_mr_beach Sunday Entwicklung Version 1_mr_beach Sunday Development Version 1
Short Description (for TradingView publication):
This indicator combines EMA crossovers, VWAP with standard deviation bands, gap detection, pivot-based support & resistance, and VWAP distance labels in a single overlay. Perfect for discretionary traders aiming to efficiently identify gap fills, trend reversals, and key price levels. All components can be toggled on/off via the settings menu.
Full Indicator Description:
🧠 Purpose of the Indicator:
This all-in-one tool merges several analytical features to visualize trend direction, market structure, key price levels (e.g., gaps, VWAP distance, pivot support), and entry signals at a glance.
🔧 Integrated Features:
EMA20 / EMA50: Trend detection via moving averages. Crossover signals indicate potential entries.
VWAP + Band: Volume-weighted average price with visual deviation bands.
GAP-Up / GAP-Down: Price gaps are highlighted in color (brown/yellow), optionally showing only open ones.
VWAP Distance Label: Displays the current price’s percentage deviation from the VWAP as a chart label.
Buy/Sell Signals: Triggered by EMA20 and EMA50 crossovers.
HH/LL SL-Marker: Identifies local highs/lows using pivots.
Support & Resistance: Automatically calculated pivot zones.
Customizable Visibility: All features can be toggled in the settings menu.
Dummy Plot: plot(na) ensures error-free compilation.
⚙️ Settings Menu Options:
Show VWAP: Displays VWAP and deviation bands.
Show EMA20 / EMA50: Shows the moving averages.
Show Gaps: Enables gap detection.
Show Only Open Gaps: Hides already filled gaps.
Show VWAP Distance: Activates VWAP deviation label.
Support & Resistance: Displays pivot-based zones as support/resistance.
🔔 Alerts:
‘Mads Morningstar Signal’: Buy/Sell alerts based on EMA crossover.
📈 Use Cases:
Trend-following setups using EMA crossover
Gap-fill trading strategies
VWAP reversion trades
SL/TP based on HH/LL or pivot levels
Visual chart preparation for scalping, intraday, or swing trading
🛠 Suggested Extensions:
Gap table showing open levels
Take-Profit/Stop-Loss strategy
Alerts for new gap formation
Strategy tester module with gap-based entries
רצועות וערוצים
趋势策略(实验版)此指标通过EMA趋势确认、加仓信号及Vegas通道，提供清晰的市场趋势指引，帮助交易者捕捉关键转折点和波动范围。
Trend Crossover + Position Add Signals (Optimized + Background + Vegas Channel)
This indicator combines EMA trend confirmation, position add signals, and the Vegas channel to provide clear market trend guidance, helping traders capture key turning points and volatility ranges.
KIT_ALL_VOTE_INDICADORIndicator developed to consolidate and display the voting results of multiple neural networks in real time on the chart.
It calculates the number of buy and sell signals from various AI instances and presents a consolidated view to assist in decision-making.
Ideal for algorithmic trading strategies and monitoring EAs that use voting logic.
Main features:
Displays the total count of buy and sell votes on the chart.
Automatically updates on each new candle or tick.
Can be used together with the SuperNeural1 EA or other systems based on voting.
Recommended asset: XAUUSD or any pair with high volatility.
Suggested timeframe: M1 to H1.
D1 Momentum Trigger (Filter ADX)D1 MOMENTUM TRIGGER + ADX – Added ADX filter to avoid strong trend periods during reversal trades. The ADX period is configurable.
Kalman Supertrend (High vs Low) Bands by Skyito V2Inspired by BackQuant's Kalman Hull Supertrend, this upgraded version replaces the typical Kalman-close method with Kalman-filtered High and Low sources. This approach provides clearer trend visualization and helps confirm potential breakouts or reversals using clean, directional candle signals.
The core logic revolves around BB (Band Buy) and SS (Band Sell) signals:
BB appears only when a candle fully breaks above both Kalman High and Low bands.
SS appears when a candle fully breaks below both bands.
These clean triggers help avoid false signals and are excellent for capturing high-probability trend shifts.
✅ The Supertrend line is also included and can be toggled on or off — useful for those who prefer early trend detection or confirmation.
🆕 Why the SMA Band was Included
To complement the Kalman band system, a Moving Average Band (default: SMA 200) is added:
It helps detect the long-term trend direction.
Candles are colored green when above the SMA band and red when below.
This visual cue strengthens trend confidence and adds an extra layer for filtering trades.
The MA band and coloring can be turned on or off based on preference.
This tool is built for traders who want a clean trend-following and breakout confirmation system. It can be used as a standalone strategy or paired with price action, volume, or support/resistance tools.
Swing Anchored Vwap [BigBeluga]🔵 OVERVIEW
Swing Anchored Vwap tracks the market’s directional behavior by anchoring VWAPs (Volume Weighted Average Price) to dynamically detected swing highs and lows. It visually distinguishes the active swing VWAP from historical ones—offering traders a clean view of trend-aligned value zones with clearly marked inflection points.
🔵 CONCEPTS
Swing Anchored VWAPs: VWAPs are initiated from recent swing highs during downtrends and swing lows during uptrends.
Trend Detection: The indicator identifies trend shifts based on the breaking of recent highest or lowest price value.
Trend-Based Coloring:
• Green VWAPs: are drawn from swing lows in uptrends.
• Blue VWAPs: are drawn from swing highs in downtrends.
Sensitivity Control: The Length input defines how far back the script looks to determine swing points—shorter lengths make it more reactive.
🔵 FEATURES
Real-time VWAP projection from the current swing point, updated live.
Historical VWAP traces with slightly faded color to emphasize the current active one.
Swing markers automatically placed on highs/lows where VWAPs are anchored.
Label with price value at the end of each active VWAP line for clarity.
Adaptive color scheme that visually separates uptrend/downtrend zones.
🔵 HOW TO USE
Use active VWAP as a dynamic support/resistance guide during ongoing trends.
Observe breaks or rejections around these VWAPs for trend continuation or reversal clues .
Compare current price position relative to swing VWAPs to assess trend maturity and extension .
Combine with volume analysis or structure to increase conviction at swing points.
🔵 CONCLUSION
Swing Anchored Vwap merges the logic of anchored VWAPs and swing structure into a responsive visual tool. It helps traders stay aligned with the current trend while offering historical context via previous value anchors—ideal for intraday to swing-level analysis.
RSI + MACD + EMA Buy/Sell ComboRSI + MACD + EMA Buy/Sell Combo with signals if all 2 lines up it will create buy and cell signals
Turtle Trading System IndicatorKey Features & Components
Donchian Channels
The core of the indicator is the Donchian Channel, represented by the upper and lower blue bands.
Upper Channel: The highest price over a user-defined period.
Lower Channel: The lowest price over the same period.
Middle Line: The midpoint between the upper and lower channels.
These channels are used to identify potential breakouts, which form the basis for trade entries.
Trading Signals
The script automatically generates clear, non-repainting signals for potential trades:
Long Entry (Green ▲): A green upward-facing triangle appears below the candle when the closing price breaks above the upper Donchian channel, signaling the start of a potential uptrend.
Short Entry (Red ▼): A red downward-facing triangle appears above the candle when the closing price breaks below the lower Donchian channel, signaling the start of a potential downtrend.
Long Exit (Green X): A green cross appears above the candle when the price crosses below the middle line, suggesting the uptrend is weakening.
Short Exit (Orange X): An orange cross appears below the candle when the price crosses above the middle line, suggesting the downtrend is losing momentum.
Integrated Risk Management
A crucial element of the Turtle strategy is disciplined risk management, which is built into this indicator.
Volatility-Based Position Sizing
You can enable position sizing that adapts to market volatility using the Average True Range (ATR). When an entry signal occurs, a label appears showing a calculated position size unit. The formula aims to normalize risk, meaning you would trade smaller sizes in volatile markets and larger sizes in calmer markets. The formula used is:
Volatility Unit=
100
Risk %
×
4×ATR
Close Price
Dynamic Stop Loss
Upon a long or short entry, a stop-loss level is plotted on the chart as red circles. This level is calculated based on the ATR, automatically adjusting to the market's current volatility to provide a data-driven exit point for managing losses. It is calculated as:
Long Stop: Close Price - 1.8 * ATR
Short Stop: Close Price + 1.8 * ATR
On-Chart Information Panel
A convenient table is displayed in the bottom-right corner of the chart, showing the current ATR value and the calculated Position Size unit for quick and easy reference.
Customizable Settings
You can tailor the indicator to your specific strategy and risk tolerance:
Donchian Channel Period: Sets the lookback period for the channels. The default is 20. Shorter periods will be more sensitive and generate more signals.
ATR Period: Sets the lookback period for the Average True Range calculation, affecting both position size and stop-loss levels. The default is 14.
Risk Percentage: The percentage of equity you wish to risk per trade. This directly influences the position size calculation.
Use Volatility Position Sizing: A simple checkbox to turn the ATR-based position sizing on or off.
Kalman Supertrend (High vs Low) Bands Inspired by BackQuant, this script modifies the original Kalman Hull Supertrend by replacing the close price with High and Low sources. This creates clearer trend definition and better trend tracking.
This is one of the best trend indicators that can be used for trend trading or to capture reversals with high clarity.
Key Features:
Kalman High/Low Bands — Smooths market noise while separating bullish and bearish zones.
BB & SS Alerts — Triggered only when the entire candle closes outside both bands, helping filter out false breakouts.
Supertrend (optional) — Can be toggled on/off to monitor potential short-term or early trend shifts.
Customizable Display — Show/hide bands, fills, and live candle coloring for chart clarity.
Reversal Insight:
For 4H and Daily charts, reversal signals appear to be quite accurate when the price retests the trend bands before continuing the move.
How to Use:
BB appears when a candle fully closes above both High/Low Kalman bands — possible bullish breakout.
SS appears when a candle fully closes below both bands — possible bearish breakdown.
Supertrend toggle can confirm shorter-term moves or early reversals.
Credit to the original script BackQuant
Multi-Length Quad Bollinger BandsHere is a Pine Script code for TradingView that plots four separate Bollinger Bands on your chart. The lengths are preset to 14, 50, 100, and 200, but every aspect—including lengths, standard deviations, colors, and the source price—is fully customizable through the script's settings menu.
The 14 and 50-period bands are enabled by default, while the 100 and 200-period bands are disabled to keep the chart clean initially. You can easily toggle any of them on or off.
BBMA OA - AI GPT-5This indicator is an AI-assisted implementation of the BBMA OA (Bollinger Bands + Moving Average) trading strategy, originally introduced by Malaysian trader Oma Ally. The code was generated and optimized using the GPT-5 AI model to ensure clean Pine Script v6 structure and compatibility.
The system combines Bollinger Bands (20, 2) with EMA50, EMA200, and MA5/10 High-Low to identify the four main BBMA OA patterns:
Extreme
Market Hilang Volume (MHV)
Candle Arah Kukuh (CSAK)
Re-entry (RRE, REE, REM)
Features:
Multi Time Frame confirmation for higher accuracy
Automatic signal detection with visual markers
Trend ribbon and candle coloring
Optimized Pine Script v6, free from errors/warnings
⚠ This is an adaptation of Oma Ally’s concept for educational purposes, not an official version. Past performance does not guarantee future results.
Monthly High/Low & % Move By Ai Trade LabYou can have idea How much it moved Monthly. Just Change it to Monthly
4H CRT High/Low (5AM–8:59AM CT) - With HistoryAuto draw a High an Low of 4H candle range
start from 5am to 8:59 am Central time .
chung ta su dung cong cu nay , no se tu ve ra, chung ta khong can phai di tim cho mat thoi gian.
- huong dan su dung
1. neu chart di len, thi canh reject va short xuong,
2. neu chart di xuong thi canh reject danh len
uu diem: stop loss ngan, winrate cao. se khong bi revenge trade
Dr. Fib - FGBAB - Open Range Breakout for Indexes v2.0 *** EXCLUSIVELY FOR INDEXES ***
This Open Range Breakout Indicator (ORB) helps your discretionary trading when looking for breakouts on the 15 mins range; and you can use it on small time frames to time your entries with more precision.
This indicator helps your discretionary trading by allowing visual settings that helps discretionary trades to make faster decisions.
It will provide you will the following on-screen information:
- ORB HIGH and LOW: The Open Range Breakout set by the input parameters, for example the first 15 mins RTH Open from 9:30 to 6:45.-
- ORB MID: The ORB mid point for reference, generally the price tends to return and bounce from the 50% ORB.
Reward to Risk posible targets for LONG and SHORT trades: This will provide target value references, it is based on the ORB Risk from high to low, you have 1:1, 2:1, 3:1 and 4:1 possible targets in both directions.
Reference table:
The reference table is a visual setting for you to have at first sight important information before considering getting into the trade:
- ORB HIGH and LOW.
- Risk in points.
- Risk in USD.
- Amount of contracts considering the MaxRisk input parameter you select.
- The current LIVE R:R based on the entry, if price is abobe ORB High it will simulate a LONG position is price is below the ORB Low it will simulate a SHORT position,
- The LIVE profit simulation based on the above.
- MaxRunUP, the highest equity the trade simulation has produced.
Direction: The current trade direction simulation based on the ORB HIGH or ORB LOW.
This new version (2.0) will provide historical ORB's and Target in the chart so you can use for future references and past performance analysis.
Keep in mind this indicator is a "gauge" a visual help for discretionary traders that like to trade Open Range Breakout strategy.
It will reset the ORB at RTH Close and build a new ORB at next RTH calendar day based in the ORB time you have selected by the input parameters.
Please feel free to use in your own trading at your own discretion.
Advanced Market Predictor + News Sentiment + NY Stop-Huntgives you a brief analysis on FRD and 3 days long New York session
D1 Momentum Trigger (with filter D1 + Slope Filter)Multi‐timeframe indicator that identifies trend and entry points with daily confirmation and volatility filters:
Daily Trend Filter
Verifies that 4-, 6-, and 8-period momentum are all above (long) or below (short) their EMA(3) on the D1 chart, ensuring signals align with the higher-timeframe trend.
Entry Signals (Current Timeframe)
Momentum 4/6/8 > (or <) EMA(3) of the 8-period momentum
Price in the lower (long) or upper (short) 20% of the Bollinger Bands (20,2)
Positive (long) or negative (short) 50-EMA slope above a customizable threshold
Visual Overlays
Triangles for long/short entries
Dots to show active daily confirmation
Adjustable Settings
DifferenceThreshold: EMA50 slope sensitivity
BB% thresholds to define acceptable volatility
Ideal for traders seeking a systematic multi-timeframe approach with trend confirmation and volatility control.
GOOD TRADING!
Custom Ichimoku Cloud with Signals📊 OVERVIEW
This indicator generates trading signals based on Ichimoku Cloud breakouts and breakdowns. It identifies when price decisively moves through the cloud boundaries, filtering out false signals from consolidation periods.
📈 KEY FEATURES
- Transition-based signals only when price breaks through cloud
- Candle body must completely clear cloud (no touching)
- Alternating signal system prevents consecutive duplicate signals
- Built-in alerts for automated notifications
- Standard Ichimoku components included
⚙️ HOW IT WORKS
BUY SIGNAL: Triggered when candle body moves completely above cloud after being inside/below
SELL SIGNAL: Triggered when candle body moves completely below cloud after being inside/above
🎯 USE CASES
- Trend continuation trading
- Breakout trading strategies
- Cloud support/resistance analysis
- Multi-timeframe analysis
📝 PARAMETERS
- Adjustable Ichimoku periods (Conversion, Base, Lagging Span B)
- Customizable lookback period for transition detection
- Visual signal markers with alerts
⚠️ DISCLAIMER
This indicator is for educational purposes. Past performance doesn't guarantee future results. Always use proper risk management and combine with other analysis methods.
⚠️ DISCLAIMER & RISK WARNING
This indicator is provided for informational and educational purposes only and should not be considered as financial advice.
TRADING RISKS:
- Trading involves substantial risk of loss and is not suitable for all investors
- Past performance is not indicative of future results
- You can lose more than your initial investment
- Never trade with money you cannot afford to lose
NO GUARANTEES:
- This indicator does not guarantee profits or predict market movements with certainty
- Signals are based on mathematical calculations and may produce false signals
- Market conditions can change, making any strategy ineffective
- Success depends on multiple factors beyond this indicator
USER RESPONSIBILITY:
- You are solely responsible for your trading decisions
- Always conduct your own research and analysis
- Consider consulting with a qualified financial advisor
- Use proper risk management and position sizing
- Test thoroughly on demo accounts before live trading
TECHNICAL LIMITATIONS:
- Indicator may be subject to repainting in real-time conditions
- Historical results do not represent actual trading
- Signals are for analysis only, not automatic trade execution
- Performance varies across different timeframes and instruments
By using this indicator, you acknowledge that you understand these risks and accept full responsibility for your trading outcomes. The author assumes no liability for any losses incurred.
NOT FINANCIAL ADVICE - FOR EDUCATIONAL PURPOSES ONLY
COG-10 + Deviation BandsClassic Center of Gravity, COG
«Center of Gravity»
COG is a weighted moving average, in which new bars have more weight, and old ones have less.
Formula (Pine equivalent):
COG = – Σ (price × (i+1)) / Σ price
• i = 0 – the most recent bar
• i = length-1 – the oldest bar
The minus sign simply flips the curve so that the extremes coincide with the price reversals.
Bars: | 9 | 8| 7 | 6| 5| 4| 3 | 2 | 1 | 0 |
Weight: |1 | 2 | 3 | 4| 5| 6| 7| 8 | 9| 10|
Where COG is used
Reversal zones
– when the price moves far from the COG, it is considered «overbought/oversold»; return to COG – potential reversal.
Dynamic support/resistance
– in a sideways trend, the price often bounces off the COG.
Trend filter
– if COG grows → uptrend, falls → downtrend.
Strategy pairs
• COG + deviation bands (analogous to Bollinger) is given in lines
• COG + RSI – confirmation of divergences
• COG + volume (weighted by volume) is given in yellow lines
Перевод для русской аудитории
Classic Center of Gravity, COG
«Центр тяжести»
COG – это взвешенное скользящее среднее, в котором новые бары имеют больший вес, а старые – меньший.
Формула (Pine-эквивалент):
COG = – Σ (price × (i+1)) / Σ price
• i = 0 – самый свежий бар
• i = length-1 – самый старый бар
Знак «минус» просто переворачивает кривую, чтобы экстремумы совпадали с разворотами цены.
Бары: | 9 | 8| 7 | 6| 5| 4| 3 | 2 | 1 | 0 |
Вес: |1 | 2 | 3 | 4| 5| 6| 7| 8 | 9| 10|
Где применяют COG
Разворотные зоны
– когда цена отходит далеко от COG, считается «перекупленностью/перепроданностью»; возврат к COG – потенциальный разворот.
Динамическая опора/сопротивление
– в боковике цена часто отталкивается от COG.
Фильтр тренда
– если COG растёт → восходящий тренд, падает → нисходящий.
Пары стратегий
• COG + полосы отклонения (аналог Bollinger) приводится в линиях
• COG + RSI – подтверждение дивергенций
• COG + объём (взвешивать по volume) приводится в желтых линиях
🔍 Confirmed Scalping Signals (Stoch+EMA+Supertrend)🔍 Confirmed Scalping Signals (Stoch+EMA+Supertrend)
Standard Deviation BandsStandard Deviation Bands
คำอธิบายอินดิเคเตอร์:
อินดิเคเตอร์ SD Bands (Standard Deviation Bands) เป็นเครื่องมือวิเคราะห์ทางเทคนิคที่ออกแบบมาเพื่อวัดความผันผวนของราคาและระบุโอกาสในการเทรดที่อาจเกิดขึ้น อินดิเคเตอร์นี้จะแสดงผลเป็นเส้นขอบ 2 เส้นบนกราฟราคาโดยตรง โดยอ้างอิงจากค่าเฉลี่ยเคลื่อนที่ (Moving Average) และค่าส่วนเบี่ยงเบนมาตรฐาน (Standard Deviation)
* เส้นบน (Upper Band): แสดงระดับที่ราคาเคลื่อนไหวสูงกว่าค่าเฉลี่ย
* เส้นล่าง (Lower Band): แสดงระดับที่ราคาเคลื่อนไหวต่ำกว่าค่าเฉลี่ย
ความกว้างของช่องระหว่างเส้นทั้งสองบ่งบอกถึงระดับความผันผวนของตลาดในปัจจุบัน
วิธีการใช้งานอย่างละเอียด:
คุณสามารถนำอินดิเคเตอร์ SD Bands ไปประยุกต์ใช้ได้หลายวิธีเพื่อประกอบการตัดสินใจ ดังนี้:
1. การใช้เป็นแนวรับ-แนวต้านแบบไดนามิก (Dynamic Support & Resistance)
* แนวรับ: เมื่อราคาวิ่งลงมาแตะหรือเข้าใกล้เส้นล่าง (เส้นสีน้ำเงิน) เส้นนี้อาจทำหน้าที่เป็นแนวรับชั่วคราวและมีโอกาสที่ราคาจะเด้งกลับขึ้นไปหาเส้นกลาง
* แนวต้าน: เมื่อราคาวิ่งขึ้นไปแตะหรือเข้าใกล้เส้นบน (เส้นสีแดง) เส้นนี้อาจทำหน้าที่เป็นแนวต้านชั่วคราวและมีโอกาสที่ราคาจะย่อตัวลงมา
2. การวัดความผันผวนและสัญญาณ Breakout
* ช่วงตลาดสงบ (Low Volatility): เมื่อเส้น SD ทั้งสองเส้นบีบตัวเข้าหากันเป็นช่องที่แคบมาก (คล้ายกับ Bollinger Squeeze) แสดงว่าตลาดมีความผันผวนต่ำมาก ซึ่งมักจะเป็นสัญญาณว่ากำลังจะเกิดการเคลื่อนไหวครั้งใหญ่ (Breakout)
* ช่วงตลาดเป็นเทรนด์ (High Volatility): เมื่อเส้น SD ขยายตัวกว้างออกอย่างรวดเร็ว พร้อมกับที่ราคาวิ่งอยู่นอกขอบ แสดงว่าตลาดเข้าสู่ช่วงเทรนด์ที่แข็งแกร่งและมีโมเมนตัมสูง
3. สัญญาณการกลับตัว (Reversal Signals)
* เมื่อราคาปิดแท่งเทียน นอกเส้น SD Bands อย่างชัดเจน (โดยเฉพาะหลังจากที่เทรนด์นั้นดำเนินมานาน) อาจเป็นสัญญาณว่าแรงซื้อ/แรงขายเริ่มอ่อนกำลังลง และมีโอกาสที่จะเกิดการกลับตัวของราคาในไม่ช้า
การตั้งค่าอินพุต (Input Parameters):
* ระยะเวลา (Length): กำหนดจำนวนแท่งเทียนที่ใช้ในการคำนวณค่าเฉลี่ยและ SD
* 20: สำหรับการวิเคราะห์ระยะสั้นถึงกลาง
* 50 หรือ 100: สำหรับการวิเคราะห์ระยะยาว
* ตัวคูณ (Multiplier): กำหนดระยะห่างของเส้น SD จากค่าเฉลี่ย
* 1.0 - 2.0: เส้นจะอยู่ใกล้ราคามากขึ้น ทำให้เกิดสัญญาณบ่อยขึ้น
* 2.0 - 3.0: เส้นจะอยู่ห่างจากราคามากขึ้น ทำให้เกิดสัญญาณที่น่าเชื่อถือมากขึ้น แต่จะเกิดไม่บ่อย
ข้อควรระวังและคำเตือน:
* อินดิเคเตอร์นี้เป็นเพียง เครื่องมือวิเคราะห์ เพื่อช่วยในการตัดสินใจ ไม่ใช่สัญญาณการซื้อขายที่ถูกต้อง 100%
* ควรใช้ร่วมกับเครื่องมืออื่นๆ เช่น RSI, MACD, หรือ Volume เพื่อยืนยันสัญญาณ
* การเทรดมีความเสี่ยงสูง ควรบริหารจัดการความเสี่ยงและตั้งจุด Stop Loss ทุกครั้ง
คุณสามารถใช้โครงสร้างนี้ในการเขียนโพสต์บน TradingView ได้เลยนะครับ ขอให้ประสบความสำเร็จกับการโพสต์อินดิเคเตอร์ของคุณครับ!
English
Standard Deviation Bands
Indicator Description:
The SD Bands (Standard Deviation Bands) indicator is a powerful technical analysis tool designed to measure price volatility and identify potential trading opportunities. The indicator displays two dynamic bands directly on the price chart, based on a moving average and a customizable standard deviation multiplier.
* Upper Band: Indicates price levels above the moving average.
* Lower Band: Indicates price levels below the moving average.
The width of the channel between these two bands provides a clear picture of current market volatility.
Detailed User Guide:
You can use SD Bands in several ways to enhance your trading decisions:
1. Dynamic Support and Resistance:
These bands can act as dynamic support and resistance levels.
* Support: When the price moves down and touches or approaches the lower band, it can act as support, offering the possibility of a rebound to the average.
* Resistance: When the price moves up and touches or approaches the upper band, it can act as resistance, offering the possibility of a rebound.
2. Volatility Measurement and Breakout Signals:
* Low Volatility (Squeeze): When the two bands converge and form a narrow channel. Indicates very low market volatility. This condition often occurs before significant price movements or breakouts.
* High Volatility (Expansion): When the bands expand and widen rapidly, it indicates that the market is entering a period of strong trending momentum with high momentum.
3. Reversal Signals:
* When the price closes significantly outside the SD Bands (especially after a long-term trend), it may signal that the current momentum has expired and a reversal may be imminent.
Input Parameters:
The indicator's parameters are fully customizable to suit your trading style:
* Length: Defines the number of bars used to calculate the moving average and standard deviation.
* 20: Suitable for short- to medium-term analysis.
* 50 or 100: Suitable for long-term trend analysis.
* Multiplier: Adjusts the sensitivity of the signal bars.
* 1.0 - 2.0: Creates narrower signal bars, leading to more frequent signals.
* 2.0 - 3.0: Creates wider signal bars, providing fewer but potentially more significant signals.
Important Warning:
* This indicator is an analytical tool only. It does not provide guaranteed buy or sell signals.
* Always use it in conjunction with other indicators (such as RSI, MACD, and Volume) for confirmation.
* Trading involves high risk. Proper risk management, including the use of stop-loss orders, is recommended.
You can use this structure for your posts on TradingView. Good luck with your indicators!
Universal Valuation[public code]Universal valuation indicator for all assets. Consists of 12 different indicators which are z-scored and averaged out.
> Volatility bands via Keltner Channels with a NWMA
> Confluence when price > vol.bands and valuation is high/low. The confluence is marked with red arrows when above the upper third band(green when below the lower on the downside), and 50% transparency when between 2/3 band(green when below the lower 2/3 bands on the downside.)
> Can be used separately of course.
> Can be used as valuation of indicators, when possible. (eg. Global Liquidity index valuation)
Code is a mess a bit, but parts can be extracted and a new strategy/indicator can be made.
*Big probs to the creator of this indicator . Inspired by him. I want to make it possible for people to extrapolate and create their own indicators/strategies. And of course, so I can do the same.
