</> Codebase - Indicators / Signals

The Efficiency-Filtered SuperTrend represents a significant advancement over traditional SuperTrend indicators by addressing their primary weakness: excessive whipsaw signals during ranging market conditions. While the standard SuperTrend continuously updates its trend direction based solely on price movement relative to ATR bands, this enhanced version incorporates a market efficiency filter that determines whether the market is actually trending before allowing the indicator to change its value.

The traditional MACD indicator has served traders well for decades, but it carries a fundamental limitation: it treats price movements the same way regardless of market conditions. A five-point move in a quiet market represents very different momentum than the same five-point move during high volatility. MACD-V solves this problem by normalizing momentum readings through Average True Range, creating an indicator that adapts intelligently to changing market conditions.

The TMA Centered Bands indicator is a sophisticated trend-following tool that combines the smoothness of Triangular Moving Average (TMA) with the adaptive volatility measurement of Average True Range (ATR) to create dynamic support and resistance bands. Unlike standard moving average envelopes that use fixed percentage offsets, TMA Centered Bands adjusts its channel width based on market volatility, making it equally effective across different market conditions—from quiet consolidations to high-volatility breakouts. The indicator's centered approach introduces an intentional lag of HalfLength bars, ensuring complete non-repainting behavior by only using confirmed historical data in its calculations, which makes it particularly reliable for systematic trading strategy development.

The RCI 3 Lines indicator is a sophisticated Japanese oscillator that measures the correlation between price rank and time rank across three different timeframes simultaneously. Unlike traditional momentum oscillators that rely solely on price movement, RCI uses Spearman's rank correlation coefficient to determine whether prices are moving in sync with time or against it. This multi-timeframe approach provides traders with a comprehensive view of market momentum across short, medium, and long-term horizons, making it easier to identify high-probability trading opportunities where all three timeframes align.

The Volume Oscillator is a momentum indicator that measures the relationship between two volume moving averages to identify shifts in trading activity and market participation. Unlike price-based oscillators that only track directional movement, VO focuses exclusively on volume dynamics, revealing when institutional players are accumulating or distributing positions regardless of price action. This makes it invaluable for confirming the strength behind price moves and identifying potential reversals when volume fails to support price direction

The WaveTrend indicator is a sophisticated momentum oscillator that combines elements of moving averages, volatility measurement, and CCI-style calculations to create a smooth, responsive indicator that excels at identifying trend reversals and overbought/oversold conditions. Unlike traditional oscillators that rely solely on price comparisons, WaveTrend normalizes price movements against market volatility using exponentially smoothed absolute deviation, making it equally effective across different market conditions and volatility regimes.

Order Blocks represent areas where institutions have accumulated or distributed significant positions. When smart money builds large positions, they can't do it all at once without moving the market against themselves. Instead, they accumulate during apparent weakness or distribute during apparent strength, creating recognizable patterns that skilled traders can identify.

The Break of Structure indicator is a cornerstone of Smart Money Concepts (SMC) trading methodology. In SMC, "smart money" refers to institutional traders who move markets with their large capital. These institutions create recognizable patterns when they shift from accumulation to distribution phases. A Break of Structure occurs when price definitively breaks above recent highs (bullish BOS) or below recent lows (bearish BOS) with strong momentum, signaling that smart money is making a directional move. The BOS indicator helps retail traders identify these institutional shifts and trade in alignment with the big players rather than against them.

Imagine the market as a bustling marketplace where buyers and sellers negotiate prices. Sometimes, breaking news or a major institutional order creates such urgency that prices jump dramatically, leaving behind "gaps" where no trading occurred. These gaps represent areas of market imbalance - places where fair value was never established. In Smart Money Concepts, these are called Fair Value Gaps (FVGs), and they're like magnets that often draw price back to complete the unfinished business of price discovery.

The Simple Liquidity Sweep Index helps traders identify when "smart money" (institutional players like banks and hedge funds) manipulate price to hunt retail trader stop losses. Think of it as a detector for market manipulation where big players push price just far enough to trigger amateur traders' stops, then reverse direction for their real intended move. The SLSI catches these liquidity sweeps and signals the reversal, allowing you to trade alongside institutions rather than against them.