Voluume Indicator"A simple indicator that displays trading volume as a blue histogram in a separate panel. Useful for analyzing market activity and confirming price trends."
"Volume, Histogram, Technical Analysis"
Wskaźniki i strategie
ProScalperProProScalperPro - High-Accuracy Scalping System for All Assets
Description
ProScalperPro is a multi-timeframe scalping indicator specifically designed for all assets – including MES (Micro E-mini S&P 500, MNQ), stocks, forex, and crypto. It combines a higher timeframe trend filter, lower timeframe EMAs, RSI mid-line crosses, and a volume spike check to deliver clean, real-time Buy and Sell signals with minimal lag. Whether you trade futures, currency pairs, or other markets, ProScalperPro’s filters help you stay on the right side of the trend and reduce false entries.
Key Features
Higher Timeframe Alignment: Confirms broader trend direction before triggering trades.
RSI Mid-Line Trigger: Generates more frequent scalping signals without waiting for 30/70 extremes.
Volume Spike Filter: Seeks to confirm momentum entries.
No-Lag Structure: Uses immediate cross and breakout logic rather than smoothed calculations.
Alerts: Built-in alert conditions for real-time notifications.
All Assets: Suitable for MES, stocks, forex, crypto, and more.
Subscription & Free Trial
2-Day Free Trial: Enjoy full functionality for two days to see how ProScalperPro fits your style.
Subscription: $99/month afterwards for continued access.
Disclaimer
Past performance is not necessarily indicative of future results.
Always practice sound risk management and test thoroughly on a demo or small-lot trading account before scaling up.
For Access
This script is invite-only. Click “Add To Favorites” or message me for trial access. After the free trial, a $99 monthly subscription is required to maintain access.
RSI + MACD HintergrundfarbenThis Pine Script indicator combines RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) to color the entire chart background based on specific market conditions:
1. Conditions for Uptrend (Green Background):
• RSI is below the oversold threshold (default: 30).
• MACD line is above the signal line.
• This signals a potential buy opportunity.
2. Conditions for Downtrend (Red Background):
• RSI is above the overbought threshold (default: 70).
• MACD line is below the signal line.
• This signals a potential sell opportunity.
3. Neutral Background (No Color):
• If neither condition is met, the background remains in its standard color.
The script also differentiates between strong signals (both RSI and MACD conditions are met) and weaker signals (only RSI or MACD conditions are met) by adjusting the color transparency.
This helps traders visualize trends and potential buy/sell zones directly on the chart.
BTC Take Profit & Buy Signals Enhanced
BTC Take Profit & Buy Signals Enhanced v2
This is a TradingView indicator designed for Bitcoin (BTC) trading, providing visual buy and sell (take profit) signals overlaid on the price chart. It combines multiple technical indicators—MACD, Bollinger Bands, ATR, Stochastic Oscillator, RSI, and Moving Averages (including an optional higher timeframe MA)—to generate reliable trading signals. The indicator is highly customizable, allowing users to tweak parameters and enable/disable filters for confirmation.
Key Features:
Sell (Take Profit) Signals: Triggered when the price reaches or exceeds the upper Bollinger Band, RSI is overbought, Stochastic %K is high, and the 50-period MA is above the 200-period MA. Optional MACD crossover-down confirmation and ATR volatility filter can refine the signal.
Buy Signals: Triggered when the price falls to or below the lower Bollinger Band, RSI is oversold, and Stochastic %K is low. Optional filters include MACD crossover-up, price above a higher timeframe MA, and ATR threshold.
Indicators Displayed:
Includes 50/200-period MAs, higher timeframe MA, MACD, Bollinger Bands, ATR, Volume Histogram, Stochastic Oscillator, and RSI, all with toggle options.
Customization: Adjustable periods, thresholds, and multipliers for each indicator, plus optional confirmation filters (e.g., MACD crossovers, ATR volatility, higher timeframe MA).
Visuals & Alerts: Red triangles above bars for sell signals, green triangles below bars for buy signals, with customizable alerts for both.
Purpose:
This indicator is tailored for BTC traders seeking to identify potential entry (buy) and exit (take profit) points based on a blend of trend, momentum, volatility, and overbought/oversold conditions. It’s ideal for swing trading or trend-following strategies, with built-in flexibility to adapt to different market conditions.
Bollinger + Simple v5Simple version.
1-Minute Chart
RSI Settings:
RSI Period Length: The default of 6 is already quite fast; it captures rapid shifts in momentum.
Impact: Expect a very reactive indicator with many short-term signals. You might experience more noise, so using tighter stop losses and quick profit targets can help manage whipsaws.
Bollinger Bands:
Bollinger Period Length: The default of 200 is typically too long for a 1m chart. Consider shortening it to around 50–100.
BB Multiplier: A multiplier between 1.5 and 2.0 will generate tighter bands.
Impact: Shorter, tighter bands will generate more frequent entries and exits, matching the rapid price action on a 1-minute chart.
ADX Settings:
ADX Period: You might lower it to around 10–12 to capture the quickly changing trend strength on a 1m timeframe.
Thresholds: Because trends are usually less sustained on 1m, consider slightly lower thresholds (for example, Strong ~20, Super ~25, Ultra ~30, Mega ~35).
Impact: Lower ADX thresholds help capture short bursts of trend strength but may lead to overtrading if not filtered further.
5-Minute Chart
RSI Settings:
RSI Period Length: A period of 6 remains acceptable on 5m charts to maintain responsiveness.
Impact: You’ll see moderately reactive signals that reflect quick moves without being as noisy as on the 1m chart.
Bollinger Bands:
Bollinger Period Length: Consider reducing from 200 to around 100–150.
BB Multiplier: A multiplier of 2.0 is a good starting point; you can lower it if you need more sensitivity.
Impact: This setting should capture intraday swings well, without being overly laggy.
ADX Settings:
ADX Period: The default 14 generally works fine.
Thresholds: You might keep the defaults (Strong ~25, Super ~30, Ultra ~35, Mega ~40) or adjust them slightly lower if you’re looking for a more aggressive approach.
Impact: This provides a balance between filtering noise and catching emerging trends.
15-Minute Chart
RSI Settings:
RSI Period Length: The default of 6 is still fast enough, though you might experiment with 7–8 to reduce occasional noise.
Impact: Signals will be less choppy compared to the 1m and 5m, making entries slightly more reliable.
Bollinger Bands:
Bollinger Period Length: Consider using around 100–150.
BB Multiplier: A multiplier of 2.0 works well for typical intraday swings.
Impact: This setting should provide a good balance for capturing medium‑term swings without excessive whipsaw.
ADX Settings:
ADX Period: 14 remains common.
Thresholds: Defaults often work well, though you can fine‑tune (for example, Strong ~25, Super ~30, Ultra ~35, Mega ~40).
Impact: The trend filter will capture the prevailing intraday trend while ignoring very short-term noise.
45-Minute Chart
RSI Settings:
RSI Period Length: You may consider a slightly longer period (e.g. 7–10) to help smooth out the indicator on higher timeframes.
Impact: This provides a more robust signal, reducing false triggers from minor fluctuations.
Bollinger Bands:
Bollinger Period Length: A period of around 150–200 works well.
BB Multiplier: The standard 2.0 is usually fine; if the market is choppy, you might consider a slightly higher multiplier to widen the bands.
Impact: Longer periods help capture more sustained moves and filter out short-term noise.
ADX Settings:
ADX Period: Consider keeping it at 14 or increasing it slightly (up to 20) for a smoother trend signal.
Thresholds: You might need slightly higher thresholds to confirm a trend in this timeframe (e.g., Strong ~25–30, Super ~30–35, Ultra ~35–40, Mega ~40–45).
Impact: This approach helps avoid frequent false signals and captures more significant trend changes.
1-Hour Chart
RSI Settings:
RSI Period Length: You might use a period of 7–10 for additional smoothing on a 1h chart.
Impact: A slightly slower RSI reduces noise and provides more reliable signals in longer timeframes.
Bollinger Bands:
Bollinger Period Length: The default 200 can be appropriate since it covers about 200 hours (roughly 8 trading days). Alternatively, if you want more reactivity, try 150.
BB Multiplier: Typically, 2.0 is a good starting point.
Impact: This will capture longer-term swings and major support/resistance areas.
ADX Settings:
ADX Period: The default 14 is widely used on 1h charts.
Thresholds: Defaults (Strong ~25, Super ~30, Ultra ~35, Mega ~40) are often effective, as trends on 1h charts tend to be more sustained.
Impact: This helps ensure trades are taken during clear and strong trends.
Summary
1m Chart:
Use a very short RSI period (around 6), a shorter Bollinger period (50–100), and a lower ADX period (10–12) with lower thresholds to capture rapid movements—but be prepared for increased noise.
5m Chart:
Maintain RSI period around 6, use a Bollinger period of about 100–150, and keep the ADX period at 14 with moderate thresholds. This setting balances responsiveness with a bit less noise.
15m Chart:
RSI remains around 6–8, Bollinger period can be around 100–150, and ADX period at 14 works well. This timeframe offers a good balance between signal frequency and reliability.
45m Chart:
Consider a slightly longer RSI period (7–10), a Bollinger period of 150–200, and an ADX period of 14–20 with somewhat higher thresholds to confirm more substantial trends.
1h Chart:
Use a smoother RSI (7–10), a Bollinger period of 150–200 (or 200 if you prefer longer-term context), and the default ADX period (14) with standard thresholds. This helps capture sustained moves and filter out minor noise.
Each of these recommendations serves as a starting point. You should backtest and optimize the settings based on the specific asset and market conditions you trade. Adjusting parameters such as RSI and Bollinger periods, as well as ADX thresholds, can significantly affect the frequency and quality of signals, so finding the right balance is key.
EMA/SMA MultiThis indicator overlays your TradingView chart with four customizable moving averages—two Simple Moving Averages (SMA) and two Exponential Moving Averages (EMA). It allows traders to individually adjust each moving average's period, source, color, line thickness, and offset. This flexibility helps in analyzing market trends, identifying support and resistance levels, and comparing different smoothing techniques for more informed trading decisions.
Multi-Timeframe EMA [TradeWithRon]Multi-Timeframe EMA Indicator
This indicator displays an Exponential Moving Average (EMA) from a higher timeframe on a lower timeframe chart. The EMA is a type of moving average that gives more weight to recent prices, making it more responsive to price changes compared to a Simple Moving Average (SMA). By overlaying a higher timeframe EMA on a lower timeframe chart, you can gain insights into the broader trend while analyzing price action at a more granular level.
🔶 FEATURES
* 5 MTF EMA with price and timeframe labels
* Smoothing: Alter the smoothness of the back-end EMA calculations.
* VWAP
Why Use EMA
Trend Identification: When the price is above the EMA, it suggests an uptrend, while a price below the EMA indicates a downtrend. The steeper the slope of the EMA, the stronger the trend.
Crossovers : A common strategy is to look for crossovers, such as when a short-term EMA crosses above a long-term EMA, signaling a potential buying opportunity (bullish crossover), or when a short-term EMA crosses below a long-term EMA, signaling a potential selling opportunity (bearish crossover).
Support and Resistance : EMAs can act as dynamic support and resistance levels. In an uptrend, the price may bounce off the EMA as support, while in a downtrend, it can act as resistance.
Convergence and Divergence: Traders look for divergences between price and the EMA to spot potential trend reversals. For example, if price makes a new high but the EMA doesn't, it could signal weakening momentum.
Overall, the EMA helps traders follow the market trend, spot potential reversals, and make more informed trading decisions.
After EMA Crosses you may experience A MSS, CISD, SFP. You can use all of these as confluence for a higher probability trade. This is a good way to capitalize on a trade
Another Case
How I Personally Use It:
Shortest EMA ( Example: 10 EMA ) = Entry
Middle EMA ( Example: 50 EMA ) = Short Term Support / Resistance
Longest EMA ( Example: 100 EMA ) = Long Term Support / Resistance
• WARNING
- If your MAIN chart TimeFrame its lower than ( selected TimeFrame ) the Table will not display signals
- Historical Data Unavailable for this resolution is under 2 minute chart, So you will have to use 2 minute and higher
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (Tradewithron) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Kendi Fonunu Kendin Yönet# Portfolio Manager Pro / Portföy Yöneticisi Pro
## 🇹🇷
Profesyonel portföy yönetimi için geliştirilmiş, çoklu varlık takibi yapabilen, kapsamlı bir göstergedir.
### 📊 Özellikler
- 15 farklı enstrüman takibi
- Otomatik portföy dağılımı
- Anlık performans analizi
- Yönetim ücreti hesaplama
- Risk yönetim sistemi
- Özelleştirilebilir tema seçenekleri
### 💼 Temel Fonksiyonlar
1. **Portföy İzleme**
- Varlık bazlı dağılım
- Otomatik hesaplamalar
- Toplam değer takibi
- Performans analizi
2. **Risk Yönetimi**
- Hedef seviye belirleme
- Risk kontrolü
- Portföy çeşitlendirme
- Oran yönetimi
3. **Görsel Özellikler**
- Profesyonel tasarım
- Koyu/Açık tema
- Altın temalı arayüz
- Özelleştirilebilir görünüm
### ⚙️ Ayarlar
- Tema seçeneği
- Metin boyutu
- Başlangıç tarihi
- Portföy parametreleri
---
## 🇬🇧 English Description
A comprehensive indicator developed for professional portfolio management with multi-asset tracking capabilities.
### 📊 Features
- Track up to 15 different instruments
- Automatic portfolio allocation
- Real-time performance analysis
- Management fee calculation
- Risk management system
- Customizable theme options
### 💼 Core Functions
1. **Portfolio Monitoring**
- Asset-based allocation
- Automatic calculations
- Total value tracking
- Performance analysis
2. **Risk Management**
- Target level setting
- Risk control
- Portfolio diversification
- Ratio management
3. **Visual Features**
- Professional design
- Dark/Light theme
- Gold-themed interface
- Customizable appearance
### ⚙️ Settings
- Theme selection
- Text size
- Start date
- Portfolio parameters
### 📝 Usage Notes
- Designed for educational and informational purposes
- Requires basic understanding of portfolio management
- Customizable to individual needs
- Regular updates for optimal performance
---
### 🔄 Version
Current Version: 1.0
Last Updated: 2025-03-09
Pine Script™ v5
ASHA RICH SMART TRENDASHA RICH SMART TREND 🔥📊 (Invite-Only Indicator)
The ASHA RICH SMART TREND is a powerful trend analysis tool designed to help traders identify trend strength, momentum shifts, and optimal pullback zones. By combining trend structure with momentum dynamics, this indicator provides a clear market outlook, allowing traders to make more precise trading decisions.
✨ Key Features:
✅ Smart Trend Detection – Clearly defines trend direction and momentum flow.
✅ Dynamic Momentum Analysis – Identifies buying and selling pressure strength.
✅ Optimal Entry & Exit Zones – Helps pinpoint high-probability trade setups.
✅ Dynamic Support & Resistance Integration – Works with Smart Money & Institutional Trading concepts.
✅ Pullback & Reversal Identification – Ideal for scalping, intraday, and swing trading.
✅ Real-Time Signals & Alerts – No need to monitor charts 24/7!
💡 How This Indicator Helps You:
📌 Provides a clearer market structure for safer trading decisions.
📌 Detects weakening buy/sell momentum for better trade entries.
📌 Works seamlessly with Order Blocks, Price Action & Smart Money Concepts (SMC).
📌 Reduces false breakouts with intelligent trend tracking.
⚠️ Limited Access: Invite-Only!
This indicator is exclusive to selected traders. Contact me on Telegram for access!
📩 Join here: 👉 Telegram Group 🚀
ASHA RICH ORDER BLOCKASHA RICH ORDER BLOCK 🔥📊 (Invite-Only Indicator)
The ASHA RICH ORDER BLOCK indicator is designed to help traders identify and utilize Order Blocks that form in the market. Using smart algorithms, this indicator detects institutional zones that have the potential to act as reversal or continuation areas based on price structure.
✨ Key Features:
✅ Automatically detects Single Candle Order Blocks (SCOB).
✅ Clear visual representation – green for bullish, red for bearish.
✅ Volatility filtering using ATR for higher accuracy.
✅ Flexible mitigation options – based on close price or wick.
✅ Automatic alerts – no need to monitor charts constantly.
✅ Suitable for multiple trading styles – scalping, intraday & swing trading.
💡 How This Indicator Helps You:
📌 Identifies institutional zones crucial for entry & exit.
📌 Helps traders follow Smart Money Concepts (SMC).
📌 Can be combined with Price Action & other indicators for better accuracy.
⚠️ Limited Access: Invite-Only!
This indicator is exclusive and can only be used by those who receive access. Contact me on Telegram to get access!
📩 Join here: 👉 Telegram Group 🚀
Bot V17 Flip 30 s CavalierMaxPresentazione della Strategia "Bot XFlip 30 s CavalierMax"
Scopri la potenza di una strategia di trading innovativa, progettata per sfruttare al massimo i movimenti di inversione del mercato. La nostra soluzione automatizzata "Bot XFlip 30 s CavalierMax" offre un approccio sofisticato per entrare ed uscire dalle posizioni, garantendo una gestione dinamica del rischio e delle dimensioni degli ordini.
Caratteristiche Chiave:
Flip con Ritardo per Entrate Precise:
Dopo ogni inversione (flip), la strategia introduce un ritardo di una candela prima di attivare la prossima entry. Questo meccanismo riduce il rischio di false inversioni e assicura una conferma solida del cambiamento di tendenza.
Utilizzo di Candele Heikin Ashi e Time Frame M15:
Per ottenere segnali più fluidi e ridurre la volatilità intrinseca del mercato, la strategia è ottimizzata per l’uso con candele Heikin Ashi. Inoltre, il time frame consigliato per la visualizzazione è M15, garantendo un equilibrio perfetto tra tempestività e affidabilità dei segnali.
Gestione Avanzata del Rischio e del Money Management:
La strategia integra un sistema di trailing stop loss basato sull’equity, con input personalizzabili per adattarsi al profilo di rischio dell’utente. Inoltre, la dimensione dinamica dell’ordine si adatta automaticamente in base ai profitti o alle perdite, massimizzando il potenziale di guadagno.
Tecnologie Innovative di Analisi:
Sfrutta un mix di indicatori personalizzati e tecniche di regressione kernel per prevedere i movimenti del mercato. Il sistema applica filtri basati su volatilità, regime e ADX, garantendo l’entrata in posizioni solo quando le condizioni di mercato sono favorevoli.
Perché Scegliere "Bot XFlip 30 s CavalierMax":
Precisione nei Segnali: Il ritardo di una candela dopo il flip aiuta a evitare segnali prematuri, migliorando la precisione delle entrate e delle uscite.
Facilità d'Uso: Ottimizzato per Heikin Ashi e il time frame M15, è ideale sia per trader esperti che per chi desidera avvicinarsi al mondo del trading automatizzato.
Massima Personalizzazione: Gli input regolabili permettono di adattare la strategia alle specifiche esigenze e alla tolleranza al rischio di ogni trader.
Innovazione e Affidabilità: Con una combinazione di analisi tecnica avanzata e tecniche di machine learning, la strategia è pensata per dare risultati consistenti in un mercato in continua evoluzione.
Contatti:
Per maggiori informazioni e per scoprire come implementare "Bot XFlip 30 s CavalierMax" nel tuo trading, contattaci all'indirizzo: info@forex4all.og
Scegli l'innovazione, scegli l'efficacia: trasforma il tuo trading con "Bot XFlip 30 s CavalierMax"!
Moving Average Simple with AI BotThis indicator is designed to provide accurate market trend analysis using a combination of key technical tools, including RSI, EMA crossovers, MACD, and volume analysis. It focuses on major forex pairs (XAU/USD, EUR/JPY, EUR/USD, GBP/JPY) and is optimized for multiple timeframes (1m, 5m, 15m, 30m, 1h, 4h, 1D).
Key Features:
✅ Identifies potential buy/sell signals using:
RSI levels combined with EMA crossovers for trend direction.
Volume analysis to confirm the strength of the trend.
Trend-following signals for precise entry and exit points.
📌 Best Performance:
The indicator delivers the best results on the 45-minute timeframe.
For XAU/USD, I recommend setting the SMA length to 38 for optimal performance.
For other assets, users should adjust the settings based on their own strategy.
Candle Colors:
Green Candle: Represents a bullish market condition.
Black Candle: Represents a neutral market condition.
Red Candle: Indicates a bearish market condition.
🚀 Designed for traders looking for automated signals with real-time alerts, ensuring timely decision-making. Whether you're a beginner or an experienced trader, this tool provides reliable insights to enhance your trading strategy.
Estratégia de Ordens Agressivas e Spoofing - OtimizadaAggressive Order Detection and Spoofing Strategy
📖 Description
This strategy is designed to identify aggressive buy and sell orders in the market while also detecting possible spoofing patterns—where large orders are placed without the intention of execution, manipulating market sentiment.
It utilizes a Volume Delta indicator, calculating the difference between buying and selling volumes, applying a statistical filter based on moving averages and standard deviations.
Additionally, a trend filter using the Exponential Moving Average (EMA) is included to avoid trading against the dominant trend.
🔹 Entry Rules:
✅ Buy: A buy signal is triggered when aggressive buying is detected, and the price is in an uptrend (above the EMA).
✅ Sell: A sell signal is triggered when aggressive selling is detected, and the price is in a downtrend (below the EMA).
🔹 Take Profit & Stop Loss:
🔹 Take Profit and Stop Loss are defined as percentages based on the entry price, allowing for customizable risk management.
🔹 The user can configure the risk percentage of total capital to determine the trade size.
🔹 Key Features:
✅ Detects Aggressive Orders through a Volume Delta calculation adjusted by moving averages and standard deviations.
✅ Trend Filtering using EMA to reduce false signals.
✅ Prevents Spoofing by identifying abnormal volumes without price confirmation.
✅ Clean Visual Signals, displaying only small arrows on the chart without unnecessary labels.
⚠️ Disclaimer:
This strategy is provided for educational purposes only and does not constitute financial advice. Always backtest and apply risk management before trading in live markets.
next day levelHere's a description you can use to publish your Pine Script:
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**Future CPR with Next Day Extension**
This indicator calculates and displays the Central Pivot Range (CPR) for different timeframes (Daily, Weekly, Monthly, and Yearly). It also extends the CPR for the next trading session, helping traders plan their strategies in advance.
### 🔹 **Features:**
✅ Calculates CPR using today's (or previous period's) High, Low, and Close
✅ Displays next day's CPR for better planning
✅ Supports multiple timeframes: Daily, Weekly, Monthly, and Yearly
✅ Option to display historical CPR levels
✅ Plots resistance (R1, R2, R3) and support (S1, S2, S3) levels
✅ Customizable colors and display settings
### 📌 **Usage:**
- Use this indicator for pre-market analysis to identify key pivot levels for the next session.
- Helps in understanding price action around crucial levels like pivot points, supports, and resistances.
- Works well for both intraday and swing traders.
🔹 **Tip:** To avoid real-time recalculations, use this indicator only after the current trading session closes.
🚀 **Enhance your trading with better preparation using Future CPR with Next Day Extension!**
Ultimate Swing Trade Finder### Indicator Name: Ultimate Swing Trade Finder
### Description:
The **Ultimate Swing Trade Finder** is a powerful technical analysis tool designed to identify high-probability swing trading opportunities by combining six of the most popular trading indicators: Simple Moving Average (SMA), Exponential Moving Average (EMA), Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), Bollinger Bands, and Stochastic Oscillator. This indicator overlays on your chart and provides clear buy and sell signals based on confluence between these indicators, helping traders spot potential trend reversals or continuations for swing trades.
### How It Works:
The indicator analyzes price action and momentum using multiple technical indicators, requiring at least three confirming conditions for a signal to appear. This multi-indicator approach aims to filter out noise and improve trade reliability. Here's a breakdown of its components and logic:
#### Indicators Used:
1. **50-period SMA (Red Line)**: Determines the longer-term trend direction.
2. **20-period EMA (Blue Line)**: Tracks shorter-term price momentum.
3. **RSI (14-period)**: Measures overbought (>70) and oversold (<30) conditions.
4. **MACD (12,26,9)**: Identifies trend changes through line crossovers.
5. **Bollinger Bands (20, 2.0)**: Highlights volatility and price extremes (upper, middle, and lower bands in gray).
6. **Stochastic Oscillator (14,3)**: Detects momentum shifts with %K and %D lines.
#### Signal Conditions:
- **Buy Signal (Green Triangle Up)**:
- Trend is up (EMA > SMA)
- At least 3 of these conditions must be true:
- RSI is oversold (<30)
- MACD line crosses above signal line
- Price is below the lower Bollinger Band
- Stochastic %K is <20 and crosses above %D
- Price is above the EMA
- **Sell Signal (Red Triangle Down)**:
- Trend is down (EMA < SMA)
- At least 3 of these conditions must be true:
- RSI is overbought (>70)
- MACD line crosses below signal line
- Price is above the upper Bollinger Band
- Stochastic %K is >80 and crosses below %D
- Price is below the EMA
#### Signal Strength:
- A label appears on the chart when a signal occurs, showing "Buy: X" and "Sell: X" (where X is 0-5), representing how many of the five conditions are met. Higher numbers indicate stronger signals.
#### Alerts:
- The indicator includes built-in alert conditions:
- "Swing Buy Alert": Triggers on buy signals
- "Swing Sell Alert": Triggers on sell signals
- Set up alerts in TradingView to get notified when signals appear.
### How to Use:
1. **Add to Chart**: Copy the script into TradingView’s Pine Editor and add it to your chart.
2. **Interpret Signals**:
- Green triangles below bars indicate potential buy opportunities.
- Red triangles above bars indicate potential sell opportunities.
- Check the signal strength label (3-5 suggests higher confidence).
3. **Customize Settings**: Adjust input parameters (e.g., SMA length, RSI levels) to match your trading style or timeframe.
4. **Confirm with Context**: Use alongside support/resistance levels, volume analysis, or other tools for better decision-making.
### Settings:
- **SMA Length**: Default 50
- **EMA Length**: Default 20
- **RSI Length**: Default 14 (Overbought 70, Oversold 30)
- **MACD**: Default 12,26,9
- **Bollinger Bands**: Default 20, 2.0 multiplier
- **Stochastic**: Default 14-period with 3-period smoothing
### Best Practices:
- **Timeframes**: Works on any timeframe, but 1H, 4H, or Daily charts are recommended for swing trading.
- **Risk Management**: Always use stop-losses and proper position sizing.
- **Backtesting**: Test the indicator on historical data before live trading.
### Notes:
- This indicator is not a guaranteed predictor of price movement; it’s a tool to highlight potential setups.
- Past performance doesn’t guarantee future results.
- Consider market conditions and fundamental analysis alongside technical signals.
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3Commas Multicoin Scalper LITE [SwissAlgo]
Introduction
Are you tired of tracking cryptocurrency charts and placing orders manually on your Exchange?
The 3Commas Multicoin Scalper LITE is an automated trading system designed to identify and execute potential trading setups on multiple cryptocurrencies ( simultaneously ) on your preferred Exchange (Binance, Bybit, OKX, Gate.io, Bitget) via 3Commas integration.
It analyzes price action, volume, momentum, volatility, and trend patterns across two categories of USDT Perpetual coins: the 'Top Major Coins' category (11 established cryptocurrencies) and your Custom Category (up to 10 coins of your choice).
The indicator sends real-time trading signals directly to your 3Commas bots for automated execution, identifying both trend-following and contrarian trading opportunities in all market conditions.
Trade automatically all coins of one or more selected categories:
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What it Does
The 3Commas Multicoin Scalper LITE is a technical analysis tool that monitors multiple cryptocurrency pairs simultaneously and connects with 3Commas for signal delivery and execution.
Here's how the strategy works:
🔶 Technical Analysis : Analyzes price action, volume, momentum, volatility, and trend patterns across USDT Perpetual Futures contracts simultaneously.
🔶 Pattern Detection : Identifies specific candle patterns and technical confluences that suggest potential trading setups across USDT.P contracts of the selected category.
🔶 Signal Generation : When technical criteria are met at bar close, the indicator creates deal-start signals for the relevant pairs.
🔶 3Commas Integration : Packages these signals and delivers them to 3Commas through TradingView alerts, allowing 3Commas bots to receive specific pair information ('Deal-Start' signals).
🔶 Category Management : Each TradingView alert monitors an entire category, allowing selective activation of different crypto categories.
🔶 Visual Feedback : Provides color-coded candles and backgrounds to visualize technical conditions, with optional pivot points and trend visualization.
Candle types
Signals
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Quick Start Guide
1. Setup 3Commas Bots : Configure two DCA bots in 3Commas (All USDT pairs) - one for LONG positions and one for SHORT positions.
2. Define Trading Parameters : Set your budget for each trade and adjust your preferred sensitivity within the indicator settings.
3. Create Category Alerts : Set up one TradingView alert for each crypto category you want to trade.
That's it! Once configured, the system automatically sends signals to your 3Commas bots when predefined trading setups are detected across coins in your selected/activated categories. The indicator scans all coins at bar close (for example, every hour on the 1H timeframe) and triggers trade execution only for those showing technical confluences.
Important : Consider your total capital when enabling categories. More details about the setup process are provided below (see paragraph "Detailed Setup & Configuration").
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Built-in Backtesting
The 3Commas Multicoin Scalper LITE includes backtesting visualization for each coin. When viewing any USDT Perpetual pair on your chart, you can visualize how the strategy would have performed historically on that specific asset.
Color-coded candles and signal markers show past trading setups, helping you evaluate which coins responded best to the strategy. This built-in backtesting capability can support your selection of assets/categories to trade before deploying real capital.
As backtesting results are hypothetical and do not guarantee future performance, your research and analysis are essential for selecting the crypto categories/coins to trade.
The default strategy settings are: Start Capital 1,000$, leverage 10X, Commissions 0.1% (average Taker Fee on Exchanges for average users), Order Amount 200$ for Longs/Shorts, Slippage 4
Example of backtesting view
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Key Features
🔶 Multi-Exchange Support : Compatible with BINANCE, BYBIT, BITGET, GATEIO, and OKX USDT Perpetual markets (USDT.P)
🔶 Category Options : Analyze cryptocurrencies in the Top Major Coins category or create your custom watchlist
🔶 Custom Category Option : Create your watchlist with up to 10 custom USDT Perpetual pairs
🔶 3Commas Integration : Seamlessly connects with 3Commas bots to automate trade entries and exits
🔶 Dual Strategy Approach : Identifies both "trend following" and "contrarian" potential setups
🔶 Confluence-Based Signals : Uses a combination of multiple technical factors - price spikes, price momentum, volume spikes, volume momentum, trend analysis, and volatility spikes - to generate potential trading setups
🔶 Risk Management : Adjustable sensitivity/risk levels, leverage settings, and budget allocation for each trade
🔶 Visual Indicators : Color-coded candles and trading signals provide visual feedback on market conditions
🔶 Trend Indication : Background colors showing ongoing uptrends/downtrends
🔶 Pivot Points & Daily Open : Optional display of pivot points and daily open price for additional context
🔶 Liquidity Analysis : Optional display of high/low liquidity timeframes throughout the trading week
🔶 Trade Control : Configurable limit for the maximum number of signals sent to 3Commas for execution (per bar close and category)
5 Available Exchanges
Pick coins/tokens and defined your Custom Category
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Methodology
The 3Commas Multicoin Scalper LITE utilizes a multi-faceted approach to identify potential trading setups:
1. Price Action Analysis : Detects abnormal price movements by comparing the current candle's range to historical averages and standard deviations, helping identify potential "pump and dump" scenarios or new-trends start
2. Price Momentum : Evaluates the relative strength of bullish vs. bearish price movements over time, indicating the build-up of buying or selling pressure.
3. Volume Analysis: Identifies unusual volume spikes by comparing current volume to historical averages, signaling strong market interest in a particular direction.
4. Volume Momentum : Measures the ratio of bullish to bearish volume, revealing the dominance of buyers or sellers over time.
5. Trend Analysis : Combines EMA slopes, RSI, and Stochastic RSI to determine overall trend direction and strength.
6. Volatility : Monitors the ATR (Average True Range) to detect periods of increased market volatility, which may indicate potential breakouts or reversals
7. Candle Wick Analysis : Evaluates upper and lower wick percentages to detect potential rejection patterns and reversals.
8. Pivot Point Analysis : Uses pivot points (PP, R1-R3, S1-S3) for identifying key support/resistance areas and potential breakout/breakdown levels.
9. Daily Open Reference: Analyzes price action relative to the daily open for potential setups related to price movement vs. the opening price
10. Market Timing/Liquidity : Evaluates high/low liquidity periods, specific days/times of heightened risk, and potential market manipulation timeframes.
11. Boost Factors : Applies additional weight to certain confluence patterns to adjust global scores
These factors are combined into a "Global Score" ranging from -1 to +1 , applied at bar close to the newly formed candles.
Scores above predefined thresholds (configurable via the Sensitivity Settings) indicate strong bullish or bearish conditions and trigger signals based on predefined patterns. The indicator then applies additional filters to generate specific "Trend Following" and "Contrarian" trading signals. The identified signals are packaged and sent to 3Commas for execution.
Pivot Points
Trend Background
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Who This Strategy Is For
The 3Commas Multicoin Scalper LITE may benefit:
Crypto Traders seeking to automate their trading across multiple coins simultaneously
3Commas Users looking to enhance their bot performance with technical signals
Busy Traders who want to monitor market opportunities without constant chart-watching
Multi-strategy traders interested in both trend-following and reversal trading approaches
Traders of Various Experience Levels from intermediate traders wanting to save time to advanced traders seeking to optimize their operations
Perpetual Futures Traders on major exchanges (Binance, Bybit, OKX, Gate.io, Bitget)
Swing and Scalp Traders seeking to identify short to medium-term profit opportunities
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Visual Indicators
The indicator provides visual feedback through:
1. Candlestick Colors :
* Lime: Strong bullish candle (High positive score)
* Blue: Moderate bullish candle (Medium positive score)
* Red: Strong bearish candle (High negative score)
* Purple: Moderate bearish candle (Medium negative score)
* Pale Green/Red: Mild bullish/bearish candle
2. Signal Markers :
* ↗: Trend following Long signal
* ↘: Trend following Short signal
* ⤴: Contrarian Long signal
* ⤵: Contrarian Short signal
3. Optional Elements :
* Pivot Points: Daily support/resistance levels (R1-R3, S1-S3, PP)
* Daily Open: Reference price level for the current trading day
* Trend Background: Color-coded background suggesting potential ongoing uptrend/downtrend
* Liquidity Highlighting: Background colors indicating typical high/low market liquidity periods
4. TradingView Strategy Plots and Backtesting Data : Standard performance metrics showing entry/exit points, equity curves, and trade statistics, based on the signals generated by the script.
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Detailed Setup & Configuration
The indicator features a user-friendly input panel organized in sequential steps to guide you through the complete setup process. Tooltips for each step provide additional information to help you understand the actions required to get the strategy running.
Informative tables provide additional details and instructions for critical setup steps such as 3Commas bot configuration and TradingView alert creation (to activate trading on specific categories).
1. Choose Exchange, Crypto Category & Sensitivity
* Select your USDT Perpetual Exchange (BINANCE, BYBIT, BITGET, GATEIO, or OKX) - i.e. the same Exchange connected in your 3Commas account
* Choose your preferred crypto category, or define your watchlist
* Choose from three sensitivity levels: Default, Aggressive, or Test Mode (test mode is designed to generate more signals, a potentially helpful feature when you are testing the indicator and alerts)
2. Setup 3Commas Bots and integrate them with the algo
* Create both LONG and SHORT DCA Bots in 3Commas
* Configure bots to accept signals for 'All USDT Pairs' with "TradingView Custom Signal" as deal start condition
* Enter your Bot IDs and Email Token in the indicator settings
* Set a maximum budget for LONG and SHORT trades
* Choose whether to allow LONG trades, SHORT trades, or both, according to your preference and market analysis
* Set maximum trades per bar/category (i.e. the max. number of simultaneous signals that the algo may send to your 3Commas bots for execution at every bar close - every hour if you set the 1H timeframe)
* Access the detailed setup guide table for step-by-step 3Commas configuration instructions
3Commas integration
3. Choose Visuals
* Toggle various optional visual elements to add to the chart: category metrics, fired alerts, coin metrics, daily open, pivot points
* Select a color theme: Dark or Light
4. Activate Trading via Alerts
* Create TradingView alerts for each category you want to trade
* Set alert condition to "3Commas Multicoin Scalper" with "Any alert() function call"
* Set the content of the message field to: {{Message}}, deleting the default content shown in this text field, to enable proper 3Commas integration (any other text than {{Message}}, would break the delivery trading signals from Tradingview to 3Commas)
* View the alerts setup instruction table for visual guidance on this critical step
Alerts
Fired Alerts (example at a single bar)
Fired Alerts (frequency)
Important Configuration Notes
Ensure that the TradingView chart's exchange matches your selected exchange in the indicator settings and your 3Commas bot settings.
You must configure the same leverage in both the script and your 3Commas bots
Your 3Commas bots must be configured for All USDT pairs
You must enter the exact Bot IDs and Email Token from 3Commas (these remain confidential - no one, including us, has access to them)
If you activate multiple categories without sufficient capital, 3Commas will display " insufficient funds " errors - align your available capital with the number of categories you activate (each deal will use the budget amount specified in user inputs)
You are free to set your Take Profit % / trailing on 3Commas
We recommend not to use DCA orders (i.e. set the number of DCA orders at zero)
Legend of symbols and plots on the chart
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FAQs
General Questions
❓ Q: What features are included in this indicator? A: This indicator provides access to the "Top Major Coins" category and a custom category option where you can define up to 10 pairs of your choice. It includes multi-exchange support, 3Commas integration, a dual strategy approach, visual indicators, trade controls, and comprehensive backtesting capabilities. The indicator is optimized to manage up to 2 trades per hour/category with leverage up to 10x and trade sizes up to 500 USDT - everything needed for traders looking to automate their crypto trading across multiple pairs simultaneously.
❓ Q: What is Global Score? A: The Global Score serves as a foundation for signal generation. When a candle's score exceeds certain thresholds (defined by your Risk Level setting), it becomes a candidate for signal generation. However, not all high-scoring candles generate trading signals - the indicator applies additional pattern recognition and contextual filters. For example, a strongly positive score (lime candle) in an established uptrend may trigger a "Trend Following" signal, while a strongly negative score (red candle) in a downtrend might generate a "Trend following Short" signal. Similarly, contrarian signals are generated when specific reversal patterns occur alongside appropriate Global Score values, often involving wick analysis and pivot point interactions. This multi-layer approach helps filter out false positives and identify higher-probability trading setups.
❓ Q: What's the difference between "Trend following" and "Contrarian" signals in the script? A: "Trend Following" signals follow the identified trends while "Contrarian" signals anticipate potential trend reversals.
❓ Q: Why don't I see any signals on my chart? A: Make sure you're viewing a USDT Perpetual pair from your selected exchange that belongs to the crypto category you've chosen to analyze. For example, if you've selected the "Top Major Coins" category with Binance as your exchange, you need to view a chart of one of those specific pairs (like BINANCE:BTCUSDT.P) to see signals. If you switch exchanges, for example from Binance to Bybit, you need to pull a Bybit pair on the chart to see backtesting data and signals.
❓ Q: Does this indicator guarantee profits? A: No. Trading cryptocurrencies involves significant risk, and past performance is not indicative of future results. This indicator is a tool to help you identify potential trading setups, but it does not and cannot guarantee profits.
❓ Q: Does this indicator repaint or use lookahead bias? A: No. All trading signals generated by this indicator are based only on completed price data and do not repaint. The system is designed to ensure that backtesting results reflect as closely as possible what you should experience in live trading.
While reference levels like pivot points are kept stable throughout the day using lookahead on, the actual buy and sell signals are calculated using only historical data (lookahead off) that would have been available at that moment in time. This ensures reliability and consistency between backtesting and real-time trading performance.
Technical Setup
❓ Q: What exchanges are supported? A: The strategy supports BINANCE, BYBIT, BITGET, GATEIO, and OKX USDT Perpetual markets (i.e. all the Exchanges you can connect to your 3Commas account for USDT Perpetual trading, excluding Coinbase Perpetual that offers USDC pairs, instead of USDT).
❓ Q: What timeframe should I use? A: The indicator is optimized for the 1-hour (1H) timeframe but may run on any timeframe.
❓ Q: How many coins can I trade at once? A: You can trade all coins within the selected category. You can activate categories by setting up alerts.
❓ Q: How many alerts do I need to set up? A: You need to set up one alert for each crypto category you want to trade. We recommend starting with one category, testing the results carefully, monitoring performance daily, and perhaps activating additional categories in a second stage.
❓ Q: Are there any specific risk management features built into the indicator? A: Yes, the indicator includes risk management features: adjustable maximum trades per hour/category, the ability to enable/disable long or short signals depending on market conditions, customizable trade size for both long and short positions, and different sensitivity/risk level settings.
❓ Q: What happens if 3Commas can't execute a signal? A: If 3Commas cannot execute a signal (due to insufficient funds, bot offline, etc.), the trade will be skipped. The indicator will continue sending signals for other valid setups, but it doesn't retry failed signals.
❓ Q: Can I run this indicator on multiple charts at once? A: Yes, but it's not necessary. The indicator analyzes all coins in your selected categories regardless of which chart you apply it to. For optimal resource usage, apply it to a single chart of a USDT Perpetual pair from your selected exchange. To stop trading a category, simply delete the alert created for that category.
❓ Q: How frequently does the indicator scan for new signals? A: The indicator scans all coins in your selected categories at the close of each bar (every hour if you selected the 1H timeframe).
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⚠️
Disclaimer
This indicator is for informational and educational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, including the potential loss of all invested capital, and past performance is not indicative of future results.
Always conduct your own thorough research (DYOR) and understand the risks involved before making any trading decisions. Trading with leverage significantly amplifies both potential profits and losses - exercise extreme caution when using leverage and never risk more than you can afford to lose.
The Bot ID and Email Token information are transmitted directly from TradingView to 3Commas via secure connections. No third party or entity will ever have access to this data (including the Author). Do not share your 3Commas credentials with anyone.
This indicator is not affiliated with, endorsed by, or sponsored by TradingView or 3Commas.
Major Rotation System | QuantumResearch🚀 MRS | QuantumResearch 🚀
The Major Rotation System is an advanced quantitative system designed to dynamically allocate between Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) based on a proprietary Trend Position Indicator (TPI) framework. The system monitors relative strength across assets and adapts allocations to maximize edge in trending conditions while avoiding significant drawdowns.
This tool is particularly valuable for long-term investors and active traders looking for a data-driven way to enhance their portfolio allocation without relying on subjective decision-making.
🔍 How It Works
The system continuously evaluates the strength of BTC, ETH, and SOL by applying the AVWO. This oscillator calculates how each asset is performing relative to its volume-weighted moving average and applies a dynamic threshold mechanism to identify bullish or bearish trends.
The Key Features:
✅ Asset Rotation Based on Strength – The system allocates to BTC, ETH, or SOL depending on which asset exhibits the strongest positive momentum signals.
✅ Adaptive Trend Position Indicator (TPI) – The TPI system scores each asset based on its recent performance, assigning higher weight to assets leading in momentum while reducing allocation to underperforming assets.
✅ Risk-Aware Positioning – When all assets show weak momentum, the system defaults to a cash position, mitigating unnecessary exposure in high-risk environments.
✅ Live Performance Tracking & Score Metrics – Displays Sharpe Ratio, Sortino Ratio, Omega Ratio, and Max Drawdown, providing users with clear risk/reward insights.
✅ Equity Growth Representation – The system tracks portfolio equity over time, displaying its growth relative to a Buy & Hold BTC strategy since 2023.
📊 Equity Performance Interpretation
The system plots a tracking equity curve that represents growth over time.
🔹 Example interpretation:
An equity of 12 means the system has achieved a 12X return since 2023.
An equity of 5 means the system has achieved a 5X return compared to simply holding BTC over the same period.
📊 Tracking Equity Visualization:
📌 How to Read the Scoring System
The system dynamically assigns scores to BTC, ETH, and SOL based on their score and TPI:
✅ Score of 2 → Strongest asset (highest allocation priority)
✅ Score of 1 → Secondary asset (moderate allocation)
✅ Score of 0 → Weak/no allocation
✅ If all assets score low, the system moves into cash to avoid market downturns
📈 Current Recommended Positioning
💡 The system recommends an adaptive portfolio allocation based on real-time market conditions.
⚠️ Disclaimer
The content provided is for informational and educational purposes only. Nothing contained within should be considered financial, investment, legal, or other professional advice. Past performance does not guarantee future results. Trading cryptocurrencies involves substantial risk of loss and is not suitable for every investor.
🔥 Maximize your market edge with the MRS | QuantumResearch system! 🚀
ASHA RICH ORDER BLOCKSMART TREND ORDER BLOCK 📌
🔥 Smart Money Concept (SMC) Indicator for Order Block & Momentum Flow Detection! 🔥
The Smart Trend Order Block is designed to help traders detect Single Candle Order Blocks (SCOB) while analyzing market momentum for more precise entries.
🔹 Order Blocks are zones where price is likely to reverse due to institutional activity & Smart Money movements.
🔹 Momentum Flow indicates the strength of buyers (BUY) or sellers (SELL) in the market.
✅ Key Features:
✔️ Automatic Order Block Detection (Bullish & Bearish)
✔️ Momentum Flow Analysis – Identify market strength shifts
✔️ Volatility Filter – Ensures valid order block signals
✔️ ATR & Market Structure Detection – Additional confirmation for valid entries
✔️ Alerts for market direction changes
📊 How to Use This Indicator?
🔵 BUY Setup:
➡ Momentum Flow Buy is increasing (buyers gaining strength)
➡ Price is within the Bullish Order Block (BUY Zone)
➡ Sellers are weakening (Momentum Flow Sell is decreasing)
➡ Entry after a pullback to the buy order block zone
🔴 SELL Setup:
➡ Momentum Flow Sell is increasing (sellers gaining strength)
➡ Price is within the Bearish Order Block (SELL Zone)
➡ Buyers are weakening (Momentum Flow Buy is decreasing)
➡ Entry after a pullback to the sell order block zone
⚡ Use Smart Trend Order Block for more precise and confident trading entries! ⚡
📌 Combine with Price Action & Confirmation Signals for best results!
🚀 Join Telegram 👉 t.me/+SO1_XY1xV4RjOTQ9
SMART TREND ORDER BLOCKSMART TREND ORDER BLOCK 📌
🔥 Smart Money Concept (SMC) Indicator for Order Block & Momentum Flow Detection! 🔥
The Smart Trend Order Block is designed to help traders detect Single Candle Order Blocks (SCOB) while analyzing market momentum for more precise entries.
🔹 Order Blocks are zones where price is likely to reverse due to institutional activity & Smart Money movements.
🔹 Momentum Flow indicates the strength of buyers (BUY) or sellers (SELL) in the market.
✅ Key Features:
✔️ Automatic Order Block Detection (Bullish & Bearish)
✔️ Momentum Flow Analysis – Identify market strength shifts
✔️ Volatility Filter – Ensures valid order block signals
✔️ ATR & Market Structure Detection – Additional confirmation for valid entries
✔️ Alerts for market direction changes
📊 How to Use This Indicator?
🔵 BUY Setup:
➡ Momentum Flow Buy is increasing (buyers gaining strength)
➡ Price is within the Bullish Order Block (BUY Zone)
➡ Sellers are weakening (Momentum Flow Sell is decreasing)
➡ Entry after a pullback to the buy order block zone
🔴 SELL Setup:
➡ Momentum Flow Sell is increasing (sellers gaining strength)
➡ Price is within the Bearish Order Block (SELL Zone)
➡ Buyers are weakening (Momentum Flow Buy is decreasing)
➡ Entry after a pullback to the sell order block zone
⚡ Use Smart Trend Order Block for more precise and confident trading entries! ⚡
📌 Combine with Price Action & Confirmation Signals for best results!
🚀 Join Telegram 👉 t.me
LuxSignals | Billionaire TierYou can see the Author's instructions below to get access to this indicator.
Our automated trading bot is engineered for traders who demand transparency, realistic backtesting, and disciplined risk management. The system is designed not only to deliver signals but also to operate under strict trading conditions that mimic real-world markets. Every element of the strategy has been fine‐tuned so that its performance metrics—whether measured by win rate, total profit, or profit factor—this all is controlled by LuxSignals’ algorithm. This algorithm is exactly what makes it unique from all other indicators on the market: The algorithm looks at 100 possible numbers for an input and then decided on the best one - eventually you have to enter this number into the settings, leaving you with no need to adjust the settings yourself via trial and error.
Why you need to change inputs
LuxSignals is on tradingview.com, which uses the coding language "Pine Script" for its indicators. Unfortunately, Pine Script is very limited in its capabilities and can't run too many calculations at a time or can't make multiple backtests at once. Each backtest with different settings requires an indicator to load again.
An indicator will load when it's added to the chart or if its settings have changed.
This is why you have to change LuxSignals' inputs a few times so it can collect the necessary data from backtests over time to decide on its best settings. With Pine Script it's impossible to run so many backtests at once, it would require it to load longer than a minute at once, but the limit for TradingView's free tier is 20 seconds.
How LuxSignals' algorithm works
LuxSignals actually only has two inputs: Input 1 and Input 2. The minimum input for each is 2, the maximum LuxSignals can recommend is 100. You can also use higher numbers than 100 to see its backtesting results.
At the end of each process (changing the inputs many times), you will receive the best settings for the exact chart and timeframe you are on for the starting settings you had.
In total LuxSignals has to decide on one settings pair of Input 1 and Input 2 from 10'000 possible ones (100 x 100 possible combinations). It does that by calculating the hypothetical backtesting results (the profit factor) of 100 different settings at once.
You can control for which Input these hypothetical results are with the "optimize for" setting. So if you optimize for Input 1, LuxSignals calculates 100 hypothetical results for all possible inputs of Input 1, ranging from 2 to 100.
Now Input 1 and Input 2 affect each other's backtesting results, that's why you have to switch between optimizing for one to another.
Strategy and Signal Generation
At the core of the bot is a refined indicator that blends classic technical analysis tools with a proprietary twist. The process is as follows:
* Average Price Calculation:
The system starts by computing the average price (AP) using the formula for HLC3 (the average of the high, low, and close prices). This balanced approach captures a comprehensive view of market price action.
* Exponential Smoothing:
An exponential moving average (EMA) over a period (n₁) is applied to the AP to obtain a smoothed value (ESA). This step filters out short-term noise while maintaining sensitivity to market changes.
* Volatility Measurement:
The absolute difference between the AP and its smoothed counterpart is then subjected to another EMA (using the same period n₁) to generate a dynamic volatility metric (D). This measurement adapts to market fluctuations.
* Normalization:
The difference between the AP and ESA is normalized by dividing it by (0.015 × D). This creates a channel indicator (CI) that scales according to current volatility levels.
* WaveTrend Oscillator Formation:
A second EMA (over period n₂) is applied to the normalized value (CI) to produce the final oscillator value (WT1). The WaveTrend oscillator, therefore, encapsulates both trend strength and market volatility in a single metric.
* Signal Generation:
Trading signals are derived from the oscillator’s behavior:
* A buy signal is triggered when WT1 crosses above zero.
* A sell signal is triggered when WT1 crosses below zero.
This carefully layered approach ensures that the signals are both timely and reliable, which LuxSignals takes care of.
Please note that the following guidelines have not been fully met in our current testing process: our published backtesting results might not completely avoid potential misinterpretations by traders; we have not utilized an account size reflective of the average trader’s capital; realistic commission fees and slippage may have not been incorporated into our simulations.
In summary, while we did not apply a fully comprehensive simulation of every realistic trading condition for the backtesting, our design ensures that the strategy is equipped with realistic risk management and execution parameters when actively trading. This dual approach allows traders to benefit from both efficient signal validation and robust, live market performance without compromising on safety or accuracy.
Trading is risky & most day traders lose money. All content, tools, scripts, articles, & education provided by LuxSignals are purely for informational & educational purposes only. Past performance does not guarantee future results.
Conclusion
Our automated trading bot stands out due to its transparent and its commitment to realistic, robust strategy testing. it offers traders a dependable tool for navigating the markets. Whether you prioritize win rate, total profit, or profit factor, this system is built to adapt and perform under real-world conditions while preserving your capital.
