Adaptive Dual MA Trend FilterAdaptive Dual MA Trend Filter is a versatile Pine Script™ indicator that delivers clear, reliable trend signals using customizable moving averages:
Dual‑Stage Filtering – Apply any traditional MA (SMA, EMA, VWMA, HMA, RMA, TEMA, DEMA, FRAMA, TRIMA) or advanced smoothing (ALMA, T3) as your “main” and “filter” MAs. The filter MA is double‑smoothed for noise suppression, then converted into a robust “double‑filtered” baseline.
Flexible Inputs – Select lengths, sources (close, high, low, hl2), offsets, sigma, and volume factors to tailor the responsiveness and smoothness to your favorite timeframe or asset class.
Intuitive Signals – The script detects confirmed bullish (green) and bearish (red) trend shifts as:
Circle marker on the MA line
Triangle arrows below/above bars
Full candles and MA line colored by current trend
Clean Overlay – Works directly on your price chart, with optional semi‑transparent fills for extra visual clarity.
Theme Support – Choose from Vibrant, Pastel, Neon, Classic, Monochrome, Solarized, or Material palettes for seamless chart styling.
Ideal for swing traders and intraday scalpers alike, Multi‑Source Double‑Filter Trend offers both “set‑and‑forget” simplicity and deep customization for power users.
Usage
Add to chart → Inputs → tweak MA types/lengths
Watch for color changes and markers
Combine with volume or momentum filters for entry confirmation
Enjoy clearer trend identification and smoother trade signals!
Disclaimer
This script is for educational and informational purposes only. Not financial advice. Use at your own risk.
ค่าเฉลี่ยเคลื่อนที่แบบเอกซ์โพเนนเชียล (EMA)
Leslie's EMA Ribbon: 5/9/21 + VWAPEMA Crossover (5/9/21) with VWAP Alerts
This indicator visualizes short- and medium-term market momentum using a combination of exponential moving averages (EMAs) and the Volume-Weighted Average Price (VWAP). It is designed for intraday and swing traders who want reliable visual cues and customizable alerts.
✳️ Features:
Three EMAs: 5EMA (fast), 9EMA (medium), and 21EMA (slow)
VWAP Line: A session-based VWAP for volume-aware trend context
Color-Coded Labels: Auto-updated on the latest bar for clean visuals
Crossover Alerts:
5EMA crosses 9EMA
9EMA crosses 21EMA
9EMA crosses VWAP (volume-contextual momentum shift)
Simple Volatility ConeThe Simple Volatility Cone indicator projects the potential future price range of a stock based on recent volatility. It calculates rolling standard deviation from log returns over a defined window, then uses a confidence interval to estimate the upper and lower bounds the price could reach over a future time horizon. These bounds are plotted directly on the chart, offset into the future, allowing traders to visualize expected price dispersion under a geometric Brownian motion assumption. This tool is useful for risk management, trade planning, and visualizing the potential impact of volatility.
Z-Score Trend Monitor [EdgeTerminal]The Z-Score Trend Monitor measures how far the short-term moving average deviates from the long-term moving average using the spread difference of the two — in standardized units. It’s designed to detect overextension, momentum exhaustion, and potential mean-reversion points by converting the spread between two moving averages into a normalized Z-score and tracking its change and direction over time.
The idea behind this is to catch the changes in the direction of a trend earlier than the usual and lagging moving average lines, allowing you to react faster.
The math behind the indicator itself is very simple. We take the simple moving average of the spread between a long term and short term moving average, and divide it by the difference between the spread and spread mean.
This results in a relatively accurate and early acting trend detector that can easily identify overbought and oversold levels in any timeframe. From our own testing, we recommend using this indicator as a trend confirmation tool.
How to Use It:
Keep an eye on the Z-Score or the blue line. When it goes over 2, it indicates an overbought or near top level, and when it goes below -2, it indicates an oversold or near bottom.
When Z-Score returns to zero or grey line, it suggests mean reversion is in progress.
You can also change the Z-Score criteria from 2 and -2 in the settings to any number you’d like for tighter or wider levels.
For scalping and fast trading setups, we recommend shorter SMAs, such as 5 and 20, and for longer trading setups such as swing trades, we recommend 20 and 100.
Settings:
Short SMA: Lookback period of short term simple moving average for the lower side of the SMA spread.
Short Term Weight: Additional weight or multiplier to suppress the short term SMA calculation. This is used to refine the SMA calculation for more granular and edge cases when needed, usually left at 1, meaning it will take the entire given value in the short SMA field.
Long SMA: Lookback period of long term simple moving average for the upper side of the SMA spread.
Long Term Weight: Additional weight or multiplier to suppress the long term SMA calculation. This is used to refine the long SMA calculation for more granular and edge cases when needed, usually left at 1, meaning it will take the entire given value in the long SMA field.
Z-Score Threshold: The threshold for upper (oversold) and lower (overbought) levels. This can also be set individually from the style page.
Z-Score Lookback Window: The lookback period to calculate spread mean and spread standard deviation
EMA 5/10 Crossover SignalsThis indicator gives Buy and Sell signals when the 5 EMA crosses with the 10 EMA
EMA Break & Retest + Trend TableThis script is designed to identify potential buy and sell trading opportunities based on 21 EMA (Exponential Moving Average) break and retest patterns, with confirmation from multi-timeframe trend analysis. It combines actionable signal generation with a clean, real-time trend overview table.
✅ 1. EMA Break & Retest Logic
Detects when the price crosses above or below the 21 EMA and then closes in the direction of the breakout.
Generates buy signals on upward break/retest, and sell signals on downward break/retest.
✅ 2. Multi-Timeframe Confirmation
Filters signals using higher timeframe trends to avoid false entries.
Buy signals are shown only if the 1H or 4H trend is bullish.
Sell signals are shown only if the 1H or 4H trend is bearish.
✅ 3. Visual Signal Plotting
Displays green "BUY" labels below bars and red "SELL" labels above bars.
Users can toggle buy/sell signals on or off with checkboxes.
✅ 4. Alerts
Built-in alertcondition() functions allow traders to set real-time alerts when buy or sell signals are triggered.
✅ 5. Multi-Timeframe Trend Table
A dynamic table appears in the top-right corner showing trend status across:
Daily (D)
4 Hour (4H)
1 Hour (1H)
15 Minute (15M)
5 Minute (5M)
Each timeframe is marked as Bullish (green) or Bearish (red) depending on the current price vs. 21 EMA.
The latest signal (“BUY” / “SELL” / “—”) is displayed at the bottom of the table.
Moving Average Price Deviation Spreadjust tracks the deviation of the price and the moving average.
Other inputs are given to smooth the plot s.t. noise is reduced.
this is a updated version of the previous one.
EMA 8/21 & SMA 50/100/200This script uses the 8 EMA & 21 EMA. I use the EMA for shorter time frames to see if they cross to lean towards bullish or bearish view.
For the longer time frames such as 50 Day, 100 Day, and 200 Day I will use SMA as they're longer time frames and don't react to price as much.
STWP Probable Pullback/Reversal Indicator with PNL Table1. Overview
The STWP Probable Pullback/Reversal Indicator is a powerful, all-in-one technical tool designed to help traders identify high-probability reversal or pullback opportunities in the market. Built with precision, it combines candlestick patterns, trend validation, RSI strength, and volume analysis to generate more reliable entry signals. This indicator is ideal for intraday and swing traders, especially beginners who struggle to decode market movements or often enter trades too early or too late. It aims to simplify decision-making, reduce guesswork, and improve the timing of entries and exits, ultimately helping traders build more consistent strategies while managing risk effectively.
2. Signal Generation Logic
The signal generation logic of the STWP Probable Pullback/Reversal Indicator is built on a multi-layered confirmation system to ensure high-probability entries. It begins with the identification of powerful candlestick reversal patterns such as Bullish Engulfing, Bearish Engulfing, and the Piercing Line, which are commonly used by professional traders to spot potential reversals. To validate the overall trend, the indicator uses the 200 EMA—signals that align with the EMA trend direction are considered more reliable. An RSI filter is applied to assess whether the stock is in an overbought or oversold zone, helping confirm if the price move is genuinely strong or losing momentum. Additionally, a volume filter is used to tag each signal with either high or low volume, allowing traders to further gauge the strength behind the move. All these components—candlestick pattern, trend confirmation, RSI condition, and volume strength—work in synergy, and the signal is only highlighted when all selected conditions align, offering an optional but powerful confluence-based confirmation approach.
3. Settings
The indicator comes with flexible settings to help you tailor the signals to your trading style. You can choose which candlestick patterns to include, such as Bullish Engulfing, Bearish Engulfing, Piercing Line, Morning Star, and Evening Star. The trend is confirmed using the 200-period Exponential Moving Average (EMA), but you can also customize the EMA period if you prefer. To gauge momentum, the Relative Strength Index (RSI) is set to a 10-period default, which helps identify overbought and oversold conditions more sensitively. Additionally, a volume filter labels entries as high or low volume, allowing you to spot stronger moves. You have the option to require confirmation from all filters—pattern, trend, RSI, and volume—for more reliable signals, or to accept signals based on selected criteria. The display settings let you customize how signals appear on the chart, including colors and labels, and alert options notify you of bullish or bearish setups and volume spikes, ensuring you never miss an opportunity.
4. How To Trade Using This Indicator
How to Trade Using the Indicator
To effectively use this indicator, first watch for key candlestick patterns like Bullish Engulfing, Bearish Engulfing, and Piercing Line, which act as initial trade signals. Additionally, you can explore other candlestick patterns to broaden your signal generation and find more opportunities. Next, confirm the prevailing trend by checking the position of price relative to the 200-period EMA — trades aligned with this trend have higher chances of success. The RSI, set at 10 periods, serves as a filter to confirm momentum strength or signs of exhaustion, helping you avoid weak signals. Volume tags highlight whether the entry is supported by high or low trading activity, adding another layer of confidence. Ideally, you look for a combination of these factors — pattern, trend, RSI, and volume — to increase the reliability of your trade setups. Once all these conditions align, enter the trade and manage your exit based on your preferred risk management rules.
5. Additional Features
Additional Features
This indicator goes beyond just signal generation by helping you manage risk and position size effectively. You can set your risk per trade, and the indicator automatically calculates the optimal quantity based on your available capital and stop loss level, making position sizing simple and precise. The built-in formula ensures you never risk more than you’re comfortable with on any single trade. Additionally, a real-time PnL (Profit and Loss) table tracks every trade live, showing movement and performance with easy-to-understand color-coded rows—green for profits and red for losses. This feature is especially useful for manual traders who want to log and monitor their trades seamlessly, helping you stay disciplined and informed throughout your trading session.
6. Customization Options
The indicator is designed to fit your unique trading style with flexible customization settings. You can easily adjust parameters like the RSI period, choose which candlestick patterns to include for signal generation, and set your preferred EMA length for trend validation. Volume filters can be turned on or off, depending on how much weight you want to give to trading activity. Risk management settings such as your risk percentage per trade and stop loss distance are fully adjustable, allowing you to tailor the indicator’s alerts and calculations precisely to your comfort level. These customization options empower you to create a personalized trading tool that matches your goals and market approach, making it easier to spot high-quality trades that suit your strategy.
Disclaimer:
This content is for educational and informational purposes only and does not constitute financial advice, recommendation, or solicitation to buy or sell any financial instruments. Trading in the stock market involves risk, and past performance is not indicative of future results. Please consult with a qualified financial advisor before making any investment decisions. The creator and distributor of this content are not responsible for any losses incurred.
If you find this indicator useful, please follow us for more reliable tools, clear strategies, and valuable market insights to help you trade with confidence.
Should you need any help or assistance with using the indicator, feel free to reach out anytime—I’m here to support you on your trading journey!
Z-Score EMA CloudA Z score EMA Cloud designed to signal 4 different strengths.
Normal green is a normal buying area.
Dark green is a strong buying area.
Normal red is a normal selling area.
Dark red is a strong selling area.
Take sells when it flips from green to red and take buys into the green or when it flips red to green, best r/r comes from buying inside the cloud.
10/20MA pullback by Black200000This indicator highlights the first pullback to the 10- and 20-period exponential moving averages on any timeframe you specify (default: 6-minute).
All markers appear on a single horizontal line in a separate pane, so your price chart stays clean and uncluttered.
Signals
• 10↑ (PB10-Above) – The candle’s low touches EMA-10 and the close finishes at or above EMA-10.
• 10↘ (PB10-Between) – The low touches EMA-10, the close finishes below EMA-10 but still at or above EMA-20.
• 20↑ (PB20-Above) – The low touches EMA-20 and the close finishes at or above EMA-20.
Built-in Alerts
• PB10 above – touch of EMA-10, close above.
• PB10 between – touch of EMA-10, close between EMA-10 and EMA-20.
• PB20 above – touch of EMA-20, close above.
• Any Pullback – fires whenever any of the three events occurs.
π Pi-MA Bandπ Pi-MA Band – Parametric Moving Averages with π Scaling
The π Pi-MA Band is a custom moving average indicator that applies the mathematical constant π (3.14159) as a multiplier to traditional moving average lengths, offering a unique perspective on market smoothing and trend detection.
🔍 Core Features:
Three Dynamic MAs: Includes a Fast, Slow, and Long moving average, each with customizable base lengths and types (EMA, SMA, WMA, HMA, RMA, VWMA, DEMA, TEMA).
π-Based Lengths: Each MA length is automatically scaled by π to align with cyclical and fractal market behavior.
Color Adaptive Bands:
The fast/slow band dynamically changes color based on trend direction (green when fast > slow, red when fast < slow).
A secondary fill highlights when both fast and slow MAs are positioned above or below the long-term MA, indicating strong bullish or bearish alignment.
Visual Clarity: Distinct line thickness and color coding for fast, slow, and long MAs make it easy to assess momentum and trend shifts.
Alerts: Built-in alert conditions notify you of key crossover events between the fast and slow MAs.
📈 Use Cases:
Trend Confirmation: Use the alignment of all three MAs to validate bullish or bearish market conditions.
Momentum Shift Detection: Crossover alerts help traders identify emerging trends early.
Customization: Suitable for scalpers, swing traders, and long-term investors due to adjustable lengths and MA types.
Synapse Trade PanelReplace multiple technical indicators with 1 panel that shows you vital technicals at a glance. Includes RSI and Stochastic indicators and a risk management section with suggested stops in either direction, and EMA trend
Pucci Trend EMA-SMA Crossover with TolerancePucci Trend EMA-SMA Crossover with Tolerance
This indicator helps identify market trends and generates trading signals based on the crossover between an Exponential Moving Average (EMA) and a Simple Moving Average (SMA) with an adjustable tolerance threshold. The signals work as follows:
Buy Signal (B) -> Triggers when the EMA crosses above the SMA, exceeding a user-defined tolerance (in basis points). Optionally, a price filter can require the high or low to be below the EMA for confirmation.
Sell Signal (S) -> Triggers when the SMA crosses above the EMA, exceeding the tolerance. The optional price filter may require the high or low to be above the EMA.
The tolerance helps reduce false signals by requiring a minimum distance between the moving averages before confirming a crossover. The price filter adds an extra confirmation layer by checking if price action respects the EMA level.
Important Notes:
1º No profitability guarantee: This tool is for analysis only and may generate losses.
2º "As Is" disclaimer: Provided without warranties or responsibility for trading outcomes.
3º Use Stop Loss: Users must determine their own risk management.
4º Parameter adjustment needed: Optimal MA periods and tolerance vary by timeframe.
5º Filter impact varies: Enabling/disabling the price filter may improve or worsen performance.
RSI BAND – RSI-Based Support & Resistance Levels📃 Description
RSI BAND is an original technical analysis tool that builds support and resistance levels based on the RSI (Relative Strength Index) indicator. This script is designed to enhance traders' understanding of RSI behavior and provide potential price zones where reversals or continuations may occur.
🔍 What it does
Calculates and visualizes horizontal levels on the price chart corresponding to RSI-based thresholds (e.g., RSI = 40, 50, 60).
Calculates and visualizes horizontal levels on the price chart corresponding to RSI's EMA9 & WMA45.
Detects pivot highs and lows in the RSI and marks corresponding price levels.
🎯 Key Features
🔺 RSI Resistance (e.g., RSI 60) and 🔻 RSI Support (e.g., RSI 40) levels calculated as price zones.
📉 Real-time calculation of price levels that correspond to RSI EMA (9) and RSI WMA (45).
🌀 Detects RSI Pivot Lows and Pivot Highs.
🎯 Includes alerts for Pivot points.
🧩 Fully configurable visibility and styling options for each plotted level.
🔬 How to read data
✅ How to Use
Use this indicator to:
See price action at key RSI levels (40, 50, 60) and RSI's EMA & WMA: For setting up reversal entries.
Identify RSI's pivot points at overbought or oversold levels: For setting up divergence entries.
📊 Visualizing RSI-Based Levels for Price Action
This script plots key RSI-based levels directly onto the chart, such as RSI support, resistance, and the 50-level, to help traders to easily see price action at key RSI zones.
The RSI Resistance and RSI Support levels (such as RSI = 60 and RSI = 40), RSI's EMA9 & WMA45 are plotted on the chart. These levels act as significant price action zones, where traders can anticipate potential reactions from the price based on the RSI's behavior.
By visualizing these levels as plots on the chart, traders can quickly see where price is in relation to these key RSI thresholds, allowing them to make more informed decisions when the price approaches these zones. For example, if the price is near the RSI resistance zone (RSI = 60), it might indicate a potential resistance area where the price could face selling pressure.
By utilizing these RSI-based plots, this script provides a clear, visual representation of key levels, enabling traders to make quicker and more confident decisions in relation to the price action and RSI dynamics.
🧠 Underlying Logic
The script uses standard RSI calculation (length = 14), combined with a reverse-engineered formula to calculate the required price change to reach a specific RSI value. This unique approach creates realistic price levels aligned with RSI expectations, unlike traditional static zones.
Function to calculate price from RSI level:
f_calc_target_price(targetRSI, close_price, avgGain, avgLoss, rsiLength) =>
targetRS = 100 / (100 - targetRSI) - 1
if targetRSI >= 50
requiredGain = targetRS * avgLoss - avgGain
requiredChange = requiredGain * rsiLength
close_price + requiredChange
else
requiredLoss = avgGain / targetRS - avgLoss
requiredChange = requiredLoss * rsiLength
close_price - requiredChange
Depending on whether the target RSI is above or below 50:
If RSI ≥ 50, the function estimates the additional gain needed to raise the RSI to the target, and adds the corresponding value to the current price.
If RSI < 50, it estimates the required loss and subtracts that value from the current price.
⚠️ Important Notes
Pivot Detection Offset: The script uses an offset of 3 bars to identify pivot points. This means that the pivot high and low points are calculated using the values from 3 bars before the current one. As a result, the pivot points may appear slightly delayed compared to the most recent price action.
No Lookahead Bias: The script does not rely on future data (lookahead bias). It strictly uses past price information for all calculations to maintain accuracy and avoid misleading results. The pivot points are plotted after the price has already formed, ensuring that the script does not predict future price movement but rather reacts to established patterns.
EMAsThe TradingView EMAs Indicator is a powerful and versatile tool designed to provide traders with a comprehensive view of market trends across multiple timeframes. By incorporating six Exponential Moving Averages (EMAs) with customizable lengths, this indicator offers a nuanced approach to trend analysis, suitable for both novice and experienced traders.
Market SurferOverview
If you're ready to surf the charts, Market Surfer is your perfect board 🏄♂️
This is my personal go-to indicator, designed to be a true Swiss Army knife for technical analysis - packed with powerful tools that deliver clear signals straight out of the box.
Market Surfer is heavily inspired by Market Cipher and Traders Reality .
Key Features
Market Waves : Visual representation of cyclical price movements to identify trend strength and potential reversals.
Money Flow : Highlights periods of buying and selling pressure, signaling shifts in market sentiment.
Trend Tracker : Real-time trend detection powered by EMA-based analysis, with color-coded signals for bullish and bearish phases.
Vector Candles : Enhanced candle coloring that indicates when market makers and high-frequency traders join the game, helping to identify significant market moves.
Dynamic Alerts : Configurable alerts for key market events, including trend changes, money flow transitions, and vector candle formations.
How It Works
Wave Theory Analysis : Detects cyclical market movements to highlight potential trend continuations or reversals.
PVSRA Analysis : Identifies vector candles when volume surges significantly relative to historical averages, indicating the presence of large institutional players.
EMA Trend Tracking : Tracks the 50-period EMA to determine overall market momentum and colorizes bars accordingly.
Money Flow Indexing : Uses Heikin-Ashi candle structures to measure buying and selling intensity over time.
Recommendations
Although Market Surfer is versatile and works across all markets and timeframes, I recommend:
Use it on 1H timeframe for mid-term trades and 1D timeframe for long-term ones.
Buy when green and sell when red - keep it simple.
Study vector candles before relying on them - they reveal institutional footprints.
Do not use leverage - trade with clarity and peace of mind.
And most importantly - sleep well.
EMA Cloud with Custom MAs and RSI [deepakks444]This all-in-one technical analysis tool merges an EMA Cloud, customizable dual moving averages (MA1 & MA2), and an advanced RSI oscillator with divergence detection, smoothing, and alerts.
Designed for traders who rely on trend direction, momentum, and reversal confluence, this indicator helps filter high-probability setups and reduces the need to juggle multiple indicators on the chart.
🔍 Components and Features
🔸 1. EMA Cloud (Trend Filter)
A lightweight 3-period EMA manually calculated using exponential smoothing.
Two EMAs: One tracking highs and one tracking lows.
Creates a "cloud" between them to visually represent short-term trend direction.
Cloud color logic:
🟢 Green: Price is bullish, staying above the EMA cloud.
🔴 Red: Price is bearish, below the EMA cloud.
🟡 Yellow: Price is indecisive or in consolidation.
Why it's useful:
The EMA Cloud helps identify the immediate short-term bias of the market. It quickly reacts to price and gives a clear visual guide for trend-following or pullback trades.
🔸 2. Custom Moving Averages (MA1 & MA2)
Both MA1 and MA2 are user-configurable in type, length, and price source.
Supported types include:
SMA, EMA, WMA, HMA, RMA, VWMA.
Color logic:
🟩 Green: MA1 is below MA2 (bullish alignment).
🟥 Red: MA1 is above MA2 (bearish alignment).
Why include this?
MA crossovers are a classic way to determine medium/long-term trend shifts or confirm trend continuation. The flexibility allows users to tailor them to suit any strategy—from mean reversion to trend-following.
🔸 3. RSI Oscillator with Enhancements
This is more than a basic RSI—it's been expanded to become a momentum engine and divergence detector, complete with alerting and smoothing options.
Main features:
✅ Customizable RSI Source & Length
✅ Colored RSI Zones:
RSI > 60 → Overbought strength zone (green background).
RSI < 40 → Oversold weakness zone (red background).
Neutral background in between.
✅ Smoothing Options:
Apply additional MA smoothing to RSI: SMA, EMA, WMA, RMA, VWMA, or even SMA + Bollinger Bands.
Visualizes volatility around RSI for breakout/reversal analysis.
✅ RSI Alerts:
Alert when RSI crosses above 60 → potential bullish momentum.
Alert when RSI crosses below 40 → potential bearish momentum.
✅ Divergence Detection (Optional):
Bullish Divergence: Price makes lower low while RSI makes higher low → Possible reversal up.
Bearish Divergence: Price makes higher high while RSI makes lower high → Possible reversal down.
Marks divergence using “Bull” and “Bear” labels directly on the RSI pane.
Why enhance RSI?
The RSI is a cornerstone of momentum trading. By adding zone shading, volatility overlays, and divergence detection, traders can better assess:
Whether a trend is strong or weakening.
Whether to enter on continuation or wait for reversal.
Spot early signs of price turning points using divergence patterns.
🤝 Why Merge These Three Systems?
Combining EMA Cloud + MAs + RSI in a single tool allows traders to:
Avoid conflicting signals by seeing multiple confirmations in one view.
Reduce chart clutter by replacing multiple indicators with one efficient visual system.
Get trend, momentum, and reversal analysis all-in-one:
EMA Cloud = short-term trend.
MA1/MA2 = medium-term trend & crossover confirmation.
RSI = momentum extremes, breakout confirmation, or divergence reversal zones.
🔔 Built-in Alerts
RSI crosses above 60 → Potential buy signal.
RSI crosses below 40 → Potential sell signal.
These alerts can be used to automate notifications, integrate with webhook systems, or trigger manual reviews.
⚠️ Disclaimer
This script is provided for educational and informational purposes only. It is not financial advice, and past performance is not indicative of future results. Always use proper risk management and verify signals with your own analysis before trading.
21 EMA + VWAP Trend Bias
21 EMA + VWAP Trend Bias
This indicator combines the 21-period Exponential Moving Average (EMA) and the Volume-Weighted Average Price (VWAP) to provide a simple yet effective visual trend bias tool.
🔍 Core Features:
21 EMA Line (Orange): Tracks the short-to-mid-term price trend.
VWAP Line (Blue): Reflects the average trading price, weighted by volume, often used by institutional traders.
Trend Bias Highlight:
Green Background: Bullish bias — price is above both the 21 EMA and VWAP.
Red Background: Bearish bias — price is below both the 21 EMA and VWAP.
No Background: Neutral or mixed signals.
⚙️ Use Cases:
Quickly assess market trend direction at a glance.
Confirm entry or exit signals with dual-layer trend validation.
Great for intraday and swing traders who value clean, unobtrusive chart setups.
weighted support or resistance linesQ: Why should users choose this script?
A: I found that in all the publicly available scripts about support and resistance lines, there is basically no weight identification for these lines. In other words, users do not know which support or resistance lines are the most important. So I specifically wrote this script.
1. By adjusting the weights, only the most effective support or resistance lines are displayed. (Length threshold of trend price (Bar))
2. By selecting the number of K-lines, only the latest number of support or resistance lines generated will be displayed. (Maximum number of reserved S/R lines)
3. By selecting whether to automatically remove lines, only support or resistance lines that have not been penetrated by the k-line will be displayed. If this function is checked, the weight can be adjusted lower, as high-weight SR may have already been penetrated, and the newly generated SR may have a lower weight. (Automatically remove lines penetrated by closing price confirmation)
4. Notes: The default parameters work well in 15-minute candlestick charts. For candlestick charts with other time periods, the parameters can be adjusted appropriately. It is suitable for sideways trading but not for strong trends.
5. I'm quite satisfied with the performance of the script, as I specifically optimized it, lol
Institutional Support/Resistance Locator🏛️ Institutional Support/Resistance Locator
Overview
The Institutional Support/Resistance Locator identifies high-probability demand and supply zones based on strong price rejection, large candle bodies, and elevated volume . These zones are commonly targeted or defended by institutional participants, helping traders anticipate potential reversal or continuation areas.
⸻
How It Works
The indicator uses a confluence of conditions to detect zones:
• Large Body Candles: Body size must exceed the moving average body size multiplied by a user-defined factor.
• High Volume: Volume must exceed the moving average volume by a configurable multiplier.
• Wick Rejection: Candles must show strong upper or lower wicks indicating aggressive rejection.
• If all criteria are met:
• Bullish candles form a Demand Zone.
• Bearish candles form a Supply Zone.
Each zone is plotted for a customizable number of future bars, representing areas where institutions may re-engage with the market.
⸻
Key Features
• ✅ Highlights institutional demand and supply areas dynamically
• ✅ Customizable sensitivity: body, volume, wick, padding, and zone extension
• ✅ Zones plotted as translucent regions with auto-expiry
• ✅ Works across all timeframes and markets
⸻
How to Use
• Trend Traders: Use demand zones for potential bounce entries in uptrends, and supply zones for pullback short entries in downtrends.
• Range Traders: Use zones as potential reversal points inside sideways market structures.
• Scalpers & Intraday Traders: Combine with volume or price action near zones for refined entries.
Always validate zone reactions with supporting indicators or price behavior.
⸻
Why This Combination?
The combination of wick rejection, volume confirmation, and large candle structure is designed to reflect footprints of smart money. Rather than relying on fixed pivots or subjective zones, this logic adapts to the current market context with statistically grounded conditions.
⸻
Why It’s Worth Using
This tool offers traders a structured way to interpret institutional activity on charts without relying on guesswork. By plotting potential high-impact areas, it helps improve reaction time.
⸻
Note :
• This script is open-source and non-commercial.
• No performance guarantees or unrealistic claims are made.
• It is intended for educational and analytical purposes only.
Cup & Handle Post-Breakout Correction FinderWhat This Script Tries to Do (Simple Summary)
Finds a Specific Setup: It looks for stocks that might be getting ready to move up again after a specific sequence:
A big "Cup & Handle" breakout happened 1-3 years ago.
The stock then pulled back (corrected) for at least a few months (~4 months by default) without crashing too hard (less than 35% drop by default).
The main weekly moving averages are now tightly bunched together (suggesting a pause or "squeeze").
The price just crossed above its 200-day moving average (a potential positive sign).
The price hasn't already broken above the high point of the recent pullback.
The Signal: If all these conditions are met, it places a small, bright green circle below the price bar on your chart.
Reference Line: It also shows the 200-period moving average (usually the 200-week, as this script is best on Weekly charts) as a red line.
Best Way to Use It (Simple Guide)
Use on Daily or Weekly Charts: The script's settings (like pullback in weeks) make it more suitable for the Weekly timeframe.
Look for the Green Circle: This is the main signal that the script found a potential setup matching all its rules.
Don't Trade Blindly! The green circle is just an alert, not a guaranteed buy signal. It means "This stock might fit the pattern, check it out!".
Confirm with Your Eyes & Other Tools:
Does the chart look like the pattern the script is searching for (past breakout, recent pullback, current tightening)?
Switch to the Daily chart to see how the cross above the 200-day EMA looks. Is it clean?
Check the volume. Is buying interest picking up as the signal appears? (Good sign).
Consider the overall market trend. Is it a good time to be buying stocks?
Customize (Optional): You can adjust the settings (gear icon ⚙️) to make the rules stricter or looser (e.g., change the pullback duration, allowed drop percentage, EMA tightness).
Manage Risk: If you decide to trade based on this signal (after confirming it), always know where you'll place your stop-loss in case the pattern fails.
RSI-EMA-Crossing with Donchian-Stop-LossThe Donchian RSI Indicator is a visual tool that combines momentum and trend analysis to identify high-quality long opportunities based on RSI crossovers, price action, and Donchian channel dynamics.
How It Works
Momentum Signal: A bullish RSI crossover is detected when the RSI crosses above its moving average.
Trend Filter: A signal is only valid if the crossover occurs while the price is above its moving average – filtering out entries against the prevailing trend.
Signal Candle: The high of the crossover candle is stored.
Entry Trigger: A valid signal occurs when a later candle closes above that signal high.
Stop-Loss (Visual Only)
The lower band of the Donchian Channel acts as a visual reference for a dynamic stop-loss level.
Features
Customizable RSI, Donchian Channel, and moving average lengths
Selectable MA types: SMA, EMA, WMA, VWMA, HMA
Signal candle highlighted (yellow background)
Entry points labeled on the chart
Price MA and Donchian Channel plotted
Trend filter improves signal quality by confirming upward bias
Use Case
Designed for swing and position traders
Optimized for use on daily or 4H charts
