Comprehensive Market AnalyzerVERSION 2.0:
Notice to users: To better reflect its extensive features, this indicator has been renamed from "Tsūrubokkusu (Toolbox) 🧰" to "Comprehensive Market Analyzer". Thank you for your understanding and adaptation to this change.
Purpose and Usage:
The Comprehensive Market Analyzer is designed to provide traders with a holistic view of market conditions by integrating various technical indicators into a single,
cohesive tool. Each indicator has been carefully selected and improved to work together, offering enhanced customization and advanced market insights.
This combination allows for more comprehensive market analysis, improved decision-making, and efficient trading strategies.
📘 Machine Learning Integration
Purpose : Utilizes machine learning algorithms to analyze past market data and provides predictive insights based on historical data.
Usage : Activate machine learning features, set lookback windows, influence weighting, and start bar for improved trend predictions.
Activate Machine Learning :
Description : Enables advanced machine learning features that analyze past market data.
Details : This feature allows the algorithm to use historical data to forecast market movements, providing traders with enhanced predictive insights on historical data.
Kernel Lookback Window :
Description : Sets the number of previous bars that the algorithm will analyze.
Details : A higher number provides a broader view of market trends, while a lower number makes the model more sensitive to recent changes.
Kernel Influence Weighting :
Description : Adjusts the emphasis on recent versus older data.
Details : Increasing this value gives more importance to recent data, potentially making predictions more responsive to new trends.
Kernel Calculation Start Bar :
Description : Specifies the bar number from which to start the machine learning calculations.
Details : Avoids early data which may contain excessive noise and less reliable market signals.
Kernel Functions :
Gaussian Kernel :
Description : Uses a Gaussian distribution to weight historical data, focusing on more recent data points for trend analysis.
Details : Calculates weights based on the Gaussian distribution, emphasizing data points closer to the present.
Laplacian Kernel :
Description : Applies Laplacian distribution, emphasizing data points closer to the current time more heavily.
Details : Uses the Laplacian function to provide a different perspective on data weighting.
RBF Kernel :
Description : Utilizes a Radial Basis Function for smoothing and analyzing data, providing a different approach to trend prediction.
Details : Applies the RBF function to smooth data and enhance the accuracy of trend predictions.
Wavelet Kernel :
Description : Applies wavelet transform for analyzing frequency components, helping to detect patterns in the price movements.
Details : Uses wavelet-based calculations to focus on specific frequency components within the data, aiding in pattern recognition.
📘 Enhanced Ichimoku Kinkō Hyō Integration
Purpose : Provides a comprehensive overview of market trends and momentum using the Ichimoku Kinkō Hyō indicator.
Usage : Display various components of the Ichimoku Kinkō Hyō, customize their appearance, provides additional calculations for trend analysis.
Display Ichimoku Kinkō Hyō :
Description : Toggle to show or hide the Ichimoku Kinkō hyō indicator.
Details : This indicator helps traders see support and resistance levels, trend direction, and potential future movements.
Activate Heikin-Ashi Source :
Description : Switches between regular price data and Heikin-Ashi candles for analysis.
Details : Heikin-Ashi candles smooth price data, making trends easier to spot.
Display Tenkan-Sen Line :
Description : Shows the Tenkan-Sen line, a key short-term trend indicator.
Color Customization : Set the color of the Tenkan-Sen line for better visibility.
Minimum Length : Determine the shortest period for calculating the Tenkan-Sen line.
Maximum Length : Determine the longest period for calculating the Tenkan-Sen line.
Dynamic Length Adjustment : Automatically adjusts the length of the Tenkan-Sen based on market conditions.
Display Kijun-Sen Line :
Description : Shows the Kijun-Sen line, a key medium-term trend indicator.
Color Customization : Set the color of the Kijun-Sen line for better visibility.
Minimum Length : Determine the shortest period for calculating the Kijun-Sen line.
Maximum Length : Determine the longest period for calculating the Kijun-Sen line.
Dynamic Length Adjustment : Automatically adjusts the length of the Kijun-Sen based on market conditions.
Kijun-Sen Divider Tool : Adjust the sensitivity of the Kijun-Sen calculation.
Display Chikou Span :
Description : Shows the Chikou Span, which lags behind the current price to help confirm trends.
Bear Phase Color : Set the color for bearish periods.
Bull Phase Color : Set the color for bullish periods.
Consolidation Color : Set the color for consolidation periods.
Minimum Length : Determine the shortest lag period for the Chikou Span.
Maximum Length : Determine the longest lag period for the Chikou Span.
Dynamic Length Adjustment : Automatically adjusts the length of the Chikou Span based on market conditions.
Display Senkou Span A and B :
Description : Shows the Senkou Span A and B, which form the Ichimoku Cloud indicating future support and resistance levels.
Bear Color : Set the color for bearish clouds.
Bull Color : Set the color for bullish clouds.
Neutral Color : Set the color for neutral periods.
Minimum Length : Determine the shortest period for calculating the Senkou Span.
Maximum Length : Determine the longest period for calculating the Senkou Span.
Dynamic Length Adjustment : Automatically adjusts the length of the Senkou Span based on market conditions.
Projection Offset : Set how far ahead the Senkou Span is projected.
Kumo Cloud Settings :
Enable Kumo Cloud Fill : Toggle to fill the space between Senkou Span A and B with color.
Cloud Fill Transparency : Adjust the transparency of the cloud fill.
Apply WMA Smoothing :
Description : Smooths the indicator lines using a Weighted Moving Average to clarify trends.
Bar Coloring Based on Ichimoku Signals :
Description : Colors the bars based on Ichimoku signals to provide a quick visual indication of market sentiment.
Bearish Signal Bar Color : Set the color for bars during bearish signals.
Bullish Signal Bar Color : Set the color for bars during bullish signals.
Consolidation Signal Bar Color : Set the color for bars during consolidation periods.
Neutral Bar Color : Set the color for bars during neutral conditions.
Enhanced Calculations :
Heikin Ashi Values : Smooths price movements to make trends more visible.
Alternative Source Calculation : Uses a different method for calculating the indicator based on user settings.
Volume Calculations : Enhanced functions for calculating volume based on different candlestick patterns.
Dynamic Length Adjustment : Automatically adjusts the length of Ichimoku components based on market volatility.
Gaussian Kernel Calculations : Uses advanced calculations for smoother and more accurate trend analysis.
Chikou Span Adaptation : Improved calculation for the Chikou Span using dynamic lengths and advanced methods.
Visual Enhancements : Adds color gradients to the Senkou Span and dynamic coloring for the Chikou Span to improve trend visibility.
Plotting Ichimoku Components :
Tenkan-Sen : Plots the Tenkan-Sen line with dynamic adjustments.
Kijun-Sen : Plots the Kijun-Sen line with dynamic adjustments.
Senkou Span A and B : Plots these lines with dynamic projections and advanced smoothing.
Chikou Span : Plots the Chikou Span with dynamic offsets and coloring.
📘 Enhanced Candlestick Patterns Integration
Purpose : Identifies and displays various candlestick patterns to help traders spot key market movements and potential reversals.
Usage : Toggle the display of patterns, select specific pattern types, and customize pattern labels for improved visual analysis.
Display Patterns :
Description : Toggle to enable or disable the display of all candlestick patterns.
Details : When enabled, all selected candlestick patterns will be displayed on the chart, aiding traders in identifying key market movements and potential reversals.
Select Pattern Type :
Description : Select the type of candlestick patterns to detect.
Details : Options include Bullish (indicating potential upward trends), Bearish (indicating potential downward trends), or Both.
Trend Filter Method :
Description : Select the method to filter trends.
Details : Options include True Range (based on price range), Fractals, Volume, Combined, or None (no filtering).
Pattern Label Colors :
Bullish Pattern Color : Choose the color for labeling Bullish patterns, indicating potential upward trends.
Bearish Pattern Color : Choose the color for labeling Bearish patterns, indicating potential downward trends.
Indecision Pattern Color : Choose the color for labeling Indecision patterns, indicating no clear trend direction.
Base Line and Patterns Display Options :
Show Base Line in Place of Labels : Toggle to display a base line instead of labels for detected patterns. This helps visualize the general trend.
Show Counterattack Lines : Toggle to display Counterattack Lines patterns, indicating potential reversal points.
Show Dark Cloud Cover : Toggle to display Dark Cloud Cover patterns, a bearish pattern suggesting a potential reversal from an uptrend to a downtrend.
Show Engulfing Patterns : Toggle to display Engulfing patterns. Bullish Engulfing patterns suggest a potential upward reversal, while Bearish Engulfing patterns suggest a potential downward reversal.
Show Hammer Patterns : Toggle to display Hammer patterns, a bullish pattern indicating a potential reversal from a downtrend to an uptrend.
Show Hanging Man Patterns : Toggle to display Hanging Man patterns, a bearish pattern indicating a potential reversal from an uptrend to a downtrend.
Show Harami Patterns : Toggle to display Harami patterns. Bullish Harami patterns suggest a potential upward reversal, while Bearish Harami patterns suggest a potential downward reversal.
Show In-Neck Patterns : Toggle to display In-Neck patterns, indicating a potential continuation of the current trend.
Show On-Neck Patterns : Toggle to display On-Neck patterns, indicating a potential continuation of the current trend.
Show Piercing Patterns : Toggle to display Piercing patterns, a bullish pattern suggesting a potential reversal from a downtrend to an uptrend.
Show Three Black Crows : Toggle to display Three Black Crows patterns, a bearish pattern suggesting a potential reversal from an uptrend to a downtrend.
Show Thrusting Patterns : Toggle to display Thrusting patterns, a bearish pattern suggesting a potential continuation of the downtrend.
Show Upside Gap Two Crows : Toggle to display Upside Gap Two Crows patterns, a bearish pattern suggesting a potential downward reversal after an upward gap.
Show Evening Star : Toggle to display Evening Star patterns, a bearish pattern suggesting a potential reversal from an uptrend to a downtrend.
Show Inverted Hammer : Toggle to display Inverted Hammer patterns, a bullish pattern suggesting a potential reversal from a downtrend to an uptrend.
Show Morning Star : Toggle to display Morning Star patterns, a bullish pattern suggesting a potential reversal from a downtrend to an uptrend.
Show Shooting Star : Toggle to display Shooting Star patterns, a bearish pattern suggesting a potential reversal from an uptrend to a downtrend.
Show Doji Patterns : Toggle to display Doji patterns, indicating market indecision and potential reversals.
Show Dragonfly Doji : Toggle to display Dragonfly Doji patterns, a bullish pattern suggesting a potential reversal from a downtrend to an uptrend.
Show Evening Doji Star : Toggle to display Evening Doji Star patterns, a bearish pattern suggesting a potential reversal from an uptrend to a downtrend.
Show Gravestone Doji : Toggle to display Gravestone Doji patterns, a bearish pattern suggesting a potential reversal from an uptrend to a downtrend.
Show Long-Legged Doji : Toggle to display Long-Legged Doji patterns, indicating high market indecision and potential reversals.
Show Morning Doji Star : Toggle to display Morning Doji Star patterns, a bullish pattern suggesting a potential reversal from a downtrend to an uptrend.
Show Rising Three Methods : Toggle to display Rising Three Methods patterns, a bullish pattern suggesting a continuation of the uptrend.
Show Falling Three Methods : Toggle to display Falling Three Methods patterns, a bearish pattern suggesting a continuation of the downtrend.
Show Tasuki Patterns : Toggle to display Tasuki patterns, indicating potential trend continuation after a gap.
Show Marubozo : Toggle to display Marubozo patterns, indicating strong trend continuation, either bullish or bearish.
Show Long Lower Shadow : Toggle to display Long Lower Shadow patterns, indicating strong buying pressure and potential upward movement.
Show Long Upper Shadow : Toggle to display Long Upper Shadow patterns, indicating strong selling pressure and potential downward movement.
Show Three Inside Up/Down : Toggle to display Three Inside Up/Down patterns, indicating potential bullish or bearish reversals.
Show Kicker Pattern : Toggle to display Kicker patterns, indicating significant potential reversals.
Show Tweezer Tops/Bottoms : Toggle to display Tweezer Tops/Bottoms patterns, indicating potential reversals at the tops or bottoms.
Show Mat Hold Pattern : Toggle to display Mat Hold patterns, a bullish pattern suggesting a continuation of the uptrend.
Candle Body/Shadow Comparison Options :
Candle Body/Shadow Comparison : Choose the criteria to compare candle sizes: Shadows (larger shadows), Body (larger body), Both (larger shadows and body), Either (larger shadows or body), or None (no comparison).
Look-back Period for Candle Comparison : Specify the number of periods to look back when comparing the current candle size to determine if it is significant.
Period for Body Length Average : Specify the period for calculating the average body length of candles to help identify significant patterns.
Period for Candle Length Average : Specify the period for calculating the average length of candles to help identify significant patterns.
Specific Pattern Thresholds :
Doji Body Percentage Threshold : Set the percentage threshold for identifying Doji patterns based on the candle body size compared to its range.
Upper Shadow Percentage Limit : Set the maximum allowed upper shadow percentage of the candle’s range for identifying specific Doji patterns.
Lower Shadow Percentage Limit : Set the maximum allowed lower shadow percentage of the candle’s range for identifying specific Doji patterns.
Price Deviation Tolerance : Specify the price deviation tolerance for pattern recognition, which helps in identifying patterns within a certain price range.
Thrusting Neck Percentage : Set the percentage threshold for identifying Thrusting Neck patterns, indicating a potential continuation of the current trend.
Base Line Settings :
Base Line EMA Length : Specify the length of the EMA for the Base Line, helping to visualize the general trend.
Enhanced Calculations :
Wavelet Transform : If machine learning is enabled, calculates the wavelet transform for smoother and more accurate pattern detection.
Candle Body and Shadows Calculation : Detailed calculations for candle body and shadow lengths to improve pattern detection.
Average Calculations : Calculate averages for body and candle sizes to help identify significant patterns.
Fractals Calculation : Identify fractal highs and lows to aid in trend detection.
Trend Filters : Apply user-selected trend filters based on True Range, Fractals, Volume, or a combination.
Pattern Detection and Labeling : Detects and labels various candlestick patterns, including Doji, Engulfing, Hammer, and more, with options for displaying labels or base lines.
Alerts and Notifications : Set alerts for detected patterns and base line colors to notify traders of significant market events.
Plotting Candlestick Patterns :
Pattern Detection : Automatically detects and labels various candlestick patterns based on user settings.
Label Customization : Customize the labels for different patterns, including color and text.
Base Line Plotting : Option to plot a base line instead of labels for detected patterns, enhancing trend visualization.
Alerts for Patterns : Set alerts for detected patterns to keep traders informed of significant market changes.
📘 Enhanced Fibonacci Retracement Integration
Purpose : Provides a tool for identifying potential support and resistance levels using Fibonacci retracement.
Usage : Toggle the display of Fibonacci levels, adjust the lookback period, and customize the appearance of Fibonacci levels for better market analysis.
Auto Mode :
Description : Toggle to enable or disable automatic detection of price points.
Details : When enabled, the highest and lowest price points within a specified period will be automatically detected to set Fibonacci levels. Disable to manually set the top and bottom prices.
Period :
Description : Set the lookback period for detecting price points.
Details : Defines the number of bars to look back when detecting the highest and lowest prices in Auto Mode, used for calculating Fibonacci levels.
Manual Top :
Description : Manually set the top price level.
Details : Adjust this setting to reflect the peak price of interest when Auto Mode is disabled.
Manual Bottom :
Description : Manually set the bottom price level.
Details : Adjust this setting to reflect the low price of interest when Auto Mode is disabled.
Display Fibonacci :
Description : Toggle to show or hide Fibonacci retracement levels.
Details : When enabled, the calculated Fibonacci levels will be displayed on the chart, overlaying the price data.
Baseline Levels :
Description : Select Fibonacci levels to highlight as baselines.
Details : Choose specific levels to be visually distinct, emphasizing their significance in the analysis.
Fibonacci Levels Colors :
Upper Levels Color : Set the color for Fibonacci levels above the baseline, indicating potential resistance levels.
Lower Levels Color : Set the color for Fibonacci levels below the baseline, indicating potential support levels.
Baseline Levels Color : Set the color for highlighted baseline Fibonacci levels, making them stand out from other levels.
Display Individual Fibonacci Levels :
Show Level : Toggle to enable or disable the display of specific Fibonacci levels.
Level Value : Set the multiplier used to calculate each specific Fibonacci level relative to the price range.
Reverse Levels :
Description : Toggle to switch the calculation direction of Fibonacci levels.
Details : When enabled, levels are calculated in reverse, useful for analyzing downtrends.
Line Extension :
Description : Choose how Fibonacci level lines are extended on the chart.
Details : Options include extending lines to the left, right, or both, affecting their visual presentation.
Text Size :
Description : Adjust the font size of the labels for Fibonacci levels.
Details : Options range from large to tiny, allowing for readability adjustments according to user preference.
Line Style :
Description : Select the line style for Fibonacci levels.
Details : Options include solid, dotted, and dashed, providing visual distinction.
Line Width :
Description : Set the thickness of the Fibonacci level lines.
Details : A higher value makes the lines more prominent on the chart.
Baseline Line Style :
Description : Choose the line style specifically for the baseline levels.
Details : This can differ from other Fibonacci levels to emphasize their importance.
Baseline Line Width :
Description : Adjust the thickness of the baseline level lines.
Details : Can be set differently from other levels for visual emphasis.
Enhanced Calculations :
Automatic and Manual Top/Bottom Setup : Detect or manually set the highest and lowest price points.
Price Range Calculation : Determine the range between the highest and lowest prices.
Fibonacci Level Values : Calculate the values for each Fibonacci level.
Visual and Label Configuration : Configure visual aspects and labels for each level.
Plotting and Labeling :
Level Plotting :
Description : Plot each Fibonacci level on the chart.
Details : Draw lines representing each calculated level.
Label Customization :
Description : Customize the labels for Fibonacci levels.
Details : Include text, colors, and positioning for clarity.
📘 Supports and Resistances Integration
Purpose : Identifies key support and resistance levels to aid in market analysis.
Usage : Toggle the display of support and resistance lines, customize their appearance, and use Bollinger Bands for additional insights.
Display Supports and Resistances :
Description : Toggle to enable or disable the display of support and resistance lines.
Details : When enabled, support and resistance lines will be shown on the chart, providing key levels for market analysis.
Swing Period :
Description : Set the retrospective period for identifying swing points.
Details : A longer period captures more significant trends but may reduce sensitivity. The default value is 10.
Support Line Color :
Description : Set the color for support lines.
Details : Choose a color that enhances chart readability. Default is green.
Resistance Line Color :
Description : Set the color for resistance lines.
Details : Choose a color that makes resistance lines easily distinguishable. Default is red.
Trend-Based Line Color :
Description : Toggle to enable dynamic coloring based on trend direction.
Details : When enabled, the color of the lines will change according to the trend, aiding visual analysis.
Line Thickness :
Description : Adjust the thickness of the support and resistance lines.
Details : Choose a thickness value between 1 and 5 for better visibility.
Line Style :
Description : Select the style of the lines.
Details : Options include Solid, Dotted, or Dashed lines for visual distinction.
Number of Lines to Display :
Description : Set the maximum number of support/resistance lines to display.
Details : Adjust the number of lines to avoid clutter or to show more levels.
Display Bollinger Bands :
Description : Toggle to show or hide Bollinger Bands on the chart.
Details : Bollinger Bands provide a visual representation of volatility and potential price ranges.
Bollinger Bands Integration :
Description : Enable the integration of Bollinger Bands for S/R calculation.
Details : This feature adjusts the placement of S/R lines based on the market volatility captured by the Bollinger Bands.
Bollinger Bands Color Settings :
Description : Set colors for different Bollinger Band conditions.
Details :
Green: Prices above the median but below the upper band (potential overbought area).
Dark green: Prices above the upper band (strong upward momentum).
Light red: Prices below the median but above the lower band (potential oversold area).
Dark red: Prices below the lower band (strong downward momentum).
Fill Opacity Adjustment :
Description : Adjust the fill opacity between Bollinger Bands.
Details : Set the opacity level to balance visibility with other chart elements.
BB Sensitivity Level :
Description : Adjust the sensitivity for determining S/R levels near Bollinger Bands.
Details : A higher value increases the consideration of levels near the bands.
Band Width Multiplier :
Description : Control the width of the Bollinger Bands.
Details : Adjust the multiplier to expand or contract the bands based on market volatility.
Uniform BB Coloring :
Description : Apply a consistent color to Bollinger Bands.
Details : Simplify visual interpretation with a uniform color.
Plotting and Alerts :
Plotting Bollinger Bands :
Description : Plot the Bollinger Bands on the chart.
Details : The bands are colored based on the conditions set for market volatility and price ranges.
Alerts and Notifications :
Description : Set alerts for support/resistance breaks and Bollinger Band breakouts.
Details : Notify traders of significant market events related to these levels.
📘 Enhanced Trend Lines Integration
Purpose : Identifies and plots trend lines based on market structure to help traders understand market direction and potential buy/sell points.
Usage : Toggle the display of trend lines, customize their appearance, and use enhanced calculations for trend analysis.
Display Trend Lines :
Description : Enable or disable the display of trend lines on the chart.
Details : These trend lines are calculated based on market structure, specifically through the detection of Breaks of Structure (BOS). If enabled, the trend lines will help in identifying the market overall trend and potential buy and sell points.
Trend Line Colors :
Upper Line Color : Set the color for the upper trend lines to enhance visual distinction.
Lower Line Color : Set the color for the lower trend lines, aiding in easy identification of support levels.
Pivot Labels :
Show Pivots Labels : Control the display of pivot labels on the chart.
Pivot Label Size : Select the size of the pivot labels displayed on the chart. Options include Tiny, Small, Normal, Large, and Huge.
Trend Line Calculations :
Pivot Depth : Adjust the depth for pivot calculation based on the selected timeframe to capture significant price movements.
Pivot Deviation : Set the deviation for pivot calculation to identify key turning points.
Pivot Backstep : Define the backstep for pivot calculation to ensure accurate detection of pivot points.
Enhanced Calculations :
Market Structure Detection : Utilize advanced algorithms to identify key market structures, improving trend line accuracy.
Adaptive Parameters : Automatically adjust pivot depth, deviation, and backstep based on the selected timeframe for better relevance.
Zigzag Calculation : Implement zigzag patterns to dynamically adjust trend lines, ensuring they reflect current market conditions.
Slope and Intercept Calculation : Compute the slope and intercept for trend lines to enhance precision in trend detection.
Dynamic Updates : Continuously update trend lines as new data becomes available, ensuring real-time accuracy.
Alerts and Notifications : Set alerts for new high and low pivots, as well as for when the price crosses upper or lower trend lines, keeping traders informed of significant market changes.
Plotting Trend Lines :
Trend Line Plotting : Automatically draw trend lines based on detected BOS, helping traders visualize the market trend.
Diagonal Support/Resistance Lines : Plot diagonal lines to indicate support and resistance levels, enhancing the understanding of market dynamics.
Pivot Label Customization : Customize pivot labels for clear identification of high and low points in the trend.
Alerts for Trend Lines : Set alerts for when price crosses trend lines, ensuring timely notifications of potential trading opportunities.
📘 Enhanced Linear Regression Integration
Purpose : Uses linear regression to analyze price movements and identify trends.
Usage : Display the linear regression projection line, customize its appearance, and use enhanced calculations for better trend analysis.
Display Projection Line :
Description : Toggle to display or hide the linear regression projection line on the chart.
Details : This line represents the best fit line that predicts future prices based on historical data.
Data Source :
Description : Select the data source for the linear regression projection.
Details : This is typically the closing price but can be any price point such as open, high, or low. The selected source will be used to calculate the linear regression projection line.
Trend-Based Line Color :
Enable Trend-Based Line Color : Toggle to automatically color the projection line based on the trend direction. When enabled, the line will be red for a downward trend and green for an upward trend, providing a visual indication of market direction.
Uptrend Line Color : Select the color for the projection line when the trend is upward. This color will be used when "Enable Trend-Based Line Color" is active.
Downtrend Line Color : Select the color for the projection line when the trend is downward. This color will be used when "Enable Trend-Based Line Color" is active.
Enhanced Calculations :
Standard Deviation Calculation : Calculate the standard deviation for a given length to understand the volatility around the linear regression line.
Pearson's Correlation Calculation : Compute Pearson's R to measure the strength of the linear relationship between the price points and the linear regression line.
Slope and Intercept Calculation : Calculate the slope and intercept for the regression line, providing the basis for the projection.
Kernel Application : Optionally apply the RBF Kernel to the selected source data for smoothing and enhancing the regression calculations.
Dynamic Length Selection : Automatically select the optimal regression period based on the highest Pearson's R value, ensuring the most accurate trend representation.
Real-Time Updates : Continuously update the regression line and related calculations as new data becomes available, maintaining accuracy in real-time.
Alerts and Notifications : Set alerts for when the price crosses the linear regression projection line, notifying traders of significant market events.
Plotting Linear Regression Components :
Projection Line Plotting : Automatically draw the linear regression projection line based on historical data and the selected data source.
Label Customization : Customize the label for the projection line, including color and text, for clear identification on the chart.
Alerts for Projection Line : Set alerts for when the price crosses the projection line, ensuring timely notifications of potential trading opportunities.
📘 POC Analysis Integration
Purpose : Identifies the Point of Control (POC) to highlight price levels with the highest trading volume.
Usage : Toggle the display of the POC, customize its appearance, and use enhanced calculations for better market analysis.
Display POC :
Description : Toggle to display or hide the Point of Control (POC) on the chart.
Details : The POC is the price level at which the highest volume of trading occurred, indicating a focal point of market activity.
Data Source :
Description : Select the price source for POC analysis.
Details : This is typically the closing price but can be any price point such as open, high, or low. The selected source will be used to calculate the POC.
POC Line Colors :
Color Above POC : Set the line color when the closing price is above the POC.
Color Below POC : Set the line color when the closing price is below the POC.
Width Multiplier :
Description : Adjust the width around the price for POC analysis.
Details : A higher value broadens the calculation range.
POC Calculation and Visualization :
Price Level Initialization : Calculate the initial spacing between price levels based on the first candlestick and user settings.
Volume Data Accumulation : Accumulate volume data at specified price levels for each candlestick to determine the POC.
Dynamic Array Expansion : Expand price levels array to accommodate new price data outside the current range.
POC Determination : Determine and visualize the POC at the last candlestick if enabled by the user.
Alerts and Notifications : Set alerts for when the price crosses the POC, notifying traders of significant market events.
Plotting POC Components :
POC Line Plotting : Automatically draw the POC line based on historical data and the selected data source.
Label Customization : Customize the label for the POC line, including color and text, for clear identification on the chart.
Alerts for POC : Set alerts for when the price crosses the POC, ensuring timely notifications of potential trading opportunities.
📘 Enhanced Divergences Integration
Purpose : Detects and displays divergences between price movements and indicators to identify potential reversal points.
Usage : Toggle the display of divergences, select data sources, customize divergence colors, and use enhanced calculations for better trend analysis.
Display Divergences :
Description : Toggle to display or hide the detected divergences on the chart.
Details : Divergences occur when the price movement of an asset and a related indicator (e.g., volume or momentum) move in opposite directions. They are used to identify potential reversal points in the market. Regular divergences signal possible reversals, while hidden divergences can indicate continuation.
Data Source :
Description : Defines the timeframe from which to fetch data for analysis.
Details : Typically lower than the chart current timeframe for multi-timeframe analysis.
Divergence Colors :
Bearish Divergence Color : Sets the color for bearish divergence lines. Bearish divergences typically suggest potential downward price movement.
Bullish Divergence Color : Sets the color for bullish divergence lines. Bullish divergences typically indicate potential upward price movement.
Pivot Bars :
Left Bars : Number of bars to the left of the pivot point to consider. Helps in identifying the pivot high or low by looking back these many bars.
Right Bars : Number of bars to the right of the pivot point to consider. Assists in confirming a pivot point by ensuring no higher high or lower low is present within this range.
Display Hidden Divergences :
Description : When enabled, this setting reveals hidden divergences on the chart.
Details : Hidden divergences are a subtler form of divergence that often signal continuation rather than reversal. A hidden bullish divergence occurs when price makes a higher low while the indicator makes a lower low, suggesting the continuation of an uptrend. Conversely, a hidden bearish divergence occurs when price makes a lower high while the indicator makes a higher high, indicating the continuation of a downtrend. These divergences are particularly useful for identifying the strength of the current trend.
Dynamic Line Width Based on Divergence Count :
Description : When enabled, adjusts the width of the divergence line dynamically based on the count of divergences detected.
Details : This provides visual emphasis on stronger signals.
Enhanced Calculations :
Standard Deviation Calculation : Calculate the standard deviation for a given length to understand the volatility around the linear regression line.
Pearson's Correlation Calculation : Compute Pearson's R to measure the strength of the linear relationship between the price points and the linear regression line.
Slope and Intercept Calculation : Calculate the slope and intercept for the regression line, providing the basis for the projection.
Kernel Application : Optionally apply the RBF Kernel to the selected source data for smoothing and enhancing the regression calculations.
Dynamic Length Selection : Automatically select the optimal regression period based on the highest Pearson's R value, ensuring the most accurate trend representation.
Real-Time Updates : Continuously update the regression line and related calculations as new data becomes available, maintaining accuracy in real-time.
Alerts and Notifications : Set alerts for when the price crosses the linear regression projection line, notifying traders of significant market events.
Plotting Divergence Components :
Divergence Line Plotting : Automatically draw divergence lines based on historical data and the selected data source.
Label Customization : Customize the label for the divergence lines, including color and text, for clear identification on the chart.
Alerts for Divergences : Set alerts for when a divergence is detected, ensuring timely notifications of potential trading opportunities.
📘 Enhanced Average True Range Integration
Purpose : Measures market volatility using the Average True Range (ATR) to assist in identifying potential buy and sell points.
Usage : Set the ATR period, minimum tick filter, upper and lower coefficients, and customize ATR colors for better market analysis.
Show Labels :
Description : Enable or disable the display of labels for the Average True Range (ATR) indicator.
Details : This option controls whether the ATR signals (buy and sell) are shown on the chart with respective labels.
ATR Period :
Description : Sets the period for calculating the Average True Range (ATR).
Details : The ATR measures market volatility by calculating the average range of price movement over a specified period. A shorter period makes the ATR more sensitive to recent price movements, while a longer period smooths out short-term volatility.
Minimum Tick Filter :
Description : Sets the minimum tick filter for buy and sell signals.
Details : This filter ensures that the price movement is significant enough to be considered a valid signal. For example, a value of 20 means that the price must move at least 20 ticks from the open to the close to generate a signal.
Upper Coefficient :
Description : Sets the upper coefficient for band calculation.
Details : This value adjusts the sensitivity of the upper band used to detect high points. A higher coefficient makes the band wider, capturing more significant price movements, while a lower coefficient makes the band narrower, making it more sensitive to smaller price changes.
Lower Coefficient :
Description : Sets the lower coefficient for band calculation.
Details : This value adjusts the sensitivity of the lower band used to detect low points. A higher coefficient makes the band wider, capturing more significant price movements, while a lower coefficient makes the band narrower, making it more sensitive to smaller price changes.
ATR Colors :
Bullish Color : Sets the color for the bullish signal, helping to visually distinguish bullish trends.
Bearish Color : Sets the color for the bearish signal, helping to visually distinguish bearish trends.
Enhanced Calculations :
Dynamic Coefficient Calculation : Calculates dynamic coefficients based on market volatility, adjusting the sensitivity of ATR bands accordingly.
Band Calculation : Computes high and low bands using dynamic coefficients to detect significant price movements.
High/Low Point Detection : Identifies potential high and low points based on ATR band calculations and price thresholds.
Real-Time Updates : Continuously updates ATR calculations and signals as new data becomes available, ensuring accuracy in real-time.
Plotting ATR Components :
Signal Plotting : Plots bullish and bearish ATR signals on the chart based on calculated conditions.
Label Customization : Customize the labels for ATR signals, including color and text, for clear identification on the chart.
Alerts for Signals : Set alerts for detected bullish and bearish signals, ensuring timely notifications of potential trading opportunities.
📘 Enhanced ATR Visualization Parameters
Purpose : Provides a visual representation of market volatility using the ATR Strength Meter.
Usage : Toggle the display of the ATR Strength Meter, set thresholds, and customize its appearance for better market analysis.
Display ATR Strength Meter :
Description : Toggle to display or hide the ATR Strength Meter, a visual representation of market volatility.
Details : The meter is based on the Average True Range (ATR) and helps identify volatility trends.
High ATR Threshold :
Description : Set the threshold for high volatility.
Details : ATR values above this threshold indicate increased market volatility.
Low ATR Threshold :
Description : Set the threshold for low volatility.
Details : ATR values below this threshold indicate decreased market volatility.
Progression Bar Position :
Description : Select the position of the ATR Strength Meter on the chart.
Details : Options are "Top" or "Bottom", affecting where the volatility meter is displayed relative to price action.
Progress Bar Length :
Description : Set the horizontal length of the ATR Strength progression bar.
Details : Adjust to increase or decrease the bar's width, accommodating different chart sizes and user preferences.
Enhanced Calculations :
ATR Strength Calculation : Calculate the ATR strength to measure market volatility.
Dynamic Coefficients : Use dynamic coefficients based on volatility for more accurate calculations.
Progress Bar Calculation : Determine the position and color of the progression bar based on ATR strength.
Label Positioning : Dynamically position labels for minimum and maximum values to avoid overlap.
Plotting ATR Strength Meter :
Progression Bar Plotting : Plot the progression bar to represent the ATR strength.
Label Customization : Customize labels for the ATR strength, minimum, and maximum values.
📘 Enhanced Relative Strength Index Integration
(A special thanks to RumpyPumpyDumpy for allowing the private reuse of his script.)
Purpose : Measures market momentum using the Relative Strength Index (RSI) and Stochastic RSI to assist in identifying potential buy and sell points.
Usage : Set the RSI and StochRSI parameters, toggle the display of the RSI Meter, and customize its appearance for better market analysis.
RSI Calculation Parameters :
RSI Length : Defines the length of the RSI calculation.
Details : A longer period captures more data points but may reduce sensitivity.
RSI Overbought Level : Sets the overbought level for RSI.
Details : Values above this level indicate overbought conditions.
RSI Oversold Level : Sets the oversold level for RSI.
Details : Values below this level indicate oversold conditions.
StochRSI Length : Defines the length of the StochRSI calculation.
Details : A longer period captures more data points but may reduce sensitivity.
StochRSI %K Length : Defines the length of the %K line of the StochRSI.
StochRSI %D Length : Defines the length of the %D line (SMA of %K) of the StochRSI.
RSI Visualization Parameters :
Display RSI Meter : Toggle the display of the RSI Meter on the chart.
RSI Meter Size : Adjust the size of the RSI Meter displayed on the chart.
Details : Measured as the diameter of the meter. Increase the value for larger display size, enhancing visibility and making it easier to read the RSI trend at a glance.
Horizontal Offset : Move the RSI Meter horizontally across the chart.
Details : Positive values shift the meter to the left, allowing for placement adjustments relative to the chart's current view or specific visual preferences.
RSI Meter Components :
Sectors and Ticks : Draw sector arcs and tick marks around the RSI Meter to represent different RSI levels and thresholds.
Needle : Draw the needle on the RSI Meter to indicate the current RSI value.
Sector Labels : Label each sector of the RSI Meter to indicate market conditions like "Strong Buy," "Buy," "Neutral," "Sell," and "Strong Sell."
Title Label : Draw the title label for the RSI Meter displaying the RSI value and its period.
Enhanced Calculations :
RSI Calculation : Calculate the RSI using the built-in function with the specified length and source.
StochRSI Calculation : Calculate StochRSI values using the specified lengths for RSI, %K, and %D.
Dynamic Line Management : Efficiently manage and update dynamically created line objects to prevent potential memory leaks.
Optimized Sector and Needle Drawing : Enhanced the drawing functions for sectors, needles, and ticks to improve visual clarity and performance.
Plotting RSI Meter :
Sector Plotting : Draw the sectors on the RSI Meter using specified colors and widths to represent different RSI levels and thresholds.
Needle Plotting : Plot the needle on the RSI Meter based on the calculated RSI value to visually indicate the current RSI level.
Tick Plotting : Plot tick marks around the RSI Meter to denote key RSI levels and thresholds for better readability.
Label Plotting : Draw sector labels and a title label on the RSI Meter to provide context and information about the RSI levels and their corresponding market conditions.
📘 Market Sentiment Integration
Purpose : Analyzes market sentiment using various indicators to provide an overall sentiment score.
Usage : Enable or disable individual sentiment indicators, set account type, and customize sentiment calculations for better market analysis.
Volatility Index (IV) :
Description : Enable or disable the use of the Volatility Index in sentiment calculation.
Details : When enabled, the Volatility Index (IV) provides insight into market sentiment by measuring market volatility. The selected Volatility Index varies based on your TradingView account type.
Account Type :
Description : Select your TradingView account type.
Details : Free accounts use SPX, while Premium accounts use VIX.
Put/Call Ratio (PCR) :
Description : Enable or disable the use of the Put/Call ratio in sentiment calculation.
Details : The Put/Call ratio is a sentiment indicator that measures the volume of put options traded relative to call options, indicating market sentiment towards bearish or bullish expectations.
Fear and Greed Index :
Description : Enable or disable the use of the Fear and Greed Index in sentiment calculation.
Details : The Fear and Greed Index gauges the prevailing emotions in the market, indicating whether investors are inclined towards fear (bearish sentiment) or greed (bullish sentiment).
Momentum Indicators :
Description : Enable or disable the use of momentum indicators like MACD and RoC in sentiment calculation.
Details : Momentum indicators help identify the strength and direction of price movements, assisting in sentiment analysis.
Adaptive Periods for Shorter Timeframes :
Description : Toggle this option to use shorter periods for sentiment indicators when analyzing lower timeframes.
Details : Enabling this option allows for more responsive and sensitive analysis when working with shorter timeframes.
Calculation Details :
Normalization Function : Normalize the values of the indicators over a 252-period range.
Set Periods Function : Set periods based on user preference for faster or slower periods, adjusting the analysis sensitivity.
IV Calculation : Calculate the IV value based on the selected Volatility Index (SPX for Free accounts, VIX for Premium accounts).
Put/Call Ratio Calculation : Calculate the Put/Call ratio using volume data, where put volume is proportional to the trading range, and call volume is proportional to the price change.
RoC Calculation : Calculate the Rate of Change (RoC) as a momentum indicator, measuring the percentage change in closing prices over a specified period.
Dynamic Thresholds : Define dynamic thresholds based on historical data, calculating mean and standard deviation to determine upper and lower thresholds for IV, PCR, and RoC.
📘 Enhanced Market Trend Dashboard Integration
Purpose : Provides a summary of key market indicators and signals in a single dashboard for quick and easy reference.
Usage : Customize the dashboard settings to display relevant market information, including Ichimoku components, Linear Regression, Support/Resistance levels, MACD, RSI, and Market Sentiment.
Market Trend Dashboard Parameters :
Display Market Trend Dashboard : Toggle to show or hide the market trend dashboard, providing a summary of key indicators and signals.
Panel Position : Select the position of the dashboard on the chart for optimal viewing.
Panel Text Size : Choose the text size for the information displayed in the dashboard, ensuring readability.
Panel Background Color : Set the background color of the market trend dashboard, enhancing contrast with the chart.
Ichimoku Dashboard Parameters :
Display Ichimoku Dashboard : Toggle to show or hide the Ichimoku section in the dashboard.
Display Tenkan-Sen Price Cross : Indicate when the price crosses the Tenkan-Sen line, signaling potential trade opportunities.
Display Kijun-Sen Price Cross : Indicate when the price crosses the Kijun-Sen line, often considered a stronger signal than Tenkan-Sen crosses.
Display Chikou Span Price Cross : Indicate Chikou Span price crosses, providing insight into potential trend reversals.
Display Kumo Breakout : Indicate Kumo (cloud) breakouts, which can signify major trend shifts.
Display Kumo Twist : Indicate Kumo twists, suggesting changing market dynamics and potential reversals.
Linear Regression Projection Dashboard Parameters :
Display LR Projection Dashboard : Toggle to show or hide the Linear Regression Projection section in the dashboard.
Display Linear Regression Period : Indicate the period used for Linear Regression Projection analysis.
Display Pearson R Details : Show the Pearson R value in the dashboard, indicating the strength and direction of the correlation in the Linear Regression Projection.
Supports and Resistances Dashboard Parameters :
Display S/R Dashboard : Toggle to show or hide the Support and Resistance section in the dashboard.
Display S/R Break Prices : Show the latest break prices of support and resistance levels in the dashboard.
MACD Dashboard Parameters :
Display MACD Dashboard : Toggle to show or hide the MACD section in the dashboard.
RSI Dashboard Parameters :
Display RSI Dashboard : Toggle to show or hide the Relative Strength Index section in the dashboard.
Display RSI Details : Show the RSI value and status in the dashboard.
Display StochRSI Details : Show the StochRSI %K, %D values and status in the dashboard.
Market Sentiment Dashboard Parameters :
Display Market Sentiment Dashboard : Enable or disable the display of the Market Sentiment Dashboard, which summarizes key market sentiment indicators like Implied Volatility, Put/Call Ratio, and Fear and Greed Index.
Display Implied Volatility Details : Show or hide the Implied Volatility details in the Market Sentiment Dashboard.
Display Put/Call Ratio Details : Show or hide the Put/Call Ratio details in the Market Sentiment Dashboard.
Display Fear and Greed Index Details : Show or hide the Fear and Greed Index details in the Market Sentiment Dashboard.
Enhanced Calculations :
Ichimoku Cloud Trend Calculation : Calculates trend based on the relationship between Ichimoku Cloud components, identifying bullish or bearish trends.
Support and Resistance Break Detection : Detects breaks in support and resistance levels and updates the dashboard accordingly.
Linear Regression Projection Calculation : Calculates Linear Regression Projection and Pearson R value for trend analysis.
MACD Signal Calculation : Determines MACD status based on histogram values.
RSI and StochRSI Calculation : Calculates RSI and StochRSI values and updates their statuses in the dashboard.
Market Sentiment Score Calculation : Calculates overall market sentiment score based on individual sentiment indicators.
Dynamic Alert Management : Manages alerts for various dashboard signals to prevent repeated alerts.
Real-Time Data Integration : Continuously updates the dashboard with real-time data for accurate and current trend analysis.
Plotting Market Trend Dashboard Components :
Ichimoku Components Plotting : Plots Tenkan-Sen, Kijun-Sen, Chikou Span, and Kumo cloud with dynamic adjustments.
Support and Resistance Levels Plotting : Plots support and resistance levels and updates them dynamically based on market data.
Linear Regression Projection Plotting : Plots the Linear Regression Projection line and labels with trend-based colors.
MACD and RSI Plotting : Plots MACD and RSI signals on the dashboard, including status updates.
Market Sentiment Indicators Plotting : Plots Market Sentiment indicators like IV, PCR, and Fear and Greed Index with dynamic updates.
Alert Notifications Plotting : Plots alert notifications for significant market changes based on dashboard signals.
Summary
This comprehensive market analyzer integrates multiple technical indicators, including machine learning, Ichimoku Kinkō Hyō, candlestick patterns, Fibonacci retracement, support and resistance levels, trend lines, linear regression, POC analysis, divergences, ATR, RSI, and market sentiment. Each section includes detailed descriptions and usage instructions to help traders understand how to effectively utilize the indicator in their trading strategies.
In den Scripts nach "ichimoku" suchen
TradeChartist Tracker™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 is an essential real-time multi Indicator tracking toolkit that can be plotted as a standalone Indicator plot, a multi symbol tracker/screener for upto 10 different symbols and a visual scorecard for upto 5 different symbols. The indicators included in the tracker are Stochastic Oscillator, RSI, CCI, 15 different Moving Averages, MACD, Bollinger Bands %B (including Bollinger Bands and Breakout Signals), Ichimoku Cloud (including Breakout signals), Donchian Channels Oscillator (including Donchian Channels and Breakout Signals), Net Volume and Heikin Ashi Trend.
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™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 𝗨𝘀𝗲𝗿 𝗠𝗮𝗻𝘂𝗮𝗹
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™TradeChartist Tracker Plot Types
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1. Indicator plot of Chart Symbol on its own , chosen from the 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 𝗧𝘆𝗽𝗲 dropdown, enabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝).
In this example Daily chart of XRP-USDT, 55 period Stochastic is tracked for the chart symbol XRP-USDT.
2. Indicator plot of a Symbol different from the Chart Symbol , chosen from the 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 𝗧𝘆𝗽𝗲 dropdown by enabling Tʀᴀᴄᴋ ᴀɴᴏᴛʜᴇʀ Sʏᴍʙᴏʟ's Iɴᴅɪᴄᴀᴛᴏʀ and entering the symbol name in the Sʏᴍʙᴏʟ ᴛᴏ Tʀᴀᴄᴋ input box, whilst keeping 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝) enabled.
In this example Daily chart of XRP-USDT, 55 period Stochastic is tracked for the BTC-USD (different from chart symbol XRP-USDT).
3. Tracker Plot of up to 10 Multiple Symbol Trackers for the Indicator chosen from the 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 𝗧𝘆𝗽𝗲 dropdown, by disabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝) and by entering the number of trackers required in the 𝐍𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐓𝐫𝐚𝐜𝐤𝐞𝐫𝐬 input box under 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 𝗣𝗹𝗼𝘁𝘀 section. Upto 10 Symbols can be tracked and can be input by the user in the input boxes from Sʏᴍʙᴏʟ 1,...Sʏᴍʙᴏʟ 10 . 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝) must be disabled for this plot type.
In this example Daily chart of Crypto Total Market Cap, Bollinger Bands %B is tracked for the chart symbol + 10 other Crypto symbols using Multi Symbol Trackers
4. Visual Scorecards of up to 5 Symbols for 8 indicators (all except Net Volume and HA Trend) can be plotted with real-time data by enabling 𝗗𝗶𝘀𝗽𝗹𝗮𝘆 𝗩𝗶𝘀𝘂𝗮𝗹 𝗦𝗰𝗼𝗿𝗲𝗰𝗮𝗿𝗱 - (𝟓 𝐓𝐫𝐚𝐜𝐤𝐞𝐫𝐬 𝐋𝐢𝐦𝐢𝐭). 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝) must be disabled for this plot type.
For the same example Daily chart of Crypto Total Market Cap as above, Visual Scorecard is plotted for 5 Symbols as shown.
5. Indicator Tracker labels can be plotted on Price chart by overlaying the Tracker on main chart and by switching from Separate Tracker Pane - Default to Tracker Labels only on Price Scale in the Lᴀʙᴇʟs Dɪsᴘʟᴀʏ Tʏᴘᴇ dropdown box.
In this example chart of 1hr XLM-USDT, Tracker labels of 55 EMA are plotted for 10 different symbols along with the 55 EMA plot of XLM-USDT.
Indicator plot that doesn't fit on price scale can be visualised using a second Tracker added to chart as shown in the ETH-USDT example below tracking Net Volume.
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𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝗱 𝗶𝗻 ™𝗧𝗿𝗮𝗱𝗲𝗖𝗵𝗮𝗿𝘁𝗶𝘀𝘁 𝗧𝗿𝗮𝗰𝗸𝗲𝗿
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1. Stochastic Oscillator
2. RSI
3. CCI
4. MA - (15 types included)
5. MACD
6. Bollinger Bands %B + Optional plots of Bollinger Bands and Breakout Signals
7. Ichimoku Cloud Oscillator + Optional plots of Ichimoku Cloud and Breakout Signals
8. Donchian Channels + Optional plots of Donchian Channels and Breakout Signals
9. Net Volume
10. Heikin Ashi Trend
All of the above indicators can be plotted as independent plots of the Chart Symbol or of a different symbol by enabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝). Some Oscillators have the option of Pʟᴏᴛ Sᴛʏʟᴇ under their relevant sections, and can be plotted as line, area or a histogram.
Oscillators 1-8 (except 4) require source price, lookback length and smoothing (where available) for the indicator plot. The colour of the tracker blocks is based on the Upper/Lower bands (where available), specified by the user in the respective sections. For example, if the RSI indicator is chosen to be plotted with Upper band at 60 and Lower band at 40, the tracker blocks and the Indicator plot paint the values between 40 and 60 in neutral colour which can be changed from the settings.
Multi Window BTC-USDT 1hr example chart below with various indicators from ™TradeChartist Tracker.
Note: The tracker colour is exactly colour of the Indicator Plot. The Visual Scorecard , however uses the mid values and doesn't take into account the bands specified by the user. For example, RSI score is green on the Visual Scorecard as long as RSI is above 50 and doesn't get affected by the user specified upper/lower band and this applies to all Oscillators. This is shown in the 1hr BTC-USDT chart below.
Moving Averages (MA) and MACD
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Tracker plots and tracks one of 15 Moving Averages that can be chosen from the MA ᴛʏᴘᴇ and by specifying the MA Lᴇɴɢᴛʜ .
MACD uses EMA as default for calculating the MACD plots and Tracker data using Fᴀsᴛ Lᴇɴɢᴛʜ , Sʟᴏᴡ Lᴇɴɢᴛʜ and Sᴍᴏᴏᴛʜɪɴɢ . To experiment or use a different Moving Average to calculate MACD, disable 𝐔𝐬𝐞 𝐄𝐌𝐀 (Uɴᴄʜᴇᴄᴋ ᴛᴏ ᴜsᴇ MA ғʀᴏᴍ ᴀʙᴏᴠᴇ) and select the required Moving Average from MA ᴛʏᴘᴇ drop down of the 𝟰. 𝗠𝗼𝘃𝗶𝗻𝗴 𝗔𝘃𝗲𝗿𝗮𝗴𝗲 section.
Bollinger Bands %B + Optional plots of Bollinger Bands and Breakout Signals
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Bollinger Bands %B is a companion oscillator for Bollinger Bands and helps depict where the price is, in relation to the Bollinger Bands. To plot the actual Bollinger Bands, enable Dɪsᴘʟᴀʏ Bᴏʟʟɪɴɢᴇʀ Bᴀɴᴅs and to plot the Bollinger Bands Breakout Signals, enable Sʜᴏᴡ BB Bʀᴇᴀᴋᴏᴜᴛ Sɪɢɴᴀʟs , with 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝) enabled.
Ichimoku Cloud Oscillator + Optional plots of Ichimoku Cloud and Breakout Signals
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Ichimoku Cloud Oscillator helps visualize the current price in relation to the breakout support/resistance of the Ichimoku Cloud using strict Ichimoku Cloud criteria (including Chikou Span agreeing with the breakout etc.). To plot the actual Ichimoku Cloud, enable Dɪsᴘʟᴀʏ Iᴄʜɪᴍᴏᴋᴜ Cʟᴏᴜᴅ and to plot the Kumo Breakout Signals, enable Sʜᴏᴡ Kᴜᴍᴏ Bʀᴇᴀᴋᴏᴜᴛ Sɪɢɴᴀʟs , with 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝) enabled.
Cloud Settings form the fundamental factor for this indicator to detect the breakouts. The settings for the Ichimoku Cloud is Automatic (detects right settings for the symbol type) by default, but this can be changed to Classic or 24/7 Crypto , based on the user preference from the settings under 𝐂𝐥𝐨𝐮𝐝 𝐓𝐲𝐩𝐞, which also includes a manual input option. Ichimoku traders can experiment different settings combinations under manual settings to suit their trading frequency and timeframe traded.
Donchian Channels + Optional plots of Donchian Channels and Breakout Signals
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Donchian Channels comprises of three plots - a upper band, a lower band and a mean line (or mid line of the channel). The upper band is based on highest high of N periods specified by the user and the lower band is based on the lowest low of N periods specified by the user. These channels help spot price breaching high or low of last N periods clearly, thereby aiding the trader to understand the price action of any symbol better on any given timeframe.
Donchian Channels Oscillator helps visualize the current price in relation to the Mean line of the Donchian Channels of user specified lookback period (specified in the Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ input box). The sensitivity of the oscillator can be adjusted using smoothing factor in the Sᴍᴏᴏᴛʜɪɴɢ input box. To plot the actual Donchian Channels, enable Dɪsᴘʟᴀʏ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟs and to plot the Donchian Channels Breakout Signals, enable Sʜᴏᴡ DC Bʀᴇᴀᴋᴏᴜᴛ Sɪɢɴᴀʟs , with 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫 𝐏𝐥𝐨𝐭 (𝐝𝐢𝐬𝐚𝐛𝐥𝐞𝐬 𝐓𝐫𝐚𝐜𝐤𝐞𝐫/𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝) enabled.
Note: Using smoothing factor more than 1 doesn't reflect the actual Donchian Channels Mean line and also impacts the Tracker block colours.
Net Volume and Heikin Ashi Trend
-------------------------------------------------------
Net Volume and Heikin Ashi Trend can be tracked and plotted for up to 10 symbols in addition to the chart symbol, but both Net Volume and Heikin Ashi Trend are not included in the Visual Scorecard. Since the colour of the Net Volume depends on candle being bullish or bearish, it can help the user visualize if the current candle close of the symbol tracked is above or below the symbols's candle open.
Note: Bar Replay doesn't update the bar by bar indicator plot for historic bars for symbols other than the chart symbol. However, the Indicator Plot is perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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𝗩𝗶𝘀𝘂𝗮𝗹 𝗦𝗰𝗼𝗿𝗲𝗰𝗮𝗿𝗱
=================
Visual Scorecard plots a green Bull or a red Bear Score colour plot for each Indicator from RSI to Donchian Channels Oscillator against every symbol tracked for up to 5 symbols max (First 5 symbols under 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 𝗣𝗹𝗼𝘁𝘀 section). The gap between the scores can be adjusted using gap factor under Gᴀᴘ Fᴀᴄᴛᴏʀ ʙᴇᴛᴡᴇᴇɴ Sᴄᴏʀᴇs dropdown.
Visual Scorecard scoring method
----------------------------------------------------
RSI > 50 - 🟢
RSI < 50 - 🔴
Stoch > 50 - 🟢
Stoch < 50 - 🔴
CCI > 0 - 🟢
CCI < 0 - 🔴
Close price above MA plot - 🟢
Close price below MA plot - 🔴
MACD > 0 - 🟢
MACD < 0 - 🔴
Bollinger Bands %B > 50 - 🟢
Bollinger Bands %B < 50 - 🔴
Ichimoku Bullish Kumo Trend - 🟢
Ichimoku Bearish Kumo Trend - 🔴
Donchian Channels Oscillator > 0 (or close price above DC Mean Line) - 🟢
Donchian Channels Oscillator < 0 (or close price below DC Mean Line) - 🔴
Note: Bar Replay doesn't update the bar by bar scores/tracker data for historic bars for symbols other than the chart symbol. However, the Scorecard is perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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𝗠𝘂𝗹𝘁𝗶 𝗦𝘆𝗺𝗯𝗼𝗹 𝗧𝗿𝗮𝗰𝗸𝗲𝗿𝘀/𝗟𝗮𝗯𝗲𝗹𝘀
=============================
Multi Symbol Tracker blocks continuously track the real-time indicator data of up to 10 symbols (in addition to the chart symbol) based on the number of Symbol Trackers preferred in the 𝐍𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐒𝐲𝐦𝐛𝐨𝐥 𝐓𝐫𝐚𝐜𝐤𝐞𝐫𝐬 (𝟎-𝟏𝟎) input box under the 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 𝗣𝗹𝗼𝘁𝘀 section, and plots Bull, Bear and Neutral colour coded blocks based on both the indicator selected and settings preferred by the user under the relevant indicator section.
Multi Symbol Tracker Labels also continuously track the real-time indicator data in addition to the last close price (if 𝐒𝐡𝐨𝐰 𝐏𝐫𝐢𝐜𝐞 is enabled under 𝗧𝗿𝗮𝗰𝗸𝗲𝗿 𝗣𝗹𝗼𝘁𝘀 section), which helps user see the real-time changes in the indicator values and price changes of the symbols tracked.
The Tracker Label colours are exactly the same as the Tracker Block colours and are filtered based on the user preferred bands on the Oscillator values. This is slightly different to the Visual Scorecard Colour coding as the range between the user preferred bands is colour coded in a neutral colour, whereas the Scorecard uses only Bull and Bear Colours as explained in the 𝗩𝗶𝘀𝘂𝗮𝗹 𝗦𝗰𝗼𝗿𝗲𝗰𝗮𝗿𝗱 heading above. For example, if the user prefers RSI upper band of 60 and lower band of 40, the range between the values of 40 and 60 will be colour coded in neutral colour which can be changed from the 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 section of the indicator settings.
Note 1: Default settings are based on the Oscillator mid values and hence the Tracker Blocks match with the Visual Scorecard colour codes. Using Upper and Lower bands for oscillators help spot the oversold and overbought zones and also helps spot breakout threshold based on Indicator values specified by the user. Example chart with visual depiction below using RSI.
Note 2: Bar Replay doesn't update the bar by bar scores/tracker data for historic bars for symbols other than the chart symbol. However, the Tracker blocks/labels are perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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Frequently Asked Questions
========================
Q: When I load the ™TradeChartist Tracker, why are the values in the labels blurred sometimes?
A: This happens occasionally as shown in the chart below, when the script is loaded for the first time or when a different setting is used.
To resolve this, just hide and unhide the script using the 👁 next to the Indicator title. If it is not visible, just hover the mouse/crosshair over the Indicator Title and it will be visible.
Q: Why does the indicator plot, tracker blocks and labels of Symbols being tracked, not update when I use Bar Replay?
A: As explained in the relevant sections above, historic data for bars and indicators other than chart symbol doesn't update on bar replay. But the chart symbol data does update for every bar on bar replay. This doesn't affect the real-time values and block colours for the symbols tracked.
Q: Can I track real-time values of a currently trading symbol when I'm on a symbol chart that is inactive? For example, can I see labels with real-time BTC values on a Sunday when I'm on a SPX chart when its not in session?
A: Simple answer is no. This is because, the plots are based on bar times of the chart and the symbols are tracked based on the bar time. So if the SPX session ended on Friday, the last known value of the BTC labels will be from Friday and hence it is always recommended to track symbols from a symbol chart that is in session.
Q: Does ™TradeChartist Tracker repaint?
A: This indicator doesn't repaint but it is not recommended to trade a different symbol from the chart based on the real-time data alone without checking if the current symbol chart is in session as inactive price chart will not have updated data on symbols tracked. Also, bar replay doesn't work on data pulled from external symbol data than the chart symbol, but signals confirmed at candle close and confirmed by Tracker blocks with appropriate colour code will be in agreement with the respective indicator and can be double checked for building trust and confidence on the indicator.
Q: Can ™TradeChartist Tracker be connected to other indicators as external source?
A: Yes. ™TradeChartist Tracker can be connected to another script and there are several use cases in doing so. A couple of examples are shown below.
1. ™TradeChartist Tracker 's Bollinger Bands %B 𝗜𝗻𝗱𝗶𝗰𝗮𝘁𝗼𝗿 𝗣𝗹𝗼𝘁 connected to ™TradeChartist Plotter to plot Divergences on the 4hr XAU-USD main price chart.
2. ™TradeChartist Tracker 's 𝐁𝐫𝐞𝐚𝐤𝐨𝐮𝐭 𝐓𝐫𝐞𝐧𝐝 𝐈𝐝𝐞𝐧𝐭𝐢𝐟𝐢𝐞𝐫 connected to ™TradeChartist Plug and Trade as Oscillatory Signal with 0/0 to generate trade signals with Targets and performance information on trades.
More Example Charts
==================
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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Ghost Matrix [Bit2Billions]Ghost Matrix — Institutional Market Structure Engine
*A unified price-mapping system built on original logic, designed for professional-grade market structure analysis.*
Ghost Matrix is a closed-source script engineered to give traders a single, coherent view of liquidity, structure, swings, trend pressure, and institutional behavior across all time horizons.
It is not a mashup of public indicators. Every module is built around the same proprietary internal engines, ensuring consistency, originality, and practical trading value.
The script’s purpose is to solve a common problem among traders: multiple indicators producing conflicting signals.
Ghost Matrix consolidates structure, liquidity, momentum, zone logic, and higher-timeframe context into one synchronized framework.
Ghost Matrix is driven by three custom systems:
1. Proprietary Swing & Pivot Engine (Ghost Swing Engine)
This engine determines market turning points using:
* Adaptive displacement logic
* Dynamic pivot length calculations
* Fractal-strength scoring
* Multi-tier swing confirmation
These swings act as the foundation for BOS, CHoCH, liquidity lines, and zone detection.
This method is not based on standard fractals, ZigZag, or public swing scripts.
2. Structural Mapping Engine (Institutional Model Layer)
This system evaluates structure in the same narrative sequence used by advanced traders:
* Internal vs. external structure
* Trend progression vs. structural failure
* Strength/weakness of highs & lows
* Volatility-based CHoCH/BOS validation
This ensures structure is not drawn based on a single candle pattern, but from a multi-step decision model.
3. Adaptive Confluence Engine
Trend, volume, zones, and momentum modules respond to the structure engine, producing *contextual* signals instead of isolated indicators.
This includes:
* Adaptive moving average engine (custom smoothing + gradient logic)
* Demand/supply zones derived from momentum + displacement + volume footprints
* Ichimoku behavior model (crosses, twists, regime shifts)
* Multi-pivot target engine
This creates a full ecosystem rather than individual tools merged together.
Why This Script Has Genuine Value
✔ A unified structural ecosystem (not a mashup)
Every module connects to the same logic layers so the chart tells one consistent story.
✔ Proprietary decision-making logic
Swing detection, structure interpretation, liquidity lines, and zones are built from original formulas—not from built-ins or simple replications.
✔ A visual-first trading workflow
All visuals are designed for institutional-style reading:
* Structure confirmation
* Liquidity reach & sweep behavior
* Swing-to-fractal alignment
* Momentum vs. structural conflict
* Regime shifts through Ichimoku + MA pressure
✔ Designed for traders who rely on narrative-based execution
The indicator replaces:
* Manual swing marking
* Structure identification
* BOS/CHOCH tracking
* Liquidity mapping
* Zone drawing
* Trend mapping
* Volume context
* HTF candle overlays
All in a single, consistent tool.
Key Components & Intent
Market Structure Module (ICT/SMC Integration)
Detects:
* BOS / CHOCH
* BMS / SMS
* Internal / external structure
* IDM
* Liquidity lines (LQDT / Dynamic LQDT)
* FVG, EQH, EQL
* Strong/weak swing points
Purpose: provide a complete reading of institutional structure transitions.
Swing Visualization
Includes:
* Swing highs/lows
* Horizontal levels
* Connector lines
* Extension shadows
* Swing summary tables
Purpose: show turning points with clarity and narrative continuity.
Demand & Supply Zone Engine
Zones consider:
* Momentum displacement
* Volume presence
* Swing strength
* Structural side (pro-trend vs. corrective)
Purpose: highlight zones institutional traders monitor.
Adaptive Trend Model
Custom gradient-based MA system that reacts to:
* Volatility
* Momentum shifts
* Directional strength
Purpose: provide dynamic trend insight, not static MA interpretation.
Ichimoku Regime State (Modified)
Includes:
* TK Cross
* Kijun Cross
* Chikou interactions
* Kumo breakouts + twists
Purpose: define regime shifts and trend environments.
Aggregated Candles (Enhanced Same-Timeframe View)
Provides a refined, information-rich candle structure using the current chart’s timeframe only, offering deeper behavior insights without switching charts.
Dashboard
Shows:
* Swing direction
* CISD structure state
* Fractal alignment %
* Ichimoku events
* Consolidated signals
Visual Design (Clutter-Free Standard)
* Only real-time labels appear; historical labels stay hidden for clarity.
* Consistent, structured line styles:
* Trendlines: solid green/red
* CHOCH: dashed red/green
* BOS: solid red/green
* LQDT/Dynamic: yellow dotted
* EQH/EQL: red/green dotted
* CISD & IDM: gray dotted
This color logic helps traders read structure quickly.
Recommended Use
* Best on: 15m, 1H, 4H, Daily, Weekly
* Works across: crypto, forex, indices, liquid equities
* Pivot tools may show noise on illiquid markets
Performance Notes
* Heavy modules can draw many objects → disable what you don’t need
* Refresh chart if historical buffer limits are reached
* All TV object limits are handled internally
License
* proprietary script © 2025
* Independently developed logic and visualization system
* Redistribution, resale, sharing, or decompilation strictly prohibited
* Any similarity to public concepts is due to overlap with common trading methodologies
Disclaimer
This tool is for educational and research purposes only.
Not financial advice.
Always test responsibly.
FAQs
* Source is intentionally closed
* Alerts can be manually created
* Modules can be toggled
* Designed for multi-market, multi-timeframe workflow
About Ghost Trading Suite
Author: BIT2BILLIONS
Project: Ghost Trading Suite © 2025
Indicators: Ghost Matrix, Ghost Protocol, Ghost Cipher, Ghost Shadow
Strategies: Ghost Robo, Ghost Robo Plus
Pine Version: V6
The Ghost Trading Suite is designed to simplify and automate many aspects of chart analysis. It helps traders identify market structure, divergences, support and resistance levels, and momentum efficiently, reducing manual charting time.
The suite includes several integrated tools — such as Ghost Matrix, Ghost Protocol, Ghost Cipher, Ghost Shadow, Ghost Robo, and Ghost Robo Plus — each combining analytical modules for enhanced clarity in trend direction, volatility, pivot detection, and momentum tracking.
Together, these tools form a cohesive framework that assists in visualizing market behavior, measuring momentum, detecting pivots, and analyzing price structure effectively.
This project focuses on providing adaptable and professional-grade tools that turn complex market data into clear, actionable insights for technical analysis.
Crafted with 💖 by BIT2BILLIONS for Traders. That's All Folks!
Changelog
v1.0 — Core Release
* Added Custom Heikin-Ashi Candles for dust-free, clutter-free charting.
* Introduced Price Line overlay for clean close-price visualization.
* Implemented Adaptive Moving Averages with smooth transitions and gradient coloring.
* Added Intelligent Swing Detection with horizontal lines, shadow extensions, connectors, labels, and summary tables.
* Introduced full Market Structure (ICT & SMC) Mapping including short-, mid-, and long-term structures, IDM, LQDT, Dynamic LQDT, CISD, FVGs, EQH, EQL, premium/discount zones, weak/strong highs and lows, and order blocks.
* Added Demand & Supply Zones with adaptive institutional detection, highlighted boxes, and auto-labeling.
* Integrated Targets (Pivot Systems) supporting Camarilla, Fibonacci, Woodie, and other pivot levels.
* Added Aggregated Candles combining real-time and historical data for multi-timeframe analysis.
* Added General Dashboard consolidating swing direction, CISD state, structure alignment, Ichimoku signals, and overall market overview.
* Included Trend Lines & Ichimoku Modules for enhanced visual market context.
FxAST Ichi ProSeries Enhanced Full Market Regime EngineFxAST Ichi ProSeries v1.x is a modernized Ichimoku engine that keeps the classic logic but adds a full market regime engine for any market and instrument.”
Multi-timeframe cloud overlay
Oracle long-term baseline
Trend regime classifier (Bull / Bear / Transition / Range)
Chikou & Cloud breakout signals
HTF + Oracle + Trend dashboard
Alert-ready structure for automation
No repainting: all HTF calls use lookahead_off.
1. Core Ichimoku Engine
Code sections:
Input group: Core Ichimoku
Function: ichiCalc()
Variables: tenkan, kijun, spanA, spanB, chikou
What it does
Calculates the classic Ichimoku components:
Tenkan (Conversion Line) – fast Donchian average (convLen)
Kijun (Base Line) – slower Donchian average (baseLen)
Senkou Span A (Span A / Lead1) – (Tenkan + Kijun)/2
Senkou Span B (Span B / Lead2) – Donchian over spanBLen
Chikou – current close shifted back in time (displace)
Everything else in the indicator builds on this engine.
How to use it (trading)
Tenkan vs Kijun = short-term vs medium-term balance.
Tenkan above Kijun = short-term bullish control; below = bearish control.
Span A / B defines the cloud, which represents equilibrium and support/resistance.
Price above cloud = bullish bias; price below cloud = bearish bias.
Graphic
2. Display & Cloud Styling
Code sections:
Input groups: Display Options, Cloud Styling, Lagging Span & Signals
Variables: showTenkan, showKijun, showChikou, showCloud, bullCloudColor, bearCloudColor, cloudLineWidth, laggingColor
Plots: plot(tenkan), plot(kijun), plot(chikou), p1, p2, fill(p1, p2, ...)
What it does
Lets you toggle individual components:
Show/hide Tenkan, Kijun, Chikou, and the cloud.
Customize cloud colors & opacity:
bullCloudColor when Span A > Span B
bearCloudColor when Span A < Span B
Adjust cloud line width for clarity.
How to use it
Turn off components you don’t use (e.g., hide Chikou if you only want cloud + Tenkan/Kijun).
For higher-timeframe or noisy charts, use thicker Kijun & cloud so structure is easier to see.
Graphic
Before
After
3. HTF Cloud Overlay (Multi-Timeframe)
Code sections:
Input group: HTF Cloud Overlay
Vars: showHTFCloud, htfTf, htfAlpha
Logic: request.security(..., ichiCalc(...)) → htfSpanA, htfSpanB
Plots: pHTF1, pHTF2, fill(pHTF1, pHTF2, ...)
What it does
Pulls higher-timeframe Ichimoku cloud (e.g., 1H, 4H, Daily) onto your current chart.
Uses the same Ichimoku settings but aggregates on htfTf.
Plots an extra, semi-transparent cloud ahead of price:
Greenish when HTF Span A > Span B
Reddish when HTF Span B > Span A
How to use it
Trade LTF (e.g., 5m/15m) only in alignment with HTF trend:
HTF cloud bullish + LTF Ichi bullish → look for longs
HTF cloud bearish + LTF Ichi bearish → look for shorts
Treat HTF cloud boundaries as major S/R zones.
Graphic
4. Oracle Module
Code sections:
Input group: Oracle Module
Vars: useOracle, oracleLen, oracleColor, oracleWidth, oracleSlopeLen
Logic: oracleLine = donchian(oracleLen); slope check vs oracleLine
Plot: plot(useOracle ? oracleLine : na, "Oracle", ...)
What it does
Creates a long-term Donchian baseline (default 208 bars).
Uses a simple slope check:
Current Oracle > Oracle oracleSlopeLen bars ago → Oracle Bull
Current Oracle < Oracle oracleSlopeLen bars ago → Oracle Bear
Slope state is also shown in the dashboard (“Bull / Bear / Flat”).
How to use it
Think of Oracle as your macro anchor :
Only take longs when Oracle is sloping up or flat.
Only take shorts when Oracle is sloping down or flat.
Works well combined with HTF cloud:
HTF cloud bullish + Oracle Bull = higher conviction long bias.
Ideal for Gold / Indices swing trades as a trend filter.
Graphic idea
5. Trend Regime Classifier
Code sections:
Input group: Trend Regime Logic
Vars: useTrendRegime, bgTrendOpacity, minTrendScore
Logic:
priceAboveCloud, priceBelowCloud, priceInsideCloud
Tenkan vs Kijun alignment
Cloud bullish/bearish
bullScore / bearScore (0–3)
regime + regimeLabel + regimeColor
Visuals: bgcolor(regimeColor) and optional barcolor() in priceColoring mode.
What it does
Scores the market in three dimensions :
Price vs Cloud
Tenkan vs Kijun
Cloud Direction (Span A vs Span B)
Each condition contributes +1 to either bullScore or bearScore .
Then:
Bull regime when:
bullScore >= minTrendScore and bullScore > bearScore
Price in cloud → “Range”
Everything else → “Transition”
These regimes are shown as:
Background colors:
Teal = Bull
Maroon = Bear
Orange = Range
Silver = Transition
Optional candle recoloring when priceColoring = true.
How to use it
Filters:
Only buy when regime = Bull or Transition and Oracle/HTF agree.
Only sell when regime = Bear or Transition and Oracle/HTF agree.
No trade zone:
When regime = Range (price inside cloud), avoid new entries; wait for break.
Aggressiveness:
Adjust minTrendScore to be stricter (3) or looser (1).
Graphic
6. Signals: Chikou & Cloud Breakout
Code sections :
Logic:
chikouBuySignal = ta.crossover(chikou, close)
chikouSellSignal = ta.crossunder(chikou, close)
cloudBreakUp = priceInsideCloud and priceAboveCloud
cloudBreakDown = priceInsideCloud and priceBelowCloud
What it does
1. Two key signal groups:
Chikou Cross Signals
Buy when Chikou crosses up through price.
Sell when Chikou crosses down through price.
Classic Ichi confirmation idea: Chikou breaking free of price cluster.
2. Cloud Breakout Signals
Long trigger: yesterday inside cloud → today price breaks above cloud.
Short trigger: yesterday inside cloud → today price breaks below cloud.
Captures “equilibrium → expansion” moves.
These are conditions only in this version (no chart shapes yet) but are fully wired for alerts. (Future Updates)
How to use it
Use Chikou signals as confirmation, not standalone entries:
Eg., Bull regime + Oracle Bull + cloud breakout + Chikou Buy.
Use Cloud Breakouts to catch the first impulsive leg after consolidation.
Graphic
7. Alerts (Automation Ready)
[
b]Code sections:
Input group: Alerts
Vars: useAlertTrend, useAlertChikou, useAlertCloudBO
Alert lines like: "FxAST Ichi Bull Trend", "FxAST Ichi Bull Trend", "FxAST Ichi Cloud Break Up"
What it does
Provides ready-made alert hooks for:
Trend regime (Bull / Bear)
Chikou cross buy/sell
Cloud breakout up/down
Each type can be globally toggled on/off via the inputs (helpful if a user only wants one kind).
How to use it
In TradingView: set alerts using “Any alert() function call” on this indicator.
Then filter which ones fire by:
Turning specific alert toggles on/off in input panel, or
Filtering text in your external bot / webhook side.
Example simple workflow ---> Indicator ---> TV Alert ---> Webhook ---> Bot/Broker
8. FxAST Dashboard
Code sections:
Input group: Dashboard
Vars: showDashboard, dashPos, dash, dashInit
Helper: getDashPos() → position.*
Table cells (updated on barstate.islast):
Row 0: Regime + label
Row 1: Oracle status (Bull / Bear / Flat / Off)
Row 2: HTF Cloud (On + TF / Off)
Row 3: Scores (BullScore / BearScore)
What it does
Displays a compact panel with the state of the whole system :
Current Trend Regime (Bull / Bear / Transition / Range)
Oracle slope state
Whether HTF Cloud is active + which timeframe
Raw Bull / Bear scores (0–3 each)
Position can be set: Top Right, Top Left, Bottom Right, Bottom Left.
How to use it
Treat it like a pilot instrument cluster :
Quick glance: “Are my trend, oracle and HTF all aligned?”
Great for streaming / screenshots: everything important is visible in one place without reading the code.
Graphic (lower right of chart )
Outside the Bollinger Bands Alerting Indicator Overview
The Outside the Bollinger Bands Alerting Indicator is a comprehensive technical analysis tool that combines multiple proven
indicators into a single, powerful system designed to identify high-probability reversal patterns at Bollinger Band extremes. This
indicator goes beyond simple band touches to detect sophisticated pattern formations that often signal strong directional moves.
Key Features & Capabilities
🎯 Advanced Pattern Recognition
Bollinger Band Breakout Patterns
- Detects "pierce-and-reject" formations where price breaks through a Bollinger Band but immediately reverses back inside
- Identifies failed breakouts that often lead to strong moves in the opposite direction
- Combines multiple confirmation signals: engulfing candle patterns, MACD momentum, and ATR volatility filters
- Visual alerts with symbols positioned below (bullish) or above (bearish) candles
Tweezer Top & Bottom Patterns
- Identifies consecutive candles with nearly identical highs (tweezer tops) or lows (tweezer bottoms)
- Requires at least one candle to breach the respective Bollinger Band
- Confirms reversal with directional close requirements
- Customizable tolerance settings for pattern sensitivity
- Visual alerts with ❙❙ symbols for easy identification
📊 Multi-Indicator Integration
Bollinger Bands Indicator
- Dual-band configuration with outer (2.0 std dev) and inner (1.5 std dev) bands that can be adjusted to suit your own parameters
- Configurable MA types: SMA, EMA, SMMA (RMA), WMA, VWMA
- Customizable length, source, and offset parameters
- Color-coded band fills for visual clarity
Moving Average Suite
- EMA 9, 21, 50, and 200 (individually toggleable)
- Special "SMA 3 High" for help visualizing and detecting Bollinger Band break-outs
- Dynamic color coding based on price relationship
Optional Ichimoku Cloud overlay
- Complete Ichimoku implementation with customizable periods
- Dynamic cloud coloring based on trend direction
- Toggleable overlay that doesn't interfere with other indicators
🚨 Comprehensive Alert System
Real-Time JSON Alerts
- Sends structured data on every confirmed bar close
- Includes all indicator values: BB levels, EMAs, MACD, RSI
- Contains signal states and crossover conditions
- Perfect for automated trading systems and webhooks
{"timestamp":1753118700000,"symbol":"ETHUSD","timeframe":"5","price":3773.3,"bollinger_bands":{"upper":3826.95,"basis":3788.32,"lower":3749.68},"emas":{"ema_9":3780.45,"ema_21":3788.92,"ema_50":3800.79,"ema_200":3787.74,"sma_3_high":3789.45},"macd":{"macd":-10.1932,"signal":-11.3266,"histogram":1.1334},"rsi":{"rsi":40.5,"rsi_ma":39.32,"level":"neutral"}}
Specific Alert Conditions
- MACD histogram state changes (rising to falling, falling to rising)
- RSI overbought/oversold crossovers
- All pattern detections (BB Bounce, Tweezer patterns)
- Bollinger Band breakout alerts
🎨 Visual Elements
Pattern Identification
- ♻ symbols for Bollinger Band breakout patterns (green for bullish, red for bearish)
- ❙❙ symbols for tweezer patterns (green below for bottoms, red above for tops)
- Color-coded band fills for trend visualization
Chart Overlay Options
- All moving averages with distinct colors
- Bollinger Bands with inner and outer boundaries
- Optional Ichimoku cloud with trend-based coloring
Trading Applications
Reversal Trading
- Identify high-probability reversal points at extreme price levels
- Use failed breakout patterns for entry signals
- Combine multiple timeframes for enhanced accuracy
Trend Analysis
- Monitor moving average relationships for trend direction
- Use Ichimoku cloud for trend strength assessment
- Track momentum with MACD and RSI integration
Risk Management
- ATR-based volatility filtering reduces false signals
- Multiple confirmation requirements improve signal quality
- Real-time alerts enable prompt decision making
Suggested Use
- Use on multiple timeframes for confluence
- Combine with support/resistance levels for enhanced accuracy
- Set up alerts for hands-free monitoring
- Customize settings based on market volatility and trading style
- Consider volume confirmation for stronger signals
HUll Dynamic BandEducational Hull Moving Average Wave Analysis Tool
**MARS** is an innovative educational indicator that combines multiple Hull Moving Average timeframes to create a comprehensive wave analysis system, similar in concept to Ichimoku Cloud but with enhanced smoothness and responsiveness.
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🎯 Key Features
**Triple Wave System**
- **Peak Wave (34-period)**: Fast momentum signals, similar to Ichimoku's Conversion Line
- **Primary Wave (89-period)**: Main trend identification with retest detection
- **Swell Wave (178-period)**: Long-term trend context and major wave analysis
**Visual Wave Analysis**
- **Wave Power Fill**: Dynamic area between primary and swell waves showing trend strength
- **Peak Power Fill**: Short-term momentum visualization
- **Smooth Curves**: Hull MA-based calculations provide cleaner signals than traditional moving averages
**Intelligent Signal System**
- **Trend Shift Signals**: Clear visual markers when trend changes occur
- **Retest Detection**: Identifies potential retest opportunities with specific conditions
- **Correction Alerts**: Early warning signals for market corrections
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📊 How It Works
The indicator uses **Hull Moving Averages** with **Fibonacci-based periods** (34, 89, 178) and a **Golden Ratio multiplier (1.64)** to create natural market rhythm analysis.
**Key Signal Types:**
- 🔵 **Circles**: Major trend shifts (primary wave crossovers)
- 💎 **Diamonds**: Retest opportunities with multi-wave confirmation
- ❌ **X-marks**: Correction signals and structural breaks
- 🌊 **Wave Fills**: Visual trend strength and direction
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🎓 Educational Purpose
This indicator demonstrates:
- Advanced moving average techniques using Hull MA
- Multi-timeframe analysis in a single view
- Wave theory application in technical analysis
- Dynamic support/resistance concept visualization
**Similar to Ichimoku but Different:**
- Ichimoku uses price-based calculations → Angular cloud shapes
- MARS uses weighted averages → Smooth, flowing wave patterns
- Both identify trend direction, but MARS offers faster signals with cleaner visualization
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⚙️ Customizable Settings
- **Wave Periods**: Adjust primary wave length (default: 89)
- **Multipliers**: Fine-tune wave sensitivity (default: 1.64 Golden Ratio)
- **Visual Style**: Customize line widths and signal displays
- **Peak Analysis**: Independent fast signal system (default: 34)
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🔍 Usage Tips
1. **Trend Identification**: Watch wave fill colors and line positions
2. **Entry Timing**: Look for retest diamonds after trend shift circles
3. **Risk Management**: Use wave boundaries as dynamic support/resistance
4. **Confirmation**: Combine with price action and market structure analysis
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⚠️ Important Notes
- **Educational Tool**: Designed for learning wave analysis concepts
- **Not Financial Advice**: Always use proper risk management
- **Backtesting Recommended**: Test on historical data before live trading
- **Combine with Analysis**: Works best with additional confirmation methods
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🚀 Innovation
MARS represents a unique approach to wave analysis by:
- Combining Hull MA smoothness with Ichimoku-style visualization
- Providing multi-timeframe analysis without chart clutter
- Offering retest detection with specific wave conditions
- Creating an educational bridge between different analytical methods
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*This indicator is shared for educational purposes to help traders understand advanced moving average techniques and wave analysis concepts. Always practice proper risk management and combine with your own analysis.*
EMA + Dynamic Fib TradeNestDescription:
This custom indicator combines Exponential Moving Averages (EMA) and Ichimoku to provide a momentum and trend-based framework for day trading.
9 EMA and 21 EMA are used to identify short-term momentum shifts. A bullish signal occurs when the 9 EMA crosses above the 21 EMA, suggesting potential call opportunities, while a bearish signal occurs when the 9 EMA crosses below the 21 EMA, suggesting potential put opportunities.
50 EMA is included as an additional trend filter to help confirm overall market direction.
Ichimoku is plotted as a forward-looking dynamic support/resistance level. It behaves similarly to a Fibonacci retracement level, offering context for where price may find support or rejection. Ichimoku also helps determine whether current price action is aligned with a bullish or bearish trend environment.
By combining EMA crossovers with Ichimoku levels, this indicator provides a simple yet powerful method for identifying momentum entries and gauging the strength of price action relative to dynamic support/resistance.
NeuroFlow Pro IndicatorThe **NeuroFlow Pro Indicator** is a comprehensive technical analysis tool designed for traders on the TradingView platform. It provides actionable buy and sell signals by combining multiple technical indicators, including Moving Averages, MACD, RSI, Stochastic RSI, SuperTrend, Ichimoku Cloud, Bollinger Bands, and Volume analysis. The indicator generates a **Composite Score** (0–100) that reflects market conditions, with low scores indicating bullish opportunities and high scores suggesting bearish conditions. It also identifies key trend reversal points and significant EMA crossovers (Golden Cross and Death Cross) to help traders make informed decisions.
**Key Features**:
- **Composite Score**: Aggregates signals from multiple indicators to provide a single, easy-to-read metric.
- **Buy/Sell Signals**: Generates clear signals for potential long (buy) and short (sell) opportunities.
- **Golden/Death Cross**: Marks EMA 50 crossing above (🚀) or below (💀) EMA 200, indicating major trend shifts.
- **Dashboard**: Displays real-time metrics like trend direction, momentum, volume, and signal confidence.
- **Customizable Alerts**: Notifies users of buy/sell signals, divergences, and EMA crossovers via TradingView’s alert system.
- **Multi-Timeframe Analysis**: Incorporates higher timeframe trends for enhanced signal reliability.
- **Candlestick Patterns**: Optionally includes patterns like Hammer, Engulfing, or Morning Star for signal confirmation.
This indicator is ideal for traders seeking a robust, all-in-one tool to identify trading opportunities across various markets (e.g., crypto, stocks, forex) and timeframes (e.g., 1H, 4H, daily).
User Guide for NeuroFlow Pro Indicator
Understanding the Indicator
- **Dashboard**:
- Located on the chart (left or right, configurable), it shows real-time metrics:
- **Comp Score**: Composite Score (0–100); low (<30) is bullish, high (>70) is bearish.
- **Trend**: Bullish, Bearish, or Neutral
- **MTF Trend**: Trend from a higher timeframe (e.g., 60m or 240m).
- **Momentum**: RSI and Stochastic RSI-based momentum (Bullish, Bearish, Neutral).
- **MFI**: Money Flow Index (Inflow, Outflow, Neutral).
- **Volatility**: High or Low based on ATR and Bollinger Bands.
- **Volume**: High, Low, or Neutral relative to volume MA.
- **Ichimoku**: Bullish, Bearish, or Neutral based on cloud position.
- **ADX Strength**: Strong or Weak trend based on ADX.
- **Divergence**: Bullish, Bearish, or Neutral for RSI/MACD divergences.
- **Reversal**: Bullish or Bearish reversal potential with confidence percentage.
- **Signal Status**: Long (buy), Short (sell), or None.
- **Signal Confid**: Confidence percentage for the current signal.
- **Chart Visuals**:
- **EMA 50 (White)**: Fast-moving average for short-term trends.
- **EMA 200 (Blue)**: Long-moving average for long-term trends.
- **Golden Cross (🚀)**: Green rocket emoji when EMA 50 crosses above EMA 200 (bullish).
- **Death Cross (💀)**: Red skull emoji when EMA 50 crosses below EMA 200 (bearish).
- **Alerts**:
- Configurable for Buy/Sell Signals, Golden/Death Cross, and Bullish/Bearish Divergences.
Configuring Settings
1. **Open Settings**:
- Right-click the indicator’s name on the chart and select “Settings,” or double-click the indicator in the chart’s indicator list.
2. **Key Settings to Customize**:
- **Strategy Settings**:
- **Max ATR Multiplier**: Adjusts sensitivity to volatility (default: 3.0).
- **Main Settings**:
- **Candlestick Pattern**: Choose Hammer, Engulfing, Morning Star, or Custom (default: Hammer).
- **Multi-Timeframe Period**: Set higher timeframe for trend analysis (e.g., 60m, 240m, Daily; default: 60m).
- **Higher Timeframe**: Secondary timeframe for confirmation (default: 240m).
- **Use Candlestick Patterns**: Enable/disable pattern-based signals (default: off).
- **Use Volume Filter**: Require high volume for signals (default: on).
- **Use ADX Filter**: Require strong trend for signals (default: on).
- **Momentum Settings**:
- **RSI/Stochastic/MFI Lengths**: Adjust periods for RSI, Stochastic RSI, and MFI (defaults: 14, 14, 60).
- **EMA Lengths**: Fast (50), Slow (100), Long (200) for trend and crossovers.
- **ATR/ADX Lengths**: Volatility and trend strength periods (default: 14).
- **SuperTrend/Bollinger/Ichimoku Settings**:
- Customize periods and multipliers (defaults: SuperTrend 10/3.0, Bollinger 20/2.0, Ichimoku 9/26/52).
- **MACD Settings**:
- **MACD Preset**: Auto (timeframe-based), 1H (3-10-16), 4H (5-34-21), D (5-15-9), or Custom (default: Auto).
- **Custom MACD Lengths**: Fast (12), Slow (26), Signal (9) for Custom preset.
- **Weights Settings**:
- Adjust weights for trend, momentum, volatility, etc., to prioritize certain indicators (defaults: Trend 1.0, Momentum 0.3, etc.).
- **Threshold Settings**:
- **Bullish/Bearish Reversal Thresholds**: Set score thresholds for reversals (default: 30/70).
- **ADX Threshold**: Minimum ADX for trend strength (default: 20).
- **Signal Thresholds**: Base (70) and alert (80) thresholds for signals.
- **Dashboard Settings**:
- **Position**: Left or Right (default: Right).
- **Show/Hide Metrics**: Enable/disable dashboard rows (e.g., Comp Score, Trend, MFI; all enabled by default except Volatility and Volume MA).
3. **Save Changes**:
- Click “OK” to apply settings. The dashboard and plots update instantly.
Using the Indicator
1. **Interpreting Signals**:
- **Buy Signal (Long)**: Appears when Composite Score is low (≤30), with at least two bullish confirmations . Shown as “Long” in Signal Status with confidence percentage.
- **Sell Signal (Short)**: Appears when Composite Score is high (≥70), with at least two bearish confirmations. Shown as “Short” in Signal Status.
- **Golden Cross (🚀)**: Indicates a bullish trend when EMA 50 crosses above EMA 200. Look for confirmation from Composite Score and Signal Status.
- **Death Cross (💀)**: Indicates a bearish trend when EMA 50 crosses below EMA 200. Confirm with dashboard metrics.
- **Reversal Signals**: Dashboard shows “Bullish” or “Bearish” with a percentage when reversal conditions are met .
2. **Monitoring the Dashboard**:
- Use the dashboard to assess market conditions in real-time.
- Green (bullish), red (bearish), or gray (neutral) colors highlight key metrics.
- Check “Signal Confid” for confidence in buy/sell signals (higher is better, e.g., >60%).
3. **Trading Decisions**:
- Combine signals with your own analysis (e.g., support/resistance, news).
- Use Golden/Death Cross for long-term trend confirmation.
- Avoid trading in high volatility (dashboard: “Volatility: High”) unless experienced
Best Practices
- **Timeframe Selection**:
- Use higher timeframes (e.g., 4H, Daily) for more reliable signals, especially for Golden/Death Cross.
- Lower timeframes (e.g., 5m, 15m) may produce more signals but with higher noise.
- **Confirm Signals**:
- Cross-check buy/sell signals with dashboard metrics (e.g., Trend, MFI, ADX).
- Use Golden/Death Cross as a trend filter rather than a standalone signal.
- **Risk Management**:
- Always use stop-losses and position sizing based on your risk tolerance.
- Avoid trading during high volatility unless part of your strategy.
- **Regular Updates**:
- Monitor TradingView for script updates from the author (KoKalito) to access new features or bug fixes.
Troubleshooting
- **No Signals**:
- Ensure the chart timeframe matches your settings (e.g., 60m for MTF Period).
- Check if filters (Volume, ADX) are too strict; try disabling them.
- **Dashboard Missing**:
- Verify “Dashboard Position” is set to Left or Right.
- Ensure dashboard metrics are enabled (e.g., Show Comp Score).
- **Alerts Not Triggering**:
- Confirm the alert condition is set to “NeuroFlow Pro Indicator” and the correct option (e.g., “Golden Cross Alert”).
- Check TradingView’s “Alerts” panel for errors or expired alerts.
- Reapply the indicator to the chart if it was recently updated.
- **EMA Crosses Not Showing**:
- Zoom in on the chart to see 🚀 (Golden Cross) or 💀 (Death Cross) symbols.
- Ensure EMA 50 and EMA 200 lengths are not identical (defaults: 50, 200).
Support
- **Author**: KoKalito (check TradingView profile for updates or contact info).
- **TradingView Community**: Post questions in the TradingView Pine Script community or forums.
- **Documentation**: Refer to TradingView’s Pine Script v5 documentation for advanced customization.
- **Risk Warning**: Trading involves risk. Use the indicator as a tool, not a guarantee of profits. Always conduct your own analysis and manage risk appropriately.
Happy trading with **NeuroFlow Pro Indicator**! 🚀
Akshay - TheOne, TheMostWanted, TheUnbeatable, TheEnd➤ All-in-One Solution (❌ No repaint):
This Technical Chart contains, MA24 Condition, Supertrend Indicator, HalfTrend Signal, Ichimoku Cloud Status, Parabolic SAR (P_SAR), First 5-Minute Candle Analysis (ORB5min), Volume-Weighted Moving Average (VWMA), Price-Volume Trend (PVT), Oscillator Composite, RSI Condition, ADX & Trend Strength.
Technicals don't lie.
🚀 Overview and Key Features
Comprehensive Multi-Indicator Approach:
The script is built to be an all-in-one technical indicator on TradingView. It integrates several well-known indicators and overlays—including Supertrend, HalfTrend, Ichimoku Cloud, various moving averages (EMA, SMA, VWMA), oscillators (Klinger, Price Oscillator, Awesome Oscillator, Chaikin Oscillator, Ultimate Oscillator, SMI Ergodic Oscillator, Chande Momentum Oscillator, Detrended Price Oscillator, Money Flow Index), ADX, and Donchian Channels—to create a composite picture of market sentiment.
Signal Generation and Alerts:
It not only calculates these indicators but also aggregates their output into “Master Candle” signals. Vertical lines are drawn on the chart with corresponding alerts to indicate potential buy or sell opportunities based on robust, combined conditions.
Visual Layering:
Through the use of colored histograms, custom candle plots, trend lines, and background color changes, the script offers a multi-layered visual representation of data, providing clarity about both short-term signals and overall market trends.
⚙️ How It Works and Functionality
MA24 Condition:
Uses the 24-period moving average as a proxy; if the price is above it, the bar is colored green, and red if below, with neutrality when conditions aren’t met.
Supertrend Indicator:
Evaluates price relative to the Supertrend level (calculated via ATR), coloring green when price is above it and red when below.
HalfTrend Signal:
Determines trend shifts by comparing the current close to a calculated trend level; green indicates an upward trend, while red suggests a downtrend.
Ichimoku Cloud Status:
Analyzes the relationship between the Conversion and Base lines; a bullish (green) signal is given when price is above both or the Conversion line is higher than the Base line.
Parabolic SAR (P_SAR):
Colors the signal based on whether the current price is above (green) or below (red) the Parabolic SAR marker, indicating stop and reverse conditions.
First 5-Minute Candle Analysis (ORB5min):
Uses key levels from the first 5-minute candle; if price exceeds the candle’s low, VWAP, and MA, it’s bullish (green), otherwise bearish (red).
Volume-Weighted Moving Average (VWMA):
Compares the current price to volume-weighted averages; a price above these levels is shown in green, below in red.
Price-Volume Trend (PVT):
Determines bullish or bearish momentum by comparing PVT to its VWAP—green when above and red when below.
Oscillator Composite:
Aggregates signals from multiple oscillators; a majority of positive results turn it green, while negative dominance results in red.
RSI Condition:
Uses a simple RSI threshold of 50, with values above signifying bullish (green) momentum and below marking bearish (red) conditions.
ADX & Trend Strength:
Reflects overall trend strength through ADX and directional movements; a combination favoring bullish conditions colors it green, with red signaling bearish pressure.
Master Candle Overall Signal:
Combines multiple indicator outputs into one “Master” signal—green for a consensus bullish trend and red for a bearish outlook.
Scalp Signal Variation:
Focused on short-term price changes, this signal adjusts quickly; green indicates improving short-term conditions, while red signals a downturn.
📊 Visualizations and 🎨 User Experience (❌ no repaint)
Dynamic Histograms & Bar Plots:
Each indicator is represented as a colored bar (with added vertical offsets) to facilitate easy comparison of their respective bullish or bearish contributions.
Clear Color-Coding & Labels:
Green (e.g., GreenFluorescent) indicates bullish sentiment.
Red (e.g., RedFluorescent) indicates bearish sentiment.
Custom labels and descriptive text accompany each bar for clarity.
Interactive Charting:
The overall background color adapts based on the “Master Candle” condition, offering an instant read on market sentiment.
The current candlestick is overlaid with color cues to reinforce the indicator’s signal, enhancing the trading experience.
Real-Time Alerts:
Vertical lines appear on signal events (buy/sell triggers), complemented by alerts that help traders stay on top of actionable market moves.
Sharp lines:
The Sharp lines are plotted based upon the EMA5 cross over with the same market trend, marks this as good time to reentry.
🔧 Settings and Customization
Flexible Timeframe Input:
Users can select their preferred timeframe for analysis, making the indicator adaptable to intraday or longer-term trading styles.
Customizable Indicator Parameters:
➤ Supertrend: Adjust ATR length and multiplier factors.
➤ HalfTrend: Tweak amplitude and channel deviation settings.
➤ Ichimoku Cloud & Oscillators: Fine-tune the conversion/base lines and oscillator lengths to match individual trading strategies.
Visual Customization:
The script’s color schemes and plotting styles can be altered as needed, giving users the freedom to tailor the interface to their taste or existing chart setups.
🌟 Uniqueness of the Concept
Integrated Multi-Indicator Synergy:
Combines a diverse range of trend, momentum, and volume-based indicators into a single cohesive system for a holistic market view.
Master Candle Aggregation:
Consolidates numerous individual signals into a "Master Candle" that filters out noise and provides a clear, consensus-based trading signal.
Layered Visual Feedback:
Uses color-coded histograms, adaptive background cues, and dynamic overlays to deliver a visually intuitive guide to market sentiment at a glance.
Customization and Flexibility:
Offers adjustable parameters for each indicator, allowing users to tailor the system to fit diverse trading styles and market conditions.
✅ Conclusion:
Robust Trading Tool & Non-Repainting Reliability:
This versatile technical analysis tool computes an extensive range of indicators, aggregates them into a stable, non-repainting “Master Candle” signal, and maintains consistent, verifiable outputs on historical data.
Holistic Market Insight & Consistent Signal Generation:
By combining trend detection, momentum oscillators, and volume analysis, the indicator delivers a comprehensive snapshot of market conditions and generates dependable signals across varying timeframes.
User-Centric Design with Rich Visual Feedback:
Customizable settings, clear color-coded outputs, adaptive backgrounds, and real-time alerts work together to provide actionable, transparent feedback—enhancing the overall trading experience.
A Unique All-in-One Solution:
The integrated approach not only simplifies complex market dynamics into an easy-to-read visual guide but also empowers systematic traders with a powerful, adaptable asset for accurate decision-making.
❤️ Credits:
Pine Script™ User Manual
Supertrend
Ichimoku Cloud
Parabolic SAR
Price Volume Trend (PVT)
Average Directional Index (ADX)
Volume Oscillator
HalfTrend
Donchian Trend
Dynamic Trend & Levels by VikOpineThis indicator combines the best aspects of trend-following, volume and price action to help traders make informed decisions and can be used with other indicators for confluence. 🚀
Key Features and Concepts:
Volume-Weighted Moving Average (VWMA):
Unlike a simple moving average, the VWMA gives more weight to price action with higher volume, helping traders identify strong trends backed by significant market participation.
It helps distinguish between low-volume price fluctuations and meaningful market moves.
Volume-Weighted Average Price (VWAP):
Used by institutional traders, VWAP serves as a benchmark to gauge whether the current price is overbought or oversold relative to the average price weighted by volume.
The indicator tracks VWAP levels dynamically, offering insights into price reversion opportunities and breakout confirmations.
Fibonacci Levels (Dynamic Support & Resistance):
The script dynamically plots Fibonacci retracement and extension levels based on recent price swings, allowing traders to identify potential reversal and continuation zones. These levels change colors individually based on them becoming support or resistance.
Fibonacci levels help in setting stop-loss levels and profit targets based on natural market cycles.
Ichimoku Cloud (Trend Confirmation & Market Sentiment):
Provides a multi-dimensional view of trend strength, momentum, and potential reversals.
The Kumo (cloud) helps traders identify support and resistance zones, while the Tenkan-Sen and Kijun-Sen lines confirm trend direction. I prefer to remove the lines and only keep the clouds to anticipate upcoming trend.
How the Indicator Works:
The script dynamically calculates and overlays VWMA and VWAP to give a clear view of volume-backed trends.
Fibonacci levels are recalculated based on recent swing highs and lows, ensuring they remain relevant to current price action. This feature avoids to re-draw Fibs manually.
The Ichimoku Cloud adjusts in real-time to provide trend and momentum signals.
The session volume profile updates dynamically to highlight high-liquidity zones and potential breakout areas.
Alerts can be set up in Tradingview allowing traders to know the price action in real time.
How to Use This Indicator in Trading:
Trend Confirmation: Use VWMA, VWAP, and the Ichimoku Cloud to determine the prevailing trend and avoid trading against market momentum. Go with the trend.
Reversals: Look at the dynamic Fibonacci levels to find key support and resistance areas where price may reverse or consolidate. These levels change color as they become support or resistance.
Breakout & Continuation Trading: Monitor VWAP deviations and Ichimoku signals to identify strong trend continuation setups.
Mean Reversion: Use VWAP re-tests to spot potential pullback entries in established trends.
Alerts: Customize alerts to stay ahead of market moves.
Take advantage of paper trading feature available in Tradingview to familiarize yourself with this indicator. Experience is the best teacher as in any other case.
Ideal for:
✅ Traders looking to capitalize on VWAP trend and level.
✅ Traders utilizing Fibonacci levels and Ichimoku trends for structured trades.
✅ Scalpers leveraging levels and trends for quick entries/exits.
✅ Traders who rely on volume-backed trend confirmations.
No indicator is perfect so take everything with a pinch of salt.
Drop a comment below with your feedback or if you have any question.
SatoshiSteps Swing StrategyCore Components:
The indicator combines three popular technical analysis tools:
Ichimoku Cloud: This helps identify the trend, support, and resistance levels.
RSI (Relative Strength Index): This momentum oscillator identifies overbought and oversold conditions.
MACD (Moving Average Convergence Divergence): This trend-following momentum indicator shows the relationship between two moving averages1 of prices.
Logic:
The strategy aims to identify potential swing trading opportunities by combining signals from these three components. It essentially looks for:
Trend Confirmation (Ichimoku):
Price should be above the Ichimoku cloud for buy signals.
Price should be below the Ichimoku cloud for sell signals.
The Tenkan-sen (conversion line) should cross above the Kijun-sen (base line) for buy signals.
The Tenkan-sen should cross below the Kijun-sen for sell signals.
Overbought/Oversold Conditions (RSI):
RSI should be below the overbought level for buy signals (avoiding buying when the market is potentially overextended).
RSI should be above the oversold level for sell signals (avoiding selling when the market is potentially oversold).
Momentum Confirmation (MACD):
The MACD line should be above the signal line for buy signals (indicating upward momentum).
The MACD line should be below the signal line for sell signals (indicating downward momentum).
Buy Signal:
A buy signal is generated when all the following conditions are met:
The Tenkan-sen crosses above the Kijun-sen.
The price is above both the Senkou Span A and Senkou Span B (the cloud).
The RSI is below the overbought level.
The MACD line is above the signal line.
Sell Signal:
A sell signal is generated when all the following conditions are met:
The Tenkan-sen crosses below the Kijun-sen.
The price is below both the Senkou Span A and Senkou Span B (the cloud).
The RSI is above the oversold level.
The MACD line is below the signal line.
Key Considerations:
Time Frame: The indicator has built-in adjustments for 1-hour and 4-hour timeframes, optimizing the parameters for each.
Customization: You can customize the overbought/oversold RSI levels and the styles of the buy/sell signals (triangle, label, arrow, circle) through the indicator's settings.
Accuracy: While the strategy combines multiple indicators to improve accuracy, remember that no trading indicator is perfect. Market conditions can change rapidly, and false signals can occur.
Risk Management: Always use proper risk management techniques, such as stop-loss orders, and never risk more than you can afford to lose.
Volume and Price, EMA Hierarchy Scoring Relations V 1.1Understanding the Volume and Price, EMA Hierarchy Scoring Indicator
Financial markets are often analyzed through a series of technical indicators, each providing valuable but isolated insights into price movements, volume dynamics, and trends. While these tools are widely used, they often lack context when applied individually. The Volume and Price, EMA Hierarchy Scoring Indicator was developed to bridge this gap by introducing structure, context, and relationships between these known indicators.
By utilizing Exponential Moving Averages (EMAs) and assigning periods derived from prime numbers, this indicator creates a scoring system that evaluates the relative positioning and interaction of 13 widely used technical tools. This approach adds meaning to individual indicator outputs by:
Revealing how their results align, diverge, or complement each other.
Quantifying their collective behavior through a hierarchy scoring system.
Enabling traders to not only analyze indicators individually but also combine them to uncover how they influence and interact with each other.
The result is a tool that provides clarity and insight into market behavior, enabling traders to move beyond surface-level analysis and uncover deeper patterns and relationships within the data.
Key Features and Methodology
The Volume and Price, EMA Hierarchy Scoring Indicator is built on a robust mathematical framework that evaluates and visualizes the relationships between 13 widely used technical indicators. By leveraging Exponential Moving Averages (EMAs) and prime numbers, the indicator provides meaningful insights into individual indicator performance as well as their combined behavior.
1. EMA Hierarchy Scoring
At the core of the indicator is its ability to assess the hierarchy of EMAs for each tool. This hierarchy scoring evaluates how the EMAs are aligned relative to one another, providing traders with a quantifiable measure of the indicator's internal consistency and its alignment with trends.
How It Works:
Each EMA is assigned a period derived from a unique prime number. This ensures that no two EMAs overlap, preserving their individuality.
The scoring system measures the gaps between these EMAs, assigning weighted values to these relationships based on their position in the hierarchy.
Why Prime Numbers?
Prime numbers ensure that the EMA periods are distinct and mathematically unrelated, creating a structured yet diverse dataset for analysis.
This approach allows the scoring system to capture both short-term and long-term trends, while avoiding redundancy.
2. Independent Indicator Evaluation
One of the key features of this indicator is the ability to analyze any of the 13 tools individually. Each indicator has its own module, complete with adjustable parameters and dedicated visualizations:
Histograms: Represent the raw EMA hierarchy score. Positive bars indicate alignment with upward trends, while negative bars highlight potential reversals or misalignments.
Smoothed Line: Averages the histogram values, reducing short-term noise and emphasizing longer-term trends.
Signal Line: Highlights trend shifts by smoothing the smoothed line further. Crossovers between the smoothed line and the signal line act as actionable signals for traders.
3. Combining Indicators for Context
Beyond individual analysis, the indicator allows users to combine multiple indicators to evaluate their interactions. For example:
Pairing ALMA (price smoothing) with Volume enables traders to see how price trends are supported or contradicted by market activity.
Combining Delta Volume and CMF (Chaikin Money Flow) reveals nuanced dynamics of buying and selling pressure.
Number of Combinations
With 13 tools available, the indicator supports "two to the power of thirteen minus one," which equals 8,191possible combinations. This flexibility empowers traders to experiment with various subsets of indicators, tailoring their analysis to specific market conditions or strategies.
Detailed Breakdown of Indicators
The Volume and Price, EMA Hierarchy Scoring Indicator integrates 13 widely used technical indicators, each bringing a unique perspective to market analysis. These indicators are scored individually using the EMA hierarchy system and can also be combined for more comprehensive insights.
Here’s a detailed look at what each indicator contributes:
Price Analysis
Arnaud Legoux Moving Average (ALMA):
Purpose:
ALMA smooths price data, reducing noise while maintaining responsiveness to trends.
Unique Features:
The EMA hierarchy scoring highlights how well ALMA’s EMAs align, revealing the strength of price trends.
Visualization includes a histogram of ALMA scores, a smoothed line, and a signal line.
Settings:
Adjustable parameters for the window size, offset, and sigma.
Tooltips guide users on how each setting affects the calculation.
Application:
Evaluate price momentum or combine with volume-based indicators to validate trends.
2. Price Hierarchy Score (PRC):
Purpose:
Focuses solely on price behavior to identify consistency and strength.
Visualization:
Includes a histogram representing raw scores and smoothed and signal lines for trend detection.
Settings:
Adjustable EMA periods derived from prime numbers.
Customizable smoothing and signal periods.
Volume Insights
3. Chaikin Money Flow (CMF):
Purpose:
Integrates price and volume data to measure capital flow direction and strength.
Visualization:
Raw CMF hierarchy scores are plotted, alongside smoothed and signal lines for easier trend identification.
Settings:
Lookback period adjustment for CMF calculation.
Toggle for enabling/disabling the module.
Application:
Use alongside Delta Volume to assess buying and selling pressure.
Above chart snapshot, in addition to the well-known CMF indicator, the Volume and Price indicator and the EMA Hierarchy Scoring can also be seen in the chart. By enabling the CMF evaluation, you can observe both how the CMF is analyzed and how it aligns with the price chart.
4. Delta Volume:
Purpose:
Captures the balance between buying and selling activity in the market.
Visualization:
A histogram represents the raw divergence in buying and selling strength.
Signal lines help identify momentum shifts.
Settings:
Options to set lower timeframes for more granular analysis.
Adjustable smoothing and signal periods.
Application:
Combine with CMF for a deeper understanding of capital flow dynamics.
In the above chart, alongside the Volume Delta indicator, you can observe our evaluation of this indicator's performance.
In the above chart, as explained, you can observe the impact of our evaluation metrics both individually and in combination with other indicators. This chart featuring VPR (Volume and Price Indicator along with EMA Hierarchy Scoring) illustrates the interplay between CMF and Volume Delta.
5. Volume Hierarchy Score (VOL):
Purpose:
Tracks raw volume data to identify areas of heightened market activity.
Visualization:
Histogram and smoothed lines highlight volume trends.
Settings:
Prime-numbered EMA periods to analyze volume hierarchy.
Adjustable smoothing and signal line parameters.
In the above chart, as previously explained, by analyzing the EMA of volume data over 25 iterations within specified periods (based on the first 25 prime numbers), you can observe the relationship between volume and price. We are witnessing a price increase, while the current volume position shows significant deviation and instability relative to the EMAs calculated over 25 different time periods.
In the above chart, by simultaneously enabling the evaluation of both volume and price, you can clearly observe the interplay and impact of volume and price in relation to each other.
Momentum and Trend Strength
6. Aroon Up:
Purpose:
Evaluates the strength of trends by measuring time since price highs.
Visualization :
Hierarchy scores plotted as histograms with trend-tracking smoothed and signal lines.
Settings:
Lookback period adjustments.
Module toggle for focus on Aroon trends.
If the analysis and interpretation of Aroon lines seem somewhat complex, the Volume and Price Indicator along with EMA Hierarchy Scoring provides a clear and intuitive representation of the Aroon indicator in relation to the price chart, as you can see in the current chart.
7. Average Directional Index (ADX):
Purpose:
Quantifies the strength of trends, regardless of direction.
Visualization:
ADX scores and smoothed lines for trend confirmation.
Settings:
Adjustable directional indicator (DI) and ADX smoothing periods.
Tooltip guidance for parameter optimization.
The simultaneous chart of the well-known ADX indicator alongside the evaluation system of the Volume and Price Indicator with EMA Hierarchy Scoring provides an integrated perspective on the ADX indicator.
8. Elder Force Index (EFI):
Purpose:
Combines price and volume to measure the strength of price movements.
Visualization:
EFI hierarchy scores with clear trend representation through signal and smoothed lines.
Settings:
Length adjustments for sensitivity control.
Smoothing and signal line customization.
In the above chart, we simultaneously have the well-known EFI indicator and the Volume and Price Indicator along with EMA Hierarchy Scoring. As we progress further, you will become increasingly familiar with the functionality and precision of the Volume and Price Indicator along with EMA Hierarchy Scoring.
Volatility and Oscillators
9. Ehler Fisher Transform:
Purpose:
Highlights extreme price movements by transforming price data into a Gaussian distribution.
Visualization:
Fisher Transform scores with smoothed trend indicators.
Settings:
Fisher length adjustment.
Module toggle and smoothing controls.
10. McGinley Dynamic (MGD):
Purpose:
Tracks price trends while adjusting for volatility, providing a smoother signal.
Visualization:
Raw MGD hierarchy scores with smoothed and signal lines.
Settings:
Lookback period customization.
Adjustable smoothing and signal periods
.
Ichimoku Components
11. Conversion Line (ICMC):
Purpose:
Captures short-term price equilibrium levels within the Ichimoku framework.
Visualization:
Short-term hierarchy scores visualized with smoothed lines.
Settings:
Adjustable conversion line length.
Tooltips explaining Ichimoku-related insights.
12. Base Line (ICMB):
Purpose:
Identifies medium-term equilibrium levels in the Ichimoku system.
Visualization:
Scores and smoothed trend lines for medium-term trends.
Settings:
Base line period adjustments.
Tooltip guidance for Ichimoku analysis.
In the chart below, to better illustrate the capabilities of the Volume and Price, EMA Hierarchy Scoring relation, we present a chart that evaluates the simultaneous interaction of Ichimoku Base and Conversion lines, Price, Volume, and Delta Volume.
Market Health
13. Money Flow Index (MFI):
Purpose:
Detects overbought or oversold conditions using price and volume data.
Visualization:
MFI hierarchy scores with trend tracking through smoothed and signal lines.
Settings:
Lookback period customization for sensitivity adjustment.
Module toggle and visualization controls.
EMA of Indicators: A Unified Scoring Metric
The EMA of Indicators module introduces a unique way to aggregate and analyze the individual scores of all 13 indicators. By applying a unified EMA calculation to their hierarchy scores, this module provides a single, combined metric that reflects the overall market sentiment based on the collective behavior of all indicators.
How It Works
1. Indicator-Specific EMAs:
An EMA is calculated for each of the 13 indicator hierarchy scores. The EMA period is adjustable in the settings menu, allowing traders to control how responsive the metric is to recent changes.
2. Combined EMA Calculation:
The individual EMAs are summed and averaged to generate a single Combined EMA Value. This value represents the average performance and alignment of all the indicators.
3. Smoothed and Signal Lines:
To enhance the interpretability of the Combined EMA Value:
- A Smoothed EMA is calculated using an additional EMA to filter out short-term fluctuations.
- A Signal Line is applied to the Smoothed EMA, providing actionable signals when crossovers occur.
Visualization
The Combined EMA Value is visualized as:
Histogram Bars: Represent the raw Combined EMA Value, highlighting positive or negative market alignment.
Smoothed Line: Tracks longer-term trends by smoothing the combined value.
Signal Line: Marks potential shifts in market sentiment when it crosses the Smoothed Line.
Customization and Settings
The settings menu allows full control over the EMA calculation:
Enable/Disable Module: Toggle the entire EMA of Indicators functionality.
Adjust EMA Period: Define the responsiveness of the individual indicator EMAs.
Set Smoothing Period: Control the degree of smoothing applied to the combined score.
Signal Line Period: Fine-tune the signal line's sensitivity for detecting trend shifts.
Tooltips accompany each parameter, ensuring that users understand their impact on the final visualization.
Applications in Market Analysis
1. Market Health Overview:
Use the Combined EMA Value as a quick snapshot of overall market sentiment based on all 13 indicators.
2. Trend Confirmation:
Analyze crossovers between the Smoothed EMA and Signal Line to confirm market trends or reversals.
3. Flexible Strategy Development:
Adjust EMA and smoothing periods to align the module with short-term or long-term trading strategies.
From EMA Scoring to Divergence-Weighted Insights
While the EMA scoring system provides insights into individual indicators and their trends, the Divergence-Weighted Volatility Adjusted Score takes this analysis further by combining and comparing all 13 indicators into a unified metric.
The Divergence-Weighted Volatility Adjusted Score
This score evaluates how the EMA scores of the 13 indicators interact and diverge, adding a layer of context and collective behavior analysis to the raw hierarchy scores.
1. Normalization:
All EMA scores are scaled to a common range, ensuring comparability regardless of the magnitude of individual indicators.
2. Divergence Analysis:
The system calculates the average score of the 13 indicators and evaluates the deviation (or divergence) of each individual score from this average.
Indicators with significant divergence are highlighted, as they often signal critical market dynamics.
3. Dynamic Weighting:
Indicators with greater divergence are assigned higher weights in the combined score. This ensures that outliers with meaningful signals are emphasized.
4. Volatility Adjustment:
The combined score is adjusted based on market volatility (calculated as the standard deviation of the score over a defined lookback period). This stabilizes the output, making it reliable even during turbulent market conditions.
Visualization and Customization
The Divergence-Weighted Volatility Adjusted Score is plotted as a dynamic line chart, offering a clear visual summary of the collective behavior of all indicators. The chart includes:
Smoothed Score Line: Filters out noise and emphasizes longer-term trends.
Signal Line: Helps identify potential trend shifts by tracking smoothed score crossovers.
Settings:
Lookback Period: Defines the time frame for volatility calculation.
Smoothing Period: Controls the degree of noise reduction in the smoothed score line.
Signal Line Period: Adjusts the responsiveness of the signal line.
These settings are fully adjustable, with tooltips guiding users to understand their impact.
Applications
The Divergence-Weighted Volatility Adjusted Score has several practical applications:
1. Cross-Indicator Alignment:
Detect when multiple indicators align or diverge, signaling potential opportunities or risks.
2. Dynamic Market Insights:
Adapt to changing conditions with the volatility-adjusted scoring.
3. Trend Confirmation:
Use smoothed and signal lines to validate trends identified by individual indicators.
Conclusion
The Volume and Price, EMA Hierarchy Scoring Indicator redefines how traders analyze financial markets. By combining 13 widely used technical tools with a structured scoring system based on Exponential Moving Averages (EMAs) and prime-numbered periods, this indicator brings depth and context to market analysis.
Key features include:
Independent Analysis: Evaluate individual indicators with precise EMA hierarchy scoring to assess their alignment with market trends.
Dynamic Combinations: Explore the relationships between indicators through over 8,000 combinations to uncover nuanced interactions and patterns.
Divergence-Weighted Scoring: Compare the collective behavior of indicators using a divergence-weighted system, providing a holistic market perspective adjusted for volatility.
Customization: Enable or disable modules, adjust smoothing and signal periods, and fine-tune settings to align the indicator with specific trading strategies.
User-Friendly Visualizations: Intuitive histograms, smoothed lines, and signal lines help traders identify trends, reversals, and market alignment at a glance.
This indicator empowers traders to move beyond isolated analysis by creating meaning and context between known tools. Whether you’re a scalper seeking short-term trends or a swing trader analyzing broader market movements, the Volume and Price, EMA Hierarchy Scoring Indicator offers insights tailored to your strategy.
Disclaimer
The Volume and Price, EMA Hierarchy Scoring Indicator is a tool for technical analysis and market evaluation. While it provides structured insights into market behavior, no indicator can guarantee success or eliminate the inherent risks of trading. Market conditions are complex, and multiple factors influence price movements.
Users are advised to:
Combine this indicator with other analysis methods, such as fundamental analysis or risk management strategies.
Make informed decisions based on their own analysis, trading goals, and risk tolerance.
Trading involves significant risk, and past performance does not guarantee future results. Always consult with a financial advisor or professional before making trading decisions.
ZERO LAG TRADE SIGNALS by BootcampZeroThe ZERO LAG TRADE SIGNALS by BootcampZero indicator is a versatile tool designed to help traders identify optimal entry and exit points for both short-term scalping and long-term trading across multiple time frames. It combines several well-known technical analysis methods, including moving averages, trend analysis, directional indicators, and adaptive trend calculations, to deliver reliable buy and sell signals.
Short-Term Scalping (Under 5-Minute Time Frames)
For short-term traders who prefer quick trades on lower time frames, such as under 5 minutes, this indicator uses a combination of the EMA (Exponential Moving Average) and SMA (Simple Moving Average) to spot fast trend reversals. The indicator is particularly useful for scalpers because it focuses on detecting short-term price momentum by comparing the faster-moving averages with slower ones, triggering signals based on their crossover.
Buy Signals are generated when a fast-moving EMA crosses above a slower-moving SMA, indicating upward momentum.
Sell Signals are triggered when the fast-moving EMA crosses below the slower-moving SMA, signaling potential downward price movement.
In addition, the Adaptive Trend Finder feature dynamically adjusts to recent price deviations and volatility, making it easier for scalpers to spot the prevailing short-term trend with high confidence. The indicator also uses ADX (Average Directional Index) for momentum confirmation, ensuring that signals are only generated during strong price trends, reducing false positives in sideways markets.
Long-Term Trading (Above 1-Day Charts)
When applied to higher time frames such as daily charts or above, this indicator excels in generating reliable long-term buy and sell signals, perfect for swing traders and long-term investors. The Kaufman Adaptive Moving Average (KAMA) and the Ichimoku Cloud are used to assess long-term trends by filtering out market noise and focusing on sustainable price direction.
KAMA helps to adapt the moving average based on market volatility, providing smoother signals that minimize whipsawing in longer-term trades.
Ichimoku Cloud provides additional trend confirmation by identifying whether the market is bullish or bearish based on the relationship between key lines like the Tenkan-Sen (Conversion Line) and Kijun-Sen (Base Line), and how the current price interacts with the Ichimoku Cloud itself.
The indicator also integrates PPO (Percentage Price Oscillator) to capture divergences between price and momentum, further supporting traders in holding positions for extended periods when the signal strength is robust.
Key Technical Values and Factors for Signals
EMA and SMA Crossover: Fast EMA vs. Slow SMA to detect short-term trend reversals.
ADX: Helps gauge the strength of the trend; signals are only generated in trending markets.
KAMA: Filters noise in long-term trends, providing smooth signals based on market volatility.
Ichimoku Cloud: Offers insight into long-term trends and momentum by analyzing price relative to the cloud.
PPO: Detects divergences between price and momentum for trend continuation or reversal signals.
How It Works
Buy signals are generated when bullish conditions are met, and the indicator confirms momentum with ADX, crossover of the EMAs, or a bullish breakout from the Ichimoku Cloud.
Sell signals are triggered when bearish conditions prevail, confirmed by the same factors in reverse, such as a bearish EMA crossover or weakness in ADX.
By combining these powerful tools, ZERO LAG TRADE SIGNALS by BootcampZero offers traders a comprehensive system for both quick scalping trades and more conservative long-term positioning, providing reliable and adaptive signals across different market conditions.
DILM TRADING - Market Sentiment and FibonacciDILM TRADING - Market Sentiment and Fibonacci
Overview
The DILM TRADING - Market Sentiment and Fibonacci indicator is designed to provide traders with a comprehensive view of market trends and potential trading opportunities. By combining several popular technical indicators such as the SuperTrend, Fibonacci levels, and multiple sentiment indicators, this tool offers a deep analysis of market dynamics. Each component has been carefully selected to work in harmony, providing users with reliable entry and exit signals and helping them navigate volatile markets.
Why This Combination?
This indicator brings together different elements with specific purposes:
SuperTrend: A trend-following indicator that helps identify the market's current direction and acts as a dynamic stop-loss tool.
Fibonacci Levels: Known for pinpointing potential market reversal points, these levels provide crucial support and resistance areas for traders to set stop-losses and take-profits.
Sentiment Indicators: Tools like RSI, MACD, and Ichimoku are combined to gauge market momentum, allowing traders to assess whether a market is overbought or oversold, and whether the current trend is strong enough to continue or reverse.
The combination of these indicators gives traders a complete framework for analyzing the market: trend direction, market sentiment, and key price levels. Each of these elements works in tandem to provide signals that are both timely and accurate.
Key Features
SuperTrend
Based on the Average True Range (ATR), the SuperTrend indicator is an excellent way to determine the current trend. If the price is above the SuperTrend line, it suggests an uptrend, whereas if the price is below it, a downtrend is indicated. It is also a highly effective tool for setting trailing stop-losses, thereby improving risk management.
Fibonacci Levels
The script automatically calculates Fibonacci retracement levels based on the highest and lowest points within a specific timeframe. These levels are essential for identifying potential reversal zones, key areas for stop-losses, and take-profit levels. The levels adjust according to the prevailing trend, making them a dynamic and responsive tool for any market condition.
Sentiment Indicators
This section integrates multiple sentiment indicators to give a holistic view of market direction:
Ichimoku Cloud: Measures the strength of trends and identifies potential reversal zones using clouds (Kumo).
OBV (On-Balance Volume): Tracks volume changes to confirm the direction of price movements.
CMF (Chaikin Money Flow): Monitors the money flow to identify buying or selling pressure.
RSI (Relative Strength Index): Highlights overbought or oversold conditions, signaling potential trend reversals.
MACD: A reliable tool for identifying bullish and bearish crossovers.
ADX (Average Directional Index): Determines the strength of the prevailing trend, helping to confirm whether it's likely to continue or weaken.
Volatility Filter
The ATR (Average True Range) acts as a filter to identify periods of high or low volatility, helping traders to adapt their strategies to the current market environment. High volatility suggests larger price swings, potentially offering better trading opportunities, while low volatility indicates consolidation or range-bound conditions.
Order Blocks
The script visually identifies bullish and bearish order blocks on the chart. These zones represent areas where significant buying or selling occurred, making them crucial for spotting potential breakout or reversal points.
How to Use
Entry/Exit: Fibonacci levels (50% or 61.8%) serve as potential entry points, while the 0% and 100% levels can be used to set take-profit and stop-loss levels.
Sentiment Analysis: The overall market sentiment is derived from the combination of Ichimoku, OBV, CMF, RSI, ADX, and other tools, helping traders make informed decisions on whether to buy or sell.
Risk Management: Use SuperTrend and Fibonacci levels to set precise stop-loss points and improve risk management.
New Feature: Moving Average and RSI Confirmation
A recent addition allows users to calculate two moving averages (short and long) and the RSI on a timeframe of their choice. An entry signal is generated when the short moving average crosses above the long, and the RSI is below a specific threshold. Conversely, a sell signal is displayed when the short moving average crosses below the long, and the RSI is above a defined level.
Limitations
This indicator may be less effective during periods of low volatility or range-bound markets. It's important to use this tool in conjunction with other analysis techniques, as relying on a single indicator could lead to false signals.
DILM TRADING - Sentiment de marché et Fibonacci
Vue d'ensemble
L'indicateur DILM TRADING - Sentiment de marché et Fibonacci a été conçu pour offrir une vue d'ensemble des tendances du marché et des opportunités de trading potentielles. En combinant plusieurs indicateurs techniques populaires, tels que le SuperTrend, les niveaux de Fibonacci, et divers indicateurs de sentiment, cet outil fournit une analyse complète des dynamiques du marché. Chaque composant a été soigneusement sélectionné pour fonctionner ensemble, offrant des signaux d'entrée et de sortie fiables.
Pourquoi cette combinaison ?
Cette combinaison d'indicateurs permet de fournir un cadre complet pour analyser le marché. Le SuperTrend permet d'identifier la tendance, tandis que les niveaux de Fibonacci aident à déterminer les zones de retournement clés. Les indicateurs de sentiment, comme le RSI et le MACD, ajoutent une dimension supplémentaire en mesurant la force et la direction du marché.
Caractéristiques clés et Utilisation
SuperTrend : Indique la tendance actuelle et propose des niveaux de stop-loss dynamiques.
Niveaux de Fibonacci : Utilisés pour repérer des points de retournement potentiels et définir des niveaux de stop-loss et de take-profit.
Indicateurs de Sentiment : Outils comme l'Ichimoku, le RSI, et l'ADX fournissent une analyse globale du marché, permettant de prendre des décisions éclairées.
Nouvelle fonctionnalité : Confirmation des Moyennes Mobiles et RSI
Cette fonctionnalité permet d'utiliser deux moyennes mobiles et le RSI pour générer des signaux d'achat et de vente basés sur les croisements et les niveaux de surachat/survente du RSI.
Conclusion
Le DILM TRADING - Sentiment de marché et Fibonacci est un outil puissant et polyvalent, conçu pour les traders cherchant à affiner leurs stratégies grâce à une analyse complète des tendances et du sentiment du marché.
Uptrick: Comprehensive Market Sentiment DashboardIntroducing "Uptrick: Comprehensive Market Sentiment Dashboard"—an advanced trading indicator designed to provide traders with a complete and detailed overview of market conditions for multiple assets at a glance. This sophisticated tool is engineered to enhance your trading decisions by consolidating key technical indicators into a single, easy-to-read dashboard. Perfect for both novice and experienced traders, the Uptrick Dashboard is built to offer a competitive edge in the dynamic world of trading.
### Purpose
The primary goal of the Uptrick Dashboard is to equip traders with a powerful, all-in-one solution that streamlines market analysis. By combining multiple technical indicators and presenting their outputs in a cohesive format, this dashboard eliminates the need to toggle between different charts and tools. It delivers a clear, immediate understanding of market sentiment across various assets, enabling faster and more informed trading decisions.
### Features and Inputs
The Uptrick Dashboard integrates several widely-used technical indicators, each customizable to fit your specific trading strategy. Here’s a detailed breakdown of the features and input parameters:
1. **Exponential Moving Average (EMA)**
- **Input Parameter:** EMA Length
- **Purpose:** Tracks the asset’s price trend by smoothing out price data over a specified period.
2. **Simple Moving Average (SMA)**
- **Input Parameter:** SMA Length
- **Purpose:** Provides a simpler, more straightforward calculation of price trends compared to EMA.
3. **Relative Strength Index (RSI)**
- **Input Parameter:** RSI Length
- **Purpose:** Measures the magnitude of recent price changes to evaluate overbought or oversold conditions.
4. **Moving Average Convergence Divergence (MACD)**
- **Input Parameters:** MACD Fast Length, MACD Slow Length, MACD Signal Length
- **Purpose:** Identifies changes in the strength, direction, momentum, and duration of a trend.
5. **Bollinger Bands (BB)**
- **Input Parameters:** BB Length, BB StdDev
- **Purpose:** Provides a visual representation of volatility and relative price levels over a specified period.
6. **Ichimoku Cloud**
- **Input Parameters:** Ichimoku Tenkan Length, Ichimoku Kijun Length, Ichimoku Span A Length, Ichimoku Span B Length
- **Purpose:** Offers a comprehensive view of support and resistance levels, momentum, and trend direction.
7. **Supertrend**
- **Input Parameters:** Supertrend ATR Length, Supertrend Multiplier
- **Purpose:** Combines trend direction and volatility to provide buy and sell signals.
8. **Symbols Input**
- **Input Parameter:** Symbols (comma separated)
- **Purpose:** Allows users to specify and monitor multiple assets simultaneously.
### Customization and Flexibility
Each indicator within the Uptrick Dashboard is fully customizable, allowing you to adjust parameters to align with your trading strategy. Whether you prefer short-term trading with faster indicators or long-term analysis with slower, more reliable data, this dashboard can be tailored to meet your needs.
### Key Differentiators
What sets the Uptrick Dashboard apart from other market sentiment tools is its unparalleled integration of multiple technical indicators into a single, comprehensive view. This consolidation not only saves time but also provides a more holistic understanding of market conditions. Here’s what makes the Uptrick Dashboard unique:
- **Integrated Analysis:** Combines multiple indicators to provide a unified market sentiment.
- **Customizable Inputs:** Each indicator can be adjusted to suit your specific trading strategy.
- **Multi-Asset Monitoring:** Track and analyze several assets simultaneously.
- **User-Friendly Interface:** Designed for ease of use, presenting data in an organized, visually appealing format.
- **Real-Time Updates:** Continuously updates to reflect the latest market data.
### Future Updates
We are committed to continually improving the Uptrick Dashboard to ensure it remains a valuable tool in your trading arsenal. Users can expect regular updates that will introduce new features, enhance existing functionalities, and incorporate user feedback. Future updates may include:
- **Additional Indicators:** Introducing new technical indicators to provide even deeper insights.
- **Enhanced Visualization:** Improved graphical representations for better data interpretation.
- **Automation Features:** Tools to automate certain trading strategies based on indicator outputs.
- **User Customization:** More options for personalizing the dashboard to fit individual preferences.
### How It Works
The Uptrick Dashboard operates by calculating key technical indicators for each specified asset and displaying the results in a neatly organized table. Here’s a closer look at how it works:
1. **Input Parameters:** Users input their preferred settings for each indicator, including the list of assets to monitor.
2. **Data Retrieval:** The dashboard retrieves real-time market data for each specified asset.
3. **Indicator Calculation:** Using the input parameters, the dashboard calculates the values for each technical indicator.
4. **Visual Display:** Results are displayed in a table format, highlighting key information such as price, 24-hour change, and sentiment indicators (e.g., MACD, RSI, Bollinger Bands).
5. **Final Position:** The dashboard calculates an overall market position (Long, Short, or Neutral) based on the combined outputs of the individual indicators.
### Conclusion
The "Uptrick: Comprehensive Market Sentiment Dashboard" is a must-have tool for traders seeking a streamlined, efficient way to monitor market conditions across multiple assets. By integrating essential technical indicators into a single, customizable dashboard, it provides a comprehensive view of market sentiment, facilitating quicker and more informed trading decisions. Stay ahead of the market with Uptrick and experience the difference that a well-designed, all-in-one trading tool can make.
With regular updates and a commitment to excellence, the Uptrick Dashboard is poised to evolve continually, adapting to the changing needs of traders and the dynamics of the market. Whether you’re a seasoned trader or just starting out, the Uptrick Dashboard offers the insights and flexibility needed to enhance your trading strategy. Invest in the Uptrick Dashboard today and take your trading to the next level.
Golden trend alertHI there,
This is indcator support to manage trend of market better.
I would summarize this function as below :
1/ Define golden trend of market by ichimoku.
2/ Able to manage 19 assets at the same time.
3/ Alert to you whenever signal come in. Alert by Email, notifications ..etc.. based on your setting.
Guidance to use :
1/To change the asset you monitor, you can double click on indicator --> Change the assets from "Sy01" --> "Sy19" into your target.
2/ To change to period you monitor, you can double click on indicator --> Change the Surveyed timeframe as below :
1 --> 1 minute timeframe
240 --> 4H timeframe
1D --> Daily timeframe
1W --> Weekly timeframe
1M --> Monthly timeframe
How signals were describeb on the chart
1/ Up-green arrow : Golden trend for up trend
2/ Down-red arrow : Golden trend for down trend
Hope my indicator help you manage porfolio better.
Regards,
Jayce pHAM
Supertrend GoldSignalThis indicator is a combination of two atr with numbers 1.6 and 0.8
The signals that are displayed on the chart are the points where both atr signaled at the same time (if distance = 0).
-The atr1 check box is only for displaying atr signals with the number 1.6. You can choose the atr1 number in the slow multiplier section.
-The atr2 check box is only for displaying atr signals with a number of 0.8. You can select the number of atr2 in the fast multiplier section.
-Note: If the atr1 and atr2 checkboxes are off, only simultaneous signals will be displayed on the chart (that is, points where atr1 and atr2 signaled at the same time).
-In the distance section, you can specify the distance between the atr1 and atr2 signals, if it is zero, it means that the atr1 and atr2 signals must be given on the same candle.
For example, if the value of distance is 5, it means that atr1 and atr2 signals can have a distance of 5 candles.
-The filter check box is for filtering signals using boxes 9, 26 and 52 in Ichimoku.
At the points where we have signals, boxes of 9 candles, 26 candles and 52 candles are drawn, and for long signals, the bottom of the boxes must be equal, and for short signals, the top of the boxes must be equal,Signals that do not meet this condition are removed.
1CH1M0KU 8UY 53LL description:
green triangles: baseline up = buy, red triangles : below baseline = down: sell, red arrows: below conversion line =half sell, green arrows: institutional buy = addon ,blue labels: big volume = addon.
This Indicator is based on ichimoku but in modified manner. to understand ichimoku entry exit very easily.
don't have to look & analyze complex ichimoku lines, untick all ichimoku components, only activate shapes to ease out entry exit signal.
use Base Line as Stoploss. This provide nice Risk to Reward ratio more than 1:3.
Wyichi AI 4.0Wyckoff logic : " Charles H. Dow and his colleague Edward Jones (Dow Jones & Company since 1882). The Dow Theory's final tenet is, "Trend Remains In Effect Until Clear Reversal Occurs." Dow Theorists look for "failure swings" and confirmations to give unambiguous signals of trend fatigue or trend reversal, according to this concept. Any pattern, whether it's a continuation pattern like a Flag Formation or a reversal pattern like Head & Shoulders , is designed to repeat itself over and over again."
Ichimoku : " An Ichimoku practitioner should be able to get a quick sense of sentiment, momentum, and trend strength by looking at an Ichimoku chart , Hosada was a fervent belief that market dynamics or behavior reflected human group dynamics. He felt that human conduct in their lives and relationships might be defined as a continual cyclical movement away from and back toward balance. "
Wyckoff + Ichimoku = Institutional Footprints ( Trade with the banks)
Indicator use Wyckoff pattern ( APD ) and Ichimoku pattern ( Phase ).... or Bermuda Triangle Pattern
[ADOL_]反一目(Basic)
ENG) Cloud of Inverted Ichimoku Equilibrium
It is an anti-Ichimoku indicator that built the Ichimoku Equilibrium in the form of a coastline.
This is the Basic version of the prototype and consists only of simple indicators.
1. Concept & Principle
By giving variations to the standards of one look and setting the range below,
In the form of a coastline, the cloud coverage of the Ichimoku is created.
It improves the readability of breakout points and trends.
2. Option
You can set the range and bottom line you want to plot on the indicator.
Enter the price near the current price in the Range setting.
3. Recommended Timeframe
15 minutes of basic use. Available all other times.
4. Trading method
- Use as a Breakout strategy.
- Can be used with DOUBLE ICHIMOKU MODE.
- It is used as a basis for overlapping with other indicators that you trade.
5. Note
You are solely responsible for any trading decisions you make.
KOR) 반전된 일목균형의 구름
일목균형을 해안선 형태로 구축한 反(반)일목 지표입니다.
프로토타입의 Basic 버전으로 단순 지표로만 구성되어 있습니다.
1. 개념 & 원리
일목의 기준들에 변주를 주고 아래로 레인지 범위를 설정하여
해안선의 형태로 일목균형의 구름 범위를 만든 것입니다.
breakout 지점과 추세에 대한 가독성을 높여줍니다.
2. 옵션
지표에서 플로팅하고자 하는 범위와 하단선을 설정할 수 있습니다.
Range설정에서 현재가 부근의 가격을 입력합니다.
3. 추천 타임프레임
15분봉 기본사용. 기타 모든 시간 사용 가능.
4. 매매방법
- Breakout(돌파) 전략으로 사용합니다.
- DOUBLE ICHIMOKU MODE와 함께 사용할 수 있습니다.
- 기타 본인이 매매하는 다른 지표와 중첩의 근거로 활용합니다.
5. 참고
귀하가 내리는 모든 거래 결정은 전적으로 귀하의 책임입니다.
TopTenAlgo 2. HFT Algo for CryptoEN: High Frequency Trade Algo TVQ is an advanced algorithmic system developed using Volume Weighted / Exponential Moving Averages, vWap and Ichimoku . Said indicators are re-blended with the Volume Weighted Average ( vWap ) algorithm used by Merryl Lynch or Yapıkredi algorithms. It does not act like the classic Ichimoku or Moving Averages. TVQ was used instead of RSI . High Frequency Trade Algo's incorporate a 3-sided trading strategy that detects Risk Areas and allows you to stay Flat if necessary (red and white circles above the bars) or generates appropriate signals in the buy and sell regions, that measures the risk. In the triangle or flat / horizontal corrections you need to stay flat, it warns you beforehand that you are in the risky area, while the trend will occur, it warns you with a buy or sell signal.
This algorithm is prepared with @Top10Algo ... Optimization Risky and Wait Zone
TR: High Frequency Trade Algo TVQ, Hacim Ağırlıklı/Exponential Hareketli Ortalamalar, vWap ve Ichimoku kullanarak geliştirilen gelişmiş bir algoritmik sistemdir. Bahsi geçen göstergeler Merryl Lynch yada Yapıkredi algoritmalarının kullandığı Volume Weighted Average ( vWap ) algoritması ile yeniden harmanlanmıştır. Klasik Ichimoku yada Hareketli Ortalamalar gibi hareket etmez. RSI yerine TVQ kullanılmıştır. High Frequency Trade Algo’ lar Riskli Bölgeleri tespit edip gerekirse Flat kalmanızı sağlayan(barların üstündeki kırmızı ve beyaz daireler) yada alım ve satım bölgelerinde uygun sinyaller üreten yani riski ölçen 3 taraflı bir trading stratejisini içinde barındırır. Flat kalmanız gereken üçgen yada yassı/yatay düzeltmelerde sizi riskli bölgede olduğunuz konusunda önceden uyarırken, trend oluşacağı zamanda al yada sat sinyali ile önceden uyarır.
Bu algoritma @Top10Algo ile beraber hazırlanmıştır...Riskli ve Bekleme yapılan Flat bölgelerle ile ilgili iyileştirmeler yapıldı...
TopTenAlgo 2. HFT AlgoEN: High Frequency Trade Algo TVQ is an advanced algorithmic system developed using Volume Weighted / Exponential Moving Averages, vWap and Ichimoku . Said indicators are re-blended with the Volume Weighted Average ( vWap ) algorithm used by Merryl Lynch or Yapıkredi algorithms. It does not act like the classic Ichimoku or Moving Averages. TVQ was used instead of RSI . High Frequency Trade Algo's incorporate a 3-sided trading strategy that detects Risk Areas and allows you to stay Flat if necessary (red and white circles above the bars) or generates appropriate signals in the buy and sell regions, that measures the risk. In the triangle or flat / horizontal corrections you need to stay flat, it warns you beforehand that you are in the risky area, while the trend will occur, it warns you with a buy or sell signal.
This algorithm is prepared with @Top10Algo ... Optimization Risky and Wait Zone
TR: High Frequency Trade Algo TVQ, Hacim Ağırlıklı/Exponential Hareketli Ortalamalar, vWap ve Ichimoku kullanarak geliştirilen gelişmiş bir algoritmik sistemdir. Bahsi geçen göstergeler Merryl Lynch yada Yapıkredi algoritmalarının kullandığı Volume Weighted Average ( vWap ) algoritması ile yeniden harmanlanmıştır. Klasik Ichimoku yada Hareketli Ortalamalar gibi hareket etmez. RSI yerine TVQ kullanılmıştır. High Frequency Trade Algo’ lar Riskli Bölgeleri tespit edip gerekirse Flat kalmanızı sağlayan(barların üstündeki kırmızı ve beyaz daireler) yada alım ve satım bölgelerinde uygun sinyaller üreten yani riski ölçen 3 taraflı bir trading stratejisini içinde barındırır. Flat kalmanız gereken üçgen yada yassı/yatay düzeltmelerde sizi riskli bölgede olduğunuz konusunda önceden uyarırken, trend oluşacağı zamanda al yada sat sinyali ile önceden uyarır.
Bu algoritma @Top10Algo ile beraber hazırlanmıştır...Riskli ve Bekleme yapılan Flat bölgelerle ile ilgili iyileştirmeler yapıldı...
TradeChartist Visualizer ™TradeChartist Visualizer is a fully packed Trader's toolkit that helps decide Trade Entries and Exits based on Bollinger Bands and Donchian Channels breakouts and can be further exploited by the use of various visualizers and built in Filters like Ichimoku Cloud, 15 different Moving Averages, RSI, TradeChartist's original MA Visualizer and Automatic Levels Generator.
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Bollinger Bands is a classic indicator that uses a simple moving average of 20 periods, along with plots of upper and lower bands that are 2 standard deviations away from the basis line. These bands help visualize price volatility and trend based on where the price is, in relation to the bands.
Donchian Channels comprises of three plots - a upper band, a lower band and a mean line (or mid line of the channel). The upper band is based on highest high of N periods specified by the user and the lower band is based on the lowest low of N periods specified by the user. These channels help spot price breaching high or low of last N periods clearly, thereby aiding the trader to understand the price action of any security better on any given timeframe.
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╔═════ 𝗕𝗕 & 𝗗𝗼𝗻𝗰𝗵𝗶𝗮𝗻 𝗖𝗵𝗮𝗻𝗻𝗲𝗹𝘀 ═════╗
™TradeChartist Visualizer is based on the idea of Bollinger Bands and Donchian Channels Breakout model for generating Trade Entries. Visualizer uses the following three fundamental plot options from the settings that the user can choose from, to spot breakouts, support/resistance levels and the trading price range of the security.
1. Bollinger Bands
The 𝟏. 𝐁𝐨𝐥𝐥𝐢𝐧𝐠𝐞𝐫 𝐁𝐚𝐧𝐝𝐬 option plots the Bollinger Bands for the chart timeframe (default is 55 SMA with 1 standard Deviation). This can be changed by entering different values in BB Sᴛᴀɴᴅᴀʀᴅ Dᴇᴠɪᴀᴛɪᴏɴ and MA Lᴇɴɢᴛʜ ғᴏʀ BB/Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟs .
To use a different Moving Average for the Bollinger Bands Basis line, uncheck 𝐒𝐌𝐀 𝐁𝐁 𝐨𝐧𝐥𝐲 - 𝐔𝐧𝐜𝐡𝐞𝐜𝐤 𝐟𝐨𝐫 𝐧𝐨𝐧-𝐒𝐌𝐀 𝐁𝐁
The option is enabled as default as it keeps the SMA as standard. Unchecking this option and choosing a different moving average out of the 15 MAs in the dropdown, the plot changes significantly for each. Also a warning label will appear on screen if Standard Deviation more than 1 is used for non standard MA for Bollinger Bands, as the settings must be tested for non-standard Bollinger Bands before planning to trade with it.
2. True Donchian Channels
The 𝟐. 𝐓𝐫𝐮𝐞 𝐃𝐨𝐧𝐜𝐡𝐢𝐚𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬 option plots Donchian Channels by inspecting the lookback lengths for highest highs and lowest lows of the user specified periods, which can be changed in Uᴘᴘᴇʀ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ and Lᴏᴡᴇʀ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ user input boxes from Visualizer settings.
3. Donchian Channels - MA and Non-MA Source
The 𝟑. 𝐃𝐨𝐧𝐜𝐡𝐢𝐚𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬 - 𝐌𝐀/𝐍𝐨𝐧-𝐌𝐀 𝐒𝐨𝐮𝐫𝐜𝐞 option plots modified Donchian Channels based on highest high and lowest low of Moving Average or the Source using user specified periods, which can be changed in Uᴘᴘᴇʀ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ , Lᴏᴡᴇʀ Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟ Lᴇɴɢᴛʜ , MA Lᴇɴɢᴛʜ ғᴏʀ BB/Dᴏɴᴄʜɪᴀɴ Cʜᴀɴɴᴇʟs choosing the source plot from Sᴏᴜʀᴄᴇ and MA Type from MA ᴛʏᴘᴇ - (ғᴏʀ ᴘʟᴏᴛs 1 & 3) . For Donchian Channels plot of Non-MA Source, choose Use Source from MA ᴛʏᴘᴇ - (ғᴏʀ ᴘʟᴏᴛs 1 & 3) dropdown.
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╔═════════ 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 ═════════╗
MA Visualizer is a powerful and very useful original visual method to plot Moving Averages of the close price of the security for user specified look back period in a visually appealing style in the form of colour coded bands. MA Visualizer not only helps the trader spot the price action of the security relative to the moving average, but also paints a visual picture of the trend strength, which must be seen and used on chart to appreciate its elegance.
Activate 𝗠𝗔 𝗩𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗲𝗿 and choose the MA type from MA Vɪsᴜᴀʟɪᴢᴇʀ Tʏᴘᴇ dropdown and entering the lookback period in MA Vɪsᴜᴀʟɪᴢᴇʀ ᴘᴇʀɪᴏᴅ input box. MA Visualizer colour theme can be be changed from MA Vɪsᴜᴀʟɪᴢᴇʀ Cᴏʟᴏʀ Sᴄʜᴇᴍᴇ dropdown.
The faster of the two set of bands that form the MA Visualizer reacts to price action faster and can be clearly seen from its change of colour from Bull Colour to Bear Colour or viceversa earlier than the slower set of bands. The fill colour between the bands also helps the user stay in a trade or exit a trade based on other confirmators or filters included in ™TradeChartist Visualizer .
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╔═══════ 𝗦𝗶𝗴𝗻𝗮𝗹𝘀 𝗮𝗻𝗱 𝗙𝗶𝗹𝘁𝗲𝗿𝘀 ═══════╗
𝗦𝗶𝗴𝗻𝗮𝗹𝘀
Trade Signals can be enabled along with use of various filters from this heading in Visualizer settings. To plot Trade entry markers on chart when a trade signal is generated, enable 𝐁𝐁/𝐃𝐨𝐧𝐜𝐡𝐢𝐚𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬 𝐁𝐫𝐞𝐚𝐤𝐨𝐮𝐭 𝐒𝐢𝐠𝐧𝐚𝐥𝐬.
The script automatically detects the breakouts based on user specified settings under 𝗕𝗕 & 𝗗𝗼𝗻𝗰𝗵𝗶𝗮𝗻 𝗖𝗵𝗮𝗻𝗻𝗲𝗹𝘀. Trade Entries are plotted on the real-time breakout candle, so it is recommended to wait for bar close before taking a position in the direction of the breakout.
𝗙𝗶𝗹𝘁𝗲𝗿𝘀
Various Filters can be used from this heading to reduce noise and help make the trade decision more effective and eliminates unproductive trades when the price is ranging or during sideways movement.
To use Filters, enable 𝐔𝐬𝐞 𝐓𝐫𝐚𝐝𝐞 𝐅𝐢𝐥𝐭𝐞𝐫 and choose the Filters from under Tʀᴀᴅᴇ Fɪʟᴛᴇʀ 1 and Tʀᴀᴅᴇ Fɪʟᴛᴇʀ 2 . If --- is chosen, no filter will be used. Trade filter parameters can be changed from under 𝗙𝗶𝗹𝘁𝗲𝗿 𝗣𝗮𝗿𝗮𝗺𝗲𝘁𝗲𝗿𝘀 section of Visualizer settings. The two trade filter dropdowns enable traders to use upto 2 filters from the following.
══> MA filter - This filters entries after a breakout only if the close price had breached the MA price. Filter MA is based on the same settings as MA Visualizer. This MA used for Filter can also be plotted by enabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐌𝐀 𝐅𝐢𝐥𝐭𝐞𝐫 (𝐌𝐀 𝐕𝐢𝐬𝐮𝐚𝐥𝐢𝐳𝐞𝐫 𝐒𝐞𝐭𝐭𝐢𝐧𝐠𝐬). To view this MA plot clearly, disable MA Visualizer.
══> MA Visualizer filter - This filters entries after a breakout only if both set of MA Visualizer bands had turned into same colour (either Bull or Bear Colour) agreeing with the direction of the breakout.
══> RSI filter - This filters entries after a breakout only if the RSI had crossed above RSI - Lᴏɴɢ Eɴᴛʀʏ Fɪʟᴛᴇʀ for Longs or if RSI had crossed below RSI - Sʜᴏʀᴛ Eɴᴛʀʏ Fɪʟᴛᴇʀ .
══> Kumo Breakout filter - This filters entries after a breakout only if price had closed above or below the Kumo of the Ichimoku Cloud in the direction of the breakout.
══> Price crossing Kijun Sen - This filters entries after a breakout only if close price had crossed Kijun Sen or the Ichimoku Base Line in the direction of the breakout.
To visualize the Kumo Breakout or Price crossing Kijun Sen, Ichimoku Cloud can be plotted on chart by enabling 𝐃𝐢𝐬𝐩𝐥𝐚𝐲 𝐈𝐜𝐡𝐢𝐦𝐨𝐤𝐮 𝐂𝐥𝐨𝐮𝐝 from 𝗙𝗶𝗹𝘁𝗲𝗿 𝗣𝗮𝗿𝗮𝗺𝗲𝘁𝗲𝗿𝘀 section of Visualizer settings.
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╔═══ 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰 𝗟𝗲𝘃𝗲𝗹𝘀 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗼𝗿 ════╗
Enabling 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰 𝗟𝗲𝘃𝗲𝗹𝘀 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗼𝗿 plots support and resistance levels automatically without any input from the user other than preferred levels plot from the indicator settings namely,
Plot Local Levels for Lower TF - Plots all important Support/Resistance levels for mostly smaller time frames (can be used for up to 1hr in most cases). Recommended for Scalping/Swing Trading mostly dependent on volatility.
Plot Local Levels for Higher TF - Plots all important Support/Resistance levels inferred from mostly time frames - Short to Mid term outlook.
Use Trading View Data Window to make effective use of the levels.
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╔═════════ 𝗨𝘀𝗲𝗳𝘂𝗹 𝗘𝘅𝘁𝗿𝗮𝘀 ═════════╗
Volatility exhaustion is detected by the script and plots $ on bar highs for Long Trades and bar lows for Short Trades if Tᴀᴋᴇ Pʀᴏғɪᴛ Bᴀʀs is enabled.
Candles/Bars can be colored with Price action trend strength by enabling Vɪsᴜᴀʟɪᴢᴇʀ Cᴏʟᴏʀ Bᴀʀs and by choosing one of two themes from Bᴀʀ Cᴏʟᴏʀ Sᴄʜᴇᴍᴇ . Bar colors can also be inverted using Iɴᴠᴇʀᴛ Bᴀʀ Cᴏʟᴏʀs option.
To paint the background of the chart to spot trade zones, enable Tʀᴀᴅᴇ Zᴏɴᴇs Bᴀᴄᴋɢʀᴏᴜɴᴅ Fɪʟʟ .
Alerts
Alerts can be created for Long and Short entries by using Once Per Bar Close as Alert Frequency. Entries are generated on Real time bars based on Breakout and filter conditions. It is recommended to wait for bar close before taking a position based on Visualizer Trade Entries.
The indicator does not repaint and can be confidently used for alerts and trade entries without worrying about signals disappearing.
™TradeChartist Visualizer can also be connected to ™TradeChartist Plug and Trade to generate entries along with Targets, Stop Loss plots etc. Target and Stop Loss alerts can be created using Plug and Trade's Alerts system.
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There are several combinations of settings that can be tested on the security traded based on timeframe and risk/reward expectations. The indicator can be used for trade entries with filter combinations or can be used as standalone Visualizer for trend confirmations, levels etc. Following are a few examples using the Visualizer.
Example Charts
1. ETH-USDT 1hr chart using Bollinger Bands (55/1, SMA) with 89 period Hull MA as MA Visualizer filter for BB Entries.
2. AAPL 1hr chart using 34 period Donchian Channels with 89 period Zero-Lag EMA as MA Visualizer filter for Entries.
3.EUR-USD 1hr chart using 34 period Donchian Channels with 89 period TEMA as MA Visualizer Filter for Entries.
4. XBT Daily chart using 9/21 Donchian Channels with Kumo Breakout Filter and 34 period Hull MA Visualizer Filter for Entries connected to Plug and Trade.
5. LINK-USDT 1hr chart using 34 period Donchian Channels with 55 period LSMA MA Visualizer Filter for Entries with Ichimoku Cloud Plot.
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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