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FlowScope [Hapharmonic]FlowScope: Uncover the Market's True Intent 🔬 Ever wished you could look inside the candles and see where the real action is happening? FlowScope is your microscope for the market's flow, designed to give you a powerful edge by revealing the volume distribution that price action alone can't show you. Instead of just looking at the open, high, low, and close, FlowScope lets you dive deeper into the market's auction process. It groups candles together and builds a detailed Volume Profile for that period, showing you exactly where the trading happened and revealing the story behind the price action. Let's explore how you can use it to gain a powerful new edge. 🧐 Core Concept: How It Works At its heart, FlowScope does three key things: It Groups Candles: You decide how many candles to group together. For example, setting " Group Candles " to 4 on a 5-minute chart effectively gives you a detailed 20-minute candle and profile. This helps you see the bigger picture and filter out market noise. It Builds a Volume Profile: For each group, FlowScope analyzes the volume at every single price level. It then displays this as a horizontal histogram (we call this a "footprint" or profile). Longer bars mean more volume was traded at that price, indicating a "fair" price or an area of acceptance. Shorter bars mean price moved through quickly, indicating rejection. It Creates a Custom "Grouped Candle": To summarize the group's overall price action, FlowScope draws a single, custom candle representing the entire group's: Open: The open of the first candle in the group. High: The absolute highest price reached within the group. Low: The absolute lowest price reached within the group. Close: The close of the last candle in the group. This gives you a crystal-clear view of the group's net result, free from the back-and-forth noise of the individual candles inside it. Below are some of the stunning preset color palettes you can choose from to customize your view: 🚀 How to Use: Practical Applications FlowScope isn't just for looking pretty; it's a powerful analysis tool. Here are a few ways to integrate it into your trading: Identify High-Volume Nodes (HVNs): Look for the longest bars in the profile. These are price levels where the market spent the most time and traded the most volume. HVNs often act as powerful "magnets" for price, becoming key areas of support and resistance. Spot Low-Volume Nodes (LVNs): These are areas with very short bars or gaps in the profile. They represent price levels that the market moved through quickly and inefficiently. If price returns to an LVN, it's likely to move through it quickly again. Analyze the Summary Box: This is where the real magic happens! ✨ Total Volume (Σ): The total volume for the entire group. Buy (B) vs. Sell (S) Volume: FlowScope analyzes the lower timeframe action to estimate the buying and selling pressure that made up the total volume. Is a big red candle mostly aggressive selling, or was it just a lack of buyers? The B/S data gives you clues. A high-volume candle with nearly 50/50 buy/sell pressure might indicate absorption or a potential reversal. Use the Grouped Candle for Clarity: Is the market in a clear uptrend, or is it just choppy? The grouped candle can give you a much clearer signal. A series of strong, green grouped candles shows much more conviction than a mix of small green and red candles. ⚙️ Settings & Customization This is where you can truly make FlowScope your own. Let's walk through each setting. Profile Settings Group Candles: The number of standard chart candles you want to combine into a single FlowScope profile. A setting of 1 will analyze every single bar. A higher number gives you a broader market view. When Group Candles is set to 5, the data from the 5 individual candles are combined, and the volume is calculated accordingly. Max Profile Boxes: This setting is more than just a number; it's a smart limit that ensures your profiles are always readable and relevant to the current market conditions. Adaptive Sizing (The Ideal Goal): FlowScope first tries to create the perfect profile by making each volume box's height proportional to the current market volatility. It calculates an "ideal" box height based on the Average True Range ( ATR / 10 ). This is powerful because it automatically adapts: you get smaller, more detailed boxes in quiet, low-volatility markets, and larger, clearer boxes in volatile, fast-moving markets. The Safety Cap (Your Setting): However, what if you group several candles during a massive price move? The price range could be huge! If we only used the small, ATR-based box height, you might end up with hundreds of tiny, unreadable boxes. This is where your Max Profile Boxes setting (defaulting to 50) comes in. It acts as a maximum detail cap . If the adaptive, volatility-based calculation determines that it would need more boxes than your setting (e.g., more than 50), the indicator will override it. It will then simply divide the entire price range of the group into exactly the number of boxes you specified (e.g., 50). In short: You are setting the maximum allowable detail. FlowScope intelligently adapts the profile's granularity below that limit based on market volatility, ensuring you always get a clear and meaningful picture. Style Show Profile BG: A simple toggle to show or hide the faint background color behind the volume bars. Turning it off can create a cleaner look. Color Mode: This dropdown controls how the volume profile text is colored. Custom Gradient: This mode uses the three custom colors you select in the "Profile Colors" section to create a beautiful gradient across the profile. Candle Color: This mode colors the profile based on whether the grouped candle was bullish (green) or bearish (red). The color will be a gradient, with the most intense color applied to the box with the highest volume; the colors of the other boxes will fade out from that point. It's a great way to see the profile's "mood" at a glance. Profile Colors 🎨 Use Preset Palette: This is the master switch! If checked: You can choose from 10 stunning, pre-designed color palettes from the Palette dropdown. The custom color pickers below will be disabled. If unchecked (Default): The Palette dropdown will be disabled, and you can now choose your own three colors for the gradient. Palette: (Only active when "Use Preset Palette" is checked) . Choose from 10 luxurious, eye-catching color schemes like "Solar Flare" or "Deep Space" to instantly change the look and feel of your chart. Low Price / Mid Price / High Price: (Only active when "Use Preset Palette" is unchecked) . These three color pickers allow you to design your own unique gradient for the Custom Gradient color mode. Candle Display These settings control the custom "Grouped Candle" that summarizes the profile. When using the "Show Custom Candle" feature, you should change the chart's candlestick display to Bars for a cleaner view. Show Custom Candle: This is the main toggle. When you check this box, the original chart candles will be hidden, and your custom FlowScope candle will be displayed instead. This custom candle is intentionally small to ensure it does not visually overlap with the volume profile boxes. Show Body: (Only active when "Show Custom Candle" is checked) . Toggles the visibility of the candle's body. Wick Width & Body Width: (Only active when "Show Custom Candle" is checked) . These sliders let you control the thickness of the wick and body lines to match your personal style. Up Color / Down Color: (Only active when "Show Custom Candle" is checked) . Choose the colors for your bullish and bearish custom candles. Experiment with the settings, find a style that works for you, and start seeing the market in a whole new light. Happy trading! 📈😊
Pine Script® indicator
by hapharmonic
15
AMD [TakingProphets]Overview The AMD indicator is a real-time, high-resolution tool designed for traders following ICT methodology who want a clear visualization of higher timeframe (HTF) candles directly on their lower timeframe charts. It overlays current HTF structure, including open, high, low, and close projections, allowing traders to align intraday decisions with institutional price delivery — all without switching timeframes. Concept & Background In ICT concepts, market behavior often follows a pattern of accumulation, manipulation, and distribution. Understanding these phases is essential for anticipating when price is likely to expand or reverse. AMD automates this process by: -Overlaying HTF candles directly on your lower timeframe chart. -Projecting live levels like the current open, high, low, and close to map out evolving bias. -Helping traders see whether price is accumulating orders, engineering liquidity sweeps, or distributing aggressively. Key Features Live HTF Candle Overlay -Displays the full HTF candle — body, wicks, and directional bias — on your active chart in real time. -Perfect for traders aligning intraday setups with broader HTF context. Dynamic HTF Price Projections -Plots the evolving open, high, low, and close for the current HTF candle. -Each projection can be customized by color, style, labels, and visibility to fit your workflow. Full Customization Control -Adjust candle body widths, wick styles, and transparency. -Configure projection lines and time labels in both 12h and 24h formats. -Includes an optional Info Box showing instrument, timeframe, and session context. Session Timing & Labeling -Smart timestamping marks the start and close of each HTF candle. -Helps traders anticipate potential expansions or reversals during killzones or liquidity events. How to Use It Select Your HTF Context -Choose any timeframe overlay (e.g., 1H, 4H, 1D) to match your trading model. -Monitor Live HTF Levels -Watch how price interacts with current HTF highs, lows, and equilibrium levels in real time. -Integrate With ICT Concepts -Use alongside tools like SMT divergence, Order Blocks, or Liquidity Levels for confirmation and context. -Refine Intraday Entries -Check whether price is expanding in your favor before entering positions. Best Practices Combine AMD with ICT killzone sessions to monitor HTF behavior during high-liquidity periods. Use it alongside correlated SMT divergence tools for stronger directional bias confirmation. Who It’s For Scalpers anchoring quick entries to HTF sentiment. Intraday traders syncing 5m/15m setups with 1H/4H context. Swing traders monitoring HTF ranges without switching charts. Educators & analysts needing clean visual overlays for teaching and content creation. Why It’s Useful AMD doesn’t provide trading signals or predictive guarantees. Instead, it offers a clean, structured view of HTF price delivery — enabling traders to understand institutional intent as it unfolds and manage their execution with greater confidence.
Pine Script® indicator
by TakingProphets
MTF CRT Setup Finder (Raids + BOS linked)//@version=6 indicator("MTF CRT Setup Finder (Raids + BOS linked)", overlay=true, max_lines_count=500) // === INPUTS === lookback = input.int(5, "Swing Lookback Bars", minval=2) // === Function: Detect swing highs/lows === swingHigh(src, lb) => ta.pivothigh(src, lb, lb) swingLow(src, lb) => ta.pivotlow(src, lb, lb) // === Function: Detect CRT with memory === f_crt(tf) => hi = request.security(syminfo.tickerid, tf, high) lo = request.security(syminfo.tickerid, tf, low) cl = request.security(syminfo.tickerid, tf, close) sh = request.security(syminfo.tickerid, tf, swingHigh(high, lookback)) sl = request.security(syminfo.tickerid, tf, swingLow(low, lookback)) raidHigh = not na(sh) and hi > sh and cl < sh raidLow = not na(sl) and lo < sl and cl > sl // store last raid state var bool hadRaidHigh = false var bool hadRaidLow = false if raidHigh hadRaidHigh := true if raidLow hadRaidLow := true bosDown = hadRaidHigh and cl < sl bosUp = hadRaidLow and cl > sh // reset after BOS if bosDown hadRaidHigh := false if bosUp hadRaidLow := false // === Apply on H1 only first (test) === = f_crt("60") // === Plot === plotshape(raidHigh, title="Raid High", style=shape.diamond, color=color.red, size=size.small, text="Raid High") plotshape(raidLow, title="Raid Low", style=shape.diamond, color=color.green, size=size.small, text="Raid Low") plotshape(bosDown, title="Bearish CRT", style=shape.triangledown, color=color.red, size=size.large, text="CRT↓") plotshape(bosUp, title="Bullish CRT", style=shape.triangleup, color=color.green, size=size.large, text="CRT↑")
Pine Script® indicator
by ninodoteth
Block-Based Trend Breakout (YTK/DTK) – v1📌 Overview Block Trend Breakout (YTK/DTK) is a lightweight, rule-based indicator that detects potential trend reversals or volatility bursts by tracking breakouts of key structural support/resistance levels — derived from block-wise trend patterns. The logic is simple yet effective: if a trend has been confirmed across multiple blocks (custom-length bar groups), and the price breaks its own structural boundary, a potential reversal or volatility signal is triggered. 🟥 YTK (Uptrend Breakdown) → Price breaks below the lowest low of the most recent block in an uptrend. 🟩 DTK (Downtrend Breakout) → Price breaks above the highest high of the most recent block in a downtrend. 🔍 How It Works Block Construction: User-defined bar groups (e.g., 6 bars on a 4H chart = 24H blocks). Trend Validation: At least N consecutive blocks must show higher highs/lows (uptrend) or lower highs/lows (downtrend). Breakout Test: If the current bar violates the structural limit (MR block high/low), the corresponding signal is plotted. 📉 This logic identifies weakening trends or failed momentum, often preceding reversals or volatility expansions. ⚙️ Features Adjustable block size and trend confirmation count Option to use only closed bars (to reduce repaint risk) Inclusive mode for “<= / >=” logic Visual signals: MR Block high/low levels Trend-colored bars Arrows for YTK (🔻) and DTK (🔺) Built-in alerts for automated strategies 🎯 Use Cases Spotting fakeouts and false breakouts Identifying trend exhaustion before reversal Confirming structural support/resistance breaks Visual tool for discretionary traders Signal generator for automated systems 💬 Feedback & Contributions This script is open-source and community-driven. We actively welcome feedback, ideas, improvements, forks, and questions. 📩 Contact for collaboration or discussion: 📧 senbrke@gmail.com
Pine Script® indicator
by senbrke
Price Heat Meter [ChartPrime]⯁ OVERVIEW Price Heat Meter visualizes where price sits inside its recent range and turns that into an intuitive “temperature” read. Using rolling extremes, candles fade from ❄️ aqua (cold) near the lower bound to 🔥 red (hot) near the upper bound. The tool also trails recent extreme levels, tags unusually persistent extremes with a % “heat” label, and shows a bottom gauge (0–100%) with a live arrow so you can read market heat at a glance. ⯁ KEY FEATURES Rolling Heat Map (0–100%): The script measures where the close sits between the current Lowest Low and Highest High over the chosen Length (default 50). Candles use a two-stage gradient: aqua → yellow (0–50%), then yellow → red (50–100%). This makes “how stretched are we?” instantly visible. Dynamic Extremes with Time Decay: When a new rolling High or Low is set, the script starts a faint horizontal trail at that price. Each bar that passes without a new extreme increases a counter; the line’s color gradually fades over time and fully disappears after ~100 bars, keeping the chart clean. Persistent-Extreme Tags (Reversal Hints): If an extreme persists for 40 bars (i.e., price hasn’t reclaimed or surpassed it), the tool stamps the original extreme pivot with its recorded Heat% at the moment the extreme formed. • Upper extremes print a red % label (possible exhaustion/resistance context). • Lower extremes print an aqua % label (possible exhaustion/support context). Bottom Heat Gauge (0–100% Scale): A compact, gradient bar renders at the bottom center showing the current Heat% with an arrow/label. ❄️ anchors the left (0%), 🔥 anchors the right (100%). The arrow adopts the same candle heat color for consistency. Minimal Inputs, Clear Theme: • Length (lookback window for H/L) • Heat Color set (Cold / Mid / Hot) The defaults give a balanced, legible gradient on most assets/timeframes. Signal Hygiene by Design: The meter doesn’t “call” reversals. Instead, it contextualizes price within its range and highlights the aging of extremes. That keeps it robust across regimes and assets, and ideal as a confluence layer with your existing triggers. ⯁ HOW IT WORKS (UNDER THE HOOD) Range Model: H = Highest(High, Length), L = Lowest(Low, Length). Heat% = 100 × (Close − L) / (H − L). Extreme Tracking & Fade: When High == H , we record/update the current upper extreme; same for Low == L on the lower side. If the extreme doesn’t change on the next bar, a counter increments and the plotted line’s opacity shifts along a 0→100 fade scale (visual decay). 40-Bar Persistence Labels: On the bar after the extreme forms, the code stores the bar_index and the contemporaneous Heat% . If the extreme survives 40 bars, it places a % label at the original pivot price and index—flagging levels that were meaningfully “tested by time.” Unified Color Logic: Both candles and the gauge use the same two-stage gradient (Cold→Mid, then Mid→Hot), so your eye reads “heat” consistently across all elements. ⯁ USAGE Treat >80% as “hot” and <20% as “cold” context; combine with your trigger (e.g., structure, OB, div, breakouts) instead of acting on heat alone. Watch persistent extreme labels (40-bar marks) as reference zones for reaction or liquidity grabs. Use the fading extreme lines as a memory map of where price last stretched—levels that slowly matter less as they decay. Tighten Length for intraday sensitivity or increase it for swing stability. ⯁ WHY IT’S UNIQUE Rather than another oscillator, Price Heat Meter translates simple market geometry (rolling extremes) into a readable temperature layer with time-aware extremes and a synchronized gauge . You get a continuously updated sense of stretch, persistence, and potential reversal context—without clutter or overfitting.
Pine Script® indicator
by ChartPrime
8
Script_Algo - High Low Range MA Crossover Strategy🎯 Core Concept This strategy uses modified moving averages crossover, built on maximum and minimum prices, to determine entry and exit points in the market. A key advantage of this strategy is that it avoids most false signals in trendless conditions, which is characteristic of traditional moving average crossover strategies. This makes it possible to improve the risk/reward ratio and, consequently, the strategy's profitability. 📊 How the Strategy Works Main Mechanism The strategy builds 4 moving averages: Two senior MAs (on high and low) with a longer period Two junior MAs (on high and low) with a shorter period Buy signal 🟢: when the junior MA of lows crosses above the senior MA of highs Sell signal 🔴: when the junior MA of highs crosses below the senior MA of lows As seen on the chart, it was potentially possible to make 9X on the WIFUSDT cryptocurrency pair in just a year and a half. However, be careful—such results may not necessarily be repeated in the future. Special Feature Position closing priority ❗: if an opposite signal arrives while a position is open, the strategy first closes the current position and only then opens a new one ⚙️ Indicator Settings Available Moving Average Types EMA - Exponential MA SMA - Simple MA SSMA - Smoothed MA WMA - Weighted MA VWMA - Volume Weighted MA RMA - Adaptive MA DEMA - Double EMA TEMA - Triple EMA Adjustable Parameters Senior MA Length - period for long-term moving averages Junior MA Length - period for short-term moving averages ✅ Advantages of the Strategy 🛡️ False Signal Protection - using two pairs of modified MAs reduces the number of false entries 🔄 Configuration Flexibility - ability to choose MA type and calculation periods ⚡ Automatic Switching - the strategy automatically closes the current position when receiving an opposite signal 📈 Visual Clarity - all MAs are displayed on the chart in different colors ⚠️ Disadvantages and Risks 📉 Signal Lag - like all MA-based strategies, it may provide delayed signals during sharp movements 🔁 Frequent Switching - in sideways markets, it may lead to multiple consecutive position openings/closings 📊 Requires Optimization - optimal parameters need to be selected for different instruments and timeframes 💡 Usage Recommendations Backtest - test the strategy's performance on historical data Optimize Parameters - select MA periods suitable for the specific trading instrument Use Filters - add additional filters to confirm signals Manage Risks - always use stop-loss and take-profit orders. You can safely connect to the exchange via webhook and enjoy trading. Good luck and profits to everyone!!
Pine Script® strategy
by Script_Algo
VSA Highlight & Relative Strength of Volume [odnac]This is a TradingView indicator combining VSA (Volume Spread Analysis) signals with a relative strength of volume visualization. The indicator has two main parts: 1. VSA Volume Highlight: Detects common VSA signals, including Stopping Volume, Buying Climax, No Supply, No Demand, Test, Up-thrust, Shakeout, Demand Absorption, and Supply Absorption. Supports a trend filter using a user-selectable moving average type (SMA, EMA, WMA, or VWMA) and length. Calculates spread and volume moving averages to determine wide/narrow spreads and high/low volume relative to the averages. Determines relative bar positions (close near high, close near low, or mid-close) to categorize VSA signals. Optionally colors the background based on the detected VSA signal. Supports alerts for each VSA signal type. 2. Relative Strength of Volume: Splits total volume into buying and selling components based on the candle’s high, low, and close. Buying volume is calculated as volume times the proportion of the candle’s close above the low. Selling volume is calculated as volume times the proportion of the candle’s close below the high. Plots buying and selling volume as colored columns in the pane. Plots total volume in the status line colored according to the dominant side (buying or selling). Inputs include: Toggle visibility for each VSA signal. Trend filter options (type and length). Volume and spread moving average lengths and multipliers for high/low volume and wide/narrow spread detection. Thresholds for close positions near high or low, and for identifying Buying Climax. Opacity for VSA volume highlights. The indicator is designed to help traders visually identify key volume patterns and analyze buying and selling pressure in the market.
Pine Script® indicator
by odnac
RTH Levels: VWAP + PDH/PDL + ONH/ONL + IBAlgo Index — Levels Pro (ONH/ONL • PDH/PDL • VWAP±Bands • IB • Gaps) Purpose. A session-aware, non-repainting levels tool for intraday decision-making. Designed for futures and indices, with clean visuals, alerts, and a one-click Minimal Mode for screenshot-ready charts. What it plots • PDH/PDL (RTH-only) – Prior Regular Trading Hours high/low, computed intraday and frozen at the RTH close (no 24h mix-ups, no repainting). • ONH/ONL – Prior Overnight high/low, held throughout RTH. • RTH VWAP with ±σ bands – Volume-weighted variance, reset each RTH. • Initial Balance (IB) – First N minutes of RTH, plus 1.5× / 2.0× extensions after IB completes. • Today’s RTH Open & Prior RTH Close – With gap detection and “gap filled” alert. • Killzone shading – NY Open (09:30–10:30 ET) and Lunch (11:15–13:30 ET). • Values panel (top-right) – Each level with live distance in points & ticks. • Right-edge level tags – With anti-overlap (stagger + vertical jitter). • Price-scale tags – Native trackprice markers that always “stick” to the axis. ⸻ New in v6.4 • Minimal Mode: one click for a clean look (thinner lines, VWAP bands/IB extensions hidden, on-chart right-edge labels off; price-scale tags remain). • Theme presets: Dark Hi-Contrast / Light Minimal / Futures Classic / Muted Dark. • Anti-overlap controls: horizontal staggering, vertical jitter, and baseline offset to keep tags readable even when levels cluster. ⸻ Quick start (2 minutes) 1. Add to chart → keep defaults. 2. Sessions (ET): • RTH Session default: 09:30–16:00 (US equities cash hours). • Overnight Session default: 18:00–09:29. Adjust for your market if you use different “day” hours (e.g., many use 08:20–13:30 ET for COMEX Gold). 3. Theme & Minimal Mode: pick a Theme Preset; enable Minimal Mode for screenshots. 4. Visibility: toggle PD/ON/VWAP/IB/References/Panel to taste. 5. Right-edge labels: turn Show Right-Edge Labels on. If they crowd, tune: • Anti-overlap: min separation (ticks) • Horizontal offset per tag (bars) • Vertical jitter per step (ticks) • Right-edge baseline offset (bars) 6. Alerts: open Add alert → Condition: and pick the events you want. ⸻ How levels are computed (no repainting) • PDH/PDL: Intraday H/L are accumulated only while in RTH and saved at RTH close for “yesterday’s” values. • ONH/ONL: Accumulated across the defined Overnight window and then held during RTH. • RTH VWAP & ±σ: Volume-weighted mean and standard deviation, reset at the RTH open. • IB: First N minutes of RTH (default 60). Extensions (1.5×/2.0×) appear after IB completes. • Gaps: Today’s RTH open vs prior RTH close; “Gap Filled” triggers when price trades back to prior close. ⸻ Practical playbooks (how to trade around the levels) 1) PDH/PDL interactions • Rejection: Price taps PDH/PDL then closes back inside → mean-reversion toward VWAP/IB. • Acceptance: Close/hold beyond PDH/PDL with momentum → continuation to next HTF/IB target. • Alert: PD Touch/Break. 2) ONH/ONL “taken” • Often one ON extreme is taken during RTH. ONH Taken / ONL Taken → check if it’s a clean break or sweep & reclaim. • Sweep + reclaim near VWAP can fuel rotations through the ON range. 3) VWAP ±σ framework • Balanced: First tag of ±1σ often reverts toward VWAP. • Trend: Persistent trade beyond ±1σ + IB break → target ±2σ/±3σ. • Alerts: VWAP Cross and VWAP Reject (cross then immediate fail back). 4) IB breaks • After IB completes, a clean IB break commonly targets 1.5× and sometimes 2.0×. • Quick return inside IB = possible fade back to the opposite IB edge/VWAP. • Alerts: IB Break Up / Down. 5) Gaps • Gap-and-go: Opening drive away from prior close + VWAP support → trend until IB completion. • Gap-fill: Weak open and VWAP overhead/underfoot → trade toward prior close; manage on Gap Filled alert. Pro tip: Stack confluences (e.g., ONL sweep + VWAP reclaim + IB hold) and respect your execution rules (e.g., require a 5-minute close in direction, or your order-flow confirmation). ⸻ Inputs you’ll actually touch • Sessions (ET): Session Timezone, RTH Session, Overnight Session. • Visibility: toggles for PD/ON/VWAP/IB/Ref/Panel. • VWAP bands: set σ multipliers (±1/±2/±3). • IB: duration (minutes) and extension multipliers (1.5× / 2.0×). • Style & Theme: Theme Preset, Main Line Width, Trackprice, Minimal Mode, and anti-overlap controls. ⸻ Alerts included • PD Touch/Break — High ≥ PDH or Low ≤ PDL • ONH Taken / ONL Taken — First in-RTH take of ONH/ONL • VWAP Cross — Close crosses VWAP • VWAP Reject — Cross then immediate fail back • IB Break Up / Down — Break of IB High/Low after IB completes • Gap Filled — Price trades back to prior RTH close Setup: Add alert → Condition: Algo Index — Levels Pro → choose event → message → Notify on app/email. ⸻ Panel guide The top-right panel shows each level plus live distance from last price: LevelValue (Δpoints | Δticks) Coloring: green if level is below current price, red if above. ⸻ Styling & screenshot tips • Use Theme Preset that matches your chart. • For dark charts, “Dark Hi-Contrast” with Main Line Width = 3 works well. • Enable Trackprice for crisp axis tags that always stick to the right edge. • Turn on Minimal Mode for cleaner screenshots (no VWAP bands or IB extensions, on-chart tags off; price-scale tags remain). • If tags crowd, increase min separation (ticks) to 30–60 and horizontal offset to 3–5; add vertical jitter (4–12 ticks) and/or push tags farther right with baseline offset (bars). ⸻ Behavior & limitations • Levels are computed incrementally; tables refresh on the last bar for efficiency. • Right-edge labels are placed at bar_index + offset and do not track extra right-margin scrolling (TradingView limitation). The price-scale tags (from trackprice) do track the axis. • “RTH” is what you define in inputs. If your market uses different day hours, change the session strings so PDH/PDL reflect your definition of “yesterday’s session.” ⸻ FAQ Q: My PDH/PDL don’t match the daily chart. A: By design this uses RTH-only highs/lows, not 24h daily bars. Adjust sessions if you want a different definition. Q: Right-edge tags overlap or don’t sit at the far right. A: Increase min separation / horizontal offset / vertical jitter and/or push tags farther with baseline offset. If you want markers that always hug the axis, rely on Trackprice. Q: Can I change killzones? A: Yes—edit the session strings in settings or request a version with user inputs for custom windows. ⸻ Disclaimer Educational use only. This is not financial advice. Always apply your own risk management and confirmation rules. ⸻ Enjoy it? Please ⭐ the script and share screenshots using Minimal Mode + a Theme Preset that fits your style.
Pine Script® indicator
by MyAlgoIndex
30
Malama's KAYCAP Pre-Market Box# Pre-Market Single Candle Range Box ## What Makes This Script Original While many scripts plot entire pre-market session ranges, this indicator focuses specifically on **a single user-defined candle** within the pre-market period rather than the entire session. This targeted approach allows traders to isolate the most relevant price action from a specific time (default: 4:00 AM EST) that often establishes key levels for the trading day. ## Core Methodology & Technical Implementation **Single Candle Isolation:** - Captures OHLC data from one specific minute within pre-market hours (user configurable) - Differentiates between the candle's body (open/close range) and wicks (high/low extremes) - Creates four distinct reference levels instead of traditional session high/low boxes **Dual Box Structure:** - **Inner Box (Body):** Plots the range between open and close prices of the target candle - **Outer Boundaries:** Separately plots the high and low of that same candle - **Visual Differentiation:** Uses different colors and line weights to distinguish body vs. wick levels **Time-Specific Logic:** The script uses precise time matching (`hour == boxHour and minute == boxMinute`) to capture data from exactly one candle, rather than aggregating an entire session. This creates four specific price levels: - Box Top: Higher of open/close (body boundary) - Box Bottom: Lower of open/close (body boundary) - Box High: Candle high (wick extreme) - Box Low: Candle low (wick extreme) ## Why This Approach Differs from Standard Session Boxes **vs. Full Session Ranges:** Focuses on a single critical minute rather than entire pre-market period **vs. Traditional S/R:** Creates both body and wick levels from one specific candle **vs. Opening Range:** Uses pre-market data rather than regular session opening minutes ## Practical Application The 4:00 AM EST default targets a time when institutional pre-market activity often establishes initial sentiment and key levels. By isolating this specific candle's range: - **Body levels** often act as initial support/resistance during regular hours - **Wick extremes** provide broader range boundaries for breakout analysis - **Precise timing** allows focus on the most statistically relevant pre-market moment ## Technical Considerations - Requires intraday timeframes (1-minute recommended) to capture specific candle data - Time settings should match your broker's timezone for accurate candle selection - Works best on liquid instruments where pre-market activity is meaningful - The selected candle must exist in your data feed for the levels to plot ## Customization Options All timing parameters are adjustable: - Target candle hour and minute - Pre-market session definition (for context) - Visual styling for all four level types This focused approach provides more granular analysis than broad session ranges while maintaining simplicity in execution.
Pine Script® indicator
by makenlegacy
GrayZone Sniper [CHE] — Breakout Validation System GrayZone Sniper — Breakout Validation System Trade only the clean breakouts. Detect the sideways “gray zone,” wait for a confirmed breach, and act only when momentum (TFRSI) and range expansion (Mean Deviation) align. Clear long/short triggers, one-shot exit signals, and persistent levels keep your manual trading disciplined and repeatable. Why it boosts manual trading * No guesswork: Grey box marks consolidation; you trade the validated break. * Fewer fakeouts: Triggers require momentum + volatility—not just a wick through a level. * Rules > bias: Optional close-only signals stop intrabar noise. * Built-in exits: One-shot LS/SS (Long/Short Stop) when conditions degrade. * Actionable visuals: Gray-zone boxes, persistent highs/lows, and a smooth T3 trendline. What it does (short + precise) 1. Maps consolidation as a gray box (running high/low while state is neutral). 2. Validates breakouts only when: * Mean Deviation filter says current range expands vs. its own baseline, and * TFRSI momentum is above 50 + deadzone (long) or below 50 − deadzone (short), and * Price closes beyond the last gray high/low (optional close-only). → You get L (long) or S (short). 3. Manages exits with a smooth T3 trendline plus MD trend: when MD weakens and T3 turns against the prior side, you get a single LS/SS stop signal. 4. Extends structure: Last gray-zone H/L can persist as right-extended levels for retests/targets. 5. Ready for alerts: Prebuilt alert conditions for L, S, LS, SS. Signals at a glance * L – Long Trigger (validated breakout up) * S – Short Trigger (validated breakout down) * LS – Long Stop (exit hint for open long) * SS – Short Stop (exit hint for open short) Why TFRSI + Mean Deviation is a killer combo They measure different, complementary things—and that reduces correlated errors. * Mean Deviation (MD) = range expansion filter. It checks whether current absolute deviation of Typical Price from its SMA (|TP − SMA(TP)|) is greater than its own historical mean deviation baseline. In plain English: *is the market actually moving beyond its usual wiggle?* If not, most breakouts are noise. * TFRSI = directional momentum around a 50 baseline, normalized and smoothed to react fast while avoiding raw RSI twitchiness. * Synergy: * MD confirms there’s energy (volatility regime has expanded). * TFRSI confirms where that energy points (bull or bear). * Requiring both gives you high-quality, directional expansion—the exact condition that tends to produce follow-through, while filtering the classic “thin break, immediate snap-back.” Result: Fewer trades, better quality. You skip most range breaks without momentum or momentum pops without real expansion. Inputs & Functions (clean overview) Core: TFRSI & MD * TFRSI Length (`tfrsiLen`, default 6): Longer = smoother, slower. * TFRSI Smoothing (`tfrsiSignalLen`, default 2): SMA on TFRSI for cleaner signals. * Mean Deviation Period (`mdLen`, default 20): Baseline for expansion filter. * Use classical MD (`useTaDev`, default off): * Off: MD vs current SMA (warning-free internal baseline). * On: Classical `ta.dev` implementation. * TFRSI Deadzone ± around 50 (`tfrsiDeadzone`, default 1.0): Wider deadzone = stricter momentum confirmation (less chop). Triggers & Logic * Trigger only on bar close (`fireOnCloseOnly`, default on): Confirmed signals only; no intrabar flicker. * Reset gray bounds after trigger (`resetGrayBoundsAfterTrigger`, default on): Clears last gray H/L once a trade triggers. * Auto-deactivate on neutral (`autoDeactivateOnNeutral`, default off): Strict disarm when state flips back to neutral. Gray-Zone Boxes * Show boxes (`showGrayBoxes`, default on): Draws the neutral consolidation box. * Max boxes (`maxGrayBoxes`, default 10): How many historic boxes to keep. * Transparency (`boxFillTransp`/`boxBorderTransp`, defaults 85/30): Visual tuning. Trendline (T3) * T3 Length (`t3Length`, default 3): Smoothing depth (higher = smoother). * T3 Volume Factor (`t3VolumeFactor`, default 0.7): Controls responsiveness of the T3 curve. Persistent Levels * Persist gray H/L (`saveGrayLevels`, default on): Extend last gray high/low to the right. * Max saved level pairs (`maxSavedGrayLvls`, default 1): How many H/L pairs to keep. * Reset levels on trigger (`resetLevelsOnTrig`, default off): Clean slate after new trigger. Debug & Visuals * Show debug markers (`showDebugMarkers`, default on): Display L/S/LS/SS in the pane. * Show legend (`showLegend`, default on): Compact legend (top-right). How to trade it (practical) 1. Keep close-only on. Let the market finish the candle. 2. Wait for a clean gray box. Let the range define itself. 3. Take only L/S triggers where MD filter passes and TFRSI confirms. 4. Use persistent levels for retests/partials/targets. 5. Respect LS/SS. When expansion fades and T3 turns, exit without debate. Tuning tips: * More chop? Increase `tfrsiDeadzone` or `mdLen`. * Want faster entries? Slightly reduce `t3Length` or deadzone, but expect more noise. * Works across assets/timeframes (crypto/FX/indices/equities). Bottom line GrayZone Sniper enforces a simple, robust rule: Don’t touch the market until it breaks a defined range with real expansion and aligned momentum. That’s why TFRSI + Mean Deviation is hard to beat—and why your manual breakout trades get cleaner, calmer, and more consistent. Disclaimer: The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved. By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk. Enhance your trading precision and confidence with Triple Power Stop (CHE)! 🚀 Happy trading Chervolino
Pine Script® indicator
by chervolino
2
TOTAL3ES/ETH Mean ReversionTOTAL3ES/ETH Mean Reversion Indicator Overview The TOTAL3ES/ETH Mean Reversion indicator is a specialized tool designed exclusively for analyzing the ratio between TOTAL3 excluding stablecoins (TOTAL3ES) and Ethereum's market capitalization. This ratio provides crucial insights into the relative performance and valuation cycles between altcoins and ETH, making it an essential tool for cryptocurrency portfolio allocation and market timing decisions. What This Indicator Measures This indicator tracks the market cap ratio of all altcoins (excluding ETH and stablecoins) to Ethereum's market cap. When the ratio is: Above 1.0 (Parity): Altcoins have a larger combined market cap than ETH Below 1.0 (Parity): ETH's market cap exceeds the combined altcoin market cap Key Features Historical Context Historical Range: 0.64 (July 2017 low) to 3.49 (all-time high) Midpoint: 2.065 - the mathematical center of the historical range Parity Line: 1.0 - the psychological level where altcoins = ETH market cap Mean Reversion Zones The indicator identifies extreme valuation zones based on historical data: Upper Extreme Zone (~2.92 at 80% threshold): Suggests altcoins may be overvalued relative to ETH Lower Extreme Zone (~1.21 at 80% threshold): Suggests altcoins may be undervalued relative to ETH Visual Elements Color-coded zones: Red shading for bearish reversion areas, green for bullish reversion areas Multiple reference lines: Parity, midpoint, and historical extremes Information table: Real-time metrics including current ratio, range position, and reversion pressure Customizable display: Toggle zones, lines, and adjust transparency How to Use This Indicator Market Cycle Analysis Extreme High Zone (Red): When ratio enters this zone, consider potential ETH outperformance Extreme Low Zone (Green): When ratio enters this zone, consider potential altcoin season Parity Crossovers: Monitor when ratio crosses above/below 1.0 for sentiment shifts Portfolio Allocation Signals High Ratio Values: May indicate overextended altcoin valuations relative to ETH Low Ratio Values: May suggest undervalued altcoins relative to ETH Midpoint Reversions: Historical tendency to revert toward the 2.065 midpoint Alert Conditions The indicator includes built-in alerts for: Entering extreme high/low zones Parity crossovers (above/below 1.0) Mean reversion signals Input Parameters Display Settings Show Reversion Zones: Toggle colored extreme zones on/off Show Midpoint: Display the historical midpoint line Show Parity Line: Show the 1.0 parity reference line Zone Transparency: Adjust shaded area opacity (70-95%) Calculation Settings Reversion Strength Period: Moving average period for reversion calculations (10-50) Extreme Threshold: Percentage of historical range defining extreme zones (0.5-1.0) Information Table Metrics The bottom-right table displays: Current Ratio: Live TOTAL3ES/ETH value Range Position: Current position within historical range (%) From Parity: Distance from 1.0 parity level (%) Reversion Pressure: Intensity of mean reversion forces (%) Zone: Current market zone classification Historical Range: Reference boundaries (0.64 - 3.49) Midpoint: Historical center value Important Notes Chart Compatibility Exclusively designed for CRYPTOCAP:TOTAL3ES/CRYPTOCAP:ETH Built-in validation ensures proper chart usage Will display error message if applied to incorrect charts Trading Considerations This is an analytical tool, not trading advice Mean reversion is a tendency, not a guarantee Consider multiple timeframes and confirmations Factor in overall market conditions and trends Risk Disclaimer Past performance does not guarantee future results. Cryptocurrency markets are highly volatile and unpredictable. Always conduct your own research and consider your risk tolerance before making investment decisions. Ideal Use Cases Portfolio rebalancing between ETH and altcoins Market cycle timing for position adjustments Sentiment analysis of crypto market phases Long-term allocation strategies based on historical patterns Risk management through extreme zone identification This indicator serves as a quantitative framework for understanding the cyclical relationship between Ethereum and the broader altcoin market, helping traders and investors make more informed allocation decisions based on historical valuation patterns.ons - Factor in overall market conditions and trends ### Risk Disclaimer Past performance does not guarantee future results. Cryptocurrency markets are highly volatile and unpredictable. Always conduct your own research and consider your risk tolerance before making investment decisions.
Pine Script® indicator
by LabOfCrypto
10
ACR(Average Candle Range) With TargetsWhat is ACR? The Average Candle Range (ACR) is a custom volatility metric that calculates the mean distance between the high and low of a set number of past candles. ACR focuses only on the actual candle range (high - low) of specific past candles on a chosen timeframe. This script calculates and visualizes the Average Candle Range (ACR) over a user-defined number of candles on a custom timeframe. It displays a table of recent range values, plots dynamic bullish and bearish target levels, and marks the start of each new candle with a vertical line. All calculations update in real time as price action develops. This script was inspired by the “ICT ADR Levels - Judas x Daily Range Meter°” by toodegrees. Key Features Custom Timeframe Selection: Choose any timeframe (e.g., 1D, 4H, 15m) for analysis. User-Defined Lookback: Calculate the average range across 1 to 10 previous candles. Dynamic Targets: Bullish Target: Current candle low + ACR. Bearish Target: Current candle high – ACR. Live Updates: Targets adjust intrabar as highs or lows change during the current candle. Candle Start Markers: Vertical lines denote the open of each new candle on the selected timeframe. Floating Range Table: Displays the current ACR value. Lists individual ranges for the previous five candles. Extend Target Lines: Choose to extend bullish and bearish target levels fully across the screen. Global Visibility Controls: Toggle on/off all visual elements (targets, vertical lines, and table) for a cleaner view. How It Works At each new candle on the user-selected timeframe, the script: Draws a vertical line at the candle’s open. Recalculates the ACR based on the inputted previous number of candles. Plots target levels using the current candle's developing high and low values. Limitation Once the price has already moved a full ACR in the opposite direction from your intended trade, the associated target loses its practical value. For example, if you intended to trade long but the bearish ACR target is hit first, the bullish target is no longer a reliable reference for that session. Use Case This tool is designed for traders who: Want to visualize the average movement range of candles over time. Use higher or lower timeframe candles as structural anchors. Require real-time range-based price levels for intraday or swing decision-making. This script does not generate entry or exit signals. Instead, it supports range awareness and target projection based on historical candle behavior. Key Difference from Similar Tools While this script was inspired by “ICT ADR Levels - Judas x Daily Range Meter°” by toodegrees, it introduces a major enhancement: the ability to customize the timeframe used for calculating the range. Most ADR or candle-range tools are locked to a single timeframe (e.g., daily), but this version gives traders full control over the analysis window. This makes it adaptable to a wide range of strategies, including intraday and swing trading, across any market or asset.
Pine Script® indicator
by marvelouss25
1
Fibonacci-Based Volume Flow (VFI)Fibonacci-based Volume Flow is an advanced next-generation evolution of LazyBear’s original VFI script that calculates and averages up to 21 Fibonacci-based VFI pairings to create a smoothed composite volume flow signal. This unique and powerful approach reduces noise, adapts to volatility, and provides a clearer view of trend strength and market structure across all timeframes. It also includes dynamic fibonacci guide levels, adaptive lookbacks, EMA crossovers, and structure-aware pivot labeling to help traders identify high-quality reversals, confirm directional bias, and detect divergences with greater precision. It's ideal for traders looking to enhance momentum analysis through volume-based confirmation. 🧠 Key Features🧠 🔹 Multi-VFI Fibonacci Fusion🔹 Blends up to 21 VFI signals (5, 13, 21, 34… up to 610) into smartly paired averages (e.g., 13/34, 55/144) — forming a smoothed composite VFI that’s more adaptive, less noisy, and highly responsive across market conditions. 🔸🔸 Dynamic Lookbacks🔸 🔸 Automatically adjusts histogram high/low tracking based on your chart’s timeframe — no more static tuning. Perfect for scalping fast charts or confirming long-term trends. 🟥🟩 Color-Coded Histogram🟥🟩 Visualizes VFI momentum with gradient coloring. 🧩🧩 Signal Crossovers 🧩🧩 Color-coded crossover lines persistently show bullish or bearish dominance. Includes three powerful crossover systems: ➖5/13 VFI: Fast, early reversal detection ➖8/21 VFI: Swing-trading sweet spot ➖55/144 VFI: Trend confirmation across long cycles 🏷️ 🏷️Pivot Structure Labels🏷️🏷️ Labels oscillator swings with full structural logic: ➖HH, HL, LH, LL, EQ ➖Displays percent change, price at pivot, oscillator reading ➖Smart coloring detects divergence & trend continuation 📈 📈Dynamic Histogram Guides📈📈 Optional zero and ±50% bands anchor histogram levels based on real histogram extremes, not static thresholds — visually frame momentum shifts with context. 📍 📍Persistent High/Low Pivot Lines📍📍 Track the most significant histogram pivots (not price) across time, with smart labels: ➖Volume flow structure zones ➖Label shows price at pivot, oscillator level, and bars since event ➖Ideal for spotting divergence zones, momentum failures, and trend exhaustion. 🔍 🔍Volatility Table (ATR%)🔍🔍 💡Shows real-time volatility compression or expansion 💡Uses multiple ATR periods (e.g., 14 & 55) for short- and medium-term comparison 💡Helps traders understand whether momentum is likely to continue or stall 🔩🔩Volume-weighted VFI baselines🔩🔩 🟢A daily session-based VWAP of the VFI, which resets each day and highlights intraday volume flow context. 🟠A rolling VWA of VFI, which acts like a VWMA over a fixed window (e.g., 55 bars), smoothing short-term fluctuations and supporting trend/momentum confirmation. These VWAP-style overlays help traders identify strength vs. weakness relative to volume-weighted baselines — useful for divergence spotting, mean reversion setups, or breakout confirmation. 🧰 🧰Under the Hood: How It Works🧰🧰 🔧 Core VFI Logic Based on LazyBear’s foundational VFI: ➖Uses log returns of price (HLC3) ➖Filters insignificant moves using volatility-weighted thresholds ➖Normalizes volume via adaptive capping (e.g., 2.5× average) 🌀 Composite Blend System Each VFI instance is smoothed and then fused via user-selectable pairs. This creates a customizable average VFI representing short, mid, and long-term pressure — one value, many time horizons. 📊 EMA Signal Layer Crosses trigger persistent color shifts in signal lines, making trend strength clear at a glance. VFI blend feeds into EMA crossovers. You can toggle visibility for: ➖Fast (5/13) ➖Medium (8/21) ➖Slow (55/144) 🧭 Pivot Framework Structure logic only compares pivots on same-side polarity: ➖Highs compare to highs above zero ➖Lows compare to lows below zero This avoids nonsensical comparisons and preserves logical sequences (HH → LH → HL). 🧱 Dynamic Labels All pivots and persistent levels display: ➖Oscillator value ➖Price value ➖Structure tag (e.g., LH, HL) ➖% change from prior pivot ➖Lookback info ➖Bar age Unlike traditional VFI: ✅ It blends timeframes with Fibonacci precision ✅ Uses dynamic, volatility-aware logic ✅ Embeds visual structure & divergence intelligence ✅ Enhances entry confidence and exit timing 🔧 This isn’t just an indicator — it’s a volume-informed decision engine. Ideal For: 🔶Trend-followers wanting cleaner volume-based confirmation 🔶Reversal traders spotting structure + divergence 🔶Scalpers or investors needing adaptable signals 🔶Those who loved LazyBear's VFI 📌 Final Note: As powerful as Fibonacci Blended Volume Flow is, no single indicator should be used in isolation. For best results, combine it with price action analysis, higher-timeframe context, and complementary tools like trendlines, moving averages, or support/resistance levels. Use it as part of a well-rounded trading approach to confirm setups — not to define them alone.
Pine Script® indicator
by MYNAMEISBRANDON
Candle Channel█ OVERVIEW The "Candle Channel" indicator is a versatile technical analysis tool that plots a price channel based on the Simple Moving Average (SMA) of candlestick midpoints. The channel bands, calculated based on candlestick volatility, form dynamic support and resistance levels that adapt to price movements. The script generates signals for reversals from the bands and SMA breakouts, making it useful for both short-term and long-term traders. By adjusting the SMA length, the channel can vary in nature—from a wide channel encapsulating price movement to narrower support/resistance or trend-following bands. The channel width can be further customized using a scaling parameter, allowing adaptation to different trading styles and markets. █ MECHANISM Band Calculation The indicator is based on the following calculations: Candlestick Midpoint: Calculated as the arithmetic average of the candle’s high and low prices: (high + low) / 2. Simple Moving Average (SMA): The average of candlestick midpoints over a specified length (default: 20 candles), forming the channel’s centerline. Average Candle Height: Calculated as the average difference between the high and low prices (high - low) over the same SMA length, serving as a measure of market volatility. Band Scaling: The user specifies a percentage of the average candle height (default: 200%), which is multiplied by the average height to create an offset. The upper band is SMA + offset, and the lower band is SMA - offset.Example: For an average candle height of 10 points and 200% scaling, the offset is 20 points, meaning the bands are ±20 points from the SMA. Channel Characteristics: The SMA length determines the channel’s dynamics. Shorter SMA values (10–30) create a wide channel that contains price movement, ideal for scalping or short-term trading. Longer SMA values (above 30, e.g., 50–100) transform the channel into narrower support/resistance or trend-following bands, suitable for longer-term analysis. Band scaling further adjusts the channel width to match market volatility. Signals Reversal from Bands: Signals are generated when the price closes outside the band (above the upper or below the lower) and then returns to the channel, indicating a potential trend reversal. SMA Breakout: Signals are generated when the price crosses the SMA upward (bullish signal) or downward (bearish signal), suggesting potential trend changes. Visualization Centerline: The SMA of candlestick midpoints, displayed as a thin line. Channel Bands: Upper and lower channel boundaries, with customizable colors. Fill: Options include a gradient (smooth color transition between bands) or solid color. The fill can also be disabled for greater clarity. █ FEATURES AND SETTINGS SMA Length: Determines the moving average period (default: 20). Values of 10–30 are suitable for a wide channel containing price movement, ideal for short-term timeframes. Longer values (e.g., 50–100) create narrower support/resistance or trend-following bands, better suited for higher timeframes. Band Scaling: Percentage of the average candle height (default: 200%). Adjusts the channel width to match market volatility—smaller values (e.g., 50–100%) for narrower bands, larger values (e.g., 200–300%) for wider channels. Fill Type: Gradient, solid, or no fill, allowing customization to user preferences. Colors: Options to change the colors of bands, fill, and signals for better readability. Signals: Options to enable/disable reversal signals from bands and SMA breakout signals. █ HOW TO USE Add the script to your chart in TradingView by clicking "Add to Chart" in the Pine Editor. Adjust input parameters in the script settings: SMA Length: Set to 10–30 for a wide channel containing price movement, suitable for scalping or short-term trading. Set above 30 (e.g., 50–100) for narrower support/resistance or trend-following bands. Band Scaling: Adjust the channel width to market volatility. Smaller values (50–100%) for tighter support/resistance bands, larger values (200–300%) for wider channels containing price movement. Fill Type and Colors: Choose a gradient for aesthetics or a solid fill for clarity. Analyze signals: Reversal Signals: Triangles above (bearish) or below (bullish) candles indicate potential reversal points. SMA Breakout Signals: Circles above (bearish) or below (bullish) candles indicate trend changes. Test the indicator on different instruments and timeframes to find optimal settings for your trading style. █ LIMITATIONS The indicator may generate false signals in highly volatile or consolidating markets. On low-liquidity charts (e.g., exotic currency pairs), the bands may be less reliable. Effectiveness depends on properly matching parameters to the market and timeframe.
Pine Script® indicator
by Uncle_the_shooter
Smart Impulse Exhaustion Finder (ATR + ADX Filter)📌 Purpose This indicator detects potential exhaustion of strong bullish or bearish impulses at fresh swing highs/lows by combining multiple price action and volatility-based filters. 🧠 How It Works A signal is triggered only when all core conditions are satisfied: 1. Swing High/Low Detection Current high (or low) must be the highest (or lowest) over the last Extremum Lookback bars (default: 50). This ensures the move is significant relative to recent price action. 2. Impulse Confirmation Price must extend by at least 1 × ATR from the previous swing point. This filters out minor fluctuations. 3. Exhaustion Conditions (at least 2 out of 3 must be met) RSI Extreme: RSI > Overbought Level (default: 80) for bearish signals, RSI < Oversold Level (default: 20) for bullish signals. Volume Spike: Volume > SMA(Volume, Volume SMA Length) × Volume Spike Multiplier. Candle Wick Rejection: Upper wick ≥ Wick Threshold % for bearish setups, Lower wick ≥ Wick Threshold % for bullish setups. 4. Trend Filter ADX > ADX Threshold ensures the market is trending and filters out sideways conditions. 5. Candle Body Filter Candle body must be ≥ Body Size ATR Factor × ATR. This avoids weak signals from small candles or doji formations. 📈 How to Use Bearish Signal: Appears at fresh swing highs with exhaustion conditions met. Useful for tightening stops, taking partial profits, or counter-trend shorts. Bullish Signal: Appears at fresh swing lows with exhaustion conditions met. Useful for trailing stops, profit-taking, or counter-trend longs. Recommended Timeframes: Works best on 1h, 4h, and Daily charts. Markets: Crypto, Forex, Stocks — wherever volatility and trends are present. ⚙️ Inputs RSI Length / Overbought / Oversold Volume SMA Length & Volume Spike Multiplier Wick Threshold % Extremum Lookback (bars for highs/lows) ADX Length & Threshold Body Size ATR Factor ⚠️ Disclaimer This script is for educational purposes only and does not constitute financial advice. Always test thoroughly and apply proper risk management before live trading. 💡 Tip: Combine this tool with your own market context and confluence factors for higher probability setups.
Pine Script® indicator
by artemka3091
ATRWhat the Indicator Shows: A compact table with four cells is displayed in the bottom-left corner of the chart: | ATR | % | Level | Lvl+ATR | Explanation of the Columns: ATR — The averaged daily range (volatility) calculated with filtering of abnormal bars (extremely large or small daily candles are ignored). % — The percentage of the daily ATR that the price has already covered today (the difference between the daily Open and Close relative to ATR). Level — A custom user-defined level set through the indicator settings. Lvl+ATR — The sum of the daily ATR and the user-defined level. This can be used, for example, as a target or stop-loss reference. Color Highlighting of the "%" Cell: The background color of the "%" ATR cell changes depending on the value: ✅ If the value is less than 10% — the cell is green (market is calm, small movement). ➖ If the value is between 10% and 50% — no highlighting (average movement, no signal). 🟡 If the value is between 50% and 70% — the cell is yellow (movement is increasing, be alert). 🔴 If the value is above 70% — the cell is red (the market is actively moving, high volatility). Key Features: ✔ All ATR calculations and percentage progress are performed strictly based on daily data, regardless of the chart's current timeframe. ✔ The indicator is ideal for intraday traders who want to monitor daily volatility levels. ✔ The table always displays up-to-date information for quick decision-making. ✔ Filtering of abnormal bars makes ATR more stable and objective. What is Adaptive ATR in this Indicator: Instead of the classic ATR, which simply averages the true range, this indicator uses a custom algorithm: ✅ It analyzes daily bars over the past 100 days. ✅ Calculates the range High - Low for each bar. ✅ If the bar's range deviates too much from the average (more than 1.8 times higher or lower), the bar is considered abnormal and ignored. ✅ Only "normal" bars are included in the calculation. ✅ The average range of these normal bars is the adaptive ATR. Detailed Algorithm of the getAdaptiveATR() Function: The function takes the number of bars to include in the calculation (for example, 5): The average of the last 5 normal bars is calculated. pinescript Копировать Редактировать adaptiveATR = getAdaptiveATR(5) Step-by-Step Process: An empty array ranges is created to store the ranges. Daily bars with indices from 1 to 100 are iterated over. For each bar: 🔹 The daily High and Low with the required offset are loaded via request.security(). 🔹 The range High - Low is calculated. 🔹 The temporary average range of the current array is calculated. 🔹 The bar is checked for abnormality (too large or too small). 🔹 If the bar is normal or it's the first bar — its range is added to the array. Once the array accumulates the required number of bars (count), their average is calculated — this is the adaptive ATR. If it's not possible to accumulate the required number of bars — na is returned. Что показывает индикатор: На графике внизу слева отображается компактная таблица из четырех ячеек: ATR % Уровень Ур+ATR Пояснения к столбцам: ATR — усреднённый дневной диапазон (волатильность), рассчитанный с фильтрацией аномальных баров (слишком большие или маленькие дневные свечи игнорируются). % — процент дневного ATR, который уже "прошла" цена на текущий день (разница между открытием и закрытием относительно ATR). Уровень — пользовательский уровень, который задаётся вручную через настройки индикатора. Ур+ATR — сумма уровня и дневного ATR. Может использоваться, например, как ориентир для целей или стопов. Цветовая подсветка ячейки "%": Цвет фона ячейки с процентом ATR меняется в зависимости от значения: ✅ Если значение меньше 10% — ячейка зелёная (рынок пока спокоен, маленькое движение). ➖ Если значение от 10% до 50% — фон не подсвечивается (среднее движение, нет сигнала). 🟡 Если значение от 50% до 70% — ячейка жёлтая (движение усиливается, повышенное внимание). 🔴 Если значение выше 70% — ячейка красная (рынок активно движется, высокая волатильность). Особенности работы: ✔ Все расчёты ATR и процентного прохождения производятся исключительно по дневным данным, независимо от текущего таймфрейма графика. ✔ Индикатор подходит для трейдеров, которые торгуют внутри дня, но хотят ориентироваться на дневные уровни волатильности. ✔ В таблице всегда отображается актуальная информация для принятия быстрых торговых решений. ✔ Фильтрация аномальных баров делает ATR более устойчивым и объективным. Что такое адаптивный ATR в этом индикаторе Вместо классического ATR, который просто усредняет истинный диапазон, здесь используется собственный алгоритм: ✅ Он берет дневные бары за последние 100 дней. ✅ Для каждого из них рассчитывает диапазон High - Low. ✅ Если диапазон бара слишком сильно отличается от среднего (более чем в 1.8 раза больше или меньше), бар считается аномальным и игнорируется. ✅ Только нормальные бары попадают в расчёт. ✅ В итоге считается среднее из диапазонов этих нормальных баров — это и есть адаптивный ATR. Подробный алгоритм функции getAdaptiveATR() Функция принимает количество баров для расчёта (например, 5): Считается 5 последних нормальных баров pinescript Копировать Редактировать adaptiveATR = getAdaptiveATR(5) Пошагово: Создаётся пустой массив ranges для хранения диапазонов. Перебираются дневные бары с индексами от 1 до 100. Для каждого бара: 🔹 Через request.security() подгружаются дневные High и Low с нужным смещением. 🔹 Считается диапазон High - Low. 🔹 Считается временное среднее диапазона по текущему массиву. 🔹 Проверяется, не является ли бар аномальным (слишком большой или маленький). 🔹 Если бар нормальный или это самый первый бар — его диапазон добавляется в массив. Как только массив набирает заданное количество баров (count), берётся их среднее значение — это и есть адаптивный ATR. Если не удалось набрать нужное количество баров — возвращается na.
Pine Script® indicator
by otdailopatku
Rapid Candle PATTERNS V2.0Indicator Title: Rapid Candle Patterns - High-Probability Signals Description Tired of noisy charts filled with weak and ambiguous candlestick patterns? The Rapid Candle Patterns indicator is engineered to solve this problem by moving beyond simple textbook definitions. It identifies only high-probability reversal and continuation signals by focusing on the underlying market dynamics: momentum, liquidity, and confirmation. This is not just another pattern indicator; it's a professional-grade tool designed to help you spot truly significant price action events. How The Logic Works & Why It's More Accurate Each pattern in this script has been enhanced with stricter, more intelligent rules to filter out noise and reduce false signals. Here’s what makes our logic superior: 1. The Liquidity Grab Hammer & Inverted Hammer Standard Logic: A simple hammer shows a long lower wick, suggesting buyers pushed the price back up. Our Enhanced Logic: We don't just look for a hammer shape. Our signal is only valid if the hammer’s low takes out the low of the previous candle (a "liquidity grab" or "stop hunt"). Why It's More Accurate: This sequence is incredibly powerful. It shows that sellers attempted to push the market lower, triggered stop-loss orders below the prior low, and then were decisively overpowered by buyers who reversed the price. This isn't just a reversal; it's a failed breakdown, often trapping sellers and fueling a stronger move in the opposite direction. 2. The "True" Bullish & Bearish Harami Standard Logic: A small candle forms within the high-low range of the previous candle. This can often be misleading if the prior candle has long wicks and a tiny body. Our Enhanced Logic: We enforce a "dual containment" rule. For a Harami to be valid, its body must be contained within the body of the previous candle. We also ensure the Harami candle itself is not a Doji, meaning it must show some conviction. Why It's More Accurate: This ensures you are seeing a genuine and significant contraction in momentum. It filters out scenarios where a large-bodied candle forms inside the wicks of a doji-like candle, which is not a true Harami. Our logic captures the "pregnant" pattern as it was intended—a moment of quiet consolidation before a potential new move. 3. The "Power" Bullish & Bearish Engulfing Standard Logic: A candle's body engulfs the body of the previous candle. This is a common signal, but it often lacks follow-through. Our Enhanced Logic: Our "Power Engulfing" requires two conditions: (1) The body must engulf the prior candle's body, AND (2) the candle must close beyond the entire high/low range of the prior candle. Why It's More Accurate: This is the ultimate sign of confirmation. It doesn't just show that one side has won the battle for the session; it proves they had enough force to break the entire structure of the previous candle. This signifies immense momentum and dramatically increases the probability that the trend will continue in the direction of the engulfing candle. 4. The Quantified Doji Our Logic: Instead of being a subjective pattern, a Doji is defined quantitatively. It's a candle whose body is less than or equal to a user-defined percentage (default 9%) of its total range. Why It's More Accurate: It provides a consistent and objective measure of market indecision. Furthermore, any candle identified as a Doji is automatically disqualified from being a Hammer, ensuring clear and distinct signals. User Customization Toggle Patterns On/Off: Declutter your chart by only showing the patterns you want to see. Fine-Tune Logic: Use the "Pattern Logic" settings to adjust the sensitivity of the Doji and Harami detectors to perfectly match your trading style, asset, and timeframe. Disclaimer: This indicator is a powerful tool for identifying high-probability price action. However, no single indicator is a complete trading system. Always use these signals as part of a comprehensive strategy, combined with analysis of market structure, support/resistance levels, and other forms of confluence.
Pine Script® indicator
by nfsmohi
1
ICT IRL & ERL ZonesICT IRL & ERL Zones This indicator visualizes Internal Range Liquidity (IRL) and External Range Liquidity (ERL) levels, based on ICT (Inner Circle Trader) concepts. It's designed to help traders identify key liquidity zones that often act as magnet levels or reversal points in price action. 🔍 How It Works Lookback Range: The script analyzes the highest high and lowest low over a user-defined number of candles (default: 50). IRL (Internal Range Liquidity): Plots the highest high and lowest low within the lookback period. Represented as orange lines and a shaded zone. ERL (External Range Liquidity): Extends the IRL boundaries by a small buffer (50 ticks above/below). Visualizes zones where price may reach for liquidity beyond the current range. Plotted as a green (high) and red (low) line. ⚙️ Inputs Lookback Range: Number of candles to calculate the range (min 5). Show IRL: Toggle visibility for Internal Range Liquidity zone. Show ERL: Toggle visibility for External Range Liquidity buffer zone. 📊 Visual Elements IRL High/Low: Orange lines with fill to mark the main liquidity range. ERL High/Low: Green and red lines indicating potential liquidity sweep zones. Zone Fill: Light orange shading to visually emphasize the IRL area. 📈 Use Case Use this tool to: Identify areas where price might consolidate or reverse. Highlight likely zones of liquidity grabs before trend continuations or shifts. Enhance entry/exit decisions based on smart money concepts.
Pine Script® indicator
by ApostolFx
Volume Weighted Average Price Dynamic Slope [sgbpulse]VWAP Dynamic Slope: A Comprehensive Indicator for Trend Identification and Smart Trading Introducing VWAP Dynamic Slope, an innovative TradingView indicator that harnesses the power of Volume Weighted Average Price (VWAP) and enhances it with immediate visual feedback. The indicator colors the VWAP line based on its slope, allowing you to quickly and easily identify the direction and strength of the current trend for the asset, providing advanced tools for in-depth analysis. What is VWAP and Why is it so Important? VWAP (Volume Weighted Average Price) is an indicator that represents the average price at which an asset has traded, weighted by the volume traded at each price level. Unlike a simple moving average, VWAP gives greater weight to trades executed with high volume, making it a reliable measure of the asset's "true" or "fair" price within a given period. Many institutional traders use VWAP as a central reference point for evaluating the effectiveness of entries and exits. An asset trading above its VWAP is considered to have bullish momentum, and below it – bearish momentum. How it Works: Dynamic VWAP Slope Analysis VWAP Dynamic Slope analyzes the inclination of the VWAP line and displays it using an intuitive color scheme: Positive Slope (Uptrend): When the VWAP points upwards, signaling positive momentum, the default color will be green. Negative Slope (Downtrend): When the VWAP points downwards, signaling negative momentum, the default color will be orange. Trend Change (CHG): When a change in the VWAP's trend direction occurs, a "CHG" label will be displayed. The label's color will be green if the change is to an uptrend, and orange if the change is to a downtrend. Identifying Steep Slopes for Increased Momentum: The indicator's uniqueness lies in its ability to identify "steep" slopes – rapid and particularly strong changes in the VWAP's direction. This indicates exceptionally strong momentum: Steep Positive Slope: The VWAP color will change to dark green, indicating significant buying pressure. Steep Negative Slope: The VWAP color will change to dark red, indicating significant selling pressure. Dynamic Momentum Strength Label: In situations of steep slope (positive or negative), a dynamic label will be displayed with the change value of the VWAP at that point. This label allows you to monitor momentum strength, intensification, or weakening in real-time. Advanced Analytical Tools for Complete Control VWAP Dynamic Slope provides you with unprecedented flexibility through a variety of customizable tools: Multiple VWAP Anchors and Visual Marking: Common Time Anchors: Choose whether the VWAP resets at the beginning of each Session (daily), Week, Month, Quarter, Year, Decade, or Century. Advanced Intraday Anchors: Within the Session, you can choose to calculate VWAP specifically for Pre-Market, Regular Hours, and Post-Market hours. This option is particularly crucial for intraday traders. Important Event Anchors: The indicator allows for VWAP resets at significant milestones such as Earnings, Dividends, and Splits, for analyzing the market's immediate reaction. Visual Anchor Marking: To enhance clarity and orientation, a Label ⚓ can be displayed at each selected anchor point, helping to immediately identify the start point of the VWAP calculation in the chosen context. Customizable Bands (Up to Three on Each Side): Add up to three Bands above and below the VWAP to identify areas of deviation and excursion from the average price. You have two calculation options: Standard Deviation: Based on volatility and statistical distance from the VWAP. Percentage: Defines fixed percentage-based bands from the VWAP. Key Pre-Market Levels (Pre-Market High/Low): Display the Pre-Market High and Low levels as separate lines on the chart. These lines often serve as important psychological support and resistance zones, allowing you to see how the VWAP behaves near them. Full Customization and Precise Control: VWAP Source Selection: Determine which price data type will be used for the VWAP calculation. The default is HLC3 (average of High, Low, and Close), but any other relevant data source available in TradingView can be selected. Offset: Set an offset for the VWAP line, allowing you to shift it left or right on the time axis by a chosen number of bars. Customizable Colors: Choose your preferred colors for each slope state, Pre-Market High/Low lines, and Bands. Setting the "Steepness" Threshold (Per-mille Price Change Per Minute ‱/min with Auto-Adjustment): Determine the sensitivity for identifying a steep slope by setting the required change threshold in VWAP in terms of per-mille price change per minute (‱/min). The indicator performs smart adjustment for any timeframe you select on the chart (e.g., 30 seconds, 1 minute, 5 minutes, 10 minutes, etc.), ensuring that the "steepness" setting maintains consistency and relevance. Examples for Setting the Steepness Threshold: Suppose you set the steepness threshold to 0.3‱/min (per-mille price change per minute). On a 30-second chart: The indicator will check if the VWAP changed by 0.15 ‱/min (half of the per-minute threshold) within a single bar. If so, the slope will be considered steep. Explanation: Since 30 seconds is half a minute, the indicator looks for a change that is half of the threshold set for a full minute. On a 1-minute chart: The indicator will check if the VWAP changed by 0.3 ‱/min (the full per-minute threshold) within a single bar. If so, the slope will be considered steep. Explanation: Here, the bar represents a full minute, so we check the full threshold. On a 5-minute chart: The indicator will check if the VWAP changed by 1.5 ‱/min (5 times the per-minute threshold) within a single bar. If so, the slope will be considered steep. Explanation: A 5-minute bar contains 5 minutes, so the cumulative change in VWAP needs to be 5 times greater to be considered "steep" on the same scale. In summary, this setting allows you to precisely and uniformly control the sensitivity of steep slope detection across all timeframes, providing immense flexibility in analyzing the asset's momentum. Advantages of Using Per-mille Price Change Per Minute (‱/min) Using per-mille price change per minute (‱/min) offers several key advantages for your indicator: Normalized and Objective Measurement: It provides a uniform scale for the VWAP's rate of change, regardless of the asset's price or nominal value. A 0.1 per-mille change per minute always carries the same relative significance. Comparison Across Different Asset Prices: Using per-mille allows for direct comparison of VWAP movement strength between assets trading at very different prices (e.g., a $100 asset versus a $1 asset), enabling an understanding of true momentum without bias from the nominal price. Smart Timeframe Agnostic Adjustment: This is a critical capability. The indicator automatically adjusts the per-mille per minute threshold you set to any chart timeframe (30 seconds, 1 minute, 5 minutes, etc.), maintaining consistency in "steepness" detection without manual recalibration. Precise Momentum Identification: This measurement precisely identifies when the VWAP's rate of change becomes significant, and when momentum strengthens or weakens, contributing to more informed trading decisions. In short, per-mille change per minute (‱/min) provides accuracy, consistency, and flexibility in identifying VWAP momentum changes, with smart adaptation across all timeframes. Who is this Indicator For? VWAP Dynamic Slope is a powerful tool for: Intraday Traders: For quick identification of intraday trend directions and momentum across any timeframe, with specific consideration for Pre-Market, Regular Hours, or Post-Market VWAP, and incorporating key pre-market levels. Swing Traders and Long-Term Investors: For analyzing longer-term trends based on periodic and event-driven VWAP anchors. Beginner Traders: As an excellent visual aid for understanding the relationship between price, volume, and trend direction, and how different anchor points, pre-market levels, and data sources influence price behavior. Experienced Traders: For integration with existing strategies, gaining additional confirmation for trend strength identification, and highly precise and flexible parameter calibration. VWAP Dynamic Slope provides a rich, multi-dimensional layer of information about the VWAP, helping you make more informed trading decisions in real-time, within the context of your chosen asset.
Pine Script® indicator
by sgbpulse
Smarter Money Flow Divergence Detector [PhenLabs]📊 Smarter Money Flow Divergence Detector Version: PineScript™ v6 📌 Description SMFD was developed to help give you guys a better ability to “read” what is going on behind the scenes without directly having access to that level of data. SMFD is an enhanced divergence detection indicator that identifies money flow patterns from advanced volume analysis and price action correspondence. The detection portion of this indicator combines intelligent money flow calculations with multi timeframe volume analysis to help you see hidden accumulation and distribution phases before major price movements occur. The indicator measures institutional trading activity by looking at volume surges, price volume dynamics, and the factors of momentum to construct an overall picture of market sentiment. It’s built to assist traders in identifying high probability entries by identifying if smart money is positioning against price action. 🚀 Points of Innovation ● Advanced Smart Money Flow algorithm with volume spike detection and large trade weighting ● Multi timeframe volume analysis for enhanced institutional activity detection ● Dynamic overbought/oversold zones that adapt to current market conditions ● Enhanced divergence detection with pivot confirmation and strength validation ● Color themes with customizable visual styling options ● Real time institutional bias tracking through accumulation/distribution analysis 🔧 Core Components ● Smart Money Flow Calculation: Combines price momentum, volume expansion, and VWAP analysis ● Institutional Bias Oscillator: Tracks accumulation/distribution patterns with volume pressure analysis ● Enhanced Divergence Engine: Detects bullish/bearish divergences with multiple confirmation factors ● Dynamic Zone Detection: Automatically adjusts overbought/oversold levels based on market volatility ● Volume Pressure Analysis: Measures buying vs selling pressure over configurable periods ● Multi factor Signal System: Generates entries with trend alignment and strength validation 🔥 Key Features ● Smart Money Flow Period: Configurable calculation period for institutional activity detection ● Volume Spike Threshold: Adjustable multiplier for detecting unusual institutional volume ● Large Trade Weight: Emphasis factor for high volume periods in flow calculations ● Pivot Detection: Customizable lookback period for accurate divergence identification ● Signal Sensitivity: Three tier system (Conservative/Medium/Aggressive) for signal generation ● Themes: Four color schemes optimized for different chart backgrounds 🎨 Visualization ● Main Oscillator: Line, Area, or Histogram display styles with dynamic color coding ● Institutional Bias Line: Real time tracking of accumulation/distribution phases ● Dynamic Zones: Adaptive overbought/oversold boundaries with gradient fills ● Divergence Lines: Automatic drawing of bullish/bearish divergence connections ● Entry Signals: Clear BUY/SELL labels with signal strength indicators ● Information Panel: Real time statistics and status updates in customizable positions 📖 Usage Guidelines Algorithm Settings ● Smart Money Flow Period ○ Default: 20 ○ Range: 5-100 ○ Description: Controls the calculation period for institutional flow analysis. Higher values provide smoother signals but reduce responsiveness to recent activity ● Volume Spike Threshold ○ Default: 1.8 ○ Range: 1.0-5.0 ○ Description: Multiplier for detecting unusual volume activity indicating institutional participation. Higher values require more extreme volume for detection ● Large Trade Weight ○ Default: 2.5 ○ Range: 1.5-5.0 ○ Description: Weight applied to high volume periods in smart money calculations. Increases emphasis on institutional sized transactions Divergence Detection ● Pivot Detection Period ○ Default: 12 ○ Range: 5-50 ○ Description: Bars to analyze for pivot high/low identification. Affects divergence accuracy and signal frequency ● Minimum Divergence Strength ○ Default: 0.25 ○ Range: 0.1-1.0 ○ Description: Required price change percentage for valid divergence patterns. Higher values filter out weaker signals ✅ Best Use Cases ● Trading with intraday to daily timeframes for institutional position identification ● Confirming trend reversals when divergences align with support/resistance levels ● Entry timing in trending markets when institutional bias supports the direction ● Risk management by avoiding trades against strong institutional positioning ● Multi timeframe analysis combining short term signals with longer term bias ⚠️ Limitations ● Requires sufficient volume for accurate institutional detection in low volume markets ● Divergence signals may have false positives during highly volatile news events ● Best performance on liquid markets with consistent institutional participation ● Lagging nature of volume based calculations may delay signal generation ● Effectiveness reduced during low participation holiday periods 💡 What Makes This Unique ● Multi Factor Analysis: Combines volume, price, and momentum for comprehensive institutional detection ● Adaptive Zones: Dynamic overbought/oversold levels that adjust to market conditions ● Volume Intelligence: Advanced algorithms identify institutional sized transactions ● Professional Visualization: Multiple display styles with customizable themes ● Confirmation System: Multiple validation layers reduce false signal generation 🔬 How It Works 1. Volume Analysis Phase: ● Analyzes current volume against historical averages to identify institutional activity ● Applies multi timeframe analysis for enhanced detection accuracy ● Calculates volume pressure through buying vs selling momentum 2. Smart Money Flow Calculation: ● Combines typical price with volume weighted analysis ● Applies institutional trade weighting for high volume periods ● Generates directional flow based on price momentum and volume expansion 3. Divergence Detection Process: ● Identifies pivot highs/lows in both price and indicator values ● Validates divergence strength against minimum threshold requirements ● Confirms signals through multiple technical factors before generation 💡 Note: This indicator works best when combined with proper risk management and position sizing. The institutional bias component helps identify market sentiment shifts, while divergence signals provide specific entry opportunities. For optimal results, use on liquid markets with consistent institutional participation and combine with additional technical analysis methods.
Pine Script® indicator
by PhenLabs
Trapper Market Structure (HH, HL, LH, LL)This script is designed to visually identify price action market structure in real time using pivot-based logic. It highlights the key components of trend direction by labeling: - **HH** – Higher Highs - **HL** – Higher Lows - **LH** – Lower Highs - **LL** – Lower Lows These labels help traders track evolving market conditions and spot trend continuations, breaks in structure, or potential reversals — all without guessing. **How It Works** The script detects local swing highs and lows based on a customizable pivot strength. Once a valid pivot is confirmed, it’s classified in context with the previous relevant pivot to determine its structural significance. For example: - If a pivot high is higher than the previous, it’s marked as a **HH**. - If a pivot low is lower than the previous, it’s marked as a **LL**, and so on. This running analysis helps traders anticipate shifts between bullish and bearish structures. **Customizable Features** - Adjust **Pivot Strength** to increase or reduce sensitivity (more reactive or more stable) - Toggle **Labels** on/off for cleaner charts - Toggle **Connecting Lines** between pivots to visualize structure flow **Use Case** This indicator is ideal for: - Price action traders - Market structure analysis - Identifying entry zones during pullbacks (e.g., buying at HLs during uptrends) - Confirming trend reversals or break-of-structure (BoS) You can use this tool as a foundation for more advanced systems such as CHoCH/BOS detection, liquidity zones, or sniper-style entry frameworks. **Concepts Used** - Swing High/Low detection using `ta.pivothigh` and `ta.pivotlow` - Market structure labeling logic - Visual flow to reinforce trader psychology on trend states Disclaimer This script is provided for educational purposes only. It is not financial advice and should not be relied upon for trading decisions. Always conduct your own analysis and risk management. #marketstructure #priceaction #technicalanalysis #tradingviewopen #pivotpoints
Pine Script® indicator
by TRAPPER-RAMS
27