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SHDW AlphaDesk|ProShort summary Institutional multi-timeframe trend map that shows a clean Bull / Bear regime for 5m → 1M at a glance, using price structure, trend filters and momentum. --- Concept SHDW AlphaDesk|Pro is a desk-style trend regime dashboard. The goal is simple: when you open a chart, you instantly know if the asset is trading in a bullish or bearish environment on each major timeframe. The script does not try to be a signal generator or an automated strategy. Instead, it focuses on three pillars: * Price behaviour: swing structure and directional context. * Trend filters: dynamic moving averages and a trend-strength filter. * Momentum: classic RSI and optional RSI price levels on the chart. All of this is condensed into a compact table that shows, for every timeframe from 5m to 1M: * `Trend` → Bull or Bear regime * `RSI` → 14-period RSI value The output is always binary (Bull or Bear) to keep the message clear and help avoid hesitation or “neutral” noise. --- Profiles The engine is pre-calibrated with three institutional profiles: * Scalping/Intraday (Crypto): more reactive, tuned for intraday flow, faster regime changes. * Swing/Conservative (Crypto): smoother behaviour, designed for position and swing trading. * Institutional (Stocks): slower and more conservative, anchored to higher-timeframe trend for equity and index flows. All key parameters behind the scenes are handled automatically by the selected profile, so you can switch behaviour without tweaking numbers manually. --- What the script shows On every bar: * A multi-timeframe dashboard on the right side with TF / Trend / RSI. * Optional EMA/SMA overlays on the price chart for visual alignment with the regime. * Optional RSI Levels mapped into price, giving approximate areas where RSI would reach common overbought/oversold zones. There is no trade entry, exit or risk sizing logic. The script is a trend-reading and context tool , not a full trading system. --- How to use (institutional view) A practical way to use SHDW AlphaDesk|Pro is: 1. Start from the top-down. * Check 1M → 1W → 1D to establish the dominant regime (Bull or Bear). * Only then look at intraday timeframes (12h, 4h, 1h, 15m, 5m). 2. Trade in the direction of the regime. * Prefer long setups when the higher-timeframe column is Bull. * Prefer short setups when the higher-timeframe column is Bear. 3. Use pivots and RSI. * The snapshot explains how a pivot on a lower timeframe can confirm or anticipate structure on the next higher timeframe (for example, a bullish pivot on 5m confirming a higher low on 15m, etc.). * Oversold (RSI ≤ 30) on a lower TF often warns that a higher low may be forming one step above. * Overbought (RSI ≥ 70) on a lower TF often warns that a lower high may be forming one step above. 4. Watch for trend breaks. * When a significant low is lost (or a strong bearish pivot appears) on a timeframe, zoom out to the next one and re-evaluate the regime there. * On very high timeframes, a clean break of a major structural low is treated as a bear-market context. 5. Combine with your own execution. * Use the dashboard to align direction and timing, then apply your own entry models, risk management and trade management rules. --- Important notes * This tool is intended for educational and informational purposes only and should be combined with independent analysis and risk management.
Pine Script® indicator
by shdwxbt_
Premium CCT Multi-Timeframe Candle Continuation Theory IndicatorPremium CCT is a multi-timeframe technical analysis indicator implementing a proprietary three-condition sequential confirmation system for identifying structural continuation setups. Unlike standard multi-timeframe approaches that simply display HTF indicators on LTF charts or use basic moving average crossovers, this indicator employs a systematic state-machine architecture with specific entry, validation, and invalidation rules designed to filter low-probability setups. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 TECHNICAL METHODOLOGY ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔹 PHASE 1: HTF STRUCTURAL BREAK DETECTION The indicator implements a specific candle-close comparison algorithm on the higher timeframe (HTF) that differs from standard breakout detection methods: DETECTION LOGIC: • Bullish Setup: HTF_Close > HTF_High (Current closed HTF candle's close price exceeds the previous HTF candle's high) • Bearish Setup: HTF_Close < HTF_Low (Current closed HTF candle's close price falls below the previous HTF candle's low) This is NOT a simple "price broke above high" detection. The requirement for the CLOSE to be above the previous HIGH (rather than just the high being above the previous high) ensures the structural break is confirmed at candle close, filtering wick-only breakouts that often fail. POINT OF INTEREST (POI) ESTABLISHMENT: When a setup is detected, the POI is set at: • Bullish: POI = HTF_High (the previous candle's high that was broken) • Bearish: POI = HTF_Low (the previous candle's low that was broken) This POI represents a key structural level where the market previously struggled to move beyond. The hypothesis is that this level will act as support (bullish) or resistance (bearish) during retracement. INVALIDATION ALGORITHM: The setup remains valid until: • Bullish: HTF_Close < Setup_Candle_Low (current HTF candle closes below the low of the candle that created the setup) • Bearish: HTF_Close > Setup_Candle_High (current HTF candle closes above the high of the candle that created the setup) This invalidation logic differs from simple "stop loss at low" approaches because it requires a full candle close beyond the extreme, not just a wick, preventing premature invalidation from intrabar volatility. 🔹 PHASE 2: LTF THREE-CONDITION SEQUENTIAL SYSTEM Once a valid POI is established, the indicator enters a state-machine that tracks three specific conditions on the lower timeframe (LTF). Each condition must be satisfied sequentially, and certain conditions can be invalidated if specific price action occurs. CONDITION 1 - RETRACEMENT THROUGH POI: ENTRY CRITERIA: • Bullish: LTF_Close < POI (candle closes below the POI level) • Bearish: LTF_Close > POI (candle closes above the POI level) TRACKING MECHANISM: Upon Condition 1 satisfaction, the indicator begins tracking two separate extreme values: 1. Momentum Extreme (for Condition 3): • Bullish: Track the candle with the LOWEST CLOSE during retracement - If new lower close found: Update Momentum_Extreme_Close and store this candle's HIGH • Bearish: Track the candle with the HIGHEST CLOSE during retracement - If new higher close found: Update Momentum_Extreme_Close and store this candle's LOW 2. Stop Loss Extreme (for risk management): • Bullish: Track the absolute LOWEST LOW reached during retracement - Update continuously if LTF_Low < Current_SL_Extreme • Bearish: Track the absolute HIGHEST HIGH reached during retracement - Update continuously if LTF_High > Current_SL_Extreme WHY THIS MATTERS: This dual-tracking system is a key differentiator from standard indicators. Most indicators either: (a) Only track absolute extremes, which don't help identify momentum shifts (b) Use fixed ATR-based stops, which don't adapt to actual retracement depth (c) Use a single reference point for both momentum and risk By tracking BOTH the candle with the most extreme close (momentum) AND the absolute extreme price (risk), the indicator can identify precise momentum shift points while maintaining appropriate stop placement. MATHEMATICAL REPRESENTATION: If Condition_1 == False: If (Bullish AND LTF_Close < POI) OR (Bearish AND LTF_Close > POI): Condition_1 = True Momentum_Close_Extreme = LTF_Close Momentum_HighLow_Reference = (Bullish ? LTF_High : LTF_Low) SL_Extreme = (Bullish ? LTF_Low : LTF_High) If Condition_1 == True: If Bullish: If LTF_Close < Momentum_Close_Extreme: Momentum_Close_Extreme = LTF_Close Momentum_HighLow_Reference = LTF_High If LTF_Low < SL_Extreme: SL_Extreme = LTF_Low If Bearish: If LTF_Close > Momentum_Close_Extreme: Momentum_Close_Extreme = LTF_Close Momentum_HighLow_Reference = LTF_Low If LTF_High > SL_Extreme: SL_Extreme = LTF_High CONDITION 2 - POI RECLAIM WITH DYNAMIC INVALIDATION: ENTRY CRITERIA: • Bullish: LTF_Close > POI (candle closes back above the POI level) • Bearish: LTF_Close < POI (candle closes back below the POI level) CRITICAL DIFFERENCE FROM STANDARD APPROACHES: This condition implements real-time validation logic. If Condition 2 is satisfied but price subsequently closes back through the POI before all conditions are met, Condition 2 is INVALIDATED and must be re-satisfied. VALIDATION STATE MACHINE: If Condition_1 == True AND Condition_2 == False: If (Bullish AND LTF_Close > POI) OR (Bearish AND LTF_Close < POI): Condition_2 = True If Condition_2 == True: If (Bullish AND LTF_Close < POI) OR (Bearish AND LTF_Close > POI): Condition_2 = False // Invalidated - must reclaim again WHY THIS IS UNIQUE: Most indicators treat support/resistance reclaims as binary events - once price crosses back, the condition stays "true." This creates false signals when price oscillates around the level. The dynamic invalidation ensures that the POI must be HELD, not just briefly touched, filtering out weak reclaims. CONDITION 3 - MOMENTUM SHIFT CONFIRMATION: ENTRY CRITERIA: • Bullish: LTF_Close > Momentum_HighLow_Reference (Current candle closes above the HIGH of the candle with the lowest close during retracement) • Bearish: LTF_Close < Momentum_HighLow_Reference (Current candle closes below the LOW of the candle with the highest close during retracement) TECHNICAL RATIONALE: This condition confirms that momentum has definitively shifted in the intended direction. By requiring price to break the high/low of the MOST EXTREME CLOSE candle (not just any candle, not just the extreme low/high), the indicator ensures: 1. Price has moved beyond the point of maximum bearish/bullish pressure during retracement 2. The momentum shift is decisive, not just a small bounce 3. The setup shows real follow-through, not just sideways consolidation COMPARISON TO ALTERNATIVES: • Simple "close above previous high": Too many false signals during consolidation • ATR-based breakout: Doesn't account for actual market structure • Fixed pip movement: Not adaptive to volatility • Break of retracement low: Triggers too late and misses optimal entry • Our approach: Break of the high/low of the CANDLE that showed the most extreme close, providing early but confirmed entry SIGNAL GENERATION: Entry signal triggers ONLY when: Condition_1 == True AND Condition_2 == True AND Condition_3 == True AND Entry_Signal_Not_Yet_Shown All three conditions must be simultaneously true. Once a signal is generated, the tracking system resets only when a new HTF setup is detected or the current setup is invalidated. 🔹 PHASE 3: HTF TREND FILTER IMPLEMENTATION An optional moving average filter adds a fourth layer of confirmation by ensuring directional alignment with the broader trend. TREND DETERMINATION LOGIC: HTF_MA = MA(HTF_Close, Period, Method) Trend_Bullish = (HTF_Close > HTF_MA) Trend_Bearish = (HTF_Close < HTF_MA) SIGNAL FILTERING: If Trend_Filter_Enabled: If Entry_Signal == True: If (Setup_Bullish AND NOT Trend_Bullish) OR (Setup_Bearish AND NOT Trend_Bearish): Entry_Signal = False // Block counter-trend signals WHY THIS IS NECESSARY: While the three-condition system identifies structural continuation setups, the trend filter prevents taking continuation trades in the opposite direction of the dominant trend. This is particularly important because continuation patterns can form in both trending and counter-trending moves, but success rates differ significantly. CUSTOMIZATION LOGIC: • Period: Adjustable 1-500 (default 20) • Method: SMA (arithmetic mean), EMA (exponential smoothing), SMMA (smoothed MA), LWMA (linear weighted) • Applied Price: Close/Open/High/Low/Median/Typical/Weighted The default 20-period SMA provides a balance between responsiveness and noise filtering on the HTF, effectively identifying intermediate trends without being overly sensitive to short-term fluctuations. 🔹 DYNAMIC REFERENCE LEVEL CALCULATION TAKE PROFIT REFERENCE: Unlike static targets (ATR multiples, fixed pips, percentage), the indicator dynamically tracks: • Bullish: Highest HIGH reached after setup formation but BEFORE entry confirmation • Bearish: Lowest LOW reached after setup formation but BEFORE entry confirmation TRACKING ALGORITHM: On_New_HTF_Setup: TP_Reference = (Bullish ? Setup_Candle_High : Setup_Candle_Low) While Conditions_Not_All_Met: If Bullish AND LTF_High > TP_Reference: TP_Reference = LTF_High If Bearish AND LTF_Low < TP_Reference: TP_Reference = LTF_Low On_Entry_Signal: Final_TP_Reference = TP_Reference // Lock in the value WHY THIS APPROACH: This creates realistic profit targets based on actual market movement, not theoretical calculations. The TP represents a price level the market has ALREADY REACHED and therefore has demonstrated it CAN reach again. This is fundamentally different from: • ATR-based targets: Theoretical, may not align with structure • Fixed R:R targets: Arbitrary, ignores market behavior • Previous swing high/low: Static, doesn't account for current volatility STOP LOSS REFERENCE: The SL reference is the absolute extreme reached during the retracement phase (tracked in Condition 1). This ensures: • Stop is beyond actual retracement depth (not arbitrary) • Stop accounts for the volatility of this specific setup • Stop placement adapts to market conditions automatically ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎯 JUSTIFICATION FOR CLOSED-SOURCE & PAID ACCESS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ While this indicator uses fundamental building blocks available in technical analysis (price comparisons, moving averages, high/low tracking), the value and originality lie in the SPECIFIC IMPLEMENTATION: 1️⃣ PROPRIETARY STATE MACHINE ARCHITECTURE The exact sequence of conditions, their interaction logic, and the specific invalidation rules constitute a proprietary trading methodology. The state machine ensures conditions are tracked, validated, and invalidated according to precise rules that took extensive development and testing to optimize. The specific choice of: • CLOSE vs HIGH for HTF breakout detection • Tracking the candle with extreme CLOSE vs absolute extreme for momentum • Dynamic Condition 2 invalidation logic • The specific relationship between all three conditions ...represents a unique systematic approach not found in standard indicators. 2️⃣ DUAL-TRACKING MECHANISM The simultaneous tracking of two different extremes during retracement (momentum extreme and SL extreme) with their specific update conditions is a non-obvious implementation that required systematic development. Standard indicators typically track only one reference point. 3️⃣ PRECISE TIMING AND INTERACTION LOGIC The exact timing of when each condition is checked, how they interact, when they reset, and the specific price action that triggers state changes represents implementation details that distinguish this from generic approaches. For example: • Checking conditions on bar close (not intrabar) • Specific invalidation rules for Condition 2 • Continue tracking extremes even after Condition 1 is met • Lock TP reference only at entry, not at setup 4️⃣ INTEGRATED MULTI-COMPONENT SYSTEM While each component (HTF analysis, LTF conditions, trend filter) uses standard concepts, the specific way they integrate - including which HTF signals are acted upon, how LTF conditions sequence, when the trend filter applies, how reference levels are calculated - represents a cohesive methodology developed through systematic testing. 5️⃣ OPTIMIZATION AND PARAMETER SELECTION The specific default parameters (timeframe relationships, condition thresholds, MA periods) were determined through extensive testing and represent proprietary optimization decisions. COMPARISON TO FREE ALTERNATIVES: Free indicators typically offer: • Simple multi-timeframe displays (showing HTF indicators on LTF chart) • Basic breakout detection (price crosses level) • Single-condition entry systems • Static stops and targets • No systematic state tracking This indicator differs by providing: • Systematic three-condition sequential confirmation • Dynamic state validation with invalidation logic • Adaptive reference levels based on actual price behavior • Integrated trend filtering • Dual-tracking system for momentum and risk • Complete automation of the methodology The closed-source protection preserves the specific implementation logic, exact condition relationships, timing mechanisms, and proprietary parameter selections that distinguish this systematic approach from free building blocks. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ✨ FEATURES ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📐 MULTI-TIMEFRAME COORDINATION • Three preset combinations: Daily/15M, 4H/5M, 1H/1M • Automatic HTF/LTF synchronization with request.security() implementation • Chart timeframe validation preventing incompatible setups • Real-time HTF bar tracking to detect new setups immediately 🎨 VISUAL INDICATORS • Dynamic POI horizontal lines with directional color coding • Automatic SL/TP reference levels displayed after Condition 1 • Real-time condition status in info panel (checkmark system) • Customizable colors, line styles (solid/dashed/dotted), and widths (1-5px) • Label annotations showing exact price levels 📊 INFORMATION PANEL • Current HTF/LTF configuration display • HTF trend direction with MA value • Active setup type (Bullish/Bearish/None) • Three-condition status with real-time updates • Trend alignment indicator (when filter enabled) • Position: 4 corners (top-left, top-right, bottom-left, bottom-right) • Size: Small/Normal/Large • Theme: Light (light background charts) / Dark (dark background charts) 🎯 ENTRY SIGNALS • Display modes: Arrows only, Background color only, or Both • Arrow placement: Above low (bullish) / Below high (bearish) • Background: 90% transparent fill on signal bar • Customizable colors for long (default green) and short (default red) • Signals trigger only when ALL conditions + trend filter pass 🔔 ALERT SYSTEM • HTF Setup Formation: Notifies when new POI established • Entry Signal: Full trade details (direction, entry, TP, SL) • POI Invalidation: Warns when setup is invalidated • Custom message format compatible with webhook automation • alert() function calls for flexible notification routing • Frequency: Once per bar (prevents spam) ⚙️ CUSTOMIZATION • Trend Filter: Enable/disable, period (1-500), method (SMA/EMA/SMMA/LWMA), applied price • Visual Settings: All element colors, line styles, widths • Alert Toggles: Individual on/off for each alert type • Info Panel: Position, size, theme independently configurable ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📖 USAGE INSTRUCTIONS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 1️⃣ CHART TIMEFRAME REQUIREMENT Your chart timeframe MUST be equal to or lower than the selected LTF: • Daily/15M preset: Chart must be 15-minute or lower (15M, 5M, 1M) • 4H/5M preset: Chart must be 5-minute or lower (5M, 1M) • 1H/1M preset: Chart must be 1-minute The indicator displays a warning label if your chart is incompatible. This requirement exists because the indicator needs to process individual LTF bars in real-time to track conditions accurately. 2️⃣ INTERPRETING SIGNALS Entry signals appear when the complete sequence is satisfied: • POI line shows the key structural level (blue for bullish, orange for bearish) • SL reference line appears after Condition 1 (red line at retracement extreme) • TP reference line tracks highest/lowest point before entry (green line) • Info panel shows real-time condition status (✓ when met, ✗ when not) • Entry arrow/background appears when all conditions + trend filter pass The setup remains active until either: (a) Entry signal is generated (b) HTF setup is invalidated (c) New HTF setup is detected 3️⃣ TREND FILTER OPTIMIZATION Enable in clearly trending markets: • Strong uptrends: Enable filter, allows only bullish setups • Strong downtrends: Enable filter, allows only bearish setups • Ranging markets: Consider disabling to allow both directions • Choppy conditions: Enable filter with longer MA period (50-100) MA Period Selection: • 20: Default, balances responsiveness and stability • 50: Intermediate trends, less false signals • 100/200: Major trends only, very selective MA Method Selection: • SMA: Smooth, equal weight to all periods • EMA: More weight to recent prices, faster response • SMMA: Double-smoothed, very stable • LWMA: Linear weighting, moderate responsiveness 4️⃣ ALERT CONFIGURATION To receive entry signal notifications: 1. Right-click the indicator name on your chart 2. Select "Add Alert on Premium CCT..." 3. In alert dialog, choose "Any alert() function call" 4. Configure notification preferences (app/email/webhook) 5. Set "Once Per Bar Close" to avoid repeated alerts Alert message format includes: • Direction (BUY/SELL) • Symbol • Entry price (current close when signal triggered) • TP level (dynamic reference) • SL level (retracement extreme) 5️⃣ RISK MANAGEMENT CONSIDERATIONS The indicator provides REFERENCE levels, not trade management: • SL Reference: Shows the retracement extreme - consider adding buffer • TP Reference: Shows price level already reached - may not be hit again • Position Sizing: Calculate based on your account size and risk tolerance • Actual SL: Should account for spread, slippage, and broker conditions • Actual TP: May want to take partial profits before reference level These reference levels represent structural points identified by the indicator's logic, but actual trade management should incorporate: • Your personal risk parameters • Current market volatility • Spread and commission costs • Your trading plan rules ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 BEST PRACTICES ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ BACKTESTING: Before live trading, review historical signals on your instruments to understand: • Signal frequency on different timeframe combinations • Typical stop-loss distances • How setups behave in different market conditions • Average time from setup to entry signal MARKET SELECTION: This methodology works best in markets with: • Clear directional trends on HTF (for trend filter effectiveness) • Sufficient liquidity (reduces slippage on entries) • Normal volatility (extreme conditions may cause unusual behavior) • Avoid during major news events initially until familiar with behavior TIMEFRAME CONSIDERATIONS: • Lower timeframe combinations (1H/1M): More signals, faster moves, require more monitoring • Higher timeframe combinations (Daily/15M): Fewer signals, larger moves, less intensive • Match timeframe selection to your trading availability and style INTEGRATION WITH YOUR ANALYSIS: While this indicator provides a systematic approach, consider: • Overall market context (trending, ranging, consolidating) • Key support/resistance levels from higher timeframes • Economic calendar events that may cause volatility • Your own chart patterns and technical analysis • Confluence with other methodologies you use ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ DISCLAIMERS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ This indicator is a technical analysis tool that implements a specific systematic methodology. It does NOT constitute financial advice, investment recommendations, or trading signals that should be followed blindly. RISK ACKNOWLEDGMENT: • Trading involves substantial risk of loss • You can lose your entire investment • Past indicator signals do not predict future results • No methodology works in all market conditions • Market conditions change and render historical performance irrelevant • Backtested results do not account for real-world factors (slippage, spread, execution, psychological factors) USER RESPONSIBILITY: • You are solely responsible for all trading decisions • You should never trade with money you cannot afford to lose • You should thoroughly understand this methodology before using it • You should test on demo accounts before live trading • You should maintain appropriate position sizing and risk management • You should seek advice from qualified professionals regarding your situation METHODOLOGY LIMITATIONS: • This system tracks specific price relationships and conditions • It cannot predict market behavior with certainty • It may generate false signals during certain conditions • It requires proper interpretation within market context • Signal frequency varies significantly across markets and timeframes • Performance varies across different market regimes (trending vs ranging) • The three-condition system filters many setups, which reduces signal frequency NO PERFORMANCE CLAIMS: • No claims are made about win rates or profitability • Historical signals shown are not representative of future performance • Results vary dramatically based on execution, market selection, and risk management • What works on one instrument may not work on another • Different timeframe combinations produce different results TECHNICAL LIMITATIONS: • Requires specific chart timeframe compatibility • Depends on clean price data from broker • May behave differently with different data providers • LTF conditions depend on precise bar-by-bar tracking • Internet connectivity issues may cause missed signals ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📚 VERSION HISTORY ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Version 1.0 - Initial Release • HTF structural break detection with close-vs-high/low logic • Three-condition LTF sequential tracking system with state machine • Dual extreme tracking (momentum reference and SL reference) • Dynamic Condition 2 validation with real-time invalidation • Adaptive TP/SL reference levels based on actual price movement • Visual POI lines with automatic updates • Comprehensive information panel with real-time status • Customizable entry signal display (arrows/background/both) • Complete alert system with structured messages • HTF trend filter with MA (customizable period, method, applied price) • Multiple timeframe presets (Daily/15M, 4H/5M, 1H/1M) • Light and Dark theme support for different chart backgrounds • Extensive visual customization options ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ The information and publications provided by this indicator are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. This indicator implements a specific technical analysis methodology. Users must understand the underlying logic, test thoroughly, and integrate it appropriately within their own trading approach and risk management framework.
Pine Script® indicator
by TheDTCEduOfficial
9
EMA Slope - RSI Indicator# EMA Slope - RSI Indicator ## Script Description (for Publishing Page) **EMA Slope - RSI Indicator** combines normalized EMA slope momentum analysis with RSI divergence detection and momentum comparison to create a visual signal indicator with five distinct signal types. The indicator's originality lies in its unique "No Trade Zone" (NTZ) concept applied to slope momentum, combined with centered RSI format for direct comparison, and multiple complementary signal methods that work together to identify both trend-following and reversal opportunities across different market conditions. **Core Concept - EMA Slope Normalization:** Calculates rate of change of long MA (default 160 EMA) by comparing current value to N bars ago (default 3 bars). Raw slope difference normalized to -100 to +100 scale using 500-bar rolling range: normalizedSlope = 100 * (longMA - longMA ) / (highest(maDF, 500) - lowest(maDF, 500)). Creates consistent momentum oscillator comparable across price levels and timeframes. **No Trade Zone (NTZ) Logic:** NTZ (±8 default) creates neutral zone where slope momentum is too weak for reliable signals. Indicator only triggers NTZ Cross signals when slope crosses out of threshold zone, ensuring signals occur only when momentum is sufficiently strong. **Centered RSI Format (RSI-50):** Traditional RSI (0-100 range) difficult to compare with slope. This indicator uses centered RSI = (RSI - 50), creating -50 to +50 range zero-centered on same scale as normalized slope. Enables direct visual and mathematical comparison between RSI and slope momentum, enabling Slope-RSI exhaustion detection and RSI-Slope Oscillator signals. **Component Integration:** Five signal types target different market conditions. NTZ Cross and Acceleration target trend-following when momentum strong. RSI Divergence and Slope-RSI Divergence target reversals when price/momentum diverge. RSI-Slope Oscillator targets momentum alignment when RSI and slope converge. Multi-method approach provides signals across trending, reversing, and ranging markets. ### 📊 Technical Calculations **Slope Normalization:** maDF = longMA - longMA , normalized: maDf = 100 * maDF / (highest(maDF, 500) - lowest(maDF, 500)), ranges -100 to +100. **Acceleration Detection:** maAcce = abs(maDf - maDf ) * smoothBars * 2, normalized: maAcc = 50 * maAcce / highest(maAcce, 200). Values above threshold (35 display, 40 signals) indicate sudden momentum shifts. Visualized as colored circles: cyan (bullish), red (bearish). **RSI Calculation:** rsi = sma(rsi(source, length), smoothing), centered: cRsi = rsi - 50 (ranges -50 to +50). Smoothed using SMA (default 3 bars) to reduce noise. **RSI Divergence:** Uses pivot high/low detection on smoothed RSI. Pivot lookback = 16 - sensitivityInput (inverse: sensitivity 6 = 10-bar lookback, sensitivity 10 = 6-bar lookback). Compares price pivots (actual high/low including wicks) against RSI pivots. Bullish: priceLowerLow AND rsiHigherLow. Bearish: priceHigherHigh AND rsiLowerHigh. Stores multiple previous pivots (default 8 max) for comparison. **Slope-RSI Exhaustion:** Compares normalized slope against centered RSI on same scale. Bearish: slope accelerating up (delta > 0, slope > NTZ) BUT RSI declining (cRsi < cRsi AND cRsi < cRsi ). Bullish: slope accelerating down (delta < 0, slope < -NTZ) BUT RSI rising. Gap threshold (default 10.0 points) filters noise. Visualized with dashed lines and gap labels. **RSI-Slope Oscillator:** State machine tracks cross events (rsiSlopeCrossUp = cRsi > maDf AND cRsi <= maDf ), waits for confirmation: both RSI and slope heading same direction. Long: RSI crosses above slope AND both heading UP. Short: RSI crosses below slope AND both heading DOWN. Useful for range-bound markets. **Stretch Filter:** maPercentDiff = (longMA - shortMA) / shortMA * 100. Blocks long signals if longMA > shortMA by threshold (overextended up). Blocks short signals if shortMA > longMA by threshold (overextended down). Default 0.45% prevents signals when MAs too far apart. **Delta Calculation:** Measures change in normalized slope between bars. Timeframe mode: compares current confirmed slope with previous confirmed (more reliable, slight delay). Standard mode: compares current with previous bar (faster, may use unconfirmed). Minimum threshold (default 3.4) filters weak momentum changes. **Trailing Stop (Blackflag FTS Swingarm):** Uses Wilder's MA of true range. Modified mode: trueRange = max(HiLo, HRef, LRef) with enhanced gap handling. Unmodified: standard true range. Trailing stop calculated based on ATR factor and price trend direction. Separate settings for divergence signals (wider stops, grace periods). ### 🚀 Signal Types and Conditions **1. NTZ Cross Signals:** Long: Slope crosses above +NTZ (default +8) AND positive delta ≥ threshold (default 3.4) AND stretch filter allows AND optional trend confirmation (short MA > long MA). Short: Slope crosses below -NTZ AND negative delta ≥ threshold AND filters allow. Exit: Slope re-enters NTZ OR reverses direction for confirmation bars OR trailing stop. **2. Acceleration Signals:** Long: Acceleration ≥ threshold (default 40) AND slope above NTZ AND positive delta sufficient AND filters allow. Short: Acceleration ≥ threshold AND slope below -NTZ AND negative delta sufficient AND filters allow. Visual: Colored circles (cyan bullish, red bearish). Works independently to catch sudden momentum bursts. **3. RSI Divergence Signals:** Bullish: Price lower low while smoothed RSI higher low, detected via pivot comparison (default up to 8 pivots). Bearish: Price higher high while RSI lower high. Optional Slope-RSI confirmation. Visual: Purple lines (bearish), lime lines (bullish). Exit: Divergence-specific trailing stop (wider ATR, grace period). **4. Slope-RSI Divergence Signals:** Bullish: Slope accelerating down (negative delta, slope < -NTZ) BUT RSI rising over lookback AND gap exceeds threshold (default 10.0 points). Bearish: Slope accelerating up (positive delta, slope > NTZ) BUT RSI declining AND gap exceeds threshold. Visual: Orange triangles (bullish exhaustion), yellow triangles (bearish exhaustion) with dashed lines. Exit: Divergence-specific trailing stop. **5. RSI-Slope Oscillator Signals:** Long: RSI crosses above slope AND both heading upward. Short: RSI crosses below slope AND both heading downward. State machine tracks cross then confirms direction. Exit: Opposite oscillator condition (allows reversal) OR trailing stop after grace period. ### 📖 How to Use **Adding to Chart:** TradingView → Indicators → Search "EMA Slope - RSI Indicator" → Add (displays in separate pane below price). **Visual Elements:** Colored area = normalized EMA slope (Green = bullish above NTZ, Red = bearish below -NTZ, Gray = NTZ zone). Blue line = Centered RSI (-50 to +50). Colored circles = Acceleration (Cyan = bullish, Red = bearish). Green triangles (↑) = Long signals (bottom). Red triangles (↓) = Short signals (top). Orange X = Exit signals. Dashed lines = NTZ boundaries. Purple/Lime lines = RSI divergences. Orange/Yellow triangles = Slope-RSI exhaustion. Table (top-right) = Current Slope, RSI, Gap values. **Parameter Configuration:** MA Settings: Short 40 (stretch filter), Long 160 (slope), Types: SMA/EMA/DEMA/TEMA/WMA/VWMA/SMWMA/SWMA/HMA. Ratios: 20/80 (fast), 40/160 (standard), 50/200 (slow). Core: NTZ Threshold 8 (5-6 more signals, 10-12 stronger), Min Delta 3.4 (5-10 stronger, 1-3 sensitive), Max Stretch 0.45% (0.3% conservative, 1.0% permissive, 0 disable), Use Timeframe Delta true (confirmed bar vs previous bar). RSI: Length 14, Smoothing 3, Source close. Divergence: Sensitivity 6 (higher = more sensitive, 6 = 10-bar lookback, 10 = 6-bar lookback), Max Peaks 8 (2-15 range), Show Divergences true. Slope-RSI: Lookback 4 (2-10, higher = conservative), Min Gap 10.0 pts (0-100, higher = strong only, 0 disable), Show Exhaustion true. Signal Enables: NTZ Cross true, Acceleration true, RSI Divergence false, Slope-RSI Divergence true, RSI-Slope Oscillator true, Require Slope-RSI Confirmation false. Exit: Confirmation Bars 4 (0-10, 0 immediate, 2-4 filters false), Show Trailing Stop true, Trail Type Modified/Unmodified, ATR Period 10, ATR Factor 4.0 (2-3 tight, 4 standard, 5-6 wide), Divergence Grace 3 bars, Divergence ATR 4.0 (recommend 5-8), Oscillator Grace 3 bars, Oscillator ATR 4.0. **Alerts:** Right-click indicator pane → Add Alert → Choose condition (Long/Short Entry/Exit) → Configure notifications. **Interpreting Signals:** Trending Markets: Focus NTZ Cross and Acceleration, higher NTZ (10-12) for stronger signals, use trend confirmation. Reversal Opportunities: Enable RSI Divergence and Slope-RSI Divergence, look for exhaustion markers and divergence lines, use wider stops. Range-Bound: Enable RSI-Slope Oscillator, signals when RSI and slope align, allows position reversal. Multi-Timeframe: Higher TF for trend, lower TF for timing, stronger when aligned. Market Adjustments: Crypto 20/80 MA, NTZ 6-7, Delta 4-5 | Forex 40/160 MA, NTZ 8, Delta 3.4 | Stocks 50/200 MA, NTZ 10-12, Delta 2-3. ### 📈 Use Cases Day Trading (5m-15m, fast MAs 20/80), Swing Trading (1h-4h, standard 40/160), Position Trading (4h-Daily, slow 50/200), Trend Following (NTZ Cross/Acceleration in trends), Reversal Trading (RSI Divergence/Slope-RSI at reversals), Range Trading (RSI-Slope Oscillator in choppy markets), Momentum Analysis (Centered RSI and normalized slope comparison), Trend Exhaustion Detection (Slope-RSI exhaustion markers). ### ⚠️ Important Disclaimer **THIS IS NOT FINANCIAL ADVICE** This indicator is for educational and informational purposes only. Trading involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. No guarantee of accuracy - signals may be false. Not professional financial advice - consult a qualified advisor. Use only as part of comprehensive analysis. Always use proper risk management. Combine with other analysis techniques before making trading decisions. Indicator signals don't guarantee profitable trades. You are solely responsible for trading decisions and risk management. By using this indicator, you acknowledge understanding the risks and that you use it at your own risk. Never invest more than you can afford to lose. Works on all markets: Crypto, Forex, Stocks, Commodities, Futures ## Short Description (for Script Header - 200-300 chars) Visual signal indicator combining normalized EMA slope momentum (No Trade Zone concept) with centered RSI format for direct comparison. Five signal types: NTZ momentum crosses, acceleration bursts, price-RSI divergences, slope-RSI exhaustion reversals, and RSI-slope oscillator alignment. Includes stretch filter, exit confirmation bars, and trailing stop exits with separate settings per signal type. ## Tags (for Publishing) EMA, Moving Average, Slope, Momentum, No Trade Zone, NTZ, Indicator, Technical Analysis, RSI, Relative Strength Index, Centered RSI, RSI-50, Divergence, Slope-RSI, Exhaustion, RSI-Slope Oscillator, Normalized Comparison, Stretch Filter, Trend Confirmation, Exit Confirmation, Trailing Stop, Alerts, Signals, Visual Signals, Entry Signals, Exit Signals, Crypto, Forex, Stocks, Futures, Swing Trading, Day Trading, Reversal Trading, Range Trading, Momentum Analysis ## Category **Indicators** → **Momentum**
Pine Script® indicator
by xvelox_
Adaptive MACD DivergencesOverview The Adaptive MACD Divergences Indicator is an advanced technical analysis tool that combines traditional MACD analysis with revolutionary R-squared (R²) correlation-based adaptation and sophisticated divergence detection. Unlike standard MACD indicators, this system automatically adjusts its sensitivity based on market conditions, providing cleaner signals in ranging markets and faster responses during strong trends. Key Features 1. R² Adaptive Technology Automatically measures market trend strength using R-squared correlation Self-adjusts between responsive (trending) and smooth (choppy) modes Reduces false signals without manual parameter changes 2. Enhanced Visual System Gradient color-coded lines showing momentum strength at a glance Beautiful shadow histogram with depth effects Real-time R² value display showing adaptation strength 3. Advanced Divergence Detection Four types of divergences (Regular/Hidden, Bullish/Bearish) Multi-pivot scanning for catching all valid divergences Sophisticated filtering to reduce false signals 4. Professional Grade Features Customizable alert conditions for automated trading Extensive parameter control with detailed tooltips Works on all timeframes and instruments How the Adaptive R² System Works Understanding R-Squared (R²) R² measures how well price follows a linear trend, ranging from 0 to 1: R² = 0.8-1.0: Strong linear trend → MACD becomes MORE responsive R² = 0.3-0.7: Moderate trend → Balanced MACD behavior R² = 0.0-0.3: No trend/choppy → MACD becomes SMOOTHER Adaptation Benefits In Trending Markets: Catches moves early, stays with trends longer In Ranging Markets: Filters out noise, reduces whipsaws During Transitions: Automatically adjusts as market changes The indicator displays the current R² value with color coding: 🟢 Green: Strong trend detected (R² > 0.7) 🟡 Yellow: Moderate trend (R² 0.3-0.7) 🔴 Red: Choppy/ranging market (R² < 0.3) Input Parameters Explained MACD Calculation Method 📊 Use Adaptive R² Mode ON (Default): Enables intelligent market adaptation OFF: Uses traditional fixed MACD calculation When to use each: Adaptive: Most market conditions, especially mixed trending/ranging Standard: When you need consistent behavior regardless of market state Adaptive Settings R² Correlation Period (Default: 20) Controls how many bars are analyzed to determine trend strength 5-15 bars: Quick adaptation, good for scalping 20-30 bars: Balanced for day trading 40+ bars: Smooth adaptation for position trading Show R² Value Table Displays real-time adaptation strength Helps understand when indicator is most/least responsive MACD Parameters Fast EMA Period (Default: 12) The quick-responding component Lower (8-10): More sensitive, more signals Higher (14-16): Smoother, fewer false signals Slow EMA Period (Default: 26) The trend-following component Lower (20-24): More responsive to changes Higher (28-35): Better trend filtration Signal Line Smoothing (Default: 9) Creates the trigger line for crossovers Lower (5-7): Faster signals, more whipsaws Higher (10-15): Delayed but more reliable signals Price Source Close: Standard, most accurate HL2: (High+Low)/2, reduces noise HLC3: Typical price, good balance OHLC4: Most smoothing Visual Settings Shadow Intensity (Default: 0.4) Controls histogram gradient strength 0.1-0.3: Subtle, clean appearance 0.4-0.6: Balanced visibility 0.7-1.0: Bold, high contrast Gradient Lookback (Default: 100) Determines color intensity scaling 20-50: Colors change frequently 100: Balanced color distribution 150-200: Stable colors Divergence Detection Divergence Types 🟢 Regular Bullish: Reversal signal at bottoms 🔴 Regular Bearish: Reversal signal at tops 🟢 Hidden Bullish: Trend continuation in uptrends 🔴 Hidden Bearish: Trend continuation in downtrends Zero Line Filter (Default: ON) When enabled, divergences must respect the zero line Filters out weaker, less reliable divergences Pivot Lookback Left/Right (Default: 5/5) Determines pivot point significance Lower (2-4): More pivots detected, more signals Higher (6-10): Only major pivots, stronger signals Minimum Pivot Distance (Default: 2) Prevents duplicate signals from nearby pivots 1-2: Maximum sensitivity 3-5: Clean, distinct signals 6+: Only widely spaced divergences Lookback Range (Min: 5, Max: 60) How far back to search for divergence patterns Narrow (5-20): Recent divergences only Wide (40-60): Can find older developing patterns Pivots to Scan (Default: 5) How many previous pivots to check Higher values catch more divergences but use more resources Strict Zero Check (Default: OFF) OFF: Quick validation using highest/lowest ON: Bar-by-bar validation for highest quality signals Trading Strategies Strategy 1: Trend Following with R² Confirmation Setup: Use Adaptive Mode Watch R² value for trend strength Focus on MACD/Signal crossovers Entry Rules: Long: MACD crosses above Signal when R² > 0.5 Short: MACD crosses below Signal when R² > 0.5 Avoid: All signals when R² < 0.3 (choppy market) Exit Rules: When R² drops below 0.3 (trend weakening) Opposite crossover signal Fixed stop-loss at swing high/low Best For: Trending markets, position trading Strategy 2: Divergence Reversal Trading Setup: Enable Regular Divergences only Use Zero Line Filter Set Strict Zero Check for quality Entry Rules: Bullish: Enter long when Regular Bullish divergence appears Confirm with price above recent swing low MACD starting to curve upward Bearish: Enter short when Regular Bearish divergence appears Confirm with price below recent swing high MACD starting to curve downward Risk Management: Stop-loss beyond the divergence pivot point Target 2:1 risk/reward minimum Reduce position if divergence pivot is violated Best For: Range trading, catching reversals Strategy 3: Momentum Continuation Setup: Enable Hidden Divergences Use histogram color intensity Monitor gradient line colors Entry Rules: Hidden Bullish: Add to longs in uptrends Hidden Bearish: Add to shorts in downtrends Confirm with histogram expanding in trade direction Position Sizing: Scale in when hidden divergences appear Increase position when R² rises above 0.7 Reduce when histogram shows weakening (color fading) Best For: Trending markets, pyramiding positions Strategy 4: Multi-Timeframe Confluence Setup: Apply indicator on 3 timeframes (e.g., 1H, 4H, Daily) Look for alignment across timeframes Entry Rules: Strong Signal: Divergence on higher timeframe + Crossover on lower Confirmation: R² > 0.5 on at least 2 timeframes Direction: All timeframes showing same histogram color bias Management: Use highest timeframe for overall direction Middle timeframe for entry timing Lowest timeframe for precise execution Best For: Swing trading, high probability setups Strategy 5: Adaptive Scalping Setup: Set R² Correlation Period to 10 Fast EMA to 8, Slow to 21, Signal to 5 Focus on histogram momentum changes Entry Rules: Enter when histogram changes from decreasing to increasing Confirm with line color gradient brightening R² must be above 0.4 Quick Exit Rules: Exit when histogram peaks (color at maximum intensity) Or when gradient color starts fading Maximum hold time: 10-15 bars Best For: Active traders, liquid markets Risk Management Guidelines Position Sizing High R² (>0.7): Can use standard position size Medium R² (0.3-0.7): Reduce to 75% size Low R² (<0.3): Reduce to 50% or avoid Stop-Loss Placement Regular Divergences: Beyond the pivot point Hidden Divergences: Previous swing high/low Crossover Trades: Below/above recent support/resistance Trade Filtering Avoid signals when R² is unstable (rapidly changing) Skip divergences that barely meet minimum requirements Don't trade against strong histogram momentum Market Condition Guidelines Best Market Conditions Trending Markets: R² > 0.5, clear directional movement Reversal Points: Multiple divergences converging Breakout Setups: R² rising from low to high values Avoid Trading When R² remains below 0.3 for extended periods Histogram repeatedly crosses zero without follow-through Divergences appear in both directions simultaneously Alert Setup The indicator provides four alert conditions: Regular Bullish Divergence: Major bottom reversal signal Regular Bearish Divergence: Major top reversal signal Hidden Bullish Divergence: Uptrend continuation signal Hidden Bearish Divergence: Downtrend continuation signal Alert Best Practices Combine with price alerts at key levels Use different alert sounds for different divergence types Set alerts on higher timeframes to reduce noise Optimization Tips For Different Market Types Trending Markets: Increase R² Correlation Period (25-30) Standard MACD settings work well Focus on Hidden Divergences Ranging Markets: Decrease R² Correlation Period (15-20) Increase Signal smoothing (12-15) Focus on Regular Divergences with strict filtering Volatile Markets: Enable Strict Zero Check Increase Minimum Pivot Distance (3-4) Use higher Pivot Lookback values (6-7) For Different Trading Styles Day Trading: R² Period: 15-20 Fast EMA: 8-10 Enable all divergence types Swing Trading: R² Period: 25-30 Standard MACD settings Focus on Regular Divergences Position Trading: R² Period: 40-50 Slow EMA: 30-35 Only major divergences (increase pivot lookback) Common Questions Q: When should I use Adaptive vs Standard mode? A: Use Adaptive for most situations. Only use Standard when you need consistent behavior for systematic trading or backtesting. Q: Why are some divergences not detected? A: Check your Zero Line Filter and Strict Zero Check settings. These filters improve quality but reduce quantity. Q: What R² value is considered "good" for trading? A: Above 0.5 indicates sufficient trend. Above 0.7 is strong. Below 0.3 suggests waiting for better conditions. Q: Can this indicator be the sole basis for trading decisions? A: No indicator should be used in isolation. Combine with price action, support/resistance, and overall market context. Conclusion The Adaptive MACD Divergences Indicator represents a significant evolution in MACD technology. By combining correlation-based adaptation with sophisticated divergence detection and professional visualization, it provides traders with a powerful tool that automatically adjusts to changing market conditions. The key to success is understanding when the indicator is most effective (R² feedback) and combining it with sound risk management principles.
Pine Script® indicator
by ClickNull
Heikin Ashi + Volume Intel + EMA# HA Volume Intelligence + EMA - Advanced Heikin Ashi Trading System ## 📊 Overview **Heikin Ashi + Volume Intel + EMA** is a sophisticated trading indicator that enhances traditional Heikin Ashi (HA) candles with intelligent volume analysis, quality scoring, and dynamic trend detection. Unlike standard Heikin Ashi implementations that only smooth price action, this system reveals **where** and **how** volume traded within each candle, providing critical context that traditional HA charts completely lose. At its core, the indicator tries to address Heikin Ashi's fundamental weakness—the loss of volume location data—by analyzing volume distribution across candle bodies and wicks, scoring candle quality based on multiple factors, and color-coding candles to instantly communicate setup strength. Combined with an adaptive EMA system featuring structure break detection and slope-based coloring, this creates a complete trading framework that maintains HA's trend clarity while restoring the volume intelligence needed for high-probability decision-making. ## ✨ Key Features * **Volume Location Analysis** - Identifies where volume concentrated: body (strong conviction), upper wicks (selling pressure/rejection), or lower wicks (buying pressure/support) * **Multi-Factor Quality Scoring** - Evaluates each HA candle on a 0-100 scale using volume intensity, body percentage, and close location to distinguish high-conviction moves from weak signals * **Adaptive Candle Coloring** - Visual quality grading with four intensity levels (Excellent/Strong/Good/Weak) for both bullish and bearish candles, making exceptional setups immediately visible * **Volume-Weighted Border Colors** - White borders indicate body-heavy volume (strong), orange shows upper rejections, aqua marks lower rejections, revealing supply/demand dynamics at a glance * **Intelligent Label System** - Shows quality scores only on exceptional candles (85+ quality with 1.5x+ volume), preventing chart clutter while highlighting genuine opportunities * **Slope-Adaptive EMA** - Dynamic color-changing EMA (green/red/gray) based on configurable slope threshold, showing trend momentum beyond simple price position * **Structure Break Detection** - Automatically identifies and marks significant EMA breaks with extending horizontal lines and directional labels, tracking support/resistance levels until broken * **Rejection Markers** - Optional visual indicators (💪 body-heavy, 🔻 upper rejection, 🔺 lower rejection) with volume-filtered display to highlight key pressure zones * **Real-Time Quality Dashboard** - Comprehensive table showing current quality score, volume location, body percentage, volume ratio, close location, direction, EMA value, and slope status ## 🔧 How It Works ### 🎯 Volume Distribution Analysis The indicator estimates how volume distributed within each candle by calculating the proportional range of body versus wicks: * **Body Volume** - Percentage of candle range occupied by the body (open to close), indicating committed directional movement * **Upper Wick Volume** - Percentage in upper shadows (rejection at highs), suggesting selling pressure or profit-taking * **Lower Wick Volume** - Percentage in lower shadows (rejection at lows), suggesting buying pressure or support While exact intrabar volume data isn't available on standard timeframes, this proportional estimation provides highly actionable intelligence about where price found acceptance versus rejection, allowing traders to distinguish between strong breakouts (body-heavy) and failed attempts (wick-heavy). ### 📈 Quality Scoring System Each HA candle receives a quality score from 0-100 based on three weighted components: **1. Volume Score (max 40 points):** - Compares current volume to 20-period average - Higher relative volume = stronger signal - Capped to prevent extreme outliers from skewing total score **2. Body Score (max 30 points):** - Measures body size as percentage of total range - Larger bodies relative to range = more conviction - Small-bodied candles receive lower scores even with high volume **3. Close Location Score (max 30 points):** - For bullish candles: Rewards closes near the high (70-100% of range) - For bearish candles: Rewards closes near the low (0-30% of range) - Weak closes (middle of range) reduce score significantly **Quality Classifications:** * **80-100: EXCELLENT** - Institutional-grade conviction, multiple confirming factors * **70-79: STRONG** - High-quality setup with good confirmation * **55-69: GOOD** - Decent signal, acceptable for confirmation * **40-54: MODERATE** - Weak signal, avoid standalone trades * **0-39: WEAK** - Poor quality, likely noise or indecision ### 🎨 Enhanced Candle Visualization **Candle Body Colors:** The indicator uses four distinct color intensities for both bullish and bearish candles, making quality instantly recognizable: * **Excellent (80+):** Bright, fully opaque colors (lime green / bright red) * **Strong (70-79):** Solid colors with slight transparency * **Good (55-69):** Medium transparency, clearly visible but less intense * **Weak (<55):** Heavy transparency, faded appearance signaling low conviction **Border Color Intelligence:** * **White borders** - Body-heavy volume (>70% in body), strong directional commitment * **Orange borders** - Upper rejection (>35% in upper wick), selling pressure/resistance * **Aqua borders** - Lower rejection (>35% in lower wick), buying pressure/support * **Gray borders** - Balanced distribution, no clear volume concentration This dual-color system (body + border) provides instant visual feedback about both signal quality and volume behavior without cluttering the chart. ### 📊 Slope-Adaptive EMA System Unlike standard EMAs that simply follow price, this implementation adds intelligence through slope analysis: **Slope Calculation:** - Measures change between current and previous EMA value - Configurable threshold determines sensitivity to slope changes - Lower threshold (0.001-0.01) = more responsive, higher (0.01-0.1) = more stable **Dynamic Coloring:** * **Green** - Upward slope exceeding threshold (bullish momentum) * **Red** - Downward slope exceeding threshold (bearish momentum) * **Gray** - Flat slope within threshold range (consolidation/indecision) This reveals momentum shifts before price makes significant moves, as the EMA slope often changes direction before dramatic price action occurs. ### 🎯 Structure Break Detection The system automatically identifies when price breaks through the EMA, marking these as potential trend changes or continuation signals: **Break Types:** * **Bullish Break** - Price crosses above EMA (potential uptrend initiation) * **Bearish Break** - Price crosses below EMA (potential downtrend initiation) **Significant Break Filtering:** When "Only Significant Breaks" is enabled, the indicator requires follow-through confirmation—the next candle must continue in the break direction. This filters out false breaks and whipsaws that immediately reverse. **Visual Implementation:** * Horizontal lines extend from break point * Lines extend until price breaks back through them (when "Extend Until Broken" enabled) * Labeled with directional arrows (▲ BULL BREAK / ▼ BEAR BREAK) * Color-coded (green/red) with configurable line styles and widths * Limited to configurable maximum to prevent chart clutter These break levels often act as dynamic support/resistance, making them valuable reference points for entries, exits, and stop placement. ### 💡 Volume Location Markers Optional visual markers highlight exceptional volume behavior: * **💪 (Strong Body)** - Appears when quality ≥85, volume ≥1.5x average, and >70% volume in body. Signals institutional-grade conviction moves. * **🔻 (Upper Rejection)** - Shows when >35% volume in upper wick with adequate total volume. Indicates supply/selling pressure at highs. * **🔺 (Lower Rejection)** - Displays when >35% volume in lower wick with adequate total volume. Reveals demand/buying pressure at lows. **Smart Filtering:** - Session-limited (max 10 per day by default) to prevent visual clutter - Volume threshold filter ensures only significant rejections marked - Can be disabled entirely for clean chart appearance - Each marker includes detailed tooltip with quality metrics ### 📊 Real-Time Dashboard The comprehensive info table provides at-a-glance intelligence: * **Quality Classification** - Current score and category (EXCELLENT/STRONG/GOOD/MODERATE/WEAK) * **Numeric Score** - Exact 0-100 quality value with color coding * **Volume Location** - Distribution type with emoji indicator * **Body Percentage** - How much of range is body (higher = stronger) * **Volume Ratio** - Current volume vs 20-period average (>1.5x highlighted) * **Close Location** - Where close occurred in range (extremes highlighted) * **Direction** - Current HA trend (🐂 BULL / 🐻 BEAR) * **EMA Value** - Current level with trend color * **EMA Slope** - Direction and strength (↑ BULL / ↓ BEAR / → FLAT) Position is fully customizable (four corners) to avoid conflicts with other indicators or chart elements. ## 💡 How to Use ### 🎯 Identifying High-Quality Setups **Primary Strategy: Quality-Filtered HA Trading** Focus exclusively on HA candles with: 1. **Quality Score ≥ 75** (STRONG or EXCELLENT range) 2. **Volume Ratio ≥ 1.3x** (above-average participation) 3. **Body-Heavy Distribution** (white border preferred) 4. **Close near extremes** (>70% for bulls, <30% for bears) 5. **EMA alignment** (bulls above rising EMA, bears below falling EMA) **Entry Timing:** - **Aggressive:** Enter on close of qualifying high-quality HA candle - **Conservative:** Wait for second consecutive high-quality candle in same direction - **Confirmation:** Combine with structure break signals for highest probability **Exit Strategy:** - **Initial Stop:** First opposite-color HA candle with quality ≥60 - **Profit Target:** 2-3x the qualifying candle's range - **Trailing Stop:** Lock profits after two more same-direction high-quality candles ### 📈 Using EMA Structure Breaks **Breakout Trading:** Structure breaks provide clear entry signals when combined with volume quality: **LONG Entry:** - Bullish structure break forms (▲ BULL BREAK label) - HA candle showing quality ≥75 - Volume ratio ≥1.3x - Body-heavy distribution (white border) - Enter at break or on pullback to broken level **SHORT Entry:** - Bearish structure break forms (▼ BEAR BREAK label) - HA candle showing quality ≥75 - Volume ratio ≥1.3x - Body-heavy distribution (white border) - Enter at break or on rally to broken level **Break Level Usage:** - Previous bullish break lines act as support (buy zones) - Previous bearish break lines act as resistance (sell zones) - When break level breaks again opposite direction, trend likely reversing ### 🎯 Volume Rejection Trading **Reversal Strategy Using Rejection Markers:** **At Resistance (Upper Rejections):** - 🔻 marker appears showing upper wick rejection - HA candle color turns bearish (red) - Quality score ≥70 - Volume ratio ≥1.3x → Consider SHORT entry, targeting lower structure break level **At Support (Lower Rejections):** - 🔺 marker appears showing lower wick rejection - HA candle color turns bullish (green) - Quality score ≥70 - Volume ratio ≥1.3x → Consider LONG entry, targeting upper structure break level **Confirmation:** Wait for following HA candle to confirm direction before entering. Single rejection candles can fail; consecutive rejections are more reliable. ### 📊 Using the Dashboard for Trade Management **Pre-Trade Checklist:** Before entering any trade, verify the dashboard shows: - Quality score in STRONG (70+) or EXCELLENT (80+) range - Volume ratio above 1.0x (preferably 1.3x+) - Body percentage above 50% (preferably 70+) - Direction aligned with intended trade (🐂 for longs, 🐻 for shorts) - EMA slope confirming trend (↑ BULL for longs, ↓ BEAR for shorts) **In-Trade Monitoring:** While holding position, watch for: - Quality score dropping below 60 (weakness warning) - Volume location shifting to opposite rejection (reversal warning) - EMA slope flattening to → FLAT (momentum loss) - Direction indicator changing (🐂↔🐻 = exit signal) ### 🎨 Chart Cleanliness Tips To maintain clean, readable charts: 1. **Disable visual noise:** - Turn OFF "Show Volume Location Markers" initially - Turn OFF "Show Background Quality Glow" (can be distracting) - Keep "Only Show Rejection on High Volume" ON 2. **Limit break lines:** - Set "Max Break Lines" to 5-10 (not 20+) - Enable "Extend Until Broken" to auto-clean old levels - Use "Only Significant Breaks" to filter whipsaws 3. **Labels only on best setups:** - Keep "Exceptional Threshold" at 85+ - Set "Volume Multiplier" to 1.5x minimum - This shows only truly institutional-quality moves 4. **Dashboard positioning:** - Place in corner that doesn't conflict with other indicators - Use "Bottom Right" if you have VWAP tables in top corners - Can disable entirely once familiar with quality recognition ### 🔔 Alert Configuration Set up alerts for automated trade monitoring: **Essential Alerts:** - **Exceptional Bullish/Bearish Quality** - Catches rare, high-conviction setups - **Bullish/Bearish Structure Break** - Entry signal alerts - **EMA Turned Bullish/Bearish** - Momentum shift warnings **Optional Alerts:** - **Strong Upper/Lower Rejection** - Reversal warnings at key levels - Set up conditional alerts combining multiple factors for custom strategies **Alert Best Practices:** - Start with only 2-3 alert types to avoid overwhelm - Test alert frequency on historical data before enabling live - Combine alerts with manual confirmation for highest win rate - Disable "Every tick" alerts—use "Once per bar close" only ## ⚙️ Configuration Overview ### HA Display Settings * **Show HA Candles** - Toggle Heikin Ashi candle display * **Show Quality Labels** - Display scores on exceptional candles only (85+) * **Show Volume Location Markers** - Optional emoji indicators (can clutter, OFF by default) * **Show Background Quality Glow** - Subtle background coloring on high-quality candles * **Show Dashboard Table** - Real-time metrics table * **Dashboard Position** - Four corner placement options ### Quality Settings * **High Quality Threshold** - Minimum score for "strong" classification (50-90, default 70) * **Exceptional Quality Threshold** - Score required for labels to appear (75-95, default 85) * **Volume Multiplier for Exceptional** - Relative volume requirement for labels (1.0-3.0x, default 1.5x) ### Marker Settings * **Only Show Rejection on High Volume** - Filter rejection markers by volume threshold * **Rejection Volume Threshold** - Minimum volume ratio for rejection markers (1.0-2.0x) * **Max Markers Per Session** - Daily limit to prevent clutter (5-50, default 10) ### HA Colors * **Excellent/Strong/Good/Weak Colors** - Customizable for both bullish and bearish candles * Pre-configured with optimal color progression from bright to faded ### EMA Settings * **Show EMA** - Toggle EMA display * **Length** - EMA period (default 9 for responsive trend following) * **Source** - Price input (default close) * **Offset** - Forward/backward display shift * **Slope Threshold** - Sensitivity for color changes (0.001-1.0, default 0.01) * **Bull/Bear/Neutral Colors** - Three-state color scheme ### Structure Break Settings * **Show Structure Break Lines** - Toggle horizontal break level lines * **Show Break Labels** - Display directional break markers (▲/▼) * **Max Break Lines** - Limit total lines shown (1-50, default 10) * **Extend Until Broken** - Auto-extend lines until price crosses back * **Only Significant Breaks** - Require follow-through confirmation to filter whipsaws * **Line Style** - Visual appearance (Solid/Dashed/Dotted) * **Line Width** - Thickness (1-4 pixels) * **Bull/Bear Break Colors** - Customizable line and label colors * **Label Size** - Text size (Tiny/Small/Normal) ### Smoothing Settings * **Type** - Additional smoothing MA types (None/SMA/SMA+BB/EMA/SMMA/WMA/VWMA) * **Length** - Smoothing period * **BB StdDev** - Bollinger Band standard deviation multiplier (when BB mode selected) --- ENTRY RULES: LONG: ✓ HA candle green (bullish) ✓ Quality score ≥ 80 (EXCELLENT) ✓ Volume ratio ≥ 1.5x average ✓ Body volume ≥ 70% (white border) ✓ Close location ≥ 75% ✓ EMA slope = ↑ BULL (green) ✓ Price above EMA → ENTER at candle close or next candle open SHORT: ✓ HA candle red (bearish) ✓ Quality score ≥ 80 ✓ Volume ratio ≥ 1.5x ✓ Body volume ≥ 70% ✓ Close location ≤ 25% ✓ EMA slope = ↓ BEAR (red) ✓ Price below EMA → ENTER at candle close or next candle open EXITS: - Stop: First opposite HA candle with quality ≥ 60 - Target: 2.5x entry candle range - Trail: Move stop to breakeven after 1.5x range profit ``` ### **Strategy 2: Structure Break + Quality Confirmation** ``` ## ⚠️ Important Considerations ### **Heikin Ashi Lag Awareness** Heikin Ashi candles smooth price action by averaging values, which creates inherent lag: * **Entry Lag:** HA trend changes appear 1-2 candles after real price reversal * **Exit Lag:** Reversals confirm late, potentially giving back profits * **Mitigation:** Use quality scoring and EMA breaks as leading indicators * **Solution:** Combine HA signals with regular candlestick charts for precise entries ### **Volume Estimation Limitations** The indicator estimates volume distribution proportionally since exact tick-by-tick volume isn't available on standard timeframes: * Assumptions are directionally correct but not tick-precise * Works best on liquid instruments with tight spreads * More reliable on higher timeframes (5-min+) than very short (30-sec) * Consider upgrading to tick charts for true volume distribution data ### **False Signals in Choppy Markets** Like all trend-following systems, this indicator underperforms in sideways, range-bound conditions: * Excessive structure break whipsaws * Many "high-quality" candles that fail to follow through * EMA slope flips rapidly (gray periods) * **Solution:** Reduce position size or avoid trading when dashboard shows frequent direction changes and → FLAT slope ### **Quality Score Is Not Win Rate** A quality score of 80 does NOT mean 80% win probability: * Score measures setup conviction, not outcome certainty * Markets can reject even highest-quality signals * Use quality as a filter, not a guarantee * Combine with proper risk management and position sizing --- ## ⚠️ Disclaimer This indicator is provided for **educational and informational purposes only**. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. All trading involves risk. Past performance of any strategy, indicator, or system does not guarantee future results. You are fully responsible for your own trading decisions, which should be based on your personal financial situation, risk tolerance, investment objectives, and independent analysis. The quality scores, volume location indicators, structure break signals, and EMA slope classifications are analytical tools designed to assist in decision-making—they are not trade recommendations. Always conduct your own due diligence and consider consulting with a qualified financial advisor before making investment decisions. Heikin Ashi candles inherently lag price action due to their smoothing calculations. This lag can result in delayed entries and exits. The volume distribution analysis is estimated proportionally and may not reflect exact tick-by-tick volume behavior. Trade responsibly and never risk more than you can afford to lose.
Pine Script® indicator
by AMITTHEDAYTRADER
CVD Zones & Divergence [Pro]# CVD Zones & Divergence **Complete CVD order flow toolkit** - Divergences, POC, Profile, and Supply/Demand zones all in one professional indicator. ## 🎯 What It Does Combines **four powerful order flow tools** into a single, cohesive indicator: 1. **CVD Divergences** - Early warnings + confirmed signals 2. **Point of Control (POC)** - Fair value equilibrium line 3. **CVD Profile** - Visual distribution histogram 4. **Supply/Demand Zones** - Real absorption-based S/R levels All based on **Cumulative Volume Delta (CVD)** - actual buying/selling pressure, not approximations. ## ✨ Key Features ### 🔄 CVD Divergences (Dual Mode) **Confirmed Divergences** (High Accuracy) - Solid lines (customizable colors) - 🔻 Bear / 🔺 Bull labels - Win rate: ~70-80% - Best for swing traders **Early Warning Mode** ⚡ (Fast Signals) - Dashed lines (default purple) - ⚠️ Early Bear / ⚠️ Early Bull labels - Fires 6+ bars earlier - Win rate: ~55-65% - Best for scalpers/day traders ### 🎯 Point of Control (POC) - **Independent lookback** (300 bars default) - Yellow line showing fair value - Where most CVD activity occurred - Acts as dynamic support/resistance - Resets and recalculates continuously ### 📊 CVD Profile Histogram - **Visual CVD distribution** over lookback period - **Split buy/sell** (blue/orange bars) - **Value Area** (70% CVD zone highlighted) - Position: Right/Left/Current (your choice) - Shows where actual order flow happened ### 📦 Supply/Demand Zones - **Absorption-based** detection (not guesses!) - Green = Demand (buyers absorbed 2:1+) - Red = Supply (sellers absorbed 2:1+) - Shows **real** institutional levels - Auto-sorted by strength - Displays top 8 zones ## 📊 What You See on Chart ``` Your Chart: ├─ 🔴 Red lines (bearish divergences) ├─ 🟢 Green lines (bullish divergences) ├─ 🟣 Purple dashed (early warnings) ├─ 🟡 Yellow POC line (fair value) ├─ 📊 Blue/Orange profile (right side) ├─ 🟢 Green boxes (demand zones) └─ 🔴 Red boxes (supply zones) ``` ## ⚙️ Recommended Settings ### 15m Day Trading (Most Popular) ``` 📊 Profile: - Lookback: 150 bars - Profile Rows: 24 - Position: Right 🎯 POC: - POC Lookback: 300 bars - Show POC: ON 📦 Zones: - Min Absorption Ratio: 2.0 - HVN Threshold: 1.5 - Max Zones: 8 🔄 Divergences: - Pivot L/R: 9 - Early Warning: ON - Early Right Bars: 3 - Min Bars Between: 40 - Min CVD Diff: 5% ``` ### 5m Scalping ``` Profile Lookback: 100 POC Lookback: 200 Pivot L/R: 7 Early Warning Right: 2 Min Bars Between: 60 ``` ### 1H Swing Trading ``` Profile Lookback: 200 POC Lookback: 400-500 Pivot L/R: 12-14 Early Warning Right: 4-5 Min Bars Between: 30 Min CVD Diff: 8% ``` ## 💡 How to Trade ### Setup 1: Divergence at Zone ⭐ (BEST - 75%+ win rate) **Entry:** - Price hits demand/supply zone - Divergence appears (early or confirmed) - Double confluence = high probability **Example (Long):** ``` 1. Price drops into green demand zone 2. ⚠️ Early bullish divergence fires 3. Enter long with tight stop below zone 4. Target: POC or next supply zone ``` **Risk/Reward:** 1:3 to 1:5 --- ### Setup 2: POC Bounce/Rejection **Entry:** - Price approaches POC line - Wait for reaction (bounce or rejection) - Enter in direction of reaction **Long Setup:** ``` 1. Price pulls back to POC from above 2. POC acts as support 3. Bullish divergence appears (confirmation) 4. Enter long, stop below POC ``` **Short Setup:** ``` 1. Price rallies to POC from below 2. POC acts as resistance 3. Bearish divergence appears 4. Enter short, stop above POC ``` **Risk/Reward:** 1:2 to 1:4 --- ### Setup 3: Zone + Profile Confluence **Entry:** - Supply/demand zone aligns with thick profile bar - Shows high CVD activity at that level - Triple confluence = very high probability **Example:** ``` 1. Supply zone at 26,100 2. Profile shows heavy selling at 26,100 3. Price rallies to 26,100 4. Bearish divergence appears 5. Enter short ``` **Risk/Reward:** 1:4 to 1:6 --- ### Setup 4: Early Warning Scalp ⚡ **Entry (Aggressive):** - ⚠️ Early warning fires - Price at zone or POC - Enter immediately - Tight stop (1-2 ATR) **Management:** ``` - Take 50% profit at 1:1 - Move stop to breakeven - 🔻 Confirmed signal → Trail stop - Exit rest at target ``` **Risk/Reward:** 1:1.5 to 1:2 **Trades/day:** 3-8 --- ### Setup 5: Multi-Timeframe (Advanced) **Confirmation Required:** ``` Higher TF (1H): - Confirmed divergence - At major POC or zone Lower TF (15m): - Early warning triggers - Entry with better timing ``` **Benefits:** - HTF gives direction - LTF gives entry - Best of both worlds **Risk/Reward:** 1:3 to 1:5 --- ## 📊 Component Details ### CVD Profile **What the colors mean:** - **Blue bars** = Buying CVD (demand) - **Orange bars** = Selling CVD (supply) - **Lighter shade** = Value Area (70% CVD) - **Thicker bar** = More volume at that price **How to use:** - Thick bars = Support/Resistance - Profile shape shows market structure - Balanced profile = range - Skewed profile = trend --- ### Supply/Demand Zones **How they're detected:** 1. High Volume Node (1.5x average) 2. CVD buy/sell ratio calculated 3. Ratio ≥ 2.0 → Zone created 4. Sorted by strength (top 8 shown) **Zone labels show:** - Type: "Demand" or "Supply" - Ratio: "2.8:1" = strength **Not like other indicators:** - ❌ Other tools use price action alone - ✅ This uses actual CVD absorption - Shows WHERE limit orders defended levels --- ### Point of Control (POC) **What it shows:** - Price with highest CVD activity - Market's "fair value" - Dynamic S/R level **How to use:** - Price above POC = bullish bias - Price below POC = bearish bias - POC retest = trading opportunity - POC cross = trend change signal **Independent lookback:** - Profile: 150 bars (short-term) - POC: 300 bars (longer-term context) - Gives stable, relevant POC --- ## 🔧 Settings Explained ### 📊 Profile Settings **Lookback Bars** (150 default) - How many bars for profile calculation - Lower = more recent, reactive - Higher = more historical, stable **Profile Rows** (24 default) - Granularity of distribution - Lower = coarser (faster) - Higher = finer detail (slower) **Profile Position** - Right: After current price - Left: Before lookback period - Current: At lookback start **Value Area** (70% default) - Highlights main CVD concentration - 70% is standard - Higher % = wider zone --- ### 🎯 POC Settings **POC Lookback** (300 default) - Independent from profile - Longer = more stable POC - Shorter = more reactive POC **Show POC Line/Label** - Toggle visibility - Customize color/width --- ### 📦 Zone Settings **Min Absorption Ratio** (2.0 default) - Buy/Sell threshold for zones - 2.0 = 2:1 ratio minimum - Higher = fewer, stronger zones **HVN Threshold** (1.5 default) - Volume must be 1.5x average - Higher = stricter filtering - Lower = more zones **Max Zones** (8 default) - Limits display clutter - Shows strongest N zones only --- ### 🔄 Divergence Settings **Pivot Left/Right** (9/9 default) - Bars to confirm pivot - Higher = slower, more confirmed - Lower = faster, less confirmed **Early Warning** - ON = Show early signals - Early Right Bars (3 default) - 3 = 6 bars faster than confirmed **Filters:** - Min Bars Between (40): Prevents spam - Min CVD Diff % (5): Filters weak signals **Visual:** - Line styles: Solid/Dashed/Dotted - Colors: Customize all 4 types - Labels: Toggle ON/OFF --- ## 🎨 Color Customization **Divergences:** - Bullish Confirmed: Green (default) - Bearish Confirmed: Red (default) - Early Bullish: Purple (default) - Early Bearish: Purple (default) **Zones & Profile:** - Bull/Demand: Green - Bear/Supply: Red - Buy CVD Profile: Blue - Sell CVD Profile: Orange - Value Area Up/Down: Lighter blue/orange **POC:** - POC Color: Yellow (default) All customizable to your preference! --- ## 🔔 Alerts Available **6 Alert Types:** 1. 🔻 Bearish Divergence (confirmed) 2. 🔺 Bullish Divergence (confirmed) 3. ⚠️ Early Bearish Warning 4. ⚠️ Early Bullish Warning 5. (Manual: POC cross) 6. (Manual: Zone touch) **Setup:** 1. Click Alert (⏰) 2. Choose "CVD Zones & Divergence" 3. Select alert type 4. Configure notification 5. Create! --- ## 💎 Pro Tips ### From Experienced Traders: **"Use zones with divergences for best setups"** - Zone alone: 60% win rate - Divergence alone: 65% win rate - Both together: 75%+ win rate **"POC is your friend"** - Price tends to revert to POC - Great target for counter-trend trades - POC cross = potential trend change **"Profile tells the story"** - Thick bars = institutional levels - Balanced profile = range-bound - Skewed high = distribution (top) - Skewed low = accumulation (bottom) **"Early warnings for entries, confirmed for confidence"** - Early = better entry price - Confirmed = validation - Use both in scale-in strategy **"Filter by timeframe"** - 1m-5m: Very fast, many signals - 15m: Sweet spot for most traders - 1H-4H: High quality, fewer signals --- ## 🔧 Tuning Guide ### Too Cluttered? **Simplify:** ``` ✅ Show Divergences: ON ✅ Show POC: ON ❌ Show Zones: OFF (or reduce to 4-5) ❌ Show Value Area: OFF ❌ Divergence Labels: OFF → Clean chart with just lines + POC ``` ### Missing Opportunities? **More Signals:** ``` ↓ Pivot Right: 6-7 ↓ Early Warning Right: 2 ↓ Min Bars Between: 25-30 ↓ Min CVD Diff: 2-3% ↓ Min Absorption Ratio: 1.8 ``` ### Too Many False Signals? **Stricter Filters:** ``` ↑ Pivot Right: 12-15 ↑ Min Bars Between: 60 ↑ Min CVD Diff: 8-10% ↑ Min Absorption Ratio: 2.5 ↓ Max Zones: 4-5 ``` ### POC Not Making Sense? **Adjust POC Lookback:** ``` If too high: Increase to 400-500 If too low: Increase to 400-500 If jumping around: Increase to 500+ → Longer lookback = more stable POC ``` --- ## ❓ FAQ **Q: Difference from CVD Divergence (standalone)?** A: This is the **complete package**: - Divergence tool = divergences only - This = divergences + POC + profile + zones - Use divergence tool for clean charts - Use this for full analysis **Q: Too slow/laggy?** A: Reduce computational load: ``` Profile Rows: 18 (from 24) Lookback: 100 (from 150) Max Zones: 5 (from 8) ``` **Q: No volume data error?** A: Symbol has no volume - Works: Futures, stocks, crypto - Maybe: Forex (broker-dependent) - Doesn't work: Some forex pairs **Q: Can I use just some features?** A: Absolutely! Toggle what you want: ``` Zones only: Turn off divergences + POC POC only: Turn off zones + divergences Divergences only: Turn off zones + POC + profile Mix and match as needed! ``` **Q: Best timeframe?** A: - **1m-5m**: Scalping (busy, many signals) - **15m**: Day trading ⭐ (recommended) - **1H-4H**: Swing trading (quality signals) - **Daily**: Position trading (very selective) **Q: Works on crypto/forex/stocks?** A: - ✅ Futures: Excellent - ✅ Stocks: Excellent - ✅ Crypto: Very good (major pairs) - ⚠️ Forex: Depends on broker volume --- ## 📈 Performance Expectations ### Realistic Win Rates | Strategy | Win Rate | Avg R/R | Trades/Week | |----------|----------|---------|-------------| | Early warnings only | 55-65% | 1:1.5 | 15-30 | | Confirmed only | 70-80% | 1:2 | 8-15 | | Divergence + Zone | 75-85% | 1:3 | 5-12 | | Full confluence (all 4) | 80-90% | 1:4+ | 3-8 | **Keys to success:** - Don't trade every signal - Wait for confluence - Proper risk management - Trade what you see, not what you think --- ## 🚀 Quick Start **New User (5 minutes):** 1. ✅ Add to 15m chart 2. ✅ Default settings work well 3. ✅ Watch for 1 week (don't trade yet!) 4. ✅ Note which setups work best 5. ✅ Backtest on 50+ signals 6. ✅ Start with small size 7. ✅ Scale up slowly **First Trade Checklist:** - Divergence + Zone/POC = confluence - Clear S/R level nearby - Risk/reward minimum 1:2 - Position size = 1% risk max - Stop loss placed - Target identified - Journal entry ready --- ## 📊 What Makes This Special? **Most indicators:** - Use RSI/MACD divergences (lagging) - Guess at S/R zones (subjective) - Don't show actual order flow **This indicator:** - Uses real CVD (actual volume delta) - Absorption-based zones (real orders) - Profile shows distribution (real activity) - POC shows equilibrium (real fair value) - All from one data source (coherent) **Result:** - Everything aligns - No conflicting signals - True order flow analysis - Professional-grade toolkit --- ## 🎯 Trading Philosophy **Remember:** - Indicator shows you WHERE to look - YOU decide whether to trade - Quality over quantity always - Risk management is #1 - Patience beats aggression **Best trades have:** - ✅ Multiple confluences - ✅ Clear risk/reward - ✅ Obvious invalidation point - ✅ Aligned with trend/context **Worst trades have:** - ❌ Single signal only - ❌ Poor location (middle of nowhere) - ❌ Unclear stop placement - ❌ Counter to all context --- ## ⚠️ Risk Disclaimer **Important:** - Past performance ≠ future results - All trading involves risk - Only risk what you can afford to lose - This is a tool, not financial advice - Use proper position sizing - Keep a trading journal - Consider professional advice **Your responsibility:** - Which setups to trade - Position size - Entry/exit timing - Risk management - Emotional control **Success = Tool + Strategy + Discipline + Risk Management** --- ## 📝 Version History **v1.0** - Current Release - CVD divergences (confirmed + early warning) - Point of Control (independent lookback) - CVD profile histogram - Supply/demand absorption zones - Value area visualization - 6 alert types - Full customization --- ## 💬 Community **Questions?** Drop a comment below **Success story?** Share with the community **Feature request?** Let me know **Bug report?** Provide details in comments --- **Happy Trading! 🚀📊** *Professional order flow analysis in one indicator.* **Like this?** ⭐ Follow for more quality tools!
Pine Script® indicator
by kb1ath
Candle Strength Analyzer by The Ultimate Bull Run# Candle Strength Analyzer ## 📊 Complete Beginner's Guide --- ### 🎯 What This Indicator Does The **Candle Strength Analyzer** measures how "strong" or "weak" each candlestick is and displays a **score from 0 to 100** above or below every candle. - **Green numbers** = Bullish (price went UP) - **Red numbers** = Bearish (price went DOWN) - **Gray numbers** = Doji (price barely moved) **Higher score = Stronger candle = More reliable signal** --- ### 🕯️ Understanding Candlesticks (The Basics) If you're new to trading, here's what a candlestick shows: ``` │ ← Upper Wick (prices that were rejected) │ ┌───┐ │ │ ← Body (the "real" price movement) │ │ • Green/White body = Price went UP (Bullish) │ │ • Red/Black body = Price went DOWN (Bearish) └───┘ │ │ ← Lower Wick (prices that were rejected) ``` **Key Terms:** - **Open**: The price when the candle started - **Close**: The price when the candle ended - **High**: The highest price during the candle - **Low**: The lowest price during the candle - **Body**: The rectangle between Open and Close - **Wick/Shadow**: The thin lines above and below the body --- ## 📐 The 4 Components of Candle Strength This indicator combines **4 measurements** to calculate the final strength score. Let's understand each one: --- ### 1️⃣ Body Ratio (30% of score) **What it is:** The percentage of the candle that is "body" versus "wicks." **Formula:** ``` Body Ratio = Size of Body ÷ Total Candle Size × 100 ``` **What it tells you:** - **High Body Ratio (70-100%)**: Bulls or bears were in FULL control. The price moved in one direction and STAYED there. This is strong. - **Low Body Ratio (0-30%)**: There was a fight. Price moved up AND down but ended up roughly where it started. This is weak/indecisive. **Visual Example:** ``` Strong Candle (90% body): Weak Candle (20% body): │ │ ┌───┐ │ │ │ ┌─┴─┐ │ │ ← Mostly body │ │ ← Tiny body │ │ └─┬─┘ └───┘ │ │ │ ``` **How to interpret:** | Body Ratio | Meaning | |------------|---------| | 90-100% | **Marubozu** - Extremely strong, full commitment | | 70-90% | **Strong** - Clear winner (bulls or bears) | | 40-70% | **Normal** - Typical market activity | | 10-40% | **Weak** - Significant indecision | | 0-10% | **Doji** - Complete indecision, no winner | --- ### 2️⃣ Close Position Score (25% of score) **What it is:** WHERE the candle closed within its range (high to low). **What it tells you:** - For a **bullish (green) candle**: Closing near the HIGH means buyers were still eager at the end = STRONG - For a **bearish (red) candle**: Closing near the LOW means sellers were still eager at the end = STRONG **Visual Example:** ``` Strong Bullish: Weak Bullish: (closes near high) (closes near middle) ┌───┐ ← Close here │ │ │ ┌─┴─┐ ← Close here │ │ │ │ │ │ │ │ └───┘ └───┘ │ │ ``` **Why it matters:** If price went UP but then sellers pushed it back down before the candle closed, that's a sign of weakness. The bulls couldn't hold their ground. **How to interpret:** | Close Position | For Bullish Candle | For Bearish Candle | |----------------|-------------------|-------------------| | 80-100% | Strong (near high) | Weak (near high) | | 50-80% | Moderate | Moderate | | 20-50% | Weak | Moderate | | 0-20% | Very Weak (near low) | Strong (near low) | --- ### 3️⃣ Relative Volume - RVOL (25% of score) **What is Volume?** Volume is the NUMBER of shares/contracts traded during that candle. Think of it as "how many people participated." **What is RVOL?** RVOL compares TODAY'S volume to the AVERAGE volume. **Formula:** ``` RVOL = Current Volume ÷ Average Volume (last 20 candles) ``` **What it tells you:** - **RVOL = 1.0**: Normal activity (same as average) - **RVOL = 2.0**: DOUBLE the normal activity (2x more traders involved) - **RVOL = 0.5**: HALF the normal activity (fewer traders involved) **Why it matters:** A big price move with LOW volume is suspicious - it might not last. A big price move with HIGH volume is confirmed - many traders agree. **Think of it like voting:** - High volume = Many people voted for this direction - Low volume = Only a few people voted, decision might change **How to interpret:** | RVOL | Meaning | Signal Quality | |------|---------|----------------| | 2.0+ | Very High - Institutional activity likely | ⭐⭐⭐ Excellent | | 1.5-2.0 | High - Significant interest | ⭐⭐ Good | | 1.0-1.5 | Above Average | ⭐ Acceptable | | 0.7-1.0 | Below Average | ⚠️ Caution | | < 0.7 | Low - Lack of interest | ❌ Unreliable | --- ### 4️⃣ Size vs ATR (20% of score) **What is ATR?** ATR stands for "Average True Range." It measures how much the price TYPICALLY moves. **What this component measures:** How big is THIS candle compared to how big candles USUALLY are? **Formula:** ``` ATR Ratio = This Candle's Size ÷ Average Candle Size (ATR) ``` **What it tells you:** - **ATR Ratio = 2.0**: This candle is TWICE as big as normal = Significant move - **ATR Ratio = 1.0**: This candle is normal sized - **ATR Ratio = 0.5**: This candle is HALF the normal size = Minor move **Why it matters:** A 50-point move in a stock that normally moves 100 points is small. A 50-point move in a stock that normally moves 20 points is HUGE. Context matters! **How to interpret:** | ATR Ratio | Meaning | |-----------|---------| | 2.0+ | **Expansion** - Unusually large move, potential breakout | | 1.5-2.0 | **Large** - Significant momentum | | 1.0-1.5 | **Above Average** - Notable move | | 0.5-1.0 | **Normal** - Typical movement | | < 0.5 | **Small** - Insignificant, might be noise | --- ## 🧮 How the Final Score is Calculated The indicator combines all 4 components with these weights: ``` Final Score = (Body Ratio × 30%) + (Close Position × 25%) + (RVOL Score × 25%) + (Size Score × 20%) ``` **Result: A score from 0 to 100** --- ## 📊 Understanding the Strength Score | Score | Classification | What It Means | Should You Trade It? | |-------|---------------|---------------|---------------------| | **70-100** | 🟢 STRONG | High conviction move, reliable signal | ✅ Yes - Good setup | | **40-70** | 🟡 MODERATE | Average move, needs confirmation | ⚠️ Maybe - Add other indicators | | **0-40** | 🔴 WEAK | Low conviction, unreliable | ❌ No - Wait for better setup | --- ## 🏷️ Special Pattern Markers The indicator also detects special candlestick patterns: ### ⚡ Power Candle **Requirements:** - Body Ratio > 70% (strong body) - RVOL > 1.5 (high volume) - Close Position > 80% (closes near the extreme) **What it means:** The BEST possible signal. Everything aligns perfectly. ### Ⓜ️ Marubozu **Requirements:** - Body Ratio > 90% (almost no wicks) **What it means:** Complete dominance by bulls or bears. Very strong continuation signal. ### ◆ High Volume Doji **Requirements:** - Doji candle (tiny body) - High volume **What it means:** Many traders are fighting, but no one won. Often signals a REVERSAL is coming. --- ## ⚙️ Settings Explained ### Volume Settings | Setting | Default | What It Does | |---------|---------|--------------| | Volume Lookback Period | 20 | How many candles to average for "normal" volume | | RVOL Threshold | 1.5 | What counts as "high" volume (1.5 = 50% above average) | ### ATR Settings | Setting | Default | What It Does | |---------|---------|--------------| | ATR Period | 14 | How many candles to calculate average movement | | ATR Multiplier | 1.5 | What counts as a "large" candle | ### Strength Thresholds | Setting | Default | What It Does | |---------|---------|--------------| | Strong Candle Threshold | 70 | Score needed to be "strong" | | Weak Candle Threshold | 30 | Score below this is "weak" | ### Label Filter (Important!) TradingView limits indicators to **500 labels maximum**. Use filters to see more history: | Filter Mode | Shows | Best For | |-------------|-------|----------| | All Candles | Every single candle | Short-term charts (5min, 15min) | | Strong Only (70+) | Only strong candles | Longer history, key signals only | | Moderate+ (40+) | Moderate and strong | Balance of detail and history | | Custom Minimum | Your choice | Full control | **Tip:** On daily charts, use "Strong Only" to see months of history instead of just a few weeks. ### Label Settings | Setting | What It Does | |---------|--------------| | Label Size | tiny / small / normal / large | | Show Decimal Places | Show "72.5" instead of "73" | | Label Style | With background bubble OR just text | --- ## 📖 How to Read the Info Table The table in the corner shows details for the CURRENT (most recent) candle: | Row | Meaning | |-----|---------| | **Candle Strength** | The final score (0-100) | | **Direction** | BULLISH / BEARISH / DOJI | | **Body Ratio** | Percentage of candle that is body | | **Close Position** | Where it closed (0-100) | | **Upper Wick** | Size of upper wick as % | | **Lower Wick** | Size of lower wick as % | | **RVOL** | Current volume vs average (1.5x = 50% above average) | | **Size/ATR** | Candle size vs average size | | **Classification** | STRONG / MODERATE / WEAK | | **Vol Confirmed** | Is volume above threshold? | | **Pattern** | Special pattern detected | --- ## 🎓 How to Use This Indicator ### Step 1: Add to Chart 1. Open Pine Editor in TradingView 2. Paste the code 3. Click "Add to Chart" ### Step 2: Adjust Filter (if needed) - If you see "max labels reached," change filter to "Strong Only (70+)" - This lets you see more candles in history ### Step 3: Look for Strong Signals Focus on candles with: - ✅ Score **70+** (bright green or red) - ✅ **RVOL > 1.5** (confirmed by volume) - ✅ Special markers (⚡, M, ◆) ### Step 4: Avoid Weak Signals Be careful with candles that have: - ❌ Score **below 40** (muted colors) - ❌ **RVOL < 1.0** (no volume confirmation) - ❌ Large wicks (rejection happened) --- ## 💡 Trading Tips for Beginners ### ✅ DO: 1. **Wait for strong candles (70+)** before entering trades 2. **Confirm with volume** - Look for RVOL > 1.5 3. **Use at support/resistance levels** - Strong candles at key levels are more meaningful 4. **Combine with other indicators** - RSI, MACD, or moving averages 5. **Practice on demo first** - Learn to recognize strong vs weak candles ### ❌ DON'T: 1. **Trade every candle** - Not all candles are worth trading 2. **Ignore volume** - A strong candle with low volume is suspicious 3. **Fight the trend** - Strong bearish candles in an uptrend might just be pullbacks 4. **Over-leverage** - Even strong signals can fail --- ## 📝 Quick Reference Cheat Sheet ``` STRONG CANDLE CHECKLIST: □ Score 70+ □ RVOL > 1.5 □ Body Ratio > 60% □ Close Position > 75% (bullish) or < 25% (bearish) □ At key support/resistance level WEAK CANDLE WARNING SIGNS: □ Score < 40 □ RVOL < 0.7 □ Large wicks (> 30%) □ Doji pattern □ Small candle (ATR Ratio < 0.5) ``` --- ## ⚠️ Important Disclaimers 1. **No indicator is 100% accurate** - Always use stop losses 2. **Past performance ≠ future results** - Markets change 3. **This is a tool, not a strategy** - Combine with other analysis 4. **Practice first** - Use paper trading before real money --- ## 🔔 Alerts Available Set alerts for: - Strong Bullish Candle (with volume confirmation) - Strong Bearish Candle (with volume confirmation) - Power Candle detected - Marubozu detected - High Volume Doji detected --- ## ❓ FAQ **Q: Why are some candles missing labels?** A: TradingView limits indicators to 500 labels. Use filters to see more history. **Q: The label colors are hard to see. Can I change them?** A: Yes! Go to Settings → Colors and customize all colors. **Q: Should I only trade strong candles?** A: Strong candles are MORE reliable, but not guaranteed. Always use proper risk management. **Q: What timeframe works best?** A: Works on all timeframes. Higher timeframes (4H, Daily) tend to have more reliable signals. **Q: Can I use this for crypto/forex/stocks?** A: Yes! This indicator works on any market with candlestick data and volume. --- ## 📚 Glossary | Term | Definition | |------|------------| | **Bullish** | Price is going UP / Buyers are winning | | **Bearish** | Price is going DOWN / Sellers are winning | | **Doji** | Candle where open and close are nearly equal (indecision) | | **Marubozu** | Candle with no wicks (full body) | | **RVOL** | Relative Volume - current volume vs average | | **ATR** | Average True Range - typical price movement | | **Wick/Shadow** | The thin lines above/below the candle body | | **Support** | Price level where buyers tend to step in | | **Resistance** | Price level where sellers tend to step in | | **Breakout** | When price moves beyond support/resistance | --- **Happy Trading! 📈** *Remember: The best traders are patient traders. Wait for strong setups.*
Pine Script® indicator
by TheUltimateBullRun
Order Flow Analysis [Master Alert]This script is a custom modification of the original "Order Flow Analysis" indicator by kingthies. I have taken the original code and engineered a "Master Alert" system into it. Here is the breakdown of what this specific script does: 1. The Core Purpose: "One Ring to Rule Them All" In the original script, if you wanted to catch every move, you would have to set up separate alerts for Divergences, Absorptions, Crosses, etc. This modified script combines all 8 possible signals into a single "Master Trigger." 2. What triggers the Alert? The alert will fire if ANY of the following 4 events happen on a candle: Divergence (The Arrows): Green Arrow: Price makes lower low, Pressure makes higher low (Bullish). Red Arrow: Price makes higher high, Pressure makes lower high (Bearish). Absorption (The Transparent Bars): Bull Absorption: Huge volume + Price won't drop (Hidden Buying). Bear Absorption: Huge volume + Price won't rise (Hidden Selling). Zero Line Crosses (The Sentiment Flip): Bull Cross: Pressure score flips from Negative to Positive. Bear Cross: Pressure score flips from Positive to Negative. Strong Zones (Turbo Mode): Strong Bull: Pressure score breaks above +50. Strong Bear: Pressure score breaks below -50. 3. How to Use It Add the script to your chart. Create an Alert. Select "Order Flow Master" as the Condition. Select "MASTER ALERT (All Signals)". Now, you will get a notification for every single significant event this indicator detects, without needing multiple alert slots.
Pine Script® indicator
by mysteriousad22
Kinetic EMA & Volume with State EngineKinetic EMA & Volume with State Engine (EMVOL) 1. Introduction & Concept The EMVOL indicator converts a dense family of EMA signals and volume flows into a compact “state engine”. Instead of looking at individual EMA lines or simple crossovers, the script treats each EMA as part of a kinetic vector field and classifies the market into interpretable states: - Trend direction and strength (from a grid of prime‑period EMAs). - Volume regime (expansion, contraction, climax, dry‑up). - Order‑flow bias via delta (buy versus sell volume). - A combined scenario label that summarises how these three layers interact. The goal is educational: to help traders see that moving averages and volume become more meaningful when observed as a structure, not as isolated lines. EMVOL is therefore designed as a real‑time teaching tool, not as an automatic signal generator. 2. Volume Settings Group: “Volume Settings” A. Calculation Method - Geometry (Source File) – Default mode. Buy and sell volume are estimated from each candle’s geometry: the close is compared to the high/low range and the bar’s total volume is split proportionally between buyers and sellers. This approximation works on any TradingView plan and does not require lower‑timeframe data. - Intrabar (Precise) – Reconstructs buy/sell volume using a lower timeframe via requestUpAndDownVolume(). The script asks TradingView for historical intrabar data (e.g., 15‑second bars) and builds buy/sell volume and delta from that stream. This mode can produce a more accurate view of order flow, but coverage is limited by your account’s history limits and the symbol’s available lower‑timeframe data. B. Intrabar Resolution (If Precise) - Intrabar Resolution (If Precise) – Selected only when the calculation method is “Intrabar (Precise)”. It defines which lower timeframe (for example 15S, 30S, 1m) is used to compute up/down volume. Smaller intrabar timeframes may give smoother and more granular deltas, but require more historical depth from the platform. When “Intrabar (Precise)” is active, the dashboard’s extended section shows the resolution and the number of bars for which precise volume has been successfully retrieved, in the format: - Mode: Intrabar (15S) – where N is the count of bars with valid high‑resolution volume data. In Geometry mode this counter simply reflects the processed bars in the current session. 3. Kinetic Vector Settings Group: “Kinetic Vector” A. Vector Window - Vector Window – Controls the temporal smoothing applied to the aggregated vectors (trend, volume, delta, etc.). Internally, each bar’s vector value is averaged with a simple moving window of this length. - Shorter windows make the state engine more reactive and sensitive to local swings. - Longer windows make the states more stable and better suited to higher‑timeframe structure. B. Max Prime Period - Max Prime Period – Sets the largest prime number used in the EMA grid. The engine builds a family of EMAs on prime lengths (2, 3, 5, 7, …) up to this limit and converts their slopes into angles. - A higher limit increases the number of long‑horizon EMAs in the grid and makes the vectors sensitive to broader structure. - A lower limit focuses the analysis on short- and medium‑term behaviour. C. Price Source - Price Source – The price series from which the kinetic EMA grid is built (e.g., Close, HLC3, OHLC4). Changing the source modifies the context that the state engine is reading but does not change the core logic. 4. State Engine Settings Group: “State Engine Settings” These inputs define how the continuous vectors are translated into discrete states. A. Trend Thresholds - Strong Trend Threshold – Value above which the trend vector is treated as “extreme bullish” and below which it is “extreme bearish”. - Weak Trend Threshold – Inner boundary between neutral and directional conditions. Roughly: - |trend| < weak → Neutral trend state. - weak < |trend| ≤ strong → Bullish/Bearish. - |trend| > strong → Extreme Bullish/Extreme Bearish. B. Volume Thresholds - Volume Climax Threshold – Upper bound at which volume is considered “climax” (unusually expanded participation). - Volume Expansion Threshold – Boundary for normal expansion versus contraction. Conceptually: - Volume above “expansion” indicates increasing activity. - Volume near or above “climax” marks extreme participation. - Negative values below the symmetric thresholds map to contraction and extreme dry‑up (liquidity vacuum) states. C. Delta Thresholds - Strong Delta Threshold – Cut‑off for extreme buying or selling dominance in delta. - Weak Delta Threshold – Threshold for mild buy/sell bias versus neutral order flow. Combined with the sign of the delta vector, these thresholds classify order flow as: - Extreme Buy, Buy‑Dominant, Neutral, Sell‑Dominant, Extreme Sell. D. State Hysteresis Bars - State Hysteresis Bars – Minimum number of bars for which a new state must persist before the engine commits to the change. This prevents the dashboard from flickering during fast spikes and emphasises persistent market behaviour. - Smaller values switch states quickly; larger values demand more confirmation. 5. Visual Interface Group: “Visual Interface” A. Ribbon Base Color - Ribbon Base Color – Base hue for the multi‑layer EMA ribbon drawn around price. The script plots a dense grid of hidden EMAs and fills the gaps between them to form a semi‑transparent band. Narrow, overlapping bands hint at compression; wider separation hints at dispersion across EMA horizons. B. Show Dashboard - Show Dashboard – Toggles the on‑chart table which summarises the current state engine output. Disable this if you only want to keep the EMA ribbon and volume‑based structure on the price chart. C. Color Theme - Color Theme – Switch between a dark and light style for the dashboard background and text colours so that the table matches your chart theme. D. Table Position - Table Position – Places the dashboard at any corner or edge of the chart (Top / Middle / Bottom × Left / Centre / Right). E. Table Size - Table Size – Changes the dashboard’s text size (Tiny, Small, Normal, Large). Use a larger size on high‑resolution screens or when streaming. F. Show Extended Info - Show Extended Info – Adds diagnostic rows under the main state summary: - Mode / Primes / Vector – Shows the current calculation mode (Geometry / Intrabar), the selected intrabar resolution and coverage in bars ( ), how many prime periods are active, and the vector window. - Values – Displays the current aggregated vectors: - P: price vector - V: volume vector - B: buy‑volume vector - S: sell‑volume vector - D: delta vector Values are bounded between ‑1 and +1. - Volume Stats – Prints the last bar’s raw buy volume, sell volume and delta as formatted numbers. - Footer – A final row with the symbol and current time: #SYMBOL | HH:MM. These extended rows are meant for inspecting how the engine is behaving under the hood while you scroll the chart and compare different assets or timeframes. 6. Language Settings Group: “Language Settings” - Select Language – Switches the entire dashboard between English and Turkish. The underlying calculations and scenario logic are identical; only the labels, titles and comments in the table are translated. 7. Dashboard Structure & Reading Guide The table summarises the current situation in a few rows: 1. System Header – Shows the script name and the active calculation method (“Geometry” or “Intrabar”). 2. Scenario Title – High‑level description of the current combined scenario (e.g., “Trending Buy Confirmed”, “Sideways Balanced”, “Bull Trap”, “Blow‑Off Top”). The background colour is derived from the scenario family (trending, compression, exhaustion, anomaly, etc.). 3. Bias / Trend Line – States the dominant trend bias derived from the trend vector (Extreme Bullish, Bullish, Neutral, Bearish, Extreme Bearish). 4. Signal / Consideration Line – A short sentence giving qualitative guidance about the current state (for example: continuation risk, exhaustion risk, trap‑like behaviour, or compression). This is deliberately phrased as a consideration, not as a direct trading signal. 5. Trend / Volume / Delta Rows – Three separate rows explain, in plain language, how the trend, volume regime and delta are classified at this bar. 6. Extended Info (optional) – Mode / primes / vector settings, current vector values, and last‑bar volume statistics, as described above. Together, these rows are meant to be read as a narrative of what price, volume and order‑flow are doing, not as mechanical instructions. 8. State Taxonomy The state engine organizes market behaviour in three stages. 8.1 Trend States (from the Price Vector) - Extreme Bullish Trend – The prime‑grid price vector is strongly upward; most EMAs are aligned to the upside. - Bullish Trend – Upward bias is present, but less extreme. - Neutral Trend – EMAs are mixed or flat; price is effectively sideways relative to the grid. - Bearish Trend – Downward bias, with the EMA grid sloping down. - Extreme Bearish Trend – Strong downside alignment across the grid. 8.2 Volume Regime States (from the Volume Vector) - Volume Climax (Buy‑Side) – Strong positive volume vector; participation is unusually high in the current direction. - Volume Expansion – Activity above normal but below the climax threshold. - Neutral Volume – No major expansion or contraction versus recent history. - Volume Contraction – Activity is drying up compared with the past. - Extreme Dry‑Up / Liquidity Vacuum – Very low participation; the market is thin and prone to slippage. 8.3 Delta Behaviour States (from the Delta Vector) - Extreme Buy Delta – Buying pressure dominates strongly. - Buy‑Dominant Delta – Buy volume exceeds sell volume, but not at an extreme. - Neutral Delta – Buy and sell flows are roughly balanced. - Sell‑Dominant Delta – Selling pressure dominates. - Extreme Sell Delta – Aggressive, one‑sided selling. 8.4 Combined Scenario State s EMVOL uses the three base states above to generate a single scenario label. These scenarios are designed to be read as context, not as entry or exit signals. Trending Scenarios 1. Trending Buy Confirmed - Bullish or extreme bullish trend, supported by expanding or climax volume and buy‑side delta. - Educational idea: a healthy uptrend where both participation and order flow agree with the direction. 2. Trending Buy – Weak Volume - Bullish trend, but volume is neutral, contracting or in dry‑up while delta is still buy‑side. - Educational idea: price is advancing, yet participation is thinning; trend continuation becomes more fragile. 3. Trending Sell Confirmed - Bearish or extreme bearish trend, with expanding or climax volume and sell‑side delta. - Educational idea: strong downtrend with both volume and order‑flow confirmation. 4. Trending Sell – Weak Volume - Bearish trend, but volume is neutral, contracting or very low while delta remains sell‑side. - Educational idea: downside continues but with limited participation; vulnerable to short‑covering. Sideways / Range Scenarios 5. Sideways Balanced - Neutral trend, neutral delta, neutral volume. - Classic range environment; low directional edge, suitable for observation and context rather than trend trading. 6. Sideways with Buy Pressure - Neutral trend, but buy‑side delta is dominant or extreme. - Range with latent accumulation: price may still appear sideways, but buyers are quietly more active. 7. Sideways with Sell Pressure - Neutral trend with dominant or extreme sell‑side delta. - Distribution‑like environment where price chops while sellers are gradually more aggressive. Exhaustion & Volume Extremes 8. Exhaustion – Buy Risk - Extreme bullish trend, volume climax and strong buy‑side delta. - Educational idea: very strong up‑move where both participation and delta are already stretched; risk of exhaustion or blow‑off. 9. Exhaustion – Sell Risk - Extreme bearish trend, volume dry‑up and strong sell‑side delta. - Suggests one‑sided selling into increasingly thin liquidity. 10. Volume Climax (Buy) - Neutral trend, neutral delta, but volume at climax levels. - Often associated with a “big event” bar where participation spikes without a clear directional commitment. 11. Volume Climax (Sell / Dry‑Up) - Neutral trend and neutral delta, while the volume vector indicates an extreme dry‑up. - Highlights a stand‑still episode: very limited interest from both sides, increasing the sensitivity to future impulses. Divergences 12. Divergence – Bullish Context - Bullish or extreme bullish trend, but delta has faded back to neutral. - Price trend continues while order‑flow conviction softens; can precede pauses or complex corrections. 13. Divergence – Bearish Context - Bearish or extreme bearish trend with a neutral delta. - Downtrend persists, but selling pressure no longer dominates as clearly. Consolidation & Compression 14. Consolidation - Default state when no specific pattern dominates and the market is broadly balanced. - Educational use: treat this as a “no strong edge” label; focus on structure rather than direction. 15. Breakout Imminent - Neutral trend with contracting volume. - Compression phase where energy is building up; often precedes transitions into trending or shock scenarios. Traps & Hidden Divergences 16. Bull Trap - Bullish trend, with neutral or contracting volume and sell‑side delta. - Price appears strong, but order‑flow shifts against it; often seen near fake breakouts or failing rallies. 17. Bear Trap - Bearish trend, neutral or contracting volume, but buy‑side delta. - Downtrend “looks” intact, while buyers become more aggressive underneath the surface. 18. Hidden Bullish Divergence - Bullish trend, contracting volume, but strong buy‑side delta. - Educational idea: price dips or slows while aggressive buyers step in, often inside an ongoing uptrend. 19. Hidden Bearish Divergence - Bearish trend, volume expansion and strong sell‑side delta. - Reinforced downside pressure even if price is temporarily retracing. Reversal & Transition Patterns 20. Reversal to Bearish - Neutral trend, volume climax and strong sell‑side delta. - Suggests that heavy selling appears at the top of a move, turning a previously neutral or rising context into potential downside. 21. Reversal to Bullish - Neutral trend, extreme volume dry‑up and strong buy‑side delta. - Often associated with selling exhaustion where buyers start to take control. 22. Indecision Spike - Neutral trend with extreme volume (climax or dry‑up) but neutral delta. - Crowd participation changes sharply while order‑flow remains undecided; treat as an informational spike rather than a direction. Extended Compression & Acceleration 23. Coiling Phase - Neutral trend, contracting volume, and delta that is neutral or only mildly one‑sided. - Extended compression where price, volume and delta all contract into a tightly coiled range, often preceding a strong move. 24. Bullish Acceleration - Bullish trend with volume expansion and strong buy‑side delta. - Uptrend not only continues but gains kinetic strength; educationally, this illustrates how trend, volume and delta align in the strongest phases of a move. 25. Bearish Acceleration - Bearish trend with volume expansion and strong sell‑side delta. - Mirror image of Bullish Acceleration on the downside. Trend Exhaustion & Climax Reversal 26. Bull Exhaustion - Bullish or extreme bullish trend, with contraction or dry‑up in volume and buy‑side or neutral delta. - The move has already travelled far; participation fades while price is still elevated. 27. Bear Exhaustion - Bearish or extreme bearish trend, with volume climax or contraction and sell‑side or neutral delta. - Down‑move may be approaching a point where additional selling pressure has diminishing impact. 28. Blow‑Off Top - Extreme bullish trend, volume climax and extreme buy delta all at once. - Classic blow‑off behaviour: price, volume and order‑flow are simultaneously stretched in the same direction. 29. Selling Climax Reversal - Extreme bearish trend with extreme volume dry‑up and extreme sell‑side delta. - Marks a very aggressive capitulation phase that can precede major rebounds. Advanced VSA / Anomaly Scenarios 30. Absorption - Typically neutral trend with expanding or climax volume and extreme delta (either buy or sell). - Educational focus: large participants are aggressively absorbing liquidity from the opposite side, while price remains relatively contained. 31. Distribution - Scenario where volume remains elevated while directional conviction weakens and the trend slows. - Represents potential “selling into strength” or “buying into weakness”, depending on the active side. 32. Liquidity Vacuum - Combination of thin liquidity (extreme dry‑up) with a directional trend or strong delta. - Highlights environments where even small orders can move price disproportionately. 33. Anomaly / Shock Event - Triggered when the vector z‑scores detect rare combinations of price, volume and delta behaviour that deviate from their own historical distribution. - Intended as a warning label for unusual events rather than a specific tradeable pattern. 9. Educational Usage Notes - EMVOL does not produce mechanical “buy” or “sell” commands. Instead, it classes each bar into an interpretable state so that traders can study how trends, volume and order‑flow interact over time. - A common exercise is to overlay your usual EMA crossovers, support/resistance or price patterns and observe which EMVOL scenarios appear around entries, exits, traps and climaxes. - Because the vectors are normalized (bounded between ‑1 and +1) and then discretized, the same conceptual states can be compared across different symbols and timeframes. 10. Disclaimer & Educational Purpose This indicator is provided strictly as an educational and analytical tool. Its purpose is to help visualise how price, volume and order‑flow interact; it is not designed to function as a stand‑alone trading system. Please note: 1. No Automated Strategy – The script does not implement a complete trading strategy. Scenario labels and dashboard messages are descriptive and should not be followed as unconditional entry or exit signals. 2. No Financial Advice – All information produced by this indicator is general market analysis. It must not be interpreted as investment, financial or trading advice, or as a recommendation to buy or sell any instrument. 3. Risk Warning – Trading and investing involve substantial risk, including the risk of loss. Always perform your own analysis, use appropriate position sizing and risk management, and consult a qualified professional if needed. You are solely responsible for any decisions made using this tool. 4. Data Precision & Platform Limits – The “Intrabar (Precise)” mode depends on the availability of high‑resolution historical data at the chosen intrabar timeframe. If your TradingView plan or the symbol’s history does not provide sufficient depth, this mode may only partially cover the visible chart. In such cases, consider switching to “Geometry (Source File)” for a fully populated view.
Pine Script® indicator
by ata_sabanci
2
Dual SMT - Standard & Hidden [Pogiest]General Smart Money Technique (SMT) involves identifying divergences in a correlated asset triad to predict new phases of price, a shift in market sentiment, and also potential trend reversals. An SMT divergence occurs when one or two assets makes a new high or low, but the other asset or assets does not, signaling a potential shift in market direction. A Hidden SMT Divergence occurs when one or two assets’ closing price closes higher or lower than the other one or two assets’ closing price. However, with potential gaps in price, an opening price can also be the extreme when comparing assets for divergences. Hidden SMT divergence compares the candle bodies while a Standard SMT divergence compares the highs and lows. Both types of SMTs are considered to be cracks in correlation and can be used to identify potential new phases of price whether it be a reversal, retracement, consolidation, and continuation. Note: Credit of concepts/ideas goes to ICT and TraderDaye. What Makes This Indicator Unique The indicator has the ability to display Standard SMTs, Hidden SMTs, or both simultaneously in real-time, tick by tick in the time period selected in a correlated asset triad. Toggle modes for each type of SMT will run independently (runs when enabled) and therefore, optimizes performance. Option to select three different tickers in settings instead of limiting analysis to pairs makes this indicator more versatile. In addition, the indicator has “Invert” toggle options to track both Standard and Hidden SMTs for assets with negative correlations. Instead of confirming SMT by selecting the number of pivots to look back for detection and confirmation, lines will be plotted on the chart on the first tick it detects a divergence. This can help traders anticipate SMTs in advance and give early warnings instead of waiting for a pivot confirmation. Active lines are displayed on the chart when the indicator identifies a divergence from the current time range to the previous time range in a correlated asset triad. These lines will move dynamically tick by tick on the chart and are anchored to the exact high/lows (Standard SMT) or bodies extremes (Hidden SMT). For inverted symbols, the lines will plot at the inverted anchor points. If new extremes are being made, the lines will move dynamically with the current forming candle for visual precision. During the current time period, the indicator continues to scan for new highs/lows as well as scanning the body high/lows while making line adjustments automatically. Lines will get deleted once the SMT becomes invalid. The indicator is also designed for consecutive time ranges or cycles. Users are able to select the timeframe to monitor divergences which the indicator has multiple options to choose from including the most used timeframes (i.e. Monthly, Weekly, Daily, 6HR, 4HR, 90M, 1HR, 30M, 15M, etc). For example, if the 90m timeframe is selected, then the indicator will scan for divergences at the extremes in the current 90m cycle and compare the extremes to the previous 90m cycle. The indicator is designed to work when viewing lower timeframes while selecting higher timeframe cycles in settings. There are four separate alert systems included in this indicator consisting of Standard bull/bear and Hidden bull/bear. Indicator is mode-aware and only triggers when alerts are enabled. Dynamic Capabilities Active (Real-Time): For Standard SMT (High/Low), the indicator scans for divergences using the absolute highs and lows of each candle: • Bull SMT: Compares the lowest points (wicks included). • Bear SMT: Compares the highest points (wicks included). In addition to SMT lines being plotted immediately after detection and lines moving dynamically at new high/low extremes, the indicator will remove the SMT automatically at the first tick it detects the divergence becoming invalid (i.e. all assets made a higher high or lower low in two consecutive time periods). Standard SMT labels are displayed as "SMT - TF" and are anchored to the center of the SMT line. For Hidden SMT (Bodies), the indicator scans for divergences using only the candle body extremes (open/close, ignoring wicks): • Bull SMT: Compares the lowest body prices (min of open/close) - divergence based on where bodies close, not wicks. • Bear SMT: Compares the highest body prices (max of open/close) - divergence based on where bodies close, not wicks. In addition to SMT lines being plotted immediately after detection and lines moving dynamically following the body high/low extremes, the indicator will remove the SMT automatically once the divergence becomes invalid (i.e. all assets made a higher high or lower low with the body extremes in two consecutive time periods). Hidden SMT labels are displayed as "SMT - TF" and are anchored to the center of the SMT line. Historical (Fixed Plotting): Once an SMT divergence (Standard or Hidden) was active and the current time range completes, the SMT line will be plotted and fixed on the chart as a historical line as the new time range starts. When the new time range starts, the cycle resets and the indicator scans for a new active SMT line in the current time range compared to the previous time range. Historical lines are stored for Standard SMT (up to 5) and Hidden SMT (up to 5) for the most recent lines. Inverse SMT lines (Negative Correlation): Assets with a negative correlation can be selected in settings with the Invert toggle option selected in settings. SMT divergences for both Standard and Hidden SMTs will be plotted on the chart at their respective anchor points from the previous time cycle to the current time cycle. Lines will behave normally as how it functions when the invert toggle is deselected. However, the lines are inverted on the chart with bullish SMT lines at the highs or bearish SMT lines at the lows. Usage Traders can use both types of SMT divergences to anticipate potential reversals in points of interest such as higher timeframe swing points, supply/demand zones, higher timeframe imbalances, key levels, etc. This indicator can also be beneficial in identifying cracks in correlation via Hidden SMT when there are no divergences off the highs and lows. SMT divergences (standard and hidden) can be used as a confirmation tool with other confluences to identify trend direction with respect to points of interest, higher timeframe order-flow, lower timeframe order-flow, etc. In addition, having both a Standard SMT and Hidden SMT divergence display could potentially signal a reversal. It is up to the trader to gauge the price action at the time. Settings 1. Choose up to three different assets to monitor. Note: If only two are selected, the indicator will only display the two selected and compare the two assets for divergences. 2. Choose up to one timeframe to monitor. 3. Enable/disable Invert mode. 4. For Standard and Hidden SMT: Enable/disable SMT-Active lines, option to change line style, line width, bull SMT line color, bear SMT line color, and bull/bear label text color. 5. For Standard and Hidden SMT: Enable/disable Historical SMT lines, adjust max historical SMT signals to be displayed (up to 5), option to change line style, line width, bull SMT line color, bear SMT line color, and bull/bear label text color. 6. For Standard and Hidden SMT: Show/hide SMT Labels and adjustable label offset. 7. Shared Label Settings: Adjust label size. 8. Enable/disable SMT Active alerts for Standard and Hidden SMT. Risk Disclaimer This indicator is for educational and informational purposes only and does not constitute financial advice. All trading and investment decisions remain solely the responsibility of the user. Trading involves a high degree of risk, and past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial professional before making any trading decisions. By using this indicator, users acknowledge they understand these risks and accept full responsibility for their trading decisions and outcomes.
Pine Script® indicator
by Pogiest
(QUANTLABS) Fractal God Mode: 25-Timeframe Scanner The indicator aggregates data into three distinct metric columns: 1. STRUCT (Market Structure) This analyzes price action relative to Fractal Pivots (Highs and Lows) to determine market direction. HH (Breakout): Price has closed above the previous Pivot High. (Bullish Structure) LL (Breakdown): Price has closed below the previous Pivot Low. (Bearish Structure) TRAPPED: Price is trading between the last Pivot High and Low. This indicates a ranging market where trend trades should be avoided. 2. VELOCITY (Thrust) This measures the specific strength of the current candle on that timeframe. The Math: It calculates the ratio of the body (Close - Open) relative to the total candle range (High - Low). The Signal: High positive numbers (Green) indicate buyers are closing near highs. High negative numbers (Red) indicate sellers are dominating the range. 3. QUALITY (Efficiency Ratio) This acts as a "Noise Filter." It determines if the trend is moving in a straight line or whipping back and forth. The Math: It divides the Net Price Movement (Distance from 5 bars ago) by the Total Path Traveled (Sum of the ranges of the last 5 bars). PRISTINE (Values > 0.6): The market is moving efficiently in one direction. CHOPPY (Values < 0.4): The market is volatile and non-directional (High Noise). 1. The Matrix (Dashboard) Located in the bottom right, this table gives you an instant read on Short-Term (3m-9m), Medium-Term (10m-45m), and Long-Term (1H-Daily) trends. 2. Coherence Flow At the bottom of the table, the script sums up the structural score of all 25 timeframes. COHERENT BULL: When the Short, Medium, and Long terms align green. COHERENT BEAR: When the Short, Medium, and Long terms align red. 3. God Mode (Global S/R) The indicator can plot Support and Resistance levels from higher timeframes onto your current chart. For example, while trading the 5m chart, you can see the 4H and Daily pivot levels plotted automatically as dotted lines, ensuring you never trade blindly into a higher-timeframe wall. Trend Following: Wait for the "Coherent Bull/Bear" signal at the bottom of the dashboard. This confirms that momentum is aligned from the 3m chart up to the Daily. Scalping: Focus on the Quality column. Only take trades when the Quality is "CLEAN" or "PRISTINE." Avoid entries when the dashboard warns of "High Noise" (Choppy). Risk Management: If the dashboard shows "TRAPPED" on the Long Term (1H+), reduce position size or wait for a breakout. Pivot Lookback: Adjusts the sensitivity of the Fractal Structure (Default: 5). Show Fractal DNA Matrix: Toggles the dashboard table. Show ALL Timeframe S/R: Enables "God Mode" to see supports/resistances from all 25 timeframes (Heavy visual processing, use carefully).
Pine Script® indicator
by CustomQuantLabs
DeltaBurst Locator ## DeltaBurst Locator DeltaBurst Locator is a sponsorship detector that divides OBV impulse by price thrust, normalizes the ratio, and cross-checks it against a higher timeframe confirmation stream. The oscillator turns the abstract "is this move real?" question into a precise number, exposing accumulation, distribution, and exhaustion across futures and stocks. HOW IT WORKS OBV Impulse vs. Price Change – Smoothed deltas of On-Balance Volume and price are ratioed, then normalized using a hyperbolic tangent function to prevent single prints from dominating. Signal vs. Confirmation – A short EMA produces the execution signal while a higher-timeframe request.security() feed validates whether broader flows agree. Spectrum Classification – Expansion/compression metrics grade whether current aggression is intense or fading, while ±0.65 bands define exhaust/vacuum zones. Slope Divergences – Linear regression slopes on both price and the ratio expose bullish/bearish sponsorship mismatches before candles reverse. HOW TO USE IT Breakout Validation : Only chase breakouts when both local and higher-timeframe ratios are on the same side of zero; mixed signals suggest liquidity is fading. Absorption Trades : When the histogram spikes beyond ±0.65 but the EMA lags, expect absorption; combine with price structure for pinpoint reversals. News/Event Monitoring : During earnings or macro releases, watch for ratio collapses with price still rising—this flags forced moves driven by hedging rather than real demand. VISUAL FEATURES Color logic: Positive sponsorship fills teal, negative fills crimson against the zero line, making intent obvious at a glance. Optional markers: Burst triangles and divergence dots can be enabled when you need explicit annotations or left off for a minimalist panel. Compression heatmap: Background shading communicates whether the market is coiling (high compression) or erupting (low compression). Dashboard: Displays the live ratio, higher-timeframe ratio, and agreement state to speed up scanning across tickers. PARAMETERS Fast Pulse Length (default: 5): Controls the smoothing window for price change detection. Slow Equilibrium Length (default: 34): Window for expansion/compression calculation. OBV Smooth (default: 8): Smoothing period for OBV impulse calculation. Ratio Ceiling (default: 3.0): Controls how aggressively values saturate; raise for high-volatility tickers. Signal EMA (default: 4): EMA period for the signal line. Confirmation Timeframe (default: 240): Pick a higher anchor (e.g., 4H) to validate intraday moves. Divergence Window (default: 21): Window for slope-based divergence detection. Show Burst Markers (default: disabled): Toggle burst triangles on demand. Show Divergence Markers (default: disabled): Toggle divergence dots on demand. Show Delta Dashboard (default: enabled): Hide when screen space is limited; leave on for desk broadcasts. ALERTS The indicator includes four alert conditions: DeltaBurst Bull: Spotted a bullish liquidity burst DeltaBurst Bear: Spotted a bearish liquidity burst DeltaBurst Bull Div: Detected bullish sponsorship divergence DeltaBurst Bear Div: Detected bearish sponsorship divergence Hope you enjoy!
Pine Script® indicator
by officialjackofalltrades
MTC – Multi-Timeframe Trend Confirmator V2MTC – Multi-Timeframe Trend Confirmator V2 A comprehensive trend analysis indicator that systematically combines six technical indicators across three customizable timeframes, using a weighted scoring system to identify high-probability trend conditions. ORIGINALITY AND CONCEPT This indicator is original in its approach to multi-timeframe trend confirmation. Rather than relying on a single indicator or timeframe, it creates a composite score by evaluating six different technical conditions simultaneously across three timeframes. The scoring system weighs certain indicators more heavily based on their reliability in trend identification. The visual gauge provides an at-a-glance view of trend alignment across timeframes, making it easier to identify when multiple timeframes agree - a condition that typically produces stronger, more reliable trends. HOW IT WORKS - DETAILED SCORING METHODOLOGY The indicator evaluates six technical conditions on each timeframe. Each condition contributes to a composite score: EMA 200 (Weight: 1 point) Bullish: Price closes above EMA 200 (+1) Bearish: Price closes below EMA 200 (-1) Rationale: Long-term trend direction SMA 50/200 Crossover (Weight: 1 point) Bullish: SMA 50 above SMA 200 (+1) Bearish: SMA 50 below SMA 200 (-1) Rationale: Golden/Death cross confirmation RSI 14 (Weight: 1 point) Bullish: RSI above 55 (+1) Bearish: RSI below 45 (-1) Neutral: RSI between 45-55 (0) Rationale: Momentum filter with buffer zone to avoid chop MACD (12,26,9) (Weight: 1 point) Bullish: MACD line above signal line (+1) Bearish: MACD line below signal line (-1) Rationale: Trend momentum confirmation ADX 14 (Weight: 2 points - DOUBLE WEIGHTED) Requires ADX above 25 to activate Bullish: DI+ above DI- and ADX > 25 (+2) Bearish: DI- above DI+ and ADX > 25 (-2) Neutral: ADX below 25 (0) Rationale: Trend strength filter - only counts when a strong trend exists. Double weighted because ADX is specifically designed to measure trend strength, making it more reliable than oscillators. Supertrend (Factor: 3.0, ATR Period: 10) (Weight: 2 points - DOUBLE WEIGHTED) Bullish: Direction indicator = -1 (+2) Bearish: Direction indicator = +1 (-2) Rationale: Dynamic support/resistance that adapts to volatility. Double weighted because Supertrend provides clear, objective trend signals with built-in stop-loss levels. COMPOSITE SCORE CALCULATION: Total possible score range: -10 to +10 points Score interpretation: Score > 2: UPTREND (majority of indicators bullish, especially weighted ones) Score < -2: DOWNTREND (majority of indicators bearish, especially weighted ones) Score between -2 and +2: NEUTRAL/RANGING (mixed signals or weak trend) The threshold of +/- 2 was chosen because it requires more than just basic agreement - it typically means at least 3-4 indicators align, or that the heavily-weighted indicators (ADX, Supertrend) confirm the direction. MULTI-TIMEFRAME LOGIC: The indicator calculates the composite score independently for three timeframes: Higher Timeframe (default: 4H) - Major trend direction Mid Timeframe (default: 1H) - Intermediate trend Lower Timeframe (default: 15min) - Entry timing Main Trend Confirmation Rule: The indicator only signals a confirmed trend when BOTH the higher timeframe AND mid timeframe scores agree (both > 2 for uptrend, or both < -2 for downtrend). This dual-timeframe confirmation significantly reduces false signals during choppy or ranging markets. HOW TO USE IT Setup: Add indicator to chart Customize timeframes based on your trading style: Scalpers: 15min, 5min, 1min Day traders: 4H, 1H, 15min (default) Swing traders: Daily, 4H, 1H Toggle individual indicators on/off based on your preference Adjust Supertrend parameters if needed for your instrument's volatility Reading the Gauge (Top Right Corner): Each row shows one timeframe Left column: Timeframe label Middle column: Visual strength bars (10 bars = maximum score) Green bars = Bullish score Red bars = Bearish score Yellow bars = Neutral/ranging More filled bars = stronger trend Right column: Numerical score Trading Signals: Entry Signals: Long Entry: Wait for upward triangle arrow (appears when higher + mid TF both bullish) Confirm gauge shows green bars on higher and mid timeframes Lower timeframe should ideally turn green for entry timing Chart background tints light green Short Entry: Wait for downward triangle arrow (appears when higher + mid TF both bearish) Confirm gauge shows red bars on higher and mid timeframes Lower timeframe should ideally turn red for entry timing Chart background tints light red Position Management: Stay in position while higher and mid timeframes remain aligned Consider reducing position size when mid timeframe score weakens Exit when higher timeframe trend reverses (daily label changes) Avoiding False Signals: Ignore signals when gauge shows mixed colors across timeframes Avoid trading when scores are close to threshold (+/- 2 to +/- 4 range) Best trades occur when all three timeframes align (all green or all red in gauge) Use the numerical scores: higher absolute values (7-10) indicate stronger, more reliable trends Practical Examples: Example 1 - Strong Uptrend Entry: Higher TF: +8 (strong green bars) Mid TF: +6 (strong green bars) Lower TF: +4 (moderate green bars) Action: Look for long entries on lower timeframe pullbacks Background is tinted green, upward arrow appears Example 2 - Ranging Market (Avoid): Higher TF: +3 (weak green) Mid TF: -1 (weak red) Lower TF: +2 (neutral yellow) Action: Stay out, wait for alignment Example 3 - Trend Reversal Warning: Higher TF: +7 (still green) Mid TF: -3 (turned red) Lower TF: -5 (strong red) Action: Consider exiting longs, prepare for potential higher TF reversal Customization Options: Timeframes: Adjust all three to match your trading horizon Indicator Toggles: Disable indicators that don't suit your instrument: Disable RSI for highly volatile crypto markets Disable SMA crossover for range-bound instruments Keep ADX and Supertrend enabled for trending markets Visual Preferences: Arrow size: 5 options from Tiny to Huge Gauge size: Small/Medium/Large for different screen sizes Toggle arrows on/off if you only want the gauge Alert Setup: Right-click chart, "Add Alert" Condition: MTC v6 - UPTREND or DOWNTREND Get notified when multi-timeframe confirmation occurs Best Practices: Use with Price Action: The indicator works best when combined with support/resistance levels, chart patterns, and volume analysis Risk Management: Even with multi-timeframe confirmation, always use stop losses Market Context: Works best in trending markets; less reliable in strong consolidation Backtesting: Test the default settings on your specific instrument and timeframe before live trading Patience: Wait for full multi-timeframe alignment rather than taking premature signals Technical Notes: All calculations use Pine Script's security function to fetch data from multiple timeframes Prevents repainting by using confirmed bar data Gauge updates in real-time on the last bar Daily labels mark at the open of each new daily candle Works on all instruments and timeframes This indicator is ideal for traders who want objective, systematic trend identification without the complexity of analyzing multiple indicators manually across different timeframes. -NATANTIA
Pine Script® indicator
by Natantia
CVD [able0.1]# CVD Overlay iOS Style - Complete User Guide ## 📖 Table of Contents 1. (#what-is-cvd) 2. (#installation-guide) 3. (#understanding-the-display) 4. (#reading-the-info-table) 5. (#settings--customization) 6. (#trading-strategies) 7. (#common-mistakes-to-avoid) --- ## 🎯 What is CVD? **CVD (Cumulative Volume Delta)** tracks the **difference between buying and selling pressure** over time. ### Simple Explanation: - **Positive CVD** (Orange) = More buying than selling = Bulls winning - **Negative CVD** (Gray) = More selling than buying = Bears winning - **Rising CVD** = Increasing buying pressure = Potential uptrend - **Falling CVD** = Increasing selling pressure = Potential downtrend ### Why It Matters: CVD helps you see **who's really in control** of the market - not just price movement, but actual buying/selling volume. --- ## 🚀 Installation Guide ### Step 1: Open Pine Editor 1. Go to TradingView 2. Click the **"Pine Editor"** tab at the bottom of the screen 3. Click **"New"** or open an existing script ### Step 2: Copy & Paste the Code 1. Select all existing code (Ctrl+A / Cmd+A) 2. Delete it 3. Copy the entire CVD iOS Style code 4. Paste it into Pine Editor ### Step 3: Add to Chart 1. Click **"Save"** button (or Ctrl+S / Cmd+S) 2. Click **"Add to Chart"** button 3. The indicator will appear on your chart! ### Step 4: Initial Setup - The indicator appears as an **overlay** on your price chart - You'll see an **orange/gray line** following price - An **info table** appears in the top-right corner --- ## 📊 Understanding the Display ### Main Chart Elements: #### 1. **CVD Line** (Orange/Gray) - **Orange Line** = Positive CVD (buying pressure) - **Gray Line** = Negative CVD (selling pressure) - This line moves with your price chart but shows volume delta #### 2. **CVD Zone** (Shaded Area) - Light shaded box around the CVD line - Shows the "range" of CVD movement - Helps visualize CVD boundaries #### 3. **Center Line** (Dotted) - Gray dotted line in the middle of the zone - Represents the "neutral" point - CVD crossing this = shift in market control #### 4. **Reference Asset Line** (Light Gray) - Shows Bitcoin (BTC) price movement for comparison - Helps you see if your asset moves with or against BTC - Can be changed to any asset you want #### 5. **CVD Label** - Shows current CVD value - Positioned above/below zone to avoid overlap - Updates in real-time #### 6. **Reset Background** (Very Light Gray) - Appears when CVD resets - Indicates a new calculation period --- ## 📋 Reading the Info Table The info table (top-right) shows **8 key metrics**: ### Row 1: **Header** ``` ╔═ CVD able ═╗ | 15m | ████████ | able ``` - **CVD able** = Indicator name + creator - **15m** = Current timeframe - **████████** = Visual decoration - **able** = Creator signature ### Row 2: **CVD Value** ``` CVD▲ | 7.39K | ████████ | █ █ █ ``` - **CVD▲** = CVD with trend arrow - ▲ = CVD increasing - ▼ = CVD decreasing - ► = CVD unchanged - **7.39K** = Actual CVD number - **Progress Bar** = Visual strength (darker = stronger) - **Vertical Bars** = Height shows intensity ### Row 3: **Delta** ``` ◆DELTA | -1.274K | ████░░░░ | ░ ░ ``` - **Delta** = Volume change THIS BAR ONLY - **Negative** = More selling this bar - **Positive** = More buying this bar - Shows **immediate** pressure (not cumulative) ### Row 4: **UP Volume** ``` UP↑ | -1.263K | ████████ | █ █ █ ``` - Total **buying volume** this bar - Higher = Stronger buying pressure - Green/Orange vertical bars = Bullish strength ### Row 5: **DOWN Volume** ``` DN↓ | 2.643K | ████████ | ░ ░ ░ ``` - Total **selling volume** this bar - Higher = Stronger selling pressure - Gray vertical bars = Bearish strength ### Row 6-7: **Reference Asset** (if enabled) ``` ══ REF ══ | ══════ | ████████ | █ █ PRICE▲ | 4130.300 | ████████ | █ █ ``` - **REF** = Reference asset header - **PRICE▲** = Reference price with trend - Shows if BTC (or chosen asset) is rising/falling - Compare with your chart to see correlation ### Row 8: **Market Status** ``` ◄STATUS► | NEUT | ████░░░░ | ▒ ▒ ``` - **BULL** = CVD positive + Delta positive = Strong buying - **BEAR** = CVD negative + Delta negative = Strong selling - **NEUT** = Mixed signals = Wait for clarity **Status Colors:** - **Orange background** = Bullish (good for long) - **Gray background** = Bearish (good for short) - **White background** = Neutral (no clear signal) --- ## ⚙️ Settings & Customization ### Main Settings (⚙️) #### **CVD Reset** - **None** = CVD never resets (from beginning of data) - **On Higher Timeframe** = Resets when HTF candle closes - 15m chart → Resets hourly - 1h chart → Resets daily - Recommended for most traders - **On Session Start** = Resets at market open - **On Visible Chart** = Resets from leftmost visible bar #### **Precision** - **Low (Fast)** = Uses 1m data, faster but less accurate - **Medium** = Uses 5m data, balanced (recommended) - **High** = Uses 15m data, most accurate but slower #### **Cumulative** - ✅ On = CVD accumulates over time (recommended) - ❌ Off = Shows only current bar delta #### **Show Labels** - ✅ On = Shows CVD value label on chart - ❌ Off = Cleaner chart, no label #### **Show Info Table** - ✅ On = Shows info table (recommended for beginners) - ❌ Off = Hide table for minimalist view --- ### 🎨 iOS Style Colors You can customize **every color** to match your chart theme: #### **Primary Colors** - **Primary (Orange)** = Main bullish color (#FF9500) - **Secondary (Gray)** = Main bearish color (#8E8E93) - **Background** = Table background (#FFFFFF) - **Text** = Text color (#1C1C1E) #### **Bullish/Bearish** - **Bullish (Orange)** = Positive CVD color - **Bearish (Gray)** = Negative CVD color - **Opacity** = Zone transparency (0-100%) - **Show Zone** = Enable/disable shaded area #### **Table Colors** (📋) - **Header Background** = Top row background - **Header Text** = Top row text color - **Cell Background** = Data cells background - **Cell Text** = Data cells text color - **Border** = Table border color - **Accent Background** = Special rows background - **Alert Background** = Warning/status background --- ### 📊 Reference Asset Settings #### **Enable** - ✅ On = Shows reference asset line - ❌ Off = Hide reference asset #### **Symbol** - Default: `BINANCE:BTCUSDT` - Can change to any asset: - `BINANCE:ETHUSDT` (Ethereum) - `SPX` (S&P 500) - `DXY` (US Dollar Index) - Any ticker symbol #### **Color & Width** - Customize line appearance - Width: 1-4 (thickness) --- ## 💡 Trading Strategies ### Strategy 1: CVD Divergence (Beginner-Friendly) **What to Look For:** - Price making **higher highs** but CVD making **lower highs** = Bearish divergence - Price making **lower lows** but CVD making **higher lows** = Bullish divergence **How to Trade:** 1. Wait for divergence to form 2. Look for confirmation (price reversal, candlestick pattern) 3. Enter trade in divergence direction 4. Stop loss beyond recent high/low **Example:** ``` Price: /\ /\ /\ (higher highs) CVD: /\ / \/ (lower highs) = Bearish signal ``` ### Strategy 2: CVD Trend Following (Intermediate) **What to Look For:** - **Strongly rising CVD** + **rising price** = Strong uptrend - **Strongly falling CVD** + **falling price** = Strong downtrend **How to Trade:** 1. Wait for CVD and price moving in same direction 2. Enter on pullbacks to support/resistance 3. Stay in trade while CVD trend continues 4. Exit when CVD trend breaks **Signals:** - CVD ▲▲▲ + Price ↑ = Go LONG - CVD ▼▼▼ + Price ↓ = Go SHORT ### Strategy 3: CVD + Reference Asset (Advanced) **What to Look For:** - Your asset **rising** but BTC (reference) **falling** = Relative strength - Your asset **falling** but BTC (reference) **rising** = Relative weakness **How to Trade:** 1. Compare CVD movement with BTC 2. If your CVD rises faster than BTC = Buy signal 3. If your CVD falls faster than BTC = Sell signal 4. Use for **pair trading** or **asset selection** ### Strategy 4: Volume Delta Confirmation **What to Look For:** - **Large positive Delta** = Strong buying this bar - **Large negative Delta** = Strong selling this bar **How to Trade:** 1. Price breaks resistance + Large positive Delta = Confirmed breakout 2. Price breaks support + Large negative Delta = Confirmed breakdown 3. Use Delta to **confirm** price moves, not predict them **Rules:** - Delta > 2x average = Very strong pressure - Delta near zero at key level = Weak move, likely false breakout --- ## 🎓 Reading Real Scenarios ### Scenario 1: Strong Buying Pressure ``` Table Shows: CVD▲ | 12.5K | ████████ | ████ (CVD rising) ◆DELTA | +2.8K | ████████ | ▲ (Positive delta) UP↑ | 3.1K | ████████ | ████ (High buy volume) DN↓ | 0.3K | ██░░░░░░ | ░ (Low sell volume) ◄STATUS► | BULL | ████████ | ████ (Orange background) ``` **Interpretation:** Strong buying, good for LONG trades ### Scenario 2: Distribution (Hidden Selling) ``` Table Shows: CVD► | 8.2K | ████░░░░ | ▒▒ (CVD flat) ◆DELTA | -1.5K | ████████ | ▼ (Negative delta) UP↑ | 0.8K | ███░░░░░ | ░ (Low buy volume) DN↓ | 2.3K | ████████ | ████ (High sell volume) ◄STATUS► | BEAR | ████████ | ░░░░ (Gray background) ``` **Interpretation:** Price may look stable, but selling increasing = Prepare for drop ### Scenario 3: Neutral/Choppy Market ``` Table Shows: CVD► | 5.1K | ████░░░░ | ▒ (CVD sideways) ◆DELTA | +0.2K | ██░░░░░░ | ─ (Small delta) UP↑ | 1.2K | ████░░░░ | ▒ (Medium buy) DN↓ | 1.0K | ████░░░░ | ▒ (Medium sell) ◄STATUS► | NEUT | ████░░░░ | ▒▒ (White background) ``` **Interpretation:** No clear direction = Stay out or reduce position size --- ## ⚠️ Common Mistakes to Avoid ### Mistake 1: Trading on CVD Alone - ❌ **Wrong:** "CVD is rising, I'll buy immediately" - ✅ **Right:** "CVD is rising, let me check price structure, support/resistance, and wait for confirmation" ### Mistake 2: Ignoring Delta - ❌ **Wrong:** Looking only at cumulative CVD - ✅ **Right:** Watch both CVD (trend) and Delta (momentum) - Delta shows **immediate** pressure changes ### Mistake 3: Wrong Timeframe - ❌ **Wrong:** Using 1m chart with High Precision (too slow) - ✅ **Right:** Match precision to timeframe: - 1m-5m → Low Precision - 15m-1h → Medium Precision - 4h+ → High Precision ### Mistake 4: Not Using Reset - ❌ **Wrong:** Using "None" reset for intraday trading - ✅ **Right:** Use "On Higher Timeframe" to see fresh CVD each session ### Mistake 5: Overtrading Neutral Status - ❌ **Wrong:** Forcing trades when STATUS = NEUT - ✅ **Right:** Only trade clear BULL or BEAR status ### Mistake 6: Ignoring Reference Asset - ❌ **Wrong:** Trading altcoin without checking BTC - ✅ **Right:** Always check if BTC CVD agrees with your asset --- ## 🔥 Pro Tips ### Tip 1: Multi-Timeframe Analysis - Check CVD on **3 timeframes**: - Lower TF (15m) = Entry timing - Current TF (1h) = Trade direction - Higher TF (4h) = Overall trend ### Tip 2: Volume Confirmation - Big price move + Small Delta = **Weak move** (likely reversal) - Small price move + Big Delta = **Strong accumulation** (continuation) ### Tip 3: CVD Reset Zones - Pay attention to **reset backgrounds** (light gray) - Often marks **session starts** = High volatility periods ### Tip 4: Divergence + Status - Bearish divergence + STATUS = BEAR = **Strongest short signal** - Bullish divergence + STATUS = BULL = **Strongest long signal** ### Tip 5: Color Psychology - **Orange** (Bullish) is **warm** = Buying energy - **Gray** (Bearish) is **cool** = Selling pressure - Train your eye to read colors instantly ### Tip 6: Table as Quick Scan - Glance at table without reading numbers: - **All orange** = Bullish - **All gray** = Bearish - **Mixed** = Wait --- ## 📱 Quick Reference Card | Signal | CVD | Delta | Status | Action | |--------|-----|-------|--------|--------| | **Strong Buy** | ▲▲ High | ++ Positive | BULL | Long Entry | | **Strong Sell** | ▼▼ Low | -- Negative | BEAR | Short Entry | | **Divergence Buy** | ▲ Rising | Price ▼ | → BULL | Long Setup | | **Divergence Sell** | ▼ Falling | Price ▲ | → BEAR | Short Setup | | **Neutral** | → Flat | ~0 Near Zero | NEUT | Stay Out | | **Accumulation** | → Flat | ++ Positive | NEUT→BULL | Watch for Breakout | | **Distribution** | → Flat | -- Negative | NEUT→BEAR | Watch for Breakdown | --- ## 🆘 Troubleshooting ### Issue: "Indicator not showing" - **Solution:** Make sure overlay=true in code, re-add to chart ### Issue: "Table overlaps with price" - **Solution:** Change table position in code or use TradingView's "Move" feature ### Issue: "CVD line too far from price" - **Solution:** This is normal! CVD is volume-based, not price-based. Focus on CVD direction, not position ### Issue: "Too many lines on chart" - **Solution:** Disable "Show Zone" and "Show Labels" in settings for cleaner view ### Issue: "Calculations too slow" - **Solution:** Change Precision to "Low (Fast)" or use higher timeframe ### Issue: "Reference asset not showing" - **Solution:** Check if "Enable" is ON and symbol is valid (e.g., BINANCE:BTCUSDT) --- ## 🎬 Getting Started Checklist - Install indicator on TradingView - Set precision to "Medium" - Set reset to "On Higher Timeframe" - Enable info table - Add reference asset (BTC) - Practice reading the table on demo account - Test on different timeframes (15m, 1h, 4h) - Compare CVD with your current strategy - Paper trade for 1 week before going live - Keep a trading journal of CVD signals --- ## 📚 Summary **CVD shows WHO is winning: Buyers or Sellers** **Key Points:** 1. **Orange/Rising CVD** = Buying pressure = Bullish 2. **Gray/Falling CVD** = Selling pressure = Bearish 3. **Delta** = Immediate momentum THIS BAR 4. **Status** = Overall market condition 5. **Always confirm** with price action & other indicators **Remember:** - CVD is a **tool**, not a crystal ball - Use with proper risk management - Practice makes perfect - Stay disciplined! --- **Created by: able** **Version:** iOS Style v1.0 **Contact:** For questions, refer to TradingView community Happy Trading! 🚀📈
Pine Script® indicator
by Able-terminal
Inversion Fair Value Gap Model [PJ Trades]GENERAL OVERVIEW: The Inversion Fair Value Gap Model indicator is a complete rule-based system designed to identify trade setups using the Inversion Fair Value Gap strategy taught by PJ Trades. It automates the strategy’s workflow by detecting liquidity sweeps, confirming V-shape recoveries, identifying valid Inversion Fair Value Gaps, validating higher-timeframe Fair Value Gap taps, and checking for a clear opposite Draw On Liquidity. These factors are evaluated together to produce a signal rating of A, A+, or A++, based on how many of these criteria the setup satisfies. When a long or short setup is confirmed, the indicator automatically plots an entry, stop-loss, break-even, and two take-profit levels. A dashboard that updates in real-time displays the current directional bias, liquidity sweep activity, Inversion Fair Value Gap confirmation state, V Shape Recovery state, higher-timeframe Fair Value Gap context, opposite Draw on Liquidity, SMT divergence, and other key information relevant to the trading model. The indicator also includes optional trade statistics on the dashboard that tracks the recent win rates for A, A+, and A++ setups, as well as separate long and short win rates. This indicator was developed by Flux Charts, in collaboration with PJ Trades. What is the theory behind the indicator?: The Inversion Fair Value Gap model is built on the idea that when the market pushes above a high or below a low, it often does so to sweep liquidity. If that move quickly fails and price reverses, it shows the sweep was a grab for orders and not a continuation. That quick rejection is the V Shape Recovery behavior. An Inversion Fair Value Gap forms when a Fair Value Gap that once supported the original move gets invalidated afterward. That invalidation confirms the shift in direction and becomes the new reference point for trades. The Inversion Fair Value Gap model uses this sequence because it highlights when the market has taken liquidity, rejected continuation, and started delivering in the opposite direction. INVERSION FAIR VALUE GAP MODEL FEATURES: The Inversion Fair Value Gap Model indicator includes 15 main features: Sessions Key Levels & Swing Levels Liquidity Levels Liquidity Sweeps V Shape Recoveries Higher-Timeframe Fair Value Gaps Inversion Fair Value Gaps Macros Bias Signals New Day Opening Gap New Week Opening Gap SMT Divergences Dashboard Alerts SESSIONS: The Inversion Fair Value Gap Model indicator includes five trading sessions (times in EST): Asia: 20:00 - 00:00 London: 02:00 - 05:00 NY AM: 09:30 - 12:15 NY Lunch: 12:15 - 13:30 NY PM: 13:30 - 16:00 Session highs and lows are automatically tracked and used within the indicator’s signal logic. 🔹Session Zones: Each session has a zone that outlines its active time window. These zones can be toggled on or off independently. When active, they visually separate each part of the trading day. Users can adjust the color and opacity of each session box. Users can also enable session labels, which place a label above each session zone showing its corresponding session name. 🔹Session Time: Users can toggle on ‘Time’ which will display each session’s time window next to its session title. 🔹Session Highs/Lows: Every session can display its own high and low as horizontal lines. Users can customize the line style for session highs/lows, choosing between solid, dashed, or dotted. The color of the lines will match the same color used for the session box. Users can adjust the color of the labels as well, which is applied to all session high/low labels. When price has moved above a session high, or below a session low, the label will not be displayed anymore. 🔹Extend Levels: When enabled, each session’s high and low levels can be extended forward by a set number of bars. Please Note: Disabling a session under the main Sessions section only hides its visuals (boxes, lines, or labels). It does not impact signal detection or logic. KEY LEVELS: The Inversion Fair Value Gap Model indicator includes 11 key market levels that outline important structural price areas across daily, weekly, and monthly timeframes. These levels include the Daily Open, Previous Day High/Low, Weekly Open, Previous Week High/Low, Monthly Open, Previous Month High/Low, Midnight Open, and 08:30 Open. The levels can be enabled or disabled and customized in color and line style. All of the levels except the Midnight Open and 08:30 Open are used for the indicator’s signal logic. 🔹Daily Open The Daily Open marks where the current trading day began. 🔹Previous Day High/Low The Previous Day High (PDH) marks the highest price reached during the previous regular trading session. It shows where buyers pushed price to its highest point before the market closed. The Previous Day Low (PDL) marks the lowest price reached during the previous regular trading session. It shows where selling pressure reached its lowest point before buyers stepped in. When price pushes above the PDH or below the PDL, the level is removed from the chart. 🔹Weekly Open The Weekly Open marks the first price of the current trading week. 🔹Previous Week High/Low The Previous Week High (PWH) marks the highest price reached during the previous trading week. It shows where buying pressure reached its peak before the weekly close. The Previous Week Low (PWL) marks the lowest price reached during the previous trading week. It shows where sellers pushed price to its lowest point before buyers regained control. When price pushes above the PWH or below the PWL, the level is removed from the chart. 🔹Monthly Open The Monthly Open marks the opening price of the current month. 🔹Previous Month High/Low The Previous Month High (PMH) marks the highest price reached during the previous calendar month. It represents the point at which buyers achieved the strongest push before the monthly close. The Previous Month Low (PML) marks the lowest price reached during the previous calendar month. It shows where selling pressure was strongest before buyers stepped back in. When price pushes above the PMH or below the PML, the level is removed from the chart. 🔹Midnight Open The Midnight Open marks the first price of the trading day at 00:00 EST. 🔹08:30 Open The 08:30 Open marks the opening price at 08:30 EST. 🔹Customization Options: Users can fully customize the appearance of all key levels, including the following: Labels Label Size Line Style Line Colors Labels: Users can toggle on ‘Show Labels’ to display labels for each toggled-on level that price hasn’t pushed above/below. Users can also adjust the size of labels, choosing between auto, tiny, small, normal, large, or huge. Line Style: Users can select a line style, choosing between solid, dashed, or dotted, which is applied to all toggled-on key levels. Line Color: Users can choose different colors for each of the following key levels: Daily Open, Previous Day High, Previous Day Low Weekly Open, Previous Week High, Previous Week Low, Monthly Open, Previous Month High, Previous Month Low Midnight Open 08:30 Open 🔹Extend Levels: When enabled, each key level is extended forward by a set number of bars. Please Note: Disabling a level in the “Key Levels” section only hides its visuals and does not affect the indicator’s signals. 🔹Swing Levels The indicator automatically plots Swing Highs and Swing Lows which are used in the indicator’s signal generation logic. A swing high forms when a candle’s high is greater than the highs of the bars immediately before and after it. A swing low forms when a candle’s low is lower than the lows of the bars immediately before and after it. 🔹Swing Level Colors Users can customize the color of Active Levels and Swept Levels. Active Levels are levels that price has not pushed above or below Swept Levels are levels that price pushed above or below. 🔹Swing Levels – Show Nearest This setting determines how many swing highs/lows are displayed on the chart. The indicator will display the nearest X highs to price and the nearest X lows to price. For example, if ‘Show Nearest’ is set to 2, the nearest 2 swing highs and nearest 2 swing lows to price will be plotted on the chart. LIQUIDITY LEVELS: The Inversion Fair Value Gap Model indicator automatically identifies and plots liquidity at key structural points in the market. These include swing highs and swing lows, session highs and lows, and major higher timeframe reference points as explained in the SESSIONS and KEY LEVELS sections above. All of these areas are treated as potential pools of resting orders and are used throughout the indicator’s signal logic. 🔹What is Buyside Liquidity?: Buyside Liquidity (BSL) represents price levels where many buy stop orders are sitting, usually from traders holding short positions. When price moves into these areas, those stop-loss orders get triggered and short sellers are forced to buy back their positions. These zones often form above key highs such as the previous day, week, or month. Understanding BSL is important because when price reaches these levels, the sudden wave of buy orders can create sharp reactions or reversals as liquidity is taken from the market. 🔹What is Sellside Liquidity?: Sellside Liquidity (SSL) represents price levels where many sell stop orders are waiting, usually from traders holding long positions. When price drops into these areas, those stop-loss orders are triggered and long traders are forced to sell their positions. These zones often form below key lows such as the previous day, week, or month. Understanding SSL is important because when price reaches these levels, the surge of sell orders can cause sharp reactions or reversals as liquidity is taken from the market. 🔹 Which Liquidity Levels Are Used The indicator tracks liquidity at the following areas: Asia Session High/Low London High/Low NY AM High/Low NY Lunch High/Low NY PM High/Low Previous Day High and Low Previous Week High and Low Previous Month High and Low Daily Open Weekly Open Monthly Open Swing Highs/Lows 🔹 How Liquidity Levels Are Used All tracked levels across sessions, swing points, and higher timeframes serve as potential liquidity targets. When price trades above one of these highs, the indicator looks for short setups if other confluences align. When price trades below lows, the indicator looks for long setups if other confluences align. LIQUIDITY SWEEPS: The indicator automatically detects Buyside Liquidity and Sellside Liquidity sweeps using the liquidity levels mentioned in the previous section. 🔹What is a Liquidity Sweep? Liquidity sweeps occur when price trades beyond a key high or low and activates resting buy-stop or sell-stop orders in that area. It’s how the market gathers the liquidity needed for larger participants to enter positions. Traders often place stop-loss orders around obvious highs and lows, such as the previous day’s, week’s, or month’s levels. When price pushes through one of these areas, it triggers the stops placed there and generates a burst of volume. This can lead to quick movements in price as those orders are executed. 🔹Sellside Liquidity Sweep These occur when price dips below a Sellside Liquidity (SSL) level, taking out the stop-loss orders placed by long traders below that low. When this happens, the indicator records the sweep and begins monitoring for potential long setups as the next step in the IFVG trading strategy. Long trades are only eligible after a SSL sweep. 🔹Buyside Liquidity Sweep These occur when price dips above a Buyside Liquidity (BSL) level, taking out the stop-loss orders placed by short seller traders above that high. When this happens, the indicator records the sweep and begins monitoring for potential short setups as the next step in the trading strategy. Short trades are only eligible after a BSL sweep. 🔹How to Use Liquidity Sweeps Liquidity sweeps are not direct trade signals. They are best used as context when forming a directional bias. A sweep shows that the market has removed liquidity from one side, which can hint at where the next move may develop. For example: When BSL is swept, it often signals that buy stops have been triggered and the market may be preparing to move lower. Traders may then begin looking for short opportunities. When SSL is swept, it often signals that sell stops have been triggered and the market may be preparing to move higher. Traders may then begin looking for long opportunities. V SHAPE RECOVERIES: 🔹 What Is a V Shape Recovery? A V shape recovery is a sharp, immediate reversal that happens right after price sweeps BSL or SSL. It indicates that price quickly moved back in the opposite direction after trading through the level. This behavior signals a shift in momentum and is a required confirmation in the indicator for signal generation. The indicator will not look for long trades after a SSL sweep unless a V shape recovery occurs. It will not look for short trades after a BSL sweep unless a V shape recovery occurs. Without this behavior, the indicator assumes that price may still be delivering in the direction of the sweep, so no valid setups can form. 🔹 Why V Shape Recoveries Matter V shape recoveries help confirm that the liquidity the sweep did not immediately continue in the same direction. They separate false breaks from true continuation. A sweep without recovery often means price may keep trending, so the indicator does not generate signals in those cases. A sweep with a V shape recovery confirms rejection and sets the foundation for valid Inversion Fair Value Gap formation. This makes the V shape recovery one of the most important sequence steps in the Inversion Fair Value Gap Model. 🔹 How the Indicator Detects V Shape Recoveries V shape recoveries can be visually intuitive when looking at a chart, but they are difficult to define consistently programmatically. To ensure reliable and repeatable detection, the indicator uses a rules-based method that evaluates candle size, candle direction, and the strength of the move immediately following the liquidity sweep. This approach removes subjectivity and allows the indicator to confirm V shape behavior the same way every time. The indicator does not plot any visual elements specifically for V shape recoveries. Instead, the presence of a V shape recovery is implied through the signals themselves. Every valid long or short signal that appears after a liquidity sweep requires a confirmed V shape recovery. This means that if a signal is generated following a sweep, a V shape recovery has occurred. 🔹 V Shape Recovery After a Sellside Sweep (SSL Sweep) After price trades below a sellside liquidity level, long positions are liquidated. If buyers quickly step in and force price upward with strong momentum, this forms a V shape recovery. This signals that the sweep below the low was rejected and that buyers have reclaimed control. When this occurs, the indicator begins monitoring for long setups. 🔹 V Shape Recovery After a Buyside Sweep (BSL Sweep) After price pushes above a buyside liquidity level, many short positions are stopped out. If sellers immediately step in and drive price back down with strong movement, this forms a V shape recovery. This behavior reflects a quick change in candle direction immediately following the sweep. When this occurs, the indicator begins monitoring for short setups. 🔹Failed V Shape Recoveries These examples show failed V shape recoveries, where price did not reverse decisively after the BSL or SSL sweep. The lack of strong response from buyers or sellers indicates that momentum did not shift. Thus, the indicator will not detect valid long/short setups using these liquidity sweeps. HIGHER-TIMEFRAME FAIR VALUE GAPS: Higher-timeframe Fair Value Gaps (HTF FVGs) provide important context in the Inversion Fair Value Gap Model because they show where significant imbalance occurred on larger market structures. The indicator automatically detects HTF FVGs and uses them as part of the signal rating system. 🔹 What Is a Fair Value Gap? A Fair Value Gap (FVG) is an area where the market’s perception of fair value suddenly changes. On your chart, it appears as a three-candle pattern: a large candle in the middle, with smaller candles on each side that don’t fully overlap it. A bullish FVG forms when a bullish candle is between two smaller bullish/bearish candles, where the first and third candles’ wicks don’t overlap each other at all. A bearish FVG forms when a bearish candle is between two smaller bullish/bearish candles, where the first and third candles’ wicks don’t overlap each other at all. This creates an imbalance because price moved so quickly that one side of the auction did not trade. Examples: 🔹 What Makes an FVG “Higher-Timeframe”? In this indicator, HTF FVGs are Fair Value Gaps detected on timeframes higher than the chart’s current timeframe. For example, on a 5-minute chart, a 1-hour FVG would be considered a HTF FVG. The indicator automatically plots and checks whether price interacts with these HTF FVGs during a liquidity sweep and incorporates this into the signal rating (A, A+, A++). 🔹 How the Indicator Uses Higher-Timeframe FVGs The indicator automatically scans up to three user-selected higher timeframes for valid bullish and bearish FVGs and tracks price’s behavior around them in the background. When any of these higher timeframes are enabled, their FVGs are used directly within the signal logic. During a liquidity sweep, the indicator checks whether price taps into any enabled HTF FVG. A tap occurs when price trades inside the boundaries of a higher-timeframe FVG during or immediately after the sweep. A bullish HTF FVG tap during a sellside sweep supports a long setup. A bearish HTF FVG tap during a buyside sweep supports a short setup. When an HTF FVG tap aligns with the direction of the setup, the signal’s rating is increased. This can increase a setup’s rating from A to A+ or from A+ to A++. 🔹 Higher-Timeframe FVG Customization Users can select up to three higher timeframes for HTF FVG detection. When a higher timeframe is enabled, its FVGs are used in the model’s signal logic. Users can also choose whether to display these HTF FVGs visually on the chart, by enabling the ‘Plot HTF FVGs’ setting. Each enabled HTF FVG can be customized with the following options: Bullish and Bearish Colors: Users can set different fill colors for bullish and bearish HTF FVGs for each selected timeframe. Midline: When enabled, a midline is drawn through the center of each HTF FVG. Users can customize the midline’s line style, choosing between solid, dashed, or dotted and also customize the midline’s color. Labels: When enabled, each plotted HTF FVG displays a label that shows its originating timeframe (for example, 1H, 4H). Plot HTF FVGs: When disabled, the HTF FVG zones are hidden from the chart while the logic remains active in the background for signals. Show Nearest: This setting controls how many HTF FVGs are displayed based on proximity to current price. Users can choose to show the nearest X bullish HTF FVGs and the nearest X bearish HTF FVGs. This filter is applied across all enabled higher timeframes and does not limit by timeframe individually. 🔹When are Higher Timeframe Fair Value Gaps mitigated? A Higher Timeframe Fair Value Gap is considered mitigated when a candle from the chart’s timeframe closes above the gap for a bearish FVG or below the gap for a bullish FVG. INVERSION FAIR VALUE GAPS: Inversion Fair Value Gaps (IFVGs) are a core requirement of the Inversion Fair Value Gap Model. Every long and short signal generated by the indicator requires a valid IFVG, just like liquidity sweeps and V shape recoveries. Without a confirmed IFVG, the model will not produce a setup. 🔹 What Is an Inversion Fair Value Gap? An Inversion Fair Value Gap is a Fair Value Gap that becomes invalidated by a candle close in the opposite direction. This “flip” confirms that the original imbalance failed and that the market has shifted. A bullish IFVG forms when a bearish FVG is invalidated by a candle closing above it. A bearish IFVG forms when a bullish FVG is invalidated by a candle closing below it. In the indicator, IFVGs are not used as retracement areas. Signals are generated immediately when a valid IFVG forms, not after price returns to the gap. The IFVG itself is the confirmation event that finalizes a setup sequence after a liquidity sweep and V shape recovery. 🔹 How the Indicator Plots IFVGs The indicator only plots IFVGs that are used in long or short setups. Not every possible IFVG is shown on the chart. Only the IFVG involved in a confirmed signal is displayed. Users can disable IFVG plots entirely if they prefer a minimal view. This hides the visual gaps but does not affect the signal logic. 🔹 Customization Options Users can customize how IFVGs appear on the chart: Color Settings: Choose separate fill colors for bullish IFVGs and bearish IFVGs. Midline: Toggle an optional midline inside the IFVG and choose between a solid, dashed, or dotted line. Midline Color: Adjust the color of the IFVG Midline. MACROS: Macros are short, predefined time windows, where price is more likely to seek liquidity or rebalance imbalances. These periods often create sharp movements or shifts in delivery, giving additional context to setups. In the Inversion Fair Value Gap Model, macros are used as a confluence factor. When a long or short signal forms during a macro time window, the setup’s rating can increase from A to A+ or from A+ to A++. Macros are not required for a signal to form, but they increase the signal’s rating when the setup aligns with macro timing. 🔹 How the Indicator Uses Macros The indicator allows users to enable up to five macros. Each macro has its own start and end time, which the user can customize. These time windows are used directly in the signal logic. If a valid IFVG setup forms while price is inside any of the enabled macro windows, the indicator increases the signal’s rating. Users may visually disable macros on the chart without affecting signal logic. Disabling visuals hides the macro zones, labels, and lines, but the underlying macro logic continues to function in the background for signals. The indicator’s default macros use the following time periods (in EST): 09:50 - 10:10 10:50 - 11:10 11:50 - 12:10 12:50 - 13:10 13:50 - 14:10 🔹 Macro Settings Each macro displays a shaded zone representing the active time window. This zone can be toggled on or off. Users can customize: The color of each macro zone The opacity of each zone Whether the zones display at all (‘Show Zones’) These visuals help identify whether price is currently inside a macro window. 🔹 Macro Labels: Users can enable macro labels, which place a text label showing the macro’s title and its time window. The label color is global (applies to all macros), and the label size can be adjusted. Individual macros cannot have unique label colors. 🔹 Macro Start/End Lines For additional clarity, the indicator draws two vertical markers for each macro: One at the start of the macro One at the end of the macro A horizontal macro line is then drawn between the highs of these two candles to highlight the full duration of the macro window. Users can customize: The line styles (solid, dashed, dotted) of the Macro Line and Start/End Lines BIAS: Bias determines which direction the indicator is allowed to generate signals. A bullish bias means only long setups can be confirmed. A bearish bias means only short setups can be confirmed. The bias acts as the final directional filter after a liquidity sweep, V shape recovery, and IFVG have all been validated. Even if all model conditions are met, the indicator will only confirm the setup if the direction aligns with the active bias. Users are able to manually set a bias or use an automatic bias filter, which is explained below. 🔹 Manual Bias Users can manually choose the directional bias at any time and choose between Bullish, Bearish, or Both. When set to Bullish, the indicator will only confirm long setups, regardless of market structure. When set to Bearish, only short setups are allowed. When set to Both, the indicator can confirm both long and short setups if all requirements are met. 🔹 Automatic Bias Automatic bias is fully rules-based and determined by how the previous session interacted with major draw-on-liquidity (DOL) levels. These levels include 1-hour highs and lows, 4-hour highs and lows, previous session highs and lows (such as Asia or London), and the previous day’s high and low. The indicator evaluates whether the previous session consolidated, manipulated liquidity, or manipulated and reversed before closing. Based on this behavior, the indicator establishes a directional bias for the current session. ◇ Previous Session Consolidation: If the previous session did not sweep any major liquidity levels and price remained inside its range, the session is classified as consolidation. After the current session sweeps a key low, the bias becomes bullish. After the current session sweeps a key high, the bias becomes bearish. The bias is determined live based on which side the current session manipulates first. ◇ Previous Session Manipulation (No Reversal): If the previous session swept a major high-timeframe level but did not reverse before the session closed, the model assigns a reversal-based bias at the start of the current session. If the previous session swept a low, the current session bias is bullish. If the previous session swept a high, the current session bias is bearish. Here, bias is determined immediately because the previous session’s manipulation defines the directional framework for the current session. ◇ Previous Session Manipulation + Reversal: If the previous session swept a DOL level and also reversed away from it within the same session, the model assigns a continuation-based bias at the start of the current session. If the previous session swept a low and reversed upward, the bias for the current session is bullish. If the previous session swept a high and reversed downward, the bias is bearish. 🔹 How the Indicator Uses Bias in Practice After the indicator validates the liquidity sweep, V shape recovery, and IFVG, it checks the active bias before confirming a signal. If bias is bullish, only long setups are allowed. If bias is bearish, only short setups are allowed. If bias is Both, setups of either direction may form. The bias does not influence the detection of liquidity sweeps, V shape recoveries, or IFVGs. It only determines whether those validated components are allowed to produce a final signal. Automatic bias updates based on session behavior, while manual bias remains fixed until the user changes it. SIGNALS: Signals are the final output of the Inversion Fair Value Gap Model indicator. A signal is only generated when all model conditions are satisfied in a clear, rules-based sequence. A signal consists of: An Entry A Stop-Loss (SL) A Breakeven (BE) level Two Take-Profit levels (TP1 and TP2) These components are plotted immediately once the final requirement (the IFVG confirmation) is met and the directional filter (bias) allows the setup. Signals can be rated A, A+, or A++, based on whether certain confluences were present during the setup’s formation. 🔹 What All Signals Have in Common Each signal type (A, A+, A++) requires the same four mandatory conditions. If any of these four are missing, the indicator will not print a signal. ◇ Required Component #1 – Valid Directional Bias The bias determines whether the indicator can confirm a long or short setup. Bullish bias → only long setups allowed Bearish bias → only short setups allowed Both → long or short setups allowed Automatic bias → bias determined by session-based liquidity logic explained above ◇ Required Component #2 – Liquidity Sweep The indicator must detect one of the following: Sellside Liquidity Sweep (SSL Sweep) for potential long setups Buyside Liquidity Sweep (BSL Sweep) for potential short setups ◇ Required Component #3 – V Shape Recovery After a liquidity sweep, the indicator evaluates whether price produced a valid V shape recovery. ◇ Required Component #4 – Inversion Fair Value Gap (IFVG) An IFVG must form in the direction of the potential setup. A bullish IFVG forms when a bearish FVG is invalidated by a candle closing above that gap A bearish IFVG forms when a bullish FVG is invalidated by a candle closing below that gap The IFVG must occur after the V Shape Recovery and Liquidity Sweep. The IFVG confirmation is the final structural requirement. Once it forms, the setup is considered structurally complete. 🔹 A Signals An A-rated signal contains exactly the four required components: Valid Bias Liquidity Sweep V Shape Recovery IFVG An A signals represent the foundational implementation of the IFVG Model. 🔹 A+ Signals An A+ signal includes the full A-signal structure plus ONE of the following: Higher-Timeframe FVG Tap Multi-Liquidity Sweep Inside a Macro Window ◇ Higher-Timeframe FVG Tap During a liquidity sweep, the indicator checks whether price taps into any enabled HTF FVG. A tap occurs when price trades inside the boundaries of a higher-timeframe FVG during or immediately after the sweep. A bullish HTF FVG tap during a sellside sweep supports a long setup. A bearish HTF FVG tap during a buyside sweep supports a short setup. ◇ Multi-Liquidity Sweep A Multi-Liquidity Sweep occurs when price sweeps two liquidity levels of the same type in the same directional push. Sweeping two lows in one move: Multi-Sellside Liquidity Sweep (long setups). Sweeping two highs in one move → Multi-Buyside Liquidity Sweep (short setups). ◇ Inside a Macro Window The final IFVG confirmation must occur inside a macro time window defined by the user. If exactly one of these additional confluences is present, the signal rating is A+. 🔹 A++ Signals (Two Additional Confluences) An A++ signal contains the full A signal structure plus TWO of the three confluences listed above. HTF FVG tap + Multi-Liquidity Sweep HTF FVG tap + Inside a Macro Window Multi-Liquidity Sweep + Inside a Macro Window If two confluences are present, the rating becomes A++. If all three are present, the setup is still rated a A++ (there is no A+++). 🔹 Signal Plots When a valid long/short setup is detected, a signal with its rating appears with the following: Entry: At the close of the candle that inverted a FVG Stop-Loss: At the nearest swing high for short setups or nearest swing low for long setups Breakeven Level: At the nearest swing high for long setups or the nearest swing low for short setups Take-Profit 1: At the second nearest swing high for long setups or the second nearest swing low for short setups. Take-Profit 2: At the third nearest swing high for long setups or the third nearest swing low for short setups. After a signal reaches either TP2 or SL, the levels for Entry, SL, BE, TP1, and TP2 are removed from the chart. If another signal appears before the prior signal reaches either TP2 or SL, the levels are also removed. Users can hover over any signal label to view a short summary of the exact criteria that were met for that setup. This includes whether a HTF FVG tap occurred, whether a multi-liquidity sweep was detected, whether the setup formed inside a macro window, and which liquidity level was swept prior to the V shape recovery. 🔹 Long Setup – A Rating A long A-rated setup forms when all four core requirements of the IFVG Model occur without any additional confluences. First, price must sweep a Sellside Liquidity level. Immediately after the sweep, price must form a valid V shape recovery. Once the recovery completes, a bullish IFVG must form by invalidating a bearish Fair Value Gap with a candle close above it. For a confirmed long signal, the indicator marks: Entry: At the candle close that invalidates the bearish FVG and creates the IFVG Stop Loss: At the nearest swing low Breakeven: Midpoint between entry and stop-loss Take Profit 1: At the second nearest swing high Take Profit 2: At the third nearest swing high In this example, price sweeps a swing low, has a V Shape recovery, and forms a bullish IFVG: 🔹 Short Setup – A Rating A short A-rated setup forms when all four core requirements of the IFVG Model occur without any additional confluences. Price must first sweep a Buyside Liquidity level. Immediately after the sweep, price must form a valid V shape recovery. Once the recovery completes, a bearish IFVG must form by invalidating a bullish Fair Value Gap with a candle close below it. For a confirmed short signal, the indicator marks: Entry: At the candle close that invalidates the bullish FVG and creates the IFVG Stop Loss: At the nearest swing high Breakeven: Midpoint between entry and stop-loss Take Profit 1: At the second nearest swing low Take Profit 2: At the third nearest swing low In this example, price sweeps a swing high, has a V shape recovery, and forms a bearish IFVG: 🔹 Long Setup – A+ Rating A long A+ setup forms when the four core requirements of the IFVG Model occur and exactly one additional confluence is present. Price must sweep a Sellside Liquidity level, form a valid V shape recovery, and create a bullish IFVG by invalidating a bearish FVG. One of the following must also occur: a bullish HTF FVG tap during the liquidity sweep, a multi-sellside liquidity sweep, or the IFVG confirmation forms inside a macro window. For a confirmed long A+ signal, the indicator marks: Entry: At the candle close that creates the bullish IFVG Stop Loss: At the nearest swing low Breakeven: Midpoint between entry and stop-loss Take Profit 1: At the second nearest swing high Take Profit 2: At the third nearest swing high In this example, price sweeps the NY AM Session Low, taps a 30-minute HTF FVG during the sweep, has a V shape recovery, and forms a bullish IFVG: 🔹 Short Setup – A+ Rating A short A+ setup forms when the four core requirements of the IFVG Model occur and exactly one additional confluence is present. Price must sweep a Buyside Liquidity level, form a valid V shape recovery, and create a bearish IFVG by invalidating a bullish FVG. One of the following must also occur: a bearish HTF FVG tap, a multi-buyside liquidity sweep, or the IFVG confirmation forms inside a macro window. For a confirmed short A+ signal, the indicator marks: Entry: At the candle close that creates the bearish IFVG Stop Loss: At the nearest swing high Breakeven: Midpoint between entry and stop-loss Take Profit 1: At the second nearest swing low Take Profit 2: At the third nearest swing low In this example, price sweeps a swing high, has a V shape recovery, and forms a bearish IFVG inside of the 13:50-14:10 macro: 🔹 Long Setup – A++ Rating A long A++ setup forms when the four core requirements of the IFVG Model occur and at least two additional confluences are present. Price must sweep a Sellside Liquidity level, form a valid V shape recovery, and create a bullish IFVG. The setup must also include any two or three of the following: a bullish HTF FVG tap, a multi-sellside liquidity sweep, or the IFVG confirmation forming inside a macro window. For a confirmed long A++ signal, the indicator marks: Entry: At the candle close that creates the bullish IFVG Stop Loss: At the nearest swing low Breakeven: Midpoint between entry and stop-loss Take Profit 1: At the second nearest swing high Take Profit 2: At the third nearest swing high In this example, price sweeps two swing lows, has a V shape recovery, taps a bullish 30-minute HTF FVG during the liquidity sweep, and forms a bullish IFVG inside of the 10:50-11:10 macro: 🔹 Short Setup – A++ Rating A short A++ setup forms when the four core requirements of the IFVG Model occur and at least two additional confluences are present. Price must sweep a Buyside Liquidity level, form a valid V shape recovery, and create a bearish IFVG. The setup must also include any two or three of the following: a bearish HTF FVG tap, a multi-buyside liquidity sweep, or the IFVG confirmation forming inside a macro window. For a confirmed short A++ signal, the indicator marks: Entry: At the candle close that creates the bearish IFVG Stop Loss: At the nearest swing high Breakeven: Midpoint between entry and stop-loss Take Profit 1: At the second nearest swing low Take Profit 2: At the third nearest swing low In this example, price sweeps a swing high, has a V shape recovery, taps a bearish 30-minute HTF FVG during the liquidity sweep, and forms a bearish IFVG inside of the 09:50-10:10 macro: 🔹Signal Settings ◇ Liquidity Levels Used: Users can select which type of liquidity levels the indicator uses for identifying liquidity sweeps: Swing Points: Only uses Swing Highs/Lows Session Highs/Lows: Only uses Session Highs/Lows Both: Uses both Swing Highs/Lows and Session Highs/Lows ◇ Bias: This setting determines which signal directions are allowed. Manual Bias: Users can manually choose the directional bias, picking between Bullish, Bearish, or Both. Automatic Bias: The indicator automatically determines a directional bias based on the criteria mentioned in the previous Bias section. ◇ IFVG Sensitivity: This setting determines the minimum gap size required for an FVG to qualify as an Inversion FVG. Higher values: only larger FVGs become IFVGs Lower values: smaller gaps are allowed ◇ Use First Presented IFVG: This setting determines whether the indicator limits signals to only the first IFVG created within the manipulation leg. What Is the First Presented IFVG? It is the earliest FVG formed inside the displacement that causes the liquidity sweep. For a bearish manipulation leg (price moving downward into the sweep), the first presented IFVG is the first FVG created at the start of that downward move: For a bullish manipulation leg (price moving upward into the sweep), the first presented IFVG is the first FVG created at the start of that upward move: When this setting is enabled, the indicator will only confirm signals when the IFVG used is derived from this first presented FVG. IFVGs that form later in the manipulation leg are not used for signal generation. ◇ Only Take Trades: This setting allows users to restrict signals to a defined time window. If a complete setup occurs inside the time window, it is allowed and plotted If it occurs outside the window, the signal will not appear For example, if you only wanted to see long/short signals between 9:30 AM and 12:00 PM, you would enable this setting and set the time window from 09:30 - 12:00. ◇ Minimum R:R This setting allows users to require a minimum risk-to-reward ratio before a signal is confirmed and plotted on the chart. The risk-to-reward ratio is calculated using the distance from the Entry to the Stop-Loss (risk) and the distance from the Entry to TP2 (reward). The indicator compares these distances and determines whether the setup meets or exceeds the minimum R:R value selected by the user. If the calculated R:R is equal to or greater than the chosen threshold, the signal will be displayed. If the calculated R:R is lower than the threshold, the signal will not appear on the chart. 🔹 Signal Rating Minimum Users can restrict which signal ratings appear: A: shows all signals A+: shows only A+ and A++ A++: shows only A++ setups 🔹 Signal Styling and Customization The indicator provides full control over how signal labels and levels appear on your chart. Users can customize long signals, short signals, all plotted lines, and the visibility of every individual element. ◇ Long Signal Styling Users can customize: Long Signal Label Color Long Signal Text Color Long Signal Label Size ◇ Short Signal Styling Users can customize: Short Signal Label Color Short Signal Text Color Short Signal Label Size ◇ Entry, Stop Loss, Breakeven, and Take Profit Lines Each line type can be enabled or disabled individually: Entry Line Stop Loss Line Breakeven Line Take Profit 1 & 2 Lines Users can also set custom colors for each line so every level is easy to track during live price movement. ◇ Show Price Labels Price labels can be toggled on or off individually for each level. Users can choose whether to show or hide the price for: Entry Stop loss Breakeven Take Profit 1 & 2 NEW DAY OPENING GAP: The New Day Opening Gap (NDOG) highlights the price difference between the previous day’s closing candle and the first candle of the new trading day. The indicator tracks this gap automatically each day and makes it available as optional context for users. 🔹 What Is the New Day Opening Gap? A New Day Opening Gap forms when the trading day opens at a price different from the previous day’s final closing price. If the new day opens above the prior day’s close → Bullish NDOG If the new day opens below the prior day’s close → Bearish NDOG This gap acts as a short-term draw on liquidity because the market may revisit the gap to rebalance price delivery. While the NDOG is not a required component for IFVG signals. 🔹 How the Indicator Uses the New Day Opening Gap When enabled, the indicator plots the gap as a rectangular zone spanning from the previous day’s close to the new day’s open. The zone remains active until it is fully filled by price or until the next day’s opening gap forms. Once price trades through the entire gap, or once a new NDOG replaces it the following day, the zone becomes inactive and is removed from the chart. The indicator does not use the NDOG for signal generation. It is strictly a visual tool that helps traders identify areas where price may retrace or seek liquidity during the session. 🔹 Customization Options Users have full control over how the New Day Opening Gap displays on the chart: Show New Day Opening Gap: Toggle the NDOG zone on or off Bullish NDOG Color: Customize the fill color for gaps formed above the prior close Bearish NDOG Color: Customize the fill color for gaps formed below the prior close NEW WEEK OPENING GAP: The New Week Opening Gap (NWOG) highlights the price difference between the previous week’s final closing candle and the first candle of the new trading week. The indicator tracks this gap automatically each week and provides it as optional context for users. 🔹 What Is the New Week Opening Gap? A New Week Opening Gap forms when the new trading week opens at a price different from the previous week’s closing price. If the new week opens above the prior week’s close → Bullish NWOG If the new week opens below the prior week’s close → Bearish NWOG This gap often serves as a medium-term draw on liquidity because price may return to rebalance the weekly displacement. The NWOG is not a required component for IFVG signals. 🔹 How the Indicator Uses the New Week Opening Gap When enabled, the indicator plots the gap as a rectangular zone spanning from the previous week’s close to the new week’s open. The zone remains active until it is fully filled by price or until the next week’s opening gap forms. Once price trades through the entire gap, or once a new NWOG replaces it the following week, the zone becomes inactive and is removed from the chart. The indicator does not use the NWOG for signal generation. It is purely a visual reference to help traders identify areas where price may rebalance or seek liquidity during the week. 🔹 Customization Options Users have full control over how the New Week Opening Gap displays on the chart: Show New Week Opening Gap: Toggle the NWOG zone on or off Bullish NWOG Color: Set the fill color for gaps formed above the prior weekly close Bearish NWOG Color: Set the fill color for gaps formed below the prior weekly close SMT DIVERGENCES: The indicator automatically marks SMT Divergences that occur between the current selected chart ticker and a second user-selected ticker. A SMT Divergence forms when the prices of the currently selected chart ticker and the user-selected ticker don’t follow each other. For example, if the current chart’s ticker symbol is SEED_ALEXDRAYM_SHORTINTEREST2:NQ and the user-selected ticker is $ES. If SEED_ALEXDRAYM_SHORTINTEREST2:NQ does not sweep the low of the NY AM Session, but NYSE:ES sweeps that same exact session’s low during the same candle, then a SMT Divergence is detected. In the images below, SEED_ALEXDRAYM_SHORTINTEREST2:NQ and NYSE:ES form a low at 12:20 AM on November 12th. At 12:35 AM, the 12:20 AM low is taken out on $NQ. However, on NYSE:ES , price failed to take out this exact low at 12:35 AM. Thus, an SMT Divergence is detected, and a line is drawn between the two lows on $NQ. NYSE:ES Chart: SEED_ALEXDRAYM_SHORTINTEREST2:NQ Chart: 🔹 SMT Divergence Settings The indicator includes settings that allow users to control how SMT Divergences are detected and displayed. ◇ Length Length controls how sensitive the pivot detection is when finding highs and lows for SMT. Lower Length: confirms swings with fewer bars, so more swings qualify. Higher Length: requires more bars to confirm a swing, so fewer swings qualify. ◇ Divergence Length The Divergence Length setting defines how many bars apart the two swing points may be for them to count as part of the same SMT Divergence. Higher Values: The two instruments can form their swing highs or lows farther apart in time. As long as both swings occur within this wider bar window, the indicator compares them for divergence. Lower Values: The two swing points must occur very close to each other. ◇ Show Last This setting limits how many recent SMT Divergences are displayed on the chart. For example, setting Show Last to 1 will only show the most recent SMT Divergence, while higher values allow more historical SMT Divergences to remain visible on the chart. ◇ Divergence Ticker Users can change the ticker used for detections. Since SMT Divergences occur by comparing two tickers, the inputted ticker within the settings will always be compared to the current selected ticker on your chart. DASHBOARD: The dashboard provides a live summary of all major components of the Inversion Fair Value Gap Model. It updates every candle and displays the current state of each requirement used in the setup logic. 🔹 Real-Time Model Components The state of each component is displayed with the following: ✔️ = condition is satisfied ❌ = condition is not satisfied 🐂 / 🐻 = current directional bias (bullish or bearish) The dashboard actively tracks the following: ◇ Bias (🐂 Bullish, 🐻 Bearish, or Both) Shows the current bias with a bull or bear emoji. If using automatic bias, the dashboard updates as soon as the session logic determines a direction. ◇ Liquidity Sweep Displays ✔️ once a valid BSL Sweep (for shorts) or SSL Sweep (for longs) is detected. Shows ❌ when no sweep is present. ◇ V Shape Recovery Displays ✔️ when a confirmed V shape recovery forms after the sweep. Shows ❌ until a valid V shape appears. ◇ Inversion Fair Value Gap (IFVG) Shows ✔️ once a bullish or bearish IFVG forms in the correct direction. Shows ❌ when no IFVG has yet confirmed. ◇ Higher-Timeframe FVG Interaction Displays ✔️ when price is currently inside any enabled HTF FVG or taps a HTF FVG during a liquidity sweep. Displays ❌ when price is not inside a HTF imbalance. ◇ Clear Opposite Draw on Liquidity (DOL) Shows ✔️ when a clear opposite-side draw is present in the model logic. Shows ❌ if no clear opposite draw is detected. ◇ SMT Divergence Shows ✔️ for 20 candles immediately after an SMT Divergence forms. After 20 candles, it returns to ❌ unless a new SMT Divergence is detected. 🔹 Signal Information Display When a valid long or short signal appears, the dashboard expands to show the full details of the setup, including: Signal Rating Entry Price Stop-Loss Price Breakeven Price Take Profit 1 Price Take Profit 2 Price 🔹 Trade Statistics Module Users can enable a built-in statistics panel to view historical performance of signals across all ratings. The trade stats include: A Signal Win Rate A+ Signal Win Rate A++ Signal Win Rate Long Signal Win Rate Short Signal Win Rate Total Number of Trades Used in the Calculations A trade is counted as a win if price reaches breakeven before stop-loss. A trade is counted as a loss if price hits stop-loss before breakeven. 🔹 Dashboard Customization The dashboard includes several options to control its appearance and position: Show Dashboard: Toggle the entire dashboard on or off Dashboard Size: Choose the size of the dashboard Dashboard Position: Choose the location of the dashboard on the chart Trade Stats Text Color: Customize the color of the 2nd column outputs under the Trade Stats section in the dashboard ◇ Component Toggles Users can enable or disable the display of any model component based on preference. Each of these items can be shown or hidden independently: Setup Rating Entry Stop-Loss Breakeven Take Profit 1 Take Profit 2 Bias Liquidity Sweep Higher-Timeframe FVG Interaction V Shape Recovery Inversion FVG Clear Opposite Draw on Liquidity Trade Stats These toggles only affect visual display. Disabling any of them does not affect the underlying indicator’s logic. ALERTS: The Inversion Fair Value Gap Model includes full alert functionality using AnyAlert(), allowing users to receive notifications in real time for all major model components and signal events. Users can enable or disable each alert type in the “Alerts” section of the settings. After selecting which alerts they want active, they can create a single TradingView alert using the AnyAlert() condition. This will automatically trigger alerts for all enabled events as soon as they occur on the chart. Available Alerts: Long Signal Short Signal Breakeven Hit (BE) Take Profit 1 Hit (TP1) Take Profit 2 Hit (TP2) Stop-Loss Hit (SL) Liquidity Sweep Detected SMT Divergence Detected How to Receive Alerts: Open the TradingView alert creation window. Select the IFVG Model indicator as the alert condition. Choose AnyAlert() from the condition dropdown. Create the alert. IMPORTANT NOTES: TradingView has limitations when running features on multiple timeframes such as the HTF FVGs, which can result in the following restriction: Computation Error: The computation of using MTF features is very intensive on TradingView. This can sometimes cause calculation timeouts. When this occurs, simply force the recalculation by modifying one indicator’s settings or by removing the indicator and adding it to your chart again. UNIQUENESS: This indicator is unique because it organizes every part of the Inversion Fair Value Gap Model into one structured, rules based system. It detects liquidity sweeps, confirms V shape recoveries, identifies valid IFVGs, checks higher timeframe FVG taps, reads macro timing, and applies a session based directional bias. All of these components are evaluated in a fixed sequence so users always know exactly why a signal appears. Every part of the logic is customizable, including which liquidity types are used, which IFVGs qualify for signals, which time windows allow trades, the minimum risk to reward for a setup, and all visual elements on the chart. The tool also includes optional SMT Divergence detection, daily and weekly opening gaps, a live dashboard that shows the state of each model requirement, and optional signal performance statistics.
Pine Script® indicator
by fluxchart
41
XAUUSD Multi-Timeframe Bias Scanner🎯 Purpose & Overview This is a sophisticated trading indicator that analyzes XAUUSD (Gold) across 5 different timeframes simultaneously to determine market bias and trend direction. ⚙️ Core Components 2. Bias Calculation Engine The heart of the indicator uses 5 technical factors to score each timeframe: Technical Factors (Weighted): Moving Average Alignment (30 points) Bullish: EMA(9) > EMA(21) > EMA(50) Bearish: EMA(9) < EMA(21) < EMA(50) Price vs MA Position (20 points) Score increases when price above MAs Score decreases when price below MAs RSI Momentum (20 points) Bullish: RSI > 60 or > 50 Bearish: RSI < 40 or < 50 MACD Signals (15 points) Bullish: MACD line > Signal line AND > 0 Bearish: MACD line < Signal line AND < 0 Volume Confirmation (15 points) Volume spikes with price movement add confirmation 📊 Timeframe Analysis Five Timeframes Monitored: 5-minute - Short-term noise (10% weight) 15-minute - Intraday direction (15% weight) 1-hour - Key intraday bias (25% weight) 4-hour - Primary directional bias (30% weight) 1-day - Overall trend context (20% weight) Bias Scoring System: 0-100 Scale (50 = Neutral) STRONG BULLISH: ≥70 (Green) BULLISH: 55-69 (Lime) NEUTRAL: 46-54 (Gray) BEARISH: 31-45 (Orange) STRONG BEARISH: ≤30 (Red) 🎨 Visual Features 1. Comprehensive Table Display pinescript var table biasTable = table.new(position.top_right, 3, 7, ...) Shows a color-coded table with: Timeframe name Numerical bias score (0-100) Strength description with color coding 2. Chart Visual Indicators Background coloring based on overall bias Label markers for strong bullish/bearish conditions Real-time label showing all timeframe scores 3. Alert System Triggers when overall bias crosses 70 (bullish) or 30 (bearish) Configurable with sound options 🔄 How It Processes Data Data Flow: Requests security data for each timeframe using request.security() Calculates technical indicators for each TF separately Scores each TF based on 5 technical factors Computes weighted overall bias Updates visual displays and checks alert conditions 💡 Trading Applications Bullish Scenarios: Multiple timeframes show bullish alignment Higher timeframe bias supports lower timeframe direction Overall score > 70 indicates strong bullish conviction Bearish Scenarios: Multiple timeframes show bearish alignment Higher timeframe bias confirms lower timeframe moves Overall score < 30 indicates strong bearish conviction Conflict Detection: When timeframes show conflicting biases Caution required - market may be consolidating Wait for alignment before taking trades 🎚️ Customization Options Users can modify: Timeframe weights Technical indicator parameters Alert thresholds Visual display preferences Scoring sensitivity 📈 XAUUSD Specific Optimizations The indicator considers Gold's unique characteristics: High volatility periods ATR-based volatility adjustments Volume confirmation for breakouts Multiple timeframe confirmation for trend reliability This creates a powerful tool for identifying high-probability trade setups in XAUUSD by ensuring traders have a complete multi-timeframe perspective before entering positions.
Pine Script® indicator
by iconmanin
Kalman Trend Sniper# KALMAN TREND SNIPER ## ORIGINALITY STATEMENT The Kalman Trend Sniper combines adaptive trend detection with precision entry validation to identify high-probability trading opportunities. Unlike static moving averages that use fixed parameters, this indicator adapts to changing market volatility through ATR-based gain adjustment and distinguishes trending from ranging markets using ADX regime detection. The indicator's unique contribution is its three-phase entry validation system: signals must hold for three bars, undergo a pullback test to the signal level, and receive confirmation through price action before generating an entry. This structured approach helps traders enter established trends at favorable retracement levels rather than chasing momentum. --- ## TECHNICAL METHODOLOGY ### Kalman Filter Implementation This indicator implements an Alpha-Beta variant of the Kalman filter, a recursive algorithm that estimates trend from noisy price data: 1. Prediction: kf = kf + velocity 2. Error calculation: error = price - kf 3. Correction: kf = kf + gain * error 4. Velocity update: velocity = velocity + (gain * error) / 2 The gain parameter determines filter responsiveness. Higher gain values track price more closely but increase noise sensitivity, while lower values provide smoother output but lag price changes. ### Adaptive Gain Mechanism The indicator adjusts gain dynamically based on volatility: Volatility Factor = Current ATR / Long-term ATR Adaptive Gain = Base Gain * (0.7 + 0.6 * Volatility Factor) This ATR ratio increases responsiveness during high-volatility periods and reduces sensitivity during consolidations, addressing the fixed-parameter limitation of traditional moving averages. The volatility factor is bounded between configurable minimum and maximum values to prevent extreme adjustments. ### Regime Detection The indicator uses the Average Directional Index (ADX) to distinguish market conditions: - Trending markets (ADX above threshold): Full gain applied, signals generated - Ranging markets (ADX below threshold): Gain reduced 25%, fewer signals This regime awareness helps reduce whipsaw signals during sideways consolidation periods. ### Signal Line Validation System When the Kalman line changes direction in trending conditions, the indicator draws a horizontal signal line at the low (for long signals) or high (for short signals) of the signal candle. This line represents a potential support or resistance level. The validation system then monitors three phases: Phase 1 - Hold Period: Price must remain above (long) or below (short) the signal line for three consecutive bars. This requirement filters weak signals where price immediately violates the signal level. Phase 2 - Test: After the hold period, the system waits for price to pull back and touch the signal line, with configurable tolerance for volatile instruments. Phase 3 - Confirmation: Within eight bars of the test, a confirmation candle must close above (long) or below (short) the test candle's body, demonstrating renewed momentum. If confirmation does not occur within eight bars, the validation attempt expires. Successful validation generates an R label at the entry point. This three-phase structure helps identify entries where trend direction and support/resistance validation align. --- ## USAGE INSTRUCTIONS ### Signal Interpretation Triangle Signals: - Upward triangle (teal): Kalman line turns bullish in trending market (ADX above threshold) - Downward triangle (red): Kalman line turns bearish in trending market Signal Lines (horizontal): - Teal line: Potential long support level at signal candle low - Red line: Potential short resistance level at signal candle high - Gray line: First opposite-color candle after signal (initial reversal pressure) R Labels (optional, disabled by default): - Green R below price: Validation complete for long entry - Red R above price: Validation complete for short entry Stop Levels: - Red dots: Long stop level (Kalman line minus ATR multiplier) - Teal dots: Short stop level (Kalman line plus ATR multiplier) ### Dashboard Information The dashboard displays real-time indicator state: - Trend: Current Kalman direction (BULL/BEAR) - Regime: Market classification (Trending when ADX exceeds threshold, Ranging otherwise) - Gain: Current adaptive gain value - Vol Factor: Volatility ratio (current ATR / long-term ATR) - ADX: Trend strength (higher values indicate stronger trends) - Z-Score: Standard deviation distance from Kalman line (when enabled) - Stop Dist: Current ATR-based stop distance - Lines: Number of active signal lines displayed - R-Status: Validation system state (Idle / Waiting / Testing) ### Trading Applications Trend Following Approach: 1. Wait for triangle signal in trending market (ADX above threshold) 2. Enter immediately at signal candle close or wait for pullback 3. Place stop at displayed stop level 4. Trail stop using Kalman line as dynamic support/resistance Validation Entry Approach (conservative): 1. After triangle signal, observe three-bar hold period 2. Wait for pullback to signal line (test phase) 3. Enter on R label confirmation 4. Place stop below/above signal line 5. Provides higher probability entries but reduces trade frequency Z-Score Mean Reversion (when enabled): 1. Watch for Z-Score exceeding entry threshold (default +/-2.0) 2. Consider counter-trend entries when price touches Kalman line 3. Target return to Kalman line (Z-Score near zero) 4. Use Z-Score threshold as stop level for extreme continuation ### Optimal Conditions The indicator performs optimally in clearly trending markets where ADX consistently exceeds the threshold. Performance degrades in sideways, choppy conditions. Recommended timeframes: - 1-5 minute charts: Use Crypto_1M preset (faster adaptation) - 15-60 minute charts: Use Crypto_15M preset (balanced) - Hourly charts: Use Forex preset (smoother) - Daily charts: Use Stocks_Daily preset (long-term trends) Market conditions: - High volatility (Vol Factor above 1.5): Expect faster adaptation, wider stops needed - Normal volatility (Vol Factor 0.7-1.5): Standard behavior - Low volatility (Vol Factor below 0.7): Expect slower adaptation, tighter stops possible --- ## PARAMETER DOCUMENTATION ### Kalman Filter Settings Preset Mode: Select optimized configuration for specific markets - Custom: Manual parameter control - Crypto_1M: Base Gain 0.05, ATR 7 (fast response for 1-5 minute crypto charts) - Crypto_15M: Base Gain 0.03, ATR 14 (balanced for 15-60 minute crypto charts) - Forex: Base Gain 0.02, ATR 14 (standard for forex pairs) - Stocks_Daily: Base Gain 0.01, ATR 20 (smooth for daily stock charts) Base Gain (0.001-0.2): Core Kalman filter responsiveness parameter. Higher values increase sensitivity to price changes. Low values (0.01-0.02) provide smooth output with fewer whipsaws but slower trend changes. High values (0.06-0.08) offer fast response with more signals but increased whipsaw risk. Adaptive (checkbox): When enabled, automatically adjusts gain based on ATR ratio. Recommended to keep enabled for dynamic volatility adaptation. ATR (5-50): Short-term Average True Range period for current volatility measurement. Default 14 is industry standard. Lower values respond faster to volatility changes. Long ATR (20-200): Long-term ATR period for baseline volatility comparison. Default 50 provides stable reference. The ratio between ATR and Long ATR determines adaptive adjustment magnitude. Regime Filter (checkbox): Enables ADX-based trending/ranging detection. When enabled, reduces gain by 25 percent during ranging markets to minimize false signals. ADX Period (7-30): Period for ADX calculation. Default 14 is standard. Lower values respond faster to trend strength changes. Threshold (15-40): ADX level distinguishing trending from ranging markets. Default 25. Above threshold: trending (generate signals normally). Below threshold: ranging (reduce sensitivity). Min Vol / Max Vol (0.3-3.0): Bounds for volatility factor adjustment. Prevents extreme gain changes during unusual volatility spikes or quiet periods. Default minimum 0.5, maximum 2.0. Stop ATR x (1.0-3.0): Multiplier for ATR-based stop loss distance. Default 2.0 places stops two ATRs from Kalman line. Use 1.5 for tight stops (intraday), 2.5-3.0 for wide stops (swing trading). Show Signals (checkbox): Displays triangle signals when Kalman changes direction in trending markets. Disable to use indicator purely as dynamic support/resistance without signals. Z-Score (checkbox): Enables mean-reversion signal generation based on statistical deviation from Kalman line. Period (10-100): Lookback period for Z-Score standard deviation calculation. Default 20 bars. Longer periods produce smoother, less sensitive readings. Entry (1.5-3.5): Standard deviation threshold for Z-Score signals. Default 2.0 generates signals at plus/minus two standard deviations (approximately 95th percentile moves). Bull / Bear Colors: Customize Kalman line colors for uptrend (default teal) and downtrend (default red). Fill (checkbox): Shows semi-transparent fill between price and Kalman line for visual trend emphasis. ### Signal Line System Settings Signal Lines (checkbox): Displays horizontal signal lines at low (long) or high (short) of signal candles. These function as dynamic support/resistance levels. Reverse Lines (checkbox): Shows gray horizontal lines at first opposite-colored candle after signal. Helps identify initial resistance points in new trends. Max Lines (0-20): Maximum number of signal lines to display simultaneously. Older lines are removed as new signals appear. Use 1-2 for clean charts, 3-5 for recent support/resistance history. Style (Solid/Dotted/Dashed): Visual style for signal and reverse lines. Dotted provides subtle appearance, solid is most prominent. Line % / Label % (0-100): Transparency percentage for lines and labels. Zero is fully opaque, 100 is invisible. R Labels (checkbox): Shows R labels when validation confirmation occurs. Default disabled. Enable if you want visual confirmation of successful pullback entries. Tolerance % (0-1.0): Price deviation tolerance for test candle detection. Zero requires exact touch. 0.5 allows 0.5 percent deviation for volatile instruments. ### Dashboard Settings Show Dashboard (checkbox): Toggles visibility of information panel. Disable for clean chart presentation. Position: Choose dashboard location from nine positions (Top/Middle/Bottom combined with Left/Center/Right). --- ## LIMITATIONS AND WARNINGS This indicator is a technical analysis tool that processes historical price data. It does not predict future price movements. Inherent limitations: 1. Lagging nature: Like all trend indicators, the Kalman filter lags price. Signals occur after trend changes begin, not before. 2. Ranging markets: Generates fewer signals and reduced performance when ADX falls below threshold. Not optimized for sideways consolidation. 3. Whipsaw risk: In choppy, indecisive markets near ADX threshold, signals may reverse quickly despite regime filtering. 4. Parameter sensitivity: Inappropriate Base Gain settings can cause over-trading (too high) or missed trends (too low). 5. Validation requirement: The three-phase confirmation system provides higher accuracy but significantly reduces trade frequency. Not all trends produce valid pullback entries. Not suitable for: - Scalping strategies requiring instant signals (Kalman filter has intentional smoothing) - Ultra-high frequency trading (indicator updates once per bar close) - Markets with extreme overnight gaps (stops may be exceeded) - Strategies requiring signals on Heikin Ashi, Renko, Kagi, Point and Figure, or Range charts Risk management requirements: This indicator provides trend direction and signal levels but does not incorporate position sizing, risk management, or account balance considerations. Users must implement appropriate position sizing, maximum daily loss limits, and portfolio diversification. Past performance does not indicate future results. Optimal usage: - Works optimally in clearly trending markets where ADX consistently exceeds threshold - Performance degrades in sideways, choppy conditions - Designed for swing trading and position trading timeframes (15-minute and above) - Requires confirmation from price action or additional technical analysis --- ## NO REPAINT GUARANTEE This indicator operates on bar close confirmation only. All signals, signal lines, and validation labels appear exclusively when candles close. Historical signals remain exactly where they appeared. This makes the indicator suitable for automated trading and reliable backtesting. What you see in historical data matches what appeared in real-time. --- ## ALERTS The indicator provides eight alert conditions: 1. Kalman Buy Signal: Fires when upward triangle appears (bullish trend change in trending market) 2. Kalman Sell Signal: Fires when downward triangle appears (bearish trend change in trending market) 3. Trend Change to Bullish: Fires whenever Kalman line changes to bullish (regardless of ADX) 4. Trend Change to Bearish: Fires whenever Kalman line changes to bearish (regardless of ADX) 5. SCT-R Long Retest Confirmed: Fires when green R label appears for long validation 6. SCT-R Short Retest Confirmed: Fires when red R label appears for short validation 7. SCT Test Long Detected: Fires when test candle appears for long signal (before confirmation) 8. SCT Test Short Detected: Fires when test candle appears for short signal (before confirmation) Alert messages include context about bar close confirmation and current price levels. --- ## CALCULATION TRANSPARENCY While complete proprietary optimization methodology is not disclosed, the core technical approach is fully explained: Alpha-Beta Kalman filter with ATR-based adaptive gain adjustment and ADX regime detection. The signal line validation system uses a three-phase structure (hold, test, confirmation) with configurable parameters. Users can understand indicator functionality and make informed decisions about application. --- ## DISCLAIMER This indicator is provided as a technical analysis tool. It does not constitute financial advice, trading recommendations, or performance guarantees. All trading decisions carry risk. Users are responsible for their own trading decisions and risk management. Past results do not indicate future performance.
Pine Script® indicator
by ideatradepro
1
Scout Regiment - OBV# Scout Regiment - OBV Indicator ## English Documentation ### Overview Scout Regiment - OBV (On-Balance Volume) is an advanced momentum indicator that combines volume and price movement to identify the strength of buying and selling pressure. This indicator features an oscillator-based approach with divergence detection to help traders spot potential trend reversals and confirm price movements. ### What is OBV? On-Balance Volume (OBV) is a cumulative volume indicator that adds volume on up days and subtracts volume on down days: - **Rising OBV**: Accumulation (buying pressure) - **Falling OBV**: Distribution (selling pressure) - **OBV Oscillator**: The difference between OBV and its smoothed moving average, making divergences easier to spot ### Key Features #### 1. **OBV Oscillator Display** Instead of displaying raw OBV values, this indicator shows the oscillator (difference between OBV and its smoothed line): **Benefits:** - Easier to identify divergences - Clearer trend changes - More sensitive to momentum shifts - Zero line as reference point **Visual Elements:** - **Step Line**: Main OBV oscillator line - Green: Positive oscillator (accumulation) - Red: Negative oscillator (distribution) - **Histogram**: Visual representation of oscillator strength - Green bars: Above zero line - Red bars: Below zero line - **Zero Line**: White dotted horizontal line as reference #### 2. **Smoothing Options** Choose from multiple moving average types to smooth the OBV: - **None**: Raw OBV (most sensitive) - **SMA**: Simple Moving Average (equal weight) - **EMA**: Exponential Moving Average (recent price emphasis) - Default - **SMMA (RMA)**: Smoothed Moving Average (very smooth) - **WMA**: Weighted Moving Average (linear weight) - **VWMA**: Volume Weighted Moving Average (volume emphasis) **Default Settings:** - Type: EMA - Length: 21 periods - Best for: Most market conditions #### 3. **Multi-Timeframe Analysis** - Calculate OBV on any timeframe - View higher timeframe momentum on lower timeframe charts - Align trades with larger timeframe volume trends - Empty field = Current chart timeframe #### 4. **Visual Enhancements** **Background Color** - Light green: Positive oscillator (bullish volume pressure) - Light red: Negative oscillator (bearish volume pressure) - Optional display for cleaner charts **Crossover Labels** - "突破" (Breakout): When oscillator crosses above zero - "跌破" (Breakdown): When oscillator crosses below zero - Indicates potential trend changes - Can be toggled on/off #### 5. **Comprehensive Divergence Detection** The indicator automatically detects four types of divergences: **Regular Bullish Divergence (Yellow)** - **Price**: Makes lower lows - **OBV**: Makes higher lows - **Signal**: Potential upward reversal - **Label**: "看涨" (Bullish) - **Use**: Enter long positions **Regular Bearish Divergence (Blue)** - **Price**: Makes higher highs - **OBV**: Makes lower highs - **Signal**: Potential downward reversal - **Label**: "看跌" (Bearish) - **Use**: Enter short positions or exit longs **Hidden Bullish Divergence (Light Yellow)** - **Price**: Makes higher lows - **OBV**: Makes lower lows - **Signal**: Trend continuation (uptrend) - **Label**: "隐藏看涨" (Hidden Bullish) - **Use**: Add to long positions **Hidden Bearish Divergence (Light Blue)** - **Price**: Makes lower highs - **OBV**: Makes higher highs - **Signal**: Trend continuation (downtrend) - **Label**: "隐藏看跌" (Hidden Bearish) - **Use**: Add to short positions #### 6. **Customizable Divergence Detection** **Pivot Lookback Settings:** - **Left Lookback**: Bars to the left of pivot (default: 5) - **Right Lookback**: Bars to the right of pivot (default: 5) - Determines how "extreme" a point must be to qualify as a pivot **Range Settings:** - **Maximum Range**: Maximum bars between pivots (default: 60) - **Minimum Range**: Minimum bars between pivots (default: 5) - Filters out too-close or too-distant divergences **Display Options:** - Toggle regular divergences on/off - Toggle hidden divergences on/off - Toggle divergence labels on/off - Show only the divergences you need ### Configuration Settings #### Smoothing Settings - **Smoothing Type**: Choose MA type (None/SMA/EMA/SMMA/WMA/VWMA) - **Smoothing Length**: Number of periods for smoothing (default: 21) #### Calculation Settings - **Timeframe**: Select calculation timeframe (empty = current chart) #### Display Settings - **Show OBV Line**: Toggle step line display - **Show OBV Histogram**: Toggle histogram display - **Show Background Color**: Toggle background coloring - **Show Crossover Labels**: Toggle breakout/breakdown labels #### Divergence Settings - **Pivot Right Lookback**: Right bars for pivot detection (default: 5) - **Pivot Left Lookback**: Left bars for pivot detection (default: 5) - **Range Maximum**: Max bars between divergences (default: 60) - **Range Minimum**: Min bars between divergences (default: 5) - **Show Regular Divergences**: Enable/disable regular divergences - **Show Regular Labels**: Enable/disable regular divergence labels - **Show Hidden Divergences**: Enable/disable hidden divergences - **Show Hidden Labels**: Enable/disable hidden divergence labels ### How to Use #### For Trend Confirmation 1. **Identify Trend with Price** - Uptrend: Higher highs and higher lows - Downtrend: Lower highs and lower lows 2. **Confirm with OBV Oscillator** - Strong uptrend: OBV oscillator staying positive - Strong downtrend: OBV oscillator staying negative - Weak trend: OBV oscillator frequently crossing zero 3. **Volume Confirmation** - Trend with increasing OBV = Strong trend - Trend with decreasing OBV = Weak trend (watch for reversal) #### For Divergence Trading 1. **Enable Divergence Detection** - Start with regular divergences only - Add hidden divergences for trend continuation 2. **Wait for Divergence Signal** - Yellow label = Potential bullish reversal - Blue label = Potential bearish reversal 3. **Confirm with Price Action** - Wait for support/resistance break - Look for candlestick confirmation - Check higher timeframe alignment 4. **Enter Trade** - Enter after confirmation - Set stop loss beyond recent swing - Target based on previous swing or support/resistance #### For Breakout Trading 1. **Enable Crossover Labels** - Identify when oscillator crosses zero line 2. **Confirm Volume Strength** - Strong breakouts have large oscillator moves - Weak breakouts barely cross zero 3. **Trade Direction** - "突破" label = Enter long - "跌破" label = Enter short 4. **Manage Position** - Exit when oscillator crosses back - Use price structure for stops #### For Multi-Timeframe Analysis 1. **Set Higher Timeframe** - Example: On 15min chart, set timeframe to 1H or 4H 2. **Identify Higher Timeframe Trend** - Positive oscillator = Uptrend bias - Negative oscillator = Downtrend bias 3. **Trade with the Trend** - Only take long signals in uptrend - Only take short signals in downtrend 4. **Time Entries** - Use current timeframe for precise entry - Confirm with higher timeframe direction ### Trading Strategies #### Strategy 1: Regular Divergence Reversal **Setup:** 1. Price in strong trend (up or down) 2. Regular divergence appears 3. Price reaches support/resistance level **Entry:** - Bullish: After "看涨" label, when price breaks above recent high - Bearish: After "看跌" label, when price breaks below recent low **Stop Loss:** - Bullish: Below divergence low - Bearish: Above divergence high **Exit:** - Take profit at next major support/resistance - Or when opposite divergence appears **Best For:** Swing trading, reversal trading #### Strategy 2: Hidden Divergence Continuation **Setup:** 1. Clear trend established 2. Price pulls back (retracement) 3. Hidden divergence appears **Entry:** - Bullish: After "隐藏看涨" label, when price resumes uptrend - Bearish: After "隐藏看跌" label, when price resumes downtrend **Stop Loss:** - Behind the pullback swing point **Exit:** - Trail stop as trend continues - Exit on regular divergence (reversal signal) **Best For:** Trend following, adding to positions #### Strategy 3: Zero Line Crossover **Setup:** 1. Enable crossover labels 2. Oscillator crosses zero line 3. Confirm with price structure break **Entry:** - "突破" label = Buy signal - "跌破" label = Sell signal **Stop Loss:** - Below/above recent swing **Exit:** - When oscillator crosses back over zero - Or at predetermined target **Best For:** Momentum trading, quick trades #### Strategy 4: Multi-Timeframe Confluence **Setup:** 1. Set indicator to higher timeframe (e.g., 4H on 1H chart) 2. Wait for higher TF oscillator to be positive (uptrend) or negative (downtrend) 3. Look for entries on current timeframe aligned with higher TF **Entry:** - Long: When both timeframes show positive oscillator or bullish divergence - Short: When both timeframes show negative oscillator or bearish divergence **Stop Loss:** - Based on current timeframe structure **Exit:** - When higher timeframe oscillator turns negative (for longs) or positive (for shorts) **Best For:** Swing trading, high-probability setups ### Best Practices #### Volume Analysis 1. **Strong Moves Need Volume** - Price increase + Rising OBV = Healthy uptrend - Price increase + Falling OBV = Weak uptrend (warning) 2. **Watch for Confirmation** - New highs with new OBV highs = Confirmed - New highs without new OBV highs = Potential divergence 3. **Consider Context** - Low volume periods (Asian session, holidays) = Less reliable - High volume periods (News, London/NY overlap) = More reliable #### Divergence Trading Tips 1. **Not All Divergences Work** - Wait for price confirmation - Stronger in oversold/overbought areas - Better at support/resistance levels 2. **Multiple Divergences** - Multiple divergences on same trend = Stronger signal - Quick divergence failures = Ignore and wait for next 3. **Timeframe Matters** - Higher timeframe divergences = More reliable - Lower timeframe divergences = More frequent, less reliable #### Smoothing Selection 1. **No Smoothing (None)** - Most sensitive, more signals - More noise, more false signals - Best for: Scalping, very active trading 2. **EMA (Default)** - Balanced approach - Good for most strategies - Best for: Swing trading, day trading 3. **SMMA (RMA)** - Very smooth, fewer signals - Less responsive to sudden changes - Best for: Position trading, longer timeframes ### Indicator Combinations **With Moving Averages:** - Use EMAs for trend direction - OBV for volume confirmation - Enter when both align **With RSI:** - RSI for overbought/oversold - OBV for volume confirmation - Divergences on both = Stronger signal **With Price Action:** - Support/resistance for levels - OBV for strength confirmation - Breakouts with positive OBV = More likely to succeed **With Bias Indicator:** - Bias for price deviation - OBV for volume confirmation - Both showing divergence = High probability reversal ### Common Patterns 1. **Accumulation**: OBV rising while price consolidates (breakout likely) 2. **Distribution**: OBV falling while price consolidates (breakdown likely) 3. **Confirmation**: OBV and price both making new highs/lows (trend strong) 4. **Divergence**: OBV and price moving opposite directions (reversal warning) 5. **False Breakout**: Price breaks but OBV doesn't confirm (likely to fail) ### Performance Tips - Disable unused display features for faster loading - Start with regular divergences only, add hidden later - Use histogram for quick visual reference - Enable crossover labels for clear entry signals - Test different smoothing lengths for your market ### Alert Conditions The indicator includes alerts for: - Regular bullish divergence detected - Regular bearish divergence detected - Hidden bullish divergence detected - Hidden bearish divergence detected **How to Set Alerts:** 1. Click on the indicator name 2. Select "Add Alert" 3. Choose condition 4. Configure notification method --- ## 中文说明文档 ### 概述 Scout Regiment - OBV（能量潮）是一个高级动量指标，结合成交量和价格变动来识别买卖压力的强度。该指标采用振荡器方法并具有背离检测功能，帮助交易者发现潜在的趋势反转并确认价格走势。 ### 什么是OBV？ 能量潮（OBV）是一个累积成交量指标，在上涨日累加成交量，在下跌日减去成交量： - **上升的OBV**：积累（买入压力） - **下降的OBV**：派发（卖出压力） - **OBV振荡器**：OBV与其平滑移动平均线之间的差值，使背离更容易识别 ### 核心功能 #### 1. **OBV振荡器显示** 该指标不显示原始OBV值，而是显示振荡器（OBV与其平滑线之间的差值）： **优势：** - 更容易识别背离 - 趋势变化更清晰 - 对动量变化更敏感 - 零线作为参考点 **视觉元素：** - **阶梯线**：主OBV振荡器线 - 绿色：正振荡器（积累） - 红色：负振荡器（派发） - **柱状图**：振荡器强度的可视化表示 - 绿色柱：零线以上 - 红色柱：零线以下 - **零线**：白色虚线作为参考 #### 2. **平滑选项** 选择多种移动平均类型来平滑OBV： - **None**：原始OBV（最敏感） - **SMA**：简单移动平均（等权重） - **EMA**：指数移动平均（强调近期价格）- 默认 - **SMMA (RMA)**：平滑移动平均（非常平滑） - **WMA**：加权移动平均（线性权重） - **VWMA**：成交量加权移动平均（强调成交量） **默认设置：** - 类型：EMA - 长度：21周期 - 适合：大多数市场状况 #### 3. **多时间框架分析** - 在任何时间框架上计算OBV - 在低时间框架图表上查看高时间框架动量 - 使交易与更大时间框架的成交量趋势保持一致 - 空字段 = 当前图表时间框架 #### 4. **视觉增强** **背景颜色** - 浅绿色：正振荡器（看涨成交量压力） - 浅红色：负振荡器（看跌成交量压力） - 可选显示，图表更清爽 **穿越标签** - "突破"：振荡器向上穿越零线 - "跌破"：振荡器向下穿越零线 - 指示潜在趋势变化 - 可开关 #### 5. **全面的背离检测** 指标自动检测四种类型的背离： **常规看涨背离（黄色）** - **价格**：创新低 - **OBV**：创更高的低点 - **信号**：潜在向上反转 - **标签**："看涨" - **用途**：进入多头仓位 **常规看跌背离（蓝色）** - **价格**：创新高 - **OBV**：创更低的高点 - **信号**：潜在向下反转 - **标签**："看跌" - **用途**：进入空头仓位或退出多头 **隐藏看涨背离（浅黄色）** - **价格**：创更高的低点 - **OBV**：创更低的低点 - **信号**：趋势延续（上升趋势） - **标签**："隐藏看涨" - **用途**：加仓多头 **隐藏看跌背离（浅蓝色）** - **价格**：创更低的高点 - **OBV**：创更高的高点 - **信号**：趋势延续（下降趋势） - **标签**："隐藏看跌" - **用途**：加仓空头 #### 6. **可自定义的背离检测** **枢轴回溯设置：** - **左侧回溯**：枢轴点左侧K线数（默认：5） - **右侧回溯**：枢轴点右侧K线数（默认：5） - 决定一个点要多"极端"才能成为枢轴点 **范围设置：** - **最大范围**：枢轴点之间最大K线数（默认：60） - **最小范围**：枢轴点之间最小K线数（默认：5） - 过滤太近或太远的背离 **显示选项：** - 开关常规背离 - 开关隐藏背离 - 开关背离标签 - 只显示需要的背离 ### 配置设置 #### 平滑设置 - **平滑类型**：选择MA类型（None/SMA/EMA/SMMA/WMA/VWMA） - **平滑长度**：平滑周期数（默认：21） #### 计算设置 - **时间周期**：选择计算时间框架（空 = 当前图表） #### 显示设置 - **显示OBV点线**：切换阶梯线显示 - **显示OBV柱状图**：切换柱状图显示 - **显示背景颜色**：切换背景着色 - **显示突破标签**：切换突破/跌破标签 #### 背离设置 - **枢轴右侧回溯**：枢轴检测右侧K线数（默认：5） - **枢轴左侧回溯**：枢轴检测左侧K线数（默认：5） - **回看范围最大值**：背离之间最大K线数（默认：60） - **回看范围最小值**：背离之间最小K线数（默认：5） - **显示常规背离**：启用/禁用常规背离 - **显示常规背离标签**：启用/禁用常规背离标签 - **显示隐藏背离**：启用/禁用隐藏背离 - **显示隐藏背离标签**：启用/禁用隐藏背离标签 ### 使用方法 #### 趋势确认 1. **用价格识别趋势** - 上升趋势：更高的高点和更高的低点 - 下降趋势：更低的高点和更低的低点 2. **用OBV振荡器确认** - 强劲上升趋势：OBV振荡器保持正值 - 强劲下降趋势：OBV振荡器保持负值 - 弱势趋势：OBV振荡器频繁穿越零线 3. **成交量确认** - 趋势伴随上升的OBV = 强趋势 - 趋势伴随下降的OBV = 弱趋势（注意反转） #### 背离交易 1. **启用背离检测** - 先从常规背离开始 - 添加隐藏背离用于趋势延续 2. **等待背离信号** - 黄色标签 = 潜在看涨反转 - 蓝色标签 = 潜在看跌反转 3. **用价格行为确认** - 等待支撑/阻力突破 - 寻找K线确认 - 检查更高时间框架对齐 4. **进入交易** - 确认后进入 - 在近期波动之外设置止损 - 基于前一波动或支撑/阻力设定目标 #### 突破交易 1. **启用穿越标签** - 识别振荡器何时穿越零线 2. **确认成交量强度** - 强突破有大振荡器移动 - 弱突破勉强穿越零线 3. **交易方向** - "突破"标签 = 进入多头 - "跌破"标签 = 进入空头 4. **管理仓位** - 振荡器反向穿越时退出 - 使用价格结构设置止损 #### 多时间框架分析 1. **设置更高时间框架** - 例如：在15分钟图上，设置时间框架为1H或4H 2. **识别更高时间框架趋势** - 正振荡器 = 上升趋势偏向 - 负振荡器 = 下降趋势偏向 3. **顺趋势交易** - 仅在上升趋势中接受多头信号 - 仅在下降趋势中接受空头信号 4. **把握入场时机** - 使用当前时间框架进行精确进入 - 用更高时间框架方向确认 ### 交易策略 #### 策略1：常规背离反转 **设置：** 1. 价格处于强趋势（上涨或下跌） 2. 出现常规背离 3. 价格到达支撑/阻力水平 **入场：** - 看涨：在"看涨"标签后，价格突破近期高点时 - 看跌：在"看跌"标签后，价格跌破近期低点时 **止损：** - 看涨：背离低点之下 - 看跌：背离高点之上 **退出：** - 在下一个主要支撑/阻力获利 - 或出现相反背离时 **适合：**波段交易、反转交易 #### 策略2：隐藏背离延续 **设置：** 1. 建立明确趋势 2. 价格回调（回撤） 3. 出现隐藏背离 **入场：** - 看涨：在"隐藏看涨"标签后，价格恢复上升趋势时 - 看跌：在"隐藏看跌"标签后，价格恢复下降趋势时 **止损：** - 在回调波动点之后 **退出：** - 随着趋势延续移动止损 - 出现常规背离（反转信号）时退出 **适合：**趋势跟随、加仓 #### 策略3：零线穿越 **设置：** 1. 启用穿越标签 2. 振荡器穿越零线 3. 用价格结构突破确认 **入场：** - "突破"标签 = 买入信号 - "跌破"标签 = 卖出信号 **止损：** - 近期波动之下/之上 **退出：** - 振荡器反向穿越零线时 - 或在预定目标 **适合：**动量交易、快速交易 #### 策略4：多时间框架汇合 **设置：** 1. 设置指标到更高时间框架（例如，在1H图上设置4H） 2. 等待更高TF振荡器为正（上升趋势）或负（下降趋势） 3. 在当前时间框架上寻找与更高TF一致的入场机会 **入场：** - 多头：两个时间框架都显示正振荡器或看涨背离时 - 空头：两个时间框架都显示负振荡器或看跌背离时 **止损：** - 基于当前时间框架结构 **退出：** - 更高时间框架振荡器变为负（多头）或正（空头）时 **适合：**波段交易、高概率设置 ### 最佳实践 #### 成交量分析 1. **强势波动需要成交量** - 价格上涨 + 上升的OBV = 健康上升趋势 - 价格上涨 + 下降的OBV = 弱上升趋势（警告） 2. **注意确认** - 新高伴随新OBV高点 = 已确认 - 新高没有新OBV高点 = 潜在背离 3. **考虑背景** - 低成交量期（亚洲时段、假期）= 可靠性较低 - 高成交量期（新闻、伦敦/纽约重叠）= 更可靠 #### 背离交易技巧 1. **不是所有背离都有效** - 等待价格确认 - 在超卖/超买区域更强 - 在支撑/阻力水平更好 2. **多重背离** - 同一趋势上多个背离 = 更强信号 - 背离快速失败 = 忽略并等待下一个 3. **时间框架重要** - 更高时间框架背离 = 更可靠 - 更低时间框架背离 = 更频繁，可靠性较低 #### 平滑选择 1. **无平滑（None）** - 最敏感，更多信号 - 更多噪音，更多假信号 - 适合：剥头皮、非常活跃的交易 2. **EMA（默认）** - 平衡方法 - 适合大多数策略 - 适合：波段交易、日内交易 3. **SMMA (RMA)** - 非常平滑，更少信号 - 对突然变化响应较慢 - 适合：仓位交易、更长时间框架 ### 指标组合 **与移动平均线配合：** - 使用EMA确定趋势方向 - OBV确认成交量 - 两者一致时进入 **与RSI配合：** - RSI用于超买超卖 - OBV用于成交量确认 - 两者都背离 = 更强信号 **与价格行为配合：** - 支撑/阻力确定水平 - OBV确认强度 - 正OBV的突破 = 更可能成功 **与Bias指标配合：** - Bias用于价格偏离 - OBV用于成交量确认 - 两者都显示背离 = 高概率反转 ### 常见形态 1. **积累**：OBV上升而价格盘整（突破可能） 2. **派发**：OBV下降而价格盘整（跌破可能） 3. **确认**：OBV和价格都创新高/新低（趋势强劲） 4. **背离**：OBV和价格反向移动（反转警告） 5. **假突破**：价格突破但OBV不确认（可能失败） ### 性能提示 - 禁用未使用的显示功能以加快加载 - 先从常规背离开始，稍后添加隐藏背离 - 使用柱状图快速视觉参考 - 启用穿越标签以获得清晰的入场信号 - 为您的市场测试不同的平滑长度 ### 警报条件 指标包含以下警报： - 检测到常规看涨背离 - 检测到常规看跌背离 - 检测到隐藏看涨背离 - 检测到隐藏看跌背离 **如何设置警报：** 1. 点击指标名称 2. 选择"添加警报" 3. 选择条件 4. 配置通知方法 --- ## Technical Support For questions or issues, please refer to the TradingView community or contact the indicator creator. ## 技术支持 如有问题，请参考TradingView社区或联系指标创建者。
Pine Script® indicator
by lwmxmpyp
ICT/SMC DOL Detector PRO (Final)This indicator is designed to operate only on the 1-hour timeframe. The ICT/SMC DOL Detector PRO is an educational indicator designed to identify and visualize Draw on Liquidity (DOL) levels across multiple time-frames. It tracks unmitigated daily highs and lows, clusters them into zones, and calculates confidence scores based on multiple factors including time decay, cluster size, and time-frame alignment. This indicator is based on ICT (Inner Circle Trader) concepts and liquidity theory, which suggests that price tends to seek out areas of concentrated unfilled orders before reversing or continuing its trend. What is a DOL (Draw on Liquidity)? A Draw on Liquidity represents a daily high or low that has not been revisited (mitigated) by price. These levels act as "magnets" that draw price toward them because: 1. They represent untapped liquidity pools where unfilled orders exist 2. Market makers and institutions often target these levels to fill large orders 3. Price is drawn to these zones to clear pending orders 4. They can serve as potential reversal or continuation zones once liquidity is taken Methodology 1. Level Tracking The indicator monitors daily session highs and lows on the 1-hour time-frame, tracking: - Session high price and time of formation - Session low price and time of formation - Whether each level has been breached (mitigated) - Time elapsed since level formation 2. Clustering Algorithm Unmitigated levels within a defined tolerance (default 0.5% of price) are grouped together to identify zones where multiple DOLs cluster. Larger clusters indicate stronger liquidity pools. 3. Confidence Scoring (The "AI" Logic) Each DOL receives a confidence score (0-100%) based on three weighted factors. This is the core "AI" intelligence of the indicator: **Factor 1: Cluster Size (50% weight)** - Counts how many unmitigated levels exist within 0.5% of the price zone - Formula: (levels_in_cluster / total_unmitigated_levels) × 50 - Logic: More unfilled orders clustered together = stronger liquidity pool = higher confidence - Example: If 5 out of 10 total unmitigated levels cluster at 27,500, cluster score = (5/10) × 50 = 25% **Factor 2: Time Decay (25% weight)** - Calculates age of the level since formation - Fresh levels (< 1 week old): Full 25% score - Aging penalty: Loses 5% per week of age - Maximum penalty: 25% (very old levels = 0% time score) - Formula: max(0, 25 - (weeks_old × 5)) - Logic: Recent liquidity is more relevant than old liquidity that price has ignored for months **Factor 3: Timeframe Alignment (25% weight)** - Checks how many timeframes (1H, 4H, D1, W1) point in the same direction - If multiple timeframes identify DOLs on the same side (all bullish or all bearish): Higher score - If mixed signals: Lower score - Formula: (aligned_timeframes / total_timeframes) × 25 - Logic: When multiple timeframes agree, the liquidity zone is validated across different time perspectives **Total Confidence Score:** ``` Confidence = Cluster_Score + Time_Score + Alignment_Score = (0-50%) + (0-25%) + (0-25%) = 0-100% ``` **Example Calculation:** ``` DOL at 27,500: - 6 out of 12 unmitigated levels cluster here → (6/12) × 50 = 25% - Level is 2 weeks old → 25 - (2 × 5) = 15% - 3 out of 4 timeframes bullish toward this level → (3/4) × 25 = 18.75% - Total Confidence = 25% + 15% + 18.75% = 58.75% ≈ 59% ``` This mathematical approach removes subjectivity and provides objective, data-driven confidence scoring. 4. Multi-Timeframe Analysis The indicator analyzes DOLs across four timeframes: - **1H:** Intraday levels (fastest reaction) - **4H:** Short-term swing levels - **Daily:** Intermediate-term levels - **Weekly:** Long-term structural levels For each timeframe, it identifies: - Highest confidence unmitigated high - Highest confidence unmitigated low - Directional bias (bullish if high > low confidence, bearish if low > high confidence) 5. Primary DOL Selection (AI Auto-Selection Logic) When "Show AI DOL" is enabled, the indicator uses an automated selection algorithm to identify the most important targets: **Step 1: Collect All Candidates** The algorithm gathers all identified DOLs from all timeframes (1H, 4H, D1, W1) that meet minimum criteria: - Must be unmitigated (not yet swept) - Must have confidence score > 0% - Must have at least 1 level in cluster **Step 2: Calculate Confidence for Each** Each candidate DOL receives its confidence score using the three-factor formula described above (Cluster + Time + Alignment). **Step 3: Sort by Confidence** All candidates are ranked from highest to lowest confidence score. **Step 4: Select Primary and Secondary** - **P1 (Primary DOL):** The DOL with the absolute highest confidence score - **P2 (Secondary DOL):** The DOL with the second highest confidence score **Why This Matters:** Instead of manually scanning multiple timeframes and guessing which level is most important, the AI objectively identifies the two highest-probability liquidity targets based on quantifiable data. **Example AI Selection:** ``` Available DOLs: - 1H High: 27,400 - 4H High: 27,500 - D1 High: 27,500 ← P1 (Highest) - W1 High: 27,650 ← P2 (Second Highest) - 1H Low: 26,800 - D1 Low: 26,500 AI Selection: P1 = 27,500 (Daily High with 92% confidence) P2 = 27,650 (Weekly High with 88% confidence) ``` This provides a data-driven target selection rather than subjective manual interpretation. The AI removes emotion and bias, selecting targets based purely on mathematical probability. Features Why "AI" DOL? The term "AI" in this indicator refers to the automated algorithmic selection process, not machine learning or neural networks. Specifically: **What the AI Does:** - Automatically evaluates all available DOLs across all timeframes - Applies a weighted scoring algorithm (Cluster 50%, Time 25%, Alignment 25%) - Objectively ranks DOLs by probability - Selects the top 2 highest-confidence targets (P1 and P2) - Removes human bias and emotion from target selection **What the AI Does NOT Do:** - It does not use machine learning or train on historical data - It does not predict future price movements - It does not adapt or "learn" over time - It does not guarantee accuracy The "AI" is simply an automated decision-making algorithm that applies consistent mathematical rules to identify the most statistically significant liquidity zones. Think of it as a "smart filter" rather than artificial intelligence in the traditional sense. Visual Components **Daily Level Lines:** - Green lines: Unmitigated (not yet breached) levels - Red lines: Mitigated (already breached) levels - Dots at origin point showing where level was formed - X marker when level gets breached - Lines extend forward to show projection **DOL Labels:** - Display timeframe (1H, 4H, D1, W1) or "DOL" for AI selection - Show confidence percentage in brackets - Color-coded by timeframe: - Lime: AI DOL (Smart selection) - Aqua: 1-hour timeframe - Blue: 4-hour timeframe - Purple: Daily timeframe - Orange: Weekly timeframe **Info Box (Top Right):** Displays comprehensive liquidity metrics: - Total levels tracked - Active (unmitigated) levels count - Cleared (mitigated) levels count - Flow direction (BID PRESSURE / OFFER PRESSURE) - Most recent sweep - Primary and Secondary DOL targets - Multi-timeframe bias analysis - Overall directional bias Settings Explained **Daily Levels Group:** - Show Daily Highs/Lows: Toggle visibility of all daily level tracking - Unbreached Color: Color for levels not yet hit - Breached Color: Color for levels that have been swept - Show X on Breach: Display marker when level is breached - Show Dot at Origin: Display marker at level formation point - Line Width: Thickness of level lines (1-5) - Line Extension: How many bars forward to project (1-24) - Max Days to Track: Historical lookback period (5-200 days) **DOL Settings Group:** - Cluster Tolerance %: Price range to group DOLs (0.1-2.0%) - Show Price on Labels: Display actual price value on labels - Backtest Mode: Only show recent labels for clean historical analysis - Labels Lookback: Number of bars to show labels when backtesting (10-500) **Info Box Group:** - Show Info Box: Toggle info panel visibility **DOL Toggles Group:** - Show AI DOL: Display smart auto-selected primary target - Show 1HR DOL: Display 1-hour timeframe DOLs - Show 4HR DOL: Display 4-hour timeframe DOLs - Show Daily DOL: Display daily timeframe DOLs - Show Weekly DOL: Display weekly timeframe DOLs **Advanced Group:** - Manual Mode: Simplified display showing only daily high/low clusters How to Use This Indicator Educational Application This indicator is intended for educational purposes to help traders: 1. **Understand Liquidity Concepts:** Visualize where unfilled orders may exist 2. **Identify Key Levels:** See where price may be drawn to 3. **Analyze Market Structure:** Understand how price interacts with liquidity 4. **Study Multi-Timeframe Alignment:** Observe when multiple timeframes agree 5. **Learn ICT Concepts:** Apply liquidity theory in practice Interpretation Guidelines **BID PRESSURE (Flow):** When lows are being swept more than highs, it suggests: - Sell-side liquidity being taken - Potential for upward move to unfilled buy-side liquidity - Market may be clearing the way for a bullish move **OFFER PRESSURE (Flow):** When highs are being swept more than lows, it suggests: - Buy-side liquidity being taken - Potential for downward move to unfilled sell-side liquidity - Market may be clearing the way for a bearish move **Confidence Scores:** - 90-100%: Very high probability zone (strong cluster, recent, aligned) - 80-89%: High probability zone (good cluster, relatively recent) - 70-79%: Moderate probability zone (decent cluster or older) - 60-69%: Lower probability zone (small cluster or very old) - Below 60%: Weak zone (minimal confluence) **Timeframe Analysis:** - All timeframes LONG: Strong bullish alignment - All timeframes SHORT: Strong bearish alignment - Mixed: Conflicting signals, exercise caution - Higher timeframes (D1, W1) carry more weight than lower (1H, 4H) **DIRECTIONAL Indicator:** - BULLISH: Overall bias suggests upward movement toward buy-side DOLs - BEARISH: Overall bias suggests downward movement toward sell-side DOLs - NEUTRAL: No clear directional bias, conflicting signals Practical Application Examples **Example 1: Bullish Setup** ``` Flow: BID PRESSURE (lows being swept) P1: 27,500 (price above current market) D1: LONG 27,500 W1: LONG 27,650 DIRECTIONAL: BULLISH ``` Interpretation: Price has cleared sell-side liquidity. High confidence buy-side DOL at 27,500. Daily and Weekly timeframes aligned bullish. Watch for move toward 27,500 target. **Example 2: Bearish Setup** ``` Flow: OFFER PRESSURE (highs being swept) P1: 26,200 (price below current market) D1: SHORT 26,200 W1: SHORT 26,100 DIRECTIONAL: BEARISH ``` Interpretation: Price has cleared buy-side liquidity. High confidence sell-side DOL at 26,200. Daily and Weekly timeframes aligned bearish. Watch for move toward 26,200 target. **Example 3: Mixed Signals - Wait** ``` Flow: BID PRESSURE P1: 26,800 D1: LONG 27,000 W1: SHORT 26,200 DIRECTIONAL: NEUTRAL ``` Interpretation: Conflicting signals. Flow suggests up, but Weekly bias is down. Confidence scores moderate. Better to wait for clarity. Important Considerations This Indicator Does NOT: - Predict the future - Guarantee profitable trades - Provide buy/sell signals - Replace proper risk management - Work in isolation without other analysis This Indicator DOES: - Visualize liquidity concepts - Identify potential target zones - Show timeframe alignment - Calculate objective confidence scores - Help understand market structure Proper Usage: 1. Use as one component of a complete trading strategy 2. Combine with price action analysis 3. Confirm with other technical indicators 4. Consider fundamental factors 5. Always use proper risk management 6. Backtest any strategy before live trading Risk Disclaimer **FOR EDUCATIONAL PURPOSES ONLY** This indicator is for educational purposes only. Trading financial markets involves substantial risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult with a financial advisor before making trading decisions. **Important Limitations:** - No indicator is 100% accurate, including the AI selection - The "AI" is an automated algorithm, not predictive artificial intelligence - DOL levels can be swept and price can continue in the same direction - Confidence scores are mathematical calculations, not predictions or probabilities of success - High confidence does not mean guaranteed profit - Markets can remain irrational longer than you can remain solvent - Always use stop losses and proper position sizing **Understanding the AI Component:** The AI auto-selection feature uses a fixed mathematical formula to rank DOLs. It does not: - Predict where price will go - Learn from past performance - Adapt to market conditions - Guarantee any level of accuracy The confidence score represents the mathematical strength of a liquidity cluster based on objective factors (cluster size, recency, timeframe alignment), NOT a probability of the trade succeeding. **Risk Warning:** Trading is risky. Most traders lose money. This indicator cannot change that fundamental reality. Use it as an educational tool to understand market structure, not as a trading signal or system. Technical Requirements - **Timeframe:** Best used on 1-hour charts (required for accurate daily level tracking) - **Markets:** Works on any market (forex, crypto, stocks, futures, indices) - **Updates:** Real-time calculation on each bar close - **Resources:** Uses max 500 lines and 500 labels (TradingView limits) Backtesting Features The indicator includes "Backtest Mode" to keep historical charts clean: - When enabled, only shows labels from recent bars - Adjustable lookback period (10-500 bars) - All lines remain visible - Helps review past setups without clutter To use: 1. Enable "Backtest Mode" in settings 2. Adjust "Labels Lookback" to desired period 3. Review historical price action 4. Disable for live trading Credits and Methodology This indicator implements concepts from: - ICT (Inner Circle Trader) liquidity theory - Smart Money Concepts (SMC) - Order flow analysis - Multi-timeframe analysis principles The clustering algorithm, confidence scoring, and timeframe synthesis are original implementations designed to quantify and visualize these concepts. Version History **v1.0 - Initial Release** - Multi-timeframe DOL detection - Confidence scoring system - Info box with liquidity metrics - Backtest mode for clean charts - Black/white professional theme Support and Updates For questions, feedback, or suggestions, please use the TradingView comments section. Updates and improvements will be released as needed based on user feedback and market evolution. **Remember:** This is an educational tool. Successful trading requires knowledge, discipline, risk management, and continuous learning. Use this indicator to enhance your understanding of market structure and liquidity, not as a standalone trading system.
Pine Script® indicator
by NeverWishing
掘金社区趋势系统Of course. Here is the English translation of the provided trading system rules: ### Trading System Core Elements Explained #### 1. Core Indicators and Definitions * **Bull-Bear Line (Purple Line):** The primary basis for measuring the strength of long and short forces. * *Example: If the 5-minute chart candlestick is below the Bull-Bear Line, the bears have the advantage. If the candlestick is above it, the bulls have the advantage.* * **Trading Line (Yellow Line):** The operational line. * **Opening/Closing Positions:** The Bull-Bear Line and Trading Line are the levels for both opening trades and taking profits. * *Clarification: We only open or close positions when the price is at or very close to the Trading Line or Bull-Bear Line. If the price is not near these lines, it is not an opportunity for us to open or close a position. Note that the above rules for the Trading Line and Bull-Bear Line apply to all timeframes. Profit targets are scaled up through higher timeframes.* #### 2. How to Identify a One-Sided Trend * **Uptrend:** When the ribbon is **green** and positioned **above the Trading Line** and **above the Bull-Bear Line**, it indicates an uptrend on that timeframe. * **Multi-Timeframe Confirmation (Resonance):** If **three timeframes simultaneously** show this state (green ribbon above both lines), it is a multi-timeframe resonance. The trading strategy then is to **buy on dips to support**, with entry positions being the Trading Line and Bull-Bear Line on the various timeframes. * **General Rule:** When the price is **above the Bull-Bear Line**, place more trust in emerging **long signals** (e.g., green ribbon) to enter long positions. * **Downtrend (Conversely):** When the candlestick is **below the Bull-Bear Line**, place more trust in emerging **short signals** (e.g., red ribbon) to enter short positions. #### 3. Gauging Long/Short Strength * The primary references for measuring the strength of bulls and bears are: 1. The positional relationship between the **Candlestick**, the **Bull-Bear Line**, and the **Trading Line**. 2. The **color of the ribbon**. * **During Bearish Advantage:** Place more trust in emerging bearish signals for shorting. Be cautious with long operations. * **During Bullish Trend:** Place more trust in emerging bullish signals. Focus on long positions and be cautious with shorting. #### 4. Strong Trending Markets * **Strong Bullish Market:** A pullback **does not break the lower ribbon**. In a strong, one-sided rally, the pullback **does not break the 5-15 minute Trading Line**. * **Strong Bearish Market:** A rebound **does not surpass the upper ribbon**. In the strongest one-sided decline, the rebound **does not surpass the 5-15 minute Trading Line**.
Pine Script® indicator
by wz628262
True Trend OscillatorCore Concept: The Range Filter The main purpose of this indicator is not just to show the trend, but to actively filter out "noise" or sideways (ranging) markets. It doesn't give you a buy or sell signal simply because a fast line crosses a slow one. Instead, it tells you if the market has sufficient strength to sustain a trend. If it doesn't, it signals this by painting the line gray, suggesting it's better to stay out. How It Works: The 3 Key Components Your indicator works by fusing three concepts: Price Momentum, Volatility Momentum, and a Threshold Filter. 1. Price Momentum Component (RSI) What it does: It uses a standard RSI (14-period) to measure the internal strength of the price. How it's used: If the RSI is high (e.g., > 50), the "Bulls" have the momentum. If the RSI is low (e.g., < 50), the "Bears" have the momentum. 2. "Energy" Component (Stochastic ATR) What it does: This is the most advanced part of the indicator. It doesn't measure price; it measures volatility. How it's used: It calculates the ATR (Average True Range) to measure volatility. It then calculates a Stochastic of the ATR. This measures where the current volatility is relative to its recent range (highs and lows of volatility). The result is the value k, which represents the market's "energy" or "conviction". 3. The Fusion: Creating the Bull and Bear Lines This is where the magic happens. The indicator combines price momentum (RSI) with energy (k) using a geometric mean (math.sqrt): bull = math.sqrt(RSI * k) bear = math.sqrt((100 - RSI) * k) This means a strong "Bull" line needs not only a high RSI but also high "energy" (k). The Visual Logic: How to Read the Oscillator You have modified the indicator to display a single line (trendStrength) whose value is the strength of the dominant trend (math.max(bull, bear)). The color of this line is the most important signal and is based on the Threshold Filter: 🟩 Green Color (Strong Bullish Trend) The line is painted green (lime) only if TWO conditions are met: Bullish strength is greater than bearish strength (bull > bear). AND the bearish strength (the weaker side) is still above the threshold (math.min(bull, bear) > threshold). Meaning: The bulls are winning, but the bears are still putting up a fight. This is a "true trend," not just a weak, random move. 🟥 Red Color (Strong Bearish Trend) The line is painted red only if TWO conditions are met: Bearish strength is greater than bullish strength (bear > bull). AND the bullish strength (the weaker side) is still above the threshold (math.min(bull, bear) > threshold). Meaning: The bears are winning in a real, strong trend. ⬜ Gray Color (Range-Bound or "Chop" Market) The line is painted gray if either of the two forces (bullish or bearish) drops below the threshold. Meaning: This is the filter signal. The indicator is telling you that the market has lost its directional energy. The trend has either exhausted itself, or the market is in a sideways chop. It's a "do not trade" or "take profits" signal. Visual Summary Main Line (and Area Fill): Shows the strength of the dominant trend. Its color (green, red, or gray) tells you the state of that trend. Bar Coloring: You have the option (showBarColors) to have your main price chart candles painted the same color as the oscillator, allowing you to see the trend without looking at the panel below. Background Lines (threshold, 80, 0): These are fixed reference levels. The threshold line (green by default) is the most important, as it's the filter that decides if you are in a trend or a range.
Pine Script® indicator
by edwardflores194
VWAP Diario + VWAP 08:00-12:00 ventanas NYWhat it plots Daily VWAP (main line) Anchored to the current trading day and only visible between 19:00 and 16:50 New York (UTC-5) to prevent any “ghost” segments. Dynamic color: turns green when price closes above (bullish bias) and red when price closes below (bearish bias). Optional standard-deviation/percentage bands (off by default). 08:00–12:00 VWAP (morning line) Resets at 08:00 NY and shows until 12:00 NY only. Acts as a morning value guide for early direction and pullbacks. Clean rendering: Both lines use strict time masks and line breaks, so nothing is drawn outside their windows. You can toggle either line on/off. How to Read It Daily VWAP ≈ “fair value” of the whole session; use it for directional bias and confluence. 08:00–12:00 VWAP ≈ “fair value” of the morning; helps refine entries during the open. Alignment: Bullish environment: price and 08–12 VWAP sit above the Daily VWAP. Rotation/mixed: price oscillates between the two lines. Bearish: price and 08–12 VWAP sit below the Daily VWAP. Two Mechanical Playbooks Recommended charts: 1-minute for entries, 5-minute for context on NQ/Nasdaq100. Primary execution window: 09:30–12:00 NY. A) Trend Play (Break → Pullback to VWAP) Goal: Join the day’s impulse with value confirmation. Rules Bias filter before 09:30 Bullish: 08–12 VWAP ≥ Daily VWAP; Bearish: 08–12 ≤ Daily. First push 09:30–09:45 breaks the initial range high (bull) or low (bear). Entry (pullback into confluence) Wait for a pullback that tags/wicks the 08–12 VWAP or the Daily VWAP in the direction of bias. Go long on bullish rejection (close back above); short on bearish rejection. Stop-loss Beyond the rejection wick or the touched VWAP (e.g., 1–1.5× ATR(1m/5m)). Take-profit TP1 = 1R (scale 50%); TP2 = 2–3R or day extremes (HOD/LOD). If bands are on, consider exiting on a clean tag of the opposite band. Management Move to breakeven at 1R; exit early if price reclaims the opposite side of Daily VWAP. Avoid when the morning is choppy and price sits glued between the two VWAPs. B) Mean-Reversion Play (Controlled Reversal at Daily VWAP) Goal: Capture a return to value after an overstretch and a clean rejection. Rules Stretch condition Fast move away from Daily VWAP (3–5 bars) or beyond Band #1/#2 if enabled. Rejection signal at Daily VWAP A bar that touches Daily VWAP and closes back on the opposite side (pin/engulfing/strong close). Entry Long if a selloff rejects above Daily VWAP. Short if a rally rejects below Daily VWAP. Stop-loss Just beyond the rejection wick or ~1× ATR(1m). Take-profit TP1 = 1R or the 08–12 VWAP; TP2 = 2–3R or a prior consolidation. Management If price crosses and holds on the other side of Daily VWAP (2 closes), cut the idea. Avoid during high-impact news or when the session is strongly trending (prefer Play A). Quality Filters Volatility: Ensure ATR(14, 1m) or the 09:30–09:45 range exceeds your minimum. Spread/liquidity: Skip abnormal spreads at the open. News: If a red-level release is imminent, wait 2–3 bars after the print. Coherence: Prefer trades when 08–12 and Daily VWAP don’t conflict. Risk & Trade Management Risk per trade: 0.25%–0.5% account risk. Daily cap: 2–3 trades; stop for the day at –1R to –1.5R. No over-reentry: Don’t chase if price is sitting exactly on a VWAP; wait for separation. Log your metrics: setup type (A/B), confluences, distance to VWAP at trigger, time, R multiple. Quick Pre-Trade Checklist Bias aligned? (price vs Daily and 08–12 VWAP) Choose Trend or Mean-Reversion play Clear confluence at the VWAP line? Realistic stop (≤ ~1.5× ATR 1m)? Any imminent news? TP plan: TP1 = 1R → BE, TP2 = 2–3R.
Pine Script® indicator
by AlanBartonRevival
EPS Estimate Profile [SS]This is the EPS Estimate Profile indicator. What it does This indicator Collects all EPS estimates over the course of a lookback and BINS them (sorts them into 10 equal sized categories). Analyzes the returns from earnings releases based on the EPS estimate and the reaction. Calculates the number of bullish vs bearish responses that transpired based on the EPS estimate profile. Calculates the expected Open to High and Open to Low ATR based on the EPS estimate using regression. Toggle to actual EPS release to compare once earnings results are released. How to Use it This indicator can be used to gain insight into whether an earnings release will be received bullishly or bearishly based on the company's EPS estimate. The indicator allows you to see all historic estimates and how the market generally responded to those estimates, as well as a breakdown of how many times estimates in those ranges produced a bullish response or a bearish response to earnings. Examples Let's look at some examples: Here is MSFT. MSFT's last EPS estimate was 3.672. If we consult the table, we can see the average return associated with this estimate range is -4%. Now let's flip to the Daily timeframe and take a look: MSFT ended the day red and continued to sell into the coming days. Let's look at another example: MCDs. Last earnings estimate was 3.327, putting it at the top of the range with an average positive return of 4%. Let's look on the daily: We can see that the earnings had a huge, bullish effect on MCD, despite them coming in below their estimates. If we toggle the indicator to "Actual" EPS release, to see the profile of Actual earnings releases vs response, we get this: Since MCD under-performed, they were still at the top of the profile; but, we can see that the expected returns are more muted now, though still positive. And indeed, the reaction was still positive. Distinguishing % Bullish/Bearish to Avg Returns You will see the profile table displays both the average returns and the percent of bullish/bearish responses. In some cases, you will see that, despite a negative return, the profile reveals more bullish reactions than bearish. What does this mean? It means, despite there being more bullish responses, when bearish responses happen they tend to be more severe and profound, vs bullish responses likely are muted. This can alert you to potential downside risk and help you manage risk accordingly should you elect to trade the earnings release. ATR Prediction You will notice in the bottom right corner of the screen a secondary table that lists the predicted open to high ATR and open to low ATR. This is done using RAW EPS estimates (or raw ACTUAL estimates depending on which you select) and performing a regression to determine the expected ATR. This is only for reference, the analysis should focus around the historic profile of return estimates and actual return values. IMPORTANT NOTE: You MUST be on the Monthly timeframe to use this. Otherwise, you will get an error. If, on certain tickers with a huge history, such as MSFT and XOM or OXY, you get an error, you can simply reduce the lookback length to 80 and this will resolve the issue. Conclusion And that's the indicator! A blend of some light math and fundamentals! A real joy honestly. Hope you enjoy it!
Pine Script® indicator
by Steversteves