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Liquidity-Weighted RSILW-RSI scales the classic RSI by relative volume to highlight when momentum happens under unusually high participation. Formula: LW-RSI = RSI × (Current Volume / 20-bar Avg Volume) • The 0 → Threshold band marks the “normal” zone. • Values above Threshold indicate an abnormal liquidity/participation regime (not a buy/sell signal by itself). • The orange line is the moving average of LW-RSI itself to show whether participation spikes are persistent or just noise. LW-RSI does not predict direction. Use it as a context/confirmation tool alongside structure, VWAP, and volume profile.
Pine Script® indicator
by mdereli5797
SmartVol SuperTrend | OquantOverview The SmartVol SuperTrend is an evolution of the traditional SuperTrend indicator. While the standard SuperTrend uses Average True Range (ATR) to calculate volatility bands, this version utilizes Volume-Weighted Standard Deviation (VWSD). By integrating volume into the volatility calculation, the indicator attempts to filter out "quiet" price movements and reacts more dynamically to price action supported by high trading activity. How It Works The script follows a multi-step process to define trend direction: Smoothing: It applies a 5-period EMA to the source price to reduce minor noise before calculating the bands. Volume-Weighted Volatility: Instead of a simple Standard Deviation, the script uses a custom volume standard deviation function. It measures the dispersion of price around its Volume Weighted Moving Average (VWMA), weighting each price point's contribution by the volume of that bar. Recursive Band Logic: Like the classic SuperTrend, the bands are "locked" in place. The lower band can only move up, and the upper band can only move down, until price closes on the opposite side, triggering a trend flip. Visuals: The script highlights the trend by coloring the candles and the space between the price and the trend line, providing a clear visual of the current market bias. Usefulness By using Volume-Weighted Standard Deviation, this indicator accounts for real market activity. Consequently, it expands its bands more aggressively during high-volume breakouts while dampening its reaction to price moves when volume fades, potentially offering more robust band levels anchored to true market participation. How to Use Trend Identification: When the line is green and below price, the trend is bullish. When the line is purple and above price, the trend is bearish. Factor Adjustment: Increase the Factor (default 1.8) to reduce sensitivity and avoid whipsaws in volatile markets. Decrease it for tighter tracking. EMA Length: Adjust the EMA length to change how much price smoothing is applied before the trend calculation. Note on Signals This indicator is designed for trend-following. Like all lagging indicators, it performs best in trending markets and may produce false signals during sideways consolidation. Settings Source: The price source used for calculations (default: Close). EMA Length: The lookback for the initial price smoothing (default: 5). VWSD Length: The period used to calculate the volume-weighted volatility (default: 30). Factor: The multiplier applied to the VWSD to determine the distance of the bands (default 1.8). ⚠️ Disclaimer: This indicator is intended for educational and informational purposes only. Trading involves risk, and past performance does not guarantee future results. Always test and evaluate indicators/strategies before applying them in live markets. Use at your own risk.
Pine Script® indicator
by oquant
2
BTC bar volume colorThis Pine Script indicator colors BTC price bars based on aggregated real trading volume from dozens of major spot and perpetual futures exchanges. How it works briefly: Collects and sums spot volume from ~20 exchanges Collects and sums perp/futures volume from many platforms (with unit adjustments) Computes a combined volume z-score over the last 100 bars Scales the z-score into a range and maps it to transparency (higher volume → less transparent/more opaque bars) Colors bars lime green for up candles and red for down candles Result: Bars appear brighter and more solid on high-volume moves, fainter and more transparent on low-volume moves Main purpose: Visually highlight genuine high-participation price action vs. low-conviction or "fake" moves on thin volume. Optional black background setting included.
Pine Script® indicator
by bidagor
Rolling Volume Boxes█ OVERVIEW Rolling Volume Boxes is an indicator that visualizes high-volume zones on the chart in the form of dynamic volume “boxes.” Each box splits volume into bullish and bearish parts, allowing you to assess the dominance of buyers or sellers. Thanks to the pseudo-volume option, the indicator can also be used on markets where real volume data is unavailable, although results may slightly differ. The indicator is also suitable for trend analysis and identifying signs of trend weakening – everything depends on box parameters such as their size, moving average length, and multiplier. █ CONCEPT The indicator was created as a universal tool offering a non-standard market perspective. It combines volume analysis with trend structure and dynamic support and resistance levels. Boxes are built using a rolling window of a fixed number of candles defined by the Bars per Box parameter. For each completed window, the indicator calculates the average volume of the entire group of candles and compares it to the volume moving average multiplied by the selected multiplier. A box is created only when this condition is met, meaning that zones appear exclusively in areas where aggregated volume for the whole box is significantly above average. The volume filter is therefore applied to the complete structure, not to individual candles. Boxes do not overlap. A new box can be formed only after the previous one has fully ended, which keeps the market structure clean and prevents stacking or repainting. Each box always represents a separate and independent volume event. Inside every box, candle volume is split into bullish and bearish parts. Green candles assign volume to buyers, while red candles assign volume to sellers. This method does not use classic candle delta, but instead builds a clear picture of dominance inside the zone. Additionally, a Weighted Center is calculated for each box. It represents the true volume equilibrium level within the zone and often acts as a dynamic reaction point for price. █ FEATURES Data source The indicator can use: - candle volume - pseudo volume (candle body size) Calculations - volume moving average (SMA) - volume aggregation into boxes - bullish / bearish volume split - Weighted Center calculation Visualization - volume boxes (bullish / bearish) - box boundary lines (high / low), extended to the right and removed after breakout - dashed Weighted Center line, removed after breakout or after a defined number of bars - labels showing bullish and bearish percentages - graphical breakout signals Alerts - Box Breakout Up - Box Breakout Down - Weighted Center Up - Weighted Center Down █ HOW TO USE Adding the indicator Paste the code into Pine Editor or search for “Rolling Volume Boxes.” Main settings - Bars per Box – number of candles per box - SMA Length – volume moving average length - Multiplier – zone detection sensitivity - Use Pseudo Volume – enable pseudo volume - Show Labels – percentage labels Key elements are box boundary lines and the Weighted Center line. They are extended to the right, disappear automatically after price breaks them, and act as dynamic market reaction levels. █ APPLICATION High-volume zones Box levels often later become natural support and resistance levels. Consolidations and ranges With larger boxes, their boundaries often define the price range. If no breakout occurs for several candles after a box is formed, the probability of sideways movement increases – range trading may be considered. Breakout trading Breaking the upper or lower box boundary may signal: - trend continuation - the start of a new impulse Trend analysis In a strong trend, the internal structure of boxes helps detect decreasing dominance of one side and increasingly balanced proportions, which often acts as an early warning of trend weakening. Combining with other tools The indicator works best together with: - trend indicators - price levels (pivots, S/R) - momentum oscillators Example - price approaches resistance + momentum weakens → in this situation, it is worth considering whether to open a position in line with the dominant trend or, alternatively, wait for a potential trend reversal █ NOTES - on markets without volume data, enable pseudo volume - not a standalone trading indicator - best results are achieved when used in market context This indicator may not work properly on certain markets, especially on indices, synthetic instruments and all assets where volume and candle data are aggregated or artificially constructed (e.g. market cap indices, CFD, composite tickers). In such cases, volume does not reflect real market activity and candles are not based on actual transactions, which makes the boxes lose their analytical value and potentially become misleading.
Pine Script® indicator
by Uncle_the_shooter
2
TLADe GEX Dashboard - ES/SPX/SPY Gamma Exposure LevelsA professional framework for Gamma Exposure analysis on S&P 500 instruments. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ WHAT THIS INDICATOR DOES This indicator visualizes key strategic levels derived from Gamma Exposure (GEX) analysis — the zones where dealer hedging flows create measurable support and resistance. What you see: - Call Walls — resistance zones where dealers hedge against upside - Put Walls — support zones where dealers hedge against downside - Zero Gamma — the structural pivot between mean-reversion and trend - Expected Move bands — statistical range boundaries - GEX Histogram — gamma distribution profile directly on chart ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ KEY FEATURES ▸ Ticker Switcher Select ES, SPX, or SPY directly in settings. Data converts automatically. One script, three instruments. ▸ GEX Profile Histogram See gamma distribution as horizontal bars on your chart. Instantly spot where positioning clusters. ▸ Color Themes Choose between Boreal, Classic, or Lady Trader palettes. ▸ Level Toggles Show/hide level groups independently: GEX Levels | System Levels | Structure Levels ▸ Rich Tooltips Hover for details: GEX values, Call/Put ratio, Hold/Break probabilities. ▸ Flip Detection When price crosses a level, it automatically updates role and style (solid → dashed). ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ HOW TO READ THE LEVELS Each line represents a zone where price reaction is statistically probable: - Thick solid lines = level not yet crossed - Dashed lines = level flipped (price crossed through) - Cyan/Teal or Green = potential support (Put Walls) - Pink/Red = potential resistance (Call Walls) - Gray = structural levels (Zero Gamma, Vol Bands, PDH/PDL) The indicator shows structure, not predictions. Use it to identify where the market is likely to react — not which direction it will go. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ PRO TIP: CONFLUENCE This tool is most powerful when combined with your own analysis. Highest-probability setups occur when GEX levels align with: Price action zones (support/resistance, order blocks) Volume Profile (HVN/LVN, VWAP) Technical structure (prior highs/lows, trend lines) One level alone is information. Confluence is edge. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ABOUT THE DATA The levels shown use a static snapshot for demonstration. For current session data, export fresh scripts from the TLADe terminal at tradelikeadealer.com ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ DISCLAIMER This tool is for informational and educational purposes only. It does not constitute financial advice. Trading involves significant risk. Past structure does not guarantee future behavior.
Pine Script® indicator
by TLADe_TradeLikeaDealer
22
Ranked Exchange Volume (REV)📊 Ranked Exchange Volume (REV) - Multi-Venue Volume Distribution Visualizer ## Stop Guessing Where the Real Volume Is. See It. Most traders look at aggregate volume and miss the critical story: **where** that volume actually traded. Ranked Exchange Volume (REV) solves this by revealing the complete liquidity landscape across multiple trading venues in a single, elegant visualization. This isn't just another volume indicator—it's a **dynamic stratified histogram** that automatically reorganizes exchange layers by magnitude on every bar, showing you **instant market dominance** at a glance. --- ## 🎯 The Core Innovation: Self-Organizing Volume Layers REV displays volume from up to 10 different exchanges as **stacked, color-coded bars** where the largest volume source literally rises to the top. Watch as exchanges compete for dominance in real-time: - **Largest volume = Top of the bar** (most visible position) - **Smallest volume = Bottom of the bar** (foundation layer) - **Everything in between = Automatically sorted on every candle** This visual hierarchy makes it instantly obvious which venues are leading the market—no mental math required. --- ## ✨ Key Features ### 🔄 **Dynamic Layer Sorting** Unlike static stacked charts, REV uses real-time stratification. If Binance had 60% of volume last bar but Coinbase takes 70% this bar, you'll see Coinbase jump to the top. The hierarchy reflects current reality, not a fixed order. ### 🎨 **10 Fully Customizable Exchange Slots** Each exchange slot offers complete control: - **Enable/Disable toggle** - Turn exchanges on/off without losing your configuration - **Custom prefix** - Track ANY exchange on TradingView (BINANCE, KRAKEN, OANDA, FXCM, etc.) - **Custom suffix** - Specify quote currency (USDT, USD, EUR, or leave blank for stocks/forex) - **Display name** - Control how exchanges appear in the rankings table - **Color selection** - Match your chart theme or use brand colors for instant recognition ### 📊 **Live Rankings Table** A real-time leaderboard shows: - **Rank** - Current position (1 = highest volume) - **Exchange name** - With color-coded background - **Volume** - Intelligently formatted with K/M/B units - **Percentage** - Exact market share **Table positioning:** Choose from 9 screen positions (top/middle/bottom × left/center/right) to keep your chart clean. ### 🧮 **Intelligent Volume Formatting** REV automatically detects volume magnitude and applies the appropriate scale: - **Billions** - Displays as "1.5B" for readability - **Millions** - Displays as "342.8M" - **Thousands** - Displays as "45.2K" - **Full numbers option** - Toggle to see complete values (23,456,789) The scale adjusts per-bar, so you always see the clearest representation. ### 🚨 **Three Built-In Alert Conditions** 1. **Exchange Dominance Alert (>50%)** - Triggers when a single venue controls majority of volume - Signals potential liquidity concentration risk or exchange-specific events 2. **Volume Spike Alert (>2x average)** - Detects unusual aggregate activity across all venues - Catches breakouts, news events, or institutional flow 3. **Liquidity Migration Alert** - Fires when market leadership shifts between exchanges - Reveals arbitrage opportunities or changing market structure ### 📈 **Optional Total Volume Line** Display aggregate volume from all exchanges as a reference overlay with customizable color. --- ## 🌍 Market Compatibility: Beyond Crypto While optimized for cryptocurrency (its primary design), REV works across multiple asset classes: ### ✅ **Cryptocurrency (Perfect Fit)** **Why it excels:** Crypto trades 24/7 across dozens of global exchanges simultaneously. REV reveals true price discovery. **Example configurations:** - **BTC/USDT:** Compare Binance, Coinbase, OKX, Bybit, Kraken, Bitget - **ETH/USD:** Track institutional venues (Coinbase, Kraken, Gemini) vs retail (Binance, Gate.io) - **Altcoins:** Identify which exchanges have the deepest liquidity before placing large orders **Trading applications:** - **Arbitrage detection** - Spot when volume migrates between venues (price differential opportunities) - **Exchange risk** - Don't trade on exchanges with suspiciously low volume - **Whale tracking** - Sudden Coinbase dominance often signals institutional activity - **Market maker identification** - Consistent Binance leadership suggests MM concentration ### ✅ **Forex (Excellent Fit)** **Why it works:** Forex doesn't have centralized exchanges—it trades OTC across multiple broker feeds. REV shows which data providers are seeing the action. **Example configurations:** - **EUR/USD:** Compare OANDA, FXCM, FOREX.COM, FX_IDC, CAPITALCOM - **GBP/JPY:** Track volatility across broker feeds - **Exotics:** Verify liquidity before trading thin pairs **Setup notes:** - Leave **suffix field blank** for forex - Use broker prefixes: OANDA, FXCM, FOREXCOM, FX_IDC, SAXO - Symbol constructs as "OANDA:EURUSD" **Trading applications:** - **Spread verification** - Higher volume feeds typically offer tighter spreads - **News event tracking** - See which brokers capture the most flow during announcements - **Session analysis** - Watch London/NY volume shifts across different providers ### ⚠️ **Stocks (Limited But Useful)** **Where it works:** - **Dual-listed stocks** - Canadian companies on TSX and NYSE - **International ADRs** - Same company, different exchanges - **ETF arbitrage** - Compare volume across regional listings **Example configurations:** - **Shopify (SHOP):** Compare TSX vs NYSE volume - **Alibaba (BABA):** NYSE vs HKEX volume - **European stocks:** Compare primary exchange vs secondary listings **Setup notes:** - Leave **suffix field blank** - Use exchange prefixes: NYSE, NASDAQ, TSX, LSE, XETRA - Note: TradingView doesn't show per-venue volume for U.S. equities (NYSE vs BATS vs ARCA all aggregate) **Limitations:** Most stocks trade primarily on one exchange, so REV is less valuable than in crypto/forex. ### ❌ **Futures (Not Recommended)** Futures contracts differ by exchange (CME's ES ≠ EUREX's FESX), so volume isn't comparable. --- ## 📚 Practical Use Cases ### 1. **Pre-Trade Liquidity Analysis** Before entering a large position, check which exchanges have sufficient volume to fill your order without slippage. **Example:** You want to sell 50 BTC. REV shows Binance has 2,340 BTC volume this hour while a smaller exchange has only 87 BTC. Route your order to Binance for better execution. ### 2. **Exchange Risk Management** Identify "fake volume" or wash trading by comparing venues. **Red flag pattern:** An exchange consistently shows 10x the volume of competitors but with minimal price impact—likely artificial. ### 3. **Arbitrage Opportunity Detection** When volume suddenly concentrates on one exchange, price premiums/discounts often appear. **Alert pattern:** Liquidity Migration alert fires → Check price differences → Execute arb if spread exceeds fees. ### 4. **Institutional Flow Tracking** In crypto, institutions typically use regulated exchanges (Coinbase, Kraken, Gemini). **Pattern to watch:** Coinbase volume spikes to 60%+ dominance → Often precedes directional moves as institutions position. ### 5. **Market Structure Analysis** Watch long-term trends in exchange dominance to understand market evolution. **Example insight:** "Binance's market share has dropped from 70% to 45% over 6 months as traders diversify to OKX and Bybit." ### 6. **Event Response Comparison** During major news events, see which exchanges react first. **Analysis:** If one exchange shows volume spike 5 minutes before others, that feed may have faster news incorporation. --- ## ⚙️ Technical Specifications - **Maximum exchanges:** 10 simultaneous venues - **Sorting algorithm:** Bubble sort (O(n²) but optimal for n=10, prioritizes stability) - **Update frequency:** Real-time, every bar - **Data handling:** Gracefully ignores invalid symbols, treats NA as zero - **Chart type:** Non-overlay (separate pane below price) - **Performance:** Lightweight, no lag on any timeframe --- ## 🚀 Getting Started ### Quick Setup (5 Minutes) **For Crypto Traders (Default Configuration):** 1. Add indicator to any crypto chart (BTC, ETH, SOL, etc.) 2. Works immediately—top 10 exchanges pre-configured 3. Customize colors if desired 4. Position table to your preference **For Forex Traders:** 1. Open any forex pair (EUR/USD, GBP/JPY, etc.) 2. Go to Exchange 1 settings 3. Change prefix to "OANDA" (or your preferred broker) 4. **Clear the suffix field** (leave it blank) 5. Repeat for other exchanges (FXCM, FOREXCOM, FX_IDC, etc.) 6. Disable any unused exchange slots **For Stock Traders (Dual-Listed):** 1. Open a dual-listed stock (e.g., SHOP on TSX) 2. Exchange 1: Prefix = "TSX", Suffix = blank, Name = "Toronto" 3. Exchange 2: Prefix = "NYSE", Suffix = blank, Name = "New York" 4. Disable exchanges 3-10 5. Compare volume distribution ### Advanced Customization **Tracking Regional Markets:** Want to compare Korean vs Japanese crypto exchanges? - Exchange 1: UPBIT (Korean) - Exchange 2: BITHUMB (Korean) - Exchange 3: BITFLYER (Japanese) - Exchange 4: COINCHECK (Japanese) **Isolating Institutional Volume:** Focus only on regulated U.S. exchanges: - Enable: Coinbase, Kraken, Gemini - Disable: All others - Watch for >50% dominance alerts --- ## 👥 Who Is This For? ### ✅ **Perfect for:** - **Crypto day traders** - Need to know where liquidity actually is - **Arbitrage traders** - Spot cross-exchange inefficiencies - **Institutional traders** - Validate execution venues before large orders - **Forex scalpers** - Compare broker feeds for best execution - **Market structure analysts** - Track long-term exchange dominance trends ### ❌ **Less useful for:** - **Long-term investors** who don't care about short-term liquidity - **Single-exchange traders** who never compare venues - **Futures traders** (contracts differ by exchange) --- ## 🎓 Understanding the Visualization **What each colored segment means:** Each horizontal stripe represents one exchange's volume contribution. The **height** of each stripe shows that exchange's volume relative to others. **Reading the pattern:** - **Dominant top layer** (50%+ of bar) = Clear market leader - **Evenly distributed layers** (10-15% each) = Fragmented liquidity - **Sudden layer reorganization** = Liquidity migration event - **Shrinking bottom layers** = Exchanges losing market share **Color coding strategy:** The indicator defaults to exchange brand colors for instant recognition: - Yellow = Binance (their signature gold) - Blue = Coinbase (their brand blue) - Purple = Kraken (their brand purple) - etc. You can customize all colors to match your chart theme. --- ## 🔧 Configuration Tips ### **Best Practices:** 1. **Start with defaults** - Test on BTC/USDT to understand behavior 2. **Disable unused exchanges** - Cleaner visualization, faster computation 3. **Match your trading venues** - Only track exchanges you actually use 4. **Use brand colors initially** - Helps build visual pattern recognition 5. **Enable alerts strategically** - Don't spam yourself; focus on actionable signals ### **Common Mistakes to Avoid:** ❌ Tracking too many irrelevant exchanges (creates visual noise) ❌ Forgetting to clear suffix for forex/stocks (symbol won't construct properly) ❌ Using the same color for multiple exchanges (defeats instant recognition) ❌ Hiding the table permanently (you lose the percentage data) --- ## 📊 Performance Notes - **Lightweight computation** - No impact on chart performance - **Works on all timeframes** - 1-minute to monthly - **Historical analysis** - Full bar history available (max_bars_back=5000) - **Multi-monitor friendly** - Table positioning adapts to any screen layout --- ## 🆕 Future Enhancements (Planned) While the current version is feature-complete, potential additions include: - Volume-weighted average price (VWAP) overlay per exchange - Historical dominance charts (which exchange led most this week/month) - Correlation matrix (do exchanges move together or independently?) **User feedback shapes development** - Comment with your requests! --- ## 💡 Pro Tips ### **Tip 1: The "Whale Exchange" Filter** In crypto, institutions use Coinbase/Kraken. Enable ONLY these two exchanges to isolate professional flow and ignore retail noise. ### **Tip 2: The "Arbitrage Scanner"** Set Liquidity Migration alert on 1-minute timeframe. When it fires, check price across exchanges—often there's a temporary premium/discount. ### **Tip 3: The "Liquidity Gauge"** Before placing a large market order, switch to 5-minute timeframe and check last 10 bars. If your target exchange consistently has <20% of volume, you'll face slippage. ### **Tip 4: The "Market Structure Tracker"** Take screenshots of the table weekly. Over time, you'll see exchange market share trends that reveal fundamental shifts in trader preferences. ### **Tip 5: The "News Event Validator"** During major announcements (Fed decisions, earnings, etc.), watch which exchange shows volume first. That's where informed traders are positioned. --- ## 🎯 Summary **Ranked Exchange Volume (REV) transforms volume analysis from a single number into a complete market microstructure view.** Instead of seeing "1.2M volume," you see: - Binance: 640K (53%) - Coinbase: 280K (23%) - OKX: 180K (15%) - Bybit: 100K (9%) **That's actionable intelligence.** Whether you're executing a large crypto trade, arbitraging forex across brokers, or validating liquidity before buying a dual-listed stock, REV shows you **where the market actually is**—not where you assume it is. --- ## 📖 Quick Reference Card | Feature | What It Does | Why It Matters | |---------|-------------|----------------| | **Dynamic Sorting** | Largest volume rises to top | Instant dominance identification | | **10 Custom Slots** | Track any exchanges | Works for YOUR trading venues | | **Live Rankings** | Real-time leaderboard | Precise market share data | | **Smart Formatting** | Auto K/M/B scaling | Always readable, never cluttered | | **Dominance Alert** | Warns at >50% concentration | Risk management for large orders | | **Migration Alert** | Fires on leadership change | Arbitrage opportunity signal | | **Spike Alert** | Detects 2x volume surges | Breakout/news confirmation | | **Total Line** | Shows aggregate volume | Reference for overall activity | | **Table Positioning** | 9 screen locations | Adapts to your layout | | **Full/Short Toggle** | Complete vs abbreviated numbers | Flexibility for different assets | --- ## ✅ Installation & Support **Install:** Add to your TradingView favorites, apply to any chart **Updates:** Automatic through TradingView **Support:** Comment with questions—active developer community **Like this indicator?** Leave a ⭐ rating and share with fellow traders who need better volume intelligence. --- **🚀 Start seeing the complete volume picture. Add Ranked Exchange Volume to your charts today.**
Pine Script® indicator
by KevinSvenson_
1
Opening Range Breakout (ORB) with Dual Timezones + Auto-OffOpening Range (Dual TZ) + Auto-Off (Clean) This indicator plots a clean Opening Range Box (ORB) with ORH/ORL levels and a midline, built for traders who want structure without clutter. The main feature is Dual Timezone support, meaning you can run two separate Opening Ranges in parallel (TZ1 + TZ2) on the same chart — ideal if you track multiple market opens (e.g., NY + London) from one workspace. Key Features • Dual ORB sessions (TZ1 + TZ2) • Customization of both timezones, ORB principles (that suits you the best) • Run two independent opening range sessions simultaneously • Each has its own range calculation, box, ORH/ORL lines, labels, fill, and midline • Clean output (no targets, no breakout signals) • Focused on the core OR structure only • Great for discretionary trading and level-based execution • Separate Auto-Off for TZ1 and TZ2 • Automatically removes ALL drawings after a user-defined time (minutes after OR end) • Helps keep charts clean during the rest of the day • TZ1 and TZ2 can be disabled on different timers • Historical toggle • If Show Historical Data = OFF, the script deletes previous session drawings at the next session start • If ON, prior sessions remain visible What’s Drawn • Opening Range box (high/low during session) • ORH (Opening Range High) line + label • ORL (Opening Range Low) line + label • Midline (average of ORH/ORL) • Highlight fill between ORH/ORL Typical Use Cases • Track NY ORB + London ORB at the same time • Use ORH/ORL as intraday support/resistance anchors • Keep your chart clean with Auto-Off after your active trading window Notes • Works best on the 1/5 minute timeframes (the OR is session-based). • If both sessions overlap, drawings may overlap as well — that’s expected since both ORBs are active simultaneously.
Pine Script® indicator
by Mouiii
Weekly Breakout Confirm + RS vs BTC + VolumePurpose The Weekly Breakout Confirmation indicator validates whether price has structurally exited a prior weekly range and whether that breakout is supported by volume expansion and relative strength vs BTC. It is a regime confirmation tool, designed to separate real breakouts from false ones. ________________________________________ Core Components 1. Weekly Donchian Channel • Upper band (green): prior weekly range high • Lower band (red): prior weekly range low • Calculated on weekly data with no repainting These levels define the structural range the market must escape to enter a new regime. ________________________________________ 2. Weekly Breakout (W BO) Triggered when: • Weekly close breaks above the upper Donchian band • Volume confirms expansion • Optional filter: relative strength vs BTC is rising Displayed as: • Bullish breakout marker • Green structure line remains on chart as reference ________________________________________ 3. Weekly Breakdown (W BD) Triggered when: • Weekly close breaks below the lower Donchian band • Volume confirms expansion • Optional filter: relative strength vs BTC is weakening Displayed as: • Bearish breakdown marker • Red structure line remains on chart as reference ________________________________________ 4. Relative Strength vs BTC • Measures asset performance relative to BTC on a weekly basis • Helps identify: o True altcoin leadership o False breakouts driven only by BTC beta • Optional requirement for breakout validation ________________________________________ 5. Volume Confirmation • Weekly volume must exceed a moving average threshold • Filters out low-participation breakouts • Ensures institutional-grade participation ________________________________________ What the Indicator Is Signaling • Confirmed regime transitions • Entry into: o Sustained trends o Distribution phases o Structural breakdowns Once a breakout is confirmed: • The prior range is invalidated • The green/red line becomes support/resistance reference, not a trigger ________________________________________ How to Use It Best used for: • Determining whether the market is trending or ranging • Confirming whether weekly EMA squeezes are actionable • Managing exposure duration and risk tolerance Interpretation framework: • W BO + rising RS + volume → trend acceptance • W BO without RS → BTC-driven move (lower confidence) • No recent W BO / W BD → consolidation regime • W BD → risk-off, defensive posture
Pine Script® indicator
by tgaines17
Coinbase/Binance Premium Histogram with SMA- Indicator Name and Purpose: The Coinbase/Binance Premium Histogram with SMA is a TradingView indicator designed to visualize the price differential, or premium, between Coinbase and Binance exchanges for a specified cryptocurrency base asset, such as BTC in BTCUSD. - Dynamic Symbol Construction: It automatically extracts the base currency from the current chart symbol and constructs the appropriate tickers for Coinbase (e.g., COINBASE:BTCUSD) and Binance (e.g., BINANCE:BTCUSDT). - Price Retrieval and Premium Calculation: The indicator fetches closing prices from both exchanges and computes the premium as the difference between the Coinbase price and the Binance price. - Histogram Visualization: The premium is plotted as a histogram in a separate pane below the main chart. Positive premiums (higher prices on Coinbase) are colored green, while negative premiums (higher on Binance) are colored red. - Simple Moving Average (SMA) Integration: A user-configurable SMA of the premium is included, with a default length of 14 periods, displayed as a gray line to offer a smoothed trend perspective. - Analytical Utility: This tool facilitates the examination of exchange-specific pricing variations, which may indicate potential arbitrage opportunities or market disparities. - Interpretation of the Premium: A positive Coinbase premium, indicating that Bitcoin trades at a higher price on Coinbase compared to Binance, often reflects strong buying pressure from U.S.-based investors and institutions. This heightened demand can signal potential upward momentum in Bitcoin's price, as it may precede broader market rallies driven by increased institutional interest and optimistic sentiment. Conversely, a negative premium suggests weaker U.S. demand or selling pressure, which could contribute to downward price movements. - Compatibility with Other Cryptocurrencies: The script is designed to function with all cryptocurrencies that have a USD trading pair on Coinbase and a USDT pair on Binance. It delivers the highest proven signal strength for Bitcoin, where the premium has historically served as a reliable indicator of price direction. The indicator has also demonstrated effectiveness for other assets, such as Ethereum, where a positive premium similarly signals robust U.S. demand and potential bullish momentum. It can be applied to coins like Solana as well, though signal reliability may vary depending on market dynamics and institutional participation.
Pine Script® indicator
by zymmetric
Smart Money Volume Index [AlgoAlpha]🟠 OVERVIEW This script measures buying and selling interest by comparing how price behaves on rising volume versus falling volume. It separates what is often called “smart money” activity from more passive volume and turns that relationship into a normalized index. The result is an oscillator that shows whether buyers or sellers are in control, how strong that control is, and when interest reaches extreme levels that tend to matter for reversals or continuations. 🟠 CONCEPTS The calculation starts by splitting volume flow into two streams. Positive Volume Index (PVI) reacts when volume expands, while Negative Volume Index (NVI) reacts when volume contracts. Each stream is detrended with a long EMA and passed through an RSI calculation to express relative pressure. These two RSIs are then compared as ratios to estimate buy-side and sell-side interest. The values are summed over a rolling window and normalized against historical peaks so the output stays bounded and comparable across markets. In simple terms: relative behavior on high-volume vs low-volume bars defines interest , and normalization makes that interest readable over time. 🟠 FEATURES Two display modes: Compare (separate buy and sell interest) and Net (single combined oscillator) High-interest threshold zones with visual highlights Alert conditions for threshold crosses and zero-line shifts 🟠 USAGE Setup : Add the script to your chart. Choose Net mode for a clean momentum-style read, or Compare mode to see buy and sell interest separately. Start with the default periods, then adjust the Index Period to control how much history is included. Read the chart : Values above zero mean buy-side interest dominates; below zero means sell-side interest dominates. In Compare mode, the green line tracks buying interest and the red line tracks selling interest. When either side pushes beyond the high-interest threshold, participation is elevated and moves tend to be more meaningful. Settings that matter : Increasing the Index Period smooths the index and focuses on longer participation trends. Changing the Volume Flow Period alters how sensitive the RSI-based pressure is. The High Interest Threshold controls how selective extreme signals are and directly affects alerts and zone highlights.
Pine Script® indicator
by AlgoAlpha
7
[HFT] Leaky Bucket: FPGA-Based Order Flow SimulationDescription: This indicator is a functional simulation of a hardware-based "Leaky Bucket" algorithm, typically used in FPGA (Field-Programmable Gate Array) chips for High-Frequency Trading (HFT) and network traffic shaping. Unlike standard volume indicators (like OBV or CMF) that rely on floating-point Moving Averages (EMA/SMA), this script uses Bitwise Integer Math to simulate hardware registers. This approach removes the lag associated with smoothing and provides a raw, "tick-by-tick" representation of Order Flow exhaustion. █ Underlying Concepts (How it works) Integer Math & Bitwise Logic: The script eschews standard float calculations for int registers. Instead of division, it uses Bitwise Right Shift (>>) to simulate the "leak" rate. This mimics how hardware processes data streams with near-zero latency. The Leaky Bucket Model: Flow (Input): Volume * Price Delta flows into a "Bucket" (Accumulator Register). Leak (Output): The bucket leaks at a constant rate determined by the Decay Shift. Saturation: If the Flow > Leak, the bucket fills. We simulate a 32-bit integer saturation limit (sat_limit). When the bucket hits this limit, it represents "Panic Buying/Selling" — the market capability to absorb orders is saturated. █ Uniqueness & Originality This is custom-built code, not a mashup of existing indicators. It translates hardware logic (Verilog/VHDL concepts) into Pine Script: It introduces a "Saturation Warning" mechanism that detects when volume pressure exceeds mathematical limits. It implements a "Gray Line" Strategy, focusing on volatility decay rather than momentum initiation. █ How to Use: The "Gray Line" Strategy This tool is designed for Mean Reversion and Exhaustion Trading, specifically on M1 to M5 timeframes. Do NOT trade the breakout: When you see massive Green (Long) or Purple (Short) bars, this indicates "Extreme Momentum". Do not enter yet. Wait. Wait for the "Gray Line": The signal is generated when the Extreme Momentum stops and the bar turns Gray (Neutral). Signal L (Long): Generated when a sequence of Extreme Short bars (Purple) ends, and the histogram returns to Gray/Maroon. This confirms sellers are exhausted. Signal S (Short): Generated when a sequence of Extreme Long bars (Green) ends, and the histogram returns to Gray/Teal. This confirms buyers are exhausted. █ Disclaimer This script is intended for educational purposes regarding HFT algorithms and Order Flow analysis. It does not provide financial advice.
Pine Script® indicator
by mentalExpert19609
Apex Wallet - Ultimate Trend Meter: 9-in-1 Multi-Layer Momentum Overview The Apex Wallet Trend Meter is an advanced decision-making dashboard designed to provide a comprehensive view of market conditions without cluttering your main price chart. It synthesizes complex data from 9 different technical sources into a clean, horizontal visual grid, allowing traders to spot confluence at a single glance. The Power of Confluence Instead of switching between multiple oscillators, this tool monitors: Triple EMA Structure: Tracks Short, Medium, and Long-term trend directions. Momentum Suite: Real-time status of RSI, Stochastic, and StochRSI. Advanced Analyzers: Includes MACD (Line/Signal), TDI (Traders Dynamic Index), and the Andean Oscillator for trend exhaustion and volatility states. Smart Delta Net: A sophisticated Volume Delta engine that filters market noise through customizable modes (Buy/Sell, Neutral, or Automatic). Key Features: Adaptive Trading Presets: One-click selection for Scalping, Day-Trading, or Swing-Trading. The script automatically recalibrates all 9 indicator periods to fit your timeframe. Market Bias Filtering: Indicators are color-coded based on their alignment with the global market trend. Signals only turn Bullish or Bearish when they align with the master trend EMA. Dynamic Delta Grid: Displays scaled net volume values directly inside the grid for precise institutional flow tracking. Fully Customizable UI: Toggle any layer on/off and adjust the layout density to match your workspace. How to use: Look for "Vertical Confluence." When multiple layers turn the same color simultaneously, it indicates a high-probability momentum shift.
Pine Script® indicator
by Apex-Wallet
Buy / Sell Volume LabelsINDICATOR NAME: Buy/Sell Volume Labels DESCRIPTION: Buy/Sell Volume Labels displays real-time buying and selling volume with dynamic color-coded labels that highlight market dominance. The indicator automatically emphasizes the dominant side (buy or sell) with bright green or red backgrounds, while the non-dominant side fades to gray for instant visual clarity. Key Features: - Dynamic Color Coding: Dominant volume side displays in bright green (buy) or red (sell), non-dominant side in gray - Trend Indicator: Optional "Bullish Trend", "Bearish Trend", or "Neutral" label shows current market bias - Flexible Display Options: Choose to show percentages only, volume only, or both - Customizable Position: Place labels anywhere on chart (top, center, bottom; left, center, right) - Adjustable Size: Six size options from Tiny to Huge, including Auto - Lookback Period: Calculate volume for current bar or sum across multiple bars - Neutral Threshold: Define when market is considered neutral vs. trending How It Works: - The indicator calculates buying and selling volume based on where price closes within each bar's range. When buying volume dominates, the Buy label turns bright green with black text while the Sell label turns gray. When selling dominates, the Sell label turns bright red with white text while the Buy label turns gray. This makes it immediately obvious which side controls the market. Perfect For: - Day traders and scalpers on futures (/MNQ, /ES, /NQ) - Identifying accumulation vs. distribution phases - Confirming trend strength and reversals - Quick visual assessment of market pressure - All timeframes from tick charts to daily Settings: - Header location (9 positions) - Display mode (Volume, Percent- age, or Both) - Table size (Tiny to Huge + Auto) - Lookback period (bars) - Trend label toggle - Neutral threshold percentage Created by NPR21 for the TradingView community.
Pine Script® indicator
by NPR21
srd786-Intraday VWAP Price Action IndicatorDISCLAIMER This Pine Script indicator does not constitute financial advice; it is just intended for educational and informational purposes. It functions as a tool for technical analysis that could help traders spot possible trading opportunities. It is crucial to remember that participating in financial markets has a number of risks that might result in large losses and are not suitable for all investors. Users are encouraged to conduct their own thorough investigation and analysis prior to using this indicator. Avoiding trading with money that one cannot afford to lose is essential. It is also advised to seek advice from a certified financial expert. Users must use suitable risk management techniques and recognize that past success does not guarantee future outcomes. Any losses, damages, or other consequences resulting from the usage of this indicator are not the author's responsibility. The user is ultimately responsible for all trading decisions, therefore using this tool is at their own risk. INTRODUCTION The “srd786-Intraday VWAP Price Action Indicator” is a sophisticated Pine Script (version 6) trading tool designed for intraday traders who focus on New York session trading hours. This indicator combines multiple technical analysis concepts including Volume Weighted Average Price (VWAP), Average True Range (ATR) for risk management, swing point detection for support/resistance identification, and momentum analysis through RSI. The primary objective is to generate high-probability long and short signals based on price action confluence with trend, momentum, and key structural levels. 1. VWAP (Volume Weighted Average Price): Shows the "fair" average price based on both price and trading volume. 2. ATR (Average True Range): Measures how much the price typically moves each day. 3. Trend Analysis: Identifies whether the market is going up, down, or sideways. 4. Momentum Indicators: Shows how strong the current price movement is. 5. Support & Resistance: Identifies key price levels where the price might stop or reverse. 6. Swing Points: Finds significant turning points in the price. This indicator is specifically optimized for the New York trading session (9:30 AM to 4:00 PM ET), making it particularly suitable for traders who focus on US market hours. It provides a complete trading framework that includes not only signal generation but also precise trade management levels including entry prices, stop-loss orders, and profit targets based on a configurable reward-to-risk ratio. The philosophy behind this indicator is confluence-based trading. Rather than relying on a single indicator or condition, it requires multiple factors to align before generating a trade signal. This approach filters out lower-probability setups and focuses only on high-quality opportunities where price action, trend direction, momentum, and key technical levels all point in the same direction. CORE CONCEPT AND METHODOLOGY Volume Weighted Average Price (VWAP) VWAP is the cornerstone of this indicator's trading methodology. Unlike a simple moving average that treats all price bars equally, VWAP incorporates volume data into its calculation, giving more weight to bars with higher trading volume. This makes VWAP a more accurate representation of the true average price where the most significant trading activity occurred. The calculation of VWAP is performed using the built-in 'ta.vwap()' function, which computes the cumulative volume-weighted average price from the beginning of the session. For intraday traders, VWAP serves as a critical reference point that indicates whether the current price is trading at a premium (above VWAP) or discount (below VWAP) relative to the session's volume-weighted average. In this indicator, the VWAP source is configurable through the 'vwapSource' parameter, with the default being HLC3 (High + Low + Close / 3). This source selection allows traders to experiment with different price types such as typical price, weighted close, or even custom sources to suit their trading style and market preferences. Average True Range (ATR) for Risk Management The Average True Range, calculated using 'ta.atr()', measures market volatility by decomposing the current range of price movement. ATR does not indicate price direction; instead, it quantifies the degree of price movement or volatility over a specified period. In this indicator, ATR serves dual purposes: determining the distance for limit orders and calculating stop-loss levels. The 'atrLength' parameter (default: 14) controls the lookback period for the ATR calculation. A shorter length makes the indicator more responsive to recent volatility, while a longer length provides a smoother average that may be more suitable for less volatile markets. The 'atrMultiplier' (default: 1.5) determines how many ATR units away the stop-loss is placed from the entry price, allowing traders to adjust their risk exposure based on current market conditions. Swing Detection and Support/Resistance Swing points represent significant turning points in price action where the market has temporarily exhausted its directional momentum. This indicator uses pivot high and pivot low calculations to identify swing highs and swing lows, which then form the basis for dynamic support and resistance levels. The 'swingLength' parameter (default: 5) defines how many bars to the left and right of a potential pivot point must be lower (for pivot highs) or higher (for pivot lows) to confirm the swing point. This lookback period helps filter out minor price fluctuations and focuses on more significant structural levels. Support and resistance levels are stored in arrays ('swingHighArray' and 'SwingLowArray'), with the most recent swing points serving as the primary reference levels. The 'srLookback' parameter (default: 20) controls the overall lookback window and also determines how many swing points to maintain in each array, ensuring that only relevant historical levels are considered. Breakout Detection When a price moves past a major support or resistance level, this is known as a price breakout. This price breakout suggests that there is a possibility of a new trend direction heading forward.Breakout detection eliminates noise, as little price fluctuations or volatility may momentarily drive prices past a threshold without authentic conviction.Detection of breakouts affirms robustness when the price above the threshold by 2%, indicating genuine market interest, and mitigates whipsaws to prevent placing trades based on transient price swings. The Breakout Tolerance parameter, set by default to 2%, regulates the breakout tolerance for the indicator. A price closure above the current high plus a minor tolerance buffer (usually 2%) indicates a potential continuation of upward movement, classified as a Bullish Breakout. Conversely, when the price closes below the recent low plus a minor tolerance buffer (usually 2%), it suggests that the price may continue to decline, which is classified as a Bearish Breakout Down. Trend Identification Trend determination is accomplished through an Exponential Moving Average (EMA) with a configurable length ('trendMaLength', default: 9). The indicator classifies trend into three states: BULLISH (price above EMA with confirmation from the previous bar), BEARISH (price below EMA with confirmation), and SIDEWAYS (price crossing or near the EMA). The EMA is chosen over simple moving averages because it responds more quickly to recent price changes while still providing enough smoothing to filter out noise. The confirmation requirement (both current and previous bar must be on the same side of the EMA) reduces false signals during periods of choppy price action. Momentum Analysis Momentum is measured using the Relative Strength Index (RSI) with a configurable length ('momentumLength', default: 9). RSI values are categorized into five states to provide nuanced momentum readings: STRONG BULL (RSI above 70), BUILDING (RSI between 55 and 70), NEUTRAL (RSI between 45 and 55), WEAKENING (RSI below 45), and STRONG BEAR (RSI below 30). This momentum categorization allows traders to distinguish between strong trending conditions (STRONG BULL/BEAR) and transitions (BUILDING/WEAKENING), providing context for trade signals and helping to avoid entering positions during momentum divergences. CONFIGURATION PARAMETERS VWAP Settings The 'vwapSource' parameter determines which price value is used in the VWAP calculation. The default value of 'hlc3' (High + Low + Close / 3) provides a balanced representation of each bar's price action. Traders can modify this to use typical price ('high + low + close / 3'), weighted close ('high + low + close + close / 4'), or other price types depending on their analytical preferences. ATR Settings The 'atrLength' parameter sets the lookback period for the Average True Range calculation. The default of 14 periods is standard across most trading platforms and timeframes, providing a good balance between responsiveness and smoothness. The 'atrMultiplier' parameter (default: 1.5) scales the ATR value to determine stop-loss distances. A multiplier of 1.5 means the stop-loss is placed 1.5 ATR units away from the entry price, providing enough buffer to accommodate normal volatility while limiting risk. Trade Settings The 'rrRatio' parameter (default: 3.0) establishes the reward-to-risk ratio for trade targets. A ratio of 2.0 means the profit target is twice the distance of the stop-loss from the entry price. The 'limitOrderDistance' parameter (default: 0.5) determines how far below (for long trades) or above (for short trades) the current close the limit order is placed, measured in ATR units. This allows traders to enter positions at better prices while waiting for pullbacks. Swing Detection Settings The 'swingLength' parameter (default: 5) controls pivot identification sensitivity. Higher values identify more significant swing points but may miss shorter-term opportunities. The 'showSwings' boolean parameter toggles the visual display of swing high and low points on the chart. Support & Resistance Settings The 'srLookback' parameter (default: 20) defines how many bars back to search for swing points and support/resistance levels. The 'breakoutTolerance' parameter (default: 0.02 or 2%) adds a small buffer to breakout detection to account for minor penetration of support/resistance levels due to price spikes or slippage. Trend & Momentum Settings The 'trendMaLength' parameter (default: 9) sets the EMA length for trend determination, while 'momentumLength' (default: 9) sets the RSI lookback period. Both should be at least 5 periods for meaningful calculations. Table Settings The 'showTable' parameter (default: true) enables the display of two information tables that provide real-time data on Indicator values and trade levels. SIGNAL GENERATION LOGIC Long Signal Conditions A long signal is generated when all the following conditions are simultaneously true: 1. Session Filter: The trade must occur during New York session hours (9:30 AM - 4:00 PM ET). 2. Trend Confirmation: The trend must be BULLISH (price above EMA with confirmation). 3. Price Position: Current price must be above VWAP, indicating bullish price action. 4. Breakout or No Resistance: Either price is breaking out above resistance level with tolerance, or there is no prior resistance level to overcome. 5. Momentum Alignment: Momentum must be either STRONG BULL or BUILDING. This confluence of conditions ensures that long trades are only taken when the market is trending higher, price is confirming strength by trading above VWAP, and momentum is supportive of continued upward movement. Short Signal Conditions A short signal is generated when all the following conditions are simultaneously true: 1. Session Filter: The trade must occur during New York session hours 2. Trend Confirmation: The trend must be BEARISH (price below EMA with confirmation) 3. Price Position: Current price must be below VWAP, indicating bearish price action 4. Breakout or No Support: Either price is breaking down below support level with tolerance, or there is no prior support level to overcome 5. Momentum Alignment: Momentum must be either STRONG BEAR or WEAKENING Similar to long signals, short trades require alignment across multiple timeframes and analytical approaches, filtering out counter-trend trades and focusing on high-probability setups. TRADE MANAGEMENT FRAMEWORK Entry Price Calculation For long trades, the limit order price is calculated as: 'Close - (ATR Value × Limit Order Distance)'. This places the entry price below the current close, allowing traders to buy on dips while maintaining a favorable entry price. For short trades, the limit order is placed above the current close: 'Close + (ATR Value × Limit Order Distance)'. The limit order distance is expressed in ATR units, making it adaptive to current volatility conditions. In more volatile markets, the limit order will be placed further from the current price, while in calmer markets, it will be closer. Stop-Loss Placement Stop-loss levels are calculated using the ATR multiplier to ensure adaptive risk management. For long trades: 'Entry Price - (ATR Value × ATR Multiplier)'. For short trades: 'Entry Price + (ATR Value × ATR Multiplier)'. This adaptive approach to stop-loss placement means that in volatile markets, stops are wider to avoid being stopped out by normal price fluctuations, while in quieter markets, stops are tighter to limit potential losses. The default multiplier of 1.5 provides approximately 1.5 times the average true range of protection. Target Price Calculation Profit targets are determined by the reward-to-risk ratio: 'Entry Price + (ATR Stop Distance × RR Ratio)' for long trades and 'Entry Price - (ATR Stop Distance × RR Ratio)' for short trades. The default ratio of 2.0 means the target is twice the distance of the stop-loss, providing a favorable risk-reward profile. New York Session Tracking The indicator includes specialized logic for tracking the New York session open price. When a new NY session begins (determined by the 'isNewNySession' variable), the current open price is recorded and maintained throughout the session. This provides a reference point for measuring intraday directional bias from the session's starting level. INFORMATION TABLES Indicators Table This table displays the current price, VWAP value, NY session open price, support level,resistance level, ATR, ATR-scaled stop distance, current trend classification, momentum state with RSI value, and breakout status. All values are color-coded based on their bullish or bearish implications. The VWAP cell is color-coded green if price is above VWAP (bullish) and red if below (bearish), providing instant visual confirmation of price's position relative to this critical level. Trade Levels Table This table shows current signal status (LONG, SHORT, or WAIT), limit order distance in ATR units, calculated limit order price, stop-loss level, and target price with the reward-to-risk ratio displayed. The signal cell is highlighted in green for long signals and red for short signals. ALERT CONDITIONS The indicator includes four alert conditions that can be configured in TradingView: 1. LONG Signal: Triggers when a long signal is generated, providing entry price, stop-loss, and target information. 2. SHORT Signal: Triggers when a short signal is generated with corresponding trade details. 3. Breakout Up: Notifies when price breaks out above resistance level. 4. Breakout Down: Notifies when price breaks down below support level. These alerts enable traders to receive notifications via TradingView's alert system without continuously monitoring the charts. USAGE EXAMPLES AND TRADING SCENARIOS Strong Bullish Trend with VWAP Support In this scenario, price has been trading above the 9-period EMA for multiple bars, confirming a bullish trend. The current price is above VWAP, indicating buyers are willing to pay a premium. A recent swing low has established a support level, and RSI is reading 65, indicating building momentum without being overextended. When price breaks above the recent swing high resistance with a 2% tolerance, the indicator generates a long signal. The trader places a limit order below the current bar's close (0.5 ATR units) and sets the stop-loss 1.5 ATR units below the entry, with a target 2.0 times the stop distance away. Short Setup During Volatile Session During a particularly volatile NY session, price gaps down below VWAP early in the day. The 9-period EMA is declining, and both current and previous bars are below it, confirming a bearish trend. The RSI has dropped to 28, indicating strong bearish momentum. A recent swing high serves as resistance, and when price breaks below the swing low support level, the indicator generates a short signal. The trader enters on a limit order placed 0.5 ATR units above the current price, with the stop-loss 1.5 ATR units above the entry and the target at a 2.0 reward-to-risk ratio. Avoiding Counter-Trend Trades Consider a scenario where price is above VWAP and the RSI reads 72 (overbought), but the price is below the 9-period EMA and the previous bar was also below the EMA. In this case, the trend is classified as BEARISH (or SIDEWAYS) despite the bullish price position relative to VWAP. The indicator will not generate a long signal because the trend condition is not met, protecting the trader from what could be a bear trap or continuation pattern. No Prior Levels Scenario At the beginning of a trading session or after significant volatility has cleared prior swing points, there may be no established support or resistance levels in the lookback window. In this case, the breakout condition 'or na(resistanceLevel)' allows long signals to be generated without requiring a resistance level to be broken, enabling traders to participate in emerging trends without waiting for prior levels to form. BEST PRACTICES AND TIPS Timeframe Selection This indicator is optimized for intraday timeframes (1-minute to 60-minute charts) and specifically for NY session trading. Higher timeframes may produce more reliable signals but fewer opportunities, while lower timeframes will generate more signals but with potentially lower reliability. Traders should backtest on their preferred timeframe before trading live. Market Conditions The indicator performs best in trending markets with clear directional bias. During ranging or sideways markets, the trend condition may oscillate frequently, and VWAP may oscillate around price, reducing signal quality. Consider filtering signals or reducing position size during low-volatility, range-bound conditions. Parameter Optimization While the default parameters have been selected for general applicability, traders should consider optimizing certain parameters for specific markets or instruments. For highly volatile instruments like crude oil or natural gas, increasing the 'atrMultiplier' to 2.0 or 2.5 may provide more appropriate risk management. For less volatile instruments like certain forex pairs, reducing the multiplier to 1.0 or 1.2 may improve signal quality. Multiple Timeframe Analysis For enhanced performance, traders can analyze the trend on a higher timeframe (such as 15-minute or hourly) while taking signals on a lower timeframe (such as 5-minute or 1-minute). This multi-timeframe approach ensures that signals are aligned with the larger trend direction. Risk Management While the indicator provides calculated stop-loss levels, traders should consider their overall position sizing and portfolio risk. The ATR-based stops provide a market-adaptive approach, but individual risk tolerance and account size should ultimately determine position sizing. The 2.0 reward-to-risk ratio is fixed but can be adjusted based on personal preferences or the specific characteristics of the instrument being traded. INTEGRATION WITH TRADINGVIEW Adding the Indicator To add this indicator to a TradingView chart, paste the code into the Pine Script editor and click "Add to Chart." The indicator will appear in the chart's sidebar and begin calculating immediately once sufficient historical data is available. Configuring Alerts To set up alerts, right-click on any of the alert conditions in the indicator's settings panel (long signal, short signal, breakout up, or breakout down) and select "Add Alert." Configure the alert frequency and notification methods (push notification, email, webhook, etc.) according to your preferences. Customization All input parameters can be adjusted through the indicator's settings panel without modifying the source code. Traders can experiment with different VWAP sources, ATR lengths and multipliers, swing detection parameters, and table display options to suit their trading style and market preferences. LIMITATIONS AND CONSIDERATIONS Session Dependency The indicator is specifically designed for NY session trading and will not generate signals outside these hours. Traders focused on other sessions or 24-hour markets may need to modify the session string to match their trading hours. Historical Data Requirements The indicator requires sufficient historical data to accurately calculate swing points and support/resistance levels. On lower timeframe charts with limited history, the initial signals may be less reliable until adequate swing points are identified. Lag in Swing Detection By definition, swing points are confirmed after the price has moved away from them, introducing some lag into support/resistance identification. Traders should be aware that the most recent swing point may not be confirmed until several bars after it occurs. Not Financial Advice This indicator is a technical analysis tool and should not be construed as financial advice. Traders are responsible for their own research and risk management decisions. Past performance of any trading system does not guarantee future results. SUMMARY The code follows a logical flow: • Version and Declaration: Pine Script version 6 indicator declaration with overlay enabled • Input Parameters: All user-configurable settings grouped by category • Session Logic: New York session tracking and open price recording • Core Calculations: VWAP, ATR, EMA, RSI, swing points • Support/Resistance Logic: Array-based storage and retrieval of swing levels • Trend and Momentum Classification: Categorization of current market state • Signal Generation: Confluence-based long and short conditions • Trade Level Calculations: Entry, stop-loss, and target pricing • Visual Plots: Hidden plots for alert data access • Information Tables: Real-time display of key values • Alert Conditions: Four configurable alert triggers This structured approach ensures clarity, maintainability, and extensibility for future modifications or enhancements.
Pine Script® indicator
by srd786
Sebastine All in One Indicator Sebastine All in One Indicator Introduction Markets speak in many dialects. Sometimes they whisper through volume, sometimes they shout via momentum, at times they breathe through volatility, and occasionally they leave footprints in OBV, PVT, RSI, or TSI. Most traders respond by stacking indicator after indicator—until the chart resembles a tangled fishing net. This indicator was built to untangle that net. Instead of plotting multiple indicators simultaneously, this tool lets you focus on one dimension of market behavior at a time, while preserving structure through a Darvas-style box framework. The box logic used here is inspired by Darvas-style structural bounding, applied to non-price data such as volume, momentum, and volatility. 🔍 What This Indicator Does • Combines Volume, OBV, PVT, RSI, Momentum, Volatility, TSI, and Supertrend • Displays only one selected data stream at a time, reducing noise • Wraps the selected indicator inside a dynamic Darvas-style box • Highlights: o Breakouts & breakdowns o Compression (energy build-up) o Structural shifts o Momentum inflections o Mean-reversion zones Think of it as one lens, many filters—you rotate the lens, not clutter the chart. 🧠 How to Use It (Practical Insight) • Volume / OBV / PVT → Institutional intent & accumulation/distribution • Momentum / RSI / TSI → Strength, exhaustion, and early reversals • Volatility → Expansion after contraction (the market’s deep breath) • Supertrend (as data source) → Trend structure without price bias The Darvas-style box adds context: • Narrow boxes = stored energy • Box expansion = energy release • Source touching box edges = reaction zones • Zero-line crossings = regime shifts (where applicable) • 🎯 Who Is This For? • Traders who want clarity over clutter • Discretionary traders who adapt tools to market phase • System builders seeking structure with flexibility • Anyone who believes less noise = more signal 📝 Points to Note (Important for Proper Interpretation) 1. Color Coding & Structure • The upper box line (green) represents the upper structural boundary • The lower box line (red) represents the lower structural boundary • The white step-line represents the selected source indicator (e.g., PVT, RSI, Momentum) 2. Pane Scaling & Visibility (Very Important) • This indicator is designed for use in the bottom pane • Different sources have very different numerical ranges: o RSI is bounded between 0 and 100 o PVT, OBV, and Volume can have large absolute values • Users should manually drag and scale the indicator vertically for optimal visibility • This is intentional and preserves the raw integrity of each data source rather than force-normalizing it 3. Histogram for Comparative Insight • A histogram of the selected source is included for quick visual comparison • Helps identify expansion, contraction, acceleration, and divergence, especially during compression phases inside the box 📌 Recommended Usage (Clarity Over Clutter) Although multiple sources are available, it is strongly recommended to use one chart with one selected source at a time for best clarity and analytical depth. For first-time users, PVT (Price Volume Trend) is an ideal starting point. It blends price movement and volume flow into a single continuous narrative and often reveals institutional participation earlier than price alone. PVT works especially well within the Darvas-style box framework. Once comfortable, users may switch to RSI, Momentum, Volatility, OBV, or other sources—but always one at a time. This preserves the philosophy of focused observation rather than indicator overload.   🌱 Philosophy Behind the Tool This indicator rewards patience and observation.Give it space. It will quietly show when the market is gathering energy—and when it is ready to move. Markets don’t change indicators. We change how we listen. This indicator doesn’t predict. It reveals. Think of it not as a dashboard, but as a rotating telescope—you change lenses, not skies.
Pine Script® indicator
by sebastinecc
RTH Volume Candle DeltaOverview This indicator is designed specifically for RTH (Regular Trading Hours) intraday traders who scalp the E-mini S&P 500 (ES), Nasdaq (NQ), and other high-liquidity futures. It solves a major flaw in time-based charts: the inability to see the "Speed of the Tape." By using a unique Transparency Heatmap, it simulates MotiveWave-style Constant Volume Bars while keeping your candles fixed to the time-based X-axis to maintain alignment with indicators like VWAP and EMAs. The Power of RTH (Regular Trading Hours) This script is optimized for the high-liquidity environment of the US Regular Session. During RTH: The volume distribution is statistically significant, allowing the script to accurately identify institutional "sweeps." During ETH (Overnight): Volume is often too thin for reliable delta analysis. I have included a "Hide Overnight" toggle to keep your chart clean and focused on the liquidity that matters. Core Logic 1: Volume Partitioning (The Heatmap) The script partitions volume into two visual states based on your target (Default: 1000V): Normal Volume (< Target): These candles are dimmed (High Transparency). They represent background noise where the volume target has not yet been reached within that time slice. Burst Volume (> Target): These candles become solid (Opaque). If a single 15s bar exceeds 1000V, it highlights a Velocity Peak—this is where institutional "Big Money" is actively consuming liquidity. Core Logic 2: Effort-Based Delta (1s Precision)This is the "engine" of the script. Rather than using simple Close-Open delta, it fetches 1-second sub-bar data (the highest precision available without tick data) and applies an Effort vs. Result formula:$ SET:DELTA = Volume \times \frac{(Close - Low) - (High - Close)}{High - Low}$$Buyer Effort: $(Close - Low)$ — How effectively buyers lifted price from the floor before the close.Seller Effort: $(High - Close)$ — How effectively sellers pushed price down from the ceiling.Adaptive Light-Up: The candle "Lights Up" (White/Yellow) only when the Delta is 1.5x greater than the MA 20 of recent deltas. This filters out standard two-way trade and highlights aggressive initiative. How to Trade with this Indicator Spotting Absorption: If you see a Solid (Burst) candle with a small body and "Normal" color, a limit order "Wall" is likely absorbing the market orders. Confirming the Drive: A Solid White/Yellow candle at a key level (VWAP, PDH, or Opening Range) is a high-probability signal that aggressive money is driving the breakout. Multiplier Labels: The labels provide an "x Multiplier" (e.g., x4.2), telling you exactly how many 1000V rotations occurred within that single time-bar. Final Recommendations for Users ES (S&P 500): 1000V is the standard. On a 1m chart, set it to 4000V. NQ (Nasdaq): 400V - 500V is recommended due to thinner liquidity. Setup: For the best experience, hide the default TradingView candle bodies in your chart settings.
Pine Script® indicator
by LevenRyan
5MA + TrendMagic + Disparity Scalping + Volume Spikes5MA + Trend Magic + Disparity Scalping + Volume Spikes This indicator is a multi-layer scalping and intraday framework designed to combine trend context, volatility expansion, mean-reversion opportunities, and volume-based turning points into a single chart. It is especially effective for fast markets such as GOLD (XAUUSD) and lower timeframes. Key Components 1. 5 Moving Average Structure EMA 9 / 20 / 50 / 100 / 200 Provides instant trend direction, compression, and dynamic support/resistance Useful for filtering scalp signals in trend vs range conditions 2. Trend Magic (CCI + ATR Based) Modified Trend Magic line using CCI direction and ATR trailing logic Clearly defines bullish / bearish bias Acts as a trend filter to avoid counter-trend scalps during strong moves 3. Ultra Fast Disparity Scalper Detects short-term overextension from EMA9 and EMA20 Uses: Price–EMA disparity RSI overbought / oversold RVI momentum prediction Designed for quick mean-reversion scalps, not trend entries Includes a simple overheating filter that grays out signals during extreme conditions 4. GOLD Volatility Expansion Detector Specialized logic for explosive moves using: ATR expansion Bollinger Band breakouts Historical Volatility vs Realized Volatility divergence Generates signals only when volatility regime shifts, not during noise Ideal for catching impulsive breakout phases 5. Volume Spike Reversal Signals Detects abnormal volume spikes relative to volume SMA Optional filters: Valid swing high / low only Hammer / Shooting Star candles Same candle color confirmation Session-based filtering Designed to highlight potential exhaustion and reaction points Signals are plotted on the previous bar for accuracy How to Use Use EMA structure + Trend Magic to define market context Take Disparity Scalping signals only when price is stretched and momentum weakens Use Volume Spikes to confirm exhaustion or reaction zones Use GOLD volatility signals to stay with expansion moves, not fade them This indicator is not a single-entry system, but a decision-support tool that helps align trend, momentum, volatility, and volume for high-probability intraday trading.5MA + Trend Magic + Disparity Scalping + Volume Spikes This indicator is a multi-layer scalping and intraday framework designed to combine trend context, volatility expansion, mean-reversion opportunities, and volume-based turning points into a single chart. It is especially effective for fast markets such as GOLD (XAUUSD) and lower timeframes. Key Components 1. 5 Moving Average Structure EMA 9 / 20 / 50 / 100 / 200 Provides instant trend direction, compression, and dynamic support/resistance Useful for filtering scalp signals in trend vs range conditions 2. Trend Magic (CCI + ATR Based) Modified Trend Magic line using CCI direction and ATR trailing logic Clearly defines bullish / bearish bias Acts as a trend filter to avoid counter-trend scalps during strong moves 3. Ultra Fast Disparity Scalper Detects short-term overextension from EMA9 and EMA20 Uses: Price–EMA disparity RSI overbought / oversold RVI momentum prediction Designed for quick mean-reversion scalps, not trend entries Includes a simple overheating filter that grays out signals during extreme conditions 4. GOLD Volatility Expansion Detector Specialized logic for explosive moves using: ATR expansion Bollinger Band breakouts Historical Volatility vs Realized Volatility divergence Generates signals only when volatility regime shifts, not during noise Ideal for catching impulsive breakout phases 5. Volume Spike Reversal Signals Detects abnormal volume spikes relative to volume SMA Optional filters: Valid swing high / low only Hammer / Shooting Star candles Same candle color confirmation Session-based filtering Designed to highlight potential exhaustion and reaction points Signals are plotted on the previous bar for accuracy How to Use Use EMA structure + Trend Magic to define market context Take Disparity Scalping signals only when price is stretched and momentum weakens Use Volume Spikes to confirm exhaustion or reaction zones Use GOLD volatility signals to stay with expansion moves, not fade them This indicator is not a single-entry system, but a decision-support tool that helps align trend, momentum, volatility, and volume for high-probability intraday trading.
Pine Script® indicator
by masato19810122
Anchored PVI + NVIAnchored PVI + NVI is a single-pane indicator that allows the Positive Volume Index (PVI) and Negative Volume Index (NVI) to be plotted together using a period-anchored approach. Crucially, the EMAs for each series are included and remain analytically valid under the anchoring process. PVI and NVI are cumulative, path dependent indicators. Over long histories, their absolute values become arbitrary and often incomparable when plotted side-by-side . This script addresses that limitation by anchoring each indicator to a user-defined period (daily, weekly, monthly, etc.) and plotting their relative change from that baseline rather than their raw values. The result is a clean, comparable view that preserves each indicator’s internal structure (trends, inflections, divergences, and EMA relationships) while minimizing scale conflicts. **What Are PVI and NVI? (Quick Explanation)** PVI and NVI separate price behavior based on changes in participation, not raw volume flow. - Positive Volume Index (PVI) updates only on bars where volume increases relative to the prior bar. It tracks price movement during expanding participation, often associated with broad market involvement. - Negative Volume Index (NVI) updates only on bars where volume decreases relative to the prior bar. It tracks price movement during contracting participation, often associated with quieter or more selective activity. Both indicators accumulate percentage price changes, but only under their respective volume conditions. Rather than asking “Is volume high or low?” , they ask: "How does price behave when participation expands versus when it contracts?" More detailed guidance and interpretation can be found further down the publication description for users unfamiliar with the practical uses of PVI and NVI. **How The Script Works** At the start of each selected anchor period, the script records the current PVI and NVI values as baselines. All subsequent values within that period are plotted as changes relative to those baselines: - Percent mode plots the percentage change from the baseline. - Absolute mode plots the absolute change from the baseline. This is not normalization or rescaling. The time-based shape of each series is preserved within the anchor window. The EMAs are calculated on the original, full-history PVI and NVI series, then transformed using the same anchored reference frame. This faithfully preserves relative positioning between each index and its EMA, EMA slope behavior, and EMA crossover timing. Optional anchor markers and a zero line help visualize resets and behavior relative to the period’s starting point. **Advantages vs Using PVI and NVI Separately** - Faster visual assessment: Participation-conditioned price behavior can be evaluated at a glance without mentally reconciling separate scales or panes. - Potential for Extended Interpretation: A shared baseline introduces a form of relative comparability that does not exist when the indicators are plotted independently. - Cleaner workflow: One indicator, one pane, and less chart clutter. **Conventional Interpretation and Guidance** Anchored PVI and NVI should be interpreted relative to the zero line, their own EMAs, and each other, always within the context of the current anchor period - NOT across periods. Values above zero indicate net positive price movement since the anchor began under the indicator’s respective volume condition. Values below zero indicate net negative movement. Because PVI and NVI update under different participation regimes, their behavior provides complementary context rather than redundant confirmation. When PVI is rising, price progress within the period is occurring primarily during higher-participation sessions. This suggests that movement is being supported by expanding activity. Weakness or flattening in PVI indicates that price is losing traction during high-volume conditions. When NVI is rising, price persistence is occurring during quieter sessions as participation contracts. This often reflects continuation or structural stability that does not rely on broad engagement. Weakness in NVI indicates that price struggles to hold together as activity declines. Comparing the two provides insight into participation balance. - Both rising: broad support across participation regimes - PVI rising while NVI lags: movement concentrated in higher-participation sessions - NVI rising while PVI lags: price persistence despite reduced participation Each index is most commonly interpreted relative to its own 255-period EMA. Holding above the EMA suggests strengthening behavior within that participation regime, while sustained movement below the EMA indicates weakening momentum or transition. NVI in particular is often interpreted such that above-EMA behavior is supportive and below-EMA behavior is cautionary. Divergence between price and PVI or NVI can highlight changes in participation dynamics that may not yet be reflected in price alone. Divergence between PVI and NVI themselves highlights shifts in how price behaves under expanding versus contracting participation. These relationships are best used as contextual confirmation rather than as standalone trading signals. **Extended Interpretation (Exploratory)** This section is exploratory and should not be interpreted as conventional or widely-accepted guidance. Anchoring PVI and NVI to a shared baseline introduces a form of relative comparability that does not exist when the indicators are plotted independently. Within a single anchor period, both PVI and NVI are now expressed as relative change from a common reference point. This makes it possible to observe how the two series interact directly in time. Index Crossovers (PVI vs. NVI) Crossovers between anchored PVI and anchored NVI may be interpreted as shifts in dominance between participation regimes within the anchor period. - PVI crossing above NVI suggests that price progress under expanding participation has overtaken progress under contracting participation since the anchor began. - NVI crossing above PVI suggests that price persistence during quieter participation has become the dominant contributor within the period. EMA-to-EMA Structure (PVI EMA vs. NVI EMA) EMA-to-EMA relationships can further highlight smoother, regime-level tendencies in participation balance. When one EMA persistently leads the other after sufficient post-anchor price action has accumulated, it reflects a sustained bias toward that participation regime within the anchor window. Similarly, EMA crossovers that develop after sufficient post-anchor data may imply a transition in participation balance rather than a reset artifact. Important Context and Limitations of Extended Interpretation This form of interpretation is only valid within a single anchor period. Because each anchor resets the baseline, no continuity or meaning should be inferred across different periods. These interactions should be treated as descriptive of participation balance, not as standalone trade signals. Their value lies in clarifying how price movement is being carried within a defined window, not in predicting future direction. **Combined Practical Use** Altogether, this indicator allows participation dynamics to be evaluated at three levels: 1) Instantaneous behavior via the anchored PVI and NVI themselves 2) Structural persistence via each index relative to its own EMA 3) Regime balance via the relative positioning of PVI, NVI, and their EMAs **Warnings!** - Percent mode can become visually unstable when baseline PVI or NVI values are near zero due to division effects inherent in percent-change calculations. **Other Similar Indicators** My Anchored OBV + A/D script applies the same anchored-period framework to other volume-based indicators. **Credits** This script is inspired by Multi-Ticker Anchored Candles (MTAC) by @SamRecio . MTAC's anchored-baseline concept and open-source nature provided an important conceptual foundation for adapting the same idea to PVI and NVI.
Pine Script® indicator
by Zeallot
Smart Trader, Episode 02, by Ata Sabanci | Battle of Candles ⚠️ CRITICAL: READ BEFORE USING ⚠️ This indicator is 100% VOLUME-BASED and requires Lower Timeframe (LTF) intrabar data for accurate calculations. Please understand the following limitations before using: 📊 DATA ACCURACY LEVELS: • 1T (Tick) — Most accurate, real volume distribution per tick • 1S (1 Second) — Reasonably accurate approximation • 15S (15 Seconds) — Good approximation, longer historical data available • 1M (1 Minute) — Rough approximation, maximum historical data range ⚠️ BACKTEST & REPLAY LIMITATIONS: • Replay mode results may differ from live trading due to data availability • For longer back test periods, use higher LTF settings (15S or 1M) • Not all symbols/exchanges support tick-level data • Crypto and Forex typically have better LTF data availability than stocks 💡 A NOTE ON TOOLS: Successful trading requires proper tools. Higher TradingView plans provide access to more historical intrabar data, which directly impacts the accuracy of volume-based calculations. More precise volume data leads to more reliable signals. Consider this when evaluating your trading infrastructure. 📌 OVERVIEW Smart Trader Episode 02: Battle of Candles is an advanced educational indicator that combines multiple analysis engines to help traders identify market scenarios and understand market dynamics. This is NOT financial advice or a trading signal service — it's a learning tool designed to help you understand how institutional traders might interpret price action. The indicator integrates 7 major analysis engines into a unified dashboard, providing real-time insights into volume flow, trend structure, market phases, and potential trade setups. ⚡ KEY FEATURES 🎯 16-Pattern Scenario Engine Automatically detects and classifies market conditions into 16 distinct scenarios, from strong continuation moves to potential reversals and traps. 💰 Trade Advisor Panel Aggregates all signals into actionable suggestions with confidence levels, suggested entry/SL/TP levels, and risk/reward calculations. 📊 Volume Engine Splits volume into buy/sell components using either Geometry (candle shape) or Intrabar (LTF data) methods for precise delta analysis. 📈 CVD (Cumulative Volume Delta) Tracks the running total of buying vs selling pressure to identify accumulation, distribution, and divergences. 🎯 Stop-Hunt Detection Identifies potential stop-hunt patterns where price sweeps liquidity levels before reversing. 📐 Pure Structure Trend Engine Zero-lag trend detection based on swing highs/lows (HH/HL/LH/LL) without any lagging indicators. ⚡ Effort vs Result Analysis Measures energy spent (volume) versus ground taken (price movement) to detect stalls, breakthroughs, and exhaustion. 🎯 SCENARIO ENGINE — 16 Market Patterns The Scenario Engine analyzes multiple factors (candle anatomy, volume, forces, CVD, wick analysis) to classify each candle into one of 16 scenarios: Continuation Scenarios (1-3) 1. ⚔️ STRONG MOVE — Big body candle (>60%) with volume confirming direction. Indicates strong momentum continuation. 2. 🛡️ ABSORPTION — One side attacks but the other absorbs the pressure. Price holds despite volume. Continuation expected in the absorbing side's favor. 3. 📉 PULLBACK — Small move against the trend with low volume. Indicates a healthy retracement before trend continuation. Reversal Scenarios (4-6, 13-16) 4. 💥 REJECTION — Big wick (>40%) with small body and high volume. Price was rejected at a level, potential reversal. 5. 🪤 TRAP — Pin direction disagrees with delta. Extreme wick size. Looks bullish/bearish but the opposite may happen. 6. 😫 EXHAUSTION — High energy spent (volume) but low ground taken (price movement). Both sides active but momentum fading. 13. 🔄 CVD BULL DIV — Price falling but CVD rising. Hidden buying detected (accumulation). Potential bullish reversal. 14. 🔄 CVD BEAR DIV — Price rising but CVD falling. Hidden selling detected (distribution). Potential bearish reversal. 15. 🎯 STOP HUNT BULL — Shorts were liquidated below support. Price swept liquidity and reversed. Expect bullish move. 16. 🎯 STOP HUNT BEAR — Longs were liquidated above resistance. Price swept liquidity and reversed. Expect bearish move. Range/Stalemate Scenarios (7-9) 7. ⚖️ DEADLOCK — Market in balance. Force ratio between 0.4-0.6. Low volume. No side winning. 8. 🔥 BATTLE — High volume fight in a range. Both sides attacking. Wicks on both ends of candle. 9. 🎯 WAITING — Building phase with quiet volume. Market is preparing but no trigger yet. Wait for breakout. Pre-Breakout Scenarios (10-12) 10. 🚀 BULL SETUP — Buyers accumulating in a building phase. Positive delta building. Bullish pressure growing. 11. 💣 BEAR SETUP — Sellers distributing in a building phase. Negative delta building. Bearish pressure growing. 12. ⚡ BREAKOUT — Price at boundary with strong candle and volume supporting. Imminent breakout expected. 💰 TRADE ADVISOR ENGINE The Trade Advisor aggregates all signals from the different engines into a single actionable output. It uses a weighted scoring system: Scoring Weights: • Scenario Signal: 30% • Trend Alignment: 20% • CVD Momentum: 15% + Divergence Bonus • Pin Forces: 15% • Liquidity Sweep: 12% • Stop-Hunt Detection: 10% • Effort vs Result: 10% Possible Actions: • ⏳ WAIT — Edge not strong enough (stay patient) • 🟢 LONG ENTRY — Buyers have strong advantage + signals align • 🔴 SHORT ENTRY — Sellers have strong advantage + signals align • ⚠️ CLOSE LONG/SHORT — Position at risk (reversal/trend flip) • 🛑 STOP LOSS — Price hit risk threshold • 💰 TAKE PROFIT — Target threshold reached 📊 EXTENDED INFO PANEL (Detailed Explanations) The Extended Info panel is hidden by default (toggle: Show Extended Info in settings). It provides detailed metrics that feed into the main engines: CVD ANALYSIS What is CVD? Cumulative Volume Delta (CVD) is the running total of Buy Volume minus Sell Volume. It reveals the underlying buying/selling pressure that may not be visible in price alone. CVD Value & Slope: • ↗ Rising: CVD increasing = net buying pressure (bullish) • ↘ Falling: CVD decreasing = net selling pressure (bearish) • → Flat: No clear pressure direction Accumulation vs Distribution: • Accumulation %: Shows buying pressure strength (0-100). High accumulation with CVD rising = strong bullish bias. • Distribution %: Shows selling pressure strength (0-100). High distribution with CVD falling = strong bearish bias. Divergence Alerts: • ⚠️ BULLISH DIVERGENCE: Price falling but CVD rising. Hidden buying = potential reversal UP. • ⚠️ BEARISH DIVERGENCE: Price rising but CVD falling. Hidden selling = potential reversal DOWN. WICK ANALYSIS Wick Torque: Torque measures the "rotational force" from wicks. It's calculated from wick length, volume, and body efficiency. • Positive Torque (Bullish): Bottom wick power dominates. Buyers defended lower prices. • Negative Torque (Bearish): Top wick power dominates. Sellers defended higher prices. • ⚡ High Torque (>30): Strong signal, significant wick rejection occurred. Stop-Hunt Detection: The engine detects when price has likely swept stop-losses clustered at key levels: • Stop Hunt Risk %: Likelihood score (0-100). Above 55% = confirmed hunt. • "Shorts hunted": Price swept below support, liquidating shorts, expect bounce UP. • "Longs hunted": Price swept above resistance, liquidating longs, expect drop DOWN. LIQUIDITY SWEEPS This section appears only when a liquidity sweep is detected. The engine monitors for price sweeping recent highs/lows and then reversing: • 🎯 LIQUIDITY SWEPT ABOVE: Price broke recent highs but closed back below. Longs trapped, expect DOWN. • 🎯 LIQUIDITY SWEPT BELOW: Price broke recent lows but closed back above. Shorts trapped, expect UP. POWER BALANCE The Power Balance meter shows the real-time strength comparison between buyers and sellers. Force Ratio: • 0% = Complete seller dominance • 50% = Perfect balance • 100% = Complete buyer dominance Visual Bar: • Left side (▓): Bear territory • Right side (▓): Bull territory • The bar is smoothed over recent history to reduce noise. EFFORT vs RESULT This section measures the efficiency of price movement relative to volume expended. Energy: How much volume was spent relative to the average. Energy > 1.0x means above-average volume activity. Ground: How much price movement occurred relative to average range. Ground > 1.0x means above-average price movement. STALL Warning: A STALL is detected when high energy is spent but low ground is taken (high effort, low result). This often indicates institutional battle, exhaustion, or imminent reversal. MARKET PHASE The Phase Engine classifies the current market regime: RANGE : No clear trend. Price confined to middle of channel. Low ADX. Balanced forces. Trade breakouts with caution. BUILDING : Compression/preparation phase. Channel tightening or boundary penetration without follow-through. Watch for breakout direction. TRENDING : Active directional move. Clear slope, good efficiency, price on trending side of channel. Favor pullback entries. Strength: 0-100% score combining slope, volume validity, and force/efficiency filters. Bars: How many candles the current phase has persisted. TRACK RECORD (Validation Panel) Enable with Show Validation Panel in settings. This section tracks the historical accuracy of scenario predictions: Accuracy: Percentage of validated predictions that were correct. Best/Worst Scenario: Shows which scenarios have the highest and lowest accuracy on the current symbol. Recent Signals: Last 5 predictions with their outcomes. ✓ = correct, ✗ = wrong, ⏳ = pending validation. ⚙️ SETTINGS GUIDE 📊 Volume Analysis Volume Calculation: Choose Geometry (estimates from candle shape) or Intrabar (precise LTF data). Intrabar Resolution: LTF for precise mode. Try 1S, 15S, or 1T. Must be lower than chart timeframe. History Depth: Candles stored in memory (5-50). Higher = more context, slower. Memory Lookback: Bars for moving averages and Z-scores (10-100). 🏷️ Market Phase Range Zone Width: How much of channel center is considered "range" (0.1-0.8). Trend Sensitivity: Minimum slope to detect trending. Lower = more sensitive. Min Episode Length: Minimum bars before phase can change. Prevents flickering. 🎯 Scenarios Min Confidence to Show: Only display scenarios above this confidence level (30-90). Bars to Validate: How many bars to wait before checking if prediction was correct. Success Move %: Minimum price movement to consider prediction successful. 💰 Trade Advisor Min Confidence for Entry: Minimum confidence to suggest a trade entry (50-90). Default Risk %: Stop loss distance as % of price (0.5-5.0). Min Risk/Reward: Minimum acceptable R:R ratio (1.0-5.0). 🔔 ALERT CONDITIONS The indicator provides the following alert conditions you can configure: • 🟢 LONG Entry Signal • 🔴 SHORT Entry Signal • ⚠️ Close LONG Signal • ⚠️ Close SHORT Signal • 🛑 STOP LOSS Alert • 💰 Take Profit Alert • 🚨 High Urgency Signal ⚠️ IMPORTANT DISCLAIMER EDUCATIONAL TOOL ONLY This indicator is designed for educational purposes to help users identify different market scenarios and understand how various signals might be interpreted. The Trade Advisor is NOT a recommendation to buy, sell, or invest. • Past performance does not guarantee future results • All trading involves risk of loss • The creator is not a licensed financial advisor • Always do your own research (DYOR) • Consult a qualified financial advisor before making any investment decisions By using this indicator, you acknowledge that you understand these risks and accept full responsibility for your trading decisions.
Pine Script® indicator
by ata_sabanci
6
Volume Pulse Dots Relative Volume at a Glance Volume Pulse Dots is a lightweight, price-overlay indicator designed to highlight unusual volume activity directly on the chart, without adding clutter or a separate volume pane. Instead of raw volume bars, this script uses relative volume (rVol) — current volume compared to a moving average of recent volume — to visually flag moments when participation meaningfully deviates from normal. How It Works Relative volume is calculated as: Current volume ÷ Volume moving average (user-defined length) Based on this ratio, small dots are plotted on the chart: • High relative volume (green dot below bar) Signals increased participation compared to recent activity. Often appears during momentum moves, breakouts, or strong continuation candles. • Very high relative volume (larger cyan dot below bar) Indicates extreme participation. Common near major breakouts, capitulation candles, or key inflection points. • Low relative volume (gray dot above bar) Highlights weak participation. These candles often represent fake moves, fading momentum, or price drifting without conviction. Dots are intentionally subtle and plotted directly on price to keep context clear while staying out of the way. How to Use It This indicator is not a standalone signal generator. It works best when combined with: • VWAP and EMA structure • Key support and resistance levels • Candlestick context (range, wicks, follow-through) • Price location relative to the open, highs, or prior day levels Examples: • High rVol dots near VWAP can confirm real participation • Very high rVol dots at extended levels may signal exhaustion • Low rVol dots during breakouts often warn of weak follow-through Customization You can adjust: • Volume moving average length • Thresholds for high, very high, and low relative volume • Optional display of the rVol value in the status line (no extra pane) Design Philosophy • No separate volume pane • No alerts or signals • No repainting • Minimal visual footprint This tool is meant to quietly surface information that experienced traders already look for, without distracting from price.
Pine Script® indicator
by TraderBecks
2