Customizable

Stochastic Bot with SL/TP Stochastic Momentum Bot with Risk Management Description This trading bot is an automated strategy designed for PulseWire. It aims to capitalize on short-term price reversals by identifying when an asset is temporarily "oversold" (priced too low) or "overbought" (priced too high) using the Stochastic Oscillator. Unlike basic indicator scripts that simply highlight buy and sell signals on a chart, this is a full Strategy Script. This means it virtually executes trades using historical data, applying strict Stop-Loss (SL) and Take-Profit (TP) percentages to protect your capital. It is highly customizable, allowing you to fine-tune the parameters to suit different assets and timeframes. How the Logic Works Entry (Buy): The bot enters a Long position when the %K line crosses above the %D line, but only if both lines are below the 20 threshold (indicating the asset is heavily oversold and momentum is shifting upward). Exit 1 (Take Profit): The bot will automatically close the trade if the price rises by your set Take-Profit percentage. Exit 2 (Stop Loss): The bot will automatically cut its losses and close the trade if the price drops by your set Stop-Loss percentage. Exit 3 (Momentum Reversal): If neither the SL nor TP is hit, the bot will close the trade early if the %K line crosses below the %D line while above the 60 threshold (indicating the asset is overbought and momentum is dying). Step-by-Step Guide to Using the Bot Part 1: Loading the Script into PulseWire Open PulseWire and load the chart you want to trade (e.g., TAO/USDT on the 15-minute timeframe). At the very bottom of the screen, click on the Pine Editor tab.Delete any existing code in the editor window so it is completely blank. Copy the Pine Script code provided previously and paste it into the editor. Click the Save button (floppy disk icon) at the top right of the Pine Editor and give your script a name (e.g., "Stochastic Bot"). Click the "Add to Chart" button. Part 2: Customizing the Strategy SettingsOnce the script is on your chart, a new menu will appear at the top left of your chart area with the name of your script.Hover over the script's name and click the Gear Icon (Settings).Click on the Inputs tab. Here is what each setting controls: Setting Name Default Description %K Length14 The number of previous candles used to calculate the main momentum line.%K Smoothing3Smooths out the %K line to reduce false signals.%D Smoothing3The moving average of the %K line, used as the trigger line for crossovers. Stop Loss (%)2.5 The maximum percentage of price drop you are willing to risk before exiting a trade. Take Profit (%)6.0 The percentage of price increase required to automatically lock in profits and exit. Part 3: Reading the Strategy Tester Once the bot is on your chart, the Strategy Tester tab at the bottom of the screen will automatically populate with backtesting data based on your current settings and timeframe. Net Profit: The total amount of money the bot made (or lost) over the given time period. Total Closed Trades: How many times the bot bought and sold. Percent Profitable (Win Rate): The percentage of trades that ended in a profit. Max Drawdown: The largest percentage drop in your account balance from its peak. This is a crucial metric for understanding risk; a high drawdown means the bot experienced severe losing streaks. List of Trades: A tab inside the Strategy Tester that shows you every single historical entry, exit, and the exact price it triggered at.

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Custom Buy/Sell Indicator Create you own custom strategies using this 'Custom Buy/Sell Indicator'. It allows other indicators to be combined together into a BUY/SELL strategy, using up to seven separate rules. It is essentially the same as my 'Simple Buy/Sell Indicator', but combines up to seven rules rather than just four, plus the rules can be combined using various different logical expressions. There are ten different logical expressions which should cover many common usages, however the list is by no means exhaustive. Should you require a different expression, drop me a comment and I'll try to provide an update. The output is: 1 = BUY 0 = None -1 = SELL This can then be used as an input to my 'Simple Pyramid Strategy' or my 'Complex Single Trade Strategy'. Each rule compares two values with can be zero centred with an offset of -50 to make it So instead of testing for overbought and oversold with > 70 and < 30, you would offset by -50. Then you would test for > 20 (overbought), which becomes < -20 (oversold) when inverted.

Indicator

by JustinTimeTunes

LJ Parsons Adjustable expanding MRT Fib Based on premium/discount/fair-value levels the indicator will expand with the market by settable dates. The levels are not fib based as such but are resonant levels within an multiplicative /12 log scale using the LJ Parsons Market resonance hypothesis.

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VX-Session-Boxes-(AM/PM Split)(Customizable) by Ikaru-s-VX-Session-Boxes-(AM/PM Split) is a session-based visualization tool for PulseWire that highlights major market sessions directly on the chart using dotted range boxes and an optional AM/PM split. The indicator allows traders to visually separate market behavior across different sessions while keeping the chart clean and readable. 🔹 Key Features Custom Session Definitions Define up to 4 independent sessions using PulseWire’s session format (HHMM-HHMM + weekdays). Timezone-Aware All sessions are calculated using a user-defined timezone (IANA or UTC offset), ensuring accurate session alignment across markets. Dotted Session Boxes Each session is drawn as a dotted box based on the session’s high/low range, providing a clear view of volatility and price structure. AM / PM Split Visualization Sessions can be visually split into AM and PM parts: Separate box shading for AM and PM Optional dotted vertical split line at the AM → PM transition (12:00 in the selected timezone) Session Labels Optional labels at the start of each session for quick identification (e.g. Sydney, Tokyo, London, New York). Fully Customizable Visuals Adjustable opacity, border width, and visibility toggles for boxes, split lines, and labels. 🔹 Use Cases Session-based market analysis (Asia / London / New York) Identifying session ranges and volatility expansion Observing price behavior differences between AM and PM Studying session transitions and liquidity shifts 🔹 Notes Session boxes are based on session high and low, not full chart height. AM/PM split is based on 12:00 (noon) in the selected timezone. Designed for clarity and performance on intraday timeframes. 🔹 Compatibility Pine Script® v6 Works on all intraday timeframes Overlay indicator (draws directly on the price chart)

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5 DMA Entry Plus 5 DMA Entry Plus - Multi-Strategy Entry Signal Indicator Overview: The 5 DMA Entry Plus is a versatile entry signal indicator that combines multiple proven technical analysis methods to identify potential buy opportunities. This indicator is designed to be highly customizable, allowing traders to toggle between different entry strategies or combine them for confluence-based entries. Key Features: 1. Multiple Entry Strategy Options: Default Close Above Entry: Triggers when price closes above the 5-day moving average (with optional HMA filter) Green Wick Candle Signal: Identifies bullish candles where the wick pierces above key moving averages, indicating rejection of lower prices 5DMA Zero/Upslope Entry: Generates signals when the 5DMA is flat or sloping upward, confirming momentum HMA Cross Entry: Triggers when price crosses above the Hull Moving Average, a responsive momentum indicator 2. Adaptive HMA Filter: Toggle the HMA (Hull Moving Average) filter on or off to adjust signal sensitivity. When enabled, price must be above both the 5DMA and 20 HMA for confirmation. When disabled, only the 5DMA is required, generating more frequent signals. 3. Smart Reset Logic: The indicator includes intelligent reset functionality that prevents signal spam. Once an entry signal is generated, no new signals appear until price closes below the moving average(s), ensuring clean, actionable entries without clutter. 4. Visual Components: 5-Day Moving Average (Blue Line): The primary trend reference 20-Period Hull Moving Average (Orange Line): Fast-responding momentum filter Buy Signals (Green Labels): Clear "Buy" labels appear below candles when entry conditions are met Built-in Alerts: Set up custom alerts to be notified when entry signals trigger Customizable Inputs: Use HMA Filter: Enable/disable the 20 HMA confirmation requirement Include Green Wick Candle Signal: Toggle wick-based entry detection Use 5DMA Zero/Upslope Entry: Enable slope-based entry logic Use HMA Cross Entry: Enable HMA crossover signals HMA Length: Adjust the Hull Moving Average period (default: 20) Best Use Cases: Swing trading on daily and 4-hour timeframes Identifying pullback entries in uptrends Combining multiple confirmation signals for high-probability setups Filtering entries in momentum-based strategies Strategy Flexibility: This indicator allows you to use each entry method independently or combine multiple methods for confluence. Test different combinations to find what works best for your trading style and the instruments you trade. Risk Management Note: This indicator identifies potential entry points but does not provide exit signals or stop-loss levels. Always use proper risk management and combine with your own exit strategy.

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Customizable Dashboard (SIMPLE)This is a custom table where you can track any ticker and it's daily change. color coded to make things easy.

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by MerloClover-PugetPointCapital

3 MA's with Crossing Signals Plots three fully configurable moving averages on one chart and prints/alerts BUY/SELL signals when price crosses your chosen MA(s). Built to match PulseWire’s built-ins exactly. Features Per-line MA type: SMA, EMA, SMMA (RMA), WMA, VWMA Per-line settings: length, color, offset Source control: Close, Open, High, Low, HL2, HLC3, OHLC4 Optional Heikin Ashi calculation for both the MAs and the cross price Toggle signals vs MA1 / MA2 / MA3 independently Alert conditions for every cross (ready for “Once per bar close”) How signals work UP when the selected price stream crosses above the chosen MA DOWN when it crosses below Signals/alerts follow your selected source (and HA toggle) to keep everything consistent.

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by zac_wastaken

Levels This Indicator is meant to plot some of the most common levels that traders use. The display of these levels is highly customizable, as you can choose the line type , color , thickness and whether it shows you no label, price only, reduced label or full label next to the line. All labels (except for "no Label") will show the price at this level. Also You have the option to mark the start on each timeframe with either a individually colored background or a vertical line where you can choose the line style and color. Full List of available Levels and Optional inputs to these levels: Previous HTF Candle Levels: • Previous HTF Candle Open • Previous HTF Candle High • Previous HTF Candle Low • Previous HTF Candle Close Optional: • Choose any higher timeframe • Mark start of new HTF candle Session Levels: • Session Open • Session High • Session Low • Session Close Optional: • Choose any time as start and end of your session • Mark start of session • Mark full session Daily Levels: • Current Day Open • Current Day High • Current Day Low • Previous Day Open • Previous Day High • Previous Day Low • Previous Day Close Optional: • Choose start of day (standard, NY Midnight, custom start time) • Mark start of day Weekly Levels: • Current Week Open • Current Week High • Current Week Low • Previous Week Open • Previous Week High • Previous Week Low • Previous Week Close Optional: • Mark start of Week Monthly Levels: • Current Month Open • Current Month High • Current MonthLow • Previous Month Open • Previous Month High • Previous Month Low • Previous Month Close Optional: • Mark start of Month

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Dual Custom Index with Spread Dual Custom Index with Spread Create powerful custom indices from any instruments and analyze their relative strength dynamics Overview This advanced indicator allows you to build two completely customizable indices from your choice of instruments and analyze their spread relationship. Perfect for inter-market analysis, sector rotation strategies, currency strength comparisons, and sophisticated relative performance studies. Key Features 🔧 Fully Customizable Index Construction Build each index from up to 6 instruments with individual weightings Enable/disable instruments on the fly without losing settings Automatic weight validation ensures mathematically accurate calculations Invert functionality for instruments that move opposite to index strength 📊 Advanced ADX-Based Methodology Uses sophisticated ADX +DI/-DI directional bias calculations Normalized bias calculation for consistent scaling across different instruments Optimized default settings for intraday trading with full customization options Professional-grade smoothing and filtering options 📈 Dual Analysis Modes Difference Mode: Shows absolute strength difference (Index1 - Index2) Ratio Mode: Shows relative performance ratio (Index1 / Index2) Additional spread smoothing for cleaner signals 🎨 Professional Display Options Custom labels with full color, size, and positioning control Dynamic "Follow Line" labels that move with your data Static corner positioning for reference displays Clean error messaging and validation feedback Use Cases Gold Trading: Create gold strength vs USD strength indices for precise market timing Sector Analysis: Compare technology vs financial sector strength for rotation strategies Currency Strength: Build custom currency baskets for advanced forex analysis Commodity Spreads: Analyze relative strength between different commodity groups Regional Markets: Compare strength between different geographical market indices Crypto Analysis: Track relative performance between different cryptocurrency sectors Technical Specifications Instruments per Index: Up to 6 with individual enable/disable Weight Validation: Automatic 100% total weight enforcement Calculation Method: ADX-based directional bias with trend strength weighting Smoothing Options: Multiple levels of customizable smoothing Error Handling: Professional validation with clear user feedback Optimization Tips Intraday Trading: Use DI Length 3-7 for faster response Daily Analysis: Use DI Length 10-14 for smoother signals Noisy Markets: Increase Final Smoothing for cleaner signals Trending Markets: Lower smoothing values for faster reaction Perfect for traders who need sophisticated inter-market analysis tools beyond standard indicators. Whether you're analyzing gold vs dollar dynamics, sector rotation opportunities, or custom currency strength relationships, this indicator provides institutional-grade analysis capabilities with complete customization flexibility.

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Multi Averages - Customizable This script adds up to 5 moving averages to your plot! Both type and length are customizable.

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Custom Opening Times This indicator displays custom opening levels on your chart. Define multiple opening times, each with its own customizable style. Display these levels as horizontal lines at the opening price, or as vertical lines to mark the opening time. Custom Opening Times 4 Independent Groups with 4 custom opening levels each Set any custom opening time (displayed in New York Local Time) Choose between Opening Price lines, Vertical time markers, or Both Cutoff Times: Stop extending lines after specified times Higher Timeframe Levels 5 Configurable HTF levels supporting any timeframe Display opening prices from Daily, Weekly, Monthly, Quarterly, and custom timeframes Show Previous High/Low levels from higher timeframes

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Metatron Lines (Highs & Lows Geometry)Metatron Lines Hey PulseWire community! 👋 I wanted to share something I've been working on that might help you see market structure from a different angle. This indicator connects pivot highs and lows using geometric patterns, creating what I call "Metatron Lines." What it does (simply put): - Finds significant highs and lows on your chart - Draws lines connecting these points to reveal hidden geometric relationships - Shows you the underlying structure that price tends to respect Why I built this: I noticed that markets often move in patterns that aren't immediately obvious. Sometimes the most important levels aren't the obvious support and resistance lines, but the intersections and angles created by connecting multiple pivot points. This tool helps visualize those relationships. How it might help you: - Pattern Recognition : Spot geometric formations that traditional analysis might miss - Support/Resistance : See where multiple geometric lines converge to create strong levels - Market Structure : Better understand how price flows and where it might find obstacles - Confluence Areas : Identify zones where multiple geometric elements align A few honest thoughts: This isn't a magic bullet or a guaranteed profit maker (nothing is!). It's simply another lens through which to view price action. Some traders find geometric analysis helpful, others prefer different approaches - and that's perfectly fine. I've tried to make it customizable so you can adjust it to fit your trading style and timeframe. The default settings work well for most instruments, but feel free to experiment. Settings you can adjust: - Pivot detection sensitivity - Number of connection points - Line colors and styles - Which connections to show (highs, lows, or both) I hope some of you find this useful! I'm always learning from this community, so if you have suggestions for improvements or different ways to use it, I'd love to hear them. Trade safe and trust your process! 📈 --- This indicator is provided as-is for educational and analysis purposes. Please practice proper risk management and never risk more than you can afford to lose.

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Custom Previous High/Low + Breakout Alerts This indicator plots the previous high and low of the selected timeframe and alerts you when the price breaks either level. To prevent spam, it triggers only once per period. If both the high and low break within the same period, you will receive an alert for each, but no duplicates if price hovers around these levels. How to Set Up Alerts 1. Choose Your Timeframe - In the indicator settings, select the timeframe for the high/low reference. - Example: If you select 1 hour, the indicator will plot the previous 1-hour high and low and alert you when either level is broken 2. Create an Alert - Condition → High/Low Break Alerts - Function → Any alert() function call Optional: - If you want alerts only for high breakouts or low breakouts, select High Breakout or Low Breakout and use "Once Per Bar" as the trigger. (It will still alert only once per period.) 3. Setting Alerts for Multiple Timeframes - If you want to create another alert for a different timeframe, first select the new timeframe in the indicator settings, then create a new alert - Note: Previous alerts will continue to notify you based on the timeframe they were originally set for, even if you change the timeframe in the indicator settings.

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Dynamic EMA Crossover The Dynamic EMA Crossover indicator is designed to help traders identify trend transitions, visually understand market direction, and detect sideways consolidation zones. It simplifies decision-making by dynamically changing colors and highlighting areas of interest. Key Features: 1. Dynamic EMA Crossovers: • Uses two EMAs (default: 9 and 26 ) to identify bullish and bearish trends. • EMAs and the area between them turn green during bullish trends and red during bearish trends for easy visualization. 2. Sideways Market Detection: • Automatically detects periods of market consolidation when EMAs overlap for 10 consecutive candles and the price movement remains narrow. • Sideways zones are highlighted with grey background, helping traders avoid false breakouts and trendless markets. 3. Customizable Inputs: • Adjust the lengths of the two EMAs and the sensitivity of the overlap detection to match your trading style and market conditions. How It Works: • Trend Identification: • When the shorter EMA crosses above the longer EMA, a bullish trend is indicated. • When the shorter EMA crosses below the longer EMA, a bearish trend is indicated. • The indicator dynamically adjusts the colors of the EMAs and fills the area between them for clear trend visibility. • Sideways Market Detection: • When the shorter EMA and longer EMA stay close (within a customizable sensitivity) for a fixed period (hardcoded to 10 candles), the indicator identifies a sideways market. • This feature helps traders avoid entering trades during choppy or indecisive market conditions. Who Is This For? This indicator is ideal for: • Trend traders looking for clear signals of trend direction. • Swing traders who want to avoid trading in sideways markets. • Scalpers who need quick and reliable visual cues for short-term market behavior. Use Cases: 1. Bullish/Bearish Trends: • Enter trades in the direction of the trend as the crossover occurs and colors change. 2. Sideways Zones: • Avoid trades during periods of consolidation and wait for a clear breakout. Mashup Logic: This indicator combines: 1. EMA Crossovers: • A tried-and-tested method for trend detection using two moving averages. • Dynamic visual cues for bullish and bearish market phases. 2. Sideways Market Detection: • Innovative logic to highlight sideways zones based on EMA overlap and price range analysis. • Helps reduce noise and avoid trading during trendless periods. 3. Customization and Flexibility: • Fully adjustable EMA lengths and overlap sensitivity to adapt to different markets and trading styles.

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by TradeTechanalysis

Relative Performance Indicator by ComLucro - 2025_V01 The "Relative Performance Indicator by ComLucro - 2025_V01" is a powerful tool designed to analyze an asset's performance relative to a benchmark index over multiple timeframes. This indicator provides traders with a clear view of how their chosen asset compares to a market index in short, medium, and long-term periods. Key Features: Customizable Lookback Periods: Analyze performance across three adjustable periods (default: 20, 50, and 200 bars). Relative Performance Analysis: Calculate and visualize the difference in percentage performance between the asset and the benchmark index. Dynamic Summary Label: Displays a detailed breakdown of the asset's and index's performance for the latest bar. User-Friendly Interface: Includes customizable colors and display options for clear visualization. How It Works: The script fetches closing prices of both the asset and a benchmark index. It calculates percentage changes over the selected lookback periods. The indicator then computes the relative performance difference between the asset and the index, plotting it on the chart for easy trend analysis. Who Is This For?: Traders and investors who want to compare an asset’s performance against a benchmark index. Those looking to identify trends and deviations between an asset and the broader market. Disclaimer: This tool is for educational purposes only and does not constitute financial or trading advice. Always use it alongside proper risk management strategies and backtest thoroughly before applying it to live trading. Chart Recommendation: Use this script on clean charts for better clarity. Combine it with other technical indicators like moving averages or trendlines to enhance your analysis. Ensure you adjust the lookback periods to match your trading style and the timeframe of your analysis. Additional Notes: For optimal performance, ensure the benchmark index's data is available on your PulseWire subscription. The script uses fallback mechanisms to avoid interruptions when index data is unavailable. Always validate the settings and test them to suit your trading strategy.

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Katalyst's Opening Range Breakout Katalyst's Opening Range Breakout + No Trade Zone 📜 Overview: This indicator allows traders to visualize the high and low of the opening range for a user-selected timeframe (e.g., 30s, 1m, 5m, 15m). It features fully customizable lines, labels, and an optional **No Trade Zone** fill to help you identify breakout levels with ease. --- 🎯 Key Features: 1. **Customizable Opening Range**: - Select your preferred opening range duration: **30 seconds, 1 minute, 2 minutes, 5 minutes, 10 minutes, or 15 minutes**. - The indicator calculates and plots the **high** and **low** of the selected opening range. 2. **Dynamic Line Styling**: - Choose the **line color**, **transparency**, and **style**: **Solid, Dashed, or Dotted**. - Lines extend to the right of the chart for clarity. 3. **No Trade Zone** *(Optional / Disabled by default)*: - When enabled, fills the area between the high and low lines with a customizable **color and transparency**. - Helps visually identify consolidation areas where trading might be avoided. 4. **Labels for Precision**: - Clearly displays the **Opening Range High** and **Low** values. - Labels are color-coded and positioned dynamically for easy interpretation. 5. **Clean and Efficient Updates**: - The indicator deletes old lines, labels, and fills before creating new ones, ensuring a clutter-free chart. --- ⚙️ How to Use: 1. **Select Your Timeframe**: - From the settings, choose your desired opening range duration: 30s, 1m, 2m, 5m, 10m, or 15m. 2. **Customize the Visuals**: - Adjust line color, style, and transparency. - Enable the **No Trade Zone** for a transparent background fill between the high and low lines. 3. **Interpret the Breakout**: - Watch for price movements above or below the **opening range** to identify potential breakout opportunities. --- 🛠 Settings: Opening Range Duration: Select the timeframe for the opening range (30s, 1m, 2m, 5m, 10m, 15m). Line Color: Set the color of the range lines. Line Transparency: Adjust the transparency of the lines (0 = solid, 100 = invisible). Line Style: Choose line style: Solid, Dashed, or Dotted. Label Colors: Customize the label colors for the high and low values. Enable No Trade Zone: Fill the area between high and low lines with a transparent color. No Trade Zone Color: Set the fill color for the no trade zone. No Trade Zone Transparency: Adjust the transparency of the no trade zone fill. --- 📈 Ideal For Day traders and scalpers looking to trade **breakouts**. Traders who want to identify areas of consolidation visually. Anyone who relies on the **opening range** for their trading strategy. --- 🔍 Example Usage: Set the opening range to **5 minutes** and enable the **No Trade Zone** with a light red fill. Watch for price to break above or below the high/low lines to signal potential trade opportunities. --- ✨ Why Use This Indicator? This script simplifies your breakout strategy by providing a clear, visually appealing representation of the opening range. The flexible customization options and the optional **No Trade Zone** make it a powerful tool for identifying high-probability trades. --- Let me know if you need any additional tweaks or clarifications for this description. It's all set to help traders understand and use your powerful script! 🚀📈

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Sticky Note Pro: Customizable Trading Checklist Stay organized and disciplined with this customizable sticky note on your PulseWire chart. Perfect for traders who want to keep essential trading reminders, checklists, or notes visible while analyzing the market. ### Features: - **Customizable Templates**: Choose from a **Trading Checklist**, **Risk Management**, or **Custom** template. - **Section Customization**: Tailor the titles and content for up to three sections: - 📊 **Analysis**: Track trend direction and support/resistance levels. - 💰 **Risk Management**: Ensure proper risk management with reminders for risk percentage and stop loss settings. - 🧠 **Psychology**: Stay disciplined with reminders to stick to your plan and avoid overtrading. - **Dynamic Content**: Add or hide sections based on your preference, with dynamic spacing and content formatting. - **Visual Customization**: Change text and background colors, and adjust text size and line spacing for optimal visibility. - **Chart Integration**: The sticky note is displayed on the top-right corner of your chart and updates with the most recent bar. ### Why Use This Indicator? This tool helps you stay on track with your trading plan, offering reminders for analysis, risk management, and trading psychology, all in one convenient place. Customize it to fit your style, and never miss a key point during your trading sessions again.

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Hourly Separator + Opening Line This indicator shows the vertical and horizontal opening lines for the hourly timeframe. Also has options to choose a different opening time: - 1 Hour - 30 Min - 15 Min - 10 Min - 5 Min

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Custom Time Range Highlighter Custom Time Range Highlighter This versatile indicator allows traders to highlight specific time ranges on their charts, accommodating users worldwide by supporting customizable UTC offsets. Traders can define two distinct time ranges, setting start and end hours in their local time zone. A toggle option enables the display of highlights for today only , ensuring focus on current trading conditions. Ideal for day traders and those following specific market sessions, this tool enhances visibility of active trading periods and aids in effective trade management.

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by JohnnyFarmerr

RSI Volatility Bands [QuantraSystems]RSI Volatility Bands Introduction The RSI Volatility Bands indicator introduces a unique approach to market analysis by combining the traditional Relative Strength Index (RSI) with dynamic, volatility adjusted deviation bands. It is designed to provide a highly customizable method of trend analysis, enabling investors to analyze potential entry and exit points in a new and profound way. The deviation bands are calculated and drawn in a manner which allows investors to view them as areas of dynamic support and resistance. Legend Upper and Lower Bands - A dynamic plot of the volatility-adjusted range around the current price. Signals - Generated when the RSI volatility bands indicate a trend shift. Case Study The chart highlights the occurrence of false signals, emphasizing the need for caution when the bands are contracted and market volatility is low. Juxtaposing this, during volatile market phases as shown, the indicator can effectively adapt to strong trends. This keeps an investor in a position even through a minor drawdown in order to exploit the entire price movement. Recommended Settings The RSI Volatility Bands are highly customisable and can be adapted to many assets with diverse behaviors. The calibrations used in the above screenshots are as follows: Source = close RSI Length = 8 RSI Smoothing MA = DEMA Bandwidth Type = DEMA Bandwidth Length = 24 Bandwidth Smooth = 25 Methodology The indicator first calculates the RSI of the price data, and applies a custom moving average. The deviation bands are then calculated based upon the absolute difference between the RSI and its moving average - providing a unique volatility insight. The deviation bands are then adjusted with another smoothing function, providing clear visuals of the RSI’s trend within a volatility-adjusted context. rsiVal = ta.rsi(close, rsiLength) rsiEma = ma(rsiMA, rsiVal, bandLength) bandwidth = ma(bandMA, math.abs(rsiVal - rsiEma), bandLength) upperBand = ma(bandMA, rsiEma + bandwidth, smooth) lowerBand = ma(bandMA, rsiEma - bandwidth, smooth) long = upperBand > 50 and not (lowerBand < lowerBand and lowerBand < 50) short= not (upperBand > 50 and not (lowerBand < lowerBand and lowerBand < 50)) By dynamically adjusting to market conditions, the RSI trend bands offer a unique perspective on market trends, and reversal zones.

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by Cryptosystems

HTF Volume by Prosum Solutions Overview of Features This indicator was inspired by the work of "LonesomeTheBlue" in the script called "Volume Multi Time Frame" . This script will provide a highly customizable interface to specify the higher timeframe period for the volume with the ability to link to the "HTF Candles by Prosum Solutions" indicator using the "HTF Setting Code" data point, as well as adjusting various styling options for the volume bar color fill and border. Usage Information The indicator can be applied to any chart at any time frame. When the "Chart" option is chosen for the "Timeframe" field, the indicator will attempt to find a higher timeframe resolution to ensure the volume bars are drawn. The indicator will simply accumulate the volume value for each candlestick bar and reset when the new high timeframe period has started. The color of the volume bars are relative to the higher timeframe setting so that you can visually interpret when the volume in a rising or falling state relative to the higher timeframe price action. If you choose to add the "HTF Candles by Prosum Solutions" indicator, you can link this indicator to it by choosing the "HTF Candles" option for the "Timeframe Source" field and then choosing the "HTF Setting Code" option for the "HTF Candles" field. At this point, whenever you adjust the high timeframe setting in the "HTF Candles by Prosum Solutions" indicator, this indicator will automatically adjust the timeframe to match it, thereby reducing the steps you need to take to keep the two indicators in sync. Enjoy! 👍

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by prosum_solutions

Spice In the chart photo is a description for each shape and letter, saying what each one is. BB, Reversals are off by default. BB + Reversals + Next bar confirmation - The way this should be used is by waiting for a 1 or 2 bar confirmation closed above/below the high/low of the Reversal candle. So if its a Top R, a yellow box will print as a confirmed 1 bar if it closed below the top R's low, then you can wait for the second bar to close also below the Top R's low. Vice versa with the Bot R. RSI arrows - Essentially showing you when the multi time frame RSIs are coming back up above 30, or below 70. Respective to what time frames you have selected. Three Line Strike - A trend continuation candlestick pattern consisting of four candles Leledc Exhaustion suggest the trend may be reversing. Combined with the moving average as a trend filter, the indicator can signal the end of a pull back and the continuation of the trend. EMAs - Help measuring the trend direction over a period of time. Credit to all these amazing creators - Multi Timeframe RSI (LTF) by @millerrh 3 Line Strike by @Lij_MC 'MarketVision A' Leledc Exhaustion by @glaz, used updated version by @Joy_Bangla If anyone uses the BB reversals source code to put into their own indicator/strategy, you are free to do so. Just send me a message I'd love to see your work with it! :) Thanks to Lij_MC's MarketVision A indicator for inspiring me to add more features. At first it was just the RSI Arrows and the BB reversals candles + Condition but then I found MarketVision A and loved the extra Leledc and 3 Line Strike features. Hope you enjoy this Spice! No Signal is 100% correct at what it's trying to do. Use caution when trading! Practice Risk Management.

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by Crypto_Chili_

[MAD] Mindreader Hi, This is a multiband indicator that shows you liquid support and resistance ranges based on growing offsets and growing ATR channels. In the end, when setup well, you can make, based on historical observations, estimates of how traders will react, maybe identical again. How to use: Setup: Activate the two checkboxes for centerline and All_Lines Start with the middle line to establish the general direction of the asset. With the 6 following options, you try to match the trends in the outer bands as good as possible. Small changes can be made by till you have best fitting overall bands. I tried to make small steppingsize to visual setup very easy. Change a bit... wait look,... change a bit, wait look... Deactivate the two setup boxes and continue with setting up the colors. Have fun figuring out the perfect wave !!

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In-depth global business and economic analysis Comprehensive trading education and market insights