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Breadth Indicators

POI Supply/Demand Zones [MTF Fixed]итоговый мультитаймфреймовый индикатор зон поддержки и сопротивления, отражает поддержку зон старших таймфреймов - треугольники оранжевого цвета, либо прямо в линиях support demand пишет и выделят их другим цветом при совпадении, кроме того добавлено отражение структуры рынка по методу зиг заг, и также есть элемент старшего фрейма // The final multi-timeframe indicator of support and resistance zones reflects the support zones of higher timeframes - orange triangles, or directly in the support demand lines and highlights them in a different color when they match. Additionally, a reflection of the market structure using the zig-zag method has been added, and there is also an element of a higher timeframe.
Pine Script® indicator
by roadking1984
Round Level Pro Stats Here is a professional English description of your indicator, which you can use for your own records or if you ever want to share it on the TradingView Community Scripts: Indicator Name: Dynamic Round Levels & Historical Strength Grid Overview This indicator is a sophisticated technical analysis tool designed to identify and evaluate "Round Number" psychological levels (e.g., 1.17100, 1.17200, 1.17300). Unlike a static grid, this tool actively scans historical data to provide a "Strength Score" for each level, helping traders distinguish between minor price points and significant historical reaction zones. Key Features Automated Price Grid: Generates a clean, horizontal grid based on user-defined price intervals (Steps). Perfect for Forex (0.001 pips), Stocks, or Crypto. Historical Strength Engine: Analyzes up to 5,000 historical bars to calculate how "respected" a price level is. The "3-Candle Confirmation" Logic: A level's strength is only increased if the price touches the line and successfully reverses/bounces, staying on the same side for at least 3 subsequent candles. Smart Visual Coding: Green (High Strength): Levels with >60% historical reversal success. Orange (Medium Strength): Levels with 35%–60% success. Red (Low Strength): Levels frequently breached without reaction. Pro HUD Display: Bold percentage labels are positioned at the far right of the chart (near the price scale) to keep the main trading area clutter-free. How to Use Set your Step: For Forex, use 0.001 to see 10-pip increments. For Bitcoin or Gold, use 10 or 100. Lookback Period: Adjust the history scan (up to 5,000 bars) to match your trading timeframe. Identify Support/Resistance: Look for Green % STR labels. These represent "Round Numbers" that have acted as strong barriers in the past, offering higher-probability entry or exit points. Technical Summary for Pine Script Language: Pine Script v5 Max Lines/Labels: 500 (Optimized for performance) Placement: Far-right margin alignment using bar_index offsets.
Pine Script® indicator
by nirree11
PDH/PDL Breakout Pip MeasurerThe indicator tracks and measures daily breakout performance when price breaks the Previous Day's High (PDH) or Previous Day's Low (PDL). This indicator provides exact pip/point measurements of how far breakouts travel before hitting your stop-loss, with comprehensive statistics for strategy optimization. Function Tracks breakouts above PDH (Previous Day's High) and below PDL (Previous Day's Low) Measures maximum distance price travels after breakout before stop-loss hit Calculates exact pip/point gains for every breakout move Provides statistical analysis of breakout performance over time Identifies only first breakout of each day for clean signals Performance Metrics Exact pip measurement for every breakout move Statistics table with Count, Average, Min, Max pips Separate tracking for bullish and bearish breakouts Historical performance accumulation over time Active breakout monitoring in real-time Settings Adjustable pip multiplier - works with any instrument (Forex, indices, crypto) Separate stop-loss settings for bull/bear breakouts Visual control - show/hide levels, labels, table Built-in alerts for breakout notifications
Pine Script® indicator
by mmrabea
neeson btc bitcoin CSP-Pro+Comprehensive Description: Crypto Sentiment Pro Plus Indicator Originality & Unique Value Proposition Crypto Sentiment Pro Plus is an innovative, multi-dimensional sentiment analysis system that stands out from conventional market indicators through several key innovations: Holistic 10-Factor Sentiment Model: Unlike single-dimensional indicators (RSI, MACD), this system integrates ten distinct market dimensions, providing a comprehensive view of market psychology beyond simple price action. Advanced Machine Learning Integration: The indicator incorporates simulated neural network processing and Kalman filtering to dynamically adjust sentiment weighting, creating an adaptive model that learns from market patterns. Multi-Market Dimension Analysis: The system uniquely combines traditional technical analysis with simulated market microstructure data (liquidity, market breadth) and social sentiment proxies, offering insights typically requiring multiple specialized indicators. Sentiment State Machine: Implements a sophisticated state-based approach to market psychology, tracking not just current sentiment but also transition patterns, duration effects, and consistency across timeframes. What It Does & Implementation Methodology Primary Function: Generates a Composite Sentiment Index (0-100) representing market psychology across ten analytical dimensions, with advanced signal detection and risk management features. Implementation Architecture: 10-Module Sentiment Engine: Momentum Sentiment: Combines RSI, MACD, Stochastic, and Price Acceleration metrics Volume Sentiment: Analyzes volume profiles, OBV trends, and price-volume divergence Volatility Sentiment: Assesses ATR, Bollinger Band width, and intraday ranges Market Structure: Evaluates moving average alignment, trend strength (ADX/DMI), and support/resistance positioning Cycle Analysis: Incorporates seasonal and intraday temporal patterns Extreme Detection: Identifies overbought/oversold conditions and volatility extremes Pattern Recognition: Analyzes candlestick formations and breakout patterns Market Breadth: Simulates advance/decline and new high/low dynamics Liquidity Assessment: Models bid-ask spreads and order book depth Social Sentiment: Proxies social media activity through volume and price change relationships Advanced Processing Layer: Neural Network Simulation: Applies weighted optimization across modules (0.12 momentum, 0.11 volume, 0.10 volatility, etc.) Kalman Filter: Continuously refines sentiment estimation with a 0.7 gain factor Adaptive Weighting: Dynamically adjusts module influence based on market state (extreme conditions increase weighting by 20%) Signal Detection System: Multi-Confirmation Framework: Requires volume, trend, and module consistency confirmation Divergence Analysis: Detects price-sentiment divergences across multiple timeframes (20/40 periods) Strength Grading: Classifies signals as Strong (3), Normal (2), or Weak (1) based on confirmation criteria Core Computational Philosophy Underlying Principle: Market sentiment is a multi-factorial psychological state that manifests across different market dimensions simultaneously. True sentiment extremes occur when multiple independent factors converge, while conflicting signals indicate market transition phases. Key Philosophical Tenets: Dimensional Convergence: Significant market moves require alignment across multiple sentiment dimensions. The system measures this through module consistency scoring (bullish/bearish module counts). Asymmetric Response: The model applies greater weighting during extreme market states (greed/fear zones), recognizing that psychological factors dominate during market extremes. Temporal Layering: Different sentiment factors operate on different timeframes—momentum (short-term), structure (medium-term), cycles (long-term). The system synthesizes these into a coherent picture. Mean Reversion vs. Momentum Balance: The indicator dynamically balances between identifying trend continuation (momentum alignment) and reversal opportunities (extreme readings with divergence). Practical Application for Traders Specific Trading Methodologies Supported: Sentiment-Based Trend Following: Method: Combines momentum confirmation (RSI>50, MACD positive) with structural alignment (MA ordering) Entry: When sentiment index crosses above 50 with volume confirmation and >3 bullish modules Exit: On sentiment divergence or when extreme readings (>85) suggest exhaustion Mean Reversion Trading: Method: Focuses on extreme sentiment readings (<15 or >85) with technical divergence Entry: Extreme sentiment + price-sentiment divergence + volume spike confirmation Risk Management: Position sizing based on sentiment risk score (higher risk = smaller position) Breakout Confirmation: Method: Uses pattern and structure modules to validate breakout authenticity Application: Breakout signals require >60 sentiment score and volume >120% of average Filter: Rejects breakouts during low sentiment volatility (<5) suggesting false moves Multi-Timeframe Sentiment Analysis: Method: Compares daily vs. weekly sentiment for convergence/divergence Application: Daily-weekly alignment provides high-probability directional bias Signal: Only take positions when both timeframes agree (both >50 or both <50) Specific Signal Types Generated: Strong Buy/Sell Signals: Require basic signal + volume confirmation + module consistency + trend alignment + momentum confirmation Divergence Signals: Price makes new high/low but sentiment doesn't confirm Crossover Signals: Sentiment index crosses key thresholds (20, 30, 50, 70, 80) Extreme Event Alerts: Sentiment reaches >90 or <10 levels indicating potential capitulation Risk Management Integration: Dynamic Position Sizing: Recommends 100% position at <15 sentiment, 0% at >85 sentiment Comprehensive Risk Score: Combines sentiment risk, confidence score, and sentiment volatility State Duration Tracking: Measures how long market remains in current sentiment state Practical Usage Guidelines: Primary Use: As a confirming indicator alongside price action analysis Best Timeframes: 1-hour to daily charts for optimal signal-to-noise ratio Market Conditions: Particularly effective during high-volatility periods and trend transitions Pairing Suggestions: Combine with volume profile analysis and key support/resistance levels Avoid: Using as a standalone system; always confirm with price structure and market context This system provides traders with a nuanced understanding of market psychology across multiple dimensions, offering specific, actionable signals based on convergence/divergence principles rather than single indicator readings.
Pine Script® indicator
by neeson1987
UVOL Thrust TrackerUVOL Thrust Tracker identifies institutional breadth thrusts using NYSE up-volume as a percentage of total volume (USI:UVOL / USI:TVOL), plotted directly on price. The indicator highlights: TRUE 90% UVOL thrusts (rare, high-conviction breadth events) Surrogate thrust clusters (multi-day 80–89% participation) Cluster failures (momentum that fails to expand) Structural thrust failures (2022-style false starts) A regime filter based on the chart symbol’s moving averages separates bull vs bear environments, dynamically adjusting thresholds and failure logic. This tool is designed for regime confirmation and risk management, not short-term entries. TRUE thrusts typically confirm trend continuation, while failures warn when breadth support breaks down. Note: This indicator is intended for regime and risk assessment, not precise entries or exits.
Pine Script® indicator
by Trend711
Relative Strength vs S&P 500 (SPX/ES) Relative Strength vs S&P 500 This indicator measures the relative performance of an asset compared to the S&P 500, helping traders and investors identify whether an asset is outperforming or underperforming the broader market. The calculation is based on a price ratio between the selected asset and the S&P 500, optionally normalized to a base value (100) for easier interpretation. How to read it: Above the baseline (100) → the asset is outperforming the S&P 500 Below the baseline (100) → the asset is underperforming the S&P 500 Rising line → strengthening relative performance Falling line → weakening relative performance Why it’s useful: Helps focus on market leaders, not just assets that “look cheap” Filters trades and investments in the direction of relative strength Useful for swing trading, long-term investing, and portfolio allocation Widely used in institutional and professional asset management This indicator is best used as a trend and selection filter, in combination with technical setups (support/resistance, VWAP, structure).
Pine Script® indicator
by egu26
RTH High Low Guardian-Pro# RTH Guardian - User Guide ## Overview RTH Guardian is a sophisticated intraday trading indicator designed for Regular Trading Hours (RTH) sessions on futures markets like NQ and ES. It tracks the session's highest high and lowest low candles, creating dynamic support and resistance zones while providing real-time quality metrics to help you make informed trading decisions. Think of this indicator as your trading guardian - it watches over the market structure during RTH, identifies key levels, and warns you when conditions might be unfavorable for entry. --- ## Core Concept: The Three-Line System When a new session high or low is established, the indicator creates three horizontal lines: ### For Highs (Short Setup): - **Red Line (High)**: The absolute high of the breakout candle - **Green Line (Low)**: The low of that same breakout candle - **Blue Line (HL/2)**: The midpoint - your potential entry zone for shorts ### For Lows (Long Setup): - **Green Line (Low)**: The absolute low of the breakout candle - **Red Line (High)**: The high of that same breakout candle - **Blue Line (HL/2)**: The midpoint - your potential entry zone for longs The philosophy is simple: trade from the middle, not the extremes. The HL/2 line represents a balanced entry point where you're neither chasing the high/low nor entering too early. --- ## Understanding the Label Metrics Each HL/2 line displays a floating label with five key pieces of information: ### 💲 Price The exact price level of the HL/2 midpoint. This is your potential entry price. **Example**: `💲 21450.75` ### 🛑 Delta (Δ) The distance between the HL/2 and the opposite extreme of the breakout candle. - **For shorts**: Distance from HL/2 to the candle's low - **For longs**: Distance from HL/2 to the candle's high This tells you how much "room" you have for the trade to breathe. A larger delta generally means more tolerance for adverse movement. **Example**: `🛑 Δ 15.50` (15.50 points of room) ### ⏰ Time Since Last Hit How many bars ago the HL/2 level was last touched by price action. This is your "freshness" indicator. The longer price stays away from a level, the less relevant it becomes as immediate support/resistance. **Example**: `⏰ 3 bars ago` (Price tested this level 3 bars back) **Interpretation**: - 1-3 bars: Very fresh, high relevance - 4-8 bars: Cooling off - 9+ bars: Level is aging, price has moved on ### 🎯 Hit Percentage The quality metric. Shows how many times the HL/2 has been tested out of the total bars since creation. **Formula**: (Number of hits / Total bars) × 100 **Example**: `🎯 2/5 = 40.0%` **Color Coding** (when "Use Quality Color" is enabled): - **Gray** (0%): Untested, no data yet - **Blue** (<20%): Low interaction, level mostly ignored - **Green** (20-39%): Moderate quality, decent level - **Yellow** (40-59%): High interaction, strong level - **Red** (≥60%): Excessive grinding, potential chop zone **Trading Insight**: Green and Blue zones often represent the best risk/reward opportunities. Yellow and Red suggest the market is struggling with the level - proceed with caution or avoid. ### 🚀 Breakaway Status Tracks momentum away from the level - a one-time event that never updates. **For Highs (Short)**: First candle where the **high** drops below the HL/2 **For Lows (Long)**: First candle where the **low** rises above the HL/2 **Example**: `🚀 1st B-away` (Breakaway achieved on the very first candle) **Interpretation**: - **1st-2nd B-away**: Explosive momentum, strong directional move - **3rd-5th B-away**: Healthy progression away from level - **6th+ B-away**: Slower momentum, level still has gravity - **No B-away**: Price keeps returning to level, not breaking free Early breakaway (1st-3rd) suggests the level is being respected and momentum is strong in the opposite direction. Late or no breakaway suggests the level is "sticky" and might still be in play. --- ## The Guardian Analysis Table The table in the corner provides a macro view of market conditions with three sections: ### Chop Zone Analysis (Top) Detects when price is trapped between the High's Low and Low's High - a range-bound danger zone. **Status Indicators**: - **Clear** (Green): Clean trending conditions, no overlap - **Wide Range** (Yellow): Some overlap but tradeable - **TIGHT CHOP** (Orange): Dangerous grinding between levels **Example**: `Chop: TIGHT CHOP (4x)` - Price has bounced between the zones 4 times. Stay out or trade breakouts only. ### SHORT Section (Red) Metrics for potential short setups from the High's HL/2: - **Seq-H (Sequential Highs)**: How many consecutive higher highs have formed - Green (<5): Healthy trending - Yellow (5-9): Extended, caution - Red (≥10): Severely overextended - **MFE (Maximum Favorable Excursion)**: Best profit potential if you shorted from HL/2 - Green (>100% of Δ): Excellent movement - Blue (50-100%): Good movement - Orange (<50%): Limited movement - **MAE (Maximum Adverse Excursion)**: Worst drawdown if you shorted from HL/2 - Green (<50% of Δ): Minimal heat - Yellow (50-80%): Moderate heat - Red (>80%): Significant heat taken ### LONG Section (Green) Mirror metrics for potential long setups from the Low's HL/2. Same interpretation as SHORT section but for long positions. --- ## Trading Psychology: What This Indicator Teaches You ### The Cave Diving Parallel Just as a cave diver checks their air supply, depth, and safety lines before proceeding deeper, RTH Guardian asks you to check your trading environment before taking a position: 1. **Air Supply = Delta**: Do you have enough room for the trade to work? 2. **Depth Gauge = Hit Percentage**: Is this level quality or are you diving into murky waters? 3. **Safety Line = Breakaway**: Is there momentum carrying price away from danger? 4. **Visibility = Chop Status**: Can you see clearly or is it too stirred up? ### Self-Sabotage Patterns It Reveals **Pattern 1: Chasing** If you're tempted to enter when "bars ago" shows 0-1 and hit percentage is already Yellow/Red, you're chasing a grinding level. The indicator is warning you: "This level is being fought over. Choose another entry or wait." **Pattern 2: Entering Extended Moves** Sequential highs/lows in Red territory means you're late to the party. The mountain metaphor applies: you're trying to summit a peak when you should have started at base camp. **Pattern 3: Ignoring the Chop** Trading when "TIGHT CHOP" shows is like trying to swim against a riptide. The indicator is literally telling you the market is trapped. Step aside. **Pattern 4: Disrespecting Momentum** "No B-away" after many bars means price won't leave the level alone. That's the market telling you the battle isn't decided. Don't force a directional bias. --- ## Optimal Usage Workflow ### 1. Session Start (9:30 AM ET) Watch for the first high and low to establish. Don't rush - let the levels prove themselves. ### 2. Level Creation When a new high/low forms (indicated by red/green circles), observe: - Is the Delta substantial? (>10 points on NQ is generally good) - Check Guardian table: Are we in clear or chop conditions? ### 3. Wait for Quality Let the level develop. Watch the hit percentage and bars ago metrics update. **Ideal Entry Window**: - Hit percentage: Blue or Green zone - Bars ago: 2-5 (not too fresh, not too stale) - Breakaway: Achieved within 1st-3rd candle - Chop status: Clear - MFE showing good follow-through, MAE manageable ### 4. Avoid When - Chop status shows TIGHT CHOP - Hit percentage in Red zone (≥60%) - Sequential highs/lows ≥10 (severely extended) - No breakaway after 8+ candles - MAE significantly exceeds MFE ### 5. Position Management Use the Delta as your baseline for stops and targets: - Stop loss: Beyond the extreme (high/low line) - Target: At minimum 1× Delta, ideally 2× Delta from HL/2 --- ## Visual Indicators at a Glance ### Circles - **Red circle**: New session high established - **Green circle**: New session low established ### Background Shading - **Light red shade**: New high breakout zone - **Light green shade**: New low breakout zone - **Light gray shade**: Chop zone (price between High's Low and Low's High) ### Line Colors (Default) - **Red**: Extreme highs - **Green**: Extreme lows - **Blue**: Entry zones (HL/2 midpoints) --- ## Common Questions **Q: Why does the level sometimes update frequently?** A: During volatile sessions, new highs/lows form rapidly. This is normal. The Guardian table's Sequential count will warn you when it becomes excessive. **Q: What if both HIGH and LOW labels show high hit percentages?** A: You're in a consolidation phase. The Chop indicator should reflect this. Step aside and wait for a clean breakout. **Q: Can I use this on other timeframes?** A: Yes! The indicator allows you to select 1, 5, 15, 30, or 60-minute timeframes. However, it's designed for RTH sessions (9:30 AM - 4:00 PM ET), so it works best on instruments with distinct RTH hours. **Q: What's the difference between "bars ago" and breakaway?** A: "Bars ago" tracks the last time price tested the HL/2 level. Breakaway tracks whether price has definitively moved away from the level (one-time event). You can have a recent hit (bars ago = 1) but no breakaway if price keeps returning. **Q: Should I always wait for breakaway?** A: Not necessarily. Breakaway indicates momentum, which is favorable but not mandatory. However, if you see "No B-away" after 10+ candles, that's a red flag that the level lacks conviction. --- ## Advanced Tips ### 1. Confluence with Other Analysis RTH Guardian works best when combined with your existing analysis: - Use it to confirm entries from your primary system - Let it keep you out of low-quality setups - Treat it as a quality filter, not a standalone signal generator ### 2. MFE/MAE Learning Over time, study the MFE/MAE ratios in the Guardian table: - If shorts consistently show high MAE and low MFE, the market has an upward bias - If longs show the opposite, downward bias exists - When both directions show high MAE, you're in chop - reduce position sizing ### 3. Session Personality Each RTH session has its own character: - Trend days: Levels update frequently, Sequential counts high, one direction dominant - Range days: Chop status persistent, hit percentages high, MFE/MAE balanced - Breakout days: Early levels hold, low hit percentages, strong breakaway signals ### 4. Emotional Discipline Integration Before entering any trade, verbally state: - "The Delta is X points" - "Hit percentage is Y% (color)" - "Breakaway was Zth candle" - "Chop status is " This forces you to acknowledge what the indicator is telling you. If you can't justify the entry using these metrics, don't take it. --- ## The Mountain Philosophy Remember the wisdom from "The Mountain Is You": self-sabotage in trading often comes from ignoring the signs that are clearly visible. RTH Guardian puts those signs directly on your chart. When you override a Red hit percentage or enter during TIGHT CHOP, you're not "seeing something the indicator missed" - you're engaging in the very self-sabotage patterns that keep you from consistency. The indicator doesn't predict the future. It holds up a mirror to current market structure and asks: "Given what you can see right now, is this a quality opportunity?" Your edge isn't in being right every time. It's in consistently taking only the setups where the conditions stack in your favor. RTH Guardian helps you do exactly that. --- ## Customization Options The indicator is highly customizable through the settings panel: ### Line Appearance - Colors for all lines (High, Low, HL/2 for both sides) - Line thickness (1-10) - Line style (Solid, Dashed, Dotted) ### Label Settings - Background colors for HIGH and LOW labels - Text color - Font size (Tiny, Small, Normal, Large, Huge) - Quality color mode (auto-colors based on hit percentage) ### Guardian Table - Position (9 locations available) - Font size - Sequential trend warning threshold (default: 5 bars) - Grinding trend warning threshold (default: 10 bars) - Chop zone multiplier (default: 1.5× Delta) --- ## Final Thoughts RTH Guardian is not a holy grail. It's a discipline tool. It won't make you a profitable trader overnight, but it will make you honest about the quality of your entries. Over time, that honesty compounds into consistency. Use it wisely, respect its warnings, and let it guide you away from self-sabotage. Good trading requires good information + emotional discipline. RTH Guardian provides the information. The discipline is still on you. --- *"The mountain is you. The obstacles you face are often the ones you create. RTH Guardian helps you see those obstacles before you create them on your chart."*
Pine Script® indicator
by DeLeBlanc
3
PivotStrike Pro 1M + Time-Anchored Pivots # PivotStrike Pro 1M — Supertrend Style + Time-Anchored Pivots **PivotStrike Pro 1M (PSP1M-ST)** blends a fast Supertrend-style trend engine with **time-anchored major S/R pivots** that stay locked to the candles as you scroll and zoom. It’s designed for **clear, one-shot Buy/Sell flips** on the 1-minute chart while keeping your chart readable and decisive during strong moves. ## What it does * **Supertrend Rails (non-repainting on close)** Green rail sits **below** price in uptrends; red rail sits **above** price in downtrends. When the regime flips, you get a **single Buy or Sell flag**—no re-printing on the same bar. * **Time-Anchored S/R Pivots** Confirms **major swing highs/lows** using left/right pivot windows and anchors each level to the bar’s timestamp. Lines extend to the right and **remain aligned with price** when you zoom. * **Simple, production-ready alerts** Built-in alerts for Buy/Sell flips so you can route to notifications or bots. ## Why it’s different * **One-shot signals** you can trust at regime change (no clusters of duplicate arrows). * **Locked pivots** using `xloc=bar_time`, so support/resistance doesn’t drift when you change the view. * **HTF option** for the Supertrend engine if you want to smooth 1-minute noise. ## Inputs (quick guide) * **Indicator Timeframe**: leave blank for chart timeframe (1M), or choose a higher TF to smooth (e.g., 3M/5M). * **ATR Period / ATR Multiplier**: default **10 / 3.0** (same feel as classic Supertrend). * **Source**: HL2 (default). * **Change ATR Method**: RMA(TR) on; toggle off to use `ta.atr`. * **Show Buy/Sell Signals / Highlighter**: visual preferences. * **Major S/R (Pivots)**: enable, choose left/right bars (defaults 8/8), line count, style, and transparency. ## Recommended 1M presets * **ATR Period 10**, **Multiplier 3.0**, **Source HL2**, **Highlighter ON**, **Signals ON**. * If the rail feels too tight/loose: nudge Multiplier **2.5–3.5**. * Live scalping? Keep timeframe on **Chart**. Want fewer flips? Try **3M/5M** engine via *Indicator Timeframe*. ## How to read it * **Trend**: Follow the rail—green below = uptrend bias; red above = downtrend bias. * **Buy/Sell**: Acts at the **confirmed regime flip**. Use pivots to assess nearby S/R for entries, partials, or stop placement. * **Pivots**: Recent highs (red lines) and lows (green lines). Breaks/holds around these areas often mark continuation vs. fade zones. ## Alerts * **PSP1M-ST: BUY / SELL** — triggers on confirmed flips. Tip: Pair with a simple “rail touch/close beyond” rule in your strategy if you want automation. ## Repainting & HTF notes * The rail and flags **do not repaint after bar close** on the chart timeframe. * If you pick a **higher Indicator Timeframe**, the engine only finalizes when that **HTF bar closes** (normal behavior). For pure 1M confirmation, leave the timeframe blank. ## Best practices * Use pivots to avoid chasing into resistance/support. * Combine with volume or session filters (e.g., avoid lunch chop). * Scale risk by distance to the rail; trail behind the rail for simple exits. > **Disclaimer**: This script is for educational use only. Markets carry risk. Always test and manage risk before trading.
Pine Script® indicator
by Pelucas1
Market Internals Dashboard (Time-Based Adaptive)Market Internals Dashboard (Time-Based Adaptive) ⚠️ IMPORTANT DISCLAIMER This indicator is for CONFIRMATION purposes only and should NEVER be used as a standalone trading signal. ✅ Always test thoroughly in paper trading first ✅ Use as ONE confluence factor within your complete trading model ✅ Combine with price action, support/resistance, and your strategy rules ✅ Never enter trades based solely on this indicator ❌ Past performance does not guarantee future results You are responsible for your own trading decisions and risk management. 📊 WHAT THIS INDICATOR DOES This comprehensive Market Internals Dashboard monitors real-time NYSE and NASDAQ market breadth indicators to help traders identify: Market Bias - Is the overall market bullish, bearish, or neutral? Market Strength - How strong is the current move? Divergences - Are internals confirming price action or warning of reversal? Chop Zones - When to avoid trading due to choppy conditions Extreme Levels - Overbought/oversold conditions for potential fades Sector Rotation - Is money flowing to Value (NYSE) or Tech (NASDAQ)? Key Market Internals Tracked: NYSE Internals: USI:TICK - Net advancing vs declining stocks USI:ADD - Advance/Decline Line USI:VOLD - Volume difference (up vol - down vol) Volume Ratio - Up volume / Down volume Cumulative TICK - Session momentum NASDAQ Internals: USI:TICKQ - NASDAQ tick indicator USI:ADDQ - NASDAQ Advance/Decline USI:VOLDQ - NASDAQ volume difference NASDAQ Volume Ratio Cumulative TICKQ Additional Features: TVC:VIX - Volatility index for risk sentiment Volume Pulse - Institutional volume detection TICK Delta - Momentum acceleration/deceleration Adaptive Extreme Levels - Dynamic overbought/oversold zones Fade Detection - Mean reversion opportunities 🎯 HOW THIS HELPS YOUR TRADING 1. Confirmation of Bias If you're looking for longs, check if NYSE/NASDAQ show bullish alignment Strong confluence when both markets agree with your directional bias Avoid counter-trend trades when internals strongly oppose your setup 2. Timing Entries Wait for internals alignment before entering Use extreme levels for fade opportunities (mean reversion) TICK Delta shows acceleration - enter on momentum confirmation 3. Risk Management CHOP DETECTION warns when conditions are unfavorable Reduce position size or stay flat during "DANGER ZONE" readings Exit trades early if internals flip against your position 4. Divergence Alerts When VOLD rises but price falls = potential bullish reversal When VOLD falls but price rises = potential bearish reversal Early warning system before price confirms the reversal 5. Session Context Cumulative TICK shows session-wide bias "Strong Bull Session" = favor longs, be selective with shorts "Strong Bear Session" = favor shorts, be selective with longs ⚙️ SETTINGS GUIDE 📊 Dashboard Display Dashboard Position - Choose where the dashboard appears (Top Right recommended) Text Size - Adjust for screen resolution (Normal recommended) Compact Mode - Shows only Overall Status + Scores (useful for small screens) Color Settings - Customize background colors for different states: Bullish/Bearish - Clear directional signals Neutral - No clear bias Chop/Warning - Avoid trading No Data - Outside trading hours 💎 Signal Label Show Signal Label - Diamond marker on chart when important signals trigger The label's tooltip shows: Aligned Bullish/Bearish Strong market moves Divergences Extreme levels Fade opportunities 📈 Market Internals Sources Data Timeframe - ⚠️ CRITICAL SETTING '1' minute = MAXIMUM ACCURACY (recommended for live trading) '5' minute = Lower accuracy, saves memory '15' minute = Lowest accuracy 💡 For real-time trading, ALWAYS use '1' minute! RTH Only (9:30-16:00 EST) - Filters data to Regular Trading Hours only Recommended: ON (internals are only meaningful during RTH) Show NYSE/NASDAQ Groups - Enable/disable entire sections Individual Indicators - Toggle specific internals on/off: USI:TICK - Most reactive, shows immediate sentiment USI:ADD - Confirms breadth, slower than TICK USI:VOLD - Shows institutional money flow Vol Ratio - Relative volume strength VOLD Trend - Compares VOLD direction vs price direction Vol Ratio Trend - Compares Vol Ratio vs price ⚙️ Thresholds TICK/ADD Thresholds - Standard levels for bullish/bearish signals NYSE TICK: 500 (conservative), 300 (aggressive) NYSE ADD: 500 (conservative), 300 (aggressive) NASDAQ TICK: 400 (conservative), 250 (aggressive) NASDAQ ADD: 400 (conservative), 250 (aggressive) VOLD Thresholds - Only for display color coding, not scoring ⚙️ Adaptive Extreme Levels Use Adaptive Extreme Levels - 🔥 KEY FEATURE ON = Dynamic thresholds based on recent volatility (RECOMMENDED) OFF = Fixed extreme levels Range Lookback (minutes) - Time window for calculating extremes ⚠️ IMPORTANT: Effective lookback depends on chart timeframe! 1min chart: max ~40min effective 5min chart: max ~200min effective 15min+ chart: full range available ✅ Recommended: 60min = Quick adaptation to changing volatility 120min = Balanced 180min = Stable (requires 5min+ chart) Early Session Period - First X minutes after open use reduced lookback 30min = recommended (first half hour) Prevents false extremes when range is still building Early Session Multiplier - Reduces lookback during early session 0.50 = 50% of normal lookback (recommended) 0.25 = Very conservative Extreme % from High/Low - How far from range extremes to trigger 0.90 = 90% of range (conservative) 0.80 = 80% of range (aggressive) ⚙️ Volume Ratio Vol Ratio Bullish Threshold - e.g., 1.5 = up volume is 1.5× down volume 1.5 = balanced (recommended) 2.0 = more selective Vol Ratio Extreme Threshold - For extreme signals 2.5 = very strong imbalance (recommended) ⚙️ VOLD Trend VOLD Trend Period - Bars back for trend comparison 3 = recent trend (recommended for scalping) 5 = broader trend (swing trading) VOLD Trend Weight - Importance in scoring 1.0 = equal to other indicators (recommended) ⚙️ Vol Ratio Trend Same as VOLD Trend but for Volume Ratio 📊 Volume Pulse Volume Pulse Lookback - Rolling average window 30min = balanced (recommended) 15min = sensitive to volume spikes 60min = stable, longer-term context Shows when volume is: 🔵 Institutional (2.0×+ average) High Volume (1.3×+ average) Normal (0.7-1.3× average) ⚠️ Low Volume (<0.7× average) 📊 Cumulative TICK Tracks session-wide momentum by summing all TICK readings. Strong Bullish/Bearish - Thresholds for session bias +3000 / -3000 = strong session bias (recommended) Cumulative TICK Trend - Lookback - Bars on YOUR chart timeframe On 15min chart: 3 bars = 45min trend On 5min chart: 3 bars = 15min trend Threshold - Minimum change for trend detection 200 = balanced (recommended) 500 = only strong trends 🔄 Fade Logic Enable Fade Detection - Mean reversion after extremes When TICK hits extreme (e.g., +1200) then reverses by X points, signals potential fade. Fade Reversal Amount - How much TICK must reverse 200 = moderate fade (recommended) 300 = stronger confirmation needed Require ADD Confluence - Fade signal needs ADD confirmation ON = safer (recommended) OFF = more signals, less reliable ⚙️ Hysteresis Use Hysteresis - Prevents signal flickering ON = recommended (smoother signals) Hysteresis % - How much value must change to flip state 10% = balanced (recommended) ⚠️ Chop Detection Warns when market conditions are unfavorable for trading. TICK Range for Chop - If TICK stays within ±X for lookback period 400 = identifies tight consolidation (recommended) ADD Threshold for Chop - If ADD is weak 300 = balanced (recommended) Lookback Period - Bars to analyze 30 = recent conditions (recommended) Max Score Difference for Chop - If bull/bear scores are similar 40% = identifies indecision (recommended) Lunch Time Warning - 11:00-13:30 EST ON = recommended (lunch chop is real!) Chop Score Interpretation: 0-40% = 🟢 Tradeable 40-70% = 🟡 Choppy (be careful) 70-100% = 🔴 DANGER (avoid trading) 🎯 Scoring Weights - Importance of each indicator in final score: TICK Weight: 1.5 (most reactive) ADD Weight: 1.5 (breadth confirmation) Vol Ratio Weight: 1.0 (volume strength) VOLD Trend Weight: 1.0 (trend confirmation) Vol Ratio Trend Weight: 1.0 (trend confirmation) Cumulative TICK Trend Weight: 1.5 (session momentum - very important!) Strong Signal Threshold - Minimum % for "strong" signal 70% = recommended 80% = more selective 🔄 Alignment & Divergence Min Score Difference for BIAS - How clear the bias must be 30% = recommended 50% = very clear bias required Threshold for ROTATION Warning - When one market opposes the other 40% = balanced (recommended) Rotation Types: ROTATION TO VALUE = NYSE↑ NASDAQ↓ (buy financials/industrials) ROTATION TO TECH = NASDAQ↑ NYSE↓ (buy tech stocks) 🔔 Alerts Configure alerts for various conditions: Aligned Bullish/Bearish (both markets agree) Rotation Detected (sector rotation) Strong Signals (70%+ score) Chop/Danger (avoid trading) Extreme Levels (overbought/oversold) Divergences (early reversal warnings) Fade Signals (mean reversion) 🎓 USAGE EXAMPLES Example 1: Scalping ES during RTH Setup: Data Timeframe: 1 minute (max accuracy) Chart: 5-minute ES Looking for long scalp Check Dashboard: ✅ Overall Status = "ALIGNED BULL" ✅ NYSE Score = 🟢 75% ✅ NASDAQ Score = 🟢 72% ✅ Market Quality = 🟢 OK (chop score <40%) ✅ Volume Pulse = High Volume or Institutional Action: Enter long on your strategy signal with high confidence Example 2: Avoiding Bad Trades Setup: Your strategy gives long signal Price looks good Check Dashboard: ❌ Overall Status = "🔴 AVOID - Both Choppy" ❌ NYSE Chop = 🔴 DANGER (75%) ❌ NASDAQ Chop = 🔴 DANGER (72%) ❌ TICK Range = narrow consolidation Action: SKIP THE TRADE - Internals warn conditions are unfavorable Example 3: Fade Opportunity Setup: Market pushed to extreme Looking for reversal Check Dashboard: 🔻 NYSE FADE SHORT signal appears ⚡ TICK was +1200 (extreme) 📉 Now reversed to +950 ✅ ADD confirmed (turning negative) Action: Consider short entry (with your reversal setup) Example 4: Divergence Warning Setup: ES making new highs You're in a long position Check Dashboard: ⚠️ NYSE BEAR DIVERGENCE 📊 VOLD falling while price rising 🟡 Overall Status changing to "MIXED" Action: Tighten stops or take profits - internals warn momentum fading 💡 BEST PRACTICES DO: ✅ Test extensively before live trading ✅ Use on 5min or 15min charts for swing trades ✅ Use on 1min or 3min charts for scalping ✅ Combine with your proven strategy ✅ Respect CHOP DETECTION warnings ✅ Use Data Timeframe = 1 for accuracy ✅ Monitor Volume Pulse for institutional activity ✅ Watch for divergences as early warnings DON'T: ❌ Trade based on internals alone ❌ Ignore chop warnings ("I'll be careful") ❌ Use Data Timeframe >5 for live trading ❌ Trade against aligned strong signals ❌ Overtrade - wait for quality setups ❌ Ignore session context (Cumulative TICK) 🔧 RECOMMENDED SETTINGS For Day Trading (Scalping): Data Timeframe: 1 Adaptive Extremes: ON Range Lookback: 60 minutes VOLD Trend Period: 3 Cumulative TICK Weight: 1.5 (important!) Chop Detection: ON For Swing Trading: Data Timeframe: 5 Range Lookback: 120 minutes VOLD Trend Period: 5 Strong Threshold: 75% 📝 NOTES Market internals are most reliable during regular trading hours (9:30-16:00 EST) Lunch period (11:00-13:30 EST) often shows choppy behavior First 30 minutes after open can be erratic - use early session adjustments Power hours (9:30-10:30 and 15:00-16:00) tend to have cleaner trends Volume Pulse helps identify when "smart money" is active 🤝 SUPPORT If you find this indicator helpful, please consider: ⭐ Leaving a positive review 💬 Sharing your trading experience 📈 Supporting my work with a TradingView subscription (any tier helps!) Creating and maintaining free, high-quality indicators takes significant time and effort. Your support enables me to continue developing tools for the trading community and keep them updated. Thank you! 🙏 Remember: This is a tool, not a system. Your trading success depends on YOUR complete strategy, risk management, and discipline. Good luck and trade safe! 🚀
Pine Script® indicator
by CZtrading1976
VN Stock Risk + RS CombinedDescription This script is a cycle-based risk and relative strength indicator designed for the Vietnam stock market. It combines: Market Risk (long-term cycle & trend extension) Relative Strength (RS) versus VN-Index The goal is to identify stocks that are not overheated and are outperforming the broader market. How it works The indicator calculates: Risk score (0–1) using: Deviation from long-term cycle SMA Price distance from 40-week MA Medium-term flow (20W / 40W MA) Relative Strength (RS): Stock price divided by VN-Index price Compared to RS 40-week MA How to use Timeframe: Weekly only Green zone: Low risk + RS above MA → accumulate / hold Yellow zone: Mixed signals → wait Red zone: High risk or weak RS → avoid / reduce exposure Rule of thumb: Buy stocks with lower risk than VN-Index and RS above its 40-week MA. Intended use Mid-to-long-term investing Portfolio allocation Avoiding market tops ❌ Not for day trading or scalping
Pine Script® indicator
by vuongtv12
Altcoin Risk + RS vs BTC1. What is this indicator? The Altcoin Risk + RS vs BTC indicator is a cycle-based investment tool, designed to answer one key question: “Is this altcoin both relatively strong and not overheated?” It combines two essential dimensions of decision-making: Risk (cycle & valuation) – Is the price too extended? Relative Strength (RS) – Is capital flowing into this altcoin instead of Bitcoin? This indicator is not for short-term trading. It is optimized for mid-to-long-term positioning, portfolio allocation, and avoiding cycle tops. 2. Core concepts 2.1 Risk Component – “Is the altcoin overheated?” The Risk score (0 → 1) measures how far the altcoin has moved relative to its own historical growth path. It combines three elements: Deviation from long-term cycle SMA (2–3 years) → Measures long-term valuation vs cycle trend Log distance from 20-week moving average → Identifies bull vs bear regime Trend momentum (50-day / 50-week MA) → Captures acceleration or exhaustion Interpretation: Risk Level Meaning Low (≤ 0.3) Undervalued / accumulation Medium (0.3–0.6) Healthy trend High (≥ 0.8) Overheated / distribution 2.2 Relative Strength (RS) vs Bitcoin – “Is it beating BTC?” Relative Strength is calculated as: RS = Altcoin Price / Bitcoin Price Then compared to its 40-week moving average. Interpretation: RS Condition Meaning RS > MA40 Altcoin outperforming BTC RS < MA40 BTC stronger (alt underperforming) This ensures you only buy altcoins that are actually attracting capital, not just rising because BTC is rising. 3. Combined logic (the key idea) An altcoin is attractive only when BOTH conditions are true: ✅ Condition 1 – Risk filter Altcoin Risk < Bitcoin Risk → The altcoin is not more overheated than BTC ✅ Condition 2 – Relative Strength filter RS > RS 40W MA → The altcoin is outperforming BTC 4. Indicator signals (visual meaning) Background Color Meaning Action 🟢 Green Low risk + strong RS Accumulate / DCA 🟡 Yellow Mixed conditions Wait / monitor 🔴 Red High risk or weak RS Avoid / reduce 5. How to use it correctly (step-by-step) Step 1 – Timeframe Weekly chart only Daily or lower timeframes will generate noise Step 2 – Asset selection Best suited for: ETH SOL BNB KAS AVAX ❌ Not recommended for meme coins or illiquid assets Step 3 – Capital allocation Focus only on green-zone altcoins Ignore “interesting narratives” if the indicator is red Step 4 – Portfolio discipline Increase exposure when green appears after a long red/yellow period Reduce exposure when risk turns red, even if price is still rising 6. What this indicator is NOT ❌ Not a scalping tool ❌ Not a top/bottom picker ❌ Not predictive of short-term price movements It is a risk management and capital allocation framework. 7. Typical mistakes to avoid Using it on daily charts Buying altcoins with high RS but very high risk Ignoring Bitcoin risk context Applying it to hype-driven meme coins
Pine Script® indicator
by vuongtv12
BTC Valuation ZonesBTC Valuation – Distance From 200 MA This indicator provides a simple but powerful Bitcoin valuation framework based on how far price is from the 200-period Moving Average, a level that has historically acted as Bitcoin’s long-term equilibrium. Instead of predicting tops or bottoms, this tool focuses on mean-reversion behavior: When price deviates too far above the 200 MA → risk increases When price deviates deeply below the 200 MA → long-term opportunity increases
Pine Script® indicator
by LeonardoDaTrader