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Candlestick analysis

TCT OBIF Detector█ OVERVIEW The OBIF (Order Block Imbalance Fill) indicator automatically detects and visualizes high-probability trading zones by combining two powerful Smart Money Concepts: Order Blocks and Fair Value Gaps (FVGs). An OBIF occurs when an Order Block forms immediately before a Fair Value Gap, creating a zone of institutional interest that price often revisits before continuing its move. █ CONCEPTS Order Block (OB) An Order Block is the last opposing candle before a strong directional move. It represents an area where institutional traders likely placed orders. - Bullish OB: Last bearish candle before an up-move - Bearish OB: Last bullish candle before a down-move Fair Value Gap (FVG) An FVG is a price imbalance created when a candle's body completely gaps past the previous candle's range, leaving an unfilled area. - Bullish FVG: Gap up where candle .low > candle .high - Bearish FVG: Gap down where candle .high < candle .low OBIF Zone When an Order Block directly precedes an FVG, it creates an OBIF - a confluence zone with higher probability of acting as support/resistance. █ HOW TO USE 1. Identify the Trend Use OBIFs in the direction of the higher timeframe trend for best results. 2. Wait for Price to Return OBIFs act as magnets - price often returns to fill the imbalance and test the order block. 3. Look for Confirmation When price enters an OBIF zone, look for: - Rejection wicks - Engulfing patterns - Break of structure on lower timeframes 4. Mitigation Once price fully trades through the OBIF (touches the opposite edge), the zone is considered mitigated and loses its significance. █ FEATURES - Automatic Detection — Identifies OBIFs in real-time as they form - Visual Zones — Clean, non-intrusive boxes that don't obscure price action - Mitigation Tracking — Zones automatically update when price mitigates them - Multi-Timeframe Friendly — Works on any timeframe from 1m to Monthly - Customizable — Adjust colors, opacity, and display preferences █ SETTINGS - Lookback Window — How many candles back to search for the Order Block (default: 3) - Show Bullish/Bearish — Toggle visibility of each type - Show Mitigated — Display zones that have been mitigated (shown in gray) - Fill Opacity — Adjust zone transparency (higher = more see-through) - Border Width — Thickness of zone borders █ BEST PRACTICES ✓ Use on higher timeframes (1H+) for more reliable zones ✓ Combine with market structure analysis ✓ Look for OBIFs at key support/resistance levels ✓ Use lower timeframe confirmation for entries ✗ Don't trade every OBIF blindly ✗ Avoid OBIFs against the dominant trend █ CREDITS The Composite Trader (TCT) methodologies.
Pine Script® indicator
by safiullahmubashir08
Evergito HH/LL 3 Señales + ATR SL 2How to trade with the Evergito HH/LL 3 Signals + ATR SL indicator? Brief and direct explanation: General system logic: The indicator looks for actual breakouts of the high/low of the last 20 bars (HH/LL) and combines them with the position relative to the 200 SMA to filter the underlying trend. You have 3 types of signals that you can activate/deactivate separately: Signal When it appears What it means in practice Entry type V1 HH breakout + the close crosses above the 200 SMA (or the opposite in a short position) Very safe entry confirmed. The price has just validated the long/flat trend → safer and with a better ratio The most reliable (the original) V2 HH breakout but the price was already above the 200 SMA (or already below in a short position) Entry in an already established trend. Fewer “surprises”, more continuity Ideal for strong trends V3 Only the breakout of the HH or LL, without looking at the 200 SMA Aggressive entry/scalping on explosive breakouts. More signals, more noise. For times of high volatility. How to enter the market (simple rule): Wait for any of the 3 labels (V1, V2, or V3) to appear, depending on which ones you have activated. Enter at the close of that candle (or at the open of the next one if you are conservative). Automatic Stop Loss → the blue (long) or yellow (short) line that represents the ATR x2. Take Profit → you decide, but the indicator already gives you the visual reference for the risk (ATR x2), so 1:2 or 1:3 is usually very convenient. Practical example: You see a large green label “HH LONG V1” → you go long at the close of that candle. Stop right at the blue line (ATR x2 below the price). Typical target: 2x or 3x the risk (very common to reach it in a trend). Recommended use: Most traders leave only V1 activated → fewer signals but very high quality. Those who trade intraday or crypto usually combine V1 + V2. V3 only for news events or very volatile openings. In summary: Label = immediate entry Blue/yellow line = automatic stop And enjoy the move.
Pine Script® indicator
by myriamevintinneresusich_tracey
Evergito HH/LL 3 Señales + ATR SLHow to trade with the Evergito HH/LL 3 Signals + ATR SL indicator? Brief and direct explanation: General system logic: The indicator looks for actual breakouts of the high/low of the last 20 bars (HH/LL) and combines them with the position relative to the 200 SMA to filter the underlying trend. You have 3 types of signals that you can activate/deactivate separately: Signal When it appears What it means in practice Entry type V1 HH breakout + the close crosses above the 200 SMA (or the opposite in a short position) Very safe entry confirmed. The price has just validated the long/flat trend → safer and with a better ratio The most reliable (the original) V2 HH breakout but the price was already above the 200 SMA (or already below in a short position) Entry in an already established trend. Fewer “surprises”, more continuity Ideal for strong trends V3 Only the breakout of the HH or LL, without looking at the 200 SMA Aggressive entry/scalping on explosive breakouts. More signals, more noise. For times of high volatility. How to enter the market (simple rule): Wait for any of the 3 labels (V1, V2, or V3) to appear, depending on which ones you have activated. Enter at the close of that candle (or at the open of the next one if you are conservative). Automatic Stop Loss → the blue (long) or yellow (short) line that represents the ATR x2. Take Profit → you decide, but the indicator already gives you the visual reference for the risk (ATR x2), so 1:2 or 1:3 is usually very convenient. Practical example: You see a large green label “HH LONG V1” → you go long at the close of that candle. Stop right at the blue line (ATR x2 below the price). Typical target: 2x or 3x the risk (very common to reach it in a trend). Recommended use: Most traders leave only V1 activated → fewer signals but very high quality. Those who trade intraday or crypto usually combine V1 + V2. V3 only for news events or very volatile openings. In summary: Label = immediate entry Blue/yellow line = automatic stop And enjoy the move.
Pine Script® indicator
by myriamevintinneresusich_tracey
Day Range with OHLC LabelsThis indicator creates a synthetic daily candlestick that appears to the right of the chart, visually separated from real price bars. It helps traders quickly view each day’s High, Low, Open, and Close without zooming, scrolling, or switching to higher timeframes. What This Tool Does ✔ Draws a floating daily candle to the right of the current chart ✔ Displays the true Daily Open, High, Low, and Close ✔ Shows a center-aligned wick representing the full high-low range ✔ Shows a box-style candle body positioned using real OHLC values ✔ Labels the values (O, H, L, C) with large, clear fonts ✔ Automatically updates at each new day ✔ Works on any timeframe ✔ Helps intraday traders track daily structure visually Why This Indicator Is Useful This script is ideal for intraday traders who want instant awareness of the current day’s range. Instead of guessing or drawing manual lines, you get a clean daily candlestick rendered off to the right side, avoiding chart clutter. Great for: Range traders Breakout traders Liquidity zone analysis High/Low reference tracking Traders who prefer non-intrusive visuals Customization Adjustable offset: position the candle further right Configurable colors for wick + body Large-font labels for easy reading Automatically clears and redraws cleanly each day Summary This tool creates a clear, minimalistic, right-side daily candlestick complete with OHLC labels and centralized wick. It’s designed to improve chart clarity and support quick decision-making without blocking price candles.
Pine Script® indicator
by tradebro85
NEXFEL – Quantum Adaptive MACD System v2.0# NEXFEL – Quantum Adaptive MACD System v2.0 ## 📌 Overview The **NEXFEL – Quantum Adaptive MACD System v2.0** is an advanced, fully integrated decision-support tool built upon an enhanced adaptive MACD engine. Unlike traditional MACD implementations that rely on fixed parameters, this system uses **R² correlation** to dynamically adjust sensitivity based on current market behavior. This indicator **does not simply merge tools**; it unifies: - Adaptive MACD calculation - Multi-timeframe sentiment (1H + 4H) - Market regime detection - Volume confirmation - Confidence scoring (0–100%) - ATR stop-loss visualization - Session filtering - Daily trade limit control into a **single coherent trading framework**. This publication replaces my previous “Adaptive MACD Flow PRO”, as this version is a complete rewrite with new logic, improved structure, and expanded analytical capabilities. --- ## ⚙️ How It Works ### **1. Adaptive MACD Core (R²-Based)** The MACD sensitivity is adjusted using R² correlation: - High R² → smoother & more stable response - Low R² → more reactive & faster response This adaptation allows the oscillator to naturally adjust to different volatility environments. --- ### **2. Multi-Timeframe Sentiment** The system analyzes: - **1H EMAs (10/30)** - **4H EMAs (20/50)** A directional sentiment score is generated, allowing signals only when the local timeframe aligns with the higher timeframe structure. --- ### **3. Market Regime Detection** The indicator identifies whether the market is: - **TRENDING** - **RANGING** - **NEUTRAL** Signals are validated or filtered depending on the active regime. --- ### **4. Confidence Scoring System (0–100%)** The signal quality is measured by weighting: - Momentum - Volume confirmation - Market regime compatibility - Multi-timeframe alignment - Local trend direction - Short-term momentum Only **high-confidence** conditions produce the safest BUY/SELL signals. --- ### **5. ATR Stop-Loss Visualization** Dynamic stop levels are displayed using: - ATR × multiplier A visual reference for risk management without executing trades. --- ### **6. Daily Trade Limit Control** To prevent overtrading, the system tracks daily signals and restricts new ones once a limit is reached. --- ### **7. Multi-Language Interface** The panel can display: - **English** - **Portuguese** depending on user selection. (TradingView requires English as the primary language, which is why it appears first in this description.) --- ## 👤 Who This Script Is For - Traders seeking a more reliable and adaptive MACD - Scalpers who prefer high-confirmation entries - Swing traders analyzing market regimes - Users needing a clean, objective analytical panel --- ## ⚠️ Important This indicator does **not** execute trades and does not guarantee results. It is a **decision-support system**, not a trading bot. # 📝 Author’s Notes This version is a complete redesign of my previous indicator. All components were rebuilt, expanded, and optimized to offer a more structured and reliable trading system.
Pine Script® indicator
by FellGMS
Obsidian Flux Matrix# Obsidian Flux Matrix | JackOfAllTrades Made with my Senior Level AI Pine Script v6 coding bot for the community! Narrative Overview Obsidian Flux Matrix (OFM) is an open-source Pine Script v6 study that fuses social sentiment, higher timeframe trend bias, fair-value-gap detection, liquidity raids, VWAP gravitation, session profiling, and a diagnostic HUD. The layout keeps the obsidian palette so critical overlays stay readable without overwhelming a price chart. Purpose & Scope OFM focuses on actionable structure rather than marketing claims. It documents every driver that powers its confluence engine so reviewers understand what triggers each visual. Core Analytical Pillars 1. Social Pulse Engine Sentiment Webhook Feed: Accepts normalized scores (-1 to +1). Signals only arm when the EMA-smoothed value exceeds the `sentimentMin` input (0.35 by default). Volume Confirmation: Requires local volume > 30-bar average × `volSpikeMult` (default 2.0) before sentiment flags. EMA Cross Validation: Fast EMA 8 crossing above/below slow EMA 21 keeps momentum aligned with flow. Momentum Alignment: Multi-timeframe momentum composite must agree (positive for longs, negative for shorts). 2. Peer Momentum Heatmap Multi-Timeframe Blend: RSI + Stoch RSI fetched via request.security() on 1H/4H/1D by default. Composite Scoring: Each timeframe votes +1/-1/0; totals are clamped between -3 and +3. Intraday Readability: Configurable band thickness (1-5) so scalpers see context without losing space. Dynamic Opacity: Stronger agreement boosts column opacity for quick bias checks. 3. Trend & Displacement Framework Dual EMA Ribbon: Cyan/magenta ribbon highlights immediate posture. HTF Bias: A higher-timeframe EMA (default 55 on 4H) sets macro direction. Displacement Score: Body-to-ATR ratio (>1.4 default) detects impulses that seed FVGs or VWAP raids. ATR Normalization: All thresholds float with volatility so the study adapts to assets and regimes. 4. Intelligent Fair Value Gap (FVG) System Gap Detection: Three-candle logic (bullish: low > high ; bearish: high < low ) with ATR-sized minimums (0.15 × ATR default). Overlap Prevention: Price-range checks stop redundant boxes. Spacing Control: `fvgMinSpacing` (default 5) avoids stacking from the same impulse. Storage Caps: Max three FVGs per side unless the user widens the limit. Session Awareness: Kill zone filters keep taps focused on London/NY if desired. Auto Cleanup: Boxes delete when price closes beyond their invalidation level. 5. VWAP Magnet + Liquidity Raid Engine Session or Rolling VWAP: Toggle resets to match intraday or rolling preferences. Equal High/Low Scanner: Looks back 20 bars by default for liquidity pools. Displacement Filter: ATR multiplier ensures raids represent genuine liquidity sweeps. Mean Reversion Focus: Signals fire when price displaces back toward VWAP following a raid. 6. Session Range Breakout System Initial Balance Tracking: First N bars (15 default) define the session box. Breakout Logic: Requires simultaneous liquidity spikes, nearby FVG activity, and supportive momentum. Z-Score Volume Filter: >1.5σ by default to filter noisy moves. 7. Lifestyle Liquidity Scanner Volume Z-Scores: 50-bar baseline highlights statistically significant spikes. Smart Money Footprints: Bottom-of-chart squares color-code buy vs sell participation. Panel Memory: HUD logs the last five raid timestamps, direction, and normalized size. 8. Risk Matrix & Diagnostic HUD HUD Structure: Table in the top-right summarizes HTF bias, sentiment, momentum, range state, liquidity memory, and current risk references. Signal Tags: Aggregates SPS, FVG, VWAP, Range, and Liquidity states into a compact string. Risk Metrics: Swing-based stops (5-bar lookback) + ATR targets (1.5× default) keep risk transparent. Signal Families & Alerts Social Pulse (SPS): Volume-confirmed sentiment alignment; triangle markers with “SPS”. Kill-Zone FVG: Session + HTF alignment + FVG tap; arrow markers plus SL/TP labels. Local FVG: Captures local reversals when HTF bias has not flipped yet. VWAP Raid: Equal-high/low raids that snap toward VWAP; “VWAP” label markers. Range Breakout: Initial balance violations with liquidity and imbalance confirmation; circle markers. Liquidity Spike: Z-score spikes ≥ threshold; square markers along the baseline. Visual Design & Customization Theme Palette: Primary background RGB (12,6,24). Accent shading RGB (26,10,48). Long accents RGB (88,174,255). Short accents RGB (219,109,255). Stylized Candles: Optional overlay using theme colors. Signal Toggles: Independently enable markers, heatmap, and diagnostics. Label Spacing: Auto-spacing enforces ≥4-bar gaps to prevent text overlap. Customization & Workflow Notes Adjust ATR/FVG thresholds when volatility shifts. Re-anchor sentiment to your webhook cadence; EMA smoothing (default 5) dampens noise. Reposition the HUD by editing the `table.new` coordinates. Use multiples of the chart timeframe for HTF requests to minimize load. Session inputs accept exchange-local time; align them to your market. Performance & Compliance Pure Pine v6: Single-line statements, no `lookahead_on`. Resource Safe: Arrays trimmed, boxes limited, `request.security` cached. Repaint Awareness: Signals confirm on close; alerts mirror on-chart logic. Runtime Safety: Arrays/loops guard against `na`. Use Cases Measure when social sentiment aligns with structure. Plan ICT-style intraday rebalances around session-specific FVG taps. Fade VWAP raids when displacement shows exhaustion. Watch initial balance breaks backed by statistical volume. Keep risk/target references anchored in ATR logic. Signal Logic Snapshot Social Pulse Long/Short: `sentimentEMA` gated by `sentimentMin`, `volSpike`, EMA 8/21 cross, and `momoComposite` sign agreement. Keeps hype tied to structural follow-through. Kill-Zone FVG Long/Short: Requires session filter, HTF EMA bias alignment, and an active FVG tap (`bullFvgTap` / `bearFvgTap`). Labels include swing stops + ATR targets pulled from `swingLookback` and `liqTargetMultiple`. Local FVG Long/Short: Uses `localBullish` / `localBearish` heuristics (EMA slope, displacement, sequential closes) to surface intraday reversals even when HTF bias has not flipped. VWAP Raids: Detect equal-high/equal-low sweeps (`raidHigh`, `raidLow`) that revert toward `sessionVwap` or rolling VWAP when displacement exceeds `vwapAlertDisplace`. Range Breakouts: Combine `rangeComplete`, breakout confirmation, liquidity spikes, and nearby FVG activity for statistically backed initial balance breaks. Liquidity Spikes: Volume Z-score > `zScoreThreshold` logs direction, size, and timestamp for the HUD and optional review workflows. Session Logic & VWAP Handling Kill zone + NY session inputs use TradingView’s session strings; `f_inSession()` drives both visual shading and whether FVG taps are tradeable when `killZoneOnly` is true. Session VWAP resets using cumulative price × volume sums that restart when the daily timestamp changes; rolling VWAP falls back to `ta.vwap(hlc3)` for instruments where daily resets are less relevant. Initial balance box (`rangeBars` input) locks once complete, extends forward, and stays on chart to contextualize later liquidity raids or breakouts. Parameter Reference Trend: `emaFastLen`, `emaSlowLen`, `htfResolution`, `htfEmaLen`, `showEmaRibbon`, `showHtfBiasLine`. Momentum: `tf1`, `tf2`, `tf3`, `rsiLen`, `stochLen`, `stochSmooth`, `heatmapHeight`. Volume/Liquidity: `volLookback`, `volSpikeMult`, `zScoreLen`, `zScoreThreshold`, `equalLookback`. VWAP & Sessions: `vwapMode`, `showVwapLine`, `vwapAlertDisplace`, `killSession`, `nySession`, `showSessionShade`, `rangeBars`. FVG/Risk: `fvgMinTicks`, `fvgLookback`, `fvgMinSpacing`, `killZoneOnly`, `liqTargetMultiple`, `swingLookback`. Visualization Toggles: `showSignalMarkers`, `showHeatmapBand`, `showInfoPanel`, `showStylizedCandles`. Workflow Recipes Kill-Zone Continuation: During the defined kill session, look for `killFvgLong` or `killFvgShort` arrows that line up with `sentimentValid` and positive `momoComposite`. Use the HUD’s risk readout to confirm SL/TP distances before entering. VWAP Raid Fade: Outside kill zone, track `raidToVwapLong/Short`. Confirm the candle body exceeds the displacement multiplier, and price crosses back toward VWAP before considering reversions. Range Break Monitor: After the initial balance locks, mark `rangeBreakLong/Short` circles only when the momentum band is >0 or <0 respectively and a fresh FVG box sits near price. Liquidity Spike Review: When the HUD shows “Liquidity” timestamps, hover the plotted squares at chart bottom to see whether spikes were buy/sell oriented and if local FVGs formed immediately after. Metadata Author: officialjackofalltrades Platform: TradingView (Pine Script v6) Category: Sentiment + Liquidity Intelligence Hope you Enjoy!
Pine Script® indicator
by officialjackofalltrades
Scalp Boost LONG✦ Overview Scalp Boost LONG is a visual tool designed to highlight potential short-term upward impulses. A signal is generated only when multiple market conditions align at the candle close, combining momentum dynamics, local probability shifts, and abnormal volume behavior. The indicator does not repaint. ✦ Concept The tool focuses on selective situations where the market shows signs of micro-breakout potential. If all internal conditions are confirmed — a LONG event is displayed. If not — the chart remains clean. This builds a low-noise signal model, prioritizing quality over frequency. ✦ Signal Logic The LONG signal requires confirmation of all core conditions: • Local impulse dynamics Identifies short-term acceleration suggesting a breakout from a compressed price structure. • Probability beyond a statistical zone Uses relative breakout probability instead of fixed levels, checking whether price exceeds expected local ranges. • Abnormal volume activity Highlights candles with monetary flow above a custom threshold, signaling increased market interest. • Anti-overheat filter Conditions avoiding exhausted or low-momentum phases where continuation is less likely. Only when all filters are aligned a LONG marker appears. ✦ Visual Structure The chart display is intentionally minimal: • ROC Curve Subdued line, showing short-term momentum without distraction. • LONG Marker Green triangle below the candle on confirmed events. • Candle Highlight Soft background highlight on the signal bar. • Volume Marker Small red dot at the bottom of candles with abnormal monetary flow. All visual elements appear only on candle close. ✦ Alerts A clean event structure is available for notifications: LONG Signal This allows receiving alerts during chart analysis or in automated workflows while keeping full control over decision-making. ✦ Notes & Guidelines This tool: is not a trading system, does not provide targets or stops, may trigger against the dominant trend, should be combined with the user’s own methodology. Signals are rare by design. Do not interpret each event as a trend continuation — it highlights conditions, not outcomes. ✦ Suggested Use -(Non-mandatory ideas for advanced users) -identifying potential micro-breakouts, -timing entries around volume spikes, -adding context to scalping models, -filtering impulsive moves from noise. -suitable for a 5-minute timeframe The indicator can be helpful as a confirmation layer, not a standalone decision tool.
Pine Script® indicator
by Zdorman
Мой скриптinputs: window(1), type(0), // 0: close, 1: high low, 2: fractals up down, 3: new fractals persistent(False), exittype(1), nbars(160), adxthres(40), nstop(3000); vars: currentSwingLow(0), currentSwingHigh(0), trailStructureValid(false), downFractal(0), upFractal(0), breakStructureHigh(0), breakStructureLow(0), BoS_H(0), BoS_L(0), Regime(0), Last_BoS_L(0), Last_BoS_H(0), PeakfilterX(false); BoS(window,persistent,type,Bos_H,BoS_L,upFractal,downFractal,breakStructureHigh,breakStructureLow); //BOS Regime If BoS_H <> 0 then begin Regime = 1; // Bullish Last_BoS_H = BoS_H ; end; If BoS_L <> 0 Then begin Regime = -1; // Bearish Last_BoS_L = BoS_L ; end; //Entry Logic: if we are in BoS regime then wait for break swing to entry if ADX(5) of data2 < adxthres then begin if time>900 and Regime = 1 and EntriesToday(date)= 0 and Last_BoS_H upFractal then buy next bar at market; end; if time>900 and EntriesToday(date)= 0 and Regime = -1 and Last_BoS_L>downFractal then begin if close < downFractal then sellshort next bar at market; end; end; // Exits: nbars or stoploss or at the end of the day if marketposition <> 0 and barssinceentry >nbars then begin sell next bar at market; buytocover next bar at market; end; setstoploss(nstop); setexitonclose;
Pine Script® indicator
by volodimir18041
ICT Asian & London Range + First Presented FVGIndicator: ICT Sessions + First Presented FVG What it does: This tool automates the markup of key ICT (Inner Circle Trader) timeframes and entry signals. It allows you to trade on higher timeframes (like the 5m or 15m) while the script automatically "looks inside" the 1-minute chart to find specific setups for you. Key Features: Session Ranges (Asian & London) Automatically highlights the Asian Session (8 PM - Midnight NY) and London Open (2 AM - 5 AM NY). Draws a shaded box for the session's High and Low. New: Extends the High and Low lines to 4:00 PM NY (end of the trading day) so you can use them as liquidity targets. The "First Presented" FVG (Sniper Logic) It detects the very first Fair Value Gap (FVG) that forms on the 1-minute chart immediately after a session starts. It draws this 1-minute gap on your current chart, regardless of what timeframe you are viewing. The FVG box automatically extends to the end of the trading day (4 PM NY), showing you where price might return to "mitigate" or react later in the day.
Pine Script® indicator
by DropkingICT
Key Support and ResistanceKEY SUPPORT AND RESISTANCE - USER GUIDE ======================================== OVERVIEW This indicator automatically identifies and displays key support and resistance levels based on swing highs and swing lows. It uses pivot point detection to mark significant price levels where the market has previously shown reactions, helping traders identify potential entry/exit points and key decision zones. KEY FEATURES • Automatic Level Detection: Identifies swing highs (resistance) and swing lows (support) using pivot point analysis • Dynamic Line Management: Displays only recent levels within a specified lookback period to keep charts clean • Auto-Extending Lines: Projects support/resistance levels forward to anticipate future price interactions • Color-Coded Levels: Red lines for resistance, green lines for support for easy visual identification ======================================== PARAMETERS ======================================== Left Bars (Default: 10) • Minimum: 5 bars • Number of bars to the left of the pivot point • Higher values = more significant levels but fewer signals • Lower values = more sensitive detection but may include minor swings Right Bars (Default: 10) • Minimum: 5 bars • Number of bars to the right of the pivot point • Must be confirmed by price action before the level is drawn • Balances between confirmation delay and signal accuracy Show Last N Bars (Default: 200) • Minimum: 10 bars • Only displays support/resistance levels detected within the most recent N bars • Keeps your chart clean by removing outdated levels • Adjust based on your trading timeframe and style Line Extension Length (Default: 48) • Minimum: 1 bar • How many bars forward the support/resistance lines extend • Helps visualize potential future price interactions • Longer extensions useful for swing trading, shorter for day trading ======================================== HOW TO USE ======================================== FOR SWING TRADERS 1. Use default settings (10/10) or increase to 15/15 for more significant levels 2. Set "Show Last N Bars" to 300-500 to capture longer-term levels 3. Look for price reactions when approaching these levels 4. Combine with volume analysis for confirmation FOR DAY TRADERS 1. Consider reducing Left/Right Bars to 7-8 for more frequent signals 2. Set "Show Last N Bars" to 100-150 to focus on recent action 3. Reduce "Line Extension Length" to 20-30 bars 4. Watch for intraday bounces or breakouts at these levels TRADING STRATEGIES Bounce Trading (Mean Reversion) • Enter long when price approaches green support lines • Enter short when price approaches red resistance lines • Use stop loss just beyond the support/resistance level • Best in ranging or consolidating markets Breakout Trading (Trend Following) • Wait for price to break through resistance (bullish) or support (bearish) • Confirm with increased volume • Previous resistance becomes new support (and vice versa) • Best in trending markets Multi-Timeframe Analysis • Check higher timeframe levels for major support/resistance zones • Use lower timeframe levels for precise entry/exit timing • Confluence of multiple timeframe levels creates strong zones ======================================== IMPORTANT NOTES ======================================== Line Confirmation Delay • Lines appear with a delay equal to "Right Bars" parameter • This delay ensures the pivot point is confirmed • Real-time level detection requires price action confirmation Chart Clarity • Maximum 500 lines can be displayed (TradingView limitation) • Adjust "Show Last N Bars" if chart becomes too cluttered • Old lines automatically delete when outside the lookback period False Signals • Not all support/resistance levels will hold • Use additional confirmation (volume, candlestick patterns, other indicators) • Markets can break through levels, especially during high-impact news BEST PRACTICES 1. Combine with Other Analysis: Use alongside trend indicators, volume, and price action patterns 2. Context Matters: Consider overall market trend and structure 3. Risk Management: Always use stop losses; don't rely solely on S/R levels 4. Market Conditions: More effective in liquid, actively traded markets 5. Backtesting: Test settings on your specific instrument and timeframe before live trading TROUBLESHOOTING Too Many Lines? • Increase "Left Bars" and "Right Bars" values • Decrease "Show Last N Bars" value Too Few Lines? • Decrease "Left Bars" and "Right Bars" values • Increase "Show Last N Bars" value Lines Not Appearing? • Ensure sufficient price data is loaded on your chart • Check that "Right Bars" have passed since the last swing point • Verify indicator is properly loaded (refresh if needed) TECHNICAL DETAILS • Uses ta.pivothigh() and ta.pivotlow() functions for level detection • Implements array-based line management for efficient rendering • Automatic cleanup of outdated lines to maintain performance • Overlay indicator - displays directly on price chart Disclaimer: This indicator is for educational and informational purposes only. It does not constitute financial advice. Always conduct your own research and risk assessment before making trading decisions. ======================================== 中文使用指南 ======================================== 概述 本指標自動識別並顯示基於波段高點和低點的關鍵支撐阻力位。使用樞軸點檢測標記市場先前反應的重要價格水平，幫助交易者識別潛在的進出場點和關鍵決策區域。 主要功能 • 自動水平檢測：使用樞軸點分析識別波段高點（阻力）和波段低點（支撐） • 動態線條管理：僅顯示指定回看期內的近期水平，保持圖表清晰 • 自動延伸線條：將支撐阻力水平向前投影，預測未來價格互動 • 顏色編碼：紅線表示阻力，綠線表示支撐，便於視覺識別 ======================================== 參數說明 ======================================== 左側K棒數（預設：10） • 最小值：5根K棒 • 樞軸點左側的K棒數量 • 數值越高 = 水平越重要但訊號越少 • 數值越低 = 檢測更敏感但可能包含次要波動 右側K棒數（預設：10） • 最小值：5根K棒 • 樞軸點右側的K棒數量 • 必須經過價格行為確認後才繪製水平 • 在確認延遲和訊號準確性之間取得平衡 顯示最近N根K棒內的點（預設：200） • 最小值：10根K棒 • 僅顯示最近N根K棒內檢測到的支撐阻力水平 • 透過移除過時水平保持圖表清晰 • 根據您的交易時間框架和風格調整 線條延伸長度（預設：48） • 最小值：1根K棒 • 支撐阻力線向前延伸的K棒數 • 幫助視覺化潛在的未來價格互動 • 較長延伸適合波段交易，較短適合當沖交易 ======================================== 使用方法 ======================================== 波段交易者 1. 使用預設設定（10/10）或增加至15/15以獲得更重要的水平 2. 將「顯示最近N根K棒」設為300-500以捕捉長期水平 3. 觀察價格接近這些水平時的反應 4. 結合成交量分析進行確認 當沖交易者 1. 考慮將左右側K棒減少至7-8以獲得更頻繁的訊號 2. 將「顯示最近N根K棒」設為100-150以專注於近期行情 3. 將「線條延伸長度」減少至20-30根K棒 4. 觀察日內在這些水平的反彈或突破 交易策略 反彈交易（均值回歸） • 當價格接近綠色支撐線時做多 • 當價格接近紅色阻力線時做空 • 在支撐阻力水平之外設置止損 • 在區間或盤整市場中效果最佳 突破交易（趨勢跟隨） • 等待價格突破阻力（看漲）或支撐（看跌） • 以增加的成交量確認 • 先前的阻力成為新的支撐（反之亦然） • 在趨勢市場中效果最佳 多時間框架分析 • 檢查更高時間框架的主要支撐阻力區域 • 使用較低時間框架進行精確的進出場時機 • 多個時間框架水平的匯合創造強大區域 ======================================== 重要注意事項 ======================================== 線條確認延遲 • 線條出現時會有等於「右側K棒數」參數的延遲 • 此延遲確保樞軸點被確認 • 實時水平檢測需要價格行為確認 圖表清晰度 • 最多可顯示500條線（TradingView限制） • 如果圖表變得太雜亂，請調整「顯示最近N根K棒」 • 超出回看期的舊線會自動刪除 假訊號 • 並非所有支撐阻力水平都會守住 • 使用額外確認（成交量、K棒型態、其他指標） • 市場可能突破水平，特別是在重大新聞期間 最佳實踐 1. 結合其他分析：與趨勢指標、成交量和價格行為型態一起使用 2. 背景很重要：考慮整體市場趨勢和結構 3. 風險管理：始終使用止損；不要僅依賴支撐阻力水平 4. 市場條件：在流動性高、活躍交易的市場中更有效 5. 回測：在實盤交易前，在您的特定商品和時間框架上測試設定 故障排除 線條太多？ • 增加「左側K棒數」和「右側K棒數」數值 • 減少「顯示最近N根K棒」數值 線條太少？ • 減少「左側K棒數」和「右側K棒數」數值 • 增加「顯示最近N根K棒」數值 線條未出現？ • 確保圖表上載入了足夠的價格數據 • 檢查自上次波動點以來是否已過「右側K棒數」 • 驗證指標是否正確載入（如需要請刷新） 技術細節 • 使用 ta.pivothigh() 和 ta.pivotlow() 函數進行水平檢測 • 實施基於陣列的線條管理以實現高效渲染 • 自動清理過時線條以保持性能 • 疊加指標 - 直接顯示在價格圖表上 免責聲明：本指標僅供教育和資訊目的。不構成財務建議。在做出交易決策前，請務必進行自己的研究和風險評估。
Pine Script® indicator
by ssun_6
Smart Money Concepts by Rakesh Sharma🎯 SMART MONEY CONCEPTS - TRADE WITH INSTITUTIONS Reveal where banks, hedge funds, and institutional traders enter the market. Trade alongside smart money, not against them! ✨ FEATURES: - Order Blocks (OB) - Institutional buying/selling zones - Fair Value Gaps (FVG) - Market inefficiencies to exploit - Break of Structure (BOS) - Trend continuation signals - Change of Character (ChoCh) - Early reversal detection - Liquidity Sweeps - Stop hunt identification - Premium/Discount Zones - Buy cheap, sell expensive - Live Dashboard - Real-time market structure 🎯 HOW TO USE: ✓ BUY in Discount Zone at Bullish Order Blocks ✓ SELL in Premium Zone at Bearish Order Blocks ✓ Wait for ChoCh or BOS confirmation ✓ Follow institutional footprints for high-probability setups 📊 PERFECT FOR: All markets - Nifty, Bank Nifty, Stocks, Forex, Crypto All timeframes - 5m (scalping), 15m (intraday), Daily (swing) ⚡ TRADING EDGE: Stop trading like retail. Start trading like institutions. See where smart money accumulates and distributes. Catch reversals early with ChoCh signals. Created by: Rakesh Sharma | Version 1.0
Pine Script® indicator
by rabin97
CISD**CISD – Continuous Implied Structure Displacement (Body-Based Version)** CISD displays structure levels derived from a simple sequence: 1. A valid pullback (based on body closes only) 2. Followed by a displacement (a body-based break in the opposite direction) When these two conditions occur, the script prints a CISD level at the pullback’s reference price. Each CISD level extends forward until price closes through it using body logic only. --- ### How this version works **1. Pullback Detection (Body-Only)** A pullback is recognized when a candle’s body meaningfully retraces the previous candle’s body. Tiny candles are filtered out, reducing noise and improving level quality. **2. CISD Formation** After a valid pullback, if price breaks structure in the opposite direction using body highs/lows only: - A **Bullish CISD** level is created from a bearish pullback - A **Bearish CISD** level is created from a bullish pullback **3. CISD Completion** When a CISD level is violated by a full body close beyond the level, the CISD is marked completed and a new opposite CISD becomes eligible. **4. Visual Output** - Clean horizontal CISD levels - Single active level per direction (unless extended manually) - Labels marked “CISD” for clarity --- ### What this indicator is *not* This tool does **not** generate trade signals or provide financial advice. It is a visual mechanism for observing how price reacts to pullback-based structural shifts using body logic only. --- ### Intended Use CISD can help users: - Track transitions in short-term structure - Identify when pullbacks lead to meaningful displacement - Observe reaction points derived strictly from body behavior (ignoring wicks) The logic is minimalistic and designed for clean, uncluttered structure observation.
Pine Script® indicator
by elhayekpaul2000
5min ORB - HenryJ5min ORB, for ICT trading Strategy Implementation: The main goal is to identify and visually mark the trading range established during the first 5 minutes of the regular trading session. Time Definition: It measures the Highest High and Lowest Low recorded from the session open (minute 0) up to the close of the 5th minute. Visual Marking: It draws two distinct horizontal line segments on the chart: One line marks the High of the 5-minute Opening Range. One line marks the Low of the 5-minute Opening Range. Drawing Window: The lines are intentionally drawn starting from the 6th minute (after the range is fully established) and extend up to the 60th minute of the trading session. This ensures the lines are available to guide trades for the first hour after the opening volatility subsides. Labeling: It includes a "5min ORB" text label placed near the high line, clearly identifying the range. BY Henry J
Pine Script® indicator
by huangfeij