Stochastic RSI with MTF TableShort Description of the Script
The provided Pine Script indicator, titled "Stochastic RSI with MTF Table," calculates and displays the Stochastic RSI for the current timeframe and multiple other timeframes (5m, 15m, 30m, 60m, 240m, and daily). The Stochastic RSI is a momentum indicator that blends the Relative Strength Index (RSI) and Stochastic Oscillator to identify overbought and oversold conditions, as well as potential trend reversals via K and D line crossovers.
Key features of the script include:
Inputs: Customizable parameters such as K smoothing (default 3), D smoothing (default 3), RSI length (default 14), Stochastic length (default 14), source price (default close), and overbought/oversold levels (default 80/20).
MTF Table: A table displays the Stochastic RSI status for each timeframe:
"OB" (overbought) if K > 80, "OS" (oversold) if K < 20, or "N" (neutral) otherwise.
Crossovers: "K↑D" for bullish (K crosses above D) and "K↓D" for bearish (K crosses below D).
Visualization: Plots the K and D lines for the current timeframe, with horizontal lines at 80 (overbought), 50 (middle), and 20 (oversold), plus a background fill for clarity.
Table Position: Configurable to appear in one of four chart corners (default: top-right).
This indicator helps traders assess momentum across multiple timeframes simultaneously, aiding in the identification of trend strength and potential entry/exit points.
Trading Strategy with 50EMA and 200EMA for Highest Winning Rate
To create a strategy with the best probability of a high winning rate using the Stochastic RSI MTF indicator alongside the 50-period Exponential Moving Average (50EMA) and 200-period Exponential Moving Average (200EMA), we can combine trend identification with momentum-based entry timing. The 50EMA and 200EMA are widely used to determine medium- and long-term trends, while the Stochastic RSI MTF table provides multi-timeframe momentum signals. Here’s the strategy:
1. Determine the Overall Trend
Bullish Trend: The 50EMA is above the 200EMA on the current timeframe (e.g., daily or 60m chart). This suggests an uptrend, often associated with a "Golden Cross."
Bearish Trend: The 50EMA is below the 200EMA on the current timeframe. This indicates a downtrend, often linked to a "Death Cross."
Implementation: Plot the 50EMA and 200EMA on your chart and visually confirm their relative positions.
2. Identify Entry Signals Using the Stochastic RSI MTF Table
In a Bullish Trend (50EMA > 200EMA):
Look for timeframes in the MTF table showing:
Oversold (OS): K < 20, indicating a potential pullback in the uptrend where price may rebound.
Bullish Crossover (K↑D): K crosses above D, signaling rising momentum and a potential entry point.
Example: If the 60m and 240m timeframes show "OS" or "K↑D," this could be a buy signal.
In a Bearish Trend (50EMA < 200EMA):
Look for timeframes in the MTF table showing:
Overbought (OB): K > 80, suggesting a rally in the downtrend where price may reverse downward.
Bearish Crossover (K↓D): K crosses below D, indicating declining momentum and a potential short entry.
Example: If the 30m and daily timeframes show "OB" or "K↓D," this could be a sell/short signal.
Current Timeframe Check: Use the plotted K and D lines on your trading timeframe for precise entry timing (e.g., confirm a K↑D crossover on a 60m chart for a long trade).
3. Confirm Signals Across Multiple Timeframes
Strengthen the Signal: A higher winning rate is more likely when multiple timeframes align with the trend and signal. For instance:
Bullish trend + "OS" or "K↑D" on 60m, 240m, and daily = strong buy signal.
Bearish trend + "OB" or "K↓D" on 15m, 60m, and 240m = strong sell signal.
Prioritize Higher Timeframes: Signals from the 240m or daily timeframe carry more weight due to their indication of broader trends, increasing reliability.
4. Set Stop-Loss and Take-Profit Levels
Long Trades (Bullish):
Stop-Loss: Place below the most recent swing low or below the 50EMA, whichever is closer, to protect against trend reversals.
Take-Profit: Target a key resistance level or use a risk-reward ratio (e.g., 2:1 or 3:1) based on the stop-loss distance.
Short Trades (Bearish):
Stop-Loss: Place above the most recent swing high or above the 50EMA, whichever is closer.
Take-Profit: Target a key support level or apply a similar risk-reward ratio.
Trailing Stop Option: As the trend progresses, trail the stop below the 50EMA (for longs) or above it (for shorts) to lock in profits.
5. Risk Management
Position Sizing: Risk no more than 1-2% of your trading capital per trade to minimize losses from false signals.
Volatility Consideration: Adjust stop-loss distances and position sizes based on the asset’s volatility (e.g., wider stops for volatile stocks or crypto).
Avoid Overtrading: Wait for clear alignment between the EMA trend and MTF signals to avoid low-probability setups.
Example Scenario
Chart: 60-minute timeframe.
Trend: 50EMA > 200EMA (bullish).
MTF Table: 60m shows "OS," 240m shows "K↑D," and daily is "N."
Action: Enter a long position when the 60m K line crosses above D, confirming the table signal.
Stop-Loss: Below the recent 60m swing low (e.g., 2% below entry).
Take-Profit: At the next resistance level or a 3:1 reward-to-risk ratio.
Outcome: High probability of success due to trend alignment and multi-timeframe confirmation.
Why This Strategy Works
Trend Following: Trading in the direction of the 50EMA/200EMA trend reduces the risk of fighting the market’s momentum.
Momentum Timing: The Stochastic RSI MTF table pinpoints pullbacks or reversals within the trend, improving entry timing.
Multi-Timeframe Confirmation: Alignment across timeframes filters out noise, increasing the win rate.
Risk Control: Defined stop-loss and position sizing protect against inevitable losses.
Caveats
No strategy guarantees a 100% win rate; false signals can occur, especially in choppy markets.
Test this strategy on historical data or a demo account to verify its effectiveness for your asset and timeframe.
This approach leverages the strengths of both trend-following (EMA) and momentum (Stochastic RSI) tools, aiming for a high-probability, disciplined trading system.
Indicateurs et stratégies
RSIOMA IndicatorI trust the RSIOMA by itself when I am at work, on the road, at play, and using only my cell phone.
When I find the long, high plateau or the bottom river bed, my attention perks up.
I examine the nearby timeframes to see if there are any similar patterns.
Please don't use any of the middle crosses; they don't have the power out of the gate that the flat ones do.
I wait and wait for the smaller timeframe to make its cross and add one position.
At every pullback, I start adding positions. Each of you needs to become comfortable with this indicator and start trusting it first.
I am guilty of fading this flat top or bottom, but they can go forever, it seems.
But then that 200-point bar drops, and all the pain goes away with a considerable profit.
I reset and start scanning other charts for the same.
Long Faded 7 PM LineLong vertical line to mark out 7pm on chartLong vertical line to mark out 7pm on chartLong vertical line to mark out 7pm on chartLong vertical line to mark out 7pm on chartLong vertical line to mark out 7pm on chartLong vertical line to mark out 7pm on chartLong vertical line to mark out 7pm on chartLong vertical line to mark out 7pm on chartLong vertical line to mark out 7pm on chart
Mark 7 PMMark 7pm on chart every day for London openMark 7pm on chart every day for London openMark 7pm on chart every day for London openMark 7pm on chart every day for London openMark 7pm on chart every day for London openMark 7pm on chart every day for London openMark 7pm on chart every day for London openMark 7pm on chart every day for London openMark 7pm on chart every day for London open
BB Vicinity Reversal SignalsThis indicator detects potential intraday reversal opportunities based on price action near the outer edges of Bollinger Bands (±2.7 std dev). Unlike traditional Bollinger Band signals that require strict band touches or crossings, this tool identifies reversals that occur in the vicinity of the outer bands, increasing signal frequency while maintaining logical precision.
✅ Key Features:
Buy Signal: Triggered when a bullish candle with a strong body forms near the lower Bollinger Band.
Sell Signal: Triggered when a bearish candle with a strong body forms near the upper Bollinger Band.
Vicinity logic: User-adjustable % range from the outer bands (default: 20%) to define how close price must be.
Body-to-candle ratio filter: Ensures that only meaningful directional candles trigger signals.
No repainting: All signals are generated in real-time based on confirmed candle closes.
Built-in alerts: Receive instant notifications for buy and sell setups.
This tool is ideal for traders looking to capture high-probability mean-reversion trades without being overly restrictive. It works well on intraday timeframes like 5m, 15m, and 1h.
TLC sessionA Professional Intraday Session Tracker with VWAP and Economic Event Integration
Description
This indicator provides visual tracking of major trading sessions (Asian, London, New York) combined with VWAP calculations and macroeconomic event zones. It's designed for intraday traders who need to monitor session overlaps, liquidity periods, and high-impact news events.
The basic script of trading sessions was taken as a basis and refined for greater convenience.
Key Features:
Customizable Session Tracking: Visualize up to 3 trading sessions with adjustable time zones (supports IANA & GMT formats)
Dynamic VWAP Integration: Built-in Volume-Weighted Average Price calculation
Macro Event Zones: Highlights key economic announcement windows (adjustable for summer/winter time)
Price Action Visualization: Displays open/close prices, session ranges, and average price levels
Automatic DST Adjustment: Uses IANA timezone database for daylight savings awareness
How It Works
1. Trading Session Detection
Three fully configurable sessions (e.g., Asia, London, New York)
Each session displays:
Colored background zone
Opening price (dashed line)
Closing price (dashed line)
Average price (dotted line)
Optional label with session name
2. VWAP Calculation
Standard Volume-Weighted Average Price plotted as circled line
Helps identify fair value within each session
3. Macro Event Zones
Special highlighted period for economic news releases
Automatically adjusts for summer/winter time
Default set to 1000-1200 (summer) or 0900-1100 (winter) GMT-5 (US session open)
Why This Indicator is Unique
Multi-Session Awareness
Unlike simple session indicators, this tool:
Tracks price development within each session
Shows session overlaps (critical for volatility periods)
Maintains separate VWAP calculations across sessions
Professional-Grade Features
IANA timezone support (automatic DST handling)
Customizable visual elements (toggle labels, ranges, averages)
Object-based architecture (clean, efficient rendering)
News event integration (helps avoid trading during high-impact releases)
Usage Recommendations
Best Timeframes
1-minute to 1-hour charts (intraday focus)
Not recommended for daily+ timeframes
Trading Applications
1. Session Breakout Strategy: Trade breakouts when London/New York sessions open
2. VWAP Reversion: Fade moves that deviate too far from VWAP
3. News Avoidance: Reduce position sizing during macro event windows
Visual Example
Asian session (red)
London session (blue)
New York session (purple)
Macro event zone (white)
VWAP line (gold circles)
The basic script of trading sessions was taken as a basis and refined for greater convenience.
Apex Edge - MTF Confluence PanelApex Edge – MTF Confluence Panel
Description:
The Apex Edge – MTF Confluence Panel is a powerful multi-timeframe analysis tool built to streamline trade decision-making by aggregating key confluences across three user-defined timeframes. The panel visually presents the state of five core market signals—Trend, Momentum, Sweep, Structure, and Trap—alongside a unified Score column that summarizes directional bias with clarity.
Traders can customize the number of bullish/bearish conditions required to trigger a score signal, allowing the tool to be tailored for both conservative and aggressive trading styles. This script is designed for those who value a clean, structured, and objective approach to identifying market alignment—whether scalping or swing trading.
How it Works:
Across each of the three selected timeframes, the panel evaluates:
Trend: Based on a user-configurable Hull Moving Average (HMA), the script compares price relative to trend to determine bullish, bearish, or neutral bias.
Momentum: Uses OBV (On-Balance Volume) with volume spike detection to identify bursts of strong buying or selling pressure.
Sweep: Detects potential liquidity grabs by identifying price rejections beyond prior swing highs/lows. A break below a previous low with reversal signals bullish intent (and vice versa for bearish).
Structure: Uses dynamic pivot-based logic to identify market structure breaks (BOS) beyond recent confirmed swing levels.
Trap: Flags potential false moves by measuring RSI overbought/oversold signal clusters combined with minimal price movement—highlighting exhaustion or deceptive breaks.
Score: A weighted consensus of the above components. The number of required confluences to trigger a score (default: 3) can be set by the user via input, offering flexibility in signal sensitivity.
Why It’s Useful for Traders:
Quick Decision-Making: The color-coded panel provides instant visual feedback on whether confluences align across timeframes—ideal for fast-paced environments like scalping or high-volatility news sessions.
Multi-Timeframe Confidence: Helps eliminate guesswork by confirming whether higher and lower timeframe conditions support your trade idea.
Customizability: Adjustable confluence threshold means traders can fine-tune how sensitive the system is—more signals for faster entries, stricter confluence for higher conviction trades.
Built-In Alerts: Automated alerts for score alignment, trap detection, and liquidity sweeps allow traders to stay informed even when away from the screen.
Strategic Edge: Supports directional bias confirmation and trade filtering with logic designed to mimic professional decision-making workflows.
Features:
Clean, real-time confluence table across three user-selected timeframes
Configurable score sensitivity via “Minimum Confluences for Score” input
Cell-based colour coding for at-a-glance trade direction
Built-in alerts for score alignment, traps, and sweep triggers
Note - This Indicator works great in sync with Apex Edge - Session Sweep Pro
Useful levels for TP = previous session high/low boxes or fib levels.
⚠️ Disclaimer:
This script is for informational and educational purposes only and should not be considered financial advice. Always perform your own due diligence and practice proper risk management when trading.
ProfitTrailer ATR% Low volatility zonePT ATR%” calculates the Average True Range as a percentage of price on any timeframe (using EMA, MA or HMA smoothing) and highlights low-volatility (“flat”) periods when ATR% falls below your chosen threshold. Use it to filter out chop before entering breakouts, tailor the lookback and offset to your needs, and optionally plot the ATR% line alongside semi-transparent green shading for flat markets.
ICT Ultimate Checklist | MarketMaverisk GroupThis indicator serves as a checklist for ICT traders. It stays on the chart regularly because the ICT method has various components for confirmation needed to enter a trade, helping us not to get distracted and stay on our strategy.
Bollinger Volatility AnalyzerThe Bollinger Volatility Analyzer (BVA) is a powerful enhancement of the traditional Bollinger Bands indicator, tailored to help traders identify volatility cycles and catch potential breakouts with better precision and timing. It builds upon the foundational concept of Bollinger Bands—using a moving average and standard deviation bands—but adds crucial insights into market contraction and expansion, which can be instrumental in timing entries and exits.
Here's how it works and why it's useful
At its core, the indicator calculates a moving average (called the "basis") and plots two bands—one above and one below—based on a multiple of standard deviation. These bands expand during volatile periods and contract during quiet ones. The width between these bands, normalized as a percentage of the basis, gives us a sense of how compressed or expanded the market currently is. When the band width drops below a user-defined threshold (like 2%), the script highlights this with an orange triangle below the bar. This is the "squeeze" condition, signaling a potential buildup of market energy—a kind of calm before the storm.
What makes this version of Bollinger Bands particularly powerful is that it not only detects squeezes, but also tells you when price breaks out of that squeeze range. If price closes above the upper band after a squeeze, a green "Breakout ↑" label is shown; if it closes below the lower band, a red "Breakout ↓" appears. These breakout labels act as entry signals, suggesting that volatility is returning and a directional move has begun.
This indicator is especially useful in markets that tend to alternate between consolidation and breakout phases, such as forex, crypto, and even individual stocks. Traders who look for early signs of momentum—whether for swing trading, scalping, or position building—can benefit from this tool. During a quiet market phase, the indicator warns you that a move might be coming; when the move starts, it tells you the direction.
In fast-moving markets, BVA helps filter out noise by focusing only on high-probability conditions: quiet consolidation followed by a strong breakout. It’s not a complete system by itself—it works best when paired with volume confirmation or oscillators like RSI—but as a volatility trigger and directional guide, it’s a reliable component of a trading workflow.
Aroon Buy & Sell (Custom TFs)Here's a detailed explanation of your Pine Script titled "Aroon Buy & Sell (Custom TFs)":
🧠 Strategy Overview:
This script generates buy and sell signals using the Aroon indicator across two different timeframes:
* One for detecting the primary trend (Trend Timeframe)
* One for confirming precise entry signals (Signal Confirmation Timeframe)
📊 Key Components:
1. User Inputs
* trendTF: The timeframe used to determine overall trend direction (e.g., 5-minute).
* signalTF: The faster timeframe for confirming trade signals (e.g., 1-minute).
* aroonLength: Lookback period for the Aroon calculation (default 14).
* cooldownPeriod: Number of bars to wait before allowing a new signal.
2. Aroon Calculation Function
Calculates Aroon Up and Aroon Down values using the number of bars since the highest high and lowest low.
3. Multi-Timeframe Aroon Values
Uses request.security to compute Aroon values on both trendTF and signalTF.
4. Trend Detection
* A bullish trend is defined when Aroon Up crosses above Aroon Down on the trend timeframe.
* A bearish trend is defined when Aroon Down crosses above Aroon Up.
5. Signal Logic
* Buy Signal: When the overall trend is bullish and Aroon Down = 100 on the signal timeframe.
* Sell Signal: When the trend is bearish and Aroon Up = 100 on the signal timeframe.
6. Cooldown Mechanism
Prevents back-to-back signals by enforcing a cooldown (e.g., 20 bars) after each buy/sell.
7. Signal Plotting & Alerts
Plots buy/sell signals directly on the chart and supports alerts for automation.
📈 Visual Output:
* BUY label below the bar when buy conditions are met.
* SELL label above the bar when sell conditions are met.
🔔 Alerts:
Two alertconditions are defined to trigger alerts whenever a buy or sell signal occurs.
Apex Edge - Session Sweep ProApex Edge Session Sweep Pro
By Apex Edge | 2025 Edition
🔍 What is it?
The Apex Session Sweep Pro is a precision trading tool designed for identifying high-probability liquidity sweep entries during key global market sessions. It combines powerful sweep detection logic with dynamic candle colouring, session visualization, TP projections, and real-time alerts — all within a clean, performance-optimized Pine Script engine.
This is not your average session box indicator. This is Apex-grade.
⚙️ How it Works
The indicator detects session liquidity sweeps by tracking price action relative to previous session highs and lows. When a session high/low is swept (i.e., price breaches it and then closes in the opposite direction), it generates a signal:
Buy Signal → Price sweeps previous low and closes back above it
Sell Signal → Price sweeps previous high and closes back below it
Each session is boxed on the chart (Tokyo, London, New York, Sydney), color-coded, and dynamically labelled.
Upon detecting a valid sweep, the script:
Plots a small entry label (toggleable)
Projects up to 5 customizable TP levels
Coloured candles for visual trade direction
Alerts for Buy or Sell sweep signals (optional)
All elements are memory-managed and customizable to suit your trading style.
🧠 Key Features
✅ Smart Sweep Detection Logic
✅ Global Market Session Boxes (Custom Times)
✅ Toggleable Entry Labels + TP Levels
✅ Candle Colouring by Signal
✅ Manual TP input + TP toggles
✅ Real-time Alerts for Apex entries
🕒 Why Are My Sessions Offset?
Your chart’s time zone may be different from UTC. This script is UTC-based by design, so if your chart is set to UTC+1, for example, the sessions will appear one hour later. Either:
Adjust your chart to UTC or or Exchange for perfect alignment,
Or tweak the session input times manually.
🧰 Who is this for?
This tool is made for:
Intraday traders looking for sweeps into liquidity
SMC (Smart Money Concept) strategists
Forex, crypto, and indices traders
Anyone who uses session-based levels to define entries
Whether you scalp London or ride NY swings, this tool frames each session cleanly — and shows you where the traps are laid.
🚨 Disclaimer
This indicator is a technical tool, not financial advice. Use proper risk management. Past performance ≠ future results.
Apex Edge – Super RSIThe Apex Edge – Super RSI is not your average RSI. This is an institutional-grade signal engine designed for serious traders who want confluence, control, and confidence — all wrapped into one visual powerhouse.
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KEY FEATURES
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✔ **RSI + Divergence Engine**
• Classic & Hidden Divergences (auto-detected)
• Labelled with shapes:
▲ Green Triangle – Buy Signal (strength-based size)
▼ Red Triangle – Sell Signal
◆ Green Diamond – Classic Bullish Divergence
◆ Red Diamond – Classic Bearish Divergence
● Green Circle – Hidden Bullish Divergence
● Red Circle – Hidden Bearish Divergence
Note - Users can edit symbol colours in settings for better clarity
✔ **Trap Detection System**
• Detects low-move, high-signal clusters (liquidity traps)
• Automatically suppresses signals for X bars after detection
• Trap zones shown with shaded background (optional)
✔ **Signal Scoring Logic**
• Each signal is scored 1–6 based on:
• RSI Threshold Break
• RSI Slope
• Divergence Detected
• Trap Avoidance
• Multi-Timeframe Confluence (optional)
• The plotted shape size reflects the strength of the entry signal
✔ **Multi-Timeframe Confluence (MTF)**
• Optional filter that uses HTF and VHTF RSI alignment
• Prevents countertrend signals
• MTF Bias shown on HUD panel
✔ **Always-On HUD Panel**
• Displays:
• Signal Type
• Signal Score
• Divergence Type
• RSI (LTF & HTF)
• Trap & Cooldown Status
• MTF Bias
• Volatility %
✔ **Alert Ready**
• Buy/Sell alerts
• Trap Detected alert
• Divergence alert with dynamic message
• Perfect for webhook integrations
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📘 HOW TO TRADE IT
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✅ **Buy Setup**
• Green triangle (▲) appears **below bar**
• RSI is oversold and rising
• HTF RSI agrees (optional)
• Signal score is 3+ for best confidence
• Avoid signals during cooldown zone
✅ **Sell Setup**
• Red triangle (▼) appears **above bar**
• RSI is overbought and falling
• HTF RSI agrees (optional)
• Signal score is 3+ for best confidence
✅ **Divergences**
• Use diamonds/circles to identify momentum shifts
• Strongest when aligned with score 4–6
❗**Trap Zones**
• When background is shaded, wait for cooldown
• Signals during traps are suppressed for safety
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📊 BEST USED WITH
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🔹 Apex Edge – Session Sweep Pro (to visualize liquidity levels)
🔹 Volume Profile or OBV (volume-based confirmation)
🔹 EMA Ribbon (for trend alignment)
🔹 Fair Value Gap indicator (smart money models)
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🧠 PRO TIPS
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• Use the HUD for decision confidence — if everything aligns, you’ve got an Apex-grade setup.
• Wait for candle close to confirm divergence-based entries.
• Score 5–6 = sniper entries. Score 1–2 = warning shots.
This indicator can be used alongside Apex Edge Session Sweep Pro for better visual clarity.
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© Apex Edge | All rights reserved.
3 days ago
Release Notes
Update - Added a toggle to show/hide HUD when using on smaller mobile devices so as not to clutter the screen.
CPR-Based Fib S/R with Circles by Arthavidhi📌 **CPR-Based Fibonacci S/R with Circles – Description**
This indicator combines the power of **CPR (Central Pivot Range)** and **Fibonacci ratios** to plot highly probable intraday and swing Support/Resistance levels derived from the **daily price structure**.
### 🧠 **How It Works**
* It uses the **Daily High, Low, and Close** to calculate the **Pivot Point** (P) as:
`P = (High + Low + Close) / 3`
* Then it calculates the **daily range**:
`Range = High - Low`
* Using this pivot and range, it derives both **Fibonacci-based Support and Resistance levels**:
* **Support levels** at: 0.382, 0.5, 0.618, 1.0, 1.272, 1.618 below pivot
* **Resistance levels** at: 0.382, 0.5, 0.618, 1.0, 1.272, 1.618 above pivot
These are **plotted as small colored circles** on your chart, with **labels on the left** for easy identification of each Fib level (e.g., "0.382", "1.618").
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### 📈 **How to Use It**
🔹 **Intraday or Swing Traders**:
* Use these levels to **anticipate reversals**, **breakouts**, or **targets**.
* The levels act like a **natural price magnet** — price tends to pause, bounce, or reverse near them.
🔹 **Entry/Exit Zones**:
* Combine with price action (like pin bars, engulfing, or inside bars) or volume near these levels to plan entries.
* **R1.618 and S1.618** are great for extended targets or aggressive reversal setups.
🔹 **CPR Center Line**:
* Acts as a key mean-reversion zone or midline. You can combine this with VWAP or RSI for confirmation.
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### 🧩 **Best Practices**
* **Higher Timeframe Confluence**: Align this with HTF S/R or trendlines.
* **Use Alerts**: Combine this with price action alerting tools (manually or with separate indicators).
* **Do Not Use Alone**: For best results, combine with a strategy (e.g., Supply/Demand, VWAP bounce, Trendline breaks).
Percentage SDThis TradingView indicator, called "Percentage SD," measures how much the price of an asset is fluctuating (its volatility) and shows this as a percentage.
You can choose which price to track (like the closing price) and the period over which to measure this volatility.
The indicator then draws a yellow line in a separate panel below your main chart. When this line is higher, it means the price is more volatile relative to its current level. A lower line suggests less volatility. This can help you see when price movements are becoming more or less active.
Davsabs 10-20-50 EMA strategyThis is a 10-20-50 day EMA strategy.
Buy signals are generated on price being over the 50 EMA, 10 EMA over the 20 EMA.
Sell signals are generated when price closed below the 10 ema
RSI + Supertrend + ATR TP/SLUSE ON 5-MIN OR 12-MIN CHART FOR OPTIMAL PERFORMANCE!!!
This Pine Script strategy combines the RSI, Supertrend, and ATR-based Take Profit/Stop Loss levels for trading. Here's a breakdown of how it works:
Inputs:
RSI Length: Period for the RSI calculation (default: 6).
RSI Overbought: Threshold above which the market is considered overbought (default: 80).
RSI Oversold: Threshold below which the market is considered oversold (default: 20).
ATR Period: The period for calculating the ATR (default: 10).
Factor: Multiplier for the ATR and Supertrend calculation (default: 3).
Calculations:
RSI: The relative strength index, used to identify overbought and oversold conditions.
ATR: The average true range, used to measure volatility and set stop loss/take profit levels.
Supertrend: A trend-following indicator using ATR to create upper and lower bands. If the price is above the Supertrend, it is a bullish trend, and if below, it’s a bearish trend.
Entry Conditions:
Long: If RSI is below the oversold level and the trend is bullish (price above the Supertrend).
Short: If RSI is above the overbought level and the trend is bearish (price below the Supertrend).
ATR-Based TP/SL:
Long SL: Set at a distance from the entry price using ATR.
Long TP: Set at a distance from the entry price using ATR.
Short SL: Set at a distance from the entry price using ATR.
Short TP: Set at a distance from the entry price using ATR.
Strategy Execution:
Long Entry: Executes a long trade if the long condition is met, with an ATR-based stop loss and take profit.
Short Entry: Executes a short trade if the short condition is met, with an ATR-based stop loss and take profit.
Plots:
Supertrend: Plots the Supertrend line on the chart.
Buy/Sell Signals: Plots triangles when long or short conditions are met.
TP/SL Lines: Plots the ATR-based take profit and stop loss lines when a position is open.
This strategy aims to capitalize on short-term price movements with defined risk/reward levels.
Moving Averages with ADR%/ATR/52W TableOption to select Moving Averages as per different time frames.
ADR%: It should be above 5% as it is a sign of strength and stop loss should be lower than the ADR%. It should be calculated for last 20 Days.
ATR%: It is calculated as per the previous 14 Candles.
Minervini’s 52-Week High and Low Principles:
52-Week High:
Key Principle: Minervini prefers stocks trading near or at their 52-week highs, as this indicates strong bullish momentum and institutional buying interest. A stock at or close to its 52-week high is often breaking out of consolidation or resistance, signaling potential for further upside.
Criteria:
The stock should ideally be within 25% of its 52-week high (i.e., no more than 25% below the high). This is considered the “pivot point” or “buy zone” where the stock is still in a strong uptrend.
A breakout above the 52-week high, especially on high volume, is a bullish signal, often marking the start of a new uptrend.
Rationale: Stocks near their 52-week highs are less likely to face overhead resistance (supply from previous buyers at higher prices) and are attractive to momentum traders and institutions.
52-Week Low:
Key Principle: Minervini advises avoiding stocks trading close to their 52-week lows, as they often indicate weakness, lack of demand, or bearish sentiment. Instead, he looks for stocks that are significantly above their 52-week lows, demonstrating strength and recovery.
Criteria:
The stock should be at least 30% above its 52-week low to confirm it has moved away from a downtrend and is showing relative strength.
Stocks too close to their 52-week lows are considered risky, as they may be in a prolonged downtrend or lack institutional support.
Rationale: A stock well above its 52-week low has likely absorbed selling pressure and is attracting buyers, indicating a healthier trend and potential for further gains.
Application in Trading:
Stock Selection: Minervini uses these criteria as part of his SEPA (Specific Entry Point Analysis) methodology to filter stocks. Stocks meeting the 52-week high/low criteria are more likely to be in a “Stage 2” uptrend (per his adaptation of Stan Weinstein’s stage analysis).
Breakout Strategy: He focuses on buying stocks breaking out from consolidation patterns (e.g., volatility contractions, cup-and-handle) near their 52-week highs, ideally with strong volume and tight price action.
Risk Management: Stocks too far from their 52-week highs or too close to their 52-week lows may have higher risk, either due to overextension or lack of momentum.
Dynamic Color Logic in Your Script:
Based on our previous discussions, your Pine Script incorporates Minervini’s criteria for dynamic coloring in the ADR%/ATR/52W Table:
Below 52-Week High: Text turns green if the stock is within -25% to 0% of the 52-week high (i.e., high_52w_dist >= -25 and high_52w_dist <= 0), highlighting stocks in the bullish “buy zone.”
Above 52-Week Low: Text turns green if the stock is ≥30% above the 52-week low (i.e., low_52w_dist >= 30), indicating strength and distance from weakness.
These thresholds align with Minervini’s principles to visually flag stocks meeting his momentum criteria.
Integration with Your Pine Script:
Your script already implements Minervini’s 52-week high/low principles in the table’s dynamic color logic. Here’s how it reflects his strategy:
Below 52-Week High (high_52w_dist): The condition high_52w_dist >= -25 and high_52w_dist <= 0 ensures the stock is within 25% of its 52-week high, marking it as a potential candidate for a breakout or continuation trade.
Above 52-Week Low (low_52w_dist): The condition low_52w_dist >= 30 confirms the stock is at least 30% above its 52-week low, filtering out weak stocks and highlighting those with bullish strength.
The table displays these metrics on intraday and daily charts, using daily data via request.security for accurate calculations, which supports Minervini’s focus on daily price action for entry points.
Moving Averages with ADR%/ATR/52W TableOption to select Moving Averages as per different time frames.
ADR%: It should be above 5% as it is a sign of strength and stop loss should be lower than the ADR%. It should be calculated for last 20 Days.
ATR%: It is calculated as per the previous 14 Candles.
Minervini’s 52-Week High and Low Principles:
52-Week High:
Key Principle: Minervini prefers stocks trading near or at their 52-week highs, as this indicates strong bullish momentum and institutional buying interest. A stock at or close to its 52-week high is often breaking out of consolidation or resistance, signaling potential for further upside.
Criteria:
The stock should ideally be within 25% of its 52-week high (i.e., no more than 25% below the high). This is considered the “pivot point” or “buy zone” where the stock is still in a strong uptrend.
A breakout above the 52-week high, especially on high volume, is a bullish signal, often marking the start of a new uptrend.
Rationale: Stocks near their 52-week highs are less likely to face overhead resistance (supply from previous buyers at higher prices) and are attractive to momentum traders and institutions.
52-Week Low:
Key Principle: Minervini advises avoiding stocks trading close to their 52-week lows, as they often indicate weakness, lack of demand, or bearish sentiment. Instead, he looks for stocks that are significantly above their 52-week lows, demonstrating strength and recovery.
Criteria:
The stock should be at least 30% above its 52-week low to confirm it has moved away from a downtrend and is showing relative strength.
Stocks too close to their 52-week lows are considered risky, as they may be in a prolonged downtrend or lack institutional support.
Rationale: A stock well above its 52-week low has likely absorbed selling pressure and is attracting buyers, indicating a healthier trend and potential for further gains.
Application in Trading:
Stock Selection: Minervini uses these criteria as part of his SEPA (Specific Entry Point Analysis) methodology to filter stocks. Stocks meeting the 52-week high/low criteria are more likely to be in a “Stage 2” uptrend (per his adaptation of Stan Weinstein’s stage analysis).
Breakout Strategy: He focuses on buying stocks breaking out from consolidation patterns (e.g., volatility contractions, cup-and-handle) near their 52-week highs, ideally with strong volume and tight price action.
Risk Management: Stocks too far from their 52-week highs or too close to their 52-week lows may have higher risk, either due to overextension or lack of momentum.
Dynamic Color Logic in Your Script:
Based on our previous discussions, your Pine Script incorporates Minervini’s criteria for dynamic coloring in the ADR%/ATR/52W Table:
Below 52-Week High: Text turns green if the stock is within -25% to 0% of the 52-week high (i.e., high_52w_dist >= -25 and high_52w_dist <= 0), highlighting stocks in the bullish “buy zone.”
Above 52-Week Low: Text turns green if the stock is ≥30% above the 52-week low (i.e., low_52w_dist >= 30), indicating strength and distance from weakness.
These thresholds align with Minervini’s principles to visually flag stocks meeting his momentum criteria.
Integration with Your Pine Script:
Your script already implements Minervini’s 52-week high/low principles in the table’s dynamic color logic. Here’s how it reflects his strategy:
Below 52-Week High (high_52w_dist): The condition high_52w_dist >= -25 and high_52w_dist <= 0 ensures the stock is within 25% of its 52-week high, marking it as a potential candidate for a breakout or continuation trade.
Above 52-Week Low (low_52w_dist): The condition low_52w_dist >= 30 confirms the stock is at least 30% above its 52-week low, filtering out weak stocks and highlighting those with bullish strength.
The table displays these metrics on intraday and daily charts, using daily data via request.security for accurate calculations, which supports Minervini’s focus on daily price action for entry points.
Tatanka - Auto Equidistant Levels ✦🔹 Tatanka – Auto Equidistant Levels
Automatically plot equidistant support & resistance levels based on any two price anchors. Build your levels grid in one click, fully tailored to your style and branding.
Key Features
• Auto-Spacing – Calculates N levels above & below your base line with adjustable spacing factor (e.g. 50%, 200%).
• Full Style Control – Customize line width, style (solid/dashed/dotted), colors, extend direction (left/right/both/none).
• Labels & Tags – Auto-generated “L0”, “L±1”, etc., so you always know which level you’re trading.
• Region Fills – Color-fill each zone between levels with per-region color picks for maximum clarity.
• One-Click Draw – Enter two prices, choose your settings, then hit “Apply” to render the entire grid on your chart.
Inputs & Tabs
• Parameters : Base & Next Level prices, number of levels, spacing factor & horizontal length.
• Style : Line width, color & style, draw direction, label mode, fill zones & per-region fill colors.
How to Use
1. Draw two horizontal lines at your desired anchor prices.
2. Copy those prices into the “Line1” & “Line2” inputs.
3. Tweak “Number of Levels” and “Spacing Factor” to suit your strategy.
4. Go to the Style tab to brand your grid: colors, line styles, fills & extension.
5. Apply and start trading with clear, evenly spaced levels!
About Tatanka
Tatanka is a leading fintech brand committed to empowering traders with intuitive, professional-grade tools. Our mission: deliver real-time insights, advanced indicators, and seamless charting utilities—all under one Tatanka badge. Join our growing community and elevate your edge
Enjoy and trade confidently—powered by Tatanka!
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ADR% / ATR / 52W Range TableIndicator to know the -
Average Dynamic Range: Usual parameter is of 20 Days and ideally it should be above 5%. Stop Loss should not be more than the ADR.
ATR: It is measured for 14 days.
Below 52-Week High: As per Mark Minervini, stock should be in uptrend and less than 25% below its 52-Weeks High.
Above 52-Low: Stock should be minimum 30% above its 52-Week Low. The Higher the better.
0830-0845 High/Low Marker (Accurate Start + History)This indicator marks the high and low of the 15-minute candle between 08:30 and 08:45 (local time) of the trading session. The high and low are tracked dynamically, with the lines drawn once the 08:45 candle closes.
Key Features:
Session-based Tracking: Automatically tracks and records the high and low of the 15-minute period starting at 08:30 and ending at 08:45.
Excludes 08:45 High : If a high is created exactly at 08:45, the indicator will ignore it and use the highest value before 08:45, ensuring it only references the price action during the specified window.
Line Extension : The high and low lines are drawn and extended to the right for a user-defined number of bars, making them visible beyond the session's close.
Customizable Parameters : Adjust the start and end times of the session, line colors, and line width to fit your preferences.
Use Case :
Ideal for traders who focus on the price action during the early part of the trading session (08:30 to 08:45) and want to track significant levels of support and resistance from that period.
The extended lines help identify potential price zones for the rest of the session or the trading day.
