SMA Crossover + MACD Zero Filter by AaronEscaThis indicator combines Simple Moving Average crossovers with a MACD zero-line filter to provide reliable buy/sell signals with momentum confirmation.
Toggle between:
20/50 SMA crossover – classic trend confirmation
9/20 SMA crossover – early reversal signals
Includes:
Visual fill between SMAs
MACD filter to confirm momentum
Instant BUY/SELL labels
Alerts for bullish and bearish entries
Created by AaronEsca to help traders reduce noise and act with confidence. Great for swing traders and intraday setups on the 15m–4H timeframes.
Moving Averages
OG EMA+VWAPDescription:
The OG EMA Stack + VWAP + Auto Fibonacci Pivots is a powerful trend-following and confluence-based trading tool. It combines 6 key exponential moving averages (8, 21, 50, 100, 200, 400), VWAP, and automatic Fibonacci pivot zones to help traders identify dynamic support/resistance levels, trend strength, and high-probability trade zones.
How it works:
EMAs are color-coded to show bullish/bearish stacking.
VWAP serves as an intraday mean reversion benchmark.
Fibonacci Pivots are automatically plotted based on recent swing highs/lows to reveal key retracement levels.
Best for:
Identifying trend strength and potential reversals.
Spotting confluences of EMAs, VWAP, and Fibonacci levels for sniper entries.
Scalping, swing trading, and intraday setups.
Tip: Use this on clean charts to spot when price bounces between stacked EMAs and VWAP with pivot zone rejections.
ORB Strategy with VWAP and 21 EMA Confluencesorta works just gotta filter out bad signals fr if ur good at daily bias this is a good orb indictor
20EMA📈 20 EMA Multi-Period Indicator
This indicator displays 20 Exponential Moving Averages (EMA) with customizable periods ranging from 10 to 200. It helps visualize market dynamics by overlaying multiple EMAs on the price chart.
🔥 Features:
✅ Fully customizable 20 EMAs (period & price source)
✅ Ideal for identifying short, medium, and long-term trends
✅ Suitable for scalping, day trading, and swing trading
✅ Works as an overlay directly on the price chart
⚙️ Customizable Settings:
EMA Periods: Adjust each EMA length to match your strategy
Price Source: Choose between close, open, high, low, etc.
💡 How to Use:
A strong trend is confirmed when EMAs are aligned in one direction
Crossovers between EMAs may indicate trend reversals
EMAs can act as dynamic support and resistance levels
Add this indicator to your trading toolkit to analyze trends and optimize your trade entries and exits! 🚀📊
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.
Trend V2 (2025 Colorized) /w filterSame trend candle logic from before, but with a linear regression slope filter. The idea is going long when both are green and short when both are red. Simple and seems to be pretty effective.
Trend V1(2025 Colorized)Just another way to visualize a trend. It's great for keeping you in a fast trend!
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!
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.
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.
Multi-MA Strategy Analyzer with BacktestMulti-MA Strategy Analyzer with Backtest
This TradingView Pine Script indicator is designed to analyze multiple moving averages (SMA or EMA) dynamically and identify the most profitable one based on historical performance.
Features
Dynamic MA Range:
Specify a minLength, maxLength, and step size.
Automatically calculates up to 20 MAs.
Custom MA Calculation:
Uses custom SMA and EMA implementations to support dynamic length values.
Buy/Sell Logic:
Buy when price crosses above a MA.
Sell when price crosses below.
Supports both long and short trades.
Performance Tracking:
Tracks PnL, number of trades, win rate, average profit, and drawdown.
Maintains individual stats for each MA.
Best MA Detection:
Automatically highlights the best-performing MA.
Optional showBestOnly toggle to focus only on the best line and its stats.
Visualization:
Up to 20 plot() calls (static) for MAs.
Green highlight for the best MA.
Color-coded result table and chart.
Table View
When showBestOnly = false, the table displays all MAs with stats.
When showBestOnly = true, the table displays only the best MA with a summary row.
Includes:
Best MA length
Total PnL
Number of trades
Win rate
Avg PnL per trade
Max Drawdown
Configuration
minLength (default: 10)
maxLength (default: 200)
step (default: 10)
useEMA: Toggle between EMA and SMA
showBestOnly: Focus on best-performing MA only
Notes
MA plotting is static, limited to 20 total.
Table supports highlighting and is optimized for performance.
Script is structured to run efficiently using arrays and simple int where required.
Potential Extensions
Add visual buy/sell arrows
Export stats to CSV
Strategy tester conversion
Custom date range filtering for backtesting
Author: Muhammad Wasim
Version: 1.0
Money printer machine update - By Farshid Ehsani]Ready to take your trend-following strategy to the next level?
Say hello to Zero Lag Trend Signals, a precision-engineered Pine Script™ indicator designed to eliminate lag and provide rapid trend insights across multiple timeframes. 💡 This tool blends zero-lag EMA (ZLEMA) logic with volatility bands, trend-shift markers, and dynamic alerts. The result? Timely signals with minimal noise for clearer decision-making, whether you're trading intraday or on longer horizons
How It Works 🧠
The script calculates the zero-lag EMA (ZLEMA) by compensating for data lag, giving traders more responsive moving averages. It checks for volatility shifts using the Average True Range (ATR), multiplied to create upper and lower deviation bands. If the price crosses above or below these bands, it marks the start of new trends. Additionally, the indicator aggregates trend data from up to five configurable timeframes and displays them in a neat summary table. This helps you confirm trends across different intervals—ideal for multi-timeframe analysis. The visual signals include upward and downward arrows on the chart, denoting potential entries or exits when trends align across timeframes. Traders can use these cues to make well-timed trades and avoid lag-related pitfalls.
EMA 10x20 CrossRecommended to use in 4H or above
"The EMA 10x20 Cross Indicator is a clean, efficient tool to help traders identify trend changes using two exponential moving averages (EMAs).
This script plots:
A fast EMA (10-period) in green
A slow EMA (20-period) in red
Blue circles at crossover points (appearing directly on the EMA 20 line for easy spotting)
Unlike complex indicators, this keeps your chart clutter-free while providing clear visual signals for potential trend reversals. Whether you're a day trader, swing trader, or long-term investor, this classic EMA crossover strategy helps you:
✔ Catch early trend shifts
✔ Filter out minor price noise
✔ Improve entry & exit timing
Simply add it to your chart and let the blue circles guide your next trade! 🚀
Customize lengths in inputs if needed—works on any timeframe!"
MACD Crossover Breakout Rays with VWAP & Breakout ConfirmationOverview
This script is designed to highlight potential strong breakout moves by combining MACD crossovers, VWAP confirmation, and price action breakouts. It helps traders identify momentum shifts and filter high-probability trade setups.
How It Works
1. MACD Crossover Detection
- The script detects bullish crossovers (MACD line crossing above the signal line) and bearish crossovers (MACD line crossing below the signal line).
- A horizontal ray is drawn at the high (bullish) or low (bearish) of the crossover candle.
2. Multi-Timeframe MACD Confirmation
- A secondary MACD crossover is checked on a lower timeframe (default: 5 minutes) to confirm the strength of the move.
- The script ensures alignment between the primary and lower timeframe MACD crossovers before signaling a strong move.
3. VWAP Confirmation
- A bullish breakout is valid only if the price is above the VWAP.
- A bearish breakout is valid only if the price is below the VWAP.
4. Breakout Validation
- The script waits for price action confirmation—a breakout is only valid when a candle closes above (bullish) or below (bearish) the horizontal ray.
- Once confirmed, the ray color changes to blue to signal a strong move.
5. Label Alerts for Strong Moves
- When all conditions align, the script prints "STRONG 💪 MOVE" above or below the breakout candle.
- The previous label is automatically removed to keep the chart clean.
Customization Options
- MACD Settings: Adjust fast/slow lengths and signal smoothing.
- Lower Timeframe Confirmation: Choose a different timeframe for multi-timeframe MACD validation.
- VWAP Filtering: Ensure breakouts align with volume-weighted trends.
- Ray Length & Colors: Customize the horizontal ray length, width, and colors.
- Breakout Confirmation Window: Adjust how many bars to check for MACD alignment.
Best Use Cases
✅ Identifying high-probability breakouts with trend confirmation.
✅ Filtering out false signals by requiring multi-timeframe agreement.
✅ Helping traders stay in momentum-driven moves with strong confirmation.
⚠ Note: This script is for educational purposes only and does not constitute financial advice. Always conduct your own analysis before making trading decisions.
Long Term Profitable Swing | AbbasA Story of a Profitable Swing Trading Strategy
Imagine you're sailing across the ocean, looking for the perfect wave to ride. Swing trading is quite similar—you're navigating the stock market, searching for the ideal moments to enter and exit trades. This strategy, created by Abbas, helps you find those waves and ride them effectively to profitable outcomes.
🌊 Finding the Perfect Wave (Entry)
Our journey begins with two simple signs that tell us a great trading opportunity is forming:
- Moving Averages: We use two lines that follow price trends—the faster one (EMA 16) reacts quickly to recent price moves, and the slower one (EMA 30) gives us a longer-term perspective. When the faster line crosses above the slower line, it's like a clear signal saying, "Hey! The wave is rising, and prices might move higher!"
- RSI Momentum: Next, we check a tool called the RSI, which measures momentum (how strongly prices are moving). If the RSI number is above 50, it means there's enough strength behind this rising wave to carry us forward.
When both signals appear together, that's our green light. It's time to jump on our surfboard and start riding this promising wave.
⚓ Safely Riding the Wave (Risk Management)
While we're riding this wave, we want to ensure we're safe from sudden surprises. To do this, we use something called the Average True Range (ATR), which measures how volatile (or bumpy) the price movements are:
- Stop-Loss: To avoid falling too hard, we set a safety line (stop-loss) 8 times the ATR below our entry price. This helps ensure we exit if the wave suddenly turns against us, protecting us from heavy losses.
- Take Profit: We also set a goal to exit the trade at 11 times the ATR above our entry. This way, we capture significant profits when the wave reaches a nice high point.
🌟 Multiple Rides, Bigger Adventures
This strategy allows us to take multiple positions simultaneously—like riding several waves at once, up to 5. Each trade we make uses only 10% of our trading capital, keeping risks manageable and giving us multiple opportunities to win big.
🗺️ Easy to Follow Settings
Here are the basic settings we use:
- Fast EMA**: 16
- Slow EMA**: 30
- RSI Length**: 9
- RSI Threshold**: 50
- ATR Length**: 21
- ATR Stop-Loss Multiplier**: 8
- ATR Take-Profit Multiplier**: 11
These settings are flexible—you can adjust them to better suit different markets or your personal trading style.
🎉 Riding the Waves of Success
This simple yet powerful swing trading approach helps you confidently enter trades, clearly know when to exit, and effectively manage your risk. It’s a reliable way to ride market waves, capture profits, and minimize losses.
Happy trading, and may you find many profitable waves to ride! 🌊✨
Please test, and take into account that it depends on taking multiple longs within the swing, and you only get to invest 25/30% of your equity.
Regime Filter IndicatorRegime Filter – Crypto Market Trend Indicator
📊 Overview
The Regime Filter is a powerful market analysis indicator designed specifically for crypto trading. It helps traders identify whether the market is in a bullish or bearish phase by analyzing key assets in the cryptocurrency market, including Bitcoin (BTC), Bitcoin Dominance (BTC.D), and the Altcoin Market (TOTAL3). The indicator compares these assets against their respective Simple Moving Averages (SMA) to determine the overall market regime, allowing traders to make more informed decisions.
🔍 How It Works
The Regime Filter evaluates three main components to determine the market's sentiment:
1. BTC Dominance (BTC.D) vs. 40 SMA (Medium Timeframe)
The Bitcoin Dominance (BTC.D) is compared to its 40-period SMA on a mid-timeframe (e.g.,
1-hour). If BTC.D is below the 40 SMA, it indicates that altcoins are performing well relative
to Bitcoin, suggesting a bullish altcoin market. If BTC.D is above the 40 SMA, Bitcoin is
gaining dominance, indicating a potential bearish phase for altcoins.
2. TOTAL3 Market Cap vs. 100 SMA (Medium Timeframe)
The TOTAL3 index, which tracks the total market capitalization of all cryptocurrencies except
Bitcoin and Ethereum, is compared to its 100-period SMA. A bullish signal occurs when TOTAL3
is above the 100 SMA, indicating strength in altcoins, while a bearish signal occurs when
TOTAL3 is below the 100 SMA, signaling a potential weakness in the altcoin market.
3. BTC Price vs. 200 SMA (Higher Timeframe)
The current Bitcoin price is compared to its 200-period Simple Moving Average (SMA) on a
higher timeframe (e.g., 4-hour). A bullish signal is given when the BTC price is above the 200
SMA, and a bearish signal when it's below.
🟢 Bullish Market Conditions
The market is considered bullish when:
- BTC Dominance (BTC.D) is below the 40 SMA, suggesting altcoins are gaining momentum.
- TOTAL3 Market Cap is above the 100 SMA, signaling strength in the altcoin market.
- BTC price is above the 200 SMA, indicating an uptrend in Bitcoin.
In these conditions, the background turns green 🟢, and a "Bullish" label is displayed on the chart.
🔴 Bearish Market Conditions
The market is considered bearish when:
- BTC Dominance (BTC.D) is above the 40 SMA, indicating Bitcoin is outperforming altcoins.
- TOTAL3 Market Cap is below the 100 SMA, signaling weakness in altcoins.
- BTC price is below the 200 SMA, indicating a downtrend in Bitcoin.
In these conditions, the background turns red 🔴, and a "Bearish" label appears on the chart.
⚙ Customization Options
- The Regime Filter offers flexibility for traders:
- Enable or Disable Specific SMAs: Customize the indicator by enabling or disabling the 200 SMA for Bitcoin, the 40 SMA for BTC Dominance, and the 100 SMA for TOTAL3.
- Adjust Timeframes: Choose the timeframes for each of the moving averages to suit your preferred trading strategy.
- Real-Time Data Adjustments: The indicator updates in real-time to reflect current market conditions, ensuring timely analysis.
📈 Best Use Cases
- Trend Confirmation: The Regime Filter is ideal for confirming the market's overall trend,
helping traders to align their positions with the dominant market sentiment.
- Trade Entry/Exit Signals: Use the indicator to identify favorable entry or exit points based on
whether the market is in a bullish or bearish phase.
- Market Overview: Gain a quick understanding of the broader crypto market, with a focus on
Bitcoin and altcoins, to make more strategic decisions.
⚠️ Important Notes
Trend-Following Indicator: The Regime Filter is a trend-following tool, meaning it works best in strong trending markets. It may not perform well in choppy, sideways markets.
Risk Management: This indicator is designed to assist in identifying market trends, but it does not guarantee profits. Always apply sound risk management strategies and use additional indicators when making trading decisions.
Not a Profit Guarantee: While this indicator can help identify potential market trends, no trading tool or strategy guarantees profits. Please trade responsibly and ensure that your decisions are based on comprehensive analysis and risk tolerance.
3EMA_CloseThis script places three closing-price EMAs on the chart with defaults of 8, 34, and 144 periods.
Three Simple Moving AveragesThis script provides three common Simple Moving Averages (SMAs) in a single indicator.
UM Futures Dashboard with Moving Average DirectionUM Futures Dashboard with Moving Average Direction
Description :
This futures dashboard gives you quick glance of all “major” futures prices and percentage changes. The text color and trends are based on your configured moving average type and length. The dashboard will display LONG in green text when the configure MA is trending higher and SHORT in red when the configured MA is trending lower. The dashboard also includes the VIX futures roll yield and VIX futures status of Contango or Backwardation.
I have included the indicator twice on the sample chart to illustrate different table settings. I also included an 8 period WMA overlay on the price chart since this is the default of the dashboard. (The Moving Average color change is another one of my indicators titled “UM EMA SMA WMA HMA with Directional Color Change”)
Defaults and Configuration :
The default MA type is the Weighted Moving Average, (WMA) with a daily setting of 8. Choices include WMA, SMA, and EMA. The table location defaults to the upper right corner in landscape mode. It can also be set to “flip” to portrait mode. I have added the table to the chart twice to illustrate the table orientations.
Table location, orientation, timeframe, moving average type and length are user-configurable. The configured dashboard timeframe is independent of the chart timeframe. Percentage changes and Moving Averages are based on the configured dashboard timeframe.
Alerts :
Alerts can be configured on the directional change of the dashboard moving average. For example, if the daily 8 period weighted moving average begins trending higher it will turn from red to green. This color change would fire a LONG alert. A color trend change of the weighted moving average from green to red would fire a SHORT alert. Alerts are disabled by default but can be set for any or all of the futures contracts included.
Suggested Uses :
If you follow or trade futures, add this dashboard indicator to your chart layout. Configure your favorite moving average. Use this to quickly see where all the major futures are trading. This saved me from thumbing through the CNBC app on my phone.
One thing I do is to “stretch” moving average to a smaller timeframe. For example, if you like the 8 period WMA on the daily, try the 192 WMA on the hourly. ( The daily 8 period WMA is roughly a 192 WMA on an hourly chart) This can smooth out some of the violent price action and give better entries/exits.
Setup a FUTURES indicator template. I do this with the dashboard and couple other of my favorite indicators.
Suggested Settings :
Daily charts: 8 WMA
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.
Multi-Dimensional Momentum NavigatorMulti-Dimensional Momentum Navigator: A Comprehensive Guide
Description
The Multi-Dimensional Momentum Navigator is a sophisticated trading indicator designed to provide traders with an advanced and holistic view of market momentum. By incorporating multiple weighted features such as price levels, volume, moving averages, RSI, volatility, and rate of change, this indicator generates precise buy and sell signals. Additionally, it includes an enhanced volume-RSI momentum system with signal strength to improve market timing and trade execution.
How It Works
The script consists of two major components:
1. Optimized Trading Indicator
This section of the script calculates a trading signal using a weighted sum of various market features. It then defines buy and sell conditions based on the relative strength of the trading signal compared to its moving average.
2. Enhanced Volume RSI Momentum with Signal Strength
This section introduces volume-based momentum analysis using volume oscillators, RSI, and ADX (Average Directional Index). It identifies bullish and bearish conditions and includes an early warning system for predictive trading signals.
Input Fields and Recommended Values
Parameter, Function, and Recommended Values
Period - Defines the lookback length for calculations - 14
Open Weight - Weight assigned to the open price - 0.9433
High Weight - Weight assigned to the high price - 0.9273
Low Weight - Weight assigned to the low price - 0.9603
Close Weight - Weight assigned to the close price - 0.0334
Volume Weight - Weight assigned to volume - 0.1838
MA 14 Weight - Weight assigned to 14-period SMA - -0.1351
MA 20 Weight - Weight assigned to 20-period SMA - -0.7313
Volatility Weight - Weight assigned to market volatility - 0.0334
BB Middle Weight - Weight assigned to Bollinger Bands Middle Line - 0.0886
RSI Weight - Weight assigned to RSI - -0.8139
EMA Weight - Weight assigned to EMA - 0.2540
ROC Weight - Weight assigned to Rate of Change - 0.5541
VO Short Length - Lookback length for short-term Volume Oscillator - 1
VO Long Length Lookback length for long-term Volume Oscillator 5
RSI Length - Lookback length for RSI calculation - 7
VO Bullish Threshold (%) - Threshold for bullish volume oscillator - 55
VO Bearish Threshold (%) - Threshold for bearish volume oscillator - 55
RSI Bullish Condition - RSI level indicating a bullish signal - 25
RSI Bearish Condition - RSI level indicating a bearish signal - 50
Early Detection Percentage - Percentage of threshold required for early detection -20
ADX Early Threshold - Minimum ADX value for early signal detection - 15
How a Trader Can Use the Indicator
Traders can leverage this indicator for:
1. Identifying Market Trends: The trading signal, calculated from multiple weighted indicators, helps determine bullish and bearish trends.
2. Confirming Trade Entries: Buy and sell conditions are plotted directly on the chart, allowing for clear trade signals.
3. Early Warnings for Market Reversals: The enhanced volume-RSI momentum provides early bullish and bearish warnings before price movements.
4. Risk Management: The combination of ADX, RSI, and Volume Oscillators ensures that trade signals are backed by strong market conditions.
Understanding the Signals on the Chart
• Green Up Arrows: Buy signals, indicating a strong upward momentum.
• Red Down Arrows: Sell signals, indicating a strong downward momentum.
• Light Green Up Arrows (UP): Confirmation of a buy signal.
• Orange Down Arrows (DOWN): Confirmation of a sell signal.
• Blue Triangle Up: Early bullish warning, indicating potential upward momentum.
• Orange Triangle Down: Early bearish warning, indicating potential downward momentum.
How to Use the Indicator for Analysis and Trading Decisions
1. Trend Confirmation: Use the trading signal in conjunction with its moving average to confirm market direction.
2. Volume Analysis: Check if the volume oscillator is above or below its threshold to validate trade entries.
3. Momentum Strength: Use RSI and ADX readings to gauge market momentum before entering trades.
4. Early Entry & Exit: React to early warning signals for proactive market entries or exits.
5. Multi-Timeframe Analysis: Combine signals from different timeframes to strengthen trade conviction.
Uniqueness and Originality
What sets this indicator apart from traditional technical indicators:
1. Multi-Factor Analysis: Unlike single-indicator approaches, this combines multiple weighted factors for a holistic signal.
2. Dynamic Weighting System: Feature weights allow for customized optimization, making the indicator adaptable to different markets.
3. Predictive Early Warning System: Unlike traditional lagging indicators, this provides early trade warnings for better execution.
4. Enhanced Signal Confirmation: Incorporates multiple independent confirmations to reduce false signals and improve reliability.
5. User-Friendly Visualization: Clearly marked buy/sell and confirmation signals make it easy to interpret and act upon.
Conclusion
The Multi-Dimensional Momentum Navigator is a powerful, data-driven indicator that enhances trading decisions by leveraging multiple market factors. It provides traders with precise buy and sell signals, early warnings, and momentum confirmations to navigate market trends effectively. Its adaptability, predictive capabilities, and advanced feature integration make it an invaluable tool for any trader seeking a robust edge in the market.
SPY Scalping Strategy (9 EMA & 21 EMA)Confluence the trade with 4hr/15m bias direction. Use Vwap as part of your entry. Above vwap (bullish) / Below ( bearish) then wait for price to pull back to 21ema on a 5m timeframe. Make sure 9ema is above 21ema for bullish trade and below for bearish trade.
