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ScalpingTrend Buy/SellScalpingTrend Buy/Sell Description: ScalpingTrend Buy/Sell is a simple and effective buy/sell indicator that works directly on the price chart. It is based on the classic WaveTrend oscillator and focuses solely on buy/sell signals. Signals are displayed with colored candles and optional icons for easy visualization: - Green candle / up arrow: Buy signal - Red candle / down arrow: Sell signal No complex indicators, histograms, or levels are shown, providing a clean and straightforward view of market signals. Features: - Buy/sell signals based on the ScalpingTrend - Optional icons displayed above/below bars - Candle color visualization for quick recognition - Simple and easy to use Inputs: - Longitud Del Canal (n1): ScalpingTrend channel length - Periodo Movil (n2): Moving average period - Reaccion En Cambio De Direccion: Signal reaction to direction changes - Solo Ventas en Sobre Compra / Solo Compras en Sobre Venta: Enable signals only in overbought/oversold zones - Nivel Sobre Compra / Nivel Sobre Venta: Overbought and oversold levels Warnings: - Signals are for technical analysis purposes only; not financial advice. - False signals may occur depending on trend and market conditions. - Risk management and proper stop-loss usage are recommended.
Индикатор Pine Script®
от UsdCopyTrading
Victoria Smart Overlay – EMA1/SMA3/SMA1Core Components: EMA 1 (Micro): fastest trend trigger SMA 3 (Short): trend confirmation SMA 1 (Base): structure guide Conditions and Actions: EMA1 crosses above SMA3 → Uptrend starting → Consider Calls / Long EMA1 crosses below SMA3 → Downtrend starting → Consider Puts / Short Price hugging SMA1 → Neutral zone → Wait for breakout Background Green → Confirmed Uptrend → Stay long or scalp Calls Background Red → Confirmed Downtrend → Stay short or scalp Puts Micro EMA + Heikin Ashi (Refined Swing Map) Purpose: Filters fake moves and identifies strong momentum runs. Use on 5m / 15m charts for intraday clarity. Signals and Actions: EMA1 > EMA3 > EMA5 → Micro-uptrend forming → Enter / hold Calls EMA1 < EMA3 < EMA5 → Micro-downtrend forming → Enter / hold Puts EMA lines tangled → No conviction → Wait 200-Day SMA rising → Macro bullish → Favor long trades 200-Day SMA falling → Macro bearish → Favor shorts
Индикатор Pine Script®
от selectingocean5
GROK ALTIN B2 ))GROK GOLD PRO V2 is a high-performance scalping strategy designed for XAUUSD on the 5-minute timeframe, operating with a fixed 1-lot position. It generates signals using EMA 9/21 crossover, RSI above/below 50, and volume spikes, while an ATR × 2.0 dynamic stop protects against volatility. Profits are locked in three steps (+$20, +$50, +$100), with each exit triggering real-time phone alerts showing entry, exit price, and profit. One pip movement equals $100 P&L. The strategy delivers a 92%+ win rate, average profit of +$4,432 per trade, and max drawdown of -$1,280. Simple, transparent, and fully automated.
Стратегия Pine Script®
от feritgerisgen
PSAR with ATR Trailing Stop + SMA Filter📈 Strategy Overview: PSAR + 6×ATR Trailing Stop with SMA Filter This strategy is built around the principle of “Cut the losers, let the winners run” — a disciplined, trend-following approach that combines the Parabolic SAR indicator with dynamic risk management and a Simple Moving Average (SMA) trend filter. 🔍 Strategy Logic Trend Filter Trades are only taken in the direction of the prevailing trend, defined by a user-selected SMA (default: 100). ✅ Long trades only when price is above the SMA ✅ Short trades only when price is below the SMA Entry Signal: A trade is triggered when the Parabolic SAR flips to the opposite side of the price bars, signaling a potential trend reversal. Stop Loss: The stop loss is dynamically set at 6×ATR from the entry price. This adapts to market volatility and is recalculated every bar — effectively acting as a trailing stop. Exit Logic: There is no fixed take profit. The trade remains open until the trailing stop is hit — allowing winners to run and losers to be cut quickly. Risk Management: Each trade risks 0.5% of total equity, ensuring consistent position sizing and capital preservation. 📊 Visual Elements PSAR dots mark trend direction changes SMA line shows the broader trend filter Trailing stop crosses (with 50% opacity) indicate the current stop level without cluttering the chart ⚙️ Customizable Inputs PSAR parameters: Start, Increment, Maximum ATR length and multiplier SMA length Risk percentage per trade This strategy is ideal for traders who want to stay aligned with the trend, automate disciplined exits, and avoid emotional decision-making. Clean, simple, and powerful. Wishing you calm and successful trades!
Стратегия Pine Script®
от kostastrovas
Trendy Bands + Reversal SignalsTrendy Bands + Reversal Signals This is a versatile and powerful TradingView indicator that combines a dual Bollinger Bands system with momentum-based reversal signals. It's designed to help traders identify the prevailing trend, potential volatility expansions/contractions, and key reversal points in the market. Core Concept: The indicator uses two sets of Bollinger Bands with different standard deviation settings to create a "band within a band" structure. This visual setup makes it easier to gauge trend strength and spot potential breakouts or breakdowns. Additionally, it calculates a custom momentum oscillator to generate early warnings for potential trend reversals.
Индикатор Pine Script®
от nasalgotrading
Rotating Messages (Rules or Motivational)This lightweight utility indicator allows you to display rotating custom text messages directly on your TradingView chart — perfect for reminders, trading rules, motivational quotes, or session notes. You can define multiple messages separated by semicolons (;) or new lines, and the indicator will automatically cycle through them based on time or bar count. Ideal for traders who want visual cues without cluttering the chart. ⚙️ Main Features ⏱ Time-based or bar-based rotation — switch messages every X seconds (real-time) or X bars (historical/backtest mode). 📍 Flexible positioning — choose between Top Right, Bottom Right, or Bottom Center. 📏 Vertical offset — move text up or down for perfect placement on your chart. 🎨 Custom styling — set text color, background color, border visibility, and text size. ✍️ Simple message input — enter your rules or quotes in a text box with support for multi-line messages.
Индикатор Pine Script®
от exozeon
0DTE Options - Iron Condor & ButterflyTo help options traders: Plan and structure Iron Condor or Butterfly spreads in “Setup Mode.” Track live trades, including P&L, breach risk, and strike distances, in “Live Mode.” Visualize the trade on the price chart with profit zones, breakeven lines, strike markers, and alerts. Evaluate market conditions using IV Rank, ATR-based range modeling, and modeled Delta approximation. Essentially, it turns your TradingView chart into an options risk graph + planning terminal. ⚙️ Core Modes of Operation 🧱 1. Setup Mode Used for planning new trades. It automatically suggests strikes based on: ATR (volatility proxy) IV Rank Target Delta Chosen risk tier (High / Mid / Low / Delta) You can: Preview recommended short and long strikes. See estimated credit, width, and risk/reward ratios in a setup table. Auto-feed these calculated strikes into the Live Mode to track them later. Example Use: Before market open, choose Setup Mode → Mid Risk Tier → see what strike widths and credits make sense for the day. 📈 2. Live Mode Used to track real trades you’ve already opened. You can: Paste your real trade data (strikes, credits, etc.) into the 📋 paste field. Or auto-feed from Setup Mode (if “Auto-Feed” is enabled). The indicator then plots: Short/long strikes Breakevens Profit/loss zone Real-time breach detection and delta drift Alerts when price nears your strikes or exits your safe zone. Example Use: After opening an Iron Condor on SPX, paste in 626,628,620,618,1.20,1, and the chart visually shows your safe range and warning zones. 🧮 Built-In Calculations 1. IV Rank (Volatility Environment) Uses a 20-day log return volatility model to calculate IV Rank (percentile of volatility over the last 252 bars). You can use this automatically or manually override it if you have data from your broker. → High IV Rank (>50) = better for selling Iron Condors (more premium). 2. ATR (Average True Range) Measures short-term volatility to estimate expected daily price movement. Used in Setup Mode to model distance between strikes. 3. Strike Calculations (Setup Mode) Based on risk tier: High Risk → wide wings, high credit, high potential drawdown Mid Risk → balanced setup Low Risk → narrow wings, safer but less credit Delta Mode → based purely on target delta (e.g., 0.20) Uses ATR × multiplier to determine how far short strikes should be from current price. 4. Credit Estimation Based on strike width × IV Rank multiplier: IV > 50 → 30% of width IV 30–50 → 25% IV < 30 → 20% 5. Profit & Loss Modeling The indicator computes: Max Profit: Iron Condor → credit × 100 × contracts Butterfly → (wing width − debit) × 100 × contracts Max Loss: Iron Condor → width − credit Butterfly → debit × 100 × contracts Breakevens: Iron Condor → short strikes ± credit Butterfly → body ± debit Current P&L: Approximated by where the underlying is relative to the short/long strikes. 6. Delta Modeling Estimates each short strike’s modeled delta based on how far it is from current price. Displays total delta balance to show directional bias. If Delta drifts too high → market imbalance → consider rolling or adjusting. 7. Breach Detection System Automatically classifies your trade as: 🟢 In Range: Price between short strikes (safe zone). 🟠 Near Breach: Price close to short strike (risk zone). 🔴 Breached: Price outside long strike (stop or adjust zone). This dynamically changes color in your profit box and info label. 🎨 Visual Components Element Meaning Color Red Line Put side strikes 🔻 Red Green Line Call side strikes 🔺 Green Yellow Dotted Lines Breakevens 🟡 Yellow Green Box Profit zone 🟩 Light green Orange Box Adjustment zone (near breach) 🟧 Orange Red Box Breach zone 🟥 Red White Line Current price ⚪ White Optional labels display strike details and distances (e.g., “📉 Short Put: 620 – 5 pts away”). 📊 Setup Table (Setup Mode Only) Displays a grid comparing all risk tiers: Tier Short Call Short Put Width Est. Credit R:R High 632 614 4.0 $1.20 0.43 Mid 630 616 3.0 $0.90 0.43 Low 628 618 2.0 $0.60 0.43 Highlighted row = selected risk tier. This lets you compare how wide/narrow each setup is before committing to a trade. 🧾 Info Box (Live Mode) Displays real-time stats such as: 🔶 IRON CONDOR | 1 Contract 📊 Calls: 626 / 628 | Puts: 620 / 618 💵 Credit: $1.20 | 💰 Profit: $120 | 🔴 Loss: $180 ⬆️ BE: 627.2 | ⬇️ BE: 618.8 📍 Current: $623 | 💵 P&L: +$35.00 (+29.1%) 📏 To Short Call: 3 | To Short Put: 3 📊 Delta: 0.05 | IV Rank: 56% (FAVORABLE) 🔴 BREACH STATUS: In Range 🚨 Alerts The indicator generates TradingView alerts for: ⚠️ Approaching Call Zone → nearing short call ⚠️ Approaching Put Zone → nearing short put 🛑 Stop Loss Triggered → current P&L exceeds loss threshold 🟠 Near Breach → price entering adjustment zone 🔴 Breached → price outside protection (long strikes) These alerts can be used with TradingView notifications or webhooks. 🧠 How to Use It Step-by-Step A. Planning (Setup Mode) Set mode to “Setup.” Adjust: Risk Tier (High / Mid / Low / Delta) Target Delta (0.15–0.30 recommended) Strike Interval (e.g., 1.0 or 5.0) Check Setup Table → see suggested strikes & credits. Optionally toggle Auto-Feed → Live to send to live mode later. B. Executing (Broker) Confirm and enter your trade in your brokerage (use the strikes shown). Record your strikes, net credit/debit, and number of contracts. C. Tracking (Live Mode) Switch to “Live” mode. Paste your strikes in the 📋 Paste Data field: Iron Condor Example: 626,628,620,618,1.20,1 Butterfly Example: 600,620,640,2.50,2 The chart updates: Lines = your strikes Boxes = profit/risk zones Labels = strike info, distance to price Info box = P&L, delta, IV rank, breach status Set alerts for automatic notifications. D. Managing the Trade When the chart turns orange or red, you’re approaching or breaching a strike. Use this signal to roll, hedge, or close your trade. Monitor Gamma Risk: warning appears when price nears short strikes (explosive delta risk). 📌 Summary Feature Description Mode Switching Plan (Setup) or Track (Live) IV Rank & ATR Modeling Estimates volatility environment Auto Strike Planning Suggests strikes based on risk/delta Visual Range Map Profit, breakeven, and adjustment zones Real-Time Alerts Warns when nearing or breaching strikes Trade Info Box Displays live risk, reward, delta, IV, and P&L Setup Table Compares setups across risk tiers Fully Configurable Works for Iron Condors or Butterflies
Индикатор Pine Script®
от Prospecttrades
2
Hybrid Linear Regression Channel with Fibonacci LevelsHow to Use the LRC Fib Hybrid Indicator (Detailed Guide) 1. Read the Trend 2.The thick blue line is the linear regression midline. If it’s sloping upward → uptrend (favor longs). If sloping downward → downtrend (favor shorts). The gray channel bounds are ±2 standard deviations (adjustable). 3. Understand Fibonacci Levels Fib lines are projected parallel to the regression slope using the channel width as 100%: Red dashed lines (0.0 to 0.786): Support zones in uptrends. Blue dashed line (0.5): Midline/neutral. Green dashed lines (1.0 to 2.618): Resistance zones in downtrends. Strongest levels: 0.618 (support) and 1.618 (resistance). 4. Buy Signal (Long Entry) Triggered when: Midline is rising (uptrend confirmed). Price crosses above a red Fib level (0.0–0.786). Volume > 20-period average (if confirmation enabled). Action: Enter long on the green triangle (▲). Stop Loss: Below the lower gray channel or recent swing low. Take Profit: At 1.0, 1.272, or 1.618 green Fibs. 5. Sell Signal (Short Entry) Triggered when: Midline is falling (downtrend). Price crosses below a green Fib level (1.272–2.618). Volume > average. Action: Enter short on the red triangle (▼). Stop Loss: Above the upper gray channel. Take Profit: At 1.0, 0.786, or 0.618 red Fibs. 6. Use the Info Table (Bottom-Right) Shows live prices of all Fib levels, current trend ("Up"/"Down"), and signal status ("BUY"/"SELL"/"None"). 7. Customize via Settings (Gear Icon) Regression Length: 50–200 (shorter = faster response). Std Dev Multiplier: 1.5–3.0 (tighter/wider channel). Toggle Fibs: Hide unused levels to declutter. Volume Confirmation: Turn off for pure price action. 8. Set Alerts Right-click chart → Add Alert → Select "Buy Signal" or "Sell Signal" → Enable popup/email/webhook. 9. Best Practices Best in trending markets (avoid chop). Wait for volume spike on bounce. Combine with higher timeframe bias. Use 0.618/1.618 as primary reversal zones. This indicator gives you adaptive trend, precise entries, volume filter, and dynamic targets — all in one clean overlay.
Индикатор Pine Script®
от chuckb504
Turtles StrategyBorn from the 1980s "Turtle" experiment, this method of trading captures breakouts and places or closes trades with intrabar entries or exits and realized-equity risk controls. How It Works The strategy buys/sells on breakouts from recent highs/lows, using ATR for volatility-adjusted stops and sizing. It risks a fixed % (default 1%) of realized equity per trade—initial capital plus closed P&L, ignoring open positions for conservatism. Drawdown protection auto-reduces risk by 20% at 10% drops (up to three times), resetting only on full peak recovery. Single positions only, with 1-tick slippage simulated for realistic fills. Best for trending assets like forex,commodities, crypto, stocks. Backtest for optimal parameters. Main Operations The strategy works on any timeframe but it's meant to be used on daily charts. Entry Signals: Long: Buy-stop 1 tick above 20-bar high (default "Entry Period") when no position—enters intrabar on breakout. Short: Sell-stop 1 tick below 20-bar low. OCA cancels opposites. Size: (Realized equity × adjusted risk %) ÷ (2× ATR stop distance), scaled by point value. Exit Signals: Longs: Stop at tighter of (entry - 2× ATR) or (10-bar low - 1 tick trailing, default "Exit Period"). Shorts: Stop at tighter of (entry + 2× ATR) or (10-bar high + 1 tick trailing). Locks profits in trends, exits fast on fades. Risk Controls: Tracks realized equity peak. 10% drawdown: Risk ×0.8; 20%/30%: Further ×0.8 (max 3x). Full reset above peak—preserves capital in slumps.
Стратегия Pine Script®
от nepo123
[Asian Range + Sweeps]Main Features Asian Range (S2) — fully configurable session band (start/end, hour:minute) with automatic detection and visual high/low markers. HOD/LOD (S1) — adaptive cutoff logic for Forex vs Indices, with optional manual override. Gap Correction — optional true HOD/LOD detection using a 1-minute base with overnight gap adjustment. Sweep Detection — real-time alerts for S1 and S2 sweeps, with independent cooldown control to avoid duplicate signals. Visual Controls — customizable colors, line thickness, and transparency. KeepDays Setting — allows you to manage how many past session drawings are preserved on the chart
Индикатор Pine Script®
от mariniuk
KKTT V9Description for Publication Order Flow + Opening Range Trend Dashboard Combo This indicator combines Cumulative Volume Delta (CVD) momentum, Opening Range breakout levels, and a Multi-Timeframe Trend Dashboard to provide a complete intraday market view. Features: CVD Momentum (Order Flow): Detects real buying/selling pressure by tracking cumulative delta between bullish and bearish candles. Buy signal → when CVD crosses above its EMA, price above EMA200, and volume above average. Sell signal → when CVD crosses below its EMA, price below EMA200, and volume above average. Opening Range Levels: Automatically marks the key session opening price, upper breakout (Buy Line), and lower breakout (Sell Line). Helps identify potential breakout zones for major sessions (e.g., Asia, Europe, US). Trend Dashboard: Displays the trend status for multiple timeframes (D1, H4, H1, H15). Green → Uptrend Red → Downtrend Orange → Sideways Use this dashboard to align intraday signals with higher-timeframe trends. Usage Tips: Prioritize buy signals when higher-timeframe trends are bullish. Prioritize sell signals when higher-timeframe trends are bearish. Combine with support/resistance zones for better confirmation. This script provides a clear visualization of order flow strength, market structure, and session volatility — ideal for traders who want to capture directional moves with strong momentum confirmation.
Индикатор Pine Script®
от thaikosovo
VMMA Wave Edges [MTF]The VMMA Wave Edges is a multi-timeframe (MTF) overlay indicator that plots dynamic upper and lower edges formed by a band of Volume-Weighted Moving Averages (VWMAs) of varying lengths. It computes N VWMAs with lengths increasing arithmetically from start_len by incr, then plots:The maximum of all VWMAs → Upper Edge The minimum of all VWMAs → Lower Edge These edges are calculated on a higher timeframe (mtf_tf) and projected onto the current chart, creating a smooth, volume-sensitive envelope that adapts to volatility and trend strength.Use & InterpretationFeature Purpose Upper Edge Dynamic resistance zone; price often reacts when approaching or breaking above. Lower Edge Dynamic support zone; price tends to bounce or consolidate near it. Edge Contraction Low volatility → potential breakout setup. Edge Expansion High volatility → trend continuation or exhaustion. MTF Projection Avoids repainting & noise by using cleaner higher-timeframe data. Trading ApplicationsMean ReversionBuy near Lower Edge, sell near Upper Edge (especially in ranging markets). Breakout ConfirmationPrice closing above Upper Edge on MTF → bullish breakout. Below Lower Edge → bearish. Trend FilterIn uptrend: price above Upper Edge → strong momentum. In downtrend: price below Lower Edge → strong bearish control. Support/Resistance FlipBroken Upper Edge → becomes future support (and vice versa).
Индикатор Pine Script®
от surfchaser
ORB + Liquidity Sweeps**Title:** ORB + Liquidity Sweeps **Description:** The **“ORB + Liquidity Sweeps”** indicator combines the *Opening Range Breakout (ORB)* model with dynamic *liquidity sweep detection* to identify high-probability reversal or continuation setups during key session periods. This script visually maps where price sweeps liquidity at highs/lows and tracks how those sweeps interact with the defined ORB range — offering clear, data-driven confluence zones for professional intraday execution. --- ### 🔹 FEATURES OVERVIEW **1. Liquidity Sweeps ** * Detects **bullish** and **bearish liquidity grabs** using swing highs/lows based on user-defined pivot length. * Supports three detection modes: * **Only Wicks:** Marks when price pierces a level with a wick and rejects. * **Only Outbreaks & Retest:** Confirms full breaks and retests. * **Wicks + Outbreaks & Retest:** Combines both behaviors for full context. * Automatically shades sweep zones and extends them until price mitigates or breaks through. * Visuals: * 🟩 **Bullish sweeps** = green wick/zone * 🟥 **Bearish sweeps** = red wick/zone * Configurable color transparency, max bar extension, and style options. * Generates real-time **alerts** for each sweep: * `🔼 Bullish Wick Sweep detected` * `🔽 Bearish Wick Sweep detected` --- **2. Opening Range Breakout (ORB)** * Automatically defines the **Opening Range** using a customizable session window (default: *09:30–09:45 EST*). * Tracks **ORB High** and **ORB Low** in real time. * Displays the range only on intraday charts within the selected time window. * Sends breakout alerts: * `ORB Breakout Up` → Price crosses above ORB high. * `ORB Breakout Down` → Price crosses below ORB low. * Ideal for identifying initial volatility expansion zones and potential directional bias for the session. --- **3. ORB–Liquidity Sweep Interaction** * Highlights when **liquidity sweep zones overlap or touch the ORB range**, signaling a high-interest confluence zone. * Issues alerts when interaction occurs: * `Bull Sweep interacts with ORB` * `Bear Sweep interacts with ORB` * Useful for traders looking to align **liquidity events with session structure** to time entries. --- **4. Built-in Alert System** All alerts are pre-configured and can be activated directly from the TradingView “Add Alert” menu: * **Bullish Wick Sweep** * **Bearish Wick Sweep** * **ORB Breakout Up** * **ORB Breakout Down** * **Bull Sweep interacts with ORB** * **Bear Sweep interacts with ORB** --- ### ⚙️ HOW TO USE 1. **Add to Chart:** Apply on any intraday timeframe (preferably 1–15 min). 2. **Configure ORB Window:** Set the session start and duration (e.g., `09:30–09:45`options , 08:30 -08:45 futures ) for your trading region. 3. **Select Sweep Mode:** Choose from “Only Wicks,” “Only Outbreaks & Retest,” or “Wicks + Outbreaks & Retest.” 4. **Watch for Confluence:** * A **sweep near ORB levels** often signals exhaustion or potential reversal. * A **breakout through ORB following a sweep** suggests momentum continuation. 5. **Set Alerts:** Enable relevant alerts for automatic notifications when sweeps or ORB breaks occur. --- ### 📊 TRADING APPLICATIONS * Identify **stop hunts** and **liquidity grabs** around ORB levels. * Combine with volume, delta, or order flow indicators for confirmation. * Use confluence zones (Sweep + ORB overlap) as **entry or take-profit** points. * Excellent for **index futures**, **forex**, and **high-volume equities** during the opening session. --- **Developed by:** SB **Category:** Price Action / Liquidity / Session Structure **Compatible Timeframes:** Intraday (1m–5m recommended) **Alerts Included:** ✅ **Overlay:** Yes **Version:** v6 --- *This tool is designed for advanced price-action traders who study liquidity behavior, ORB structure, and intraday expansion patterns.*
Индикатор Pine Script®
от samb817
Bull Bear Indicator# Bull Bear Indicator - TradingView Script Description ## Overview The Bull Bear Indicator is a powerful visual tool that instantly identifies market sentiment by coloring all candlesticks based on their position relative to a moving average. This indicator helps traders quickly identify bullish and bearish market conditions at a glance. ## Key Features ### 🎨 Visual Bull/Bear Identification - **Green Candles**: Price is at or above the moving average (Bullish condition) - **Red Candles**: Price is below the moving average (Bearish condition) - Complete candle coloring including body, wicks, and borders for maximum clarity ### 📊 Flexible Moving Average Options - **MA Type**: Choose between Simple Moving Average (MA) or Exponential Moving Average (EMA) - **Timeframe**: Select Weekly or Daily timeframe for the moving average calculation - **Customizable Period**: Adjust the MA/EMA period (default: 50) ### 📈 Smooth Moving Average Line - Displays a smooth blue moving average line on the chart - Automatically adapts to your selected timeframe and MA type - Provides clear visual reference for trend identification ## How It Works The indicator calculates a moving average (MA or EMA) based on your selected timeframe (Weekly or Daily). It then compares the current price to this moving average: - **Bull Market**: When price ≥ Moving Average → Candles turn **GREEN** - **Bear Market**: When price < Moving Average → Candles turn **RED** ## Configuration Options 1. **MA Type**: Choose "MA" for Simple Moving Average or "EMA" for Exponential Moving Average 2. **Timeframe**: Select "Weekly" for weekly-based MA or "Daily" for daily-based MA 3. **MA Period**: Set the number of periods for the moving average calculation (default: 50) ## Use Cases - **Trend Identification**: Quickly identify overall market trend direction - **Entry/Exit Signals**: Use color changes as potential entry or exit signals - **Multi-Timeframe Analysis**: Combine with different chart timeframes for comprehensive analysis - **Visual Clarity**: Reduce chart clutter while maintaining essential trend information ## Best Practices - Use Weekly MA for longer-term trend identification - Use Daily MA for shorter-term trend analysis - Combine with other technical indicators for confirmation - Adjust the MA period based on your trading style and timeframe ## Technical Details - Built with Pine Script v6 - Overlay indicator (displays on main chart) - Optimized for performance - Compatible with all TradingView chart types --- **Note**: This indicator is for educational and informational purposes only. Always conduct your own analysis and risk management before making trading decisions.
Индикатор Pine Script®
от mychaelgo