Probability: Bull/Bear Dominance | Ratio | Bar CountIntro
What's the probability of the next bar being red? How about green? Well, there are many ways to quantify the probability but I am presenting just one stupidly simple (but generally accurate) way to measure it.
Strangely... no one has done this before that I can find. I try to check if someone else has done it first (Pro Tip: Plz do this. We honestly don't need the 5 trillionth "MTF MAs" script.)
Indicator
Its a basic counting script, but the nice thing about this script is you choose the time range. It starts counting from a specified point of your choosing. It counts up the bull bars and bear bars separately.
Bull Bar = Close > Open
Bear Bar = Open > Close
You can look at them in sum or as a ratio of Green Bars : Red Bars
I know, it's almost too simple. But, here's some interesting food for thought from a layman to fellow laymen.
Analysis/Edge
Between the time of candle open and candle close, the price can do one of three things, close higher, close lower, or close equal to.
'Equal to' is rare on higher timeframes in liquid markets and it provides no useful information. Thus, we'll nix it for purposes of this conversation.
So boil it down. The next candle is going to be a red candle or a green candle.
It is popular to refer to the general probability of most candles as 50/50, with trader's mission in life being to seek an edge that tilts the probabilities slightly in their favor.
The truth is the odds are probably never actually 50/50, but knowing the precisely correct probability is unknowable, just like the accuracy of a weather forecast is inherently unknowable. What we're trying to do as traders is develop systems that give us predictive probabilistic outcomes that correspond with future realities based on various ways of measuring the market (most often heavily dependent on the past).
The reality is that the market can be measured in many, many different ways. The important thing is that you measure it in a way that is accurate, relevant, and universally applicable.
So look at this indicator here:
You start from a point in time on a chosen timeframe and you put red bars in the red column, green in the green column, and count them all up.
Then you make a ratio, in this case, Green : Red.
What the ratio shows you is the percentage of green bars compared to red bars . At the time of this screenshot, the 4h on the SPX starting from the 2020 bottom is showing a ratio of 1.2.
This means there have been 20% more green bars than there have been red bars.
Now there are 1,000 directions you can take this discussion. What is the overall volatility picture, the size of the red bars vs the green bars, what happens if you miss out on the 5 biggest green bars... so many more variables that you would need to take into account to develop a true edge from this idea. But, the bottom line fact (which is what I like about this) is that we can take this data and say with a certain level of confidence that on the SPX you have a 20% better shot at making money (otherwise stated there's a 60/40 chance) if you open a LONG trade at the beginning of a 4h candle than if you open a short.
That's useful information. One could argue that it's not a complete strategy in and of itself (although I bet it could be with a couple of additional parameters). But I can tell you, based on the 4h candles in the 2020 rally if you open a short, the deck is stacked against you from this perspective. And we can actually somewhat demonstrate this to be true for our dataset because we can look at the price history and see who likely made more money. The SPX is up 1000pts off the bottom. So, thus far, for this dataset, it rings true; Bulls have been doing way better in the latter part of 2020 than the bears.
Conclusion
Predictive systems with a small number of variables tend to be more robust than a system with many variables when applied to a complex system. I may keep updating this script if people like it and determine aspects like population vs sample size, confidence intervals, volatility, and exclusion of outliers. For now, this is just an opening foray into the basic idea of how we can establish an edge in the markets. It really can be this simple.
Thanks for Reading.
Поиск скриптов по запросу "西班牙人VS奥萨苏纳"
Bar Balance [LucF]Bar Balance extracts the number of up, down and neutral intrabars contained in each chart bar, revealing information on the strength of price movement. It can display stacked columns representing raw up/down/neutral intrabar counts, or an up/down balance line which can be calculated and visualized in many different ways.
WARNING: This is an analysis tool that works on historical bars only. It does not show any realtime information, and thus cannot be used to issue alerts or for automated trading. When realtime bars elapse, the indicator will require a browser refresh, a change to its Inputs or to the chart's timeframe/symbol to recalculate and display information on those elapsed bars. Once a trader understands this, the indicator can be used advantageously to make discretionary trading decisions.
Traders used to work with my Delta Volume Columns Pro will feel right at home in this indicator's Inputs . It has lots of options, allowing it to be used in many different ways. If you value the bar balance information this indicator mines, I hope you will find the time required to master the use of Bar Balance well worth the investment.
█ OVERVIEW
The indicator has two modes: Columns and Line .
Columns
• In Columns mode you can display stacked Up/Down/Neutral columns.
• The "Up" section represents the count of intrabars where `close > open`, "Down" where `close < open` and "Neutral" where `close = open`.
• The Up section always appears above the centerline, the Down section below. The Neutral section overlaps the centerline, split halfway above and below it.
The Up and Down sections start where the Neutral section ends, when there is one.
• The Up and Down sections can be colored independently using 7 different methods.
• The signal line plotted in Line mode can also be displayed in Columns mode.
Line
• Displays a single balance line using a zero centerline.
• A variable number of independent methods can be used to calculate the line (6), determine its color (5), and color the fill (5).
You can thus evaluate the state of 3 different components with this single line.
• A "Divergence Levels" feature will use the line to automatically draw expanding levels on divergence events.
Features available in both modes
• The color of all components can be selected from 15 base colors, with 16 gradient levels used for each base color in the indicator's gradients.
• A zero line can show a 6-state aggregate value of the three main volume balance modes.
• The background can be colored using any of 5 different methods.
• Chart bars can be colored using 5 different methods.
• Divergence and large neutral count ratio events can be shown in either Columns or Line mode, calculated in one of 4 different methods.
• Markers on 6 different conditions can be displayed.
█ CONCEPTS
Intrabar inspection
Intrabar inspection means the indicator looks at lower timeframe bars ( intrabars ) making up a given chart bar to gather its information. If your chart is on a 1-hour timeframe and the intrabar resolution determined by the indicator is 5 minutes, then 12 intrabars will be analyzed for each chart bar and the count of up/down/neutral intrabars among those will be tallied.
Bar Balances and calculation methods
The indicator uses a variety of methods to evaluate bar balance and to derive other calculations from them:
1. Balance on Bar : Uses the relative importance of instant Up and Down counts on the bar.
2. Balance Averages : Uses the difference between the EMAs of Up and Down counts.
3. Balance Momentum : Starts by calculating, separately for both Up and Down counts, the difference between the same EMAs used in Balance Averages and an SMA of double the period used for the EMAs. These differences are then aggregated and finally, a bounded momentum of that aggregate is calculated using RSI.
4. Markers Bias : It sums the bull/bear occurrences of the four previous markers over a user-defined period (the default is 14).
5. Combined Balances : This is the aggregate of the instant bull/bear bias of the three main bar balances.
6. Dual Up/Down Averages : This is a display mode showing the EMA calculated for each of the Up and Down counts.
Interpretation of neutral intrabars
What do neutral intrabars mean? When price does not change during a bar, it can be because there is simply no interest in the market, or because of a perfect balance between buyers and sellers. The latter being more improbable, Bar Balance assumes that neutral bars reveal a lack of interest, which entails uncertainty. That is the reason why the option is provided to interpret ratios of neutral intrabars greater than 50% as divergences. It is also the rationale behind the option to dampen signal lines on the inverse ratio of neutral intrabars, so that zero intrabars do not affect the signal, and progressively larger proportions of neutral intrabars will reduce the signal's amplitude, as the balance calcs using the up/down counts lose significance. The impact of the dampening will vary with markets. Weaker markets such as cryptos will often contain greater numbers of neutral intrabars, so dampening the Line in that sector will have a greater impact than in more liquid markets.
█ FEATURES
1 — Columns
• While the size of the Up/Down columns always represents their respective importance on the bar, their coloring mode is independent. The default setup uses a standard coloring mode where the Up/Down columns over/under the zero line are always in the bull/bear color with a higher intensity for the winning side. Six other coloring modes allow you to pack more information in the columns. When choosing to color the top columns using a bull/bear gradient on Balance Averages, for example, you will end up with bull/bear colored tops. In order for the color of the bottom columns to continue to show the instant bar balance, you can then choose the "Up/Down Ratio on Bar — Dual Solid Colors" coloring mode to make those bars the color of the winning side for that bar.
• Line mode shows only the line, but Columns mode allows displaying the line along with it. If the scale of the line is different than that of the scale of the columns, the line will often appear flat. Traders may find even a flat line useful as its bull/bear colors will be easily distinguishable.
2 — Line
• The default setup for Line mode uses a calculation on "Balance Momentum", with a fill on the longer-term "Balance Averages" and a line color based on the "Markers Bias". With the background set on "Line vs Divergence Levels" and the zero line on the hard-coded "Combined Bar Balances", you have access to five distinct sources of information at a glance, to which you can add divergences, divergences levels and chart bar coloring. This provides powerful potential in displaying bar balance information.
• When no columns are displayed, Line mode can show the full scale of whichever line you choose to calculate because the columns' scale no longer interferes with the line's scale.
• Note that when "Balance on Bar" is selected, the Neutral count is also displayed as a ratio of the balance line. This is the only instance where the Neutral count is displayed in Line mode.
• The "Dual Up/Down Averages" is an exception as it displays two lines: one average for the Up counts and another for the Down counts. This mode will be most useful when Columns are also displayed, as it provides a reference for the top and bottom columns.
3 — Zero Line
The zero line can be colored using two methods, both based on the Combined Balances, i.e., the aggregate of the instant bull/bear bias of the three main bar balances.
• In "Six-state Dual Color Gradient" mode, a dot appears on every bar. Its color reflects the bull/bear state of the Combined Balances, and the dot's brightness reflects the tally of balance biases.
• In "Dual Solid Colors (All Bull/All Bear Only)" a dot only appears when all three balances are either bullish or bearish. The resulting pattern is identical to that of Marker 1.
4 — Divergences
• Divergences are displayed as a small circle at the top of the scale. Four different types of divergence events can be detected. Divergences occur whenever the bull/bear bias of the method used diverges with the bar's price direction.
• An option allows you to include in divergence events instances where the count of neutral intrabars exceeds 50% of the total intrabar count.
• The divergence levels are dynamic levels that automatically build from the line's values on divergence events. On consecutive divergences, the levels will expand, creating a channel. This implementation of the divergence levels corresponds to my view that divergences indicate anomalies, hesitations, points of uncertainty if you will. It excludes any association of a pre-determined bullish/bearish bias to divergences. Accordingly, the levels merely take note of divergence events and mark those points in time with levels. Traders then have a reference point from which they can evaluate further movement. The bull/bear/neutral colors used to plot the levels are also congruent with this view in that they are determined by price's position relative to the levels, which is how I think divergences can be put to the most effective use.
5 — Background
• The background can show a bull/bear gradient on four different calculations. You can adjust its brightness to make its visual importance proportional to how you use it in your analysis.
6 — Chart bars
• Chart bars can be colored using five different methods.
• You have the option of emptying the body of bars where volume does not increase, as does my TLD indicator, the idea behind this being that movement on bars where volume does not increase is less relevant.
7 — Intrabar Resolution
You can choose between three modes. Two of them are automatic and one is manual:
a) Fast, Longer history, Auto-Steps (~12 intrabars) : Optimized for speed and deeper history. Uses an average minimum of 12 intrabars.
b) More Precise, Shorter History Auto-Steps (~24 intrabars) : Uses finer intrabar resolution. It is slower and provides less history. Uses an average minimum of 24 intrabars.
c) Fixed : Uses the fixed resolution of your choice.
Auto-Steps calculations vary for 24/7 and conventional markets in order to achieve the proper target of minimum intrabars.
You can choose to view the intrabar resolution currently used to calculate delta volume. It is the default.
The proper selection of the intrabar resolution is important. It must achieve maximal granularity to produce precise results while not unduly slowing down calculations, or worse, causing runtime errors.
8 — Markers
Six markers are available:
1. Combined Balances Agreement : All three Bar Balances are either bullish or bearish.
2. Up or Down % Agrees With Bar : An up marker will appear when the percentage of up intrabars in an up chart bar is greater than the specified percentage. Conditions mirror to down bars.
3. Divergence confirmations By Price : One of the four types of balance calculations can be used to detect divergences with price. Confirmations occur when the bar following the divergence confirms the balance bias. Note that the divergence events used here do not include neutral intrabar events.
4. Balance Transitions : Bull/bear transitions of the selected balance.
5. Markers Bias Transitions : Bull/bear transitions of the Markers Bias.
6. Divergence Confirmations By Line : Marks points where the line first breaches a divergence level.
Markers appear when the condition is detected, without delay. Since nothing is plotted in realtime, markers do not appear on the realtime bar.
9 — Settings
• Two modes can be selected to dampen the line on the ratio of neutral intrabars.
• A distinct weight can be attributed to the count of the latter half of intrabars, on the assumption that later intrabars may be more important in determining the outcome of chart bars.
• Allows control over the periods of the different moving averages used in calculations.
• The default periods used for the various calculations define the following hierarchy from slow to fast:
Balance Averages: 50,
Balance Momentum: 20,
Dual Up/Down Averages: 20,
Marker Bias: 10.
█ LIMITATIONS
• This script uses a special characteristic of the `security()` function allowing the inspection of intrabars—which is not officially supported by TradingView.
• The method used does not work on the realtime bar—only on historical bars.
• The indicator only works on some chart resolutions: 3, 5, 10, 15 and 30 minutes, 1, 2, 4, 6, and 12 hours, 1 day, 1 week and 1 month. The script’s code can be modified to run on other resolutions, but chart resolutions must be divisible by the lower resolution used for intrabars and the stepping mechanism could require adaptation.
• When using the "Line vs Divergence Levels — Dual Color Gradient" color mode to fill the line, background or chart bars, keep in mind that a line calculation mode must be defined for it to work, as it determines gradients on the movement of the line relative to divergence levels. If the line is hidden, it will not work.
• When the difference between the chart’s resolution and the intrabar resolution is too great, runtime errors will occur. The Auto-Steps selection mechanisms should avoid this.
• Alerts do not work reliably when `security()` is used at intrabar resolutions. Accordingly, no alerts are configured in the indicator.
• The color model used in the indicator provides for fancy visuals that come at a price; when you change values in Inputs , it can take 20 seconds for the changes to materialize. Luckily, once your color setup is complete, the color model does not have a large performance impact, as in normal operation the `security()` calls will become the most important factor in determining response time. Also, once in a while a runtime error will occur when you change inputs. Just making another change will usually bring the indicator back up.
█ RAMBLINGS
Is this thing useful?
I'll let you decide. Bar Balance acts somewhat like an X-Ray on bars. The intrabars it analyzes are no secret; one can simply change the chart's resolution to see the same intrabars the indicator uses. What the indicator brings to traders is the precise count of up/down/neutral intrabars and, more importantly, the calculations it derives from them to present the information in a way that can make it easier to use in trading decisions.
How reliable is Bar Balance information?
By the same token that an up bar does not guarantee that more up bars will follow, future price movements cannot be inferred from the mere count of up/down/neutral intrabars. Price movement during any chart bar for which, let's say, 12 intrabars are analyzed, could be due to only one of those intrabars. One can thus easily see how only relying on bar balance information could be very misleading. The rationale behind Bar Balance is that when the information mined for multiple chart bars is aggregated, it can provide insight into the history behind chart bars, and thus some bias as to the strength of movements. An up chart bar where 11/12 intrabars are also up is assumed to be stronger than the same up bar where only 2/12 intrabars are up. This logic is not bulletproof, and sometimes Bar Balance will stray. Also, keep in mind that balance lines do not represent price momentum as RSI would. Bar Balance calculations have no idea where price is. Their perspective, like that of any historian, is very limited, constrained that it is to the narrow universe of up/down/neutral intrabar counts. You will thus see instances where price is moving up while Balance Momentum, for example, is moving down. When Bar Balance performs as intended, this indicates that the rally is weakening, which does necessarily imply that price will reverse. Occasionally, price will merrily continue to advance on weakening strength.
Divergences
Most of the divergence detection methods used here rely on a difference between the bias of a calculation involving a multi-bar average and a given bar's price direction. When using "Bar Balance on Bar" however, only the bar's balance and price movement are used. This is the default mode.
As usual, divergences are points of interest because they reveal imbalances, which may or may not become turning points. I do not share the overwhelming enthusiasm traders have for the purported ability of bullish/bearish divergences to indicate imminent reversals.
Superfluity
In "The Bed of Procrustes", Nassim Nicholas Taleb writes: To bankrupt a fool, give him information . Bar Balance can display lots of information. While learning to use a new indicator inevitably requires an adaptation period where we put it through its paces and try out all its options, once you have become used to Bar Balance and decide to adopt it, rigorously eliminate the components you don't use and configure the remaining ones so their visual prominence reflects their relative importance in your analysis. I tried to provide flexible options for traders to control this indicator's visuals for that exact reason—not for window dressing.
█ NOTES
For traders
• To avoid misleading traders who don't read script descriptions, the indicator shows nothing in the realtime bar.
• The Data Window shows key values for the indicator.
• All gradients used in this indicator determine their brightness intensities using advances/declines in the signal—not their relative position in a fixed scale.
• Note that because of the way gradients are optimized internally, changing their brightness will sometimes require bringing down the value a few steps before you see an impact.
• Because this indicator does not use volume, it will work on all markets.
For coders
• For those interested in gradients, this script uses an advanced version of the Advance/Decline gradient function from the PineCoders Color Gradient (16 colors) Framework . It allows more precise control over the range, steps and min/max values of the gradients.
• I use the PineCoders Coding Conventions for Pine to write my scripts.
• I used functions modified from the PineCoders MTF Selection Framework for the selection of timeframes.
█ THANKS TO:
— alexgrover who helped me think through the dampening method used to attenuate signal lines on high ratios of neutral intrabars.
— A guy called Kuan who commented on a Backtest Rookies presentation of their Volume Profile indicator . The technique I use to inspect intrabars is derived from Kuan's code.
— theheirophant , my partner in the exploration of the sometimes weird abysses of `security()`’s behavior at intrabar resolutions.
— midtownsk8rguy , my brilliant companion in mining the depths of Pine graphics. He is also the co-author of the PineCoders Color Gradient Frameworks .
RedK_Directional Index / K xDMIHere's a modern take on the famous DMI/ADX. i first wrote this on another platform few years ago, so i'm happy to be able to share it on TradingView
quick refresher: what does DMI/ADX tell us:
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in simple terms, at the core of this indicator, there are 3 main calculations / lines: the Plus Directional Index ( +DI ) which represents how much the bulls are able to push the high of a bar compared to previous one, the Minus Directional Index ( -DI ), showing how much the bears are able to push the low of a bar from previous one, then the Average Directional index ( ADX ) line, which creates an oscillator of the +DI and -DI to represent the strength of a trend -- usually the lines will be colored accordingly (bulls = green, bears = red, and any different color for the ADX )
Similar to my version of the RSI , we take a classic concept, then use the computing and visualization "super powers" available to us today, to extend and improve on what those masters created in the past. I guess they sort of expected us to do exactly that :)
this "extended" version of DMI/ADX provides couple of highly needed features (in my opinion) -- let's explore:
trying as much as possible to avoid jargon - pls forgive me if i failed in some places.
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1 - the big change: the ability to visualize the ADX in a way that makes some more sense.
- the original calculation restricted the ADX to oscillate below zero - i'm sure they had a good reason to build it that way in the past - but to me, it becomes super hard to interpret what the ADX line means, especially when a negative trend (the bears) take over. by removing that restriction and allowing the ADX to oscillate up or down (and we're free to do that, so the indicator shows *us* what *we need* to see), we end up with an improved representation of the trend and the trend strength.
- also the original calculation applies a moving average (default 14 bars) of a moving average (another 14 of the Directional Indexes, which represent the strength of bulls vs bears) to calculate the ADX - that makes the ADX very "removed" from the base price values - i change that, and just smooth the initial +Di / -Di then calculate the ADX from there. again, this shows me the outcome of the (relatively) immediate moves.
2 - i use weighted average WMA () in all my averaging calculations .. i believe this type of average is the best to express the importance of recent days / bars vs the ones further in the past, compared to other averaging techniques
3 - ability to make the DMI volume-weighted .. but contrary to my RSI , this is not set by default.
4 - couple of options to view the unrestricted ADX (as an area or as histogram/columns .. which i call Vertical Bars) for improved visualization
other stuff:
5 - a "step" option for the ADX .. you can set the step option to an increment of, say 5 or 10. this is in case you prefer to see the trend more in "quality" terms - so the equivalent of weak, medium, strong, v. strong...etc -- since in reality, a number like 47.7683 doesn't really mean anything specific
6 - optional "strong trend" adjustable level
Settings & usage suggestion:
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i prefer to use the defaults (length = 7, smoothing = 3, ..etc) -- i believe these are more suitable to the much faster trading that we have now. you can review the comparison chart and see if this works for you, and adjust as you need.
from a "signal" standpoint, you can use the xDMI as you use the classic DMI/ADX, bulls (or bears) are in control when the corresponding DI line crosses the other going up, *AND* moving above the "strong trend" level that you can set as an extra filter (usually a value between 20 to 30), while ADX will show the quality/strength of the trend.
i suggest you also utilize this indicator with other trend / momentum confirmation methods, and additional analysis and not in isolation - as well as inspecting the prevailing / longer time frame to ensure you're acting in the direction of the broader move / trend.
the above chart includes a side-by-side comparison between our new xDMI with the classic DMI/ADX using the same settings - then we add at the bottom panel also the xDMI, but with my default (faster) settings and showing other visualization options that can be utilized - the Moving Averages on the top / price panel is just to help put the price movement into perspective in terms of trend and trend strength.
The code is open and commented - please feel free to use, share, comment & provide feedback. if you're a DMI fan, and you find this useful in your trading, i would be more than happy to hear about it
Good luck!
BEST Engulfing + Breakout StrategyHello traders
This is a simple algorithm for a Tradingview strategy tracking a convergence of 2 unrelated indicators.
Convergence is the solution to my trading problems.
It's a puzzle with infinite possibilities and only a few working combinations.
Here's one that I like
- Engulfing pattern
- Price vs Moving average for detecting a breakout
Definition
Take out the notebooks :) and some coffee (good for focus). I'm bullish in coffee
The engulfing pattern is a two-candle reversal pattern.
The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows.
The bullish Engulfing pattern appears in a downtrend and is a combination of one red candle followed by a larger green candle
The bearish Engulfing pattern appears in a downtrend and is a combination of one green candle followed by a larger red candle
Example: imgur.com
We're bored sir... what's the point of all this?
In summary, an engulfing is a pattern to track reversals. (the whole TradingView audience stands up now giving a standing ovation)
Adding the Price vs Moving average filters allows to track reversals with momentums (half of the audience collapsed because this is too awesome)
Ok sir... you picked up my interest
I included some cool backtest filters:
- date range filtering
- flexible take profit in USD value (plotted in blue)
- flexible stop loss in USD value (plotted in red)
All the best
Dave
BTC Volume absolute (fiat vs Tether vs futures)BTC volume split by fiat, Tether and futures in USD
fiat = COINBASE + BITFLYER + BITSTAMP + KRAKEN
Tether = BITFINEX + BINANCE + HUOBI + HITBTC
futures = BITMEX + BYBIT
Premium/Discount (Input)Used to show Contango or Backwardation in futures contracts vs spot price. You can input your own tickers so can technically can be used to compare anything.
* In this example I'm showing Okex Quarterly contract vs Okex spot index price because it showcases it better.
* If you are using this after 2019 the default setting will not work because I set it to Bitmex which does not currently have a "current contract in front" ticker available.
It should be fairly self explanatory, but just ask below if you have any questions.
Volume Profile Free Ultra SLI (100 Levels Value Area VWAP) - RRBVolume Profile Free Ultra SLI by RagingRocketBull 2019
Version 1.0
This indicator calculates Volume Profile for a given range and shows it as a histogram consisting of 100 horizontal bars.
This is basically the MAX SLI version with +50 more Pinescript v4 line objects added as levels.
It can also show Point of Control (POC), Developing POC, Value Area/VWAP StdDev High/Low as dynamically moving levels.
Free accounts can't access Standard TradingView Volume Profile, hence this indicator.
There are several versions: Free Pro, Free MAX SLI, Free Ultra SLI, Free History. This is the Free Ultra SLI version. The Differences are listed below:
- Free Pro: 25 levels, +Developing POC, Value Area/VWAP High/Low Levels, Above/Below Area Dimming
- Free MAX SLI: 50 levels, 2x SLI modes for Buy/Sell or even higher res 150 levels
- Free Ultra SLI: 100 levels, packed to the limit, 2x SLI modes for Buy/Sell or even higher res 300 levels
- Free History: auto highest/lowest, historic poc/va levels for each session
Features:
- High-Res Volume Profile with up to 100 levels (line implementation)
- 2x SLI modes for even higher res: 300 levels with 3x vertical SLI, 100 buy/sell levels with 2x horiz SLI
- Calculate Volume Profile on full history
- POC, Developing POC Levels
- Buy/Sell/Total volume modes
- Side Cover
- Value Area, VAH/VAL dynamic levels
- VWAP High/Low dynamic levels with Source, Length, StdDev as params
- Show/Hide all levels
- Dim Non Value Area Zones
- Custom Range with Highlighting
- 3 Anchor points for Volume Profile
- Flip Levels Horizontally
- Adjustable width, offset and spacing of levels
- Custom Color for POC/VA/VWAP levels, Transparency for buy/sell levels
WARNING:
- Compilation Time: 1 min 20 sec
Usage:
- specify max_level/min_level/spacing (required)
- select range (start_bar, range length), confirm with range highlighting
- select volume type: Buy/Sell/Total
- select mode Value Area/VWAP to show corresponding levels
- flip/select anchor point to position the buy/sell levels
- use Horiz Buy/Sell SLI mode with 100 or Vertical SLI with 300 levels if needed
- use POC/Developing POC/VA/VWAP High/Low as S/R levels. Usually daily values from 1-3 days back are used as levels for the current day.
SLI:
use SLI modes to extend the functionality of the indicator:
- Horiz Buy/Sell 2x SLI lets you view 100 Buy/Sell Levels at the same time
- Vertical Max_Vol 3x SLI lets you increase the resolution to 300 levels
- you need at least 2 instances of the indicator attached to the same chart for SLI to work
1) Enable Horiz SLI:
- attach 2 indicator instances to the chart
- make sure all instances have the same min_level/max_level/range/spacing settings
- select volume type for each instance: you can have a buy/sell or buy/total or sell/total SLI. Make sure your buy volume instance is the last attached to be displayed on top of sell/total instances without overlapping.
- set buy_sell_sli_mode to true for indicator instances with volume_type = buy/sell, for type total this is optional.
- this basically tells the script to calculate % lengths based on total volume instead of individual buy/sell volumes and use ext offset for sell levels
- Sell Offset is calculated relative to Buy Offset to stack/extend sell after buy. Buy Offset = Zero - Buy Length. Sell Offset = Buy Offset - Sell Length = Zero - Buy Length - Sell Length
- there are no master/slave instances in this mode, all indicators are equal, poc/va levels are not affected and can work independently, i.e. one instance can show va levels, another - vwap.
2) Enable Vertical SLI:
- attach the first instance and evaluate the full range to roughly determine where is the highest max_vol/poc level i.e. 0..20000, poc is in the bottom half (third, middle etc) or
- add more instances and split the full vertical range between them, i.e. set min_level/max_level of each corresponding instance to 0..10000, 10000..20000 etc
- make sure all instances have the same range/spacing settings
- an instance with a subrange containing the poc level of the full range is now your master instance (bottom half). All other instances are slaves, their levels will be calculated based on the max_vol/poc of the master instance instead of local values
- set show_max_vol_sli to true for the master instance. for slave instances this is optional and can be used to check if master/slave max_vol values match and slave can read the master's value. This simply plots the max_vol value
- you can also attach all instances and set show_max_vol_sli to true in all of them - the instance with the largest max_vol should become the master
Auto/Manual Ext Max_Vol Modes:
- for auto vertical max_vol SLI mode set max_vol_sli_src in all slave instances to the max_vol of the master indicator: "VolumeProfileFree_MAX_RRB: Max Volume for Vertical SLI Mode". It can be tricky with 2+ instances
- in case auto SLI mode doesn't work - assign max_vol_sli_ext in all slave instances the max_vol value of the master indicator manually and repeat on each change
- manual override max_vol_sli_ext has higher priority than auto max_vol_sli_src when both values are assigned, when they are 0 and close respectively - SLI is disabled
- master/slave max_vol values must match on each bar at all times to maintain proper level scale, otherwise slave's levels will look larger than they should relative to the master's levels.
- Max_vol (red) is the last param in the long list of indicator outputs
- the only true max_vol/poc in this SLI mode is the master's max_vol/poc. All poc/va levels in slaves will be irrelevant and are disabled automatically. Slaves can only show VWAP levels.
- VA Levels of the master instance in this SLI mode are calculated based on the subrange, not the whole range and may be inaccurate. Cross check with the full range.
WARNING!
- auto mode max_vol_sli_src is experimental and may not work as expected
- you can only assign auto mode max_vol_sli_src = max_vol once due to some bug with unhandled exception/buffer overflow in Tradingview. Seems that you can clear the value only by removing the indicator instance
- sometimes you may see a "study in error state" error when attempting to set it back to close. Remove indicator/Reload chart and start from scratch
- volume profile may not finish to redraw and freeze in an ugly shape after an UI parameter change when max_vol_sli_src is assigned a max_vol value. Assign it to close - VP should redraw properly, but it may not clear the assigned max_vol value
- you can't seem to be able to assign a proper auto max_vol value to the 3rd slave instance
- 2x Vertical SLI works and tested in both auto/manual, 3x SLI - only manual seems to work (you can have a mixed mode: 2nd instance - auto, 3rd - manual)
Notes:
- This code uses Pinescript v3 compatibility framework
- This code is 20x-30x faster (main for cycle is removed) especially on lower tfs with long history - only 4-5 sec load/redraw time vs 30-60 sec of the old Pro versions
- Instead of repeatedly calculating the total sum of volumes for the whole range on each bar, vol sums are now increased on each bar and passed to the next in the range making it a per range vs per bar calculation that reduces time dramatically
- 100 levels consist of 50 main plot levels and 50 line objects used as alternate levels, differences are:
- line objects are always shown on top of other objects, such as plot levels, zero line and side cover, it's not possible to cover/move them below.
- all line objects have variable lengths, use actual x,y coords and don't need side cover, while all plot levels have a fixed length of 100 bars, use offset and require cover.
- all key properties of line objects, such as x,y coords, color can be modified, objects can be moved/deleted, while this is not possible for static plot levels.
- large width values cause line objects to expand only up/down from center while their length remains the same and stays within the level's start/end points similar to an area style.
- large width values make plot levels expand in all directions (both h/v), beyond level start/end points, sometimes overlapping zero line, making them an inaccurate % length representation, as opposed to line objects/plot levels with area style.
- large width values translate into different widths on screen for line objects and plot levels.
- you can't compensate for this unwanted horiz width expansion of plot levels because width uses its own units, that don't translate into bars/pixels.
- line objects are visible only when num_levels > 50, plot levels are used otherwise
- Since line objects are lines, plot levels also use style line because other style implementations will break the symmetry/spacing between levels.
- if you don't see a volume profile check range settings: min_level/max_level and spacing, set spacing to 0 (or adjust accordingly based on the symbol's precision, i.e. 0.00001)
- you can view either of Buy/Sell/Total volumes, but you can't display Buy/Sell levels at the same time using a single instance (this would 2x reduce the number of levels). Use 2 indicator instances in horiz buy/sell sli mode for that.
- Volume Profile/Value Area are calculated for a given range and updated on each bar. Each level has a fixed length. Offsets control visible level parts. Side Cover hides the invisible parts.
- Custom Color for POC/VA/VWAP levels - UI Style color/transparency can only change shape's color and doesn't affect textcolor, hence this additional option
- Custom Width - UI Style supports only width <= 4, hence this additional option
- POC is visible in both modes. In VWAP mode Developing POC becomes VWAP, VA High and Low => VWAP High and Low correspondingly to minimize the number of plot outputs
- You can't change buy/sell level colors from input (only transparency) - this requires 2x plot outputs => 2x reduces the number of levels to fit the max 64 limit. That's why 2 additional plots are used to dim the non Value Area zones
- You can change level transparency of line objects. Due to Pinescript limitations, only discrete values are supported.
- Inverse transp correlation creates the necessary illusion of "covered" line objects, although they are shown on top of the cover all the time
- If custom lines_transp is set the illusion will break because transp range can't be skewed easily (i.e. transp 0..100 is always mapped to 100..0 and can't be mapped to 50..0)
- transparency can applied to lines dynamically but nva top zone can't be completely removed because plot/mixed type of levels are still used when num_levels < 50 and require cover
- transparency can't be applied to plot levels dynamically from script this can be done only once from UI, and you can't change plot color for the past length bars
- All buy/sell volume lengths are calculated as % of a fixed base width = 100 bars (100%). You can't set show_last from input to change it
- Range selection/Anchoring is not accurate on charts with time gaps since you can only anchor from a point in the future and measure distance in time periods, not actual bars, and there's no way of knowing the number of future gaps in advance.
- Adjust Width for Log Scale mode now also works on high precision charts with small prices (i.e. 0.00001)
- in Adjust Width for Log Scale mode Level1 width extremes can be capped using max deviation (when level1 = 0, shift = 0 width becomes infinite)
- There's no such thing as buy/sell volume, there's just volume, but for the purposes of the Volume Profile method, assume: bull candle = buy volume, bear candle = sell volume
P.S. I am your grandfather, Luke! Now, join the Dark Side in your father's steps or be destroyed! Once more the Sith will rule the Galaxy, and we shall have peace...
Hull MA and Candle crossHull MA vs price cossover . not 2 Hull MA's crossing, and also a price vs previous price crossover :
current price higher than previous = buy
current price lower than previous = sell
Price value set to OPEN to avoid repaint during candle
Volume Profile Free MAX SLI (50 Levels Value Area VWAP) by RRBVolume Profile Free MAX SLI by RagingRocketBull 2019
Version 1.0
All available Volume Profile Free MAX SLI versions are listed below (They are very similar and I don't want to publish them as separate indicators):
ver 1.0: style columns implementation
ver 2.0: style histogram implementation
ver 3.0: style line implementation
This indicator calculates Volume Profile for a given range and shows it as a histogram consisting of 50 horizontal bars.
It can also show Point of Control (POC), Developing POC, Value Area/VWAP StdDev High/Low as dynamically moving levels.
Free accounts can't access Standard TradingView Volume Profile, hence this indicator.
There are several versions: Free Pro, Free MAX SLI, Free History. This is the Free MAX SLI version. The Differences are listed below:
- Free Pro: 25 levels, +Developing POC, Value Area/VWAP High/Low Levels, Above/Below Area Dimming
- Free MAX SLI: 50 levels, packed to the limit, 2x SLI modes for Buy/Sell or even higher res 150 levels
- Free History: auto highest/lowest, historic poc/va levels for each session
Features:
- High-Res Volume Profile with up to 50 levels (3 implementations)
- 20-30x faster than the old Pro versions especially on lower tfs with long history
- 2x SLI modes for even higher res: 150 levels with 3x vertical SLI, 50 buy/sell levels with 2x horiz SLI
- Calculate Volume Profile on full history
- POC, Developing POC Levels
- Buy/Sell/Total volume modes
- Side Cover
- Value Area, VAH/VAL dynamic levels
- VWAP High/Low dynamic levels with Source, Length, StdDev as params
- Show/Hide all levels
- Dim Non Value Area Zones
- Custom Range with Highlighting
- 3 Anchor points for Volume Profile
- Flip Levels Horizontally
- Adjustable width, offset and spacing of levels
- Custom Color for POC/VA/VWAP levels and Transparency for buy/sell levels
Usage:
- specify max_level/min_level/spacing (required)
- select range (start_bar, range length), confirm with range highlighting
- select volume type: Buy/Sell/Total
- select mode Value Area/VWAP to show corresponding levels
- flip/select anchor point to position the buy/sell levels
- use Horiz SLI mode for 50 Buy/Sell or Vertical SLI for 150 levels if needed
- use POC/Developing POC/VA/VWAP High/Low as S/R levels. Usually daily values from 1-3 days back are used as levels for the current day.
SLI:
- use SLI modes to extend the functionality of the indicator:
- Horiz Buy/Sell 2x SLI lets you view 50 Buy/Sell Levels at the same time
- Vertical Max_Vol 3x SLI lets you increase the resolution to 150 levels
- you need at least 2 instances of the indicator attached to the same chart for SLI to work
1) Enable Horiz SLI:
- attach 2 indicator instances to the chart
- make sure all instances have the same min_level/max_level/range/spacing settings
- select volume type for each instance: you can have a buy/sell or buy/total or sell/total SLI. Make sure your buy volume instance is the last attached to be displayed on top of sell/total instances without overlapping.
- set buy_sell_sli_mode to true for indicator instances with volume_type = buy/sell, for type total this is optional.
- this basically tells the script to calculate % lengths based on total volume instead of individual buy/sell volumes and use ext offset for sell levels
- Sell Offset is calculated relative to Buy Offset to stack/extend sell after buy. Buy Offset = Zero - Buy Length. Sell Offset = Buy Offset - Sell Length = Zero - Buy Length - Sell Length
- there are no master/slave instances in this mode, all indicators are equal, poc/va levels are not affected and can work independently, i.e. one instance can show va levels, another - vwap.
2) Enable Vertical SLI:
- attach the first instance and evaluate the full range to roughly determine where is the highest max_vol/poc level i.e. 0..20000, poc is in the bottom half (third, middle etc) or
- add more instances and split the full vertical range between them, i.e. set min_level/max_level of each corresponding instance to 0..10000, 10000..20000 etc
- make sure all instances have the same range/spacing settings
- an instance with a subrange containing the poc level of the full range is now your master instance (bottom half). All other instances are slaves, their levels will be calculated based on the max_vol/poc of the master instance instead of local values
- set show_max_vol_sli to true for the master instance. for slave instances this is optional and can be used to check if master/slave max_vol values match and slave can read the master's value. This simply plots the max_vol value
- you can also attach all instances and set show_max_vol_sli to true in all of them - the instance with the largest max_vol should become the master
Auto/Manual Ext Max_Vol Modes:
- for auto vertical max_vol SLI mode set max_vol_sli_src in all slave instances to the max_vol of the master indicator: "VolumeProfileFree_MAX_RRB: Max Volume for Vertical SLI Mode". It can be tricky with 2+ instances
- in case auto SLI mode doesn't work - assign max_vol_sli_ext in all slave instances the max_vol value of the master indicator manually and repeat on each change
- manual override max_vol_sli_ext has higher priority than auto max_vol_sli_src when both values are assigned, when they are 0 and close respectively - SLI is disabled
- master/slave max_vol values must match on each bar at all times to maintain proper level scale, otherwise slave's levels will look larger than they should relative to the master's levels.
- Max_vol (red) is the last param in the long list of indicator outputs
- the only true max_vol/poc in this SLI mode is the master's max_vol/poc. All poc/va levels in slaves will be irrelevant and are disabled automatically. Slaves can only show VWAP levels.
- VA Levels of the master instance in this SLI mode are calculated based on the subrange, not the whole range. Cross check with the full range.
WARNING!
- auto mode max_vol_sli_src is experimental and may not work as expected
- you can only assign auto mode max_vol_sli_src = max_vol once due to some bug with unhandled exception/buffer overflow in Tradingview. Seems that you can clear the value only by removing the indicator instance
- sometimes you may see a "study in error state" error when attempting to set it back to close. Remove indicator/Reload chart and start from scratch
- volume profile may not finish to redraw and freeze in an ugly shape after an UI parameter change when max_vol_sli_src is assigned a max_vol value. Assign it to close - VP should redraw properly, but it may not clear the assigned max_vol value
- you can't seem to be able to assign a proper auto max_vol value to the 3rd slave instance
- 2x Vertical SLI works and tested in both auto/manual, 3x SLI - only manual seems to work
Notes:
- This code is 20x-30x faster (main for cycle is removed) especially on lower tfs with long history - only 2-3 sec load/redraw time vs 30-60 sec of the old Pro versions
- Instead of repeatedly calculating the total sum of volumes for the whole range on each bar, vol sums are now increased on each bar and passed to the next in the range making it a per range vs per bar calculation that reduces time dramatically
- hist_base for levels still results is ugly redraw
- if you don't see a volume profile check range settings: min_level/max_level and spacing, set spacing to 0 (or adjust accordingly based on the symbol's precision, i.e. 0.00001)
- you can view either of Buy/Sell/Total volumes, but you can't display Buy/Sell levels at the same time using a single instance (this would 2x reduce the number of levels). Use 2 indicator instances in horiz buy/sell sli mode for that.
- Volume Profile/Value Area are calculated for a given range and updated on each bar. Each level has a fixed length. Offsets control visible level parts. Side Cover hides the invisible parts.
- Custom Color for POC/VA/VWAP levels - UI Style color/transparency can only change shape's color and doesn't affect textcolor, hence this additional option
- Custom Width - UI Style supports only width <= 4, hence this additional option
- POC is visible in both modes. In VWAP mode Developing POC becomes VWAP, VA High and Low => VWAP High and Low correspondingly to minimize the number of plot outputs
- You can't change buy/sell level colors from input (only plot transparency) - this requires 2x plot outputs => 2x reduces the number of levels to fit the max 64 limit. That's why 2 additional plots are used to dim the non Value Area zones
- All buy/sell volume lengths are calculated as % of a fixed base width = 100 bars (100%). You can't set show_last from input to change it
- There's no such thing as buy/sell volume, there's just volume, but for the purposes of the Volume Profile method, assume: bull candle = buy volume, bear candle = sell volume
P.S. Gravitonium Levels Are Increasing. Unobtainium is nowhere to be found!
Links on Volume Profile and Value Area calculation and usage:
www.tradingview.com
stockcharts.com
onlinelibrary.wiley.com
Bitfinex Margin ComparisonDisplays the RSI of Longs vs Shorts from Bitfinex for most majors ( BTC , ETH, LTC, XRP, EOS, NEO).
Displays RSI of both longs and shorts to gauge the short term momentum of both while also showing the ratio of Longs vs Shorts as the background.
Premium ComparisonScript to display futures premium/discount vs basis; uses Bitmex XBTUSD 10.99% as basis vs XBTM18 and XBTU18 futures , but these are configurable.
ST_Trend_ReversalSTRONG TREND REVERSAL INDICATOR
The code is the percentage difference between the spot price of a given financial asset and its 200-day MA of that period. My standard setup is Daily, and I think it's got very good predictive power at that timeframe.
It can be read in two ways:
1. Values extremely above or below the 200-period MA present chances of buying/selling agains the prevailing trend.
2. Values closely above or below the 200-period MA are make-or-break market periods, where a medium-term trend becomes evident. Breaks above or below the MA are associated with strong chances of directional movements. But it's not fool-proof as false breaks have become commonplace nowadays.
Other way to use it is as confirmation of breakdowns: For example, an asset that loses its 200-day MA and then can't rally above it becomes exposed to steep losses afterwards.
It's also helpful to use in volatility trading: the closer the asset goes to its MA, the lower goes implied vol, and thus better opportiunities to be long volatility on those occasions where direction is hard to predict.
STRI = close/(200dMA)
Values over 100 indicate percentage premiums of spot vs its moving average.
Values below indicate percentage discounts of spot vs its moving average.
Ersoy-intersection(Kesisme)-Update-1website: www.ersoytoptas.com
Newspaper : tr.investing.com
hi , Friends
i wanna be someone who wants to help everyone
updated my script he published some time ago.
What happened?
* intersection When ever Bar Color Yellow Be
* Alarms to be more comprehensible
* Short and Long Days Choosing a Opportunities
* Source Opportunities
All Charts Usable( Example ;15,30,60 ... vs) and ALL MARKETS ( Stocks , forex , ... vs)
i strive to improve further
Easy to get
DEMA ATR Strategy [PrimeAutomation]⯁ OVERVIEW
The DEMA ATR Strategy combines trend-following logic with adaptive volatility filters to identify strong momentum phases and manage trades dynamically.
It uses a Double Exponential Moving Average (DEMA) anchored to ATR volatility bands, creating a self-adjusting trend baseline.
When the adjusted DEMA shifts direction, the strategy enters positions and scales out profit in phases based on ATR-driven targets.
This system adapts to volatility, filters noise, and seeks sustained directional moves.
⯁ KEY FEATURES
DEMA-Volatility Hybrid Filter
Uses Double EMA with ATR expansion/compression logic to form a dynamic trend baseline.
Directional Shift Entries
Entries occur when the adjusted DEMA flips trend (bullish crossover or bearish crossunder vs its past value).
Noise Reduction Mechanism
ATR range caps extreme moves and prevents false flips during choppy volatility spikes.
Multi-Level Take Profits
Targets scale out positions at 1×, 2×, and 3× ATR multiples in the trade direction.
Volatility-Adaptive Targets
ATR multiplier ensures profit targets expand/contract based on market conditions.
Single-Direction Exposure
No pyramiding; the strategy flips position only when trend shifts.
Automated Trade Finalization
When all profit targets trigger, the position is fully closed.
⯁ STRATEGY LOGIC
Trend Direction:
DEMA baseline is modified using ATR upper/lower envelopes.
• If the adjusted DEMA rises above previous value → Bullish
• If it falls below previous value → Bearish
Entry Rules:
• Enter Long when bullish shift occurs and no long position exists
• Enter Short when bearish shift occurs and no short position exists
Take Profit Logic:
3 partial exits for each trade based on ATR:
• TP1 = ±1× ATR
• TP2 = ±2× ATR
• TP3 = ±3× ATR
Profit distribution: 30% / 30% / 40%
Exit Conditions:
• Exit when all TPs hit (full scale-out if sum of all TPs 100%)
• Opposite trend signal closes current trade and opens new one
⯁ WHEN TO USE
Trending environments
Medium–high volatility phases
Swing trading and intraday trend plays
Markets that respect momentum continuation (crypto, indices, FX majors)
⯁ CONCLUSION
This strategy blends DEMA trend recognition with ATR-based volatility adaptation to generate cleaner directional entries and structured take-profit exits. It is designed to capture momentum phases while avoiding noise-driven false signals, delivering a disciplined and scalable trend-following approach.
SET Alpha Hunter (RS + Trend + Vol)SET Alpha Hunter (RS + Trend + Vol)
The ultimate "Alpha Stock" hunter. Identifies market leaders that outperform the SET index, filters for uptrends, and detects smart money volume. An All-in-One Indicator.
1. Concept & Philosophy
This indicator is specifically designed for the Thai Stock Market (SET). It combines the three most critical factors found in "Super Stocks" into a single view:
Relative Strength (RS): Note: This is NOT the standard RSI. This uses Mansfield Relative Strength to compare the stock's performance directly against the SET Index.
If the Market falls, but the Stock falls less (or rises) = Strong.
If the Market rises, and the Stock rises faster = Strong.
Trend: Filters only for stocks in a confirmed Stage 2 Uptrend (based on Mark Minervini’s Trend Template).
Volume: Detects abnormal buying pressure to confirm that "Smart Money" is accumulating.
2. How to Read the Indicator
The indicator is displayed as a sub-window below your price chart.
A. The Histogram (Bar Chart) - Strength vs. Market
Green Bars (> 0): The stock is Outperforming the SET. These are your primary candidates.
Red Bars (< 0): The stock is Underperforming the SET. These should generally be avoided.
Zero Line: The dividing line between strength and weakness. A crossover above zero indicates the stock is gaining leadership.
B. Green Background (Strong Zone Signal) - The Buy Signal
When the background of the indicator lights up in Bright Green, it indicates a "Convergence" of 4 powerful signals:
RS > 0: Stronger than the market.
RS Momentum: Strength is increasing.
Uptrend: Price is above EMA 50 > 150 > 200.
High Volume: Volume is > 1.5x the average.
This is the sharpest "Follow Buy" signal.
C. Dashboard (Top Right)
Provides a quick snapshot of the stock's health:
RS vs Market: Instantly tells you if it's Stronger or Weaker than the benchmark.
Trend Structure: Indicates if it's in a confirmed Uptrend or Correction.
Volume Flow: Alerts you when High Volume enters the stock.
3. Trading Strategy
Step 1 (Scan): Look for stocks where the Histogram is Green (Above Zero). This ensures you are looking at stocks with strong fundamentals relative to the market.
Step 2 (Entry): Wait for the Green Background Highlight. This confirms that volume is supporting the price breakout in an uptrend.
Step 3 (Avoid): Never buy a stock if the Histogram is Red, even if the price looks "cheap." These are laggards; when the market recovers, these stocks often stay flat or rise very slowly.
4. Settings
Benchmark Index: Default is SET. You can change this to SET50, mai, or sSET depending on your trading universe.
RS Lookback: Default is 52 weeks (1 Year) to analyze medium-to-long-term strength.
Pro Tips
Timeframe: Works best on Daily and Weekly charts.
Style: Ideal for Trend Following and CANSLIM traders looking for Market Leaders.
Confirmation: This tool filters for the best mathematical probabilities, but always confirm with Price Action (Support/Resistance) before executing a trade.
Dimagi72 Trend Suite (EMA/SMA + 52W + Cross Signals)Dimagi72 Trend Suite is an advanced trend analysis tool designed to give traders a clear picture of market direction, momentum, and major structural turning points.
It combines the most reliable long-term and short-term signals into one clean, easy-to-read indicator.
Features
• EMA9 & EMA21 for short-term momentum
• SMA50, SMA100, SMA200 for medium & long-term trend structure
• 52-Week High & Low levels for institutional support/resistance
• Golden Cross / Death Cross signals (SMA50 vs SMA200)
• Trend Strength Meter, shown directly on the chart
• Clean labels without clutter
• Designed for crypto, stocks, and forex on all timeframes (best on Daily)
How it works
The indicator measures alignment between EMAs and SMAs, tracks long-term institutional levels, and highlights major trend reversals through cross signals.
The Trend Strength Meter calculates a score from -4 to +4, making trend direction instantly visible.
Why use this indicator
This suite brings together the most widely used trend-following tools into one unified system.
It helps traders quickly determine when the market is bullish, bearish, or neutral — and when major reversals may be forming.
Best for:
Swing traders, long-term trend followers, crypto traders, and anyone who wants a clean visual overview of the trend without using multiple separate indicators.
Tags (use these to show up in search)
trend
ema
sma
trend-following
golden cross
death cross
momentum
trend strength
52 week high
crypto
stocks
market structure
MAHI Indicator v9.5 - Smart Momentum HUD + IntradayMAHI Indicator v9.5 — Smart Momentum HUD (Multi-Framework + Intraday Engine)
A Complete Momentum, Trend, and Setup Framework for Swing, Position & Intraday Traders
MAHI v9.5 is the most advanced version yet — a highly optimized, visual, multi-framework trading system that blends momentum, trend alignment, adaptive setup detection, and now Auto-Intraday Mode for short-term traders.
This indicator acts like a Heads-Up Display (HUD) on your chart: it shows trend strength, squeeze zones, dynamic support/resistance, EMAs, setup validation, and early reversal signals in one clean interface — without clutter.
✔ Core Features
📌 1. Smart Momentum Ribbon
A dynamic EMA-based momentum band that visually shifts as trend strength changes.
Helps identify strong vs. weak momentum zones
Adapts to volatility & trend slope
Works on all timeframes (1m to 1M)
📌 2. EMA 9 → 21 Flip System
A precision trend-switching signal:
EMA 9 → 21 BULL = early bullish momentum
EMA 9 → 21 BEAR = early bearish momentum
More reliable than stand-alone MA crossovers
📌 3. Bullish Setup Engine (Standard + Weak)
Automatically identifies when price is entering a reversal-ready state based on:
Position relative to the ribbon
Candle structure
Momentum compression
Slope + exhaustion conditions
Includes:
Bull Setup (Standard) — Higher probability setup
Bull Setup (Weak) — Early or less developed setup
Setup Invalidated — Confirms that the pattern failed
This prevents false confidence & keeps traders disciplined.
📌 4. Strong Buy / Strong Sell Signals
Only appear when multiple confirmations align:
Ribbon bias
EMA slope
Momentum compression
Trend alignment
Filtered to remove noise — especially in lower timeframes.
📌 5. Multi-Timeframe Trend HUD
Top-right panel summarizing:
Overall Trend (Bullish, Bearish, Neutral)
RSI Condition
Daily vs Weekly Alignment
Trading Mode Suggestions (Buy / Sell / LEAPS / Neutral)
This gives instant context.
📌 6. Auto Intraday Engine (NEW in v9.5)
Automatically switches internal logic when you move into intraday timeframes (1m–30m):
Intraday Enhancements:
Adaptive setup detection
Faster momentum sensitivity
EMAs tuned for scalp/swing precision
Tighter invalidation logic
Reduced false positives
Optional strict filtering
Perfect for scalping, day trading & micro-trends
Works instantly — no settings needed.
Just change the chart timeframe and MAHI adjusts.
📌 7. Dynamic High-Timeframe Support (W & M)
Auto-layers weekly & monthly levels:
Helps identify strong bounce zones
Extremely useful for swing & LEAPS traders
📌 8. Weekly Volume Shelf Projection
Lightweight VWAP-style level based on weekly volume aggregation.
Shows probable bottoming areas during pullbacks.
✔ Who This Indicator Is For
Perfect for:
Day traders
Swing traders
Momentum riders
LEAPS & long-term investors
Beginner traders needing a structured system
MAHI adapts to your timeframe and trading style.
✔ Why MAHI Works
MAHI isn’t a single-signal indicator — it’s a framework.
It combines:
Trend
Momentum
Volatility
Setup pattern detection
Validation & invalidation
Multi-timeframe alignment
Dynamic zones
Intraday optimization
This eliminates guesswork and helps traders avoid the emotional traps that cause most losses.
You don’t just get a signal — you get context.
✔ How to Use It
Follow the ribbon bias
Use EMA 9→21 flips as trend confirmation
Look for Bull Setup tags during pullbacks
Avoid trades when you see Setup Invalidated
Respect weekly/monthly HTF support levels
On intraday charts — rely on auto-optimized mode
For swing entries, combine setups with HTF trend HUD
MAHI gives the map. You choose the path.
✔ Final Notes
This version is heavily optimized for performance, clarity, and high-probability signals.
MAHI does not repaint, and works on all assets including:
Stocks
Crypto
ETFs
Forex
Futures
Abacus Community Williams %R + Bollinger %B📌 Indicator Description (Professional & Clear)
Williams %R + Bollinger %B Momentum Indicator (ThinkOrSwim Style)
This custom indicator combines Williams %R and Bollinger %B into a single, unified panel to provide a powerful momentum-and-positioning view of price action. Modeled after the ThinkOrSwim version used by professional traders, it displays:
✅ Williams %R (10-period) – Yellow Line
This oscillator measures the market's position relative to recent highs and lows.
It plots on a 0% to 100% scale, where:
80–100% → Overbought region
20–0% → Oversold region
50% → Momentum equilibrium
Williams %R helps identify exhaustion, trend strength, and potential reversal zones.
✅ Bollinger %B (20, 2.0) – Turquoise Histogram Bars
%B shows where price is trading relative to the Bollinger Bands:
Above 50% → Price is in the upper half of the band (bullish pressure)
Below 50% → Price is in the lower half (bearish pressure)
Near 100% → Price pushing upper band (possible breakout)
Near 0% → Price testing lower band (possible breakdown)
The histogram visually represents momentum shifts in real time, creating a clean profile of volatility and strength.
🎯 Why This Combination Works
Together, Williams %R and Bollinger %B reveal:
Momentum direction
Overbought/oversold conditions
Volatility compression & expansion
Trend continuation vs reversal zones
High-probability inflection points
Williams %R shows oscillation and exhaustion, while %B shows pressure inside volatility bands.
The combination helps identify whether momentum supports the current trend or is weakening.
🔍 Use Cases
Detect early trend reversals
Validate breakouts and breakdowns
Spot momentum failure in price extremes
Confirm pullbacks and continuation setups
Time entries and exits with higher precision
💡 Best For
Swing traders
Momentum traders
Trend-followers
Options traders (for timing premium decay or volatility expansion)
Triple 9 Bias filter Triple 9 Bias – Precision Multi-Timeframe Directional Filter
Technical Overview
The Triple 9 Bias is a precision multi-timeframe directional filter built exclusively for 5-minute (and lower) trading.
It stacks three EMA-9 trend directions (4H + 1H + 15m) as Primary confluence and uses only the 4H RSI-14 as Secondary confirmation.
Integrity Check: Zero repaint · Zero lookahead · Works identically on any chart timeframe.
The Trading Rule (Simple)
Long Trades: Only trade longs when all three EMA-9s are UP + 4H RSI > 50
Short Trades: Only trade shorts when all three EMA-9s are DOWN + 4H RSI < 50
Otherwise — stand aside.
Display Components
A. Plotted Higher-Timeframe EMAs (No Repainting)
All values are pulled from closed higher-timeframe bars.
4H EMA 9 (Red step-line)
1H EMA 9 (Purple step-line)
15m EMA 9 (Orange step-line)
B. Locked Dashboard (Bottom-Right)
Clean table split into Primary and Secondary sections for instant bias reading.
Colour Logic:
🟢 Lime = UP / BUY
🔴 Red = DOWN / SELL
Background Logic:
Full Green: Only when all three EMA-9s are UP
Full Red: Only when all three EMA-9s are DOWN
Gray: Otherwise = no trade
Indicator Breakdown
3.1. Primary Confluence – EMA 9 Slope
4H EMA 9 direction (compared 10 bars back)
1H EMA 9 direction (compared 6 bars back)
15m EMA 9 direction (compared 6 bars back)
3.2. Secondary Confluence
4H RSI-14 vs 50 level (BUY if >50, SELL if <50)
High-Probability Signal: When Primary = all three “UP” and Secondary = “BUY” → highest-probability bullish bias (and vice-versa for bearish).
Distância Preço vs VWAPIt calculates the distance from the price to the VWAP. The idea is to make it easier to observe when the price might return to the VWAP.
XAUUSD Multi-Timeframe Bias Scanner🎯 Purpose & Overview
This is a sophisticated trading indicator that analyzes XAUUSD (Gold) across 5 different timeframes simultaneously to determine market bias and trend direction.
⚙️ Core Components
2. Bias Calculation Engine
The heart of the indicator uses 5 technical factors to score each timeframe:
Technical Factors (Weighted):
Moving Average Alignment (30 points)
Bullish: EMA(9) > EMA(21) > EMA(50)
Bearish: EMA(9) < EMA(21) < EMA(50)
Price vs MA Position (20 points)
Score increases when price above MAs
Score decreases when price below MAs
RSI Momentum (20 points)
Bullish: RSI > 60 or > 50
Bearish: RSI < 40 or < 50
MACD Signals (15 points)
Bullish: MACD line > Signal line AND > 0
Bearish: MACD line < Signal line AND < 0
Volume Confirmation (15 points)
Volume spikes with price movement add confirmation
📊 Timeframe Analysis
Five Timeframes Monitored:
5-minute - Short-term noise (10% weight)
15-minute - Intraday direction (15% weight)
1-hour - Key intraday bias (25% weight)
4-hour - Primary directional bias (30% weight)
1-day - Overall trend context (20% weight)
Bias Scoring System:
0-100 Scale (50 = Neutral)
STRONG BULLISH: ≥70 (Green)
BULLISH: 55-69 (Lime)
NEUTRAL: 46-54 (Gray)
BEARISH: 31-45 (Orange)
STRONG BEARISH: ≤30 (Red)
🎨 Visual Features
1. Comprehensive Table Display
pinescript
var table biasTable = table.new(position.top_right, 3, 7, ...)
Shows a color-coded table with:
Timeframe name
Numerical bias score (0-100)
Strength description with color coding
2. Chart Visual Indicators
Background coloring based on overall bias
Label markers for strong bullish/bearish conditions
Real-time label showing all timeframe scores
3. Alert System
Triggers when overall bias crosses 70 (bullish) or 30 (bearish)
Configurable with sound options
🔄 How It Processes Data
Data Flow:
Requests security data for each timeframe using request.security()
Calculates technical indicators for each TF separately
Scores each TF based on 5 technical factors
Computes weighted overall bias
Updates visual displays and checks alert conditions
💡 Trading Applications
Bullish Scenarios:
Multiple timeframes show bullish alignment
Higher timeframe bias supports lower timeframe direction
Overall score > 70 indicates strong bullish conviction
Bearish Scenarios:
Multiple timeframes show bearish alignment
Higher timeframe bias confirms lower timeframe moves
Overall score < 30 indicates strong bearish conviction
Conflict Detection:
When timeframes show conflicting biases
Caution required - market may be consolidating
Wait for alignment before taking trades
🎚️ Customization Options
Users can modify:
Timeframe weights
Technical indicator parameters
Alert thresholds
Visual display preferences
Scoring sensitivity
📈 XAUUSD Specific Optimizations
The indicator considers Gold's unique characteristics:
High volatility periods
ATR-based volatility adjustments
Volume confirmation for breakouts
Multiple timeframe confirmation for trend reliability
This creates a powerful tool for identifying high-probability trade setups in XAUUSD by ensuring traders have a complete multi-timeframe perspective before entering positions.
Scaling_mastery:Free TrendlinesScaling_mastery Trendlines is a clean, trading-ready smart trendline tool built for the Scaling_mastery community.
It automatically finds swing highs/lows and draws dynamic trendlines or channels that stay locked to price, on any symbol and any timeframe.
🔧 Modes
Trendline type
Wicks – classic trendlines anchored on candle wicks (high/low).
Bodies – trendlines anchored on candle bodies (open/close), great for closing structure.
Channel – 3-line channel:
outer lines form a band around price
middle line runs through the centre of the channel
thickness is adjustable (Small / Medium / Large).
Trend strength
Controls how strong the pivots must be to form a line.
Weak → more lines, reacts faster.
Medium → balanced, good for most pairs.
Strong → only the cleanest swings, higher-probability trendlines.
🎨 Visual controls
Max support / resistance lines – cap how many lines are kept on chart.
Show broken lines – hide broken trendlines or keep them for structure history.
Extend lines – None / Right / Both.
Support / Resistance colors – separate colors for active vs broken.
Channel thickness – Small / Medium / Large (0.5% / 1% / 2% of price).
Channel outer lines – color for channel edges.
Channel middle line – color + style (dotted / dashed / solid).
Broken lines are automatically faded + dotted, so you can instantly see what’s still respected and what’s already been taken out.
🧠 How to use
Add the indicator to any chart.
Start with:
Trendline type: Wicks
Trend strength: Strong
Max lines: 1–2 for both support & resistance
Once you like the behavior, experiment with:
Switching between Wicks / Bodies / Channel
Adjusting Channel thickness and Trend strength
Use the lines as a visual confluence tool with your own strategy:
HTF trend direction
LTF entries / retests
Liquidity grabs around broken lines
This script doesn’t generate entries or risk management – it’s designed to give you clean, reliable structure so you can execute your own edge.
⚠️ Disclaimer
This tool is for educational and visual purposes only and is not financial advice.
Always do your own research and manage risk.
BTC GOD — DEFINITIVE BTC MULTI INDICATORBTC GOD — The Ultimate Bitcoin Cycle Indicator (2025 Edition)
The one indicator every serious BTC holder and trader has been waiting for.
A single script that perfectly combines the 5 most powerful and accurate Bitcoin indicators ever created — all 100 % official versions:
- Official Pi Cycle Top (LookIntoBitcoin) → in 2013, 2017 & 2021 (3/3 hits)
- Official MVRV Z-Score (Glassnode / LookIntoBitcoin) → every major bottom (2015, 2018–19, 2022)
- Dynamic Bull/Bear background (red bear-market when price drops X % from cycle ATH + monthly RSI filter)
- Monthly Golden/Death Cross (50-month EMA vs 200-week EMA) → huge, unmistakable signals
- SuperTrend + 200-week EMA + 50-month EMA
- Cycle ATH/ATL tracking with flashing alert in the table when new highs/lows are made
- Exact days to/from the next halving + optimal accumulation zone (200–750 days post-halving)
- Fully customizable inputs for experienced traders
Zero repainting. Zero errors. Works on every timeframe.
This is the indicator used by people who truly understand Bitcoin’s 4-year cycles.
If you could only keep ONE Bitcoin indicator for the rest of your life… this would be it.
Save it, test it, and you’ll instantly see why it’s called BTC GOD.
Built with love and obsession for Bitcoin cycles.
Last update: November 2025






















