Auf geht's

Exponential Moving Average (EMA)

Rainbow Bands🌈 Rainbow Bands Indicator 🌈 The Rainbow Bands indicator is a dynamic tool designed to help traders identify potential trends with ease. It uses a series of 15 Exponential Moving Averages (EMAs) ranging from 9 to 51 periods to create a colorful representation of market momentum. When the EMAs align to form a rainbow 🌈, it signals a potential uptrend, while an upside-down rainbow 🌧️ suggests a possible downtrend. This intuitive visual layout helps traders quickly assess the market direction, reducing the need for multiple indicators. 📊 How It Works 📊 The Rainbow Bands indicator smooths out price fluctuations by blending shorter and longer-term EMAs. As the EMAs stack in order from short to long, they create a "rainbow" effect that is easy to spot on the chart. This method not only offers trend confirmation but also shows market strength and potential reversal points. Whether you're a scalper or swing trader, the Rainbow Bands add another layer of clarity to your trading decisions. 🚀 How To Use It 🚀 To step up your trading game, simply use the Rainbow Bands as a confirmation tool in your strategies. Look for the rainbow pattern to indicate a strong uptrend and the upside-down rainbow to highlight possible downtrends. By incorporating this indicator into your toolkit, you'll have a visual, reliable source of confirmation that can help improve your win rate. Add it to your charts and see how it elevates your trading strategy today!
Pine Script® Indikator
von ftwtactical
RSI14 + EMA9 + WMA45, with price ladderSummary of Main Functions ✅ Displays RSI along with EMA and WMA: Plots the 14-period RSI, 9-period EMA, and 45-period WMA to analyze price momentum. ✅ Determines price levels corresponding to specific RSI values: Calculates and displays the price needed for RSI to reach predefined levels (e.g., 20, 30, 40, 50, 60, 70, 80). ✅ Displays price labels on the chart: Adds target price labels to make it easier to identify key price zones based on RSI. Practical Applications 🔹 Identifies potential price levels when RSI reaches key thresholds, helping predict price momentum. 🔹 Supports RSI-based trading: Traders can use this information to set buy/sell strategies at specific RSI levels. 🔹 Tracks RSI trends with EMA and WMA: EMA reacts quickly to price changes, while WMA smooths out long-term trends.
Pine Script® Indikator
von dangtunglam14
1
RSI Price LadderSummary of Main Functions ✅ Converts RSI values into corresponding price levels: Helps predict how much the price needs to change to reach a specific RSI value. ✅ Displays labels and horizontal lines on the chart: Makes it easy to observe key price levels related to RSI. ✅ Provides dynamic RSI levels: RSI, EMA RSI, and WMA RSI are all plotted as target price levels. Practical Applications 🔹 Identify potential price levels when RSI reaches overbought or oversold zones. 🔹 Support RSI-based trading: Traders can place buy/sell orders based on RSI target prices. 🔹 Monitor dynamic RSI trends with EMA and WMA lines.
Pine Script® Indikator
von dangtunglam14
2
Combined EMA Technical AnalysisThis script is written in Pine Script (version 5) for TradingView and creates a comprehensive technical analysis indicator called "Combined EMA Technical Analysis." It overlays multiple technical indicators on a price chart, including Exponential Moving Averages (EMAs), VWAP, MACD, PSAR, RSI, Bollinger Bands, ADX, and external data from the S&P 500 (SPX) and VIX indices. The script also provides visual cues through colors, shapes, and a customizable table to help traders interpret market conditions. Here’s a breakdown of the script: --- ### **1. Purpose** - The script combines several popular technical indicators to analyze price trends, momentum, volatility, and market sentiment. - It uses color coding (green for bullish, red for bearish, gray/white for neutral) and a table to display key information. --- ### **2. Custom Colors** - Defines custom RGB colors for bullish (`customGreen`), bearish (`customRed`), and neutral (`neutralGray`) signals to enhance visual clarity. --- ### **3. User Inputs** - **EMA Colors**: Users can customize the colors of five EMAs (8, 20, 9, 21, 50 periods). - **MACD Settings**: Adjustable short length (12), long length (26), and signal length (9). - **RSI Settings**: Adjustable length (14). - **Bollinger Bands Settings**: Length (20), multiplier (2), and proximity threshold (0.1% of band width). - **ADX Settings**: Adjustable length (14). - **Table Settings**: Position (e.g., "Bottom Right") and text size (e.g., "Small"). --- ### **4. Indicator Calculations** #### **Exponential Moving Averages (EMAs)** - Calculates five EMAs: 8, 20, 9, 21, and 50 periods based on the closing price. - Used to identify short-term and long-term trends. #### **Volume Weighted Average Price (VWAP)** - Resets daily and calculates the average price weighted by volume. - Color-coded: green if price > VWAP (bullish), red if price < VWAP (bearish), white if neutral. #### **MACD (Moving Average Convergence Divergence)** - Uses short (12) and long (26) EMAs to compute the MACD line, with a 9-period signal line. - Displays "Bullish" (green) if MACD > signal, "Bearish" (red) if MACD < signal. #### **Parabolic SAR (PSAR)** - Calculated with acceleration factors (start: 0.02, increment: 0.02, max: 0.2). - Indicates trend direction: green if price > PSAR (bullish), red if price < PSAR (bearish). #### **Relative Strength Index (RSI)** - Measures momentum over 14 periods. - Highlighted in green if > 70 (overbought), red if < 30 (oversold), white otherwise. #### **Bollinger Bands (BB)** - Uses a 20-period SMA with a 2-standard-deviation multiplier. - Color-coded based on price position: - Green: Above upper band or close to it. - Red: Below lower band or close to it. - Gray: Neutral (within bands). #### **Average Directional Index (ADX)** - Manually calculates ADX to measure trend strength: - Strong trend: ADX > 25. - Very strong trend: ADX > 50. - Direction: Bullish if +DI > -DI, bearish if -DI > +DI. #### **EMA Crosses** - Detects bullish (crossover) and bearish (crossunder) events for: - EMA 9 vs. EMA 21. - EMA 8 vs. EMA 20. - Visualized with green (bullish) or red (bearish) circles. #### **SPX and VIX Data** - Fetches daily closing prices for the S&P 500 (SPX) and VIX (volatility index). - SPX trend: Bullish if EMA 9 > EMA 21, bearish if EMA 9 < EMA 21. - VIX levels: High (> 25, fear), Low (< 15, stability). - VIX color: Green if SPX bullish and VIX low, red if SPX bearish and VIX high, white otherwise. --- ### **5. Visual Outputs** #### **Plots** - EMAs, VWAP, and PSAR are plotted on the chart with their respective colors. - EMA crosses are marked with circles (green for bullish, red for bearish). #### **Table** - Displays a summary of indicators in a customizable position and size. - Indicators shown (if enabled): - EMA 8/20, 9/21, 50: Green dot if bullish, red if bearish. - VWAP: Green if price > VWAP, red if price < VWAP. - MACD: Green if bullish, red if bearish. - MACD Zero: Green if MACD > 0, red if MACD < 0. - PSAR: Green if price > PSAR, red if price < PSAR. - ADX: Arrows for very strong trends (↑/↓), dots for weaker trends, colored by direction. - Bollinger Bands: Arrows (↑/↓) or dots based on price position. - RSI: Numeric value, colored by overbought/oversold levels. - VIX: Numeric value, colored based on SPX trend and VIX level. --- ### **6. Alerts** - Triggers alerts for EMA 8/20 crosses: - Bullish: "EMA 8/20 Bullish Cross on Candle Close!" - Bearish: "EMA 8/20 Bearish Cross on Candle Close!" --- ### **7. Key Features** - **Flexibility**: Users can toggle indicators on/off in the table and adjust parameters. - **Visual Clarity**: Consistent use of green (bullish), red (bearish), and neutral colors. - **Comprehensive**: Combines trend, momentum, volatility, and market sentiment indicators. --- ### **How to Use** 1. Add the script to TradingView. 2. Customize inputs (colors, lengths, table position) as needed. 3. Interpret the chart and table: - Green signals suggest bullish conditions. - Red signals suggest bearish conditions. - Neutral signals indicate indecision or consolidation. 4. Set up alerts for EMA crosses to catch trend changes. This script is ideal for traders who want a multi-indicator dashboard to monitor price action and market conditions efficiently.
Pine Script® Indikator
von skrillionaire1
MA SniperThis indicator automatically finds the most effective moving average to use in a price crossover strategy—so you can focus on trading, not testing. It continuously evaluates a wide range of moving average periods, ranks them based on real-time market performance, and selects the one delivering the highest quality signals. The result? A smarter, adaptive tool that shows you exactly when price crosses its optimal moving average—bullish signals in green, bearish in red. What makes it unique is the way it thinks. Under the hood, the script doesn’t just pick a random MA or let you choose one manually. Instead, it backtests a large panel of moving average lengths for the current asset and timeframe. It evaluates each one by calculating its **Profit Factor**—a key performance metric used by pros to measure the quality of a strategy. Then, it assigns each MA a score and ranks them in a clean, built-in table so you can see, at a glance, which ones are currently most effective. From that list, it picks the top-performing MA and uses it to generate live crossover signals on your chart. That MA is plotted automatically, and the signals adapt in real-time. This isn’t a static setup—it’s a dynamic system that evolves as the market evolves. Even better: the indicator detects the type of instrument you’re trading (forex, stocks, etc.) and adjusts its internal calculations accordingly, including how many bars per day to consider. That means it remains highly accurate whether you’re trading EURUSD, SPX500, or TSLA. You also get a real-time dashboard (via the table) that acts as a transparent scorecard. Want to see how other MAs are doing? You can. Want to understand why a certain MA was selected? The data is right there. This tool is for traders who love crossover strategies but want something smarter, faster, and more precise—without spending hours manually testing. Whether you're scalping or swing trading, it offers a data-driven edge that’s hard to ignore. Give it a try—you’ll quickly see how powerful it can be when your MA does the thinking for you. This tool is for informational and educational purposes only. Trading involves risk, and past performance does not guarantee future results. Use responsibly.
Pine Script® Indikator
von Julien_Eche
1
Realtime HTF Candle [NLR]This lightweight indicator displays higher timeframe candles on your current chart - in real-time as they form, not just after they close. Unlike most HTF candle indicators that only show completed candles (and often feel bloated with too many features), this script updates the current HTF candle live, including its open, high, low, and close as it develops. 🔹 Features: Draws full-body HTF candles (high-to-low and open-to-close ranges). Supports any custom HTF (e.g., 15m candles on a 1m chart). Color-coded boxes to differentiate between bullish and bearish candles. Live updating HTF candle box as price evolves — no delay. Optional moving average overlays with smoothing to help track short- and long-term trends. Perfect for intraday traders who want to stay aligned with higher timeframe structure without clogging up their charts.
Pine Script® Indikator
von NonLinearRookie
2
Fibonacci Trend with Adaptive ChannelsFibonacci Trend with Adaptive Channels The "Fibonacci Trend with Adaptive Channels" indicator is a powerful technical analysis tool that blends dynamic Fibonacci retracement levels with adaptive trend channels and exponential moving averages (EMAs). Designed for traders seeking a comprehensive view of market trends and key price levels, this script combines the precision of ChartPrime's Fibonacci Trend with Julien Eche's Adaptive Trend Finder, enhanced with customizable EMAs. Whether you're a swing trader, day trader, or long-term investor, this indicator offers a versatile approach to identifying support, resistance, and trend direction. Fibonacci Levels At its core, the indicator dynamically plots Fibonacci retracement levels (0, 0.236, 0.382, 0.5, 0.618, 0.786, 1) based on the Supertrend indicator's direction. When a trend shift occurs, the script identifies the highest high and lowest low within the trend, extending these levels forward by a user-defined number of bars. Traders can customize the Fibonacci line color and fill color between levels, making it easy to spot potential reversal zones or continuation patterns in any market condition. Exponential Moving Averages (EMAs) To complement the Fibonacci analysis, the indicator overlays three EMAs with periods of 10, 55, and 200. These moving averages provide additional context for trend strength and momentum. The short-term EMA (10) tracks rapid price movements, the medium-term EMA (55) offers a balanced view, and the long-term EMA (200) highlights the broader market direction. Each EMA's color is fully customizable, allowing users to tailor the visual experience to their preferences. Adaptive Trend Channels The Adaptive Trend Finder component introduces logarithmic regression-based channels that automatically adjust to the strongest historical trend. Users can toggle between short-term (20-200 bars) and long-term (300-1200 bars) channel modes, with customizable deviation multipliers, line styles, and colors for both the midline and outer channels. This adaptive approach ensures that the channels reflect the most statistically significant trend, providing a robust framework for price action analysis. Statistical Insights A standout feature is the integrated table, which displays key metrics about the detected trend. Traders can choose to show the auto-selected period (the length with the highest correlation), trend strength (via a descriptive label or Pearson's R value), and the annualized return (CAGR) for daily or weekly timeframes. The table's position and text size are adjustable, offering flexibility to keep your chart clean while accessing critical data at a glance. Customization and Flexibility This indicator is built with customization in mind. Beyond color options for Fibonacci levels, EMAs, and channels, users can adjust the Supertrend period, Fibonacci extension length, channel deviation, and table settings. Whether you prefer a minimalist setup with just the essentials or a detailed display with all features enabled, the script adapts to your trading style. Load it twice to view short-term and long-term channels simultaneously for a multi-timeframe perspective. Usage and Licensing Ideal for stocks, forex, cryptocurrencies, and more, this indicator is published under a dual-license framework: MPL-2.0 for the Fibonacci Trend component (© ChartPrime) and GPL-3.0 for the Adaptive Trend Finder component (© Julien Eche). For optimal performance, ensure sufficient historical data is loaded, especially in long-term channel mode. Scroll back on your chart if channels aren't visible, and experiment with settings to fine-tune the tool to your market and timeframe of choice.
Pine Script® Indikator
von ggihoff
1
Multi Moving Averages & McGinley DynamicThis code enables investors to view the Exponential Moving Average (EMA) and Simple Moving Average (SMA) for a given equity across various time intervals, such as 10, 20, 50, 100, and 200 days. This allows investors to gain a clearer understanding of the equity’s behavior. As is well known, the EMA gives more weight to recent prices, while the SMA treats all prices equally. The EMA is more sensitive to recent data, making it suitable for short-term traders, while the SMA is preferred by long-term traders. Additionally, the McGinley Dynamic Average indicator has been integrated into this oscillator. The McGinley Dynamic indicator is a type of moving average designed to track the market more effectively than traditional moving averages. It automatically adjusts to the pace of the financial markets, addressing the issue of improperly applied moving averages and minimizing price separation. All in one! I hope this oscillator proves useful to investors.
Pine Script® Indikator
von Umitene7w
1
Combined Market Structure Indicator### 🧠 Combined Market Structure Indicator – Supertrend + QQE + EMA + OB/MSB The **Combined Market Structure Indicator** is a powerful, all-in-one trading tool designed to help you identify **market structure breaks (MSBs)**, **order blocks (OBs)**, **EMA crossovers**, and popular **trend-following indicators** like **Supertrend** and **QQE** – all in a single script. #### 🚀 Key Features: 🔹 **Supertrend Buy/Sell Signals** Identifies trend changes with customizable ATR and factor values. Alerts are built-in for both long and short opportunities. 🔹 **QQE Momentum Signals** A refined QQE (Quantitative Qualitative Estimation) implementation to catch early momentum shifts. Plots buy/sell signals on the chart. 🔹 **EMA Crossovers** Customizable fast and slow exponential moving averages highlight classic trend continuation or reversal points with optional alerts. 🔹 **Market Structure Break (MSB)** Detects bullish and bearish market structure breaks using dynamic zigzag swing points and Fibonacci-based confirmation logic. MSBs are clearly labeled on the chart. 🔹 **Order Block (OB) Detection** Automatically draws bullish and bearish OB zones based on candle structure and market shifts. Alerts notify when price revisits these areas. 🔹 **Breaker Block & Mitigation Block Zones (BB/MB)** Visual zones for potential rejections or continuations, helping traders anticipate key reaction levels in the price structure. 🔹 **Dynamic ZigZag Visualization** Optional zigzag line plotting to visualize swing highs/lows, providing better structure clarity and confirming OB/MSB zones. 🔹 **Custom Alert System** Smart alerts for Supertrend, EMA crossovers, QQE signals, and price entering key OB/BB zones – fully customizable. #### 🎛️ User Inputs: - Supertrend Factor, ATR Length - QQE RSI Length - Fast/Slow EMA periods - Alert toggles for each system - Zigzag sensitivity and visualization toggle - Full control over OB/BB colors, labels, and cleanup behavior #### 📊 Ideal For: - Swing Traders - Smart Money / ICT Style Traders - Trend Followers - Breakout/Breakdown Traders - Anyone seeking structure-based confluence zones
Pine Script® Indikator
von TheRowdyRod
NakInvest - Inside Bar no Eden dos Traders (Stormer)📌 NakInvest - Inside Bar Detector (Éden dos Traders Enhanced Detection) This indicator is designed to identify Inside Bars that occur during strong trending conditions, following the popular Éden dos Traders strategy by Stormer, famous brazilian trader. It uses the relationship between two EMAs (Short EMA & Long EMA) to determine whether the market is in a bullish or bearish trend, and highlights Inside Bars that meet specific criteria. ⸻ 🔍 What This Indicator Does: 1. EMA-Based Trend Detection: • Identifies Uptrends when the Short EMA is above the Long EMA. • Identifies Downtrends when the Short EMA is below the Long EMA. 2. Inside Bar Detection: • An Inside Bar is detected when the entire candle (body & wicks) is contained within the body of the previous candle. • This pattern suggests consolidation and potential breakouts, especially when found within a strong trend. 3. Debug Mode for Transparency: • When enabled, provides visual markers to indicate when the conditions for trend detection and Inside Bars are met. • Helps traders understand why certain candles are detected and others are not. ⸻ 📈 How to Use: • Apply this indicator to any market and timeframe, but it’s most effective on higher timeframes (H1, H4, Daily). • Ideal for traders looking for trend-continuation setups or reversal signals after periods of consolidation. • Combine this indicator with other tools (e.g., Volume Analysis, Price Action Patterns) for greater accuracy. ⸻ ⚙️ Indicator Settings: 1. Short EMA Length: The period for the fast-moving average (default: 8). 2. Long EMA Length: The period for the slow-moving average (default: 80). 3. Enable Debug Mode: Toggle visibility of debug markers to better understand condition logic. ⸻ 📢 Alerts: This script includes labels for: • IB (Up): Inside Bar detected during an uptrend. • IB (Down): Inside Bar detected during a downtrend. ⸻ 📌 Disclaimer: This indicator is intended for educational purposes only and is not financial advice. Always perform your own research and consult with a financial professional before making any trading decisions.
Pine Script® Indikator
von feliperazeek
EMA Clouds with Strict Buy/Sell SignalsEMA Clouds with Strict Buy/Sell Signals - Precision Trading Unleashed Unlock the power of trend-following precision with the EMA Clouds with Strict Buy/Sell Signals indicator, a sophisticated tool built for traders who demand reliability and clarity in their decision-making. Inspired by the legendary Ripster EMA Clouds, this indicator takes the classic cloud concept to the next level by incorporating stricter, high-confidence signals—perfect for navigating the markets on 15-minute or higher timeframes. Why You’ll Want This on Your Chart: Dual EMA Clouds for Crystal-Clear Trends: Watch as two dynamic clouds—formed by carefully paired Exponential Moving Averages (8/21 and 34/50)—paint a vivid picture of market momentum. The green short-term cloud and red long-term cloud provide an intuitive, at-a-glance view of trend direction and strength. Stricter Signals, Fewer False Moves: Tired of chasing weak signals? This indicator only triggers buy and sell signals when the stars align: a cloud crossover (short-term crossing above or below long-term) and price confirmation above or below both clouds. The result? Fewer trades, higher conviction, and a cleaner chart. Customizable Timeframe Power: Whether you’re a scalper on the 15-minute chart or a swing trader on the daily, tailor the clouds to your preferred higher timeframe (15min, 30min, 1hr, 4hr, or daily) for seamless integration into your strategy. Visual Mastery Meets Actionable Alerts: Green buy triangles below the bars and red sell triangles above them make spotting opportunities effortless. Pair this with built-in alerts, and you’ll never miss a high-probability trade again. How It Works: Buy Signal: Triggers when the short-term cloud crosses above the long-term cloud and the price surges above both, signaling a robust bullish breakout. Sell Signal: Activates when the short-term cloud dips below the long-term cloud and the price falls beneath both, confirming bearish dominance. Cloud Visualization: The green cloud (8/21 EMA) tracks fast-moving trends, while the red cloud (34/50 EMA) anchors the broader market direction—together, they filter noise and spotlight tradable moves. Why Traders Will Love It: Designed for those who value precision over guesswork, this indicator cuts through market clutter to deliver signals you can trust. Whether you’re trading stocks, forex, crypto, or futures, its adaptability and strict logic make it a must-have tool for serious traders. Customize the EMA lengths, tweak the timeframe, and watch your edge sharpen. Add EMA Clouds with Strict Buy/Sell Signals to your chart today and experience the confidence of trading with a tool that’s as disciplined as you are. Your next big move is waiting—don’t let it slip away.
Pine Script® Indikator
von epphllps
1
Air Gap MTF with alert settingsWhat it shows: This indicator will show a horizontal line at a price where each EMAs are on on different time frames, which will remove the effort of having to flick through different time frames or look at different chart. The lines itself will move in real time as price moves and therefore as the EMA values changes so no need to manually adjustment the lines. How to use it: The price gap between each of the lines are known as "air gaps", which are essentially zones price can move with less resistance. Therefore bigger the airgap there is more likely more movement in price. In other words, where lines are can be a resistance (or support) and can expect price stagnation or rejection. On the chart it is clear to see lines are acting as resistances/supports. Key settings: The time frame are fixed to: 30min, 1hr and 4hr. This cannot be changed as of now. EMA values for each time frame are user changeable in the settings, and up to 4 different values can be chosen for each time frame. Default is 5,12,34 and 50 for each timeframe. Line colour, thickness and style can be user adjusted. Start point for where line will be drawn can be changed in the settings, either: start of day, user defined start or across the chart. In case of user defined scenario user can input a number that specifies a offset from current candle. Label colour, font, alignment, text size and text itself can be user adjusted in the settings. Price can be also displayed if user chooses to do so. Position of label (offset from current candle) is user specified and can be adjusted by the user. Both the lines and labels can be turned off (both and individually), for each lines. Alert Settings: Manually, user can set alerts for when price crosses a specific line. This can be done by: right click on any of line choose first option (add alert on...) On the second option under condition, use the dropdown menu to choose the desired EMA/timeframe to set alert for. Hit "create" at bottom right of option ---------------------------------------------------------------------- If anything is not clear please let me know!
Pine Script® Indikator
von Mereep01
MFI Nexus Pro [trade_lexx]📈 MFI Nexus Pro is your reliable trading assistant! 📊 What is MFI Nexus Pro ? MFI Nexus Pro is a trading indicator that analyzes cash flows in the market. It shows where money is moving — into or out of an asset, and based on this, generates buy or sell signals. 💡 The main components of the indicator 📊 The MFI Cash Flow Index (MFI) shows the strength of cash flow into an asset. Values above 70 indicate overbought (an early sale is possible), and values below 30 indicate oversold (an early purchase is possible). 📈 Moving Averages (MA) The indicator uses 10 different types of moving averages to smooth the MFI line.: - SMA: Simple moving average - EMA: Exponential moving average - WMA: Weighted moving average And other more complex types (HMA, KAMA, VWMA, ALMA, TEMA, ZLEMA, DEMA) The choice of the type of moving average affects the speed of the indicator's response to market changes. 🎯 Bollinger Bands (BB) Bands around the moving average that widen and narrow depending on volatility. They help determine when the MFI is out of the normal range. 🔄 Divergences Divergences show discrepancies between price and MFI: - Bullish divergence: the price is falling and the MFI is rising — an upward reversal is possible - Bearish divergence: the price is rising and the MFI is falling — a downward reversal is possible 🔍 Indicator signals 1️⃣ Moving average signals (MA) Buy signal - What happens: MFI crosses its moving average from bottom to top - What does it look like: the green triangle labeled "MA" under the chart - What does it mean: money begins to actively flow into the asset, price growth is possible Sell signal - What happens: the MFI crosses the moving average from top to bottom - What does it look like: a red triangle with the label "MA" above the chart - What does it mean: money starts to leave the asset, the price may fall 2️⃣ Bollinger Band Signals (BB) Buy signal - What's happening: The MFI crosses the lower Bollinger band from bottom to top - What it looks like: the green triangle marked "BB" - What it means: The MFI was too low and is now starting to recover Sell Signal - What's going on: MFI crosses the upper Bollinger band from top to bottom - What it looks like: a red triangle marked "BB" - What it means: The MFI was too high and is now starting to decline 3️⃣ Divergence Signals (Div) Buy Signal (Bullish Divergence) - What's going on: the price is falling more than the MFI - What it looks like: a green triangle marked "Div" - What it means: despite the fall in price, money is already starting to return to the asset Sell signal (bearish divergence) - What is happening: the price is rising more strongly than the MFI - What does it look like: the red triangle with the label "Div" - What does it mean: despite the price increase, money is already starting to leave the asset 🛠️ Filters to filter out false signals 1️⃣ Minimum distance between the signals - What it does: sets the minimum number of candles between signals - Why it is needed: prevents signals from being too frequent during strong market fluctuations - How to set it up: Set the number from 0 and above (default: 5) 2️⃣ "Waiting for the opposite signal" mode - What it does: waits for a signal in the opposite direction before generating a new signal - Why you need it: it helps you not to miss important trend reversals - How to set up: just turn the function on or off 3️⃣ Filter by MFI levels - What it does: generates signals only when the MFI is in the specified ranges - Why it is needed: it helps to catch the moments when the market is oversold or overbought - How to set up: - For buy signals: set a range for oversold (e.g. 1-30) - For sell signals: set a range for overbought (e.g. 70-100) 4️⃣ The RSI filter - What it does: additionally checks the RSI values to confirm the signals - Why it is needed: adds additional confirmation from another popular indicator - How to set up: Similar to the MFI filter, set ranges for buying and selling 🔄 Signal combination modes 1️⃣ Normal mode ("None") - How it works: all signals (MA, BB, Div) work independently of each other - When to use it: for general market analysis or when learning how to work with the indicator 2️⃣ "And" mode ("MA and BB and Div") - How it works: the alarm appears only when several conditions are triggered simultaneously - Combination options: - MA+BB: signals from the moving average and Bollinger bands - MA+Div: signals from the moving average and divergence - BB+Div: signals from the Bollinger bands and divergence - MA+BB+Div: all three signals simultaneously - When to use: for more reliable but rare signals 3️⃣ "OR" mode ("MA or BB or Div") - How it works: the alarm appears when any of the conditions are triggered - When to use: for frequent signals when you don't want to miss any opportunity. 🔌 Connecting to trading strategies The indicator can be connected to your trading strategies using 5 different channels.: 1. Channel for MA signals: connects only signals from moving averages 2. BB signal channel: connects only the signals from the Bollinger bands 3. Channel for divergence signals: connects only divergence signals 4. Channel for "And" mode: connects only combined signals 5. Channel for "OR" mode: connects signals from any source 🔔 Setting up alerts The indicator can send alerts when alarms appear.: - Alerts for MA: when the MFI crosses the moving average - Alerts for BB: when the MFI crosses the Bollinger bands - Divergence alerts: when a divergence is detected - Combined alerts: for "AND" and "OR" modes 🎭 What does the indicator look like on the chart ? - MFI main line: purple line - Overbought/oversold levels: horizontal lines at levels 30 and 70 - Middle line: dotted line at level 50 - MFI Moving Average: yellow line - Bollinger bands: green lines around the moving average - Signals: green and red triangles with corresponding labels 📚 How to start using MFI Nexus Pro 1️⃣ Initial setup - Add an indicator to your chart - Select the type of moving average and the period (you can leave it as the default) - Activate the desired signal types (MA, BB, Div) 2️⃣ Filter settings - Set the distance between the signals to get rid of unnecessary noise - Adjust the MFI and RSI levels depending on how volatile your asset is - If you need more reliable signals, turn on the "Waiting for the opposite signal" mode. 3️⃣ Operation mode selection - First, use the standard mode to see all possible signals. - When you get comfortable, try the "And" mode for more reliable signals. - For active trading, you can use the "OR" mode 4️⃣ Setting up Alerts - Select the types of signals you want to be notified about - Set up alerts for "AND" or "OR" modes if you use them 5️⃣ Verification and adaptation - Check the operation of the indicator on historical data - Adjust the parameters for a specific asset - Adapt the settings to your trading style 🌟 Usage examples For trend trading - Use MA signals in the direction of the main trend - Turn on the "Waiting for the opposite signal" mode - Set stricter levels for filters For trading in a sideways range - Use BB signals to detect bounces from the range boundaries - Use the MFI level filter to confirm overbought/oversold conditions - Adjust the Bollinger bands according to the width of the range To determine the pivot points - Pay attention to the divergence signals - Use the "And" mode by combining divergences with other signals - Check the RSI filter for additional confirmation
Pine Script® Indikator
von trade_lexx
Renz-GPT IndicatorThe Renz-GPT Indicator is a powerful, all-in-one trading tool designed to simplify decision-making and improve trade accuracy using a combination of trend, momentum, and volume analysis. 🔍 How It Works Trend Detection: Uses two EMAs (Exponential Moving Averages) to identify the current market trend. A higher timeframe EMA acts as a trend filter to align trades with the larger market trend. Momentum Confirmation: RSI (Relative Strength Index) confirms the momentum strength. Only takes trades when the momentum aligns with the trend. Volume Confirmation: Uses On-Balance Volume (OBV) to verify if volume supports the trend direction. Signal Calculation: Combines trend, momentum, and volume signals to create a high-probability trade setup. Filters out weak signals to avoid false trades. Entry, Stop Loss & Take Profit: Displays clear LONG and SHORT markers on the chart. Automatically calculates and displays Stop Loss and Take Profit levels based on ATR (Average True Range). Alerts: Sends real-time alerts when a valid buy or sell signal occurs. Alerts include entry price, stop loss, and take profit levels.
Pine Script® Indikator
von renzocay07
Best MA Pair Finder (Crossover Strategy)This indicator automatically identifies the optimal pair of moving averages (MAs) for a crossover strategy using all available historical data. It offers several MA options—including SMA, EMA, and TEMA—allowing users to select the desired type in the settings. The indicator supports two strategy modes: “Long Only” and “Buy & Sell”, which can be chosen via the options. For each MA pair combination, the indicator performs a backtest and calculates the profit factor, considering only those pairs where the total number of trades meets or exceeds the user-defined "Minimum Trades" threshold. This parameter ensures that the selected optimal pair is based on a statistically meaningful sample rather than on a limited number of trades. The results provided by this indicator are based on historical data and backtests, which may not guarantee future performance. Users should conduct their own analysis and use proper risk management before making trading decisions.
Pine Script® Indikator
von Julien_Eche
9
TradZoo - EMA Crossover IndicatorDescription: This EMA Crossover Trading Strategy is designed to provide precise Buy and Sell signals with confirmation, defined targets, and stop-loss levels, ensuring strong risk management. Additionally, a 30-candle gap rule is implemented to avoid frequent signals and enhance trade accuracy. 📌 Strategy Logic ✅ Exponential Moving Averages (EMAs): Uses EMA 50 & EMA 200 for trend direction. Buy signals occur when price action confirms EMA crossovers. ✅ Entry Confirmation: Buy Signal: Occurs when either the current or previous candle touches the 200 EMA, and the next candle closes above the previous candle’s close. Sell Signal: Occurs when either the current or previous candle touches the 200 EMA, and the next candle closes below the previous candle’s close. ✅ 30-Candle Gap Rule: Prevents frequent entries by ensuring at least 30 candles pass before the next trade. Improves signal quality and prevents excessive trading. 🎯 Target & Stop-Loss Calculation ✅ Buy Position: Target: 2X the difference between the last candle’s close and the lowest low of the last 2 candles. Stop Loss: The lowest low of the last 2 candles. ✅ Sell Position: Target: 2X the difference between the last candle’s close and the highest high of the last 2 candles. Stop Loss: The highest high of the last 2 candles. 📊 Visual Features ✅ Buy & Sell Signals: Green Upward Arrow → Buy Signal Red Downward Arrow → Sell Signal ✅ Target Levels: Green Dotted Line: Buy Target Red Dotted Line: Sell Target ✅ Stop Loss Levels: Dark Red Solid Line: Stop Loss for Buy/Sell 💡 How to Use 🔹 Ideal for trend-following traders using EMAs. 🔹 Works best in volatile & trending markets (avoid sideways ranges). 🔹 Can be combined with RSI, MACD, or price action levels for added confluence. 🔹 Recommended timeframes: 1M, 5M, 15m, 1H, 4H, Daily (for best results). 🚀 Try this strategy and enhance your trading decisions with structured risk management!
Pine Script® Indikator
von TradZoo
2