Auf geht's

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MMXM ICT [TradingFinder] Market Maker Model PO3 CHoCH/CSID + FVGMMXM ICT Market Maker Model PO3 CHoCH/CSID + FVG This comprehensive indicator is designed for traders leveraging ICT (Inner Circle Trader) concepts, particularly the Market Maker Model, to identify high-probability trade setups based on institutional price delivery behavior. It combines multiple structural elements, fair value inefficiencies, and entry signals to assist with PO3 (Power of 3), CHoCH, and Market Structure analysis. 🔹 Key Features: CHoCH / BOS Detection: Automatically identifies Change of Character (CHoCH) and Break of Structure (BOS) using swing highs and lows. Useful for recognizing early trend reversals or continuations. Fair Value Gaps (FVG): Highlights imbalances between buyers and sellers by detecting unfilled price gaps, signaling potential areas of price drawdown or support/resistance. Market Structure (HH/LL): Plots Higher Highs and Lower Lows to visually assist with trend analysis and structural shifts. Buy & Sell Signals: Entry signals are generated when CHoCH aligns with the prevailing trend direction, helping to confirm high-probability trade entries. ⚙️ Customizable Inputs: FVG Lookback and Size Thresholds CHoCH Swing Sensitivity Market Structure Swing Detection Toggle Display Options for All Visual Elements 🎯 Use Case: Ideal for day traders and swing traders seeking to trade with the "smart money." When FVG zones align with CHoCH and confirmed trend direction, this tool helps uncover potential sniper entries and exits.
Pine Script® Indikator
von George_tweeboom
Zonas Prohibidas Topstep (NQ) - Auto🛡️ Topstep Restricted Zones (Auto Previous Close) — by Dragonthegood This script is built for traders using Topstep or other prop firm accounts that enforce risk rules near daily price limits (such as on futures like NQ, the E-mini Nasdaq-100). 🧠 What does this indicator do? 🔹 Automatically fetches the previous day's closing price 🔹 Based on that close, it calculates: The 7% daily price limit (up and down) The 2% restricted zone near those limits, where Topstep does not allow trading 🔹 Visually draws two red horizontal zones (upper and lower) on the chart, indicating where you should not open or hold positions 🔹 Optionally displays the previous close as a label on the chart for reference 🔒 Why is it useful? Helps you avoid violations of Topstep's high-risk zone rules Prevents you from getting stuck in a trade if the market hits limit up or limit down Works in real-time, without needing to manually input the previous close 🛠️ How to use it: Apply the script to your chart (works on any timeframe) The danger zones will auto-draw based on yesterday’s close If price is inside the red zone — don’t trade (per Topstep rules) No daily configuration required 📌 Perfect for: Futures traders in funded accounts (Topstep, Apex, etc.) Scalpers and day traders using NQ, ES, RTY, etc. Anyone managing risk during high-volatility conditions
Pine Script® Indikator
von dragonthegood
Nifty 0.6% Options Strategy [15min]Key Changes Made: Threshold Adjustment: Changed from 0.4% to 0.6% in two places (input and plot labels) Updated alert messages accordingly Visual Improvements: Clear "+0.6%" and "-0.6%" labels on the reference lines Maintained all visual markers (circles for thresholds, labels for signals) Added Alert Conditions: Ready-to-use alerts for mobile/email notifications Separate alerts for CALL and PUT signals Strategy Logic Remains: Same entry/exit mechanics (4-bar hold period) Same non-repainting signal calculation Same money management parameters This version gives you slightly fewer but higher-probability signals compared to the 0.4% version, while maintaining all the robust features of the original strategy. The wider threshold helps filter out market noise during choppy periods.
Pine Script® Strategie
von vineetservices
Candle ThermalsThis indicator color candles based on their percentage price change, relative to the average, maximum, and minimum changes over the last 100 candles. -It calculates the percentage change of all candles -Calculates the minimum, maximum and average in the last 100 bars in percentage change -Changes color of the candle based on the range between the current percent and min/max value -The brightest candle provides the highest compound effect to you account if you act on it at the open. -Candles that have a percentage close to the average then they are barely visible = lowest compound effect to your account This indicator functions like a "heatmap" for candles, highlighting the relative volatility of price movements in both directions. Strong bullish candles are brighter green, and strong bearish candles are brighter red. It's particularly useful for traders wanting quick visual feedback on price volatility and strength trends within the last 100 bars.
Pine Script® Indikator
von avolgenin
1
Gold Scalping Basic+This script is the "Basic+ Gold Scalping Strategy," specifically designed for scalping XAUUSD on the 5-minute chart. It combines smart indicator filters with price action logic to help traders identify high-probability entries and exits. The strategy is based on market structure, trend bias, and momentum confirmation, making it ideal for short-term traders who want clarity in fast-moving gold markets. Key Features: Trend-based entry signals using price action Indicator filters to avoid false setups Works best in volatile conditions Optimized for 5M timeframe Includes visual signals for buy/sell zones
Pine Script® Indikator
von malilalit21
Bitcoin MVRV Z-Score Indicator### **What This Script Does (In Plain English)** Imagine Bitcoin has a "fair price" based on what people *actually paid* for it (called the **Realized Value**). This script tells you if Bitcoin is currently **overpriced** or **underpriced** compared to that fair price, using math. --- ### **How It Works (Like a Car Dashboard)** 1. **The Speedometer (Z-Score Line)** - The blue line (**Z-Score**) acts like a speedometer for Bitcoin’s price: - **Above Red Line** → Bitcoin is "speeding" (overpriced). - **Below Green Line** → Bitcoin is "parked" (underpriced). 2. **The Warning Lights (Colors)** - **Red Background**: "Slow down!" – Bitcoin might be too expensive. - **Green Background**: "Time to fuel up!" – Bitcoin might be a bargain. 3. **The Alarms (Alerts)** - Your phone buzzes when: - Green light turns on → "Buy opportunity!" - Red light turns on → "Be careful – might be time to sell!" --- ### **Real-Life Example** - **2021 Bitcoin Crash**: - The red light turned on when Bitcoin hit $60,000+ (Z-Score >7). - A few months later, Bitcoin crashed to $30,000. - **2023 Rally**: - The green light turned on when Bitcoin was around $20,000 (Z-Score <0.1). - Bitcoin later rallied to $35,000. --- ### **How to Use It (3 Simple Steps)** 1. **Look at the Blue Line**: - If it’s **rising toward the red zone**, Bitcoin is getting expensive. - If it’s **falling toward the green zone**, Bitcoin is getting cheap. 2. **Check the Colors**: - Trade carefully when the background is **red**. - Look for buying chances when it’s **green**. 3. **Set Alerts**: - Get notified when Bitcoin enters "cheap" or "expensive" zones. --- ### **Important Notes** - **Not Magic**: This tool helps spot trends but isn’t perfect. Always combine it with other indicators. - **Best for Bitcoin**: Works great for Bitcoin, not as well for altcoins. - **Long-Term Focus**: Signals work best over months/years, not hours. --- Think of it as a **thermometer for Bitcoin’s price fever** – it tells you when the market is "hot" or "cold." 🔥❄️
Pine Script® Indikator
von Hari_shubham
Fibonacci & Bollinger Bands StrategyTrading System: Fibonacci & Bollinger Bands Strategy 1. Session Timing Trade only from 1 PM onwards. Identify the first candle on the 1 PM vertical line to set the market direction. If it's a bullish candle, look for buy opportunities. If it's a bearish candle, look for sell opportunities. 2. Fibonacci Retracement as a Measuring Tool Identify the recent swing high and swing low before the 1 PM session. Draw Fibonacci retracement levels from low to high (for buys) or high to low (for sells). Key retracement levels to watch: 0.0%, 50.0%, and 100.0%. Entries can be placed at 0.0% or 50.0%, aiming for a move toward 100.0% retracement. 3. Bollinger Bands Confirmation If the Bollinger Bands are above price, expect a downward move (sell). If the Bollinger Bands are below price, expect an upward move (buy). Use this as additional confirmation for your Fibonacci-based trade. 4. Entry & Exit Rules Entry: If the 1 PM candle confirms a bullish bias, enter long near Fibonacci 0.0% or 50.0%. If the 1 PM candle confirms a bearish bias, enter short near Fibonacci 0.0% or 50.0%. Stop Loss: Below (for buys) or above (for sells) the swing low/high used for Fibonacci. Take Profit: Target 100.0% retracement level or next key resistance/support. 5. Risk Management Risk 1-2% per trade. Avoid trading if price is too far from Fibonacci levels. Confirm setup with Bollinger Bands alignment.
Pine Script® Indikator
von tomsonsbu
DTFX Algo Zones [SamuraiJack Mod]CME_MINI:NQ1! Credits This indicator is a modified version of an open-source tool originally developed by Lux Algo. I literally modded their indicator to create the DTFX Algo Zones version, incorporating additional features and refinements. Special thanks to Lux Algo for their original work and for providing the open-source code that made this development possible. Introduction DTFX Algo Zones is a technical analysis indicator designed to automatically identify key supply and demand zones on your chart using market structure and Fibonacci retracements. It helps traders spot high-probability reversal areas and important support/resistance levels at a glance. By detecting shifts in market structure (such as Break of Structure and Change of Character) and highlighting bullish or bearish zones dynamically, this tool provides an intuitive framework for planning trades. The goal is to save traders time and improve decision-making by focusing attention on the most critical price zones where market bias may confirm or reverse. Logic & Features • Market Structure Shift Detection (BOS & CHoCH): The indicator continuously monitors price swings and marks significant structure shifts. A Break of Structure (BOS) occurs when price breaks above a previous swing high or below a swing low, indicating a continuation of the current trend. A Change of Character (ChoCH) is detected when price breaks in the opposite direction of the prior trend, often signaling an early trend reversal. These moments are visually marked on the chart, serving as anchor points for new zones. By identifying BOS and ChoCH in real-time, the DTFX Algo Zones indicator ensures you’re aware of key trend changes as they happen. • Auto-Drawn Fibonacci Supply/Demand Zones: Upon a valid structure shift, the indicator plots a Fibonacci-based zone between the breakout point and the preceding swing high/low (the source of the move). This creates a shaded area or band of Fibonacci retracement levels (for example 38.2%, 50%, 61.8%, etc.) representing a potential support zone in an uptrend or resistance zone in a downtrend. These supply/demand zones are derived from the natural retracement of the breakout move, highlighting where price is likely to pull back. Each zone is essentially an auto-generated Fibonacci retracement region tied to a market structure event, which traders can use to anticipate where the next pullback or bounce might occur. • Dynamic Bullish and Bearish Zones: The DTFX Algo Zones indicator distinguishes bullish vs. bearish zones and updates them dynamically as new price action unfolds. Bullish zones (formed after bullish BOS/ChoCH) are typically highlighted in one color (e.g. green or blue) to indicate areas of demand/support where price may bounce upward. Bearish zones (formed after bearish BOS/ChoCH) are shown in another color (e.g. red/orange) to mark supply/resistance where price may stall or reverse downward. This color-coding and real-time updating allow traders to instantly recognize the market bias: for instance, a series of bullish zones implies an uptrend with multiple support levels on pullbacks, while consecutive bearish zones indicate a downtrend with resistance overhead. As old zones get invalidated or new ones appear, the chart remains current with the latest key levels, eliminating clutter from outdated levels. • Flexible Customization: The indicator comes with several options to tailor the zones to your trading style. You can filter which zones to display – for example, show only the most recent N zones or limit to only bullish or only bearish zones – helping declutter the chart and focus on recent, relevant levels. There are settings to control zone extension (how far into the future the zones are drawn) and to automatically invalidate zones once they’re no longer relevant (for instance, if price fully breaks through a zone or a new structure shift occurs that supersedes it). Additionally, the Fibonacci retracement levels within each zone are customizable: you can choose which retracement percentages to plot, adjust their colors or line styles, and decide whether to fill the zone area for visibility. This flexibility ensures the DTFX Algo Zones can be tuned for different markets and strategies, whether you want a clean minimalist look or detailed zones with multiple internal levels. Best Use Cases DTFX Algo Zones is a versatile indicator that can enhance various trading strategies. Some of its best use cases include: • Identifying High-Probability Reversal Zones: Each zone marks an area where price has a higher likelihood of stalling or reversing because it reflects a significant prior swing and Fibonacci retracement. Traders can watch these zones for entry opportunities when the market approaches them, as they often coincide with order block or strong supply/demand areas. This is especially useful for catching trend reversals or pullbacks at points where risk is lower and potential reward is higher. • Spotting Key Support and Resistance: The automatically drawn zones act as dynamic support (below price) and resistance (above price) levels. Instead of manually drawing Fibonacci retracements or support/resistance lines, you get an instant map of the key levels derived from recent price action. This helps in quickly identifying where the next bounce (support) or rejection (resistance) might occur. Swing traders and intraday traders alike can use these zones to set alerts or anticipate reaction areas as the market moves. • Trend-Following Entries: In a trending market, the indicator’s zones provide ideal areas to join the trend on pullbacks. For example, in an uptrend, when a new bullish zone is drawn after a BOS, it indicates a fresh demand zone – buying near the lower end of that zone on a pullback can offer a low-risk entry to ride the next leg up. Similarly, in a downtrend, selling rallies into the highlighted supply zones can position you in the direction of the prevailing trend. The zones effectively serve as a roadmap of the trend’s structure, allowing trend traders to buy dips and sell rallies with greater confidence. • Mean-Reversion and Range Trading: Even in choppy or range-bound markets, DTFX Algo Zones can help find mean-reversion trades. If price is oscillating sideways, the zones at extremes of the range might mark where momentum is shifting (ChoCH) and price could swing back toward the mean. A trader might fade an extended move when it reaches a strong zone, anticipating a reversion. Additionally, if multiple zones cluster in an area across time (creating a zone overlap), it often signifies a particularly robust support/resistance level ideal for range trading strategies. In all these use cases, the indicator’s ability to filter out noise and highlight structurally important levels means traders can focus on higher-probability setups and make more informed trading decisions. Strategy – Pullback Trading with DTFX Algo Zones One of the most effective ways to use the DTFX Algo Zones indicator is trading pullbacks in the direction of the trend. Below is a step-by-step strategy to capitalize on pullbacks using the zones, combining the indicator’s signals with sound price action analysis and risk management: 1. Identify a Market Structure Shift and Trend Bias: First, observe the chart for a recent BOS or ChoCH signal from the indicator. This will tell you the current trend bias. For instance, a bullish BOS/ChoCH means the market momentum has shifted upward (bullish bias), and a new demand zone will be drawn. A bearish structure break indicates downward momentum and creates a supply zone. Make sure the broader context supports the bias (e.g., if multiple higher timeframe zones are bullish, focus on long trades). 2. Wait for the Pullback into the Zone: Once a new zone appears, don’t chase the price immediately. Instead, wait for price to retrace back into that highlighted zone. Patience is key – let the market come to you. For a bullish setup, allow price to dip into the Fibonacci retracement zone (demand area); for a bearish setup, watch for a rally into the supply zone. Often, the middle of the zone (around the 50% retracement level) can be an optimal area where price might slow down and pivot, but it’s wise to observe price behavior across the entire zone. 3. Confirm the Entry with Price Action & Confluence: As price tests the zone, look for confirmation signals before entering the trade. This can include bullish reversal candlestick patterns (for longs) or bearish patterns (for shorts) such as engulfing candles, hammers/shooting stars, or doji indicating indecision turning to reversal. Additionally, incorporate confluence factors to strengthen the setup: for example, check if the zone overlaps with a key moving average, a round number price level, or an old support/resistance line from a higher timeframe. You might also use an oscillator (like RSI or Stochastic) to see if the pullback has reached oversold conditions in a bullish zone (or overbought in a bearish zone), suggesting a bounce is likely. The more factors aligning at the zone, the more confidence you can have in the trade. Only proceed with an entry once you see clear evidence of buyers defending a demand zone or sellers defending a supply zone. 4. Enter the Trade and Manage Risk: When you’re satisfied with the confirmation (e.g., price starts to react positively off a demand zone or shows rejection wicks in a supply zone), execute your entry in the direction of the original trend. Immediately set a stop-loss order to control risk: for a long trade, a common placement is just below the demand zone (a few ticks/pips under the swing low that formed the zone); for a short trade, place the stop just above the supply zone’s high. This way, if the zone fails and price continues beyond it, your loss is limited. Position size the trade so that this stop-loss distance corresponds to a risk you are comfortable with (for example, 1-2% of your trading capital). 5. Take Profit Strategically: Plan your take-profit targets in advance. A conservative approach is to target the origin of the move – for instance, in a long trade, you might take profit as price moves back up to the swing high (the 0% Fibonacci level of the zone) or the next significant zone or resistance level above. This often yields at least a 1:1 reward-to-risk ratio if you entered around mid-zone. More aggressive trend-following traders may leave a portion of the position running beyond the initial target, aiming for a larger move in line with the trend (for example, new higher highs in an uptrend). You can also trail your stop-loss upward behind new higher lows (for longs) or lower highs (for shorts) as the trend progresses, locking in profit while allowing for further gains. 6. Monitor Zone Invalidation: Even after entering, keep an eye on the behavior around the zone and any new zones that may form. If price fails to bounce and instead breaks decisively through the entire zone, respect that as an invalidation – the market may be signaling a deeper reversal or that the signal was false. In such a case, it’s better to exit early or stick to your stop-loss than to hold onto a losing position. The indicator will often mark or no longer highlight zones that have been invalidated by price, guiding you to shift focus to the next opportunity. Risk Management Tips: • Always use a stop-loss and don’t move it farther out in hope. Placing the stop just beyond the zone’s far end (the swing point) helps protect you if the pullback turns into a larger reversal. • Aim for a favorable risk-to-reward ratio. With pullback entries near the middle or far end of a zone, you can often achieve a reward that equals or exceeds your risk. For example, risking 20 pips to make 20+ pips (1:1 or better) is a prudent starting point. Adjust targets based on market structure – if the next resistance is 50 pips away, consider that upside against your risk. • Use confluence and context: Don’t take every zone signal in isolation. The highest probability trades come when the DTFX Algo Zone aligns with other analysis (trend direction, chart patterns, higher timeframe support/resistance, etc.). This filtered approach will reduce trades taken in weak zones or counter-trend traps. • Embrace patience and selectivity: Not all zones are equal. It can be wise to skip very narrow or insignificant zones and wait for those that form after a strong BOS/ChoCH (indicating a powerful move). Larger zones or zones formed during high-volume times tend to produce more reliable pullback opportunities. • Review and adapt: After each trade, note how price behaved around the zone. If you notice certain Fib levels (like 50% or 61.8%) within the zone consistently provide the best entries, you can refine your approach to focus on those. Similarly, adjust the indicator’s settings if needed – for example, if too many minor zones are cluttering your screen, limit to the last few or increase the structure length parameter to capture only more significant swings. ⸻ By combining the DTFX Algo Zones indicator with disciplined confirmation and risk management, traders can improve their timing on pullback entries and avoid chasing moves. This indicator shines in helping you trade what you see, not what you feel – the clearly marked zones and structure shifts keep you grounded in price action reality. Whether you’re a trend trader looking to buy the dip/sell the rally, or a reversal trader hunting for exhaustion points, DTFX Algo Zones provides a robust visual aid to elevate your trading decisions. Use it as a complementary tool in your analysis to stay on the right side of the market’s structure and enhance your trading performance.
Pine Script® Indikator
von Supreme_Dreams
5
52-Week & 5-Year High/Low with DatesThis indicator is designed to help traders quickly identify key price levels and their historical context by displaying the 52-week high/low and 5-year high/low prices along with their respective dates. It provides a clear visual representation of these levels directly on the chart and in a dashboard table for easy reference. Key Features 52-Week High/Low: Displays the highest and lowest prices over the last 252 trading days (approximately 52 weeks). Includes the exact date when these levels were reached. 5-Year High/Low: Displays the highest and lowest prices over the last 1260 trading days (approximately 5 years). Includes the exact date when these levels were reached. Visual Labels: High and low levels are marked on the chart with labels that include the price and date. Dashboard Table: A table in the top-right corner of the chart summarizes the 52-week and 5-year high/low prices and their dates for quick reference. Customizable Date Format: Dates are displayed in the YYYY-MM-DD format for clarity and consistency.
Pine Script® Indikator
von princekumar909728
True Liquidity BlocksSo basically I've been deep diving into liquidity trading concepts similar to ICT (Inner Circle Trader) and developed an indicator that breaks down market movement through a volume-centric lens. Key Concept: Markets move not just by price, but by resolving trapped positions Volume segments, not time intervals, show true market dynamics VWAP (Volume Weighted Average Price) becomes a key structural reference What Makes This Different: Tracks volume segments instead of fixed time frames Identifies "trapped" trader positions Measures liquidity level efficiency Color-codes bars based on nearest liquidity zone Indicator Features: Cyan/Red liquidity levels showing buy/sell pressure Efficiency tracking for each level Dynamic volume-based segmentation Bar coloring to show nearest liquidity zone Theoretical Inspiration: Viewed markets as energy systems where: Positions create potential energy Price movement resolves this energy Trends form through systematic position liquidation VWAP Recalculation in Each Segment: Segment Start: VWAP resets when volume threshold User Inputtable (600,000) is reached Uses the last 4 price values (High, Low, Close, Close) for calculation Weighted by volume traded during that segment Calculation Method: pineCopy = ta.vwap(hlcc4, na(segment_start) ? true : na, 1) hlcc4: Combines high, low, close prices na(segment_start): Ensures reset at new segment Weighted by volume, not equal time intervals Key Points: Dynamic recalculation each segment Reflects most recent trading activity Provides real-time fair price reference Tracks positioning Essentially, VWAP resets and recalculates with each new volume segment, creating a rolling, volume-weighted average price that maps trader positioning. BSL (Buy Side Liquidity) and SSL (Sell Side Liquidity) Explained: When a volume segment closes relative to VWAP, it creates natural positioning traps: BSL (Cyan) - Created when price closes BELOW THAT SEGMENT'S VWAP: Bulls are positioned BELOW VWAP (trapped) Shorts are positioned ABOVE VWAP (In Profit) SSL (Red) - Created when price closes ABOVE THAT SEGMENT"S VWAP: Bulls are positioned ABOVE VWAP (trapped) Shorts are positioned BELOW VWAP (trapped) Core Mechanism: VWAP acts as a reference point for trader positioning Trapped positions create inherent market tension Levels expand to show accumulating pressure Color-coded for quick identification of potential move direction The goal: Visualize where traders are likely "stuck" and must eventually resolve their positions or liquidate other's, driving market movement. It was just a fun experiment but If ya'll have any thoughts on it or what I could do to improve it, I would appreciate it. Just a little note, It's optimized for futures, but if u uncheck the "Rest at Futures Open ?" setting, it allow full reign of any asset with volume data.
Pine Script® Indikator
von Kill_Streak
7
29&71 Goldbach levelsThe indicator automatically plots horizontal lines at the 29 and 71 price levels on your chart. These levels serve as psychological barriers in the market, where price action may react or consolidate, just as prime numbers are fundamental in the theory of numbers. --- Features: - 29 Level: Identifies significant areas where market participants may encounter support or resistance, similar to the importance of prime numbers in Goldbach's conjecture. - 71 Level: Marks another key zone that might indicate possible price breakouts or reversals, offering traders a reference point for decision-making. - Customizable: You can adjust the colors, line styles, or alerts associated with these levels to fit your trading preferences. How to Use: - Use the 29 and 71 levels to spot potential areas of support or resistance on the chart. - Watch for price reactions at these levels for possible breakout or reversal setups. - Combine the levels with other technical indicators for added confirmation. --- This indicator blends the theory of prime numbers with market analysis, offering traders a novel approach to identifying key levels that might influence price movements.
Pine Script® Indikator
von Lingio78
5
SMT Divergence [TakingProphets]The SMT (Smart Money Technique) Divergence indicator identifies potential market manipulation and smart money footprints by comparing price action between correlated instruments. It uses a dual-detection system to catch both frequent local SMTs and larger structural SMTs: • Primary detection uses a shorter lookback period (default 5) to identify common SMT patterns • Secondary detection uses a longer lookback period (default 8) to catch larger structural SMTs • Automatically filters significant moves to prevent noise • Labels are placed clearly outside of price action for better visibility • Toggle between showing all SMTs or only significant liquidity sweeps Compare any two instruments to spot divergences in their price action. Particularly useful for: - Futures vs Spot markets - Related currency pairs - Index vs its components - Any correlated instruments Default settings are optimized for intraday trading but can be adjusted for different timeframes. Note: This indicator works best when comparing closely correlated instruments and should be used alongside other technical analysis tools.
Pine Script® Indikator
von TakingProphets
Global M2 Index Percentage### **Global M2 Index Percentage** **Description:** The **Global M2 Index Percentage** is a custom indicator designed to track and visualize the global money supply (M2) in a normalized percentage format. It aggregates M2 data from major economies (e.g., the US, EU, China, Japan, and the UK) and adjusts for exchange rates to provide a comprehensive view of global liquidity. This indicator helps traders and investors understand the broader macroeconomic environment, identify trends in money supply, and make informed decisions based on global liquidity conditions. --- ### **How It Works:** 1. **Data Aggregation**: - The indicator collects M2 data from key economies and adjusts it using exchange rates to calculate a global M2 value. - The formula for global M2 is: \ 2. **Normalization**: - The global M2 value is normalized into a percentage (0% to 100%) based on its range over a user-defined period (default: 13 weeks). - The formula for normalization is: \ 3. **Visualization**: - The indicator plots the M2 Index as a line chart. - Key reference levels are highlighted: - **10% (Red Line)**: Oversold level (low liquidity). - **50% (Black Line)**: Neutral level. - **80% (Green Line)**: Overbought level (high liquidity). --- ### **How to Use the Indicator:** #### **1. Understanding the M2 Index:** - **Below 10%**: Indicates extremely low liquidity, which may signal economic contraction or tight monetary policy. - **Above 80%**: Indicates high liquidity, which may signal loose monetary policy or potential inflationary pressures. - **Between 10% and 80%**: Represents a neutral to moderate liquidity environment. #### **2. Trading Strategies:** - **Long-Term Investing**: - Use the M2 Index to assess global liquidity trends. - **High M2 Index (e.g., >80%)**: Consider investing in risk assets (stocks, commodities) as liquidity supports growth. - **Low M2 Index (e.g., <10%)**: Shift to defensive assets (bonds, gold) as liquidity tightens. - **Short-Term Trading**: - Combine the M2 Index with technical indicators (e.g., RSI, MACD) for timing entries and exits. - **M2 Index Rising + RSI Oversold**: Potential buying opportunity. - **M2 Index Falling + RSI Overbought**: Potential selling opportunity. #### **3. Macroeconomic Analysis**: - Use the M2 Index to monitor the impact of central bank policies (e.g., quantitative easing, rate hikes). - Correlate the M2 Index with inflation data (CPI, PPI) to anticipate inflationary or deflationary trends. --- ### **Key Features:** - **Customizable Timeframe**: Adjust the lookback period (e.g., 13 weeks, 26 weeks) to suit your trading style. - **Multi-Economy Data**: Aggregates M2 data from the US, EU, China, Japan, and the UK for a global perspective. - **Normalized Output**: Converts raw M2 data into an easy-to-interpret percentage format. - **Reference Levels**: Includes key levels (10%, 50%, 80%) for quick analysis. --- ### **Example Use Case:** - **Scenario**: The M2 Index rises from 49% to 62% over two weeks. - **Interpretation**: Global liquidity is increasing, potentially due to central bank stimulus. - **Action**: - **Long-Term**: Increase exposure to equities and commodities. - **Short-Term**: Look for buying opportunities in oversold assets (e.g., RSI < 30). --- ### **Why Use the Global M2 Index Percentage?** - **Macro Insights**: Understand the broader economic environment and its impact on financial markets. - **Risk Management**: Identify periods of high or low liquidity to adjust your portfolio accordingly. - **Enhanced Timing**: Combine with technical analysis for better entry and exit points. --- ### **Conclusion:** The **Global M2 Index Percentage** is a powerful tool for traders and investors seeking to incorporate macroeconomic data into their strategies. By tracking global liquidity trends, this indicator helps you make informed decisions, whether you're trading short-term or planning long-term investments. Add it to your TradingView charts today and gain a deeper understanding of the global money supply! --- **Disclaimer**: This indicator is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making investment decisions.
Pine Script® Indikator
von johndee123
Gold Pro StrategyHere’s the strategy description in a chat format: --- **Gold (XAU/USD) Trend-Following Strategy** This **trend-following strategy** is designed for trading gold (XAU/USD) by combining moving averages, MACD momentum indicators, and RSI filters to capture sustained trends while managing volatility risks. The strategy uses volatility-adjusted stops to protect gains and prevent overexposure during erratic price movements. The aim is to take advantage of trending markets by confirming momentum and ensuring entries are not made at extreme levels. --- **Key Components** 1. **Trend Identification** - **50 vs 200 EMA Crossover** - **Bullish Trend:** 50 EMA crosses above 200 EMA, and the price closes above the 200 EMA - **Bearish Trend:** 50 EMA crosses below 200 EMA, and the price closes below the 200 EMA 2. **Momentum Confirmation** - **MACD (12,26,9)** - **Buy Signal:** MACD line crosses above the signal line - **Sell Signal:** MACD line crosses below the signal line - **RSI (14 Period)** - **Bullish Zone:** RSI between 50-70 to avoid overbought conditions - **Bearish Zone:** RSI between 30-50 to avoid oversold conditions 3. **Entry Criteria** - **Long Entry:** Bullish trend, MACD bullish crossover, and RSI between 50-70 - **Short Entry:** Bearish trend, MACD bearish crossover, and RSI between 30-50 4. **Exit & Risk Management** - **ATR Trailing Stops (14 Period):** - Initial Stop: 3x ATR from entry price - Trailing Stop: Adjusts to lock in profits as price moves favorably - **Position Sizing:** 100% of equity per trade (high-risk strategy) --- **Key Logic Flow** 1. **Trend Filter:** Use the 50/200 EMA relationship to define the market's direction 2. **Momentum Confirmation:** Confirm trend momentum with MACD crossovers 3. **RSI Validation:** Ensure RSI is within non-extreme ranges before entering trades 4. **Volatility-Based Risk Management:** Use ATR stops to manage market volatility --- **Visual Cues** - **Blue Line:** 50 EMA - **Red Line:** 200 EMA - **Green Triangles:** Long entry signals - **Red Triangles:** Short entry signals --- **Strengths** - **Clear Trend Focus:** Avoids counter-trend trades - **RSI Filter:** Prevents entering overbought or oversold conditions - **ATR Stops:** Adapts to gold’s inherent volatility - **Simple Rules:** Easy to follow with minimal inputs --- **Weaknesses & Risks** - **Infrequent Signals:** 50/200 EMA crossovers are rare - **Potential Missed Opportunities:** Strict RSI criteria may miss some valid trends - **Aggressive Position Sizing:** 100% equity allocation can lead to large drawdowns - **No Profit Targets:** Relies on trailing stops rather than defined exit targets --- **Performance Profile** | Metric | Expected Range | |----------------------|---------------------| | Annual Trades | 4-8 | | Win Rate | 55-65% | | Max Drawdown | 25-35% | | Profit Factor | 1.8-2.5 | --- **Optimization Recommendations** 1. **Increase Trade Frequency** Adjust the EMAs to shorter periods: - `emaFastLen = input.int(30, "Fast EMA")` - `emaSlowLen = input.int(150, "Slow EMA")` 2. **Relax RSI Filters** Adjust the RSI range to: - `rsiBullish = rsi > 45 and rsi < 75` - `rsiBearish = rsi < 55 and rsi > 25` 3. **Add Profit Targets** Introduce a profit target at 1.5% above entry: ```pine strategy.exit("Long Exit", "Long", stop=longStopPrice, profit=close*1.015, // 1.5% target trail_offset=trailOffset) ``` 4. **Reduce Position Sizing** Risk a smaller percentage per trade: - `default_qty_value=25` --- **Best Use Case** This strategy excels in **strong trending markets** such as gold rallies during economic or geopolitical crises. However, during sideways or choppy market conditions, the strategy might require manual intervention to avoid false signals. Additionally, integrating fundamental analysis—like monitoring USD weakness or geopolitical risks—can enhance its effectiveness. --- This strategy offers a balanced approach for trading gold, combining trend-following principles with risk management tailored to the volatility of the market.
Pine Script® Strategie
von zackseal
3
Daily Asian RangeDaily Asian Range Indicator This indicator is an enhanced version inspired by @toodegrees' "ICT Friday's Asian Range" indicator. While maintaining the core concepts, this version expands functionality for daily analysis and adds comprehensive customization options. ### Overview The Asian Range indicator identifies and visualizes potential liquidity areas based on price action during the Asian session (8:00 PM - 12:00 AM ET). It plots both body and wick ranges along with multiple standard deviation levels that can serve as potential price targets or areas of interest. ### Features - Flexible Display Options - Choose between Body, Wick, or Both for range boxes and deviation lines - Customizable colors, styles, and borders for all visual elements - Historical sessions display (0-20 previous sessions) - Advanced Standard Deviation Levels - Multiple deviation multipliers (1.0, 1.5, 2.0, 2.3, 3.5) - Separate visualization for body and wick-based deviations - Clear labeling system for easy identification - Precise Time Management - Asian session: 8:00 PM - 12:00 AM ET - Deviation lines extend through the following trading day - Proper timezone handling for accuracy ### Usage - Works on timeframes from 1 to 15 minutes - Use the range boxes to identify key price levels from the Asian session - Standard deviation levels can serve as potential targets or areas of interest - Combine with other indicators for enhanced analysis ### Credits Original concept and base implementation by @toodegrees Enhanced and expanded by @Omarqqq ### Disclaimer This indicator is for educational and informational purposes only. Always conduct your own analysis and use proper risk management.
Pine Script® Indikator
von Omarqqq
6
SMA Ichimoku CrossesSMA Ichimoku Crosses displays the moving average between the last two crossings of the Tenkan-Sen and Kijun-Sen lines from Ichimoku Kinko Hyo. The line is calculated based on the closing prices at the time of the crossings and is added directly to the price chart, making it a convenient tool for trend analysis and identifying entry and exit points. Features: - Automatic calculation of Tenkan-Sen and Kijun-Sen lines. - Fixation of closing prices at the point of line crossings. - Calculation of the average price between the last two crossings. - Display of a pink line on the price chart for convenient analysis. How to use: - Identify potential trend reversal zones by observing the line’s position relative to the price. - Use the line as a dynamic level of support or resistance. - Include the indicator in your Ichimoku strategies to enhance the accuracy of signals. Suitable for: - Traders using Ichimoku in their trading. - Trend analysis enthusiasts. - Those looking for additional filters for entry and exit points.
Pine Script® Indikator
von PuffPusher
2
NWOG with FVGThe New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a trading tool designed to analyze price action and detect potential support, resistance, and trade entry opportunities based on two significant concepts: New Week Opening Gap (NWOG): The price range between the high and low of the first candle of the new trading week. Fair Value Gap (FVG): A price imbalance or gap between candlesticks, where price may retrace to fill the gap, indicating potential support or resistance zones. When combined, these two concepts help traders identify key price levels (from the new week open) and price imbalances (from FVGs), which can act as powerful indicators for potential market reversals, retracements, or continuation trades. 1. New Week Opening Gap (NWOG): Definition: The New Week Opening Gap (NWOG) refers to the range between the high and low of the first candle in a new trading week (often, the Monday open in most markets). Purpose: NWOG serves as a significant reference point for market behavior throughout the week. Price action relative to this range helps traders identify: Support and Resistance zones. Bullish or Bearish sentiment depending on price’s relation to the opening gap levels. Areas where the market may retrace or reverse before continuing in the primary trend. How NWOG is Identified: The high and low of the first candle of the new week are drawn on the chart, and these levels are used to assess the market's behavior relative to this range. Trading Strategy Using NWOG: Above the NWOG Range: If price is trading above the NWOG levels, it signals bullish sentiment. Below the NWOG Range: If price is trading below the NWOG levels, it signals bearish sentiment. Price Touching the NWOG Levels: If price approaches or breaks through the NWOG levels, it can indicate a potential retracement or reversal. 2. Fair Value Gap (FVG): Definition: A Fair Value Gap (FVG) occurs when there is a gap or imbalance between two consecutive candlesticks, where the high of one candle is lower than the low of the next candle (or vice versa), creating a zone that may act as a price imbalance. Purpose: FVGs represent an imbalance in price action, often indicating that the market moved too quickly and left behind a price region that was not fully traded. FVGs can serve as areas where price is likely to retrace to fill the gap, as traders seek to correct the imbalance. How FVG is Identified: An FVG is detected if: Bearish FVG: The high of one candle is less than the low of the next (gap up). Bullish FVG: The low of one candle is greater than the high of the next (gap down). The area between the gap is drawn as a shaded region, indicating the FVG zone. Trading Strategy Using FVG: Price Filling the FVG: Price is likely to retrace to fill the gap. A reversal candle in the FVG zone can indicate a trade setup. Support and Resistance: FVG zones can act as support (in a bullish FVG) or resistance (in a bearish FVG) if the price retraces to them. Combined Strategy: New Week Opening Gap (NWOG) and Fair Value Gap (FVG): The combined use of NWOG and FVG helps traders pinpoint high-probability price action setups where: The New Week Opening Gap (NWOG) acts as a major reference level for potential support or resistance. Fair Value Gaps (FVG) represent market imbalances where price might retrace to, filling the gap before continuing its move. Signal Logic: Buy Signal: Price touches or breaks above the NWOG range (indicating a bullish trend) and there is a bullish FVG present (gap indicating a support area). Price retraces to fill the bullish FVG, offering a potential buy opportunity. Sell Signal: Price touches or breaks below the NWOG range (indicating a bearish trend) and there is a bearish FVG present (gap indicating a resistance area). Price retraces to fill the bearish FVG, offering a potential sell opportunity. Example: Buy Setup: Price breaks above the NWOG resistance level, and a bullish FVG (gap down) appears below. Traders can wait for price to pull back to fill the gap and then take a long position when confirmation occurs. Sell Setup: Price breaks below the NWOG support level, and a bearish FVG (gap up) appears above. Traders can wait for price to retrace and fill the gap before entering a short position. Key Benefits of the Combined NWOG & FVG Indicator: Combines Two Key Concepts: NWOG provides context for the market's overall direction based on the start of the week. FVG highlights areas where price imbalances exist and where price might retrace to, making it easier to spot entry points. High-Probability Setups: By combining these two strategies, the indicator helps traders spot high-probability trades based on major market levels (from NWOG) and price inefficiencies (from FVG). Helps Identify Reversal and Continuation Opportunities: FVGs act as potential support and resistance zones, and when combined with the context of the NWOG levels, it gives traders clearer guidance on where price might reverse or continue its trend. Clear Visual Signals: The indicator can plot the NWOG levels on the chart, and shade the FVG areas, providing a clean and easy-to-read chart with entry signals marked for buy and sell opportunities. Conclusion: The New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a powerful tool for traders who use price action strategies. By incorporating the New Week's opening range and identifying gaps in price action, this indicator helps traders identify potential support and resistance zones, pinpoint entry opportunities, and increase the probability of successful trades. This combined strategy enhances your analysis by adding layers of confirmation for trades based on significant market levels and price imbalances. Let me know if you'd like more details or modifications!
Pine Script® Indikator
von TraderHustleZone
Big Money by ChartedhighsBig Money by Chartedhighs Script Overview: The "Big Money" indicator is designed to help traders easily identify significant price movements on their charts. This script visually highlights candles where the price change from open to close exceeds a user-defined threshold. It draws attention to these key moments, providing a clear indication of potential big-money moves in the market. Key Features: Customizable Threshold: Allows users to set a specific price change threshold via the input menu (Highlight Threshold). Only candles with a price change greater than or equal to this value are highlighted. Candle Highlighting: Uses color-coded bars to emphasize candles meeting the threshold condition. Candles are highlighted in yellow for immediate visual clarity. Dynamic Box Annotation: Draws a semi-transparent yellow box around highlighted candles. Extends the box dynamically to subsequent bars, providing an area of interest for continued analysis. Labeling for Key Moments: Automatically adds a label ("BigMoney") above highlighted bars to further indicate significant price action. How It Works: The script calculates the price change for each bar (close - open) and compares it to the user-defined threshold. If the price change meets or exceeds the threshold: The bar color changes to yellow. A box is drawn around the candle to highlight the price movement visually. A label is added above the candle to emphasize its significance. The box extends dynamically until the next highlighted candle, allowing users to track zones of activity. Customization Options: Highlight Threshold: Modify the threshold value to suit your trading style or instrument volatility. Use Case: This indicator is ideal for traders looking to identify significant price movements quickly. It helps to locate areas where "big money" might be flowing into the market, offering potential entry or exit opportunities. How to Use: Add the "Big Money by Chartedhighs" script to your TradingView chart. Set the Highlight Threshold to a value suitable for your market or timeframe. Observe highlighted candles and boxes for potential trading signals or areas of interest. This script is highly visual, intuitive, and customizable, making it a great addition to any trader's toolkit!
Pine Script® Indikator
von ChartedHighs
Time Appliconic Macro | ForTF5m (Fixed)The Time Appliconic Macro (TAMcr) is a custom-built trading indicator designed for the 5-minute time frame (TF5m), providing traders with clear Buy and Sell signals based on precise technical conditions and specific time windows. Key Features: Dynamic Moving Average (MA): The indicator utilizes a Simple Moving Average (SMA) to identify price trends. Adjustable length for user customization. Custom STARC Bands: Upper and lower bands are calculated using the SMA and the Average True Range (ATR). Includes a user-defined multiplier to adjust the band width for flexibility across different market conditions. RSI Integration: Signals are filtered using the Relative Strength Index (RSI), ensuring they align with overbought/oversold conditions. Time-Based Signal Filtering: Signals are generated only during specific time windows, allowing traders to focus on high-activity periods or times of personal preference. Supports multiple custom time ranges with automatic adjustments for UTC-4 or UTC-5 offsets. Clear Signal Visualization: Buy Signals: Triggered when the price is below the lower band, RSI indicates oversold conditions, and the time is within the defined range. Sell Signals: Triggered when the price is above the upper band, RSI indicates overbought conditions, and the time is within the defined range. Signals are marked directly on the chart for easy identification. Customizability: Adjustable parameters for the Moving Average length, ATR length, and ATR multiplier. Time zone selection and defined trading windows provide a tailored experience for global users. Who is this Indicator For? This indicator is perfect for intraday traders who operate in the 5-minute time frame and value clear, filtered signals based on price action, volatility, and momentum indicators. The time window functionality is ideal for traders focusing on specific market sessions or personal schedules. How to Use: Adjust the MA and ATR parameters to match your trading style or market conditions. Set the desired time zone and time ranges to align with your preferred trading hours. Monitor the chart for Buy (green) and Sell (red) signals, and use them as a guide for entering or exiting trades.
Pine Script® Indikator
von Elelysandra