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Candlestick analysis

Trading Range Detector - [GonzaCam]Strict Market Structure This indicator provides a highly disciplined approach to identifying Market Structure, Swing Points, and Trading Ranges. Unlike standard fractal indicators that simply look for high/low wicks, this script enforces a "Strict" set of rules combining Fractal Geometry, Candle Color, and Close Prices to filter out noise and identify high-probability structure levels. It is designed for traders who need precise structural mapping (BOS) and want to avoid the "fake-outs" common with standard swing indicators. Key Features Strict Swing Detection : A 3-candle pattern is only valid if it meets three specific criteria: Wick Fractal: The middle candle has the highest high (for Swing Highs) or lowest low (for Swing Lows). Close Price Fractal: The Body (Close) of the middle candle must also be the highest/lowest of the pattern, preventing weak "wick-only" pivots. Color Logic: Enforces specific color flows (e.g., Green → Red for tops) to ensure momentum has actually shifted. Smart Range Tracking: Active Range: Shows the current trading range (Top and Bottom) with thick, solid lines. Historical Structure: Automatically archives broken levels as thin, dashed lines, creating a clean history of market structure. "True Peak" Logic: When a Break of Structure (BOS) occurs, the script enters a "Seeking" phase. It intelligently tracks the Highest High (in a bearish break) or Lowest Low (in a bullish break) to ensure the new range is drawn from the true pivot, not just the first confirmed swing. How It Works 1. Swing High Definition A valid Swing High is confirmed when a 3-candle cluster appears with: Middle Candle: Green Body. Right Candle: Red Body. Geometry: Middle Wick High > Left & Right Wicks AND Middle Close > Left & Right Closes. Confirmation: Price must subsequently close below the low of the middle candle. 2. Swing Low Definition A valid Swing Low is confirmed when a 3-candle cluster appears with: Middle Candle: Red Body. Right Candle: Green Body. Geometry: Middle Wick Low < Left & Right Wicks AND Middle Close < Left & Right Closes. Confirmation: Price must subsequently close above the high of the middle candle. 3. Range & BOS Logic Break of Structure (BOS): Triggered when a candle closes outside the current Range Top or Bottom. Seeking Phase: After a BOS, the script waits for a new opposing swing to form. Example: If the market breaks UP (Bullish BOS), the script searches for the next confirmed Swing High. Optimization: While seeking, it continuously updates to the Highest High reached, ensuring the Range Top is set at the absolute peak of the move. Settings & Customization Current Range Style: Customize the Color, Width, and Style (Solid/Dotted) of the active range lines. Historical Swings Style: Customize the appearance of past structure levels to distinguish them from active price action. Disclaimer. This tool is for informational purposes only and does not constitute financial advice. Trading involves risk. Always use proper risk management
Pine Script® indicator
by madsurfer
MSS 15m - R.AlvaradoMSS 15m – R.Alvarado is a minimalist Market Structure Shift indicator designed to highlight real changes in market structure on the 15-minute timeframe. The indicator plots a single horizontal line and label when a valid Market Structure Shift occurs, marking the exact price level where structure changes from bullish to bearish or vice versa. Only one MSS is displayed at a time and it remains anchored on the chart until a new structure shift appears. This tool is intended for discretionary traders who already work with higher-timeframe bias, key levels, and liquidity concepts. It does not generate trade entries by itself, but provides clear structural context to support decision-making after liquidity events and during CRT analysis. Best used in combination with higher-timeframe bias and key levels, especially when refining executions on lower timeframes.
Pine Script® indicator
by RaizaAlvarado
SWING ATR BasedWhat does this indicator do? 1. It identifies Market Swings The script monitors price action to detect when a trend changes direction. It uses ATR (Average True Range) to measure volatility, ensuring it doesn't get tricked by small, insignificant price movements. To validate a change in direction (from bullish to bearish, or vice versa), it waits for the price to cover a specific distance (defined by the kRange parameter) and requires at least two significant candles. 2. It plots Support and Resistance zones As soon as a new high or low point is confirmed: In Green (Bull): It draws a support line at the level of the last low. In Red (Bear): It draws a resistance line at the level of the last high. Auto-Cleaning: If the price breaks through a support line, the line turns gray and stops. The script only keeps active (unbroken) levels on the screen. 3. It calculates an "SGE Score" (Market State) This is the "brain" of the script. It assigns a rating to the current trend: +2 (Bullish): The price has broken a resistance. -2 (Bearish): The price has broken a support. 0 (Neutral): The market is indecisive (for example, after a break that contradicts the previous one). Key Feature: This score has a "one-candle delay." It waits for the next candle to close before confirming a score change, which helps avoid reacting too quickly to false alerts. 4. It simplifies visual reading To keep your chart clean and readable: It only highlights the 3 levels closest to the current price (those most likely to be hit soon). It colors the chart candles directly: Green if the score is +2, Red if the score is -2, and Gray if it is neutral. 5. Dashboard In the top-right corner of your screen, it displays a permanent summary: The current score (-2, 0, or 2). The number of active supports and resistances. Summary: This is a "smart" trend detector. Instead of just looking at whether the price is going up or down, it waits for the price to break important structural levels (confirmed by volatility) to tell you: "Caution, the structure has just shifted from bullish to bearish." Recommended Settings: kRange: 1.3 / 1.4 ATR Mult: 0.3 to 0.5 Script created with Claude AI.
Pine Script® indicator
by maximesuty3
Smart CRTSmart CRT is an advanced ICT trading indicator designed to identify high-probability Candle Range Theory (CRT) setups with precision. It automatically detects bullish and bearish CRT patterns, plots key CRT high and low levels, and provides real-time alerts to help traders act with confidence. This indicator includes a built-in multi-pair CRT scanner, allowing traders to monitor up to 20 symbols simultaneously on the current timeframe, including Forex majors, cross pairs, metals (XAUUSD, XAGUSD), and DXY. This makes Smart CRT ideal for traders who want fast top-down market analysis and efficient setup selection. Smart CRT also detects and displays Fair Value Gaps (FVGs), highlighting institutional price imbalances and equilibrium levels that align with ICT and Smart Money Concepts (SMC). Only the most recent FVGs are kept on the chart to maintain clarity and reduce noise. For execution and timing precision, the indicator offers optional New York session timing lines, commonly known as the 1-5-9 candle model, fully customizable by hour, color, and style. These session markers help traders align entries with key intraday liquidity windows. Smart CRT is best used alongside market structure, liquidity sweeps, PD arrays, and higher-timeframe bias, making it a powerful decision-support tool for ICT traders, price-action traders, and intraday scalpers. 𝐊𝐞𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 → ICT Candle Range Theory (CRT) detection → Bullish & bearish CRT confirmation → Automatic CRT high & low levels → Multi-symbol CRT scanner (up to 20 markets) → Fair Value Gap (FVG) detection with equilibrium → New York session timing lines (1-5-9 model) → Real-time alerts → Works on all timeframes 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫 This indicator is for educational and analytical purposes only. It does not provide financial advice. Always apply proper risk management and confirm setups with your trading plan.
Pine Script® indicator
by The_Hidden_FT
Extreme Panic Reversal Indicator V1 極限恐慌逆勢指標 Extreme Panic Reversal Indicator 指標簡介 Overview 極限恐慌逆勢指標是一款專為短線交易者設計的技術分析工具，透過多維度市場數據分析,捕捉價格極端波動後的反轉機會 Extreme Panic Reversal Indicator is a technical analysis tool designed for short-term traders, capturing reversal opportunities after extreme price movements through multi-dimensional market data analysis. 智能訊號系統 Intelligent Signal System 三段式訊號模式 嚴格模式,標準模式,激進模式 Three Signal Modes Strict Mode, Standard Mode, Aggressive Mode 根據個人風險偏好選擇適合的交易策略 Choose the trading strategy that fits your risk preference 視覺化設計 Visual Design 即時訊號標記:紅色賣出、綠色買入，一目了然 Real time Signal Markers: Red for sell, green for buy crystal clear 即時警報功能 Real time Alert System 支援 TradingView 內建警報系統 Supports TradingView built in alert system 訊號出現即時通知,不錯過任何交易機會 Instant notifications when signals appear never miss a trading opportunity 使用參數 Parameters 訊號模式 Signal Mode 範圍 Range:3 to 10 預設值 Default:5 數值越小:反應越快，訊號越多假訊號風險較高 Lower values:Faster response, more signals (higher false signal risk) 數值越大：反應較慢，訊號較穩定 Higher values: Slower response, more stable signals 建議:初學者保持預設值 5 Recommendation: Beginners should keep default value at 5 使用方式 How to Use 買入訊號 Buy Signal 當圖表下方出現綠色買標記時: When a green Buy label appears at the bottom: 價格處於極度超賣狀態 Price is in extreme oversold condition 市場恐慌情緒達到峰值 Market panic sentiment reaches peak 具備反彈回升潛力 Potential for bounce and recovery 建議操作 Suggested Action：考慮建立多單 Consider entering long position 賣出訊號 Sell Signal 當圖表上方出現紅色賣標記時: When a red Sell label appears at the top: 價格處於極度超買狀態 Price is in extreme overbought condition 市場狂熱情緒達到高點 Market euphoria reaches peak 具備回落修正風險 Risk of pullback and correction 建議操作 Suggested Action: 考慮建立空單或平倉 Consider entering short position or taking profit 風險提示 Risk Warning 重要提醒 Important Reminders 本指標不構成投資建議 This indicator does NOT constitute investment advice 任何技術指標都有失效可能，請務必: Any technical indicator can fail. Always: 結合其他分析工具確認訊號 Combine with other analysis tools to confirm signals 設定停損停利點位 Set stop loss and take profit levels 控制倉位大小與風險 Control position size and risk 避免在重大消息發布時盲目交易 Avoid blind trading during major news releases 使用建議 Usage Tips 最佳應用場景 Best Application Scenarios 1分鐘5分鐘短線交易 1 minute, 5 minute short term trading 波動性較高的加密貨幣市場 High volatility cryptocurrency markets 期貨、外匯等槓桿交易 Futures,forex and other leveraged trading 進階技巧 Advanced Tips 觀察背景色變化:背景色出現時代表市場能量累積 Watch background color changes: Indicates market energy accumulation 注意價格位置:價格突破通道時優先關注訊號品質 Pay attention to price position: Prioritize signal quality when price breaks channel 搭配成交量分析:大量配合訊號可提高成功率 Combine with volume analysis: High volume with signals increases success rate 免責聲明 Disclaimer 本指標僅供教育與研究用途。交易涉及重大風險,過往績效不代表未來表現.使用者應自行承擔所有交易決策的責任與風險. This indicator is for educational and research purposes only. Trading involves significant risk, and past performance does not guarantee future results. Users are solely responsible for all trading decisions and associated risks.
Pine Script® indicator
by jacky168168
Scalping 4H Range + 50% This strategy is designed to capture high-probability reversals by exploiting "fakeouts" and liquidity sweeps that occur after the market's initial opening range. How it Works: The Range: The indicator automatically defines the High and Low of the first 4 hours of the trading session (typically the Asian/London overlap or New York Open). The Setup: Instead of chasing breakouts, this strategy waits for a Failure to Break. It monitors for price to break out of the 4-hour range and then immediately close back inside. The Signal: BUY Signal: Price breaks below the Range Low (sweeping liquidity) but closes back inside the range. SELL Signal: Price breaks above the Range High (sweeping liquidity) but closes back inside the range. Trade Management: Target: Trades target the opposing side of the range (e.g., a Buy at the Low targets the Range High). Stop Loss: Placed at the extreme wick of the fakeout move to ensure a tight risk profile. Equilibrium: A 50% Mid-Range line is provided to help secure partial profits or adjust stops to Breakeven. How to Use This Indicator 1. Chart Setup Timeframe: This strategy is optimized for the 5-Minute (M5) timeframe. Asset Class: Works best on volatile pairs (Indices like US30/NAS100, or major Forex pairs like EURUSD/GBPUSD) where liquidity sweeps are common. 2. Session Configuration Go to the indicator settings. Session Input: Define the first 4 hours of your trading day (e.g., 0000-0400 for the New York midnight open or 0800-1200 for the London Open). Note: The indicator automatically highlights this background in blue. No trades are taken during this formation phase. 3. Understanding the Visuals Red Line: Range High (Resistance). Green Line: Range Low (Support). Grey Dotted Line: Mid-Range (50% Equilibrium). 4. Trading Rules The strategy does not trade breakouts; it trades false breakouts (fakeouts). BUY Signal: Price breaks below the Green Line. Candle closes back above the Green Line. Entry: On the close of the signal candle. Stop Loss: Below the lowest wick of the breakout move. Take Profit: Target the Red Line (Range High). SELL Signal: Price breaks above the Red Line. Candle closes back below the Red Line. Entry: On the close of the signal candle. Stop Loss: Above the highest wick of the breakout move. Take Profit: Target the Green Line (Range Low). 5. Management (Mid-Range) When price hits the Grey Dotted Line (50%), it is recommended to move your Stop Loss to Breakeven or take partial profits. Disclaimer: Trading involves a high risk of financial loss. This tool is provided for educational purposes only and does not constitute investment advice. Use of this tool is at your own risk. Pirate Pips ™ is not responsible for any losses incurred.
Pine Script® indicator
by toutounne325
Bar Count & EMABar Count & EMA Indicator A clean and lightweight indicator designed for intraday price action traders. Features: 1. Bar Count Displays bar numbers only on 3-minute and 5-minute timeframes Works during Regular Trading Hours (RTH) only Shows bar 1 and multiples of 3 (3, 6, 9, 12, 15...) Color-coded for key bars: Bar 18 & 48 (Red), Bar 6 (Light Green), Multiples of 12 (Sky Blue), Others (Gray) 2. EMA 20 Simple 20-period Exponential Moving Average Customizable source, length, offset, and color Why these specific timeframes? 5-Minute Chart (US Markets): Bar 6, 12, 18, 24... represent 30-min, 1-hour, 1.5-hour intervals Bar 18 and 48 often mark significant intraday turning points Best for: ES, NQ, SPY, QQQ 3-Minute Chart (China A-Share Markets): Bar 10, 20, 30... represent 30-min, 1-hour, 1.5-hour intervals Designed for CSI 1000 Index Futures (IM) and other China futures Helps track the 4-hour trading session rhythm (9:30-11:30, 13:00-15:00) Why Bar Count Matters: Tracking bar numbers helps traders identify market rhythm, timing cycles, and potential reversal zones throughout the trading session.
Pine Script® indicator
by JimmC98
N Option Selling 1 **NIFTY Weekly Option Seller – Regime & Risk Framework (HTF + RSI)** This indicator is a **decision-support tool for NIFTY option sellers**, designed to identify whether current market conditions favor: * **Iron Condor (IC)** – range / mean-reversion * **Put Credit Spread (PCS)** – bullish bias * **Call Credit Spread (CCS)** – bearish bias The script focuses on **structure selection and risk management**, not trade execution. --- ## Core logic ### 1) Multi-timeframe context * Signals are calculated on the **active chart timeframe** (commonly 4H). * **Daily (HTF) EMA trend and Daily ADX** are used as **gating conditions**, ensuring strong directional scores are not allowed against the higher-timeframe context. This prevents aggressive trend selling when the daily structure does not support it. --- ### 2) Three independent regime scores (0–5) The script computes three capped and smoothed scores: * **IC score (Range quality)** Based on low ADX, price inside CPR, proximity to VWAP, Camarilla H3–L3, daily range confirmation, and mid-band RSI. * **PCS score (Bullish structure)** Based on EMA up-stack, trend strength (ADX), price relative to CPR/VWAP, with RSI and Daily trend acting as **brakes**, not entry signals. * **CCS score (Bearish structure)** Based on EMA down-stack, trend strength (ADX), price relative to CPR/VWAP, with RSI and Daily trend acting as **brakes**, not entry signals. RSI is used only to **cap aggressiveness at extremes**, not to predict reversals. --- ### 3) Cross-penalty & smoothing * When multiple regimes score high simultaneously, **cross-penalties reduce conflicting scores** so only one regime dominates. * Final scores are **smoothed across bars** to avoid frequent regime flips and unstable sizing decisions. --- ### 4) Regime selection The script selects **one primary regime** (IC / PCS / CCS) based on the highest adjusted score, with tie-break logic that prefers trend regimes only when ADX confirms strength; otherwise it defaults to IC. --- ### 5) Non-repainting reference levels The indicator plots key **previous-day, non-repainting levels**: * CPR (Low / High with Narrow–Wide classification) * Camarilla H3, L3, H4, L4 * VWAP These are contextual reference levels for structure and risk placement. --- ### 6) DEFEND / HARVEST prompts Using ATR-based proximity logic, the script provides: * **DEFEND** alerts when price approaches modeled risk zones * **HARVEST** alerts when sufficient cushion exists * **REGIME** alerts on confirmed regime changes These are **risk-management prompts**, not buy/sell signals. --- ### 7) Visual dashboard A compact panel displays: * Active regime and score * ADX / RSI * CPR width classification * EMA structure and tightness * VWAP proximity * IC / PCS / CCS scores * Key level snapshot --- ## Intended use * Designed for **weekly option selling** * Best used on **4H charts with Daily context** * Suitable for traders who manage positions **once per day** * Encourages **structure-first thinking** (IC base with controlled directional bias) --- ## Disclaimer This indicator does **not place trades** and does not calculate position size or P&L. It is a **market regime and risk-awareness tool** and must be used with proper capital management and execution discipline.
Pine Script® indicator
by distinctSeahor20287
Prop Firm EMA RSI Pullback (HTF Bias)by ShuvoHigher Timeframe (HTF) Bias — The Boss Sets the Rules Purpose: You don’t fight institutions. You follow their footprints. Logic: Use a Higher Timeframe (usually H4 or D1) Apply: EMA 200 (trend ruler) Optional: EMA 50 for confirmation Bias Rules: Bullish Bias Price above EMA 200 EMA 200 sloping up Bearish Bias Price below EMA 200 EMA 200 sloping down 🚫 If price is chopping around EMA 200 → NO TRADE Prop firms love discipline, not gamblers.
Pine Script® indicator
by shuvo3377x
Basics v3 [NQTrades]New update: 🎯 Indicator Summary: ICT 1st FVG + Date/News This indicator combines a core ICT (Inner Circle Trader) concept—the tracking of the first Fair Value Gap (FVG) of a session—with convenient on-screen information about the current date and scheduled economic news events. 🟢 Section 1: 1st FVG (Fair Value Gap) Tracker This logic is dedicated to automatically detecting and visualizing the very first Fair Value Gap that forms at the start of the trading session. Session-Specific: The indicator only searches for an FVG within the user-defined trading session (defaulting to 10:02 - 11:00 EST for the NY session). First Only: It plots only the first valid FVG that meets the minimum distance requirement (Min FVG Distance) and ignores all subsequent FVGs for the remainder of that session. Visual Tracking (Modified): The FVG is drawn as a transparent box that begins at the current bar and extends forward into the chart, allowing traders to monitor its fill or reaction in real-time without cluttering the historical chart data. Customization: Allows setting distinct colors for bullish (up) and bearish (down) FVGs. 📰 Section 2: Date & News Display This module provides an organized, persistent display on the chart for critical time and event information. Date & Time: Displays the current weekday, date, and month in a customizable format. Configurable News Events: Users can set up to three high-impact news events for the day (e.g., NFP, FOMC, CPI, etc.). Visual Alert: Each news event is displayed with its own customizable background color, text size, and text color, providing a quick visual alert for upcoming market volatility drivers. Positioning: The entire information box (Date + News) can be anchored to any of the chart's four corners (Top/Bottom and Left/Center/Right).
Pine Script® indicator
by NQTradesreal
Weekly Market StructureWeekly Market Structure – HTF 1. Overview Weekly Market Structure – HTF is an HTF-focused analytical indicator that visualizes weekly (Weekly) market structure and trade distribution (Volume / Footprint) using a virtual candle structure. This indicator is not a buy/sell signal tool. It is designed to help traders understand the current market context and, when combined with their own trading style, determine which directional bias is more favorable. In other words, it is a context- and directional-analysis tool, intended to answer: “What is the broader market environment right now, and which direction has the structural advantage?” It focuses on structure and context, not execution signals. 2. Object (Display Method) This indicator does not directly modify the actual chart candles. To minimise clutter on the chart, all information is displayed to the right of the candle in the form of a virtual candle. (1) Virtual Candle The weekly chart displays only the virtual candles for the current week and the previous week. The daily chart displays only the daily, current week, and previous week's virtual candles. Weekly market structure analysis must be verified on the weekly chart. Additional triggers occur exclusively within the weekly timeframe. The highs and lows of the virtual candles correspond to the actual candle prices. Therefore, price levels such as POC, VAH, and VAL can be directly referenced based on the virtual candles. Price level lines such as POC are displayed as solid lines for the previous week and dotted lines for the current week. (2) Week Footprint (POC / VAH / VAL) Utilising Footprint data provided by TradingView, the next levels based on weekly candles are automatically calculated and displayed. POC (Point of Control) VAH (Value Area High) VAL (Value Area Low) Both the previous week's (LW) and current week's (W) POC / VAH / VAL are displayed. We judged it important to reference not only this week's levels but also the previous week's POC / VAH / VAL. (3) Delta Score The Delta value of Footprint data is normalised and displayed within the range 1 to 100. An intuitive scoring system is adopted instead of listing large numbers. Positive Delta → Lime color Negative Delta → Red color Display format: D 1 to 100 Interpretation point examples Weekly bearish candle + positive Delta → Declining but buy market orders dominate → Potential for upward movement / Acceptance possibility Weekly bullish candle + negative Delta → Rising but sell market orders dominate → Distribution / Exhaustion possibility (4) Volume Row (Price-Level Volume Concentration) Each candle consists of multiple price rows. This indicator divides the weekly candle's high–low range into the number of rows specified by the user. Since the concentrated sections remain identical regardless, using a custom value makes little difference. Each row accumulates the lower timeframe (LTF) trading volume, visualising the concentration of trading activity per price level as a gauge (bar). It is recommended to view this on the weekly candle. While it can be observed on lower timeframes, as the data is based on the weekly candle, the frequency of row volume decreases as the timeframe becomes lower. Reason Weekly basis: Approximately 7 days' worth of data accumulated on a 1-hour LTF basis Daily basis: 1 day's worth of data on a 1-hour LTF basis Nevertheless, the maximum trading range (core levels) remains sufficiently valuable for reference even in lower timeframes. Features Highlighting of maximum trading range (green) Ability to grasp relative volume distribution Support for % display option (default OFF) Interpretation Point Examples Current Price Positioned above the high volume gauge zone → Relatively high probability of upward movement When breaking down from above the abundant zone or already positioned below → Reduced probability of upward movement, increased probability of downward movement When the gauge is empty or within the scarce zone → Low liquidity → Zone of increased volatility *For reference, last week's candle volume row is absent. (It appears messy.) 3. Who is it suitable for? Traders who prioritize higher timeframe (HTF) structure Traders who trade using a top-down approach from HTF to lower timeframe (LTF) Traders who want to view both the weekly candle's directional bias and the area of concentrated trading activity 4. Final Notes (1) This indicator is an analytical tool and does not provide buy or sell signals. (2) All data, excluding the volume row, utilises TradingView's footprint data. The volume row is based on cumulative volume data from lower timeframes. (3) This tool has various potential applications depending on the user's approach, beyond the usage methods I have described. This tool is not designed for a fixed analytical approach but to complement the user's existing trading style. Its usefulness may vary depending on the trader's level of experience. (4) When applying replays, due to the code's characteristics, the object will only display if the forward button is pressed immediately after jumping to a past point. (5) When the trend is extremely strong, analysis should be based on the trend direction. Nothing can beat the trend. Conduct analysis based on trend following. (Do not seek support lines during the collapse phase after a distribution structure is complete) (Do not attempt short positions at resistance lines during the primary ascent phase after an accumulation structure is complete) (6) Indicator settings only include visual options such as object activation. Remove unnecessary objects according to your purpose.
Pine Script® indicator
by DAESUNGCRYPTO