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BTC Momentum Strategy Ver2.0 by @AshokTrendThe BTC Momentum Strategy with LazyBear SQZMOM & Custom SL + Angle Filter is a technical trading strategy that blends multiple proven concepts to capture favorable momentum trades in Bitcoin or other assets. ### Core Components - **LazyBear Squeeze Momentum Indicator (SQZMOM):** This indicator identifies low volatility "squeeze" periods when Bollinger Bands contract inside Keltner Channels, signaling potential explosive moves once the squeeze releases. The strategy uses momentum derived from linear regression on price to judge trade direction—positive momentum favors longs, negative momentum favors shorts. - **EMA 200 Trend Filter:** The 200-period Exponential Moving Average defines the prevailing trend. Trades are taken long only if price is above the EMA and short if below, reducing risk of countertrend entries. - **Price Movement Angle Filter:** The strategy calculates the angle of recent price movement over a lookback period. Entries require a price angle greater than 27 degrees for longs and less than -27 degrees for shorts, confirming strong directional momentum and filtering out weak moves. - **Stop Loss Management:** A custom stop loss in fixed points distance from the entry price manages risk, protecting capital if the market moves against the trade. - **Trading Time Window:** The strategy trades only during Indian market hours (4:00 AM to 11:00 PM IST), filtering trades to relevant active market sessions. - **Swing Levels:** Recent swing highs and lows are used as additional confirmation levels for entries and exits, helping to time trade triggers more precisely. ### How Trades Are Executed - **Long Entry:** When trading hours are active, SQZMOM indicates bullish momentum (momentum histogram positive and squeeze released), price is in an uptrend (above EMA 200), the current close is above recent swing highs, and the price movement angle exceeds 27 degrees, the strategy enters a long position. - **Short Entry:** When trading hours are active, SQZMOM shows bearish momentum (momentum histogram negative and squeeze released), price is in a downtrend (below EMA 200), the current close is below recent swing lows, and the price movement angle is less than -27 degrees, the strategy enters a short position. - **Exits:** Positions are closed either when price breaches opposite swing levels, momentum conditions reverse, or trading hours end. Stop losses are also triggered if price moves unfavorably by the defined points. ### Strategy Benefits - Detects volatility contractions and momentum expansions for potentially strong directional moves. - Reduces false entries with the EMA trend and angle momentum filters. - Manages risk actively with stop losses and time-based filters. - Combines multiple technical tools — momentum, trend, volatility, price structure — for a holistic approach. This strategy tends to work best on active higher timeframes where trends and momentum have clarity and is designed for disciplined, momentum-focused trading with robust trade management. Concepts used- SMC TRednline Breaout, Timefram-15M or Higher For better Result. Note-We are not SEBI-Registered, Graphs, charts, and tables are provided for illustrative purposes only. Investing is subject to market risks. Investors acknowledge and accept the potential loss of some or all of an investment's value.Please consult your financial advisor before taking any decision. Please whatsapp only=7835983697.
Pine Script® strategy
by ashok137a
Tristan's Three Line Strike PatternThree Line Strike Indicator (5-Minute Timeframe) This indicator highlights Three Line Strike candlestick patterns on a 5-minute chart . The Three Line Strike is a rare four-candle formation that often signals trend continuation rather than reversal. Bullish Three Line Strike (green “3LS long” above the candle): Three strong bullish candles in a row are followed by a large bearish candle that completely engulfs the prior three. Despite looking bearish, this setup often indicates strength in the uptrend. Bearish Three Line Strike (red “3LS sell” below the candle): Three consecutive bearish candles are followed by a large bullish engulfing candle. Although it looks like a reversal, the downtrend commonly resumes. How to use on the 5-min chart: Watch for the labels marking the pattern. A bullish signal suggests that the upward move is likely to continue after the engulfing candle. A bearish signal suggests that the downtrend is likely to continue after the engulfing candle. These signals are not entry/exit triggers on their own—I suggest you combine them with trend confirmation (e.g., moving averages, momentum indicators, or volume analysis) before acting. Use good risk management, and don't buy / sell based on these indicators alone.
Pine Script® indicator
by OhRayOhRay
Professional Multi-Coin Breakout Scanner [Blofin Perpetuals]Professional Multi-Coin Breakout Scanner The **Professional Multi-Coin Breakout Scanner ** is a sophisticated technical analysis tool designed to monitor multiple cryptocurrency perpetual contracts simultaneously on the Blofin exchange. It identifies high-probability breakout opportunities using a confluence-based approach that combines multiple proven technical indicators. This scanner employs a **multi-indicator confluence system** that generates trading signals only when multiple technical conditions align. This approach significantly reduces false signals and increases the probability of successful trades. The scanner operates on **hourly timeframes (H1)**, 15 mins, 4hour & Daily. I personally experience 1 hour and 4hour timeframe with good results, providing a balance between signal frequency and reliability. #### Why It's Effective: - **Institutional Activity**: High volume often indicates institutional participation - **Breakout Validation**: Real breakouts typically have volume support - **Liquidity Confirmation**: Ensures sufficient market interest in the move ### Signal Strength Levels: 1. **NEUTRAL** (Default State) - Insufficient confluence of indicators - Mixed or conflicting signals - Market in consolidation 2. **BUY/SELL** (Normal Signal) - Minimum 2 indicators confirming direction - Clear directional bias - Moderate confidence level 3. **STRONG BUY/SELL** (High Conviction) - 3 or more indicators aligned - Strong momentum confirmation - High probability setup ### Signal Strength Levels: 1. **NEUTRAL** (Default State) - Insufficient confluence of indicators - Mixed or conflicting signals - Market in consolidation 2. **BUY/SELL** (Normal Signal) - Minimum 2 indicators confirming direction - Clear directional bias - Moderate confidence level 3. **STRONG BUY/SELL** (High Conviction) - 3 or more indicators aligned - Strong momentum confirmation - High probability setup --- ## 📋 Display Components ### 1. **Scanner Table** - **Real-time Overview**: Shows all monitored perpetual contracts - **Price & Change**: Current price and percentage change - **Signal Status**: LONG/SHORT/NEUTRAL positions - **Indicator Status**: Individual indicator confirmations (↑/↓/•) - **Score**: Numerical representation of signal strength ### 2. **On-Chart Labels** - Appears when viewing a scanned symbol - Shows signal type and strength - Displays confluence score (e.g., "3/4") - Positioned above/below price for visibility ### 3. **Market Overview Panel** - **Active Contracts**: Number of monitored symbols - **Market Bias**: Overall bullish/bearish sentiment - **Signal Distribution**: Count of long vs short signals - **Strong Signals**: Number of high-conviction setups ### 4. **Visual Elements** - **Moving Averages**: 20 and 50-period MAs for trend context - **Background Tinting**: Subtle green/red based on market sentiment - **Color Coding**: - Green: Bullish/Long signals - Red: Bearish/Short signals - Orange: Strong signals - Gray: Neutral state --- ## 🎯 Trading Application ### Entry Strategy: 1. **Wait for Signal**: Monitor table for BUY/SELL signals 2. **Confirm Strength**: Prioritize STRONG signals (3+ indicators) 3. **Check Volume**: Ensure volume spike confirmation 4. **Verify Trend**: Use MA lines for trend context 5. **Execute Trade**: Enter position in signal direction ### Risk Management: - **Stop Loss**: Use ATR value for volatility-adjusted stops - **Position Sizing**: Stronger signals (higher scores) = larger positions - **Multiple Timeframes**: Confirm H1 signals with H4/D1 trends - **Correlation**: Monitor overall market bias from scanner ### Best Practices: 1. **Focus on Strong Signals**: Higher confluence = higher probability 2. **Trade with Trend**: Use MAs to confirm overall direction 3. **Volume Confirmation**: Prioritize signals with volume spikes 4. **Market Context**: Consider overall scanner bias (bullish/bearish) 5. **Risk Control**: Never risk more than 1-2% per trade This scanner combines four powerful technical indicators into a unified system that identifies high-probability breakout opportunities across multiple perpetual contracts. By requiring confluence between indicators, it significantly reduces false signals while capturing strong trending moves. The visual presentation and alert system enable traders to monitor multiple markets efficiently and act quickly on opportunities. **Key Advantages:** - Multi-indicator validation reduces false signals - Automatic scanning saves time and captures opportunities - Professional visualization aids quick decision-making - Adaptable parameters suit different trading styles - Proven technical analysis principles ensure reliability The scanner is particularly effective for: - Swing traders seeking hourly breakouts - Day traders monitoring multiple contracts - Systematic traders requiring objective signals - Risk-conscious traders preferring confluence confirmation
Pine Script® indicator
by thrivesyd
POPS 20-50-200 Color🎯 Color Logic Phase 1 — Trend (20/50 cross): 🟢 Green candles: 20-MA is above 50-MA (bullish momentum) 🔴 Red candles: 20-MA is below 50-MA (bearish pressure) Phase 2 — Market Direction Override (200-MA): 🟢 If price is above 200-MA → overall bullish environment 🔴 If price is below 200-MA → overall bearish environment (The 200-MA overrides the color, just like ThinkorSwim’s last AssignPriceColor.) 🧠 Trading Tips Use this on any timeframe (2-min to daily). When all candles are green → strong uptrend confirmation. When red below 200-MA → stay defensive or short setups only. Combine with volume, Fibonacci, or Pops EMA Fan for perfect momentum confirmation. 💎 Pro Pops Tip If you want to layer signals cleanly, add: Pops 13-48-200 EMA Fan → to gauge trend strength Pops Thicc Volume Study → to confirm momentum bursts Together, they create the “POPS Momentum Stack” — your best friend for finding strong breakouts and clean entries.
Pine Script® indicator
by PopsStock
Zeussy 3-6-9 Indicator (NY) – Paid Trial - Trial VersionZeussy 3-6-9 Indicator (NY) – Trial Version An innovative trading indicator based on the Zeussy 3-6-9 timing system, supporting New York time. Key Features: Dynamic Candlestick Colors: Clear coloring for bullish and bearish candles. Zeussy Labels: Hour+Minute labels for sums 3, 6, 9. Minute-only labels for sums 3, 6, 9. Vertical Line at Minute 45 to highlight key time points. Daily Statistics: Counts of Zeussy Hour+Minute and Zeussy Minute-only occurrences. 3-Day Trial: All premium features are active automatically for 3 days from the first bar on any chart. Countdown Timer: Shows remaining days and hours during the trial period. After the trial expires: all premium features are disabled, and a red warning appears: "Trial Expired! Please Purchase Paid Version" Sound Alerts when Zeussy Labels appear (can be enabled/disabled). Customizable Options: Candle colors, Zeussy Label colors, label size, show/hide trial text, show/hide table and lines. 💰 Purchase Full Version: $30. Contact me directly to buy a permanent license.
Pine Script® indicator
by adamsweden
Aggregation Index SmoothedAggregation Index Smoothed (AIS) - Multi-Method Trend Consensus Oscillator What This Indicator Does The Aggregation Index Smoothed combines four independent trend-detection methodologies into a unified momentum oscillator that operates across multiple timeframes simultaneously. Unlike traditional single-method indicators that can produce conflicting or false signals during market transitions, AIS requires consensus agreement across all four calculation methods before confirming trend direction. Technical Methodology Four-Component Loop System Each component analyzes 16 different lookback periods (default range: 5-20 bars), creating a multi-timeframe perspective within a single calculation: 1. Price Change Analysis Measures directional price movement across all periods. Each period scores +1 for positive change or -1 for negative change. Results are averaged and scaled to ±100. 2. RSI Multi-Period Analysis Evaluates Relative Strength Index values across the same 16 periods. Scores +1 when RSI > 50 (momentum favoring bulls) or -1 when RSI < 50 (momentum favoring bears). This captures overbought/oversold conditions across multiple timeframes. 3. EMA Trend Position Compares current price against Exponential Moving Averages of varying lengths (5-20 periods). Scores +1 when price trades above EMA (uptrend) or -1 when below (downtrend). This identifies trend alignment across short, medium, and longer-term moving averages. 4. Momentum Rate-of-Change Calculates price momentum across all periods using the mom() function. Scores +1 for positive momentum or -1 for negative momentum, detecting acceleration and deceleration patterns. Aggregation Process Each of the four indicators independently calculates scores across all 16 periods Individual indicator scores are averaged (range: -100 to +100) All four indicator averages are combined using arithmetic mean The resulting index undergoes EMA smoothing (default: 20 periods) Optional double-smoothing applies a second EMA pass for maximum noise reduction Why This Approach Is Unique Problem Solved: Traditional oscillators often conflict - RSI might be bullish while MACD is bearish, or stochastic shows oversold while price trend is clearly down. Traders waste time reconciling these contradictions. Solution: AIS eliminates conflicts by design. A bullish signal (+10 threshold) means all four methods across all 16 timeframes agree on upward momentum. This consensus approach dramatically reduces whipsaws and false signals compared to using any single method. Technical Advantage: The for-loop methodology validates each signal across a spectrum of timeframes (5 bars through 20 bars), ensuring the trend is confirmed in both immediate-term and intermediate-term contexts. This is mathematically equivalent to running 64 separate indicators (4 methods × 16 periods) and requiring majority agreement. Signal Generation Long Signal (Bullish): Index crosses above +10 threshold Indicates all four methods confirm upward momentum across multiple timeframes Sustained readings above +10 suggest strong trend continuation Short Signal (Bearish): Index crosses below -10 threshold Indicates all four methods confirm downward momentum across multiple timeframes Sustained readings below -10 suggest strong downtrend Neutral Zone (-10 to +10): Mixed signals or consolidation Methods disagree on direction, suggesting choppy or range-bound conditions Avoid trend-following strategies in this zone How to Use This Indicator Best Practices Timeframe Selection: Most effective on 4-hour charts and higher (Daily, Weekly) Lower timeframes (1H, 15m) may produce excessive signals despite smoothing The 16-period loop range is optimized for swing trading timeframes Entry Strategy: Wait for index to cross threshold levels (±10) Confirm with price action (breakout, support/resistance levels) Consider entering on first pullback after threshold cross for better risk/reward Parameter Adjustment: Volatile instruments (crypto, small-caps): Increase thresholds to ±15 or ±20 to filter noise Stable instruments (large-cap stocks, indices): Reduce thresholds to ±5 for earlier signals Smoothing Length: Increase to 30+ for cleaner signals; decrease to 10-15 for faster response Double Smoothing: Keep enabled for trend following; disable for more reactive signals Risk Management: Exit longs when index drops back into neutral zone (below +10) Exit shorts when index rises into neutral zone (above -10) Use index slope as trend strength indicator (steeper = stronger) Interpretation Guidelines Strong Trending Conditions: Index sustained above +50 or below -50 indicates powerful directional move All four methods showing extreme agreement across all timeframes High probability of trend continuation Trend Exhaustion Signals: Index reaches extreme levels (+80 to +100 or -80 to -100) Potential reversal zone; watch for divergence with price Consider taking partial profits on existing positions Divergence Detection: Price makes new highs while index fails to confirm = bearish divergence Price makes new lows while index shows higher lows = bullish divergence Divergences on 4H+ timeframes carry significant weight Limitations and Considerations Not Suitable For: Scalping or very short-term trading (under 1-hour timeframes) Range-bound markets with no clear trend (index oscillates in neutral zone) Instruments with erratic, news-driven price action Known Lag: Double smoothing introduces 40+ bar delay in signal generation Designed for trend confirmation, not early trend detection Fast market reversals may produce late exit signals Complementary Tools: Combine with support/resistance levels for entry precision Use with volume analysis to confirm signal strength Pair with volatility indicators (ATR) for position sizing Technical Implementation Notes The indicator pre-calculates all RSI and EMA values for lengths 5-20 to comply with Pine Script's requirement for constant-length parameters in ta.rsi() and ta.ema() functions. This workaround allows dynamic loop-based analysis while maintaining calculation consistency on every bar. The scoring methodology uses binary classification (+1/-1) rather than normalized percentage values to ensure equal weighting across all four methods, preventing any single indicator from dominating the aggregate signal. Summary: The Aggregation Index Smoothed provides trend confirmation through multi-method consensus across variable timeframes. Its primary value is eliminating the confusion of conflicting indicator signals by requiring agreement from four independent trend calculations before generating actionable signals. Best suited for swing traders and position traders on 4-hour and higher timeframes seeking high-probability trend-following entries with reduced false signals.
Pine Script® indicator
by Av4link
Charles PO3# Charles PO3 - Release Notes ## 📊 Introduction **Charles PO3** is a powerful PO3 (Power of 3) indicator designed for traders who need to simultaneously observe **Higher Time Frame (HTF)** price action on **Lower Time Frame (LTF)** charts. This indicator draws multiple HTF candles on the right side of the chart and connects the current price to the HTF **Open, High, and Low** with dynamic projection lines. It helps you: - View **Daily/Weekly** structure on a minute chart. - Track HTF key price levels in **real time**. - Better understand **multi-timeframe trend relationships**. - Improve **timeframe consistency** in your trading decisions. **Applicable Markets**: Forex, Futures, Stocks, Cryptocurrencies, and all other financial markets. This script is based on the (www.google.com) created by (www.google.com). This indicator is released under TradingViews default license (Mozilla Public License 2.0) ----- ## ✨ Core Features ### 🕐 Smart Timeframe Management - **Automatic Timeframe Selection**: Automatically selects a suitable HTF based on the current chart period (optionally 1 or 2 levels of progression). - **Manual Timeframe**: Supports custom selection of any timeframe (15 minutes, 1 hour, 4 hours, Daily, Weekly, etc.). - **Custom Opening Time**: Supports custom HTF candle opening time and timezone (useful for non-standard trading sessions). ### 📈 Candle Display - **Configurable Quantity**: Display 1-20 HTF candles (default 5). - **Three Sizes**: Small, Medium, Large candles available. - **Two Types**:   - Standard Candles   - Heikin Ashi (Smoothed Candles) - **Custom Colors**:   - Bullish (Up) Candles: Independent color settings for body, wick, and border.   - Bearish (Down) Candles: Independent color settings for body, wick, and border. - **Position Adjustment**: Adjustable offset from the right edge of the chart and spacing between candles. ### 🎯 Dynamic Projection Lines - **Open Price Projection**: Extends from the HTF Open price to the center of the current candle. - **High/Low Projection**: Extends from the HTF High/Low to the center of the current candle. - **Real-Time Updates**: Projection lines automatically update their starting point upon price breakthrough. - **Customizable Style**:   - Three line styles: Solid, Dashed, Dotted.   - Adjustable color and width.   - Independent On/Off switches. ### 🏷️ OHLC Price Labels - **Real-Time Price Display**: Shows O/H/L/C prices to the right of the latest HTF candle. - **Six Font Sizes**: Auto, Tiny, Small, Normal, Large, Huge. - **Follows Candle Movement**: Label position updates dynamically with the candle. ### 🕒 Smart Time Labels - **Adaptive Format**:   - **Daily**: Displays the day of the week (Mon, Tue, Wed...).   - **Weekly**: Displays Month-Day (10-05, 10-12...).   - **Other Timeframes**: Displays Hour:Minute (14:30, 21:00...). - **Asset Type Recognition**:   - **Forex/Futures**: Automatically adjusts to display trading days (Mon-Fri).   - **Crypto**: Displays actual date (7 days a week). - **Center Alignment**: Time label is positioned below the center of the candle. - **Customizable Color**: Supports adjusting text color (default gray). ### 📊 HTF Data Mode - **Weekly**: Only use HTF data to generate projections when on a weekly chart. - **Always**: Always use HTF data. - **Never**: Always use LTF data to construct the HTF candles. ### 🐛 Debug Tools - **Debug Table**: Real-time display of indicator status (parameters, candle count, label count, etc.). - **Pine Logs**: Detailed logs for timestamp conversions and label creation. - **Optional Switch**: Debug features can be disabled in a production environment to improve performance. ----- ## ⚙️ Parameter Descriptions ### 📁 Settings (Basic Settings) | Parameter | Type | Default | Description | |---|---|---|---| | **Timeframe** | Timeframe | Blank (Auto) | Sets the HTF timeframe; leave blank for automatic selection. | | **Set Automatically** | Boolean | ✅ | Enables automatic timeframe selection. | | **Two Levels** | Boolean | ✅ | Use 2 levels of progression (e.g., 15min→4H); off uses 1 level (15min→1H). | | **Number of HTF Candles** | Integer | 5 | Number of HTF candles to display (1-20). | | **Offset** | Integer | 10 | Bar offset of the candle group from the right edge of the chart. | | **Size** | Option | Medium | Candle size: Small / Medium / Large. | | **Type** | Option | Candles | Candle type: Candles (Standard) / Heikin Ashi (Smoothed). | | **Margin** | Integer | 1 | Spacing between candles (in bars). | | **Use HTF data to generate candles** | Option | Weekly | Weekly / Always / Never. | ### 🟢 Up Candles (Bullish Candles) | Parameter | Type | Default | Description | |---|---|---|---| | **Body** | Color | \#6ba583 | Color for the bullish candle body. | | **Wick** | Color | Black | Color for the bullish candle wick. | | **Border** | Color | Black | Color for the bullish candle border. | ### 🔴 Down Candles (Bearish Candles) | Parameter | Type | Default | Description | |---|---|---|---| | **Body** | Color | \#d75442 | Color for the bearish candle body. | | **Wick** | Color | Black | Color for the bearish candle wick. | | **Border** | Color | Black | Color for the bearish candle border. | ### 📏 Projections (Projection Lines & Labels) #### Open Price Projection Line | Parameter | Type | Default | Description | |---|---|---|---| | **Open** | Boolean | ✅ | Show Open price projection line. | | ⚫ **Color** | Color | Translucent Black | Open price line color. | | **Style** | Option | Dotted | Solid / Dotted / Dashed. | | **Width** | Integer | 1 | Line width (1-5). | #### High/Low Projection Lines | Parameter | Type | Default | Description | |---|---|---|---| | **High/Low** | Boolean | ✅ | Show High/Low projection lines. | | ⚫ **Color** | Color | Translucent Black | High/Low line color. | | **Style** | Option | Dotted | Solid / Dotted / Dashed. | | **Width** | Integer | 1 | Line width (1-5). | #### OHLC Price Labels | Parameter | Type | Default | Description | |---|---|---|---| | **OHLC Prices** | Boolean | ✅ | Show price labels. | | ⚫ **Color** | Color | Translucent Black | Text color. | | **Size** | Option | Auto | Auto / Tiny / Small / Normal / Large / Huge. | #### HTF Time Labels | Parameter | Type | Default | Description | |---|---|---|---| | **HTF Time** | Boolean | ✅ | Show time labels. | | **Time Label Color** | Color | Gray | Time text color. | ### 🕐 Custom Opening Time (Custom Opening Time) | Parameter | Type | Default | Description | |---|---|---|---| | **Use Custom Opening Time?** | Boolean | ❌ | Enable custom opening time. | | **Timezone** | Option | Exchange | Timezone selection (using Timezone library). | | **Time (hh:mm)** | Time | 02:00 | Custom opening time (hour:minute). | ### 🐛 Debug (Debugging) | Parameter | Type | Default | Description | |---|---|---|---| | **Enable Debug Info** | Boolean | ❌ | Enable Pine Logs for detailed logging. | | **Show Debug Table** | Boolean | ✅ | Display the debug info table in the top right corner. | ----- ## 🎓 Usage Recommendations ### Recommended Timeframe Combinations - **1-Minute Chart** → HTF: 15 Minutes - **5-Minute Chart** → HTF: 1 Hour - **15-Minute Chart** → HTF: 4 Hours - **1-Hour Chart** → HTF: Daily - **4-Hour Chart** → HTF: Weekly - **Daily Chart** → HTF: Weekly/Monthly ### Best Practices 1. **Trend Trading**: Use the Daily HTF on a 1-Hour chart to ensure you are trading with the higher-timeframe trend. 2. **Support/Resistance**: The HTF High/Low projection lines serve as natural support and resistance levels. 3. **Open Breakout**: Observe the HTF Open price projection line to catch directional breakouts after the open. 4. **Time Synchronization**: Use the time labels to understand the lifecycle stage of the HTF candle. 5. **Multi-Timeframe Confirmation**: Observe multiple HTF candles simultaneously to confirm trend consistency. ----- ## 📌 Version Information - **Version**: 1.0 - **Pine Script**: v6 - **Dependency Library**: `n00btraders/Timezone/1` - **Chart Limitations**:   - Max historical bars: 500   - Max Box objects: 500   - Max Label objects: Default (TradingView limit) ----- **Happy Trading\! 📈**
Pine Script® indicator
by Kobanzame2R
JC Golden Ratio GTM (1.272 / 1.618 / 2.000)This Pine Script automatically detects recent swing highs and lows, then projects golden ratio Fibonacci extensions (1.272, 1.618, and 2.000) above and below price to highlight potential profit targets or resistance zones. The blue, gold, and orange lines visualize each ratio, updating dynamically as new pivots form. Labels appear on the right edge of the chart showing each level — the golden 1.618 line even drops a playful “💰 GET THAT MONEY HERE” tag to mark the key Fibonacci extension often used as a target zone in technical trading.
Pine Script® indicator
by Jeyson-Eightyfo
Quarterly Theory [@kaleboraciy]🧠 Daye Quarterly Theory is based on the idea that markets often move in repeating cycles. Each part of the cycle reflects a stage of the market Consolidation Manipulation Distribution Reversal/Continuation This is a classic AMD-X pattern, which is widely used in SMC & ICT concepts. By spotting these phases, traders can better understand where the market might be heading next. ⭐ An important feature of this indicator is the Fibonacci levels, which are calculated in a clever way on the Q1 part of each cycle. You can use this levels for precise entries on manipulation in Q2 📖 Now I want to give brief description of each cycle: Daily Cycle - the day can be broken down into 6 hour quarters Q1 - 18:00 - 00:00 Asia. Q2 - 00:00 - 06:00 London (True Open). Q3 - 06:00 - 12:00 NY AM. Q4 - 12:00 - 18:00 NY PM. Pro tips: Q2 often lines up with the session’s True Open - a key reference for directional bias. Q3 tends to show the most directional momentum during the trading day. Q4 is a critical zone for judging whether the day will extend the move or retrace. Weekly Cycle - Daye determined that although the trading week is composed of 5 trading days, we should ignore Friday, and the small portion of Sunday’s price action: Q1 - Monday Q2 - Tuesday (True Open, Daily Candle Open Price). Q3 - Wednesday. Q4 - Thursday. Pro tips: Wednesday (Q3) often provides the week’s strongest directional movement - many trades target this zone. Tuesday’s manipulation (Q2) may shake out weak positions or set up the directional swing - be careful Thursday (Q4) helps confirm whether the weekly trend continues or reverses. Monthly Cycle - considering that we have four weeks in a month, we start the cycle on the first Monday of the month (regardless of the calendar Day): Q1 - Week 1: first Monday of the month. Q2 - Week 2: second Monday of the month (True Open, Daily Candle Open Price). Q3 - Week 3: third Monday of the month. Q4 - Week 4: fourth Monday of the month. I hope, that this awesome tool will boost your trading 💰
Pine Script® indicator
by kaleboraciy
3/4-Bar GRG / RGR Pattern (Conditional 4th Candle)This indicator can be used to identify the Green-Red-Green or Red-Green-Red pattern. It is a price action indicator where a price action which identifies the defeat of buyers and sellers. If the buyers comprehensively defeat the sellers then the price moves up and if the sellers defeat the buyers then the price moves down. In my trading experience this is what defines the price movement. It is a 3 or 4 candle pattern, beyond that i.e, 5 or more candles could mean a very sideways market and unnecessary signal generation. How does it work? Upside/Green signal Say candle 1 is Green, which means buyers stepped in, then candle 2 is Red or a Doji, that means sellers brought the price down. Then if candle 3 is forming to be Green and breaks the closing of the 1st candle and opening of the 2nd candle, then a green arrow will appear and that is the place where you want to take your trade. Here the buyers defeated the sellers. Sometimes candle 3 falls short but candle 4 breaks candle 1's closing and candle 2's opening price. We can enter on candle 4. Important - We need to enter the trade as soon as the price moves above the candle 1 and 2's body and should not wait for the 3rd or 4th candle to close. Ignore wicks. I have restricted it to 4 candles and that is all that is needed. More than that is a longer sideways market. I call it the +-+ or GRG pattern. Stop loss can be candle 2's mid for safe traders (that includes me) or candle 2's body low for risky traders. Back testing suggests that body low will be useless and result in more points in loss because for the bigger move this point will not be touched, so why not get out faster. Downside/Red signal Say candle 1 is Red, which means sellers stepped in, then candle 2 is Green or a Doji, that means buyers took the price up. Then if candle 3 is forming to be Red and breaks the closing of the 1st candle and opening of the 2nd candle then a Red arrow will appear and that is the place where you want to take your trade. Sometimes candle 3 falls short but candle 4 breaks candle 1's closing and candle 2's opening price. We can enter on candle 4. We need to enter the trade as soon as the price moves below the candle 1 and 2's body and should not wait for the 3rd or 4th candle to close. I have restricted it to 4 candles and that is all that is needed. More than that is a longer sideways market. I call it the -+- or RGR pattern. Stop loss can be candle 2's mid for safe traders ( that includes me) or candle 2's body high for risky traders. Back testing suggests that body high will be useless and result in more points in loss because for the bigger move this point will not be touched, so why not get out faster. Important Settings You can enable or disable the 4th candle signal to avoid the noise, but at times I have noticed that the 4th candle gives a very strong signal or I can say that the strong signal falls on the 4th candle. This is mostly a coincidence. You can also configure how many previous bars should the signal be generated for. 10 to 30 is good enough. To backtest increase it to 2000 or 5000 for example. Rest are self explanatory. Pointers If after taking the trade, the next candle moves in your direction and closes strong bullish or bearish, then move SL to break even and after that you can trail it. If a upside trade hits SL and immediately a down side trade signal is generated on the next candle then take it. Vice versa is true. Trades need to be taken on previous 2 candle's body high or low combined and not the wicks. The most losses a trader takes is on a sideways day and because in our strategy the stop loss is so small that even on a sideways day we'll get out with a little profit or worst break even. Hold targets for longer targets and don't panic. If last 3-4 days have been sideways then there is a good probability that day will be trending so we can hold our trade for longer targets. Target to hold the trade for whole day and not exit till the day closes. In general avoid trading in the middle of the day for index and stocks. Divide the day into 3 parts and avoid the middle. Use Support/Resistance, 10, 20, 50, 200 EMA/SMA, Gaps, Whole/Round numbers(very imp) for identifying targets. Trail your SL. For indexes I would use 5 min and 15 min timeframe. For commodities and crypto we can use higher timeframe as well. Look for signals during volatile time durations and avoid trading the whole day. Signal usually gives good targets on those times. If a GRG or RGR pattern appears on a daily timeframe then this is our time to go big. Minimum Risk to Reward should be 1:2 and for longer targets can be 1:4 to 1:10. Trade with small lot size. Money management will happen automatically. With small lot size and correct Risk-Re ward we can be very profitable. Don't trade with big lot size. Stay in the market for longer and collect points not money. Very imp - Watch market and learn to generate a market view. Very imp - Only 4 candles are needed in trading - strong bullish, strong bearish, hammer, inverse hammer and doji. Go big on bearish days for option traders. Puts are better bought and Calls are better sold. Cluster of green signals can lead to bigger move on the upside and vice versa for red signals. Most of this is what I learned from successful traders (from the top 2%) only the indicator is mine.
Pine Script® indicator
by pranayjha
9