Abnormal Candle DetectorAbnormal Candle Detector
The Abnormal Candle Detector identifies sudden and unusual price movements by comparing the current candle's size and volume to recent averages. It highlights candles that deviate significantly from normal market behavior, helping traders spot breakouts, reversals, or high-impact events.
Features:
1. Abnormal Size Detection: Flags candles where the range (high-low) exceeds a user-defined multiplier of the average range.
2. Volume Confirmation: Optionally ensures abnormal movements are backed by higher-than-average volume.
3. Visual Markers:
Green triangles for bullish abnormal candles.
Red triangles for bearish abnormal candles.
Background highlights for better visibility.
4. Alerts: Real-time notifications when abnormal candles are detected.
Why Use It?
Spot early breakouts or trend reversals.
Identify high-impact events driven by news or institutional activity.
Filter noise and focus on significant market movements.
Customizable for any market or timeframe, the Abnormal Candle Detector is perfect for traders who want to stay ahead of major price action.
อินดิเคเตอร์และกลยุทธ์
XAMD/AMDX ICT 01 [TradingFinder] SMC Quarterly Theory Cycles🔵 Introduction
The XAMD/AMDX strategy, combined with the Quarterly Theory, forms the foundation of a powerful market structure analysis. This indicator builds upon the principles of the Power of 3 strategy introduced by ICT, enhancing its application by incorporating an additional phase.
By extending the logic of Power of 3, the XAMD/AMDX tool provides a more detailed and comprehensive view of daily market behavior, offering traders greater precision in identifying key movements and opportunities
This approach divides the trading day into four distinct phases : Accumulation (19:00 - 01:00 EST), Manipulation (01:00 - 07:00 EST), Distribution (07:00 - 13:00 EST), and Continuation or Reversal (13:00 - 19:00 EST), collectively known as AMDX.
Each phase reflects a specific market behavior, providing a structured lens to interpret price action. Building on the fractal nature of time in financial markets, the Quarterly Theory introduces the Four Quarters Method, where a currency pair’s price range is divided into quarters.
These divisions, known as quarter points, highlight critical levels for analyzing and predicting market dynamics. Together, these principles allow traders to align their strategies with institutional trading patterns, offering deeper insights into market trends
🔵 How to Use
The AMDX framework provides a structured approach to understanding market behavior throughout the trading day. Each phase has its own characteristics and trading opportunities, allowing traders to align their strategies effectively. To get the most out of this tool, understanding the dynamics of each phase is essential.
🟣 Accumulation
During the Accumulation phase (19:00 - 01:00 EST), the market is typically quiet, with price movements confined to a narrow range. This phase is where institutional players accumulate their positions, setting the stage for future price movements.
Traders should use this time to study price patterns and prepare for the next phases. It’s a great opportunity to mark key support and resistance zones and set alerts for potential breakouts, as the low volatility makes immediate trading less attractive.
🟣 Manipulation
The Manipulation phase (01:00 - 07:00 EST) is often marked by sharp and deceptive price movements. Institutions create false breakouts to trigger stop-losses and trap retail traders into the wrong direction. Traders should remain cautious during this phase, focusing on identifying the areas of liquidity where these traps occur.
Watching for price reversals after these false moves can provide excellent entry opportunities, but patience and confirmation are crucial to avoid getting caught in the manipulation.
🟣 Distribution
The Distribution phase (07:00 - 13:00 EST) is where the day’s dominant trend typically emerges. Institutions execute large trades, resulting in significant price movements. This phase is ideal for trading with the trend, as the market provides clearer directional signals.
Traders should focus on identifying breakouts or strong momentum in the direction of the trend established during this period. This phase is also where traders can capitalize on setups identified earlier, aligning their entries with the market’s broader sentiment.
🟣 Continuation or Reversal
Finally, the Continuation or Reversal phase (13:00 - 19:00 EST) offers a critical juncture to assess the market’s direction. This phase can either reinforce the established trend or signal a reversal as institutions adjust their positions.
Traders should observe price behavior closely during this time, looking for patterns that confirm whether the trend is likely to continue or reverse. This phase is particularly useful for adjusting open positions or initiating new trades based on emerging signals.
🔵 Settings
Show or Hide Phases.
Adjust the session times for each phase :
Accumulation: 19:00-01:00 EST
Manipulation: 01:00-07:00 EST
Distribution: 07:00-13:00 EST
Continuation or Reversal: 13:00-19:00 EST
Modify Visualization : Customize how the indicator looks by changing settings like colors and transparency.
🔵 Conclusion
AMDX provides traders with a practical method to analyze daily market behavior by dividing the trading day into four key phases: Accumulation, Manipulation, Distribution, and Continuation or Reversal. Each phase highlights specific market dynamics, offering insights into how institutional activity shapes price movements.
From the quiet buildup in the Accumulation phase to the decisive trends of the Distribution phase, and the critical transitions in Continuation or Reversal, this approach equips traders with the tools to anticipate movements and make informed decisions.
By recognizing the significance of each phase, traders can avoid common traps during Manipulation, capitalize on clear trends during Distribution, and adapt to changes in the final phase of the day.
The structured visualization of market phases simplifies decision-making for traders of all levels. By incorporating these principles into your trading strategy, you can enhance your ability to align with market trends, optimize entry and exit points, and achieve more consistent results in your trading journey.
Truly Iterative Gaussian ChannelOVERVIEW
The Truly Iterative Gaussian Channel is a robust channeling system that integrates a Gaussian smoothing kernel with a rolling standard deviation to create dynamically adaptive upper and lower boundaries around price. This indicator provides a smooth, yet responsive representation of price movements while minimizing lag and dynamically adjusting channel width to reflect real-time market volatility. Its versatility makes it effective across various timeframes and trading styles, offering significant potential for experimentation and integration into advanced trading systems.
TRADING USES
The Gaussian indicator can be used for multiple trading strategies. Trend following relies on the middle Gaussian line to gauge trend direction: prices above this line indicate bullish momentum, while prices below signal bearish momentum. The upper and lower boundaries act as dynamic support and resistance levels, offering breakout or pullback entry opportunities. Mean reversion focuses on identifying reversal setups when price approaches or breaches the outer boundaries, aiming for a return to the Gaussian centerline. Volatility filtering helps assess market conditions, with narrow channels indicating low volatility or consolidation and suggesting fewer trading opportunities or an impending breakout. Adaptive risk management uses channel width to adjust for market volatility, with wider channels signaling higher risk and tighter channels indicating lower volatility and potentially safer entry points.
THEORY
Gaussian kernel smoothing, derived from the Gaussian normal distribution, is a cornerstone of probability and statistics, valued for its ability to reduce noise while preserving critical signal features. In this indicator, it ensures price movements are smoothed with precision, minimizing distortion while maintaining responsiveness to market dynamics.
The rolling standard deviation complements this by dynamically measuring price dispersion from the mean, enabling the channel to adapt in real time to changing market conditions. This combination leverages the mathematical correctness of both tools to balance smoothness and adaptability.
An iterative framework processes data efficiently, bar by bar, without recalculating historical value to ensure reliability and preventing repainting to create a mathematically grounded channel system suitable for a wide range of market environments.
The Gaussian channel excels at filtering noise while remaining responsive to price action, providing traders with a dependable tool for identifying trends, reversals, and volatility shifts with consistency and precision.
CALIBRATION
Calibration of the Gaussian channel involves adjusting its length to modify sensitivity and adaptability based on trading style. Shorter lengths (e.g., 50-100) are ideal for intraday traders seeking quick responses to price fluctuations. Medium lengths (e.g., 150-200) cater to swing traders aiming to capture broader market trends. Longer lengths (e.g., 250-400+) are better suited for positional traders focusing on long-term price movements and stability.
MARKET USAGE
Stock, Forex, Crypto, Commodities, and Indices.
Dual Timeframe Stochastic Momentum Index w/buy sell signalsThis indicator combines momentum analysis across two timeframes to identify high-probability trading opportunities. It plots the Stochastic Momentum Index (SMI) for both the chart timeframe and a higher timeframe (default 10 minutes) to help traders align with the broader market trend.
Key Features
Displays SMI and its EMA for both timeframes
Background shading indicates favorable trading conditions
Signal dots mark potential entry points
Customizable parameters for fine-tuning
Signals Explained
Bullish Signals (Green Dots)
Appear when the chart timeframe SMI crosses above its EMA
Only trigger during periods when the higher timeframe shows:
SMI is above its EMA (increasing momentum)
SMI is between -40 and +40 (not overbought/oversold)
Bearish Signals (Red Dots)
Appear when the chart timeframe SMI crosses below its EMA
Only trigger during periods when the higher timeframe shows:
SMI is below its EMA (decreasing momentum)
SMI is between -40 and +40 (not overbought/oversold)
Settings
%K Length: Lookback period for SMI calculation (default: 10)
%D Length: Smoothing period for primary calculation (default: 3)
EMA Length: Smoothing period for signal line (default: 3)
Alternative Timeframe: Higher timeframe for trend analysis (default: 10 minutes)
Best Practices
Use higher timeframe signals to determine market bias
Wait for signal dots in the chart timeframe for entry timing
Avoid trades when higher timeframe SMI is in extreme zones (above 40 or below -40)
Consider additional confirmation from price action or other indicators
Note: This indicator combines trend and momentum analysis but should be used as part of a complete trading strategy that includes proper risk management.
Range FinderStill incomplete.
This indicator shows how to find range targets, according to my definition of what a range is.
RSI TOP DEMAISIndicador copiado de terceiros, para ajustes. ele fornece sinais de topos e fundos. sempre bom e acertivo.
geebcountCandle Counter with Explosive Moves Indicator
A custom indicator for counting different types of candles including explosive price movements.
Indicator Overview
This indicator counts green (bullish), red (bearish), neutral candles, and explosive price movements over specified periods.
Inputs
Count Period (จำนวนนับกี่แท่งต่อรอบ): Number of candles to count per round
Display Rounds (จำนวนแสดงผลการนับ): Number of counting rounds to display
Start Date: Optional starting date for the count
Text Color: Color of the displayed labels
Explosive Move % Threshold: Minimum percentage move to qualify as an explosive candle
Calculations
The indicator performs the following counts:
G: Number of green (bullish) candles
R: Number of red (bearish) candles
Y: Number of neutral (doji) candles
E: Number of explosive candles (moves exceeding the threshold percentage)
최적 매매 전략청산 이익률 입력 변수 추가: takeProfitPct를 추가하여 원하는 청산 이익률을 입력할 수 있게 하였습니다.
매수 진입 비율 수정: entryPct를 사용하여 매수 시 진입 금액을 계좌의 일정 비율로 설정하였습니다.
Take Profit 가격 계산 수정: takeProfitPrice를 정확하게 계산하도록 수정하였습니다.
매도 조건 수정: 포지션이 닫혔을 때를 정확히 감지하여 매도 신호를 표시하도록 sellCondition을 수정하였습니다.
매도 신호 표시 개선: 실제 전략의 청산 시점과 매도 신호가 일치하도록 개선하였습니다.^^
Price Channel with SupertrendOverview
This Pine Script creates an indicator named "Price Channel with Supertrend" that overlays on the main chart. It combines the Price Channel and Supertrend indicators, and includes various customization options for colors and bar conditions.
Key Components
Inputs:
length: Length for the Price Channel.
channel: Boolean to enable/disable the Price Channel.
Various color inputs for customization.
Bar Conditions:
Identifies different types of bars (e.g., inside bars, outside bars, up days, down days) and sets colors accordingly.
Price Channel:
Calculates the upper and lower bounds of the Price Channel using the highest high and lowest low over the specified length.
Plots the Price Channel if enabled.
Supertrend:
Uses ATR (Average True Range) to calculate the Supertrend.
Plots the Supertrend line with color changes based on the trend direction.
Bar Coloring:
Colors bars based on conditions like outside bars and Supertrend direction.
Buy and Sell Signals:
Generates buy and sell signals based on crossovers and crossunders of the closing price with the Supertrend line.
Plots labels for these signals on the chart.
Plotting
Price Channel: Plots the upper and lower bounds.
Supertrend: Plots the Supertrend line with color changes.
ATR: Uses ATR for Supertrend calculation.
Bar Colors: Colors bars based on conditions.
Signals: Plots buy and sell signals with labels.
Multiple Timeframe CloseMultiple Timeframe Close
This indicator allows users to track the closing prices of up to three different higher timeframes directly on their current chart. It plots the closures of user-selected timeframes such as daily, weekly, or monthly, making it easier to visualize significant levels across different periods. Additionally, users can select the desired time zone for more precise tracking.
Buy and Sell Signal with VWAP and EMAsBuy and Sell Signal with VWAP and EMAs and also based on candle stick patterns.
RSI Below 40 Buy and Sell on 5% Profit (Auto-Trading Enabled)RSI %40 altinda düstügünde alim yapacak sekilde ve %5 kar yapildiginda satacak
PRINCE007 PIVOT,VWAP & H/L,M/A DEC 2024PRINCE007 PIVOT,VWAP & H/L,M/A DEC 2024
It's a pretty simple example of a nice custom screener you can run for multiple timeframes. This is an RSI screener, but you can easily change the function for your own Indicator.
Screener displays:
Last value of the instrument
RSI value for up to 10 instruments / 4 timeframes.
In Parameters you can change:
4 timeframes
10 instruments
Parameters for RSI
Styling parameters for table
If the selected timeframe will be lower than the current one you will receive a warning message in a table.
Thanks to MUQWISHI to help me code it.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
My EngulfingEngulfing Candle that everyone can use it to make a simple entry on every pair and every timeframe
Stock_Cloud-EMA,VWAP,ST Indicator_V1Stock_Cloud-EMA,VWAP,ST Indicator
A simple indicator combining three popular technical indicators: EMA, VWAP, and SuperTrend. It generates clear trading signals when price moves above or below all three indicators.
Features:
• EMA (Exponential Moving Average) - Blue line
• VWAP (Volume Weighted Average Price) - Purple line
• SuperTrend - Green/Red line
• Background color changes to light green in bullish conditions and light red in bearish conditions
• Small triangles mark entry/exit points when price crosses all indicators
Signals:
▲ Green triangle: Bullish signal when price crosses above all indicators
▼ Red triangle: Bearish signal when price crosses below all indicators
Settings:
- EMA Length: 20 (default)
- SuperTrend Period: 10 (default)
- SuperTrend Multiplier: 3.0 (default)
How to Use:
Look for trade entries when all three indicators align and the triangle signal appears. The background color helps confirm the overall trend direction.
Multi Indicator By poid0010อินดิเคเตอร์ตัวนี้พัฒนาโดย AI โดยเอาเครื่องมือยอดฮิต 10 ตัวมาคำนวน จุดเข้า ซื้อ ขาย และสามาถ ทดสอบกลยุทธ ย้อนหลังได้ ว่าหากเล่นตามตัวนี้ จะชนะ หรือแพ้ และกำไรขาดทุนเท่าไหร่ มีให้ตั้ง เงินทุนที่จะลงเล่นต่อไม้
Lakush bhai hi kehdeThis script appears to be a custom indicator for TradingView that combines **Volumatic Variable Index Dynamic Average (VIDYA)** with **liquidity zone detection** and volume analysis. Here's a breakdown of its main components and functionality:
### Key Features
1. **VIDYA Calculation**:
- Implements a Variable Index Dynamic Average using momentum and length parameters to adapt to price action.
- Smoothes the trend dynamically based on volume and price momentum.
2. **Liquidity Zone Detection**:
- Identifies pivot highs and lows, and marks support (low) and resistance (high) zones on the chart.
- Tracks and extends these zones dynamically to visualize potential price liquidity levels.
3. **Trend Detection**:
- Tracks whether the trend is up or down by comparing the price source against VIDYA-based bands.
- Includes upper and lower bands calculated with a distance factor and ATR for flexibility.
4. **Volume Analysis**:
- Aggregates volumes during uptrends and downtrends to show the dominance of buying or selling pressure.
- Displays the delta volume percentage to highlight the difference between buying and selling volumes.
5. **Annotations**:
- Adds labels and markers for significant events:
- Liquidity zones are labeled with volume data.
- Trend changes are highlighted with up and down arrows.
6. **Plot and Styling**:
- VIDYA is plotted along with its bands, and the area between price and VIDYA is shaded to emphasize trend direction.
- Supports customizable colors for uptrends and downtrends.
---
### Usage
- **Inputs**:
- `vidya_length` and `vidya_momentum`: Control the sensitivity of the VIDYA calculation.
- `band_distance`: Determines the width of upper and lower bands.
- Source: Defines the data used for calculations, typically `close`.
- **Outputs**:
- Trendlines, arrows, and shaded areas showing trend direction.
- Liquidity lines marking support/resistance zones.
- Volume statistics for trends and delta volume percentage.
---
### How to Use in TradingView
1. **Copy the Code**:
- Copy the script and paste it into the Pine Script editor in TradingView.
2. **Customize Inputs**:
- Adjust the parameters in the input section (`VIDYA Length`, `Momentum`, etc.) to suit your trading style.
3. **Add to Chart**:
- Save and add the script to your desired chart.
4. **Interpret Signals**:
- Use liquidity zones for potential reversal areas.
- Observe the trend and volume indicators for entries and exits.
---
### Potential Improvements
1. **Optimization**:
- Fine-tune the default values for `vidya_length`, `momentum`, and `band_distance` based on backtesting.
2. **Performance**:
- Limit the number of liquidity lines stored to enhance performance for charts with extensive data.
3. **Alerts**:
- Add alert conditions for trend changes, significant volume shifts, or price crossing liquidity zones.
Advanced Pattern Detector**Script Overview**
**Indicator Name:** Advanced Pattern Detector
**Pine Script Version:** v5
**Indicator Type:** Overlaid on the chart (overlay=true)
**Main Features:**
- Detection and visualization of various technical patterns.
- Generation of BUY and SELL signals based on detected patterns.
- Display of Fibonacci levels to identify potential support and resistance levels.
- Ability to enable or disable each pattern through the indicator settings.
---
**Indicator Settings**
**Switches to Enable/Disable Patterns**
At the top of the indicator, there are parameters that allow the user to select which patterns will be displayed on the chart:
- Three Drives
- Rounding Top
- Rounding Bottom
- ZigZag Pattern
- Inverse Head and Shoulders
- Fibonacci Retracement
**Parameters for ZigZag**
Settings are also available for the ZigZag pattern, such as the depth of peak and trough detection, allowing the user to adjust the indicator's sensitivity to price changes.
---
**Pattern Detection**
Each pattern is implemented with its own logic, which checks specific conditions on the current bar (candle). Below are the main patterns:
1. **Three Drives**
- **Description:** This pattern consists of three consecutive price movements in one direction (up or down). It can signal the continuation of the current trend or its reversal.
- **How It Works:**
- **Upward Drive:** The indicator checks that the closing price of each subsequent candle is higher than the previous one for three bars.
- **Downward Drive:** The indicator checks that the closing price of each subsequent candle is lower than the previous one for three bars.
2. **Rounding Top**
- **Description:** A pattern representing a smooth decrease in maximum prices over several bars, which may indicate a potential downward trend reversal.
- **How It Works:**
- The indicator checks that the maximum prices of the last five bars are gradually decreasing, and the current bar shows a decrease in the maximum price.
3. **Rounding Bottom**
- **Description:** A pattern characterized by a smooth increase in minimum prices over several bars, signaling a possible upward trend reversal.
- **How It Works:**
- The indicator checks that the minimum prices of the last five bars are gradually increasing, and the current bar shows an increase in the minimum price.
4. **ZigZag Pattern**
- **Description:** Used to identify corrective movements on the chart. The pattern shows peak and trough points connected by lines, helping to visualize the main price movement.
- **How It Works:**
- The indicator uses a function to determine local maxima and minima based on the specified depth.
- Detected peaks and troughs are connected by lines to create a visual zigzag structure.
5. **Inverse Head and Shoulders**
- **Description:** An inverted head and shoulders formation signals a possible reversal of a downward trend to an upward one.
- **How It Works:**
- The indicator looks for three local minima: the left shoulder, the head (the lowest minimum), and the right shoulder.
- It checks that the left and right shoulders are approximately at the same level and below the head.
6. **Fibonacci Retracement Levels**
- **Description:** Automatically builds key Fibonacci levels based on the maximum and minimum prices over the last 50 bars. These levels are often used as potential support and resistance levels.
- **How It Works:**
- Daily, the minimum and maximum prices over the last 50 bars are calculated.
- Based on these values, Fibonacci levels are drawn: 100%, 23.6%, 38.2%, 50%, 61.8%, and 0%.
- Old levels are removed when a new day begins to keep the chart clean and up-to-date.
---
**Generation of Buy and Sell Signals**
The indicator combines the results of detected patterns to generate trading signals:
- **Buy Signals (BUY):**
- Rounding Bottom
- Three Drives Up
- Inverse Head and Shoulders
- ZigZag Low
- **Sell Signals (SELL):**
- Rounding Top
- Three Drives Down
- Inverse Head and Shoulders
- ZigZag High
**How It Works:**
- If one or more buy conditions are met, a "BUY" label is displayed below the corresponding bar on the chart.
- If one or more sell conditions are met, a "SELL" label is displayed above the corresponding bar on the chart.
---
**Visualization of Patterns on the Chart**
Each detected pattern is visualized using various graphical elements, allowing traders to easily identify them on the chart:
- **Three Drives Up:** Green upward triangle below the bar.
- **Three Drives Down:** Red downward triangle above the bar.
- **Rounding Top:** Orange "RT" label above the bar.
- **Rounding Bottom:** Blue "RB" label below the bar.
- **Inverse Head and Shoulders:** Turquoise "iH&S" label below the bar.
- **ZigZag High/Low:** Purple circles at the peaks and troughs of the zigzag.
---
**Displaying Fibonacci Levels**
Fibonacci levels are displayed as horizontal lines on the chart with corresponding labels. These levels help traders determine potential entry and exit points, as well as support and resistance levels.
---
**Drawing ZigZag Lines**
ZigZag lines connect the detected peaks and troughs, visualizing corrective movements. To avoid cluttering the chart, the number of lines is limited, and old lines are automatically removed as new ones are added.
Indicador M2 con Filtro de EMAs
El Patrón de Velas M2 es el mejor gatillo para entrar a mercado cuando el grafico de los precios nos da una ventaja estadística.
Las EMAS 10 y 5 nos dan un filtro de la tendencia a corto plazo y en combinación con el patón M2 conforman la base del Sistema Scalping 2.0 el cual nos permite realizar operaciones siempre a favor de la tendencia, dándonos la oportunidad de llevar a cabo una de las premisas mas antiguas que existen en el mercado: 2Latendencia es tu amiga"
El patrón de velas M2 consiste en una vela que cierra mayor que los cuerpos de las dos velas anteriores (para compra) o una vela que cierra por debajo de los cuerpos de las dos velas anteriores (para venta).
Cada que el precio genera un nuevo M2 sobre una tendencia establecida, nos indica que el precio ha de continuar con esa tendencia, a menos que exista algun tipo de soporte o resistencia importante justo ante el cierre de dicho M2
Heavy Gustavo Buy and Sell Execution SignalsLiquidity Runs:
Detects when price sweeps above the highest high or below the lowest low of the lookback period.
Fair Value Gap:
Identifies gaps where price can retrace, indicating a potential reversal zone.
Trend Confirmation:
Uses a moving average (MA) to confirm the trend direction and filter trades (optional).
Visualization:
Small green circles are plotted for buy signals.
Small red circles are plotted for sell signals.
Correlation Confluence Trend IndicatorCorrelation Confluence Trend Indicator
Overview
The Correlation Confluence Trend Indicator combines exponential moving averages (EMAs) and statistical correlation measures to identify high-confidence trend alignments between an asset and a benchmark. By filtering signals through correlation strength, this indicator highlights opportunities when the asset and benchmark move together. In other words, it defines a trend and then uses correlation strength and the trend of a second asset to identify high-confidence trends.
Key Features
Dual EMA Trend Analysis :
Calculates fast and slow EMAs for both the asset and the selected benchmark (e.g., SPY) to identify bullish and bearish trends.
Correlation Strength Filtering :
Evaluates correlation between the asset and benchmark, identifying stronger-than-average relationships based on the mean and standard deviation.
Background Color Coding :
- Green : Strong correlation, both asset and benchmark bullish.
- Aqua : Weak correlation, both asset and benchmark bullish.
- Red : Strong correlation, both asset and benchmark bearish.
- Fuchsia : Weak correlation, both asset and benchmark bearish.
- Orange : Strong correlation, benchmark bullish, asset bearish.
- Yellow : Weak correlation, benchmark bullish, asset bearish.
- Purple : Strong correlation, benchmark bearish, asset bullish.
- Lime : Weak correlation, benchmark bearish, asset bullish.
Visual Trend Indicators :
Plots fast and slow EMAs for the asset, dynamically colored based on aggregate trend signals. The color of this corresponds to the main trend signal.
Inputs
Benchmark Symbol : Symbol of the benchmark asset to compare against.
Fast EMA Length : Period for the fast EMA calculation.
Slow EMA Length : Period for the slow EMA calculation.
Correlation Length : Number of bars for correlation calculation.
Correlation Mean Length : Number of bars for mean and standard deviation calculation.
Std Dev Multiplier : Multiplier for standard deviation to define correlation strength. When the correlation is Std Dev Multiplier standard deviations above the mean, it counts as a strong correlation.
Set Background Color : Toggle background coloring on or off.
Notes
This indicator is primarily designed for trend-following strategies. By combining trend analysis and correlation filtering, it ensures that signals occur during aligned market conditions, reducing false signals.
Before incorporating this indicator into your trading strategy:
Always backtest on historical data to evaluate its performance before committing capital.
Use proper risk management to control position sizes and mitigate potential losses.
Remember that no indicator guarantees success. I'm quite proud of this one, but it's not the holy grail.
Dukes Cross (RSI-MA Cross + Bollinger Bands Strategy)Key Commitments:
Track Enhancements:
Every modification will be incremental and documented to ensure measurable improvements.
Optimize Profitability:
The current profitability is 60%; the goal is to improve it incrementally.
Maintain Core Logic:
This code’s foundation—based on RSI-MA crosses, Bollinger Bands, SMA trends, and volume confirmation—will remain central to all strategies.
Adapting and Testing:
All changes will be tested in a backtesting environment using Strategy Tester and real-time charts for validation.
Preserve Readability:
Code will remain clean, structured, and modular to facilitate further iterations
