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Volume Indicator

Price-Volume Correlation Strength (PVC)Overview The Price-Volume Correlation Strength (PVC) indicator is a behavioral-analysis tool that quantifies the relationship between price movement and volume participation to distinguish t rue directional moves from false momentum or exhaustion traps . It combines dynamic price–volume correlation logic, signal clustering, liquidity-sweep detection, and multi-day reference levels into a single, data-driven framework that adapts across all markets and timeframes. ⸻ 1️⃣ Core Logic — Price vs Volume Correlation At the heart of PVC is the belief that price without volume confirmation is deception . The script evaluates whether volume supports or contradicts price direction using a rolling volume average and short-term price delta: Price Direction Volume Behavior ↑ Price + ↑ Volume True Bull Move ✅ — Healthy rally with strong participation ↑ Price + ↓ Volume False Bull Move ⚠️ — Buyer exhaustion or fake breakout ↓ Price + ↑ Volume True Bear Move ✅ — Active selling pressure ↓ Price + ↓ Volume False Bear Move ⚠️ — Short covering / weak decline Candles are automatically color-coded so that traders can instantly identify whether the current move is being supported (lime/red) or rejected (gray) by the underlying volume dynamics. 2️⃣ Signal Module — Trend Confirmation & Reversal PVC tracks sequences of consecutive “true” bars to generate BUY or SELL signals once momentum aligns with sustained volume confirmation. A built-in signal-strength filter (user-adjustable) ensures that only moves with multi-bar confirmation are considered. Signals are non-repainting: once triggered, they persist until an opposite direction is confirmed. 3️⃣ Liquidity Sweep Engine Markets often manipulate recent highs/lows to trigger stops before true reversals begin. The Liquidity Sweep Engine detects these events by comparing current highs/lows to prior extremes and validating them with above-average volume bursts . • Bullish Sweep (Blue dot below bar): liquidity taken below prior lows, buyers absorb volume → potential reversal up. • Bearish Sweep (Blue dot above bar): liquidity taken above prior highs, sellers absorb volume → potential reversal down. This module helps traders recognize Smart Money traps and stop-hunt zones that precede major turning points. 4️⃣ Adaptive Dashboard A compact, on-chart dashboard summarizes the market state in real time: • Price Direction — UP / DOWN / FLAT • Volume Trend — RISING / FALLING • Move Validity — True / False Move • Signal Status — Active Buy / Sell / Mixed • Recent Sweeps — Bull / Bear / Both / None Border and grid colors are user-configurable for visual clarity. ⸻ 5️⃣ Multi-Day OHLC & VWAP Suite To complement the intraday correlation engine, PVC integrates a Multi-Day OHLC module that automatically projects up to 10 previous-day levels (High, Low, Close, and VWAP). These act as natural liquidity magnets and reaction zones where price often pauses or reverses. Users can customize: • Line colors for each level type • Universal or per-type line thickness • Number of days to display (1–10) This turns the indicator into a complete context map—linking current price–volume behavior with historical reference levels. ⸻ 6️⃣ Alerts & Practical Use Built-in alerts trigger on: • True Bull Move / True Bear Move (momentum confirmation) • Buy / Sell Signals (multi-bar strength filter) • Bullish / Bearish Liquidity Sweep (stop-hunt detection) Best use cases • Identify whether a breakout is real or fading before entering. • Confirm reversals with simultaneous volume confirmation + liquidity flush. • Combine with VWAP or structure tools to align with institutional footprints. ⸻ 7️⃣ Why PVC is Original While most volume indicators only show totals or ratios, PVC focuses on behavioral correlation—the timing and agreement between price change and participation. By merging price–volume validation, trap detection, and multi-day liquidity mapping inside one unified system, PVC provides a contextual narrative of market strength that no single classic indicator offers. ⸻ How to Use 1. Apply on any timeframe or instrument. 2. Observe candle colors for confirmation or divergence. 3. Watch the dashboard: when both Price UP + Volume Rising + True Move + Buy Active, the move has strong backing. 4. If “False Move” or “Liquidity Sweep” appears, expect a possible reversal. 5. Align entries with daily VWAP/High/Low zones for confluence. ⸻ ⚠️ Disclaimer This script is for educational and analytical purposes. It does not constitute financial advice or a guaranteed signal system. Always confirm with your broader trading strategy and risk management. ⸻
Pine Script® indicator
by TradeTechanalysis
Volume HeatMap Divergence [BigBeluga]🔵 OVERVIEW The Volume HeatMap Divergence is a smart volume visualization tool that overlays normalized volume data directly on the chart. Using a color heatmap from aqua to red, it transforms raw volume into an intuitive scale — highlighting areas of weak to intense market participation. Additionally, it detects volume-based divergences from price to signal potential reversals or exhaustion zones. Combined with clear visual labeling, this tool empowers traders with actionable volume insights. 🔵 CONCEPTS Normalized Volume Heatmap : Volume is normalized to a 0–100% scale and visually represented as candles below the chart. float vol = volume / ta.percentile_nearest_rank(volume, 1000, 100) * 100 Bar Coloring : Price candles are dynamically colored based on volume intensity. Volume Divergence Logic : Bullish Divergence : Price forms a lower low, but volume forms a higher low. Bearish Divergence : Price forms a higher high, but volume forms a lower high. Dynamic Detection Range : Customizable range ensures divergence signals are meaningful and not random. Volume Labels : Additional info on divergence bars shows both the actual volume and its normalized % score. 🔵 FEATURES Volume Heatmap Plot : Normalized volume values colored using a smooth gradient from aqua (low) to red (high). Price Bar Coloring : Candlesticks on the main chart adopt the same heatmap color based on volume. Divergence Detection : Bullish divergence with label and low marker Bearish divergence with label and high marker Dual Divergence Labels : On the volume plot : Direction (Bull/Bear), raw volume, and normalized % On the price chart : Shape labels showing "Bull" or "Bear" at local highs/lows Custom Inputs : Divergence range (min & max), pivot detection distance (left/right) Toggle to show/hide divergence labels, volume, and % text Clear Bull/Bear Coloring : Fully customizable label and line colors for both bullish and bearish signals. 🔵 HOW TO USE Use the indicator as an overlay to monitor real-time volume strength using the heatmap color. Watch for divergence markers: Bullish divergence: Candle shows higher volume while price makes a new low Bearish divergence: Candle shows lower volume while price makes a new high Use the volume info labels to verify the context of divergence: Actual volume at divergence candle Normalized % of that volume compared to past 1000 bars Adjust pivot sensitivity using "Pivot Left" and "Pivot Right" to tune signal frequency and lag with a right pivot length. Use divergence zones as early warnings for potential reversals or trend shifts. Disable or customize labels in settings depending on your charting preferences. 🔵 CONCLUSION Volume HeatMap Divergence merges heatmap-style volume visualization with intelligent divergence detection — giving traders a clean yet powerful edge. By revealing hidden disconnections between price and participation, it helps users spot exhaustion moves or hidden accumulation zones before the market reacts. Whether you’re a scalper, swing trader, or intraday strategist, this tool offers real-time clarity on who’s in control behind the candles.
Pine Script® indicator
by BigBeluga
11
Force DashboardScalping Dashboard - Complete User Guide Overview This scalping system consists of two complementary TradingView indicators designed for intraday trading with no overnight holds: Force Dashboard - Single-row table showing real-time market bias and entry signals Large Order Detection - Visual diamonds showing institutional order flow Together, they provide a complete at-a-glance view of market conditions optimized for quick entries and exits. Recommended Timeframes Primary Scalping Timeframes 1-minute chart: Ultra-fast scalps (30 seconds - 3 minutes hold time) 2-minute chart: Quick scalps (2-5 minutes hold time) 5-minute chart: Standard scalps (5-15 minutes hold time) Best Practices Use 1-2 minute for highly liquid instruments (ES, NQ, major forex pairs) Use 5-minute for less liquid markets or if you prefer fewer signals Never hold past the last hour of trading to avoid overnight risk Set hard stop times (e.g., exit all positions by 3:45 PM EST) Dashboard Components Explained Core Indicators (Circles ●) MACD (5/13/5) Green ● = Bullish momentum (MACD histogram positive) Red ● = Bearish momentum (MACD histogram negative) Gray ● = No clear momentum Use: Confirms trend direction and momentum shifts EMA (9/20/50) Green ● = Price > EMA9 > EMA20 (uptrend) Red ● = Price < EMA9 < EMA20 (downtrend) Gray ● = Choppy/sideways Use: Identifies the immediate micro-trend Stoch (5-period Stochastic) Green ● = Oversold (<20) - potential reversal up Red ● = Overbought (>80) - potential reversal down Gray ● = Neutral zone (20-80) Use: Spots reversal opportunities at extremes RSI (7-period) Green ● = Oversold (<30) Red ● = Overbought (>70) Gray ● = Neutral Use: Confirms overbought/oversold conditions CVD (Cumulative Volume Delta) Green ● = CVD above its moving average (buying pressure) Red ● = CVD below its moving average (selling pressure) Gray ● = Neutral Use: Shows overall buying vs selling pressure ΔCVD (Delta CVD - Rate of Change) Green ● = CVD accelerating upward (buying acceleration) Red ● = CVD accelerating downward (selling acceleration) Gray ● = No acceleration Use: Detects momentum shifts in order flow Imbal (Order Flow Imbalance) Green ● = Buy pressure >2x sell pressure Red ● = Sell pressure >2x buy pressure Gray ● = Balanced Use: Identifies extreme one-sided order flow Vol (Volume Strength) Green ● = Volume >1.5x average (strong interest) Red ● = Volume <0.7x average (low interest) Gray ● = Normal volume Yellow background = Volume surge (>2x average) - BIG MOVE ALERT Use: Confirms conviction behind price moves Tape (Tape Speed) Green ● = Fast order flow (>1.3x normal) Red ● = Slow order flow (<0.7x normal) Gray ● = Normal speed Yellow background = Very fast tape (>1.5x) - RAPID EXECUTION ALERT Use: Measures urgency and speed of orders Key Levels Support (Supp) Shows the nearest high-volume support level below current price Bright Green background = Price is AT support (within 0.3%) - BOUNCE ZONE Green background = Price above support (healthy) Red background = Price below support (broken support, now resistance) Resistance (Res) Shows the nearest high-volume resistance level above current price Bright Orange background = Price is AT resistance (within 0.3%) - REJECTION ZONE Red background = Price below resistance (facing overhead supply) Green background = Price above resistance (breakout) These levels update automatically every 3 bars based on volume profile Entry Signal Components Score Displays format: "6L" (6 long indicators) or "4S" (4 short indicators) Bright Green = 6-7 indicators aligned for long Light Green = 5 indicators aligned for long Yellow = 4 indicators aligned (weaker setup) Gray = No alignment Red/Orange colors = Same scale for short setups Score of 5+ indicates high-probability setup SCALP (Main Entry Signal) BRIGHT GREEN "LONG" = High-quality long scalp (Score 5+) Green "LONG" = Decent long scalp (Score 4) BRIGHT ORANGE "SHORT" = High-quality short scalp (Score 5+) Red "SHORT" = Decent short scalp (Score 4) Gray "WAIT" = No clear setup - STAY OUT Entry Strategies Strategy 1: High-Probability Scalps (Conservative) When to Enter: SCALP column shows BRIGHT GREEN "LONG" or BRIGHT ORANGE "SHORT" Score is 5 or higher Vol or Tape has yellow background (volume surge) Example Long Setup: SCALP = BRIGHT GREEN "LONG" Score = 6L Vol = Yellow background Price AT Support (bright green Supp cell) EMA, MACD, CVD, ΔCVD, Imbal all green Entry: Enter immediately on next candle Target: 0.5-1% move or resistance level Stop: Below support or -0.3% Hold Time: 2-10 minutes Strategy 2: Momentum Scalps (Aggressive) When to Enter: Tape has yellow background (fast tape) Vol has yellow background (volume surge) ΔCVD is green (for longs) or red (for shorts) Imbal shows strong imbalance in your direction Score is 4+ Example Short Setup: Tape & Vol = Yellow backgrounds ΔCVD = Red, Imbal = Red Price AT Resistance (bright orange) Score = 5S Entry: Enter immediately Target: Quick 0.3-0.7% move Stop: Tight -0.2% Hold Time: 1-5 minutes Strategy 3: Reversal Scalps (Mean Reversion) When to Enter: Stoch shows oversold (green) or overbought (red) RSI confirms the extreme Price is AT Support (for longs) or AT Resistance (for shorts) ΔCVD and Imbal start reversing direction Score is 4+ Example Long Setup: Stoch = Green (oversold) RSI = Green (oversold) Supp = Bright green (at support) ΔCVD turns green Imbal turns green Score = 4L or 5L Entry: Wait for confirmation candle Target: Move back to EMA9 or mid-range Stop: Below the low Hold Time: 3-8 minutes Large Order Detection Usage Diamond Signals Green diamonds below bar = Large buy orders (institutional buying) Red diamonds above bar = Large sell orders (institutional selling) Size matters: Larger diamonds = larger order flow How to Use with Dashboard Confirmation Entries Dashboard shows "LONG" signal Green diamond appears Enter immediately - institutions are buying Divergence Alerts (CAUTION) Dashboard shows "LONG" signal RED diamond appears (institutions selling) DO NOT ENTER - conflicting order flow Cluster Patterns Multiple green diamonds in row = Strong accumulation, stay long Multiple red diamonds in row = Strong distribution, stay short Alternating colors = Chop, avoid trading Risk Management Rules Position Sizing Risk 0.5-1% of account per scalp Maximum 3 concurrent positions Reduce size after 2 consecutive losses Stop Loss Guidelines Tight stops: 0.2-0.3% for 1-2 min charts Standard stops: 0.3-0.5% for 5 min charts Always use stop loss - no exceptions Place stops below support (longs) or above resistance (shorts) Take Profit Targets Target 1: 0.3-0.5% (take 50% off) Target 2: 0.7-1% (take remaining 50%) Move stop to breakeven after Target 1 hit Trail stop if Score remains high Time-Based Exits Exit immediately if: SCALP changes from LONG/SHORT to WAIT Score drops below 3 Large diamond appears in opposite direction Maximum hold time: 15 minutes (even if profitable) Hard exit time: 30 minutes before market close Trading Sessions Best Times to Scalp High-Liquidity Sessions 9:30-11:00 AM EST (Market open, highest volume) 2:00-3:30 PM EST (Afternoon session, good moves) Avoid 11:30 AM-1:30 PM EST (Lunch, low volume) Last 30 minutes (unpredictable, don't initiate new trades) News releases (wait 5 minutes for volatility to settle) Common Patterns & Setups The Perfect Storm (Highest Probability) Score = 6L or 7L SCALP = BRIGHT GREEN Vol + Tape = Yellow backgrounds Green diamond appears Price AT Support Win rate: ~70-80% The Fade Setup (Counter-Trend) Price hits resistance (bright orange) Stoch + RSI overbought (red) Red diamond appears CVD starts turning red SCALP shows "SHORT" Win rate: ~60-70% The Breakout Continuation Price breaks resistance (Res turns green) EMA, MACD green Vol surge (yellow) Multiple green diamonds SCALP = "LONG" Win rate: ~65-75% Warning Signs - DO NOT TRADE Red Flags ❌ SCALP shows "WAIT" ❌ Score below 3 ❌ Vol and Tape both gray (no volume) ❌ Conflicting signals (dashboard says LONG but red diamonds appearing) ❌ Alternating green/red circles (choppy market) ❌ Support and Resistance very close together (tight range) Market Conditions to Avoid Low volume periods Major news releases (first 5 minutes after) First 2 minutes after market open Wide spreads Consecutive losing trades (take a break after 2 losses) Quick Reference Checklist Before Taking ANY Trade: ☑ SCALP shows LONG or SHORT (not WAIT) ☑ Score is 4 or higher ☑ Vol or Tape shows activity ☑ No conflicting diamond signals ☑ Stop loss level identified ☑ Target profit level identified ☑ Not in restricted time periods After Entering: ☑ Set stop loss immediately ☑ Set profit targets ☑ Watch SCALP column - exit if changes to WAIT ☑ Watch for opposite-colored diamonds ☑ Move stop to breakeven after first target ☑ Exit all by market close Advanced Tips Scalping Psychology Be patient: Wait for Score 5+ setups Be decisive: When signal appears, act immediately Be disciplined: Follow your stop loss always Be flexible: Exit quickly if dashboard reverses Optimization Backtest on your specific instrument Adjust RSI/Stoch levels for your market Fine-tune volume thresholds Keep a trade journal to track which setups work best Multi-Timeframe Confirmation Use 5-min dashboard as "trend filter" Take 1-min trades only in direction of 5-min SCALP signal Increases win rate by ~10-15% Troubleshooting Q: Dashboard shows WAIT most of the time Normal - scalping is about patience. Quality > Quantity 3-8 good setups per day is excellent Q: Too many false signals Increase minimum Score requirement to 5 or 6 Only trade with volume surge (yellow backgrounds) Add large order detection confirmation Q: Signals too slow You may be on too high a timeframe Try 1-minute chart for faster signals Ensure real-time data feed is active Q: Support/Resistance not updating Normal - updates every 3 bars If completely stuck, remove and re-add indicator Summary This scalping system works best when: ✅ Multiple indicators align (Score 5+) ✅ Volume and tape speed confirm the move ✅ Order flow (diamonds) confirms direction ✅ Price is at key levels (support/resistance) ✅ You manage risk strictly ✅ You exit before market close The golden rule: When SCALP says WAIT, you WAIT. Discipline beats frequency.
Pine Script® indicator
by jedijamez
BVC - Optimized Trend StrengthOverview BVC-Optimized Trend Strength is a next-generation trend evaluation system designed specifically for the Casablanca Stock Exchange (BVC). It measures the true strength of bullish and bearish pressure using a combination of advanced technical filters: • Trend structure via MM20 & MM50 • Market momentum via RSI • Breakout confirmation using Donchian levels • Volume validation based on BVC liquidity characteristics • Slope strength of the fast moving average • Weighted scoring engine (0 → 100) • Non-repainting BUY/SELL signals • Background regime detection (Bull / Bear / Neutral) It is engineered to be highly configurable, lightweight, and fully adapted to BVC market behavior, where liquidity, breakout reliability, and trend confirmation behave differently from US or European markets. ⸻ How It Works At every bar, the script evaluates 6 categories of trend evidence. Each category contributes a configurable weight to a final Bull Score and Bear Score, each ranging from 0 to 100. Bull Score Components • Price above MM20 • MM20 above MM50 • Positive MA slope • RSI above bullish threshold • Donchian bullish breakout (non-repainting) • Volume confirmation Bear Score Components Exact mirror of the bullish setup. The result is a quantitative trend strength meter that reflects the true pressure behind the market. ⸻ Non-Repainting BUY & SELL Signals Signals only trigger when the calculated score crosses your minimum threshold (default: 60). Labels fire once, at the close of the candle, using: MM crossovers RSI regime shifts Donchian breakouts Trend structure & volume validation All signals are non-repainting, meaning what you see historically is exactly what was printed live. Labels include: BUY • Very Strong (85/100) SELL • Strong (65/100) ⸻ Background Regime Detection The chart background automatically adapts to market conditions: • Green → confirmed bullish regime • Red → confirmed bearish regime • Gray → mixed or transition phase You may customize transparency and behavior. ⸻ Top-Right Dashboard A clean summary panel displays: • Price • MM20 • MM50 • RSI • Bull/Bear scores • Recommended Action: BUY / HOLD, SELL / AVOID or WAIT This gives traders an instant, objective view of market conditions. ⸻ Alerts Built-in TradingView alerts: • BUY Signal • SELL Signal Customize them directly through the TradingView alerts panel. ⸻ Ideal For Swing traders Position traders Portfolio managers Trend-followers BVC investors wanting objective confirmation Traders who hate repainting signals ⸻ Why It Works on the BVC The BVC behaves differently from high-frequency markets. Breakouts often require confirmation, low volume distorts momentum, and many assets move in structured waves. This script integrates all these insights into a single, powerful and unified indicator—built for Morocco, by someone who trades Morocco. ⸻ Disclaimer This indicator does not guarantee profits and should be combined with market structure, liquidity evaluation, and proper risk management. Past performance does not guarantee future results.
Pine Script® indicator
by Sethokayba
Trading Blueprint v7 Pro — VWAP-CVD, cPOC Trend MomentumTBv7 Pro is the advanced release of the Trading Blueprint framework — engineered for institutional-style intraday analysis that fuses VWAP location, CVD orderflow, composite profile bias, and momentum curvature into one cohesive system. Core Framework VWAP Structure → Adaptive mean anchored to session VWAP with ±1σ / ±2σ deviation envelopes for dynamic equilibrium detection. vPOC per bar by ruckard () Anchored Volume Profile by DGT () CVD Orderflow Divergence → Smoothed delta histogram with fractal pivots identifying hidden absorption and exhaustion (patterns (Bull / Bear Div). Cumulative Volume Delta by AustrianTradingMachine ) cPOC Integration (2-Day Composite) by poopsnag (me :)→ Confirms true acceptance or rejection zones across sessions for precision bias alignment. TMI (Trend Momentum Indicator by TradingRiot()) → Quantifies slope + mean crossover strength, providing actionable momentum confirmation (bullish / bearish support / divergence). Bias Dashboard → Displays VWAP bias, numerical score, and dynamic color feedback for at-a-glance trade orientation. Usage Context Designed for professionals trading 15 m execution inside 1 h / 4 h context. Ideal for VWAP-cPOC location setups, reversion / continuation scalps, and orderflow confirmation using cumulative delta behavior. 🔧 Modules such as RSI / AO are pre-wired and easily activated for full Trading Blueprint confluence mapping.
Pine Script® indicator
by poopsnag
cPOC 2 DayIt’s perfect for your 2-Day cPOC since: It derives from volume distribution data. It highlights market structure, value area, and composite volume behavior. Traders searching for “cPOC,” “volume profile,” or “market profile” will find it here. Use this if your indicator’s main function is showing POCs, VAH/VAL, or composite volume balance zones. If your cPOC script is part of a broader system: Trend Analysis — if it’s used for directional bias and context with VWAP/EMAs. Support/Resistance — if the tool primarily highlights POC/VAH/VAL as static levels to trade from. Other — only if your indicator mixes data from multiple frameworks (e.g., combines orderflow, delta, VWAP, and TPO).
Pine Script® indicator
by poopsnag
[FS] Pivot Measurements# Pivot Measurements An advanced TradingView indicator that combines LuxAlgo's pivot point detection algorithm with automatic measurement calculations between consecutive pivots. ## Features ### Pivot Detection - **Regular Pivots**: Detects standard pivot highs and lows using configurable pivot length - **Missed Pivots**: Identifies missed reversal levels that occurred between regular pivots - **Visual Indicators**: - Regular pivot highs: Red downward triangle (▼) - Regular pivot lows: Teal upward triangle (▲) - Missed pivots: Ghost emoji (👻) - **Zigzag Lines**: Connects pivots with colored lines (solid for regular, dashed for missed) - **Ghost Levels**: Horizontal lines indicating missed pivot levels ### Measurement System - **Automatic Measurements**: Calculates price movements between consecutive pivots - **Visual Display**: - Transparent colored boxes (blue for upward, red for downward movements) - Measurement labels showing: - Price change (absolute and percentage) - Duration (bars, days, hours, minutes) - Volume approximation - **Smart Positioning**: Labels positioned outside boxes (above for upward, below for downward) - **Color Coding**: Blue for positive movements, red for negative movements ## Parameters ### Pivot Detection - **Pivot Length** (default: 50): Number of bars on each side to identify a pivot point - **Regular Pivots**: Toggle and colors for regular pivot highs and lows - **Missed Pivots**: Toggle and colors for missed pivot detection ### Measurements - **Number of Measurements** (1-10, default: 10): Maximum number of measurements to display - **Show Measurement Boxes**: Toggle to show/hide measurement boxes and labels - **Box Transparency** (0-100, default: 90): Transparency level for measurement boxes - **Border Transparency** (0-100, default: 50): Transparency level for box borders - **Label Background Transparency** (0-100, default: 30): Transparency level for label backgrounds - **Label Size**: Size of measurement labels (tiny, small, normal, large) ## Usage 1. Add the indicator to your chart 2. Configure the **Pivot Length** based on your timeframe: - Lower values for shorter timeframes (e.g., 10-20 for 1-5 min) - Higher values for longer timeframes (e.g., 50-100 for daily) 3. Adjust pivot colors and visibility as needed 4. Customize measurement display settings: - Set the number of measurements to display - Adjust transparency levels for boxes, borders, and labels - Choose label size ## Technical Details - **Pine Script Version**: v6 - **Pivot Detection**: Based on () algorithm for detecting regular and missed pivots - **Measurement Calculation**: - Measures between consecutive pivots (from most recent to older) - Calculates price change, percentage change, duration, and approximate volume - Automatically sorts pivots chronologically - **Performance**: Optimized with helper functions to reduce code duplication ## Notes - The indicator automatically limits the number of stored pivots to optimize performance - Measurements are only created when there are at least 2 pivots detected - All measurements are recalculated on each bar update - The indicator uses `max_bars_back=5000` to ensure sufficient historical data ## License This indicator uses LuxAlgo's pivot detection algorithm from (). Please refer to the original LuxAlgo license for pivot detection components.
Pine Script® indicator
by SF_Trade
12
Bubbles VolumeBubbles Volume Indicator Overview The Bubbles Volume Indicator is an advanced volume visualization tool that transforms traditional volume analysis into an intuitive, visual experience. By representing volume as dynamically-sized bubbles directly on your price chart, this indicator helps traders quickly identify significant volume events, potential support/resistance levels, and shifts in market sentiment. Key Features 🔵 Visual Volume Representation Displays volume as circular bubbles at the midpoint of each candle Bubble size scales proportionally to volume significance Instant visual identification of unusual volume activity Clean, uncluttered chart presentation 📊 Dual Volume Modes Total Volume Mode: Displays complete trading volume for each bar Volume Delta Mode: Shows the difference between buying and selling pressure, helping identify market direction and strength 🎨 Advanced Coloring Systems Simple Mode: Clear green/red coloring for buy/sell pressure HeatMap Mode: Gradient coloring that intensifies with volume strength, providing instant visual feedback on volume intensity 📍 Significant Level Detection Automatically identifies and marks price levels with exceptional volume These levels often act as future support or resistance zones Historical volume levels remain visible for reference How to Use For Day Traders Identify volume climaxes that may signal reversals Spot accumulation/distribution patterns through Volume Delta Confirm breakouts with significant volume bubbles For Swing Traders Mark important support/resistance levels based on historical high-volume areas Identify institutional activity through unusual volume patterns Validate trend strength using volume confirmation For Scalpers Quick visual identification of liquidity pockets Real-time volume delta for order flow analysis Filter out low-volume noise with minimum contract settings Parameter Settings Volume Settings Volume Type Total Volume: Shows all traded volume for each bar - ideal for general volume analysis Volume Delta: Displays the difference between buying and selling pressure - perfect for order flow analysis Minimum Contracts Filters out bubbles below a specified volume threshold Set to 0 to disable filtering Helps remove noise during low-volume periods For Volume Delta: Filters based on absolute delta value Bubble Display Show Bubbles Toggle the visibility of volume bubbles on/off Bubbles appear at the middle price point (HL2) of each bar Threshold Statistical threshold measured in standard deviations Controls sensitivity of volume significance detection: 1.0 = Shows top ~32% of volumes (more bubbles, common events) 2.0 = Shows top ~5% of volumes (significant events) 3.0 = Shows top ~0.3% of volumes (rare, extreme events) Higher values display only the most significant volume spikes HeatMap OFF: Simple coloring scheme (green for buying, red for selling in Delta mode) ON: Gradient coloring that intensifies with volume strength Provides additional visual dimension to volume analysis Volume Levels Significant Levels Draws horizontal lines at price levels where extreme volume occurred Volume must exceed 3x the threshold setting to qualify These levels often become important support/resistance zones Levels Qty Maximum number of significant volume level lines to display Older lines are automatically removed when limit is exceeded Keeps chart clean while maintaining relevant historical levels Visual Indicators Bubble Sizes (in order of significance) Tiny: Minimal volume above baseline Small: Low significant volume Normal: Moderate volume activity Medium: Above-average volume Large: High volume activity Huge: Exceptional volume Labeled: Extreme volume with numeric display Color Coding Green: Buying pressure (in Volume Delta mode) or rising prices Red: Selling pressure (in Volume Delta mode) or falling prices Gradient Intensity: Stronger colors indicate higher relative volume Information Display The indicator includes a real-time information table showing: Current operating mode (Total Volume or Volume Delta) Live delta values with directional arrows (in Volume Delta mode) Active minimum contracts filter setting Best Practices Start with default settings to familiarize yourself with the indicator Adjust threshold based on your trading timeframe (lower for scalping, higher for position trading) Use Volume Delta mode when analyzing order flow and market sentiment Enable Significant Levels for swing trading to identify key support/resistance Apply Minimum Contracts filter to reduce noise in low-volume markets Technical Notes The indicator requires volume data to function (not available on all symbols) Volume Delta calculations use intrabar data for enhanced accuracy Historical significant levels are preserved for technical analysis Optimized for both light and dark chart themes Trading Applications Breakout Confirmation: Large bubbles during breakouts confirm strength Reversal Detection: Extreme volume at tops/bottoms may signal reversals Trend Analysis: Increasing bubble sizes confirm trend strength Support/Resistance: High-volume levels often become future pivots Order Flow: Volume Delta reveals real-time buying/selling pressure
Pine Script® indicator
by ClickNull
1
SRD SRD v11 - Multi-Timeframe Volume Profile (POC, VAH, VAL) Key Features Dual Timeframe Analysis: 📈 Main Analysis (Daily): Calculates and displays the most significant levels based on a user-defined period of daily bars. This is ideal for identifying intraday and short-term trading opportunities. 📊 Strategic Analysis (Weekly): Plots key levels from a weekly perspective, giving you a broader, long-term view of market sentiment and structure. This can be toggled on or off. Volume Profile Core Levels: The indicator automatically calculates and visualizes the three most important levels derived from volume analysis for both timeframes: 🎯 POC (Point of Control): The price level with the highest traded volume for the specified period. It acts as a powerful magnet for price and a key reference for market equilibrium. 🔴 VAH (Value Area High): The highest price level within the "Value Area" (where ~70% of the volume was traded). It often acts as a significant resistance zone. 🟢 VAL (Value Area Low): The lowest price level within the Value Area. It often serves as a strong support zone. 🟠 24-Hour High: An optional feature that plots the highest price reached in the last 24 hours, providing a crucial reference point for breakout and reversal traders. Dynamic and Non-Repainting: The levels are calculated based on historical confirmed bars and update automatically as new periods (daily or weekly) close. The lines extend to the right, remaining relevant until a new calculation period begins. Integrated Alert System: Never miss a key price interaction. The indicator includes a comprehensive alert system for: Breakouts: Triggers when the price crosses above or below the POC, VAH, or VAL. Touches: Triggers when the price touches one of these key levels without breaking through it (within a small tolerance). Unified Alert: A single alert that notifies you of any of the above conditions. Customization The SRD v11 is fully customizable to fit your trading style. You can adjust: Timeframes: Change the base timeframes for both the main (default Daily) and strategic (default Weekly) analysis. Analysis Periods: Define the number of bars (days or weeks) to include in the Volume Profile calculation. Visuals: Customize the color, width, and style (solid, dashed, dotted) of every line and label for clear and intuitive visualization. Toggle Elements: Easily show or hide the strategic (weekly) analysis and the 24-hour high line. How to Use It > Identify Key Zones: Use the VAH (resistance) and VAL (support) lines to identify potential entry and exit zones. The area between VAH and VAL is the "Value Area," where the market has found acceptance. Monitor the POC: The Point of Control is the ultimate level of equilibrium. Watch for price reactions around the POC. A sustained break above or below can signal a new trend. Combine Timeframes: Use the strategic (weekly) levels as major, long-term points of interest and the main (daily) levels for your day-to-day trading setup. Confluence between levels from different timeframes can indicate extremely strong support or resistance. Set Alerts: Configure alerts for breakouts or touches to be notified of critical market movements in real-time, even when you are away from the charts.
Pine Script® indicator
by brunomachado788
Delta Money Flow IndexThe Delta Money Flow Index is a modified version of the traditional Money Flow Index that uses directional volume instead of total volume to measure buying and selling pressure in a different way. It helps traders identify overbought/oversold conditions based on actual buy/sell pressure rather than just total volume. It's designed for traders who want to see if price movements are backed by genuine buying or selling activity. How to use it: - Values above 80 indicate overbought conditions - Values below 20 indicate oversold conditions - The 50 level acts as a neutral zone. Above suggests buyers are in control, below suggests sellers are in control. - Traders can check for divergences for potential reversal signals - Works best on intraday timeframes where delta volume is most meaningful What makes it different: Unlike the standard MFI which uses total volume, the Delta MFI calculates an approximation of volume delta by assigning positive volume to up-closing candles and negative volume to down-closing candles. This means: - It focuses on directional pressure, not just activity - Filters out low-conviction volume that doesn't move price - Provides clearer signals when actual buying/selling dominates The indicator includes visual aids like background colors for overbought/oversold and a fill showing whether the Delta MFI is above or below the 50 midpoint for quick interpretation.
Pine Script® indicator
by VEGAlgo
Volume Area 80 Rule Pro - Adaptive RTHSummary in one paragraph Adaptive value area 80 percent rule for index futures large cap equities liquid crypto and major FX on intraday timeframes. It focuses activity only when multiple context gates align. It is original because the classic prior day value area traverse is fused with a daily regime classifier that remaps the operating parameters in real time. Scope and intent • Markets. ES NQ SPY QQQ large cap equities BTC ETH major FX pairs and other liquid RTH instruments • Timeframes. One minute to one hour with daily regime context • Default demo used in the publication. ES1 on five minutes • Purpose. Trade only the balanced days where the 80 percent traverse has edge while standing aside or tightening rules during trend or shock Originality and usefulness • Unique fusion. Prior day value area logic plus a rolling daily regime classifier using percentile ranks of realized volatility and ADX. The regime remaps hold time end of window stop buffer and value area coverage on each session • Failure mode addressed. False starts during strong trend or shock sessions and weak traverses during quiet grind • Testability. All gates are visible in Inputs and debug flags can be plotted so users can verify why a suggestion appears • Portable yardstick. The regime uses ATR divided by close and ADX percent ranks which behave consistently across symbols Method overview in plain language The script builds the prior session profile during regular trading hours. At the first regular bar it freezes yesterday value area low value area high and point of control. It then evaluates the current session open location the first thirty minute volume rank the open gap rank and an opening drive test. In parallel a daily series classifies context into Calm Balance Trend or Shock from rolling percentile ranks of realized volatility and ADX. The classifier scales the rules. Calm uses longer holds and a slightly wider value area. Trend and Shock shorten the window reduce holds and enlarge stop buffers. Base measures • Range basis. True Range smoothed over a configurable length on both the daily and intraday series • Return basis. Not required. ATR over close is the unit for regime strength Components • Prior Value Area Engine. Builds yesterday value area low value area high and point of control from a binned volume profile with automatic TPO fallback and minimum integrity guards • Opening Location. Detects whether the session opens above the prior value area or below it • Inside Hold Counter. Counts consecutive bars that hold inside the value area after a re entry • Volume Gate. Percentile of the first thirty minutes volume over a rolling sample • Gap Gate. Percentile rank of the regular session open gap over a rolling sample • Drive Gate. Opening drive check using a multiple of intraday ATR • Regime Classifier. Percentile ranks of daily ATR over close and daily ADX classify Calm Balance Trend Shock and remap parameters • Session windows optional. Windows follow the chart exchange time Fusion rule Minimum satisfied gates approach. A re entry must hold inside the value area for a regime scaled number of bars while the volume gap and drive gates allow the setup. The regime simultaneously scales value area coverage end minute time stop and stop buffer. Signal rule • Long suggestion appears when price opens below yesterday value area then re enters and holds for the required bars while all gates allow the setup • Short suggestion appears when price opens above yesterday value area then re enters and holds for the required bars while all gates allow the setup • WAIT shows implicitly when any required gate is missing • Exit labels mark target touch stop touch or a time based close Inputs with guidance Setup • Signal timeframe. Uses the chart by default • Session windows optional. Start and end minutes inside regular trading hours • Invert direction is not used. The logic is symmetric Logic • Hold bars inside value area. Typical range 3 to 12. Raising it reduces trades and favors better traverses. Lowering it increases frequency and risk of false starts • Earliest minute since RTH open and Latest minute since RTH open. Typical range 0 to 390. Reducing the latest minute cuts late session trades • Time stop bars after entry. Typical range 6 to 30. Larger values give setups more room Filters • Value area coverage. Typical range 0.70 to 0.85. Higher coverage narrows the traverse but accepts fewer days • Bin size in ticks. Typical range 1 to 8. Larger bins stabilize noisy profiles • Stop buffer ticks beyond edge. Typical range 2 to 20. Larger buffers survive noise • First thirty minute volume percentile. Typical range 0.30 to 0.70. Higher values require more active opens • Gap filter percentile. Typical range 0.70 to 0.95. Lower values block more gap days • Opening drive multiple and bars. Higher multiple or longer bars block strong directional opens Adaptivity • Lookback days for regime ranks. Typical 150 to 500 • Calm RV percentile. Typical 25 to 45 • Trend ADX percentile. Typical 55 to 75 • Shock RV percentile. Typical 75 to 90 • End minute ratio in Trend and Shock. Typical 0.5 to 0.8 • Hold and Time stop scales per regime. Use values near one to keep behavior close to static settings Realism and responsible publication • No performance claims. Past results never guarantee future outcomes • Shapes can move while a bar forms and settle on close • Sessions use the chart exchange time Honest limitations and failure modes • Economic releases and thin liquidity can break the balance premise • Gap heavy symbols may work better with stronger gap filters and a True Range focus • Very quiet regimes reduce signal contrast. Consider longer windows or higher thresholds Legal Education and research only. Not investment advice. Test in simulation before any live use.
Pine Script® indicator
by exlux
Liquidity Heatmap Concepts [sma] Overview Liquidity Heatmap Concepts is a sophisticated visualization tool that maps potential liquidation zones for leveraged positions across multiple timeframes. It calculates and displays where high-volume liquidations might occur at various leverage levels (25x, 50x, 100x, 150x), helping traders identify potential support/resistance zones created by cascading liquidations. Additionally, it includes a quarterly volume profile to show historical price distribution and Point of Control levels. ### Volume-Based Trigger System Lines are only drawn when volume exceeds a threshold: 1. Calculates 14-period simple moving average of volume 2. Applies configurable multiplier (default 1.2x) to determine significance 3. Only plots liquidation levels when current volume > (Volume SMA × Multiplier) 4. This filters out low-volume noise and focuses on meaningful zones ### Visual Intensity System The indicator uses a gradient coloring system based on relative volume: - **Peak Volume (White)**: When current bar has maximum volume in the dataset - Line width: 3 pixels - Brightest color intensity - **Above Average Volume**: Volume exceeds average but isn't peak - Line width: 2 pixels - Medium color intensity - **Standard Volume**: Exceeds threshold but below average - Line width: 1 pixel - Base color intensity ### Line Extension & Management - Lines extend horizontally to the right until price crosses them - Automatic cleanup removes lines after maximum count (default 500) - Lines persist until invalidated by price action crossing the level - Oldest lines are removed first when limit is reached ### Quarterly Volume Profile An optional fixed-range volume profile that: 1. **Automatic Quarter Detection**: Identifies Q1 (Jan-Mar), Q2 (Apr-Jun), Q3 (Jul-Sep), Q4 (Oct-Dec) 2. **Price Distribution Analysis**: Divides the quarter's price range into configurable rows (default 20) 3. **Volume Aggregation**: Accumulates volume at each price level throughout the quarter 4. **POC Identification**: Highlights the price level with highest volume (Point of Control) 5. **Value Area**: Shows the price range containing 70% (configurable) of total volume 6. **Profile Drawing**: At the start of each new quarter, draws the previous quarter's profile as horizontal bars The volume profile can be positioned on either left or right side of the quarter range with adjustable width. ## Key Features - **Multi-Leverage Display**: Toggle between 25x, 50x, 100x, and 150x leverage levels independently - **Dual Side Tracking**: Separate visualization for long and short liquidation zones - **Volume-Weighted Importance**: Visual intensity correlates with volume significance - **Gradient Coloring**: Color intensity reflects relative volume magnitude - **Smart Line Management**: Automatic cleanup prevents chart clutter - **Historical Context**: Quarterly volume profile shows where price spent most time - **Fully Customizable**: All colors, thresholds, and display options are adjustable - **HD Mode**: Uses absolute volume for more precise visualization ## Parameters ### Leverage Selection - **25x, 50x, 100x, 150x Toggles**: Enable/disable specific leverage levels - Each level can be controlled independently ### Volume Configuration - **Minimum Volume Multiplier** (default 1.2): Threshold above volume SMA to trigger lines - Higher values = fewer but more significant levels - Lower values = more levels but increased noise ### Advanced Settings - **Maximum Lines** (default 500, range 50-500): Memory management limit - Controls how many historical liquidation lines are maintained ### Quarterly Volume Profile - **Show Previous Q Volume Profile** (default on): Toggle profile visibility - **Number of Rows** (default 20, range 10-50): Price distribution granularity - **Profile Width** (default 30%): Visual width as percentage of quarter range - **Value Area** (default 70%): Percentage of volume for value area calculation - **Position** (Left/Right): Profile placement relative to quarter - **Show Values** (default off): Display POC volume label - **Colors**: Customizable base and POC colors ### Color Customization - **Long Colors**: Individual colors for each leverage level (25x, 50x, 100x, 150x) - **Short Colors**: Separate color scheme for short liquidation zones - **VP Colors**: Base color and POC highlight color for volume profile ## Interpretation ### Liquidation Clusters - **Dense Line Areas**: Multiple overlapping liquidation levels suggest strong magnetic zones - **High-Volume Lines**: Brighter/thicker lines indicate more significant potential liquidations - **Line Breaks**: Price crossing multiple liquidation lines may trigger cascade effects ### Trading Applications - **Support/Resistance**: Liquidation clusters often act as temporary support/resistance - **Stop Hunt Zones**: Areas where price may spike to trigger liquidations before reversing - **Momentum Acceleration**: Breaking through dense clusters can indicate strong directional moves - **Risk Management**: Avoid placing stops directly at obvious liquidation levels ### Volume Profile Usage - **POC (Point of Control)**: Price level with highest volume - often acts as strong support/resistance - **Value Area**: Where most trading activity occurred - indicates fair value range - **Profile Shape**: - Balanced profile (bell curve) = ranging market - Skewed profile = trending market with acceptance at extremes - **Profile Gaps**: Low volume areas suggest price may move quickly through these zones ### Combined Analysis - Liquidation lines near quarterly POC create extra-strong zones - Price returning to value area from outside often finds support/resistance - Liquidation clusters at value area edges suggest potential reversal points ## Technical Implementation This indicator features: - **Custom Type Structures**: Uses type definitions for organized data storage - `BarData`: Stores OHLCV and index information - `LiquidityBin`: Manages arrays of line objects for each leverage level - `VolumeProfileData`: Handles profile boxes, labels, and range data - **Dynamic Line Objects**: Creates, updates, and deletes line primitives programmatically - **Array-Based History**: Maintains volume history for gradient calculations - **Intelligent Cleanup**: Automatic memory management prevents performance degradation - **Mathematical Precision**: Leverage-based liquidation formulas ensure accurate price levels - **Quarterly Aggregation**: Efficient volume accumulation with automatic period detection - **Box Drawing System**: Dynamic profile visualization using box primitives ## Originality Statement This indicator presents a unique approach to liquidity visualization: - Implements leverage-specific liquidation price calculations based on mathematical formulas - Uses volume-weighted gradient coloring system that adapts to relative volume significance - Combines real-time liquidation mapping with historical volume profile analysis - Features intelligent line lifecycle management with automatic extension and cleanup - Integrates quarterly volume profile with configurable value area and POC detection - Employs multi-layer visual hierarchy (line width + color intensity) for information density - Uses custom data structures to efficiently manage hundreds of line objects simultaneously The combination of mathematical liquidation pricing, volume-based filtering, gradient visualization, and quarterly volume distribution creates a comprehensive liquidity analysis tool. ## Best Practices - Use on liquid markets (major cryptocurrencies, forex pairs) for best accuracy - Lower timeframes (1m-15m) for day trading and scalping - Higher timeframes (1h-4h) for swing trading context - Combine with volume profile to identify high-probability reversal zones - Watch for price reactions when approaching dense liquidation clusters - Increase volume multiplier in choppy markets to reduce noise - Reduce maximum lines on lower timeframes to maintain performance - Use quarterly volume profile to understand longer-term fair value ## Important Notes - Liquidation prices are estimates based on leverage ratios - Actual exchange liquidation prices may vary due to: - Maintenance margin requirements - Mark price vs last price calculations - Individual exchange liquidation engines - Insurance fund mechanisms - This tool shows potential zones, not guaranteed liquidation prices - Volume profile resets each quarter automatically --- Works on all timeframes and asset classes. Designed for crypto/forex leverage markets. For educational purposes only. Not financial advice.
Pine Script® indicator
by sma55200
Volume Category IndicatorThis indicator analyzes historical volume data and categorizes each trading period into one of six levels: Outlier, Low, Below Average, Average, Above Average, or High. How it works: 1. Filters out extremities - Excludes abnormal volume spikes/drops using standard deviation (default: 3σ threshold) to create a "clean" dataset 2. Calculates percentiles - Divides the clean volume distribution into quintiles (20th, 40th, 60th, 80th percentiles) 3. Reduces noise - Applies a 3-period moving average to volume to prevent rapid category changes 4. Categorizes current volume - Compares today's smoothed volume against historical percentiles to assign a category 5. Visual display - Shows volume bars in grayscale (darker = lower volume, lighter = higher volume) with an optional info table Key parameters: * Lookback Period (100): How many bars of history to analyze * Smoothing (3): Moving average length to stabilize categories * Outlier Threshold (3.0): Standard deviations for filtering extremes The result is a stable, clean indicator that identifies whether current volume is genuinely low, average, or high relative to recent history—without being thrown off by occasional volume anomalies.
Pine Script® indicator
by danmm
2
TernTable: VolViz VolViz - Overview VolViz is designed to give traders an instant volume strength visualisation tool using multiple timeframes. It provides an interactive table overlay that allows users to track volume metrics across a range of custom-selected timeframes. The table can dynamically display relative volume (RVOL), average volume, and current volume for each selected timeframes in real time. Additionally, users can toggle various features and adjust thresholds to receive alerts for both high and low volume conditions. Key Features * Volume Metrics: Displays three main volume-related data points across multiple timeframes: Relative Volume (RVOL), Average Volume, and Current Volume. * Timeframe Flexibility: Supports a range of customisable timeframes from seconds, minutes, hours to daily weekly and monthly intervals up to 12 months. Users can select which timeframes to display. * Dynamic Table: A table is dynamically updated with data for each enabled timeframe, allowing traders to quickly compare volume data across different periods. * Optional alert System: Includes alert functionality for high and low volume conditions based on customisable thresholds. Alerts can be set for a minimum number of timeframes for a condition to trigger. Colour Logic The script uses specific colours to enhance the visual alert properties that represent different ranges of Relative Volume (RVOL), which are used in the table to visually highlight the volume data: 1. Red: RVOL is less than 1.0, indicating low relative volume. 2. Green: RVOL is between 1.0 and 1.2, indicating moderate relative volume. 3. Purple: RVOL is between 1.2 and 1.5, indicating above average relative volume. 4. Orange: RVOL is between 1.5 and 2.0, indicating higher relative volume. 5. Yellow: RVOL is greater than 2.0, indicating very high relative volume. How to use 1. Inputs: * Volume Period: Set the period for calculating the moving average of volume (14 period default). * The script defaults to the 2m 5m 15m 30m 1h 4h 12h D W M timeframes but user defined custom timeframes can be used (comma-separated) to specify the timeframes to track ( e.g "D,W,M,3M,6M,12M”) to a max of 10 timeframes. The table dynamically adjusts its size dependant on how many timeframes the user chooses to input. * Table Position: Choose where to display the table: Top Left, Top Right, Bottom Left, or Bottom Right. * Maximum Decimal Places: Control how many decimal places are shown for volume data. 2. Toggles: * Enable High Volume Alert: Toggle this to activate the high volume alert. * Enable Low Volume Alert: Toggle this to activate the low volume alert. * Enable Minimum Timeframes for Alerts: Toggle this to require a specific number of timeframes to meet the alert condition before triggering. * Pane Labels: There is also an optional debug label found in the Style tab to identify / confirm the current mode selected and the number of timeframes that meet the alert mode criteria. The Show Row toggles can be utilised to include or exclude rows to take up less space on the chart. * Show RVOL Row: Toggle to show the relative volume row in the table. * Show Avg Volume Row: Toggle to show the average volume row in the table. * Show Current Volume Row: Toggle to show the current volume row in the table. * Show Spacer Row Below Table: Toggle to show or hide a blank spacer row below the table. * Show Spacer Row Above Header: Toggle to show or hide a blank spacer row above the header. 3. How the Table Works: * The table is populated with the following rows: 1. Spacer Row Above Header (optional): Adds space above the table header. 2. Header Row: Displays the timeframes (e.g., "1h", "4h", "12h", etc.). 3. Relative Volume (RVOL): Shows the RVOL for each timeframe, colored according to the thresholds. 4. Average Volume: Shows the average volume for each timeframe. 5. Current Volume: Displays the current volume for each timeframe. 6. Spacer Row Below Table (optional): Adds space below the data rows. 4. Optional Visual Alerts: * High Volume Alert: When the current volume exceeds the default or user specified threshold compared to the average volume for the enabled timeframes. * Low Volume Alert: When the current volume is below the default or user specified threshold compared to the average volume for the enabled timeframes. When the visual alerts trigger unobtrusive diamonds will appear on the chart. White diamonds above the bar to indicate high volume and yellow diamonds below the bar to indicate low volume. These are not trend direction nor entry or exit signals but may be used in conjunction with other indicators for contextual purposes. Questions or comments are always welcomed and I hope it helps with your trading !
Pine Script® indicator
by Edgear
Goldbach Shelves with HIPPO by M4RK4R4Goldbach Hippo M4RK The idea is that you are using a higher Po3 range, but trading within the smaller 3 sections, that I call "shelves", Bottom Shelf, Mid Shelf, Top Shelf. The three sections are split with the 0.33 and 0.66 Non GB levels. Each shelf has two FV levels (gray lines), and you should TP or take most off at opposite FV level, with the stop at the NonGB lines (thick white lines), or the FV level past that. Can also crank SL up after price goes to opposite FV. This gives you about 2.3RR, which is excellent for long term stability and automation. Future updates: auto Po3 range suggestion., current Po3 in use label (done), section labels/tool tips, custom colors (done)
Pine Script® indicator
by ridenz77
DCT - Liquidity Heatmap - ProOVERVIEW -------- The DCT Liquidity Heatmap Pro is an advanced order flow visualization tool designed specifically for cryptocurrency markets operating 24/7. This indicator identifies and tracks liquidity accumulation zones where significant buy and sell orders cluster, helping traders understand potential support/resistance areas and market microstructure. WHAT IT DOES ------------ This script creates a visual heatmap of liquidity levels by analyzing volume intensity and price action across multiple timeframes. It automatically detects and displays: - BID LEVELS (below price): Areas where buy-side liquidity accumulates - ASK LEVELS (above price): Areas where sell-side liquidity accumulates - SWEPT ZONES: Levels that have been taken out by price action - VOLUME INTENSITY: Color-coded gradient showing relative strength of each level The indicator uses a pure gradient system: - Purple (Low): 0-25% volume intensity - Yellow (Mid): 25-50% volume intensity - Orange (High): 50-75% volume intensity - Red (Extreme): 75%+ volume intensity When CVD (Cumulative Volume Delta) is enabled, colors adapt to show directional bias: - Green tint: Buy pressure dominant (>60%) - Red tint: Sell pressure dominant (<40%) KEY FEATURES ------------ 1. AUTO-DETECTION: Automatically identifies market type (BTC/ETH, Major Altcoins, Low Cap/Volatile) and exchange type (Perpetual/Spot) based on the ticker symbol 2. DYNAMIC ADJUSTMENTS: Automatically adapts spacing, level count, and retention based on: - Current timeframe (5m to Daily+) - ATR-based volatility (Low, Normal, High, Extreme) - Market type characteristics 3. CVD TRACKING: Optional Cumulative Volume Delta calculation showing net buy/sell pressure over time, with real-time dollar values displayed in the info table 4. SWEPT LEVEL PRESERVATION: Maintains swept levels on the chart with original color coding for historical reference and pattern analysis 5. FORWARD PROJECTION: Extends active (non-swept) levels into the future to show where liquidity currently exists 6. SMART CLEANUP: Automatic memory management removes old swept levels based on configurable retention period (default: 2000 bars) 7. IMBALANCE DETECTION: Visual markers (triangles) indicating significant buy/sell imbalances at current price 8. REAL-TIME ALERTS: Configurable alerts for: - Level sweeps (when price takes out a liquidity level) - Price approaching significant levels 9. COMPREHENSIVE INFO TABLE: Live statistics showing: - Auto-detection status - Market and exchange type - Current volatility state (with ATR percentage) - CVD values and directional bias - Dollar liquidity estimates above/below price - Count of swept and total levels ORIGINALITY & VALUE PROPOSITION -------------------------------- This script is completely original code developed from the ground up for cryptocurrency trading. Unlike generic liquidity indicators designed for traditional markets, this tool addresses specific challenges in crypto: CRYPTO-SPECIFIC OPTIMIZATIONS: - 24/7 market operation (session-based analysis removed as irrelevant for crypto) - Higher volatility handling with ATR-based dynamic adjustments - Perpetual vs Spot differentiation - Market-cap based calibration (BTC/ETH, Major Alts, Low Cap) TECHNICAL INNOVATIONS: - Pure gradient intensity system eliminating redundant major/minor classifications - Volume accumulation algorithm that builds strength over time - Smart memory management preventing performance degradation on long charts - Swept level preservation with color retention for pattern recognition WHY CLOSED-SOURCE: The proprietary algorithms for volume intensity calculation, dynamic parameter adjustment, and liquidity level clustering represent significant research and development. The specific mathematical models and calibration for crypto markets provide a competitive edge that warrants code protection. WHAT THIS SCRIPT IS NOT ------------------------ IMPORTANT LIMITATIONS TO UNDERSTAND: 1. NOT PREDICTIVE: This indicator shows where liquidity EXISTS, not where price WILL go. Liquidity levels can be swept without reversals, or price may never reach certain levels. No future performance is implied or guaranteed. 2. NOT A COMPLETE SYSTEM: This is a visualization tool for understanding order flow and market microstructure. It should be used alongside proper risk management, fundamental analysis, and other technical tools. It does not generate entry/exit signals. 3. TIMEFRAME DEPENDENT: Effectiveness varies by timeframe. Lower timeframes (5m-15m) show more granular but potentially noisier data. Higher timeframes (4H-Daily) show broader structure but with less precision for intraday trading. 4. VOLUME LIMITATIONS: Crypto exchange volume data can vary significantly between exchanges and may include wash trading or other manipulated volume. The indicator works with whatever volume data your exchange provides. 5. BACKTESTING CONSTRAINTS: While swept levels are preserved historically, the indicator calculates levels in real-time. Historical visualization shows where levels WERE, not how they would have appeared to a trader in real-time at that moment. 6. NOT FOR ALL MARKETS: Optimized specifically for cryptocurrency perpetual and spot markets. May not perform optimally on traditional stocks, forex, or futures without parameter adjustment. HOW TO USE ---------- 1. Add the indicator to your chart 2. Verify auto-detection has correctly identified your market (check info table) 3. Adjust "Spacing" slider if you want wider/tighter level clustering 4. Enable CVD if you want directional volume bias analysis 5. Configure alerts for sweeps or level approaches if desired 6. Use "Compact" mode on smaller screens to reduce table size RECOMMENDED SETTINGS BY TIMEFRAME: - Scalping (5m-15m): Default settings, focus on immediate levels - Swing Trading (1H-4H): Enable "Extend All" for broader view - Position Trading (Daily+): Increase spacing 20-30% for major levels only PERFORMANCE NOTES ----------------- The script is optimized for performance but users should be aware: - Maximum 500 boxes can be displayed (TradingView limitation) - Retention set to 2000 bars by default (configurable 10-5000) - On very long charts (>5000 bars), older swept levels will be deleted - Lower timeframes generate more levels and may hit box limits faster ALERT CONDITIONS ---------------- Two alert types available: 1. SWEEP ALERTS: Triggered when price takes out a liquidity level 2. PROXIMITY ALERTS: (Disabled by default) Warns when price approaches significant levels Configure alert distance threshold in settings (default: 0.5% of price) SUPPORT & USAGE --------------- This is an advanced tool requiring understanding of: - Order flow concepts and liquidity sweeps - Volume profile interpretation - Crypto market microstructure - Risk management principles Successful use requires combining this tool with your existing trading methodology and proper risk controls. Past swept levels and current liquidity zones do not guarantee future price behavior. TECHNICAL SPECIFICATIONS ------------------------- - Pine Script v6 - Overlay: true - Max boxes: 500 - Max labels: 50 (though labels removed in Pro edition) - Memory optimized with smart cleanup routines - Compatible with Perpetual and Spot crypto markets NO WARRANTIES ------------- As with all technical indicators, this tool is provided for informational and educational purposes. No representations are made regarding future performance or profitability. Trading cryptocurrencies involves substantial risk of loss. Always conduct your own research and never risk more than you can afford to lose. The indicator displays levels based on historical and current volume data, which does not constitute investment advice or a recommendation to buy or sell. Market conditions change, and what worked in the past may not work in the future.
Pine Script® indicator
by Daily-Crypto-Trading
6
Volumetric Spectrogram [by Oberlunar]Volumetric Spectrogram A two-pole, price-relative volume profiler that turns regional buy/sell pressure into clean oscillators and actionable regimes in a multi-broker setup. What it measures The indicator divides the recent price span into bins and accumulates buy vs. sell volume in each bin, then summarises two regions with respect to the current price: Upper (↑) — volume that traded above the current price (overhead supply/demand). Lower (↓) — volume that traded below the current price (underfoot bid/pressure). Per region, it computes BUY% and SELL%, then forms two normalised oscillators in : Upper Osc = Upper(BUY%) − Upper(SELL%) → positive when overhead offers are being lifted (breakout acceptance), negative when overhead sell pressure dominates (resistance). Lower Osc = Lower(BUY%) − Lower(SELL%) → positive when sub-price bids strengthen (support/absorption), negative when selling persists beneath price (weak underbelly). Both oscillators are optionally smoothed with EMA and can be filled to zero or between curves for quick polarity/strength reading. Candle-fill modes across brokers The indicator supports multiple candle-fill policies tied to cross-broker volumetric agreement (e.g., spectral/range-only fills when ≥N brokers align above 70% bullish or below 20% bearish Buy%). This makes regime and pressure shifts visually explicit while filtering out unconfirmed noise. How it works (core algorithm) Over a lookback window, find the high/low and split the range into N bins . For each historical bar, approximate “buy” vs “sell” volume using candle direction and the close relative to each bin’s midprice; update left/right profiles per bin. Aggregate bins above the current price into the Upper region and bins below into the Lower region; compute regional totals and percentages. Convert to signed oscillators and smooth (EMA length per input). Scenario engine (table, every bar) A compact table reports, for Upper/Lower: BUY Vol, SELL Vol, BUY%, SELL%, and Net%. A classifier labels 8 regimes based on oscillator sign and recent expansion/decay: Sync Long/Short (Expanding/Decaying), Opposite Signs (Widening/Converging), and Tilts (Upper/Lower). This helps distinguish trend continuation, fade risk, compression before break, and asymmetric pressure (e.g., “Tilt Lower — bid/support strengthening”). # Example strategies and annotated cases: There are different operational strategies: 1) Bottle-neck Strategy with multi-broker confirmation When both oscillators are red and they compress toward the zero line (a bottle-neck [/i>), if the squeeze does not flip into the opposite trend but instead resolves in the same direction, you have a continuation setup that can be exploited: • Pattern: both oscillators red → short, visible contraction (narrow, low-variance cluster) → break of the cluster lows → background shadow bars align bearish (multi-broker agreement). Example: This sequence often supports a 1.5–2.5 R/R trade, as in: Bullish mirror If both oscillators are teal and compress, then expand upward with multi-broker agreement, the scenario becomes bullish after several bars; the position can be profitable with a reasonable risk setup: Example: Follow-through: Here are the additional, English “playbook” examples you can append to the previous description. 2) Dual-confirmation on volume spikes + multi-broker checks When pronounced volumetric spikes appear (up or down), trend often reverses sharply. In the figure, the circles highlight the spikes; once the spike subsides (reversion toward baseline), the oscillator turns bullish. The double confirmation of two consecutive minimum spikes acts as support for an ensuing up-move, with fill colors confirming direction. Chart: Even with a single spike confirmation, the reversion from an extreme often provides actionable long setups. 3) Volume-pressure + regime-change (multi-broker) A prospective long configuration emerges when bullish volumetric pressure dominates and bearish pressure fades, especially if this occurs after a lateral phase, followed by a bullish volume spike and multi-broker confirmation . Chart: Shadow bars subsequently confirm continuation in a bullish regime; however, a possible regime change is flagged by the scenario classifier and by a color flip in the volumetric borders ( “Possible regime change, but without multi-broker confirmation.” is an appropriate label when applicable). Chart: After a verified mean-reversion, price transitions into a bearish configuration: both oscillators turn red. One can wait for a pullback and seek short entries. Chart: As shown here, the regime change is anticipated well in advance by the oscillators and multi-broker pressure: Chart: 4) Contrastive regime-shift with multi-broker validation In a contrastive trading phase, the lower volumetric oscillator flips color first—buyers start attacking. The first set of background shadow bars does not agree with the regime flip; the second set does. This sequence (oscillator flip → later multi-broker agreement) is a robust early sign of a potential long setup. Chart: At the multi-broker level, all shadow bars turn fully green and the setup becomes unambiguously bullish. Chart: Note that bearish pressure can still be non-trivial on the volumetric scale—even if it does not reach prior extreme minima—so risk controls should reflect the residual supply. Delta-bar coloring (optional) Bars (or candle overlays) can be tinted by a multi-venue weighted bias: Choose venues (OKX, Coinbase, Bybit, Binance, BlackBull…). Weight by Equal / Last Volume / SMA Volume. Apply deadband to suppress flicker around neutrality and a gamma curve to modulate opacity with |bias|. This layer is independent of the spectrogram core but provides immediate market-wide flow context, consistent with the table and fills. Inputs (essentials) Calculation Period and Bins — resolution and depth of the price-range histogram. EMA length — smoothing per oscillator (optional) Fill options — to zero / between curves, gradual opacity by |osc|, min/max alpha. Delta Bar — enable tinting, gamma, neutral band; venue list and weighting mode. Reading guide Upper > 0 & expanding : overhead supply is being lifted → breakout acceptance risk rises. Lower > 0 & expanding : sub-price bids strengthen → pullbacks more likely to absorb. Opposite signs widening : tug-of-war; avoid late entries. Converging : compression → prepare for break. Use the table’s regime label to keep the narrative honest bar-by-bar. Notes & limits Buy/Sell attribution uses candle direction and range partitioning (no L2/tick tape). Venue aggregation relies on per-exchange volume and your chosen weighting; symbols must align (e.g., BTCUSDT pairs). Oscillators are relative to the current price (regional) by design; they complement, not replace, classical volume profile. — Oberlunar 👁 ★
Pine Script® indicator
by oberlunar_tr
3
Delta Arbitrage [by Oberlunar]Delta Arbitrage turns fragmented exchange activity into a single, readable pulse. Each broker breathes at its own rhythm; this tool measures the share of “buy vs. sell” participation per broker, weights those brokers by liquidity/activity, and blends them into one continuous bias. The result is a chart you can read in seconds: aqua when buy-side dominates, red when sell-side does—stronger shades for stronger imbalances. Delta Arbitrage indicator supports several ways to colour candles based on the aggregated, cross-venue delta, so you can match visual feedback to the strength/consensus of flow. Examples LONG opportunity — broad bullish agreement (>70% weighted Buy%) In this case, a LONG setup formed because a high proportion of brokers simultaneously pushed bullish volumetric deltas (>70%). The corridor then stayed positive across multiple bars, with sustained long strength in agreement across venues: Follow-through: SHORT opportunity — broad bearish agreement (<20% weighted Buy%) Here, a SHORT setup formed because a high proportion of brokers simultaneously pushed bearish volumetric deltas (<20%). The corridor remained negative over several bars, showing high-intensity short pressure in cross-venue agreement: Follow-through: Spectral mode You can enable the spectral mode, where range candles are colored only when multiple brokers are in volumetric agreement. You’ll see bullish pressure when weighted Buy% exceeds ~70%; when direction changes, range candles fade out and the lower tiles flip red to reflect rising short pressure. Example: How it’s built (in plain words) For every selected broker, the script computes a robust Buy% over a rolling window and maps it to a signed bias (−1…+1). Venues are then combined with flexible weighting—Equal, Last Volume, SMA Volume, or Relative-to-SMA—to emphasise who is active now . A small neutral band near zero calms noise; an intensity curve (gamma) makes strong pushes visually obvious without overshooting weak ones. What you see Tinted bars/background : the aggregate bias colours the chart so the prevailing side is instantly clear. Dashboard : a compact meter for each venue (SELL⇄BUY), its normalised weight, and exact Buy%/bias, plus a summary line for the weighted & unweighted aggregates. It shows whether one venue is dragging the whole market or if participation is broad. Lower panel (timeline) : a tile-per-bar strip using the same bias logic. Long, saturated runs = sustained participation; choppy, desaturated tiles around zero = balance/compression. The strip’s height is fixed vs. a recent range, so it remains legible on any zoom. How to act on it (minimal, auditable rules) Entries: a one-shot arrow when the weighted Buy% crosses a high/low threshold (e.g., >70 for longs, <30 for shorts). Exits: trail the indicator itself—close when the weighted Buy% retraces by a set number of points from its peak (long) or trough (short). Context: prefer entries that align with a fresh, persistent run in the lower strip and supportive rows in the dashboard; fade/exit when the strip desaturates or flips. Do not operate when the average volumetric pressure (avg) is around 50% +- 15% Why it matters This is not tick-level microstructure; it’s a fast, stable cross-venue proxy designed for operational use on any timeframe. By unifying “who’s in charge, for how long, and how strongly,” the indicator reduces discretionary noise and turns participation into a tradable, testable context. — Oberlunar 👁 ★
Pine Script® indicator
by oberlunar_tr
Balanced Delta Volume Profile (Zeiierman)█ Overview Balanced Delta Volume Profile (Zeiierman) builds a vertical, price-by-price profile that blends total participation with balance quality. Instead of plotting raw volume alone, it weights each price bin by: how balanced buyers vs. sellers were, how compressed price was inside that bin, how often price revisited it. The result spotlights fair value and acceptance zones while still revealing momentum/imbalance areas—ideal for reading rotation vs. trend, continuation vs. exhaustion, and the prices that truly matter. Highlights Balanced score that fuses delta symmetry, price compression, and hit frequency. Optional heat spectrum for instant read of participation density and balance strength. POC-like auto highlight of the dominant price level within the lookback window. Works across timeframes for session profiling, swing context, or regime shifts. █ How It Works ⚪ Profile Construction The script scans a fixed History Length and divides the full high–low span into Bin Count price bins. For every bar in the window, its volume is proportionally distributed across the bins it overlaps, so wide-range bars contribute across multiple bins, while narrow bars concentrate where they traded most. This yields per-bin totals for: Total Volume (participation) Positive / Negative Volume (up vs. down bar contribution) Hit Count (how often price touched the bin) Average Price Range (mean bar range inside the bin; a proxy for compression) ⚪ Delta & Direction For each bin, delta symmetry is measured via the ratio of |pos − neg| to total volume. Bins with balanced two-sided flow score higher than one-sided, runaway bins. This curbs the tendency of raw volume profiles to over-reward impulsive bursts. ⚪ Balance Score Each price bin gets a balance score that multiplies three normalized components: Delta Balance: rewards bins where buy/sell pressure is symmetrical (configurable via Volume Momentum Weight). Price Compression: rewards bins where average bar range is relatively small (configurable via Price Momentum Weight). Durability: rewards bins revisited often (configurable via Hits Weight). A Min Hits Filter removes flimsy, single-touch bins from dominating the score. The profile can display pure totals or Average Mode (Vol/Hit) to compare bins fairly when hit counts differ. ⚪ Display & Heat Spectrum The final plotted bar length per bin is the display volume (total or average) weighted by the balance score and normalized to 100. POC-like Highlight: The 100% bin is outlined (and labeled) when Highlight Max Volume Bin is ON. Heat Spectrum (optional): A background gradient scales with normalized bar length and balance hue. Balance Hue: Interpolates between Balance Low/High Colors so high-balance bins visually pop as “accepted value.” █ How to Use The profile is effectively a map of price acceptance: High, bright bars = strong participation at balanced prices → fair value/rotation zones. Thin, muted bars = poor acceptance → imbalance or transition areas. POC-style level = most influential price in the lookback window. ⚪ Find Fair Value & Acceptance Thick, high-balance bins mark value. Expect rotation: price often revisits or oscillates around these areas. They’re prime zones for mean-reversion fades, scale-ins, and risk-defined trades against the edges. ⚪ Identify Imbalance & Funnels Low-balance, low-hit bins often act like air pockets—price can move through them quickly. These zones are helpful for continuation trades into thin areas or for timing breakout pulls back into acceptance. ⚪ POC Dynamics When price leaves the POC and returns, watch for re-acceptance (price comes back into the POC or high-balance zone and stays there.) vs. rejection (trend continuation away from value). The auto-highlight makes this quick to judge. █ Settings History Length – Bars scanned for the profile. Longer = broader context, slower to adapt. Bin Count – Vertical resolution of bins between the window’s min and max price. Display Shift – Offsets the rendering rightward for clarity. Average Mode (Vol/Hit) – ON uses average volume per visit; OFF uses total volume. Volume Momentum Weight – Emphasizes two-way flow; higher values favor balanced bins over one-sided deltas. Price Momentum Weight – Emphasizes compression; higher values favor narrow-range, coiling price action. Hits Weight – Rewards bins revisited often; higher values favor durable acceptance. Min Hits Filter – Minimum visits a bin needs to qualify for the balance score. Show Heat Spectrum – Background gradient for quick read of density and balance. Highlight Max Volume Bin – Outline + raw volume label for the dominant bin. Max Volume Color – Color used for that highlight. Balance Low/High Colors – Gradient endpoints for balance hue across the profile. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script® indicator
by Zeiierman
10
Weis Wave Volume MTF 🎯 Indicator Name Weis Wave Volume (Multi‑Timeframe) — adapted from the original “Weis Wave Volume by LazyBear.” This version adds multi‑timeframe (MTF) readings, configurable colors, font size, and screen position for clear dashboard‑style display. 🧠 Concept Background — What is Weis Wave Volume (WWV)? The Weis Wave Volume indicator originates from Wyckoff and David Weis’ techniques. Its purpose is to link price movement “waves” with the amount of traded volume to reveal how strong or weak each wave is. Instead of showing bars one by one, WWV accumulates the total volume while price keeps moving in the same direction. When price direction changes (up → down or down → up), it: Finishes the previous wave volume total. Starts a new wave and begins accumulating again. Those wave volumes help traders see: Effort vs Result: Big volume with small price move ⇒ absorption; low volume with big move ⇒ weak participation. Trend confirmation or exhaustion: High volume waves in trend direction strengthen it, while low‑volume waves hint exhaustion. ⚙️ How this Script Works Trend & Wave Detection Compares close with the previous bar to determine up or down movement (mov). Detects trend reversals (when mov direction changes). Builds “waves,” each representing a continuous run of bars in one direction. Volume Accumulation While price keeps the same direction, the script adds each bar’s volume to the running total (vol). When direction flips, it resets that total and starts a new wave. Multi‑Timeframe Computation Calculates these wave volumes on three timeframes at once, chosen dynamically: Active Chart Timeframe Displays WWV for: 1 min  1 min   5 min  5 min   15 min  15 min   Any other  Chart TF   It uses request.security() to pull each timeframe’s latest WWV value and current wave direction. Visual Output Instead of plotting histogram bars, it shows a table with three numeric values: WWV (1): 25.3 M | (15): 312 M | (240): 2.46 B Each value is color‑coded: user‑selected Uptrend Color when price wave = up user‑selected Downtrend Color when wave = down You can position this small table in any corner/center (top / bottom × left / center / right). Font size is user‑adjustable (Tiny → Huge). 📈 How Traders Use It Quickly gauge buying vs selling effort across multiple horizons. Compare short‑term wave volume to higher‑timeframe waves to spot: Alignment → all up and big volumes = strong trend Divergence → small or opposite‑colored higher‑TF wave = potential reversal or pause Combine with Wyckoff, VSA, or standard trend analysis to judge if a breakout or pullback has real participation. 🧩 Key Features of This Version Feature Description Multi‑Timeframe Panel Displays WWV values for 3 selected TFs at once Dynamic TF Mapping Auto‑adjusts which TFs to use based on chart Up/Down Color Coding Customizable colors for wave direction Adjustable Font and Placement Set font size (Tiny→Huge) and screen corner/center No Histograms Keeps chart clean; acts as a compact WWV dashboard
Pine Script® indicator
by DrodzCip
Percentile Rank Oscillator (Price + VWMA)A statistical oscillator designed to identify potential market turning points using percentile-based price analytics and volume-weighted confirmation. What is PRO? Percentile Rank Oscillator measures how extreme current price behavior is relative to its own recent history. It calculates a rolling percentile rank of price midpoints and VWMA deviation (volume-weighted price drift). When price reaches historically rare levels – high or low percentiles – it may signal exhaustion and potential reversal conditions. How it works Takes midpoint of each candle ((H+L)/2) Ranks the current value vs previous N bars using rolling percentile rank Maps percentile to a normalized oscillator scale (-1..+1 or 0–100) Optionally evaluates VWMA deviation percentile for volume-confirmed signals Highlights extreme conditions and confluence zones Why percentile rank? Median-based percentiles ignore outliers and read the market statistically – not by fixed thresholds. Instead of guessing “overbought/oversold” values, the indicator adapts to current volatility and structure. Key features Rolling percentile rank of price action Optional VWMA-based percentile confirmation Adaptive, noise-robust structure User-selectable thresholds (default 95/5) Confluence highlighting for price + VWMA extremes Optional smoothing (RMA) Visual extreme zone fills for rapid signal recognition How to use High percentile values –> statistically extreme upward deviation (potential top) Low percentile values –> statistically extreme downward deviation (potential bottom) Price + VWMA confluence strengthens reversal context Best used as part of a broader trading framework (market structure, order flow, etc.) Tip: Look for percentile spikes at key HTF levels, after extended moves, or where liquidity sweeps occur. Strong moves into rare percentile territory may precede mean reversion. Suggested settings Default length: 100 bars Thresholds: 95 / 5 Smoothing: 1–3 (optional) Important note This tool does not predict direction or guarantee outcomes. It provides statistical context for price extremes to help traders frame probability and timing. Always combine with sound risk management and other tools.
Pine Script® indicator
by exploretranspose