Market Spiralyst [Hapharmonic]Hello, traders and creators! 👋
Market Spiralyst: Let's change the way we look at analysis, shall we? I've got to admit, I scratched my head on this for weeks, Haha :). What you're seeing is an exploration of what's possible when code meets art on financial charts. I wanted to try blending art with trading, to do something new and break away from the same old boring perspectives. The goal was to create a visual experience that's not just analytical, but also relaxing and aesthetically pleasing.
This work is intended as a guide and a design example for all developers, born from the spirit of learning and a deep love for understanding the Pine Script™ language. I hope it inspires you as much as it challenged me!
🧐 Core Concept: How It Works
Spiralyst is built on two distinct but interconnected engines:
The Generative Art Engine: At its core, this indicator uses a wide range of mathematical formulas—from simple polygons to exotic curves like Torus Knots and Spirographs—to draw beautiful, intricate shapes directly onto your chart. This provides a unique and dynamic visual backdrop for your analysis.
The Market Pulse Engine: This is where analysis meets art. The engine takes real-time data from standard technical indicators (RSI and MACD in this version) and translates their states into a simple, powerful "Pulse Score." This score directly influences the appearance of the "Scatter Points" orbiting the main shape, turning the entire artwork into a living, breathing representation of market momentum.
🎨 Unleash Your Creativity! This Is Your Playground
We've included 25 preset shapes for you... but that's just the starting point !
The real magic happens when you start tweaking the settings yourself. A tiny adjustment can make a familiar shape come alive and transform in ways you never expected.
I'm genuinely excited to see what your imagination can conjure up! If you create a shape you're particularly proud of or one that looks completely unique, I would love to see it. Please feel free to share a screenshot in the comments below. I can't wait to see what you discover! :)
Here's the default shape to get you started:
The Dynamic Scatter Points: Reading the Pulse
This is where the magic happens! The small points scattered around the main shape are not just decorative; they are the visual representation of the Market Pulse Score.
The points have two forms:
A small asterisk (`*`): Represents a low or neutral market pulse.
A larger, more prominent circle (`o`): Represents a high, strong market pulse.
Here’s how to read them:
The indicator calculates the Pulse Strength as a percentage (from 0% to 100%) based on the total score from the active indicators (RSI and MACD). This percentage determines the ratio of circles to asterisks.
High Pulse Strength (e.g., 80-100%): Most of the scatter points will transform into large circles (`o`). This indicates that the underlying momentum is strong and It could be an uptrend. It's a visual cue that the market is gaining strength and might be worth paying closer attention to.
Low Pulse Strength (e.g., 0-20%): Most or all of the scatter points will remain as small asterisks (`*`). This suggests weak, neutral, or bearish momentum.
The key takeaway: The more circles you see, the stronger the bullish momentum is according to the active indicators. Watch the artwork "breathe" as the circles appear and disappear with the market's rhythm!
And don't worry about the shape you choose; the scatter points will intelligently adapt and always follow the outer boundary of whatever beautiful form you've selected.
How to Use
Getting started with Spiralyst is simple:
Choose Your Canvas: Start by going into the settings and picking a `Shape` and `Palette` from the "Shape Selection & Palette" group that you find visually appealing. This is your canvas.
Tune Your Engine: Go to the "Market Pulse Engine" settings. Here, you can enable or disable the RSI and MACD scoring engines. Want to see the pulse based only on RSI? Just uncheck the MACD box. You can also fine-tune the parameters for each indicator to match your trading style.
Read the Vibe: Observe the scatter points. Are they mostly small asterisks or are they transforming into large, vibrant circles? Use this visual feedback as a high-level gauge of market momentum.
Check the Dashboard: For a precise breakdown, look at the "Market Pulse Analysis" table on the top-right. It gives you the exact values, scores, and total strength percentage.
Explore & Experiment: Play with the different shapes and color palettes! The core analysis remains the same, but the visual experience can be completely different.
⚙️ Settings & Customization
Spiralyst is designed to be highly customizable.
Shape Selection & Palette: This is your main control panel. Choose from over 25 unique shapes, select a color palette, and adjust the line extension style ( `extend` ) or horizontal position ( `offsetXInput` ).
scatterLabelsInput: This setting controls the total number of points (both asterisks and circles) that orbit the main shape. Think of it as adjusting the density or visual granularity of the market pulse feedback.
The Market Pulse engine will always calculate its strength as a percentage (e.g., 75%). This percentage is then applied to the `scatterLabelsInput` number you've set to determine how many points transform into large circles.
Example: If the Pulse Strength is 75% and you set this to `100` , approximately 75 points will become circles. If you increase it to `200` , approximately 150 points will transform.
A higher number provides a more detailed, high-resolution view of the market pulse, while a lower number offers a cleaner, more minimalist look. Feel free to adjust this to your personal visual preference; the underlying analytical percentage remains the same.
Market Pulse Engine:
`⚙️ RSI Settings` & `⚙️ MACD Settings`: Each indicator has its own group.
Enable Scoring: Use the checkbox at the top of each group to include or exclude that indicator from the Pulse Score calculation. If you only want to use RSI, simply uncheck "Enable MACD Scoring."
Parameters: All standard parameters (Length, Source, Fast/Slow/Signal) are fully adjustable.
Individual Shape Parameters (01-25): Each of the 25+ shapes has its own dedicated group of settings, allowing you to fine-tune every aspect of its geometry, from the number of petals on a flower to the windings of a knot. Feel free to experiment!
For Developers & Pine Script™ Enthusiasts
If you are a developer and wish to add more indicators (e.g., Stochastic, CCI, ADX), you can easily do so by following the modular structure of the code. You would primarily need to:
Add a new `PulseIndicator` object for your new indicator in the `f_getMarketPulse()` function.
Add the logic for its scoring inside the `calculateScore()` method.
The `calculateTotals()` method and the dashboard table are designed to be dynamic and will automatically adapt to include your new indicator!
One of the core design philosophies behind Spiralyst is modularity and scalability . The Market Pulse engine was intentionally built using User-Defined Types (UDTs) and an array-based structure so that adding new indicators is incredibly simple and doesn't require rewriting the main logic.
If you want to add a new indicator to the scoring engine—let's use the Stochastic Oscillator as a detailed example—you only need to modify three small sections of the code. The rest of the script, including the adaptive dashboard, will update automatically.
Here’s your step-by-step guide:
#### Step 1: Add the User Inputs
First, you need to give users control over your new indicator. Find the `USER INTERFACE: INPUTS` section and add a new group for the Stochastic settings, right after the MACD group.
Create a new group name: `string GRP_STOCH = "⚙️ Stochastic Settings"`
Add the inputs: Create a boolean to enable/disable it, and then add the necessary parameters (`%K`, `%D`, `Smooth`). Use the `active` parameter to link them to the enable/disable checkbox.
// Add this code block right after the GRP_MACD and MACD inputs
string GRP_STOCH = "⚙️ Stochastic Settings"
bool stochEnabledInput = input.bool(true, "Enable Stochastic Scoring", group = GRP_STOCH)
int stochKInput = input.int(14, "%K Length", minval=1, group = GRP_STOCH, active = stochEnabledInput)
int stochDInput = input.int(3, "%D Smoothing", minval=1, group = GRP_STOCH, active = stochEnabledInput)
int stochSmoothInput = input.int(3, "Smooth", minval=1, group = GRP_STOCH, active = stochEnabledInput)
#### Step 2: Integrate into the Pulse Engine (The "Factory")
Next, go to the `f_getMarketPulse()` function. This function acts as a "factory" that builds and configures the entire market pulse object. You need to teach it how to build your new Stochastic indicator.
Update the function signature: Add the new `stochEnabledInput` boolean as a parameter.
Calculate the indicator: Add the `ta.stoch()` calculation.
Create a `PulseIndicator` object: Create a new object for the Stochastic, populating it with its name, parameters, calculated value, and whether it's enabled.
Add it to the array: Simply add your new `stochPulse` object to the `array.from()` list.
Here is the complete, updated `f_getMarketPulse()` function :
// Factory function to create and calculate the entire MarketPulse object.
f_getMarketPulse(bool rsiEnabled, bool macdEnabled, bool stochEnabled) =>
// 1. Calculate indicator values
float rsiVal = ta.rsi(rsiSourceInput, rsiLengthInput)
= ta.macd(close, macdFastInput, macdSlowInput, macdSignalInput)
float stochVal = ta.sma(ta.stoch(close, high, low, stochKInput), stochDInput) // We'll use the main line for scoring
// 2. Create individual PulseIndicator objects
PulseIndicator rsiPulse = PulseIndicator.new("RSI", str.tostring(rsiLengthInput), rsiVal, na, 0, rsiEnabled)
PulseIndicator macdPulse = PulseIndicator.new("MACD", str.format("{0},{1},{2}", macdFastInput, macdSlowInput, macdSignalInput), macdVal, signalVal, 0, macdEnabled)
PulseIndicator stochPulse = PulseIndicator.new("Stoch", str.format("{0},{1},{2}", stochKInput, stochDInput, stochSmoothInput), stochVal, na, 0, stochEnabled)
// 3. Calculate score for each
rsiPulse.calculateScore()
macdPulse.calculateScore()
stochPulse.calculateScore()
// 4. Add the new indicator to the array
array indicatorArray = array.from(rsiPulse, macdPulse, stochPulse)
MarketPulse pulse = MarketPulse.new(indicatorArray, 0, 0.0)
// 5. Calculate final totals
pulse.calculateTotals()
pulse
// Finally, update the function call in the main orchestration section:
MarketPulse marketPulse = f_getMarketPulse(rsiEnabledInput, macdEnabledInput, stochEnabledInput)
#### Step 3: Define the Scoring Logic
Now, you need to define how the Stochastic contributes to the score. Go to the `calculateScore()` method and add a new case to the `switch` statement for your indicator.
Here's a sample scoring logic for the Stochastic, which gives a strong bullish score in oversold conditions and a strong bearish score in overbought conditions.
Here is the complete, updated `calculateScore()` method :
// Method to calculate the score for this specific indicator.
method calculateScore(PulseIndicator this) =>
if not this.isEnabled
this.score := 0
else
this.score := switch this.name
"RSI" => this.value > 65 ? 2 : this.value > 50 ? 1 : this.value < 35 ? -2 : this.value < 50 ? -1 : 0
"MACD" => this.value > this.signalValue and this.value > 0 ? 2 : this.value > this.signalValue ? 1 : this.value < this.signalValue and this.value < 0 ? -2 : this.value < this.signalValue ? -1 : 0
"Stoch" => this.value > 80 ? -2 : this.value > 50 ? 1 : this.value < 20 ? 2 : this.value < 50 ? -1 : 0
=> 0
this
#### That's It!
You're done. You do not need to modify the dashboard table or the total score calculation.
Because the `MarketPulse` object holds its indicators in an array , the rest of the script is designed to be adaptive:
The `calculateTotals()` method automatically loops through every indicator in the array to sum the scores and calculate the final percentage.
The dashboard code loops through the `enabledIndicators` array to draw the table. Since your new Stochastic indicator is now part of that array, it will appear automatically when enabled!
---
Remember, this is your playground! I'm genuinely excited to see the unique shapes you discover. If you create something you're proud of, feel free to share it in the comments below.
Happy analyzing, and may your charts be both insightful and beautiful! 💛
Indicators and strategies
Trend Following CryptoSmartTrend Following CryptoSmart is a hybrid trend-following system designed for traders who value visual precision, structured logic, and clean confirmations.
This indicator combines a hybrid main line (EMA + trailing stop behavior) with a parallel secondary line, both offset from price by customizable distance. The logic resets on MACD crossovers and behaves like a dynamic visual stop, never repainting against trend.
Features include:
Modular lines with professional-grade smoothing
Shadow between price and trend, with separate color and opacity for bullish and bearish conditions
Displaced Long/Short labels with customizable style
Visual markers over native candles, without replacing them
Ideal for Smart Money flows, visual entry systems, and multi-timeframe confirmations.
This script is optimized for clarity, accessibility, and full customization. Every parameter is adjustable from the settings panel, allowing traders to tailor both visual and logical behavior to their strategy.
15/30M Alerts"X Candle Close":
Same as in 5m Enter alert: it's really helpful to wait for a 15m/30m candle to be confirmed, to see f. e. whether a candle really broke a support / resistance or not - and to prevent making bad decisions.
More infos: www.reddit.com
BB Expansion Oscillator (BEXO)BB Expansion Oscillator (BEXO) is a custom indicator designed to measure and visualize the expansion and contraction phases of Bollinger Bands in a normalized way.
🔹 Core Features:
Normalized BB Width: Transforms Bollinger Band Width into a 0–100 scale for easier comparison across different timeframes and assets.
Signal Line: EMA-based smoothing line to detect trend direction shifts.
Histogram: Highlights expansion vs contraction momentum.
OB/OS Zones: Detects Over-Expansion and Over-Contraction states to spot potential volatility breakouts or squeezes.
Dynamic Coloring & Ribbon: Visual cues for trend bias and crossovers.
Info Table: Displays real-time values and status (Expansion, Contraction, Over-Expansion, Over-Contraction).
Background Highlighting: Optional visual aid for trend phases.
🔹 How to Use:
When BEXO rises above the Signal Line, the market is in an Expansion phase → potential trend continuation.
When BEXO falls below the Signal Line, the market is in a Contraction phase → potential consolidation or trend weakness.
Overbought/Over-Expansion zone (above OB level): Signals high volatility; watch for possible reversal or breakout exhaustion.
Oversold/Over-Contraction zone (below OS level): Indicates a squeeze or low volatility; often precedes strong breakout moves.
🔹 Best Application:
Identify volatility cycles (squeeze & expansion).
Filter trades by volatility conditions.
Combine with price action, volume, or momentum indicators for confirmation.
⚠️ Disclaimer:
This indicator is for educational and research purposes only. It should not be considered financial advice. Always combine with proper risk management and your own trading strategy.
AMD [TakingProphets]Overview
The AMD indicator is a real-time, high-resolution tool designed for traders following ICT methodology who want a clear visualization of higher timeframe (HTF) candles directly on their lower timeframe charts.
It overlays current HTF structure, including open, high, low, and close projections, allowing traders to align intraday decisions with institutional price delivery — all without switching timeframes.
Concept & Background
In ICT concepts, market behavior often follows a pattern of accumulation, manipulation, and distribution. Understanding these phases is essential for anticipating when price is likely to expand or reverse.
AMD automates this process by:
-Overlaying HTF candles directly on your lower timeframe chart.
-Projecting live levels like the current open, high, low, and close to map out evolving bias.
-Helping traders see whether price is accumulating orders, engineering liquidity sweeps, or distributing aggressively.
Key Features
Live HTF Candle Overlay
-Displays the full HTF candle — body, wicks, and directional bias — on your active chart in real time.
-Perfect for traders aligning intraday setups with broader HTF context.
Dynamic HTF Price Projections
-Plots the evolving open, high, low, and close for the current HTF candle.
-Each projection can be customized by color, style, labels, and visibility to fit your workflow.
Full Customization Control
-Adjust candle body widths, wick styles, and transparency.
-Configure projection lines and time labels in both 12h and 24h formats.
-Includes an optional Info Box showing instrument, timeframe, and session context.
Session Timing & Labeling
-Smart timestamping marks the start and close of each HTF candle.
-Helps traders anticipate potential expansions or reversals during killzones or liquidity events.
How to Use It
Select Your HTF Context
-Choose any timeframe overlay (e.g., 1H, 4H, 1D) to match your trading model.
-Monitor Live HTF Levels
-Watch how price interacts with current HTF highs, lows, and equilibrium levels in real time.
-Integrate With ICT Concepts
-Use alongside tools like SMT divergence, Order Blocks, or Liquidity Levels for confirmation and context.
-Refine Intraday Entries
-Check whether price is expanding in your favor before entering positions.
Best Practices
Combine AMD with ICT killzone sessions to monitor HTF behavior during high-liquidity periods.
Use it alongside correlated SMT divergence tools for stronger directional bias confirmation.
Who It’s For
Scalpers anchoring quick entries to HTF sentiment.
Intraday traders syncing 5m/15m setups with 1H/4H context.
Swing traders monitoring HTF ranges without switching charts.
Educators & analysts needing clean visual overlays for teaching and content creation.
Why It’s Useful
AMD doesn’t provide trading signals or predictive guarantees. Instead, it offers a clean, structured view of HTF price delivery — enabling traders to understand institutional intent as it unfolds and manage their execution with greater confidence.
Quad Stochastic OscillatorThis is my take on the "Quad Rotation Strategy". It's a simple but powerful indicator once you know what to look for. I combined the four different periods into one script, which makes seeing the rotation, and other cues, easier. I suggest changing the %K line to dotted or off, so it doesn't clutter the view.
Outside Bar AMA 分类标记Classify outside bar based on Ali Moin Afshari's AMA_Breakout_PB Indicator.
根据 Ali Moin Afshari' 的 AMA_Breakout_PB 指标区分不同的吞没k线。
[GrandAlgo] Moving Averages Cross LevelsMoving Averages Cross Levels
Many traders watch for moving average crossovers – such as the golden cross (50 MA crossing above 200 MA) or death cross – as signals of changing trends. However, once a crossover happens, the exact price level where it occurred often fades from view, even though that level can be an important reference point. Moving Averages Cross Levels is an indicator that keeps those crossover price levels visible on your chart, helping you track where momentum shifts occurred and how price behaves relative to those key levels.
This tool plots horizontal line segments at the price where each pair of selected moving averages crossed within a recent window of bars. Each level is labeled with the moving average lengths (for example, “21×50” for a 21/50 MA cross) and is color-coded – green for bullish crossovers (short-term MA crossing above long-term MA) and red for bearish crossunders (short-term crossing below). By visualizing these crossover levels, you can quickly identify past trend change points and use them as potential support/resistance or decision levels in your trading. Importantly, this indicator is non-repainting – once a crossover level is plotted, it remains fixed at the historical price where the cross occurred, allowing you to continually monitor that level going forward. (As with any moving average-based analysis, crossover signals are lagging, so use these levels in conjunction with other tools for confirmation.)
Key Features:
✅ Multiple Moving Averages: Track up to 7 different MAs (e.g. 5, 8, 21, 50, 64, 83, 200 by default) simultaneously. You can enable/disable each MA and set its length, allowing flexible combinations of short-term and long-term averages.
✅ Selectable MA Type: Each average can be calculated as a Simple (SMA), Exponential (EMA), Volume-Weighted (VWMA), or Smoothed (RMA) moving average, giving you flexibility to match your preferred method.
✅ Auto Crossover Detection: The script automatically detects all crosses between any enabled MA pairs, so you don’t have to specify pairs manually. Whether it’s a fast cross (5×8) or a long-term cross (50×200), every crossover within the lookback period will be identified and marked.
✅ Horizontal Level Markers: For each detected crossover, a horizontal line segment is drawn at the exact price where the crossover occurred. This makes it easy to glance at your chart and see precisely where two moving averages intersected in the recent past.
✅ Labeled and Color-Coded: Each crossover line is labeled with the two MA lengths that crossed (e.g. “50×200”) for clear identification. Colors indicate crossover direction – by default green for bullish (positive) crossovers and red for bearish (negative) crossovers – so you can tell at a glance which way the trend shifted. (You can customize these colors in the settings.)
✅ Adjustable Lookback: A “Crosses with X candles” input lets you control how far back the script looks for crossovers to plot. This prevents your chart from getting cluttered with too many old levels – for example, set X = 100 to show crossovers from roughly the last 100 bars. Older crossover lines beyond this lookback window will automatically clear off the chart.
✅ Optional MA Plots: You can toggle the display of each moving average line on the chart. This means you can either view just the crossover levels alone for a clean look, or also overlay the MA curves themselves for additional context (to see how price and MAs were moving around the crossover).
✅ No Repainting or Hindsight Bias: Once a crossover level is plotted, it stays at that fixed price. The indicator doesn’t move levels around after the fact – each line is a true historical event marker. This allows you to backtest visually: see how price acted after the crossover by observing if it retested or respected that level later.
How It Works:
1️⃣ Add to Chart & Configure – Simply add the indicator to your chart. In the settings, choose which moving averages you want to include and set their lengths. For example, you might enable 21, 50, 200 to focus on medium and long-term crosses (including the golden cross), or turn on shorter MAs like 5 and 8 for quick momentum shifts. Adjust the lookback (number of bars to scan for crosses) if needed.
2️⃣ Visualization – The script continuously checks the latest X bars for any points where one MA crossed above or below another. Whenever a crossover is found, it calculates the exact price level at which the two moving averages intersected. On the last bar of your chart, it will draw a horizontal line segment extending from the crossover bar to the current bar at that price level, and place a label to the right of the line with the MA lengths. Green lines/labels signify bullish crossovers (where the first MA crossed above the second), and red lines indicate bearish crossunders.
3️⃣ On Your Chart – You will see these labeled levels aligned with the price scale. For example, if a 50 MA crossed above a 200 MA (bullish) 50 bars ago at price $100, there will be a green “50×200” line at $100 extending to the present, showing you exactly where that golden cross happened. You might notice price pulling back near that level and bouncing, or if price falls back through it, it could signal a failed crossover. The indicator updates in real-time: if a new crossover happens on the latest bar, a new line and label will instantly appear, and if any old cross moves out of the lookback range, its line is removed to keep the chart focused.
4️⃣ Customization – You can fine-tune the appearance: toggle any MA’s visibility, change line colors or label styles, and modify the lookback length to suit different timeframes. For instance, on a 1-hour chart you might use a lookback of 500 bars to see a few weeks of cross history, whereas on a daily chart 100 bars (about 4–5 months) may be sufficient. Adjust these settings based on how many crossover levels you find useful to display.
Ideal for Traders Who:
Use MA Crossovers in Strategy: If your strategy involves moving average crossovers (for trend confirmation or entry/exit signals), this indicator provides an extra layer of insight by keeping the price of those crossover events in sight. For example, trend-followers can watch if price stays above a bullish crossover level as a sign of trend strength, or falls below it as a sign of weakness.
Identify Support/Resistance from MA Events: Crossover levels often coincide with pivot points in market sentiment. A crossover can act like a regime change – the level where it happened may turn into support or resistance. This tool helps you mark those potential S/R levels automatically. Rather than manually noting where a golden cross occurred, you’ll have it highlighted, which can be useful for setting stop-losses (e.g. below the crossover price in a bullish scenario) or profit targets.
Track Multiple Averages at Once: Instead of focusing on just one pair of moving averages, you might be interested in the interaction of several (short, medium, and long-term trends). This indicator caters to that by plotting all relevant crossovers among your chosen MAs. It’s great for multi-timeframe thinkers as well – e.g. you could apply it on a higher timeframe chart to mark major cross levels, then drill down to lower timeframes knowing those key prices.
Value Clean Visualization: There are no flashing signals or arrows – just simple lines and labels that enhance your chart’s storytelling. It’s ideal if you prefer to make trading decisions based on understanding price interaction with technical levels rather than following automatic trade calls. Moving Averages Cross Levels gives you information to act on, without imposing any bias or strategy – you interpret the crossover levels in the context of your own trading system.
Yelober - Market Internal direction+ Key levelsYelober – Market Internals + Key Levels is a focused intraday trading tool that helps you spot high-probability price direction by anchoring decisions to structure that matters: yesterday’s RTH High/Low, today’s pre-market High/Low, and a fast Value Area/POC from the prior session. Paired with a compact market internals dashboard (NYSE/NASDAQ UVOL vs. DVOL ratios, VOLD slopes, TICK/TICKQ momentum, and optional VIX trend), it gives you a real-time read on breadth so you can choose which direction to trade, when to enter (breaks, retests, or fades at PMH/PML/VAH/VAL/POC), and how to plan exits as internals confirm or deteriorate. On top of these intraday decision benefits, it also allows traders—in a very subtle but powerful way—to keep an eye on the VIX and immediately recognize significant spikes or sharp decreases that should be factored in before entering a trade, or used as a quick signal to modify an existing position. In short: clear levels for the chart, live internals for the context, and a smarter, rules-based path to execution.
# Yelober – Market Internals + Key Levels
*A TradingView indicator for session key levels + real‑time market internals (NYSE/NASDAQ TICK, UVOL/DVOL/VOLD, and VIX).*
**Script name in Pine:** `Yelober - Market Internal direction+ Key levels` (Pine v6)
---
## 1) What this indicator does
**Purpose:** Help intraday traders quickly find high‑probability reaction zones and read market internals momentum without switching charts. It overlays yesterday/today’s **automatic price levels** on your active chart and shows a **market breadth table** that summarizes NYSE/NASDAQ buying pressure and TICK direction, with an optional VIX trend read.
### Key features at a glance
* **Automatic Price Levels (overlay on chart)**
* Yesterday’s High/Low of Day (**yHoD**, **yLoD**)
* Extended Hours High/Low (**yEHH**, **yEHL**) across yesterday AH + today pre‑market
* Today’s Pre‑Market High/Low (**PMH**, **PML**)
* Yesterday’s **Value Area High/Low** (**VAH/VAL**) and **Point of Control (POC)** computed from a volume profile of yesterday’s **regular session**
* Smart de‑duplication:
* Shows **only the higher** of (yEHH vs PMH) and **only the lower** of (yEHL vs PML) to avoid redundant bands
* **Market Breadth Table (on‑chart table)**
* **NYSE ratio** = UVOL/DVOL (signed) with **VOLD slope** from session open
* **NASDAQ ratio** = UVOLQ/DVOLQ (signed) with **VOLDQ slope** from session open
* **TICK** and **TICKQ**: live cumulative ratio and short‑term slope
* **VIX** (optional): current value + slope over a configurable lookback/timeframe
* Color‑coded trends with sensible thresholds and optional normalization
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## 2) How to use it (trader workflow)
1. **Mark your reaction zones**
* Watch **yHoD/yLoD**, **PMH/PML**, and **VAH/VAL/POC** for first touches, break/retest, and failure tests.
* Expect increased responsiveness when multiple levels cluster (e.g., PMH ≈ VAH ≈ daily pivot).
2. **Read the breadth panel for context**
* **NYSE/NASDAQ ratio** (>1 = more up‑volume than down‑volume; <−1 = down‑dominant). Strong green across both favors long setups; red favors short setups.
* **VOLD slopes** (NYSE & NASDAQ): positive and accelerating → broadening participation; negative → persistent pressure.
* **TICK/TICKQ**: cumulative ratio and **slope arrows** (↗ / ↘ / →). Use the slope to gauge **near‑term thrust or fade**.
* **VIX slope**: rising VIX (red) often coincides with risk‑off; falling VIX (green) with risk‑on.
3. **Confluence = higher confidence**
* Example: Price reclaims **PMH** while **NYSE/NASDAQ ratios** print green and **TICK slopes** point ↗ — consider break‑and‑go; if VIX slope is ↘, that adds risk‑on confidence.
* Example: Price rejects **VAH** while **VOLD slopes** roll negative and VIX ↗ — consider fade/reversal.
4. **Risk management**
* Place stops just beyond key levels tested; if breadth flips, tighten or exit.
> **Timeframes:** Works best on 1–15m charts for intraday. Value Area is computed from **yesterday’s RTH**; choose a smaller calculation timeframe (e.g., 5–15m) for stable profiles.
---
## 3) Inputs & settings (what each option controls)
### Global Style
* **Enable all automatic price levels**: master toggle for yHoD/yLoD, yEHH/yEHL, PMH/PML, VAH/VAL/POC.
* **Line style/width**: applies to all drawn levels.
* **Label size/style** and **label color linking**: use the same color as the line or override with a global label color.
* **Maximum bars lookback**: how far the script scans to build yesterday metrics (performance‑sensitive).
### Value Area / Volume Profile
* **Enable Value Area calculations** *(on by default)*: computes yesterday’s **POC**, **VAH**, **VAL** from a simplified intraday volume profile built from yesterday’s **regular session bars**.
* **Max Volume Profile Points** *(default 50)*: lower values = faster; higher = more precise.
* **Value Area Calculation Timeframe** *(default 15)*: the security timeframe used when collecting yesterday’s highs/lows/volumes.
### Individual Level Toggles & Colors
* **yHoD / yLoD** (yesterday high/low)
* **yEHH / yEHL** (yesterday AH + today pre‑market extremes)
* **PMH / PML** (today pre‑market extremes)
* **VAH / VAL / POC** (yesterday RTH value area + point of control)
### Market Breadth Panel
* **Show NYSE / NASDAQ / VIX**: choose which series to display in the table.
* **Table Position / Size / Background Color**: UI placement and legibility.
* **Slope Averaging Periods** *(default 5)*: number of recent TICK/TICKQ ratio points used in slope calculation.
* **Candles for Rate** *(default 10)* & **Normalize Rate**: VIX slope calculation as % change between `now` and `n` candles ago; normalize divides by `n`.
* **VIX Timeframe**: optionally compute VIX on a higher TF (e.g., 15, 30, 60) for a smoother regime read.
* **Volume Normalization** (NYSE & NASDAQ): display VOLD slopes scaled to `tens/thousands/millions/10th millions` for readable magnitudes; color thresholds adapt to your choice.
---
## 4) Data sources & definitions
* **UVOL/VOLD (NYSE)** and **UVOLQ/DVOLQ/VOLDQ (NASDAQ)** via `request.security()`
* **Ratio** = `UVOL/DVOL` (signed; negative when down‑volume dominates)
* **VOLD slope** ≈ `(VOLD_now − VOLD_open) / bars_since_open`, then normalized per your setting
* **TICK/TICKQ**: cumulative sum of prints this session with **positives vs negatives ratio**, plus a simple linear regression **slope** of the last `N` ratio values
* **VIX**: value and slope across a user‑selected timeframe and lookback
* **Sessions (EST/EDT)**
* **Regular:** 09:30–16:00
* **Pre‑Market:** 04:00–09:30
* **After Hours:** 16:00–20:00
* **Extended‑hours extremes** combine **yesterday AH** + **today PM**
> **Note:** All session checks are done with TradingView’s `time(…,"America/New_York")` context. If your broker’s RTH differs (e.g., futures), adjust expectations accordingly.
---
## 5) How the algorithms work (plain English)
### A) Key Levels
* **Yesterday’s RTH High/Low**: scans yesterday’s bars within 09:30–16:00 and records the extremes + bar indices.
* **Extended Hours**: scans yesterday AH and today PM to get **yEHH/yEHL**. Script shows **either yEHH or PMH** (whichever is **higher**) and **either yEHL or PML** (whichever is **lower**) to avoid duplicate bands stacked together.
* **Value Area & POC (RTH only)**
* Build a coarse volume profile with `Max Volume Profile Points` buckets across the price range formed by yesterday’s RTH bars.
* Distribute each bar’s volume uniformly across the buckets it spans (fast approximation to keep Pine within execution limits).
* **POC** = bucket with max volume. **VA** expands from POC outward until **70%** of cumulative volume is enclosed → yields **VAH/VAL**.
### B) Market Breadth Table
* **NYSE/NASDAQ Ratio**: signed UVOL/DVOL with basic coloring.
* **VOLD Slopes**: from session open to current, normalized to human‑readable units; colors flip green/red based on thresholds that map to your normalization setting (e.g., ±2M for NYSE, ±3.5×10M for NASDAQ).
* **TICK/TICKQ Slope**: linear regression over the last `N` ratio points → **↗ / → / ↘** with the rounded slope value.
* **VIX Slope**: % change between now and `n` candles ago (optionally divided by `n`). Red when rising beyond threshold; green when falling.
---
## 6) Recommended presets
* **Stocks (liquid, intraday)**
* Value Area **ON**, `Max Volume Points` = **40–60**, **Timeframe** = **5–15**
* Breadth: show **NYSE & NASDAQ & VIX**, `Slope periods` = **5–8**, `Candles for rate` = **10–20**, **Normalize VIX** = **ON**
* **Index futures / very high‑volume symbols**
* If you see Pine timeouts, set `Max Volume Points` = **20–40** or temporarily **disable Value Area**.
* Keep breadth panel **ON** (it’s light). Consider **VIX timeframe = 15/30** for regime clarity.
---
## 7) Tips, edge cases & performance
* **Performance:** The volume profile is capped (`maxBarsToProcess ≤ 500` and bucketed) to keep it responsive. If you experience slowdowns, reduce `Max Volume Points`, `Maximum bars lookback`, or disable Value Area.
* **Redundant lines:** The script **intentionally suppresses** PMH/PML when yEHH/yEHL are more extreme, and vice‑versa.
* **Label visibility:** Use `Label style = none` if you only want clean lines and read values from the right‑end labels.
* **Futures/RTH differences:** Value Area is from **yesterday’s RTH** only; for 24h instruments the RTH period may not reflect overnight structure.
* **Session transitions:** PMH/PML tracking stops as soon as RTH starts; values persist as static levels for the session.
---
## 8) Known limitations
* Uses public TradingView symbols: `UVOL`, `VOLD`, `UVOLQ`, `DVOLQ`, `VOLDQ`, `TICK`, `TICKQ`, `VIX`. If your data plan or region limits any symbol, the corresponding table rows may show `na`.
* The VA/POC approximation assumes uniform distribution of each bar’s volume across its high–low. That’s fast but not a tick‑level profile.
* Works best on US equities with standard NY session; alternative sessions may need code changes.
---
## 9) Troubleshooting
* **“Script is too slow / timed out”** → Lower `Max Volume Points`, lower `Maximum bars lookback`, or toggle **OFF** `Enable Value Area calculations` for that instrument.
* **Missing breadth values** → Ensure the symbols above load on your account; try reloading chart or switching timeframes once.
* **Overlapping labels** → Set `Label style = none` or reduce label size.
---
## 10) Version / license / contribution
* **Version:** Initial public release (Pine v6).
* **Author:** © yelober
* **License:** Free for community use and enhancement. Please keep author credit.
* **Contributing:** Open PRs/ideas: presets, alert conditions, multi‑day VA composites, optional mid‑value (`(VAH+VAL)/2`), session filter for futures, and alertable state machine for breadth regime transitions.
---
## 11) Quick start (TL;DR)
1. Add the indicator and **keep default settings**.
2. Trade **reactions** at yHoD/yLoD/PMH/PML/VAH/VAL/POC.
3. Use the **breadth table**: look for **green ratios + ↗ slopes** (risk‑on) or **red ratios + ↘ slopes** (risk‑off). Check **VIX** slope for confirmation.
4. Manage risk around levels; when breadth flips against you, tighten or exit.
---
### Changelog (public)
* **v1.0:** First community release with automatic RTH levels, VA/POC approximation, breadth dashboard (NYSE/NASDAQ/TICK/TICKQ/VIX) with normalization and adaptive color thresholds.
ATR Dashboard - already\leftCalcularing ATR and showing how much of ATR the candle has traveled already and how much left
Futures Confluence Delta (FCD) - Histogram
The Futures Confluence Delta (FCD) Histogram is a powerful trend-following indicator tailored for scalping futures on 1-minute charts. Displayed in a bottom panel like RSI or volume, it visualizes cumulative volume delta to identify bullish or bearish market momentum. The histogram turns green for positive delta (buying pressure, suggesting a long trend) and red for negative delta (selling pressure, indicating a short trend), providing quick insight into market direction.
This indicator is ideal for futures traders seeking confluence with other tools, such as VWMA or order block strategies. It uses a simple yet effective delta calculation (buy volume for up candles, sell volume for down candles, smoothed with EMA) to highlight trend strength, making it perfect for fast-paced scalping environments.
Key Features:
Cumulative Delta Histogram: Tracks buying vs. selling pressure, smoothed with an EMA for clarity.
Color-Coded Trend Signals: Green for bullish (long) trends, red for bearish (short) trends.
Customizable Settings: Adjust the delta lookback period and enable/disable daily reset for flexibility.
Optimized for 1-minute charts on futures.
Alert Support: Set alerts for trend changes to stay ahead of market shifts.
How to Use:
Add the indicator to your 1-minute chart. Observe the histogram in the bottom panel:
Green bars (positive delta) suggest a bullish trend, favoring long entries.
Red bars (negative delta) indicate a bearish trend, favoring short entries.
Combine with other indicators (e.g., VWMA, order blocks, or FVGs) for confluence.
Set alerts for trend changes via the FCD Long Trend or FCD Short Trend conditions.
Adjust settings (delta lookback, daily reset) to match your trading style.
Settings:
Delta Lookback Period (default: 14): Controls the EMA smoothing of the delta. Lower values increase sensitivity; higher values smooth trends.
Reset Delta Daily (default: true): Resets cumulative delta at the start of each trading day for futures session alignment.
Long Color (default: green): Color for bullish delta.
Short Color (default: red): Color for bearish delta.
Notes:
Ensure sufficient historical data (500+ bars) for accurate delta calculations.
Test on NQ for higher volatility, as it may show stronger delta signals compared to GC or ES.
Check the Pine Logs pane (“More” > “Pine Logs”) for any NA data issues if the histogram doesn’t display.
Share your feedback or suggestions in the comments!
Greer Fair Value✅ Greer Fair Value
Greer Fair Value: Graham intrinsic value + Buffett-style DCF with auto EPS/FCF and auto growth (CAGR of FCF/share), defaulting to a simple GFV badge that color-codes opportunity at a glance.
📜 Full description
Greer Fair Value is inspired by the valuation frameworks of Benjamin Graham and Warren Buffett. It combines Graham’s rate-adjusted intrinsic value with a two-stage, per-share DCF. The script auto-populates EPS (TTM) and Free Cash Flow per share (FY/FQ/TTM) from request.financial(), and can auto-estimate the near-term growth rate (g₁) using the CAGR of FCF/share over a user-selected lookback (with sensible caps). All assumptions remain editable.
Default view: only the GFV badge is shown to keep charts clean.
Badge color logic:
Gold — both DCF and Graham fair values are above the current price
Green — exactly one of them is above the current price
Red — the current price is above both values
Show more detail (optional):
Toggle “Show Graham Lines” and/or “Show DCF Lines” to plot fair values (and optional MoS bands) over time.
Toggle “Show Dashboard” for a compact data table of assumptions and outputs.
Optional summary label can be enabled for a quick on-chart readout.
Inputs you can customize: EPS source/manual fallback, FCF/share source (FY/FQ/TTM), g₁ auto-CAGR lookback & caps, terminal growth gT, discount rate r, MoS levels, step-style plots, table position, and decimals.
Note: TradingView’s UI controls whether “Inputs/Values in Status Line” are shown. If you prefer a clean status line, open the indicator’s settings and uncheck those options, then Save as default.
Disclaimer: For educational/informational purposes only; not financial advice. Markets involve risk—do your own research.
Extreme Zone Volume ProfileExtreme Zone Volume Profile (EZVP)
Originality & Innovation
The Extreme Zone Volume Profile (EZVP) revolutionizes traditional volume profile analysis by applying statistical zone classification to volume distribution. Unlike standard volume profiles that display raw volume data, EZVP segments the price range into statistically meaningful zones based on percentile thresholds, allowing traders to instantly identify where volume concentration suggests strong support/resistance versus areas of potential breakout.
Technical Methodology
Core Algorithm:
Distributes volume across user-defined bins (20-200) over a lookback period
Calculates volume-weighted price levels for each bin
Applies percentile-based zone classification to the price range (not volume ranking)
Zone B (extreme zones): Outer percentile tails representing potential rejection areas
Zone A (significant zones): Secondary percentile bands indicating strong interest levels
Center Zone: Bulk trading range where most price discovery occurs
Mathematical Foundation:
The script uses price-range percentiles rather than volume percentiles. If the total price range is divided into 100%, Zone B captures the extreme price tails (default 2.5% each end ≈ 2 standard deviations), Zone A captures the next significant bands (default 14% each ≈ 1 standard deviation), leaving the center for normal distribution trading.
Key Calculations:
POC (Point of Control): Price level with maximum volume accumulation
Volume-weighted mean price: Total volume × price / total volume
Median price: Geometric center of the price range
Rightward-projected bars: Volume bars extend forward from current time to avoid historical chart clutter
Trading Applications
Zone Interpretation:
Zone B (Red/Green): Extreme price levels where volume suggests strong rejection potential. Price reaching these zones often indicates overextension and possible reversal points.
Zone A (Orange/Teal): Significant support/resistance areas with substantial volume interest. These levels often act as intermediate targets or consolidation zones.
Center (Gray): Fair value area where most trading occurs. Price tends to return to this range during normal market conditions.
Strategic Usage:
Reversal Trading: Look for rejection signals when price enters Zone B areas
Breakout Confirmation: Volume expansion beyond Zone B boundaries suggests genuine breakouts
Support/Resistance: Zone A boundaries often provide reliable entry/exit levels
Mean Reversion: Price tends to gravitate toward the volume-weighted mean and POC lines
Unique Value Proposition
EZVP addresses three key limitations of traditional volume profiles:
Visual Clarity: Standard profiles can be cluttered and difficult to interpret quickly. EZVP's color-coded zones provide instant visual feedback about price significance.
Statistical Framework: Rather than relying on subjective interpretation of volume nodes, EZVP applies objective percentile-based classification, making support/resistance identification more systematic.
Forward-Looking Display: Rightward-projecting bars keep historical price action clean while maintaining current market structure visibility.
Configuration Guide
Lookback Period (10-1000): Controls the historical depth of volume calculation. Shorter periods for intraday scalping, longer for swing trading.
Number of Bins (20-200): Resolution of volume distribution. Higher values provide more granular analysis but may create noise on lower timeframes.
Zone Percentages:
Zone B: Extreme threshold (default 2.5% = ~2σ statistical significance)
Zone A: Significant threshold (default 14% = ~1σ statistical significance)
Visual Controls: Toggle individual elements (POC, median, mean, zone lines) to customize display complexity for your trading style.
Technical Requirements
Pine Script v6 compatible
Maximum bars back: 5000 (ensures sufficient historical data)
Maximum boxes: 500 (supports high-resolution bin counts)
Maximum lines: 50 (accommodates all zone and reference lines)
This indicator synthesizes volume profile theory with statistical zone analysis, providing a quantitative framework for identifying high-probability support/resistance levels based on volume distribution patterns rather than arbitrary price levels.
MomentumScriptThis is Momentum Tracker based on Richard Driehaus' research:
1) 12–1 momentum (return from t-12 months to t-1 month
2) FIP / path efficiency (many small up days > one big gap)
3) Proximity to 52-week high/low
Capiba RSI + Ichimoku + VolatilidadeThe "Capiba RSI + Ichimoku + Volatility" indicator is a powerful, all-in-one technical analysis tool designed to provide traders with a comprehensive view of market dynamics directly on their price chart. This multi-layered indicator combines a custom Relative Strength Index (RSI), the trend-following Custom Ichimoku Cloud, and dynamic volatility lines to help identify high-probability trading setups.
How It Works
This indicator functions by overlaying three distinct, yet complementary, analysis systems onto a single chart, offering a clear and actionable perspective on a wide range of market conditions, from strong trends to periods of consolidation.
1. Custom RSI & Momentum Signals
The core of this indicator is a refined version of the Relative Strength Index (RSI). It calculates a custom Ultimate RSI that is more sensitive to price movements, offering a quicker response to potential shifts in momentum. The indicator also plots a moving average of this RSI, allowing for the generation of clear trading signals. Use RMAs.
Bar Coloring: The color of the price bars on your chart dynamically changes to reflect the underlying RSI momentum.
Blue bars indicate overbought conditions, suggesting trend and a potential short-term reversal.
Yellow bars indicate oversold conditions, hinting at a potential bounce.
Green bars signal bullish momentum, where the Custom RSI is above both 50 and its own moving average.
Red bars indicate bearish momentum, as the Custom RSI is below both 50 and its moving average.
Trading Signals: The indicator plots visual signals directly on the chart in the form of triangles to highlight key entry and exit points. A green triangle appears when the Custom RSI crosses above its moving average (a buy signal), while a red triangle marks a bearish crossunder (a sell signal).
2. Custom Ichimoku Cloud for Trend Confirmation
This component plots a standard Ichimoku Cloud directly on the chart, providing a forward-looking view of trend direction, momentum, and dynamic support and resistance levels.
The cloud’s color serves as a strong visual cue for the prevailing trend: a green cloud indicates a bullish trend, while a red cloud signals a bearish trend.
The cloud itself acts as a dynamic support or resistance zone. For example, in an uptrend, prices are expected to hold above the cloud, which provides a strong support level for the market.
3. Dynamic Volatility Lines
This final layer is a dynamic volatility channel that automatically plots the highest high and lowest low from a user-defined period. These lines create a visual representation of the recent price range, helping traders understand the current market volatility.
Volatility Ratio: A label is displayed on the chart showing a volatility ratio, which compares the current price range to a historical average. A high ratio indicates increasing volatility, while a low ratio suggests a period of price consolidation or lateral movement, a valuable insight for day traders.
The indicator is highly customizable, allowing you to adjust parameters like RSI length, overbought/oversold levels, Ichimoku periods, and volatility lookback periods to suit your personal trading strategy. It is an ideal tool for traders who rely on a combination of momentum, trend, and volatility to make well-informed decisions.
ECVD by bigmmThis indicator is designed for scalping and short-term trading, ideally used on 1-5 minute timeframes. It helps identify significant momentum shifts by tracking extreme volume imbalances between buying and selling pressure.
How It Works:
The indicator calculates cumulative volume delta (the difference between buying and selling volumes) on a 1-hour timeframe
It identifies the maximum and minimum delta values over the last 499 bars
When the current delta reaches or exceeds these extreme values (100% of the recent extremes), it draws horizontal lines on the chart
Red "Sell" lines appear when buying pressure reaches extreme levels
Green "Buy" lines appear when selling pressure reaches extreme levels
Trading Application:
On lower timeframes (1-5 min), these extreme readings often signal potential reversal points
The lines act as dynamic support/resistance levels where price may react
The indicator keeps only the 4 most recent lines (2 of each type) to avoid clutter
Traders can use these signals to anticipate short-term price movements and manage risk
Best Used For:
Scalping strategies on very short timeframes
Identifying potential reversal points after strong momentum moves
Confirming entry and exit points in conjunction with other indicators
Understanding when volume extremes might be exhausted
This tool works particularly well in combination with price action analysis and other momentum indicators for comprehensive trading decisions.
STRAT 3-2-2 (30m) • Upcoming / Approach / Entry + AlertsThis indicator is built for The STRAT trading method, specifically the 3-2-2 reversal pattern. It monitors price action on the 30-minute timeframe (HTF = 30m) and visually/alert-wise highlights where a 3-2-2 setup, approach, or entry trigger occurs.
---
⚙️ How it works
1. Detects bar types:
3 (Outside Bar) = range breaks both high & low of the previous bar
2u (Up bar) = higher high, not outside
2d (Down bar) = lower low, not outside
1 (Inside bar) = fully contained within prior bar
2. Looks for 3-2-2 setups:
Bullish 3-2-2 = 3 → 2d → 2u (expect reversal UP)
Bearish 3-2-2 = 3 → 2u → 2d (expect reversal DOWN)
3. Defines trigger levels:
Bullish trigger = high of the first “2d” bar
Bearish trigger = low of the first “2u” bar
4. Signals 3 phases:
Upcoming: pattern is forming, second “2” hasn’t triggered yet
Approach: price comes within 50% (adjustable) of the trigger level
Entry: price breaks the trigger (actual reversal confirmation)
5. Visualization:
Labels above/below candles show “Approach” and “Entry”
Background or bar colors (toggle in settings) highlight Setup / Approach / Entry
Optional dotted line marks the trigger level for clarity
---
🔔 Alerts
Two alert systems are built in:
1. Safe static conditions (for normal TradingView alert setup):
APPROACH: Bullish 3-2-2 (30m)
APPROACH: Bearish 3-2-2 (30m)
ENTRY: Bullish 3-2-2 (30m)
ENTRY: Bearish 3-2-2 (30m)
2. Dynamic messages (using alert() calls with price info):
If you create an alert with “Any alert() function call”, the pop-up will include the trigger price.
---
📋 Inputs (Settings)
Signal timeframe (HTF) → default 30m
Confirm signals at HTF bar close → waits for bar close (non-repainting)
Approach = % of first '2' bar range → default 50%
Show labels → On/Off
Color candles instead of background → toggle between candle color vs. chart background
Aggregated Multi-Exchange Delta Volume Histogram (w ADMF)This indicator is multi-exchange aggregated volume with additional ATR-based length ADMF EMA (orange/green line).
It has pre-defined ticker list for BTC, ETH and SOL but feel free to use settings to add a multi-exchange ticker list for any other ticker.
RDT Buy/Sell Signals Scalp 1MExit alerts for scalps for the 1m chart.
An alert is triggered, if a 1m candle ended and a 3/8 EMA cross was created in the according direction (depending on whether Long or Short Exit alert is set).
Entry alerts basically work the same. I've never ever used them so far though, since it never made sense the way I trade.
More infos: www.reddit.com
Market Pulse Dip RadarThis indicator is designed to help traders spot meaningful dips in price and then evaluate whether those dips are worth trading or not. It doesn’t just mark a dip; it also helps with risk management, trade planning, and filtering out weak signals.
Here’s how it works:
First, it looks at the recent high price and checks how much the market has dropped from that high. If the drop is larger than the minimum percentage you set, it marks it as a potential dip.
Next, it checks the trend structure by using two moving averages (a fast one and a slow one). If the fast average is below the slow average, it means the market is in a weaker structure, and that dip is considered more valid.
On top of that, you can enable a multi-timeframe filter. For example, if you are trading on the 15-minute chart, you can ask the indicator to confirm that the 1-hour trend is also supportive before showing you a dip. This helps avoid trading against the bigger trend.
Risk management is built in. The indicator automatically suggests a stop-loss by combining volatility (ATR) and recent swing lows. It then draws three profit target levels (1x risk, 2x risk, and 3x risk). This makes it easier to plan where to exit if the trade works.
A key part of this tool is the confidence score. Each dip signal is rated from 0 to 100. The score depends on how deep the dip is, how far apart the moving averages are, how healthy volatility is, and whether the higher timeframe supports the trade. The score is then labeled as High, Medium, Low, or Wait. This helps traders focus only on the stronger setups.
On the chart, dip signals are marked with a diamond shape under the bars. The color of the diamond tells you if it’s high, medium, or low quality. When a signal appears, the indicator also plots horizontal lines for the entry, stop, and targets.
To make it easier to read, there is also a dashboard box that shows the current score, quality, dip percentage, and suggested stop-loss. This means you don’t have to calculate or check different things yourself – everything is visible in one place.
Finally, it comes with alerts. You can set alerts for when a dip signal happens, or when it’s medium or high confidence. This way, you don’t need to stare at charts all day; TradingView can notify you.
So in short, this tool:
• Finds dips based on your rules.
• Filters them using structure, volatility, and higher timeframe trend.
• Suggests stop-loss and profit targets.
• Rates each dip with a confidence score.
• Shows all this info in a clean dashboard and alerts you when it happens.
👉 Do you want me to now explain how a trader would actually use it in practice (step by step, from signal to trade)?