MTF Sentiment ProMTF Sentiment Pro - Advanced Multi-Timeframe Analysis
Purpose & Methodology
MTF Sentiment Pro provides traders with comprehensive market sentiment analysis across multiple timeframes. This indicator's unique innovation is its weighted scoring system that evaluates both technical indicators and volume metrics to determine market sentiment across customizable timeframes.
Unlike simple indicator overlays or basic multi-timeframe tools, this indicator:
1. Calculates sentiment using a proprietary weighted formula across 7 different timeframes
2. Incorporates volume confirmation to validate price movements (a critical element often overlooked)
3. Provides clear visualization of sentiment alignment between lower and higher timeframes
4. Uses majority-rule algorithms for overall sentiment determination (2/3 rule for LTF, 3/4 rule for HTF)
Technical Components & Integration
Each timeframe's sentiment score is derived from a combination of:
- **EMA**: Evaluates trend direction and price position relative to moving average
- **RSI**: Measures momentum with sensitivity to the 50-level for trend determination
- **MACD**: Assesses trend strength and momentum through histogram analysis
- **Bollinger Bands**: Determines price volatility and position relative to the mean
- **VWAP**: Provides volume-adjusted price reference
- **OBV**: Confirms price moves with cumulative volume analysis
What makes this combination powerful is how these components are integrated:
- Each indicator contributes a weighted value to the overall sentiment score
- User-definable weights allow customization based on strategy preferences
- Volume confirmation adds a critical dimension beyond basic price-only indicators
- Multi-timeframe analysis helps identify alignment/divergence across time horizons
Trading Applications & Limitations
This indicator works best for:
- Trend confirmation across multiple timeframes
- Identifying potential reversal zones where LTF and HTF sentiments diverge
- Entry/exit timing when paired with your primary strategy rules
- Market structure analysis across different time horizons
Note: While this indicator provides comprehensive sentiment analysis, it should be used as part of a complete trading strategy with proper risk management. No indicator can predict market movements with certainty.
Usage Instructions
1. Select appropriate timeframes for your trading style or use one of the included presets
2. Adjust indicator weights to match your analytical preferences
3. Look for timeframe alignment/divergence to identify potential opportunities
4. Use the overall LTF and HTF sentiment readings for broader market context
This indicator was developed to solve the challenge of efficiently analyzing sentiment across multiple timeframes while incorporating volume confirmation - something that would otherwise require multiple indicators and manual correlation.
Multitimeframe
is_strategyCorrection-Adaptive Trend Strategy (Open-Source)
Core Advantage: Designed specifically for the is_correction indicator, with full transparency and customization options.
Key Features:
Open-Source Code:
✅ Full access to the strategy logic – study how every trade signal is generated.
✅ Freedom to customize – modify entry/exit rules, risk parameters, or add new indicators.
✅ No black boxes – understand and trust every decision the strategy makes.
Built for is_correction:
Filters out false signals during market noise.
Works only in confirmed trends (is_correction = false).
Adaptable for Your Needs:
Change Take Profit/Stop Loss ratios directly in the code.
Add alerts, notifications, or integrate with other tools (e.g., Volume Profile).
For Developers/Traders:
Use the code as a template for your own strategies.
Test modifications risk-free on historical data.
How the Strategy Works:
Main Goal:
Automatically buys when the price starts rising and sells when it starts falling, but only during confirmed trends (ignoring temporary pullbacks).
What You See on the Chart:
📈 Up arrows ▼ (below the candle) = Buy signal.
📉 Down arrows ▲ (above the candle) = Sell signal.
Gray background = Market is in a correction (no trades).
Key Mechanics:
Buy Condition:
Price closes higher than the previous candle + is_correction confirms the main trend (not a pullback).
Example: Red candle → green candle → ▼ arrow → buy.
Sell Condition:
Price closes lower than the previous candle + is_correction confirms the trend (optional: turn off short-selling in settings).
Exit Rules:
Closes trades automatically at:
+0.5% profit (adjustable in settings).
-0.5% loss (adjustable).
Or if a reverse signal appears (e.g., sell signal after a buy).
User-Friendly Settings:
Sell – On (default: ON):
ON → Allows short-selling (selling when price falls).
OFF → Strategy only buys and closes positions.
Revers (default: OFF):
ON → Inverts signals (▼ = sell, ▲ = buy).
%Profit & %Loss:
Adjust these values (0-30%) to increase/decrease profit targets and risk.
Example Scenario:
Buy Signal:
Price rises for 3 days → green ▼ arrow → strategy buys.
Stop loss set 0.5% below entry price.
If price keeps rising → trade closes at +0.5% profit.
Correction Phase:
After a rally, price drops for 1 day → gray background → strategy ignores the drop (no action).
Stop Loss Trigger:
If price drops 0.5% from entry → trade closes automatically.
Key Features:
Correction Filter (is_correction):
Acts as a “noise filter” → avoids trades during temporary pullbacks.
Flexibility:
Disable short-selling, flip signals, or tweak profit/loss levels in seconds.
Transparency:
Open-source code → see exactly how every signal is generated (click “Source” in TradingView).
Tips for Beginners:
Test First:
Run the strategy on historical data (click the “Chart” icon in TradingView).
See how it performed in the past.
Customize It:
Increase %Profit to 2-3% for volatile assets like crypto.
Turn off Sell – On if short-selling confuses you.
Trust the Stop Loss:
Even if you think the price will rebound, the strategy will close at -0.5% to protect your capital.
Where to Find Settings:
Click the strategy name on the top-left of your chart → adjust sliders/toggles in the menu.
Русская Версия
Трендовая стратегия с открытым кодом
Главное преимущество: Полная прозрачность логики и адаптация под ваши нужды.
Особенности:
Открытый исходный код:
✅ Видите всю «кухню» стратегии – как формируются сигналы, когда открываются сделки.
✅ Меняйте правила – корректируйте тейк-профит, стоп-лосс или добавляйте новые условия.
✅ Никаких секретов – вы контролируете каждое правило.
Заточка под is_correction:
Игнорирует ложные сигналы в коррекциях.
Работает только в сильных трендах (is_correction = false).
Гибкая настройка:
Подстройте параметры под свой риск-менеджмент.
Добавьте свои индикаторы или условия для входа.
Для трейдеров и разработчиков:
Используйте код как основу для своих стратегий.
Тестируйте изменения на истории перед реальной торговлей.
Простыми словами:
Почему это удобно:
Открытый код = полный контроль. Вы можете:
Увидеть, как именно стратегия решает купить или продать.
Изменить правила закрытия сделок (например, поставить TP=2% вместо 1.5%).
Добавить новые условия (например, торговать только при высоком объёме).
Примеры кастомизации:
Новички: Меняйте только TP/SL в настройках (без кодинга).
Продвинутые: Добавьте RSI-фильтр, чтобы избегать перекупленности.
Разработчики: Встройте стратегию в свою торговую систему.
Как начать:
Скачайте код из TradingView.
Изучите логику в разделе strategy.entry/exit.
Меняйте параметры в блоке input.* (безопасно!).
Тестируйте изменения и оптимизируйте под свои цели.
Как работает стратегия:
Главная задача:
Автоматически покупает, когда цена начинает расти, и продаёт, когда падает. Но делает это «умно» — только когда рынок в основном тренде, а не во временном откате (коррекции).
Что видно на графике:
📈 Стрелки вверх ▼ (под свечой) — сигнал на покупку.
📉 Стрелки вниз ▲ (над свечой) — сигнал на продажу.
Серый фон — рынок в коррекции (не торгуем).
Как это работает:
Когда покупаем:
Если цена закрылась выше предыдущей и индикатор is_correction показывает «основной тренд» (не коррекция).
Пример: Была красная свеча → стала зелёная → появилась стрелка ▼ → покупаем.
Когда продаём:
Если цена закрылась ниже предыдущей и is_correction подтверждает тренд (опционально, можно отключить в настройках).
Когда закрываем сделку:
Автоматически при достижении:
+0.5% прибыли (можно изменить в настройках).
-0.5% убытка (можно изменить).
Или если появился противоположный сигнал (например, после покупки пришла стрелка продажи).
Настройки для чайников:
«Sell – On» (включено по умолчанию):
Если включено → стратегия будет продавать в шорт.
Если выключено → только покупки и закрытие позиций.
«Revers» (выключено по умолчанию):
Если включить → стратегия будет работать наоборот (стрелки ▼ = продажа, ▲ = покупка).
«%Profit» и «%Loss»:
Меняйте эти цифры (от 0 до 30), чтобы увеличить/уменьшить прибыль и риски.
Пример работы:
Сигнал на покупку:
Цена 3 дня растет → появляется зелёная стрелка ▼ → стратегия покупает.
Стоп-лосс ставится на 0.5% ниже цены входа.
Если цена продолжает расти → сделка закрывается при +0.5% прибыли.
Коррекция:
После роста цена падает на 1 день → фон становится серым → стратегия игнорирует это падение (не закрывает сделку).
Стоп-лосс:
Если цена упала на 0.5% от точки входа → сделка закрывается автоматически.
Важные особенности:
Фильтр коррекций (is_correction):
Это «защита от шума» — стратегия не реагирует на мелкие откаты, работая только в сильных трендах.
Гибкие настройки:
Можно запретить шорты, перевернуть сигналы или изменить уровни прибыли/убытка за 2 клика.
Прозрачность:
Весь код открыт → вы можете увидеть, как формируется каждый сигнал (меню «Исходник» в TradingView).
Советы для новичков:
Начните с теста:
Запустите стратегию на исторических данных (кнопка «Свеча» в окне TradingView).
Посмотрите, как она работала в прошлом.
Настройте под себя:
Увеличьте %Profit до 2-3%, если торгуете валюты.
Отключите «Sell – On», если не понимаете шорты.
Доверяйте стоп-лоссу:
Даже если кажется, что цена развернётся — стратегия закроет сделку при -0.5%, защитив ваш депозит.
Где найти настройки:
Кликните на название стратегии в верхнем левом углу графика → откроется меню с ползунками и переключателями.
Важно: Стратегия предоставляет «рыбу» – чтобы она стала «уловистой», адаптируйте её под свой стиль торговли!
Moving Average and Pearson LevelsMoving Average and Pearson Levels Indicator
This Pine Script indicator combines a customizable moving average (MA) with Pearson correlation analysis to provide traders with deeper insights into trends and key reference levels. It overlays a Pearson-adjusted moving average on price charts and highlights levels based on correlation for potential trading opportunities. With flexible parameters, it adapts to various trading styles.
Key Features
Pearson-Adjusted Moving Average
Combines a basic MA (SMA, EMA, WMA, or VWMA) with a Pearson correlation adjustment to reflect trend strength.
Adjustable: MA length, price source, smoothing, and line thickness.
Optional color changes based on trends (positive/negative).
Pearson Correlation Levels
Plots smoothed Pearson correlation with upper/lower thresholds to signal strong or weak trends.
Marks entry levels with price labels and dynamic colors when thresholds are crossed.
Customizable: Pearson length, smoothing, thresholds, and colors.
Reference Levels and Alerts
Optional dotted lines for upper, lower, and zero correlation thresholds.
Alerts for bullish MA signals (crossing the lower threshold) and bearish signals (crossing below the upper threshold).
How It Works
Moving Average: Calculates a standard moving average enhanced by a Pearson adjustment based on price trends over a given period.
Pearson Levels: Computes the strength of correlation, smoothed for better readability, and plots price lines at threshold crossings.
Visualization: Displays the MA and levels with trend-reactive colors and optional reference lines.
Usage
Ideal for traders who combine traditional MAs with statistical trend analysis.
Adjust the MA type and Pearson length for short-term or long-term strategies.
Use correlation levels for reversal signals or trend confirmation.
Customization Options
MA Parameters: Select the type, length, and smoothing of the MA; toggle visibility and color changes.
Pearson Levels: Adjust thresholds, line thickness, and label colors.
Display Options: Show/hide reference lines and the standard MA for comparison purposes.
Example Settings
MA Length: 20
Type: EMA
Pearson Length: 15
Thresholds: 0.7/-0.7
Colors: Positive (black), Negative (green), Levels (gray)
Notes
Optimize based on your preferred timeframe.
Adjust smoothing to balance responsiveness and clarity.
Try it out, customize it to your needs, and enhance your trading setup! Feedback and suggestions are welcome.
MTF Moving Averages (only EMA)MTF Moving Averages (only EMA)
This script provides a Multi-Timeframe (MTF) Exponential Moving Average (EMA) indicator for traders to visualize multiple EMAs across different timeframes directly on a single chart.
The indicator dynamically calculates and plots up to four EMAs per timeframe (15-minute, 30-minute, 1-hour, and Daily) with user-defined lengths, offering valuable insight into price trends and potential entry or exit points.
Key Features:
Multiple Timeframe Support: The script allows you to view EMAs from different timeframes simultaneously. This is especially useful for traders who follow trends across different timeframes to make more informed decisions.
Customizable Lengths: For each timeframe, the lengths of the EMAs are fully customizable. You can adjust the length of up to four EMAs per timeframe to suit your strategy.
EMA Calculation: The Exponential Moving Average (EMA) is used, which gives more weight to recent prices and reacts faster to price changes compared to the simple moving average (SMA).
Timeframe Flexibility: The indicator supports the following timeframes:
15-minute: Ideal for short-term traders and scalpers.
30-minute: For intraday trading with a slightly longer perspective.
1-hour: Suitable for swing traders and those who prefer a more medium-term view.
Daily: Great for longer-term trend-following strategies.
Interactive and User-Friendly: You can toggle the visibility of each EMA on each timeframe, allowing you to choose exactly which EMAs you wish to display, depending on your trading strategy.
Color-Coded for Clarity: The script uses distinct colors for each EMA on the chart:
Blue: EMA1
Green: EMA2
Red: EMA3
Purple: EMA4
Line Width Customization: Each plotted EMA line has a customizable width for better visual clarity.
Use Case:
Traders who use multiple timeframes for analysis (e.g., those using the "multi-timeframe analysis" technique) will find this script particularly useful. For example, a trader may look at the 15-minute chart to catch short-term movements, the 30-minute chart for intraday trends, the 1-hour chart for swing positions, and the Daily chart for identifying the overarching market trend. The script enables them to view the EMAs for all these timeframes in one glance without having to manually switch between them.
By observing the relationships between EMAs across multiple timeframes, traders can gain valuable insights into market conditions such as:
Crossovers: When a shorter-term EMA crosses above or below a longer-term EMA, it can signal a potential trend reversal or continuation.
Trend Strength: Multiple EMAs in alignment across different timeframes can indicate strong trend strength.
Support and Resistance: EMAs can act as dynamic support and resistance levels, guiding traders on price action levels to watch for potential price reversals.
Instructions:
Enable/Disable EMAs: Toggle on or off the EMAs for each timeframe (15-min, 30-min, 1-hour, Daily) using the script’s settings.
Adjust EMA Lengths: Change the default lengths for each EMA to match your preferred settings for different timeframes.
Monitor Key Levels: Watch how price interacts with the plotted EMAs to spot potential trading signals based on your strategy.
This indicator is designed to enhance your multi-timeframe analysis and help make more informed, data-driven trading decisions.
Custom Previous High/Low + Breakout AlertsThis indicator plots the previous high and low of the selected timeframe and alerts you when the price breaks either level.
To prevent spam, it triggers only once per period. If both the high and low break within the same period, you will receive an alert for each, but no duplicates if price hovers around these levels.
How to Set Up Alerts
1. Choose Your Timeframe
- In the indicator settings, select the timeframe for the high/low reference.
- Example: If you select 1 hour, the indicator will plot the previous 1-hour high and low and alert you when either level is broken
2. Create an Alert
- Condition → High/Low Break Alerts
- Function → Any alert() function call
Optional:
- If you want alerts only for high breakouts or low breakouts, select High Breakout or Low Breakout and use "Once Per Bar" as the trigger. (It will still alert only once per period.)
3. Setting Alerts for Multiple Timeframes
- If you want to create another alert for a different timeframe, first select the new timeframe in the indicator settings, then create a new alert
- Note: Previous alerts will continue to notify you based on the timeframe they were originally set for, even if you change the timeframe in the indicator settings.
Neon Momentum Waves StrategyIntroduction
The Neon Momentum Waves Strategy is a momentum-based indicator designed to help traders visualize potential shifts in market direction. It builds upon a MACD-style calculation while incorporating an enhanced visual representation of momentum waves. This approach may assist traders in identifying areas of increasing or decreasing momentum, potentially aligning with market trends or reversals.
How It Works
This strategy is based on a modified MACD (Moving Average Convergence Divergence) method, calculating the difference between two Exponential Moving Averages (EMAs). The momentum wave represents this difference, while an additional smoothing line (signal line) helps highlight potential momentum shifts.
Key Components:
Momentum Calculation:
Uses a fast EMA (12-period) and a slow EMA (26-period) to measure short-term and long-term momentum.
A signal line (20-period EMA of the MACD difference) smooths fluctuations.
The histogram (momentum wave) represents the divergence between the MACD value and the signal line.
Interpreting Momentum Changes:
Momentum Increasing: When the histogram rises above the zero line, it may indicate strengthening upward movement.
Momentum Decreasing: When the histogram moves below the zero line, it may signal a weakening trend or downward momentum.
Potential Exhaustion Points: Users can define custom threshold levels (default: ±10) to highlight when momentum is significantly strong or weak.
Visual Enhancements:
The neon glow effect is created by layering multiple plots with decreasing opacity, enhancing the clarity of momentum shifts.
Aqua-colored waves highlight upward momentum, while purple waves represent downward momentum.
Horizontal reference lines mark the zero line and user-defined thresholds to improve interpretability.
How It Differs from Traditional Indicators
Improved Visualization: Unlike standard MACD histograms, this approach provides clearer visual cues using a neon-style wave format.
Customizable Thresholds: Rather than relying solely on MACD crossovers, users can adjust sensitivity settings to better suit their trading style.
Momentum-Based Approach: The strategy is focused on visualizing shifts in momentum strength, rather than predicting price movements.
Potential Use Cases
Momentum Trend Awareness: Helps traders identify periods where momentum appears to be strengthening or fading.
Market Structure Analysis: May complement other indicators to assess whether price action aligns with momentum changes.
Flexible Timeframe Application: Can be used across different timeframes, depending on the trader’s strategy.
Important Considerations
This strategy is purely momentum-based and does not incorporate volume, fundamental factors, or price action confirmation.
Momentum shifts do not guarantee price direction changes—they should be considered alongside broader market context.
The strategy may perform differently in trending vs. ranging markets, so adjustments in sensitivity may be needed.
Risk management is essential—traders should apply proper stop-losses and position sizing techniques in line with their risk tolerance.
Conclusion
The Neon Momentum Waves Strategy provides a visually enhanced method of tracking momentum, allowing traders to observe potential changes in market strength. While not a predictive tool, it serves as a complementary indicator that may help traders in momentum-based decision-making. As with any technical tool, it should be used as part of a broader strategy that considers multiple factors in market analysis.
Intrabar Volume Distribution [BigBeluga]Intrabar Volume Distribution is an advanced volume and order flow indicator that visualizes the buy and sell volume distribution within each candlestick.
🔔 Before Use:
Turn off the background color of your candles for clear visibility.
Overlay the indicator on the top layout to ensure accurate alignment with the price chart.
🔵 Key Features:
Inside Bar Volume Visualization:
Each candlestick is divided into two columns:
Left column displays the sell % volume amount.
Right column displays the buy % volume amount.
Provides a clear representation of buyer-seller activity within individual bars.
Percentage Volume Labels:
Labels above each bar show the percentage share of sell and buy volume relative to the total (100%).
Quickly assess market sentiment and volume imbalances.
Point of Control (POC) Levels:
Orange dashed lines mark the POC inside each bar, indicating the price level with the highest traded volume.
Helps identify key liquidity zones within individual candlesticks.
Multi-Timeframe Volume Analysis:
The indicator automatically uses a timeframe 20-30 times lower than the current one to gather detailed volume data.
For each higher timeframe candle, it collects 20-30 bars of lower timeframe data for precise volume mapping.
Each bar is divided into 100 volume bins to capture detailed volume distribution across the price range.
Bins are filled based on the aggregated volume from the lower timeframe data.
Lookback Period:
Allows traders to select how many bars to display with delta and volume information.
The beginning of the selected lookback period is marked with a gray line and label for quick reference.
Indicator displays up to 80 bars back
🔵 Usage:
Order Flow Analysis: Monitor buy/sell volume distribution to spot potential reversals or continuations.
Liquidity Identification: Use POC levels to locate areas of strong market interest and potential support/resistance.
Volume Imbalance Detection: Pay attention to percentage labels for quick recognition of buyer or seller dominance.
Scalping & Intraday Trading: Ideal for traders seeking real-time insight into order flow and volume behavior.
Historical Analysis: Adjust the lookback period to analyze past price action and volume activity.
Intrabar Volume Distribution is a powerful tool for traders aiming to gain deeper insight into market sentiment through detailed volume analysis, allowing for more informed trading decisions based on real-time order flow dynamics.
Market DNA: Structure, Volume, Range, and SessionsMarket DNA: Structure, Volume, Range, and Sessions**
The Market DNA indicator combines market structure, volume analysis, trading ranges, and global trading sessions into a single, comprehensive tool for traders. It helps identify key price levels, volume patterns, consolidation phases, and active market periods, enabling informed trading decisions.
Market Structure Detects swing highs and lows using `ta.pivothigh` and `ta.pivotlow`, plotting them as red/green triangles to highlight support/resistance and trend reversals.
- Fractal Volume Zones (FVG): Highlights areas of significant buying/selling pressure by comparing current volume to an average over a lookback period; high-volume zones are marked with a semi-transparent blue background.
- Trading Range: Defines a price channel using the Average True Range (ATR) and a multiplier, creating upper/lower bands to identify consolidation, breakouts, and potential trade levels.
- Market Sessions: Highlights major global trading sessions (Asia, Europe, US) with colored backgrounds (purple, teal, yellow) to indicate liquidity and volatility shifts.
How It Works
- Swing points help analyze trends and reversals.
- FVG confirms price movements with high volume for stronger signals.
- Trading range bands assist in identifying breakout opportunities and setting stops/take-profits.
- Session highlights allow traders to adapt strategies based on regional activity.
Customization
- Adjust `swing_length` for sensitivity in detecting turning points.
- Modify `volume_lookback` to control volume averaging.
- Tune `range_multiplier` for wider/narrower trading bands.
- Enable/disable session highlighting via `session_highlight`.
Use Cases
- Identify trends and key levels using swing points and FVG.
- Spot breakout opportunities with trading range bands.
- Adapt strategies to regional trading sessions for optimal timing.
This all-in-one indicator provides a clear, customizable view of the market, empowering traders to make data-driven decisions across asset classes and timeframes.
CountdownsDisplays a table of countdowns of the current bar on different time frames.
It shows how much time is left until candle close if we were to change the chart to that time frame, but without the need to do so.
An adaptation of 'Countdown Candle RRS' by reza9300 (), including up to 10 customizable time frames, plus some additional table styling options.
Usage:
Add the indicator to your chart to see a table of countdown timers.
Adjust the settings to customize the appearance and to check / uncheck which time frames to include.
Notes:
Updates are based on price changes, so counters may appear 'frozen' or 'lagging' when there is no real time tick update in price.
OHLC OLHC - Monthly, Weekly, Daily and HourlyThis indicator plots the previous day's (or any selected timeframe’s) Open, High, Low, and Close (OHLC) levels on the current chart. It helps traders analyze historical price levels to identify support and resistance zones.
Key Features:
Multi-Timeframe Support:
Users can select a timeframe (D, W, M, etc.) to fetch previous OHLC data.
The script requests OHLC values from the selected timeframe and overlays them on the current chart.
Customizable Display Options:
Users can choose to display only the last OHLC levels instead of all past session levels.
Users can extend the OHLC lines across the chart.
Background Highlighting:
The script fills the background only for the Previous Open and Previous Close levels, making them visually distinct.
Previous High and Low levels do not have background color.
This script is particularly useful for day traders and swing traders who rely on key price levels to make trading decisions. Let me know if you need further refinements!
Cumulative Price Change AlertCumulative Price Change Alert
Version: 1.0
Author: QCodeTrader 🚀
Overview 🔍
The Cumulative Price Change Alert indicator analyzes the percentage change between the current and previous open prices and sums these changes over a user-defined number of bars. It then generates visual buy and sell signals using arrows and labels on the chart, helping traders spot cumulative price momentum and potential trading opportunities.
Key Features ⚙️
Customizable Timeframe 🕒:
Use a custom timeframe or default to the chart's timeframe for price data.
User-Defined Summation 🔢:
Specify the number of bars to sum, allowing you to analyze cumulative price changes.
Custom Buy & Sell Conditions 🔔:
Set individual percentage change thresholds and cumulative sum thresholds to tailor signals for
your strategy.
Visual Alerts 🚀:
Displays green upward arrows for buy signals and red downward arrows for sell signals directly
on the chart.
Informative Labels 📝:
Provides labels with formatted percentage change and cumulative sum details for the analyzed
bars.
Versatile Application 📊:
Suitable for stocks, forex, crypto, commodities, and more.
How It Works ⚡
Price Change Calculation ➗:
The indicator calculates the percentage change between the current bar's open price and the
previous bar's open price.
Cumulative Sum ➕:
It then sums these percentage changes over the last N bars (as specified by the user).
Signal Generation 🚦:
Buy Signal 🟢: When both the individual percentage change and the cumulative sum exceed
their respective buy thresholds, a green arrow and label are displayed.
Sell Signal 🔴: Conversely, if the individual change and cumulative sum fall below the sell
thresholds, a red arrow and label are shown.
How to Use 💡
Add the Indicator ➕:
Apply the indicator to your chart.
Customize Settings ⚙️:
Set a custom timeframe if desired.
Define the number of bars to sum.
Adjust the buy/sell percentage change and cumulative sum thresholds to match your trading
strategy.
Interpret Visual Cues 👀:
Monitor the chart for green or red arrows and corresponding labels that signal potential buy or
sell opportunities based on cumulative price movements.
Settings Explained 🛠️
Custom Timeframe:
Select an alternative timeframe for analysis, or leave empty to use the current chart's timeframe.
Number of Last Bars to Sum:
Determines how many bars are used to compute the cumulative percentage change.
Buy Condition - Min % Change:
The minimum individual percentage change required to consider a buy signal.
Buy Condition - Min Sum of Bars:
The minimum cumulative percentage change over the defined bars needed for a buy signal.
Sell Condition - Max % Change:
The maximum individual percentage change threshold for a sell signal.
Sell Condition - Max Sum of Bars:
The maximum cumulative percentage change over the defined bars for triggering a sell signal.
Best Use Cases 🎯
Momentum Identification 📈:
Quickly spot strong cumulative price movements and momentum shifts.
Entry/Exit Signals 🚪:
Use the visual signals to determine potential entry and exit points in your trading.
Versatile Strategy Application 🔄:
Effective for scalping, swing trading, and longer-term analysis across various markets.
UPD: uncheck labels for better performance
Mon to Fri + LSE and NYSE📌 Highlight Custom Days & Market Hours Indicator 📌
🔹 Overview:
This script allows traders to visually highlight specific weekdays and market sessions directly on their TradingView charts. With customizable checkboxes, you can choose which days of the week to highlight, along with session times for the New York Stock Exchange (NYSE) and London Stock Exchange (LSE).
🔹 Features:
✅ Select individual weekdays (Monday–Friday) to highlight in blue
✅ Highlight NYSE open hours (2:30 PM – 9:30 PM UK time) in green
✅ Highlight LSE open hours (8:00 AM – 4:30 PM UK time) in orange
✅ Ensures NYSE & LSE sessions are only highlighted on weekdays (no weekends)
✅ Clean and simple visualization for enhanced market awareness
🔹 How to Use:
1️⃣ Add the indicator to your TradingView chart
2️⃣ Use the settings panel to enable/disable specific weekdays
3️⃣ Toggle NYSE or LSE session highlights based on your trading preference
🚀 Perfect for traders who follow institutional sessions and want better time-based confluence in their strategies!
LDO Support and Resistance with Trend LinesUnderstanding the Indicator on Your Chart
Support Lines (Green): These horizontal lines represent price levels where LDO is likely to find buying interest, preventing further declines. They turn a semi-transparent green when the price is above them and blue when below.
Resistance Lines (Blue): These horizontal lines indicate price levels where selling pressure may halt upward movements. They turn a semi-transparent blue when the price is below them and green when above.
Trend Lines (Blue for Resistance, Green for Support): Diagonal lines show the overall trend direction. Blue trend lines indicate resistance (price may struggle to rise above), and green trend lines indicate support (price may find a floor).
Pivots: Small triangles appear above or below candles to mark pivot highs (resistance) and pivot lows (support), helping you identify key turning points.
Customizing the Indicator
You can tweak the indicator’s behavior through the settings panel. Here’s what each input does:
Show Trend Lines? (Default: True)
Enables or disables the display of trend lines on the chart. Set to false to hide trend lines if you only want support/resistance levels.
Choose Higher Time Frame
Select a higher timeframe (e.g., 1H, 4H, 1D) to display support and resistance levels from that timeframe on your current chart (e.g., 5M or 15M).
Pivot Length Settings (Current and Higher Timeframe):
Pivot Length Left Hand Side (Current/HTF): Adjusts how many bars to the left the indicator looks to identify pivot lows (default: 15 for current, 20 for HTF).
Pivot Length Right Hand Side (Current/HTF): Adjusts how many bars to the right the indicator looks to identify pivot highs (default: 10 for current, 15 for HTF).
Increase these values for fewer, more significant pivots; decrease for more frequent pivots.
Pivot Sources (Trend 1 and Trend 2 Pivots):
Select the price source (e.g., low, high) for calculating pivot lows and highs. Default is low for pivot lows and high for pivot highs.
Line Width Settings:
Lower Time Frame Line Width (Default: 5): Sets the thickness of support/resistance lines on the current timeframe.
Higher Time Frame Line Width (Default: 18): Sets the thickness of support/resistance lines on the higher timeframe.
Show Support & Resistance? (Default: True)
Enables or disables the display of horizontal support and resistance lines. Set to false to hide them if you only want trend lines.
Alert Settings (Under “Alerts” Group):
Enable Trend Line Alerts? (Default: True): Turns alerts on or off for trend line hits.
Alert on Resistance Trend Lines? (Default: True): Enables alerts when the price hits resistance trend lines.
Alert on Support Trend Lines? (Default: True): Enables alerts when the price hits support trend lines.
Alert Message: Customize the alert message format (default: “Price hit trend line at {0}”, where {0} is replaced by the price).
Setting Up Alerts
Enable Alerts in the Indicator:
In the indicator settings, ensure “Enable Trend Line Alerts?” is set to true, and choose whether to alert on resistance or support trend lines.
Create a TradingView Alert:
Click the “Alerts” button (bell icon) at the top of the chart.
Select “Create Alert” and choose this indicator from the “Condition” dropdown.
Set the alert frequency (e.g., once per bar, only once), notification method (e.g., email, popup), and save the alert.
Test the Alerts:
ICT SB Time (Lee B)A minimal and clean indicator that simply plots the ICT Silver Bullet time windows for you on the chart with vertical lines.
It also has the option to show other important times, like 00:00, 8:30, and 9:30. Toggles in settings let you change line color, turn any of them off temporarily, and can limit their visibility to only the lower timeframes for less clutter.
I hope you find this indicator useful... and happy trading!
Lee B
Multi Asset & TF Stochastic
Multi Asset & TF Stochastic
This indicator allows you to compare the stochastic oscillator values of two different assets across multiple timeframes in a single pane. It’s designed for traders who want to analyse the momentum of one asset (by default, the chart’s asset) alongside a second asset of your choice (e.g., comparing EURUSD to the USD Index).
How It Works:
Main Asset:
The indicator automatically uses the chart’s asset for the primary stochastic calculation. You have the option to adjust the timeframe for this asset using a dropdown that includes TradingView’s standard timeframes, a "Chart" option (which automatically uses your chart’s timeframe), or a "Custom" option where you can type in any timeframe.
Second Asset:
You can enable the display of a second asset by toggling the “Display Second Asset” option. Choose the asset symbol (default is “DXY”) and select its timeframe from an identical dropdown. When enabled, the script calculates the stochastic oscillator for the second asset, allowing you to compare its momentum (%K and %D lines) with that of the main asset.
Stochastic Oscillator Settings:
Customize the %K length, the smoothing period for %K, and the smoothing period for %D. Both assets’ stochastic values are calculated using these parameters.
Visual Display:
The indicator plots the %K and %D lines for the main asset in prominent colours. If the second asset is enabled, its %K and %D lines are also plotted in different colours. Additionally, overbought (80) and oversold (20) levels are marked, with a midline at 50, making it easier to gauge market conditions at a glance.
%D line can be toggled off for a cleaner view if required:
Asset Information Table:
A table at the top-centre of the pane displays the active asset symbols—ensuring you always know which assets are being analysed.
How to Use:
Apply the Indicator:
Add the script to your chart. By default, it will use the chart’s current asset and timeframe for the primary stochastic oscillator.
Adjust the Main Asset Settings:
Use the “Main Asset Timeframe” dropdown to select a specific timeframe for the main asset or stick with the “Chart” option for automatic syncing with your current chart.
Enable and Configure the Second Asset (Optional):
Toggle on “Display Second Asset” if you wish to compare another asset. Select the desired symbol and adjust its timeframe using the provided dropdown. Choose “Custom” if you need a timeframe not listed by default.
Review the Plots and Table:
Observe the stochastic %K and %D lines for each asset. The overbought/oversold levels help indicate potential market turning points. Check the table at the top-centre to confirm the asset symbols being displayed.
This versatile tool is ideal for traders who rely on momentum analysis and need to quickly compare the stochastic signals of different markets or instruments. Enjoy seamless multi-asset analysis with complete control over your timeframe settings!
Market Session Times by MadDogMoneyMarket Sessions is a simple indicator allowing you to quickly see the 3 Major Trading Session Open and Close times
Three major Sessions - Asia, UK & NY are included.
(The Australian & Asian markets are so close on time, they have been joined for brevity.)
The Open & Close times for each Session is displayed in the Settings in UTC and can be edited depending on the time of year or market you are following.
By setting the Session indicators partially transparent (as is by default), you can quickly see which Market Sessions, and for how long, they overlap.
Additionally, the Indicator can be hidden for different timeframes.
- 1 HR is the upper limit of visibility
- Visibility on the 1HR, 15min and 5min and below can be toggled on an off to fit your requirements.
