Dynamic Support and Resistance with Fake Signals (Weak/Strong)Dynamic Support and Resistance with Fake Signals (Weak/Strong) for TradingView
The Dynamic Support and Resistance with Fake Signals indicator provides a comprehensive analysis of market conditions by identifying key support and resistance levels, highlighting potential fake signals, and offering additional visual cues for traders. This article introduces the core functionalities, benefits, and application of this indicator.
Key Features
Dynamic Support and Resistance Levels
The indicator dynamically calculates support and resistance levels using pivot points, Average True Range (ATR), and a specified range of candles.
These levels are displayed as horizontal lines or boxes, providing clear visual cues for traders.
Fake Signal Detection
Identifies potential fake bullish and fake bearish signals based on:
RSI overbought and oversold conditions.
Long upper and lower wicks relative to candle bodies.
High volume compared to the average volume.
Fake signals are classified as Weak or Strong, with annotations and alerts to highlight their strength.
Volume and Wick Analysis
Analyzes candle wick deviations and volume thresholds to detect manipulative price actions or unusual market conditions.
Visual Enhancements
Support and resistance zones are shown as shaded boxes for better clarity.
Alerts and labels provide real-time insights into price action around these levels.
Alerts for Key Events
Custom alerts notify users when:
Fake bullish or bearish signals occur.
Support or resistance levels are broken.
How It Works
Support and Resistance Calculation
The indicator uses pivot high/low values to determine levels and adjusts them dynamically based on ATR values.
Fake Signal Identification
Fake Bullish Signal: Occurs when the price exceeds the resistance level, with a long upper wick, high volume, and RSI in the overbought zone.
Fake Bearish Signal: Occurs when the price falls below the support level, with a long lower wick, high volume, and RSI in the oversold zone.
Strength Classification
Signals are categorized as:
Strong: RSI > 85 (bullish) or < 15 (bearish).
Weak: RSI in less extreme ranges but still meeting other criteria.
Real-Time Alerts
Alerts are triggered for significant events like support/resistance breaches or confirmed fake signals.
Use Cases
Identifying Market Manipulation
Detect fake signals to avoid getting trapped by market makers or manipulative price moves.
Support/Resistance Trading
Leverage dynamically generated levels to find high-probability trade setups.
Enhanced Risk Management
Utilize alerts and signal strengths to make informed decisions and manage risk effectively.
Customization Options
The indicator offers user-configurable parameters to suit various trading styles:
Range Candle Count: Adjust the range length for pivot calculation.
Wick Deviation Factor: Modify the threshold for identifying long wicks.
Volume Threshold: Set the volume ratio for fake signal detection.
RSI and ATR Periods: Tailor the calculations for relative strength and volatility.
Zone Colors: Customize support and resistance box colors.
Conclusion
The Dynamic Support and Resistance with Fake Signals indicator is a powerful tool for traders looking to identify critical price levels and avoid fake signals in the market. By combining advanced technical analysis techniques with real-time alerts and visual cues, this indicator empowers traders to navigate the complexities of financial markets with confidence.
Try this indicator now on TradingView and enhance your trading strategy today!
Candlestick analysis
Engolfo com Força//@version=5
indicator("Engolfo com Força", overlay=true)
// Detectar Engolfo com Confirmação
engolfoAlta = (close < open ) and (close > open) and (close > high ) and (open <= close )
engolfoBaixa = (close > open ) and (close < open) and (close < low ) and (open >= close )
// Determinar força compradora ou vendedora
forcaCompradora = engolfoAlta and ((close - open) > (open - low))
forcaVendedora = engolfoBaixa and ((open - close) > (high - open))
// Definir cores com base na força
corAlta = forcaCompradora ? #006400 : #00FF00 // Verde escuro para força compradora, verde claro para padrão normal
corBaixa = forcaVendedora ? #8B0000 : #FF0000 // Vermelho escuro para força vendedora, vermelho claro para padrão normal
// Plotando setas
plotshape(series=engolfoAlta, location=location.belowbar, color=color.new(corAlta, 0), style=shape.labelup, title="Call")
plotshape(series=engolfoBaixa, location=location.abovebar, color=color.new(corBaixa, 0), style=shape.labeldown, title="Putt")
Smart Money Concepts V2.5 pro - CryptoBoostArmamos un analisis intenso con tendencias, quiebres de tendencia, canales y order blocks claves para que puedas armar y complementar los analisis con nuestra estrategia.
TD Supply & Demand Points ```
TD Supply & Demand Points Indicator
This technical indicator helps identify potential supply and demand zones using price action pattern recognition. It scans for specific candle formations that may indicate institutional trading activity and potential reversal points.
Features:
• Two pattern detection modes:
Level 1: Basic 3-candle pattern for faster signals
Level 2: Advanced 5-candle pattern for higher probability setups
• Clear visual markers:
- Red X above bars for supply points
- Green X below bars for demand points
- Automatic offset adjustment based on pattern level
Pattern Definitions:
Level 1 (3-candle pattern):
Supply: Middle candle's high is higher than both surrounding candles
Demand: Middle candle's low is lower than both surrounding candles
Level 2 (5-candle pattern):
Supply: Sequence showing distribution with higher highs followed by lower highs
Demand: Sequence showing accumulation with lower lows followed by higher lows
Usage Tips:
• Use Level 1 for more frequent signals and Level 2 for stronger setups
• Look for confluence with key support/resistance levels
• Consider overall market context and trend
• Can be used across multiple timeframes
• Best combined with volume and price action analysis
Settings:
Pattern Level: Toggle between Level 1 (3-candle) and Level 2 (5-candle) patterns
Note: This indicator is designed to assist in identifying potential trading opportunities but should be used as part of a comprehensive trading strategy with proper risk management.
Version: 5.0
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I've written this description to be:
1. Clear and concise
2. Technically accurate
3. Helpful for both new and experienced traders
4. Professionally formatted for TradingView
5. Focused on the key features and practical usage
Would you like me to modify any part of it or add more specific details about certain aspects?
EBL - Enhanced BOS LogicEBL - Enhanced BOS Logic
The EBL (Enhanced Break of Structure Logic) script is a powerful tool for traders who want to identify and act on key structural shifts in the market. By combining visual cues, such as horizontal lines and dynamic arrows, the script highlights critical points of interest where market behavior may indicate significant bullish or bearish momentum.
What Makes EBL Unique?
Break of Structure (BOS) Identification:
The script dynamically detects when price breaks above or below significant highs and lows, marking these levels as key BOS points.
Once a BOS level is confirmed, it is displayed on the chart as a horizontal line, allowing traders to easily identify areas of potential support and resistance.
Real-Time Validation and Invalidations:
Bullish BOS levels remain active until a bearish candle closes below the initiating bullish candle.
Similarly, bearish BOS levels remain active until a bullish candle closes above the initiating bearish candle.
If a BOS level is invalidated, both the corresponding line and its arrow are automatically removed to maintain chart clarity.
Visual Clarity with Arrows and Lines:
Customizable triangle arrows (green for bullish and red for bearish) appear alongside lines to signal entry opportunities.
Traders can adjust line length, colors, and visibility of arrows to fit their charting style.
Alerts for Confirmation:
Receive alerts when bullish or bearish structures are confirmed, ensuring you never miss a signal even when away from your chart.
How the Script Works
Detection of Bullish and Bearish Structures:
The script identifies a "Bullish Break" when the price closes above the high of a bullish candle followed by a bearish one.
A "Bearish Break" is detected when the price closes below the low of a bearish candle followed by a bullish one.
Line and Arrow Placement:
Horizontal lines are drawn at the high or low of the respective BOS level.
Triangular arrows are plotted just below or above the respective levels to indicate potential trade opportunities.
Automatic Cleanup:
When a line is invalidated by opposing market movement, both the line and its connected arrow are automatically removed from the chart.
How to Use EBL
Settings:
Adjust line colors (green for bullish, red for bearish) to suit your charting theme.
Customize arrow visibility or hide lines if you prefer a less cluttered chart.
Set the horizontal line length to match your desired timeframe and analysis depth.
Trading Concepts:
Trend Reversal Zones: Use invalidated BOS levels as signals for possible trend reversals.
Momentum Trading: Follow confirmed BOS levels to identify areas where price momentum is likely to continue.
Dynamic Support and Resistance: Leverage the lines to identify evolving support and resistance zones.
Alerts:
Enable alerts to receive notifications when bullish or bearish trends are confirmed, allowing you to stay informed without constant monitoring.
Conceptual Basis
This script is based on the widely used market structure concept, which is fundamental to price action trading. By tracking the highs and lows created by bullish and bearish movements, the EBL script provides an objective and systematic approach to identifying and trading key structural points in the market.
With the EBL - Enhanced BOS Logic, traders can visually and systematically track market structure, identify potential trade setups, and maintain a cleaner chart with automated line and arrow management. This script is ideal for trend-following, scalping, and swing trading strategies across all markets and timeframes.
Next Level Swing TimerThis script identifies high-momentum candles in alignment with the trend, helping you trade with confidence. It uses a combination of ATR (Average True Range) increases and specific candle parameters, such as current candle median moves relative to the previous candle median and body size also relative to the previous candle body, to highlight potential trade setups.
Trends are determined using highs and lows from the zigzag indicator. Two higher lows confirm an uptrend, while two lower lows signal a downtrend. A new trend can only start when the previous one ends, ensuring clarity in market direction.
By combining momentum detection with trend confirmation, this script provides clear, actionable signals for trend-following strategies. It’s designed to simplify decision-making and keep your trading in alignment with the market.
It’s up to you how to use the signals, but I recommend entering around the middle of the marked candle and setting your stop just above or below it after entry.
Nadaraya-Watson Envelope [LuxAlgo]Chỉ báo kỹ thuật (Technical Indicator) là một công cụ quan trọng được sử dụng trong phân tích kỹ thuật để dự báo xu hướng giá cả trong tương lai của các tài sản tài chính như cổ phiếu, tiền tệ, hàng hóa, hay chỉ số. Chỉ báo này được tính toán từ các dữ liệu lịch sử về giá và khối lượng giao dịch, giúp các nhà giao dịch đưa ra các quyết định mua hoặc bán dựa trên các tín hiệu mà chỉ báo cung cấp.
Super Fibonacci by @imparablestradingEste sofisticado script de Pine Script (v6) integra un enfoque multidimensional para el análisis técnico, combinando niveles dinámicos de Fibonacci, confirmación de tendencias mediante el indicador ADX, detección de puntos de swing clave y análisis de recogida de liquidez en los mercados financieros. Diseñado con adaptabilidad en mente, ajusta parámetros como profundidad y volatilidad según el estilo de trading (intradía, swing o largo plazo) y utiliza herramientas avanzadas como fractales y el ATR para refinar sus cálculos. Su arquitectura permite representar visualmente tendencias, niveles clave y señales estratégicas, mientras gestiona eficientemente los elementos gráficos en el gráfico, lo que lo convierte en una herramienta poderosa y personalizada para traders técnicos en busca de precisión y claridad analítica.
Buy Sell Cipher pro v2.5 - CryptoBoostArmamos una estrategia de compra y venta basado en el momentum del precio. Podes probarlo en estrategias del Scalping en 15min y 1hr detectando impulsos y retrocesos.
Kamal 8 Tick Trading Setup//@version=5
indicator("Kamal 8 Tick Trading Setup", overlay=true)
// Define the length for the lookback period
length = 8
// Calculate the highest high and lowest low of the previous 'length' candles, excluding the current candle
highestHigh = ta.highest(high , length)
lowestLow = ta.lowest(low , length)
// Initialize a variable to track the current position
var int position = 0 // 0 = no position, 1 = buy, -1 = sell
// Generate Buy and Sell signals
buySignal = (close > highestHigh) and (position != 1)
sellSignal = (close < lowestLow) and (position != -1)
// Update the position variable
if (buySignal)
position := 1
if (sellSignal)
position := -1
// Plot Buy and Sell signals on the chart
plotshape(series=buySignal, location=location.belowbar, color=color.green, style=shape.labelup, text="BUY")
plotshape(series=sellSignal, location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
// Debugging plots to check the highest high and lowest low
plot(highestHigh, color=color.blue, title="Highest High")
plot(lowestLow, color=color.orange, title="Lowest Low")
5-Min Open Candle BreakoutThis indicator provies buy sell signal based on 5 min open candle breakout strategy.
Wick Volume AlertThis indicator is intended to find a possible price reversal and is well suited for scalping in the smaller timeframes from 1 to 15min chart. It is important to use it in conjunction with other indicators such as order blocks or price levels.
The advantage over other Wick indicators is that volume is also taken into account.
Unfortunately, the markers on the chart do not work properly as they do not attach themselves when moving vertically. I would be happy if someone could fix the problem, as I am not a professional in Pine scripting.
Ultimate Precision Buy/Sell Signals - Advanced Edition V1.01Ultimate Precision Buy/Sell Signals - Advanced Edition V1.01
Overview
This powerful TradingView indicator is designed for maximum precision in trading by utilizing a combination of EMA, RSI, ATR, ADX, Fibonacci extensions, and divergence detection to identify optimal buy and sell opportunities. The script is designed to help traders maximize profits while minimizing risk with advanced risk calculations and stop-loss mechanisms.
How to Use the Indicator
1. Buy and Sell Signals
BUY Signal (Green Label Below Candles):
RSI crosses above 30 (indicating an oversold recovery).
Price is below the EMA (indicating undervaluation).
ADX confirms a strong trend (if enabled).
📌 Action: Open a long position and set a stop-loss based on the risk level.
SELL Signal (Red Label Above Candles):
RSI crosses below 70 (indicating an overbought condition).
Price is above the EMA (indicating overextension).
ADX confirms a strong trend (if enabled).
📌 Action: Open a short position and set a stop-loss based on the risk level.
2. Risk and Profit Calculations
Risk Level is determined using ATR × Risk Multiplier.
Potential Profit is calculated as Risk Level × Risk-Reward Ratio.
These values are displayed in a floating label to help manage your trades efficiently.
📌 Tip: A higher Risk Multiplier means wider stop-losses, useful for volatile markets.
3. Trend Confirmation (ADX Filter)
If trend filtering is enabled, buy/sell signals will only appear in strong trends.
ADX must be above 25 to confirm that the market is trending.
📌 Tip: Use this to avoid false signals in ranging markets.
4. Divergence Detection
Bullish Divergence (Blue Circle Below Candles): Indicates a potential reversal upwards.
Bearish Divergence (Orange Circle Above Candles): Indicates a potential downward reversal.
📌 Tip: Divergences provide early warnings before market reversals.
5. Heatmap Visualization
Green Background: Indicates a high-confidence buy zone.
Red Background: Indicates a high-confidence sell zone.
📌 Tip: Use heatmaps to spot high-conviction trades.
6. Fibonacci-Based Take Profit (Optional)
If enabled, the script will use Fibonacci extensions instead of fixed risk-reward levels.
📌 Tip: Fibonacci-based TP works well in trending markets.
7. Alerts (No Need to Stare at the Charts!)
Set alerts for BUY and SELL signals.
TradingView will notify you when a perfect trade setup appears.
📌 Tip: Enable alerts in TradingView settings.
Socials & Live Stream Promotion 🚀
If you love this indicator and want to see it in action, check out my live trading sessions and content here:
🎥 YouTube: www.YouTube.com
🎮 Kick: www.Kick.com
🎥 Twitch: twitch.tv
👀 Follow me for more trading insights, strategies, and live action!
Funny Trading Joke to Brighten Your Day 😆
💬 Trader: "I lost my whole account today!"💬 Friend: "What happened?!"💬 Trader: "Well... I kept seeing those green candles and thought they were money-growing trees. Turns out they were just market traps!"😂😂😂
🚀 Smash that FOLLOW button if this indicator helps your trading! Let’s dominate the markets together! 📈🔥
Three Candle Breakout Marker**Title: Three Candle Breakout Marker**
**Description:**
The **Three Candle Breakout Marker** is a powerful trading indicator designed for traders who want to identify significant price movements based on recent price action. This script marks candles that break above the highest high or below the lowest low of the previous three candles, providing clear visual signals for potential trading opportunities.
### Key Features:
- **Visual Indicators**: The indicator uses upward blue triangles to signify when a candle closes above the highest high of the last three candles, indicating a bullish breakout. Conversely, it uses downward orange triangles to mark when a candle closes below the lowest low of the last three candles, signaling a bearish breakout.
- **Customizable Alerts**: Traders can easily customize this indicator to suit their trading strategies by adjusting colors and sizes for better visibility on their charts.
- **Enhanced Chart Analysis**: With optional horizontal lines drawn at the breakout levels, traders can quickly assess key support and resistance areas, enhancing their decision-making process.
### How to Use:
1. **Add to Chart**: Simply add the indicator to your TradingView chart for any asset or timeframe you are analyzing.
2. **Identify Breakouts**: Look for blue triangles above candles for bullish breakout signals and orange triangles below candles for bearish breakout signals.
3. **Combine with Other Tools**: Use this indicator in conjunction with other technical analysis tools and indicators to confirm signals and improve your trading strategy.
### Conclusion:
The **Three Candle Breakout Marker** is an essential tool for traders looking to capitalize on momentum shifts in the market. By clearly marking breakout points, it helps traders make informed decisions and enhances their ability to react swiftly to changing market conditions.
Feel free to explore and customize this indicator to fit your trading style! Happy trading!
Candle Break Strategybuy when candle close above pervious high sell when price close below previous low
My strategy I made this pine script using tradesage it works well free to use and optimize if you like made from kittickds thank you
Squeeze Momentum + ADX Trading Latino By GastonGilSanchezGente este es una union entre dos indicadores para poder seguir la estrategia de trading latino con una version gratuita
Индикатор Райт h1Индикатор по стратегии Райт основанной на часовом графике и усовершенствованном подходе
Multi-Pair Analysis (XAU/USD & EUR/USD) By AurevanteMulti-Pair Analysis (XAU/USD & EUR/USD) By Aurevante
FVG DetectorA fairly flexible indicator for displaying imbalance zones. There are quite a few similar indicators, but none of them suit me, so I made my own.
Settings:
Minimum FVG size in % - Minimum imbalance size in percentage
Percentage of filling FVG - When the imbalance is filled by the specified percentage, the imbalance will be considered inactive
Show FVG - The number of FVG to be shown on the chart. If 0, all FVG are shown
FVG Long color - Color of FVG Long FVG
FVG Short color - Color of FVG Short FVG
FVG middle line - Setting the line that shows the middle of the imbalance
Filling 50% FVG - When filling the imbalance halfway, the line showing the middle of the imbalance changes type and color
When Candle Close - The rectangle showing the imbalance zone is removed only after the candle closes
History - Display all imbalance zones on history
Conclusion:
This indicator will be useful for those users who need to display imbalance zones, the middle of the imbalance, and also visually show that the price has covered half of the imbalance zone.
[RS]ZigZag Percent Reversal with Stochastic Strategyzigzag reversel stokokastik i baz alan bir indikator
