A+ ORB VWAP EMA Alerts//@version=5
indicator("A+ ORB VWAP EMA Alerts", overlay = true)
// ORB levels (set these from LuxAlgo each morning)
orbHigh = input.float(0.0, "ORB High", step = 0.1)
orbLow = input.float(0.0, "ORB Low", step = 0.1)
// EMAs and VWAP
emaFast = ta.ema(close, 9)
emaSlow = ta.ema(close, 21)
vwapVal = ta.vwap(hlc3)
// Conditions
longCond = (close > orbHigh) and (close > vwapVal) and (emaFast > emaSlow)
shortCond = (close < orbLow) and (close < vwapVal) and (emaFast < emaSlow)
// Alerts (single-line, plain ASCII)
alertcondition(longCond, "A+ LONG SETUP ORB VWAP EMA", "A+ LONG: ORB High accepted, above VWAP, EMA9 > EMA21 (5m close).")
alertcondition(shortCond, "A+ SHORT SETUP ORB VWAP EMA", "A+ SHORT: ORB Low accepted, below VWAP, EMA9 < EMA21 (5m close).")
אינדיקטורים ואסטרטגיות
Custom Extreme Support & Resistance (ORB Framework)//@version=5
indicator("A+ ORB VWAP EMA Master Alerts", overlay=true)
// === USER INPUTS ===
orbHigh = input.float(na, "ORB High (from LuxAlgo)")
orbLow = input.float(na, "ORB Low (from LuxAlgo)")
emaFastLen = 9
emaSlowLen = 21
// === INDICATORS ===
emaFast = ta.ema(close, emaFastLen)
emaSlow = ta.ema(close, emaSlowLen)
vwapVal = ta.vwap(hlc3)
// === CONDITIONS ===
// LONG
longCond =
close > orbHigh and
close > vwapVal and
emaFast > emaSlow
// SHORT
shortCond =
close < orbLow and
close < vwapVal and
emaFast < emaSlow
// === ALERTS ===
alertcondition(
longCond,
title="A+ LONG SETUP – ORB + VWAP + EMA",
message="A+ LONG SETUP CONFIRMED (5m close): ORB High accepted, price above VWAP, EMA 9 > EMA 21. Wait for pullback/continuation."
)
alertcondition(
shortCond,
title="A+ SHORT SETUP – ORB + VWAP + EMA",
message="A+ SHORT SETUP CONFIRMED (5m close): ORB Low accepted, price below VWAP, EMA 9 < EMA 21. Wait for rejection/continuation."
)
Iron Fly 0DTE StrategyOverview
This indicator identifies optimal entry and exit points for 0DTE (zero days to expiration) Iron Fly options strategies on SPX. It uses a combination of DMI (Directional Movement Index) regime classification and ATR (Average True Range) volatility measurement to determine when market conditions favor non-directional premium selling.
An Iron Fly is a neutral options strategy that profits when price stays near a central strike. This indicator automates the decision of WHEN to enter and at WHAT strikes, based on quantifiable market conditions rather than discretionary judgment.
How It Works
Market Regime Classification
The core logic uses DMI and ADX to classify market conditions into four regimes:
SAFE - ADX below 25 AND DI Spread below 20: Low directional momentum, ideal for Iron Flies
CAUTION - ADX below 35 AND DI Spread below 30: Moderate conditions, wider wings recommended
WARNING - ADX below 45 OR DI Spread below 45: Elevated risk, no new entries
NO ENTRY - ADX above 45 AND DI Spread above 45: Strong trend, avoid premium selling
The DI Spread is calculated as the absolute difference between DI+ and DI-. A low spread indicates balanced buying and selling pressure, which favors range-bound price action.
Dynamic Wing Width Calculation
Wing width (the distance between the short strikes and protective long strikes) is calculated dynamically using:
Wing Width = ATR(14) × Multiplier × Late Session Factor
The multiplier varies by Entry Aggressiveness setting (5x to 7x ATR). Wings are widened by 20% in CAUTION regime for additional protection. Late in the session (after 50% elapsed), wings narrow by up to 20% as less time remains for adverse moves.
Wing width is bounded between 15 and 50 points and rounded to the nearest 5-point strike.
Entry Logic
New positions open when:
Market regime is SAFE or CAUTION
Current open positions are below the maximum limit
Daily trade count is below the daily limit
Price has moved sufficiently from the last entry (trigger distance)
No existing position at the calculated strike
Exit Logic
Positions close when price exceeds a dynamic exit threshold:
Exit Threshold = Wing Width × (Base Exit Percent + Time Decay Bonus)
The Base Exit Percent varies by Exit Aggressiveness (50% to 80%). The Time Decay Bonus increases throughout the session (0% to 25%), allowing wider tolerance as theta decay works in your favor.
What Makes This Original
This indicator differs from simple moving average or RSI-based approaches by:
Using DMI spread (not just ADX) to measure directional balance, which better identifies consolidation
Dynamically sizing wings based on current ATR rather than fixed widths
Adjusting exit tolerance based on session progress to account for theta decay
Implementing regime-based position management that automatically steps aside during trending conditions
Providing complete strike calculations for the 4-leg Iron Fly structure
Settings Guide
Strategy Settings
Entry Aggressiveness - Controls how often new trades open. LOW: fewer trades, wider wings, more selective. MID: balanced. HIGH: more trades, tighter wings.
Exit Aggressiveness - Controls how long positions are held. LOW: exits early at 50% of wing. MID: exits at 65% plus time bonus. HIGH: holds longer, exits at 80%.
Max Concurrent Flies - Maximum simultaneous open positions (1-5). Start with 1-2.
Max Trades Per Day - Daily limit to prevent overtrading (3-30).
Session Settings
Session Start/End - Trading hours in Eastern Time. Default 10:00-16:00.
How to Use
Add indicator to SPX chart (1-5 minute timeframe recommended)
Create alert with condition "Any alert() function call"
When OPEN alert fires, execute the 4-leg Iron Fly in your broker at the specified strikes
When CLOSE alert fires, close the position
Always verify the premium collected justifies the risk before entering
Alert Messages
OPEN alerts provide: Strike price, wing width, and all four leg strikes (short call, short put, long call, long put).
CLOSE alerts provide: Strike price and exit reason (price exceeded threshold or session ended).
Status Panel
The on-chart panel displays:
Positions - Current open count vs maximum
Market - Current regime classification
Wings - Current calculated wing width
Exit @ - Current exit threshold distance
Trades - Daily trade count vs limit
Limitations
Designed specifically for SPX 0DTE options; may not suit other underlyings
Does not account for bid-ask spreads or execution slippage
Market regime classification may lag during rapid regime changes
Past performance of signals does not guarantee future results
Requires manual execution in your options broker
Best Conditions
This strategy performs best during:
Range-bound, choppy market conditions
Normal volatility days (avoid major news events)
Regular trading hours (10 AM - 4 PM ET)
Avoid using during:
Strong trending days
FOMC announcements, CPI releases, earnings
Pre-market or after-hours
Disclaimer
This indicator is for educational and informational purposes only. It does not constitute financial advice.
Options trading involves substantial risk of loss
Iron Flies can result in losses up to the wing width minus premium collected
Past indicator signals do not guarantee future performance
Always understand your maximum risk before entering any trade
Never risk more than you can afford to lose
Conduct your own research and consider consulting a financial advisor
12H Fib MidpointsPrints the .5 fib retrace for final trading levels on the 1 minute chart.
Background process is exactly how its done in the video EverEvolving365 shared
DF Advanced Sector & RS AnalysisDF Advanced Sector & RS Analysis
Overview
This indicator is an all-in-one dashboard designed to give you an instant "health check" on any asset. Instead of opening multiple charts to check the market trend, sector performance, and fundamentals, this tool brings all that data into a single table on your screen.
It automatically detects if you are looking at a Stock, Crypto, or Forex pair and adjusts its benchmarks accordingly.
Key Features
1. Smart Asset Detection
Stocks: Compares performance against the S&P 500 (SPY).
Crypto: Compares performance against Bitcoin (BTC).
Forex: Compares performance against the US Dollar Index (DXY).
2. Sector Intelligence (Stocks Only)
If you are trading a stock, the indicator automatically identifies its sector (e.g., Technology, Energy, Finance) and compares the stock against that specific sector ETF.
Sector Trend: Tells you if the sector is in an Uptrend or Downtrend.
vs Sector: Shows if your stock is outperforming its own industry.
3. Relative Strength (RS) & Alpha
RS Rating (0-100): A score derived from RSI logic that measures how strong the asset is compared to the benchmark. A score above 70 is bullish.
Alpha: Shows how much the asset is beating (or lagging) the market over the last 20 days.
4. Fundamental Snapshot
Growth: Displays EPS (Earnings) and Revenue growth. You can toggle these between TTM (Trailing 12 Months) for a smoother view or Quarterly for recent performance.
Valuation: Displays the P/E Ratio (TTM). This is always calculated using Trailing Twelve Month data to provide a standard valuation metric.
5. The "Verdict" Score
The indicator combines Technicals, Fundamentals, and Sector Strength into a final 0-100 Score:
STRONG (Green): High probability setup (Score > 70).
NEUTRAL (Grey): Mixed signals (Score 50-70).
RISK (Red): Weak performance or fundamentals (Score < 50).
How to Use
Add to Chart: The table will appear in the corner of your screen.
Check the Score: Look for assets with a "STRONG" verdict.
Analyze the RS: Ensure the RS Rating is high (green) to confirm the asset is a market leader.
Check the Sector: For stocks, it is safer to buy when the "Sector Trend" is UP.
Settings
Table Position: Move the dashboard to any corner of the screen.
Text Size: Adjust the size to fit your screen resolution.
Financials Mode:
TTM: Uses 12-month data (Smoother, standard for long-term analysis).
Quarterly: Uses the most recent quarter vs. the same quarter last year (More volatile, good for earnings plays).
Note: P/E Ratio is always TTM regardless of this setting.
Disclaimer
This tool is for informational purposes only and does not constitute financial advice. Always do your own research before trading.
Volume Weighted KurtosisThis indicator analyzes market sentiment by decomposing total
Excess Kurtosis ("Fat Tails") into distinct, interpretable components:
"Between-Bar" (Trend Path) and "Within-Bar" (Microstructure).
Key Features:
1. **Moment-Based Kurtosis Decomposition:** The indicator
separates kurtosis based on the 'Estimate Bar Statistics' option.
It leverages the additive property of the Fourth Central Moment
(Cumulants) to ensure mathematical rigor:
- **Standard Mode (`Estimate Bar Statistics` = OFF):** Calculates
simple kurtosis of the selected `Source`.
- **Decomposition Mode (`Estimate Bar Statistics` = ON):** The
indicator uses a statistical model ('Estimator') to
calculate *within-bar* kurtosis.
This separates the tail risk into:
- **Between-Bar Kurtosis (Gold):** Peakedness of the price
path itself. High values indicate the trend moves in jumps
or gaps rather than a smooth progression.
- **Within-Bar Kurtosis (Blue):** Fat tails within the
microstructure. High values imply significant outliers
inside the bars (e.g., extreme wicks).
- **Interaction Variance (Dark Grey):** The comovement of variance
and mean deviations (volatility clustering relative to trend).
- **Interaction Skewness (Darker Grey):** The comovement of skewness
and mean deviations (asymmetry relative to trend).
2. **Visual Decomposition Logic:** Total Excess Kurtosis is the
primary metric displayed. Since Kurtosis coefficients are not
linearly additive, this indicator calculates the *exact* Total
Kurtosis and partitions the area/ratios based on the additive
Fourth Moment Decomposition (`M4Tot = M4Btw + M4Wtn + M4Int`). This
ensures the displayed total kurtosis remains mathematically accurate.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Displays the *Total Kurtosis* as the main
line, with the background filled by the stacked components.
Shows the *magnitude* of the tail risk.
- **Relative Mode:** Displays the **Contribution Ratios**
of each component (-1.0 to 1.0). This isolates the
*structure/quality* of the risk (e.g., "Is the risk
driven by the trend jumps or by the candle instability?").
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
transforms inputs into logarithmic space, analyzing the
kurtosis of *returns* rather than absolute prices.
(Essential for correct statistical properties).
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all moment calculations, emphasizing
high-participation moves.
5. **Kurtosis Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (peaks/valleys) in
the *Total Kurtosis* line. (Note: This is only visible
in 'Absolute Mode').
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Kurtosis Lines:** The kurtosis lines can be
calculated on a higher timeframe, with standard options
to handle gaps (`Fill Gaps`) and prevent repainting
(`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Kurtosis magnitude (High Positive / High Negative).
- Character changes (Inter-Bar vs. Intra-Bar dominance).
- Total Kurtosis pivot (High/Low) detection.
---
**DISCLAIMER**
1. **For Informational/Educational Use Only:** This indicator is
provided for informational and educational purposes only. It does
not constitute financial, investment, or trading advice, nor is
it a recommendation to buy or sell any asset.
2. **Use at Your Own Risk:** All trading decisions you make based on
the information or signals generated by this indicator are made
solely at your own risk.
3. **No Guarantee of Performance:** Past performance is not an
indicator of future results. The author makes no guarantee
regarding the accuracy of the signals or future profitability.
4. **No Liability:** The author shall not be held liable for any
financial losses or damages incurred directly or indirectly from
the use of this indicator.
5. **Signals Are Not Recommendations:** The alerts and visual signals
(e.g., crossovers) generated by this tool are not direct
recommendations to buy or sell. They are technical observations
for your own analysis and consideration.
Pair Correlation Oscillator (Overlay)Pair Correlation Oscillator (Overlay)
Overview
This open-source TradingView indicator computes the Pearson correlation coefficient between the chart's instrument (Ticker A) and a user-selected instrument (Ticker B). The correlation is displayed as an oscillator within the range −1..+1:
+1 — perfect positive correlation
0 — no linear correlation
−1 — perfect inverse correlation
Key features
Default window: 500 bars (configurable)
Option to compute correlation on log returns (recommended for comparing different instruments)
Option to exclude the current unfinished bar (use previous completed bars only)
Overlaid line + histogram columns for immediate visual interpretation
Alert examples included (commented out) for high correlation thresholds
Inputs
Ticker 2 — the other instrument to compare against (Ticker 1 is always the chart symbol)
Correlation length — window in bars for the rolling correlation (default 500)
Use log returns — converts price series to log returns before correlation (recommended)
Exclude current bar — shift series by 1 to use only completed bars
How to use
Add the script to your chart and set Ticker 2 to the instrument you want to correlate with the chart symbol.
Choose Use log returns = true for price-to-price comparisons (it removes level bias).
Optionally enable Exclude current bar for more stable signals if you do not want the live unfinished bar affecting results.
Use the line/histogram and label shown on the chart to inspect correlation in real time.
Limitations & notes
Correlation measures linear relationship over the chosen window — non-linear relationships won't be captured.
Very different tickers (e.g., price scales, very low liquidity) may show noisy correlation; use returns and longer windows in such cases.
This indicator is for information/analysis only — not trading advice.
Vegas Triple Tunnel (CGYJ Pro)维加斯三通道（Vegas Tunnel）
指标简介
维加斯三通道是由职业交易员Vegas开发的经典趋势跟踪系统，通过三组EMA均线构建短期、中期、长期三层通道，帮助交易者识别趋势方向和最佳入场时机。
通道结构
通道均线用途短期EMA 21 / 26短线趋势、快速入场中期EMA 144 / 169核心趋势判断、标准入场长期EMA 576 / 676大趋势方向、重要支撑阻力
使用方法
多头排列：短期通道 > 中期通道 > 长期通道，逢回调做多
空头排列：短期通道 < 中期通道 < 长期通道，逢反弹做空
回调入场：价格回踩通道后反弹是最佳入场点
适用范围
适用于所有品种和周期，H1、H4、日线效果最佳。
Vegas Triple Tunnel
Overview
The Vegas Triple Tunnel is a classic trend-following system developed by professional trader Vegas. It uses three pairs of EMA lines to construct short-term, medium-term, and long-term channels, helping traders identify trend direction and optimal entry points.
Channel Structure
Short-term Channel: EMA 21 / 26 - For quick trend identification and short-term entries
Medium-term Channel: EMA 144 / 169 - Core trend judgment and standard entries
Long-term Channel: EMA 576 / 676 - Major trend direction and key support/resistance levels
How to Use
Bullish Alignment: Short > Medium > Long channel, look for pullback entries to go long
Bearish Alignment: Short < Medium < Long channel, look for bounce entries to go short
Best Entry: Price pullback to channel and bounce provides optimal entry opportunities
Applicable Markets
Works on all instruments and timeframes. Best results on H1, H4, and Daily charts.
Volume Weighted LR SkewnessThis indicator analyzes market character by decomposing total
skewness (asymmetry) into four distinct, interpretable components
based on a Linear Regression model.
Key Features:
1. **Four-Component Skewness Decomposition:** The indicator
separates market asymmetry based on the 'Estimate Bar Statistics' option.
It leverages the Law of Total Moments to provide an additive
breakdown of the 3rd Statistical Moment:
- **Trend Skewness (Green/Red):** Asymmetry originating from
the slope of the regression line itself. Indicates if the
trend path is geometrically skewed.
- **Residual Skewness (Yellow):** Asymmetry of the noise
around the regression line. Captures "Tail Risk" (e.g.,
sudden spikes against the trend).
- **Within-Bar Skewness (Blue):** Asymmetry derived from the
microstructure of individual bars (requires 'Estimate Bar Statistics').
- **Interaction Skewness (Dark Grey):** Asymmetry caused by the
correlation between price levels and volatility (e.g.,
volatility expanding as price moves in one direction).
*Dominance of this component indicates an unstable, emotional market.*
2. **Visual Decomposition Logic:** Total Skewness is the
primary metric displayed. Since statistical moments are additive,
this indicator calculates the *exact* Total Skewness and partitions
the area to visualize the contribution (weight) of each
structural source to the overall market bias.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Displays the *total* skewness as a
stacked area chart, allowing to see the magnitude of tail risk.
Stacking logic groups components with the same sign to ensure
visual clarity.
- **Relative Mode:** Displays the direct *contribution ratio*
(proportion) of each component relative to the total sum,
ideal for identifying the dominant driver of asymmetry.
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
transforms inputs into logarithmic space, analyzing the
skewness of *returns* rather than absolute prices.
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all regression and moment calculations,
emphasizing high-participation moves.
5. **Skewness Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (peaks/valleys) in
the *total* skewness line. This helps identify extremes in
market sentiment or structural bias.
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Skewness Lines:** The skewness lines can be
calculated on a higher timeframe, with standard options
to handle gaps (`Fill Gaps`) and prevent repainting
(`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Skewness magnitude (High Positive / High Negative).
- Skewness character changes/emerging/fading.
- Total Skewness pivot (High/Low) detection.
---
**DISCLAIMER**
1. **For Informational/Educational Use Only:** This indicator is
provided for informational and educational purposes only. It does
not constitute financial, investment, or trading advice, nor is
it a recommendation to buy or sell any asset.
2. **Use at Your Own Risk:** All trading decisions you make based on
the information or signals generated by this indicator are made
solely at your own risk.
3. **No Guarantee of Performance:** Past performance is not an
indicator of future results. The author makes no guarantee
regarding the accuracy of the signals or future profitability.
4. **No Liability:** The author shall not be held liable for any
financial losses or damages incurred directly or indirectly from
the use of this indicator.
5. **Signals Are Not Recommendations:** The alerts and visual signals
(e.g., crossovers) generated by this tool are not direct
recommendations to buy or sell. They are technical observations
for your own analysis and consideration.
Multi-MA Crossover Alert by Funded RelayMulti-MA Crossover Alert is a simple yet powerful trend-following indicator that combines three moving averages to help identify trend direction and potential reversal points.
What it shows:
• Fast SMA (default 20 periods) – reacts quickly to price changes
• Medium EMA (default 50 periods) – smoother medium-term trend
• Slow SMA (default 200 periods) – long-term trend reference (often called the "death/golden cross" level)
Features:
• Dynamic coloring: Lines turn green when above the slow SMA (bullish bias) or red when below (bearish bias). The slow SMA stays gray for clear reference.
• Background tint: Light green/red background highlights the overall trend based on Fast SMA vs Slow SMA.
• Crossover alerts: Triggers notifications when the Medium EMA crosses above/below the Slow SMA (classic trend change signal).
How to interpret the signals:
• Bullish trend: Fast and Medium lines are green and above the Slow SMA → price is in an uptrend. Look for buying opportunities on pullbacks.
• Bearish trend: Fast and Medium lines are red and below the Slow SMA → price is in a downtrend. Look for selling/short opportunities on rallies.
• Bullish crossover (alert): Medium EMA crosses ABOVE Slow SMA → potential start of stronger uptrend or reversal from downtrend.
• Bearish crossover (alert): Medium EMA crosses BELOW Slow SMA → potential start of stronger downtrend or reversal from uptrend.
How to use it correctly:
1. Add the indicator to your chart via "Indicators" → Community Scripts.
2. Adjust the input lengths to match your timeframe and style:
- Shorter periods (e.g. 10/30/100) → better for intraday / scalping
- Longer periods (e.g. 50/100/200) → better for swing / position trading
3. Enable "Enable Crossover Alerts" if you want TradingView notifications (set alerts via the alert menu: condition = "alert() function calls only").
4. Use in combination with:
- Support/resistance levels
- Volume confirmation
- Other indicators (RSI for overbought/oversold, candlestick patterns)
5. Best on higher timeframes (1H, 4H, Daily) to reduce noise. On very low timeframes, false signals increase — always confirm with price action.
Important notes:
• This is NOT a standalone "buy/sell" system — no indicator is 100% accurate. Always use risk management (stop-loss, position sizing).
• Backtest on your assets/timeframes before live trading.
• Works on all markets: stocks, forex, crypto, futures, etc.
Open-source and free — feel free to modify and improve!
Happy trading!
TX Stealth Pro: International EditionTX Stealth Pro is a high-performance, intra-day monitoring terminal specifically designed for index futures traders (optimized for Taiwan Index Futures - TX). This indicator merges a sleek, "Stealth" dashboard UI with critical session-based technical levels, allowing traders to monitor trend direction, volatility, and key liquidity zones without cluttering the price action.
LSMA25 Trend Correction Continuation
## LSMA25 Trend Correction Continuation - Publishing Description
### Overview
This indicator highlights **trend continuation opportunities** using a **25-period LSMA (Least Squares Moving Average)** with a **slope/angle filter** and a simple **correction + re-entry** logic.
It is designed to mark:
* **Continuation entries** after a pullback (correction) and re-cross of LSMA in the direction of a strong trend
* **Strong-trend state** (subtle dots) when price stays on the trend side of LSMA with a steep angle, even without a fresh cross
### Core logic
1. **LSMA (25 by default)**
* Uses `ta.linreg(close, lsmaLen, 0)` as the LSMA line.
2. **Trend strength via angle (tick-normalized)**
* Computes 1-bar LSMA slope in **ticks**:
* `slopeTicks = (lsma - lsma ) / syminfo.mintick`
* Converts slope to an angle using `atan()` and a calibration input:
* `ticksPerBarFor45` approximates how many ticks per bar corresponds to ~45°
* Strong trend conditions:
* LONG trend strength when `angleDeg >= minAngleLongDeg`
* SHORT trend strength when `angleDeg <= minAngleShortDeg`
3. **Correction detection**
* LONG side: a correction exists if within the last `corrLookback` bars the close was **below** LSMA:
* `ta.barssince(close < lsma) <= corrLookback`
* SHORT side: correction exists if within the last `corrLookback` bars the close was **above** LSMA:
* `ta.barssince(close > lsma) <= corrLookback`
4. **Continuation signals**
* **Long Continuation (LC)** triggers when:
* Price **crosses above** LSMA (`ta.crossover(close, lsma)`)
* Angle indicates **strong uptrend**
* A recent **pullback below LSMA** occurred
* Optional ATR% filter passes
* **Short Continuation (SC)** triggers symmetrically on cross below.
5. **Strong trend markers**
* When price is on the trend side of LSMA and angle is strong:
* Uptrend: `close > lsma and strongUp`
* Downtrend: `close < lsma and strongDown`
* Drawn as small, semi-transparent circles (not entry signals by themselves).
### Plots and labels
* **LSMA line** plotted in yellow.
* **LC**: green triangle below bar (trend continuation long).
* **SC**: red triangle above bar (trend continuation short).
* **Dots**: tiny circles for strong-trend state when no fresh continuation signal is present.
### Inputs (how to tune)
* **LSMA length**
* Higher = smoother, fewer signals
* Lower = more responsive, more signals/noise
* **Ticks per bar ≈ 45°**
* Calibration control for angle scaling across different instruments/timeframes
* Increase it if angles look too “aggressive”; decrease it if angles look too “flat”
* **Min angle for LONG / Max angle for SHORT**
* Tighten to filter for only steep trends; loosen to allow more setups
* **Max correction bars back**
* Larger values allow older pullbacks to qualify
* Smaller values require a more recent correction
### Optional volatility filter (ATR%)
* When enabled, the script requires:
* `ATR% = (ATR / close) * 100 >= minAtrPct`
* Useful to avoid low-volatility chop (but can filter out valid trends on slow markets).
### How to use (practical)
* Use **LC/SC** as “trend continuation after pullback” markers:
* Prefer trading in the direction of higher timeframe bias (if applicable)
* Consider entries on LC/SC with your own risk rules (stops/targets are not included)
* Use the **strong-trend dots** as a regime filter:
* If dots persist, continuation setups have higher context quality
* If dots disappear frequently, market may be ranging/choppy
### Limitations (important)
* Angle is based on **LSMA 1-bar slope**, so it is sensitive to sudden changes and can vary across markets/timeframes.
* Correction logic is binary: it only checks whether price crossed to the other side of LSMA recently (not depth/structure of pullback).
* Signals depend on **close crossing LSMA**, not intrabar wick behavior.
* Not a full trading system: no position sizing, stops, or take profits.
### Alerts
Alerts fire only on **confirmed bars** (`barstate.isconfirmed`) for:
* “LSMA25 Long continuation”
* “LSMA25 Short continuation”
1of1 Trades Expected Ranges (Friday Close Calculator)Expected Ranges (Friday Close Calculator)
Expected Ranges is a simple, non-plotting calculator designed for weekly market preparation.
It uses the most recent Friday’s daily close as the base price and calculates an expected trading range for the upcoming week.
This indicator is intentionally built as a calculator only — it does not draw lines or zones on the chart. This ensures there is no bleed between symbols and allows traders to convert levels into permanent TradingView drawings (horizontal lines and shaded rectangles) that are stored per symbol in their account.
How It Works
Friday Close is automatically detected from the daily chart.
You input a single value for Expected Weekly Move.
The indicator calculates:
Upper Range = Friday Close + Expected Move
Lower Range = Friday Close − Expected Move
Values are displayed in a clean top-right panel for quick reference.
TCT ChecklistChecklist in order to make you take in account everything you need to determine if a range is worth taking or not.
EZ Range MACD + DASH - ELECTZA**EZ Range MACD + DASH – ELECTZA**
A streamlined MACD momentum indicator built to reduce false signals in choppy markets. It combines a classic **MACD + Signal + Histogram** display with an **ATR-based range detector** that identifies low-volatility compression zones. When the market is ranging, momentum is muted and the script prioritizes “WAIT” conditions to help you avoid noise. Clear **BUY/SELL arrows** print only when MACD crossovers occur outside of detected range conditions. The built-in **dashboard** (bottom-right) gives a quick at-a-glance read of the **Overall Market State** (Bullish / Bearish / Ranging) plus the current **trade recommendation** (Buy / Sell / Wait), making it easy to track momentum and market quality without clutter.
**Disclaimer:**
This indicator/script is provided for **educational and informational purposes only** and does **not** constitute financial, investment, or trading advice. Trading and investing involve **significant risk**, and you may lose some or all of your capital. Past performance is **not** indicative of future results. Always do your own research, use proper risk management, and consider consulting a qualified financial professional. By using this script, you agree that you are solely responsible for any trading decisions and outcomes.
TSM PCR Auto AlertsPCR Auto Alerts (Bullish · Neutral · Bearish)
🎯 Objective of the Script
This script is designed to:
Calculate the Put–Call Ratio (PCR)
Interpret market sentiment using predefined PCR zones
Automatically generate Bullish, Neutral, and Bearish alerts
Visually display the PCR trend and current market view
📊 What is PCR (Put–Call Ratio)?
PCR = Put Open Interest ÷ Call Open Interest
It reflects market participants’ expectations:
Lower PCR → More calls → Bullish bias
Higher PCR → More puts → Bearish bias
🔧 Inputs Used in the Script
Put Open Interest (Put OI)
Manually entered value
Call Open Interest (Call OI)
Manually entered value
These inputs make the script ideal for:
Learning & teaching
Strategy explanation
Posters & educational content
Weekend Highs & Lows (BTC)Weekend highs and lows are generally taken, this indicator will help get stats for that
1k EMA Clouds1k EMA Clouds
This indicator is a multi-EMA cloud system designed to give clear trend structure, momentum context, and higher-timeframe bias directly on your chart.
It plots five EMA cloud pairs using short and long moving averages, allowing you to visually identify trend alignment, trend shifts, and areas of dynamic support and resistance. When the fast EMA is above the slow EMA, the cloud reflects bullish conditions. When it’s below, the cloud reflects bearish conditions.
The script also includes:
An optional VWAP with session anchoring and standard deviation bands for intraday mean-reversion and institutional reference
Optional 200 MA and 100 MA for higher-timeframe trend confirmation
Clean visual hierarchy so price action remains readable during scaling and chart movement
This tool is intended to be used alongside price action, structure, and risk management, not as a standalone signal generator.
Credits
EMA cloud logic is inspired by and credited to Ripster’s EMA Clouds
Modified and extended for personal workflow, visual clarity, and intraday trading use
Volume Weighted Intra Bar LR CorrelationThis indicator analyzes market character by providing a detailed
view of correlation. It applies a Linear Regression model to
intra-bar price action, dissecting the total correlation of
each bar into three distinct components.
Key Features:
1. **Three-Component Correlation Decomposition:** The indicator
separates correlation based on the 'Estimate Bar Statistics' option.
- **Standard Mode (`Estimate Bar Statistics` = OFF):** Calculates
correlation based on the selected `Source` (this results
mainly in 'Trend' and 'Residual' correlation).
- **Decomposition Mode (`Estimate Bar Statistics` = ON):** The
indicator uses a statistical model ('Estimator') to
calculate *within-bar* correlation.
(Assumption: In this mode, the `Source` input is
**ignored**, and an estimated mean for each bar is used
instead).
This separates correlation into:
- **Trend Correlation (Green/Red):** Correlation explained by the
regression's slope (Directional Alignment).
- **Residual Correlation (Yellow):** Correlation from price
oscillating around the regression line (Mean-Reversion/Cointegration).
- **Within-Bar Correlation (Blue):** Correlation from the
high-low range of each bar (Microstructure/Noise).
2. **Visual Decomposition Logic:** Total Correlation is the
primary metric displayed. Since Correlation Coefficients are not
linearly additive, this indicator plots the *exact* Total
Correlation and partitions the area underneath based on the
Covariance Ratio. This ensures the displayed total correlation
remains mathematically accurate while showing relative composition.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Displays the *total* correlation as a
stacked area chart, partitioned by the ratio of
the three components.
- **Relative Mode:** Displays the direct *energy ratio*
(proportion) of each component relative to the total (0-1),
ideal for identifying the dominant market character.
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
calculates an **Exponential Regression Curve** (log-space),
making the analysis suitable for growth assets.
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all regression and correlation calculations.
5. **Correlation Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (highs and lows) in
the *total* correlation line. (Note: This is only visible
in 'Absolute Mode').
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Correlation Lines:** The correlation lines can be
calculated on a higher timeframe, with standard options
to handle gaps (`Fill Gaps`) and prevent repainting
(`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Correlation magnitude (High Positive / High Inverse).
- Correlation character changes/emerging/fading.
- Total Correlation pivot (High/Low) detection.
**Caution! Real-Time Data Behavior (Intra-Bar Repainting)**
This indicator uses high-resolution intra-bar data. As a result, the
values on the **current, unclosed bar** (the real-time bar) will
update dynamically as new intra-bar data arrives. This behavior is
normal and necessary for this type of analysis. Signals should only
be considered final **after the main chart bar has closed.**
---
**DISCLAIMER**
1. **For Informational/Educational Use Only:** This indicator is
provided for informational and educational purposes only. It does
not constitute financial, investment, or trading advice, nor is
it a recommendation to buy or sell any asset.
2. **Use at Your Own Risk:** All trading decisions you make based on
the information or signals generated by this indicator are made
solely at your own risk.
3. **No Guarantee of Performance:** Past performance is not an
indicator of future results. The author makes no guarantee
regarding the accuracy of the signals or future profitability.
4. **No Liability:** The author shall not be held liable for any
financial losses or damages incurred directly or indirectly from
the use of this indicator.
5. **Signals Are Not Recommendations:** The alerts and visual signals
(e.g., crossovers) generated by this tool are not direct
recommendations to buy or sell. They are technical observations
for your own analysis and consideration.
Volume Weighted Intra Bar LR KurtosisThis indicator analyzes market character by decomposing total
Excess Kurtosis ("Fat Tails") of a SINGLE BAR into four distinct,
interpretable components based on a Linear Regression model.
Key Features:
1. **Intra-Bar LR Kurtosis Decomposition:** For each bar on the chart,
the indicator analyzes the underlying price action on a smaller
timeframe ('Intra-Bar Timeframe'). It fits a Linear Regression
line through the intra-bar data to decompose the 4th Moment:
- **Trend Kurtosis (Gold):** Peakedness of the regression line
itself. High values indicate the price path within the bar
moves in sudden jumps, steps, or gaps (discontinuous path).
- **Residual Kurtosis (Red):** Excess Kurtosis of the noise
around the regression line. Captures "Hidden Tail Risk" or
extreme outliers within the bar relative to the trend.
- **Within-Bar Kurtosis (Blue):** Fat tails derived from the
microstructure of individual intra-bar candles.
- **Interaction Variance (Dark Grey):** The comovement of variance
and mean deviations (volatility clustering relative to trend).
- **Interaction Skewness (Darker Grey):** The comovement of skewness
and mean deviations (asymmetry relative to trend).
2. **Visual Decomposition Logic:** Total Excess Kurtosis is the
primary metric displayed. Since statistical moments are additive,
this indicator calculates the *exact* Total Kurtosis and partitions
the columns based on the Law of Total Moments.
3. **Dual Display Modes:** The indicator offers two modes to
visualize this decomposition:
- **Absolute Mode:** Plots the *total* kurtosis as a
stacked column chart. Stacking logic groups components to
ensure visual clarity of the magnitude.
- **Relative Mode:** Plots the direct *contribution ratio*
(proportion) of each component relative to the total sum,
ideal for identifying the dominant driver (Trend vs. Noise).
4. **Calculation Options:**
- **Normalization:** An optional 'Normalize' setting
transforms inputs into logarithmic space, analyzing the
kurtosis of *returns* rather than absolute prices.
- **Volume Weighting:** An option (`Volume weighted`) applies
volume weighting to all regression and moment calculations,
emphasizing high-participation moves.
5. **Kurtosis Cycle Analysis:**
- **Pivot Detection:** Includes a built-in pivot detector
that identifies significant turning points (peaks/valleys) in
the *total* kurtosis line. (Note: This is only visible
in 'Absolute Mode').
- **Flexible Pivot Algorithms:** Supports various underlying
mathematical models for pivot detection provided by the
core library.
6. **Note on Confirmation (Lag):** Pivot signals are confirmed
using a lookback method. A pivot is only plotted *after*
the `Pivot Right Bars` input has passed, which introduces
an inherent lag.
7. **Multi-Timeframe (MTF) Capability:**
- **MTF Analysis Lines:** The entire intra-bar analysis can be
run on a higher timeframe (using the `Timeframe` input),
with standard options to handle gaps (`Fill Gaps`) and
prevent repainting (`Wait for...`).
- **Limitation:** The Pivot detection (`Calculate Pivots`) is
**disabled** if a Higher Timeframe (HTF) is selected.
8. **Integrated Alerts:** Includes comprehensive alerts for:
- Kurtosis magnitude (High Positive / High Negative).
- Character changes (Trend Jumps vs. Noise Outliers).
- Total Kurtosis pivot (High/Low) detection.
**Caution: Real-Time Data Behavior (Intra-Bar Repainting)**
This indicator uses high-resolution intra-bar data. As a result, the
values on the **current, unclosed bar** (the real-time bar) will
update dynamically as new intra-bar data arrives. This behavior is
normal and necessary for this type of analysis. Signals should only
be considered final **after the main chart bar has closed.**
---
**DISCLAIMER**
1. **For Informational/Educational Use Only:** This indicator is
provided for informational and educational purposes only. It does
not constitute financial, investment, or trading advice, nor is
it a recommendation to buy or sell any asset.
2. **Use at Your Own Risk:** All trading decisions you make based on
the information or signals generated by this indicator are made
solely at your own risk.
3. **No Guarantee of Performance:** Past performance is not an
indicator of future results. The author makes no guarantee
regarding the accuracy of the signals or future profitability.
4. **No Liability:** The author shall not be held liable for any
financial losses or damages incurred directly or indirectly from
the use of this indicator.
5. **Signals Are Not Recommendations:** The alerts and visual signals
(e.g., crossovers) generated by this tool are not direct
recommendations to buy or sell. They are technical observations
for your own analysis and consideration.
