Daily/Weekly EMAs on Lower TimeframesThis indicator allows traders to view Daily and Weekly EMAs (Exponential Moving Averages) directly on lower timeframes such as 1m, 5m, 15m, or 1h charts — providing a higher timeframe perspective without switching charts.
The script includes individual checkboxes for each EMA length — 5, 8, 9, 21, 50, and 200 — organized into two clear sections:
🟢 Daily EMAs
🔵 Weekly EMAs
You can selectively enable or disable any EMA to match your trading style and reduce chart clutter.
Each EMA is color-coded for clarity and consistency:
5 EMA: Green
8 EMA: Blue
9 EMA: Blue
21 EMA: Orange
50 EMA: Purple
200 EMA: Red
Weekly EMAs appear slightly transparent to distinguish them from daily ones.
This makes it easy to visualize higher timeframe trend direction, confluence zones, and dynamic support/resistance levels while trading intraday.
💡 Key Features
View Daily and Weekly EMAs on smaller timeframes.
Individual checkbox toggles for all 6 EMA lengths.
Separate sections for Daily and Weekly EMAs.
Color-coded lines for easy visual recognition.
Works seamlessly on any symbol or timeframe below Daily.
ממוצע נע אקספוננציאלי (EMA)
Bullmarket Support Band RelationThis Indicator based on the Bullmarket Support Bands indicator and extends it to print the EMA50 value as reference.
Based on the relations of bands to reference, price to reference and band direction this indicator caculates the trending direction of 4 alternative time frames. The timeframes can be changed in the settings of this indicator.
So this indicator can be used to define specific entry scenarios. Of Example when the price breaks the bands or reference line in the overlaying direction.
Lunar Phases EMA Overlay — Moon Cycles & Market RhythmVisualize lunar cycles on your price chart 🌑🌕
See how the Moon’s rhythm aligns with market emotions and trend reversals.
🌓 Lunar Phases EMA Overlay — Лунные циклы и фазы Луны на графике
Описание:
Этот индикатор накладывает лунные циклы на график цены, визуализируя фазы Луны (🌑 Новолуние, 🌓 Первая четверть, 🌕 Полнолуние, 🌗 Последняя четверть) с точностью до одного дня.
Он позволяет увидеть ритм рынка через естественные биоритмы планеты — астрономические лунные фазы, которые нередко совпадают с разворотами трендов, зонами повышенной волатильности и сменой настроения рынка.
⚙️ Основные функции
🌕 Полнолуние, Новолуние и четверти — отмечены метками и иконками.
🌒 Цветные зоны показывают растущую и убывающую фазу Луны.
🌙 Параболические дуги визуализируют энергетический цикл (купол при росте, чаша при снижении).
📈 Привязка к EMA — все волны и дуги «сидят» прямо на цене, вне зависимости от масштаба.
🟣 Боксы фаз — отображают движение цены от полнолуния до новолуния и обратно, включая Δ% и количество баров.
🔔 Алерты — срабатывают при наступлении каждой ключевой фазы (🌑/🌓/🌕/🌗).
🎨 Гибкая настройка — можно регулировать амплитуду, высоту, цвета, длину EMA и отображаемые элементы.
🔍 Зачем это нужно трейдеру
Лунный цикл — это природный ритм энергии и волатильности.
На крипто- и фондовом рынке часто можно наблюдать совпадения:
🌕 Полнолуние → пики рынка, повышенная эмоциональность, развороты вниз.
🌑 Новолуние → фазы накопления и переход к росту.
🌓 / 🌗 → локальные фазы напряжения и коррекций.
Комбинируй индикатор с классическим теханализом (уровни, EMA, RSI, объёмы) — и ты увидишь закономерности, которые раньше ускользали.
🧭 Рекомендации
Оптимальный таймфрейм: 1D.
Для уточнения внутридневных движений можно использовать 4H–8H.
Лучше всего работает на BTC, ETH, золоте, индексах — инструментах с глобальной ликвидностью.
При необходимости можно скорректировать смещение (phaseOffsetD) на ±0.5, чтобы подогнать фазы под локальное время.
🧠 Автор
Saratovtsev Trading
Индикатор создан как инструмент для глубокого анализа цикличности рынка, объединяющий астрономию и технический анализ.
Версия: Lunar Phases v5 — EMA-Anchored Edition.
🌌 "Когда понимаешь ритмы Луны — начинаешь чувствовать ритмы рынка."
t.me
🌕 Lunar Phases EMA Overlay — Visualize the Moon’s Rhythm on the Market
Description:
This indicator overlays lunar phases directly on your price chart, aligning astronomical moon cycles (🌑 New Moon, 🌓 First Quarter, 🌕 Full Moon, 🌗 Last Quarter) with market movements.
It reveals how natural rhythms — the Moon’s waxing and waning — often coincide with trend reversals, volatility peaks, and emotional shifts in the market.
⚙️ Main Features
🌕 Precise moon phases — New Moon, Full Moon, and both quarters shown with icons and labels.
🌒 Colored bands — highlight waxing (bullish) and waning (bearish) lunar periods.
🌙 Parabolic arcs — visualize the energy curve: rising dome for waxing, descending bowl for waning.
📈 EMA anchoring — all visuals automatically adjust to your chart’s price range.
🟣 Phase boxes — display price movement and % change between lunar cycles.
🔔 Alerts — get notified when each phase begins (🌑/🌓/🌕/🌗).
🎨 Customizable — adjust amplitude, color themes, EMA length, and visibility of elements.
🔍 Why It Matters
Lunar cycles mirror collective market sentiment.
Statistically, many assets — especially Bitcoin, gold, and major indices — show repeating patterns around lunar transitions:
🌕 Full Moon → peaks, emotional highs, and local reversals.
🌑 New Moon → accumulation, calmer sentiment, and potential trend shifts.
🌓 / 🌗 → tension zones before correction or breakout.
Use it alongside your regular technical indicators (EMA, RSI, volume) to observe hidden rhythm and cyclical timing.
🧭 Recommended Settings
Best timeframe: 1D (daily).
Works also on 4H–8H for shorter-term cycle views.
Adjust phaseOffsetD by ±0.5 if your timezone causes visible shift in lunar markers.
Suitable for all assets with consistent trading flow (crypto, commodities, indices).
How to use:
Apply on Daily timeframe for best accuracy.
Use with RSI or EMA for trend confirmation.
Look for reactions around 🌕 and 🌑 — these often align with local tops and bottoms.
🧠 Author
Saratovtsev Trading
A unique blend of astronomy and technical analysis, designed for traders who seek deeper understanding of rhythm, time, and trend.
Version: Lunar Phases v5 — EMA-Anchored Edition.
🌌 "When you understand the Moon’s rhythm — you start to feel the market’s heartbeat."
#lunarcycles #moonphases #astrotrading #btc #emaoverlay #marketcycles #technicalanalysis #cryptomarket #tradingpsychology #saratovtsevtrading
Multi EMA + Indicators + Mini-Dashboard + Reversals v6🧠 Indicator Description
Name: Multi EMA + Indicators + Mini-Dashboard + Reversals v6
Type: Multi-strategy confirmation & reversal indicator
Platform: TradingView (Pine Script v6)
Purpose: To combine multiple technical indicators and trend confirmations into one unified visual tool — allowing traders to identify trend-following entries, reversal opportunities, and signal strength through an integrated mini-dashboard.
⚙️ Main Features
🔹 1. Multiple EMAs
Plots four Exponential Moving Averages (EMAs) (9, 21, 50, 100 by default).
EMA 3 and EMA 4 dynamically change color depending on trend direction (up or down).
EMA crossovers and price position relative to EMAs help identify bullish or bearish trends.
🔹 2. Technical Confirmations
The indicator includes several well-known oscillators and filters:
RSI (Relative Strength Index) → momentum and midline (50) confirmation.
MACD → trend and momentum alignment via MACD–Signal crossover.
Stochastic Oscillator → overbought/oversold short-term momentum filter.
ATR Filter → ensures candles have sufficient volatility before allowing a trade signal.
CCI (Commodity Channel Index) → adds a secondary trend confirmation layer.
All of these can be individually enabled or disabled in the Filters settings.
🔹 3. Reversal Detection System
Includes several independent criteria to catch potential market reversals:
Candle Patterns – detects Bullish Hammer and Bearish Shooting Star.
Large Candle Filter – detects unusually large candles (configurable %).
Price-EMA Distance Filter – ensures price is not too extended from EMAs.
RSI Divergence – checks for bullish/bearish RSI divergence.
RSI Overbought/Oversold – triggers signals at extreme RSI levels.
Doji Detection – identifies indecision candles that may precede reversals.
Each reversal condition can also be turned on or off independently for fine-tuning.
🔹 4. Buy & Sell Logic
Two types of signals can appear:
Buy/Sell Signal (Trend-based):
Triggered when price is aligned above or below EMAs and all selected filters confirm the direction.
Reversal Signal (Countertrend):
Triggered when one or more reversal criteria are met (e.g., bullish hammer, RSI divergence, or overbought/oversold zones).
🔹 5. Visual Alerts
You’ll see:
Green Up Triangles below candles for Buy signals.
Red Down Triangles above candles for Sell signals.
Up Triangles for Reversal Buys.
Down Triangles for Reversal Sells.
These also trigger TradingView alerts, so you can set up:
“Buy Alert triggered”
“Sell Alert triggered”
“Reversal Buy triggered”
“Reversal Sell triggered”
🔹 6. Mini-Dashboard (Optional)
Displays a summary panel on the chart that helps visualize:
Current trade bias: LONG, SHORT, or NEUTRAL.
EMA3/EMA4 trend direction (↑ or ↓).
Each filter’s confirmation (🟩 = positive, 🟥 = negative, ⬜ = inactive).
Reversal filters’ status (Doji, RSI divergence, large candle, etc.).
The dashboard color changes based on signal strength:
Green background → bullish bias
Red background → bearish bias
Gray background → neutral/no clear signal
📈 How to Use It
Add the script to your chart
Copy and paste the Pine Script code into TradingView’s Pine Editor and click “Add to chart”.
Choose your timeframe
Works well on 15m, 1H, 4H, or Daily charts.
Adjust EMA lengths depending on the market volatility.
Enable/Disable Filters
Open the Settings panel.
Under “Filters”, choose which indicators to include in the confirmation logic (RSI, MACD, Stoch, etc.).
Reversal Mode (Optional)
In “Reversal” settings, turn on features like RSI Divergence or Candle Patterns to detect exhaustion points.
Interpret the Signals
Buy Signal: All selected filters confirm bullish alignment.
Sell Signal: All filters confirm bearish alignment.
Reversal Signals: Appear when short-term exhaustion or divergence occurs.
Dashboard: Use the mini-dashboard to see which conditions are contributing to the signal.
Set Alerts (Recommended)
Right-click the chart → Add Alert → Choose this indicator → Select a condition (Buy/Sell/Reversal).
Useful for receiving push/email alerts automatically.
💡 Trading Tips
I am still improving the reversals , i have to improve how and when it works...
Combine this indicator with price action or support/resistance analysis for confirmation.
Best used as a signal confirmation tool, not a standalone trading system.
Avoid using all filters at once — start simple (e.g., EMA + RSI + MACD), then add others for precision.
For reversals, focus on confluences (e.g., RSI divergence + Doji + strong support zone).
Moving Average Ribbon AZlyMoving Average Ribbon AZly
The Moving Average Ribbon AZly is a flexible trend-following indicator that visualizes market direction, strength, and transition phases using multiple customizable moving averages. It helps traders instantly identify when short-, medium-, and long-term trends align or diverge.
🔧 How it works
Up to six moving averages can be plotted, each with its own:
Type (SMA, EMA, SMMA, WMA, VWMA, or HMA)
Length, color, and width
Custom source input
The script also adds adaptive color fills between key pairs:
MA1–MA2: short-term momentum
MA4–MA5: mid-term bias
MA5–MA6: long-term trend
Bullish alignment paints green or blue ribbons, while bearish alignment turns them red or pink. The wider the ribbon, the stronger the trend separation.
💡 Why it’s better
Unlike typical ribbon indicators, this version offers full per-line customization, adaptive color fills, and a clean, high-contrast design that makes trend shifts instantly recognizable . It’s optimized for clarity, flexibility, and smooth performance on any market or timeframe.
🎯 Trading ideas
Trend confirmation: Trade only in the direction of the ribbon (green for long, red for short).
Early reversals: Watch for the fastest MAs (MA1–MA2) crossing the mid-term pair (MA4–MA5) as early signals of a trend shift.
Momentum compression: When the ribbon narrows or colors alternate rapidly, it signals consolidation or potential breakout zones.
Pullback entries: Enter trades when price bounces off the outer ribbon layer in the direction of the dominant trend.
Multi-timeframe use: Combine with a higher timeframe ribbon to confirm overall market bias.
📊 Recommended use
Works on all markets and timeframes. Ideal for trend-following, swing trading, and visual confirmation of price structure.
EMA Trend Buy sell strategyThis strategy is built to help investors get into a trend safely and smartly — without rushing and without getting in and out too often.
When to Buy:
First Signal – Small Step In (50% Buy)
When the short-term trend (EMA 18) turns positive and goes above the medium trend (EMA 33),
👉 we buy half of our planned position.
This is an early warning that a new upward trend might be starting.
Second Signal – Full Confidence (Buy other 50%)
If the medium-term trend (EMA 33) also crosses above the long-term (EMA 50),
👉 we buy the other half of the position.
Now we’re more confident that the trend is real.
When to Sell:
First Warning – Reduce Position (Sell 50%)
If EMA 33 falls below EMA 50,
👉 we sell half of the position to reduce risk.
Trend Reversal – Exit Completely (Sell the rest)
If EMA 18 also falls below EMA 33,
👉 we sell the remaining half and leave the trade fully.
Why This Strategy?
📉 We don’t jump in all at once.
→ We wait for confirmation before going full in.
⏳ We stay in the trade as long as the trend is healthy.
→ No overtrading or reacting to small moves.
📊 We get out slowly, not suddenly.
→ This helps protect profits and avoid emotional decisions.
Elite Entries Custom Pullback Signals PremiumElite Entries Custom Pullback Signals Premium
Turn simple MA crosses into qualified pullbacks—with risk and retest logic baked in.
What it is
A pro toolkit for trend trading and re-entries. It fuses fast/slow moving averages (SMA/EMA/HMA/WMA/HEMA/T3), MTF control per MA, volume gating, and an ATR trailing-stop engine that can gate new entries until the prior trade is closed. Visual boxes mark crossover zones, triangles tag retests aligned with your stop, and a compact HUD shows your active preset and risk settings.
Why traders love it
Smart pullback engine: crossover zones + retest signals at your live ATR stop
True MTF control: set separate timeframes for fast/slow MAs
External indicator routing: optionally feed Fast/Slow from any other plotted source
Risk first: ATR TSL (wick or close), optional “Gate while active” to block new signals mid-trade
Clean read: gradient trend fill, adaptive bar colors, compact preset HUD
Instant workflow: full alert suite for entries, retests, and stop hits
What’s inside
Presets: NQ Open Drive, NQ Trend Rider, Mean-Rev Scalps, Crypto Breakout, ES Smooth Trend, Retest Sniper, 1-Min Swing, Chop-Guard Re-Entry.
Each preset auto-loads MA types/lengths, HTFs, ATR stop, volume gates, and gating behavior.
MA Options: SMA / EMA / HMA / WMA / HEMA / T3 (with v-factor).
MTF: Select a custom timeframe for Fast and Slow independently.
External Inputs: Replace Fast/Slow with external indicator sources (great for using your HTF baseline, custom VWAP, etc.).
Volume Filter: Require volume Above/Below SMA(length).
ATR Trailing Stop: Length & multiplier, Wicks vs Close trigger, show line/labels, and Gate While Active to prevent over-trading.
Visuals:
Boxes print at crossover origin (context for the pullback zone)
Retest triangles when price re-engages near the live TSL
Stop-hit markers, gradient trend fill, bar coloring
HUD table: preset, MA specs, ATR, wicks, gate, volume status
Alerts: Bullish/Bearish crossover, Bullish/Bearish retest @ stop, Long/Short stop hit.
How to use (quick start)
Pick a Preset (start with NQ Open Drive or ES Smooth Trend).
(Optional) Route Fast/Slow from your favorite external indicator plots.
Choose MTF for each MA if you want HTF guidance.
Decide on Volume filter and set ATR TSL (Wicks vs Close).
Keep Gate While Active ON to stop double-stacking signals mid-trade.
Turn on alerts and trade the retests back into the trend.
Best-use ideas
Open drive trend: EMA(9) vs T3(34@5m), gate while active, wicks off → fast trend entries + clean stop management.
Retest sniper: HEMA(13) vs EMA(34@3m), volume Above(20), gate ON → wait for retest triangle aligned with TSL.
Mean-rev scalps: HMA(8) vs EMA(20), gate OFF, close-trigger → nimble entries without staying locked.
Works on
Any symbol, any timeframe (futures, indices, crypto, FX, stocks). Pairs especially well with Heikin Ashi for visual clarity.
Disclaimer
For education only; not financial advice. Practice and forward-test before going live.
WHANG EMA-MACD🔥 Smart EMA14 x EMA70 + MACD Trend Alert System
Description:
Tired of chasing false signals?
This simple but powerful indicator helps you catch real trend moves — not the noise.
When EMA14 crosses EMA70 with MACD confirmation, and both EMAs point the same way, you’ll get a clean Buy or Sell alert right on your chart.
No messy settings, no guessing — just clear signals in strong trends.
✨ Features:
🔔 Real-time alerts via “Any alert() function call”
🟢 Buy when EMA14 crosses above EMA70 + MACD > 0
🔴 Sell when EMA14 crosses below EMA70 + MACD < 0
📈 Trades only when both EMAs slope in the same direction
⚙️ Customizable inputs for any market or timeframe
How to use:
Add the indicator to your chart
Create an alert → choose Any alert() function call
Relax and wait for your signals — no need to watch every candle!
Perfect for traders who want to follow the trend, avoid sideways traps, and get early alerts when momentum kicks in 🚀
Elipli5648This indicator displays two moving averages on the same chart — the 9-period and 200-period simple moving averages (SMA).
Both lines are customizable in color and line width directly from the settings menu.
Useful for identifying short-term vs long-term trend direction.
elipli5648 , MA 9 & 200 (Combined) — clean versionThis indicator displays two moving averages on the same chart — the 9-period and 200-period simple moving averages (SMA).
Both lines are customizable in color and line width directly from the settings menu.
Useful for identifying short-term vs long-term trend direction.
RED RICHI EMA 34&55This indicator displays two exponential moving averages (EMA 34 & EMA 55) to identify mid-term trend direction.
It also marks crossover points with green and red circles for bullish and bearish trend shifts.
FirstStrike Long 200 - Daily Trend Rider [KedArc Quant]Strategy Description
FirstStrike Long 200 is a disciplined, long-only momentum strategy designed for daily "strike-first" entries in trending markets. It scans for RSI momentum above a customizable trigger (default 50), confirmed by EMA trend filters, and limits you to *exactly one trade per day* to avoid overtrading. It uses ATR for dynamic risk management (1.5x stop, 2:1 RR target) and optional trailing stops to ride winners. Backtested with realistic commissions and sizing, it prioritizes low drawdowns (<1% max in tests) over aggressive gains—ideal for swing traders seeking quality setups in bull runs.
Why It's Different from Other Strategies
Unlike generic RSI crossover bots or EMA ribbon mashups that spam signals and bleed in chop, FirstStrike enforces a "one-and-done" daily gate, blending precision momentum (RSI modes with grace/sustain) with robust filters (volume, sessions, rearm dips).
How It Helps Traders
- Reduces Emotional Trading: One entry/day forces discipline—miss a setup? Wait for tomorrow. Perfect for busy pros avoiding screen fatigue.
- Adapts to Regimes: Switch modes for trends ("Cross+Grace") vs. ranges ("Any bar")—boosts win rates 5-10% in backtests on high-beta names like .
- Risk-First Design: ATR scales stops to vol capping DD at 0.2% while targeting 2R winners. Trailing option locks +3-5% runs without early exits.
- Quick Insights: Labels/alerts flag entries with RSI values; bgcolor highlights signals for visual scanning. Helps spot "first-strike" edges in uptrends, filtering ~60% noise.
Why This Is Not a Mashup
This isn't a Frankenstein of off-the-shelf indicators—while it uses standard RSI/EMA/ATR (core Pine primitives), the innovation lies in:
- Custom Trigger Engine: Switchable modes (e.g., "Cross+Grace+Sustain" requires post-cross hold) prevent perpetual signals, unlike basic `ta.crossover()`.
- Daily Rearm Gate: Resets eligibility only after a dip (if enabled), tying momentum to mean-reversion—original logic not found in common scripts.
- Per-Day Isolation: `var` vars + `ta.change(time("D"))` ensure zero pyramiding/overlaps, beyond simple session filters.
All formulae are derived in-house for "first-strike" (early RSI pops in trends), not copied from public repos.
Input Configurations
Let's break down every input in the FirstStrike Long 200 strategy. These settings let you tweak the strategy like a dashboard—start with defaults for quick testing,
then adjust based on your asset or timeframe (5m for intraday). They're grouped logically to keep things organized, and most have tooltips in the script for quick reminders.
RSI / Trigger Group: The Heart of Momentum Detection
This is where the magic starts—the strategy hunts for "upward energy" using RSI (Relative Strength Index), a tool that measures if a stock is overbought (too hot) or oversold (too cold) on a 0-100 scale.
- RSI Length: How many bars (candles) back to calculate RSI. Default is 14, like a 14-day window for daily charts. Shorter (e.g., 9) makes it snappier for fast markets; longer (21) smooths out noise but misses quick turns.
- Trigger Level (RSI >= this): The key RSI value where the strategy says, "Go time!" Default 50 means enter when RSI crosses or holds above the neutral midline. Why is this trigger required? It acts as your "green light" filter—without it, you'd enter on every tiny price wiggle, leading to endless losers. RSI above this shows building buyer power, avoiding weak or sideways moves. It's essential for quality over quantity, especially in one-trade-per-day setups.
- Trigger Mode: Picks how strict the RSI signal must be. Options: "Cross only" (exact RSI crossover above trigger—super precise, fewer trades); "Cross+Grace" (crossover or within a grace window after—gives a second chance); "Cross+Grace+Sustain" (crossover/grace plus RSI holding steady for bars—best for steady climbs); "Any bar >= trigger" (looser, any bar above—more opportunities but riskier in chop). Start with "Any bar" for trends, switch to "Cross only" for caution.
- Grace Window (bars after cross): If mode allows, how many bars post-RSI-cross you can still enter if RSI dips but recovers. Default 30 (about 2.5 hours on 5m). Zero means no wiggle room—pure precision.
- Sustain Bars (RSI >= trigger): In sustain mode, how many straight bars RSI must stay above trigger. Default 3 ensures it's not a fluke spike.
- Require RSI Dip Below Rearm Before Any Entry?: A yes/no toggle. If on, the strategy "rearms" only after RSI dips below a low level (like a breather), preventing back-to-back signals in overextended rallies.
- Rearm Level (if requireDip=true): The dip threshold for rearming. Default 45—RSI must go below this to reset eligibility. Lower (30) for deeper pullbacks in volatile stocks.
For the trigger level itself, presets matter a lot—default 50 is neutral and versatile for broad trends. Bump to 55-60 for "strong momentum only" (fewer but higher-win trades, great in bull runs like tech surges); drop to 40-45 for "early bird" catches in recoveries (more signals but watch for fakes in ranges). The optimize hint (40-60) lets you test these in TradingView to match your risk—higher presets cut noise by 20-30% in backtests.
Trend / Filters Group: Keeping You on the Right Side of the Market
These EMAs (Exponential Moving Averages) act like guardrails, ensuring you only long in uptrends.
- EMA (Fast) Confirmation: Short-term EMA for price action. Default 20 periods—price must be above this for "recent strength." Shorter (10) reacts faster to intraday pops.
- EMA (Trend Filter): Long-term EMA for big-picture trend. Default 200 (classic "above the 200-day" rule)—price above it confirms bull market. Minimum 50 to avoid over-smoothing.
Optional Hour Window Group: Timing Your Strikes
Avoid bad hours like lunch lulls or after-hours tricks.
- Restrict by Session?: Yes/no for using exact market hours. Default off.
- Session (e.g., 0930-1600 for NYSE): Time string like "0930-1600" for open to close. Auto-skips pre/post-market noise.
- Restrict by Hour Range?: Fallback yes/no for simple hours. Default off.
- Start Hour / End Hour: Clock times (0-23). Defaults 9-15 ET—focus on peak volume.
Volume Filter Group: No Volume, No Party
Confirms conviction—big moves need big participation.
- Require Volume > SMA?: Yes/no toggle. Default off—only fires on above-average volume.
- Volume SMA Length: Periods for the average. Default 20—compares current bar to recent norm.
Risk / Exits Group: Protecting and Profiting Smartly
Dynamic stops based on volatility (ATR = Average True Range) keep things realistic.
- ATR Length: Bars for ATR calc. Default 14—measures recent "wiggle room" in price.
- ATR Stop Multiplier: How far below entry for stop-loss. Default 1.5x ATR—gives breathing space without huge risk
- Take-Profit R Multiple: Reward target as multiple of risk. Default 2.0 (2:1 ratio)—aims for twice your stop distance.
- Use Trailing Stop?: Yes/no for profit-locking trail. Default off—activates after entry.
- Trailing ATR Multiplier: Trail distance. Default 2.0x ATR—looser than initial stop to let winners run.
These inputs make the strategy plug-and-play: Defaults work out-of-box for trending stocks, but tweak RSI trigger/modes first for your style.
Always backtest changes—small shifts can flip a 40% win rate to 50%+!
Outputs (Visuals & Alerts):
- Plots: Blue EMA200 (trend line), Orange EMA20 (price filter), Green dashed entry price.
- Labels: Green "LONG" arrow with RSI value on entries.
- Background: Light green highlight on signal bars.
- Alerts: "FirstStrike Long Entry" fires on conditions (integrates with TradingView notifications).
Entry-Exit Logic
Entry (Long Only, One Per Day):
1. Daily Reset: New day clears trade gate and (if required) rearm status.
2. Filters Pass: Time/session OK + Close > EMA200 (trend) + Close > EMA20 (price) + Volume > SMA (if enabled) + Rearmed (dip below rearm if toggled).
3. Trigger Fires: RSI >= trigger via selected mode (e.g., crossover + grace window).
4. Execute: Enter long at close; set daily flag to block repeats.
Exit:
- Stop-Loss: Entry - (ATR * 1.5) – dynamic, vol-scaled.
- Take-Profit: Entry + (Risk * 2.0) – fixed RR.
- Trailing (Optional): Activates post-entry; trails at Close - (ATR * 2.0), updating on each bar for trend extension.
No shorts or hedging—pure long bias.
Formulae Used
- RSI: `ta.rsi(close, rsiLen)` – Standard 14-period momentum oscillator (0-100).
- EMAs: `ta.ema(close, len)` – Exponential moving averages for trend/price filters.
- ATR: `ta.atr(atrLen)` – True range average for stop sizing: Stop = Entry - (ATR * mult).
- Volume SMA: `ta.sma(volume, volLen)` – Simple average for relative strength filter.
- Grace Window: `bar_index - lastCrossBarIndex <= graceBars` – Counts bars since RSI crossover.
- Sustain: `ta.barssince(rsi < trigger) >= sustainBars` – Consecutive bars above threshold.
- Session Check: `time(timeframe.period, sessionStr) != 0` – TradingView's built-in session validator.
- Risk Distance: `riskPS = entry - stop; TP = entry + (riskPS * RR)` – Asymmetric reward calc.
FAQ
Q: Why only one trade/day?
A: Prevents revenge trading in volatile sessions . Backtests show it cuts losers by 20-30% vs. multi-entry bots.
Q: Does it work on all assets/timeframes?
A: Best for trending stocks/indices on 5m-1H. Test on crypto/forex with wider ATR mult (2.0+).
Q: How to optimize?
A: Use TradingView's optimizer on RSI trigger (40-60) and EMA fast (10-30). Aim for PF >1.0 over 1Y data.
Q: Alerts don't fire—why?
A: Ensure `alertcondition` is enabled in script settings. Test with "Any alert() function calls only."
Q: Trailing stop too loose?
A: Tune `trailMult` to 1.5 for tighter; it activates alongside fixed TP/SL for hybrid protection.
Glossary
- Grace Window: Post-RSI-cross period (bars) where entry still allowed if RSI holds trigger.
- Rearm Dip: Optional pullback below a low RSI level (e.g., 45) to "reset" eligibility after signals.
- Profit Factor (PF): Gross profit / gross loss—>1.0 means winners outweigh losers.
- R Multiple: Risk units (e.g., 2R = 2x stop distance as target).
- Sustain Bars: Consecutive bars RSI stays >= trigger for mode confirmation.
Recommendations
- Backtest First: Run on your symbols (/) over 6-12M; tweak RSI to 55 for +5% win rate.
- Live Use: Start paper trading with `useSession=true` and `useVol=true` to filter noise.
- Pairs Well With: Higher TF (daily) for bias; add ADX (>25) filter for strong trends (code snippet in prior chats).
- Risk Note: 10% sizing suits $100k+ accounts; scale down for smaller. Not financial advice—past performance ≠ future.
- Publish Tip: Add tags like "momentum," "RSI," "long-only" on TradingView for visibility.
Strategy Properties & Backtesting Setup
FirstStrike Long 200 is configured with conservative, realistic backtesting parameters to ensure reliable performance simulations. These settings prioritize capital preservation and transparency, making it suitable for both novice and experienced traders testing on stocks.
Initial Capital
$100,000 Standard starting equity for portfolio-level testing; scales well for retail accounts. Adjust lower (e.g., $10k) for smaller simulations.
Base Currency
Default (USD) Aligns with most US equities (e.g., NASDAQ symbols); auto-converts for other assets.
Order Size
1 (Quantity) Fixed share contracts for simplicity—e.g., buys 1 share per trade. For % of equity, switch to "Percent of Equity" in strategy code.
Pyramiding
0 Orders No additional entries on open positions; enforces strict one-trade-per-day discipline to avoid overexposure.
Commission
0.1% Realistic broker fee (e.g., Interactive Brokers tier); factors in round-trip costs without over-penalizing winners.
Verify Price for Limit Orders
0 Ticks No slippage delay on TPs—assumes ideal fills for historical accuracy.
Slippage
0 Ticks Zero assumed slippage for clean backtests; real-world trading may add 1-2 ticks on volatile opens.
These defaults yield low drawdowns (<0.3% max in tests) while capturing trend edges. For live trading, enable slippage (1-3 ticks) to mimic execution gaps. Always forward-test before deploying!
⚠️ Disclaimer
This script is provided for educational purposes only.
Past performance does not guarantee future results.
Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
BTC 5-MA Multi Cross Strategy By Hardik Prajapati Ai TradelabThis strategy is built around the five most powerful and commonly used moving averages in crypto trading — 5, 20, 50, 100, and 200-period SMAs (Simple Moving Averages) — applied on a 1-hour Bitcoin chart.
Core Idea:
The strategy aims to identify strong bullish trends by confirming when the price action crosses above all key moving averages. This alignment of multiple MAs indicates momentum shift and helps filter out false breakouts.
⸻
⚙️ How It Works:
1. Calculates 5 Moving Averages:
• 5 MA → Short-term momentum (fastest signal)
• 20 MA → Near-term trend confirmation
• 50 MA → Mid-term trend filter
• 100 MA → Long-term trend foundation
• 200 MA → Macro-trend direction (strongest support/resistance)
2. Buy Condition (Entry):
• A Buy is triggered when:
• The price crosses above the 5 MA, and
• The closing price remains above all other MAs (20, 50, 100, 200)
This signals that momentum is aligned across all time horizons — a strong uptrend confirmation.
3. Sell Condition (Exit):
• The position is closed when price crosses below the 20 MA, showing weakness in short-term momentum.
4. Visual Signals:
• 🟢 BUY triangle below candles → Entry signal
• 🔴 SELL triangle above candles → Exit signal
• Colored MAs plotted for trend clarity.
⸻
📈 Recommended Usage:
• Chart: BTC/USDT
• Timeframe: 1 Hour
• Type: Trend-following crossover strategy
• Ideal for: Identifying major breakout moves and confirming trend reversals.
⸻
⚠️ Notes:
• This script is meant for educational and backtesting purposes only.
• Always apply additional confirmation tools (like RSI, Volume, or VIX-style filters) before live trading.
• Works best during trending markets; may produce whipsaws in sideways zones.
Reversal Wick with Volume, S/R, LogReg Channel & EMAsThis uses a Log Regression channel and tries to identify potential reversals based on price action
BUY, SELL, RESUME, & CAUTION signal (EMA 9 & 20 + MACD) ON CHART BUY, SELL, CAUTION signal (with RESUME)
What it does
A clean, on-chart signal set that works on whatever timeframe your chart is on. It prints labeled circles above the bar and draws a thin connector line with a tiny arrow that points to the bar. All shapes are kept above both EMAs and never touch wicks—spacing is ATR-based and fully adjustable.
Signals
• BUY – when EMA(9) crosses above EMA(20).
• SELL – when EMA(9) crosses below EMA(20).
• CAUTION – MACD momentum crosses against the current EMA trend
◦ Bull trend (EMA9 > EMA20) + MACD cross down → CAUTION
◦ Bear trend (EMA9 < EMA20) + MACD cross up → CAUTION
• RESUME – after a CAUTION, MACD crosses back with the EMA trend. The circle is labeled “RESUME” (green for bull, red for bear).
Why traders use it
• Trade with the current: BUY/SELL reflect short-vs-long EMA control on your active timeframe.
• Early risk heads-up: CAUTION flags a momentum flip against trend.
• Re-engage cleanly: RESUME helps rejoin the move after a wobble.
• Uncluttered visuals: Circles/lines/arrows are spaced off price and kept above EMAs for clarity.
Inputs
Core
• EMA Fast / EMA Slow (default 9 / 20)
• MACD Fast / Slow / Signal (default 12 / 26 / 9)
• Show circles with text, Plot EMAs
• Wait for candle close (prevents intrabar flicker; signals/alerts confirm at close)
Spacing (ATR-based)
• Gap above wick
• Base connector length
• Extra circle lift
• Line top gap under circle (so the line doesn’t touch the circle)
• Pad above higher EMA
• Extra arrow clearance above EMAs
Alerts
• BUY Crossover, SELL Crossover, MACD CAUTION, BUY Resume, SELL Resume.
• Respect the Wait for candle close setting. For close-only alerts, also choose “Once per bar close” in the alert dialog.
Suggested use
• Let BUY/SELL define bias on your chart timeframe.
• Treat CAUTION as a brake—tighten risk or wait.
• Use RESUME to re-enter when momentum realigns with trend.
• Combine with higher-TF context and your own entry/exit rules.
Notes
• Works on futures, stocks, FX, and crypto.
• Signals are calculated on the current chart timeframe (no security calls).
• With Wait for candle close ON, signals/alerts confirm at close and do not repaint.
• Educational tool only—this is not financial advice.
• When price action is sideways and choppy, this indicator doesn't function well, when this happens, wait until a trend is established and then try to get in when price touches the 9 EMA line for a higher profitability trade
Multiple EMA/SMA v6This indicator plots up to eight Exponential Moving Averages (EMAs) and six Simple Moving Averages (SMAs) on the same chart.
Each moving average can be individually customized or disabled by setting its length to 0.
It’s designed for traders who want to visually compare multiple EMAs and SMAs with consistent styling and color-coding.
Key features:
Displays up to 14 customizable EMAs/SMAs.
Adjustable line width and source (e.g., close, open, hlc3).
Simple and performance-optimized structure.
Clean color scheme for quick trend identification.
Usage:
Set any moving average length to 0 to hide it, or adjust lengths and colors to match your strategy.
Ideal for identifying short-, mid-, and long-term trend alignments.
MTF Traffic Lights (EMA 9 & 20 + MACD) — realtimeMTF Traffic Lights (4H / 1H / 15m / 5m / 3m / 1m)
What it does
This indicator paints a compact “traffic-light” panel in the top-right of your chart showing the trend state on six timeframes: 4H, 1H, 15m, 5m, 3m, 1m.
For each timeframe it evaluates:
EMA Trend: EMA(9) vs EMA(20)
(Optional) Momentum Check: MACD histogram (≥0 or ≤0)
Color logic
Green = EMA(9) > EMA(20) (and MACD hist ≥ 0 if enabled)
Red = EMA(9) < EMA(20) (and MACD hist ≤ 0 if enabled)
Yellow = Mixed / disagreement between EMA and MACD (or EMAs roughly equal)
Realtime behavior
The 1-minute row uses live chart calculations so it can flip intra-bar as price evolves.
Higher timeframes (3m/5m/15m/1H/4H) are computed on confirmed closes (no lookahead), so they update only when their candle closes—preventing repaint on those rows.
Why it’s useful
Top-down alignment at a glance: Quickly see if your entry timeframe (1m/3m) is flowing with the “big current” (15m/1H/4H).
Noise filter: Avoid counter-trend traps by waiting for green-on-green (or red-on-red) alignment before pulling the trigger.
Momentum confirmation: Enabling the MACD check requires trend and momentum to agree (fewer but higher-quality signals).
Trade management: Use shifts to yellow as an early heads-up that momentum is diverging from the EMA trend—tighten stops, scale down, or wait for re-alignment.
How it works (under the hood)
EMAs: Fast = 9, Slow = 20 (fully adjustable).
MACD: (12, 26, 9) by default; we use the histogram to judge momentum sign.
Security calls: All higher-TF rows use request.security(..., lookahead_off) to avoid repainting; the 1m row uses the live chart stream for responsiveness.
Suggested ways to use it
Entry filter: Only take 1m setups when minimum 3 timeframes align ( example 1m + 3m +15min are green; mirror for shorts in red.)
Regime detection: Treat 4H/1H as the regime "bigger current"; if they’re both red, favor short setups even if lower TFs flicker green.
Momentum mode: Turn Use MACD ON for stricter confirmation; OFF for a pure EMA view that’s more responsive.
Inputs
EMA Fast / Slow (default 9 / 20)
Use MACD for color (on/off)
MACD Fast / Slow / Signal (default 12 / 26 / 9)
Notes & best practices
No alerts included: This is a visual dashboard. Pair it with your entry/exit indicator or strategy for alerts and execution.
Repainting: HTF rows do not repaint (confirmed closes). The 1m row updates intra-bar by design; if you prefer it to wait for close, switch it to a confirmed calculation in code.
Markets: Works on futures, stocks, FX, and crypto—any symbol supported by TradingView.
Bottom line: MTF Traffic Lights gives you a fast, reliable read on trend + momentum alignment across key timeframes so you can trade with the flow, reduce noise, and time entries with greater confidence.
12/21 x 50-100-200 MA - [RZ]👁️ - 12/21 x 50-100-200 MA
A comprehensive moving average overlay indicator designed to identify trend direction and key support/resistance levels using a dual fast/slow MA crossover system combined with three major moving averages.
⛓️ - FEATURES
Dual MA Crossover System: Configurable short (default 12) and long (default 21) period moving averages that change color based on trend direction
Triple Major MAs: 50, 100, and 200 period moving averages displayed in blue, yellow, and red respectively for identifying key market structure levels
Multiple MA Types: Choose from SMA, EMA, DEMA, TEMA, LSMA, WMA, or HMA for all calculations
Customizable Source: Apply the indicator to any price source (close, open, high, low)
Optional Bar Coloring: Visualize trend direction directly on price bars
Built-in Alerts: Automated alerts for trend reversals (Trend Up/Trend Down)
🎮 - HOW TO USE
Bullish Signal: When the short MA crosses above the long MA, both MAs turn green
Bearish Signal: When the short MA crosses below the long MA, both MAs turn red
The 50/100/200 MAs serve as dynamic support/resistance levels and help confirm overall market trend
Use bar coloring for quick visual identification of current trend state
🧰 - OPTIONS
Adjustable lengths for all moving averages
Color customization for bullish/bearish trends
Toggle bar coloring on/off
Select preferred MA calculation method
⚠️ - DISCLAIMER
This indicator is provided for educational and informational purposes only and should not be considered financial advice.
Trading and investing in financial markets involves substantial risk of loss and is not suitable for every investor.
Past performance is not indicative of future results.
The signals and information generated by this indicator do not guarantee profits and may result in losses.
Users should conduct their own research and due diligence, and consult with a qualified financial advisor before making any investment decisions.
The creator of this indicator assumes no responsibility for any financial losses incurred through the use of this tool.
By using this indicator, you acknowledge that you are solely responsible for your trading decisions and their outcomes.
👑 - CREDITS
@profmichaelg for Michael's EMA indicator
Smooth Cloud + ZigZag VPOC📝 Indicator Description
The Smooth Cloud + ZigZag VPOC Indicator is a custom tool that combines three well-known concepts into one study:
Smooth Cloud Trend Filter – built from two smoothed EMAs, this visual “cloud” highlights the prevailing trend direction.
When the fast line is above the slow line, the background cloud shades teal (bullish bias).
When the fast line is below the slow line, the cloud shades red (bearish bias).
Confirmed ZigZag Pivots – plots non-repainting swing highs and swing lows using pivot confirmation. This helps traders see important structural turning points and potential breakout zones.
VPOC Approximation (Volume Point of Control) – within a lookback window, the indicator marks the price level with the highest traded volume. This level often acts as a magnet for price or an area of confluence.
Signals & Alerts
A long signal appears when price is trending up, breaks above the last confirmed pivot high, and (optionally) is above the VPOC line.
A short signal appears when price is trending down, breaks below the last confirmed pivot low, and (optionally) is below the VPOC line.
Alerts can be enabled to notify when these conditions occur.
Customization
Inputs allow adjusting the EMA lengths, smoothing factor, pivot sensitivity, and VPOC lookback.
Users can toggle on/off the cloud fill, pivot markers, bar coloring, and VPOC line to match their charting style.
✅ Notes (for compliance)
This script is for technical analysis and educational purposes only.
It does not provide financial advice or guaranteed results.
Signals are intended to highlight trend direction and breakout areas — traders should always confirm with their own risk management and strategy.
BanditExperimental %R and Moving Average Bands. This is just for fun :)
Comment below if you spot a good pattern to trade.
Multi-Timeframe 20 EMA PackMultiple 20 EMA's, each for a different time frame but all on the same chart.
This will help you make sure that the 20EMA has been crossed on all time frames before taking action.
Syed Shams - PSX Dashboard v2.0A compact dashboard that summarizes trend/strength context for Pakistan stocks and indices. It normalizes signals from widely-used tools into a single table so you can triage symbols quickly—no alerts, no buy/sell calls.
What’s inside (columns):
------------------------------
- Scrip / Price / Δ%: Symbol, last price, and percent change vs the previous bar close on the active timeframe (e.g., on 1D it’s vs prior daily close).
- LMH / LML / LWH / LWL: Last Month/Week High & Low. Optional setting to use closed prior M/W bars.
- EMAs 5/9/21/44/100/200: Six mini-squares. Green = price ≥ that EMA, Red = below.
- RS5 / RS21 (vs KSE100): Arrows show out/under-performance over two user-set return windows.
- RSI: Text = RSI value with slope arrow; Blue fill when RSI > its EMA (bullish bias), Red fill when below.
- OBV: Blue/Red fill for OBV vs its EMA; slope arrow uses the global Slope Lookback.
- MACD (M A C D): 4 tiny histogram bars colored by quadrant/acceleration for quick trend read.
- ADX / DMI: ADX value (color-coded: >50 red, 25–50 green, 20–25 orange, <20 red) + slope arrow. +DI / −DI arrows with neutral/green/red fill when +DI dominates/equals/−DI dominates.
- ST 5,1 / ST 8,2: Green/Red dots for SuperTrend state.
- Ichimoku: Cell fill for price vs cloud (above/inside/below). “Laser” dash appears on fresh HH/LL checks.
- BB Zone: Uses BB(20,1/2/3).
• price ≥ U2 → “BB3” (Dark Blue text, Light Blue fill)
• U1 < price < U2 → “BB2” (Dark Blue / Light Blue)
• L1 ≤ price ≤ U1 → “BB1” (Dark Green / Light Green)
• L2 < price < L1 → “BB2” (Dark Red / Light Red)
• price ≤ L2 → “BB3” (Dark Red / Light Red)
Also shows BB3 upper-band slope using the global lookback: “+” widening, “−” contracting, “=” flat.
- Grade (A/B/C/D): Optional composite score; rows sort by score when enabled.
Grade scoring:
------------------
Price ≥ each EMA +1 (max +6) · RS5>idx +2, RS21>idx +1 · OBV>EMA +2, OBV-EMA↑ +1 · RSI>50 +2, RSI>EMA +1, RSI slope↑ +2 / ↓ −2 · MACD hist: ≥0&rising +2, ≥0&falling +1, <0&falling −2, <0&rising −1 · +DI>−DI +1, +DI slope↑ +1 · ADX: >50 −2, 25–50 +2, 20–25 +1, ADX slope↑ +1 · ST(5,1) +1, ST(8,2) +1 · Ichimoku: above cloud +1, below −1, HH “laser” +2 / LL −2 · BB zone: inside BB1 +1; above BB1 +2; BB3 widening +2; shrinking −2; flat 0.
Controls & workflow:
-------------------------
- Universe selector (incl. sector lists and Custom Watchlist).
- Show KSE index rows (off by default).
- Slope Lookback (arrows): one control for RSI/ADX/DMI/OBV/BB3 slope checks.
- Closed bars for LM/LW H/L (off by default).
- Dark Mode (off by default): optimized table contrast for black charts.
- Show Grades toggle.
How to use:
---------------
1) Pick your universe and timeframe.
2) Adjust Slope Lookback (default 1) if you want a stricter/looser slope test.
3) Sort by Grade (on) to find leaders/laggards, then open charts for entries/exits using your own process.
Notes:
--------
- Timeframe-aware: all calculations—including Δ% and RS windows—use the active chart TF.
- Educational research tool. Not investment advice. No alerts.
Median EMA IQR Bands | OquantOverview
The Median EMA IQR Bands indicator introduces a robust trend-following tool that combines a median-filtered exponential moving average (EMA) with interquartile range (IQR) based bands to identify potential entry and exit points for long and short positions. This approach aims to reduce noise in traditional EMAs while incorporating a statistical measure of volatility to create adaptive bands. Unlike standard moving average crossovers or Bollinger Bands, this indicator uses median filtering on the EMA and IQR for band construction, which can help in filtering outliers and providing a more stable view of market trends. It also includes built-in performance metrics displayed in tables, allowing users to evaluate the indicator's historical behavior against buy-and-hold benchmarks directly on the chart(remember past performance doesn’t guarantee future results).
Key Factors/Components
Median-Filtered EMA: A core trend line derived from an EMA that is further smoothed using a median calculation to minimize the impact of extreme price movements.
IQR Bands: Upper and lower bands built around the median EMA using the interquartile range, multiplied by a user-defined factor, to capture volatility without assuming a normal distribution like standard deviation-based methods.
Signal Generation: Simple conditions for long (price above upper band) and short (price below lower band) allocations, with options to enable/disable longs or shorts.
Performance Metrics: Tables showing risk-adjusted metrics such as Sharpe, Sortino, Omega ratios, max drawdown, intra-trade max drawdown, percent profitable trades, profit factor, total trades, and net profit for the indicator's simulated equity curve, compared to buy-and-hold.
Equity Curve Plot: Optional plotting of a simulated equity curve based on the indicator's allocations.
Visual Elements: Color-coded plots, fills, and bar coloring for clear signal visualization(green for bullish and purple for bearish.
How It Works
The indicator starts by calculating a standard EMA on the selected source (default close price), then applies a median filter over a specified length to create the central trend line. This helps in reducing whipsaws common in volatile markets. Separately, it computes the IQR from recent price data as a non-parametric measure of spread, which is then scaled by a multiplier and added/subtracted from the median EMA to form the upper and lower bands. Allocations shift to long when price closes above the upper band (if longs are enabled), to short when below the lower band (if shorts are enabled), or to cash otherwise(For example if it’s bearish signal but shorts are disabled then it will be cash). The equity curve and metrics are derived from these allocations, simulating returns while accounting for user preferences on position types. This logic emphasizes trend persistence filtered through statistical robustness, but users should note it may cause false signals in ranging markets and perform better in trending conditions.
For Who It Is Best/Recommended Use Cases
This indicator is best suited for trend-following traders or investors who prefer statistical, outlier-resistant methods over traditional indicators. It is recommended for:
Intermediate to advanced users analyzing cryptocurrencies on daily or other timeframes.
Those incorporating it into broader systems.
Risk-averse traders who value drawdown insights and adjustable band sensitivity for customizing to specific assets. It is not ideal for high-frequency trading or very short-term scalping.
Settings and Default Settings
Start Date: Timestamp for when metrics and equity calculations begin (default: 1 Jan 2018).
Source: Price source for calculations (default: close).
EMA Length: Period for the underlying EMA (default: 30).
Median Length: Window for median filtering on the EMA (default: 20).
Interquartile Range Length: Period for IQR calculation (default: 20).
Band Multiplier: Factor to scale the IQR for bands (default: 1.2).
Allow Long Trades: Enable long positions (default: true); if false, defaults to cash.
Allow Shorts: Enable short positions (default: false); if false, defaults to cash.
Show Indicator Metrics Table: Display the performance table (default: true).
Show Buy&Hold Table: Display benchmark table (default: true).
Plot Equity Curve: Show simulated equity line (default: false).
These defaults are tuned for general use on daily charts, but users should adjust based on asset volatility—e.g., increase multiplier for tighter bands in low-vol environments.
Conclusion
The Median EMA IQR Bands offers a fresh take on trend detection by blending median smoothing with IQR volatility measures, providing traders with a tool that prioritizes stability and insightful metrics(remember past performance doesn’t guarantee future results). It encourages informed decision-making through transparent performance visuals(remember past performance doesn’t guarantee future results), making it a valuable addition for those looking to enhance their technical analysis toolkit.
⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading/investing involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
