Smart VolumeThis script introduces a unique approach to volume analysis by combining three critical components that work together to identify institutional activity:
1. Adaptive Volume Analysis
- Automatically calculates significant volume thresholds specific to each stock (current bar volume compared to the average of previous 6 bars)
- Unlike standard indicators using fixed multipliers (like 2x average volume), this adapts to each stock's unique trading characteristics
- Example: A 2x volume spike might be significant for AAPL but irrelevant for a volatile small-cap
2. Volume Contraction Pattern (VCP) Detection
- Identifies periods of decreasing volume with precise criteria:
• Requires 6+ consecutive periods of declining volume
• Volume must compress by at least 20% from peak
• Price must remain within a defined channel
- Automatically detects completion of compression patterns
3. RVM (Relative Volatility Measure) Integration
- Measures current volatility against historical averages
- Identifies low-volatility periods that often precede major moves
- When combined with volume compression, signals higher probability setups
How Components Work Together:
- Volume spikes are evaluated against stock-specific thresholds
- VCP detection runs continuously to identify compression patterns
- RVM confirms volatility contraction aligned with volume compression
- When all three align, the indicator signals potential breakout entry
Usage:
1. Monitor volume bars for spikes above adaptive thresholds (bright green/red)|
2. Monitor average volume line turning from white to green indicating volume contraction (the brighter the green the more contraction happened)
2. Watch for green shading at the zero-line indicating volatility compression (RVM)
3. Use the statistics table for more insights
Original Features:
- First indicator to combine adaptive volume thresholds with VCP detection
- Implements stock-specific volume analysis instead of fixed multipliers
- Integrates volatility confirmation with volume patterns
- Provides real-time statistical analysis of compression patterns
Best suited for daily timeframes on liquid stocks where institutional activity is most visible.
Note: While patterns suggest potential moves, always confirm with price action before trading.
Video:
Educational
Auto Fibonacci Retracement by YilmazerBelirtilen bar sayısı ve fibonacci değerlerine göre fibonacci düzeltme seviyelerini grafik üzerinde çizer. Eğer grafikte belirtilenden daha az bar var ise bu durumda grafikte yer alan max bar sayısını dikkate alarak çizim yapar.
Draws Fibonacci retracement levels on the chart based on the specified number of bars and Fibonacci values. If the chart has fewer bars than specified, it uses the maximum number of bars available on the chart for drawing.
Sweaty Palms MA (50/100/200 + 250)The "Sweaty Palms MA (50/100/200 + 250)" script plots four customizable Moving Averages (MAs) to help traders analyze trends across different timeframes. It includes the 50, 100, and 200-length MAs for short, medium, and long-term trend analysis, with an optional 250-length MA for additional insights. Users can choose from five different MA types: Simple (SMA), Exponential (EMA), Weighted (WMA), Relative (RMA), and Hull (HMA), offering flexibility to fit various trading strategies.
Each MA is color-coded for easy identification: blue for the 50-length MA, orange for the 100-length MA, purple for the 200-length MA, and white for the optional 250-length MA. The script also features dynamic labels placed near the most recent bar, displaying the length and type of each MA. These labels update automatically as new bars are added, ensuring that the information is always current and accessible.
This script is ideal for traders looking to identify support and resistance levels, track momentum trends, and validate trading setups across multiple timeframes. The ability to toggle the 250-length MA and adjust MA types and lengths makes it a versatile tool for both swing and intraday trading. Whether you’re monitoring crossovers, evaluating market direction, or confirming long-term trends, this indicator provides the clarity and functionality needed to make informed decisions.
Sweaty Palms 9/21 EMAThe "Sweaty Palms 9/21 EMA" script is designed to help traders identify short-term and medium-term momentum trends using two Exponential Moving Averages (EMAs). The 9-period EMA is ideal for tracking immediate price movements, while the 21-period EMA provides a broader view of the trend. Together, they offer valuable insights into potential entry and exit points for trades.
This script allows users to customize the lengths of both EMAs to fit their trading style. By default, the 9 EMA is displayed in green, and the 21 EMA in yellow, making it easy to distinguish between the two. Users also have the option to toggle the visibility of each EMA, providing flexibility to focus on specific trends.
Dynamic labels are included to enhance usability by displaying the EMA lengths near the most recent bar on the chart. These labels update automatically, ensuring that users always have clear and relevant information at a glance. The bold, color-coded lines further enhance the visual appeal, making the chart easy to interpret even during fast-moving markets.
This script is a valuable tool for both swing and intraday traders. By monitoring crossovers between the 9 EMA and 21 EMA, traders can identify potential trend reversals or confirmations. Additionally, pullbacks to the 9 EMA can signal possible entry points, while the 21 EMA can act as a reliable trailing stop or trend filter. Overall, this script provides a clean, efficient way to analyze price momentum and make informed trading decisions.
FT TrendFT Trend
Overview
The FT Trend is a modern and highly customizable indicator designed for traders seeking to simplify and enhance their trend analysis. Based on the concept of the original Exponential Moving Average (EMA), this script introduces unique enhancements tailored for real-time adaptability and user-friendly customization, setting it apart from traditional EMA indicators.
Key Features
Enhanced EMA Visualization:
Smooth and accurate trendline plotting to provide clearer insights into price movement.
Customizable settings, including period length, line offset, and color, to suit individual trading styles.
Compact and Clean Design:
Removes unnecessary complexity by offering a straightforward focus on trend tracking.
Refined dropdown menu options to limit redundant styles, ensuring simplicity and clarity.
Offset Customization:
Allows traders to shift the EMA line forward or backward on the chart for advanced analysis and prediction.
Optimized Performance:
Built from scratch using Pine Script v6 for improved efficiency and reliability.
Streamlined code structure ensures minimal resource usage on TradingView.
How This Script Differs from Standard EMA Indicators
This script draws its inspiration from the traditional EMA indicator but introduces significant improvements to elevate its usability and functionality:
Custom Offset Adjustment: Unlike standard EMA scripts, FT Trend includes offset customization, allowing traders to anticipate or backtest trends visually.
Simplified User Interface: Unnecessary dropdown options have been removed to provide a cleaner, distraction-free experience.
Enhanced Aesthetic Design: Unique, vivid color schemes and customizable line styles make it more appealing and readable on the chart.
How It Works
Tracks price movement using an Exponential Moving Average formula with user-defined parameters.
Plots the EMA directly on the chart, offering a clear visual representation of market trends.
Offset functionality enables precise analysis of price action relative to the trendline.
Practical Applications
Trend Confirmation: Use the EMA to identify and confirm the current market trend.
Support and Resistance Levels: The EMA often acts as dynamic support or resistance during trending markets.
Entry and Exit Signals: Combine the EMA with other indicators to fine-tune trading signals.
Important Notes
The FT Trend is optimized for all timeframes, making it a versatile tool for intraday, swing, or long-term traders.
While based on the classic EMA concept, this script offers unique flexibility and adaptability not found in standard EMA indicators.
Credits
This indicator is inspired by the original EMA methodology but has been extensively customized and reimagined for modern trading strategies. Full credit is given to the creators of the EMA for their foundational work, which serves as the core idea behind this tool.
Disclaimer
This script is for informational and educational purposes only. Always test on a demo account before applying it to live markets. Proper risk management is crucial when trading.
Box BreakoutAn indicator that involves "breaking boxes" could refer to a box breakout strategy, often used to identify price consolidations and subsequent breakouts. Here's how it works:
Box Breakout Indicator
What is it? A box breakout strategy involves identifying a range-bound price movement (a consolidation phase) that forms a "box" on the chart. The price moves within a defined high and low range for a period of time, creating the top and bottom edges of the box.
PRO_MAX_SIGNAL_SMCThis indicator includes SMART MONEY CONCEPTS.....
Feature :
Internal and External market structure exist in real time....
Change of Character
Break of structure
Bullish Order Block
Bearish Order Block
Fair value Gap
Equal High and Low
Moving Averages..
BUY and SELL Signal :
Special Buy and Sell Signal for more confirmation. This signal generated from MACD and ADX calculations.....
200 EMA Breakout & Retest Strategy200 EMA Breakout & Retest Strategy
This script is designed for traders who rely on the 200 EMA as a key indicator for trend direction and trade setups. The strategy identifies potential buy and sell opportunities based on breakouts and subsequent retests of the 200 EMA.
How It Works
EMA Breakout Detection:
The script monitors when the price crosses and closes above or below the 200 EMA.
No signal is generated immediately upon the breakout.
Retest Confirmation:
After the breakout, the price must retrace to touch the 200 EMA.
A valid signal occurs only when the price touches the EMA and the candle closes above (for buy) or below (for sell).
Trade Signal Generation:
Once the retest is confirmed:
A Buy Signal is generated if the price closes above the 200 EMA after the retest.
A Sell Signal is generated if the price closes below the 200 EMA after the retest.
The script calculates:
Stop Loss: Placed at the low of the candle for a buy signal and at the high of the candle for a sell signal.
Take Profit: Based on a customizable Risk-Reward Ratio (default is 1:2).
Visual Indicators:
The 200 EMA is plotted on the chart for reference.
Buy/Sell signals are displayed as labels on the chart.
Stop loss and take profit levels are drawn using dotted lines.
Customization Options
EMA Length: Adjustable (default is 200).
Risk-Reward Ratio: Customizable to suit different trading styles.
Who Is This For?
This strategy is ideal for traders who:
Prefer trading with the trend using EMA-based strategies.
Look for precise entry points with confirmation from retests.
Require automated calculation of risk-reward levels.
Futuristic Indicator v3 - Enhanced Glow & Strength MetersTo ensure candles are display by script go to trading view settings and uncheck default Candle, Body and Wick to prevent them from plotting over your modified candles.
Futuristic Indicator v3 - Enhanced Glow & Strength Meters: Detailed Breakdown
This Modern styled Pine Script indicator is designed to enhance technical analysis by providing a visually striking OLED-style dashboard with multiple market insights. It integrates trend detection, momentum analysis, volatility tracking, and strength meters into a single, streamlined interface for traders.
1️⃣ Customizable Features for Flexibility
The indicator offers multiple user-configurable settings, allowing traders to adjust the display based on their trading strategy and preferences. Users can toggle elements such as strength meters, volatility indicators, trend arrows, moving averages, and buy/sell alerts. Additionally, background and candle colors can be customized for better readability.
🔹 Why is this useful?
Traders can customize their charts to focus on the data they care about.
Reduces chart clutter by allowing users to toggle features on or off.
2️⃣ Trend Detection Using EMAs
This indicator detects market trends using two Exponential Moving Averages (EMA):
A "Fast" EMA (shorter period) for quick trend shifts.
A "Slow" EMA (longer period) to confirm trends.
Comparison of the two EMAs determines if the trend is bullish (uptrend) or bearish (downtrend).
The indicator colors the trend lines accordingly and adds a trend arrow 📈📉 for quick visual cues.
🔹 Why is this useful?
EMA crossovers are widely used to identify trend reversals.
Provides clear visual cues for traders to confirm entry & exit points.
3️⃣ RSI-Based Momentum Analysis
The indicator integrates the Relative Strength Index (RSI) to gauge market momentum. The momentum value changes color dynamically based on whether it's in bullish (>50) or bearish (<50) territory.
🔹 Why is this useful?
RSI helps identify overbought and oversold conditions.
Detects trend strength by measuring the speed of price movements.
4️⃣ Bullish & Bearish Strength Meters
The indicator quantifies bullish and bearish market strength based on RSI and converts it into a percentage-based meter:
Bullish Strength (Long Strength)
Bearish Strength (Short Strength)
Strength meters are displayed using OLED-styled bars, dynamically changing in real-time.
🔹 Why is this useful?
Allows traders to visually gauge market sentiment at a glance.
Helps confirm if a trend has strong momentum or is losing strength.
5️⃣ Market Volatility Indicator (ATR-Based)
The indicator includes a volatility tracker using the Average True Range (ATR):
ATR is scaled up to provide easier readability.
Higher ATR values indicate higher market volatility.
🔹 Why is this useful?
Helps traders identify potential breakout or consolidation phases.
Allows better risk management by understanding price fluctuations.
6️⃣ Trend Strength Calculation
The indicator calculates trend strength based on the difference between the EMAs:
A higher trend strength value suggests a stronger directional trend.
Displayed as a percentage for better clarity.
🔹 Why is this useful?
Helps traders differentiate between strong and weak trends.
Reduces the likelihood of entering weak or choppy markets.
7️⃣ OLED-Style Dashboard for Market Data
A futuristic OLED-styled table is used to display critical market data in a visually appealing way:
Trend direction (Bullish/Bearish with an arrow 📈📉).
Current price.
Momentum value.
Strength meters (Bullish/Bearish).
Trend strength percentage.
Volatility Meter
The dashboard uses high-contrast colors and neon glow effects, making it easier to read against dark backgrounds.
🔹 Why is this useful?
Provides a centralized view of key trading metrics.
Eliminates the need to manually calculate trend strength.
8️⃣ Modern Style Neon Glow Effects
To enhance visibility, the indicator applies glowing effects to:
Moving Averages (EMAs): Highlighted with layered glow effects.
Candlesticks: Borders and wicks dynamically change color based on trend direction.
🔹 Why is this useful?
Improves readability in low-contrast or dark-mode charts.
Helps traders spot trends faster without reading numerical data.
9️⃣ Automated Buy & Sell Alerts
The script triggers alerts when momentum crosses key levels:
Above 55 → Potential Long Setup
Below 45 → Potential Short Setup.
🔹 Why is this useful?
Alerts help traders react quickly without constantly monitoring the chart.
Reduces the risk of missing critical trade opportunities.
🔹 Final Summary: Why is This Indicator Useful?
This futuristic cyberpunk-styled trading tool enhances traditional market analysis by combining technical indicators with high-visibility visuals.
🔹 Key Benefits:
✅ Customizable Display – Toggle elements based on trading needs.
✅ Trend Detection – EMAs highlight uptrends & downtrends.
✅ Momentum Tracking – RSI-based momentum gauge identifies strong moves.
✅ Strength Meters – Bullish/Bearish power is clearly visualized.
✅ Volatility Insights – ATR-based metric highlights market turbulence.
✅ Trend Strength Analysis – Quantifies trend intensity.
✅ Dashboard – Provides a centralized, easy-to-read data panel.
✅ Cyberpunk Neon Glow – Enhances clarity with stylish aesthetics.
✅ Real-Time Alerts – Helps traders react to key opportunities.
This indicator is designed to be both functional and visually appealing, making market analysis more intuitive and efficient. 🚀
Scalping Entry with TP/SL (1:2 R:R) [v6]
Entry Conditions:
A Buy entry is triggered when the price crosses above the EMA (trend confirmation).
A Sell entry is triggered when the price crosses below the EMA.
Stop Loss (SL):
Calculated using ATR (Average True Range) multiplied by a factor you can adjust (atrMultiplier).
Take Profit (TP):
Calculated using a fixed Risk-to-Reward ratio (riskRewardRatio), defaulted to 1:2.
Visualization:
Entry lines (solid green for Buy, red for Sell).
TP lines (blue dotted) and SL lines (red or green dotted).
Labels for entry points (BUY/SELL).
Custom RSI + OBV Scalping Indicator 8080A custom indicator combining RSI (Relative Strength Index) and OBV (On-Balance Volume) can be helpful for scalping by merging momentum and volume signals.
G. Santostasi' Active Addresses and Hash Rate Power LawThe Bitcoin Power Law Indicator is a groundbreaking tool designed for investors, analysts, and enthusiasts who seek to understand Bitcoin's price behavior through its fundamental network metrics. This invite-only indicator leverages the Giovanni Santostasi Power Law Model, which reveals the deep interconnections between Bitcoin's core parameters and its price evolution over time.
Features and Functionality:
Bitcoin Price vs. Active Addresses Model
Using Giovanni Santostasi’s power law framework, the indicator establishes a quantitative relationship between Bitcoin's price and the number of active addresses. Active addresses, a critical on-chain metric, reflect network activity and adoption. This model generates a theoretical Bitcoin price based solely on the behavior of active addresses, highlighting how network usage underpins price movements.
Bitcoin Price vs. Hash Rate Model
The indicator applies the same power law methodology to analyze the relationship between Bitcoin's price and its hash rate. The hash rate, representing the computational power securing the network, is a fundamental measure of the network's security and robustness. This model estimates Bitcoin’s price as a function of the hash rate, showcasing the symbiotic relationship between miner activity and market valuation.
Comparison with Bitcoin Price vs. Time Model
Both the active addresses and hash rate-based models are compared against the classic Bitcoin price vs. time power law. This comparison provides insight into the alignment or divergence of Bitcoin’s price with its fundamental network metrics and long-term temporal trends.
Visualization of Interconnectedness
The indicator synthesizes on-chain data to visually and quantitatively demonstrate the interconnectedness of Bitcoin's key parameters—price, network activity, and mining security. It provides a real-time measure of the strength of the Bitcoin network, offering a holistic perspective on its health and resilience.
Utility for Investors:
Enhanced Market Understanding:
By breaking down Bitcoin's price into its fundamental drivers—active addresses, hash rate, and time—investors gain a clearer picture of what underpins price trends. This knowledge can inform long-term investment strategies and improve confidence during volatile periods.
Network Health Monitoring:
The indicator serves as a robust measure of network strength. Divergences between the models and actual price may indicate periods of mispricing or anomalies in network activity, offering potential trading opportunities.
Validation of the Power Law Theory:
Investors can track Bitcoin's adherence to the power law, which has demonstrated remarkable consistency over the years. This provides a scientific framework for understanding Bitcoin’s growth trajectory, helping investors separate signal from noise in the market.
Risk Management and Opportunity Identification:
Understanding when Bitcoin's price deviates from its fundamental power law models can help investors identify potential overvaluation, undervaluation, or turning points in the market. These insights can be critical for both short-term trading and long-term portfolio allocation.
This indicator is a must-have for those who value a data-driven, scientific approach to Bitcoin analysis. By combining cutting-edge research with real-time analytics, it offers a unique lens to view Bitcoin not just as a speculative asset but as a robust, interconnected system that adheres to fundamental physical and social principles.
Drawdown from 22-Day High (Daily Anchored)This Pine Script indicator, titled "Drawdown from 22-Day High (Daily Anchored)," is designed to plot various drawdown levels from the highest high over the past 22 days. This helps traders visualize the performance and potential risk of the security in terms of its recent high points.
Key Features:
Daily High Data:
Fetches daily high prices using the request.security function with a daily timeframe.
Highest High Calculation:
Calculates the highest high over the last 22 days using daily data. This represents the highest price the security has reached in this period.
Drawdown Levels:
Computes various drawdown levels from the highest high:
2% Drawdown
5% Drawdown
10% Drawdown
15% Drawdown
25% Drawdown
45% Drawdown
50% Drawdown
Dynamic Line Coloring:
The color of the 2% drawdown line changes dynamically based on the current closing price:
Green (#02ff0b) if the close is above the 2% drawdown level.
Red (#ff0000) if the close is below the 2% drawdown level.
Plotting Drawdown Levels:
Plots each drawdown level on the chart with specific colors and line widths for easy visual distinction:
2% Drawdown: Green or Red, depending on the closing price.
5% Drawdown: Orange.
10% Drawdown: Blue.
15% Drawdown: Maroon.
25% Drawdown: Purple.
45% Drawdown: Yellow.
50% Drawdown: Black.
Labels for Drawdown Levels:
Adds labels at the end of each drawdown line to indicate the percentage drawdown:
Labels display "2% WVF," "5% WVF," "10% WVF," "15% WVF," "25% WVF," "45% WVF," and "50% WVF" respectively.
The labels are positioned dynamically at the latest bar index to ensure they are always visible.
Explanation of Williams VIX Fix (WVF)
The Williams VIX Fix (WVF) is a volatility indicator designed to replicate the behavior of the VIX (Volatility Index) using price data instead of options prices. It helps traders identify market bottoms and volatility spikes.
Key Aspects of WVF:
Calculation:
The WVF measures the highest high over a specified period (typically 22 days) and compares it to the current closing price.
It is calculated as:
WVF
=
highest high over period
−
current close
highest high over period
×
100
This formula provides a percentage measure of how far the price has fallen from its recent high.
Interpretation:
High WVF Values: Indicate increased volatility and potential market bottoms, suggesting oversold conditions.
Low WVF Values: Suggest lower volatility and potentially overbought conditions.
Usage:
WVF can be used in conjunction with other indicators (e.g., moving averages, RSI) to confirm signals.
It is particularly useful for identifying periods of significant price declines and potential reversals.
In the script, the WVF concept is incorporated into the drawdown levels, providing a visual representation of how far the price has fallen from its 22-day high.
Example Use Cases:
Risk Management: Quickly identify significant drawdown levels to assess the risk of current positions.
Volatility Monitoring: Use the WVF-based drawdown levels to gauge market volatility.
Support Levels: Utilize drawdown levels as potential support levels where price might find buying interest.
This script offers traders and analysts an efficient way to visualize and track important drawdown levels from recent highs, helping in better risk management and decision-making. The dynamic color and label features enhance the readability and usability of the indicator.
Matrix Series and Vix Fix with VWAP CCI and QQE SignalsMatrix Series and Vix Fix with VWAP CCI and QQE Signals
Short Title: Advanced Matrix
Purpose
This Pine Script combines multiple technical analysis tools to create a comprehensive trading indicator. It incorporates elements like support/resistance zones, overbought/oversold conditions, Williams Vix Fix, QQE (Quantitative Qualitative Estimation) signals, VWAP CCI signals, and a 200-period SMA for trend filtering. The goal is to provide actionable buy and sell signals with enhanced visualization.
Key Features and Components
1. Matrix Series
Smoothing Input: Allows customization of EMA smoothing for the indicator (default: 5).
Support/Resistance Zones: Based on CCI (Commodity Channel Index) values.
Dynamic zones calculated with customizable parameters (SupResPeriod, SupResPercentage, PricePeriod).
Candlestick Visualization: Custom candlestick plots with colors indicating trends.
Dynamic levels for overbought/oversold conditions.
2. Overbought/Oversold Signals
Overbought and oversold levels are adjustable (ob and os).
Plots circles on the chart to highlight extreme conditions.
3. Williams Vix Fix
Identifies potential reversal points by analyzing volatility.
Uses Bollinger Bands and percentile thresholds to detect high-probability entries.
Includes two alert levels (alert1 and alert2) with customizable criteria for signal filtering.
4. QQE Signals
Based on the smoothed RSI and QQE methodology.
Detects trend changes using adaptive ATR bands (FastAtrRsiTL).
Plots long and short signals when specific conditions are met.
5. VWAP CCI Signals
Combines VWAP and CCI for additional trade signals.
Detects crossovers and crossunders of CCI levels (-200 and 200) to generate long and short signals.
6. 200 SMA
A 200-period simple moving average is plotted to act as a trend filter.
The script rules recommend buying only when the price is above the SMA200.
Customizable Inputs
General:
Smoothing, support/resistance periods, overbought/oversold levels.
Williams Vix Fix:
Lookback periods, Bollinger Band settings, percentile thresholds.
QQE:
RSI length, smoothing factor, QQE factor, and threshold values.
VWAP CCI:
Length for calculating deviations.
Visual Elements
Dynamic candlestick colors to indicate trend direction.
Overbought/oversold circles for extreme price levels.
Resistance and support lines.
Labels and shapes for buy/sell signals from Vix Fix, QQE, and VWAP CCI.
Alerts
Alerts are configured for the Matrix Series (e.g., "BUY MATRIX") and other components, ensuring traders are notified when significant conditions are met.
Intended Use
This indicator is designed for traders seeking a multi-faceted tool to analyze market trends, identify potential reversal points, and generate actionable trading signals. It combines traditional indicators with advanced techniques for comprehensive market analysis.
Crodl Position Size CalculatorThe Crodl Size Position Calculator is a powerful and intuitive tool designed for traders to calculate their position size, risk, and reward before entering a trade. This indicator simplifies trade planning by providing clear calculations of key metrics such as risk-to-reward ratio, position size, expected profit, and current PnL (Profit and Loss).
Features:
Dynamic Input Fields: Customize your trade parameters, including risk loss, leverage, entry price, stop loss, and take profit.
Position Size Calculation: Automatically calculate the number of units to trade based on your risk tolerance and leverage.
Risk/Reward Ratio: See the ratio of potential profit to risk for informed decision-making.
Real-Time PnL Tracking: Monitor your current profit or loss directly on the chart.
Expected Profit Projection: Displays the profit potential based on your risk-to-reward ratio.
Position Plotting: Visualize your entry, stop loss, and take profit levels directly on the chart with color-coded lines and zones.
User-Friendly Table: A detailed table provides clear visibility of all trade metrics, including:
Risk Loss
Leverage
Entry Price
Stop Loss
Take Profit
Risk/Reward Ratio
Bet Amount
Crypto Units
Real-Time PnL
Expected Profit
How It Works:
Set Your Parameters: Input your desired risk loss, leverage, entry price, stop loss, and take profit levels in the settings.
Get Instant Results: The indicator calculates position size, PnL, expected profit, and other key metrics.
Visualize on the Chart: See your entry, stop loss, and take profit levels plotted on the chart for clarity.
Review the Trade Table: A table at the bottom-right of the screen summarizes all calculations and updates dynamically as the market price changes.
Who is it for? This indicator is ideal for traders of all experience levels, whether you're a beginner learning risk management or a professional looking for efficient trade planning tools.
Customization Options:
Adjust the size of the plotted position zones.
Enable or disable zone plotting for a cleaner chart.
Tailor inputs to match your trading strategy.
Note: Always use proper risk management and ensure your trading parameters align with your personal trading goals and strategy. Use at Own Risk
Repeating Vertical LinesThe "Repeating Vertical Lines" indicator visualizes recurring points in time on the chart by drawing background highlights based on user-defined conditions, including specific weekdays, times, or their combination. Users can customize the color and transparency of the lines for seamless chart integration.
Market Participation Ratio-MPR(TechnoBlooms)Market Participation Ratio (MPR) Indicator - Description
The Market Participation Ratio (MPR) is a custom indicator designed to assess market activity by analyzing price and volume relationships over a specified period. This indicator is useful for identifying trends, participation levels, and key thresholds in market behavior.
Key Features:
1. MPR Calculation:
o The indicator calculates a ratio of the current price and volume relative to their respective moving averages over a user-defined period (Length).
o This ratio is scaled to 100 for better visualization and comparison.
2. Smoothing:
o To reduce noise and make the trend clearer, the MPR is smoothed using an Exponential Moving Average (Smoothing Length), making it easier to interpret.
3. Zero Line & Threshold Levels:
o A zero line at 0 is plotted for baseline comparison.
o Horizontal reference lines at 100 (threshold for strong participation) and 50 (optional secondary level) help in evaluating market trends.
Usage:
• Traders can use the MPR to identify when market participation is increasing or decreasing, which may signal potential trend reversals or continuations.
• Values above 100 often suggest robust market activity, favorable for long positions.
• Values below 100 may indicate waning interest, potentially signaling pullbacks or bearish trends.
Customizable Inputs:
• Length: Adjusts the moving average period for price and volume calculations.
• Smoothing Length: Determines the degree of smoothing applied to the MPR.
Applications:
• Trend Analysis: Detect shifts in bullish or bearish momentum based on participation levels.
• Market Strength: Identify periods of increased or reduced market involvement by traders and investors.
• Entry/Exit Signals: Use levels around 100 as potential cues for positioning in the market.
This indicator is versatile for both short-term and long-term trading strategies and is a valuable addition for technical analysis enthusiasts seeking deeper insights into market dynamics.
[Helper] Trade Journal TableThis indicator serves as a starting point for creating a customized trade journal that meets individual requirements. It provides a basic structure for visualizing trade data in table form which can be adapt to specific needs. The trade data must be maintained directly within the script using the Pine Editor.
Basic Structure:
The example table consists of six columns: Date, Entry Price, Exit Price, Profit/Loss (color-coded), Strategy, and Notes. It is displayed centrally on the chart and dynamically adjusts to the number of recorded trades.
Example Data:
To demonstrate its functionality, the indicator includes predefined example trades, which should be replaced with actual trading data. Additional information, such as strategies and notes, can be added to improve trade documentation.
P T Supertrend CustomPT Supertrend Custom Indicator Description
The PT Supertrend Custom indicator is a dual Supertrend-based tool designed to help traders identify market trends and potential reversals with enhanced accuracy. This custom indicator plots two Supertrend lines with different ATR (Average True Range) lengths and multipliers, providing a broader perspective on price movements across varying market conditions.
Key Features:
1. Dual Supertrend Lines:
- The indicator calculates two separate Supertrend values using customizable ATR lengths (default: 7 and 21) and factors (default: 3.0 for both).
- This dual-layered approach helps identify both short-term and long-term trends for better decision-making.
2. Customizable Parameters:
- ATR Length (ATR Length & ATR Length2): Determines the lookback period for volatility calculation.
- Factor (Factor & Factor2): Defines the multiplier for the ATR, controlling the sensitivity of the Supertrend lines.
3. Visual Trend Representation:
- Green and red line plots represent uptrends and downtrends, respectively.
- The indicator overlays on the price chart, offering a clear visual representation of trend direction.
- Trend fill areas provide additional clarity, with green shading for uptrends and red shading for downtrends.
4. Dynamic Trend Shifts:
- The indicator adapts dynamically based on price action, switching from an uptrend to a downtrend and vice versa when conditions change.
- Two independent trend signals allow traders to compare short-term and long-term trend confirmations.
5. Overlay on Price Chart:
- The indicator is plotted directly on the price chart for easy visualization without cluttering the workspace.
How to Use:
- Trend Identification:
- A green Supertrend line below price indicates an uptrend.
- A red Supertrend line above price signals a downtrend.
- When both Supertrends align, it indicates a strong trend; divergence may signal potential reversals.
- Entry & Exit Signals:
- Consider long positions when both Supertrend lines turn green.
- Consider short positions when both Supertrend lines turn red.
- Use the shorter ATR period for quicker entries and exits, while the longer ATR period provides confirmation.
- Risk Management:
- The Supertrend lines can serve as dynamic support/resistance levels for placing stop-loss orders.
Best Used In:
- Trend-following strategies
- Swing trading and day trading
- Volatile markets where ATR-based signals are effective
This indicator provides a comprehensive view of market trends by combining short- and long-term trend filters, making it a valuable tool for traders seeking precision and clarity in their trading decisions.
Created by Prince Thomas
PT Least Squares Moving AveragePT LSMA Multi-Period Indicator
The PT Least Squares Moving Average (LSMA) Multi-Period Indicator is a powerful tool designed for investors who want to track market trends across multiple time horizons in a single, convenient indicator. This indicator calculates the LSMA for four different periods— 25 bars, 50 bars, 450 bars, and 500 bars providing a comprehensive view of short-term and long-term market movements.
Key Features:
- Multi-Timeframe Trend Analysis: Tracks both short-term (25 & 50 bars) and long-term (450 & 500 bars) market trends, helping investors make informed decisions.
- Smoothing Capability: The LSMA reduces noise by fitting a linear regression line to past price data, offering a clearer trend direction compared to traditional moving averages.
- One-Indicator Solution: Combines multiple LSMA periods into a single chart, reducing clutter and enhancing visual clarity.
- Versatile Applications: Suitable for trend identification, market timing, and spotting potential reversals across different timeframes.
- Customizable Styling: Allows users to customize colors and line styles for each period to suit their preferences.
How to Use:
1. Short-Term Trends (25 & 50 bars):Ideal for identifying recent price movements and short-term trade opportunities.
2. Long-Term Trends (450 & 500 bars): Helps investors gauge broader market sentiment and position themselves accordingly for longer holding periods.
3. Trend Confirmation: When shorter LSMA periods cross above longer ones, it may signal bullish momentum, whereas the opposite may indicate bearish sentiment.
4. Support and Resistance: The LSMA lines can act as dynamic support and resistance levels during trending markets.
Best For:
- Long-term investors looking to align their positions with dominant market trends.
- Swing traders seeking confirmation from multiple time horizons.
- Portfolio managers tracking price momentum across various investment durations.
This LSMA Multi-Period Indicator equips investors with a well-rounded perspective on price movements, offering a strategic edge in navigating market cycles with confidence.
Created by Prince Thomas
tripleFlows Master EUR - by ManhDNThe TripleFlows Master EUR indicator is a technical analysis tool designed for TradingView to systematically evaluate the strength or weakness of the Euro (EUR) across 7 major currency pairs. This indicator provides a clear and objective measure of EUR momentum by analyzing moving averages, aggregating the data into a comprehensive Flow Index, and visualizing the collective price action of the Euro.
---
How It Works
1. Data Collection:
- The indicator pulls price data from the 7 most significant EUR currency pairs:
EUR/USD, EUR/JPY, EUR/GBP, EUR/AUD, EUR/CAD, EUR/NZD, and EUR/CHF.
2. Moving Average Calculation:
- For each of the 7 currency pairs, the indicator computes:
- A 5-period moving average (MA).
- A 20-period moving average (MA).
- It then compares these two moving averages to identify whether the trend for each pair is bullish or bearish:
- If MA(5) > MA(20), the trend is considered bullish for the Euro.
- If MA(5) < MA(20), the trend is considered bearish for the Euro.
3. Flow Index Aggregation:
- The indicator aggregates the trend signals from all 7 currency pairs to calculate a Flow Index, which ranges from -100 to +100:
- +100: All 7 pairs indicate a bullish trend for EUR (maximum strength).
- -100: All 7 pairs indicate a bearish trend for EUR (maximum weakness).
- Values closer to 0 indicate a more neutral market condition.
4. Visual Representation of Composite Price Action:
- In addition to the Flow Index, the TripleFlows Master EUR generates a **composite candlestick chart** based on the aggregated price action of the 7 EUR pairs.
- This chart provides a clear visual representation of the Euro's overall price behavior, allowing traders to analyze trends directly through candlestick patterns and moving averages.
- By observing this chart, traders can make decisions based on the combined action of all 7 pairs, rather than relying on a single pair.
5. Triple Flow Calculation Across Timeframes:
- The Flow Index is calculated on three timeframes:
- Junior (short timeframe).
- Medior (medium timeframe).
- Senior (long timeframe).
- The indicator evaluates the Flow Index across these three timeframes to determine Triple Flow:
- Triple Flow Up (Bullish): All three timeframes show a Flow Index of +100.
- Triple Flow Down (Bearish): All three timeframes show a Flow Index of -100.
---
Purpose and Application
- Trend Confirmation:
The TripleFlows Master EUR provides objective trend confirmation by synthesizing data across multiple pairs and timeframes.
- Bullish Trend: Look for opportunities to go long when Triple Flow Up is confirmed.
- Bearish Trend: Look for opportunities to go short when Triple Flow Down is confirmed.
- Multi-Timeframe Consistency:
The synchronization of the Flow Index across junior, medior, and senior timeframes ensures high-probability setups by aligning short-term and long-term trends.
- Composite Price Action Analysis:
The composite candlestick chart simplifies the analysis of EUR price behavior by aggregating data from 7 pairs, helping traders identify trends, key levels, and patterns visually.
---
Outputs and Visuals
1. Flow Index:
- Displayed as a value between -100 and +100, showing the aggregated strength or weakness of the Euro.
2. Composite Candlestick Chart:
- A real-time chart that represents the Euro's collective price action across 7 pairs.
3. Triple Flow Status:
- Visual indication of Triple Flow conditions (e.g., Triple Flow Up or Triple Flow Down) based on the alignment of Flow Index values across all three timeframes.
4. Alerts:
- The indicator includes alerts for when a Triple Flow Up or Down condition is detected, allowing users to respond to key market opportunities.
---
Technical Notes
- Flow Index Calculation:
The calculation is based purely on the relative position of the 5-period and 20-period moving averages across 7 pairs. It does not rely on external factors, ensuring the results are fully derived from price data.
- Composite Price Action:
The composite candlestick chart integrates the aggregated price movements of 7 pairs into a single, easy-to-read visual representation.
- Scalability Across Timeframes:
The TripleFlows Master EUR can be applied to any trading style, as it adapts to various timeframes:
- Junior timeframe for intraday analysis.
- Medior timeframe for swing trading.
- Senior timeframe for position trading.
---
Conclusion
The TripleFlows Master EUR indicator provides a robust, data-driven solution for analyzing the Euro’s performance across major currency pairs. By aggregating price action from 7 pairs into a composite candlestick chart and synchronizing trends across multiple timeframes, the indicator eliminates the limitations of analyzing individual pairs in isolation. This comprehensive approach ensures traders can identify trends and opportunities with greater accuracy and confidence.
Vertical & Open Lines - Yearly [MsF]Yearly Vertical & Open Lines Indicator
This indicator helps traders visualize yearly boundaries and track previous year's price levels. It draws:
- Vertical lines at the start of each year
- Horizontal lines showing previous year's open and close prices
- Optional labels with price information
Features:
- Customizable line colors and styles
- Toggle yearly vertical lines
- Show/hide previous year's price levels
- Optional price labels
- Next year line preview
Usage:
1. Add indicator to your chart
2. Adjust Base Time to match your market's yearly reset time
3. Customize colors and styles using input options
4. Toggle features as needed
Net Unrealized Profit Loss | JeffreyTimmermansNet Unrealized Profit Loss (NUPL)
The "Net Unrealized Profit Loss" (NUPL) indicator is a highly regarded tool for assessing Bitcoin investor sentiment by analyzing the relationship between Market Value and Realized Value. This Pine Script implementation, developed by Jeffrey Timmermans, includes additional features such as dynamic labels, alerts, and thresholds with color-coded bands, enhancing its usability for traders and analysts.
Core Concepts Behind NUPL
Market Value (MV):
Defined as the current Bitcoin price multiplied by the number of coins in circulation.
Equivalent to market capitalization in traditional finance.
Realized Value (RV):
Calculated by considering the price at which each Bitcoin last moved (e.g., transferred between wallets).
The average price of all these transactions is multiplied by the total coins in circulation.
Net Unrealized Profit Loss (NUPL):
Formula: NUPL = (Market Value − Realized Value) : Market Value × 100
Measures the proportion of paper profits or losses held by investors relative to the market cap.
Significance of NUPL:
Tracks investor sentiment over time.
A high NUPL value indicates that most investors are in profit, often signaling potential market overheating.
A low or negative NUPL suggests pessimism and undervaluation, which may precede market recovery.
How to View the Chart
The NUPL chart uses distinct percentage bands to delineate various market phases. These bands provide context for understanding investor sentiment and market stages:
Extreme Low Values (< 0%): Indicates widespread losses; the market may be near capitulation.
Neutral Value (0%): A balance between profit and loss; often signifies a transition phase.
Slightly High to High Values (> 0% to 50%): Increasing profits suggest growing optimism; early stages of bullish trends.
Extreme High Values (> 75%): Signals overheating; often corresponds to excessive greed, which may precede corrections.
The colored bands visually represent these stages, enabling traders to identify key turning points.
Features of the Script
Querying Data
The indicator uses data from two key sources:
Bitcoin Market Cap (MC1): GLASSNODE:BTC_MARKETCAP
Bitcoin Realized Cap (MCR): COINMETRICS:BTC_MARKETCAPREAL
These values are fetched using the request.security function to ensure daily accuracy, regardless of the chart's timeframe.
Threshold Calculation
The script computes NUPL values dynamically and compares them against historical lows:
Calculated using the ta.lowest function over a 1,000-bar lookback period.
The average of the historical low and the current NUPL value, providing a dynamic baseline.
Value Classification
NUPL is categorized into sentiment levels with corresponding weights:
< Low Threshold: 1 (Extreme Bearish)
Low to 0: 0.75 (Moderate Bearish)
0 to 25: 0.25 (Neutral to Slightly Bullish)
25 to 50: -0.25 (Moderate Bullish)
50 to 75 : -0.75 (Strong Bullish)
> 75: -1 (Extreme Bullish)
Visual Elements
NUPL Line Plot:
The NUPL line is plotted in orange for clear visibility.
Threshold Bands:
Horizontal thresholds ranging from -160 to 160 and are plotted, representing key sentiment levels. Bands are categorized as:
Extreme High/Low Values
Significant High/Low Values
Neutral Values
Fill Colors:
Red Shades (Bearish Sentiment): Above neutral levels.
Green Shades (Bullish Sentiment): Below neutral levels.
The opacity of fills decreases as sentiment moves from extreme to neutral values.
Dynamic Label:
A real-time label displays the current NUPL value and sentiment classification.
Positioned directly on the NUPL line for immediate insight.
Alerts:
The indicator includes two alerts for crossing key thresholds:
NUPL Above 0% Alert: Triggers when NUPL crosses above the neutral value, signaling a shift to positive sentiment.
NUPL Below 0% Alert: Triggers when NUPL crosses below the neutral value, indicating a shift to negative sentiment.
Alerts are configured with alert.freq_once_per_bar to avoid redundancy during intra-bar fluctuations.
Use Cases
Identifying Market Extremes:
Use NUPL levels to pinpoint moments of extreme greed or fear, which often precede market reversals.
Long-Term Strategy:
NUPL trends can assist strategic investors in deciding when to accumulate during pessimistic phases or take profits during euphoria.
Market Sentiment Analysis:
Provides a macro perspective on the prevailing investor sentiment, offering valuable context for trading decisions.
Conclusion
The Net Unrealized Profit Loss (NUPL) indicator combines advanced data processing with intuitive visualization to deliver actionable insights into Bitcoin market sentiment. With its real-time alerts, dynamic labels, and comprehensive banding system, this tool is indispensable for traders and investors seeking to understand and anticipate market movements based on sentiment analysis.
-Jeffrey
