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Candlestick analysis

cg - Absorption + High Volume + CVDThis indicator is designed to assist traders in identifying potential limit entry zones along with confirmation signals based on price behavior and technical conditions. It highlights areas where price may react, helping traders plan entries with a structured and disciplined approach. The indicator provides both Buy Limit and Sell Limit levels, as well as confirmation signals to improve timing and trade confidence. Users can select from four different signal options, allowing flexibility for conservative or aggressive trading styles. All signals are generated using predefined logic based on historical price data and market structure. This indicator does not predict future price movement and should be used as a decision-support tool, not as a standalone system. Key features include multi-timeframe compatibility, customizable signal options, and broad market support including Forex, Crypto, Indices, and Stocks. It is suitable for scalping, day trading, and swing trading when combined with proper risk management. ⚠️ This indicator is intended for educational and analytical purposes only and does not provide financial advice. Trading involves risk, and users are responsible for their own trading decisions.
Pine Script® indicator
by syN33awgK
SK Zones 🚀 SK System Professional SK System Professional is a high-precision sequence trading indicator designed to identify, grade, and trade the authentic 0-A-B-C market structure. Built strictly on SK System principles, this tool goes beyond simple geometry by integrating Multi-Timeframe Trend Filtering, Momentum Analysis, and a proprietary Wave Strength Scoring Engine. Unlike standard Fibonacci tools, SK ZONES dynamically validates pullback zones ("Golden Zones") and ensures strictly confirmed entries, filtering out low-probability setups before they form. 🌟 Key Features 1. 📐 Authentic SK Logic (0-A-B-C) Automatically detects the initial Impulse Wave (0-A). Projects the Golden Zone (50% - 66.7% Retracement). Waits for price to tap the zone and form a valid Point B. Projects high-probability Target C (Extension). 2. 🛡️ Smart Filters & Confirmation MTF Trend Filter: Aligns signals with the Higher Timeframe Trend (e.g., 4H EMA 200), preventing counter-trend trades. RSI Momentum Lock: Ensures the pullback to Point B is accompanied by momentum exhaustion (RSI Oversold/Overbought). Decisive Breakout: Requires a strong candle body breakout from the zone to confirm Point B, ignoring weak wicks/sweeps. 3. 📊 Proprietary Quality Metrics (NEW) Wave Strength Score (0-100): Grades every impulse wave based on speed, angle, and trend alignment. Grade A: High Probability (Strong Impulse). Grade B/C: Moderate/Weak Impulse. Zone Grading (⭐): Rates the Golden Zone quality based on structure tightness and confluence using a 3-star system. Auto R:R Calculator: Instantly displays the potential Risk-to-Reward Ratio (e.g., "3.5R") for every confirmed setup. 4. 🧠 Dynamic Sequence Tracking Smart Point B: If price pushes deeper into the zone after an initial touch, the indicator updates Point B to the new extreme, ensuring you always get the best entry price. Lookback Logic: Detects if a zone was touched before the sequence was fully confirmed, ensuring no missed entries. 🛠️ How to Use Wait for Sequence: Look for the 0-A Impulse line and the projected blue Golden Zone. Check Quality: Look at the Label near Point A. Is it Grade A or B? Check the Strength Label: Does it have ⭐⭐⭐? Is the R:R attractive (e.g., > 2.0R)? Wait for "B" Confirmation: Do NOT enter on the first touch. Wait for the "B" label to appear. This confirms price has rejected the zone and closed outside with strength. Trade Management: Entry: On the open of the next candle after "B" appears. Stop Loss: Just below Point 0 (Invalidation Point). Target: The black line marked "Target C". ⚙️ Settings Overview Trend Filter: Enable/Disable MTF filtering (default: 4H Trend). RSI Filter: Require RSI exhaustion at Point B. Confirmation %: Minimum candle body size required to confirm a breakout (default: 30%). Visuals: Toggle Labels, Watermark, and History. Developed by @ODAYCHART | Premium Grade Trading Tools
Pine Script® indicator
by oday_mohammad
PDH/PDL + PWH/PWL + ICT Bias FilterThis TradingView indicator displays **Previous Day High/Low (PDH/PDL)** and **Previous Week High/Low (PWH/PWL)** as black horizontal rays that start from the exact candle wick where each level was formed and extend to the right edge of the chart. It calculates an **ICT-style daily bias** based on whether the previous day swept the prior day's high/low and where it closed relative to that range - showing bullish if it swept low and closed inside (reversal) or closed above range (continuation), and bearish for the opposite conditions. The script also tracks **structure-based bias** for 4H, 1H, and 15M timeframes by detecting when price breaks above the last swing high (bullish) or below the last swing low (bearish), using pivot points to identify changes of character. All bias readings are displayed in a **color-coded table** in the top-right corner with green for bullish, red for bearish, and gray for neutral conditions.
Pine Script® indicator
by Aurelius1027
2
Realistic Trader Volume & Consolidation Only 3.1Realistic Trader — Volume & Consolidation Only 3.1 (THIS IS THE VOLUME INDICATOR AT BOTTOM NOT THE INDICATOR ON CHART) EMAIL UNRESTRICTEDGEARTRADING@GMAIL.COM WITH QUESTIONS use in conjunction with Realistic Trader Pullback Trader 4.0 A clean, fast read of relative volume + consolidation designed for futures & indices (ES/NQ) and low-liquidity sessions (overnight/AH). It gives you two things at a glance: Live volume surges (up/down) and close-confirmed consolidation/continuation coloring A separate Relative Candle Burst signal that spots “big candle + bigger volume” events with flexible time windows It’s lightweight (sub-pane), alert-ready, and pairs great with your main price-action tools. What it does Proxy Volume (optional, RTH-aware): During regular hours you can “borrow” volume from a liquid ETF (e.g., SPY for ES, QQQ for NQ). Outside RTH the chart’s own volume is used automatically. Volume Coloring (live): Green/Red: Live volume surge (up if close ≥ open, down if close < open) White: Consolidation (close inside prior bar and falling volume for two bars) Gray: Continuation (not a surge/consolidation, but volume keeps decaying) Relative Candle Burst (separate signal): Triggers when current candle is X× larger than the previous (by range or body) and volume beats the highest of the last N bars. Works Inside RTH / Outside RTH / Custom window, with optional close confirmation, live-only display, and cooldown. 15-minute pattern reminders (optional): G→RR and R→GG cautions (close-confirmed). Not entries—just “don’t chase” reminders. Simple time-filtered Volume Alert: Morning vs. day filters for quick, high-signal notifications. Inputs you’ll actually use Volume → Use alternate ticker (RTH only): Select SPY/QQQ, etc. for a cleaner RTH read; AH reverts to chart volume automatically. Relative Burst → Run when: Inside RTH / Outside RTH / Custom window Min relative size (× prev): e.g., 1.5× by Range or Body Min absolute size (ticks): floor on true range Volume must exceed last N bars: comparative spike check Require bar close: off = early intrabar heads-up Live-only + Cooldown bars + Marker size/color 2-Candle Signals: Toggle G→RR and R→GG (15m only). Alerts included Relative Candle Burst – “Volatility Spike” (respects your window/confirmation/cooldown settings) Potential Bearish/Bullish Pullback/Reversal coming soon – the 15m reminders Volume Alert – time-filtered surge check Create alerts from the indicator’s settings so they persist across sessions. How to use (quick start) Futures example (ES): Main price chart: normal volume. This indicator: Use alternate ticker = SPY (clearer RTH spikes). Overnight / thin sessions: Use Relative Burst with Outside RTH window, sizeMult≈1.5–2.0, N=3–5, and a small abs ticks floor. Consolidation = potential liquidity zone: White bars mark “inside + falling vol”; watch how price behaves into/through these areas. Alerts: Start with Relative Candle Burst and Volume Alert; add the 15m reminders if you like a “don’t chase” nudge. Notes & limits Volume surge colors update intrabar; consolidation/continuation confirm on close. If Require bar close is off for Relative Burst, the marker can appear intrabar (by design) and won’t repaint after close; turn it on for strictly close-confirmed prints. Proxy volume only applies during RTH; outside that window the script automatically uses the chart’s volume.
Pine Script® indicator
by UnrestrictedGear
Realistic Trader Pullback Trader 4.0Realistic Trader Pullback Trader 4.0 Rule-Based Intraday Market Structure & Execution Framework EMAIL UNRESTRICTEDGEARTRADING@GMAIL.COM WITH QUESTIONS Optimized for 15 & 5 Minute Chart but works on most timeframes Works best if extended/electronic trading hours is on but will work in RTH (when in RTH mode must use 65min in place of 1 hour, 130min instead of 2 hour, etc. for mathematical reasons). Overview Realistic Pullback Trader 4.0 is a rule-based intraday trading framework designed for traders who want objective structure, volume-validated signals, and price-first execution clarity—without indicator clutter or hindsight bias. This indicator is not a prediction tool. It is a decision-support system that combines market structure, volume behavior, and candle anatomy to highlight: High-probability trade locations Clear pre-entry warning zones Actionable Buy Now / Sell Now execution states Default settings are optimized for SPY / ES (S&P 500 futures). Other symbols may require tuning. Core Philosophy (The “Why”) This framework is built around: Price, volume, and market structure No lagging or predictive calculations Zones & levels — not indicators Reversal candles — not oscillators Confirmation — not hope Automatic directional bias derived from price position to structure, not slope All logic evaluates on confirmed candle closes. No repainting. No hindsight adjustments. Candle & Volume Interpretation Candle Colors (Intent Matters) Green / Red filled candles: Represent relative volume spikes (buyer or seller exhaustion, often mark the start or end of directional movement) White candles: True consolidation candles (when not to trade, liquidity build-up, foundation for new intraday zones) **must use regular candles and have fill opacity changed to 0% in Trading View settings** Proxy Volume (Optional) Allows the chart to use another ticker’s volume (designed for futures traders) Example: SPY volume on ES Automatically uses proxy volume during RTH, native ticker volume outside RTH Fully optional and configurable Historical Liquidity Levels & Zones (Dynamic, RTH-Based) Formed from prior liquidity, structure breaks, and key day/week/month levels Zones evolve as new structure forms Zone size and sensitivity are adjustable Historical zones provide context, not signals Intraday Zones (Dynamic) Automatically detected from validated reversal candles Invisible until price returns (reduces clutter) Blue: Intraday support / demand Yellow: Intraday resistance / supply Intraday zones remain active until replaced by newer structure Zone Color Logic (All Zones) Historical Zones Green: Price accepted above (support / demand) Red: Price accepted below (resistance / supply) Gray: Balance / compression Color changes require multi-candle confirmation Early-break logic allows faster response in volatile conditions Intraday Zones Blue: Price accepted above Yellow: Price accepted below Zone color reflects acceptance, not prediction. Auto Bias System (Directional Context Filter) Realistic Pullback Trader includes a fully automatic directional bias engine that provides context, not entries. Possible bias states: Bullish Bearish Bias is derived from price interaction with active zones and structure, not moving averages or trend slope. How Auto Bias Is Used Auto Bias is a filter, not a trigger: When enabled, trade setup signals must align with the current bias When disabled, signals appear regardless of bias All other rules still apply (volume, structure, candle requirements) Important: Bias filtering applies only to the Trade Setup Box and Buy/Sell Now display. Reversal and pullback visuals can remain enabled for trade management and context, even when bias filtering is active. Auto Bias HUD (Upper Right) The Trade HUD displays: Buy Now / Sell Now when an entry zone is active Current Auto Bias directly beneath it Bias colors: Green: Bullish Red: Bearish Purple: Range Bias is visible at decision time, not buried in settings. Timeframes (Important) Optimized for: 15-Minute (Primary) 5-Minute (Secondary, displayed on 15m) Pullbacks are 15-minute only by design. Reversal Candles (15m & 5m) Detects validated reversal candles Enforces minimum candle size, momentum confirmation, volume confirmation 5-Minute Reversals on 15-Minute Chart Displayed as yellow arrows Detected intra-bar Confirmed only when the 15-minute candle closes Allows micro-timing without chart hopping Trade Setup Boxes (Core Execution Feature) After a valid reversal, an entry zone (offset box) is displayed. Visual States Yellow (Bullish) / Purple (Bearish): Setup present Green / Red: Buy Now / Sell Now Entry boxes disappear once invalidated Trade HUD Row 1: Buy Now or Sell Now Row 2: Current Bias Displays only when a valid entry zone exists This enforces location-based execution and prevents chasing. Entry Offset Logic (How Price Is Calculated) Entry zones are calculated from the reversals bar close using: Ticks Percent of candle range Greater of ticks or percent Rules: Bullish entries offset below the close Bearish entries offset above the close Offset never exceeds the candle’s high or low Zone width is controlled separately Alerts Reversals Intraday Level creation/retrace Trade Setup (Offset Box Created) Risk & Trade Management (Important) This indicator: Does not place trades Does not manage risk Does not guarantee outcomes You are responsible for: Position sizing Stop placement Trade management Discipline Final Notes Realistic Pullback Trader 4.0 is designed for traders who: Understand market structure Value rules over opinions Want confirmation instead of prediction If you trade zones, volume, and reaction — not indicators, this framework was built for you. Use in conjunction with the Realistic Trader Volume & Consolidation Only 3.1 Indicator. Workspace Configuration For the most effective use of this framework, use a two-window chart with the indicator applied to both windows. 15-Minute Window: Use this for Master Context and identifying Directional Bias. In the Display Settings, leave both the Bias HUD and Buy/Sell HUD selected. 5-Minute Window (or less): Use this for timing Tight Reversal Entries. In the Display Settings, turn off the Bias HUD so you only see active execution signals. Section 1: Display Settings Controls your visual framework and the Heads-Up Display (HUD). Bar Size Unit Display: Select between Ticks or Points. Hide Historical Levels/Zones (Red/Green): Leave this unchecked to maintain macro market awareness. Min Historical Zones Size (ticks): Sets the minimum height for macro levels. Hide Intraday Zones (Blue/Yellow): Leave this unchecked to see active retest levels. Min Intraday Zones Size (ticks): Sets the minimum height for intraday retest levels. Section 2: Trade Setup Settings High-level filters for signal permissions. Signal Direction Filter: Higher Timeframe (15m): Auto Bias Lower Timeframe (<15m): Both Reversals Require Zone Touch: Higher Timeframe: Checked Lower Timeframe: Unchecked Section 3: Buy/Sell Range Settings Defines your Trade Setup Box (physical area for entry orders). Offset Mode: Ticks: Fixed distance from candle close (set to 0 for box at close of entry bar) Percent of Bar: Offset based on candle height (e.g., 0.38 for 38%) Greater of Ticks or Percent: Uses whichever is wider Offset Box Invalidation Width (ticks): Determines execution zone width (entry at proximal side, stop loss at distal side) Mechanical Boundary: Box never starts past candle’s extreme (high or low) Section 4: Zones Settings Dynamics of supply and demand zones and bias flips. Ticks Beyond Zone for Early Breakout Flip: How far price must travel past a zone before bias flips (Red/Yellow = Supply, Green/Blue = Demand) Closes Required to Flip Zone Color: Number of candle closes past a zone to flip color (system uses whichever happens first: tick threshold or close count) Min Bars for Intraday Zones Formation: Move away from a reversal before a retest area is validated (recommended: 4) Section 5: Reversal Bars Filters out small, insignificant candles. Min Reversal Bar Length (ticks): Choose a size sufficient for your ticker; keep consistent for data integrity Section 6: Volume — Proxy Institutional context for futures traders by borrowing data from equities. Use Alternate Ticker for Volume (RTH only): Turn ON if trading futures and a comparable higher-volume equity exists (e.g., SPY for ES) Function: Uses proxy during Regular Trading Hours, reverts to native chart volume after hours Execution Summary Check Bias: Ensure 15m HUD aligns with your trade Locate Context: Trades valid in Blue (Demand) or Yellow (Supply) zones; higher probability if a Trade Setup Box appears inside them Wait for the Signal: Bullish: Starts as White Box, turns Green on retest; Row 1 says "Buy" Bearish: Starts as Purple Box, turns Red on retest; Row 1 says "Sell" Patience: Retests happen ~50% of the time within 4 candles. Don't rush; if you miss a trade, there will be others. Alerts and Trade Management Use built-in alert and visual management tools to maintain a rule-based approach and avoid chasing the market. Alert Strategy Trade Setup Alert: Set to "Once" for notification when a White (Bullish) or Purple (Bearish) setup box appears Intraday Zone Alert: Set alerts for creation of new Blue (Demand) or Yellow (Supply) zones across multiple timeframes (30, 15, 5, and 3-minute) Reversal Alerts: Configure for raw reversal candles for high-level awareness Reversal Candles vs. Trade Setups Execution Rule: Reversal arrows always appear on the chart to show potential turns, but are not intended as standalone trade entries. Higher Probability: While you can trade a retest of an intraday zone manually, probability is higher if a confirmed Trade Setup Box (White/Purple) fires within that zone. Intent: Reversal candles without an execution box are best used for trade management (trailing stops, exit areas). ** Also add the Realistic Trader Volume & Consolidation Only 3.1 (NOT NEEDED BUT HELPS LEARN TO INTERPRET RELATIVE VOLUME IMPORTANCE)
Pine Script® indicator
by UnrestrictedGear
3
Wick based support and resistance Precision Supply & Demand through Wick Volatility. This indicator identifies institutional price rejection zones by analyzing candle wick geometry. It transforms large, "high-conviction" wicks into dynamic Support and Resistance (S/R) zones and generates non-repainting signals when price returns to "test" those zones. 🧠 The Core Logic The script filters out "noise" by using two strict criteria for every zone it creates: Wick Percentage: A wick must represent a significant portion of the total candle (e.g., 50%+). ATR Qualification: The wick must be larger than a specific multiple of the Average True Range (ATR). This ensures that zones are only created during periods of actual volatility, not during flat "sideways" markets. 🛠 How to Use It 1. Identifying the Zones Green Zones (Support): These are created from long lower wicks. They represent areas where buyers stepped in aggressively, pushing price back up. Red Zones (Resistance): These are created from long upper wicks. They represent areas where sellers "slammed" the price down. Zone Persistence: Zones will extend to the right until a signal is fired, providing a visual map of where "unfinished business" remains on the chart. 2. Trading the Signals (Triangles) Signals are Non-Repainting. They only fire once a bar is confirmed (closed), meaning the triangle will never move or disappear later. Long Signal (▲): Fires when price enters a Green Support Zone, fails to break through the bottom, and closes as a bullish (green) candle. Short Signal (▼): Fires when price enters a Red Resistance Zone, fails to break through the top, and closes as a bearish (red) candle. 3. Tuning for Different Markets Scalping (1m - 5m): Set the ATR Multiplier to 0.3 - 0.5. This allows more zones to form in fast-moving environments. Swing Trading (1h+): Set the ATR Multiplier to 1.0+. This ensures only the most significant daily or weekly rejections are mapped. Wick Threshold: If you find the chart is too cluttered, increase the Upper/Lower Wick Threshold to 60% or higher to only see "extreme" rejections. ⚙️ Key Settings Max Zones Per Side: Controls how many historical zones stay on your screen. Keep this around 50 for performance. ATR Filter: The "secret sauce." By requiring wicks to be ATR-qualified, the script ignores tiny wicks that happen during low-volume periods (like lunch hour or pre-market). 🚨 Alert Setup This script includes built-in alert conditions. To use them: Click the Alerts icon in TradingView. Select "Wick S/R — Zones..." as the Condition. Choose "Wick SR Long" or "Wick SR Short". Set to "Once Per Bar Close" for the most reliable notification. 💎 Pro-Trading Tip For the best results, combine it with moving average and you have got yourself an explosive trading setup.
Pine Script® indicator
by samas49
Vilantro Swing Points & Swing Failure Patterns (SFP) V1.0Vilantro Swing Points & Swing Failure Patterns (SFP) V1.0 Overview The Vilantro Swing Points & SFP indicator is a comprehensive Price Action tool designed for traders utilizing Smart Money Concepts (SMC) and Liquidity trading strategies. Based on the "Daily Sweep" methodology, this tool automates the identification of structural swing points, draws dynamic liquidity zones (boxes), and generates real-time signals for Swing Failure Patterns (SFP)—a high-probability reversal setup where price sweeps liquidity but fails to sustain the breakout. Key Features 1. Automated Swing Point Detection Identifies market structure using a classic 3-Candle Swing logic (as defined in standard price action theory). Swing High: A candle high surrounded by lower highs on the immediate left and right. Swing Low: A candle low surrounded by higher lows on the immediate left and right. 2. Dynamic Liquidity Zones (Boxes) Automatically draws Support (Green) and Resistance (Red) boxes extending from valid swing points to the right. These boxes represent untapped liquidity pools (stop losses and buy/sell limit orders) that institutional algorithms often target. Smart Cleanup: The indicator keeps your chart clean. Once a price level is interacted with (either swept or broken), the box stops extending automatically. 3. Swing Failure Pattern (SFP) Signals This is the core execution trigger of the indicator. It monitors the Liquidity Boxes for specific price behavior: Bearish SFP: Price wicks above a Resistance Box (sweeping the highs) but the candle closes back below the level. Interpretation: Buyers were trapped, liquidity was grabbed, and sellers are stepping in. Bullish SFP: Price wicks below a Support Box (sweeping the lows) but the candle closes back above the level. Interpretation: Sellers were trapped, liquidity was grabbed, and buyers are stepping in. How to Trade with Vilantro SFP V1.0 Identify the Trend: Use the automatically drawn boxes to see where the market has left "resting liquidity." Wait for the Sweep: Do not enter just because price touches a box. Wait for the candle to close. The Signal: Look for the "Bearish SFP" or "Bullish SFP" label. If the candle closes OUTSIDE the box: This is a Break of Structure (BOS) or continuation. Do not fade this. If the candle closes INSIDE the box (SFP): This is your rejection signal. Execution: As discussed in "The Daily Sweep" strategy: Once the SFP alert fires on a higher timeframe (e.g., Daily or 4H), drop to a lower timeframe to find a precision entry (such as a Fair Value Gap). Settings Swing Lookback: Defines the sensitivity of the swing points. Default is 1 (Standard 3-candle pattern). Increasing this number identifies only larger, macro pivot points. Extend Box Limit: Controls how far back the script looks for unmitigated levels. Colors: Fully customizable colors for Bull/Bear boxes and SFP labels to match your charting theme. Disclaimer This tool is for educational purposes only. Trading financial markets involves risk. Always combine this indicator with your own analysis and risk management.
Pine Script® indicator
by Vilantro
Institutional Market Structure Pro [JOAT]Institutional Market Structure Pro – SMC, MTF Momentum & Z-Score Confluence Engine IMPORTANT NOTES (READ FIRST) This is an indicator (not a strategy). It does not place trades. It provides a structured confluence framework combining market structure, momentum, and statistical analysis. This script is written in Pine Script v6 and is intended to be used on standard candlestick charts . Source code visibility: This script is published as Protected Source (closed-source) . The purpose is to protect the work from unauthorized re-uploads/copies and to maintain a stable versioning path. This description is intentionally detailed so you can understand what the indicator does and how to use each feature without needing access to the implementation. Non-Repainting: HTF data uses confirmed historical values with proper offset, ensuring reliable signals for live trading. Protected Source / Closed-Source Clarification Protected source does not mean "trust me blindly". It means the internal implementation is not publicly viewable. The operational behavior is documented here: what is plotted, what each dashboard cell means, what each input controls, and how to interpret the output. If you see re-uploads or near-identical copies elsewhere, treat them with caution and rely on the official publication. Overview Institutional Market Structure Pro (IMS Pro) is a comprehensive technical analysis indicator designed to help traders identify market structure shifts, momentum alignment, and statistical price extremes. It combines: Smart Money Concepts (SMC) – Swing highs/lows, Change of Character (CHoCH), Break of Structure (BOS) Higher Timeframe Momentum – MACD-based institutional bias from configurable HTF Statistical Z-Score Analysis – Standard deviation bands identifying statistically extreme price levels Trend Cloud – EMA-based short-term trend visualization Confluence Scoring – Four-factor system combining all layers into actionable bias The indicator was developed to address a common challenge: most retail traders struggle to identify when institutional order flow is shifting direction. By combining market structure analysis with higher timeframe momentum and statistical deviation measurements, IMS Pro helps traders see the market through an institutional lens. What Makes It Original (Originality & Usefulness) This script is not a simple mashup of SMC concepts. It is a coordinated workflow: Market Structure Layer identifies swing highs, swing lows, and structural breaks (CHoCH and BOS) using configurable pivot detection Momentum Layer analyzes higher timeframe MACD to determine institutional momentum bias with non-repainting implementation Statistical Layer calculates Z-Score deviation bands to identify statistically extreme price levels where reversals are more likely Confluence Scoring combines all layers into a single actionable bias score (STRONG BULL to STRONG BEAR) When these three layers align, the indicator provides high-probability trading opportunities. The dashboard displays real-time confluence scoring so traders can quickly assess market conditions. 1) Chart Visuals – What You See on the Chart A) Swing Highs and Swing Lows The indicator identifies swing points using a configurable pivot detection algorithm: Swing Highs – Red circles above the price level where they formed Swing Lows – Green circles below the price level where they formed Pivot Sensitivity – Controls how many bars are required to confirm a swing point (default: 10 bars) Higher pivot sensitivity values result in fewer but more significant swing points. Lower values capture more swings but may include noise. B) Change of Character (CHoCH) A Change of Character occurs when price breaks a swing level in the opposite direction of the current trend, signaling a potential trend reversal: Bullish CHoCH – Price breaks above a swing high while the market was previously in bearish structure. Displayed as a green dashed line with "CHoCH" label. Bearish CHoCH – Price breaks below a swing low while the market was previously in bullish structure. Displayed as a red dashed line with "CHoCH" label. CHoCH signals are significant because they indicate that the side previously in control (buyers or sellers) has lost dominance. These are often the first signs of a trend reversal. C) Break of Structure (BOS) A Break of Structure occurs when price breaks a swing level in the same direction as the current trend, confirming trend continuation: Bullish BOS – Price breaks above a swing high while already in bullish structure. Displayed as a light green solid line with "BOS" label. Bearish BOS – Price breaks below a swing low while already in bearish structure. Displayed as a light red solid line with "BOS" label. BOS signals confirm that the current trend remains intact and the dominant side maintains control. D) Z-Score Deviation Bands Statistical bands showing price deviation from mean: Upper Band (+2 sigma) – Light red line showing the overbought threshold Lower Band (-2 sigma) – Light green line showing the oversold threshold Mean Line – Gray line showing the statistical average price Extreme Markers – Diamond shapes appear when price first enters extreme zones Statistical Probability Context: 68% of price action occurs within +/- 1 standard deviation 95% of price action occurs within +/- 2 standard deviations 99.7% of price action occurs within +/- 3 standard deviations When price reaches +/- 2 standard deviations, there is only a 5% probability of it moving further in that direction, making these levels statistically significant for potential reversals. E) Trend Cloud Visual representation of short-term trend direction using two EMAs (9 and 21): Green Cloud – Fast EMA is above slow EMA, indicating bullish short-term momentum Red Cloud – Fast EMA is below slow EMA, indicating bearish short-term momentum F) HTF Momentum Background Tint Subtle background coloring based on higher timeframe MACD: Green Background Tint – Higher timeframe momentum is bullish (MACD line > signal line) Red Background Tint – Higher timeframe momentum is bearish (MACD line < signal line) No Tint – Momentum is neutral or the feature is disabled 2) IMS PRO Dashboard – Full Glossary A compact table displays real-time summary of all analysis layers: Header Row Displays "IMS PRO" and current symbol Color changes based on overall bias (green for bullish, red for bearish) Row 1 – Structure BULLISH : Higher highs and higher lows pattern BEARISH : Lower highs and lower lows pattern NEUTRAL : Mixed swings, ranging/consolidating market Row 2 – HTF Shows higher timeframe momentum bias with selected timeframe in parentheses BULLISH : MACD line > signal line on HTF BEARISH : MACD line < signal line on HTF Row 3 – Z-Score Displays current Z-Score value with color coding Green for positive, red for negative Bright colors for extreme values (beyond +/- 2) Row 4 – Trend UP : Fast EMA > Slow EMA DOWN : Fast EMA < Slow EMA RANGING : EMAs approximately equal Row 5 – Overall Bias STRONG BULL : Score +3 to +4 (all factors aligned bullish) BULL : Score +1 to +2 (majority of factors bullish) NEUTRAL : Score 0 (mixed signals) BEAR : Score -1 to -2 (majority of factors bearish) STRONG BEAR : Score -3 to -4 (all factors aligned bearish) Row 6 – Swing High Price level of the most recent swing high Useful for stop loss and target placement Row 7 – Swing Low Price level of the most recent swing low Useful for stop loss and target placement 3) How the Confluence Scoring Works (High-Level) IMS Pro uses a four-factor confluence scoring system: Market Structure (+1/-1) : Bullish structure adds +1, bearish structure adds -1 HTF Momentum (+1/-1) : Bullish HTF momentum adds +1, bearish adds -1 Trend Direction (+1/-1) : Uptrend adds +1, downtrend adds -1 Z-Score Position (+1/-1) : Z-Score above +0.5 adds +1, below -0.5 adds -1 Score Interpretation: Score +3 to +4 = STRONG BULL – All factors aligned bullish Score +1 to +2 = BULL – Majority of factors bullish Score 0 = NEUTRAL – Mixed signals Score -1 to -2 = BEAR – Majority of factors bearish Score -3 to -4 = STRONG BEAR – All factors aligned bearish Z-Score Calculation: Z-Score = (Price - Mean) / Standard Deviation Mean and StdDev calculated over configurable lookback period (default: 75) Z-Score = 0 means price is at the mean Z-Score = +2 means price is two standard deviations above mean (statistically overbought) Z-Score = -2 means price is two standard deviations below mean (statistically oversold) 4) Inputs & Settings – Full Reference Market Structure Settings Pivot Sensitivity (default: 10): Number of bars to confirm swing points. Range: 2-50. Show Last N Bars (default: 500): Limits historical display for performance. Show Swing Highs : Toggle swing high markers. Show Swing Lows : Toggle swing low markers. Show CHoCH : Toggle Change of Character labels. Show BOS : Toggle Break of Structure labels. Swing High Color (default: red): Color for swing high markers. Swing Low Color (default: green): Color for swing low markers. Higher Timeframe Momentum Settings Enable HTF Momentum : Toggle HTF analysis. Higher Timeframe (default: 240/4H): Timeframe for momentum analysis. MACD Fast Length (default: 12): Fast EMA period for MACD. MACD Slow Length (default: 26): Slow EMA period for MACD. MACD Signal Length (default: 9): Signal line period. Show HTF Bias Background : Toggle background tint. Bias Background Transparency (default: 92): Opacity of background tint. Statistical Analysis Settings Enable Z-Score Analysis : Toggle statistical analysis. Z-Score Lookback (default: 75): Period for mean and standard deviation calculation. Show Extreme Deviation Bands : Toggle +/- 2 sigma bands. Extreme Z-Score Threshold (default: 2.0): Z-Score level considered extreme. Visual Settings Show Information Dashboard : Toggle dashboard display. Dashboard Position (default: Top Right): Corner placement for dashboard. Color Bars by Trend : Toggle bar coloring based on confluence. Show Trend Cloud : Toggle EMA cloud display. Cloud Transparency (default: 85): Opacity of trend cloud fill. Alert Settings Alert on CHoCH : Enable CHoCH alerts and visual markers. Alert on BOS : Enable BOS alerts and visual markers. Alert on Extreme Z-Score : Enable extreme zone alerts and markers. 5) Recommended Workflow (Practical Use) Step 1: Identify Market Structure Observe swing highs and swing lows to understand current structure Higher highs + higher lows = Bullish structure Lower highs + lower lows = Bearish structure Mixed swings = Ranging/consolidating market Step 2: Check Higher Timeframe Bias Look at background tint and dashboard HTF reading Trading with HTF momentum increases probability of success Step 3: Wait for Structure Breaks For trend reversals: Wait for CHoCH signals that align with HTF momentum For trend continuation: Wait for BOS signals that confirm existing trend Step 4: Consider Statistical Context Avoid buying when Z-Score is extremely positive (overbought) Avoid selling when Z-Score is extremely negative (oversold) Look for reversals when price reaches extreme bands Step 5: Assess Overall Confluence STRONG BULL = High-probability long setups STRONG BEAR = High-probability short setups NEUTRAL = Wait for clearer signals Recommended Timeframe Settings: For 15-minute charts: Use 4H (240) higher timeframe For 1-hour charts: Use Daily (D) higher timeframe For 4-hour charts: Use Weekly (W) higher timeframe 6) Alerts IMS Pro ships with alert conditions for: Bullish CHoCH : Triggers when a bullish Change of Character is detected Bearish CHoCH : Triggers when a bearish Change of Character is detected Bullish BOS : Triggers when a bullish Break of Structure is detected Bearish BOS : Triggers when a bearish Break of Structure is detected Extreme Overbought : Triggers when Z-Score first exceeds the extreme threshold Extreme Oversold : Triggers when Z-Score first drops below the negative extreme threshold Bullish Confluence : Triggers when CHoCH + HTF Bullish + Oversold Z-Score align Bearish Confluence : Triggers when CHoCH + HTF Bearish + Overbought Z-Score align The confluence alerts are particularly valuable as they only trigger when multiple factors align, filtering out lower-probability setups. 7) Limitations & Best-Use Guidance Market structure analysis works best in trending markets; may produce mixed signals in choppy conditions. Higher timeframe data requires sufficient historical bars to calculate accurately. Z-Score assumes normal distribution which may not hold during extreme market events. Past structural patterns do not guarantee future price behavior. The indicator is a tool for analysis, not a standalone trading system. Always validate on your own symbols and timeframes before committing capital. Best Practices: Always trade in the direction of the higher timeframe momentum Use CHoCH signals for potential reversals, BOS signals for continuations Avoid entries when Z-Score is at extremes against your trade direction Wait for STRONG BULL or STRONG BEAR confluence for highest probability trades Adjust pivot sensitivity based on your trading timeframe (higher for swing trading, lower for day trading) Use the swing high and swing low levels from the dashboard for stop loss and target placement Disclaimer This script is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. Trading involves substantial risk of loss. Past performance of any trading methodology is not indicative of future results. Users should conduct their own research and consult with qualified financial advisors before making trading decisions. The author is not responsible for any losses incurred from using this indicator. -Made with passion by officialjackofalltrades
Pine Script® indicator
by officialjackofalltrades
Anurag -Alpha Pro (NIFTY/BANKNIFTY) CALL/PUT Boxes Trend BadgeThis indicator gives CALL (buy) and PUT (sell) signals for Nifty and BankNifty using trend + confirmation filters. It trades only during NSE market hours and avoids noisy periods like the opening minutes and mid-day lull. It confirms direction using EMA trend, VWAP, ADX (trend strength) and RVOL (volume push) to reduce fake signals. It plots clear Entry, Stop Loss, and Target using ATR-based risk so levels adjust automatically to volatility. The green/red boxes show your target zone and stop zone visually, keeping the chart clean with only one active setup. The Trend Badge shows the current market state (Bullish / Bearish / Ultra) so you know the bias before taking a trade.
Pine Script® indicator
by anu_tarang
FTFC (FULL TIMEFRAME CONTINUITY) STRATThe Strat FTFC Command Center is an all-in-one visual toolkit designed to eliminate the guesswork from Timeframe Continuity. Based on the teachings of Rob Smith, this indicator tracks the opening prices of 6 critical timeframes simultaneously. It provides a real-time "Command Center" (HUD) to monitor price distance from openings and identifies the exact "FTFC Thresholds" where the Daily, Weekly, and Monthly charts align for high-probability trade entries. Note: 1 hour/60 minute timeframe should be taken into account for FTFC as per STRAT/Rob Smith as well, but most traders who trade STRAT watch 60 min timeframe so it's left to the discretion of the trader to watch whether or not the 60 min aligns with D, W, M and/or their trade plan or not. Key Features Dynamic FTFC Thresholds: Automatically calculates and draws the FTFC Green and FTFC Red lines. When price clears these levels, you have full continuity in your favor. 6-Timeframe HUD: A customizable table tracking the status (Bullish/Bearish) and price-distance for 1H, Daily, Weekly, Monthly, 3-Month, and 12-Month timeframes. Opening Level Rays: Draws and labels automated horizontal rays for all major opening price levels. Continuity Signal Dots: Visual "Go/No-Go" dots at the bottom of the chart that only illuminate when price achieves Full Timeframe Continuity (D, W, M green/red). Customizable Settings Guide 1. Opening Level Rays Show Opening Rays: Toggle the visibility of the 6 individual timeframe opens. Ray Style/Color: Globally control the aesthetic of the level lines (Solid, Dotted, or Dashed). Ray Label Offset: Move the text labels into the "future" (right of price) to keep the current price action clear. Placement: Choose if labels sit Above, Below, or Centered on the line. 2. FTFC Thresholds (The "Triggers") Show Threshold Lines: Toggles the thick Green/Red FTFC levels. Independent Offset: Set a separate horizontal offset for these labels (e.g., keep them further to the right than standard rays for a visual hierarchy). Label Toggle: Turn labels off while keeping the lines visible for a cleaner look. 3. UI & Table Customization Table Position: Place the HUD in any of the 8 corners/sides of the chart. Orientation: Switch between Vertical (list) and Horizontal (ribbon) layouts to match your screen real estate. Size Toggles: Adjust the font/table size (Small, Normal, Large) and the Continuity Signal Dot size (Tiny, Small, Normal). Risk Disclosure: Trading involves significant risk. This indicator is an analytical tool designed to visualize price action based on historical opening levels; it is not a financial advisor or a signal service. Past performance is not indicative of future results. Always use proper risk management and consult your own trading plan before executing entries. The author is not responsible for any financial losses incurred through the use of this script.
Pine Script® indicator
by GammaSTRAT