[blackcat] L2 Market Risk MeterOVERVIEW
The L2 Market Risk Meter is designed to evaluate market conditions using various technical indicators including Moving Averages (MA), Moving Average Convergence Divergence (MACD), and Bollinger Bands 📈🔍. By analyzing these elements, the script helps traders identify potential buying opportunities and assess the overall market sentiment more effectively. This comprehensive approach aids in making informed trading decisions by providing clear visual representations of critical market factors 🚀💸.
Key components include the calculation of short-term and long-term moving averages, MACD lines, and Bollinger Bands, which are then used to plot histograms and labels directly on the chart. These visual cues assist traders in quickly interpreting complex market data, thereby enhancing their ability to navigate volatile markets and capitalize on emerging trends ✅✨.
FEATURES
Advanced Technical Analysis:
Utilizes Short and Long Moving Averages (MAs) to capture different trend durations.
Implements MACD for detecting changes in the strength, direction, momentum, and duration of a trend.
Incorporates Bollinger Bands to measure volatility and provide dynamic support/resistance levels.
Comprehensive Visualization:
Generates colored histograms representing positive and negative MACD values.
Displays labels indicating "Safe," "Risk," and "Buy" signals at crucial points on the chart.
Flexible Settings:
Allows customization of the short_ma_period and long_ma_period to tailor the analysis to individual trading styles or asset types.
Provides configurable colors and styles for histograms and labels to suit personal preferences.
Real-Time Feedback:
Updates dynamically as new price data becomes available, ensuring timely insights.
Facilitates rapid identification of shifts in market conditions through clear graphical outputs.
HOW TO USE
Adding the Indicator:
Begin by adding the L2 Market Risk Meter to your chart on TradingView. You can do this via the "Pine Editor" located at the bottom of the screen. Simply copy-paste the script into the editor and click "Add to Chart."
Configuring Parameters:
Adjust the short_ma_period and long_ma_period inputs based on your preferred timeframes and strategies. For example, shorter periods will react faster but may be noisier, while longer periods offer smoother trends but slower reactions.
Interpreting Histograms:
Monitor the plotted histograms closely:
Positive Values: Represent bullish momentum where the closing prices are higher than the moving average.
Negative Values: Suggest bearish pressure when the closing prices fall below the moving average.
Understanding Labels:
Pay attention to generated labels for actionable insights:
"Safe" Zone: Appears when the price crosses from below to above the lower Bollinger Band, suggesting reduced risk.
"Risk" Zone: Indicates heightened caution if the price breaches upward from below the upper Bollinger Band.
"Buy" Signal: Triggered under stringent bullish conditions combining all predefined criteria, signaling an opportune moment to enter long positions.
Integrating with Other Tools:
Use the L2 Market Risk Meter alongside other technical studies and fundamental analyses to corroborate findings and strengthen your trading strategy.
Regular Review:
Periodically revisit and tweak your parameters and interpretations in light of changing market environments and performance evaluations.
LIMITATIONS
Dependency on Historical Data: Since the indicator relies extensively on historical price movements, its predictions about future trends should be viewed cautiously.
Not Standalone Solution: Like any other tool, it does not guarantee profitability and must be part of a holistic trading plan that includes multiple confirmation methods.
Parameter Sensitivity: Optimal performance depends greatly on selecting appropriate MA period lengths; improper choices could lead to misleading signals.
Volatility Assumptions: The effectiveness of Bollinger Bands varies across different market conditions, especially during low volatility phases where bands might fail to expand significantly.
NOTES
Understanding individual components such as MAs, MACDs, and Bollinger Bands is essential before fully depending on this script's output.
Always backtest any new strategy incorporating this meter thoroughly against diverse market scenarios to gauge reliability.
Consider employing supplementary filters like volume spikes or candlestick patterns to validate signals further.
Be mindful of sudden news events or economic releases impacting asset prices independently of underlying trends highlighted here.
THANKS
A big thank you goes out to fellow members of the TradingView community who have contributed invaluable feedback and suggestions throughout the development process of this indicator 🙏. Your input has been instrumental in refining and improving the functionality and usability of the L2 Market Risk Meter. Continue sharing your experiences so we can collectively enhance our trading capabilities!
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Transfer Function Filter [theUltimator5]The Transfer Function Filter is an engineering style approach to transform the price action on a chart into a frequency, then filter out unwanted signals using Butterworth-style filter approach.
This indicator allows you to analyze market structure by isolating or removing different frequency components of price movement—similar to how engineers filter signals in control systems and electrical circuits.
🔎 Features
Four Filter Types
1) Low Pass Filter – Smooths price data, highlighting long-term trends while filtering out short-term noise. This filter acts similar to an EMA, removing noisy signals, resulting in a smooth curve that follows the price of the stock relative to the filter cutoff settings.
Real world application for low pass filter - Used in power supplies to provide a clean, stable power level.
2) High Pass Filter – Removes slow-moving trends to emphasize short-term volatility and rapid fluctuations. The high pass filter removes the "DC" level of the chart, removing the average price moves and only outputting volatility.
Real world application for high pass filter - Used in audio equalizers to remove low-frequency noise (like rumble) while allowing higher frequencies to pass through, improving sound clarity.
3) Band Pass Filter – Allows signals to plot only within a band of bar ranges. This filter removes the low pass "DC" level and the high pass "high frequency noise spikes" and shows a signal that is effectively a smoothed volatility curve. This acts like a moving average for volatility.
Real world application for band pass filter - Radio stations only allow certain frequency bands so you can change your radio channel by switching which frequency band your filter is set to.
4) Band Stop Filter – Suppresses specific frequency bands (cycles between two cutoffs). This filter allows through the base price moving average, but keeps the high frequency volatility spikes. It allows you to filter out specific time interval price action.
Real world application for band stop filter - If there is prominent frequency signal in the area which can cause unnecessary noise in your system, a band stop filter can cancel out just that frequency so you get everything else
Configurable Parameters
• Cutoff Periods – Define the cycle lengths (in bars) to filter. This is a bit counter-intuitive with the numbering since the higher the bar count on the low-pass filter, the lower the frequency cutoff is. The opposite holds true for the high pass filter.
• Filter Order – Adjust steepness and responsiveness (higher order = sharper filtering, but with more delay).
• Overlay Option – Display Low Pass & Band Stop outputs directly on the price chart, or in a separate pane. This is enabled by default, plotting the filters that mimic moving averages directly onto the chart.
• Source Selection – Apply filters to close, open, high, low, or custom sources.
Histograms for Comparison
• BS–LP Histogram – Shows distance between Band Stop and Low Pass filters.
• BP–HP Histogram – Highlights differences between Band Pass and High Pass filters.
Histograms give the visualization of a pseudo-MACD style indicator
Visual & Informational Aids
• Customizable colors for each filter line.
• Optional zero-line for histogram reference.
• On-chart info table summarizing active filters, cutoff settings, histograms, and filter order.
📊 Use Cases
Trend Detection – Use the Low Pass filter to smooth noise and follow underlying market direction.
Volatility & Cycle Analysis – Apply High Pass or Band Pass to capture shorter-term patterns.
Noise Suppression – Deploy Band Stop to remove specific choppy frequencies.
Momentum Insight – Watch the histograms to spot divergences and relative filter strength.
Adil Hoca - US Market Score Only NasdaqMarket Score & Crash Detector Indicator
User Guide & Usage Instructions
This TradingView indicator provides a comprehensive market risk assessment, combining multiple financial metrics to detect potential market crashes, recessions, and overall trend regimes. It is especially designed to alert traders and investors about early warning signals before significant market downturns, enabling proactive decision-making.
Key Features
Multi-Metric Market Sentiment: Uses volatility indices, currency strength, yield spreads, breadth, and bond ratios to evaluate market health.
Crash Detection System: Monitors various conditions such as VIX spikes, breadth collapse, momentum cliffs, high-yield spread surges, and hidden market weaknesses.
Reccession Indicator: Incorporates the Sahm Rule, a proven recession indicator based on employment data.
Alert System: Sends real-time alerts for critical market conditions, including crashes, recession signals, and spreads alerts.
Visual Elements: Includes histograms, trend lines, threshold lines, and shape signals to visually interpret market states.
Customizable Parameters: Adjust weights, sensitivity, thresholds, and alert preferences to suit your trading style.
How it Works
1. Data Collection
The indicator fetches data from multiple sources:
Market volatility: VIX index
Currency strength: DXY index
Interest rates: SOFR, PCE inflation
Yield spreads: High Yield Credit Spread, Investment Grade Spread
Market Breadth: Ratio of QQQ to TLT (tech vs. bonds)
Bond Ratios: TMF/TMV (long-term bonds)
Employment Data: The Sahm Rule (monthly unemployment data)
2. Normalization
Data is normalized via z-score calculations over defined periods to standardize the metrics, making them comparable regardless of their original scale.
3. Composite Score Calculation
Each metric is weighted according to user-defined parameters, and a composite score is generated to represent the overall market sentiment, smoothed with an EMA for trend clarity.
4. Crash & Recession Detection
Crash System: Looks for conditions like VIX spikes, breadth collapse, momentum drops, high yield spread surges, and hidden weaknesses. If multiple conditions meet thresholds, alerts trigger.
Recession Indicator: Uses the Sahm Rule, which compares the current unemployment rate's three-month average to the lowest point over the past 12 months. When it exceeds a certain threshold, a recession signal is generated.
5. Alerts & Visualization
Sound & Shape Alerts: Signals like warning triangles, cross icons, and color changes.
Threshold Lines: Indicate levels like "Strong Bullish," "Strong Bear," and critical zones.
Dual Confirmation: Combines crash and recession signals for high-confidence alerts.
Usage & Customization
Placing the Indicator
Copy and paste the Pine Script code into TradingView's Pine Editor.
Save and add the script to your chart. Adjust inputs like weights, sensitivity mode, thresholds, and alert preferences via the input panel.
Key Inputs
Weights: Customize the importance of each metric.
Sensitivity Mode: Changes alert thresholds for early warnings.
Crash Sensitivity: Defines how many indicators need to trigger before issuing a crash alert.
Recession Thresholds: Set the unemployment level that signals recession.
Interpreting Visuals
Histogram: Shows the composite score; green means bullish, red indicates bearish.
Momentum Line: Highlights trend acceleration/deceleration.
Threshold Lines: Dotted/dashed lines showing critical zones.
Shape Shapes: Triangles or crosses appear for early signals or critical events.
Alerts
Crash Alerts: Warn of imminent market crashes.
Recession Alerts: Indicate economic downturns based on Sahm Rule.
Spread Alerts: Show high-yield credit spread surges signaling stress.
Double Confirmation: High-confidence signals when crash and recession conditions align.
Best Practices
Use on multiple timeframes for confirmation.
Combine with other technical analysis tools for better accuracy.
Adjust thresholds according to your risk appetite.
Follow alert signals for early warning but always consider overall context.
Final Notes
This indicator synthesizes a variety of leading and lagging indicators to give a holistic view of market health. It is designed to provide early warnings, especially in volatile or stressed environments, helping traders avoid severe drawdowns or position ahead of major downturns.
Feel free to modify input parameters for your preferences, or integrate additional data sources for further refinement.
This detailed explanation can be directly included as a description or documentation within your TradingView script, helping users grasp its full capabilities and optimal usage.
MA DifferenceThe MA Difference indicator shows 3 histograms representing differences in moving averages between a base MA (10) and 3 MA's: short (20), medium (50), and long (200). It also shows an exponentially weighted trend line which can indicate breakout opportunities, has alerts on all base <-> X crossovers, and shows potential consolidation zones where MA differences are below a user-defined tolerance.
The suggested way to use this indicator is to place a trade when the trend line is above the histogram (and filling the space between them). This indicates that the current MA values are significantly above or below the expected range and that prices are in the midst of breaking out. You may also consult the consolidation zones to eliminate false breakouts and momentary changes in trend. You may also consult the various short, medium, and long crossovers and crossunders to time entries and exits accordingly.
Histograms
The 3 histograms represent the differences between:
Base MA (10) and Short MA (20)
Base MA (10) and Medium MA (50)
Base MA (10) and Long MA (200)
All 4 moving average values can be configured in the indicator's settings. Consistency in direction and color of the histogram indicates a consistent trend across the various moving averages.
Trend Line
The trend line is an exponentially weighted average of the 3 moving averages, scaled by a factor configurable in the settings. When using the trend line, shading will be applied to the difference between the extremes of the histogram and the trend line to indicate that the chart is in a "breakout zone" and is beyond the normal, gradual sway of price action.
Crossovers/Crossunders
You may optionally turn on crossovers and crossunders in the indicator's settings to display when a short, medium, or long crossover occurs against the base moving average. Likewise, alerts are available for each crossover and crossunder for each of the 3 moving average convergences.
Consolidation Zones
Consolidation zones, as well as a line representing the current amount of consolidation, can also be optionally drawn on the chart. These indicate when a security is likely in consolidation, according to the spread of various MA values.
Moving Average Multifuntional OscillatorHi there!
This indicator solvs many task at time.
1. Classic AO histogram - shows convergence or divergence of two SMA (you can input you period)
2. Color of histogram - green for bullish, red for bearish, gray for flat. Depends of conditions in "crossboard block" which include:
2.1 SMA1 cross SMA2 (you can turn off SMA1 and SMA2 optionnaly, to have at least SMA3 and SMA4)
2.3 SMA2 cross SMA3 (you can turn off SMA1 and SMA2 optionnaly, to have at least SMA3 and SMA4)
2.4 SMA3 cross SMA4 - required
2.5 Price bar closed cross SMA5 - (you can turn off this parameter optionally)
3.1 MC SMA fast - momentum checker SMA of histogramm (you can input your period)
3.2 MC SMA slow - momentum checker SMA of histogramm (you can input your period)
3.3 If AO > 0, but MC SMA fast< MC SMA slow - orange bg colo r. It warns us about impulse's weakness
4. Extremely "k" ratio - this ratio (you can input) use in condition AO<(MC SMA slow*K) - red bg color . It warns us about extremely convergence of AO's SMA and might be a trend end signal
5. Alerts: it has 3 alert settings. buy, sell, both.
Alert appears when color of histogram not flat and price closed cross over/under SMA Alert (you can input it). It is the best conditions to trade.
Enjoy!
Auction Market Theory LevelsAuction Market Theory Indicator
TradingView Pine Script v6 indicator that plots Auction Market Theory (AMT) session levels for RTH/ETH, including value area, VPOC, initial balance extensions, and session VWAP, with Bookmap cloud notes logging.
Features
RTH and ETH session detection with configurable session times.
RTH levels: HOD/LOD, IB30, IB60, IB0.5, IB1.5, IB2.
Value Area (VAH/VAL) and VPOC computed from a session volume profile histogram.
ETH levels: ONH/ONL/ONMID/ONVPOC.
Session VWAP overlay.
Optional labels and/or lines, with ability to extend lines to the right.
Previous session level carry-forward.
Bookmap CSV-style logging and alert payload formatting.
## Inputs
Sessions: `RTH session time`, `ETH session time`.
Levels toggles: `Show HOD and LOD`, `Show IB`, `Show IB30`, `Show IB60`, `Show IB1.5`, `Show IB2`, `Show ONH, ONL, ONVPOC, ONMID`, `Show VAH and VAL`, `Show VPOC`.
Value Area: `Value Area %`, `Number of Histograms`.
Display: `Show price labels`, `Show Lines at price levels`, `Extend lines to the right`, `Session VWAP`, `VWAP color`.
Lookback: `Look back time in hours for previous sessions`.
Logging: `Symbol Prefix` for Bookmap datafeed output.
Getting started
1. Open TradingView and create a new Pine Script.
2. Paste the contents of (src/auction-market-theory.pine).
3. Save and add the indicator to a chart.
Notes
The indicator is designed to run on intraday timeframes with session boundaries.
VPOC/VAH/VAL are calculated from a volume profile histogram built from session bars.
Alerts emit a CSV-style payload containing AMT levels for Bookmap.
Bookmap Cloud Notes output
The script logs and alerts a CSV-style line compatible with Bookmap Cloud Notes. Each line follows this format:
"SYMBOL",PRICE,NOTE,FG_COLOR,BG_COLOR,ALIGN,DIAMETER,LINE
Example (from the script):
"ESH6.CME@BMD",5243.25,ONVPOC,#000000,#ff0066,left,1,TRUE
Alerts → email → local Bookmap Cloud Notes
TradingView alerts can be configured to send these CSV lines to your email address. A simple Python script can then read the email and publish the notes locally to Bookmap Cloud Notes.
Suggested flow:
1. Create a TradingView alert for this indicator.
2. Use the alert message template to output the payload (the script already builds the message in `msg`).
3. Configure the alert to send to your email.
4. Run a local Python reader that parses the incoming email and forwards the CSV lines to your Bookmap Cloud Notes endpoint.
Phantom Trend IndicatorOverview
The Phantom Trend Indicator (PTI) is a streamlined tool for identifying trend direction and strength. It blends zigzag-based trend detection with a volume profile to display a histogram showing price distance from the Point of Control (POC). Six distinct colors highlight trend states, with background highlights for extreme price zones. Ideal for stocks, forex, crypto, and futures across any timeframe.
Features:
Trend Detection: Uses zigzag fractals to identify uptrends and downtrends.
Histogram Colors: Six colors for trend strength (low, high, extreme for up/down trends) or neutral (gray).
Dynamic Levels: Plots POC, Value Area Low (VAL), and High (VAH) via volume profile.
Background Colors: Highlights overbought (above VAH) or oversold (below VAL) zones.
Alerts: Signals new trends.
How It Works:
Trends: Zigzag fractals define trend ranges, with price position setting histogram colors (low, high, or extreme).
Histogram: Shows price deviation from POC.
Background: Colors extreme zones outside VAL/VAH.
This indicator builds on traditional trend detectors and volume profiles by integrating them into a single, cohesive tool. Unlike standard momentum indicators that rely on moving averages, PTI uses zigzag fractals for more responsive trend identification, reducing lag in volatile markets. Compared to basic volume profile scripts, it adds trend-based color coding and background alerts for extremes, providing clearer visual cues for overbought/oversold conditions. The six distinct colors indicate trend strength, and customizable thresholds allow fine-tuning for different assets and timeframes, enhancing adaptability. Traders benefit from combined momentum and liquidity insights, helping spot reversals or continuations more reliably—making PTI a valuable, standalone addition for both novice and experienced users.
Settings
Trend Detector: Toggle alerts, adjust zigzag sensitivity, and set thresholds for low-to-high and extreme color transitions.
Dynamic Levels: Configure volume profile period, multiplier, accuracy, value area percent, and ATR-based channel width.
Visuals: Customize POC, VAL, VAH, and area fill colors.
Read Histogram: Uptrend colors show early, strong, or overextended moves; downtrend colors indicate early, weakening, or oversold conditions; gray for consolidation.
Background: Monitor for overbought/oversold color-coded signals.
Tune: Adjust zigzag or period settings for your timeframe/asset.
Tips
Shorten period for intraday, extend for swing trading.
Pair with other indicators for confirmation.
Notes:
Requires sufficient chart data for volume profile.
Test settings for low-volatility assets.
For informational use only, not financial advice. Test thoroughly, and happy trading!
TTM Squeeze Momentum MTF [Cometreon]TTM Squeeze Momentum MTF combines the core logic of both the Squeeze Momentum by LazyBear and the TTM Squeeze by John Carter into a single, unified indicator. It offers a complete system to analyze the phase, direction, and strength of market movements.
Unlike the original versions, this indicator allows you to choose how to calculate the trend, select from 15 different types of moving averages, customize every parameter, and adapt the visual style to your trading preferences.
If you are looking for a powerful, flexible and highly configurable tool, this is the perfect choice for you.
🔷 New Features and Improvements
🟩 Unified System: Trend Detection + Visual Style
You can decide which logic to use for the trend via the "Show TTM Squeeze Trend" input:
✅ Enabled → Trend calculated using TTM Squeeze
❌ Disabled → Trend based on Squeeze Momentum
You can also customize the visual style of the indicator:
✅ Enable "Show Histogram" for a visual mode using Histogram, Area, or Column
❌ Disable it to display the classic LazyBear-style line
Everything updates automatically and dynamically based on your selection.
🟩 Full Customization
Every base parameter of the original indicator is now fully configurable: lengths, sources, moving average types, and more.
You can finally adapt the squeeze logic to your strategy — not the other way around.
🟩 Multi-MA Engine
Choose from 15 different Moving Averages for each part of the calculation:
SMA (Simple Moving Average)
EMA (Exponential Moving Average)
WMA (Weighted Moving Average)
RMA (Smoothed Moving Average)
HMA (Hull Moving Average)
JMA (Jurik Moving Average)
DEMA (Double Exponential Moving Average)
TEMA (Triple Exponential Moving Average)
LSMA (Least Squares Moving Average)
VWMA (Volume-Weighted Moving Average)
SMMA (Smoothed Moving Average)
KAMA (Kaufman’s Adaptive Moving Average)
ALMA (Arnaud Legoux Moving Average)
FRAMA (Fractal Adaptive Moving Average)
VIDYA (Variable Index Dynamic Average)
🟩 Dynamic Signal Line
Apply a moving average to the momentum for real-time cross signals, with full control over its length and type.
🟩 Multi-Timeframe & Multi-Ticker Support
You're no longer limited to the chart's current timeframe or ticker. Apply the squeeze to any symbol or timeframe without repainting.
🔷 Technical Details and Customizable Inputs
This indicator offers a fully modular structure with configurable parameters for every component:
1️⃣ Squeeze Momentum Settings – Choose the source, length, and type of moving average used to calculate the base momentum.
2️⃣ Trend Mode Selector – Toggle "Show TTM Squeeze Trend" to select the trend logic displayed on the chart:
✅ Enabled – Shows the trend based on TTM Squeeze (Bollinger Bands inside/outside Keltner Channel)
❌ Disabled – Displays the trend based on Squeeze Momentum logic
🔁 The moving average type for the Keltner Channel is handled automatically, so you don't need to select it manually, even if the custom input is disabled.
3️⃣ Signal Line – Toggle the Signal Line on the Squeeze Momentum. Select its length and MA type to generate visual cross signals.
4️⃣ Bollinger Bands – Configure the length, multiplier, source, and MA type used in the bands.
5️⃣ Keltner Channel – Adjust the length, multiplier, source, and MA type. You can also enable or disable the True Range option.
6️⃣ Advanced MA Parameters – Customize the parameters for advanced MAs (JMA, ALMA, FRAMA, VIDYA), including Phase, Power, Offset, Sigma, and Shift values.
7️⃣ Ticker & Input Source – Select the ticker and manage inputs for alternative chart types like Renko, Kagi, Line Break, and Point & Figure.
8️⃣ Style Settings – Choose how the squeeze is displayed:
Enable "Show Histogram" for Histogram, Area, or Column style
Disable it to show the classic LazyBear-style line
Use Reverse Color to invert line colors
Toggle Show Label to highlight Signal Line cross signals
Customize trend colors to suit your preferences
9️⃣ Multi-Timeframe Options - Timeframe – Use the squeeze on higher timeframes for stronger confirmation
🔟 Wait for Timeframe Closes -
✅ Enabled – Prevents multiple signals within the same candle
❌ Disabled – Displays the indicator smoothly without delay
🔧 Default Settings Reference
To replicate the default settings of the original indicators as they appear when first applied to the chart, use the following configurations:
🟩 TTM Squeeze (John Carter Style)
Squeeze
Length: 20
MA Type: SMA
Show TTM Squeeze Trend: Enabled
Bollinger Bands
Length: 20
Multiplier: 2.0
MA Type: SMA
Keltner Channel
Length: 20
Multiplier: 1.0
Use True Range: ON
MA Type: EMA
Style
Show Histogram: Enabled
Reverse Color: Enabled
🟩 Squeeze Momentum (LazyBear Style)
Squeeze
Length: 10
MA Type: SMA
Show TTM Squeeze Trend: Disabled
Bollinger Bands
Length: 20
Multiplier: 1.5
MA Type: SMA
Keltner Channel
Length: 10
Multiplier: 1.5
Use True Range: ON
MA Type: SMA
Style
Show Histogram: Disabled
Reverse Color: Disabled
⚠️ These values are intended as a starting point. The Cometreon indicator lets you fully customize every input to fit your trading style.
🔷 How to Use Squeeze Momentum Pro
🔍 Identifying Trends
Squeeze Momentum Pro supports two different methods for identifying the trend visually, each based on a distinct logic:
Squeeze Momentum Trend (LazyBear-style):
Displays 3 states based on the position of the Bollinger Bands relative to the Keltner Channel:
🔵 Blue = No Squeeze (BB outside KC and KC outside BB)
⚪️ White = Squeeze Active (BB fully inside KC)
⚫️ Gray = Neutral state (none of the above)
TTM Squeeze Trend (John Carter-style):
Calculates the difference in width between the Bollinger Bands and the Keltner Channel:
🟩 Green = BB width is greater than KC → potential expansion phase
🟥 Red = BB are tighter than KC → possible compression or pre-breakout
📈 Interpreting Signals
Depending on the active configuration, the indicator can provide various signals, including:
Trend color → Reflects the current compression/expansion state (based on selected mode)
Momentum value (above or below 0) → May indicate directional pressure
Signal Line cross → Can highlight momentum shifts
Color change in the momentum → May suggest a potential trend reversal
🛠 Integration with Other Tools
Squeeze Momentum Pro works well alongside other indicators to strengthen market context:
✅ Volume Profile / OBV – Helps confirm accumulation or distribution during squeezes
✅ RSI – Useful to detect divergence between momentum and price
✅ Moving Averages – Ideal for defining primary trend direction and filtering signals
☄️ If you find this indicator useful, leave a Boost to support its development!
Every piece of feedback helps improve the tool and deliver an even better trading experience.
🔥 Share your ideas or feature requests in the comments!
RSI Difference (Fast and Slow)Introduction
Oscillators like the RSI are fundamental tools for identifying trends in financial markets. Their ability to measure price momentum allows traders to detect overbought, oversold levels, and divergences, anticipating trend changes. Are there ways to improve the use of traditional RSI? How can we obtain more detailed information about current trends? This indicator answers these questions by expanding the functionalities of the traditional RSI and offering an additional tool for analysis.
How does it work?
This indicator provides a framework for trend analysis based on the following setup:
Fast RSI
Slow RSI
SMA of the fast RSI
SMA of the slow RSI
Histogram
Custom Indicator Settings
My preferred configuration is based on the 13 and 55 moving averages. The rest of the setup is as follows:
I typically use the 13 and 55 moving averages to configure both the RSI and short- and long-term moving averages.
Interpretation and Signals: Including a Long-Period RSI
Including a long-period RSI helps identify key patterns in market behavior. Crossovers between the two can be used to establish entry patterns:
If the fast RSI crosses above the slow RSI, this could indicate a long-entry pattern.
If the fast RSI crosses below the slow RSI, this could indicate a short-entry pattern.
Interpretation and Signals: Including Moving Averages
Including moving averages for both the short- and long-period RSI can help identify the base trend of the movement and, consequently:
Avoid false signals.
Trade in favor of the trend.
A simple way to start working with these is to use the crossover of the moving averages to identify the current trend:
If the short-period SMA is above the long-period SMA, the trend is bullish.
If the short-period SMA is below the long-period SMA, the trend is bearish.
Interpretation and Signals: The Histogram
The histogram represents the difference between the moving averages. If the histogram is positive, the short average is above the long average. If the histogram is below zero, the short average is below the long average. Divergences with price provide signals of potential exhaustion in the movement, indicating a possible reversal.
Indicator Details
This indicator builds upon the traditional RSI by integrating additional features that enhance its utility for traders. Here’s how each component is calculated and how they contribute to the originality of the script:
Fast RSI and Slow RSI: The fast RSI is calculated using a shorter lookback period, allowing it to capture rapid changes in momentum. The slow RSI uses a longer period to smooth out fluctuations and provide a broader view of the trend. These two RSIs work together to identify significant momentum shifts.
SMA of RSI values: The simple moving averages (SMA) of the fast and slow RSI help filter out noise and provide clear crossover signals. The SMAs are calculated using standard formulas but applied to the RSI values rather than price data, which adds a layer of insight into momentum trends.
Histogram calculation: The histogram represents the difference between the SMA of the fast RSI and the SMA of the slow RSI. This value gives a visual representation of the convergence or divergence of momentum. When the histogram crosses zero, it signifies a potential shift in the underlying trend.
This indicator combines multiple layers of analysis: fast and slow momentum, trend confirmation through SMAs, and divergence detection via the histogram. This multi-dimensional approach provides traders with a more comprehensive tool for trend analysis and decision-making.
Conclusion
This article has explored how to use this indicator to identify trends, leverage entry patterns, and analyze divergences by combining the fast RSI, slow RSI, their moving averages, and a histogram. Additionally, I’ve detailed how I usually interpret this indicator:
Identifying RSI patterns to anticipate momentum changes.
Using SMAs to confirm base trends.
Leveraging the histogram to detect divergences and potential price reversals.
Adaptive DEMA Momentum Oscillator (ADMO)Overview:
The Adaptive DEMA Momentum Oscillator (ADMO) is an open-source technical analysis tool developed to measure market momentum using a Double Exponential Moving Average (DEMA) and adaptive standard deviation. By dynamically combining price deviation from the moving average with normalized standard deviation, ADMO provides traders with a powerful way to interpret market conditions.
Key Features:
Double Exponential Moving Average (DEMA):
The core calculation of the indicator is based on DEMA, which is known for being more responsive to price changes compared to traditional moving averages. This makes the ADMO capable of capturing trend momentum effectively.
Standard Deviation Integration:
A normalized standard deviation is used to adaptively weight the oscillator. This makes the indicator more sensitive to market volatility, enhancing responsiveness during high volatility and reducing sensitivity during calmer periods.
Oscillator Representation:
The final oscillator value is derived from the combination of the DEMA-based Z-score and the normalized standard deviation. This final value is visualized as a color-coded histogram, reflecting bullish or bearish momentum.
Color-Coded Histogram:
Bullish Momentum: Values above zero are colored using a customizable bullish color (default: light green).
Bearish Momentum: Values below zero are colored using a customizable bearish color (default: red).
How It Works:
Inputs:
DEMA Length: Defines the period used for calculating the Double Exponential Moving Average. It can be adjusted from 1 to 200 to suit different trading styles.
Standard Deviation Length: Sets the lookback period for standard deviation calculations, which influences the responsiveness of the oscillator.
Standard Deviation Weight (StdDev Weight): Controls the weight given to the normalized standard deviation, allowing customization of the oscillator's sensitivity to volatility.
Calculation Steps:
Double Exponential Moving Average Calculation:
The DEMA is calculated using two exponential moving averages, which helps in reducing lag compared to a simple moving average.
Z-score Calculation:
The Z-score is derived by comparing the difference between the DEMA and its smoothed average (LSMA) to the standard deviation. This indicates how far the current value is from the mean in units of standard deviation.
Normalized Standard Deviation:
The standard deviation is normalized by subtracting the mean standard deviation and dividing by the standard deviation of the values. This helps to make the oscillator adaptive to recent changes in volatility.
Final Oscillator Value:
The final value is calculated by multiplying the Z-score with a factor based on the normalized standard deviation, resulting in a momentum indicator that adapts to different market conditions.
Visualization:
Histogram: The oscillator is plotted as a histogram, with color-coded bars showing the strength and direction of market momentum.
Positive (bullish) values are shown in green, indicating upward momentum.
Negative (bearish) values are shown in red, indicating downward momentum.
Zero Line: A zero line is plotted to provide a reference point, helping users quickly determine whether the current momentum is bullish or bearish.
Example Use Cases:
Momentum Identification:
ADMO helps identify the current market momentum by dynamically adapting to changes in market volatility. When the histogram is above zero and green, it indicates bullish conditions, whereas values below zero and red suggest bearish momentum.
Volatility-Adjusted Signals:
The normalized standard deviation weighting allows the ADMO to provide more reliable signals during different market conditions. This makes it particularly useful for traders who want to be responsive to market volatility while avoiding false signals.
Trend Confirmation and Divergence:
ADMO can be used to confirm the strength of a trend or identify potential divergences between price and momentum. This helps traders spot potential reversal points or continuation signals.
Summary:
The Adaptive DEMA Momentum Oscillator (ADMO) offers a unique approach by combining momentum analysis with adaptive standard deviation. The integration of DEMA makes it responsive to price changes, while the standard deviation adjustment helps it stay relevant in both high and low volatility environments. It's a versatile tool for traders who need an adaptive, momentum-based approach to technical analysis.
Feel free to explore the code and adapt it to your trading strategy. The open-source nature of this tool allows you to adjust the settings and visualize the output to fit your personal trading preferences.
Moving Average Cross Probability [AlgoAlpha]Moving Average Cross Probability 📈✨
The Moving Average Cross Probability by AlgoAlpha calculates the probability of a cross-over or cross-under between the fast and slow values of a user defined Moving Average type before it happens, allowing users to benefit by front running the market.
✨ Key Features:
📊 Probability Histogram: Displays the Probability of MA cross in the form of a histogram.
🔄 Data Table: Displays forecast information for quick analysis.
🎨 Customizable MAs: Choose from various moving averages and customize their length.
🚀 How to Use:
🛠 Add Indicator: Add the indicator to favorites, and customize the settings to suite your trading style.
📊 Analyze Market: Watch the indicator to look for trend shifts early or for trend continuations.
🔔 Set Alerts: Get notified of bullish/bearish points.
✨ How It Works:
The Moving Average Cross Probability Indicator by AlgoAlpha determines the probability by looking at a probable range of values that the price can take in the next bar and finds out what percentage of those possibilities result in the user defined moving average crossing each other. This is done by first using the HMA to predict what the next price value will be, a standard deviation based range is then calculated. The range is divided by the user defined resolution and is split into multiple levels, each of these levels represent a possible value for price in the next bar. These possible predicted values are used to calculate the possible MA values for both the fast and slow MAs that may occur in the next bar and are then compared to see how many of those possible MA results end up crossing each other.
Stay ahead of the market with the Moving Average Cross Probability Indicator AlgoAlpha! 📈💡
Weighted Oscillator Convergence DivergenceThe Weighted Oscillator Convergence Divergence (WOCD) aims to help traders identify potential trend reversals or momentum shifts in financial markets by calculating and visualizing the difference between a smoothed oscillator (WMA) value and its exponential moving average (EMA) and simple moving average (SMA) counterparts. This indicator is particularly useful for traders who want an alternative perspective on price momentum and divergence.
Key Features:
Inputs:
Length: The user can specify the number of bars to consider for calculations (default is 9).
Smoothing 1: Defines the smoothing factor for the first smoothed value (default is 5).
Smoothing 2: Specifies the smoothing factor for the second smoothed value (default is 7).
Ma Type: There are three types of moving averages you can choose (Wilder, non-lag, Weighted is by default).
Color Settings: Users can customize the indicator's colors for various elements, such as length, smoothing values, and different sections of the histogram.
Calculation:
WOCD calculates the raw oscillator value by subtracting the close price from a 3-period High, Low, Close (HLC3) moving average.
It then applies smoothing to this raw oscillator value using two different methods: exponential moving average (EMA) and simple moving average (SMA) with user-defined smoothing periods.
Histogram Plot:
The indicator plots a histogram based on the difference between the smoothed oscillator and the first smoothed value.
When the histogram is above zero and rising, it is colored according to the "Above Grow" color setting. When it's above zero and falling, it uses the "Fall" color for visualization.
Similarly, when the histogram is below zero and rising, it is colored according to the "Below Grow" color setting, and when it's below zero and falling, it uses the "Fall" color.
Oscillator and Smoothed Values:
The indicator also plots the smoothed oscillator, smoothed value 1 (EMA-based), and smoothed value 2 (SMA-based) on the chart.
Zero Line:
A horizontal line at zero is drawn on the chart for reference.
How to Use the WOCD Indicator:
Trend Identification: Observe the histogram's direction and color. A rising histogram above zero may indicate bullish momentum, while a falling histogram below zero could signal bearish momentum.
Divergence: Look for divergences between price action and the histogram. When the histogram and price move in opposite directions, it can be a potential reversal signal.
Crossovers: Pay attention to crossovers between the smoothed oscillator and its smoothed counterparts (EMA and SMA). These crossovers can indicate changes in trend strength or direction.
Zero Line: The zero line can act as a reference point. Positive histogram values suggest bullish sentiment, while negative values indicate bearish sentiment.
Comparison to MACD Indicator:
The WOCD indicator shares some similarities with the Moving Average Convergence Divergence (MACD) indicator but also has distinct differences:
Similarities:
Both WOCD and MACD are momentum oscillators designed to identify potential trend reversals and divergences.
They use moving averages (EMA in the case of MACD) to smooth the raw oscillator values.
Both indicators provide histogram representations of the difference between the oscillator and its smoothed counterpart.
Differences:
WOCD uses a 3-period High, Low, Close (HLC3) moving average to calculate the raw oscillator value, whereas MACD uses the difference between two exponential moving averages (usually 12-period and 26-period EMAs).
The smoothing in WOCD employs both EMA and SMA, while MACD exclusively uses EMA.
WOCD allows users to customize colors for various elements, enhancing visual clarity.
Trendlines Boll Ichi S1 by GammaprodI. How to use this indicator :
------------------------------
I.1. Set your teadingview theme to dark theme.
I.2. Gammaprod indicator is valid for forex, stock and but more valid for crypto.
I.3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for Swing Trading
I.4 Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) :
- Trendlines Boll Ichi S1 by Gammaprod
- MACD Volume S2 by Gammaprod
- Stoch RSI Divs Zone S2 by Gammaprod
============================================================================
II. How to setting :
--------------------
II.1. Trendlines Boll Ichi Crypto by Gammaprod
II.1.A. Support and Resistance
- Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more
II.1.B. Trendlines Primary or Trendlines Secondary
- Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary
- Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support).
II.1.C. Bollinger, Ichimoku Cloud and Lagging Span
- Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below)
II.2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT)
II.3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT)
============================================================================
III. How to read :
------------------
III.1. Sell or Buy Priority :
III.1.A. Sell Priority
- Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell)
III.1.B. Buy Priority
- Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy)
III.1.C. Indecision / Golden Moment
- Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please be careful at this moment.
III.2. Trend / Consolidation :
III.2.A. BULLISH trend
- When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle.
III.2.B. BEARISH trend
- When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle.
III.2.C. CONSOLIDATION
- When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle.
III.3. Special Mark
III.3.A. Ideal Bullish :
- Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy
III.3.B. Not an Ideal Bullish :
- Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern
III.3.C. Ideal Bearish :
- Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position.
III.3.D. Not an Ideal Bearish:
- Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern
III.3.E. The Beginning of Reversal (from BEARISH to BULLISH) :
- When Stoch RSI line shaping GREEN position is near 20.
- MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE.
- Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
III.3.F. The Beginning of Reversal (from BULLISH to BEARISH) :
- When Stoch RSI line shaping PINK position is near 80.
- MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN.
- Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
III.3.G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger):
- Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell
============================================================================
IV. How to OPEN position:
-------------------------
IV.1. Bullish
IV.1.A. Trendlines Boll Ichi S1 by Gammaprod
- The candles above the green cloud.
- Lagging span (red line) above the candles.
- then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below).
IV.1.B. MACD Volume S2 by Gammaprod
- Teal or Green background.
- The lines is shaped or shaping green.
- Better if at the green histogram.
IV.1.C. Stoch RSI Divs Zone S3 by Gammaprod
- Teal or Green background.
- The lines is shaping green.
- Better if on the bottom (at a range 20).
IV.2. Bearish
IV.2.A. Trendlines Boll Ichi S1 by Gammaprod
- The candles below the purple cloud.
- Lagging span (red line) below the candles.
- then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below).
IV.2.B. MACD Volume S2 by Gammaprod
- Pink or purple background.
- The lines are shaped or shaping green.
- Better if at the pink histogram.
IV.2.C. Stoch RSI Divs Zone S3 by Gammaprod
- Pink or purple background.
- The lines are shaping pink.
- Better if the line on the top (at a range 80).
IV.3. Consolidation
IV.3.A. Trendlines Boll Ichi S1 by Gammaprod
- The candles on the cloud (green or purple).
- Lagging span (red line) on the candles.
- then open buy near the white or blue line (always confirm the position with two other indicators below).
IV.3.B. MACD Volume S2 by Gammaprod
- Changing the background.
- The line is near the middle line.
- Have small Histogram.
IV.3.C. Stoch RSI Divs Zone S3 by Gammaprod
- Mix background specially on a timeframe 15m or more.
- The line move fast up and down.
- Better if on the bottom or the top of the lines (at a range 20 or 80).
============================================================================
>> The secret ingredient is comparing the timeframe :
The example scalping (Timeframe 1m, 5m and 15m)
- TF 1m is for making an open position.
- TF 5m is for making a judgement of the trend market.
- TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal.
There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit chars on this column, I hope it will help your trading and make a more profit on it.
MACD Volume S2 By Gammaprod>> How to use this indicator :
1. Set your teadingview theme to dark theme.
2. My indicator is valid for forex, stock and but more valid for crypto.
3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for Swing Trading
4 . Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) :
- Trendlines Boll Ichi Crypto by Gammaprod
- Stoch RSI Divs Zone Crypto by Gammaprod
- MACD Volume Crypto by Gammaprod
>> How to setting :
1. Trendlines Boll Ichi Crypto by Gammaprod
A. Support and Resistence
- Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more
B. Trendlines Primary or Trendlines Secondary
- Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary
- Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support).
C. Bolinger, Ichimoku Cloud and Lagging Span
- Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below)
2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT)
3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT)
>> How to read :
1. Sell or Buy Priority :
A. Buy Priority
- Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell)
B. Buy Priority
- Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy)
C. Indecision / Golden Moment
- Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please becareful at this moment.
2. Trend / Consolidation :
A. BULLISH trend
- When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle.
B. BEARISH trend
- When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle.
C. CONSOLIDATION
- When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle.
3. Special Mark
A. Ideal Bullish :
- Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy
B. Not an Ideal Bullish :
- Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern
C. Ideal Bearish :
- Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position.
D. Not an Ideal Bearish:
- Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern
E. The Beginning of Reversal (from BEARISH to BULLISH) :
- When Stoch RSI line shaping GREEN position is near 20.
- MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE.
- Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
F. The Beginning of Reversal (from BULLISH to BEARISH) :
- When Stoch RSI line shaping PINK position is near 80.
- MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN.
- Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger):
- Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell
>> How to OPEN position:
A. Bullish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles above the green cloud.
- Lagging span (red line) above the candles.
- then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Teal or Green background.
- The lines is shaping green.
- Better if on the bottom (at a range 20).
3. MACD Volume Crypto by Gammaprod
- Teal or Green background.
- The lines is shaped or shaping green.
- Better if at the green histogram.
B. Bearish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles below the purple cloud.
- Lagging span (red line) below the candles.
- then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Pink or purple background.
- The lines are shaping pink.
- Better if the line on the top (at a range 80).
3. MACD Volume Crypto by Gammaprod
- Pink or purple background.
- The lines are shaped or shaping green.
- Better if at the pink histogram.
C. Consolidation
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles on the cloud (green or purple).
- Lagging span (red line) on the candles.
- then open buy near the white or blue line (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Mix background specially on a timeframe 15m or more.
- The line move fast up and down.
- Better if on the bottom or the top of the lines (at a range 20 or 80).
3. MACD Volume Crypto by Gammaprod
- Changing the background.
- The line is near the middle line.
- Have small Histogram.
>> The secret ingridient is comparing the timeframe :
The example scalping (Timeframe 1m, 5m and 15m)
- TF 1m is for making an open position.
- TF 5m is for making a judgement of the trend market.
- TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal.
There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit char on this column, I hope it will help your trading and make a more profit on it.
Stoch RSI, Div, Zone S3 by Gammaprod>> How to use this indicator :
1. Set your teadingview theme to dark theme.
2. My indicator is valid for forex, stock and but more valid for crypto.
3. Use three timeframe for more validation (choose between those, that fit to your trading style) :
- Timeframe 1m, 5m, and 15m for Scalping
- Timeframe 30m, 1h and 4h for Intraday
- Timeframe 4h, 1D and 1W for Swing Trading
4 . Always use THREE INDICATORS FROM GAMMAPROD, those three indicators is back to back each other, by the way, I only made those three indicators only (for now) :
- Trendlines Boll Ichi Crypto by Gammaprod
- Stoch RSI Divs Zone Crypto by Gammaprod
- MACD Volume Crypto by Gammaprod
>> How to setting :
1. Trendlines Boll Ichi Crypto by Gammaprod
A. Support and Resistence
- Well if you familiar with this indicator you can add it, but recommended for Timeframe 30m or more
B. Trendlines Primary or Trendlines Secondary
- Timeframe 1m you DON'T NEED Trendlines Primary or Trendlines Secondary
- Timeframe 5m you DON'T NEED Trendlines Secondary, but you CAN ADD Trendlines Primary if you fell it helpful (for me, it is helpful to find where the candles start or the end trend or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 15m you DON'T NEED Trendlines Secondary, DEFENITELY add Trendlines Primary it will help to find where the candles stop or a consolidation or where the candles will surpass a resistance or a support).
- Timeframe 30m or more, DEFENITELY NEED BOTH Trendlines Primary and Secondary Trendlines, it will help to find where the candle stop or consolidation or where the candle will surpass a resistance or support).
C. Bolinger, Ichimoku Cloud and Lagging Span
- Please DON'T CHANGE IT at all, it's really helpful to know when and where to make an entry decesion or a trend or a consolidation, if you don't understand how to read it, you better to learn it first (on "how to read" section and "How to OPEN position" the section below)
2. Stoch RSI Divs Zone Crypto by Gammaprod (DON'T CHANGE IT)
3. MACD Volume Crypto by Gammaprod (DON'T CHANGE IT)
>> How to read :
1. Sell or Buy Priority :
A. Buy Priority
- Color background on macd and stoch rsi is pink or purple sell is the priority, (if you're not sure to buy, just wait until the best moment to sell)
B. Buy Priority
- Color background on macd and stoch rsi Teal or light green buy is the priority, (if you're not sure to sell, just wait until the best moment to buy)
C. Indecision / Golden Moment
- Color background on stoch rsi yellow is indecision / golden moment of reversal pattern (wait until it formed background only on Stoch RSI), please becareful at this moment.
2. Trend / Consolidation :
A. BULLISH trend
- When Stoch RSI and MACD have teal or light green background that's means BULLISH trend, better to confirm by the candle is above green cloud and lagging span (red line) is also above the candle.
B. BEARISH trend
- When Stoch RSI and MACD have the Pink or purple background that's means BEARISH trend, better to confirm by the candle is above purple cloud and lagging span (red line) is also below the candle.
C. CONSOLIDATION
- When Stoch RSI have the mix background that's means CONSOLIDATION, better to confirm by the candle is in or near to green / purple cloud and lagging span (red line) is also on the candle.
3. Special Mark
A. Ideal Bullish :
- Near line 20 and green / teal background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for buy
B. Not an Ideal Bullish :
- Near line 80 and green / teal background = if this happens make sure you know what happen, it could be a false signal or bullish continual pattern
C. Ideal Bearish :
- Near line 80 and pink / purple background = When Stoch RSI have the char R / H on lime color label, that's means divergence or hidden divergence for buy position, if you not see this label that's means just a standard confirmation for sell position.
D. Not an Ideal Bearish:
- Near line 20 and pink / purple background = if this happens make sure you know what happen, it could be a false signal or bearish continual pattern
E. The Beginning of Reversal (from BEARISH to BULLISH) :
- When Stoch RSI line shaping GREEN position is near 20.
- MACD lines still PINK, position lines is UNDER the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL PINK (light pink) and the BACKGROUND still PINK / PURPLE.
- Position CANDLES NEAR BLUE line, NEAR PURPLE CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
F. The Beginning of Reversal (from BULLISH to BEARISH) :
- When Stoch RSI line shaping PINK position is near 80.
- MACD lines still GREEN, position lines is ABOVE the HISTOGRAM, but the HISTOGRAM start to SHAPE FALL GREEN (light green) and the BACKGROUND still TEAL / GREEN.
- Position CANDLES NEAR WHITE line, NEAR TEAL CLOUD, and lagging span (red line) STILL ON the area candle. (it used to be confirmed with the golden moment).
G. False Signals, or It could be a Golden Moment (better to see it on TF 15 or bigger):
- Near line 20 or 80 and yellow background = When Stoch RSI have the char R / H on color label, that's means divergence or hidden divergence for buy / sell position, if you not see this label that's means just a standard confirmation for buy / sell depends on where the Stoch RSI line if near 20 that's means buy, near 80 means sell
>> How to OPEN position:
A. Bullish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles above the green cloud.
- Lagging span (red line) above the candles.
- then open buy near yellow line (the first option) / blue line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Teal or Green background.
- The lines is shaping green.
- Better if on the bottom (at a range 20).
3. MACD Volume Crypto by Gammaprod
- Teal or Green background.
- The lines is shaped or shaping green.
- Better if at the green histogram.
B. Bearish
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles below the purple cloud.
- Lagging span (red line) below the candles.
- then open buy near yellow line (the first option) / white line (the second option) (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Pink or purple background.
- The lines are shaping pink.
- Better if the line on the top (at a range 80).
3. MACD Volume Crypto by Gammaprod
- Pink or purple background.
- The lines are shaped or shaping green.
- Better if at the pink histogram.
C. Consolidation
1. Trendlines Boll Ichi Crypto by Gammaprod
- The candles on the cloud (green or purple).
- Lagging span (red line) on the candles.
- then open buy near the white or blue line (always confirm the position with two other indicators below).
2. Stoch RSI Divs Zone Crypto by Gammaprod
- Mix background specially on a timeframe 15m or more.
- The line move fast up and down.
- Better if on the bottom or the top of the lines (at a range 20 or 80).
3. MACD Volume Crypto by Gammaprod
- Changing the background.
- The line is near the middle line.
- Have small Histogram.
>> The secret ingridient is comparing the timeframe :
The example scalping (Timeframe 1m, 5m and 15m)
- TF 1m is for making an open position.
- TF 5m is for making a judgement of the trend market.
- TF 15m is to confirm that judgement from TF 5m, be careful if it not similar then it used to be a consolidation or the beginning of the reversal.
There's a lot a way to open the position than above information that i gave it to you, but consider there are a limit char on this column, I hope it will help your trading and make a more profit on it.
+ Awesome OscillatorHi again. I have another indicator that I think is pretty neat.
I had the idea of creating an Awesome Oscillator for my Ultimate MA, just to see what kind of signals it might produce. If you're not familiar with my UMA you should go take a look at it, but essentially it is just an average of eight different length MAs, and if you're not familiar with the Awesome Oscillator, it is simply a comparison of the gap between two different moving averages (traditionally a 5 and 34 SMA) plotted as a histogram below the price chart. The two UMAs I was comparing in this version of the AO were the Hull and Simple. It looked okay, but I thought due to the nature of the movements of these MAs, that it was necessary to add something to this indicator in order to validate its creation and make it truly useful
I came to the idea of simply comparing the closing price of the asset on the chart to both the Awesome Oscillator moving averages. What this effectively does is gives you a representation of the moving averages on the chart (assuming you are using those same MAs) as an oscillator below the chart, enabling you to remove the moving averages from your price chart (obviously if you so choose). For me, I like this because fewer things on the chart makes it easier for me to see the price action and structure of the market clearly, or add something like a tWAP or two.
So, like, "how exactly would I use this indicator?"" you're probably asking.
First off: the Awesome Oscillator. By default it is a faintly shaded area, and is the least obvious part of the indicator.
Second: the plotted line. This is what I call the baseline (if you're familiar with NNFX, then you know what this is). It's basically your bias moving average (this means it defines, based on its lookback or length, whether momentum is bullish, bearish or ranging). In the case of the oscillator though, the ZERO line represents the baseline, and the oscillating line represents price in relation to it. If the line is above the zero line then price is above the moving average, and vice versa if it's below. The farther from the center line the baseline price is the greater the volatility,
Third: the histogram. This is the faster moving average, and same rules apply to it as your baseline. You can think of your fast moving average as a trade entry trigger, or an exit. It shows more immediate momentum shifts.
What's interesting about the relationships of all three of these things is that you don't actually NEED all three displayed. Because the Awesome Oscillator is a relation of your two moving averages, and the baseline and histogram are representational of the price relative to those two moving averages, you will notice that when the histogram (fast MA) flips up or down is the same exact time that the baseline price dips into the AO. The AO is effectively a moving average on that. So you can run this with just the AO and Baseline, or just the Baseline and fast MA histogram. To get started, I might recommend keeping your moving averages that you use on the chart just so you can see how this indicator works.
Both the fast MA and Baseline will show nice divergences (divergence indicator is added if you want to use it). And I've added Donchian Channels as upper and lower bounds that act neatly as support or resistance (especially effective if you're using my UMA with Bollinger Bands, or Magic Carpet Bands).
I've also done the usual colored candles thing, which gives you another great reason to get the moving averages off your chart. There are of course alerts for conditions that one might need to be alerted to as well.
Below are some images of different ways you might set these up using the default moving average/baseline settings. In all of these I've left the moving averages on the price chart (with the addition of a 233 SMA) so you can see the relationship between the indicators.
Right here is the indicator set up with just the awesome oscillator and baseline price. Gives a cleaner overall look. You can see that every time the baseline crosses the awesome oscillator is when price crosses the 8 SMA. Candle colors are based on if candle closes above baseline or below.
This is the indicator set up without the awesome oscillator. Here you can see candle closes over the 8 SMA (fast moving average) are shown by the histogram. Candle coloring is still the same as the above image.
This image looks identical to the first, except that the candle coloring is different. This time it is based on the 8 SMA (same as the baseline entering the awesome oscillator).
And the final example image. This one depicts the awesome oscillator and the fast moving average histogram. Candle coloring is based on the awesome oscillator. This can be a great way to visualize momentum because the awesome oscillator is depicting the crossing of the moving averages. A lot of people poo-poo moving average crosses, but I'd say they're wrong. Well, they're right and wrong. Depends on the MAs you're using. The power in moving average crosses is in their ability to show bullish or bearish momentum (or ranging behavior if they continually cross over each other). If you're using slow moving averages, then crosses are often very late (hence so many people who don't know saying, "but moving average crosses are too laggy". Here you might try changing these and having the baseline be faster than the UMA, and actually plot on chart the UMA (or some other moving average). These are just some thoughts.
Anyway, I hope this indicator proves useful to you all. I think for anyone looking to look at price action a bit more, but is used to using moving averages, this could be a really useful indicator. Most oscillating indicators (if not all) are built around moving averages, but they're never explained in such a way as I'm explaining how this one works (I don't think). I think knowing this could help many traders come to a deeper understanding of what the indicator they're using is actually doing.
Volume DensitySince we don't have tick count per time interval, let's do it this way. Basically "bigger the move bigger the volume" rule applies in most times, making volume alone kinda useless. What is more interesting, is when there was a huge volume within a relatively small range, or vice versa, a huge move without equally increased volume.
Without diving into details, bars with low volatility and serious volume are aprox. areas of possible future reversals/pullbacks, while volumeless high volatility moves should not cause any serious stops in price action.
This is just a small easy script to highlight this process. "Mathematically speaking, it's just a reciprocal of quotient of awfewefaffwqg..... Nah, not this time.
HOW IT WORKS:
Volume Density = 1/(range/volume)
We take range of a bar (high minus low), divide it by volume of the same bar, in order to neutralize this "bigger-bigger" relationship. Then we memorize this number, take 1 and divide 1 by this number, in order to inverse the result. So now, small bars with big volume will be rated higher than just by using classic volume histogram.
I suppose it would be easy to use it along with classic volume histogram, and assess the differences between these 2 histograms.
///
Probs some1 has already posted smth like this before idk, but if it aint the case, here it is, for you.
Moving Average Convergence-Divergence (MACD)This script implements the Moving Average Convergence-Divergence (MACD), a popular momentum indicator used in technical analysis to identify trend direction, momentum shifts, and potential buy/sell signals.
🔹 Key Features
1. Inputs & Customization
MACD Lines Toggle: Enable/disable the MACD and signal lines.
Source Price: Defaults to close but can be adjusted (e.g., open, high, low, hl2).
Fast Length (12): The period for the faster-moving EMA.
Slow Length (26): The period for the slower-moving EMA.
Signal Length (9): The smoothing period for the signal line.
2. Calculations
Computes the MACD Line (fast EMA - slow EMA).
Computes the Signal Line (EMA of the MACD line).
Computes the Histogram (difference between MACD and Signal lines).
3. Visual Indicators
Zero Line: A white horizontal line at 0 for reference.
MACD Line: Plotted in green when above the signal line, red when below.
Signal Line: Displayed as a yellow line.
Histogram:
Green bars when MACD > Signal (bullish momentum).
Red bars when MACD < Signal (bearish momentum).
Background Highlights:
Light green on bullish crossovers (MACD crosses above Signal).
Light red on bearish crossunders (MACD crosses below Signal).
4. Alerts
Triggers when:
Bullish Crossover (MACD crosses above Signal).
Bearish Crossunder (MACD crosses below Signal).
🔹 How Traders Use This Indicator
Trend Identification:
MACD above zero → bullish trend.
MACD below zero → bearish trend.
Momentum Signals:
Bullish Crossover (Buy Signal): MACD crosses above Signal.
Bearish Crossunder (Sell Signal): MACD crosses below Signal.
Divergence (Not in this script, but useful):
Price makes higher highs, but MACD makes lower highs → Potential reversal.
🔹 Strengths of This Script
✅ Clean and Efficient Code – Uses Pine Script v6 best practices.
✅ Customizable Inputs – Adjust lengths and source price.
✅ Clear Visuals – Color-coded for easy interpretation.
✅ Built-in Alerts – For automated trading strategies.
Jul 1
Release Notes
This script implements the Moving Average Convergence-Divergence (MACD), a popular momentum indicator used in technical analysis to identify trend direction, momentum shifts, and potential buy/sell signals.
🔹 Key Features
1. Inputs & Customization
MACD Lines Toggle: Enable/disable the MACD and signal lines.
Source Price: Defaults to close but can be adjusted (e.g., open, high, low, hl2).
Fast Length (12): The period for the faster-moving EMA.
Slow Length (26): The period for the slower-moving EMA.
Signal Length (9): The smoothing period for the signal line.
2. Calculations
Computes the MACD Line (fast EMA - slow EMA).
Computes the Signal Line (EMA of the MACD line).
Computes the Histogram (difference between MACD and Signal lines).
3. Visual Indicators
Zero Line: A white horizontal line at 0 for reference.
MACD Line: Plotted in green when above the signal line, red when below.
Signal Line: Displayed as a yellow line.
Histogram:
Green bars when MACD > Signal (bullish momentum).
Red bars when MACD < Signal (bearish momentum).
Background Highlights:
Light green on bullish crossovers (MACD crosses above Signal).
Light red on bearish crossunders (MACD crosses below Signal).
4. Alerts
Triggers when:
Bullish Crossover (MACD crosses above Signal).
Bearish Crossunder (MACD crosses below Signal).
🔹 How Traders Use This Indicator
Trend Identification:
MACD above zero → bullish trend.
MACD below zero → bearish trend.
Momentum Signals:
Bullish Crossover (Buy Signal): MACD crosses above Signal.
Bearish Crossunder (Sell Signal): MACD crosses below Signal.
Divergence (Not in this script, but useful):
Price makes higher highs, but MACD makes lower highs → Potential reversal.
🔹 Strengths of This Script
✅ Clean and Efficient Code – Uses Pine Script v6 best practices.
✅ Customizable Inputs – Adjust lengths and source price.
✅ Clear Visuals – Color-coded for easy interpretation.
✅ Built-in Alerts – For automated trading strategies.
LA - MACD EMA BandsOverview of the "LA - MACD EMA Bands" Indicator
For Better view, use this indicator along with "LA - EMA Bands with MTF Dashboard"
The "LA - MACD EMA Bands" is a custom technical indicator written in Pine Script v6 for TradingView. It builds on the traditional Moving Average Convergence Divergence (MACD) oscillator by incorporating additional smoothing via Exponential Moving Averages (EMAs) and Bollinger Bands (BB) applied directly to the MACD line. This creates a multi-layered momentum and volatility tool displayed in a separate pane below the price chart (not overlaid on the price itself).
The indicator allows for customization, such as selecting a different timeframe (for multi-timeframe analysis) and adjusting period lengths. It fetches data from the specified timeframe using request.security with lookahead enabled to avoid repainting issues. The core idea is to provide insights into momentum trends, crossovers, and volatility expansions/contractions in the MACD's behavior, making it suitable for identifying potential trend reversals, continuations, or ranging markets.
Unlike a standard MACD, which focuses primarily on momentum via a single line, signal line, and histogram, this version emphasizes longer-term smoothing and volatility boundaries. It uses visual fills between lines to highlight bullish/bearish conditions, aiding quick interpretation. Below, I'll break down each component, its calculation, visual representation, and practical uses.
Detailed Breakdown of Each Component and Its Uses
MACD Line (Blue Line, Labeled 'MACD Line')
Calculation: This is the core MACD value, computed as the difference between a fast EMA (default length 12) and a slow EMA (default length 144) of the input source (default: close price). The EMAs are calculated on data from the selected timeframe.
Visuals: Plotted as a solid blue line.
Uses:
Measures momentum: When above zero, it indicates bullish momentum (prices rising faster in the short term); below zero, bearish momentum.
Trend identification: Rising MACD suggests strengthening uptrends; falling suggests downtrends.
Divergence spotting: Compare with price action—e.g., if price makes higher highs but MACD makes lower highs, it signals potential bearish reversal (and vice versa for bullish divergence).
In trading: Often used for entry/exit signals when crossing the zero line or other lines in the indicator.
MACD EMA (Red Line, Labeled 'MACD EMA')
Calculation: A 12-period EMA applied to the MACD Line itself.
Visuals: Plotted as a solid red line.
Uses:
Acts as a signal line for the MACD, smoothing out short-term noise.
Crossover signals: When the MACD Line crosses above the MACD EMA, it can signal a bullish buy opportunity; crossing below suggests a bearish sell.
Trend confirmation: Helps filter false signals in choppy markets by requiring confirmation from this slower-moving average.
In trading: Useful for momentum-based strategies, like entering trades on crossovers in alignment with the overall trend.
Fill Between MACD Line and MACD EMA (Green/Red Shaded Area, Titled 'MACD Fill')
Calculation: The area between the MACD Line and MACD EMA is filled with color based on their relative positions.
Color Logic: Green (with 57% transparency) if MACD Line > MACD EMA (bullish); red if MACD Line < MACD EMA (bearish).
Visuals: Semi-transparent fill for easy visibility without overwhelming the lines.
Uses:
Quick visual cue for momentum shifts: Green areas highlight bullish phases; red for bearish.
Enhances readability: Makes crossovers more apparent at a glance, especially in fast-moving markets.
In trading: Can be used to time entries/exits or as a filter (e.g., only take long trades in green zones).
Bollinger Bands on MACD (BB Upper: Black Dotted, BB Basis: Maroon Dotted, BB Lower: Black Dotted)
Calculation: Bollinger Bands applied to the MACD Line.
BB Basis: 144-period EMA of the MACD Line.
BB Standard Deviation: 144-period stdev of the MACD Line.
BB Upper: BB Basis + (2.0 * BB Stdev)
BB Lower: BB Basis - (2.0 * BB Stdev)
Visuals: Upper and lower bands as black dotted lines; basis as maroon dotted
Uses:
Volatility measurement: Bands expand during high momentum volatility (strong trends) and contract during low volatility (ranging or consolidation).
Mean reversion: When MACD Line touches or exceeds the upper band, it may signal overbought conditions (potential sell); lower band for oversold (potential buy).
Squeeze detection: Narrow bands (squeeze) often precede big moves—watch for breakouts.
In trading: Combines momentum with volatility; e.g., a MACD Line breakout above the upper band could confirm a strong uptrend.
BB Basis EMA (Green Line, Labeled 'BB Basis EMA')
Calculation: A 72-period EMA applied to the BB Basis (which is already a 144-period EMA of the MACD Line).
Visuals: Solid green line.
Uses:
Further smoothing: Provides a longer-term view of the MACD's average behavior, reducing noise from the BB Basis.
Trend direction: Acts as a baseline for the BB system—above it suggests bullish bias in momentum volatility; below, bearish.
Crossover with BB Basis: Can signal shifts in volatility trends (e.g., BB Basis crossing above BB Basis EMA indicates increasing bullish volatility).
In trading: Useful for confirming longer-term trends or as a filter for BB-based signals.
Fill Between BB Basis and BB Basis EMA (Gray Shaded Area, Titled 'BB Basis Fill')
Calculation: The area between BB Basis and BB Basis EMA is filled.
Color Logic: Currently set to a constant semi-transparent gray regardless of position.
Visuals: Semi-transparent gray fill.
Uses:
Highlights divergence: Shows when the shorter-term BB Basis deviates from its longer-term EMA, indicating potential volatility shifts.
Visual aid for crossovers: Makes it easier to spot when BB Basis crosses its EMA.
In trading: Could be used to identify overextensions in volatility (e.g., wide gray areas might signal impending mean reversion).
Zero Line (Black Horizontal Line)
Calculation: A simple horizontal line at y=0.
Visuals: Solid black line.
Uses:
Reference point: Divides bullish (above) from bearish (below) territory for all MACD-related lines.
In trading: Crossovers of the zero line by the MACD Line or BB Basis can signal major trend changes.
How It Differs from a Normal MACD
A standard MACD (e.g., the built-in TradingView MACD with defaults 12/26/9) consists of:
MACD Line: EMA(12) - EMA(26).
Signal Line: EMA(MACD Line, 9).
Histogram: MACD Line - Signal Line (bars showing convergence/divergence).
Key differences in "LA - MACD EMA Bands":
Periods: Uses a much longer slow EMA (144 vs. 26), making it more sensitive to long-term trends but less reactive to short-term price action. The MACD EMA is 12 periods (vs. 9), further emphasizing smoothing.
No Histogram: Replaces the histogram with fills and bands for visual emphasis on crossovers and volatility.
Added Bollinger Bands: Applies BB directly to the MACD Line (with a long 144-period basis), introducing volatility analysis absent in standard MACD. This helps detect "squeezes" or expansions in momentum.
Additional EMA Layer: The BB Basis EMA (72-period) adds a secondary smoothing level to the BB system, providing a hierarchical view of momentum (short-term MACD → mid-term BB → long-term EMA).
Multi-Timeframe Support: Built-in option for higher timeframes, unlike basic MACD.
Focus: Standard MACD is purely momentum-focused; this version integrates volatility (via BB) and multi-layer smoothing, making it better for trend-following in volatile markets but potentially overwhelming for beginners.
Overall, this indicator transforms the MACD from a simple oscillator into a comprehensive momentum-volatility hybrid, reducing false signals in trending markets but introducing lag.
Overall Pros and Cons
Pros:
Enhanced Visualization: Fills and bands make trends, crossovers, and volatility easier to spot without needing multiple indicators.
Reduced Noise: Longer periods (144, 72) smooth out whipsaws, ideal for swing or position trading in trending assets like stocks or forex.
Volatility Integration: BB adds a dimension not in standard MACD, helping identify breakouts or consolidations.
Customizable: Inputs for timeframes and lengths allow adaptation to different assets/timeframes.
Multi-Layered Insights: Combines short-term signals (MACD crossovers) with long-term confirmation (BB EMA), improving signal reliability.
Cons:
Lagging Nature: Long periods (e.g., 144) delay signals, missing early entries in fast markets or leading to late exits.
Complexity: Multiple lines and fills can clutter the pane, requiring experience to interpret; beginners might misread it.
Potential Overfitting: Custom periods (12/144/12/144/72) may work well on historical data but underperform in live trading without backtesting.
No Built-in Alerts/Signals: Relies on visual interpretation; users must manually set alerts for crossovers.
Resource Intensive: On lower timeframes or with lookahead, it might slow chart loading on Trading View.
This indicator shines in strategies combining momentum and volatility, like trend-following with BB squeezes, but test it on your assets (e.g., via backtesting) to ensure it fits your style.
For Better view, use this indicator along with "LA - EMA Bands with MTF Dashboard"
Volumatic Support/Resistance Levels [BigBeluga]🔵 OVERVIEW
A smart volume-powered tool for identifying key support and resistance zones—enhanced with real-time volume histogram fills and high-volume markers.
Volumatic Support/Resistance Levels detects structural levels from swing highs and lows, and wraps them in dynamic histograms that reflect the relative volume strength around those zones. It highlights the strongest price levels not just by structure—but by the weight of market participation.
🔵 CONCEPTS
Price Zones: Support and resistance levels are drawn from recent price pivots, while volume is used to visually enhance these zones with filled histograms and highlight moments of peak activity using markers.
Histogram Fill = Activity Zone: The width and intensity of each filled zone adjusts to recent volume bursts.
High-Volume Alerts: Circle markers highlight moments of volume dominance directly on the levels—revealing pressure points of support/resistance.
Clean Visual Encoding: Red = resistance zones, green = support zones, orange = high-volume bars.
🔵 FEATURES
Detects pivot-based resistance (highs) and support (lows) using a customizable range length.
Wraps these levels in volume-weighted bands that expand/contract based on percentile volume.
Color fill intensity increases with rising volume pressure, creating a live histogram feel.
When volume > user-defined threshold , the indicator adds circle markers at the top and bottom of that price level zone.
Bar coloring highlights the candles that generated this high-volume behavior (orange by default).
Adjustable settings for all thresholds and colors, so traders can dial in volume sensitivity.
🔵 HOW TO USE
Identify volume-confirmed resistance and support zones for potential reversal or breakout setups.
Focus on levels with intense histogram fill and circle markers —they indicate strong participation.
Use bar coloring to track when key activity started and align it with broader market context.
Works well in combination with order blocks, trend indicators, or liquidity zones.
Ideal for day traders, scalpers, and volume-sensitive setups.
🔵 CONCLUSION
Volumatic Support/Resistance Levels elevates traditional support and resistance logic by anchoring it in volume context. Instead of relying solely on price action, it gives traders insight into where real conviction lies—by mapping how aggressively the market defended or rejected key levels. It's a visual, reactive, and volume-conscious upgrade to your structural toolkit.
MTF Squeeze Analyzer - [tradeviZion]MTF Squeeze Analyzer
Multi-Timeframe Squeeze Pro Analyzer Tool
Overview:
The MTF Squeeze Analyzer is a comprehensive tool designed to help traders monitor the TTM Squeeze indicator across multiple timeframes in a streamlined and efficient manner. Built with Pine Script™ version 5, this indicator enhances your market analysis by providing detailed insights into squeeze conditions and momentum shifts, enabling you to make more informed trading decisions.
Key Features:
1. Multi-Timeframe Monitoring:
Comprehensive Coverage: Track squeeze conditions across multiple timeframes, including 1-minute, 5-minute, 15-minute, 30-minute, 1-hour, 2-hour, 4-hour, and daily charts.
Squeeze Counts: Keep count of the number of consecutive bars the price has been within each squeeze level (low, mid, high), helping you assess the strength and duration of consolidation periods.
2. Dynamic Table Display:
Customizable Appearance: Adjust table position, text size, and colors to suit your preferences.
Color-Coded Indicators: Easily identify squeeze levels and momentum shifts with intuitive color schemes.
Message Integration: Features rotating messages to keep you engaged and informed.
3. Alerts for Key Market Events:
Squeeze Start and Fire Alerts: Receive notifications when a squeeze starts or fires on your selected timeframes.
Custom Squeeze Count Alerts: Set thresholds for squeeze counts and get alerted when these levels are reached, allowing you to anticipate potential breakouts.
Fully Customizable: Choose which alerts you want to receive and tailor them to your trading strategy.
4. Momentum Analysis:
Momentum Oscillator: Visualize momentum using a histogram that changes color based on momentum shifts.
Detailed Insights: Determine whether momentum is increasing or decreasing to make more strategic trading decisions.
How It Works:
The indicator is based on the TTM Squeeze concept, which identifies periods of low volatility where the market is "squeezing" before a potential breakout. It analyzes the relationship between Bollinger Bands and Keltner Channels to determine squeeze conditions and uses linear regression to calculate momentum.
1. Squeeze Levels:
No Squeeze (Green): Market is not in a squeeze.
Low Compression Squeeze (Gray): Mild consolidation, potential for a breakout.
Mid Compression Squeeze (Red): Moderate consolidation, higher breakout potential.
High Compression Squeeze (Orange): Strong consolidation, significant breakout potential.
2. Squeeze Counts:
Tracks the number of consecutive bars in each squeeze condition.
Helps identify how long the market has been consolidating, providing clues about potential breakout timing.
3. Momentum Histogram:
Upward Momentum: Shown in aqua or blue, indicating increasing or decreasing upward momentum.
Downward Momentum: Displayed in red or yellow, representing increasing or decreasing downward momentum.
Using Alerts:
Stay ahead of market movements with customizable alerts:
1. Enable Alerts in Settings:
Squeeze Start Alert: Get notified when a new squeeze begins.
Squeeze Fire Alert: Be alerted when a squeeze ends, signaling a potential breakout.
Squeeze Count Alert: Set a specific number of bars for a squeeze condition, and receive an alert when this count is reached.
2. Set Up Alerts on Your Chart:
Click on the indicator name and select " Add Alert on MTF Squeeze Analyzer ".
Choose your desired alert conditions and customize the notification settings.
Click " Create " to activate the alerts.
How to Set It Up:
1. Add the Indicator to Your Chart:
Search for " MTF Squeeze Analyzer " in the TradingView Indicators library.
Add it to your chart.
2. Customize Your Settings:
Table Display:
Choose whether to show the table and select its position on the chart.
Adjust text size and colors to enhance readability.
Timeframe Selection:
Select the timeframes you want to monitor.
Enable or disable specific timeframes based on your trading strategy.
Colors & Styles:
Customize colors for different squeeze levels and momentum shifts.
Adjust header and text colors to match your chart theme.
Alert Settings:
Enable alerts for squeeze start, squeeze fire, and squeeze counts.
Set your preferred squeeze type and count threshold for alerts.
3. Interpret the Data:
Table Information:
The table displays the squeeze status and counts for each selected timeframe.
Colors indicate the type of squeeze, making it easy to assess market conditions at a glance.
Momentum Histogram:
Use the histogram to gauge the strength and direction of market momentum.
Observe color changes to identify shifts in momentum.
Why Use MTF Squeeze Analyzer ?
Enhanced Market Insight:
Gain a deeper understanding of market dynamics by monitoring multiple timeframes simultaneously.
Identify potential breakout opportunities by analyzing squeeze durations and momentum shifts.
Customizable and User-Friendly:
Tailor the indicator to fit your trading style and preferences.
Easily adjust settings without needing to delve into the code.
Time-Efficient:
Save time by viewing all relevant squeeze information in one place.
Reduce the need to switch between different charts and timeframes.
Stay Informed with Alerts:
Never miss a critical market movement with fully customizable alerts.
Focus on other tasks while the indicator monitors the market for you.
Acknowledgment:
This tool builds upon the foundational work of John Carter , who developed the TTM Squeeze concept. It also incorporates enhancements from LazyBear and Makit0 , providing a more versatile and powerful indicator. MTF Squeeze Analyzer extends these concepts by adding multi-timeframe analysis, squeeze counting, and advanced alerting features, offering traders a comprehensive solution for market analysis.
Note: Always practice proper risk management and test the indicator thoroughly to ensure it aligns with your trading strategy. Past performance is not indicative of future results.
Trade smarter with TradeVizion—unlock your trading potential today!
[F][IND] - Candle Range SizeDescription:
Understanding market volatility is paramount for making informed trading decisions, and the Candle Range Histogram Indicator is designed to provide traders with a visual representation of price volatility over time.
Key Features:
1. Histogram Display:
The indicator presents a histogram on your TradingView chart, offering a clear visualization of the range of each candle, calculated as the difference between the high and low prices.
2. Volatility Insight:
Easily identify periods of heightened or subdued volatility. Larger histograms indicate greater price ranges, suggesting increased volatility, while smaller histograms signify lower volatility.
3. Intraday Analysis:
Intraday traders can benefit from monitoring the Candle Range Histogram to gauge volatility patterns throughout the trading day. This information is valuable for setting realistic profit targets and adjusting risk management strategies.
4. Breakout Opportunities:
Recognize potential breakout opportunities by observing significant increases in candle range. Traders often associate expanded ranges with potential strong price movements.
5. Trend Confirmation:
Confirm the strength of trends by assessing consecutive candles with expanding or contracting ranges. This can aid trend-following traders in making more informed decisions.
It's important to note that while the histogram provides valuable information, it's usually more effective when used in conjunction with other technical indicators and analysis methods. Traders often combine multiple tools to gain a comprehensive understanding of the market and make well-informed trading decisions.
Alerts:
You can enable alerts on this indicator to receive timely notifications.
Disclaimer:
This indicator is provided for educational purposes only. Trading involves risk, and users should consult with a financial professional before making any trading decisions.
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Momentum Reversal [AngelAlgo]The Momentum Reversal Indicator is a technical analysis tool used to identify potential reversals and trends in financial markets. It does this by comparing the momentum of a market to its trend. The momentum is calculated by measuring the change in price over a specified time interval set by the "Period" input. The trend is then determined as the simple moving average of the momentum, with the length of the moving average determined by the "Trend length" input. When the momentum deviates significantly from the trend, it is considered a potential reversal signal. The user can choose to receive signals based on either "Contrarian" or "Trend" signals type, and also has the option to smooth the signals using the Hull Moving Average. The indicator is plotted as a histogram with trading signals indicated by triangle shapes (up for buys, down for sells). The histogram is also accompanied by a smoothed line representation of the indicator and dynamic threshold levels.
The color of the histogram bars is green if the momentum is positive, red if it's negative. The histogram can be smoothed using the Hull Moving Average (HMA) if the "Smoothed signals" input is set to true.
The indicator also plots the threshold levels, which are dynamically calculated as the simple moving average (SMA) of the absolute value of the histogram. The threshold levels are plotted as circles on the chart.
The signals are plotted as arrows on the chart, either triangle-up for buy signals, or triangle-down for sell signals. If "Contrarian" signals are selected, a triangle-up will appear when the histogram crosses below the lower threshold, and a triangle-down will appear when it crosses above the upper threshold. If "Trend" signals are selected, a triangle-up will appear when the histogram crosses above the upper threshold, and a triangle-down will appear when it crosses below the lower threshold. Trend signals work for trending markets, Contrarian signals are good for ranging markets.
SETTINGS
Period: This input allows you to set the period for the momentum calculation. The default value is 14.
Trend length: This input allows you to set the length of the trend-following moving average. The default value is 50.
Signals type : This input allows you to choose the type of signals you want to receive. You can choose between "Contrarian" and "Trend" signals. The default value is "Contrarian".
Smoothed signals: This input allows you to choose between the raw or smoothed signals. If set to true, the signals will be based on the smoothed histogram line, otherwise, they will be based on the raw histogram. The default value is true.
