Cuerpo total de Velas Alcistas vs BajistasGenerated by ChatGPT -write an indicator that counts the last x bars (parameter that can be adjustable by user) and measures the body of the bullish and bearish candles. So loop through the last x candles (parameter that can be adjustable by user), measure each body size, and add them to eather a bullish or bearish total
Indikatoren und Strategien
Candlestick pattern + FVG + sessionThis script includes three main features:
1) Candlestick Pattern Identification: It highlights bullish and bearish candlestick sequences.
2) Fair Value Gap (FVG) Detection: It detects Fair Value Gaps (FVG) and highlights them on the chart.
3) Session Ranges: The script allows the user to define and visualize trading session ranges (Session 1 and Session 2), as well as their high and low points.
*Let me know in the comments if you'd like to see more indicators like this one.
-------------------------------------KEY FEATURES-------------------------------------
CANDLESTICK PATTERN IDENTIFICATION:
(The script checks for a specific candlestick pattern)
Bullish Pattern: The script identifies two consecutive candles where both are BLACK (downward trend).
Bearish Pattern: The script identifies two consecutive green candles (upward trend).
If the pattern is identified, it colors the bars of the candles accordingly:
Green for bullish (upward).
black for bearish (downward).
FAIR VALUE GAP (FVG) DETECTION:
The script identifies Bullish and Bearish Fair Value Gaps (FVG):
A Bullish FVG occurs when the low of the current bar is higher than the high of the bar two periods ago.
A Bearish FVG occurs when the high of the current bar is lower than the low of the bar two periods ago.
When a gap is detected, a colored box is drawn on the chart to represent the gap area. The user can customize the color and opacity of the boxes.
SESSION RANGES:
The user can define the time range for Session 1 and Session 2.
"Session 1 is by default configured to align with the regular trading hours, starting at 9:30 AM (market open) and ending at 4:00 PM (market close).
Session 2 is by default configured to begin at 9:30 AM (market open) and conclude 30 minutes thereafter."
The script can plot the high and low points of each session and display them on the chart as lines. These points can be customized to be visible or hidden, and the session ranges can also be highlighted with a box.
Additionally, the script allows users to control whether the max/min points for each session should be displayed.
This script can be used by traders who want to identify candlestick patterns, detect FVGs, and monitor session ranges on their charts. It is particularly useful for traders who focus on price action and market structure, as it allows for visual analysis of inefficient areas during the trading sessions of the day
( This script has been tested only on the H4 timeframe.)
200 EMA + 20 EMA Order Block ScannerCustom Script using emas and sell signals for smart money trading on the 1 hour time frame
London ORB + Session High/Low + FVGLondon ORB + Session High/Low + FVG
📘 Script Description: London ORB + Session High/Low + Fair Value Gap
This script is designed to assist intraday traders during the London session open by combining:
🕒 1. Opening Range Breakout (ORB)
Captures the high and low of the first 15-minute candle after the London open (08:00–08:15 GMT).
Draws lines and labels for the ORB High and Low levels.
Detects breakouts above or below the ORB and plots a triangle signal at the breakout bar.
🌐 2. Asian & US Session Levels
Automatically marks the highs and lows of the Asian (00:00–06:00 GMT) and US (13:30–20:00 GMT) sessions.
Useful for identifying prior session liquidity zones, key support/resistance levels, and potential reaction areas.
📉 3. Fair Value Gaps (FVG)
Highlights imbalances in price action between non-overlapping candles (also known as FVGs or inefficiencies).
Draws a shaded box between candles where gaps exist:
Green for bullish FVGs
Red for bearish FVGs
🔔 4. Alert Support
Optional alerts are built in for:
Long breakout (price breaks above ORB)
Short breakout (price breaks below ORB)
🎯 Use Case
Perfect for:
Day traders looking to capitalize on early volatility at the London open
Traders using liquidity-based strategies, retests, or gap-fills
Visualizing and aligning with prior session highs/lows for structure and context
ATR or ATR% with Optional MA [ATN]ATR (% or Points) with MA
This indicator calculates the Average True Range (ATR) and gives you the flexibility to visualize it in either percentage terms or absolute point values, with dynamic formatting.
You can choose between using the closing price or a simple moving average (SMA) as the base for the percentage calculation.
Additionally, it includes an optional smoothing moving average (EMA or SMA) applied to the ATR output for cleaner trend visualization.
✅ Select between % or Points
✅ Choose SMA or Close as the base
✅ Toggle and configure a smoothing MA
✅ Auto-formatted y-axis (2 decimals for %, 5 for points)
✅ Built-in zero line for fast visual interpretation
Ideal for identifying volatility spikes, risk expansion/contraction, or as a building block for trend filtering and position sizing systems.
BOS → FVG Combo Debug (15m, 1-bar v6)Once you’ve done those, you should start to see:
Yellow/Orange swing‑levels
Green▲/Red▼ where BOS fires
Aqua/Fuchsia● where an FVG appears one bar later
If you still see nothing, try loosening the filters (smaller gapPerc, shorter lookback) or switching symbols until the debug markers appear.
BOS ➝ FVG Combo (15m only, 1‑candle window)How it works:
Timeframe filter ensures nothing plots except on a 15 min chart.
bos_fvg_window = 1 hard‑codes the gap to appear within one candle of the BOS.
It marks BOS (triangles) and then only the FVG that occur in the very next bar (circles).
To use:
Open your 15 min chart in TradingView.
Open the Pine Editor, paste in this script.
Click “Add to Chart”.
Let me know if you’d like to add alerts, entry/exit rules, or any session/time‑of‑day filters!
NR - Price-Action Long/Short [PALS]PALS (acronym for Price Action Long Short ) is a simplified view of Price Action
that computes relative movement of OHLC values (from chart) between consecutive bars to mark probable Long/Short signals on the price chart.
Combining PALS with Heikin-Ashi charts and SuperTrend(5, 1.432) is recommended but not mandatory.
Inspiration for this script comes from Buy/Sell Indicator by Prakash EEE:
What PALS does and why?
Search for simplification of the complex ema of ema based range shrinking logic learnt from Prakash's approach led to -
- the simpler comparison of a two-bar average over previous close and current open with an average of current OHLC values (giving less weight to the opens and more weight to the rest of them).
Crossovers between those two oscillating relative values (difference between the two averages being positive or negative) is the main logic.
PALS marks places where probable long or short trades may be setting up.
How to use PALS?
During trending phases the opposing signals may be used as areas where profit booking could be done while same side signals marking the re-entry/adding to the open positions.
Pairing PALS with a SuperTrend could help in filtering out the frequent turn arounds marked by PALS during sideways phase.
Adding more confirmations could improve the probable yet relatively longer lasting short-term signals.
Trend Reader - [JAYADEV RANA]📊 Trend Reader –
🔍 Overview
Trend Reader is a powerful all-in-one multi-tool trend analysis indicator designed for traders who want actionable trend signals, clear trade zones, volatility context, and high-confidence scalping setups — all in one screen.
It combines several key elements such as Supertrend-based signals, multi-timeframe trend dashboard, dynamic RSI heat mapping, and advanced visualization like Order Blocks, Reversal Signals, Smart TP/SL zones, and Channel Breakouts.
⚠️ This tool is built for visual clarity, scalping precision, and swing confluence with high customizability.
BINANCE:BTCUSDT
✅ Key Features
🔹 Smart Buy/Sell Signals
• Built with Supertrend + MA confluence
• Optional “Smart Signals” mode filters for stronger entries
🔹 Multi-Timeframe Trend Dashboard
• ADX-powered MTF trend status from 3-min to Daily
• Includes Volatility and RSI overlays for better context
🔹 Clean RSI-based Candle Coloring
• Color-coded candles with customizable RSI thresholds
• Heatmap overlays showing exhaustion zones (OB/OS)
🔹 EMA Cloud & Ribbon System
• 8-layer EMA Ribbon for identifying momentum zones
• 200 EMA plotted for long-term direction clarity
• Optional EMA150 vs EMA250 Cloud for trend structure
🔹 Order Block Detection (Experimental)
• Auto-plot demand/supply zones from pivot structures
• Tested/faded boxes auto-dim for clarity
• Gray zone cleanup available
🔹 Risk Manager: Entry, SL & TP Zones
• Displays Entry, SL, TP1, TP2, TP3 zones on chart
• Zones auto-adjust with price + can be toggled per trade
• TP logic is driven by dynamic RSI-based reversal setups
🔹 Reversal Signal Overlay
• Highlights RSI overbought/oversold crossovers for exit timing
• Custom reversal sensitivity input
🔹 Channel Breakouts
• Plots dynamic channel highs/lows based on recent pivots
• Excellent for identifying breakout zones
⚙️ Customizable Inputs
Main Settings
• Signal sensitivity, signal type (All vs Smart)
• Trend display options (Ribbon, Cloud, MA, Chaos Line)
Advanced Settings
• CleanScalper, Trend Ribbon, or EMA-based candle coloring
• RSI zones, reversal signal toggles, and dashboard positions
Risk Management Settings
• Adjustable Take Profit multipliers and SL logic
• Optional TP/SL labels and trend-triggered plotting
Order Block Settings
• Demand/supply zone detection options
• Toggle tested/filled zone handling and colors
🧠 How It Works
Signal Logic:
Signals are fired when the price crosses the dynamic Supertrend with confluence from short-term EMAs and position relative to the 200 EMA.
Trend Direction:
Uses crossover of fast/slow EMA and ADX-based analysis to determine strength and direction across timeframes.
Risk Zone Calculation:
Entry, SL, and TP targets are dynamically calculated using ATR and user-defined risk steps.
Reversal & Breakout Highlights:
RSI reversal crossovers and pivot-based breakouts help identify extreme conditions or upcoming momentum bursts.
🔔 Alerts
While alerts are not currently built-in, the structure allows easy implementation of alerts for:
Buy/Sell signals
Trend Direction Change
Reversal Points
Let us know in comments if you want alert-ready version.
🧩 Ideal Use Cases
Scalping: Use 1min/3min chart with Smart Signals and chaos trend for quick in-out trades.
Swing Trading: Use 15min to 1H timeframe with EMA cloud, OB zones, and multi-timeframe dashboard.
Trend Confirmation: Confirm entries using dashboard + trend ribbon + signal direction.
🧠 Tips
Turn off what you don’t need: dashboard, order blocks, chaos lines, or risk zones.
Start with the “Smart Signals” toggle on for clean, filtered entries.
Combine with volume or momentum indicators for best results.
⚠️ Disclaimer
This script is for educational and informational purposes only. Past performance does not guarantee future results. Always backtest before using in live trading. Author is not responsible for any financial decisions made using this tool.
✨ Credits
• Developed with ❤️ by Jayadev Rana (Quant OTC)
• Based on classic Supertrend, RSI, ADX, and EMA Ribbon methodologies
• Enhanced through feedback from traders across India’s active F&O community
👉 If you find this helpful, leave a like ❤️, follow for updates, or request more features in the comments.
Let's make trading smarter, not harder!
Correlation Matrix🔍 Overview
The Correlation Matrix (Lower Triangle Only) is a powerful visualization tool that helps traders and analysts quickly assess the statistical relationship between multiple assets. This script calculates and displays Pearson correlation coefficients between five user-defined symbols over a specified time period and resolution.
Instead of cluttering the chart with redundant data, this matrix only shows the lower triangle of the correlation table. This allows you to focus on unique symbol pairings, improving readability and clarity.
⚙️ Features
✅ Five Customizable Symbols
The matrix is fully customizable. You can input any five symbols via the settings panel.
Examples: Compare ETFs like SPY, GLD, TLT, USO, and BTCUSD, or swap them for stocks, indices, crypto, or forex pairs.
✅ Adjustable Timeframe & Length
Choose your desired timeframe (e.g., Daily, Weekly, Hourly) for correlation calculation.
Set the lookback period (default is 21 bars) to tune the sensitivity and granularity of the data.
✅ Lower Triangle Design (No Redundancy)
Only unique correlations are shown below the diagonal.
The diagonal cells show a value of 1.00, representing perfect correlation of each symbol with itself.
The upper triangle is intentionally left blank to avoid duplicate entries.
✅ Clean Table Format
Correlations are displayed in a neatly aligned matrix using the table feature.
Row and column headers automatically display the selected symbol names.
📘 How to Use
Add the script to your chart.
Open the settings panel (gear icon) to:
Enter any five symbols (tickers).
Choose a timeframe (e.g., "D", "W", "60").
Set the correlation length (number of bars to compare).
The correlation matrix will appear in the top-right corner of your chart.
Each cell below the diagonal shows the Pearson correlation coefficient between the corresponding pair of assets:
+1.00: Perfect positive correlation
-1.00: Perfect negative (inverse) correlation
0.00: No correlation
🧠 Practical Applications
Identify asset diversification opportunities (e.g., choosing low-correlation assets).
Spot strongly correlated pairs for pairs trading strategies.
Monitor how intermarket relationships evolve over time (e.g., stocks vs. gold, bonds, or crypto).
Use in portfolio risk management and hedging strategies.
💡 Tips
A longer lookback period (e.g., 60 or 90 bars) will smooth the correlations, while a shorter one (e.g., 10–21 bars) reveals more dynamic relationships.
You can update symbols on-the-fly to run ad hoc comparative analysis across sectors or asset classes.
ADX + DI + EMA Dashboard (BKNY)*** UPDATED VERSION ***
This Indicator creates a dynamic dashboard that combines ADX (Average Directional Index), Directional Movement Index (DI), and Exponential Moving Averages (EMA) to provide a comprehensive view of market trends. The indicator helps traders assess the strength and direction of trends based on key technical indicators.
Features:
ADX: Measures the strength of the trend, allowing traders to identify whether a trend is strong or weak.
+DI and -DI: Show the bullish and bearish directional movements, helping to identify market direction.
EMA Crossover: Compares the fast and slow EMAs to determine the trend’s direction.
Customizable Features:
Adjust the calculation length for ADX, DI, and EMAs.
Set ADX and DI thresholds to define trend strength and direction.
EMA lengths are fully customizable for both fast and slow EMAs.
Display options allow users to show or hide ADX, DI, and EMA values on the dashboard.
Customize the colors to represent bullish, bearish, or neutral trend conditions for ADX, DI, and EMA.
Timeframe selection allows users to choose the preferred timeframe for trend analysis.
The dashboard position, layout, and display are fully customizable, letting users tailor the information shown according to their trading preferences.
This script provides an at-a-glance view of key trend indicators, with flexibility to tailor both the data shown and the visual presentation to individual trading needs.
zanx 1.0This indicator combines the Keltner Channel, Bollinger Bands, an Exponential Moving Average (EMA), and the HiLo to identify buy and sell opportunities based on trend and volatility confluence. Candles are colored based on specific conditions: green for potential buys, red for potential sells, and white for neutral zones. The strategy includes entry rules, stop loss, and take profit targeting a 1:1 risk/reward ratio
Opening Range Break (ORB)📈 Opening Range Break (ORB) with Session Levels & Alerts
This indicator highlights key trading sessions (London, London–NY Overlap, NY PM) with automatic high/low range tracking, optional labels, and breakout alerts.
Features:
✅ Session range plotting (custom time & color)
🟦 Weekly high/low levels (optional)
🔔 Breakout + retest alert system (customizable per session)
📊 200 EMA trend overlay
🔥 Real candle high/low support even when using Heikin Ashi (toggle on/off)
Perfect for intraday traders looking to catch session breakouts or price action around key levels.
Impulse Volume Oscillator [Alpha Extract]Impulse Volume Oscillator
A sophisticated indicator designed to identify market impulse moves and volume-based momentum shifts, helping traders capture significant price movements with precision.
Combining price deviations with volume analysis, this oscillator dynamically measures market strength and weakness, providing clear signals for potential trend continuations and reversals.
🔶 Volume-Adjusted Normalization
Utilizes a unique normalization technique that incorporates volume impact to enhance signal quality. This approach ensures the indicator responds more strongly to high-volume price movements while filtering out low-volume noise.
vol_ratio = ta.rsi(volume, 14) / 50
vol_factor = vol_impact > 0 ? 1 + (vol_ratio - 1) * vol_impact : 1
raw_normalized = dev / (ta.stdev(source, bars) * mult)
vol_adjusted = raw_normalized * vol_factor
normalized = ta.sma(vol_adjusted, smooth)
🔶 Adaptive Regime Detection
Incorporates threshold-based regime identification that clearly distinguishes between trending and mean-reverting market conditions. The customizable threshold system allows traders to adapt to different market volatilities and timeframes.
🔶 Customizable Parameters
Fine-tune detection sensitivity with adjustable inputs for lookback period, standard deviation multiplier, volume impact, and signal smoothing. These parameters enable traders to optimize the indicator for various trading styles and market conditions.
❓How It Works
🔶 Impulse Calculation
The oscillator measures price deviation from a moving average baseline, normalized by standard deviation, and then adjusts the signal based on relative volume strength. This creates a responsive yet stable indicator that accurately reflects market momentum.
// Calculate the basis using the selected MA
basis = get_ma(source, bars)
// Calculate the normalized value with volume impact
dev = source - basis
🔶 Dynamic Visualization
The histogram changes color based on signal strength, providing instant visual cues about market conditions. Green bars indicate positive momentum while red bars represent negative momentum, with color intensity reflecting signal strength.
🔶 Trend Confirmation
Built-in trend direction analysis provides confluence with the primary signal, helping traders distinguish between counter-trend bounces and genuine trend reversals. This dual-confirmation approach significantly reduces false signals.
🔶 Visual Alerts & Boundary Tracking
Monitors signal extremes and dynamically adjusts visualization transparency based on signal strength. The indicator highlights particularly strong impulse moves with background shading, making potential trading opportunities immediately apparent.
🔶 Custom Candle Coloring
Optional candle coloring applies the same color logic as the histogram directly to price candles, providing a unified visual framework that helps traders correlate indicator signals with price action.
🔶 Momentum Shift Detection
Automatically identifies important zero-line crossovers that often signify the beginning of new impulse moves. These transition points frequently offer favorable risk/reward entry opportunities.
🔶 Snapshot samples
1 Week
1 Day
15 Min
🔶 Why Choose AE - Impulse Volume Oscillator?
This indicator provides a comprehensive approach to identifying significant market moves by combining volume analysis with price momentum. By offering clear visual signals for both trend continuation and reversal scenarios, it empowers traders to make more informed decisions across various market conditions and timeframes.
Volume NodesVolume Nodes Indicator:
What This Indicator Does:
The Volume Nodes indicator identifies and visualizes statistically significant volume events on your chart, helping you identify important price levels where substantial trading activity has occurred. Unlike standard volume indicators, Volume Nodes:
Uses statistical analysis (z-scores) to identify truly abnormal volume bars
Calculates accurate buy/sell volume ratios by analyzing all lower timeframe data
Identifies the Volume Point of Control (VPOC) for high volume areas
Visualizes significant volume ranges as they extend across the chart
Tracks when price interacts with these important levels
Key Features:
High Volume Detection: Highlights bars with unusually high volume (z-score above threshold)
Low Volume Detection: Highlights bars with unusually low volume (z-score below threshold)
VPOC Lines: Horizontal lines showing the exact price level with maximum volume concentration
Volume Range Fills: Shaded areas showing the entire price range with significant volume
Accurate Volume Metrics: Shows true buy/sell volume ratios or delta percentages derived from lower timeframe data
How to Use It in Your Trading: **Move to front in the visual order on chart**
Step 1: Identify Important Volume Zones
High Volume Bars (green/red candles) indicate where significant buying or selling has occurred
VPOC Lines extending from these bars show you the exact price level with highest volume
Range Fills show you the entire zone where significant volume occurred
Step 2: Use These Levels for Trading Decisions
Support/Resistance: VPOC lines often act as support or resistance levels
Breakout Validation: Breakouts on high volume are more likely to be valid
Low Volume Warning: Low volume bars (yellow) often indicate indecision or potential reversals
Trading with Volume Flow: Use the buy/sell ratio or delta % to confirm the strength and direction of moves
Step 3: Monitor Price Interaction with Volume Zones
When price approaches a VPOC line, watch for reaction (bounce or breakout)
When price enters a volume range area, increased volatility often follows
When price crosses a VPOC line, the line changes transparency indicating it's been tested
Tips for Optimal Use
Higher Timeframes: The indicator works exceptionally well on higher timeframes (4H, daily, weekly) where volume patterns are more significant
Range Trading: Use volume nodes to identify the boundaries of trading ranges
Combine with Price Action: Look for price action confirmation (rejections, engulfing patterns) at VPOC levels
Multiple Timeframe Analysis: Compare volume nodes across different timeframes to find confluent levels
Alert Setup: Set up alerts for when price enters important volume zones or crosses VPOC lines
Reversal Signals: High volume bars with significant wicks often signal exhaustion points where smart money is transferring positions. Bullish candles with long upper wicks suggest sellers absorbing buying pressure at highs, while bearish candles with long lower wicks indicate buyers stepping in at lows - both potentially signaling momentum shifts that precede reversals.
The indicator is particularly valuable for identifying levels where large players have been active in the market and are likely to defend or act again in the future.
Previous Day Open & Close ETH (BKNY)Utilizing ELECTRONIC TRADING HOURS this indicator plots the previous day’s open (PDO) and close (PDC) levels on the chart to help identify key reference points. It offers customizable settings for line color, width, style (solid, dashed, dotted), and extension (up to 50 bars ahead). Additionally, it includes an option to adjust the text size for the labels ("PDO" and "PDC") displayed at the end of each line.
Customizable Line Styles: Choose between solid, dashed, or dotted lines.
Adjustable Line Extension: Extend lines forward from the previous day’s open and close up to 50 bars.
Dynamic Labeling: Displays "PDO" and "PDC" labels at the end of the lines with adjustable text size.
Efficient Line Management: Automatically deletes previous day’s lines and labels when a new day starts, ensuring only the most recent data is shown.
This tool provides an easy way to track the previous day’s open and close levels for use in your trading analysis.
Z-Score V2Z-Score Reversal Indicator for TradingView
Catch Overextended Trends & Potential Reversals Using Statistical Z-Scores
📌 Overview
This indicator calculates the Z-score of price movements, helping traders identify overbought and oversold conditions based on standard deviations from the mean.
Plots the Z-score (forest green line) to visualize momentum strength.
Key levels at ±1, ±2, ±3 standard deviations (dashed white lines) highlight potential reversal zones.
Customizable lookback period to adjust sensitivity.
Ideal for:
Mean-reversion strategies
Trend exhaustion detection
Breakout confirmation
📊 How It Works (The Math Behind It)
The Z-score measures how far the current price is from its mean, normalized by standard deviation.
🔹 Formula:
Z = (X − μ) / σ
X = Current price (or selected source)
μ = Simple Moving Average (SMA) over the lookback period
σ = Standard deviation over the lookback period
🎯 Trading Applications
Reversal Trading (Mean Reversion):
Short near +2 or +3 (expecting a pullback toward the mean).
Long near -2 or -3 (expecting a bounce toward the mean).
Trend Continuation (Breakout Confirmation):
If price breaks above +2 or +3, momentum may continue further.
If price breaks below -2 or -3, downtrend may accelerate.
Divergence Detection:
If price makes a new high but Z-score fails to reach prior highs, weakening momentum (bearish divergence).
If price makes a new low but Z-score fails to reach prior lows, potential bullish reversal.
⚙️ Customization Options
Adjustable Lookback Period – Modify sensitivity (shorter = more responsive, longer = smoother).
Source Selection – Apply to close, open, hl2, etc.
Clean Visuals – Plotlines do not distort scaling (only Z-score affects autofit).
ADX + DI + EMA Dashboard (BKNY)This Indicator creates a dynamic dashboard that combines ADX (Average Directional Index), Directional Movement Index (DI), and Exponential Moving Averages (EMA) to provide a comprehensive view of market trends. The indicator helps traders assess the strength and direction of trends based on key technical indicators.
Features:
ADX: Measures the strength of the trend, allowing traders to identify whether a trend is strong or weak.
+DI and -DI: Show the bullish and bearish directional movements, helping to identify market direction.
EMA Crossover: Compares the fast and slow EMAs to determine the trend’s direction.
Customizable Features:
Adjust the calculation length for ADX, DI, and EMAs.
Set ADX and DI thresholds to define trend strength and direction.
EMA lengths are fully customizable for both fast and slow EMAs.
Display options allow users to show or hide ADX, DI, and EMA values on the dashboard.
Customize the colors to represent bullish, bearish, or neutral trend conditions for ADX, DI, and EMA.
Timeframe selection allows users to choose the preferred timeframe for trend analysis.
The dashboard layout and display are fully customizable, letting users tailor the information shown according to their trading preferences.
This script provides an at-a-glance view of key trend indicators, with flexibility to tailor both the data shown and the visual presentation to individual trading needs.
First 5-Min Candle Targetssquare root of first five minute candle closing price and target of 45 deg
Reddington Vip**Brief Description of the "Reddington Vip" Code**
**What is Used:**
- **Indicators and Strategies**:
- **MACD**: Price forecasting based on MACD and signal line crossovers.
- **Higher High/Lower Low**: Identifies support/resistance levels and trends.
- **LazyScalp Board**: Displays volume, volatility (NATR), and correlation.
- **Smart Money Concepts**: Analyzes market structure (BoS, CHoCH, Order Blocks).
- **Adaptive Trend Finder**: Assesses trend strength using Pearson's correlation.
- **Additional**: EMA, RSI, ATR, Fibonacci, Auto Fibs, trend channels.
- **Visualization**: Lines, areas, tables, and labels for levels and signals.
- **Settings**: Flexible parameters for MACD, periods, colors, stop-loss levels, etc.
**How to Trade with the Code:**
1. **Entry Signals**:
- **Long (Buy)**: Triggered by a false breakout of support, RSI > 40, MACD > signal line, and volume above average.
- **Short (Sell)**: Triggered by a false breakout of resistance, RSI < 60, MACD < signal line, and volume above average.
2. **Exit**:
- Take-Profit: Close position on an opposite signal (Long closes on Sell, Short on Buy).
- Stop-Loss: Customizable loss percentage (default 25%).
3. **Confirmation**:
- Use support/resistance levels, Order Blocks, and trend channels to filter signals.
- Monitor LazyScalp Board: High volume and NATR strengthen signals.
4. **Timeframes**: Suitable for any timeframe, but optimize parameters for your asset.
5. **Alerts**: Set up notifications for entry, take-profit, and stop-loss signals.
**Disclaimer from Reddington**:
"Ladies and gentlemen, this code is merely a tool in your arsenal, not a magical key to wealth. Markets are chaotic, and even the best strategies can fail. Trade wisely, manage risks, and do not rely solely on automation. I, Reddington, provide this code as an idea, but the responsibility for your trades rests solely with you. Good luck, and may the market be kind to you!"
**Note**: Test the strategy on historical data and a demo account before use. Adjust parameters to suit your trading style and asset.
Inside Candle Breakout with Chain DetectionA snarky little tool that spots Inside-Outside candle patterns across multiple timeframes and strings them together when they’re all marching in the same direction. Handy for catching reversals, momentum shifts, or those soul-crushing lulls. Just remember — it’s candle patterns, not magic. Don’t bet the ranch.
Nasan Market Phase ClassifierThe Nasan Market Phase Classifier indicator designed to classify market phases using volume, volatility (or momentum), and statistical analysis. Here's a summary of how it works and what it does:
🔍 Core Concept
This indicator classifies the market into four phases based on volume and ATR (or optionally momentum):
High Volume / High ATR or Momentum (HV/HATR): Strong Trend
Low Volume / High ATR or Momentum (LV/HATR): False Breakout / Exhaustion
High Volume / Low ATR or Momentum (HV/LATR): Consolidation
Low Volume / Low ATR or Momentum (LV/LATR): Stagnation
⚙️ Key Settings
Short-Term Length: Used for the active market phase.
Long-Term Length: Used as the expected/benchmark distribution.
Use Momentum: Replaces volatility (ATR) with momentum (custom ROC-based formula).
Use Fixed Alpha: Toggles adaptive vs. fixed weighting in scoring (this is based on variation of the volatility - standard deviation of true range).
📊 How It Works
Volatility or Momentum Scoring:
Uses ATR-based or Momentum-based score depending on the setting.
Applies weighing (alpha) which is based on variability of the volatility itself.
Market Phase Count:
Measures how often each of the 4 volume/volatility combinations occur in:
Short-term window (observed phase)
Long-term window (expected distribution)
Category Proportions:
Calculates percentage share of each category (e.g., % time in HV/HATR).
Plots these on chart to visually see market phase dominance (can be used for screening of pine screener).
Statistical Testing:
IQV (Index of Qualitative Variation): Measures phase diversity (0 = focused, 1 = mixed).
Chi-Squared Test: Compares current vs. historical phase distribution.
Z-Test: Tests if current phase dominance is statistically significant.
📋 Outputs
On-Chart Plots and Tabels:
Strong Trend, False Breakout/Exhaustion, Consolidation, Stagnation
Strength Quality Plot: Trend strength normalized by IQV.
Dynamic Table (Top Right):
Shows each phase’s proportion (the current phase cell is highlighted in yellow), IQV, Chi² value, and current dominant phase. The current candle classification (text) is in purple.
Highlights the dominant phase classification and color-codes significance (the cell highlighted in green highly confident about the classification, orange intermediate confidence and red low confidence). This color coding is not just based on statistical significance it is based on IQV which takes into account how spread the proportions are.
🧠 Interpretation
A dominant HV/HATR phase with low IQV and high Z-Score indicates a strong and statistically significant trend.
High IQV suggests uncertainty or mixed market behavior.
Chi² spike indicates a shift from historical behavior can be used to see is the market behavior changing by changing the long term length say to 252 and short term length to 21 this will tell if the short term behavior is different from the past 252 day behavior.
ATR or ATR% with Optional MA [ATN]ATR (% or Points) with MA
This indicator calculates the Average True Range (ATR) and gives you the flexibility to visualize it in either percentage terms or absolute point values, with dynamic formatting.
You can choose between using the closing price or a simple moving average (SMA) as the base for the percentage calculation.
Additionally, it includes an optional smoothing moving average (EMA or SMA) applied to the ATR output for cleaner trend visualization.
✅ Select between % or Points
✅ Choose SMA or Close as the base
✅ Toggle and configure a smoothing MA
✅ Auto-formatted y-axis (2 decimals for %, 5 for points)
✅ Built-in zero line for fast visual interpretation
Ideal for identifying volatility spikes, risk expansion/contraction, or as a building block for trend filtering and position sizing systems.
“If this tool helps your trading, give it a Boost to support more releases!”
Developed by ATN
100to100K B*C*RThis is an incomplete test version.
Use BB, CCI, and RSI to express the inflection point of the trend or the duration of the trend.
Sooner or later, we plan to update the split blade signal, the entire blade signal, and the long signal.
For more information on how to use it, please contact us in the chat room
