ATR Extension from Moving Average, with Robust Sigma Bands
# ATR Extension from Moving Average, with Robust Sigma Bands
**What it does**
This indicator measures how far price is from a selected moving average, expressed in **ATR multiples**, then overlays **robust sigma bands** around the long run central tendency of that extension. Positive values mean price is extended above the MA, negative values mean price is extended below the MA. The signal adapts to volatility through ATR, which makes comparisons consistent across symbols and regimes.
**Why it can help**
* Normalizes distance to an MA by ATR, which controls for changing volatility
* Uses the **bar’s extreme** against the MA, not just the close, so it captures true stretch
* Computes a **median** and **standard deviation** of the extension over a multi-year window, which yields simple, intuitive bands for trend and mean-reversion decisions
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## Inputs
* **MA length**: default 50, options 200, 64, 50, 20, 9, 4, 3
* **MA timeframe**: Daily or Weekly. The MA is computed on the chosen higher timeframe through `request.security`.
* **MA type**: EMA or SMA
* **Years lookback**: 1 to 10 years, default 5. This sets the sample for the median and sigma calculation, `years * 365` bars.
* **Line width**: visual width of the plotted extension series
* **Table**: optional on-chart table that displays the current long run **median** and **sigma** of the extension, with selectable text size
**Fixed parameters in this release**
* **ATR length**: 20 on the daily timeframe
* **ATR type**: classic ATR. ADR percent is not enabled in this version.
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## Plots and colors
* **Main plot**: “Extension from 50d EMA” by default. Value is in **ATR multiples**.
* **Reference lines**:
* `median` line, black dashed
* +2σ orange, +3σ red
* −2σ blue, −3σ green
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## How it is calculated
1. **Moving average** on the selected higher timeframe: EMA or SMA of `close`.
2. **Extreme-based distance** from MA, as a percent of price:
* If `close > MA`, use `(high − MA) / close * 100`
* Else, use `(low − MA) / close * 100`
3. **ATR percent** on the daily timeframe: `ATR(20) / close * 100`
4. **ATR multiples**: extension percent divided by ATR percent
5. **Robust center and spread** over the chosen lookback window:
* Center: **median** of the ATR-multiple series
* Spread: **standard deviation** of that series
* Bands: center ± 1σ, 2σ, 3σ, with 2σ and 3σ drawn
This design yields an intuitive unit scale. A value of **+2.0** means price is about 2 ATR above the selected MA by the most stretched side of the current bar. A value of **−3.0** means roughly 3 ATR below.
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## Practical use
* **Trend continuation**
* Sustained readings near or above **+1σ** together with a rising MA often signal healthy momentum.
* **Mean reversion**
* Spikes into **±2σ** or **±3σ** can identify stretched conditions for fade setups in range or late-trend environments.
* **Regime awareness**
* The **median** moves slowly. When median drifts positive for many months, the market spends more time extended above the MA, which often marks bullish regimes. The opposite applies in bearish regimes.
**Notes**
* The MA can be set to Weekly while ATR remains Daily. This is deliberate, it keeps the normalization stable for most symbols.
* On very short intraday charts, the extension remains meaningful since it references the session’s extreme against a higher-timeframe MA and a daily ATR.
* Symbols with short histories may not fill the lookback window. Bands will adapt as data accrues.
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## Table overlay
Enable **Table → Show** to see:
* “ATR from \”
* Current **median** and **sigma** of the extension series for your lookback
---
## Recommended settings
* **Swing equities**: 50 EMA on Daily, 5 to 7 years
* **Index trend work**: 200 EMA on Daily, 10 years
* **Position trading**: 20 or 50 EMA on Weekly MA, 5 to 10 years
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## Interpretation examples
* Reading **+2.7** with price above a rising 50 EMA, near prior highs
* Strong trend extension, consider pyramiding in trend systems or waiting for a pullback if you are a mean-reverter.
* Reading **−2.2** into multi-month support with flattening MA
* Stretch to the downside that often mean-reverts, size entries based on your system rules.
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## Credits
The concept of measuring stretch from a moving average in ATR units has a rich community history. This implementation and its presentation draw on ideas popularized by **Jeff Sun**, **SugarTrader**, and **Steve D Jacobs**. Thanks to each for their contributions to ATR-based extension thinking.
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## License
This script and description are distributed under **MPL-2.0**, consistent with the header in the source code.
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## Changelog
* **v1.0**: Initial public release. Daily ATR normalization, EMA or SMA on D or W timeframe, robust median and sigma bands, optional table.
---
## Disclaimer
This tool is for educational use only. It is not financial advice. Always test on your own data and strategies, then manage risk accordingly.
ความผันผวน
ATR SL/TPStop Loss Finder ATR
A Stop Loss Finder ATR indicator is a dynamic risk management tool leveraging the Average True Range (ATR) to identify and track optimal stop-loss levels based on current market volatility.
A stop hunt indicator is a technical tool designed to identify potential instances where large market participants, often referred to as "smart money," deliberately move the price to trigger a large number of stop-loss orders, creating a temporary price distortion before reversing the trend. These indicators aim to help traders detect these events to either avoid being stopped out or to enter trades in the direction of the anticipated reversal.
For example, a long wick below support with high volume may signal a bullish stop-hunt , indicating that the price has been driven down to trigger sell-stop orders before reversing upward. Conversely, a long wick above resistance with high volume may signal a bearish stop-hunt , suggesting the price was pushed up to trigger buy-stop orders before reversing downward. The presence of such wicks is often associated with candlestick patterns like hammers or shooting stars.
Unlike fixed stop-losses, this indicator adapts its distance from the current price using a customizable ATR multiplier, ensuring that stop-loss levels are neither too tight (prone to being triggered by normal market noise) nor too wide (exposing capital to excessive risk) . The core function calculates the true range—considering the current high-low range, gaps up, and gaps down—over a user-defined period (typically 14 bars), then applies a multiplier to generate a volatility-adjusted stop-loss distance . This approach allows the indicator to dynamically widen stops during high-volatility periods and tighten them during calm markets, providing a more responsive and context-aware exit strategy.
ORB with Golden Zone FIB targets, Any Timeframe by TenAMTraderDescription:
This indicator is designed to help traders identify key price levels using Fibonacci extensions and retracements based on the Opening Range Breakout (ORB). The levels are visualized as “Golden Zones”, which can serve as potential targets for trades.
Features:
Customizable ORB Timeframe: By default, the ORB is set from 9:30 AM to 9:45 AM EST, but any timeframe can be configured in the settings to fit your trading style.
Golden Zones as Targets: Fibonacci levels are intended to be used as potential profit-taking zones or areas to monitor for reversals, providing a structured framework for intraday and swing trading.
Adjustable Chart Settings: Color-coded levels make it easy to interpret at a glance, and all lines can be customized for personal preference.
Versatile Application: The indicator works across any timeframe, enabling traders to analyze both intraday and multi-day price action.
How to Use:
Ensure Regular Trading Hours (RTH) is enabled on your chart for accurate level calculation.
Observe price action near Golden Zones: a confirmed breakout may indicate continuation, while a pullback could signal a reversal opportunity.
Use the Golden Zones as reference targets for managing risk and planning exits.
Adjust the ORB timeframe and display settings to match your preferred trading style.
Legal Disclosure:
This indicator is provided for educational purposes only and is not financial advice. Trading carries a substantial risk of loss. Users should always perform their own analysis and consult a licensed financial professional before making any trading decisions. Past performance is not indicative of future results.
Swing Z | Zillennial Technologies Inc.Swing Z by Zillennial Technologies Inc. is an advanced algorithmic framework built specifically for cryptocurrency markets. It integrates multiple layers of technical analysis into a single decision-support tool, generating buy and sell signals only when several independent confirmations align.
Core Concept
Swing Z fuses trend structure, momentum oscillators, volatility signals, and price action tools to capture high-probability trading opportunities in volatile crypto environments.
Trend Structure (EMA 9, 21, 50, 200)
Short-term EMAs (9 & 21) detect immediate momentum shifts.
Longer-term EMAs (50 & 200) define the broader trend and dynamic support/resistance.
Momentum & Confirmation Layer
RSI measures relative strength and market conditions.
MACD crossovers confirm momentum shifts and trend continuations.
Volatility & Market Pressure
TTM Squeeze highlights compression zones likely to precede breakouts.
Volume analysis confirms conviction behind directional moves.
VWAP (Volume Weighted Average Price) establishes intraday value zones and institutional benchmarks.
Price Action Filters
Fibonacci retracements are integrated to identify key reversal and continuation levels.
Signals are produced only when multiple conditions agree, reducing noise and improving reliability in fast-moving crypto markets.
Features
Tailored for cryptocurrency trading across major pairs (BTC, ETH, and altcoins).
Works effectively on swing and trend-based timeframes (1H–1D).
Combines trend, momentum, volatility, and price action into a single framework.
Generates clear Buy/Sell markers and integrates with TradingView alerts.
How to Use
Apply to a clean chart for the clearest visualization.
Use Swing Z as a swing trading tool, aligning entries with both trend structure and momentum confirmation.
Combine with your own stop-loss, take-profit, and position sizing rules.
Avoid application on non-standard chart types such as Renko, Heikin Ashi, or Point & Figure, which may distort results.
Disclaimer
Swing Z is designed as a decision-support tool, not financial advice.
All backtesting should use realistic risk, commission, and slippage assumptions.
Past results do not guarantee future performance.
Signals do not repaint but may adjust as new data develops in real-time.
Why Swing Z is original & useful:
Swing Z unifies EMA trend structure, RSI, MACD, TTM Squeeze, VWAP, Fibonacci retracements, and volume analysis into a single algorithmic framework. This multi-confirmation approach improves accuracy by requiring consensus across trend, momentum, volatility, and price action — a design made specifically for the challenges and volatility of cryptocurrency markets.
RSI Value Display (Corner)RSI in the right corner (red when is above 70 and below 30 - Green for the rest)
EMA多空趋势信号The EMA multi-period moving average combination retains the Fibonacci sequence 144 for moving support and resistance. It also integrates 1ATR to facilitate users to set take-profit and stop-loss.
High Minus LowThis indicator is a simple yet powerful tool for technical analysis. It measures the range of each candlestick by calculating the difference between its high and low, providing a direct visualization of market volatility.
Key Features:
Volatility at a Glance: The plot's height in the separate panel directly corresponds to the candle's trading range, allowing you to easily spot periods of high or low volatility.
Customizable Color: Easily change the line color to match your chart's theme and personal preferences.
Actionable Insights: Use this indicator to confirm periods of market consolidation before a breakout or to gauge the strength of a trend based on the expansion of candle ranges.
VWAP Confluência 3x VWAP Confluence 3x — Daily · Weekly · Anchored
Purpose
A pragmatic VWAP suite for execution and risk management. It plots three institutional reference lines: Daily VWAP, Weekly VWAP, and an Anchored VWAP (AVWAP) starting from a user-defined event (news, earnings, session open, swing high/low).
Why it matters
VWAP is the market’s “fair price” weighted by where volume actually traded. Confluence across timeframes and events turns noisy charts into actionable bias and clean levels.
What it does
Daily VWAP — resets each trading day; intraday “fair value.”
Weekly VWAP — resets each week; swing context and larger player defense.
Anchored VWAP — starts at a precise timestamp you set (e.g., news release).
Price source toggle — Typical Price
(
𝐻
+
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+
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)
/
3
(H+L+C)/3 or Close.
Visibility switches — enable/disable each line independently.
Anchor marker — labels the first bar of the AVWAP.
Inputs
Show Daily VWAP (on/off)
Show Weekly VWAP (on/off)
Show Anchored VWAP (on/off)
Price Source: Typical (H+L+C)/3 or Close
Anchor Time: timestamp of your event (uses the chart/exchange timezone)
How to anchor to a news event
Find the exact release time as shown in your chart’s timezone.
Open the indicator settings → set Anchor Time to that minute.
The AVWAP begins at that bar and accumulates forward.
Playbook (examples, not signals)
Strong long bias: price above Daily and Weekly VWAP; AVWAP reclaimed after news.
Strong short bias: price below Daily and Weekly; AVWAP reject after news.
Mean-revert zones: price stretches far from the active VWAPs and snaps back; size around VWAP with tight risk.
Targets: opposite VWAP, prior day/week highs/lows, or liquidity pools near AVWAP.
Best used with
Session highs/lows, liquidity sweeps, volume profile, and time-of-day filters.
Notes & limitations
Works best on markets with reliable volume (equities, futures, liquid crypto). FX spot uses synthetic volume—interpret accordingly.
Anchor Time respects the chart’s timezone. Convert news times before setting.
This is an indicator, not a backtestable strategy. No trade advice.
Disclaimer
For educational purposes only. Trading involves risk. Do your own research and manage risk responsibly.
Confluence StackPlease read the instructions below. The code was mostly written using AI so may contain errors. Happy trading all and good luck. ATB Richard
INTENDED USE
This indicator is designed for technical traders who want to move beyond simple buy/sell signals and gain a deeper understanding of the underlying market dynamics. It is ideal for trend followers, swing traders, and anyone looking to confirm the quality of a trend.
WHO IS THIS FOR?
Traders who want to differentiate between strong, sustainable trends and weak, unreliable moves.
Analysts looking to identify high-conviction setups backed by multiple factors (e.g., momentum confirmed by volume).
Discretionary traders who need a quick, visual tool to gauge market sentiment and avoid choppy conditions.
WHY USE IT?
Traditional indicators often give conflicting signals. The Confluence Stack solves this by aggregating multiple perspectives into one clear visual. It helps you answer not just "Is the market going up?" but "WHY is it going up, and how strong is the conviction?". This allows for more informed decision-making and helps filter out low-probability trades.
DISCLAIMER AND LICENSE
This script is for educational purposes only and is not a recommendation to buy or sell any financial instrument. All trading and investment decisions are the sole responsibility of the user. Trading involves significant risk.
This source code is subject to the terms of the Mozilla Public License 2.0 at www.mozilla.org
HOW TO USE THIS INDICATOR
This indicator is designed to show the 'character' of a market move by grouping signals into distinct categories. Instead of seeing many individual signals, you see the strength of the underlying forces driving the price.
1. READ THE HEIGHT (Strength of Confluence)
The total height of the stack shows the strength of agreement. A tall stack means many signals are aligned, indicating a high-conviction move. A short stack means weak agreement and a choppy, indecisive market.
2. READ THE COLOR (Character of the Move)
The colors tell you WHY the market is moving.
BLUE (Momentum): A stack of mostly blue shades indicates a trend driven by pure momentum. This is the 'speed' of the market.
RSI (Relative Strength Index): Measures the magnitude of recent price gains versus losses. A smooth measure of trend strength.
Stochastic Oscillator: Measures the current closing price's position within the recent high-low range. More sensitive to immediate price action.
CCI (Commodity Channel Index): Measures the price's deviation from its moving average. Excels at identifying cyclical turns.
MACD (Moving Average Convergence Divergence): A trend-following momentum indicator showing the relationship between two moving averages. Excellent for identifying the start and end of trends.
YELLOW (Volume): The appearance of yellow shades confirms the move is supported by high market participation. This is the 'fuel' for the trend.
Volume Ratio: A custom signal that triggers when buy or sell volume is unusually high compared to its recent average.
CRV (Candle Range Volume): A custom signal that looks for candles with significant price range and volume.
OBV (On-Balance Volume): A cumulative indicator that adds volume on up days and subtracts it on down days. It shows the long-term flow of money.
FUCHSIA (Volatility): A fuchsia block signals a volatility breakout. This adds a sense of urgency and confirms the price is moving with exceptional force.
Bollinger Bands: A signal triggers when the price closes outside of the upper or lower standard deviation bands.
ORANGE (Price Action): An orange block is a pure price structure signal. It's a raw statement of intent from the market.
Price Gap: A signal that triggers when there's a gap up or gap down between candles.
3. READ THE TRANSITION (Shift in Sentiment)
The most important signal from the stacks is the flip from one side of the zero line to the other.
Flipping from Negative to Positive: A bearish stack disappears and is replaced by a bullish stack. This indicates market sentiment is shifting from bearish to bullish.
Flipping from Positive to Negative: A bullish stack disappears and is replaced by a bearish stack. This warns of a potential top or the start of a new downtrend.
4. FILTER FOR NOISE (Plot Threshold)
In choppy markets, the stack can flicker with low signal counts (e.g., +1 or -1). To focus only on high-conviction moves, go to the indicator settings and increase the "Plot Threshold". A setting of 2 or 3 will hide all stacks that don't have at least 2 or 3 agreeing signals, effectively filtering out market noise and keeping your chart clean.
5. CUSTOMIZE YOUR SIGNALS (Enable/Disable)
This indicator is fully customizable. In the settings, you can enable or disable each of the 9 indicators individually. For example, if you are a pure momentum trader, you could disable all Volume, Volatility, and Price Action signals to focus only on the blue stacks. Tailor it to fit your specific trading style.
EXAMPLE INTERPRETATIONS
Strong, Confirmed Trend: A tall stack of mostly blue (Momentum) and yellow (Volume) indicates a high-quality trend backed by both speed and market participation.
Momentum-Only Trend: A tall stack of only blue is a strong momentum move, but the lack of yellow (Volume) is a warning that the move may lack the "fuel" to be sustained.
Choppy/Indecisive Market: A short, mixed-color stack flickering around the zero line means the market is choppy with no clear conviction. It's often best to stay out.
Volatility Breakout: A new stack that appears suddenly with a fuchsia (Bollinger Bands) block on its first bar suggests a volatility-driven breakout is initiating.
Exhaustion Move: An orange (Price Gap) block appearing at the peak of a tall, long-standing stack can signal an exhaustion gap, potentially marking the end of the trend.
Weakening Conviction (Divergence): If price makes a new high but the positive stack is visibly shorter than the stack at the previous price high, it suggests underlying conviction is weakening.
Dual Channel System [Alpha Extract]A sophisticated trend-following and reversal detection system that constructs dynamic support and resistance channels using volatility-adjusted ATR calculations and EMA smoothing for optimal market structure analysis. Utilizing advanced dual-zone methodology with step-like boundary evolution, this indicator delivers institutional-grade channel analysis that adapts to varying volatility conditions while providing high-probability entry and exit signals through breakthrough and rejection detection with comprehensive visual mapping and alert integration.
🔶 Advanced Channel Construction
Implements dual-zone architecture using recent price extremes as foundation points, applying EMA smoothing to reduce noise and ATR multipliers for volatility-responsive channel widths. The system creates resistance channels from highest highs and support channels from lowest lows with asymmetric multiplier ratios for optimal market reaction zones.
// Core Channel Calculation Framework
ATR = ta.atr(14)
// Resistance Channel Construction
Resistance_Basis = ta.ema(ta.highest(high, lookback), lookback)
Resistance_Upper = Resistance_Basis + (ATR * resistance_mult)
Resistance_Lower = Resistance_Basis - (ATR * resistance_mult * 0.3)
// Support Channel Construction
Support_Basis = ta.ema(ta.lowest(low, lookback), lookback)
Support_Upper = Support_Basis + (ATR * support_mult * 0.4)
Support_Lower = Support_Basis - (ATR * support_mult)
// Smoothing Application
Smoothed_Resistance_Upper = ta.ema(Resistance_Upper, smooth_periods)
Smoothed_Support_Lower = ta.ema(Support_Lower, smooth_periods)
🔶 Volatility-Adaptive Zone Framework
Features dynamic ATR-based width adjustment that expands channels during high-volatility periods and contracts during consolidation phases, preventing false signals while maintaining sensitivity to genuine breakouts. The asymmetric multiplier system optimizes zone boundaries for realistic market behavior patterns.
// Dynamic Volatility Adjustment
Channel_Width_Resistance = ATR * resistance_mult
Channel_Width_Support = ATR * support_mult
// Asymmetric Zone Optimization
Resistance_Zone = Resistance_Basis ± (ATR_Multiplied * )
Support_Zone = Support_Basis ± (ATR_Multiplied * )
🔶 Step-Like Boundary Evolution
Creates horizontal step boundaries that update on smoothed bound changes, providing visual history of evolving support and resistance levels with performance-optimized array management limited to 50 historical levels for clean chart presentation and efficient processing.
🔶 Comprehensive Signal Detection
Generates break and bounce signals through sophisticated crossover analysis, monitoring price interaction with smoothed channel boundaries for high-probability entry and exit identification. The system distinguishes between breakthrough continuation and rejection reversal patterns with precision timing.
🔶 Enhanced Visual Architecture
Provides translucent zone fills with gradient intensity scaling, step-like historical boundaries, and dynamic background highlighting that activates upon zone entry. The visual system uses institutional color coding with red resistance zones and green support zones for intuitive
market structure interpretation.
🔶 Intelligent Zone Management
Implements automatic zone relevance filtering, displaying channels only when price proximity warrants analysis attention. The system maintains optimal performance through smart array management and historical level tracking with configurable lookback periods for various market conditions.
🔶 Multi-Dimensional Analysis Framework
Combines trend continuation analysis through breakthrough patterns with reversal detection via rejection signals, providing comprehensive market structure assessment suitable for both trending and ranging market conditions with volatility-normalized accuracy.
🔶 Advanced Alert Integration
Features comprehensive notification system covering breakouts, breakdowns, rejections, and bounces with customizable alert conditions. The system enables precise position management through real-time notifications of critical channel interaction events and zone boundary violations.
🔶 Performance Optimization
Utilizes efficient EMA smoothing algorithms with configurable periods for noise reduction while maintaining responsiveness to genuine market structure changes. The system includes automatic historical level cleanup and performance-optimized visual rendering for smooth operation across all timeframes.
Why Choose Dual Channel System ?
This indicator delivers sophisticated channel-based market analysis through volatility-adaptive ATR calculations and intelligent zone construction methodology. By combining dynamic support and resistance detection with advanced signal generation and comprehensive visual mapping, it provides institutional-grade channel analysis suitable for cryptocurrency, forex, and equity markets. The system's ability to adapt to varying volatility conditions while maintaining signal accuracy makes it essential for traders seeking systematic approaches to breakout trading, zone reversals, and trend continuation analysis with clearly defined risk parameters and comprehensive alert integration. Also to note, this indicator is best suited for the 1D timeframe.
IST 4H Candle Boxes (5m)highlights forex 4h session in IST. Works for scalping with 4h bias.
highlights forex 4h session in IST. Works for scalping with 4h bias.
highlights forex 4h session in IST. Works for scalping with 4h bias.
highlights forex 4h session in IST. Works for scalping with 4h bias.
OSOK KatxumotoThe OSOK Dynamic Box Enhanced is designed for scalpers and traders using the OSOK (One Shot, One Kill) method on futures like the NQ.
Features include:
A midline that dynamically follows the current price in real-time.
Upper (LS) and lower (LI) protection lines at configurable distances from the current price, representing stop or protection levels.
Target lines offset from LS and LI according to your risk/reward strategy, also fully configurable.
Customizable colors and thickness for all lines, allowing you to adapt the visualization to your trading style.
All lines automatically extend to the right from the current price, keeping the chart clean without accumulating old lines.
This indicator helps traders quickly visualize key levels, manage risk, and set objectives efficiently—perfect for scalping and high-precision setups.
Configurable parameters:
Protection distance (LS/LI) in points
Target distance from LS/LI in points
Line colors and thickness
Line extension to the right
Futures Rotation Strategy - Overlay (Tables & Signals)This strategy focuses on the laggards and leaders of the market indices and does some weird stuff and determines which to long or short.
Crypto Breakout Buy/Sell Sequence
⚙️ Components & Sequence Multiple Timeframe (What It Does)
1. Bollinger Bands – Form the foundation by measuring volatility and creating the dynamic range where squeezes and breakouts occur.
2. Squeeze Dots – Show when price compresses inside the bands, signaling reduced volatility before expansion.
3. Breakout Event (Brk Dot) – Fires when price expands beyond the squeeze zone, confirming volatility expansion. (This paints Intra, before candle close)
4. Buy Signal – Confirms entry after a breakout is validated. (This paints at candle close)
5. Pump Signal – Flags sudden surges that extend sharply from the bands, often linked to strong inflows.
6. Momentum Stream – Tracks the strength of movement following the breakout, from continuation (🟢) to slowing (🟡) to exhaustion (🔴). (Resets at Pump Signal)
7. Overbought Indicator – Confirms when momentum has reached overheated conditions, often aligning with band extremes.
8. Sell Signal – Prints when exhaustion/reversal conditions are met, closing the trade cycle.
The Crypto Breakout Buy/Sell Sequence is a no-repaint event indicator that maps a full trade cycle using Bollinger-band-based volatility states: Bollinger Bands → Squeeze → Breakout → Buy → Pump → Momentum → Top Test → Overbought → Sell. Each stage is rule-based and designed to be read on standard candlesticks.
How It Works (System Logic)
Volatility framework: Bollinger Bands define dynamic range and compression/expansion.
Initiation: Squeeze → Breakout confirms expansion; Buy validates participation after expansion begins.
Management: Pump highlights unusual acceleration; Momentum stream tracks continuation → slowing → exhaustion.
Exhaustion/Exit: Top Testing + Overbought build the exhaustion case; Sell marks the sequence end.
How To Use (Quick Guide)
Wait for Squeeze → Breakout → Buy to establish a structured start.
Manage with Momentum:
🟢 continuation, 🟡 slowing, 🔴 exhaustion pressure.
Monitor extremes: Top Testing and/or Overbought = tighten risk.
Exit on Sell or on your risk rules when exhaustion builds.
Limitations & Good Practice
Signals reflect price/volatility behavior, not certainty.
Strong trends can remain extended; Overbought/Top Test ≠ instant reversal.
Always confirm with your own risk rules, position sizing, and market context.
Initial public release: integrated Squeeze/Breakout/Buy → Momentum → Exhaustion → Sell cycle; improved label clarity; cleaned defaults.
Disclaimer
For educational purposes only. Not financial advice. Past performance does not guarantee future results. Test before live use.
Thank You
Scalping, Swing Pro: Urban Towers + Bollinger(0.5)+ WMA by KidevThis indicator combines narrow Bollinger Bands (σ = 0.5) with a Weighted Moving Average (WMA-96) to provide traders with a reliable framework for identifying both short-term scalps and medium-term swing setups.
Bollinger Bands (0.5σ):
Traditional Bollinger Bands at 2σ cover ~95% of price movement, while 0.5σ bands narrow the focus to ~50% of price activity. This tighter structure makes them ideal for detecting volatility contractions, consolidations, and early breakout signals.
WMA-96 as Trend Reference:
The 96-period WMA acts as a slower, more stable directional guide. Unlike shorter WMAs, this longer setting filters noise and serves as a reference line for the dominant trend. Traders can use it as an anchor for intraday or swing positions.
Scalping & Swing Benefits:
Price holding above the WMA-96 while staying near the upper 0.5σ band often signals strength.
Contractions (squeezes) in the 0.5σ band followed by expansion frequently mark breakout zones.
Pullbacks toward the WMA-96 combined with band signals can act as re-entry or risk-defined trade areas.
This script provides a balanced view of momentum and stability — the 0.5σ bands reveal short-term volatility shifts, while the WMA-96 grounds the trader in the prevailing trend.
