MACD Quality Confirmation Bipolar Index V2Indicator: MACD Quality Confirmation Bipolar Index (V2)
Overview
The MACD Quality Confirmation Bipolar Index V2 is a quantitative tool designed to solve the "False Signal" problem inherent in traditional MACD oscillators. Instead of merely showing momentum direction, this indicator filters MACD signals through a multi-dimensional Quality Engine that analyzes liquidity and price action efficiency.
Why Use This?
Standard MACD often produces "noisy" crossovers during low-volume consolidation or erratic price movements. This indicator assigns a "Quality Score" (0-100) to every move, visualized as a bipolar histogram.
Key Features
Liquidity Filtering (Volume Factor): Uses a percentile-based log-volume calculation over a 1-year lookback. It ensures that signals occurring on low institutional participation are suppressed.
Efficiency Scoring (Smoothness): Measures the ratio of candle body size to the total range. High-wick "erratic" price action reduces the score, while solid, trend-driven candles increase it.
Bipolar Visualization: * Positive Bars: Bullish momentum confirmed by high quality.
Negative Bars: Bearish momentum confirmed by high quality.
Bright Colors: Indicate "Strong Zones" (Score > 60), where price action and volume are in perfect sync.
Smart Crossover Labels: * Green/Red Triangles: High-quality crossovers (Score > 40).
Gray Triangles: Low-quality "noise" crossovers.
Yellow "!" Mark: A warning for extremely weak signals (Score < 20).
How to Trade
The Power Setup: Look for a Bullish Cross (Triangle) that coincides with a bar entering the Strong Zone (above 60). This indicates a high-conviction entry.
The Noise Filter: If you see a MACD crossover but the histogram remains in the "Active Zone" (below 40) or triggers a "!", exercise caution; the market may be ranging.
Trend Strength: Watch for increasing bar heights. If price moves higher but the Quality Score declines, it suggests a "hollow" trend prone to reversal.
Индикаторы и стратегии
Intraday Refuges/Shelters (RID)==========================================
RID (INTRADAY SHELTERS/REFUGES) INDICATOR
==========================================
*Fair warning: this may be more words than a humble, simple indicator truly
needs… but Claude insisted.
// ** INTRODUCTION ** //
RID (Intraday Shelters/Refuges) is a lightweight, fast, and easy-to-implement
indicator designed for monitoring price action on intraday timeframes — the same
ones used by institutional operators to execute their trades within each market session.
The indicator generates a framework of support and resistance levels automatically
calculated from the asset's Daily Opening Price (D.O.P.). These levels are established
using fixed percentages that have proven their effectiveness in institutional trading
for decades, constituting "textbook" references widely adopted by market professionals.
RID integrates as an optional module within our Weekly Shelters (RS) indicator, allowing
the operator to simultaneously control their weekly positions and, when conditions warrant,
move down to intraday operations without loading additional indicators or losing sight
of the higher timeframe.
// ** INDICATOR FUNDAMENTALS ** //
The foundation of RID rests on a proven market principle: the daily opening price acts
as a "psychological anchor" that influences participant behavior throughout the entire session.
Why does this method work?
• UNIVERSAL REFERENCE POINT: The daily opening price is objective data, visible to all
market participants simultaneously. Institutions, algorithms, and retail traders use it
as a common reference to calibrate their decisions.
• STANDARD PERCENTAGE LEVELS: The percentages used (0.382%, 1.0%, 1.5%, 2.0%, 2.5% and
extensions) are not arbitrary. They represent intraday volatility thresholds that have
historically acted as inflection points across multiple asset classes.
• SELF-FULFILLING PROPHECY EFFECT: When a critical mass of operators place orders at the
same percentage levels —whether for profit-taking, protective stops, or entries—
these levels become high-probability price reaction zones.
• INSTITUTIONAL RISK MANAGEMENT: Institutional trading desks frequently define their daily
loss limits and profit targets in percentage terms relative to the open. RID captures
this logic and makes it visible for retail operators.
The ±0.382% level deserves special mention: it's a derivation of the Fibonacci golden ratio
(0.382) applied to the intraday context, representing the first significant movement threshold
from the opening.
// ** INDICATOR OBJECTIVES ** //
1) Facilitate manual intraday trade execution by providing a framework of target prices
established under a scheme of mathematical certainty, eliminating subjectivity in
defining entries, exits, and stops.
2) Serve as a lightweight and modular tool, easily integrable —either as an overlay or
source code— with strategies and indicators specialized in intraday trade execution,
both manual and automated.
3) Provide a visual reference framework that allows the operator to quickly assess the
intraday market "temperature": Is price near a key support or resistance? Has it already
reached the session's typical movement target? Is it time to seek entries or protect profits?
// ** INDICATOR TECHNICAL FEATURES ** //
• 21 CONFIGURABLE LEVELS: 11 main levels (±0.382%, ±1.0%, ±1.5%, ±2.0%, ±2.5% and D.O.P.)
plus 10 extended levels (±3.0% to ±5.0%) for high volatility sessions. Each level can
be individually enabled or disabled according to operator needs.
• AUTOMATIC D.O.P. DETECTION: The indicator automatically identifies the start of each daily
session and captures the opening price without user intervention.
• CONFIGURABLE HISTORY LIMIT: Option to limit processing to the last N days (default: 3),
optimizing performance on very low timeframes (1m, 5m) where excess historical data can
slow down the chart.
• PROFESSIONAL VISUALIZATION: Labels with formatted price (thousands separators) and
percentage, placeable with configurable offset. The D.O.P. level (0%) is highlighted
with differentiated width.
• VERTICAL REFERENCE LINES: From D.O.P. to each level, facilitating visualization of the
percentage distance traveled.
• FULL CUSTOMIZATION: Colors, widths, line styles (solid, dashed, dotted), label opacity,
and forward extension fully adjustable.
• PRICE SCALE INTEGRATION: Levels can be displayed on the right margin of TradingView,
controllable from the indicator's Style tab.
• BAR REPLAY COMPATIBILITY: Works perfectly with Bar Replay for back-testing
intraday strategies.
• OPTIMIZED PERFORMANCE: Efficient architecture with persistent arrays and intelligent
updating, suitable for timeframes down to 1 minute.
// ** OPERATING INSTRUCTIONS ** //
INITIAL SETUP:
1) Load the indicator on a chart with 4H or lower timeframe (1H, 30m, 15m, 5m, 1m).
2) Enable "Limit history by days" and adjust "Maximum days to display" according to your needs:
• For scalping (1m-5m): 1-2 days
• For day trading (15m-1H): 2-3 days
• For intraday swing (4H): 3-5 days
OPERATIONAL USE:
3) Identify the D.O.P. (0% line): This is your central reference point for the session.
4) Observe current price position relative to levels:
• Price above D.O.P. → Session with bullish bias
• Price below D.O.P. → Session with bearish bias
5) Use levels as:
• ENTRIES: Look for reversal signals when price reaches S1-S5 (buys) or R1-R5 (sells)
• TARGETS: Set take-profits at the next resistance level (longs) or support (shorts)
• STOPS: Place protective stops beyond the immediate opposite level
PRACTICAL RULES:
6) The ±1.0% and ±2.0% levels are historically most respected; prioritize them.
7) If price exceeds ±2.5% from open, it might be time to take profits and close your position
or consider enabling extended levels (±3.0% to ±5.0%).
8) High volatility days (news, earnings): wait for price to respect at least one level
before trading in its direction.
9) Combine RID with other indicators from our ecosystem (RS, RMP, RLP/RLPS) to confirm level
confluence across multiple timeframes.
VISUAL OPTIMIZATION:
10) For clean charts: keep enabled only main levels (±0.382% to ±2.5%).
11) For detailed volatile asset analysis: also enable extended levels.
12) Adjust "Label margin" to prevent overlap with current price.
// ** INTEGRATION WITH OTHER SHELTER VALUE INDICATORS ** //
RID is part of a complete shelter-based analysis ecosystem we have developed:
• RLP (Long-Term Shelters): For automatic determination of the preponderant phase
of a Zigzag, which institutional investors choose as the base of a Fibo whose
levels calculate order placement projection over the following months and years.
• RLPS (Simplified Long-Term Shelters): Simplified version of RLP where known
coordinates of the preponderant phase are captured, obtained through own analysis
or automatically with the RLP indicator.
• RMP (Medium-Term Shelters): Provides psychological shelter and resistance levels
that institutional investors establish at the beginning of each year. They
constitute the main framework used by professionals to plan operations
throughout the year.
• RS (Weekly Shelters): For short-term tactical analysis (4H, 1H) based on selected
phases of one or two Zigzags that define Fibo tracing, over recent major and minor
degree pauses, whose levels take effect during the current and following weeks.
• RID (Intraday Shelters): This indicator. For intraday operations based on levels
calculated from daily opening price, designed for 4H or lower timeframes,
including scalping strategies.
By combining RID with RLP/RLPS, RMP and RS, a multilevel scaffolding is built that
allows trading with clarity on any time horizon, from minute positions to operations
projected over months and years.
// ** NOTES ** //
• All comments regarding detected errors and improvement suggestions are welcome and deeply appreciated. Your feedback helps us refine these tools.
• To our Hispanic speaking friends, we sincerely regret to inform you that we have not
included the Spanish translation in the published version, due to our latent concern
regarding the ambiguous rules about prohibitions on publishing indicators documented
or described in languages other than English.
• Sharing is motivating because there’s no better way to receive genuine feedback
of real acceptance.
• RECOMMENDED VALIDATION METHOD: Use TradingView's Bar Replay to verify, session by
session, how price of your favorite asset interacts with RID levels. This personal
validation will give you statistical confidence before incorporating the indicator
into your actual trading.
Happy hunting in this magnificent jungle!
Forex Visual Market ClockWhat it is
The Forex Visual Market Clock is a professional-grade session dashboard designed to help traders identify global liquidity cycles at a glance. Inspired by classic 24-hour market clocks, this indicator renders a persistent, high-contrast table on your chart that tracks market opens, closes, and the high-volume overlaps between the world's major financial hubs.
How it works
• Local Time Synchronization: The indicator translates global UTC market hours into your specific local timezone using IANA identifiers. This ensures that your "You Are Here" highlight (the white box) stays perfectly aligned with your actual wall clock.
• Automatic DST Management: The script natively handles Daylight Savings Time transitions for the selected local timezone, eliminating the need for manual GMT offset adjustments.
• Liquidity Visualization:
o Color-Coded Tracks: Each city is represented by a unique color-coded bar (Green for London, Orange for New York, Blue for Sydney, Yellow for Tokyo).
o Volume Peak Logic: A dedicated "VOLUME" row turns red during the London/New York overlap, signaling the period of highest historical volatility and liquidity.
• Engineered for Efficiency: Wrapped in barstate.islast logic, the script updates tick-by-tick without degrading chart performance, making it ideal for fast-paced M5 trading.
Inputs
• Local Timezone: A dropdown menu to select your region (e.g., America/Los_Angeles). This defines which hour the white "current time" box highlights.
• Display Corner: A layout setting to anchor the dashboard to any corner of your screen (Upper Left, Upper Right, Lower Left, or Lower Right).
• Visual Controls: Users can customize the opacity of the session bars and the thickness of the grey frame to suit their specific chart theme.
HTF CandlesThis indicator lets you visualize higher time frame (HTF) candles directly on a lower time frame chart.
It draws each HTF candle as a transparent box (the body) with wicks extending to the high and low. The boxes automatically update as each higher time frame candle forms and remain fixed once the candle closes.
You can choose any higher time frame (e.g., 1H, 4H, 1D) while trading on lower intervals (like 1m, 5m, 15m) to see key market structure and price zones.
Features:
Display candles from any higher time frame on your current chart.
Customizable colors for bullish and bearish candles.
Adjustable transparency, border and wick thickness.
History depth setting to control how many past HTF candles are displayed.
No repainting — candles stay fixed once closed.
Effort vs Result Context Overlay🔍 Effort vs Result Context Overlay (Tier-2)
Most intraday losses do not come from bad entries — they come from trading when effort no longer produces result.
Effort vs Result Context Overlay is a non-directional, standalone market context indicator designed to highlight moments of inefficiency, where price movement becomes unreliable due to absorption or exhaustion.
This script does NOT generate buy or sell signals.
Instead, it identifies high-risk environments where:
Volume and volatility expand
But price fails to make proportional progress
And follow-through deteriorates
🔴 What the red dot means
A red dot plotted directly on the price bar indicates:
Efficiency FAILURE
High effort with weak result and poor follow-through.
These moments often precede:
False breakouts
Failed continuations
Trapped traders
Short-term reversals or chop
The dot appears only once per event (state-locked), keeping the chart clean and focused.
🧠 How to use this indicator
Use it as a context filter, not an entry trigger. Best suited for intraday trading
When a red dot appears:
Avoid chasing moves
Reduce position size
Wait for clarity or structure reset
This tool is most powerful when used alongside momentum, structure, or trend indicators.
🚫 What this indicator is NOT
Not a trading strategy
Not a buy/sell signal generator
Not predictive on its own
It exists to answer one question: “Is this move still honest?”
⚠️ Disclaimer
This indicator is provided for educational and analytical purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and users are solely responsible for their trading decisions.
stelaraX - DPOstelaraX – DPO
stelaraX – Detrended Price Oscillator (DPO) is a cycle-based indicator designed to remove long-term trend components from price action. By isolating short- to medium-term price cycles, it helps traders focus on market rhythm and cyclical turning points rather than overall trend direction.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The Detrended Price Oscillator subtracts a displaced simple moving average from the current price. This displacement shifts the moving average back in time, effectively removing the dominant trend component.
Key principles:
* the lookback period defines the dominant cycle length
* the moving average is shifted backward by half the period plus one
* values above zero indicate price above the detrended mean
* values below zero indicate price below the detrended mean
* oscillations highlight cyclical highs and lows
The DPO is not designed to follow trends but to analyze price cycles and mean reversion behavior.
Visualization
The script plots:
* the DPO line in a separate indicator pane
* green coloring when values are above zero
* red coloring when values are below zero
* a zero reference line for cycle symmetry
This presentation makes cyclical expansions and contractions clearly visible.
Use case
This indicator is intended for:
* identifying cyclical market highs and lows
* timing entries and exits in ranging markets
* analyzing mean reversion behavior
* confirming cycle-based divergences
* supporting non-trend-following and oscillation strategies
It works best when used independently from trend indicators or alongside regime filters.
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
Palko Long 1 This confirms
RSI > 70
High Vol on 4HR
At least 2 1Hr candles have high vol
****** Need to check 15 min rule manually *****
stelaraX - ALMAstelaraX – ALMA
stelaraX – ALMA is a trend-following moving average designed to reduce lag while maintaining smooth price representation. It uses a Gaussian-weighted distribution to emphasize recent price data without the excessive noise often seen in faster averages.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The Arnaud Legoux Moving Average (ALMA) applies a Gaussian weighting scheme across a user-defined lookback period. Unlike traditional moving averages, it shifts the weighting curve using an offset parameter, allowing fine control over responsiveness and smoothness.
Key principles:
* the lookback period defines the smoothing horizon
* the offset controls the center of the Gaussian curve and thus the balance between lag and responsiveness
* the sigma parameter adjusts the width of the Gaussian distribution
* rising ALMA values indicate bullish trend momentum
* falling ALMA values indicate bearish trend momentum
The ALMA reacts faster to price changes than classic moving averages while remaining visually smooth and stable.
Visualization
The script plots:
* the ALMA line directly on the price chart
* dynamic color changes based on ALMA slope direction
* green coloring for rising ALMA values
* red coloring for falling ALMA values
This color-coded display provides immediate visual feedback on short-term trend direction and momentum shifts.
Use case
This indicator is intended for:
* identifying trend direction and trend changes
* acting as a dynamic support and resistance guide
* filtering entries in trend-following strategies
* confirming momentum in breakout or pullback setups
* replacing traditional moving averages with reduced lag
It integrates well with price action, structure-based systems, and AI-assisted chart analysis.
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
Put Spread Signals Daily v5 (NO ta.sum)//@version=5
indicator("Put Spread Signals Daily v5 (NO ta.sum)", overlay=true)
// Inputs
ma20Len = input.int(20, "MA20")
ma50Len = input.int(50, "MA50")
ma200Len = input.int(200, "MA200")
pullbackPct = input.float(0.01, "Pullback near MA20 (1%=0.01)", step=0.005)
minRedDays = input.int(1, "Min red days (last 5)", minval=0, maxval=5)
stopBelow200Pct = input.float(0.005, "Stop below MA200 %", step=0.0025)
// MAs
ma20 = ta.sma(close, ma20Len)
ma50 = ta.sma(close, ma50Len)
ma200 = ta.sma(close, ma200Len)
// Trend + pullback
bullTrend = close > ma50 and close > ma200 and ma50 > ma200
nearMA20 = close <= ma20 * (1 + pullbackPct)
// Red candle count last 5 bars (NO ta.sum)
red0 = close < open ? 1 : 0
red1 = close < open ? 1 : 0
red2 = close < open ? 1 : 0
red3 = close < open ? 1 : 0
red4 = close < open ? 1 : 0
redCount = red0 + red1 + red2 + red3 + red4
hasMinRed = redCount >= minRedDays
// Bounce
bounce = close > open and close > close
// Signals
enter = bullTrend and nearMA20 and hasMinRed and bounce
takeProfit = ta.crossover(close, ma20)
stopOut = close < ma200 * (1 - stopBelow200Pct)
// Plots
plot(ma20, "MA20", linewidth=2)
plot(ma50, "MA50", linewidth=2)
plot(ma200, "MA200", linewidth=2)
plotshape(enter, title="ENTER", style=shape.labelup, location=location.belowbar, text="ENTER", size=size.small)
plotshape(takeProfit, title="EXIT_TP", style=shape.labeldown, location=location.abovebar, text="TP", size=size.small)
plotshape(stopOut, title="EXIT_STOP", style=shape.labeldown, location=location.abovebar, text="STOP", size=size.small)
// Alerts
alertcondition(enter, title="ENTER Alert", message="ENTER: Trend up + pullback near MA20 + bounce. Consider selling put credit spread (30-45 DTE).")
alertcondition(takeProfit, title="EXIT TP Alert", message="EXIT TP: Price reclaimed MA20. Consider taking profit.")
alertcondition(stopOut, title="EXIT STOP Alert", message="EXIT STOP: Close below MA200 threshold. Consider closing/rolling.")
4 Bollinger BandsBuy bands are green with source high and MA type EMA and WMA.
Sell bands are red with source low and MA type EMA and WMA.
Multi-TF BB Oscillator DivergenceThis code useful for stock knowing ,IT WILL GIVE YOU ALERTS FOR SALE AND BUY STOCKS
Volume Weighted MACD (Bollinger style)This indicator implements a Volume-Weighted MACD inspired by John Bollinger’s approach.
Instead of using standard exponential moving averages, the MACD line is calculated with volume-weighted EMAs, giving more importance to price movements that occur with higher volume. The signal line remains a regular EMA of the VWMACD, preserving the classic MACD structure while adding volume confirmation.
How it works
Fast VWEMA = EMA(price × volume) / EMA(volume)
Slow VWEMA = EMA(price × volume) / EMA(volume)
VWMACD = Fast VWEMA − Slow VWEMA
Signal Line = Standard EMA of the VWMACD
Histogram = Difference between VWMACD and Signal
Purpose
The indicator helps answer a key question: Does volume support the trend?
If price moves are accompanied by strong volume, the VWMACD will reinforce the signal. If volume fades, underlying weakness becomes more visible.
Typical Use
Crossovers for timing entries and exits
Divergences to spot potential reversals
Histogram expansion/contraction to gauge momentum strength
This tool blends trend and momentum analysis with built-in volume weighting to reduce false signals caused by low-participation price moves.
EMA 9/15 RSI StrategyIf the 9 crosses over 15 or crosses down 15 add Keltner channel to find a tradable option selling setup
Al Brooks H2/L2 IndicatorWhat This Indicator Is
This is a price-action execution tool based on Al Brooks concepts.
Its job is not to find every H2 or L2 — it filters aggressively to show only the ones worth trading.
Think of it as answering one question in real time:
“Is this H2 / L2 good enough to take?”
What It Detects
1️⃣ H2 / L2 (Second-Entry Pullbacks)
H2 = second attempt up in a bull trend
L2 = second attempt down in a bear trend
Uses confirmed pivots, so signals do not repaint
2️⃣ A+ Signal Bar Quality
A signal only qualifies if the breakout bar is strong:
Adequate range relative to ATR
Large body
Close near the extreme
Optional follow-through confirmation
Weak bars are ignored.
3️⃣ Trend vs Trading Range Filter
The indicator skips trades in Trading Ranges by checking:
Flat EMA slope
Price chopping around the EMA
Heavy bar overlap
This removes the majority of low-probability H2/L2s.
4️⃣ Microchannel Suppression (Late Trends)
If the trend is overextended (tight microchannel):
H2/L2 signals are skipped
Prevents buying the top or selling the bottom
5️⃣ Wedges & Flags (Brooks Context)
When applicable, trades are tagged as:
W = Wedge pullback (3 pushes)
F = Flag (tight channel pullback)
W+F = both present
These are context tags, not extra signals.
What It Shows on the Chart
✅ Tradable Signals
UP → Long H2
DN → Short L2
Printed only when all filters pass
Clearly anchored to price
These are the only trades the script recommends.
🔔 Alerts
Alerts fire only on tradable setups
No alerts for skipped or marginal signals
Suitable for live execution
What It Does Not Do
It does not predict outcomes
It does not trade for you
It does not show every H2/L2
It intentionally removes most setups so you focus on quality, not frequency.
How to Trade With It (Recommended)
Only act on UP / DN labels
Confirm nearby support/resistance visually
Use Brooks-style risk:
Stop beyond signal bar
Skip trades near measured-move targets
Ignore everything else
Bottom Line
This indicator is a professional-grade Brooks execution filter.
It helps you:
Trade fewer setups
Avoid trading ranges
Avoid late trends
Focus on A+ second entries only
stelaraX - VWAPstelaraX – VWAP
stelaraX – VWAP is a volume-weighted price indicator designed to show the average traded price of an asset throughout the trading session. By incorporating volume into the calculation, it provides a more realistic view of fair value compared to simple price averages.
This indicator is part of the stelaraX ecosystem for clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The indicator calculates the Volume Weighted Average Price using the typical price (HLC3) and traded volume.
VWAP represents the average price at which the market has traded, weighted by volume, and is commonly used to assess whether price is trading at a premium or discount relative to fair value.
Optional deviation bands are calculated using the volume-weighted standard deviation around the VWAP. Two configurable band levels allow traders to measure statistical price extremes.
Visualization
The script plots:
* the VWAP line directly on the price chart
* optional upper and lower deviation bands
* two configurable deviation multipliers
The VWAP line serves as the central reference, while the bands highlight potential overextension zones above and below the average traded price.
Use case
This indicator is intended for:
* identifying fair value and premium or discount pricing
* intraday trend bias and mean reversion analysis
* dynamic support and resistance assessment
* trade filtering and execution alignment
* combining volume context with price structure
For traders who want to integrate volume-based analysis with modern AI-driven chart evaluation, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Keltner ChannelstelaraX – Keltner Channel
stelaraX – Keltner Channel is a volatility-based price channel indicator that combines an exponential moving average with the Average True Range to define dynamic upper and lower boundaries around price. The indicator is designed to highlight trend direction, volatility expansion, and potential breakout or mean reversion zones.
For advanced AI-based chart analysis and automated volatility interpretation, visit stelarax.com
Core logic
The indicator calculates the Keltner Channel using three components:
* an exponential moving average as the central basis line
* an upper band defined as EMA plus a multiple of ATR
* a lower band defined as EMA minus a multiple of ATR
Both the EMA period and ATR period are user-configurable, as well as the ATR multiplier, allowing precise control over channel width and sensitivity.
Visualization
The script plots:
* the EMA basis line
* the upper Keltner Channel band
* the lower Keltner Channel band
The area between the upper and lower bands can be filled with a semi-transparent color to clearly visualize the active volatility range. All colors are fully customizable for clean chart integration.
Use case
This indicator is intended for:
* trend-following and channel-based strategies
* identifying volatility expansion and contraction
* breakout and pullback analysis
* dynamic support and resistance evaluation
* combining volatility with trend direction
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Donchian ChannelstelaraX – Donchian Channel
stelaraX – Donchian Channel is a classic price channel indicator designed to track market extremes over a defined lookback period. The indicator highlights the highest high and lowest low, providing a clear view of price range, breakout levels, and trend strength.
For advanced AI-based chart analysis and automated range interpretation, visit stelarax.com
Core logic
The indicator calculates the Donchian Channel using a user-defined period:
* upper band represents the highest high over the selected period
* lower band represents the lowest low over the selected period
* middle line represents the midpoint between upper and lower bands
This structure allows traders to quickly identify range boundaries and directional bias.
Visualization
The script plots:
* the upper Donchian Channel line
* the lower Donchian Channel line
* a central midpoint line
The area between the upper and lower bands can be filled with a semi-transparent color to clearly visualize the active trading range. All colors are fully customizable.
Use case
This indicator is intended for:
* breakout and trend-following strategies
* identifying support and resistance ranges
* volatility and range expansion analysis
* channel-based trade management
* multi-timeframe range evaluation
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Bollinger BandsstelaraX – Bollinger Bands
stelaraX – Bollinger Bands is a classic volatility-based indicator designed to visualize price dispersion around a moving average. The script plots the Bollinger Bands directly on the chart, allowing traders to assess volatility, potential mean reversion zones, and dynamic support and resistance levels.
For advanced AI-based chart analysis and automated volatility interpretation, visit stelarax.com
Core logic
The indicator calculates Bollinger Bands using three core components:
* a simple moving average as the basis line
* an upper band calculated by adding a multiple of standard deviation
* a lower band calculated by subtracting a multiple of standard deviation
The period length and standard deviation multiplier are fully configurable, allowing adaptation to different markets and timeframes.
Visualization
The script plots:
* the basis moving average line
* the upper Bollinger Band
* the lower Bollinger Band
The area between the upper and lower bands can be filled with a semi-transparent color to clearly highlight the active volatility range. All colors are customizable for optimal chart integration.
Use case
This indicator is intended for:
* volatility analysis and expansion or contraction detection
* identifying overextended price conditions
* mean reversion and breakout strategies
* dynamic support and resistance analysis
* multi-timeframe volatility assessment
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
ATR% Z-Score Z-Score of ATR% measures price volatility intensity relative to its historical average to identify extreme panic.
