CQ_Fibonacci IntraDay Range [UL]THIS INDICATOR IS MEMBER OF A SET OF 3 INDICATORS:
1. CQ_Fibonacci intraday Range (This one)
2. CQ_Fibonacci intraweek Range
3. CQ_Fibonacci Intramonth Range
If you are using my CQ_MTF Target Price Lines indicator, this indicator is automatically loaded along with it.
The Fibonacci Period Range Indicator is a powerful trading tool designed to draw levels of support and resistance based on key Fibonacci levels. This script identifies the high and low of a user-specified range and then draws several levels of support and resistance within this range. Additionally, it can draw extension levels outside the specified range, which are also based on Fibonacci levels. These extension levels can be turned off in the indicator settings. Each level is labeled to help traders understand what each line represents, and these labels can also be turned off in the settings.
The purpose of this script is to simplify the trading experience by allowing users to customize the time period that is identified and then draw levels of support and resistance based on the price action during this time.
Usage
In the indicator settings, users have access to a setting called Session Range, which allows them to control the range that will be used. The script will then identify the high and low of the specified range and draw several levels of support and resistance based on Fibonacci levels within this range. Users can also choose to display extension levels that show more levels outside the range. These lines will extend until the end of the current trading day at 5:00 pm EST.
Settings
Configuration
• Display Mode: Determines the number of days that will be displayed by the script.
• Show Labels: Determines whether or not identifying labels will be displayed on each line.
• Font Size: Determines the text size of labels.
• Label Position: Determines the justification of labels.
• Extension Levels: Determines whether or not extension levels will be drawn outside the high and low of the specified range.
Session
• Session Range: Determines the time period that will be used for calculations.
• Offset (+/-): Determines how many hours the session should be offset by.
Educational
CQ_Fibonacci IntraMonth Range [UL]THIS INDICATOR IS MEMBER OF A SET OF 3 INDICATORS:
1. CQ_Fibonacci intraday Range
2. CQ_Fibonacci intraweek Range
3. CQ_Fibonacci Intramonth Range (This One)
If you are using my CQ_MTF Target Price Lines indicator, this indicator is automatically loaded along with it.
The Fibonacci Period Range Indicator is a powerful trading tool designed to draw levels of support and resistance based on key Fibonacci levels. This script identifies the high and low of a user-specified range and then draws several levels of support and resistance within this range. Additionally, it can draw extension levels outside the specified range, which are also based on Fibonacci levels. These extension levels can be turned off in the indicator settings. Each level is labeled to help traders understand what each line represents, and these labels can also be turned off in the settings.
The purpose of this script is to simplify the trading experience by allowing users to customize the time period that is identified and then draw levels of support and resistance based on the price action during this time.
Usage
In the indicator settings, users have access to a setting called Session Range, which allows them to control the range that will be used. The script will then identify the high and low of the specified range and draw several levels of support and resistance based on Fibonacci levels within this range. Users can also choose to display extension levels that show more levels outside the range. These lines will extend until the end of the current trading day at 5:00 pm EST.
Settings
Configuration
• Display Mode: Determines the number of days that will be displayed by the script.
• Show Labels: Determines whether or not identifying labels will be displayed on each line.
• Font Size: Determines the text size of labels.
• Label Position: Determines the justification of labels.
• Extension Levels: Determines whether or not extension levels will be drawn outside the high and low of the specified range.
Session
• Session Range: Determines the time period that will be used for calculations.
• Offset (+/-): Determines how many hours the session should be offset by.
Parametric Multiplier Backtester🧪 An experimental educational tool for visual market analysis and idea testing through the multiplication and interaction of core technical parameters. It allows you to observe in real time how the combination of indicators affects the resulting curve and the potential efficiency of trading strategies.
📖 Detailed Description
1. Philosophy & Purpose of the Tool
This backtester is not created to search for the “Holy Grail,” but for deep learning and analysis. It is intended for:
👶 Beginner traders – to visually understand how basic indicators work and interact with each other.
🧠 Experienced analysts – to search for new ideas and non-obvious relationships between different aspects of the market (trend, volatility, momentum, volume).
The core idea is combining parameters through multiplication.
👉 Why multiplication? Unlike simple addition, multiplication strengthens signals only when several factors align in the same direction. If at least one parameter shows weakness (close to zero in normalized form), it suppresses the overall result, serving as a filter for false signals.
2. How does it work?
Step 1: Parameter Selection
The tool gathers data from 9 popular indicators: 📈 Price, RSI, ADX, Momentum, ROC, ATR, Volume, Acceleration, Slope.
Step 2: Normalization
Since these indicators differ in nature and scale (e.g., RSI from 0–100 vs ATR in points), they are brought to a unified range. Each parameter is normalized within a given period (Normalization Period). This is the key step for proper functioning.
Step 3: Multiplication
The parameters enabled by the user are multiplied, creating a new derived value — Product Line. This line is an aggregated reflection of the selected market model.
Step 4: Smoothing
The resulting line can be noisy. The Smooth Product Line function (via SMA) reduces noise and highlights the main trend.
Step 5: Interpretation
The smoothed Product Line is compared with its own moving average (Mean Line). Crossovers generate trading signals.
3. What conclusions can be drawn from multiplying parameters?
⚡ RSI × Momentum × Volume – Strength of momentum confirmed by volume. High values may indicate strong, volume-backed moves.
📊 ADX × ATR – Strength of trend and its volatility. High values may signal the beginning of a strong trending move with high volatility.
🚀 Price × Slope × Acceleration – Combined speed and acceleration of the trend. Shows not only where price is going, but with what acceleration.
❌ Disabling parameters – By turning parameters on/off (e.g., Volume), you can instantly see how important each factor is for the current market situation.
4. Real-Time Mode & Instant Feedback
The main educational value of this tool is interactivity:
🔄 Turn indicators on/off in real time.
⏱ Change their periods and instantly observe how the Product Line shape and behavior changes.
📉 Immediately see how these changes affect historical trading signals (blue/red arrows) and strategy performance metrics (Profit Factor, Net Profit, etc.).
This process develops “market intuition” and helps understand which settings work better under different conditions (trend vs range).
5. Default Settings & Recommendations
⚙️ Default settings are optimized for demonstration on the 4H timeframe of the SOLUSDT crypto pair.
Parameter Settings: Switch group (Use RSI, Use ADX, etc.).
Normalization Period (20): Lower = more sensitive, Higher = smoother.
Smooth Product Line (true): Enabled by default for clarity.
Smoothing Period (200): Main sensitivity setting.
Trend Filter: Optional 200-SMA filter. Strategy trades only in the main trend direction.
⚠️ Important Warning: This is an experimental & educational tool. The signals it generates are the result of a mathematical model and are not a ready-to-use trading strategy. Always backtest ideas and apply risk management before risking real money.
CQ_Fibonacci IntraWeek Range [UL]THIS INDICATOR IS MEMBER OF A SET OF 3 INDICATORS:
1. CQ_Fibonacci intraday Range
2. CQ_Fibonacci intraweek Range (This One)
3. CQ_Fibonacci Intramonth Range
If you are using my CQ_MTF Target Price Lines indicator, this indicator is automatically loaded along with it.
The Fibonacci Period Range Indicator is a powerful trading tool designed to draw levels of support and resistance based on key Fibonacci levels. This script identifies the high and low of a user-specified range and then draws several levels of support and resistance within this range. Additionally, it can draw extension levels outside the specified range, which are also based on Fibonacci levels. These extension levels can be turned off in the indicator settings. Each level is labeled to help traders understand what each line represents, and these labels can also be turned off in the settings.
The purpose of this script is to simplify the trading experience by allowing users to customize the time period that is identified and then draw levels of support and resistance based on the price action during this time.
Usage
In the indicator settings, users have access to a setting called Session Range, which allows them to control the range that will be used. The script will then identify the high and low of the specified range and draw several levels of support and resistance based on Fibonacci levels within this range. Users can also choose to display extension levels that show more levels outside the range. These lines will extend until the end of the current trading day at 5:00 pm EST.
Settings
Configuration
• Display Mode: Determines the number of days that will be displayed by the script.
• Show Labels: Determines whether or not identifying labels will be displayed on each line.
• Font Size: Determines the text size of labels.
• Label Position: Determines the justification of labels.
• Extension Levels: Determines whether or not extension levels will be drawn outside the high and low of the specified range.
Session
• Session Range: Determines the time period that will be used for calculations.
• Offset (+/-): Determines how many hours the session should be offset by.
Whale Money Flow DetectorKey Components:
Volume Analysis: Detects unusual volume spikes compared to average
Money Flow Index: Shows buying vs selling pressure
Whale Detection: Identifies large moves with high volume
Cumulative Flow: Tracks net whale activity over time
Visual Signals: Background colors and whale emoji labels
What it detects:
Large volume transactions (configurable multiplier)
Significant price moves with corresponding volume
Buying vs selling pressure from large players
Cumulative whale flow momentum
Customizable Parameters:
Volume MA Length (default: 20)
Whale Volume Multiplier (default: 2.0x)
Money Flow Length (default: 14)
Detection Sensitivity (default: 1.5)
Visual Features:
Green background for whale buying
Red background for whale selling
Whale emoji labels on significant moves
Real-time stats table
Multiple plot lines for different metrics
How to use:
Copy the code to TradingView's Pine Editor
Apply to your chart
Adjust sensitivity settings based on your asset's behavior
Set up alerts for whale buy/sell signals
Interval — full-screen verticals + H/L + metrics (robust v6)Specify the start date of the analysis and the end date of the analysis, after which 2 vertical lines will appear, the extremes in this period will be marked, and the percentage of deviations will be shown. Next, you can switch assets and see how they behave over the same time interval.
Simple Technicals Table📊 Simple Technicals Table
🎯 A comprehensive technical analysis dashboard displaying key pivot points and moving averages across multiple timeframes
📋 OVERVIEW
The Simple Technicals Table is a powerful indicator that organizes essential trading data into a clean, customizable table format. It combines Fibonacci-based pivot points with critical moving averages for both daily and weekly timeframes, giving traders instant access to key support/resistance levels and trend information.
Perfect for:
Technical analysts studying multi-timeframe data
Chart readers needing quick reference levels
Market researchers analyzing price patterns
Educational purposes and data visualization
🚀 KEY FEATURES
📊 Dual Timeframe Analysis
Daily (D1) and Weekly (W1) data side-by-side
Real-time updates as market conditions change
Seamless comparison between timeframes
🎯 Fibonacci Pivot Points
R3, R2, R1 : Resistance levels using Fibonacci ratios (38.2%, 61.8%, 100%)
PP : Central pivot point from previous period's data
S1, S2, S3 : Support levels with same methodology
📈 Complete EMA Suite
EMA 10 : Short-term trend identification
EMA 20 : Popular swing trading reference
EMA 50 : Medium-term trend confirmation
EMA 100 : Institutional support/resistance
EMA 200 : Long-term trend determination
📊 Essential Indicators
RSI 14 : Momentum for overbought/oversold conditions
ATR 14 : Volatility measurement for risk management
🎨 Full Customization
9 table positions : Place anywhere on your chart
5 text sizes : Tiny to huge for optimal visibility
Custom colors : Background, headers, and text
Optional pivot lines : Visual weekly levels on chart
⚙️ HOW IT WORKS
Fibonacci Pivot Calculation:
Pivot Point (PP) = (High + Low + Close) / 3
Range = High - Low
Resistance Levels:
R1 = PP + (Range × 0.382)
R2 = PP + (Range × 0.618)
R3 = PP + (Range × 1.000)
Support Levels:
S1 = PP - (Range × 0.382)
S2 = PP - (Range × 0.618)
S3 = PP - (Range × 1.000)
Smart Price Formatting:
< $1: 5 decimal places (crypto-friendly)
$1-$10: 4 decimal places
$10-$100: 3 decimal places
> $100: 2 decimal places
📊 TECHNICAL ANALYSIS APPLICATIONS
⚠️ EDUCATIONAL PURPOSE ONLY
This indicator is designed solely for technical analysis and educational purposes . It provides data visualization to help understand market structure and price relationships.
📈 Data Analysis Uses
Support & Resistance Identification : Visualize Fibonacci-based pivot levels
Trend Analysis : Study EMA relationships and price positioning
Multi-Timeframe Study : Compare daily and weekly technical data
Market Structure : Understand key technical levels and indicators
📚 Educational Benefits
Learn about Fibonacci pivot point calculations
Understand moving average relationships
Study RSI and ATR indicator values
Practice multi-timeframe technical analysis
🔍 Data Visualization Features
Organized table format for easy data reading
Color-coded levels for quick identification
Real-time technical indicator values
Historical data integrity maintained
🛠️ SETUP GUIDE
1. Installation
Search "Simple Technicals Table" in indicators
Add to chart (appears in middle-left by default)
Table displays automatically on any timeframe
2. Customization
Table Position : Choose from 9 locations
Text Size : Adjust for screen resolution
Colors : Match your chart theme
Pivot Lines : Toggle weekly level visualization
3. Optimization Tips
Use larger text on mobile devices
Dark backgrounds work well with light text
Enable pivot lines for visual reference
✅ BEST PRACTICES
Recommended Usage:
Use for technical analysis and educational study only
Combine with other analytical methods for comprehensive analysis
Study multi-timeframe data relationships
Practice understanding technical indicator values
Important Notes:
Levels based on previous period's data
Most effective in trending markets
No repainting - uses confirmed data only
Works on all instruments and timeframes
🔧 TECHNICAL SPECS
Performance:
Pine Script v5 optimized code
Minimal CPU/memory usage
Real-time data updates
No lookahead bias
Compatibility:
All chart types (Candlestick, Bar, Line)
Any instrument (Stocks, Forex, Crypto, etc.)
All timeframes supported
Mobile and desktop friendly
Data Accuracy:
Precise floating-point calculations
Historical data integrity maintained
No future data leakage
📱 DEVICE SUPPORT
✅ Desktop browsers (Chrome, Firefox, Safari, Edge)
✅ TradingView mobile app (iOS/Android)
✅ TradingView desktop application
✅ Light and dark themes
✅ All screen resolutions
📋 VERSION INFO
Version 1.0 - Initial Release
Fibonacci-based pivot calculations
Dual timeframe support (Daily/Weekly)
Complete EMA suite (10, 20, 50, 100, 200)
RSI and ATR indicators
Fully customizable interface
Optional pivot line visualization
Smart price formatting
Mobile-optimized display
⚠️ DISCLAIMER
This indicator is designed for technical analysis, educational and informational purposes ONLY . It provides data visualization and technical calculations to help users understand market structure and price relationships.
⚠️ NOT FOR TRADING DECISIONS
This tool does NOT provide trading signals or investment advice
All data is for analytical and educational purposes only
Users should not base trading decisions solely on this indicator
Always conduct thorough research and analysis before making any financial decisions
📚 Educational Use Only
Use for learning technical analysis concepts
Study market data and indicator relationships
Practice chart reading and data interpretation
Understand mathematical calculations behind technical indicators
The Simple Technicals Table provides technical data visualization to assist in market analysis education. It does not constitute financial advice, trading recommendations, or investment guidance. Users are solely responsible for their own research and decisions.
Author: ToTrieu
Version: 1.0
Category: Technical Analysis / Support & Resistance
License: Open source for educational use
💬 Questions? Comments? Feel free to reach out!
MEMEC - Meme Coin Market Cap [Da_Prof]For this indicator, the meme coin market cap of the top meme coins are added together to get an estimate of the total meme coin market cap back to the first meme coin, DOGE. Meme.C does this natively on TradingView, but its data only goes back to 19 May 2025. For the indicator, MEME.C supersedes the addition of all the individual meme coins (i.e., from 19 May 2025 to present). The start of MEME.C is labeled on the chart by default, but can be removed by deselecting the label in the settings.
After the creation of DOGE, but before data is available for Meme.C, the highest market cap meme coins are added together to estimate the meme coin market cap. The meme coins used by default are DOGE, SHIB, PEPE, BONK, FLOKI, PENGU, TRUMP, SPX6900, FARTCOIN, WIF, M, BRETT, B, MOG, APE, TURBO, DOG, and POPCAT. Users can select if they wish to disregard any or all of these coins. As of the creation of the indicator, DOGE, SHIB, and PEPE have CRYPTOCAP symbols on TradingView. Therefore, the true market cap of these coins is integrated into this indicator. The other meme coin market caps are estimated using price and the circulating supply as of 09/16/2025. I make no claims as to the indicator's exact accuracy. In fact, it isn't exactly accurate since I utilized the circulating supply on the day it was created, so for meme coins that have a changing supply, the market cap will be at least slightly inaccurate. Use this indicator at your own risk.
To use the indicator, it is best to plot overlayed on the CRYPTOCAP:DOGE chart. You can decide whether or not to hide the DOGE market cap.
Sero📌 sero Indicator – Guide & Explanation
What the Indicator Does
The sero Indicator is a custom oscillator designed to identify market momentum shifts between bullish (pump) and bearish (dump) phases. It works by normalizing price action using a range calculation, then smoothing it with an EMA. The resulting line (sero value) oscillates on a scale around 0 to 100, giving clear visual cues about momentum strength.
Key concepts inside the code:
c0 → The average price for each bar (High + Low + Close ÷ 3).
a1 & a2 → The 15-bar highest and lowest values of this average price.
a3 → The range (difference between high and low).
sero → A smoothed (EMA-based) normalized oscillator that fluctuates with momentum strength.
The indicator then highlights pumps (upward momentum) and dumps (downward momentum ) with color-coded line breaks.
How It Looks on Chart
When loaded, you’ll see:
A yellow oscillator line (sero) moving up and down.
Red segments on the line → mark slow or strong pumps (bullish momentum).
Green segments on the line → mark slow or strong dumps (bearish momentum).
These color changes act as momentum confirmation signals.
Signals & Interpretation
sero Line (Yellow)
The main oscillator line.
Higher readings = strong bullish momentum.
Lower readings = strong bearish momentum.
Red Segments (Pump Detection)
Appear when sero rises above its previous value.
Thicker Red Line = Stronger pump (sero > 20).
Suggests upward price acceleration.
Green Segments (Dump Detection)
Appear when sero falls below its previous value.
Thicker Green Line = Stronger dump (sero < 20).
Suggests downward price acceleration.
How to Use the sero Indicator
✅ Trend Confirmation
Use sero alongside your main chart to confirm trend direction.
Sustained red (pump) signals = bullish phase.
Sustained green (dump) signals = bearish phase.
✅ Momentum Shifts
Watch for changes in color (from green → red or red → green). These flips may indicate a potential reversal or acceleration in trend.
✅ Threshold Levels (20 level)
The code emphasizes the 20 threshold:
Pump signals above 20 → more reliable bullish confirmation.
Dump signals below 20 → stronger bearish conviction.
✅ Entry & Exit Support
Enter long trades when yellow line rises and red pump segments form.
Enter short trades when yellow line falls and green dump segments form.
Consider exits when momentum color weakens or flips direction.
Best Practices
Always combine with price action, support/resistance, or volume analysis.
Works best on shorter timeframes (intraday scalping/day trading).
Avoid relying on a single pump/dump signal – wait for consistency across multiple bars.
Summary
The sero Indicator is a momentum oscillator that visually highlights bullish and bearish momentum using dynamic color changes. Traders can use it to spot pumps, dumps, and trend shifts more easily than with traditional oscillators.
I welcome your feedback on this analysis/minds/indicator, as it will inform and enhance my future work.
Regards,
Shunya.Trade
world wide web shunya dot trade
Fibonacci Retracement Levels📘 User Guide & Detailed Explanation
📌 Overview
This indicator automatically plots Fibonacci retracement levels on your chart based on the highest high and lowest low within a chosen lookback period. It helps traders quickly identify potential support and resistance zones derived from Fibonacci ratios.
Unlike manual Fibonacci drawing tools, this script continuously updates the levels as new candles form, saving time and ensuring consistency.
⚙️ Inputs & Settings
Show Fibonacci Retracement (true/false)
Toggle the Fibonacci levels on or off.
Fib Lookback Range (bars)
Defines how many past candles are used to find the swing high and swing low.
Example: If set to 100, the indicator scans the last 100 bars for the highest high and lowest low, then plots the retracement levels between those two points.
Fib Levels to Show
All → Displays all common retracement levels (0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%).
Main only → Displays only the key levels (38.2%, 50%, 61.8%) with thicker lines for emphasis.
None → Hides all Fibonacci levels (useful if you just want to see high/low markers).
📊 What Appears on the Chart
Horizontal Fib Lines:
The retracement levels are drawn across the chart.
38.2% (green), 50% (orange), 61.8% (red) → Main Fibonacci levels that often act as strong support/resistance.
Other levels (0%, 23.6%, 78.6%, 100%) → Optional additional retracements.
Range High Marker (red triangle up):
Marks the highest high within the lookback range.
Range Low Marker (green triangle down):
Marks the lowest low within the lookback range.
🛠 How to Use It
Identify Swing Points Automatically
No need to manually draw retracements. The script automatically picks the highest and lowest points in the selected range.
Trade Reversals & Pullbacks
Buyers often look for price to bounce near 38.2% or 61.8% retracement levels.
Sellers often target retracements during rallies.
Trend Continuation
If price breaks through a level and holds, the next Fibonacci level becomes the next target zone.
Combine with Other Tools
Works best when combined with:
Support/Resistance zones
Candlestick patterns
Trend indicators (EMA, SMA, MACD)
📈 Example Use Cases
In an uptrend, use the indicator to find pullback entries at 38.2%–61.8% retracements.
In a downtrend, watch for rejection at retracement levels as potential continuation signals.
On range-bound markets, Fibonacci levels often line up with key support/resistance.
⚠️ Notes & Limitations
Fibonacci levels are not guaranteed reversal points — they are probability-based support/resistance areas.
The lookback range setting is crucial. Too short = noisy signals, too long = levels may not reflect the most recent swing.
Should always be used with other confirmation tools (volume, trend analysis, candlestick structure).
📝 Credits & License
This script is published as open source for educational and trading purposes.
You are free to use, share, and modify it under TradingView’s open-source script guidelines.
Regards,
Shunya.Trade
world wide web shunya dot trade
Otekura Range Trade Algorithm [Tradebuddies]The Range Trade Algorithm calculates the levels for Monday.
On the chart you will see that the Monday levels will be marked as 1 0 -1.
The M High level calculates Monday's high close and plots it on the screen.
M Low calculates the low close of Monday and plots it on the screen.
The coloured lines on the screen are the points of the range levels formulated with fibonacci values.
The indicator has its own Value table. The prices of the levels are written.
Potential Range breakout targets tell prices at points matching the fibonacci values. These are Take profit or reversal points.
Buy and Sell indicators are determined by the range breakout.
Users can set an alarm on the indicator and receive direct notification with their targets when a new range occurs.
Fib values are multiplied by range values and create an average target according to the price situation. These values represent an area. Breakdown targets show that the target is targeted until the area.
SMT Divergences Dual Lookback - MoonTradesThis Pine Script, titled "SMT Divergences Dual Lookback", is designed to detect and visualize divergences between two comparison symbols (symbols A and B) using two different lookback periods. The script specifically identifies bullish and bearish divergences based on pivot highs and lows and marks them on the chart with color-coded labels.
Bullish Divergence (Swing High) is marked when a price swing low diverges from a pivot low, indicating potential upward momentum.
Bearish Divergence (Swing Low) is marked when a price swing high diverges from a pivot high, indicating potential downward momentum.
The script works with two customizable comparison symbols and can also apply a specific timeframe for divergence detection (separate from the chart’s default timeframe). The results are displayed with labels showing the corresponding symbols, helping traders identify potential reversal points or continuation trends.
Users can customize the lookback periods and the colors for the divergence markers. This tool aids in technical analysis for traders who focus on multi-timeframe and multi-symbol divergence strategies.
Candle Sweep Alert - MoonThis Pine Script is designed to detect Bearish Sweep and Bullish Sweep patterns on a TradingView chart and trigger alerts and notifications.
Bearish Sweep occurs when the current candle’s high is higher than the previous high, the close is lower than the open (bearish), and the current low is either lower or higher than the previous low.
Bullish Sweep occurs when the current candle’s low is lower than the previous low, the close is higher than the open (bullish), and the current high is either lower or higher than the previous high.
Alerts and notifications will be triggered when these conditions are met, helping traders monitor market movements automatically.
ColorSMAColorSMA Indicator – Description & Usage Guide
Overview
The ColorSMA indicator is a dynamic trend-following moving average designed to adapt to volatility and provide clearer visual cues for traders. Unlike a standard simple moving average (SMA), this tool applies a volatility filter using a standard deviation channel and then smooths the price before calculating the moving average.
The result is a single line on the chart that changes color depending on its trend direction:
Blue (Uptrend) – The moving average is rising compared to the previous bar.
Red (Downtrend) – The moving average is falling compared to the previous bar.
This visual coloring makes it easier to spot the trend direction at a glance.
How It Works
Baseline SMA
The script first calculates a classic SMA based on the selected Length (default = 9).
This baseline acts as the foundation of the indicator.
Volatility Filter (SD Channel)
A standard deviation multiplier is applied to create an upper and lower channel around the SMA.
If price moves outside this channel, it gets “clamped” back within the channel range.
This reduces noise and prevents false signals in highly volatile conditions.
Smoothed Price (Extra Smooth)
The filtered price is then smoothed with another SMA (default = 3).
This step makes the line cleaner and easier to interpret.
Trend Coloring
If the current smoothed SMA is higher than its previous value → the line is Blue.
If it is lower → the line is Red .
This simple but effective color-coding highlights trend shifts without cluttering the chart.
Inputs & Settings
Source: The price source used in the calculation (default = close).
Length: The SMA period length (default = 9).
Extra Smooth : Additional smoothing for the final line (default = 3). Lower values make it more responsive, higher values make it smoother.
Width (Volatility Filter – SD Channel): The multiplier applied to the standard deviation. Controls how wide the channel is (default = 0.3).
Length (Volatility Filter – SD Channel): The period for calculating standard deviation (default = 1).
What You See on the Chart
A single moving average line that changes color:
Blue (Up) = trend strength or bullish direction.
Red (Down) = trend weakness or bearish direction.
The line itself is already filtered through a volatility channel and smoothing, so it reacts to market conditions while reducing noise.
How to Use It
Trend Identification
Use the color changes (Blue/Red) to quickly identify short-term trend shifts.
Blue phases suggest bullish bias, Red phases suggest bearish bias.
Entry/Exit Guidance
Traders can align entries with the trend color (e.g., buy when it turns Blue, sell/short when it turns Red).
Combine with price action or other indicators for confirmation.
Volatility Filtering
Adjust the Width and SD Length parameters to tune how sensitive the indicator is to price fluctuations. Narrower channels give more signals; wider channels filter out more noise.
Smoothing Control
If you prefer faster reactions, lower the smoothing value.
If you want steadier signals, increase smoothing.
Summary
The ColorSMA is a visually enhanced moving average that adapts to volatility and simplifies trend detection. It is especially useful for traders who prefer:
Clean charts with minimal clutter.
Clear, color-coded signals for trend direction.
Flexibility to adjust responsiveness via smoothing and channel width.
This indicator is best used as a trend confirmation tool or combined with other strategies such as support/resistance, candlestick patterns, or oscillators for robust trade setups.
EMA/SMA Stack Analysis Table (Lite – Current Only)📘 EMA/SMA Stack Analysis Table (Lite – Current Only)
This script is a simplified learning tool designed for novice traders who want to understand how moving averages (MAs) stack up in different market conditions.
The table displays:
Current MA stack (e.g., 9 > 20 > 50 > 100 > 200)
Interpretation (Perfect Bullish, Perfect Bearish, Mixed, etc.)
Risk label (Low, Medium, High)
A novice-friendly “Allowed?” guide with score
✅ YES (Buy on dips / Starter)
⏳ WAIT (no clear edge)
❌ NO (Avoid longs)
Why this matters
A Perfect Bullish stack (9 > 20 > 50 > 100 > 200) suggests a strong uptrend.
A Perfect Bearish stack (200 > 100 > 50 > 20 > 9) indicates a strong downtrend.
Mixed stacks can reflect transitions, pauses, or pullbacks.
The score helps summarize multiple factors into one line for beginners. The full script is too long to publish.
⚠️ Important Warnings
Moving averages lag price. By themselves, they can be misleading and should never be the sole basis for trading.
Always use confirmatory indicators (RSI, volume, price action, support/resistance, etc.) before making decisions.
This script is intended as a learning aid for novices — not a standalone trading system.
I built this primarily to help myself (a beginner) learn how to read trend structure.
Disclaimer
This script is provided as is, for educational purposes only.
It is not financial advice. Please test thoroughly and use at your own risk.
Ultimate📖 Indicator Description – Ultimate
The Ultimate Indicator is a complete charting framework that combines linear regression channels, dynamic deviation bands, EMA ribbons, volatility spreads, and entry/exit markers. It is designed to help traders visualize trend direction, potential reversals, and trade setups with precision.
🔹 What You See on the Chart
Channel Lines (Linear Regression Bands)
Green dotted line (median): Fair value trendline based on regression.
Red dashed line (upper band): Dynamic resistance zone.
Blue dashed line (lower band): Dynamic support zone.
Mid-bands (thin dotted red/blue): Halfway between median and outer bands, useful for scaling entries or partial exits.
🔹 EMA Ribbon (Light Green Shades)
Multiple EMAs (5, 8, 13, 21, 34) plotted in progressively lighter green.
Helps visualize momentum shifts and trend strength.
Ribbon turns more aqua/green when short-term EMAs align bullishly.
🙌Markers on Price
🔴 Red Circle (Dot): Short entry signal (price rejecting upper deviation band).
🔵 Blue Circle (Dot): Long entry signal (price bouncing off lower deviation band).
❌ Red X: Peak formation detected, potential short setup (not always valid).
🔷 Blue Diamond: Trough formation detected, potential long setup (not always valid).
Numbers Above/Below Candles
🔴Red numbers (above peaks): % spread from the bottom to the peak, showing upward volatility.
🔵 Blue numbers (below troughs): % spread from the top to the trough, showing downward volatility.
These values help traders gauge the strength of recent swings and compare volatility expansions.
🔹 Signal Logic🔹
🔵Long Signal (Blue Circle):
Forms when price makes a trough and crosses back above the lower regression band.
Confirms potential upside reversal with stop-loss guided by ATR or swing low.
🔴Short Signal (Red Circle):
Forms when price makes a peak and crosses below the upper regression band.
Confirms potential downside reversal with stop-loss guided by ATR or swing high.
❌ Peaks (Red X):
Indicate local tops. Not all peaks convert into shorts, but they warn of resistance zones.
🔹Troughs (Blue Diamonds):
Indicate local bottoms. Not all troughs convert into longs, but they warn of support zones.
🔹 Alerts
When a valid long or short setup is confirmed, an alert fires with:
Ticker name
Entry price
Suggested position size (Quantity)
Stop loss level (ATR-based or HL-based)
Take profit level (calculated by reward multiple)
🔹 Inputs & Customization
Quantity: Lot size suggestion.
Deviation: Multiplier for regression channel width.
Take Profit: Risk-to-reward multiplier.
Stop Loss: ATR or High/Low based.
Trend Lines: Choose between extended or fixed channels.
Period: Lookback window for regression.
Spread Percentages: Toggle volatility labels on/off.
🔹 How to Use
Trend Following: Ride price inside the channel using EMA ribbon alignment.
Reversal Trading: Enter at deviation extremes with confirmation signals.
Volatility Mapping: Use spread % labels to measure the strength of market swings.
Risk Management: ATR-based stops adapt to volatility, while HL stops give structural support/resistance.
✅ In summary:
The Ultimate Indicator is not just a regression channel—it’s a multi-layered system that highlights trend bias, entry/exit signals, volatility spreads, and adaptive risk levels. It allows traders to see at a glance whether the market is trending, ranging, or preparing for a reversal.
Weighted Sector ADD (sign-weighted)What it is
A true, cap-weighted advances/declines (ADD) proxy for the S&P 500 using sector ETFs. Each sector contributes +1 if it’s up on the bar, −1 if it’s down, 0 if flat. Those signals are then weighted by your sector weights (auto-normalized to 100%) and summed into a single breadth line. The result is a fast, low-noise read of how much of the S&P (by sector weight) is advancing vs. declining right now.
- Tracks participation, not price magnitude—perfect for spotting “broad vs. narrow” moves
- Heavily weighted sectors (e.g., Tech) matter proportionally more, reflecting real index impact
- Simple scale: ~−1 to +1 (all weight down → all weight up)
Chart Elements
- Green/Red Columns – “Weighted ADD”: Current bar’s weighted breadth (sign-based by default)
- Blue Line – “Weighted MA”: SMA of the weighted ADD (regime filter)
- Zero/Guide Lines (optional): 0.0, ±0.2 (mild), ±0.6 (strong)
- Labels (optional): Text markers at those guide levels
- Advancing Weight % (optional): Label showing ((ADD+1)/2)*100 → share of total sector weight advancing
How to Read (Quick Guide)
- +0.60 to +1.00 → Broad, one-sided risk-on (most sector weight advancing)
- +0.20 to +0.60 → Moderate, supportive breadth
- −0.20 to +0.20 → Mixed/choppy; rotation
- −0.60 to −1.00 → Broad, one-sided risk-off
- MA above/below zero → Simple regime indicator; zero-crosses could be potential alert triggers
- Divergence: Strong price move with a weak/flat ADD could potentially warn of narrow participation
Inputs & settings
Calculation
- Use returns instead of up/down sign?
OFF (default): true weighted participation (+1/−1/0)
ON: weighted sector returns (winsor-capped). Use if you want magnitude, not just direction
- Winsor cap (returns mode): Caps per-sector contribution in returns mode (e.g., 0.02 = ±2%)
- Smoothing MA length: SMA period for the blue “Weighted MA” line
- Source timeframe: Compute signals on another TF (e.g., “60”) but plot on your chart TF
Visibility
- Show Weighted ADD (bars): Toggle the green/red columns
- Show Weighted ADD MA: Toggle the blue SMA line
- Show Zero Line (0): Toggle the 0.0 reference line
- Show ±0.2 / ±0.6 guide lines: Toggle the helper levels
- Show guide labels: Draw small text labels at 0, ±0.2, ±0.6
- Guide label offset (bars left): Move labels left if they overlap the right edge values
- Show Advancing Weight % label: Toggle the % of sector weight currently advancing
Sector Symbols (ETF proxies)
- XLK, XLY, XLF, XLV, XLC, XLI, XLP, XLE, XLB, XLU, XLRE: Defaults to the SPDR sector ETFs. You can swap for alternative proxies if desired.
Sector Weights (auto-normalize)
- Weight inputs for each sector (e.g., Tech 0.30, Financials 0.13…). These auto-normalize to 1.0 so you can paste rough numbers; the script scales them.
- Keep weights fresh. GICS sector weights drift; update periodically (e.g., quarterly).
Alerts included
- “Weighted ADD crossed above 0”
- “Weighted ADD crossed below 0”
Version
v1.0 – Initial release (weighted sign-based ADD + SMA, zero/guide lines & labels, Adv % label, alerts).
RSI (8 & 13) + Fibonacci LevelsIndicator Description: RSI (8 & 13) + Fibonacci Levels
This custom indicator is designed to provide a dual-speed RSI framework with embedded Fibonacci retracement levels for advanced momentum and reversal analysis. It combines the power of relative strength measurement with the natural harmony of Fibonacci ratios to give traders a structured approach to market timing and confluence trading.
The indicator plots two RSI lines on a dedicated sub-chart:
RSI Fast (8) → short-term momentum, highly sensitive to price action, helps identify quick shifts and micro-trends.
RSI Slow (13) → smoother and less volatile, acts as confirmation of broader trend direction and underlying strength.
By combining both RSI speeds, traders can spot alignment, divergences, and crossover signals between fast and slow momentum. When both lines move in sync, it reflects strong conviction; when they diverge, it signals potential exhaustion or trend shifts.
Overlaying Fibonacci retracement levels on RSI adds an extra dimension of precision. Instead of using arbitrary zones, the indicator relies on mathematically significant levels tied to natural market cycles:
23.6% → shallow pullbacks, early momentum pauses.
38.2% → minor retracements, often signaling trend continuation.
50% → balance point between strength and weakness.
61.8% → golden ratio, strong correction or reversal zone.
78.6% → deep retracement, last line before full reversal.
In addition, the script marks the classic RSI boundaries:
70 (Overbought) → potential profit-taking, stretched bullish conditions.
30 (Oversold) → potential accumulation, stretched bearish conditions.
Together, these zones help traders gauge not only when the RSI is “too high” or “too low,” but also where price momentum aligns with natural Fibonacci retracement zones. This approach transforms RSI from a simple oscillator into a multi-layered momentum map.
Practical Uses:
Trend Confirmation → When RSI(8) and RSI(13) are both above 50 and rising, bullish strength is confirmed.
Divergence Detection → If price makes higher highs but RSI(8) fails to confirm, it warns of weakening momentum.
Reversal Hunting → Look for RSI rejection candles at Fib levels (e.g., fast RSI hitting 61.8 and rolling over).
Entry/Exit Timing → Use fast RSI crossovers with slow RSI as tactical entries within the broader structure.
Confluence Trading → Strong signals occur when RSI rejection coincides with price structure (double tops/bottoms, Fibonacci levels on chart, Bollinger Band rejections).
This indicator is especially powerful when paired with Bollinger Bands or price action rejection patterns, creating a system where price extremes are validated against RSI Fib zones.
Ultimately, the RSI (8 & 13) + Fibonacci Levels indicator acts as a precision filter — helping traders separate noise from genuine turning points and reinforcing entries/exits with multiple layers of confluence.
Bollinger Bands (SMA 21, 2.618σ)Indicator Description: Bollinger Bands (2.618σ, 21 SMA) + RSI with Fibonacci
This custom indicator combines Bollinger Bands and Relative Strength Index (RSI), enhanced with Fibonacci-based configurations, to provide confluence signals for rejection candles, reversal setups, and continuation patterns.
Bollinger Bands Settings (Customized)
Middle Band → 21-period Simple Moving Average (SMA)
Upper Band → SMA + 2.618 standard deviations
Lower Band → SMA − 2.618 standard deviations
These parameters expand the bands compared to the traditional (20, 2.0) settings, making them better suited for volatility extremes and higher timeframe swing analysis.
Color Scheme
Middle Band = Orange
Upper Band = Red
Lower Band = Green
This color-coding emphasizes key rejection levels visually.
Candle Rejection Logic
The indicator is designed to highlight potential rejection candles when price interacts with the outer Bollinger Bands:
At the Upper Band, rejection signals suggest overextension and potential downside reaction.
At the Lower Band, rejection signals suggest oversold conditions and potential upside reaction.
Rejection Candle Types Tracked
Hammer (bullish reversal, lower rejection wick at bottom band)
Inverted Hammer (bearish reversal, upper rejection wick at top band)
Doji candles (indecision at band extremes)
Double Top formations near the upper band
Double Bottom formations near the lower band
Relative Strength Index (RSI) Settings
RSI is configured with Fibonacci retracement levels instead of traditional 30/70 thresholds.
Fibonacci sequence levels used include:
23.6% (0.236)
38.2% (0.382)
50% (0.5)
61.8% (0.618)
78.6% (0.786)
This alignment with Fibonacci ratios provides deeper market structure insights into momentum strength and exhaustion points.
Trading Confluence Zones
Upper Band + RSI at 0.618–0.786 zone → High probability bearish rejection.
Lower Band + RSI at 0.236–0.382 zone → High probability bullish reversal.
Band interaction + Doji or Hammer candles → Stronger signal confirmation.
Use Cases
Identifying trend exhaustion when price repeatedly fails to break above the upper band.
Spotting accumulation or distribution phases when price consolidates around Fibonacci-based RSI zones.
Detecting false breakouts when candle patterns (like Doji or Inverted Hammer) occur beyond the bands.
Why 2.618 Deviation & 21 SMA?
Standard Bollinger Bands (20, 2.0) capture ~95% of price action.
By widening to 2.618σ, we target extreme volatility outliers — areas where reversals are statistically more likely.
A 21-period SMA aligns better with common cycle lengths (3 trading weeks on daily charts) and Fibonacci-related time cycles.
Practical Strategy
Step 1: Watch when price touches or pierces the upper/lower band.
Step 2: Check for candle rejection patterns (Hammer, Inverted Hammer, Doji, Double Top/Bottom).
Step 3: Confirm with RSI Fibonacci levels for confluence.
Step 4: Trade with the prevailing trend or look for reversal setups if multiple confluence factors align.
Cautions
Not all touches of the bands signal reversals — strong trends can ride along the bands for extended periods.
Always combine with price action structure, volume, and higher timeframe trend bias.
📌 Summary
This indicator blends volatility-based bands with Fibonacci momentum analysis and classical candle rejection patterns. The combination of Bollinger Bands (21, 2.618σ) and RSI Fibonacci levels helps traders detect high-probability rejection zones, reversal opportunities, and overextended conditions with improved accuracy over traditional default settings.
Weekly Session BreakThis indicator plots a vertical line at the end of the trading week (Friday) to mark the weekly session break. It is designed to be used on intraday charts (sub-1 hour timeframes).
The line's appearance is fully customizable via the Inputs tab, allowing you to change its color, style (solid, dotted, or dashed), and thickness.
Key Features:
End-of-Week Marker: Accurately draws a vertical line on the last bar of the trading week.
Timeframe Specific: Lines are only visible on intraday charts (1-minute to 59-minute timeframes) to prevent clutter on higher timeframes.
Customizable: Adjust the line's color, style, and thickness from the Inputs menu.