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Bottom & Top Finder v3.0Bottom & Top Finder v3.0 is a proprietary multi-component oscillator designed to identify potential market reversals and extreme price conditions. The indicator analyzes momentum, volatility, and price behavior to generate bullish and bearish signals with strength classification. █ OVERVIEW Each signal is classified into three strength levels (Weak, Medium, Strong) allowing traders to prioritize high-conviction setups. Signal Classification: • Strong signals (±1.0): High conviction setups with multiple confirmations • Medium signals (±0.6): Moderate conviction with key component alignment • Weak signals (±0.33): Early warnings or preliminary indications █ KEY FEATURES Smart Signal Management The indicator includes an intelligent system that allows signal sequences to complete naturally while preventing excessive noise. Unlike traditional cooldown systems that block all signals during a cooldown period, this implementation allows consecutive signals during a "run" and only applies cooldown after the signal run ends. This ensures complete multi-bar patterns are captured while preventing rapid flip-flopping. Advanced Filtering System Three optional filters allow adaptation to different market conditions: • Volume Confirmation Filter: Validates signals against recent volume activity across a configurable lookback period. Checks if any bar in the lookback window exceeded average volume by the specified multiplier. • Trend Alignment Filter: Four operational modes including With Trend, Counter Trend, Statistical Distance, or Off. The anomaly mode uses calculations to identify signals only at statistical extremes rather than simple directional bias. • Signal Type Selection: Enable or disable weak, medium, and strong signals independently based on your trading style and risk tolerance. Comprehensive Alert System Ten distinct alert conditions cover every use case. Alerts include price level and timestamp, and are ready for webhook integration with automated trading systems. █ HOW TO USE Basic Setup 1 — Add "Bottom & Top Finder v3.0" to your chart in a separate indicator pane 2 — Optionally add "Bottom & Top Finder v3.0 - Chart Labels" for on-chart visual markers 3 — Configure lookback periods (defaults work well for most timeframes) 4 — Enable or disable signal strengths based on your trading style 5 — Apply filters as needed to reduce noise in your specific market Signal Interpretation Histogram magnitude indicates signal conviction. Multiple signal types can fire simultaneously and are aggregated into the composite score. Alert Configuration Set up alerts through TradingView's standard alert system using the built-in alert conditions. Choose from individual signal types (for specific setups) or aggregate alerts (for broader monitoring). Recommended Approach • Combine indicator signals with price action and support/resistance analysis • Use strong signals for entries, weaker signals for early warnings or exits • Enable filters when trading liquid markets with reliable volume data • Adjust cooldown period based on timeframe: lower for active trading, higher for swing setups • Start with default settings and adjust based on backtesting results █ SETTINGS Lookback Settings • Main Lookback Period: Primary calculation period for most components (default: 21). Lower values increase sensitivity, higher values smooth signals. • Range Lookback: Extended lookback for range high/low analysis (default: 50). Affects extreme condition detection. Signal Settings • Enable Weak Signals: Toggle weak signal detection (default: on) • Enable Medium Signals: Toggle medium signal detection (default: on) • Enable Strong Signals: Toggle strong signal detection (default: on) Filter Settings • Enable Volume Filter: Require volume confirmation (default: off) • Volume Lookback: Period to check for volume spikes (default: 30) • Volume Spike Multiplier: Threshold above average volume (default: 1.3x) • Trend Filter Mode: Off, With Trend, Counter Trend, or Anomaly (default: off) • Trend SMA Period: Moving average period for trend calculations (default: 50) • Anomaly Threshold: Minimum statistical deviation for anomaly mode (default: 1.5) Display Settings • Show Composite Histogram: Toggle main histogram display (default: on) • Show Signal Bars: Toggle triangle markers in indicator pane (default: on) • Show RSI Reference: Overlay normalized RSI for context (default: off) █ TIMEFRAME CONSIDERATIONS The indicator works on any timeframe from 1-minute to monthly charts. However, optimal performance requires timeframe-appropriate configuration: Shorter Timeframes (1m-15m) Consider reducing main lookback period for increased responsiveness. Volume filter may be less reliable in some markets during low-liquidity sessions. Medium Timeframes (1H-4H) Default lookback periods are optimized for these timeframes. Volume and trend filters provide good noise reduction. Longer Timeframes (1D+) Consider increasing lookback periods for smoother signals. Filters are highly effective at these timeframes. █ BEST PRACTICES Risk Management This indicator is a technical analysis tool designed to identify potential reversal zones and does not guarantee profitable trades. Users should: • Understand that signals indicate potential setup zones, not guaranteed outcomes • Employ proper position sizing and risk management on every trade • Combine indicator signals with their own analysis and trading strategy • Paper trade and backtest thoroughly before live implementation • Never risk more than they can afford to lose Signal Context Indicator signals should be evaluated within broader market structure. Consider: • Proximity to key support and resistance levels • Overall trend direction and strength • Market volatility and liquidity conditions • Confluence with other technical indicators or patterns • Fundamental factors that may override technical signals █ NOTES • All signals use confirmed bar data and do not repaint • The cooldown system tracks top and bottom signals independently • Multiple signal types can fire simultaneously; the composite score aggregates them • Anomaly mode measures standard deviation magnitude, not just directional bias • Volume filter checks any bar in the lookback period, not just the current bar • Strong signals require more confirmations than medium or weak signals
Wskaźnik Pine Script®
od theheirophant
63
PorcupineDisplays "spike days" by colouring the bars (Default: yellow for a Spike High and blue for a Spike Low) Spike Day's definition taken from Jack D Schwager's Book: A Complete Guide to the Futures Market: Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles A spike is: A wide difference between the spike high and the highs of the preceding and succeeding days. A close near the low of the day's range. A substantial price advance preceding the spike's formation. The more extreme each of these conditions, the greater the likelihood that a spike high will prove to be an important relative high or even a major top. (inverse is true for lows, basically) Enjoy!
Wskaźnik Pine Script®
od lvturner
6
RSI based trend follower I'm a fan of "less is more". This indicator doesn't mess up your chart with lines, symbols, moving averages or such; it doesn't even add another oscillator in a separate window, letting you focus only on what is most important: price action. It will silently do its job by plotting an arrow (upward arrow for long triggers and downward arrow for short triggers). It works really great with strong trending markets on higher time frames, so it gives its best on Stocks on a daily/weekly frame; consider it a long term trading indicator.
Wskaźnik Pine Script®
od LorenzoDecaria
5
Double Top Chart Pattern detector with alert Double top is a very common chart pattern, as its name indicates, it consists of two tops, and these two tops need to be in a relative flat price level. One of the top can't be much higher or lower than the other. This indicator will detect and highlight double top pattern automatically on chart and alert you via SMS, email and sound. Features: Adjust the threshold between two tops. Adjust the number of bars used to form each top. Check if the first top is the highest in a given number of bars Adjust the number of bars between two tops. Switch of alert. A detailed instruction will show you how to properly adjust each input. It works on all timeframes and any symbol. You can also load more than one with different inputs to get more results on chart.
Wskaźnik Pine Script®
od Patternsmart
42
Tops/BottomsUsing Modified code from Lazybear's CVI 0.17% indicator and some logic, this script can help identify value buy and sell opportunities at a very early phase. Best used as a confirmation tool. This is a beta, so use it as such. Enjoy. Sometimes "top" indications in an uptrend mean to look for an opportunity to add to position while "bottom" indications during a downtrend can represent the same thing. The trend is your friend, use it to your advantage! Red star above bar == potential top Green star below bar == potential bottom
Wskaźnik Pine Script®
od LARP_Capital
34
MACD Divergence MultiTimeFrame [FantasticFox]This is a MACD divergence on 3 time-frames, 1h, 4h and 1D. Please insert the indicator into a 1h chart, otherwise change the lengths' inputs. you will see H1,H2, H3, R1, R2 and R3 in green and maroon colors. H means hidden divergence, 1 regards to 1h, 2 to 4h, and 3 to 1D. If the color is green, its bullish, and if its maroon the divergence is bearish. Gray circles on 4h macd is for those traders who want to check the confirmation on Elliott wave changes. *Thanks to RicardoSantos MACD divergence.
Wskaźnik Pine Script®
od FantasticFox
27