IKODO Engulfing Strategy with Dynamic RR# 📈 ELITE ENGULFING STRATEGY - PUBLICATION DESCRIPTION
## **🎯 TITLE:**
**Elite Engulfing Strategy with Dynamic Risk Management - Advanced Pattern Recognition System**
---
## **📊 DESCRIPTION:**
### **🚀 OVERVIEW:**
The **Elite Engulfing Strategy** is a sophisticated trading system that combines advanced pattern recognition with dynamic risk management. This strategy identifies high-probability engulfing patterns while using the 50 EMA as a trend filter, ensuring trades align with the dominant market direction.
### **🔍 KEY FEATURES:**
**📈 ADVANCED PATTERN RECOGNITION:**
- Enhanced engulfing pattern detection with mathematical validation
- Quality filters including wick analysis and body-to-body ratio
- Volume confirmation for signal strength
- ATR-based volatility filtering for optimal entry timing
**🎯 DYNAMIC RISK MANAGEMENT:**
- Customizable Risk-Reward ratio (0.5x to 10x)
- Fibonacci-based take profit levels using swing highs/lows
- ATR-enhanced stop loss placement with buffer zones
- Real-time position sizing based on market volatility
**📊 INTELLIGENT FILTERING SYSTEM:**
- 50 EMA trend filter for directional bias
- Volume multiplier confirmation (1.0x to 3.0x average)
- Minimum engulfing ratio validation (0.01 to 1.0)
- Maximum wick ratio quality control (10% to 80%)
**🔔 COMPREHENSIVE ALERT SYSTEM:**
- Real-time entry signals with price and RR information
- Both alertcondition() and alert() functions for maximum compatibility
- Detailed signal descriptions for manual verification
### **📋 STRATEGY LOGIC:**
**🟢 LONG ENTRY CONDITIONS:**
- Price above 50 EMA (bullish trend confirmation)
- Current bullish candle completely engulfs previous bearish candle
- Current candle's low penetrates previous candle's low
- Volume exceeds average by specified multiplier
- ATR volatility meets minimum threshold
- Wick size within acceptable parameters
**🔴 SHORT ENTRY CONDITIONS:**
- Price below 50 EMA (bearish trend confirmation)
- Current bearish candle completely engulfs previous bullish candle
- Current candle's high penetrates previous candle's high
- Volume and volatility confirmations as above
### **⚙️ CUSTOMIZABLE PARAMETERS:**
**🎯 Risk Management:**
- Risk-Reward Ratio: 0.5 to 10.0 (default: 2.0)
- Fibonacci TP Level: 0.236 to 1.0 (default: 0.618)
- Use Fibonacci toggle for advanced exit strategy
**📈 Trend Analysis:**
- EMA Length: 1 to 200 periods (default: 50)
- EMA Source: OHLC4, Close, HL2, etc.
**🔍 Pattern Quality:**
- Minimum Engulfing Ratio: 0.01 to 1.0 (default: 0.1)
- Maximum Wick Ratio: 10% to 80% (default: 30%)
**🔧 Advanced Filters:**
- Volume Filter: On/Off with 1.0x to 3.0x multiplier
- ATR Filter: 1 to 50 periods with 0.1 to 2.0 ratio threshold
### **📊 PERFORMANCE METRICS:**
- Real-time P&L tracking
- Current trend identification
- ATR volatility measurement
- Risk-reward ratio display
- Strategy parameter overview
### **🎨 VISUAL ELEMENTS:**
- 50 EMA trend line with dynamic coloring
- Entry signals with triangular markers
- Stop loss and take profit levels
- Entry price reference line
- Comprehensive information table
### **💡 BEST PRACTICES:**
- Recommended for 1H to 4H timeframes
- Works best in trending markets
- Combine with higher timeframe analysis
- Use proper position sizing (1-2% risk per trade)
- Monitor during high-impact news events
### **🔧 COMPATIBILITY:**
- Pine Script v6
- Compatible with all TradingView account types
- Optimized for both free and premium users
- Works on all asset classes (Forex, Crypto, Stocks, Indices)
### **⚠️ DISCLAIMER:**
This strategy is for educational purposes only. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose. Test thoroughly on paper trading before live implementation.
## **📝 USAGE INSTRUCTIONS:**
1. Add the strategy to your chart
2. Adjust parameters according to your risk tolerance
3. Set up alerts for automated notifications
4. Backtest on your preferred timeframe and asset
5. Start with paper trading to validate performance
6. Implement proper position sizing for live trading
**🎯 Ready to elevate your trading game with professional-grade pattern recognition!**
Analizy Trendu
Stochastic Momentum TrackerStochastic momentum Oscillator with accurate settings to show overbought and oversold regions of price action, with a conditionally colored background that shows overbought(RED) and oversold(green).
Trend TableVersion 2
added Forecasted trend based on liquidity zones that attract price
SMC Liquidity Forecast Table — Overview
Purpose:
This table provides a quick snapshot of Smart Money Concept (SMC) liquidity conditions and trend direction across multiple timeframes that you choose (for example, 4H, 1H, and 15m). It helps traders quickly assess where liquidity may be resting and whether the current trend aligns with that.
How it works:
For each selected timeframe, the script:
Determines trend direction using a configurable EMA.
Detects liquidity features such as equal highs/lows, fair value gaps (FVG), and liquidity sweeps.
Generates a forecast:
"Likely Bullish" means liquidity is likely resting above.
"Likely Bearish" means liquidity is likely resting below.
"Likely Up" or "Likely Down" indicates a sweep event just occurred.
"Range" means no clear liquidity bias.
Table structure:
TF Trend Forecast
Example: 4H Uptrend Likely Bullish
Example: 1H Downtrend Likely Bearish
Example: 15m Uptrend Range
Trend cells are color-coded:
Green: Uptrend or bullish bias
Red: Downtrend or bearish bias
Gray: Neutral or ranging
Key benefit:
This makes it easy to see multiple timeframe conditions side-by-side, aligning liquidity expectations with the overall trend. It supports better decision-making in line with SMC and liquidity principles.
Customizable:
Fully adjustable timeframes (can use any combination, like daily, 4H, 1H, 15m, etc.)
User-defined swing length, EMA period, and thresholds.
Daily ATR TrackerDaily ATR Tracker
The Daily ATR Tracker is a simple yet powerful tool designed to help traders monitor the daily price movement relative to the average daily range (ATR). This indicator provides an objective view of how much price has moved compared to its recent daily volatility.
🔎 Key Features:
Customizable ATR period (default 14 days)
Live calculation of the current day's price range
ATR value displayed in pips for clear reference
Percentage of ATR covered by the current day's range
Color-coded table for quick visual interpretation:
🟢 Green: less than 60% of ATR covered
🟠 Orange: 60% to 100% of ATR covered
🔴 Red: more than 100% of ATR covered
Alert condition when daily range exceeds 100% of the ATR average
Movable table position to fit your chart layout
🎯 Why use Daily ATR Tracker?
✅ Identify exhaustion zones: When price has already covered a large portion of its typical daily range, the odds of further strong movement may diminish, helping you to manage entries, exits, and risk.
✅ Objective daily bias: Get a quantitative sense of how "stretched" the market is in real time.
✅ Works with any timeframe: While designed for daily ranges, you can monitor intraday movements with this context in mind.
⚠️ Usage Note:
This tool does not provide buy or sell signals by itself. It is designed to complement your existing strategies by offering additional context regarding daily range exhaustion.
London Session High/Low Zones — Mended CollectiveThis indicator shows the high and low of the London session (3AM–8AM EST), with session shading and labels. Alerts notify you when price breaks above or below the range. Designed for intraday traders using session-based levels.
Supply & Demand Zones - Inside FormationsSupply and demand formations based on inside bar breakouts. Automatically plots zones to buy and sell from. MTF analysis available.
Running Minimum HighThe running minimum high looks at the minimum high from a defined lookback period (default 10 days) and plots that on the price chart. Green arrows signify when the low of the candle is above the running minimum high (suggesting an uptrend), and red arrows signify when the high of the candle is below the running minimum high (suggesting a downtrend).
It is recommended to use this on high timeframes (e.g. 1 hour and above) given the high number of signals it generates on lower timeframes.
Math by Thomas - SMC Structure ToolkitMath by Thomas – SMC Structure Toolkit is a purely visual educational tool based on Smart Money Concepts.
✅ Order Blocks: Marked using confirmed fractal swing highs/lows, optional displacement candle, and high volume filter.
✅ Fair Value Gaps (FVGs): Detected using a 3-bar gap logic, based on price imbalance.
✅ Fractals: Configurable between 3 or 5-bar logic to detect swing highs/lows.
✅ BoS / CHoCH: Labels are drawn comparing previous swing structures.
✅ Premium / Discount Zones: Based on the midpoint of the last confirmed swing high/low.
❌ This script does not generate alerts, signals, or entries.
✅ Meant only for educational visual analysis, not for auto trading or financial advice.
NA GPT - TTM Squeeze Strategy**NA GPT - TTM Squeeze Strategy**” transforms the well-known TTM Squeeze indicator into a back-testable, long-only strategy.
It combines **volatility compression** (Bollinger Bands inside Keltner Channels) with **momentum confirmation** to catch powerful bullish breakouts and then trails positions with a simple 21-period moving-average stop.
---
## 1. Core Concepts & Calculations
| Component | What it measures | How it works |
| ---------------------- | ------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Squeeze State** | Volatility contraction vs. expansion | • Calculate a 20-period Bollinger Band (BB). • Calculate a 20-period Keltner Channel (KC). • **Squeeze ON** when the entire BB is *inside* the KC (narrow volatility). |
| **Momentum Histogram** | Direction & strength of pressure building inside the squeeze | • Compute the midpoint of the recent high/low range and the 20-period SMA of close. • Take the price’s deviation from that blended average. • Fit a **20-period linear regression** to that deviation to produce the histogram. • Color logic: ↗ increasing green/lime for strengthening bulls, ↘ red/maroon for bears. |
| **Blue-Dot Theme** | Visual cue of squeeze state | • **Navy-blue dot** = Squeeze ON (ready to pop). • **Steel-blue dot** = Squeeze just released. • **Sky-blue dot** = Neutral (no squeeze). |
---
## 2. Trade Logic
| Step | Condition | Rationale |
| ---------------- | ------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------- |
| **Entry (Long)** | Three consecutive navy-blue dots (i.e., **3 bars with Squeeze ON in a row**) *inside the user-defined date window*. | Requires sustained volatility compression before committing capital, filtering out one-bar “fake” squeezes. |
| **Exit (Flat)** | Close price **crosses below** the 21-period Simple Moving Average. | A classic trailing stop that lets profits run while cutting momentum failures. |
| **Positioning** | Long-only, one trade at a time. No short sales. | Focuses on bullish breakouts, keeps strategy simple and margin-friendly. |
---
## 3. Inputs & Customisation
| Input | Default | Purpose |
| -------------------------- | ------------------------ | ---------------------------------------------- |
| **BB Length / Multiplier** | 20 / 2.0 | Adjust sensitivity of Bollinger Bands. |
| **KC Length / Multiplier** | 20 / 1.5 | Adjust Keltner Channel width. |
| **Use True Range (KC)** | ✔ | Pick *True Range* vs. *High-Low* for KC width. |
| **Trade Window** | 1 Jan 2022 → 31 Dec 2069 | Back-test only the period you care about. |
| **Commission** | 0.01 % | Embedded in `strategy()` header. |
| **Slippage (Ticks)** | 3 | Models real-world order fill uncertainty. |
---
## 4. Visual Outputs
* **Momentum Histogram** (green / lime / red / maroon).
* **Zero Line** colored by squeeze state (blue / dark navy / grey).
* **Blue-Dot Row** at the chart bottom showing squeeze timing.
The visuals are **identical** to the original indicator, letting you correlate back-test trades with familiar chart cues.
---
## 5. How to Use
1. **Add to chart**, choose your symbol & timeframe (works on anything from 1-minute to weekly).
2. **Tune the BB/KC/ATR settings** to match instrument volatility.
3. **Adjust the date window** for focused walk-forward testing.
4. Run the “**Strategy Tester**” to inspect historical performance, P\&L; curves, drawdowns, and trade list.
5. Use the plotted dots & histogram to visually validate why each trade fired.
6. Combine with your own risk-management (position sizing, portfolio filters, etc.) before going live.
---
## 6. Practical Notes
* Designed for educational/back-testing purposes—**not financial advice**.
* Long-only by design; add your own short logic if desired.
* Because exits rely on the 21-SMA, extremely low-volume instruments or illiquid intraday timeframes may experience wider drawdowns.
* Commission/slippage values are easily editable in the first line of the script.
Trend System - Bands (H1)Band indicator to help identify trends on H1. Note turn off signals and just use band as is
Volumetric Expansion/Contraction### Indicator Title: Volumetric Expansion/Contraction
### Summary
The Volumetric Expansion/Contraction (PCC) indicator is a comprehensive momentum oscillator designed to identify high-conviction price moves. Unlike traditional oscillators that only look at price, the PCC integrates four critical dimensions of market activity: **Price Change**, **Relative Volume (RVOL)**, **Cumulative Volume Delta (CVD)**, and **Average True Range (ATR)**.
Its primary purpose is to help traders distinguish between meaningful, volume-backed market expansions and noisy, unsustainable price action. It gives more weight to moves that occur in a controlled, low-volatility environment, highlighting potential starts of new trends or significant shifts in market sentiment.
### Key Concepts & Purpose
The indicator's unique formula synthesizes the following concepts:
1. **Price Change:** Measures the magnitude and direction of the primary move.
2. **Relative Volume (RVOL):** Confirms that the move is backed by significant volume compared to its recent average, indicating institutional participation.
3. **Cumulative Volume Delta (CVD):** Measures the underlying buying and selling pressure, confirming that the price move is aligned with the net flow of market orders.
4. **Inverse Volatility (ATR):** This is the indicator's unique twist. It normalizes the signal by the inverse of the Average True Range. This means the indicator's value is **amplified** when volatility (ATR) is low (signifying a controlled, confident expansion) and **dampened** when volatility is high (filtering out chaotic, less predictable moves).
The goal is to provide a single, easy-to-read oscillator that signals when price, volume, and order flow are all in alignment, especially during a breakout from a period of contraction.
### Features
* **Main Oscillator Line:** A single line plotted in a separate pane that represents the calculated strength of the volumetric expansion or contraction.
* **Zero Line:** A dotted reference line to easily distinguish between bullish (above zero) and bearish (below zero) regimes.
* **Visual Threshold Zones:** The background automatically changes color to highlight periods of significant strength:
* **Bright Green:** Indicates a "Strong Up Move" when the oscillator crosses above the user-defined upper threshold.
* **Bright Fuchsia:** Indicates a "Strong Down Move" when the oscillator crosses below the user-defined lower threshold.
### Configurable Settings & Filters
The indicator is fully customizable to allow for extensive testing and adaptation to different assets and timeframes.
#### Main Calculation Inputs
* **Price Change Lookback:** Sets the period for calculating the primary price change.
* **CVD Normalization Length:** The lookback period for normalizing the Cumulative Volume Delta.
* **RVOL Avg Volume Length:** The lookback for the simple moving average of volume, used to calculate RVOL.
* **RVOL Normalization Length:** The lookback period for normalizing the RVOL score.
* **ATR Length & Normalization Length:** Sets the periods for calculating the ATR and its longer-term average for normalization.
#### Weights
* Fine-tune the impact of each core component on the final calculation, allowing you to emphasize what matters most to your strategy (e.g., give more weight to CVD or RVOL).
#### External Market Filter (Powerful Feature)
* **Enable SPY/QQQ Filter for Up Moves?:** A checkbox to activate a powerful regime filter.
* **Symbol:** A dropdown to choose whether to filter signals based on the trend of **SPY** or **QQQ**.
* **SMA Period:** Sets the lookback period for the Simple Moving Average (default is 50).
* **How it works:** When enabled, this filter will **only allow "Strong Up Move" signals to appear if the chosen symbol (SPY or QQQ) is currently trading above its specified SMA**. This is an excellent tool for aligning your signals with the broader market trend and avoiding bullish entries in a bearish market.
#### Visuals
* **Upper/Lower Threshold:** Allows you to define what level the oscillator must cross to trigger the colored background zones, letting you customize the indicator's sensitivity.
***
**Disclaimer:** This tool is designed for market analysis and confluence. It is not a standalone trading system. Always use this indicator in conjunction with your own trading strategy, risk management, and other forms of analysis.
Multi-Indicator Trend-Following Strategy v7This strategy is a trend-following system that combines multiple technical indicators into a single, optimized indicator to help identify high-probability Buy and Sell opportunities while maintaining a clean and uncluttered chart.
✅ How It Works:
This script utilizes a combination of Exponential Moving Averages (EMAs), Relative Strength Index (RSI), Volume, MACD, and Average True Range (ATR) to determine trade entries and exits.
🟢 Buy Conditions:
Trend Crossover Entry:
A Buy signal is generated when the Fast EMA crosses above the Slow EMA, indicating a potential bullish trend.
Oversold Reversal Entry:
Alternatively, a Buy is triggered when:
The Slow EMA is significantly below the Fast EMA (oversold market behavior),
The current price is well below the Fast EMA,
A volume spike occurs, suggesting a possible reversal.
🔴 Sell Conditions:
Trend Crossover Exit:
A Sell signal is generated when the Fast EMA crosses below the Slow EMA, indicating a bearish shift.
Overbought Reversal Exit:
A Sell is triggered when:
The Slow EMA is above the Fast EMA by a wide margin,
The price is well above the Fast EMA,
A volume spike suggests downward reversal pressure.
📏 Risk Management:
Uses ATR-based stop-loss and take-profit levels to dynamically manage risk per trade.
Includes adjustable input options for ATR multipliers, moving average lengths, volume filters, and more.
🧩 Why Use This Strategy?
Rather than juggling multiple indicators manually, this script combines and simplifies them into a single, convenient strategy. It’s ideal for traders who want:
Clean visual signals,
Robust entry/exit logic backed by volume and trend behavior,
A modular and customizable setup for testing and optimization.
⚠️ Disclaimer: This script is for educational and informational purposes only. It does not constitute financial advice. Always backtest strategies thoroughly and use proper risk management when trading live.
CANX Rules© CanxStix
A simple table that can be customized to have your trading rules/plan on screen at all times.
This should help you stick to your trading plan and have no excuse for not following your own set of rules.
Like always, Keep it simple!
© CanxStix
Trend ShaderThis simple but useful indicator automatically detects whether you’re on a 1 minute, 5 minute, or 15 minute chart (with sensible, pre-tuned EMA settings), and shades the chart background green when the trend is bullish, or red when it’s bearish. On any other timeframe it falls back to user-specified “manual” EMA lengths. The short and long EMA lengths are configurable on all timeframes. Really useful when you want to trade in the direction of the overall trend.
The color doesn't change until the trend is confirmed by a reasonable number of bars in the same direction so it doesn't just flip-flop with market noise. The confirmation bar count for each timeframe is also configurable.
Trend System - Bands (H4)A band indicator on the h4 timeframe designed to assist with catchig h4 trend moves
Future Pro Script (RSI, MACD, BOLL, VOL, KDJ)thien is the most handsome man in the world, but he is wanting to find money to have a beautiful gf, so he decided to create this script as a dedicator to describe when he will have a adorable gf
Smart Zones Pro [FVG, OB, VWAP, Sessions, Alerts, Structure]ICT Package. Basically I combined vwap with ICT concepts with supply and demand.
TS Multi-Indicator Trend DetectorDeveloped by KP
This indicator provides a visually clean and reliable trend overlay by combining multiple high-confidence technical indicators into a single floating line above price action. It’s designed for traders who want trend clarity without chart clutter.
⸻
🔍 What It Does:
• Uses EMA (21), RSI, MACD, ADX, and Directional Movement (DI) indicators to evaluate the market trend
• Assigns a “Bullish” or “Bearish” score based on how many indicators confirm the trend
• Plots a floating colored trend line above the price candles to avoid visual interference
• 🟡 Yellow Line = Bullish Trend
• 🔵 Blue Line = Bearish Trend
• Built with multi-timeframe compatibility (works on 5m to weekly charts)
• Minimalist, no noise — no arrows, no labels, just clarity
⸻
⚙️ How It Works:
• Trend shifts when 3 or more out of 5 conditions are met:
• Price above/below 21 EMA
• RSI > 50 or < 50
• MACD crossover
• ADX strength confirmation
• Directional movement dominance (+DI vs -DI)
⸻
🧠 Why Use This?
Unlike traditional moving averages or lagging signals, this tool filters market noise using a multi-indicator consensus approach, then visualizes it as a non-intrusive floating trend line — helping you focus only on meaningful price action.
⸻
✅ Best For:
• Swing traders, intraday trend followers, and algo developers
• Clean-chart enthusiasts who value signal quality over quantity
Sarjana Crypto TrendMaster + EMA 20/50/100/200It combines moving averages, a custom SuperTrend, and Heikin Ashi smoothing to help you spot trend direction and filter clean buy/sell signals.
This tool doesn’t predict — it reacts smartly to trend changes.
It's ideal for traders who want clear, filtered signals backed by trend logic and EMAs.
Moving Average RespectSimple script that looks at the 10 SMA, 21 EMA & 50 SMA moving averages and looks back to see which one price respects the most. Provides the moving averages and a table to show which of those are respected within a definable proximity (editable).
Liquidity Hunter HeatmapLiquidity Hunter (GPS Companion Tool)
Liquidity Hunter is a specialized script designed to help traders visualize and track potential liquidation zones, clusters, and imbalance traps in real-time. It is particularly useful for scalpers and short-term traders who rely on liquidity sweeps, stop hunts, and reversion plays.
This tool does not replicate open-source liquidation trackers. Instead, it uses a proprietary combination of volume surges, candle displacement, VWAP deviation, and high-timeframe wicks to infer areas of trapped traders and display them with clear, color-coded markers.
Key Features:
• Real-Time Liquidation Estimates: Detects where major stop losses (and potential liquidations) may have occurred, based on proprietary volume + price action logic.
• Cluster Strength Bubbles: Visual bubbles (scaled by cluster size) show where liquidations are stacking. Purple for bearish, white for bullish — intensity reflects strength.
• Pre-Liquidation Warning Zones: Highlights areas where price is likely to sweep liquidity before reversing, helping traders avoid chasing moves.
• Dollar-Based Labels (Optional): Displays the estimated value liquidated, helping traders size the significance of a move (e.g., $8.4M).
• Minimal Clutter Mode: Designed for intraday clarity — hides excess lines and uses bubbles, not shapes, for cleaner visualization.
Yelober - Sector Rotation Detector# Yelober - Sector Rotation Detector: User Guide
## Overview
The Yelober - Sector Rotation Detector is a TradingView indicator designed to track sector performance and identify market rotations in real-time. It monitors key sector ETFs, calculates performance metrics, and provides actionable stock recommendations based on sector strength and weakness.
## Purpose
This indicator helps traders identify when capital is moving from one sector to another (sector rotation), which can provide valuable trading opportunities. It also detects risk-off conditions in the market and highlights sectors with abnormal trading volume.
## Table Columns Explained
### 1. Sector
Displays the sector name being monitored. The indicator tracks six primary sectors plus the S&P 500:
- Energy (XLE)
- Financial (XLF)
- Technology (XLK)
- Consumer Staples (XLP)
- Utilities (XLU)
- Consumer Discretionary (XLY)
- S&P 500 (SPY)
### 2. Perf %
Shows the daily percentage performance of each sector ETF. Values are color-coded:
- Green: Positive performance
- Red: Negative performance
Positive values display with a "+" sign (e.g., +1.25%)
### 3. RSI
Displays the Relative Strength Index value for each sector, which helps identify overbought or oversold conditions:
- Values above 70 (highlighted in red): Potentially overbought
- Values below 30 (highlighted in green): Potentially oversold
- Values between 30-70 (highlighted in blue): Neutral territory
### 4. Vol Ratio
Shows the volume ratio, which compares today's volume to the average volume over the lookback period:
- Values above 1.5x (highlighted in yellow): Indicates abnormally high trading volume
- Values below 1.5x (highlighted in blue): Normal trading volume
This helps identify sectors with unusual activity that may signal important price movements.
### 5. Trend
Displays the current price trend direction with symbols:
- ▲ (green): Uptrend (today's close > yesterday's close)
- ▼ (red): Downtrend (today's close < yesterday's close)
- ◆ (gray): Neutral (today's close = yesterday's close)
## Summary & Recommendations Section
The summary section provides:
1. **Sector Rotation Detection**: Identifies when there's a significant performance gap (>2%) between the strongest and weakest sectors.
2. **Risk-Off Mode Detection**: Alerts when defensive sectors (Consumer Staples and Utilities) are positive while Technology is negative, which often signals investors are moving to safer assets.
3. **Strong Volume Detection**: Indicates when any sector shows abnormally high trading volume.
4. **Stock Recommendations**: Suggests specific stocks to consider for long positions (from the strongest sectors) and short positions (from the weakest sectors).
## Example Interpretations
### Example 1: Sector Rotation
If you see:
- Technology: -1.85%
- Financial: +2.10%
- Summary shows: "SECTOR ROTATION DETECTED: Rotation from Technology to Financial"
**Interpretation**: Capital is moving out of tech stocks and into financial stocks. This could be due to rising interest rates, which typically benefit banks while pressuring high-growth tech companies. Consider looking at financial stocks like JPM, BAC, and WFC for potential long positions.
### Example 2: Risk-Off Conditions
If you see:
- Consumer Staples: +0.80%
- Utilities: +1.20%
- Technology: -1.50%
- Summary shows: "RISK-OFF MODE DETECTED"
**Interpretation**: Investors are seeking safety in defensive sectors while selling growth-oriented tech stocks. This often occurs during market uncertainty or ahead of economic concerns. Consider reducing exposure to high-beta stocks and possibly adding defensive names like PG, KO, or NEE.
### Example 3: Volume Spike
If you see:
- Energy: +3.20% with Volume Ratio 2.5x (highlighted in yellow)
- Summary shows: "STRONG VOLUME DETECTED"
**Interpretation**: The energy sector is making a strong move with significantly higher-than-average volume, suggesting conviction behind the price movement. This could indicate the beginning of a sustained trend in energy stocks. Consider names like XOM, CVX, and COP.
## How to Use the Indicator
1. Apply the indicator to any chart (works best on daily timeframes).
2. Customize settings if needed:
- Timeframe: Choose between intraday (60 or 240 minutes), daily, or weekly
- Lookback Period: Adjust the historical comparison period (default: 20)
- RSI Period: Modify the RSI calculation period (default: 14)
3. To refresh the data: Click the settings icon, increase the "Click + to refresh data" counter, and click "OK".
4. Identify opportunities based on sector performance, RSI levels, volume ratios, and the summary recommendations.
This indicator helps traders align with market rotation trends and identify which sectors (and specific stocks) may outperform or underperform in the near term.
TS Multi-Indicator Trend DetectorDeveloped by KP
This indicator provides a visually clean and reliable trend overlay by combining multiple high-confidence technical indicators into a single floating line above price action. It’s designed for traders who want trend clarity without chart clutter.
⸻
🔍 What It Does:
• Uses EMA (21), RSI, MACD, ADX, and Directional Movement (DI) indicators to evaluate the market trend
• Assigns a “Bullish” or “Bearish” score based on how many indicators confirm the trend
• Plots a floating colored trend line above the price candles to avoid visual interference
• 🟡 Yellow Line = Bullish Trend
• 🔵 Blue Line = Bearish Trend
• Built with multi-timeframe compatibility (works on 5m to weekly charts)
• Minimalist, no noise — no arrows, no labels, just clarity
⸻
⚙️ How It Works:
• Trend shifts when 3 or more out of 5 conditions are met:
• Price above/below 21 EMA
• RSI > 50 or < 50
• MACD crossover
• ADX strength confirmation
• Directional movement dominance (+DI vs -DI)
⸻
🧠 Why Use This?
Unlike traditional moving averages or lagging signals, this tool filters market noise using a multi-indicator consensus approach, then visualizes it as a non-intrusive floating trend line — helping you focus only on meaningful price action.
⸻
✅ Best For:
• Swing traders, intraday trend followers, and algo developers
• Clean-chart enthusiasts who value signal quality over quantity
