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Enhanced Chande Momentum OscillatorEnhanced Chande Momentum Oscillator (Enh CMO) 📊 Description The Enhanced Chande Momentum Oscillator is an advanced version of the classic Chande Momentum Oscillator with dynamic envelope boundaries that automatically adapt to market volatility. This indicator provides clear visual signals for potential price reversals and momentum shifts. Key Features: Original Chande Momentum Oscillator calculation Dynamic upper and lower boundaries based on statistical analysis Adaptive envelope that adjusts to market volatility Visual fill area between boundaries for easy interpretation Real-time values table with current readings Built-in alert conditions for boundary touches Customizable moving average types (SMA, EMA, WMA) ⚙️ Settings CMO Settings: CMO Length (9): Period for calculating the base Chande Momentum Oscillator Source (close): Price source for calculations Envelope Settings: Envelope Length (20): Lookback period for calculating the moving average and standard deviation Envelope Multiplier (1.5): Multiplier for standard deviation to create upper/lower bounds Moving Average Type (EMA): Type of moving average for envelope calculation 📈 How to Use Visual Elements Lines: White Line: Main Chande Momentum Oscillator Red Line: Upper boundary (resistance level) Green Line: Lower boundary (support level) Yellow Line: Moving average of CMO (trend direction) Purple Fill: Visual envelope between boundaries Reference Lines: Zero Line: Neutral momentum level +50/-50 Lines: Traditional overbought/oversold levels Trading Signals 🔴 Sell/Short Signals CMO touches or crosses above upper boundary → Potential bearish reversal CMO is above +50 and declining → Weakening bullish momentum CMO crosses below yellow MA line while above zero → Momentum shift 🟢 Buy/Long Signals CMO touches or crosses below lower boundary → Potential bullish reversal CMO is below -50 and rising → Weakening bearish momentum CMO crosses above yellow MA line while below zero → Momentum shift ⚡ Advanced Signals Boundary contraction → Decreasing volatility, potential breakout coming Boundary expansion → High volatility period, use wider stops CMO hugging upper boundary → Strong uptrend continuation CMO hugging lower boundary → Strong downtrend continuation 🎯 Trading Strategies Strategy 1: Reversal Trading Wait for CMO to touch extreme boundaries (red or green lines) Look for divergence with price action Enter counter-trend position when CMO starts moving back toward center Set stop beyond the boundary breach point Take profit near zero line or opposite boundary Strategy 2: Momentum Confirmation Use CMO direction to confirm trend Enter positions when CMO crosses above/below yellow MA line Hold positions while CMO remains on the correct side of MA Exit when CMO crosses back through MA line Strategy 3: Volatility Breakout Monitor boundary width (envelope expansion/contraction) When boundaries contract significantly, prepare for breakout Enter in direction of CMO breakout from narrow range Use boundary expansion as confirmation signal ⚠️ Important Notes Best Timeframes Scalping: 1m, 5m charts Day Trading: 15m, 30m, 1H charts Swing Trading: 4H, Daily charts Market Conditions Trending Markets: Focus on momentum confirmation signals Ranging Markets: Focus on boundary reversal signals High Volatility: Increase envelope multiplier (1.8-2.5) Low Volatility: Decrease envelope multiplier (1.0-1.3) Risk Management Always use stop losses beyond boundary levels Reduce position size during boundary expansion periods Combine with price action and support/resistance levels Monitor the real-time table for precise entry/exit levels 🔔 Alerts The indicator includes built-in alert conditions: "CMO Above Upper Bound": Potential reversal down signal "CMO Below Lower Bound": Potential reversal up signal Set these alerts to catch opportunities without constantly monitoring charts. 💡 Tips for Success Combine with other indicators: Use with RSI, MACD, or volume indicators for confirmation Watch for divergences: CMO making new highs/lows while price doesn't follow Use multiple timeframes: Check higher timeframe CMO for overall trend context Adjust settings for different assets: Crypto may need different settings than forex Paper trade first: Test the indicator with your trading style before using real money 🎨 Customization Tips Change colors in the Pine Script to match your chart theme Adjust envelope length for faster (shorter) or slower (longer) signals Modify envelope multiplier based on asset volatility Hide the table if it obstructs your view by commenting out the table section Complete trading solution: Pair with the Optimus Indicator (paid indicator) for multi-timeframe trend analysis and trend signals. Together they create a powerful confluence system for professional trading setups.
Wskaźnik Pine Script®
od Jazzman34
VWAP CloudVWAP Cloud – Dynamic Fair Value Zones with Standard Deviation Envelopes This script combines a Volume-Weighted Average Price (VWAP) baseline with standard deviation envelopes to create a dynamic "VWAP Cloud." The VWAP itself is a widely used fair-value benchmark, showing where trading activity is most concentrated relative to price. By adding volatility-based bands around it, this tool helps traders visualize how far price has moved away from VWAP and whether those deviations may represent normal fluctuations or potential extremes. 🔎 How the Components Work Together VWAP Midline (optional): Provides the session or rolling fair value reference. Inner Cloud (±1 standard deviation by default): Highlights areas where price is oscillating near VWAP. This zone often reflects balanced conditions, where price is neither excessively stretched nor deeply discounted relative to volume-weighted value. Outer Cloud (±2 standard deviations by default): Marks wider volatility extremes. These can be used to study how price reacts to statistically significant deviations from VWAP—whether by consolidating, reverting, or extending trends. Dynamic Coloring: The cloud adjusts color based on VWAP slope. A rising VWAP is shaded green, suggesting positive momentum, while a falling VWAP is shaded red, suggesting negative momentum. Neutral gray highlights the outer envelope to distinguish extreme zones. ⚙️ Inputs & Customization Source: Select the price type for VWAP calculation (default: hlc3). Session Reset: Choose between daily resetting VWAP (common for intraday strategies) or a rolling VWAP (continuous view). Standard Deviation Lookback: Controls the sample window for volatility calculation. Band Multipliers: Adjust the width of inner and outer clouds. Midline Toggle: Show or hide the VWAP midline depending on chart preference. Custom Colors: Configure bullish, bearish, and neutral shading to match your charting style. 📊 How to Use Trend Context: Price trading above VWAP generally suggests bullish conditions, while trading below suggests bearish conditions. Value Zones: The inner cloud helps visualize short-term balance around VWAP. Volatility Extremes: The outer cloud highlights statistically stretched moves that traders may analyze for either continuation or mean-reversion opportunities. Scalping, Day Trading, Swing Trading: The tool adapts to different styles, depending on whether you reset VWAP each session or use the rolling version. ⚠️ Notes This script is for educational purposes only and should be combined with other confluence factors, proper risk management, and a trading plan. It does not generate buy/sell signals on its own. Instead, it provides a framework to study price behavior relative to a dynamic VWAP-based fair value. Please clean your chart of unrelated drawings/indicators before applying, so the plotted clouds and midline remain clear.
Wskaźnik Pine Script®
od Cryptobingbong
Smart Money Concepts with Multi-Layer Price Action Analysis**Trader DrFXGOD** is an institutional-grade trading system that combines Smart Money Concepts (SMC) with advanced price action analysis, trend filtering, and automated risk management. This indicator integrates market structure identification, order flow analysis, and multi-timeframe liquidity detection into a unified framework designed for professional-level market analysis. **Core Innovation & Originality** This system uniquely synthesizes nine distinct analytical methodologies: 1. **Adaptive Supertrend Signal Engine** - Modified Supertrend algorithm with fixed sensitivity optimized for scalping and swing trading 2. **Smart Money Concepts Framework** - Complete SMC implementation including BOS/CHoCH detection, order blocks, and fair value gaps 3. **Cirrus Cloud Filtering** - Dual-layer range filter system (22/6 and custom configurations) for trend identification 4. **ADX Sideways Detection** - Market regime classification using ADX threshold analysis (default 15) 5. **Multi-Timeframe Liquidity Analysis** - Previous period high/low tracking across daily, weekly, and monthly timeframes 6. **Premium/Discount Zone Mapping** - Institutional price level classification for optimal entry positioning 7. **Order Block Detection** - Both internal (5-bar) and swing (50-bar) order block identification with ATR filtering 8. **Fair Value Gap Recognition** - Automatic FVG detection with delta percentage threshold filtering 9. **Equal High/Low Identification** - Algorithmic detection of liquidity pools at equal price levels **System Architecture & Functionality** **Primary Signal Generation:** The core uses a custom Supertrend calculation with direction-based logic: ``` direction = close > upperBand ? -1 : close < lowerBand ? 1 : previous_direction superTrend = direction == -1 ? lowerBand : upperBand ``` Buy signals trigger on bullish crossovers, sell signals on bearish crossunders, with additional SMA confirmation (8/9 period comparison). **Smart Money Concepts Implementation:** **Market Structure Detection:** - **Break of Structure (BOS)**: Continuation pattern when price breaks previous high/low in trend direction - **Change of Character (CHoCH)**: Reversal pattern when price breaks structure against trend - **Internal Structure**: 5-bar swing detection for short-term market shifts - **Swing Structure**: 50-bar swing detection for higher timeframe analysis **Order Block Logic:** The system identifies institutional supply/demand zones using a sophisticated multi-step process: 1. Detects market structure breaks (BOS/CHoCH) 2. Scans backward from break point for low-range candles (filtered by ATR or cumulative mean range) 3. Identifies highest/lowest price within filtered candles 4. Creates zones with automatic invalidation when price penetrates boundaries **Fair Value Gap Detection:** Calculates FVG conditions using multi-timeframe analysis: - **Bullish FVG**: Current low > 2-bar previous high with delta percentage confirmation - **Bearish FVG**: Current high < 2-bar previous low with delta percentage confirmation - **Auto Threshold**: Dynamic sensitivity using cumulative delta percentage divided by bar count **Cirrus Cloud System:** Implements dual-layer range filtering: - **Primary Filter** (22/6): Smoothed range using EMA of absolute price differences - **Secondary Filter** (15/5): Tighter range for precision entries - **Color Fill**: Red cloud for bearish, green cloud for bullish trend indication **Unique Visual Components** **Market Structure Visualization:** - **Dashed Lines**: Internal structure (5-bar swings) - **Solid Lines**: Swing structure (50-bar swings) - **Labels**: BOS/CHoCH text with HH/HL/LH/LL designations - **Strong/Weak High/Low**: Trailing extremes based on current trend **Order Block Boxes:** - **Transparent Fills**: Visual zones showing institutional interest areas - **Auto-Extension**: Boxes extend right until price invalidates - **Color Coding**: Bullish blocks (white/custom), bearish blocks (white/custom) - **Dual Display**: Both internal and swing order blocks simultaneously **Fair Value Gap Zones:** - **Gradient Fills**: Semi-transparent boxes showing price inefficiencies - **Auto-Removal**: Boxes delete when price fills the gap - **Timeframe Selection**: Customizable FVG timeframe analysis **ADX-Based Bar Coloring:** Purple bars indicate ranging markets (ADX < threshold), allowing traders to avoid choppy conditions. **Risk Management Integration** **Automated TP/SL System:** - **Entry Level**: Tracks last signal price with visual label - **Stop Loss**: ATR-based calculation (default 3x ATR over 14 periods) - **Take Profit Levels**: Three targets at 1:1, 2:1, and 3:1 risk/reward ratios - **Visual Lines**: Solid/dashed/dotted line styles for clear level identification - **Dynamic Labels**: Real-time price display with customizable decimal precision (1-8) **Distance-Based Label Positioning:** Labels extend specified bars into the future (default 40) for clean chart presentation without overlap. **Premium/Discount Zone Theory** The system automatically calculates institutional price zones: - **Premium Zone**: Upper 50% of swing range (resistance area) - **Equilibrium**: Middle zone (fair value) - **Discount Zone**: Lower 50% of swing range (support area) This allows traders to identify optimal entry locations based on institutional positioning theory. **Usage Instructions** **Signal Interpretation:** - **🚀 Green Rockets**: Buy signals when Supertrend turns bullish - **🐻 Red Bears**: Sell signals when Supertrend turns bearish - **Signal Strength**: Compare with 8/9 SMA for confirmation **Smart Money Analysis:** 1. **Identify Trend**: Observe BOS patterns for trend continuation 2. **Detect Reversals**: Watch for CHoCH signals indicating trend changes 3. **Entry Zones**: Use order blocks for precise entry timing 4. **Target Areas**: Look for FVG fills and premium/discount zones for targets **Market Structure Application:** - **Strong High/Low**: Current swing extremes indicating trend strength - **HH/HL (Bullish)**: Higher highs and higher lows confirm uptrend - **LH/LL (Bearish)**: Lower highs and lower lows confirm downtrend - **EQH/EQL**: Equal levels mark liquidity pools for potential reversals **Risk Management Strategy:** 1. Enter on Supertrend signal confirmation 2. Place stop loss at calculated ATR-based level 3. Scale out at TP1 (1:1), TP2 (2:1), TP3 (3:1) 4. Adjust position sizing based on ATR volatility **Filter Application:** - **ADX Filter**: Avoid trades when bars are purple (ranging market) - **Cirrus Cloud**: Trade in direction of cloud color - **Order Block Confirmation**: Enter when price tests institutional zones - **FVG Targeting**: Use gaps as profit targets or entry on retest **Advanced Features** **Multi-Timeframe Context:** - **Daily High/Low**: Previous day's range for intraday trading - **Weekly High/Low**: Previous week's levels for swing positioning - **Monthly High/Low**: Previous month's extremes for position trading **Confluence Detection:** Internal structure filtering ensures only high-probability internal breaks are displayed (candle body/wick ratio analysis). **Customization Options:** **Structure Settings:** - Historical vs Present mode (show all vs recent structures only) - Colored vs Monochrome theme - Internal/Swing structure toggle - Label size adjustment (Tiny/Small/Normal) **Order Block Settings:** - Display last 1-10 internal/swing blocks - ATR or Cumulative Mean Range filtering - Custom color schemes **Fair Value Gap Settings:** - Auto threshold or manual sensitivity - Multi-timeframe selection - Extension bar control (0-unlimited) **Alert System** Comprehensive alert conditions for: - Buy/Sell signal generation - Internal/Swing BOS and CHoCH - Order block breakouts (bullish/bearish) - Equal high/low detection - Fair value gap formation **Important Considerations** This system works optimally when multiple components align. Best performance occurs when: - Supertrend signal aligns with market structure (BOS) - Entry occurs at order block or discount/premium zone - ADX indicates trending conditions (not purple bars) - Cirrus Cloud confirms directional bias The indicator combines established SMC principles with proprietary signal generation and filtering logic. Each component serves a specific purpose in the analytical framework, from trend identification to precise entry timing and risk management. **Disclaimer**: This indicator is designed for educational and analytical purposes. Smart Money Concepts represent one theoretical framework for market analysis and should not be considered guaranteed profitable strategies. Past performance does not guarantee future results. Always implement proper risk management, position sizing, and consider multiple confirmation methods before making trading decisions. The complexity of this system requires thorough understanding of each component for optimal utilization.
Wskaźnik Pine Script®
od Heuchache
⚪ Liquidity Spike Marker Description: The Liquidity Spike Marker indicator helps to identify abnormal bursts of liquidity in the market. The logic is based on comparing the product of the volume by the minimum candle price (Volume × Low) with the threshold value set by the user. When the value exceeds the threshold, a white triangle appears under the candle, indicating a possible influx of liquidity. This can help traders pay attention to the key points where large participants may enter the market. Features: Displays a placemark (⚪ white triangle) when the threshold is exceeded. Configurable parameter Volume × Low Threshold. The ability to set an alert for automatic notification. A lightweight and minimalistic tool without unnecessary elements. Note: The indicator is not a trading recommendation. Use it in combination with your own trading system and other analysis methods.
Wskaźnik Pine Script®
od Zdorman
Gabriel's Witcher Strategy [65 Minute Trading Bot]Strategy Description: Gabriel's Witcher Strategy Author: Gabriel Platform: TradingView Pine Script (Version 5) Backtested Asset: Avalanche (Coinbase Brokage for Volume adjustment) Timeframe: 65 Minutes Strategy Type: Comprehensive Trend-Following and Momentum Strategy with Scalping and Risk Management Features Overview Gabriel's Witcher Strategy is an advanced trading bot designed for the Avalanche pair on a 65-minute timeframe. This strategy integrates a multitude of technical indicators to identify and execute high-probability trading opportunities. By combining trend-following, momentum, volume analysis, and range filtering, the strategy aims to capitalize on both long and short market movements. Additionally, it incorporates scalping mechanisms and robust risk management features, including take-profit (TP) levels and commission considerations, to optimize trade performance and profitability. ====Key Components==== Source Selection: Custom Source Flexibility: Allows traders to select from a wide range of price and volume sources (e.g., Close, Open, High, Low, HL2, HLC3, OHLC4, VWAP, On-Balance Volume, etc.) for indicator calculations, enhancing adaptability to various trading styles. Various curves of Volume Analysis are employed: Tick Volume Calculation: Utilizes tick volume as a fallback when actual volume data is unavailable, ensuring consistency across different data feeds. Volume Indicators: Incorporates multiple volume-based indicators such as On-Balance Volume (OBV), Accumulation/Distribution (AccDist), Negative Volume Index (NVI), Positive Volume Index (PVI), and Price Volume Trend (PVT) for comprehensive market analysis. Trend Indicators: ADX (Average Directional Index): Measures trend strength using either the Classic or Masanakamura method, with customizable length and threshold settings. It's used to open positions when the mesured trend is strong, or exit when its weak. Jurik Moving Average (JMA): A smooth moving average that reduces lag, configurable with various parameters including source, resolution, and repainting options. Parabolic SAR: Identifies potential reversals in market trends with adjustable start, increment, and maximum settings. Custom Trend Indicator: Utilizes highest and lowest price points over a specified timeframe to determine current and previous trend bases, visually represented with color-filled areas. Momentum Indicators: Relative Strength Index (RSI): Evaluates the speed and change of price movements, smoothed with a custom length and source. It's used to not enter the market for shorts in oversold or longs for overbought conditions, and to enter for long in oversold or shorts for overboughts. Momentum-Based Calculations: Employs both Double Exponential Moving Averages (DEMA) on a MACD-based RSI to enhance momentum signal accuracy which is then further accelerated by a Hull MA. This is the technical analysis tool that determines bearish or bullish momentum. OBV-Based Momentum Conditions: Uses two exponential moving averages of OBV to determine bullish or bearish momentum shifts, anomalities, breakouts where banks flow their funds in or Smart Money Concepts trade. Moving Averages (MA): Multiple MA Types: Includes Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA), Hull Moving Average (HMA), and Volume-Weighted Moving Average (VWMA), selectable via input parameters. MA Speed Calculation: Measures the percentage change in MA values to determine the direction and speed of the trend. Range Filtering: Variance-Based Filter: Utilizes variance and moving averages to filter out trades during low-volatility periods, enhancing trade quality. Color-Coded Range Indicators: Visualizes range filtering with color changes on the chart for quick assessment. Scalping Mechanism: Heikin-Ashi Candles: Optionally uses Heikin-Ashi candles for smoother price action analysis. EMA-Based Trend Detection: Employs fast, medium, and slow EMAs to determine trend direction and potential entry points. Fractal-Based Filtering: Detects regular or BW (Black & White) fractals to confirm trade signals. Take Profit (TP) Management: Dynamic TP Levels: Calculates TP levels based on the number of consecutive long or short entries, adjusting targets to maximize profits. TP Signals and Re-Entry: Plots TP signals on the chart and allows for automatic re-entry upon TP hit, maintaining continuous trade flow. Risk Management: Commission Integration: Accounts for trading commissions to ensure net profitability. Position Sizing: Configured to use a percentage of equity for each trade, adjustable via input parameters. Pyramiding: Allows up to one additional position per direction to enhance gains during strong trends. Alerts and Visual Indicators: Buy/Sell Signals: Plots visual indicators (triangles and flags) on the chart to signify entry and TP points. Bar Coloring: Changes bar colors based on ADX and trend conditions for immediate visual cues. Price Levels: Marks significant price levels related to TP and position entries with cross styles. Input Parameters Source Settings: Custom Sources (srcinput): Choose from various price and volume sources to tailor indicator calculations. ADX Settings: ADX Type (ADX_options): Select between 'CLASSIC' and 'MASANAKAMURA' methods. ADX Length (ADX_len): Defines the period for ADX calculation. ADX Threshold (th): Sets the minimum ADX value to consider a strong trend. RSI Settings: RSI Length (len_3): Period for RSI calculation. RSI Source (src_3): Source data for RSI. Trend Strength Settings: Channel Length (n1): Period for trend channel calculation. Average Length (n2): Period for smoothing trend strength. Jurik Moving Average (JMA) Settings: JMA Source (inp): Source data for JMA. JMA Resolution (reso): Timeframe for JMA calculation. JMA Repainting (rep): Option to allow JMA to repaint. JMA Length (lengths): Period for JMA. Parabolic SAR Settings: SAR Start (start): Initial acceleration factor. SAR Increment (increment): Acceleration factor increment. SAR Maximum (maximum): Maximum acceleration factor. SAR Point Width (width): Visual width of SAR points. Trend Indicator Settings: Trend Timeframe (timeframe): Period for trend indicator calculations. Momentum Settings: Source Type (srcType): Select between 'Price' and 'VWAP'. Momentum Source (srcPrice): Source data for momentum calculations. RSI Length (rsiLen): Period for momentum RSI. Smooth Length (sLen): Smoothing period for momentum RSI. OBV Settings: OBV Line 1 (e1): EMA period for OBV line 1. OBV Line 2 (e2): EMA period for OBV line 2. Moving Average (MA) Settings: MA Length (length): Period for MA calculations. MA Type (matype): Select MA type (1: SMA, 2: EMA, 3: HMA, 4: WMA, 5: VWMA). Range Filter Settings: Range Filter Length (length0): Period for range filtering. Range Filter Multiplier (mult): Multiplier for range variance. Take Profit (TP) Settings: TP Long (tp_long0): Percentage for long TP. TP Short (tp_short0): Percentage for short TP. Scalping Settings: Scalping Activation (ACT_SCLP): Enable or disable scalping. Scalping Length (HiLoLen): Period for scalping indicators. Fast EMA Length (fastEMAlength): Period for fast EMA in scalping. Medium EMA Length (mediumEMAlength): Period for medium EMA in scalping. Slow EMA Length (slowEMAlength): Period for slow EMA in scalping. Filter (filterBW): Enable or disable additional fractal filtering. Pullback Lookback (Lookback): Number of bars for pullback consideration. Use Heikin-Ashi Candles (UseHAcandles): Option to use Heikin-Ashi candles for smoother trend analysis. Strategy Logic Indicator Calculations: Volume and Source Selection: Determines the primary data source based on user input, ensuring flexibility and adaptability. ADX Calculation: Computes ADX using either the Classic or Masanakamura method to assess trend strength. RSI Calculation: Evaluates market momentum using RSI, further smoothed with custom periods. Trend Strength Assessment: Utilizes trend channel and average lengths to gauge the robustness of current trends. Jurik Moving Average (JMA): Smooths price data to reduce lag and enhance trend detection. Parabolic SAR: Identifies potential trend reversals with adjustable parameters for sensitivity. Momentum Analysis: Combines RSI with DEMA and OBV-based conditions to confirm bullish or bearish momentum. Moving Averages: Employs multiple MA types to determine trend direction and speed. Range Filtering: Filters out low-volatility periods to focus on high-probability trades. Trade Conditions: Long Entry Conditions: ADX Confirmation: ADX must be above the threshold, indicating a strong uptrend. RSI and Momentum: RSI below 70 and positive momentum signals. JMA and SAR: JMA indicates an uptrend, and Parabolic SAR is below the price. Trend Indicator: Confirms the current trend direction. Range Filter: Ensures market is in an upward range. Scalping Option: If enabled, additional scalping conditions must be met. Short Entry Conditions: ADX Confirmation: ADX must be above the threshold, indicating a strong downtrend. RSI and Momentum: RSI above 30 and negative momentum signals. JMA and SAR: JMA indicates a downtrend, and Parabolic SAR is above the price. Trend Indicator: Confirms the current trend direction. Range Filter: Ensures market is in a downward range. Scalping Option: If enabled, additional scalping conditions must be met. Position Management: Entry Execution: Places long or short orders based on the identified conditions and user-selected position types (Longs, Shorts, or Both). Take Profit (TP): Automatically sets TP levels based on predefined percentages, adjusting dynamically with consecutive trades. Re-Entry Mechanism: Allows for automatic re-entry upon TP hit, maintaining active trading positions. Exit Conditions: Closes positions when TP levels are reached or when opposing trend signals are detected. Visual Indicators: Bar Coloring: Highlights bars in green for bullish conditions, red for bearish, and orange for neutral. Plotting Price Levels: Marks significant price levels related to TP and trade entries with cross symbols. Signal Shapes: Displays triangle and flag shapes on the chart to indicate trade entries and TP hits. Alerts: Custom Alerts: Configured to notify traders of long entries, short entries, and TP hits, enabling timely trade management and execution. Usage Instructions Setup: Apply the Strategy: Add the script to your TradingView chart set to BTCUSDT with a 65-minute timeframe. Configure Inputs: Adjust the input parameters under their respective groups (e.g., Source Settings, ADX, RSI, Trend Strength, etc.) to match your trading preferences and risk tolerance. Position Selection: Choose Position Type: Use the Position input to select Longs, Shorts, or Both based on your market outlook. Execution: The strategy will automatically execute and manage positions according to the selected type, ensuring targeted trading actions. Signal Interpretation: Buy Signals: Blue triangles below the bars indicate potential long entry points. Sell Signals: Red triangles above the bars indicate potential short entry points. Take Profit Signals: Flags above or below the bars signify TP hits for long and short positions, respectively. Bar Colors: Green bars suggest bullish conditions, red bars indicate bearish conditions, and orange bars represent neutral or consolidating markets. Risk Management: Default Position Size: Set to 100% of equity. Adjust the default_qty_value as needed for your risk management strategy. Commission: Accounts for a 0.1% commission per trade. Adjust the commission_value to match your broker's fees. Pyramiding: Allows up to one additional position per direction to enhance gains during strong trends. Backtesting and Optimization: Historical Testing: Utilize TradingView's backtesting features to evaluate the strategy's performance over historical data. Parameter Tuning: Optimize input parameters to align the strategy with current market dynamics and personal trading objectives. Alerts Configuration: Set Up Alerts: Enable and configure alerts based on the predefined alertcondition statements to receive real-time notifications of trade signals and TP hits. Additional Features Comprehensive Indicator Integration: Combines multiple technical indicators to provide a holistic view of market conditions, enhancing trade signal accuracy. Scalping Options: Offers an optional scalping mechanism to capitalize on short-term price movements, increasing trading flexibility. Dynamic Take Profit Levels: Adjusts TP targets based on the number of consecutive trades, maximizing profit potential during favorable trends. Advanced Volume Analysis: Utilizes various volume indicators to confirm trend strength and validate trade signals. Customizable Range Filtering: Filters trades based on market volatility, ensuring trades are taken during optimal conditions. Heikin-Ashi Candle Support: Optionally uses Heikin-Ashi candles for smoother price action analysis and reduced noise. ====Recommendations==== Thorough Backtesting: Historical Performance: Before deploying the strategy in a live trading environment, perform comprehensive backtesting to understand its performance under various market conditions. These are the premium settings for Avalanche Coinbase. Optimization: Regularly review and adjust input parameters to ensure the strategy remains effective amidst changing market volatility and trends. Backtest the strategy for each crypto and make sure you are in the right brokage when using the volume sources as it will affect the overall outcome of the trading strategy. Risk Management: Position Sizing: Adjust the default_qty_value to align with your risk tolerance and account size. Stop-Loss Implementation: Although the strategy includes TP levels, they're also consided to be a stop-loss mechanisms to protect against adverse market movements. Commission Adjustment: Ensure the commission_value accurately reflects your broker's fees to maintain realistic backtesting results. Generally, 0.1~0.3% are most of the average broker's comission fees. Slipage: The slip comssion is 1 Tick, since the strategy is adjusted to only enter/exit on bar close where most positions are available. Continuous Monitoring: Strategy Performance: Regularly monitor the strategy's performance to ensure it operates as expected and make adjustments as needed. A max-drawndown hit has been added to operate in case the premium Avalanche settings go wrong, but you can turn it off an adjust the equity percentage to 50% if you are confortable with the high volatile max-drown or even 100% if your account allows you to borrow cash. Customization: Indicator Parameters: Tailor indicator settings (e.g., ADX length, RSI period, MA types) to better fit your specific trading style and market conditions. Scalping Options: Enable or disable scalping based on your trading preferences and risk appetite. Conclusion Gabriel's Witcher Strategy is a robust and versatile trading solution designed to navigate the complexities of the Crypto market. By integrating a wide array of technical indicators and providing extensive customization options, this strategy empowers traders to execute informed and strategic trades. Its comprehensive approach, combining trend analysis, momentum detection, volume evaluation, and range filtering, ensures that trades are taken during optimal market conditions. Additionally, the inclusion of scalping features and dynamic take-profit management enhances the strategy's adaptability and profitability potential. Unlike any trading strategy, with both diligent testing and continuous monitoring under the strategy tester, it's possible to achieve sustained success by adjusting the settings to the individual Crypto that need it, for example this one is preset for Avalanche Coinbase 65 Miinutes but it can be adjust for BTCUSD or Etherium if you backtest and search for the right settings.
Strategia Pine Script®
od GabrielAmadeusLau
Grothendieck-Teichmüller Geometric SynthesisDskyz's Grothendieck-Teichmüller Geometric Synthesis (GTGS) THEORETICAL FOUNDATION: A SYMPHONY OF GEOMETRIES The 🎓 GTGS is built upon a revolutionary premise: that market dynamics can be modeled as geometric and topological structures. While not a literal academic implementation—such a task would demand computational power far beyond current trading platforms—it leverages core ideas from advanced mathematical theories as powerful analogies and frameworks for its algorithms. Each component translates an abstract concept into a practical market calculation, distinguishing GTGS by identifying deeper structural patterns rather than relying on standard statistical measures. 1. Grothendieck-Teichmüller Theory: Deforming Market Structure The Theory : Studies symmetries and deformations of geometric objects, focusing on the "absolute" structure of mathematical spaces. Indicator Analogy : The calculate_grothendieck_field function models price action as a "deformation" from its immediate state. Using the nth root of price ratios (math.pow(price_ratio, 1.0/prime)), it measures market "shape" stretching or compression, revealing underlying tensions and potential shifts. 2. Topos Theory & Sheaf Cohomology: From Local to Global Patterns The Theory : A framework for assembling local properties into a global picture, with cohomology measuring "obstructions" to consistency. Indicator Analogy : The calculate_topos_coherence function uses sine waves (math.sin) to represent local price "sections." Summing these yields a "cohomology" value, quantifying price action consistency. High values indicate coherent trends; low values signal conflict and uncertainty. 3. Tropical Geometry: Simplifying Complexity The Theory : Transforms complex multiplicative problems into simpler, additive, piecewise-linear ones using min(a, b) for addition and a + b for multiplication. Indicator Analogy : The calculate_tropical_metric function applies tropical_add(a, b) => math.min(a, b) to identify the "lowest energy" state among recent price points, pinpointing critical support levels non-linearly. 4. Motivic Cohomology & Non-Commutative Geometry The Theory : Studies deep arithmetic and quantum-like properties of geometric spaces. Indicator Analogy : The motivic_rank and spectral_triple functions compute weighted sums of historical prices to capture market "arithmetic complexity" and "spectral signature." Higher values reflect structured, harmonic price movements. 5. Perfectoid Spaces & Homotopy Type Theory The Theory : Abstract fields dealing with p-adic numbers and logical foundations of mathematics. Indicator Analogy : The perfectoid_conv and type_coherence functions analyze price convergence and path identity, assessing the "fractal dust" of price differences and price path cohesion, adding fractal and logical analysis. The Combination is Key : No single theory dominates. GTGS ’s Unified Field synthesizes all seven perspectives into a comprehensive score, ensuring signals reflect deep structural alignment across mathematical domains. 🎛️ INPUTS: CONFIGURING THE GEOMETRIC ENGINE The GTGS offers a suite of customizable inputs, allowing traders to tailor its behavior to specific timeframes, market sectors, and trading styles. Below is a detailed breakdown of key input groups, their functionality, and optimization strategies, leveraging provided tooltips for precision. Grothendieck-Teichmüller Theory Inputs 🧬 Deformation Depth (Absolute Galois) : What It Is : Controls the depth of Galois group deformations analyzed in market structure. How It Works : Measures price action deformations under automorphisms of the absolute Galois group, capturing market symmetries. Optimization : Higher Values (15-20) : Captures deeper symmetries, ideal for major trends in swing trading (4H-1D). Lower Values (3-8) : Responsive to local deformations, suited for scalping (1-5min). Timeframes : Scalping (1-5min) : 3-6 for quick local shifts. Day Trading (15min-1H) : 8-12 for balanced analysis. Swing Trading (4H-1D) : 12-20 for deep structural trends. Sectors : Stocks : Use 8-12 for stable trends. Crypto : 3-8 for volatile, short-term moves. Forex : 12-15 for smooth, cyclical patterns. Pro Tip : Increase in trending markets to filter noise; decrease in choppy markets for sensitivity. 🗼 Teichmüller Tower Height : What It Is : Determines the height of the Teichmüller modular tower for hierarchical pattern detection. How It Works : Builds modular levels to identify nested market patterns. Optimization : Higher Values (6-8) : Detects complex fractals, ideal for swing trading. Lower Values (2-4) : Focuses on primary patterns, faster for scalping. Timeframes : Scalping : 2-3 for speed. Day Trading : 4-5 for balanced patterns. Swing Trading : 5-8 for deep fractals. Sectors : Indices : 5-8 for robust, long-term patterns. Crypto : 2-4 for rapid shifts. Commodities : 4-6 for cyclical trends. Pro Tip : Higher towers reveal hidden fractals but may slow computation; adjust based on hardware. 🔢 Galois Prime Base : What It Is : Sets the prime base for Galois field computations. How It Works : Defines the field extension characteristic for market analysis. Optimization : Prime Characteristics : 2 : Binary markets (up/down). 3 : Ternary states (bull/bear/neutral). 5 : Pentagonal symmetry (Elliott waves). 7 : Heptagonal cycles (weekly patterns). 11,13,17,19 : Higher-order patterns. Timeframes : Scalping/Day Trading : 2 or 3 for simplicity. Swing Trading : 5 or 7 for wave or cycle detection. Sectors : Forex : 5 for Elliott wave alignment. Stocks : 7 for weekly cycle consistency. Crypto : 3 for volatile state shifts. Pro Tip : Use 7 for most markets; 5 for Elliott wave traders. Topos Theory & Sheaf Cohomology Inputs 🏛️ Temporal Site Size : What It Is : Defines the number of time points in the topological site. How It Works : Sets the local neighborhood for sheaf computations, affecting cohomology smoothness. Optimization : Higher Values (30-50) : Smoother cohomology, better for trends in swing trading. Lower Values (5-15) : Responsive, ideal for reversals in scalping. Timeframes : Scalping : 5-10 for quick responses. Day Trading : 15-25 for balanced analysis. Swing Trading : 25-50 for smooth trends. Sectors : Stocks : 25-35 for stable trends. Crypto : 5-15 for volatility. Forex : 20-30 for smooth cycles. Pro Tip : Match site size to your average holding period in bars for optimal coherence. 📐 Sheaf Cohomology Degree : What It Is : Sets the maximum degree of cohomology groups computed. How It Works : Higher degrees capture complex topological obstructions. Optimization : Degree Meanings : 1 : Simple obstructions (basic support/resistance). 2 : Cohomological pairs (double tops/bottoms). 3 : Triple intersections (complex patterns). 4-5 : Higher-order structures (rare events). Timeframes : Scalping/Day Trading : 1-2 for simplicity. Swing Trading : 3 for complex patterns. Sectors : Indices : 2-3 for robust patterns. Crypto : 1-2 for rapid shifts. Commodities : 3-4 for cyclical events. Pro Tip : Degree 3 is optimal for most trading; higher degrees for research or rare event detection. 🌐 Grothendieck Topology : What It Is : Chooses the Grothendieck topology for the site. How It Works : Affects how local data integrates into global patterns. Optimization : Topology Characteristics : Étale : Finest topology, captures local-global principles. Nisnevich : A1-invariant, good for trends. Zariski : Coarse but robust, filters noise. Fpqc : Faithfully flat, highly sensitive. Sectors : Stocks : Zariski for stability. Crypto : Étale for sensitivity. Forex : Nisnevich for smooth trends. Indices : Zariski for robustness. Timeframes : Scalping : Étale for precision. Swing Trading : Nisnevich or Zariski for reliability. Pro Tip : Start with Étale for precision; switch to Zariski in noisy markets. Unified Field Configuration Inputs ⚛️ Field Coupling Constant : What It Is : Sets the interaction strength between geometric components. How It Works : Controls signal amplification in the unified field equation. Optimization : Higher Values (0.5-1.0) : Strong coupling, amplified signals for ranging markets. Lower Values (0.001-0.1) : Subtle signals for trending markets. Timeframes : Scalping : 0.5-0.8 for quick, strong signals. Swing Trading : 0.1-0.3 for trend confirmation. Sectors : Crypto : 0.5-1.0 for volatility. Stocks : 0.1-0.3 for stability. Forex : 0.3-0.5 for balance. Pro Tip : Default 0.137 (fine structure constant) is a balanced starting point; adjust up in choppy markets. 📐 Geometric Weighting Scheme : What It Is : Determines the framework for combining geometric components. How It Works : Adjusts emphasis on different mathematical structures. Optimization : Scheme Characteristics : Canonical : Equal weighting, balanced. Derived : Emphasizes higher-order structures. Motivic : Prioritizes arithmetic properties. Spectral : Focuses on frequency domain. Sectors : Stocks : Canonical for balance. Crypto : Spectral for volatility. Forex : Derived for structured moves. Indices : Motivic for arithmetic cycles. Timeframes : Day Trading : Canonical or Derived for flexibility. Swing Trading : Motivic for long-term cycles. Pro Tip : Start with Canonical; experiment with Spectral in volatile markets. Dashboard and Visual Configuration Inputs 📋 Show Enhanced Dashboard, 📏 Size, 📍 Position : What They Are : Control dashboard visibility, size, and placement. How They Work : Display key metrics like Unified Field , Resonance , and Signal Quality . Optimization : Scalping : Small size, Bottom Right for minimal chart obstruction. Swing Trading : Large size, Top Right for detailed analysis. Sectors : Universal across markets; adjust size based on screen setup. Pro Tip : Use Large for analysis, Small for live trading. 📐 Show Motivic Cohomology Bands, 🌊 Morphism Flow, 🔮 Future Projection, 🔷 Holographic Mesh, ⚛️ Spectral Flow : What They Are : Toggle visual elements representing mathematical calculations. How They Work : Provide intuitive representations of market dynamics. Optimization : Timeframes : Scalping : Enable Morphism Flow and Spectral Flow for momentum. Swing Trading : Enable all for comprehensive analysis. Sectors : Crypto : Emphasize Morphism Flow and Future Projection for volatility. Stocks : Focus on Cohomology Bands for stable trends. Pro Tip : Disable non-essential visuals in fast markets to reduce clutter. 🌫️ Field Transparency, 🔄 Web Recursion Depth, 🎨 Mesh Color Scheme : What They Are : Adjust visual clarity, complexity, and color. How They Work : Enhance interpretability of visual elements. Optimization : Transparency : 30-50 for balanced visibility; lower for analysis. Recursion Depth : 6-8 for balanced detail; lower for older hardware. Color Scheme : Purple/Blue : Analytical focus. Green/Orange : Trading momentum. Pro Tip : Use Neon Purple for deep analysis; Neon Green for active trading. ⏱️ Minimum Bars Between Signals : What It Is : Minimum number of bars required between consecutive signals. How It Works : Prevents signal clustering by enforcing a cooldown period. Optimization : Higher Values (10-20) : Fewer signals, avoids whipsaws, suited for swing trading. Lower Values (0-5) : More responsive, allows quick reversals, ideal for scalping. Timeframes : Scalping : 0-2 bars for rapid signals. Day Trading : 3-5 bars for balance. Swing Trading : 5-10 bars for stability. Sectors : Crypto : 0-3 for volatility. Stocks : 5-10 for trend clarity. Forex : 3-7 for cyclical moves. Pro Tip : Increase in choppy markets to filter noise. Hardcoded Parameters Tropical, Motivic, Spectral, Perfectoid, Homotopy Inputs : Fixed to optimize performance but influence calculations (e.g., tropical_degree=4 for support levels, perfectoid_prime=5 for convergence). Optimization : Experiment with codebase modifications if advanced customization is needed, but defaults are robust across markets. 🎨 ADVANCED VISUAL SYSTEM: TRADING IN A GEOMETRIC UNIVERSE The GTTMTSF ’s visuals are direct representations of its mathematics, designed for intuitive and precise trading decisions. Motivic Cohomology Bands : What They Are : Dynamic bands ( H⁰ , H¹ , H² ) representing cohomological support/resistance. Color & Meaning : Colors reflect energy levels ( H⁰ tightest, H² widest). Breaks into H¹ signal momentum; H² touches suggest reversals. How to Trade : Use for stop-loss/profit-taking. Band bounces with Dashboard confirmation are high-probability setups. Morphism Flow (Webbing) : What It Is : White particle streams visualizing market momentum. Interpretation : Dense flows indicate strong trends; sparse flows signal consolidation. How to Trade : Follow dominant flow direction; new flows post-consolidation signal trend starts. Future Projection Web (Fractal Grid) : What It Is : Fibonacci-period fractal projections of support/resistance. Color & Meaning : Three-layer lines (white shadow, glow, colored quantum) with labels showing price, topological class, anomaly strength (φ), resonance (ρ), and obstruction ( H¹ ). ⚡ marks extreme anomalies. How to Trade : Target ⚡/● levels for entries/exits. High-anomaly levels with weakening Unified Field are reversal setups. Holographic Mesh & Spectral Flow : What They Are : Visuals of harmonic interference and spectral energy. How to Trade : Bright mesh nodes or strong Spectral Flow warn of building pressure before price movement. 📊 THE GEOMETRIC DASHBOARD: YOUR MISSION CONTROL The Dashboard translates complex mathematics into actionable intelligence. Unified Field & Signals : FIELD : Master value (-10 to +10), synthesizing all geometric components. Extreme readings (>5 or <-5) signal structural limits, often preceding reversals or continuations. RESONANCE : Measures harmony between geometric field and price-volume momentum. Positive amplifies bullish moves; negative amplifies bearish moves. SIGNAL QUALITY : Confidence meter rating alignment. Trade only STRONG or EXCEPTIONAL signals for high-probability setups. Geometric Components : What They Are : Breakdown of seven mathematical engines. How to Use : Watch for convergence. A strong Unified Field is reliable when components (e.g., Grothendieck , Topos , Motivic ) align. Divergence warns of trend weakening. Signal Performance : What It Is : Tracks indicator signal performance. How to Use : Assesses real-time performance to build confidence and understand system behavior. 🚀 DEVELOPMENT & UNIQUENESS: BEYOND CONVENTIONAL ANALYSIS The GTTMTSF was developed to analyze markets as evolving geometric objects, not statistical time-series. Why This Is Unlike Anything Else : Theoretical Depth : Uses geometry and topology, identifying patterns invisible to statistical tools. Holistic Synthesis : Integrates seven deep mathematical frameworks into a cohesive Unified Field . Creative Implementation : Translates PhD-level mathematics into functional Pine Script , blending theory and practice. Immersive Visualization : Transforms charts into dynamic geometric landscapes for intuitive market understanding. The GTTMTSF is more than an indicator; it’s a new lens for viewing markets, for traders seeking deeper insight into hidden order within chaos. " Where there is matter, there is geometry. " - Johannes Kepler — Dskyz , Trade with insight. Trade with anticipation.
Wskaźnik Pine Script®
od DskyzInvestments
5
RSI 3 Time FrameRSI 3 Time Frames Indicator Overview The RSI 3 Time Frames Indicator is designed to provide traders with a comprehensive view of the Relative Strength Index (RSI) across three different timeframes: Ripple (short-term), Wave (medium-term), and Tide (long-term). By combining insights from multiple timeframes on a single chart, traders can identify momentum, overbought/oversold conditions, and confluence zones for better decision-making. This indicator is highly customizable, enabling you to adjust RSI timeframes, line colors, thickness, and reference levels such as oversold/overbought areas. Features Multi-Timeframe RSI Analysis: Ripple RSI: Captures short-term momentum (default: 5-minute RSI) for quick entries and scalping. Wave RSI: Provides medium-term RSI perspective (default: 15-minute RSI) for day trading setups. Tide RSI: Gives broader trends and momentum shifts (default: 60-minute RSI) suitable for swing trading. Key RSI Reference Levels: Horizontal lines show critical RSI levels to help traders interpret conditions: Oversold Zone: 20 (Oversold Extreme) → Green dotted line. 30 (Oversold) → Green dotted line. Neutral Zone: 40 (Neutral Low) → Orange dotted line. 50 (Midpoint) → Black dotted line. 60 (Neutral High) → Orange dotted line. Overbought Zone: 70 (Overbought) → Red dotted line. 80 (Overbought Extreme) → Red dotted line. Customizable Options: Adjust RSI line color, width, and timeframes to fit your trading needs. Customize horizontal level line colors and styles (dotted, dashed, or solid). Easy-to-Interpret Design: All RSI lines and reference levels are visualized clearly to help you identify overbought/oversold zones, neutral levels, and overall market momentum across multiple perspectives. Recommended Use Cases Scalping: Use Ripple RSI (default: 5-minute timeframe) for short-term insights into momentum-driven setups. Day Trading: Use Wave RSI (default: 15-minute timeframe) to analyze medium-term trends and spot entries/exits. Swing Trading: Use Tide RSI (default: 60-minute timeframe) for longer-term momentum shifts and confluence zones. Multi-Timeframe Confirmation : Look for alignment among RSI values across Ripple, Wave, and Tide to increase confidence in your trades. How to Use the RSI 3 Time Frames Indicator Add the Indicator to Your Chart: Import the RSI 3 Time Frames Indicator into TradingView. Customize Settings: Choose Ripple, Wave, and Tide RSI timeframes according to your strategy (e.g., 5-minute for short-term, 15-minute for medium-term). Modify line colors, styles, and thickness for better clarity. Enable/disable RSI lines or reference levels based on preference. Interpret RSI Values Across Timeframes: Identify overbought levels (above 70) for potential reversals. Spot oversold levels (below 30) for buying opportunities. Use the neutral midpoint (50) for balanced momentum, indicating neither buyers nor sellers dominate. Combine with Other Tools: Enhance your trading strategy by using RSI signals with price action tools like support/resistance zones, trendlines, and candlestick patterns. Example Scenario Let’s say you’re trading Bitcoin (BTC/USD): Ripple RSI shows momentum building but nearing overbought (above 70). Wave RSI confirms shorter momentum trends (above 60). Tide RSI shows divergence as the longer timeframe RSI is falling toward oversold (below 40). This alignment across timeframes helps you make informed decisions, such as waiting for Ripple RSI to cool off before entering a longer-term trade based on the Tide RSI oversold condition. Disclaimer The RSI 3 Time Frames Indicator is provided for educational and informational purposes only. It is not intended as financial advice or as a definitive trading signal. This tool should not be used in isolation for decision-making. Trading is inherently risky, and while RSI can offer valuable insights into market trends, traders should use proper risk management strategies and include other tools such as volume-based indicators, price action, fundamental research, and macroeconomic analysis in their decision-making process. Always test any new strategies in a simulated or paper trading environment before applying them to real markets. Remember to consult with a licensed financial professional if you’re unsure whether trading is suitable for your financial situation. Key Benefits Enhanced flexibility with customizable RSI settings. Clear visualization of momentum across short, medium, and long-term timeframes. Helps traders avoid tunnel vision by providing a multi-timeframe perspective. Final Note The RSI 3 Time Frames Indicator is a powerful, easy-to-use tool for traders who want to leverage RSI across multiple timeframes to pinpoint high-probability setups. Customize the settings based on your strategy and use this as a companion tool for your overall trading system. We hope you enjoy using this indicator to improve your trading and analysis! Happy trading! 😊
Wskaźnik Pine Script®
od dsouzajoyal
Clean Multi-Indicator Alignment System Overview A sophisticated multi-indicator alignment system designed for 24/7 trading across all markets, with pure signal-based exits and no time restrictions. Perfect for futures, forex, and crypto markets that operate around the clock. Key Features 🎯 Multi-Indicator Confluence System EMA Cross Strategy: Fast EMA (5) and Slow EMA (10) for precise trend direction VWAP Integration: Institution-level price positioning analysis RSI Momentum: 7-period RSI for momentum confirmation and reversal detection MACD Signals: Optimized 8/17/5 configuration for scalping responsiveness Volume Confirmation: Customizable volume multiplier (default 1.6x) for signal validation 🚀 Advanced Entry Logic Initial Full Alignment: Requires all 5 indicators + volume confirmation Smart Continuation Entries: EMA9 pullback entries when trend momentum remains intact Flexible Time Controls: Optional session filtering or 24/7 operation 🎪 Pure Signal-Based Exits No Forced Closes: Positions exit only on technical signal reversals Dual Exit Conditions: EMA9 breakdown + RSI flip OR MACD cross + EMA20 breakdown Trend Following: Allows profitable trends to run their full course Perfect for Swing Scalping: Ideal for multi-session position holding 📊 Visual Interface Real-Time Status Dashboard: Live alignment monitoring for all indicators Color-Coded Candles: Instant visual confirmation of entry/exit signals Clean Chart Display: Toggle-able EMAs and VWAP with professional styling Signal Differentiation: Clear labels for entries, X-crosses for exits 🔔 Alert System Entry Notifications: Separate alerts for buy/sell signals Exit Warnings: Technical breakdown alerts for position management Mobile Ready: Push notifications to TradingView mobile app Market Applications Perfect For: Gold Futures (GC): 24-hour precious metals trading NASDAQ Futures (NQ): High-volatility index scalping Forex Markets: Currency pairs with continuous operation Crypto Trading: 24/7 cryptocurrency momentum plays Energy Futures: Oil, gas, and commodity swing trades Optimal Timeframes: 1-5 Minutes: Ultra-fast scalping during high volatility 5-15 Minutes: Balanced approach for most markets 15-30 Minutes: Swing scalping for trend following 🧠 Smart Position Management Tracks implied position direction Prevents conflicting signals Allows trend continuation entries State-aware exit logic ⚡ Scalping Optimized Fast-reacting indicators with shorter periods Volume-based confirmation reduces false signals Clean entry/exit visualization Minimal lag for time-sensitive trades Configuration Options All parameters fully customizable: EMA Lengths: Adjustable from 1-30 periods RSI Period: 1-14 range for different market conditions MACD Settings: Fast (1-15), Slow (1-30), Signal (1-10) Volume Confirmation: 0.5-5.0x multiplier range Visual Preferences: Colors, displays, and table options Risk Management Features Clear visual exit signals prevent emotion-based decisions Volume confirmation reduces false breakouts Multi-indicator confluence improves signal quality Optional time filtering for session-specific strategies Best Use Cases Futures Scalping: NQ, ES, GC during active sessions Forex Swing Trading: Major pairs during overlap periods Crypto Momentum: Bitcoin, Ethereum trend following 24/7 Automated Systems: Algorithmic trading implementation Multi-Market Scanning: Portfolio-wide signal monitoring
Wskaźnik Pine Script®
od Fizeks
1
Sabbz Golden indicatorIndicator Name: Sabbz Golden Indicator Short Title: Sabbz Purpose: A comprehensive trading indicator designed for multiple trading styles (scalping, day trading, and trend following) by combining technical analysis tools such as EMAs, VWAP, support/resistance levels, order blocks, supply/demand zones, RSI, MACD, and volume analysis. It provides visual signals, trend analysis, and a dashboard for real-time decision-making. Key Features Exponential Moving Averages (EMAs): Calculates four EMAs (Fast: 9, Medium: 21, Slow: 50, Trend: 200) to assess short, medium, and long-term trends. Dynamic coloring based on trend direction: Fast EMA: Lime (bullish), Red (bearish), Yellow (neutral). Medium EMA: Blue (bullish), Orange (bearish), Gray (neutral). Slow EMA: Green (bullish), Red (bearish), Purple (neutral). Trend EMA: Green (bullish), Red (bearish). Volume-Weighted Average Price (VWAP): Plots VWAP with ±1σ deviation bands to identify dynamic support/resistance. VWAP trend direction (bullish if close > VWAP and VWAP rising, bearish if close < VWAP and VWAP falling) informs trading signals. Multi-Timeframe Analysis: Incorporates 5-minute and 15-minute EMA (9 and 21) data to confirm trends across timeframes, enhancing signal reliability. Support and Resistance Levels: Detects key support/resistance levels using fractal-based pivot points (5-bar left/right lookback). Tracks touches of levels (minimum 3 touches required) within a 50-bar lookback. Levels are filtered to stay within ±0.5% of the current price to avoid clutter. Break of structure (BoS) signals are generated when price breaks key levels by a user-defined threshold (default: 0.1%). Order Blocks: Identifies bullish and bearish order blocks based on strong price reversals with high volume. Visualized as green (bullish) or red (bearish) boxes on the chart. Supply and Demand Zones: Detects fresh demand zones (price drops to a 10-bar low, bounces with high volume) and supply zones (price reaches a 10-bar high, reverses with high volume). Plotted as blue (demand) or orange (supply) boxes, adjusted by ±0.5 ATR for width. Scalping Signals: Generates scalp long/short signals for 1-5 minute timeframes based on: Short-term EMA trend (9 > 21 for long, 9 < 21 for short). RSI oversold (<30, rising) for longs or overbought (>70, falling) for shorts. MACD momentum (histogram positive and rising for longs, negative and falling for shorts). Volume spike (volume > 1.5x 20-period SMA). Price above/below VWAP. Day Trading Signals: Generates day trading long/short signals for 5-15 minute timeframes based on: Medium-term trend (EMA 9 > 21 and 21 > 50 for long, opposite for short). Break of key resistance (long) or support (short). Multi-timeframe EMA confirmation (5m and 15m). Volume spike. Trend Following Signals: Generates swing/position trading signals based on: Strong trend (short, medium, long-term EMAs aligned, VWAP trend, and multi-timeframe confirmation). Presence of fresh demand/supply zones or order blocks. RSI not overextended (<60 for longs, >40 for shorts). Volume Analysis: Uses a 20-period SMA of volume to detect spikes (>1.5x SMA) and high volume (>2x SMA) for signal confirmation. Dashboard: Displays real-time data in a top-right table with: Timeframe: Scalping, Day Trading, Trend Following. Trend: Bullish, Bearish, Neutral, or Strong Bull/Bear based on EMA and VWAP conditions. Signal: Long, Short, or Wait based on entry conditions. Levels: Key support, resistance, VWAP, and RSI values with status (Overbought, Oversold, Neutral). Color-coded for quick interpretation. Visual Elements: Plots EMAs, VWAP, support/resistance levels, order blocks, and supply/demand zones. Entry signals are marked with triangles (up for long, down for short) of varying sizes (small for scalping, normal for day trading, large for trend following) and colors (e.g., aqua for scalp long, purple for scalp short). Background coloring indicates trend strength (green for bullish, red for bearish, gray for neutral). Alerts: Configurable alerts for: Scalping Long/Short entries. Day Trading Long/Short entries. Trend Following Long/Short entries. Resistance/Support breaks. Input Parameters EMAs: Fast EMA (default: 9), Medium EMA (21), Slow EMA (50), Trend EMA (200). Support/Resistance: Lookback (50 bars), Minimum Touches (3), Break Threshold (0.1%). Scalping: RSI Length (14), Overbought (70), Oversold (30), Volume MA (20). Display Options: Toggle signals, support/resistance levels, supply/demand zones, and order blocks (all default to true). Usage Scalping: Use on 1-5 minute charts for quick entries/exits based on scalp signals. Day Trading: Use on 5-15 minute charts for break-of-structure trades with multi-timeframe confirmation. Trend Following: Use on higher timeframes (e.g., 1H, 4H) for swing/position trades aligned with strong trends. Dashboard: Monitor trend and signal status for all timeframes in real-time. Alerts: Set up alerts to automate trade notifications. Notes Performance: The indicator is computationally intensive due to multi-timeframe calculations and array-based support/resistance logic. Test on your platform to ensure smooth performance. Customization: Adjust input parameters (e.g., EMA lengths, RSI thresholds) to suit specific markets or trading styles. Limitations: Signals are based on historical data and technical conditions; always combine with risk management and market context.
Wskaźnik Pine Script®
od sabbz0001
ADVANCED EMA RIBBON SUITE PRO [Multi-Timeframe + Alerts + Dash]🎯 ADVANCED EMA RIBBON SUITE PRO 📊 DESCRIPTION: The most comprehensive EMA Ribbon indicator on TradingView, featuring 14 customizable EMAs (5-200), multi-timeframe analysis, gradient ribbon visualization, smart alerts, and a real-time dashboard. Perfect for trend following, scalping, and swing trading. 🔥 KEY FEATURES: • 14 EMAs with Fibonacci sequence option (5, 8, 13, 21, 34, 55, 89, 144, 200) • Multi-Timeframe (MTF) analysis - see higher timeframe trends • Dynamic gradient ribbon with trend-based coloring • Golden Cross & Death Cross detection with alerts • Professional themes (Dark/Light) with 6 visual styles • Real-time information dashboard • Customizable transparency and colors • Trend strength visualization • Price position analysis • Smart alert system for all major crossovers 📈 USE CASES: • Trend Identification: Ribbon expansion/contraction shows trend strength • Entry/Exit Signals: EMA crossovers provide clear trade signals • Support/Resistance: EMAs act as dynamic S/R levels • Multi-Timeframe Confluence: Combine timeframes for higher probability trades • Scalping: Use faster EMAs (5-20) for quick trades • Swing Trading: Focus on 50/200 EMAs for position trades 🎯 TRADING STRATEGIES: 1. Ribbon Squeeze: Trade breakouts when ribbon contracts 2. Golden/Death Cross: Major trend reversals at 50/200 crosses 3. Price Above/Below: Long when price above most EMAs, short when below 4. MTF Confluence: Trade when multiple timeframes align 5. Dynamic S/R: Use EMAs as trailing stop levels ⚡ OPTIMAL SETTINGS: • Scalping: 5, 8, 13, 21 EMAs on 1-5 min charts • Day Trading: Full ribbon on 15-60 min charts • Swing Trading: Focus on 50, 100, 200 EMAs on daily charts • Position Trading: Use weekly timeframe with monthly MTF 📌 KEYWORDS: EMA, Exponential Moving Average, Ribbon, Multi-Timeframe, MTF, Golden Cross, Death Cross, Trend Following, Scalping, Swing Trading, Dashboard, Alerts, Support Resistance, Fibonacci, Professional, Advanced, Suite, Indicator *Created using PineCraft AI (Link in Bio)
Wskaźnik Pine Script®
od PineProfits
Timeframe Resistance Evaluation And Detection - CoffeeKillerTREAD - Timeframe Resistance Evaluation And Detection Guide 🔔 Important Technical Limitation 🔔 **This indicator does NOT fetch true higher timeframe data.** Instead, it simulates higher timeframe levels by aggregating data from your current chart timeframe. This means: - Results will vary depending on what chart timeframe you're viewing - Levels may not match actual higher timeframe candle highs/lows - You might miss important wicks or gaps that occurred between chart timeframe bars - **Always verify levels against actual higher timeframe charts before trading** Welcome traders! This guide will walk you through the TREAD (Timeframe Resistance Evaluation And Detection) indicator, a multi-timeframe analysis tool developed by CoffeeKiller that identifies support and resistance confluence across different time periods.(I am 50+ year old trader and always thought I was bad a teaching and explaining so you get a AI guide. I personally use this on the 5 minute chart with the default settings, but to each there own and if you can improve the trend detection methods please DM me. I would like to see the code. Thanks) Core Components 1. Dual Timeframe Level Tracking - Short Timeframe Levels: Tracks opening price extremes within shorter periods - Long Timeframe Levels: Tracks actual high/low extremes within longer periods - Dynamic Reset Mechanism: Levels reset at the start of each new timeframe period - Momentum Detection: Identifies when levels change mid-period, indicating active price movement 2. Visual Zone System - High Zones: Areas between long timeframe highs and short timeframe highs - Low Zones: Areas between long timeframe lows and short timeframe lows - Fill Coloring: Dynamic colors based on whether levels are static or actively changing - Momentum Highlighting: Special colors when levels break during active periods 3. Customizable Display Options - Multiple Plot Styles: Line, circles, or cross markers - Flexible Timeframe Selection: Wide range of short and long timeframe combinations - Color Customization: Separate colors for each level type and momentum state - Toggle Controls: Show/hide different elements based on trading preference Main Features Timeframe Settings - Short Timeframe Options: 15m, 30m, 1h, 2h, 4h - Long Timeframe Options: 1h, 2h, 4h, 8h, 12h, 1D, 1W - Recommended Combinations: - Scalping: 15m/1h or 30m/2h - Day Trading: 30m/4h or 1h/4h - Swing Trading: 4h/1D or 1D/1W Display Configuration - Level Visibility: Toggle short/long timeframe levels independently - Fill Zone Control: Enable/disable colored zones between levels - Momentum Fills: Special highlighting for actively changing levels - Line Customization: Width, style, and color options for all elements Color System - Short TF High: Default red for resistance levels - Short TF Low: Default green for support levels - Long TF High: Transparent red for broader resistance context - Long TF Low: Transparent green for broader support context - Momentum Colors: Brighter colors when levels are actively changing Technical Implementation Details How Level Tracking Works The indicator uses a custom tracking function that: 1. Detects Timeframe Periods: Uses `time()` function to identify when new periods begin 2. Tracks Extremes: Monitors highest/lowest values within each period 3. Resets on New Periods: Clears tracking when timeframe periods change 4. Updates Mid-Period: Continues tracking if new extremes are reached The Timeframe Limitation Explained `pinescript // What the indicator does: short_tf_start = ta.change(time(short_timeframe)) != 0 // Detects 30m period start = track_highest(open, short_tf_start) // BUT uses chart TF opens! // What true multi-timeframe would be: // short_tf_high = request.security(syminfo.tickerid, short_timeframe, high) ` This means: - On a 5m chart with 30m/4h settings: Tracks 5m bar opens during 30m and 4h windows - On a 1m chart with same settings: Tracks 1m bar opens during 30m and 4h windows - Results will be different between chart timeframes - May miss important price action that occurred between your chart's bars Visual Elements 1. Level Lines - Short TF High: Upper resistance line from shorter timeframe analysis - Short TF Low: Lower support line from shorter timeframe analysis - Long TF High: Broader resistance context from longer timeframe - Long TF Low: Broader support context from longer timeframe 2. Zone Fills - High Zone: Area between long TF high and short TF high (potential resistance cluster) - Low Zone: Area between long TF low and short TF low (potential support cluster) - Regular Fill: Standard transparency when levels are static - Momentum Fill: Enhanced visibility when levels are actively changing 3. Dynamic Coloring - Static Periods: Normal colors when levels haven't changed recently - Active Periods: Momentum colors when levels are being tested/broken - Confluence Zones: Different intensities based on timeframe alignment Trading Applications 1. Support/Resistance Trading - Entry Points: Trade bounces from zone boundaries - Confluence Areas: Focus on areas where short and long TF levels cluster - Zone Breaks: Enter on confirmed breaks through entire zones - Multiple Timeframe Confirmation: Stronger signals when both timeframes align 2. Range Trading - Zone Boundaries: Use fill zones as range extremes - Mean Reversion: Trade back toward opposite zone when price reaches extremes - Breakout Preparation: Watch for momentum color changes indicating potential breakouts - Risk Management: Place stops outside the opposite zone 3. Trend Following - Direction Bias: Trade in direction of zone breaks - Pullback Entries: Enter on pullbacks to broken zones (now support/resistance) - Momentum Confirmation: Use momentum coloring to confirm trend strength - Multiple Timeframe Alignment: Strongest trends when both timeframes agree 4. Scalping Applications - Quick Bounces: Trade rapid moves between zone boundaries - Momentum Signals: Enter when momentum colors appear - Short-Term Targets: Use opposite zone as profit target - Tight Stops: Place stops just outside current zone Optimization Guide 1. Timeframe Selection For Different Trading Styles: - Scalping: 15m/1h - Quick levels, frequent updates - Day Trading: 30m/4h - Balanced view, good for intraday moves - Swing Trading: 4h/1D - Longer-term perspective, fewer false signals - Position Trading: 1D/1W - Major structural levels 2. Chart Timeframe Considerations **Important**: Your chart timeframe affects results - Lower Chart TF: More granular level tracking, but may be noisy - Higher Chart TF: Smoother levels, but may miss important price action - Recommended: Use chart timeframe 2-4x smaller than short indicator timeframe 3. Display Settings - Busy Charts: Disable fills, show only key levels - Clean Analysis: Enable all fills and momentum coloring - Multi-Monitor Setup: Use different color schemes for easy identification - Mobile Trading: Increase line width for visibility Best Practices 1. Level Verification - Always Cross-Check: Verify levels against actual higher timeframe charts - Multiple Timeframes: Check 2-3 different chart timeframes for consistency - Price Action Confirmation: Wait for candlestick confirmation at levels - Volume Analysis: Combine with volume for stronger confirmation 2. Risk Management - Stop Placement: Use zones rather than exact prices for stops - Position Sizing: Reduce size when zones are narrow (higher risk) - Multiple Targets: Scale out at different zone boundaries - False Break Protection: Allow for minor zone penetrations 3. Signal Quality Assessment - Momentum Colors: Higher probability when momentum coloring appears - Zone Width: Wider zones often provide stronger support/resistance - Historical Testing: Backtest on your preferred timeframe combinations - Market Conditions: Adjust sensitivity based on volatility Advanced Features 1. Momentum Detection System The indicator tracks when levels change mid-period: `pinescript short_high_changed = short_high != short_high and not short_tf_start ` This identifies: - Active level testing - Potential breakout situations - Increased market volatility - Trend acceleration points 2. Dynamic Color System Complex conditional logic determines fill colors: - Static Zones: Regular transparency for stable levels - Active Zones: Enhanced colors for changing levels - Mixed States: Different combinations based on user preferences - Custom Overrides: User can prioritize certain color schemes 3. Zone Interaction Analysis - Convergence: When short and long TF levels approach each other - Divergence: When timeframes show conflicting levels - Alignment: When both timeframes agree on direction - Transition: When one timeframe changes while other remains static Common Issues and Solutions 1. Inconsistent Levels Problem: Levels look different on various chart timeframes Solution: Always verify against actual higher timeframe charts 2. Missing Price Action Problem: Important wicks or gaps not reflected in levels Solution: Use chart timeframe closer to indicator's short timeframe setting 3. Too Many Signals Problem: Excessive level changes and momentum alerts Solution: Increase timeframe settings or reduce chart timeframe granularity 4. Lagging Signals Problem: Levels seem to update too slowly Solution: Decrease chart timeframe or use more sensitive timeframe combinations Recommended Setups Conservative Approach - Timeframes: 4h/1D - Chart: 1h - Display: Show fills only, no momentum coloring - Use: Swing trading, position management Aggressive Approach - Timeframes: 15m/1h - Chart: 5m - Display: All features enabled, momentum highlighting - Use: Scalping, quick reversal trades Balanced Approach - Timeframes: 30m/4h - Chart: 15m - Display: Selective fills, momentum on key levels - Use: Day trading, multi-session analysis Final Notes **Remember**: This indicator provides a synthetic view of multi-timeframe levels, not true higher timeframe data. While useful for identifying potential confluence areas, always verify important levels by checking actual higher timeframe charts. **Best Results When**: - Combined with actual multi-timeframe analysis - Used for confluence confirmation rather than primary signals - Applied with proper risk management - Verified against price action and volume **DISCLAIMER**: This indicator and its signals are intended solely for educational and informational purposes. The timeframe limitation means results may not reflect true higher timeframe levels. Always conduct your own analysis and verify levels independently before making trading decisions. Trading involves significant risk of loss.
Wskaźnik Pine Script®
od CoffeeKiller
TradingIQ - Nova IQIntroducing "Nova IQ" by TradingIQ Nova IQ is an exclusive Trading IQ algorithm designed for extended price move scalping. It spots overextended micro price moves and bets against them. In this way, Nova IQ functions similarly to a reversion strategy. Nova IQ analyzes historical and real-time price data to construct a dynamic trading system adaptable to various asset and timeframe combinations. Philosophy of Nova IQ Nova IQ integrates AI with the concept of central-value reversion scalping. On lower timeframes, prices may overextend for small periods of time - which Nova IQ looks to bet against. In this sense, Nova IQ scalps against small, extended price moves on lower timeframes. Nova IQ is designed to work straight out of the box. In fact, its simplicity requires just one user setting, making it incredibly straightforward to manage. Use HTF (used to apply a higher timeframe trade filter) is the only setting that controls how Nova IQ works. Traders don’t have to spend hours adjusting settings and trying to find what works best - Nova IQ handles this on its own. Key Features of Nova IQ Self-Learning Market Scalping Employs AI and IQ Technology to scalp micro price overextensions. AI-Generated Trading Signals Provides scalping signals derived from self-learning algorithms. Comprehensive Trading System Offers clear entry and exit labels. Performance Tracking Records and presents trading performance data, easily accessible for user analysis. Higher Timeframe Filter Allows users to implement a higher timeframe trading filter. Long and Short Trading Capabilities Supports both long and short positions to trade various market conditions. Nova Oscillator (NOSC) The Nova IQ Oscillator (NOSC) is an exclusive self-learning oscillator developed by Trading IQ. Using IQ Technology, the NOSC functions as an all-in-one oscillator for evaluating price overextensions. Nova Bands (NBANDS) The Nova Bands (NBANDS) are based on a proprietary calculation and serve as a custom two-layer smoothing filter that uses exponential decay. These bands adaptively smooth prices to identify potential trend retracement opportunities. How It Works Nova IQ operates on a simple heuristic: scalp long during micro downside overextensions and short during micro upside overextensions. What constitutes an "overextension" is defined by IQ Technology, TradingIQ's proprietary AI algorithm. For Nova IQ, this algorithm evaluates the typical extent of micro overextensions before a reversal occurs. By learning from these patterns, Nova IQ adapts to identify and trade future overextensions in a consistent manner. In essence, Nova IQ learns from price movements within scalping timeframes to pinpoint price areas for capitalizing on the reversal of an overextension. As a trading system, Nova IQ enters all positions using market orders at the bar’s close. Each trade is exited with a profit-taking limit order and a stop-loss order. Thanks to its self-learning capability, Nova IQ determines the most suitable profit target and stop-loss levels, eliminating the need for the user to adjust any settings. What classifies as a tradable overextension? For Nova IQ, tradable overextensions are not manually set but are learned by the system. Nova IQ utilizes NOSC to identify and classify micro overextensions. By analyzing multiple variations of NOSC, along with its consistency in signaling overextensions and its tendency to remain in extreme zones, Nova IQ dynamically adjusts NOSC to determine what constitutes overextension territory for the indicator. When NOSC reaches the downside overextension zone, long trades become eligible for entry. Conversely, when NOSC reaches the upside overextension zone, short trades become eligible for entry. The image above illustrates NOSC and explains the corresponding overextension zones The blue lower line represents the Downside Overextension Zone. The red upper line represents the Upside Overextension Zone. Any area between the two deviation points is not considered a tradable price overextension. When either of the overextension zones are breached, Nova IQ will get to work at determining a trade opportunity. The image above shows a long position being entered after the Downside Overextension Zone was reached. The blue line on the price scale shows the AI-calculated profit target for the scalp position. The redline shows the AI-calculated stop loss for the scalp position. Blue arrows indicate that the strategy entered a long position at the highlighted price level. Yellow arrows indicate a position was closed. You can also hover over the trade labels to get more information about the trade—such as the entry price and exit price. The image above depicts a short position being entered after the Upside Overextension Zone was breached. The blue line on the price scale shows the AI-calculated profit target for the scalp position. The redline shows the AI-calculated stop loss for the scalp position. Red arrows indicate that the strategy entered a short position at the highlighted price level. Yellow arrows indicate that NOVA IQ exited a position. Long Entry: Blue Arrow Short Entry: Red Arrow Closed Trade: Yellow Arrow Nova Bands The Nova Bands (NBANDS) are based on a proprietary calculation and serve as a custom two-layer smoothing filter that uses exponential decay and cosine factors. These bands adaptively smooth the price to identify potential trend retracement opportunities. The image above illustrates how to interpret NBANDS. While NOSC focuses on identifying micro overextensions, NBANDS is designed to capture larger price overextensions. As a result, the two indicators complement each other well and can be effectively used together to identify a broader range of price overextensions in the market. While the Nova Bands are not part of the core heuristic and do not use IQ technology, they provide valuable insights for discretionary traders looking to refine their strategies. Use HTF (Use Higher Timeframe) Setting Nova IQ has only one setting that controls its functionality. “Use HTF” controls whether the AI uses a higher timeframe trading filter. This setting can be true or false. If true, the trader must select the higher timeframe to implement. No Higher TF Filter Nova IQ operates with standard aggression when the higher timeframe setting is turned off. In this mode, it exclusively learns from the price data of the current chart, allowing it to trade more aggressively without the influence of a higher timeframe filter. Higher TF Filter Nova IQ demonstrates reduced aggression when the "Use HTF" (Higher Timeframe) setting is enabled. In this mode, Nova IQ learns from both the current chart's data and the selected higher timeframe data, factoring in the higher timeframe trend when seeking scalping opportunities. As a result, trading opportunities only arise when both the higher timeframe and the chart's timeframe simultaneously display overextensions, making this mode more selective in its entries. In this mode, Nova IQ calculates NOSC on the higher timeframe, learns from the corresponding price data, and applies the same rules to NOSC as it does for the current chart's timeframe. This ensures that Nova IQ consistently evaluates overextensions across both timeframes, maintaining its trading logic while incorporating higher timeframe insights. AI Direction The AI Direction setting controls the trade direction Nova IQ is allowed to take. “Trade Longs” allows for long trades. “Trade Shorts” allows for short trades. Verifying Nova IQ’s Effectiveness Nova IQ automatically tracks its performance and displays the profit factor for the long strategy and the short strategy it uses. This information can be found in a table located in the top-right corner of your chart showing the long strategy profit factor and the short strategy profit factor. The image above shows the long strategy profit factor and the short strategy profit factor for Nova IQ. A profit factor greater than 1 indicates a strategy profitably traded historical price data. A profit factor less than 1 indicates a strategy unprofitably traded historical price data. A profit factor equal to 1 indicates a strategy did not lose or gain money when trading historical price data. Using Nova IQ While Nova IQ is a full-fledged trading system with entries and exits - it was designed for the manual trader to take its trading signals and analysis indications to greater heights, offering numerous applications beyond its built-in trading system. The hallmark feature of Nova IQ is its to ignore noise and only generate signals during tradable overextensions. The best way to identify overextensions with Nova IQ is with NOSC. NOSC is naturally adept at identifying micro overextensions. While it can be interpreted in a manner similar to traditional oscillators like RSI or Stochastic, NOSC’s underlying calculation and self-learning capabilities make it significantly more advanced and useful than conventional oscillators. Additionally, manual traders can benefit from using NBANDS. Although NBANDS aren't a core component of Nova IQ's guiding heuristic, they can be valuable for manual trading. Prices rarely extend beyond these bands, and it's uncommon for prices to consistently trade outside of them. NBANDS do not incorporate IQ Technology; however, when combined with NOSC, traders can identify strong double-confluence opportunities.
Wskaźnik Pine Script®
od Trading-IQ
2