JJRANALYTICAA failed atempt at making a profitable algo. Uses hopes and dreams with a base of auction market theory.
チャートパターン
Mahesh G Volume analysis of 50 Candles for buy or sellThis indicator will help to analysis last 50 candles average volume and give a trend for buying and selling
WP Dominant BU BD FVG MARK Stc Detectionfirst trial error. use with great awareness.
This script is a technical analysis tool created to detect and visualize two important market patterns: Dominant Break Up (DBU) and Dominant Break Down (DBD). These patterns provide insight into market sentiment and potential price movement reversals or continuations. Here’s a detailed explanation of how the script works:
1. Purpose of the Script
The script identifies specific formations of candlesticks that indicate strong upward (DBU) or downward (DBD) trends. By highlighting these patterns directly on the chart, traders can quickly assess the market situation and make informed decisions.
2. Components of the Script
a) DBU (Dominant Break Up) Pattern
The DBU pattern indicates bullish strength, where the market shows a dominant upward move.
Rules for DBU:
At least 5 candles are analyzed: the first 4 must be green (bullish candles), followed by 1 red (bearish) candle.
The open price of the fifth candle must:
Be higher than the closing prices of the 4 previous green candles.
Be lower than the close price of the last (current) candle.
Visualization for DBU:
Green triangle symbol is plotted below the DBU candle to indicate bullish strength.
A transparent purple box highlights the relevant price range over the detected candles.
b) DBD (Dominant Break Down) Pattern
The DBD pattern signals bearish strength, where the market shows a dominant downward move.
Rules for DBD:
At least 5 candles are analyzed: the first 4 must be red (bearish candles), followed by 1 green (bullish) candle.
The open price of the fifth candle must:
Be lower than the closing prices of the 4 previous red candles.
Be higher than the close price of the last (current) candle.
Visualization for DBD:
Red triangle symbol is plotted above the DBD candle to indicate bearish strength.
A transparent orange box highlights the relevant price range over the detected candles.
3. How It Works
The script analyzes historical price data using the open, close, high, and low values for the last 5 candles. It applies mathematical conditions to check for the patterns:
Identifies whether the recent candles are predominantly bullish or bearish.
Checks whether the open price of the critical candle (fifth candle) satisfies specific criteria related to the previous candles.
When a pattern is detected, the script automatically:
Draws symbols (triangleup for DBU and triangledown for DBD) to indicate the pattern on the chart.
Draws a shaded box over the candle range to provide a clear visual highlight.
4. Benefits
Simplicity: Patterns are automatically detected and highlighted, saving time and effort for traders.
Versatility: Can be applied to any time frame or market (stocks, forex, crypto, etc.).
Actionable Insights: Helps traders spot potential reversal zones, trend continuations, or breakout opportunities.
5. Practical Usage
Add this script to your trading platform (e.g., TradingView).
Apply it to your preferred chart.
Look for the visual cues (triangles and shaded boxes) to identify DBU and DBD patterns.
Use these patterns in combination with other indicators or analysis techniques for better decision-making.
6. Limitations
It may generate false signals in choppy or low-volume markets.
Best used in trending markets or with confirmation from other indicators.
Traders should backtest and validate the script before relying on it in live trading.
By automating the detection of DBU and DBD patterns, this script is a powerful tool for traders who rely on candlestick analysis to make quick and informed decisions.
Buy/Sell Signals with 3 indicatorindikator yang menggabungkan rsi , ema , macd
Indikator yang telah kita buat menggabungkan tiga indikator teknikal populer: Exponential Moving Average (EMA), Relative Strength Index (RSI), dan Moving Average Convergence Divergence (MACD). Setiap indikator memiliki tujuan dan cara kerja yang berbeda, namun jika digabungkan, mereka dapat memberikan sinyal yang lebih kuat untuk keputusan trading.
Berikut adalah penjelasan dari setiap indikator yang digunakan dalam skrip tersebut:
1. Exponential Moving Average (EMA):
Tujuan: Menyaring fluktuasi harga jangka pendek dan memberikan gambaran tren harga yang lebih jelas.
Cara Kerja: EMA memberikan bobot lebih pada harga terbaru (lebih sensitif terhadap pergerakan harga saat ini) dibandingkan dengan Simple Moving Average (SMA) yang memberikan bobot yang sama pada semua data harga.
Dalam Skrip:
EMA Short: Digunakan untuk mengikuti pergerakan harga jangka pendek. Biasanya lebih sensitif terhadap pergerakan harga terbaru.
EMA Long: Digunakan untuk mengidentifikasi tren jangka panjang.
Sinyal:
Crossover: Ketika EMA Short (lebih cepat) melintasi ke atas EMA Long (lebih lambat), ini menandakan bahwa harga sedang mengalami momentum bullish (sinyal BUY).
Crossunder: Ketika EMA Short melintasi ke bawah EMA Long, ini menunjukkan bahwa harga kemungkinan sedang mengalami tren bearish (sinyal SELL).
2. Relative Strength Index (RSI):
Tujuan: Mengukur kekuatan relatif dan kelebihan beli atau jual dari harga berdasarkan pergerakan harga sebelumnya.
Cara Kerja: RSI mengukur perbandingan antara kenaikan harga rata-rata dan penurunan harga rata-rata selama periode tertentu. Hasilnya adalah angka yang berada dalam rentang 0 hingga 100.
Level-level Penting:
RSI > 70: Menandakan kondisi overbought, yang berarti harga mungkin sudah terlalu tinggi dan akan segera terkoreksi (sinyal SELL).
RSI < 30: Menandakan kondisi oversold, yang berarti harga mungkin terlalu rendah dan siap untuk naik (sinyal BUY).
Dalam Skrip:
Sinyal BUY terjadi ketika RSI berada di bawah level oversold (misalnya, di bawah 30).
Sinyal SELL terjadi ketika RSI berada di atas level overbought (misalnya, di atas 70).
3. Moving Average Convergence Divergence (MACD):
Tujuan: Menunjukkan hubungan antara dua Exponential Moving Averages (EMA) dan memberikan gambaran tentang kekuatan serta arah tren harga.
Cara Kerja:
MACD Line adalah selisih antara EMA Fast (lebih cepat) dan EMA Slow (lebih lambat).
Signal Line adalah EMA dari MACD Line itu sendiri.
Histogram menunjukkan perbedaan antara MACD Line dan Signal Line. Ketika MACD Line berada di atas Signal Line, ini menunjukkan momentum bullish. Sebaliknya, ketika MACD Line berada di bawah Signal Line, ini menunjukkan momentum bearish.
Dalam Skrip:
Sinyal BUY terjadi ketika MACD Line melintasi ke atas Signal Line, yang menunjukkan bahwa momentum harga sedang bullish.
Sinyal SELL terjadi ketika MACD Line melintasi ke bawah Signal Line, yang menunjukkan momentum harga sedang bearish.
Cara Kerja Indikator Secara Bersamaan:
Sinyal Buy (Beli):
Crossover EMA: Ketika EMA Short melintasi EMA Long dari bawah ke atas, ini menunjukkan bahwa harga mulai bergerak ke arah tren bullish.
RSI Oversold: Ketika RSI di bawah level oversold (misalnya, di bawah 30), ini menunjukkan bahwa harga sudah terlalu rendah dan bisa segera berbalik naik.
MACD Bullish: Ketika MACD Line melintasi ke atas Signal Line, ini menunjukkan bahwa momentum pergerakan harga cenderung ke arah atas.
Sinyal Sell (Jual):
Crossunder EMA: Ketika EMA Short melintasi EMA Long dari atas ke bawah, ini menunjukkan bahwa harga mulai bergerak ke arah tren bearish.
RSI Overbought: Ketika RSI di atas level overbought (misalnya, di atas 70), ini menunjukkan bahwa harga sudah terlalu tinggi dan bisa segera terkoreksi.
MACD Bearish: Ketika MACD Line melintasi ke bawah Signal Line, ini menunjukkan bahwa momentum pergerakan harga cenderung ke arah bawah.
Rangkuman:
EMA digunakan untuk mendeteksi tren jangka panjang dan pendek.
RSI digunakan untuk mengukur apakah pasar sedang jenuh beli (overbought) atau jenuh jual (oversold).
MACD digunakan untuk mengukur kekuatan momentum dan arah tren.
Kombinasi ketiga indikator ini memungkinkan kita untuk mencari konfirmasi yang lebih kuat mengenai apakah kita berada dalam kondisi pasar yang siap untuk BUY atau SELL.
CPR - EMA 21/64/100/200/300 VWAP 3 ST NagaCPR 5 EMA 3 ST VWP -- NAGA
TIS is having cpr with 3 s1 s2 s3 and r1 r2 r3 and vwap and 3 super trends and 5 emas ema 21 ema 64 ema 100 ema 200 ema300
JJ Highlight Time Ranges with First 5 Minutes and LabelsTo effectively use this Pine Script as a day trader , here’s how the various elements can help you manage trades, track time sessions, and monitor price movements:
Key Components for a Day Trader:
1. First 5-Minute Highlight:
- Purpose: Day traders often rely on the first 5 minutes of the trading session to gauge market sentiment, watch for opening price gaps, or plan entries. This script draws a horizontal line at the high or low of the first 5 minutes, which can act as a key level for the rest of the day.
- How to Use: If the price breaks above or below the first 5-minute line, it can signal momentum. You might enter a long position if the price breaks above the first 5-minute high or a short if it breaks below the first 5-minute low.
2. Session Time Highlights:
- Morning Session (9:15–10:30 AM): The market often shows its strongest price action during the first hour of trading. This session is highlighted in yellow. You can use this highlight to focus on the most volatile period, as this is when large institutional moves tend to occur.
- Afternoon Session (12:30–2:55 PM): The blue highlight helps you track the mid-afternoon session, where liquidity may decrease, and price action can sometimes be choppier. Day traders should be more cautious during this period.
- How to Use: By highlighting these key times, you can:
- Focus on key breakouts during the morning session.
- Be more conservative in your trades during the afternoon, as market volatility may drop.
3. Dynamic Labels:
- Top/Bottom Positioning: The script places labels dynamically based on the selected position (Top or Bottom). This allows you to quickly glance at the session's start and identify where you are in terms of time.
- How to Use: Use these labels to remind yourself when major time segments (morning or afternoon) begin. You can adjust your trading strategy depending on the session, e.g., being more aggressive in the morning and more cautious in the afternoon.
Trading Strategy Suggestions:
1. Momentum Trades:
- After the first 5 minutes, use the high/low of that period to set up breakout trades.
- Long Entry: If the price breaks the high of the first 5 minutes (especially if there's a strong trend).
- Short Entry: If the price breaks the low of the first 5 minutes, signaling a potential downtrend.
2. Session-Based Strategy:
- Morning Session (9:15–10:30 AM):
- Look for strong breakout patterns such as support/resistance levels, moving average crossovers, or candlestick patterns (like engulfing candles or pin bars).
- This is a high liquidity period, making it ideal for executing quick trades.
- Afternoon Session (12:30–2:55 PM):
- The market tends to consolidate or show less volatility. Scalping and mean-reversion strategies work better here.
- Avoid chasing big moves unless you see a clear breakout in either direction.
3. Support and Resistance:
- The first 5-minute high/low often acts as a key support or resistance level for the rest of the day. If the price holds above or below this level, it’s an indication of trend continuation.
4. Breakout Confirmation:
- Look for breakouts from the highlighted session time ranges (e.g., 9:15 AM–10:30 AM or 12:30 PM–2:55 PM).
- If a breakout happens during a key time window, combine that with other technical indicators like volume spikes , RSI , or MACD for confirmation.
---
Example Day Trader Usage:
1. First 5 Minutes Strategy: After the market opens at 9:15 AM, watch the price action for the first 5 minutes. The high and low of these 5 minutes are critical levels. If the price breaks above the high of the first 5 minutes, it might indicate a strong bullish trend for the day. Conversely, breaking below the low may suggest bearish movement.
2. Morning Session: After the first 5 minutes, focus on the **9:15 AM–10:30 AM** window. During this time, look for breakout setups at key support/resistance levels, especially when paired with high volume or momentum indicators. This is when many institutions make large trades, so price action tends to be more volatile and predictable.
3. Afternoon Session: From 12:30 PM–2:55 PM, the market might experience lower volatility, making it ideal for scalping or range-bound strategies. You could look for reversals or fading strategies if the market becomes too quiet.
Conclusion:
As a day trader, you can use this script to:
- Track and react to key price levels during the first 5 minutes.
- Focus on high volatility in the morning session (9:15–10:30 AM) and **be cautious** during the afternoon.
- Use session-based timing to adjust your strategies based on the time of day.
EMA20-50-200 //EMA1
study(title="Moving Average Exponential", shorttitle="EMA", overlay=true, resolution="")
len = input(50, minval=1, title="Length")
src = input(close, title="Source")
offset = input(title="Offset", type=input.integer, defval=0, minval=-500, maxval=500)
out = ema(src, len)
plot(out, title="EMA", color=color.teal, offset=offset)
//EMA2
len2 = input(100, minval=1, title="Length2")
src2 = input(close, title="Source2")
offset2 = input(title="Offset2", type=input.integer, defval=0, minval=-500, maxval=500)
out2 = ema(src2, len2)
plot(out2, title="EMA2", color=color.orange, offset=offset2)
//EMA3
len3 = input(150, minval=1, title="Length3")
src3 = input(close, title="Source3")
offset3 = input(title="Offset3", type=input.integer, defval=0, minval=-500, maxval=500)
out3 = ema(src3, len3)
plot(out3, title="EMA3", color=color.blue, offset=offset3)
Mein SkriptBefore publishing, clearly define:
Purpose: What do you aim to achieve? (e.g., inform, entertain, educate).
Target Audience: Who are you creating for? Understand their needs, preferences, and habits.
Format: Choose the medium—book, blog post, podcast, video, or article.
Pro Tip: Outline your content to ensure clarity and consistency.
7 PM Horizontal LinesThis Pine Script draws horizontal lines at 7 PM on the chart for dates ranging from January 10, 2022, to January 10, 2025. It uses the timestamp function to define the date range and checks if the current time matches 7 PM within the specified range. If the condition is met, it plots red horizontal lines with configurable styling.
straddle with Bollinger BandA straddle with Bollinger Bands combines an options trading strategy and a technical indicator for better analysis.
The Bollinger Bands overlay the combined premium (call + put prices), providing insights into volatility.
This setup allows traders to monitor breakouts or contractions in the total premium, aiding in decision-making for entry, exit, or risk management.
D@bhi's short hello guys
this signal for seller who try with 5 ema strategy for trend change in intraday
so try with stick SL and as per your risk appetite
go with 1:3,4 ratio its very help full and good rewards
Porcentaje Paridad Bonos ARSSe compraran bonos globales con ley argentica para sacar la paridad segun time frema selkeccionado
Porcentaje Paridad Bonos ARSSe compraran bonos globales con ley argentica para sacar la paridad segun time frema selkeccionado
Move greater than %ADRThis indicator will show a mark whenever a scrip is moving on a close to close basis more than the %ADR of 14day period.
High-Low Breakout Strategy (Long Only)This script is a simple yet effective breakout strategy designed for long-only trades. The logic is straightforward:
- ** Entry Condition **: Enter long when the close price exceeds the previous high.
- ** Exit Condition **: Exit the position when the close price drops below the previous low.
Features:
- Automatically identifies the previous high and low for every bar.
- Displays these levels on the chart for easy reference.
Use this script for backtesting and exploring breakout opportunities in various markets. Let us know your thoughts and how it works for you in the comments!
Disclaimer : This script is for educational purposes only and is not financial advice. Past performance does not guarantee future results.
- Perfect for trend-following traders looking for a mechanical, rule-based approach.
Outside Bar Alert4hr Daily and Weekly Outside Engulfing Bar Indicator
Help spot tops and bottoms, trend changes, etc
Advanced Price Action Dashboard🚀 Advanced Price Action Dashboard
Welcome to the Advanced Price Action Dashboard, a powerful tool that helps you analyze market behavior clearly and visually in real-time. This table displays key price action signals, volume analysis, RSI, and other indicators to help you make informed decisions. Let’s break it down!
🛠️ What does this indicator do?
This indicator is a dashboard of signals that shows you various market factors such as:
Reversal Signals 🌀
Continuation Signals 🔁
RSI Analysis 📊
Volume Conditions 📈
Support and Resistance on a Higher Timeframe 🏔️
📅 Table Components
📝 Indicator Title:
"Advanced Price Action Dashboard" is the title at the top of the table. It's your go-to table to see market analysis at a glance.
📈 Reversal Signals Section:
Bullish Reversal: Indicates a potential change from a downtrend to an uptrend. A ✅ means the condition is met, and ❌ means it’s not.
Bearish Reversal: Indicates a potential change from an uptrend to a downtrend. A ✅ means the condition is met, and ❌ means it’s not.
🔄 Continuation Signals Section:
Bullish Continuation: Indicates the uptrend may continue. A ✅ means the condition is met, and ❌ means it’s not.
Bearish Continuation: Indicates the downtrend may continue. A ✅ means the condition is met, and ❌ means it’s not.
📊 RSI Conditions Section:
RSI (Relative Strength Index): Shows the current RSI value. If RSI is above 70 (overbought), it’s marked in red, and if it’s below 30 (oversold), it’s marked in green.
📊 Volume Conditions:
Volume Spike: If the current volume is significantly higher than the average, it’s marked with a ✅, indicating a potential trend change.
🔒 Support and Resistance on a Higher Timeframe:
Near Higher TF Resistance: Indicates if the price is near a resistance zone on a higher timeframe chart. It’s marked in red.
Near Higher TF Support: Indicates if the price is near a support zone on a higher timeframe chart. It’s marked in green.
🏅 Trend Direction:
Trend Direction: If the price is above the moving average (MA), it’s marked "Bullish" in green; if it’s below, it’s marked "Bearish" in red.
🔥 Large Body Candle:
Large Body Candle: Shows if the current candle has a large body, which could indicate a strong price movement.
🔍 How to Use This Indicator
Quick Setup:
This indicator is ready to use as soon as you add it to your TradingView chart. No complex configurations are needed.
Interpret the Signals:
The table checkboxes will clearly show whether reversal or continuation signals are present, and if the volume or RSI conditions are met.
Actions to Take:
If you see a ✅ in Bullish Reversal and RSI Oversold (RSI < 30), you might consider a buy.
If you see a ✅ in Bearish Reversal and RSI Overbought (RSI > 70), you might consider a sell.
Continuation signals help you identify if a trend is ongoing and may continue.
📈 Visual Overview of the Table
The Dashboard is displayed at the top right of your chart so you can see all the relevant information without losing sight of the price in real-time.
Colors: The table’s colors help you quickly identify the current market condition:
✅ = Condition met (good signal).
❌ = Condition not met (avoid action).
Green = Bullish, good time to buy.
Red = Bearish, good time to sell.
Blue and Gray to highlight trend and volume analysis.
🛠️ Customization
You can adjust the settings according to your preferences:
Moving Average (MA) length 🧮
Volume multiplier 📊
RSI (with adjustable overbought and oversold levels) 📉
Multi-timeframe analysis 🕒
🏁 Conclusion
The Advanced Price Action Dashboard is a great tool for traders who want a quick and efficient market analysis. With clear reversal and continuation signals, volume and RSI analysis, it helps you make informed decisions while staying in tune with the market flow.
Happy trading! 🚀📈
Simple 5-8-13 StrategyThe Simple 5-8-13 SMA Strategy is a trend-following trading system that uses three Simple Moving Averages (SMA) with periods of 5, 8, and 13. The strategy generates buy signals when the shorter-term moving averages cross above the longer-term ones (specifically when SMA5 > SMA8 > SMA13), indicating an upward trend. Sell signals are generated when the shortest moving average falls below both longer averages (SMA5 < SMA8 and SMA5 < SMA13), suggesting a downward trend. This strategy is designed to work on 15-minute timeframes and aims to capture medium-term price movements. Like all trading strategies, it should be used in conjunction with proper risk management and other technical analysis tools.
US30 Scalping Strategy 5 min chartStrategy Overview
Timeframe: 5-minute chart
Stop Loss: Previous candle’s high/low (1 candle SL)
Take Profit: 30 pips
Indicators:
Exponential Moving Averages (EMA): 9 EMA and 21 EMA for trend direction
Relative Strength Index (RSI): For momentum confirmation
Midnight Open RangeMidnight Open Range with Breakouts & Targets
This indicator helps traders identify and analyze the Midnight Open Range (12:00 AM to 12:30 AM ET) for potential trading opportunities. Key features include:
1. Automatic detection and plotting of the Midnight Open Range
2. Display of multiple historical ranges (customizable)
3. Breakout signals for range violations
4. Multiple target levels based on the range size
5. Customizable colors and styles for easy visual analysis
Perfect for traders looking to capitalize on overnight price action and early morning trends. Ideal for forex, futures, and 24-hour markets.
Note: For best results, use on lower timeframes (5-minute or less) with 24-hour chart data.