Волновой анализ
SMA Crossover StrategyIndicator Declaration: The script starts with the indicator function, which sets the name and overlay properties of the indicator.
Input Parameters: The user can specify the periods for the short and long simple moving averages (SMA).
SMA Calculation: The script calculates the short and long SMAs using the ta.sma function.
Plotting: The moving averages are plotted on the chart with different colors for easy identification.
Solar VPR (No EVMA) + Alpha TrendThis Pine Script v6 indicator combines Solar VPR (without EVMA slow average) and Alpha Trend to identify potential trading opportunities.
Solar VPR calculates a Simple Moving Average (SMA) of the hlc3 price and defines upper/lower bands based on a percentage multiplier. It highlights bullish (green) and bearish (red) zones.
Alpha Trend applies ATR-based smoothing to an SMA, identifying trend direction. Blue indicates an uptrend, while orange signals a downtrend.
Buy/Sell Signals appear when price crosses Alpha Trend and aligns with Solar VPR direction.
NeoWave cash data by MikhepoolThe NeoWave Chart: indicator is a technical analysis tool designed to visualize significant price movements by drawing dynamic lines between key highs and lows on the chart. Using a user-defined resolution, the indicator identifies new bars and connects the highest high and lowest low within each segment, updating the lines in real-time as new data becomes available. All lines are rendered in black, providing a clean and consistent visual representation of price action without color-coded directional bias. This tool is particularly useful for traders and analysts employing NeoWave theory or similar methodologies, as it helps identify structural patterns and trends in the market.
Cash Data (NeoWave)NeoWave: Cash Data: @MikhePool channel
The NeoWave Chart - cash data: indicator is a technical analysis tool designed to visualize significant price movements by drawing dynamic lines between key highs and lows on the chart. Using a user-defined resolution, the indicator identifies new bars and connects the highest high and lowest low within each segment, updating the lines in real-time as new data becomes available. All lines are rendered in black, providing a clean and consistent visual representation of price action without color-coded directional bias. This tool is particularly useful for traders and analysts employing NeoWave theory or similar methodologies, as it helps identify structural patterns and trends in the market.
BB-BO.ELF Signals by ElfAlgorithms//YOUTUBE: www.youtube.com
//TELEGRAM: t.me
BO.ELF Trading Signals By ElfAlgorithms
📌 English
The BB-Trend-Signals By ElfAlgorithms is a powerful Bollinger Bands-based indicator designed to detect strong price movements and trend continuation signals.
🔹 Key Features:
✅ Detects price touches on the upper and lower Bollinger Bands.
✅ Confirms trends by checking the last five closing candles relative to the middle band.
✅ Filters out false signals by requiring price closures in specific Bollinger zones.
✅ Identifies trend strength by counting consecutive candle closes above/below critical levels.
✅ Provides real-time alerts for trading opportunities.
This indicator is ideal for traders who rely on Bollinger Bands to identify breakout trends and potential reversals. Whether you are a day trader or swing trader, BO.ELF Trading Signals helps you make informed decisions! 🚀
📌 Türkçe
BO.ELF Trading Signals By ElfAlgorithms, güçlü fiyat hareketlerini ve trend devam sinyallerini tespit etmek için Bollinger Bantları’na dayalı geliştirilmiş bir göstergedir.
🔹 Ana Özellikler:
✅ Fiyatın üst ve alt Bollinger bantlarına temaslarını algılar.
✅ Son beş mum kapanışını orta banda göre kontrol ederek trendi doğrular.
✅ Yanıltıcı sinyalleri önlemek için fiyatın belirli Bollinger bölgelerinde kapanmasını şart koşar.
✅ Trend gücünü belirlemek için kritik seviyelerin üzerinde/altında kapanan mumları numaralandırır.
✅ Gerçek zamanlı uyarılar ile işlem fırsatlarını bildirir.
Bollinger Bantlarını kullanarak trend kırılımlarını ve olası dönüşleri yakalamak isteyen yatırımcılar için idealdir. Günlük veya swing trade yapan herkes için BO.ELF Trading Signals, kararlarınıza rehberlik eder! 🚀
Divergenze VIX vs SP500L'indicatore confronta il prezzo dell'S&P 500 con l'RSI del VIX per rilevare divergenze rialziste e ribassiste. Questo strumento è progettato per anticipare le inversioni di trend, sfruttando la correlazione inversa tra S&P 500 e VIX.
🔍 Principio di funzionamento:
Se l’S&P 500 raggiunge nuovi massimi, ma l’RSI del VIX non conferma, si potrebbe verificare un’inversione ribassista.
Se l’S&P 500 segna nuovi minimi, ma l’RSI del VIX inizia a salire, il mercato potrebbe rimbalzare.
Divergenze VIX vs SP500L'indicatore confronta il prezzo dell'S&P 500 con l'RSI del VIX per rilevare divergenze rialziste e ribassiste. Questo strumento è progettato per anticipare le inversioni di trend, sfruttando la correlazione inversa tra S&P 500 e VIX.
Principio di funzionamento:
Se l’S&P 500 raggiunge nuovi massimi, ma l’RSI del VIX non conferma, si potrebbe verificare un’inversione ribassista.
Se l’S&P 500 segna nuovi minimi, ma l’RSI del VIX inizia a salire, il mercato potrebbe rimbalzare.
HTF Anchored FanSimilar to an Anchored VWAP, this lets you click a bar on an Daily, Weekly, or Monthly chart to add an "Anchored Fan" which displays lines at up to 6 levels above and below the chosen Anchor Point. Useful to measure the retracement during swing moves.
You can reposition the fan by either hovering over the anchor or by clicking the name of the study to "activate" it, and then dragging. You can also change the Anchor Point in Settings.
By default the anchor uses the bar Close, but you can change this manually in settings OR you can use the fancy "Auto high/low" mode which is handy if you are mainly dropping the fan on local swing highs and lows.
The default line measures were chosen for ES (Futures) but the study should be usable with nearly anything as long as you adjust the settings to something appropriate for the ticker. If you want to use this on NQ, for example, it would be reasonable to multiple each of these settings by 3.5 or so.
NOTE: If the fan is way off the left side of the chart it's generally easiest to use Settings to move it back to close to "now".
See also: Intraday Anchored Fan
Intraday Anchored FanSimilar to an Anchored VWAP, this lets you click a bar on an Intraday chart to add an "Anchored Fan" which displays lines at up to 6 levels above and below the chosen Anchor Point. Useful to measure the retracement during swing moves.
You can reposition the fan by either hovering over the anchor or by clicking the name of the study to "activate" it, and then dragging. You can also change the Anchor Point in Settings.
By default the anchor uses the bar Close, but you can change this manually in settings OR you can use the fancy "Auto high/low" mode which is handy if you are mainly dropping the fan on local swing highs and lows.
The default line measures were chosen for ES (Futures) but the study should be usable with nearly anything as long as you adjust the settings to something appropriate for the ticker. If you want to use this on NQ, for example, it would be reasonable to multiple each of these settings by 3.5 or so.
NOTE: If the fan is off the left side of the chart, one way to see the Anchor handle again easily is to switch to a higher timeframe; for example if you are on the 5min maybe use the 15min or hourly to find the handle -- if it is WAY off the left side (for example if you let many days pass without advancing it) it's generally easiest to use Settings to move it back to "now".
TOP & Bottom FinderThe TOP & Bottom Finder is a trend-reversal detection indicator that identifies potential market tops and bottoms based on RSI (Relative Strength Index), ATR (Average True Range), and price action. It helps traders spot overbought and oversold conditions to anticipate trend reversals.
Key Features:
✔ Identifies market tops & bottoms using RSI-based conditions.
✔ Detects oversold & overbought levels to highlight potential reversals.
✔ Uses ATR to confirm price proximity to support/resistance.
✔ Plots arrows on the chart when conditions for tops or bottoms are met.
How It Works:
Bottom Finder (Detects Market Lows)
1️⃣ RSI must be oversold → RSI below a sensitivity threshold (29).
2️⃣ Price near support level → Close price must be close to a recent low.
3️⃣ Bullish rejection candle → The candle should close higher than it opened.
4️⃣ All conditions must align → A bottom signal (up arrow) is generated.
🟢 Bottom Signal (White Arrow Up) → Indicates a potential bullish reversal.
Top Finder (Detects Market Highs)
1️⃣ RSI-based overbought detection → Uses an alternative RSI method to measure price strength.
2️⃣ High RSI triggers sell signal → When RSI crosses the threshold (89).
3️⃣ A top signal is plotted → Suggesting a possible bearish reversal.
🔴 Top Signal (White Arrow Down) → Indicates a potential bearish reversal.
Interpreting Signals:
✅ Bottom Finder → Suggests a buy opportunity when the market is oversold.
❌ Top Finder → Suggests a sell opportunity when the market is overbought.
The TOP & Bottom Finder is useful for traders looking to enter positions near support and exit near resistance. It works best when combined with other technical indicators like trend analysis, moving averages, or volume-based signals to confirm reversals.
Whale Activity Indicator (WAI)The Whale Activity Indicator (WAI) is a volume-based trading tool designed to detect large institutional trades and dark pool activities. It helps traders identify potential buying and selling pressure from major market participants by analyzing volume spikes, On-Balance Volume (OBV), and the Money Flow Index (MFI).
Key Features:
✔ Detects institutional and dark pool trades based on volume thresholds.
✔ Identifies volume spikes to highlight unusual trading activity.
✔ Uses OBV and MFI trends to confirm buying or selling pressure.
✔ Generates Buy & Sell signals with visual markers on the chart.
How It Works:
Volume Analysis: Determines whether a trade exceeds institutional or dark pool volume levels.
Volume Spike Detection: Compares the current volume against a moving average to spot unusual surges.
OBV & MFI Confirmation: Analyzes trends in OBV and MFI to validate whether the money flow supports a buy or sell signal.
Interpreting Signals:
🟢 Whale Buy (Green Arrow & Background) → Institutional buying detected.
🔴 Whale Sell (Red Arrow & Background) → Institutional selling detected.
The WAI helps traders spot accumulation and distribution phases and potential market reversals driven by large investors.
👉 Best used with other technical indicators to confirm trends and improve accuracy.
Buy/Sell StrategyStrategy Description:
This strategy combines technical analysis with short-term buy and sell signals to help you optimize profits. To enhance your results, it's essential to incorporate additional technical indicators, such as moving averages, for better profitability.
cashdata by farashahThis indicator is designed to generate wave charts following the NeoWave method.
NeoWave, developed by Glenn Neely in 1990, offers a scientific and objective approach to wave analysis.
A Cash Data is essential for accurate analysis, requiring highs and lows to be plotted in the exact order they occurred—a process that can be complex and time-consuming.
The indicator automates this process by identifying highs and lows for any symbol and timeframe, plotting them in real-time.
For instance, on a monthly timeframe, it finds yearly highs and lows and arranges them sequentially, forming a "Yearly Wave Chart" for NeoWave analysis.
•Generates Wave Charts for multiple timeframes(yearly, monthly, weekly, daily, hourly, minutely).
• Provides real-time auto-updating Wave Charts.
• Supports plotting based on calendar time, bar count, or equal distances.
• Compatible with all account types.
Machine Learning + Geometric Moving Average 250/500Indicator Description - Machine Learning + Geometric Moving Average 250/500
This indicator combines password-protected market analysis levels with two powerful Geometric Moving Averages (GMA 250 & GMA 500).
🔒 Password-Protected Custom Levels
Access pre-defined long and short price levels for select assets (crypto, stocks, and more) by entering the correct password in the indicator settings.
Once the correct password is entered, the indicator automatically displays:
Green horizontal lines for long entry zones.
Red horizontal lines for short entry zones.
If the password is incorrect, a warning label will appear on the chart.
📈 Geometric Moving Averages (GMA)
This indicator calculates GMA 250 and GMA 500, two long-term trend-following tools.
Unlike traditional moving averages, GMAs use logarithmic smoothing to better handle exponential price growth, making them especially useful for assets with strong trends (e.g., crypto and tech stocks).
GMA 250 (white line) tracks the medium-term trend.
GMA 500 (gold line) tracks the long-term trend.
⚙️ Customizable & Flexible
Works on multiple assets, including cryptocurrencies, equities, and more.
Adaptable to different timeframes and trading styles — ideal for both swing traders and long-term investors.
This indicator is ideal for traders who want to blend custom support/resistance levels with advanced geometric trend analysis to better navigate both volatile and trending markets.
US Yield Curve (2-10yr)US Yield Curve (2-10yr) by oonoon
2-10Y US Yield Curve and Investment Strategies
The 2-10 year US Treasury yield spread measures the difference between the 10-year and 2-year Treasury yields. It is a key indicator of economic conditions.
Inversion (Spread < 0%): When the 2-year yield exceeds the 10-year yield, it signals a potential recession. Investors may shift to long-term bonds (TLT, ZROZ), gold (GLD), or defensive stocks.
Steepening (Spread widening): A rising 10-year yield relative to the 2-year suggests economic expansion. Investors can benefit by shorting bonds (TBT) or investing in financial stocks (XLF). The Amundi US Curve Steepening 2-10Y ETF can be used to profit from this trend.
Monitoring the curve: Traders can track US10Y-US02Y on TradingView for real-time insights and adjust portfolios accordingly.
Percentage Based ZigZag█ OVERVIEW
The Percentage-Based ZigZag indicator is a custom technical analysis tool designed to highlight significant price reversals while filtering out market noise. Unlike many standard zigzag tools that rely solely on fixed price moves or generic trend-following methods, this indicator uses a configurable percentage threshold to dynamically determine meaningful pivot points. This approach not only adapts to different market conditions but also helps traders distinguish between minor fluctuations and truly significant trend shifts—whether scalping on shorter timeframes or analyzing longer-term trends.
█ KEY FEATURES & ORIGINALITY
Dynamic Pivot Detection
The indicator identifies pivot points by measuring the percentage change from the previous extreme (high or low). Only when this change exceeds a user-defined threshold is a new pivot recognized. This method ensures that only substantial moves are considered, making the indicator robust in volatile or noisy markets.
Enhanced ZigZag Visualization
By connecting significant highs and lows with a continuous line, the indicator creates a clear visual map of price swings. Each pivot point is labelled with the corresponding price and the percentage change from the previous pivot, providing immediate quantitative insight into the magnitude of the move.
Trend Reversal Projections
In addition to marking completed reversals, the script computes and displays potential future reversal points based on the current trend’s momentum. This forecasting element gives traders an advanced look at possible turning points, which can be particularly useful for short-term scalping strategies.
Customizable Visual Settings
Users can tailor the appearance by:
• Setting the percentage threshold to control sensitivity.
• Customizing colors for bullish (e.g., green) and bearish (e.g., red) reversals.
• Enabling optional background color changes that visually indicate the prevailing trend.
█ UNDERLYING METHODOLOGY & CALCULATIONS
Percentage-Based Filtering
The script continuously monitors price action and calculates the relative percentage change from the last identified pivot. A new pivot is confirmed only when the price moves a preset percentage away from this pivot, ensuring that minor fluctuations do not trigger false signals.
Pivot Point Logic
The indicator tracks the highest high and the lowest low since the last pivot. When the price reverses by the required percentage from these extremes, the algorithm:
1 — Labels the point as a significant high or low.
2 — Draws a connecting line from the previous pivot to the current one.
3 — Resets the extreme-tracking for detecting the next move.
Real-Time Reversal Estimation
Building on traditional zigzag methods, the script incorporates a projection calculation. By analyzing the current trend’s strength and recent percentage moves, it estimates where a future reversal might occur, offering traders actionable foresight.
█ HOW TO USE THE INDICATOR
1 — Apply the Indicator
• Add the Percentage-Based ZigZag indicator to your trading chart.
2 — Adjust Settings for Your Market
• Percentage Move – Set a threshold that matches your trading style:
- Lower values for sensitive, high-frequency analysis (ideal for scalping).
- Higher values for filtering out noise on longer timeframes.
• Visual Customization – Choose your preferred colors for bullish and bearish signals and enable background color changes for visual trend cues.
• Reversal Projection – Enable or disable the projection feature to display potential upcoming reversal points.
3 — Interpret the Signals
• ZigZag Lines – White lines trace significant high-to-low or low-to-high movements, visually connecting key swing points.
• Pivot Labels – Each pivot is annotated with the exact price level and percentage change, providing quantitative insight into market momentum.
• Trend Projections – When enabled, projected reversal levels offer insight into where the current trend might change.
4 — Integrate with Your Trading Strategy
• Use the indicator to identify support and resistance zones derived from significant pivots.
• Combine the quantitative data (percentage changes) with your risk management strategy to set optimal stop-loss and take-profit levels.
• Experiment with different threshold settings to adapt the indicator for various instruments or market conditions.
█ CONCLUSION
The Percentage-Based ZigZag indicator goes beyond traditional trend-following tools by filtering out market noise and providing clear, quantifiable insights into price action. With its percentage threshold for pivot detection and real-time reversal projections, this original methodology and customizable feature set offer traders a versatile edge for making informed trading decisions.
Wave Modulation Demo█ OVERVIEW
This script demonstrates Stacked Wave Modulation by visualizing four interconnected waves. Wave 1 is the base wave, influencing Wave 2's frequency, which in turn modulates Wave 3's amplitude, and finally, Wave 3 modulates Wave 4's phase. Explore the fascinating effects of wave modulation by adjusting the inputs for each wave and their modulation scales.
══════════════════════════════════════════════════
█ CONCEPTS
This script visualizes a cascade of wave modulations:
1 — Base Wave (Wave 1): This is the foundational wave. Its parameters (type, frequency, amplitude, phase, vertical shift) are directly controlled and serve as the basis for subsequent modulations.
2 — Frequency Modulation (Wave 2): Wave 2's frequency is modulated by Wave 1 . As Wave 1 oscillates, it dynamically changes the frequency of Wave 2 , creating interesting frequency variations. The Frequency Mod Scale input controls the intensity of this modulation.
3 — Amplitude Modulation (Wave 3): Building upon the cascade, Wave 3 's amplitude is modulated by Wave 2 . The peaks and troughs of Wave 2 influence the amplitude of Wave 3 , resulting in amplitude variations. The Amplitude Mod Scale input adjusts the strength of this amplitude modulation.
4 — Phase Modulation (Wave 4): Finally, Wave 4 's phase is modulated by Wave 3 . Wave 3 's oscillations shift the phase of Wave 4 , leading to phase-related distortions and dynamic wave patterns. The Phase Mod Scale input determines the extent of phase modulation.
5 — Stacked Wave (Average): The script calculates and plots the average of all four waves, providing a composite view of the combined modulation effects.
══════════════════════════════════════════════════
█ FEATURES
The script is organized into input groups for each wave, allowing for detailed customization:
1 — Wave 1: Base Wave
• Type : Select the waveform type for Wave 1 (Sine, Cosine, Triangle, Square).
• Frequency (Hz) : Sets the base frequency of Wave 1 in Hertz (cycles per second).
• Amplitude : Controls the vertical amplitude or height of Wave 1.
• Phase Shift (deg) : Adjusts the phase shift of Wave 1 in degrees, shifting the wave horizontally.
• Vertical Shift : Sets the vertical position of Wave 1 on the chart.
2 — Wave 2: Frequency Modulation
• Type : Select the waveform type for Wave 2.
• Base Frequency (Hz) : Sets the base frequency of Wave 2, before modulation.
• Amplitude : Controls the amplitude of Wave 2.
• Phase Shift (deg) : Adjusts the phase shift of Wave 2.
• Vertical Shift : Sets the vertical position of Wave 2.
• Frequency Mod Scale : Determines the degree to which Wave 1 modulates Wave 2's frequency. Higher values increase the modulation effect.
3 — Wave 3: Amplitude Modulation
• Type : Select the waveform type for Wave 3.
• Base Frequency (Hz) : Sets the base frequency of Wave 3.
• Amplitude : Controls the base amplitude of Wave 3, before modulation.
• Phase Shift (deg) : Adjusts the phase shift of Wave 3.
• Vertical Shift : Sets the vertical position of Wave 3.
• Amplitude Mod Scale : Determines the degree to which Wave 2 modulates Wave 3's amplitude. Higher values increase the modulation effect.
4 — Wave 4: Phase Modulation
• Type : Select the waveform type for Wave 4.
• Base Frequency (Hz) : Sets the base frequency of Wave 4.
• Amplitude : Controls the amplitude of Wave 4.
• Phase Shift (deg) : Sets the base phase shift of Wave 4, before modulation.
• Vertical Shift : Sets the vertical position of Wave 4.
• Phase Mod Scale : Determines the degree to which Wave 3 modulates Wave 4's phase. Higher values increase the modulation effect.
══════════════════════════════════════════════════
█ HOW TO USE
1. Add the "Stacked Wave Modulation Demo" script to your TradingView chart.
2. Explore the input settings. Each wave has its own group of customizable parameters.
3. Adjust the Type , Frequency , Amplitude , Phase Shift , and Vertical Shift for each wave to define their base characteristics.
4. Experiment with the modulation scales ( Frequency Mod Scale , Amplitude Mod Scale , Phase Mod Scale ) to control the intensity of the modulation effects between the waves.
5. Observe how the waves interact and how the modulations shape their forms and the final stacked wave (average).
══════════════════════════════════════════════════
█ NOTES
* This script utilizes the `waves` and `hsvColor` libraries. Look for other scripts on my profile.
* The frequencies are set in Hertz (cycles per second), which relate to bars on the chart. A frequency of 0.5 Hz means 0.5 cycles per bar, or 1 cycle every 2 bars.
* Adjusting the modulation scales allows you to fine-tune the visual impact of the modulation effects.
* The color of each wave plot is dynamically generated based on its value using the HSV color model for visual distinction.
* Feel free to modify and experiment with the script to create different modulation schemes or stacking methods.
Let me know if you have any other questions or would like further refinements!
Volume Trend Signals | iSolani
Volume Trend Signals | iSolani: Syncing Price Momentum with Volume Confirmation
In the dance between price action and volume, discerning true trend commitment requires seeing how institutional players vote with their capital. The Volume Trend Signals | iSolani illuminates this interplay by generating precise crossover signals when volume-accelerated price movements gain sustained traction. Unlike conventional volume oscillators, it employs a two-layered confirmation system —blending volatility-adjusted thresholds with adaptive smoothing—to spotlight high-probability entries aligned with smart-money activity.
Core Methodology
The indicator executes a five-phase process to filter meaningful trends:
Logarithmic Price Scaling: Measures percentage-based price changes via HLC3 typical price, reducing large-value bias in volatile markets.
Volatility Dynamic Filter: Uses a 30-bar standard deviation of price changes, scaled by user sensitivity (default 2x), to set momentum thresholds.
Volume Governance: Caps raw volume at 3x its 40-bar SMA, neutralizing outlier spikes while preserving institutional footprints.
Directional Flow Accumulation: Sums volume as positive/negative based on whether price movement breaches volatility-derived boundaries.
Signal Refinement: Smooths the Volume Flow Indicator (VFI) with a 3-bar SMA, then triggers alerts via crosses over a 20-bar EMA signal line.
Breaking New Ground
This tool introduces three evolutionary improvements over traditional volume indicators:
EMA Convergence Signals: Unlike basic zero-cross systems, it requires VFI to overtake its own EMA, confirming sustained momentum shifts.
Context-Aware Volume: The 3x volume cap adapts to current market activity, preventing false signals during news-driven liquidity spikes.
Minimalist Visual Alerts: Uses and symbols below/above candles, reducing chart clutter while emphasizing pivotal moments.
Engine Under the Hood
The script’s logic flows through four computational stages:
Data Conditioning: Computes HLC3 and its log-based rate of change for normalized price analysis.
Threshold Calibration: Derives dynamic entry/exit levels from 30-period volatility multiplied by user sensitivity.
Volume Processing: Filters and signs volume based on price meeting threshold criteria.
Signal Generation: Triggers buy/sell labels when the 3-bar SMA of cumulative flow crosses the 20-bar EMA.
Standard Configuration
Optimized defaults balance responsiveness and reliability:
VFI Length: 40-bar accumulation window
Sensitivity: 2.0 (double the volatility-derived threshold)
Signal Smoothing: 20-bar EMA
Volume Cap: 3x average (hidden parameter)
Smoothing: Enabled (3-bar SMA on VFI)
By fusing adaptive volume filtering with EMA-confirmed momentum, the Volume Trend Signals | iSolani cuts through market noise to reveal institutional-grade trend inflection points. Its unique crossover logic—prioritizing confirmation over speed—makes it particularly effective in swing trading and trend-following strategies across equities, commodities, and forex markets.
Crypto Scanner v4This guide explains a version 6 Pine Script that scans a user-provided list of cryptocurrency tokens to identify high probability tradable opportunities using several technical indicators. The script combines trend, momentum, and volume-based analyses to generate potential buying or selling signals, and it displays the results in a neatly formatted table with alerts for trading setups. Below is a detailed walkthrough of the script’s design, how traders can interpret its outputs, and recommendations for optimizing indicator inputs across different timeframes.
## Overview and Key Components
The script is designed to help traders assess multiple tokens by calculating several indicators for each one. The key components include:
- **Input Settings:**
- A comma-separated list of symbols to scan.
- Adjustable parameters for technical indicators such as ADX, RSI, MFI, and a custom Wave Trend indicator.
- Options to enable alerts and set update frequencies.
- **Indicator Calculations:**
- **ADX (Average Directional Index):** Measures trend strength. A value above the provided threshold indicates a strong trend, which is essential for validating momentum before entering a trade.
- **RSI (Relative Strength Index):** Helps determine overbought or oversold conditions. When the RSI is below the oversold level, it may present a buying opportunity, while an overbought condition (not explicitly part of this setup) could suggest selling.
- **MFI (Money Flow Index):** Similar in concept to RSI but incorporates volume, thus assessing buying and selling pressure. Values below the designated oversold threshold indicate potential undervaluation.
- **Wave Trend:** A custom indicator that calculates two components (WT1 and WT2); a crossover where WT1 moves from below to above WT2 (particularly near oversold levels) may signal a reversal and a potential entry point.
- **Scanning and Trading Zone:**
- The script identifies a *bullish setup* when the following conditions are met for a token:
- ADX exceeds the threshold (strong trend).
- Both RSI and MFI are below their oversold levels (indicating potential buying opportunities).
- A Wave Trend crossover confirms near-term reversal dynamics.
- A *trading zone* condition is also defined by specific ranges for ADX, RSI, MFI, and a limited difference between WT1 and WT2. This zone suggests that the token might be in a consolidation phase where even small moves may be significant.
- **Alerts and Table Reporting:**
- A table is generated, with each row corresponding to a token. The table contains columns for the symbol, ADX, RSI, MFI, WT1, WT2, and the trading zone status.
- Visual cues—such as different background colors—highlight tokens with a bullish setup or that are within the trading zone.
- Alerts are issued based on the detection of a bullish setup or entry into a trading zone. These alerts are limited per bar to avoid flooding the trader with notifications.
## How to Interpret the Indicator Outputs
Traders should use the indicator values as guidance, verifying them against their own analysis before making any trading decision. Here’s how to assess each output:
- **ADX:**
- **High values (above threshold):** Indicate strong trends. If other indicators confirm an oversold condition, a trader may consider a long position for a corrective reversal.
- **Low values:** Suggest that the market is not trending strongly, and caution should be taken when considering entry.
- **RSI and MFI:**
- **Below oversold levels:** These conditions are traditionally seen as signals that an asset is undervalued, potentially triggering a bounce.
- **Above typical resistance levels (not explicitly used here):** Would normally caution a trader against entering a long position.
- **Wave Trend (WT1 and WT2):**
- A crossover where WT1 moves upward above WT2 in an oversold environment can signal the beginning of a recovery or reversal, thereby reinforcing buy signals.
- **Trading Zone:**
- Being “in zone” means that the asset’s current values for ADX, RSI, MFI, and the closeness of the Wave Trend lines indicate a period of consolidation. This scenario might be suitable for both short-term scalping or as an early exit indicator, depending on further market analysis.
## Timeframe Optimization Input Table
Traders can optimize indicator inputs depending on the timeframe they use. The following table provides a set of recommended input values for various timeframes. These values are suggestions and should be adjusted based on market conditions and individual trading styles.
Timeframe ADX RSI MFI ADX RSI MFI WT Channel WT Average
5-min 10 10 10 20 30 20 7 15
15-min 12 12 12 22 30 20 9 18
1-hour 14 14 14 25 30 20 10 21
4-hour 16 16 16 27 30 20 12 24
1-day 18 18 18 30 30 20 14 28
Adjust these parameters directly in the script’s input settings to match the selected timeframe. For shorter timeframes (e.g., 5-min or 15-min), the shorter lengths help filter high-frequency noise. For longer timeframes (e.g., 1-day), longer input values may reduce false signals and capture more significant trends.
## Best Practices and Usage Tips
- **Token Limit:**
- Limit the number of tokens scanned to 10 per query line. If you need to scan more tokens, initiate a new query line. This helps manage screen real estate and ensures the table remains legible.
- **Confirming Signals:**
- Use this script as a starting point for identifying high potential trades. Each indicator’s output should be used to confirm your trading decision. Always cross-reference with additional technical analysis tools or market context.
- **Regular Review:**
- Since the script updates the table every few bars (as defined by the update frequency), review the table and alerts regularly. Market conditions change rapidly, so timely decisions are crucial.
## Conclusion
This Pine Script provides a comprehensive approach for scanning multiple cryptocurrencies using a combination of trend strength (ADX), momentum (RSI and MFI), and reversal signals (Wave Trend). By using the provided recommendation table for different timeframes and limiting the tokens to 20 per query line (with a maximum of four query lines), traders can streamline their scanning process and more effectively identify high probability tradable tokens. Ultimately, the outputs should be critically evaluated and combined with additional market research before executing any trades.
On-chain Zscore | QuantumResearchQuantumResearch On-chain Zscore Indicator
The On-chain Zscore Indicator by QuantumResearch is a cutting-edge tool designed for traders and analysts who leverage on-chain metrics to assess Bitcoin’s market conditions. This indicator calculates a composite Z-score using three key on-chain metrics: NUPL (Net Unrealized Profit/Loss), SOPR (Spent Output Profit Ratio), and MVRV (Market Value to Realized Value). By normalizing these values through standard deviations, the indicator provides a dynamic, data-driven approach to identifying overbought and oversold conditions, improving market timing and decision-making.
1. Overview
This indicator integrates multiple on-chain metrics to:
Assess Market Cycles – Utilize Z-score normalization to detect potential tops and bottoms.
Smooth Volatility – Apply EMA and standard deviation filtering to refine signals.
Identify Buy & Sell Signals – Use adaptive thresholds to highlight market extremes.
Provide Visual Clarity – Color-coded bar signals and background fills for intuitive analysis.
2. How It Works
A. Z-score Calculation
What is a Z-score? – The Z-score measures how far a data point deviates from its historical mean in terms of standard deviations. This helps in identifying statistical extremes.
Zscore(source,mean,std)=>
zscore = (source-mean)/std
zscore
Standard Deviation Normalization – Each on-chain metric (NUPL, SOPR, MVRV) is individually standardized before being combined into a final score.
B. On-Chain Components
NUPL Z-score – Measures unrealized profits and losses relative to market cycles.
SOPR Z-score – Evaluates profit-taking behavior on spent outputs.
MVRV Z-score – Assesses whether Bitcoin is overvalued or undervalued based on market cap vs. realized cap.
C. Composite On-chain Score
The indicator computes an average Z-score of the three on-chain metrics to create a composite market assessment.
Adaptive thresholds (default: 0.73 for bullish signals, -0.44 for bearish signals) dynamically adjust based on market conditions.
3. Visual Representation
This indicator features color-coded elements and dynamic threshold visualization:
Bar Colors
Green Bars – Bullish conditions when Z-score exceeds the upper threshold.
Red Bars – Bearish conditions when Z-score drops below the lower threshold.
Gray Bars – Neutral market conditions.
Threshold Bands & Background Fill
Upper Band (Overbought) – Default threshold set at 0.73.
Middle Band – Neutral zone at 0.
Lower Band (Oversold) – Default threshold set at -0.44.
4. Customization & Parameters
This indicator is highly configurable, allowing traders to fine-tune settings based on their strategy:
On-Chain Z-score Settings
NUPL Z-score Length – Default: 126 periods
SOPR Z-score Length – Default: 111 periods
MVRV Z-score Length – Default: 111 periods
Signal Thresholds
Upper Threshold (Bullish Zone) – Default: 0.73
Lower Threshold (Bearish Zone) – Default: -0.44
Color & Visual Settings
Choose from eight customizable color modes to suit personal preferences.
5. Trading Applications
The On-chain Zscore Indicator is versatile and can be applied in various market scenarios:
Macro Trend Analysis – Identify long-term market tops and bottoms using normalized on-chain metrics.
Momentum Confirmation – Validate price action trends with SOPR & MVRV behavior.
Market Timing – Use deviation thresholds to enter at historically significant price zones.
Risk Management – Avoid overextended markets by watching for extreme Z-score readings.
6. Final Thoughts
The QuantumResearch On-chain Zscore Indicator provides a unique approach to market evaluation by combining three critical on-chain metrics into a single, normalized score.
By standardizing Bitcoin’s market behavior, this tool helps traders and investors make informed decisions based on historical statistical extremes.
Backtesting and validation are essential before using this indicator in live trading. While it enhances market analysis, it should be used alongside other tools and strategies.
Disclaimer: No indicator can guarantee future performance. Always use appropriate risk management and perform due diligence before trading.
Fibonacci Cycle Finder🟩 Fibonacci Cycle Finder is an indicator designed to explore Fibonacci-based waves and cycles through visualization and experimentation, introducing a trigonometric approach to market structure analysis. Unlike traditional Fibonacci tools that rely on static horizontal levels, this indicator incorporates the dynamic nature of market cycles, using adjustable wavelength, phase, and amplitude settings to visualize the rhythm of price movements. By applying a sine function, it provides a structured way to examine Fibonacci relationships in a non-linear context.
Fibonacci Cycle Finder unifies Fibonacci principles with a wave-based method by employing adjustable parameters to align each wave with real-time price action. By default, the wave begins with minimal curvature, preserving the structural familiarity of horizontal Fibonacci retracements. By adjusting the input parameters, the wave can subtly transition from a horizontal line to a more pronounced cycle,visualizing cyclical structures within price movement. This projective structure extends potential cyclical outlines on the chart, opening deeper exploration of how Fibonacci relationships may emerge over time.
Fibonacci Cycle Finder further underscores a non-linear representation of price by illustrating how wave-based logic can uncover shifts that are missed by static retracement tools. Rather than imposing immediate oscillatory behavior, the indicator encourages a progressive approach, where the parameters may be incrementally modified to align wave structures with observed price action. This refinement process deepens the exploration of Fibonacci relationships, offering a systematic way to experiment with non-linear price dynamics. In doing so, it revisits fundamental Fibonacci concepts, demonstrating their broader adaptability beyond fixed horizontal retracements.
🌀 THEORY & CONCEPT 🌀
What if Fibonacci relationships could be visualized as dynamic waves rather than confined to fixed horizontal levels? Fibonacci Cycle Finder introduces a trigonometric approach to market structure analysis, offering a different perspective on Fibonacci-based cycles. This tool provides a way to visualize market fluctuations through cyclical wave motion, opening the door to further exploration of Fibonacci’s role in non-linear price behavior.
Traditional Fibonacci tools, such as retracements and extensions, have long been used to identify potential support and resistance levels. While valuable for analyzing price trends, these tools assume linear price movement and rely on static horizontal levels. However, market fluctuations often exhibit cyclical tendencies , where price follows natural wave-like structures rather than strictly adhering to fixed retracement points. Although Fibonacci-based tools such as arcs, fans, and time zones attempt to address these patterns, they primarily apply geometric projections. The Fibonacci Cycle Finder takes a different approach by mapping Fibonacci ratios along structured wave cycles, aligning these relationships with the natural curvature of market movement rather than forcing them onto rigid price levels.
Rather than replacing traditional Fibonacci methods, the Fibonacci Cycle Finder supplements existing Fibonacci theory by introducing an exploratory approach to price structure analysis. It encourages traders to experiment with how Fibonacci ratios interact with cyclical price structures, offering an additional layer of insight beyond static retracements and extensions. This approach allows Fibonacci levels to be examined beyond their traditional static form, providing deeper insights into market fluctuations.
📊 FIBONACCI WAVE IMPLEMENTATION 📊
The Fibonacci Cycle Finder uses two user-defined swing points, A and B, as the foundation for projecting these Fibonacci waves. It first establishes standard horizontal levels that correspond to traditional Fibonacci retracements, ensuring a baseline reference before wave adjustments are applied. By default, the wave is intentionally subtle— Wavelength is set to 1 , Amplitude is set to 1 , and Phase is set to 0 . In other words, the wave starts as “stretched out.” This allows a slow, measured start, encouraging users to refine parameters incrementally rather than producing abrupt oscillations. As these parameters are increased, the wave takes on more distinct sine and cosine characteristics, offering a flexible approach to exploring Fibonacci-based cyclicity within price action.
Three parameters control the shape of the Fibonacci wave:
1️⃣ Wavelength Controls the horizontal spacing of the wave along the time axis, determining the length of one full cycle from peak to peak (or trough to trough). In this indicator, Wavelength acts as a scaling input that adjusts how far the wave extends across time, rather than a strict mathematical “wavelength.” Lower values further stretch the wave, increasing the spacing between oscillations, while higher values compress it into a more frequent cycle. Each full cycle is divided into four quarter-cycle segments, a deliberate design choice to minimize curvature by default. This allows for subtle oscillations and smoother transitions, preventing excessive distortion while maintaining flexibility in wave projections. The wavelength is calculated relative to the A-B swing, ensuring that its scale adapts dynamically to the selected price range.
2️⃣ Amplitude Defines the vertical displacement of the wave relative to the baseline Fibonacci level. Higher values increase the height of oscillations, while lower values reduce the height, Negative values will invert the wave’s initial direction. The amplitude is dynamically applied in relation to the A-B swing direction, ensuring that an upward swing results in upward oscillations and a downward swing results in downward oscillations.
3️⃣ Phase Shifts the wave’s starting position along its cycle, adjusting alignment relative to the swing points. A phase of 0 aligns with a sine wave, where the cycle starts at zero and rises. A phase of 25 aligns with a cosine wave, starting at a peak and descending. A phase of 50 inverts the sine wave, beginning at zero but falling first, while a phase of 75 aligns with an inverted cosine , starting at a trough and rising. Intermediate values between these phases create gradual shifts in wave positioning, allowing for finer alignment with observed market structures.
By fine-tuning these parameters, users can adapt Fibonacci waves to better reflect observed market behaviors. The wave structure integrates with price movements rather than simply overlaying static levels, allowing for a more dynamic representation of cyclical price tendencies. This indicator serves as an exploratory tool for understanding potential market rhythms, encouraging traders to test and visualize how Fibonacci principles extend beyond their traditional applications.
🖼️ CHART EXAMPLES 🖼️
Following this downtrend, price interacts with curved Fibonacci levels, highlighting resistance at the 0.236 and 0.382 levels, where price stalls before pulling back. Support emerges at the 0.5, 0.618, and 0.786 levels, where price finds stability and rebounds
In this Fibonacci retracement, price initially finds support at the 1.0 level, following the natural curvature of the cycle. Resistance forms at 0.786, leading to a pullback before price breaks through and tests 0.618 as resistance. Once 0.618 is breached, price moves upward to test 0.5, illustrating how Fibonacci-based cycles may align with evolving market structure beyond static, horizontal retracements.
Following this uptrend, price retraces downward and interacts with the Fibonacci levels, demonstrating both support and resistance at key levels such as 0.236, 0.382, 0.5, and 0.618.
With only the 0.5 and 1.0 levels enabled, this chart remains uncluttered while still highlighting key price interactions. The short cycle length results in a mild curvature, aligning smoothly with market movement. Price finds resistance at the 0.5 level while showing strong support at 1.0, which follows the natural flow of the market. Keeping the focus on fewer levels helps maintain clarity while still capturing how price reacts within the cycle.
🛠️ CONFIGURATION AND SETTINGS 🛠️
Wave Parameters
Wavelength : Stretches or compresses the wave along the time axis, determining the length of one full cycle. Higher values extend the wave across more bars, while lower values compress it into a shorter time frame.
Amplitude : Expands or contracts the wave along the price axis, determining the height of oscillations relative to Fibonacci levels. Higher values increase the vertical range, while negative values invert the wave’s initial direction.
Phase : Offsets the wave along the time axis, adjusting where the cycle begins. Higher values shift the starting position forward within the wave pattern.
Fibonacci Levels
Levels : Enable or disable specific Fibonacci levels (0.0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0) to focus on relevant price zones.
Color : Modify level colors for enhanced visual clarity.
Visibility
Trend Line/Color : Toggle and customize the trend line connecting swing points A and B.
Setup Lines : Show or hide lines linking Fibonacci levels to projected waves.
A/B Labels Visibility : Control the visibility of swing point labels.
Left/Right Labels : Manage the display of Fibonacci level labels on both sides of the chart.
Fill % : Adjust shading intensity between Fibonacci levels (0% = no fill, 100% = maximum fill).
A and B Points (Time/Price):
These user-defined anchor points serve as the basis for Fibonacci wave calculations and can be manually set. A and B points can also be adjusted directly on the chart, with automatic synchronization to the settings panel, allowing for seamless modifications without needing to manually input values.
⚠️ DISCLAIMER ⚠️
The Fibonacci Cycle Finder is a visual analysis tool designed to illustrate Fibonacci relationships and serve as a supplement to traditional Fibonacci tools. While the indicator employs mathematical and geometric principles, no guarantee is made that its calculations will align with other Fibonacci tools or proprietary methods. Like all technical and visual indicators, the Fibonacci levels generated by this tool may appear to visually align with key price zones in hindsight. However, these levels are not intended as standalone signals for trading decisions. This indicator is intended for educational and analytical purposes, complementing other tools and methods of market analysis.
🧠 BEYOND THE CODE 🧠
Fibonacci Cycle Finder is the latest indicator in the Fibonacci Geometry Series. Building on the concepts of the Fibonacci Time-Price Zones and the Fibonacci 3-D indicators, this tool introduces a trigonometric approach to market structure analysis.
The Fibonacci Cycle Finder indicator, like other xxattaxx indicators , is designed to encourage both education and community engagement. Your feedback and insights are invaluable to refining and enhancing the Fibonacci Cycle Finder indicator. We look forward to the creative applications, observations, and discussions this tool inspires within the trading community.
