Live Auto Channal - Deep GovindDetect Live channel. This is pivot based trend channal detection in live market it my help to improve your trading skills.
רצועות וערוצים
EMA Crossover with Alerts taufiqiskcross over ema 9 dan ema 21 sangat cocok untuk scalping dikit dikit
SR Channels + Oversold & Overbought + Supertrend (Public)SR Channels + Oversold & Overbought + Supertrend (Public)
//@version=5 indicator("5 Supertrend with Custom Settings", overAynı anda beş farklı zaman verisini görebilirsiniz.
sell & buy indicator for BEHRAD//@version=5
indicator("اندیکاتور خرید و فروش", overlay=true)
// تنظیمات
rsiPeriod = input(14, title="دوره RSI")
rsiOverbought = input(70, title="اشباع خرید (Overbought)")
rsiOversold = input(30, title="اشباع فروش (Oversold)")
shortMA = input(9, title="میانگین متحرک کوتاه‌مدت")
longMA = input(21, title="میانگین متحرک بلندمدت")
// محاسبات
rsi = ta.rsi(close, rsiPeriod)
shortMAValue = ta.sma(close, shortMA)
longMAValue = ta.sma(close, longMA)
// سیگنال‌ها
buySignal = rsi < rsiOversold and shortMAValue > longMAValue
sellSignal = rsi > rsiOverbought and shortMAValue < longMAValue
// ترسیم نقاط خرید و فروش
plotshape(buySignal, title="خرید", location=location.belowbar, color=color.green, style=shape.labelup, text="Buy")
plotshape(sellSignal, title="فروش", location=location.abovebar, color=color.red, style=shape.labeldown, text="Sell")
// میانگین‌ها
plot(shortMAValue, color=color.blue, title="میانگین کوتاه‌مدت")
plot(longMAValue, color=color.orange, title="میانگین بلندمدت")
Custom Strategy TO Spread strategy//@version=5
indicator("Custom Strategy", shorttitle="CustomStrat", overlay=true)
// Configuração das SMAs
smaShort = ta.sma(close, 8)
smaLong = ta.sma(close, 21)
// Configuração da Supertrend
atrPeriod = 10
atrFactor = 2
= ta.supertrend(atrFactor, atrPeriod)
// Cálculo do spread
spread = high - low
spreadThreshold = 0.20 * close // 20% do preço atual
// Condições de entrada
crossOver = ta.crossover(smaShort, smaLong)
crossUnder = ta.crossunder(smaShort, smaLong)
superTrendCross = (close > superTrend) and (close < superTrend )
superTrendConfirm = ta.barssince(superTrendCross) <= 6
// Volume
volumeConfirmation = (volume > volume ) and (volume > volume )
volumeAverage = ta.sma(volume, 15) > ta.sma(volume , 15)
// Condição final
entryCondition = (crossOver or crossUnder) and superTrendConfirm and (spread > spreadThreshold) and volumeConfirmation and volumeAverage
// Alertas
if (entryCondition)
alert("Condição de entrada atendida!", alert.freq_once_per_bar_close)
Abdulelah Eid//@version=5
strategy("VWAP and MA Strategy with Volume Confirmation - Customizable", overlay=true)
// إعدادات VWAP
vwapSource = input.source(title="VWAP Source", defval=hlc3)
// إعدادات المتوسطات المتحركة
ma20Length = input.int(title="MA20 Length", defval=20)
ma50Length = input.int(title="MA50 Length", defval=50)
// إعدادات حجم التداول
volumeMultiplier = input.float(title="Volume Multiplier", defval=1.5)
// حساب VWAP
vwap = ta.vwap(vwapSource, volume)
// حساب المتوسطات المتحركة
ma20 = ta.sma(close, ma20Length)
ma50 = ta.sma(close, ma50Length)
// شروط الشراء
longCondition = close > vwap and ma20 > ma50 and volume > ta.sma(volume, 20) * volumeMultiplier
// شروط البيع
shortCondition = close < vwap and ma20 < ma50 and volume > ta.sma(volume, 20) * volumeMultiplier
// رسم VWAP والمتوسطات المتحركة
plot(vwap, color=color.blue, title="VWAP")
plot(ma20, color=color.red, title="MA20")
plot(ma50, color=color.green, title="MA50")
// رسم إشارات الدخول والخروج (باستخدام plotchar)
plotchar(longCondition, char="كول", location=location.belowbar, color=color.green, size=size.small, title="Buy Signal")
plotchar(shortCondition, char="بوت", location=location.abovebar, color=color.red, size=size.small, title="Sell Signal")
// أوامر الدخول والخروج (اختياري)
if (longCondition)
strategy.entry("Long", strategy.long)
if (shortCondition)
strategy.entry("Short", strategy.short)
123@123@. //@version=5
strategy("VWAP and MA Strategy with Volume Confirmation - Customizable", overlay=true)
// إعدادات VWAP
vwapSource = input.source(title="VWAP Source", defval=hlc3)
// إعدادات المتوسطات المتحركة
ma20Length = input.int(title="MA20 Length", defval=20)
ma50Length = input.int(title="MA50 Length", defval=50)
// إعدادات حجم التداول
volumeMultiplier = input.float(title="Volume Multiplier", defval=1.5)
// حساب VWAP
vwap = ta.vwap(vwapSource, volume)
// حساب المتوسطات المتحركة
ma20 = ta.sma(close, ma20Length)
ma50 = ta.sma(close, ma50Length)
// شروط الشراء
longCondition = close > vwap and ma20 > ma50 and volume > ta.sma(volume, 20) * volumeMultiplier
// شروط البيع
shortCondition = close < vwap and ma20 < ma50 and volume > ta.sma(volume, 20) * volumeMultiplier
// رسم VWAP والمتوسطات المتحركة
plot(vwap, color=color.blue, title="VWAP")
plot(ma20, color=color.red, title="MA20")
plot(ma50, color=color.green, title="MA50")
// رسم إشارات الدخول والخروج (باستخدام plotchar)
plotchar(longCondition, char="كول", location=location.belowbar, color=color.green, size=size.small, title="Buy Signal")
plotchar(shortCondition, char="بوت", location=location.abovebar, color=color.red, size=size.small, title="Sell Signal")
// أوامر الدخول والخروج (اختياري)
if (longCondition)
strategy.entry("Long", strategy.long)
if (shortCondition)
strategy.entry("Short", strategy.short)
Crypto/Stable Mcap Ratio NormalizedCreate a normalized ratio of total crypto market cap to stablecoin supply (USDT + USDC + DAI). Idea is to create a reference point for the total market cap's position, relative to total "dollars" in the crypto ecosystem. It's an imperfect metric, but potentially helpful. V0.1.
This script provides four different normalization methods:
Z-Score Normalization:
Shows how many standard deviations the ratio is from its mean
Good for identifying extreme values
Mean-reverting properties
Min-Max Normalization:
Scales values between 0 and 1
Good for relative position within recent range
More sensitive to recent changes
Percent of All-Time Range:
Shows where current ratio is relative to all-time highs/lows
Good for historical context
Less sensitive to recent changes
Bollinger Band Position:
Similar to z-score but with adjustable sensitivity
Good for trading signals
Can be tuned via standard deviation multiplier
Features:
Adjustable lookback period
Reference bands for overbought/oversold levels
Built-in alerts for extreme values
Color-coded plots for easy visualization
MA PremiumMA Premium: Advanced Moving Average with Dynamic ATR Bands
MA Premium is a cutting-edge moving average indicator designed to help traders identify potential price reversal zones and optimize their trading strategies. The indicator combines a proprietary “Safety MA” with dynamic ATR-based support and resistance bands, visualized through clean lines and optional cloud regions.
Key Features
1. Proprietary “Safety MA”
The Safety MA utilizes a custom multi-layered EMA algorithm, providing a highly responsive and smooth trend line.
Dynamically adjusts to changing market conditions, offering clear signals for trend direction and potential reversals.
2. Dynamic ATR-Based Bands
Generates multiple support and resistance levels using advanced ATR calculations.
Bands represent zones of increasing market volatility and highlight potential price reversal areas, suitable for tiered trading strategies.
Visually separates overbought and oversold zones to assist in identifying critical price action points.
3. Customizable Settings
Adjustable Bandwidth: Scale the ATR bands dynamically using the Bandwidth Coefficient to align with market volatility.
MA Speed Selection: Toggle between “Fast,” “Medium,” or “Slow” settings to adjust the sensitivity of the Safety MA.
4. Intuitive Visualizations
Optional display of cloud lines and shaded regions to visually enhance support/resistance zones.
A clean and structured design ensures clarity in interpretation.
How to Use
Set the MA Type (“Fast,” “Medium,” or “Slow”) for desired responsiveness.
Adjust the Bandwidth Coefficient to match the current market's volatility.
The Safety MA acts as a dynamic trend-following tool.
Use the ATR-based bands to identify areas where price may react (e.g., potential reversals in overbought or oversold zones).
Employ the dynamic bands for tiered trade execution to manage risk and enhance entry/exit strategies.
Green bands highlight overbought zones (potential bearish reactions).
Red bands indicate oversold zones (potential bullish reactions).
Unlike traditional moving average tools, MA Premium introduces advanced dynamic band calculations and unique visual cues to help traders navigate market volatility effectively. Its adaptability and precision make it an invaluable tool for scalpers, swing traders, and long-term investors alike.
Note on Closed-Source Policy
As part of my development principles, I choose to publish my indicators as closed-source to preserve the uniqueness and integrity of the algorithms used. While the underlying logic remains private, the detailed description provided ensures that traders can fully understand the purpose, functionality, and application of the indicator. This approach allows me to focus on delivering original tools that add value to the trading community.
Disclaimer
This script is provided under the Mozilla Public License 2.0 and is intended for educational purposes only. It should not be construed as financial advice. Always combine this indicator with additional market context and use sound risk management practices.
HV-RV Oscillator by DINVESTORQ(PRABIR DAS)Description:
The HV-RV Oscillator is a powerful tool designed to help traders track and compare two types of volatility measures: Historical Volatility (HV) and Realized Volatility (RV). This indicator is useful for identifying periods of market volatility and can be employed in various trading strategies. It plots both volatility measures on a normalized scale (0 to 100) to allow easy comparison and analysis.
How It Works:
Historical Volatility (HV):
HV is calculated by taking the log returns of the closing prices and finding the standard deviation over a specified period (default is 14 periods).
The value is then annualized assuming 252 trading days in a year.
Realized Volatility (RV):
RV is based on the True Range, which is the maximum of the current high-low range, the difference between the high and the previous close, and the difference between the low and the previous close.
Like HV, the standard deviation of the True Range over a specified period is calculated and annualized.
Normalization:
Both HV and RV values are normalized to a 0-100 scale, making it easy to see their relative magnitude over time.
The highest and lowest values within the period are used to normalize the data, which smooths out short-term volatility spikes.
Smoothing:
The normalized values of both HV and RV are then smoothed using a Simple Moving Average (SMA) to reduce noise and provide a clearer trend.
Crossover Signals:
Buy Signal : When the Normalized HV crosses above the Normalized RV, it indicates that the historical volatility is increasing relative to the realized volatility, which could be interpreted as a buy signal.
Sell Signal : When the Normalized HV crosses below the Normalized RV, it suggests that the historical volatility is decreasing relative to the realized volatility, which could be seen as a sell signal.
Features:
Two Volatility Lines: The blue line represents Normalized HV, and the orange line represents Normalized RV.
Neutral Line: A gray dashed line at the 50 level indicates a neutral state between the two volatility measures.
Buy/Sell Markers: Green upward arrows are shown when the Normalized HV crosses above the Normalized RV, and red downward arrows appear when the Normalized HV crosses below the Normalized RV.
Inputs:
HV Period: The number of periods used to calculate Historical Volatility (default = 14).
RV Period: The number of periods used to calculate Realized Volatility (default = 14).
Smoothing Period: The number of periods used for smoothing the normalized values (default = 3).
How to Use:
This oscillator is designed for traders who want to track the relationship between Historical Volatility and Realized Volatility.
Buy signals occur when HV increases relative to RV, which can indicate increased market movement or potential breakout conditions.
Sell signals occur when RV is greater than HV, signaling reduced volatility or potential trend exhaustion.
Example Use Cases:
Breakout/Trend Strategy: Use the oscillator to identify potential periods of increased volatility (when HV crosses above RV) for breakout trades.
Mean Reversion: Use the oscillator to detect periods of low volatility (when RV crosses above HV) that might signal a return to the mean or consolidation.
This tool can be used on any asset class such as stocks, forex, commodities, or indices to help you make informed decisions based on the comparison of volatility measures.
NOTE: FOR INTRDAY PURPOSE USE 30/7/9 AS SETTING AND FOR DAY TRADE USE 14/7/9
rsi wf breakoutRSI Breakout Asif
RSI Breakout Asif Indicator
Overview:
The RSI Breakout Asif indicator is a custom script designed to analyze and highlight potential
breakout points using the Relative Strength Index (RSI) combined with Williams Fractals. This
indicator is specifically developed for traders who want to identify key momentum shifts in the
market.
Features:
1. RSI Analysis:
- The RSI is calculated using a user-defined length and price source.
- Horizontal lines are plotted at levels 70 (overbought), 50 (neutral), and 30 (oversold) to visually
aid decision-making.
2. Williams Fractals on RSI:
- Detects fractal highs and lows based on RSI values.
- Highlights these fractal points with dynamic, symmetrical lines for better visibility.
3. Customization:
- Users can adjust the RSI length and price source for personalized analysis.
- Fractal settings (left and right bar length) are also adjustable, making the indicator versatile for
different trading styles.
4. Visual Enhancements:
- Fractal highs are marked in red, while fractal lows are marked in green.
Asif - Page 1
RSI Breakout Asif
- Precise line placement ensures clarity and reduces chart clutter.
5. Practical Utility:
- Use the fractal breakout signals in conjunction with other technical indicators for enhanced
decision-making.
Usage:
- Add the RSI Breakout Asif indicator to your TradingView chart.
- Adjust the settings according to your trading strategy.
- Observe the RSI values and fractal points to identify potential breakout zones.
Disclaimer:
This indicator is a technical analysis tool and should be used in combination with other analysis
methods. It does not guarantee profitable trades.
Watermarked by Asif.
Asif - Page 2
rsi wf breakoutRSI Breakout Asif
RSI Breakout Asif Indicator
Overview:
The RSI Breakout Asif indicator is a custom script designed to analyze and highlight potential
breakout points using the Relative Strength Index (RSI) combined with Williams Fractals. This
indicator is specifically developed for traders who want to identify key momentum shifts in the
market.
Features:
1. RSI Analysis:
- The RSI is calculated using a user-defined length and price source.
- Horizontal lines are plotted at levels 70 (overbought), 50 (neutral), and 30 (oversold) to visually
aid decision-making.
2. Williams Fractals on RSI:
- Detects fractal highs and lows based on RSI values.
- Highlights these fractal points with dynamic, symmetrical lines for better visibility.
3. Customization:
- Users can adjust the RSI length and price source for personalized analysis.
- Fractal settings (left and right bar length) are also adjustable, making the indicator versatile for
different trading styles.
4. Visual Enhancements:
- Fractal highs are marked in red, while fractal lows are marked in green.
Asif - Page 1
RSI Breakout Asif
- Precise line placement ensures clarity and reduces chart clutter.
5. Practical Utility:
- Use the fractal breakout signals in conjunction with other technical indicators for enhanced
decision-making.
Usage:
- Add the RSI Breakout Asif indicator to your TradingView chart.
- Adjust the settings according to your trading strategy.
- Observe the RSI values and fractal points to identify potential breakout zones.
Disclaimer:
This indicator is a technical analysis tool and should be used in combination with other analysis
methods. It does not guarantee profitable trades.
Watermarked by Asif.
Asif - Page 2
Pro Stock Scanner + MACD# Pro Stock Scanner - Advanced Trading System
### Professional Scanning System Combining MACD, Momentum & Technical Analysis
## 🎯 Indicator Purpose
This indicator was developed to identify high-quality trading opportunities by combining:
- Strong positive momentum
- Clear technical trend
- Significant trading volume
- Precise MACD signals
## 💡 Core Mechanics
The indicator is based on three core components:
### 1. Advanced MACD Analysis (40%)
- MACD line crossover tracking
- Momentum strength measurement
- Positive/negative divergence detection
- Score range: 0-40 points
### 2. Trend Analysis (40%)
- Moving average relationships (MA20, MA50)
- Primary trend direction
- Current trend strength
- Score range: 0-40 points
### 3. Volume Analysis (20%)
- Comparison with 20-day average volume
- Volume breakout detection
- Score range: 0-20 points
## 📊 Scoring System
Total score (0-100) composition:
```
Total Score = MACD Score (40%) + Trend Score (40%) + Volume Score (20%)
```
### Score Interpretation:
- 80-100: Strong Buy Signal 🔥
- 65-79: Developing Bullish Trend ⬆️
- 50-64: Neutral ↔️
- 0-49: Technical Weakness ⬇️
## 📈 Chart Markers
1. **Large Blue Triangle**
- High score (80+)
- Positive MACD
- Bullish MACD crossover
2. **Small Triangles**
- Green: Bullish MACD crossover
- Red: Bearish MACD crossover
## 🎛️ Customizable Parameters
```
MACD Settings:
- Fast Length: 12
- Slow Length: 26
- Signal Length: 9
- Strength Threshold: 0.2%
Volume Settings:
- Threshold: 1.5x average
```
## 📱 Information Panel
Real-time display of:
1. Total Score
2. MACD Score
3. MACD Strength
4. Volume Score
5. Summary Signal
## ⚙️ Optimization Guidelines
Recommended adjustments:
1. **Bull Market**
- Decrease MACD sensitivity
- Increase volume threshold
- Focus on trend strength
2. **Bear Market**
- Increase MACD sensitivity
- Stricter trend conditions
- Higher score requirements
## 🎯 Recommended Trading Strategy
### Phase 1: Initial Scan
1. Look for 80+ total score
2. Verify sufficient trading volume
3. Confirm bullish MACD crossover
### Phase 2: Validation
1. Check long-term trend
2. Identify nearby resistance levels
3. Review earnings calendar
### Phase 3: Position Management
1. Set clear stop-loss
2. Define realistic profit targets
3. Monitor score changes
## ⚠️ Important Notes
1. This indicator is a supplementary tool
2. Combine with fundamental analysis
3. Strict risk management is essential
4. Not recommended for automated trading
## 📈 Usage Examples
Examples included:
1. Successful buy signal
2. Trend reversal identification
3. False signal analysis and lessons learned
## 🔄 Future Updates
1. RSI integration
2. Advanced alerts
3. Auto-optimization features
## 🎯 Key Benefits
1. Clear scoring system
2. Multiple confirmation layers
3. Real-time market feedback
4. Customizable parameters
## 🚀 Getting Started
1. Add indicator to chart
2. Adjust parameters if needed
3. Monitor information panel
4. Wait for strong signals (80+ score)
## 📊 Performance Metrics
- Success rate: Monitor and track
- Best performing in trending markets
- Optimal for swing trading
- Most effective on daily timeframe
## 🛠️ Technical Details
```pine
// Core components
1. MACD calculation
2. Volume analysis
3. Trend confirmation
4. Score computation
```
## 💡 Pro Tips
1. Use multiple timeframes
2. Combine with support/resistance
3. Monitor sector trends
4. Consider market conditions
## 🤝 Support
Feedback and improvement suggestions welcome!
## 📜 License
MIT License - Free to use and modify
## 📚 Additional Resources
- Recommended timeframes: Daily, 4H
- Best performing markets: Stocks, ETFs
- Optimal market conditions: Trending markets
- Risk management guidelines included
## 🔍 Final Notes
Remember:
- No indicator is 100% accurate
- Always use proper position sizing
- Combine with other analysis tools
- Practice proper risk management
// @version=5
// @description Pro Stock Scanner - Advanced trading system combining MACD, momentum and volume analysis
// @author AviPro
// @license MIT
//
// This indicator helps identify high-quality trading opportunities by analyzing:
// 1. MACD momentum and crossovers
// 2. Trend strength and direction
// 3. Volume patterns and breakouts
//
// The system provides:
// - Total score (0-100)
// - Visual signals on chart
// - Information panel with key metrics
// - Customizable parameters
//
// IMPORTANT: This indicator is for educational and informational purposes only.
// Always conduct your own analysis and use proper risk management.
//
// If you find this indicator helpful, please consider leaving a like and comment!
// Feedback and suggestions for improvement are always welcome.
High Volume Support and Resistance Levels2مؤشر "High Volume Support and Resistance Levels" هو أداة تحليل تقني تهدف إلى مساعدة المتداولين في تحديد مستويات الدعم والمقاومة الأكثر أهمية بناءً على أحجام التداول العالية. يعتمد المؤشر على فكرة أن المستويات التي تحدث عندها أحجام تداول كبيرة هي نقاط مهمة حيث يكون للسعر احتمالية كبيرة للتوقف أو الارتداد أو حتى الكسر.
فوائد استخدام المؤشر:
يتم تحديد مستويات الدعم والمقاومة بناءً على النشاط الكبير في السوق، مما يعكس أهمية هذه المستويات بالنسبة للمتداولين الآخرين هذه المستويات تعتبر نقاط رئيسية لاتخاذ قرارات التداول.
تحليل البيانات بسهولة بدلاً من الاعتماد على تحليل يدوي أو تخمين مستويات الدعم والمقاومة، يقوم المؤشر بمعالجة البيانات تلقائيًا لتوفير مستويات دقيقة.
يساعد المؤشر على التعرف على كسر الدعم أو المقاومة، وهو أمر يمكن أن يكون إشارة لبداية اتجاه جديد أو تغيير في الزخم.
تخصيص كامل حسب احتياجات المتداول:
القدرة على تحديد عدد المستويات المطلوبة (1 إلى 6 مستويات).
إمكانية اختيار ألوان الخطوط وسمكها لتتناسب مع التفضيلات الشخصية.
تنبيهات للكسر:
يرسل المؤشر تنبيهًا عندما يتجاوز السعر مستوى مقاومة أو دعم رئيسي. هذا التنبيه يمكن أن يساعد في اتخاذ قرارات سريعة للتداول.
الدقة:
المؤشر يقوم بتحليل أحجام التداول خلال فترة محددة (مثل 500 شمعة) مما يجعل نتائجه قائمة على بيانات دقيقة وموثوقة.
كيف يعمل المؤشر؟
تحليل الشموع السابقة:
المؤشر يقوم بمراجعة عدد معين من الشموع السابقة (الفترة الزمنية تُحدد في الإعدادات).
يتم اختيار الشموع ذات أحجام التداول الأعلى.
رسم خطوط الدعم والمقاومة:
يتم رسم خطوط أفقية على الرسم البياني عند أعلى وأدنى سعر للشموع ذات أحجام التداول العالية.
الخطوط تمثل مستويات الدعم والمقاومة الرئيسية.
التنبيه عند الكسر:
إذا تجاوز السعر أعلى مستوى مقاومة، يعتبر ذلك إشارة إلى كسر صعودي (Breakout).
إذا انخفض السعر أسفل مستوى الدعم، يعتبر ذلك إشارة إلى كسر هبوطي.
تنويه:
المؤشر هو أداة مساعدة فقط ويجب استخدامه مع التحليل الفني والأساسي لتحقيق أفضل النتائج.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView.
Introduction to the indicator:
The "High Volume Support and Resistance Levels" indicator is a technical analysis tool that aims to help traders identify the most important support and resistance levels based on high trading volumes. The indicator is based on the idea that levels at which high trading volumes occur are important points where the price has a high probability of stopping, rebounding or even breaking.
Benefits of using the indicator:
Support and resistance levels are determined based on high market activity, reflecting the importance of these levels to other traders. These levels are key points for making trading decisions.
Easily analyze data Instead of relying on manual analysis or guessing support and resistance levels, the indicator automatically processes the data to provide accurate levels.
The indicator helps identify a break of support or resistance, which can be a signal of the beginning of a new trend or a change in momentum.
Fully customizable to the needs of the trader:
Ability to specify the number of levels required (1 to 6 levels).
Possibility to choose the colors and thickness of the lines to suit personal preferences.
Break Alerts:
The indicator sends an alert when the price breaks a major resistance or support level. This alert can help in making quick trading decisions.
Accuracy:
The indicator analyzes the trading volumes over a specific period (such as 500 candles) making its results based on accurate and reliable data.
How does the indicator work?
Previous candle analysis:
The indicator reviews a certain number of previous candles (the time period is specified in the settings).
Candles with the highest trading volumes are selected.
Drawing support and resistance lines:
Horizontal lines are drawn on the chart at the highest and lowest prices of candles with high trading volumes.
The lines represent the main support and resistance levels.
Breakout alert:
If the price exceeds the highest resistance level, this is a signal for an upward breakout.
If the price drops below the support level, this is a signal for a downward breakout.
Disclaimer:
The indicator is an auxiliary tool only and should be used in conjunction with technical and fundamental analysis to achieve the best results.
Disclaimer
The information and posts are not intended to be, or constitute, any financial, investment, trading or other types of advice or recommendations provided or endorsed by TradingView.
ROE BandROE Band shows the return on net profit from shareholders' equity and the formula for decomposition
ROE = ROA x CSL x CEL
ROE Band consists of 5 parts:
1. ROE (TTM) is the 12-month ROE calculation in "green"
2. Return on Equity (ROE) is the current quarterly net profit / the average of the beginning and ending periods of shareholders' equity in "yellow"
3. Return on Assets (ROA) is the current quarterly NOPAT (net profit before tax) / the average of the beginning and ending periods of total assets in "blue"
4. Capital structure leverage (CSL) is a financial measure that compares a company's debt to its total capital. It is calculated by taking the average of the beginning and ending periods of total assets / the average of the beginning and ending periods of shareholders' equity. The higher the CSL, the more deb, in. "red"
5. Common earnings leverage (CEL) is the proportion of net profit and NOPAT (net profit before tax), where a lower CEL means more tax, in "orange"
The "😱" emoji represents the value if it increases by more than or decreases by less than 20%, e.g.
- ROE(TTM), ROE, ROA, CEL is decreasing
- CSL is increasing
The "🔥" emoji represents the value if it increases by more than or decreases, e.g.
- ROE(TTM), ROE, ROA, CEL is increasing
- CSL is decreasing
S & R - Trend Lines & Channels (Prince of Arabs)Support and Resistance with Trend Channels
This indicator identifies key support and resistance levels based on swing highs and lows over a user-defined lookback period. It also visualizes dynamic trend channels to help traders understand price ranges and market structure.
Key features include:
Support Level: Marked with a green line and labeled "Support," indicating potential buying areas.
Resistance Level: Marked with a red line and labeled "Resistance," indicating potential selling areas.
Trend Channels: Dashed blue (upper) and purple (lower) lines show the price range above resistance and below support, helping to identify overbought and oversold conditions.
Clear Entry Signals: A "Buy" label is displayed near the price when it approaches the support level within a user-defined backtesting range.
Stop Loss and Take Profit Levels: Automatically calculated based on customizable percentages and visualized on the chart for each trade.
Risk-to-Reward Visualization: The indicator simplifies risk management by showing trade levels dynamically.
Absorption AnalysisThe Absorption Analysis indicator identifies potential market turning points by analyzing volume, price patterns, and market structure across multiple dimensions. It combines traditional technical signals with volume analysis and success rate tracking to provide high-probability reversal opportunities.
Signal Types & Classification
1. Pattern-Based Signals (W-Bottom & M-Top)
**W-Bottom Pattern**
- Pattern Structure:
* Price makes a low below the lower Bollinger Band
* First bounce occurs with price moving higher
* Secondary test forms a higher low
* Final confirmation with bullish close above lower band
- Volume Requirements:
* Must exceed 1.5x the 20-period volume moving average
- Visual Indicators:
* Blue dotted line appears at pattern low
* Line remains until broken by price
* Label shows volume and percentage from baseline
- Success Tracking:
* Pattern stored in historical database
* Success measured by upward price movement
* Historical success rate displayed with signal
**M-Top Pattern**
- Pattern Structure:
* Price makes a high above the upper Bollinger Band
* First pullback occurs with price moving lower
* Secondary push forms a lower high
* Final confirmation with bearish close below upper band
- Volume Requirements:
* Must exceed 1.5x the 20-period volume moving average
- Visual Indicators:
* Orange dotted line appears at pattern high
* Line remains until broken by price
* Label shows volume and percentage from baseline
- Success Tracking:
* Pattern stored in historical database
* Success measured by downward price movement
* Historical success rate displayed with signal
2. Technical Reversals
**Bullish Reversal**
- Entry Conditions:
* Previous candle closes below lower Bollinger Band
* Previous candle must be bearish
* Current candle closes above lower band
* Current candle must be bullish
- Volume Validation:
* Volume must exceed 1.5x 20-period MA
- Visual Markers:
* Green label at reversal point
* Includes volume context
- Trading Implementation:
* Suggests strong buying pressure overcoming selling
* Often marks end of downward price exhaustion
**Bearish Reversal**
- Entry Conditions:
* Previous candle closes above upper Bollinger Band
* Previous candle must be bullish
* Current candle closes below upper band
* Current candle must be bearish
- Volume Validation:
* Volume must exceed 1.5x 20-period MA
- Visual Markers:
* Red label at reversal point
* Includes volume context
- Trading Implementation:
* Suggests strong selling pressure overcoming buying
* Often marks end of upward price exhaustion
3. Volume-Based Reversals
**High Volume Bear to Bull**
- Signal Formation:
* High volume bearish candle (2.5σ above mean)
* Immediately followed by high volume bullish candle
- Market Psychology:
* Shows strong selling being absorbed by buying
* Often indicates institutional accumulation
- Visual Identification:
* Purple "HV Bull" label
* Includes volume statistics
- Trading Context:
* Strong signal for trend reversal
* Most effective at support levels
**High Volume Bull to Bear**
- Signal Formation:
* High volume bullish candle (2.5σ above mean)
* Immediately followed by high volume bearish candle
- Market Psychology:
* Shows strong buying being absorbed by selling
* Often indicates institutional distribution
- Visual Identification:
* Purple "HV Bear" label
* Includes volume statistics
- Trading Context:
* Strong signal for trend reversal
* Most effective at resistance levels
4. Absorption Signals
**Buy Absorption**
- Technical Requirements:
* High volume conditions (2.5σ above mean)
* Spread momentum must be negative
* Fast spread MA below slow spread MA
* Bullish closing candle
- Market Interpretation:
* Indicates buying pressure absorbing selling
* Often precedes upward movement
- Visual Markers:
* Red label with volume context
* Placed at significant price levels
**Sell Absorption**
- Technical Requirements:
* High volume conditions (2.5σ above mean)
* Spread momentum must be negative
* Fast spread MA below slow spread MA
* Bearish closing candle
- Market Interpretation:
* Indicates selling pressure absorbing buying
* Often precedes downward movement
- Visual Markers:
* Green label with volume context
* Placed at significant price levels
Volume Analysis Components
Volume Calculation
- Rolling baseline volume calculated based on timeframe:
* Monthly: 6-period sum
* Weekly: 12-period sum
* Daily: 20-period sum
* Intraday: Proportional to timeframe
- Net volume = Bullish volume - Bearish volume
- Volume percentage calculated against baseline
- High volume threshold = 2.5 standard deviations
- Pattern volume threshold = 1.5x 20MA
Exchange Aggregation
- Primary symbol (chart) always included
- Optional secondary symbol data
- Combines volume data for stronger signals
- Useful for crypto markets with split liquidity
Success Rate Implementation
Rate Calculation
- Based on user-defined lookback period
- Separately tracked for each pattern type
- Bullish patterns: Percentage of times price moved higher
- Bearish patterns: Percentage of times price moved lower
- Used to filter alerts with minimum threshold
Pattern Storage
- Arrays maintain historical pattern data
- Limited to lookback period size
- Oldest patterns removed as new ones form
- Constantly updated success rates
## Trading Implementation
### Signal Priority
1. Pattern Signals (W/M)
- Highest reliability due to complex criteria
- Must meet all volume and price conditions
- Line break provides clear invalidation
2. High Volume Reversals
- Strong indication of institutional activity
- Clear volume confirmation
- Immediate reversal potential
3. Technical Reversals
- Traditional technical analysis backbone
- Enhanced with volume confirmation
- Good for trend trading
4. Absorption Signals
- Early warning system
- Best used with other confirmations
- Good for position building
Best Practices
- Look for multiple signal types aligning
- Consider higher timeframe context
- Use success rates to filter setups
- Monitor volume context closely
- Wait for candle closes
- Use line breaks for clear invalidation
- Consider market structure
- Pay attention to success rates
- Use appropriate position sizing
Risk Management
- Use pattern breaks for stop losses
- Consider historical success rates
- Larger positions for multiple signal confluence
- Respect timeframe hierarchy
- Monitor volume for confirmation
- Use proper position sizing
- Consider market volatility
This indicator provides a comprehensive framework for identifying potential market turning points while maintaining rigorous risk management through multiple confirmation factors and clear invalidation levels.
BK BB Horizontal LinesIndicator Description:
I am incredibly proud and excited to share my second indicator with the TradingView community! This tool has been instrumental in helping me optimize my positioning and maximize my trades.
Bollinger Bands are a critical component of my trading strategy. I designed this indicator to work seamlessly alongside my previously introduced tool, "BK MA Horizontal Lines." This indicator focuses specifically on the Daily Bollinger Bands, applying horizontal lines to the bands which is displayed in all timeframes. The Daily bands in my opinion hold a strong significance when it comes to support and resistance, knowing your current positioning and maximizing your trades. The settings are fully adjustable to suit your preferences and trading style.
If you find success with this indicator, I kindly ask that you give back in some way through acts of philanthropy, helping others in the best way you see fit.
Good luck to everyone, and always remember: God gives us everything. May all the glory go to the Almighty!
Range Channel by Atilla YurtsevenThis script creates a dynamic channel around a user-selected moving average (MA). It calculates the relative difference between price and the MA, then finds the average of the positive differences and the negative differences separately. Using these averages, it plots upper and lower bands around the MA as well as a histogram-like oscillator to show when price moves above or below the average thresholds.
How It Works
Moving Average Selection
The indicator allows you to choose among multiple MA types (SMA, EMA, WMA, Linear Regression, etc.). Depending on your preference, it calculates the chosen MA for the selected lookback period.
Relative Difference Calculation
It then computes the percentage difference between the source (typically the closing price) and the MA. (diff = (src / ma - 1) * 100)
Positive & Negative Averages
- Positive differences are averaged and represent how far the price typically moves above the MA.
- Negative differences are similarly averaged for when price moves below the MA.
Range Channel & Oscillator
- The channel is plotted around the MA using the average positive and negative differences (Upper Edge and Lower Edge).
- The “Untrended” histogram plots the difference (diff). Green bars occur when price is above the MA on average, and red bars when below. Two additional lines mark the upper and lower average thresholds on this histogram.
How to Use
Identify Overbought/Oversold Zones: The upper edge can serve as a dynamic overbought level, while the lower edge can suggest potential oversold conditions. When the histogram approaches or crosses these levels, it may signal price extremes relative to its average movement.
Trend Confirmation: Compare price action relative to the channel. If price and the histogram consistently remain above the MA and upper threshold, it could indicate a stronger bullish trend. If they remain below, it might signal a prolonged bearish trend.
Entry/Exit Timings:
- Entry: Traders can look for moments when price breaks back inside the channel from an extreme, anticipating a mean reversion.
- Exit: Watching how price interacts with these dynamic edges can help define stop-loss or take-profit points.
Because these thresholds adapt over time based on actual price behavior, they can be more responsive than fixed-percentage bands. However, like all indicators, it’s most effective when used in conjunction with other technical and fundamental tools.
Disclaimer
This script is provided for educational and informational purposes only. It does not guarantee any specific outcome or profit. Use it at your own discretion and risk.
Trade smart, stay safe.
Atilla Yurtseven
Thrax Signals and OverlaysThrax Signals and Overlays is a versatile toolkit offering insights into trends, trade entry/exit points, market sentiment, volatility, and more.
1. Enable Bar Colors:
Turn this on to see candlesticks change colors based on market sentiment.
- Green: Bullish sentiment.
- Purple: Neutral/sideways sentiment.
- Red: Bearish sentiment.
➔ These colors are calculated using a combination of Superbands, ATRs, and momentum.
➔ When a candle turns purple to green, it suggests a shift from neutral to bullish sentiment.
➔ When a candle turns purple to red, it indicates a shift from neutral to bearish sentiment.
2. Enable Buy/Sell Signals:
When this feature is enabled, the indicator provides clear buy and sell signals to help you identify potential trading opportunities.
⚙️ A Buy Signal is indicated by a green arrow, suggesting an upward market movement and an opportunity to enter a long trade.
⚙️ A Sell Signal is indicated by a red arrow, signaling a downward market movement and a potential opportunity for a short trade.
⚙️ Strong Buy and Sell Signals are represented by a "+" symbol, which highlights particularly high-confidence trade signals based on stronger trend alignments.
By enabling this feature, you can quickly spot entry points for your trades with the support of well-calculated indicators, streamlining your decision-making process.
3. Take Profit Points
➔ Green "x": Suggested exit points for bullish trades.
➔ Red "x": Suggested exit points for bearish trades.
These points are calculated using multiple trailing ATRs, allowing you to exit trades in portions.
4. Enable Thrax Shield Zones:
⚙️ When this feature is enabled, the indicator displays dynamic resistance and support zones on your chart, providing valuable insights into key price levels where market trends are likely to react.
➔ The Top Band (Red) represents the Resistance Zone, indicating a price level where upward momentum may slow or reverse as sellers dominate.
➔ The Bottom Band (Green) represents the Support Zone, indicating a price level where downward momentum may slow or reverse as buyers step in.
➔ These zones are calculated using a modified Gaussian filter, which smoothens price data and captures subtle market behaviors. By identifying these zones, you can plan trades more effectively, avoiding entries near resistance and looking for opportunities around support.
5. Plot Dynamic Wave Trail:
⚙️ This feature adds a wave trail to the chart, offering a dynamic and continuous visual representation of market sentiment and momentum.
➔ Blue Wave: Indicates bullish sentiment, suggesting the market is trending upwards with positive momentum.
➔ Red Wave: Indicates bearish sentiment, signaling a downward trend in the market. (This feature will be available soon.)
➔ The wave trail provides an intuitive way to confirm the prevailing market direction, helping traders make more informed decisions about entering or exiting trades.
✦ This can act as support an d resistance as well. When price touches blue trail price reversal in short term is highly possible similarly when price touches red trail price reversal chances are high.
✦ When a buy signal occurs but the Wave Trail is red, it could indicate a false signal, as the bearish sentiment contradicts the buy indication. Similarly, when a sell signal occurs but the Wave Trail is blue, it may also be a false signal, as the bullish sentiment opposes the sell indication. Always cross-reference signals with the Wave Trail to confirm sentiment before making trade decisions, reducing the chances of acting on conflicting or unreliable signals.
6. Enable Dynamic cloud
✦ When enabled it plots a cloud structure on chart. When the trend starts the color of the cloud is darker and then as the trend sustains it lightens out. It helps you identify recent trends ( dark cloud) by differentiating the older trends ( lighter cloud).
7. Enable Trend Catcher & Trend Tracer
⚙️ Trend Tracer
✦ When enabled, it plots a dotted line below the candles. This can be used in conjunction with trail wave to confirm bullish if both is bullish and bearish if both is bearish. This is built by tweaking a lower timeframe super trend.
➔ Confirms bullish sentiment when paired with a bullish wave trail.
➔ Confirms bearish sentiment when paired with a bearish wave trail.
⚙️ Trend Catcher
✦ Displays sharp trend lines on the chart. When enables it displays sharp trend lines which can be used in conjunction with trend catcher and trail wave to confirm trend type.
8. Dashboard
⚙️ When enabled, the dashboard provides key insights into market trends, including trend strength, trend direction, trend volatility, trend sentiment, and trend squeeze.
➔ Trend Strength: Displays a value between 0-100, derived from a combination of RSI and ADX values to indicate the trend's intensity.
➔ Trend Direction: Determines whether the market is bullish or bearish, calculated using RSI, ESAs (Exponential Moving Averages), and trend strength.
➔ Trend Volatility: Measures market fluctuations using Bollinger Bands and the RBI Vigor Index.
➔ Trend Sentiment: Reflects market bias, calculated using moving averages and on-balance volume (OBV).
✦This feature offers a concise overview of market conditions, helping you make informed trading decisions.
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THRAX TRADE SETUP
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⚙️ Trade Setup Guidelines
✪ Aggressive Long Trade Setup:
- Base Setup: Enable Buy-Sell signals, Wave Trail, Bar Coloring, and Shield Zones.
- Wait for a Buy or Strong Buy signal.
- Ensure the Wave Trail is bullish (blue) when the signal occurs.
- Confirm the price is not at the resistance zone (Upper Shield Zone).
- Once all conditions are met, you can initiate a long trade.
✪ Aggressive Short Trade Setup:
- Base Setup: Enable Buy-Sell signals, Wave Trail, Bar Coloring, and Shield Zones.
- Wait for a Sell or Strong Sell signal.
- Ensure the Wave Trail is bearish (red) when the signal occurs.
- Confirm the price is not at the support zone (Lower Shield Zone).
- Once all conditions are met, you can initiate a short trade.
⚙️ Cautious Trade Setup Guidelines
You can follow the Aggressive Long or Short Trade Setup with added confirmations for safer trades:
- Wait for the Aggressive Trade Setup conditions to trigger, then look for the following confirmations:
1. Confirmation 1: The candle color matches the sentiment (Green for bullish, Red for bearish).
2. Confirmation 2: The signal strength in the Dynamic Cloud is strong (dark colors).
3. Confirmation 3: Both Trend Catcher and Trend Tracer align with the sentiment (bullish or bearish).
4. Confirmation 4: Use the Dashboard to confirm the trend's strength, direction, and volatility.
These cautious setups provide additional validation for more reliable trades.
