Ichimoku Cloud SmoothedThis smoothed version of the Ichimoku Cloud uses exponential moving averages (EMAs) of the HL2 price (average of high and low) for calculations rather than the traditional high-low calculation method. This simple modification creates a smoother, more responsive Ichimoku Cloud that reduces noise while enhancing trend identification.
Analizy Trendu
Multi-Timeframe Trend Table - DOTANMulti Timeframe Trend Signal table - Wizord_KS
"Multi-Timeframe Trend Table"
This Pine Script indicator displays a table on the TradingView chart that shows the trend direction (Bullish/Bearish) across multiple timeframes. The trend is determined using a Simple Moving Average (SMA).
🔹 Key Features of the Script
Calculates trend direction based on SMA for:
The current timeframe.
10 different user-defined timeframes.
Determines a "Main Signal" based on trend strength:
Counts the number of bullish and bearish trends across all timeframes.
Uses this count to generate an overall market sentiment (Bullish, Bearish, or Neutral).
The strength of the main signal determines its background transparency.
Displays a table in the top-right corner of the chart showing:
The main trend signal (aggregated from multiple timeframes).
The trend for the current timeframe.
The trend for each of the 10 selected timeframes.
Çoklu İndikatör Alım-Satım Sinyalleriİndikatör hala:
5 farklı teknik göstergenin sinyallerini birleştirir
0-5 arası puanlama yapar
Basit ve anlaşılır alım-satım sinyalleri üretir
GÜÇLÜ AL/SAT, AL/SAT, ZAYIF AL/SAT veya BEKLE şeklinde etiketler gösterir
Sinyalin gücüne göre çubuk grafik renklendirir
24-hour VolumeThis is a great tool for momentum/volume traders. The bars will turn red when the first bar goes down after a huge influx of volume
Candle Size Alertت وضیحات برای انتشار ابزار در TradingView
🔹 نام ابزار: Candle Size Alert
🔹 توضیحات:
این اندیکاتور برای شناسایی کندلهای بزرگ طراحی شده است. این ابزار میانگین اندازهی ۱۰ کندل گذشته را محاسبه کرده و اگر کندل فعلی ۳ برابر میانگین کندلهای قبلی باشد، یک لیبل هشدار در بالای کندل نمایش میدهد. همچنین میتوان هشدارهای معاملاتی را از طریق alertcondition() فعال کرد.
🔹 ویژگیها:
✅ امکان تغییر تعداد کندلهای محاسبه شده (پیشفرض: ۱۰)
✅ امکان تنظیم ضریب حساسیت (پیشفرض: ۳ برابر)
✅ نمایش لیبل هشدار در بالای کندلهای بزرگ
✅ پشتیبانی از هشدارهای خودکار (AlertCondition)
⚠️ نکته: این اندیکاتور فقط برای تحلیل استفاده میشود و سیگنال خرید یا فروش ارائه نمیدهد.
🔹 Indicator Name: Candle Size Alert
🔹 Description:
This indicator detects large candles by calculating the average size of the last 10 candles. If the current candle is 3 times larger than the average of the previous candles, a warning label appears above the candle. Additionally, automated alerts can be triggered using alertcondition().
🔹 Features:
✅ Adjustable candle count for calculations (default: 10)
✅ Customizable sensitivity multiplier (default: 3x)
✅ Visual alert label above large candles
✅ Supports automated alerts (AlertCondition)
⚠️ Note: This indicator is for analysis purposes only and does not provide buy/sell signals.
Flat Tenkan-sen MarkerThis Pine Script indicator identifies and marks periods where the Tenkan-sen line of the Ichimoku system becomes flat, signaling potential consolidation phases. Users can specify the minimum number of consecutive flat candles required to trigger these markers, aiding in the detection of ranging markets and potential support or resistance zones
OrangeCandle Multi-Wave Trend AnalyzerThis script, titled "OrangeCandle Multi-Wave Trend Analyzer", combines three widely used technical analysis indicators to help traders analyze trends, overbought/oversold conditions, and volume. Below is a breakdown of the components of this multi-indicator system:
1. Elliott Wave Oscillator (EWO):
Purpose: To measure the strength of the trend by comparing two simple moving averages (SMAs) of different lengths.
Parameters:
SMA Short: The shorter SMA (default length is 5).
SMA Long: The longer SMA (default length is 35).
Show Dif as Percent: Option to display the difference as a percentage of the current candle.
Calculation:
The difference between the short-term SMA and the long-term SMA is plotted as a histogram.
If the result is positive, the plot is green (indicating upward momentum), and if it's negative, the plot is red (indicating downward momentum).
Plot: A histogram representing the difference between the two SMAs, indicating trend strength.
2. WaveTrend Indicator:
Purpose: To detect overbought and oversold conditions in the market.
Parameters:
WT Channel Length: The length for the calculation of the WaveTrend channel (default is 10).
WT Average Length: The length for the WaveTrend smoothing (default is 21).
Calculation:
The script uses a series of exponential moving averages (EMAs) and absolute deviations to calculate the WaveTrend values.
WT1 and WT2 are calculated with different smoothing factors to create a channel.
WaveTrend Diff (the difference between WT1 and WT2) is also plotted as an area chart.
Crosses: When WT1 crosses above WT2, it’s a potential buy signal (represented by a black circle on the plot). When WT1 crosses below WT2, it’s a potential sell signal.
Bar Colors: The bars on the chart change color to indicate bullish (aqua) or bearish (yellow) momentum when a crossover occurs.
Plot:
WT1 and WT2 are plotted as lines.
The difference between WT1 and WT2 is plotted as an area chart.
A black circle marks the crossovers.
3. Volume-Supported Linear Regression Trend:
Purpose: To analyze the trend of price and volume by comparing short-term and long-term slopes.
Parameters:
Short-Term Length: Length of the short-term trend (default is 20).
Long-Term Length: Length of the long-term trend (default is 50).
Calculation:
Slope Price: Measures the linear regression of the price for both short-term and long-term periods.
Slope Volume: Calculates the linear regression of volume based on buying and selling volume, considering whether the price is closing up or down.
Trend Detection: The script calculates the slope of the price and volume for both short and long periods, with positive slopes indicating an uptrend and negative slopes indicating a downtrend.
Plot:
Short-Term Trend: Plots a green/red column for short-term price trends, where green indicates upward momentum and red indicates downward momentum.
Long-Term Trend: Plots a blue/orange line for long-term price trends, with blue indicating an uptrend and orange indicating a downtrend.
Summary:
This script provides a multi-faceted analysis tool by combining the following:
Elliott Wave Oscillator (EWO): Measures trend strength based on short-term and long-term SMAs.
WaveTrend Indicator: Identifies overbought and oversold conditions, with buy and sell signals indicated by crossovers of WT1 and WT2.
Volume-Supported Linear Regression Trend: Analyzes the trend direction of price and volume for both short-term and long-term periods.
Visualization:
The EWO is shown as a histogram that shifts color based on trend direction.
The WaveTrend Indicator is represented with two lines (WT1 and WT2), an area chart for the difference, and visual signals for crossovers.
The Volume-Supported Linear Regression Trend shows short-term and long-term price trends with colored bars for short-term trends and lines for long-term trends.
This indicator is designed to help traders identify trends, overbought/oversold conditions, and volume-driven price movements, providing a comprehensive view of the market.
TJR SEEK AND DESTROYTJR SEEK AND DESTROY – Intraday ICT Trading Tool
Built for day traders, TJR SEEK AND DESTROY combines Smart Money concepts like order blocks, fair value gaps, and liquidity sweeps with structure breaks and daily bias to pinpoint high-probability trades during US market hours (9:30–16:00). Ideal for scalping or intraday strategies on stocks, futures, or forex.
What Makes It Unique?
Unlike standalone ICT indicators, this script integrates:
Order Blocks with volume and range filters for precise support/resistance zones.
Fair Value Gaps (FVG) to spot pre-market price imbalances.
Break of Structure (BOS) and Liquidity Sweeps for trend and reversal signals.
A 1H MA-based Bias to align trades with the day’s direction.
BUY/SELL Labels triggered only when bias, BOS, and sweeps align, reducing noise.
How Does It Work?
Order Blocks: Marks zones with high volume (>1.5x 20-period SMA) and low range (<0.5x ATR20) as teal boxes—potential reversal points.
Fair Value Gap: Compares the prior day’s close to the current open (pre- or post-9:30), shown as a purple line and label (e.g., "FVG: 0.005").
Pivot Point: Calculates (prevHigh + prevLow + prevClose) / 3 from the prior day, plotted as an orange line for equilibrium.
Break of Structure: Detects crossovers of 5-bar highs/lows (gray lines), marked with red triangles.
Liquidity Sweeps: Tracks breaches of the prior day’s high/low (yellow lines), marked with yellow triangles.
Daily Bias: Uses 1H close vs. 20-period MA (blue line) for bullish (green background), bearish (red), or neutral (gray) context.
Signals: BUY (green label) when bias is bullish, price breaks up, and sweeps the prior high; SELL (red label) when bias is bearish, price breaks down, and sweeps the prior low.
How to Use It
Setup: Apply to 1M–15M charts for US session trading (9:30–16:00 EST).
Trading:
Wait for a BUY label after a yellow sweep triangle above the prior day’s high in a green (bullish) background.
Wait for a SELL label after a yellow sweep triangle below the prior day’s low in a red (bearish) background.
Use order blocks (teal boxes) as support/resistance for stop-loss or take-profit.
Markets: Best for SPY, ES futures, or forex pairs with US session volatility.
Underlying Concepts
Order Blocks: High-volume, low-range bars suggest institutional activity.
FVG: Gaps between close and open indicate imbalance to be filled.
BOS & Sweeps: Price breaking key levels signals momentum or stop-hunting.
Bias: 1H MA filters trades by broader trend.
Chart Setup
Displays order blocks (teal boxes), pivot (orange), open (purple), bias (colored background), BOS/sweeps (triangles), and signals (labels). Keep other indicators off for clarity.
SAR Distance with TrendBy comparing the closing price to the SAR, the indicator visually distinguishes bullish (price above SAR) from bearish (price below SAR) conditions. This immediate visual cue helps traders quickly assess the prevailing market trend.
A sudden change in the distance, especially when accompanied by a change in the trend color (from green to red or vice versa), could alert traders to a potential reversal. This can be used as an early warning to tighten stop-loss orders or exit a position.
Blaster Fx - first fvgتحديد الفجوة السعرية الاولة بعد افتتاح نيويورك
والتي ستكون بمثابة دعم ومقاومة للسعر
بعد ان نقوم بتحديد الاتجاه وتحيز اليوم
سوف نري ان السعر يرفض كسر 50% من الفجوة السعرية
وقف الخسارة يكون دائما اسفلها ب5 نقاط
في حال كسر الفجوة ننظر السعر العودة لها ونقوم بالدخول عند رؤية مقومة للسعر
نتشرف بالجميع في جروب Blaster Fx على التلجرام
OrangeCandle 4EMA 55 + Fib Bands + SignalsThe script is a TradingView indicator that combines three popular technical analysis tools: Exponential Moving Averages (EMAs), Fibonacci bands, and buy/sell signals based on these indicators. Here’s a breakdown of its features:
1. EMA Settings and Calculation:
The script calculates and plots several Exponential Moving Averages (EMAs) on the chart with different lengths:
Short-term EMAs: EMA 9, EMA 13, EMA 21, and EMA 55 (used for tracking short-term price trends).
Long-term EMAs: EMA 100 and EMA 200 (used to analyze longer-term trends).
These EMAs are plotted with different colors to visually distinguish between the short-term and long-term trends.
2. Fibonacci Bands:
The script calculates Fibonacci Bands based on the Average True Range (ATR) and a Simple Moving Average (SMA).
Fibonacci factors (1.618, 2.618, 4.236, 6.854, and 11.090) are used to determine the upper and lower bounds of five Fibonacci bands.
Upper Fibonacci Bands (e.g., fib1u, fib2u) represent resistance levels.
Lower Fibonacci Bands (e.g., fib1l, fib2l) represent support levels.
These bands are plotted with different colors for each level, helping traders identify potential price reversal zones.
3. Buy and Sell Signals:
Long Condition: A buy signal occurs when the price crosses above the EMA 55 (long-term trend indicator) and is above the lower Fibonacci band (support zone).
Short Condition: A sell signal occurs when the price crosses below the EMA 55 and is below the upper Fibonacci band (resistance zone).
These conditions trigger visual signals on the chart (green arrow for long, red arrow for short).
4. Alerts:
The script includes alert conditions to notify the trader when a long or short signal is triggered based on the crossover of price and EMA 55 near the Fibonacci support or resistance levels.
Long Entry Alert: Triggers when the price crosses above the EMA 55 and is near a Fibonacci support level.
Short Entry Alert: Triggers when the price crosses below the EMA 55 and is near a Fibonacci resistance level.
5. Visualization:
EMAs are plotted with distinct colors:
EMA 9 is aqua,
EMA 13 is purple,
EMA 21 is orange,
EMA 55 is blue (with thicker line width for emphasis),
EMA 100 is gray,
EMA 200 is black.
Fibonacci bands are plotted with different colors for each level:
Fib Band 1 (upper and lower) in white,
Fib Band 2 in green (upper) and red (lower),
Fib Band 3 in green (upper) and red (lower),
Fib Band 4 in blue (upper) and orange (lower),
Fib Band 5 in purple (upper) and yellow (lower).
Summary:
This script provides a comprehensive strategy for analyzing the market with multiple EMAs for trend detection, Fibonacci bands for support/resistance, and signals based on price action in relation to these indicators. The combination of these tools can assist traders in making more informed decisions by providing potential entry and exit points on the chart.
Support & Resistance Breakout AlertLooks at prev 15 min high and low and identifies breakouts or breakdowns
Mk Thick Bars# MK Thick Bars
A clean, professional bar chart indicator with customizable moving averages inspired by professional charting platforms.
## Features
### Custom Bars
• Full-body bars for clear price action visualization
• Left tick marks to indicate closing prices
• Customizable colors for bullish and bearish bars
• Adjustable transparency
• Option to color based on close vs. open or close vs. previous close
### Moving Averages
• 10 EMA (Exponential Moving Average)
• 21 EMA (Exponential Moving Average)
• 50 SMA (Simple Moving Average)
• 200 SMA (Simple Moving Average)
• Individual toggle and color customization for each MA
## How to Use
1. Add the indicator to your chart
2. Customize appearance in settings:
- Toggle custom bars and left tick
- Adjust transparency
- Customize colors
- Enable/disable specific moving averages
## Benefits
• Reduced visual noise compared to traditional candlesticks
• Clear trend identification with customizable moving averages
• Professional appearance similar to institutional trading platforms
• Works on all timeframes and instruments
Sentezlenmiş Al/Sat Sinyali (Düzenlenmiş)MACD: MACD çizgisi ile sinyal çizgisinin kesişimi esas alınarak sinyaller oluşturuluyor.
ADX/DI: DI+ ve DI-’nin kesişimi, ADX’in belirli bir eşik üzerinde olması durumunda sinyal veriyor.
WaveTrend: WaveTrend göstergesinde, wt1’in wt2’yi yukarı kesmesi AL, aşağı kesmesi SAT sinyali olarak kullanılıyor.
Squeeze Momentum: Hesaplanan momentum göstergesinde, değer sıfır çizgisini yukarı geçtiğinde AL, aşağı geçtiğinde SAT sinyali üretiyor.
Birleştirme: Her göstergenin sinyaline oy veriliyor. Dört gösterge içinden en az üç’ünün aynı yönde sinyal vermesi durumunda (oy çokluğu) composite (bileşik) sinyal üretiliyor.
Bu kod, grafik üzerinde sadece AL ve SAT sinyallerini gösterecek şekilde sadeleştirilmiştir. İhtiyaçlarınıza göre parametrelerde ayarlama yapabilir veya oy çokluğu eşiğini değiştirebilirsiniz.
Liquidity Channels [TFO]1. Indicator Declaration:
indicator("Liquidity Channels ", "Liquidity Channels ", true, max_lines_count = 500)
This defines the name of the indicator as "Liquidity Channels " and sets the maximum number of lines to 500.
2. Input Variables:
bsl_color & ssl_color: These allow you to set the colors for bullish (liquidity highs) and bearish (liquidity lows) levels.
ps: Defines the "Liquidity Strength," i.e., how many bars to the left and right should the local high/low be valid for liquidity.
exag: Controls the size of the expanding channels. Higher values make the liquidity levels grow more.
del_untouched, del_after: Options to delete liquidity levels that were never traded through after a certain number of bars.
hide_channel: If true, hides the expanding channels.
line_style, line_width: Customizes the line style and width for the liquidity levels.
3. ATR Calculation:
atr = ta.atr(100) / 1000: This calculates the Average True Range (ATR) for 100 bars and scales it down.
4. Line Style Logic:
The switch statement assigns a line style based on the input (Solid, Dashed, Dotted).
5. Liquidity Type (liq):
liq is a custom type that holds:
price: Array of liquidity prices.
idx: Array of the bar index for each liquidity level.
diag: Array for diagonal lines showing channel growth.
hrz: Array for horizontal lines showing liquidity levels.
6. Methods:
add_liq: Adds a new liquidity level by saving the price and index, drawing a horizontal line at the liquidity price, and optionally adding a diagonal line showing channel expansion.
del_liq: Deletes a liquidity level by removing the price, index, and line (horizontal and diagonal).
update_liq: Updates the liquidity levels, extending the lines to the current bar index. If the liquidity level is outdated (based on the del_after setting) or the price is breached, it deletes the level.
7. Pivot Detection:
piv_hi: Detects if there is a pivot high (local high) based on the liquidity strength.
piv_lo: Detects if there is a pivot low (local low) based on the liquidity strength.
8. Logic for Adding Liquidity Levels:
If a pivot high (piv_hi) is detected, it adds a liquidity level at the high of that pivot using BSL.add_liq().
If a pivot low (piv_lo) is detected, it adds a liquidity level at the low of that pivot using SSL.add_liq().
9. Update Liquidity Levels:
The script calls BSL.update_liq(true) for bullish liquidity levels and SSL.update_liq(false) for bearish liquidity levels to update and possibly remove old or breached liquidity levels.
How to Use:
The script automatically identifies and plots liquidity levels (highs and lows) based on the price action.
You can customize the strength of liquidity, the appearance of lines, and how long the liquidity levels remain visible.
The expanding channel lines show how liquidity levels grow over time, providing dynamic visual references.
Important Notes:
You can adjust the ps parameter to control how many bars to the left and right must be higher or lower than the current bar for the level to be considered valid.
The exag parameter allows you to control how much the channel expands.
Liquidity levels that are never traded through can be automatically deleted after a specific period.
This script can be useful for traders looking to identify liquidity areas that could act as support/resistance or where price might react.
Candlestick Pattern with Trend ConfirmationBelow is the TradingView Pine Script code that detects various candlestick patterns based on the trend direction. The script will highlight bullish and bearish patterns on the 4-hour chart, and it will only trigger the relevant patterns if they occur in the correct trend direction.
The basic idea is:
Bullish Patterns like bullish engulfing, morning star, hammer, and piercing line are only valid in an uptrend.
Bearish Patterns like bearish engulfing, evening star, shooting star, and dark cloud cover are only valid in a downtrend.
The trend will be determined using a 50-period simple moving average (SMA).
Persistent Fractals with Crossed StylesFraktal Indikator wo die von den Fraktalen jeweils Linien gezogen werden, bis zu von einer Kerze gekreuzt/rausgenommen wird.
MK FractalsFraktal Indikator wo die von den Fraktalen jeweils Linien gezogen werden, bis zu von einer Kerze gekreuzt/rausgenommen wird. Hier werden die Linien der rausgenommenen Fraktale gelöscht.
Triple Doji SequenceThe Triple Doji Sequence indicator helps traders identify consecutive Doji candlestick patterns, allowing them to choose between spotting single, double, or triple Dojis. A Doji is detected when the candle's body is small relative to its wicks, with either the upper or lower wick being significantly larger. Users can customize their own Doji criteria by adjusting the body size and wick dominance settings. The indicator ensures that consecutive Dojis align in the same direction before confirming a valid pattern, making it easier to identify market indecision or potential trend reversals.
When the chosen Doji sequence is detected, the indicator plots a star (*) above bearish Dojis (upper wick dominant) and below bullish Dojis (lower wick dominant). It also sends alerts when a valid sequence is confirmed at the close of the bar. This tool helps traders refine their strategy by spotting repeated Doji formations, which may indicate key turning points or continuation patterns in price action.
How to Use the Triple Doji Sequence Indicator?
Apply the Indicator:
Add the Triple Doji Sequence indicator to your TradingView chart.
It will automatically scan for Doji patterns based on your settings.
Customize Your Doji Criteria:
Adjust the body size and wick dominance settings to define what qualifies as a Doji.
Choose whether to detect single, double, or triple Doji sequences.
Interpret the Signals:
A star (*) above a candle signals a bearish Doji (upper wick dominant).
A star (*) below a candle signals a bullish Doji (lower wick dominant).
Set Up Alerts:
Enable alerts to receive notifications when a Doji sequence is confirmed at bar close.
Choose alert frequency based on your trading strategy (e.g., once per bar, once per bar close).
Use in Trading Strategy:
Doji sequences can indicate trend reversals or market indecision.
Combine this indicator with support/resistance levels, volume, or other indicators to confirm signals.
PS: Good luck in finding a Triple Doji :)
RSI & MACD Combo IndicatorThe RSI & MACD Combo Indicator is designed to help traders identify high-probability trend reversal points by combining the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD).
How It Works:
Buy Signal 🟢:
RSI is below 35 (oversold condition).
MACD crosses above the signal line (bullish crossover).
Sell Signal 🔴:
RSI is above 65 (overbought condition).
MACD crosses below the signal line (bearish crossover).
Features:
✅ Customizable RSI & MACD settings.
✅ Background color highlights buy/sell zones.
✅ Alerts for buy and sell signals.
✅ ATR-based labels for trade entries.
This indicator helps traders confirm momentum shifts and avoid false breakouts by requiring confluence between momentum (RSI) and trend confirmation (MACD).
MSNR Trendline 3rd Touch MTF//@version=5
indicator("MSNR Trendline 3rd Touch MTF", overlay=true)
// 🎯 Multi Timeframe Source (Line Chart ke liye Close Price Use)
tf = input.timeframe("15", title="Higher Timeframe") // MTF selection
line_chart = request.financial(syminfo.tickerid, tf, "close") // request.security ko update kiya
// 🏆 Swing Highs & Lows (Market Structure)
left_bars = 10
right_bars = 5
swing_high = ta.pivothigh(line_chart, left_bars, right_bars)
swing_low = ta.pivotlow(line_chart, left_bars, right_bars)
// 🟢 Trendline Points Store
var float point1_high = na
var float point2_high = na
var float point3_high = na
var float point1_low = na
var float point2_low = na
var float point3_low = na
// 📌 1st & 2nd Touch Store Karna
if not na(swing_high)
point1_high := nz(point2_high, swing_high)
point2_high := swing_high
if not na(swing_low)
point1_low := nz(point2_low, swing_low)
point2_low := swing_low
// ✅ 3rd Touch Detect (Valid Entry)
third_touch_high = line_chart <= point1_high and line_chart <= point2_high
third_touch_low = line_chart >= point1_low and line_chart >= point2_low
if third_touch_high
point3_high := line_chart
if third_touch_low
point3_low := line_chart
// ✍️ Trendline Draw (Sirf 3rd Touch Valid)
var line trendline_high = na
var line trendline_low = na
if not na(point1_high) and not na(point2_high)
trendline_high := line.new(x1=bar_index , y1=point1_high, x2=bar_index, y2=point2_high, width=2, color=color.red)
if not na(point1_low) and not na(point2_low)
trendline_low := line.new(x1=bar_index , y1=point1_low, x2=bar_index, y2=point2_low, width=2, color=color.green)
// 🎯 Entry Confirmation (3rd Touch Price & Time)
if third_touch_high
label.new(bar_index, point3_high, "ENTRY 🔴 Price: " + str.tostring(point3_high) + " Time: " + str.tostring(time), color=color.red, textcolor=color.white, size=size.small)
if third_touch_low
label.new(bar_index, point3_low, "ENTRY 🟢 Price: " + str.tostring(point3_low) + " Time: " + str.tostring(time), color=color.green, textcolor=color.white, size=size.small)
Smart Scalper Indicator🎯 How the Smart Scalper Indicator Works
1. EMA (Exponential Moving Average)
EMA 10 (Blue Line):
Shows the short-term trend.
If the price is above this line, the trend is bullish; if below, bearish.
EMA 20 (Orange Line):
Displays the longer-term trend.
If EMA 10 is above EMA 20, it indicates a bullish trend (Buy signal).
2. SuperTrend
Green Line:
Represents support levels.
If the price is above the green line, the market is considered bullish.
Red Line:
Represents resistance levels.
If the price is below the red line, the market is considered bearish.
3. VWAP (Volume Weighted Average Price)
Purple Line:
Indicates the average price considering volume.
If the price is above the VWAP, the market is strong (Buy signal).
If the price is below the VWAP, the market is weak (Sell signal).
4. ATR (Average True Range)
Used to measure market volatility.
An increasing ATR indicates higher market activity, enhancing the reliability of signals.
ATR is not visually displayed but is factored into the signal conditions.
⚡ Entry Signals
Green Up Arrow (Buy):
EMA 10 is above EMA 20.
The price is above the SuperTrend green line.
The price is above the VWAP.
Volatility (ATR) is increasing.
Red Down Arrow (Sell):
EMA 10 is below EMA 20.
The price is below the SuperTrend red line.
The price is below the VWAP.
Volatility (ATR) is increasing.
🔔 Alerts
"Buy Alert" — Notifies when a Buy condition is met.
"Sell Alert" — Notifies when a Sell condition is met.
✅ How to Use the Indicator:
Add the indicator to your TradingView chart.
Enable alerts to stay updated on signal triggers.
Check the signal:
A green arrow suggests a potential Buy.
A red arrow suggests a potential Sell.
Set Stop-Loss:
Below the SuperTrend line or based on ATR levels.
Take Profit:
Target 1-2% for short-term trades.