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Candle Strength Analyzer by The Ultimate Bull Run🎯 WHAT IT MEASURES The score combines 4 key factors: 1️⃣ BODY RATIO (30%) How much of the candle is "body" vs "wicks" • 90%+ = Marubozu (very strong) • 70%+ = Strong • <30% = Weak/Indecision 2️⃣ CLOSE POSITION (25%) Where the candle closed within its range • Bullish closing near high = Strong • Bearish closing near low = Strong • Closing in middle = Weak 3️⃣ RELATIVE VOLUME - RVOL (25%) Current volume compared to average • RVOL 2.0+ = Very high activity • RVOL 1.5+ = High (confirmed move) • RVOL <0.7 = Low (unconfirmed) 4️⃣ SIZE vs ATR (20%) Candle size compared to typical volatility • 2x ATR = Large, significant • 1x ATR = Normal • 0.5x ATR = Small, insignificant
Pine Script® indicator
by TheUltimateBullRun
QT-Cycles-Clear-View(Theory by DAYE)Quarter Theory – Short Summary each cycle is segmented into four sequential quarters (Q1–Q4). Each quarter reflects a distinct phase of liquidity, volatility, and participant behavior. The theory focuses on when price is likely to move, rather than predicting direction. Implemented Cycles W.C (Weekly Cycle) – Day-to-day quarters on the 1H chart D.C (Daily Cycle) – 6-hour quarters on the 15-minute chart 90M Cycle – Quarters within each 90-minute period Micro Cycle – Short-term quarters within 23-minute cycles / Theory © DAYE // Indicator implementation by M.A // All rights to the original theory belong to DAYE. // This script is an independent implementation.
Pine Script® indicator
by matiu3345
ADP Heiken Ashi [Wonra]**Heiken Ashi candles dynamically colored by Accumulation/Distribution Pressure (ADP) zones for enhanced trend visualization** --- ## 📝 Full Description: ### ADP Heiken Ashi This indicator combines **Heiken Ashi candles** with **Accumulation/Distribution Pressure (ADP)** analysis to provide enhanced trend visualization through dynamic candle coloring. --- ### 🔬 How It Works **Accumulation/Distribution Pressure (ADP)** is a volume-weighted momentum oscillator that measures buying and selling pressure on a 0-100 scale: - **ADP < 45**: Accumulation Zone (buying pressure dominant) - **ADP > 55**: Distribution Zone (selling pressure dominant) - **ADP 45-55**: Neutral Zone (balanced pressure) **The Calculation:** 1. Price change is compared to True Range to determine directional strength 2. Volume is applied as a weight to amplify significant moves 3. RMA smoothing creates a stable 0-100 oscillator 4. A JMA (Jurik Moving Average) signal line provides trend context **Heiken Ashi candles** are then colored based on the ADP zone: - **Bright Green**: Bullish HA candle in Accumulation Zone with rising ADP - **Bright Red**: Bearish HA candle in Distribution Zone with falling ADP - **Orange**: Bullish HA in Distribution (potential exhaustion warning) - **Blue**: Bearish HA in Accumulation (potential reversal brewing) --- ### 🎨 Visual Guide | Candle Color | Meaning | |--------------|---------| | **Bright Green** | Strong bullish momentum + smart money accumulating | | **Light Green** | Bullish but neutral zone - proceed with caution | | **Bright Red** | Strong bearish momentum + distribution underway | | **Light Red** | Bearish but neutral zone - watch for changes | | **Orange** | Bullish price but distribution detected - warning | | **Blue** | Bearish price but accumulation detected - reversal possible | --- ### ⚙️ Settings **ADP Settings:** - `ADP Period` (default: 14): Lookback period for pressure calculation - `AD Weight`: Balance between pure AD ratio and signed weighting - `Price Weighted Volume`: Apply price as additional volume weight **JMA Signal Settings:** - `JMA Length` (default: 21): Smoothing period for signal line - `JMA Phase`: Overshoot control (-100 to +100) - `JMA Power`: Smoothness factor (1-5) **Zone Settings:** - `Accumulation Zone`: ADP level below which accumulation is detected - `Distribution Zone`: ADP level above which distribution is detected --- ### 📊 Info Panel The top-right panel displays: - Current ADP value with zone coloring - JMA signal line value - Current zone status (Accumulation/Distribution/Neutral) - ADP momentum direction (Rising/Falling) --- ### 📈 Best Use Cases - **Trend Confirmation**: Verify trend strength through zone analysis - **Divergence Detection**: Price vs ADP zone divergence - **Momentum Analysis**: Track accumulation/distribution phases - **Context Overlay**: Use alongside other analysis tools --- ### ⚠️ Important Notes - This is a **visualization tool**, not a trading signal generator - Heiken Ashi candles smooth price action and may lag real prices - Always combine with other analysis methods - Past performance does not guarantee future results --- ### 🔄 Version History **v1.1** - Simplified to pure visualization tool - Enhanced ADP zone coloring - Added JMA signal line for context - Streamlined info panel --- **Created by Wonra | 2025**
Pine Script® indicator
by wonra23
Intraday for Future By TradeEarnIntraday Strategy (StochRSI + VWAP + EMA) Overview The Intraday Pullback Scalper is a specialized trend-following strategy designed for futures and equity traders who prefer to enter existing trends on pullbacks rather than chasing breakouts. By combining volume-weighted data (VWAP) with exponential moving averages (EMA) and momentum oscillators (Stochastic RSI), this script identifies high-probability entry points during intraday sessions. It includes built-in automation hooks (Alerts) compatible with bridge services for seamless execution. How It Works The strategy relies on a three-step confirmation process to filter noise and precision-time entries: Trend Definition (The Filter): VWAP (Volume Weighted Average Price): Acts as the primary regime filter. Longs are only permitted if price > VWAP; Shorts only if price < VWAP. EMA (Exponential Moving Average): A secondary trend filter (default 100 periods) ensures alignment with the broader trend. Time Range Breakout (Optional): Users can enable an "Initial Balance" filter where trades are only taken if the price breaks out of a specific time range (e.g., first hour High/Low). Entry Trigger (The Signal): Long Entry: The market must be in an Uptrend (Price > VWAP & EMA). The script waits for a "dip" where the Stochastic RSI drops below the Oversold level (default 20) and then crosses back up. Short Entry: The market must be in a Downtrend (Price < VWAP & EMA). The script waits for a "rally" where the Stochastic RSI rises above the Overbought level (default 80) and then crosses back down. Risk Management: The strategy uses fixed Target Profit and Stop Loss values defined in currency (₹) relative to the trade quantity. It features visual SL and TP lines on the chart for the duration of the trade to assist with manual monitoring. Key Features Universal Compatibility: Works on the "Current Chart" (Nifty, Bank Nifty, Stocks, Commodities) without needing complex dropdown selection. Visual Dashboard: An on-screen table displays the Current Trade Status (Long/Short), Trend Direction, and Running P&L in real-time. Algobaba Bridge Ready: Pre-formatted alert messages are included for users utilizing the Algobaba bridge for automation (supports MIS/NRML product types). Customizable Trend Filters: Users can toggle the Time Range filter or adjust the VWAP Anchor (Session, Week, Month). Settings & Configuration Trade Quantity: Set your default lot size (e.g., 50 for Nifty). Risk Settings: Define Target and Stop Loss in Rupees (₹) per trade setup. Indicators: Adjustable lengths for EMA, RSI, and Stochastic. Trading Window: Restrict entries to specific session hours (e.g., 09:15 - 15:10). ⚠️ IMPORTANT DISCLAIMER & RISK WARNING ⚠️ 1. Educational Purpose Only This strategy script is provided solely for educational, informational, and research purposes. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any securities, futures, or derivatives. The author is not a SEBI registered Research Analyst or Investment Advisor. 2. No Guarantee of Profit The "P&L" and performance metrics displayed on the chart are hypothetical and based on historical data. Past performance is not indicative of future results. Market conditions change, and a strategy that worked in the past may fail in the future. 3. Limitations of Backtesting Slippage & Commission: The script results may not fully account for real-world execution costs such as broker commissions, taxes (STT/GST), slippage, or liquidity issues. Repainting/Data Lag: While every effort is made to ensure code stability, real-time data feeds may vary from historical data due to internet latency or data provider differences. 4. High Risk in Derivatives Trading Futures and Options (F&O) involves a substantial risk of loss and is not suitable for every investor. You can lose more than your initial capital. Please assess your risk tolerance and financial situation before trading. 5. Automation & Third-Party Tools This script includes alert messages formatted for third-party bridge services (e.g., Algobaba). The author assumes no responsibility for: Technical failures, API errors, or connectivity issues with your broker or bridge provider. Incorrect order execution resulting from automation. Users are solely responsible for monitoring their trades and verifying order execution. Usage Agreement By using this script, you acknowledge that you are trading at your own risk and hold the author harmless from any losses incurred. Always test on a paper trading account before deploying real capital.
Pine Script® strategy
by MANJUCSW5
Project AETHER v3.1 - The Chronos Interface [Ghost Edition]**Advanced price action indicator with Ghost Candles, Smart Zones, and Momentum-Based Entry Signals** **Project AETHER v3.1: The Chronos Interface ** A sophisticated multi-layered trading system designed to identify high-probability entry points by combining structural analysis with momentum confirmation. --- #### 🌟 KEY FEATURES **Ghost Candle Technology** - Hollow candles reveal the true nature of price action - Color-coded visualization: Neon glow indicates strength, transparency shows absorption - Instantly distinguish between impulse moves and liquidity traps **Context-Aware Structure Analysis** - Automatic detection of Market Structure Shifts (MSS) - Break of Structure (BOS) identification with clean visual markers - Narrative-based approach: Know when you're trading with or against the trend **Counter-Attack Zones (Breaker Blocks)** - Identifies potential reversal zones where trapped traders exist - Semi-transparent boxes mark areas of interest - Perfect for planning entries at key institutional levels **Golden Pocket Integration** - Dynamic support/resistance zones based on price swings - Automatic pivot detection adapts to any timeframe - Optional inverted zones for both bullish and bearish scenarios **W Power Confirmation System** - Proprietary momentum algorithm for signal validation - Customizable sensitivity levels for different market conditions - Filters out weak signals, highlights high-conviction entries **Smart Signal Generation** - ⚡ **GP LONG/SHORT**: Zone touch + momentum confirmation - 🔄 **REVERSAL**: Rejection signals when price fails to hold zones - Built-in cooldown prevents signal spam - ATR-based label positioning for clean charts --- #### ⚙️ CUSTOMIZATION **Context Settings** - Structure sensitivity adjustment - BOS/MSS visualization toggle **Defense (Breaker) Settings** - Counter-attack zone visibility - Volume and efficiency thresholds **Golden Pocket Settings** - Pivot detection length - Bullish/Bearish zone toggles - Signal cooldown period - Normal and Reversal signal modes - ATR-based reversal zone sizing **W Power Settings** - Enable/disable momentum filter - Channel and average length tuning - Custom level thresholds for long/short entries - Precise control over signal sensitivity --- #### 📈 BEST USE CASES - **Swing Trading**: Identify key reversal zones - **Scalping**: Quick entries with momentum confirmation - **Trend Following**: Structure-based entries in direction of trend - **Reversal Trading**: Catch failed breakouts with reversal signals --- #### 💡 HOW TO USE 1. **Add indicator to chart** - Ghost candles will automatically overlay 2. **Watch for structure** - Green/Red backgrounds show bullish/bearish bias 3. **Wait for zone touches** - Price approaching golden zones 4. **Confirm with momentum** - ⚡ or 🔄 signals appear when conditions align 5. **Manage trades** - Use zone boundaries for stop-loss placement --- #### ⚠️ DISCLAIMER This indicator is for educational purposes only. Trading involves risk of loss. Past performance is not indicative of future results. Always use proper risk management and never risk more than you can afford to lose. --- #### 🔄 VERSION HISTORY **v3.1 - Ghost Edition** - Complete visual overhaul with Ghost Candle technology - Added W Power momentum confirmation system - Improved GP zone detection - Added Reversal signal mode - Enhanced signal timing with Touch & Wait system - ATR-based label positioning - Multiple cooldown mechanisms --- **Tags**: `price-action` `momentum` `reversal` `support-resistance` `swing-trading` `scalping` `structure` `breaker-blocks` `smart-money`
Pine Script® indicator
by wonra23
Phantom Trend Filter [BOSWaves]Phantom Trend Filter - Volatility-Gated Trend Mapping with Fake Move Suppression Overview Phantom Trend Filter is a market-state and trend-validation framework designed to help traders distinguish between directional opportunity and structural noise. Rather than attempting to predict price or generate constant entry signals, Phantom focuses on identifying when trend information is reliable and when it should be ignored. Most indicators attempt to remain active at all times. Phantom does the opposite. It is built around the idea that markets frequently enter conditions where directional interpretation is misleading - whether through consolidation, volatility expansion, artificial momentum bursts, or weak underlying trend participation. In these phases, acting on trend information often leads to poor trade quality. Phantom is designed to recognize these environments and deliberately suppress bias during them. The result is an indicator that spends a meaningful amount of time telling the trader not to trade. Conceptual Alignment and Regime Philosophy Phantom operates on a regime-aware philosophy similar to advanced volatility frameworks: markets transition through identifiable states, and not all states are suitable for directional interpretation. Rather than measuring opportunity by price movement alone, Phantom evaluates whether participation, volatility behavior, and directional imbalance are aligned. When these elements diverge, trend interpretation becomes statistically fragile. Phantom reframes trend analysis away from constant engagement and toward conditional relevance. It does not ask where price is likely to go, but whether directional reasoning is currently justified at all. Structural Trend Framework At its core, Phantom Trend Filter employs a low-lag filtering mechanism designed to model price behavior across two distinct temporal sensitivities. One component responds rapidly to immediate price pressure, while the other captures broader directional context. Together, they form an adaptive structure that tracks price fluidly without relying on fixed bands, static smoothing, or conventional averaging assumptions. Rather than treating these components as isolated signals, Phantom interprets their interaction as a cohesive trend framework. The space between them defines an active zone where price engagement conveys information about market participation, continuation strength, or emerging exhaustion. A dynamically calculated balance reference within this structure reflects the equilibrium between short-term pressure and higher-order directional force. Trend direction is derived strictly from relative structural positioning, not exaggerated slope changes or reactive trigger events. This design minimizes over-responsiveness and maintains structural integrity during consolidation phases, avoiding the constant recalibration common in traditional trend tools. Market State Awareness and Filtering Philosophy Trend indicators often fail not because their logic is incorrect, but because they are applied indiscriminately across all market states. Phantom is built around the assumption that trend logic is only meaningful when certain conditions are met. To address this, Phantom incorporates multiple independent measurements designed to assess whether current price movement represents genuine directional intent or transient distortion. These measurements do not attempt to forecast price; instead, they evaluate quality. Volatility is assessed relative to historical baselines rather than absolute expansion. Momentum is normalized to avoid reacting to short-lived impulses. Trend strength is evaluated through directional imbalance rather than price slope alone. Price behavior is examined for whipsaw characteristics, where range expansion lacks follow-through. Consolidation is detected when price variance collapses relative to recent volatility. Each of these components serves a single purpose: to decide whether trend interpretation should be trusted. State-Based Regime Transitions Phantom internally classifies market behavior into functional states rather than continuous gradients. These states are expressed visually through color, structure, and suppression rather than explicit labels. A validated trend state emerges only when structural alignment, normalized volatility behavior, and directional imbalance agree. In contrast, when destabilizing forces dominate — such as volatility distortion, weak participation, compression, or whipsaw behavior - Phantom enters a suppressed state and removes directional bias entirely. Transitions between these states are deliberately conservative. Phantom requires stabilization before re-enabling trend interpretation, preventing rapid flip-flopping during unstable market phases. Fake Move Identification When one or more destabilizing conditions are detected, Phantom classifies the environment as unreliable. These situations often correspond to what traders colloquially refer to as fake pumps, fake dumps, stop hunts, or algorithmic noise - though Phantom does not rely on labels or narrative. In these states, Phantom intentionally removes directional bias. The indicator does not attempt to guess the eventual outcome of the move. Instead, it signals that any directional interpretation at that moment is statistically weaker. This design choice is intentional and conservative. Phantom prioritizes capital protection and decision clarity over constant engagement. Relationship to Volatility and Participation Although Phantom is not a volatility oscillator, volatility behavior plays a critical contextual role in its filtering logic. Rather than reacting to absolute volatility expansion, Phantom evaluates volatility relative to recent structural norms and directional participation. Elevated volatility without directional imbalance is treated as noise. Directional imbalance without supportive volatility structure is treated as fragile. This allows Phantom to suppress visually convincing but structurally weak moves - the type most commonly responsible for overtrading and stop-outs. Visual Communication and Interpretation Phantom communicates market state primarily through color and structure rather than symbols, markers, or signal arrows. This is a deliberate design decision aimed at reducing cognitive load. When conditions validate a bullish environment, the Phantom structure and candles adopt a bullish color (green). When bearish conditions are validated, the structure reflects that state, adopting a bearish color (red). When filtering conditions dominate, the indicator shifts into a neutral gray state across bands, fills, and candles. Gray is not indecision — it is information. It communicates that the system’s internal conditions do not support directional conviction. Traders are expected to interpret this as a stand-aside environment or as a warning against aggressive execution. Adaptive Behavior and Trading Styles Phantom offers two operational modes that adjust its sensitivity without altering its underlying philosophy. A faster mode responds more quickly to changes in price structure and is more suitable for lower timeframes or scalping environments. A slower mode increases stability, favoring higher timeframes and swing-based decision-making. Importantly, neither mode attempts to optimize for signal frequency. Both prioritize environment validation first and directional interpretation second. Use Cases Use Case 1: Trend Participation With Built-In Noise Suppression Phantom Trend Filter is designed for traders who want directional exposure without getting chopped to death. The adaptive trend structure highlights when price is being accepted within a dominant directional regime, while automatically muting conditions associated with weak participation, consolidation, or engineered volatility. When the Phantom zone is colored and stable, it signals that price is operating within a structurally supported trend environment. When the zone turns neutral, it’s not indecision — it’s a warning that directional assumptions are statistically weak and capital should be protected. This makes Phantom especially effective as a trend permission filter rather than a trigger generator. Use Case 2: Fake Pump / Dump Avoidance in High-Volatility Markets In fast-moving or thin-liquidity conditions, Phantom excels at identifying structurally invalid moves - sharp expansions driven by volatility spikes, momentum bursts, or whipsaw price behavior that lack trend integrity. Instead of chasing candles, traders can use Phantom’s neutral state to stand aside during manipulated or exhaustion-driven moves, then re-engage only when price behavior realigns with sustained directional pressure. Alerts and Practical Integration Alerts within Phantom are intentionally conservative. Directional alerts only trigger when trend conditions are met and filtering logic is inactive. This ensures alerts correspond to structurally valid environments rather than transient fluctuations. An additional alert notifies the user when Phantom detects unreliable conditions. This is not an entry or exit signal, but a contextual warning that trend-based logic may be compromised. Phantom is best used as a filtering and confirmation layer rather than a standalone strategy. It pairs naturally with execution-based systems, structure tools, or discretionary price action approaches that benefit from knowing when trend bias is valid. Design Intent and Limitations Phantom Trend Filter is not designed to call tops or bottoms. It is not optimized for maximum trade frequency. It will intentionally keep traders out of the market during extended periods of uncertainty. This is not a flaw. It reflects a design philosophy centered on reducing poor-quality decisions rather than maximizing engagement. Traders who expect constant activity will find Phantom restrictive. Traders who prioritize clarity, patience, and structural alignment will find it useful. What Phantom Is Not Phantom is not a signal generator. It is not a predictive model. It is not designed to extract profit from every phase of the market. Its value emerges through omission - by identifying when trend logic should not be applied. Integration With Execution and Structure Tools Phantom is most effective when paired with tools that answer how to execute rather than whether to engage. In this role, Phantom acts as a gating mechanism, conditioning execution logic rather than replacing it. Operational Expectations Phantom will spend extended periods in a neutral state. This behavior is intentional. Markets spend more time transitioning, compressing, and distorting than trending cleanly. Phantom reflects this reality rather than obscuring it. Final Notes No indicator removes risk. No filter eliminates losses. Phantom does not attempt to outperform the market; it attempts to improve the conditions under which decisions are made. Used correctly, it helps traders trade less - but trade better. Risk Disclaimer Phantom Trend Filter is a professional-grade trend-regime and volatility-filtering tool provided for educational and informational purposes only and does not constitute financial advice. It does not predict future price movement and does not guarantee profitability. Trading involves significant risk, and past performance is not indicative of future results. Performance depends on market conditions, parameter selection, disciplined execution, and proper risk management. Users are solely responsible for their own analysis, risk controls, and execution decisions.
Pine Script® indicator
by BOSWaves
Pro Towers Indicator Pro Towers Indicator is a professional all-in-one trading tool that combines buy signals, breakout candles, trend tracking, volume analysis, multi-timeframe dashboards, and target systems into a single indicator. The indicator features: Multi-timeframe signals dashboard Colored breakout candles for clear visual entries Golden volume candle to highlight strong momentum Smart bottom confirmation signals Daily, weekly, and monthly breakout detection Bullish trend tracking with buy signals Volume and classic indicators information banner Automatic entry, take-profit, and stop-loss levels based on the latest signal candle Designed with a clean and customizable visual style suitable for different trading approaches. Disclaimer: This indicator is for technical analysis purposes only and does not constitute financial advice. Pro Towers Indicator هو مؤشر احترافي متكامل يجمع بين إشارات الشراء، نماذج الشموع، اختراقات السعر، متابعة الترند، أنظمة الأهداف، ولوحات عرض متعددة الأطر الزمنية في أداة واحدة. يوفّر المؤشر: لوحة إشارات متعددة الفريمات (Multi-Timeframe Dashboard) شموع اختراق ملوّنة لتوضيح فرص الشراء بصريًا شمعة الحجم الذهبي لاكتشاف الزخم القوي إشارات قاع ذكية لتحديد مناطق الانعكاس نظام اختراق المستويات اليومية، الأسبوعية، والشهرية نظام تتبع الترند الصاعد مع إشارات شراء شريط معلومات للمؤشرات الحجمية والكلاسيكية نظام أهداف ووقف خسارة تلقائي يعتمد على آخر شمعة إشارة تم تصميم المؤشر بأسلوب بصري واضح وقابل للتخصيص ليتناسب مع مختلف أساليب التداول. تنويه: هذا المؤشر أداة تحليل فني فقط ولا يُعد توصية استثمارية.
Pine Script® indicator
by AbunawafAlotabi
1
FairValueGap [Tradeuminati]Tradeuminati – (i)FVG is a free Fair Value Gap indicator for TradingView, built on a precise 3-candle structure and extended with Inverted Fair Value Gaps (iFVG) and an optional structure-based trend overview. The indicator focuses exclusively on confirmed market structure, avoiding repainting and intrabar signals. 🔹 Features Overview Fair Value Gaps (FVG) - Detection of bullish and bearish Fair Value Gaps using a 3-candle formation - FVGs are only displayed after the confirming candle has closed - A Fair Value Gap remains valid until it is invalidated by a candle close - Fully customizable colors, labels, and right-side extension Fair Value Gaps (FVG) - Detection of bullish and bearish Fair Value Gaps using a 3-candle formation - FVGs are only displayed after the confirming candle has closed - A Fair Value Gap remains valid until it is invalidated by a candle close - Fully customizable colors, labels, and right-side extension Trend Detection (Optional) - Structure-based trend analysis on the 15-minute and 1-hour timeframes - Trend is defined using Swing Highs and Swing Lows: --> Higher Highs + Higher Lows → Uptrend --> Lower Highs + Lower Lows → Downtrend - Swing definition: center candle with X candles to the left and right (default: 1, fully adjustable) - Trend is displayed in a compact trend table in the top-right corner - Visual trend representation: ▲ Green = Uptrend ▼ Red = Downtrend – Neutral / not yet confirmed - Trend table can be enabled or disabled via settings 🔹 Technical Characteristics - No repainting - No intrabar signals - Only confirmed candle closes are used - Works on all markets and all timeframes - Lightweight and performance-friendly 🔹 Use Case This indicator is designed for traders who work with Price Action, Smart Money Concepts, market structure, or liquidity-based trading models, and who require a clear and reliable visualization of Fair Value Gaps and market trend. ⚠️ Disclaimer This indicator does not provide trading or investment advice. It is intended solely for technical chart analysis and decision support.
Pine Script® indicator
by DonauTrading
PSP VPCR Lead-Lag Sell Signal V2 30MTF 10% ProfitDescription The PSP VPCR Lead-Lag Sell Signal V2 is an advanced sentiment-based trading tool designed to identify high-probability trend reversals in the Nifty Index and other markets. It operates on the "Lead-Lag" principle, which recognizes that Options Data—specifically the Volume Put Call Ratio (VPCR)—often moves ahead of the actual spot price. By analyzing the divergence between price action and VPCR, this indicator detects when market momentum is losing steam even if prices are still climbing, or finding hidden strength even if prices are falling. How it Works The script uses a sophisticated Pivot-Based Divergence logic to ensure high accuracy and minimal noise: Negative Divergence (Sell Signal): Occurs when the Nifty spot price makes a new "High," but the VPCR fails to break its previous "High". This indicates a lack of aggressive put writing at higher levels, signaling a potential market top. Positive Divergence (Buy Signal): Occurs when the price makes a new "Low," but the VPCR remains above its previous "Low". This suggests hidden support and a potential trend reversal to the upside. Non-Repainting Logic: To ensure reliability, the signals are generated based on confirmed pivot points. Once a candle closes and the pivot is confirmed, the signal remains fixed on the chart. Key Features Lead-Lag Analysis: Uses VPCR as a leading indicator to predict price exhaustion before it happens. Optimized for Performance: Unlike basic divergence scripts that fire on every candle, this version uses a Pivot Lookback system to filter out market noise and provide only significant signals. Multi-Market Applicability: While designed for Nifty, it can be applied to any asset where VPCR or similar volume-based PCR data is available. Usage Instructions Indicator Setup: Add the script to your chart (ideally on 5m, 15m, or 30m timeframes). External Data Source: In the indicator settings, link the VPCR Data Source to your preferred VPCR indicator or data feed. Trade Confirmation: Use the SELL (DIV) and BUY (DIV) labels as a primary signal, confirming with your existing price action or volume-based strategies.
Pine Script® indicator
by pushpandrasingh
Gyakkou Kyokushou System (Invite-only Overlay)This is an invite-only overlay indicator designed to help visually organize market context and reduce chart clutter. It does not execute trades. It provides visual guidance and optional alerts for decision support. It overlays multiple visual modules such as trend ribbons (short/long moving-average ribbons), a moving-average bundle (GMMA-style visualization), Bollinger Bands for volatility reference, market session highlighting (Tokyo/London/New York with configurable time windows), and optional take-profit alerts based on a Heikin Ashi reference. Each module can be enabled/disabled, and colors/session times can be customized in settings. This indicator is not financial advice. Signals/alerts are for reference only and do not guarantee results. これは招待専用のオーバーレイ型インジケーターです。相場の状況を見やすく整理し、判断の補助として使います。自動売買は行いません。 短期帯／長期帯の移動平均の帯、移動平均線の束（GMMA風）、ボリンジャーバンド、市場時間（東京・ロンドン・NY）の背景ハイライト（時間は設定で変更可能）、平均足を参照した利確補助アラート等を、チャート上に重ねて表示します。各表示はオン／オフでき、色や時間などは設定から調整できます。 本インジケーターは投資助言ではありません。表示やアラートは参考情報であり、結果を保証しません。
Pine Script® indicator
by TM_TradeMaster
StockRadar - Gap Trading SystemStockRadar – Gap Trading System StockRadar – Gap Trading System is a visual gap-detection and gap-trading helper for TradingView. It identifies significant price gaps, tracks how they evolve over time (unfilled, partially filled, fully closed, or time-limited), and simulates a structured gap-fill trade plan with configurable entry, stop-loss and take-profit logic. The goal is to help you spot high-quality gap opportunities faster and review historical performance directly on the chart. What it does Detects relevant gaps based on a minimum deviation threshold and plots them as clear, color-coded gap boxes. Monitors each gap’s lifecycle and marks whether it stays open, gets partially filled, fully closed, or is closed by a time limit (optional). Simulates a trade setup per gap using: a configurable Trade Entry Trigger a configurable Risk/Reward ratio a configurable Take-Profit at Gap Close (%) Visualizes the setup and outcome with entry/exit markers, SL/TP levels, and profit/loss labels. Key features Gap Visualization Color-coded boxes for open / partial / fully closed / time-limited gaps Optional remaining gap size (%) display Adjustable border and fill transparency Pre-entry vs active-trade shading inside the gap box for better readability Trade Simulation & Chart Markings Trade Entry Trigger: Candle Close (more conservative) Wick Touch (more aggressive) Stop-Loss & Take-Profit lines drawn for all relevant gaps (not only the newest ones) Optional “SL” / “TP” labels on the lines (menu toggle) Entry vertical line inside the gap box to show where the trade became active Trade result labels including profit/loss in % for completed trades High-Probability Alerts (⚡) Discrete ⚡ icon displayed inside the top-left corner of the gap box for high-probability setups (toggleable) Uses historical performance context (win rate / break-even logic) to support more selective alerts Dashboard (On-Chart Panel) Clear PROFITABLE / NOT PROFITABLE / INSUFFICIENT DATA status based on win rate vs break-even and sample size Shows key stats and (optional) trend speed analysis “Data since” field to display the earliest evaluated gap date for transparency Position Sizing Calculator (Optional) Toggleable Position Sizing section Input your available capital and risk % per trade Calculates suggested share quantity (rounded down) for the latest high-probability setup Displays entry price, position value, currency, and highlights when capital is insufficient Who it’s for This indicator is designed for traders who work with gap-fill behavior and want: fast and consistent gap identification, structured trade levels (entry/SL/TP), clean historical review of outcomes, and an at-a-glance dashboard summary without leaving the chart. Notes / Disclaimer This script is a charting and analysis tool, not financial advice. Always validate signals with your own risk management and market context. Past performance statistics are informational and do not guarantee future results.
Pine Script® indicator
by StockradarAI
Footprint.Pro [Elykia]OVERVIEW The Footprint Pro is a comprehensive Order Flow and Footprint analysis tool designed to visualize buying and selling pressure inside each candlestick. Unlike standard charts that only show OHLC, this script reconstructs the internal volume distribution to display the interaction between buyers (Ask) and sellers (Bid) at every price level. METHODOLOGY & DATA PRECISION For maximum accuracy, this script is designed to be applied on a 1-second (1s) chart timeframe . Reconstruction Engine: It harvests granular 1-second data to reconstruct and draw Footprint candles for higher timeframes (from 1 Minute up to 15 Minutes). Why 1-second? By processing 1-second intervals, the script captures the exact price levels where volume was traded with near-tick precision. This allows for the creation of accurate Volume Profiles and Delta calculations inside the candle, creating a high-definition view impossible to achieve with standard timeframe data. CALCULATION MODES & STYLES The script processes this data using distinct algorithms and visualization styles to adapt to different market conditions. Timeframe Mode: Reconstructs standard time-based footprints (e.g., viewing M5 candles while remaining on the 1s chart). Simulated Range Bars: Uses a custom algorithm to ignore time and close bars based on pure price movement (Volatility). Why use Range Mode? Unlike time-based charts, Range bars filter out "noise" during low volatility (choppy markets) and clarify market structure, allowing traders to see pure price action and volume distribution without the distortion of time. Visualization Styles: Standard Style: Displays the numeric Bid x Ask values for precise reading of order flow. Profile Style: Displays a Volume Histogram inside the candle for a visual reading of volume nodes. KEY FEATURES & ORIGINALITY 1. Multi-Timeframe SMT Divergence Engine The "Smart Money Technique" (SMT) module performs a background scan on 4 distinct timeframes simultaneously (e.g., 30s, 1m, 2m, 5m). Logic: It continuously compares the Pivots (Highs/Lows) of the current asset against a correlated comparison asset (e.g., NQ vs. ES or EURUSD vs. DXY). Signal: If Asset A makes a Higher High while Asset B makes a Lower High on ANY of the 4 monitored timeframes, a specific divergence label is plotted on the chart. 2. Imbalance & Stacked Imbalances The script detects volume "Imbalances" (diagonal aggressive volume disparity). Stacked Imbalances: If three consecutive imbalances are detected, the script draws a "Wall" zone (box), highlighting areas where aggressive participants trapped the market or defended a level. 3. Smart Assistant (Real-time Context) To assist traders in live conditions, a logic engine analyzes the last 5-10 reconstructed candles to provide context labels: Liquidity Sweeps: Breaks of recent highs/lows followed by immediate rejection (Turtle Soup). Absorption: High volume traded without price progression (Limit orders blocking Market orders). Traps: High Delta in the opposite direction of the candle color. INCLUDED SETUPS The script monitors volume anomalies and displays specific markers (Triangles): Setup 1 (Rejection): Detects a wicked candle where the Delta confirms the rejection direction. Setup 2 (Exhaustion): Identifies the end of a move by detecting a sharp drop in Volume combined with a POC located at the candle's extreme. Setup 3 (Failed Aggression): Identifies "Stopping Volume" where a massive volume spike fails to push the price further. IMPORTANT: READ BEFORE USE This script uses a granular reconstruction engine. To work correctly, you MUST set your chart timeframe to 1 second (1s) . Default Configuration: The indicator is pre-configured to display 1-Minute Footprints. For Range Mode, the script includes an Auto-Range feature that automatically sets the Range Height based on the ticker symbol detected (e.g., specific values for ES, NQ, BTC, etc.). All these parameters (Timeframe, Range Height, Auto-Mode) can be customized in the Indicator Settings (Inputs). Step-by-Step Setup: Open your chart and select the 1-second (1s) timeframe. Hide the original candles: Click the "Eye" icon next to the main symbol name (top left) or set the main candle opacity to 0. This is necessary to see the Footprint clearly without the 1s bars cluttering the view. Add the indicator to the chart. The script will load with the default 1-minute configuration. To change it (e.g., to Range Bars), open the Settings. DISCLAIMER This tool is for informational and educational purposes only. It does not constitute financial advice or a signal service. Past performance of the detected patterns (SMT, Imbalances) does not guarantee future results. Trading involves a high level of risk. ACCESS This is an invite-only script. To obtain access, please use the link provided in the Signature field below.
Pine Script® indicator
by ElykiaTrading
Luis-Enrico Future to CFD Price CalculatorThis tool converts a futures price into the corresponding CFD price, including entry, stop loss, and optionally take profit levels. It provides a simple way to align trade levels between futures and CFDs. Custom CFD Selection The CFD instrument can be custom-selected from brokers available on TradingView, allowing the calculation to reflect the user’s specific CFD feed. Intended Use Designed for quick trade level conversion between futures and CFDs, supporting discretionary analysis and planning.
Pine Script® indicator
by Luis-Enrico
Luis-Enrico Valuation ToolThe valuation tool evaluates the relative, fundamentally driven performance of the current market by comparing it to key macroeconomic reference assets. Rather than analyzing price action in isolation, the indicator places the instrument into an intermarket and capital-flow context, highlighting relative overvaluation and undervaluation across asset classes. Reference Markets The current market can be compared to the following reference assets: US Dollar Index (DXY) Gold US Treasury Bonds A user-selectable custom market The custom market is set by default to the Euro FX futures contract and can be adjusted according to analytical requirements. Methodology: The indicator measures relative performance by comparing the percentage price change of the current market with that of each reference asset over a fixed lookback period. The resulting performance differences are normalized to a common scale, allowing structurally different markets to be evaluated within a unified framework. Scale and Interpretation All values are mapped to a standardized range from −100 to +100: Positive values indicate relative overvaluation Negative values indicate relative undervaluation Values near zero indicate balanced relative valuation This structure supports consistent interpretation across different market environments. Background highlighting is used solely to emphasize extreme relative valuation conditions and serves as visual context only. Intended Use The indicator is designed for fundamental and macro-oriented market analysis, supporting intermarket comparison and relative valuation assessment as part of discretionary decision-making.
Pine Script® indicator
by Luis-Enrico
DAF VP Lite🎁 Volume Profile Indicator VP Lite is a lightweight volume profile indicator that helps you identify key price levels where significant trading activity occurred. 📍 Core Features • POC (Point of Control): The price level with the highest volume • VAH/VAL (Value Area High/Low): The boundaries that contain 70% of total volume • IB (Initial Balance): Opening range reference 📊 Multi-Timeframe Support Day / Week / Month / Quarter / Half-Year / Year ⸻ 🎁 成交量分布指标 VP Lite 是一款轻量级成交量分布指标，帮助你识别成交密集的关键价格区域。 📍 核心功能 • POC（成交量控制点）： 成交量最集中的价格 • VAH/VAL（价值区间高/低）： 覆盖总成交量 70% 的上下边界 • IB（初始平衡区间）： 开盘区间参考 📊 多周期支持 天 / 周 / 月 / 季度 / 半年 / 年
Pine Script® indicator
by DAF_POKER_PLAYER
KINETIC GOLD NQ Velocity Breakout [Ash_TheTrader] 🚀 Stop Guessing. Start Scalping with Physics. Introducing the KINETIC GOLD NQ ⚡ VELOCITY BREAKOUT System Author: Ash_TheTrader Assets: Gold (XAUUSD), Nasdaq (US100), Bitcoin (BTC) Style: High-Frequency Scalping (M1/M5) --- 🛑 The Problem: Why Most Indicators Fail You’ve been there. The RSI says "Oversold," so you buy. But price keeps crashing. The Moving Average crosses over, so you enter. But the trend is already over. Why? Because those indicators are lagging . They tell you what happened 10 candles ago. ⚡ The Solution: The "Physics" of Price Markets move like objects in the real world. They have Velocity (Speed) and Momentum (Mass). The Kinetic Velocity Breakout (KMB) system doesn't look at "Overbought" or "Oversold." It looks for FORCE . It answers one simple question: Is the market moving fast enough to pay me? --- 🧠 The 4 "Smart Logic" Features 1. The Velocity Speedometer 🏎️ Most candles are "noise." This system ignores them. It uses a Normalized Volatility Engine to detect when price hits "WARP SPEED". • Blue: Slow (Cruising). Don't touch. • Yellow: Accelerating. Get ready. • Red: WARP SPEED. Institutional money is entering. 2. The 1.5x Impulse Rule 💥 The algorithm strictly enforces the "1.5x Law." A signal ONLY fires if the breakout candle is 1.5 times larger than the average of the last 3 candles. • Result? No more fakeouts. We only trade real expansions. 3. "Smart Mode" AI Dashboard 🖥️ A heads-up display (HUD) lives on your chart, auto-detecting your trading environment: • Auto-Session: Tells you if you are in London, New York, or Asia. • Risk Mode: Shows if you are using "Aggressive" or "Normal" logic. • Status: Gives you a text readout like "READY ⚡" or "WAIT..." 4. Auto-Pilot Risk Management 🛡️ Scalping is fast. You don't have time to calculate Pips. • The script draws the lines for you. • As soon as a "ROCKET" signal appears, a Green TP Line (2x Reward) and Red SL Line appear instantly. --- 🎮 How to Trade: The 3-Step "Kinetic" Strategy This strategy is designed for Gold (XAUUSD) and Nasdaq (US100) on the 5-Minute Timeframe . Step 1: The "Yellow" Warning ⚠️ Watch the Smart Structure Lines (Dashed Lines). • If the candles turn Yellow or the Dashboard says "FAST" , wake up. • This means pressure is building against a key level. Step 2: The "Warp" Trigger 🚀 Wait for a Confirmed Breakout . You are looking for: 1. A candle closes OUTSIDE the dashed structure line. 2. The candle color is NEON CYAN (Bullish) or NEON MAGENTA (Bearish). 3. The Signal Label appears: "ROCKET" (Buy) or "DROP" (Sell). 👉 Rule: No Label? No Trade. The 1.5x Logic saves you from bad trades. Step 3: The Execution 💰 1. Enter at the close of the signal candle. 2. Stop Loss: Place it exactly on the Red Line provided by the indicator. 3. Take Profit: Place it on the Green Line . 4. Walk away. Let the physics work. --- ⚙️ Customizing Your Style The script comes with two built-in "Personalities": 🛡️ Normal Scalper (Default) • Best for: New traders, Funded Accounts. • Logic: Waits for strong confirmation. High Win Rate. • Risk: 1:2 Risk/Reward. ⚠️ QuickScalper (Aggressive) • Best for: Gold M1, Volatility Hunters. • Logic: Enters earlier on 1.2x Impulse. More signals, faster exits. • Risk: 1:1.5 Risk/Reward (Grab the cash and go). --- 👇 Get the Code Search for: KINETIC ⚡ in the TradingView library. "Markets are physics. Trade the Velocity, not the noise." — @Ash_TheTrader
Pine Script® indicator
by Ash_TheTrader
DAF Climax VolIn trading, only two things never lie: extreme price rejection and abnormal volume expansion. Climax Vol is designed to capture key reversal conditions built on “extreme rejection + abnormal volume”. It’s not a typical MACD or RSI — it focuses on volume-driven divergence at market extremes. Its working principle is simple and brutal: When the market drops into a low area, the candle prints a long lower wick, and volume suddenly explodes (for example, 3× the normal level). What does this imply? It often means heavy absorption of panic selling (stopping/absorption behavior). The same logic applies at the top. ✨ Indicator Features • Noise rejection: Only monitors major tops and bottoms; ignores mid-trend volume spikes. • Data visualization: Displays the real-time volume multiplier directly on the candle (e.g., Vol: 2.7x), letting you instantly gauge the intensity of participation. • Clean interface: No flashy arrows — only candle color changes and key data. Zero chart clutter. 👉 Best for: Major cryptocurrencies like BTC / ETH 👉 Best for: Catching wicks, validating support & resistance, identifying fake breakouts 👉 Best for: Higher timeframes — 4H and 1D recommended for best accuracy ⸻ 在交易中，只有两样东西不会骗人：价格的极致拒绝 和 成交量的异常放大。 Climax Vol 用来捕捉「极端价格拒绝 + 异常放量」下的潜在反转条件。它不是普通的 MACD 或 RSI，而是专注于极端位置的量能失衡/放量背离。 它的工作原理很简单粗暴： 当市场跌到低位区域，K线收出长下影，同时成交量突然爆炸（比如平时的 3 倍），这通常意味着恐慌抛压正在被强力承接/吸收（Stopping / Absorption 行为）。顶部同理。 ✨ 指标特点 • 拒绝噪音： 只监控阶段性顶底，半山腰的放量不看。 • 数据可视化： 可以在K线上直接看到当前的量能倍数（例如 Vol: 2.7x），一眼看出放量强度。 • 界面清爽： 去掉花里胡哨的箭头，只保留K线变色和关键数据，不干扰盘面。 👉 适用： 主流加密货币 BTC / ETH 👉 适用： 抓针、验证支撑压力位、识别假突破 👉 适用： 时间级别越高越有效，推荐 4小时 / 1天 K线图
Pine Script® indicator
by DAF_POKER_PLAYER
Bear Momentum Engine (RSI Regime)Title: Bear Momentum Engine (RSI Regime) Bear Momentum Engine is a professional-grade analytical tool designed specifically for crypto markets during bearish cycles. Unlike traditional RSI indicators that look for "oversold" levels, this engine focuses on momentum structure and regime expansion phases. The Philosophy Most traders lose money by buying "oversold" RSI during a crash. This tool is built on Andrew Cardwell’s range shift theory: in a true bear regime, RSI struggles to break above 60, and its real power is found in how it expands away from its moving average. Key Features: Bear Regime Detection: Automatically identifies the bearish market phase. The background turns red only when the structural momentum confirms a downside bias. Momentum Expansion: A proprietary algorithm tracks the "detachment" of RSI from its MA. When the distance increases, it signals a high-probability bearish thrust. Iron Exit: A disciplined profit-taking system. It triggers an exit signal as soon as the momentum starts to fade, allowing you to lock in gains before the bounce. No-Trade Zones: Filters out "market noise." The gray background indicates a sideways market where the risk-to-reward ratio is unfavorable. Best Use Cases: Strategy: Short-selling, Futures, and Perpetuals. Goal: Trading with the trend and avoiding "bull traps." Recommended Timeframes: 1H, 4H, Daily.
Pine Script® indicator
by DnevnikCryptospekylanta
Guru Dronacharya Pro Institutional Option Intelligence# Guru Dronacharya Pro – Institutional Option Intelligence ## 🎯 Professional Options Trading Indicator with Dynamic Intensity System **Guru Dronacharya Pro** is an advanced institutional-grade indicator designed specifically for **NSE Options traders** (NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY). It combines intelligent option chain analysis, volatility detection, and a revolutionary **intensity-based visualization system** to help you identify high-probability option trades. *** ## ✨ KEY FEATURES ### 🔥 **Dynamic Intensity System** (Unique Feature) - **Adaptive Brightness**: Candles automatically brighten when movement, volume, and volatility surge - **Multi-Factor Analysis**: Combines Volume Surge + IV Expansion + Price Acceleration - **Real-Time Intensity Score**: 0-100% intensity meter for both CE and PE - **Visual Intelligence**: Instantly spot when options are heating up 🔥 ### 🎯 **Intelligent Strike Selection** - **Auto-Select Best Pair**: Scans ±5 strikes from ATM to find optimal CE/PE pairs - **Compression Analysis**: Identifies strikes with minimal price difference (premium parity) - **Liquidity Filter**: Ensures selected options have sufficient volume - **Manual Override**: Take control with manual strike selection when needed ### 📈 **Advanced Signal Generation** - **Buy Call Signals**: Triggered on CE breakout + volatility expansion + momentum - **Buy Put Signals**: Triggered on PE breakout + volatility expansion + momentum - **Multi-Filter Confirmation**: BBW expansion, EMA trend, delta momentum, dominance - **No Repainting**: All signals confirmed on bar close ### 📊 **Professional Analytics Panel** - **🔥 Intensity Metrics**: Real-time CE/PE activity levels - **PCR (Put-Call Ratio)**: Volume-based market sentiment - **Volume Delta**: CE vs PE volume comparison with trend - **IV Percentile**: 1-year implied volatility ranking - **BBW (Bollinger Band Width)**: Volatility expansion detector - **Momentum Trackers**: Real-time CE/PE momentum analysis - **Premium Ratio**: CE/PE price relationship analysis ### 🎨 **Customizable Visualization** - **Dual Candle Display**: Side-by-side CE and PE premium tracking - **Normalized View**: % change from open (easier comparison) - **Absolute View**: Raw premium values - **EMA Overlays**: Trend confirmation lines - **Theme-Aware**: Auto-detects dark/light mode for optimal visibility - **Adjustable Tables**: Position and size controls for metrics panel *** ## 💡 WHAT MAKES IT UNIQUE? ### **1. Intensity-Based Coloring** 🔥 Traditional indicators show static colors. **Guru Dronacharya Pro** uses dynamic brightness: - **Dim Candles** = Low activity (avoid these setups) - **Medium Brightness** = Building momentum (watch closely) - **Bright Candles** = High activity (trade opportunities!) 🔥🔥 This helps you: ✅ Focus on liquid, moving options ✅ Avoid low-volume, dead zones ✅ Identify institutional money flow ✅ Time entries during volatility expansion ### **2. Smart Strike Selection** No more guessing which strike to trade! The indicator: - Scans multiple strikes simultaneously - Finds pairs with balanced premiums - Filters out illiquid options - Highlights the best trading pair ### **3. Multi-Timeframe Compatible** Works on any timeframe: - **1-5 min**: Scalping and day trading - **15-30 min**: Intraday swing trades - **1H+**: Positional option strategies *** ## 📖 HOW TO USE ### **Step 1: Configure Your Symbol** 1. Set **Underlying** (NSE:NIFTY, NSE:BANKNIFTY, etc.) 2. Enter **Expiry Date** (Year, Month, Day) 3. Input **ATM Strike** (rounded to nearest strike interval) 4. Choose **Symbol Format** (NSE Standard, NSE Weekly, or Custom) ### **Step 2: Understand the Display** **Chart Elements:** - **Green/Lime Candles** = Call Option (CE) - **Pink/Magenta Candles** = Put Option (PE) - **Brightness** = Activity intensity (brighter = more action!) - **Triangle Up** = Buy Call Signal ▲ - **Triangle Down** = Buy Put Signal ▼ **Metrics Panel (Bottom Right):** - **🔥 CE/PE INT**: Intensity score (higher = better) - **PCR**: Above 1.0 = Bullish, Below 1.0 = Bearish - **VOL Δ**: Positive = CE volume dominance - **IV%ile**: Above 70 = High IV (premium sellers advantage) - **BBW**: Expansion indicator (⚡ = expanding) - **Momentum**: Price acceleration tracker ### **Step 3: Trading Rules** **For Buying Calls (Bullish):** 1. Wait for ▲ signal below CE candle 2. Check **CE INT > 40%** (moderate to high activity) 3. Confirm **CE BBW ⚡** (volatility expanding) 4. Verify **CE Mom** positive (momentum building) 5. **Entry**: Current CE premium 6. **Target**: Use Fibonacci levels or book on intensity drop **For Buying Puts (Bearish):** 1. Wait for ▼ signal above PE candle 2. Check **PE INT > 40%** (moderate to high activity) 3. Confirm **PE BBW ⚡** (volatility expanding) 4. Verify **PE Mom** positive (momentum building) 5. **Entry**: Current PE premium 6. **Target**: Use Fibonacci levels or book on intensity drop **Risk Management:** - Avoid trades when intensity < 30% (low liquidity) - Higher intensity = tighter stops (volatile moves) - Watch for intensity divergence (price up, intensity down = weakness) *** ## ⚙️ SETTINGS GUIDE ### **Group 1: UNDERLYING & SYMBOL** - **Underlying**: Main index/stock ticker - **Option Root**: Symbol prefix (NIFTY, BANKNIFTY, etc.) - **Strike Interval**: 50 for NIFTY, 100 for BANKNIFTY - **Expiry Date**: Target expiry (Year/Month/Day) - **Spot Source**: Auto (First 5m), Live Close, or Manual ### **Group 2: OPTION CHAIN SCANNER** - **ATM Strike**: Center point for scanning (manually input) - **Scan Range**: ±N strikes to scan (1-5) - **Compression Threshold**: Max CE-PE difference % (8% default) - **Min Volume**: Liquidity filter (100 default) - **Auto-Select**: Enable for automatic best pair selection ### **Group 3: SIGNAL FILTERS** - **BBW Length**: Volatility calculation period (20 default) - **BBW Expansion Threshold**: Multiplier for expansion (1.30x) - **Min BBW**: Minimum volatility % (2.0%) - **EMA Filter**: Enable trend confirmation (21 EMA) - **Delta Momentum**: Require CE > PE momentum for calls (vice versa) ### **Group 4: SIGNAL DISPLAY** - **Show Buy Signals**: Toggle call/put signals - Simple triangle markers (▲ for calls, ▼ for puts) ### **Group 5: VISUALIZATION** - **Plot Candles**: Show CE/PE candlesticks - **Normalize to % Change**: Compare premiums as % (recommended) - **Show EMA**: Display trend lines - **Show Metrics Panel**: Display analytics table - **Table Position**: Move metrics panel (9 positions) - **Table Size**: Adjust text size (Tiny to Huge) ### **Group 6: OPTION ANALYTICS** - **Show PCR**: Put-Call Ratio display - **Show Volume Analysis**: Volume delta tracking - **Show IV Percentile**: 1-year IV ranking ### **Group 7: INTENSITY SYSTEM** 🔥 - **Enable Intensity Coloring**: Turn on dynamic brightness - **Intensity Smoothing**: Higher = smoother (3 default) - **Volume Weight**: Impact of volume surges (35%) - **IV/BBW Weight**: Impact of volatility expansion (40%) - **Movement Weight**: Impact of price acceleration (25%) - **Min Brightness**: Dimmest state (70% transparency) - **Max Brightness**: Brightest state (0% = fully opaque) *** ## 🎓 TRADING STRATEGIES ### **Strategy 1: Intensity Breakout** - Wait for intensity to rise from <30% to >60% - Enter on signal with bright candle - Exit when intensity drops below 40% ### **Strategy 2: Volatility Expansion** - Monitor BBW indicator - Enter on ⚡ expansion + signal - Target quick 20-30% premium gains ### **Strategy 3: PCR Contrarian** - PCR > 1.3 = Oversold (look for call signals) - PCR < 0.7 = Overbought (look for put signals) - Combine with intensity confirmation ### **Strategy 4: Volume Delta Momentum** - Strong positive VOL Δ = CE buying pressure - Enter calls on dips with high CE intensity - Vice versa for puts *** ## 📋 SUPPORTED EXCHANGES & SYMBOLS **Exchanges:** - NSE (National Stock Exchange of India) **Supported Underlyings:** - NIFTY 50 - BANKNIFTY - FINNIFTY - MIDCPNIFTY - Individual stocks with liquid options **Option Formats:** - NSE Standard: `NSE:NIFTY251230C25900` - NSE Weekly: `NSE:NIFTY25DEC25900CE` - Custom/Broker-Specific formats *** ## ⚡ PERFORMANCE OPTIMIZATION This indicator is optimized for speed: - **Tuple-based security requests** (80% faster than standard) - **Minimal repainting** (signals confirmed on bar close) - **Efficient array operations** - **Smart caching** of repeated calculations - Works smoothly even on 1-minute charts *** ## 🚨 ALERTS Built-in alert conditions: - **Buy Call Signal**: Triggered on confirmed call entry - **Buy Put Signal**: Triggered on confirmed put entry **Setup:** 1. Click "Create Alert" on TradingView 2. Select "Guru Dronacharya Pro" 3. Choose "Buy Call Signal" or "Buy Put Signal" 4. Set notification method (popup/email/webhook) *** ## ⚠️ RISK DISCLAIMER **IMPORTANT**: This indicator is for **educational purposes only**. - Options trading carries substantial risk of loss - Past performance does not guarantee future results - Always use proper risk management (stop losses, position sizing) - No indicator guarantees profitable trades - Test thoroughly on paper/sim before live trading - Consult a financial advisor before trading **The creator is not responsible for any trading losses incurred using this indicator.** *** ## 🔄 VERSION HISTORY **v1.0 (Current)** - Initial release - Dynamic intensity system - Intelligent strike selection - Multi-filter signal generation - Professional analytics panel - Theme-aware visualization - Full customization support *** ## 💬 FEEDBACK & SUPPORT Found this indicator helpful? Please: - ⭐ Leave a rating - 💬 Share your experience in comments - 📊 Publish your chart ideas using this indicator - 🔔 Follow for updates and new indicators **Questions?** Drop a comment, and I'll help you optimize your settings! *** ## 🏆 WHO IS THIS FOR? ✅ **Intraday Option Traders** (scalping & day trading) ✅ **Swing Option Traders** (multi-day positions) ✅ **Premium Buyers** (directional option strategies) ✅ **Technical Analysts** (volatility & momentum-based) ✅ **NSE Options Specialists** (NIFTY/BANKNIFTY focused) ❌ **NOT suitable for:** - Complete beginners (learn basics first) - Premium sellers (different indicator needed) - Set-and-forget strategies (requires active monitoring) *** ## 🙏 ACKNOWLEDGMENTS Named after **Guru Dronacharya**, the legendary teacher from Mahabharata known for precision, discipline, and strategic mastery – qualities every successful trader needs. **May your trades be profitable and your risk be managed! 🚀** *** **Tags:** Options Trading, NSE Options, NIFTY Options, BANKNIFTY Options, Option Chain Analysis, Volatility Trading, Intensity System, Indian Stock Market, Intraday Trading, Premium Analysis, PCR Indicator, Options Signals *** **Legal:** This indicator does not constitute financial advice. All trading decisions are your responsibility. Always trade with risk capital you can afford to lose.
Pine Script® indicator
by shivkumar503244