Daytrade Forex Scalper TwinPulse Auction Timer IndicatorWhat this indicator is
TwinPulse Auction Timer is a multi component execution aid designed for liquid markets. It looks for two families of opportunities
Breakouts that leave a compression area after a fresh sweep
Reversals that trigger after a sweep with strong wick polarity
It does not try to predict future prices. It measures present auction conditions with transparent rules and shows you when those conditions align. You get a simple table that says LONG SHORT or WAIT, optional session shading, clean entry and exit level visuals, and alerts you can wire to your workflow.
Why it is different
Most tools show a single signal. TwinPulse combines several independent signals into an Edge Score that you can tune. The components are
• Pulse. A signed measure of wick asymmetry with candle body direction
• Compression. Current true range compared with an average range
• Sweep timer. Bars elapsed since the most recent sweep of a prior high or low
• Bias. Direction of a higher timeframe candle
• Regime. Efficiency ratio and the relation of micro to macro volatility
• Location. Distance from the daily anchored VWAP
• Session. London and New York filter by time windows
Each component is visible in the inputs and in the table so you can understand why a suggestion appears. The script uses request.security() with lookahead off in all calls so it does not peek into the future. Shapes may move while a bar is open since price is still forming. They stop moving when the bar closes.
What you will see on the chart
• L and S shapes on entry bars
• An Exit shape at the price where a stop or the runner target would have been hit
• Four horizontal lines while a trade is active
Entry
Stop
TP1 at one R
TP2 at the runner target expressed in R
• Labels anchored to each line so you can instantly read Entry SL TP1 and TP2 with current values
• Optional shading during your session windows
• Optional daily VWAP line
The table in the top right shows
Action LONG SHORT IN LONG IN SHORT or WAIT
Session ON or OFF
Bias UP DOWN or FLAT
Pulse value
Compression value
Edge L percent and Edge S percent
How it works in detail
Pulse
For each bar the script measures up wick minus down wick divided by range and multiplies that by the sign of the candle body. The result is averaged with pulse_len. Positive numbers indicate aggressive buying. Negative numbers indicate aggressive selling. You control the minimum absolute value with pulse_thr.
Compression
Compression is the ratio of current range to an average range. You can choose the range basis. HL SMA uses simple high minus low smoothed by range_len. ATR uses classic True Range smoothed by atr_len. Values below comp_thr indicate a coil.
Sweeps and the timer
A sweep occurs when price trades beyond the highest high or lowest low seen in the previous sweep_len bars. A strict sweep requires a close back inside that prior range. The timer measures how many bars have elapsed since the last sweep. Breakout setups require the timer to exceed timer_thr.
Bias on a confirmation timeframe
A higher timeframe candle is read with confirm_tf. If close is above open bias is UP. If close is below open bias is DOWN. This keeps breakouts aligned with the prevailing drift.
Regime filters
Efficiency ratio measures the straight line change over the sum of absolute bar to bar changes over er_len. It rises in trendy conditions and falls in noise. Minimum efficiency is controlled by er_min.
Micro to macro volatility ratio compares a short lookback average range with a longer lookback average range using your chosen basis. For breakouts you usually want micro volatility to be near or above macro hence mvr_min. For reversals you often want micro volatility that is not overheated relative to macro hence mvr_max_rev.
VWAP distance gate
Daily anchored VWAP is rebuilt from the open of each session. The script computes the absolute distance from VWAP in units of your average range and requires that distance to exceed vwap_dist_thr when use_vwap_gate is true. This keeps entries away from the mean.
Edge Score
Each gate contributes a weight that you control. The script sums weights of the satisfied gates and divides by the sum of all weights to produce an Edge percent for long and an Edge percent for short. You can then require a minimum Edge percent using edge_min_pct. This turns the indicator into a step by step checklist that you can tune to your taste.
Using the indicator step by step
Choose markets and timeframes
The logic is designed for liquid instruments. Major currency pairs, index futures and cash index CFDs, and the most liquid crypto pairs work well. On intraday use one to fifteen minutes for signals and fifteen to sixty minutes for confirmation. On swing use one hour to one day for signals and one day for confirmation.
Decide on entry mode
Breakouts require a compression area and a sweep timer. Reversals require a strict sweep and a strong pulse. If you are unsure leave the default which allows both.
Pick a range basis
For FX and crypto HL SMA is often stable. For indices and single name equities with gaps ATR can adapt better. If results look too reactive increase the window. If results are too slow reduce it.
Tune regime filters
If you trade trend continuation raise er_min and mvr_min. If you trade counter rotation lower them and rely on the reversal path with the strict sweep condition.
Set the VWAP gate
Enabling it helps you avoid entries at the mean. Push the threshold higher on range bound days. Reduce it in strong trend days.
Table driven decision
Watch Action and the Edge percents. If the script says WAIT you can read Pulse and Compression to see what is missing. Often the best trades appear when both Edge percents are well separated and your session switch is ON.
Use the visuals
When a suggestion triggers you will see entry stop and targets. You can mirror the levels in your own workflow or use alerts.
Consider bar close
Signals are computed in real time. For a strict process you can wait until the bar closes to reduce noise.
Inputs explained with quick guidance
Setup
Signal TF chooses where the logic is computed. Leave blank to use the chart.
Confirm TF sets the higher timeframe for bias.
Session filter restricts signals to the London and New York windows you specify.
Invert flips long and short. It is useful on inverse instruments.
Logic options
Entry mode allows Breakouts Reversals or Both.
Average range basis selects HL SMA or ATR.
ATR length is used when ATR is selected.
Pulse source can be Regular OHLC or Heikin Ashi. Heikin Ashi smooths noisy series, but the script still runs on regular bars and you should publish and use it on standard candles to respect the platform guidance.
Core numeric settings
Sweep lookback controls the size of the liquidity pool targeted by the sweep condition.
Pulse window smooths the wick polarity measure.
Average range window controls your base range when you use HL SMA.
Pulse threshold sets the minimum polarity required.
Compression threshold sets the maximum current range relative to average to consider the market coiled.
Expansion timer bars sets how much time has passed since the last sweep before you allow a breakout.
Regime filters
Efficiency ratio length and minimum value keep you out of aimless drift.
Micro and Macro range lengths feed the micro to macro ratio.
Minimum micro to macro for breakouts and maximum micro to macro for reversals steer the two entry families.
VWAP gate and distance threshold keep you away from the mean.
Levels and trade management visuals
Runner target in R sets TP2 as a multiple of initial risk.
Stop distance as average range multiple sets initial risk size for the visuals.
Move stop to entry after one R touch turns on break even logic once price has traveled one risk unit.
Trail buffer as R fraction uses the last sweep as an anchor and keeps a dynamic stop at a chosen fraction of R beyond it.
Cooldown after exit prevents immediate re entries.
Edge Score
Weights for pulse compression timer bias efficiency ratio micro to macro VWAP gate and session let you align the checklist with your style.
Minimum Edge percent to suggest applies a final filter to LONG or SHORT suggestions.
UI
Table and markers switch the compact dashboard and the shapes.
TP and SL lines and labels draw and name each level.
TP1 partial label percent is printed in the TP1 label for clarity.
Session shading helps with focus.
Daily VWAP line is optional.
Alerts
The script provides alerts for Long Short Exit and for Edge percent crossing the threshold on either side. Use them to drive notifications or to sync with webhooks and your broker integration. Alerts trigger in real time and will repaint during a bar. For conservative use trigger on bar close.
Recommended presets
Intraday trend continuation
Confirm TF fifteen minutes
Entry mode Breakouts
Range basis HL SMA
Pulse threshold near 0.10
Compression threshold near 0.60
Timer around 18
Minimum efficiency ratio near 0.20
Minimum micro to macro near 1.00
VWAP gate enabled with distance near 0.35
Edge minimum 50 or higher
Intraday mean reversion at sweeps
Entry mode Reversals
Pulse source Regular OHLC
Compression threshold can be a little higher
Maximum micro to macro near 1.60
Efficiency ratio minimum lower near 0.12
VWAP gate enabled
Edge minimum 40 to 60
Swing trend continuation
Signal TF one hour
Confirm TF one day
Range basis ATR
ATR length around 14
Average range window 20 to 30
Efficiency ratio minimum near 0.18
Micro to macro windows 12 and 60
Edge minimum 50 to 70
These are starting points only. Your instrument and timeframe will require small adjustments.
Limitations and honest warnings
No indicator is perfect. TwinPulse will mark attractive conditions that do not always lead to profitable trades. During economic releases or very thin liquidity the assumptions behind compression and sweeps may fail. In strong gap environments the HL SMA basis may lag while ATR may overreact. Heikin Ashi pulse can help in choppy markets but it will lag during sharp reversals. Session times use the exchange time of your chart. If you switch symbol or exchange verify the windows.
Edge percent is not a probability of profit. It is the fraction of satisfied gates with your chosen weights. Two traders can set different weights and see different Edge readings on the same bar. That is the design. The score is a guide that helps you act with discipline.
This indicator does not place orders or manage real risk. The lines and labels show a model entry a model stop and two model targets built from the average range at entry and from recent swing points. Use them as references and not as hard rules. Always test on historical data and demo first. Past results do not guarantee anything in the future.
Credits and originality
All code in this publication is original and written for this indicator. The concept of the efficiency ratio originates from Perry Kaufman. The use of a daily anchored volume weighted average price is a standard industry tool. The specific combination of pulse from wick polarity strict sweep timing compression and the tunable Edge Score is unique to this script at the time of publication. If you reuse parts of the open source code in your own work remember to credit the author and contribute meaningful improvements.
How to read the table at a glance
Action reflects your current state.
IN LONG or IN SHORT appears while a trade is active.
LONG or SHORT appears when conditions for entry are met and the Edge threshold is satisfied.
WAIT appears when at least one gate is missing.
Session shows ON during your chosen windows.
Bias shows the color of the confirmation candle.
Pulse is the smoothed polarity number.
Comp shows current range divided by the average range. Values below one mean compression.
Edge L percent and Edge S percent show the long and short checklists as percents.
Final thoughts
Markets move because orders accumulate at certain prices and at certain times. The indicator tries to measure two things that often matter at those turning points. One is the existence of a hidden imbalance revealed by wick polarity and by sweeps of prior extremes. The other is the presence of energy stored in a coil that can release in the direction of a drift. Neither force guarantees profit. Together they can improve your selection and your timing.
Use the defaults for a few days so you learn the personality of the signals. After that adjust one group at a time. Start with the session filter and the Edge threshold. Then tune compression and the timer. Finally adjust the regime filters. Keep notes. You will learn which weights matter for your market and timeframe. The result is a process you can apply with consistency.
Disclaimer
This script and description are for education and analysis. They are not investment advice and they do not promise future results. Use at your own risk. Test thoroughly on historical data and in simulation before considering any live use.
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Bitcoin vs. Gold correlation with lagBTC vs Gold (Lag) + Correlation — multi-timeframe, publication notes
What it does
Plots Gold on the same chart as Bitcoin, with a configurable lead/lag.
Lets you choose how the series is displayed:
Gold shifted forward (+lag on chart) — shows gold ahead of BTC on the time axis (visual offset).
Gold aligned to BTC (gold lag) — standard alignment; gold is lagged for calculation and plotted in place.
BTC 200D Lag (BTC shifted forward) — visualizes BTC shifted forward (like popular “BTC 200D Lag” charts).
Computes Pearson correlations between BTC (no lag) and Gold (with lag) over multiple lookback windows equivalent to:
30d, 60d, 90d, 180d, 365d, 2y (730d), 3y (1095d), 5y (1825d).
Shows a table with the correlation values, automatically scaled to the current timeframe.
Why this is useful
A common macro claim is that BTC tends to follow Gold with a delay (e.g., ~200 trading days). This tool lets you:
Visually advance Gold (or BTC) to see that lead-lag relationship on the chart.
Quantify the relationship with rolling correlations.
Switch timeframes (D/W/M/…): everything automatically stays in sync.
Quick start
Open a BTC chart (any exchange).
Add the indicator.
Set Gold symbol (default TVC:GOLD; alternatives: OANDA:XAUUSD, COMEX:GC1!, etc.).
Choose Lag value and Lag unit (Days/Weeks/Months/Years/Bars).
Pick Visual Mode:
To mirror those “BTC 200D Lag” posts: choose “BTC 200D Lag (BTC shifted forward)” with 200 Days.
To view Gold 200D ahead of BTC: select “Gold shifted forward (+lag on chart)” with 200 Days.
Keep Rebase to 100 ON for an apples-to-apples visual scale. (You can move the study to the left price scale if needed.)
Inputs
Gold symbol: external series to pair with BTC.
Lag value: numeric value.
Lag unit: Days, Weeks, Months (≈30d), Years (≈365d), or direct Bars.
Visual mode:
Gold shifted forward (+lag on chart) → gold is offset to the right by the lag (visual only).
Gold aligned to BTC (gold lag) → standard plot (no visual offset); correlations still use lagged gold.
BTC 200D Lag (BTC shifted forward) → BTC is offset to the right by the lag (visual only).
Rebase to 100 (visual): rescales each series to 100 on its first valid bar for clearer comparison.
Show gold without lag (debug): optional reference line.
Show price tag for gold (lag): toggles the track price label.
Timeframe handling
The study uses the current chart timeframe for both BTC and Gold (timeframe.period).
Lag in time units (Days/Weeks/Months/Years) is internally converted to an integer number of bars of the active timeframe (using timeframe.in_seconds).
Example: on W (weekly), 200 days ≈ 29 bars.
On intraday timeframes, days are converted proportionally.
Correlation math
Correlation = ta.correlation(BTC, Gold_lagged, length_in_bars)
Lookback lengths are the bar-equivalents of 30/60/90/180/365/730/1095/1825 days in the active timeframe.
Important: correlations are computed on prices (not returns). If you prefer returns-based correlation (often more statistically robust), duplicate the script and replace price inputs with change(close) or ta.roc(close, 1).
Reading the table
Window: nominal day label (e.g., 30d, 1y, 5y).
Bars (TF): how many bars that window equals on the current timeframe.
Correlation: Pearson coefficient . Background tint shows intensity and sign.
Tips & caveats
Visual offsets (offset=) move series on screen only; they don’t affect the math. The math always uses BTC (no lag) × Gold (lagged).
With large lags on high timeframes, early bars will be na (normal). Scroll forward / reduce lag.
If your Gold feed doesn’t load, try an alternative symbol that your plan supports.
Rebase to 100 helps visibility when BTC ($100k) and Gold ($2k) share a scale.
Months/Years use 30/365-day approximations. For exact control, use Days or Bars.
Correlations on very short lengths or sparse data can be unstable; consider the longer windows for sturdier signals.
This is a visual/analytical tool, not a trading signal. Always apply independent risk management.
Suggested setups
Replicate “BTC 200D Lag” charts:
Visual Mode: BTC 200D Lag (BTC shifted forward)
Lag: 200 Days
Rebase: ON
Gold leads BTC (Gold ahead):
Visual Mode: Gold shifted forward (+lag on chart)
Lag: 200 Days
Rebase: ON
Compatibility: Pine v6, overlay study.
Best with: BTCUSD (any exchange) + a reliable Gold feed.
Author’s note: Lead-lag relationships are not stable over time; treat correlations as descriptive, not predictive.
Dynamic Swing Anchored VWAP STRAT (Zeiierman/PineIndicators)Dynamic Swing Anchored VWAP STRATEGY — Zeiierman × PineIndicators (Pine Script v6)
A pivot-to-pivot Anchored VWAP strategy that adapts to volatility, enters long on bullish structure, and closes on bearish structure. Built for TradingView in Pine Script v6.
Full credits to zeiierman.
Repainting notice: The original indicator logic is repainting. Swing labels (HH/HL/LH/LL) are finalized after enough bars have printed, so labels do not occur in real time. It is not possible to execute at historical label points. Treat results as educational and validate with Bar Replay and paper trading before considering any discretionary use.
Concept
The script identifies swing highs/lows over a user-defined lookback ( Swing Period ). When structure flips (most recent swing low is newer than the most recent swing high, or vice versa), a new regime begins.
At each confirmed pivot, a fresh Anchored VWAP segment is started and updated bar-by-bar using an EWMA-style decay on price×volume and volume.
Responsiveness is controlled by Adaptive Price Tracking (APT) . Optionally, APT auto-adjusts with an ATR ratio so that high volatility accelerates responsiveness and low volatility smooths it.
Longs are opened/held in bullish regimes and closed when the regime turns bearish. No short positions are taken by design.
How it works (under the hood)
Swing detection: Uses ta.highestbars / ta.lowestbars over prd to update swing highs (ph) and lows (pl), plus their bar indices (phL, plL).
Regime logic: If phL > plL → bullish regime; else → bearish regime. A change in this condition triggers a re-anchor of the VWAP at the newest pivot.
Adaptive VWAP math: APT is converted to an exponential decay factor ( alphaFromAPT ), then applied to running sums of price×volume and volume, producing the current VWAP estimate.
Rendering: Each pivot-anchored VWAP segment is drawn as a polyline and color-coded by regime. Optional structure labels (HH/HL/LH/LL) annotate the swing character.
Orders: On bullish flips, strategy.entry("L") opens/maintains a long; on bearish flips, strategy.close("L") exits.
Inputs & controls
Swing Period (prd) — Higher values identify larger, slower swings; lower values catch more frequent pivots but add noise.
Adaptive Price Tracking (APT) — Governs the VWAP’s “half-life.” Smaller APT → faster/closer to price; larger APT → smoother/stabler.
Adapt APT by ATR ratio — When enabled, APT scales with volatility so the VWAP speeds up in turbulent markets and slows down in quiet markets.
Volatility Bias — Tunes the strength of APT’s response to volatility (above 1 = stronger effect; below 1 = milder).
Style settings — Colors for swing labels and VWAP segments, plus line width for visibility.
Trade logic summary
Entry: Long when the swing structure turns bullish (latest swing low is more recent than the last swing high).
Exit: Close the long when structure turns bearish.
Position size: qty = strategy.equity / close × 5 (dynamic sizing; scales with account equity and instrument price). Consider reducing the multiplier for a more conservative profile.
Recommended workflow
Apply to instruments with reliable volume (equities, futures, crypto; FX tick volume can work but varies by broker).
Start on your preferred timeframe. Intraday often benefits from smaller APT (more reactive); higher timeframes may prefer larger APT (smoother).
Begin with defaults ( prd=50, APT=20 ); then toggle “Adapt by ATR” and vary Volatility Bias to observe how segments tighten/loosen.
Use Bar Replay to watch how pivots confirm and how the strategy re-anchors VWAP at those confirmations.
Layer your own risk rules (stops/targets, max position cap, session filters) before any discretionary use.
Practical tips
Context filter: Consider combining with a higher-timeframe bias (e.g., daily trend) and using this strategy as an entry timing layer.
First pivot preference: Some traders prefer only the first bullish pivot after a bearish regime (and vice versa) to reduce whipsaw in choppy ranges.
Deviations: You can add VWAP deviation bands to pre-plan partial exits or re-entries on mean-reversion pulls.
Sessions: Session-based filters (RTH vs. ETH) can materially change behavior on futures and equities.
Extending the script (ideas)
Add stops/targets (e.g., ATR stop below last swing low; partial profits at k×VWAP deviation).
Introduce mirrored short logic for two-sided testing.
Include alert conditions for regime flips or for price-VWAP interactions.
Incorporate HTF confirmation (e.g., only long when daily VWAP slope ≥ 0).
Throttle entries (e.g., once per regime flip) to avoid over-trading in ranges.
Known limitations
Repainting: Swing labels and pivot confirmations depend on future bars; historical labels can look “perfect.” Treat them as annotations, not executable signals.
Execution realism: Strategy includes commission and slippage fields, yet actual fills differ by venue/liquidity.
No guarantees: Past behavior does not imply future results. This publication is for research/education only and not financial advice.
Defaults (backtest environment)
Initial capital: 10,000
Commission value: 0.01
Slippage: 1
Overlay: true
Max bars back: 5000; Max labels/polylines set for deep swing histories
Quick checklist
Add to chart and verify that the instrument has volume.
Use defaults, then tune APT and Volatility Bias with/without ATR adaptation.
Observe how each pivot re-anchors VWAP and how regime flips drive entries/exits.
Paper trade across several symbols/timeframes before any discretionary decisions.
Attribution & license
Original indicator concept and logic: Zeiierman — please credit the author.
Strategy wrapper and publication: PineIndicators .
License: CC BY-NC-SA 4.0 (Attribution-NonCommercial-ShareAlike). Respect the license when forking or publishing derivatives.
PowerTrend Pro Strategy – Gold OptimizedTired of false signals on Gold?
PowerTrend Pro combines VWAP, Supertrend, RSI, and smart MA filters with trailing stops & break-even logic to deliver high-probability trades on XAUUSD.
PowerTrend Pro Strategy is a professional-grade trading system designed to capture high-probability swing and intraday opportunities on XAUUSD (Gold) and other volatile markets.
🔑 Core Features
VWAP Anchoring – institutional fair value reference to filter trades.
Supertrend (ATR-based) – adaptive trend filter tuned for Gold’s volatility.
Multi-Timeframe RSI – confirms momentum alignment across intraday and higher timeframe.
EMA + SMA Combo – ensures trades follow strong directional bias, reducing false signals.
Dynamic Risk Management
Adjustable Take Profit / Stop Loss (%)
Trailing Stop that locks in profits on extended moves
Break-Even Logic (stop loss moves to entry once price is in profit)
⚡ Gold-Tuned Presets
XAUUSD 1H → tighter TP/SL & faster entries for active intraday trading.
XAUUSD 4H → wider ATR filter & trailing stops to capture bigger swings.
Generic Mode → works on Forex, Indices, and Crypto (fully customizable).
🎯 Why It Works
Gold is notoriously volatile — quick spikes wipe out weak strategies. PowerTrend Pro solves this by combining:
✅ Institutional bias (VWAP)
✅ Adaptive trend filter (Supertrend)
✅ Momentum confirmation (RSI MTF)
✅ Robust trend structure (EMA + SMA)
✅ Smart exits (TP, SL, trailing & breakeven)
This multi-layer confirmation makes entries stronger and keeps risk under control.
🛠️ Usage
Add the strategy to your chart.
Choose a preset (XAUUSD 1H, 4H, or Generic).
Run Strategy Tester for performance metrics.
Optimize TP/SL and ATR values for your broker & market conditions.
🔥 Pro Tip: Combine this strategy with a session filter (London/NY overlap) or volume confirmation to boost accuracy in Gold.
STOCK EXCHANGE + SILVER BULLET FRAMESThis script is an updated version of the " NY/LDN/TOK Stock Exchange Opening Hours " script.
Objective
Displays global stock exchange sessions (New York, London, Tokyo) with session frames, highs/lows, and opening lines. Includes ICT Silver Bullet windows (NY, London, Tokyo) with configurable shading. Past sessions are frozen at close, ongoing sessions update dynamically until closure, and upcoming sessions are pre-drawn. Fully customizable with options for weekends, labels, padding, opacity, and individual session toggles.
It is designed to help traders quickly interpret market context, liquidity zones, and session-based price behavior.
Main Features
Past sessions (historical data)
• Session Frames:
• Each box is frozen at the session’s close.
• The left edge aligns with the opening time, while the right edge is fixed at the closing time.
• The top and bottom reflect the highest and lowest prices during the session.
• Session Labels:
• Names (NY, LDN, TOK) displayed above the frame, aligned left, in the same color as the frame.
• Opening Lines:
• Vertical dotted lines mark the start of each session.
Ongoing and upcoming sessions (live market)
• Dynamic Session Frames:
• The right edge is locked at the future close time.
• The top and bottom update in real time as new highs and lows form.
• Labels and Lines:
• The session label is visible above the active frame.
• Opening lines are drawn as soon as the session begins.
Silver Bullet Time Windows (ICT concept)
• Highlights key liquidity windows within sessions:
• New York: 10:00–11:00 and 14:00–15:00
• London: 08:00–09:00
• Tokyo: 09:00–10:00
• Silver Bullet zones are shaded with configurable opacity (default 5%).
Customization and Options
• Enable or disable individual sessions (NY, London, Tokyo).
• Toggle weekend display (frames and Silver Bullets).
• Adjust label size, padding, and text visibility.
• Control frame opacity (default 0%).
• Optimized memory management with automatic pruning of old graphical objects.
XAUUSD to GC1! ConverterThis simple utility indicator compares the spot gold price (XAUUSD) with the COMEX gold futures contract (GC1!).
It calculates the current spread between the two instruments and allows you to input a signal price on XAUUSD to instantly see the equivalent price on GC1!.
Perfect for traders who receive alerts on spot gold but execute on futures, ensuring seamless price adaptation.
Momentum Candle V2 by Sekolah Trading📌 Momentum Candle V2 by Sekolah Trading – Pair-Based Volatility & Wick Ratio Filter
This script provides a structured and adaptive approach to detecting high-probability momentum candles in intraday markets. It dynamically adjusts pip thresholds and wick filtering conditions based on the selected symbol and timeframe, making it highly practical for real-time trading.
🔍 Concept and Originality
Momentum Candle V2 by Sekolah Trading implements a custom-built methodology combining:
Dynamic Pip Calibration
For each supported instrument (e.g., XAUUSD, USDJPY, GBPUSD, AUDUSD, EURUSD, BTCUSD), the user can define a pip threshold that determines the minimum valid body size for momentum candles. These thresholds are tailored for each pair and timeframe (M5, M15, H1), ensuring the logic adjusts to different volatility profiles.
Wick-to-Body Ratio Filtering
The script filters out candles with large wicks by requiring that total wick length (upper + lower) be no more than 30% of the full candle range. This helps identify decisive candles with minimal rejection.
Directional Validation
Bullish momentum is defined as: Close > Open with a shorter upper wick.
Bearish momentum is: Close < Open with a shorter lower wick.
Real-Time Timing Filter
Alerts are only triggered when the current candle is between 20 and 90 seconds from closing, which reduces noise and encourages confirmation-based entry.
Non-Repainting Logic
All calculations run in real-time with confirmed candles only — no lookahead or future leak.
📊 Visual Output – How to Read the Chart
When the conditions above are met, the script displays triangle markers on the chart:
🔺 Red downward triangle above the candle: valid bearish momentum signal
🔻 Blue upward triangle below the candle: valid bullish momentum signal
These shapes appear on live bars during the final moments of the candle to alert traders to potential confirmed momentum.
🔔 Alert Conditions
Two alert types are provided:
Momentum Bullish: Large bullish candle with small upper wick, during last 20–90s of bar
Momentum Bearish: Large bearish candle with small lower wick, same timing window
Alerts are designed for precision entries at candle close.
🧭 How to Use
Apply the script to a 5m, 15m, or 1h chart.
Configure pip thresholds for your preferred pairs from the input settings.
Watch for triangle markers near the close of each candle:
Blue = potential bullish momentum
Red = potential bearish momentum
Set alerts:
Go to Alerts → Select Momentum Bullish or Momentum Bearish
Frequency: Once Per Bar
Customize message: e.g. “Momentum Bullish on XAUUSD M15”
Combine signals with:
EMA, S/R, or trend filters
Volume/Order Flow
Liquidity zone or breakout context
🛡️ Why This Script Is Closed-Source
This script uses proprietary logic developed by Sekolah Trading, including:
Custom pip calibration engine
Adaptive wick filtering
Real-time entry validation with triangle plots
While the code is protected, the methodology has been explained transparently here in accordance with TradingView publishing rules.
⚠️ Disclaimer
This script is provided for educational and technical analysis purposes only.
It does not guarantee results or provide financial advice. Always verify trades with your own strategy and risk controls.
Author: Sekolah Trading
Version: Momentum Candle V2
Built with Pine Script v6
RSI Multi-Timeframe Dashboard by giua64)### Summary
This is an advanced dashboard that provides a comprehensive overview of market strength and momentum, based on the Relative Strength Index (RSI) analyzed across 6 different timeframes simultaneously (from 5 minutes to the daily chart).
The purpose of this script is to offer traders an immediate and easy-to-read summary of market conditions, helping to identify the prevailing trend direction, overbought/oversold levels, and potential reversals through divergence detection. All of this is available in a single panel, eliminating the need to switch timeframes on your main chart.
### Key Features
* **Multi-Timeframe Analysis:** Simultaneously monitors the 5m, 15m, 30m, 1H, 4H, and Daily timeframes.
* **Scoring System:** Each timeframe is assigned a score based on multiple RSI conditions (e.g., above/below 50, overbought/oversold status, direction) to quantify bullish or bearish strength.
* **Aggregated Signal:** The dashboard calculates a total percentage score and provides a clear summary signal: **LONG**, **SHORT**, or **WAIT**.
* **Divergence Detection:** Automatically identifies Bullish and Bearish divergences between price and RSI for each timeframe.
* **Non-Repainting Option:** In the settings, you can choose to base calculations on the close of the previous candle (`Use RSI on Closed Candle`). This ensures that past signals (like status and score) do not change, providing more reliable data for analysis.
* **Fully Customizable:** Users can modify the RSI period, overbought/oversold thresholds, divergence detection settings, and the appearance of the table.
### How to Read the Dashboard
The table consists of 6 columns, each providing specific information:
* **% (Total Score):**
* **Header:** Shows the overall strength as a percentage. A positive value indicates bullish momentum, while a negative value indicates bearish momentum. The background color changes based on intensity.
* **Rows:** Displays the numerical score for the individual timeframe.
* **RSI:**
* **Header:** The background color indicates the average of all RSI values. Green if the average is > 50, Red if < 50.
* **Rows:** Shows the real-time RSI value for that timeframe.
* **Signal (Status):**
* **Header:** This is the final operational signal. It turns **🟢 LONG** when bullish strength is high, **🔴 SHORT** when bearish strength is high, and **⚪ WAIT** in neutral conditions.
* **Rows:** Describes the RSI status for that timeframe (e.g., Bullish, Bearish, Overbought, Oversold).
* **Dir (Direction):**
* **Header:** Displays an arrow representing the majority direction across all timeframes.
* **Rows:** Shows the instantaneous direction of the RSI (↗️ for rising, ↘️ for falling).
* **Diverg (Divergence):**
* Indicates if a bullish (`🟢 Bull`) or bearish (`🔴 Bear`) divergence has been detected on that timeframe.
* **TF (Timeframe):**
* Indicates the reference timeframe for that row.
### Advantages and Practical Use
This tool was created to solve a common problem: the need to analyze multiple charts to understand the bigger picture. With this dashboard, you can:
1. **Confirm a Trend:** A predominance of green and a "LONG" signal provides strong confirmation of bullish sentiment.
2. **Identify Weakness:** Red signals on higher timeframes can warn of an impending loss of momentum.
3. **Spot Turning Points:** A divergence on a major timeframe can signal an excellent reversal opportunity.
### Originality and Acknowledgements
This script is an original work, written from scratch by giua64. The idea was to create a comprehensive and visually intuitive tool for RSI analysis.
Any feedback, comments, or suggestions to improve the script are welcome!
**Disclaimer:** This is a technical analysis tool and should not be considered financial advice. Always do your own research and backtest any tool before using it in a live trading environment.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
giua64
borsamercati.it – Educational tools by giua64
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
CHN BUY SELL with EMA 200Overview
This indicator combines RSI 7 momentum signals with EMA 200 trend filtering to generate high-probability BUY and SELL entry points. It uses colored candles to highlight key market conditions and displays clear trading signals with built-in cooldown periods to prevent signal spam.
Key Features
Colored Candles: Visual momentum indicators based on RSI 7 levels
Trend Filtering: EMA 200 confirms overall market direction
Signal Cooldown: Prevents over-trading with adjustable waiting periods
Clean Interface: Simple BUY/SELL labels without clutter
How It Works
Candle Coloring System
Yellow Candles: Appear when RSI 7 ≥ 70 (overbought momentum)
Purple Candles: Appear when RSI 7 ≤ 30 (oversold momentum)
Normal Candles: All other market conditions
Trading Signals
BUY Signal: Triggered when closing price > EMA 200 AND yellow candle appears
SELL Signal: Triggered when closing price < EMA 200 AND purple candle appears
Signal Cooldown
After a BUY or SELL signal appears, the same signal type is suppressed for a specified number of candles (default: 5) to prevent excessive signals in ranging markets.
Settings
RSI 7 Length: Period for RSI calculation (default: 7)
RSI 7 Overbought: Threshold for yellow candles (default: 70)
RSI 7 Oversold: Threshold for purple candles (default: 30)
EMA Length: Period for trend filter (default: 200)
Signal Cooldown: Candles to wait between same signal type (default: 5)
How to Use
Apply the indicator to your chart
Look for yellow or purple colored candles
For LONG entries: Wait for yellow candle above EMA 200, then enter BUY when signal appears
For SHORT entries: Wait for purple candle below EMA 200, then enter SELL when signal appears
Use appropriate risk management and position sizing
Best Practices
Works best on timeframes M15 and higher
Suitable for Forex, Gold, Crypto, and Stock markets
Consider market volatility when setting stop-loss and take-profit levels
Use in conjunction with proper risk management strategies
Technical Details
Overlay: True (plots directly on price chart)
Calculation: Based on RSI momentum and EMA trend analysis
Signal Logic: Combines momentum exhaustion with trend direction
Visual Feedback: Colored candles provide immediate market condition awareness
Adaptive Multi-TF Indicator Table with Presets giua64📌 Script Name:
Adaptive Multi-Timeframe Indicator Table with Presets — giua64
📄 Description:
This script displays an adaptive multi-timeframe dashboard that summarizes the signals of three key technical indicators:
Moving Averages (MAs), Relative Strength Index (RSI), and MACD.
It provides a fast and visually intuitive overview of market conditions across five timeframes (5m, 15m, 30m, 1h, 4h), helping traders quickly identify potential directional biases (e.g., bullish, bearish, or neutral) based on either predefined presets or fully manual settings.
🧰 Preset Configurations:
You can choose between four trading styles, each with optimized indicator parameters:
Scalping
• MAs: 5 / 10 (Fast), 20 / 50 (Slow)
• RSI: 7 periods | Overbought: 70 | Oversold: 30
• MACD: 5 / 13 | Signal: 3
Intraday
• MAs: 9 / 21 (Fast), 50 / 100 (Slow)
• RSI: 14 periods | Overbought: 60 | Oversold: 40
• MACD: 12 / 26 | Signal: 9
Swing
• MAs: 10 / 20 (Fast), 50 / 200 (Slow)
• RSI: 14 periods | Overbought: 65 | Oversold: 35
• MACD: 12 / 26 | Signal: 9
Manual
• Full custom control over all indicator settings.
🛠️ All settings can be customized manually from the options panel, including the exact MA periods, RSI thresholds, and MACD structure.
🧠 How It Works:
For each timeframe, the script evaluates:
MA crossover status (two levels):
The first symbol refers to the crossover of the fast MAs
The second symbol refers to the crossover of the slow MAs
🟢 = Bullish crossover
🔴 = Bearish crossover
➖ = Flat or no clear signal
RSI Direction:
↑ = RSI above upper threshold (potential overbought)
↓ = RSI below lower threshold (potential oversold)
→ = RSI in neutral range
MACD Line vs Signal Line:
↑ = MACD line is above signal line (bullish)
↓ = MACD line is below signal line (bearish)
→ = Flat or neutral signal
Each signal is assigned a numerical score. These are aggregated per timeframe to compute a combined score that reflects the directional bias for that specific time window.
🧠 Adaptive Logic by Asset:
This script is designed to be universally compatible across all asset types — including forex, crypto, stocks, indices, and commodities.
Thanks to its multi-timeframe nature and flexible indicator presets, the script automatically adjusts its behavior based on the asset selected, ensuring relevant analysis without requiring manual recalibration.
🧾 Summary Table Output:
At the bottom of the dashboard, a combined sentiment is displayed for:
3TF → 5m, 15m, 30m
4TF → Adds 1h
5TF → Adds 4h
Each row shows:
Signal → LONG / SHORT / NEUTRAL
Confidence (%) → Based on score aggregation and signal consistency
📌 Customization Options:
Table Position: Left, Right, or Center
Text Size: Small, Normal, or Large
Full Manual Configuration: All MA, RSI, and MACD parameters can be adjusted as needed
⚠️ Disclaimer:
This script is for educational and analytical purposes only.
It does not constitute financial advice or guarantee any trading results.
Always do your own research and apply responsible risk management.
ATR Volatility giua64ATR Volatility giua64 – Smart Signal + VIX Filter
📘 Script Explanation (in English)
Title: ATR Volatility giua64 – Smart Signal + VIX Filter
This script analyzes market volatility using the Average True Range (ATR) and compares it to its moving average to determine whether volatility is HIGH, MEDIUM, or LOW.
It includes:
✅ Custom or preset configurations for different asset classes (Forex, Indices, Gold, etc.).
✅ An optional external volatility index input (like the VIX) to refine directional bias.
✅ A directional signal (LONG, SHORT, FLAT) based on ATR strength, direction, and external volatility conditions.
✅ A clean visual table showing key values such as ATR, ATR average, ATR %, VIX level, current range, extended range, and final signal.
This tool is ideal for traders looking to:
Monitor the intensity of price movements
Filter trading strategies based on volatility conditions
Identify momentum acceleration or exhaustion
⚙️ Settings Guide
Here’s a breakdown of the user inputs:
🔹 ATR Settings
Setting Description
ATR Length Number of periods for ATR calculation (default: 14)
ATR Smoothing Type of moving average used (RMA, SMA, EMA, WMA)
ATR Average Length Period for the ATR moving average baseline
🔹 Asset Class Preset
Choose between:
Manual – Define your own point multiplier and thresholds
Forex (Pips) – Auto-set for FX markets (high precision)
Indices (0.1 Points) – For index instruments like DAX or S&P
Gold (USD) – Preset suitable for XAU/USD
If Manual is selected, configure:
Setting Description
Points Multiplier Multiplies raw price ranges into useful units (e.g., 10 for Gold)
Low Volatility Threshold Threshold to define "LOW" volatility
High Volatility Threshold Threshold to define "HIGH" volatility
🔹 Extended Range and VIX
Setting Description
Timeframe for Extended High/Low Used to compare larger price ranges (e.g., Daily or Weekly)
External Volatility Index (VIX) Symbol for a volatility index like "VIX" or "EUVI"
Low VIX Threshold Below this level, VIX is considered "low" (default: 20)
High VIX Threshold Above this level, VIX is considered "high" (default: 30)
🔹 Table Display
Setting Description
Table Position Where the visual table appears on the chart (e.g., bottom_center, top_left)
Show ATR Line on Chart Whether to display the ATR line directly on the chart
✅ Signal Logic Summary
The script determines the final signal based on:
ATR being above or below its average
ATR rising or falling
ATR percentage being significant (>2%)
VIX being high or low
Conditions Signal
ATR rising + high volatility + low VIX LONG
ATR falling + high volatility + high VIX SHORT
ATR flat or low volatility or low %ATR FLAT
Thai Gold BahtIndicator Name: Thai Gold Baht
Short Title: Thai Gold Baht
Purpose
This indicator calculates and visualizes the real-time price of 1 Thai Gold Baht (15.244 grams) based on the global gold price ( XAU/USD ) and the USD/THB exchange rate .
Users can customize gold weight and purity to simulate the local Thai gold market price.
What it does
Retrieves live gold price per troy ounce in USD
Retrieves current USD to Thai Baht exchange rate
Converts the value using user-defined weight and purity
Displays result as a real-time chart
Shows calculation details in the Data Window
Ideal for
Traders tracking Thai gold based on international prices
Analysts comparing local and global bullion markets
Anyone needing a configurable, transparent gold price conversion
Pine Script Functionality
// Uses XAU/USD and USD/THB as inputs
// Calculates 1 Baht Gold (96.5% default purity)
// Outputs the value in THB as a chart line
ชื่ออินดิเคเตอร์: Thai Gold Baht
ชื่อย่อ: Thai Gold Baht
วัตถุประสงค์
อินดิเคเตอร์นี้ใช้คำนวณและแสดงราคาทองคำไทย 1 บาท (15.244 กรัม) แบบเรียลไทม์
โดยอ้างอิงจากราคาทองคำในตลาดโลก ( XAU/USD ) และอัตราแลกเปลี่ยน USD/THB
ผู้ใช้สามารถกำหนดน้ำหนักทองและความบริสุทธิ์เองได้ เพื่อจำลองราคาทองคำในประเทศไทยอย่างแม่นยำ
สิ่งที่อินดิเคเตอร์นี้ทำ
ดึงราคาทองคำแบบเรียลไทม์ต่อทรอยออนซ์ในสกุลเงิน USD
ดึงอัตราแลกเปลี่ยน USD → THB แบบเรียลไทม์
คำนวณราคาจากน้ำหนักและเปอร์เซ็นต์ความบริสุทธิ์ที่ผู้ใช้กำหนด
แสดงผลลัพธ์เป็นกราฟแบบเรียลไทม์ในหน่วยบาทไทย
แสดงรายละเอียดการคำนวณในหน้าต่าง Data Window ของ TradingView
เหมาะสำหรับ
นักเทรดที่ต้องการติดตามราคาทองคำไทยจากราคาทองคำตลาดโลก
นักวิเคราะห์ที่เปรียบเทียบราคาทองคำในประเทศและต่างประเทศ
ผู้ใช้งานที่ต้องการการแปลงราคาทองคำระหว่างประเทศให้โปร่งใสและปรับแต่งได้
การทำงานของ Pine Script
// ใช้ข้อมูล XAU/USD และ USD/THB เป็นอินพุต
// คำนวณราคาทองคำไทย 1 บาท (ความบริสุทธิ์เริ่มต้นที่ 96.5%)
// แสดงผลเป็นเส้นกราฟของราคาทองคำในหน่วยบาทไทย
Gold/Silver RatioOverview
This indicator displays the Gold/Silver Ratio by dividing the price of gold (XAUUSD) by the price of silver (XAGUSD) on the same timeframe. It is a widely used tool in macroeconomic and precious metals analysis, helping traders and investors evaluate the relative value of gold compared to silver.
📈 What it does
Plots the ratio between gold and silver prices as a line on the chart.
Displays two key horizontal levels:
Overbought level at 90 (dashed red line).
Oversold level at 70 (dashed green line).
Highlights the chart background to show extreme conditions:
Red shading when the ratio exceeds 90 (gold is likely overvalued relative to silver).
Green shading when the ratio drops below 70 (silver is likely overvalued relative to gold).
🧠 How to Use
When the ratio exceeds 90, it suggests that gold may be overbought or silver may be undervalued. Historically, these have been good times to consider shifting exposure from gold to silver.
When the ratio falls below 70, it may indicate silver is overbought or gold is undervalued.
This tool is best used in conjunction with technical analysis, macroeconomic trends, or RSI/Bollinger Bands applied to the ratio.
⚙️ Inputs
This version of the script uses OANDA's XAUUSD and XAGUSD pairs for spot gold and silver prices. You may edit the request.security() calls to change data sources (e.g., FXCM, FOREXCOM, or CFD tickers from your broker).
✅ Best For:
Macro traders
Commodity investors
Ratio and spread traders
Long-term portfolio reallocators
Global M2 [BizFing]MARKETSCOM:BITCOIN ECONOMICS:USM2
This is an indicator designed to show the correlation between the global M2 money supply and Bitcoin.
This indicator basically provides a Global M2 index by summing the M2 money supply data from the United States, South Korea, China, Japan, the EU, and the United Kingdom.
Furthermore, it is configured to allow you to add or remove the M2 data of desired countries within the settings.
I hope this proves to be a small aid in predicting the future price of Bitcoin.
If you have any questions or require any improvements while using it, please feel free to contact me.
Thank you.
Reversal Strength Meter – Adib NooraniThe Reversal Strength Meter is an oscillator designed to identify potential reversal zones based on supply and demand dynamics. It uses smoothed stochastic logic to reduce noise and highlight areas where momentum may be weakening, signaling possible market turning points.
🔹 Smooth, noise-reduced stochastic oscillator
🔹 Custom zones to highlight potential supply and demand imbalances
🔹 Non-repainting, compatible across all timeframes and assets
🔹 Visual-only tool — intended to support discretionary trading decisions
This oscillator assists scalpers and intraday traders in tracking subtle shifts in momentum, helping them identify when a market may be preparing to reverse — always keeping in mind that trading is based on probabilities, not certainties.
📘 How to Use the Indicator Efficiently
For Reversal Trading:
Buy Setup
– When the blue line dips below the 20 level, wait for it to re-enter above 20.
– Look for reversal candlestick patterns (e.g., bullish engulfing, hammer, or morning star).
– Enter above the pattern’s high, with a stop loss below its low.
Sell Setup
– When the blue line rises above the 80 level, wait for it to re-enter below 80.
– Look for bearish candlestick patterns (e.g., bearish engulfing, inverted hammer, or evening star).
– Enter below the pattern’s low, with a stop loss above its high.
🛡 Risk Management Guidelines
Risk only 0.5% of your capital per trade
Book 50% profits at a 1:1 risk-reward ratio
Trail the remaining 50% using price action or other supporting indicators
Reversal Scalping Ribbon - Adib NooraniThe Reversal Scalping Ribbon is a trend-following overlay tool designed to visually identify potential reversal zones based on price extremes and dynamic volatility bands. It calculates adaptive upper and lower bands using price action and custom ATR logic, helping traders quickly assess market direction and possible turning points
🔹 Volatility-adjusted bands based on price highs/lows
🔹 Color-coded ribbons to indicate trend bias and potential reversal shifts
🔹 No repainting, works on all timeframes and assets
🔹 Visual-only display, no trade signals — supports discretion-based entries
This ribbon is designed for scalpers and intraday traders to spot reversal setups with clarity. It enhances your trading by showing real-time market bias without unnecessary distractions. By focusing on probabilities, it helps to improve decision-making in fast-paced environments
How to use the indicator efficiently
For Reversal Trading:
Buy: When price closes below the green ribbon with a red candle, then re-enters with a green candle. Enter above the high of the green candle with a stop loss below the lowest low of the recent green/red candles
Sell: When price closes above the red ribbon with a green candle, then re-enters with a red candle. Enter below the low of the red candle with a stop loss above the highest high of the recent red/green candles
Risk Management:
Limit risk to 0.5% of your capital per trade
Take 50% profit at a 1:1 risk-reward ratio
For the remaining 50%, trail using the lower edge of the green band for buys and the upper edge of the red band for sells
RiskCalc FX & GoldRiskCalc FX & Gold is a multi-market position sizing tool designed to help you manage risk quickly and accurately. With this script, simply enter your account capital, the percentage of risk you wish to take, and your stop in ticks. Depending on the selected market—Forex or XAUUSD—the script automatically adjusts its calculations:
Forex: Assumes 1 lot equals 100,000 units.
XAUUSD: Assumes 1 lot equals 100 ounces.
The script calculates your risk in dollars and, using a fixed value of 1 USD per tick per lot, determines the ideal position size in both lots and total contracts. Results are displayed in a clear, centralized table at the top of the chart for real-time decision-making.
Perfect for traders operating across multiple markets who need an automated and consistent approach to risk management.
Economic Crises by @zeusbottradingEconomic Crises Indicator by @zeusbottrading
Description and Use Case
Overview
The Economic Crises Highlight Indicator is designed to visually mark major economic crises on a TradingView chart by shading these periods in red. It provides a historical context for financial analysis by indicating when major recessions occurred, helping traders and analysts assess the performance of assets before, during, and after these crises.
What This Indicator Shows
This indicator highlights the following major economic crises (from 1953 to 2020), which significantly impacted global markets:
• 1953 Korean War Recession
• 1957 Monetary Tightening Recession
• 1960 Investment Decline Recession
• 1969 Employment Crisis
• 1973 Oil Crisis
• 1980 Inflation Crisis
• 1981 Fed Monetary Policy Recession
• 1990 Oil Crisis and Gulf War Recession
• 2001 Dot-Com Bubble Crash
• 2008 Global Financial Crisis (Great Recession)
• 2020 COVID-19 Recession
Each of these periods is shaded in red with 80% transparency, allowing you to clearly see the impact of economic downturns on various financial assets.
How This Indicator is Useful
This indicator is particularly valuable for:
✅ Comparative Performance Analysis – It allows traders and investors to compare how different assets (e.g., Gold, Silver, S&P 500, Bitcoin) performed before, during, and after major economic crises.
✅ Identifying Market Trends – Helps recognize recurring patterns in asset price movements during times of financial distress.
✅ Risk Management & Strategy Development – Understanding how markets reacted in the past can assist in making better-informed investment decisions for future downturns.
✅ Gold, Silver & Bitcoin as Safe Havens – Comparing precious metals and cryptocurrencies against traditional stocks (e.g., SPY) to analyze their performance as hedges during economic turmoil.
How to Use It in Your Analysis
By overlaying this indicator on your Gold, Silver, SPY, and Bitcoin chart (for example), you can quickly spot historical market reactions and use that insight to predict possible behaviors in future downturns.
⸻
How to Apply This in TradingView?
1. Click on Use on chart under the image.
2. Overlay it with Gold ( OANDA:XAUUSD ), Silver ( OANDA:XAGUSD ), SPY ( AMEX:SPY ), and Bitcoin ( COINBASE:BTCUSD ) for comparative analysis.
⸻
Conclusion
This indicator serves as a powerful historical reference for traders analyzing asset performance during economic downturns. By studying past crises, you can develop a data-driven investment strategy and improve your market insights. 🚀📈
Let me know if you need any modifications or enhancements!
MACD Volume Strategy for XAUUSD (15m) [PineIndicators]The MACD Volume Strategy is a momentum-based trading system designed for XAUUSD on the 15-minute timeframe. It integrates two key market indicators: the Moving Average Convergence Divergence (MACD) and a volume-based oscillator to identify strong trend shifts and confirm trade opportunities. This strategy uses dynamic position sizing, incorporates leverage customization, and applies structured entry and exit conditions to improve risk management.
⚙️ Core Strategy Components
1️⃣ Volume-Based Momentum Calculation
The strategy includes a custom volume oscillator to filter trade signals based on market activity. The oscillator is derived from the difference between short-term and long-term volume trends using Exponential Moving Averages (EMAs)
Short EMA (default = 5) represents recent volume activity.
Long EMA (default = 8) captures broader volume trends.
Positive values indicate rising volume, supporting momentum-based trades.
Negative values suggest weak market activity, reducing signal reliability.
By requiring positive oscillator values, the strategy ensures momentum confirmation before entering trades.
2️⃣ MACD Trend Confirmation
The strategy uses the MACD indicator as a trend filter. The MACD is calculated as:
Fast EMA (16-period) detects short-term price trends.
Slow EMA (26-period) smooths out price fluctuations to define the overall trend.
Signal Line (9-period EMA) helps identify crossovers, signaling potential trend shifts.
Histogram (MACD – Signal) visualizes trend strength.
The system generates trade signals based on MACD crossovers around the zero line, confirming bullish or bearish trend shifts.
📌 Trade Logic & Conditions
🔹 Long Entry Conditions
A buy signal is triggered when all the following conditions are met:
✅ MACD crosses above 0, signaling bullish momentum.
✅ Volume oscillator is positive, confirming increased trading activity.
✅ Current volume is at least 50% of the previous candle’s volume, ensuring market participation.
🔻 Short Entry Conditions
A sell signal is generated when:
✅ MACD crosses below 0, indicating bearish momentum.
✅ Volume oscillator is positive, ensuring market activity is sufficient.
✅ Current volume is less than 50% of the previous candle’s volume, showing decreasing participation.
This multi-factor approach filters out weak or false signals, ensuring that trades align with both momentum and volume dynamics.
📏 Position Sizing & Leverage
Dynamic Position Calculation:
Qty = strategy.equity × leverage / close price
Leverage: Customizable (default = 1x), allowing traders to adjust risk exposure.
Adaptive Sizing: The strategy scales position sizes based on account equity and market price.
Slippage & Commission: Built-in slippage (2 points) and commission (0.01%) settings provide realistic backtesting results.
This ensures efficient capital allocation, preventing overexposure in volatile conditions.
🎯 Trade Management & Exits
Take Profit & Stop Loss Mechanism
Each position includes predefined profit and loss targets:
Take Profit: +10% of risk amount.
Stop Loss: Fixed at 10,100 points.
The risk-reward ratio remains balanced, aiming for controlled drawdowns while maximizing trade potential.
Visual Trade Tracking
To improve trade analysis, the strategy includes:
📌 Trade Markers:
"Buy" label when a long position opens.
"Close" label when a position exits.
📌 Trade History Boxes:
Green for profitable trades.
Red for losing trades.
📌 Horizontal Trade Lines:
Shows entry and exit prices.
Helps identify trend movements over multiple trades.
This structured visualization allows traders to analyze past performance directly on the chart.
⚡ How to Use This Strategy
1️⃣ Apply the script to a XAUUSD (Gold) 15m chart in TradingView.
2️⃣ Adjust leverage settings as needed.
3️⃣ Enable backtesting to assess past performance.
4️⃣ Monitor volume and MACD conditions to understand trade triggers.
5️⃣ Use the visual trade markers to review historical performance.
The MACD Volume Strategy is designed for short-term trading, aiming to capture momentum-driven opportunities while filtering out weak signals using volume confirmation.
MATA GOLD RATIOMata Gold Instrument: User Guide
The Instrument to Gold Oscillator is a technical analysis tool that normalizes the ratio of an instrument's price (e.g., BTC/USD) to the price of gold (XAU/USD) into a 0-100 scale. This provides a clear and intuitive way to evaluate the relative performance of an instrument compared to gold over a specified period.
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How It Works
1. Calculation of the Ratio:
The ratio is calculated as:
\text{Ratio} = \frac{\text{Instrument Price}}{\text{Gold Price}}
2. Normalization:
The ratio is normalized using the highest and lowest values over a user-defined period (length), typically 14 periods:
\text{Normalized Ratio} = \frac{\text{Ratio} - \text{Min(Ratio)}}{\text{Max(Ratio)} - \text{Min(Ratio)}} \times 100
3. Overbought/Oversold Levels:
Above 80: The instrument is relatively expensive compared to gold (overbought).
Below 20: The instrument is relatively cheap compared to gold (oversold).
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How to Use the Oscillator
1. Identify Overbought and Oversold Levels:
If the oscillator rises above 80, the instrument may be overvalued relative to gold. This could signal a potential reversal or correction.
If the oscillator falls below 20, the instrument may be undervalued relative to gold. This could signal a buying opportunity.
2. Track Trends:
Rising oscillator values indicate the instrument is gaining value relative to gold.
Falling oscillator values indicate the instrument is losing value relative to gold.
3. Crossing the Midline (50):
When the oscillator crosses above 50, the instrument's value is gaining strength relative to gold.
When it crosses below 50, the instrument is weakening relative to gold.
4. Combine with Other Indicators:
Use this oscillator alongside other technical indicators (e.g., RSI, MACD, STOCH) for more robust decision-making.
Confirm signals from the oscillator with price action or volume analysis.
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Example Scenarios
1. Trading Cryptocurrencies Against Gold:
If BTC/USD's oscillator value is above 80, Bitcoin may be overvalued relative to gold. Consider reducing exposure or looking for short opportunities.
If BTC/USD's oscillator value is below 20, Bitcoin may be undervalued relative to gold. This could be a good time to accumulate.
2. Commodities vs. Gold:
Analyze the relative strength of commodities (e.g., oil, silver) against gold using the oscillator to identify periods of overperformance or underperformance.
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Advantages of the Oscillator
Relative Performance Insight: Tracks the performance of an instrument relative to gold, providing a macro perspective.
Clear Visual Representation: The 0-100 scale makes it easy to identify overbought/oversold conditions and trend shifts.
Customizable Periods: The user-defined length allows flexibility in analyzing short- or long-term trends.
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Limitations
Dependence on Gold: As the oscillator is based on gold prices, any external shocks to gold (e.g., geopolitical events) can influence its signals.
No Absolute Buy/Sell Signals: The oscillator should not be used in isolation but as part of a broader analysis strategy.
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By using the Instrument to Gold Oscillator effectively, traders and investors can gain valuable insights into the relative valuation and performance of assets compared to gold, enabling more informed trading and investment decisions.
Fractal levels Gold [AstroHub]This indicator detects key fractal points on a price chart and visually marks them with shapes and levels. It helps traders identify potential reversal zones and dynamic support/resistance levels, enhancing market analysis.
Key Features:
Fractal Detection:
The indicator identifies top and bottom fractals using a 5-bar pattern.
A top fractal forms when the middle bar has a higher high compared to the two bars on either side.
A bottom fractal forms when the middle bar has a lower low compared to the two bars on either side.
Fractal Filtering:
The indicator can filter out "pristine" fractals (uninterrupted fractal patterns) based on custom conditions, making it more selective and reducing false signals.
Fractal Plotting:
are plotted as downward triangles.
are plotted as upward triangles.
Users can choose to display or hide fractal points and their corresponding labels.
Fractal Levels:
The indicator automatically plots fractals' levels on the chart, marking potential resistance and support zones.
Fractal levels change dynamically as new fractals are identified.
Customizable Display Options:
Show or hide fractals and levels with adjustable settings.
Choose whether to apply filtering for pristine fractals.
Display the pivot labels to easily track fractal positions.
How It Works:
The indicator uses a simple approach to recognize top and bottom fractals . When a valid fractal is detected, it highlights it on the chart and plots the corresponding price level.
By default, top fractals are shown above the bars (red color), and bottom fractals are shown below the bars (green color).
Fractal levels represent potential reversal points and can act as dynamic support and resistance zones.
Best Use:
The indicator is particularly useful in identifying reversal points and trend changes, helping traders to spot key price levels.
It can be used across various timeframes and markets, particularly for trend-following or reversal strategies.
Customizable Settings:
Show Pivots: Toggle the display of pivot points.
Show Pivot Labels: Display labels for pivot levels.
Show Fractals: Toggle fractal points on the chart.
Show Fractal Levels: Show or hide the levels corresponding to the detected fractals.
Filter for Pristine Fractals: Enable this option to filter out non-pristine fractals for higher accuracy.
Conclusion:
This indicator provides clear, actionable fractal signals, helping traders easily identify critical levels for entry and exit. With customizable settings and visual cues, it's suitable for both novice and expe
Marcel's Dynamic Profit / Loss Calculator for GoldOverview
This Dynamic Risk / Reward Tool for Gold is designed to help traders efficiently plan and manage their trades in the volatile gold market. This script provides a clear visualisation of trade levels (Entry, Stop Loss, Take Profit) while dynamically calculating potential profit and loss. It ensures gold traders can assess their positions with precision, saving time and improving risk management.
Key Features
1. Trade Level Visualisation:
Plots Entry (Blue), Stop Loss (Red), and Take Profit (Green) lines directly on the chart.
Helps you visualise and confirm trade setups quickly which is good for scalping and day trades.
2. Dynamic Risk and Reward Calculations:
Calculates potential profit and loss in real time based on user-defined inputs such as position size, leverage, and account equity.
Displays a summary panel showing risk/reward metrics directly on the chart.
3. Customisable Settings:
Allows you to adjust key parameters like account equity, position size, leverage, and specific price levels for Entry, Stop Loss, and Take Profit.
Defaults are dynamically generated for convenience but remain fully adjustable for flexibility.
How It Works
The script uses gold-specific conventions (e.g., 1 lot = 100 ounces, 1 pip = 0.01 price change) to calculate accurate risk and reward metrics.
It dynamically positions Stop Loss and Take Profit levels relative to the entry price, based on user-defined or default offsets.
A real-time summary panel is displayed in the bottom-right corner of the chart, showing:
Potential Profit: The monetary value if the Take Profit is hit.
Potential Lo
ss: The monetary value if the Stop Loss is hit.
How to Use It
1. Add the script to your chart on a gold trading pair (e.g., XAUUSD).
2. Input your:
Account equity.
Leverage.
Position size (in lots).
Desired En
try Price (default: current close price).
3. Adjust the Stop Loss and Take Profit levels to your strategy, or let the script use default offsets of:
500 pips below the Entry for Stop Loss.
1000 pips above the Entry for Take Profit.
4. Review the plotted levels and the summary panel to confirm your trade aligns with your risk/reward goals.
Why Use This Tool?
Clarity and Precision:
Provides clear trade visuals and financial metrics for confident decision-making.
Time-Saving:
Automates the calculations needed to evaluate trade risk and reward.
Improved Risk Management:
Ensures you never trade without knowing your exact potential loss and gain.
This script is particularly useful for both novice and experienced traders looking to enhance their risk management and trading discipline in the Gold market. Enjoy clearer trades at speed.
GOLD MonitorI'm using this platform from sometime and I carry out trading on Gold, using a kind of scalping strategy.
Scalping is not an easy task to do. Personally I found a lot of problems while detecting the trend direction.
So I decided to develop an indicator that is capable, in a discrete way, to give an instant-view on the market that is interesting.
This indicator can summarize in a small table all interesting figures related to gold scalping trading and is useful while joined with technical and fundamental analysis.
In this way it is possible to easy take under control all important aspects related to gold trading that I summarize here and you can find inside the table:
1) Gold / USD current direction
2) USD dollar strength (instant DXY) indicator take under consideration the DXY value every each tick and measures the increase or decrease in percentage. If there is a decrease the indicator displays a red low arrow, if there is an increase the indicator displays a green high arrow
also Gold friends are important so it is possible to find also:
3) NZDUSD (that is a Gold friend) variation percentage. If there is a decrease the indicator displays a red low arrow, if there is an increase the indicator displays a green high arrow
4) AUDUSD (that is a Gold friend) variation percentage. If there is a decrease the indicator displays a red low arrow, if there is an increase the indicator displays a green high arrow
then it is possible to find DXY USD dollar strength calculated between previous period (e.g. in timeframe M5 last 5 minutes) and current period (current 5 minutes). This indication is represented by an high arrow if there has been an increase, or by an low arrow if there has been a decrease.
Last but not least the information about the Gold trend itself with the possible forecast for the current period. This information must be carefully interpreted together with other instruments for technical analysis like Fibonacci lines.
