The “Absolute Reversal Bubbles (Open-Source)” indicator is a trading tool designed for trend analysis and signal identification. It uses Exponential Moving Averages (EMAs) to determine trends and potential reversals. Buy signals occur when certain EMAs align, and the lowest price exceeds a specific EMA. Sell signals occur under opposite conditions. It also tracks momentum and detects reversals using a ZigZag indicator, customizable by percentage or absolute amount. Visualization features include color-coded bars and informative bubbles. Traders can customize parameters to fit their trading style. Overall, it’s useful for trend-following strategies, combining EMAs, reversal detection, and volatility analysis.

The “Reversal Candle Anomaly Detector with Volume-Colored Candles (VPA Analysis)” script automates Volume Price Analysis (VPA) principles from “A Complete Guide To Volume Price Analysis” by Anna Couling and “A Complete Day Trading System” by Thor Young. It identifies candlestick formations and volume irregularities, aiding in spotting potential market reversals or market makers’ directional intentions. Features include volume-based candle coloring, anomaly detection for short and tall candles, customization options like RSI filtering and adjustable anomaly criteria, and trading insights such as interpreting “magic candles” and recognizing significant market reversals. This Pine Script tool provides visual indicators and insights into market psychology and potential price movements, aiding traders leveraging VPA in making informed trading decisions.

The “Another Momentum Squeeze Indicator (Open-Source)” in TradingView combines momentum and volatility measurements for market analysis. It includes a Momentum Oscillator, displaying bullish or bearish momentum through color-coded histograms, and a Squeeze Indicator, highlighting low volatility periods for potential breakout points. The Momentum Oscillator calculates normalized price change rates, while the Squeeze Indicator detects volatility squeezes using Bollinger Bands within Keltner Channels. Traders use this indicator to identify breakout opportunities, assess current trend strength, and anticipate significant price movements, while also watching for triple tops and bottoms.

The “ADX and DI (Colored Candles Open-Source)” indicator is a technical analysis tool used in trading. It utilizes the Average Directional Index (ADX) and the Directional Movement Indicators (+DI and -DI) to assess the strength and direction of a price trend. The ADX is calculated based on a 14-period lookback and is displayed as a histogram. The color of the ADX histogram varies depending on the ADX value and the relative positions of +DI and -DI. Green and purple colors represent bullish and bearish trends respectively, with variations in shades indicating trend strength. Yellow and red colors indicate potential trend exhaustion for bullish and bearish trends, respectively, when ADX is above 50. Gray color is used when ADX is below 10, indicating a neutral trend. Additionally, the script plots +DI and -DI lines with a fill between them to visually represent their crossover. Horizontal dotted lines are drawn at key ADX levels (0, 10, 25, 50) for reference. The candles on the chart are also colored to match the ADX histogram, providing a clear visual representation of the market trend.

This automated script identifies demand and supply levels in the market based on weighted closing prices and their rate of change. It calculates buying and selling pressure and derives a Demand Index to pinpoint demand and supply zones. Demand Levels: Identified when the Demand Index crosses below a predefined value, plotted in green to indicate potential support zones. Supply Levels: Identified when the Demand Index crosses above the predefined value, plotted in red to signify potential resistance areas. Resistance Levels: Calculated based on the crossover of closing price and Supply High, plotted in light blue to show additional potential resistance points above the current supply level. Green represents demand levels indicating strong buying interest, red marks supply levels indicating high selling interest, and light blue indicates potential resistance levels above the current supply level.

It creates a custom indicator named “Custom SMA Plot (CSP)” that overlays on a price chart. The indicator fetches the closing prices and calculates a 14-period simple moving average (SMA) of these prices. This SMA is then visually represented as a blue line, which starts from the SMA value of the bar 100 candles ago and extends to the current bar’s SMA value. The line has a thickness of 1 unit. When price breaks over wave go long. When price breaks below wave go short.

The “Trendilo LSMA Example” indicator is a technical analysis tool that combines two moving averages, the Linear Regression Moving Average (LSMA) and the Hull Moving Average (HMA), to provide insights into market trends. The indicator plots a line on the price chart, which represents the combined values of the LSMA and HMA. This line changes color based on the direction of the trend. When the line is green, it suggests an upward trend, indicating that prices may continue to rise. Conversely, when the line is red, it suggests a downward trend, indicating that prices may continue to fall. If the line is yellow, it suggests a neutral or sideways trend, indicating that prices may be moving within a range without a clear trend. Traders can customize the indicator by adjusting the input parameters. The “LSMAlen” parameter determines the length of the LSMA, the “LSMA Offset” parameter sets the offset for the LSMA, and the “LSMA Smoother” parameter controls the smoothing factor. Additionally, the “HMAlen” parameter determines the length of the HMA. By using the Trendilo LSMA Example indicator, traders can get a visual representation of the market trend and use it to make informed trading decisions. Green indicates a potential buying opportunity, red suggests a potential selling opportunity, and yellow suggests a period of uncertainty where it may be prudent to wait for a clearer trend signal.

The provided code is a custom indicator called “Trendilo” in TradingView. It helps traders identify trends in price data. The indicator calculates the percentage change of the chosen price source and applies smoothing to it. Then, it calculates the Arnaud Legoux Moving Average (ALMA) of the smoothed percentage change. The ALMA is compared to a root mean square (RMS) band, which represents the expected range of the ALMA values. Based on this comparison, the indicator determines whether the trend is up, down, or sideways. The indicator line is plotted in a color corresponding to the trend direction. The indicator also provides the option to fill the area between the indicator line and the RMS band. Additionally, users can choose to color the bars of the chart based on the trend direction. Overall, the “Trendilo” indicator helps traders visually identify trends and potential reversals in the price data.

The “Mobius – Trend Pivot” indicator utilizes the concept of higher highs with higher lows and lower lows with lower highs to identify potential reversal points in the market. Users can adjust parameters like trend distance and confirmation criteria. Trading rules include entering trades when price crosses and closes outside the confirmation line, setting risk and risk-off points, and managing stops based on support/resistance levels. The indicator plots pivot points, confirmation levels, and risk-off levels on the chart and provides alerts for price movements relative to these levels.

Buy/Sell Ratio (BSR) Calculation: Calculates the buying and selling ratio as a percentage based on volume and price levels of the current candle. Overbought and Oversold Levels: Plots horizontal lines on the chart to indicate overbought (green) and oversold (red) levels, set at 90% and 10%, respectively. Label Display: Shows a label on the chart for the current candle, displaying buying and selling percentages. Option to display labels for past candles is available. Heikin Ashi Candle Calculation: Calculates Heikin Ashi candles derived from open, high, low, and close prices, aiding in predicting the open and close prices of the next candle. Next Candle Prediction: Predicts open and close prices of the next candle based on Heikin Ashi calculations, also determining the direction (Up or Down) and assigning a color accordingly. Display Predicted Candle Information: Displays a label for predicted open price and direction of the next candle if enabled, positioned above the current or past bars. Display Predicted Candle Size: Optionally plots the size of the predicted next candle as a vertical line on the chart, with width controlled by the user. The color of the line corresponds to the predicted direction of the candle.

The “Buying Selling Ratio with Label” indicator calculates buying and selling ratios based on volume and price movements. It utilizes volume distribution within each bar to determine the proportion of buying volume relative to total buying and selling volume, expressed as the Buying Selling Ratio (BSR). This BSR is plotted as a line on the chart, with colors indicating market conditions (red for overbought, green for oversold, and blue otherwise). Additionally, labels above each bar display the buying and selling percentages, offering insights into buying and selling pressures. The indicator can show past labels if enabled, providing a comprehensive analysis of buying and selling dynamics over time.

The “Akamai RSI Divergence” indicator is designed to identify potential divergence patterns using the RSI (Relative Strength Index) indicator. It calculates the RSI based on a user-defined period. The script plots the RSI values on the chart and horizontal lines at 70 (overbought) and 30 (oversold) levels. Divergence patterns are detected by checking for pivot lows and highs in the RSI. It defines conditions for bullish and bearish divergence based on RSI behavior and price action. The indicator plots lines and shapes on the chart to highlight potential bullish and bearish divergence points. This indicator can be used to identify potential buying and selling opportunities based on RSI divergence patterns.

Buy and Sell Signals: Utilizes price data, volume, and technical indicators to identify potential trading opportunities, generating signals to enter long or short positions. Take Profit and Stop Loss Levels: Includes predefined profit and loss levels to manage risk and reward. Take profit is the target price to secure profits, while stop loss limits potential losses by exiting the trade if the market moves unfavorably. Entry and Exit Conditions: Traders enter positions based on generated buy or sell signals and set corresponding take profit and stop loss levels to manage the trade effectively. Risk Management: Ensures effective risk management by maintaining a positive risk-to-reward ratio through predefined take profit and stop loss levels. Alerts: Offers alert functionalities to notify traders of generated signals, or when take profit or stop loss levels are reached, allowing traders to stay informed even when not actively monitoring the market.