Doji Detector By NattawatThis indicator is designed to detect Doji candlesticks on your chart and draw horizontal lines at the Open and Close prices of the Doji candlesticks. You can customize the number of bars to wait before drawing these horizontal lines after a Doji is detected. These horizontal lines will help you easily identify and analyze the points where Doji candlesticks occur on your chart.
Candlestick analysis
AEGIS TRADING SIGNALAEGIS TRADING SIGNAL RSI Calculation: Tính chỉ số RSI dựa trên giá đóng cửa với độ dài mặc định là 14.
RSI Higher Lows: Kiểm tra RSI tạo 3 đáy cao dần, tất cả đều nằm dưới ngưỡng 20.
Price Lower Lows: Kiểm tra đường giá tạo 3 đáy thấp dần.
Buy Signal: Khi cả hai điều kiện trên thỏa mãn, chỉ báo hiển thị tín hiệu mua (hình tam giác nhỏ màu xanh lá cây bên dưới nến).
RSI Visualization: Vẽ đường RSI và ngưỡng 20 để bạn dễ quan sát.
Kamal 5 Tick Trading SetupKamal 5 Tick Trading Setup
The "Kamal 5 Tick Trading Setup" is a custom indicator designed by Kamal Preet Singh Trader for TradingView to identify potential Buy and Sell signals on daily forex charts. This indicator helps traders make informed decisions based on the price action of the previous five daily candles.
Indicator Logic:
Buy Signal: A Buy signal is generated when the closing price of the current candle exceeds the highest high of the previous five daily candles.
Sell Signal: A Sell signal is generated when the closing price of the current candle falls below the lowest low of the previous five daily candles.
Features:
Lookback Period: The indicator uses a lookback period of five candles to determine the highest high and lowest low.
Visual Signals: Buy signals are plotted as green "BUY" labels below the candles, while Sell signals are plotted as red "SELL" labels above the candles.
Debugging Plots: The highest high and lowest low of the previous five candles are plotted as blue and orange lines, respectively, to help verify the conditions for Buy and Sell signals.
Non-Repetitive Signals: The indicator ensures that once a Buy signal is given, no further Buy signals are generated until a Sell signal is given, and vice versa.
Usage:
Apply the indicator to your daily forex chart in TradingView.
Observe the plotted Buy and Sell signals to identify potential entry and exit points.
Use the debugging plots to ensure the conditions for the signals are being met correctly.
This indicator provides a straightforward approach to trading based on recent price action, helping traders capitalize on potential breakout and breakdown opportunities.
Noteworthy CandlesticksThis indicator identifies noteworthy candlestick formations by analyzing the proportions of a candlestick’s body, wicks, and shadows in relation to its total range. It highlights specific patterns to assist in analyzing potential market activity.
Key Features
Lower Wick Candles: It identifies candlesticks with long lower wicks, which may indicate price rejection at lower levels.
Upper Wick Candles: It detects candlesticks with long upper wicks, which may indicate price rejection at higher levels.
Doji Candles: It recognizes candlesticks with small bodies relative to their range, often associated with market indecision.
Definitions of Wicks and Shadows
In traditional candlestick charting, the terms wick and shadow are interchangeable, referring to the thin lines extending above and below the candlestick's body. However, this indicator uses distinct definitions:
Wicks represent the distance from the edges of the candlestick body (the open and close prices) to the high or low.
Shadows measure the distance from the closing price to the high or low of the candlestick.
By distinguishing between wicks and shadows, the indicator provides separate insights into price extremes (wicks) and price behavior around the close (shadows).
How It Works
The indicator evaluates each candlestick against user-defined thresholds for wick and shadow length. It compares the overall range of the candlestick to the ATR (Average True Range) to ensure patterns are relevant in the context of recent volatility.
Candlesticks with noteworthy lower wicks are marked with a symbol below the bar.
Candlesticks with noteworthy upper wicks are marked with a symbol above the bar.
Doji candles are marked with symbols both above and below the bar.
Applications
This indicator can assist traders in identifying potential areas of price reversal, rejection, or indecision. It can also provide additional context when used alongside other technical tools like volume analysis, trendlines, or support and resistance levels.
Acknowledgment
This description was written by ChatGPT to facilitate the understanding of the indicator's features and functionality.
ELC Indicator**ELC Indicator – Enigma Liquidity Concept**
The ELC Indicator is a cutting-edge tool designed for traders who want to leverage price action and liquidity concepts for high-precision trading opportunities. Unlike conventional indicators that rely purely on trend-following or oscillatory methods, ELC incorporates a unique combination of market structure, Fibonacci retracement levels, and dynamic EMA filtering to detect key buy and sell zones. This original approach helps traders capture the most relevant market movements and anticipate potential reversals with higher confidence.
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### **What the ELC Indicator Does**
The primary goal of the ELC Indicator is to identify liquidity zones and plot Fibonacci-based levels around detected buy or sell signals. It continuously monitors price action to identify instances where significant liquidity grabs occur, signaled by breakouts beyond recent highs or lows. Once a signal is detected, the indicator plots horizontal lines at key Fibonacci ratios (0%, 25%, 50%, 75%, 100%, 120%, and 180%) to give traders a clear visual framework for potential retracement or extension levels.
Additionally, the indicator includes a dynamic EMA filter, which ensures that buy signals are only triggered when the price is above the EMA and sell signals when the price is below the EMA. This filtering mechanism helps reduce false signals in choppy markets and aligns trades with the broader trend direction.
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### **Key Features**
1. **Buy & Sell Signals**
- Buy signals are generated when a liquidity grab occurs below the previous low, and the closing price is above the candle body midpoint and the EMA.
- Sell signals are triggered when a liquidity grab occurs above the previous high, and the closing price is below the candle body midpoint and the EMA.
- Visual cues are provided via small upward (green) and downward (red) triangles on the chart.
2. **Fibonacci Levels**
- For each buy or sell signal, the indicator plots multiple horizontal lines at key Fibonacci levels. These levels can help traders set realistic profit targets and stop-loss levels.
- The plotted lines can be customized in terms of style (solid, dotted, dashed) and color (buy and sell line colors).
3. **Dynamic EMA Filtering**
- A customizable EMA filter is integrated into the logic to align trades with the prevailing trend.
- The EMA length is adjustable, allowing traders to fine-tune the indicator based on their trading style and market conditions.
4. **Alert System**
- Alerts can be enabled for both buy and sell signals, ensuring traders never miss an opportunity even when away from the screen.
- Alerts are triggered once per bar, ensuring timely notifications without excessive noise.
5. **Customizable Signal Visibility**
- Traders can toggle the visibility of the last 9 buy and sell signals. When this option is disabled, only the most recent signal is displayed, helping to declutter the chart.
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### **How to Use the ELC Indicator**
- **Trend Following**: The ELC Indicator works well in trending markets by filtering signals based on the EMA direction. Traders can use the plotted Fibonacci levels to enter trades, set profit targets, and manage risk.
- **Reversal Trading**: The liquidity grab detection mechanism allows traders to capture potential market reversals. By waiting for price retracements to key Fibonacci levels after a signal, traders can enter trades with a favorable risk-to-reward ratio.
- **Scalping & Day Trading**: With its ability to plot key intraday levels and generate real-time alerts, the ELC Indicator is particularly useful for scalpers and day traders looking to exploit short-term market inefficiencies.
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### **Concepts Underlying the Calculations**
1. **Liquidity Grabs**: The ELC Indicator’s core logic is based on detecting instances where the market moves beyond a recent high or low, triggering a liquidity grab. This often signals a potential reversal or continuation, depending on broader market conditions.
2. **Fibonacci Ratios**: Once a signal is detected, key Fibonacci levels are plotted to provide traders with actionable zones for trade entries, profit targets, or stop-loss placements.
3. **EMA Filtering**: The EMA acts as a dynamic trend filter, ensuring that signals are aligned with the dominant market direction. This reduces the likelihood of entering trades against the prevailing trend.
---
### **Why ELC is Unique**
The ELC Indicator stands out by combining multiple powerful trading concepts—liquidity, Fibonacci ratios, and EMA filtering—into a single tool that provides actionable and visually intuitive information. Unlike traditional trend-following indicators that lag behind price action, ELC proactively identifies key market turning points based on liquidity events. Its customizable features, real-time alerts, and comprehensive plotting of Fibonacci levels make it a versatile tool for traders across various styles and timeframes.
Whether you're a scalper looking for intraday opportunities or a swing trader aiming to capture larger moves, the ELC Indicator offers a robust framework for identifying and executing high-probability trades.
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### **How to Get Started**
1. Add the ELC Indicator to your chart.
2. Customize the EMA length, line colors, and style based on your preference.
3. Enable alerts to receive real-time notifications of buy and sell signals.
4. Use the plotted Fibonacci levels to plan your trade entries, profit targets, and stop-loss levels.
5. Combine the signals from ELC with your existing market analysis for optimal results.
---
This unique approach makes the ELC Indicator a valuable tool for traders seeking precision, clarity, and consistency in their trading decisions.
Advanced Pivot Point Dashboard📊 Advanced Pivot Point Dashboard 📊
This indicator is designed to help you analyze key price levels using Pivot Points, Support, and Resistance levels. It combines visual lines on the chart with a detailed table for a comprehensive trading experience. Here's what it offers:
🎯 Key Features:
📈 Pivot Point Calculation:
Automatically calculates the Pivot Point (P) and Support/Resistance Levels (S1, S2, S3, R1, R2, R3) based on the previous day's high, low, and close prices.
📊 Table with Key Levels:
Displays all levels in a clean and organized table.
Shows the distance (%) of the current price from each level.
Includes a trend indicator (Bullish 🟢, Bearish 🔴, or Neutral ⚪) based on the price relative to the pivot point.
📏 Visual Lines on the Chart:
Draws horizontal lines for all key levels (Pivot Point, Supports, and Resistances).
Lines are automatically updated daily.
⚠️ Visual Alerts:
If the price is near a key level (within the specified alert distance), a warning icon (⚠️) appears in the table.
🔖 Optional Labels:
You can enable labels on the chart to easily identify each level (P, R1, R2, R3, S1, S2, S3).
🛠️ How to Use:
Add the Indicator:
Copy and paste the code into the Pine Script editor in TradingView.
Add the indicator to your chart.
Customize Inputs:
Show Labels: Toggle labels on the chart.
Alert Distance (%): Set the percentage distance for visual alerts.
Analyze Key Levels:
Use the lines on the chart to identify potential support and resistance zones.
Refer to the table for detailed information about each level, including distance and trend direction.
Set Alerts:
Use the warning icons (⚠️) in the table to identify when the price is approaching a key level.
📋 Table Columns:
Level: The name of the level (e.g., Pivot Point, R1, S2).
Price: The price value of the level.
Distance (%): How far the current price is from the level (in percentage).
Trend: Bullish 🟢, Bearish 🔴, or Neutral ⚪.
Alert: A warning icon (⚠️) if the price is near the level.
🚀 Why Use This Indicator?:
Comprehensive Analysis: Combines visual and tabular data for a complete view of key levels.
Customizable: Adjust the alert distance and toggle labels as needed.
Easy to Use: Perfect for both beginners and experienced traders.
📝 Example:
If the price is near R1, you'll see a warning icon (⚠️) in the table and a horizontal line on the chart.
The table will show the distance (%) from R1 and whether the trend is Bullish 🟢 or Bearish 🔴.
📌 Pro Tip:
Combine this indicator with other tools like moving averages or volume analysis for even better trading decisions!
Let me know if you have any questions or need further assistance! Happy trading! 🚀📈😊
9:30 AM 1-Min OrbThis indicator maps out the 1-Min orb automatically at market open on any product. this can be used for the 1-Min opening range breakout
FORMULA ENGULFING PATTERN BY SADAF AZMATThis indicator detects Bullish and Bearish Formula Engulfing patterns based purely on price action and volume, without any other technical indicators involved. When a pattern is detected, it visually marks the chart with background color changes and arrows for easy identification.
Candle VolumeThis indicator gives gives candle volume represented in X.Y format for simplicity.
100% = 1.0
20% = 0.2
Anything 10X is represented by an arrow up or down based on candle price delta open to close.
By default, a 500 candle lookback of volume is used excluding exteem outliers of 50.
You can adjust these in settings.
反彈三次突破策略策略說明 (Strategy Explanation)
英文 (English)
This strategy is called "反彈三次突破策略" (Three Rebound Breakthrough Strategy). It is designed to identify and trade based on three consecutive price drops followed by a rebound, ensuring certain conditions are met before entering a trade. The key components and conditions of this strategy are as follows:
Moving Averages (MAs):
Fast MA: The short-term moving average (e.g., 5 periods).
Slow MA: The long-term moving average (e.g., 20 periods).
The crossover of these MAs generates buy (long) and sell (short) signals.
Average True Range (ATR):
Used to calculate volatility and set stop-loss and take-profit levels.
Three Consecutive Drops and Rebounds:
The strategy identifies three consecutive drops in price, each creating a new lower low (low1, low2, low3).
After the third drop, the price must rebound and break above the previous low's rebound height.
Parallel Channel:
A parallel channel is drawn between the lowest points (low1 and low3) to visualize the price range.
Two lines (lower and upper) form the channel.
Entry and Exit Conditions:
Entry signals are based on MA crossovers and the three rebound condition.
Stop-loss and take-profit levels are set using ATR-based calculations.
Labels are added to the chart to indicate stop-loss and take-profit points.
中文 (Chinese)
這個策略叫做 "反彈三次突破策略"。其目的是識別並基於三次連續價格下跌後的反彈進行交易，並確保在進行交易之前滿足某些條件。該策略的關鍵組成部分和條件如下：
移動平均線 (MAs):
快速均線：短期移動平均線（例如，5 期）。
慢速均線：長期移動平均線（例如，20 期）。
這些均線的交叉產生買入（做多）和賣出（做空）信號。
真實波動範圍 (ATR):
用於計算波動性並設置止損和止盈水平。
三次連續下跌和反彈：
該策略識別連續三次的價格下跌，每次都創下更低的低點（low1、low2、low3）。
在第三次下跌後，價格必須反彈並突破前一個低點的反彈高度。
平行通道：
在最低點（low1 和 low3）之間繪製平行通道，以可視化價格區間。
兩條線（下邊界和上邊界）形成通道。
進出場條件：
進場信號基於均線交叉和三次反彈條件。
使用基於 ATR 的計算設置止損和止盈水平。
在圖表上添加標籤以指示止損和止盈點。
MACD Profitability Dashboard🌟 MACD Profitability Dashboard 🌟
Welcome to the MACD Profitability Dashboard! This powerful indicator is designed to help you make smarter trading decisions by providing key insights into the performance of your MACD-based strategy. Whether you're a beginner or an experienced trader, this tool will give you a clear understanding of how your trades are performing and where you can improve. 🚀
📊 What Does It Do?
This indicator tracks your trades based on MACD crossovers and calculates essential profitability metrics, such as:
Win Rate 🎯
The percentage of winning trades out of all trades taken.
Example: 60% means 6 out of 10 trades were profitable.
Average Profit/Loss 💰
The average profit or loss per trade.
Example:
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Average Gain 📈
The average profit of your winning trades.
Example:
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Average Loss 📉
The average loss of your losing trades.
Example:
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15meansyourlosingtradeslost15 on average.
Risk-Reward Ratio ⚖️
The ratio of your average gain to your average loss.
Example: 1.33 means you're gaining 1.33 times more than you're losing.
Total Profit 💵
The cumulative profit from all your trades.
Example:
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500meansyourtotalprofitacrossalltradesis500.
🛠️ How to Use It
Add the Indicator
Simply add this script to your TradingView chart.
Customize the Settings
Adjust the MACD parameters (Fast Length, Slow Length, Signal Smoothing) to match your strategy.
Toggle the display options to show or hide the MACD and Signal lines.
Analyze the Dashboard
Look at the Profitability Dashboard in the bottom-right corner of your chart.
Use the metrics to evaluate your strategy's performance and identify areas for improvement.
Make Smarter Trades
Use the Win Rate and Risk-Reward Ratio to assess the effectiveness of your strategy.
Focus on improving your Average Gain and reducing your Average Loss.
💡 Why Use This Indicator?
Clear Insights: Get a quick snapshot of your trading performance.
Data-Driven Decisions: Use real metrics to refine your strategy.
Easy to Use: No complicated setup—just add it to your chart and start analyzing.
Customizable: Adjust the settings to fit your trading style.
🚀 Take Your Trading to the Next Level
With the MACD Profitability Dashboard, you'll have all the tools you need to make informed, data-driven decisions. Whether you're looking to improve your win rate, optimize your risk-reward ratio, or simply track your progress, this indicator has you covered.
Start using it today and see the difference it makes in your trading! 🌟
Happy trading! 💹📊
Candle Color Based on EMA ConditionsExplanation:
ta.ema: Calculates the 20 EMA and 200 EMA.
Conditions:
If the close is below both EMAs, the candle color is red.
If the close is above both EMAs, the candle color is green.
If the close is above 20 EMA but below 200 EMA, or below 20 EMA but above 200 EMA, the candle color is blue.
plotcandle: Plots the candles with the specified colors
Squeeze Momentum Pro [15-Min Dashboard]🌟 Indicator Description: Squeeze Momentum Pro 🌟
Hello, trader! 👋 This indicator is designed to help you spot trading opportunities on the 15-minute chart with clear and easy-to-understand signals. Here’s how it works:
🚀 What Does This Indicator Do?
Identifies Consolidation and Expansion Periods:
When the market is in consolidation (quiet and trendless), the indicator shows a blue background with the message "Squeeze On: Wait" 🕒. It’s time to relax and wait!
When the market breaks out of consolidation (expansion), the background turns orange, and you’ll see a clear signal: "Squeeze Off" 🚨. Time to take action!
Measures Momentum:
The indicator calculates momentum (the strength of price movement) and displays it in a histogram:
Green 📈: Positive momentum (price tends to go up).
Red 📉: Negative momentum (price tends to go down).
Provides Trading Signals:
If the market exits the squeeze (Squeeze Off) and momentum is positive, you’ll see the message "Buy" ✅ with a green background. It’s a signal to go long!
If the market exits the squeeze (Squeeze Off) and momentum is negative, you’ll see the message "Sell" ❌ with a red background. It’s a signal to go short!
Measures Volatility:
The indicator includes the ATR (Average True Range) value, which tells you how much the market is moving. A high ATR means higher volatility, confirming the strength of the signal.
Shows the Trend:
On the dashboard, you’ll see whether the trend is bullish 🐂 or bearish 🐻, helping you confirm the market direction.
📊 How to Use the Indicator
Wait for Squeeze On:
When the background is blue and says "Squeeze On: Wait", the market is consolidating. Sit back and relax! 🕒
Act on Squeeze Off:
When the background turns orange and says "Squeeze Off", get ready to trade:
If momentum is positive (green) and says "Buy", look for a long opportunity ✅.
If momentum is negative (red) and says "Sell", look for a short opportunity ❌.
Confirm with Volatility:
Check the ATR value on the dashboard. A high ATR means the market is moving strongly, making the signal more reliable.
Follow the Trend:
If the trend is bullish 🐂, prioritize buy signals.
If the trend is bearish 🐻, prioritize sell signals.
💡 Tips to Maximize Your Profits
Use Stop-Loss and Take-Profit:
Place a stop-loss to protect your capital and a take-profit to lock in gains. For example:
Stop Loss: 1.5 x ATR
Take Profit: 2 x ATR
Combine with Other Tools:
Use this indicator alongside support/resistance levels or moving averages to confirm signals.
Stay Disciplined:
Don’t trade during Squeeze On (blue background). Wait for the market to break out of consolidation before taking action.
🌈 Why Is This Indicator Special?
Clear and Visual Signals 🎯: With easy-to-understand colors and messages, you’ll never miss an opportunity.
Optimized for 15-Minute Charts ⏱️: Designed to capture quick and profitable moves in the short term.
Includes Volatility and Trend 📊: Gives you all the information you need at a glance.
🚨 Important Reminder!
No indicator is perfect. Always use proper risk management and never risk more than you can afford to lose. Trading is a marathon, not a sprint! 🏁
Now you’re ready to use the Squeeze Momentum Pro and make smarter trading decisions! Good luck, and happy trading! 🚀💰
Dashboard with Pattern Confirmation📊 Dashboard with Pattern Confirmation 📊
Welcome to the Dashboard with Pattern Confirmation indicator! This powerful tool is designed to help you identify key candlestick patterns and confirm their validity using additional technical indicators. Whether you're a beginner or an experienced trader, this dashboard provides a clear and concise overview of market conditions, helping you make better trading decisions.
🎯 What Does It Do?
This indicator combines candlestick pattern detection with technical confirmation tools to give you a comprehensive view of the market. It detects two popular patterns:
🔨 Hammer: A bullish reversal pattern that often signals a potential price bounce.
📈 Bullish Engulfing: A strong bullish reversal pattern where a green candle completely engulfs the previous red candle.
To ensure these patterns are reliable, the dashboard also includes:
📉 RSI (Relative Strength Index): Identifies overbought or oversold conditions.
📊 SMA 50 (Simple Moving Average): Confirms the trend direction (uptrend or downtrend).
📈 ATR (Average True Range): Measures market volatility.
📊 Volume: Tracks whether trading volume is increasing or decreasing.
🛠️ How to Use It
Pattern Detection: The dashboard will show you if a Hammer or Bullish Engulfing pattern is present with a ✅ or ❌.
Confirmation: For a pattern to be considered "Confirmed," it must meet additional criteria:
The trend must be upward (price above SMA 50).
The RSI must indicate oversold conditions (RSI < 30).
Dashboard Overview: The table provides a quick snapshot of key metrics, including RSI, SMA 50, ATR, and Volume, along with their current status (e.g., "Uptrend," "Oversold," "High Vol").
🚀 Why Use This Indicator?
Save Time: No need to manually check multiple indicators—everything is displayed in one place.
Increase Confidence: Confirmed patterns are more likely to lead to successful trades.
Stay Informed: Real-time updates on market conditions help you stay ahead of the game.
💡 Pro Tips
Combine this dashboard with other tools like support/resistance levels for even better results.
Use the "Confirmed" status as a filter to avoid false signals.
Adjust the table's position (e.g., position.bottom_right) if it obstructs your chart.
🌟 Happy Trading!
With the Dashboard with Pattern Confirmation, you'll have all the essential information at your fingertips. Whether you're scalping, swing trading, or investing, this tool will help you trade smarter and more confidently. Let’s crush those goals! 🚀📈
Feel free to customize or tweak the indicator to suit your trading style. If you have any questions or suggestions, don’t hesitate to reach out. Happy trading! 🎉
Advanced Strategy: Buy and Sell//@version=5
indicator("Advanced Strategy: Buy and Sell", overlay=true)
// User Inputs
ema_fast_length = input.int(12, title="EMA Fast Period")
ema_slow_length = input.int(26, title="EMA Slow Period")
rsi_period = input.int(14, title="RSI Period")
macd_fast = input.int(12, title="MACD Fast Period")
macd_slow = input.int(26, title="MACD Slow Period")
macd_signal = input.int(9, title="MACD Signal Period")
bb_length = input.int(20, title="Bollinger Bands Period")
bb_mult = input.float(2.0, title="Bollinger Bands Std Dev")
adx_period = input.int(14, title="ADX Period")
adx_threshold = input.int(20, title="Minimum ADX for Trend Validation")
// Indicator Calculations
ema_fast = ta.ema(close, ema_fast_length)
ema_slow = ta.ema(close, ema_slow_length)
rsi = ta.rsi(close, rsi_period)
= ta.macd(close, macd_fast, macd_slow, macd_signal)
= ta.bb(close, bb_length, bb_mult)
// ADX Calculation
true_range = ta.rma(ta.tr, adx_period)
plus_dm = ta.rma(ta.change(high) > ta.change(low) ? math.max(ta.change(high), 0) : 0, adx_period)
minus_dm = ta.rma(ta.change(low) > ta.change(high) ? math.max(ta.change(low), 0) : 0, adx_period)
plus_di = (plus_dm / true_range) * 100
minus_di = (minus_dm / true_range) * 100
dx = math.abs(plus_di - minus_di) / (plus_di + minus_di) * 100
adx = ta.rma(dx, adx_period)
// Buy Rules
buy_signal = ta.crossover(ema_fast, ema_slow) and rsi < 50 and macd_line > signal_line and close < bb_lower and adx > adx_threshold
// Sell Rules
sell_signal = ta.crossunder(ema_fast, ema_slow) and rsi > 50 and macd_line < signal_line and close > bb_upper and adx > adx_threshold
// Plot Indicators on the Chart
plot(ema_fast, color=color.green, title="EMA Fast")
plot(ema_slow, color=color.red, title="EMA Slow")
plot(bb_upper, color=color.orange, title="Bollinger Upper Band")
plot(bb_lower, color=color.orange, title="Bollinger Lower Band")
// Buy and Sell Signals
plotshape(buy_signal, style=shape.labelup, location=location.belowbar, color=color.green, size=size.small, title="Buy Signal")
plotshape(sell_signal, style=shape.labeldown, location=location.abovebar, color=color.red, size=size.small, title="Sell Signal")
// Alerts
alertcondition(buy_signal, title="Buy Alert", message="Buy Signal Detected!")
alertcondition(sell_signal, title="Sell Alert", message="Sell Signal Detected!")
Vingativo ScriptVingativo Script
Vingativo Script
Vingativo Script
Vingativo Script
Vingativo Script
Vingativo Script
Fxj PinBar by @GeekexThis is a pin bar detector for fxj strategy
if bigger shadow of last closed candle became double of its body it shows green color and if it's not indicator shows red color
special thanks to Jalil Mehrparvar
written by trexamir
Cumulative Delta AnalyzerCumulative Delta Analyzer (CDA) is a simple script designed to track changes in buying and selling volume. It highlights imbalances that can indicate shifts in market sentiment, helping traders identify potential turning points or trends.
Buyside & Sellside Liquidity and FOMO & PANİK]We Added Advanced Features to LuxAlgo’s Buy-Side and Sell-Side Liquidity Indicator
Buy-Side and Sell-Side Liquidity (Liquidity Hunt) indicators are an important tool for understanding market maker manipulations and analyzing price movements in high-volume areas. This indicator from LuxAlgo allows users to better evaluate the market’s liquidity flow. However, we have made some strategic improvements and additions to further enhance the functionality of this powerful tool.
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Features We Added to the Indicator
1. Liquidity Threshold and Analysis by Time Frames
The user can analyze liquidity movements in different time frames by determining short, medium and long-term periods.
Thanks to the Liquidity Threshold (%) parameter, long (buy) and short (sell) levels are determined according to price change rates.
Volume threshold controls are applied for each period and only high volume movements are taken into account.
2. Detection of Long and Short Liquidity Zones
Buy-Side (Long) Liquidity Zones: Long entry levels below the price are determined and reaction signals are created when the price reaches this level.
Sell-Side (Short) Liquidity Zones: Short entry levels above the price are determined and the levels are visualized on the chart.
These zones are used to detect market maker manipulations in places where liquidity traps may occur.
3. Coloring of High Volume Candles
With volume analysis, high volume candles are marked with different colors to observe the dynamics of price movements more clearly.
For example, candles exceeding volume threshold levels are highlighted with distinct colors such as white, yellow or blue.
4. Analysis of Wick and Volume-Based Long/Short Traps
Long trap and short trap traps are detected based on the length ratios of candle shadows (wick), ATR (Average True Range) and volume change.
These traps are clearly marked on the chart and supported by market psychology signals such as FOMO (fear of missing out) and Panic to the user.
5. Proximity to Liquidity Zones and Alarm Systems
We have added an algorithm that measures how close the price is to the specified liquidity zones. In this way:
Price movements that are less than 2% away from the upper liquidity zone are analyzed.
The same methodology is used for proximity to the middle liquidity zone and lower liquidity zone.
The user is warned when a long trap or short trap occurs with the alarm system.
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FOMO and Panic Algorithm
These updates include additional parameters to analyze investor psychology:
FOMO (Fear of Missing Out):
A FOMO signal is generated when the RSI level is high, the price is near the upper or middle liquidity zones, and sudden price/volume increases are seen.
This signal allows the investor to avoid making unconscious purchases.
Panic:
A panic signal is triggered when the RSI level is low, the price is near the lower or middle liquidity zones, and sudden decreases are seen.
This is designed to prevent investors from selling hastily.
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Benefits of the Developments
1. Prevention of Manipulations:
Price movements are analyzed according to liquidity zones, aiming to protect investors against market maker manipulations.
2. Stronger Strategy with Reaction Levels:
Visualization of long and short liquidity zones provides more reliable signals in trading strategies.
3. Understanding Psychological Barriers:
The impact of investor behavior on the market is better analyzed with FOMO and Panic signals.
4. Advanced Filtering Based on Volume and Volatility:
Volume and volatility analysis minimizes false signals.
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Conclusion
With these updates, LuxAlgo’s original Buy-Side & Sell-Side Liquidity indicator has been made a more powerful tool. Users can make more informed trades by identifying important levels that market makers may target. Combining multiple variables such as volume, liquidity, RSI and psychological barriers, this system provides a more robust analysis, especially in the cryptocurrency market.
Renko Chart EmulationRenko charts are a popular tool in technical analysis, known for their ability to filter out market noise and focus purely on price movements. Unlike traditional candlestick or bar charts, Renko charts are not time-based but are constructed using bricks that represent a fixed price movement. This makes them particularly useful for identifying trends and key levels of support and resistance. While Renko charts are commonly found on platforms with specialized charting capabilities, they can also be emulated in Pine Script as a line indicator.
The Renko emulation indicator in Pine Script calculates the movement of price based on a user-defined brick size. Whenever the price moves up or down by an amount equal to or greater than the brick size, a new level is plotted, indicating a shift in price direction. This approach helps traders visualize significant price moves without the distractions of smaller fluctuations. By plotting the Renko levels as a continuous line and coloring it based on direction, this indicator provides a clean and straightforward representation of market trends.
Traders can use this Renko emulation line to identify potential entry and exit points, as well as to confirm ongoing trends. The simplicity of Renko charts makes them a favorite among those who prefer a minimalist approach to technical analysis. However, it is essential to choose an appropriate brick size that aligns with the volatility of the trading instrument. A smaller brick size may result in frequent signals, while a larger one can smooth out the chart, focusing only on the most substantial price movements. This script offers a flexible solution for incorporating Renko-style analysis into any trading strategy.
Adaptive Sentiment-Volume MomentumThis is a simple breakout approach using ATR bands and an EMA filter. Test this strategy and let me know how it performs!
FVG Tap with EMA Confirmation and Dynamic Stop Loss & Targettesting fvg and ema cross watch macd and rsi before entering
Reliance 30-Minute Third Candle Breakouthere we are talking about reliance 30 min candle break out it an give you clear break out most of the time
