Divergence RVI[mado]Divergence screener for RVI
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Поиск скриптов по запросу "bear"
Divergence OBV RSI[mado]Divergence screener for OBV RSI
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Divergence MFI[mado]Divergence screener for MFI
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Divergence MACD [mado]Divergence screener for MACD
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Divergence LinerRegressionSlope[mado]Divergence screener for LinerRegressionSlope
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Divergence KlingerVolumeOscillator [mado]Divergence screener for KVO
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Divergence CCI [mado]Divergence screener for CCI
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Divergence Awesome Oscillator [mado]Divergence screener for Awesome Oscillator
Regular Bullish: "D" navy label
Hidden Bullish: "H" navy label
Regular Bearish: "D" red label
Hidden Bearish: "H" red label
Multi Timeframe ADX and DI w/ AlertsThis script is based off the public DMI code and used to get a quick visual of trend and direction across 3 different timeframes. Alert conditions have been setup for trend changes to bull/bear for all 3 timeframes. This script is meant to pull together the concepts of multi-time frame indicators, custom functions, and custom alert conditions.
The primary instructions for this script was to find a version of the ADX Indicator and give it the same treatment as we did with the Heiken Ashi demo (displaying green/red/gray circles to indicate trend and direction) over a configurable time frame. Display a matrix of each timeframe and the corresponding directional color (green=bull, red=bear, gray=non-trending). Have it produce an alert when the state of indicator changes to either bull or bear.
Elder impulse system with double exponential moving average dema
This version of impulse uses the double exponential moving average instead of the typical ema both to calculate macd and the moving slow and fast moving average that are plotted.
The impulse system :
The Impulse System combines two simple but powerful indicators.
One measures market inertia, the other its momentum. When both
point in the same direction, they identify an impulse worth following.
We get an entry signal when both indicators get in gear.
The Impulse System uses an exponential moving average to find
uptrends and downtrends. When the EMA rises, it shows that inertia
favors the bulls. When EMA falls, inertia works for the bears. The sec-
ond component is MACD-Histogram, an oscillator whose slope reflects
changes of power among bulls or bears. When MACD-Histogram rises,
it shows that bulls are becoming stronger. When it falls, it shows that
bears are growing stronger.
The Impulse System flags those bars where both the inertia and the
momentum point in the same direction. When both the EMA and
MACD-Histogram rise, they show that bulls are roaring and the uptrend
is accelerating.
MACD Zero lag impulse systemThis version of impulse uses the double exponential moving average instead of the typical ema.
The impulse system :
The Impulse System combines two simple but powerful indicators.
One measures market inertia, the other its momentum. When both
point in the same direction, they identify an impulse worth following.
We get an entry signal when both indicators get in gear.
The Impulse System uses an exponential moving average to find
uptrends and downtrends. When the EMA rises, it shows that inertia
favors the bulls. When EMA falls, inertia works for the bears. The sec-
ond component is MACD-Histogram, an oscillator whose slope reflects
changes of power among bulls or bears. When MACD-Histogram rises,
it shows that bulls are becoming stronger. When it falls, it shows that
bears are growing stronger.
The Impulse System flags those bars where both the inertia and the
momentum point in the same direction. When both the EMA and
MACD-Histogram rise, they show that bulls are roaring and the uptrend
is accelerating.
Elder impulse system with barcolor + Safezone stops + emasThe impulse system :
The Impulse System combines two simple but powerful indicators.
One measures market inertia, the other its momentum. When both
point in the same direction, they identify an impulse worth following.
We get an entry signal when both indicators get in gear.
The Impulse System uses an exponential moving average to find
uptrends and downtrends. When the EMA rises, it shows that inertia
favors the bulls. When EMA falls, inertia works for the bears. The sec-
ond component is MACD-Histogram, an oscillator whose slope reflects
changes of power among bulls or bears. When MACD-Histogram rises,
it shows that bulls are becoming stronger. When it falls, it shows that
bears are growing stronger.
The Impulse System flags those bars where both the inertia and the
momentum point in the same direction. When both the EMA and
MACD-Histogram rise, they show that bulls are roaring and the uptrend
is accelerating.
The SafeZone Stop :
Once in a trade, where should you put your stop? This is one of the
hardest questions in technical analysis. After answering it, you’ll face
an even harder one—when and where to move that stop with the pas-
sage of time. Put a stop too close and it’ll get whacked by some mean-
ingless intraday swing. Put it too far, and you’ll have very skimpy
protection.
The Parabolic System, described in Trading for a Living, tried to
tackle this problem by moving stops closer to the market each day,
accelerating whenever a stock or a commodity reached a new extreme.
The trouble with Parabolic was that it kept moving even if the market
stayed flat and often got hit by meaningless noise.
SafeZone trails prices with stops tight enough to protect
capital but remote enough to keep clear of most random fluctuations.
Engineers design filters to suppress noise and allow the signal to come
through. If the trend is the signal, then the countertrend motion is the
noise. When the trend is up, we can define noise as that part of each
day’s range that protrudes below the previous day’s low. When the trend
is down, we can define noise as that part of each day’s range that pro-
trudes above the previous day’s high. SafeZone measures market noise
and places stops at a multiple of noise level away from the market.
We can make our lookback period 100 days or so if we want to aver-
age long-term market behavior.
SafeZone offers an original approach to placing stops. It monitors
changes in prices and adapts stops to the current levels of activity. It
places stops at individually tailored distances rather than at obvious
support and resistance levels.
Absolute Strength MTF IndicatorIntroduction
The non-signal version of the absolute strength indicator from fxcodebase.com requested by ernie76 . This indicator originally from mt4 aim to estimate the bullish/bearish force of the market by using various methods.
The Indicator
Two lines are plotted, a bull line (blue) representing the bullish/buying force and a bear one (red) representing the bearish/selling force, when the bull line is greater than the bear line the market is considered to be strongly bullish, else strongly bearish.
The indicator use various method, Rsi, stochastic, adx. The Rsi method is the one by default.
The stochastic method is less reactive but smoother
The Adx method is way different, while the other two methods make the bull and bear lines somewhat uncorrelated, the adx method focus more on the overall market strength than individual buyer/seller strength.
The smoothing method use 3 different filters, SMA, EMA and LSMA, LSMA is more reactive than the two previous one while EMA is just more computer efficient.
It is possible to use price data of different time frames for the calculation of the indicator.
Stochastic method with 4 hour price close as source.
Conclusion
A classic indicator who can be derived into a lot of ways using a more adaptive architecture or recursion. Hope you find it a use :)
A big thanks to ernie76 for the request and the support/testing of the indicator
Feel free to pm me for any request.
10/5 Weekly/Daily EMAs with ConfirmationsPlots Daily and Weekly 10 & 5 EMAs (but fully customizable to your own).
In addition to plotting the EMAs it color coordinates trend bias and has cross confirmation signals.
Philosophy and how to read:
I use this indicator when trading strictly on the daily timeframe. I have not tested it on other timeframes.
In my trade system I start with both the monthly and weekly charts to define overall bias.
Here’s the general rule of thumb.
10 EMA is direction (bias) and 5 EMA is price.
If 5EMA is below 10EMA there is a bear bias. If 5EMA is above 10EMA there is a bull bias.
This indicator will plot both the daily and weekly 10 & 5 EMAs.
It will also color code the background based on how these EMAs relate to each other.
Light red typically is just the daily is confirmed bear (typically because it could be either or)
Dark red, both daily and weekly in confirmed bear.
Light green, typically just daily is confirmed bull (typically because it could be either or)
Dark green, both daily and weekly in confirmed bull.
In addition to background highlight there is confirmation crosses.
The daily confirmation cross is default yellow triangle.
Down triangle is 5 crossing the 10 downward.
Up triangle is the 5 crossing the 10 upward.
The weekly confirmation is the same only is aqua color.
Generally, on a color change you want to see one or both confirmation in the direction of the bias change.
If you only want to plot the daily bias in the options unclick the setting: Include Weekly Background Plotting. Unclicking this will remove the background coloring for the weekly bias. This might be helpful if you only want to see the strength of what the weekly timeframe is telling you.
Also, I’m primarily a trend trader but I also do have a reversal system I trade with lower R:R parameters.
A good reversal confirmation signal I’ve noticed is the instrument that you are trading should go through a cycle of light color to dark color.
You could also create alerts with this indicator based on just signals. When the signal fires the value will be 1.
Future Updates:
I want to find some way to correlate the distance between these EMAs to enhance the signal. Also to include a velocity component. Plus a few more things.
If you like this indicator please like and leave a comment down below.
Ichimoku Kinko Hyo: Basic StrategyIchimoku Kinko Hyo: Basic Strategy
Entry/Exit orders are placed when three basic signals are triggered.
Ichimoku Signals:
1) Tenkan-Sen/Kijun-Sen Cross
Bullish: Tenkan-Sen is above the Kijun-Sen.
Bearish: Tenkan-Sen is below the Kijun-Sen.
2) Chikou-Span Cross
Bullish: Chikou-Span is above the close of 26 bars ago.
Bearish: Chikou-Span is below the close of 26 bars ago.
3) Price versus Kumo Cloud
Bullish: Close is above the Kumo Cloud.
Bearish: Close is below the Kumo Cloud.
Notes:
1) Long-only or short-only direction is feasible by checkbox. Stop and reverse strategy is taken by default.
2) Built-in Ichimoku indicator is strictly wrong because of counting one extra bar for all Ichimoku components.
Including the current bar like moving average is correct way in Japan. This problem is fixed in my script.
MWho is in ControlWho is in Control.
This study shows who is in control by showing just the Bull side, the Bear side or a combined view. This study follows the same philosophy of simplicity I try to use as much as possible in my studies. The least number of parameters and as understandable as possible.
Len : length of the period
Signal : Signal to show change of trend
Disp Bull : Display/Hide Bull Side
Disp Bear : Display/Hide Bear Side
Disp Differential : Display/Hide the differential between Bulls and Bears.
: Volume Zone Oscillator & Price Zone Oscillator LB Update JRMThis is a simple update of Lazy Bear's " Indicators: Volume Zone Indicator & Price Zone Indicator" Script. PZO plots on the same indicator. The horizontal plot lines are taken primarily from two articles by Wahalil and Steckler "In The Volume Zone" May 2011, Stocks and Commodities and "Entering The Price Zone"June 2011, Stocks and Commodities. With both indicators on the same plot it is easier to see divergences between the indicators. I did add a plot line at 80 and -80 as well because that is getting into truly extreme price/volume territory where one might contemplate a close your eyes and sell or cover particularly if confirmed at a higher time frame with the expectation of some type of corrective move..
The inputs and plot lines can be edited as per Lazy Bear's original script and follows the original format. Many thanks to Lazy Bear.
Money Moving PROGuide to Using the "Money Moving PRO" Indicator
Important Note: This is a custom indicator compiled from several indicators by other authors. It combines elements from "Money Moving" (based on ATR trailing stop), EMA lines, premium/discount zones with delta volume, and volume profile. I am not the original author of the base components, but the indicator has been adapted for comprehensive analysis. Use it at your own risk as a tool for analysis, not as the sole basis for trading. It is recommended to test it on a demo account.
Installing the Indicator
Open TradingView (tradingview.com) and log into your account.
Go to the chart of any asset (e.g., cryptocurrencies, stocks, or forex).
Click on the "Indicators" button (at the top of the chart).
Select "Pine Editor" at the bottom of the window (or press Ctrl+E).
Copy the entire code from the file "Money Moving PRO (LummiCrypto) alerts.txt" and paste it into the editor.
Click "Add to Chart."
The indicator will appear on the chart. You can customize its settings in the indicator menu (gear icon next to the indicator name).
The indicator operates in overlay mode (overlaid on the price chart), supports up to 500 lines and boxes, and uses up to 5,000 bars of historical data.
Indicator Settings
The indicator is divided into setting groups. Below are the main parameters and their descriptions:
Money Moving Settings
MM Key Value (Sensitivity): Sensitivity (default: 1). Higher values widen the ATR-based stop-loss.
MM ATR Period: ATR period (default: 3). Affects volatility calculation.
MM Use Heiken Ashi Candles: Use Heiken Ashi candles instead of regular ones (default: disabled). Enable for smoother signals.
EMA Settings
Show Ema 20/50/100/200: Display EMAs with periods 20, 50, 100, 200 (all enabled by default).
Ema Colors: Line colors (red for 20, orange for 50, aqua for 100, blue for 200). Can be changed for convenience.
Premium & Discount Settings
Show Premium & Discount Delta Volume: Display zones with delta volume (default: enabled).
Premium & Discount Lookback Period: Lookback period for support/resistance levels (default: 50 bars).
Macro Lookback Period: Lookback period for macro levels (default: 200 bars).
Discount/Premium Colors: Zone colors (blue for discount, orange for premium).
Volume Profile Settings
Show Volume Profile: Display volume profile (default: enabled).
Fixed Range Lookback Depth: Historical bars to include (10–3000, default: 200).
Number of Volume Bars: Number of bars in the profile (10–490, default: 200).
Volume Bar Thickness: Bar width (1–30, default: 1).
Bar Length Multiplier: Bar length multiplier (1–50, default: 20).
Right Offset: Space from the right edge of the chart (0–400, default: 70).
Volume Type: Volume type ("Both," "Bullish," or "Bearish"; default: "Both").
Display Point of Control (PoC): Show PoC (default: enabled).
Display Value Area: Show value area (default: enabled, 68% by default).
Other: Colors and line thicknesses for PoC and Value Area.
Customize the settings to match your trading style. For beginners, keep the default values.
Buy and Sell Signals
The primary signals are generated in the "Money Moving" block based on the ATR trailing stop and EMA(1). This is a simple system similar to SuperTrend but with custom settings.
Buy Signal (BUY): Green upward triangle below the bar. Triggered when the price crosses above the trailing stop (src > xATRTrailingStop and EMA(1) crosses above the stop). Indicates a potential upward reversal or trend continuation.
Entry Conditions: Confirm the signal with price crossing above EMA 20/50 or in the Discount zone. Volume profile should show accumulation at the lower end.
Alert: In TradingView, set up an alert for "BUY Signal" — message "Money Moving: BUY Signal at {{close}}".
Sell Signal (SELL): Red downward triangle above the bar. Triggered when the price crosses below the trailing stop (src < xATRTrailingStop and EMA(1) crosses below the stop). Indicates a potential downward reversal or correction.
Entry Conditions: Confirm with price crossing below EMA 20/50 or in the Premium zone. Volume profile should show distribution at the upper end.
Alert: Set up an alert for "SELL Signal" — message "Money Moving: SELL Signal at {{close}}".
Important: Signals are not 100% accurate. Use them in combination with other indicator elements:
EMA Lines: Uptrend — price above EMA 200, EMA 20 above EMA 50. For buys, look for bounces off lower EMAs.
Premium/Discount Zones:
Discount (Blue box at the bottom): Oversold zone with positive delta volume (more buying). Ideal for buys.
Premium (Orange box at the top): Overbought zone with negative delta volume (more selling). Ideal for sells.
Delta Volume shows balance (in %): positive — bullish, negative — bearish.
Volume Profile:
PoC (Red line): Level of maximum volume — strong support/resistance.
Value Area (Blue bars/lines): 68% of volume — equilibrium zone. Breakout above VAH (top) is bullish, below VAL (bottom) is bearish.
Example Strategy:
Wait for a BUY signal in the Discount zone, with price above EMA 50 and PoC below the price.
Stop-Loss: Below the trailing stop or nearest low.
Take-Profit: At the Premium zone or 1–2 ATR distance.
Similar for SELL.
Additional Features
Alert Conditions: The indicator includes built-in alerts for BUY/SELL. In TradingView, set up notifications (SMS, email, popup).
Visualization: Boxes for zones, lines for EMAs and volume profile. If the chart is cluttered, disable unnecessary parts (e.g., Volume Profile for short timeframes).
Compatibility: Works on any timeframe, but best on H1-D1 for crypto/stocks. Enable Heiken Ashi for noise filtering.
Tips for Use
Testing: Backtest on historical data in TradingView. Test on different assets (BTC, ETH, etc.).
Risk Management: Risk no more than 1–2% of capital per trade. Combine with other indicators (RSI, MACD).
Limitations: The indicator relies on volume (better on exchanges with real volume data). For forex/crypto, volumes may be tick-based.
Updates: If the code changes, check TradingView forums (e.g., search for "Money Moving" or "Volume Profile").
Warning: Trading carries risks. This is not financial advice.
Руководство по использованию индикатора "Money Moving PRO"
Важное замечание: Этот индикатор является кастомным, собранным из нескольких индикаторов других авторов. Он сочетает элементы из "Money Moving" (на основе ATR-трейлинг-стопа), EMA-линий, зон премиум/дисконт с дельта-объемом и профиля объема. Я не являюсь оригинальным автором базовых компонентов, но индикатор адаптирован для комплексного анализа. Используйте его на свой риск, как инструмент для анализа, а не как единственную основу для торговли. Рекомендуется тестировать на демо-счете.
Установка индикатора
Откройте TradingView (tradingview.com) и войдите в аккаунт.
Перейдите в график любого актива (например, криптовалюты, акции или форекс).
Нажмите на кнопку "Индикаторы" (в верхней панели графика).
Выберите "Pine Editor" в нижней части окна (или нажмите Ctrl+E).
Скопируйте весь код из файла "Money Moving PRO (LummiCrypto) alerts.txt" и вставьте его в редактор.
Нажмите "Add to Chart" (Добавить на график).
Индикатор появится на графике. Вы можете настроить его параметры в меню индикатора (шестеренка рядом с названием).
Индикатор работает в overlay-режиме (накладывается на график цены), поддерживает до 500 линий и боксов, и использует до 5000 баров истории.
Настройки индикатора
Индикатор разделен на группы настроек. Вот основные параметры и их описание:
Money Moving Settings (Настройки Money Moving)
MM Key Value (Sensitivity): Чувствительность (по умолчанию 1). Чем выше значение, тем шире стоп-лосс на основе ATR.
MM ATR Period: Период ATR (по умолчанию 3). Влияет на расчет волатильности.
MM Use Heiken Ashi Candles: Использовать Heiken Ashi свечи вместо обычных (по умолчанию выключено). Включайте для сглаживания сигналов.
EMA Settings (Настройки EMA)
Show Ema 20/50/100/200: Показывать EMA с периодами 20, 50, 100, 200 (все по умолчанию включены).
Ema Colors: Цвета линий (красный для 20, оранжевый для 50, аква для 100, синий для 200). Можно изменить для удобства.
Premium & Discount Settings (Настройки Премиум и Дисконт)
Show Premium & Discount Delta Volume: Показывать зоны с дельта-объемом (по умолчанию включено).
Premium & Discount Lookback Period: Период обзора для S/R уровней (по умолчанию 50 баров).
Macro Lookback Period: Период для макро-уровней (по умолчанию 200 баров).
Discount/Premium Colors: Цвета зон (голубой для дисконт, оранжевый для премиум).
Volume Profile Settings (Настройки Профиля Объема)
Show Volume Profile: Показывать профиль объема (по умолчанию включено).
Fixed Range Lookback Depth: Глубина обзора (10–3000 баров, по умолчанию 200).
Number of Volume Bars: Количество баров в профиле (10–490, по умолчанию 200).
Volume Bar Thickness: Толщина баров (1–30, по умолчанию 1).
Bar Length Multiplier: Множитель длины баров (1–50, по умолчанию 20).
Right Offset: Отступ справа (0–400, по умолчанию 70).
Volume Type: Тип объема ("Both" — оба, "Bullish" — бычий, "Bearish" — медвежий; по умолчанию "Both").
Display Point of Control (PoC): Показывать точку контроля (по умолчанию включено).
Display Value Area: Показывать область значения (по умолчанию включено, 68% по умолчанию).
Другие: Цвета, толщины линий для PoC и Value Area.
Настройте параметры под свой стиль торговли. Для начинающих оставьте значения по умолчанию.
Сигналы на покупку и продажу
Основные сигналы генерируются в блоке "Money Moving" на основе ATR-трейлинг-стопа и EMA(1). Это простая система, похожая на SuperTrend, но с кастомными настройками.
Сигнал на покупку (BUY): Зеленый треугольник вверх под баром. Происходит, когда цена пересекает вверх трейлинг-стоп (src > xATRTrailingStop и кроссовер EMA(1) над стопом). Это указывает на потенциальный разворот вверх или продолжение тренда.
Условия для входа: Подтвердите сигнал пересечением цены выше EMA 20/50 или в зоне дисконт (Discount). Объем в профиле должен показывать накопление в нижней части.
Алерт: В TradingView настройте алерт на "BUY Signal" — сообщение "Money Moving: BUY Signal at {{close}}".
Сигнал на продажу (SELL): Красный треугольник вниз над баром. Происходит, когда цена пересекает вниз трейлинг-стоп (src < xATRTrailingStop и кроссундер EMA(1) под стопом). Указывает на разворот вниз или коррекцию.
Условия для входа: Подтвердите пересечением ниже EMA 20/50 или в зоне премиум (Premium). Объем в профиле должен показывать распределение в верхней части.
Алерт: Настройте алерт на "SELL Signal" — сообщение "Money Moving: SELL Signal at {{close}}".
Важно: Сигналы не 100% точны. Используйте их в комбинации с другими элементами индикатора:
EMA-линии: Восходящий тренд — цена выше EMA 200, EMA 20 выше EMA 50. Для покупок ищите отскок от нижних EMA.
Премиум/Дисконт зоны:
Discount (Дисконт, голубой бокс снизу): Зона перепроданности с положительным дельта-объемом (больше покупок). Идеально для покупок.
Premium (Премиум, оранжевый бокс сверху): Зона перекупленности с отрицательным дельта-объемом (больше продаж). Идеально для продаж.
Delta Volume показывает баланс (в %): положительный — бычий, отрицательный — медвежий.
Профиль объема:
PoC (красная линия): Уровень максимального объема — сильная поддержка/сопротивление.
Value Area (синие бары/линии): 68% объема — зона равновесия. Пробой VAH (верх) — бычий, VAL (низ) — медвежий.
Пример стратегии:
Ждите сигнала BUY в зоне Discount, когда цена выше EMA 50 и PoC ниже цены.
Стоп-лосс: Ниже трейлинг-стопа или ближайшего минимума.
Тейк-профит: У зоны Premium или на расстоянии 1-2 ATR.
Аналогично для SELL.
Дополнительные функции
Алерткондиции: Индикатор имеет встроенные алерты для BUY/SELL. В TradingView настройте уведомления (SMS, email, popup).
Визуализация: Боксы для зон, линии для EMA и профиля. Если график перегружен, отключите ненужные части (например, Volume Profile для коротких таймфреймов).
Совместимость: Работает на любых таймфреймах, но лучше на H1-D1 для крипты/акций. Для Heiken Ashi включите опцию для фильтрации шума.
Советы по использованию
Тестирование: Backtest на исторических данных в TradingView. Проверьте на разных активах (BTC, ETH и т.д.).
Риск-менеджмент: Не рискуйте более 1-2% капитала на сделку. Комбинируйте с другими индикаторами (RSI, MACD).
Ограничения: Индикатор зависит от объема (лучше на биржах с реальными объемами). На форексе/крипте объемы могут быть тиковыми.
Обновления: Если код изменится, проверьте на форумах TradingView (например, по ключам "Money Moving" или "Volume Profile").
Предупреждение: Торговля несет риски. Это не финансовый совет.
Smart MACD Volume Trader# Smart MACD Volume Trader
## Overview
Smart MACD Volume Trader is an enhanced momentum indicator that combines the classic MACD (Moving Average Convergence Divergence) oscillator with an intelligent high-volume filter. This combination significantly reduces false signals by ensuring that trading signals are only generated when price momentum is confirmed by substantial volume activity.
The indicator supports over 24 different instruments including major and exotic forex pairs, precious metals (gold and silver), energy commodities (crude oil, natural gas), and industrial metals (copper). For forex and commodity traders, the indicator automatically maps to CME and COMEX futures contracts to provide accurate institutional-grade volume data.
## Originality and Core Concept
Traditional MACD indicators generate signals based solely on price momentum, which can result in numerous false signals during low-activity periods or ranging markets. This indicator addresses this critical weakness by introducing a volume confirmation layer with automatic institutional volume integration.
**What makes this approach original:**
- Signals are triggered only when MACD crossovers coincide with elevated volume activity
- Implements a lookback mechanism to detect volume spikes within recent bars
- Automatically detects and maps 24+ forex pairs and commodities to their corresponding CME and COMEX futures contracts
- Provides real institutional volume data for forex pairs where spot volume is unreliable
- Combines two independent market dimensions (price momentum and volume) into a single, actionable signal
- Includes intelligent asset detection that works across multiple exchanges and ticker formats
**The underlying principle:** Volume validates price movement. When institutional money enters the market, it creates volume signatures. By requiring high volume confirmation and using actual institutional volume data from futures markets, this indicator filters out weak price movements and focuses on trades backed by genuine market participation. The automatic futures mapping ensures that forex and commodity traders always have access to the most accurate volume data available, without manual configuration.
## How It Works
### MACD Component
The indicator calculates MACD using standard methodology:
1. **Fast EMA (default: 12 periods)** - Tracks short-term price momentum
2. **Slow EMA (default: 26 periods)** - Tracks longer-term price momentum
3. **MACD Line** - Difference between Fast EMA and Slow EMA
4. **Signal Line (default: 9-period SMA)** - Smoothed average of MACD line
**Crossover signals:**
- **Bullish:** MACD line crosses above Signal line (momentum turning positive)
- **Bearish:** MACD line crosses below Signal line (momentum turning negative)
### Volume Filter Component
The volume filter adds an essential confirmation layer:
1. **Volume Moving Average** - Calculates exponential MA of volume (default: 20 periods)
2. **High Volume Threshold** - Multiplies MA by ratio (default: 2.0x or 200%)
3. **Volume Detection** - Identifies bars where current volume exceeds threshold
4. **Lookback Period** - Checks if high volume occurred in recent bars (default: 5 bars)
**Signal logic:**
- Buy/Sell signals only trigger when BOTH conditions are met:
- MACD crossover/crossunder occurs
- High volume detected within lookback period
### Automatic CME Futures Integration
For forex traders, spot FX volume data can be unreliable or non-existent. This indicator solves this problem by automatically detecting forex pairs and mapping them to corresponding CME futures contracts with real institutional volume data.
**Supported Major Forex Pairs (7):**
- EURUSD → CME:6E1! (Euro FX Futures)
- GBPUSD → CME:6B1! (British Pound Futures)
- AUDUSD → CME:6A1! (Australian Dollar Futures)
- USDJPY → CME:6J1! (Japanese Yen Futures)
- USDCAD → CME:6C1! (Canadian Dollar Futures)
- USDCHF → CME:6S1! (Swiss Franc Futures)
- NZDUSD → CME:6N1! (New Zealand Dollar Futures)
**Supported Exotic Forex Pairs (4):**
- USDMXN → CME:6M1! (Mexican Peso Futures)
- USDRUB → CME:6R1! (Russian Ruble Futures)
- USDBRL → CME:6L1! (Brazilian Real Futures)
- USDZAR → CME:6Z1! (South African Rand Futures)
**Supported Cross Pairs (6):**
- EURJPY → CME:6E1! (Uses Euro Futures)
- GBPJPY → CME:6B1! (Uses British Pound Futures)
- EURGBP → CME:6E1! (Uses Euro Futures)
- AUDJPY → CME:6A1! (Uses Australian Dollar Futures)
- EURAUD → CME:6E1! (Uses Euro Futures)
- GBPAUD → CME:6B1! (Uses British Pound Futures)
**Supported Precious Metals (2):**
- Gold (XAUUSD, GOLD) → COMEX:GC1! (Gold Futures)
- Silver (XAGUSD, SILVER) → COMEX:SI1! (Silver Futures)
**Supported Energy Commodities (3):**
- WTI Crude Oil (USOIL, WTIUSD) → NYMEX:CL1! (Crude Oil Futures)
- Brent Oil (UKOIL) → NYMEX:BZ1! (Brent Crude Futures)
- Natural Gas (NATGAS) → NYMEX:NG1! (Natural Gas Futures)
**Supported Industrial Metals (1):**
- Copper (COPPER) → COMEX:HG1! (Copper Futures)
**How the automatic detection works:**
The indicator intelligently identifies the asset type by analyzing:
1. Exchange name (FX, OANDA, TVC, COMEX, NYMEX, etc.)
2. Currency pair pattern (6-letter codes like EURUSD, GBPUSD)
3. Commodity identifiers (XAU for gold, XAG for silver, OIL for crude)
When a supported instrument is detected, the indicator automatically switches to the corresponding futures contract for volume analysis. For stocks, cryptocurrencies, and other assets, the indicator uses the native volume data from the current chart.
**Visual feedback:**
An information table appears in the top-right corner of the MACD pane showing:
- Current chart symbol
- Exchange name
- Currency pair or asset name
- Volume source being used (highlighted in orange for futures, yellow for native volume)
- Current high volume status
This provides complete transparency about which data source the indicator is using for its volume analysis.
## How to Use
### Basic Setup
1. Add the indicator to your chart
2. The indicator displays in a separate pane (MACD) and overlay (signals/volume bars)
3. Default settings work well for most assets, but can be customized
### Signal Interpretation
### Visual Signals
**Visual Signals:**
- **Green "BUY" label** - Bullish MACD crossover confirmed by high volume
- **Red "SELL" label** - Bearish MACD crossunder confirmed by high volume
- **Green/Red candles** - Highlight bars with volume exceeding the threshold
- **Light green/red background** - Emphasizes signal bars on the chart
**Information Table:**
A detailed information table appears in the top-right corner of the MACD pane, providing real-time transparency about the indicator's operation:
- **Chart:** Current symbol being analyzed
- **Exchange:** The exchange or data feed being used
- **Pair:** The currency pair or asset name extracted from the ticker
- **Volume From:** The actual symbol used for volume analysis
- Orange color indicates CME or COMEX futures are being used (automatic institutional volume)
- Yellow color indicates native volume from the chart symbol is being used
- Hover tooltip shows whether automatic futures mapping is active
- **High Volume:** Current status showing YES (green) when volume exceeds threshold, NO (gray) otherwise
This table ensures complete transparency and allows you to verify that the correct volume source is being used for your analysis.
**Volume Analysis:**
- Gray histogram bars = Normal volume
- Red histogram bars = High volume (exceeds threshold)
- Green line = Volume moving average baseline
**MACD Analysis:**
- Blue line = MACD line (momentum indicator)
- Orange line = Signal line (trend confirmation)
- Gray dotted line = Zero line (bullish above, bearish below)
### Parameter Customization
**MACD Parameters:**
- Adjust Fast/Slow EMA lengths for different sensitivities
- Shorter periods = More signals, faster response
- Longer periods = Fewer signals, less noise
**Volume Parameters:**
- **Volume MA Period:** Higher values smooth volume analysis
- **High Volume Ratio:** Lower values (1.5x) = More signals; Higher values (3.0x) = Fewer, stronger signals
- **Volume Lookback Bars:** Controls how recent the volume spike must be
**Direction Filters:**
- **Only Buy Signals:** Enables long-only strategy mode
- **Only Sell Signals:** Enables short-only strategy mode
### Alert Configuration
The indicator includes three alert types:
1. **Buy Signal Alert** - Triggers when bullish signal appears
2. **Sell Signal Alert** - Triggers when bearish signal appears
3. **High Volume Alert** - Triggers when volume exceeds threshold
To set up alerts:
1. Click the indicator name → "Add alert on Smart MACD Volume Trader"
2. Select desired alert condition
3. Configure notification method (popup, email, webhook, etc.)
## Trading Strategy Guidelines
### Best Practices
**Recommended markets:**
- Liquid stocks (large-cap, high daily volume)
- Major forex pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, USDCHF, NZDUSD)
- Exotic forex pairs (USDMXN, USDRUB, USDBRL, USDZAR)
- Cross pairs (EURJPY, GBPJPY, EURGBP, AUDJPY, EURAUD, GBPAUD)
- Precious metals (Gold, Silver with automatic COMEX futures mapping)
- Energy commodities (Crude Oil, Natural Gas with automatic NYMEX futures mapping)
- Industrial metals (Copper with automatic COMEX futures mapping)
- Major cryptocurrency pairs
- Index futures and ETFs
**Timeframe recommendations:**
- **Day trading:** 5-minute to 15-minute charts
- **Swing trading:** 1-hour to 4-hour charts
- **Position trading:** Daily charts
**Risk management:**
- Use signals as entry confirmation, not standalone strategy
- Combine with support/resistance levels
- Consider overall market trend direction
- Always use stop-loss orders
### Strategy Examples
**Trend Following Strategy:**
1. Identify overall trend using higher timeframe (e.g., daily chart)
2. Trade only in trend direction
3. Use "Only Buy" filter in uptrends, "Only Sell" in downtrends
4. Enter on signal, exit on opposite signal or at resistance/support
**Volume Breakout Strategy:**
1. Wait for consolidation period (low volume, tight MACD range)
2. Enter when signal appears with high volume (confirms breakout)
3. Target previous swing highs/lows
4. Stop loss below/above recent consolidation
**Forex Scalping Strategy (with automatic CME futures):**
1. The indicator automatically detects forex pairs and uses CME futures volume
2. Trade during active sessions only (use session filter)
3. Focus on quick profits (10-20 pips)
4. Exit at opposite signal or profit target
**Commodities Trading Strategy (Gold, Silver, Oil):**
1. The indicator automatically maps to COMEX and NYMEX futures contracts
2. Trade during high-liquidity sessions (overlap of major markets)
3. Use the high volume confirmation to identify institutional entry points
4. Combine with key support and resistance levels for entries
5. Monitor the information table to confirm futures volume is being used (orange color)
6. Exit on opposite MACD signal or at predefined profit targets
## Why This Combination Works
### The Volume Advantage
Studies consistently show that price movements accompanied by high volume are more likely to continue, while low-volume movements often reverse. This indicator leverages this principle by requiring volume confirmation.
**Key benefits:**
1. **Reduced False Signals:** Eliminates MACD whipsaws during low-volume consolidation
2. **Confirmation Bias:** Two independent indicators (price momentum + volume) agreeing
3. **Institutional Alignment:** High volume often indicates institutional participation
4. **Trend Validation:** Volume confirms that price momentum has "conviction"
### Statistical Edge
By combining two uncorrelated signals (MACD crossovers and volume spikes), the indicator creates a higher-probability setup than either signal alone. The lookback mechanism ensures signals aren't missed if volume spike slightly precedes the MACD cross.
## Supported Exchanges and Automatic Detection
The indicator includes intelligent asset detection that works across multiple exchanges and ticker formats:
**Forex Exchanges (Automatic CME Mapping):**
- FX (TradingView forex feed)
- OANDA
- FXCM
- SAXO
- FOREXCOM
- PEPPERSTONE
- EASYMARKETS
- FX_IDC
**Commodity Exchanges (Automatic COMEX/NYMEX Mapping):**
- TVC (TradingView commodity feed)
- COMEX (directly)
- NYMEX (directly)
- ICEUS
**Other Asset Classes (Native Volume):**
- Stock exchanges (NASDAQ, NYSE, AMEX, etc.)
- Cryptocurrency exchanges (BINANCE, COINBASE, KRAKEN, etc.)
- Index providers (SP, DJ, etc.)
The detection algorithm analyzes three factors:
1. Exchange prefix in the ticker symbol
2. Pattern matching for currency pairs (6-letter codes)
3. Commodity identifiers in the symbol name
This ensures accurate automatic detection regardless of which data feed or exchange you use for charting. The information table in the top-right corner always displays which volume source is being used, providing complete transparency.
## Technical Details
**Calculations:**
- MACD Fast MA: EMA(close, fastLength)
- MACD Slow MA: EMA(close, slowLength)
- MACD Line: Fast MA - Slow MA
- Signal Line: SMA(MACD Line, signalLength)
- Volume MA: Exponential MA of volume
- High Volume: Current volume >= Volume MA × Ratio
**Signal logic:**
```
Buy Signal = (MACD crosses above Signal) AND (High volume in last N bars)
Sell Signal = (MACD crosses below Signal) AND (High volume in last N bars)
```
## Parameters Reference
| Parameter | Default | Description |
|-----------|---------|-------------|
| Volume Symbol | Blank | Manual override for volume source (leave blank for automatic detection) |
| Use CME Futures | False | Legacy option (automatic detection is now built-in) |
| Alert Session | 1530-2200 | Active session time range for alerts |
| Timezone | UTC+1 | Timezone for alert sessions |
| Volume MA Period | 20 | Number of periods for volume moving average |
| High Volume Ratio | 2.0 | Volume threshold multiplier (2.0 = 200% of average) |
| Volume Lookback | 5 | Number of bars to check for high volume confirmation |
| MACD Fast Length | 12 | Fast EMA period for MACD calculation |
| MACD Slow Length | 26 | Slow EMA period for MACD calculation |
| MACD Signal Length | 9 | Signal line SMA period |
| Only Buy | False | Filter to show only bullish signals |
| Only Sell | False | Filter to show only bearish signals |
| Show Signals | True | Display buy and sell labels on chart |
## Optimization Tips
**For volatile markets (crypto, small caps):**
- Increase High Volume Ratio to 2.5-3.0
- Reduce Volume Lookback to 3-4 bars
- Consider faster MACD settings (8, 17, 9)
**For stable markets (large-cap stocks, bonds):**
- Decrease High Volume Ratio to 1.5-1.8
- Increase Volume MA Period to 30-50
- Use standard MACD settings
**For forex (with automatic CME futures):**
- The indicator automatically uses CME futures when forex pairs are detected
- Set appropriate trading session based on your timezone
- Use Volume Lookback of 5-7 bars
- Consider session-based alerts only
- Monitor the information table to verify correct futures mapping
**For commodities (Gold, Silver, Oil, Copper):**
- The indicator automatically maps to COMEX and NYMEX futures
- Increase High Volume Ratio to 2.0-2.5 for metals
- Use slightly higher Volume MA Period (25-30) for smoother analysis
- Trade during active market hours for best volume data
- The information table will show the futures contract being used (orange highlight)
## Limitations and Considerations
**What this indicator does NOT do:**
- Does not predict future price direction
- Does not guarantee profitable trades
- Does not replace proper risk management
- Does not work well in extremely low-volume conditions
**Market conditions to avoid:**
- Pre-market and after-hours sessions (low volume)
- Major news events (volatile, unpredictable volume)
- Holidays and low-liquidity periods
- Extremely low float stocks
## Conclusion
Smart MACD Volume Trader represents a significant evolution of the traditional MACD indicator by combining volume confirmation with automatic institutional volume integration. This dual-confirmation approach significantly improves signal quality by filtering out low-conviction price movements and ensuring traders work with accurate volume data.
The indicator's automatic detection and mapping system supports over 24 instruments across forex, commodities, and metals markets. By intelligently switching to CME and COMEX futures contracts when appropriate, the indicator provides forex and commodity traders with the same quality of volume data that stock traders naturally have access to.
This indicator is particularly valuable for traders who want to:
- Align their entries with institutional money flow
- Avoid getting trapped in false breakouts
- Trade forex pairs with reliable volume data
- Access accurate volume information for gold, silver, and energy commodities
- Combine momentum and volume analysis in a single, streamlined tool
Whether you are day trading stocks, swing trading forex pairs, or positioning in commodities markets, this indicator provides a robust framework for identifying high-probability momentum trades backed by genuine institutional participation. The automatic futures mapping works seamlessly across all supported instruments, requiring no manual configuration or expertise in futures markets.
---
## Support and Updates
This indicator is actively maintained and updated based on user feedback and market conditions. For questions about implementation or custom modifications, please use the comments section below.
**Disclaimer:** This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Always conduct your own analysis and risk management before trading.
Multi-Timeframe EMA Trend Dashboard with Volume and RSI Filters═══════════════════════════════════════════════════════════
MULTI-TIMEFRAME EMA TREND DASHBOARD
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OVERVIEW
This indicator provides a comprehensive view of trend direction across multiple timeframes using the classic EMA 20/50 crossover methodology, enhanced with volume confirmation and RSI filtering. It aggregates trend information from six timeframes into a single dashboard for efficient market analysis.
The indicator is designed for educational purposes and to assist traders in identifying potential trend alignments across different time horizons.
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FEATURES
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MULTI-TIMEFRAME ANALYSIS
• Monitors 6 timeframes simultaneously: 1m, 5m, 15m, 1H, 4H, 1D
• Each timeframe analyzed independently using request.security()
• Non-repainting implementation with proper lookahead settings
• Calculates overall trend strength as percentage of bullish timeframes
EMA CROSSOVER SYSTEM
• Fast EMA (default: 20) and Slow EMA (default: 50)
• Bullish: Fast EMA > Slow EMA
• Bearish: Fast EMA < Slow EMA
• Neutral: Fast EMA = Slow EMA (rare condition)
• Visual EMA plots with optional fill area
VOLUME CONFIRMATION
• Optional volume filter for crossover signals
• Compares current volume against moving average (default: 20-period SMA)
• Categorizes volume as: High (>1.5x average), Normal (>average), Low (70), oversold (<30), and neutral zones
• Used in quality score calculation
• Optional display toggle
SUPPORT & RESISTANCE DETECTION
• Automatic detection using highest/lowest over lookback period (default: 50 bars)
• Plots resistance (red), support (green), and mid-level (gray)
• Step-line style for clear visualization
• Optional display toggle
QUALITY SCORING SYSTEM
• Rates trade setups from 1-5 stars
• Considers: MTF alignment, volume confirmation, RSI positioning
• 5 stars: 4+ timeframes aligned + volume confirmed + RSI 50-70
• 4 stars: 4+ timeframes aligned + volume confirmed
• 3 stars: 3+ timeframes aligned
• 2 stars: Exactly 3 timeframes aligned
• 1 star: Other conditions
VISUAL DASHBOARD
• Clean table display (position customizable)
• Color-coded trend indicators (green/red/yellow)
• Extended statistics panel (toggleable)
• Shows: Trends, Strength, Quality, RSI, Volume, Price Distance
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TECHNICAL SPECIFICATIONS
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CALCULATIONS
Trend Determination per Timeframe:
• request.security() fetches EMA values with gaps=off, lookahead=off
• Compares Fast EMA vs Slow EMA
• Returns: 1 (bullish), -1 (bearish), 0 (neutral)
Trend Strength:
• Counts number of bullish timeframes
• Formula: (bullish_count / 6) × 100
• Range: 0% (all bearish) to 100% (all bullish)
Price Distance from EMA:
• Formula: ((close - EMA) / EMA) × 100
• Positive: Price above EMA
• Negative: Price below EMA
• Warning when absolute distance > 5%
ANTI-REPAINTING MEASURES
• All request.security() calls use lookahead=barmerge.lookahead_off
• Dashboard updates only on barstate.islast
• Historical bars remain unchanged
• Crossover signals finalize on bar close
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USAGE GUIDE
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INTERPRETING THE DASHBOARD
Timeframe Rows:
• Each row shows individual timeframe trend status
• Look for alignment (multiple timeframes same direction)
• Higher timeframes generally more significant
Strength Indicator:
• >66.67%: Strong bullish (4+ timeframes bullish)
• 33.33-66.67%: Mixed/choppy conditions
• <33.33%: Strong bearish (4+ timeframes bearish)
Quality Score:
• Higher stars = better confluence of factors
• 5-star setups have strongest multi-factor confirmation
• Lower scores may indicate weaker or conflicting signals
SUGGESTED APPLICATIONS
Trend Confirmation:
• Check if multiple timeframes confirm current chart trend
• Higher agreement = stronger trend confidence
• Use for position sizing decisions
Entry Timing:
• Wait for EMA crossover on chart timeframe
• Confirm with higher timeframe alignment
• Volume above average preferred
• RSI not in extreme zones
Divergence Detection:
• When lower timeframes diverge from higher
• May indicate trend exhaustion or reversal
• Requires additional confirmation
CUSTOMIZATION
EMA Settings:
• Adjust Fast/Slow lengths for different sensitivities
• Shorter periods = more responsive, more signals
• Longer periods = smoother, fewer signals
• Common alternatives: 10/30, 12/26, 50/200
Volume Filter:
• Enable for higher-quality signals (fewer false positives)
• Disable in always-liquid markets or for more signals
• Adjust MA length based on typical volume patterns
Display Options:
• Toggle EMAs, S/R levels, extended stats as needed
• Choose dashboard position to avoid chart overlap
• Adjust colors for visibility preferences
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ALERTS
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AVAILABLE ALERT CONDITIONS
1. Bullish EMA Cross (Volume Confirmed)
2. Bearish EMA Cross (Volume Confirmed)
3. Strong Bullish Alignment (4+ timeframes)
4. Strong Bearish Alignment (4+ timeframes)
5. Trend Strength Increasing (>16.67% jump)
6. Trend Strength Decreasing (>16.67% drop)
7. Excellent Trade Setup (5-star rating)
Alert messages use standard placeholders:
• {{ticker}} - Symbol name
• {{close}} - Current close price
• {{time}} - Bar timestamp
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LIMITATIONS & CONSIDERATIONS
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KNOWN LIMITATIONS
• Lower timeframe data may not be available on all symbols
• 1-minute data typically limited to recent history
• request.security() subject to TradingView data limits
• Dashboard requires screen space (may overlap on small screens)
• More complex calculations may affect load time on slower devices
NOT SUITABLE FOR
• Highly volatile/illiquid instruments (many false signals)
• News-driven markets during announcements
• Automated trading without additional filters
• Markets where EMA strategies don't perform well
DOES NOT PROVIDE
• Exact entry/exit prices
• Stop-loss or take-profit levels
• Position sizing recommendations
• Guaranteed profit signals
• Market predictions
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BEST PRACTICES
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RECOMMENDED USAGE
✓ Combine with price action analysis
✓ Use appropriate risk management
✓ Backtest on historical data before live use
✓ Adjust settings for specific market characteristics
✓ Wait for higher-quality setups in important trades
✓ Consider overall market context and fundamentals
NOT RECOMMENDED
✗ Using as standalone trading system without confirmation
✗ Trading every signal without discretion
✗ Ignoring risk management principles
✗ Trading without understanding the methodology
✗ Applying to unsuitable markets/timeframes
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EDUCATIONAL BACKGROUND
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EMA CROSSOVER STRATEGY
The Exponential Moving Average crossover is a classical trend-following technique:
• Golden Cross: Fast EMA crosses above Slow EMA (bullish signal)
• Death Cross: Fast EMA crosses below Slow EMA (bearish signal)
• Widely used since the 1970s in various markets
• More responsive than SMA due to exponential weighting
MULTI-TIMEFRAME ANALYSIS
Analyzing multiple timeframes helps traders:
• Identify alignment between short and long-term trends
• Reduce false signals from single-timeframe noise
• Understand market context across different horizons
• Make informed decisions about trade duration
VOLUME ANALYSIS
Volume confirmation adds reliability:
• High volume suggests institutional participation
• Low volume signals may indicate false breakouts
• Volume precedes price in many market theories
• Helps distinguish genuine moves from noise
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TECHNICAL IMPLEMENTATION
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CODE STRUCTURE
• Organized in clear sections with proper commenting
• Uses explicit type declarations (int, float, bool, color, string)
• Constants defined at top (BULLISH=1, BEARISH=-1, etc.)
• Functions documented with @function, @param, @returns
• Follows PineCoders naming conventions (camelCase variables)
PERFORMANCE OPTIMIZATION
• var keyword for table (created once, not every bar)
• Calculations cached where possible
• Dashboard updates only on last bar
• Minimal redundant security() calls
SECURITY IMPLEMENTATION
• Proper gaps and lookahead parameters
• No future data leakage
• Signals finalize on bar close
• Historical bars remain static
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VERSION INFORMATION
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Current Version: 2.0
Pine Script Version: 5
Last Updated: 2024
Developed by: Zakaria Safri
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SETTINGS REFERENCE
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EMA SETTINGS
• Fast EMA Length: 1-500 (default: 20)
• Slow EMA Length: 1-500 (default: 50)
VOLUME & MOMENTUM
• Use Volume Confirmation: true/false (default: true)
• Volume MA Length: 1-500 (default: 20)
• Show RSI Levels: true/false (default: true)
• RSI Length: 1-500 (default: 14)
PRICE ACTION FEATURES
• Show Price Distance: true/false (default: true)
• Show Key Levels: true/false (default: true)
• S/R Lookback Period: 10-500 (default: 50)
DISPLAY SETTINGS
• Show EMAs on Chart: true/false (default: true)
• Fast EMA Color: customizable (default: cyan)
• Slow EMA Color: customizable (default: orange)
• EMA Line Width: 1-5 (default: 2)
• Show Fill Between EMAs: true/false (default: true)
• Show Crossover Signals: true/false (default: true)
DASHBOARD SETTINGS
• Position: Top Left/Right, Bottom Left/Right
• Show Extended Statistics: true/false (default: true)
ALERT SETTINGS
• Alert on Multi-TF Alignment: true/false (default: true)
• Alert on Trend Strength Change: true/false (default: true)
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RISK DISCLAIMER
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This indicator is provided for educational and informational purposes only. It should not be considered financial advice or a recommendation to buy or sell any security.
IMPORTANT NOTICES:
• Past performance does not indicate future results
• All trading involves risk of capital loss
• No indicator guarantees profitable trades
• Always conduct independent research and analysis
• Use proper risk management and position sizing
• Consult a qualified financial advisor before trading
• The developer assumes no liability for trading losses
By using this indicator, you acknowledge that you understand these risks and accept full responsibility for your trading decisions.
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SUPPORT & CONTRIBUTIONS
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FEEDBACK WELCOME
• Constructive comments appreciated
• Bug reports help improve the indicator
• Feature suggestions considered for future versions
• Share your experience to help other users
OPEN SOURCE
This code is published as open source for the TradingView community to:
• Learn from the implementation
• Modify for personal use
• Understand multi-timeframe analysis techniques
If you find this indicator useful, please consider:
• Leaving a thoughtful review
• Sharing with other traders who might benefit
• Following for future updates and releases
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ADDITIONAL RESOURCES
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RECOMMENDED READING
• TradingView Pine Script documentation
• PineCoders community resources
• Technical analysis textbooks on moving averages
• Multi-timeframe trading strategy guides
• Risk management principles
RELATED CONCEPTS
• Trend following strategies
• Moving average convergence/divergence
• Multiple timeframe analysis
• Volume-price relationships
• Momentum indicators
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Thank you for using this indicator. Trade responsibly and continue learning!
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Trend Telescope v4 Basic Configuration
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// Enable only the components you need
Order Flow: ON
Delta Volume: ON
Volume Profile: ON
Cumulative Delta: ON
Volatility Indicator: ON
Momentum Direction: ON
Volatility Compression: ON
📊 Component Breakdown
1. Order Flow Analysis
Purpose: Identifies buying vs selling pressure
Visual: Histogram (Green=Buying, Red=Selling)
Calculation: Volume weighted by price position
Usage: Spot institutional order blocks
2. Delta Volume Values
Purpose: Shows volume imbalance
Bull Volume (Green): Volume on up bars
Bear Volume (Red): Volume on down bars
Usage: Identify volume divergences
3. Anchored Volume Profile
Purpose: Finds high-volume price levels
POC (Point of Control): Price with highest volume
Profile Length: Adjustable (default: 50 bars)
Usage: Identify support/resistance zones
4. Cumulative Volume Delta
Purpose: Tracks net buying/selling pressure over time
Trend Analysis: Rising=Buying pressure, Falling=Selling pressure
Divergence Detection: Price vs Delta divergences
Usage: Confirm trend strength
5. Volatility Indicator
Purpose: Measures market volatility with cycle detection
Volatility Ratio: ATR as percentage of price
Volatility Cycle: SMA of volatility (identifies periods)
Histogram: Difference between current and average volatility
Usage: Adjust position sizing, identify breakout setups
6. Real-time Momentum Direction
Purpose: Multi-factor momentum assessment
Components: Price momentum (50%), RSI momentum (30%), Volume momentum (20%)
Visual: Line plot with color coding
Labels: Clear BULLISH/BEARISH/NEUTRAL signals
Usage: Trend confirmation, reversal detection
7. Volatility Compression Analysis
Purpose: Identifies low-volatility consolidation periods
Compression Detection: True Range below threshold
Strength Meter: How compressed the market is
Histogram: Red when compressed, Gray when normal
Usage: Predict explosive moves, prepare for breakouts
⚙️ Advanced Configuration
Optimal Settings for Different Timeframes
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// Scalping (1-15 min)
Profile Length: 20
ATR Period: 10
Momentum Length: 8
Compression Threshold: 0.3
// Day Trading (1H-4H)
Profile Length: 50
ATR Period: 14
Momentum Length: 14
Compression Threshold: 0.5
// Swing Trading (Daily)
Profile Length: 100
ATR Period: 20
Momentum Length: 21
Compression Threshold: 0.7
Alert Setup Guide
Enable "Enable Alerts" in settings
Choose alert types:
Momentum Alerts: When momentum changes direction
Compression Alerts: When volatility compression begins
Set alert frequency to "Once Per Bar"
Configure notification preferences
🎯 Trading Strategies
Strategy 1: Compression Breakout
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Entry Conditions:
1. Volatility Compression shows RED histogram
2. Cumulative Delta trending upward
3. Momentum turns BULLISH
4. Price breaks above POC level
Exit: When Momentum turns BEARISH or Compression ends
Strategy 2: Momentum Reversal
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Entry Conditions:
1. Strong Order Flow in opposite direction
2. Momentum divergence (price makes new high/low but momentum doesn't)
3. Volume confirms the reversal
Exit: When Order Flow returns to trend direction
Strategy 3: Institutional Accumulation
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Identification:
1. High Cumulative Delta but flat/sideways price
2. Consistent Order Flow in one direction
3. Volume Profile shows accumulation at specific levels
Trade: Enter in direction of Order Flow when price breaks level
📈 Interpretation Guide
Bullish Signals
✅ Order Flow consistently green
✅ Cumulative Delta making higher highs
✅ Momentum above zero and rising
✅ Bull Volume > Bear Volume
✅ Price above POC level
Bearish Signals
✅ Order Flow consistently red
✅ Cumulative Delta making lower lows
✅ Momentum below zero and falling
✅ Bear Volume > Bull Volume
✅ Price below POC level
Caution Signals
⚠️ Momentum divergence (price vs indicator)
⚠️ Volatility compression (potential big move coming)
⚠️ Mixed signals across components
🔧 Troubleshooting
Common Issues & Solutions
Problem: Indicators not showing
Solution: Check "Show on Chart" is enabled
Problem: Alerts not triggering
Solution: Verify alert is enabled in both script and TradingView alert panel
Problem: Performance issues
Solution: Reduce number of enabled components or increase timeframe
Problem: Volume Profile not updating
Solution: Adjust Profile Length setting, ensure sufficient historical data
Performance Optimization
Disable unused components
Increase chart timeframe
Reduce historical bar count
Use on lower timeframes with fewer indicators enabled
💡 Pro Tips
Risk Management
Use Volatility Indicator for position sizing
Monitor Cumulative Delta for trend confirmation
Use POC levels for stop-loss placement
Multi-Timeframe Analysis
Use higher timeframe for trend direction
Use current timeframe for entry timing
Correlate signals across timeframes
Market Condition Adaptation
Trending Markets: Focus on Momentum + Order Flow
Ranging Markets: Focus on Volume Profile + Compression
High Volatility: Use smaller position sizes
Low Volatility: Prepare for compression breakouts
📚 Educational Resources
Key Concepts to Master
Volume-price relationships
Market microstructure
Institutional order flow
Volatility regimes
Momentum vs mean reversion
Recommended Learning Path
Start with Order Flow + Momentum only
Add Volume Profile once comfortable
Incorporate Volatility analysis
Master multi-component correlation
🆘 Support
Getting Help
Check component toggles are enabled
Verify sufficient historical data is loaded
Test on major pairs/indices first
Adjust settings for your trading style
Continuous Improvement
Backtest strategies thoroughly
Keep a trading journal
Adjust parameters based on market conditions
Combine with price action analysis
Remember: No indicator is perfect. Use this tool as part of a comprehensive trading plan with proper risk management. Always test strategies in demo accounts before live trading.
Happy Trading! 📈
Adaptive Pulse Frequency & Amplitude TrendAdaptive Pulse Frequency & Amplitude Trend Indicator
This Pine Script indicator is designed to identify strong bullish or bearish trends by analyzing volume dynamics on a lower timeframe than the one currently displayed on the chart. It operates on the principle of detecting significant spikes in buying or selling pressure, referred to as "pulses," and then evaluating their frequency, strength, and dominance over the opposing market forces.
Core Concepts
Lower Timeframe Volume Analysis: The script requests up-volume and down-volume data from a more granular, lower timeframe (e.g., 1-minute data when on a 15-minute chart). This provides a higher-resolution view of the flow of buy and sell orders.
Adaptive Pulse Detection: A "pulse" is defined as a bar with an unusually high net volume (up volume minus down volume). Instead of using a fixed value, the indicator calculates an adaptive threshold based on the 90th percentile of net volume over a 100-bar lookback period. Any bar with a net volume exceeding this dynamic threshold is flagged as a pulse, categorized as either bullish (positive net volume) or bearish (negative net volume).
Frequency and Amplitude: The indicator measures two key aspects of these pulses over user-defined lookback periods:
Net Frequency: The number of bullish pulses minus the number of bearish pulses. A positive value indicates more buying pulses, while a negative value indicates more selling pulses.
Net Amplitude : The cumulative volume of bullish pulses minus the cumulative volume of bearish pulses. This measures the overall strength and conviction behind the pulses.
Primary Trend Signal
The indicator's primary signal comes from a strict dominance condition. It doesn't just look for more buying or selling pulses; it checks if these pulses are powerful enough to overwhelm the total opposite pressure in the market.
Bullish Dominance (Green Background): A strong bullish signal is generated when the total volume of all bullish pulses within a lookback period is greater than the total down-volume from all bars (not just pulses) in that same period.
Bearish Dominance (Red Background): A strong bearish signal is generated when the total volume of all bearish pulses is greater than the total up-volume from all bars in that period.
The chart background is colored green for bullish dominance and red for bearish dominance, providing a clear visual cue for when one side has taken decisive control.
Plotted Data
In addition to the background coloring, the indicator plots several lines in its own pane for more detailed analysis:
Net Frequency: Shows the trend in the number of bull vs. bear pulses.
Net Amplitude: Shows the trend in the strength of bull vs. bear pulses.
Bullish/Bearish Amplitude: The individual cumulative volumes for bull and bear pulses.
Dynamic Threshold: The adaptive value used to identify pulses.
By combining an adaptive detection method with a strict dominance condition, this tool aims to filter out market noise and highlight periods of genuinely strong, volume-backed trends.
Dammu AI ADVANCED PRO1. Indicator Overview
Name: Dammu
Type: Overlay indicator (draws on price chart)
Purpose: Combines SuperTrend, SMA/EMA trends, Swing/Structure analysis, Order Blocks, Fair Value Gaps, High/Low levels, TP/SL labels, and alerts.
Pine Script Version: v5
2. SuperTrend Module
Computes SuperTrend line using ATR and sensitivity.
Signals:
Bullish: Price crosses above SuperTrend.
Bearish: Price crosses below SuperTrend.
Plots buy/sell labels 🚀🐻 based on SMA comparison and SuperTrend cross.
3. SMA/EMA Trend Components
SMA8 & SMA9: Used for additional trend confirmation.
EMA lines: Multiple EMAs with different multipliers for trend detection.
Trend Cloud: Uses Hull MA for trend smoothing.
4. Risk Management
TP/SL Levels: Automatic calculation of stop-loss and take-profit (TP1, TP2, TP3).
Configurable ATR-based risk percentage.
Lines and labels drawn for visual TP/SL.
5. Chart Features
Smooth Range Filter: Filters noise for trend detection.
Colored Trend Cloud: Upward trend = cyan, downward = red.
Sideways Market: ADX filter to color bars purple if trend is weak/sideways.
Bar Colors: Green/red based on SuperTrend signals.
6. Swing & Structure Analysis
Detects Swing Highs/Lows, labels as HH, LH, LL, HL.
Detects CHoCH (Change of Character) or BOS (Break of Structure).
Can show internal or swing structures with configurable label size and color.
7. Order Blocks (Smart Money Concepts)
Detects Internal Order Blocks (iOB) and Swing Order Blocks (OB).
Stores top/bottom/left/time/type in arrays.
Colors and shows boxes based on bullish/bearish type.
Automatically deletes OB if price breaks the block.
8. Fair Value Gaps (FVG)
Identifies gaps between candles as potential trading zones.
Configurable bullish/bearish colors and extension bars.
9. EQH/EQL (Equal Highs/Lows)
Detects equal highs/lows using a threshold.
Plots dotted lines and labels EQH/EQL.
10. High/Low Levels MTF
Optional plotting of previous daily, weekly, monthly highs/lows.
11. Premium/Discount Zones
Plots Premium, Discount, and Equilibrium Zones.
Colors: Premium = red, Discount = green, Equilibrium = gray.
12. Alerts
Buy/Sell alerts for:
SuperTrend crossover
BOS/CHoCH (swing/internal)
EQH/EQL triggers
13. Miscellaneous
Configurable visuals: line style, label size, transparency.
Adjustable volatility filters, ATR lengths, smoothing constants.
Integrated risk & reward visualization.
✅ In short:
This is an all-in-one Smart Money + Trend indicator with SuperTrend signals, swing/structure detection, order blocks, FVGs, EQH/EQL, TP/SL visualization, and optional alerts. It’s designed for both trend-following and order-block-based trading.
If you want, I can make a super-short 1-paragraph version that summarizes it even faster for quick reference.






















