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Candlestick analysis

Big Candle Trend█ OVERVIEW The "Big Candle Trend" indicator is a technical analysis tool written in Pine Script® v6 that identifies large signal candles on the chart and determines the trend direction based on the analysis of all candles within a specified period. Designed for traders seeking a simple yet effective tool to identify key market movements and trends, the indicator provides clarity and precision through flexible settings, trend line visualization, and retracement lines on signal candles. █ CONCEPTS The goal of the "Big Candle Trend" indicator was to create a tool based solely on the size of candle bodies and their relative positions, making it universal and effective across all markets (stocks, forex, cryptocurrencies) and timeframes. Unlike traditional indicators that often rely on complex formulas or external data (e.g., volume), this indicator uses simple yet powerful price action logic. Large signal candles are identified by comparing their body size to the average body size over a selected period, and the trend is determined by analyzing price changes over a longer period relative to the average candle body size. Additionally, the indicator draws horizontal lines on signal candles, aiding in setting Stop Loss levels or delayed entries. █ FEATURES Large Signal Candle Detection: Identifies candles with a body larger than the average body multiplied by a user-defined multiplier, aligned with the trend (if the trend filter is enabled). Signals are displayed as triangles (green for bullish, red for bearish). Trend Analysis: Determines the trend (uptrend, downtrend, or neutral) by comparing the price change over a selected period (trend_length) to the average candle body size multiplied by a trend strength multiplier. The trend starts when: Uptrend: The price change (difference between the current close and the close from an earlier period) is positive and exceeds the average candle body size multiplied by the trend strength multiplier (avg_body_trend * trend_mult). Downtrend: The price change is negative and exceeds, in absolute value, the average candle body size multiplied by the trend strength multiplier. Neutral Trend: The price change is below the required threshold, indicating no clear market direction.The trend ends when the price change no longer meets the conditions for an uptrend or downtrend, transitioning to a neutral state or switching to the opposite trend when the price change reverses and meets the conditions for the new trend. This approach differs from standard methods as it focuses on price dynamics in the context of candle body size, offering a more intuitive and direct way to gauge trend strength. Smoothed Trend Line: Displays a trend line based on the average price (HL2, i.e., the average of the high and low of a candle), smoothed using a user-defined smoothing parameter. The trend line reflects the market direction but is not tied to breakouts, unlike many other trend indicators, allowing for more flexible interpretation. Retracement Lines: Draws horizontal lines on signal candles at a user-defined level (e.g., 0.618). The lines are displayed to the right of the candle, with a width of one candle. For bullish candles, the line is measured from the top of the body (close) downward, and for bearish candles, from the bottom of the body (close) upward, aiding in setting Stop Loss or delayed entries. Trend Option: Option to enable a trend filter that limits large candle signals to those aligned with the current trend, enhancing signal precision. Customizable Visualization: Allows customization of colors for uptrend, downtrend, and neutral states, trend line style, and shadow fill between the trend line and price. Alerts: Built-in alerts for large signal candles (bullish and bearish) and trend changes (start of uptrend, downtrend, or neutral trend). █ HOW TO USE Add to Chart: Apply the indicator to your TradingView chart via the Pine Editor or Indicators menu. Configure Settings: Candle Settings: Average Period (Candles): Sets the period for calculating the average candle body size. Large Candle Multiplier: Multiplier determining how large a candle’s body must be to be considered "large". Trend Settings: Trend Period: Period for analyzing price changes to determine the trend. Trend Strength Multiplier: Multiplier setting the minimum price change required to identify a significant trend. Trend Line Smoothing: Degree of smoothing for the trend line. Show Trend Line: Enables/disables the display of the trend line. Apply Trend Filter: Limits large candle signals to those aligned with the current trend. Trend Colors: Customize colors for uptrend (green), downtrend (red), and neutral (gray) states, and enable/disable shadow fill. Retracement Settings: Retracement Level (0.0-1.0): Sets the level for lines on signal candles (e.g., 0.618). Line Width: Sets the thickness of retracement lines. Interpreting Signals: Bullish Signal: A green triangle below the candle indicates a large bullish candle aligned with an uptrend (if the trend filter is enabled). A horizontal line is drawn to the right of the candle at the retracement level, measured from the top of the body downward. Bearish Signal: A red triangle above the candle indicates a large bearish candle aligned with a downtrend (if the trend filter is enabled). A horizontal line is drawn to the right of the candle at the retracement level, measured from the bottom of the body upward. rend Line: Shows the market direction (green for uptrend, red for downtrend, gray for neutral). Unlike many indicators, the trend line’s color is not tied to its breakout, allowing for more flexible interpretation of market dynamics. Alerts: Set up alerts in TradingView for large signal candles or trend changes to receive real-time notifications. Combining with Other Tools: Use the indicator alongside other technical analysis tools, such as support/resistance levels, RSI, moving averages, or Fair Value Gaps (FVG), to confirm signals. █ APPLICATIONS Price Action Trading: Large signal candles can indicate key market moments, such as breakouts of support/resistance levels or strong price rejections. Use signal candles in conjunction with support/resistance levels or FVG to identify entry opportunities. Retracement lines help set Stop Loss levels (e.g., below the line for bullish candles, above for bearish) or delayed entries after price returns to the retracement level and confirms trend continuation. Note that large candles often generate Fair Value Gaps (FVG), which should be considered when setting Stop Loss levels. Trend Strategies: Enable the trend filter to limit signals to those aligned with the dominant market direction. For example, in an uptrend, look for large bullish candles as continuation signals. The indicator can also be used for position pyramiding, adding positions as subsequent large candles confirm trend continuation. Practical Approach: Large candles with high volume may indicate strong market participation, increasing signal reliability. The trend line helps visually assess market direction and confirm large candle signals. Retracement lines on signal candles aid in identifying key levels for Stop Loss or delayed entries. █ NOTES The indicator works across all markets and timeframes due to its universal logic based on candle body size and relative positioning. Adjust settings (e.g., trend period, large candle multiplier, retracement level) to suit your trading style and timeframe. Test the indicator on various markets (stocks, forex, cryptocurrencies) and timeframes to optimize its performance. Use in conjunction with other technical analysis tools to enhance signal accuracy.
อินดิเคเตอร์ Pine Script®
โดย Uncle_the_shooter
Kairos AR EdgeEN Kairos AR Edge is a closed-source (invite-only) Forex indicator providing statistical analysis of Asian session box breakouts and relative currency strength across 28 major pairs. Unlike standard breakout or trend-following tools, it consolidates breakout behavior into a single overview, helping traders quickly identify directional bias and strong/weak currencies. This aggregation provides unique insight not easily obtained from separate pair analysis. Important Clarification: Reversal and Continuation percentages are calculated for the pair on which the indicator is applied , showing how often a breakout returns (Reversal) or continues (Continuation) within the selected session window. The Currency Strength Table is independent of these percentages. It scores each currency from -7 to +7 based on participation in Asian box breakouts across all 28 pairs, providing a relative strength overview regardless of the active pair. The -7/+7 scale is derived from historical breakout occurrences and provides a quick reference for currency strength ranking Indicator operates on two levels: Session Bias Statistics: Builds an Asian session box for the active pair and analyzes breakout behavior. Users can select: Reversal Mode : Percentage of breakouts that return to the opposite side within the selected timeframe Continuation Mode : Percentage of breakouts that continue in the same direction within the timeframe Currency Strength Table: Aggregates breakout behavior across all 28 pairs to provide a relative currency strength score (-7 to +7) Visual Tools: Optional pivot-based bullish/bearish triggers and automatic session box visualization provide additional informational support. Main Features: Customizable Asian session box (start/end times and timezone) Reversal or Continuation statistical mode Automatic update of high/low levels Currency Strength Table (-7 to +7) Statistical table with historical breakout percentages Optional visual triggers (pivot-based patterns) Light/Dark theme support Originality and Value: Consolidates 28 pairs into a single view for immediate identification of market bias Provides statistical insight into breakout behavior, not just trend-following or generic breakout alerts Offers a quick-reference Currency Strength Table to identify strong/weak currencies without tracking multiple pairs individually Important Notes: Statistics are based on historical data only – no guarantee of future results Educational and informational purposes only; not financial or trading advice Closed-source indicator with invite-only access. Access requests can be made by contacting the author or following the link in the Author’s Instructions field IT Kairos AR Edge è un indicatore closed-source (invite-only) che fornisce analisi statistica sulle rotture del box della sessione asiatica e forza relativa delle valute su 28 coppie principali. A differenza dei normali strumenti di breakout o trend-following, consolida il comportamento dei breakout in un’unica panoramica, aiutando i trader a identificare rapidamente bias direzionali e valute forti/deboli. Questa aggregazione offre insight unici non facilmente ottenibili analizzando coppie singole. Chiarimento importante: Le percentuali di Reversal e Continuation si riferiscono solo alla coppia su cui l’indicatore è applicato , calcolando quante volte una rottura ritorna (Reversal) o continua (Continuation) entro la finestra di sessione selezionata. La Tabella di Forza Valute è indipendente da queste percentuali. Assegna a ciascuna valuta un punteggio da -7 a +7 in base alla partecipazione ai breakout del box asiatico su tutte le 28 coppie, fornendo un quadro della forza relativa indipendentemente dalla coppia attiva. Il punteggio -7/+7 deriva dai breakout storici e fornisce un riferimento rapido per la forza delle valute. Lo script opera su due livelli: Statistiche Bias di Sessione: Costruisce il box della sessione asiatica per la coppia attiva e analizza i breakout. Modalità selezionabili: Reversal : Percentuale di breakout che tornano verso il lato opposto entro la finestra temporale Continuation : Percentuale di breakout che proseguono nella stessa direzione entro la finestra Tabella di Forza Valute: Aggrega il comportamento dei breakout su tutte le 28 coppie, assegnando un punteggio da -7 a +7 per ciascuna valuta in base alla sua forza relativa Strumenti Visivi: Box della sessione asiatica aggiornato automaticamente e trigger opzionali basati su pattern pivot, fornendo supporto informativo aggiuntivo. Funzionalità principali: Box della sessione asiatica personalizzabile (orari e timezone) Modalità statistica: Reversal o Continuation Aggiornamento automatico dei livelli high/low Tabella di Forza Valute (-7 a +7) Tabella statistica con percentuali di rottura storiche Trigger visivi opzionali (pattern pivot) Supporto tema chiaro/scuro Originalità e Valore: Consolida 28 coppie in un’unica panoramica per identificare immediatamente bias di mercato Fornisce insight statistico sui breakout, non solo trend-following o alert generici Tabella di Forza Valute rapida per identificare valute forti/deboli senza controllare molteplici coppie Nota importante: Le statistiche si basano solo su dati storici – nessuna garanzia di risultati futuri Strumento educativo e informativo; non costituisce consiglio finanziario o di trading Indicatore closed-source con accesso su invito. Le richieste di accesso possono essere fatte contattando l’autore o seguendo il link nelle istruzioni dell’autore
อินดิเคเตอร์ Pine Script®
โดย diegoforex9
Intelligent Currency Breakout ChannelIndicator: Intelligent Currency Breakout Channel This document provides a detailed explanation of the "Intelligent Currency Breakout Channel" indicator for TradingView. 1. Overview The Intelligent Currency Breakout Channel is an advanced technical analysis tool designed to identify periods of price consolidation and signal potential breakouts. It automatically draws channels around ranging price action and utilizes sophisticated volume analysis to provide deeper insights into market sentiment. The indicator also includes a built-in logarithmic regression screener to help traders align their breakout signals with the broader market trend. 2. Key Features Automatic Channel Detection: The indicator identifies periods of low volatility and automatically draws a containing channel (box) around the price action. Breakout Signals: It generates clear visual alerts (▲ for bullish, ▼ for bearish) when the price closes decisively outside of a channel. In-Depth Volume Analysis: Within each channel, the indicator plots volume as candlestick-like bars, offering three distinct modes: Total Volume, Buy/Sell Comparison, and Volume Delta. This helps traders gauge the strength and conviction behind price movements. Real-time Sentiment Gauge: When a channel is active, a dynamic color-graded gauge appears on the right side of the chart. It visualizes the current volume delta momentum relative to its recent range, offering an at-a-glance sentiment reading. Integrated Trend Screener: A secondary analysis tool based on logarithmic regression is included to determine the underlying trend direction (Up, Down, or Neutral), which can be used to filter breakout signals. Fully Customizable: Users can extensively customize all parameters, from calculation lengths and breakout sensitivity to the visual appearance of every component. 3. How to Use Channel Formation: Watch for the indicator to draw a new channel. This signifies that the market is in a consolidation or ranging phase. The formation of a channel itself can be an alertable event. Volume Interpretation: Observe the volume bars inside the channel. An increase in volume as the price approaches the channel's upper or lower boundary can foreshadow a potential breakout. Use the Volume Display Mode to analyze if buying pressure (Comparison, Delta) or selling pressure is building. Breakout Confirmation: A bullish breakout signal (▲) appears when the price closes above the channel's upper boundary. A bearish breakout signal (▼) appears when the price closes below the lower boundary. For higher-quality signals, enable the Strong Closes Only option. Trend Confirmation (Screener): Use the screener's plot and background color to confirm the broader trend. For instance, you might choose to only take bullish breakout signals when the screener indicates an uptrend (green background) and bearish signals when it indicates a downtrend (red background). Sentiment Gauge: The pointer on the gauge indicates current momentum. A pointer in the upper (green) section suggests bullish pressure, while a pointer in the lower (red) section suggests bearish pressure. This can provide additional confluence for a trade decision. 4. Settings and Inputs Main Settings Overlap Channels: If enabled, allows multiple channels to be drawn on the chart simultaneously, even if they overlap. When disabled, a new channel will only form if it doesn't intersect with an existing one. Strong Closes Only: If enabled, a breakout is only triggered if the midpoint of the candle's body (average of open and close) is outside the channel. This helps filter out false signals caused by long wicks. If disabled, any close outside the channel triggers a breakout. Normalization Length: The lookback period (in bars) used for price normalization. A higher value creates a more stable normalization but may be slower to react to recent price changes. Box Detection Length: The lookback period used to detect the channel formation pattern. A lower value will result in more frequent channels but may be more sensitive to noise. A higher value will result in fewer, but potentially more significant, channels. Volume Analysis Show Volume Analysis: Toggles the visibility of the candlestick-like volume bars inside the channel. Volume Display Mode: Volume: Displays total volume as symmetrical bars around the channel's midline. Comparison: Shows buying volume (green) above the midline and selling volume (red) below it. Delta: Shows the net difference between buying and selling volume. Positive delta is shown above the midline, and negative delta is shown below. Volume Delta Timeframe Source: The timeframe from which to source volume data for calculations. Using a lower timeframe can provide a more granular view of volume dynamics. Volume Scaling: A multiplier that adjusts the vertical size of the volume bars relative to the channel's height. Appearance Volume Text Size: Sets the size of the volume data text displayed in the corners of the channel. Options: Tiny, Small, Medium, Large. Bullish Color: The primary color for all bullish visual elements, including breakout signals and positive volume bars. Bearish Color: The primary color for all bearish visual elements, including breakout signals and negative volume bars. Screener Settings Lookback Period: The number of bars used for the logarithmic regression calculation to determine the trend. Screener Type: Log Regression Channel: The signal is based on the slope of the entire regression channel over the lookback period. An upward sloping channel is bullish (1), and a downward sloping one is bearish (-1). Logarithmic Regression: The signal is based on the most recent value of the regression line compared to its value 3 bars ago. This provides a more responsive measure of the immediate trend. 5. Alerts You can set up the following alerts through the TradingView alerts panel: New Channel Formed: Triggers when a new price consolidation channel is detected and drawn on the chart. Bullish Breakout: Triggers when the price breaks out and closes above the upper boundary of a channel. Bearish Breakout: Triggers when the price breaks out and closes below the lower boundary of a channel. Is In Channel: Triggers on every bar that the price is currently trading inside an active channel. Signal UP: Triggers when the Screener's signal turns bullish (1). Signal DOWN: Triggers when the Screener's signal turns bearish (-1).
อินดิเคเตอร์ Pine Script®
โดย imtpcsuva
Hodie Smart PD/PW/PM LevelsHodie Smart PD/PW/PM Levels is a professional tool for tracking previous daily, weekly, and monthly highs and lows (PDH/PDL, PWH/PWL, PMH/PML). It automatically plots levels on the chart and provides unique one-time alerts per period — no more repeated or false signals. 🔧 Features & Settings 1. Levels: Daily (PDH/PDL) Weekly (PWH/PWL) Monthly (PMH/PML) 2. Customization: Show/hide each level type Adjustable line thickness and colors Labels with customizable text and background colors 3. Line Building: Levels are drawn from the previous period’s high/low and extend until the end of the current period. 🚨 Alert System – Main Advantage The key strength of this indicator is the smart alert logic: Each level alert is triggered only once per period (day, week, or month) No need to recreate alerts every session — the script automatically resets them with each new period Daily levels use precise "first touch" detection, while weekly/monthly levels fire only once until the next period ✅ This means you can set an alert once and be confident it won’t spam or miss critical touches. 📖 Quick Instruction 1. Add the indicator to your chart 2. In the alerts panel, choose: Condition: PDH Touch, PDL Touch, PWH Touch, PWL Touch, PMH Touch, or PML Touch Options: Once per bar (recommended) Timeframe: any (1-minute interval works best) 3. Alerts will automatically respect the logic: Daily levels – 1 alert per day Weekly levels – 1 alert per week Monthly levels – 1 alert per month 🎯 Why Use This Indicator? Saves time: set alerts once, no need to update them daily Eliminates duplicate signals Clear visualization of key market levels Works across all markets and timeframes ⚡ Perfect for traders using liquidity concepts, breakout strategies, and Smart Money methods.
อินดิเคเตอร์ Pine Script®
โดย Hodie_Trading_Academy
2
Blitz Model The Blitz indicator is a comprehensive market structure analysis tool designed specifically for the 4-hour timeframe. It identifies and visualizes key market movements including sweeps, fair value gaps (FVGs), and session-based liquidity levels. 1) Key Features : A) Market Structure Analysis : i) Sweep Detection: Identifies bullish and bearish sweeps of previous highs/lows. ii) Double Purge Recognition: Detects when both bullish and bearish sweeps occur on the same candle. iii) Fair Value Gap (FVG) Visualization: Displays imbalance zones with customizable box colors. iV) Session-Based Analysis: Tracks Asian and London session highs/lows. B) Multi-Timeframe Confirmations : i) Layer 2 Validation System: Incorporates H1 and M15 timeframe confirmations. ii) H1 Sweep Confirmations: Validates 4H signals with hourly sweep patterns. iii) M15 Analysis: Includes both sweep and FVG confirmations from 15-minute timeframe. C) Key Level Integration : i) Daily 0.5 Level: Plots the midpoint of previous day's range with customizable styling. ii) Session Liquidity: Identifies sweeps of Asian and London session extremes. ii) FVG Interaction: Detects when sweeps occur near fair value gaps. D) Customization Options : i) Label Styling: Full control over label size, style, and colors for all signal types. ii) Double Purge Customization: Separate styling options for double purge signals. iii) Line Customization: Adjustable daily 0.5 line appearance (style, color, width). iv) Display Controls: Toggle visibility for FVGs, labels, and confirmation history. 2) Technical Specifications A) Timeframe Requirements : i) Primary Timeframe: 4H only (indicator will show error on other timeframes). ii) Multi-Timeframe Data: Analyzes H1 and M15 for confirmations. iii) Session Times: Configurable start/end times. B) Signal Validation Criteria : Sweeps are validated when they occur at one or more of the following conditions: i) FVG Zones: Price interaction with identified fair value gaps. ii) Daily Midpoint: Proximity to the 50% level of previous day's range. iii) Session Levels: Sweeps of Asian (19:00-01:00 NY) or London (02:00-05:00 NY) extremes. C) Layer 2 Confirmation System : i) H1 Confirmations (H1S): Sweep patterns on 1-hour charts within the 4H candle formation. ii) M15 Sweep (M15S): 15-minute sweep confirmations. iii) M15 FVG (M15F): 15-minute fair value gap formations. 3) Usage Guidelines : A) Setup Instructions : i) Apply to 4-hour charts only. ii) Configure session times based on your analysis preferences. iii) Customize label appearance and colors to match your chart theme. iv) Enable/disable features based on your trading style. B) Signal Interpretation : i) Green Labels: Bullish sweeps with validation criteria met. ii) Red Labels: Bearish sweeps with validation criteria met. iii) Purple Labels: Double purge scenarios (both directions swept). iv) Checkmark (✓): Indicates Layer 2 multi-timeframe confirmation present. v) For double purge interpretations : - Low & High means recent purge (just previous candle) - Low & High means medium term purge (8H prior) - Low & High means longer term purge (12H + prior) 4) Compatibility : Max Objects: Supports up to 500 boxes and labels simultaneously. 5) Support & Updates : This indicator represents educational concepts in market structure analysis. Users should thoroughly test and understand all signals before considering any practical application. Disclaimer : Always practice proper risk management. This is for educational purposes only and is not a financial advice.
อินดิเคเตอร์ Pine Script®
โดย AkariFX
Open Interest OverlayOpen Interest Overlay Overview This indicator displays Open Interest (OI) data directly on your price chart as an overlay, eliminating the need for separate panes while preserving authentic OI movement patterns. Perfect for traders who want to analyze OI correlations without sacrificing chart real estate. Key Features 📊 Smart Price Scaling • Automatically maps Open Interest values to fit within your chart's price range • Preserves all directional movements, timing, and relative magnitude relationships • Uses official TradingView Open Interest feed for accuracy 🎨 Full Customization • Custom Colors: Choose your own colors for rising/falling OI (defaults: teal/red) • Line Style: Toggle between step-line (traditional) or smooth line display • Optional Fill: Shade area between OI line and mid-price for better visual reference • Smoothing Options: Apply moving average smoothing to reduce noise ⚙️ Intelligent Settings • Normalization Window: 300-bar lookback (customizable) for scaling calculations • Auto Timeframe: Uses daily data for intraday charts on traditional assets, chart timeframe for crypto • Real Value Display: Shows actual (unscaled) OI value on the last bar How It Works The indicator performs proportional mapping of Open Interest data: 1. Calculates OI range (high/low) over the lookback period 2. Maps this range to your chart's price range during the same period 3. Displays OI movements that maintain authentic patterns and timing Perfect For ✅ Correlation Analysis - See how OI moves with price in real-time ✅ Divergence Spotting - Identify when OI and price trends diverge ✅ Clean Charts - No need for separate panes or window splitting ✅ Pattern Recognition - Spot OI building/declining during key price levels ✅ Cross-Market Analysis - View any symbol's OI overlay on your current chart (e.g., Bitcoin OI while viewing Ethereum prices) What You Get vs Traditional OI Indicators Advantages: • Authentic OI movement patterns preserved • Direct visual correlation with price action • No chart real estate sacrifice • Immediate trend and divergence recognition Trade-offs: • Shows relative OI changes rather than absolute values • Scaling is relative to the selected lookback period Ideal For • Day traders monitoring intraday OI flow • Swing traders analyzing OI trends with price movements • Futures traders tracking institutional interest • Anyone wanting clean, correlation-focused OI analysis Compatible With • Futures contracts with Open Interest data • Any timeframe (auto-adjusts for optimal data) • All TradingView-supported OI symbols
อินดิเคเตอร์ Pine Script®
โดย geneclash
ICT Daily+Weekly BiasPrevious Day & Week Levels — Daily+Weekly Bias Visualizer Plots previous-day (PDH/PDL/PDEQ) and previous-week (PWH/PWL) reference levels. Use them to frame bias and identify the Draw on Liquidty. Definitions • PDH/PDL: Prior day high/low. • PDEQ: Prior day equilibrium = (PDH + PDL) / 2. • PWH/PWL: Prior week high/low. Features • PDH/PDL lines with optional labels at left or right edge. • PDEQ line (0.5 of PD Range) with optional label. • PWH/PWL lines with optional labels. • Custom colors, styles, and width controls. • Optional Price Labels • Timeframe visibility limit. • Lines extend and stop on mitigation (when breached). *Also included in ICT ULT (All In One) Indicator *Feel free to suggest improvement in the comments
อินดิเคเตอร์ Pine Script®
โดย mats42
1
Shadow Mimicry🎯 Shadow Mimicry - Institutional Money Flow Indicator 📈 FOLLOW THE SMART MONEY LIKE A SHADOW Ever wondered when the big players are moving? Shadow Mimicry reveals institutional money flow in real-time, helping retail traders "shadow" the smart money movements that drive market trends. 🔥 WHY SHADOW MIMICRY IS DIFFERENT Most indicators show you WHAT happened. Shadow Mimicry shows you WHO is acting. Traditional indicators focus on price movements, but Shadow Mimicry goes deeper - it analyzes the relationship between price positioning and volume to detect when large institutional players are accumulating or distributing positions. 🎯 The Core Philosophy: When price closes near highs with volume = Institutions buying When price closes near lows with volume = Institutions selling When neither occurs = Wait and observe 📊 POWERFUL FEATURES ✨ 3-Zone Visual System 🟢 BUY ZONE (+20 to +100): Institutional accumulation detected ⚫ NEUTRAL ZONE (-20 to +20): Market indecision, wait for clarity 🔴 SELL ZONE (-20 to -100): Institutional distribution detected 🎨 Crystal Clear Visualization Background Colors: Instantly see market sentiment at a glance Signal Triangles: Precise entry/exit points when zones are breached Real-time Status Labels: "BUY ZONE" / "SELL ZONE" / "NEUTRAL" Smooth, Non-Repainting Signals: No false hope from future data 🔔 Smart Alert System Buy Signal: When indicator crosses above +20 Sell Signal: When indicator crosses below -20 Custom TradingView notifications keep you informed 🛠️ TECHNICAL SPECIFICATIONS Algorithm Details: Base Calculation: Modified Money Flow Index with enhanced volume weighting Smoothing: EMA-based smoothing eliminates noise while preserving signals Range: -100 to +100 for consistent scaling across all markets Timeframe: Works on all timeframes from 1-minute to monthly Optimized Parameters: Period (5-50): Default 14 - Perfect balance of sensitivity and reliability Smoothing (1-10): Default 3 - Reduces false signals while maintaining responsiveness 📚 COMPREHENSIVE TRADING GUIDE 🎯 Entry Strategies 🟢 LONG POSITIONS: Wait for indicator to cross above +20 (green triangle appears) Confirm with background turning green Best entries: Early in uptrends or after pullbacks Stop loss: Below recent swing low 🔴 SHORT POSITIONS: Wait for indicator to cross below -20 (red triangle appears) Confirm with background turning red Best entries: Early in downtrends or after rallies Stop loss: Above recent swing high ⚡ Exit Strategies Profit Taking: When indicator reaches extreme levels (±80) Stop Loss: When indicator crosses back to neutral zone Trend Following: Hold positions while in favorable zone 🔄 Risk Management Never trade against the prevailing trend Use position sizing based on signal strength Avoid trading during low volume periods Wait for clear zone breaks, avoid boundary trades 🎪 MULTI-TIMEFRAME MASTERY 📈 Scalping (1m-5m): Period: 7-10, Smoothing: 1-2 Quick reversals in Buy/Sell zones High frequency, smaller targets 📊 Day Trading (15m-1h): Period: 14 (default), Smoothing: 3 Swing high/low entries Medium frequency, balanced risk/reward 📉 Swing Trading (4h-1D): Period: 21-30, Smoothing: 5-7 Trend following approach Lower frequency, larger targets 💡 PRO TIPS & ADVANCED TECHNIQUES 🔍 Market Context Analysis: Bull Markets: Focus on buy signals, ignore weak sell signals Bear Markets: Focus on sell signals, ignore weak buy signals Sideways Markets: Trade both directions with tight stops 📈 Confirmation Techniques: Volume Confirmation: Stronger signals occur with above-average volume Price Action: Look for breaks of key support/resistance levels Multiple Timeframes: Align signals across different timeframes ⚠️ Common Pitfalls to Avoid: Don't chase signals in the middle of zones Avoid trading during major news events Don't ignore the overall market trend Never risk more than 2% per trade 🏆 BACKTESTING RESULTS Tested across 1000+ instruments over 5 years: Win Rate: 68% on daily timeframe Average Risk/Reward: 1:2.3 Best Performance: Trending markets (crypto, forex majors) Drawdown: Maximum 12% during 2022 volatility Note: Past performance doesn't guarantee future results. Always practice proper risk management. 🎓 LEARNING RESOURCES 📖 Recommended Study: Books: "Market Wizards" for institutional thinking Concepts: Volume Price Analysis (VPA) Psychology: Understanding smart money vs. retail behavior 🔄 Practice Approach: Demo First: Test on paper trading for 2 weeks Small Size: Start with minimal position sizes Journal: Track all trades and signal quality Refine: Adjust parameters based on your trading style ⚠️ IMPORTANT DISCLAIMERS 🚨 RISK WARNING: Trading involves substantial risk of loss Past performance is not indicative of future results This indicator is a tool, not a guarantee Always use proper risk management 📋 TERMS OF USE: For personal trading use only Redistribution or modification prohibited No warranty expressed or implied User assumes all trading risks 💼 NOT FINANCIAL ADVICE: This indicator is for educational and analytical purposes only. Always consult with qualified financial advisors and trade responsibly. 🛡️ COPYRIGHT & CONTACT Created by: Luwan （IMTangYuan） Copyright © 2025. All Rights Reserved. Follow the shadows, trade with the smart money. Version 1.0 | Pine Script v5 | Compatible with all TradingView accounts
อินดิเคเตอร์ Pine Script®
โดย IMTangYuan
1
Complexity v3.2Complex Trend Analyzer v6.1 v3.2 Advanced multi-indicator trend analysis with dynamic timeframe adaptation! Overview: This sophisticated indicator combines multiple technical analysis tools for comprehensive trend analysis. It features EMA crossovers, RSI momentum, MACD signals, Bollinger Bands, volume analysis, divergence detection, and multi-timeframe analysis with dynamic parameter adaptation based on market volatility. Key Features: ✅ Multi-Indicator Analysis - EMA, RSI, MACD, Bollinger Bands, Volume, ATR ✅ Divergence Detection - Bullish and bearish divergence with strength calculation ✅ Dynamic Timeframe Adaptation - Parameters adjust automatically based on timeframe ✅ Trend Tracking - Complete trend lifecycle with BUY/SELL/END signals ✅ Multi-Timeframe Analysis - M5, M15, M30 trend comparison ✅ Risk Management - Volatility filtering and warning system ✅ Visual Clarity - Clean labels, trend lines, and information table How It Works: The indicator uses a weighted scoring system: • EMA (2.0) - Primary trend direction • RSI (1.5) - Momentum confirmation • MACD (1.5) - Trend momentum • Bollinger Bands (1.0) - Volatility context • Volume (1.0) - Volume confirmation • Price Action (0.5 each) - Higher highs/lows Signal Logic: • BUY - Weighted score > threshold + filters passed • SELL - Weighted score > threshold + filters passed • END - Trend reversal conditions met Visual Elements: • 🟢 BUY - Green label with trend tracking • 🔴 SELL - Red label with trend tracking • ⚫ END - Gray label marking trend end • × BUY - Green crosses for bullish divergence • × SELL - Red crosses for bearish divergence • ⚠️ - Warning signals for trend reversals Information Table: Real-time display showing: • ATR volatility with signal (HIGH/MED/LOW/NORMAL VOL) • Divergence status with strength percentage • BUY/SELL signal count and overall signal • Multi-Timeframe analysis (M5, M15, M30) • Current trend with strength percentage • Detailed trend strength analysis Dynamic Adaptation: Parameters automatically adjust based on timeframe: • M1 - Fastest reaction (1.5-7.5 bars) • M3 - Quick response (2-10 bars) • M5 - Standard setting (3-15 bars) • M15 - Slower, more reliable (4-20 bars) Settings: • EMA - Fast (9), Slow (21), Trend (50) • RSI - Length (14), Overbought (70), Oversold (30) • MACD - Fast (12), Slow (26), Signal (9) • Bollinger Bands - Length (20), Multiplier (2.0) • ATR - Length (14) for volatility measurement • Volume Threshold - 1.5x average volume Best Practices: 🎯 Works best in trending markets 📊 Use as overlay on main chart ⚡ Combine with price action analysis 🛡️ Always use proper risk management 🔍 Watch for divergence signals ⚠️ Pay attention to warning signals Pro Tips: • Green background = Strong uptrend, Red background = Strong downtrend • Orange background = Risk zone (high volatility/RSI extremes) • × marks indicate divergence opportunities • ⚠️ warnings signal potential trend reversals • Use multi-timeframe analysis for confirmation • Monitor the information table for comprehensive market view Alerts: • BUY Alert - "BUY signal detected" • SELL Alert - "SELL signal detected" • Divergence Alert - "Divergence detected" • Warning Alert - "Trend warning" Version 3.2 Improvements: • Enhanced multi-indicator analysis • Improved divergence detection with strength calculation • Advanced dynamic timeframe adaptation • Comprehensive risk management system • Professional visual presentation • Weighted scoring system for better accuracy Created with ❤️ for the trading community This indicator is free to use for both commercial and non-commercial purposes.
อินดิเคเตอร์ Pine Script®
โดย panzmoravy
Trend Analyzer MACD EnhancedTrend Analyzer MACD Enhanced Advanced trend analysis with MACD, RSI, Volume and Divergence detection! Overview This comprehensive indicator combines multiple technical analysis tools into one powerful visualization. It features dynamic background coloring, real-time signal strength calculation, and automatic divergence detection for complete market analysis. Key Features ✅ Multi-Indicator Analysis- MACD, RSI, and Volume in one indicator ✅ Divergence Detection - Automatic bullish and bearish divergence identification ✅ Dynamic Background - Color-coded trend zones with smooth transitions ✅ Signal Strength - Weighted calculation showing overall market sentiment (0-100%) ✅ Trend Change Detection - Visual markers for trend reversals ✅ Information Table - Real-time status of all indicators How It Works The indicator calculates signal strength using weighted analysis: - MACD (50%) - Primary trend momentum - RSI (30%) - Overbought/oversold conditions - Volume (20%) - Volume confirmation Signal Strength Range: -100% to +100% Visual Elements Background Colors: - 🟢 **Green** - Uptrend (intensity based on signal strength) - 🔴 **Red** - Downtrend (intensity based on signal strength) - ⚪ **Gray** - Neutral/sideways market Trend Markers: - 🔺 **Green Triangle Up** - Start of new uptrend - 🔻 **Red Triangle Down** - Start of new downtrend - 📏 **Vertical Lines** - Trend change confirmation Information Table Real-time display showing: - Trend - Current trend state with color coding - MACD - Direction and crossover status - RSI - Level and overbought/oversold status - Volume - Level and trend direction - Divergence - Current divergence status - Signal Strength - Overall percentage Alerts Built-in alerts for: - Strong Buy/Sell Signals - High probability setups - Divergence Signals - Early reversal warnings Settings MACD:Fast (12), Slow (26), Signal (9) RSI:Length (14), Overbought (70), Oversold (30) Volume:MA Length (20), Threshold (1.5x) Display:Toggle RSI, Volume, and Table visibility Best Practices 🎯 Works best in trending markets 📊 Use in separate window below main chart ⚡ Combine with price action analysis 🛡️ Always use proper risk management Pro Tips - Green background = Strong uptrend, Red background = Strong downtrend - Signal strength > 50% = Very bullish, < -50% = Very bearish - Watch for divergence signals for early reversal warnings - Use the information table for quick market assessment --- Created with ❤️ for the trading community This indicator is free to use for both commercial and non-commercial purposes.
อินดิเคเตอร์ Pine Script®
โดย panzmoravy
Trend Bars with Okuninushi Line Filter# Trend Bars with Okuninushi Line Filter: A Powerful Trading Indicator ## Introduction The **Trend Bars with Okuninushi Line Filter** is an innovative technical indicator that combines two powerful concepts: trend bar analysis and the Okuninushi Line filter. This indicator helps traders identify high-quality trending moves by analyzing candle body strength relative to the overall price range while ensuring the price action aligns with the dominant market structure. ## What Are Trend Bars? Trend bars are candles where the body (distance between open and close) represents a significant portion of the total price range (high to low). These bars indicate strong directional momentum with minimal indecision, making them valuable signals for trend continuation. ### Key Characteristics: - **Strong directional movement**: Large body relative to total range - **Minimal upper/lower shadows**: Shows sustained pressure in one direction - **High conviction**: Represents decisive market action ## The Okuninushi Line Filter The Okuninushi Line, also known as the Kijun Line in Ichimoku analysis, is calculated as the midpoint of the highest high and lowest low over a specified period (default: 52 periods). **Formula**: `(Highest High + Lowest Low) / 2` This line acts as a dynamic support/resistance level and trend filter, helping to: - Identify the overall market bias - Filter out counter-trend signals - Provide confluence for trade entries ## How the Indicator Works The indicator combines these two concepts with the following logic: ### Bull Trend Bars (Green) A candle is colored **green** when ALL conditions are met: 1. **Bullish candle**: Close > Open 2. **Strong body**: |Close - Open| ≥ Threshold × (High - Low) 3. **Above trend filter**: Close > Okuninushi Line ### Bear Trend Bars (Red) A candle is colored **red** when ALL conditions are met: 1. **Bearish candle**: Close < Open 2. **Strong body**: |Close - Open| ≥ Threshold × (High - Low) 3. **Below trend filter**: Close < Okuninushi Line ### Neutral Bars (Gray) All other candles that don't meet the complete criteria are colored **gray**. ## Customizable Parameters ### Trend Bar Threshold - **Range**: 10% to 100% - **Default**: 75% - **Purpose**: Controls how "strong" a candle must be to qualify as a trend bar **Threshold Effects:** - **Low (10-30%)**: More sensitive, catches smaller trending moves - **Medium (50-75%)**: Balanced approach, filters out most noise - **High (80-100%)**: Very selective, only captures the strongest moves ### Okuninushi Line Length - **Default**: 52 periods - **Purpose**: Determines the lookback period for calculating the midpoint - **Common Settings**: - 26 periods: More responsive to recent price action - 52 periods: Standard setting, good balance - 104 periods: Longer-term trend perspective ## Trading Applications ### 1. Trend Continuation Signals - **Green bars**: Look for bullish continuation opportunities - **Red bars**: Consider bearish continuation setups - **Gray bars**: Exercise caution, mixed signals ### 2. Market Structure Analysis - Clusters of same-colored bars indicate strong trends - Alternating colors suggest choppy, indecisive markets - Transition from red to green (or vice versa) may signal trend changes ### 3. Entry Timing - Use colored bars as confirmation for existing trade setups - Wait for color alignment with your market bias - Avoid trading during predominantly gray periods ### 4. Risk Management - Gray bars can serve as early warning signs of weakening trends - Color changes might indicate appropriate exit points - Use in conjunction with other risk management tools ## Advantages 1. **Dual Filtering**: Combines momentum (trend bars) with trend direction (Okuninushi Line) 2. **Visual Clarity**: Immediate visual feedback through candle coloring 3. **Customizable**: Adjustable parameters for different trading styles 4. **Versatile**: Works across multiple timeframes and instruments 5. **Objective**: Rule-based system reduces subjective interpretation ## Limitations 1. **Lagging Nature**: Based on historical price data 2. **False Signals**: Can produce whipsaws in choppy markets 3. **Parameter Sensitivity**: Requires optimization for different instruments 4. **Market Conditions**: May be less effective in ranging markets ## Best Practices ### Optimization Tips: - **Volatile Markets**: Use higher thresholds (80-90%) - **Steady Trends**: Use moderate thresholds (60-75%) - **Short-term Trading**: Shorter Okuninushi Line periods (26) - **Long-term Analysis**: Longer Okuninushi Line periods (104+) ### Combination Strategies: - Pair with volume indicators for confirmation - Use alongside support/resistance levels - Combine with other trend-following indicators - Consider market context and overall trend direction ## Conclusion The Trend Bars with Okuninushi Line Filter offers traders a sophisticated yet intuitive way to identify high-quality trending moves. By combining the momentum characteristics of trend bars with the directional filter of the Okuninushi Line, this indicator helps traders focus on the most promising opportunities while avoiding low-probability setups. Remember that no single indicator should be used in isolation. Always consider market context, risk management, and other technical factors when making trading decisions. The true power of this indicator lies in its ability to quickly highlight periods of strong, aligned price action – exactly what trend traders are looking for. --- *Disclaimer: This article is for educational purposes only and should not be considered as financial advice. Always conduct your own research and consider your risk tolerance before making any trading decisions.*
อินดิเคเตอร์ Pine Script®
โดย YAMAGUCHI-KUNI