Granular Candle-by-Candle VWAPGranular Candle-by-Candle VWAP is a customizable Volume Weighted Average Price (VWAP) indicator designed for TradingView. Unlike traditional VWAP indicators that operate on the chart's primary timeframe, this script enhances precision by incorporating lower timeframe (e.g., 1-minute) data into VWAP calculations. This granular approach provides traders with a more detailed and accurate representation of the average price, accounting for intra-bar price and volume movements. The indicator dynamically adjusts to the chart's current timeframe and offers a range of customization options, including price type selection, visual styling, and alert configurations.
Customizable Features
Users have extensive control over various aspects of the Granular Candle-by-Candle VWAP indicator. Below are the key features that can be customized to align with individual trading preferences:
🎛️ Customizable Features
Users have extensive control over various aspects of the Granular Candle-by-Candle VWAP indicator. Below are the key features that can be customized to align with individual trading preferences:
🔢 Lookback Period
Description: Defines the number of lower timeframe bars used in the VWAP calculation.
Customization:
Input: VWAP Lookback Period (Number of Lower Timeframe Bars)
Default Value: 20 bars
Range: Minimum of 1 bar
Purpose: Allows traders to adjust the sensitivity of the VWAP. A smaller lookback period makes the VWAP more responsive to recent price changes, while a larger period smoothens out fluctuations.
📈 Price Type Selection
Description: Determines which price metric is used in the VWAP calculation.
Customization:
Input: Price Type for VWAP Calculation
Options:
Open: Uses the opening price of each lower timeframe bar.
High: Uses the highest price of each lower timeframe bar.
Low: Uses the lowest price of each lower timeframe bar.
Close: Uses the closing price of each lower timeframe bar.
OHLC/4: Averages the Open, High, Low, and Close prices.
HL/2: Averages the High and Low prices.
Typical Price: (High + Low + Close) / 3
Weighted Close: (High + Low + 2 × Close) / 4
Default Value: Close
Purpose: Offers flexibility in how the average price is calculated, allowing traders to choose the price metric that best fits their analysis style.
🕒 Lower Timeframe Selection
Description: Specifies the lower timeframe from which data is fetched for granular VWAP calculations.
Customization:
Input: Lower Timeframe for Granular Data
Default Value: 1 minute ("1")
Options: Any valid TradingView timeframe (e.g., "1", "3", "5", "15", etc.)
Purpose: Enables traders to select the granularity of data used in the VWAP calculation, enhancing the indicator's precision on higher timeframe charts.
🎨 VWAP Line Customization
Description: Adjusts the visual appearance of the VWAP line based on price position relative to the VWAP.
Customizations:
Color When Price is Above VWAP:
Input: VWAP Color (Price Above)
Default Value: Green
Color When Price is Below VWAP:
Input: VWAP Color (Price Below)
Default Value: Red
Line Thickness:
Input: VWAP Line Thickness
Default Value: 2
Range: Minimum of 1
Line Style:
Input: VWAP Line Style
Options: Solid, Dashed, Dotted
Default Value: Solid
Purpose: Enhances visual clarity, allowing traders to quickly assess price positions relative to the VWAP through color coding and line styling.
🔔 Alerts and Notifications
Description: Provides real-time notifications when the price crosses the VWAP.
Customizations:
Enable/Disable Alerts:
Input: Enable Alerts for Price Crossing VWAP
Default Value: Enabled (true)
Alert Conditions:
Price Crossing Above VWAP:
Trigger: When the closing price crosses from below to above the VWAP.
Alert Message: "Price has crossed above the Granular VWAP."
Price Crossing Below VWAP:
Trigger: When the closing price crosses from above to below the VWAP.
Alert Message: "Price has crossed below the Granular VWAP."
Purpose: Keeps traders informed of significant price movements relative to the VWAP, facilitating timely trading decisions.
📊 Plotting and Visualization
Description: Displays the calculated Granular VWAP on the chart with user-defined styling.
Customization Options:
Color, Thickness, and Style: As defined in the VWAP Line Customization section.
Track Price Feature:
Parameter: trackprice=true
Function: Ensures that the VWAP line remains visible even when the price moves far from the VWAP.
Purpose: Provides a clear and persistent visual reference of the VWAP on the chart, aiding in trend analysis and support/resistance identification.
⚙️ Performance Optimizations
Description: Ensures the indicator runs efficiently, especially on higher timeframes with large datasets.
Strategies Implemented:
Minimized Security Calls: Utilizes two separate request.security calls to fetch necessary data, balancing functionality and performance.
Efficient Calculations: Employs built-in functions like ta.sum for rolling calculations to reduce computational load.
Conditional Processing: Alerts are processed only when enabled, preventing unnecessary computations.
Purpose: Maintains smooth chart performance and responsiveness, even when using lower timeframe data for granular calculations.
Indikatoren und Strategien
Swing Percentile Lines [QuantVue]The Swing High/Low Percentile Indicator is designed to help traders identify key price levels based on the most recent swing high and low. By anchoring to the most recent swing high and swing low, the indicator automatically generates percentile lines ( 25%, 50%, 75%) that act as dynamic support and resistance levels.
What Does the Indicator Do?
The Swing High/Low Percentile Indicator works by identifying the most recent significant price swings, whether it's a swing high or swing low. It then calculates the range between these points and divides the distance into percentage-based levels. These levels are plotted on the chart as clear, easy-to-read lines at 25%, 50%, and 75% of the range between the swing high and low.
These percentile lines serve as dynamic price zones where traders can anticipate potential reactions, whether the market is trending or consolidating.
How Can Traders Use the Indicator?
Support and Resistance: The percentile lines act as evolving support and resistance zones. Traders can anticipate price bounces or breaks at these levels, providing opportunities for trend-following or reversal trades.
Trend Identification: The indicator helps traders determine the strength of a trend. In a strong uptrend, price will likely stay above the 50% or 75% lines, while in a downtrend, it may remain below the 50% or 25% lines. This gives traders an edge in recognizing the overall market direction.
Entry and Exit Points: Traders can use the percentile lines to time their entries and exits. For example, entering a trade on a pullback to the 25% or 50% line offers a favorable risk-to-reward ratio. Similarly, the percentile lines serve as natural profit targets, allowing traders to plan exits as the price approaches the 50% or 75% levels.
Risk Management: The clear delineation of price levels makes it easy for traders to set stop-loss orders. For example, if price falls below the 25% line in an uptrend, it may signal weakness, prompting an exit or reduced position size.
Breakout and Breakdown Scenarios: When price breaks above a recent swing high or below a swing low, the percentile lines provide traders with pullback entry opportunities or key levels to watch for continuation of the move.
BB MTF FVGs & First PresentedBB MTF FVGs with First Presented FVG Highlight
The BB MTF FVGs with First Presented FVG Highlight indicator is an advanced trading tool designed to help users identify and monitor Fair Value Gaps (FVGs) across multiple timeframes, offering traders deep insight into market structure and liquidity imbalances. With the ability to track up to three distinct timeframes (e.g., 1-minute, 1-hour, and 1-day), this indicator provides a comprehensive multi-level perspective, helping traders recognize critical support and resistance areas based on liquidity gaps. Additionally, it highlights the first FVG that presents after a specific time each day, making it especially useful for traders who prioritize session starts or key time-based market activity.
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Key Features
1. Multi-Timeframe FVG Detection on Three Levels:
• Track FVGs on three user-defined timeframes for a robust view of liquidity gaps across intraday, intermediate, and higher timeframes. For instance, you could set up 1-minute, 1-hour, and 1-day timeframes to capture the market’s behavior from granular intraday action to daily structural gaps. Each timeframe is fully customizable, and users can enable or disable individual levels as needed.
2. Price Action-Driven FVG Status Analysis:
• The indicator continuously monitors price action to assess the state of each FVG. FVGs are dynamically styled based on their status:
• Untouched: FVGs with solid borders indicate that price has not yet traded into the gap.
• Mitigated: If price partially fills or “mitigates” an FVG, its borders turn dotted, providing visual feedback that the gap has seen some interaction.
• Inverted: When an FVG is fully invalidated by price moving completely through it, the border is removed, signaling the inversion. This real-time analysis gives traders instant feedback on the status of each FVG, helping them quickly assess active, mitigated, or invalidated zones.
3. Highlighting the First FVG After a Specified Time:
• A unique feature that highlights the first FVG presented after a specified time (e.g., 9:30 AM) each day, making it easy for traders to focus on session-based FVGs that could impact market direction. This feature is especially valuable for those tracking the opening range or specific session periods.
4. Configurable FVG Extension Options:
• The indicator offers flexible settings to control how long each FVG remains extended across the chart. Users can choose to extend until the first mitigation, until full mitigation, until inversion, or opt for no extension. This allows traders to adjust FVG visibility duration based on their strategy and trading style.
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Customizable User Inputs
The BB MTF FVGs with First Presented FVG Highlight indicator includes various customization options for a personalized experience:
• Three Configurable Timeframes for FVG Tracking:
• Timeframe 1: Primary timeframe, like 1 minute, to capture short-term gaps.
• Timeframe 2: Secondary timeframe, such as 1 hour, to observe intraday market structure.
• Timeframe 3: Higher timeframe, like 1 day, to track major gaps with a longer-term impact. Each timeframe is independently customizable, allowing users to tailor their multi-timeframe FVG setup to fit their trading approach.
• Session-Based First FVG Highlighting:
• Highlight Type: Select whether to highlight only the first FVG presented after the defined time, display it with other FVGs, or turn off the highlight feature.
• Start and End Time for First Highlighted FVG: Specify the start and end time (e.g., 9:30 AM to 10:30 AM) for highlighting the first FVG, enabling a session-focused approach.
• Plotting Control for Forming FVGs:
• Forming FVG Display: Enable or disable forming FVGs for each timeframe, allowing traders to track potential gaps as they start to appear before confirmation.
• Color and Style Customization:
• FVG Colors: Define colors for long and short FVGs on each timeframe for visual clarity. Additionally, set the highlight color for the first FVG to make it stand out.
• Border Styling Based on FVG Status: The indicator’s dynamic border styling provides a clear visual status for each FVG:
• Solid borders for untouched FVGs.
• Dotted borders for mitigated FVGs.
• Borderless display for inverted FVGs.
• Flexible FVG Extension Duration:
• Choose the extension behavior for FVGs based on preferred criteria: extending until first mitigation, keeping them until fully mitigated, extending until inversion, or selecting no extension. This flexibility is ideal for traders who want to adapt FVG visibility to specific conditions.
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Technical Details
This indicator leverages precise, real-time calculations to monitor price interactions with each FVG, ensuring clarity and accuracy across multiple timeframes without duplicate or redundant displays. It offers traders a powerful way to track liquidity gaps at various market levels with the added benefit of immediate visual feedback on gap status.
On Balance Volume Oscillator of Trading Volume TrendOn Balance Volume Oscillator of Trading Volume Trend
Introduction
This indicator, the "On Balance Volume Oscillator of Trading Volume Trend," is a technical analysis tool designed to provide insights into market momentum and potential trend reversals by combining the On Balance Volume (OBV) and Relative Strength Index (RSI) indicators.
Calculation and Methodology
* OBV Calculation: The indicator first calculates the On Balance Volume, which is a cumulative total of the volume of up days minus the volume of down days. This provides a running tally of buying and selling pressure.
* RSI of OBV: The RSI is then applied to the OBV values to smooth the data and identify overbought or oversold conditions.
* Exponential Moving Averages (EMAs): Two EMAs are calculated on the RSI of OBV. A shorter-term EMA (9-period in this case) and a longer-term EMA (100-period) are used to generate signals.
Interpretation and Usage
* EMA Crossovers: When the shorter-term EMA crosses above the longer-term EMA, it suggests increasing bullish momentum. Conversely, a downward crossover indicates weakening bullish momentum or increasing bearish pressure.
* RSI Divergences: Divergences between the price and the indicator can signal potential trend reversals. For example, if the price is making new highs but the indicator is failing to do so, it could be a bearish divergence.
* Overbought/Oversold Conditions: When the RSI of OBV is above 70, it suggests the market may be overbought and a potential correction could be imminent. Conversely, when it is below 30, it suggests the market may be oversold.
Visual Representation
The indicator is plotted on a chart with multiple lines and filled areas:
* Two EMAs: The shorter-term EMA and longer-term EMA are plotted to show the trend of the OBV.
* Filled Areas: The area between the two EMAs is filled with a color to indicate the strength of the trend. The color changes based on whether the shorter-term EMA is above or below the longer-term EMA.
* RSI Bands: Horizontal lines at 30 and 70 mark the overbought and oversold levels for the RSI of OBV.
Summary
The On Balance Volume Oscillator of Trading Volume Trend provides a comprehensive view of market momentum and can be a valuable tool for traders. By combining the OBV and RSI, this indicator helps identify potential trend reversals, overbought and oversold conditions, and the strength of the current trend.
Note: This indicator should be used in conjunction with other technical analysis tools and fundamental analysis to make informed trading decisions.
Dynamic Opening Range BreakoutUnlock the Power of Breakout Trading!
Introducing the Dynamic Opening Range Breakout (DORB) indicator—your essential tool for identifying high-potential trading opportunities right from the opening bell! Designed for traders seeking to capitalize on market movements, DORB combines the classic Opening Range Breakout strategy with advanced features to enhance accuracy and profitability.
Key Features:
Dynamic Session Customization: Easily set your desired session time to adapt to various trading styles and asset classes. Whether you're trading stocks, forex, or cryptocurrencies, DORB fits your needs.
Volatility Adjustment: The indicator incorporates a volatility filter using the Average True Range (ATR). This ensures that breakouts are significant and reduces the likelihood of false signals, so you can trade with confidence.
Breakout Confirmation: DORB requires confirmation through multiple bars, helping to eliminate noise and increase the reliability of breakout signals. No more second-guessing—trade with clarity!
Visual Alerts and Signals: With background color changes and alerts for long and short breakouts, you'll never miss an opportunity. Stay informed in real-time and react swiftly to market movements.
User-Friendly Interface: The DORB indicator is designed to be intuitive and easy to use, making it suitable for both novice and experienced traders.
How It Works:
The DORB indicator establishes an opening range based on the first few minutes of trading, providing critical high and low levels. As the price moves, DORB detects potential breakouts above or below these levels, allowing you to enter trades with optimal timing. By incorporating volatility measures and breakout confirmations, DORB empowers you to make informed trading decisions.
Why Choose DORB?
Maximize Profit Potential: Capture significant price movements early in the trading day.
Reduce Risk: Filter out low-probability trades and focus on high-quality setups.
Stay Ahead of the Market: Use advanced tools to gain an edge over other traders.
Testimonials:
"DORB has transformed my trading! The volatility adjustments make all the difference, and I love the confirmation feature." - Satisfied Trader
"This indicator is a game-changer. It helps me identify breakouts with confidence, and the alerts keep me informed even when I'm away from my screen." - Happy Customer
Get Started Today!
Take your trading to the next level with the Dynamic Opening Range Breakout Indicator. Whether you're a day trader or a swing trader, DORB is your perfect companion for identifying breakout opportunities and maximizing your profits.
Don't miss out—add DORB to your trading toolkit now!
Formation Defined Moving Support and ResistanceThe script was originally coded in 2018 with Pine Script version 3, and it was in protected code status. It has been updated and optimised for Pine Script v5 and made completely open source.
The Formation Defined Moving Support and Resistance indicator is a sophisticated tool for identifying dynamic support and resistance levels based on specific price formations and level interactions. This indicator goes beyond traditional static support and resistance by updating levels based on predefined formation patterns and market behaviour, providing traders with a more responsive view of potential support and resistance zones.
Features:
The indicator detects essential price levels:
Lower Low (LL)
Higher Low (HL)
Higher High (HH)
Lower High (LH)
Equal Lower Low (ELL)
Equal Higher Low (EHL)
Equal Higher High (EHH)
Equal Lower High (ELH)
By identifying these key points, the script builds a foundation for tracking and responding to changes in price structure.
Pre-defined Formations and Comparisons:
The indicator calculates and recognises nine different pre-defined formations, such as bullish and bearish formations, based on the sequence of price levels.
These formations are compared against previous levels and formations, allowing for a sophisticated understanding of recent market movements and momentum shifts.
This formation-based approach provides insights into whether the price is likely to maintain, break, or reverse key levels.
Dynamic Support and Resistance Levels:
The indicator offers an option to toggle Moving Support and Resistance Levels.
When enabled, the support and resistance levels dynamically adjust:
Upon a change in the detected formation.
When the bar’s closing price breaks the last defined support or resistance level.
This feature ensures that the support and resistance levels adapt quickly to market changes, giving a more accurate and responsive perspective.
Customisable Price Source:
Users can choose the price source for level detection, selecting between close or high/low prices.
This flexibility allows the indicator to adapt to different trading styles, whether the focus is on closing prices for more conservative levels or on highs and lows for more sensitive level tracking.
This indicator can benefit traders relying on dynamic support and resistance rather than fixed, historical levels. It adapts to recent price actions and market formations, making it useful for identifying entry and exit points, trend continuation or reversal, and setting trailing stops based on updated support and resistance levels.
Confirmed market structure buy/sell indicatorOverview
The Swing Point Breakout Indicator with Multi-Timeframe Dashboard is a TradingView tool designed to identify potential buy and sell signals based on swing point breakouts on the primary chart's timeframe while simultaneously providing a snapshot of the market structure across multiple higher timeframes. This dual approach helps traders make informed decisions by aligning short-term signals with broader market trends.
Key Features
Swing Point Breakout Detection
Swing Highs and Lows: Identifies significant peaks and troughs based on a user-defined lookback period.
Breakout Signals:
Bullish Breakout (Buy Signal): Triggered when the price closes above the latest swing high.
Bearish Breakout (Sell Signal): Triggered when the price closes below the latest swing low.
Visual Indicators: Highlights breakout bars with colors (lime for bullish, red for bearish) and plots buy/sell markers on the chart.
Multi-Timeframe Dashboard
Timeframes Monitored: 1m, 5m, 15m, 1h, 4h, 1D, and 1W.
Market Structure Status:
Bullish: Indicates upward market structure.
Bearish: Indicates downward market structure.
Neutral: No clear trend.
Visual Table: Displays each timeframe with its current status, color-coded for quick reference (green for bullish, red for bearish, gray for neutral).
Operational Workflow
Initialization:
Sets up a dashboard table on the chart's top-right corner with headers "Timeframe" and "Status".
Swing Point Detection:
Continuously scans the main timeframe for swing highs and lows using the specified lookback period.
Updates the latest swing high and low levels.
Signal Generation:
Detects when the price breaks above the last swing high (bullish) or below the last swing low (bearish).
Activates potential buy/sell setups and confirms signals based on subsequent price movements.
Dashboard Update:
For each defined higher timeframe, assesses the market structure by checking for breakouts of swing points.
Updates the dashboard with the current status for each timeframe, aiding in trend confirmation.
Visualization:
Colors the bars where breakouts occur.
Plots buy and sell signals directly on the chart for easy identification.
MACD Histogram Fibonacci Retracement LevelsMACD Histogram Fibonacci Retracement Level s.
MACD Histogram Fibonacci Retracement Levels indicator considers the highest and lowest histogram bar levels from Intraday Day Open.
Fibonacci retracement levels 23.6%, 38.2%, 50%, 61.8%, and 78.6% are displayed for the Highest and Lowest histogram bar .As the day progress revised Fibonacci Retracement Levels are set in based on change in Highest and Lowest histogram bar levels.
Histogram bars positions are monitored vis a vis the Fibonacci Retracement Levels to plan the trade entry or exit as per MACD indicator.
MACD and Signal levels are opted out to get clear histogram bar image on chart. Input check in box is available to display MACD and signal lines at Users option.
A Histogram intraday average line (Histo Intra Avg) indicate the intraday average movement of histogram bars.
MACD Histogram Fibonacci Retracement Levels is very useful to know the level of upward and downward Histogram bar movements vis a vis Fibonacci Retracement Levels compared to general MACD Indicator Histogram levels.
DISCLAIMER: For educational and entertainment purpose only .Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security/ies or investment/s.
Vexly_ML_levelsProvide a number into each box (start), (middle), (end)
this is for a buy zone, mid zone, sell zone.
This is mainly geared towards futures and is just a box drawing script.
There is no inherent alpha in this.
We use this to draw our own levels.
Directional Sentiment IndicatorThe Directional Sentiment Indicator is a versatile tool designed to capture price movements by combining several key technical elements, providing traders with actionable insights in volatile and trending markets. This script intelligently integrates price action analysis with the Average True Range (ATR) for precise target zones and directional signals.
Key Components & Their Roles:
1. Moving Averages and ATR Zones: The script utilizes custom high, low, open, and close averages over the selected period to gauge directional bias. By combining these averages with ATR, we define potential high and low targets dynamically, making it easier to visualize potential reversals.
2. Buy/Sell Signals Based on Price Proximity to Extremes: Using calculated price distances from highest/lowest points, the indicator identifies long and short signals when prices reach statistically significant deviations. This is designed to capture trend reversals or continuations at critical junctures, reducing noise from insignificant movements.
3. Highlighting Price Crossovers and Zones: The script plots boxes when price crosses above or below critical ATR levels, providing clear visual zones where price may experience increased resistance or support. This functionality helps users identify areas where market direction may shift.
4. Dynamic Plotting of Highs/Lows: With options to plot crossover and undershoot signals, traders can visually assess momentum shifts with green and red arrows for bullish and bearish crossovers respectively. This visual overlay enhances the trader’s ability to make quicker decisions.
This unique combination not only marks direction and key reversal areas but also provides context with ATR-based range boxes, making it an essential tool for traders seeking both clarity and precision in market movements.
Dynamic Linear CandlesDynamic Linear Candles is a unique and versatile indicator that reimagines traditional candlestick patterns by integrating customizable moving averages directly into candle structures. This dynamic approach smooths the appearance of candlesticks to better highlight trends and suppress minor market noise, allowing traders to focus on essential price movements.
Key Features:
1. Dynamic Candle Smoothing: Choose between popular smoothing types (SMA, EMA, WMA, HMA) to apply directly to each candle’s Open, High, Low, and Close values. This adaptive smoothing reveals hidden trends by refining price action into simplified, flowing candles, ideal for spotting subtle changes in market sentiment.
2. Signal Line Overlay: The signal line provides an additional layer of trend confirmation. Select from SMA, EMA, WMA, or HMA smoothing to match your trading style. The line dynamically changes color based on the price’s relative position, helping traders quickly identify bullish or bearish shifts.
3. Enhanced Candle Visualization: Candles adjust in color and opacity based on bullish or bearish trends, providing immediate visual cues about market momentum. The customized color and opacity settings allow for clearer distinction, especially in noisy markets.
Why This Combination?
This script is more than just an aesthetic adjustment; it’s a purposeful combination of moving averages and candle smoothing designed to enhance readability and actionable insights. Traditional candles often suffer from excessive noise in volatile markets, and this mashup addresses that by creating a smooth, flowing chart that adapts to the underlying trend. The Signal Line adds confirmation, acting as a filter for potential entries and exits. Together, these elements serve as a concise toolset for traders aiming to capture trend-based opportunities with clarity and precision.
US Party Rule Indicator**Here's a description you can use for the indicator:**
**US Party Rule Indicator**
This indicator visually represents the political party in power in the United States over a specified period. It overlays a colored 200-day Exponential Moving Average (EMA) on the chart. The color of the EMA changes to reflect the ruling party, providing a visual representation of political influence on market trends.
**Key Features:**
- **Dynamic Color-Coded EMA:** The 200-EMA changes color to indicate the party in power (Red for Republican, Blue for Democrat).
- **Clear Visual Representation:** The colored EMA provides an easy-to-understand visual cue for identifying periods of different political parties.
- **Historical Context:** By analyzing the historical data, you can gain insights into potential correlations between party rule and market trends.
**How to Use:**
1. **Add the Indicator:** Add the "US Party Rule Indicator" to your chart.
2. **Interpret the Color:** The color of the 200-EMA indicates the ruling party at that time.
3. **Analyze Market Trends:** Use the indicator to identify potential correlations between political events and market movements.
**Note:** This indicator is for informational purposes only and should not be used as the sole basis for investment decisions. Always conduct thorough research and consider consulting with a financial advisor.
Returns Stationarity Analysis (YavuzAkbay)This indicator analyzes the stationarity of a stock's price returns over time. Stationarity is an important property of time series data, as it determines the validity of statistical analysis and forecasting methods.
The indicator provides several visual cues to help assess the stationarity of the price returns:
Price Returns: Displays the daily percentage change in the stock's closing price.
Moving Average: Shows the smoothed trend of the price returns using a simple moving average.
Z-Score: Calculates the standardized z-score of the price returns, highlighting periods of significant deviation from the mean.
Autocorrelation: Plots the autocorrelation of the price returns, which measures the persistence or "memory" in the time series. High autocorrelation suggests non-stationarity.
The indicator also includes the following features:
Customizable lookback period and smoothing window for the moving statistics.
Lag parameter for the autocorrelation calculation.
Shaded bands to indicate the significance levels for the z-score and autocorrelation.
Visual signals (red dots) to highlight periods that are potentially non-stationary, based on a combination of high z-score and autocorrelation.
Informative labels to guide the interpretation of the results.
This indicator can be a useful tool for stock market analysts and traders to identify potential changes in the underlying dynamics of a stock's price behavior, which may have implications for forecasting, risk management, and investment strategies.
Profit Hunter - RS Supernova中文說明
狩利 (Profit Hunter) - RS 超新星 是一款專為加密貨幣市場設計的相對強度篩選指標，靈感來自 Mark Minervini 和 William O'Neil 的投資理念。此指標透過「RS 超新星」篩選概念，幫助交易者聚焦在市場中的極端強勢標的，從而更精準地捕捉高潛力的進場機會。
指標用途
RS 評級 (RS Rating)：基於相對強度 (Relative Strength) 概念，將標的與整體市場 (TOTAL 指數) 進行比較，得出 RS 評級。當 RS 評級超過 85 時，該標的被視為具有極強的上漲動能，是潛在的進場目標。
高潛力篩選：此指標利用動態加權計算方式，篩選出相對強勢的標的，讓交易者可以聚焦於具有突破潛力的資產。
即時數據顯示：在圖表上即時顯示 RS 評級，提供清晰的數據支持，使交易者快速判斷標的的強度並做出即時決策。
狩利-RS 超新星 專為追求市場主流趨勢的交易者設計，特別適合應用 Minervini 和 O'Neil 理論的投資者。該指標幫助您在市場波動中篩選出最具相對強度的標的，確保每次進場都是基於高潛力的技術分析。
English Description
Profit Hunter - RS Supernova is a relative strength (RS) filtering indicator specifically designed for the cryptocurrency market, inspired by the investment philosophies of Mark Minervini and William O'Neil. Through the concept of the "RS Supernova," this indicator helps traders focus on exceptionally strong assets within the market, enabling precise entry into high-potential opportunities.
Indicator Purpose
RS Rating: Based on Relative Strength (RS) analysis, the indicator compares the asset to the overall market (TOTAL index) to generate an RS Rating. When the RS rating exceeds 85, the asset is considered to have substantial upward momentum, marking it as a potential entry target.
High-Potential Screening: Utilizing a dynamic weighted calculation, this indicator filters out assets with relative strength, allowing traders to concentrate on those with breakout potential.
Real-Time Data Display: The RS Rating is displayed on the chart, providing clear data for quick assessment of asset strength and enabling real-time decision-making.
Profit Hunter - RS Supernova is designed for traders seeking to capture mainstream market trends, especially those following Minervini and O'Neil's theories. This indicator aids in identifying the strongest assets amidst market fluctuations, ensuring each entry is backed by high-potential technical analysis.
X-Force Selector中文說明
X-Force 篩選者 是基於 Mark Minervini 概念設計的強勢標的篩選指標，旨在幫助交易者捕捉市場中的極端強勢標的。此指標運用多重篩選條件，使交易者能在價格達到特定關鍵位置時精準進場，專注於上漲動能強勁、突破阻力較小的標的。
指標篩選條件
100% 關鍵價位：當價格位於365根K棒的最低點的100%之上時，顯示該標的處於強勢區域，具備顯著的上漲動能。
25% 高點價位：同時，當價格位於365根K棒的高點以下25%之上時，代表該標的上方阻力較小，是一個潛在的突破信號。
滿足以上兩個條件的標的才會被視為進場機會，這符合 Minervini 所強調的「專注於強勢標的」的策略。Minervini 的概念強調當標的價格突破關鍵價位時，可能帶來更高的回報潛力，且風險相對較小。
加密貨幣與時間周期的應用
在加密貨幣交易中，1小時到4小時的小時間框架適合使用100%、66%、33%這些百分比範圍參數，以反映市場的高波動特性。對於更短周期，建議進一步縮小百分比，以提高指標對短期波動的敏感度，並增強篩選結果的準確性。
靈活的篩選與戰警風格
此指標的設計結合了 Minervini 的概念和戰警風格，旨在精準鎖定極具潛力的突破標的。X-Force 篩選者適合追隨趨勢的交易者，尤其是熱衷於 Mark Minervini 策略的投資者，使交易者能夠專注於市場中最具上漲動能的標的，實現更精確的進場決策。
English Description
X-Force Selector is a powerful trend-filtering indicator inspired by Mark Minervini’s trading concepts, designed to help traders capture assets with extreme strength in the market. By applying multiple filtering criteria, this indicator enables precise entry decisions when price reaches specific key levels, focusing on assets with strong upward momentum and minimal resistance.
Indicator Selection Criteria
100% Key Price Level: When the price is above 100% of the lowest low over the past 365 bars, it indicates the asset is in a strong zone with substantial upward momentum.
25% High Price Level: Additionally, when the price is within 25% below the 365-bar high, it signals reduced resistance above, indicating potential for a breakout.
Assets meeting both criteria are considered potential entry opportunities, aligning with Minervini's strategy of “focusing on strong assets.” Minervini’s concept emphasizes capturing high-potential assets as they break through critical levels, aiming for higher returns with relatively low risk.
Application to Cryptocurrency and Timeframes
In cryptocurrency trading, shorter timeframes such as 1H to 4H are well-suited for the 100%, 66%, and 33% thresholds, reflecting the high volatility of crypto markets. For even smaller timeframes, it is recommended to reduce these percentages to enhance the indicator’s sensitivity to short-term fluctuations, improving the accuracy of filtered results.
Flexible Filtering with a Battle-Ready Style
With a design inspired by Minervini's concepts and a battle-ready scanning approach, the X-Force Selector precisely locks onto high-potential breakout candidates. This indicator is ideal for trend-following traders, especially those applying Mark Minervini’s strategies, enabling them to concentrate on assets with the strongest upward momentum for precise entry decisions.
All-Market Monitor 中文說明
全能市場監測者是一款多功能指標，為交易者提供全面的市場監控，包含價格趨勢、移動平均線、交易量及風險管理等數據。此指標支援多項參數設置，方便交易者根據需求調整配置，實現更靈活的交易策略。
參數說明：
SMA長度設定：可調整7條不同長度的SMA (簡單移動平均線)，提供不同時間框架的趨勢信息。
交易量倍數：設置交易量的倍數，強調異常的交易量變化。當交易量倍數達到指定條件時，K線會改變顏色，以便快速辨識市場中的顯著變動。
最低低點期間：設定計算最低價格線的期間，用於判斷進場後的趨勢止盈位置。此支撐線能幫助交易者在趨勢中保護利潤。
ATR期數與倍數：ATR (平均真實範圍) 用於計算止損線，期數及倍數可調整，以便根據波動性設定更合適的止損範圍。
進場價位與USDT總量：用戶可以輸入預計的進場價位和總資金量，指標會根據風險控制自動計算建倉金額。風險控制是每筆交易僅損失5%的總資金，以更好地管理風險。
倍數 (槓桿)：此參數允許用戶設置槓桿倍數，用於計算最終所需的資金。
表格功能
指標的表格功能在圖表上顯示進場價位、止損點和建倉金額。表格顏色清晰對比，提供了簡明的交易數據概覽，使交易者能夠快速查看並根據當前市場情況做出風險控制決策。
交易量支撐效果
此指標在異常交易量倍數達到特定條件時會標示不同顏色，表現出強烈的市場關注度。當交易量出現突增或高於SMA交易量的情況時，往往顯示出支撐或阻力的信號。特別在價格頂部或底部時，這些異常交易量常會產生支撐效果，暗示該區域可能形成穩固的價格支撐或阻力。
這款指標適合希望嚴謹管理風險的交易者，適用於日內和長期策略，並能提供穩定的市場監控信息。
English Description
All-Market Monitor is a versatile indicator providing traders with comprehensive market insights, including price trends, moving averages, volume analysis, and risk management. This indicator supports multiple adjustable parameters, allowing traders to configure the settings for more adaptable trading strategies.
Parameter Descriptions:
SMA Length Settings: Configurable lengths for seven different SMAs (Simple Moving Averages) to provide trend information across various time frames.
Volume Multiplier: Sets the multiplier for trading volume to highlight unusual volume spikes. When volume conditions meet specified criteria, the candles change colors for easy recognition of significant market moves.
Lowest Low Period: Defines the period for calculating the lowest price line, which serves as a trailing take-profit level after entry. This support line helps traders secure profits in a trending market.
ATR Period and Multiplier: The ATR (Average True Range) is used to calculate a dynamic stop-loss level. Adjustable period and multiplier provide flexibility in setting stop levels based on market volatility.
Entry Price and Total USDT: Allows input of the intended entry price and total capital in USDT. The indicator calculates the required position size based on a risk management rule, where each trade is limited to a maximum loss of 5% of total capital.
Leverage: Users can set the leverage multiplier, which adjusts the final required USDT for entry.
Table Feature
The table feature provides an on-chart display of entry price, stop-loss level, and required position size, with distinct colors for easy reference. This layout delivers a clear summary of key trading metrics, enabling traders to make risk-adjusted decisions in real time.
Volume Support Effect
When unusual volume spikes meet specific criteria, the indicator highlights candles with distinct colors, representing heightened market interest. These volume spikes often indicate support or resistance levels, especially at price peaks or troughs, where high volume can signal potential support effects, indicating that prices may hold within these regions due to strong buying or selling interest.
This indicator is ideal for traders focused on rigorous risk management, suitable for both intraday and long-term strategies, offering reliable market monitoring insights.
High/Low Location Frequency [LuxAlgo]The High/Low Location Frequency tool provides users with probabilities of tops and bottoms at user-defined periods, along with advanced filters that offer deep and objective market information about the likelihood of a top or bottom in the market.
🔶 USAGE
There are four different time periods that traders can select for analysis of probabilities:
HOUR OF DAY: Probability of occurrence of top and bottom prices for each hour of the day
DAY OF WEEK: Probability of occurrence of top and bottom prices for each day of the week
DAY OF MONTH: Probability of occurrence of top and bottom prices for each day of the month
MONTH OF YEAR: Probability of occurrence of top and bottom prices for each month
The data is displayed as a dashboard, which users can position according to their preferences. The dashboard includes useful information in the header, such as the number of periods and the date from which the data is gathered. Additionally, users can enable active filters to customize their view. The probabilities are displayed in one, two, or three columns, depending on the number of elements.
🔹 Advanced Filters
Advanced Filters allow traders to exclude specific data from the results. They can choose to use none or all filters simultaneously, inputting a list of numbers separated by spaces or commas. However, it is not possible to use both separators on the same filter.
The tool is equipped with five advanced filters:
HOURS OF DAY: The permitted range is from 0 to 23.
DAYS OF WEEK: The permitted range is from 1 to 7.
DAYS OF MONTH: The permitted range is from 1 to 31.
MONTHS: The permitted range is from 1 to 12.
YEARS: The permitted range is from 1000 to 2999.
It should be noted that the DAYS OF WEEK advanced filter has been designed for use with tickers that trade every day, such as those trading in the crypto market. In such cases, the numbers displayed will range from 1 (Sunday) to 7 (Saturday). Conversely, for tickers that do not trade over the weekend, the numbers will range from 1 (Monday) to 5 (Friday).
To illustrate the application of this filter, we will exclude results for Mondays and Tuesdays, the first five days of each month, January and February, and the years 2020, 2021, and 2022. Let us review the results:
DAYS OF WEEK: `2,3` or `2 3` (for crypto) or `1,2` or `1 2` (for the rest)
DAYS OF MONTH: `1,2,3,4,5` or `1 2 3 4 5`
MONTHS: `1,2` or `1 2`
YEARS: `2020,2021,2022` or `2020 2021 2022`
🔹 High Probability Lines
The tool enables traders to identify the next period with the highest probability of a top (red) and/or bottom (green) on the chart, marked with two horizontal lines indicating the location of these periods.
🔹 Top/Bottom Labels and Periods Highlight
The tool is capable of indicating on the chart the upper and lower limits of each selected period, as well as the commencement of each new period, thus providing traders with a convenient reference point.
🔶 SETTINGS
Period: Select how many bars (hours, days, or months) will be used to gather data from, max value as default.
Execution Window: Select how many bars (hours, days, or months) will be used to gather data from
🔹 Advanced Filters
Hours of day: Filter which hours of the day are excluded from the data, it accepts a list of hours from 0 to 23 separated by commas or spaces, users can not mix commas or spaces as a separator, must choose one
Days of week: Filter which days of the week are excluded from the data, it accepts a list of days from 1 to 5 for tickers not trading weekends, or from 1 to 7 for tickers trading all week, users can choose between commas or spaces as a separator, but can not mix them on the same filter.
Days of month: Filter which days of the month are excluded from the data, it accepts a list of days from 1 to 31, users can choose between commas or spaces as separator, but can not mix them on the same filter.
Months: Filter months to exclude from data. Accepts months from 1 to 12. Choose one separator: comma or space.
Years: Filter years to exclude from data. Accepts years from 1000 to 2999. Choose one separator: comma or space.
🔹 Dashboard
Dashboard Location: Select both the vertical and horizontal parameters for the desired location of the dashboard.
Dashboard Size: Select size for dashboard.
🔹 Style
High Probability Top Line: Enable/disable `High Probability Top` vertical line and choose color
High Probability Bottom Line: Enable/disable `High Probability Bottom` vertical line and choose color
Top Label: Enable/disable period top labels, choose color and size.
Bottom Label: Enable/disable period bottom labels, choose color and size.
Highlight Period Changes: Enable/disable vertical highlight at start of period
SMC StrategyThis Pine Script strategy is based on Smart Money Concepts (SMC), designed for TradingView. Here's a brief summary of what the script does:
1. Swing High and Low Calculation: It identifies recent swing highs and lows, which are used to define key zones.
2. Equilibrium, Premium, and Discount Zones:
- Equilibrium is the midpoint between the swing high and low.
- Premium Zone is above the equilibrium, indicating a potential resistance area (sell zone).
- Discount Zone is below the equilibrium, indicating a potential support area (buy zone).
3. Simple Moving Average (SMA): It uses a 50-period SMA to determine the trend direction. If the price is above the SMA, the trend is bullish; if it's below, the trend is bearish.
4. Buy and Sell Signals:
- Buy Signal: Generated when the price is in the discount zone and above the equilibrium, with the price also above the SMA.
- Sell Signal: Triggered when the price is in the premium zone and below the equilibrium, with the price also below the SMA.
5. Order Blocks: It detects basic order blocks by identifying the highest high and lowest low within the last 20 bars. These levels help confirm the buy and sell signals.
6. Liquidity Zones: It marks the swing high and low as potential liquidity zones, indicating where price may reverse due to institutional players' activity.
The strategy then executes trades based on these signals, plotting buy and sell markers on the chart and showing the key levels (zones) and trend direction.
Adrian wicksThe "test 24" indicator helps identify potential reversal points based on wick and body size criteria, offering users insight into bullish and bearish wick-based reversals. It is designed for traders looking to catch early reversal signals by examining candlestick wicks in both upward and downward market trends.
Key Features:
Bullish Wick Reversal: A signal appears when a long lower wick and small upper wick hint at buying pressure. This can indicate a potential bullish reversal if the current candle meets defined wick and body criteria.
Bearish Wick Reversal: Conversely, a signal appears for a bearish wick reversal when there is a long upper wick and small lower wick, suggesting selling pressure and potential bearish continuation.
Dynamic Customization:
Wick Multiplier: Controls the relative length of wicks compared to the candle body, allowing users to fine-tune wick sensitivity for signals.
Body Percentage: Determines the size of the body in relation to the overall candle, helping to filter out weak reversals.
Show Labels: Enables "Valid Signal" labels (VS and VL) on the chart for enhanced visual tracking of valid long and short entries.
Alerts:
Entry Long and Entry Short Alerts: Receive notifications when valid long or short entry conditions are met, enabling prompt decision-making.
Visuals:
Triangles on Chart: Green triangles for bullish wick reversal signals below bars, and red triangles for bearish wick reversals above bars.
This indicator is especially useful for traders focused on identifying quick reversals by observing wick formations, providing flexibility with customizable parameters to suit various trading styles.
Volume Bars [jpkxyz]
Multi-Timeframe Volume indicator by @jpkxyz
This script is a Multi-Timeframe Volume Z-Score Indicator. It dynamically calculates /the Z-Score of volume over different timeframes to assess how significantly current
volume deviates from its historical average. The Z-Score is computed for each
timeframe independently and is based on a user-defined lookback period. The
script switches between timeframes automatically, adapting to the chart's current
timeframe using `timeframe.multiplier`.
The Z-Score formula used is: (current volume - mean) / standard deviation, where
mean and standard deviation are calculated over the lookback period.
The indicator highlights periods of "significant" and "massive" volume by comparing
the Z-Score to user-specified thresholds (`zScoreThreshold` for significant volume
and `massiveZScoreThreshold` for massive volume). The script flags buy or sell
conditions based on whether the current close is higher or lower than the open.
Visual cues:
- Dark Green for massive buy volume.
- Red for massive sell volume.
- Green for significant buy volume.
- Orange for significant sell volume.
- Gray for normal volume.
The script also provides customizable alert conditions for detecting significant or massive buy/sell volume events, allowing users to set real-time alerts.
Multi-Timeframe Period Separators█ OVERVIEW
This indicator plots period separators for up to four higher timeframes. The separators are fully customizable and designed to work on any symbols.
█ FEATURES
Reference
You can choose to plot the separators starting from midnight 00:00 or the opening of the exchange trading session.
Timezone
You can specify to localize midnight 00:00 to the region of your liking. The timezone format conveniently requires no manual adjustment during clock changes.
█ NOTES
Scans the bar opening and closing times
The script checks the bar ` time ` and ` time_close ` to pinpoint the separators that can occur intrabar.
Tracks from the last separator
The script tracks the time elapsed since the last separator, which is useful when there is no trading activity or the market is closed. As it can result in missing bars, it plots the separator on the first available bar.
Others
The script automatically hides the separators when navigating to an equal or higher chart timeframe.
FTMO Rules MonitorFTMO Rules Monitor: Stay on Track with Your FTMO Challenge Goals
TLDR; You can test with this template whether your strategy for one asset would pass the FTMO challenges step 1 then step 2, then with real money conditions.
Passing a prop firm challenge is ... challenging.
I believe a toolkit allowing to test in minutes whether a strategy would have passed a prop firm challenge in the past could be very powerful.
The FTMO Rules Monitor is designed to help you stay within FTMO’s strict risk management guidelines directly on your chart. Whether you’re aiming for the $10,000 or the $200,000 account challenge, this tool provides real-time tracking of your performance against FTMO’s rules to ensure you don’t accidentally breach any limits.
NOTES
The connected indicator for this post doesn't matter.
It's just a dummy double supertrends (see below)
The strategy results for this script post does not matter as I'm posting a FTMO rules template on which you can connect any indicator/strategy.
//@version=5
indicator("Supertrends", overlay=true)
// Supertrend 1 Parameters
var string ST1 = "Supertrend 1 Settings"
st1_atrPeriod = input.int(10, "ATR Period", minval=1, maxval=50, group=ST1)
st1_factor = input.float(2, "Factor", minval=0.5, maxval=10, step=0.5, group=ST1)
// Supertrend 2 Parameters
var string ST2 = "Supertrend 2 Settings"
st2_atrPeriod = input.int(14, "ATR Period", minval=1, maxval=50, group=ST2)
st2_factor = input.float(3, "Factor", minval=0.5, maxval=10, step=0.5, group=ST2)
// Calculate Supertrends
= ta.supertrend(st1_factor, st1_atrPeriod)
= ta.supertrend(st2_factor, st2_atrPeriod)
// Entry conditions
longCondition = direction1 == -1 and direction2 == -1 and direction1 == 1
shortCondition = direction1 == 1 and direction2 == 1 and direction1 == -1
// Optional: Plot Supertrends
plot(supertrend1, "Supertrend 1", color = direction1 == -1 ? color.green : color.red, linewidth=3)
plot(supertrend2, "Supertrend 2", color = direction2 == -1 ? color.lime : color.maroon, linewidth=3)
plotshape(series=longCondition, location=location.belowbar, color=color.green, style=shape.triangleup, title="Long")
plotshape(series=shortCondition, location=location.abovebar, color=color.red, style=shape.triangledown, title="Short")
signal = longCondition ? 1 : shortCondition ? -1 : na
plot(signal, "Signal", display = display.data_window)
To connect your indicator to this FTMO rules monitor template, please update it as follow
Create a signal variable to store 1 for the long/buy signal or -1 for the short/sell signal
Plot it in the display.data_window panel so that it doesn't clutter your chart
signal = longCondition ? 1 : shortCondition ? -1 : na
plot(signal, "Signal", display = display.data_window)
In the FTMO Rules Monitor template, I'm capturing this external signal with this input.source variable
entry_connector = input.source(close, "Entry Connector", group="Entry Connector")
longCondition = entry_connector == 1
shortCondition = entry_connector == -1
🔶 USAGE
This indicator displays essential FTMO Challenge rules and tracks your progress toward meeting each one. Here’s what’s monitored:
Max Daily Loss
• 10k Account: $500
• 25k Account: $1,250
• 50k Account: $2,500
• 100k Account: $5,000
• 200k Account: $10,000
Max Total Loss
• 10k Account: $1,000
• 25k Account: $2,500
• 50k Account: $5,000
• 100k Account: $10,000
• 200k Account: $20,000
Profit Target
• 10k Account: $1,000
• 25k Account: $2,500
• 50k Account: $5,000
• 100k Account: $10,000
• 200k Account: $20,000
Minimum Trading Days: 4 consecutive days for all account sizes
🔹 Key Features
1. Real-Time Compliance Check
The FTMO Rules Monitor keeps track of your daily and total losses, profit targets, and trading days. Each metric updates in real-time, giving you peace of mind that you’re within FTMO’s rules.
2. Color-Coded Visual Feedback
Each rule’s status is shown clearly with a ✓ for compliance or ✗ if the limit is breached. When a rule is broken, the indicator highlights it in red, so there’s no confusion.
3. Completion Notification
Once all FTMO requirements are met, the indicator closes all open positions and displays a celebratory message on your chart, letting you know you’ve successfully completed the challenge.
4. Easy-to-Read Table
A table on your chart provides an overview of each rule, your target, current performance, and whether you’re meeting each goal. The table adjusts its color scheme based on your chart settings for optimal visibility.
5. Dynamic Position Sizing
Integrated ATR-based position sizing helps you manage risk and avoid large drawdowns, ensuring each trade aligns with FTMO’s risk management principles.
Daveatt
Open to High/Low % Movementto track the movement of open to low and open to high in % terms, please create a trading view pine script which can plot this movement in a separate chart
