Dynamic Intensity Transition Oscillator (DITO)The Dynamic Intensity Transition Oscillator (DITO) is a comprehensive indicator designed to identify and visualize the slope of price action normalized by volatility, enabling consistent comparisons across different assets. This indicator calculates and categorizes the intensity of price movement into six states—three positive and three negative—while providing visual cues and alerts for state transitions.
Components and Functionality
1. Slope Calculation
- The slope represents the rate of change in price action over a specified period (Slope Calculation Period).
- It is calculated as the difference between the current price and the simple moving average (SMA) of the price, divided by the length of the period.
2. Normalization Using ATR
- To standardize the slope across assets with different price scales and volatilities, the slope is divided by the Average True Range (ATR).
- The ATR ensures that the slope is comparable across assets with varying price levels and volatility.
3. Intensity Levels
- The normalized slope is categorized into six distinct intensity levels:
High Positive: Strong upward momentum.
Medium Positive: Moderate upward momentum.
Low Positive: Weak upward movement or consolidation.
Low Negative: Weak downward movement or consolidation.
Medium Negative: Moderate downward momentum.
High Negative: Strong downward momentum.
4. Visual Representation
- The oscillator is displayed as a histogram, with each intensity level represented by a unique color:
High Positive: Lime green.
Medium Positive: Aqua.
Low Positive: Blue.
Low Negative: Yellow.
Medium Negative: Purple.
High Negative: Fuchsia.
Threshold levels (Low Intensity, Medium Intensity) are plotted as horizontal dotted lines for visual reference, with separate colors for positive and negative thresholds.
5. Intensity Table
- A dynamic table is displayed on the chart to show the current intensity level.
- The table's text color matches the intensity level color for easy interpretation, and its size and position are customizable.
6. Alerts for State Transitions
- The indicator includes a robust alerting system that triggers when the intensity level transitions from one state to another (e.g., from "Medium Positive" to "High Positive").
- The alert includes both the previous and current states for clarity.
Inputs and Customization
The DITO indicator offers a variety of customizable settings:
Indicator Parameters
Slope Calculation Period: Defines the period over which the slope is calculated.
ATR Calculation Period: Defines the period for the ATR used in normalization.
Low Intensity Threshold: Threshold for categorizing weak momentum.
Medium Intensity Threshold: Threshold for categorizing moderate momentum.
Intensity Table Settings
Table Position: Allows you to position the intensity table anywhere on the chart (e.g., "Bottom Right," "Top Left").
Table Size: Enables customization of table text size (e.g., "Small," "Large").
Use Cases
Trend Identification:
- Quickly assess the strength and direction of price movement with color-coded intensity levels.
Cross-Asset Comparisons:
- Use the normalized slope to compare momentum across different assets, regardless of price scale or volatility.
Dynamic Alerts:
- Receive timely alerts when the intensity transitions, helping you act on significant momentum changes.
Consolidation Detection:
- Identify periods of low intensity, signaling potential reversals or breakout opportunities.
How to Use
- Add the indicator to your chart.
- Configure the input parameters to align with your trading strategy.
Observe:
The Oscillator: Use the color-coded histogram to monitor price action intensity.
The Intensity Table: Track the current intensity level dynamically.
Alerts: Respond to state transitions as notified by the alerts.
Final Notes
The Dynamic Intensity Transition Oscillator (DITO) combines trend strength detection, cross-asset comparability, and real-time alerts to offer traders an insightful tool for analyzing market conditions. Its user-friendly visualization and comprehensive alerting make it suitable for both novice and advanced traders.
Disclaimer: This indicator is for educational purposes and is not financial advice. Always perform your own analysis before making trading decisions.
ניתוח מגמה
MACD Histogram Strategy by Narsa MACD Histogram Strategy Description:
This strategy uses the MACD histogram to identify potential buy and sell signals based on momentum shifts in the market. It operates as follows:
- **Entry Signal (Long):** The strategy enters a long position when the MACD histogram crosses above the zero line, indicating a shift towards bullish momentum.
- **Exit Signal:** The strategy exits the long position when the MACD histogram crosses below the zero line, suggesting a potential shift towards bearish momentum or weakening bullish momentum.
The strategy aims to capitalize on momentum trends by entering trades when upward momentum strengthens and exiting when it weakens. It is designed to work best in trending markets, where momentum shifts are more pronounced.
Duyen_SuperTrendChỉ báo ‘Siêu xu hướng’ có thể được sử dụng trên thị trường cổ phiếu, tương lai hoặc ngoại hối, hoặc thậm chí là thị trường tiền điện tử và cũng trên biểu đồ hàng ngày, hàng tuần và hàng giờ, nhưng nhìn chung, nó không hiệu quả trong thị trường đi ngang.
Chức năng nguồn được thêm vào để sử dụng chỉ báo làm chỉ báo ATR Trailing Stop.
Chỉ cần thay đổi loại nguồn hl2 thành đóng.
các biến thể khác nhau có thể hữu ích.
Currency Strength Indicator LUX TRADING ACADEMYMisura la forza relativa delle valute mettendole a confronto
Currency Strength Indicator LUX TRADING ACADEMYMisura la forza relativa delle valute e le mette a confronto
Duyen_SuperTrendBot dựa trên nhiều dữ liệu đầu vào để đưa ra phân tích xu thế thị trường - giúp người dùng tham khảo trước khi đưa ra quyết định sử dụng .
Currency Strength Indicator LUX TRADING ACADEMYMisura la forza relativa delle valute e mette queste ultime a confronto
Multiple Higher Time Frame Indicator ToolThe Multiple Higher Time Frame Indicator Tool is a comprehensive TradingView script designed for traders who rely on multi-time frame analysis. It overlays key higher time frame (HTF) levels and data directly onto charts, offering clear insights into market structure and dynamics. This tool is especially useful for traders focusing on weekly, daily, and intraday strategies.
Key Features:
Multi-Time Frame Analysis:
Displays critical levels like open, high, low, and close from multiple higher time frames.
Tracks and visualizes weekly candle structures, including expiry-related data.
Visual Overlays:
Plots lines for Open Range Breakout (ORB) levels, HTF highs and lows, and other essential data.
Dynamically updates to reflect changes in market conditions.
Customizable Settings:
User-configurable inputs for selecting higher time frames, display options, and calculation preferences.
Adjustable visualization for intraday and session-based levels.
Profitability Tracking:
Includes features to calculate and display profit and loss (PnL) using tailored tables.
Tracks session performance and supports decision-making with profitability data.
Holiday and Expiry Handling:
Automatically adjusts expiry data for holidays and market closures.
Includes logic for fallback scenarios like Friday or Monday holidays.
Efficient Data Management:
Utilizes advanced Pine Script structures such as arrays and tables for streamlined processing.
Ensures accurate data representation with optimized performance.
Error Prevention:
Built-in checks prevent errors when incompatible time frames are selected.
Use Cases:
Day Traders: Gain a better understanding of intraday trends using HTF reference levels.
Swing Traders: Identify key weekly and daily levels to plan entries and exits.
Options Traders: Use expiry candle data and ORB levels for precise trading strategies.
This tool is essential for traders who need a reliable, visually intuitive way to incorporate higher time frame insights into their technical analysis.
Long-Only Donchian Channel Breakout with ATR Stop
Long Only Strategy Indicator
Donchian Channel Breakout
Customizable lookback period and ATR multiple stop loss
Background color whether should be long or short
ICT Digital open Daily DividersDescription for "ICT Digital Open Daily Dividers" TradingView Indicator
Overview
The "ICT Digital Open Daily Dividers" is a versatile and comprehensive TradingView Pine Script indicator designed for traders who utilize Institutional Order Flow methodologies, particularly in ICT (Inner Circle Trader) trading. This indicator provides a structured visual framework to assist traders in identifying key daily market sessions, critical opening prices, and distinguishing different trading days, especially focusing on the Sunday open, which is a crucial element in the ICT trading strategy.
Core Functionalities
Daily Vertical Lines: The script plots vertical lines at the start of each trading day, which helps to demarcate daily trading sessions. These lines are customizable, allowing traders to choose their color, style (solid, dashed, or dotted), and width. This feature helps in visually segmenting each trading day, making it easier to analyze daily price action patterns.
Sunday Open Differentiation: Unlike many other daily divider indicators, this script uniquely provides the option to highlight the Sunday open at 6 PM EST with distinct lines. This feature is especially valuable for ICT traders who consider the Sunday open as a critical reference point for weekly analysis. The color, style, and width of the Sunday open lines can be set separately, providing a clear visual distinction from regular weekday separators.
12 AM Open Toggle: For markets that are influenced by midnight opens, the indicator includes an option to shift the daily open line to 12 AM instead of the default 6 PM. This flexibility allows traders to adapt the indicator to different market dynamics or trading strategies.
Timezone Customization: The indicator allows traders to set the timezone for the open lines, ensuring that the vertical lines align accurately with the trader’s specific market hours, whether they follow New York time or any other timezone.
Session Time Filters: The script can hide or show specific trading session markers, such as the New York session open and close, which are pivotal for ICT traders. These markers help in focusing on the most active and liquid trading times.
Customizable Style Settings: The script includes comprehensive styling options for the plotted lines and session markers, allowing traders to personalize their charts to suit their visual preferences and improve clarity.
Day of the Week Labels: The indicator can plot labels for each day of the week, providing a quick reference to the day’s price action. This feature is particularly useful in reviewing weekly trading patterns and performance.
Use in ICT Trading
In ICT trading, the concept of the "open" is fundamental. The "ICT Digital Open Daily Dividers" indicator serves multiple purposes:
Market Structure Identification: By clearly marking daily opens, traders can easily identify market structure changes such as breakouts, retracements, or consolidations around these key levels.
Reference Points: The Sunday open is often a key level in ICT analysis, serving as a benchmark for assessing market direction for the upcoming week. This indicator’s ability to plot Sunday opens separately makes it uniquely suited for ICT strategies.
Time-based Analysis: ICT methodology often involves analyzing the market at specific times of the day. This indicator supports such analysis by marking significant session opens and closes.
Uniqueness and Advantages
The "ICT Digital Open Daily Dividers" stands out from other similar indicators due to its specialized features:
Sunday Open Highlighting: Few indicators offer the capability to specifically mark the Sunday open with distinct styling options.
Flexibility in Time Adjustments: With options to adjust the open time to either 6 PM or 12 AM, this indicator caters to a broader range of trading strategies and market conditions.
Enhanced Visualization: The wide range of customization options ensures that traders can tailor the indicator to their specific needs, enhancing the usability and visual clarity of their charts.
Compliance with TradingView's Pine Script Community Guidelines
The description adheres to TradingView's guidelines by being comprehensive, clear, and informative. It highlights the utility of the script, its unique features, and its application in trading strategies without making exaggerated claims about performance or profitability. The detailed customization options and unique functionalities are emphasized to differentiate this script from other standard daily divider indicators.
Turbo Futures NQThis market structure strategy for NQ Futures optimized for Electronic Trading Hours.
Entry condition identified by bearish and bullish market structure.
This strategy identifies potential breakouts and reversals based on price interaction with resistance levels. It initiates long positions when the price closes above a recent resistance level, signaling a potential breakout. Conversely, it triggers short positions when the price reaches a resistance level, anticipating a potential reversal. To manage risk and define profit targets, the strategy employs an Average True Range (ATR)-based stop-loss and take-profit mechanism, dynamically adjusting to market volatility.
Real life trading is not get rich scheme. It is continuous process that involves various steps and dedication. If you are willing to take this path please PM me to enable the strategy for you.
You can also support us by automating your trading on collective2: collective2.com
ADX (levels)This Pine Script indicator calculates and displays the Average Directional Index (ADX) along with the DI+ and DI- lines to help identify the strength and direction of a trend. The script is designed for Pine Script v6 and includes customizable settings for a more tailored analysis.
Features:
ADX Calculation:
The ADX measures the strength of a trend without indicating its direction.
It uses a smoothing method for more reliable trend strength detection.
DI+ and DI- Lines (Optional):
The DI+ (Directional Index Plus) and DI- (Directional Index Minus) help determine the direction of the trend:
DI+ indicates upward movement.
DI- indicates downward movement.
These lines are disabled by default but can be enabled via input settings.
Customizable Threshold:
A horizontal line (hline) is plotted at a user-defined threshold level (default: 20) to highlight significant ADX values that indicate a strong trend.
Slope Analysis:
The slope of the ADX is analyzed to classify the trend into:
Strong Trend: Slope is higher than a defined "medium" threshold.
Moderate Trend: Slope falls between "weak" and "medium" thresholds.
Weak Trend: Slope is positive but below the "weak" threshold.
A background color changes dynamically to reflect the strength of the trend:
Green (light or dark) indicates trend strength levels.
Custom Colors:
ADX color is customizable (default: pink #e91e63).
Background colors for trend strength can also be adjusted.
Independent Plot Window:
The indicator is displayed in a separate window below the price chart, making it easier to analyze trend strength without cluttering the main price chart.
Parameters:
ADX Period: Defines the lookback period for calculating the ADX (default: 14).
Threshold (hline): A horizontal line value to differentiate strong trends (default: 20).
Slope Thresholds: Adjustable thresholds for weak, moderate, and strong trend slopes.
Enable DI+ and DI-: Boolean options to display or hide the DI+ and DI- lines.
Colors: Customizable colors for ADX, background gradients, and other elements.
How to Use:
Identify Trend Strength:
Use the ADX value to determine the strength of a trend:
Below 20: Weak trend.
Above 20: Strong trend.
Analyze Trend Direction:
Enable DI+ and DI- to check whether the trend is upward (DI+ > DI-) or downward (DI- > DI+).
Dynamic Slope Detection:
Use the background color as a quick visual cue to assess trend strength changes.
This indicator is ideal for traders who want to measure trend strength and direction dynamically while maintaining a clean and organized chart layout.
SOPR | RocheurIntroducing Rocheur’s SOPR Indicator
The Spent Output Profit Ratio (SOPR) indicator by Rocheur is a powerful tool designed for analyzing Bitcoin market dynamics using on-chain data. By leveraging SOPR data and smoothing it through short- and long-term moving averages, this indicator provides traders with valuable insights into market behavior, helping them identify trends, reversals, and potential trading opportunities.
Understanding SOPR and Its Role in Trading
SOPR is a metric derived from on-chain data that measures the profit or loss of spent outputs on the Bitcoin network. It reflects the behavior of market participants based on the price at which Bitcoin was last moved. When SOPR is above 1, it indicates that outputs are being spent at a profit. Conversely, values below 1 suggest that outputs are being spent at a loss.
Rocheur’s SOPR indicator enhances this raw data by incorporating short-term and long-term smoothed trends, allowing traders to observe shifts in market sentiment and momentum.
How It Works
Data Source: The indicator uses SOPR data from Glassnode’s BTC_SOPR metric, updated daily.
Short-Term Trend (STH SOPR):
A Double Exponential Moving Average (DEMA) is applied over a customizable short-term length (default: 150 days).
This reflects recent market participant behavior.
Long-Term Trend (1-Year SOPR):
A Weighted Moving Average (WMA) is applied over a customizable long-term length (default: 365 days).
This captures broader market trends and investor behavior.
Trend Comparison:
Bullish Market: When STH SOPR exceeds the 1-year SOPR, the market is considered bullish.
Bearish Market: When STH SOPR falls below the 1-year SOPR, the market is considered bearish.
Neutral Market: When the two values are equal, the market is neutral.
Visual Representation
The indicator provides a color-coded visual representation for easy trend identification:
Green Bars: Indicate a bullish market where STH SOPR is above the 1-year SOPR.
Red Bars: Represent a bearish market where STH SOPR is below the 1-year SOPR.
Gray Bars: Show a neutral market condition where STH SOPR equals the 1-year SOPR.
The dynamic bar coloring allows traders to quickly assess the prevailing market sentiment and adjust their strategies accordingly.
Customization & Parameters
The SOPR Indicator offers several customizable settings to adapt to different trading styles and preferences:
Short-Term Length: Default set to 150 days, defines the smoothing period for the STH SOPR .
Long-Term Length: Default set to 365 days, defines the smoothing period for the 1-year SOPR.
Color Modes: Choose from seven distinct color schemes to personalize the indicator’s appearance.
Final Note
Rocheur’s SOPR Indicator is a unique tool that combines on-chain data with technical analysis to provide actionable insights for Bitcoin traders. Its ability to blend short- and long-term trends with a visually intuitive interface makes it an invaluable resource for navigating market dynamics. As with all indicators, backtesting and integration into a comprehensive strategy are essential for optimizing performance.
SMC breakout With EMAThis indicator is based on the breakout of the BOS and CHOCH levels at SMC method.
You can change the amount of candles of BOS or CHOCH.
This indicator also includes EMA, that you can use it for confirmation of buy or sell transaction.
Also you can use super trend features on this indicator for following your profit.
This indicator is based on the breakdown of the bass and choke points in it.
And this feature allows you to use this indicator in Forex trading as well.
Comprehensive Chart AnalysisThis indicator provides a comprehensive overview of the current market situation by analyzing various technical indicators and patterns. It aims to help traders identify potential trading opportunities by presenting key insights in an organized table.
Features:
Trend Analysis: Identifies the short-term, medium-term, and long-term trends based on closing prices.
Divergence Detection: Detects bullish and bearish divergences between price and RSI, MACD, and Stochastic Oscillator.
Support/Resistance Zones: Calculates and displays potential support and resistance zones based on swing highs/lows and ATR.
Demand/Supply Zones: Identifies potential demand and supply zones based on price action and volume.
Volume Analysis: Analyzes volume changes to identify potential breakouts or trend confirmations.
Candlestick Patterns: Detects bullish and bearish engulfing patterns.
Moving Averages: Includes analysis of 20, 50, and 200 period moving averages and crossovers.
Bollinger Bands: Detects breakouts from Bollinger Bands.
ADX: Calculates the Average Directional Index (ADX) to assess trend strength.
Table Display: Presents the analysis results in a clear and organized table, with customizable position.
Settings:
Analysis Periods (int): The number of bars to look back for analysis (default: 200).
ATR Multiplier (float): Multiplier for ATR used in calculating support/resistance zones (default: 1.5).
Demand Zone Length (int): The number of bars to consider for demand/supply zone calculations (default: 10).
Volume Threshold (float): The multiplier for average volume used to identify significant volume increases (default: 1.2).
Table Position (string): Allows you to choose the position of the table on the chart.
How it Works:
Identifying Trends: Show how the indicator identifies upward, downward, and neutral trends on different timeframes.
Spotting Divergences: Illustrate examples of bullish and bearish divergences detected by the script.
Support/Resistance Zones: Show how the indicator plots support and resistance zones and how price interacts with them.
Demand/Supply Zones: Provide examples of how the indicator identifies demand and supply zones.
Analyzing Volume: Demonstrate how the indicator analyzes volume in relation to price movements.
Detecting Candlestick Patterns: Show examples of how the script identifies bullish and bearish engulfing patterns.
Moving Average Analysis: Illustrate how the indicator uses moving averages to identify potential trend changes.
Bollinger Band Breakouts: Show examples of how the script detects breakouts from Bollinger Bands.
ADX Interpretation: Explain how to interpret the ADX values provided by the indicator.
Important Notes:
This indicator is intended for informational and educational purposes only. It should not be considered financial advice.
The effectiveness of the signals provided by this indicator may vary depending on market conditions and other factors.
Always conduct your own research and use proper risk management techniques before making any trading decisions.
Backtest this indicator on historical data to evaluate its performance before using it for live trading.
[ADDYad] Google Search Trends - Bitcoin (2012 Jan - 2025 Jan)This Pine Script shows the Google Search Trends as an indicator for Bitcoin from January 2012 to January 2025, based on monthly data retrieved from Google Trends. It calculates and displays the relative search interest for Bitcoin over time, offering a historical perspective on its popularity mainly built for BITSTAMP:BTCUSD .
Important note: This is not a live indicator. It visualizes historical search trends based on Google Trends data.
Key Features:
Data Source : Google Trends (Last retrieved in January 10 2025).
Timeframe : The script is designed to be used on a monthly chart, with the data reflecting monthly search trends from January 2012 to January 2025. For other timeframes, the data is linearly interpolated to estimate the trends at finer resolutions.
Purpose : This indicator helps visualize Bitcoin's search interest over the years, offering insights into public interest and sentiment during specific periods (e.g., major price movements or news events).
Data Handling : The data is interpolated for use on non-monthly timeframes, allowing you to view search trends on any chart timeframe. This makes it versatile for use in longer-term analysis or shorter timeframes, despite the raw data being available only on a monthly basis. However, it is most relevant for Monthly, Weekly, and Daily timeframes.
How It Works:
The script calculates the number of months elapsed since January 1, 2012, and uses this to interpolate Google Trends data values for any given point in time on the chart.
The linear interpolation function adjusts the monthly data to provide an approximate trend for intermediate months.
Why It's Useful:
Track Bitcoin's historic search trends to understand how interest in Bitcoin evolved over time, potentially correlating with price movements.
Correlate search trends with price action and other market indicators to analyze the effects of public sentiment and sentiment-driven market momentum.
Final Notes:
This script is unique because it shows real-world, non-financial dataset (Google Trends) to understand price action of Bitcoin correlating with public interest. Hopefully is a valuable addition to the TradingView community.
ADDYad
