Ichimoku trendfollowingIchimoku più che un indicatore potrebbe essere considerato un sistema di trading.
Ho quindi voluto implementare una strategia che utilizzasse soltanto i segnali che offre per l'ingresso ed uscita per verificarne l'efficacia nel lungo periodo su i diversi strumenti.
I segnali che offre sono i seguenti:
1) il prezzo taglia la tenkan (segnale molto debole per un ingresso)
2) il prezzo taglia la kijun (possibile trade in controtrend fino alla kumo)
3) tenkan incrocia la linea kijun
4) uscita della linea chikou span dal prezzo: se la linea è sotto il prezzo valutare solo short, se sopra valutare solo long, se sopra il prezzo si è in correzione ed è meglio restare flat
5) prezzo entra dentro la kumo. (Non si entra in posizione dentro la kuno)
6) la kumo cambia colore (conferma direzione del trend in atto)
7) uscita dal prezzo dalla kumo
8) uscita della tenkan dalla kumo (conferma situazione)
9) uscita kijun dalla kumo (conferma situazione)
10) trend in corso con chiusura del prezzo fra la chikou span da una parte, tenkan, kijun e kumo dall'altra.
Ichimoku è solitamente utilizzato come sistema trendfollowing, quindi considererò solo i segenti possibili ingressi:
1) breakout kumo (inizio trend di lungo periodo)
2) pullback (inizio trend di medio periodo o ripresa trend dopo correzione profonda con pullback su kumo)
le uscite tradizionali sono:
1) prezzo chiude sotto la kijun
2) SL inizialmente su minimo candela che rompe il livello
Filtri da applicare ai singoli ingressi:
Filtro long:
Close>kumo and chikou span > prezzo corrispondente and
Filtro short
Close
In den Scripts nach "ai" suchen
simple botthe AI=
value of close of candle < value of close of candle previous by 1 = sell
close > close1 = buy
closeorder on SL
closeorder on AutoProfit
closeorder on signal reverse (if openorder not in profit)
stelaraX - Williams %RstelaraX – Williams %R
stelaraX – Williams %R is a momentum oscillator designed to identify overbought and oversold market conditions. It measures the position of the current close relative to the highest high and lowest low over a defined lookback period and reacts quickly to changes in market momentum.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
Williams %R is calculated over a user-defined period and oscillates between 0 and -100.
Key characteristics include:
* values near 0 indicate overbought conditions
* values near -100 indicate oversold conditions
* the -50 level acts as a momentum midpoint
When Williams %R moves above the overbought threshold, bullish momentum may be stretched. When it moves below the oversold threshold, bearish momentum may be stretched.
Visualization
The script plots:
* the Williams %R line in a separate indicator pane
* a configurable overbought level
* a configurable oversold level
* a midline at -50 for directional context
The area between the overbought and oversold levels is visually highlighted, making extreme momentum conditions easy to identify.
Use case
This indicator is intended for:
* identifying overbought and oversold market conditions
* spotting potential momentum reversals
* confirming short-term trend exhaustion
* divergence analysis between price and momentum
* timing entries and exits in ranging or trending markets
For traders who want to combine classical oscillators with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - MomentumstelaraX – Momentum
stelaraX – Momentum is a simple yet effective indicator designed to measure the speed and direction of price movement. It shows whether price is accelerating or decelerating and helps identify shifts in market strength at an early stage.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The Momentum indicator calculates the difference between the current price and the price from a user-defined number of periods ago.
Key characteristics include:
* positive values indicate upward momentum
* negative values indicate downward momentum
* the zero line acts as a directional threshold
When momentum crosses above zero, bullish pressure is increasing. When momentum crosses below zero, bearish pressure is increasing.
Visualization
The script plots a histogram in a separate indicator pane:
* green bars when momentum is positive
* red bars when momentum is negative
* a clearly visible zero baseline for direction reference
The histogram format makes changes in momentum strength immediately visible.
Use case
This indicator is intended for:
* measuring price acceleration and deceleration
* confirming trend strength
* identifying early momentum shifts
* filtering entries in trend-following strategies
* divergence analysis between price and momentum
For traders who want to combine classical momentum tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - MFIstelaraX – MFI
stelaraX – MFI is a volume-weighted momentum oscillator that combines price movement and trading volume to measure buying and selling pressure. Unlike pure price-based oscillators, the Money Flow Index incorporates volume, making it especially useful for identifying strength behind price moves.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The Money Flow Index is calculated using the typical price (HLC3) and volume over a user-defined lookback period.
The calculation distinguishes between positive and negative money flow and converts the result into an oscillator ranging from 0 to 100.
Key components include:
* MFI value between 0 and 100
* overbought threshold to identify excessive buying pressure
* oversold threshold to identify excessive selling pressure
High MFI values indicate strong inflows of capital, while low values indicate capital outflows.
Visualization
The script plots:
* the MFI line in a separate indicator pane
* a configurable overbought level
* a configurable oversold level
The area between overbought and oversold levels is visually highlighted, allowing quick recognition of extreme money flow conditions.
Use case
This indicator is intended for:
* identifying overbought and oversold conditions with volume confirmation
* spotting potential reversals driven by volume imbalance
* confirming price trends with underlying money flow
* divergence analysis between price and volume-based momentum
* filtering trades based on participation strength
For traders who want to combine price action with volume-aware, AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Heikin AshistelaraX – Heikin Ashi
stelaraX – Heikin Ashi is a price-smoothing indicator that transforms standard candlestick data into Heikin Ashi candles. By averaging price values, it reduces market noise and makes trend direction and momentum easier to read directly on the chart.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
Heikin Ashi candles are calculated using averaged price values instead of raw open and close data.
Each candle is derived from:
* averaged open based on the previous Heikin Ashi candle
* averaged close based on the current candle’s OHLC values
* high and low adjusted to reflect the full price range
This calculation smooths price action and filters out short-term volatility, allowing trends to appear more consistent and structured.
Visualization
The script plots custom Heikin Ashi candles directly on the price chart:
* bullish candles displayed in a configurable bullish color
* bearish candles displayed in a configurable bearish color
* candle bodies, wicks, and borders are fully color-aligned
The result is a clean and uniform visual representation of trend strength and direction.
Use case
This indicator is intended for:
* identifying and following market trends
* reducing noise in choppy market conditions
* improving trend clarity for discretionary trading
* confirming trend direction in combination with other indicators
* simplifying price structure for higher-level analysis
For traders who want to combine smoothed price action with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - EnvelopestelaraX – Envelope
stelaraX – Envelope is a price channel indicator based on a moving average with fixed percentage bands above and below the average. It is designed to visualize dynamic support and resistance zones and highlight potential overextended market conditions.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The indicator calculates a central moving average using either:
* exponential moving average (EMA)
* simple moving average (SMA)
Upper and lower envelope bands are then derived by applying a fixed percentage offset to the moving average.
The distance between price and the envelope bands reflects relative market extension. Price near or beyond the outer bands may indicate overbought or oversold conditions depending on context and trend direction.
Visualization
The script plots:
* the central moving average
* an upper envelope band
* a lower envelope band
The area between the upper and lower bands is softly filled to improve visual clarity and make price deviations easy to identify at a glance.
Use case
This indicator is intended for:
* identifying dynamic support and resistance zones
* detecting overextended price conditions
* mean reversion and pullback analysis
* trend-following confirmation when combined with other indicators
* channel-based trade planning
For traders who want to combine classical price channels with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - VWAPstelaraX – VWAP
stelaraX – VWAP is a volume-weighted price indicator designed to show the average traded price of an asset throughout the trading session. By incorporating volume into the calculation, it provides a more realistic view of fair value compared to simple price averages.
This indicator is part of the stelaraX ecosystem for clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The indicator calculates the Volume Weighted Average Price using the typical price (HLC3) and traded volume.
VWAP represents the average price at which the market has traded, weighted by volume, and is commonly used to assess whether price is trading at a premium or discount relative to fair value.
Optional deviation bands are calculated using the volume-weighted standard deviation around the VWAP. Two configurable band levels allow traders to measure statistical price extremes.
Visualization
The script plots:
* the VWAP line directly on the price chart
* optional upper and lower deviation bands
* two configurable deviation multipliers
The VWAP line serves as the central reference, while the bands highlight potential overextension zones above and below the average traded price.
Use case
This indicator is intended for:
* identifying fair value and premium or discount pricing
* intraday trend bias and mean reversion analysis
* dynamic support and resistance assessment
* trade filtering and execution alignment
* combining volume context with price structure
For traders who want to integrate volume-based analysis with modern AI-driven chart evaluation, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - SupertrendstelaraX – Supertrend
stelaraX – Supertrend is a trend-following indicator based on the Average True Range (ATR). It dynamically adapts to market volatility and provides clear visual guidance for identifying bullish and bearish trend phases directly on the chart.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Supertrend is calculated using two user-defined parameters:
* ATR period
* volatility factor
The indicator uses ATR-based price bands to determine trend direction:
* bullish trend when price holds above the Supertrend level
* bearish trend when price holds below the Supertrend level
When price crosses the Supertrend line, the trend direction flips accordingly. The ATR factor controls the sensitivity of trend changes, with higher values producing fewer but stronger signals.
Visualization
The script plots a single Supertrend line directly on the price chart:
* green color during bullish trends
* red color during bearish trends
* broken line style to clearly show trend transitions
The minimalist design ensures that trend direction is immediately visible without cluttering the chart.
Use case
This indicator is intended for:
* identifying and following market trends
* defining dynamic trailing stop levels
* filtering trades in the direction of the dominant trend
* trend confirmation in combination with other indicators
For traders looking to combine classical trend tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - StochasticstelaraX – Stochastic
stelaraX – Stochastic is a momentum oscillator designed to compare the current closing price to the recent price range over a defined period. It helps identify overbought and oversold conditions and provides early signals for potential momentum shifts.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Stochastic oscillator is calculated using three configurable parameters:
* %K lookback period
* %K smoothing
* %D smoothing
The indicator consists of:
* the %K line, representing raw momentum
* the %D line, a smoothed moving average of %K
Momentum is considered bullish when %K is above %D and bearish when %K is below %D. Crossovers between %K and %D can indicate potential trend shifts.
Visualization
The script plots:
* the %K line
* the %D line
* a configurable overbought level
* a configurable oversold level
The area between the overbought and oversold levels is visually highlighted, allowing quick identification of extreme momentum conditions.
Use case
This indicator is intended for:
* identifying overbought and oversold market conditions
* spotting early momentum reversals
* confirming trend continuation or exhaustion
* divergence analysis between price and momentum
For traders who want to combine classical oscillators with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - RSIstelaraX – RSI
stelaraX – RSI is a momentum oscillator designed to measure the speed and magnitude of recent price changes. It helps identify overbought and oversold market conditions while providing a clear view of momentum shifts and potential reversals.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The Relative Strength Index is calculated using a user-defined lookback period and compares average gains to average losses over that period.
Key elements include:
* RSI value oscillating between 0 and 100
* overbought level to identify stretched bullish conditions
* oversold level to identify stretched bearish conditions
* a central 50 level to distinguish bullish and bearish momentum regimes
When RSI is above 50, momentum is considered bullish. When RSI is below 50, momentum is considered bearish.
Visualization
The script plots:
* the RSI line
* a configurable overbought level
* a configurable oversold level
* a neutral midline at 50
The area between overbought and oversold levels is visually highlighted, making momentum zones easy to interpret at a glance.
Use case
This indicator is intended for:
* identifying overbought and oversold conditions
* spotting momentum shifts and potential reversals
* confirming trend strength and continuation
* divergence analysis between price and momentum
For traders looking to combine classical momentum tools with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - MACDstelaraX – MACD
stelaraX – MACD is a classic momentum and trend-following indicator based on the relationship between two exponential moving averages. It is designed to visualize trend direction, momentum strength, and potential reversal points in a clear and uncluttered way.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
stelarax.com
Core logic
The MACD is calculated using three user-defined parameters:
* fast moving average period
* slow moving average period
* signal line smoothing period
The indicator consists of:
* the MACD line, calculated as the difference between the fast and slow EMA
* the signal line, which is an EMA of the MACD line
* the histogram, representing the difference between MACD and signal line
Momentum increases when the histogram expands and decreases when it contracts. Crossovers between the MACD line and the signal line highlight potential trend shifts.
Visualization
The script plots:
* the MACD line
* the signal line
* a color-coded histogram
Histogram bars adapt their color dynamically:
* green tones for positive momentum
* red tones for negative momentum
* brighter colors when momentum is increasing
* softer colors when momentum is weakening
A zero baseline is plotted to clearly separate bullish and bearish momentum phases.
Use case
This indicator is intended for:
* momentum and trend analysis
* identifying trend continuation and exhaustion
* confirming price action and breakout signals
* divergence observation between price and momentum
For traders looking to combine classical indicators with modern AI-driven chart analysis, additional tools are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Keltner ChannelstelaraX – Keltner Channel
stelaraX – Keltner Channel is a volatility-based price channel indicator that combines an exponential moving average with the Average True Range to define dynamic upper and lower boundaries around price. The indicator is designed to highlight trend direction, volatility expansion, and potential breakout or mean reversion zones.
For advanced AI-based chart analysis and automated volatility interpretation, visit stelarax.com
Core logic
The indicator calculates the Keltner Channel using three components:
* an exponential moving average as the central basis line
* an upper band defined as EMA plus a multiple of ATR
* a lower band defined as EMA minus a multiple of ATR
Both the EMA period and ATR period are user-configurable, as well as the ATR multiplier, allowing precise control over channel width and sensitivity.
Visualization
The script plots:
* the EMA basis line
* the upper Keltner Channel band
* the lower Keltner Channel band
The area between the upper and lower bands can be filled with a semi-transparent color to clearly visualize the active volatility range. All colors are fully customizable for clean chart integration.
Use case
This indicator is intended for:
* trend-following and channel-based strategies
* identifying volatility expansion and contraction
* breakout and pullback analysis
* dynamic support and resistance evaluation
* combining volatility with trend direction
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Ichimoku CloudstelaraX – Ichimoku Cloud
stelaraX – Ichimoku Cloud is a complete trend and market structure indicator based on the traditional Ichimoku Kinko Hyo system. The indicator visualizes trend direction, momentum, and support and resistance zones using a single integrated framework.
For advanced AI-based chart analysis and automated multi-indicator interpretation, visit stelarax.com
Core logic
The indicator calculates all main Ichimoku components using configurable periods:
* Tenkan-Sen is calculated as the midpoint of the highest high and lowest low over a short period
* Kijun-Sen is calculated as the midpoint over a medium period
* Senkou Span A is the average of Tenkan-Sen and Kijun-Sen and is projected forward
* Senkou Span B is the midpoint over a longer period and is projected forward
* Chikou Span represents current price shifted back by the displacement value
This structure provides a complete view of trend, momentum, and equilibrium.
Visualization
The script plots all Ichimoku elements directly on the chart:
* Tenkan-Sen and Kijun-Sen lines
* Chikou Span plotted backward
* Senkou Span A and Senkou Span B projected forward
* filled cloud area between Senkou spans
The cloud color dynamically reflects bullish or bearish conditions depending on the relationship between Senkou Span A and Senkou Span B.
Use case
This indicator is intended for:
* identifying overall trend direction and strength
* spotting dynamic support and resistance zones
* evaluating momentum and trend continuation
* filtering trades using cloud bias
* multi-timeframe trend alignment
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - ATRstelaraX – ATR
stelaraX – ATR is a volatility indicator based on the Average True Range (ATR). It measures the average price movement over a defined period and provides a clear view of current market volatility independent of price direction.
For advanced AI-based chart analysis and automated volatility evaluation, visit stelarax.com
Core logic
The indicator calculates the Average True Range using a user-defined period.
ATR is derived from the true range, which considers:
* current high minus current low
* absolute difference between current high and previous close
* absolute difference between current low and previous close
The ATR value reflects the average volatility over the selected lookback window.
Visualization
The script plots a single ATR line in a separate indicator pane:
* smooth volatility line
* configurable period length
* customizable line color
* clean and minimal visual design
The indicator does not generate signals and is intended purely for volatility assessment.
Use case
This indicator is intended for:
* measuring market volatility
* defining dynamic stop loss and take profit distances
* position sizing and risk management
* identifying volatility expansion or contraction
* filtering trades based on market conditions
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - ADXstelaraX – ADX
stelaraX – ADX is a trend strength indicator based on the Average Directional Index (ADX) and its directional components DI+ and DI-. The indicator is designed to help traders distinguish between trending and ranging market conditions without focusing on trade direction alone.
For advanced AI-based chart analysis and automated trend evaluation, visit stelarax.com
Core logic
The indicator is calculated using the Directional Movement Index methodology and consists of three components:
* ADX measures overall trend strength
* DI+ represents positive directional movement
* DI- represents negative directional movement
The ADX value is smoothed using a user-defined smoothing period. A configurable threshold level is plotted to visually separate weak and strong trend conditions.
Visualization
The script plots all components in a separate pane:
* ADX line to evaluate trend strength
* DI+ line to show bullish directional pressure
* DI- line to show bearish directional pressure
* horizontal threshold line to highlight trending conditions
Colors for each line and the threshold level are fully customizable.
Use case
This indicator is intended for:
* identifying strong versus weak market trends
* filtering trades based on trend strength
* avoiding range-bound market conditions
* confirming trend continuation or exhaustion
* combining with breakout, structure, or momentum strategies
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Auto FibonaccistelaraX – Auto Fibonacci
stelaraX – Auto Fibonacci is an automatic Fibonacci plotting indicator that detects recent pivot highs and pivot lows and draws Fibonacci retracement and extension levels across the latest swing range. The script updates dynamically whenever a new pivot is confirmed, providing an always-current Fibonacci map without manual drawing.
For advanced AI-based chart analysis and automated Fibonacci interpretation, visit stelarax.com
Core logic
The indicator detects swing pivots using a user-defined pivot lookback:
* pivot highs are detected using pivot high confirmation
* pivot lows are detected using pivot low confirmation
When a new pivot is confirmed and both a recent high and low are available, the script:
* defines the swing range between the latest pivot high and pivot low
* draws Fibonacci levels across that range
* extends the levels forward by a configurable number of bars
The plotted level set includes retracements and extensions:
* -0.618 and -0.272
* 0.0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0
* 1.272 and 1.618
Extensions can be enabled or disabled via a dedicated setting.
Visualization
Fibonacci levels are plotted as horizontal lines and labeled with:
* the Fibonacci ratio
* the corresponding price value
Colors are assigned based on level type:
* 0 and 1 levels use a dedicated highlight color
* 0.5 uses a key level color
* standard retracement levels use a base fib color
* extension levels use a separate extension color
When a new pivot forms, the indicator clears the previous Fibonacci drawings and redraws the full set to keep the chart clean and current.
Use case
This indicator is intended for:
* automatic Fibonacci retracement mapping on the latest swing
* identifying potential reaction levels for pullbacks and continuations
* projecting extension targets beyond the current range
* level-based confluence with structure, liquidity, and zones
* multi-timeframe Fibonacci alignment
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Supply & Demand ZonesstelaraX – Supply & Demand Zones
stelaraX – Supply & Demand Zones is a price action indicator designed to automatically draw supply and demand zones based on pivot structure and candle confirmation. The script highlights potential institutional reaction areas and extends zones forward for easy planning and level-based analysis.
For advanced AI-based chart analysis and automated zone interpretation, visit stelarax.com
Core logic
The indicator detects zones using pivot logic with a user-defined lookback period.
Supply zones are created when:
* a pivot high is confirmed
* the candle at the pivot reference point is bearish (close below open)
Demand zones are created when:
* a pivot low is confirmed
* the candle at the pivot reference point is bullish (close above open)
Zone boundaries are defined using the pivot candle range:
* supply zone uses the pivot high as the top and the candle body high as the bottom
* demand zone uses the pivot low as the bottom and the candle body low as the top
Visualization
The script draws zones directly on the chart using extended boxes:
* supply zones are displayed in red tones
* demand zones are displayed in green tones
Each zone is extended forward by a configurable number of bars to keep the level visible for future price interaction. Zone colors and border styles are fully customizable.
The indicator maintains a clean chart by limiting the total number of active zones for both supply and demand.
Use case
This indicator is intended for:
* identifying key supply and demand reaction zones
* level-based trading and confluence analysis
* planning entries and exits around structural areas
* mapping potential reversal and continuation locations
* multi-timeframe zone tracking
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Donchian BreakoutstelaraX – Donchian Breakout
stelaraX – Donchian Breakout is a breakout-focused indicator based on the Donchian Channel concept. It identifies bullish and bearish breakouts when price closes outside the previous high–low range, providing clear and rule-based breakout signals.
For advanced AI-based chart analysis and automated breakout evaluation, visit stelarax.com
Core logic
The indicator calculates a Donchian Channel using a user-defined lookback period:
* upper band is the highest high of the previous period
* lower band is the lowest low of the previous period
* middle line represents the midpoint of the channel
Breakout conditions are defined as:
* bullish breakout when price closes above the upper band
* bearish breakout when price closes below the lower band
Using the previous period values avoids repainting and ensures confirmed breakout signals.
Visualization
The script plots:
* upper and lower Donchian Channel boundaries
* a midpoint line for range context
* a filled channel area to visualize the active range
Breakout signals are marked directly on the chart:
* upward triangle for bullish breakouts
* downward triangle for bearish breakouts
All colors are fully customizable.
Alerts
Alert conditions are included for:
* bullish Donchian breakout
* bearish Donchian breakout
Alerts reference the active ticker and trigger only on confirmed breakout conditions.
Use case
This indicator is intended for:
* breakout and trend-following strategies
* identifying range expansions
* systematic Donchian channel trading
* momentum-based entry signals
* multi-timeframe breakout analysis
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Donchian ChannelstelaraX – Donchian Channel
stelaraX – Donchian Channel is a classic price channel indicator designed to track market extremes over a defined lookback period. The indicator highlights the highest high and lowest low, providing a clear view of price range, breakout levels, and trend strength.
For advanced AI-based chart analysis and automated range interpretation, visit stelarax.com
Core logic
The indicator calculates the Donchian Channel using a user-defined period:
* upper band represents the highest high over the selected period
* lower band represents the lowest low over the selected period
* middle line represents the midpoint between upper and lower bands
This structure allows traders to quickly identify range boundaries and directional bias.
Visualization
The script plots:
* the upper Donchian Channel line
* the lower Donchian Channel line
* a central midpoint line
The area between the upper and lower bands can be filled with a semi-transparent color to clearly visualize the active trading range. All colors are fully customizable.
Use case
This indicator is intended for:
* breakout and trend-following strategies
* identifying support and resistance ranges
* volatility and range expansion analysis
* channel-based trade management
* multi-timeframe range evaluation
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Bollinger BandsstelaraX – Bollinger Bands
stelaraX – Bollinger Bands is a classic volatility-based indicator designed to visualize price dispersion around a moving average. The script plots the Bollinger Bands directly on the chart, allowing traders to assess volatility, potential mean reversion zones, and dynamic support and resistance levels.
For advanced AI-based chart analysis and automated volatility interpretation, visit stelarax.com
Core logic
The indicator calculates Bollinger Bands using three core components:
* a simple moving average as the basis line
* an upper band calculated by adding a multiple of standard deviation
* a lower band calculated by subtracting a multiple of standard deviation
The period length and standard deviation multiplier are fully configurable, allowing adaptation to different markets and timeframes.
Visualization
The script plots:
* the basis moving average line
* the upper Bollinger Band
* the lower Bollinger Band
The area between the upper and lower bands can be filled with a semi-transparent color to clearly highlight the active volatility range. All colors are customizable for optimal chart integration.
Use case
This indicator is intended for:
* volatility analysis and expansion or contraction detection
* identifying overextended price conditions
* mean reversion and breakout strategies
* dynamic support and resistance analysis
* multi-timeframe volatility assessment
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX - Moving AveragestelaraX – Moving Average
stelaraX – Moving Average is a flexible moving average indicator that allows switching between multiple MA calculation types while keeping a clean and minimal chart appearance. The indicator is designed for trend identification, dynamic support and resistance, and general market bias analysis.
For advanced AI-based chart analysis and automated trend evaluation, visit stelarax.com
Core logic
The indicator calculates a single moving average based on the selected type:
* Simple Moving Average (SMA)
* Exponential Moving Average (EMA)
* Weighted Moving Average (WMA)
* Volume Weighted Moving Average (VWMA)
* Running Moving Average (RMA)
The moving average is calculated using a user-defined period and price source, allowing full control over responsiveness and sensitivity.
Visualization
The script plots one moving average line directly on the chart:
* adjustable moving average type
* configurable period length
* selectable price source
* customizable line color
* fixed line width for clear visibility
The minimal design ensures an uncluttered chart and seamless combination with other indicators.
Use case
This indicator is intended for:
* trend identification and confirmation
* dynamic support and resistance analysis
* moving average based trading strategies
* multi-timeframe trend alignment
* clean chart setups with minimal visual noise
For a fully automated AI-driven chart analysis solution, additional tools and insights are available at stelarax.com
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
