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Unmitigated MTF High Low - Cave Diving Plot IntroductionThe Unmitigated MTF High Low - Cave Diving Plot is a multi-timeframe (MTF) indicator designed for NQ and ES futures traders who want to identify high-probability entry and exit zones based on unmitigated price levels. The "Cave Diving" visualization helps you navigate between support (floor) and resistance (ceiling) zones, while the integrated Strat analysis provides directional context. Who Is This For? Futures traders (NQ, ES) trading during ETH and RTH sessions Scalpers and day traders looking for precise entry/exit levels Traders using The Strat methodology for directional analysis Anyone seeking confluence between price action and key levels Core Concepts 1. Unmitigated Level: An unmitigated level is a price high or low that has been created but not yet tested (touched) by price. These levels act as magnets - price often returns to test them.Key Properties: Resistance (Highs): Price has created a high but hasn't revisited it Support (Lows): Price has created a low but hasn't revisited it Mitigation: When price touches a level, it becomes "mitigated" and loses strength 2. The Cave Diving MetaphorThink of trading as cave diving between two zones: ┌─────────────────────────────────┐ │ CEILING (Upper Band) │ ← 1st & 2nd Unmitigated Highs │ 🟥 Resistance Zone │ ├─────────────────────────────────┤ │ │ │ THE TUNNEL │ ← Price navigates here │ (Trading Channel) │ │ │ ├─────────────────────────────────┤ │ 🟢 Support Zone │ │ FLOOR (Lower Band) │ ← 1st & 2nd Unmitigated Lows └─────────────────────────────────┘ Trading Concept: Ceiling: Formed by the 1st and 2nd most recent unmitigated highs Floor: Formed by the 1st and 2nd most recent unmitigated lows Tunnel: The space between ceiling and floor where price operates Cave Diving: Navigating between these zones for entries and exits 3. Session-Based Age TrackingLevels are tracked by session age: Session: 6:00 PM to 5:00 PM NY time (23-hour window) Age 0: Created in the current session (today) Age 1: Created 1 session ago (yesterday) Age 2+: Older levels (more significant) Why Age Matters: Older unmitigated levels are typically stronger magnets Fresh levels (Age 0) may be weaker and easier to break Age 2+ levels often provide high-probability reversal zones Indicator Components Visual Elements 1. Colored Bands (Cave Zones)Upper Band (Pink/Maroon - 95% transparency) Space between 1st and 2nd unmitigated highs Acts as resistance zone Price often hesitates or reverses here Lower Band (Teal - 95% transparency) Space between 1st and 2nd unmitigated lows Acts as support zone Price often finds buyers here 2. Information Table Located in your chosen corner (default: Bottom Right), the table displays: 5 most recent unmitigated highs (top section) Tunnel row (middle separator) 5 most recent unmitigated lows (bottom section) Reading the TableTable Structure ┌────────┬──────────┬────────┬───────┐ │ Level │ $ │ Points │ Age │ ├────────┼──────────┼────────┼───────┤ │ ↑↑↑↑↑ │ 21,450.25│ +45.30 │ 3 │ ← 5th High (oldest) │ ↑↑↑↑ │ 21,425.50│ +32.75 │ 2 │ ← 4th High │ ↑↑↑ │ 21,410.00│ +25.00 │ 1 │ ← 3rd High │ ↑↑ │ 21,400.75│ +18.50 │ 1 │ ← 2nd High │ ↑ │ 21,395.25│ +12.00 │ 0 │ ← 1st High (newest) ├────────┼──────────┼────────┼───────┤ │ Tunnel │ 🟢 │ Δ 85.50│ 2U │ ← Current State ├────────┼──────────┼────────┼───────┤ │ ↓ │ 21,310.00│ -15.25 │ 0 │ ← 1st Low (newest) │ ↓↓ │ 21,295.50│ -22.75 │ 1 │ ← 2nd Low │ ↓↓↓ │ 21,280.25│ -30.00 │ 1 │ ← 3rd Low │ ↓↓↓↓ │ 21,265.75│ -38.50 │ 2 │ ← 4th Low │ ↓↓↓↓↓ │ 21,250.00│ -45.00 │ 3 │ ← 5th Low (oldest) └────────┴──────────┴────────┴───────┘Column Breakdown Column 1: Level (Arrows) Green arrows (↑): Resistance levels above current price Red arrows (↓): Support levels below current price Arrow count: Indicates recency (1 arrow = newest, 5 arrows = oldest) Why This Matters: More arrows = older level = stronger magnet for price Column 2: $ (Price) Exact price of the unmitigated level Use this for limit orders and stop placement Column 3: Points (Distance) Positive (+) for highs: Points above current price Negative (-) for lows: Points below current price Helps gauge proximity to key levels Trading Application: If you're +2.50 points from resistance, a reversal may be imminent If you're -45.00 points from support, you're far from the floor Column 4: Age (Sessions) Number of full 6pm-5pm sessions the level has survived Age 0: Created today (current session) Age 1+: Created in previous sessions Significance Ladder: Age 0: Weak, may break easily Age 1-2: Medium strength Age 3+: Strong, high-probability reaction zone Tunnel Row (Critical Information)│ Tunnel │ 🟢 │ Δ 85.50│ 2U │ └─┬─┘ └─┬─┘ └──┬──┘ └─┬─┘ │ │ │ │ Label Direction Range Strat 1. Tunnel Label: Identifies the separator row 2. Direction Indicator (🟢/🔴) 🟢 Green Circle: Current 15m bar closed bullish (above previous close) 🔴 Red Circle: Current 15m bar closed bearish (below previous close) 3. Δ (Delta/Range) Distance in points between 1st High and 1st Low Shows the tunnel width (trading range) Example: Δ 85.50 = 85.50 points between ceiling and floor Trading Use: Wide tunnel (>100 points): More room to trade, consider range strategies Narrow tunnel (<50 points): Tight range, expect breakout 4. Strat Pattern 1: Inside bar (consolidation) 2U: 2 Up (bullish directional bar) 2D: 2 Down (bearish directional bar) 3: Outside bar (expansion/volatility) Color Coding: Green: 2U (bullish) Red: 2D (bearish) Yellow: 3 (expansion) Gray: 1 (inside/neutral)
Pine Script® indicator
by DeLeBlanc
3
IDLP – Intraday Daily Levels Pro [FXSMARTLAB]🔥 IDLP – Intraday Daily Levels Pro IDLP – Intraday Daily Levels Pro is a precision toolkit for intraday traders who rely on objective daily structure instead of repainting indicators and noisy signals. Every level plotted by IDLP is derived from one simple rule: Today’s trading decisions must be based on completed market data only. That means: ✅ No use of the current day’s unfinished data for levels ✅ No lookahead ✅ No hidden repaint behavior IDLP reconstructs the previous trading day from the intraday chart and then projects that structure forward onto the current session, giving you a stable, institutional-style intraday map. 🧱 1. Previous Daily Levels (Core Structure) IDLP extracts and displays the full previous daily structure, which you can toggle on/off individually via the inputs: Previous Daily High (PDH) Previous Daily Low (PDL) Previous Daily Open Previous Daily Close, Previous Daily Mid (50% of the range) Previous Daily Q1 (25% of the range) Previous Daily Q3 (75% of the range) All of these come from the day that just closed and are then locked for the entire current session. What these levels tell you: PDH / PDL – true extremes of yesterday’s price action (liquidity zones, breakout/reversal points). Previous Daily Open / Close – how the market positioned itself between session start and end Mid (50%) – equilibrium level of the previous day’s auction. Q1 / Q3 (25% / 75%) internal structure of the previous day’s range, dividing it into four equal zones and helping you see if price is trading in the lower, middle, or upper quarter of yesterday’s range. All these levels are non-repaint: once the day is completed, they are fixed and never change when you scroll, replay, or backtest. 🎯 2. Previous Day Pivot System (P, S1, S2, R1, R2) IDLP includes a classic floor-trader pivot grid, but critically: It is calculated only from the previous day’s high, low, and close. So for the current session, the following are fixed: Pivot P – central reference level of the previous day. Support 1 (S1) and Support 2 (S2) Resistance 1 (R1) and Resistance 2 (R2) These levels are widely used by institutional desks and algos to structure: mean-reversion plays, breakout zones, intraday targets, and risk placement. Everything in this section is non-repaint because it only uses the previous day’s fully closed OHLC. 📏 3. 1-Day ADR Bands Around Previous Daily Open Instead of a multi-day ADR, IDLP uses a pure 1-Day ADR logic: ADR = Range of the previous day ADR = PDH − PDL From that, IDLP builds two clean bands centered around the previous daily Open: ADR Upper Band = Previous Day Open + (ADR × Multiplier) ADR Lower Band = Previous Day Open − (ADR × Multiplier) The multiplier is user-controlled in the inputs: ADR Multiplier (default: 0.8) This lets you choose how “tight” or “wide” you want the ADR envelope to be around the previous day’s open. Typical use cases: Identify realistic intraday extension targets, Spot exhaustion moves beyond ADR bands, Frame reversals after reaching volatility extremes, Align trades with or against volatility expansion Again, since ADR is calculated only from the completed previous day, these bands are totally non-repaint during the current session. 🔒 4. True Non-Repaint Architecture The internal logic of IDLP is built to guarantee non-repaint behavior: It reconstructs each day using time("D") and tracks: dayOpen, dayHigh, dayLow, dayClose for the current day prevDayOpen, prevDayHigh, prevDayLow, prevDayClose for the previous day At the moment a new day starts: The “current day” gets “frozen” into prevDay* These prevDay* values then drive: Previous Daily Levels, Pivots, ADR. During the current day: All these “previous day” values stay fixed, no matter what happens. They do not move in real time, they do not shift in replay. This means: What you see in the past is exactly what you would have seen live. No fake backtests. No illusion of perfection from repainting behavior. 🎯 5. Designed For Intraday Traders IDLP – Intraday Daily Levels Pro is made for: - Day traders and scalpers - Index and FX traders - Prop firm challenge trading - Traders using ICT/SMC-style levels, liquidity, and range logic - Anyone who wants a clean, institutional-style daily framework without noise You get: Previous Day OHLC Mid / Q1 / Q3 of the previous range Previous-Day Pivots (P, S1, S2, R1, R2) 1-Day ADR Bands around Previous Day Open All calculated only from closed data, updated once per day, and then locked.
Pine Script® indicator
by FXSMARTLAB
VWAP + EMA9 With SignalsThis script is for scalping on the 5 minute timeframe. It contains signals that indicate intersection of VWAP by the EMA9. It contains Buy signals when a candle closes above both lines indicating a quick continuation of a long position (quick scalp) as well as Sell signals when a candle closes below both lines indicating a quick continuation of a short position (quick scalp). Please note that i do not recommend entries at Buy and Sell signals during Accumulation/Consolidation. Positions should be taken with volume.
Pine Script® indicator
by tlc_futures_trader
14
BB & MTF EMAs + DPOC/WPOC v0.1This indicator combines multiple trend and support/resistance tools into a single overlay with specific customization for the Indian Standard Time (IST) session. Features Included: Bollinger Bands: 20-period SMA Basis, 1.5 StdDev. 4 Multi-Timeframe EMAs: EMA 1: 9 Length (1m timeframe) EMA 2: 20 Length (3m timeframe) EMA 3: 50 Length (15m timeframe) EMA 4: 200 Length (15m timeframe) Session POCs (IST): Daily POC (DPOC): Calculated 05:30-05:29 IST. Extends for full 24h session. Weekly POC: Calculated from Monday 05:30 IST Open. Extends for full 7-day week. Controls: Toggle visibility for all individual components. "Show Historical" toggle for pivots to see past levels or keep charts clean. 2 days ago Release Notes Description: This indicator combines multiple trend and support/resistance tools into a single overlay with specific customization for the Indian Standard Time (IST) session. Features Included: Bollinger Bands: 20-period SMA Basis, 1.5 StdDev. 4 Multi-Timeframe EMAs: EMA 1: 9 Length (1m timeframe) EMA 2: 20 Length (3m timeframe) EMA 3: 50 Length (15m timeframe) EMA 4: 200 Length (15m timeframe) Session POCs (IST): Daily POC (DPOC): Calculated 05:30-05:29 IST. Extends for full 24h session. Weekly POC: Calculated from Monday 05:30 IST Open. Extends for full 7-day week. Controls: Toggle visibility for all individual components. "Show Historical" toggle for pivots to see past levels or keep charts clean.
Pine Script® indicator
by vaghelajignesh0205
Dual Session Range Boxes with FIB Lines█ OVERVIEW The Dual Session Range Boxes with FIB Lines indicator is a powerful tool for identifying and visualizing Range Breakout or Inside Boxes Strategy setups with dual session tracking, customizable Fibonacci extensions, and trade zone levels. Perfect for traders who focus on session-based strategies across multiple markets. █ FEATURES ◆ DUAL SESSION RANGES - Range 1: Defines the Range (ORB) based on a specific time window - Range 2: Extends the Range levels throughout a second session for trade management - Both ranges can be independently configured with preset sessions or custom times ◆ SESSION PRESETS - Tokyo Session (00:00 - 09:00) - London Session (08:00 - 17:00) - New York Session (14:00 - 21:00) - Pre Market Session (10:00 - 15:30) - Custom Time: Define your own session windows ◆ FIBONACCI EXTENSION LEVELS - Automatically calculated from Range 1 High/Low - Buy Side Levels: Projected above the range (green) - Sell Side Levels: Projected below the range (red) - 10 customizable Fib levels with individual on/off toggles: - 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%, 127.2%, 161.8%, 200%, 261.8% - Special color highlighting for key levels (50%, 100%, 200%) - All percentage values are fully editable ◆ INSIDE TRADE ZONES - Two horizontal lines drawn inside the Range 1 box - Configurable percentage from High/Low (default: 10%) - Helps identify premium/discount zones within the range ◆ LABELS & DISPLAY OPTIONS - Show/hide price values on labels - Show/hide percentage values on labels - Adjustable label size (Tiny, Small, Normal, Large, Huge) - Configurable label offset (distance above lines) - Multiple rounding options for price display: - 0.25 (quarter points - ideal for indices) - 0.1 (tenth points) - 0.01 (two decimals) ◆ STYLE CUSTOMIZATION - Independent fill and border colors for both ranges - Adjustable border width (1-5) - Line style options: Solid, Dashed, Dotted - Separate color settings for: - Buy side Fibonacci levels - Sell side Fibonacci levels - Trade zone lines - Special levels (50%, 100%, 200%) ◆ HISTORICAL DATA CONTROL - Toggle to show/hide historical sessions - Current session always remains visible - Clean chart view when analyzing only the active session █ HOW TO USE 1. Set your timezone in General settings 2. Configure Range 1 to capture your desired Opening Range period 3. Configure Range 2 to define how long levels should extend 4. Adjust Fibonacci levels based on your trading strategy 5. Use Trade Zones to identify key areas within the range 6. Toggle historical data on/off based on your analysis needs █ USE CASES - Opening Range Breakout (ORB) strategies - Session-based trading (London, New York, Tokyo, Pre-Market) - Fibonacci extension targets for breakout trades - Identifying support/resistance from session ranges - Multi-session analysis and confluence zones █ NOTES - Indicator works on timeframes lower than Daily - All times are based on the selected timezone setting - Range 2 only activates after Range 1 completes - Fibonacci levels extend from Range 1 start to Range 2 end Let me know if you like to have any enhancements. Leave a like if you like it!
Pine Script® indicator
by rieploliver
ssdv%Are you tired of drawing random boxes on your chart that don’t actually correlate to price? This indicator solves that. It’s a Session-Based Standard Deviation Percentage Calculator designed to show you where price has actually reacted—and where it’s statistically likely to react again. Just select the session you’re trading as Session 1 and the previous session as Session -1. The script automatically builds a live data pool from those sessions, calculates the true standard-deviation-based percentage levels, and dynamically adjusts as new data comes in. The result? Clean, adaptive reversal zones grounded in real volatility, not guesswork—so you can finally stop drawing boxes and start trading price with precision.
Pine Script® indicator
by natea5978
Box TheoryBox Theory – Description This indicator is based on the popular “Box Theory” concept, where the previous session’s High–Low range acts as the most important structure for the next session. Traders use this because the market often reacts to the same areas where liquidity, orders, and imbalances were created in the prior session. At every new session open, the indicator automatically records: Previous High Previous Low Middle (50% level) These three levels form a box, which becomes your roadmap for the new session. This method is widely used because it highlights where most reversals, sweeps, and reactions occur—without needing any extra indicators. How the Zones Are Calculated Previous High The highest price of the last session. This forms the top edge, which acts as resistance and the basis for the Sell Zone. Previous Low The lowest price of the last session. This forms the bottom edge, acting as support and the basis for the Buy Zone. Middle Line (50% Level) The exact midpoint between High and Low. This is the fair-value zone, where price often consolidates and becomes directionless. No signals are triggered near the middle, because trades taken here historically have low accuracy. Buy Zone (Green Area) The lower part of the box. Price often reacts here because this area held buyers in the previous session. When price enters this green zone inside the box, the indicator can show a Buy Zone label. Sell Zone (Red Area) The upper part of the box. Price commonly rejects here because this area acted as resistance previously. When price enters this red zone inside the box, the indicator can show a Sell Zone label. How Zone Size Is Set (Sensitivity %) You can adjust how big the Buy/Sell zones are using the Sensitivity (%) input. Lower % → Smaller zones → More precise signals Higher % → Larger zones → Signals appear earlier and from farther away Formula: Zone Size = (Previous High − Previous Low) × (Sensitivity % ÷ 100) This lets you customize how tight or how early your signals appear. Inside-Box Only Logic The indicator only works inside the previous session’s range. If price breaks above the previous High → No sell signal If price breaks below the previous Low → No buy signal This avoids false signals during breakouts or trending markets. Alerts The indicator includes two alerts: Buy Zone Alert → Triggers when price enters the Buy Zone Sell Zone Alert → Triggers when price enters the Sell Zone Just enable them in TradingView’s alert panel.
Pine Script® indicator
by ebecihalil
1
Daily Range Box (RIC) V0.2This update enhances the "Daily Range Box" indicator by adding user-configurable inputs for colors and line styles. Users can now customize the box border color and the midline color independently through dedicated color picker inputs. Additionally, separate dropdown menus allow selection of line styles (Solid, Dashed, or Dotted) for both the box border and the midline, enabling personalized visualization while maintaining the core functionality of drawing daily range boxes with midlines across all timeframes.
Pine Script® indicator
by Richard_1O1
Indicator ***TuYa*** V8.2 – HH/HL MTF + Peak Mid ZoneIndicator TuYa V8.0 – HH/HL MTF + Peak Mid Zone TuYa V8.0 combines multi-timeframe market structure with a Peak Reaction midline to create clean, rule-based reversal and trend entries – designed primarily for 1-minute execution with 1-hour bias. 🧠 Core Concept This indicator fuses three ideas: HTF Peak Reaction Midline (1H) Uses a Peak Reaction style logic on the higher timeframe (HTF, default: 1H). Identifies a reaction high and reaction low, then calculates their midpoint → the Peak Mid Zone. This midline acts as a dynamic sentiment divider (above = premium / below = discount). Multi-Timeframe HH/HL/LH/LL Structure HTF structure (1H): detects HH, HL, LH, LL using pivot highs/lows. LTF structure (1m): detects HH, HL, LH, LL on the execution timeframe (chart TF, intended for 1m). HTF → LTF Confirmation Window After a 1H structure event (HH, HL, LL, LH), the indicator opens a confirmation window of up to N LTF candles (default: 10 x 1m bars). Within that window, the required 1m structure event must occur to confirm an entry. 🎯 Signal Logic All entries are generated on the LTF (e.g. 1m chart), using HTF (e.g. 1H) bias + Peak Mid Zone: 1️⃣ Price ABOVE Peak Mid (Bullish premium zone) Reversal SELL HTF: HH (Higher High) Within N 1m bars: LTF HH → SELL signal (fading HTF strength near premium) Trend/Bullish BUY HTF: HL (Higher Low) Within N 1m bars: LTF LL → BUY signal (buying dips in an uptrend above midline) 2️⃣ Price BELOW Peak Mid (Bearish discount zone) Reversal BUY HTF: LL (Lower Low) Within N 1m bars: LTF LL → BUY signal (catching potential reversal from discount) Trend/Bearish SELL HTF: LH (Lower High) Within N 1m bars: LTF HH → SELL signal (shorting strength in a downtrend below midline) Signals are plotted as small BUY/SELL triangles on the chart and exposed via alert conditions. 🧾 Filters & Options ⏳ HTF → LTF Delay Window Input: “Max 1m bars after HTF trigger” (default: 10) After a 1H HH/HL/LL/LH event, the indicator waits up to N LTF candles for the matching 1m structure pattern. If no match occurs within the window, no signal is generated. 📉 RSI No-Trade Zone (HTF) Toggle: Use RSI no-trade zone Inputs: RSI Length (HTF) No-trade lower bound (default 45) No-trade upper bound (default 65) If HTF RSI is inside the defined band (e.g. 45–65), signals are blocked (no-trade regime), helping to avoid noisy mid-range conditions. You can turn this filter ON/OFF and adjust the band dynamically. 🧱 5m OB / Direction Filter (Optional) Toggle: Use 5m OB direction filter Timeframe: Configurable (default: 5m). Uses a simple directional proxy on the OB timeframe: For BUY signals → require a bullish candle on OB timeframe. For SELL signals → require a bearish candle on OB timeframe. When enabled, this adds an extra layer of confluence by aligning entries with the short-term directional context. ⚙️ Key Inputs (Summary) Timeframes HTF (Peak Reaction & Structure): default 60 (1H) Peak Reaction Lookback bars (HTF) ATR multiplier for zones Show/Hide Peak Mid line Structure Pivot left/right bars (for HH/HL/LH/LL swings) Toggle structure labels (HTF & LTF) Confirmation Max LTF bars after HTF trigger (default 10, fully configurable) RSI Filter Use filter (on/off) RSI length No-trade range (low/high) 5m OB Filter Use filter (on/off) OB timeframe (default 5m) 📡 Alerts & Automation The script includes alertconditions for both BUY and SELL signals, with JSON-formatted alert messages suitable for routing to external bridges (e.g. bots, MT5/MT4, n8n, etc.). Each alert includes: Symbol Side (BUY / SELL) Price / Entry SL & TP placeholders (from hidden plots, ready to be wired to your own logic) Time Performance tag CommentCode (for strategy/type tagging on the receiver side) You can attach these alerts to a webhook and let your execution engine handle SL/TP and order management. 📌 How to Use Attach the indicator to a 1-minute chart. Set HTF timeframe to 60 (or your preferred higher timeframe). Optionally enable: RSI regime filter 5m OB direction filter Watch for: Price relative to the Peak Mid line BUY/SELL triangles that respect HTF structure + LTF confirmation + filters. For automation, create alerts using the built-in conditions and your preferred JSON alert template. ⚠️ Disclaimer This tool is for educational and informational purposes only. It is not financial advice and does not guarantee profits. Always test thoroughly in replay / paper trading before using with live funds, and trade at your own risk.
Pine Script® indicator
by tuya_xtream
Advanced Bollinger Bands Optimized - Precision SignalsThis indicator creates an advanced Bollinger Bands system with integrated ATR bands and intelligent trading signals. It features: **Core Components:** - Standard Bollinger Bands (20-period SMA with 1.382 standard deviations) - ATR-based outer bands expanding on the Bollinger Bands - Dynamic bandwidth analysis using Z-Score to measure current volatility relative to historical levels **Market State Detection:** Identifies five market conditions based on bandwidth Z-Score: - Extreme Squeeze (ultra-low volatility) - Squeeze (low volatility) - Normal (average volatility) - Expansion (high volatility) - Extreme Expansion (ultra-high volatility) **Signal System:** Generates 5 bullish and 5 bearish signals: *Bullish Signals:* 1. Bottom Divergence - Price makes new lows while Z-Score is relatively high 2. Width Reversal - Bandwidth rebounds from extreme squeeze 3. Extreme Squeeze Reversal - Recovery from extreme volatility compression 4. Squeeze Breakout Up - Price breaks above upper band during squeeze 5. State Transition - Market transitions from squeeze to expansion *Bearish Signals:* 1. Top Divergence - Price makes new highs while Z-Score is relatively low 2. Width Reversal - Bandwidth declines from extreme expansion 3. Extreme Expansion Reversal - Contraction from extreme volatility expansion 4. Squeeze Breakout Down - Price breaks below lower band during squeeze 5. State Transition - Market transitions from expansion to squeeze **Features:** - Real-time signal table showing active signals - Adjustable sensitivity parameters for divergence, reversal, and breakout signals - Signal cooldown system to prevent duplicate alerts - Clean visual display with band fills and alert markers - No additional external indicators required This tool helps traders identify volatility changes, trend reversals, and breakout opportunities using only price data and bandwidth analysis.
Pine Script® indicator
by hughlxj
BTC vs Russell2000Description The BTC vs Russell2000 – Weekly Cycle Map compares Bitcoin’s performance against the Russell 2000 (IWM) to identify long-term risk-on and risk-off market regimes. The indicator calculates the BTC/RUT ratio on a weekly timeframe and applies a moving average filter to highlight macro momentum shifts. White line: BTC/RUT ratio (Bitcoin relative strength vs small-cap equities) Yellow line: Weekly SMA of the ratio (trend filter) Green background: BTC outperforming → macro bull regime Red background: Russell 2000 outperforming → macro bear regime Halving markers: Visual reference points for Bitcoin market cycles This tool is designed to help traders understand capital rotation between crypto and traditional markets, improve timing of macro entries, and visualize where Bitcoin stands within its broader cycle.
Pine Script® indicator
by zeche13
HTF Frequency Zone [BigBeluga]🔵 OVERVIEW HTF Frequency Zone highlights the dominant price level (Point of Control) and the full high–low expansion of any higher timeframe — Daily, Weekly, or Monthly. It captures the frequency of closes inside each HTF candle and plots the most traded “frequency zone”, allowing traders to easily see where price spent the most time and where buy/sell pressure accumulated. This tool transforms each higher-timeframe bar into a fully visualized structure: • Top = HTF high • Bottom = HTF low • Midline = HTF Frequency POC • Color-coded zones = bullish or bearish bias • Labels = counts of bullish and bearish candles inside the HTF range It is designed to give traders an immediate understanding of high-timeframe balance, imbalance, and price attraction zones. 🔵 CONCEPTS HTF Partitioning — Each Weekly/Daily/Monthly candle is converted into a dedicated zone with its own High, Low, and Frequency Point of Control. Frequency POC (Most Touched Price) — The indicator divides the HTF range into 100 bins and counts how many times price closed near each level. Dominant Zone — The level with the highest frequency becomes the HTF “Value Zone,” plotted as a bold central line. Directional Bias — • Bullish HTF zone • Bearish HTF zone Internal Candle Counting — Within each HTF period the indicator counts: • Buy candles (close > open) • Sell candles (close < open) This reveals whether intraperiod flow was bullish or bearish. HTF Structure Blocks — High, Low, and POC are connected across the entire higher-timeframe duration, showing the real shape of HTF balance. 🔵 FEATURES Automatic HTF Zone Construction — Generates a complete price zone every time the selected timeframe flips (Daily / Weekly / Monthly). Dynamic High & Low Extraction — The indicator scans every bar inside the HTF window to find true extremes of the range. 100-Level Frequency Scan — Each close within the period is assigned to a bin, creating a detailed distribution of price interaction. HTF POC Highlighting — The most frequent price level is plotted with a bold red line for immediate visual clarity. Bull/Bear Coloring — • Green → Bullish HTF zone. • Orange → Bearish HTF zone. Zone Shading — High–Low range is filled with a semi-transparent color matching trend direction. Buy/Sell Candle Counters — Printed at the top and bottom of each HTF block, showing how many internal candles were bullish or bearish. POC Label — Displays frequency count (how many touches) at the POC level. Adaptive Threshold Warning — If bars inside the HTF window are too few (<10), the indicator warns the trader to switch timeframe. 🔵 HOW TO USE Higher-Timeframe Biasing — Read the zone color to determine if the HTF candle leaned bullish or bearish. Value Zone Reactions — Price often reacts to the Frequency POC; use it as support/resistance or liquidity magnet. Range Context — Identify when price is trading near HTF highs (breakout potential) or lows (reversal potential). Momentum Evaluation — More bullish internal candles = internal buying pressure; more bearish = internal selling pressure. Swing Trading — Use HTF zones as the “macro map,” then execute trades on lower timeframes aligned with the zone structure. Liquidity Awareness — The HTF POC often aligns with algorithmic liquidity levels, making it a strong reaction point. 🔵 CONCLUSION HTF Frequency Zone transforms raw higher-timeframe candles into detailed distribution zones that reveal true market behavior inside the HTF structure. By showing highs, lows, buying/selling activity, and the most interacted price level (Frequency POC), this tool becomes invaluable for traders who want to align executions with powerful HTF levels, liquidity magnets, and structural zones.
Pine Script® indicator
by BigBeluga
3