Auf geht's

Multitimeframe

Chimera [theUltimator5]In myth, the chimera is an “impossible” hybrid—lion, goat, and serpent fused into one—striking to look at and formidable in presence. The word has come to mean a beautiful, improbable union of parts that shouldn’t work together, yet do. Chimera is a dual-mode market context tool that blends a multi-input oscillator with classic ADX/DI trend strength, plus optional multi-timeframe “gap-line” tracking. Use it to visualize regime (trend vs. range), momentum swings around an adaptive midline, and higher timeframe (HTF) reference levels that auto-terminate on touch/cross. Modes 1) Oscillator view A smoothed composite of five common inputs—RSI, MACD (oscillator), Bollinger position, Stochastic, and an ATR/DI-weighted bias. Each is normalized to a comparable 0–100 style scale, averaged, and plotted as a candle-style oscillator (short vs. long smoothing, wickless for clarity). A dynamic midline with standard-deviation bands frames neutral → bearish/bullish zones. Colors ramp from neutral to your chosen Oversold/Overbought endpoints; consolidation can override to white. Here is a description of the (5) signals used to calculate the sentiment oscillator: RSI (14): Measures recent momentum by comparing average gains vs. losses. High = strength after advances; low = weakness after declines. (Z-score normalized to 0–100.) MACD oscillator (12/26/9): Uses the difference between MACD and its signal (histogram) to gauge momentum shifts. Positive = bullish tilt; negative = bearish. (Z-score normalized.) Bollinger Bands position (20, 2): Locates price within the bands (0–100 from lower → upper). Near upper suggests strength/expansion; near lower suggests weakness/contraction. (Then normalized.) Stochastic (14, 3, 3): Shows where the close sits within the recent high-low range, smoothed via %D. Higher values = closes near highs; lower = near lows. (Scaled 0–100.) ATR/DI composite (14): Volatility-weighted directional bias: (+DI − −DI) amplified by ATR as a % of price and its relative average. Positive = bullish pressure with volatility; negative = bearish. (Rank/scale normalized.) All five are normalized and averaged into one composite, then smoothed (short/long) and compared to an adaptive midline with bands. 2) ADX view Shows ADX, +DI, –DI with user-defined High Threshold. Transparency and color shift with regime. When ADX is strong, a directional “fire/ice” gradient fills the area between ADX and the high threshold, biased toward the dominant DI; when ADX is weak, a soft white fade highlights low-trend conditions. HTF gap-line tracking (optional; both modes) Detects “gap-like” reference levels after weak-trend consolidation flips into a sudden DI jump. Anchors a line at the event bar’s open and auto-terminates upon first touch/cross (tick-size tolerance). Auto-selects up to three higher timeframes suited to your chart resolution and prints non-overlapping lines with labels like 1H / 4H / 1D. Lower-priority duplicates are suppressed to reduce clutter. Confirmation / repaint notes Signals and lines finalize on bar close of the relevant timeframe. HTF elements update only on the HTF bar close. During a forming bar they may appear transiently. Line removal finalizes after the bar that produced the touch/cross closes. Visual cues & effects Oscillator candles: Open/High = long smoothing; Low/Close = short smoothing (no wicks). Adaptive bands: Midline ± StdDev Multiplier × stdev of the blended series. Consolidation tint: Optional white backdrop/candles when the consolidation condition is true (balance + low ADX). Breakout VFX (optional): With strong DI/ADX and Bollinger breaks, renders a subtle “fire” flare above upper-band thrusts or “ice” shelf below lower-band thrusts. Inputs (high-level) Visual Style: Oscillator or ADX. General (Oscillator): Lookback Period, Short/Long Smoothing, Standard Deviation Multiplier. Color (Oscillator): Oversold/Overbought colors for gradient endpoints. Plot (Oscillator): Show Candles, Show Slow MA Line, Show Individual Component (RSI/MACD/BB/Stoch/ATR). Table (Oscillator): Show Information Table & position (compact dashboard of component values + status). ADX / Gaps / VFX (both modes): ADX High Threshold, Highlight Backgrounds, Show Gap Labels, Visual Overlay Effects, and color choices for current-TF & HTF lines. HTF selection: Automatic ladder (3 tiers) based on your chart timeframe. Alerts (built-in) Buy Signal – Primary: Oscillator exits oversold. Sell Signal – Primary: Oscillator exits overbought. Gap Fill Line Created (Any TF) Gap Fill Line Terminated (Any TF) ADX Crossed ABOVE/BELOW Low Threshold ADX Crossed ABOVE/BELOW High Threshold Consolidation Started Alerts evaluate on the close of the relevant timeframe. How to read it (quick guide) Pick your lens: Oscillator for blended momentum around an adaptive midline; ADX for trend strength and DI skew. Watch extremes & mean re-entries (Oscillator): Approaches to the top/bottom band show persistent momentum; returns toward the midline show normalization. Check regime (ADX): Below Low = low-trend; above High = strong trend, with “fire/ice” bias toward +DI/–DI. Track gap lines: Fresh labels mark new reference levels; lines auto-remove on first interaction. HTF lines add context but finalize only on HTF close. The uniqueness from this indicator comes from multiple areas: 1. A unique multi-timeframe algorithm detects gap fill zones and plots them on the chart. 2. Visual effects for both visual modes were hand crafted to provide a visually stunning and intuitive interface. 3. The algorithm to determine sentiment uses a unique blend of weight and sensitivity adjustment to create a plot with elastic upper and lower bounds based off historical volatility and price action.
Pine Script® Indikator
von TheUltimator5
30
BTCUSD Dual Thrust (1H)BTCUSD Dual Thrust (1H) — Indicator Overview The Dual Thrust is a classic breakout-type strategy designed to capture strong directional moves when markets show imbalance between buyers and sellers. This indicator adapts the method specifically for BTCUSD on the 1-Hour timeframe, showing dynamic Buy/Sell trigger levels and live signals. Origin The Dual Thrust system was originally introduced by Michael Vitucci and has been widely used in futures and high-volatility markets. It was designed as a day-trading breakout framework, where daily high/low and close data define the range for the next session’s trade triggers. How it Works Each new day, the indicator calculates a “breakout range” using daily price data. Two trigger levels are projected from the daily open: Buy Trigger: Open + Range × KUp Sell Trigger: Open - Range × KDn Range can be built from either: Classic Dual Thrust formula: max(High - Close , Close - Low) over a lookback period, or ATR-based range: for volatility-adaptive signals. A LONG signal fires when price crosses above the Buy Trigger. An EXIT signal fires when price crosses below the Sell Trigger. Buy/Sell lines step forward across each intraday bar until recalculated at the next daily open. Practical Use Optimized for BTCUSD 1-Hour charts (crypto’s volatility provides stronger follow-through). Use the Buy/Sell levels as dynamic breakout lines or as confluence with your own setups. Alerts are built in, so you can receive notifications when a LONG or EXIT condition triggers. Designed as an indicator only (not a backtest strategy). Key Features ✅ Daily Buy/Sell trigger lines auto-calculated and forward-filled ✅ LONG / EXIT labels on signals ✅ Optional ATR mode for volatility regimes ✅ Optional bar coloring for easy visual scanning ✅ Alerts ready for live monitoring ⚡️ Tip: While this indicator highlights breakout opportunities, effectiveness can improve when combined with trend filters (e.g., 200-SMA) or when aligned with higher timeframe supply/demand zones.
Pine Script® Indikator
von Loganscottfx
Multi-Strategy Trading Screener SummaryI only combined famous scripts, all thanks to wonderful scripts and community out there . ThankYou ! ------ Core Architecture Multi-Symbol Analysis: Tracks up to 5 configurable tickers simultaneously Multi-Timeframe Support: Each symbol can use different timeframes Real-Time Dashboard: Color-coded table displaying all signals and analysis Trend Validation: All signals include trend alignment confirmation Integrated Trading Strategies 1. Breaker Blocks (Order Blocks) Detects institutional order blocks using swing analysis Tracks when blocks are broken and become "breaker blocks" Monitors retests of broken levels Shows trend alignment (✓ aligned, ⚠️ misaligned) 2. Chandelier Exit ATR-based trend-following exit system Provides BUY/SELL signals based on dynamic stop levels Uses configurable ATR multiplier and lookback period 3. Smart Money Breakout Channel breakout detection with volatility normalization Identifies accumulation/distribution phases Generates persistent BUY/SELL signals on breakouts 4. Trendline Breakout Dynamic trendline detection using pivot highs/lows Calculates trendline slopes and breakout points Provides BUY signals on upward breaks, SELL on downward breaks Dashboard Columns Explained Symbol: Ticker being analyzed Trend: Overall SuperTrend direction (🟢 UP / 🔴 DOWN / ⚪ FLAT) Timeframe: Analysis timeframe with clock icon Breaker Block: Type (Bullish/Bearish) with trend alignment indicator Status: Price position relative to breaker block (Inside/Approaching/Far) Retests: Number of times the broken level was retested (indicates level strength) Volume: Volume associated with the order block formation Chandelier: BUY/SELL signals from Chandelier Exit strategy Smart Money: BUY/SELL signals from breakout detection Trendline: BUY/SELL signals from trendline breakouts Key Features No HOLD States: All signals show definitive BUY (🟢) or SELL (🔴) only Persistent Signals: Signals remain active until opposite conditions trigger Color Coding: Visual distinction between bullish (green) and bearish (red) signals Trend Alignment: Enhanced accuracy through trend confirmation logic This screener provides a comprehensive view of market conditions across multiple strategies, helping identify high-probability trading opportunities when signals align.
Pine Script® Indikator
von umaidfaisal1994
2
Weekly Session DividerThis indicator plots vertical divider lines at the start of each new weekly trading session (Sunday 8 PM ET / Monday 00:00 UTC in crypto). It helps traders quickly spot the opening point of every weekly candle when viewing intraday charts. Features: Automatically detects the start of a new week using TradingView’s weekly time stamps. Customizable line color, width, and style (solid, dashed, dotted). Only displays on intraday timeframes to keep higher-timeframe charts clean. Extends divider lines above and below the current chart for easy visibility. Use case: Great for crypto and futures traders who want to align intraday trading setups with higher-timeframe weekly opens, track session-to-session structure, or mark where the market’s new weekly trend may begin.
Pine Script® Indikator
von nsm4
TRI - Multi-Timeframe BIASTRI - MULTI-TIMEFRAME BIAS INDICATOR DESCRIPTION: Advanced multi-timeframe bias indicator that analyzes market sentiment across 5 different timeframes (15m, 1h, 4h, 1d, 1w) using adaptive technical analysis. Provides clear directional bias signals to help determine market momentum. KEY FEATURES: ADAPTIVE PARAMETERS: Uses different EMA lengths and weights for each timeframe EMA TREND ANALYSIS: Fast/slow EMA crossovers with slope analysis for momentum RSI MOMENTUM: Adaptive overbought/oversold levels based on timeframe ADX STRENGTH: Directional movement confirmation with DI+/DI- analysis COMPOSITE SCORING: Weighted combination of trend, momentum, and strength TIMEFRAME ANALYSIS: 15m: EMA9/21 + High momentum weight (45%) - Ultra-responsive for scalping 1h: EMA21/50 + Medium momentum weight (35%) - Balanced for day trading 4h: EMA50/200 + Lower momentum weight (25%) - Swing trading focus 1d: EMA50/200 + Trend focused (55%) - Position trading signals 1w: EMA50/200 + Maximum trend weight (60%) - Long-term bias BIAS SIGNALS: STRONG BULLISH/BEARISH: Score ≥ 0.5 - Very strong directional momentum BULLISH/BEARISH: Score ≥ 0.25 - Clear directional signals WEAK BULLISH/BEARISH: Score ≥ 0.1 - Mild directional bias NEUTRAL: Score < 0.1 - No clear directional preference ALERTS: Major Bullish/Bearish: When 4H and 1D timeframes align High confidence signals for strategic decision making USAGE: Higher timeframes (1d, 1w) show primary market direction Lower timeframes (15m, 1h) provide entry timing Look for alignment across multiple timeframes for stronger signals Use confidence levels to assess signal reliability TECHNICAL COMPONENTS: Exponential Moving Averages (EMA) for responsive trend detection Relative Strength Index (RSI) for momentum analysis Average Directional Index (ADX) with DI+/DI- for trend strength Volume ratio confirmation for signal validation Adaptive thresholds optimized for each timeframe's characteristics
Pine Script® Indikator
von riccardo_tempesta
Hodie Smart PD/PW/PM LevelsHodie Smart PD/PW/PM Levels is a professional tool for tracking previous daily, weekly, and monthly highs and lows (PDH/PDL, PWH/PWL, PMH/PML). It automatically plots levels on the chart and provides unique one-time alerts per period — no more repeated or false signals. 🔧 Features & Settings 1. Levels: Daily (PDH/PDL) Weekly (PWH/PWL) Monthly (PMH/PML) 2. Customization: Show/hide each level type Adjustable line thickness and colors Labels with customizable text and background colors 3. Line Building: Levels are drawn from the previous period’s high/low and extend until the end of the current period. 🚨 Alert System – Main Advantage The key strength of this indicator is the smart alert logic: Each level alert is triggered only once per period (day, week, or month) No need to recreate alerts every session — the script automatically resets them with each new period Daily levels use precise "first touch" detection, while weekly/monthly levels fire only once until the next period ✅ This means you can set an alert once and be confident it won’t spam or miss critical touches. 📖 Quick Instruction 1. Add the indicator to your chart 2. In the alerts panel, choose: Condition: PDH Touch, PDL Touch, PWH Touch, PWL Touch, PMH Touch, or PML Touch Options: Once per bar (recommended) Timeframe: any (1-minute interval works best) 3. Alerts will automatically respect the logic: Daily levels – 1 alert per day Weekly levels – 1 alert per week Monthly levels – 1 alert per month 🎯 Why Use This Indicator? Saves time: set alerts once, no need to update them daily Eliminates duplicate signals Clear visualization of key market levels Works across all markets and timeframes ⚡ Perfect for traders using liquidity concepts, breakout strategies, and Smart Money methods.
Pine Script® Indikator
von Hodie_Trading_Academy
2
Key Levels: Daily, Weekly, Monthly [BackQuant]Key Levels: Daily, Weekly, Monthly Map the market’s “memory” in one glance—yesterday’s range, this week’s chosen day high/low, and D/W/M opens—then auto-clean levels once they break. What it does This tool plots three families of high-signal reference lines and keeps them tidy as price evolves: Chosen Day High/Low (per week) — Pick a weekday (e.g., Monday). For each past week, the script records that day’s session high and low and projects them forward for a configurable number of bars. These act like “memory levels” that price often revisits. Daily / Weekly / Monthly Opens — Plots the opening price of each new day, week, and month with separate styling. These opens frequently behave like magnets/flip lines intraday and anchors for regime on higher timeframes. Auto-pruning — When price breaks a stored level, the script can automatically remove it to reduce clutter and refocus you on still-active lines. See: (broken levels removed). Why these levels matter Liquidity pockets — Prior day’s high/low and the daily open concentrate stops and pending orders. Mapping them quickly reveals likely sweep or fade zones. Example: previous day highs + daily open highlighting liquidity: Context & regime — Monthly opens frame macro bias; trading above a rising cluster of monthly opens vs. below gives a clean top-down read. Example: monthly-only “macro outlook” view: Cleaner charts — Auto-remove broken lines so you focus on what still matters right now. What it plots (at a glance) Past Chosen Day High/Low for up to N prior weeks (your choice), extended right. Current Daily Open , Weekly Open , and Monthly Open , each with its own color, label, and forward extension. Optional short labels (e.g., “Mon High”) or full labels (with week/month info). How breaks are detected & cleaned You control both the evidence and the timing of a “break”: Break uses — Choose Close (more conservative) or Wick (more sensitive). Inclusive? — If enabled, equality counts (≥ high or ≤ low). If disabled, you need a strict cross. Allow intraday breaks? — If on, a level can break during the tracked day; if off, the script only counts breaks after the session completes. Remove Broken Levels — When a break is confirmed, the line/label is deleted automatically. (See the demo: ) Quick start Pick a Day of Week to Track (e.g., Monday). Set how many weeks back to show (e.g., 8–10). Choose how far to extend each family (bars to the right for chosen-day H/L and D/W/M opens). Decide if a break uses Close or Wick , and whether equality counts. Toggle Remove Broken Levels to keep the chart clean automatically. Tips by use-case Intraday bias — Watch the Daily Open as a magnet/flip. If price gaps above and holds, pullbacks to the daily open often decide direction. Pair with last day’s high/low for sweep→reversal or true breakout cues. See: Weekly structure — Track the week’s chosen day (e.g., Monday) high/low across prior weeks. If price stalls near a cluster of old “Monday Highs,” look for sweep/reject patterns or continuation on reclaim. Macro regime — Hide daily/weekly lines and keep only Monthly Opens to read bigger cycles at a glance (BTC/crypto especially). Example: Customization Use wicks or bodies for highs/lows (wicks capture extremes; bodies are stricter). Line style & thickness — solid/dashed/dotted, width 1–5, plus global transparency. Labels — Abbreviated (“Mon High”, “D Open”) or full (month/week/day info). Color scheme — Separate colors for highs, lows, and each of D/W/M opens. Capacity controls — Set how many daily/weekly/monthly opens and how many weeks of chosen-day H/L to keep visible. What’s under the hood On your selected weekday, the script records that session’s true high and true low (using wicks or body-based extremes—your choice), then projects a horizontal line forward for the next bars. At each new day/week/month , it records the opening price and projects that line forward as well. Each bar, the script checks your “break” rules; once broken, lines/labels are removed if auto-cleaning is on. Everything updates in real time; past levels don’t repaint after the session finishes. Recommended presets Day trading — Weeks back: 6–10; extend D/W opens: 50–100 bars; Break uses: Close ; Inclusive: off; Auto-remove: on. Swing — Fewer daily opens, more weekly opens (2–6), and 8–12 weeks of chosen-day H/L. Macro — Show only Monthly Opens (1–6 months), dashed style, thicker lines for clarity. Reading the examples Broken lines disappear — decluttering in action: Macro outlook — monthly opens as cycle rails: Liquidity map — previous day highs + daily open: Final note These are not “signals”—they’re reference points that many participants watch. By standardising how you draw them and automatically clearing the ones that no longer matter, you turn a noisy chart into a focused map: where liquidity likely sits, where price memory lives, and which lines are still in play.
Pine Script® Indikator
von BackQuant
6
אינדיקטור סווינגים + סשנים + אופציה ליום קודםתיאור האינדיקטור עברית: אינדיקטור רמות מאוחדות - סשנים, סוויינגים ויום קודם האינדיקטור מזהה ומאחד רמות תמיכה והתנגדות מכמה מקורות: Killzones של סשנים: אסיה (20:00-00:00), לונדון (02:00-05:00), ניו-יורק בוקר (08:30-11:00) וערב (13:30-16:00) סוויינגים: פיבוטים של 1 שעה ו-4 שעות רמות יום קודם: PDH/PDL במצבים שונים (Futures, RTH, או יום מלא) תכונות מיוחדות: איחוד אוטומטי של רמות זהות (למשל "1H-HIGH + ASIAN-HIGH") מחיקה אוטומטית 5 בארים אחרי נגיעה בקרה מלאה על תצוגת כל סוג רמות תוויות מרכזיות וימניות עם אפשרות כיבוי/הדלקה נפרדת תוויות ימניות לבנות הנוסעות עם הקו English: Unified Levels Indicator - Sessions, Swings & Previous Day This indicator identifies and unifies support/resistance levels from multiple sources: Session Killzones: Asia (20:00-00:00), London (02:00-05:00), NY AM (08:30-11:00) and PM (13:30-16:00) Swing Levels: 1-hour and 4-hour pivot highs/lows Previous Day Levels: PDH/PDL in various modes (Futures, RTH, or full day) Key Features: Automatic merging of overlapping levels (e.g., "1H-HIGH + ASIAN-HIGH") Auto-deletion 5 bars after touch Full control over each level type display Central and right-side labels with separate on/off controls Clean white right-side labels that travel with the line Customizable tolerance for level merging and touch detection Perfect for traders who want a clean, unified view of all major support/resistance levels without clutter.
Pine Script® Indikator
von shimi274
Blitz Model The Blitz indicator is a comprehensive market structure analysis tool designed specifically for the 4-hour timeframe. It identifies and visualizes key market movements including sweeps, fair value gaps (FVGs), and session-based liquidity levels. 1) Key Features : A) Market Structure Analysis : i) Sweep Detection: Identifies bullish and bearish sweeps of previous highs/lows. ii) Double Purge Recognition: Detects when both bullish and bearish sweeps occur on the same candle. iii) Fair Value Gap (FVG) Visualization: Displays imbalance zones with customizable box colors. iV) Session-Based Analysis: Tracks Asian and London session highs/lows. B) Multi-Timeframe Confirmations : i) Layer 2 Validation System: Incorporates H1 and M15 timeframe confirmations. ii) H1 Sweep Confirmations: Validates 4H signals with hourly sweep patterns. iii) M15 Analysis: Includes both sweep and FVG confirmations from 15-minute timeframe. C) Key Level Integration : i) Daily 0.5 Level: Plots the midpoint of previous day's range with customizable styling. ii) Session Liquidity: Identifies sweeps of Asian and London session extremes. ii) FVG Interaction: Detects when sweeps occur near fair value gaps. D) Customization Options : i) Label Styling: Full control over label size, style, and colors for all signal types. ii) Double Purge Customization: Separate styling options for double purge signals. iii) Line Customization: Adjustable daily 0.5 line appearance (style, color, width). iv) Display Controls: Toggle visibility for FVGs, labels, and confirmation history. 2) Technical Specifications A) Timeframe Requirements : i) Primary Timeframe: 4H only (indicator will show error on other timeframes). ii) Multi-Timeframe Data: Analyzes H1 and M15 for confirmations. iii) Session Times: Configurable start/end times. B) Signal Validation Criteria : Sweeps are validated when they occur at one or more of the following conditions: i) FVG Zones: Price interaction with identified fair value gaps. ii) Daily Midpoint: Proximity to the 50% level of previous day's range. iii) Session Levels: Sweeps of Asian (19:00-01:00 NY) or London (02:00-05:00 NY) extremes. C) Layer 2 Confirmation System : i) H1 Confirmations (H1S): Sweep patterns on 1-hour charts within the 4H candle formation. ii) M15 Sweep (M15S): 15-minute sweep confirmations. iii) M15 FVG (M15F): 15-minute fair value gap formations. 3) Usage Guidelines : A) Setup Instructions : i) Apply to 4-hour charts only. ii) Configure session times based on your analysis preferences. iii) Customize label appearance and colors to match your chart theme. iv) Enable/disable features based on your trading style. B) Signal Interpretation : i) Green Labels: Bullish sweeps with validation criteria met. ii) Red Labels: Bearish sweeps with validation criteria met. iii) Purple Labels: Double purge scenarios (both directions swept). iv) Checkmark (✓): Indicates Layer 2 multi-timeframe confirmation present. v) For double purge interpretations : - Low & High means recent purge (just previous candle) - Low & High means medium term purge (8H prior) - Low & High means longer term purge (12H + prior) 4) Compatibility : Max Objects: Supports up to 500 boxes and labels simultaneously. 5) Support & Updates : This indicator represents educational concepts in market structure analysis. Users should thoroughly test and understand all signals before considering any practical application. Disclaimer : Always practice proper risk management. This is for educational purposes only and is not a financial advice.
Pine Script® Indikator
von AkariFX
BB TrendSyncBB TrendSync - Advanced Dual-Band Momentum Deviation System Core Innovation and Originality This indicator transforms traditional Bollinger Band analysis through three key innovations that distinguish it from standard implementations: 1. Dual-Band Percentage Oscillator Architecture: Unlike conventional Bollinger Bands that display price levels, this system converts dual Bollinger Band calculations into percentage-based oscillators. The first system uses extended lookback periods (40-period base with 65-period standard deviation) for macro trend detection, while the second employs rapid response parameters (8-period base with 66-period standard deviation) for micro momentum capture. Each system independently calculates where price sits within its band range as a percentage from 0-100. 2. Momentum Deviation Enhancement: The breakthrough innovation applies standard deviation analysis to the percentage oscillator readings themselves. Rather than analyzing price volatility, this technique measures the volatility of the oscillator's position within its range over a specified period (typically 25 periods with 0.8 multiplier). This creates dynamic "bands around the bands" that adapt to changing market momentum characteristics. 3. Multi-Modal Signal Synthesis: The system provides five distinct methods for combining dual-band signals, from simple arithmetic averaging to consensus requirements where both systems must agree. The "Average" mode specifically utilizes momentum deviation crossovers rather than basic threshold crossovers, creating refined entry timing. Mathematical Framework Percentage Conversion Formula: The core calculation transforms standard Bollinger Band readings into normalized percentages using the formula: BB_Percent = 100 * (Source - Lower_Band) / (Upper_Band - Lower_Band) Momentum Deviation Calculation: The system then calculates the standard deviation of these percentage readings: MD_StdDev = StandardDeviation(BB_Percent, MD_Length) Upper_MD_Band = BB_Percent + (MD_Multiplier * MD_StdDev) Lower_MD_Band = BB_Percent - (MD_Multiplier * MD_StdDev) Signal Generation Logic: Primary signals occur when momentum deviation bands cross predetermined thresholds, providing earlier and more reliable entry points than standard Bollinger Band touches. The system tracks band states dynamically, changing visual indicators when momentum shifts are detected. Value Proposition for Closed-Source Distribution This indicator justifies TOP ELITE access through several proprietary elements: Algorithmic Sophistication: The momentum deviation methodology represents original research into oscillator volatility analysis. While Bollinger Bands are public domain, applying volatility analysis to the percentage oscillator itself is a novel approach that required extensive backtesting and optimization. Advanced Signal Processing: The five-mode signal combination system with momentum deviation integration provides significantly more nuanced analysis than standard Bollinger Band implementations. The state tracking and visual feedback systems offer professional-grade market analysis tools. Comprehensive Analytics Engine: The integrated performance measurement system calculates advanced metrics including Sortino ratio, Calmar ratio, and Kelly Criterion position sizing guidance in real-time, providing institutional-quality analytics typically found in expensive trading platforms. Professional Visualization Framework: The dynamic color-coding system, gradient oscillator bars, and state-aware visual elements provide immediate market sentiment feedback that goes far beyond basic indicator plotting. Technical Implementation Details Dual-System Parameters: System 1 (Macro): 40-period SMA base, 65-period standard deviation calculation, 1.0 multiplier System 2 (Micro): 8-period SMA base, 66-period standard deviation calculation, 1.9 multiplier Momentum Deviation Settings: Standard deviation length: 25 periods (optimized for detecting momentum shifts) Multiplier: 0.8 (calibrated to reduce false signals while maintaining sensitivity) Threshold Configuration: Long threshold: 62% (upper momentum zone entry) Short threshold: 60% (lower momentum zone entry) Close thresholds create tight range for precision timing Signal Modes Explained: BB1 Only: Uses macro system exclusively for trend-following signals BB2 Only: Uses micro system exclusively for momentum scalping Average: Employs momentum deviation crossovers of averaged systems Both Required: Demands agreement from both systems before signaling Either One: Triggers when any system generates signals Performance Metrics Explained Core Performance Metrics: Net Profit: Total percentage return from strategy implementation, showing bottom-line effectiveness of the signal generation system. Win Rate: Percentage of profitable trades, indicating signal accuracy. Combined with profit factor analysis to ensure statistical reliability. Total Trades: Number of completed round-trip trades for statistical significance assessment. Current P&L: Real-time profit/loss percentage of active positions with continuous updates. Risk Assessment Metrics: Max Drawdown: Largest peak-to-trough equity decline, crucial for risk management and position sizing decisions. Calmar Ratio: Annualized return divided by maximum drawdown, providing risk-adjusted performance measurement. Advanced Risk Metrics: Sharpe Ratio: Excess return per unit of total volatility, industry standard for risk-adjusted performance comparison. Sortino Ratio: Similar to Sharpe but focuses on downside deviation only, providing more realistic risk assessment. Kelly Criterion (Half): Optimal position sizing calculation based on win probability and average win/loss ratios, using conservative half-Kelly approach. Real-Time Status: Position: Current market exposure (Long/Short/Cash) MD State: Momentum deviation status (Bullish/Bearish/Neutral) Practical Application Setup Recommendations: Use "Average" mode for balanced signal generation combining both timeframe perspectives Monitor momentum deviation band colors for trend confirmation Observe gradient oscillator position for market sentiment assessment Utilize performance metrics for strategy optimization and risk management Adjust thresholds based on market volatility characteristics Market Applicability: The system functions across all timeframes and instruments, with particular effectiveness in trending markets where momentum persistence provides statistical edge. The dual-band approach captures both short-term momentum shifts and longer-term trend developments. Competitive Advantages Unlike standard Bollinger Band indicators that simply plot price bands, this system provides: Quantified momentum analysis through volatility-of-volatility calculations Multi-modal signal processing for diverse market conditions Professional-grade performance analytics with institutional metrics Dynamic visual feedback systems for immediate market assessment Optimized parameter sets developed through extensive backtesting 12H SUI 1H BTC Since 2023 Risk Disclaimer This indicator is designed for educational and analytical purposes. It does not constitute financial advice or trading recommendations. Past performance does not guarantee future results. Trading involves substantial risk of loss, and you should carefully consider your financial situation before making trading decisions. The indicator's signals should be part of comprehensive analysis and never the sole basis for trading decisions. Always conduct independent research. Technical Requirements Compatible with all TradingView chart types and timeframes. Optimized for real-time analysis with efficient computational algorithms suitable for live trading environments.
Pine Script® Indikator
von GForge
ICT Daily+Weekly BiasPrevious Day & Week Levels — Daily+Weekly Bias Visualizer Plots previous-day (PDH/PDL/PDEQ) and previous-week (PWH/PWL) reference levels. Use them to frame bias and identify the Draw on Liquidty. Definitions • PDH/PDL: Prior day high/low. • PDEQ: Prior day equilibrium = (PDH + PDL) / 2. • PWH/PWL: Prior week high/low. Features • PDH/PDL lines with optional labels at left or right edge. • PDEQ line (0.5 of PD Range) with optional label. • PWH/PWL lines with optional labels. • Custom colors, styles, and width controls. • Optional Price Labels • Timeframe visibility limit. • Lines extend and stop on mitigation (when breached). *Also included in ICT ULT (All In One) Indicator *Feel free to suggest improvement in the comments
Pine Script® Indikator
von mats42
1
ICT NDOG/NWOGICT NDOG / NWOG — Opening Gap Visualizer Plots daily (NDOG) and weekly (NWOG) opening gaps. An opening gap is the price range between the previous close and the new session’s open. Features: • Optional border lines at gap high/low. • Optional Consequent Encroachment line (50%). • Optional Quadrant lines (25% and 75%). • Color customization • Custom NDOG and NWOG amount (separated) *Also included in ICT ULT (All In One) Indicator *Feel free to suggest improvement in the comments
Pine Script® Indikator
von mats42
1
Table Logic ExtractorTable Logic Extractor v2.0 Advanced multi-timeframe analysis with intelligent trade recommendations! Overview: This sophisticated indicator provides comprehensive market analysis through multiple technical indicators and timeframes. It combines EMA analysis, RSI momentum, MACD signals, Bollinger Bands, volume analysis, divergence detection, and intelligent trade recommendations with support/resistance distance calculations and trading style detection. Key Features: ✅ Multi-Indicator Analysis - EMA, RSI, MACD, Bollinger Bands, Volume, ATR ✅ Multi-Timeframe Analysis - M1, M5, M15, M30 trend comparison ✅ Divergence Detection - Bullish and bearish divergence with strength calculation ✅ Support/Resistance Analysis - Distance calculations with Fibonacci levels ✅ Trading Style Detection - Trend, Range, Breakout, Scalping identification ✅ Intelligent Trade Signals - Style-based trade recommendations with confidence levels ✅ Risk Management - Stop Loss and Take Profit calculations ✅ Comprehensive Table - Real-time analysis with 14 different metrics How It Works: The indicator uses advanced analysis: • Multi-Timeframe - M1, M5, M15, M30 trend analysis • Style Detection - Automatic trading style identification • S/R Analysis - Fibonacci-based support/resistance levels • Weighted Scoring - EMA (2.0), RSI (1.5), MACD (1.5), BB (1.0), Volume (1.0) • Intelligent Signals - Style-based trade recommendations Trading Style Detection: • TREND TRADING - Strong trend + aligned timeframes (Green) • RANGE TRADING - Low volatility + sideways movement (Yellow) • BREAKOUT TRADING - High volume + near levels (Orange) • SCALPING - High volatility + quick moves (Red) Information Table (14 Metrics): Real-time display showing: • ATR volatility with signal (HIGH/MED/LOW/NORMAL VOL) • Divergence status with strength percentage • S/R Distance with Fibonacci levels • Stop Loss (2.0:1 ratio) and Take Profit 1 (1.5:1 ratio) • Multi-Timeframe analysis (M1, M5, M15, M30) • Scalping signals with confidence levels • Current trend with strength percentage • Intelligent trade recommendations Trade Recommendations: • TREND BUY/SELL - All timeframes aligned (High confidence) • SHORT-TERM BUY/SELL - M5 signal only (Medium confidence) • SCALPING BUY/SELL - M5 vs higher timeframes (Low confidence) • WAIT - No clear signal (No confidence) Support/Resistance Analysis: • Fibonacci Levels: 23.6%, 38.2%, 50% retracements • Distance Categories: Very Near (Red), Near (Orange), Medium (Yellow), Far (Green) • ATR-based distance measurement • Real-time proximity alerts Scalping Detection: Specialized signals based on: • High volatility (ATR ratio > 1.5) • Quick price moves (fast momentum) • Volume confirmation (high volume spikes) • RSI extremes (oversold/overbought) Settings: • EMA - Fast (9), Slow (21), Trend (50) • RSI - Length (14), Overbought (70), Oversold (30) • MACD - Fast (12), Slow (26), Signal (9) • Bollinger Bands - Length (20), Multiplier (2.0) • ATR - Length (14) for volatility measurement • Volume Threshold - 1.5x average volume • Divergence - Lookback (3), Threshold (0.5) Best Practices: 🎯 Adapt strategy to detected trading style 📊 Use multi-timeframe analysis for confirmation ⚡ Monitor S/R distances for entry timing 🛡️ Always use calculated Stop Loss levels 🔍 Watch for divergence signals 📈 Follow intelligent trade recommendations Pro Tips: • Table provides all essential information in one place • Trading style detection helps adapt your strategy • S/R distance shows proximity to key levels • Confidence levels indicate signal reliability • Multi-timeframe alignment increases success rate • Scalping signals work best in high volatility Alerts: • Trend Change Alert - "Trend changed across timeframes" • Divergence Alert - "Divergence detected" • Scalping Alert - "Scalping opportunity" • Trade Signal Alert - "Trade recommendation available" Version 2.0 Improvements: • Advanced multi-timeframe analysis (M1, M5, M15, M30) • Intelligent trading style detection • Comprehensive support/resistance analysis • Professional trade recommendations with confidence levels • Scalping detection with specialized signals • Risk management with calculated SL/TP levels • 14-metric comprehensive information table Created with ❤️ for the trading community This indicator is free to use for both commercial and non-commercial purposes.
Pine Script® Indikator
von panzmoravy
Complexity v3.2Complex Trend Analyzer v6.1 v3.2 Advanced multi-indicator trend analysis with dynamic timeframe adaptation! Overview: This sophisticated indicator combines multiple technical analysis tools for comprehensive trend analysis. It features EMA crossovers, RSI momentum, MACD signals, Bollinger Bands, volume analysis, divergence detection, and multi-timeframe analysis with dynamic parameter adaptation based on market volatility. Key Features: ✅ Multi-Indicator Analysis - EMA, RSI, MACD, Bollinger Bands, Volume, ATR ✅ Divergence Detection - Bullish and bearish divergence with strength calculation ✅ Dynamic Timeframe Adaptation - Parameters adjust automatically based on timeframe ✅ Trend Tracking - Complete trend lifecycle with BUY/SELL/END signals ✅ Multi-Timeframe Analysis - M5, M15, M30 trend comparison ✅ Risk Management - Volatility filtering and warning system ✅ Visual Clarity - Clean labels, trend lines, and information table How It Works: The indicator uses a weighted scoring system: • EMA (2.0) - Primary trend direction • RSI (1.5) - Momentum confirmation • MACD (1.5) - Trend momentum • Bollinger Bands (1.0) - Volatility context • Volume (1.0) - Volume confirmation • Price Action (0.5 each) - Higher highs/lows Signal Logic: • BUY - Weighted score > threshold + filters passed • SELL - Weighted score > threshold + filters passed • END - Trend reversal conditions met Visual Elements: • 🟢 BUY - Green label with trend tracking • 🔴 SELL - Red label with trend tracking • ⚫ END - Gray label marking trend end • × BUY - Green crosses for bullish divergence • × SELL - Red crosses for bearish divergence • ⚠️ - Warning signals for trend reversals Information Table: Real-time display showing: • ATR volatility with signal (HIGH/MED/LOW/NORMAL VOL) • Divergence status with strength percentage • BUY/SELL signal count and overall signal • Multi-Timeframe analysis (M5, M15, M30) • Current trend with strength percentage • Detailed trend strength analysis Dynamic Adaptation: Parameters automatically adjust based on timeframe: • M1 - Fastest reaction (1.5-7.5 bars) • M3 - Quick response (2-10 bars) • M5 - Standard setting (3-15 bars) • M15 - Slower, more reliable (4-20 bars) Settings: • EMA - Fast (9), Slow (21), Trend (50) • RSI - Length (14), Overbought (70), Oversold (30) • MACD - Fast (12), Slow (26), Signal (9) • Bollinger Bands - Length (20), Multiplier (2.0) • ATR - Length (14) for volatility measurement • Volume Threshold - 1.5x average volume Best Practices: 🎯 Works best in trending markets 📊 Use as overlay on main chart ⚡ Combine with price action analysis 🛡️ Always use proper risk management 🔍 Watch for divergence signals ⚠️ Pay attention to warning signals Pro Tips: • Green background = Strong uptrend, Red background = Strong downtrend • Orange background = Risk zone (high volatility/RSI extremes) • × marks indicate divergence opportunities • ⚠️ warnings signal potential trend reversals • Use multi-timeframe analysis for confirmation • Monitor the information table for comprehensive market view Alerts: • BUY Alert - "BUY signal detected" • SELL Alert - "SELL signal detected" • Divergence Alert - "Divergence detected" • Warning Alert - "Trend warning" Version 3.2 Improvements: • Enhanced multi-indicator analysis • Improved divergence detection with strength calculation • Advanced dynamic timeframe adaptation • Comprehensive risk management system • Professional visual presentation • Weighted scoring system for better accuracy Created with ❤️ for the trading community This indicator is free to use for both commercial and non-commercial purposes.
Pine Script® Indikator
von panzmoravy
Trend Analyzer v0.6Trend Analyzer EMA Only v0.6 Simple yet powerful EMA trend analysis with multi-timeframe support! Overview: This comprehensive indicator focuses on EMA-based trend analysis with clean visual presentation. It provides clear BUY/SELL signals, trend tracking with unique IDs, peak detection, and multi-timeframe analysis across M15, M30, and H1 timeframes. Key Features: ✅ EMA Trend Analysis - Fast and Slow EMA crossover signals ✅ Trend Tracking - Unique trend IDs with start/end markers ✅ Peak Detection - Automatic peak identification during trends ✅ Multi-Timeframe - Analysis across M15, M30, and H1 timeframes ✅ Visual Clarity - Dotted lines connecting labels to candles ✅ Statistics - BUY/SELL count and average trend length How It Works: The indicator calculates signal strength using weighted analysis: • MACD (50%) - Primary trend momentum • RSI (30%) - Overbought/oversold conditions • Volume (20%) - Volume confirmation Signal Logic: • BUY - Fast EMA crosses above Slow EMA + both slopes positive • SELL - Fast EMA crosses below Slow EMA + both slopes negative • NEUTRAL - EMAs too close (below threshold) Visual Elements: • 🟢 BUY - Green label with trend ID • 🔴 SELL - Red label with trend ID • ⚪ NEUTRAL - Gray label with trend ID • 🟡 PEAK - Yellow label marking trend extremes • ⚫ END - Gray label marking trend end Information Table: Real-time display showing: • Current Timeframe trend state • Multi-Timeframe analysis (M15, M30, H1) • PEAK Labels status • Offset Type configuration • Trend Strength percentage • Statistics (BUY/SELL count, average trend length) Settings: • Fast EMA Length - 9 (default) • Slow EMA Length - 21 (default) • Min Trend Bars - 3 (filters short trends) • Label Offset Type - ATR, % of price, or Dynamic • Show PEAK Labels - On/Off toggle Best Practices: 🎯 Works best in trending markets 📊 Use as overlay on main chart ⚡ Combine with price action analysis 🛡️ Always use proper risk management Pro Tips: • Green background = Strong uptrend, Red background = Strong downtrend • Watch for trend change arrows for early reversal signals • Use the information table for quick market assessment • Monitor trend statistics for market behavior insights Alerts: • BUY Alert - "BUY signal detected" • SELL Alert - "SELL signal detected" Version 0.6 Improvements: • Optimized performance • Enhanced visual clarity • Improved multi-timeframe analysis • Refined trend detection algorithms Created with ❤️ for the trading community This indicator is free to use for both commercial and non-commercial purposes.
Pine Script® Indikator
von panzmoravy
Market Dynamics Engine (Revention)// | An All-in-One Market Analysis Suite | // | | // | This script provides a holistic view of the market by unifying a | // | dynamic trend engine, an advanced market structure analysis module,| // | and a multi-oscillator confluence system for identifying | // | potential exhaustion points. | // | | // | This professional-grade tool features an adaptive trend ribbon, | // | predictive liquidity targets, and high-probability POI confluence | // | markers for a complete analytical experience.
Pine Script® Indikator
von Revention
6
EMA 200 MultiTF G/R + Cross Alerts by LifeHack Trader1. Indicator Setup The script starts by defining the version of Pine Script (v5) and creating an indicator called "EMA 200 MultiTF G/R + Cross Alerts by LifeHack Trader." The overlay=true parameter ensures that the indicator is plotted directly on the price chart. 2. Function to Get EMA200 A custom function getEma200 is defined to retrieve the 200-period Exponential Moving Average (EMA) for a specified timeframe (tf). This function uses the request.security function to fetch the close price's EMA from different timeframes. 3. Calculate EMA200 for Multiple Timeframes The script calculates the EMA200 for four timeframes: 15 minutes ("15"), 1 hour ("60"), 4 hours ("240"), and 1 day ("D"). These values are stored in variables (ema15, ema1h, ema4h, ema1d) and represent the EMA for each timeframe. 4. Determine Price Above or Below EMA200 (G/R) For each timeframe, the script checks whether the closing price is above or below the EMA200. It uses boolean checks to determine if the price is above the EMA200, assigning the status "G" (Green) for above and "R" (Red) for below. 5. Cross Signal Detection (Up/Down) The script detects crossovers and crossunders between the price and EMA200 for each timeframe. A crossover signal is detected when the price crosses above the EMA200 (bullish), and a crossunder signal is detected when the price crosses below the EMA200 (bearish). These signals are stored in separate variables (crossUp, crossDown). 6. Display a Table with G/R Status and Cross Alerts A table is created and displayed in the top-right corner of the chart. The table shows the status (G or R) for each timeframe and the cross signal (▲ for crossover, ▼ for crossunder, or - for no cross event). The table is updated with the respective values for each timeframe every time a new bar is formed. 7. Alert Conditions The script defines alert conditions based on the crossovers and crossunders. When a price crosses above the EMA200 (cross-up), an alert is triggered for a potential buy opportunity. When the price crosses below the EMA200 (cross-down), an alert is triggered for a potential sell opportunity. Alerts are configured for each timeframe (15 minutes, 1 hour, 4 hours, and 1 day). This script provides a comprehensive system for monitoring price action relative to the EMA200 on multiple timeframes, highlighting crossovers, and delivering visual feedback and alerts based on the price's relationship with the EMA.
Pine Script® Indikator
von seono1
cd_Quarterly_cycles_SSMT_TPD_CxGeneral This indicator is designed in line with the Quarterly Theory to display each cycle on the chart, either boxed and/or in candlestick form. Additionally, it performs inter-cycle divergence analysis ( SSMT ) with the correlated symbol, Terminus Price Divergence ( TPD ), Precision Swing Point ( PSP ) analysis, and potential Power of Three ( PO3 ) analysis. Special thanks to @HandlesHandled for his great indicator, which I used while preparing the cycles content. Details & Usage: Optional cycles available: Weekly, Daily, 90m, and Micro cycles. Displaying/removing cycles can be controlled from the menu (cycles / candles / labels). All selected cycles can be shown, or you can limit the number of displayed cycles (min: 2, max: 4). The summary table can be toggled on/off and repositioned. What’s in the summary table? • Below the header, the correlated symbol used in the analysis is displayed (e.g., SSMT → US500). • If available, live and previous bar results of the SSMT analysis are shown. • Under the PSP & TPD section, results are displayed when conditions are met. • Under Alerts, the real-time status of conditions defined in the menu is shown. • Under Potential AMD, possible PO3 analysis results are displayed. Analysis & Symbol Selection: To run analyses, a correlated symbol must first be defined with the main symbol. Default pairs are preloaded (see below), but users should adjust them according to their exchange and instruments. If no correlated pair is defined, cycles are displayed only as boxes/candles. Once defined pairs are opened on the chart, analyses load automatically. Pairs listed on the same row in the menu are automatically linked, so no need to re-enter them across rows. SSMT Analysis: Based on the chart’s timeframe, divergences are searched across Weekly, Daily, 90m, and Micro cycles. The code will not produce results for smaller cycles than the current timeframe. (Example: On H1, Micro cycles will not be displayed.) Results are obtained by comparing the highs and lows of consecutive cycles in the same period. If one pair makes a new high/low while the other does not, this divergence is added to SSMT results. The difference from classic SMT is that cycles are used instead of bars. PSP & TPD Analysis: A correlated symbol must be defined. For PSP, timeframe options are added to the menu. Users toggle timeframes on/off by checking/unchecking boxes. In selected timeframes, PSP & TPD analysis is performed. • PSP: If candlesticks differ in color (bullish/bearish) between symbols and the bar is at a high/low of the timeframe (and higher/lower than the bars before/after it), it is identified as a PSP. Divergences between pairs are interpreted as potential reversal signals. • TPD: Once a PSP occurs, the closing price of the previous bar and the opening price of the next bar are compared. If one symbol shows continuation while the other does not, it is marked as a divergence. Example: Let’s assume Pair 1 and Pair 2 are selected in the menu with the H4 timeframe, and our cycle is Weekly (Box). For Pair 1, the H4 candle at the Weekly high level: • Is positioned at the Weekly high, • Its high is above both the previous and the next candle, • It closed bearish (open > close). For Pair 2, the same H4 candle closed bullish (close > open). → PSP conditions are met. For TPD, we now check the candles before and after this PSP (H4) candle on both pairs. Comparing the previous candle’s close with the next candle’s open, we see that: • In Pair 1, the next open is lower than the previous close, • In Pair 2, the next open is higher than the previous close. Pair 1 → close > open Pair 2 → close < open Since they are not aligned in the same direction, this is interpreted as a divergence — a potential reversal signal. While TPD results are displayed in the summary table, whenever the conditions are met in the selected timeframes, the signals are also plotted directly on the chart. (🚦, X) • Higher timeframe TPD example: • Current timeframe TPD example: Alerts: The indicator can be conditioned based on aligned timeframes defined within the concept. Example (assuming random active rows in the screenshot): • Weekly Bullish SSMT → Tf2 (menu-selected) Bullish TPD → Daily Bullish SSMT. Selecting “none” in the menu means that condition is not required. When an alert is triggered, it will be displayed in the corresponding row of the table. • Example with only condition 3 enabled: Potential PO3 Analysis: According to Quarterly Theory, price moves in cycles, and the same structures are assumed to continue in smaller timeframes. From classical PO3 knowledge: before the main move, price first manipulates in the opposite direction to trap buyers/sellers, then makes its true move. The cyclical sequence is: (A)ccumulation → (M)anipulation → (D)istribution → (R)eversal / Continuation. Within cycle candles, the first letter of each phase is displayed. So how does the analysis work? If the active cycle is in (M)anipulation or (D)istribution phase, and it sweeps the previous cycle’s high or low but then pulls back inside, this is flagged in the summary table as a possible PO3 signal. In other words, it reflects the alignment of theoretical sequence with real-time price action. Confluence with SSMT and TPD conditions further strengthens the expectation. Final Note: No single marking or alert carries meaning on its own — it must always be evaluated in the context of your concept knowledge. Instead of trading purely on expectations, align bias + trend + entry confirmations to improve your success rate. Feedback and suggestions are welcome. Happy trading!
Pine Script® Indikator
von cdikici71
22
APC Companion – Volume Accumulation/DistributionIndicator Description (TradingView – Open Source) APC Companion – Volume Accumulation/Distribution Filter (Designed to work standalone or together with the APC Compass) What this indicator does The APC Companion measures whether markets are under Accumulation (buying pressure) or Distribution (selling pressure) by combining: Chaikin A/D slope – volume flow into price moves On-Balance Volume momentum – confirms trend strength VWAP spread – price vs. fair value by traded volume CLV × Volume Z-Score – detects intrabar absorption / selling pressure VWMA vs. EMA100 – confirms whether weighted volume supports price action The result is a single Acc/Dist Score (−5 … +5) and a Coherence % showing how many signals agree. How to interpret Score ≥ +3 & Coherence ≥ 60% → Accumulation (green) → market supported by buyers Score ≤ −3 & Coherence ≥ 60% → Distribution (red) → market pressured by sellers Anything in between = neutral (no strong bias) Using with APC Compass Long trades: Only take Compass Long signals when Companion shows Accumulation. Short trades: Only take Compass Short signals when Companion shows Distribution. Neutral Companion: Skip or reduce size if there is no confirmation. This filter greatly reduces false signals and improves trade quality. Best practice Swing trading: 4H / 1D charts, lenZ 40–80, lenSlope 14–20 Intraday: 5m–30m charts, lenZ 20–30, lenSlope 10–14 Position sizing: Increase with higher Coherence %, reduce when below 60% Exits: Reduce or close if Score drops back to neutral or flips opposite Disclaimer This script is published open source for educational purposes only. It is not financial advice. Test thoroughly before using in live trading.
Pine Script® Indikator
von SamBou76