Get started

Indicators and strategies

Ultimate Market Sentiment (UMS)Ultimate Market Sentiment (UMS) — Multi-Factor Quantitative Sentiment Oscillator A institutional-grade sentiment indicator synthesizing five distinct market dimensions—trend momentum, volatility regime, relative strength, volume-pressure, and hidden Markov states—into a unified sentiment gauge using robust statistical normalization and sigmoid compression. Overview The Ultimate Market Sentiment (UMS) indicator represents a comprehensive quantitative approach to market psychology, combining orthogonal data sources into a single interpretable sentiment score. Unlike simple oscillators that rely on price alone, UMS integrates trend dynamics, fear gauges (volatility), benchmark-relative performance, institutional flow (volume-weighted returns), and probabilistic regime detection via Hidden Markov Models. Each component undergoes robust Z-score normalization and sigmoid compression to ensure comparable scale and saturation behavior, then weighted-combined into a final sentiment reading ranging from -100 (extreme panic) to +100 (extreme euphoria). Key Features Five-Factor Sentiment Model: Combines Trend, Volatility (inverted fear), Relative Strength, Volume Flow, and HMM Regime probability into composite sentiment Hidden Markov Model (HMM) Regime Detection: Probabilistic 2-state model (Bull/Bear) with configurable transition probabilities and regime-specific return distributions (μ, σ) Robust Z-Score Normalization: Manual statistical implementation handling NA values, with variance clamping and population standard deviation calculation over configurable windows Sigmoid Compression: Maps extreme Z-scores to bounded range using logistic function with adjustable sensitivity (temperature) parameter Custom Logarithmic Implementation: Series-expansion based natural log calculation for return computations, avoiding built-in function dependencies Least-Squares Trend Extraction: Linear regression slope calculation via normal equations for true mathematical trend measurement (not just price differences) Benchmark Relative Analysis: Optional comparison against external symbol (default SPY) for alpha-generation measurement Adaptive Weighting System: Automatic weight renormalization when components are disabled, ensuring valid probability distributions Extreme Zone Detection: Visual markers and background coloring for Euphoria (>60) and Panic (<-60) thresholds The Five Sentiment Components 1. Trend Component (Momentum) Calculates the slope of the log-price curve using least-squares linear regression over the Trend slope window . The slope represents instantaneous trend momentum—positive values indicate upward drift, negative indicate downward. This is Z-scored against historical trend slopes and compressed via sigmoid to , creating a momentum sentiment gauge that saturates during parabolic trends. 2. Volatility Component (Fear/Stress) Measures realized volatility (standard deviation of log returns) over the Volatility window . High volatility typically coincides with market fear and uncertainty. The component is inverted ( -1 × sigmoid(Z) ) so that high volatility produces negative sentiment (bearish/fear) and low volatility produces positive sentiment (calm/confidence). This captures the "fear gauge" dimension of market psychology. 3. Relative Strength Component (Alpha) Compares cumulative log returns of the asset versus a benchmark symbol (e.g., SPY) over the Relative strength window . Positive values indicate the asset is outperforming the market (relative strength), negative indicates underperformance. This isolates idiosyncratic sentiment specific to the instrument versus broad market beta. Can be disabled for forex/crypto where benchmark selection is ambiguous. 4. Volume Flow Component (Institutional Pressure) Calculates return × relative volume , where relative volume is current volume divided by average volume. This measures the "conviction" behind price moves—large moves on high volume generate extreme sentiment values, while quiet moves generate muted signals. Captures institutional accumulation/distribution pressure. 5. Regime Component (HMM State Probability) Implements a 2-state Hidden Markov Model with Bull and Bear regimes, each characterized by mean return (μ) and volatility (σ). The model calculates the posterior probability of being in the Bull regime given observed returns, using Bayesian updating with configurable transition probabilities ( P(stay in bull) and P(stay in bear) ). Output is scaled from probability to sentiment ( 2×(P-0.5) ). Provides the "smart money" regime context. How It Works Normalization Pipeline Each component follows a rigorous statistical pipeline: Raw calculation (slope, volatility, return difference, etc.) Robust Z-score: (Value - Mean) / StdDev calculated over Normalization window Sigmoid compression: 2/(1+e^(-Z/sens)) - 1 mapping to with adjustable sensitivity Weighting: Multiplied by user-defined weights (default: Trend 30%, Volatility 25%, RS 20%, Flow 15%, Regime 10%) Composite Construction Weighted components are summed and then re-normalized via Z-score and sigmoid compression to prevent any single extreme component from dominating the final output. Final scaling to provides intuitive interpretation. Hidden Markov Model Mechanics The HMM assumes the market exists in unobserved Bull or Bear states with Gaussian return distributions: Bull regime: Mean μ_bull (default +0.05%/bar), StdDev σ_bull (default 1.0%) Bear regime: Mean μ_bear (default -0.05%/bar), StdDev σ_bear (default 1.5%) Transition matrix: High persistence probabilities (default 97% chance of staying in current state) Bayesian updating: Calculates P(Bull|Return) using prior probability and likelihood functions Settings Guide Trend slope window: Lookback for linear regression trend calculation (default 50). Longer = smoother trend, shorter = more responsive. Relative strength window: Cumulative return comparison period (default 50). Synchronize with typical holding periods. Realized volatility window: Standard deviation calculation period (default 20). Standard monthly volatility window. Volume flow window: Volume averaging period (default 20). Z-score normalization window: Statistical baseline for all Z-scores (default 200). Longer windows provide more stable percentiles but slower adaptation to regime changes. Z-score compression (sensitivity): Sigmoid temperature parameter (default 2.0). Higher values (5-10) create smoother, slower-saturating sentiment; lower values (0.5-1.0) create binary-like sharp transitions. Benchmark symbol: Default SPY for equities; change to QQQ, IWM, or disable for non-equity assets. HMM Parameters: Bull/Bear regime means: Expected returns per bar in each state (adjust for timeframe—daily vs hourly) Standard deviations: Volatility characteristics of each regime (bears typically higher vol) P(stay): Regime persistence (0.97 = slow transitions, 0.8 = faster regime detection) Lime: Trend component Orange: Volatility (inverted) component Blue: Relative Strength component Purple: Volume Flow component Fuchsia: Regime probability component Background Coloring: Green tint in bullish zones (>20), red tint in bearish zones (<-20), intensifying beyond ±60 Signal Markers: Triangles marking crossovers into Euphoria (▲ green) and Panic (▼ red) zones Interpret UMS as a contrarian indicator when extremes persist (>60 or <-60) and as a trend-confirmation tool during intermediate zones. Divergences between UMS and price (e.g., price making new lows but UMS forming higher lows) often signal impending reversals. The individual component plots reveal which factors are driving sentiment—if Trend is bullish but Volatility is deeply negative, the market may be experiencing a "wall of worry" climb. When all five components align (all positive or all negative), the signal carries maximum conviction.
Pine Script® indicator
by Cmo22
QuantRx-LSR/Liquidity-sweep-radarLiquidity Sweep Radar (LSR) — visual sweep + reclaim mapping Liquidity Sweep Radar (LSR) is a chart visualization tool that helps you track potential liquidity pool levels, identify when price sweeps those areas, and highlight reclaim behavior. It also includes an optional history table so you can review recent sweep events without manually searching the chart. This is built for traders who struggle with: “I see the move after it happens.” Too many conflicting tools / too much chart noise. Not knowing which highs/lows actually matter. Hesitation after a stop run / fakeout. LSR is not a prediction tool and not a trading system. It’s designed to help you organize information and execute your rules more consistently. What you’ll see on the chart Depending on your settings, LSR can show: Liquidity pool levels (areas price may interact with) Sweep tracking (high/low events) Reclaim zones (to visualize when price returns back through/into the level) Score labels (a quick way to rank/compare events) History table with fields like: Status (WAITING/FILLED) • Direction (High/Low) • Pool • Extreme • Score • Bars since Note: Like any real-time market visualization, levels/events can update as new bars form. Always use confirmation and risk rules. How to Use (simple, repeatable workflow) Pick your context timeframe Use a higher timeframe for bias (trend / range), then drop down for execution if that’s your style. Let LSR identify the “areas that matter” Focus on the pool level and the extreme shown in the table/labels. Wait for reclaim + your confirmation Treat LSR as a filter/organizer, not an auto-entry button. Use your confirmation (structure shift, rejection candle, break/hold, etc.). Define invalidation first Your stop/invalidation should be based on structure and volatility — not the indicator alone. Backtest and forward test before using with live capital. Example Setups (educational + safe) Setup A: Sweep → Reclaim → Continuation (with higher timeframe bias) Bias up: price sweeps a local low into a pool, then reclaims back above the reclaim zone. You wait for confirmation (your rule) before considering a long idea. Setup B: Sweep → Failure to reclaim → Potential reversal zone Price sweeps a high, can’t reclaim/hold back above, and you look for a structure break or rejection as confirmation. This is a framework to study — not a recommendation. Setup C: “Reduce noise” mode Use the history table + filled sweeps to avoid overreacting to every wick. Filter to the best-looking events (by your rules + score/context). Recommended settings (practical) If the chart feels busy: reduce how many filled items are displayed and/or hide extra visuals. If you want review + journaling: keep the history table on and increase history rows. Disclaimer This script is for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and you are responsible for your own decisions. No indicator guarantees results.
Pine Script® indicator
by QuantRX
MNQ MES Precision Reversal Engine Integrated v1.0MNQ/MES Precision Reversal Engine — Integrated v1.0 Brief Description The MNQ/MES Precision Reversal Engine — Integrated v1.0 is a modular, institutional‑grade reversal and execution framework designed specifically for the MNQ and MES futures markets. Built on top of a refined version of the Colby structure engine, it combines market structure, volume‑based context, and multi‑timeframe confirmation into one clean, audit‑safe workflow. This indicator tracks true CHoCH/BOS events, highlights premium/discount zones, and maps FRVP‑based entry regions to identify where reversals are most likely to form. A built‑in EMA bias stack, VWAP bands, and a 3m→1m execution bridge provide directional context and timing precision. The early‑warning module and entry‑line logic help traders anticipate institutional defense before the actual reversal prints. Every component is toggle‑driven, visually minimal, and engineered for clarity — allowing traders to execute with confidence, avoid clutter, and maintain a narratable, repeatable workflow.
Pine Script® indicator
by dscottmuller
SWING [DEMAK]Indicator Overview: SWING SMART COLORS The SWING SMART COLORS indicator is an adaptive technical analysis tool designed to simplify multi-timeframe analysis. Its primary function is to provide context-aware Moving Averages that change automatically based on the timeframe you are currently viewing. Key Features Automatic Profile Switching: Using "Smart Detection," the indicator identifies your current chart interval (from 1-minute up to 1-week) and instantly displays a specific set of 4 predefined Simple Moving Averages (SMAs) tailored for that timeframe. Customizable Profiles: It includes 7 distinct profiles (1m, 5m, 15m, 1h, 4h, Daily, and Weekly). Each profile allows you to: Toggle individual SMAs on or off via checkboxes. Adjust the length/period of each SMA. Visual Hierarchy: It uses a consistent color-coding system to help you identify the "weight" of a trend at a glance (e.g., specific colors for 4h, Daily, or Monthly references). Manual Override: While the "Auto-Detection" mode is the default, you can manually lock the indicator to a specific profile regardless of the chart timeframe you are viewing. Why use it? Instead of cluttering your chart with dozens of moving averages or manually changing settings every time you switch from a 5-minute scalp to a daily swing trade, this indicator filters the noise and only shows the most relevant data for your current perspective.
Pine Script® indicator
by DemaK220
Liquidity Sweep Reentry Toolkit Full PlaybookFull Playbook – Institutional Execution Framework The Full Playbook is a complete, multi‑layered execution system designed for traders who want a clean, narratable, and institutional‑grade workflow. It combines market structure, liquidity events, imbalance logic, footprint‑style confirmation, and multi‑timeframe confluence into a single, modular toolkit. This script automatically identifies: - Liquidity sweeps (buy‑side and sell‑side) - CHoCH / BOS structure shifts - Directional and non‑directional imbalances (IMB) - Trap‑block zones and reentry logic - Footprint‑proxy signals (FP) - IAI defended sweeps (institutional defense model) - Strongest imbalance markers with bias alignment - Bias timeline dots (EMA stack) The Playbook is built for clarity and precision: every module is toggle‑driven, visually minimal, and designed to work together without clutter. It supports top‑down analysis (HTF → MTF → LTF) and provides clean execution signals on lower timeframes while allowing traders to anchor setups to higher‑timeframe zones. This is a full institutional workflow in one script — structure, liquidity, imbalances, defense, and execution, all in a modular and audit‑safe format.
Pine Script® indicator
by dscottmuller
[CS] Volume Spike Detector (Clean) Volume Spike Detector Statistically detects real volume spikes using Z-Score analysis, with a session-aware filter that ignores the expected 9:30 AM opening burst. 🔹 **What It Does** - Colors spike candles directly - your chart stays clean and neutral until a spike occurs - Uses Z-Score (standard deviation) to adapt to each instrument's natural volume profile - Two tiers: Spike and Major. Major spikes get a small "Nx" label showing volume relative to average - Compact 3-row stats table with current volume ratio, Z-Score, and status 🔹 **What Makes This Different** **Session-Aware Detection.** Every volume spike indicator on TradingView lights up at 9:30 AM because the market open always has high volume — that's expected, not a signal. This indicator has a configurable "opening burst" filter that suppresses the first N minutes after session open. You only see spikes that are actually unusual for the current session — not the ones every trader already expects. The design is intentionally minimal. Normal candles are neutral gray. Only spike candles get color. No background shading, no giant labels, no chart clutter. The signal is the candle itself. 🔹 **How to Read It** - **Neutral gray candles** — Normal volume. Nothing to see. - **Colored candle (subtle)** — Volume spike. Statistically above average. - **Colored candle (bright) + "Nx" label** — Major spike. Something worth paying attention to. - **Table shows "OPEN"** — Currently in the opening burst window. Spikes suppressed. 🔹 **Best Used For** - Confirming breakouts with real volume - Spotting potential reversals via climax volume - Filtering noise — only trade when volume confirms - Intraday trading where the 9:30 open spike is a constant problem 🔹 **Settings** - Lookback Period (50) — bars for average and standard deviation - Spike Threshold (2.0) — Z-Score minimum for detection - Major Spike Multiplier (1.5) — multiplied by threshold for Major tier - Session-Aware Mode (on) — ignores first N minutes after open - Ignore First N Minutes (5) — opening burst window - Session Open (930) — configurable for any market - Fully customizable colors for bull/bear spikes and neutral candles Part of the Candle Syntax collection — free trading indicators built different.
Pine Script® indicator
by CandleSyntax
Legendary LBR Powered Channel Gold Momentum Scalper with HTF FLTLegendary Linda Bradford Raschke's - A heavily adapted and evolved version of a classic moving-average channel scalping concept, re-designed specifically for the noisy 1-minute timeframe on XAUUSD (Gold Spot). The original idea (using EMA 16/30 as a channel, WMA 5/12 crossovers for breakout confirmation, and RSI 19 for trend strength) performed poorly on ultra-low timeframes due to excessive noise and frequent false signals. This version diverges significantly from the strict original rules to achieve better realism and positive expectancy in backtests. Core changes from the original concept: No requirement for the EMAs to be horizontal/flat on the 1-minute chart (too rare and unreliable) No simultaneous double WMA crossover trigger (replaced with strong directional momentum candle + ATR expansion) Higher-timeframe trend filter added (15-minute EMA 50 > EMA 200 for longs, reverse for shorts) to align with bigger moves RSI role shifted from trend confirmation (>50/<50) to avoiding extreme overbought/oversold entries Exits changed from WMA reversal cross to volatility-based: fixed ATR take-profit + trailing stop Indicators used: Higher timeframe (15m): EMA 50 (fast) & EMA 200 (slow) → overall trend direction Current timeframe (1m): ATR(14) → volatility measurement, SL/TP sizing RSI(14) → filter extreme conditions Price action: strong directional candle (close breaks previous close by ≥0.8×ATR) Entry rules: Long: Strong bullish candle + HTF trend bullish (15m EMA50 > EMA200) + RSI < 70 Short: Strong bearish candle + HTF trend bearish (15m EMA50 < EMA200) + RSI > 30 Risk management: Stop Loss: 1.0 × ATR below/above entry Take Profit: 2.5 × ATR (initial target) Trailing stop: activates after price moves 1.5 × ATR in favor, trails at 0.5 × ATR distance Fixed position size (0.1 lot recommended for micro accounts) Best usage: Timeframe: 1 minute XAUUSD only Sessions: London + New York overlap (highest liquidity/volatility) Backtest period: focus on recent data (2024–2026 preferred) Risk: 0.5–1% equity per trade maximum — high frequency requires tight discipline Important notes: This is a significantly modified adaptation built to function on 1-minute charts where the original logic fails. Forward test thoroughly, combine with discretion and broader market context. Trade responsibly.
Pine Script® strategy
by uzair2join
EVC (Multi Asset)!! PLEASE READ THE DESCRIPTION PROPERLY !! Overview : EVC (Multi Asset) is an advanced technical indicator de signed to identify high-probability momentum setups across different asset classes. The system combines volatility expansion analysis with momentum candle detection, featuring optimized presets for 1) NAS100 (CFDs) 2) BTCUSDT 3) EURUSD Core Methodology Volatility Expansion Index (VEI) The indicator calculates a proprietary Volatility Expansion Index by comparing short-term ATR to long-term ATR baseline. This ratio identifies three distinct market states: Goldilocks Zone (1.0 - 1.5): Optimal expansion for trend continuation. Asleep (<1.0): Low volatility, consolidation phase. Exhaustion (>1.5): Overextended moves, reversal risk. Momentum Candle Detection The system identifies significant momentum candles using multiple validation criteria: Body Size: Candle body must exceed average by customizable multiplier Wick Analysis: Total wick percentage filtered to ensure conviction Fair Value Gap (Optional): Clean price gaps between candles Ribbon Breakout (Recommended ON): Price closes outside EMA 10/20 value area. Multi-Timeframe Context 5M EMA Slope: Immediate trend direction for entry timing Daily Bias: 50/200 EMA cross on daily timeframe for strategic alignment 4H Regime: Expansion vs. grind mode classification. Asset-Specific Presets 1) NAS100 Configuration :- Trading Philosophy: Opening Drive Hunter Optimized for institutional trading sessions with high liquidity: Killzones: London Open (2-5 AM EST) + NY Session (9-10:30 AM EST) Body Multiplier: 1.5x (captures rapid trend starts) ATR Period: 20 (responsive to intraday volatility) FVG Required: Yes (filters false breakouts) VEI Rise: Any increase (catches early expansion) 2) BTCUSDT Configuration :- Trading Philosophy: 24/7 Liquidation Catcher Designed for cryptocurrency's continuous market and higher noise: Killzones: Disabled (24/7 trading) Body Multiplier: 2.0x (filters random wicking) ATR Period: 50 (longer baseline for crypto volatility) FVG Required: No (too restrictive for crypto) VEI Rise: 5% minimum (requires significant expansion) 3) EURUSD Configuration :- Trading Philosophy: Session Trend Rider Calibrated for forex market microstructure and news events: Killzones: Pre-London (1-5 AM) + NY Overlap (8-11 AM EST) Body Multiplier: 1.3x (forex candles naturally smaller) ATR Period: 20 (standard forex volatility) FVG Required: Yes (institutional move confirmation) VEI Rise: Any increase (catches steady trends) Dashboard Color Coding Volatility Expansion: 🟢 Green (1.0-1.5): Safe entry zone, optimal expansion 🔴 Red (>1.5): Exhaustion warning, avoid late entries ⚪ Gray (<1.0): Low volatility, wait for activation Trend Power: 🟢 Green: ADX above threshold, trending market ⚪ Gray: ADX below threshold, range-bound Session Status: 🟢 "KILLZONE ✓": Inside optimal trading window ⚪ "OUTSIDE": Low liquidity period 🔵 "24/7 MODE": Cryptocurrency continuous trading Signal Generation Logic Entry Conditions (All Must Be Met) Momentum candle formed (body size + wick criteria) VEI in Goldilocks zone when candle formed (1.0-1.5) ADX above minimum threshold (trend confirmation) Inside designated session window (if enabled) Optional: FVG present, ribbon breakout confirmed Visual Signals Green Triangle (Below Bar): Bullish momentum setup Red Triangle (Above Bar): Bearish momentum setup Triangles appear one candle after momentum candle forms. Critical Safety Features The Red Dashboard Override Most Important Rule: A triangle signal may appear while the dashboard shows RED. This occurs when: Momentum candle was valid when it formed (VEI in Goldilocks) VEI has since moved into exhaustion zone (>1.5) This indicates a "blow-off" move that accelerated too quickly Action: Do not enter trades when dashboard shows RED, even with triangle present. This protects against chasing overextended moves that often reverse quickly. Risk Disclosure This indicator is a technical analysis tool designed to identify potential trading setups based on volatility and momentum confluence. It does not guarantee profitable trades or predict future price movements. Key Points: All trading involves risk of loss Past performance does not indicate future results The indicator provides technical signals, not trading advice Users should implement proper risk management Backtesting recommended before live deployment Market conditions change and affect signal quality
Pine Script® indicator
by AkariFX
MTF-StochRSI&IMACD (Cryptograndpapa)This indicator is a one and done tool for you to analyze 9 pre-set time frames, 1min, 5, min, 15 min, 30 min, 1 hr, etc etc, to see what the IMACD and Stochastic RSI are doing in one spot on any chart you want to analyze, instead of switching between time frames to do it. If the arrow is pointing up/down there may be a little lag if it is changing but pertinent individual indicators aren't showing it changing yet. I was going to make it just show crossovers only but that doesnt really help much and this way could give an edge. Reason I built is I normally trade the 4 hour Time Frame, but got tired of switching time frames to see when to get in and out on the lower time frames and switching to higher time frames to see if still in an uptrend or starting a down trend. More modifications may be ahead if requests are feasible. Please share with your friends.
Pine Script® indicator
by cryptograndpapa
EVERYTHING by KALKI **EVERYTHING by KALKI — Feature Overview** • **Multi-Session Killzones** Plots Asia, London, NY AM, NY Lunch, and NY PM killzones with customizable colors, session times, and visibility range. • **Dynamic Session Range Boxes** Automatically expands live session boxes as price develops — giving a real-time view of volatility expansion. • **Session High & Low Projections** Tracks each killzone’s high/low and extends them forward until liquidity is taken. • **Custom Session Labels** Editable session names, text size, positioning, and transparency for clean chart presentation. • **New York Vertical Event Line** Marks NY Open with a customizable vertical line and text — highlighting a key intraday volatility shift. • **Opening Price Levels** Plots and forward-extends major global opens: Midnight • London • 8:30 AM • New York Open • **Forward Projection Engine** Opening levels extend a user-defined number of candles into the future for execution planning. • **Weekly High & Low Mapping** Live weekly extremes plotted and extended — framing macro liquidity targets. • **Market Structure Engine** Detects: Break of Structure (BOS) Market Structure Shift (MSS) Swing Pivots • **Structure Visualization Controls** Custom colors, line styles, pivot strength, and label formats (Full or Short). • **Master Visibility Controls** Toggle entire modules on/off instantly: Killzones • Opens • NY Line • Structure • Weekly Levels • Watermark • **Full Watermark System** Custom title, subtitle, symbol info, timeframe, and date display with position & styling controls. • **Institutional Time Framework** Built around EST session timing — aligning charts with global liquidity cycles. • **Clutter-Free Modular Design** Every component is optional and fully customizable to fit any execution model. **In short:** A complete price-action environment combining time, liquidity, and structure — built for traders who want institutional context directly on their chart. ~KALKI
Pine Script® indicator
by KALKI_23
TCD_scoring_lib_v2Scoring engine for TCD (Trade Consistent & Disciplined). Takes data from all library modules across 4 timeframes and produces: - **BUY/SELL scores (0-10):** Multi-timeframe trend alignment scoring - **CT Buy/Sell scores (0-18):** Counter-trend exhaustion scoring with stretched, structural, and completion signals - **Trade recommendations:** Scalp (with-trend and counter-trend) and Swing setups with specific entry, stop loss, T1, and T2 levels - **Validation pipeline:** Direction clamping, SL sanity checks, target hit cascading, proximity filtering, and R:R computation Pure functions only — no `request.security()` calls. All timeframe data is passed in from the main indicator. Used by: TCD - Trade Consistent & Disciplined (indicator)
Pine Script® library
by TradeCandD
QQQ Daily Levels (paste text) & Majors This indicator plots daily QQQ support and resistance levels derived from structural analysis using 3-minute extended-hours data combined with daily timeframe context. Levels are built from swing pivots and time-at-price shelf clustering, then filtered to include only tradeable near-price structure. Key levels can be marked with (major) to highlight strong shelves or primary pivots. How to Use Open QQQ chart. Add the indicator. Paste supports and resistances (comma-separated) into settings. Add (major) next to key levels if desired. Click OK. Update once per day with your current structural ladder.
Pine Script® indicator
by ontheline
SPY Daily Levels: Paste-In Supports ResistancesThis indicator allows you to paste ES (S&P Futures) levels and automatically converts them into SPY price levels using a live ES to SPY ratio. You maintain your ES ladder from futures analysis, and the script plots the corresponding SPY equivalents cleanly on your SPY chart. Major levels can be marked using (major) and will be visually distinguished. Designed for traders who build levels on ES but execute in SPY. How It Works You paste ES levels, not SPY levels. The script calculates the current ES to SPY ratio. Each ES level is converted into the proper SPY equivalent. Lines are plotted on your SPY chart. Levels marked (major) get a visual offset marker. No manual math required. What You Paste Each Day You will paste two text strings into the indicator settings. ES Supports (paste text) Comma-separated prices, lowest to highest Example: 5985, 6000 (major), 6025, 6050 (major) ES Resistances (paste text) Comma-separated prices, lowest to highest Example: 6075 (major), 6100, 6125 (major), 6150 Major rule: any level that contains the text (major) is treated as a major level and gets the extra marker line. Daily Usage Instructions Open SPY chart in TradingView. Add the indicator. Click the gear icon (Settings) on the indicator. In Supports (paste text), paste your ES supports list (comma-separated). In Resistances (paste text), paste your ES resistances list (comma-separated). Press OK. Levels will instantly redraw. Optional tuning Adjust Major offset if the major marker line is too close or too far. Adjust line opacity or color if you want lighter or heavier visuals. Update the two text fields once per day.
Pine Script® indicator
by ontheline