TechnoCharts Supertrend The Supertrend Strategy with Daily Exit at 3:20 PM is a trend-following trading strategy that uses the Supertrend indicator to generate buy and sell signals based on the direction of the trend. Here’s a quick summary of its key elements:
1. Supertrend Indicator
The Supertrend is calculated using the Average True Range (ATR), which is a volatility indicator.
A multiplier (typically set to 3) is applied to the ATR to determine the threshold for trend shifts.
When the price crosses above or below the calculated thresholds (up and down), the trend direction changes.
ATR Period (default: 10) and ATR Multiplier (default: 3.0) are adjustable inputs.
2. Trend and Signal Logic
Buy Signal: Generated when the trend shifts from down to up.
Sell Signal: Generated when the trend shifts from up to down.
These signals are displayed on the chart along with optional labels to highlight buy and sell points.
3. Daily Exit Condition
The strategy includes a time-based exit, which closes any open positions at 3:20 PM each day.
This daily exit helps avoid holding positions overnight and mitigates risk from market gaps.
4. Position Sizing
The strategy uses 100% of equity for each trade by default, which is configurable.
5. Alerts
Alerts are set up for buy, sell, and trend change signals, allowing traders to receive notifications when these events occur.
This strategy is best suited for traders who want to follow trends during the day and avoid holding positions overnight, combining trend-following with a daily closing mechanism to manage risk.
แบนด์และแชนแนล
Market Structure Algo V2 [OmegaTools]The Market Structure Algo V2 (MS Algo V2) is an advanced TradingView indicator developed by OmegaTools to provide traders with a comprehensive analysis of market structure. This tool refines the insights provided by its predecessor, combining enhanced pivot point analysis, dynamic market structure scoring, and zone visualization to deliver an intuitive view of potential market movements. Through custom settings, the MS Algo V2 allows users to tailor the indicator to fit their trading strategies more closely, offering enhanced adaptability to both short-term and long-term trends.
Core Functionality
The MS Algo V2 differentiates between internal and external market structures by analyzing pivot highs and lows over user-defined periods. The internal market structure focuses on shorter timeframes, providing insights into recent price action, while the external structure considers broader trends. This dual-layered approach helps traders distinguish between immediate and overarching market trends.
The indicator introduces improved visualization for areas of interest or zones around pivot points, adjustable through zone distance settings. These zones serve as potential support and resistance areas, helping traders anticipate price reactions at key levels. In addition to the zones, the indicator now provides gradient-based color coding on bars, reflecting the market structure’s bullish or bearish intensity. This visual enhancement aids in quickly interpreting the current trend's strength.
Dynamic signal generation has been refined in MS Algo V2. The indicator now offers both classic signals and breakout signals based on the market structure, including entries, exits, and change-of-character (CHoCH) alerts. Signals are generated based on price interactions with pivot levels, indicating potential long and short opportunities.
Operational Mechanism
The MS Algo V2 calculates pivot highs and lows over specified periods to define internal and external market structures. A market structure score is derived from these pivot points, classifying the market into bullish or bearish extremes. Signals are generated as the closing price interacts with these levels, marking entry and exit points based on the calculated structure.
A new feature in this version is zone visualization, where zones are plotted around a dynamic moving average derived from the exponential and simple moving averages (EMA and SMA). The zones are adjusted based on ATR (Average True Range) and the specified zone distance percentile, providing a clear visual representation of potential support and resistance regions. The external and internal zones are represented with different levels of transparency for quick reference.
Usage Guidelines
To apply the MS Algo V2 to your TradingView charts, adjust the internal and external market structure settings to match your preferred analysis timeframes. The line style and width of each structure can also be customized for a tailored view. The Zone Distance setting allows users to define the percentile range of the zones around the moving average, providing further flexibility in identifying potential areas of support and resistance.
For a color-coded overview of market sentiment, the bar gradient feature can be enabled. This option uses a gradient that reflects the bullish or bearish intensity of the market structure, giving traders a visual cue on the market’s overall trend. Color-coded signals and zone fill areas further assist in interpreting the current market structure and identifying potential trade areas.
The indicator includes customizable alerts for long and short signals, as well as specific breakout alerts (BOS) and change-of-character (CHoCH) signals. These alerts can help traders stay informed about significant market structure changes, supporting timely trading decisions.
Understanding the Indicator’s Originality
The MS Algo V2 stands out due to its robust integration of pivot analysis, zone visualization, and market structure scoring, offering a unique perspective on market dynamics. With features like color-coded signals, bar gradients, and configurable alerts, MS Algo V2 provides an edge in understanding both the current market environment and potential turning points. This indicator’s ability to represent the market’s structure visually makes it a powerful addition to any trader’s toolkit, especially for those seeking a deeper, multi-layered approach to market analysis.
Supertrend @TechnoChartsThe Supertrend Strategy with Daily Exit at 3:20 PM is a trend-following trading strategy that uses the Supertrend indicator to generate buy and sell signals based on the direction of the trend. Here’s a quick summary of its key elements:
1. Supertrend Indicator
The Supertrend is calculated using the Average True Range (ATR), which is a volatility indicator.
A multiplier (typically set to 3) is applied to the ATR to determine the threshold for trend shifts.
When the price crosses above or below the calculated thresholds (up and down), the trend direction changes.
ATR Period (default: 10) and ATR Multiplier (default: 3.0) are adjustable inputs.
2. Trend and Signal Logic
Buy Signal: Generated when the trend shifts from down to up.
Sell Signal: Generated when the trend shifts from up to down.
These signals are displayed on the chart along with optional labels to highlight buy and sell points.
3. Daily Exit Condition
The strategy includes a time-based exit, which closes any open positions at 3:20 PM each day.
This daily exit helps avoid holding positions overnight and mitigates risk from market gaps.
4. Position Sizing
The strategy uses 100% of equity for each trade by default, which is configurable.
5. Alerts
Alerts are set up for buy, sell, and trend change signals, allowing traders to receive notifications when these events occur.
This strategy is best suited for traders who want to follow trends during the day and avoid holding positions overnight, combining trend-following with a daily closing mechanism to manage risk.
Range Box (Close Prices)Wskaznik tworzy range box korzystając z cen zamknięcia ignorując tzw wick, pomocne dla osób grających na wyłamanie z zasięgu w danym czasie
Multi-Timeframe Strategy with Pivots. 1m trend follow breakouts.This is a basic script that shows bullish and bearish pivots above or below the aligning moving averages. It also give an entry indicator when price taps, or crosses a moving average before moving past the corresponding pivot.
This is a personal strategy that in my findings has shown around a 60% win rate when aligned with higher timeframe trend, and high volume times of entry.
This indicator needs refinement, but it is as close as I can get using Ai coding, since I don't know how to code.
If you stumble across this indicator/ strategy and have refinement suggestions, let me know!
Thanks. Happy Trading!
AlphaTrend Strategy(cemamca)kıvançbeyin indikatörü stratejiye dönüştü altında ve gümüşte güzel çalışıyor
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Perfect IndicatorUse 5 mins candle for entry and exit. It is important that you can remove buy and sell entry to avoid confusion, enter buy when the candle close above the green line and sell when the candle close below red line.
Zonas de Volumen, POC, Stop/Take ProfitEste indicador en TradingView, denominado "Zonas de Volumen, POC y Stop/Take Profit", permite visualizar las áreas clave de negociación en un activo, ayudando a identificar puntos estratégicos para gestionar posiciones.
Initial Balance with % height originally created by noop-noopThis TradingView indicator is designed to assist traders in identifying and analyzing the Initial Balance (IB) range, which is defined by the high and low of the first trading session (e.g., the first hour or other specified time) of the trading day. Commonly used by day traders, this opening range indicator provides valuable insights into market sentiment and potential breakout levels.
Key Features:
IB High and Low Lines: Draws horizontal lines at the high (IBH) and low (IBL) of the Initial Balance range to serve as potential support and resistance levels.
Extended Levels: Optionally displays extra levels (multiples of the IB range) above and below the initial balance range, helping traders identify key breakout or breakdown zones.
Intermediate Levels: Adds a 50% level within the IB range to provide a midpoint reference, useful for gauging market direction within the range.
Visual Zone Highlighting: Colors the IB calculation period to visually separate it on the chart.
Dynamic Labeling: Shows percentage-based labels and IB delta analytics for quick reference, including the IB range height as a percentage.
Historical Data Tracking: Analyzes IB range statistics over the past 20 days, displaying maximum, average, and minimum IB deltas to help traders understand typical range behavior.
10 EMA Break with Volume ConfirmationTracks when price breaks above or below 10 EMA with above average volume useful for meaningful breaks above or below as well as false breaks with easy to read icons
enjoy :)
Bollinger Bands and Keltner Channels Highlighted BreakoutsEasy to visualize Bollinger Bands and Keltner Channels with highlighted break outs.
Trading Copter Ribbon EMATrading Copter Ribbon EMA is a versatile technical analysis tool designed to help traders identify trends and potential reversals in the market. This indicator utilizes multiple Exponential Moving Averages (EMAs) with varying lengths to create a dynamic ribbon effect, offering clear visual cues of market direction.
ATH y ATLEste script muestra el nivel de precio máximo y mínimo de la acción del gráfico, con el objetivo de poder efectuar análisis más precisos en los escenarios donde el precio alcanza esos niveles históricos para poder evaluar la posible acción del precio
Magic multiple indicatorThis is a indicator with combination of multiple indicator(like-03 ema, bollinger band, vwap , baby candle), This is only a packet of bunch of indicator not any sureity of profit, I will not be responsible for any kind of profit/loss.(note:- stock name is just a example not any recomndation)
ULTIME RSI Buy/Sell 70%- by Baptiste Impact tradingConditions for Buy/Sell:
1: Do not take trades when the RSI curve is flat (even if there is an indication).
2: Place the stop-loss (SL) a few points above the relevant candle.
3: Use a 2:1 risk-reward (RR) ratio and set break-even (BE) at the entry price once RR1 is reached.
4: Take partial profit at RR2 with 50% closure and let the remaining position run. Cut if there is a change in direction.
Your indicator "Baptiste ULTIME RSI Buy/Sell 70%- Impact Trading" is an advanced tool based on the Relative Strength Index (RSI) designed to display buy and sell signals with specific crossover conditions and a cooldown logic to avoid consecutive signals. It includes:
Enhanced RSI calculated with configurable smoothing methods (EMA, SMA, RMA, TMA).
Trading signals based on bullish and bearish crossovers of the RSI with a signal line, integrating a 15-bar delay between signals to limit the frequency of alerts.
Customizable overbought/oversold levels with zone fill for clear visualization of market extremes.
Visual display of buy/sell signals with arrows and level lines, all presented in a separate window for better readability.
This indicator helps identify potential entry and exit points while reducing false signals through its cooldown logic.
Heikin Ashi Reversal Strategy for Gold with SL/TP//@version=5
indicator("Heikin Ashi Reversal Strategy for Gold with SL/TP", overlay=true)
// Heikin Ashi Calculations (without `request.security`, calculated on the current chart's timeframe)
haClose = (open + high + low + close) / 4
var float haOpen = na
haOpen := na(haOpen ) ? (open + close) / 2 : (haOpen + haClose ) / 2
haHigh = math.max(high, math.max(haOpen, haClose))
haLow = math.min(low, math.min(haOpen, haClose))
// Define Heikin Ashi trend conditions
bullish = ta.crossover(haClose, haOpen) // Bullish signal when haClose crosses above haOpen
bearish = ta.crossunder(haClose, haOpen) // Bearish signal when haClose crosses below haOpen
// Input fields for Take Profit and Stop Loss levels (adjustable for Gold)
tpLevel = input.float(0.5, title="Take Profit (%)") // Example: 0.5% TP
slLevel = input.float(0.3, title="Stop Loss (%)") // Example: 0.3% SL
// Entry price, Take Profit, and Stop Loss calculations
var float entryPrice = na
if (bullish)
entryPrice := close
if (bearish)
entryPrice := close
takeProfit = entryPrice * (1 + tpLevel / 100) // TP based on percentage above entry
stopLoss = entryPrice * (1 - slLevel / 100) // SL based on percentage below entry
// Plot Buy and Sell signals with labels for visibility
plotshape(series=bullish, location=location.belowbar, color=color.green, style=shape.labelup, title="Buy Signal", text="BUY")
plotshape(series=bearish, location=location.abovebar, color=color.red, style=shape.labeldown, title="Sell Signal", text="SELL")
// Plot TP and SL levels
plot(takeProfit, color=color.green, style=plot.style_line, linewidth=1, title="Take Profit")
plot(stopLoss, color=color.red, style=plot.style_line, linewidth=1, title="Stop Loss")
// Optional: Debugging Heikin Ashi values (can be removed if not needed)
plot(haOpen, color=color.blue, title="Heikin Ashi Open")
plot(haClose, color=color.purple, title="Heikin Ashi Close")
Nami Bands with Future Projection [FXSMARTLAB]The Nami Bands ( Inspired by "Nami", meaning "wave" in Japanese) are two dynamic bands around price data: an upper band and a lower band. These bands are calculated based on an Asymmetric Linear Weighted Moving Average of price and a similarly asymmetric weighted standard deviation. This weighting method emphasizes recent data without overreacting to short-term price changes, thus smoothing the bands in line with prevailing market conditions.
Advantages and Benefits of Using the Indicator
* Volatility Analysis: The bands expand and contract with market volatility, helping traders assess periods of high and low volatility. Narrow bands indicate low volatility and potential consolidation, while wide bands suggest increased volatility and potential price movement.
* Dynamic Support and Resistance Levels: By adapting to recent trends, the bands serve as dynamic support (lower band) and resistance (upper band) levels, which traders can use for entry and exit signals.
* Overbought and Oversold Conditions: When prices reach or cross the bands’ outer limits, it may signal overbought (upper band) or oversold (lower band) conditions, suggesting possible reversals or trend slowdowns.
* Trend Confirmation and Continuation: The slope of the central moving average confirms trend direction. An upward slope generally indicates a bullish trend, while a downward slope suggests a bearish trend.
* Anticipating Breakouts and Reversals: The projected bands help identify where price movements may head, allowing traders to anticipate potential breakouts or reversals based on projected support and resistance.
Indicator Parameters
Source (src): The price data used for calculations, by default set to the average of high, low, and close (hlc3).
Length: The period over which calculations are made, defaulted to 50 periods.
Projection Length: The length for future band projection, defaulted to 20 periods.
StdDev Multiplier (mult): A multiplier for the standard deviation, defaulted to 2.0.
Internal Calculations
1. Asymmetric Linear Weighted Moving Average of Price
The indicator uses an Asymmetric Linear Weighted Moving Average (ALWMA) to calculate a central value for the price.
Asymmetric Weighting: This weighting technique assigns the highest weight to the most recent value, with weights decreasing linearly as the data points become older. This structure provides a nuanced focus on recent price trends, while still reflecting historical price levels.
2. Asymmetric Weighted Standard Deviation
The standard deviation in this indicator is also calculated using asymmetric weighting:
Purpose of Asymmetric Weighted Standard Deviation: Rather than aiming for high sensitivity to recent data, this standard deviation measure smooths out volatility by integrating weighted values across the length period, stabilizing the overall measurement of price variability.
This approach yields a balanced view of volatility, capturing broader market trends without being overly reactive to short-lived changes.
3. Upper and Lower Bands
The upper and lower bands are created by adding and subtracting the asymmetric weighted standard deviation from the asymmetric weighted average of price. This creates a dynamic envelope that adjusts to both recent price trends and the smoothed volatility measure:
These bands represent adaptable support and resistance levels that shift with recent market volatility.
Future Band Projection
The indicator provides a projection of the bands based on their current slope.
1. Calculating the Slope of the Bands
The slope for each band is derived from the difference between the current and previous values of each band.
2. Projecting the Bands into the Future
For each period into the future, up to the defined Projection Length, the bands are projected using the current slope.
This feature offers an anticipated view of where support and resistance levels may move, providing insight for future market behavior based on current trends.
Hull MA Crossover Band //@version=5
indicator("Hull MA Crossover Band", overlay=true)
// Inputs
src = input.source(close, title="Source")
length = input.int(55, title="Hull MA Length")
smoothing = input.int(3, title="Smoothing Length") // Additional smoothing to narrow bandwidth
// Function: Hull Moving Average (HMA) Calculation
HMA(_src, _length) =>
ta.wma(2 * ta.wma(_src, _length / 2) - ta.wma(_src, _length), math.round(math.sqrt(_length)))
// Calculate Hull MA with additional smoothing
hullMA = HMA(src, length)
smoothedHullMA = ta.sma(hullMA, smoothing) // Applying extra smoothing for stability
// Define color based on position of candle relative to the Hull MA
hullColor = close > smoothedHullMA ? color.green : color.red
// Plot the Hull MA band with color indicating position of price
plot(smoothedHullMA, color=hullColor, linewidth=2, title="Hull MA Band")
Kushy - EMA (9, 21, 50, 100, 200)Tên chỉ báo: Custom EMA (9, 21, 50, 100, 200)
Mô tả: Đây là chỉ báo EMA tùy chỉnh được thiết kế để giúp người dùng theo dõi xu hướng thị trường bằng cách sử dụng 5 đường EMA phổ biến với các giá trị 9, 21, 50, 100 và 200. Mỗi đường EMA được gán màu sắc riêng để dễ dàng quan sát:
EMA 9: Màu tím - thích hợp cho việc theo dõi biến động ngắn hạn.
EMA 21: Màu cam - giúp xác định xu hướng ngắn hạn và hỗ trợ giao dịch ngắn.
EMA 50: Màu xanh dương - cung cấp tín hiệu trung hạn, thường được sử dụng trong chiến lược swing trading.
EMA 100: Màu xanh lá - cho thấy xu hướng tổng quát trung hạn.
EMA 200: Màu đỏ - biểu thị xu hướng dài hạn, rất hữu ích để đánh giá xu hướng lớn trong thị trường.
Chỉ báo này giúp người dùng dễ dàng xác định xu hướng và tìm điểm vào/ra tiềm năng khi các đường EMA giao nhau hoặc khi giá cắt qua các đường EMA chính. Phù hợp cho cả day trading, swing trading và các chiến lược đầu tư dài hạn.
Hướng dẫn sử dụng:
Các đường EMA ngắn hạn (EMA 9, EMA 21) giúp xác định các tín hiệu giao dịch nhanh, trong khi các đường dài hạn (EMA 50, EMA 100, EMA 200) cung cấp xu hướng tổng thể của thị trường.
Quan sát sự giao nhau của các đường EMA để tìm điểm vào/ra giao dịch.
Khi giá nằm trên các đường EMA dài hạn, đó là tín hiệu của xu hướng tăng; ngược lại, khi giá nằm dưới các đường này, có thể là xu hướng giảm.