NIFTY_2MIN_CVD_short_StrategySummary
This strategy is an intraday system designed for the Nifty index on a 2-minute timeframe, focusing exclusively on identifying high-probability short (sell) entries. It utilizes a combination of rapid price action and Cumulative Volume Delta (CVD) to detect "Buying Absorption" at local peaks.
Concept & Core Logic
The strategy is engineered to identify "Inverted V-shaped" reversals where aggressive buying pressure is exhausted and absorbed by large-scale limit orders from sellers.
Price Action Trigger: The strategy looks for a specific two-part sequence:
Sudden Bullish Movement: A rapid upward move that often traps late buyers or triggers short-covering.
Sudden Reversal: Immediately followed by a strong, high-momentum bearish (red) candle, signaling a swift rejection of the higher prices.
CVD Absorption Filter: To confirm the validity of the reversal, the strategy analyzes the Cumulative Volume Delta (CVD). It identifies instances where the relative movement of the CVD is significantly higher than the corresponding price movement. This specific divergence highlights "Buying Absorption"—a market condition where aggressive market buy orders are being filled by passive limit sell orders, preventing further price appreciation and creating a heavy ceiling for the reversal.
Risk Management
To maintain a disciplined approach, the strategy employs fixed exit parameters based on the underlying Nifty price:
Take Profit: 25 points.
Stop Loss: 30 points.
Intended Use
This tool is intended for traders who study mechanical, rule-based systems and order flow dynamics. It provides a structured framework for observing how volume delta divergence (CVD) and rapid price rejections interact at potential market turning points.
Disclaimer: This script is for educational and informational purposes only. It is not financial advice. All trading involves risk, and past performance is not indicative of future results. Please conduct your own research and backtesting before making any trading decisions.
Candlestick analysis
ORB FX REPLAY - FINAL SAFEHere is the description in English, written to sound professional and meet all the requirements for publishing on TradingView:
Script Description:
Title: ORB Strategy Backtest Pro - Ultra Compatibility
Description: This is an Opening Range Breakout (ORB) strategy specifically designed for professional backtesting. It is optimized to run smoothly on external platforms like FX Replay and TradingView's replay mode.
Key Features:
Custom Session: Automatically calculates the High and Low of a specific time window (default: 10:00 - 10:15 Bucharest/GMT+2).
Impulse Confirmation: Features a "Min Impulse" filter to ensure entries happen on strong momentum, avoiding "fake-outs" near the range boundaries.
Hard Target Management: Designed for "Set & Forget" backtesting. Once a trade is triggered, the script tracks it until it hits either the Stop Loss (SL) or the final Take Profit 3 (TP3).
Visual Projections: Draws clear, real-time lines for Entry, SL, and TP3 on the chart for easy visual tracking.
Automated Statistics: Includes a dynamic label system that tracks Total Trades, Win Count, and Loss Count based on the TP3/SL logic.
Optimized Code: Built using Pine Script v5 with a focus on stability and compatibility, avoiding complex tables that often cause errors on external engines.
Nifty_2MIN_Rangereversal_Short_StrategySummary
This strategy is an intraday trend-following system designed for the Nifty index on a 2-minute timeframe, focusing exclusively on short (sell) entries. It is engineered to identify failed bounces within established bearish trends.
Concept & Core Logic
The strategy uses a multi-layered approach to confirm downward momentum before triggering an entry:
Trend Confirmation: The script analyzes the slope and positioning of the 20-period and 200-period Exponential Moving Averages (EMA). Short signals are only valid when the EMA configuration confirms a prevailing bearish trend.
Retracement Zone Filtering: To optimize entry pricing, the strategy monitors the daily price range. It looks for the market to be within the 35% to 75% range of the day's movement, specifically identifying a temporary upward "relief rally" or bounce after a significant fall.
Candlestick Trigger: The execution occurs when a specific bearish reversal pattern appears during the relief rally:
Two consecutive bullish candles (representing the temporary bounce).
Followed by a strong, high-momentum bearish candle (signaling the resumption of the primary downtrend).
Risk Management
The strategy utilizes fixed exit parameters based on the underlying Nifty price points:
Take Profit: 28 points.
Stop Loss: 30 points.
Intended Use
This tool is intended for traders who study mechanical, rule-based systems. It demonstrates how moving average trends can be combined with range analysis and price action sequences to time entries during market retracements.
Disclaimer: This script is for educational and informational purposes only. It is not financial advice. All trading involves risk, and past performance is not indicative of future results. Please conduct your own research and backtesting before making any trading decisions.
Nifty_2MIN_ Rangereversal_Long _StrategySummary
This strategy is an intraday trend-following system designed for the Nifty index on a 2-minute timeframe. It focuses exclusively on long entries, seeking to identify high-probability recovery points within an established uptrend.
Concept & Core Logic
The strategy identifies entries based on a confluence of trend direction, price recovery levels, and specific candlestick patterns:
Trend Confirmation: The script utilizes the slope and positioning of the 20-period and 200-period Exponential Moving Averages (EMA). A long signal is only considered when the trend is determined to be positive, ensuring trades align with the broader market momentum.
Recovery Zone Filtering: To avoid buying at local peaks, the strategy filters for entries that occur when the market has retraced but is showing signs of recovery. Specifically, it looks for price to be within the 35% to 75% recovery range relative to the day's high.
Candlestick Trigger: The actual entry trigger is a "Bullish Reversal" sequence:
Two consecutive bearish candles (representing a minor pullback).
Followed immediately by a strong bullish candle (representing the resumption of strength).
Risk Management
The strategy uses fixed point-based exits to maintain a disciplined approach:
Take Profit: 30 points (underlying Nifty price).
Stop Loss: 35 points (underlying Nifty price).
Intended Use
This script is designed for traders interested in mechanical trend-following systems. It provides a structured way to observe how moving average slopes and specific price action sequences interact during intraday recoveries.
Disclaimer: This script is for educational and informational purposes only. It is not financial advice. All trading involves risk, and past performance is not indicative of future results. Please conduct your own research and backtesting before making any trading decisions.
NIFTY_2min_FVG_sell_StrategyThis strategy is designed for scalping Nifty on a 2-minute chart, focusing exclusively on short entries. The script's purpose is to identify and act on specific bearish patterns based on volume analysis and price action.
Concept & Core Logic
The strategy operates on a two-stage confirmation process:
Volume Absorption: The initial condition seeks to identify potential bearish movements by detecting signs of buying pressure being absorbed by sellers. This suggests that a upward move may be losing momentum.
Fair Value Gap (FVG) Confirmation: After a volume absorption signal, the strategy waits for a Bearish Fair Value Gap (FVG) to appear. A short entry signal is generated only after a candle closes below the FVG zone, serving as confirmation of bearish intent.
Risk Management
The strategy employs a fixed take profit and stop loss for each trade, based on the Nifty underlying price:
Take Profit: The exit signal is triggered when a trade reaches a 30-point profit.
Stop Loss: The exit signal is triggered when a trade reaches a 35-point loss.
Intended Use
This tool is intended for traders who:
Utilize mechanical, rule-based systems for intraday trading and scalping.
Are interested in studying a structured approach that combines volume analysis with price action inefficiencies like Fair Value Gaps.
Gold M5 Scalping (Strategy)This is the New Strategy for my new Indicator for M5 Scalping.
Just to test my result.
Will release my indicator soon
ATR Distance from 50 SMA By DanBobDanA simple indicator that measures the distance between current price and the 50 SMA
The average momentum swing trade might run 7 times the ATR before pulling back
Therefore, its recommended to not buy a stock that is beyond 4 times its ATR to the 50 SMA
This script will quickly and easily calculate the 50 SMA to ATR distance for you
Market State & Candlestick Patterns Made in ChinaIndicator Overview
The Market State & Candlestick Patterns Master (MSCP-Master) is a comprehensive, all-in-one technical analysis indicator that combines real-time market state identification with multiple candlestick pattern recognition. This powerful tool not only identifies classic price action patterns but also adapts their significance based on the current market volatility environment, providing context-aware trading signals for smarter decision-making.
Core Innovation: Adaptive Pattern Recognition
Traditional candlestick pattern indicators work in isolation, often giving false signals in the wrong market conditions. MSCP-Master revolutionizes this approach by:
First assessing market state (Low Volatility/Ranging/High Volatility) through a multi-dimensional scoring system
Then applying different confirmation criteria for each pattern based on the detected market state
Finally providing context-aware signals that are more reliable because they consider the broader market environment
Three-Layer Analysis System
Layer 1: Market State Identification (The Foundation)
Uses four key metrics to calculate a comprehensive market state score:
ATR Relative Volatility: Measures current volatility against historical norms
Bollinger Band Width: Identifies contraction/expansion periods
Amplitude Analysis: Evaluates recent price range activity
Momentum Strength: Assesses directional movement power
Based on the composite score, the market is classified into:
🔵 Low Volatility: Tight ranges, potential for breakout
🟡 Ranging: Normal oscillation within established bounds
🟢 High Volatility: Wide ranges, strong momentum moves
Layer 2: Pattern Recognition With Context Adaptation
Each pattern uses different confirmation logic based on market state:
High Volatility State: Uses SMA-based trend confirmation (Long/Short SMA comparison)
Low Volatility/Ranging States: Uses ATR-adjusted threshold confirmation (dynamic based on current vs. baseline volatility)
This adaptive approach means patterns are only considered valid when they make sense for the current market environment.
Layer 3: Comprehensive Pattern Library
The indicator identifies 10+ critical candlestick patterns:
Engulfing Patterns (Bullish/Bearish) with Harami confirmation requirement
Outside Bars (Bullish/Bearish) with customizable engulfing criteria
False Breakouts (Bullish/Bearish) with sophisticated tracking of "trap" moves
Hammer/Inverted Hammer with ATR-adjusted significance thresholds
Doji Variations (Standard, Dragonfly, Gravestone) with precise mathematical definitions
Three Soldiers Method (Enhanced) with dual absolute/relative strength measurements
Enhanced Three Soldiers Method - Beyond Traditional Interpretation
Unlike traditional "Three White Soldiers/Black Crows" patterns that rely on simple visual recognition, our enhanced version introduces:
Quantifiable Strength Metrics: Each candle must meet customizable thresholds for both absolute price movement (%) and relative efficiency (close-to-open vs. total range)
Two Signal Types: Preparation signals (amber) for early warnings and True signals (green/red) for confirmed breakouts
Breakout Confirmation: "True signals" only trigger when price breaks above/below recent signal cluster extremes
Full Customization: All parameters adjustable to match your trading style and market conditions
Key Features
🎯 Context-Aware Signals: Patterns are validated differently in high vs. low volatility markets
📊 Real-Time Market State: Clear color-coded background shows current market conditions
🔍 Multiple Confirmation Methods: Uses both SMA trend-following and ATR-adjusted threshold approaches
⚙️ Fully Customizable: Every parameter adjustable across all pattern types and market state calculations
📈 Comprehensive Visualization: Color-coded labels, reference lines, and information tables
Strategic Application
Preparation Signals: Use amber "single candle" or "three candle" signals to prepare for potential moves
True Signals: Green/red "True" signals indicate confirmed momentum - ideal for main entries
Market State Alignment: Trade with the market's character - aggressive in high volatility, cautious in low volatility
Pattern Convergence: Look for multiple patterns confirming the same direction for higher probability setups
Parameter Groups (Organized for Easy Customization)
Market State Identification: ATR, Bollinger Band, Amplitude, Momentum parameters
Pattern-Specific Settings: Engulfing, Outside Bars, False Breakouts, Hammer/Doji patterns
Three Soldiers Method: Absolute/Relative strength thresholds, lookback periods
Confirmation Logic: SMA lengths, ATR adjustment factors, sensitivity settings
SK BAND SK BAND is a powerful TradingView indicator designed to generate clear and reliable Buy & Sell signals by identifying market trend and price momentum. It helps traders make disciplined and confident trading decisions across different market conditions.
🔹 Key Features
✔ Clear BUY and SELL signals on the chart
✔ Works on Stocks, Indices, Forex, Crypto & Commodities
✔ Suitable for Intraday, Swing, and Positional trading
✔ Helps identify trend direction and momentum
✔ Simple, clean, and beginner-friendly
📈 How It Works
BUY signal appears when bullish momentum strengthens
SELL signal appears when bearish momentum increases
For better accuracy:
Use proper risk management
Confirm signals with support & resistance or higher timeframes
Avoid sideways or low-volume markets
⚠ Disclaimer
This indicator is for educational purposes only.
SK BAND does not provide financial advice. Trading involves risk—always confirm signals with your own analysis.
ABC Risk Management SystemOverview
This script is a comprehensive execution engine designed for high-frequency momentum trading (optimized for MES/ES Futures). It solves the problem of "grade inflation" in trading by strictly categorizing setups based on Multi-Timeframe (MTF) alignment and volatility.
How it Works
The script utilizes a 5-Minute Bias Engine to filter a 1-Minute Execution Chart. It relies on the relationship between the CCI (Commodity Channel Index) and its 20-period SMA using Typical Price (HLC3).
The Grading Hierarchy
Grade A+ (The Trend Follower): Triggered when the 5m Trend is strong (ADX > 25) and 1m momentum is perfectly aligned.
Grade B (The Momentum Burst): Triggered in "Lazy Markets" (5m ADX < 25). The script automatically raises the entry requirement to a 140 CCI burst to filter out noise.
Grade C (The Mean Reversion): Triggered when 1m internals (ADX/DI/CCI) are powerful enough to trade against the 5m Bias.
Key Indicators Included
T3 Pulse Lead: A specialized, color-coded trailing line used for dynamic stop-loss management.
Price-Locked Labels: Signals are pinned to the High/Low of the specific candle to provide exact price levels for entry.
🚀 Release Notes: Version 3.0 (The "ABC" Update)
New Features & Logic Fixes:
Strict Binary Bias: Removed all level-based filters for the HTF trend. The bias is now determined solely by the crossover of the 5m CCI and its SMA.
Bullish: 5m CCI > 5m SMA (regardless of positive/negative value).
Bearish: 5m CCI < 5m SMA.
Adaptive ADX Scaling: If 5m ADX falls below 25, the 1m CCI trigger is automatically moved from 100 to 140 to compensate for the lack of trend strength.
Visual Overhaul: Replaced generic shapes with Price-Locked Text Labels.
Longs: Labels appear below the candle (Green/Lime/Purple).
Shorts: Labels appear above the candle (Red/Maroon/Orange).
T3 Pulse Integration: Added the T3 Pulse Lead (8-period) directly into the overlay to facilitate the "T3 Trailing Stop" methodology.
Typical Price Standard: Standardized all calculations to HLC3 to align with professional S&P 500 momentum standards.
How to Setup the Chart:
Apply script to a 1-Minute Chart.
Ensure your 5-minute CCI settings in your separate indicator match (20 SMA, HLC3 Source).
Follow the A/B/C Risk Management Protocol (0.5% / 0.25% / 0.10% risk)
ML Adaptive SuperTrend Strategy [trade_crush]# ML Adaptive SuperTrend Strategy - User Guide
## Introduction
The **ML Adaptive SuperTrend Strategy** is a sophisticated trading tool that combines traditional trend-following logic with **Machine Learning (K-Means Clustering)** to dynamically adapt to market volatility. Unlike standard SuperTrend indicators that use a fixed ATR, this strategy analyzes historical volatility to categorize the current market into distinct clusters, providing more precise entries and exits.
>
> **Special Thanks:** This strategy is based on the innovative work of **AlgoAlpha**. You can explore their extensive library of high-quality indicators and strategies on TradingView: (www.tradingview.com).
---
## Machine Learning Engine (K-Means)
The core of this strategy is its ability to "learn" from recent market behavior.
- **K-Means Clustering**: The script takes the last $N$ bars of ATR data and runs an iterative clustering algorithm to find three "centroids" representing **High**, **Medium**, and **Low** volatility.
- **Adaptive ATR**: Based on the current volatility, the strategy selects the nearest centroid to use as the ATR value for the SuperTrend calculation. This ensures the trailing stop tightens during low volatility and widens during high volatility to avoid "noise".
---
## Key Features
### 1. Non-Repainting Signals
- **Confirm Signals**: When enabled, signals are only triggered after a bar closes. This ensures that the arrows and entries you see on the chart are permanent and reliable for backtesting.
### 2. Intelligent Risk Management
- **Multiple SL/TP Types**: Choose between **Percentage** based stops or **ATR** based stops for both Stop Loss and Take Profit.
- **Trailing Stop Loss (TSL)**:
- Supports both Percentage and ATR modes.
- **Activation Offset**: Only activates the trailing mechanism after the price has moved a certain percentage in your favor, protecting early-stage trades.
### 3. Risk-Based Position Sizing
- **Dynamic Quantity**: If enabled, the strategy automatically calculates the trade size based on your **Risk % Per Trade** and the distance to your **Stop Loss**. This ensures you never lose more than your defined risk on a single trade.
---
## User Input Guide
### SuperTrend & ML Settings
- **ATR Length**: The window used to calculate market volatility.
- **SuperTrend Factor**: The multiplier that determines the distance of the trailing stop from the price.
- **Use ML Adaptive ATR**: Toggle between the ML-enhanced logic and standard ATR.
- **Training Data Length**: How many historical bars the ML engine analyzes to find clusters.
### Risk Management
- **Stop Loss Type**: Set to Percentage, ATR, or None.
- **TS Activation Offset**: The profit buffer required before the trailing stop starts following the price.
- **Use Risk-Based Sizing**: Toggle this to let the script manage your position size automatically.
---
## How to Trade with This Strategy
1. **Monitor the Dashboard**: Check the top-right table to see which volatility cluster the market is currently in.
2. **Observe the Fills**: The adaptive fills (green/red) visualize the "breathing room" the strategy is giving the price.
3. **Execution**: The strategy enters on "ML Bullish" (Triangle Up) and "ML Bearish" (Triangle Down) signals.
4. **Exits**: The script will automatically exit based on your SL, TP, or Trailing Stop settings.
---
## Credits
Original Concept: **AlgoAlpha**
Strategy Conversion & Enhancements: **Antigravity AI**
S_Sigma HTF Candles (UTC Draw / NY Labels)🕯️ S_Sigma HTF Candles (UTC Draw / NY Labels)
Multi-Timeframe Overlay with Session Labels & Imbalances
S_Sigma HTF Candles is a powerful, non-repainting overlay indicator that allows you to visualize up to 6 different Higher Timeframes (HTF) directly on your current chart.
Designed specifically for traders who need context without switching tabs, this tool draws accurate HTF candles using UTC time (standard for Crypto) while labeling them with New York Timezone data (standard for Stocks/Forex). It also detects Fair Value Gaps (FVG) and Volume Imbalances automatically.
🌟 Key Features
📊 6 Independent HTF Slots
Configure up to 6 different timeframes simultaneously (e.g., 15m, 1H, 4H, 1D, 1W). Each slot is customizable and can be toggled on/off independently.
🌍 UTC Drawing + NY Labels (The "Sigma" Edge)
Drawing: Candles are calculated strictly using UTC time to ensure wicks and bodies match exchange data (perfect for BTC/ETH).
Labels: Day of the Week (Mon/Tue/Wed) and Time labels are converted to America/New_York time. Never get confused by candle closes again.
#HTF Countdown Timer**
See exactly how much time is left until the Higher Timeframe candle closes. Essential for timing entries at the "Candle Close."
📈 Smart Imbalance Detection
FVG (Fair Value Gaps): Automatically highlights 3-candle reversal gaps.
VI (Volume Imbalance): Highlights wicks that pierce previous bodies.
🏗️ Custom Session Starts
Don't like the standard Daily candle? Force the Daily candle to open at 08:30 NY or 09:30 NY (Market Open) instead of Midnight UTC.
⚙️ Customization Options
Visuals: Full control over Bull/Bear colors, borders, wicks, and opacity.
Layout: Adjust padding, width, and spacing between timeframes to prevent overlap.
Trace Lines: Optional lines tracing the Open, High, Low, and Close of the forming HTF candle.
Labels: Toggle HTF names, Timers, and Day-of-Week labels on/off.
💡 How to Use
Add to Chart: The indicator draws candles to the right of the current price (offset) to keep your chart clean.
Check Alignment: Ensure the "Daily Name" matches your expected market session (NY Time).
Spot Entries: Look for price entering an FVG (Gray box) or hitting a HTF Support/Resistance level (Wick of the HTF candle).
Time Entries: Wait for the Timer to hit 00:00 for a confirmed candle close.
Perfect for: Smart Money Concepts (SMC), ICT, Wyckoff, and Multi-Timeframe Analysis.
QuantCrawler 5m ORB Pro - Opening Range with Confluence FiltersThis indicator captures the 5-minute Opening Range and generates entry signals using a breakout-then-retest methodology. It includes optional confluence filters to refine entries and reduce false signals.
HOW IT WORKS
1. Captures the 5-minute Opening Range (high, low, midpoint) at your selected session open
2. Waits for price to break beyond OR high or low by your defined distance
3. After breakout, monitors for price to retest the OR midpoint
4. Signals LONG after bullish breakout + midpoint retest
5. Signals SHORT after bearish breakout + midpoint retest
6. Marks invalidated signals with (X) if price breaks through the opposite side
PRE-CONFIGURED SESSIONS
- NYSE - 9:30-9:35 ET
- CME - 8:30-8:35 CT
- London - 3:00-3:05 ET
- Asia - 7:00-7:05 PM ET
- Custom - Define your own session times and timezone
BREAKOUT DISTANCE OPTIONS
Choose between fixed points or percentage-based breakout threshold. Percentage mode automatically scales to the instrument price.
CONFLUENCE FILTERS
Optional filters to add confirmation before signals fire:
- VWAP - Long requires price above VWAP, short requires below
- EMA Slope - Confirms trend direction using 20-period EMA
- Volume - Requires relative volume above 1.5x average
- FVG - Requires a Fair Value Gap supporting trade direction
- ATR - Filters Opening Ranges that are abnormally small or large relative to ATR
When filters block a valid setup, the indicator displays a BLOCKED label so you can see what you missed and why.
STATUS BOX
Real-time display showing:
- Current trade state (Building OR, Watching, Awaiting Retest, Long/Short Active)
- OR High, Low, and Midpoint levels
- Active filters and block reasons
ALERTS
Built-in alerts for Long Entry, Short Entry, or Any Entry.
QuantCrawler ORB Break & Retest 15m - Opening Range StrategyThis indicator automates the 15-minute Opening Range Breakout and Retest strategy. It captures the high, low, and midpoint of the first 15-minute candle, then monitors for confirmed breakouts followed by midpoint retests to generate entry signals.
HOW IT WORKS
1. Captures the high, low, and midpoint of the first 15-minute candle (default 8:00-8:15 premarket)
2. Waits for price to close beyond the OR high or low by your specified breakout distance
3. After breakout confirmation, monitors for price to pull back and touch the midpoint
4. Signals LONG after bullish breakout + midpoint retest
5. Signals SHORT after bearish breakout + midpoint retest
6. Resets after each signal allowing multiple setups per session
WHY 15-MINUTE ORB
The 15-minute Opening Range captures more price action than a 5-minute OR, often providing stronger support/resistance levels. The 8:00 AM default captures premarket activity before the 9:30 open, giving you levels established before the crowd arrives.
WHY BREAKOUT + RETEST
Entering on the initial breakout often results in chop and false signals. This indicator requires confirmation - price must first prove direction by closing beyond the breakout distance, then offer a pullback entry at the midpoint. This filters out many failed breakouts.
SETTINGS
- Breakout Distance - Points beyond OR zone required to confirm breakout
- Timezone - Select your market timezone
- Opening Range Time - Customizable (default 8:00-8:15)
- Session End Time - When to stop monitoring (default 4:00 PM)
VISUAL OUTPUT
- Green line - OR High
- Red line - OR Low
- Orange dotted line - OR Midpoint
- Status box displays current state (Watching, Active, Closed)
ALERTS
Built-in alerts for Long Entry, Short Entry, or Any Entry.
Works on any timeframe chart. The indicator pulls 15-minute data automatically using request.security().
Opening Power Bar Strategy (Trade Your Edge)💎 GENERAL OVERVIEW:
The Opening Power Bar Strategy indicator identifies high-momentum “Power Bars” during the first 60 minutes of the New York session and generates Long/Short signals using levels from the pre-market session. The indicator plots Stop-Loss and three Take-Profit levels, manages dynamic trailing stop-loss logic (optional), displays pre-market levels, and supports alerts.
This indicator was developed by Flux Charts in collaboration with Steven Adams (Trade Your Edge).
🔹What is the purpose of the Opening Power Bar Strategy?:
The purpose of the Opening Power Bar Strategy is to trade the most active and meaningful part of the trading day, the opening move. It’s designed to take advantage of the volume and volatility that happens right after the market opens, when traders react to overnight news and pre-market movement. The indicator helps identify when that early move has real strength by looking for a large, decisive candle (a Power Bar) forming around key pre-market levels. Once it detects one, it builds a full trade plan automatically with entry, stop-loss, and take-profits.
🔹Why are signals only during the first 60 minutes?:
Most of the day’s total trading volume happens within the first 60 minutes after the market opens. This period usually sets the high or low of the day and defines the bias: whether the market will trend or stay in a range. After this first hour, volume and volatility typically decrease, and price movement becomes less consistent.
🔹What’s the theory behind the Opening Power Bar Strategy?:
The Opening Power Bar Strategy is built on a simple principle: the first hour after the market open sets the tone for the rest of the day. This period consistently shows the highest trading volume, as traders react to overnight news, economic data releases, pre-market movements, etc.
These early reactions often establish the day’s high/low, revealing where buyers or sellers are strongest. When a large, decisive candle (a Power Bar) forms during this time near the pre-market high or low, it confirms that one side is taking control. The pre-market high and low define the range that institutions and short-term traders had already reacted to before the market open. Thus, when a Power Bar forms near one of these levels during the first hour, it often marks the start of a breakout or rejection that shapes the rest of the session.
🎯 OPENING POWER BAR STRATEGY FEATURES:
The Opening Power Bar Strategy indicator includes 5 main features:
Power Bars
Pre-Market High / Low / Mid Levels
Long / Short Signals + Risk Management
Simple Moving Average (SMA)
Alerts
1️⃣ Power Bars:
🔹What are Power Bars?:
Power Bars are large, high-momentum candles that show strength in one direction of the market. They form when a candle’s body (the distance between open and close) dominates most of the candle’s total range (the distance between high and low), meaning price moved strongly in one direction with little to no pullback. To qualify, the candle must also be large relative to nearby candles. This size difference confirms that the candle is a true burst of momentum. In short, Power Bars reveal where real strength has just entered the market and where momentum is most likely to continue.
🔹How to interpret and use Power Bars:
When a Power Bar forms, it signals that price just made a strong directional move with little to no pullback. Traders can use these bars to identify momentum shifts and potential trade setups during the opening session.
A bullish Power Bar means buyers controlled the entire candle, often marking the start of upward momentum. A bearish Power Bar means sellers were in control the entire candle, often signaling the start of downwards momentum. In the Opening Power Bar Strategy, these candles are only used for signals when they appear within the pre-market high and low range. Their location relative to the pre-market midline determines direction bias:
Bullish Power Bars forming near the pre-market low can signal potential long opportunities.
Bearish Power Bars forming near the pre-market high can signal potential short opportunities.
🔹How are Power Bars identified?:
Power Bars are detected and confirmed only after the candle closes, ensuring that the full candlestick body and range can be measured. The indicator does not repaint or change past bars. Once a Power Bar is confirmed, it stays fixed on the chart. Power Bars can be detected on any timeframe or symbol that produces standard candlestick data. However, since the Opening Power Bar Strategy focuses on the first 60 minutes of the trading session, they’re most meaningful on lower intraday timeframes such as 1-minute to 5-minute charts.
The indicator identifies Power Bars using two user-defined inputs: Sensitivity and Body %.
🔹Sensitivity:
The Sensitivity setting determines how large a candle’s body must be relative to nearby candles. It uses the Average True Range (ATR) to compare the current candle’s size with recent candles, and the Sensitivity value acts as a multiplier of that ATR. A higher Sensitivity value means the candle must be much larger than recent candles to qualify, so fewer Power Bars will form. A lower value makes the filter less strict, allowing more candles to qualify.
🔹Body %:
The Body % setting controls what percentage of the candle’s total range must be body rather than Wick. A higher value requires the body to take up more of the candle’s total range, so fewer candles pass the filter. A lower value allows candles with more wick to qualify, so more Power Bars will form.
Body % Example:
If Body % is set to 50, the candle body must cover at least half of the candle’s total range. For example, if a candle’s high is $11, its low is $10, its open is $10.20, and its close is $10.80, then the total range is $1 ($11 - $10) and the body is $0.60 ($10.80 - $10.20). Body % = (Body / Total Range) * 100 = (0.60 ÷ 1.00 × 100) = 60%. Since 60% is greater than the input of 50%, this candle passes the Body % criteria.
Once a candlestick closes and it meets both the Sensitivity and Body % requirements, it will be plotted in a different color, using barcolor() function. Users can adjust the bullish/bearish colors of Power Bars by adjusting the ‘Candle Coloring’ setting. The Power Bar candle coloring is purely visual and does not affect signal logic or strategy calculations.
🔹Do Power Bars form outside the first 60 minutes?:
Power Bars can technically form at any time of day, but the Opening Power Bar Strategy only uses those formed between 9:30 AM and 10:30 AM ET for trade signals.
2️⃣ Pre-Market Levels
The indicator tracks pre-market price action from 4:10 AM EST until 9:29 AM EST to determine the session’s High and Low. When pre-market ends, both levels are drawn and continuously projected to the right throughout the regular session. A midline is calculated as the midpoint between those levels and is used to determine bullish or bearish bias at the open. This midline is calculated in the indicator’s background and not visually plotted.
Long signals require price to be positioned below the midline before breaking upward, and Short signals require price to be positioned above the midline before breaking downward.
Users can enable retest labels, which appear if price touches the pre-market low, and closes above it, or if price touches the pre-market high, and closes below it. Users can also enable/disable the pre-market levels. If disabled, the pre-market high and pre-market low levels will not be displayed.
3️⃣Long/Short Signals:
Long and Short signals only trigger during the first hour of the New York trading session, between 9:30 AM and 10:30 AM EST. These signals form between the Pre-Market Low (PML) and Pre-Market High (PMH).
▫️ A Long entry requires:
1) A bullish power bar forms
1.a) The candle’s low is < the 50% area or Midpoint of the PML/PMH range
1.b) The candle closes above the PML, but below the PMH
2) If this candle occurs between 09:30 AM and 10:30 AM, a long signal will appear.
▫️ A Short Entry requires:
1) A bearish power bar forms
1a) The candle’s high is > the 50% area or Midpoint of the PML/PMH range
1b) The candle closes below the PMH, but above the PML
2) If this candle occurs between 09:30 AM and 10:30 AM, a short signal will appear.
Only one trade can be active at a time. Users can enable or disable Long Signals and Short Signals independently. Entry markers appear directly on the chart at confirmation.
When a signal is plotted on the Power Bar’s candle close, the indicator automatically builds a rule-based trade structure and plots the following information:
Stop-Loss (SL)
Take-Profit 1 (TP 1)
Take-Profit 2 (TP 2)
Take-Profit 3 (TP 3)
For Long signals, the SL is placed at the low of the bullish Power Bar and TP 1 is placed at the PMH. The distances for TP 2 and TP 3 are then measured using the move from the entry price to TP 1. That same distance is added once above TP 1 to set TP 2, and added again above TP 2 to set TP 3.
For Short signals, the SL is placed at the high of the bearish Power Bar, and TP 1 is placed at the PML. The distances for TP 2 and TP 3 are then measured using the absolute value of the move from the entry price to TP 1. That same distance is subtracted once below TP 1 to set TP 2, and subtracted again below TP 2 to set TP 3.
🔹Trailing Stop-Loss Feature:
When the Trailing Stop-Loss setting is enabled, the Stop-Loss (SL) automatically adjusts as price reaches take-profit levels. This feature helps secure profits while keeping the trade logic completely rule-based and non-discretionary.
Here’s exactly how it works step-by-step:
▫️ Initial Stop-Loss placement:
For a Long trade, the initial SL is set at the low of the Power Bar that triggered the entry.
For a Short trade, the initial SL is set at the high of the Power Bar that triggered the entry.
This level stays fixed until one of the Take-Profit targets is reached.
▫️ After TP 1 is hit:
The SL automatically moves to the entry price (breakeven).
This eliminates all downside risk on the trade.
▫️ After TP2 is hit:
The SL automatically moves to TP 1
This locks in a partial profit while allowing the trade to continue toward TP 3.
▫️ Final exit condition:
The trade is considered complete once either the trailing Stop-Loss or TP 3 is reached.
4️⃣Simple Moving Average (SMA)
In addition to the core trade logic, the indicator includes an optional Simple Moving Average (SMA) that provides extra confirmation and context for interpreting Power Bar signals. The SMA is not related to any of the signal generation logic. It does not influence when or where Power Bars or trade signals appear. Instead, it serves as a contextual confirmation tool and should be used as an additional way to interpret the strength and quality of a setup once a signal is triggered.
There are a few ways the SMA can be used for extra context with the Opening Power Bar Strategy:
▫️ #1 Directional Confirmation:
The SMA is mainly used as a confirmation tool for countertrend Power Bar setups. It helps traders identify when a strong reversal may be developing against the prior trend.
When the SMA is sloping downward but a bullish Power Bar closes above it, that can signal a potential shift from bearish to bullish momentum.
When the SMA is sloping upward but a bearish Power Bar closes below it, that can indicate a possible transition from bullish to bearish conditions.
▫️ #2 Timing Entries
When a large Power Bar prints a signal far away from the SMA, it often indicates that price has moved quickly and temporarily extended away from its average level. In these cases, the SMA can be used as a pullback area where price may retrace before resuming its move. Waiting for this pullback can often lead to a better risk-to-reward trade setup.
For example, in the chart below, a strong bullish Power Bar formed and triggered a Long signal while closing well above the SMA. Entering immediately after the signal would have produced a 0.22 risk-to-reward to TP 1. However, waiting for price to retrace back toward the SMA before entering would have resulted in a much stronger 2.46 risk-to-reward ratio.
The SMA provides a simple way to identify areas for safer pullback entries when a Power Bar signal forms too far from its average level. This helps traders maintain consistency with their risk-to-reward targets and align entries with their trading plan.
▫️ #3 Risk/Trade Management:
During active trades, the SMA can also be used to gauge the healthiness of a trend.
If price continues to respect the SMA after entry, it supports holding the position toward later Take-Profit levels. Additionally, the SMA can highlight areas where traders may consider adding to existing positions if price respects it.
If price closes strongly back through the SMA in the opposite direction, traders may use that as an early exit or a signal that momentum has shifted.
▫️ Optional and Visual Only:
The SMA is an optional visual overlay that can be turned on or off in the indicator’s settings. It is purely there for traders who want an added layer of confirmation and structure when evaluating setups from the Opening Power Bar Strategy.
Users can customize the length of the SMA and the color within the settings.
📢 Alerts:
The indicator supports alerts, so you never miss a key market move. You can choose to receive alerts for each of the following conditions:
Long Signal
Short Signal
TP 1 (Take-Profit 1)
TP 2 (Take-Profit 2)
TP 3 (Take-Profit 3)
SL (Stop-Loss)
Pre-Market Low Retest
Pre-Market High Retest
🚩UNIQUENESS:
This indicator automates a structured opening-range strategy that traders typically manage manually each morning. It identifies valid Power Bars only when they occur inside the pre-market high/low range, confirms direction using pre-market midline context, and automatically builds risk targets using the pre-market range itself. Once a valid trigger occurs during the defined trade window, the indicator immediately generates a complete trade idea (entry/SL/TP 1-3) with built-in trailing logic and alerts.
Blaster FX ICTBlaster FX ICT
A professional ICT (Inner Circle Trader) based indicator designed to highlight institutional timing, key trading sessions, and the first Fair Value Gap during the New York session.
Features:
Kill Zones (New York Time):
Asia Kill Zone (20:00 – 00:00)
London Kill Zone (02:00 – 05:00)
New York Kill Zone (08:30 – 11:00)
Zones reset daily based on the ICT trading day (6:00 PM NY)
Key Levels:
Previous Day High (PDH)
Previous Day Low (PDL)
Important Opens:
8:30 AM New York Open
00:00 Midnight Open
Fair Value Gap (FVG):
Plots only the first FVG formed during the New York session after 9:30
Clear distinction between bullish and bearish FVGs
Purpose:
Improve entry timing during the New York session
Focus on the first institutional opportunity of the day
Reduce chart clutter and enhance price clarity
Disclaimer:
This indicator is for educational and analytical purposes only and does not constitute financial advice.
