SMC Analysis - Fair Value Gaps (Enhanced)SMC Analysis - Fair Value Gaps (Enhanced) Script Summary
Overview
The "SMC Analysis - Fair Value Gaps (Enhanced)" script, written in Pine Script (version 6), is a technical analysis indicator designed for TradingView to identify and visualize Fair Value Gaps (FVGs) on a price chart. It supports both the main timeframe and multiple higher timeframes (MTF) for comprehensive market analysis. FVGs are price gaps formed by a three-candle pattern, indicating potential areas of market inefficiency where price may return to fill the gap.
Key Features
FVG Detection:
Identifies bullish FVGs: Occur when the high of a candle two bars prior is lower than the low of the current candle, with the middle candle being bullish (close > open).
Identifies bearish FVGs: Occur when the low of a candle two bars prior is higher than the high of the current candle, with the middle candle being bearish (close < open).
Visualizes FVGs as colored boxes on the chart (green for bullish, red for bearish).
Mitigation Tracking:
Tracks when FVGs are touched (price overlaps the gap range) or mitigated (price fully closes the gap).
Strict Mode: Marks an FVG as mitigated when price touches the gap range.
Normal Mode: Requires a full breakthrough (price crossing the gap’s bottom for bullish FVGs or top for bearish FVGs) for mitigation.
Optionally converts FVG box borders to dashed lines and increases transparency when partially touched.
Multi-Timeframe (MTF) Support:
Analyzes FVGs on three user-defined higher timeframes (default: 15m, 60m, 240m).
Displays MTF FVGs with distinct labels and slightly more transparent colors.
Ensures no duplicate processing of MTF bars to maintain performance.
Customization Options:
FVG Length: Adjustable duration for how long FVGs are displayed (default: 20 bars).
Show/Hide FVGs: Toggle visibility for main timeframe and each MTF.
Color Customization: User-defined colors for bullish and bearish FVGs (default: green and red).
Display Options: Toggle for showing dashed lines after partial touches and strict mitigation mode.
Performance Optimization:
Limits the number of displayed boxes (50 for main timeframe, 20 per MTF) to prevent performance issues.
Automatically removes older boxes to maintain a clean chart.
Functionality
Visualization: Draws boxes around detected FVGs, with customizable colors and text labels ("FVG" for main timeframe, "FVG " for MTF).
Dynamic Updates: Extends or terminates FVG boxes based on mitigation status and user settings.
Efficient Storage: Uses arrays to manage FVG data (boxes, tops, bottoms, indices, mitigation status, and touch status) separately for main and MTF analyses.
Use Case
This indicator is designed for traders using Smart Money Concepts (SMC) to identify areas of market inefficiency (FVGs) for potential price reversals or continuations. The MTF support allows analysis across different timeframes, aiding in confirming trends or spotting higher-timeframe support/resistance zones.
Wyszukaj w skryptach "mtf"
Multi Timeframe Relative Strength Index {DCAquant}Overview
The Multi Timeframe Relative Strength Index (MTF RSI) is a powerful technical analysis tool designed to provide insights into market momentum and potential trend reversals across multiple timeframes. Leveraging the Relative Strength Index (RSI) formula, this indicator offers traders a comprehensive view of market sentiment and identifies overbought and oversold conditions.
Key Features
RSI Calculation:
Utilizes the standard RSI calculation formula to measure the magnitude of recent price changes and assess the strength of market trends.
Employs a user-defined length parameter to customize the sensitivity of the RSI calculation based on trading preferences.
Multiple Timeframe Analysis:
Allows traders to analyze RSI values across up to six different timeframes, ranging from minutes to days, providing a holistic perspective on market dynamics.
Calculates RSI values independently for each selected timeframe, enabling comparison and trend identification.
Threshold Levels:
Defines overbought and oversold levels to highlight potential reversal points in market trends.
Offers flexibility in adjusting threshold levels based on individual risk tolerance and trading strategies.
Neutral Zone:
Establishes upper and lower neutral thresholds to identify periods of consolidation or sideways movement in price.
Helps traders distinguish between trending and ranging market conditions for more accurate analysis.
Moving Average Smoothing:
Provides the option to apply moving average smoothing to aggregated RSI values for enhanced clarity and reduced noise.
Enables smoother visualization of RSI trends, facilitating easier interpretation for traders.
Visual Representation:
Plots the aggregated MTF RSI values on the price chart, allowing traders to visually assess market momentum and potential reversal points.
Utilizes color-coded backgrounds to indicate Long, Short, or Neutral conditions for quick identification.
Dynamic Table Display:
Displays trading signals alongside graphical indicators (rocket for Long, snowflake for Short, and star for Neutral) in a customizable table format.
Offers flexibility in table placement and size to accommodate user preferences.
How to Use:
Parameter Configuration:
Adjust the length parameter to fine-tune the sensitivity of the RSI calculation based on the desired timeframe and trading strategy.
Define overbought and oversold levels to identify potential reversal points in market trends.
Customize upper and lower neutral thresholds to differentiate between trending and ranging market conditions.
Interpretation:
Monitor the aggregated MTF RSI values plotted on the price chart for signals of overbought or oversold conditions.
Pay attention to color-coded backgrounds and graphical indicators in the table for actionable trading insights.
Trading Strategy:
Consider entering Long positions when the aggregated MTF RSI is above the upper neutral threshold, indicating potential bullish momentum.
Evaluate Short opportunities when the aggregated MTF RSI falls below the lower neutral threshold, signaling possible bearish momentum.
Exercise caution during Neutral conditions, as there may be uncertainty in market direction.
Risk Management:
Combine MTF RSI analysis with robust risk management strategies, including stop-loss and take-profit levels, to manage trading risks effectively.
Practice prudent risk management and trade within your risk tolerance to minimize potential losses.
Disclaimer
Trading in financial markets involves risk, and past performance is not indicative of future results. The use of the MTF RSI indicator does not guarantee profits or prevent losses. Traders should conduct their own analysis, exercise caution, and seek advice from qualified financial professionals before making trading decisions.
Fair Value Gap█ OVERVIEW
This indicator displays the Fair Value Gap of the current timeframe and an additional higher timeframe. For each FVG the gaps act as targets creating bullish and bearish gaps that are often filled.
█ FEATURES
MTF Options
MidPoint FIll
Delete Old On Fill
Label FVG Timeframe
MTF Options
Enabling the MTF Options will allow the user to use the "MTF Timeframe" setting to choose what HTF Fair Value Gap to display
MidPoint FIll
A line plot at the Half way point will be included in the Fair Value Gap, this will be used to delete the gap when reached instead of a full fill.
Delete Old On Fill
Deletes historical Fair Value Gaps when filled.
Label FVG Timeframe
Labels Every Fair Value gap with there relevant timeframe to make it easier to determine which gap is being filled.
█ HOW TO USE IT
The indicator is quite straight forward in its application, providing users with targets that are often filled as they are seen as market imbalance.
Just applying it to your chart will provide the existing Fair Value Gaps. MTF Confluence is helpful in seeing what is happening on the macro perspective.
█ SUGGESTION
My suggestion for clarity is to use a different color to some degree between the MTF and Current TF as Opposed to text, keeps the chart clear.
█ LIMITATIONS OF PINE (Please read)
I see many users going on different indicators with MTF in mind and trying to use it for LTF data e.g. 1hour chart, and selecting 5min in chart settings.
This is not recommended by the team themselves and should be noted for use always use HTF: www.tradingview.com
To understand how to use fair value gaps I recommend learning about the subject some more, searching online will provide you resources. The internet is your friend when learning. All the best.
Multi SMA EMA WMA HMA BB (5+5 MAs + Bollinger Bands) by RRB
Multi SMA EMA WMA HMA BB (5+5 Moving Averages of Any Type with Bollinger Bands) by RagingRocketBull 2018
Version 1.0
This indicator shows multiple MAs of any type (SMA EMA WMA HMA etc) with BB on a chart at the same time with/without MTF support depending on the version.
There are several versions (published later): Simple, MTF, Pro MTF and Ultimate MTF. This is the Simple version. The Differences are listed below. All versions have BB
- Simple: you have 2 groups of MAs that can be assigned any type (5+5)
- MTF: +assign 1 custom Timeframe to any group combo (5+5 Custom TF)
- Pro MTF: +multiple Timeframes for multiple MA groups (4*3 MTF), horizontal levels and show max bars back options
- Ultimate MTF: +individual settings for each MA, multiple Timeframes
You can use different types of MAs as dynamic S/R levels to trade of off and MA crosses as signals for possible trend change (golden/death bull/bear crosses).
Most common MA types are: SMA, EMA, WMA, HMA.
Most common MA lengths are: 12, 20, 26, 30, 50, 100, 200, 400 etc.
Features:
- 2 groups of custom 5+5 MAs of any type including Hull Moving Average (HMA)
- BB
1. based on 3EmaBB, uses plot, fill, stdev and custom hma functions
2. swma has a fixed length = 4, alma and linreg have additional offset and smoothing params
Feel free to use. Good Luck!
Intrabar Volume Delta — RealTime + History (Stocks/Crypto/Forex)Intrabar Volume Delta Grid — RealTime + History (Stocks/Crypto/Forex)
# Short Description
Shows intrabar Up/Down volume, Delta (absolute/relative) and UpShare% in a compact grid for both real-time and historical bars. Includes an MTF (M1…D1) dashboard, contextual coloring, density controls, and alerts on Δ and UpShare%. Smart historical splitting (“History Mode”) for Crypto/Futures/FX.
---
# What it does (Quick)
* **UpVol / DownVol / Δ / UpShare%** — visualizes order-flow inside each candle.
* **Real-time** — accumulates intrabar volume live by tick-direction.
* **History Mode** — splits Up/Down on closed bars via simple or range-aware logic.
* **MTF Dashboard** — one table view across M1, M5, M15, M30, H1, H4, D1 (Vol, Up/Down, Δ%, Share, Trend).
* **Contextual opacity** — stronger signals appear bolder.
* **Label density** — draw every N-th bar and limit to last X bars for performance.
* **Alerts** — thresholds for |Δ|, Δ%, and UpShare%.
---
# How it works (Real-Time vs History)
* **Real-time (open bar):** volume increments into **UpVolRT** or **DownVolRT** depending on last price move (↑ goes to Up, ↓ to Down). This approximates live order-flow even when full tick history isn’t available.
* **History (closed bars):**
* **None** — no split (Up/Down = 0/0). Safest for equities/indices with unreliable tick history.
* **Approx (Close vs Open)** — all volume goes to candle direction (green → Up 100%, red → Down 100%). Fast but yields many 0/100% bars.
* **Price Action Based** — splits by Close position within High-Low range; strength = |Close−mid|/(High−Low). Above mid → more Up; below mid → more Down. Falls back to direction if High==Low.
* **Auto** — **Stocks/Index → None**, **Crypto/Futures/FX → Approx**. If you see too many 0/100 bars, switch to **Price Action Based**.
---
# Rows & Meaning
* **Volume** — total bar volume (no split).
* **UpVol / DownVol** — directional intrabar volume.
* **Delta (Δ)** — UpVol − DownVol.
* **Absolute**: raw units
* **Relative (Δ%)**: Δ / (Up+Down) × 100
* **Both**: shows both formats
* **UpShare%** — UpVol / (Up+Down) × 100. >50% bullish, <50% bearish.
* Helpful icons: ▲ (>65%), ▼ (<35%).
---
# MTF Dashboard (🔧 Enable Dashboard)
A single table with **Vol, Up, Down, Δ%, Share, Trend (🔼/🔽/⏭️)** for selected timeframes (M1…D1). Great for a fast “panorama” read of flow alignment across horizons.
---
# Inputs (Grouped)
## Display
* Toggle rows: **Volume / Up / Down / Delta / UpShare**
* **Delta Display**: Absolute / Relative / Both
## Realtime & History
* **History Mode**: Auto / None / Approx / Price Action Based
* **Compact Numbers**: 1.2k, 1.25M, 3.4B…
## Theme & UI
* **Theme Mode**: Auto / Light / Dark
* **Row Spacing**: vertical spacing between rows
* **Top Row Y**: moves the whole grid vertically
* **Draw Guide Lines**: faint dotted guides
* **Text Size**: Tiny / Small / Normal / Large
## 🔧 Dashboard Settings
* **Enable Dashboard**
* **📏 Table Text Size**: Tiny…Huge
* **🦓 Zebra Rows**
* **🔲 Table Border**
## ⏰ Timeframes (for Dashboard)
* **M1…D1** toggles
## Contextual Coloring
* **Enable Contextual Coloring**: opacity by signal strength
* **Δ% cap / Share offset cap**: saturation caps
* **Min/Max transparency**: solid vs faint extremes
## Label Density & Size
* **Show every N-th bar**: draw labels only every Nth bar
* **Limit to last X bars**: keep labels only in the most recent X bars
## Colors
* Up / Down / Text / Guide
## Alerts
* **Delta Threshold (abs)** — |Δ| in volume units
* **UpShare > / <** — bullish/bearish thresholds
* **Enable Δ% Alert**, **Δ% > +**, **Δ% < −** — relative delta levels
---
# How to use (Quick Start)
1. Add the indicator to your chart (overlay=false → separate pane).
2. **History Mode**:
* Crypto/Futures/FX → keep **Auto** or switch to **Price Action Based** for richer history.
* Stocks/Index → prefer **None** or **Price Action Based** for safer splits.
3. **Label Density**: start with **Limit to last X bars = 30–150** and **Show every N-th bar = 2–4**.
4. **Contextual Coloring**: keep on to emphasize strong Δ% / Share moves.
5. **Dashboard**: enable and pick only the TFs you actually use.
6. **Alerts**: set thresholds (ideas below).
---
# Alerts (in TradingView)
Add alert → pick this indicator → choose any of:
* **Delta exceeds threshold** (|Δ| > X)
* **UpShare above threshold** (UpShare% > X)
* **UpShare below threshold** (UpShare% < X)
* **Relative Delta above +X%**
* **Relative Delta below −X%**
**Starter thresholds (tune per symbol & TF):**
* **Crypto M1/M5**: Δ% > +25…35 (bullish), Δ% < −25…−35 (bearish)
* **FX (tick volume)**: UpShare > 60–65% or < 40–35%
* **Stocks (liquid)**: set **Absolute Δ** by typical volume scale (e.g., 50k / 100k / 500k)
---
# Notes by Market Type
* **Crypto/Futures**: 24/7 and high liquidity — **Price Action Based** often gives nicer history splits than Approx.
* **Forex (FX)**: TradingView volume is typically **tick volume** (not true exchange volume). Treat Δ/Share as tick-based flow, still very useful intraday.
* **Stocks/Index**: historical tick detail can be limited. **None** or **Price Action Based** is a safer default. If you see too many 0/100% shares, switch away from Approx.
---
# “All Timeframes” accuracy
* Works on **any TF** (M1 → D1/W1).
* **Real-time accuracy** is strong for the open bar (live accumulation).
* **Historical accuracy** depends on your **History Mode** (None = safest, Approx = fastest/simplest, Price Action Based = more nuanced).
* The MTF dashboard uses `request.security` and therefore follows the same logic per TF.
---
# Trade Ideas (Use-Cases)
* **Scalping (M1–M5)**: a spike in Δ% + UpShare>65% + rising total Vol → momentum entries.
* **Intraday (M5–M30–H1)**: when multiple TFs show aligned Δ%/Share (e.g., M5 & M15 bullish), join the trend.
* **Swing (H4–D1)**: persistent Δ% > 0 and UpShare > 55–60% → structural accumulation bias.
---
# Advantages
* **True-feeling live flow** on the open bar.
* **Adaptable history** (three modes) to match data quality.
* **Clean visual layout** with guides, compact numbers, contextual opacity.
* **MTF snapshot** for quick bias read.
* **Performance controls** (last X bars, every N-th bar).
---
# Limitations & Care
* **FX uses tick volume** — interpret Δ/Share accordingly.
* **History Mode is an approximation** — confirm with trend/structure/liquidity context.
* **Illiquid symbols** can produce noisy or contradictory signals.
* **Too many labels** can slow charts → raise N, lower X, or disable guides.
---
# Best Practices (Checklist)
* Crypto/Futures: prefer **Price Action Based** for history.
* Stocks: **None** or **Price Action Based**; be cautious with **Approx**.
* FX: pair Δ% & UpShare% with session context (London/NY) and volatility.
* If labels overlap: tweak **Row Spacing** and **Text Size**.
* In the dashboard, keep only the TFs you actually act on.
* Alerts: start around **Δ% 25–35** for “punchy” moves, then refine per asset.
---
# FAQ
**1) Why do some closed bars show 0%/100% UpShare?**
You’re on **Approx** history mode. Switch to **Price Action Based** for smoother splits.
**2) Δ% looks strong but price doesn’t move — why?**
Δ% is an **order-flow** measure. Price also depends on liquidity pockets, sessions, news, higher-timeframe structure. Use confirmations.
**3) Performance slowdown — what to do?**
Lower **Limit to last X bars** (e.g., 30–100), increase **Show every N-th bar** (2–6), or disable **Draw Guide Lines**.
**4) Dashboard values don’t “match” the grid exactly?**
Dashboard is multi-TF via `request.security` and follows the history logic per TF. Differences are normal.
---
# Short “Store” Marketing Blurb
Intrabar Volume Delta Grid reveals the order-flow inside every candle (Up/Down, Δ, UpShare%) — live and on history. With smart history splitting, an MTF dashboard, contextual emphasis, and flexible alerts, it helps you spot momentum and bias across Crypto, Forex (tick volume), and Stocks. Tidy labels and compact numbers keep the panel readable and fast.
QFisher-R™ [ParadoxAlgo]QFISHER-R™ (Regime-Aware Fisher Transform)
A research/education tool that helps visualize potential momentum exhaustion and probable inflection zones using a quantitative, non-repainting Fisher framework with regime filters and multi-timeframe (MTF) confirmation.
What it does
Converts normalized price movement into a stabilized Fisher domain to highlight potential turning points.
Uses adaptive smoothing, robust (MAD/quantile) thresholds, and optional MTF alignment to contextualize extremes.
Provides a Reversal Probability Score (0–100) to summarize signal confluence (extreme, slope, cross, divergence, regime, and MTF checks).
Key features
Non-repainting logic (bar-close confirmation; security() with no lookahead).
Dynamic exhaustion bands (data-driven thresholds vs fixed ±2).
Adaptive smoothing (efficiency-ratio based).
Optional divergence tags on structurally valid pivots.
MTF confirmation (same logic computed on a higher timeframe).
Compact visuals with subtle plotting to reduce chart clutter.
Inputs (high level)
Source (e.g., HLC3 / Close / HA).
Core lookback, fast/slow range blend, and ER length.
Band sensitivity (robust thresholding).
MTF timeframe(s) and agreement requirement.
Toggle divergence & intrabar previews (default off).
Signals & Alerts
Turn Candidate (Up/Down) when multiple conditions align.
Trade-Grade Turn when score ≥ threshold and MTF agrees.
Divergence Confirmed when structural criteria are met.
Alerts are generated on confirmed bar close by default. Optional “preview” mode is available for experimentation.
How to use
Start on your preferred timeframe; optionally enable an HTF (e.g., 4×) for confirmation.
Look for RPS clusters near the exhaustion bands, slope inflections, and (optionally) divergences.
Combine with your own risk management, liquidity, and trend context.
Paper test first and calibrate thresholds to your instrument and timeframe.
Notes & limitations
This is not a buy/sell signal generator and does not predict future returns.
Readings can remain extreme during strong trends; use HTF context and your own filters.
Parameters are intentionally conservative by default; adjust carefully.
Compliance / Disclaimer
Educational & research tool only. Not financial advice. No recommendation to buy/sell any security or derivative.
Past performance, backtests, or examples (if any) are not indicative of future results.
Trading involves risk; you are responsible for your own decisions and risk management.
Built upon the Fisher Transform concept (Ehlers); all modifications, smoothing, regime logic, scoring, and visualization are original work by Paradox Algo.
[Mad]Triple Bollinger Bands ForecastTriple Bollinger Bands Forecast (BBx3+F)
This open-source indicator is an advanced version of the classic Bollinger Bands, designed to provide a more comprehensive and forward-looking view of market volatility and potential price levels.
It plots three distinct sets of Bollinger Bands and projects them into the future based on statistical calculations.
How It Is Built and Key Features
Triple Bollinger Bands: Instead of a single set of bands, this indicator plots three. All three share the same central basis line (a Simple Moving Average), but each has a different standard deviation multiplier. This creates three distinct volatility zones for analyzing price deviation from its mean.
Multi-Timeframe (MTF) Capability: The indicator can calculate and display Bollinger Bands from a higher timeframe (e.g., showing daily bands on a 4-hour chart). This allows for contextualizing price action within the volatility structure of a more significant trend.
(Lower HTF selection will result in script-crash!)
Future Forecasting: This is the indicator's main feature. It projects the calculated Bollinger Bands up to 8 bars into the future. This forecast is a recalculation of the Simple Moving Average and Standard Deviation based on a projected future source price.
Selectable Forecast Methods: The mathematical model for estimating the future source price can be selected:
Flat: A model that uses the most recent closing price as the price for all future bars in the calculation window.
Linreg (Linear Regression): A model that calculates a linear regression trend on the last few bars and projects it forward to estimate the future source price.
Efficient Drawing with Polylines: The future projections are drawn on the chart using Pine Script's polyline object. This is an efficient method that draws the forecast data only on the last bar, which avoids repainting issues.
Differences from a Classical Bollinger Bands Indicator
Band Count: A classical indicator shows one set of bands. This indicator plots three sets for a multi-layered view of volatility.
Perspective: Classical Bollinger Bands are purely historical. This indicator is both historical and forward-looking .
Forecasting: The classic version has no forecasting capability. This indicator projects the bands into the future .
Timeframe: The classic version works only on the current timeframe. This indicator has full Multi-Timeframe (MTF) support .
The Mathematics Behind the Future Predictions
The core challenge in forecasting Bollinger Bands is that a future band value depends on future prices, which are unknown. This indicator solves this by simulating a future price series. Here is the step-by-step logic:
Forecast the Source Price for the Next Bar
First, the indicator estimates what the price will be on the next bar.
Flat Method: The forecasted price is the current bar's closing price.
Price_forecast = close
Linreg Method: A linear regression is calculated on the last few bars and extrapolated one step forward.
Price_forecast = ta.linreg(close, linreglen, 1)
Calculate the Future SMA (Basis)
To calculate the Simple Moving Average for the next bar, a new data window is simulated. This window includes the new forecasted price and drops the oldest historical price. For a 1-bar forecast, the calculation is:
SMA_future = (Price_forecast + close + close + ... + close ) / length
Calculate the Future Standard Deviation
Similarly, the standard deviation for the next bar is calculated over this same simulated window of prices, using the new SMA_future as its mean.
// 1. Calculate the sum of squared differences from the new mean
d_f = Price_forecast - SMA_future
d_0 = close - SMA_future
// ... and so on for the rest of the window's prices
SumOfSquares = (d_f)^2 + (d_0)^2 + ... + (d_length-2)^2
// 2. Calculate future variance and then the standard deviation
Var_future = SumOfSquares / length
StDev_future = sqrt(Var_future)
Extending the Forecast (2 to 8 Bars)
For forecasts further into the future (e.g., 2 bars), the script uses the same single Price_forecast for all future steps in the calculation. For a 2-bar forecast, the simulated window effectively contains the forecasted price twice, while dropping the two oldest historical prices. This provides a statistically-grounded projection of where the Bollinger Bands are likely to form.
Usage as a Forecast Extension
This indicator's functionality is designed to be modular. It can be used in conjunction with as example Mad Triple Bollinger Bands MTF script to separate the rendering of historical data from the forward-looking forecast.
Configuration for Combined Use:
Add both the Mad Triple Bollinger Bands MTF and this Triple Bollinger Bands Forecast indicator to your chart.
Open the Settings for this indicator (BBx3+F).
In the 'General Settings' tab, disable the Activate Plotting option.
To ensure data consistency, the Bollinger Length, Multipliers, and Higher Timeframe settings should be identical across both indicators.
This configuration prevents the rendering of duplicate historical bands. The Mad Triple Bollinger Bands MTF script will be responsible for visualizing the historical and current bands, while this script will overlay only the forward-projected polyline data.
Multi Timeframe Moving Average Convergence Divergence {DCAquant}Overview
The MTF MACD indicator provides a unique view of MACD (Moving Average Convergence Divergence) and Signal Line dynamics across various timeframes. It calculates the MACD and Signal Line for each selected timeframe and aggregates them for analysis.
Key Features
MACD Calculation
Utilizes standard MACD calculations based on user-defined parameters like fast length, slow length, and signal smoothing.
Determines the difference between the MACD and Signal Line to identify convergence or divergence.
Multiple Timeframe Analysis
Allows users to select up to six different timeframes for analysis, ranging from minutes to days, providing a holistic view of market trends.
Calculates MACD and Signal Line for each timeframe independently.
Aggregated Analysis
Combines MACD and Signal Line values from multiple timeframes to derive a consolidated view.
Optionally applies moving average smoothing to aggregated MACD and Signal Line values for better clarity.
Position Identification
Determines the trading position (Long, Short, or Neutral) based on the relationship between MACD and Signal Line.
Considers the proximity of MACD and Signal Line to identify potential trading opportunities.
Visual Representation
Plots MACD and Signal Line on the price chart for visual analysis.
Utilizes color-coded backgrounds to indicate trading conditions (Long, Short, or Neutral) for quick interpretation.
Dynamic Table Display
Displays trading position alongside graphical indicators (rocket for Long, snowflake for Short, and star for Neutral) in a customizable table.
Offers flexibility in table placement and size for user preference.
How to Use
Parameter Configuration
Adjust parameters like fast length, slow length, and signal smoothing to fine-tune MACD calculations.
Select desired timeframes for analysis based on trading preferences and market conditions.
Interpretation
Monitor the relationship between MACD and Signal Line on the price chart.
Pay attention to color-coded backgrounds and graphical indicators in the table for actionable insights.
Decision Making
Consider entering Long positions when MACD is above the Signal Line and vice versa for Short positions.
Exercise caution during Neutral conditions, as there may be uncertainty in market direction.
Risk Management
Combine MTF MACD analysis with risk management strategies to optimize trade entries and exits.
Set stop-loss and take-profit levels based on individual risk tolerance and market conditions.
Conclusion
The Multi Timeframe Moving Average Convergence Divergence (MTF MACD) indicator offers a robust framework for traders to analyze market trends across multiple timeframes efficiently. By combining MACD insights from various time horizons and presenting them in a clear and actionable format, it empowers traders to make informed decisions and enhance their trading strategies.
Disclaimer
The Multi Timeframe Moving Average Convergence Divergence (MTF MACD) indicator provided here is intended for educational and informational purposes only. Trading in financial markets involves risk, and past performance is not indicative of future results. The use of this indicator does not guarantee profits or prevent losses.
Please be aware that trading decisions should be made based on your own analysis, risk tolerance, and financial situation. It is essential to conduct thorough research and seek advice from qualified financial professionals before engaging in any trading activity.
The MTF MACD indicator is a tool designed to assist traders in analyzing market trends and identifying potential trading opportunities. However, it is not a substitute for sound judgment and prudent risk management.
By using this indicator, you acknowledge that you are solely responsible for your trading decisions, and you agree to indemnify and hold harmless the developer and distributor of this indicator from any losses, damages, or liabilities arising from its use.
Trading in financial markets carries inherent risks, and you should only trade with capital that you can afford to lose. Exercise caution and discretion when implementing trading strategies, and consider seeking independent financial advice if necessary.
CM MACD Custom Indicator - Multiple Time Frame - V2***For a Detailed Video Overview Showing all of the Settings...
Click HERE to View Video
New _CM_MacD_Ult_MTF _V2 Update 07-28-2021
Thanks to @SKTennis for help in Updating code to V2
Added Groups to Settings Pane.
Added Color Plots to Settings Pane
Switched MTF Logic to turn ON/OFF automatically w/ TradingView's Built in Feature
Updated Color Transparency plots to work in future update
Added Ability to Turn ON/OFF Show MacD & Signal Line
Added Ability to Turn ON/OFF Show Histogram
Added Ability to Change MACD Line Colors Based on Trend
Added Ability to Highlight Price Bars Based on Trend
Added Alerts to Settings Pane.
Customized how Alerts work. Must keep Checked in Settings Pane, and When you go to Alerts Panel, Change Symbol to Indicator (CM_Ult_MacD_MTF_V2)
Customized Alerts to Show Symbol, TimeFrame, Closing Price, MACD Crosses Up & MACD Crosses Down Signals in Alert
Alerts are Pre-Set to only Alert on Bar Close
See Video for Detailed Overview
New Updates Coming Soon!!!
***Please Post Feedback and Any Feature Requests in the Comments Section Below***
Supertrend + MACD with Advanced FiltersDetailed Guide
1. Indicator Overview
Purpose:
This enhanced indicator combines Supertrend and MACD to signal potential trend changes. In addition, it now includes several extra filters for more reliable signals:
Multi-Timeframe (MTF) Confirmation: Checks a higher timeframe’s trend.
ADX (Momentum) Filter: Ensures the market is trending strongly.
Dynamic Factor Adjustment: Adapts the Supertrend sensitivity to current volatility.
Volume Filter: Verifies that current volume is above average.
Each filter can be enabled or disabled according to your preference.
How It Works:
The Supertrend calculates dynamic support/resistance levels based on ATR and an adjustable factor, while MACD identifies momentum shifts via its crossovers. The additional filters then confirm whether the conditions meet your criteria for a trend change. If all enabled filters align, the indicator plots a shape and triggers an alert.
2. Supertrend Component with Dynamic Factor
Base Factor & ATR Period:
The Supertrend uses these inputs to compute its dynamic bands.
Dynamic Factor Toggle:
When enabled, the factor is adjusted by comparing the current ATR to its simple moving average. This makes the indicator adapt to higher or lower volatility conditions, helping to reduce false signals.
3. MACD Component
Parameters:
Standard MACD settings (Fast MA, Slow MA, Signal Smoothing) determine the responsiveness of the MACD line. Crossovers between the MACD line and its signal line indicate potential trend reversals.
4. Multi-Timeframe (MTF) Filter
Function:
If enabled, the indicator uses a higher timeframe’s simple moving average (SMA) to confirm the prevailing trend.
Bullish Confirmation: The current close is above the higher timeframe SMA.
Bearish Confirmation: The current close is below the higher timeframe SMA.
5. ADX Filter (Momentum)
Custom Calculation:
Since the built-in ta.adx function may not be available, a custom ADX is calculated. This involves:
Determining positive and negative directional movements (DMs).
Smoothing these values to obtain +DI and -DI.
Calculating the DX and then smoothing it to yield the ADX.
Threshold:
Only signals where the ADX exceeds the set threshold (default 20) are considered valid, ensuring that the market is trending strongly enough.
6. Volume Filter
Function:
Checks if the current volume exceeds the average volume (SMA) multiplied by a specified factor. This helps confirm that a price move is supported by sufficient trading activity.
7. Combined Signal Logic & Alerts
Final Signal:
A bullish signal is generated when:
MACD shows a bullish crossover,
Supertrend indicates an uptrend,
And all enabled filters (MTF, ADX, volume) confirm the signal.
The bearish signal is generated similarly in the opposite direction.
Alerts:
Alert conditions are set so that TradingView can notify you via pop-up, email, or SMS when these combined conditions are met.
8. User Adjustments
Toggle Filters:
Use the on/off switches for MTF, ADX, and Volume filters as needed.
Parameter Tuning:
Adjust the ATR period, base factor, higher timeframe settings, ADX period/threshold, and volume multiplier to match your trading style and market conditions.
Backtesting:
Always backtest your settings to ensure that they perform well with your strategy.
Linear Regression Channel 200█ OVERVIEW
This a simplified version of linear regression channel which use length 200 instead of traditional length 100.
█ FEATURES
Color change depends light / dark mode.
█ LIMITATIONS
Limited to source of closing price and max bars back is 1500.
█ SIMILAR
Regression Channel Alternative MTF
Regression Channel Alternative MTF V2
Modified QQE-ZigZag [Non Repaint During Candle Building]V V V V V V V Please Read V V V V V V V
I ask Peter and he is fine, that im published this script
Tell me if you have some ideas or criticism about that sricpt
>>>>>>>>>> This is a modified Version of Peter_O's Momentum Based ZigZag <<<<<<<<<<<
This is only a test, and i want to share it with the community
It works like other ZigZags
Because Peters_O's original Version is only non repaint on closed historical Data ,
during a Candle building process it can still repaint (signal appears / 21 seconds later signal disapears / 42 seconds later signal appears again in the same candle / etc.),
but that isnt important for backtesting, its only important for realtime PivotPoints during a candle.
My goal for this zigzag was to make it absolute non repaint neither during a candle building process (current candle),
so once the signal is shown there is no chance that it disapers and shown a few seconds later again on that same candle, it can only show up one time per candle an thats it,
and that makes it absolute non repaint in all time frames.
Credits to:
==> Thanks to @glaz , for bringing the QQE to Tradingview <3
==> Thanks to @Peter_O , for sharing his idea to use the QQE as base for a Zigzag
and for sharing his MTF RSI with the Community <3
Changes:
- I changed the MTF RSI a little bit, you can choose between two version
- I changed the QQE a little bit, its now using the MTF RSI , and its using High and Low values as Source to make it absolute non repaint during a candle is building
- I added a little Divergence Calculation beween price and the MTF RSI that is used for the ZigZag
Colors :
- Green for HH / HL Continuation
- Red for LL / LH Continuation
- Yellow for Positive Divergence
- Purple for Negative Divergence
Important:
It is not possible to backtest this script correctly with historical Data, its only possible in Realtime,
because the QQE is using crossunders with RSILowSource and the QQE Line to find the Tops and,
because the QQE is using crossovers with RSIHighSource and the QQE Line to find the Bottoms,
and that means it is not possible to find the correct Time/Moment when that crossovers / crossunders happens in historical Data
=============> So please be sure you understand the Calculation and Backtest it in Realtime when you want to use it,
because i didn't published this script for real trading
=============> Im not a financial advisor and youre using this script at your own risk
=============> Please do your own research
Joint Conditions Strategy Suite + TradingConnector alerts bot"Please give us combined alerts with the possibility of having several conditions in place to trigger the alert." - was the top voted request from users under one of the recent blogposts by TradingView.
Ask and you shall receive ;)
TradingView is a great platform, with unmatched set of functionalities, yet this particular combo of features indeed seems not to be in place. Fortunately, TradingView is also very open platform, thanks to PineScript coding language, which enables developing combos like the requried one and plenty of other magic.
I have already published numerous "educational" scripts, showing how to code indicators and alerts with PineScript, but... this is not one of them. This one is for real. READY FOR USE on real markets, also by the non-coding traders. Just take my script, set parameters with dropdowns, backtest the strategy, fire the alerts and execute them.
HOW TO USE IT
In "Settings" popup I tried to mimic the CreateAlert popup dropdowns for selecting logic. Let's say you want to enter Long position at Stochastic KxD crossover. In first line of Long Entry conditions set "StochK" + "Crossing Up" + "StochD". Last field doesn't matter because in 3rd dropdown something else than "value" was selected. In second line you could set "maB" + "Greater Than" + "maC" to filter out those entries which are in direction of the uptrend. And yeah, add ADX>25 to make sure the market is actually moving: "ADX" + "Greater Than" + "value" + "25". All condition lines must be TRUE (or skipped) for the entry to be triggered. Toghether with an alert.
The same for Short entries. Combinations are limitless.
INDICATORS AND MTF (MULTI-TIMEFRAME)
In those dropdowns you can select candle values like open/close/high/low/ohlc4, but also some most popular indicators, which I have pre-built into this script: RSI, various Moving Averages, ADX-DMI, Stochastic and Bollinger Bands for start. You can configure parameters of those indicators also in "Settings" popup, in "Indicator Definitions" section. What's important, you can use any of these indicators from higher timeframe, setting MTF multiplier. So if you applied this indicator to 1h chart, but want to use rsi(close,14) from 4h chart, set MTF to 4. If you want to use current timeframe indicators, keep MTF at 1, which is a default setting here.
Note for coders: to keep focus of this script on joining conditions, entire logic for those indicators has been moved to external library, also open source. I encourage you to dig into the code and see how it's done. I love the addition of libraries concept in PineScript.
CUSTOM INDICATOR
Following the "openness" spirit of my master - which is TradingView itself - my work is also open, in 2 ways:
1. This script is open source. So you can grab it, modify or add any functionalities you want. I cannot and don't want to stop you from doing that. I'm asking for only one favor - please mention this source script in your credits.
2. You can import the plot (series) from any other indicator on TradingView. In Settings popup of my script, scroll down to "Indicator Definitions" section, and select the series of your choice in the first dropdown. Now it is ready to use in conditions dropdowns on top of the Settings popup.
Let me give you an example of that last scenario. Take another script of mine, "Pivot Points on SR lines DEMO". You can find it in "Indicators & Strategies" library or here: (). Attach it to your chart. Now come back to THIS script, open Settings popup and in "Custom Indicator aka Imported Source" select "Pivot Points on SR lines: ...". The way it works - it detects if a pivot point happened on Support/Resistance line from the past and returns 1 for PivotLow and -1 for Pivot High. Now in first Long Entry condition set: "custom indicator" + "Greater Than" + "value" + "0" and long entries will be marked on every pivot low noticed on Support/Resistance line.
ALERTS
Last but not least - the alerts. This script produces alerts on the entries calculated by strategy logic, as marked on the chart by the backtester. Moreover, syntax of those alerts is already prepared and fully compatible with TradingConnector - alerts executing tool (bot), if you want to auto-execute those trades. Apart from installing the tool, you need to set
up the alerts in TradingView, here is how:
open CreateAlert popup
in first dropdown select "Joint Conditions Strategy Template"
in second dropdown select "alert() function calls only"
And that's all. You only need to set one alert for the whole script, not one for Longs and one for Shorts as it was in the past. Also, you don't need to setup closing alerts, because stop-loss/take-profit/trailing-stop information is embedded in the entry alert so your broker receives it as early as possible. Alerts sent will look like this: "long sl=40 tp=80", which is exactly what TradingConnector expects.
Phew, that's all folks. If you think I should add something to this template (maybe other indicators?) please let me know in comments or via DM. Happy trading!
P.S. Pyramiding is not supported in this script.
Disclaimer : I'm not saying above combination of conditions will make you money. Actually none of this can be considered financial advice. It is only a software tool. Use it wisely, be aware of the risk and do your own research!
_CM_Ultimate_MA_MTF_V4***For a Detailed Video Overview Showing all of the Settings...
Click HERE to View Video
New _CM_Ultimate_MA_MTF_V4 - Update - 08-24-2021
Thanks to @SKTennis for help with code
Added Ability to Plot 1 or 2 Moving Averages - Fast MA & Slow MA
Added Ability to Plot Fast MA with Multi TimeFrame
Added Ability to Plot Slow MA with Multi TimeFrame
Added Ability to Color Fast MA Based on Slope of MA
Added Ability to Color Fast MA based on being Above/Below Slow MA
Added Ability to Plot 8 Types of Moving Averages
Simple, Exponential, Weighted, Hull, VWMA, RMA, TEMA, & Tilson T3
Added Ability to Set Alerts Based on:
Slope Change in the Fast MA Or Fast MA Crossing Above/Below Slow MA.
Added Ability to Plot "Fill" if Both Moving Averages are Turned ON
Added Ability to control Transparency of Fill
Added Alerts to Settings Pane.
Customized how Alerts work. Must keep Checked in Settings Pane, and When you go to Alerts Panel, Change Symbol to Indicator (_CM_Ultimate_MA_MTF_V4)
Customized Alerts to Show Symbol, TimeFrame, Closing Price, & Moving Average Signal Name in Alert
Alerts are Pre-Set to only Alert on Bar Close
See Video for Detailed Overview
New Updates Coming Soon!!!
***Please Post Feedback and Any Feature Requests in the Comments Section Below***
Relative Volume at Time█ OVERVIEW
This indicator calculates relative volume, which is the ratio of present volume over an average of past volume.
It offers two calculation modes, both using a time reference as an anchor.
█ CONCEPTS
Calculation modes
The simplest way to calculate relative volume is by using the ratio of a bar's volume over a simple moving average of the last n volume values.
This indicator uses one of two, more subtle ways to calculate both values of the relative volume ratio: current volume:past volume .
The two calculations modes are:
1 — Cumulate from Beginning of TF to Current Bar where:
current volume = the cumulative volume since the beginning of the timeframe unit, and
past volume = the mean of volume during that same relative period of time in the past n timeframe units.
2 — Point-to-Point Bars at Same Offset from Beginning of TF where:
current volume = the volume on a single chart bar, and
past volume = the mean of volume values from that same relative bar in time from the past n timeframe units.
Timeframe units
Timeframe units can be defined in three different ways:
1 — Using Auto-steps, where the timeframe unit automatically adjusts to the timeframe used on the chart:
— A 1 min timeframe unit will be used on 1sec charts,
— 1H will be used for charts at 1min and less,
— 1D will be used for other intraday chart timeframes,
— 1W will be used for 1D charts,
— 1M will be used for charts at less than 1M,
— 1Y will be used for charts at greater or equal than 1M.
2 — As a fixed timeframe that you define.
3 — By time of day (for intraday chart timeframes only), which you also define. If you use non-intraday chart timeframes in this mode, the indicator will switch to Auto-steps.
Relative Relativity
A relative volume value of 1.0 indicates that current volume is equal to the mean of past volume , but how can we determine what constitutes a high relative volume value?
The traditional way is to settle for an arbitrary threshold, with 2.0 often used to indicate that relative volume is worthy of attention.
We wanted to provide traders with a contextual method of calculating threshold values, so in addition to the conventional fixed threshold value,
this indicator includes two methods of calculating a threshold channel on past relative volume values:
1 — Using the standard deviation of relative volume over a fixed lookback.
2 — Using the highs/lows of relative volume over a variable lookback.
Channels calculated on relative volume provide meta-relativity, if you will, as they are relative values of relative volume.
█ FEATURES
Controls in the "Display" section of inputs determine what is visible in the indicator's pane. The next "Settings" section is where you configure the parameters used in the calculations. The "Column Coloring Conditions" section controls the color of the columns, which you will see in three of the five display modes available. Whether columns are plotted or not, the coloring conditions also determine when markers appear, if you have chosen to show the markers in the "Display" section. The presence of markers is what triggers the alerts configured on this indicator. Finally, the "Colors" section of inputs allows you to control the color of the indicator's visual components.
Display
Five display modes are available:
• Current Volume Columns : shows columns of current volume , with past volume displayed as an outlined column.
• Relative Volume Columns : shows relative volume as a column.
• Relative Volume Columns With Average : shows relative volume as a column, with the average of relative volume.
• Directional Relative Volume Average : shows a line calculated using the average of +/- values of relative volume.
The positive value of relative volume is used on up bars; its negative value on down bars.
• Relative Volume Average : shows the average of relative volume.
A Hull moving average is used to calculate the average used in the three last display modes.
You can also control the display of:
• The value or relative volume, when in the first three display modes. Only the last 500 values will be shown.
• Timeframe transitions, shown in the background.
• A reminder of the active timeframe unit, which appears to the right of the indicator's last bar.
• The threshold used, which can be a fixed value or a channel, as determined in the next "Settings" section of inputs.
• Up/Down markers, which appear on transitions of the color of the volume columns (determined by coloring conditions), which in turn control when alerts are triggered.
• Conditions of high volatility.
Settings
Use this section of inputs to change:
• Calculation mode : this is where you select one of this indicator's two calculation modes for current volume and past volume , as explained in the "Concepts" section.
• Past Volume Lookback in TF units : the quantity of timeframe units used in the calculation of past volume .
• Define Timeframes Units Using : the mode used to determine what one timeframe unit is. Note that when using a fixed timeframe, it must be higher than the chart's timeframe.
Also, note that time of day timeframe units only work on intraday chart timeframes.
• Threshold Mode : Five different modes can be selected:
— Fixed Value : You can define the value using the "Fixed Threshold" field below. The default value is 2.0.
— Standard Deviation Channel From Fixed Lookback : This is a channel calculated using the simple moving average of relative volume
(so not the Hull moving average used elsewhere in the indicator), plus/minus the standard deviation multiplied by a user-defined factor.
The lookback used is the value of the "Channel Lookback" field. Its default is 100.
— High/Low Channel From Beginning of TF : in this mode, the High/Low values reset at the beginning of each timeframe unit.
— High/Low Channel From Beginning of Past Volume Lookback : in this mode, the High/Low values start from the farthest point back where we are calculating past volume ,
which is determined by the combination of timeframe units and the "Past Volume Lookback in TF units" value.
— High/Low Channel From Fixed Lookback : In this mode the lookback is fixed. You can define the value using the "Channel Lookback" field. The default value is 100.
• Period of RelVol Moving Average : the period of the Hull moving average used in the "Directional Relative Volume Average" and the "Relative Volume Average".
• High Volatility is defined using fast and slow ATR periods, so this represents the volatility of price.
Volatility is considered to be high when the fast ATR value is greater than its slow value. Volatility can be used as a filter in the column coloring conditions.
Column Coloring Conditions
• Eight different conditions can be turned on or off to determine the color of the volume columns. All "ON" conditions must be met to determine a high/low state of relative volume,
or, in the case of directional relative volume, a bull/bear state.
• A volatility state can also be used to filter the conditions.
• When the coloring conditions and the filter do not allow for a high/low state to be determined, the neutral color is used.
• Transitions of the color of the volume columns determined by coloring conditions are used to plot the up/down markers, which in turn control when alerts are triggered.
Colors
• You can define your own colors for all of the oscillator's plots.
• The default colors will perform well on light or dark chart backgrounds.
Alerts
• An alert can be defined for the script. The alert will trigger whenever an up/down marker appears in the indicator's display.
The particular combination of coloring conditions and the display settings for up/down markers when you create the alert will determine which conditions trigger the alert.
After alerts are created, subsequent changes to the conditions controlling the display of markers will not affect existing alerts.
• By configuring the script's inputs in different ways before you create your alerts, you can create multiple, functionally distinct alerts from this script.
When creating multiple alerts, it is useful to include in the alert's message a reminder of the particular conditions you used for each alert.
• As is usually the case, alerts triggering "Once Per Bar Close" will prevent repainting.
Error messages
Error messages will appear at the end of the chart upon the following conditions:
• When the combination of the timeframe units used and the "Past Volume Lookback in TF units" value create a lookback that is greater than 5000 bars.
The lookback will then be recalculated to a value such that a runtime error does not occur.
• If the chart's timeframe is higher than the timeframe units. This error cannot occur when using Auto-steps to calculate timeframe units.
• If relative volume cannot be calculated, for example, when no volume data is available for the chart's symbol.
• When the threshold of relative volume is configured to be visible but the indicator's scale does not allow it to be visible (in "Current Volume Columns" display mode).
█ NOTES
For traders
The chart shown here uses the following display modes: "Current Volume Columns", "Relative Volume Columns With Average", "Directional Relative Volume Average" and "Relative Volume Average". The last one also shows the threshold channel in standard deviation mode, and the TF Unit reminder to the right, in red.
Volume, like price, is a value with a market-dependent scale. The only valid reference for volume being its past values, any improvement in the way past volume is calculated thus represents a potential opportunity to traders. Relative volume calculated as it is here can help traders extract useful information from markets in many circumstances, markets with cyclical volume such as Forex being one, obvious case. The relative nature of the values calculated by this indicator also make it a natural fit for cross-market and cross-sector analysis, or to identify behavioral changes in the different futures contracts of the same market. Relative volume can also be put to more exotic uses, such as in evaluating changes in the popularity of exchanges.
Relative volume alone has no directional bias. While higher relative volume values always indicate higher trading activity, that activity does not necessarily translate into significant price movement. In a tightly fought battle between buyers and sellers, you could theoretically have very large volume for many bars, with no change whatsoever in bid/ask prices. This of course, is unlikely to happen in reality, and so traders are justified in considering high relative volume values as indicating periods where more attention is required, because imbalances in the strength of buying/selling power during high-volume trading periods can amplify price variations, providing traders with the generally useful gift of volatility.
Be sure to give the "Directional Relative Volume Average" a try. Contrary to the always-positive ratio widely used in this indicator, the "Directional Relative Volume Average" produces a value able to determine a bullish/bearish bias for relative volume.
Note that realtime bars must be complete for the relative volume value to be confirmed. Values calculated on historical or elapsed realtime bars will not recalculate unless historical volume data changes.
Finally, as with all indicators using volume information, keep in mind that some exchanges/brokers supply different feeds for intraday and daily data, and the volume data on both feeds can sometimes vary quite a bit.
For coders
Our script was written using the PineCoders Coding Conventions for Pine .
The description was formatted using the techniques explained in the How We Write and Format Script Descriptions PineCoders publication.
Bits and pieces of code were lifted from the MTF Selection Framework and the MTF Oscillator Framework , also by PineCoders.
█ THANKS
Thanks to dgtrd for suggesting to add the channel using standard deviation.
Thanks to adolgov for helpful suggestions on calculations and visuals.
Look first. Then leap.
Efficient Work [LucF]█ OVERVIEW
Efficient Work measures the ratio of price movement from close to close ( resulting work ) over the distance traveled to the high and low before settling down at the close ( total work ). The closer the two values are, the more Efficient Work approaches its maximum value of +1 for an up move or -1 for a down move. When price does not change, Efficient Work is zero.
Higher values of Efficient Work indicate more efficient price travel between the close of two successive bars, which I interpret to be more significant, regardless of the move's amplitude. Because it measures the direction and strength of price changes rather than their amplitude, Efficient Work may be thought of as a sentiment indicator.
█ CONCEPTS
This oscillator's design stems from a few key concepts.
Relative Levels
Other than the centerline, relative rather than absolute levels are used to identify levels of interest. Accordingly, no fixed levels correspond to overbought/oversold conditions. Relative levels of interest are identified using:
• A Donchian channel (historical highs/lows).
• The oscillator's position relative to higher timeframe values.
• Oscillator levels following points in time where a divergence is identified.
Higher timeframes
Two progressively higher timeframes are used to calculate larger-context values for the oscillator. The rationale underlying the use of timeframes higher than the chart's is that, while they change less frequently than the values calculated at the chart's resolution, they are more meaningful because more work (trader activity) is required to calculate them. Combining the immediacy of values calculated at the chart's resolution to higher timeframe values achieves a compromise between responsiveness and reliability.
Divergences as points of interest rather than directional clues
A very simple interpretation of what constitutes a divergence is used. A divergence is defined as a discrepancy between any bar's direction and the direction of the signal line on that same bar. No attempt is made to attribute a directional bias to divergences when they occur. Instead, the oscillator's level is saved and subsequent movement of the oscillator relative to the saved level is what determines the bullish/bearish state of the oscillator.
Conservative coloring scheme
Several additive coloring conditions allow the bull/bear coloring of the oscillator's main line to be restricted to specific areas meeting all the selected conditions. The concept is built on the premise that most of the time, an oscillator's value should be viewed as mere noise, and that somewhat like price, it only occasionally conveys actionable information.
█ FEATURES
Plots
• Three lines can be plotted. They are named Main line , Line 2 and Line 3 . You decide which calculation to use for each line:
• The oscillator's value at the chart's resolution.
• The oscillator's value at a medium timeframe higher than the chart's resolution.
• The oscillator's value at the highest timeframe.
• An aggregate line calculated using a weighed average of the three previous lines (see the Aggregate Weights section of Inputs to configure the weights).
• The coloring conditions, divergence levels and the Hi/Lo channel always apply to the Main line, whichever calculation you decide to use for it.
• The color of lines 2 and 3 are fixed but can be set in the "Colors" section of Inputs.
• You can change the thickness of each line.
• When the aggregate line is displayed, higher timeframe values are only used in its calculation when they become available in the chart's history,
otherwise the aggregate line would appear much later on the chart. To indicate when each higher timeframe value becomes available,
a small label appears near the centerline.
• Divergences can be shown as small dots on the centerline.
• Divergence levels can be shown. The level and fill are determined by the oscillator's position relative to the last saved divergence level.
• Bull/bear markers can be displayed. They occur whenever a new bull/bear state is determined by the "Main Line Coloring Conditions".
• The Hi/Lo (Donchian) channel can be displayed, and its period defined.
• The background can display the state of any one of 11 different conditions.
• The resolutions used for the higher timeframes can be displayed to the right of the last bar's value.
• Four key values are always displayed in the Data Window (fourth icon down to the right of your chart):
oscillator values for the chart, medium and highest timeframes, and the oscillator's instant value before it is averaged.
Main Line Coloring Conditions
• Nine different conditions can be selected to determine the bull/bear coloring of the main line. All conditions set to "ON" must be met to determine the bull/bear state.
• A volatility state can also be used to filter the conditions.
• When the coloring conditions and the filter do not allow for a bull/bear state to be determined, the neutral color is used.
Signal
• Seven different averages can be used to calculate the average of the oscillator's value.
• The average's period can be set. A period of one will show the instant value of the oscillator,
provided you don't use linear regression or the Hull MA as they do not work with a period of one.
• An external signal can be used as the oscillator's instant value. If an already averaged external value is used, set the period to one in this indicator.
• For the cases where an external signal is used, a centerline value can be set.
Higher Timeframes
• The two higher timeframes are named Medium timeframe and Highest timeframe . They can be determined using one of three methods:
• Auto-steps: the higher timeframes are determined using the chart's resolution. If the chart uses a seconds resolution, for example,
the medium and highest resolutions will be 15 and 60 minutes.
• Multiples: the timeframes are calculated using a multiple of the chart's resolution, which you can set.
• Fixed: the set timeframes do not change with the chart's resolution.
Repainting
• Repainting can be controlled separately for the chart's value and the higher timeframe values.
• The default is a repainting chart value and non-repainting higher timeframe values. The Aggregate line will thus repaint by default,
as it uses the chart's value along with the higher timeframes values.
Aggregate Weights
• The weight of each component of the Aggregate line can be set.
• The default is equal weights for the three components, meaning that the chart's value accounts for one third of the weight in the Aggregate.
High Volatility
• This provides control over the volatility filter used in the Main line's coloring conditions and the background display.
• Volatility is determined to be high when the short-term ATR is greater than the long-term ATR.
Colors
• You can define your own colors for all of the oscillator's plots.
• The default colors will perform well on both white and black chart backgrounds.
Alerts
• An alert can be defined for the script. The alert will trigger whenever a bull/bear marker appears in the indicator's display.
The particular combination of coloring conditions and the display of bull/bear markers when you create the alert will thus determine when the alert triggers.
Once the alerts are created, subsequent changes to the conditions controlling the display of markers will not affect the existing alert(s).
• You can create multiple alerts from this script, each triggering on different conditions.
Backtesting & Trading Engine Signal Line
• An invisible plot named "BTE Signal" is provided. It can be used as an entry signal when connected to the PineCoders Backtesting & Trading Engine as an external input.
It will generate an entry whenever a marker is displayed.
█ NOTES
• I do not know for sure if the calculations in Efficient Work are original. I apologize if they are not.
• Because this version of Efficient Work only has access to OHLC information, it cannot measure the total distance traveled through all of a bar's ticks, but the indicator nonetheless behaves in a manner consistent with the intentions underlying its design.
For Pine coders
This code was written using the following standards:
• The PineCoders Coding Conventions for Pine .
• A modified version of the PineCoders MTF Oscillator Framework and MTF Selection Framework .
Time ChangesThis is very cool and simple script
I just play around with non security MTF and this is the end result:)
buy period is lime, sell period is red
since it based on the changes of the MTF by time it give us very nice signal of bullish or bearish period
since no security is here so no repaint fear..
if you use 1 hour candle choose either daily (better for crypto ) or weekly MTF (better for stocks ) or even higher
if you use lower TF then try to see which MTF is best suited for it
simple and nice I think :)
here on tesla
facebook
boeing
nifty
forex
etc
DEMARSIThis is little tricky indicator but you need to understand how its work in order to make it easy to understand
The black line is DEMA RSI hybrid which is made on the MTF length that is not repainting.
The green and red zones are also DEMA RSI that is calculated in different way (the cross between the fast and the slow moving create the color change and the signal.
you can buy or sell using the signals shown (no alerts given) but it easy to add. the since the first MTF DEMA RSI is slower the the other ones we can use it as base . so lets say you enter in green and the second DEMA is still above the black line the trend is still forward and even if you get sell signal you still can hold the coin as it expected to rise further . on the other hand once you get sell signal in red and its fall down bellow black line then it the true end of the buy period. you need to find best condition for your purpose which mean to play with setting (here I put 240 MTF over rsiDEma kegth 21) , other options can be better (did not test it).
here without the cross signals of dema rsi 2
here with MTF 120
Stacey Burke Signal Day LTE“Previously published as ‘Day Zero Fakeout Detector MTF’”
Stacey Burke Signal Day LTE
Automatic detection of Day Zero, Inside Days, and Outside Days for Stacey Burke’s intraday playbook
🔎 Stacey Burke’s Signal Days
This indicator highlights the key daily patterns that often lead to high-probability intraday setups in Stacey Burke’s methodology:
1️⃣ Day Zero
The reset days within a 3-day cycle (e.g. breakout → continuation → exhaustion/reversal).
Can mark the beginning of a new directional phase.
Trades back inside the prior range after a Peak Formation High (PFH) or Peak Formation Low (PFL).
Bias: Look for measured parabolic session moves. When combined with trend following indicators, these signal days can be very powerful.
2️⃣ Inside Day
A day where the entire range is contained within the prior day’s range.
Signals consolidation and energy build-up.
Often leads to explosive breakouts in the next session.
Bias: Trade breakouts of the inside day’s high/low or breakout reversal in the session at key timings in the direction of higher timeframe bias. When combined with trend following indicators, these signal days can be very powerful.
3️⃣ Outside Day (Engulfing Day)
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A day where the range is larger than the prior day’s range, engulfing both high and low.
Marks trapped traders and fakeouts on both sides.
Often precedes strong continuations or sharp reversals from outside of the ranges.
Bias: Align trades with the true continuation move. When combined with trend following indicators, these signal days can be very powerful.
📌 How They Work Together
Day Zero → Signals the new cycle after PFH/PFL.
Inside Day → Signals compression → expect breakout setups.
Outside Day → Signals exhaustion/fakeouts → expect reversals or continuations.
Together, they give traders a clear daily roadmap for where liquidity sits and when to expect the highest-probability setups.
✅ Example in Practice
Market rallies for 3 days → PFH forms → Day Zero short bias.
Next day prints an Inside Day → watch for breakout continuation short, and breakout reversals.
Later, an Outside Day traps both longs and shorts → the following session offers a clean intraday reversal or continuation trade in line with the underlying MTF trend/bias.
⚙️ Features of This Indicator
Automatic detection of Day Zero, Inside Days, and Outside Days
Multi-Timeframe (MTF) support for cycle alignment
Visual markers for PFH/PFL and consolidation zones
Measured move projections for breakout targets
👉 Stacey Burke Signal Day LTE gives traders just a few of the most important signal days — Day Zero, Inside Day, and Outside Day — to structure their intraday trades around fake outs, breakouts, and reversals within the daily cycles of the week. (This is work in progress: Next up, FRD/FGD's, 3-day cycle detecting, 3DLs, 3DSs).
Adaptive Rolling Quantile Bands [CHE] Adaptive Rolling Quantile Bands
Part 1 — Mathematics and Algorithmic Design
Purpose. The indicator estimates distribution‐aware price levels from a rolling window and turns them into dynamic “buy” and “sell” bands. It can work on raw price or on *residuals* around a baseline to better isolate deviations from trend. Optionally, the percentile parameter $q$ adapts to volatility via ATR so the bands widen in turbulent regimes and tighten in calm ones. A compact, latched state machine converts these statistical levels into high-quality discretionary signals.
Data pipeline.
1. Choose a source (default `close`; MTF optional via `request.security`).
2. Optionally compute a baseline (`SMA` or `EMA`) of length $L$.
3. Build the *working series*: raw price if residual mode is off; otherwise price minus baseline (if a baseline exists).
4. Maintain a FIFO buffer of the last $N$ values (window length). All quantiles are computed on this buffer.
5. Map the resulting levels back to price space if residual mode is on (i.e., add back the baseline).
6. Smooth levels with a short EMA for readability.
Rolling quantiles.
Given the buffer $X_{t-N+1..t}$ and a percentile $q\in $, the indicator sorts a copy of the buffer ascending and linearly interpolates between adjacent ranks to estimate:
* Buy band $\approx Q(q)$
* Sell band $\approx Q(1-q)$
* Median $Q(0.5)$, plus optional deciles $Q(0.10)$ and $Q(0.90)$
Quantiles are robust to outliers relative to means. The estimator uses only data up to the current bar’s value in the buffer; there is no look-ahead.
Residual transform (optional).
In residual mode, quantiles are computed on $X^{res}_t = \text{price}_t - \text{baseline}_t$. This centers the distribution and often yields more stationary tails. After computing $Q(\cdot)$ on residuals, levels are transformed back to price space by adding the baseline. If `Baseline = None`, residual mode simply falls back to raw price.
Volatility-adaptive percentile.
Let $\text{ATR}_{14}(t)$ be current ATR and $\overline{\text{ATR}}_{100}(t)$ its long SMA. Define a volatility ratio $r = \text{ATR}_{14}/\overline{\text{ATR}}_{100}$. The effective quantile is:
Smoothing.
Each level is optionally smoothed by an EMA of length $k$ for cleaner visuals. This smoothing does not change the underlying quantile logic; it only stabilizes plots and signals.
Latched state machines.
Two three-step processes convert levels into “latched” signals that only fire after confirmation and then reset:
* BUY latch:
(1) HLC3 crosses above the median →
(2) the median is rising →
(3) HLC3 prints above the upper (orange) band → BUY latched.
* SELL latch:
(1) HLC3 crosses below the median →
(2) the median is falling →
(3) HLC3 prints below the lower (teal) band → SELL latched.
Labels are drawn on the latch bar, with a FIFO cap to limit clutter. Alerts are available for both the simple band interactions and the latched events. Use “Once per bar close” to avoid intrabar churn.
MTF behavior and repainting.
MTF sourcing uses `lookahead_off`. Quantiles and baselines are computed from completed data only; however, any *intrabar* cross conditions naturally stabilize at close. As with all real-time indicators, values can update during a live bar; prefer bar-close alerts for reliability.
Complexity and parameters.
Each bar sorts a copy of the $N$-length window (practical $N$ values keep this inexpensive). Typical choices: $N=50$–$100$, $q_0=0.15$–$0.25$, $k=2$–$5$, baseline length $L=20$ (if used), adaptation strength $s=0.2$–$0.7$.
Part 2 — Practical Use for Discretionary/Active Traders
What the bands mean in practice.
The teal “buy” band marks the lower tail of the recent distribution; the orange “sell” band marks the upper tail. The median is your dynamic equilibrium. In residual mode, these tails are deviations around trend; in raw mode they are absolute price percentiles. When ATR adaptation is on, tails breathe with regime shifts.
Two core playbooks.
1. Mean-reversion around a stable median.
* Context: The median is flat or gently sloped; band width is relatively tight; instrument is ranging.
* Entry (long): Look for price to probe or close below the buy band and then reclaim it, especially after HLC3 recrosses the median and the median turns up.
* Stops: Place beyond the most recent swing low or $1.0–1.5\times$ ATR(14) below entry.
* Targets: First scale at the median; optional second scale near the opposite band. Trail with the median or an ATR stop.
* Symmetry: Mirror the rules for shorts near the sell band when the median is flat to down.
2. Continuation with latched confirmations.
* Context: A developing trend where you want fewer but cleaner signals.
* Entry (long): Take the latched BUY (3-step confirmation) on close, or on the next bar if you require bar-close validation.
* Invalidation: A close back below the median (or below the lower band in strong trends) negates momentum.
* Exits: Trail under the median for conservative exits or under the teal band for trend-following exits. Consider scaling at structure (prior swing highs) or at a fixed $R$ multiple.
Parameter guidance by timeframe.
* Scalping / LTF (1–5m): $N=30$–$60$, $q_0=0.20$, $k=2$–3, residual mode on, baseline EMA $L=20$, adaptation $s=0.5$–0.7 to handle micro-vol spikes. Expect more signals; rely on latched logic to filter noise.
* Intraday swing (15–60m): $N=60$–$100$, $q_0=0.15$–0.20, $k=3$–4. Residual mode helps but is optional if the instrument trends cleanly. $s=0.3$–0.6.
* Swing / HTF (4H–D): $N=80$–$150$, $q_0=0.10$–0.18, $k=3$–5. Consider `SMA` baseline for smoother residuals and moderate adaptation $s=0.2$–0.4.
Baseline choice.
Use EMA for responsiveness (fast trend shifts) and SMA for stability (smoother residuals). Turning residual mode on is advantageous when price exhibits persistent drift; turning it off is useful when you explicitly want absolute bands.
How to time entries.
Prefer bar-close validation for both band recaptures and latched signals. If you must act intrabar, accept that crosses can “un-cross” before close; compensate with tighter stops or reduced size.
Risk management.
Position size to a fixed fractional risk per trade (e.g., 0.5–1.0% of equity). Define invalidation using structure (swing points) plus ATR. Avoid chasing when distance to the opposite band is small; reward-to-risk degrades rapidly once you are deep inside the distribution.
Combos and filters.
* Pair with a higher-timeframe median slope as a regime filter (trade only in the direction of the HTF median).
* Use band width relative to ATR as a range/trend gauge: unusually narrow bands suggest compression (mean-reversion bias); expanding bands suggest breakout potential (favor latched continuation).
* Volume or session filters (e.g., avoid illiquid hours) can materially improve execution.
Alerts for discretion.
Enable “Cross above Buy Level” / “Cross below Sell Level” for early notices and “Latched BUY/SELL” for conviction entries. Set alerts to “Once per bar close” to avoid noise.
Common pitfalls.
Do not interpret band touches as automatic signals; context matters. A strong trend will often ride the far band (“band walking”) and punish counter-trend fades—use the median slope and latched logic to separate trend from range. Do not oversmooth levels; you will lag breaks. Do not set $q$ too small or too large; extremes reduce statistical meaning and practical distance for stops.
A concise checklist.
1. Is the median flat (range) or sloped (trend)?
2. Is band width expanding or contracting vs ATR?
3. Are we near the tail level aligned with the intended trade?
4. For continuation: did the 3 steps for a latched signal complete?
5. Do stops and targets produce acceptable $R$ (≥1.5–2.0)?
6. Are you trading during liquid hours for the instrument?
Summary. ARQB provides statistically grounded, regime-aware bands and a disciplined, latched confirmation engine. Use the bands as objective context, the median as your equilibrium line, ATR adaptation to stay calibrated across regimes, and the latched logic to time higher-quality discretionary entries.
Disclaimer
No indicator guarantees profits. Adaptive Rolling Quantile Bands is a decision aid; always combine with solid risk management and your own judgment. Backtest, forward test, and size responsibly.
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Enhance your trading precision and confidence 🚀
Best regards
Chervolino
Kootch EMA MapKootch EMA overlays the 200 EMA from M1, M5, M15, M30, H1, H4, and D1 on any chart so you always see where higher and lower-timeframe trend gravity actually is. It also builds an optional Fib channel between the most extreme MTF 200 EMAs (min/max), giving you clean intrachannel targets and confluence zones.
What it does
• Plots seven 200 EMAs (M1 → D1) simultaneously via MTF pulls
• Color/weight hierarchy: thicker lines = higher timeframe (clear priority)
• Right-edge TF tags (M1, M5, … D1) so you know exactly what you’re looking at
• Optional Fib levels between min/max MTF 200 EMAs (0 → 1 band) for entries, adds, and take-profit scaling
Why traders use it
• Immediate read on trend alignment vs. chop across timeframes
• Mean-reversion & continuation cues when price stretches from/returns to key EMAs
• Level stacking: use M30/H1/H4/D1 as bias, trade entries around lower-TF reactions
Inputs
• EMA Length (default 200)
• Label offset (push tags off the last bar)
• Show Fib channel toggle + color control
How I use it
• Bias from D1/H4/H1; execution from M5/M15.
• Fade or follow at Fib 0.382 / 0.618 inside the EMA envelope; scale out near Fib 1.0 into HTF EMAs.
• Skip trades when EMAs are braided and distances are compressed.
Notes
• Works on any symbol/timeframe; all TF EMAs are requested explicitly.
• This is a map, not a crystal ball: combine with your playbook (structure breaks, FVGs, liquidity, volume).
The Kyber Cell's – TTM Squeeze ProThe Kyber Cell’s TTM Squeeze Pro
TTM Squeeze + ALMA + VWAP for Precision Trade Timing
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1. Introduction
Kyber Cell’s Squeeze Pro is a comprehensive, all-in-one overlay indicator built on top of John Carter’s famous TTM Squeeze concept. It integrates advanced momentum and trend analysis using Arnaud Legoux Moving Averages (ALMA), a scroll-aware VWAP with optional deviation bands, and a clean, user-friendly visual system. The goal is simple: give traders a clear and configurable chart that identifies price compression, detects release moments, confirms direction, and helps manage risk and reward visually and effectively.
This tool is intended for traders of all styles — scalpers, swing traders, or intraday strategists — looking for cleaner signals, better visual cues, and more confidence in entry/exit timing.
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2. Core Concepts
At its heart, the Squeeze Pro builds an in-chart visualization of the TTM Squeeze, a strategy that identifies when price volatility compresses inside a Bollinger Band that is narrower than a Keltner Channel. These moments often precede explosive breakouts. This version categorizes squeezes into three levels of compression:
• Blue Dot – Low Compression
• Orange Dot – Medium Compression
• Red Dot – High Compression
When the squeeze “fires” (i.e., the Bollinger Bands expand beyond all Keltner thresholds), the indicator flips to a Green Dot, signaling potential entry if confirmed by trend direction.
The indicator also includes a momentum model using linear regression on smoothed price deviation to determine directional bias. Momentum is further reinforced by a customizable trend engine, allowing you to switch between EMA-21 or HMA 34/144 logic.
An ALMA ribbon is plotted across the chart to represent smoothed trend strength with minimal lag, and a scroll-aware VWAP (Volume-Weighted Average Price) line, optionally with ±σ bands, helps confirm mean-reversion or momentum continuation setups.
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3. Visual Components
Squeeze Pro replaces the traditional histogram with bar coloring logic based on your selected overlay mode:
• Momentum Mode colors bars based on whether momentum is rising or falling and in which direction (aqua/blue for bullish, red/yellow for bearish).
• Trend Mode colors bars using EMA or HMA logic to identify whether price is in a bullish, bearish, or neutral trend state.
A colored backdrop is triggered when a squeeze fires and momentum direction is confirmed. It remains green for bullish runs and red for bearish runs. The background disappears when the trend exhausts or reverses.
Each squeeze level (low, medium, high) is plotted as tiny dots above or below candles, with configurable colors. On the exact bar where the squeeze fires, the indicator optionally plots entry markers — either arrows or triangles — which can be placed with adjustable padding using ATR. These provide an at-a-glance signal of possible long or short entries.
EXPERIMENTAL : For risk and reward management, protective stop lines and limit targets can be toggled on. Stops are calculated using either recent swing highs/lows or a fixed ATR multiple, depending on user preference. Limit targets are calculated from entry price using ATR-based projections.
All colors are customizable.
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4. Multi-Timeframe Squeeze Panel
An optional MTF Squeeze Panel appears in the top-right corner of the chart, displaying the squeeze status across multiple timeframes — from 1-minute to Monthly. Each timeframe is color-coded:
• Red for High Compression
• Orange for Medium Compression
• Blue for Low Compression
• Yellow for Open/No Compression
This provides rapid context for whether multiple timeframes are simultaneously compressing (a common precursor to explosive moves), helping traders align higher- and lower-timeframe signals. Colors are customizable.
The MTF panel dynamically adjusts to chart space and only renders the selected intervals for clarity and performance.
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5. Inputs and Configuration Options
Squeeze Pro offers a rich configuration suite:
• Squeeze Settings: Control the Bollinger Band standard deviation, and three separate Keltner Channel multipliers (for low, medium, and high compression zones).
• ALMA Controls: Adjust the smoothing length, offset, and σ factor to control ribbon sensitivity.
• VWAP Options: Toggle VWAP on/off and optionally show ±σ bands for mean reversion signals.
• Entry Markers: Customize marker shape (arrow or triangle), size (tiny to huge), color, and padding using ATR multipliers.
• Stops and Targets:
• Choose between Swing High/Low or ATR-based stop logic.
• Define separate ATR lengths and multipliers for stops and targets.
• Independently toggle their visibility and color.
• Bar Coloring Mode: Select either Momentum or Trend logic for bar overlays.
• Trend Engine: Choose between EMA-21 or HMA 34/144 for identifying trend direction.
• Squeeze Dot Colors: Customize the colors for each compression level and release state.
• MTF Panel: Toggle visibility per timeframe — from 1m to Monthly.
This high degree of customization ensures that the indicator can adapt to nearly any trading style or preference.
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6. Trade Workflow Suggestions
To get the most out of this tool, traders can follow a consistent workflow:
1. Watch Dot Progression: Blue → Orange → Red indicates increasing compression and likelihood of breakout.
2. Enter on Green Dot: When the squeeze fires (green dot), confirm entry direction with bar color and backdrop.
3. Use Confirmation Tools:
• ALMA should slope in the trade direction.
• VWAP should support the price move or confirm expansion away from mean.
4. Manage Risk and Reward (experimental):
• Respect stop-loss placements (Swing/ATR).
• Use ATR-based limit targets if enabled.
5. Exit:
• Consider exiting when momentum crosses zero.
• Or exit when the background color disappears, signaling potential trend exhaustion.
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7. Alerts
Includes built-in alert conditions to notify you when a squeeze fires in either direction:
• “Squeeze Long”: Triggers when a green dot appears and momentum is bullish.
• “Squeeze Short”: Triggers when a green dot appears and momentum is bearish.
You can use these alerts for automation or to stay notified of new setups even when away from the screen.
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8. Disclaimer
This indicator is designed for educational purposes only and should not be interpreted as financial advice. Trading is inherently risky, and any decisions based on this tool should be made with full awareness of personal risk tolerance and capital exposure.
Apex Edge – Super RSIThe Apex Edge – Super RSI is not your average RSI. This is an institutional-grade signal engine designed for serious traders who want confluence, control, and confidence — all wrapped into one visual powerhouse.
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KEY FEATURES
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✔ **RSI + Divergence Engine**
• Classic & Hidden Divergences (auto-detected)
• Labelled with shapes:
▲ Green Triangle – Buy Signal (strength-based size)
▼ Red Triangle – Sell Signal
◆ Green Diamond – Classic Bullish Divergence
◆ Red Diamond – Classic Bearish Divergence
● Green Circle – Hidden Bullish Divergence
● Red Circle – Hidden Bearish Divergence
Note - Users can edit symbol colours in settings for better clarity
✔ **Trap Detection System**
• Detects low-move, high-signal clusters (liquidity traps)
• Automatically suppresses signals for X bars after detection
• Trap zones shown with shaded background (optional)
✔ **Signal Scoring Logic**
• Each signal is scored 1–6 based on:
• RSI Threshold Break
• RSI Slope
• Divergence Detected
• Trap Avoidance
• Multi-Timeframe Confluence (optional)
• The plotted shape size reflects the strength of the entry signal
✔ **Multi-Timeframe Confluence (MTF)**
• Optional filter that uses HTF and VHTF RSI alignment
• Prevents countertrend signals
• MTF Bias shown on HUD panel
✔ **Always-On HUD Panel**
• Displays:
• Signal Type
• Signal Score
• Divergence Type
• RSI (LTF & HTF)
• Trap & Cooldown Status
• MTF Bias
• Volatility %
✔ **Alert Ready**
• Buy/Sell alerts
• Trap Detected alert
• Divergence alert with dynamic message
• Perfect for webhook integrations
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📘 HOW TO TRADE IT
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✅ **Buy Setup**
• Green triangle (▲) appears **below bar**
• RSI is oversold and rising
• HTF RSI agrees (optional)
• Signal score is 3+ for best confidence
• Avoid signals during cooldown zone
✅ **Sell Setup**
• Red triangle (▼) appears **above bar**
• RSI is overbought and falling
• HTF RSI agrees (optional)
• Signal score is 3+ for best confidence
✅ **Divergences**
• Use diamonds/circles to identify momentum shifts
• Strongest when aligned with score 4–6
❗**Trap Zones**
• When background is shaded, wait for cooldown
• Signals during traps are suppressed for safety
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📊 BEST USED WITH
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🔹 Apex Edge – Session Sweep Pro (to visualize liquidity levels)
🔹 Volume Profile or OBV (volume-based confirmation)
🔹 EMA Ribbon (for trend alignment)
🔹 Fair Value Gap indicator (smart money models)
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🧠 PRO TIPS
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• Use the HUD for decision confidence — if everything aligns, you’ve got an Apex-grade setup.
• Wait for candle close to confirm divergence-based entries.
• Score 5–6 = sniper entries. Score 1–2 = warning shots.
This indicator can be used alongside Apex Edge Session Sweep Pro for better visual clarity.
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© Apex Edge | All rights reserved.
3 days ago
Release Notes
Update - Added a toggle to show/hide HUD when using on smaller mobile devices so as not to clutter the screen.
