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TradeAxis Trendlines - Full RangeOverview TradeAxis Trendlines is an overlay indicator that automatically builds and maintains diagonal support/resistance trendlines from confirmed swing pivots, ranks candidates to reduce clutter, and provides optional breakout-based risk framing (TP/SL boxes) using structural stops. This script is built as a single workflow: Identify structurally valid trendlines Reduce clutter by ranking/filters Monitor/visualize breakouts with clear risk framing (disabled in Analysis Mode and on non-standard chart types) How the trendlines are detected and filtered 1) Confirmed pivot engine (non-instant pivots) Trendline anchors come from confirmed pivot highs/lows using user-defined Left/Right pivot strength. Because pivots require Right bars to confirm, lines are not drawn at the turning candle and will appear only after confirmation. 2) Candidate generation + structural validation The script tests pivot-to-pivot vectors and rejects candidates that fail structural criteria, including: Minimum line length (bars between anchors) Slope filtering with two modes: Absolute slope bounds (price-per-bar) ATR-relative slope bounds (thresholds scaled by ATR) Body-intersection rejection: candidates are filtered out if candle bodies repeatedly cut through the line beyond a tolerance Opposite-side invalidation gate: candidates can be rejected/disabled when price closes (or evaluates by Mid-body/Body mode) beyond the “wrong side” of the line, to avoid keeping lines that are already invalidated by structure 3) Touch counting + scoring (clutter control) Valid candidates are ranked using a weighted score that prioritizes: Number of valid touches Recency of the last touch Line span By default, the script plots both the primary and secondary (“2nd best”) support and resistance lines; you can disable the secondary set if you prefer a cleaner chart. 4) Dynamic cleanup behavior Trendlines are continuously refreshed as new pivots confirm. Lines that are decisively broken and then reclaimed can be removed to prevent stale structure from lingering on the chart. Optional modules A) Safety lines (structural stop references) When enabled, the script calculates additional diagonal “safety” lines from a separate pivot stream and selects the best safety reference near the active structure. These safety lines are used as structural candidates for Stop Loss placement in the breakout framing module. B) Higher-timeframe (HTF) overlays When enabled, the script runs its trendline detection logic on a user-selected higher timeframe using `request.security()` with lookahead disabled, and overlays the HTF support/resistance onto the current chart. HTF lines are plotted using time-based coordinates and can update as HTF bars confirm. C) Breakout + Risk/Reward visualization (optional) When enabled (and on standard charts), the script can flag breakouts and draw a risk/reward box: Breakout trigger: candle-body confirmation through the trendline plus a user-selected ATR-based buffer. Buffer Mode can be set to ATR (buffer = ATR × multiplier) or None (no buffer). Optional filters: Wick filter (rejects candles with excessive upper/lower wick percentage) Time windows (inputs are labeled in UTC+4) with optional overnight restrictions and specific block windows Minimum breakout body size (ticks) Stop Loss / Take Profit framing Stop selection is structural-first. The script prioritizes the active safety line (when available), otherwise it falls back to recent swing structure (recent swing high/low candidates) and the best available structural reference. Entries can be skipped if risk constraints are violated, including: Min SL Size (ticks) Max Allowed SL (×ATR) Take Profit is projected from the actual stop distance using the selected Risk/Reward Target. Important notes about the position tools This is a visualization/alerting aid. It does not place trades. TP/SL hit detection is bar-based (OHLC). If both TP and SL are within the same candle range, the script cannot know which occurred first. On non-standard chart types, position tools and entry/exit alerts are disabled. D) Analysis Mode When Analysis Mode is enabled, the script disables the breakout/risk framing logic and focuses on technical trendlines (plus structural alerts). Alerts Alert conditions are available for: Touch Support/Resistance (Primary, Secondary, or HTF) New Support/Resistance line detected Long/Short position tool placed (when enabled on standard charts) A combined “Any Event” condition
Pine Script® indicator
by murids4d4t
ICT Liquidity Sweep [KTY] ICT Liquidity Sweep Hi, I'm Kim Thank You 👋 KTY = Kim Thank You (김땡큐) Detects sweep candles that grab liquidity at swing highs/lows and reverse back inside. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 FEATURES - Liquidity Sweep Detection - Wick breaks level + Close inside = Sweep ✅ - Break and close outside = Real breakout (no sweep) - Visual Display - ⇩: High liquidity swept (BSL) - ⇧: Low liquidity swept (SSL) - Sweep line connects liquidity level to sweep candle - Vertical line marks sweep candle wick area - Multi-Timeframe - LTF and HTF sweep detection - HTF sweeps are more significant ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ✅ HOW TO USE - ⇩ detected → Check for potential bearish reversal - ⇧ detected → Check for potential bullish reversal - Combine with OB/FVG for better accuracy - HTF sweeps carry more weight than LTF ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 TIPS - Sweeps indicate smart money grabbing liquidity - Wait for confirmation before entering - Multiple sweeps at same level = stronger signal - Use with market structure for confluence ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ DISCLAIMER This indicator is for educational purposes only. Not financial advice. Always do your own research.
Pine Script® indicator
by Kim-Thank_You
EUR/USD: EUR USD 5 MIN SCALPING by Scalper Pro Systems// DISCLAIMER: // This script is for educational purposes only. It is not financial advice. // Past performance does not guarantee future results. // Use this tool at your own risk. EUR/USD: EUR USD 5 MIN SCALPING by Scalper Pro Systems Overview This is a plug-and-play scalping system designed specifically for the EUR/USD 5-Minute chart . Created by Scalper Pro Systems , it simplifies intraday trading by automatically generating Buy/Sell signals with precise Take Profit and Stop Loss levels. How It Works The strategy uses a "Safety First" approach to find stable entries: 1. Trend Filter (EMA 200): Ensures you only trade with the main trend (Buy only if price is above; Sell only if price is below). 2. Entry Trigger (EMA 9 & 21): Identifies short-term momentum shifts. 3. Noise Filter (RSI): Prevents entering trades when momentum is weak or exhausted. Main Features 🟢🔴 Clear Signals: Draws Green (Buy) and Red (Sell) boxes directly on the chart. 📉📈 Auto TP & SL: Instantly calculates your Stop Loss (based on recent swing lows/highs) and Take Profit (1.5x risk) and displays the exact price numbers. ⏱️ Live Tracking: The system tracks the trade for you and marks exactly when and where the Target or Stop Loss was hit. 📊 Dashboard: Shows Signal Time, Entry Price, TP, and SL in a clean information box. Best Settings Timeframe: 5 Minutes Asset: EUR/USD (Can also be used on Gold/XAUUSD or Indices) Session: Best used during London or New York sessions. Risk Warning Trading involves risk. This tool helps visualize a strategy but does not guarantee profits. Always manage your risk.
Pine Script® indicator
by billal-kashif
Session Liquidity Reversion Strategy (Asia Range False Breakout)Overview This strategy is based on a session-driven liquidity hypothesis rather than a simple indicator combination. During the Asian trading session, many markets enter a low-liquidity equilibrium, forming a relatively narrow price range. When higher-volume participants enter during the London and New York sessions, price often performs false expansions beyond this Asian range before reverting back toward fair value. This script systematically identifies and trades those failed session expansions. Core Concept The strategy operates in three distinct phases: Asia Session Range Formation The high and low of the Asian session are recorded. This range represents a temporary balance area formed under reduced participation. Range Locking Once the Asian session ends, the range is frozen. No repainting or forward-looking calculations are used. False Breakout Detection & Reversion During the London/New York session, price must break beyond the Asia range and fail to hold. A momentum filter (RSI) confirms rejection strength. Trades are entered only after price closes back inside the range, targeting reversion rather than continuation. This approach avoids chasing breakouts and instead focuses on liquidity traps and failed expansions. Risk Management & Assumptions Risk parameters are intentionally conservative and realistic: Position sizing uses percentage of equity Default risk per trade is approximately 2% Stop losses are ATR-based, adapting to volatility Risk-to-reward is fixed and configurable Realistic commission and slippage are included One trade per session is allowed to avoid over-exposure No martingale, grid, or averaging logic is used. Usage Notes Recommended timeframes: 5m – 30m Designed for: Forex, Indices, Crypto Performance will vary by instrument and session volatility All parameters are configurable for research and optimization This strategy is intended for educational and research purposes, demonstrating how session-based liquidity behavior can be tested systematically using Pine Script.
Pine Script® strategy
by JaxonJackFX
Institutional Structure [Clean Pro]Institutional Structure — Script Explanation This script is designed to map institutional market behavior using high-timeframe structure, not retail noise. It focuses on where smart money acts, not on frequent signals. 🔹 1. High-Timeframe Support & Resistance (HTF S/R) The script identifies major structural highs and lows using a higher lookback period. Purpose: Defines where institutions previously distributed or accumulated Acts as natural decision zones Filters out low-quality intraday levels Why it matters: Institutions trade from key HTF levels, not random support/resistance. 🔹 2. Equilibrium (50% Mean Price) The equilibrium line represents the fair price between HTF high and low. How it’s used: Below equilibrium → discount zone (buy interest) Above equilibrium → premium zone (sell interest) Professional insight: Smart money prefers buying discounts and selling premiums, not chasing price. 🔹 3. Market Structure Shift (MSS) Instead of frequent BOS labels, the script detects true directional shifts. Bullish MSS: Price closes above previous HTF high Bearish MSS: Price closes below previous HTF low Why MSS over BOS: MSS confirms control change Reduces false signals Aligns with institutional execution logic 🔹 4. Liquidity Sweep Detection (Wick-Based) The script identifies stop-hunt behavior using wick rejection logic. Buy-side liquidity: Wick above HTF high, but close back below Sell-side liquidity: Wick below HTF low, but close back above Meaning: Stops were triggered, but price failed to accept → smart money absorption 🔹 5. Fair Value Gap (FVG) – Refined Imbalance Fair Value Gaps highlight inefficient price movement. Bullish FVG: Price leaves an upside imbalance Bearish FVG: Price leaves a downside imbalance How pros use it: As reaction zones, not entry signals Best combined with liquidity + MSS 🔍 How Everything Works Together The script is context-based, not signal-based: 1️⃣ HTF structure defines the battlefield 2️⃣ Liquidity is taken (stop hunts) 3️⃣ MSS confirms direction 4️⃣ FVG offers precision 5️⃣ Equilibrium filters bias This creates high-probability trade environments, not overtrading. 📌 Best Practices (Professional Use) Timeframes: 1H / 4H / Daily Avoid lower TF noise Trade only after liquidity is taken Use FVG as confirmation, not trigger Respect equilibrium bias 🎯 Summary ✔ Clean institutional logic ✔ No clutter, no spam ✔ HTF-driven decisions ✔ Liquidity-first mindset ✔ Designed for BTC, Gold & FX 🧠 Trade where institutions trade — not where indicators flash.
Pine Script® indicator
by Mentor_Michael03
FVG & Order Block - Market StructureOverview A comprehensive Smart Money Concepts (SMC) indicator that combines Fair Value Gaps, Order Blocks, Market Structure analysis, and Key Levels into one powerful tool. Designed for traders who follow ICT (Inner Circle Trader) methodology and institutional trading concepts. 🔹 Features Fair Value Gaps (FVG) Automatically detects bullish and bearish imbalances in price Customizable mitigation logic: choose between "Close" (candle must close through the gap) or "Touch" (wick into the gap) FVGs extend forward and auto-remove when mitigated Separate colors for bullish (demand) and bearish (supply) gaps Order Blocks (OB) Identifies institutional order blocks based on significant price moves Detects the last opposing candle before a breakout move Customizable mitigation type (Close vs Touch) Adjustable lookback period for sensitivity control Market Structure (CHoCH & BOS) CHoCH (Change of Character): Detects trend reversals when price breaks structure against the current trend BOS (Break of Structure): Confirms trend continuation when price breaks structure in the direction of the trend Visual labels and dashed lines mark each structural break Adjustable swing length for different trading styles Key Levels PDH/PDL: Previous Day High/Low PWH/PWL: Previous Week High/Low PMH/PML: Previous Month High/Low Clean horizontal lines with labels that auto-update Liquidity Levels Identifies clusters of equal lows where stop losses likely accumulate Shows percentage distance from current price Helps anticipate liquidity grabs and stop hunts Info Dashboard Real-time display of current market structure (Bullish/Bearish/Neutral) Count of active FVGs and Order Blocks ⚙️ Customization Toggle each feature on/off independently Fully customizable colors for all elements Adjustable zone extension periods Choose mitigation type per zone (Close vs Touch) Swing length adjustment for market structure sensitivity 📈 How to Use Identify Trend: Check the dashboard for current market structure Find Entry Zones: Look for unfilled FVGs and untested Order Blocks in the direction of the trend Confirm with Structure: Wait for BOS to confirm trend continuation or CHoCH for reversals Use Key Levels: PDH/PDL/PWH/PWL act as support/resistance and liquidity targets Watch Liquidity: Equal lows often get swept before reversals 🎯 Best Used On Indices (NiftyFifty, BankNifty, S&P 500, Nasdaq) Forex pairs Crypto (BTC, ETH) Works on all timeframes (15m, 1H, 4H, Daily recommended) ⚠️ Disclaimer This indicator is a technical analysis tool and should not be considered financial advice. Always use proper risk management and combine with your own analysis. Past performance does not guarantee future results. 📝 Release Notes v1.0 Initial release FVG detection with customizable mitigation Order Block detection CHoCH & BOS market structure PDH/PDL, PWH/PWL, PMH/PML levels Liquidity level detection Info dashboard Tags: smartmoney smc ict fairvaluegap fvg orderblock marketstructure choch bos liquidity supplydemand priceaction
Pine Script® indicator
by Spoiltbrat
Cyberpunk Vortex IndicatorCyberpunk Vortex Indicator is a visually enhanced Vortex-based momentum indicator designed to clearly capture trend strength and directional dominance. This indicator calculates VI+ (bullish pressure) and VI− (bearish pressure) using the classic Vortex methodology, then renders them with a layered neon cyberpunk-style glow for maximum readability and impact. 🔹 Key Features ・Vortex Indicator (VI+ / VI−) with SMA smoothing ・Multi-layer laser-style glow (outer / inner / core lines) ・Clear visual distinction between bullish and bearish momentum ・Subtle background and fill effects for intuitive trend recognition ・Clean, modern design without clutter 🔹 How to Use ・VI+ above VI− → Bullish momentum dominates ・VI− above VI+ → Bearish momentum dominates ・The 1.0 baseline helps identify strengthening or weakening trends ・Best used as a trend confirmation tool, not a standalone signal 🔹 Recommended Timeframes Works well across multiple timeframes. Commonly effective on 15m, 1H, 4H, and higher. This indicator focuses on clarity, aesthetics, and momentum visualization, making it ideal for traders who value both performance and design. Cyberpunk Vortex Indicator は、トレンドの強さと方向性を直感的に把握するために設計された、視認性とデザイン性を重視したボルテックス系モメンタム指標です。 クラシックな Vortex Indicator（VI+ / VI−）をベースに、サイバーパンク調のネオン発光レイヤーで描画することで、買い圧力・売り圧力の優位性を一目で判断できます。 🔹 特徴 ・Vortex Indicator（VI+ / VI−）をSMAでスムージング ・外側・内側・芯の3層レーザー風グロー表現 ・上昇 / 下降モメンタムの視認性を大幅に向上 ・控えめな背景・塗りつぶしで相場の空気感を演出 ・ノイズの少ない、洗練されたデザイン 🔹 使い方 ・VI+ が VI− を上回る → 上昇トレンド優勢 ・VI− が VI+ を上回る → 下降トレンド優勢 ・1.0 の基準線でトレンドの勢いを確認 ・単体判断ではなく、トレンド確認用としての使用を推奨 🔹 推奨時間足 マルチタイムフレーム対応。 特に 15分足 / 1時間足 / 4時間足以上で安定。 本インジケーターは 「見やすさ」「美しさ」「モメンタムの可視化」を重視しており、 デザインと実用性の両立を求めるトレーダー向けです。
Pine Script® indicator
by ken5_5489
FOCUS all in one (N-TABLOUH)It took me hours and hours to build this indicator so it shows the important stuff we need to watch as traders! Here you see a price label with a countdown, how much the asset has retraced from its high or low, and the total session range. You also get 4h separators to show the move, keeping you aware of the 4/8 or 12h window. Plus, there is a table showing the assets you want to trade so we don't have to go flip charts and waste time
Pine Script® indicator
by amazighin
S/R Zones ### What it does **Smart S/R Zones** automatically detects and visualizes **support and resistance zones** by: * Finding **confirmed swing highs/lows** (pivot points) * **Clustering nearby pivots** into price zones * Scoring each zone by **how many pivots** it contains (zone “strength”) * Marking zones as **active** or **broken**, and stopping broken zones at the breakout bar * Keeping the chart clean by removing pivots and zones outside a configurable lookback window ### Core logic (how it works) 1. **Pivot detection (swing points)** * Uses `ta.pivothigh()` and `ta.pivotlow()` with: * `leftBars` bars to the left * `rightBars` bars to the right * Important: pivots are **confirmed only after `rightBars` bars**, so signals are delayed by design. 2. **Pivot memory + lookback cleanup** * Each pivot is stored with: * price * type: `1` = resistance pivot high, `-1` = support pivot low * pivot bar index (pivot’s original bar) * active/broken flag * breakout bar index (when it got broken) * Pivots older than `lookbackPeriod` bars are removed. 3. **Dynamic zone width** * Computes the recent range: * `priceRange = highest(high, lookbackPeriod) - lowest(low, lookbackPeriod)` * Converts it to a maximum zone width: * `maxZoneWidth = priceRange * zoneWidthPct / 100` * This makes zones adapt to volatility/regime changes. 4. **Breakout detection (pivot invalidation)** * A resistance pivot is marked broken when: * `close > pivotPrice * (1 + breakoutPct/100)` * A support pivot is marked broken when: * `close < pivotPrice * (1 - breakoutPct/100)` * Note: breakout is **close-based**, not intrabar wick-based. 5. **Clustering pivots into zones** * Pivots are grouped into zones **only with the same type** (support with support, resistance with resistance). * A pivot joins a zone if it is close to the zone midpoint: * `abs(price - zoneMid) <= maxZoneWidth/2` * Zone boundaries expand to include the new pivot, but only if: * `(newHigh - newLow) <= maxZoneWidth` * Zone strength increments by 1 for each pivot added. 6. **Active vs broken zones (visual state)** * Active zones extend to the **current bar**. * Broken zones stop at their **breakout bar** (the bar index stored when the pivot was broken). * Strength includes all pivots clustered, including pivots that later broke (as long as they are still in lookback). ### Visuals (what you see) * **Green zones**: active support * **Red zones**: active resistance * **More transparent zones**: broken zones (support/resistance that was invalidated by a close beyond the breakout threshold) * Optional labels: * `S2`, `S3`… for support strength * `R2`, `R3`… for resistance strength * The number is the **count of clustered pivots** in that zone. ### Inputs (how to tune it) * **Pivot Left Bars / Pivot Right Bars** * Higher values = fewer pivots, more “major” swings, stronger zones * Lower values = more pivots, more zones, more noise * **Lookback Period** * Limits how far back pivots are considered and keeps the chart uncluttered * **Zone Width %** * Controls how wide zones can get (as a % of recent range) * Higher = more clustering, fewer broader zones * Lower = tighter zones, more zones * **Minimum Zone Strength** * Filters weak zones. Example: set to 3 to show only zones formed by 3+ pivots * **Breakout Threshold %** * Defines how far price must close beyond a level to mark it broken * Higher = fewer “false break” breaks, slower invalidation * Lower = more responsive, more break markings * **Show Strength Labels** * Toggles S/R strength markers. ### How to use it in trading workflows * **Zone reaction**: Watch for rejection/acceptance when price revisits a strong zone (`S3+`, `R3+`). * **Breakout context**: A zone turning “broken” indicates price closed meaningfully beyond it (by threshold). * **Confluence**: Use with your own context (trend, volatility, session structure, volume tools). This script is strictly price-structure based.
Pine Script® indicator
by barshaulian
New York | Asia | London - Session Range + ORB - [EntryLab]Session Ranges & 15min ORB – Asia, London, New YorkShort Title This indicator plots the high and low of the three major trading sessions (Asia, London, New York) as well as the Opening Range Breakout (ORB) levels based on the first 15 minutes of each session. Features: Full session high/low ranges for Asia (00:00–09:00 UTC), London (07:00–16:00 UTC), and New York (~13:30–20:00 UTC). Times are approximate UTC and may need adjustment depending on broker timezone or DST. ORB: high and low calculated from the first 15-minute period (or equivalent bars) at the start of each session. Customizable: toggle sessions on/off, change ORB duration, line styles, colors. How to use: Traders often monitor price action around prior session highs and lows to identify potential liquidity grabs or sweeps. The ORB provides additional confluence for gauging the session's potential directional bias or breakout levels.For example:A sweep of a prior session high/low can signal liquidity being taken. Price breaking above/below the session's ORB high/low may indicate momentum in that direction for the current session. This script combines multi-session range visualization with per-session ORB levels in one tool, which can help assess where liquidity pools may exist and where price could be drawn to fill or sweep certain areas.Best used on lower timeframes (e.g., 1m–15m) for intraday analysis. Session times are fixed (no automatic DST handling); users can modify them in the code if needed.Not financial advice. Trading involves significant risk of loss. Use at your own discretion and always test thoroughly.
Pine Script® indicator
by ENTRYLAB
Cumulative Volume Delta[MIT]Cumulative Volume Delta Depth This indicator provides a simplified approximation of Cumulative Volume Delta based on candlestick structure, helping to estimate short-term aggressive buying vs. selling pressure. Core Calculation Logic: Delta ≈ Volume × (Close - Open) / (High - Low) - Positive Delta when the candle has a strong bullish body (more aggressive buying) - Negative Delta when the candle has a strong bearish body (more aggressive selling) - Near zero when the body is very small (indecision / balanced pressure) Key Features: - Column chart shows cumulative Delta (resets on new day by default) - Orange line = smoothed Delta (default 5-period SMA) - Teal tint for positive values, maroon tint for negative values - Zero line for easy visual reference of net buying/selling shifts Use Cases: - Identify short-term buying/selling dominance - Spot divergences (e.g. price makes new high but Delta fails to confirm → potential exhaustion) - Works best on high-volume instruments (futures, crypto, liquid stocks) Limitations: - This is an approximation based on OHLC structure, NOT real tick-by-tick order flow - Long shadows, small bodies, gaps, or low-volume bars may distort the result - Best used in combination with other volume/price tools (VWAP, OBV, volume spikes, etc.) Parameters: - Cumulative Period: Controls lookback/reset logic (default 200 bars) - Smoothing Period: Length of Delta moving average (default 5) - Show MA: Toggle orange smoothed line on/off 这是一个基于K线形态粗估的累计成交量Delta指标，用于近似判断短期内主动买方与主动卖方的力量对比。 核心计算逻辑： Delta ≈ Volume × (Close - Open) / (High - Low) - 当阳线实体较长时，Delta为正值（偏向买方主动） - 当阴线实体较长时，Delta为负值（偏向卖方主动） - 小实体或十字星时Delta接近0 指标特点： - 柱状图显示累计Delta（可每日重置） - 橙色线为Delta的平滑均线（默认5周期，可调） - 正值区域用青色系着色，负值区域用酒红色系着色 - 零轴辅助线，便于观察多空转折 适用场景： - 辅助判断日内/短线多空力量变化 - 结合价格走势观察是否有背离（价格创新高但Delta不创新高，可能见顶） - 适合期货、加密货币、活跃股票等成交量较大的品种 局限性： - 这只是基于K线结构的近似估算，并非真实逐笔方向分类 - 对长影线、小实体K线或跳空行情可能失真 - 建议结合其他量价指标（如VWAP、OBV、成交量放大）一起使用 参数说明： - 累计周期：控制Delta是否每日/每周重置（默认200根，建议设大值保持连续性） - 平滑周期：Delta平滑均线的长度（默认5） - 显示均线：是否显示橙色平滑线
Pine Script® indicator
by MITAlphaLibrary
OTT + Supertrend - cift Teyit v3OTT + Supertrend Strategy - Brief Explanation This is a technical analysis strategy combining two popular trend-following indicators: OTT (Optimized Trend Tracker): Uses VAR moving average and ATR (Average True Range) Tracks price movements in an optimized way Determines trend direction and strength Supertrend: ATR-based indicator Creates dynamic support/resistance levels above or below price Green line indicates uptrend, red line indicates downtrend Combined Usage: Provides strong trend confirmation when both indicators signal the same direction OTT green + Supertrend green = Buy signal OTT red + Supertrend red = Sell signal Reduces false signals and confirms trend strength Advantages: Double confirmation system, more reliable entry-exit points, early warning on trend changes Caution: May generate false signals in sideways markets, should be supported with additional indicators.
Pine Script® indicator
by hisse_bul
1
EMA Based TMA Bands [NeuraAlgo]EMA Based TMA Bands Overview EMA Based TMA Bands is a volatility-adaptive trend and reversal indicator that combines a Triangular Moving Average (TMA) with EMA-weighted smoothing and dynamic deviation bands. It is designed to identify trend direction, overextended price conditions, and potential reversal points with high visual clarity. The indicator plots a central TMA line along with three upper and three lower volatility bands, automatically adapting to market conditions. Core Concepts 1. Triangular Moving Average (TMA) The TMA is calculated using triangular weighting, giving more importance to central bars. This creates a smoother and more stable average compared to SMA or EMA. The TMA acts as the main equilibrium price level. 2. EMA-Weighted Enhancement An additional EMA-style weighting is applied using a custom coefficient. This allows fine-tuning between smoothness and responsiveness. Lower coefficient = smoother behavior Higher coefficient = faster reaction to price changes Volatility Bands The bands are calculated using a weighted variance model: Positive and negative deviations are tracked separately. This allows asymmetric volatility response in bullish and bearish conditions. Band Structure Inner Band – Primary deviation Middle Band – 1.15× deviation ● Outer Band – 1.30× deviation These bands help identify: ● Overbought and oversold zones ● Volatility expansion and contraction ● Mean reversion opportunities Trend Detection Trend direction is determined by the slope of the TMA, normalized by ATR. ● Bullish Trend: TMA slope rising beyond threshold ● Bearish Trend: TMA slope falling beyond threshold ● Flat Market: No significant slope The TMA line automatically changes color based on trend state. Trading Signals Buy Signal A buy signal is triggered when: ● Price previously closes below the lower band ● A bullish candle forms on the current bar ● Suggests rejection of lower volatility zone Sell Signal A sell signal is triggered when: ● Price previously closes above the upper band ● A bearish candle forms on the current bar ● Suggests rejection of upper volatility zone Signals are displayed as small triangle markers on the chart. Inputs Main Settings ● TMA Period: Length of the triangular moving average ● EMA Period: Length of EMA-weighted smoothing ● EMA Coefficient: Controls EMA influence ● Band Deviation: Controls band width ● Price Source: Input price (default: HLC3) ● Trend Threshold: Sensitivity of trend detection Art Settings ● Bullish Color: Color used for bullish bands and signals ● Bearish Color: Color used for bearish bands and signals Best Use Cases ● Trend continuation trading ● Mean reversion strategies ● Volatility expansion setups ● Support and resistance visualization Notes ● Best used on intraday to swing timeframes ● Works well with price action confirmation ● Not a repainting indicator, but smoothing introduces natural lag Developed by NeuraAlgo
Pine Script® indicator
by NeuraAlgo
Balance Zone ProjectorOVERVIEW Projects balance zones above and below up to 3 anchor zones. Each zone represents a 2x, 4x, 8x... multiple of the original anchor height, helping you identify key price levels for entries, exits, and targets. HOW TO USE 1. Add the indicator to your chart 2. Click to set Anchor 1 High (top of your zone) 3. Click to set Anchor 1 Low (bottom of your zone) 4. Zones automatically project above and below MULTIPLE ANCHORS Enable Anchor 2 and Anchor 3 in settings to track multiple zones at different time periods. Each anchor has its own: - High/Low prices - Bars Back (where to start drawing) - Bars Forward (zone width) ZONE GROUPS Zones are colored by group for easy identification: - Group 1: Zones 1-2 (nearest to anchor) - Group 2: Zones 3-6 - Group 3: Zones 7-14 - Group 4: Zones 15-30 CUSTOMIZATION - Enable/disable up or down projections - Adjust colors and transparency per zone group - Show/hide zone labels and midlines - Customize label text templates SETTINGS All anchors share the same visual settings (colors, labels, midlines) for consistency. Individual anchor timing is controlled per-anchor. Based on the Balance Zone Engine concept for Sierra Chart.
Pine Script® indicator
by ianhay78
Gold Sniper (Liquidity Sweep)Concept : Stop Hunting the "Smart Money" Way Most traders lose money because they enter exactly where "Smart Money" is looking to trigger Stop Losses. We have all been there: You buy at support, the price dips just below your stop loss, takes you out, and then rockets up without you. Gold Sniper is designed to capitalize on this exact behavior . Instead of buying the support, this script waits for the Liquidity Sweep (the "Stop Hunt"). It identifies when price breaks a key structure level to trap sellers, and signals an entry only when the price reclaims that level with momentum. How It Works (The Logic) This indicator looks for a specific "Perfect Storm" setup using a 4-step confirmation process: Identifies Support (Yellow Dots): It tracks local pivot lows (default 10 bars) to visualize the "Floor" where retail traders likely have their stop losses. Detects the Sweep: It waits for price to drop below these yellow dots. This is the "Trap" phase where liquidity is grabbed. Confirms the Reclaim: It does NOT catch the falling knife. It waits for a candle to close back ABOVE the broken support level. Momentum Check (RSI): It ensures internal strength (RSI) is rising compared to the previous low, confirming that the drop was a trap, not a genuine crash. Visual Features Yellow Dots: Dynamic Support Levels / Pivot Lows. "SWEEP BUY" Label: Signals exactly when the trap is complete and the reclaim has occurred. Red Line (Hard Stop): Automatically draws a Stop Loss level at the lowest point of the sweep candle. How to Use This Strategy Wait for the Setup: Do not trade if price is just drifting. Wait for price to challenge and break the Yellow Dots. The Trigger: Enter immediately on the Close of the candle with the "SWEEP BUY" label. Stop Loss: Place your Hard Stop at the Red Line provided by the indicator. Rule: If price touches the Red Line, the setup has failed (it was a real crash, not a sweep). Exit immediately. Best Timeframes: Optimized for 1-Minute and 5-Minute scalping on Gold (XAUUSD) and Futures, but works on all liquid assets. Settings Pivot Lookback: How many bars back to check for the support floor (Default: 10). RSI Length: Sensitivity of the momentum filter (Default: 14). Disclaimer : This tool is for educational purposes and market analysis only. It identifies high-probability "Liquidity Sweep" setups but does not guarantee future results. Always manage your risk.
Pine Script® indicator
by chyg8823