DCA Zones: MA100 Buffer (Buy-the-Dip Highlight)Highlights potential DCA buy zones when price drops X% below the 100-period MA.
Indicator
Dipbuy
Top Finder & Dip Hunter [BackQuant]Top Finder & Dip Hunter
A practical tool to map where price is statistically most likely to exhaust or mean-revert. It builds objective support for dips and resistance for tops from multiple methodologies, then filters raw touches with volume, momentum, trend, and price-action context to surface higher-quality reversal opportunities.
What this does
Draws a Dip Support line and a Top Resistance line using the method you select, or a blended hybrid.
Evaluates each touch/penetration against Quality Filters and assigns a 0–100 composite score.
Prints clean DIP and TOP signals only when depth/extension and quality pass your thresholds.
Optionally annotates the chart with the computed quality score at signal time.
Why it’s useful
Objectivity: Converts vague “looks extended” into rules, reduces discretion creep.
Signal hygiene: Filters raw touches using trend, volume, momentum, and candle structure to avoid obvious traps.
Adaptable regimes: Switch methods, sensitivity, and lookbacks to match choppy vs trending conditions.
How support and resistance are built
Pick one per side, or use “Hybrid.”
Dynamic: Anchors to the extreme of a lookback window, padded by recent ATR, so buffers expand in volatile periods and contract when calm.
Fibonacci: Uses the 0.618/0.786 retracement pair inside the current swing window to target common reaction zones.
Volatility: Uses a moving-average basis with standard-deviation bands to capture statistically stretched moves.
Volume-Weighted: Centers off VWAP and penalizes deviations using dispersion of price around VWAP, helpful on intraday instruments.
Hybrid: A weighted average of the above to smooth out single-method biases.
When a touch becomes a signal
Depth/extension test:
Dips must penetrate their support by at least Min Dip Depth % .
Tops must extend above resistance by at least Min Top Rise % .
Quality Score gate: The composite must clear Min Quality Score . Components:
Trend alignment: Favor dips in bullish regimes and tops in bearish regimes using EMAs and RSI.
Volume confirmation: Reward expansion or spikes versus a 20-period baseline.
RSI context: Prefer oversold for dips, overbought for tops.
Momentum shift: Look for short-term momentum turning in the expected direction.
Candle structure: Reward hammer/shooting-star style responses at the level.
How to use it
Pick your regime:
Range/chop, small caps, mean-revert intraday → Volatility or Volume Weighted .
Cleaner swings/trends → Dynamic or Fibonacci .
Unsure or mixed conditions → Hybrid .
Set windows: Start with Lookback = 50 for both sides. Increase in higher timeframes or slow assets, decrease for fast scalps.
Tune sensitivity: Raise Dip/Top Sensitivity to widen buffers and reduce noise. Lower to be more aggressive.
Gate with quality: Begin with Min Quality Score = 60 . Push to 70–80 for cleaner swing entries, relax to 50–60 for scalps.
Act on first prints: The script only fires on new qualified events. Use the score label to prioritize A-setups.
Typical workflows
Intraday futures/crypto: Volume-Weighted or Volatility methods for both sides, higher Sensitivity , require Volume Filter and Momentum Filter on. Look for DIP during opening drive exhaustion and TOP near late-session fatigue.
Swing equities/FX: Dynamic or Fibonacci with moderate sensitivity. Keep Trend Filter on to only take dips above the 200-EMA and tops below it.
Countertrend scouts: Lower Min Dip Depth % / Min Top Rise % slightly, but raise Min Quality Score to compensate.
Reading the chart
Lines: “Dip Support” and “Top Resistance” are the current actionable rails, lightly smoothed to reduce flicker.
Signals: “DIP” prints below bars when a qualified dip appears, “TOP” prints above for qualified tops.
Scores: Optional labels show the composite at signal time. Favor higher numbers, especially when aligned with higher-timeframe trend.
Background hints: Light highlights mark raw touches meeting depth/extension, even if they fail quality. Treat these as early warnings.
Tuning tips
If you get too many false DIP signals in downtrends, raise Min Dip Depth % and keep Trend Filter on.
If tops appear late in squeezes, lower Top Sensitivity slightly or switch top side to Fibonacci .
On assets with erratic volume, prefer Volatility or Dynamic methods and down-weight the Volume Filter .
For strict systems, increase Min Quality Score and require both Volume and Momentum filters.
What this is not
It is not a blind reversal signal. It’s a structured context tool. Combine with your risk plan and higher-timeframe map.
It is not a guarantee of mean reversion. In strong trends, expect fewer, higher-score opportunities and respect invalidation quickly.
Suggested presets
Scalp preset: Lookback 30–40, Sensitivity 1.2–1.5, Quality ≥ 55, Volume & Momentum filters ON.
Swing preset: Lookback 75–100, Sensitivity 1.0–1.2, Quality ≥ 70, Trend & Volume filters ON.
Chop preset: Volatility/Volume-Weighted methods, Quality ≥ 60, Momentum filter ON, RSI emphasis.
Input quick reference
Dip/Top Method: Choose the model for each side or “Hybrid” to blend.
Lookback: Swing window the levels are built from.
Sensitivity: Scales volatility padding around levels.
Min Dip Depth % / Min Top Rise %: Minimum breach/extension to qualify.
Quality Filters: Trend, Volume, Momentum toggles, plus Min Quality Score gate.
Visuals: Colors and whether to print score labels.
Best practices
Map higher-timeframe trend first, then act on lower-timeframe DIP/TOP in the trend’s favor.
Use the score as triage. Skip mediocre prints into news or at session open unless score is exceptional.
Pre-define stop placement relative to the level you used. If a DIP fails, exit on loss of structure rather than waiting for the next print.
Bottom line: Top Finder & Dip Hunter codifies where reversals are most defensible and only flags the ones with supportive context. Tune the method and filters to your market, then let the score keep your playbook disciplined.
Indicator
Trend Strength/DirectionThis is a really good, though complex indicator, so I will add two different explanations so to appease both the laymen and those who take the time to read thoroughly.
Simple Explanation
This indicator utilizes 6HMA's to display their angles
The greater the angle ---> the stronger the trend
If more angles are positive, then trend is very strong
If more are negative, then very negative
Comprehensive Explanation
6 angles, each of a different time frame are used to represent direction and trend strength. Angles are used because they intrinsically represent momentum and speed. An angle of 45 represents a perfect balance between something that can cover the furthest distance without compensating for speed. 1 of the 6 angles is intended(though customizable) to represent the 5 hma's angle. This is because the 5hma is very good at representing very near term price action.
Angle Levels
Its important to understand what the angle levels mean for the underlying hma's. The 0 level represents a hma that is horizontal. This is important because this is the point at which it decides to be bullish or bearish. +/- 45, as noted before, represent bullishness/bearishness that represent strong trends without compensating for speed. A continuous increase/decrease and or a cross of these levels generally indicate significant change in sentiment, of which trades may be taken.
Strategy
You should weigh your decision by those angles that represent the longer time frame. If more angles represent a certain sentiment, it is obviously unwise to fight against that long term sentiment. The purpose of this indicator was to provide a proper representation of trend direction and strength, but also solve the problem of when you should 'dip' buy.
For an example: if all angles are increase or decreasing, then you may use the 5hma's angle to find the proper points at which you will enter a position.
***NOTE: I dont think the +/- 45 bands should indicate 'overbought' or 'oversold' zones that some might assume. Instead you should wait for a crossing of this zone.
Indicator
Deviations from ARL (DARL)Similar to Bollinger Bands, this indicator uses standard deviations but from Adaptive Rebound Lines (See: 'ARL').
The adaptiveness of the 'ARL' is further affected by volatility and helps greatly in spotting the possible strength and direction of rebounds.
All this information is presented with minimal lag thanks to the rebound qualities of the 'ARL' adapting to market volatility.
----- HOW TO USE IT -----
1) Use with 1h time frame.
2) Smaller width typically means that price will be moving is smaller movements.
3) Small price movements while the width is increasing typically means that a large price move will occur soon.
4) Larger width typically means that price will be moving in larger movements.
5) Very large width with sideways price typically means that the price will have a bias towards the center.
Note: A V-Offset of 1 is also a good setting alternative for this indicator.
----- HOW THIS INDICATOR IS ORIGINAL; WHAT IT DOES AND HOW IT DOES IT -----
This indicator has an original, unique ability in anticipating the strength and direction of a price rebound while at the same time showing the bias of the rebound with minimal lag.
It does this by letting the adaptive qualities of the 'ARL' be affected by market volatility, not just by price movement alone.
----- VERSION -----
This indicator is not a variation, replacement, or presentation of the 'ARL' or the 'ARL' Bands -- it merely derives its base calculations for standard deviations from the 'ARL'.
However, this indicator affects the calculations of the standard 'ARL' with volatility and creates a new, unique calculation.
It thus presents a totally different context for price action.
A standard 'ARL' helps in finding possible rebounds but it does not help in finding the strength of them or the directional bias of a rebound.
This is because a standard 'ARL' is more negligent of market volatility and adapts to price movement alone.
In contrast, this indicator does help in anticipating the strength and direction of the rebound because it adapts deviations from an 'ARL' to market volatility.
Therefore, the lines cannot be adjusted individually but in pairs and only further from their respective, mirroring lines.
Indicator
LowFinder_PyraMider_V2This strategy is a result of an exploration to experiment with other ways to detect lows / dips in the price movement, to try out alternative ways to exit and stop positions and a dive into risk management. It uses a combination of different indicators to detect and filter the potential lows and opens multiple positions to spread the risk and opportunities for unrealized losses or profits. This script combines code developed by fellow Tradingview community_members.
LowFinder
The lows in the price movement are detected by the Low finder script by RafaelZioni . It finds the potential lows based on the difference between RSI and EMA RSI. The MTF RSI formula is part of the MTFindicators library developed by Peter_O and is integrated in the Low finder code to give the option to use the RSI of higher timeframes. The sensitivity of the LowFinder is controlled by the MA length. When potential lows are detected, a Moving Average, a MTF Stochastic (based the the MTFindiicators by Peter_O) and the average price level filter out the weak lows. In the settings the minimal percentage needed for a low to be detected below the average price can be specified.
Order Sizing and Pyramiding
Pyramiding, or spreading multiple positions, is at the heart of this strategy and what makes it so powerful. The order size is calculated based on the max number of orders and portfolio percentage specified in the input settings. There are two order size modes. The ‘base’ mode uses the same base quantity for each order it opens, the ‘multiply’ mode multiplies the quantity with each order number. For example, when Long 3 is opened, the quantity is multiplied by 3. So, the more orders the bigger the consecutive order sizes. When using ‘multiply’ mode the sizes of the first orders are considerably lower to make up for the later bigger order sizes. There is an option to manually set a fixed order size but use this with caution as it bypasses all the risk calculations.
Stop Level, Take Profit, Trailing Stop
The one indicator that controls the exits is the Stop Level. When close crosses over the Stop Level, the complete position is closed and all orders are exited. The Stop Level is calculated based on the highest high given a specified candle lookback (settings). There is an option to deviate above this level with a specified percentage to tweak for better results. You can activate a Take Profit / Trailing Stop. When activated and close crosses the specified percentage, the Stop Level logic changes to a trailing stop to gain more profits. Another option is to use the percentage as a take profit, either when the stop level crosses over the take profit or close. With this option active, you can make this strategy more conservative. It is active by default.
And finally there is an option to Take Profit per open order. If hit, the separate orders close. In the current settings this option is not used as the percentage is 10%.
Stop Loss
I published an earlier version of this script a couple of weeks ago, but it got hidden by the moderators. Looking back, it makes sense because I didn’t pay any attention to risk management and save order sizing. This resulted in unrealistic results. So, in this script update I added a Stop Loss option. There are two modes. The ‘average price’ mode calculates the stop loss level based on a given percentage below the average price of the total position. The ‘equity’ mode calculates the stop loss level based on a given percentage of your equity you want to lose. By default, the ‘equity’ mode is active. By tweaking the percentage of the portfolio size and the stop loss equity mode, you can achieve a quite low risk strategy set up.
Variables in comments
To sent alerts to my exchange I use a webhook server. This works with a sending the information in the form of a comment. To be able to send messages with different quantities, a variable is added to the comment. This makes it possible to open different positions on the exchange with increasing quantities. To test this the quantities are printed in the comment and the quantities are switched off in the style settings.
This code is a result of a study and not intended for use as a worked out and full functioning strategy. Use it at your own risk. To make the code understandable for users that are not so much introduced into pine script (like me), every step in the code is commented to explain what it does. Hopefully it helps.
Enjoy!
Strategy
Bands Bands (BanB)This indicator uses bands to show the trend of other bands.
The middle bands are used to show the price trend and the other bands are for the middle bands.
The Spike and Plunge bands can also act as a sort of "Bollinger Bands" for middle bands, though not exactly.
----- HOW TO USE IT -----
Zoom out in the 30 minute chart. Use 15 minute chart to pinpoint your entries.
Use with price-action trading and with indicators showing overbought & oversold levels.
The numbers below correlate with the numbers in the chart.
1) Price hits the Middle Spike line. The "ARL" bands hit the Bottom Spike line. This is a good indication that price will proceed under the Bottom Spike line.
2) Price hits the Bottom Plunge line. The "ARL" bands hit the Middle Plunge line. This is a good indication that price will proceed above the Middle Plunge line.
3) Notice how price spikes up near the Spike lines but doesn't touch. Notice how the Plunge lines have a strong pull downwards. This shows a continued down trend.
4) The same pattern as numbers 2 & 3 reoccur. This time, however, the proceeding price spike is substantially lower.
5) The price and middle bands finally bounce off the Top Plunge line and starts to get closer to the Spike bands.
6) Price and middle bands finally touch the Bottom Spike line and the Spike Bands and the Plunge Bands come closer together.
7) Narrowing Spike and Plunge Bands show a sideways market. Notice number 1, the bands are far apart -- more volatility is present.
Middle Bands:
The bottom, blue lines are fairly accurate dip-rebounds on the 30 minute chart. Use level indicators to find reversing trends (e.g., RSI, Stoch, etc.).
Price action hovering in between the blue lines and around the center indicate a low volatility market or a consolidating market.
----- HOW THIS INDICATOR IS ORIGINAL; WHAT IT DOES AND HOW IT DOES IT -----
This indicator has an original, unique ability to view the trend of bands in a substantially larger overview when zoomed out.
Normally, one would have to switch to higher time frames to get a sense of a larger market trend.
However, doing so will change any bands indicator to accommodate the new price action in relation to the new time frame.
To avoid this, the middle bands are placed in between two bands to see the trend of the bands that show the trend of price action.
----- VERSION -----
The "ARL Bands" in this indicator are NOT the same as the "ARL Bands" indicator.
They are "ARLs" set in an entirely different context, format, and amount and so does not constitute as a different version of "ARL Bands".
The "ARL Bands" indicator only has 4 lines and can be adjusted to any level. They are mainly focused on rebounds at desired levels.
The 13 "ARLs" here cannot be adjusted and are mainly focused on anticipating/calculating probabilities of peak and dip rebounds.
If any discrepancy should arise, let it be stated here that the "ARLs" in this indicator are considered to be a forked codebase to conserve the functionality of "ARL Bands".
This is proven by the differences described underneath "VERSION", which is located 7 lines above.
Indicator
RSI Trend Veracity (RSI TV)The RSI only plots itself between a high and a low value. It does not show its bullish/bearish sentiment.
The RSI TV shows the sentiment and helps anticipate the RSI trend but not the price trend.
When the Trend Veracity Line is in green, there is bullish sentiment. When it is in red, there is bearish sentiment.
The closer the lines get to their extremities, the more the current trend of the RSI is exhausted.
It works quite well even in choppy markets. See notes in the picture for more details.
Indicator
