Auf geht's

Consolidation

Bollinger Bands with Squeeze. Adjustable consolidation lines.Core Purpose This is a Bollinger Bands indicator with squeeze detection and consolidation zone identification - it helps you spot low volatility periods that often precede big price moves. Main Components: 1. Bollinger Bands (The Foundation) Basis Line: Moving average (SMA/EMA/etc.) of price - shows the trend Upper/Lower Bands: Calculated as basis ± (2 × standard deviation) When bands are wide = high volatility When bands are narrow = low volatility 2. Squeeze Detection (Yellow highlights) pinenormalizedWidth = (bbWidth - lowestWidth) / widthRange inSqueeze = normalizedWidth < squeezeThreshold Monitors how tight the BB bands are compared to recent history When bands get extremely narrow (< 2% threshold), it flags a squeeze Visual cues during squeeze: Basis turns yellow Bands turn orange Background gets yellow tint Yellow dot appears at top of chart Trading significance: Squeezes often precede explosive breakouts - low volatility builds pressure 3. Consolidation Detection (Green lines) pineconsRange = (consHigh - consLow) / close isConsolidating = consRange < consRangeThreshold Looks back 10 bars and checks if price is trapped in a tight range If the high-to-low range is < 1.5% of current price = consolidation Draws green horizontal lines at the consolidation high and low Lines persist for 5 bars after breakout Trading significance: These become support/resistance levels - great for entries on breakouts How It Works Together: Squeeze forms - Bands narrow, colors change to yellow/orange Consolidation detected - Green lines mark the trading range Breakout happens - Price breaks above/below green lines with momentum You trade the direction of the breakout with clearly defined levels Customizable Settings: Bollinger Bands: Length (20), source (close), standard deviation multiplier (2.0) All colors for normal vs squeeze states Squeeze: Threshold (0.02) - lower = tighter squeeze required Consolidation: Lookback period (10 bars) Range threshold (0.015 = 1.5%) Line color What This Gives You: Early warning system for volatility breakouts Clear support/resistance levels from consolidation zones Visual confirmation when conditions align (squeeze + consolidation = prime setup) Works on any timeframe - especially powerful when higher TF shows consolidation for lower TF entries This is essentially a breakout trading system that combines volatility compression (squeeze) with range identification (consolidation) to help you catch explosive moves with defined risk levels.
Pine Script® Indikator
von dannydholmes1
Volatility Structure Regime Engine (VSgRE)Volatility Structure Regime Engine (VSgRE) Volatility Structure Regime Engine (VSgRE) is a volatility-based market analysis tool designed to highlight when volatility is likely to expand, without implying trade direction. The indicator uses a three-layer analytical framework to identify meaningful volatility events while remaining fully direction-agnostic. 🔹 Structure Layer Defines the broader volatility environment using normalized volatility metrics to distinguish between high- and low-volatility conditions. 🔹 Regime Layer Identifies volatility compression, expansion, and transition phases, helping traders recognize periods of stored or released market energy. 🔹 Execution Layer Detects real-time volatility ignition events that signal the start of meaningful expansion. 📊 Signal Types Strong Signals Indicate valid volatility expansion events within an active volatility regime. Elite Signals Highlight the first volatility expansion following a prolonged compression phase. Signals are represented using neutral bubbles to avoid bullish or bearish bias. ✅ Key Characteristics Pure volatility-based logic Leading, non-directional signals Clean and minimal chart visuals State-based, non-repetitive signaling Suitable for breakout timing, regime analysis, and risk awareness ⚠️ Disclaimer This indicator is provided for educational and analytical purposes only. It does not constitute financial advice. Trading involves risk, and users are responsible for their own decisions.
Pine Script® Indikator
von Market_Logic_India
Trend & Strength Detector TSDTrend Strength Detector (TSD) *Objective Trend Quality Measurement for Educational Market Analysis* Note: This mathematical framework is a proprietary quantitative model developed by Ario Pinelab, inspired by classical EMA, ADX, RSI and MACD principles, yet not documented in any public technical or academic publication. ## 🎯 Purpose & Design Philosophy The ** Trend Strength Detector- TSD ** is an educational research tool that provides **quantitative measurement of trend quality** through two independent scoring systems (0-100 scale). It answers the analytical question: *"How strong and aligned is the current market trend environment?"* This indicator is designed with a **modular, complementary approach** to work alongside various analysis methodologies, particularly pattern-based recognition systems. ## 🔗 Complementary Research Framework ### Designed to Work With Pattern Detection Systems This indicator provides **environmental context measurement** that complements qualitative pattern recognition tools. It works particularly well alongside systems like: - **RMBS Smart Detector - Multi-Factor Momentum System** - Traditional chart pattern analyzers - Any momentum-based pattern identification tools 🔍 **To find RMBS Smart Detector:** - Search in TradingView Indicators Library: `" RMBS Smart Detector - Multi-Factor Momentum System"` - Look for: *Multi-Factor Momentum System* - By author: ` ` ### Why This Complementary Approach? **Trend Quality Measurement** (TSD - this tool) provides: - ✅ Structural trend alignment (0-100 score) - ✅ Momentum intensity levels (0-100 score) - ✅ Environment classification (Strong/Moderate/Weak) - 📌 **Answers:** *"HOW STRONG is the underlying trend environment?"* ### Educational Research Value When used together in a research context, these tools enable systematic study of questions like: - How do reversal patterns behave when Strength Score is above 70 vs below 30? - Do continuation patterns in weakening environments (declining scores) show different characteristics? - What is the correlation between high Alignment Scores and pattern "success rates"? - Can environment classification help identify genuine trend initiation vs false starts? ⚠️ **Important Note:** Both tools are **independent and work standalone**. TSD provides value whether used alone or with other analysis methods. The relationship with RMBS (or any pattern tool) is **complementary for research purposes**, not dependent. --- ###Mathematical Foundation ##TSA Formula: scoring method developed by Ario -Trend Model (0 – 100) TAS = EMA Alignment (0–40) + Price Position (0–30) + Trend Consistency (0–30) EMA Alignment checks EMA_fast vs EMA_slow vs EMA_trend structure. Price Position evaluates if Close is above/below all EMAs. Consistency = 3 × max(bullish,bearish bars within 10 candles). -Strength Model (0 – 100) Strength = ADX (0–50) + EMA Slope (0–25) + RSI (0–15) + MACD (0–10) ADX measures trend energy; Slope shows EMA momentum %; RSI assesses zone positioning; MACD confirms directional agreement. Note: This formula represents a proprietary quantitative model by Ario_Pinelab, inspired by classical technical concepts but not published in any external reference.________________________________________ 📊 Environment Classification Based on Total Strength Score: 🟢 Strong Environment: Score ≥ 60 → Well-defined momentum, clear directional bias 🟡 Moderate Environment: 40 ≤ Score < 60 → Mixed signals, transitional conditions 🔴 Weak Environment: Score < 40 → Ranging, choppy, low conviction movement Color Coding: • Green background: Strong (≥60) • Yellow background: Moderate (40-59) • Red background: Weak (<40) ________________________________________ 📈 Visual Components Main Chart Display Score Labels (Top-Right Corner): ┌─────────────────────────────────┐ │ 📊 Alignment: 75 | Strength: 82 │ │ Environment: Strong 🟢 │ └─────────────────────────────────┘ Color-Coded Background: • Environment strength visually indicated via background color • Helps quick identification of market regime • Customizable transparency (default: 90%) Reference Lines: • Dotted line at 60: Strong/Moderate threshold • Dotted line at 40: Moderate/Weak threshold • Mid-line at 50: Neutral reference ________________________________________ 🔧 Customization Settings Input Parameters The best setting is the default mode. 🚫 Important Disclaimers & Limitations What This Indicator IS: ✅ Educational measurement tool for trend quality research ✅ Quantitative assessment of current market environment ✅ Complementary analysis tool for pattern-based systems ✅ Historical data analyzer for systematic study ✅ Multi-factor scoring system based on technical calculations What This Indicator IS NOT: ❌ NOT a trading system or signal generator ❌ NOT financial advice or trade recommendations ❌ NOT predictive of future price movements ❌ NOT a guarantee of pattern success/failure ❌ NOT a substitute for comprehensive risk management ________________________________________ Known Limitations 1. Lagging Nature: ⚠️ All components (EMA, ADX, RSI, MACD) are calculated from historical price data → Scores reflect CURRENT and RECENT conditions → Cannot predict sudden reversals or black swan events → Trend measurements lag actual price turning points 2. Whipsaw Risk: ⚠️ In choppy/ranging markets, scores may fluctuate rapidly → Moderate zone (40-60) can see frequent transitions → Low timeframes more susceptible to noise → Consider higher timeframes for stable measurements 3. Component Conflicts: ⚠️ Individual components may disagree → Example: Strong ADX but weak RSI alignment → Scores average these conflicts (may hide nuance) → Check individual components for deeper insight 4. Not Predictive: ⚠️ High scores do NOT guarantee continuation ⚠️ Low scores do NOT guarantee reversal → Measurement ≠ Prediction → Use for CONTEXT, not SIGNALS → Combine with comprehensive analysis ________________________________________ Risk Acknowledgments Market Risk: • All trading involves substantial risk of loss • Past performance (even systematic studies) does not guarantee future results • No indicator, system, or methodology can eliminate market risk Measurement Limitations: • Scores are mathematical calculations, not market predictions • Environmental classification is descriptive, not prescriptive • Strong measurements can deteriorate rapidly without warning Educational Purpose: • This tool is designed for LEARNING about market structure • Not designed, tested, or validated as a standalone trading system • Any trading decisions are user’s sole responsibility No Warranty: • Indicator provided “as-is” for educational purposes • No guarantee of accuracy, reliability, or profitability • Users must verify calculations and apply critical thinking Open Source Full Pine Script code available for educational study and modification. Feedback and improvement suggestions welcome. “All logic is presented for research and educational visualization.” ---
Pine Script® Indikator
von sourena_58
3
Smart Inside Bar Zones by Dinkan🔹 How It Works An Inside Bar is formed when a candle’s high and low are completely within the previous candle’s range. The indicator detects this structure in real time, creates a visual box around it, and extends the zone until the pattern is broken. Inside Bar candles can be optionally highlighted with a custom color to make them stand out clearly on the chart. 🔹 Features ✅ Automatic Inside Bar detection ✅ Dynamic Inside Bar zone boxes with custom fill & border color ✅ Inside candle body highlighting with user-defined color ✅ Adjustable transparency and border style ✅ Option to display only the latest Inside Bar zone for cleaner charts 🔹 Usage Traders can use Inside Bar zones to: Study price compression and breakout regions Observe range behavior and trend continuation setups Combine with other tools like volume or support/resistance analysis 🔹 Customization Change box fill and border color Adjust Inside Candle color for better visibility Set transparency and choose whether to show all or only the latest box ⚠️ Disclaimer This script is intended for market structure visualization and educational purposes only. It does not generate trading signals or financial advice. Always perform your own analysis and risk management before making trading decisions.
Pine Script® Indikator
von DinkanWorld
Advanced Range Analyzer ProAdvanced Range Analyzer Pro – Adaptive Range Detection & Breakout Forecasting Overview Advanced Range Analyzer Pro is a comprehensive trading tool designed to help traders identify consolidations, evaluate their strength, and forecast potential breakout direction. By combining volatility-adjusted thresholds, volume distribution analysis, and historical breakout behavior, the indicator builds an adaptive framework for navigating sideways price action. Instead of treating ranges as noise, this system transforms them into opportunities for mean reversion or breakout trading. How It Works The indicator continuously scans price action to identify active range environments. Ranges are defined by volatility compression, repeated boundary interactions, and clustering of volume near equilibrium. Once detected, the indicator assigns a strength score (0–100), which quantifies how well-defined and compressed the consolidation is. Breakout probabilities are then calculated by factoring in: Relative time spent near the upper vs. lower range boundaries Historical breakout tendencies for similar structures Volume distribution inside the range Momentum alignment using auxiliary filters (RSI/MACD) This creates a live probability forecast that updates as price evolves. The tool also supports range memory, allowing traders to analyze the last completed range after a breakout has occurred. A dynamic strength meter is displayed directly above each consolidation range, providing real-time insight into range compression and breakout potential. Signals and Breakouts Advanced Range Analyzer Pro includes a structured set of visual tools to highlight actionable conditions: Range Zones – Gradient-filled boxes highlight active consolidations. Strength Meter – A live score displayed in the dashboard quantifies compression. Breakout Labels – Probability percentages show bias toward bullish or bearish continuation. Breakout Highlights – When a breakout occurs, the range is marked with directional confirmation. Dashboard Table – Displays current status, strength, live/last range mode, and probabilities. These elements update in real time, ensuring that traders always see the current state of consolidation and breakout risk. Interpretation Range Strength : High scores (70–100) indicate strong consolidations likely to resolve explosively, while low scores suggest weak or choppy ranges prone to false signals. Breakout Probability : Directional bias greater than 60% suggests meaningful breakout pressure. Equal probabilities indicate balanced compression, favoring mean-reversion strategies. Market Context : Ranges aligned with higher timeframe trends often resolve in the dominant direction, while counter-trend ranges may lead to reversals or liquidity sweeps. Volatility Insight : Tight ranges with low ATR imply imminent expansion; wide ranges signal extended consolidation or distribution phases. Strategy Integration Advanced Range Analyzer Pro can be applied across multiple trading styles: Breakout Trading : Enter on probability shifts above 60% with confirmation of volume or momentum. Mean Reversion : Trade inside ranges with high strength scores by fading boundaries and targeting equilibrium. Trend Continuation : Focus on ranges that form mid-trend, anticipating continuation after consolidation. Liquidity Sweeps : Use failed breakouts at boundaries to capture reversals. Multi-Timeframe : Apply on higher timeframes to frame market context, then execute on lower timeframes. Advanced Techniques Combine with volume profiles to identify areas of institutional positioning within ranges. Track sequences of strong consolidations for trend development or exhaustion signals. Use breakout probability shifts in conjunction with order flow or momentum indicators to refine entries. Monitor expanding/contracting range widths to anticipate volatility cycles. Custom parameters allow fine-tuning sensitivity for different assets (crypto, forex, equities) and trading styles (scalping, intraday, swing). Inputs and Customization Range Detection Sensitivity : Controls how strictly ranges are defined. Strength Score Settings : Adjust weighting of compression, volume, and breakout memory. Probability Forecasting : Enable/disable directional bias and thresholds. Gradient & Fill Options : Customize range visualization colors and opacity. Dashboard Display : Toggle live vs last range, info table size, and position. Breakout Highlighting : Choose border/zone emphasis on breakout events. Why Use Advanced Range Analyzer Pro This indicator provides a data-driven approach to trading consolidation phases, one of the most common yet underutilized market states. By quantifying range strength, mapping probability forecasts, and visually presenting risk zones, it transforms uncertainty into clarity. Whether you’re trading breakouts, fading ranges, or mapping higher timeframe context, Advanced Range Analyzer Pro delivers a structured, adaptive framework that integrates seamlessly into multiple strategies.
Pine Script® Indikator
von BOSWaves
7
Trend Range Detector (Zeiierman)█ Overview Trend Range Detector (Zeiierman) is a market structure tool that identifies and tracks periods of price compression by forming adaptive range boxes based on volatility and price movement. When prices remain stable within a defined band, the script dynamically draws a range box; when prices break out of that structure, the box highlights the breakout in real-time. By combining a volatility-based envelope with a custom weighted centerline, this tool filters out noise and isolates truly stable zones — providing a clean framework for traders who focus on accumulation, distribution, breakout anticipation, and reversion opportunities. Whether you're range trading, spotting trend consolidations, or looking for volatility contractions before major moves, the Trend Range Detector gives you a mathematically adaptive, visually intuitive structure that maps the heartbeat of the market. █ How It Works ⚪ Range Formation Engine The core of this indicator revolves around two conditions: Distance Filter: The maximum distance between all recent closes and a dynamic centerline must remain within a volatility envelope. Volatility Envelope: Based on an ATR(2000) multiplied by a user-defined factor to account for broader market volatility trends. If both conditions are satisfied over the most recent length bars, a range box is drawn to visually anchor the zone. ⚪ Dynamic Breakout Coloring When price breaks out of the top or bottom of the active range box, the box color shifts in real-time: Blue Boxes represent areas where price has remained within a defined volatility envelope over a sustained number of bars. These zones reflect stable, low-volatility periods, often associated with consolidation, equilibrium, or market indecision. Green Boxes for bullish breakouts. Red Boxes for bearish breakdowns. This allows traders to visually spot transitions from consolidation to expansion phases without relying on lagging signals. █ Why Use a Weighted Close Instead of SMA? A standard Simple Moving Average (SMA) treats all past closes equally, which works well in theory, but not in dynamic, fast-shifting markets. In this script, we replace the traditional SMA with a speed-weighted average that reflects how aggressively the market has moved bar-to-bar. ⚪ Here's why it matters: Bars with higher momentum (larger price differences between closes) are given more weight. Slow, sideways candles (typical in noise or low volume) contribute less to the calculated centerline. This method creates a more accurate snapshot of market behavior, especially during volatile phases. As a result, the indicator adapts to market conditions more effectively, helping traders identify real consolidation zones, not just average lines distorted by flat bars or noise. █ How to Use ⚪ Range Detection Boxes form only when price remains consistently close to the speed-weighted mean. Helps identify sideways zones, consolidations, and low-volatility structures where price is “charging up.” ⚪ Breakout Confirmation Once price exits the top or bottom boundary, the box immediately highlights the direction of the break. Use this signal in conjunction with your own momentum, volume, or trend filters for higher-confidence trades. █ Settings Minimum Range Length: Number of candles required for a valid range to form. Range Width Multiplier: Adjusts the envelope around the weighted average using ATR(2000). Highlight Box Breaks: Enables real-time coloring of breakouts and breakdowns for immediate visual feedback. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script® Indikator
von Zeiierman
29
ATR RopeATR Rope is inspired by DonovanWall's "Range Filter". It implements a similar concept of filtering out smaller market movements and adjusting only for larger moves. In addition, this indicator goes one step deeper by producing actionable zones to determine market state. (Trend vs. Consolidation) > Background When reading up on the Range Filter indicator, it reminded me exactly of a Rope stabilization drawing tool in a program I use frequently. Rope stabilization essentially attaches a fixed length "rope" to your cursor and an anchor point (Brush). As you move your cursor, you are pulling the brush behind it. The cursor (of course) will not pull the brush until the rope is fully extended, this behavior filters out jittery movements and is used to produce smoother drawing curves. If compared visually side-by-side, you will notice that this indicator bears striking resemblance to its inspiration. > Goal Other than simply distinguishing price movements between meaningful and noise, this indicator strives to create a rigid structure to frame market movements and lack-there-of, such as when to anticipate trend, and when to suspect consolidation. Since the indicator works based on an ATR range, the resulting ATR Channel does well to get reactions from price at its extremes. Naturally, when consolidating, price will remain within the channel, neither pushing the channel significantly up or down. Likewise, when trending, price will continue to push the channel in a single direction. With the goal of keeping it quick and simple, this indicator does not do any smoothing of data feeds, and is simply based on the deviation of price from the central rope. Adjusting the rope when price extends past the threshold created by +/- ATR from the rope. > Features & Behaviors - ATR Rope ATR Rope is displayed as a 3 color single line. This can be considered the center line, or the directional line, whichever you'd prefer. The main point of the Rope display is to indicate direction, however it also is factually the center of the current working range. - ATR Rope Color When the rope's value moves up, it changes to green (uptrend), when down, red (downtrend). When the source crosses the rope, it turns blue (flat). With these simple rules, we've formed a structure to view market movements. - Consolidation Zones Consolidation Zones generate from "Flat" areas, and extend into subsequent trend areas. Consolidation is simply areas where price has crossed the Rope and remains inside the range. Over these periods, the upper and lower values are accumulated and averaged together to form the "Consolidation Zone" values. These zones are draw live, so values are averaged as the flat areas progress and don't repaint, so all values seen historically are as they would appear live. - ATR Channel ATR Channel displays the upper and lower bounds of the working range. When the source moves beyond this range, the rope is adjusted based on the distance from the source to the channel. This range can be extremely useful to view, but by default it is hidden. > Application This indicator is not created to provide signals, or serve as a "complete" system. (People who didn't read this far will still comment for signals. :) ) This is created to be used alongside manual interpretation and intuition. This indicator is not meant to constrain any users into a box, and I would actually encourage an open mind and idea generation, as the application of this indicator can take various forms. > Examples As you would probably already know, price movement can be fast impulses, and movement can be slow bleeds. In the screenshot below, we are using movements from and to consolidation zones to classify weak trend and strong trend. As you can see, there are also areas of consolidation which get broken out of and confirmed for the larger moves. Author's Note: In each of these examples, I have outlined the start and end of each session. These examples come from 1 Min Future charts, and have specifically been framed with day trading in mind. "Breakout Retest" or "Support/Resistance Flips" or "Structure Retests" are all generally the same thing, with different traders referring to them by different names, all of which can be seen throughout these examples. In the next example, we have a day which started with an early reversal leading into long, slow, trend. Notice how each area throughout the trend essentially moves slightly higher, then consolidates while holding support of the previous zone. This day had a few sharp movements, however there was a large amount of neutrality throughout this day with continuous higher lows. In contrast to the previous example, next up, we have a very choppy day. Throughout which we see a significant amount of retests before fast directional movements. We also see a few examples of places where previous zones remained relevant into the future. While the zones only display into the resulting trend area, they do not become immediately meaningless once they stop drawing. > Abstract In the screenshot below, I have stacked 2 of these indicators, using the high as the source for one and the low as the source for the other. I've hidden lines of the high and low channels to create a 4 lined channel based on the wicks of price. This is not necessary to use the indicator, but should help provide an idea of creative ways the simple indicator could be used to produce more complicated analysis. If you've made it this far, I would hope it's clear to you how this indicator could provide value to your trading. Thank you to DonovonWall for the inspiration. Enjoy!
Pine Script® Indikator
von SamRecio
11
Consolidation Range with Signals (Zeiierman)█ Overview Consolidation Range with Signals (Zeiierman) is a precision tool for identifying and trading market consolidation zones, where price contracts into tight ranges before significant movement. It provides dynamic range detection using either ADX-based trend strength or volatility compression metrics, and offers built-in take profit and stop loss signals based on breakout dynamics. Whether you trade breakouts, range reversals, or trend continuation setups, this indicator visualizes the balance between supply and demand with clearly defined mid-bands, breakout zones, and momentum-sensitive TP/SL placements. █ How It Works ⚪ Multi-Method Range Detection ADX Mode Uses the Average Directional Index (ADX) to detect low-trend-strength environments. When ADX is below your selected threshold, price is considered to be in consolidation. Volatility Mode This mode detects consolidation by identifying periods of volatility compression. It evaluates whether the following metrics are simultaneously below their respective historical rolling averages: Standard Deviation Variance Average True Range (ATR) ⚪ Dynamic Range Band System Once a range is confirmed, the system builds a dynamic band structure using a volatility-based filter and price-jump logic: Middle Line (Trend Filter): Reacts to price imbalance using adaptive jump logic. Upper & Lower Bands: Calculated by expanding from the middle line using a configurable multiplier. This creates a clean, visual box that reflects current consolidation conditions and adapts as price fluctuates within or escapes the zone. ⚪ SL/TP Signal Engine On detection of a breakout from the range, the indicator generates up to 3 Take Profit levels and one Stop Loss, based on the breakout direction: All TP/SL levels are calculated using the filtered base range and multipliers. Cooldown logic ensures signals are not spammed bar-to-bar. Entries are visualized with colored lines and labeled levels. This feature is ideal for traders who want automated risk and reward reference points for range breakout plays. █ How to Use ⚪ Breakout Traders Use the SL/TP signals when the price breaks above or below the range bands, especially after extended sideways movement. You can customize how far TP1, TP2, and TP3 sit from the entry using your own risk/reward profile. ⚪ Mean Reversion Traders Use the bands to locate high-probability reversion zones. These serve as reference zones for scalping or fade entries within stable consolidation phases. █ Settings Range Detection Method – Choose between ADX or Volatility compression to define range criteria. Range Period – Determines how many bars are used to compute trend/volatility. Range Multiplier – Scales the width of the consolidation zone. SL/TP System – Optional levels that project TP1/TP2/TP3 and SL from the base price using multipliers. Cooldown – Prevents repeated SL/TP signals from triggering too frequently. ADX Threshold & Smoothing – Adjusts sensitivity of trend strength detection. StdDev / Variance / ATR Multipliers – Fine-tune compression detection logic. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script® Indikator
von Zeiierman
12
Dynamic Range Filter with Trend Candlesticks (Zeiierman)█ Overview Dynamic Range Filter with Trend Candlesticks (Zeiierman) is a volatility-responsive trend engine that adapts in real-time to market structure, offering a clean and intelligent visualization of directional bias. It blends dynamic range calculation with customizable smoothing techniques and layered trend confirmation logic, making it ideal for traders who rely on clear trend direction, structural range analysis, and momentum-based candlestick signals. By measuring scaled volatility over configurable lengths and applying advanced moving average techniques, this indicator filters out market noise while preserving true directional intent. Complementing this, a dual-trend system (range-based and candle-based) enhances clarity and responsiveness, particularly during shifting market conditions. █ How It Works ⚪ Scaled Volatility Band Calculation At the core lies a volatility engine that constructs adaptive range bands around price using smoothed high/low calculations. The bands are dynamically adjusted using: High/Low Smoothing – Applies a moving average to the raw high and low data before calculating the range. Scaled Range Volatility – A 2.618 multiplier scales the distance between smoothed highs and lows, forming a responsive volatility envelope. Band Multiplier – Controls how wide the upper/lower range bands extend from the mean. This filtering process minimizes false signals and highlights only structurally meaningful moves. ⚪ Multi-Type Smoothing Engine Users can choose from a wide array of smoothing algorithms for trend construction, including: HMA (default), SMA, EMA, RMA KAMA – Adapts to market volatility using efficiency ratios. VIDYA – Momentum-sensitive smoothing using CMO logic. FRAMA – Dynamically adjusts to fractal dimension in price. Super Smoother – Ideal for eliminating aliasing in range signals. This provides the trader with fine-tuned control over reactivity vs. smoothness. ⚪ Trend Detection (Dual Engine) The indicator includes two independent trend tracking systems: Main Trend Filter – Based on adaptive volatility band shifts. Candle Trend Filter – A second-tier confirmation using smoothed candle data, ideal for directional candles and confirmation entries. █ How to Use ⚪ Trend Confirmation Use the Trend Line and colored candlesticks for high-probability entries in the trend direction. The more trend layers that align, the higher the confidence. ⚪ Reversal Zones When the price reaches the outer bands or fails to break them, look for candle color shifts or a crossover in the range to anticipate possible reversals or consolidations. █ Settings Scaled Volatility Length – Controls the lookback used to stabilize the base volatility band. MA Type & Length – Choose and fine-tune the smoothing method (HMA, EMA, KAMA, etc.) High/Low Smoother – Pre-smoothing for structural high/low banding. Band Multiplier – Adjusts the width of the dynamic bands. Trend Length (Candles) – Length used for candle-based trend confirmation. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script® Indikator
von Zeiierman
5
Volatility-Volume Index (VVI)Volatility-Volume Index (VVI) – Indicator Description The Volatility-Volume Index (VVI) is a custom trading indicator designed to identify market consolidation and anticipate breakouts by combining volatility (ATR) and trading volume into a single metric. How It Works Measures Volatility : Uses a 14-period Average True Range (ATR) to gauge price movement intensity. Tracks Volume : Monitors trading activity to identify accumulation or distribution phases. Normalization : ATR and volume are normalized using their respective 20-period Simple Moving Averages (SMA) for a balanced comparison. ​ Interpretation VVI < 1: Low volatility and volume → Consolidation phase (range-bound market). VVI > 1: Increased volatility and/or volume → Potential breakout or trend continuation. How to Use VVI Detect Consolidation: Look for extended periods where VVI remains below 1. Confirm with sideways price movement in a narrow range. Anticipate Breakouts: A spike above 1 signals a possible trend shift or breakout. Why Use VVI? Unlike traditional volatility indicators (ATR, Bollinger Bands) or volume-based tools (VWAP), VVI combines both elements to provide a clearer picture of consolidation zones and breakout potential.
Pine Script® Indikator
von evanmilo029
1
Advanced Pivot Manipulation SuperTrend - Consolidation ZoneHere’s the description translated into English for your TradingView publication: --- Advanced Pivot Manipulation SuperTrend - Consolidation Zone Description : This advanced indicator combines multiple technical tools to provide a comprehensive analysis of trends, key levels, and consolidation zones. Ideal for traders seeking to spot opportunities while avoiding the traps of flat markets, it helps you better understand market dynamics and improve your trading decisions. Key Features: 1. Dynamic SuperTrend with Pivot Points: - An enhanced SuperTrend algorithm based on pivot points for more precise trend tracking. - Thresholds (Up/Dn) are dynamically adjusted using ATR (Average True Range) for improved volatility adaptation. 2. Consolidation Zones: - Automatically identifies periods when the market moves within a narrow range (1% by default). - Consolidation zones are visually highlighted to help avoid risky trades. 3. Dynamic Support and Resistance: - Automatically calculates support and resistance levels based on a rolling period (configurable). - These levels serve as key references for potential breakouts or trend reversals. 4. Advanced Detection Tools: - Includes a volume multiplier and shadow-to-body ratio to signal unusual or potentially manipulated moves (e.g., spoofing). 5. Intuitive Visuals: - SuperTrend lines are color-coded to indicate bullish (green) or bearish (red) trends. - Semi-transparent lines mark support and resistance levels, and red backgrounds indicate consolidation zones. Customizable Parameters: - Pivot Point Period: Adjust the period for detecting pivot highs and lows. - ATR Factor and Period: Control the sensitivity of the SuperTrend indicator. - Lookback Period for S/R: Define the duration for calculating support and resistance levels. - Volume Multiplier and Shadow/Body Ratio: Configure thresholds for detecting high volumes or anomalies in candlestick patterns. How to Use: - Easily identify dominant trends using the SuperTrend. - Spot consolidation zones to avoid inefficient trades or prepare breakout strategies. - Use support and resistance levels as reference points for placing orders or adjusting risk management. Target Audience: - Intraday and swing traders. - Anyone looking for a comprehensive and customizable indicator to effectively analyze volatile markets. --- Notes: The indicator is fully customizable to suit your needs and strategies. Feel free to experiment with the parameters to maximize its effectiveness according to your trading style. Keywords: SuperTrend, Support and Resistance, Consolidation, Pivot Points, Trends, ATR, Advanced Trading. --- This description highlights the indicator’s strengths and is designed to appeal to the TradingView community.
Pine Script® Indikator
von MyFxPro-Sh
Effective Volume (ADV) v3Effective Volume (ADV) v3: Enhanced Accumulation/Distribution Analysis Tool This indicator is an updated version of the original script by cI8DH, now upgraded to Pine Script v5 with added functionality, including the Volume Multiple feature. The tool is designed for analyzing Accumulation/Distribution (A/D) volume, referred to here as "Effective Volume," which represents the volume impact in alignment with price direction, providing insights into bullish or bearish trends through volume. Accumulation/Distribution Volume Analysis : The script calculates and visualizes Effective Volume (ADV), helping traders assess volume strength in relation to price action. By factoring in bullish or bearish alignment, Effective Volume highlights points where volume strongly supports price movements. Volume Multiple Feature for Volume Multiplication : The Volume Multiple setting (default value 2) allows you to set a multiplier to identify bars where Effective Volume exceeds the previous bar’s volume by a specified factor. This feature aids in pinpointing significant shifts in volume intensity, often associated with potential trend changes. Customizable Aggregation Types : Users can choose from three volume aggregation types: Simple - Standard SMA (Simple Moving Average) for averaging Effective Volume Smoothed - RMA (Recursive Moving Average) for a less volatile, smoother line Cumulative - Accumulated Effective Volume for ongoing trend analysis Volume Divisor : The “Divide Vol by” setting (default 1 million) scales down the Effective Volume value for easier readability. This allows Effective Volume data to be aligned with the scale of the price chart. Visualization Elements Effective Volume Columns : The Effective Volume bar plot changes color based on volume direction: Green Bars : Bullish Effective Volume (volume aligns with price movement upwards) Red Bars : Bearish Effective Volume (volume aligns with price movement downwards) Moving Average Lines : Volume Moving Average - A gray line representing the moving average of total volume. A/D Moving Average - A blue line showing the moving average of Accumulation/Distribution (A/D) Effective Volume. High ADV Indicator : A “^” symbol appears on bars where the Effective Volume meets or exceeds the Volume Multiple threshold, highlighting bars with significant volume increase. How to Use Analyze Accumulation/Distribution Trends : Use Effective Volume to observe if bullish or bearish volume aligns with price direction, offering insights into the strength and sustainability of trends. Identify Volume Multipliers with Volume Multiple : Adjust Volume Multiple to track when Effective Volume has notably increased, signaling potential shifts or strengthening trends. Adjust Volume Display : Use the volume divisor setting to scale Effective Volume for clarity, especially when viewing alongside price data on higher timeframes. With customizable parameters, this script provides a flexible, enhanced perspective on Effective Volume for traders analyzing volume-based trends and reversals.
Pine Script® Indikator
von luc_crypto
Range Tightening Indicator (RTI)The Range Tightening Indicator (RTI) quantifies price volatility relative to recent price action, helping traders identify low-volatility consolidations that often precede breakouts. Range Tightening is calculated by measuring the range between each bar’s high and low prices over a chosen lookback period. A 5-bar period is recommended for shorter-term momentum setups and a 15-bar period is recommended for swing trading. An option for a custom period is available to suit specific strategies. The default look back for custom is 50, ideal for longer term traders. Other Key Features: Dynamic Color Coding: The RTI line turns green when volatility doubles after a drop to or below 20, flagging significant volatility shifts commonly seen before breakouts. Low-Volatility Dots: Orange dots appear on the RTI line when two or more consecutive bars show RTI values below 20, visually marking extended low-volatility periods. Volatility Zones: Shaded zones provide quick context: Zone 1 (0-5): Extremely tight volatility, shown in red. Zone 2 (5-10): Low volatility, shown in light green. Zone 3 (10-15): Moderate low volatility, shown in green. The RTI indicator is ideal for traders looking to anticipate breakout conditions, with features that highlight consolidation phases, support momentum strategies, and help improve entry timing by focusing on shifts in volatility. This indicator was inspired after Deepvue's RMV Indicator, but uses a different calculation. Results may vary.
Pine Script® Indikator
von Ollie_AllCaps
11
Candle Range Detector [UAlgo]The "Candle Range Detector " is a Pine Script™ indicator designed to identify trading opportunities based on the concept of price consolidation and breakout. It analyzes the price range of a specified number of previous candles and detects when subsequent candles stay within that range (consolidation). The indicator then highlights potential breakouts above or below the range and provides calculated Take Profit (TP) and Stop Loss (SL) levels based on your chosen method (percentage or Average True Range - ATR). 🔶 Key Features Configurable Range: Define the minimum number of candles required to establish a valid price range. Breakout Detection: Identify potential breakouts above or below the established range based on your selection (close price or wick). Take Profit & Stop Loss Levels: The indicator calculates TP and SL levels based on your chosen method (percentage or ATR) and user-defined multipliers. The calculated TP and SL levels are visualized as horizontal lines with corresponding labels ("Take Profit" and "Stop Loss"). Optional Count Display: You can choose to display the number of candles currently within the range. 🔶 Disclaimer: Not Financial Advice: This indicator is intended for educational and informational purposes only. It does not constitute financial advice or recommendations to buy, sell, or hold any financial instruments. Use at Own Risk: Trading involves substantial risk of loss and is not suitable for all investors. Users of this indicator should exercise caution and conduct their own research and analysis before making any trading decisions. Performance Not Guaranteed: Past performance is not indicative of future results. While the indicator aims to assist traders in analyzing market trends, there is no guarantee of accuracy or success in trading operations. 🔷 Related Scripts Range Finder
Pine Script® Indikator
von UAlgo
7
Wave Consolidation [LuxAlgo]The Wave Consolidation indicator uses market profiles to highlight consolidation zones based on upward and downward moves determined when a Higher-High or Lower-Low is created. Users can control the amount of consolidation zones to display and the sensitivity of the swing point detection used to return those zones. 🔶 USAGE These zones are intended as areas of interest to traders where price has seen historical interactions, which can be interpreted as support and resistance. By identifying these areas of interest before the price returns to them, traders are able to anticipate and prepare for various scenarios and respond dynamically to the behavior of the market, as seen below. Rejection: A quick move away from the zone may indicate that the area is either overvalued or undervalued, leading to a fast movement in the opposite direction. Breakthrough: Moving beyond a zone could indicate acceptance at that specific price, potentially signaling a shift in momentum or the start of a new trend. In a strong major trend, zones created from smaller trends could be used as price targets for taking profit and managing risk. Consolidation: Holding these zones might suggest a market in balance at these levels, this could lead to opportunities for range-bound trading. Below is an example of the Rejection and Consolidation scenarios described above. Note: By analyzing the tests and retests of these zones, traders can also gain further insight into where participants are interacting in the market. 🔶 DETAILS The full process for acquiring and managing these zones is described in the sub-sections below. 🔹 Creation By only considering market movements creating a higher-high or lower-low, we can identify meaningful, directional, moves which can then be used to calculate zones. Once a move is identified, the script calculates a volume profile spanning the length of the given move. The width of the zones is determined starting from the POC of the profile and expanding outwards until the value of the profile's row falls below the profile's average. Note: By increasing the "Multiplier" Input, Users can increase the threshold the script uses to determine zone width in multiples of Standard Deviations above the Average. While this area is similar to a VP Value Area, it is not intended to replicate a value zone. The calculation is not concerned with capturing any % of the total profile's volume within the zone and only analyzes based on a fixed inclusion threshold. 🔹 Management To keep clutter to a minimum, If a new zone overlaps a recently created zone, the zones are grouped as one. This is especially helpful in areas where prices are ranging, creating multiple zones in a very similar area. Zones before management: Zones after management: 🔹 Deletion Just because a zone is crossed, does not make it immediately unimportant! Once a Zone is mitigated (crossed in the opposite direction of its bias) it is reduced to a single dotted line representing the outer threshold for the zone. These lines are important to watch, as the price will often retest a break. For this reason, they will stay on the chart until the next swing point is detected when they will finally be deleted for good. Below is an example of activity around a broken zone before it is deleted. Below is the same example 2bBars later , once the new swing is confirmed, the dotted lines are deleted and new zones are created. Notice how the newly formed resistance zone is in the same area where we noticed sellers previously. 🔶 SETTINGS 🔹 Structure Display Structure: Determines if swing structures are displayed. Structure Length: Sets Length for structure identification. 🔹 Zones Volume-Based Calculations: Opt to use a "Volume" based Profile Calculation instead of the default "Price Action" based Calculation. Display Count: Sets the specific number of bullish and bearish zones to display on the chart. Multiplier: Sets the multiplier to use for the value cut-off for determining zone boundaries. 🔹 Style Display Average Lines: Toggles on/off the average (mid) lines for the zones.
Pine Script® Indikator
von LuxAlgo
18
Consolidation Score ScreenerIn trading, a consolidation range is like a timeout after a big move in the price of a stock or symbol. It's when the market takes a breather, neither pushing the price up nor down too hard. Visually, it looks like the price moving sideways on a chart , with highs and lows staying within a certain range. so this indicator is created to help myself and you decide if its a ranging market and what's the score of that consolidation range The score ranges between 0 and 10 , where 10 is the max consolidation score , meaning this stock or the symbol is at its highest peak of consolidation . What would you see using this indicator ? Symbols circles , inside these circles it will print the consolidation score .. in the middle of the indicator it will show the range of all the 20 symbols scores . so it will give you like overall ranging value for your 20 symbols Settings : TimeFrame : TimeFrame input to select which time frame you want your indicator to analysis Range length : The Range that you would want your indicator to take into consideration when doing its analysis . Features : 20 symbols analysis Multi timeframe capability Enjoy .
Pine Script® Indikator
von TZack88
4
Range Finder [UAlgo]🔶 Description: The "Range Finder " indicator aims at identifying and visualizing price ranges within a specified number of candles. By utilizing the Average True Range (ATR) indicator and Simple Moving Average (SMA), it detects potential breakout conditions and tracks consecutive candles that remain within the breakout range. This indicator offers flexibility by allowing users to customize settings such as range length, method for determining range breaks (based on either candle close or wick), and visualization options for displaying range breaks on the chart. 🔶 Key Features Identifying Ranges: The Range Finder automatically adapts to the market by continuously evaluating the Average True Range (ATR) and its Simple Moving Average (SMA). This helps in dynamically adjusting the range based on market volatility. Range Length: Users can specify the number of candles to be used for constructing the range via the "Range Length" input setting. This allows for customization based on trading strategies and preferences. Range Break Method: The indicator offers the flexibility to choose between two methods for identifying range breaks. Users can select between "Close" or "Wick" based on their preference for using the closing price or the highs and lows (including wicks) of candles for defining the breakout. Show Range Breaks: This option enables visual representation of range breaks on the chart. When activated, labels with the letter "B" will appear at the breakout point, colored according to the breakout direction (upward breakouts in the chosen up range color and downward breakouts in the chosen down range color). Range Color Customization: The indicator provides the ability to personalize the visual appearance of the range by selecting preferred colors for ranges indicating potential upward and downward breakouts. 🔶 Disclaimer It's important to understand that the Range Finder indicator is intended for informational purposes only and should not be solely relied upon for making trading decisions. Trading financial instruments involves inherent risks, and past performance is not necessarily indicative of future results.
Pine Script® Indikator
von UAlgo
4
Consolidation indicator█  Overview The "Consolidation Indicator" is a custom indicator for TradingView designed to identify consolidation periods in the price chart. Consolidation typically occurs when the price of an asset moves within a narrow range, and this indicator helps traders recognize such conditions. It can be a useful tool for traders looking to identify potential breakouts or periods of reduced volatility. █  Indicator Settings 1 — Timeframe: This setting allows you to select the timeframe for which you want to analyze consolidation. You can choose from various timeframes available in TradingView. 2 — Price Smoothing Length: This parameter controls the smoothing of price data. You can adjust the value, with a minimum of 1, to control the level of smoothing applied to the price data. 3 — Average Range Length (range_len): This setting defines the length of the average range used in the calculation of the indicator. By default, it is set to 14. 4 — Threshold for Narrow Range (NR_threshold): The indicator will consider a price range as narrow if it falls below this threshold as a percentage of the average range. It is set to 80% by default. 5 — Consecutive Narrow Ranges for Consolidation: This parameter allows you to specify how many consecutive narrow price ranges are required to confirm a consolidation period. The default value is 3. 6 — Candle Color: You can choose the color for the consolidation candles. The default is a bright green color. █  Indicator Output The indicator visually displays consolidation and breakout periods on the price chart using colored candles and breakout icons. • Candles: During a consolidation period, the indicator colorizes the candles in a specified color (default is green) with a transparency that decreases as the number of consecutive narrow ranges increases. This allows you to easily spot consolidation periods on the chart. • Breakout Icons: The indicator also places a breakout icon (💥) below the price chart to indicate potential breakout opportunities. When a breakout condition is met, the icon appears with an orange color. █  Alerts The indicator provides two alert conditions: 1 — Consolidation Begins: This alert triggers when a consolidation period starts. It indicates that the price is moving within a narrow range compared to the average range. 2 — Breakout: This alert triggers when a potential breakout from the consolidation is detected. █  How to Use 1 — Apply the "Consolidation Indicator" to your TradingView chart by adding it as a custom indicator. 2 — Customize the indicator settings based on your trading preferences, such as timeframe, smoothing length, and threshold for a narrow range. 3 — Monitor the chart for colored candles. The indicator will color candles to highlight consolidation periods. 4 — Look for the breakout icon (💥) below the chart, which indicates potential breakout opportunities. 5 — Set up alerts to be notified when a consolidation begins or a breakout is detected, helping you stay on top of potential trading opportunities. Keep in mind that this indicator is a tool to assist in identifying consolidation periods, and it should be used in conjunction with other analysis methods for comprehensive trading decisions.
Pine Script® Indikator
von cyatophilum
12
Search for consolidations - AstroHubThe indicator is designed to identify consolidation periods on the chart of a trading instrument. Key factors and parameters to consider when using this indicator: 1. Consolidation length (consol_length): This parameter allows you to set the length of the period in which consolidation will be sought. The higher the value, the longer consolidation periods will be taken into account. The recommended value is 20. 2. Calculation of the mathematical model: The indicator is based on a mathematical model that calculates the average price range (avg_range) within the specified consolidation period. Then, the exponential moving average of the obtained values is averaged (ta.rma) to obtain consolidation. If the price range is smaller than the consolidation value, the current period is considered consolidation. 3. Chart display: The program allows you to display consolidation on the chart as a label (plotshape) beneath the candlesticks. Consolidation will be shown in blue with the label "Consolidation". The indicator is placed below the current candlesticks. How to use the indicator: 1. Load the script into your market analysis platform (e.g. TradingView). 2. Set the desired consolidation length (consol_length). 3. The indicator will automatically calculate consolidation based on the specified length. 4. Blue labels with the text "Consolidation" will be displayed on the chart for each consolidation period. Important points to consider when using this indicator: 1. The indicator does not predict the direction of price movement after consolidation. It only shows consolidation periods on the chart. 2. The results of the indicator may vary depending on the chosen consolidation length. It is recommended to conduct several experiments with different values to find the optimal period for the instrument and timeframe. I hope this description helps you better understand and assess the functionality and application of this indicator. Good luck with your usage!
Pine Script® Indikator
von AstroHub
TrendCylinder (Expo)█ Overview The TrendCylinder is a dynamic trading indicator designed to capture trends and volatility in an asset's price. It provides a visualization of the current trend direction and upper and lower bands that adapt to volatility changes. By using this indicator, traders can identify potential breakouts or support and resistance levels. While also gauging the volatility to generate trading ranges. The indicator is a comprehensive tool for traders navigating various market conditions by providing a sophisticated blend of trend-following and volatility-based metrics. █ How It Works Trend Line: The trend line is constructed using the closing prices with the influence of volatility metrics. The trend line reacts to sudden price changes based on the trend factor and step settings. Upper & Lower Bands: These bands are not static; they are dynamically adjusted with the calculated standard deviation and Average True Range (ATR) metrics to offer a more flexible, real-world representation of potential price movements, offering an idea of the market's likely trading range. █ How to Use Identifying Trends The trend line can be used to identify the current market trend. If the price is above the trend line, it indicates a bullish trend. Conversely, if the price is below the trend line, it indicates a bearish trend. Dynamic Support and Resistance The upper and lower bands (including the trend line) dynamically change with market volatility, acting as moving targets of support and resistance. This helps set up stop-loss or take-profit levels with a higher degree of accuracy. Breakout vs. Reversion Strategies Price movements beyond the bands could signify strong trends, making it ideal for breakout strategies. Fakeouts If the price touches one of the bands and reverses direction, it could be a fakeout. Traders may choose to trade against the breakout in such scenarios. █ Settings Volatility Period: Defines the look-back period for calculating volatility. Higher values adapt the bands more slowly, whereas lower values adapt them more quickly. Trend Factor: Adjusts the sensitivity of the trend line. Higher values produce a smoother line, while lower values make it more reactive to price changes. Trend Step: Controls the pace at which the trend line adjusts to sudden price movements. Higher values lead to a slower adjustment and a smoother line, while lower values result in quicker adjustments. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Pine Script® Indikator
von Zeiierman
13
Consolidation Spotter Multi Time FrameThis tool is designed for traders looking to spot areas of consolidation on their charts across various time frames. It highlights these consolidation areas using visually appealing boxes, making it easier to identify potential breakout or breakdown zones. How To Use: Spotting Consolidation: When you see a box form on your chart, this represents a consolidation zone. Within this zone, the price is moving sideways without a strong upward or downward trend. Anticipating Breakouts & Breakdowns: Watch the price as it approaches the edges of the box. A movement outside the box can signal a potential breakout (if above the box) or a breakdown (if below the box). This is where momentum shifts can happen. Momentum Confirmation: Once the price clearly moves out of the box, it indicates a momentum shift. If the price moves upwards out of the box, this can be seen as bullish momentum. Conversely, if the price moves downwards out of the box, this can be seen as bearish momentum. To use the tool effectively, adjust the settings to suit your trading style, choose your preferred visual theme, and watch as the script highlights key consolidation areas on your chart. Tip: To visualize fractals, consider using multiple instances of the "Consolidation Spotter" indicator, each set to a different timeframe. This approach allows you to observe consolidations nested within larger consolidations, offering deeper insights into market structures. 😉
Pine Script® Indikator
von farkasszilard
11
Consolidation Finder Expo [serkany88]It's relatively easy to create a repainting system where you can detect consolidation but it can be pretty hard to detect breakouts while the consolidation is happening live. This experimental approach came to my mind after brainstorming a bit. What it does This indicator DOES NOT REPAINT and try to show consolidation zones by coloring the bars or background to a selected color(default white) How it works In this approach we use weighted standard deviation of Vidya (Variable Index Dynamic Average created by Tushar Chande). The reason we use vidya is it's length is actually being adapted to volatility and lookback is dynamically adjusted. After getting vidya of base we also create same length vidya of high's and low's and get weighted standard deviation of those. After this we add and subtract those with base vidya and and get their average with our multiplier weight starting from the first bar. If our current value is higher than the average it means we are not in consolidation, else we are thus the bar and background will be painted. How to use Consolidation Finder can be used with your existing bot strategy as an additional filter or can be used with your manual trading system as an additional filter or detect breakouts. But be aware that you might need to tinker with length and multipliers in the settings depending on your timeframe to get best results possible before using it reliably. You can also enable the plots of vidya's from the style tab which is disabled by default to see how the deviations actually move if you are interested in it.
Pine Script® Indikator
von serkany88
3