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Bands and Channels

Multi timeframe Weekly & Daily EMA Levels (12,21,50,100,200)This indicator provides important weekly and daily levels for lower time frame traders, whom trades based on reaction of these levels. Dedicated to Prof Michael G Key Features: Multi-timeframe EMAs: Shows 12, 21, 50, 100, and 200 period EMAs from both Weekly and Daily timeframes Horizontal dotted lines: that only shows the latest Weekly and daily level. so chart wont be messy. Works on all timeframes: The lines will appear on any chart timeframe you're viewing Customizable: Individual toggles for each EMA period and timeframe Settings Available: Toggle Weekly/Daily EMAs on/off Enable/disable individual EMA periods (12, 21, 50, 100, 200) Customize colors for each EMA line Adjust line width Optional labels showing current EMA values How to Use: Click "Add to Chart" Adjust settings in the indicator's Style tab as needed The weekly EMAs appear with slightly more opacity (30%) while daily EMAs have higher transparency (60%) to help distinguish between timeframes. The lines will automatically update as new bars form and will be visible regardless of what timeframe you're currently viewing on your chart.
Pine Script® indicator
by aminbehravan
Bull Market Support Band Bull Market Support Band – Description The Bull Market Support Band is a technical indicator that highlights the zone between the 20-week Simple Moving Average (SMA) and the 21-week Exponential Moving Average (EMA). This band acts as a key support area during strong uptrends (bull markets). In bull markets, price tends to stay above this band, with pullbacks often finding support within it. A sustained breakdown below the band frequently signals weakening momentum or the transition into a sideways or bear phase. In bear markets, the band often flips into resistance, where relief rallies fail. By filling the area between the SMA 20 (Weekly) and EMA 21 (Weekly), the indicator provides a clear visual reference for whether the market is trading above or below this critical support band.
Pine Script® indicator
by NitramCrowbar
Multi-Band Trend LineThis Pine Script creates a versatile technical indicator called "Multi-Band Trend Line" that builds upon the concept of the popular "Follow Line Indicator" by Dreadblitz. While the original Follow Line Indicator uses simple trend detection to place a line at High or Low levels, this enhanced version combines multiple band-based trading strategies with dynamic trend line generation. The indicator supports five different band types and provides more sophisticated buy/sell signals based on price breakouts from various technical analysis bands. Key Features Multi-Band Support The indicator supports five different band types: - Bollinger Bands: Uses standard deviation to create bands around a moving average - Keltner Channels: Uses ATR (Average True Range) to create bands around a moving average - Donchian Channels: Uses the highest high and lowest low over a specified period - Moving Average Envelopes: Creates bands as a percentage above and below a moving average - ATR Bands: Uses ATR multiplier to create bands around a moving average Dynamic Trend Line Generation (Enhanced Follow Line Concept) - Similar to the Follow Line Indicator, the trend line is placed at High or Low levels based on trend direction - Key Enhancement: Instead of simple trend detection, this version uses band breakouts to trigger trend changes - When price breaks above the upper band (bullish signal), the trend line is set to the low (optionally adjusted with ATR) - similar to Follow Line's low placement - When price breaks below the lower band (bearish signal), the trend line is set to the high (optionally adjusted with ATR) - similar to Follow Line's high placement - The trend line acts as dynamic support/resistance, following the price action more precisely than the original Follow Line ATR Filter (Follow Line Enhancement) - Like the original Follow Line Indicator, an ATR filter can be selected to place the line at a more distance level than the normal mode settled at candles Highs/Lows - When enabled, it adds/subtracts ATR value to provide more conservative trend line placement - Helps reduce false signals in volatile markets - This feature maintains the core philosophy of the Follow Line while adding more precision through band-based triggers Signal Generation - Buy Signal: Generated when trend changes from bearish to bullish (trend line starts rising) - Sell Signal: Generated when trend changes from bullish to bearish (trend line starts falling) - Signals are displayed as labels on the chart Visual Elements - Upper and lower bands are plotted in gray - Trend line changes color based on direction (green for bullish, red for bearish) - Background color changes based on trend direction - Buy/sell signals are marked with labeled shapes How It Works Band Calculation: Based on the selected band type, upper and lower boundaries are calculated Signal Detection: When price closes above the upper band or below the lower band, a breakout signal is generated Trend Line Update: The trend line is updated based on the breakout direction and previous trend line value Trend Direction: Determined by comparing current trend line with the previous value Alert Generation: Buy/sell conditions trigger alerts and visual signals Use Cases Enhanced trend following strategies: More precise than basic Follow Line due to band-based triggers Breakout trading: Multiple band types provide various breakout opportunities Dynamic support/resistance identification: Combines Follow Line concept with band analysis Multi-timeframe analysis with different band types: Choose the most suitable band for your timeframe Reduced false signals: Band confirmation provides better entry/exit points compared to simple trend following
Pine Script® indicator
by Mr_Rakun
4
CNS - Multi-Timeframe Bollinger Band OscillatorMy hope is to optimize the settings for this indicator and reintroduce it as a "strategy" with suggested position entry and exit points shown in the price pane. I’ve been having good results setting the “Bollinger Band MA Length” in the Input tab to between 5 and 10. You can use the standard 20 period, but your results will not be as granular. This indicator has proven very good at finding local tops and bottoms by combining data from multiple timeframes. Use BB timeframes that are lower than the timeframe you are viewing in your price pane. The default settings work best on the weekly timeframe, but can be adjusted for most timeframes including intraday. Be cognizant that the indicator, like other oscillators, does occasionally produce divergences at tops and bottoms. Any feedback is appreciated. Overview This indicator is an oscillator that measures the normalized position of the price relative to Bollinger Bands across multiple timeframes. It takes the price's position within the Bollinger Bands (calculated on different timeframes) and averages those positions to create a single value that oscillates between 0 and 1. This value is then plotted as the oscillator, with reference lines and colored regions to help interpret the price's relative strength or weakness. How It Works Bollinger Band Calculation: The indicator uses a custom function f_getBBPosition() to calculate the position of the price within Bollinger Bands for a given timeframe. Price Position Normalization: For each timeframe, the function normalizes the price's position between the upper and lower Bollinger Bands. It calculates three positions based on the high, low, and close prices of the requested timeframe: pos_high = (High - Lower Band) / (Upper Band - Lower Band) pos_low = (Low - Lower Band) / (Upper Band - Lower Band) pos_close = (Close - Lower Band) / (Upper Band - Lower Band) If the upper band is not greater than the lower band or if the data is invalid (e.g., na), it defaults to 0.5 (the midline). The average of these three positions (avg_pos) represents the normalized position for that timeframe, ranging from 0 (at the lower band) to 1 (at the upper band). Multi-Timeframe Averaging: The indicator fetches Bollinger Band data from four customizable timeframes (default: 30min, 60min, 240min, daily) using request.security() with lookahead=barmerge.lookahead_on to get the latest available data. It calculates the normalized position (pos1, pos2, pos3, pos4) for each timeframe using f_getBBPosition(). These four positions are then averaged to produce the final avg_position:avg_position = (pos1 + pos2 + pos3 + pos4) / 4 This average is the oscillator value, which is plotted and typically oscillates between 0 and 1. Moving Averages: Two optional moving averages (MA1 and MA2) of the avg_position can be enabled, calculated using simple moving averages (ta.sma) with customizable lengths (default: 5 and 10). These can be potentially used for MA crossover strategies. What Is Being Averaged? The oscillator (avg_position) is the average of the normalized price positions within the Bollinger Bands across the four selected timeframes. Specifically:It averages the avg_pos values (pos1, pos2, pos3, pos4) calculated for each timeframe. Each avg_pos is itself an average of the normalized positions of the high, low, and close prices relative to the Bollinger Bands for that timeframe. This multi-timeframe averaging smooths out short-term fluctuations and provides a broader perspective on the price's position within the volatility bands. Interpretation 0.0 The price is at or below the lower Bollinger Band across all timeframes (indicating potential oversold conditions). 0.15: A customizable level (green band) which can be used for exiting short positions or entering long positions. 0.5: The midline, where the price is at the average of the Bollinger Bands (neutral zone). 0.85: A customizable level (orange band) which can be used for exiting long positions or entering short positions. 1.0: The price is at or above the upper Bollinger Band across all timeframes (indicating potential overbought conditions). The colored regions and moving averages (if enabled) help identify trends or crossovers for trading signals. Example If the 30min timeframe shows the close at the upper band (position = 1.0), the 60min at the midline (position = 0.5), the 240min at the lower band (position = 0.0), and the daily at the upper band (position = 1.0), the avg_position would be:(1.0 + 0.5 + 0.0 + 1.0) / 4 = 0.625 This value (0.625) would plot in the orange region (between 0.85 and 0.5), suggesting the price is relatively strong but not at an extreme. Notes The use of lookahead=barmerge.lookahead_on ensures the indicator uses the latest available data, making it more real-time, though its effectiveness depends on the chart timeframe and TradingView's data feed. The indicator’s sensitivity can be adjusted by changing bb_length ("Bollinger Band MA Length" in the Input tab), bb_mult ("Bollinger Band Standard Deviation," also in the Input tab), or the selected timeframes.
Pine Script® indicator
by chicagonativeson
Multi-Timeframe Bollinger BandsMy hope is to optimize the settings for this indicator and reintroduce it as a "strategy" with suggested position entry and exit points shown in the price pane. I’ve been having good results setting the “Bollinger Band MA Length” in the Input tab to between 5 and 10. You can use the standard 20 period, but your results will not be as granular. This indicator has proven very good at finding local tops and bottoms by combining data from multiple timeframes. Use timeframes that are lower than the timeframe you are viewing in your price pane. Be cognizant that the indicator, like other oscillators, does occasionally produce divergences at tops and bottoms. Any feedback is appreciated. Overview This indicator is an oscillator that measures the normalized position of the price relative to Bollinger Bands across multiple timeframes. It takes the price's position within the Bollinger Bands (calculated on different timeframes) and averages those positions to create a single value that oscillates between 0 and 1. This value is then plotted as the oscillator, with reference lines and colored regions to help interpret the price's relative strength or weakness. How It Works Bollinger Band Calculation: The indicator uses a custom function f_getBBPosition() to calculate the position of the price within Bollinger Bands for a given timeframe. Price Position Normalization: For each timeframe, the function normalizes the price's position between the upper and lower Bollinger Bands. It calculates three positions based on the high, low, and close prices of the requested timeframe: pos_high = (High - Lower Band) / (Upper Band - Lower Band) pos_low = (Low - Lower Band) / (Upper Band - Lower Band) pos_close = (Close - Lower Band) / (Upper Band - Lower Band) If the upper band is not greater than the lower band or if the data is invalid (e.g., na), it defaults to 0.5 (the midline). The average of these three positions (avg_pos) represents the normalized position for that timeframe, ranging from 0 (at the lower band) to 1 (at the upper band). Multi-Timeframe Averaging: The indicator fetches Bollinger Band data from four customizable timeframes (default: 30min, 60min, 240min, daily) using request.security() with lookahead=barmerge.lookahead_on to get the latest available data. It calculates the normalized position (pos1, pos2, pos3, pos4) for each timeframe using f_getBBPosition(). These four positions are then averaged to produce the final avg_position:avg_position = (pos1 + pos2 + pos3 + pos4) / 4 This average is the oscillator value, which is plotted and typically oscillates between 0 and 1. Moving Averages: Two optional moving averages (MA1 and MA2) of the avg_position can be enabled, calculated using simple moving averages (ta.sma) with customizable lengths (default: 5 and 10). These can be potentially used for MA crossover strategies. What Is Being Averaged? The oscillator (avg_position) is the average of the normalized price positions within the Bollinger Bands across the four selected timeframes. Specifically:It averages the avg_pos values (pos1, pos2, pos3, pos4) calculated for each timeframe. Each avg_pos is itself an average of the normalized positions of the high, low, and close prices relative to the Bollinger Bands for that timeframe. This multi-timeframe averaging smooths out short-term fluctuations and provides a broader perspective on the price's position within the volatility bands. Interpretation 0.0 The price is at or below the lower Bollinger Band across all timeframes (indicating potential oversold conditions). 0.15: A customizable level (green band) which can be used for exiting short positions or entering long positions. 0.5: The midline, where the price is at the average of the Bollinger Bands (neutral zone). 0.85: A customizable level (orange band) which can be used for exiting long positions or entering short positions. 1.0: The price is at or above the upper Bollinger Band across all timeframes (indicating potential overbought conditions). The colored regions and moving averages (if enabled) help identify trends or crossovers for trading signals. Example If the 30min timeframe shows the close at the upper band (position = 1.0), the 60min at the midline (position = 0.5), the 240min at the lower band (position = 0.0), and the daily at the upper band (position = 1.0), the avg_position would be:(1.0 + 0.5 + 0.0 + 1.0) / 4 = 0.625 This value (0.625) would plot in the orange region (between 0.85 and 0.5), suggesting the price is relatively strong but not at an extreme. Notes The use of lookahead=barmerge.lookahead_on ensures the indicator uses the latest available data, making it more real-time, though its effectiveness depends on the chart timeframe and TradingView's data feed. The indicator’s sensitivity can be adjusted by changing bb_length ("Bollinger Band MA Length" in the Input tab), bb_mult ("Bollinger Band Standard Deviation," also in the Input tab), or the selected timeframes.
Pine Script® indicator
by chicagonativeson
Multi-Timeframe Bollinger Band PositionBeta version. My hope is to optimize the settings for this indicator and reintroduce it as a "strategy" with suggested position entry and exit points shown in the price pane. Any feedback is appreciated. Overview This indicator is an oscillator that measures the normalized position of the price relative to Bollinger Bands across multiple timeframes. It takes the price's position within the Bollinger Bands (calculated on different timeframes) and averages those positions to create a single value that oscillates between 0 and 1. This value is then plotted as the oscillator, with reference lines and colored regions to help interpret the price's relative strength or weakness. How It Works Bollinger Band Calculation: The indicator uses a custom function f_getBBPosition() to calculate the position of the price within Bollinger Bands for a given timeframe. Price Position Normalization: For each timeframe, the function normalizes the price's position between the upper and lower Bollinger Bands. It calculates three positions based on the high, low, and close prices of the requested timeframe: pos_high = (High - Lower Band) / (Upper Band - Lower Band) pos_low = (Low - Lower Band) / (Upper Band - Lower Band) pos_close = (Close - Lower Band) / (Upper Band - Lower Band) If the upper band is not greater than the lower band or if the data is invalid (e.g., na), it defaults to 0.5 (the midline). The average of these three positions (avg_pos) represents the normalized position for that timeframe, ranging from 0 (at the lower band) to 1 (at the upper band). Multi-Timeframe Averaging: The indicator fetches Bollinger Band data from four customizable timeframes (default: 30min, 60min, 240min, daily) using request.security() with lookahead=barmerge.lookahead_on to get the latest available data. It calculates the normalized position (pos1, pos2, pos3, pos4) for each timeframe using f_getBBPosition(). These four positions are then averaged to produce the final avg_position:avg_position = (pos1 + pos2 + pos3 + pos4) / 4 This average is the oscillator value, which is plotted and typically oscillates between 0 and 1. Moving Averages: Two optional moving averages (MA1 and MA2) of the avg_position can be enabled, calculated using simple moving averages (ta.sma) with customizable lengths (default: 5 and 10). These can be potentially used for MA crossover strategies. What Is Being Averaged? The oscillator (avg_position) is the average of the normalized price positions within the Bollinger Bands across the four selected timeframes. Specifically:It averages the avg_pos values (pos1, pos2, pos3, pos4) calculated for each timeframe. Each avg_pos is itself an average of the normalized positions of the high, low, and close prices relative to the Bollinger Bands for that timeframe. This multi-timeframe averaging smooths out short-term fluctuations and provides a broader perspective on the price's position within the volatility bands. Interpretation: 0.0 The price is at or below the lower Bollinger Band across all timeframes (indicating potential oversold conditions). 0.15: A customizable level (green band) which can be used for exiting short positions or entering long positions. 0.5: The midline, where the price is at the average of the Bollinger Bands (neutral zone). 0.85: A customizable level (orange band) which can be used for exiting long positions or entering short positions. 1.0: The price is at or above the upper Bollinger Band across all timeframes (indicating potential overbought conditions). The colored regions and moving averages (if enabled) help identify trends or crossovers for trading signals. Example: If the 30min timeframe shows the close at the upper band (position = 1.0), the 60min at the midline (position = 0.5), the 240min at the lower band (position = 0.0), and the daily at the upper band (position = 1.0), the avg_position would be:(1.0 + 0.5 + 0.0 + 1.0) / 4 = 0.625 This value (0.625) would plot in the orange region (between 0.85 and 0.5), suggesting the price is relatively strong but not at an extreme. Notes: The use of lookahead=barmerge.lookahead_on ensures the indicator uses the latest available data, making it more real-time, though its effectiveness depends on the chart timeframe and TradingView's data feed. The indicator’s sensitivity can be adjusted by changing bb_length ("Bollinger Band MA Length" in the Input tab), bb_mult ("Bollinger Band Standard Deviation," also in the Input tab), or the selected timeframes.
Pine Script® indicator
by chicagonativeson
Master Simple Indicator 2.0Master Simple Indicator 2.0 combines dynamic moving average signals with ATR-based price bands. It plots a volatility range around the current price using customizable ATR length, smoothing, and multiplier settings, while also highlighting long/short opportunities when price crosses a 120-period moving average. Visual cues and alerts help identify momentum shifts, trend direction, and potential trade entries across all timeframes.
Pine Script® indicator
by masterbtcltc
Session Pivots + EMA20/50 + Bollinger BandsMulti-tool indicator combining session pivots, EMA trend filters, Bollinger Bands, and alerts for intraday trading. 📌 Description One of the biggest advantages of this indicator is that it supports TradingView’s ALERT system, so traders can be notified the moment price crosses the daily/session pivot level. This allows faster decision-making without constant chart watching. This script combines three powerful tools into a single indicator: Session Pivot Levels (with Support/Resistance): Automatically calculates pivot, R1–R3 and S1–S3 levels based on the previous trading session (London, New York, Asia, or custom). Levels are plotted with clean labels and connector lines so you always see the exact price values ahead of time. EMA Trend Filters (20 & 50): Tracks short- and medium-term market direction with two popular exponential moving averages, helping confirm entries and exits. Bollinger Bands (fully customizable): Adds volatility bands with choice of SMA, EMA, SMMA, WMA, or VWMA for the middle line, plus adjustable standard deviation and offset. ✅ Key Features Auto-detects London, New York, and Asian sessions or set your own custom session. Displays up to 3 levels of support and resistance from the previous session. Clean label display with customizable theme options (Dark, Light, Custom). Alerts included: Get notified instantly when price crosses above or below the Pivot. EMA20/50 trend confirmation built-in. Bollinger Bands with multiple moving average types and volatility settings. Works for Forex, Crypto, Indices, Commodities — optimized for intraday & scalping. This makes it a complete intraday toolkit, reducing the need to load multiple separate indicators. 📄 Full documentation available here: [ link ]
Pine Script® indicator
by FarhadCCM
Volatility Zones (VStop + Bands) — Fixed (v2)📝 What this indicator is This script is called “Volatility Zones (VStop + Bands)”. It is an ATR-based volatility indicator that combines dynamic volatility bands, a Volatility Stop line (VStop), and volatility spike detection into a single tool. Unlike moving average–based indicators, this tool does not rely on averages of price direction. Instead, it measures the market’s true volatility and reacts to expansions or contractions in price ranges. ________________________________________ ⚙️ How it is built The indicator uses several volatility-based components: 1. Average True Range (ATR) o ATR is calculated over a user-defined length. o It measures how much price typically moves in a given number of bars, making it the foundation of this indicator. 2. Volatility Bands o Upper band = close + ATR × factor o Lower band = close - ATR × factor o The area between them is shaded. o This gives traders an immediate visual sense of market volatility width — wide bands = high volatility, narrow bands = quiet market. 3. Volatility Stop (VStop) o A stateful trailing stop based on ATR. o It tracks the highest (or lowest) price in the current trend and places a stop offset by ATR × multiplier. o When price crosses this stop, the indicator flips trend direction. o This creates a dynamic stop-and-reverse mechanism that adapts to volatility. 4. Trend Zones o When the trend is bullish, the stop is green and the chart background is shaded softly green. o When bearish, the stop is red and the background is shaded softly red. o This makes the market’s directional bias visually clear at all times. 5. Flip Signals (Buy/Sell Arrows) o Whenever the VStop flips, arrows appear:  Green BUY arrows below price when the trend turns bullish.  Red SELL arrows above price when the trend turns bearish. o These are also tied to built-in alerts for automation. 6. Volatility Spike Detection o The script compares current ATR to its recent average. o If ATR suddenly expands above a threshold, a small yellow “VOL” marker appears at the top of the chart. o This highlights potential breakout phases or unusual volatility events. 7. Stop Labels o At every trend flip, a small label appears at the bar, showing the exact stop level. o This makes it easy to use the stop as a reference for risk management. ________________________________________ 📊 How it works in practice • When price is above the VStop line, the market is considered in an uptrend. • When price is below the VStop line, the market is in a downtrend. • The bands expand/contract with volatility, helping traders gauge risk and position sizing. • Flip arrows signal when trend direction changes. • Volatility spikes warn traders that the market is entering a higher-risk phase, often before strong moves. ________________________________________ 🎯 How it may help traders • Trend following → Helps traders identify whether the market is trending up or down. • Stop placement → Provides a dynamic stop level that adjusts to volatility. • Volatility awareness → Shaded bands and spike markers show when the market is likely to become unstable. • Trade timing → Flip arrows and labels help identify potential entry or exit points. • Risk management → Wide bands indicate higher risk; narrow bands suggest safer, tighter ranges. ________________________________________ 🌍 In what markets it is useful Because the indicator is based purely on volatility, it works across all asset classes and timeframes: • Stocks & ETFs → Helps identify breakouts and long-term trends. • Forex → Very useful in spot FX where volatility shifts frequently. • Crypto → ATR reacts strongly to high volatility, helping traders adapt stops dynamically. • Futures & Commodities → Great for tracking trending commodities and managing risk. Scalpers, swing traders, and position traders can all benefit by adjusting the ATR length and multipliers to suit their trading style. ________________________________________ 💡 Originality of this script This is not just a mashup of existing indicators. It integrates: • ATR-based Volatility Bands for context, • A stateful Volatility Stop (adapted and rewritten cleanly), • Flip arrows and labels for actionable trading signals, • Volatility spike detection to highlight regime shifts. The result is a comprehensive volatility-aware trading tool that goes beyond just plotting ATR or trend stops. ________________________________________ 🔔 Alerts • Buy Flip → triggers when the trend changes bullish. • Sell Flip → triggers when the trend changes bearish. Traders can connect these alerts to automated strategies, bots, or notification systems.
Pine Script® indicator
by SupertradeOfficial
The Barking Rat LiteMomentum & FVG Reversion Strategy The Barking Rat Lite is a disciplined, short-term mean-reversion strategy that combines RSI momentum filtering, EMA bands, and Fair Value Gap (FVG) detection to identify short-term reversal points. Designed for practical use on volatile markets, it focuses on precise entries and ATR-based take profit management to balance opportunity and risk. Core Concept This strategy seeks potential reversals when short-term price action shows exhaustion outside an EMA band, confirmed by momentum and FVG signals: EMA Bands: Parameters used: A 20-period EMA (fast) and 100-period EMA (slow). Why chosen: - The 20 EMA is sensitive to short-term moves and reflects immediate momentum. - The 100 EMA provides a slower, structural anchor. When price trades outside both bands, it often signals overextension relative to both short-term and medium-term trends. Application in strategy: - Long entries are only considered when price dips below both EMAs, identifying potential undervaluation. - Short entries are only considered when price rises above both EMAs, identifying potential overvaluation. This dual-band filter avoids counter-trend signals that would occur if only a single EMA was used, making entries more selective.. Fair Value Gap Detection (FVG): Parameters used: The script checks for dislocations using a 12-bar lookback (i.e. comparing current highs/lows with values 12 candles back). Why chosen: - A 12-bar displacement highlights significant inefficiencies in price structure while filtering out micro-gaps that appear every few bars in high-volatility markets. - By aligning FVG signals with candle direction (bullish = close > open, bearish = close < open), the strategy avoids random gaps and instead targets ones that suggest exhaustion. Application in strategy: - Bullish FVGs form when earlier lows sit above current highs, hinting at downward over-extension. - Bearish FVGs form when earlier highs sit below current lows, hinting at upward over-extension. This gives the strategy a structural filter beyond simple oscillators, ensuring signals have price-dislocation context. RSI Momentum Filter: Parameters used: 14-period RSI with thresholds of 80 (overbought) and 20 (oversold). Why chosen: - RSI(14) is a widely recognized momentum measure that balances responsiveness with stability. - The thresholds are intentionally extreme (80/20 vs. the more common 70/30), so the strategy only engages at genuine exhaustion points rather than frequent minor corrections. Application in strategy: - Longs trigger when RSI < 20, suggesting oversold exhaustion. - Shorts trigger when RSI > 80, suggesting overbought exhaustion. This ensures entries are not just technically valid but also backed by momentum extremes, raising conviction. ATR-Based Take Profit: Parameters used: 14-period ATR, with a default multiplier of 4. Why chosen: - ATR(14) reflects the prevailing volatility environment without reacting too much to outliers. - A multiplier of 4 is a pragmatic compromise: wide enough to let trades breathe in volatile conditions, but tight enough to enforce disciplined exits before mean reversion fades. Application in strategy: - At entry, a fixed target is set = Entry Price ± (ATR × 4). - This target scales automatically with volatility: narrower in calm periods, wider in explosive markets. By avoiding discretionary exits, the system maintains rule-based discipline. Visual Signals on Chart Blue “▲” below candle: Potential long entry Orange/Yellow “▼” above candle: Potential short entry Green “✔️”: Trade closed at ATR take profit Blue (20 EMA) & Orange (100 EMA) lines: Dynamic channel reference ⚙️Strategy report properties Position size: 25% equity per trade Initial capital: 10,000.00 USDT Pyramiding: 10 entries per direction Slippage: 2 ticks Commission: 0.055% per side Backtest timeframe: 1-minute Backtest instrument: HYPEUSDT Backtesting range: Jul 28, 2025 — Aug 17, 2025 Note on Sample Size: You’ll notice the report displays fewer than the ideal 100 trades in the strategy report above. This is intentional. The goal of the script is to isolate high-quality, short-term reversal opportunities while filtering out low-conviction setups. This means that the Barking Rat Lite strategy is very selective, filtering out over 90% of market noise. The brief timeframe shown in the strategy report here illustrates its filtering logic over a short window — not its full capabilities. As a result, even on lower timeframes like the 1-minute chart, signals are deliberately sparse — each one must pass all criteria before triggering. For a larger dataset: Once the strategy is applied to your chart, users are encouraged to expand the lookback range or apply the strategy to other volatile pairs to view a full sample. 💡Why 25% Equity Per Trade? While it's always best to size positions based on personal risk tolerance, we defaulted to 25% equity per trade in the backtesting data — and here’s why: Backtests using this sizing show manageable drawdowns even under volatile periods. The strategy generates a sizeable number of trades, reducing reliance on a single outcome. Combined with conservative filters, the 25% setting offers a balance between aggression and control. Users are strongly encouraged to customize this to suit their risk profile. What makes Barking Rat Lite valuable Combines multiple layers of confirmation: EMA bands + FVG + RSI Adaptive to volatility: ATR-based exits scale with market conditions Clear, actionable visuals: Easy to monitor and manage trades
Pine Script® strategy
by TheBarkingRat
2
Perfect Buy Entry Checklist (SMC) v2 A title like "Perfect Buy Entry Checklist (SMC) v2" is great because it is descriptive. It tells users exactly what the indicator is designed to do. 2. Start with an overview Briefly explain the purpose of your script. What problem does it solve? What trading concept is it based on? Example: "This indicator automates a Smart Money Concepts (SMC) based checklist to find high-probability buy entries. It's designed to help traders identify a series of bullish market conditions in a single view." 3. List key features Use a bulleted or numbered list to highlight the main components of your script. This makes it easy for users to quickly see what the indicator includes. Example: Liquidity Sweep Detection: Identifies a bearish liquidity grab followed by a bullish move. Momentum Confirmation: Uses MACD and RSI to confirm bullish momentum. Break of Structure (BOS): Signals when the price closes above a confirmed swing high. Risk/Reward Calculation: Provides a basic ATR-based risk/reward check. 4. Explain how to use it Provide simple, actionable steps on how a trader can use your indicator in their own analysis. Example: "A 'Perfect Buy' signal is generated when all conditions in the checklist are met. You can use this signal as a final confirmation for your own trading ideas. Use it in conjunction with other price action analysis." 5. Include a disclaimer It's important to state that the indicator is for informational purposes only and not financial advice. Example: "Disclaimer: This indicator is for educational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Always do your own research."
Pine Script® indicator
by FXCHANCHAV
Reversal Radars — Berk v2.0 (Bottom & Top)1) Combined script (Dip+Tepe) Title: Reversal Radars — Berk v2.0 (Bottom & Top) Description (EN): What it does Two high-probability reversal detectors in one indicator: a Bottom Reversal Radar (long bias) and a Top Reversal Radar (short/hedge bias). Each radar aggregates multiple conditions into a single score and triggers when Score ≥ Threshold. How it works RSI regime shift: Bottom = recovery after oversold (touched 30, crosses up 35). Top = roll-over from overbought (touched 70, crosses down 65). MACD cross: Bull (up) for bottoms, Bear (down) for tops. EMA8 filter: Close above (bottom) / below (top) EMA(8). Structure break (BOS): Close above recent swing high / below recent swing low (lookbackBars, using precomputed highest/lowest to avoid inconsistencies). EMA200 proximity: Price within a configurable band (default −5% … +2%). Volume expansion: Volume ≥ SMA(20) × multiplier (default 1.5×). Divergence: Pivot-confirmed (3/3) bullish (bottom) or bearish (top) RSI divergence. Scoring: RSI shift +2, divergence +2, MACD +1, EMA8 +1, BOS +1, Volume +1, EMA200 band +1. Signals & Alerts Bottom: label “DÖNÜŞ↑” and alert “Dipten Dönüş — Ana Sinyal” when scoreLong ≥ thrLong. Top: label “DÖNÜŞ↓” and alert “Tepeden Dönüş — Ana Sinyal” when scoreShort ≥ thrShort. Use Once per bar close for stable alerts. Inputs lenRSI, rsiOS=30, rsiRecover=35, rsiOB=70, rsiFall=65, volLen=20, volMult=1.5, lookbackBars=5, ema200 band (−5…+2%), thrLong/thrShort, toggles for Bottom/Top. Timeframes & tips Best on Daily/4H. Tighten thresholds (e.g., 4) and raise volume multiplier (1.8–2.0×) on lower TFs or thin liquidity. No-repaint note Evaluated on bar close; pivot divergences confirm with a natural ~3-bar delay. Disclaimer Educational use only. Not financial advice. Tags: reversal, divergence, rsi, macd, ema, volume, trend, screener, stocks, crypto, bist 2) Bottom-only (Dip) Title: Bottom Reversal Radar — Berk v1.4 Description (EN): Purpose Scores bottoming conditions and triggers when Score ≥ Threshold (default 3). Components RSI recovery after oversold (30→35), MACD bull cross, close above EMA8, BOS above recent swing high, near-EMA200 band (−5…+2%), volume ≥ SMA(20)×1.5, and pivot-confirmed (3/3) bullish RSI divergence. Weights: RSI +2, Divergence +2, others +1. Usage Add to chart, set alert “Dipten Dönüş — Ana Sinyal”, Once per bar close. Works on any timeframe (need ≥200 bars for EMA200). Daily/4H recommended. No-repaint Bar-close evaluation; divergence confirms with ~3 bars. Tags: bottom, reversal, rsi, macd, ema, volume, divergence 3) Top-only (Tepe) Title: Top Reversal Radar — Berk v1.0 Description (EN): Purpose Detects topping risk and triggers when Score ≥ Threshold (default 3) for exits/hedges. Components RSI roll-over from overbought (70→65), MACD bear cross, close below EMA8, BOS below recent swing low, near-EMA200 band, volume ≥ SMA(20)×1.5, and pivot-confirmed (3/3) bearish RSI divergence. Weights: RSI +2, Divergence +2, others +1. Usage Add to chart, set alert “Tepeden Dönüş — Ana Sinyal”, Once per bar close. Daily/4H preferred; tighten thresholds on lower TFs. No-repaint Bar-close evaluation; divergence confirms with ~3 bars. Tags: top, reversal, rsi, macd, ema, volume, divergence
Pine Script® indicator
by berkyuo2
Bottom Reversal Radar — Berk v1.4Bottom Reversal Radar — Berk v1.4 What it does: Combines RSI recovery after oversold, MACD bull cross, close above EMA8, near-EMA200 proximity, volume expansion, and simple bullish divergence (pivot lows) into a single score. Signal: Trigger when Score ≥ Threshold (default 3). Set alert via Create Alert → “Dipten Dönüş — Ana Sinyal” → Once per bar close. How it works RSI recovery: After touching oversold (30), RSI crosses up 35 within last X bars. MACD bull cross: MACD Line crosses above Signal. Close above EMA8 and BOS (close above recent swing high) confirm momentum. Near EMA200: Price within −5%…+2% band adds a point. Volume spike: Volume ≥ 1.5× SMA(20) adds a point. Bullish divergence: Lower price low + higher RSI low (pivot 3/3) adds a point. Inputs RSI(14), rsiOS=30, rsiRecover=35, Volume SMA(20) with 1.5× multiplier, EMA200 proximity band −5%…+2%, lookbackBars=5, Score threshold default 3. Usage tips Best on Daily / 4H. If too many false positives: raise threshold to 4 and volume to 1.8–2.0×. Pair with Screener filters: RSI≥35, MACD Line>Signal, Price above EMA8, Volume/Avg(20)≥1.5, and near EMA200 (%). Disclaimer For educational purposes only. Not financial advice. Release notes (v1.4) Fixed bullDiv typo; simplified visuals; Pine v5. Tags: rsi, macd, ema, volume, divergence, reversal, trend, screener, bist, stocks, crypto
Pine Script® indicator
by berkyuo2