Weighted Close SumWeighted Close Sum Indicator - Overview
The Weighted Close Sum Indicator is a dynamic and adaptive technical tool designed to analyze price action by incorporating a volatility-adjusted weighted smoothing approach. Unlike traditional moving averages, this indicator adjusts its smoothing length based on market volatility, making it highly responsive to price fluctuations while maintaining accuracy in trend detection.
How It Works
Dynamic Length Adjustment Using ATR:
The indicator calculates the Average True Range (ATR) over a default period of 14 to gauge market volatility.
A dynamic smoothing length is computed based on the user-defined length and a volatility multiplier, allowing the indicator to adapt to changing market conditions.
Formula:
Dynamic Length=Length×(1+ATRClose Price×Multiplier)
Dynamic Length=Length×(1+Close PriceATR×Multiplier)
Cosine-Weighted Smoothing:
A set of weights is calculated using a cosine function to create a smooth and responsive weighting curve.
These weights are then applied to past closing prices, emphasizing recent data while retaining a natural tapering effect for older data points.
Weighted Close Sum Calculation:
The final value, known as the Cumulative Sum of Moving Averages (CSMA), is computed by multiplying the closing prices with their corresponding weights and summing them up.
This results in a smooth representation of price trends that dynamically adjusts based on market conditions.
How to Use the Indicator
Trend Identification:
Rising values of the Weighted Close Sum indicate an uptrend, while declining values suggest a downtrend.
Volatility Sensitivity:
The adaptive length ensures that the indicator responds faster during high volatility and smooths out during calmer periods, making it suitable for trend-following strategies.
Customizable Parameters:
Length: Controls the base period for calculation. A higher length provides smoother outputs, while a lower value makes the indicator more sensitive.
Volatility Multiplier: Adjusts the sensitivity of the indicator to price fluctuations. A higher multiplier increases responsiveness during volatile periods.
震荡指标
DeltaAlgo v1This is a Momentum based Indicator, gives you trade signals at Swing High/Swing Low candle, you have to add this Indicator twice, first one for current time frame and another for higher time frame,
This indicator is suitable for various trading strategies, including day trading, swing trading and long-term investment
TIME FRAME SELECTION
1. For Long-term Investment
a)Current TF - monthly
b) Higher TF - 3 month OR 6 month
2. For Day trading/Swing Trading
a)Current TF - 2 hours/Daily
b) Higher TF - Weekly/Monthly OR 3 month
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9/21 EMA_DSWThe 9 and 21 EMA strategy involves using the 9-day and 21-day exponential moving averages to identify potential buy and sell signals. A buy signal is generated when the 9 EMA crosses above the 21 EMA, and a sell signal is generated when the 9 EMA crosses below the 21 EMA.
RSI, ADX, DI & Bollinger Bands Screener [deepakks444]### **Indicator Name:**
**RSI, ADX, DI & Bollinger Bands Screener **
---
### **Purpose:**
This indicator combines several popular technical analysis tools, including RSI, ADX, DI, Bollinger Bands, and Moving Averages, to create a comprehensive screener for identifying potential trading opportunities. It also detects divergences and crossover signals for better entry and exit decisions.
---
### **Key Features:**
1. **RSI (Relative Strength Index):**
- Configurable for up to three different timeframes and lengths.
- Highlights RSI values crossing specific thresholds (e.g., 58 and 42) to signal potential momentum changes.
- Includes visual markers for RSI values overbought, oversold, and divergence detection.
2. **ADX and DI (Directional Movement Index):**
- Tracks ADX values and compares +DI and -DI to assess trend strength and direction.
- Configurable thresholds for ADX and DI levels.
- Dynamic midline plotted at 50 for easy trend visualization.
3. **Bollinger Bands:**
- Provides real-time Bollinger Bands with adjustable length and standard deviation multipliers.
- Detects and alerts when prices cross above or below Bollinger Bands for breakout or reversal signals.
4. **Divergence Detection:**
- Identifies bullish and bearish RSI divergences for potential reversal zones.
- Displays visual markers for divergences directly on the chart.
5. **Customizable Moving Averages (MA):**
- Supports multiple MA types: SMA, EMA, SMMA (RMA), WMA, and VWMA.
- Dynamically changes MA color based on price position relative to the MA.
6. **Alerts:**
- Built-in alert conditions for:
- RSI crossing key levels (58, 42).
- Price crossing Bollinger Bands or moving averages.
- ADX crossing user-defined thresholds.
- Divergences and directional signals (+DI > -DI or vice versa).
- Long and Short signals triggered by combined conditions.
7. **Multi-Symbol Screener:**
- Monitors up to 13 user-defined symbols across multiple timeframes.
- Displays key metrics like RSI for each symbol and timeframe in a tabular format.
- Highlights symbols meeting specific conditions (e.g., RSI overbought/oversold).
8. **User-Friendly Interface:**
- Configurable table position for screener output.
- Adjustable column width and screener position.
- Customizable parameters for every technical indicator and timeframe.
---
### **Inputs and Customization:**
#### **RSI Settings:**
- Configurable lengths for three timeframes (e.g., 14-period RSI for 15m, 1h, and daily charts).
- Overbought and oversold thresholds (default: 60 for overbought, 40 for oversold).
#### **Bollinger Bands Settings:**
- Adjustable length (default: 20) and standard deviation multiplier (default: 2.0).
#### **ADX Settings:**
- Adjustable ADX period, smoothing period, and DI length.
- User-defined ADX threshold to identify strong trends.
#### **Moving Average Settings:**
- Select from various MA types (e.g., SMA, EMA, SMMA, WMA, VWMA).
- Configurable MA length for precise adjustments.
#### **Divergence Detection Settings:**
- User-configurable RSI lookback periods to identify divergence.
- Option to enable or disable divergence detection.
#### **Multi-Symbol Screener:**
- Add up to 13 custom symbols for monitoring.
- Flexible timeframe selection for each symbol.
#### **Display Settings:**
- Choose table position (Top/Bottom Right or Left).
- Customize table column width and screener number.
---
### **Plots and Visuals:**
1. **RSI Panel:**
- Displays RSI values for each symbol and timeframe.
- Highlights RSI values exceeding overbought/oversold thresholds or crossing key levels.
2. **Bollinger Bands:**
- Plots the basis, upper, and lower bands.
- Fills the area between the bands for better visualization of price action.
3. **Moving Average (Dynamic):**
- MA line plotted with dynamic color indicating price position (green for above, red for below).
4. **ADX and DI:**
- Plots ADX and directional lines (+DI, -DI) with dynamic colors based on trend strength.
5. **Divergences:**
- Visual markers for bullish and bearish RSI divergences.
6. **Signals:**
- Buy and Sell markers plotted when signals are triggered.
---
### **Alert Conditions:**
1. **RSI Alerts:**
- RSI crosses above 58 or below 42.
2. **Bollinger Bands Alerts:**
- Price crosses above or below Bollinger Bands.
3. **MA Alerts:**
- Price crosses above or below the selected moving average.
4. **ADX Alerts:**
- ADX crosses above or below the user-defined threshold.
5. **Divergence Alerts:**
- Bullish and Bearish RSI divergence detected.
6. **Trend Signals:**
- Long signal (RSI > 50, +DI > -DI, ADX > threshold).
- Short signal (RSI < 50, -DI > +DI, ADX > threshold).
---
### **How to Use:**
1. Configure the input settings according to your trading strategy.
2. Add up to 13 symbols and define the timeframes you want to monitor.
3. Enable or disable specific features like divergence detection, screener panel, and smoothing.
4. Use the screener table to identify actionable setups quickly.
5. Set alerts for key conditions like RSI levels, price crossovers, and trend signals.
---
### **Best Practices:**
- Combine the screener's output with your trading strategy for better decision-making.
- Use the divergence signals to spot potential reversals early.
- Monitor ADX levels to trade during strong trending markets.
- Configure RSI and Bollinger Band settings to suit the market conditions and asset class.
---
This indicator is a powerful tool for traders seeking a comprehensive analysis of multiple symbols using a combination of RSI, ADX, DI, Bollinger Bands, and Moving Averages. It is especially useful for those looking to detect divergences and receive actionable alerts for improved trading performance.
Disclaimer:
This indicator is designed for educational purposes only and should not be interpreted as financial advice or a recommendation to buy, sell, or hold any financial instrument.
Trading and investing in financial markets involve substantial risks and are not suitable for all investors.
Users are encouraged to perform their own research and consult with a licensed financial advisor or professional before making any trading or investment decisions.
The developer of this script and TradingView are not responsible for any financial losses or decisions based on the use of this indicator.
Past performance is not indicative of future results.
By using this indicator, you acknowledge and accept that you are solely responsible for your own trading and investment decisions. Always trade responsibly and within your financial means.
RSI+MACD ConfluenceThis RSI+MACD Confluence indicator combines the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) into a single, easy-to-interpret overlay on the price chart.
This indicator uses color-coded bars to visualize the alignment of RSI and MACD conditions, helping to quickly assess market momentum and trend strength.
Key Features:
1. Customizable RSI Threshold:
Allows users to define the RSI level (default: 50) that signals bullish or bearish momentum.
2. MACD Trend Confirmation:
Compares the MACD line with its signal line to determine whether the trend is bullish (MACD line above signal line) or bearish.
3. Color-Coded Bars:
- Green: Strong bullish momentum (RSI above threshold and MACD line above signal line).
- Gray: Mixed signals (only one of the two conditions is met).
- Red: Bearish momentum (neither condition is met).
Potential Use Cases:
1. Trend Confirmation:
The indicator helps traders identify when both RSI and MACD align in the same direction, signaling stronger trend confidence.
2. Entry and Exit Signals:
- Entry: Look for green bars, indicating alignment in bullish momentum and trend direction.
- Exit or Avoid: Watch for red bars, which signal weakening momentum or bearish conditions.
3. Momentum Analysis:
- Gray bars provide a visual cue for indecision or transitioning phases, which can help identify potential turning points in the market.
4. Scalping and Swing Trading:
- Ideal for short-term traders looking for quick visual cues to confirm trade setups.
- Swing traders can use the indicator to stay in trades longer when green bars persist.
5. Visual Simplification:
- By integrating RSI and MACD conditions into a color-coded overlay, the indicator simplifies complex analysis and reduces the need to monitor separate RSI and MACD windows.
Benefits:
- Flexibility: Adjustable RSI threshold and MACD parameters allow traders to fine-tune the indicator for various markets and timeframes.
- Clarity: Simplifies the combination of momentum (RSI) and trend-following (MACD) tools into a single visual representation.
- Ease of Use: Suitable for traders of all experience levels, from beginners to advanced users.
This indicator is a versatile tool for spotting high-probability trading opportunities by combining two widely-used technical analysis metrics into a cohesive visualization.
AkiSignals PD Ratio Momentum StrategyDescription: Unlock the power of market momentum with the AkiSignals PD Ratio Momentum Strategy. This proprietary strategy leverages the Price-Divergence Ratio (PD) to identify optimal entry points for both long and short trades. Built with precision and designed for traders who value accurate, data-driven trading signals, this tool is tailored for maximum profitability.
How It Works:
Short-Term vs. Long-Term EMAs: The strategy compares short-term and long-term Exponential Moving Averages (EMAs) to calculate the momentum ratio.
Momentum Calculation: The momentum ratio is then smoothed for better clarity, allowing you to spot trends and reversals with precision.
Entry Signals: The strategy automatically generates Long entries when momentum crosses above 1 and Short entries when momentum crosses below 1, taking advantage of market fluctuations.
Risk Management: Customizable stop-loss and take-profit levels ensure your trades are secured, with dynamic risk/reward settings that maximize potential profits.
How You Can Make Money:
Automation for Consistency: This strategy automates the decision-making process, allowing you to trade without being glued to the screen.
Profitable Signals: The built-in stop-loss and take-profit system ensures you manage your risk while capturing the most favorable trades.
Works on Any Timeframe: Whether you trade on the 1-minute chart or daily timeframe, the strategy adapts to provide profitable signals across all market conditions.
Why This Is Unique:
Proprietary to AkiSignals: Developed by AkiSignals, this exclusive strategy is based on years of market research and data analysis, providing an edge for serious traders.
Tailored for Success: Unlike other generic strategies, the AkiSignals PD Ratio Momentum Strategy is customized for precision, taking into account the most relevant market factors.
Access:
To gain access to this exclusive strategy, you must purchase a subscription. Only paid users will receive the script, ensuring that only committed traders benefit from this proprietary tool.
Subscribe now and start making smarter trades with the AkiSignals PD Ratio Momentum Strategy!
Contact us via DM or visit akisignals.com website
Hobbs Confluence SetupThis TradingView indicator attempts to identify price continuation and reversal conditions in the market by using multiple market measurements in confluence. This indicator takes Hobbs prior indicator releases and adds an additional moving average convergence or divergence change in trend validation to identify potential trend continuation from a pullback or a sustained reversal from a high or low. This indicator can be useful in multiple timeframes and can be effective when used in confluence with other trading strategies like support/resistance and pattern continuation or breakout. This indicator is even more powerful when combined with Hobbs Continuation and Hobbs Reversal indicators. Specifically, Hobbs Confluence Setup looks at:
Candle formation in relation to the prior candle (user configurable).
Candle volume in comparison to prior candle (user configurable).
Current trend in moving average convergence or divergence (user configurable).
Relative strength or weakness and length (use configurable).
Current price in relation to fast and slow exponential moving averages (user configurable).
Hobbs Reversal SetupThis TradingView indicator attempts to identify price reversal conditions in the market by using multiple market measurements in confluence. This indicator can be useful in multiple timeframes and can be effective when used in confluence with other trading strategies like support/resistance and pattern continuation or breakout. Specifically, Hobbs Reversal Setup looks at:
Candle formation in relation to the prior candle (user configurable).
Candle volume in comparison to prior candle (user configurable).
Current trend in moving average convergence or divergence (user configurable).
Relative strength or weakness and length (use configurable).
Keltner Channel + RSI / Owl of ProfitKeltner Channel + RSI Strategy
This strategy combines the Keltner Channel and RSI indicators to identify trading opportunities based on price levels and momentum.
Features
Keltner Channel
Calculated using EMA and ATR.
Upper and lower bounds provide a dynamic range for price action.
Default parameters:
EMA Period: 20
ATR Period: 10
ATR Multiplier: 1.5
RSI (Relative Strength Index)
Identifies overbought and oversold conditions.
Default parameters:
RSI Period: 14
Overbought Level: 70
Oversold Level: 30
Strategy Conditions
Long Entry
Price crosses above the lower Keltner Channel.
RSI is below the oversold level.
Short Entry
Price crosses below the upper Keltner Channel.
RSI is above the overbought level.
Exit Logic
Close Long
Price crosses below the EMA.
RSI rises above 50.
Close Short
Price crosses above the EMA.
RSI falls below 50.
Visualization
Keltner Channel:
Upper and lower bounds plotted with transparent fill for better clarity.
EMA line for midpoint reference.
RSI:
Plots RSI with dotted horizontal lines for overbought and oversold levels.
Signal Markers:
Buy (green) and Sell (red) labels plotted for entry signals.
This strategy is ideal for traders who want to combine price action with momentum-based signals to capture dynamic market moves.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
ZigZag + Fractals + SAR / Owl of ProfitZigZag + Fractals + SAR Strategy
This strategy combines ZigZag, Fractals, and Parabolic SAR to provide robust trading signals, ideal for identifying trend reversals and trade entries
Features
ZigZag
Tracks trend changes using defined depth and deviation parameters
Identifies "High" and "Low" pivots for trend movements
Fractals
Captures local highs (Fractal Up) and lows (Fractal Down), serving as potential reversal points
Parabolic SAR
Generates entry and exit signals based on price and SAR crossovers
Strategy Conditions
Long
Price crosses above SAR (SAR shifts below price)
ZigZag indicates an uptrend
A fractal down appears
Short
Price crosses below SAR (SAR shifts above price)
ZigZag indicates a downtrend
A fractal up appears
Exit Logic
Exit Long
SAR crosses above price
Exit Short
SAR crosses below price
Customization
ZigZag Parameters
Depth: 5 candles
Deviation: 5%
Parabolic SAR
Start: 0.02, Max: 0.2, Increment: 0.02
Option to visualize Fractals and SAR on the chart
This strategy is suitable for both short-term and long-term trades, allowing flexible customization for different market conditions
Visit my website for more tools and strategies bybitindicators.com
Happy trading!
BB + Stochastic Oscillator + ATR / Owl of ProfitBollinger Bands + Stochastic Oscillator + ATR Strategy
This strategy combines Bollinger Bands, the Stochastic Oscillator, and Average True Range (ATR) for trading opportunities based on volatility, momentum, and trend confirmation.
Features
Bollinger Bands:
Calculates dynamic upper and lower bands around a moving average.
Identifies overbought and oversold price levels.
Stochastic Oscillator:
Detects momentum shifts in overbought (>80) and oversold (<20) regions.
%K and %D crossings confirm entry points.
ATR Integration:
Measures market volatility.
Confirms signals by requiring ATR to exceed a threshold for valid trades.
Strategy Logic
Buy Condition:
Price closes below the lower Bollinger Band, signaling oversold conditions.
Stochastic %K crosses above %D in the oversold region (<20).
ATR is above the calculated ATR threshold, confirming sufficient volatility.
Sell Condition:
Price closes above the upper Bollinger Band, signaling overbought conditions.
Stochastic %K crosses below %D in the overbought region (>80).
ATR is above the calculated ATR threshold.
Exit Strategy:
Uses ATR-based Stop Loss and Take Profit levels for dynamic risk management.
Visualization
Bollinger Bands: Blue basis, red upper band, green lower band, and light blue fill.
Stochastic Oscillator: Purple %K, orange %D, with overbought (80) and oversold (20) levels.
ATR: Visualized with a blue line and a gray ATR threshold for better analysis of market conditions.
Customization
Bollinger Bands:
Default Length: 20
Default Multiplier: 2.0
Stochastic Oscillator:
%K Length: 14
%D Smoothing: 3
ATR:
Default Length: 14
Default Multiplier: 1.5
Stop Loss and Take Profit:
Based on ATR for dynamic trade exits.
This strategy is ideal for traders looking to capitalize on volatility and momentum signals, with added confirmation from ATR to filter out low-volatility environments.
Visit my website for more tools and strategies: bybitindicators.com
Happy Trading! 😊
DCA CryptoIndex 1.0 Custom Crypto Weighted Index
🚀 The Ultimate Crypto Trading Tool Is Here! 🚀
💎 Introducing: The Custom Weighted Crypto Index 💎
Built using the power of CRYPTOCAP:BTC , CRYPTOCAP:ETH , CRYPTOCAP:BNB , CRYPTOCAP:XRP , and CRYPTOCAP:SOL , this next-gen crypto indicator is your secret weapon to dominate the markets! 🎯 Whether you're a day trader, swing trader, or HODLer, this tool is packed with features to level up your game! 💹
🔥 Why Traders Are Obsessed 🔥
💡 Track It All in One Place: A weighted index combining the market's top performers into a single indicator!
🎨 Color-Coded Clarity: See individual contributions with custom momentum lines:
CRYPTOCAP:BTC (🔴 Red): The King of Crypto leading the charge! 👑
CRYPTOCAP:ETH (🟢 Green): The Smart Contract powerhouse. ⚙️
CRYPTOCAP:BNB (🔵 Blue): Binance’s token of dominance. 🌐
CRYPTOCAP:XRP (🟠 Orange): The Cross-Border Payment disruptor. 🌍
CRYPTOCAP:SOL (🟣 Teal): Blockchain’s rising star. 🌟
📈 Spot Divergences & Confirmations: Compare the index vs. individual tickers to uncover hidden trading opportunities.
⏳ Perfect for ALL Timeframes: Works seamlessly across short-term scalps ⏲️ to long-term positions 📆.
✨ How It Works ✨
1️⃣ Custom Weighted Index:
The performance of CRYPTOCAP:BTC , CRYPTOCAP:ETH , CRYPTOCAP:BNB , CRYPTOCAP:XRP , and CRYPTOCAP:SOL is aggregated using weighting logic that reflects each asset's significance. ⚖️ Larger assets like CRYPTOCAP:BTC and CRYPTOCAP:ETH influence the index more, providing an accurate snapshot of market conditions!
2️⃣ Individual Momentum Lines:
Each crypto has a unique momentum line (in its own color), so you can:
Spot when CRYPTOCAP:BTC leads or lags the market. 🔴
See when CRYPTOCAP:SOL or CRYPTOCAP:XRP are surging ahead of others. 🟣🟠
3️⃣ Market Trends Simplified:
Use the index for an overall market view. 🌐
Dive into individual momentum lines to pinpoint the strongest opportunities. 🎯
💥 Why YOU Need This Indicator 💥
✅ See the Bigger Picture: Understand the market's direction at a glance. 🧠
✅ Make Smarter Trades: Combine market-wide insights with individual crypto trends. 💹
✅ Stay Ahead of the Game: Detect shifts in momentum before others. 🔍
🌟 How to Get Started 🌟
1️⃣ Add the Custom Crypto Weighted Index to Your Chart. 📊
2️⃣ Start Tracking CRYPTOCAP:BTC , CRYPTOCAP:ETH , CRYPTOCAP:BNB , CRYPTOCAP:XRP , and CRYPTOCAP:SOL Like a Pro. 🎯
3️⃣ Identify Trends, Spot Opportunities, and Crush the Markets! 🚀
🚨 Why This Tool Is a Game-Changer 🚨
🔗 Integrated Insights: Monitor multiple cryptos in one powerful indicator.
🕶️ Color-Coded Simplicity: Understand market trends with ease.
📉 No Guesswork: Get reliable data-driven insights for better trades.
💡 This tool is perfect for ANY trader looking to gain an edge in the fast-paced crypto world.
⚡ Ready to Transform Your Trading? ⚡
🌈 Add the Custom Weighted Crypto Index to your toolkit now and watch your trading confidence soar! 💥
Your portfolio deserves the best—don’t wait. Make smarter moves, dominate the markets, and take your trading to the next level. 🚀🌕
Wave Trend Oscillator (LazyBear) / Owl of Profit remakeWave Trend Oscillator Strategy (by LazyBear)
This strategy leverages the powerful WaveTrend Oscillator developed by LazyBear to identify overbought and oversold market conditions, providing dynamic signals for trend-based trading.
Features
WaveTrend Oscillator (WT):
Calculates two smoothed WaveTrend lines (WT1 and WT2) for visualizing momentum.
Uses channel and average lengths to adjust sensitivity.
Overbought/Oversold Levels:
Predefined levels for detecting extreme price conditions:
Overbought: 60, 53.
Oversold: -60, -53.
Fully customizable levels to match different trading preferences.
Color-Coded Visualization:
WT1 (green) and WT2 (red) show smoothed momentum oscillations.
Area between WT1 and WT2 filled in blue for additional clarity.
Strategy Logic
Long Entry Condition:
WT1 crosses above WT2, indicating a bullish reversal.
WT1 is below the Oversold Level (-60) during the crossover.
Short Entry Condition:
WT1 crosses below WT2, signaling a bearish reversal.
WT1 is above the Overbought Level (60) during the crossover.
Exit Logic:
Positions are automatically closed based on opposing signals.
Customization
Oscillator Lengths:
Channel Length (n1): Default 10.
Average Length (n2): Default 21.
Overbought/Oversold Levels:
Default Levels: 60 (Overbought), -60 (Oversold).
Optional secondary levels for finer adjustments.
Visual Enhancements:
Overlay the oscillator with additional chart elements for trend confirmation.
This strategy is ideal for traders looking to combine momentum analysis with overbought/oversold signals, ensuring precise entries and exits in trending markets.
Visit my website for more tools and strategies: bybitindicators.com
Happy Trading! 😊
BB + RSI, Double Strategy (by ChartArt) / Owl of Profit remakeSpecial thanks to ChartArt for the original concept and inspiration.
This strategy combines Bollinger Bands with the Relative Strength Index (RSI) to identify overbought and oversold conditions, providing precise entry and exit points.
Features:
Bollinger Bands:
Measures volatility and price deviations from the SMA.
Period Length: 200 (default).
Standard Deviation Multiplier: 2.0 (default).
Helps identify potential reversal zones at the upper and lower bands.
Relative Strength Index (RSI):
A momentum oscillator to measure overbought and oversold conditions.
Length: 6 (default).
Overbought Level: 50 (default).
Oversold Level: 50 (default).
Entry and Exit Logic:
Long Entry:
RSI crosses above the oversold level (50).
Price crosses above the lower Bollinger Band.
Short Entry:
RSI crosses below the overbought level (50).
Price crosses below the upper Bollinger Band.
Exit Logic:
Long positions are closed when the price and RSI criteria for a short entry are met.
Short positions are closed when the price and RSI criteria for a long entry are met.
Visualization:
Bollinger Bands:
Plotted with the basis (aqua line), upper band (silver), and lower band (silver).
Background fill highlights the bands.
Bar and Background Colors:
Green for bullish conditions (price below the lower band and RSI below the oversold level).
Red for bearish conditions (price above the upper band and RSI above the overbought level).
Customization:
Adjustable Bollinger Bands and RSI parameters to fit different market conditions.
Optional bar and background coloring for enhanced chart readability.
This strategy is ideal for traders looking to combine volatility and momentum analysis for high-probability entries and exits.
Visit my website for more tools and strategies: bybitindicators.com
Happy trading!
Smart Buy/Sell Signal IndicatorThe S mart Buy/Sell Signal Indicator is a sophisticated trading tool designed to provide precise Buy and Sell signals by integrating multiple technical analysis methods. This indicator combines trend analysis, momentum evaluation, volatility measures, and signal confirmation to enhance trading accuracy. It is particularly suited for traders looking to capitalize on price reversals, breakouts, and trend continuations.
Each component of this indicator has been carefully selected to solve common challenges faced by traders, such as identifying reliable entry/exit points, avoiding false signals, and trading in diverse market conditions.
Key Components and Their Roles
1. Supertrend Indicator:
• Purpose: Identify the overarching trend direction and dynamic support/resistance levels.
• How It Works:
• The Supertrend uses ATR (Average True Range) to calculate dynamic levels, allowing the indicator to adapt to market volatility.
• Provides visual cues for whether the market is in an uptrend (supertrend up) or downtrend (supertrend down).
• Role in the Indicator:
• Acts as the primary trend filter, ensuring that Buy signals align with bullish trends and Sell signals align with bearish trends.
2. RSI (Relative Strength Index):
• Purpose: Measure momentum and identify overbought/oversold conditions.
• How It Works:
• Analyzes the relative strength of price movements over a specific period.
• Provides sentiment cues:
• Below 50: Bearish sentiment.
• Above 50: Bullish sentiment.
• Role in the Indicator:
• Adds a momentum confirmation layer, ensuring signals occur in line with market sentiment.
• Refines entry points by identifying reversals (e.g., Buy signals when RSI < 45 and price is oversold).
3. Bollinger Bands:
• Purpose: Define price volatility and identify overbought/oversold conditions.
• How It Works:
• Plots bands around a moving average, with the width determined by standard deviations.
• Signals:
• Price near lower band indicates potential oversold conditions (Buy).
• Price near upper band indicates potential overbought conditions (Sell).
• Role in the Indicator:
• Refines reversal signals by confirming price extremes relative to market volatility.
• Works with RSI to validate overbought/oversold conditions.
4. ADX (Average Directional Index):
• Purpose: Measure trend strength to filter signals in weak trends.
• How It Works:
• ADX values:
• Above threshold (e.g., 15): Indicates a strong trend.
• Below threshold: Indicates a weak or sideways market.
• Role in the Indicator:
• Ensures that Buy/Sell signals occur only in strong trending conditions, reducing noise during flat markets.
5. Confirmation Moving Average:
• Purpose: Provide an additional layer of trend validation.
• How It Works:
• A simple moving average (SMA) is calculated to smooth price data and highlight the overall trend direction.
• Role in the Indicator:
• Validates that price aligns with the broader trend before generating a signal.
6. Minimum Bars Between Signals:
• Purpose: Prevent overtrading in choppy or fast-moving markets.
• How It Works:
• Imposes a time buffer between consecutive Buy or Sell signals.
• Role in the Indicator:
• Reduces noise and ensures only high-probability setups are acted upon.
7. Cloud-Based Reversal Signals:
• Purpose: Highlight potential reversal points where price deviates significantly from expected behavior.
• How It Works:
• Combines Bollinger Bands, RSI, ADX, and Supertrend levels to detect extreme conditions.
• Role in the Indicator:
• Provides early warnings for potential reversals, complementing the refined Buy/Sell signals.
Why Combine These Elements?
This combination is not arbitrary—each component solves a specific problem while complementing the others:
1. Trend Alignment:
• The Supertrend and Confirmation Moving Average ensure that signals align with the prevailing trend, increasing reliability.
2. Volatility and Momentum:
• Bollinger Bands and RSI work together to identify overbought/oversold conditions, ensuring signals are generated near key price extremes.
3. Trend Strength Filtering:
• The ADX filters weak trends, ensuring signals occur only during strong directional moves.
4. Noise Reduction:
• The minimum bars between signals and cloud-based alerts prevent overtrading and provide additional confirmation for reversals.
5. Dynamic Adaptability:
• By combining trend, momentum, and volatility measures, the indicator adapts to both trending and range-bound market conditions.
How It Works
Buy Signal Logic:
• Triggered when:
• RSI < 50 (bullish sentiment).
• Price is above the Supertrend Down level and the Confirmation Moving Average.
• ADX > Threshold (e.g., 15): Confirms a strong trend.
• Minimum bars since the last Buy signal have passed.
• Additional early warnings are provided if:
• Price is below the lower Bollinger Band, RSI < 45, and ADX > Threshold (cloud Buy signal).
Sell Signal Logic:
• Triggered when:
• RSI > 50 (bearish sentiment).
• Price is below the Supertrend Up level and the Confirmation Moving Average.
• ADX > Threshold (e.g., 15): Confirms a strong trend.
• Minimum bars since the last Sell signal have passed.
• Additional early warnings are provided if:
• Price is above the upper Bollinger Band, RSI > 55, and ADX > Threshold (cloud Sell signal).
Background Coloring:
• Green: Bullish momentum (RSI crosses above 50).
• Red: Bearish momentum (RSI crosses below 50).
How to Use It
1. Timeframes:
• Suitable for scalping (1m, 5m, 15m) and intraday trading (30m, 1H).
2. Risk Management:
• Use Supertrend levels or Bollinger Bands to set Stop Loss and Take Profit levels.
Signal Interpretation
The Refined Smart Buy/Sell Signal Indicator v2 provides clear visual cues for different trading scenarios:
1. Buy Signal:
• Represented by a green label with the text “BUY.”
• Indicates a confirmed Buy opportunity when all criteria, such as trend, volatility, and momentum, align.
2. Sell Signal:
• Represented by a red label with the text “SELL.”
• Indicates a confirmed Sell opportunity when all conditions, including trend direction and momentum, are met.
3. Cloud Signals (Reversal Alerts):
• Black Circles (Bottom): Appear near the bottom of the price chart when conditions suggest a potential upward reversal. These serve as early warnings for an upcoming bullish move but require confirmation from Buy signals.
• Red Dots (Top): Appear near the top of the price chart when conditions suggest a potential bearish reversal. These act as early indicators of possible downward momentum but should be used with Sell signal confirmation.
The reversal signals are generated by combining Bollinger Bands, RSI, ADX, and Supertrend levels to detect price extremes. These signals highlight areas where price may react, giving traders an opportunity to prepare for potential moves.
Designed and developed by TradeTech Analysis – Empowering traders with precision tools for smarter trading decisions.
Helicopter Volatility Detector v4This Indicator designed to measure market volatility specifically during reversal phases, while ignoring periods of strong trending movements. It helps traders identify when the market is experiencing frequent and significant price reversals, which are often accompanied by increased volatility.
This indicator is suitable for those who want to understand when there is high volatility in the market, such as when Jerome Powell speaks or economic data is released. It can help identify periods when large leveraged positions are likely to be liquidated.
Choppiness IndexThis Pine Script v6 indicator calculates the Choppiness Index over a user-defined length and segments it based on user-defined thresholds for choppy and trending market conditions. The indicator allows users to toggle the visibility of choppy, trending, and neutral segments using checkboxes.
Here's how it works:
Inputs: Users can set the length for the Choppiness Index calculation and thresholds for choppy and trending conditions. They can also choose which segments to display.
Choppiness Index Calculation: The script calculates the Choppiness Index using the ATR and the highest-high and lowest-low over the specified length.
Segment Determination: The script determines which segment the current Choppiness Index value falls into based on the thresholds. The color changes exactly at the threshold values.
Dynamic Plotting: The Choppiness Index is plotted with a color that changes based on the segment. The plot is only visible if the segment is "turned on" by the user.
Threshold Lines: Dashed horizontal lines are plotted at the choppy and trending thresholds for reference.
This indicator helps traders visualize market conditions and identify potential transitions between choppy and trending phases, with precise color changes at the threshold values.
AIO EMA & RSI by buyukPATRONAIO EMA & RSI by buyukPATRON
Bu Pine Script™, EMA (Exponential Moving Average) ve RSI (Relative Strength Index) göstergelerini birleştirerek güçlü bir teknik analiz aracı sunar. Kod, hem trend takibi hem de momentum analizi için kapsamlı özelleştirme seçenekleri sağlar.
Özellikler:
1. EMA Göstergesi:
Kısa ve Uzun EMA'lar:
Kısa EMA'lar: 8, 13, 21 (Opsiyonel olarak etkinleştirilebilir).
Uzun EMA'lar: 144, 200, 233 (Opsiyonel olarak etkinleştirilebilir).
Kullanıcı Tanımlı EMA'lar:
9 farklı EMA periyodu, renkleri ve çizgi kalınlıkları kullanıcı tarafından özelleştirilebilir.
EMA Kesişim İşaretçileri:
Yukarı Kesişim: EMA1, EMA2'nin üzerine çıktığında yeşil üçgen.
Aşağı Kesişim: EMA1, EMA2'nin altına indiğinde kırmızı üçgen.
Arka Plan Vurgusu:
Fiyat EMA1'in üzerinde olduğunda arka plan vurgulanır.
2. RSI Göstergesi:
Gösterge Ayarları:
RSI periyodu ve veri kaynağı kullanıcı tarafından seçilebilir.
Hareketli Ortalama Seçenekleri:
SMA, EMA, WMA, VWMA, SMMA gibi çeşitli hareketli ortalamalar veya Bollinger Bantları kullanılabilir.
Bantlar ve Görselleştirme:
Aşırı Alım (70) ve Aşırı Satım (30) seviyeleri yatay çizgilerle belirtilir.
Orta bant (50) gösterilir.
RSI için Bollinger Bantları ve renk geçişli görselleştirme eklenmiştir.
Kullanım:
Bu script, fiyat hareketlerinin trend yönünü (EMA'lar aracılığıyla) ve momentumunu (RSI aracılığıyla) analiz etmek isteyen yatırımcılar için uygundur. Özelleştirme seçenekleri, farklı piyasa koşulları ve stratejiler için esneklik sağlar.
Swing Catcher DayThe "Swing Catcher" indicator identifies swing points on a daily time frame by combining Simple Moving Averages (SMA) for trend direction, Momentum to gauge price strength, and Average True Range (ATR) to confirm volatility. It marks potential swing highs and lows, validates them using trend and momentum alignment, and filters out noise with ATR-based volatility checks. This makes it an effective tool for spotting and trading significant price movements.
3 Different RSIs with Adjustable Timeframesyou can adjust it as per your choice. RSI monthly / Weekly and daily for long term,
and daily/hourly and 15 minutes for swing trading.
SignalSync Multi-Indicator TableThis indicator integrates multiple technical indicators, including EMA crossovers, RSI, MACD, Stochastic RSI, Williams %R, SuperTrend, and KST, all displayed in a dynamic table on your chart. This script provides a comprehensive view of various indicators, their values, conditions, and signals.
Here’s a brief breakdown :
1. Input Parameters: You allow users to set values for various technical indicators (e.g., RSI length, EMA periods, MACD settings, etc.) with adjustable defaults for different trading styles (short, medium, long-term).
2. Indicator Calculations: You calculate the values for indicators like RSI, MACD, Williams %R, Stochastic RSI, SuperTrend, and KST using user-defined settings.
3. EMA Crossover Logic: The script computes the difference between the short-term and long-term EMAs (9-21 and 20-50) and assigns buy/sell signals based on these crossovers.
4. KST Indicator: The script includes the KST (Know Sure Thing) indicator, calculating rate-of-change values and smoothing them with moving averages. It generates buy/sell signals when KST crosses its signal line.
5. VWAP: The script calculates the VWAP (Volume Weighted Average Price) to determine whether the price is above or below the VWAP, indicating bullish or bearish market sentiment.
6. Table Display: The script displays all the calculated values, conditions, signals, and parameters in a table that can be positioned anywhere on the chart.
Tripple RSI3 RSI Divergence & convergence
Stochastic
Level 80 & 20
Over bought at 80
Over Sold at 20
