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Smart ColorThis script color bars to filter the noise. If the bar color is green, the price is either ranging or going up so we considere that the momentum is for longs If the bar color is red, the price is either ranging or going down so we considere that the momentum is for shorts I use this indicator in 3 ways. In confirmation with other indicators to get early in a trade. Let's say I see a short divergence and i want to enter only when the momentum is going down. So i will wait that bar color pass to red to enter in a position. I can also use this indicator alone, but if i do so, since i am more a counter trend trader, i will first wait a lower low with a nice % of variation for the past series of the same color, so when it will change color, there is a higher chance that the price retrace more % and my profit target have more chance to be hit. And the last way I use this indicator is to exit a position at a "better price". In profit : Let's say i am long and i am fine with the profit i have.Then I decide to put my profit target 0.5% above the actual price. But if the bar color change to red, i will close my trade even if my target is not hit. In loss : Let's say i have a trade with negative PNL and the bar color just changed in my direction. So at the place of taking a loss right now, i will wait the potential little upward, and whenever the barcolor will change again against me, I will close it here. It is just a little optimisation. But the sum of all little optimisation is decent How to parameter this script? To parameter it you need to understand how it works. If you have too many variation of colors. It means there is too much noise. There is an input that you can change to filter the level of noise you want to filter. The defval = 5, step = 1 ,minval = 1, maxval =100. So from defval, up it up to a level in which noise is filtered ; a level in which candle succession of the same color does a nice % variation.
Pine Script® indicator
by DyorTool
Smart Money Flow v.2.0 BY Stock_InshotsThis Indicator is made by combination of indicators as follows 1) Super Trend - Period 15,2.5 Signal Filtered on the closing basis of SMA High 20 for strength 2) Simple Moving Average - period 50 In which Purple indicates Uptrend Orange Indicates down trend 3) Bill William's Fractal - This indicator indicates important candle for formation of swing of High or low with Triangle shape at the bottom & top on the chart . After Signal one can wait for fractal candle formation also for Big risk reward Ration Buy Setup : After signal Try to place long order near Sma50 Sell Setup : After signal Try to place Short order near Sma50 If missed wait for next Signal , Don't Run behind Price Keep Trailing Your Stop loss with ATR Values Note : Nothing is 100% , You may customize this indicator according to your values . Best to use with other momentum / strength indicator before taking positions Like RSI / Support & Resistance Levels For Targets use BB% levels / Pivot Points / Fibonacci levels / Nearest Demand & Supply Zone Thanks to the Trading view as i used open Source Codes in combination of this indicator. it helped a lot . Feedback will be welcomed . Refer Image
Pine Script® indicator
by Stock_Inshot
26
SMART indicatorThis script combines the usage of the SMA and ATR indicator in order to provide signals for opening and closing trades, either buy or sell signals. It uses SMA and ATR, both configurable by the users. 
 The trigger of Buy and Sell Signals are calculated through the SMA and ATR: * Buy Signals: They are highlighted by a dark green background area. * Sell Signals: They are highlighted by a dark red background area.
 The trigger of Close Buy and Close Sell Signals are calculated through current price using SMA and ATR: * Close Buy Signals: The fast SMA crosses under the close price and at the same time the trend is bullish. They are highlighted by a lighter green area. * Close Sell Signals: The fast SMA crosses over the close price and at the same time the trend is bearish. They are highlighted by a lighter red area Few important points about the indicator and the produced signals: * This is not intended to be a strategy, but an indicator for analyzing the market conditions. It gives you the triggers depending on the real time analysis of the prices, but not being a proper strategy, pay attention about "fake signals" and add always a visual analysis to the provided signals
 * Following this indicator, the trade positions should be opened only when background color appears GREEN. Either in this case, analyze the chart in order to see if the signals are "weak" ones, due to "waves" around the SMA . In these cases, you might wait for the next confirmation signals after the waves, when the trend will be better defined
 * The close trade signals are provided in order to help to understand when you should close the buy or sell trades. Even in this case, always add a visual analysis to the signals, and pay attention to the support/resistance areas. Sometimes, you can have the close signals in correspondence to support/resistance areas: in these cases wait for the definition of the trend and eventually for the next close trade signals if they will be better defined Final Notes * Indicator will show Trend, Pullback, Market bounce and some support and resistance level.
Pine Script® indicator
by WallStreetFlow
Smart Forex Buy Sell Signal by LukasHi again! So, this is BUY and SELL signal base on Price action, RSI, and Correlation between Forex Major Pairs. It's only work for Forex Major Pairs because I only took their data. Included alert : Spec, Buy, Strong Recommended to wait for double signal : Spec Buy > Buy or Spec Sell > Sell Buy > Strong Buy or Sell > Strong Sell So execute after the second signal triggered. It's indicate the trend. Looking forward for your feedback to improve the script. Thank you. It's better combine it with Moving average indicator to indicate direction, I use Moving Average Adaptive Q from cheatcountry to help me make decision.
Pine Script® indicator
by lukascg94
167
Smart Indicator 28 - Swing Pivots (Higher Highs and Lower Lows)A simple way to find Higher Highs and Lower Lows (HH and LL) whit automatic Fibonacci Lines in the most common levels. In this indicator the Higher Highs only happens when a high value are rising from each other in the last "Length of Real Pivots" highs and the next same number of highs are falling in every single bar. The Lower Lows are inverted, LL only appears if a low is falling in every single bar in the last number of length and the lows price of the "n" bars next are rising. You can use this Indicator in any kind of market.
Pine Script® indicator
by RodrigoKazuma
20
Smart Envelope - Running Away From The TrendIntroduction Envelopes indicators consist in displaying one upper and one lower extremity on the price chart. They are most of the time built by adding/subtracting a volatility estimator (rolling stdev, atr, range...etc) to a central tendency estimator (SMA, EMA, LSMA...etc) . Their interpretation is often subject to debate amongst technical analyst, some will use a support and resistance methodology, where price will start a downtrend once it cross the upper extremity, and a down trend once it cross the lower one. Others will prefer a breakout methodology, where price will reach higher highs once it cross the upper extremity, and lower lows when it cross the lower one. Because of price non stationarity its hard to select the best methodology, the support and resistance one will mostly work on ranging markets, while the breakout methodology mostly work on trending ones. Therefore new methods where proposed, instead of using moving averages with a high lag, faster filters where used, such as the least squares moving average or zero lag exponential moving average, other band indicators where also created using adaptive filters, but improvements remain relatively low. The most difficult task would be to make extremities with the ability to return accurate support and resistances levels, and today i want to provide a new way to construct such extremities by using the recursive bands framework that allow extremely creative and efficient indicators. The Main Idea With classical bands indicators, the upper and lower extremity will still be correlated with the main trend, the problem behind such method is that we can't use a support and resistance methodology with trending markets, the fact that reversals exist tells us that our extremities will always be crossed by the main trend, here is an example : Here the support is correlated with the main trend, in order for it to be accurate we must assume the trend will go on for ever, and will only detect higher lows, this is what we expect with the orange line, but we can see that a severe down trend totally destroy our plan. In short we need to give some headroom to our extremities, and thus one extremity can't be correlated with the main trend. The proposed Indicator We want to minimize the correlation between the extremities, so if the upper extremity rise, the lower one must fall. This allow to give some headroom and allow the user to anticipate larger movements, this is how bands seeking to give support and resistances points should work. The indicator has a length setting that control the wideness of the extremities, unlike other indicators low values such as 14 can still create really wide bands, take that into account. length = 5. Lower length values allow for more motion from the extremities, but does not necessarily involve detecting shorter terms support and resistances levels. The factor setting is not that important, but it allow to return extremities with more motion when high, and really wide bands when below 1 and greater than 0. Central Tendency Estimator Something fun with the recursive band framework is that the bands are no longer based on the central tendency estimator but its the central tendency estimator who is based on the bands. The central tendency estimator can also provide support and resistances points with the price, like classical moving averages, altho its lack of motion is this time a downside. Conclusion Altho the extremities are more accurate than other band indicators, the problem remain the same, larger trend will always break the extremities and continue creating higher/lower highs/lows, at this point our stop loss would certainly be triggered. This is a huge downsides of contrarian strategy, we sure might anticipate reversals earlier, but we are exposed to larger price movements, therefore the risk is extreme. But the proposed methodology might still prove useful to develop more robust support and resistances levels based on envelopes indicators. Thanks for reading !
Pine Script® indicator
by alexgrover
15
SMART RSISimilar to RSI in concept, but with a few enhancements! Improvements over the standard RSI indicator? 1. Adaptive Decision Boundaries: Who says 70-30 are the best decision boundaries to use for trading off of the RSI indicator? Why not 80-20, or another combination? Is 70-30 still the best when you shorten or lengthen the RSI indicator's look-back window? What about when you change the time frame? I wondered this for a while too, and thats what inspired me to create this indicator! Instead of using fixed lines for the boundaries, the boundaries are calculated based off of a user specified percentile. What this means is that the reference lines are calculated by looking at the values the RSI indicator took over some look back window, and calculating an upper and lower bound where the RSI actually stayed n% of the time over that look-back window. The default parameter given for this argument is 90. What that means is over the last n days, the RSI indicator spent 90% of it's time between the upper and lower bound. 2. Smoothing The RSI Indicator: The RSI indicator on smaller time windows tends to be very noisy. However a simple linear regression over a short time period on the RSI indicator helps to cancel out this noise without losing too much information. This makes cross-overs more meaningful as they are less likely to happen due to small deviations. In addition, it also paints a smoothed picture of the price momentum that is easy and pleasant to read. The reference lines are also smoothed. 3. Color Coding Crosses When They Happen! Wouldn't it be great if your software highlights cross overs when they happen for you so you would not have to go back over your chart and identify it for yourself? Well this software does! It paints red behind the indicator when the RSI indicator goes above the upper reference line, and paints blue when the RSI goes below the lower reference line. The default parameters were selected based on what I feel is useful for daily candles on BTCUSD. However you are free to change the parameters as you see fit for different securities and time frames.
Pine Script® indicator
by Rashad
3
Beast Mode PRO v4.0# Beast Mode PRO v4.0 - Advanced Multi-Regime Trading System ## Overview Beast Mode PRO v4.0 is a sophisticated technical analysis indicator designed for active traders seeking high-probability setups across multiple timeframes. This system combines machine learning-inspired clustering algorithms with traditional technical analysis to identify market regimes and generate precision entry signals. The indicator adapts to different trading styles through intelligent preset configurations and multiple trading modes. --- ## Core Methodology ### Signal Generation Framework The indicator employs a **multi-component voting system** that analyzes market conditions through several independent technical perspectives: **Technical Components:** - **RSI (Relative Strength Index)**: Momentum oscillator measuring overbought/oversold conditions - **Fisher Transform**: Price transformation technique that normalizes price distributions for clearer turning points - **DMI (Directional Movement Index)**: Trend strength indicator measuring directional pressure - **Z-Score Analysis**: Statistical measure identifying price deviations from historical norms - **Moving Average Ratio**: Price relationship to its moving average baseline - **MFI (Money Flow Index)**: Volume-weighted momentum indicator - **Stochastic Oscillator**: Momentum indicator comparing closing price to price range - **CCI (Commodity Channel Index)**: Measures current price level relative to average price level ### Clustering Engine The system utilizes a **k-means inspired clustering algorithm** that categorizes each technical indicator's normalized values into distinct market regimes (bullish, bearish, neutral). This approach: 1. **Normalizes** all indicators using z-score transformation over a historical lookback window 2. **Clusters** normalized values using percentile-based thresholds 3. **Aggregates** individual votes into a composite score ranging from -100 to +100 4. **Smooths** the composite score using selectable methods (SMA, EMA, WMA, HMA, TEMA, DEMA) The clustering percentiles adapt dynamically based on current market volatility (ATR-normalized), ensuring the system remains responsive across different market conditions. --- ## Trading Modes ### 1. Normal Mode Standard crossover-based signals using fixed thresholds (+10/-10). Suitable for balanced trading with moderate signal frequency. ### 2. Scalper Mode Dynamic threshold adjustment based on recent score volatility. Generates more frequent signals by adapting to short-term price movements. ### 3. Aggressive Mode Reversal-focused approach that triggers signals when the composite score crosses extreme levels (+80/-80), targeting major trend reversals. ### 4. Hybrid Mode Combines Normal and Aggressive signals, capturing both standard crossovers and extreme reversals for comprehensive market coverage. ### 5. Super Scalper Mode Ultra-responsive mode using signal line crossovers (14-period HMA of composite score) for maximum trade frequency. ### 6. Sniper Mode (Premium Feature) Multi-confirmation system requiring alignment of: - Composite score threshold breach - Positive fast momentum (10-period SMI) - Positive trend momentum (200-period SMI) - Price above/below smart trend filter MA This mode prioritizes precision over frequency, filtering out low-probability setups. --- ## Timeframe Presets Pre-optimized configurations for common trading timeframes: ### 1 Minute Preset - Fast smoothing (10-period WMA) - Tight chop filter (61.8 threshold) - Optimized for rapid scalping with minimal lag ### 2 Minute Preset - Balanced smoothing (12-period EMA) - Enhanced volume filtering - Moderate cooling period (5 bars) ### 3 Minute Preset - HMA smoothing for reduced lag - Stochastic and CCI enabled - Balanced approach for intraday trading ### 5 Minute Preset - TEMA smoothing for trend following - Stronger filters to reduce noise - Extended lookback (1000 bars) ### 15 Minute Preset - DEMA smoothing for swing positions - Maximum filtering configuration - All technical indicators enabled - Suitable for swing trading and position building Users can also select "Custom" to manually configure all parameters. --- ## Advanced Filtering System ### 1. Choppy Market Filter Uses Choppiness Index calculation to identify consolidating markets. When CI exceeds the threshold, signals are suppressed to avoid whipsaw trades. ### 2. Smart Trend Filter Configurable moving average (SMA/EMA/WMA/HMA/TEMA/DEMA/VWMA/RMA) that prevents counter-trend signals. Long signals require price above the MA, shorts require price below. ### 3. Volume Filter Compares current volume to its moving average. Signals are suppressed when volume falls below the specified multiplier of average volume. ### 4. ATR Volatility Filter Prevents trading during low volatility periods when ATR falls below its moving average multiplied by the specified factor. ### 5. Session Filter Time-based filtering for Asia, London, New York, or combined sessions. Ensures trading only during preferred market hours. ### 6. Multi-Timeframe Confirmation Optionally requires higher timeframe alignment before generating signals, adding confluence for higher probability trades. ### 7. Cooling Off Period Prevents signal clustering by enforcing a minimum number of bars between consecutive signals. --- ## Smart Money Concepts Integration ### Order Block Detection Identifies institutional supply/demand zones using multi-timeframe analysis: - Detects strong directional candles followed by breakout moves - Volume confirmation ensures significance - Customizable timeframe selection (current TF or higher TF: 5m, 15m, 30m, 1H, Daily) - Visual boxes mark active order blocks with automatic expiration after lookback period - Price interaction alerts when touching active zones ### Liquidity Zones Marks equal highs (EQH) and equal lows (EQL) where stop losses typically cluster, indicating potential reversal or breakout points. --- ## Momentum Analysis ### Fast Momentum (Default: 10-period) Short-term momentum oscillator using Stochastic Momentum Index (SMI) calculation. Provides early warning of momentum shifts. ### Trend Momentum (Default: 200-period) Long-term momentum gauge confirming overall trend direction. Used in Sniper Mode for multi-confirmation. ### Momentum Divergence Detection Automatically identifies: - **Regular Divergence**: Price makes new high/low but momentum doesn't (reversal signal) - **Hidden Divergence**: Price makes higher low/lower high but momentum doesn't (continuation signal) --- ## Visual Components ### Price Chart Overlay - **Smart Trend MA**: Dynamically colored moving average based on price position - **EMA Cloud**: 50/200 EMA cloud showing long-term trend (background shading) - **Trend Background**: Subtle background coloring based on composite score - **Order Block Boxes**: Institutional supply/demand zones - **Entry/Exit Markers**: Clear visual signals with emoji labels - **Liquidity Markers**: EQH/EQL identification ### Bar Coloring Bars change color based on active mode and market regime: - **Sniper Mode**: Purple (bull) / Pink (bear) - **Aggressive Mode**: Bright Green / Bright Red - **Super Scalper**: Neon Green / Neon Red - **Timeframe Presets**: Unique color schemes per preset - **Choppy/Neutral**: Always gray regardless of mode ### Oscillator Pane - **Composite Score Line**: Gradient-colored stepline showing current regime strength - **Fast/Trend Momentum**: Optional overlays (gold/cyan colors) - **Divergence Markers**: Visual alerts for regular, hidden, and momentum divergences - **Power Zones**: Overbought/oversold regions (80/-80 levels) - **Dynamic/Fixed Thresholds**: Visual reference lines based on active mode ### Interactive Dashboards **Main Dashboard** displays: - Active preset/mode configuration - Real-time indicator values and votes - Current market status (active/choppy/counter-trend/low volume/low ATR/MTF misalignment) - Regime classification (Strong Long/Long/Neutral/Short/Strong Short) - Smart Trend MA status **Performance Dashboard** shows: - Exit strategy (Fixed TP/SL, Trailing Stop, Opposite Signal) - Total trades and win rate - Total points and average per NY session - Profit factor and recovery factor - Best/worst trades and max drawdown - Maximum winning/losing streaks - Sharpe ratio and average risk:reward **TP Optimizer** (33 variations tested): - Tests take profit levels from 40 to 200 ticks (5-tick increments) - Sortable by: Profit Factor, Win Rate, Total Points, Sharpe Ratio - Displays top 5 configurations with full metrics - Real-time optimization during backtesting --- ## Backtest Engine ### Exit Strategies **1. Fixed TP/SL** - Configurable in Ticks, ATR multiples, or Percentage - Precise risk management with predefined targets **2. Exit on Opposite Signal** - Closes position when counter-signal appears - Adapts to changing market conditions - Useful for trend-following approaches **3. Trailing Stop** - Dynamic stop loss that follows profitable moves - Configurable trailing offset percentage - Locks in profits while allowing trends to develop ### Risk Management - Optional minimum risk:reward filter - Prevents trades below specified R:R threshold - Date range filtering for historical analysis - Session-based performance tracking ### Performance Metrics - Win rate, profit factor, Sharpe ratio - Maximum drawdown and recovery factor - Consecutive win/loss streaks - Average win/loss analysis - Gross profit vs gross loss breakdown --- ## Alert System Comprehensive alert conditions for: - Entry signals (Long/Short) - Exit events (TP/SL/Opposite/Trailing) - Trend signals (Strong bullish/bearish) - Divergences (Regular/Hidden/Momentum) - Order block detection and touches - Multi-condition strong signals (all confirmations aligned) --- ## How to Use ### Quick Start 1. Select your preferred timeframe preset (1m, 2m, 3m, 5m, 15m, or Custom) 2. Choose a trading mode (Normal, Scalper, Aggressive, Hybrid, Super Scalper, or Sniper) 3. Configure session filter to match your trading hours 4. Enable desired filters (choppy, trend, volume, ATR, MTF) 5. Set your exit strategy and TP/SL levels 6. Monitor signals on price chart and oscillator pane ### Optimization Workflow 1. Enable "Run TP Optimizer" in backtest settings 2. Run backtest on historical data 3. Review Optimizer Dashboard for best TP levels 4. Sort by preferred metric (Profit Factor, Win Rate, Total Points, Sharpe) 5. Apply winning configuration to live trading ### Advanced Configuration - Customize individual indicator lengths and enable/disable specific components - Adjust clustering parameters (lookback window, percentiles, cluster count) - Fine-tune smoothing methods and lengths - Configure order block detection timeframe and sensitivity - Set cooling off period to control signal frequency --- ## Unique Features 1. **Adaptive Clustering**: Volatility-adjusted percentiles ensure consistent performance across market conditions 2. **Multi-Mode Architecture**: Six distinct trading modes from conservative to ultra-aggressive 3. **Timeframe Intelligence**: Pre-optimized presets eliminate guesswork for common timeframes 4. **Smart Money Integration**: Order block detection and liquidity zone marking 5. **Comprehensive Backtesting**: Three exit strategies with 33-variation TP optimization 6. **Visual Clarity**: Mode-specific bar coloring and clean chart presentation 7. **Filter Stack**: Seven-layer filtering system prevents low-quality signals 8. **Real-Time Metrics**: Live performance tracking with advanced statistics --- ## Benefits - **Reduced False Signals**: Multi-confirmation clustering approach filters noise - **Adaptability**: Works across timeframes and market conditions through preset system - **Transparency**: Open visualization of all component votes and filtering status - **Risk Management**: Built-in TP/SL optimization and R:R filtering - **Time Efficiency**: Preset configurations save hours of manual optimization - **Educational Value**: Dashboard shows exactly why signals trigger or get filtered - **Professional Tools**: Institutional concepts (order blocks, liquidity zones) accessible to retail traders --- ## Best Practices - Use Sniper Mode for high-probability setups during volatile markets - Enable choppy filter during consolidation periods - Combine Smart Trend Filter with MTF confirmation for swing trades - Run TP Optimizer monthly to adapt to changing market dynamics - Monitor Sharpe Ratio in addition to win rate for risk-adjusted performance - Use session filters to avoid low-liquidity hours - Start with preset configurations before custom optimization --- ## Technical Requirements - TradingView Premium/Pro/Pro+ for full feature access - Minimum chart history: 500 bars (adjustable in clustering settings) - Works on all instruments (stocks, forex, crypto, futures) - Compatible with standard candles (Heikin Ashi optional but not recommended for backtesting) --- ## Disclaimer This indicator is a technical analysis tool designed to assist trading decisions. It does not guarantee profits and should be used in conjunction with proper risk management, fundamental analysis, and personal trading experience. Past performance does not indicate future results. Users should thoroughly test the indicator on demo accounts before live trading. --- **Version**: 4.0 **Language**: Pine Script v6 **Type**: Overlay Indicator with Oscillator Pane **Calculation**: On bar close (default) or real-time (configurable)
Pine Script® indicator
by kdeezy
Quarterly Theory The Quarterly Theory indicator is a refined analytical tool that applies the ICT (Inner Circle Trader) framework and fractal time principles. It divides market time into structured quarterly cycles, anchored by the True Open of each period, to provide precise signals for trade entry and exit. This approach is consistently effective across all timeframes—from yearly and monthly charts down to 90-minute sessions. The core model defines four distinct market phases within each cycle: Q1 – Accumulation: A consolidation phase where the market builds a base for the next move. Q2 – Manipulation (Judas Swing): Characterized by deceptive, rapid price action designed to trap traders before a true trend emerges. Q3 – Distribution: A period of high volatility as positions are unwound and transferred. Q4 – Continuation/Reversal: The cycle concludes with the established trend either extending or reversing. By leveraging smart algorithms, the indicator analyzes these phases to detect critical market structures such as liquidity zones, stop-runs, and high-probability price patterns. This synthesis of Quarterly Theory, fractal timing, and liquidity analysis delivers a data-driven edge, empowering traders to decode complex market behavior and execute informed, strategic trades.
Pine Script® indicator
by zacromancer
GoldHook Reversal ProGoldHook Reversal Pro v7 is an advanced market structure indicator designed to identify high-probability turning points. It automatically detects where price is accumulating—and monitors for specific momentum shifts that signal a valid Breakout or Reversal. By filtering out market noise with its "Smart Adaptive" logic, it helps traders distinguish between false moves and genuine trend opportunities, providing clear entry signals with built-in risk management targets.
Pine Script® indicator
by SkBosirHossain
IFVGs [NINE]Overview The IFVG Indicator is a precision-engineered tool designed to identify and display Inversion Fair Value Gaps (IFVGs), a powerful price action concept rooted in ICT (Inner Circle Trader) methodology. This indicator automatically detects when price closes through an existing Fair Value Gap, causing the zone to "invert" and flip its directional bias, signaling potential areas of institutional interest for future price reactions. What is an Inversion Fair Value Gap? A Fair Value Gap (FVG) is a three-candle pattern where a gap exists between the wicks of the first and third candles, representing an imbalance in price delivery. These zones often act as magnets for price to return and "fill" the inefficiency. An Inversion Fair Value Gap (IFVG) occurs when price doesn't just tap into an FVG, it closes through it with a candle body. This "inversion" transforms the zone: A Bullish FVG that gets closed through becomes a Bearish IFVG (potential resistance/supply zone) A Bearish FVG that gets closed through becomes a Bullish IFVG (potential support/demand zone) IFVGs represent areas where the market has shown its hand — institutional order flow has aggressively moved through a prior inefficiency, and the inverted zone now becomes a point of interest for potential reversals or continuations. Key Features Automatic IFVG Detection The indicator continuously monitors for Fair Value Gaps and automatically converts them to IFVGs when price body closes through the zone. No manual identification required. Multiple Display Styles Choose from four distinct visualization modes to match your chart aesthetic: Level — Clean, minimal single line at the IFVG extreme (top for bullish, bottom for bearish) Normal — Filled zone with dashed borders and dot label Minimalist — High/low boundary lines with connecting link Classic — Filled box with 50% midline only Full Customization Independent colors for bullish and bearish IFVGs Adjustable transparency for zone fills Optional 50% midline (Consequent Encroachment level) Flexible label styles: "IFVG" or "+/−" notation Multiple label sizes: Tiny, Small, Normal, Large Smart Extension Options Extend to Current Bar — Zones dynamically extend as price progresses Extend to Confirmation — Zones end at the bar where inversion occurred Manual Offset — Fine-tune extension length in bars Clustered IFVG Filter Prevents chart clutter by ensuring only one IFVG per direction forms within a 5-bar cooldown period. When a single candle closes through multiple FVGs, only the first IFVG of that directional series is displayed — eliminating redundant signals and keeping your chart clean. FVG Lookback Control Limit which FVGs can become IFVGs based on their age. Options include 10, 50, 100, 200, or 300 bars. This filters out old, stale FVGs that may create less relevant inversions. Session Time Filters Optional time-based filtering allows you to focus on specific trading sessions: Configurable session windows (e.g., 9:30 AM - 12:00 PM) Support for two independent session filters Multiple timezone options including New York, London, Tokyo, and more Volume Imbalance Detection Optionally include Volume Imbalances (VIs) — gaps between candle bodies rather than wicks — expanding the scope of detectable inefficiencies. Invalidation Tracking IFVGs are automatically invalidated when price closes back through the zone in the opposite direction, with optional display of invalidated zones. How to Use Entry Confirmation IFVGs serve as areas for trade entries. When price returns to a confirmed IFVG: Bullish IFVG — Look for long entries as price taps the zone from above Bearish IFVG — Look for short entries as price taps the zone from below Settings Reference Inversion Fair Value Gaps Show IFVGs? — Master toggle for IFVG display Style — Level, Normal, Minimalist, or Classic Transparency % — Zone fill opacity (0-100) Historical Display — Maximum IFVGs to show per direction Bullish/Bearish Colors — Independent color selection Show Invalidated? — Display IFVGs that have been invalidated Extend IFVGs? — Enable dynamic zone extension Extension Mode — Current Bar or Confirmation Manual Offset — Additional bars to extend High/Low Lines — Show boundary lines (Minimalist style) 50% Midline — Show Consequent Encroachment level Show Labels? — Display zone labels Label Style — IFVG or +/− notation FVG Lookback — Maximum age of FVGs that can invert Clustered Filter — Prevent multiple same-direction IFVGs in quick succession Volume Imbalances — Include body gaps in detection Session Filters Enable 1st/2nd Time Filter — Activate session filtering Session Times — Define active trading windows Timezone — Reference timezone for session calculations Disclaimer This indicator is provided for educational and informational purposes only. It is not financial advice, and nothing contained herein constitutes a recommendation, solicitation, or offer to buy or sell any securities, options, or other financial instruments. Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should carefully consider your investment objectives, level of experience, and risk appetite before making any trading decisions. The developer of this indicator makes no representations or warranties regarding the accuracy, completeness, or reliability of the information provided. You are solely responsible for your own trading decisions and any profits or losses that may result. Always conduct your own research and consider seeking advice from a licensed financial professional before trading.
Pine Script® indicator
by unlimitedmoneyprinter