Call and Put signals[vivekm8955]🔍 Strategy Overview
This adaptive strategy generates clear CALL (Buy) and PUT (Sell) signals by combining:
✅ Dual EMA structure
✅ Heikin Ashi trend confirmation
✅ Smoothed Stochastic Momentum Index (SMI)
✅ Take Profit (TP) signals via momentum reversal
✅ Dynamic support from average price action
The goal: Give retail traders institutional-grade signals with clarity, without lag.
📊 Trade Entry Logic
🔼 CALL Signal (Buy):
Fast EMA < Avg Price
Slow EMA < Avg Price
Slow EMA < Fast EMA
Confirmed by crossover
➡️ This implies price has dipped below value zones and is showing strength.
🔽 PUT Signal (Sell):
Fast EMA > Avg Price
Slow EMA > Avg Price
Slow EMA > Fast EMA
Confirmed by crossover
➡️ Indicates price is elevated and showing weakness.
🏁 Exit Logic (Take Profit)
✅ TP Buy Signal: SMI crosses below 0 → Weakening upside
✅ TP Sell Signal: SMI crosses above 0 → Weakening downside
These act as exit cues or partial booking areas.
📌 Visualization & Alerts
🔼 CALL Signal → Green label below candle
🔽 PUT Signal → Red label above candle
✅ TP Signal → Small label (TP) showing ideal exit points
🔔 Real-time alerts enabled (CALL, PUT, TP alerts)
Background color changes based on EMA crossovers for added confirmation.
🕯️ Additional Filters Used
Heikin Ashi Candles: For smoothing out noise and validating trends.
SMI (Double EMA): A momentum indicator better suited for trending markets.
📈 Dashboard Included
Displays current signal, SMI value, and TP status in real-time
Color-coded for easy interpretation
Auto-adaptive table (fixes out-of-bound issues)
📎 Ideal Timeframes
Timeframe Use Case
5m – 15m Intraday Scalping
1h – 4h Swing Trading
1D Positional Plays
🚦 Suggested Usage
Step Action
1️⃣ Confirm signal (CALL or PUT) on 1TF and 1 higher TF
2️⃣ Enter near signal candle close
3️⃣ Exit on TP label OR SMI reversal
4️⃣ Avoid entry during high volatility news events
⚠️ Disclaimer – Use with Caution!
⚠️ This script is for educational & analytical purposes only.
It does NOT guarantee profits, nor is it a financial advisory tool.
Always use risk management: Stop-losses, position sizing, capital preservation.
Do not trade blindly. Backtest it across market conditions.
Past performance is not indicative of future results.
Consult a SEBI-registered advisor for real trading decisions.
Search in scripts for "entry"
Multi-Timeframe RSI Table# Multi-Timeframe RSI Table
## Overview
This indicator displays RSI (Relative Strength Index) values across multiple timeframes in a convenient table format, allowing traders to quickly assess momentum conditions across different time horizons without switching charts.
## Features
• *7 Timeframes*: 5m, 15m, 1h, 4h, Daily, Weekly, Monthly
• *Color-coded RSI Values*:
- 🔴 Red: Overbought (≥70)
- 🟢 Green: Oversold (≤30)
- 🟠 Orange: Bullish momentum (50-70)
- 🟡 Yellow: Bearish momentum (30-50)
• *Clean Table Display*: Positioned in top-right corner for easy viewing
• *Customizable Settings*: Adjustable RSI length and overbought/oversold levels
## How to Use
1. Add the indicator to your chart
2. The table automatically displays current RSI values for all timeframes
3. Use color coding to quickly identify:
- *Buying opportunities* when multiple timeframes show green (oversold)
- *Selling opportunities* when multiple timeframes show red (overbought)
- *Trend alignment* when higher timeframes match your trading direction
## Trading Applications
• *Multi-timeframe analysis*: Confirm signals across different time horizons
• *Entry timing*: Find optimal entry points when shorter timeframes align with longer trends
• *Risk management*: Avoid trades when higher timeframes show opposite momentum
• *Swing trading*: Identify when daily/weekly RSI supports your position direction
## Settings
• *RSI Length*: Default 14 periods (standard RSI calculation)
• *Overbought Level*: Default 70 (customizable)
• *Oversold Level*: Default 30 (customizable)
## Best Practices
• Look for alignment across multiple timeframes for stronger signals
• Use higher timeframe RSI to determine overall trend direction
• Combine with price action and support/resistance levels
• Avoid trading against strong momentum shown in higher timeframes
Perfect for day traders, swing traders, and anyone who needs quick multi-timeframe RSI analysis without constantly switching chart timeframes.
🟡🔵🟢🔴Beginner's Assistant by carljchapman🟡🔵🟢🔴
Overview
This indicator dynamically marks highs and lows of the premarket (4:00am-9:30amEST) and opening range. It displays Fair Value Gaps, 9 and 21 period Exponential Moving Averages (EMA) and the Volume Weighted Average Price (VWAP). To really help beginners, it marks suggested entry points on the chart with green or red triangles, when a reasonable trend appears.
Features
Automatically draws blue lines for Premarket High and Low values
Dynamically marks the opening Range region
Visual entry signals for long and short opportunities
Primarily used for stocks/funds , but works with forex and crypto
Quick configuration settings to tailor details for your experience level
Mobile friendly mode
Supports alerts
How To Use
Open your chart, and select a 1 or 2 minute timeframe.
Watch for green triangles and red triangles, hinting at entries for long or short positions. Pay particular attention to the price action as it approaches the bounds of the opening range and the premarket levels. I suggest also using a MACD indicator for confirmation of the trend.
For scalping 0dte Options, switch frequently between the 1 ,2 and 5 minute or higher timeframes. Do this so you will not miss an entry opportunity or be unaware of the overall trend.
As a beginner, until you have refined your strategy and develop risk management, take profits as low as 10%. A small profit can quickly become a much larger loss. With 0dte options, time will devour your profits even when the price doesn’t budge.
What makes this indicator so beginner friendly?
Charts with too many lines and colors are are a nightmare for beginners! And empty charts do not tell the whole story. Simple checkboxes in the configuration settings let you turn on and off features to match your comfort level. As you become more familiar you might try turning off the suggested entries to see if you would have selected the same or better ones yourself. Just one example of how you will learn and verify your knowledge. You will quickly spot Opening Range Breakouts and more.
Why are the triangle pointers not simply above or below the bars?
As a beginner, I like to review charts to see how much the price changed, then estimate how much a contract would move based on its delta. A mouthful, I know. But what price does an arrow pointing up below a bar reflect? Would I have entered at the open or close, low or high? This indicator helps by putting the marker close to the price when indicated. It can even display the actual price on the bar. This is helpful for you to make fast calculations without a measuring tool.
I am an experienced trader. Can this help me make winning trades?
Sure. It can also help you make losing ones! Profit is not guaranteed with any indicator or strategy. This indicator is designed to assist you as you learn and while you trade. You won't see the words BUY or SELL. This is not a signal bot! It is merely a tool to assist you. You can learn a lot by spending time observing price movement using this indicator without ever making a single trade.
🟡🔵🟢🔴
FSTO - Fast Slow Trend OscillatorFSTO Indicator: Fast Slow Trend Oscillator
Introduction
The FSTO (Fast Slow Trend Oscillator) is a powerful momentum indicator designed to identify trend direction, strength, and potential reversal points in financial markets. Based on the relationship between short-term and long-term exponential moving averages (EMAs), FSTO provides clear visual signals and actionable alerts to help traders make informed decisions.
Key Features
1. Dual-Line Visualization
FSTO Line: The difference between short-term and long-term EMAs
Signal Line: Smoothed version of the FSTO line for confirmation
2. Comprehensive Trend Analysis
Zero Line: Clearly marks the boundary between bullish and bearish territory
Color Zones:
Green area: Positive momentum (bullish)
Red area: Negative momentum (bearish)
3. Intelligent Alert System
Zero Line Cross Alerts: Signals when trend direction changes
Signal Line Cross Alerts: Identifies entry and exit points
Visual Markers: Triangle indicators highlight important cross events
4. Information Panel
Real-time display of:
Current FSTO value
Trend direction (Bullish/Bearish)
Momentum strength (Strengthening/Weakening)
How It Works
FSTO calculates the difference between two EMAs:
复制
FSTO Line = EMA(close, shortPeriod) - EMA(close, longPeriod)
Signal Line = EMA(FSTO, signalPeriod)
The indicator then:
Identifies when FSTO crosses above/below zero (trend change)
Detects when FSTO crosses above/below its signal line (entry/exit signals)
Visualizes momentum strength through color zones
Provides real-time alerts for key events
Recommended Settings
Market Short EMA Long EMA Signal Line
Stocks 12 26 9
Cryptocurrency 8 21 5
Forex 10 30 7
Commodities 14 28 8
Trading Signals
Bullish Trend: FSTO > 0
Bearish Trend: FSTO < 0
Buy Signal: FSTO crosses above signal line
Sell Signal: FSTO crosses below signal line
Strong Buy: Bullish cross below zero line
Strong Sell: Bearish cross above zero line
How to Use
Add the indicator to your TradingView chart
Configure EMA periods based on your trading style
Set up alerts for key events:
Zero line crosses (trend changes)
Signal line crosses (entry/exit points)
Combine with other indicators for confirmation
Use information panel for quick market assessment
Benefits
Clear visualization of trend direction
Early detection of momentum shifts
Customizable parameters for different markets
Actionable alerts for timely trading decisions
Comprehensive information panel for quick analysis
The FSTO indicator is an essential tool for traders seeking to identify trend direction, momentum strength, and potential reversal points across all timeframes and market conditions.
FVG 9:31–10:00 AM ETFVG 9:31–10:00 AM ET - Script Description
What This Script Does
This indicator finds **Fair Value Gaps (FVGs)** that form during the first 29 minutes of the U.S. stock market (9:31 AM to 10:00 AM Eastern Time). A Fair Value Gap is a price imbalance where there's a gap between candles that often becomes an important support or resistance level.
Key Features:
- **Time Window**: Only looks for FVGs between 9:31-10:00 AM ET (most important opening period)
- **One Per Day**: Finds only the first FVG that forms in this time window each day
- **Visual Display**: Draws a purple box around the gap with a clear "FVG" label
- **Price Tracking**: Monitors when price comes back to test the gap level
- **Alert System**: Sends notifications when price returns to the FVG zone
How FVGs Are Detected:
- **Bullish FVG**: When there's a gap up (low of middle candle is above high of 3rd candle back)
- **Bearish FVG**: When there's a gap down (high of middle candle is below low of 3rd candle back)
The 9:31-10:00 AM window is chosen because this is when institutions and algorithms create their biggest price moves right after market open, making these gaps very reliable.
Customization Options
User Settings
Extend FVG Box (Bars)
- **What it does**: Makes the purple box longer to the right
- **Default**: 0 (box ends right after the gap forms)
- **Options**: Any number from 0 to 100+
- **When to use**:
- Keep at 0 for clean historical view
- Set to 10-20 to track the gap during the current session
- Set higher for longer reference
Code Settings (Can Be Changed)
Time Window
- **Start**: 9:31 AM Eastern Time
- **End**: 10:00 AM Eastern Time
- **Can modify**: Change the hour/minute numbers in the code
Visual Style
- **Color**: Purple with see-through background
- **Label**: Shows "FVG" text in white
- **Can modify**: Change colors and transparency in the code
How to Use:
Setup
Chart Settings
1. Use 1-minute, 5-minute, or 15-minute charts (works best on these timeframes)
2. Apply to liquid markets like ES, NQ, major stocks, or forex pairs
3. Set the "Extend FVG Box" to your preference (start with 0 or 10)
What You'll See
- A purple box appears when an FVG forms during 9:31-10:00 AM
- Box shows the exact price levels of the gap
- "FVG" label appears on the box
- Only one FVG per day will be marked
Trading Strategies
Basic FVG Trading
1. **Wait for Formation**: Let the purple box appear during 9:31-10:00 AM
2. **Watch Price Movement**: See if price moves away from the gap
3. **Enter on Retest**: When price comes back to the purple box area, consider entering
4. **Trade Direction**:
- Bullish FVG = look for long opportunities when price retests
- Bearish FVG = look for short opportunities when price retests
Entry Methods
- **Bounce Play**: Enter when price touches the FVG box and bounces away
- **Break Play**: Enter if price strongly breaks through the FVG box
- **Rejection Play**: Enter opposite direction if price gets rejected at the FVG
Risk Management
Stop Losses
- Place stops just outside the FVG box (a few ticks beyond the gap)
- If trading a bounce, stop goes on opposite side of the gap
- If trading a break, stop goes back inside the gap
Position Sizing
- Start small until you understand how FVGs work in your market
- Bigger gaps = smaller position size (more risk)
- Smaller gaps = can use larger position size
Profit Targets
- Take profits at obvious levels like round numbers, previous highs/lows
- Consider taking half profits at 1:1 risk/reward ratio
- Let some position run if the move is strong
Best Practices
When It Works Best
- High-volume stocks and futures (ES, NQ work great)
- Normal market days without major news during the 9:31-10:00 window
- When there's clear institutional activity in the opening period
When to Be Careful
- Low-volume stocks or markets
- Major economic news releases during the time window
- Market holidays when volume is low
- Very choppy or sideways days
Alert Usage
- The script will alert you when price comes back to test the FVG
- Don't trade the alert blindly - always check the current market situation
- Use the alert as a heads-up to start watching the setup more closely
Tips for Success
- The earlier the FVG forms in the 9:31-10:00 window, often the more significant it is
- FVGs that form with high volume are usually more reliable
- Always consider the overall market direction - don't fight the main trend
- Practice on paper first to understand how FVGs behave in your chosen market
🔗 Works Best With:
✅ Liquidity Levels — Smart Swing Lows: Spot key structural lows that can fuel stop hunts and reversals.
✅ ICT Turtle Soup — Liquidity Reversal: Add a classic reversal pattern to your toolkit to catch fakeouts cleanly.
✅ ICT SMC Liquidity Grabs and OBs- Liquidity Grabs, Order Block Zones, and Fibonacci OTE Levels, allowing traders to identify institutional entry models with clean, rule-based visual signals.
This script is most valuable for day traders who want to catch institutional moves right after market open, but it can also help swing traders identify important intraday levels.
✅ ICT Macro Zones (Grey Box Version)- It tracks real-time highs and lows for each Silver Bullet session.
✅ Weekly Opening Gap (cryptonnnite)
Midnight 30min High/LowMidnight 30min High/Low — Overnight Liquidity Range Tracker
Capture the Overnight Session: A Strategic Level Identification Tool from Professional Trading Methodology
This indicator captures the high and low prices during the critical 30-minute midnight session (12:00-12:30 AM EST) and projects these levels forward as key support and resistance zones. These overnight ranges often contain significant liquidity and serve as crucial reference points for intraday price action, representing areas where institutional activity may have established important levels.
🔍 What This Script Does:
Identifies Critical Overnight Session Levels
- Automatically detects the 12:00-12:30 AM EST session window
- Captures the highest and lowest prices during this 30-minute period
- Projects these levels forward for multiple trading days
Creates Dynamic Support/Resistance Zones
- Extends midnight high/low levels as horizontal lines with customizable projection periods
- Fills the area between high and low to create a visual trading range
- Updates automatically each trading day with new overnight levels
Provides Clear Visual Reference Points
- Optional session start markers (●) highlight when the midnight session begins
- Color-coded lines distinguish between high and low levels
- Transparent fill area creates an easy-to-identify trading zone
Real-Time Level Tracking
- Updates levels in real-time during the active midnight session
- Maintains historical levels for reference and backtesting
- Compatible with data window for precise level values
⚙️ Customization Options:
Extend Days (1-30):** Control how many days forward the levels are projected (default: 5 days)
High Line Color:** Customize the midnight high line color (default: blue)
Low Line Color:** Customize the midnight low line color (default: orange)
Fill Color:** Adjust the transparency and color of the range area (default: light aqua, 80% transparency)
Show Session Markers:** Toggle yellow session start indicators on/off (default: enabled)
💡 How to Use:
Deploy on lower timeframes (1m-15m) for precise level identification and reaction monitoring**
Watch for key price interactions:
- Rejection at midnight high levels (potential resistance)
- Bounce from midnight low levels (potential support)
- Range-bound trading between the high and low levels
Combine with liquidity concepts:
- Monitor for stop hunts above/below these levels
- Look for false breakouts that snap back into the range
- Use as confluence with other ICT concepts like FVGs and Order Blocks
Strategic Applications:
- Range trading between midnight levels
- Breakout confirmation when price closes decisively outside the range
- Support/resistance validation for entry and exit planning
🔗 Combine With These Tools for Complete Market Structure Analysis:
✅ First FVG — Opening Range Fair Value Gap Detector.
✅ ICT Turtle Soup (Liquidity Reversal)— Spot stop hunts and false breakout scenarios
✅ ICT Macro Zones (Grey Box Version)- It tracks real-time highs and lows for each Silver Bullet session
✅ ICT SMC Liquidity Grabs and OBs- Liquidity Grabs, Order Block Zones, and Fibonacci OTE Levels, allowing traders to identify institutional entry models with clean, rule-based visual signals.
Together, these tools create a comprehensive Smart Money Concepts (SMC) framework — helping traders identify, anticipate, and capitalize on institutional-level price movements with precision and confidence during critical overnight sessions.
Stochastic Trend Signal with MTF FilterMulti-Timeframe Stochastic Trend Filter – Real Signals with Confirmation Candles
This script is a multi-timeframe Stochastic trend filter designed to help traders identify reliable BUY/SELL signals based on both momentum and higher-timeframe trend context.
It combines three key components:
Entry Signal Logic:
Entry is based on the Stochastic Oscillator (%K, 14,3), where overbought/oversold conditions are detected in the current chart's timeframe.
A green (bullish) candle following a red candle with %K below 20 can trigger a BUY signal.
A red (bearish) candle following a green candle with %K above 80 can trigger a SELL signal.
Trend Confirmation – Daily Filter:
The script uses Stochastic on the 1D (Daily) timeframe to determine whether short-term momentum aligns with a broader daily trend.
BUY signals are only allowed if the Daily %K is above 50.
SELL signals are only allowed if the Daily %K is below 50.
Long-Term Trend Filter – Weekly Stochastic:
A second filter uses Weekly %K:
BUY signals are suppressed if the Weekly trend is bearish (Weekly %K < 50) while Daily %K is bullish (> 50).
SELL signals are suppressed if the Weekly trend is bullish (Weekly %K > 50) while Daily %K is bearish (< 50).
🖼️ The chart background changes color to visually assist users:
Green background: bullish alignment on Daily and Weekly Stochastic.
Red background: bearish alignment.
Gray background: trend conflict (Daily and Weekly disagree).
✅ This script is ideal for swing traders or position traders who want to enter with confirmation while avoiding false signals during trend conflict zones.
🔔 Alerts are provided for BUY and SELL signals once all conditions are met.
How to use:
Apply on timeframe (4H recommended).
Add alerts for "BUY Alert" and "SELL Alert".
Use background color and plotted labels as entry filters.
Disclaimer: This is not financial advice. Always use proper risk management and test on demo accounts first.
PnL_EMA_TRACK12_PRO_3.3_full_adjusted# Multi-Ticker Support
Manage up to 12 tickers simultaneously.
- For each symbol, input share quantities, entry prices, and two optional additional entry points (E2, E3) with their own shares and offset percentages.
- Dynamic handling of inputs using arrays for easier maintenance and scalability.
# Average Cost and PnL Calculation
- Computes weighted average entry costs across all position parts (E1 and optionally E2 and E3).
- Calculates real-time Profit & Loss (PnL) both in USD and percentage relative to the current price.
- Color-coded values: green for profit, red for loss — for quick visual feedback.
# Moving Averages as Benchmarks
- Uses daily EMAs (10, 21, 65) and 15-minute SMA 200 as reference levels.
- Calculates percentage deviations of these moving averages from the average entry price.
- Calculates dollar differences based on the total shares held.
# Chart Visualization
- Draws a dashed yellow line for the average cost of each position.
- Optionally draws two additional lines and labels for E2 (blue) and E3 (purple) if activated.
- Lines extend to the right to emphasize current relevance.
- Labels can be positioned left or right, with customizable horizontal offset.
# Interactive Table in Chart
- Positions the info table in any chosen corner or center of the chart (top/right/left/middle, etc.).
- Displays symbol, PnL (dollar and percentage), and deviations to key EMAs and SMA.
- Colors PnL values according to profit or loss for instant clarity.
# User-Friendly Settings
- Flexible font size options for both the table and labels.
- Customizable colors for positive and negative values (default green/red).
- Choice of label position and X-axis offset to fit your chart style.
DA Cloud - DynamicDA Cloud - Dynamic | Detailed Overview
🌟 What Makes This Indicator Special
The DA Cloud - Dynamic is an advanced technical analysis tool that creates adaptive support and resistance zones that expand and contract based on market volatility. Unlike traditional static indicators, this cloud system "breathes" with the market, providing dynamic levels that adjust to changing market conditions.
📊 Core Components
1. Multi-Layered Cloud Structure
Resistance Cloud (Red): Three dynamic resistance levels (RL1, RL2, RL3) with intermediate channels (RC1, RC2)
Support Cloud (Green): Three dynamic support levels (SL1, SL2, SL3) with intermediate channels (SC1, SC2)
Trend Cloud (Blue): Five trend lines (TU2, TU1, TM, TL1, TL2) that flow through the center
Confirmation Line (Purple): A fast-reacting line that confirms trend changes
2. Forward Displacement Technology
The entire cloud system is projected 21 bars into the future (Fibonacci number), allowing traders to see potential support and resistance levels before price reaches them. This predictive element is inspired by Ichimoku Cloud theory but enhanced with modern volatility dynamics.
🔬 How It Works (Without Revealing the Secret Sauce)
Volatility-Responsive Design
The indicator continuously measures market volatility across multiple timeframes
During high volatility periods (like major breakouts), clouds expand dramatically
During consolidation, clouds contract and tighten around price
This creates a "breathing" effect that adapts to market conditions
Multi-Timeframe Analysis
Incorporates Fibonacci sequence periods (3, 13, 21, 34, 55) for calculations
Blends short-term responsiveness with long-term stability
Creates smooth, flowing lines that filter out market noise
Dynamic Level Calculation
Levels are not fixed percentages or static bands
Each level adapts based on current market structure and volatility
Channel lines (RC1, RC2, SC1, SC2) provide intermediate support/resistance
🎯 Key Features
1. Touch Point Detection
Colored dots appear when price touches key levels
Red dots = resistance touch
Green dots = support touch
Blue dots = trend median touch
2. Entry/Exit Signals
"Cloud Entry" labels when confirmation line crosses above SL1
"Cloud Exit" labels when confirmation line crosses below RL1
Background color changes based on bullish/bearish bias
3. Information Table
Real-time display of key levels (RL1, TM, SL1)
Current bias indicator (BULLISH/BEARISH)
Updates dynamically as market moves
⚙️ Customization Options
Main Controls:
Sensitivity (5-50): How responsive clouds are to price movements
Smoothing (1-50): Controls the flow and smoothness of cloud lines
Forward Displacement (0-50): How many bars to project the cloud forward
Advanced Volatility Settings:
Volatility Lookback (50-1000): Period for establishing volatility baseline
Volatility Smoothing (1-50): Reduces spikes in volatility expansion
Expansion Power (0.1-2.0): Controls how dramatically clouds expand
Range Divisor (1.0-20.0): Master control for overall cloud width
Level Spacing:
Individual multipliers for each resistance and support level
Allows fine-tuning of cloud structure to match different markets
Trend Spacing:
Separate controls for inner and outer trend bands
Customize the trend cloud density
📈 Trading Applications
1. Trend Identification
Price above TM (Trend Median) = Bullish bias
Price below TM = Bearish bias
Cloud color and width indicate trend strength
2. Support/Resistance Trading
Use RL1/SL1 as primary targets and reversal zones
RC1/RC2 and SC1/SC2 provide intermediate levels
RL3/SL3 mark extreme levels often seen at major tops/bottoms
3. Volatility Analysis
Expanding clouds signal increasing volatility and potential big moves
Contracting clouds indicate consolidation and potential breakout setup
Cloud width helps with position sizing and risk management
4. Multi-Timeframe Confirmation
Works on all timeframes from 1-minute to monthly
Higher timeframes show major market structure
Lower timeframes provide precise entry/exit points
🎓 Best Practices
Combine with Volume: High volume at cloud levels increases reliability
Watch for Touch Clusters: Multiple touches at a level indicate strength
Monitor Cloud Expansion: Sudden expansion often precedes major moves
Use Multiple Timeframes: Confirm signals across different time periods
Respect the Trend Median: This is often the most important level
⚡ Performance Notes
Optimized for up to 2000 bars of historical data
Smooth performance with 500+ lines and labels
Works on all markets: Crypto, Forex, Stocks, Commodities
📝 Version Info
Current Version: 1.0
Dynamic volatility expansion system
Full customization suite
Touch point detection
Entry/exit signals
Forward displacement projection
Expansion Triangle [TradingFinder] MegaPhone Broadening🔵 Introduction
The Expanding Triangle, also known as the Broadening Formation, is one of the key technical analysis patterns that clearly reflects growing market volatility, increasing indecision among participants, and the potential for sharp price explosions.
This pattern is typically defined by a sequence of higher highs and lower lows, forming within two diverging trendlines. Unlike traditional triangles that converge to a breakout point, the expanding triangle pattern becomes wider over time, leaving no precise apex for a breakout to occur.
From a price action perspective, the pattern represents a prolonged tug-of-war between buyers and sellers, where neither side has taken control yet. Each aggressive swing opens the door to new opportunities whether it's a trend reversal, range trading, or a momentum breakout. This dual nature makes the pattern highly versatile across market conditions, from exhausted trend ends to volatile consolidation zones.
The custom-built indicator for this pattern uses a combination of smart algorithms and detailed analysis of swing dynamics to automatically detect expanding triangles and highlight low-risk entry points.
Traders can use this tool to capitalize on high-probability setups from shorting near the upper edge of the structure with confirmation, to trading bearish breakouts during trend continuations, or entering long positions near the lower boundary during bullish reversals. The chart examples included in this article demonstrate these three highly practical trading scenarios in live market conditions.
A major advantage of this indicator lies in its structural filtering engine, which analyzes the behavior of each price leg in the triangle. With four adjustable filter levels from Very Aggressive, which highlights all potential patterns, to Very Defensive, which only triggers when price actually touches the triangle's trendlines the indicator ensures that only structurally sound and verified setups appear on the chart, reducing noise and false signals significantly.
Long Setup :
Short Setup :
🔵 How to Use
The pattern typically forms in conditions of heightened uncertainty and volatility, where price swings generate a series of higher highs and lower lows. The expanding triangle consists of three key legs bounded by diverging trendlines. The indicator intelligently analyzes each leg's direction and angle to determine whether a valid pattern is forming.
At the core of the indicator’s logic is its leg filtering system, which controls the quality of the pattern and filters out weak or noisy setups. Four structural filter modes are available to suit different trading styles and risk preferences. In Very Aggressive mode, filters are disabled, and the indicator detects any pattern purely based on the sequence of swing points.
This mode is ideal for traders who want to see everything and apply their own discretion.
In Aggressive mode, the indicator checks whether each new leg extends no more than twice the length of the previous one. If a leg overshoots excessively, the structure is invalidated.
In Defensive mode, the filter enforces a minimum movement requirement each leg must move at least 2% of the previous one. This prevents the formation of shallow, weak patterns that visually resemble triangles but lack substance.
The strictest setting, Very Defensive, combines all previous filters and additionally requires the price to physically touch the triangle’s trendlines before issuing a signal. This ensures that setups only appear when real market interaction with key structural levels has occurred, not based on assumptions or geometry alone. This mode is ideal for traders seeking maximum precision and minimal risk.
🟣 Bullish Setup
A bullish setup within the Expanding Triangle pattern occurs when price revisits the lower support boundary after a series of broad swings typically near the third leg of the formation. This area often represents a shift in momentum, where sellers begin to lose strength and buyers prepare to take control.
Ideally, the setup is accompanied by a bullish reversal candle (e.g. doji, pin bar, or engulfing) near the lower trendline. If the Very Defensive filter is active, the indicator will only issue a signal if price makes a confirmed touch on the trendline and reacts from that level. This significantly improves signal accuracy and filters out premature entries.
After confirmation, traders may choose to enter a long position on the bullish candle or shortly afterward. A logical stop-loss is placed just below the recent swing low within the pattern. The target can be set at or near the upper trendline, or projected using the full height of the triangle added to the breakout point. On higher timeframes, this reversal often marks the beginning of a strong uptrend.
🟣 Bearish Setup
A bearish setup forms when price climbs toward the upper resistance trendline, usually as the third leg completes. This is where buyers often begin to show exhaustion, and sellers step in with strength providing an ideal low-risk entry point for short positions.
As with the bullish setup, if the Candle Confirmation filter is enabled, the indicator will only show a signal when a bearish reversal candle forms at the point of contact. If Defensive or Very Defensive filters are also active, the setup must meet strict criteria of proportionate leg movement and an actual trendline touch to qualify.
Once confirmed, traders can enter on the reversal candle, placing a stop-loss slightly above the recent high. The target can be set at the lower trendline or calculated based on the triangle's full height, projected downward. This setup is particularly useful at the end of weak bullish trends or in volatile market tops.
🔵 Settings
🟣 Logic Settings
Pivot Period : Defines how many bars are analyzed to identify swing highs and lows. Higher values detect larger, slower structures, while lower values respond to faster patterns. The default value of 13 offers a balanced sensitivity.
Pattern Filter :
Very Aggressive : Detects all patterns based on point sequence with no structural checks.
Aggressive : Ensures each leg is no more than 2x the size of the previous one.
Defensive : Requires each leg to be at least 2% the size of the previous leg.
Very Defensive : The strictest level; only confirms patterns when price touches trendlines.
Candle Confirmation : When enabled, the indicator requires a valid confirmation candle (doji, pin bar, engulfing) at the interaction point with the trendline before issuing a signal. This reduces false entries and improves entry precision.
🟣 Alert Settings
Alert : Enables alerts for SSS.
Message Frequency : Determines the frequency of alerts. Options include 'All' (every function call), 'Once Per Bar' (first call within the bar), and 'Once Per Bar Close' (final script execution of the real-time bar). Default is 'Once per Bar'.
Show Alert Time by Time Zone : Configures the time zone for alert messages. Default is 'UTC'.
🔵 Conclusion
The Expanding Triangle pattern, with its wide structure and volatility-driven nature, represents chaos but also opportunity. For traders who can read its behavior, it provides some of the most powerful setups for reversals, breakouts, and range-based trades. While the pattern may seem messy at first glance, it is built on clear logic and when properly detected, it offers high-probability opportunities.
This indicator doesn’t just draw expanding triangles it intelligently evaluates their structural quality, validates price interaction through candle confirmation, and allows the trader to fine-tune the detection logic through adjustable filter levels. Whether you’re a reversal trader looking for a turning point, or a breakout trader hunting momentum, this tool adapts to your strategy.
In volatile or uncertain markets, where fakeouts and sudden shifts are common, this indicator can become a cornerstone of your trading system helping you turn volatility into structured, high-quality opportunities.
MA Signal IndicatorMA Signal Indicator
The MA Signal Indicator is a customizable designed to identify potential trading opportunities based on price interactions with a Simple Moving Average (SMA). It incorporates risk management features such as stop-loss (SL), take-profit (TP), and breakeven levels, calculated using the Average True Range (ATR). The indicator is visually intuitive, overlaying trade signals, price levels, and colored zones directly on the chart.
Key Features:
1. Moving Average-Based Signals:
• Generates buy (long) signals when the price crosses above a user-defined SMA (default: 55 periods).
• Generates sell (short) signals when the price crosses below the SMA.
• Long and short trades can be independently enabled or disabled via input settings.
2. Risk Management:
• Stop-Loss (SL): Set as a multiple of the ATR (default: 1x ATR) below the entry price for long trades or above for short trades.
• Take-Profit (TP): Set as a multiple of the ATR (default: 5x ATR) above the entry price for long trades or below for short trades.
• Breakeven Level: A trigger level (default: 2x ATR) where traders may choose to move their stop-loss to breakeven, optionally displayed on the chart.
3. Visual Feedback:
• SMA Line: Plotted in orange (default: 55-period SMA) for trend reference.
• Trade Zone: Highlights the area between the stop-loss and take-profit levels with a semi-transparent green (long) or red (short) background.
• Price Lines: Displays entry price (white), stop-loss (red), take-profit (green), and breakeven level (gray, optional) as horizontal lines during active trades.
• Signal Markers: Triangular markers indicate entry points (green triangle up for long, red triangle down for short).
• Exit Markers: Labels show when a trade hits the take-profit (green checkmark) or stop-loss (red cross).
4. Trade Logic:
• Only one trade is active at a time (long or short).
• Trades are exited when either the stop-loss or take-profit is hit, resetting the indicator for the next signal.
• Ensures signals are only triggered when not already in a trade, avoiding duplicate entries.
Inputs:
• MA Period: Length of the SMA (default: 55).
• ATR Period: Period for ATR calculation (default: 5).
• SL Multiplier: ATR multiplier for stop-loss (default: 1.0).
• TP Multiplier: ATR multiplier for take-profit (default: 5.0).
• Move to Breakeven After: ATR multiplier for breakeven trigger (default: 2.0).
• Show Break Even Line: Option to display the breakeven level (default: true).
• Allow Long Trades: Enable/disable long signals (default: true).
• Allow Short Trades: Enable/disable short signals (default: true).
Use Case:
This indicator is ideal for trend-following traders who want a clear, visual system for entering and exiting trades based on SMA crossovers, with predefined risk and reward levels. It suits both manual and automated trading strategies, providing flexibility to adjust parameters for different markets or timeframes.
Notes:
• The indicator is overlaid on the price chart for easy integration with other analysis tools.
• Users should test and adjust parameters (e.g., MA length, ATR multipliers) to suit their trading style and market conditions.
• The breakeven line is a visual guide; manual adjustment of stops is required as the indicator does not automatically modify trade positions.
This indicator provides a robust framework for disciplined trading with clear entry, exit, and risk management visuals.
Z-Score Multi-Model ClusteringA price/volume clustering framework combining three market behavior models into a single indicator. Designed to help identify emerging trend strength, turning points, and volatility-driven entries or exits.
🔍 How It Works
This indicator classifies market states by comparing normalized price/volume behavior (via Z-Score) to different types of statistical or geometric "cluster centers." You can choose from three clustering approaches:
🧠 Clustering Models
1. Percentile (Z+CVD) – Trend Momentum Bias
Uses volume Z-Score + Cumulative Volume Delta (CVD).
Detects institutional pressure by clustering volume surges with directional delta.
Best for: Breakouts, momentum trades, volume-led reversals.
Cluster Colors:
🔹 Green triangle = Strong bullish confluence
🔻 Red triangle = Bearish divergence (bull trap risk)
⚪ Gray = Neutral/low conviction
2. Euclidean (Z+Slope) – Swing Mean-Reversion
Measures the angle of recent Z-score slope and compares it to directional cluster centers.
Helps detect early directional shifts or exhaustion.
Best for: Swing entries, pullback setups, exit timing
3. Hilbert Phase – Turn Detection via Signal Phase
Applies Hilbert Transform to the Z-Score, measuring the phase difference between trend and oscillator components.
Ideal for anticipating turns or detecting cyclical inflection points.
Useful for: Scalping, top/bottom spotting, volatility fades
✅ Features
Auto-updating cluster logic based on current data
Tooltips and clean user interface
Optional cluster bar coloring (can be toggled off)
Signal-only plotting keeps candlesticks readable
Clear entry/exit logic with triangle markers
Supports trend, swing, and oscillation-based systems
🛠️ Suggested Use Cases
Combine with VWAP, Session High/Low, or Liquidity Zones to confirm entry conditions.
Use Cluster 2 (strong bullish) on pullbacks to trend structure for add-on entries.
Use Cluster 1 in strong trends to watch for potential traps or exits.
Toggle models based on your strategy: e.g., Hilbert for scalping, Percentile for macro trend breaks.
🧪 Best Timeframes
Works across all markets and timeframes
For Percentile (Z+CVD), use intraday TF with 1m–5m CVD source
Hilbert and Euclidean preferred on 5m–1h for accurate slope/phase signals
⚠️ Notes
Clusters do not generate trade signals alone; use them in context with structure, VWAP, or trend filters.
Marker signals are filtered with a magnitude threshold to reduce noise.
CQ_MTF Target Price Lines [BITCOIN HOY]Comprehensive Indicator Script Overview
Intraday, Four Hour, Daily, and Weekly Price Target Lines—A Versatile Tool for Traders
Welcome to a powerful and flexible indicator script designed to enhance your trading experience across multiple timeframes. This script empowers users to interactively set, visualize, and manage price targets, entries, and objectives for both short-term and long-term trading strategies. Whether you are a day trader seeking to mark crucial intraday levels or a long-term investor planning strategic entries, this tool offers an all-encompassing solution.
Key Features
• Multi-Time Frame Price Target Lines: Effortlessly input and display calculated price targets for Intraday, Four Hour, Daily, and Weekly periods, ensuring you always have a clear view of the market objectives at every scale.
• X-Axis Price Control: Set precise x-axis price points for each timeframe, granting you granular control over how and where your target lines appear on the chart.
• Weekly Price Objectives: Enter your calculated price objectives for the current week to remain aligned with your trading plan and adapt to evolving market conditions.
• Long-Term Investment Entry Events: Document and display significant entry events for long-term investments, helping you maintain a strategic perspective while navigating short-term fluctuations.
• Long-Term Price Objectives: Input and track price objectives for your long-term trades, supporting your investment decisions with clearly visualized milestones.
• Customizable Labels and Lines: Each price target is accompanied by clearly labeled lines, making it easy to distinguish between timeframes and targets at a glance.
Optional Price Gauge for Intraday Dynamics
For users who wish to monitor real-time market sentiment, the script includes an optional price gauge. This dynamic feature tracks intraday price movement, providing visual cues to quickly assess whether the prevailing tendency is bullish or bearish. The intuitive gauge aids in confirming your intraday strategies or alerting you to potential reversals.
User Experience and Customization
• Interactive Inputs: All key parameters—price targets, x-axis prices, entry events, and objectives—are entered manually by the user. This approach ensures the script adapts to your personal analysis and trading methodology.
• Easy Visualization: The clear display of lines, labels, and the optional gauge streamlines your chart, making it easier to make informed decisions at a glance.
• Flexible Application: Whether you’re trading short-term swings or building positions for the long haul, the indicator integrates seamlessly into your workflow.
How to Use
• Input your calculated price targets for each timeframe (Intraday, Four Hour, Daily, and Weekly).
• Specify the exact x-axis price points where you’d like the lines to appear for each timeframe.
• For the current week, enter your weekly price objectives for quick reference and planning.
• If you’re a long-term investor, document your key entry events and set long-term price objectives to track their progression.
• To monitor current market momentum, activate the price gauge and follow the visual cues for bullish or bearish trends.
Benefits
• Comprehensive Market Overview: Simultaneously track multiple timeframes and objectives, keeping all critical information at your fingertips.
• Improved Decision Making: Visual clarity and strategic labeling support faster, more confident trading decisions.
• Customizable and Adaptable: Tailor the script to your unique trading style and analytical approach.
Enjoy using the indicator, and happy trading! Let this versatile tool be your companion in navigating the ever-changing tides of the market.
Supply/Demand Market Structure (SMA Multi-Timeframe)Supply/Demand Based Market Structure
Structure + Order Blocks from Synthetic SMA Candles
Overview:
The SMA Supply/Demand Market Structure indicator combines market structure analysis with supply/demand logic, powered by SMA-based synthetic candles . Instead of relying on raw candle data, this tool generates smoothed higher-timeframe candles using simple moving averages to identify more stable zones and cleaner structure shifts.
It detects bullish and bearish breaks of structure (BoS) , highlights swing points like HH, HL, LH, LL , and plots institutional-style supply and demand zones formed from aggressive rallies or drops. The result is a precise and noise-filtered view of market intent, perfect for trend-following or smart money strategies.
How It Works:
- Synthetic candles are created using SMA of OHLC values on your selected timeframe (HTF).
- A bullish break occurs when price closes above the high of the last bearish synthetic candle.
- A bearish break occurs when price closes below the low of the last bullish synthetic candle.
- Upon break confirmation:
- A demand zone is drawn using the last bearish candle.
- A supply zone is drawn using the last bullish candle.
- Each zone is extended forward for a user-defined number of bars and optionally deleted upon mitigation.
- Zigzag-based internal structure connects valid swing points and classifies them as HH, HL, LH, LL , including Liquidity Sweeps (LS) .
- BoS levels are highlighted with lines that automatically reset when new structure forms.
Key Features:
- Synthetic SMA Candles : Smooth and reliable structure from average-based HTF candles
- Break Modes : Choose between raw HTF closes or SMA closes for break logic
- Custom Timeframe Selection : Analyze structure across any HTF you choose
- Dynamic Supply/Demand Zones : Auto-plot boxes from valid rallies/drops
- Mitigation Detection : Optionally fade or delete zones when price trades through
- Zigzag Structure Mapping : Automatically connect structural highs/lows
- BoS Detection : Real-time breakout of swing points with visual confirmation
- Smart Labels : Marks HH, HL, LH, LL, and LS directly on the chart
- Multi-timeframe Alert System : Notify for all structural changes, BoS, and new zones
How to Use:
- Set your desired HTF and SMA Length for synthetic candle smoothing.
- Use SMA=1 for raw candles
- Select a Break Mode :
- Raw Close : Uses standard HTF close values
- SMA Close : Uses smoothed closes from SMA
- Watch for bullish or bearish breaks — zones are plotted when price confirms breakout structure.
- Use demand zones as long entry areas and supply zones as short setups on retests.
- Rely on internal shifts and zigzag swings to monitor structure continuity.
- Enable alerts for swing formations, BoS, and liquidity sweeps to trade hands-free.
Recommended Strategies:
- Smart Money & ICT Models : Use synthetic demand/supply + BoS for mitigation or continuation plays
- Swing Trading : Align with higher timeframe structure and use zones for entry triggers
- Trend Trading : Confirm structure alignment and wait for pullbacks into zones
- Reversal Entries : Trade structure breaks when zones fail and a BoS confirms the shift
Customization Options:
- Timeframe input for custom HTF control
- SMA Length to adjust candle smoothing
- Zone Style : Control zone color, transparency, and duration
- Structure Display : Toggle swing labels and zigzag visuals
- Alert Mode : Choose between LTF, MTF, or HTF alerts
Summary:
SMA Supply/Demand Market Structure provides a clean, flexible view of price structure and institutional intent by fusing market structure with SMA-based synthetic candles. It’s ideal for anyone seeking reduced noise, visually guided entries, and rule-based trading based on structural shifts and real-time demand/supply dynamics.
Pattern Detector [theUltimator5]🎯 Overview
The Pattern Detector is a comprehensive technical analysis indicator that automatically identifies and visualizes multiple pattern types on your charts. Built with advanced ZigZag technology and sophisticated pattern recognition algorithms, this tool helps traders spot high-probability trading opportunities across all timeframes and markets.
✨ Key Features
🔍 Multi-Pattern Detection System
Harmonic Patterns: Butterfly, Gartley, Bat, and Crab patterns with precise Fibonacci ratios
Classic Reversal Patterns: Head & Shoulders and Inverse Head & Shoulders
Double Patterns: Double Tops and Double Bottoms with extreme validation
Wedge Patterns: Rising and Falling Wedges with volume confirmation
📊 Advanced ZigZag Engine
Customizable sensitivity (5-50 levels)
Depth multiplier for multi-timeframe analysis
Real-time pivot detection with noise filtering
Option to display ZigZag lines only for pure price action analysis
🎨 Visualization
Clean pattern lines with distinct color coding
Point labeling system (X, A, B, C, D for harmonics / LS, H, RS for H&S)
Pattern name displays with bullish/bearish direction
Price target projections with arrow indicators
Subtle pattern fills for enhanced visibility
🛠️ Settings & Configuration
Core ZigZag Settings
ZigZag Sensitivity (5-50): Controls pattern detection sensitivity. Lower values detect more patterns but may include noise. Higher values focus on major swings only.
ZigZag Depth Multiplier (1-5): Multiplies sensitivity for deeper analysis. Level 1 = most responsive, Level 5 = major swings only.
Pattern Detection Toggles
Show ZigZag Lines Only: Displays pure ZigZag without pattern detection for price structure analysis
Detect Harmonic Patterns: Enable/disable Fibonacci-based harmonic pattern detection
Detect Head & Shoulders: Toggle classic reversal pattern identification
Detect Double Tops/Bottoms: Enable double pattern detection with extreme validation
Detect Wedge Patterns: Toggle wedge pattern detection with volume confirmation
Display Options
Show Pattern Names: Display pattern names directly on chart (e.g., "Butterfly (Bullish)")
Show Point Labels: Add lettered labels at key pattern points for structure identification
Project Harmonic Targets: Show projected completion points for incomplete harmonic patterns
📈 Pattern Types Explained
Harmonic Patterns 🦋
Advanced Fibonacci-based patterns that provide high-probability reversal signals:
Butterfly: AB=0.786 XA, BC=0.382-0.886 AB, CD=1.618-2.24 BC
Gartley: AB=0.618 XA, BC=0.382-0.886 AB, CD=1.272-1.618 BC
Bat: AB=0.382-0.50 XA, BC=0.382-0.886 AB, CD=1.618-2.24 BC
Crab: AB=0.382-0.618 XA, BC=0.382-0.886 AB, CD=2.24-3.618 BC
Head & Shoulders 👤
Classic three-peak reversal pattern indicating trend exhaustion:
Standard H&S: Bearish reversal at tops
Inverse H&S: Bullish reversal at bottoms
Automatic neckline validation and price target calculation
Double Patterns 📊
Powerful reversal patterns with extreme validation:
Double Top: Two similar highs with valley between (bearish)
Double Bottom: Two similar lows with peak between (bullish)
Includes lookback period validation to ensure patterns are significant extremes
Wedge Patterns 📐
Continuation/reversal patterns with converging trend lines:
Rising Wedge: Converging upward slopes (typically bearish)
Falling Wedge: Converging downward slopes (typically bullish)
Volume confirmation required for increased accuracy
🎯 Trading Applications
Entry Signals
Harmonic Patterns: Enter at point D completion with targets at point A
H&S Patterns: Enter on neckline break with calculated targets
Double Patterns: Enter on support/resistance break with measured moves
Wedge Patterns: Enter on breakout direction with volume confirmation
Risk Management
Use pattern structure for logical stop placement
Pattern invalidation levels provide clear exit rules
Multiple pattern confirmation increases probability
Multi-Timeframe Analysis
Higher ZigZag depth for longer-term patterns
Lower sensitivity for short-term trading patterns
Combine with other timeframes for confluence
⚙️ Optimal Settings
For Day Trading (1m-15m charts)
ZigZag Sensitivity: 5-9
Depth Multiplier: 1-2
Enable all pattern types for maximum opportunities
For Swing Trading (1H-4H charts)
ZigZag Sensitivity: 9-15
Depth Multiplier: 2-3
Focus on harmonic and H&S patterns
For Position Trading (Daily+ charts)
ZigZag Sensitivity: 15-25
Depth Multiplier: 3-5
Emphasize major harmonic and double patterns
🔧 Technical Specifications
Maximum Lookback: 5000 bars for comprehensive analysis
Pattern Overlap Prevention: Intelligent filtering prevents duplicate patterns
Performance Optimized: Efficient algorithms for real-time detection
Volume Integration: Advanced volume analysis for wedge confirmation
Fibonacci Precision: 10% tolerance for harmonic ratio validation
📚 How to Use
Add to Chart: Apply indicator to any timeframe/market
Configure Settings: Adjust sensitivity based on trading style
Enable Patterns: Toggle desired pattern types
Analyze Results: Look for completed patterns with clear structure
Plan Trades: Use price targets and pattern invalidation for trade management
Perfect for both novice and experienced traders seeking systematic pattern recognition with visualization and entry/exit signals.
Aggregated VolumeHow to Read the “Aggregated Volume” Signal
This indicator combines normalized volume, short-term volume bursts, pivot levels, VWAP, and a 200-period EMA to give you a multi-dimensional view of trading activity. Here’s how to interpret each component and synthesize them into actionable insights.
1. Custom Volume Signal (vSignal)
• Calculation
• vSignal = Sum of over bars, divided by the current price.
• A rising vSignal means more volume is being traded per unit of price, signaling growing interest relative to price level.
• Plot styling
• Bars are lime when (bullish volume days)
• Bars are orange when (bearish volume days)
How to read it
• Trend confirmation: Increasing lime bars alongside rising price suggests buyers in control.
• Warning sign: Rising orange bars on a down move indicate accelerating selling pressure.
• Divergence:
• Price making new highs while vSignal stalls or drops → potential top.
• Price making new lows while vSignal holds → potential bottom.
2. Short-Term Volume Bursts
Three semi-transparent histograms show how much the last 2, 5, and 10-bar raw volumes exceed (or fall below) the current vSignal:
• Blue = vol(2) – vSignal
• Green = vol(5) – vSignal
• Red = vol(10) – vSignal
If a colored bar sits above zero, that lookback’s volume is surging relative to the longer-term average (vSignal).
How to read it
• Clustered bursts:
• Blue + Green + Red above zero → strong, broad-based volume surge.
• Great for confirming breakouts and shakeouts.
• Isolated burst:
• Only Blue (> 0) on a small range bar → might be a false breakout or intrabar squeeze.
• Only Red (> 0) on a wide range → institutional involvement; act with caution.
3. Pivot Volume Levels (v & t)
• Every 21 bars, the script finds the highest and lowest vSignal values and plots them as shaded price levels:
• Magenta area = recent vSignal high (resistance)
• Cyan area = recent vSignal low (support)
How to read it
• Rejection/Break:
• Price approaches magenta zone and stalls → sellers defending that volume high.
• Break above magenta with high vSignal → likely sustained rally.
• Support flip:
• Cyan zone hold → buyers stepping in at heavy-volume lows.
• Break below cyan with rising vSignal → bearish conviction.
4. Midline Cross (Volume Equilibrium)
• A 10-bar SMA of
• Drawn as a faint white cross on price
How to read it
• Above midline → overall volume bias is skewed bullish.
• Below midline → bearish volume bias.
Crossovers of vSignal through this midline can signal shifts in underlying conviction.
5. VWAP & 200-Period EMA Overlays
• VWAP (transparent red if above price, green if below)
• EMA(200) plotted as aqua circles
How to read them
• VWAP tells you the intraday “value area.”
• Price above VWAP + rising vSignal = intraday buyers in charge.
• Price below VWAP + rising vSignal = aggressive sellers.
• EMA(200) gives you the longer-term trend.
• Above EMA200 = bullish regime
• Below EMA200 = bearish regime
6. Putting It All Together: Example Scenarios
1. Bullish Entry
• Price > EMA200 & VWAP is green
• vSignal rising in lime
• All three short-term bursts above zero
• Price near or breaking the magenta pivot with volume confirmation
2. Bearish Entry
• Price < EMA200 & VWAP is red
• vSignal rising in orange
• Two-bar burst (blue) spikes on a down bar
• Price failing at magenta pivot or breaking cyan support
3. Divergence Play
• Price makes new high, but vSignal peaks lower than last high → look for a reversal.
• Price drops to new low, but vSignal stays above its last low → prepare for a bounce.
By combining these layers—normalized volume, burst indicators, pivot levels, VWAP, and EMA—you get a clear map of where volume is clustering, which lets you anticipate support/resistance, gauge real interest, and spot potential reversals or breakouts with greater confidence.
Volume-Confirmed Price Momentum# **Volume-Confirmed Price Momentum (VCPM) Indicator**
## **🔍 Overview**
Introducing the **Volume-Confirmed Price Momentum (VCPM)**, a sophisticated dual-metric indicator designed to identify high-probability momentum moves by analyzing the relationship between price action and volume dynamics. This indicator combines correlation analysis with volume strength validation to filter out weak signals and highlight institutional-backed movements.
---
## **⚙️ Core Mechanics**
**Price-Volume Correlation Engine:**
- Calculates real-time correlation between price movements and volume
- Configurable lookback period (default: 8 bars)
- Option to use price changes or absolute values
- Correlation range: -1.0 (perfect negative) to +1.0 (perfect positive)
**Volume Strength Analyzer:**
- Compares current volume against its moving average (default: 128 periods)
- Normalizes volume ratio to 0-1 scale for consistent interpretation
- Identifies when volume significantly exceeds historical norms
---
## **📊 Signal Generation**
### **🟢 Bullish Confirmation Signal**
**Trigger:** Positive correlation > 0.6 + Volume ratio > 0.5
- Price and volume moving in harmony upward
- Above-average volume confirms the move
- Indicates strong institutional buying interest
### **🔴 Bearish Confirmation Signal**
**Trigger:** Negative correlation < -0.6 + Volume ratio > 0.5
- Price declining with increasing volume
- Suggests distribution or institutional selling
- High-confidence bearish momentum
---
## **🎯 Trading Applications**
**Breakout Validation:**
Filter false breakouts by requiring volume confirmation before entering positions.
**Trend Continuation:**
Identify when existing trends have strong volume backing for continuation plays.
**Distribution Detection:**
Spot potential tops when price struggles despite high volume (negative correlation).
**Entry Timing:**
Built-in alert system notifies when both conditions align for optimal entry points.
---
## **🔧 Customization Features**
- **Correlation Period:** Adjust sensitivity (2-500 bars)
- **Volume Averaging:** Modify volume comparison timeframe
- **Alert Thresholds:** Fine-tune correlation and volume ratio triggers
- **Visual Options:** Toggle volume histogram display
- **Price Source:** Choose from OHLC or custom sources
---
## **💡 Why VCPM Works**
Traditional momentum indicators often generate false signals during low-volume periods. VCPM solves this by requiring **dual confirmation**: price momentum must be supported by corresponding volume activity. This approach:
- Reduces whipsaws and false breakouts
- Identifies institutional participation
- Provides higher conviction trade setups
- Works across all timeframes and markets
---
## **📈 Best Use Cases**
✅ **Crypto markets** (high volatility, volume-driven)
✅ **Stock breakouts** (earnings, news events)
✅ **Forex majors** (during high-impact news)
✅ **Futures trading** (momentum confirmation)
---
## **⚠️ Important Notes**
- Works best in liquid markets with consistent volume data
- Combine with support/resistance levels for enhanced accuracy
- Consider market context (trending vs. ranging conditions)
- Not recommended for extremely low-volume periods
---
## **🚀 Getting Started**
1. Add VCPM to your chart as a sub-panel indicator
2. Configure correlation threshold (start with 0.6)
3. Set volume ratio threshold (start with 0.5)
4. Enable alerts for automated signal detection
5. Backtest on your preferred timeframe and instrument
---
**Ready to enhance your momentum trading with volume confirmation? Try VCPM and experience the difference institutional-backed signals can make in your trading results.**
*Available in Pine Script v6 - Compatible with all TradingView accounts*
Rifle UnifiedThis script is designed for use on 30-second charts of Dow Jones-related symbols (YM, MYM, US30). It provides automated buy and sell signals using a combination of price action, RSI (Relative Strength Index), and volume analysis. The script is intended for both live trading signals and backtesting, with configurable risk management and debugging features.
Core Functionality
1. Signal Generation Logic
Trigger: The algorithm looks for a sharp price move (drop or rise) of a user-defined threshold (default: 80 points) within a specified lookback window (default: 20 minutes).
Levels: It monitors for price drops below specific numerical levels ending in 23, 43, or 73 (e.g., 42223, 42273).
RSI Condition: When price falls below one of these levels and the RSI is below 30, the setup is considered active.
Buy Signal: A buy is triggered if, after setup:
Price rises back above the level,
The RSI rate of change (ROC) indicates exhaustion of the drop,
The current bar shows positive momentum.
2. Trade Management
Stop Loss & Take Profit: Configurable fixed or trailing stop loss and take profit levels are plotted and managed automatically.
Exit Signals: The script signals exit based on price action relative to these risk management levels.
3. Filters & Enhancements
Parabolic Move Filter: Prevents entries during extreme price moves.
Dead Cat Bounce Filter: Avoids false signals after sharp reversals.
Volume Filter: Optionally requires volume conditions for trade entries (especially for shorts).
Multiple Confirmation Layers : Includes checks for 5-minute RSI, momentum, and price retracement.
User Inputs & Customization
Trade Direction: Toggle between LONG and SHORT signal generation.
Trigger Settings: Adjust thresholds for price moves, lookback windows, RSI ROC, and volume requirements.
Trade Settings: Set take profit, stop loss, and trailing stop behavior.
Debug & Visualization: Enable or disable various plots, labels, and debug tables for in-depth analysis.
Backtesting: Integrated backtester with summary and detailed statistics tables.
Technical Features
Uses External Libraries: Relies on RifleShooterLib for core logic and BackTestLib for backtesting and statistics.
Multi-timeframe Analysis: Incorporates both 30-second and 5-minute RSI calculations.
Chart Annotations: Plots entry/exit points, risk levels, and debug information directly on the chart.
Alert Conditions: Built-in alert triggers for key events (initial move, stall, entry).
Intended Use
Markets: Dow Jones symbols (YM, MYM, US30, or US30 CFD).
Timeframe: 30-second chart.
Purpose: Automated signal generation for discretionary or algorithmic trading, with robust risk management and backtesting support.
Notable Customization & Extension Points
Momentum Calculation: Plans to replace the current momentum measure with "sqz momentum".
Displacement Logic: Future update to use "FVG concept" for displacement.
High-Contrast RSI: Optional visual enhancements for RSI extremes.
Time-based Stop: Consideration for adding a time-based stop mechanism.
This script is highly modular, with extensive user controls, and is suitable for both live trading and historical analysis of Dow Jones index movements
Active PMI Support/Resistance Levels [EdgeTerminal]The PMI Support & Resistance indicator revolutionizes traditional technical analysis by using Pointwise Mutual Information (PMI) - a statistical measure from information theory - to objectively identify support and resistance levels. Unlike conventional methods that rely on visual pattern recognition, this indicator provides mathematically rigorous, quantifiable evidence of price levels where significant market activity occurs.
- The Mathematical Foundation: Pointwise Mutual Information
Pointwise Mutual Information measures how much more likely two events are to occur together compared to if they were statistically independent. In our context:
Event A: Volume spikes occurring (high trading activity)
Event B: Price being at specific levels
The PMI formula calculates: PMI = log(P(A,B) / (P(A) × P(B)))
Where:
P(A,B) = Probability of volume spikes occurring at specific price levels
P(A) = Probability of volume spikes occurring anywhere
P(B) = Probability of price being at specific levels
High PMI scores indicate that volume spikes and certain price levels co-occur much more frequently than random chance would predict, revealing genuine support and resistance zones.
- Why PMI Outperforms Traditional Methods
Subjective interpretation: What one trader sees as significant, another might ignore
Confirmation bias: Tendency to see patterns that confirm existing beliefs
Inconsistent criteria: No standardized definition of "significant" volume or price action
Static analysis: Doesn't adapt to changing market conditions
No strength measurement: Can't quantify how "strong" a level truly is
PMI Advantages:
✅ Objective & Quantifiable: Mathematical proof of significance, not visual guesswork
✅ Statistical Rigor: Levels backed by information theory and probability
✅ Strength Scoring: PMI scores rank levels by statistical significance
✅ Adaptive: Automatically adjusts to different market volatility regimes
✅ Eliminates Bias: Computer-calculated, removing human interpretation errors
✅ Market Structure Aware: Reveals the underlying order flow concentrations
- How It Works
Data Processing Pipeline:
Volume Analysis: Identifies volume spikes using configurable thresholds
Price Binning: Divides price range into discrete levels for analysis
Co-occurrence Calculation: Measures how often volume spikes happen at each price level
PMI Computation: Calculates statistical significance for each price level
Level Filtering: Shows only levels exceeding minimum PMI thresholds
Dynamic Updates: Refreshes levels periodically while maintaining historical traces
Visual System:
Current Levels: Bright, thick lines with PMI scores - your actionable levels
Historical Traces: Faded previous levels showing market structure evolution
Strength Tiers: Line styles indicate PMI strength (solid/dashed/dotted)
Color Coding: Green for support, red for resistance
Info Table: Real-time display of strongest levels with scores
- Indicator Settings:
Core Parameters
Lookback Period (Default: 200)
Lower (50-100): More responsive to recent price action, catches short-term levels
Higher (300-500): Focuses on major historical levels, more stable but less responsive
Best for: Day trading (100-150), Swing trading (200-300), Position trading (400-500)
Volume Spike Threshold (Default: 1.5)
Lower (1.2-1.4): More sensitive, catches smaller volume increases, more levels detected
Higher (2.0-3.0): Only major volume surges count, fewer but stronger signals
Market dependent: High-volume stocks may need higher thresholds (2.0+), low-volume stocks lower (1.2-1.3)
Price Bins (Default: 50)
Lower (20-30): Broader price zones, less precise but captures wider areas
Higher (70-100): More granular levels, precise but may be overly specific
Volatility dependent: High volatility assets benefit from more bins (70+)
Minimum PMI Score (Default: 0.5)
Lower (0.2-0.4): Shows more levels including weaker ones, comprehensive view
Higher (1.0-2.0): Only statistically strong levels, cleaner chart
Progressive filtering: Start with 0.5, increase if too cluttered
Max Levels to Show (Default: 8)
Fewer (3-5): Clean chart focusing on strongest levels only
More (10-15): Comprehensive view but may clutter chart
Strategy dependent: Scalpers prefer fewer (3-5), swing traders more (8-12)
Historical Tracking Settings
Update Frequency (Default: 20 bars)
Lower (5-10): More frequent updates, captures rapid market changes
Higher (50-100): Less frequent updates, focuses on major structural shifts
Timeframe scaling: 1-minute charts need lower frequency (5-10), daily charts higher (50+)
Show Historical Levels (Default: True)
Enables the "breadcrumb trail" effect showing evolution of support/resistance
Disable for cleaner charts focusing only on current levels
Max Historical Marks (Default: 50)
Lower (20-30): Less memory usage, shorter history
Higher (100-200): Longer historical context but more resource intensive
Fade Strength (Default: 0.8)
Lower (0.5-0.6): Historical levels more visible
Higher (0.9-0.95): Historical levels very subtle
Visual Settings
Support/Resistance Colors: Choose colors that contrast well with your chart theme Line Width: Thicker lines (3-4) for better visibility on busy charts Show PMI Scores: Toggle labels showing statistical strength Label Size: Adjust based on screen resolution and chart zoom level
- Most Effective Usage Strategies
For Day Trading:
Setup: Lookback 100-150, Volume Threshold 1.8-2.2, Update Frequency 10-15
Use PMI levels as bounce/rejection points for scalp entries
Higher PMI scores (>1.5) offer better probability setups
Watch for volume spike confirmations at levels
For Swing Trading:
Setup: Lookback 200-300, Volume Threshold 1.5-2.0, Update Frequency 20-30
Enter on pullbacks to high PMI support levels
Target next resistance level with PMI score >1.0
Hold through minor levels, exit at major PMI levels
For Position Trading:
Setup: Lookback 400-500, Volume Threshold 2.0+, Update Frequency 50+
Focus on PMI scores >2.0 for major structural levels
Use for portfolio entry/exit decisions
Combine with fundamental analysis for timing
- Trading Applications:
Entry Strategies:
PMI Bounce Trades
Price approaches high PMI support level (>1.0)
Wait for volume spike confirmation (orange triangles)
Enter long on bullish price action at the level
Stop loss just below the PMI level
Target: Next PMI resistance level
PMI Breakout Trades
Price consolidates near high PMI level
Volume increases (watch for orange triangles)
Enter on decisive break with volume
Previous resistance becomes new support
Target: Next major PMI level
PMI Rejection Trades
Price approaches PMI resistance with momentum
Watch for rejection signals and volume spikes
Enter short on failure to break through
Stop above the PMI level
Target: Next PMI support level
Risk Management:
Stop Loss Placement
Place stops 0.1-0.5% beyond PMI levels (adjust for volatility)
Higher PMI scores warrant tighter stops
Use ATR-based stops for volatile assets
Position Sizing
Larger positions at PMI levels >2.0 (highest conviction)
Smaller positions at PMI levels 0.5-1.0 (lower conviction)
Scale out at multiple PMI targets
- Key Warning Signs & What to Watch For
Red Flags:
🚨 Very Low PMI Scores (<0.3): Weak statistical significance, avoid trading
🚨 No Volume Confirmation: PMI level without recent volume spikes may be stale
🚨 Overcrowded Levels: Too many levels close together suggests poor parameter tuning
🚨 Outdated Levels: Historical traces are reference only, not tradeable
Optimization Tips:
✅ Regular Recalibration: Adjust parameters monthly based on market regime changes
✅ Volume Context: Always check for recent volume activity at PMI levels
✅ Multiple Timeframes: Confirm PMI levels across different timeframes
✅ Market Conditions: Higher thresholds during high volatility periods
Interpreting PMI Scores
PMI Score Ranges:
0.5-1.0: Moderate statistical significance, proceed with caution
1.0-1.5: Good significance, reliable for most trading strategies
1.5-2.0: Strong significance, high-confidence trade setups
2.0+: Very strong significance, institutional-grade levels
Historical Context: The historical trace system shows how support and resistance evolve over time. When current levels align with multiple historical traces, it indicates persistent market memory at those prices, significantly increasing the level's reliability.
Alpha - Combined BreakoutThis Pine Script indicator, "Alpha - Combined Breakout," is a combination between Smart Money Breakout Signals and UT Bot Alert, The UT Bot Alert indicator was initially developer by Yo_adriiiiaan
The idea of original code belongs HPotter.
This Indicator helps you identify potential trading opportunities by combining two distinct strategies: Smart Money Breakout and a modified UT Bot (likely a variation of the Ultimate Trend Bot). It provides visual signals, draws lines for potential take profit (TP) and stop loss (SL) levels, and includes a dashboard to track performance metrics.
Tutorial:
Understanding and Using the "Alpha - Combined Breakout" Indicator
This indicator is designed for traders looking for confirmation of market direction and potential entry/exit points by blending structural analysis with a trend-following oscillator.
How it Works (General Concept)
The indicator combines two main components:
Smart Money Breakout: This part identifies significant breaks in market structure, which "smart money" traders often use to gauge shifts in supply and demand. It looks for higher highs/lows or lower highs/lows and flags when these structural points are broken.
UT Bot: This is a trend-following component that generates buy and sell signals based on price action relative to an Average True Range (ATR) based trailing stop.
You can choose to use these signals independently or combined to generate trading alerts and visual cues on your chart. The dashboard provides a quick overview of how well the signals are performing based on your chosen settings and display mode.
Parameters and What They Do
Let's break down each input parameter:
1. Smart Money Inputs
These settings control how the indicator identifies market structure and breakouts.
swingSize (Market Structure Time-Horizon):
What it does: This integer value defines the number of candles used to identify significant "swing" (pivot) points—highs and lows.
Effect: A larger swingSize creates a smoother market structure, focusing on longer-term trends. This means signals might appear less frequently and with some delay but could be more reliable for higher timeframes or broader market movements. A smaller swingSize will pick up more minor market structure changes, leading to more frequent but potentially noisier signals, suitable for lower timeframes or scalping.
Analogy: Think of it like a zoom level on your market structure map. Higher values zoom out, showing only major mountain ranges. Lower values zoom in, showing every hill and bump.
bosConfType (BOS Confirmation Type):
What it does: This string input determines how a Break of Structure (BOS) is confirmed. You have two options:
'Candle Close': A breakout is confirmed only if a candle's closing price surpasses the previous swing high (for bullish) or swing low (for bearish).
'Wicks': A breakout is confirmed if any part of the candle (including its wick) surpasses the previous swing high or low.
Effect: 'Candle Close' provides stronger, more conservative confirmation, as it implies sustained price movement beyond the structure. 'Wicks' provides earlier, more aggressive signals, as it captures momentary breaches of the structure.
Analogy: Imagine a wall. 'Candle Close' means the whole person must get over the wall. 'Wicks' means even a finger touching over the top counts as a breach.
choch (Show CHoCH):
What it does: A boolean (true/false) input to enable or disable the display of "Change of Character" (CHoCH) labels. CHoCH indicates the first structural break against the current dominant trend.
Effect: When true, it helps identify early signs of a potential trend reversal, as it marks where the market's "character" (its tendency to make higher highs/lows or lower lows/highs) first changes.
BULL (Bullish Color) & BEAR (Bearish Color):
What they do: These color inputs allow you to customize the visual appearance of bullish and bearish signals and lines drawn by the Smart Money component.
Effect: Purely cosmetic, helps with visual identification on the chart.
sm_tp_sl_multiplier (SM TP/SL Multiplier (ATR)):
What it does: A float value that acts as a multiplier for the Average True Range (ATR) to calculate the Take Profit (TP) and Stop Loss (SL) levels specifically when you're in "Smart Money Only" mode. It uses the ATR calculated by the UT Bot's nLoss_ut as its base.
Effect: A higher multiplier creates wider TP/SL levels, potentially leading to fewer trades but larger wins/losses. A lower multiplier creates tighter TP/SL levels, potentially leading to more frequent but smaller wins/losses.
2. UT Bot Alerts Inputs
These parameters control the behavior and sensitivity of the UT Bot component.
a_ut (UT Key Value (Sensitivity)):
What it does: This integer value adjusts the sensitivity of the UT Bot.
Effect: A higher value makes the UT Bot less sensitive to price fluctuations, resulting in fewer and potentially more reliable signals. A lower value makes it more sensitive, generating more signals, which can include more false signals.
Analogy: Like a noise filter. Higher values filter out more noise, keeping only strong signals.
c_ut (UT ATR Period):
What it does: This integer sets the look-back period for the Average True Range (ATR) calculation used by the UT Bot. ATR measures market volatility.
Effect: This period directly influences the calculation of the nLoss_ut (which is a_ut * xATR_ut), thus defining the distance of the trailing stop loss and take profit levels. A longer period makes the ATR smoother and less reactive to sudden price spikes. A shorter period makes it more responsive.
h_ut (UT Signals from Heikin Ashi Candles):
What it does: A boolean (true/false) input to determine if the UT Bot calculations should use standard candlestick data or Heikin Ashi candlestick data.
Effect: Heikin Ashi candles smooth out price action, often making trends clearer and reducing noise. Using them for UT Bot signals can lead to smoother, potentially delayed signals that stay with a trend longer. Standard candles are more reactive to raw price changes.
3. Line Drawing Control Buttons
These crucial boolean inputs determine which type of signals will trigger the drawing of TP/SL/Entry lines and flags on your chart. They act as a priority system.
drawLinesUtOnly (Draw Lines: UT Only):
What it does: If checked (true), lines and flags will only be drawn when the UT Bot generates a buy/sell signal.
Effect: Isolates UT Bot signals for visual analysis.
drawLinesSmartMoneyOnly (Draw Lines: Smart Money Only):
What it does: If checked (true), lines and flags will only be drawn when the Smart Money Breakout logic generates a bullish/bearish breakout.
Effect: Overrides drawLinesUtOnly if both are checked. Isolates Smart Money signals.
drawLinesCombined (Draw Lines: UT & Smart Money (Combined)):
What it does: If checked (true), lines and flags will only be drawn when both a UT Bot signal AND a Smart Money Breakout signal occur on the same bar.
Effect: Overrides both drawLinesUtOnly and drawLinesSmartMoneyOnly if checked. Provides the strictest entry criteria for line drawing, looking for strong confluence.
Dashboard Metrics Explained
The dashboard provides performance statistics based on the lines drawing control button selected. For example, if "Draw Lines: UT Only" is active, the dashboard will show stats only for UT Bot signals.
Total Signals: The total number of buy or sell signals generated by the selected drawing mode.
TP1 Win Rate: The percentage of signals where the price reached Take Profit 1 (TP1) before hitting the Stop Loss.
TP2 Win Rate: The percentage of signals where the price reached Take Profit 2 (TP2) before hitting the Stop Loss.
TP3 Win Rate: The percentage of signals where the price reached Take Profit 3 (TP3) before hitting the Stop Loss. (Note: TP1, TP2, TP3 are in order of distance from entry, with TP3 being furthest.)
SL before any TP rate: This crucial metric shows the number of times the Stop Loss was hit / the percentage of total signals where the stop loss was triggered before any of the three Take Profit levels were reached. This gives you a clear picture of how often a trade resulted in a loss without ever moving into profit target territory.
Short Tutorial: How to Use the Indicator
Add to Chart: Open your TradingView chart, go to "Indicators," search for "Alpha - Combined Breakout," and add it to your chart.
Access Settings: Once added, click the gear icon next to the indicator name on your chart to open its settings.
Choose Your Signal Mode:
For UT Bot only: Uncheck "Draw Lines: Smart Money Only" and "Draw Lines: UT & Smart Money (Combined)". Ensure "Draw Lines: UT Only" is checked.
For Smart Money only: Uncheck "Draw Lines: UT Only" and "Draw Lines: UT & Smart Money (Combined)". Ensure "Draw Lines: Smart Money Only" is checked.
For Combined Signals: Check "Draw Lines: UT & Smart Money (Combined)". This will override the other two.
Adjust Parameters:
Start with default settings. Observe how the signals appear on your chosen asset and timeframe.
Refine Smart Money: If you see too many "noisy" market structure breaks, increase swingSize. If you want earlier breakouts, try "Wicks" for bosConfType.
Refine UT Bot: Adjust a_ut (Sensitivity) to get more or fewer UT Bot signals. Change c_ut (ATR Period) if you want larger or smaller TP/SL distances. Experiment with h_ut to see if Heikin Ashi smoothing suits your trading style.
Adjust TP/SL Multiplier: If using "Smart Money Only" mode, fine-tune sm_tp_sl_multiplier to set appropriate risk/reward levels.
Interpret Signals & Lines:
Buy/Sell Flags: These indicate the presence of a signal based on your selected drawing mode.
Entry Line (Blue Solid): This is where the signal was generated (usually the close price of the signal candle).
SL Line (Red/Green Solid): Your calculated stop loss level.
TP Lines (Dashed): Your three calculated take profit levels (TP1, TP2, TP3, where TP3 is the furthest target).
Smart Money Lines (BOS/CHoCH): These lines indicate horizontal levels where market structure breaks occurred. CHoCH labels might appear at the first structural break against the prior trend.
Monitor Dashboard: Pay attention to the dashboard in the top right corner. This dynamically updates to show the win rates for each TP and, crucially, the "SL before any TP rate." Use these statistics to evaluate the effectiveness of the indicator's signals under your current settings and chosen mode.
*
Set Alerts (Optional): You can set up alerts for any of the specific signals (UT Bot Long/Short, Smart Money Bullish/Bearish, or the "Line Draw" combined signals) to notify you when they occur, even if you're not actively watching the chart.
By following this tutorial, you'll be able to effectively use and customize the "Alpha - Combined Breakout" indicator to suit your trading strategy.
Fibonacci Retracement Engine (DFRE) [PhenLabs]📊 Fibonacci Retracement Engine (DFRE)
Version: PineScript™ v6
📌 Description
Dynamic Fibonacci Retracement Engine (DFRE) is a sophisticated technical analysis tool that automatically detects important swing points and draws precise Fibonacci retracement levels on various timeframes. The intelligent indicator eliminates the subjectivity of manual Fibonacci drawing using intelligent swing detection algorithms combined with multi timeframe confluence analysis.
Built for professional traders who demand accuracy and consistency, DFRE provides real time Fibonacci levels that adapt to modifications in market structure without sacrificing accuracy in changing market conditions. The indicator excels at identifying key support and resistance levels where price action is more likely to react, giving traders a potent edge in entry and exit timing.
🚀 Points of Innovation
Intelligent Swing Detection Algorithm : Advanced pivot detection with customizable confirmation bars and minimum swing percentage thresholds
Multi-Timeframe Confluence Engine : Simultaneous analysis across three timeframes to identify high-probability zones
Dynamic Level Management : Automatically updates and manages multiple Fibonacci sets while maintaining chart clarity
Adaptive Visualization System : Smart labeling that shows only the most relevant levels based on user preferences
Real-Time Confluence Detection : Identifies zones where multiple Fibonacci levels from different timeframes converge
Automated Alert System : Comprehensive notifications for level breakouts and confluence zone formations
🔧 Core Components
Swing Point Detection Engine : Uses pivot high/low calculations with strength confirmation to identify significant market turns
Fibonacci Calculator : Automatically computes standard retracement levels (0.236, 0.382, 0.5, 0.618, 0.786, 0.886) plus extensions (1.272, 1.618)
Multi-Timeframe Security Function : Safely retrieves Fibonacci data from higher timeframes without repainting
Confluence Analysis Module : Mathematically identifies zones where multiple levels cluster within specified thresholds
Dynamic Drawing Management : Efficiently handles line and label creation, updates, and deletion to maintain performance
🔥 Key Features
Customizable Swing Detection : Adjust swing length (3-50 bars) and strength confirmation (1-10 bars) to match your trading style
Selective Level Display : Choose which Fibonacci levels to show, from core levels to full extensions
Multi-Timeframe Analysis : Analyze up to 3 different timeframes simultaneously for confluence identification
Intelligent Labeling System : Options to show main levels only or all levels, with latest-set-only functionality
Visual Customization : Adjustable line width, colors, and extension options for optimal chart clarity
Performance Optimization : Limit maximum Fibonacci sets (1-5) to maintain smooth chart performance
Comprehensive Alerting : Get notified on level breakouts and confluence zone formations
🎨 Visualization
Dynamic Fibonacci Lines : Color-coded lines (green for uptrends, red for downtrends) with customizable width and extension
Smart Level Labels : Precise level identification with both ratio and price values displayed
Confluence Zone Highlighting : Visual emphasis on areas where multiple timeframe levels converge
Clean Chart Management : Automatic cleanup of old drawing objects to prevent chart clutter
Responsive Design : All visual elements adapt to different chart sizes and timeframes
📖 Usage Guidelines
Swing Detection Settings
Swing Detection Length - Default: 25 | Range: 3-50 | Controls the lookback period for identifying pivot points. Lower values detect more frequent swings but may include noise, while higher values focus on major market turns.
Swing Strength (Confirmation Bars) - Default: 2 | Range: 1-10 | Number of bars required to confirm a swing point. Higher values reduce false signals but increase lag.
Minimum Swing % Change - Default: 1.0% | Range: 0.1-10.0% | Minimum percentage change required to register a valid swing. Filters out insignificant price movements.
Fibonacci Level Settings
Individual Level Toggles : Enable/disable specific Fibonacci levels (0.236, 0.382, 0.5, 0.618, 0.786, 0.886)
Extensions : Show projection levels (1.272, 1.618) for target identification
Multi-Timeframe Settings
Timeframe Selection : Choose three higher timeframes for confluence analysis
Confluence Threshold : Percentage tolerance for level clustering (0.5-5.0%)
✅ Best Use Cases
Swing Trading : Identify optimal entry and exit points at key retracement levels
Confluence Trading : Focus on high-probability zones where multiple timeframe levels align
Support/Resistance Trading : Use dynamic levels that adapt to changing market structure
Breakout Trading : Monitor level breaks for momentum continuation signals
Target Setting : Utilize extension levels for profit target placement
⚠️ Limitations
Lagging Nature : Requires confirmed swing points, which means levels appear after significant moves
Market Condition Dependency : Works best in trending markets; less effective in extremely choppy conditions
Multiple Signal Complexity : Multiple timeframe analysis may produce conflicting signals requiring experience to interpret
Performance Considerations : Multiple Fibonacci sets and MTF analysis may impact indicator loading time on slower devices
💡 What Makes This Unique
Automated Precision : Eliminates manual drawing errors and subjective level placement
Multi-Timeframe Intelligence : Combines analysis from multiple timeframes for superior confluence detection
Adaptive Management : Automatically updates and manages multiple Fibonacci sets as market structure evolves
Professional-Grade Alerts : Comprehensive notification system for all significant level interactions
🔬 How It Works
Step 1 - Swing Point Identification : Scans price action using pivot high/low calculations with specified lookback periods, applies confirmation logic to eliminate false signals, and calculates swing strength based on surrounding price action for quality assessment.
Step 2 - Fibonacci Level Calculation : Automatically computes retracement and extension levels between confirmed swing points, creates dynamic level sets that update as new swing points are identified, and maintains multiple active Fibonacci sets for comprehensive market analysis.
Step 3 - Multi-Timeframe Confluence : Retrieves Fibonacci data from higher timeframes using secure request functions, analyzes level clustering across different timeframes within specified thresholds, and identifies high-probability zones where multiple levels converge.
💡 Note: This indicator works best when combined with other technical analysis tools and proper risk management. The multi-timeframe confluence feature provides the highest probability setups, but always confirm signals with additional analysis before entering trades.
Support Resistance with Order BlocksIndicator Description
Professional Price Level Detection for Smart Trading. Master the Markets with Precision Support/Resistance and Order Block Analysis . It provides traders with clear visual cues for potential reversal and breakout areas, combining both retail and institutional trading concepts into one powerful tool.
The Support & Resistance with Order Blocks indicator is a versatile Pine Script tool designed to empower traders with clear, actionable insights into key market levels. By combining advanced pivot-based support and resistance (S/R) detection with order block (OB) filtering, this indicator delivers clean, high-probability zones for entries, exits, and reversals. With customizable display options (boxes or lines) and intuitive settings, it’s perfect for traders of all styles—whether you’re scalping, swing trading, or investing long-term. Overlay it on your TradingView chart and elevate your trading strategy today!
________________________________________
Key Features
✅ Dynamic Support/Resistance - Auto-adjusting levels based on price action
✅ Smart Order Block Detection - Identifies institutional buying/selling zones
✅ Dual Display Modes - Choose between Boxes or Clean Lines for different chart styles
✅ Customizable Sensitivity - Adjust detection parameters for different markets
✅ Broken Level Markers - Clearly shows when key levels are breached
✅ Timeframe-Adaptive - Automatically adjusts for daily/weekly charts
1. Dynamic Support & Resistance Detection
Identifies critical S/R zones using pivot high/low calculations with adjustable look back periods.
Visualizes active S/R zones with distinct colors and labels ("Support" or "Resistance" for boxes, lines for cleaner charts).
Marks broken S/R levels as "Br S" (broken support) or "Br R" (broken resistance) when historical display is enabled, aiding in breakout and reversal analysis.
2. Smart Order Block Identification
Detects bullish and bearish order blocks based on significant price movements (default: ±0.3% over 5 candles).
Highlights institutional buying/selling zones with customizable colors, displayed as boxes or lines.
Filters out overlapping OB zones to keep your chart clutter-free.
3. Dual Display Options
Boxes or Lines: Choose to display S/R and OB as boxes for detailed zones or lines for a minimalist view.
Line Width Customization: Adjust line widths for S/R and OB (1–5 pixels) for optimal visibility.
Color Customization: Tailor colors for active/broken S/R and bullish/bearish OB zones.
4. Advanced Overlap Filtering
Ensures S/R zones don’t overlap with OB zones or other S/R levels, providing only the most relevant levels.
Limits the number of active zones (default: 10) to maintain chart clarity.
5. Historical S/R Visualization
Optionally display broken S/R levels with distinct colors and labels ("Br S" or "Br R") to track historical price reactions.
Broken levels are dynamically updated and removed (or retained) based on user settings.
6. Timeframe Adaptability
Automatically adjusts pivot detection for daily/weekly timeframes (40-candle look back) versus shorter timeframes (20-candle look back).
Works seamlessly across all asset classes (stocks, forex, crypto, etc.) and timeframes.
________________________________________
How It Works
• Support & Resistance:
Uses ta.pivothigh and ta.pivotlow to detect significant price pivots, with a user-defined look back (default: 5 candles post-pivot).
Plots S/R as boxes (with labels "Support" or "Resistance") or lines, extending to the current bar for real-time relevance.
Broken S/R levels are marked with adjusted colors and labels ("S" or "R" for boxes, "Br S" or "Br R" for lines when historical display is enabled).
• Order Blocks:
Identifies OB based on strong price movements over 4 candles, plotted as boxes or lines at the candle’s midpoint.
Validates OB to prevent overlap, ensuring only significant zones are displayed.
Removes OB zones when price breaks through, keeping the chart focused on active levels.
• Customization:
Toggle S/R and OB visibility, adjust detection sensitivity, and set maximum active zones (4–50).
Fine-tune line widths and colors for a personalized chart experience.
________________________________________
Why Use This Indicator?
• Precision Trading: Pinpoint high-probability entry/exit zones with filtered S/R and OB levels.
• Clean Charts: Overlap filtering and zone limits reduce clutter, focusing on key levels.
• Versatile Display: Switch between boxes for detailed zones or lines for simplicity, with adjustable line widths.
• Institutional Edge: Leverage OB detection to align with institutional activity for smarter trades.
• User-Friendly: Intuitive settings and clear visuals make it accessible for beginners and pros alike.
________________________________________
Settings Overview________________________________________
⚙ Input Parameters
Settings Overview
Display Options:
Display Type: Choose "Boxes" or "Lines" for S/R and OB visualization.
S/R Line Width: Set line thickness for S/R lines (1–5 pixels, default: 2).
OB Line Width: Set line thickness for OB lines (1–5 pixels, default: 2).
Order Block Options:
Show Order Block: Enable/disable OB display.
Bull/Bear OB Colors: Customise border and fill colors for bullish and bearish OB zones.
Support/Resistance Options:
Show S/R: Toggle active S/R zones.
Show Historical S/R: Display broken S/R levels, marked as "Br S" or "Br R" for lines.
Detection Period: Set candle lookback for pivot detection (4–50, default: 5).
Max Active Zones: Limit active S/R and OB zones (4–50, default: 10).
Colors: Customise active and broken S/R colors for clear differentiation.
________________________________________
How to Use
1. Add to Chart: Apply the indicator to your TradingView chart.
2. Customize Settings:
o Select "Boxes" or "Lines" for your preferred display style.
o Adjust line widths, colors, and detection parameters to suit your trading style.
o Enable "Show Historical S/R" to track broken levels with "Br S" and "Br R" labels.
3. Analyze Levels:
o Use support zones (green) for buy entries and resistance zones (red) for sell entries.
o Monitor OB zones for institutional activity, signaling potential reversals or continuations.
o Watch for "Br S" or "Br R" labels to identify breakout opportunities.
4. Combine with Other Tools: Pair with trend indicators, volume analysis, or price action for a robust strategy.
5. Monitor Breakouts: Trade breakouts when price breaches S/R or OB zones, with historical labels providing context.
________________________________________
Example Use Cases
• Swing Trading: Use S/R and OB zones to identify entry/exit points, with historical broken levels for context.
• Breakout Trading: Trade price breaks through S/R or OB, using "Br S" and "Br R" labels to confirm reversals.
• Scalping: Adjust detection period for faster S/R and OB identification on lower timeframes.
________________________________________
• Performance: Optimized for all timeframes, with best results on 5M, 15M, 30M, 1H, 4H, or daily charts for swing trading.
• Compatibility: Works with any asset class and TradingView chart.
________________________________________
Get Started
Transform your trading with Support & Resistance with Order Blocks! Add it to your chart, customize it to your style, and trade with confidence. For questions or feedback, drop a comment on TradingView or message the author. Happy trading! 🚀
________________________________________
Disclaimer: This indicator is for educational and informational purposes only. Always conduct your own analysis and practice proper risk management before trading.
Fair Value Gap [Custom]📌 FVG Indicator – Smart Money Concepts Tool
This script is based on Smart Money Concepts (SMC) and automatically detects and marks Fair Value Gaps (FVG) on the chart, helping traders identify unbalanced price areas left behind by institutional moves.
🧠 What is an FVG?
An FVG (Fair Value Gap) is the price gap formed when the market moves rapidly, leaving behind a candle range where no trading occurred — typically between Candle 1’s high and Candle 3’s low (in a three-candle pattern). These gaps often signal imbalance, created during structural breaks or liquidity grabs, and may act as retrace zones or entry points.
🛠 Features:
✅ Automatically detects and highlights FVG zones (high-low range)
✅ Differentiates between open (unfilled) and closed (filled) FVGs
✅ Adjustable timeframe settings (works best on 1H–4H charts)
✅ Option to toggle display of filled FVGs
✅ Great for identifying pullback entries, continuation zones, or reversal setups
💡 Recommended Use:
After BOS/CHoCH, watch for price to return to the FVG for entry
Combine with Order Blocks and liquidity zones for higher accuracy
Best used as part of an ICT or SMC-based trading system
