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Bands and Channels

Gamma + Fibonacci EMA Bands# Gamma + Fibonacci EMA Bands ## Overview The Gamma + Fibonacci EMA Bands indicator combines two powerful analytical approaches: Gamma-weighted Exponential Moving Averages and Fibonacci sequence-based standard EMAs. This dual system creates a comprehensive "band" structure that helps identify trend direction, strength, and potential reversal zones with greater precision than single moving average systems. ## Features - **Gamma-weighted EMAs**: Three customizable Gamma EMAs (fast-responding) with adjustable gamma parameters - **Fibonacci Sequence EMAs**: Six standard EMAs based on the Fibonacci sequence (34, 55, 89, 144, 233, 377) - **Visual Band Structure**: Color-coded for instant visual analysis - **Trend Confirmation**: Multiple timeframe validation through varied moving average periods - **Support/Resistance Identification**: Natural price reaction zones highlighted by EMA confluences ## How It Works The indicator uses two complementary EMA systems: 1. **Gamma EMAs** (γ-EMAs) - These responsive moving averages use a direct gamma weighting factor (between 0-1) rather than a period length. Lower gamma values create smoother lines, while higher values create more responsive ones. These react quickly to price changes and serve as short-term trend indicators. 2. **Fibonacci EMAs** - These traditional EMAs use period lengths based on the Fibonacci sequence (34, 55, 89, 144, 233, 377). They provide longer-term trend context and naturally identify key support/resistance levels that align with market psychology. ## Interpretation ### Trend Direction - When price is above all bands: Strong bullish trend - When price is below all bands: Strong bearish trend - When price is between bands: Consolidation or trend transition ### Support/Resistance - Gamma EMAs (purple shades): Short-term dynamic support/resistance - Fibonacci EMAs (orange/red shades): Stronger, longer-term support/resistance ### Trend Strength - Wider band separation: Stronger trend momentum - Compressed bands: Consolidation or trend weakness ### Reversal Signals - Price breaking through multiple bands: Potential trend reversal - Gamma EMAs crossing Fibonacci EMAs: Changing momentum ## Settings - **Source**: Price data source (default: close) - **Gamma 1**: Fast γ-EMA value (default: 0.2) - **Gamma 2**: Medium γ-EMA value (default: 0.5) - **Gamma 3**: Slow γ-EMA value (default: 0.8) ## Notes This indicator works best on higher timeframes (1H+) and liquid markets. The Gamma-weighted EMAs provide faster signals while the Fibonacci sequence EMAs provide reliable support/resistance levels that often align with key market turning points. For optimal use, watch for price interaction with these bands and how the bands interact with each other to confirm trend changes before they become obvious to the majority of market participants.
Pine Script® indicator
by ky_yule1010
AAPL Multi-Strategy (5 Strategies Beta)✅ Momentum Reversal ✅ Moving Average Crossover ✅ Heikin-Ashi Reversal ✅ Swing Day Trading ✅ Candlestick Patterns Color Shape Signal Type Meaning 🟡 Yellow Circle Momentum Reversal Dot Stochastic overbought (>80) or oversold (<20) → possible trend reversal area 🟢 Green Triangle Up Moving Average Crossover → BUY EMA20 crossed above EMA50 AND price above EMA200 → bullish crossover confirmation 🔴 Red Triangle Down Moving Average Crossover → SELL EMA20 crossed below EMA50 AND price below EMA200 → bearish crossover confirmation 🟩 Lime Circle Heikin-Ashi Bull Heikin-Ashi candle closed bullish (HA close > HA open) 🟫 Maroon Circle Heikin-Ashi Bear Heikin-Ashi candle closed bearish (HA close < HA open) 🔵 Blue Flag Swing Day Trading BUY Price crosses above EMA20 from below → pullback BUY signal 🟠 Orange Flag Swing Day Trading SELL Price crosses below EMA20 from above → pullback SELL signal 🟢 Green Label Up Bullish Engulfing Pattern Classic bullish engulfing candlestick pattern detected → possible trend reversal up 🔴 Red Label Down Bearish Engulfing Pattern Classic bearish engulfing candlestick pattern detected → possible trend reversal down
Pine Script® indicator
by oshawky
Multi-EMA 10 in one EMA Indicator Ultimate Multi-EMA Indicator - Your Complete EMA Solution One indicator, ten EMAs, infinite possibilities! The Ultimate Multi-EMA Indicator brings unprecedented versatility to your TradingView charts by consolidating up to 10 Exponential Moving Averages into a single, fully customizable indicator. Say goodbye to cluttered charts and hello to crystal-clear technical analysis! ✨ Key Features: All-in-One Solution: Display up to 10 EMAs simultaneously without adding multiple indicators Complete Customization: Personalize every aspect of each EMA: Enable/disable individual EMAs with a single click Adjust period lengths to match your trading strategy Select vibrant, eye-catching colors from a full RGB palette Fine-tune line width for perfect visibility Control transparency to maintain chart clarity 📊 Trading Applications: Trend Identification: Quickly identify short, medium, and long-term trends Support/Resistance Detection: Use multiple timeframes to spot key levels Crossover Signals: Easily spot golden crosses and death crosses across various periods Market Structure Analysis: Understand market structure with multiple moving averages Custom Strategies: Build complex strategies using multiple EMA combinations 🔧 Pre-Configured Excellence: Comes with strategic default settings (9, 21, 50, 100, 200...) but allows complete customization to match your specific trading approach. The bright default color scheme ensures maximum visibility while remaining pleasant to the eye during extended trading sessions. 💯 Perfect For: Day traders tracking multiple timeframes Swing traders analyzing trend strength Position traders identifying major support/resistance Scalpers looking for quick entry/exit signals Algorithmic traders building multi-timeframe strategies Elevate your technical analysis with this powerful, all-in-one EMA solution. Download now and transform your chart experience! #EMA #MovingAverage #TechnicalAnalysis #TradingStrategy #ChartIndicator
Pine Script® indicator
by justtripit
EMA+RSI Strong Confirmed Signals//@version=5 indicator("EMA+RSI Strong Confirmed Signals", overlay=true) // --- Индикаторы ema100 = ta.ema(close, 100) ema200 = ta.ema(close, 200) rsi = ta.rsi(close, 14) vol = ta.sma(volume, 20) // средний объём // --- Фильтры тренда isUptrend = ema100 > ema200 isDowntrend = ema100 < ema200 // --- Усиленные условия входа longCondition = isUptrend and ta.crossover(close, ema100) and rsi < 28 and volume > vol * 1.5 shortCondition = isDowntrend and ta.crossunder(close, ema100) and rsi > 72 and volume > vol * 1.5 // --- Take Profit и Stop Loss уровни tpLong = close * 1.03 slLong = close * 0.975 tpShort = close * 0.97 slShort = close * 1.025 // --- Отображение на графике plot(ema100, color=color.orange, title="EMA 100") plot(ema200, color=color.red, title="EMA 200") plot(longCondition ? tpLong : na, title="TP LONG", color=color.green) plot(longCondition ? slLong : na, title="SL LONG", color=color.red) plot(shortCondition ? tpShort : na, title="TP SHORT", color=color.green) plot(shortCondition ? slShort : na, title="SL SHORT", color=color.red) plotshape(longCondition, location=location.belowbar, color=color.lime, style=shape.labelup, text="STRONG LONG") plotshape(shortCondition, location=location.abovebar, color=color.red, style=shape.labeldown, text="STRONG SHORT") // --- Alertconditions для webhook alertcondition(longCondition, title="STRONG LONG Signal", message='{"chat_id": "@exgosignal", "text": "{{ticker}} STRONG LONG сигнал по цене {{close}} (TP 3%, SL -2.5%)"}') alertcondition(shortCondition, title="STRONG SHORT Signal", message='{"chat_id": "@exgosignal", "text": "{{ticker}} STRONG SHORT сигнал по цене {{close}} (TP 3%, SL -2.5%)"}')
Pine Script® indicator
by matveydubai
UM Dual MA with Price Bar Color change & Fill Description This is a dual moving average indicator with colored bars and moving averages. I wrote this indicator to keep myself on the right side of the market and trends. It plots two moving averages, (length and type of MA are user-defined) and colors the MAs green when trending higher or red when trending lower. The price bars are green when both MAs are green, red when both MAs are red, and orange when one MA is green and the other is red. The idea behind the indicator is to be extremely visual. If I am buying a red bar, I ask myself "why?" If I am selling a green bar, again, "why?" Recommended Usage Configure your tow favorite Moving averages. Consider long positions when one or both turn green. Scale into a position with a portion upon the first MA turning green, and then more when the second turns green. Consider scaling out when the bars are orange after an up move. Orange bars are either areas of consolidation or prior to major turns. You can also look for MA crossovers. The indicator works on any timeframe and any security. I use it on daily, hourly, 2 day charts. Default settings The defaults are the author's preferred settings: - 8 period WMA and 16 period WMA. - Bars are green when both MAs are trending higher, red when both MAs are trending lower, and orange when one MA is trending higher and the other is trending lower. Moving average types, lengths, and colors are user-configurable. Bar colors are also user-configurable. Alerts Alerts can be set by right-clicking the indicator and selecting the dropdown: - Bullish Trend Both MAs turning green - Bearish Trend Both MAs turning red - Mixed Trend, 1 green 1 red MA Helpful Hints: Look for bullish areas when both MAs turn green after a sustained downtrend Look for bearish areas when both MAs turn red Careful in areas of orange bars, this could be a consolidation or a warning to a potential trend direction change. Switch up your timeframes, I toggle back and forth between 1 and 2 days. Stretch your timeframe over a lower time frame; for example, I like the 8 and 16 daily WMA. With most securities I get 16 bars with pre and post market. This translates into 128 and 256 MAs on the hourly chart. This slows down moves and color transitions for better manageability. Author's Subjective Observations I like the 128/256 WMA on the hourly charts for leveraged and inverse ETFs such as SPXL/SPXS, TQQQ/SQQQ, TNA/TZA. Or even the volatility ETFs/ETNS: UVXY, VXX. Here is a one-hour chart example: I have noticed that as volatility increases, I should begin looking at higher timeframes. This seems counterintuitive, but higher volatility increases the level of noise or swings. I question myself when I short a green bar or buy a red bar; "Why am I doing this?" The colors help me visually stay on the right side of trend. If I am going to speculate on a market turn, at least do it when the bars are orange (MA trends differ) My last observation is a 2-day chart of leveraged ETFs with the 8 and 16 WMAs. I frequently trade SPXL, FNGA, and TNA. If you are really dissecting this indicator, look at a few 2-day charts. 2-day charts seem to catch the major swings nicely up and down. They also weed out the daily sudden big swings such as a panic move from economic data or tweets. When both the MAs turn red on a 2-day chart the same day or same bar, beware; this could be a rough ride or short opportunity. I found weekly charts too long for my style but good to review for direction. Less decisions on longer charts equate to less brain damage for myself. These are just my thoughts, of course you do you and what suits your style best! Happy Trading.
Pine Script® indicator
by UnderwearMillionaire
Volatility Gaussian Bands [BigBeluga]The Volatility Gaussian Bands are a technical analysis tool used to assess market volatility and potential price movements. They are constructed by integrating Gaussian (normal) distribution principles with volatility measures to create dynamic bands around price data. Key Features of Volatility Gaussian Bands: Basis in Gaussian Distribution: These bands assume that price returns follow a normal distribution, allowing for probabilistic modeling of expected price ranges.
Pine Script® indicator
by soualiga72
1
ORB Advanced Cloud Indicator & FIB's by TenAMTraderSummary: ORB Advanced Cloud Indicator with Alerts and Fibonacci Retracement Targets by TenAMTrader This TradingView script is an advanced version of the Opening Range Breakout (ORB) indicator, enhanced with visual clouds and Fibonacci retracement/extension levels. It is designed to help traders identify key price levels and track price movements relative to those levels throughout the trading day. The script includes alert functionalities to notify traders when price crosses key levels and when Fibonacci levels are reached, which can serve as potential entry and exit targets. Key Features: Primary and Secondary Range Calculation: The indicator calculates the primary range (defined by a start and end time) and optionally, a secondary range. The primary range includes the highest and lowest prices during the designated time period, as well as the midpoint of this range. The secondary range (if enabled) tracks another price range during a second time period, with its own high, low, and midpoint. Visual Clouds: The script draws colored clouds between the high, midpoint, and low of the opening range. The upper cloud spans between the Opening High and Midpoint, while the lower cloud spans between the Midpoint and Opening Low. Similarly, a second set of clouds can be drawn for the secondary range (if enabled). Fibonacci Levels: The script calculates Fibonacci retracement and extension levels based on the primary range (the difference between the Opening High and Opening Low). Fibonacci levels can be used as entry and exit targets in a trading strategy, as these levels often act as potential support/resistance zones. Fibonacci levels include standard values like -0.236, -0.382, -0.618, and positive extensions like 1.236, 1.618, etc. Customizable Alerts: Alerts can be set to trigger when: The price crosses above the Opening High. The price crosses below the Opening Low. The price crosses the Opening Midpoint. These alerts can help traders act quickly on important price movements relative to the opening range. Customization Options: The indicator allows users to adjust the time settings for both the primary and secondary ranges. Custom colors can be set for the lines, clouds, and Fibonacci levels. The visibility of each line and cloud can be toggled on or off, giving users flexibility in how the chart is displayed. Fibonacci Levels Overview: The script includes several Fibonacci retracement and extension levels: Negative Retracements (e.g., -0.236, -0.382, -0.50, -0.618, etc.) are plotted below the Opening Low, and can act as potential support levels in a downtrend. Positive Extensions (e.g., 1.236, 1.382, 1.618, 2.0, etc.) are plotted above the Opening High, and can act as potential resistance levels in an uptrend. Fib levels can be used as entry and exit targets to capitalize on price reversals or breakouts. Safety Warning: This script is for educational and informational purposes only and is not intended as financial advice. While it provides valuable technical information about price ranges and Fibonacci levels, trading always involves risk. Users are encouraged to: Paper trade or use a demo account before applying this indicator with real capital. Use proper risk management strategies, including stop-loss orders, to protect against unexpected market movements. Understand that no trading strategy, indicator, or tool can guarantee profits, and losses can occur. Important: The creator, TenAMTrader, and TradingView are not responsible for any financial losses resulting from the use of this script. Always trade responsibly, and ensure you fully understand the risks involved in any trading strategy.
Pine Script® indicator
by TenAM_Trader
1