OPEN-SOURCE SCRIPT
Caheeen Pulse v3.0
Caheeen Pulse is a market-regime visualization tool designed to summarize trend structure, directional alignment and volatility-normalized price positioning in one compact view.
HOW IT WORKS
The indicator combines four independent observations into a composite regime score ranging from -4 to +4:
Price position relative to the long-term Trend EMA.
Alignment between the Fast EMA and Slow EMA.
Direction of the Trend EMA slope.
Price distance from the Trend EMA, normalized by ATR.
The combined score classifies the current market environment into five states:
• Strong Bull
• Bull
• Neutral
• Bear
• Strong Bear
This approach differs from a basic moving-average crossover. It evaluates several dimensions of market structure simultaneously and normalizes price displacement using volatility, allowing the same framework to adapt across instruments and timeframes.
VISUAL COMPONENTS
• Long-term Trend EMA
• Fast and Slow EMAs
• Regime-based chart background
• Confirmed regime-transition markers
• Dashboard displaying the composite score, ATR-normalized price distance, trend slope, EMA spread and ATR volatility
ALERTS
Caheeen Pulse includes alert conditions for confirmed transitions into Strong Bull, Strong Bear and Neutral regimes. Transition alerts and markers are confirmed only after the candle closes. When creating an alert, select “Once Per Bar Close.”
USAGE
Caheeen Pulse is intended to help users:
• Identify the prevailing market regime
• Distinguish directional conditions from transitional periods
• Compare trend structure with current volatility
• Apply an additional market-context filter to their own analysis
The indicator does not place orders, manage positions or provide personalized investment advice. It should not be used as a standalone instruction to buy or sell.
The live regime display can change while the current candle is forming. Confirmed transition markers and alerts are generated at candle close.
Historical or hypothetical observations do not guarantee future results. Trading involves risk, and users remain responsible for their own decisions and risk management.
HOW IT WORKS
The indicator combines four independent observations into a composite regime score ranging from -4 to +4:
Price position relative to the long-term Trend EMA.
Alignment between the Fast EMA and Slow EMA.
Direction of the Trend EMA slope.
Price distance from the Trend EMA, normalized by ATR.
The combined score classifies the current market environment into five states:
• Strong Bull
• Bull
• Neutral
• Bear
• Strong Bear
This approach differs from a basic moving-average crossover. It evaluates several dimensions of market structure simultaneously and normalizes price displacement using volatility, allowing the same framework to adapt across instruments and timeframes.
VISUAL COMPONENTS
• Long-term Trend EMA
• Fast and Slow EMAs
• Regime-based chart background
• Confirmed regime-transition markers
• Dashboard displaying the composite score, ATR-normalized price distance, trend slope, EMA spread and ATR volatility
ALERTS
Caheeen Pulse includes alert conditions for confirmed transitions into Strong Bull, Strong Bear and Neutral regimes. Transition alerts and markers are confirmed only after the candle closes. When creating an alert, select “Once Per Bar Close.”
USAGE
Caheeen Pulse is intended to help users:
• Identify the prevailing market regime
• Distinguish directional conditions from transitional periods
• Compare trend structure with current volatility
• Apply an additional market-context filter to their own analysis
The indicator does not place orders, manage positions or provide personalized investment advice. It should not be used as a standalone instruction to buy or sell.
The live regime display can change while the current candle is forming. Confirmed transition markers and alerts are generated at candle close.
Historical or hypothetical observations do not guarantee future results. Trading involves risk, and users remain responsible for their own decisions and risk management.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.