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On Balance Volume (OBV)

RSI Overpowered [Cartel Console]# RSI Overpowered RSI Overpowered is a momentum and volume-pressure analysis tool designed to provide a broader view of market strength by combining multiple volume-based market internals into a single composite oscillator framework. Instead of relying solely on traditional price-based RSI calculations, this indicator incorporates Relative Strength Index calculations derived from Positive Volume Index (PVI), Negative Volume Index (NVI), and On-Balance Volume (OBV). These components are blended into a Composite RSI that aims to highlight shifts in participation, accumulation, distribution, and momentum conditions. The indicator includes multiple layers of analysis: • Composite RSI built from PVI, NVI, and OBV RSI values • Smoothed signal line for trend and momentum comparison • Secondary RSI oscillator derived from the composite calculation • Configurable overbought and oversold zones • Trend filtering using Supertrend methodology • Bullish and bearish momentum signals with trend confirmation • Divergence detection between price and the Composite RSI • Dynamic area fills and visual momentum shading • Built-in alert conditions for key events ### How It Works The script first calculates three independent volume-based indexes: • Positive Volume Index (PVI) • Negative Volume Index (NVI) • On-Balance Volume (OBV) An RSI is then calculated for each component. The average of these values forms the Composite RSI, which is subsequently smoothed to reduce noise and improve readability. A secondary RSI oscillator is generated from the Composite RSI itself, creating an additional layer of momentum analysis that can help identify shifts in directional strength. ### Trend Confirmation To reduce counter-trend signals, the indicator incorporates a Supertrend-based trend filter. Bullish momentum signals are generated only when the trend filter indicates a bullish environment. Bearish momentum signals are generated only when the trend filter indicates a bearish environment. This approach helps align momentum events with broader directional market conditions. ### Divergence Detection The indicator automatically searches for potential divergences between price action and the Composite RSI. Bullish divergence may occur when price forms a lower low while the Composite RSI forms a higher low. Bearish divergence may occur when price forms a higher high while the Composite RSI forms a lower high. Divergence signals are visualized directly on the oscillator using pivot-based detection logic. ### Visualization Features • Composite RSI line • Smoothed signal line • Dynamic momentum fills • Overbought and oversold markers • Trend-filtered signal circles • Divergence labels and connecting lines • Momentum gradient visualization ### Alerts Included • Bullish Momentum Signal • Bearish Momentum Signal • Overbought Event • Oversold Event ### Notes This indicator is intended for market analysis and educational purposes only. Signals, divergences, trend filters, and oscillator conditions should be used alongside a complete trading plan and appropriate risk management techniques. No indicator can guarantee future market outcomes, and all market decisions remain the responsibility of the user.
Pine Script® indicator
by CartelConsole
Booker - Relative Volume SignalsBooker RVOL is a momentum breakout indicator designed to identify stocks experiencing unusual buying pressure during the regular trading session. The indicator looks for a very specific setup often seen in high-momentum small-cap stocks: * Trading between a user-defined price range (default: $1–$20) * Up significantly on the day (default: +30% or greater) * Trading with meaningful liquidity (default: 500,000+ shares) * Relative Volume (RVOL) above a minimum threshold (default: 4x normal volume) * Price trading above both VWAP and the 9 EMA * A breakout above the premarket high * A bullish “drop-and-pop” pattern, where a red candle is immediately followed by a breakout candle When all conditions align, the indicator generates an LB RVOL signal and marks the chart. Included Features * Relative Volume (RVOL) calculation * Premarket high tracking * VWAP and 9 EMA trend confirmation * Daily gain and volume filtering * Customizable price range filters * Entry markers and RVOL labels * Alert support for automated notifications Default Philosophy The default settings are optimized for identifying explosive small-cap momentum stocks that are: * Gapping higher * Trading heavy volume * Holding above key intraday support levels * Breaking through important resistance levels Rather than generating frequent signals, LB RVOL focuses on finding rare, high-conviction momentum setups where multiple bullish factors are aligned at the same time. Signal Interpretation A signal does not guarantee a successful trade. Instead, it highlights a stock exhibiting: 1. Exceptional relative volume 2. Strong intraday trend structure 3. A breakout above premarket resistance 4. Evidence of continued buying pressure Many traders use these signals as a starting point for further analysis, including risk management, dilution risk assessment, chart pattern review, and broader market context. LB RVOL was built to help traders quickly identify stocks attracting institutional and speculative attention before significant intraday moves develop.
Pine Script® indicator
by robbooker
Smart Market Dashboard PRO Gap Trader EditionA comprehensive intraday dashboard designed specifically for Borsa Istanbul (BIST) equity traders. This indicator focuses on opening gap analysis, combining volume, delta, and price action to help traders make informed decisions at market open. Key Features: Gap Detection & Classification – Automatically identifies and labels opening gaps (Full Gap Up/Down, Partial Gap Up/Down) with configurable minimum gap % threshold Volume & Delta Analysis – Displays real-time cumulative delta, buy/sell volume ratio, and VWAP deviation Multi-Timeframe Data – Fetches previous day’s OHLCV data to calculate gap reference levels accurately Visual Dashboard – A clean on-chart table showing key metrics: gap size, volume trend, delta direction, and gap fill probability Smart Alerts – Configurable alerts for gap setups, gap fill events, and volume anomalies How It Works: Gap levels are calculated using End-of-Day (previous session close) as the reference price All calculations are based on confirmed bar data (barmerge.lookahead_off) to prevent repainting on historical bars Recommended Usage: Timeframe: 1–15 minute charts Market: BIST stocks (optimized for Turkish market open at 10:00 AM) Works best during the first 30–60 minutes of the trading session Disclaimer: This indicator is for educational and informational purposes only. It does not constitute financial advice. Always manage your risk accordingly. Note: As with all intraday indicators, values may update within the current live bar until it closes
Pine Script® indicator
by shadi1982iphone
Single Candle Footprint v2 - EngineSingle Candle Footprint Delta Pro Single Candle Footprint Delta Pro is an order flow inspired indicator designed to visualize intrabar buying and selling pressure directly on each candle. Unlike traditional volume indicators that only show total volume, this script breaks each candle into multiple price levels and estimates the distribution of aggressive buying and selling activity using lower timeframe data. Features • Bid / Ask Footprint Visualization Displays a footprint-style ladder beside each candle: Left side: estimated selling volume (Bid) Right side: estimated buying volume (Ask) Each row represents a price level inside the candle range This allows traders to analyze how volume is distributed at different prices. • Delta Calculation The script calculates: Delta = Ask Volume - Bid Volume Positive delta indicates stronger buying pressure, while negative delta indicates stronger selling pressure. Delta helps identify: Aggressive buyers Aggressive sellers Momentum strength Potential exhaustion • Volume Point of Control (POC) Highlights the price level where the highest amount of volume occurred inside the candle. POC can act as: A short-term equilibrium level A reaction zone A potential retest area • Imbalance Detection Detects abnormal volume differences between buyers and sellers. Example: Ask: 3000 Bid: 500 The strong ratio suggests buyer imbalance. This helps identify areas where one side is dominating the auction. • Stacked Imbalance Identifies multiple consecutive price levels with strong imbalance. A stacked imbalance may indicate: Strong directional participation Institutional activity Aggressive order flow continuation • Absorption Detection Highlights situations where price movement and delta disagree. Examples: Bullish absorption: Price moves down Delta remains positive Meaning: Sellers are aggressive, but buyers absorb their selling pressure. Bearish absorption: Price moves up Delta turns negative Meaning: Buyers are aggressive, but sellers absorb the demand. • Unfinished Auction (UA) Detects extreme price levels where one side dominates without sufficient opposing volume. This can indicate an incomplete auction process and possible future price revisit. How It Works The indicator uses lower timeframe candles to estimate intrabar order flow: Lower timeframe bullish candles → estimated buying volume Lower timeframe bearish candles → estimated selling volume Because TradingView does not provide true exchange Bid/Ask volume data, this is an approximation of footprint behavior. For true order flow data, platforms with exchange-level market data may provide more precise Bid/Ask footprints. Recommended Use Combine with: Volume Profile VWAP Market Structure Liquidity zones Support / Resistance Best used to analyze: Absorption Breakout confirmation Failed breakouts Liquidity reactions Entry timing Note: This indicator is designed as an order flow visualization tool, not a standalone trading system. It should be interpreted together with price action and market context.
Pine Script® indicator
by phailamsaonana
OBV StdDev Trend BreakoutOverview OBV StdDev Trend Breakout is a volume-based trend indicator built on On-Balance Volume. It compares OBV against its moving average and applies standard deviation bands to identify meaningful breakout conditions, then uses the OBV relationship to its average as the trend filter to confirm bullish or bearish bias. How It Works The indicator calculates upper and lower standard deviation bands around OBV. A bullish signal is triggered when OBV breaks above the prior upper band while remaining above its moving average, indicating expanding upside volume pressure with trend confirmation. A bearish signal is triggered when OBV breaks below the prior lower band while remaining below its moving average, indicating expanding downside volume pressure with trend confirmation. Once a bias is established, it persists until the opposing condition is met. Visual Features OBV line color updates dynamically based on the current bullish or bearish state. Upper and lower standard deviation bands are calculated and used internally for breakout logic. A normalized OBV baseline at 1 provides a clean reference for whether OBV is above or below its average. Candle colors update to reflect the current OBV bias on the chart. Inputs SMA Period - controls the moving average length used as the trend baseline. Standard Deviation Length - controls the lookback for standard deviation band calculation. Standard Deviation Multiplier - adjusts the width of the bands. Alerts Bullish OBV Breakout: OBV breaks above the upper standard deviation band and remains above its moving average. Bearish OBV Breakout: OBV breaks below the lower standard deviation band and remains below its moving average.
Pine Script® indicator
by Nick_Joan
P&D Short Signal v4.0 [4H]═══════════════════════════════════════════════════════════ TRADINGVIEW PUBLISH — P&D Short Signal v4.0 Author: Kevko87 | Open Source ═══════════════════════════════════════════════════════════ TITLE: P&D Short Signal v4.0 — Pump & Dump Distribution Detector ─────────────────────────────────────────────────────────── SHORT DESCRIPTION (shown in search): ─────────────────────────────────────────────────────────── Detects post-pump distribution phases on crypto futures using OBV, RSI divergence, MFI, and Delta-Volume across 4H / 1H / Daily. Generates Tier 1 and Tier 2 short signals with auto TP/SL levels. ─────────────────────────────────────────────────────────── FULL DESCRIPTION: ─────────────────────────────────────────────────────────── ## P&D Short Signal v4.0 This indicator identifies **post-pump distribution phases** on crypto perpetual futures, designed to catch the dump after a Pump & Dump cycle. Built and validated on Bitget Futures over 30+ live trading sessions. --- ### How it works The indicator uses a **multi-timeframe confluence approach**: - **4H** — Base timeframe (OBV slope, RSI, MFI, Delta-Volume) - **1H** — OBV confirmation - **Daily** — Gate-keeper: coins with Daily OBV > 500M are skipped (high OBV = genuine buying pressure = no short) A signal fires only when multiple conditions align simultaneously, filtering out noise and false setups. --- ### Signal Tiers **🔴 TIER 1 — High Confidence (≥85%)** - Daily OBV < 500M (gate-keeper passes) - 4H OBV falling + 1H OBV falling (distribution confirmed) - RSI > 65 AND (bearish divergence OR below MA) - MFI > 75 AND falling for 2+ bars - Delta-Volume negative (optional, toggleable) **🟠 TIER 2 — Moderate Confidence (~70%)** - Daily OBV < 500M - 4H OBV falling - RSI > 65 - MFI > 65 AND falling **🔴 MFI Extreme Background Alert** - MFI ≥ 85 and falling with valid Daily OBV - Precursor warning — check OBV manually --- ### Auto TP / SL On every signal, the indicator automatically plots: - **SL**: Entry High + ATR × 3 (default) - **TP1**: −15% | **TP2**: −25% | **TP3**: −40% | **TP4**: −60% All levels fully adjustable via inputs. --- ### Status Table (top right) Live dashboard showing the current state of all filters: D-OBV · OBV 4H · OBV 1H · RSI · MFI · Delta · D-RSI · Signal · Trade --- ### Alerts Three built-in alert conditions: - 🔴 TIER 1 SHORT - 🟠 TIER 2 SHORT - ⚠️ MFI EXTREME Set alerts via TradingView's alert manager on any ticker. --- ### Recommended Usage - **Market**: Crypto perpetual futures (Bitget, Bybit, Binance) - **Timeframe**: 4H (indicator is built for 4H, do not use on other TFs) - **Best targets**: Low-cap coins after +30–50% pumps within 24h - **Risk management**: Always use the auto-generated SL. DCA entries recommended for high-ATR setups. --- ### Key Filter: Daily OBV Gate The most important filter in this system. If Daily OBV > 500M, the move has genuine buying pressure behind it — shorting against that is high risk. The indicator automatically skips these coins. --- ### Inputs | Parameter | Default | Description | |-----------|---------|-------------| | Daily OBV Max | 500M | Skip coins above this OBV | | OBV Slope Bars | 3 | Lookback for OBV direction | | RSI Length | 14 | Standard RSI period | | RSI Min for Entry | 65 | Minimum RSI for overbought | | Divergence Lookback | 5 | Bars for price/RSI divergence | | MFI Length | 14 | Standard MFI period | | MFI Min Tier 1 | 75 | MFI threshold for Tier 1 | | MFI Min Tier 2 | 65 | MFI threshold for Tier 2 | | MFI Extreme | 85 | Background alert level | | SL ATR Multiplier | 3.0 | Stop loss distance | | TP1–TP4 | 15/25/40/60% | Take profit levels | --- ### Changelog **v4.0** - Base timeframe changed from 1H to 4H (higher win rate in backtesting) - 5 bars on 4H = 20h = one full pump cycle captured - Tier 1: RSI divergence OR below MA (previously required both) - MTF structure: 4H base / 1H confirmation / Daily gate-keeper - Status table added --- *Open source. Use at your own risk. Not financial advice.* *Built by Kevko87 — validated on live crypto futures trading.*
Pine Script® indicator
by PferdeTrader
Trend Pulse OBVTrend Pulse OBV Strategy Trend Pulse OBV is an educational long-only strategy designed to study trend-channel breakouts that are confirmed by volume flow and a higher-level regime filter. The strategy combines three main ideas: 1. A Trend Pulse Channel breakout. 2. OBV confirmation using On-Balance Volume relative to its EMA. 3. A regime filter using price relative to an EMA. The purpose of the script is to test whether upside breakouts above an adaptive channel are more selective when confirmed by both volume accumulation and broader trend direction. This is a strategy script for research, backtesting, and forward-testing only. It is not financial advice, does not predict future price movement, and does not guarantee profitable results. Historical strategy results are hypothetical and can differ significantly from live trading because of slippage, commissions, liquidity, spread, execution quality, timeframe selection, and market regime changes. Core concept The strategy is built around a Trend Pulse Channel. The channel uses a smoothed filter based on the selected source price and a filtered true-range calculation to create an upper breakout band. A long entry can occur when price crosses above the Trend Pulse Channel upper band, but only if the selected confirmation filters are satisfied. The strategy does not open short positions. Entry logic A long entry occurs when all selected conditions are satisfied: * Price crosses above the Trend Pulse Channel upper band. * Price is within the selected date range. * The regime filter is satisfied, if enabled. * The OBV confirmation filter is satisfied, if enabled. * No long position is already open. The strategy is designed to avoid entering every channel breakout. Instead, it requires confirmation that price is breaking out while broader trend and volume conditions support the move. Trend Pulse Channel The Trend Pulse Channel is calculated from: * A selected source price, default HLC3. * A multi-pole smoothing filter. * A filtered true-range stream. * A range multiplier used to define the upper band. The upper channel band is used as the breakout trigger. The midline is used as a possible exit reference when the midline exit is enabled. OBV confirmation filter The OBV filter compares On-Balance Volume to an EMA of OBV. When the filter is enabled, long entries are allowed only when OBV is above its EMA. This is intended to require evidence that volume flow supports the upside breakout. This does not guarantee continuation. It only adds a volume-based confirmation condition to the channel breakout. Regime filter The regime filter compares price to a selected EMA. When enabled, long entries require price to be above the regime EMA. This is intended to reduce long entries during weaker or downward market environments. The regime EMA can also be used as an exit condition if the regime exit is enabled. Lag Mode Lag Mode applies a zero-lag style pre-transform to both the price source and the true-range stream before they are filtered. This can make the Trend Pulse Channel respond faster to new price movement, but it can also increase sensitivity and may create more false signals in choppy markets. Exit logic The strategy has multiple exit mechanisms: 1. ATR stop At entry, the script calculates a fixed stop price using the previous bar’s ATR multiplied by the selected ATR stop multiplier. This stop remains fixed after entry. 2. Midline exit When enabled, the strategy exits if price closes below the Trend Pulse Channel midline. 3. Regime EMA exit When enabled, the strategy exits if price closes below the regime EMA. The first active exit condition to trigger can close the position. Risk and position sizing The default strategy uses percent-of-equity position sizing. Users should review the default order size carefully before publishing or relying on backtest results. A large percent-of-equity allocation can make historical results look stronger or weaker than they would under more conservative risk assumptions. For public publication, users should use realistic position sizing, commission, and slippage assumptions that match the market being tested. Default strategy properties The script uses the following strategy properties: * Initial capital: 1,000 * Position sizing: percent of equity * Default order size: 70% of equity * Commission: 0.1% * Slippage: defined in the strategy settings * Pyramiding: 1 * Fill orders on standard OHLC: enabled * Calculate on every tick: disabled * Calculate on order fills: disabled * Bar magnifier: disabled * Process orders on close: disabled * Long-only execution These values are provided for testing and can be changed by the user. They should not be interpreted as recommended risk settings. Important backtesting note TradingView strategy results are simulations based on historical chart data. They are not live trading results. Backtest results can change significantly depending on: * Symbol. * Timeframe. * Date range. * Liquidity. * Spread. * Commission. * Slippage. * Position size. * Trend Pulse period. * Number of poles. * Range multiplier. * Lag Mode setting. * OBV EMA length. * Regime EMA length. * ATR length. * ATR stop multiplier. * Exit settings. * Market regime. Users should test the strategy on a sufficiently large number of trades and across different market conditions before drawing conclusions. A small sample of trades is not enough to evaluate a strategy reliably. How to use it A practical workflow is: 1. Select the symbol and timeframe to test. 2. Use a realistic date range that includes different market regimes. 3. Confirm that the strategy produces a sufficient number of trades. 4. Adjust commission and slippage to reflect the market being tested. 5. Review whether the percent-of-equity order size is suitable. 6. Compare results with the OBV filter on and off. 7. Compare results with the regime filter on and off. 8. Compare exits using the midline exit, regime exit, and ATR stop behavior. 9. Forward-test before considering any real-world use. Inputs Date Range * Start Date: first date included in the backtest. * End Date: last date included in the backtest. Trend Pulse Channel * Source: price source used in the channel calculation. * Poles: smoothing pole count used by the filter. * Period: main channel smoothing period. * Range Multiplier: controls the distance of the upper channel band. * Lag Mode: applies the zero-lag pre-transform before filtering. OBV Confirmation Filter * Require OBV > EMA(OBV, N): enables or disables OBV confirmation. * OBV EMA Length: EMA length applied to OBV. Regime Filter * Require close > regime EMA: enables or disables the regime filter. * Regime EMA Length: EMA length used for the regime filter. Exit Logic * Exit on close < TPC midline: exits when price closes below the channel midline. * Exit on close < regime EMA: exits when price closes below the regime EMA. Risk — ATR Stop * ATR Length: ATR period used for stop calculation. * ATR Stop Multiplier: ATR multiplier used to set the fixed stop distance at entry. Visual elements The strategy plots: * Trend Pulse Channel upper band. * Trend Pulse Channel midline. * Regime EMA. * Long entry markers. * Long exit markers. Limitations This strategy is long-only and does not evaluate short trades. The strategy can underperform during sideways, choppy, low-volume, or news-driven conditions. OBV confirmation can reduce some weak breakouts, but it cannot eliminate false breakouts. The regime EMA is a lagging trend filter and may delay entries or exits. The ATR stop is fixed at entry and may not adapt to changing volatility after the trade opens. A breakout above the channel does not guarantee trend continuation. No backtest can guarantee future performance. Recommended use Trend Pulse OBV is used as an educational framework for studying channel breakout behavior with volume-flow confirmation and regime filtering. It should be used with realistic backtesting assumptions, conservative position sizing, and independent validation before any trading decision.
Pine Script® strategy
by ADXAE
Compass | AnonycryptousCompass | Anonycryptous Description & user manual Credits The weekly psychological level calculation in this indicator is based on open-source code originally published on TradingView. The original script was created by plasmapug. Continued development was done by infernixx, Peshocore, and xtech5192 in collaboration with TradersReality. Significant modifications have been made to integrate this component into the Compass framework. Why this indicator is different Most indicators answer one question. A moving average tells you the trend direction. An oscillator tells you momentum. A session box tells you the time. A volume indicator tells you participation. Each one is useful. None of them tells you where you are. Before placing a trade, a trader needs to answer several questions simultaneously. What session is active and what does that mean for the type of price action to expect? Where does the macro trend stand? Is volume confirming the move or contradicting it? Are there open imbalances nearby that price may return to? How much of the day's expected range has already been consumed? Where are the key structural levels — pivots, the daily open, prior week references? Answering each of these questions separately requires stacking tool after tool until the chart becomes unreadable. Compass answers all of them at once. It is not a signal indicator. It does not fire arrows or tell you when to buy or sell. What it does is something more fundamental: it gives you a complete read of the market environment before any decision is made. Sessions, trend, volume, imbalances, range levels, pivots, psychological references — all in one overlay, all configurable, all on one chart. The design philosophy is orientation first. Decision second. Compass tells you where you are. What you do with that is your responsibility. Important notice Compass does not generate trading signals. It does not tell you when to buy or sell. It does not predict market direction. It does not replace your trading strategy or your own analysis. All illustrative examples in this manual are for educational purposes only and are not trading recommendations. All trading decisions remain entirely with the user. Always apply your own judgment and manage your own risk. 1. Overview Compass is a comprehensive market context indicator that combines eleven independent analysis frameworks into one unified overlay. Every component is individually toggleable. Six presets are included for different trading styles, from fast scalping to full multi-component analysis. What it includes: - Five-EMA suite with adaptive cloud around the EMA 50 - EMA crossover system with configurable signals and candle coloring - Stochastic RSI background alerts with four alert types and RSI divergence detection - PVSRA volume vector candle analysis with zone tracking and configurable thresholds - Eight global market sessions with automatic DST awareness - Average daily, weekly, and monthly range levels with 50% midpoints - Classic pivot points with mid-point levels - Daily open reference line with historical opens - Fair value gap detection with partial absorption tracking - Weekly psychological level tracking - Live dashboard with eighteen data points across all active components 2. EMA suite Five exponential moving averages are plotted simultaneously: EMA 5, EMA 13, EMA 50, EMA 200, and EMA 800. Together they cover short-term momentum, medium-term trend direction, macro trend, and long-term structural bias. The EMA 50 is wrapped in a dynamic cloud calculated from two standard deviations of price. The cloud expands during volatility and contracts during consolidation. A widening cloud indicates active price discovery. A thinning cloud indicates equilibrium or compression before a directional move. The EMA 200 is the primary macro bias filter. Price above it defines a broadly bullish environment. Price below it defines a broadly bearish environment. This is shown in the dashboard at all times. The EMA 800 provides long-term structural context, particularly useful on mid to higher timeframes where it marks the gravitational center of multi-month price structure. All five EMA lengths are configurable. Each has individual color and transparency controls. An EMA label option displays the current value at the right edge of each line. 3. EMA cross system The EMA cross tracks a configurable fast EMA crossing a configurable slow EMA and marks the crossover bar. All candles after a cross continue in the direction of that cross until the opposite cross fires. Three display modes are available: show both the fast and slow EMA lines, show a single consolidated EMA line, or hide the EMA lines entirely while keeping the crossover signals visible. This component is a trend state indicator, not a trade trigger. A bull cross does not mean buy. It means the short-term trend has shifted upward relative to the medium-term average. Signals and candle coloring can be toggled independently. 4. Stochastic RSI The stochastic RSI component runs a standard stochastic RSI calculation and generates background color alerts based on crossover conditions at configurable band levels. Four alert types are available, each independently toggleable: Middle band crossover — K line crosses D line near the 50 level. Indicates a possible trend shift in momentum. Overbought/oversold crossover — K line crosses D line from overbought or oversold territory. Indicates a potential reversal from an extreme. Entering overbought — K line crosses above the upper band. Indicates that momentum has moved into overbought territory. Entering oversold — K line crosses below the lower band. Indicates that momentum has moved into oversold territory. The dashboard displays the current stochastic RSI state and the RSI value. RSI appears in green when above the midline and in red when below. Regular bullish and bearish divergence is detected automatically and shown in the dashboard as a directional label. When divergence is active, a thin reference line appears on the price chart marking the divergence candles. 5. PVSRA volume vector analysis PVSRA analysis colors candles based on volume relative to the 10-bar average and the relationship between volume and candle spread. Four vector types: Green vector — bullish bar where volume is at or above the green/red threshold (default 200% of the 10-bar average), or where volume multiplied by spread is the highest of the last 10 bars. Indicates strong bullish institutional participation. Red vector — same conditions on a bearish bar. Indicates strong bearish institutional participation. Blue vector — bullish bar where volume is at or above the blue/violet threshold (default 150% of average). Indicates elevated bullish volume below the institutional threshold. Violet vector — same conditions on a bearish bar. Indicates elevated bearish volume. Grey — no vector conditions met. Normal volume. Both thresholds are configurable directly from the settings panel. Blue and violet signals are strictly exclusive from green and red — a bar cannot qualify for both simultaneously. Vector candle zones draw boxes at each vector candle location and remain active until price moves through the zone, marking areas where elevated institutional activity was detected at the time the candle formed. The PVSRA override input allows a different symbol to be used for the volume calculation. This is useful when the charted instrument has unreliable volume data, such as CFDs, perpetual swaps, or instruments where the primary volume is on a related market. 6. Market sessions Eight global trading sessions are tracked simultaneously, each with automatic DST awareness. Sessions are displayed as expanding boxes with high and low lines and a real-time label showing the session open. Sessions included: - London: 08:00–16:30 UTC - New York: 14:30–21:00 UTC - Tokyo: 00:00–06:00 UTC - Hong Kong: 01:30–08:00 UTC - Sydney: 22:00–06:00 UTC - EU brinks: 08:00–09:00 UTC - US brinks: 14:00–15:00 UTC - Frankfurt: 07:00–16:30 UTC DST is handled automatically for London, New York, and Sydney. No manual adjustment is needed. Each session can be toggled individually, and box color, transparency, and label color are fully configurable per session. Session context matters because market behavior differs significantly depending on which participants are active. London and New York overlap produces the highest volume and fastest price movement. Tokyo and Sydney sessions tend to consolidate. The brinks windows mark the transition periods where session highs and lows often form. 7. Range levels Three statistical range frameworks measure the expected price range for the current period based on historical averages. Average daily range (ADR) — the expected high and low for the current trading day. When price reaches the ADR level, the day's expected range has been consumed. Moves beyond the ADR are extension moves that occur with lower statistical probability and often mean-revert. The dashboard shows ADR % used — how much of today's expected range has already been consumed. Above 80% indicates the day is approaching its expected limit. Average weekly range (AWR) — the same concept applied to the current week. Useful for assessing how much room the week has left to move. Average monthly range (AMR) — the same concept applied to the current month. Provides macro context for position sizing and target expectations. Each framework includes a 50% midpoint level marking the center of the expected range. The ADR measure from daily open option calculates the range starting from that day's open price rather than the statistical high, making the levels static for the entire day. All three frameworks have individual lookback period inputs, color controls, line styles, and label toggles. 8. Pivot points Classic pivot points are calculated from the prior day's high, low, and close. Levels include PP, R1/S1, R2/S2, R3/S3, and M mid-point levels between each major level. Pivot points provide structural reference for the current session. Price above PP defines a broadly bullish day structure. R levels act as potential resistance targets. S levels act as potential support targets. M levels provide intermediate precision references between major pivots. All levels can be toggled individually. Lines extend rightward from the prior session and can optionally extend in both directions. Each level has individual color and line style controls. 9. Daily open A horizontal line marks the current day's opening price. This is one of the most referenced structural levels among short-term traders because it defines the starting point for the day's price discovery. Price above the daily open reflects a bullish session bias. Price below reflects a bearish session bias. When price oscillates around the daily open without committing direction, the session is in balance — a lower probability environment for trend trades. Historical daily opens can optionally be shown as reference for prior day context. 10. Fair value gaps A fair value gap is a three-bar imbalance where price moved through a range without leaving two-sided trade — the low of the upper candle is above the high of the lower candle (bullish gap) or vice versa (bearish gap). These areas represent unfinished business where the market may return to achieve balance. Gaps are filtered by a minimum width threshold expressed as a multiple of ATR. Gaps narrower than the threshold are excluded. Partial absorption is tracked — as price returns into the gap, the fill color changes to show how much of the imbalance has been recovered. Fully mitigated gaps can be kept on the chart as historical reference or deleted automatically to maintain a clean view. 11. Psychological levels Weekly psychological levels mark the prior week's high and low as calculated by a specific session-anchored method. These levels represent deliberate structural references where participants have previously committed size — breakouts and rejections around these levels tend to be more intentional than random price noise. Three GMT offset options accommodate the session anchor calculation for different global market structures. Two mode options are available: crypto (weekly reset on Saturday Sydney open) and forex (weekly reset on Monday Tokyo open). 12. Settings reference Preset - Custom: full manual control over all settings. - Clean scalper: sessions, EMA suite, FVG, subtle candle coloring. Low noise. - Full context: everything on, medium transparency. Best for analysis. - Signal focus: EMA cross, stoch RSI background, PVSRA bar color prominent. Rest subtle. - Minimal: sessions, daily open, ADR only. No signals. - PVSRA pro: PVSRA and vector candle zones central. EMA 200 and 800 only. Global settings - Master opacity offset (custom preset only): shifts all transparency values simultaneously. - Show bull/bear label text: shows or hides text on EMA cross signal triangles. EMA suite - Show EMA suite and labels - Individual EMA color and transparency controls - EMA cloud fill and border transparency - EMA line width EMA cross - Show EMA cross signals - Fast EMA, slow EMA, and consolidated EMA lengths - Show both EMAs or consolidated only - Bull, bear, and neutral colors and transparency - Cross EMA line width Stochastic RSI - Show stochastic RSI background alerts - RSI length and stochastic length - Overbought and oversold band levels - Individual alert type toggles (four types) - Alert colors and transparency - RSI divergence lookback period - Divergence line color and width PVSRA - Vector colors (red, green, violet, blue, regular up/down) - Green/red threshold (× average volume, default 2.0) - Blue/violet threshold (× average volume, default 1.5) - Include spread filter for green/red classification - Override symbol toggle and input - Show vector candle zones with transparency and width settings Candle coloring - Enable candle coloring - Coloring mode: EMA cross / PVSRA / EMA 200 / off - Bull and bear candle color and transparency Market sessions - Show market sessions - Session timezone - Show sessions on weekends - Session high/low line style and width - Per session: toggle, box color, transparency, label color Range levels - Show ADR, AWR, AMR (individual toggles) - Lookback periods for each - Show 50% midpoint levels - Measure from daily open (ADR only) - Color, transparency, line width, line style, labels Pivot points - Show PP, R1/S1, R2/S2, R3/S3, M levels individually - Show labels - Extend lines both directions - Individual level colors and line styles - Pivot line width Daily open - Show daily open - Show label - Show historical daily opens - Color, transparency, line width Fair value gaps - Show fair value gaps - Width filter (ATR multiplier) - Extend to current bar - Bullish and bearish FVG colors - Mitigation fill colors - Keep historical FVGs after mitigation Psychological levels - Show psy levels and labels - Show historical psy levels - GMT offset (GMT+1, GMT+2, GMT+3) - Psy type: crypto or forex - High and low colors and transparency Dashboard - Show dashboard - Position: top left, top right, bottom left, bottom right - Size: tiny, small, normal 13. Dashboard reference The dashboard provides eighteen live data points across all active components: Session — the currently active market session. EMA cross — current EMA cross direction: bull or bear. EMA 200 — whether price is above or below the EMA 200. Stoch RSI — current stochastic RSI condition. RSI — current RSI value, colored green above midline and red below. RSI divergence — active bullish or bearish divergence, or none. PVSRA — current candle vector type. ADR % used — how much of today's expected daily range has been consumed. FVG active — count of open unmitigated fair value gaps and mitigation percentage. Psy level — whether price is above or below the prior week's psychological level. Timezone — active session timezone setting. VCZ active — count of active vector candle zones above and below current price. Pivot PP — current pivot point value. Daily open — current daily open price and direction. 14. How to use 14.1 Initial setup Select a preset that matches your primary trading style. Adjust the session timezone to match your location or your primary exchange. If you trade an instrument with unreliable volume data, enable the PVSRA override and set it to a correlated liquid instrument. Set the ADR lookback period to your preference — 14 days is a standard starting point. For FVGs, set the width filter to 0.5 or higher to exclude minor gaps. 14.2 Reading the dashboard The dashboard is the fastest way to orient yourself on a new chart or a new session. Check session, EMA cross direction, EMA 200 position, stoch RSI state, and ADR consumed before anything else. Five seconds to a full picture of where the market stands. 14.3 Reading the chart Check EMA alignment. When EMA 13, EMA 50, and EMA 200 are stacked in the same direction, the trend is more significant than a single crossover. Divergence between them reflects a transition or competing timeframe pressures. Check ADR percentage. Below 50% means the day has statistical room to move. Above 80% means the day is near its expected limit and extension moves are less probable. Look for open FVGs near current price. An unmitigated FVG in the direction of the prevailing trend is a precision reference area where price has historically returned. Check the psy level. If price is approaching the prior week's high or low, be aware that participant behavior around those references tends to be deliberate. 14.4 Timeframe guide 1 minute to 3 minutes — clean scalper preset, candle coloring set to EMA cross. 5 minutes to 15 minutes — clean scalper or signal focus preset. 30 minutes to 1 hour — full context preset, use ADR and pivot points. 4 hours to daily — full context or minimal preset. 14.5 Tips PVSRA override — use when your broker's volume data is unreliable, when you trade a CFD or derivative with synthetic volume, or when you want spot market volume for a futures chart. Master opacity offset — adding 10 to 20 increases overall transparency and dims the chart if it feels cluttered. Subtracting 10 to 20 makes all elements more prominent. This shifts all transparency values simultaneously without changing individual settings. Only active in custom preset. Not every component needs to be active at once. Most traders will find three to four components provide the context they need for their specific setup. 15. Disclaimer This indicator is provided for educational and informational purposes only. Nothing in this document constitutes financial advice or any form of trading recommendation. Trading financial instruments involves substantial risk of loss. Past performance is not indicative of future results. You may lose all of your invested capital. All trading decisions are made entirely by the user. Use at your own discretion.
Pine Script® indicator
by Anonycryptous
MTF Market State DashboardA multi-timeframe market context dashboard designed to classify market conditions using three independent analytical layers: Trend direction, Trend strength and Participation / Volume flow Instead of relying on a single indicator or isolated signal, this script combines multiple forms of market information into a structured decision framework intended to help traders evaluate the quality and maturity of a market condition. The goal of the dashboard is not to predict tops or bottoms, but to help identify: • aligned market conditions • conflicting conditions • strengthening trends • weakening trends • and low-conviction environments Core Idea Behind The Script Many indicators work well in certain environments and poorly in others. For example: • Trend indicators may continue showing bullish conditions during weakening momentum. • Momentum indicators may react aggressively inside consolidations. • Volume indicators may show temporary spikes without broader trend confirmation. This script was built to reduce that fragmentation by separating market behavior into three independent layers: 1. Direction Defines where the market is currently biased. 2. Strength Measures whether the move has enough momentum to sustain itself. 3. Participation Evaluates whether price movement is supported by broader volume-flow behavior. The dashboard then combines these layers into a unified market-state classification system. What The Dashboard Tracks 1. Trend Structure Layer The script evaluates directional bias using: EMA 200 Used as the higher-level directional filter. Typical interpretation: • Price above EMA 200 → bullish macro bias • Price below EMA 200 → bearish macro bias EMA 50 Tracks intermediate trend behavior and shorter-term structural changes. Supertrend Used as a dynamic trend confirmation layer. Unlike a static moving average, the Supertrend adapts to volatility and helps identify directional transitions more quickly. Each trend component is displayed as: • BULL • BEAR along with an “age” value showing how many bars have passed since the last state change. This allows traders to distinguish between: • fresh transitions • mature trends • and potentially exhausted conditions 2. Trend Strength Layer ADX (via DMI) ADX is used to measure trend strength, not trend direction. Typical interpretation: • Low ADX → weak or ranging environment • Rising / high ADX → stronger directional environment This distinction matters because bullish conditions inside weak trend environments often behave differently from bullish conditions inside expanding trends. The script uses ADX as a confirmation filter inside the Market State logic. 3. Participation & Volume-Flow Layer This layer attempts to measure whether directional movement is being supported by participation and flow behavior. CMF (Chaikin Money Flow) CMF estimates buying versus selling pressure by evaluating closing location relative to range and volume. General interpretation: • Positive CMF → accumulation pressure • Negative CMF → distribution pressure CDV (Cumulative Delta Volume Proxy) Pine Script does not provide true bid/ask delta data. This script therefore uses a candle-based directional volume proxy to estimate cumulative directional participation. The CDV layer classifies conditions as: • Rising • Falling • Neutral Adaptive filtering is included to reduce minor fluctuations and noise. OBV Breakout Detection The script also evaluates whether On-Balance Volume is breaking above or below recent ranges. This is used to identify: • expanding participation • weakening participation • or neutral flow conditions The OBV component is not intended as a standalone signal generator, but rather as an additional confirmation layer inside the broader market-state framework. Market State Classification One of the main purposes of the script is to convert multiple independent readings into a simplified market-state output. The dashboard derives a “Market State” by combining: • Trend direction • Trend strength • Participation / flow confirmation Possible classifications include: • Strong Bull Context • Bull Context • Mixed / Wait • Bear Context • Strong Bear Context The classification is not predictive and should not be interpreted as financial advice. Instead, it is intended to provide a structured summary of current market conditions. How Market State Is Derived The logic combines three internal scoring groups: Trend Score Built from: • EMA 200 state • EMA 50 state • Supertrend state Participation Score Built from: • CMF bias • CDV direction • OBV breakout state Strength Filter Built from: • ADX threshold validation Example: • bullish trend structure • bullish participation • and strong ADX → may classify as “Strong Bull Context” Whereas: • bullish trend structure • weak participation • and weak ADX → may classify as “Mixed / Wait” This allows the dashboard to identify agreement and disagreement between independent analytical layers. Multi-Timeframe Logic The script supports: • single timeframe mode • dual timeframe mode Typical usage example: • Lower timeframe → execution context • Higher timeframe → broader directional context This allows traders to compare: • local conditions • against higher timeframe structure without switching charts repeatedly. Age Tracking Each directional state includes an “age” measurement representing the number of bars since the last directional transition. This is included because newer transitions and older trends may behave differently. Example: • Low age → newer condition • High age → more mature condition The script does not assume older trends will reverse, but age can provide additional context about trend maturity. Practical Interpretation Example: Higher-Conviction Bullish Environment Possible characteristics: • EMA structure bullish • Supertrend bullish • ADX elevated • CMF positive • CDV rising • OBV breakout bullish This may indicate alignment between: • trend • momentum • and participation Example: Mixed Environment Possible characteristics: • bullish EMA structure • falling CDV • weak ADX • neutral OBV behavior This may indicate: • weakening momentum • transition behavior • or lower-conviction conditions Intended Usage The script is designed as: • a context tool • a filtering framework • and a market-state dashboard It is not intended to replace: • risk management • execution models • or broader trading plans The dashboard is generally most useful when combined with: • breakout systems • pullback systems • trend-following models • or discretionary execution methods Customization Options The script includes: • 1TF / 2TF modes • configurable EMA lengths • Supertrend settings • ADX threshold controls • CDV sensitivity adjustment • OBV breakout lookback settings • Table themes • Text sizing • Dashboard positioning Notes • CDV uses a candle-based proxy because true bid/ask delta data is unavailable in Pine Script. • The dashboard focuses on contextual interpretation rather than direct entry signals. • The Market State classification is derived from internal scoring logic and should be interpreted as a contextual summary, not a prediction engine. Summary This dashboard was designed to organize multiple forms of market information into a single structured framework. Rather than treating trend, momentum, and participation separately, the script attempts to evaluate how they interact with each other across one or more timeframes. The result is a compact market-context tool intended to help traders: • identify alignment • recognize conflict • filter weaker conditions • and evaluate overall market structure more efficiently.
Pine Script® indicator
by ScriptoPro
Flow-RegimeFlow-Regime A multi-source flow oscillator. It normalizes three independent measures of market flow to a unified ±100 scale and combines them into a conviction- weighted composite line, so you can see at a glance whether OBV, A/D, and price flow are agreeing or diverging. ▌ What's plotted Three normalized lines, each computed through the same pipeline (CCI → percentrank → linear map to ±100): • OBV-Flow — On-Balance Volume (signed cumulative volume) • AD-Flow — Chaikin Accumulation/Distribution • Price-Regime — price flow (ohlc4) Plus a Fitted composite — the average of the three, amplified by |conviction|, where conviction = average ÷ mean(|x|, |y|, |z|). When all three lines agree the composite is amplified; when they conflict it is suppressed toward zero. The Fitted line uses 5-tier coloring driven by how many of the three exceed the neutral threshold (default ±20): solid green/red = all three agree, lighter shades = two of three, gray = no consensus. ▌ Two lookback modes Linear (default) — TF-specific lookback with sensible per-timeframe defaults (1m=60, 5m=24, 15m=16, 1h=24, 4h=18, 1d=7, 1w=12, 1M=12), all editable. Anchored — pick an anchor timestamp; the percentrank window grows from 0 at that bar to (current_bar − anchor_bar) at the right edge of the chart. Use this to lock the statistical baseline to a specific event — a regime start, a major breakout, a news release. The anchor bar is marked with a yellow diamond at fitted = 0. ▌ How to read it The OB zone (≥ +70) and OS zone (≤ −70) are shaded — these are statistically stretched conditions. Bars where the Fitted line reaches ±99 get a soft red/ green background tint as an "at the extreme" warning. Two corresponding alert conditions are exposed for use with TV alerts. This indicator does NOT emit trade signals. Per-line reversal dots and confluence triangles are intentionally absent: those patterns can fit historical noise convincingly without generalizing forward. Treat extremes as flags to investigate, not entries to take. Useful interpretive frames: • All three lines extreme in the same direction = strongest evidence of flow consensus. • One or two lines diverging from the others at extremes = a divergence worth examining on the chart. • Fitted approaching ±99 = statistical extreme, regardless of direction. ▌ Notes In Anchored mode, the first few bars after the anchor have very few historical points to rank against, so percentrank values can swing to ±100 from sparse data — read these bars with caution. CCI itself always uses the full real price history regardless of mode, so its 20-bar internal window is never distorted by the anchor. Enable the Debug label in settings to verify which mode and lookback are currently active on the chart.
Pine Script® indicator
by felixhsuN
Conflux Engine | AnonycryptousConflux Engine | Anonycryptous Description & user manual Why this indicator is different? Most signal indicators work the same way. One condition triggers. One signal fires. The trader either takes it or does not. The problem is that a single condition — a crossover, a level break, a momentum read — is almost never enough to define a genuinely high-quality trade. Markets are too complex and too noisy for that. Conflux Engine works differently. It does not fire on one condition. It requires multiple independent market forces to align simultaneously before a signal appears. Structure has to agree. Volume has to confirm. Momentum has to support. Volatility has to be in the right zone. Session positioning has to be favorable. And optionally, the higher timeframe trend and the ribbon have to be aligned too. Only when enough of these forces agree — and agree clearly — does the indicator produce a signal. This is what confluence means in practice. Not one thing being right. Multiple independent things being right at the same time. The result is fewer signals. But the signals that do appear carry more weight than anything a single-condition system can produce. Important notice Conflux Engine generates trading signals based on a multi-factor scoring engine. These signals are not financial advice. They do not predict the future. They do not guarantee profitability. They are a systematic read of current market conditions across multiple dimensions. All trading decisions are made entirely by the user. Always manage your own risk. Always apply your own judgment. 1. Overview Conflux Engine is a scoring-based signal indicator for traders who want structured, high-conviction entries rather than frequent, noisy ones. Six independent pillars evaluate the market continuously. Each pillar scores independently. The scores combine into a total out of 100. When the total exceeds the signal threshold — and the dominant direction leads the opposite direction by a minimum gap — a signal fires. Additional hard gates can be enabled: an ADX noise filter to block signals during choppy markets, a VWMA filter to ensure macro trend alignment, a Supertrend filter for dynamic trend confirmation, and an Ultra Ribbon filter using 15 Hull Moving Averages for the fastest momentum read. The result is an indicator that is selective by design. It is not built to fire constantly. It is built to fire well. 2. The six pillars 2.1 Structure Evaluates market structure using swing pivot highs and lows. A higher high combined with a higher low defines a bullish structure. A lower high combined with a lower low defines a bearish structure. This pillar answers the most fundamental question in trading: is the market making progress in a direction, or is it deteriorating? Weight: up to 16 points. 2.2 Volume Uses OBV slope via linear regression to determine whether volume is accumulating in the direction of price or diverging from it. Rising OBV slope on a bullish signal means participation supports the move. Falling OBV slope on a bullish signal is a warning. This pillar separates moves with institutional backing from moves without it. Weight: up to 16 points. 2.3 Momentum Evaluates three independent momentum reads: KAMA position (a Kaufman adaptive moving average that adjusts its speed to market conditions), RSI relative to the 50 midline with slope direction, and Williams %R for price positioning within the recent range. Two of three aligned scores partial points. All three aligned scores full points. Weight: up to 16 points. 2.4 Liquidity Detects sweep events — moments where price wicks beyond a recent swing high or low and closes back inside. These events mark liquidity grabs and often precede directional moves. A confirmed bull sweep sets up a long bias context. A confirmed bear sweep sets up a short bias context. The context remains active for a configurable number of bars, decaying over time. Weight: up to 16 points. 2.5 Volatility Measures ATR relative to its own moving average to identify the volatility sweet spot. Signals during dead, flat markets carry less meaning. Signals during chaotically explosive moves are harder to execute cleanly. This pillar rewards the in-between: active, directional, manageable volatility. Weight: up to 16 points. 2.6 Session Evaluates price positioning within the current day's developing range. Price in the lower portion of the range (discount) favors long bias. Price in the upper portion (premium) favors short bias. This pillar can be toggled independently from the session time filter — you can use session scoring without restricting signals to specific hours, or vice versa. Weight: up to 20 points. 3. Hard gates Beyond the six scoring pillars, Conflux Engine includes four optional hard gates. These do not add points. They block signals entirely when their condition is not met. 3.1 ADX noise filter Blocks signals when ADX is below a configurable threshold. ADX measures trend strength. A low ADX means the market is ranging and directionless — exactly the environment where momentum signals fail most often. Default threshold: 35. Adjustable up to 100 for maximum selectivity. 3.2 VWMA filter Price must be above the Volume Weighted Moving Average for long signals, and below it for short signals. The VWMA is slower than a standard EMA and reflects the average price weighted by volume — a more meaningful macro reference than a simple average. Default length: 200. 3.3 Supertrend filter The Supertrend must confirm the signal direction. This is a dynamic trend line based on ATR bands that flips cleanly between bull and bear states. It acts as an additional structural confirmation that the trend environment supports the entry. 3.4 Ultra Ribbon filter The fastest gate. Built from 15 Hull Moving Averages spanning a range of lengths. When the fastest HMA is above the slowest HMA, the ribbon is bullish. When below, bearish. Because Hull MAs minimize lag, this gate reacts to trend changes earlier than most moving average systems. The ribbon also serves as a trailing stop option in the backtest — the slowest HMA tracks trend without being too reactive. 4. Signal scoring Every bar, both a bullish and bearish score are computed from the six pillars. The scores are added together. A signal fires when: - The dominant score meets or exceeds the signal threshold (default 70) - The dominant score exceeds the opposite score by at least the directional lead (default 20) - All enabled hard gates are cleared This two-condition check — threshold plus gap — prevents marginal signals from appearing when the market is ambiguous. Both bull and bear can score reasonably high during mixed conditions. The gap requirement ensures the dominant direction is meaningfully ahead. Pillar weights are individually adjustable. The system allows traders to prioritize the factors most relevant to their trading style and instrument. The Extreme Threshold (default 90) flags signals where the confluence score is exceptionally high. These are the highest-conviction setups in the system. 5. The Ultra Ribbon The Ultra Ribbon is a 15-layer Hull Moving Average ribbon that sits on the chart as both a visual trend tool and a momentum gate. Three themes are available: Classic — green and red. Clear, functional, no ambiguity. Phantom — cyan and pink with purple exhaustion. A darker, stylized read of the same data. (the default) Custom — full color control for bull, bear, and exhaustion states. The ribbon color adapts dynamically. When the spread between the fastest and slowest HMA is wide relative to its historical average, the ribbon fades toward the exhaustion color — a visual signal that the trend may be overextended. When the spread is moderate, the ribbon shows its full trend color. Candle coloring follows the ribbon's bull/bear state continuously, giving an immediate read of trend direction on every bar. The dashboard accent color and signal indicators follow the active theme, giving the entire indicator a unified visual identity across chart and panel. 6. Multi-timeframe filter When enabled, the MTF filter evaluates the trend on a higher timeframe using a 50-period EMA. If the higher timeframe trend agrees with the signal direction, a weight bonus is added to the total score. If it disagrees, no bonus is added — but the signal is not blocked unless the score falls below threshold as a result. This behavior is intentional. The HTF filter adds weight to aligned signals without making every counter-trend setup impossible. It rewards confluence with the bigger picture without enforcing hard alignment. Default timeframe: 240 (4-hour). Default weight bonus: 20 points. 7. Backtest and performance tracking Confluence Engine includes a built-in performance tracker that logs every signal, applies configurable stop and target multipliers based on the current regime, and tracks wins, losses, and win rate across the visible history. Stop loss modes: - ATR — a fixed multiple of ATR from the entry price. Simple and consistent. - Pivot — stop placed at the most recent swing low (for longs) or swing high (for shorts). Respects structure. - Supertrend — stop placed at the dynamic Supertrend level at the time of entry. Tighter and adaptive. - Trailing (h15) — stop follows the slowest HMA of the Ultra Ribbon. Trends with the market and gives winners more room. Target multipliers are adjustable for each regime: Scalp, Intraday, and Swing. The regime is determined by the current ADX value. Recent log shows the last three trade results in R multiples. This gives a quick read on recent system performance without requiring a separate journaling tool. Note: the backtest uses bar close logic and approximated fill prices. It is a directional performance reference, not a precise simulation. Session filtering does not retroactively apply to historical trades — enabling session filtering after a test period will affect forward signals but not past performance data. 8. Dashboard reference The dashboard updates on every bar and shows: - Header: indicator name and current timeframe - Pillar rows 1–6: score per pillar, colored by direction - HTF Trend: higher timeframe alignment and weight (when MTF enabled) - Signal: LONG / SHORT / WAIT with direction color - Win Rate: percentage of tracked signals that hit target - Recent Log: last three results in R multiples - Score: total confluence score out of 100 - Session: OPEN or FILTERED The dashboard header and accent colors follow the active ribbon theme. Tiny, Small, and Normal size options are available. 9. Settings reference General Settings - Signal Threshold: minimum score to trigger a signal (50–95, default 70) - Extreme Threshold: score above which extreme confluence is flagged (80–100, default 90) - Directional Lead: minimum gap between bull and bear score (default 20) Multi-Timeframe Trend - Enable MTF Filter - HTF Timeframe (default 240) - HTF Weight (default 20) Quality Filters (Noise Reduction) - Enable ADX Noise Filter - Min ADX Value (0–100, default 35) Trend Confirmation - Enable VWMA Filter + length - Enable Supertrend Filter + ATR length + multiplier - Show/hide Supertrend and VWMA lines Pillar Weights - Individual weight for each of the six pillars Session Filtering - Filter Entries by Session (time gate) - Enable Session Pillar Scoring (premium/discount scoring) - Trading Session input Trade Suggestions (ATR Multipliers) - SL and TP multipliers for Scalp, Intraday, and Swing regimes Ultra Ribbon - Enable Ribbon Filter - Show Ribbon on Chart - Base Length and Length Step - Theme: Classic / Phantom / Custom - Custom color inputs (bull, bear, elite) Backtest & UI - Enable Performance Tracking - Start Year - Show Active Trade Lines - Show Recent Trade Log - Stop Loss Mode: ATR / Pivot / Supertrend / Trailing (h15) UI Settings - Show Dashboard - Dashboard Position - Dashboard Size: Tiny / Small / Normal 10. How to use 10.1 Initial setup 1. Load the indicator on your preferred chart and timeframe. 2. Select a ribbon theme that matches your visual preference. 3. Set the signal threshold based on your desired selectivity. Start at 70. 4. Set the directional lead. 15–20 is a balanced starting point. 5. Enable the hard gates relevant to your style. For intraday trading, ADX + Supertrend is a strong combination. For swing trading, VWMA + MTF adds macro context. 6. Configure the session scoring if you trade specific sessions. NY traders: set session to 1330–2000 UTC (or your local equivalent). 7. Set your backtest start year and stop mode preference. 10.2 Reading a signal When a signal appears: - Check the dashboard. Which pillars are active? A signal with Structure + Volume + Momentum all scoring is stronger than one carried primarily by Session and Volatility. - Check the score. A signal at 72 with a 20-point gap is valid but tight. A signal at 88 with a 30-point gap is a high-conviction setup. - Check the ribbon. Is it cleanly bullish or bearish? Is it near exhaustion color? Signals during ribbon exhaustion carry more risk. - Check the hard gates. They cleared — but were they close? A signal that barely cleared ADX 35 is different from one with ADX at 55. 10.3 Managing entries Confluence Engine does not tell you the exact entry price. It tells you when conditions align. Your entry technique — pullback, breakout, limit at structure — remains your decision. Use the stop mode that fits your trade: ATR for consistency, Pivot for structure-respect, Supertrend for dynamic adaptation, Trailing h15 for trend trades you want to hold. 10.4 Interpreting win rate The built-in win rate is a useful reference, not a guarantee of future performance. A 65% win rate over 50 signals on a specific asset and timeframe tells you the system has been profitable in that environment. It does not guarantee the next signal wins. Win rate should always be evaluated alongside average RR. A 60% win rate at 2R average beats a 70% win rate at 0.8R average. Use the recent log and the trade lines together to assess both dimensions. 10.5 Optimizing settings If you see too many signals: raise the threshold, raise the directional lead, raise the ADX minimum, or enable additional hard gates. If you see too few signals: lower the threshold slightly, reduce the directional lead, or disable one or two hard gates. Do not optimize purely for win rate without considering signal frequency. A system that fires once per week at 80% win rate is different in practice from one that fires daily at 65%. Both can be profitable. Choose what fits your trading style. 11. Timeframe guide 1m–5m — Ultra Ribbon filter on, ADX threshold 30–40, Supertrend on, session scoring on. Focus on fast momentum signals during active sessions. 15m–30m — Full filter stack recommended. Threshold 70–75. Strong balance of frequency and quality. 1H–4H — VWMA and MTF filter add significant value. Threshold 75–80. Fewer signals, higher conviction. Daily — Disable session scoring. Enable VWMA and MTF only. Use as swing context, not scalp tool. 12. What this indicator does not do - Does not predict price direction with certainty - Does not guarantee profitability - Does not replace your own risk management - Does not account for news events, gaps, or liquidity voids - Does not track open positions in real time - Does not connect to any broker or execution system - Does not replace the Risk Management Engine for position sizing and account compliance For position sizing, drawdown compliance, and trade logging, pair with Risk Management Engine | Anonycryptous. For complete session analysis and market context, pair with Environment | Anonycryptous. Together, the three tools cover strategy context, signal generation, and risk execution — a complete framework for structured trading. 13. Disclaimer This indicator is provided for educational and informational purposes only. Nothing in this document constitutes financial advice or any form of recommendation. All trading decisions are made entirely by the user. The indicator provides signal analysis based on configurable parameters — the relevance of any output depends on how those parameters are set and the market conditions in which the indicator is used. Trading financial instruments involves substantial risk of loss. Past performance of the backtest function is not indicative of future results. You may lose all of your invested capital. Anonycryptous accepts no responsibility or liability for any losses incurred as a result of using this indicator or any content in this manual.
Pine Script® indicator
by Anonycryptous
3
Divergence Stack Scanner [AGPro Series]Divergence Stack Scanner 🔹 Overview Divergence Stack Scanner scans five independent momentum and volume oscillators simultaneously — RSI, MACD Histogram, CCI, MFI, and OBV — and grades every confirmed pivot by how many of them show regular divergence at the same time. The result is a 0 to 5 STACK score that isolates rare, high-conviction reversal zones which single-divergence tools simply cannot surface. Most divergence indicators track one oscillator at a time. Strong reversals, however, tend to leave fingerprints across momentum and volume at once. This tool quantifies that confluence in a single, objective number you can act on. 🔸 Unique Edge What separates this script from the crowded divergence space: 1. Five-oscillator confluence in one engine — not one divergence, five divergences graded together. 2. Strict versus Window classification — a 5/5 STRICT stack (all five on the exact same pivot) is marked with a star flash, while a 5/5 WINDOW stack (all five within a small bar tolerance) is tagged separately. The distinction matters because strict stacks are statistically rarer and sharper. 3. Pressure Zones — a rectangular, SR-style zone is drawn forward from each qualifying pivot, so the reversal level stays visible long after the signal fires. 4. Rolling win-rate panel — the last N decided signals are evaluated N bars forward, and the win percentage is displayed live on the panel. 5. Per-oscillator live state — you see at a glance which oscillators are already in divergence and how long ago they triggered. 🔹 Methodology Pivots are detected using the standard TradingView pivot method with a configurable lookback (default 5 bars each side, confirmed, non-repainting). When a pivot is confirmed, the script compares the current pivot price and oscillator value to the previous same-direction pivot: - Regular bullish divergence: price prints a lower low while the oscillator prints a higher low. - Regular bearish divergence: price prints a higher high while the oscillator prints a lower high. This comparison runs independently for RSI, MACD Histogram, CCI, MFI, and OBV. Each oscillator stores the bar index of its most recent divergence. The stack engine then counts how many oscillators have fired within a tolerance window of the current pivot: - Strict stack (window = 0): all counted oscillators fired on the exact same pivot bar. - Window stack (window = 1 to N bars): oscillators fired within N bars of each other. Pressure zones are drawn only when the stack meets a configurable minimum (default 4/5). Zone height is ATR-scaled so it stays proportional across instruments and timeframes. A proximity filter prevents label clutter: once a label is drawn in a given direction, a new label in the same direction within a short window is only drawn if its stack level is strictly higher. 🔸 Signals & Alerts On-chart signals: - ★ N/5 STACK label (filled color) — strict same-bar stack at level N. - N/5 NEAR label (lighter color) — window stack (near-miss of strict). - Pressure zone rectangle — drawn forward from the pivot for qualifying stacks. Alerts available: - 5/5 Strict Stack (bull and bear, separate) — the rarest and sharpest signal. - Minimum Stack threshold — fires whenever the stack reaches your configured minimum level. All alerts use alert.freq_once_per_bar_close and include ticker plus timeframe in the message. 🔹 Key Inputs Core Engine: - Pivot Lookback — bars each side to confirm a pivot (default 5). - RSI, MACD, CCI, MFI lengths — standard defaults, all configurable. Stack Configuration: - Minimum Stack Level — display threshold (default 3/5). - Window Tolerance — bar tolerance for near-stacks (default 3). - Win-Rate Lookback — number of recent signals used for rolling win rate (default 20). - Win Evaluation Bars — forward bars to decide win or loss (default 10). Pressure Zones: - Minimum Stack for Zone (default 4/5) — keeps the chart premium and uncluttered. - Zone Extend and Height (ATR%) — tune the visual footprint to your taste. - Max Active Zones — oldest zones are automatically trimmed. Panel and Theme: - Location (6 anchors), Dark or Light theme, font size presets. - Fully brand-consistent AGPro color palette built in. 🔸 How to Use - Treat 5/5 STRICT stacks as the headline signal. They are rare by construction and typically appear at genuine inflection points. - Use 4/5 stacks as early-warning context around support, resistance, or higher-timeframe levels. - Read the per-oscillator live state on the panel. When RSI, MACD, CCI, MFI are all in the same direction and OBV is the last holdout, a full stack is often imminent. - Pressure zones work well as re-entry or invalidation levels after the initial signal fires. - The rolling win rate is a sanity check for the current asset and timeframe — if it degrades meaningfully, raise the minimum stack level or widen the pivot lookback. 🔹 Limitations and Transparency - This is a confluence tool, not a standalone trading system. Divergence by nature can persist in strong trends before any reversal. - The engine is pivot-based and therefore delayed by the pivot lookback. Labels appear on the bar the pivot is confirmed, not on the pivot itself. - Win rate is computed on the last N decided signals on the current chart. It is not a backtest, it is an evolving statistic and it does not include slippage, spread, or position sizing. - Window stacks are lower-confidence than strict stacks by design. The visual distinction is intentional. - Session-based "Today's Max" uses calendar-day rollover. 🔸 Risk Disclosure This indicator is a technical analysis tool for research and education. It is not financial advice, not a signal service, and not a trading strategy. Past patterns do not guarantee future behavior. You are solely responsible for your trading decisions, risk management, and position sizing. Always combine any indicator with independent analysis, higher-timeframe context, and strict risk controls. 🔹 Technical Notes - Pine Script v6, overlay indicator. - Fully non-repainting. All divergences are evaluated only on confirmed pivots. - Drawing objects (labels, boxes) are capped to avoid resource overruns. - MPL 2.0 licensed — open source.
Pine Script® indicator
by AGProLabs
16
Multi-Indicator Screener: 30 Assets🎯 Multi-Indicator Screener: 30 Assets Catagories: Stocks & ETFs (default), Cryptocurrency, Commodities, Global Indices, or Custom. Indicators: RSI, MACD, EMA Slope, OBV Trend, Supertrend, VWAP, ADX/DMI, BB %B, Stoch RSI, Vol Delta OVERVIEW This indicator simultaneously monitors 30 customizable assets across a single chart panel, classifying each asset's momentum as Strong Bullish, Weak Bullish, Weak Bearish, or Strong Bearish — updated bar by bar. It does this across 10 selectable technical indicators, giving you a real-time breadth map of the entire market without switching charts. Every asset is displayed as a horizontal color-coded zone stacked vertically, so you can read the mood of the full market in a single glance. The screener is designed for traders who want to understand market-wide momentum — not just one symbol — so they can make higher-conviction decisions based on whether the broader market is confirming or diverging from their trade thesis. Asset Categories & Watchlists The screener includes 4 built-in asset categories that you can switch between instantly: Stocks & ETFs (default), Cryptocurrency, Commodities, and Global Indices. Each category loads a carefully curated list of 30 relevant tickers with meaningful group breakdowns in the detailed table (e.g., Mega Cap / Large Cap for crypto, Energy / Precious Metals for commodities, USA / Europe / Asia for global indices). You can also select Custom mode to manually enter any 30 symbols you want to monitor. This makes the indicator extremely versatile whether you trade stocks, crypto, futures, or international markets. THE 10 INDICATOR MODES You select one active indicator from the settings panel. That indicator is applied identically to all 30 assets simultaneously. The following describes exactly how each indicator classifies an asset into its four states: RSI (Relative Strength Index) The RSI is calculated using a user-defined length (default: 14 periods) and then compared against its own Simple Moving Average (default: 14-period SMA of the RSI). Strong Bull — RSI is above both the 50 midline and its SMA Weak Bull — RSI is above only one of those conditions Strong Bear — RSI is below both the 50 midline and its SMA Weak Bear — RSI is below only one of those conditions This two-condition filter removes many of the false signals that a raw RSI threshold produces. MACD (Moving Average Convergence Divergence) Uses the standard MACD histogram (default 12/26/9). Strong Bull — histogram is positive and increasing bar-over-bar (accelerating bullish momentum) Weak Bull — histogram is positive but flat or declining Strong Bear — histogram is negative and decreasing bar-over-bar (accelerating bearish momentum) Weak Bear — histogram is negative but flat or recovering The directional change of the histogram is the key differentiator here. EMA Slope Calculates a 20-period EMA and measures the actual geometric slope angle (in degrees), normalized against the asset’s 200-bar price range. Formula: atan(ema_change / (pts_per_bar × slope_period)) × 180 / π Strong Bull — slope angle ≥ Reference Angle (default: 45°) Weak Bull — slope angle positive but below the threshold Strong Bear — slope angle ≤ -Reference Angle Weak Bear — slope angle negative but above the negative threshold Tip: The default 45° is aggressive. Lower it to 10–15° for more frequent Strong signals. Includes division-by-zero protection for flat markets. OBV Trend (On-Balance Volume) Applies short and long moving averages to raw OBV (default Short=2, Long=14). MA type is user-selectable (SMA, EMA, SMMA, WMA, VWMA). Strong Bull — short OBV MA > long OBV MA and long MA is rising Weak Bull — short > long, but long MA is flat or declining Strong Bear — short < long and long MA is declining Weak Bear — short < long, but long MA is flat or rising Pure volume-flow based momentum detection. Supertrend Uses Pine’s built-in Supertrend (default Factor=3.0, ATR Length=10). Strong Bull — price above Supertrend line and rising (moving away) Weak Bull — price above line but falling (drifting toward it) Strong Bear — price below line and falling Weak Bear — price below line but rising VWAP (Volume Weighted Average Price) Uses session VWAP (resets daily). Best on intraday charts (1min–4H). On daily+ charts it only reflects that session’s VWAP. Strong Bull — price > VWAP and rising Weak Bull — price > VWAP but falling Strong Bear — price < VWAP and falling Weak Bear — price < VWAP but rising ADX / DMI Manual Wilder's calculation for independent ADX per asset (default threshold 25). Strong Bull — +DI > -DI and ADX ≥ 25 Weak Bull — +DI > -DI but ADX < 25 Strong Bear — -DI > +DI and ADX ≥ 25 Weak Bear — -DI > +DI but ADX < 25 BB %B (Bollinger Band Percent B) Shows where price sits inside the Bollinger Bands (default 20,2). Strong Bull — %B ≥ 1.0 (above upper band) Weak Bull — %B between 0.5 and 1.0 Strong Bear — %B ≤ 0.0 (below lower band) Weak Bear — %B between 0.0 and 0.5 Stochastic RSI Stochastic applied to RSI (defaults: RSI 14, Stoch 14, Smooth K=3, D=3). Strong Bull — K > D and K > 50 Weak Bull — K > D or K > 50 Strong Bear — K < D and K < 50 Weak Bear — K < D or K < 50 Vol Delta A bar-level volume delta approximation: normalized delta = (2×close − high − low) / (high − low). This value is smoothed with an EMA (default length 3) and ranges roughly from -1 to +1. Strong Bull — smoothed delta > threshold (default 0.3) and accelerating upward Weak Bull — smoothed delta > 0 but below threshold or decelerating Strong Bear — smoothed delta < -threshold and accelerating downward Weak Bear — smoothed delta < 0 but above -threshold or decelerating This mode approximates institutional buying/selling pressure within each bar and becomes more accurate on higher-resolution charts. THE VISUAL SYSTEM Stacked Zone Layout: 30 horizontal step-lines with adjustable height and gap. Streak-Based Color Intensity: Color strength reflects how many consecutive closed bars an asset has stayed in its current state. 4 Color Palettes: Classic, Colorblind Safe, Ice & Fire, Monochrome. 3 Color Styles: Standard, Traffic Light, Hue Shift. Divergence Highlighting: Assets moving against the overall market are highlighted in gold (solid for strong, semi-transparent for weak). Total Market Line: Thick line at the top showing aggregate market momentum. Dashboard Table: Momentum score (0–100), market status (including true “MIXED”), counts with delta arrows, and optional detailed sector/group breakdown. Mini Heatmap: Compact 30-cell color strip at the bottom with ticker labels. ALERTS Four configurable alerts (all individually togglable): Strong Bullish momentum (minimum number of assets) Strong Bearish momentum Market sentiment shift Extreme conditions (≥60% assets in Strong Bull or Strong Bear) Alerts fire only on confirmed bars. DEFAULT ASSETS The built-in presets include Stocks & ETFs (default), Cryptocurrency, Commodities, and Global Indices. In “Stocks & ETFs” mode you get a balanced mix of broad market, sectors, Magnificent 7, key stocks, thematic, and macro assets. All 30 tickers are fully customizable. INTENDED USE This is a market breadth and momentum classification tool, not a direct signal generator. Use it to: Confirm broad market support for your trade direction Spot early sector rotation Identify diverging assets Compare how different indicators are reading the same market Time entries/exits based on momentum score and delta changes Works on any timeframe. For best results with VWAP and Vol Delta, prefer intraday charts.
Pine Script® indicator
by KevinSvenson_
2
Swing + Value Setup [Marcos]Swing + Value Setup — Descripción para TradingView Título sugerido Swing + Value Setup — Multi-Filter Entry Signal Descripción (inglés — recomendado para mayor alcance) 🎯 What is this indicator? Swing + Value Setup is a multi-condition entry filter designed for swing traders looking for high-quality setups in stocks with strong technical and structural foundations. Instead of relying on a single signal, this indicator requires 6 simultaneous conditions to be met before printing an entry label — dramatically reducing false signals and noise. It also features a real-time status panel that shows exactly which conditions are passing or failing on any given bar, so you always know how close a setup is to triggering. ⚙️ How it works The indicator combines trend, momentum, volume, and structure analysis into a single unified signal: ✅ 6 Required Conditions (all must be true simultaneously): Price above EMA 200 — confirms the stock is in a long-term uptrend Supertrend bullish — active trend filter, eliminates choppy/sideways markets RSI between 40–55 — entry during healthy pullback, not extreme oversold MACD signal — bullish crossover OR histogram rising below zero (momentum recovering) OBV above its EMA — confirms institutional accumulation behind the move Pullback to EMA 21 or EMA 50 (±1.5%) — optimal entry zone, not chasing price ⭐ High Conviction Bonus: When a bullish RSI divergence is also detected (price making lower lows while RSI makes higher lows), the label upgrades to a High Conviction signal — historically the strongest setups. 📊 Visual elements EMA 21 / 50 / 200 plotted directly on price Supertrend line changes color with trend direction Green background shading when a valid setup is active Brighter shading for high conviction entries Labels printed at signal candles (standard ✅ or high conviction 🎯) Status table (top-right corner) showing live ✅/❌ for each condition 🔔 Built-in Alerts (3 total) AlertTriggerSetup Swing/ValueAll 6 conditions met for the first timeSetup ALTA CONVICCIÓN ⭐Full setup + RSI divergence confirmedDivergencia RSI BullishBullish divergence in uptrend (early warning) Set alerts from the indicator menu → Add Alert → select the condition. 🕐 Recommended Timeframes TimeframePurposeWeeklyOverall bias and macro structureDailyPrimary signal timeframe (recommended)4H / 1HEntry timing and fine-tuning Best results on Daily charts for swing positions of 5–30 days. 📐 Trade Management (suggested) Stop Loss: Below the signal candle low or EMA 50 Target 1: Prior resistance / VPVR high-volume node Target 2: Fibonacci 1.272 or 1.618 extension Minimum R:R: 1:2.5 ⚠️ Disclaimer This indicator is a technical analysis tool only. It does not constitute financial advice. Always manage your risk, use stop losses, and do your own research before entering any trade. Past performance of any indicator does not guarantee future results. Descripción (español — versión alternativa) 🎯 ¿Qué es este indicador? Swing + Value Setup es un filtro de entrada multi-condición diseñado para swing traders que buscan setups de alta calidad en acciones con estructura técnica sólida. En lugar de depender de una sola señal, el indicador exige que 6 condiciones se cumplan simultáneamente antes de generar una señal — reduciendo drásticamente las falsas entradas y el ruido del mercado. Incluye un panel de estado en tiempo real que muestra exactamente qué condiciones están activas o fallando en cualquier vela, para que siempre sepas qué tan cerca está un setup de activarse. ⚙️ Cómo funciona ✅ 6 Condiciones obligatorias (todas deben cumplirse a la vez): Precio sobre EMA 200 — confirma tendencia alcista de largo plazo Supertrend alcista — filtra mercados laterales y tendencias bajistas RSI entre 40 y 55 — entrada en pullback sano, sin sobreventa extrema Señal MACD — cruce alcista O histograma subiendo bajo cero OBV sobre su media — confirma acumulación institucional detrás del movimiento Pullback a EMA 21 o EMA 50 (±1.5%) — zona de entrada óptima sin perseguir precio ⭐ Bonus Alta Convicción: Cuando además se detecta una divergencia bullish en RSI (precio haciendo mínimos más bajos mientras el RSI hace mínimos más altos), la señal se convierte en Alta Convicción — históricamente los setups más fuertes. 🔔 Alertas incluidas Setup Swing/Value — cuando se cumplen las 6 condiciones Setup Alta Convicción ⭐ — setup completo + divergencia RSI Divergencia RSI Bullish — aviso temprano de posible giro ⚠️ Aviso legal Este indicador es únicamente una herramienta de análisis técnico. No constituye asesoramiento financiero. Gestiona siempre tu riesgo y realiza tu propio análisis antes de operar. swing trading value ema supertrend rsi macd obv multi-condition stocks entry signal divergence trend following pullback screener alerts
Pine Script® indicator
by hardcoresporto
OBV with Kalman Filter Improv [TechnicalZen]Reversals, Breakouts & Re-Entries: OBV with Kalman Filter Improv What This Indicator Does This indicator transforms On-Balance Volume into a visual momentum instrument. Raw OBV is normalized to a 0-100 scale, rendered as stair-step candles with a continuous color gradient, and overlaid with a dual Kalman-filtered ribbon that tracks the flow trend with adaptive precision. The result is a single pane that answers three questions at a glance: Is volume flow accumulating or distributing? How strong is the conviction? Where are the reversal, breakout, and re-entry points? No footprint data required. No premium subscription needed. Pure price action and volume. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Why OBV Matters More Than Raw Volume Raw volume bars tell you how much traded. They do not tell you which direction the volume was pushing. A high-volume bar during a selloff looks identical to a high-volume bar during a breakout rally. On-Balance Volume assigns direction. When price closes up, the bar's volume is added. When price closes down, it is subtracted. The running total — OBV — reveals the persistent pressure beneath the surface. Rising OBV with flat price means accumulation. Falling OBV with rising price means distribution. These divergences are invisible on a standard volume histogram. This indicator takes OBV further by normalizing it into a bounded oscillator, smoothing it for clarity, and applying Kalman filtering for adaptive trend detection. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ How It Works The indicator processes OBV through four stages. Stage 1 — Normalize to 0-100 Raw OBV is an unbounded cumulative number that grows indefinitely. This makes it difficult to compare across time periods or instruments. The indicator applies a rolling min-max normalization over a configurable lookback window (default 100 bars), mapping OBV into a 0-100 scale. At 100, OBV is at its highest point within the lookback. At 0, its lowest. At 50, it sits at the midpoint of its recent range. This creates a bounded oscillator from a trending series. Stage 2 — Stair-Step Candles The normalized OBV is rendered as candles where each bar's open equals the previous bar's close. This creates seamless stair-step blocks with no gaps and no overlaps. The candles show the direction and magnitude of each bar's contribution to the flow — a tall green block means a strong volume push upward, a tall red block means aggressive selling pressure. Stage 3 — Position-Based Color Gradient Candle color is determined by where the candle sits in the 0-100 range, not merely whether it went up or down: Bright green (above 70) — strong bullish accumulation zone Yellow-green (50-70) — moderate bullish flow Yellow (around 50) — neutral, transition zone Orange (30-50) — weakening flow, bearish lean Red (below 30) — strong bearish distribution zone This gradient reveals the market's volume state at a glance. Candles clustered at the top in green signal sustained accumulation. Candles dropping through yellow into red signal a regime shift. Stage 4 — Dual Kalman Ribbon Two Kalman-filtered lines track the normalized OBV at different speeds: Short KF (default 20) — responsive to recent flow shifts Long KF (default 80) — tracks the underlying flow trend When the short line is above the long line, the ribbon fills bullish. When below, bearish. The Kalman filter adapts its responsiveness automatically — smoothing through noise while responding quickly to genuine regime changes. This is fundamentally superior to any fixed-length moving average. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Reading the Three Signals Reversals A reversal signal appears when candles have been clustered at one extreme (above 70 or below 30) and begin migrating toward the midline. The color gradient shifts — green fading to yellow, or red fading to orange. The Kalman ribbon begins to narrow as the short line approaches the long line. When the ribbon flips color, the reversal is confirmed by volume flow, not just price action. Breakouts A breakout appears as a large candle that punches through the 70 or 30 threshold line with expanding body size. The Kalman ribbon is already aligned in the breakout direction (short above long for bullish, below for bearish). This confirms that volume flow is supporting the price move — not just a wick or a fake breakout. Re-Entries After a breakout, price often pulls back. During a healthy pullback, the candles dip toward the midline (50) but the Kalman ribbon stays in the trend direction . Candles may turn yellow briefly but do not reach the opposite extreme. When candles resume their original color and move away from the midline, that is the re-entry — volume flow confirms the trend is intact. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Why Kalman Filtering — Not EMA, SMA, or Hull Traditional moving averages apply a fixed smoothing recipe regardless of market conditions. In a quiet market, they lag. In a volatile market, they whipsaw. The trader is forced to manually change the length setting as conditions change. The Kalman filter solves this structurally. It maintains an internal estimate of both the value and its uncertainty . On every bar, it computes a gain that automatically balances between trusting the new data and trusting its prediction. When data is noisy, the gain drops and the filter smooths aggressively. When a genuine shift occurs, the gain rises and the filter responds immediately. Two parameters control this behavior: R (Measurement Noise) — how much noise is expected in each bar's data. Higher values produce smoother output. Q (Process Noise) — how quickly the underlying trend is expected to change. Higher values allow faster adaptation. The dual-line ribbon (short KF vs long KF) combines the adaptive smoothing with trend direction detection. The crossover of two Kalman-filtered lines is more reliable than traditional MA crossovers because the filter has already absorbed the noise before the crossover happens. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Reading the Indicator The Candles Green blocks at top — strong sustained buying pressure. Trend is healthy. Red blocks at bottom — strong sustained selling. Downtrend confirmed by volume. Yellow/orange blocks at midline — indecision. Flow is balanced. Wait for direction. Color transition — the gradient shift (green to yellow, or red to orange) often leads price by several bars. The Kalman Ribbon Green fill (short above long) — volume flow trend is bullish Red fill (short below long) — volume flow trend is bearish Ribbon narrowing — trend weakening, potential flip ahead Ribbon widening — trend conviction increasing The Threshold Lines 70 line — overbought in volume flow terms. Sustained presence above = strong trend, not necessarily a sell signal. 50 line — equilibrium. Transitions through this level signal regime changes. 30 line — oversold in volume flow terms. Sustained presence below = strong downtrend. Line colors match the candle gradient — they shift with the regime. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Key Settings Normalization Lookback (default: 100) Rolling window for min-max scaling. Higher values produce smoother oscillation with fewer extremes. Lower values make the indicator more reactive to recent volume changes. HA Smoothing Passes (default: 1) Number of additional smoothing passes on the normalized OBV. 1 = standard stair-step. 2-3 = smoother candles with less noise. Short KF / Long KF Length (default: 20 / 80) Controls the responsiveness of the two Kalman lines. The gap between them determines how quickly the ribbon detects trend changes. Measurement Noise R (default: 0.01) Higher = smoother Kalman output. Lower = more reactive to each bar. Process Noise Q (default: 0.10) Higher = faster adaptation to regime shifts. Lower = more rigid trend following. Upper / Lower Threshold (default: 70 / 30) Defines the overbought/oversold boundaries for the volume flow oscillator. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Divergence — The Most Powerful Signal When price makes a new high but the OBV candles fail to reach the upper zone (or are falling), volume is not confirming the move. This bearish divergence often precedes reversals by several bars. The Kalman ribbon will begin narrowing before the price chart shows any weakness. Conversely, when price makes a new low but OBV candles hold above the lower zone or begin rising, that is bullish divergence — accumulation is happening beneath the surface. The gradient coloring makes these divergences immediately visible. Price may look strong, but if the candles are orange instead of green, the volume story disagrees. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ What This Indicator Is Not It does not generate automated buy or sell signals . It provides visual regime information for the trader to interpret. It does not use footprint or order flow data . It is built on standard OBV which infers direction from price close. For actual bid/ask decomposition, a footprint-based indicator is required. It does not predict future price direction . It reveals the current state and trend of volume flow. What the market does with that flow is never guaranteed. It is not a standalone trading system . It is a confirmation and divergence detection tool designed to complement price action analysis. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice, and it does not constitute a recommendation to buy, sell, or hold any financial instrument. All trading involves risk. Past performance of any signal, regime detection system, or volume analysis mechanism does not guarantee future results. The normalized OBV readings, Kalman-filtered trend lines, and color gradient zones represent a computational assessment of publicly available price and volume data. They are not predictions and should not be treated as certainties. On-Balance Volume assigns all of a bar's volume to one direction based solely on whether the close was higher or lower than the previous close. This is an approximation. A bar that closes up by one tick with heavy selling throughout will register as entirely bullish volume in OBV. Traders should be aware of this limitation. The Kalman filter parameters (R and Q) affect responsiveness. Poorly tuned parameters can produce either excessive lag or excessive noise. The default values are designed for general use but may require adjustment for specific instruments or timeframes. No indicator, algorithm, or model can account for all market variables including liquidity events, news-driven gaps, exchange outages, or sudden regime changes. Traders should always use independent risk management, position sizing, and their own judgment before entering any trade. By using this indicator, you acknowledge that you are solely responsible for your own trading decisions and that the authors accept no liability for any losses incurred.
Pine Script® indicator
by TechnicalZen
3
OBV Linear Regression Multi-Slope [HYPR-run]DESCRIPTION: Three linear regression slopes fitted to On-Balance Volume. Measures whether accumulation or distribution is accelerating, decelerating, or reversing across short, medium, and long lookbacks simultaneously. Raw OBV tells you the cumulative direction of volume flow. Fitting a linear regression to it gives you the rate of change: the slope. Three slopes at different lookbacks show the structure of volume commitment. When all three agree, volume flow is structurally committed in one direction. When they disagree, the timeframes are in conflict. DISCOVERING EDGE Dual and triple slope alignment has proven to be a staple confirmation signal in our most reliable automated strategies for both entries and exits. When two or three independent lookbacks agree on the direction of volume flow, the commitment is structural, not noise. When alignment breaks, the first slope to flip tells you exactly where conviction cracked. We built this indicator to surface that alignment as a first-class signal rather than something you eyeball across separate panes. THREE LR SLOPES vs RAW OBV LINE Three slopes at different lookbacks show whether all timeframes of volume flow agree or conflict. Dual alignment (short + long) is the entry signal; triple (all three) confirms later for pyramids. When triple breaks, that's the exit. Values above 0.3 mean the slope is steeper than one standard deviation per bar (very strong trend). Sigma/bar above 0.1 means the slope is statistically strong; below 0.05 is weak. FEATURES - Three linear regression slope lines on OBV (short 9, medium 26, long 50) - Optional adaptive short lookback (ATR-scaled for low timeframes) - Slope alignment detection: dual (short+long) and triple (all three) - Universal angle normalization (slope/sigma x 45 degrees) - Sigma/Bar ratio: slope strength relative to OBV noise - Auto-adjusts all lookbacks by timeframe (weekly/monthly compress) - Webhook alerts on slope flip or triple alignment - Full bar filter rejects doji/wick-heavy bars - Dashboard with lookback, angle, and sigma/bar for all three lines HOW IT WORKS Linear regression calculates the best-fit line through OBV values over a lookback window. The slope of that line is the rate of volume flow. Positive slope = accumulation accelerating. Negative slope = distribution accelerating. The universal angle normalizes raw slope by OBV standard deviation so the dashboard reads consistently across any asset (BTC's OBV in millions, a low-cap's in thousands, same angle scale). UNIVERSAL ANGLE Slope divided by OBV standard deviation per bar, multiplied by 45. A value of 45 degrees means the slope equals one standard deviation per bar. Makes angle comparable across any asset and timeframe: 30 degrees on BTC means the same relative strength as 30 degrees on SOL. ALERT MODES Slope Flip: fires when selected lookback crosses zero. Negative to positive = accumulation starting (LONG). Positive to negative = distribution starting (SHORT). Triple Alignment: fires when all three slopes agree on direction. Fewer signals, higher conviction. Alert payload is built into the script as JSON; works with any webhook receiver. CREDITS On-Balance Volume: Joseph Granville, Granville's New Key to Stock Market Profits (1963)
Pine Script® indicator
by HYPR-run
AG Pro OBV Pressure Divergence [AGPro Series]AG Pro OBV Pressure Divergence Overview AG Pro OBV Pressure Divergence is a context-aware divergence quality map built around the relationship between price structure and On-Balance Volume pressure. The script is designed to identify bullish and bearish divergence events, then rank those events by participation quality, structural context, and follow-through behavior. Instead of treating every divergence as equally important, it separates weaker pressure disagreements from more meaningful setups and organizes them into a cleaner decision framework. This is not a generic divergence marker that prints every local mismatch between price and an underlying series. Its purpose is to classify divergence events through a layered process that includes pivot structure, price displacement, OBV behavior, trend context, confirmation timing, and visual emphasis. The result is a tool that can be used to study when price and participation begin to disagree, while still preserving a practical chart view that remains readable during live market conditions. What this script does - Detects bullish divergence when price forms a lower low while OBV forms a higher low - Detects bearish divergence when price forms a higher high while OBV forms a lower high - Filters divergence candidates using pivot separation and ATR-based price swing requirements - Scores events by quality instead of treating all signals the same - Highlights the strongest events with more prominent chart objects - Tracks confirmation and invalidation behavior after the initial event - Displays a compact summary panel for state, pressure, context, and freshness Unique Edge Many divergence tools stop at basic detection. They show a disagreement between price and an oscillator or cumulative volume series and leave the rest to the user. This script takes a different approach. Its goal is not to maximize the number of divergence labels on the chart. Its goal is to classify divergence quality. That difference matters. A simple divergence can appear in noisy conditions, in weak structural locations, or without any meaningful follow-through. In those cases, the event may still be technically valid, but not equally useful from an analytical point of view. AG Pro OBV Pressure Divergence attempts to address that by combining several layers: 1. Structural divergence detection 2. ATR-normalized price displacement filtering 3. OBV pressure comparison between pivots 4. Local trend context using fast and slow EMA structure 5. Setup monitoring through confirmation and invalidation logic 6. Visual hierarchy that distinguishes lower-quality from higher-quality events Because of this design, the script is better understood as a divergence classification framework rather than a simple divergence marker. It is also distinct from breakout, reclaim, or trend continuation tools. It does not evaluate break-retest mechanics, VWAP reclaim logic, or general trend strength as its primary objective. Its focus is the quality of price-versus-participation disagreement. Methodology The script begins by identifying swing pivots through a configurable pivot length. These pivots form the structural anchor points used to compare price and OBV behavior. For bullish divergence: - price must form a lower low - OBV must form a higher low For bearish divergence: - price must form a higher high - OBV must form a lower high After a raw divergence is found, the script applies additional requirements before the event is accepted: Pivot Separation A minimum bar gap is enforced between pivots so that tightly packed micro-swings do not dominate the output. Minimum Price Swing The distance between the two relevant pivots is measured relative to ATR. This prevents very small structural changes from being treated like full-quality events. Pressure Evaluation The OBV relationship between the two pivots is examined to determine whether participation is actually improving or weakening in a meaningful way. Trend Context Fast and slow EMA structure is used to frame whether the event is appearing against or within the prevailing price environment. Contextual Location The script also evaluates where the event is occurring in its local range structure. This helps separate mid-range noise from more interesting reversal or exhaustion locations. Scoring All of the above components contribute to a quality score. That score is then used to separate lower-priority events from stronger ones. Confirmation After the initial event, the script tracks a confirmation window. During that window, the setup may confirm, remain pending, expire, or become invalidated. This layered structure is intentional. The script does not assume that a divergence label alone is enough. Signal Structure The script organizes events into a sequence instead of a single binary output. Event Detected A new bullish or bearish divergence is found and scored. Pending State The event remains active while the script monitors whether follow-through appears within the confirmation window. Confirmed If the confirmation condition is met within the allowed window, the event is marked as confirmed. Invalidated If price fails the setup before confirmation, the event is marked as invalidated. Expired If no confirmation occurs within the defined number of bars, the setup is no longer treated as active. This state-based behavior is useful because it prevents the chart from presenting all divergence events as finalized conclusions the moment they appear. Quality Model The script uses a quality threshold and a premium threshold to distinguish event strength. Lower-quality events can still be displayed when the user wants a fuller map of all structure, but the script can also be configured to focus only on stronger setups. This creates three practical layers of interpretation: Building A divergence exists, but the score is lower and the event should be treated with more caution. High The event passes the main quality threshold and receives stronger visual treatment. Premium The event exceeds the premium threshold and receives the strongest category treatment in the script. This does not mean that premium events are guarantees, and it does not imply that lower-quality events are unusable. It simply reflects that not every divergence deserves the same level of attention. Panel Summary The summary panel is intended to give quick context without forcing the user to inspect every label one by one. The panel includes: - Bias A simple view of the current directional background based on the fast and slow EMA relationship. - Pressure A quick summary of whether OBV pressure is rising, falling, or mixed. - Last Event Shows the most recent detected divergence direction. - Quality Displays the score and current classification of the most recent event. - State Shows whether the most recent tracked setup is in watch, confirmed, invalidated, or idle state. - Context Provides a compact view of the local environment, such as trend-up, trend-down, or range-related placement. - Freshness Indicates how many bars have passed since the latest tracked event. Visual Design The chart output is intentionally organized with hierarchy. Qualified events are easier to spot than weaker ones. Confirmation labels are visually distinct from initial event labels. Link lines help explain which two pivots created the divergence. Optional background pulse and active setup zone provide temporary emphasis without permanently dominating the chart. EMA context remains available but is visually secondary to the divergence structure. Tooltips are included for key settings so that the logic behind the inputs remains understandable directly from the settings panel. Signals and Alerts The script includes alert conditions for the main state transitions: - New Bullish Pressure Divergence - New Bearish Pressure Divergence - Premium Bullish Pressure Divergence - Premium Bearish Pressure Divergence - Bullish Pressure Divergence Confirmed - Bearish Pressure Divergence Confirmed - Pressure Divergence Invalidated These alerts are designed to reflect internal script states rather than making claims about future price outcomes. Key Inputs Pivot Length Controls how swings are defined. Higher values reduce noise but may delay detection. OBV Smoothing Smooths the OBV series before divergence analysis. Higher values create a cleaner but slower pressure curve. Minimum Pivot Separation Prevents overly compressed pivots from producing excessive clustering. Minimum Price Swing (ATR) Requires meaningful structural movement before a divergence is accepted. Quality Threshold Defines the minimum score required for a divergence to be treated as a qualified event. Premium Threshold Defines the score level required for premium classification. Confirmation Window (Bars) Controls how long a pending event is monitored before it expires. Use Close-Based Confirmation Switches confirmation logic between close-based behavior and intrabar high/low behavior. Main Label Size Scales event, confirmation, and invalidation labels. Panel Text Size Controls panel readability independently from chart labels. Drawing Emphasis Adjusts how visually prominent lines, EMA context, and active zone objects appear on the chart. How to use it This script is best approached as a context tool, not as a stand-alone decision engine. A practical workflow may look like this: 1. Identify whether the panel context is aligned with a broad directional background or whether the market is behaving more like a range. 2. Observe whether a new divergence appears in a meaningful local location rather than in the middle of random price noise. 3. Compare the quality score and classification. 4. Watch whether the event confirms or invalidates within the chosen time window. 5. Combine the information with your own structure, risk, and execution framework. The script is often more informative when used to reduce attention on weaker disagreements and concentrate on better-formed pressure divergences. Who it may be useful for This script may be useful for users who want: - a more structured way to study price and OBV disagreement - a cleaner divergence map with stronger visual hierarchy - a chart that distinguishes raw detection from confirmed follow-through - a volume-pressure oriented lens that is different from standard oscillator-only divergence tools It may be less suitable for users who want a high-frequency signal stream, a one-click entry engine, or a tool that treats every local divergence as equally relevant. Limitations and Transparency This script has important limitations. First, divergence is an analytical concept, not a guaranteed turning-point mechanism. A divergence can appear and still fail, extend, or resolve slowly. Second, the scoring model is a ranking method, not a prediction formula. A higher score does not mean certainty. It only means that the event better satisfies the script's internal conditions. Third, pivot-based logic requires structure to form. This means the script necessarily depends on completed swing information and will not behave like a forward-only projection model. Fourth, confirmation and invalidation logic are simplifications intended to organize event follow-through. They do not replace full trade management, execution rules, or independent risk control. Fifth, any indicator that uses volume-derived inputs depends on the characteristics of the underlying market data. Users should be aware that data quality and market structure can differ across symbols and venues. This script is therefore best used as a contextual classification tool rather than a complete standalone methodology. What this script is not - It is not a guarantee of reversals. - It is not a promise engine. - It is not a fully automated trading system. - It is not a substitute for independent structure analysis or risk management. - It is not designed to predict every local top or bottom. - It is not intended to imply that premium signals are always superior in every market condition. Its purpose is narrower and more practical: to organize OBV-based divergence events into a more useful analytical framework. Risk Disclosure This script is for chart analysis and research purposes only. It does not provide financial advice, investment advice, portfolio advice, or a guarantee of future market behavior. Market conditions can change quickly, and any signal or classification generated by the script can fail or become invalid. Users should make independent decisions and apply their own risk controls before acting on any chart output. In summary AG Pro OBV Pressure Divergence is a public, chart-based tool for analyzing divergence quality through the interaction of price structure and OBV pressure. Its main contribution is not that it detects divergence, but that it attempts to rank divergence events by structural relevance, pressure context, and follow-through state. For users who want a cleaner way to study whether price and participation are beginning to disagree, this script aims to provide a more selective and better-organized framework than a raw all-events divergence marker.
Pine Script® indicator
by AGProLabs
3
TX Volume Spike Overview: TX Volume Spike Pro is a sophisticated technical analysis tool designed to identify high-probability breakout and breakdown opportunities in STOCK trading. The core philosophy is "Volume confirms price." By combining price action breakout levels with directional volume spikes and advanced momentum filters, this script helps traders filter out market noise and identify institutional accumulation or distribution. Key Features: Directional Volume Spike Logic: Unlike standard volume indicators, TX Pro distinguishes between Bullish Spikes (accumulation) and Bearish Spikes (distribution). A signal is only valid if the recent volume surge aligns with the candle's direction. Hybrid Confirmation System: The "Hybrid" mode integrates several technical indicators—On-Balance Volume (OBV), Money Flow Index (MFI), and Volume Oscillator—to ensure that momentum and money flow are fully supporting the price move. Breakout/Breakdown Engine: Automatically identifies dynamic resistance (High) and support (Low) levels based on user-defined lookback periods. Institutional Trend Filter: Includes a 200-period SMA filter to ensure traders stay on the right side of the long-term trend, significantly reducing risk in trending markets. Professional UI: Features clean visual plots of key levels, directional bar highlighting for volume anomalies, and optimized signal labels. How to Use: Bullish Signal (BUY): Triggered when the price crosses over the Resistance level, confirmed by a Bullish Volume Spike within the lookback window, and supported by Hybrid filters (OBV/MFI/VO) if enabled. Bearish Signal (SELL): Triggered when the price crosses under the Support level, confirmed by a Bearish Volume Spike, and supported by momentum filters. Recommended Setting: Use the "Hybrid (All Filters)" mode for stock trading to ensure maximum confirmation. Disclaimer: This script is a technical analysis tool and should not be considered financial advice. Always use proper risk management and stop-loss orders in your trading strategy.
Pine Script® indicator
by Tonzlnxz
OBV Adaptive Volume [G IV]OBV Adaptive Volume This is the foundational Commitment component of the ET Massif Framework Research suite. Description G IV is an adaptive On-Balance Volume that caps extreme volume spikes and accepts any source as input, producing a clean and raw measure of accumulation and distribution pressure without the skew caused by abnormal volume events. Features Volume spike control – A configurable cap limits the impact of abnormal volume bursts, preventing volume spikes from overwhelming the cumulative total. By default, volume is capped at 2.5× the 180-period SMA of volume. Flexible input source – The indicator can be applied to any source, not just closing prices (HL2, OHLC4, or even other indicators). Raw participation focus – Designed to remain a direct measure of volume participation. Avoids the lag and noise common in heavily smoothed or oscillator-based OBV variants. Volume Spikes Matter Traditional volume indicators can be distorted when unusually large volume spikes occur. These spikes may reflect temporary liquidity events, news reactions, or block trades, which can heavily skew the OBV line and obscure the broader participation trend. Beyond a certain level of volume per bar, additional volume often represents churn rather than direction. How to Use Same as standard OBV: Rising values = accumulation; Falling values = distribution Confirmation Layer Apply the OBV transformation of any source to create a volume confirmation layer for other analytical tools (e.g. standard or custom indicators). Optionally, run a visual or z-score comparison between this output and the original source to identify divergences. In the above example, the OBV transformation is applied to TRIX (Triple Exponential Average) and shown alongside the original. Default Settings Source: Close Volume Cap: 2.5 Volume Lookback: 180 Volume cap and lookback can be adjusted depending on the instrument and market conditions. 日本語概要 (Japanese Summary) G IVは、極端な出来高スパイクを上限設定（180日SMAの2.5倍）で制御し、任意のソースを入力可能な適応型OBVです。価格だけでなくEMA等の各種指標にも出来高を反映した累積計算を適用でき、異常値による歪みを排除したクリーンな蓄積（Accumulation）と分配（Distribution）の傾向を、ラグを抑えた市場参加データとして視覚化します。 中文概要 (Chinese Summary) G IV 是一款自適應 OBV 指標，具備成交量上限機制（預設 180 週期 SMA 的 2.5 倍）以防止極端數值干擾，並支援自定義輸入來源。它能將成交量加權應用於價格或 EMA 等各類技術指標，有效排除異常波動帶來的偏誤，提供最原始且無滯後的市場吸納（Accumulation）與派發（Distribution）壓力數據。 Disclaimer This script is intended for research and educational purposes only. It does not constitute financial advice. Trading involves risk.
Pine Script® indicator
by et20tradeview
EOL Labs - Paragon HUD v2.2 Heads-Up Display for Trade Readiness───────────────────────────────────────────────────────────── 🧪 EOL Labs • Paragon HUD v2.2 — Heads-Up Display for Trade Readiness ───────────────────────────────────────────────────────────── A three-stage trade readiness system that walks you through the setup process — PREP, ARM, FIRE — so you never jump the gun on a trade that hasn't fully confirmed. ▸ HOW IT WORKS PREP — Conditions are aligning. Bias, slope, and filters agree that a move may be developing near VWAP. ARM — Price has crossed VWAP in the expected direction. Setup is loaded. Wait for the trigger. FIRE — EMA crossover confirms entry. Execute. ▸ KEY FEATURES • Three-stage state machine (PREP → ARM → FIRE) • VWAP proximity band for entries near fair value • T3-smoothed slope confirmation with configurable lookback • Higher-timeframe T3 directional gate (longs require HTF upslope, shorts require HTF downslope — symmetric logic) • OBV momentum filter with optional dynamic volume gate • ATR-based stop loss and risk-multiple take profit levels • Live SL/TP lines on chart (active side only, not spammed) • Floating HUD panel: state, side, entry, SL, TP, R:R, timer • Bar countdown timer shows seconds until current bar closes • Static alertcondition() for TradingView alert dialogs • Dynamic alert() with price levels for webhook automation ▸ RECOMMENDED SETTINGS Works on any instrument and timeframe. Designed for intraday trading on 1m–15m charts with a 60m HTF confirmation gate. Default parameters are tuned for general use — adjust the Bias Gate and ATR Stop multiplier for your instrument's volatility profile. ▸ NON-REPAINTING The HTF security call uses the close + lookahead_on pattern to ensure confirmed-only higher-timeframe data. Dynamic alerts fire only on barstate.isconfirmed.
Pine Script® indicator
by I5X-Albatross
Directional Volume Pressure (DVP) Directional Volume Pressure (DVP) Directional Volume Pressure (DVP) is a volume-based oscillator that estimates who is “winning” inside each candle (buyers or sellers), then smooths and optionally normalizes that estimate into a clean signal you can use for trend confirmation, momentum shifts, absorption spotting, and divergence. Unlike many “up volume vs down volume” tools that only look at whether the candle closed green/red, DVP also considers how much of the candle was real body vs wick. That matters, because a big wick often represents rejection, while a big body often represents acceptance/commitment. DVP outputs a histogram that oscillates around 0: Above 0 = net buying pressure (bulls dominating) Below 0 = net selling pressure (bears dominating) Crossing 0 = potential regime shift / momentum flip You can optionally add: Fast/Slow moving averages of the pressure (for regime + cross signals) Absorption detection (high volume, low real movement = likely large passive liquidity) Divergence detection (price makes new extreme, pressure fails to confirm) ±1 “zone” lines (when normalized) to highlight stronger-than-normal pressure 1) What the indicator is measuring (plain English) Every candle has: Range = high - low Body = abs(close - open) Body ratio = body / range (how much of the candle is “real move” vs wicks) DVP uses body ratio as a proxy for conviction: Large body / small wicks → stronger directional intent Small body / large wicks → more indecision / rejection Then it allocates the candle’s volume into two buckets: Bull volume Bear volume Finally it computes: Net Pressure = bull_volume - bear_volume Smooth it over time Normalize (optional) so it’s easier to compare across assets/timeframes This gives you a single line/histogram that answers: “Is volume pressure currently more bullish or bearish—and how unusually strong is it compared to recent history?” 2) How DVP splits volume into bullish vs bearish (how it works) A) If the candle closes green (close > open) The candle is treated as bull-dominant, and the body ratio decides how dominant: bull_volume = volume * body_ratio bear_volume = volume * (1 - body_ratio) So: Big green body → bull volume gets most of the volume Green candle with long wicks → bull volume gets less (because conviction is weaker) B) If the candle closes red (close < open) Mirror logic: bull_volume = volume * (1 - body_ratio) bear_volume = volume * body_ratio So: Big red body → bear volume gets most of the volume Red candle with long wicks → bear volume gets less C) If the candle is a doji (close == open) It uses a simple heuristic: Find the candle midpoint (high + low)/2 If the close is above the midpoint, it leans bullish; otherwise bearish It assigns 60/40 instead of 50/50 to avoid flatlining This prevents doji candles from always being “neutral” (because in real trading they often aren’t). 3) The smoothing pipeline (why it’s there) Raw volume pressure is noisy. So DVP smooths in two stages: Pressure sum pressure_sum = EMA(net_pressure, period) Final smoothing pressure_smooth = EMA(pressure_sum, smooth) What these do: Period controls the “memory” of pressure (how many bars matter). Smoothing is a final noise filter so the histogram isn’t jittery. Typical use: Lower timeframes (1m–15m): increase smoothing a bit Higher timeframes (4H–1D): you can reduce smoothing 4) Normalization options (how to choose) DVP offers 4 normalization modes. This is important because raw volume values are not comparable across markets (BTC vs a low-cap alt, or NY session vs Asia session, etc.). 4.1 Raw Shows the smoothed net pressure in absolute units. Best if you only trade one instrument and want pure, unscaled behavior. Downside: A volume regime change can distort interpretation. 4.2 Percent pressure_smooth / EMA(volume, period) Converts pressure into a relative fraction of recent volume Good for comparing across instruments a bit more fairly than Raw. Downside: Still not “statistically standardized.” 4.3 Z-Score (recommended) It computes a Z-score of pressure vs its recent history: mean = SMA(pressure_smooth, stat_period) std = StDev(pressure_smooth, stat_period) z = (pressure - mean) / std Then it clamps to avoid extreme outliers and rescales: clamp z to divide by 2 → roughly maps into about Why it’s powerful: Z-score tells you when pressure is unusually strong relative to the last stat_period bars. This is the best mode if you want: consistent “strong/weak” thresholds zone lines (±1) to mean something 4.4 Adaptive Scales pressure to a rolling min/max range: norm_adaptive = 2*(pressure - low)/(high-low) - 1 This forces output into based on recent extremes. Use it when: You want clean bounded visuals You trade assets with wildly changing volatility/volume Downside: It’s relative to the window, so extreme prints can “compress” everything else until they roll off. 5) Reading the histogram (the core skill) 5.1 Basic interpretation Green bars above 0: bullish pressure dominance Red bars below 0: bearish pressure dominance 5.2 Strength and “trend quality” In Z-score or Adaptive, the height of the bars matters a lot. Taller bars = stronger imbalance between bull vs bear volume allocation. A healthy trend often shows: bullish trend → consistent positive bars, pullbacks don’t push deeply negative bearish trend → consistent negative bars, bounces don’t push deeply positive 5.3 The “tell” One of the strongest tells is price moving up while DVP falls, or price moving down while DVP rises. That’s where absorption/divergence logic becomes useful. 6) Moving averages, regimes, and crosses (optional overlays) DVP can plot: Fast MA (default 9) Slow MA (default 21) MA type: SMA / EMA / WMA / VWMA 6.1 Regime definition Bullish regime: ma_fast > ma_slow Bearish regime: ma_fast < ma_slow The histogram color intensity changes depending on regime: When pressure aligns with regime, colors are “stronger” When pressure contradicts regime, colors are “faded” 6.2 Cross signals Bullish cross: fast MA crosses above slow MA Bearish cross: fast MA crosses below slow MA These are best used as: confirmation after a structure break early warning when pressure trend flips before price Tip: Crosses are more meaningful when: they occur near the zero line, or they occur alongside a strong Z-score push 7) Absorption detection (optional) Idea: Sometimes volume explodes, but price barely moves. That often implies absorption: large passive limit orders absorbing aggressive market orders “someone big” taking the other side without allowing progress How DVP flags absorption It checks two things: Volume Z-score is high Computes Z-score of volume over stat_period Triggers when it exceeds absorption_threshold (default 2.0 sigma) Price movement is small (relative to ATR) Measures body size vs ATR(14) Triggers if body/ATR is small (< 0.5) Then it classifies: If absorption happens while DVP is positive → bullish absorption marker If absorption happens while DVP is negative → bearish absorption marker How to use it Absorption is not automatically bullish or bearish. It’s more like: Bullish absorption can indicate “sellers got absorbed” and a base is forming Bearish absorption can indicate “buyers got absorbed” near tops/distribution Best practice: Use absorption at key levels (prior highs/lows, VWAP bands, value areas, trendlines) Combine with follow-through: the next few candles should confirm direction 8) Divergence detection (optional) DVP can look for simple divergence patterns over div_lookback bars: Bullish divergence (the concept) Price prints a lower low DVP prints a higher low And DVP is below 0 (selling pressure context) This often means: “Price pushed lower, but the selling pressure did not expand—downside may be weakening.” Bearish divergence (the concept) Price prints a higher high DVP prints a lower high And DVP is above 0 (buying pressure context) This often means: “Price pushed higher, but the buying pressure did not expand—upside may be weakening.” Important: Divergence works best when: it appears after an extended move it forms at prior liquidity (previous highs/lows) it’s followed by a clear structure break or zero-line shift in DVP 9) The ±1 zone lines (optional) If you enable Show ±1 Zones and you are not in Raw mode, the script plots: +1 zone −1 zone In Z-score mode, those zones are especially useful because they represent “unusually strong” pressure relative to recent history. Simple rule of thumb: Sustained bars beyond +1 → strong bullish control Sustained bars beyond −1 → strong bearish control Failure to reach zones during trend continuation attempts → weakening trend 10) Practical setups (copy/paste playbooks) Setup A — Clean trend confirmation (recommended) Normalization: Z-Score Period: 14 Smoothing: 3–5 Show MAs: ON (9/21 EMA) Show Crosses: optional How to trade it: Bias long when DVP > 0 and fast MA > slow MA Bias short when DVP < 0 and fast MA < slow MA Reduce risk when DVP starts contradicting regime repeatedly Setup B — Momentum shift + entries Z-Score Show Crosses: ON Watch for: pressure crossing 0 MA cross bar height expansion (strong push) Use it to confirm a breakout: Breakout candle + DVP expansion + bullish regime = higher quality breakout Setup C — Reversal hunting (advanced) Show Absorption: ON Show Divergence: ON Use Z-score zones Reversal checklist: Divergence near a key level Absorption print occurs around the same zone DVP crosses 0 or MA cross confirms Price breaks minor structure (swing high/low) 11) Common mistakes Treating DVP as a standalone entry signal. It’s strongest as a confirmation tool. Using Raw mode across multiple assets/timeframes and expecting consistent thresholds. Over-trusting divergence in choppy ranges without structure confirmation. Ignoring session effects (volume regimes change dramatically in some markets). 12) What each setting does (quick reference) Core Settings Period: lookback for pressure EMA (bigger = smoother/laggier) Smoothing: extra EMA smoothing on top (bigger = less noise) Normalization Raw: absolute pressure Percent: pressure relative to volume Z-Score: statistically standardized pressure (best for thresholds) Adaptive: min/max scaled to Statistical Period: lookback for Z-score + adaptive range Moving Averages Show MAs: plots fast/slow MA on pressure Show Crosses: plots ▲/▼ when fast crosses slow Fast / Slow MA: sensitivity vs stability MA Type: smoothing style Signals Show Absorption: highlights absorption bars + A markers Absorption Threshold: how extreme volume must be (sigma) Show Divergence: plots D markers Divergence Lookback: scan window for extremes Show ±1 Zones: plots zone lines when normalized 13) Short “store page” style summary (if you need it) Directional Volume Pressure (DVP) estimates buyer vs seller dominance by allocating each candle’s volume based on body-to-range structure, then smoothing and normalizing it into an oscillator around zero. Use it to confirm trends (pressure above/below zero), identify regime shifts (MA crosses and zero-line flips), spot absorption (high volume with low real movement), and detect divergences when price extremes are not confirmed by volume pressure. Z-score normalization is recommended for consistent thresholds and zone-based interpretation across markets and timeframes.
Pine Script® indicator
by KevinSvenson_