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Supplyanddemmand

Supply & Demand Zones XLDescription Supply & Demand Zones XL is a non-repainting supply and demand indicator designed to model market structure with a focus on stability, clarity, and quantitative strength evaluation. The script identifies supply and demand zones using pivot-based structure and sizes each zone dynamically using ATR, ensuring consistent scaling across different market conditions. Zones are extended forward in real time and maintained as either active or historical depending on user preference. Each zone is scored using a composite strength model that incorporates volume participation, zone width efficiency, time in market, and touch frequency. The resulting strength rating is normalized to a simple X/10 format and displayed at the end of each zone for immediate readability. A non-repainting mode ensures that zones are only confirmed after pivot completion, preventing forward-looking bias. An optional volume filter allows users to require above-average participation before a zone is formed. The script includes logic to prevent redundant structure by disallowing overlapping zones of the same type while the current zone remains valid. Once a zone is broken, new zones are allowed to form, preserving structural continuity. Zones are considered broken only on confirmed closes beyond their boundaries, not intrabar wicks. Broken zones are downgraded in strength and can be visually differentiated using customizable color controls. Users can independently control coloring for active and historical broken zones, as well as define separate colors for supply, demand, broken supply, and broken demand. Historical zones can be toggled on or off, with optional strength labels, allowing users to balance context versus chart clarity. The result is a structured, state-driven supply and demand model that avoids noise, reduces duplication, and provides a consistent framework for evaluating zone quality and market behavior.
Pine Script® indicator
by tgregg75
3
Price Memory Heatmap [BullByte]Price Memory Heatmap - Dynamic Support & Resistance Through Market Memory Price Memory Heatmap visualizes where markets remember. It identifies price levels where repeated reactions have occurred, measures their intensity through a proprietary heat system, and displays them as dynamic zones that strengthen with each new reaction and naturally fade when the market moves on. This is not a combination of existing indicators. It is a unified analytical framework built around one original concept: price levels accumulate heat from confirmed reactions and lose heat through exponential decay when untouched. The result is a self-organizing, self-cleaning map of historically significant price zones that evolves with every bar. --- WHAT THIS INDICATOR DOES Price Memory Heatmap tracks price levels where significant market reactions have occurred. Each level is treated as a living entity with memory: → Gains heat when price reacts at it (confirmed pivots and wick rejections) → Loses heat over time when untouched (exponential decay) → Displays visual intensity proportional to accumulated reaction history → Gets removed automatically when its heat falls below a minimum threshold → Classifies real-time price behavior at each zone (Rejection, Sweep, Break, Retest, Absorption) The indicator tracks up to 20 memory levels simultaneously and displays only the most significant ones based on heat intensity and reaction count. Zones are color-coded from cool (low activity) to hot (high activity), giving instant visual hierarchy of level importance. Key outputs: → Heat-mapped zones showing historical reaction intensity → Classification labels (Developing, Active, Strong, Dominant) → Hit count showing total confirmed reactions at each level → Relative volume multiplier showing conviction behind reactions → Level age tracking (Fresh, Seasoned, Veteran) → Real-time behavior detection integrated into zone labels → Summary dashboard ranking all active levels by heat --- WHY THIS INDICATOR EXISTS Traditional support and resistance tools draw static lines. They cannot tell you whether a level was tested once or ten times, whether reactions were backed by strong volume or weak, whether the level was formed yesterday or months ago, or how price is currently interacting with that level. Price Memory Heatmap addresses each of these gaps through a single cohesive system: PROBLEM: "Is this level significant?" → SOLUTION: Heat intensity and classification tier tell you immediately. A Dominant zone with 8 hits is far more significant than a Developing zone with 2 hits. PROBLEM: "Was there conviction behind reactions at this level?" → SOLUTION: Relative volume multiplier shows whether reactions attracted above-average volume (e.g., 2.3x means 2.3 times the average bar volume). PROBLEM: "Is this level still relevant?" → SOLUTION: Exponential decay naturally fades untouched levels. If the market has forgotten a level, the indicator forgets it too. PROBLEM: "How is price interacting with this level right now?" → SOLUTION: Real-time behavior detection classifies the current interaction as Rejection, Sweep, Break, Retest, or Absorption. PROBLEM: "How old is this level?" → SOLUTION: Age tracking categorizes each level as Fresh (recently formed), Seasoned (survived multiple decay cycles), or Veteran (persistent structural significance). --- HOW PRICE MEMORY WORKS The lifecycle of a memory level: BIRTH - A confirmed pivot swing (high or low) creates a new memory level, or merges into a nearby existing level if one exists within the merge distance. REINFORCEMENT - Each subsequent reaction at the level adds heat. Reactions with above-average volume add proportionally more heat. The level's price adjusts as a weighted average of all reactions. DECAY - Every bar without a reaction, the level's heat is multiplied by the decay rate (default 0.992). This creates a natural half-life where untouched levels gradually lose prominence. DEATH - When heat falls below the death threshold (default 0.08), the level is permanently removed. This keeps the chart clean and focused on relevant levels. The heat value drives everything: → Zone color intensity (hotter = more prominent visual) → Classification tier (Dominant, Strong, Active, Developing) → Dashboard ranking (sorted by heat, hottest first) → Glow effect intensity (stronger glow on high-heat zones near price) Additionally, wick rejections are detected as secondary reaction sources. When a candle wicks into an existing level and rejects (closes away), it adds heat at half the rate of a confirmed pivot, preventing over-weighting of intrabar noise while still capturing meaningful reactions. --- WHY THIS IS NOT A MASHUP This indicator uses pivot detection, ATR, and volume data internally, but it does not combine or display existing indicators. The distinction is fundamental: A mashup displays independent indicators together on one chart. This indicator uses standard calculations as INPUT MECHANISMS feeding a completely original processing engine whose output cannot be replicated by any combination of existing tools. → Pivots = Detection mechanism only (identifies where reactions occur) → ATR = Scaling parameter only (normalizes distances across any asset) → Volume = Weighting modifier only (amplifies high-conviction reactions) → Heat Accumulation + Decay = ORIGINAL (no existing indicator does this) → Dynamic Level Lifecycle = ORIGINAL (birth, reinforce, decay, death) → Behavior Detection at Levels = ORIGINAL (classifies interaction patterns) No component is displayed independently. Everything feeds the central price memory concept. --- HOW TO READ THE ZONES ZONE COLORS (Dark Theme - default): → Purple/Blue tones = Low heat, Developing level (fewer reactions) → Red tones = Medium heat, Active or Strong level → Orange/Yellow/Gold tones = High heat, Dominant level (many confirmed reactions) ZONE COLORS (Light Theme): → Gray/Steel tones = Low heat → Red/Dark Red tones = Medium to high heat ZONE COLORS (Classic S/R Theme): → Green = Level currently acting as support (price above the zone) → Red = Level currently acting as resistance (price below the zone) ZONE THICKNESS: Zones expand slightly as heat increases and pulse larger when price approaches (proximity effect). The glow effect adds a soft outer halo that intensifies on high-heat levels near current price, providing immediate visual emphasis on the most important nearby zones. ZONE LIFESPAN: Each zone extends from its birth bar to a configurable number of bars into the future (default 15). This visual extension is purely for display - it helps identify where zones project ahead of price. Older zones with maintained heat indicate structural levels where the market has shown persistent memory. --- HOW TO READ THE LABELS Each visible zone displays a label with key information. The label format depends on the selected Label Mode. When behavior is detected, it is appended to the end of the label. MINIMAL MODE EXAMPLE: "STR 5 2.3x SEA REJ↑" → STR = Classification (Strong) → 5 = Hit count (5 confirmed reactions) → 2.3x = Relative volume (2.3 times average per reaction) → SEA = Age (Seasoned - 50 to 200 bars old) → REJ↑ = Current behavior (Bullish Rejection detected) STANDARD MODE EXAMPLE: "Strong | 5 hits | 2.3x | SEA | Rejection ↑" → Full classification name → Hit count with label → Relative volume multiplier → Age abbreviation → Full behavior name with direction DETAILED MODE EXAMPLE: "Strong | Resistance | 5 | 2.3x | 1.2345 | Seasoned | Sweep ↓" → Classification → Current support/resistance status → Hit count → Relative volume → Exact price → Full age name → Full behavior name LARGE MODE: Same information as Standard but rendered in larger text for visibility. When no behavior is currently detected, the behavior portion is simply omitted from the label. CLASSIFICATION TIERS: → Developing = Heat below 40% of max OR fewer than 3 hits → Active = Heat above 40% AND 3 or more hits → Strong = Heat above 60% AND 4 or more hits → Dominant = Heat above 80% AND 5 or more hits AGE CATEGORIES: → Fresh (NEW) = Less than 50 bars since first detection → Seasoned (SEA) = Between 50 and 200 bars old → Veteran (VET) = More than 200 bars old A Veteran level with high heat indicates deep structural significance - a price where the market has reacted repeatedly over an extended period and continues to hold relevance. RELATIVE VOLUME EXPLAINED: The volume shown is NOT raw volume. It is a normalized multiplier showing how much volume reactions attracted compared to the average bar: → 1.0x = Average volume at reactions → 2.0x or higher = Above-average conviction behind reactions → Below 0.5x = Below-average conviction → "-" = Volume data unavailable for this asset Volume is calculated using attributed notional value: only the fraction of bar volume proportional to the zone width is counted, preventing large-range bars from inflating readings. --- HOW TO READ THE DASHBOARD The dashboard provides a ranked summary of all active memory levels. It appears as a table overlay on the chart (position configurable). COLUMN-BY-COLUMN: # → Rank by heat intensity. An asterisk (*) marks the highest-heat level. Numbers rank the rest. PRICE → The exact price of the memory level, formatted to the asset's tick precision. This is the weighted-average price across all reactions at this level. CLASS → Classification tier (Developing, Active, Strong, Dominant). In Classic S/R theme, a suffix "S" (Support) or "R" (Resistance) is appended based on whether price is above or below the level. HEAT → Visual heat bar using 8 segments. → "||||||||" = Maximum heat (hottest level) → "||||...." = Moderate heat → "|......." = Low heat (may decay out soon) HITS → Total number of confirmed reactions at this level. This includes both pivot-confirmed reactions and qualified wick rejections. RVOL → Relative volume multiplier averaged across all reactions at this level. Higher values indicate stronger volume conviction behind the reactions that built this level. STATUS → A dynamic field showing one of three things: → Behavior pattern name if currently detected (e.g., "REJ↑", "SWP↓", "BRK↑") → "At level" if price is within 0.15% of the zone (highlighted in green) → Distance as percentage if price is away (e.g., "1.25% above") AGE → How long the level has existed (NEW, SEA, VET). FOOTER → Shows total memory levels being tracked, how many are currently visible, and the current decay rate setting. --- BEHAVIOR DETECTION When price approaches a memory zone, the indicator analyzes real-time price action to classify how the market is interacting with that level. The detected behavior is displayed as part of the zone label and in the dashboard STATUS column. Behaviors are checked in priority order. Only the highest-priority match is displayed. BREAK (Highest Priority): → Price opens on one side of the zone and closes decisively on the other → Requires strong body (more than 50% of candle range) → Close direction must match candle direction (bullish close for Break ↑) → Indicates the level has failed and may flip from support to resistance or vice versa → Once a Break is detected, the level is marked internally so future Retest detection becomes possible SWEEP: → Price extends significantly beyond the zone (1.5x zone height past the edge) then reverses → The extended wick must be larger than the body and more than 35% of total range → Close must be back near or inside the zone → This pattern often represents a liquidity grab - price pushes through to trigger stops then reverses REJECTION: → A prominent wick touches or enters the zone, and the body closes away → Wick must exceed 45% of the candle's total range → Body must have meaningful size (more than 25% of range) confirming conviction → Indicates the level is actively defending - buyers or sellers are stepping in RETEST: → Price returns to a level that was previously broken → Requires all lookback bars to have been on one side (away from zone) → Current bar must touch the zone → This is the classic "support becomes resistance" or "resistance becomes support" confirmation ABSORPTION (Lowest Priority): → Multiple consecutive bars with bodies inside the zone → Average body size is small relative to average range (less than 45%) → Indicates accumulation or distribution is occurring within the zone → Often precedes significant directional moves Behaviors persist in the label until a new behavior is detected. When price moves away from the zone, the last detected behavior remains visible, giving context about the most recent significant interaction. --- RECOMMENDED TIMEFRAMES AND SETTINGS SCALPING (1-minute to 15-minute charts): → Pivot Sensitivity: 2 to 4 → Decay Rate: 0.980 to 0.985 (faster fade for fast markets) → Min Hits: 2 → Focus on Fresh and Seasoned levels DAY TRADING (15-minute to 1-hour charts): → Pivot Sensitivity: 5 to 8 → Decay Rate: 0.990 to 0.992 (default range) → Min Hits: 2 to 3 → Balanced mix of age categories SWING TRADING (4-hour to daily charts): → Pivot Sensitivity: 10 to 15 → Decay Rate: 0.994 to 0.996 (slower fade) → Min Hits: 3 → Focus on Seasoned and Veteran levels POSITION TRADING (daily to weekly charts): → Pivot Sensitivity: 15 to 25 → Decay Rate: 0.997 to 0.999 (very slow fade) → Min Hits: 3 to 4 → Focus on Veteran levels with high heat GENERAL TIPS: → Higher timeframes benefit from increased Pivot Sensitivity → Volatile assets benefit from increased Merge Distance → For cleaner charts, increase Min Hits to Display → For more context, increase Max Memory Slots and Show Top N Levels --- PRACTICAL EXAMPLES EXAMPLE 1 - IDENTIFYING HIGH-PROBABILITY REACTION ZONES: A Dominant-classified zone (gold/yellow) showing 7 or more hits with Veteran age tells you this is a deeply embedded structural level. The market has reacted here many times over hundreds of bars and the level continues to maintain high heat. When price approaches this zone, the probability of a meaningful reaction is elevated compared to a Developing zone with 2 hits. EXAMPLE 2 - CONFIRMING A BREAKOUT: Price approaches a Strong resistance zone. The label updates to show "Break ↑" as price closes decisively above. The dashboard STATUS column changes from "0.5% below" to "BRK↑". If price later returns to this zone and the label shows "Retest ↑", this confirms the classic resistance-to-support flip pattern. The zone's wasBroken flag ensures Retest detection only activates after a confirmed Break. EXAMPLE 3 - SPOTTING LIQUIDITY SWEEPS: A high-heat zone sits above price. Price spikes through the zone with a long upper wick but closes back inside or below. The label displays "Sweep ↓" indicating a potential stop-hunt pattern. The wick exceeded 1.5 times the zone height beyond its edge and the upper wick dominated the candle's body - both requirements for Sweep classification. EXAMPLE 4 - READING VOLUME CONVICTION: Two zones appear near current price. Zone A shows "2.8x" relative volume while Zone B shows "0.6x". The reactions that built Zone A attracted nearly 3 times the average bar volume, suggesting strong institutional interest. Zone B's reactions occurred on below-average volume, suggesting less conviction. This context helps prioritize which zone is more likely to produce a meaningful reaction. EXAMPLE 5 - USING LEVEL AGE FOR CONTEXT: A Veteran level (more than 200 bars old) that still maintains high heat has survived hundreds of decay cycles. Each cycle multiplies its heat by 0.992 (default). After 200 bars of decay without any new reactions, heat would fall to roughly 20% of its peak. For a Veteran level to remain Dominant, it must have received consistent reinforcement over time - indicating genuine structural significance rather than a one-time event. --- Chart Example 1. Price on the S&P 500 E-mini Futures 15-minute chart is consolidating within a tight range between two heavily-tested Veteran zones, with the gold Dominant level acting as a persistent floor and an orange 22-hit Veteran zone overhead cycling through live behaviors as price repeatedly tests it from below. A structured ladder of purple Developing and red Active zones extends well below current price, with a Retest ↓ pattern visible at a mid-range level indicating a previously broken area is now being revisited from above. The dashboard confirms 17 memory levels tracked with 8 visible, the top-ranked Dominant zone holding a full heat bar and Break ↑ in its STATUS column throughout the session. 2. Price on the Nifty 50 Index 5-minute chart surged strongly through a cluster of high-heat gold zones during the session, reaching a peak at a thin Developing resistance level before pulling back sharply into a contested area between a Dominant zone and a Strong zone sitting just below it. The upper region shows two gold/yellow zones in close proximity - a Dominant and a Strong, both with Sweep behaviors active in their labels, indicating a liquidity grab above followed by a sharp reversal back into the zone cluster. The dashboard shows two Dominant-classified levels in the top two ranks, with a rich mix of Veteran and Seasoned ages confirming this price area carries deep structural memory. --- SETTINGS REFERENCE CORE SETTINGS: → Pivot Sensitivity - Bars on each side to confirm a swing. Lower = more sensitive, more levels. → Merge Distance - How close two reactions must be (in ATR multiples) to merge into one level. → ATR Period - Period for volatility normalization (default 14). MEMORY SETTINGS: → Decay Rate - Per-bar multiplier for heat decay. 0.992 = balanced default. → Heat Per Reaction - Base heat added per confirmed reaction. Modified by volume weighting. → Death Threshold - Minimum heat to survive. Below this, the level is removed. → Max Memory Slots - Maximum simultaneous levels tracked (default 20). → Min Hits to Display - Reactions required before a zone becomes visible (default 2). → Show Top N Levels - Maximum zones rendered on chart (default 8). DETECTION SETTINGS: → Wick Rejections - Enable wick-based reaction detection (adds heat at half rate of pivots). → Min Wick Ratio - Required wick percentage for wick reactions (default 55%). → Volume-Weighted Heat - Weight reactions by relative volume. → Behavior Detection - Enable real-time pattern classification at zones. → Behavior Lookback - Bars analyzed for behavior patterns (default 3). APPEARANCE SETTINGS: → Color Theme - Dark (purple to gold gradient), Light (gray to red), Classic S/R (green/red). → Zone Thickness - Visual height of zones as ATR fraction. → Glow Effect - Soft outer halo that intensifies near price. → Proximity Radius - Distance at which proximity effects activate. LABEL SETTINGS: → Show Zone Labels - Toggle zone information labels. → Label Mode - Information density (Minimal, Standard, Detailed, Large). → Show Hit Count - Include reaction count in labels. → Show Relative Volume - Include volume multiplier in labels. → Reaction Dots - Show dots at exact reaction prices (off by default for chart clarity). DASHBOARD SETTINGS: → Show Dashboard - Toggle the summary table. → Position - Screen position (8 options). → Text Size - Font size (Tiny, Small, Normal). → Rows - Number of levels shown in dashboard (default 5). --- ALERTS Three alert conditions are available: "Price entered hot zone" - Triggers when price enters a high-heat zone with 3 or more hits and heat above 50% of maximum. Useful for monitoring approaches to significant levels. "New behavior detected" - Triggers when a new behavior pattern (Rejection, Sweep, Break, Retest, Absorption) is classified at any visible level. Useful for real-time event notification. "New reaction" - Triggers when a new pivot is confirmed. Useful for tracking all reaction events across all levels. All alerts describe observed events. They do not predict future price movement or generate buy/sell signals. --- IMPORTANT NOTES RETROACTIVE ANCHORING: Pivot-based levels are confirmed after the Pivot Sensitivity number of bars have passed. The level is drawn at the true swing bar but only becomes known after confirmation. This is standard pivot behavior used across all pivot-based indicators and does not constitute future data usage. VOLUME DATA AVAILABILITY: Some assets, particularly certain forex pairs, may not report volume data. When volume is unavailable, relative volume displays show "-" and volume weighting is automatically disabled. The indicator functions fully without volume data. EARLY CHART BEHAVIOR: Zones and behavior labels may be sparse early in chart history. The indicator needs sufficient bars to detect pivots, accumulate heat, and meet the minimum hit count. Allow at least 100 bars for the system to populate meaningfully. PERFORMANCE: Reaction dots (when enabled) are only rendered within the most recent 500 bars to maintain chart performance. All memory calculations remain unaffected regardless of dot visibility. --- DISCLAIMER This indicator is provided for educational and analytical purposes only. It visualizes historical price reaction zones and does not predict future price movement, generate buy/sell signals, or constitute financial advice. Past reactions at specific price levels do not guarantee future behavior. Market conditions change and levels that held previously may fail in the future. Always conduct your own analysis, use proper risk management, and never risk more than you can afford to lose. The author assumes no liability for any trading decisions made using this tool. Trading involves significant risk of loss. Use this indicator as one component of a comprehensive trading approach, not as a standalone decision-making system. --- BullByte
Pine Script® indicator
by BullByte
2
Multi-Timeframe Order BlocksDesigned to identify and visualize key supply and demand zones based on order block theory across multiple timeframes. The indicator detects order blocks by analyzing sequential candle patterns and price movement thresholds to highlight potential reversal or continuation zones where institutional buying or selling activity may have occurred. The indicator works by scanning for clusters of consecutive bullish or bearish candles followed by a significant price move, which signals the formation of an order block. It then plots these zones as colored boxes on the chart—green for demand (bullish order blocks) and red for supply (bearish order blocks). The zones can be based on candle bodies or wicks, depending on user preference, and the indicator supports multi-timeframe analysis by allowing optional higher timeframe inputs. How It Works: Sequential Candle Detection: The indicator looks for a specified number of consecutive bullish or bearish candles (configurable by the user) to identify potential order blocks. Price Movement Threshold: It checks if the price movement after the order block formation exceeds a user-defined percentage threshold, ensuring only significant zones are marked. Zone Plotting: Once an order block is confirmed, the indicator draws a supply or demand zone as a box on the chart, using either candle bodies or wicks for zone boundaries. Multi-Timeframe Support: Users can optionally specify higher timeframes to incorporate broader market context, enhancing the reliability of the zones. Zone Management: The indicator limits the number of zones displayed to avoid clutter, automatically removing the oldest zones when the maximum count is exceeded. How to Interpret: Demand Zones (Green Boxes): These represent areas where buying pressure was strong enough to create a bullish order block. Price often finds support here, making these zones potential entry points for long trades or areas to watch for price bounces. Supply Zones (Red Boxes): These indicate areas of strong selling pressure forming bearish order blocks. Price may face resistance in these zones, which can be used as potential exit points for longs or entry points for shorts. Multi-Timeframe Confirmation: Zones identified on higher timeframes tend to be stronger and more reliable. Use the optional higher timeframe inputs to align your trades with broader market trends. Use with Other Indicators: Combine order block zones with volume, momentum, or trend indicators to improve trade confirmation and risk management. Zone Breaks: A decisive break and close beyond a supply or demand zone may signal a shift in market sentiment and potential trend continuation or reversal. Disclaimer This indicator is provided for educational and informational purposes only and does not constitute financial advice. Trading involves significant risk, and it is possible to lose more than your initial investment. Users should conduct their own research and consider their financial situation carefully before making any trading decisions. The developer and publisher of this indicator are not responsible for any trading losses or damages incurred. Always use proper risk management and consult with a licensed financial advisor if needed.
Pine Script® indicator
by RWCS_LTD
1
Liquidity Levels Pro Tool - thewallranka Liquidity Levels Pro Tool is a market-structure and liquidity-mapping indicator designed to help discretionary futures and index traders identify statistically relevant price levels where reactions, continuations, or liquidity sweeps are more likely to occur. This script is a decision-support tool, not a signal generator. It does not issue buy/sell alerts or predict future price movement. Instead, it organizes and scores liquidity information so traders can make their own contextual decisions. What this indicator does The script continuously detects and maintains liquidity zones derived from price pivots, then evaluates those zones using multiple structural and contextual factors: Repeated price interaction (touches) Freshness (time since last interaction) Confluence with key reference levels Reaction behavior after contact Session relevance (RTH vs overnight) Market regime (trend vs mean reversion) Time-of-day effects (open, midday, power hour) Only the most relevant zones—based on a dynamic scoring system—are displayed to reduce chart clutter and focus attention on levels that have historically mattered. Core components 1. Liquidity Zones Zones are built from pivot highs and lows and expanded into areas using a configurable tick-based padding. Nearby zones are merged to avoid redundancy. Each zone is continuously evaluated and assigned a score (0–100) reflecting its relative importance. 2. Zone Scoring (No Lookahead) Zone scores are based on: Number of confirmed interactions Recency of the last touch Confluence with prior day/week levels, VWAP, and Opening Range Reaction quality after touches (speed and follow-through) Session alignment (zones that “work” in the current session are favored) Penalties after liquidity sweeps Zones are not forward-looking and do not rely on future data. 3. Context Engine The script classifies the current environment using VWAP slope and distance: Trend (up or down) Mean reversion Mixed/transition Time-of-day context (Open, Midday, Power Hour) is also tracked internally and influences zone scoring. This context is displayed in the HUD to support situational awareness, not automated decisions. 4. Liquidity Sweeps Optional sweep detection highlights situations where price trades beyond a zone and closes back inside, indicating potential stop runs or failed breakouts. Sweeps are rate-limited and applied conservatively to avoid visual noise. 5. Trade Planning Levels (Optional) When enabled, the script highlights the nearest high-quality liquidity level above and below price based on score thresholds. These are intended as reference targets, not trade entries or exits. HUD (Heads-Up Display) The on-chart HUD summarizes: Key reference levels (prior day/week, Opening Range) Nearest strong liquidity above/below price Market regime and time-of-day context Distance to levels (ticks or points) The HUD is fully optional, positionable, and includes resizable modes (Small / Medium / Large) to fit different chart layouts. How to use this tool This indicator is best used as part of a discretionary trading process, for example: Identifying areas where price is more likely to react or pause Framing trades around higher-quality structure instead of arbitrary levels Filtering setups based on session and regime context Managing expectations near known liquidity rather than chasing price It is intentionally designed not to provide trade signals. Limitations and important notes This script does not predict outcomes or guarantee reactions High-scoring zones can still fail Liquidity behavior is context-dependent and probabilistic No performance claims or backtested results are provided The indicator should not be used in isolation Past behavior does not imply future results. Chart and usage notes The script is intended for standard time-based charts Recommended for liquid futures and index products Use a clean chart for clarity when publishing or sharing No external indicators are required Final note Liquidity Levels Pro (Tool) — v6 is designed to organize complex market structure into a clear, readable framework, allowing traders to focus on execution and risk management rather than raw level detection. This script reflects an analytical approach to intraday liquidity and structure, not an automated trading system.
Pine Script® indicator
by thewallranka
Multi Timeframe Bollinger Bands Spectrum [Ata]Multi-Timeframe Bollinger Bands Spectrum Technical Overview This script integrates multi-timeframe volatility analysis with volume-derived order flow estimation. By combining Bollinger Bands (statistical deviation) with internal candle volume logic, the indicator qualifies price movements to differentiate between sustained trends, reversals, and exhaustion events. The system is designed to provide a structural context for price action, visualizing market regimes through a dual-zone spectrum and filtering signals based on the interaction between price location and specific volume thresholds. Core Logic & Calculation 1. Volume Decomposition Algorithm Instead of using total volume, the script estimates Buying Pressure vs. Selling Pressure based on the close position relative to the candle's High/Low range: - Buying Volume (vb): Increases as the close approaches the High. - Selling Volume (vs): Increases as the close approaches the Low. This logic allows the detection of directional flow even within standard volume bars. 2. Statistical Spectrum The indicator renders deviations from the Basis (SMA) as two distinct zones: - Bullish Zone (Blue): Price positioning between the Basis and Upper Band. - Bearish Zone (Red): Price positioning between the Basis and Lower Band. This structure is applied across multiple timeframes (overlay) to visualize the macro trend context without noise. 3. Non-Repainting Execution To ensure historical accuracy and reliability for backtesting, all higher-timeframe data is requested using "lookahead_off". Signals are confirmed only upon the closure of the respective timeframe's candle. Signal Definitions Signals are generated only when specific Volatility and Volume conditions intersect: Reversal Setups (Reaction to Liquidity) - WALL: Triggered when price rejects the Upper Band accompanied by Extreme Selling Volume (vs > Limit). This suggests active limit sell orders absorbing the rally. - FLOOR: Triggered when price rejects the Lower Band accompanied by Extreme Buying Volume (vb > Limit). This suggests active limit buy orders absorbing the drop. - ABSORP: Identifies absorption near the lower bands where selling pressure is met with passive buying (indicated by lower wicks and relative buy volume). Momentum Setups (Trend Continuation) - POWER: Validates a breakout above the Upper Band only if supported by Dominant Buying Volume and a strong candle body. - PANIC: Validates a breakdown below the Lower Band only if supported by Dominant Selling Volume. - TRAP: Marks failed breakouts where price exits the bands but volume analysis contradicts the move (e.g., low directional volume). Exhaustion Setups (Statistical Extremes) - CLIMAX/CRASH: Identifies anomalies where price deviates significantly from the mean (Extreme Deviation) or when volume reaches unsustainable levels relative to the average, often preceding a mean reversion. Input Parameters - Bollinger Logic: Configuration for Length and Standard Deviation Multiplier. - Volume Thresholds: Adjustable factors for Minimum Volume (Trend) and Extreme Volume (Reversal/Climax). - Timeframe Layers: Toggle visibility for up to 5 higher timeframes. - Theme: Adjusts label contrast for Dark/Light backgrounds. Disclaimer This indicator is strictly for analytical purposes. It provides a visualization of past market data based on statistical and volumetric formulas. Users should apply their own risk management protocols.
Pine Script® indicator
by ata_sabanci
4
Hidden Zone Detector AI - Crypto/Forex/StockHidden Zone Detector AI - Crypto Forex Stock Hidden Zone Detector AI is a professional TradingView indicator designed to find hidden supply and demand zones across markets — crypto, forex and stocks — and surface high-probability areas earlier than classical pivot-only methods. It combines price structure analysis, volatility/ATR sizing, volume profiling and multi-mode AI heuristics (Fast / Balanced / Accurate) to generate prediction zones, highlight tested areas, and visually mark zone breakouts. Built with practical trader workflow in mind: configurable anti-repaint options, adaptable Light/Dark UI, clear labels, and candle-coloring for immediate visual context. How it works • Detects hidden zones by scanning pivot formations and finding internal “hidden” bars that represent real institutional activity (not just visible swing points). • Scores zones by size (ATR-relative), volume, and touch characteristics to produce a strength percentage (Weak/Medium/Strong). • AI heuristics aggregate price, momentum, moving averages, RSI/MACD signals and volume patterns to propose prediction zones — adjustable for speed vs. accuracy. • Zones are drawn as persistent boxes with optional midlines, labels, and tailored styling when broken or tested. Main advantages • Early edge: finds hidden zones that often act before obvious pivots. • Actionable visuals: labeled zones, color-coded candles, and breakout styling speed decision-making. • Flexible AI modes: choose Fast for responsiveness, Balanced for day-to-day use, or Accurate for stricter signals. • Anti-repaint controls: require confirmed bars for predictions to improve signal reliability. • Multi-market ready: tuned for crypto, forex and stock chart behavior. • Light/Dark friendly: UI color handling ensures labels remain readable on any chart background. • Open & reusable: released under Mozilla Public License 2.0 (MPL-2.0) — use and adapt freely with attribution. Best practices & tips • Start with Balanced mode and sensitivity ~5; increase sensitivity for earlier but noisier predictions. • Use prediction confirmation (Require AI Prediction Confirmation) for lower repaint risk. • Combine zone reads with higher-timeframe context and orderflow/volume tools for stronger entries. • Adjust max active zones and opacity to keep charts clean on lower timeframes. License & author Mozilla Public License 2.0 (MPL-2.0). Author: a_jabbaroff — created with care for the TradingView community and fellow traders.
Pine Script® indicator
by a_jabbaroff
2
Smart Money Volume Matrix [Ata]Smart Money Volume Matrix The Smart Money Volume Matrix (SMV Matrix) is an advanced volume-spread analysis (VSA) dashboard and charting tool designed to identify significant market anomalies by analyzing the relationship between price extremes and volume flow. Unlike traditional indicators that rely solely on moving averages or oscillators, this tool performs a "Snapshot Analysis" of a defined lookback period (default: 100 bars) to rank price action based on Order Flow Dominance. It isolates the Top 10 Highest and Lowest Close prices and scrutinizes the volume behind them to categorize market sentiment into four distinct phases: Distribution, No Demand, Absorption, and Exhaustion. Core Logic & Methodology The script operates on a Zero-Lag Snapshot Engine. It does not print historical signals bar-by-bar; instead, it evaluates the current market structure relative to the recent history (Lookback Period). 1. Ranking Engine: The script scans the lookback period to find the Top 10 Highest Closes and Top 10 Lowest Closes. 2. Volume Classification: For each ranked bar, it calculates the "Intrabar Buy/Sell Volume" (or approximates it using candle geometry if Intrabar data is unavailable). 3. Dominance Detection: It compares Buying Volume vs. Selling Volume to determine who is in control at critical price levels. Signal Classifications (VSA Logic) The indicator generates labels on the chart and updates the dashboard table based on the following logic: 1. At Price Tops (Resistance Areas): - Distribution (Supply): High Price + High Total Volume + Sellers Dominant. Interpretation: Indicates heavy institutional selling into rising prices. Often precedes a reversal. - Buy Climax: High Price + High Total Volume + Buyers Dominant. Interpretation: Extreme buying frenzy. While bullish, it often marks a "trap" or temporary top due to exhaustion. - No Demand: High Price + Low Volume. Interpretation: Prices drifted higher but lack institutional participation. A sign of weakness. 2. At Price Bottoms (Support Areas): - Absorption: Low Price + High Total Volume + Buyers Dominant. Interpretation: Institutional money is absorbing selling pressure (passive buying). A strong sign of accumulation. - Panic Sell: Low Price + High Total Volume + Sellers Dominant. Interpretation: Extreme fear. High volume at lows typically indicates capitulation and potential hands-changing. - Exhaustion: Low Price + Low Volume. Interpretation: Selling pressure has dried up. The market may float upward due to lack of sellers. Key Features - Dashboard Matrix Table: Displays the exact Close Price, Buy/Sell Volume, and Market State (Group) for the Top 10 ranking bars. Smart Footer: Automatically detects the active "Resistance Zone" (derived from G1 Distribution levels) and "Support Zone" (derived from G3 Absorption levels) and reports the current price status relative to these zones (e.g., "Testing Resistance", "Breakout", "At Support"). - Smart Zones (Auto S/R): Automatically draws Support and Resistance boxes extending into the future based on the most significant volume clusters found in the rankings. Includes logic to detect "Flips" (e.g., when Support breaks, it is labeled as a flip to Resistance). - Average Trend Channels: Calculates a Linear Regression trend line based specifically on the coordinates of the Top 10 Highs and Top 10 Lows, providing a "Best Fit" channel for the current market structure. - Visual Clarity: Labels utilize a "Smart Stacking" algorithm to prevent overlap on the chart. Guide lines connect labels to their respective candles for precise identification. Settings & Configuration - Matrix Settings: Lookback Period (default 100 bars) and Top Rank Count. - Volume Engine: Choose between "Intrabar (Precise)" for accurate order flow or "Geometry (Approx)" for standard volume estimation. - Visuals: Toggle Table, Labels, Lines, Zones, and Trend Lines. Adjust transparency and font sizes. IMPORTANT NOTE ON SNAPSHOT LOGIC This indicator is designed as a Real-Time Dashboard. It continuously updates the "Top 10" list as new candles form. Therefore, a label that appears on a candle may disappear if that candle falls out of the Top 10 ranking or leaves the lookback window. This is intended behavior to ensure the chart always reflects the current most critical levels, rather than a historical record of past signals. It is best used for live market analysis rather than historical back testing. Disclaimer: This tool is for educational and analytical purposes only. Volume analysis is subjective and should be used in conjunction with other methods of technical analysis.
Pine Script® indicator
by ata_sabanci
8
Smarter Money Concepts - OBs [PhenLabs]📊 Smarter Money Concepts - OBs Version: PineScript™ v6 📌 Description Smarter Money Concepts - OBs (Order Blocks) is an advanced technical analysis tool designed to identify and visualize institutional order zones on your charts. Order blocks represent significant areas of liquidity where smart money has entered positions before major moves. By tracking these zones, traders can anticipate potential reversals, continuations, and key reaction points in price action. This indicator incorporates volume filtering technology to identify only the most significant order blocks, eliminating low-quality signals and focusing on areas where institutional participation is likely present. The combination of price structure analysis and volume confirmation provides traders with high-probability zones that may attract future price action for tests, rejections, or breakouts. 🚀 Points of Innovation Volume-Filtered Block Detection : Identifies only order blocks formed with significant volume, focusing on areas with institutional participation Advanced Break of Structure Logic : Uses sophisticated price action analysis to detect legitimate market structure breaks preceding order blocks Dynamic Block Management : Intelligently tracks, extends, and removes order blocks based on price interaction and time-based expiration Structure Recognition System : Employs technical analysis algorithms to find significant swing points for accurate order block identification Dual Directional Tracking : Simultaneously monitors both bullish and bearish order blocks for comprehensive market structure analysis 🔧 Core Components Order Block Detection : Identifies institutional entry zones by analyzing price action before significant breaks of structure, capturing where smart money has likely positioned before moves. Volume Filtering Algorithm : Calculates relative volume compared to a moving average to qualify only order blocks formed with significant market participation, eliminating noise. Structure Break Recognition : Uses price action analysis to detect legitimate breaks of market structure, ensuring order blocks are identified only at significant market turning points. Dynamic Block Management : Continuously monitors price interaction with existing blocks, extending, maintaining, or removing them based on current market behavior. 🔥 Key Features Volume-Based Filtering : Filter out insignificant blocks by requiring a minimum volume threshold, focusing only on zones with likely institutional activity Visual Block Highlighting : Color-coded boxes clearly mark bullish and bearish order blocks with customizable appearance Flexible Mitigation Options : Choose between “Wick” or “Close” methods for determining when a block has been tested or mitigated Scan Range Adjustment : Customize how far back the indicator looks for structure points to adapt to different market conditions and timeframes Break Source Selection : Configure which price component (close, open, high, low) is used to determine structure breaks for precise block identification 🎨 Visualization Bullish Order Blocks : Blue-colored rectangles highlighting zones where bullish institutional orders were likely placed before upward moves, representing potential support areas. Bearish Order Blocks : Red-colored rectangles highlighting zones where bearish institutional orders were likely placed before downward moves, representing potential resistance areas. Block Extension : Order blocks extend to the right of the chart, providing clear visualization of these significant zones as price continues to develop. 📖 Usage Guidelines Order Block Settings Scan Range : Default: 25. Defines how many bars the indicator scans to determine significant structure points for order block identification. Bull Break Price Source : Default: Close. Determines which price component is used to detect bullish breaks of structure. Bear Break Price Source : Default: Close. Determines which price component is used to detect bearish breaks of structure. Visual Settings Bullish Blocks Color : Default: Blue with 85% transparency. Controls the appearance of bullish order blocks. Bearish Blocks Color : Default: Red with 85% transparency. Controls the appearance of bearish order blocks. General Options Block Mitigation Method : Default: Wick, Options: Wick, Close. Determines how block mitigation is calculated - “Wick” uses high/low values while “Close” uses close values for more conservative mitigation criteria. Remove Filled Blocks : Default: Disabled. When enabled, order blocks are removed once they’ve been mitigated by price action. Volume Filter Volume Filter Enabled : Default: Enabled. When activated, only shows order blocks formed with significant volume relative to recent average. Volume SMA Period : Default: 15, Range: 1-50. Number of periods used to calculate the average volume baseline. Min. Volume Ratio : Default: 1.5, Range: 0.5-10.0. Minimum volume ratio compared to average required to display an order block; higher values filter out more blocks. ✅ Best Use Cases Identifying high-probability support and resistance zones for trade entries and exits Finding optimal stop-loss placement behind significant order blocks Detecting potential reversal areas where price may react after extended moves Confirming breakout trades when price clears major order blocks Building a comprehensive market structure map for medium to long-term trading decisions Pinpointing areas where smart money may have positioned before major market moves ⚠️ Limitations Most effective on higher timeframes (1H and above) where institutional activity is more clearly defined Can generate multiple signals in choppy market conditions, requiring additional filtering Volume filtering relies on accurate volume data, which may be less reliable for some securities Recent market structure changes may invalidate older order blocks not yet automatically removed Block identification is based on historical price action and may not predict future behavior with certainty 💡 What Makes This Unique Volume Intelligence : Unlike basic order block indicators, this script incorporates volume analysis to identify only the most significant institutional zones, focusing on quality over quantity. Structural Precision : Uses sophisticated break of structure algorithms to identify true market turning points, going beyond simple price pattern recognition. Dynamic Block Management : Implements automatic block tracking, extension, and cleanup to maintain a clean and relevant chart display without manual intervention. Institutional Focus : Designed specifically to highlight areas where smart money has likely positioned, helping retail traders align with institutional perspectives rather than retail noise. 🔬 How It Works 1. Structure Identification Process : The indicator continuously scans price action to identify significant swing points and structure levels within the specified range, establishing a foundation for order block recognition. 2. Break Detection : When price breaks an established structure level (crossing below a significant low for bearish breaks or above a significant high for bullish breaks), the indicator marks this as a potential zone for order block formation. 3. Volume Qualification : For each potential order block, the algorithm calculates the relative volume compared to the configured period average. Only blocks formed with volume exceeding the minimum ratio threshold are displayed. 4. Block Creation and Management : Valid order blocks are created, tracked, and managed as price continues to develop. Blocks extend to the right of the chart until they are either mitigated by price action or expire after the designated timeframe. 5. Continuous Monitoring : The indicator constantly evaluates price interaction with existing blocks, determining when blocks have been tested, mitigated, or invalidated, and updates the visual representation accordingly. 💡 Note: Order Blocks represent areas where institutional traders have likely established positions and may defend these zones during future price visits. For optimal results, use this indicator in conjunction with other confluent factors such as key support/resistance levels, trendlines, or additional confirmation indicators. The most reliable signals typically occur on higher timeframes where institutional activity is most prominent. Start with the default settings and adjust parameters gradually to match your specific trading instrument and style.
Pine Script® indicator
by PhenLabs
6
Big Money by ChartedhighsBig Money by Chartedhighs Script Overview: The "Big Money" indicator is designed to help traders easily identify significant price movements on their charts. This script visually highlights candles where the price change from open to close exceeds a user-defined threshold. It draws attention to these key moments, providing a clear indication of potential big-money moves in the market. Key Features: Customizable Threshold: Allows users to set a specific price change threshold via the input menu (Highlight Threshold). Only candles with a price change greater than or equal to this value are highlighted. Candle Highlighting: Uses color-coded bars to emphasize candles meeting the threshold condition. Candles are highlighted in yellow for immediate visual clarity. Dynamic Box Annotation: Draws a semi-transparent yellow box around highlighted candles. Extends the box dynamically to subsequent bars, providing an area of interest for continued analysis. Labeling for Key Moments: Automatically adds a label ("BigMoney") above highlighted bars to further indicate significant price action. How It Works: The script calculates the price change for each bar (close - open) and compares it to the user-defined threshold. If the price change meets or exceeds the threshold: The bar color changes to yellow. A box is drawn around the candle to highlight the price movement visually. A label is added above the candle to emphasize its significance. The box extends dynamically until the next highlighted candle, allowing users to track zones of activity. Customization Options: Highlight Threshold: Modify the threshold value to suit your trading style or instrument volatility. Use Case: This indicator is ideal for traders looking to identify significant price movements quickly. It helps to locate areas where "big money" might be flowing into the market, offering potential entry or exit opportunities. How to Use: Add the "Big Money by Chartedhighs" script to your TradingView chart. Set the Highlight Threshold to a value suitable for your market or timeframe. Observe highlighted candles and boxes for potential trading signals or areas of interest. This script is highly visual, intuitive, and customizable, making it a great addition to any trader's toolkit!
Pine Script® indicator
by ChartedHighs
3 CANDLE SUPPLY/DEMANDExplanation of the Code: Demand Zone Logic: The script checks if the second candle closes below the low of the first candle and the third candle closes above both the highs of the first and second candles. Zone Plotting: Once the pattern is identified, a demand zone is plotted from the low of the first candle to the high of the third candle, using a dashed green line for clarity. Markers: A small triangle marker is added below the bars where a demand zone is detected for easy visualization. Efficient Logic: The script checks the conditions for demand zone formation for every three consecutive candles on the chart. This approach should be both accurate and efficient in plotting demand zones, making it easier to spot potential support levels on the chart.
Pine Script® indicator
by ChartedHighs
13
Supply & Demand (MTF) | Flux Charts💎 GENERAL OVERVIEW Introducing our new Supply and Demand (MTF) Indicator! This new indicator renders Supply and Demand zones based on momentum candles. It can detect Supply and Demand zones across up to 3 diferent timeframes. It's capable of combining zones, retest & break labels and it's customizable with invalidation and style settings. Features of the new Supply and Demand (MTF) Indicator: Renders Supply and Demand Zones Across 3 Timeframes Combination Of Overlapping Zones Retest & Break Labels Retest & Break Alerts Enable / Disable Historic Zones Visual Customizability 📌 HOW DOES IT WORK ? Supply and Demand is a key concept in trading. It helps traders see the zones that market-makers buy & sell the asset in large amounts. It's detected by finding momentum candles (candles that have large bodies) in a row. Momentum candles are defined to have a larger body than the average candle in the chart, and at least 4 of them in a row is required to draw a supply or demand zone. The zone is drawn from the high wick to low wick of two candles before the first momentum candle in the row. Check this example : These zones are usually where market makers trade the asset in larger amounts. Thus, they act as support & resistance zones by their nature. A retest of these zones can make the price bounce to the opposite direction, while a breakout usually means strong price action momentum is incoming in that direction. Supply zones indicate bearish momentum while demand zones indicate bullish momentum. Check this example : Here a Supply Zone (Bearish) forms. Then price comes back up to test the zone, and it fails to break. After the failed attemp, a stong bearish momentum takes the price back to a lower level. Then another test of the zone occurs and successfully breaks the zone this time. This breakout starts a bullish momentum that takes the price to a higher level. 🚩UNIQUENESS This indicator provides Supply and Demand zones in your chart with pure simplicity. It supports up to 3 different timeframes as we believe supporting your trades with higher timeframes can improve your trading experience. It also gets rid of complexity by combining overlapping zones into a single zone, even if they are from different timeframes! You can also set-up alerts to get notified when a supply or demand zone is being retested, or is broken. Overall, this indicator is the ultimate kit for supply and demand zones. ⚙️SETTINGS 1. General Configuration Max Distance To Last Bar -> The maximum distance that the indicator will render supply and demand zones from. Higher settings mean rendering older supply and demand zones. Zone Invalidation -> Select between Wick & Close price for Supply and Demand Zone Invalidation. Retests & Breaks -> Enable retest & break labels in your chart. Show Historic Zones -> This will show historic supply & demand zones which are invalidated if enabled. You can disable this to only see active supply and demand zones for a simpler chart. 2. Timeframes You can set up to 3 different timeframes and enable / disable them using the checkboxes in this section.
Pine Script® indicator
by fluxchart
22
Institutional Supply and Demand ZonesThis indicator aims to identify price levels where institutional investors have positioned their buy or sell orders. These buy orders establish "demand zones," while sell orders create "supply zones." Identifying these zones enables us to anticipate potential reversals in price trends, allowing us to profitably engage in these significant market movements alongside major institutions. These zones are formed when price action goes from balanced to imbalanced. These zones are based on orders. Unlike standard support and resistance levels, when price breaks below a demand zone or above a supply zone, these zones disappear from the chart. Supply is formed by a green candle followed by a major red candle that is at least double the size of previous green candle. The zone is then charted from the open of the green candle to the highest point in the candle. Vice versa for a demand zone (red into green). These zones are traded by: 1. Look for a volume spike in a zone 2. A trend/trendline break out of the zone
Pine Script® indicator
by asfasf24
36
FVG Detector [TradingFinder] Fair Value Gap-Imbalance-Mitigated🔵 Introduction When the market makes a strong move in the form of a "Marubozu" or "Spike" candlestick and consecutive candles move without a retracement, the maximum place where a "FVG" or "Fair Value Gap" is created. 🔵 Definition To describe this precisely, whenever a move occurs where the current candle does not cover the body of the previous and subsequent candles, a fair value gap is created. Important : The significant point is that, because there is no equilibrium between buyers and sellers in these conditions, and market power is in the hands of buyers or sellers, the market is likely to move towards these areas. An example of "FVG" in a price increase where we expect buying on the return to it. An example of "FVG" in a downward trend where the market will move towards it in a downward direction. 🔵 How to Use 🟣 Bearish FVG In a downward trend, "orange boxes" are drawn, which are the same and can act as "support" zones along the downward path, and we expect the price to continue its downward trend on return. 🟣 Bullish FVG In an upward trend, "green boxes" are drawn, which are . They act exactly like support in the upward path, and we expect the price to continue its upward trend on return. 🟣 Auxiliary Definitions Imbalance : As mentioned above, market power is in the hands of one of the two sides, buyers or sellers, and a non-equilibrium zone is created. It may be completed in whole or in part in subsequent price movements. Mitigated : If the price returns to the "FVG" area and fills it, we call it "Mitigated," and most "pending" or "profit and loss limits" positions are executed. We will not have a specific reaction on the return of the price. 🔵 Settings Very Aggressive : In addition to the initial condition, another condition is added. For an upward FVG, the maximum price of the last candle should be larger than the middle candle's maximum price. Similarly, for a downward FVG, the minimum price of the last candle should be smaller than the middle candle's minimum price. In this mode, a very small number of FVGs are eliminated. Aggressive : In addition to the conditions of the Very Aggressive mode, in this mode, the size of the middle candle should not be small. In this mode, a larger number of FVGs are eliminated. Defensive : In addition to the conditions of the Very Aggressive mode, in this mode, the size of the middle candle should be relatively large, and the majority of it should be made up of the body. Additionally, to identify upward FVGs, the second and third candles must be positive, and to identify downward FVGs, the second and third candles must be negative. In this mode, a large number of FVGs are eliminated, leaving only those with suitable quality. Very Defensive : In addition to the conditions of the Defensive mode, the first and third candles should not be very small-bodied doji candles. In this mode, the majority of FVGs are filtered out, leaving only the highest quality ones. 🔵 Features Show Demand FVG : Displays demand-related boxes, which can be "off" and "on." Show Supply FVG : Displays supply-related boxes along the path, and can be turned "off" and "on." 🔵 Indicator Advantages In this indicator, I have implemented 4 types of "filters" that allow you to select one based on the trading symbol, timeframe, etc. From "Very Aggressive" to "Very Defensive" mode, it is possible to select. In most indicators, all FVGs are displayed, and the chart becomes full of lines. But this unique feature allows the trader to manage the drawing of boxes.
Pine Script® indicator
by TFlab
9
Order Blocks Finder [TradingFinder] Major OB | Supply and Demand🔵 Introduction Drawing all order blocks on the path, especially in range-bound or channeling markets, fills the chart with lines, making it confusing rather than providing the trader with the best entry and exit points. 🔵 Reason for Indicator Creation For traders familiar with market structure and only need to know the main accumulation points (best entry or exit points), and primary order blocks that act as strong sources of power. 🟣 Important Note All order blocks, both ascending and descending, are identified and displayed on the chart when the structure of "BOS" or "CHOCH" is broken, which can also be identified with "MSS." 🔵 How to Use When the indicator is installed, it plots all order blocks (active order blocks) and continues until the price reaches them. This continuation happens in boxes to have a better view in the TradingView chart. Green Range : Ascending order blocks where we expect a price increase in these areas. Red Range : Descending order blocks where we expect a price decrease in these areas. 🔵 Settings Order block refine setting : When Order block refine is off, the supply and demand zones are the entire length of the order block (Low to High) in their standard state and cannot be improved. If you turn on Order block refine, supply and demand zones will improve using the error correction algorithm. Refine type setting : Improving order blocks using the error correction algorithm can be done in two ways: Defensive and Aggressive. In the Aggressive method, the largest possible range is considered for order blocks. 🟣 Important The main advantage of the Aggressive method is minimizing the loss of stops, but due to the widening of the supply or demand zone, the reward-to-risk ratio decreases significantly. The Aggressive method is suitable for individuals who take high-risk trades. In the Defensive method, the range of order blocks is minimized to their standard state. In this case, fewer stops are triggered, and the reward-to-risk ratio is maximized in its optimal state. It is recommended for individuals who trade with low risk. Show high level setting : If you want to display major high levels, set show high level to Yes. Show low level setting : If you want to display major low levels, set show low level to Yes. 🔵 How to Use The general view of this indicator is as follows. When the price approaches the range, wait for the price reaction to confirm it, such as a pin bar or divergence. If the price passes with a strong candle (spike), especially after a long-range or at the beginning of sessions, a powerful event is happening, and it is outside the credibility level. An Example of a Valid Zone An Example of Breakout and Invalid Zone. (My suggestion is not to use pending orders, especially when the market is highly volatile or before and after news.) After reaching this zone, expect the price to move by at least the minimum candle that confirmed it or a price ceiling or floor. 🟣 Important : These factors can be more accurately measured with other trend finder indicators provided. 🔵 Auxiliary Tools There is much talk about not using trend lines, candlesticks, Fibonacci, etc., in the web space. However, our suggestion is to create and use tools that can help you profit from this market. • Fibonacci Retracement • Trading Sessions • Candlesticks 🔵 Advantages • Plotting main OBs without additional lines; • Suitable for timeframes M1, M5, M15, H1, and H4; • Effective in Tokyo, Sydney, and London sessions; • Plotting the main ceiling and floor to help identify the trend.
Pine Script® indicator
by TFlab
52
Supply and Demand Anchored [LuxAlgo]The Supply and Demand Anchored indicator is an anchored version of the popular Supply and Demand Visible Range indicator. Once adding the indicator to the chart, users need to manually select the starting and ending points for the indicator's calculation. The estimated supply/demand zones are then extended. 🔶 USAGE The proposed indicator makes use of the same method highlighted in previous posts (see related scripts section below) to estimate supply and demand zones. When adding the indicator to the chart, users will be prompted to select a starting and ending point for the calculation of the supply and demand zones, click on your chart to select those points. Once calculated, each zone/level will be extended to the right of the chart. These can be used as support/resistance zones. Clicking on one of the graphical elements of the indicator or the indicator title will highlight the starting and ending calculation points, these can be dragged to be set at different locations. 🔶 SETTINGS Threshold %: Percentage of the total visible range volume used as a threshold to set supply/demand areas. Higher values return wider areas. Resolution: Determines the number of bins used to find each area. Higher values will return more precise results. Intra-bar TF: Timeframe used to obtain intra-bar data. 🔶 RELATED SCRIPTS
Pine Script® indicator
by LuxAlgo
10
Supply and Demand Based Pattern [RH]This indicator focuses on detecting RBR and DBD patterns, which signify periods of increased momentum and potential continuation or reversal of the prevailing trend. The RBR pattern consists of a rally (upward movement), followed by a base (consolidation or retracement), and then another rally. It suggests that the upward momentum may persist and provide trading opportunities. On the other hand, the DBD pattern comprises a drop (downward movement), followed by a base, and then another drop. It indicates that the downward momentum might continue, offering potential shorting opportunities. Bullish(RBR) example: Bearish(DBD) example: 1. The bullish (RBR) and bearish (DBD) patterns share the same underlying logic, only differing in their directionality. 2. For both RBR and DBD patterns, the first rise/drop can consist of one or multiple candles. However, in the case of multiple candles, all candles must exhibit a bullish nature for RBR and a bearish nature for DBD. Example: 3. It is a prerequisite for the first rise/drop to include at least one candle with a defined percentage of health, as determined by the user. 4. The base, following the first rise/drop, may comprise one or multiple candles. Example: 5. To maintain consistency, the base is not allowed to retrace beyond 80%, although this value can be adjusted by the user. 6. Similar to the first rise/drop, the second rise/drop in both RBR and DBD patterns can consist of one or multiple candles. However, all candles within this phase must demonstrate a bullish nature for RBR and a bearish nature for DBD. 7. Confirmation of the bullish (RBR) pattern occurs when a candle closes above the high of the first rise. Conversely, the bearish (DBD) pattern is confirmed when a candle closes below the low of the first drop. Example: Alerts can be set for all bullish and bearish pattern or for the first pattern in the range of similar pattern.
Pine Script® indicator
by HasanRifat
23
Volume-based Support & Resistance Zones-V1 By Trade Mastership™ The all-new Support & Resistance Zones indicator, which has been upgraded to offer traders more powerful features and functionality. This innovative indicator identifies high-volume fractal lows or highs to create zones based on the size of the wick for that timeframe's candle. This makes it easy for traders to visualize which price levels are the most significant for either a trend continuation or a reversal when zones are broken and retested. The original script for this indicator was created by Trade Mastership, with additional modifications by L N Behera. Credit goes to both of them for the majority of the logic behind this script. Since then, the script has been improved with several changes, including: Changing the default S/R lines from plots to lines, and giving users the option to change between solid, dashed, or dotted lines for both S/R lines Adding additional timeframes and more options for TF1, beyond the current TF. Now, users have four timeframes to plot S/R zones from Giving users the option to easily change the line thickness for all S/R lines Making it easier to change the colors of S/R lines and zones by consolidating the options under settings (rather than under style) Adding extensions to active SR Zones to extend all the way right Adding the option to extend or not extend the previous S/R zones up to the next S/R zone Adding optional timeframe labels to active S/R zones, with left and right options, as well as the option to adjust how far to the right the label is set Fixing an issue where the higher timeframe S/R zone was not properly starting from the high/low of fractal. Now, any higher timeframe S/R will begin exactly at the High/Low points. Note that this may not work perfectly on stocks, and if a fractal high/low is too many bars in the past, it will revert to a default max bars back to avoid script errors. Adding a function to prevent S/R zones from lower timeframes displaying while on a higher timeframe. This helps clean up the chart quite a bit. Creating arrays for each timeframe's boxes and lines so that the number of S/R zones can be controlled for each timeframe and limit memory consumption. Adding new alert options and customized alert messages Here's how this indicator works: it looks for fractal highs or fractal lows with volume that pierces above the volume's Moving Average. This moving average value can be modified in the settings for each timeframe. The fractal highs will be confirmed with three successive higher highs followed by two successive lower highs and vice versa for the fractal lows. The zone is created from the fractal high/low and the close of the candle for whatever timeframe you selected. The bigger the zone, the more significant that zone is. Traders can disable any zone, change the zones to show lines only, and modify all the colors, transparencies, and thickness of lines for all the zones. To create alerts, traders can enable the types of alerts they want for each timeframe in the indicator's settings. After applying changes, right-click on one of the zones on the chart, and click "Add Alert on Vol S/R Zones." You do not need to add a title, as the correct alert messages are already built-in. The latest update has migrated the script to Pine Script Version 5 and added a higher number of total boxes/lines to show on the chart. It has also increased the max bars count to the maximum Pine Script allows, enabling traders to utilize as many bars as possible when drawing the left side of SR zones that are very far back on the chart. Additionally, the update fixed issues where the indicator would not load on 1 minute and 3-minute charts unless higher timeframe SR zones
Pine Script® indicator
by tradexcelacademy
1
Auto Fib ZonesAuto Fib Zones is a extension of the ABC finder script that I released. It uses the pivot point system I developed in the ABC finder to identify major or significant trending moves in the market. It will then draw the fibzones for the trend line. The fib zone will auto update for as long as the trend line continues (size will keep increasing). The zones will continue to extend to the right along with price until it is tested. The start of the green teal zone is the 0.618 and fills to the 0.786 and the Blue zone is the 0.786 and fills to the trend start or 1 value of the fib. You can adjust the Bars Back variable to require more or less candles to create/ validate a new trend. In the screen shot about it is set to 50 bars however I've seen good results on higher timeframes like 4h + with 15 bars as the setting. This is basically ITC's Optimal Trade Entry concept at least that is what the original inspiration for modifying my base script was. As always hope it helps. God bless
Pine Script® indicator
by melodicfish
4
Support Resistance Channels/Zones Multi Time FrameHello All, For long time I have been getting a lot of requests for Support/Resistance Multi Time Frame script. Here ' Support Resistance Channels/Zones Multi Time Frame ' is in your service. This script works if the Higher Time Frame you set is higher than the chart time frame. so the time frame in the options should be higher than the chart time frame. The script checks total bars and highest/lowest in visible part of the chart and shows all S/R zones that fits according the highest/lowest in visible part. you can see screenshots below if it didn't make sense or if you didn't understand Let see the options: Higher Time Frame : the time frame that will be used to get Support/Resistance zones, should be higher than chart time frame Pivot Period : is the number to find the Pivot Points on Higher time frame, these pivot points are used while calculating the S/R zones Loopback Period : is the number of total bars on higher time frame which is used while finding pivot points Maximum Channel Width % : is the percent for maximum width for each channel Minimum Strength : each zone should contain at least a 1 or more pivot points, you set it here. (Open/High/Low/Close also are considered while calculating the strength) Maximum Number of S/R : the number of maximum Support/Resistance zones. there can be less S/Rs than this number if it can not find enough S/Rs Show S/R that fits the Chart : because of we use higher time frame, you should enable this option then the script shows only S/Rs that fits the current chart. if you disable this option, all S/R zones are shown and it may shrink the chart. also you may not see any S/R zone if you don't choose the higher time frame wisely ;) Show S/R channels in a table : if you enable this option (by default it's enabled) then lower/upper bands of all S/R zones shown in a table ( even if it doesn't fit the chart ). you can change its location. zones are sorted according to their strengths. first one is the strongest. and the other options is about colors and transparency. Screenshots before and after zoom-out: after zoom-out number of visible bars and highest/lowest change and it shows more S/R zones that fits the current chart! if you see Support Resistance zone like below then you should decrease ' Maximum Channel Width ' or you should set higher time frame better: You can change colors and transparency: You can change Table location: Alerts added :) P.S. I haven't tested it so much, if you see any issue please drop a comment or send me message Enjoy!
Pine Script® indicator
by LonesomeTheBlue
121