FT SessionsFreedom Trading Sessions (FTS)
Overview
The Freedom Trading Sessions (FTS) is a versatile and highly customizable session-based indicator designed for intraday traders who rely on tracking global market sessions. This script highlights the Asia, Frankfurt, London, and New York (AM & PM) trading sessions on the chart, allowing users to visualize session ranges and identify key price movements.
Key Features:
Customizable Sessions:
Asia (23:00 - 07:00 UTC)
Frankfurt (07:00 - 08:00 UTC)
London (08:00 - 12:00 UTC)
New York AM (13:00 - 16:00 UTC)
New York PM (17:00 - 23:00 UTC)
Traders can enable or disable any session individually.
Session Range Visualization:
Displays the high and low ranges of each session using customizable colors.
Option to enable range labels for each session.
Outlines and transparent background ranges provide clear visibility.
Timezone Flexibility:
Supports customization of UTC offsets.
Option to use the exchange’s timezone for automatic adjustment.
User-Friendly Customization:
Transparent range areas with adjustable visibility.
Optional range outlines and session labels for clarity.
Compact settings make it easy to adjust the script to your preference.
How It Works:
Each trading session is defined by its start and end times.
When enabled, the indicator tracks the price action during the session and marks the session’s range (high and low) on the chart.
The session ranges are updated in real-time, helping traders monitor key support and resistance levels within each session.
How to Use:
Add the Freedom Trading Indicator to your chart.
Adjust the session times, colors, and visibility in the settings panel.
Monitor the session ranges to identify price breakouts, consolidations, or reversals.
Practical Application:
Intraday Trading: Use session ranges to plan trades around major market open and close times.
Breakout Strategies: Identify price breakouts above or below session highs/lows.
Session-Specific Patterns: Spot trading opportunities by observing price behavior within specific global sessions.
Important Notes:
This indicator works best on the 4H timeframe to align with session tracking. If applied to other timeframes, a message will notify users.
Traders can combine this indicator with other tools like volume, price action, or trend-following indicators for a complete trading system.
Credits:
This script was developed from scratch with inspiration from session tracking methods widely used by traders. Any use of similar concepts is purely coincidental and implemented uniquely in this script.
By focusing on session analysis, the Freedom Trading Sessions equips traders with a powerful tool to align their trades with global market activity.
Disclaimer: This script is for educational and informational purposes only. Always test indicators in a demo environment before using them in live markets.
Индикаторы и стратегии
Support and Resistance [THAMIM]Here are some Details about identifying support and resistance:
Trendlines: Draw trendlines using two or three peaks and troughs. The uptrend line is the support level.
Peaks and troughs: Identify the highest peak and lowest point on the chart, and mark each. In a downtrend, the support level is the lower-low peak.
Pivot points: Use the prior period's high, low, and close to estimate future support and resistance levels.
Technical analysis: Use technical analysis techniques to identify where the price movement has halted or reversed.
Moving averages: Use moving averages to identify support and resistance.
Chart patterns: Use chart patterns to identify support and resistance.
Volume analysis tools: Use volume analysis tools to identify support and resistance.
When the price moves past a resistance zone, it might turn into a new support zone. If a stock breaks below its support level, it's called a breakdown. If a stock breaks above its resistance level, it's called a breakout.
Brahmastra VWAP//@version=5
indicator("VWAP", overlay=true)
// Initialize cumulative variables
var float cumulativeVolume = na
var float cumulativePriceVolume = na
// Reset cumulative variables at the start of a new day
if (na(cumulativeVolume))
cumulativeVolume := 0.0
cumulativePriceVolume := 0.0
if (dayofweek != dayofweek )
cumulativeVolume := 0.0
cumulativePriceVolume := 0.0
// Accumulate volume and price*volume
cumulativeVolume += volume
cumulativePriceVolume += hl2 * volume
// Calculate VWAP
vwap = cumulativePriceVolume / cumulativeVolume
// Plot VWAP
plot(vwap, color=color.new(color.blue, 0), linewidth=2, title="VWAP")
Effort vs Result with Std DevSummary Table:
Condition Effort-Result Ratio Interpretation
High Volume, Big Price Move Above +2 SD Strong move, efficient effort.
High Volume, Small Price Move Below Mean / -2 SD Weak move, possible exhaustion.
Low Volume, Big Price Move Above Mean / +2 SD Efficient effort, momentum strong.
Low Volume, Small Price Move Near Mean Market indecision, low activity.
Time Blocks Indicator with EMA Signals (UTC+2)This indicator shows the posable time's when retracement can happen during the London session
A "Time Blocks Indicator with EMA Signals" is a technical analysis tool that combines the concept of time-based price blocks with the signals generated by Exponential Moving Averages (EMAs) to identify potential trading opportunities by highlighting specific price levels within a given timeframe, where EMA crossovers or trend changes might occur, providing a more focused view on potential entry and exit points
Indicator - Bottom - CD2This code combines the crossing characteristics of volume and price entering the low point area or vertex area to achieve entry and reversal, providing reference signals for entry and reversal, and visually displaying them on the chart through graphical means. Users can optimize their application in actual transactions by adjusting parameters and colors. Collaborate with traders to better identify the bottom. In order to improve better trading strategies.
Utilize the CD1/CO2/MC1/MC2 generated by entering and leaving the downstream or upstream area.
Implementation of CD2: The label that requires actual operation to enter after reaching the low point of the crossing downward area.
Implementation of CD1: The label displayed after reaching the descending area. (Not for actual use, can be hidden)
Implementation of MC2: Labels that require actual reversal after reaching the high point of crossing the upstream area.
Implementation of MC1: The label displayed after crossing the upstream area. (Not for actual use, can be hidden)
Specific usage: Conduct actual judgment at CD2 and reverse reference at MC2. Do not perform any operation at CD1 and MC1.
The source code contains no variable functions, unknown functions, or lagging functions. Please feel free to use it!!!
__________________________________________________________________
这段代码结合量价进入低点区域或顶点区域的穿越特性来达成进入和反转，提供了进入和反转的参考信号，并通过图形化方式直观地显示在图表上。用户可以通过调整参数和颜色，优化其在实际交易中的应用。配合交易者更好的识别底部。从而来完善更好的交易策略。
利用进入和离开下行区域或者上行区域后所触发所产生的CD1/CD2/MC1/MC2。
CD2的实行：到达穿越下行区域低点后需要实际操作进入的标签。
CD1的实行：到达穿越下行区域后展现出来的标签。(不做实际使用，可隐藏)
MC2的实行：到达穿越上行区域高点后需要实际操作反转的标签。
MC1的实行：到达穿越上行区域后展现出来的标签。(不做实际使用，可隐藏)
具体使用：在CD2处进行实际判断，在MC2进行反转参考。在CD1和MC1处不做任何操作。
源代码无变量函数、无未知函数及滞后等函数代码，请放心使用！！！
Altcoin Season Indicator//@version=5
indicator("Altcoin Season Indicator", overlay=false)
// Input for Bitcoin Dominance (BTC.D)
btcDominance = request.security("CRYPTOCAP:BTC.D", "D", close)
altcoinMarketCap = request.security("CRYPTOCAP:TOTAL2", "D", close)
// Moving Averages for Trend Analysis
btcMA = ta.sma(btcDominance, 50)
altMA = ta.sma(altcoinMarketCap, 50)
// RSI for Momentum
btcRSI = ta.rsi(btcDominance, 14)
altRSI = ta.rsi(altcoinMarketCap, 14)
// Altcoin Season Conditions
btcBearish = btcDominance < btcMA and btcRSI < 50
altBullish = altcoinMarketCap > altMA and altRSI > 50
// Signal for Altcoin Season
altcoinSeason = btcBearish and altBullish
// Plotting
bgcolor(altcoinSeason ? color.new(color.green, 90) : na)
plot(btcDominance, color=color.red, title="BTC Dominance")
plot(altcoinMarketCap / 1e12, color=color.blue, title="Altcoin Market Cap (T)")
alertcondition(altcoinSeason, title="Altcoin Season Signal", message="Altcoin Season may be starting!")
Brahmastra VWAP//@version=5
indicator("VWAP", overlay=true)
// Calculate VWAP
vwap_value = ta.vwap(close)
// Plot VWAP with specific parameters
plot(series=vwap_value, color=color.blue, title="VWAP", linewidth=2)
Advanced MACD with Pressure Indication"Advanced MACD with Pressure Indication" is a powerful and visually enhanced version of the classic MACD indicator, designed to help traders analyze momentum and trend strength with greater clarity.
### Key Features:
1. **Customizable Parameters**:
- Fast EMA Length (default: 12)
- Slow EMA Length (default: 26)
- Signal SMA Length (default: 9)
2. **Dynamic Histogram Coloring**:
- The histogram color changes dynamically based on pressure:
- **Teal**: Positive histogram increasing.
- **Light Green**: Positive histogram decreasing.
- **Red**: Negative histogram decreasing.
- **Pink**: Negative histogram increasing.
3. **Highlighted MACD and Signal Lines**:
- MACD Line: Blue for trend visibility.
- Signal Line: Orange for clear crossover detection.
4. **Background Gradient for Pressure**:
- Subtle green or red background to reflect positive or negative momentum shifts.
5. **Simplified Visualization**:
- Histogram plotted with columns for easy differentiation of pressure changes.
This indicator is suitable for traders of all levels, offering insightful visual cues to identify trend reversals, momentum shifts, and potential entry/exit points. Optimize your trading strategy with this advanced MACD tool!
Basic systemThis shows breakout in 5 minutes .
This shows breakout in 5 minutes .
This shows breakout in 5 minutes .
This shows breakout in 5 minutes .
This shows breakout in 5 minutes .'
This shows breakout in 5 minutes .
Support and Resistance TrendlinesStrategy:
Support: Identified as the lowest low over a specific period.
Resistance: Identified as the highest high over a specific period.
Dynamic Trendlines: We’ll use the concept of a rolling window to calculate the highest highs and lowest lows over the last n bars (you can adjust the number of bars for more sensitivity).
Explanation:
Lookback Period (length): The number of bars over which we calculate the support and resistance levels. You can adjust this value depending on the timeframe and the sensitivity you want for the trendlines.
Resistance: This is the highest high over the length of bars. We use ta.highest(high, length) to find the highest high within the specified lookback period.
Support: This is the lowest low over the length of bars. We use ta.lowest(low, length) to find the lowest low within the specified lookback period.
Plotting the Lines:
We plot the support and resistance as horizontal lines on the chart using plot().
Additionally, we create dynamic trendlines that update automatically with each new bar. The line.new function creates lines that can be modified dynamically as new price data comes in.
Line Persistence:
The line functions are used to create horizontal lines that persist across bars. The trendlines adjust their position as the bars move forward.
How It Works:
This indicator will automatically detect the highest and lowest prices over the last n bars and draw support (green line) and resistance (red line) levels on the chart.
The trendlines will adjust as the market evolves and provide visual reference points for potential areas of price reversal.
How to Use This Script:
Copy and paste the Pine Script code into the Pine Script Editor on TradingView.
Save the script, and then add it to your chart.
Adjust the Lookback Period input to suit your trading strategy and timeframe.
The support and resistance levels will be drawn dynamically, and the lines will update as new bars form.
Customizations:
You can modify the number of bars (length) used to calculate support and resistance, depending on the timeframes you're interested in.
If you need more advanced trendline drawing (such as drawing trendlines between significant high/low points or automatic adjustment to more complex patterns), you might need to implement more advanced logic using peaks and valleys or price action patterns.
Let me know if you need any further adjustments!
RM - RSI - Enhanced IndexRM - RSI Enhanced Index (RM - REI)
This indicator reimagines the traditional RSI by incorporating price-based enhancements and smoothing techniques to provide traders with a refined perspective on market momentum and trend direction.
Key Features
• Modified RSI Calculation: The RSI is adjusted using a normalized close-to-moving-average ratio, offering a unique interpretation of price momentum.
• Smoothing with EMA: An EMA is applied to the modified RSI values, creating a smoother and more reliable trend-following signal.
• Overbought/Oversold Levels: Standard RSI thresholds (70 and 30) are displayed for quick identification of extreme market conditions, complemented by a midline at 50.
• Dynamic Bar Coloring: Bars are color-coded based on the EMA's position relative to the midline:
Green for bullish conditions (EMA > 50).
Maroon for bearish conditions (EMA < 50).
• Crossover Signals: Visual markers indicate when the EMA crosses above or below the 50-level, suggesting potential long (⦿ below bars) or short (⦿ above bars) opportunities.
• Alerts: Built-in alert conditions notify traders of bullish or bearish market signals when the EMA crosses the midline.
How It Works
Calculates a modified RSI based on the ratio of the close price to a moving average relative to the highest and lowest prices over a given period.
Applies an EMA to the modified RSI to reduce noise and highlight trends.
Uses thresholds (30, 50, 70) to define market conditions as overbought, oversold, or neutral.
Provides crossover signals when the EMA crosses the 50 midline, suggesting potential trend reversals or confirmations.
How to Use
• Identify Trends: Use the EMA's position relative to 50 and the bar colors to gauge market direction.
• Spot Reversals: Look for crossover signals near the midline to identify potential entry or exit points.
• Confirm Conditions: Combine with other trend-following or momentum indicators for enhanced confirmation.
Example Use Cases
• Trend Trading: Use bullish or bearish bar colors to confirm trends and time entries/exits.
• Reversal Signals: Monitor for EMA crossovers near 50 to identify potential reversals.
• Momentum Filtering: Employ the overbought/oversold zones to filter trades during ranging markets.
Disclaimer
This indicator is a tool for analyzing market momentum and trend behavior. It does not guarantee future performance and should be used in conjunction with proper risk management and other indicators for comprehensive analysis.
Engulfing Candles (Break above wick)This Indicator is made to show actual ENGULFING CANDLES which are only shown when the bullish candle is breaking above the high of the bearish candle and bearish candle breaking above the low of the bullish candle
Jabber Alpha v2.0 Strategy
The Jabber Alpha v2.0 Strategy is a robust trading strategy designed to provide clear buy and sell signals based on price action and market conditions, helping traders identify high-probability entry points. The strategy combines multiple technical indicators and price action conditions to improve its accuracy and reliability.
Key Features:
Capital Risk Management: The strategy allows you to define the percentage of capital you're willing to risk on each trade, providing a level of control over your risk exposure. This feature ensures that you can manage your account balance effectively, making it a safer approach for trading.
Bullish and Bearish Signals:
Bullish Signal: A buy signal is generated when the price action aligns with bullish conditions. The strategy checks for specific candlestick patterns such as no lower wicks in consecutive candles, indicating strong upward momentum. In addition, a cross above a moving average of an oscillator can confirm the bullish trend.
Bearish Signal: A sell signal is triggered when the price action shows bearish candlestick patterns (no upper wicks) combined with a crossover below a moving average. This pattern suggests downward momentum and potential for a short position.
ATR-Based Take Profit and Stop Loss:
The strategy uses the Average True Range (ATR) to calculate both take profit and stop loss levels. ATR measures market volatility and adjusts these levels accordingly, allowing the strategy to adapt to changing market conditions. This dynamic approach helps in setting realistic profit targets and minimizing risk through effective stop placement.
Take Profit: The take profit level is set a specific ATR distance above the entry price for long trades and below the entry price for short trades.
Stop Loss: The stop loss is placed based on the previous candle's high for short positions and the previous candle's low for long positions. This approach ensures that the trade is protected if the price reverses quickly.
Candlestick Pattern Recognition:
The strategy includes logic to detect specific candlestick patterns that signal a potential trend reversal or continuation. For example, the absence of lower wicks in consecutive candles indicates strong buying pressure, and the absence of upper wicks signals strong selling pressure.
Automatic Trade Execution:
When the strategy detects a valid buy or sell signal, it automatically executes the trade, ensuring that the trader does not miss any key opportunities. This feature makes the strategy useful for both manual and automated trading setups.
Plotting and Visualization:
The strategy provides clear visual cues on the chart for buy and sell signals, making it easier for traders to interpret the market's direction at a glance.
The plotted take profit and stop loss levels are also visualized on the chart, giving a clear indication of risk management and potential exit points.
The RSI (Relative Strength Index) and its moving average are plotted for additional insights into market momentum, aiding in decision-making.
Risk Management:
The Capital Risk % setting ensures that the amount risked per trade can be controlled. Traders can adjust this percentage to match their risk tolerance and trading style. By managing risk on a per-trade basis, the strategy helps to protect capital in both volatile and trending markets.
This combination of technical indicators, candlestick patterns, and dynamic risk management makes the Jabber Alpha v2.0 Strategy a powerful tool for traders looking for automated, systematic entry and exit points.
Channel by GeorgeThis script is based on moving averages, when the asset touches the lower lines it is a buy, when the upper lines it is a sell. It is necessary to adjust the indicator for each asset and timeframe. You can decrease and increase the distance between the lines
Channel by GeorgeThis script is based on moving averages, when the asset touches the lower lines it is a buy, when the upper lines it is a sell. It is necessary to adjust the indicator for each asset and timeframe. You can decrease and increase the distance between the lines
ema_shortema 6 indikatorunun ema 18 i asagi yonlu kestigi mumu bulup altina diaomond koyar. bir sonraki mumun pullback olup olmadigini sorar .
RSI BB StdDev SignalOverview
The RSI BB StdDev Signal Indicator is a powerful tool designed to enhance your trading strategy by combining the Relative Strength Index (RSI) with Bollinger Bands (BB). This unique combination allows traders to identify potential buy and sell signals more accurately by leveraging the strengths of both indicators. The RSI helps in identifying overbought and oversold conditions, while the Bollinger Bands provide a dynamic range to assess volatility and potential price reversals.
Key Features
— RSI Calculation: The indicator calculates the RSI based on user-defined parameters, allowing for customization to fit different trading styles.
— Bollinger Bands Integration: The RSI values are smoothed using a moving average, and Bollinger Bands are applied to this smoothed RSI to generate buy and sell signals.
— Divergence Detection: The indicator includes an optional feature to detect and alert on bullish and bearish divergences between the RSI and price action.
— Customizable Alerts: Users can set up alerts for buy and sell signals, as well as for divergences, ensuring they never miss a trading opportunity.
— Visual Aids: The indicator plots the RSI, Bollinger Bands, and signals on the chart, making it easy to visualize and interpret the data.
How It Works
1. RSI Calculation:
— The RSI is calculated using the change in the source input (default is close price) over a specified period.
— The RSI values are then plotted on the chart with customizable overbought and oversold levels.
2. Smoothing and Bollinger Bands:
— The RSI values are smoothed using a moving average (SMA, EMA, SMMA, WMA, VWMA) selected by the user.
— Bollinger Bands are applied to the smoothed RSI to create dynamic upper and lower bands.
3. Signal Generation:
—Buy signals are generated when the RSI crosses above the lower Bollinger Band.
—Sell signals are generated when the RSI crosses below the upper Bollinger Band.
—These signals are plotted on both the RSI pane and the main price chart for easy reference.
4. Divergence Detection:
— The indicator can detect and alert on regular bullish and bearish divergences between the RSI and price action.
— Bullish divergences occur when the price makes a lower low, but the RSI makes a higher low.
— Bearish divergences occur when the price makes a higher high, but the RSI makes a lower high.
Usage
1. Setting Up:
— Add the indicator to your TradingView chart.
— Customize the RSI length, source, and other parameters in the settings panel.
— Enable or disable the divergence detection based on your trading strategy.
2. Interpreting Signals:
— Use the buy and sell signals generated by the RSI crossing the Bollinger Bands as potential entry and exit points.
— Pay attention to divergences for additional confirmation of trend reversals.
3. Alerts:
— Set up alerts for buy and sell signals to receive notifications in real-time.
— Enable divergence alerts to be notified of potential trend reversals.
Conclusion
The RSI BB StdDev Signal Indicator is a comprehensive tool that combines the strengths of the RSI and Bollinger Bands to provide traders with more accurate and reliable signals. Whether you are a beginner or an experienced trader, this indicator can enhance your trading strategy by offering clear visual cues and customizable alerts.
Note
This indicator is provided with open-source code, allowing users to understand its logic and customize it further if needed. The detailed description and customizable settings ensure that traders of all levels can benefit from its unique features.
cá nhân//@version=5
strategy("Demo GPT - Supertrend", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100, commission_type=strategy.commission.percent, commission_value=0.1, slippage=3)
// Inputs
Periods = input.int(10, title="ATR Period")
src = input.source(hl2, title="Source")
Multiplier = input.float(3.0, title="ATR Multiplier", step=0.1)
changeATR = input.bool(true, title="Change ATR Calculation Method ?")
showSignals = input.bool(true, title="Show Signals ?")
highlighting = input.bool(true, title="Highlighter On/Off ?")
emaPeriod = input.int(50, title="EMA Period")
bbLength = input.int(20, title="Bollinger Bands Length")
bbMultiplier = input.float(2.0, title="Bollinger Bands Multiplier")
// ATR Calculation
atr2 = ta.sma(ta.tr, Periods)
atr = changeATR ? ta.atr(Periods) : atr2
// Supertrend Calculation
up = src - (Multiplier * atr)
up1 = nz(up , up)
up := close > up1 ? math.max(up, up1) : up
dn = src + (Multiplier * atr)
dn1 = nz(dn , dn)
dn := close < dn1 ? math.min(dn, dn1) : dn
trend = 1
trend := nz(trend , trend)
trend := trend == -1 and close > dn1 ? 1 : trend == 1 and close < up1 ? -1 : trend
// Bollinger Bands Calculation
basis = ta.sma(close, bbLength)
deviation = ta.stdev(close, bbLength)
upperBand = basis + (bbMultiplier * deviation)
lowerBand = basis - (bbMultiplier * deviation)
// Plot Supertrend and Bollinger Bands
upPlot = plot(trend == 1 ? up : na, title="Up Trend", style=plot.style_line, linewidth=2, color=color.green)
dnPlot = plot(trend == 1 ? na : dn, title="Down Trend", style=plot.style_line, linewidth=2, color=color.red)
plot(upperBand, title="Upper Band", color=color.blue, linewidth=1)
plot(lowerBand, title="Lower Band", color=color.blue, linewidth=1)
plot(basis, title="BB Basis", color=color.gray, linewidth=1)
// Buy and Sell Signals
buySignal = close > upperBand
sellSignal = close < lowerBand
if (buySignal and showSignals)
strategy.entry("Buy", strategy.long)
if (sellSignal and showSignals)
strategy.close("Buy")
// Highlighting
mPlot = plot(ohlc4, title="", style=plot.style_circles, linewidth=0)
longFillColor = highlighting ? (trend == 1 ? color.new(color.green, 90) : na) : na
shortFillColor = highlighting ? (trend == -1 ? color.new(color.red, 90) : na) : na
fill(mPlot, upPlot, title="UpTrend Highlighter", color=longFillColor)
fill(mPlot, dnPlot, title="DownTrend Highlighter", color=shortFillColor)
// Date Range Filter
startDate = input.time(timestamp("2018-01-01 00:00"), title="Start Date")
endDate = input.time(timestamp("2069-12-31 23:59"), title="End Date")
inDateRange = (time >= startDate and time <= endDate)
if not inDateRange
strategy.close_all()
EMA Crossover Strategy by QuanydexQuantdex EMA Crossover Strategy
The Quantdex EMA Crossover Strategy is a systematic approach to trading, leveraging exponential moving averages (EMAs) of varying periods—EMA (6), EMA (30), and EMA (200)—to identify trends, entries, and exits in the market.
Key Components:
EMA (6):
A short-term EMA that provides quick responses to price movements.
Used to capture immediate momentum shifts and signal potential trade entries.
EMA (30):
A medium-term EMA that acts as a filter to smooth out short-term fluctuations.
Helps identify intermediate trends and adds confirmation for trade signals.
EMA (200):
A long-term EMA that represents the overall trend direction.
Acts as a critical support/resistance level and helps avoid counter-trend trades.
Strategy Rules:
Bullish Entry:
EMA (6) crosses above EMA (30) while both are above the EMA (200).
Indicates a strong bullish momentum in a long-term uptrend.
Bearish Entry:
EMA (6) crosses below EMA (30) while both are below the EMA (200).
Confirms bearish momentum in a long-term downtrend.
Exit Rules:
Close the position when the EMA (6) crosses back below EMA (30) in a long trade or above EMA (30) in a short trade.
Advantages:
Provides clear trend identification with long-term confirmation from the EMA (200).
Reduces noise from short-term market fluctuations using the combination of EMA (30) and EMA (6).
Simple yet effective for swing and position traders.
This strategy, developed by Quantdex, combines robust technical indicators with proven backtesting performance, making it a reliable system for consistent trading results.
Bhushan Sir's Magical Gold LevelsYears of research and finding Bhushan sir found out some critical gold levels where PA reacts.
juber page with Buy/Sell Signalsuse this to earn much money it is the best EMA indicator among all indicators available on trading view charts
EMA Trend & Inside Bar | TuanVungTauEMA Trend & Inside Bar | TuanVungTau
This indicator combines the power of Exponential Moving Averages (EMA) and Inside Bar detection to provide traders with comprehensive tools for analyzing trends and key price patterns. Designed for both trend-following and price action traders, it enables precision in identifying market conditions and potential trade opportunities.
Key Features
EMA Trend Analysis:
Plots up to 5 customizable EMAs with adjustable lengths (default: EMA 10, 20, 50, 100, 200).
Provides a clear visual trend background based on the relationship between EMA 1, EMA 2, and EMA 3:
Green Background: Uptrend (EMA 1 > EMA 2 > EMA 3).
Red Background: Downtrend (EMA 1 < EMA 2 < EMA 3).
Gray Background: Neutral (No clear trend).
Custom Moving Average (MA):
Allows users to plot a custom moving average (EMA, SMA, WMA, VWMA) with user-defined length and color.
Inside Bar Detection:
Automatically detects Inside Bar candlestick patterns (candles with lower highs and higher lows compared to the previous candle).
Highlights detected Inside Bars on the chart with a customizable color.
EMA Cross Alerts:
Detects and marks crossover and crossunder events between all EMA pairs (e.g., EMA 1 crossing EMA 2).
Provides visual circles at crossover points to help traders identify key moments.
Alerts for Key Events:
Notifies traders when a trend starts (Uptrend or Downtrend) or when an Inside Bar forms.
Alerts can be configured to align with specific trading strategies.
User-Friendly Customization:
Toggle visibility and customize colors for each EMA.
Adjust trend colors and transparency to suit personal preferences.
Trading Ideas
Trend-Following Strategy: Utilize the trend background and EMA alignment to identify strong trends.
Entry Example: Enter long trades when the background is green and short trades when the background is red.
Inside Bar Breakout: Use detected Inside Bars as potential breakout points.
Entry Example: Place a buy stop above the high or a sell stop below the low of the Inside Bar.
Crossover Confirmation: Combine EMA crossovers with trend background for confirmation.
Entry Example: Look for EMA 1 crossing EMA 2 upwards during a green trend background for stronger signals.
This indicator offers powerful, customizable tools to suit a variety of trading styles, enhancing both analysis and execution.
Developed with precision and passion by TuanVungTau | nhattuan.com
