WT-FLOW: MTF WaveTrend Trend-Follower📘 Strategy Introduction: WT-FLOW (WaveTrend Trend-Follower)
WT-FLOW is a multi-timeframe trend-following strategy specifically **optimized for the 15-minute timeframe** on the BTC/USDT trading pair. It is designed to help professional users follow buy/sell trends with high precision.
The strategy utilizes a three-tiered time alignment:
- **240min WaveTrend**: Macro trend filter (determines high-timeframe direction)
- **30min WaveTrend**: Momentum confirmation (validates trend continuation)
- **15min WaveTrend**: Signal generation (entries and exits are executed here)
It features an advanced **Trailing Stop** mechanism that includes maximum gain-based tracking logic and percentage-based fallback tolerance. Entry and exit points are marked on the chart with colored labels (🟢🔴❅❄), including bar index information.
⚙️ Technical Features:
- Compatible with Pine Script v5
- Backtestable via the `strategy()` block
- Supports both Long and Short position tracking
- Trailing Stop and Marginal Stop systems work in tandem
⚠️ Disclaimer:
This strategy is based on historical data. It should not be used in live markets without manual confirmation and appropriate risk management. Use is at your own risk.
Oscillators
Gabriel's Relative Strength IndexGabriel’s RSI—The Reinvention of Relative Strength
Not your average RSI.
This is a fully reengineered Relative Strength Index that merges the power of advanced signal processing, adaptive smoothing, volume dynamics, and intelligent divergence detection into a single, modular toolkit designed for precision trading across all markets.
Whether you’re scalping crypto, swing trading equities, or dissecting futures contracts—Gabriel’s RSI adapts to your strategy with unrivaled control and clarity.
1. RSI Settings
RSI Length (Jurik): Set to 51 by default to mimic a 21-period standard RSI when Jurik smoothing is applied. Adjust lower (e.g., 22) to mimic a 9-period RSI.
RSI Source: The default is hlc3 for smoother RSI inputs. Can be changed to any price-based series (close, open, etc.) for customization.
2. RSI Smoothing Options
MA Type: Smoothing applies to both RSI and its MA overlay simultaneously. I used to use the 56 EMA RSI, and it works well too.
JMA: Best for adaptive recursive smoothing. A power of 2 and a phase of 50 are used.
T3: Smooth and lag-reduced, suitable for trend detection. The alpha is 0.7.
SMA + Bollinger Bands: Adds deviation-based envelopes for volatility spotting.
MA Length: Affects how smooth or reactive the RSI signal is.
BB StdDev: Only relevant if BBs are used. Controls bandwidth for overbought/oversold zones.
3. MACD Settings
Fast/Slow Length: Defaults (21/81) optimized for smoother MACD with SMA or T3. For Algo trading, EMA/JMA is best.
Signal Length: Shorter (e.g., 2) gives more reactive crossover signals, it can be increased.
Source: Default is close. Close works best for the settings I input.
MA Types: JMA and EMA reduce noise and increase signal generation. Select SMA for simplicity or T3 for trend-following.
Histogram: Bar colors signal strength and trend of MACD directly on your chart.
4. Directional Movement Index (DMI)
ADX Smoothing: High values (e.g., 100) offer strong trend confirmation with Hann Window smoothing.
DI Length: Affects DI+/- sensitivity. 100 ADX - 12 DI or 15 ADX - 35 DI are suggested, the latter for quicker boot time, as 100 bars is quite long.
Smoothing Type: Choose Hann Window for refined smoothing; RMA (SMMA) for simplicity.
Volatility Type: ATR includes gaps; ADR is useful for gapless strategies.
Plotted as area fills, 0 to 100 scaled.
5. Volume Z-Score
%R Length: Normalizes volume to percentile range (73 swing, 112 exhaustion).
Z-Score Lengths: Compares short-term and long-term volume trends with Z-scores of volume.
Fast Z-Score < Slow Z-Score = Gives a Volume Squeeze.
Fast MA > Slow MA = Bullish Volume Divergence; volume has been fired. Not via Z-score, but instead via SMA, ALMA, and RMA of volume.
WPR Volume: Weighted %R used to highlight exhaustion/pivot points.
Plot volume bars after a volume squeeze has been fired; if bars aren't plotted, then it's under squeeze. Backtest on ES1! Prove it's good for catching bottoms below 15 minutes as well.
6. Divergence Engine
Pivot Settings: Pivot Period (12), Divergence minval Lookback (5), and max Lookback Bars (100) control sensitivity. Works well on any asset class; these are the optimal settings for the RSI.
Source Options: RSI, MACD, ADX, DI difference, or Volume %R.
Divergence Type:
Regular: Classic reversal signals.
Hidden: Continuation signals.
Heikin Ashi Mode: Enables use of HA candles on normal charts for smoother pivots. May distort values if your chart is H.A. so leave it unchecked then.
7. Squeeze Momentum (SQZMOM)
Squeeze Types:
Wide (Black): Regular compression
Normal (Red), Regular Squeeze
Narrow (Yellow), Golden Squeeze
Very Narrow (Purple) Extreme compression
Fired (Green): Breakout detected
Plotted as circles on the bottom of my indicator.
Momentum Bar Colors:
Cyan: Rising momentum
Blue: Pullback within uptrend
Red: Falling momentum
Yellow: Correction within downtrend
Reversal Lines: Dashed lines indicate momentum crossing its Jurik MA (DM-Style Pivots).
Plotted as squares on the top of my indicator.
8. Rate of Change (RoC)
RoC of Momentum: EMA-smoothed RoC on momentum for leading signals. Double smoothed, once and then another time for smoother signals.
Signal Line: JMA used to filter noise and generate reversal signals.
Crossovers: Bullish/bearish signals based on RoC vs signal line are plotted as triangles directly on your chart.
Optimized: Backtested for short-term setups like 1H or faster. Works on Daily timeframes as well for Futures.
9. Multi-Timeframe Squeeze Settings
Each timeframe (Hourly, 4H, Daily, Weekly, Monthly) has:
Reversal Toggle: Enables dashed line DM-Style Pivots on crossovers.
MA Length: For Jurik MA smoothing on momentum.
BB/KC Thresholds: Define squeeze sensitivity per timeframe. A shorter BB/KC length, 17-14-12, responds better on lower timeframes.
Momentum Length: Tailors oscillator responsiveness; 20 is ideal.
10. BB Std. Deviation Scaling
Low-Pass Super Smoother : Smooths (True Range) noise for BBs.
High-Pass Butterworth : Extracts cycles for BB Stdv. blend.
Root Mean Squared : Dynamic BB width adjustment based on market activity.
11. Alerts
RSI: Overbought/oversold reversals. Several types.
MACD: Histogram shift through zero line.
DMI/ADX: Crossovers and strength conditions. The 17 key level is used for the ADX.
Volume: Smart Money alerts on low-volume zones. May concentrate on ICT sessions.
Squeeze: Alerts on all 5 squeeze states.
Momentum: Crosses and reversals.
RoC: Bullish and bearish crosses.
Divergences: Regular, hidden, combined.
12. Visual Output Summary
RSI Line + MA/BBs
MACD Histogram Bar Colors
DMI/ADX as area fills
Volume %R columns
Squeeze Momentum Shapes and Dots
RoC Crossover Arrows
DM-style Breakout Pivots
Divergence Lines and Labels
Best Practices
Watch the slope of the RSI for pullbacks on a strong trend. Combine it with squeeze for exit timing.
Combine RSI Divergence with MACD histogram cross and Squeeze firing for precise entry.
Use Volume Z-Score to filter for institutional activity, and enter Long. Watch for reversals as well.
Watch RoC crossovers for fast, leading signals.
Enable Reversal Lines on 1H+ charts for breakout or breakdown pivots.
Use multi-timeframe thresholds for swing confirmation. The TFs I use the most are 2-5-15 minutes for futures and swinging with 1 hour daily and weekly. Those are the TFs I backtested.
KT Gaussian Bands🎯 Overview
KT Gaussian Bands is an advanced technical indicator that uses Gaussian-weighted smoothing to create dynamic support and resistance bands. This sophisticated algorithm provides high-quality buy and sell signals by filtering market noise and adapting to price volatility.
🔬 How It Works
The indicator employs a Gaussian weighting function to smooth price data, creating more accurate trend detection compared to traditional moving averages. The algorithm calculates:
Dynamic Upper Band (Resistance Level)
Dynamic Lower Band (Support Level)
Adaptive Signal Generation based on price interaction with bands
📊 Key Features
✨ Smart Signal Generation
🔺 BUY Signal: When price crosses below the lower band and bounces back up
🔻 SELL Signal: When price crosses above the upper band and drops back down
Real-time arrows displayed directly on the chart
⚙️ Customizable Parameters
Bandwidth (h): Controls the smoothness of the calculation (Default: 8.0)
Multiplier: Adjusts the sensitivity of the bands (Default: 3.0)
Source: Choose your preferred price source (Default: Close)
Repainting Mode: Toggle between real-time and historical accuracy
🎨 Visual Elements
Color-coded bands (Teal for upper, Red for lower)
Clear arrow signals for entry/exit points
Clean dashboard showing current mode status
📈 Trading Applications
Best Timeframes
Works effectively on all timeframes
Particularly strong on 15M, 1H, and 4H charts
Daily charts for swing trading setups
Trading Strategies
Trend Following: Use signals in the direction of the major trend
Mean Reversion: Trade bounces off the bands in ranging markets
Breakout Confirmation: Validate breakouts with band penetration
Risk Management
Use stop-loss below/above the opposite band
Position size based on band width (wider = higher volatility)
Combine with other indicators for confirmation
⚠️ Important Notes
Repainting Mode
Enabled: Shows the most accurate current analysis (may change on live bars)
Disabled: Historical signals remain fixed (recommended for backtesting)
Best Practices
Don't trade every signal - wait for high-probability setups
Consider market context and overall trend direction
Use proper risk management on every trade
Backtest on your preferred timeframes before live trading
🔧 Settings Guide
Bandwidth (8.0): Lower = More responsive, Higher = Smoother
Multiplier (3.0): Lower = More signals, Higher = Fewer but stronger signals
Repainting: Enable for live analysis, Disable for backtesting
📊 Performance Characteristics
Low Lag: Responds quickly to price changes
Noise Reduction: Filters out false signals effectively
Adaptive: Automatically adjusts to market volatility
Versatile: Works across different market conditions
🎓 Educational Value
This indicator demonstrates advanced mathematical concepts in trading:
Gaussian distribution applications in finance
Dynamic volatility adjustment
Weighted moving average techniques
⭐ Why Choose KT Gaussian Bands?
Mathematically Sound: Based on proven statistical methods
User-Friendly: Clear signals with minimal complexity
Flexible: Adapts to your trading style and timeframe
Reliable: Consistent performance across market conditions
Disclaimer: This indicator is for educational and informational purposes only. Always use proper risk management and never risk more than you can afford to lose. Past performance does not guarantee future results.
CM_VixFix_RSI_HMA200_TrailStop_vFinal📌 CM_VixFix_RSI_HMA200_TrailStop – vFinal | BTC 30-Minute Strategy (Long & Short)
This strategy combines volatility-based market shock detection (Williams Vix Fix), trend confirmation (HMA200), and momentum filtering (RSI) to generate high-probability trade entries. It is engineered for BTC/USDT on the 30-minute timeframe, with carefully tuned parameters through extensive backtesting.
🎯 Core Components:
WVF (Williams Vix Fix): Identifies volatility spikes, acting as a proxy for oversold conditions or panic drops.
RSI (Relative Strength Index): Generates directional momentum signals, with separate thresholds for long and short entries.
HMA200: Filters trades based on the prevailing market trend. Trades are only allowed in the direction of HMA slope and position.
ATR-Based Trailing Stop Engine: Activates after a minimum profit threshold is hit. Combines dynamic trailing logic with a Hard Stop (maximum loss limit) to mitigate risk.
⚠️ Short-Side Challenges & Solutions
During development, the short-side trades exhibited a lower win rate, a common behavior in crypto bull-biased markets. To address this, we implemented:
RSI trigger reduced to 20 to capture only high-momentum sell-offs.
Dual confirmation: RSI must also be below its EMA(21) and price below EMA(100).
MaxBars filter (10 candles): Prevents multiple short entries in tight ranges or low-volatility zones.
As a result:
Short trades now yield a Risk/Reward ratio above 3.4
Average short trade profit is ~3x the average loss, making short entries valuable despite lower hit rate.
📊 Performance Summary (Backtest: BTCUSDT, 30-Min, July 2024–July 2025)
Metric Long Short Overall
Total Trades 401 50 451
Win Rate 49.6% 30.0% 47.4%
Avg PnL 311 USDT 1,229 USDT 413 USDT
Risk/Reward (Avg K/L) 1.05 3.48 1.16
🚨 Disclaimer
This strategy is not a plug-and-play black box. While signals are statistically validated, we strongly recommend using this tool in conjunction with:
Volume and time-of-day filters
Fundamental/macro overlays (especially around Fed announcements or CPI data)
A broader risk management framework
Note: This strategy has been optimized exclusively for BTC/USDT on the 30-minute timeframe. If applied to other assets or timeframes, recalibration is necessary.
2 in 1 RSI + MACDFirst One..
For user with 3 possible Indicator..
Only for Smaller Time Frames..
The MACD is too big in the bigger Timeframes..
Maybe I will make some different Version for bigger and smaller TF if someone wants it!?
I hope it helps someone..
Samil Dogru SmartTrailing v1.1📘 Samil Dogru SmartTrailing v1.1 – BTCUSDT Optimized Strategy (15-Minute)
Samil Dogru SmartTrailing v1.1 is an advanced trend-tracking and profit-locking strategy, specifically optimized for BTCUSDT on the 15-minute timeframe.
It integrates dynamic price following, intelligent trailing exit after trigger activation, and protective hard-stop loss logic to maximize profit while limiting downside risk.
⚙️ Core Strategy Logic:
Entry Signal: Based on a crossover of HMA100 and HMA200, filtered by the trend direction of HMA500 and HMA1000 (cloud logic).
Trigger Mechanism: When price moves a user-defined percentage (e.g., +1.2%) from the entry, the trailing logic is activated.
Smart Trailing Exit: Once triggered, the strategy tracks new highs (for long) or new lows (for short). A trailing stop is dynamically updated. If price pulls back by the defined margin (e.g., 0.8%), the position exits.
Hard Stop (Pre-Trigger): If price moves adversely by a defined percentage (e.g., 2.5%) before the trigger is hit, the position is forcefully exited to protect capital.
📊 Performance Note:
On BTCUSDT with 15-minute candles, historical testing has shown:
High directional accuracy
Optimized entry and exit timing
Improved profit retention with minimal user intervention
This setup is ideal for semi-automated swing scalping within structured trend conditions.
📎 User Controls:
All percentages are user-defined:
Trigger Threshold (%)
Trailing Margin (%)
Maximum Loss (%) before trigger
Trailing logic is active only after the trigger level is reached. One position at a time (pyramiding=0).
⚠️ Disclaimer:
This strategy is not financial advice. While historical performance is promising, future results are not guaranteed.
Always test in a simulated environment before deploying real capital. Use proper position sizing and risk management.
Short-Term Holder MVRVThis script calculates and visualizes the Market Value to Realized Value (MVRV) ratio for Bitcoin, specifically focusing on short-term holders (STH). The MVRV ratio is a key on-chain metric that compares Bitcoin's market cap to its realized cap (the aggregate cost basis of all coins). It helps traders identify overbought and oversold conditions in the market.
Key Features
1. Moving Averages (Customizable)
The script allows users to apply different moving averages to smooth the MVRV data:
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
SMMA/RMA (Smoothed/Rolling Moving Average)
WMA (Weighted Moving Average)
VWMA (Volume-Weighted Moving Average)
HMA (Hull Moving Average)
2. Core Calculation
Fetches BTC_MVRV data from TradingView's security function.
Computes a moving average (default: 238-period WMA) of the MVRV values.
Calculates the Ratio_MVRV as:
text
Ratio_MVRV = Current MVRV / Moving Average of MVRV
A bullish signal is generated when Ratio_MVRV > 1 (market is heating up).
A bearish signal is generated when Ratio_MVRV < 1 (market is cooling down).
3. Visual Output
Main Plot:
A line chart showing Ratio_MVRV.
Orange when bullish (Ratio_MVRV > 1).
Purple when bearish (Ratio_MVRV < 1).
Horizontal Line:
A dotted white line at 1.0, acting as a threshold.
Table Display:
A small table in the top-right corner showing "↑ Bull" (green) or "↓ Bear" (red) based on the current market state.
4. Alerts
Triggers TradingView alerts when the market state changes between bullish and bearish.
Interpretation & Trading Signals
When Ratio_MVRV > 1 (Bullish):
Suggests Bitcoin is gaining momentum, possibly entering an overbought phase.
Could indicate a good time to hold or accumulate, but extreme highs may signal a potential top.
When Ratio_MVRV < 1 (Bearish):
Suggests Bitcoin is undervalued, possibly in an oversold phase.
Could indicate a buying opportunity, but prolonged lows may signal further downside.
Default Settings & Customization
Length: 238 (adjustable, default based on common long-term trend analysis).
Moving Average Type: WMA (Weighted Moving Average).
Users can modify these settings in the Inputs menu in TradingView.
Use Case
Helps traders identify market cycles by tracking short-term holder behavior.
Works best as a confirmation tool alongside other indicators (e.g., RSI, MACD).
Useful for swing traders and long-term investors looking for trend reversals.
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.
BullFinder_15M_OBV_RSI_MFI📊 BullFinder_15M_OBV_RSI_MFI
15-Minute BTC/USDT Long-Only Strategy Powered by OBV, NetVolume, RSI and MFI
Designed for high-frequency bullish opportunities, this strategy combines volume-confirmed momentum with dynamic trailing stop exits. Ideal for breakout traders seeking consistency over noise.
🔍 Indicators Used:
OBV + Net Volume: Volume divergence & pressure detection
RSI + MFI: Momentum and liquidity filters
EMA21: Baseline trend confirmation
Advanced Trailing Stop: Dynamic trigger + offset + hard loss control
📅 Backtest Summary (Last 12 Months | BTC/USDT | 15m TF):
Total Trades: 381
Win Rate: 83.20%
Avg. PnL per Trade: +746.18 USDT
Avg. Winner: 7,097 USDT
Avg. Loser: -30,713 USDT
Best Trade: 65,654 USDT
Profit Factor: 0.231
✅ Alerts Available
To automate entries or get Telegram alerts, set an alarm with the message:
📢 "BullFinder: Long Entry Triggered"
Low Price RSI CrossoverThis Pine Script indicator is a Multi-Timeframe Low RSI Crossover system that combines three key filtering criteria to identify high-probability buy signals. Here's what it does:
Core Concept
The indicator only generates buy signals when all three conditions are met simultaneously:
Price at Multi-Period Low: Current price must be at or near the lowest point within your selected timeframe (1 week to 5 years, or custom)
RSI Momentum Shift: The smoothed RSI must cross above its signal line (EMA), indicating upward momentum
Below Threshold Entry: Both the RSI and its signal line must be below your threshold level (default 50) when the crossover occurs
Key Features
RSI Smoothing: Uses Hull Moving Average (HMA) to smooth the raw RSI, reducing noise and false signals while maintaining responsiveness.
Flexible Timeframes: Choose from predefined periods (1W, 2W, 3W, 1M, 2M, 3M, 6M, 9M, 1Y, 2Y, 3Y, 5Y) or set a custom number of bars.
Visual Feedback:
Plots the smoothed RSI (blue line) and its signal line (red line)
Shows threshold and overbought levels
Highlights signal bars with green background
Displays tiny green triangles at signal points
Real-time status table showing all conditions
Trading Logic
This is essentially a mean-reversion strategy that waits for:
Price to reach significant lows (value zone)
Momentum to start shifting upward (RSI crossover)
Entry from oversold/neutral territory (below 50 RSI)
Why This Works
By requiring price to be at multi-period lows, you avoid buying during downtrends or sideways chop. The RSI crossover confirms that selling pressure is starting to ease, while the threshold filter ensures you're not buying into overbought conditions.
The combination of these filters should significantly reduce false signals compared to using any single indicator alone.
Stochastic Money Flow IndexThe Stochastic Money Flow Index (or Stochastic MFI ), is a variation of the classic Stochastic RSI that uses the Money Flow Index (MFI) rather than the Relative Strength Index (RSI) in its calculation.
While the RSI focuses solely on price momentum, the MFI is a volume-weighted indicator, meaning it incorporates both price and volume data.
The Stochastic MFI is intended to provide a more precise and sensitive reading of the MFI by measuring the level of the MFI relative to its range over a specific period.
Settings
Stochastic Settings
%K Length : The number of periods used to calculate the Stochastic. (Default: 14)
%K Smoothing : The SMA length used to 'smooth' the %K line. (Default: 3)
%D Smoothing : The SMA length used to 'smooth' the %D line. (Default: 1)
Money Flow Index Settings
MFI Length : The number of periods used to calculate the Money Flow Index. (Default: 14)
MFI Source : The source used to calculate the Money Flow Index. (Default: close)
Additional Settings
Show Overbought/Oversold Gradients? : Toggle the display of overbought/oversold gradients. (Default: true)
Price x Vol RSIAn enhanced RSI indicator that integrates the RSI of volume as a conviction amplifier.
This script modifies the RSI to range from −1 to +1, allowing it to express directional momentum. Volume RSI remains in the range of 0 to +1, serving as a direction-neutral amplifier.
The result is a bi-directional composite RSI that:
>> Emphasizes congruent signals (e.g., strong price direction with strong volume).
>> Minimizes misleading signals from high volume paired with neutral or conflicting price movement.
Ideal for identifying high-conviction breakouts and momentum divergences with volume support.
the plot fill increases in color when the plot approaches zero, then reverses away from zero, and resets on a zero-cross.
check out my other script, the PXVS, which is what this RSI script was based on. it uses similar logic as this script, but with FSTO %K instead of RSI
EMAREVEX: Adaptive Multi-Timeframe Mean Reversion
📘 Strategy Overview: EMAREVEX
EMAREVEX (EMA Reversion Expert) is a professionally engineered mean-reversion strategy tailored for BTC/USDT, optimized specifically for the 15-minute and 30-minute timeframes.
It combines:
- Multi-timeframe EMA200 trend filtering (15m & 30m)
- Bollinger Band lower/upper breaches as reversion anchors
- RSI-based confirmation for oversold/overbought conditions
- A trailing stop-loss mechanism that activates only after volatility surpasses a configurable ATR threshold, then dynamically tracks price
This setup targets short-term pullback opportunities in volatile intraday environments.
🔬 Designed for quant-informed traders who seek precision entries and dynamic exit control.
⚠️ Warning:
This strategy is optimized on historical data. It should not be used without discretionary confirmation, appropriate risk management, and forward-testing under live market conditions.
Relative Strength Suite [BLC]📊 Relative Strength Suite
A powerful, all-in-one relative strength toolkit for traders and analysts. Whether you're a trend follower, momentum trader, or sector rotator, this script gives you the flexibility to analyze and screen assets using three distinct RS methodologies—all in one clean interface.
🔍 What It Does
Flexible Relative Strength allows you to compare any asset to a benchmark (like SP:SPX , NASDAQ:QQQ , AMEX:IWM , etc.) using one of four modes:
📈 Relative Strength – Classic price ratio comparison
📘 Dorsey Relative Strength – Smoothed trend-based RS using EMA
📒 Mansfield Relative Strength – Momentum-based RS normalized to its own average
🧮 Screener Mode – Load Indicator into Pine Screener to see all 3 values.
🛠️ Key Features & Settings
🧩 Relative Strength
Comparison Symbol: Select the ticker you want to use as a benchmark.
Highlights new highs/lows in Relative Strength with dynamic line coloring:
🟢 Green = New high (outperformance)
🔴 Red = New low (underperformance)
Optional moving average overlay (SMA, EMA, WMA, HMA) for trend smoothing.
✅ Use Case: Identify when a stock is gaining strength relative to the market or sector.
📘 2. Dorsey RS (Smoothed Trend)
Uses an EMA of the RS ratio to smooth out noise.
Rising Dorsey RS = consistent outperformance.
Falling Dorsey RS = consistent underperformance.
✅ Use Case: Spot long-term relative trends regardless of price volatility.
📒 3. Mansfield RS (Performance Momentum)
Compares RS ratio to its own long-term SMA (default 200).
Values above 0 = outperforming the benchmark.
Values below 0 = underperforming.
✅ Use Case: Ideal for momentum traders and Stan Weinstein-style stage analysis.
🧮 4. Screener Mode
Not for use on your chart. This is only to use in TradingView's Pine Screener.
Displays all three RS lines simultaneously.
Includes all 3 modes to act as screener signals
🛠️How to Use Screener Mode
Add this indicator to your favorites list.
Open Pine Screener and select this indicator.
Select your timeframe.
Click Settings & Change Strength Type to Screener > Click Apply
Hit Scan!
New High Low Signal: Finds stocks making a new RS high (1) or low (-1) over your lookback period.
Dorsey Trend Signal: Finds stocks where the smoothed RS trend is rising (1) or falling (-1).
Mansfield Zone Signal: Finds stocks where momentum is in the positive zone (1) or negative zone (-1)
✅ Use Case: Quickly scan multiple assets for relative strength breakouts, trend shifts, or momentum zones.
🧪 Pro Tip
Combine this indicator with volume, price structure, or moving averages to confirm breakouts and trend strength. Use Screener Mode on a watchlist to identify top RS candidates in seconds.
To clean up your screener table, click the column settings icon ( ⋮ ) and uncheck any columns you don't need to see. You can still filter by them even if they are hidden.
📝 Credits & Notes
Inspired by classic RS methods (including Dorsey and Mansfield).
Final, production-ready version with tooltips, labels, and screener outputs.
For educational and informational purposes—always test before live trading!
Let me know if you see any bugs, miscalculations, or any features you'd like to see added to it!
(STC) with Buy/Sell
PS! This is ment to be used as compliment and confirmation for indicator "UT Bot + LinReg Candles (Dual Sensitivity) by PDK1977
Schaff Trend Cycle (STC) Oscillator with Buy/Sell Signals
The Schaff Trend Cycle (STC) is a fast and reliable oscillator developed by Doug Schaff, designed to improve on traditional cycle indicators like MACD and Stochastic. The STC indicator helps you identify trend direction, potential reversals, and entry/exit points with greater speed and accuracy.
Key Features:
Clear, Color-Coded Line: The STC line turns green when rising and red when falling, making trend changes easy to spot.
Buy/Sell Signals:
Buy: When the STC line crosses up over the 25 level, a green triangle appears, suggesting bullish momentum.
Sell: When the STC line crosses down under the 75 level, a red triangle appears, highlighting potential bearish momentum.
Levels: 25 and 75 are highlighted to mark overbought and oversold regions.
Separate Pane: Designed to be displayed in its own subwindow below the main chart, keeping your price action clean and uncluttered.
How to Use:
Buy Signal: Watch for the STC to cross above 25 for possible long entries.
Sell Signal: Watch for the STC to cross below 75 for possible short entries.
The indicator works on all timeframes and is suitable for trending markets, swing trading, and scalping strategies.
Tip: Combine STC signals with other trend or volume indicators for added confirmation and more robust trading decisions.
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SuperTrend™ - Dynamic Lines & ChannelsSuperTrend™ Indicator: Comprehensive Description
Overview
The SuperTrend™ indicator is a Pine Script (6) designed for TradingView to provide a comprehensive technical analysis tool for traders. It combines dynamic trend channels across multiple timeframes (Daily, Weekly, Monthly, Quarterly, and Yearly/All-Time) with a Modified SuperTrend indicator, a 10-period EMA, a VIDYA (Variable Index Dynamic Average), dynamic support/resistance (S/R) channels, Heikin-Ashi-based candle analysis, and market maker target levels. The indicator plots trendlines, projections, and heartlines to identify potential support, resistance, and trend continuation levels, while additional features like dynamic S/R channels and market maker targets enhance its utility for intraday and multi-timeframe trading strategies. The script is highly customizable, allowing users to toggle visibility and adjust settings for each timeframe, with advanced features for the DayTrade channel, including reflection channels.
This description details the indicator’s features, functionality, and display, focusing on the DayTrade channel’s anchoring, the role of static and dynamic channels in projecting future price action, the heartline’s potential as a volume indicator, and how traders can use the indicator for line-to-line trading strategies. It also covers the integration of SuperTrend, EMA, VIDYA, dynamic S/R, and market maker targets, explaining their roles in enhancing trading decisions.
Features and Functionality
1. Dynamic Trend Channels
The indicator calculates trend channels for five timeframes:
DayTrade Channel: Tracks daily highs and lows, updating before 12 PM each trading day.
Weekly Channel: Tracks highs and lows over a user-selected period (1, 2, or 3 weeks).
Monthly Channel: Tracks monthly highs and lows over a user-selected period (1, 2, or 3 months).
Quarterly Channel: Tracks highs and lows over a user-selected period (1 or 2 quarters).
Yearly/All-Time Channel: Tracks highs and lows over a user-selected period (1 to 10 years or All Time).
Each channel consists of:
Upper Trendline: Connects the high prices of the previous and current periods.
Lower Trendline: Connects the low prices of the previous and current periods.
Projections: Extends the trendlines forward based on the trend’s slope.
Heartline: A dashed line drawn at the midpoint between the upper and lower trendlines or their projections.
DayTrade Channel Anchoring
The DayTrade channel, enabled by the "Show DayTrade Trend Lines" toggle, anchors its trendlines to the high and low prices of the previous and current trading days, with updates restricted to before 12 PM to capture significant price movements during the morning session, which is often more volatile due to market openings or news events. After 12 PM, the trendlines and projections remain static for the rest of the trading day, providing a consistent reference for potential support and resistance levels. This static anchoring allows traders to anticipate price reactions based on historical highs and lows from the previous day and the morning session of the current day, making it ideal for intraday trading strategies.
The static nature after 12 PM ensures that the trendlines and projections do not shift mid-session, offering a stable framework for assessing whether price action respects or breaks these levels, potentially indicating trend continuation or reversal.
Static vs. Dynamic Channels
Static Channels: Once set (e.g., after 12 PM for the DayTrade channel or at the start of a new period for other timeframes), the trendlines remain fixed until the next period begins. This static behavior allows traders to use the channels as reference levels for potential price targets or reversal points, as they are based on historical price extremes.
Dynamic Projections: The projections extend the trendlines forward, providing a visual guide for potential future price action, assuming the trend’s momentum continues. When a trendline or projection is broken (e.g., price closes above the upper projection or below the lower projection), it may suggest a breakout or reversal, prompting traders to reassess their positions.
2. Reflection Channels (DayTrade Only)
The DayTrade channel includes optional lower and upper reflection channels, which are additional trendlines positioned symmetrically around the main channel to provide extended support and resistance zones. These are controlled by the "Show Reflection Channel" dropdown:
Lower Reflection Channel:
Position: Drawn below the lower trendline at a distance equal to the range between the upper and lower trendlines.
Projection: Extends forward as a dashed line.
Heartline: A dashed line drawn at the midpoint between the lower trendline and the lower reflection trendline, controlled by the "Show Reflection Heartline(s)" toggle.
Upper Reflection Channel:
Position: Drawn above the upper trendline at the same distance as the main channel’s range.
Projection: Extends forward as a dashed line.
Heartline: A dashed line drawn at the midpoint between the upper trendline and the upper reflection trendline, controlled by the "Show Reflection Heartline(s)" toggle.
Display Control: The "Show Reflection Channel" dropdown allows users to select:
"None": No reflection channels are shown.
"Lower": Only the lower reflection channel is shown.
"Upper": Only the upper reflection channel is shown.
"Both": Both reflection channels are shown.
Purpose: Reflection channels extend the price range analysis by providing additional levels where price may react, acting as potential targets or reversal zones after breaking the main trendlines.
3. Heartlines
Each timeframe, including the DayTrade channel and its reflection channels, can display a heartline, which is a dashed line plotted at the midpoint between the upper and lower trendlines or their projections. For the DayTrade channel:
Main DayTrade Heartline: Midpoint between the upper and lower trendlines, controlled by the "Show DayTrade Heartline" toggle.
Lower Reflection Heartline: Midpoint between the lower trendline and the lower reflection trendline, controlled by the "Show Reflection Heartline(s)" toggle.
Upper Reflection Heartline: Midpoint between the upper trendline and the upper reflection trendline, controlled by the "Show Reflection Heartline(s)" toggle.
Independent Toggles: Visibility is controlled by:
"Show DayTrade Heartline": For the main DayTrade heartline.
"Show Reflection Heartline(s)": For both lower and upper reflection heartlines.
Potential Volume Indicator: The heartline represents the average price level between the high and low of a period, which may correlate with areas of high trading activity or volume concentration, as these midpoints often align with price levels where buyers and sellers have historically converged. A break above or below the heartline, especially with strong momentum, may indicate a shift in market sentiment, potentially leading to accelerated price movement in the direction of the break. However, this is an observation based on the heartline’s position, not a direct measure of volume, as the script does not incorporate volume data.
4. SuperTrend Indicator
The script integrates a traditional SuperTrend indicator, which uses the Average True Range (ATR) to plot a trend-following line that adjusts dynamically to price action:
Parameters: Hardcoded ATR period of 14 and multiplier of 3.0, with the source set to the closing price.
Calculation: The SuperTrend line is calculated as the lower band (close - ATR * multiplier) in an uptrend or the upper band (close + ATR * multiplier) in a downtrend, switching based on price crossing the previous SuperTrend value.
Display: Plotted as a solid line, green in an uptrend and red in a downtrend.
Purpose: Provides a clear visual indication of the current trend direction, complementing the trend channels by highlighting immediate support/resistance levels based on recent volatility.
5. 10-Period EMA and VIDYA
The script incorporates a 10-period Exponential Moving Average (EMA) and a Variable Index Dynamic Average (VIDYA) from the SuperTrader indicator:
10-Period EMA:
Calculation: A simple moving average of the closing price over 10 periods, smoothed to act as an EMA.
Display: Plotted with a color that changes based on whether the current close is above (bright green) or below (darker green) the EMA.
Purpose: Acts as a short-term trend indicator, helping traders identify momentum and potential entry/exit points.
VIDYA:
Calculation: Uses a 10-period trend line with a 20-period momentum calculation, smoothed over 15 periods. VIDYA adjusts its sensitivity based on market volatility, making it more responsive in trending markets.
Display: Plotted in cyan, with the color reflecting the SuperTrend’s trend direction (uptrend or downtrend).
Purpose: Complements the EMA by providing a dynamic trend indicator that adapts to market conditions, useful for confirming trend direction.
Fill Between EMA and VIDYA: A background fill (green for bullish, red for bearish) is plotted between the EMA and VIDYA lines when they cross, highlighting trend changes and potential trading signals.
6. Dynamic Support/Resistance (S/R) Channels
The script includes dynamic S/R channels based on Heikin-Ashi candle patterns, derived from the SuperTrader indicator:
Calculation: Identifies "lonely candles" using Heikin-Ashi calculations to detect significant highs (green candles) and lows (red candles). These levels are plotted as dynamic S/R lines.
Highlighting: If the "Highlight Impulse Channels" toggle is enabled, the S/R lines are highlighted in yellow when their percentage distance is below the "Impulse Channel Distance (%)" threshold (default 3.0%), indicating a tight channel where price may react strongly.
Display: Plotted as stepped lines (lime for support, purple for resistance), with optional background fill (green for bullish, red for bearish) when "Show Dynamic S/R Channels" is enabled.
Percentage Distance Tags: When "Show Percentage Distance Tags" is enabled, labels display the percentage distance between the S/R lines, aiding in assessing channel tightness.
Purpose: Provides additional dynamic support and resistance levels that complement the trend channels, helping traders identify key price zones for entries, exits, or reversals.
7. Market Maker Targets
The script includes multi-timeframe support and resistance levels, labeled as market maker targets, calculated using Heikin-Ashi-based dynamic S/R on higher timeframes:
Timeframes: 1-hour, 2-hour, 4-hour, Daily, Weekly, Monthly, and Quarterly.
Calculation: Uses the `f_dynamicSR` function to identify significant highs and lows on each timeframe, accessed via `request.security` with lookahead enabled.
Display: When "Show Market Maker Targets" is enabled, labels are plotted at the right of the chart for each timeframe’s S/R levels (lime for support, fuchsia for resistance), showing the timeframe and price level.
Purpose: Provides higher-timeframe context for potential support/resistance zones, useful for swing traders or those aligning intraday trades with broader market structure.
8. Alerts
The script includes alert conditions for all trend channel timeframes, triggered when a candle closes fully above the upper projection or below the lower projection:
Upper Trend Break: Triggers when a candle closes fully above the upper projection of any timeframe.
Lower Trend Break: Triggers when a candle closes fully below the lower projection of any timeframe.
Alerts are combined across all timeframes, so a break in any timeframe triggers a general "Upper Trend Break" or "Lower Trend Break" alert with the message: "Candle closed fully above/below one or more projection lines." Alerts fire once per bar close.
Purpose: Alerts traders to potential breakout or reversal signals, allowing timely decision-making.
9. Customization Options
The script provides extensive customization through input settings, grouped by timeframe and feature:
DayTrade Channel:
"Show DayTrade Trend Lines": Toggle main trendlines and projections.
"Show DayTrade Heartline": Toggle main heartline.
"Show Reflection Heartline(s)": Toggle lower and upper reflection heartlines.
"DayTrade Channel Color": Set color for trendlines (default: orange).
"DayTrade Projection Channel Color": Set color for projections (default: lighter orange).
"Heartline Color": Set color for all heartlines (default: white).
"Show Reflection Channel": Dropdown to show "None," "Lower," "Upper," or "Both" reflection channels.
Other Timeframes (Weekly, Monthly, Quarterly, Yearly/All-Time):
Toggles for trendlines (e.g., "Show Weekly Trend Lines," "Show Monthly Trend Lines") and heartlines (e.g., "Show Weekly Heartline," "Show Monthly Heartline").
Period selection (e.g., "Weekly Period" for 1, 2, or 3 weeks; "Yearly Period" for 1 to 10 years or All Time).
Separate colors for trendlines (e.g., "Weekly Channel Color"), projections (e.g., "Weekly Projection Channel Color"), and heartlines (e.g., "Weekly Heartline Color").
Historical lines for Monthly, Quarterly, and Yearly channels (e.g., "Show Historical Monthly Lines").
SuperTrend and Dynamic S/R:
"Impulse Channel Distance (%)": Set threshold for highlighting tight S/R channels (default: 3.0%).
"Highlight Impulse Channels": Toggle highlighting of tight S/R channels.
"Dynamic S/R Line Thickness": Set thickness for S/R lines (options: 1 to 5).
"Impulse Channel Color": Set color for highlighted S/R lines (default: yellow).
"Bull Box Color" and "Bear Box Color": Set fill colors for S/R channels (default: green and red with transparency).
"Show Percentage Distance Tags": Toggle percentage distance labels for S/R channels.
"Show Dynamic S/R Channels": Toggle visibility of S/R lines and fills.
"Show Market Maker Targets": Toggle higher-timeframe S/R labels.
"Slope Lookback Period" and "Slope Threshold": Adjust parameters for trend direction calculations.
Max Bar Difference: Limits the distance between anchor points to ensure relevance to recent price action (default: 5000 bars).
Display
The indicator overlays the following elements on the chart:
Trendlines: Solid lines connecting the high and low anchor points for each timeframe, using user-specified colors (e.g., orange for DayTrade).
Projections: Dashed lines extending from the current anchor points, indicating potential future price levels, using colors set via projection color inputs (e.g., lighter orange for DayTrade).
Heartlines: Dashed lines at the midpoint of each channel, using the color set via heartline color inputs (e.g., white).
Reflection Channels (DayTrade Only):
Lower reflection trendline and projection: Below the lower trendline, using the same colors as the main channel.
Upper reflection trendline and projection: Above the upper trendline, using the same colors.
Reflection heartlines: Midpoints between the main trendlines and their respective reflection trendlines, using the heartline color.
SuperTrend: A solid line (green for uptrend, red for downtrend) showing the trend direction based on ATR.
10-Period EMA: A solid line (bright green when close is above, darker green when below) indicating short-term trend.
VIDYA: A solid cyan line reflecting dynamic trend direction, aligned with SuperTrend’s trend.
Dynamic S/R Channels: Stepped lines (lime for support, purple for resistance, yellow when highlighted) with optional green/red background fill.
Market Maker Targets: Labels at the right of the chart for higher-timeframe S/R levels (lime for support, fuchsia for resistance).
Percentage Distance Tags: Labels showing the percentage distance between S/R lines when enabled.
Visual Clarity: Lines, fills, and labels are only drawn if the relevant toggles are enabled and data is available. Lines are deleted when conditions are not met to avoid clutter.
Trading Applications: Line-to-Line Trading
The SuperTrend™ indicator provides a robust framework for line-to-line trading, using trendlines, projections, heartlines, SuperTrend, EMA, VIDYA, dynamic S/R channels, and market maker targets as reference points for entries, exits, and risk management. Below is a detailed explanation of how to use the DayTrade channel and its reflection channels, enhanced by the new features, for trading.
1. Why DayTrade Channel Anchoring
The DayTrade channel’s anchoring to the previous day’s high/low and the current day’s high/low before 12 PM, controlled by the "Show DayTrade Trend Lines" toggle, captures significant price levels during high-volatility periods:
Previous Day High/Low: These represent key levels where price found resistance (high) or support (low) in the prior session, often acting as psychological or technical barriers in the current session.
Current Day High/Low Before 12 PM: The morning session (before 12 PM) often sees increased volatility due to market openings, news releases, or institutional activity. Anchoring to these early highs/lows ensures the channel reflects the most relevant price extremes, which are likely to influence intraday price action.
Static After 12 PM: By fixing the anchor points after 12 PM, the trendlines and projections become stable references for the afternoon session, allowing traders to anticipate price reactions at these levels without the lines shifting unexpectedly.
This anchoring makes the DayTrade channel ideal for intraday traders, providing a consistent framework based on recent price history, which can be combined with SuperTrend, EMA, VIDYA, and dynamic S/R signals for enhanced decision-making.
2. Using Static Channels and Projections
The static nature of the DayTrade channel after 12 PM, enabled by "Show DayTrade Trend Lines," and the dynamic projections, set via "DayTrade Projection Channel Color," provide a structured approach to trading:
Support and Resistance:
The upper trendline and lower trendline act as dynamic support/resistance levels based on the previous and current day’s price extremes.
Traders may observe price reactions (e.g., bounces or breaks) at these levels. For example, if price approaches the lower trendline and bounces, it may indicate support, suggesting a potential long entry, especially if supported by a bullish SuperTrend or EMA above VIDYA.
Projections as Price Targets:
The projections extend the trendlines forward, offering potential price targets if the trend continues. For instance, if price breaks above the upper trendline and continues toward the upper projection, traders might consider it a bullish continuation signal, confirmed by a green SuperTrend or bullish fill between EMA and VIDYA.
A candle closing fully above the upper projection or below the lower projection (triggering an alert) may indicate a breakout, prompting traders to enter in the direction of the break or reassess if the break fails.
Static Channels for Breakouts:
Because the trendlines are static after 12 PM, they serve as fixed reference points. A break above the upper trendline or its projection, especially with a bullish EMA/VIDYA crossover or dynamic S/R confirmation, may suggest bullish momentum, while a break below the lower trendline or projection may indicate bearish momentum.
Traders can use these breaks to set entry points (e.g., entering a long position after a confirmed break above the upper projection) and place stop-losses below the broken level to manage risk.
3. Line-to-Line Trading Strategy
Line-to-line trading involves using the trendlines, projections, reflection channels, SuperTrend, EMA, VIDYA, dynamic S/R channels, and market maker targets as sequential price targets or reversal zones:
Trading Within the Main Channel:
Long Setup: If price bounces off the lower trendline and moves toward the heartline (enabled by "Show DayTrade Heartline") or upper trendline, traders might enter a long position near the lower trendline, targeting the heartline or upper trendline for profit-taking. Confirmation from a green SuperTrend, EMA above VIDYA, or price above a dynamic S/R support level strengthens the signal. A stop-loss could be placed below the lower trendline or a nearby market maker target (e.g., Daily support).
Short Setup: If price rejects from the upper trendline and moves toward the heartline or lower trendline, traders might enter a short position near the upper trendline, targeting the heartline or lower trendline, with a stop-loss above the upper trendline or a market maker resistance level (e.g., 4H resistance).
Trading to Reflection Channels:
If price breaks above the upper trendline and continues toward the upper reflection trendline or its projection (enabled by "Show Reflection Channel" set to "Upper" or "Both"), traders might treat this as a breakout trade, entering long with a target at the upper reflection level and a stop-loss below the upper trendline. Confirmation from a bullish EMA/VIDYA fill or a tight dynamic S/R channel (highlighted in yellow) can enhance confidence.
Similarly, a break below the lower trendline toward the lower reflection trendline or its projection (enabled by "Show Reflection Channel" set to "Lower" or "Both") could signal a short opportunity, with a target at the lower reflection level and a stop-loss above the lower trendline.
Reversal Trades:
If price reaches the upper reflection trendline and shows signs of rejection (e.g., a bearish candlestick pattern or divergence with VIDYA), traders might consider a short position, anticipating a move back toward the main channel’s upper trendline, heartline, or a dynamic S/R level.
Conversely, a rejection at the lower reflection trendline, especially with a bullish SuperTrend or EMA/VIDYA crossover, could prompt a long position targeting the lower trendline, heartline, or a higher market maker target.
Risk Management:
Use the heartline or dynamic S/R levels as midpoints to gauge whether price is likely to continue toward the opposite trendline or reverse. For example, a failure to break above the heartline after bouncing from the lower trendline might suggest weakening bullish momentum, prompting a tighter stop-loss.
The static nature of the channels after 12 PM allows traders to set precise stop-loss and take-profit levels based on historical price levels, reducing the risk of chasing moving targets.
Market maker targets (e.g., 1H or Daily S/R levels) can serve as additional stop-loss or take-profit zones, aligning intraday trades with higher-timeframe structure.
4. Heartline as a Volume Indicator
The heartline, controlled by toggles like "Show DayTrade Heartline" and "Show Reflection Heartline(s)," may serve as an indirect proxy for areas of high trading activity:
Rationale: The heartline represents the average price between the high and low of a period, which often aligns with price levels where significant buying and selling have occurred, as these midpoints can correspond to areas of consolidation or high volume in the order book. While the script does not directly use volume data, the heartline’s position may reflect price levels where market participants have historically balanced supply and demand.
Breakout Potential: A break above or below the heartline, particularly with a strong candle (e.g., wide range or high momentum), may indicate a shift in market sentiment, potentially leading to accelerated price movement in the direction of the break. For example:
A close above the main DayTrade heartline, confirmed by a green SuperTrend or bullish EMA/VIDYA crossover, could suggest buyers are overpowering sellers, potentially leading to a move toward the upper trendline or upper reflection channel.
A close below the heartline, supported by a red SuperTrend or bearish EMA/VIDYA crossover, could indicate seller dominance, targeting the lower trendline or lower reflection channel.
Trading Application:
Traders might use heartline breaks as confirmation signals for trend continuation. For instance, after a bounce from the lower trendline, a close above the heartline, aligned with a dynamic S/R support level, could confirm bullish momentum, prompting a long entry.
The heartline can act as a dynamic stop-loss or trailing stop level. For example, in a long trade, a trader might exit if price falls below the heartline, indicating a potential reversal.
For reflection heartlines, a break above the upper reflection heartline or below the lower reflection heartline could signal strong momentum, as these levels are further from the main channel and may require significant buying or selling pressure to breach.
5. Using SuperTrend, EMA, VIDYA, Dynamic S/R, and Market Maker Targets
The integrated features enhance the trading framework:
SuperTrend: Use the SuperTrend line to confirm the overall trend direction. For example, a long trade off the lower DayTrade trendline is stronger if the SuperTrend is green, indicating an uptrend.
EMA and VIDYA: Monitor EMA/VIDYA crossovers and the fill color (green for bullish, red for bearish) to confirm momentum. A bullish crossover (EMA above VIDYA) near a DayTrade trendline bounce can strengthen a long signal, while a bearish crossover supports a short setup.
Dynamic S/R Channels: Use the lime (support) and purple (resistance) lines as additional entry/exit points. If the lines are highlighted in yellow (tight channel), they may act as stronger support/resistance zones. The percentage distance tags help assess channel tightness for potential breakout trades.
Market Maker Targets: Align trades with higher-timeframe S/R levels (e.g., 4H or Daily) to ensure confluence with broader market structure. For example, a long trade off the DayTrade lower trendline is more compelling if it aligns with a Daily support level from the market maker targets.
Combined Signals: Combine signals for higher probability trades. For instance, a breakout above the DayTrade upper projection, confirmed by a green SuperTrend, bullish EMA/VIDYA crossover, and price above a dynamic S/R support level near a Weekly market maker target, suggests a strong bullish setup.
6. Practical Trading Considerations
Timeframe Context: The DayTrade channel, enabled by "Show DayTrade Trend Lines," is best suited for intraday trading due to its daily anchoring and morning update behavior. Use higher timeframe channels (e.g., enabled by "Show Weekly Trend Lines" or "Show Monthly Trend Lines") and market maker targets for broader context, as breaks of the DayTrade channel may align with or be influenced by larger trends.
Confirmation Tools: Use additional indicators (e.g., RSI, MACD, or volume-based indicators) or candlestick patterns to confirm signals at trendlines, projections, heartlines, or dynamic S/R levels. The script’s alerts and market maker targets can help identify breakouts or key levels, but traders should verify with other technical or fundamental factors.
Risk Management: Define risk-reward ratios before entering trades. For example, a 1:2 risk-reward ratio might involve risking a stop-loss below the lower trendline or a market maker support level to target the heartline or upper trendline.
Market Conditions: The effectiveness of the channels, heartlines, and other features depends on market conditions (e.g., trending vs. ranging markets). In choppy markets, price may oscillate within the main channel or between dynamic S/R levels, favoring range-bound strategies. In trending markets, breaks of projections, reflection channels, or market maker targets may signal continuation trades.
Limitations: The indicator relies on historical price data and does not incorporate volume, news, or other external factors. Traders should use it as part of a broader strategy and avoid relying solely on its signals.
How to Use in TradingView
Add the Indicator: Copy the script into TradingView’s Pine Editor, compile it, and add it to your chart.
Configure Settings:
Enable "Show DayTrade Trend Lines" to display the main DayTrade trendlines and projections.
Use the "Show Reflection Channel" dropdown to select "None," "Lower," "Upper," or "Both" to display reflection channels.
Toggle "Show DayTrade Heartline" and "Show Reflection Heartline(s)" to control heartline visibility.
Adjust colors using "DayTrade Channel Color," "DayTrade Projection Channel Color," and "Heartline Color."
Enable other timeframes (e.g., "Show Weekly Trend Lines," "Show Monthly Trend Lines") for additional context.
Enable "Show Dynamic S/R Channels" and "Show Market Maker Targets" to display S/R lines and higher-timeframe levels.
Adjust "Impulse Channel Distance (%)" and other S/R settings to customize dynamic S/R behavior.
Set Alerts: Configure alerts in TradingView for "Upper Trend Break" or "Lower Trend Break" to receive notifications when a candle closes fully above or below any timeframe’s projections.
Analyze the Chart:
Monitor price interactions with trendlines, projections, heartlines, SuperTrend, EMA, VIDYA, dynamic S/R levels, and market maker targets.
Look for bounces, breaks, or rejections at these levels to plan entries and exits.
Use heartline breaks, EMA/VIDYA crossovers, or dynamic S/R confirmations as potential momentum signals.
Align trades with market maker targets for higher-timeframe confluence.
Test Strategies: Backtest line-to-line trading strategies in TradingView’s strategy tester or demo account to evaluate performance before trading with real capital.
Conclusion
The SuperTrend™ indicator provides a comprehensive framework for technical analysis by combining dynamic trend channels, a traditional SuperTrend, a 10-period EMA, VIDYA, dynamic S/R channels, and market maker targets across multiple timeframes. The DayTrade channel’s anchoring to previous and current day highs/lows before 12 PM, enabled by "Show DayTrade Trend Lines," creates a stable reference for intraday trading, while static trendlines, dynamic projections, and reflection channels guide traders in anticipating price movements. The heartlines, controlled by toggles like "Show DayTrade Heartline" and "Show Reflection Heartline(s)," offer potential insights into high-activity price levels, with breaks indicating momentum shifts. The SuperTrend, EMA, VIDYA, dynamic S/R channels, and market maker targets enhance the indicator by providing trend confirmation, dynamic support/resistance, and higher-timeframe context. Traders can use the indicator for line-to-line trading by targeting moves between trendlines, projections, reflection channels, and S/R levels, while managing risk with stop-losses and confirmations from other tools. The indicator should be used as part of a comprehensive trading plan.
Global Economy Index (GEI)A composite macro indicator built from 5 real-time signals that reflect the strength of the global economy:
The idea came from @Thomasonmarkets on X
// 1. Inverted US Dollar Index (1 / DXY) – Stronger USD = tighter global conditions
// 2. Baltic Dry Index (BDI) – Measures global shipping demand
// 3. China 10Y Yield – Proxy for Chinese economic health
// 4. Copper/Gold Ratio – Risk-on vs safe-haven demand
// 5. Crude Oil – Global industrial demand
//
// Each input is standardized via 252-day Z-scores and equally weighted.
// A rising GEI suggests global expansion (risk-on).
// A falling GEI suggests economic contraction (risk-off).
//
// Use as a leading signal for the business cycle, risk appetite, and liquidity regimes.
// Can be shifted forward (e.g. 3–6 months) to anticipate turning points in PMI, equities, and crypto macro cycles.
AMV Impulse AssistantThe AMV Impulse Assistant is a custom momentum tool designed to assess how aggressively price is moving relative to recent volatility. It combines Bollinger-based range analysis and fast-moving average behavior to generate a dynamic impulse score. This score helps identify when price action is potentially overextended or showing signs of unusual momentum — useful for pullback traders, breakout traders, and anyone managing entries during trending conditions.
What it does:
Tracks the relationship between a short WMA and Bollinger basis to gauge directional strength.
Measures price movement compression/expansion with a normalized Bollinger Width Percentile.
Combines both into a smoothed Impulse Score (from -10 to +10) that reflects how aggressively price is pushing in either direction.
Colors the score line and highlights background zones when momentum enters extreme ranges.
📈 Use case:
This tool is especially effective for day traders who need to quickly identify when price is moving abnormally fast — either as an exhaustion signal or confirmation of an aggressive continuation. It can be used to:
Confirm the end of a pullback.
Spot overly aggressive moves that may revert.
Avoid entries during neutral chop or volatility compression.
It is best used alongside your primary trend filters and execution tools as a supplementary confirmation.
AMV Volume AssistantThe AMV Volume Assistant is a custom tool that visualizes volume delta strength using percentile-based scoring. It helps identify potential overbought and oversold conditions by measuring how strong recent buying or selling pressure is compared to historical volume behavior.
What it does:
Tracks delta accumulation using lower timeframe data split into buying and selling volume based on candle direction.
Converts this accumulation into a percentile score to show relative strength or weakness.
Colors the background green or red when the smoothed score crosses key thresholds (+3 or -3), highlighting moments of possible volume exhaustion or continuation.
Use case:
This tool is useful for intraday traders who want a simple way to spot strong buying or selling pressure and assess when the move may be overextended. It works best as a supporting indicator alongside your main strategy or trend framework.
This tool works best on futures such as CME_MINI:NQ1! due to the accuracy of volume data provided.
IMPORTANT: On lower tf's such as the 1 minute timeframes, 5s data is needed so a premium subscription is required for the use of this indicator.
2 in 1 RSI + MACDRsi and Stochastik RSi overlay..
standalone Macd..
Works only for smaller Timerframes..
In bigger timeframe is the Macd too big..
Maybe one time there are different versions for other timeframes if its want someone!?
For users with only 3 possible indicator..
I hope it helps someone..
TrueTrend V1 — Nadeem alaaTrueTrend V1 — Nadeem alaa is a powerful trend and momentum indicator specifically designed for scalping and active trading on lower timeframes, from 15 minutes down to 1 minute. The indicator integrates advanced SuperTrend logic, dynamic take profit signals, and a momentum coloring system (CDC Action Zone), making it ideal for traders seeking fast and reliable signals in volatile markets.
Key Features:
Optimized for Lower Timeframes: Built and fine-tuned for high-precision trading on 1m, 3m, 5m, and 15m charts, offering fast signal generation and clear trend identification.
Comprehensive Trend Detection: Utilizes an enhanced SuperTrend algorithm with adjustable settings, providing precise buy and sell signals directly on the chart.
Automatic Take Profit Signals: Displays take profit points after each buy or sell, with customizable parameters for multiplier and length.
Momentum Visualization: Candles are automatically colored based on the current momentum and trend strength, helping traders visually assess market conditions at a glance.
Big EMA Tracking: Includes a long-term exponential moving average for additional trend confirmation.
Smart Alerts: Supports all types of alerts (buy, sell, take profit) for automated trading or instant notifications.
Bilingual Support: All settings and labels are available in both Arabic and English, making the indicator accessible for a wide range of users.
User-Friendly Interface: All components—signals, lines, and colors—are clearly displayed and easily customizable to fit any trading style.
TrueTrend V1 is the ultimate tool for intraday and scalping traders who want a complete solution for trend, momentum, and take profit signals, fully supporting both Arabic and English languages.