Auf geht's

Candlestick analysis

First presented FVG (w/stats) w/statistical hourly ranges & biasOverview This indicator identifies the first Fair Value Gap (FVG) that forms during each hourly session and provides comprehensive statistical analysis based on 12 years of historical NASDAQ (NQ) data. It combines price action analysis with probability-based statistics to help traders make informed decisions. ⚠️ IMPORTANT - Compatibility Market: This indicator is designed exclusively for NASDAQ futures (NQ/MNQ) Timeframe: Statistical data is based on FVGs formed on the 5-minute timeframe FVG Detection: Works on any timeframe, but use 5-minute for accuracy matching the statistical analysis All hardcoded statistics are derived from 12 years of NQ historical data What It Does 1. FVG Detection & Visualization Automatically detects the first FVG (bullish or bearish) that forms each hour Draws colored boxes around FVGs: Blue boxes = Bullish FVG (gap up) Red boxes = Bearish FVG (gap down) FVG boxes extend to the end of the hour Optional midpoint lines show the center of each FVG Uses volume imbalance logic (outside prints) to refine FVG boundaries 2. Hourly Reference Lines Vertical Delimiter: Marks the start of each hour Hourly Open Line: Shows where the current hour opened Expected Range Lines: Projects the anticipated high/low based on historical data Choose between Mean (average) or Median (middle value) statistics Upper range line (teal/green) Lower range line (red) All lines span exactly one hour from the moment it opens Optional labels show price values at line ends 3. Real-Time Statistics Table The table displays live data for the current hour only: Hour: Current hour in 12-hour format (AM/PM) FVG Status: Shows if a Bull FVG, Bear FVG, or no FVG has formed yet Green background = Bullish FVG detected Red background = Bearish FVG detected 1st 15min: Direction of the first 15 minutes (Bullish/Bearish/Neutral/Pending) Continuation %: Historical probability that the hour continues in the first 15-minute direction Color-coded: Green for bullish, red for bearish Avg Range %: Expected percentage range for the current hour (based on 12-year mean) FVG Effect %: Historical probability that FVG direction predicts hourly close direction Shows BISI→Bull % for bullish FVGs Shows SIBI→Bear % for bearish FVGs Blank if no FVG has formed yet Time Left: Countdown timer showing MM:SS remaining in the hour (updates in real-time) Hourly Bias: Historical directional tendency (bullish % or bearish %) H Open: Current hour's opening price Exp Range: Projected price range (Low - High) based on historical average Customization Options Detection Settings: Lower Timeframe Selection (15S, 1min, 5min) - controls FVG detection granularity Display Settings: FVG box colors (bullish/bearish) Midpoint lines (show/hide, color, style) Table Settings: Position (9 locations: corners, edges, center) Text size (Tiny, Small, Normal, Large) Hourly Lines: Toggle each line type on/off Hour delimiter (color, width) Open line (color, width, style) Range lines (color, width, style) Choose Mean or Median statistics for range calculation Show/hide labels with customizable text size How to Use Apply to NQ futures chart (NQ1! or MNQ1!) Set chart to 5-minute timeframe for optimal FVG detection matching the statistical data Watch for the first FVG to form each hour Reference the table for probability-based decision support: High continuation % = strong directional bias FVG Effect % shows reliability of the FVG signal Time Left helps manage entries/exits within the hour Use range lines as potential targets or reversal zones Statistical Foundation All statistics are derived from: 12 years of NASDAQ (NQ) historical data Hourly analysis of FVG formation patterns First 15-minute directional analysis Mean and Median calculations for range expectations Data encompasses 2,400+ samples per hour Best Practices ✅ Use on NQ/MNQ futures only ✅ Best on 5-minute charts (matches statistical data) ✅ Combine FVG signals with continuation probabilities ✅ Use range lines as potential profit targets ✅ Watch the countdown timer for hour-end setups ❌ Do not use on other markets (statistics won't apply) ❌ Avoid using during low-liquidity hours (5PM ET has minimal data) Technical Notes Timezone: America/New_York (EST/EDT) Weekend filtering: Automatically hides data during market closure Updates in real-time on live bars Maximum 500 boxes/lines for performance FVG detection includes volume imbalance (body gap) refinement Credits Statistical analysis based on 12 years of NASDAQ historical data. FVG detection methodology follows ICT concepts with volume imbalance refinement. Disclaimer: This indicator provides statistical analysis based on historical data. Past performance does not guarantee future results. Always use proper risk management. Would you like me to adjust any section or add/remove anything?6-9 Session & Levels - Customizable Range Analysis Indicator Description: This indicator provides comprehensive session-based range analysis designed for intraday traders. It calculates and displays key levels based on a customizable session period (default 6:00-9:00 AM ET). Core Features: Sespastedthis is a summary for another indicator- i was hoping for something more like this in terms of content etc22:23Architected comprehensive indicator summary matching professional documentation style.The user wants me to rewrite the summary for their FVG indicator in a similar style to the example provided. The example is more structured, detailed, and professional. Let me create a comprehensive summary that follows that format: Clear title Description/Overview Core Features (broken down into sections) Input Settings Explained (detailed breakdown of all customization options) How It Works section Use Case Note/Disclaimer Let me make it thorough and match the style while being accurate to their indicator's functionality.Here's a detailed summary in that format: Every Hour 1st FVG with Statistical Analysis - NASDAQ Hourly Trading Intelligence Description: This indicator identifies the first Fair Value Gap (FVG) that forms during each hourly session and provides comprehensive probability-based statistical analysis derived from 12 years of NASDAQ (NQ) historical data. It combines real-time FVG detection with hardcoded statistical probabilities to help intraday traders make informed decisions based on historical patterns and hourly price action dynamics. IMPORTANT: This indicator is specifically calibrated for NASDAQ futures (NQ/MNQ) only. All statistical data is derived from 12 years of NQ historical analysis with FVGs detected on the 5-minute timeframe. Using this indicator on other markets will produce invalid statistical results. Core Features: FVG Detection & Visualization Automatically detects and displays the first Fair Value Gap (bullish or bearish) that forms within each hourly session Color-coded boxes mark FVG zones: Blue for bullish FVGs (gap up), Red for bearish FVGs (gap down) FVG boxes extend precisely to the end of the hour boundary Optional midpoint lines show the center point of each FVG Uses volume imbalance logic (outside prints) to refine FVG boundaries beyond simple wick-to-wick gaps Supports both chart timeframe detection and lower timeframe detection via request.security_lower_tf Hourly Reference Lines Vertical Hour Delimiter: Marks the exact start of each new hour with an extendable vertical line Hourly Open Line: Displays the opening price of the current hour Expected Range Lines: Projects anticipated high and low levels based on 12 years of statistical data Choose between Mean (average) or Median (middle value) calculations Upper range line shows expected high Lower range line shows expected low All lines span exactly one hour from open to close Optional labels display exact price values at the end of each line Real-Time Statistics Table Displays comprehensive live data for the current hour only: Hour: Current hour in 12-hour format (e.g., "9AM", "2PM") FVG Status: Shows detection state with color coding "None Yet" (white background) - No FVG detected "Bull FVG" (green background) - Bullish FVG identified "Bear FVG" (red background) - Bearish FVG identified 1st 15min: Direction of first 15 minutes (Bullish/Bearish/Neutral/Pending) Continuation %: Historical probability that the hour closes in the direction of the first 15 minutes Green background with up arrow (↑) for bullish continuation probability Red background with down arrow (↓) for bearish continuation probability Avg Range %: Expected percentage range for the current hour based on 12-year mean FVG Effect %: Historical effectiveness of FVG directional prediction Shows "BISI→Bull %" for bullish FVGs (gap up predicting bullish hourly close) Shows "SIBI→Bear %" for bearish FVGs (gap down predicting bearish hourly close) Displays blank if no FVG has formed yet Time Left: Real-time countdown timer showing minutes and seconds remaining in the hour (MM:SS format) Hourly Bias: Historical directional tendency showing bullish or bearish percentage bias H Open: Current hour's opening price Exp Range: Projected price range showing "Low - High" based on selected statistic (mean or median) Input Settings Explained: Detection Settings Lower Timeframe: Select the base timeframe for FVG detection Options: 15S (15 seconds), 1 (1 minute), 5 (5 minutes) Recommendation: Use 5-minute to match the statistical data sample The indicator uses this timeframe to scan for FVG patterns even when viewing higher timeframes Display Settings Bullish FVG Color: Set the color and transparency for bullish (upward) FVG boxes Bearish FVG Color: Set the color and transparency for bearish (downward) FVG boxes Show Midpoint Lines: Toggle horizontal lines at the center of each FVG box Midpoint Line Color: Customize the midpoint line color Midpoint Line Style: Choose between Solid, Dotted, or Dashed line styles Table Settings Table Position: Choose from 9 locations: Top: Left, Center, Right Middle: Left, Center, Right Bottom: Left, Center, Right Table Text Size: Select from Tiny, Small, Normal, or Large for readability on different screen sizes Hourly Lines Settings Show Hourly Lines: Master toggle for all hourly reference lines Show Hour Delimiter: Toggle the vertical line marking each hour's start Delimiter Color: Customize color and transparency Delimiter Width: Set line thickness (1-5) Show Hourly Open: Toggle the horizontal line at the hour's opening price Open Line Color: Customize color Open Line Width: Set thickness (1-5) Open Line Style: Choose Solid, Dashed, or Dotted Show Range Lines: Toggle the expected high/low projection lines Range Statistic: Choose "Mean" (12-year average) or "Median" (12-year middle value) Range High Color: Customize upper range line color and transparency Range Low Color: Customize lower range line color and transparency Range Line Width: Set thickness (1-5) Range Line Style: Choose Solid, Dashed, or Dotted Show Line Labels: Toggle price labels at the end of all horizontal lines Label Text Size: Choose Tiny, Small, or Normal How It Works: FVG Detection Logic: The indicator scans price action on the selected lower timeframe (default: 1-minute) looking for Fair Value Gaps using a 3-candle pattern: Bullish FVG: Formed when candle 's high is below candle 's low, creating an upward gap Bearish FVG: Formed when candle 's low is above candle 's high, creating a downward gap The detection is refined using volume imbalance logic by checking for body gaps (outside prints) on both sides of the middle candle. This narrows the FVG zone to areas where bodies don't touch, indicating stronger imbalances. Only the first FVG that forms during each hour is displayed. If a bullish FVG forms first, it takes priority. The FVG box is drawn from the formation time through to the end of the hour. Statistical Analysis: All probability statistics are hardcoded from 12 years (2,400+ samples per hour) of NASDAQ futures analysis: First 15-Minute Direction: At 15 minutes into each hour, the indicator determines if price closed above, below, or equal to the hour's opening price Continuation Probability: Historical analysis shows the likelihood that the hour closes in the same direction as the first 15 minutes Example: If 9AM's first 15 minutes are bullish, there's a 60.1% chance the entire 9AM hour closes bullish (lowest continuation hour) 4PM shows the highest continuation at 86.1% for bullish first 15 minutes FVG Effectiveness: Tracks how often the first FVG's direction correctly predicts the hourly close direction BISI (Bullish Imbalance/Sell-side Inefficiency) → Bullish close probability SIBI (Bearish Imbalance/Buy-side Inefficiency) → Bearish close probability Range Expectations: Mean and median values represent typical price movement percentage for each hour 9AM and 10AM show the largest ranges (~0.6%) 5PM shows minimal range (~0.06%) due to low liquidity Hourly Reference Lines: When each new hour begins: Vertical delimiter marks the hour's start Hourly open line plots at the first bar's opening price Range projection lines calculate expected high/low: Upper Range = Hourly Open + (Range% / 100 × Hourly Open) Lower Range = Hourly Open - (Range% / 100 × Hourly Open) Lines extend exactly to the hour's end time Labels appear at line endpoints showing exact prices Real-Time Updates: FVG Status: Updates immediately when the first FVG forms First 15min Direction: Locked in at the 15-minute mark Countdown Timer: Uses timenow to update every second Table Statistics: Refresh on every bar close Timezone Handling: All times are in America/New_York (Eastern Time) Automatically filters weekend periods (Saturday and Sunday before 6PM) Hour detection accounts for daylight saving time changes Use Cases: Intraday Trading Strategy Development: FVG Entry Signals: Use the first hourly FVG as a directional bias Bullish FVG + High continuation % = Strong long setup Bearish FVG + High continuation % = Strong short setup First 15-Minute Breakout: Combine first 15-min direction with continuation probabilities Wait for first 15 minutes to complete If continuation % is above 70%, trade in that direction Example: 4PM bullish first 15 min = 86.1% chance hour closes bullish Range Targeting: Use expected high/low lines as profit targets or reversal zones Price approaching mean high = potential resistance Price approaching mean low = potential support Compare mean vs median for different risk tolerance (median is more conservative) Hour Selection: Focus trading on hours with: High FVG effectiveness (11AM: 81.5% BISI→Bull) High continuation rates (4PM: 86.1% bull continuation) Avoid low-continuation hours like 9AM (60.1%) Time Management: Use the countdown timer to: Enter early in the hour when FVG forms Exit before hour-end if no follow-through Avoid late-hour entries with <15 minutes remaining Statistical Edge Identification: Compare current hour's FVG against historical effectiveness Identify when first 15-min direction contradicts FVG direction (conflict = caution) Use hourly bias to confirm or contradict FVG signals Monitor if price stays within expected range or breaks out (outlier moves) Risk Management: Expected range lines provide logical stop-loss placement FVG Effect % helps size positions (higher % = larger position) Time Left countdown aids in time-based stop management Avoid trading hours with neutral bias or low continuation rates Statistical Foundation: All embedded statistics are derived from: 12 years of NASDAQ futures (NQ) continuous contract data 5-minute timeframe FVG detection methodology 24 hours per day analysis (excluding weekends) 2,400+ samples per hour for robust statistical validity America/New_York timezone for session alignment Data includes: Hourly range analysis (mean, median, standard deviation) First 15-minute directional analysis FVG formation frequency and effectiveness Continuation probability matrices Bullish/bearish bias percentages Best Practices: ✅ Do: Use exclusively on NASDAQ futures (NQ1! or MNQ1!) Apply on 5-minute charts for optimal FVG detection matching statistical samples Wait for first 15 minutes to complete before acting on continuation probabilities Combine FVG signals with continuation % and FVG Effect % for confluence Use expected range lines as initial profit targets Monitor the countdown timer for time-based trade management Focus on hours with high statistical edges (4PM, 11AM, 10AM) ❌ Don't: Use on other markets (ES, RTY, YM, stocks, forex, crypto) - statistics will be invalid Rely solely on FVG without confirming with continuation probabilities Trade during low-liquidity hours (5PM shows only 0.06% average range) Ignore the first 15-minute direction when it conflicts with FVG direction Apply to timeframes significantly different from 5-minute for FVG detection Use median range expectations aggressively (they're conservative) Technical Implementation Notes: Timezone: Fixed to America/New_York with automatic DST adjustment Weekend Filtering: Automatically hides data Saturday and Sunday before 6PM ET Performance: Maximum 500 boxes and 500 lines for optimal chart rendering Update Frequency: Table updates on every bar close; timer updates every second using timenow FVG Priority: Bullish FVGs take precedence when both form simultaneously Lower Timeframe Detection: Uses request.security_lower_tf for accurate sub-chart-timeframe FVG detection Precision: All price labels use format.mintick for appropriate decimal precision Big thanks to @Trades-Dont-Lie for the FPFVG code in his excellent indicator that I've used here
Pine Script® Indikator
von lucymatos
5
My Exclusive Support & Resistance Strategyndicator Name: Market Maker Pro: Multi-TF S&R & Hidden Signals (CALL/PUT) Description: This is a professional-grade institutional trading indicator designed to identify "Market Maker" entries by combining Volume-Weighted Average Price (VWAP), EMA Crossovers, and Multi-Timeframe Support & Resistance levels. The indicator is optimized for traders who seek high-probability entries (CALL/PUT) on any timeframe, from 1-minute scalping to 4-hour swing trading. Key Features: Institutional Support & Resistance (4H & 1H): Automatically plots high-impact levels from the 4-hour and 1-hour charts. These appear as short, clean lines (12 bars) to keep the chart clutter-free. Hidden Market Maker Logic: Uses a background combination of EMA 20 and EMA 50 crossovers, filtered by the VWAP (the "Fair Value" for big banks). Precision Signals (CALL/PUT): * CALL Signal: Triggered only when EMA 20 crosses above EMA 50 while the price is trading above the VWAP. PUT Signal: Triggered only when EMA 20 crosses below EMA 50 while the price is trading below the VWAP. Multi-Timeframe Adaptive: Seamlessly works across all timeframes (1m, 5m, 15m, 1h, 4h). Visual Confidence: High-visibility labels and background highlights ensure you never miss a confirmed institutional entry. How to Trade: Identify the Wall: Look for the thick lines (4H levels) to identify major reversal zones. Wait for the Signal: Look for the CALL or PUT label. Confirm with VWAP: The signal only appears if the price is on the correct side of the institutional volume (VWAP), giving you a "Market Maker" edge.
Pine Script® Indikator
von Tarekzoom
FVG Heatmap [Hash Capital Research]FVG Map FVG Map is a visual Fair Value Gap (FVG) mapping tool built to make displacement imbalances easy to see and manage in real time. It detects 3-candle FVG zones, plots them as clean heatmap boxes, tracks partial mitigation (how much of the zone has been filled), and summarizes recent “fill speed” behavior in a small regime dashboard. This is an indicator (not a strategy). It does not place trades and it does not publish performance claims. It is a market-structure visualization tool intended to support discretionary or systematic workflows. What this script detects Bullish FVG (gap below price) A bullish FVG is detected when the candle from two bars ago has a high below the current candle’s low. The zone spans from that prior high up to the current low. Bearish FVG (gap above price) A bearish FVG is detected when the candle from two bars ago has a low above the current candle’s high. The zone spans from the current high up to that prior low. What makes it useful Heatmap zones (clean, readable FVG boxes) Bullish zones plot below price. Bearish zones plot above price. Partial fill tracking (mitigation progress) As price trades back into a zone, the script visually shows how much of the zone has been filled. Mitigation modes (your definition of “filled”) • Full Fill: price fully trades through the zone • 50% Fill: price reaches the midpoint of the zone • First Touch: price touches the zone one time Optional auto-cleanup Optionally remove zones once they’re mitigated to keep the chart clean. Fill-Speed Regime Dashboard When zones get mitigated, the script records how many bars it took to fill and summarizes the recent environment: • Average fill time • Median fill time • % fast fills vs % slow fills • Regime label: choppy/mean-revert, trending/displacement, or mixed How to use Use FVG zones as structure, not guaranteed signals. • Bullish zones are often watched as potential support on pullbacks. • Bearish zones are often watched as potential resistance on rallies. The fill-speed dashboard helps provide context: fast fills tend to appear in more rotational conditions, while slow fills tend to appear in stronger trend/displacement conditions. Alerts Bullish FVG Created Bearish FVG Created Notes FVGs are not guaranteed reversal points. Fill-speed/regime is descriptive of recent behavior and should be treated as context, not prediction. On realtime candles, visuals may update as the bar forms.
Pine Script® Indikator
von Hash_Capital
ICT Unicorn Model [Kodexius]ICT Unicorn Model is a market structure and imbalance confluence tool that automatically detects high probability “Unicorn” setups by combining three key elements into a single, clean script: -A first, clean break of that swing level (displacement style break) -A Fair Value Gap that overlaps a breaker candle body range Instead of plotting every pivot or every imbalance independently, the script waits for a specific sequence: price establishes a valid swing, breaks that swing for the first time, and prints a setup only when the resulting context aligns with a valid, volatility filtered FVG and a clearly defined breaker range. Each detected setup is drawn directly on the chart with labeled zones (Breaker and FVG) and is then actively monitored. If price violates the breaker boundary based on your chosen invalidation basis (Close or Wick), the setup is marked inactive and can optionally be removed to keep the chart clean. This indicator is designed for traders who work with ICT style concepts such as liquidity runs, displacement, breaker blocks, and imbalance reversion, and who want a structured, rules based visualization rather than discretionary drawing. 🔹 Features 🔸 Fair Value Gap Detection With Volatility Filtering Bullish and bearish FVGs are detected using classic three candle imbalance logic. To avoid low quality gaps during compression, the script applies an ATR based minimum size filter using the “FVG Min Size (ATR Multiplier)” input. Only gaps larger than ATR * threshold are considered valid. 🔸 First Break Validation (Clean Break Logic) A key part of the model is identifying a “first break” of a swing level. The script checks whether the swing price has already been invalidated between the swing bar and the current bar. If it has, the swing is ignored. This helps reduce repeated signals and focuses on fresh structural breaks. 🔸 Breaker and FVG Confluence With Overlap Requirement After a valid break occurs, the script defines a breaker range using the body of the swing candle (open and close). A setup is only created if this breaker body range overlaps the detected FVG price range. This overlap requirement is what filters many “almost” conditions and keeps signals more selective. Bullish Unicorn: Bearish Unicorn: 🔸 Configurable Invalidation Basis (Close or Wick) You can choose how a setup fails: -Close: invalidation requires a candle close beyond the breaker boundary -Wick: invalidation occurs as soon as any wick crosses beyond the breaker boundary This allows the tool to adapt to different trading styles, from conservative confirmation to more sensitive risk control. 🔸 Automatic Cleanup of Failed Setups If “Delete Invalidated Setups” is enabled, the script removes the breaker box, FVG box, and label as soon as the setup is invalidated. If disabled, the zones remain visible for review while the setup is marked inactive internally. 🔸 Clear Chart Visuals Each setup plots: -A labeled Breaker zone box -A labeled FVG zone box -A directional Unicorn label (Bull or Bear) that updates position as the chart advances Colors for bullish and bearish structures are fully configurable. 🔸 Alert Conditions Two alert conditions are provided: -Bullish Unicorn Setup Detected -Bearish Unicorn Setup Detected Alerts trigger only on the bar a new setup is created. 🔹 Calculations This section summarizes the main computations used internally. The goal here is to explain the model mechanics rather than reproduce every implementation detail. 1. Swing Detection (Pivot High / Pivot Low) Swing levels are detected using a symmetric pivot definition with “Swing Length” bars on both sides: float ph = ta.pivothigh(high, swingLength, swingLength) float pl = ta.pivotlow(low, swingLength, swingLength) When a pivot is confirmed, its price and originating bar index are stored: -Swing High: price = pivot high, isHigh = true -Swing Low: price = pivot low, isHigh = false The script keeps a limited history (most recent swings) to stay efficient. 2. Fair Value Gap Detection FVGs use the classic three candle displacement imbalance: Bullish FVG condition bool isBullFVG = high < low Bullish gap range is defined as: -Top = low -Bottom = high Bearish FVG condition bool isBearFVG = low > high Bearish gap range is defined as: -Top = low -Bottom = high 3. ATR Based Minimum Gap Filter ATR is computed (length 14), then the gap size is compared against a user threshold: float atr = ta.atr(14) bool validBullFVG = isBullFVG and (bullFvgTop - bullFvgBot) > (atr * fvgThreshold) bool validBearFVG = isBearFVG and (bearFvgTop - bearFvgBot) > (atr * fvgThreshold) This prevents very small imbalances from generating setups in low volatility conditions. 4. “First Break” Check Using Level Invalidation Scan Before accepting a swing break, the script scans forward from the swing bar to the current bar to confirm the level has not already been breached. The scan can be based on wick or close: -Wick mode: uses high or low -Close mode: uses close Conceptually: priceToCheck = mode == "Wick" ? (checkBelow ? low : high) : close If a prior breach is found, the swing is treated as already invalidated and is ignored for setup creation. 5. Break Of Structure Condition Bullish break requirement A bullish setup requires breaking a stored swing high with bullish body intent: -close > swingHighPrice -open < close Bearish break requirement A bearish setup requires breaking a stored swing low with bearish body intent: -close < swingLowPrice -open > close An additional proximity filter is applied in the bearish branch to reduce weak or overly extended breaks by requiring the prior close to be reasonably near the swing level. 6. Breaker Range Construction Once a qualifying swing is found, the breaker range is derived from the body of the swing candle (the candle at the swing bar index). The body boundaries are: float breakerTop = math.max(bOpen, bClose) float breakerBot = math.min(bOpen, bClose) This models the breaker as the candle body range rather than full wick range, which typically produces more practical invalidation boundaries. 7. Overlap Test Between Breaker and FVG A setup is only created if the breaker body overlaps the FVG zone. Conceptually the script rejects cases where one range is fully above or fully below the other: -If there is no overlap, no setup is created -If overlap exists, the Unicorn setup is valid 8. Active Monitoring and Invalidation Each setup remains active until invalidated. Invalidation is evaluated every bar using your selected basis: -Close basis: compares close to breaker boundary -Wick basis: compares high or low to breaker boundary Bullish invalidation Setup fails if price crosses below breaker bottom. Bearish invalidation Setup fails if price crosses above breaker top. If deletion is enabled, all drawings related to that setup are removed immediately on invalidation. 9. Drawing Updates and Object Lifecycle Breaker and FVG boxes are extended to the right while the setup is active to keep zones visible into the near future. The Unicorn label is also repositioned as new bars print so the most recent context stays readable.
Pine Script® Indikator
von Kodexius
Algorithmic Volume Rejection Zones [AVRZ]Hello traders, I am pleased to release the Algorithmic Volume Rejection Zones (AVRZ). This is a specialized decision-support system designed to identify high-probability reversal points by synthesizing candle geometry, market structure, and statistical volume anomalies. Trading reversals often presents a dilemma: wait for confirmation and miss the move, or enter early and get stopped out by noise. AVRZ solves this by quantifying "Institutional Absorption." It filters out weak price probes and highlights only the specific moments where significant volume has stepped in to defend a price level. 🛡️ The Concept: Attacking The Zonesl You will often see price aggressively "attack" a support or resistance level with speed and high volume. To the untrained eye, this looks like a breakout. However, professional analysis reveals that this is often an Efficiency Event—liquidity is being absorbed by passive limit orders. The AVRZ indicator is specifically engineered to detect this phenomenon. When price strikes a level and volume spikes (>2.0 Sigma), it signals that the auction is becoming efficient and a reversal is imminent. The script captures this "Attack" via the Climax Bypass logic, plotting a fresh zone immediately to mark where the liquidity was defended.
Pine Script® Indikator
von CandlesofKarma
TuxAlgo Plus a SMC and Trap Toolkit V0.98r1 by McTogaThe “TuxAlgo Plus” script is a powerful, standalone, conceptual open-source project and self-sufficient “smart money toolkit” with automatic trap detection (SMT), liquidity grabs, FVG confluence, and complete bot setup signals for TV charts in the “H1 to H6” time frame and daily charts. The script is used to improve SMC/trap analyses, i.e., the structure and visualization logic for TradingView charts have been expanded in the “TuxAlgo++” project in line with Smart Money Concepts (SMC) and Smart Money Traps (SMT). The SMT block (“Smart Money Traps”) supplements classic smart money concepts with: 1. Detection of bull traps (short setups) and bear traps (long setups) 2. Display of trap boxes in the chart (liquidity grab areas) 3. A bot setup box (table) with ready-made entry/SL/TP levels: as well as age in bars & days and “Valid until ~X d” (remaining term) SMT / bot setup only run on the following timeframes: - H1, H2, H3, H4, H6 This means that traps, labels, and the bot setup box are only displayed on these timeframes Trap definition “Bull Trap (Short Setup)”: - Valid swing high - Swing trend bullish - High (Wick) pierces above the swing high (Liquidity Grab) - Close falls back below the swing high (false breakout) -> Result: Short setup (bull trap), marked in orange Trap definition “Bear Trap (long setup)”: - Valid swing low - Swing trend bearish - Low (wick) pierces below the swing low (liquidity grab) - Close rises above the swing low again (false breakout) -> Result: Long setup (bear trap), marked in blue Entry / SL / TP calculation A price range is taken for each trap: Bull trap (short): - Range = - Entry = point within this range: Entry = hiBT - (hiBT - loBT) * TrapEntryRatio (0..1) -> 0.0 = at the Wick extreme, 0.5 = middle, 1.0 = at the Swing level - SL = Wick extreme (upper edge of the trap) - Risk = |Entry - SL| - TP1 = Entry - R1 * Risk - TP2 = Entry - R2 * Risk Bear Trap (Long): - Range = - Entry analogous within the range according to TrapEntryRatio - SL = wick bottom (lower edge of the trap) - Risk = |Entry - SL| - TP1 = Entry + R1 * Risk - TP2 = Entry + R2 * Risk R1 / R2 correspond to the inputs: - botRR1Input = TP1 Risk/Reward (e.g., 1.5R) - botRR2Input = TP2 Risk/Reward (e.g., 3.0R) Age & Validity Each trap stores: - lastTrapBarIndex -> last bar of the trap - Age in bars -> bar_index - lastTrapBarIndex - Age in days (~d) -> AgeBars * BarDurationInDays (depending on TF) Input: trapMaxAgeBars determines how long a trap is valid. The bot setup box is only displayed if: - a trap is present, - AgeBars <= trapMaxAgeBars, - SMT + Box + SMC timeframe are active. Color logic (color blind friendly): - Blue (accentBlue) = fresh traps (Age <= 1/3 MaxAge) - Orange (accentOrange) = medium age - Violet (accentPurple) = old, but still within MaxAge - Gray (accentGray) = expired (> MaxAge) The box also shows “Valid until ~X d” as the remaining term. Day/Night Mode & Colors - chart.bg_color is used to detect dark or light mode. - Text/background colors adjust (light/dark). - Accent colors (blue/orange/purple/gray) are suitable for red/green color blindness. - Trap labels in the chart: - Bull trap label = orange (short setup) - Bear trap label = blue (long setup) - Text color depends on chart mode (dark/light) Typical workflow (example): 1. Select a suitable symbol & SMC timeframe (e.g., H4 or H6). 2. Wait for a bull trap (short) or bear trap (long). 3. Read in the bot setup box: - Direction (long/short) - Entry, SL, TP1, TP2 - Age & “Valid until ~X d” 4. These values can be used as a template for manual trading or external bot/order systems. 5. Position size & leverage must always be calculated separately in your own risk management (e.g., 2% rule). This script does not calculate position sizes.
Pine Script® Indikator
von McToGa
Unmitigated MTF High Low Pro - Cave Diving Bookmap Heatmap Plot Unmitigated MTF High Low Pro - Cave Diving Bookmap Heatmap Plot --- ## 📖 Table of Contents 1. (#what-this-indicator-does) 2. (#core-concepts) 3. (#visual-components) 4. (#the-cave-diving-framework) 5. (#how-to-use-it-for-trading) 6. (#settings--customization) 7. (#best-practices) 8. (#common-scenarios) --- ## What This Indicator Does The **Unmitigated MTF High Low v2.0** tracks unmitigated (untouch) high and low levels across multiple timeframes, helping you identify key support and resistance zones that the market hasn't revisited yet. Think of it as a sophisticated memory system for price action - it remembers where price has been, and more importantly, where it *hasn't been back to*. ### Why "Unmitigated" Matters In futures trading, especially on instruments like NQ and ES, the market has a tendency to revisit levels where liquidity was left behind. An "unmitigated" level is one that hasn't been touched since it was formed. These levels often act as magnets for price, and understanding their age and proximity gives you a significant edge in: - **Entry timing** - Waiting for price to approach tested levels - **Exit planning** - Taking profits before ancient resistance/support - **Risk management** - Avoiding entries when approaching multiple old levels - **Liquidity mapping** - Visualizing where orders likely cluster --- ## Core Concepts ### 1. **Sessions & Age** The indicator uses **New York trading sessions** (6:00 PM to 5:59 PM NY time) as the primary time measurement. This aligns with how futures markets naturally segment their activity. **Age Categories:** - 🟢 **New (0-1 sessions)** - Fresh levels, recently formed - 🟡 **Medium (2-3 sessions)** - Tested by time, gaining significance - 🔴 **Old (4-6 sessions)** - Highly significant, survived multiple days - 🟣 **Ancient (7+ sessions)** - Extreme significance, major support/resistance The longer a level remains unmitigated, the more significant it becomes. Think of it like compound interest - time adds weight to these zones. ### 2. **Multi-Timeframe Tracking** You can set the indicator to track high/low levels from any timeframe (default is 15 minutes). This means you're watching for unmitigated 15-minute highs and lows while trading on, say, a 1-minute or 5-minute chart. **Why this matters:** - Higher timeframe levels have more weight - You can see multiple timeframe structure simultaneously - Helps you avoid fighting larger timeframe momentum ### 3. **Mitigation** A level becomes "mitigated" (deactivated) when price touches it: - **High levels** are mitigated when price reaches or exceeds them - **Low levels** are mitigated when price reaches or goes below them Once mitigated, the level disappears from view. The indicator only shows you the untouch levels that still matter. --- ## Visual Components ### 📊 The Dashboard Table Located in the corner of your chart (configurable), the table shows: ``` ┌─────────┬───────────┬────────┬─────┬───────┐ │ Level │ Price │ Points │ Age │ % │ ├─────────┼───────────┼────────┼─────┼───────┤ │ ↑↑↑↑↑ │ 21,450.25 │ +45.50 │ 8 │ +0.21%│ ← 5th High (Ancient) │ ↑↑↑↑ │ 21,430.00 │ +25.25 │ 5 │ +0.12%│ ← 4th High (Old) │ ↑↑↑ │ 21,420.50 │ +15.75 │ 3 │ +0.07%│ ← 3rd High (Medium) │ ↑↑ │ 21,412.00 │ +7.25 │ 1 │ +0.03%│ ← 2nd High (New) │ ↑ ⚠️ │ 21,408.25 │ +3.50 │ 0 │ +0.02%│ ← 1st High (Proximity Alert!) ├─────────┼───────────┼────────┼─────┼───────┤ │ 15 mins │ 🟢 │ Δ 8.75 │ 2U │ │ ← Status Row ├─────────┼───────────┼────────┼─────┼───────┤ │ ↓ ⚠️ │ 21,399.50 │ -5.25 │ 0 │ -0.02%│ ← 1st Low (Proximity Alert!) │ ↓↓ │ 21,395.00 │ -9.75 │ 2 │ -0.05%│ ← 2nd Low (Medium) │ ↓↓↓ │ 21,385.25 │ -19.50 │ 4 │ -0.09%│ ← 3rd Low (Old) │ ↓↓↓↓ │ 21,370.00 │ -34.75 │ 6 │ -0.16%│ ← 4th Low (Old) │ ↓↓↓↓↓ │ 21,350.75 │ -54.00 │ 9 │ -0.25%│ ← 5th Low (Ancient) ├─────────┼───────────┼────────┼─────┼───────┤ │ 📊 15↑ / 12↓ │ ← Statistics (optional) └─────────┴───────────┴────────┴─────┴───────┘ ``` **Reading the Table:** - **Level Column**: Number of arrows indicates position (1-5), color shows age - **Price**: The actual price level - **Points**: Distance from current price (+ for highs, - for lows) - **Age**: Number of full sessions since creation - **%**: Percentage distance from current price - **⚠️**: Proximity alert - price is within threshold distance - **Status Row**: Shows timeframe, direction (🟢 bullish/🔴 bearish), tunnel width (Δ), and Strat pattern ### 📈 Visual Elements on Chart **1. Level Lines** - Horizontal lines showing each unmitigated level - **Color-coded by age**: Bright colors = new, darker = older, deep purple/teal = ancient - **Line style**: Customizable (solid, dashed, dotted) - Automatically turn **yellow** when price gets close (proximity alert) **2. Price Labels** - Show the exact price and age: "21,450.25 (8d)" - Fixed at small size for clean readability - Positioned with configurable offset from current bar **3. Bands (Optional)** - Shaded zones between pairs of unmitigated levels - Default: Between 1st and 2nd levels (the "tunnel") - Can switch to 1st-3rd, 2nd-3rd, or disable entirely - **Upper band** (pink/maroon) - Between unmitigated highs - **Lower band** (blue/teal) - Between unmitigated lows - These represent the "no man's land" or consolidation zones --- ## The Cave Diving Framework This indicator is designed around the **Cave Diving Trading Framework** - a psychological and technical approach that maps cave diving safety protocols to futures trading risk management. ### 🤿 The Core Metaphor **Cave diving has clear danger zones based on depth and overhead environment. Your trading should too.** #### Shallow Water (New Levels, 0-1 Sessions) - **Light**: Bright colors (bright red highs, bright green lows) - **Psychology**: Fresh territory, recently tested - **Trading**: Be aware but not overly concerned - **Cave Diving Parallel**: You can see the surface, easy exit #### Penetration Depth (Medium Levels, 2-3 Sessions) - **Light**: Medium intensity colors - **Psychology**: Building significance, market memory forming - **Trading**: Start respecting these levels for entries/exits - **Cave Diving Parallel**: Deeper in, need to track your line back #### Deep Dive Zone (Old Levels, 4-6 Sessions) - **Light**: Dark colors (deep maroon, dark blue) - **Psychology**: Highly tested support/resistance - **Trading**: Major decision points, plan accordingly - **Cave Diving Parallel**: Significant overhead, careful navigation required #### Overhead Environment (Ancient Levels, 7+ Sessions) - **Light**: Very dark, purple/deep teal - **Psychology**: Extreme caution required, major liquidity zones - **Trading**: These are your "turn back" signals - don't fight ancient levels - **Cave Diving Parallel**: Maximum danger, no room for error ### 🎯 The Proximity Alert System Just like a cave diver's depth gauge that warns at critical thresholds, the proximity alerts (⚠️) tell you when you're entering a danger zone. When price gets within your configured threshold (default 5 points), the indicator: - Highlights the level in **yellow** on the chart - Shows **⚠️** in the table - Signals: "You're entering a high-significance zone - adjust your position accordingly" This prevents the trading equivalent of going deeper into a cave without checking your air supply. --- ## How to Use It for Trading ### 🎯 Entry Strategies **1. The "Bounce Setup" (Mean Reversion)** - Wait for price to approach an old or ancient unmitigated level - Look for confluence: multiple levels nearby, bands narrowing - Enter when price shows rejection (reversal candle patterns) - **Example**: Price drops to a 6-session-old low, shows bullish engulfing → Long entry **2. The "Break and Retest" (Trend Following)** - Wait for price to break through an unmitigated level (mitigates it) - Enter on the retest of the newly broken level - **Example**: Price breaks above 4-session-old high → Wait for pullback to that level → Long entry **3. The "Tunnel Trade" (Range Trading)** - When bands are active, trade the range between 1st-2nd levels - Short near upper band resistance, long near lower band support - Exit at opposite side or when bands break ### 🚨 Risk Management Rules **The Ancient Level Rule** > Never fight ancient levels (7+ sessions). If you're long and approaching an ancient high, take profits. If you're short and approaching an ancient low, take profits. These levels have survived a full trading week without being touched - there's likely significant liquidity and institutional interest there. **The Proximity Exit Rule** > When you see ⚠️ proximity alerts on multiple levels above/below your position, tighten stops or scale out. This is your "overhead environment" warning. You're in dangerous territory. **The New Level Filter** > Be cautious taking positions based solely on new levels (0-1 sessions). Wait for them to age or combine with other confluence. Fresh levels haven't been tested by time. They're like unconfirmed support/resistance. ### 📊 Reading Market Structure **Bullish Structure (🟢 in status row)** - Unmitigated lows are aging and holding - Price respecting the lower band - Old lows below acting as strong support - **Bias**: Look for long entries at lower levels **Bearish Structure (🔴 in status row)** - Unmitigated highs are aging and holding - Price respecting the upper band - Old highs above acting as strong resistance - **Bias**: Look for short entries at higher levels **The Tunnel Compression** - When the Δ (delta) in the status row is small, levels are tight - This often precedes a breakout - **Trading**: Wait for breakout direction, then trade the break ### 🔄 Strat Integration The indicator shows Strat patterns in the status row: - **1** - Inside bar (consolidation) - **2U** - Broke high only (bullish) - **2D** - Broke low only (bearish) - **3** - Broke both (wide range, volatility) Use these with the unmitigated levels: - **2U near old high** → Potential resistance, watch for rejection - **2D near old low** → Potential support, watch for bounce - **3 pattern** → High volatility, respect wider stops --- ## Settings & Customization ### 📅 Session & Timeframe Settings **HL Interval** (Default: 15 minutes) - The timeframe for high/low calculation - **Lower (1m, 5m)**: More levels, more noise, good for scalping - **Higher (30m, 1H, 4H)**: Fewer levels, stronger significance, good for swing trading - **Recommendation for NQ/ES**: 15m or 30m for day trading, 1H for swing trading **Session Age Threshold** (Default: 2) - How many sessions before a level is considered "old" - Lower = more levels classified as old - Higher = stricter definition of significance ### 📊 Level Display Options **Show Level Lines** - Toggle: Display horizontal lines for each level - **Turn off** if you prefer a cleaner chart and only want the table **Show Level Labels** - Toggle: Display price labels on the chart - **Turn off** for minimal visual clutter **Label Offset** - Distance (in bars) from current price bar to place labels - Increase if labels overlap with price action **Level Line Width & Style** - Customize visual appearance - **Thin solid**: Minimal distraction - **Thick dashed**: High visibility ### 🎨 Age-Based Color Coding Customize colors for each age category (high and low separately): - **New (0-1 sessions)**: Default bright red/green - **Medium (2-3 sessions)**: Default medium intensity - **Old (4+ sessions)**: Default dark red/blue - **Ancient (7+ sessions)**: Default deep purple/teal **Color Strategy Tips:** - Keep ancient levels in highly contrasting colors - Use opacity (transparency) if you want subtler lines - Match your chart's color scheme for aesthetic coherence ### 🎯 Band Settings **Band Mode** - **1st-2nd** (Default): The primary "tunnel" between most recent levels - **1st-3rd**: Wider band, more room for price action - **2nd-3rd**: Band between less immediate levels - **Disabled**: No bands, lines only **Band Colors & Borders** - Customize fill color and border separately - **Tip**: Keep bands very transparent (90-95% transparency) to avoid obscuring price action ### ⚠️ Proximity Alert Settings **Enable Proximity Alerts** - Toggle: Turn on/off the warning system - When enabled, levels within threshold distance show ⚠️ and turn yellow **Alert Threshold** (Default: 5.0 points) - Distance in points to trigger the alert - **For NQ**: 5-10 points is reasonable - **For ES**: 2-5 points is reasonable - **For MES/MNQ**: Scale down proportionally **Alert Highlight Color** - The color lines/labels turn when proximity is triggered - Default: Yellow (high visibility) ### 📋 Table Settings **Show Table** - Toggle: Display the dashboard table **Table Location** - Top Left, Top Right, Bottom Left, Bottom Right - Choose based on your chart layout and other indicators **Text Size** - Tiny, Small, Normal, Large - **Recommendation**: Normal for 1080p monitors, Small for 4K **Show % Distance** - Toggle: Add percentage distance column to table - Useful for comparing relative distances across different price ranges **Show Statistics Row** - Toggle: Show total count of unmitigated highs/lows - Format: "📊 15↑ / 12↓" (15 unmitigated highs, 12 unmitigated lows) - Useful for gauging overall market structure ### ⚡ Performance Settings **Enable Level Cleanup** - Automatically remove very old levels to maintain performance - **Keep on** unless you want unlimited history **Max Lookback Levels** (Default: 10,000) - Maximum number of levels to track - 10,000 ≈ 6+ months of 15-minute bars - **Increase** if you want more history - **Decrease** if experiencing performance issues **Max Boxes Per Band** (Default: 245) - TradingView limit is 500 total boxes - With 2 bands, 245 each = 490 total (safe maximum) --- ## Best Practices ### 🎯 Position Management **1. Scaling In Near Old Levels** ``` Price approaching 5-session-old low: - First position: 30% size at proximity alert (⚠️) - Second position: 40% size at exact level - Third position: 30% size if it shows strong rejection ``` **2. Scaling Out Near Ancient Levels** ``` Holding long position, approaching 8-session-old high: - Exit 50% at proximity alert (⚠️) - Exit 30% at exact level - Trail stop on remaining 20% ``` ### 🧠 Trading Psychology Integration Drawing from principles in *The Mountain Is You*, this indicator helps you: **1. Recognize Self-Sabotage Patterns** - **The Premature Entry**: Entering before price reaches your planned level - **Solution**: Set alerts at unmitigated levels, wait for proximity warnings - **The Profit-Taking Problem**: Exiting too early from fear - **Solution**: Identify the next unmitigated level and commit to holding until proximity alert - **The Loss Holding**: Refusing to exit losing trades - **Solution**: When price breaks through and mitigates your entry level, it's telling you the structure changed **2. Building Better Habits** The color-coded age system trains your brain to: - Respect levels that have proven themselves over time - Distinguish between noise (new levels) and structure (old levels) - Make decisions based on objective data, not fear or greed **3. Emotional Regulation** The proximity alerts serve as: - **Circuit breakers** - Forcing you to re-evaluate before dangerous zones - **Permission to act** - Giving you objective signals to exit without second-guessing - **Validation** - Confirming when you're in alignment with market structure ### 📝 Pre-Market Routine **Daily Setup Checklist:** 1. ✅ Identify the 3 nearest unmitigated highs above current price 2. ✅ Identify the 3 nearest unmitigated lows below current price 3. ✅ Note which are ancient (7+) - these are your "no-go" zones 4. ✅ Check the tunnel width (Δ in status row) - tight or wide? 5. ✅ Set alerts at the 1st high and 1st low for proximity warnings 6. ✅ Plan: "If we go up, I exit at ___. If we go down, I enter at ___." ### 🔄 Timeframe Confluence **Multi-Timeframe Strategy:** Run the indicator on **three instances**: - **15-minute** (short-term structure) - **1-hour** (intermediate structure) - **4-hour** (major structure) **Strong Setup**: When all three timeframes show unmitigated levels converging at the same price zone. **Example:** - 15m: Old low at 21,400 - 1H: Ancient low at 21,398 - 4H: Ancient low at 21,395 - **Result**: 21,395-21,400 is a monster support zone ### ⚠️ What This Indicator Doesn't Do **Not a Crystal Ball** - It doesn't predict where price will go - It shows you where price *hasn't been* and how long it's been avoided - The trading decisions are still yours **Not an Entry Signal Generator** - It provides context and structure - You need to combine it with your entry methodology (price action, indicators, order flow, etc.) **Not Foolproof** - Ancient levels get broken - Proximity alerts can trigger early in strong trends - The market doesn't "owe" you a reversal at any level --- ## Common Scenarios ### Scenario 1: "Level Cluster Ahead" **Situation**: You're long at 21,400. The table shows: - 1st High: 21,425 (2 sessions old) - 2nd High: 21,428 (3 sessions old) - 3rd High: 21,435 (6 sessions old) **Interpretation**: There's a resistance cluster just 25-35 points away. The 6-session-old level is particularly significant. **Action**: - Set first profit target at 21,420 (before the cluster) - Set second target at 21,426 (between 1st and 2nd) - Trail remaining position, but be ready to exit on rejection at 21,435 **Cave Diving Analogy**: You're approaching an overhead section with limited clearance. Lighten your load (reduce position) before entering. --- ### Scenario 2: "Ancient Level Approaches" **Situation**: The market is grinding higher. You see ⚠️ appear next to a 9-session-old high at 21,500. **Interpretation**: This level has survived over a week without being touched. Massive potential liquidity zone. **Action**: - If long, this is your absolute exit zone. Take profits before or at level. - If looking to short, wait for clear rejection (price taps and reverses) - Don't try to buy the breakout until it clearly breaks and retests **Cave Diving Analogy**: Your dive computer is beeping - you've reached your planned turn-back depth. No matter how interesting it looks ahead, honor your plan. --- ### Scenario 3: "Mitigated Levels Create New Structure" **Situation**: Price breaks and mitigates the 1st High. The previous 2nd High becomes the new 1st High. **Interpretation**: The structure just shifted. What was the 2nd level is now most relevant. **Action**: - Watch how price reacts to the newly-mitigated level - If it holds below (acts as resistance), bearish - If it reclaims and holds above (acts as support), bullish - The NEW 1st High is your next target/resistance **Cave Diving Analogy**: You've passed through a restriction - the cave layout ahead is different now. Update your mental map. --- ### Scenario 4: "Tight Tunnel, Upcoming Breakout" **Situation**: The Δ in the status row shows 3.25 points (very tight). Bands are converging. **Interpretation**: Price is consolidating between very close unmitigated levels. Breakout likely. **Action**: - Don't try to predict direction - Set alerts above 1st High and below 1st Low - When break occurs, trade the retest - Expect volatility - use wider stops **Cave Diving Analogy**: You're in a narrow passage. Movement will be sudden and directional once it starts. --- ### Scenario 5: "Imbalanced Structure" **Situation**: The statistics row shows "📊 22↑ / 7↓" **Interpretation**: There are many more unmitigated highs than lows. This suggests: - Price has been declining (hitting lows, leaving highs behind) - Potential bullish reversal zone (lots of overhead supply mitigated) - Or continued bearish structure (resistance everywhere above) **Action**: - Look at the age of those 22 highs - If mostly new (0-2 sessions): Just a recent downmove, not significant yet - If many old/ancient: Strong overhead resistance, be cautious on longs - Compare to price action: Is price respecting the remaining lows? **Cave Diving Analogy**: You've swam deeper than your starting point - most of your markers are above you now. Are you planning the ascent or going deeper? --- ## Final Thoughts: The Philosophy This indicator is built on a simple but powerful principle: **The market has memory, and that memory has weight.** Every unmitigated level represents: - Liquidity left behind - Orders waiting to be filled - Institutional interest potentially parked - Psychological significance for participants The longer a level remains unmitigated, the more "charged" it becomes. When price finally revisits it, something significant usually happens - either a strong reversal or a definitive break. Your job as a trader isn't to predict which outcome will occur. Your job is to: 1. **Recognize** when you're approaching these charged zones 2. **Respect** them by adjusting position size and risk 3. **React** appropriately based on how price behaves at them 4. **Remember** that ancient levels (like ancient wisdom) deserve extra reverence The Cave Diving Framework embedded in this indicator serves as a constant reminder: Trading, like cave diving, requires rigorous respect for environmental hazards, meticulous planning, and the discipline to turn back when your limits are reached. **Every proximity alert is the market asking you**: *"Do you really want to go deeper?"* Sometimes the answer is yes - when your setup, confluence, and risk management all align. Often, the answer should be no - and that's the trader avoiding the accident that would have happened to the gambler. --- ### 🎯 Quick Reference Card **Color System:** - 🟢 Bright colors = New (0-1 sessions) = Shallow water - 🟡 Medium colors = Medium (2-3 sessions) = Penetration depth - 🔴 Dark colors = Old (4-6 sessions) = Deep dive zone - 🟣 Deep dark colors = Ancient (7+ sessions) = Overhead environment **Symbols:** - ↑ ↑↑ ↑↑↑ ↑↑↑↑ ↑↑↑↑↑ = High levels (1st through 5th) - ↓ ↓↓ ↓↓↓ ↓↓↓↓ ↓↓↓↓↓ = Low levels (1st through 5th) - ⚠️ = Proximity alert (danger zone) - 🟢 = Bullish structure - 🔴 = Bearish structure - Δ = Tunnel width (distance between 1st high and 1st low) **Critical Rules:** 1. Never fight ancient levels (7+ sessions) 2. Respect proximity alerts (⚠️) 3. Scale out near old/ancient resistance 4. Wait for confluence when entering 5. Let mitigated levels prove their new role --- **Remember**: The indicator gives you structure. The trading edge comes from your discipline in respecting that structure. Trade safe, trade smart, and always know your exit before your entry. 🎯 --- *"You don't become your best self by denying your patterns. You become your best self by recognizing them, understanding them, and choosing differently." - Adapted from The Mountain Is You* In trading: You don't become profitable by ignoring market structure. You become profitable by recognizing it, understanding it, and choosing your entries accordingly.
Pine Script® Indikator
von DeLeBlanc
1
Zone Eleven HTF Gate SweepThis indicator is designed as a simple visual framework rather than a rigid signal system. It highlights time-based structure and key alignment zones to help identify when price behavior is more likely to be active or responsive. The logic is intentionally flexible, allowing the user to apply their own discretion instead of relying on strict conditions. Its primary value is visual clarity and context, not automatic entries or exits.
Pine Script® Indikator
von zoneleventrading
Cave Diving 3 Lines System 🤿 Cave Diving Dashboard - A Deep Dive into Market Structure ## The Cave Diving Analogy Imagine you're a cave diver exploring underwater caverns. As you descend deeper, you encounter different layers of the cave system: - **The Surface (Internal Levels)** - Where you currently are, constantly shifting with each breath - **The First Chamber (De Novo Levels)** - Your last known safe position, recently established - **Deep Caverns (External Levels)** - Ancient, untouched chambers deeper in the system Just as a cave diver must constantly monitor their position relative to these reference points, traders must track price action against key structural levels. --- ## 🎯 Understanding the Three-Tiered System ### 📍 **INTERNAL LEVELS** (Current 15m Candle) *Your real-time position in the market* **Internal High** 🟡 - The highest point reached in the current unfinished 15-minute candle **Internal Low** 🟢 - The lowest point reached in the current unfinished 15-minute candle **Think of these as:** - Your current depth while actively diving - They update continuously as price moves - Status shows "Updating" when actively changing, "Intact" when stable - These are NOT trade levels—they're awareness zones **Key Insight:** When Internal Low drops below De Novo Low, you're in **Situation A** (bearish pressure building)—the indicator highlights this with red coloring. --- ### 🎯 **DE NOVO LEVELS** (Previous Closed 15m Candle) *Your most recent confirmed safe zone* **De Novo High** 🔵 - The high of the last completed 15-minute candle **De Novo Low** 🟣 - The low of the last completed 15-minute candle **Etymology:** "De Novo" = Latin for "from new" or "anew"—these are freshly established reference points **Think of these as:** - The last solid ground you stood on - Your most recent confirmed position - The bridge between where you are (Internal) and where you've been (External) **Status Tracking:** - **⬆️ Upgrade** - Level moved favorably (Higher high for resistance, Higher low for support) - **⬇️ Downgrade** - Level moved unfavorably (Lower high, Lower low) - **＝ Same** - No structural change from previous candle **Trading Significance:** - Primary reference points for intraday structure - Breaking De Novo levels often signals directional commitment - Can merge with External Level 1 when they align (shown as "DN🟰Ext1") --- ### ⛽🤿 **EXTERNAL LEVELS** (Unmitigated Historical 15m Levels) *Deep liquidity pools waiting to be discovered* **External High 1 & 2** 🟢🔵 - The two most recent unmitigated 15m highs **External Low 1 & 2** 🟠🌸 - The two most recent unmitigated 15m lows **Think of these as:** - Untouched chambers in the cave system - Liquidity pools that smart money is targeting - Levels that "remember" and attract price **What Makes a Level "Unmitigated"?** - **Highs**: Price has NOT yet traded through them (broken above) - **Lows**: Price has NOT yet swept them (broken below) - Once touched, they're "mitigated" and removed from tracking - The indicator automatically maintains the two most recent unmitigated levels **Why "External"?** They exist outside your current candle structure—historical reference points that institutions use for: - Stop loss placement - Profit taking targets - Liquidity hunting zones --- ## 🎨 Color Coding System ### HIGHS (Resistance/Targets) - Cool Colors - 🔵 **Ext High 2** - Light Blue (Distant target) - 🟢 **Ext High 1** - Lime Green (Primary target) - 🔵 **De Novo High** - Cyan (Recent resistance) - 🟡 **Internal High** - Lemon Yellow (Current ceiling) ### LOWS (Support/Stops) - Warm Colors - 🟢 **Internal Low** - Lime (Current floor) - 🟣 **De Novo Low** - Purple (Recent support) - 🟠 **Ext Low 1** - Orange-Red (Primary stop zone) - 🌸 **Ext Low 2** - Pink (Distant support) --- ## 📊 Dashboard Breakdown ### The Table Shows: 1. **Level** - Which level you're tracking 2. **Price** - Exact price of the level 3. **Pts** - Distance from current price (+ above, - below) 4. **Status** - Current state or role of the level ### Special Features: - **⏰ Countdown Timer** - Shows time remaining until next 15m candle close (next De Novo update) - **⚠️ Proximity Alerts** - Bottom row warns when within threshold distance of key levels (default: 25 points, adjustable) --- ## 🎯 Trading Applications ### **For Buyers (Going Long):** - **Entry Zone**: Between De Novo Low and Ext Low 1 - **Stops**: Below Ext Low 1 (or Ext Low 2 for wider stops) - **Targets**: De Novo High → Ext High 1 → Ext High 2 - **Confirmation**: Internal Low holds above De Novo Low ### **For Sellers (Going Short):** - **Entry Zone**: Between De Novo High and Ext High 1 - **Stops**: Above Ext High 1 (or Ext High 2 for wider stops) - **Targets**: De Novo Low → Ext Low 1 → Ext Low 2 - **Warning**: Watch for Situation A (Internal Low < De Novo Low) ### **Risk Management:** - **DN🟰Ext1** status means De Novo = External 1 (tighter range, use caution) - Proximity alerts help you avoid chasing price into resistance/support - "Updating" status on Internal levels = active volatility - "Upgrade/Downgrade" signals = structural shift in progress --- ## ⚙️ Customization Options ### Lookback Period - Default: 500 candles (searches 125 hours of 15m data) - Increase for more historical External levels - Decrease for focus on recent structure ### Proximity Threshold - Default: 25 points - Set based on your instrument's average range - Lower = tighter alerts (for scalping) - Higher = strategic warnings (for swing trading) ### Visual Customization - Line thickness (1-5) - Line style (Solid/Dashed/Dotted) - All colors fully customizable - Show/hide lines independently --- ## 🧭 The Cave Diving Mindset **Never dive deeper than you can safely return from.** In trading terms: - Know your Internal position (real-time awareness) - Respect your De Novo levels (recent structure) - Hunt for External liquidity (where the targets are) - Always have an exit plan (stops below Ext Lows, above Ext Highs) The market, like a cave, has structure. This indicator illuminates that structure across three timeframes of reference, helping you navigate with precision rather than guessing in the dark. --- ## 🎓 Key Takeaways 1. **Internal** = Real-time, unfinished, awareness only 2. **De Novo** = Just confirmed, primary reference, updates every 15m 3. **External** = Historical, unmitigated, high-probability targets/stops 4. **Upgrades/Downgrades** = Trend signals 5. **DN🟰Ext1** = Structural alignment (tighter range) 6. **Situation A** = Bearish warning (Internal < De Novo Low) --- ## 📝 Credits *"In cave diving, you plan your dive and dive your plan. In trading, you plan your levels and trade your levels."* **Indicator:** Cave Diving Dashboard - Part 1: Price Levels **Timeframe:** Optimized for 15-minute structure on any chart timeframe **Philosophy:** Structure first, price second. Know where you are, where you've been, and where the liquidity waits. --- Happy Diving! 🤿📈
Pine Script® Indikator
von DeLeBlanc
alplerThe 4H Engulf Indicator is a rule-based price action tool designed to identify high-probability trading opportunities on the 4-hour timeframe. Its core logic is built around bullish and bearish engulfing candles, which are widely accepted as strong reversal or continuation signals in technical analysis. This indicator focuses only on confirmed engulfing patterns, meaning the signal is generated after the candle is fully closed, not while it is forming. This helps eliminate false signals and emotional, premature entries. When a bullish engulfing candle appears, the indicator marks a bullish signal, suggesting potential upward momentum. Conversely, when a bearish engulfing candle forms, a bearish signal is displayed, indicating possible downward pressure. One of the key strengths of the 4H Engulf Indicator is its clarity and simplicity. Signals are shown directly on the chart using visually clear arrows and labels, allowing the trader to quickly assess market direction without clutter. The indicator does not predict the market; instead, it reacts to confirmed price behavior, which aligns well with disciplined and systematic trading. The 4-hour timeframe provides a balance between noise reduction and timely opportunities, making this indicator suitable for swing traders and position traders. When combined with trend filters, risk management rules, or higher-timeframe analysis, the 4H Engulf Indicator becomes a powerful component of a professional trading system.
Pine Script® Indikator
von TLUSD
Liquidity Sweep Guardian (Universal % or point based) Liquidity Sweep Guardian - Complete User Guide ## Overview The **Liquidity Sweep Guardian** is a visual warning system designed to prevent premature counter-trend trades (fades) near Previous Day High (PDH) and Previous Day Low (PDL) levels. This indicator helps you avoid one of the most common trading mistakes: fading too early before liquidity sweeps complete. --- ## 🎯 Core Trading Principle ### **THE GOLDEN RULE: Don't Fade Until It's Unlocked** Price often **accelerates into key levels** to sweep liquidity before reversing. Trading against this momentum is extremely dangerous. **The Process:** 1. **Danger Zone** (Red/White Box) = ⚠️ **DO NOT FADE** - Sweep likely incoming 2. **Sweep Occurs** (Triangle marker appears) = Price penetrates the level 3. **Reclaim Happens** (Price returns above/below level) = Level is tested 4. **🔓 UNLOCKED** (Gold border, green label) = **NOW you may CONSIDER a fade** > **Important:** "UNLOCKED" means you may now *consider* a fade setup. It is NOT a trade signal itself. You still need your entry confirmation, risk management, and trade plan. --- ## 📊 Visual Elements Explained ### 1. **Danger Zone Boxes (Red Border by Default)** **Two types of zones around PDH/PDL:** - **Outer Danger Zone** (White fill): ±75pts (or 0.30%) around the level - Indicates proximity to a key level where sweeps commonly occur - Yellow/cautious trading zone - **Inner Critical Zone** (Black fill): ±25pts (or 0.10%) around the level - Highest probability area for liquidity sweep traps - Avoid fading here at all costs **What to do:** - When price enters these zones, **wait and watch** - Do not initiate counter-trend positions - Allow the sweep to play out ### 2. **Unlocked Zones (Gold Border #ffeb3b)** When a zone turns **gold/yellow** with green fill: - The level has been swept AND reclaimed - The liquidity grab is complete - You may now look for fade opportunities with proper confirmation ### 3. **PDH/PDL Lines** - **PDH Line** (Red): Previous Day High with price label - **PDL Line** (Green): Previous Day Low with price label - These are your key reference levels for the session ### 4. **Sweep Labels** **Triangle Markers (SWEEP):** - **Green Triangle** = Clean sweep (10-25pts penetration) - **Orange Triangle** = Extended sweep (25-50pts penetration) - **Red Triangle** = Deep penetration (50+ pts) - likely continuation, not reversal **Warning Labels:** - **⚠️ DEEP CONTINUATION?** = Penetration too deep, probably NOT a reversal setup **Unlock Labels:** - **🔓 LONG UNLOCKED** = PDL swept and reclaimed, may consider long fades - **🔓 SHORT UNLOCKED** = PDH swept and reclaimed, may consider short fades --- ## ⚙️ Settings Guide ### **Calculation Mode** **Use Percentage Mode (Default: ON)** - ✅ **Enabled**: Universal mode - works on NQ, ES, RTY, stocks, crypto, forex - ❌ **Disabled**: Fixed points mode - for specific instruments only **When to use each:** - **Percentage Mode**: Trading multiple instruments, or instruments with varying price levels - **Fixed Points Mode**: Single instrument focus (e.g., only trading NQ at current levels) ### **Danger Zone Settings** **Percentage Mode (Default for Universal Use):** - **Danger Zone**: 0.30% each side (≈75pts on NQ@25,000) - **Critical Zone**: 0.10% each side (≈25pts on NQ@25,000) **Fixed Points Mode (For NQ Specifically):** - **Danger Zone**: 75 points each side - **Critical Zone**: 25 points each side **Adjustment Tips:** - For more volatile instruments: Increase percentages/points - For less volatile instruments: Decrease percentages/points - For higher timeframes: Use wider zones - For lower timeframes: Use tighter zones ### **Sweep Classification** **What defines a "real" sweep:** - **Minimum**: 10pts / 0.04% - Shallow penetration may not grab enough liquidity - **Optimal**: 10-25pts / 0.04-0.10% - "Goldilocks zone" for reversal setups - **Extended**: 25-50pts / 0.10-0.20% - Deeper sweep, less reliable - **Continuation**: 50+pts / 0.20%+ - Too deep, likely NOT reversing **Max Bars for Reclaim**: 5 bars (default) - Price should reclaim the level relatively quickly - If it takes too long, the sweep may have failed ### **Visual Customization** **Box Settings:** - **Left Extension**: 60 bars (how far back the box extends) - **Right Extension**: 50 bars (how far forward the box extends) **Toggle Options:** - Show/Hide Danger Zone Boxes - Show/Hide PDH/PDL Lines - Show/Hide Price Labels on lines - Show/Hide Sweep Labels - Show/Hide Unlock Labels ### **Color Customization** All colors are fully customizable: - Danger Zone Fill & Border - Critical Zone Fill & Border - Unlocked Zone Fill & Border - PDH/PDL Line Colors - PDH/PDL Label Colors - Border Widths (1-5 pixels) - Line Widths (1-5 pixels) --- ## 🎓 Trading Strategy Examples ### **Example 1: Long Setup at PDL** 1. **Morning**: Price approaches PDL (danger zone appears) 2. **Don't Fade Yet**: Price enters critical zone - resist urge to buy 3. **Sweep**: Price drops 15pts below PDL (green triangle appears) 4. **Reclaim**: Price closes back above PDL within 3 bars 5. **🔓 UNLOCKED**: Gold border + "LONG UNLOCKED" label appears 6. **Trade Setup**: Now look for bullish confirmation (order flow, structure, etc.) ### **Example 2: Avoiding a Trap at PDH** 1. **Afternoon**: Price rallies into PDH danger zone 2. **Temptation**: You want to short here (it "looks toppy") 3. **Sweep**: Price breaks 50pts above PDH (red triangle + ⚠️ warning) 4. **Continuation**: Deep penetration suggests continuation, not reversal 5. **Result**: No unlock occurs, price keeps running higher - trap avoided! ### **Example 3: Failed Unlock (No Trade)** 1. Price sweeps PDL by 12pts (green triangle) 2. Price struggles to reclaim PDL, stays below for 10+ bars 3. No "UNLOCKED" label appears 4. **Correct Action**: Do not fade - sweep failed to reclaim --- ## 📱 Alerts The indicator includes built-in alerts for: - **Entering Danger Zones**: Get warned when price approaches PDH/PDL - **Sweep Detection**: Know immediately when a level is swept - **Unlock Signals**: Get notified when fade setups become available - **Continuation Warnings**: Alert when penetration suggests continuation **To Set Alerts:** 1. Right-click indicator → "Add Alert" 2. Select desired alert condition 3. Configure notification preferences --- ## ⚠️ Important Disclaimers ### **What This Indicator IS:** ✅ A visual warning system to prevent premature fades ✅ A tool to identify when liquidity sweeps have completed ✅ A framework for counter-trend trade timing ### **What This Indicator IS NOT:** ❌ A complete trading system ❌ An entry signal generator ❌ A guarantee of trade success ❌ A substitute for proper risk management ### **Always Remember:** - "UNLOCKED" = You may CONSIDER a fade (not a signal to trade) - You still need your own entry confirmation - You still need proper stop placement - You still need position sizing and risk management - Not every unlock leads to a successful trade - Market context and order flow still matter --- ## 🔧 Recommended Settings by Instrument ### **NQ (Nasdaq-100 E-mini Futures)** - Mode: Percentage or Fixed Points - Percentage: 0.30% / 0.10% (default) - Fixed Points: 75pts / 25pts (default) ### **ES (S&P 500 E-mini Futures)** - Mode: Percentage - Danger: 0.25% / Critical: 0.08% - Or Fixed Points: 15pts / 5pts ### **RTY (Russell 2000 E-mini Futures)** - Mode: Percentage - Danger: 0.35% / Critical: 0.12% - Or Fixed Points: 8pts / 3pts ### **Stocks (High Volume Large Caps)** - Mode: Percentage (recommended) - Danger: 0.20-0.40% / Critical: 0.08-0.15% - Adjust based on ATR and volatility ### **Crypto (BTC, ETH)** - Mode: Percentage (essential) - Danger: 0.40-0.60% / Critical: 0.15-0.20% - Higher volatility requires wider zones --- ## 💡 Pro Tips 1. **Use on Higher Timeframes**: Works best on 5min, 15min, 1hr charts 2. **Combine with Order Flow**: Use with footprint/delta for confirmation 3. **Watch Volume**: Strong volume on sweep = better reversal potential 4. **Consider Time of Day**: Sweeps during RTH often more reliable 5. **Multiple Timeframes**: Check if higher TF also shows unlock 6. **Don't Force Trades**: Not every session produces clean setups 7. **Journal Results**: Track which unlock types work best for you 8. **Respect Continuation Signals**: When indicator says "too deep," listen --- ## 🆘 Troubleshooting **Q: Box isn't showing up** A: Check that "Show Danger Zone Boxes" is enabled in Visual Settings **Q: No price on labels** A: Enable "Show Price Labels on Lines" in Visual Settings **Q: Zones seem too tight/wide** A: Adjust Danger Zone % or points based on current volatility **Q: Getting too many/too few unlocks** A: Adjust sweep classification thresholds (min/max penetration) **Q: Want thicker/thinner lines** A: Adjust line widths in "PDH/PDL Line Colors" section **Q: Colors not matching my chart theme** A: Fully customize all colors in the color settings groups --- ## 📚 Additional Resources - Study price action around PDH/PDL on your instruments - Learn about liquidity sweeps and stop hunts - Understand market structure and order flow - Practice identifying setups on replay/historical data - Keep a trading journal of unlock scenarios --- *Remember: The best trade is often the one you don't take. This indicator helps you avoid the trades you shouldn't take, so you can focus on the ones you should.*
Pine Script® Indikator
von DeLeBlanc
First Candle Range (FCR) Gold Strategy - EtubersThe 18:00 (6:00 PM) candle is widely used by traders in the Forex and Futures markets because it marks the New York market rollover and the start of the Asian session. How the Strategy Works: - The Range: The High and Low prices of the 1-hour candle (18:00–19:00) create a "Supply and Demand" zone. - The Breakout: A candle closing above the high signals a bullish breakout; a candle closing below the low signals a bearish breakout. - Institutional Memory: By extending this zone forward for 4 days, traders can identify where "old" 18:00 levels act as support or resistance in the future. - Execution: Traders often wait for a breakout followed by a "retest" of the box boundary to enter a high-probability trade.
Pine Script® Indikator
von etubers
Gold Sniper MGC1! - M30 Precision vPOCThis Pine Script, titled "Gold Sniper MGC1! - M30 Precision vPOC," is a high-precision intraday trading tool designed specifically for Micro Gold (MGC1!) futures. It integrates Market Profile and Volume Profile logic to identify key institutional levels across various trading sessions. Core Functionality The script identifies and plots the Volume Point of Control (vPOC)—the price level with the highest traded volume—for specific time windows: P.vPOC (Previous vPOC): Calculated using a Daily VWAP sync to align perfectly with institutional data from the previous day. vPOC Today: Tracks the developing Point of Control for the current global session (18:00 - 17:00). Killzone vPOCs: Specifically isolates the highest volume price levels for the Asia (02h-08h), London (08h-14h), and New York (14h-17h) sessions. Key Technical Features Institutional Alignment: By utilizing request.security and hl2 median price calculations on a 30-minute basis, the script filters out market noise and aligns with the structural levels used by "Smart Money". Dynamic Labels (Vignettes): Each level is projected to the right of the price action with a color-coded label. These labels dynamically display both the Level Name and the Exact Price (to two decimal places), facilitating rapid order entry. Visual Hierarchy: Black (Solid): Previous Day's Value (P.vPOC). White (Dotted): Current Day's Developing Value. Gold/Cyan/Orange: Specific Killzone session values. Strategic Application This script serves as the "Map" for the Gold Sniper MGC1! strategy. Traders use these levels to identify Liquidity Sweeps or Market Structure Shifts (MSS). When the price interacts with these vPOCs, it often signals institutional rejection or acceptance, providing high-probability entry points for intraday "Sniper" setups.
Pine Script® Indikator
von caktrading
Enhanced Swing Trading Confluence [Hidden Div Bonus + Dashboard]powerful swing trading indicator combining multiple confluence factors for high-probability setups. This indicator identifies premium long and short opportunities by requiring alignment across: • Trend direction (price above/below 200 EMA + optional 50/100/200 EMA stacking) • RSI oversold/overbought conditions (with optional strict crossover requirement) • MACD line/signal crossover • Price touching Bollinger Band extremes • Optional Bollinger Band squeeze (low volatility contraction) • Optional volume spike confirmation Features: • Clean entry arrows for ready signals • Real-time confluence dashboard showing which conditions are met • Accurate regular RSI divergence detection (reversal signals) • Hidden RSI divergence detection (trend continuation signals) • Optional use of recent hidden divergence as a bonus confirmation filter • Customizable inputs and alerts Ideal for swing traders seeking multi-factor confirmation before entries. Works across all markets and timeframes. Alerts fire only when full confluence is achieved for disciplined, high-quality trade setups.
Pine Script® Indikator
von D4V3YZ
AI PRE-MARKET PRO - True/Fake Gap Classification-Version 1.0## **AI PRE-MARKET PRO: QUICK START GUIDE** This indicator classifies market gaps by comparing the **Current Price** to yesterday’s **High (PDH)**, **Low (PDL)**, and **Close (PDC)**. ### **1. GAP CLASSIFICATIONS** * **🔥 TRUE GAPS (High Momentum)** * **True Gap Up:** Price is above PDH. The market is in "Discovery Mode." High probability of trend continuation. * **True Gap Down:** Price is below PDL. Significant bearish sentiment. High probability of further selling. * **⚠️ FAKE GAPS (Mean Reversion)** * **Fake Gap Up:** Above PDC but below PDH. Price is "trapped" in yesterday's value. Often reverts to the Close (PDC). * **Fake Gap Down:** Below PDC but above PDL. Price is "trapped." Often bounces back toward the Close (PDC). ### **2. TRADING STRATEGY CHEAT SHEET** | Scenario | Primary Play | Entry Logic | | --- | --- | --- | | **True Gap Up** | **Continuation** | Wait for a pullback to **PDH**; buy the hold. | | **True Gap Down** | **Continuation** | Wait for a rally to **PDL**; short the rejection. | | **Fake Gap Up** | **Fade/Range** | Short the rejection of **PDH** or **ONH**; target **PDC**. | | **Fake Gap Down** | **Fade/Range** | Buy the bounce at **PDL** or **ONL**; target **PDC**. | ### **3. CRITICAL LEVELS ON YOUR CHART** * **PDH / PDL:** The "Line in the Sand." Breaking these turns a Fake Gap into a True Gap. * **ONH / ONL:** Overnight High/Low. These are your immediate support/resistance targets for the first 30 minutes of trading. * **PDC:** Previous Day Close. The "Magnet." If the market doesn't trend, it usually returns here. ### **4. HOW TO READ THE AI TABLES** * **Left Table:** Shows real-time distance (RT Δ) to key levels and whether they have been hit yet (**Mitigated**). * **Bottom Tables:** Provide a probability-based "Game Plan" and specific execution rules (e.g., "Wait for 15-minute confirmation"). --- **Next Step:** Would you like me to show you how to set up an alert for when the price crosses the **PDH** or **PDL** to catch a True Gap breakout?
Pine Script® Indikator
von DeLeBlanc
2
Multi Hourly ATP (Average Trade Price)"Multi-timeframe average trade price" analysis combines two concepts: using the Average Trade Price (ATP) as a benchmark and applying a multi-timeframe analysis (MTFA) trading strategy. The benefits stem from using the ATP for position management and MTFA for better-informed trading decisions. Benefits of Averaging the Trade Price Averaging the trade price (using methods like "averaging down" or "averaging up," or the Volume-Weighted Average Price - VWAP) helps investors manage their positions and costs. Better Cost Basis Assessment: The ATP provides a clear benchmark for your overall cost per share, including fees. This helps you understand your true breakeven point and accurately assess whether a position is currently profitable or at a loss. Risk Mitigation: In a falling market, buying more shares at a lower price (averaging down) reduces the average purchase price, which means the stock does not have to recover to its initial price for you to break even or make a profit. Profit Accumulation: In a rising market, buying more shares as the price increases (averaging up or pyramiding) allows you to accumulate more profits if the upward trend continues, increasing your overall position size in a winning trade. Emotional Discipline: By following a predefined averaging strategy, traders can reduce the impact of emotional decisions like panic selling or holding onto losing trades for too long. Managing Volatility: Averaging helps smooth out the impact of short-term price fluctuations on your overall portfolio performance, which is particularly useful in volatile markets.
Pine Script® Indikator
von akghuf19ag24
1
SMA vs Candle True CloudSMA vs Candle – Trend Cloud Indicator (Brief Note) This indicator compares price (candle source) with a long-period Hull Moving Average (SMA) to identify trend direction, momentum shifts, and regime changes. The SMA, being momentum-sensitive, reacts to changes in price speed, while price itself represents real-time market action. A dynamic two-way cloud is drawn between price and SMA: Green cloud when price is above SMA → bullish dominance and accumulation Red cloud when price is below SMA → bearish control and distribution The width of the cloud reflects the strength of momentum: Narrow cloud → compression / consolidation Expanding cloud → impulse move or trend acceleration This setup is especially effective on short timeframes with long SMA periods, where it filters noise while preserving early trend signals. Overall, the indicator acts as a visual trend-momentum framework, highlighting early warnings, trend confirmation, and exhaustion zones in a single view.
Pine Script® Indikator
von akghuf19ag24
1