Volume Cluster Heatmap [BackQuant]Volume Cluster Heatmap
A visualization tool that maps traded volume across price levels over a chosen lookback period. It highlights where the market builds balance through heavy participation and where it moves efficiently through low-volume zones. By combining a heatmap, volume profile, and high/low volume node detection, this indicator reveals structural areas of support, resistance, and liquidity that drive price behavior.
What Are Volume Clusters?
A volume cluster is a horizontal aggregation of traded volume at specific price levels, showing where market participants concentrated their buying and selling.
High Volume Nodes (HVN) : Price levels with significant trading activity; often act as support or resistance.
Low Volume Nodes (LVN) : Price levels with little trading activity; price moves quickly through these areas, reflecting low liquidity.
Volume clusters help identify key structural zones, reveal potential reversals, and gauge market efficiency by highlighting where the market is balanced versus areas of thin liquidity.
By creating heatmaps, profiles, and highlighting high and low volume nodes (HVNs and LVNs), it allows traders to see where the market builds balance and where it moves efficiently through thin liquidity zones.
Example: Bitcoin breaking away from the high-volume zone near 118k and moving cleanly through the low-volume pocket around 113k–115k, illustrating how markets seek efficiency:
Core Features
Visual Analysis Components:
Heatmap Display : Displays volume intensity as colored boxes, lines, or a combination for a dynamic view of market participation.
Volume Profile Overlay : Shows cumulative volume per price level along the right-hand side of the chart.
HVN & LVN Labels : Marks high and low volume nodes with color-coded lines and labels.
Customizable Colors & Transparency : Adjust high and low volume colors and minimum transparency for clear differentiation.
Session Reset & Timeframe Control : Dynamically resets clusters at the start of new sessions or chosen timeframes (intraday, daily, weekly).
Alerts
HVN / LVN Alerts : Notify when price reaches a significant high or low volume node.
High Volume Zone Alerts : Trigger when price enters the top X% of cumulative volume, signaling key areas of market interest.
How It Works
Each bar’s volume is distributed proportionally across the horizontal price levels it touches. Over the lookback period, this builds a cumulative volume profile, identifying price levels with the most and least trading activity. The highest cumulative volume levels become HVNs, while the lowest are LVNs. A side volume profile shows aggregated volume per level, and a heatmap overlay visually reinforces market structure.
Applications for Traders
Identify strong support and resistance at HVNs.
Detect areas of low liquidity where price may move quickly (LVNs).
Determine market balance zones where price may consolidate.
Filter noise: because volume clusters aggregate activity into levels, minor fluctuations and irrelevant micro-moves are removed, simplifying analysis and improving strategy development.
Combine with other indicators such as VWAP, Supertrend, or CVD for higher-probability entries and exits.
Use volume clusters to anticipate price reactions to breaking points in thin liquidity zones.
Advanced Display Options
Heatmap Styles : Boxes, lines, or both. Boxes provide a traditional heatmap, lines are better for high granularity data.
Line Mode Example : Simplified line visualization for easier reading at high level counts:
Profile Width & Offset : Adjust spacing and placement of the volume profile for clarity alongside price.
Transparency Control : Lower transparency for more opaque visualization of high-volume zones.
Best Practices for Usage
Reduce the number of levels when using line mode to avoid clutter.
Use HVN and LVN markers in conjunction with volume profiles to plan entries and exits.
Apply session resets to monitor intraday vs. multi-day volume accumulation.
Combine with other technical indicators to confirm high-probability trading signals.
Watch price interactions with LVNs for potential rapid movements and with HVNs for possible support/resistance or reversals.
Technical Notes
Each bar contributes volume proportionally to the price levels it spans, creating a dynamic and accurate representation of traded interest.
Volume profiles are scaled and offset for visual clarity alongside live price.
Alerts are fully integrated for HVN/LVN interaction and high-volume zone entries.
Optimized to handle large lookback windows and numerous price levels efficiently without performance degradation.
This indicator is ideal for understanding market structure, detecting key liquidity areas, and filtering out noise to model price more accurately in high-frequency or algorithmic strategies.
Indikatoren und Strategien
RSI VWAP v1 [JopAlgo]RSI VWAP v1.1 made stronger by volume-aware!
We know there's nothing new and the original RSI already does an excellent job. We're just working on small, practical improvements – here's our take: The same basic idea, clearer display, and a single, specially developed rolling line: a VWAP of the RSI that incorporates volume (participation) into the calculation.
Do you prefer the pure classic?
You can still use Wilder or Cutler engines –
but the star here is the VW-RSI + rolling line.
This RSI also offers the possibility of illustrating a possible
POC (Point of Control - or the HAL or VAL) level.
However, the indicator does NOT plot any of these levels itself.
We have included an illustration in the chart for this!
We hope this version makes your decision-making easier.
What you’ll see
The RSI line with a 50 midline and optional bands: either static 70/30 or adaptive μ±k·σ of the Rolling Line.
One smoothing concept only: the Rolling Line (light blue) = VWAP of RSI.
Shadow shading between RSI and the Rolling Line (green when RSI > line, red when RSI < line).
A lighter tint only on the parts of that shadow that sit above the upper band or below the lower band (quick overbought/oversold context).
Simple divergence lines drawn from RSI pivots (green for regular bullish, red for regular bearish). No labels, no buy/sell text—kept deliberately clean.
What’s new, and why it helps
VW-RSI engine (default):
RSI can be computed from volume-weighted up/down moves, so momentum reflects how much traded when price moved—not just the direction.
Rolling Line (VWAP of RSI) with pure VWAP adaptation:
Low volume: blends toward a faster VWAP so early, thin starts aren’t missed.
Volume spikes: blends toward a slower VWAP so a single heavy bar doesn’t whip the curve.
You can reveal the Base Rolling (pre-adaptation) line to see exactly how much adaptation is happening.
Adaptive bands (optional):
Instead of fixed 70/30, use mean ± k·stdev of the Rolling Line over a lookback. Levels breathe with the market—useful in strong trends where static bounds stay pinned.
Minimal, readable panel:
One smoothing, one story. The shadow tells you who’s in control; the lighter highlight shows stretch beyond your lines.
How to read it (fast)
Bias: RSI above 50 (and a rising Rolling Line) → bullish bias; below 50 → bearish bias.
Trigger: RSI crossing the Rolling Line with the bias (e.g., above 50 and crossing up).
Stretch: Near/above the upper band, avoid chasing; near/below the lower band, avoid panic—prefer a cross back through the line.
Divergence lines: Use as context, not as standalone signals. They often help you wait for the next cross or avoid late entries into exhaustion.
Settings that actually matter
RSI Engine: VW-RSI (default), Wilder, or Cutler.
Rolling Line Length: the VWAP length on RSI (higher = calmer, lower = earlier).
Adaptive behavior (pure VWAP):
Speed-up on Low Volume → blends toward fast VWAP (factor of your length).
Dampen Spikes (volume z-score) → blends toward slow VWAP.
Fast/Slow Factors → how far those fast/slow variants sit from the base length.
Bands: choose Static 70/30 or Adaptive μ±k·σ (set the lookback and k).
Visuals: show/hide Base Rolling (ref), main shadow, and highlight beyond bands.
Signal gating: optional “ignore first bars” per day/session if you dislike open noise.
Starter presets
Scalp (1–5m): RSI 9–12, Rolling 12–18, FastFactor ~0.5, SlowFactor ~2.0, Adaptive on.
Intraday (15m–1H): RSI 10–14, Rolling 18–26, Bands k = 1.0–1.4.
Swing (4H–1D): RSI 14–20, Rolling 26–40, Bands k = 1.2–1.8, Adaptive on.
Where it shines (and limits)
Best: liquid markets where volume structure matters (majors, indices, large caps).
Works elsewhere: even with imperfect volume, the shadow + bands remain useful.
Limits: very thin/illiquid assets reduce the benefit of volume-weighting—lengthen settings if needed.
Attribution & License
Based on the concept and baseline implementation of the “Relative Strength Index” by TradingView (Pine v6 built-in).
Released as Open-source (MPL-2.0). Please keep the license header and attribution intact.
Disclaimer
For educational purposes only; not financial advice. Markets carry risk. Test first, use clear levels, and manage risk. This project is independent and not affiliated with or endorsed by TradingView.
Anchored VWAP Polyline [CHE] Anchored VWAP Polyline — Anchored VWAP drawn as a polyline from a user-defined bar count with last-bar updates and optional labels
Summary
This indicator renders an anchored Volume-Weighted Average Price as a continuous polyline starting from a user-selected anchor point a specified number of bars back. It accumulates price multiplied by volume only from the anchor forward and resets cleanly when the anchor moves. Drawing is object-based (polyline and labels) and updated on the most recent bar only, which reduces flicker and avoids excessive redraws. Optional labels mark the anchor and, conditionally, a delta label when the current close is below the historical close at the anchor offset.
Motivation: Why this design?
Anchored VWAP is often used to track fair value after a specific event such as a swing, breakout, or session start. Traditional plot-based lines can repaint during live updates or incur overhead when frequently redrawn. This implementation focuses on explicit state management, last-bar rendering, and object recycling so the line stays stable while remaining responsive when the anchor changes. The design emphasizes deterministic updates and simple session gating from the anchor.
What’s different vs. standard approaches?
Baseline: Classic VWAP lines plotted from session open or full history.
Architecture differences:
Anchor defined by a fixed bar offset rather than session or day boundaries.
Object-centric drawing via `polyline` with an array of `chart.point` objects.
Last-bar update pattern with deletion and replacement of the polyline to apply all points cleanly.
Conditional labels: an anchor marker and an optional delta label only when the current close is below the historical close at the offset.
Practical effect: You get a visually continuous anchored VWAP that resets when the anchor shifts and remains clean on chart refreshes. The labels act as lightweight diagnostics without clutter.
How it works (technical)
The anchor index is computed as the latest bar index minus the user-defined bar count.
A session flag turns true from the anchor forward; prior bars are excluded.
Two persistent accumulators track the running sum of price multiplied by volume and the running sum of volume; they reset when the session flag turns from false to true.
The anchored VWAP is the running sum divided by the running volume whenever both are valid and the volume is not zero.
Points are appended to an array only when the anchored VWAP is valid. On the most recent bar, any existing polyline is deleted and replaced with a new one built from the point array.
Labels are refreshed on the most recent bar:
A yellow warning label appears when there are not enough bars to compute the reference values.
The anchor label marks the anchor bar.
The delta label appears only when the current close is below the close at the anchor offset; otherwise it is suppressed.
No higher-timeframe requests are used; repaint is limited to normal live-bar behavior.
Parameter Guide
Bars back — Sets the anchor offset in bars; default two hundred thirty-three; minimum one. Larger values extend the anchored period and increase stability but respond more slowly to regime changes.
Labels — Toggles all labels; default enabled. Disable to keep the chart clean when using multiple instances.
Reading & Interpretation
The polyline represents the anchored VWAP from the chosen anchor to the current bar. Price above the line suggests strength relative to the anchored baseline; price below suggests weakness.
The anchor label shows where the accumulation starts.
The delta label appears only when today’s close is below the historical close at the offset; it provides a quick context for negative drift relative to that reference.
A yellow message at the current bar indicates the chart does not have enough history to compute the reference comparison yet.
Practical Workflows & Combinations
Trend following: Anchor after a breakout bar or a swing confirmation. Use the anchored VWAP as dynamic support or resistance; look for clean retests and holds for continuation.
Mean reversion: Anchor at a local extreme and watch for approaches back toward the line; require structure confirmation to avoid early entries.
Session or event studies: Re-set the anchor around earnings, macro releases, or session opens by adjusting the bar offset.
Combinations: Pair with structure tools such as swing highs and lows, or with volatility measures to filter chop. The labels can be disabled when combining multiple instances to maintain chart clarity.
Behavior, Constraints & Performance
Repaint and confirmation: The line is updated on the most recent bar only; historical values do not rely on future bars. Normal live-bar movement applies until the bar closes.
No higher timeframe: There is no `security` call; repaint paths related to higher-timeframe lookahead do not apply here.
Resources: Uses one polyline object that is rebuilt on the most recent bar, plus two labels when conditions are met. `max_bars_back` is two thousand. Arrays store points from the anchor forward; extremely long anchors or very long charts increase memory usage.
Known limits: With very thin volume, the VWAP can be unavailable for some bars. Very large anchors reduce responsiveness. Labels use ATR for vertical placement; extreme gaps can place them close to extremes.
Sensible Defaults & Quick Tuning
Starting point: Bars back two hundred thirty-three with Labels enabled works well on many assets and timeframes.
Too noisy around the line: Increase Bars back to extend the accumulation window.
Too sluggish after regime changes: Decrease Bars back to focus on a shorter anchored period.
Chart clutter with multiple instances: Disable Labels while keeping the polyline visible.
What this indicator is—and isn’t
This is a visualization of an anchored VWAP with optional diagnostics. It is not a full trading system and does not include entries, exits, or position management. Use it alongside clear market structure, risk controls, and a plan for trade management. It does not predict future prices.
Inputs with defaults
Bars back: two hundred thirty-three bars, minimum one.
Labels: enabled or disabled toggle, default enabled.
Pine version: v6
Overlay: true
Primary outputs: one polyline, optional labels (anchor, conditional delta, and a warning when insufficient bars).
Metrics and functions: volume, ATR for label offset, object drawing via polyline and chart points, last-bar update pattern.
Special techniques: session gating from the anchor, persistent state, object recycling, explicit guards against unavailable values and zero volume.
Compatibility and assets: Designed for standard candlestick or bar charts across liquid assets and common timeframes.
Diagnostics: Yellow warning label when history is insufficient.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
Fury by Tetrad Fury by Tetrad
What it is:
A rules-based Bollinger+RSI strategy that fades extremes: it looks for price stretching beyond Bollinger Bands while RSI confirms exhaustion, enters countertrend, then exits at predefined profit multipliers or optional stoploss. “Ultra Glow” visuals are purely cosmetic.
How it works — logic at a glance
Framework: Classic Bollinger Bands (SMA basis; configurable length & multiplier) + RSI (configurable length).
Long entries:
Price closes below the lower band and RSI < Long RSI threshold (default 28.3) → open LONG (subject to your “Market Direction” setting).
Short entries:
Price closes above the upper band and RSI > Short RSI threshold (default 88.4) → open SHORT.
Profit exits (price targets):
Uses simple multipliers of the strategy’s average entry price:
Long exit = `entry × Long Exit Multiplier` (default 1.14).
Short exit = `entry × Short Exit Multiplier` (default 0.915).
Risk controls:
Optional pricebased stoploss (disabled by default) via:
Long stop = `entry × Long Stop Factor` (default 0.73).
Short stop = `entry × Short Stop Factor` (default 1.05).
Directional filter:
“Market Direction” input lets you constrain entries to Market Neutral, Long Only, or Short Only.
Visuals:
“Ultra Glow” draws thin layered bands around upper/basis/lower; these do not affect signals.
> Note: Inputs exist for a timebased stop tracker in code, but this version exits via targets and (optional) price stop only.
Why it’s different / original
Explicit extreme + momentum pairing: Entries require simultaneous band breach and RSI exhaustion, aiming to avoid entries on gardenvariety volatility pokes.
Deterministic exits: Multiplier-based targets keep results auditable and reproducible across datasets and assets.
Minimal, unobtrusive visuals: Thin, layered glow preserves chart readability while communicating regime around the Bollinger structure.
Inputs you can tune
Bollinger: Length (default 205), Multiplier (default 2.2).
RSI: Length (default 23), Long/Short thresholds (28.3 / 88.4).
Targets: Long Exit Mult (1.14), Short Exit Mult (0.915).
Stops (optional): Enable/disable; Long/Short Stop Factors (0.73 / 1.05).
Market Direction: Market Neutral / Long Only / Short Only.
Visuals: Ultra Glow on/off, light bar tint, trade labels on/off.
How to use it
1. Timeframe & assets: Works on any symbol/timeframe; start with liquid majors and 60m–1D to establish baseline behavior, then adapt.
2. Calibrate thresholds:
Narrow/meanreverting markets often tolerate tighter RSI thresholds.
Fast/volatile markets may need wider RSI thresholds and stronger stop factors.
3. Pick realistic targets: The default multipliers are illustrative; tune them to reflect typical mean reversion distance for your instrument/timeframe (e.g., ATRinformed profiling).
4. Risk: If enabling stops, size positions so risk per trade ≤ 1–2% of equity (max 5–10% is a commonly cited upper bound).
5. Mode: Use Long Only or Short Only when your discretionary bias or higher timeframe model favors one side; otherwise Market Neutral.
Recommended publication properties (for backtests that don’t mislead)
When you publish, set your strategy’s Properties to realistic values and keep them consistent with this description:
Initial capital: 10,000 (typical retail baseline).
Commission: ≥ 0.05% (adjust for your venue).
Slippage: ≥ 2–3 ticks (or a conservative pertrade value).
Position sizing: Avoid risking > 5–10% equity per trade; fixedfractional sizing ≤ 10% or fixedcash sizing is recommended.
Dataset / sample size: Prefer symbols/timeframes yielding 100+ trades over the tested period for statistical relevance. If you deviate, say why.
> If you choose different defaults (e.g., capital, commission, slippage, sizing), explain and justify them here, and use the same settings in your publication.
Interpreting results & limitations
This is a countertrend approach; it can struggle in strong trends where band breaches compound.
Parameter sensitivity is real: thresholds and multipliers materially change trade frequency and expectancy.
No predictive claims: Past performance is not indicative of future results. The future is unknowable; treat outputs as decision support, not guarantees.
Suggested validation workflow
Try different assets. (TSLA, AAPL, BTC, SOL, XRP)
Run a walkforward across multiple years and market regimes.
Test several timeframes and multiple instruments. (30m Suggested)
Compare different commission/slippage assumptions.
Inspect distribution of returns, max drawdown, win/loss expectancy, and exposure.
Confirm behavior during trend vs. range segments.
Alerts & automation
This release focuses on chart execution and visualization. If you plan to automate, create alerts at your entry/exit conditions and ensure your broker/venue fills reflect your slippage/fees assumptions.
Disclaimer
This script is provided for educational and research purposes. It is not investment advice. Trading involves risk, including the possible loss of principal. © Tetrad Protocol.
TrendShield Pro | DinkanWorldSmart Trailing Trend System Powered by EMA + ATR
TrendShield Pro is a powerful trend detection and trailing stop indicator designed for traders who rely on pure price movement and volatility tracking.
It dynamically adapts to market conditions using a combination of EMA (Exponential Moving Average) and ATR (Average True Range) to identify the active trend and place a visual trailing stop line.
🔍 How It Works
TrendShield Pro combines trend direction and volatility to create a self-adjusting trailing system:
EMA (Exponential Moving Average):
Smooths price fluctuations and identifies the overall market bias.
ATR (Average True Range):
Measures volatility to determine how far the trailing stop should follow the trend.
Dynamic Bands:
Two invisible thresholds are formed — up and down — around the EMA using the ATR and your chosen Factor value.
Trailing Logic:
When the EMA is rising, the Trailing Stop (TUp) locks in higher lows.
When the EMA is falling, the Trailing Stop (TDown) locks in lower highs.
The indicator switches trend automatically based on price crossing these trailing levels.
🧭 Visuals & Features
Green Trailing Line (Demand Trend): Indicates an active bullish trend.
Red Trailing Line (Supply Trend): Indicates an active bearish trend.
Arrow Signals:
🟢 Up Arrow → Bullish Trend Reversal
🔴 Down Arrow → Bearish Trend Reversal
Diamond Markers: Show points where the trailing line shifts, marking dynamic volatility changes.
⚙️ Inputs
Input Description
EMA Period Length of the Exponential Moving Average
ATR Period Period used for Average True Range calculation
Factor Multiplier for ATR-based volatility expansion
[Fune]-Trend Technology🌊 - Trend Technology
“Flow with the trend — read every wave.”
🎯 Concept
Micro EMA (White) – Short-term pulse
Mid EMA (Aqua) – Medium-term direction
Macro EMA (Orange) – Long-term flow
Mid- to long-term references:
100 EMA = Yellow (trend balance)
300 EMA = Blue (structural anchor)
In addition, the PLR (Periodic Linear Regression) reveals the cyclical rhythm of the market trend — a recurring regression curve that reflects the underlying heartbeat of price movement.
📊 Trend Logic Summary
Condition Color Meaning Action
Mid > Macro 🟢 Green background Bullish trend Look for long opportunities
Mid < Macro 🔴 Red background Bearish trend Look for short opportunities
PLR slope > 0 📈 Upward bias Confirms bullish momentum
PLR slope < 0 📉 Downward bias Confirms bearish momentum
Micro EMA (White) dominant ⚪ White background Neutral / Resting phase Stand aside and wait
🧭 Trading Guidance
🟢 Long Setup: Green background + PLR slope upward + price above 100/300 EMA
🔴 Short Setup: Red background + PLR slope downward + price below 100/300 EMA
⚪ No Trade: White background, EMAs converging, or PLR slope flattening
⚓ Philosophy of
“ (The Boat) is a vessel sailing across the ocean of the market.
The EMAs are its sails, the PLR its compass.
The trader holds the helm, while the divine wind guides the waves.
Only those who move with the current — not against it —
will one day reach the state of ‘mindless clarity.’”
Fish OrbThis indicator marks and tracks the first 15-minute range of the New York session open (default 9:30–9:45 AM ET) — a critical volatility period for futures like NQ (Nasdaq).
It helps you visually anchor intraday price action to that initial opening range.
Core Functionality
1. Opening Range Calculation
It measures the High, Low, and Midpoint of the first 15 minutes after the NY market opens (default 09:30–09:45 ET).
You can change the window or timezone in the inputs.
2. Visual Overlays
During the 15-minute window:
A teal shaded box highlights the open range period.
Live white lines mark the current High and Low.
A red line marks the midpoint (mid-range).
These update in real-time as each bar forms.
3. Post-Window Behavior
When the 15-minute window ends:
The High, Low, and Midpoint are locked in.
The indicator draws persistent horizontal lines for those values.
4. Historical Days
You can keep today + a set number of previous days (configurable via “Previous Days to Keep”).
Older days automatically delete to keep charts clean.
5. Line Extension Control
Each day’s lines extend to the right after they form.
You can toggle “Stop Lines at Next NY Open”:
ON: Yesterday’s lines stop exactly at the next NY session open (09:30 ET).
OFF: Lines extend indefinitely across the chart.
Lorentzian Harmonic Flow - Temporal Market Dynamic Lorentzian Harmonic Flow - Temporal Market Dynamic (⚡LHF)
By: DskyzInvestments
What this is
LHF Pro is a research‑grade analytical instrument that models market time as a compressible medium , extracts directional flow in curved time using heavy‑tailed kernels, and consults a history‑based memory bank for context before synthesizing a final, bounded probabilistic score . It is not a mashup; each subsystem is mathematically coupled to a single clock (time dilation via gamma) and a single lens (Lorentzian heavy‑tailed weighting). This script is dense in logic (and therefore heavy) because it prioritizes rigor, interpretability, and visual clarity.
Intended use
Education and research. This tool expresses state recognition and regime context—not guarantees. It does not place orders. It is fully functional as published and contains no placeholders. Nothing herein is financial advice.
Why this is original and useful
Curved time: Markets do not move at a constant pace. LHF Pro computes a Lorentz‑style gamma (γ) from relative speed so its analytical windows contract when the tape accelerates and relax when it slows.
Heavy‑tailed lens: Lorentzian kernels weight information with fat tails to respect rare but consequential extremes (unlike Gaussian decay).
Memory of regimes: A K‑nearest‑neighbors engine works in a multi‑feature space using Lorentz kernels per dimension and exponential age fade , returning a memory bias (directional expectation) and assurance (confidence mass).
One ecosystem: Squeeze, TCI, flow, acceleration, and memory live on the same clock and blend into a single final_score —visualized and documented on the dashboard.
Cognitive map: A 2D heat map projects memory resonance by age and flow regime, making “where the past is speaking” visible.
Shadow portfolio metaphor: Neighbor outcomes act like tiny hypothetical positions whose weighted average forms an educational pressure gauge (no execution, purely didactic).
Mathematical framework (full transparency)
1) Returns, volatility, and speed‑of‑market
Log return: rₜ = ln(closeₜ / closeₜ₋₁)
Realized vol: rv = stdev(r, vol_len); vol‑of‑vol: burst = |rv − rv |
Speed‑of‑market (analog to c): c = c_multiplier × (EMA(rv) + 0.5 × EMA(burst) + ε)
2) Trend velocity and Lorentz gamma (time dilation)
Trend velocity: v = |close − close | / (vel_len × ATR)
Relative speed: v_rel = v / c
Gamma: γ = 1 / √(1 − v_rel²), stabilized by caps (e.g., ≤10)
Interpretation: γ > 1 compresses market time → use shorter effective windows.
3) Adaptive temporal scale
Adaptive length: L = base_len / γ^power (bounded for safety)
Harmonic horizons: Lₛ = L × short_ratio, Lₘ = L × mid_ratio, Lₗ = L × long_ratio
4) Lorentzian smoothing and Harmonic Flow
Kernel weight per lag i: wᵢ = 1 / (1 + (d/γ)²), d = i/L
Horizon baselines: lw_h = Σ wᵢ·price / Σ wᵢ
Z‑deviation: z_h = (close − lw_h)/ATR
Harmonic Flow (HFL): HFL = (w_short·zₛ + w_mid·zₘ + w_long·zₗ) / (w_short + w_mid + w_long)
5) Flow kinematics
Velocity: HFL_vel = HFL − HFL
Acceleration (curvature): HFL_acc = HFL − 2·HFL + HFL
6) Squeeze and temporal compression
Bollinger width vs Keltner width using L
Squeeze: BB_width < KC_width × squeeze_mult
Temporal Compression Index: TCI = base_len / L; TCI > 1 ⇒ compressed time
7) Entropy (regime complexity)
Shannon‑inspired proxy on |log returns| with numerical safeguards and smoothing. Higher entropy → more chaotic regime.
8) Memory bank and Lorentzian k‑NN
Feature vector (5D):
Outcomes stored: forward returns at H5, H13, H34
Per‑dimension similarity: k(Δ) = 1 / (1 + Δ²), weighted by user’s feature weights
Age fading: weight_age = mem_fade^age_bars
Neighbor score: sᵢ = similarityᵢ × weight_ageᵢ
Memory bias: mem_bias = Σ sᵢ·outcomeᵢ / Σ sᵢ
Assurance: mem_assurance = Σ sᵢ (confidence mass)
Normalization: mem_bias normalized by ATR and clamped into band
Shadow portfolio metaphor: neighbors behave like micro‑positions; their weighted net forward return becomes a continuous, adaptive expectation.
9) Blended score and breakout proxy
Blend factor: α_mem = 0.45 + 0.15 × (γ − 1)
Final score: final_score = (1−α_mem)·tanh(HFL / (flow_thr·1.5)) + α_mem·tanh(mem_bias_norm)
Breakout probability (bounded): energy = cap(TCI−1) + |HFL_acc|×k + cap(γ−1)×k + cap(mem_assurance)×k; breakout_prob = sigmoid(energy). Caps avoid runaway “100%” readings.
Inputs — every control, purpose, mechanics, and tuning
🔮 Lorentz Core
Auto‑Adapt (Vol/Entropy): On = L responds to γ and entropy (breathes with regime), Off = static testing.
Base Length: Calm‑market anchor horizon. Lower (21–28) for fast tapes; higher (55–89+) for slow.
Velocity Window (vel_len): Bars used in v. Shorter = more reactive γ; longer = steadier.
Volatility Window (vol_len): Bars used for rv/burst (c). Shorter = more sensitive c.
Speed‑of‑Market Multiplier (c_multiplier): Raises/lowers c. Lower values → easier γ spikes (more adaptation). Aim for strong trends to peak around γ ≈ 2–4.
Gamma Compression Power: Exponent of γ in L. <1 softens; >1 amplifies adaptation swings.
Max Kernel Span: Upper bound on smoothing loop (quality vs CPU).
🎼 Harmonic Flow
Short/Mid/Long Horizon Ratios: Partition L into fast/medium/slow views. Smaller short_ratio → faster reaction; larger long_ratio → sturdier bias.
Weights (w_short/w_mid/w_long): Governs HFL blend. Higher w_short → nimble; higher w_long → stable.
📈 Signals
Squeeze Strictness: Threshold for BB1 = compressed (coiled spring); <1 = dilated.
v/c: Relative speed; near 1 denotes extreme pacing. Diagnostic only.
Entropy: Regime complexity; high entropy suggests caution, smaller size, or waiting for order to return.
HFL: Curved‑time directional flow; sign and magnitude are the instantaneous bias.
HFL_acc: Curvature; spikes often accompany regime ignition post‑squeeze.
Mem Bias: Directional expectation from historical analogs (ATR‑normalized, bounded). Aligns or conflicts with HFL.
Assurance: Confidence mass from neighbors; higher → more reliable memory bias.
Squeeze: ON/RELEASE/OFF from BB
Squeeze Momentum with ADX Filter and Multi-Cycle WavesTitle:
Squeeze Momentum with ADX Filter and Multi-Cycle Waves
Description:
This indicator integrates three well-established technical analysis methodologies into a single oscillator to help traders assess volatility compression, trend strength, and cyclical momentum alignment:
Squeeze Momentum (TTM-style) – Based on Bollinger Bands and Keltner Channels, it identifies periods of low volatility ("the squeeze") followed by directional breakouts. The histogram reflects momentum using linear regression relative to a dynamic centerline. Positive values indicate upward momentum; negative values indicate downward momentum.
ADX with DI+/DI- (Welles Wilder, 1978) – The Average Directional Index is dynamically scaled to match the visual range of the Squeeze histogram. A user-defined Key Level (default: 32) serves as a reference threshold: when ADX rises above this level, it suggests a strong trend is present. DI+ (green) and DI- (red) show directional bias.
Multi-Cycle Waves (55/144/233) – Inspired by adaptive cycle analysis and MACD-style oscillators, these smoothed momentum waves help identify confluence across multiple timeframes. They are optional and appear as shaded areas when enabled.
Key Features:
The Squeeze Momentum Line appears as black/gray crosses at the zero level, indicating momentum polarity without visual clutter.
The Key Level is shown as a thick gray horizontal line, representing the ADX threshold in the scaled oscillator space.
ADX is plotted with increased line width (3) for better visibility.
All components are dynamically scaled to share the same vertical axis, enabling direct visual comparison.
Attribution:
Bollinger Bands: John Bollinger
Keltner Channels: Chester Keltner
Squeeze concept popularized by Linda Raschke and John Carter
ADX/DI system: J. Welles Wilder Jr.
Multi-cycle wave logic: inspired by John Ehlers’ work on market cycles
Integration, scaling logic, and visualization: © Carlos Mauricio Vizcarra (2025)
This script is published under the Mozilla Public License v2.0. It is open-source, non-promotional, and designed for educational and analytical use only. No investment advice is provided.
Session Opens by TradeSeekersIt doesn't get much simpler than this indicator for futures traders wanting to track four key session open prices.
Sessions
1. ETH open - extended hours starts
2. Midnight open - new calendar day starts
3. CME open - Chicago exchange opens, data releases
4. RTH open - regular trading hours, volume cometh
Usage
All four of these prices / areas are important for futures traders to pay attention to.
RTH opens far below ETH sometimes will retrace, CME and RTH together can act as a powerful range.
Midnight open sometimes has little importance for the day, but then again it's provided beautiful bounces. Again each level I find to be impactful nearly every session, so I like to keep them close by in an understated manner.
Timezone
If you're not EST, adjust the timezone string accordingly (refer to TradingView docs for string formats).
Proximity Detection
Also, I added proximity detection that aims to keep level collisions from occurring. If a particular session open isn't shown it may be due to being exactly the same price as another open or it's too close to another open.
The proximity sensitivity can be adjusted in settings. The on chart appearance doesn't impact the alerting capability.
Aesthetics
I don't like boring charts so I added a fun "glow" effect, I went with a palette that reminded me of clear sky colors at those times of day (if you're EST).
Alerting
Alerting can be done with just a single alert, first open the indicator config and uncheck any session opens you don't want to be alerted on (why!?), and then use the standard alert menus in TradingView to set the alert on "Any alert() function call".
Why does this beautiful indicator exist?
While there are a handful of indicators that plot open prices with some overlap to this one, I didn't see any that alerted automatically without much fuss.
Moving Averages PowerMoving Averages Power — Trend + Normalized Strength
Lightweight indicator that plots up to 15 SMAs (5 → 4320) and shows a compact table with each MA’s:
Slope % (per-bar)
Trend (Bullish/Bearish/Neutral)
Normalized “Strength” bars comparable across MA lengths and, optionally, across timeframes via ATR%
Not financial advice. For research/education only.
What it does
Plots 15 SMA lines on the price chart
Colors match trend: Bullish (green), Bearish (red), Neutral (gray)
Bottom-right table: MA, Slope %, Trend, Strength bars
Strength normalization modes:
None: raw |slope%|
Length: scales by length relative to a reference length
ATR%: scales by volatility (ATR as % of price)
Length+ATR%: combines both for better cross-timeframe comparability
How it works (concepts)
Slope % per bar: 100 × (MA − MA ) / MA
Normalization:
None: S = |slope%|
Length: S = |slope%| × (length / normRefLen)
ATR%: S = |slope%| / ATR%, where ATR% = 100 × ATR(atrLen) / close
Length+ATR%: S = (|slope%| × (length / normRefLen)) / ATR%
Bars: floor(S / strengthStep), clamped to Max bars (default 10)
Notes:
normRefLen (default 240) keeps Length scaling stable across very short and very long MAs
In ATR modes, Strength shows blank until there’s enough history for ATR
How to use
Add the indicator to your chart (Indicators → search this title → Add).
Open Settings:
Show/hide any of the 15 SMAs
Choose Strength normalization mode
Tune Strength step, Max bars, Reference length, and ATR Length
Read the table:
MA: period
Slope %: per-bar percent change of the MA
Trend: green (bullish), red (bearish), gray (neutral)
Strength: more bars = stronger trend under the chosen normalization
Inputs (quick reference)
Display:
15 toggles: Show SMA 5 … Show SMA 4320
Strength Settings:
Strength normalization: None | Length | ATR% | Length+ATR%
Strength step (normalized units): sensitivity of bar count
Max bars: clamp for the bar count (default 10)
Normalization reference length: baseline for Length scaling (default 240)
ATR Length (for ATR%): ATR lookback used for ATR%
Text:
Label font size, Table font size
Line + label colors
Bullish (slope > 0): green
Bearish (slope < 0): red
Neutral (otherwise): gray
The MA lines, end-of-series labels, and table trend cell use the same colors
Recommended presets (examples)
Intraday (e.g., BTCUSD, 1h):
Strength normalization: Length+ATR%
normRefLen: 240
Strength step: 0.02–0.05
Max bars: 10
ATR Length: 14
Daily (e.g., AAPL, 1D):
Strength normalization: Length
normRefLen: 240–480
Strength step: 0.01–0.03
Max bars: 10
Calibration tips
Bars often at max (pegged)?
Increase Strength step (e.g., 0.01 → 0.03 → 0.05)
Or increase normRefLen (e.g., 240 → 480 → 720)
Bars too few?
Decrease Strength step (e.g., 0.02 → 0.01 → 0.005)
Or decrease normRefLen (e.g., 240 → 120)
Cross-timeframe comparability:
Prefer Length+ATR%; start with Strength step ≈ 0.02–0.05 and tune
Limitations
SMA only (no EMA/WMA/etc.)
Per-bar slope is inherently timeframe-sensitive; use ATR% or Length+ATR% for better cross-timeframe comparisons
ATR modes require atrLen bars; Strength shows blank until ready
The longest SMA (4320) needs sufficient chart history
Troubleshooting
Strength always looks maxed:
You might be on Length mode with a very small step; increase Strength step and/or use Length+ATR%; review normRefLen
Strength blank cells:
In ATR modes, wait for enough history (atrLen) or switch to Length mode
Table bounds:
The script manages rows internally; if you customize periods, ensure the total rows fit the 4×16 table
Compatibility
Pine Script v6
Works on most symbols/timeframes with adequate history
If you find this useful, consider leaving feedback with your preferred defaults (symbol/timeframe) so I can provide better presets.
Solana 4H RSI->MACD — Counter-Trend By TetradTetrad RSI→RSI Cross→MACD (Sequenced) — Counter-Trend (SL-Only)
Category: Market-neutral, counter-trend, sequenced entries
Timeframe default: Works on any TF; designed around 4H On Solana
Markets: Any (spot, perp, futures); parameterize to your asset
What it does
This strategy hunts reversals using a 3-step sequence on RSI and MACD, then optionally restricts entries by market regime and a price gate. It shows stop-loss lines only when hit (clean chart), and paints a Donchian glow for quick read of backdrop conditions.
Entry logic (sequenced)
1. RSI Extreme:
Long path activates when RSI < Oversold (default 27.5).
Short path activates when RSI > Overbought (default 74).
2. RSI Cross confirmation:
Long path: RSI crosses up back above the oversold level.
Short path: RSI crosses down back below the overbought level.
Each step has a max bar lookback so stale signals time out.
3. MACD Cross trigger:
Long: MACD line crosses above Signal.
Short: MACD line crosses below Signal.
→ When step 3 fires and gates are satisfied, a trade is entered.
Optional gates & filters
Regime Filter (Counter-Trend):
Longs allowed in **Range / Short Trend / Short Parabolic** regimes.
Shorts allowed in **Range / Long Trend / Long Parabolic** regimes.
Based on ADX/DI and ATR% intensity.
* Price Gate (Long Ceiling):
Toggle to **disable new longs above a chosen price (default 209.0 For SOL).
Useful for assets like SOL where you want longs only below a cap.
Exits / Risk
* Stop-Loss (% of entry):** default **14%**, toggleable.
* SL visualization:** plots a **thin dashed red line only on the bar it’s hit**.
* (No take-profit or time-based exit in this version—keep it pure to the sequence and regime. Add TP/time exits if desired.)
Visuals
* Donchian Glow (50): background band only (upper/lower lines hidden).
* Regime HUD: compact table (top-right) highlighting the active regime.
* Minimal marks: no entry/exit “arms” clutter; only SL-hit lines render.
Inputs (key)
* Core: RSI Length, Oversold/Overbought, MACD Fast/Slow/Signal.
* Sequence: Max bars from Extreme→RSI Cross and RSI Cross→MACD Cross.
* Regime: ADX Length, Trend/Parabolic thresholds, ATR length & floor.
* Stops: Enable/disable; SL %.
* Price Gate: Enable; Long ceiling price.
Alerts
Sequenced Long (CT): RSIhigh → RSI cross down → MACD bear cross.
## Notes & Tips
Designed for counter-trend fades that become trend rides. The regime filter helps avoid fading true parabolics and aligns entries with safer contexts.
The sequence is stateful (steps must occur in order). If a step times out, the path resets.
Works on lower TFs, but the 4H baseline reduces noise and over-trading.
Consider pairing with volume or structure filters if you want fewer but higher-conviction entries.
Past performance ≠ future results. **Educational use only. Not financial advice.
ILM Checklist [Nix]ILM Checklist and Ratings Indicator!
This is a checklist type guide for those that trade the ILM model and are having trouble rating setups on their own.
You can double click on the checklist to open its settings where you can select all the confluences you see on the chart while a setup is forming.
Then the checklist will give you a mechanical estimate of what rating would Nix give it.
Obviously discretion is important as an A+ mechanical setup if still an F setup if you are executing it during a news event.
I have also added a dark / light mode theme toggle to suit your chart.
LEGEND IsoPulse Fusion Universal Volume Trend Buy Sell RadarLEGEND IsoPulse Fusion • Universal Volume Trend Buy Sell Radar
One line summary
LEGEND IsoPulse Fusion reads intent from price and volume together, learns which features matter most on your symbol, blends them into a single signed Fusion line in a stable unit range, and emits clear Buy Sell Close events with a structure gate and a liquidity safety gate so you act only when the tape is favorable.
What this script is and why it exists
Many traders keep separate windows for trend, volume, volatility, and regime filters. The result can feel fragmented. This script merges two complementary engines into one consistent view that is easy to read and simple to act on.
LEGEND Tensor estimates directional quality from five causally computed features that are normalized for stationarity. The features are Flow, Tail Pressure with Volume Mix, Path Curvature, Streak Persistence, and Entropy Order.
IsoPulse transforms raw volume into two decaying reservoirs for buy effort and sell effort using body location and wick geometry, then measures price travel per unit volume for efficiency, and detects volume bursts with a recency memory.
Both engines are mapped into the same unit range and fused by a regime aware mixer. When the tape is orderly the mixer leans toward trend features. When the tape is messy but a true push appears in volume efficiency with bursts the mixer allows IsoPulse to speak louder. The outcome is a single Fusion line that lives in a familiar range with calm behavior in quiet periods and expressive pushes when energy concentrates.
What makes it original and useful
Two reservoir volume split . The script assigns a portion of the bar volume to up effort and down effort using body location and wick geometry together. Effort decays through time using a forgetting factor so memory is present without becoming sticky.
Efficiency of move . Price travel per unit volume is often more informative than raw volume or raw range. The script normalizes both sides and centers the efficiency so it becomes signed fuel when multiplied by flow skew.
Burst detection with recency memory . Percent rank of volume highlights bursts. An exponential memory of how recently bursts clustered converts isolated blips into useful context.
Causal adaptive weighting . The LEGEND features do not receive static weights. The script learns, causally, which features have correlated with future returns on your symbol over a rolling window. Only positive contributions are allowed and weights are normalized for interpretability.
Regime aware fusion . Entropy based order and persistence create a mixer that blends IsoPulse with LEGEND. You see a single line rather than two competing panels, which reduces decision conflict.
How to read the screen in seconds
Fusion area . The pane fills above and below zero with a soft gradient. Deeper fill means stronger conviction. The white Fusion line sits on top for precise crossings.
Entry guides and exit guides . Two entry guides draw symmetrically at the active fused entry level. Two exit guides sit inside at a fraction of the entry. Think of them as an adaptive envelope.
Letters . B prints once when the script flips from flat to long. S prints once when the script flips from flat to short. C prints when a held position ends on the appropriate side. T prints when the structure gate first opens. A prints when the liquidity safety flag first appears.
Price bar paint . Bars tint green while long and red while short on the chart to mirror your virtual position.
HUD . A compact dashboard in the corner shows Fusion, IsoPulse, LEGEND, active entry and exit levels, regime status, current virtual position, and the vacuum z value with its avoid threshold.
What signals actually mean
Buy . A Buy prints when the Fusion line crosses above the active entry level while gates are open and the previous state was flat.
Sell . A Sell prints when the Fusion line crosses below the negative entry level while gates are open and the previous state was flat.
Close . A Close prints when Fusion cools back inside the exit envelope or when an opposite cross would occur or when a gate forces a stop, and the previous state was a hold.
Gates . The Trend gate requires sufficient entropy order or significant persistence. The Avoid gate uses a liquidity vacuum z score. Gates exist to protect you from weak tape and poor liquidity.
Inputs and practical tuning
Every input has a tooltip in the script. This section provides a concise reference that you can keep in mind while you work.
Setup
Core window . Controls statistics across features. Scalping often prefers the thirties or low fifties. Intraday often prefers the fifties to eighties. Swing often prefers the eighties to low hundreds. Smaller responds faster with more noise. Larger is calmer.
Smoothing . Short EMA on noisy features. A small value catches micro shifts. A larger value reduces whipsaw.
Fusion and thresholds
Weight lookback . Sample size for weight learning. Use at least five times the horizon. Larger is slower and more confident. Smaller is nimble and more reactive.
Weight horizon . How far ahead return is measured to assess feature value. Smaller favors quick reversion impulses. Larger favors continuation.
Adaptive thresholds . Entry and exit levels from rolling percentiles of the absolute LEGEND score. This self scales across assets and timeframes.
Entry percentile . Eighty selects the top quintile of pushes. Lower to seventy five for more signals. Raise for cleanliness.
Exit percentile . Mid fifties keeps trades honest without overstaying. Sixty holds longer with wider give back.
Order threshold . Minimum structure to trade. Zero point fifteen is a reasonable start. Lower to trade more. Raise to filter chop.
Avoid if Vac z . Liquidity safety level. One point two five is a good default on liquid markets. Thin markets may prefer a slightly higher setting to avoid permanent avoid mode.
IsoPulse
Iso forgetting per bar . Memory for the two reservoirs. Values near zero point nine eight to zero point nine nine five work across many symbols.
Wick weight in effort split . Balance between body location and wick geometry. Values near zero point three to zero point six capture useful behavior.
Efficiency window . Travel per volume window. Lower for snappy symbols. Higher for stability.
Burst percent rank window . Window for percent rank of volume. Around one hundred to three hundred covers most use cases.
Burst recency half life . How long burst clusters matter. Lower for quick fades. Higher for cluster memory.
IsoPulse gain . Pre compression gain before the atan mapping. Tune until the Fusion line lives inside a calm band most of the time with expressive spikes on true pushes.
Continuation and Reversal guides . Visual rails for IsoPulse that help you sense continuation or exhaustion zones. They do not force events.
Entry sensitivity and exit fraction
Entry sensitivity . Loose multiplies the fused entry level by a smaller factor which prints more trades. Strict multiplies by a larger factor which selects fewer and cleaner trades. Balanced is neutral.
Exit fraction . Exit level relative to the entry level in fused unit space. Values around one half to two thirds fit most symbols.
Visuals and UX
Columns and line . Use both to see context and precise crossings. If you present a very clean chart you can turn columns off and keep the line.
HUD . Keep it on while you learn the script. It teaches you how the gates and thresholds respond to your market.
Letters . B S C T A are informative and compact. For screenshots you can toggle them off.
Debug triggers . Show raw crosses even when gates block entries. This is useful when you tune the gates. Turn them off for normal use.
Quick start recipes
Scalping one to five minutes
Core window in the thirties to low fifties.
Horizon around five to eight.
Entry percentile around seventy five.
Exit fraction around zero point five five.
Order threshold around zero point one zero.
Avoid level around one point three zero.
Tune IsoPulse gain until normal Fusion sits inside a calm band and true squeezes push outside.
Intraday five to thirty minutes
Core window around fifty to eighty.
Horizon around ten to twelve.
Entry percentile around eighty.
Exit fraction around zero point five five to zero point six zero.
Order threshold around zero point one five.
Avoid level around one point two five.
Swing one hour to daily
Core window around eighty to one hundred twenty.
Horizon around twelve to twenty.
Entry percentile around eighty to eighty five.
Exit fraction around zero point six zero to zero point seven zero.
Order threshold around zero point two zero.
Avoid level around one point two zero.
How to connect signals to your risk plan
This is an indicator. You remain in control of orders and risk.
Stops . A simple choice is an ATR multiple measured on your chart timeframe. Intraday often prefers one point two five to one point five ATR. Swing often prefers one point five to two ATR. Adjust to symbol behavior and personal risk tolerance.
Exits . The script already prints a Close when Fusion cools inside the exit envelope. If you prefer targets you can mirror the entry envelope distance and convert that to points or percent in your own plan.
Position size . Fixed fractional or fixed risk per trade remains a sound baseline. One percent or less per trade is a common starting point for testing.
Sessions and news . Even with self scaling, some traders prefer to skip the first minutes after an open or scheduled news. Gate with your own session logic if needed.
Limitations and honest notes
No look ahead . The script is causal. The adaptive learner uses a shifted correlation, crosses are evaluated without peeking into the future, and no lookahead security calls are used. If you enable intrabar calculations a letter may appear then disappear before the close if the condition fails. This is normal for any cross based logic in real time.
No performance promises . Markets change. This is a decision aid, not a prediction machine. It will not win every sequence and it cannot guarantee statistical outcomes.
No dependence on other indicators . The chart should remain clean. You can add personal tools in private use but publications should keep the example chart readable.
Standard candles only for public signals . Non standard chart types can change event timing and produce unrealistic sequences. Use regular candles for demonstrations and publications.
Internal logic walkthrough
LEGEND feature block
Flow . Current return normalized by ATR then smoothed by a short EMA. This gives directional intent scaled to recent volatility.
Tail pressure with volume mix . The relative sizes of upper and lower wicks inside the high to low range produce a tail asymmetry. A volume based mix can emphasize wick information when volume is meaningful.
Path curvature . Second difference of close normalized by ATR and smoothed. This captures changes in impulse shape that can precede pushes or fades.
Streak persistence . Up and down close streaks are counted and netted. The result is normalized for the window length to keep behavior stable across symbols.
Entropy order . Shannon entropy of the probability of an up close. Lower entropy means more order. The value is oriented by Flow to preserve sign.
Causal weights . Each feature becomes a z score. A shifted correlation against future returns over the horizon produces a positive weight per feature. Weights are normalized so they sum to one for clarity. The result is angle mapped into a compact unit.
IsoPulse block
Effort split . The script estimates up effort and down effort per bar using both body location and wick geometry. Effort is integrated through time into two reservoirs using a forgetting factor.
Skew . The reservoir difference over the sum yields a stable skew in a known range. A short EMA smooths it.
Efficiency . Move size divided by average volume produces travel per unit volume. Normalization and centering around zero produce a symmetric measure.
Bursts and recency . Percent rank of volume highlights bursts. An exponential function of bars since last burst adds the notion of cluster memory.
IsoPulse unit . Skew multiplied by centered efficiency then scaled by the burst factor produces the raw IsoPulse that is angle mapped into the unit range.
Fusion and events
Regime factor . Entropy order and streak persistence form a mixer. Low structure favors IsoPulse. Higher structure favors LEGEND. The blend is convex so it remains interpretable.
Blended guides . Entry and exit guides are blended in the same way as the line so they stay consistent when regimes change. The envelope does not jump unexpectedly.
Virtual position . The script maintains state. Buy and Sell require a cross while flat and gates open. Close requires an exit or force condition while holding. Letters print once at the state change.
Disclosures
This script and description are educational. They do not constitute investment advice. Markets involve risk. You are responsible for your own decisions and for compliance with local rules. The logic is causal and does not look ahead. Signals on non standard chart types can be misleading and are not recommended for publication. When you test a strategy wrapper, use realistic commission and slippage, moderate risk per trade, and enough trades to form a meaningful sample, then document those assumptions if you share results.
Closing thoughts
Clarity builds confidence. The Fusion line gives a single view of intent. The letters communicate action without clutter. The HUD confirms context at a glance. The gates protect you from weak tape and poor liquidity. Tune it to your instrument, observe it across regimes, and use it as a consistent lens rather than a prediction oracle. The goal is not to trade every wiggle. The goal is to pick your spots with a calm process and to stand aside when the tape is not inviting.
Breakdown or Buyable Dip? Pullback Depth Can HelpAs a common adage says, “the market doesn’t move in a straight line.” But when prices have fallen, it’s not always clear whether buying makes sense. That’s where today’s script may help.
Most traditional indicators judge movement based on price. That’s obviously important, but time can also be helpful. After all, there’s a big difference between probing a low from 2-3 weeks ago versus a low from months or even years in the past.
Pullback Depth clearly illustrates this by answering the question: “Today’s low is the lowest in how many bars?”
The resulting integer is plotted in a simple histogram. Values are always negative because bars with higher absolute values (meaning more negative, or further below zero) are potentially more bearish.
The study also has a maximum lookback period to avoid overwhelming the study with too many bars. Its default setting of 125 bars includes enough history to illustrate the trend.
The stock market’s recent run has seen only shallow pullbacks. Most dips have probed 1-2 weeks in the past, while Friday’s selloff only turned back the clock a month.
Consider two other previous moments.
First, the great bull run of 1995 saw only shallow pullbacks. (None exceeded 50 days.):
In contrast, early 2022 saw the S&P 500 test levels more than 100 candles into the past. It soon fell into an official “bear market:”
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Composite Stochastic Oscillator (CSO) [SharpStrat]Composite Stochastic Oscillator (CSO)
The Composite Stochastic Oscillator (CSO) is a refined momentum tool designed to improve on the limitations of the traditional stochastic indicator. Standard stochastics are often too sensitive, producing choppy signals and frequent false turns. CSO tackles this problem by combining multiple stochastic calculations, each with different lengths and smoothing settings, into a single, balanced output.
The goal of combining these stochastic variants is to create a more stable and reliable reading of market momentum. Each version of the stochastic captures different aspects of price behavior like shorter ones react faster, while longer ones filter noise. CSO brings them together mathematically to form a composite oscillator that reacts smoothly and consistently across varying market conditions. This makes it a useful improvement over the standard stochastic, providing traders with a more dependable signal while retaining the familiar interpretation framework.
How It Works
Calculates five independent stochastic oscillators with customizable K, D, and slowing parameters.
Each stochastic contributes to the final composite value according to its assigned weight, allowing the user to emphasize faster or slower reactions.
The resulting composite K is then smoothed into a D line using a chosen moving average method (SMA, EMA, WMA, or RMA).
The oscillator is plotted along with optional overbought/oversold levels and a color fill to enhance visual interpretation.
A compact on-chart table displays the current K and D readings for quick reference.
Comparison with normal Stochastic
Compared to a standard stochastic, the CSO generally produces smoother lines and fewer false flips. As evident in the comparison chart, this improves upon the normal stochastic by reducing noise and making signals more reliable, although results depend on parameter settings too.
How To Use It
Use the CSO exactly like a normal stochastic: look for crossovers, overbought/oversold zones, and divergences.
In practice, CSO should provides smoother and more consistent signals than the regular stochastic, especially in sideways or volatile markets.
When plotted beside a standard stochastic, you’ll notice CSO avoids many of the false reversals that clutter traditional readings.
Customization Options
Choice of smoothing method (SMA, EMA, WMA, RMA).
Full control over each stochastic component’s parameters and weights.
Adjustable overbought/oversold levels and display preferences.
Option to enable or disable the on-chart table and zone fills.
Note
This indicator is shared purely for educational and research purposes. It is not financial advice and should not be treated as a ready-made trading system.
I encourage you to experiment with different parameter values (periods, weights, smoothing) to explore how the behavior changes and to learn from the results.
SGM Gold Day Trading EMAsWhat it does
This tool plots four Exponential Moving Averages (EMAs) with practical default periods for gold intraday analysis: 9 (Momentum), 21 (Pullback), 50 (Trend Filter), and 200 (Macro). The goal is to provide a clear, multi-horizon structure so traders can quickly assess momentum, pullbacks, intermediate trend, and long-term bias on the same chart.
How it works (method)
Each line is a standard EMA computed on the close price.
The defaults map to common roles:
EMA 9 – Momentum: immediate changes in short-term flow.
EMA 21 – Pullback: typical retracement area within ongoing trends.
EMA 50 – Trend Filter: medium-term confirmation of direction.
EMA 200 – Macro: long-term bias and market context.
Optional dynamic color for EMA9/EMA21 highlights whether EMA9 ≥ EMA21 (green) or not (red). This is a visual aid only; it does not generate signals.
Originality & usefulness
The script focuses on clarity and control rather than automation. It combines a neutral, high-contrast palette with independent line thickness per EMA and an optional visual crossover mode. The configuration encourages disciplined analysis across time horizons without embedding opaque entry/exit logic.
Inputs & customization:
Periods: 9, 21, 50, 200 (all adjustable).
Colors: fully customizable for each EMA; optional crossover color mode for 9/21.
Line thickness: set individually per EMA to emphasize your primary reference.
How to use:
Add the script on any timeframe/asset (gold defaults are provided but not required).
Use EMA 200 for long-term bias; trade with caution against it.
Use EMA 50 to filter intermediate trend; prefer setups aligned with it.
Watch EMA 21 as a pullback reference within trends.
Use EMA 9 to gauge momentum around pullbacks/breakouts.
(Optional) Enable the crossover color to quickly see when momentum (9) is above/below pullback (21).
Notes & limitations:
This script does not produce buy/sell signals or alerts.
It is intended as a visual framework to support analysis and risk management.
Always validate with your own rules, risk controls, and market conditions.
Billionaire Gold ClubBillionaire Gold Club — Long-Term Gold Trend Follower
Overview
The Billionaire Gold Club indicator is designed for traders who follow the long-term bullish bias of Gold (XAU/USD).
It focuses only on BUY opportunities and encourages patience during market pullbacks.
The goal is to trade with the main trend, not against it.
Instructions
1. The script automatically plots 7MA (fast) and 200MA (slow).
2. When 7MA crosses above 200MA, a BUY signal appears.
3. When 7MA crosses below 200MA, a Standby signal appears — do not sell, just wait for the next BUY.
Usage Rules
• Recommended timeframe: 15-minute or higher.
• If used below 15 minutes, treat it as day trading — close trades within the same day.
• Focus on long-term holding and small lot sizes to protect your capital.
Signal Guide
🟢 BUY → Enter the trend direction.
🟠 Standby → Pause new entries and wait patiently.
Alerts
Set alerts to "Once per bar close":
• BUY Signal → Golden Cross confirmed.
• Standby Signal → Death Cross confirmed.
Philosophy
"Obey the rules, and your probability of success increases."
This system rewards patience, discipline, and long-term trend following.
Follow me for more TradingView scripts and updates.
Billionaire Gold Clubは、ゴールド（XAU/USD）の長期上昇トレンドに沿って取引するためのインジケーターです。
基本的にBUYのみを狙い、デッドクロス時はStandby（待機）状態として次のBUYを待ちます。
推奨時間軸：15分足以上。
15分未満で使用する場合はデイトレードとして同日中にクローズすることを推奨します。
ロットを小さく保ち、長期保有で安定した運用を目指してください。
Tweezer & Kangaroo Zones [WavesUnchained]Tweezer & Kangaroo Zones
Pattern Recognition with Supply/Demand Zones
Indicator that detects tweezer and kangaroo tail (pin bar) reversal patterns and creates supply and demand zones. Includes volume validation, trend context, and confluence scoring.
What You See on Your Chart
Pattern Labels:
"T" (Red) - Tweezer Top detected above price → Bearish reversal signal
"T" (Green) - Tweezer Bottom detected below price → Bullish reversal signal
"K" (Red) - Kangaroo Bear (Pin Bar rejection from top) → Bearish signal
"K" (Green) - Kangaroo Bull (Pin Bar rejection from bottom) → Bullish signal
Label Colors Indicate Pattern Strength:
Dark Green/Red - Strong pattern (score ≥8.0)
Medium Green/Red - Good pattern (score ≥6.0)
Light Green/Red - Valid pattern (score <6.0)
Zone Boxes:
Red Boxes - Supply Zones (resistance, potential short areas)
Green Boxes - Demand Zones (support, potential long areas)
White Border - Active zone (fresh, not tested yet)
Gray Border - Inactive zone (expired or invalidated)
Pattern Detection
Tweezer Patterns (Classic Double-Top/Bottom):
Flexible Lookback - Detects patterns up to 3 bars apart (not just consecutive)
Precision Matching - 0.2% level tolerance for high-quality signals
Wick Similarity Check - Both candles must show similar rejection wicks
Volume Validation - Second candle requires elevated volume (0.8x average)
Pattern Strength Score - 0-1 quality rating based on level match + wick similarity
Optional Trend Context - Can require trend alignment (default: OFF for more signals)
Kangaroo Tail / Pin Bar Patterns:
No Pivot Delay - Instant detection without waiting for pivot confirmation
Body Position Check - Body must be at candle extremes (30% tolerance)
Volume Spike - Rejection must occur with volume (0.9x average)
Rejection Strength - Scores based on wick length (0.5-0.9 of range)
Optional Trend Context - Bearish in uptrends, Bullish in downtrends (default: OFF)
Zone Management
Auto-Created Zones - Every valid pattern creates a supply/demand zone
Overlap Prevention - Zones too close together (50% overlap) are not duplicated
Lifetime Control - Zones expire after 400 bars (configurable)
Smart Invalidation - Zones invalidate when price closes through them
Styling Options - Choose between Solid, Dashed, or Dotted borders
Border Width - 2px width for better visibility
Confluence Scoring System
Multi-factor confluence scoring (0-10 scale) with configurable weights:
Regime (EMA+HTF) - Trend alignment across timeframes (Weight: 2.0)
HTF Stack - Multi-timeframe trend confluence (Weight: 3.0)
Structure - Higher lows / Lower highs confirmation (Weight: 1.0)
Relative Volume - Volume surge validation (Weight: 1.0)
Chop Advantage - Favorable market conditions (Weight: 1.0)
Zone Thinness - Tight zones = better R/R (Weight: 1.0)
Supertrend - Trend indicator alignment (Weight: 1.0)
MOST - Moving Stop alignment (Weight: 1.0)
Pattern Strength - Quality of detected pattern (Weight: 1.5)
Zone Retest Signals
Signals generated when zones are retested:
BUY Signal - Price retests demand zone from above (score ≥4.5)
SELL Signal - Price retests supply zone from below (score ≥5.5)
Normalized Score - Displayed as 0-10 for easy interpretation
Optional Trend Gate - Require trend alignment for signals (default: OFF)
Alert Ready - Built-in alertconditions for automation
Additional Features
Auto-Threshold Tuning - Adapts to ATR and Choppiness automatically
Session Profiles - Different settings for RTH vs ETH sessions
Organized Settings - 15+ input groups for easy configuration
Optional Panels - HTF Stack overview and performance metrics (default: OFF)
Data Exports - Hidden plots for strategy/library integration
RTA Health Monitoring - Built-in performance tracking
Setup & Configuration
Quick Start:
1. Apply indicator to any timeframe
2. Patterns and zones appear automatically
3. Adjust pattern detection sensitivity if needed
4. Configure zone styling (Solid/Dashed/Dotted)
5. Set up alerts for zone retests
Key Settings to Adjust:
Pattern Detection:
• Min RelVolume: Lower = more signals (0.8 Tweezer, 0.9 Kangaroo)
• Require trend context: Enable for stricter, higher-quality patterns
• Check wick similarity: Ensures proper rejection structure
Zone Management:
• Zone lifetime: How long zones remain active (default: 400 bars)
• Invalidate on close-through: Remove zones when price breaks through
• Max overlap: Prevent duplicate zones (default: 50%)
Scoring:
• Min Score BUY/SELL: Higher = fewer but better signals (default: 4.5/5.5)
• Component weights: Customize what factors matter most
• Signals require trend gate: OFF = more signals, ON = higher quality
Visual Customization
Zone Colors - Light red/green with 85% transparency (non-intrusive)
Border Styles - Solid, Dashed, or Dotted
Label Intensity - Darker greens for better readability
Clean Charts - All panels OFF by default
Understanding the Zones
Supply Zones (Red):
Created from bearish patterns (Tweezer Tops, Kangaroo Bears). Price made a high attempt to push higher, but was rejected. These become resistance areas where sellers may step in again.
Demand Zones (Green):
Created from bullish patterns (Tweezer Bottoms, Kangaroo Bulls). Price made a low with strong rejection. These become support areas where buyers may step in again.
Zone Quality Indicators:
• White border = Fresh zone, not tested yet
• Gray border = Zone expired or invalidated
• Thin zones (tight range) = Better risk/reward ratio
• Thick zones = Less precise, wider stop required
Trading Applications
Reversal Trading - Enter at pattern detection with tight stops
Zone Retest Trading - Wait for retests of established zones
Trend Confluence - Trade only when patterns align with trend
Risk Management - Use zone boundaries for stop placement
Target Setting - Opposite zones become profit targets
Pro Tips
Best signals occur when pattern + zone retest + trend all align
Lower timeframes = more signals but more noise
Higher timeframes = fewer but more reliable signals
Start with default settings, adjust based on your market
Combine with other analysis (structure, key levels, etc.)
Use alerts to avoid staring at charts all day
Important Notes
Not all patterns will lead to successful trades
Use proper risk management and position sizing
Patterns work best in trending or range-bound markets
Very choppy conditions may produce lower-quality signals
Always confirm with your own analysis before trading
Technical Specifications
• Pine Script v6
• RTA-Core integration
• RTA Core Library integration
• Maximum 200 boxes, 500 labels
• Auto-tuning based on ATR and Choppiness
• Session-aware threshold adjustments
• Memory-optimized zone management
What's Included
Tweezer Top/Bottom detection
Kangaroo Tail / Pin Bar detection
Automatic supply/demand zone creation
Volume validation system
Pattern strength scoring
Zone retest signals
Multi-factor confluence scoring
Optional HTF Stack panel
Optional performance metrics
Session profile support
Auto-threshold tuning
Alert conditions
Data exports for strategies
Author Waves Unchained
Version 1.0
Status Public Indicator
Summary
Reversal pattern detection with zone management, volume validation, and confluence scoring for tweezer and kangaroo tail patterns.
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Disclaimer: This indicator is for educational and informational purposes only. Trading involves risk. Past performance does not guarantee future results. Always practice proper risk management.
CB Charts - GEX NQ/MNQ
Last Updated: 2025-10-14 12:59:34 PST
*DISCLAIMER: Only intended for NQZ2025/MNQZ2025 charts.
This indicator plots horizontal levels based on batched GEX levels for NQZ2025/MNQZ2025. The batched data is derived from contracts expiring: 0DTE, 1DTE, EoW, EoM, Next Week, Next Month and 3-months out. Labels are available for a high-level view of which levels are which. Hovering (or long-pressing on mobile TV) over the labels will display the nominal values and Rank. This script is manually updated and may not be always updated.
When and what to use:
- Most respected levels come from 1DTE, EoW and EoM.
- 0DTE is included for when this script becomes intraday updated. (CURRENTLY NOT UPDATED INTRADAY)
- Next Week setting is best used only for Friday and Sunday trading
- Next Month setting is best for weeks close to the end of the current month
Powered by the Camels of Wallstreet
Order Flow RSI - Price / CVD / OIOrder Flow RSI blends three powerful market perspectives — Price , Cumulative Volume Delta (CVD) , and Open Interest (OI) — into one unified RSI-style oscillator.
It reveals momentum and imbalance across these data streams and highlights situations where participation, liquidity, and positioning disagree — moments that often precede reversals.
What it does
The indicator converts:
Price → RSI (classic momentum),
CVD → RSI (buy/sell pressure balance),
OI → RSI (position expansion/contraction)
…then plots all three RSIs together on the same 0–100 scale.
A fourth Consensus RSI (average of any two or all three) can optionally be shown to simplify the view.
Core logic
CVD engine – based on TradingView’s native volume-delta request.
Modes: Continuous (default, smooth line), Anchored (resets each session), Rolling window.
Open Interest – pulled automatically from the symbol’s “_OI” feed; aligns to chart timeframe for real-time flow.
RSI calculation – standard RSI applied to each data stream, optionally smoothed (SMA / EMA / RMA / WMA / VWMA).
Signals – optional background highlights when:
All three RSIs are overbought (red) or oversold (green), or
Any pair show opposite extremes (e.g., price overbought + OI oversold).
Consensus RSI – arithmetic mean of the selected RSIs, summarizing overall market tone.
Inputs overview
CVD settings: anchor period, lower-TF delta, mode, rolling length
RSI lengths: separate for price, CVD, OI
Smoothing: type + period applied to all RSIs at once
Consensus: choose which RSIs to average
Signals: enable/disable each combination; optional alerts
Levels: adjustable OB/MID/OS (default 70 / 50 / 30)
Visuals: fill between active RSIs, background highlights, level lines, colors in Style tab
How to read it
All 3 overbought (red): broad exhaustion → possible correction
All 3 oversold (green): broad depletion → possible bounce
Opposite pairs: divergence between price and participation
Price↑ but OI↓ (red) → weak rally, fading participation
Price↓ but CVD↑ (green) → hidden accumulation
Combine with structure and volume profile for confirmation.
Notes
Works best on assets with full CVD + OI data (futures, BTC, etc.).
Use Continuous CVD for smooth RSI, Anchored for session analysis.
Smoothing 2–5 EMA is a good starting point to reduce noise.
All styling (colors, line types, thickness) is adjustable in the Style tab.
Limitations & caveats
CVD requires accurate tick/volume/delta data from your data feed. Performance may differ across instruments.
OI availability varies by exchange / symbol. Where OI is absent, pairwise OI signals are not evaluated.
This indicator is a tool — it generates signals of interest, not guaranteed profitable trades. Backtest and combine with your risk rules.
Smoothing introduces lag; longer smoothing reduces noise but delays signals.
Order Flow RSI bridges traditional momentum analysis and order-flow context — giving a multi-dimensional view of when markets are truly stretched or quietly reloading.
Sometimes it works, sometimes it doesn't.
Session High/LowWhat it does:
Plots the High and Low of three sessions—Asia (19:00–02:00), London (02:00–08:00), New York (09:30–16:00)—all in UTC-4. After a session closes, it draws a horizontal line starting at the bar where the level first formed, extends it live to the current bar, and shows a label at the line’s end. If price sweeps the level (by wick or close, configurable), the line stops at that bar.
Settings: show/hide sessions, sweep on close toggle, how many past sessions to keep, line style/width, colors per session, and custom label text.
Works on any timeframe. Note: session times are fixed to UTC-4 (adjust if your market uses DST).
Free Stock ScreenerMissing great trade opportunities is annoying, and unless you have 12 screens or only trade one market, you are missing a lot of trades. To fix that, we created this free stock screener so you get notified instantly of potential great trading conditions in real time, right on your chart.
You get notified of trading benchmarks being met by the value being displayed on the scanner as well as a color change so that it grabs your attention and makes you aware that you should take a look at the other market and look for a potential trade. It also has built in alerts so you can have an alert notification go off when any of your trading conditions are met instead of needing to watch the scanner for color changes.
The screener will change the ticker symbol background color to red green when price is above or below the previous daily range and above or below both VWAPs. This signals that the ticker is trending, which typically means it is a great time to trade that market and follow the trend.
This free stock screener allows you to scan up to 10 different markets at the same time for various different conditions so you always know what is going on with your favorite trading symbols. If you want to scan more tickers, just add the indicator to your chart again and change the table position to the other side of the screen and update the tickers on the 2nd screener, allowing you to have 20 tickers at a time.
The scanner can be fully customized by changing the markets that it screens and turning on or off as many of them as you would like. You can also turn on or off any of the different data sets so that you only get information about trading conditions that matter to you.
The screener can provide data on any type of market, such as stocks, crypto, futures, forex and more. Each ticker can be adjusted to whatever market you would like it to scan for data in the settings panel, the only limitation is that it will not provide data for the VWAP and volume trend score if the ticker you are screening does not provide volume data.
Screener Features
The scanner will provide the following types of data for each ticker that is turned on:
Volume - Provides a volume score compared to the average volume and notifies you of higher than normal volume and volume spikes on individual bars by changing colors.
Volatility - Provides a volatility score compared to the average volatility and notifies you of higher than normal volatility by changing colors.
Oscillator - Choose between the RSI or CCI. The value of that oscillator will be displayed and will notify you when values are in extreme ranges such as overbought or oversold conditions according to the threshold values you enter in the settings panel. When those thresholds have been breached, you will be notified by it changing color.
Big Candles - Compares the current candle to average previous candle sizes, and changes color to notify you of big candles including a big top wick, big bottom wick, big candle body and big candle high to low range.
Daily Level Touches & Trends - Calculates and displays various daily candle and intraday open price levels that act as support and resistance. Notifies you when price is touching any of the daily levels that are turned on. The levels you can have on are as follows: previous day high, previous day low or previous day open. It also will notify you when price is touching the current day’s open, NY 930am open, Asia 8pm open, London 2am open and NY midnight 12am open. It will also say “Above” if price is above the previous day’s high or it will say “Below” if price is below the previous day’s low. The color of the cell will also change when a level touch is happening or price is above the previous day high or below the previous day low.
VWAP - Choose from 2 different VWAP lengths, default settings are daily and weekly VWAPs. You will get notified if price touches either of the VWAPs and they will also say “Above” or “Below” if price is currently above or below each VWAP.
How To Use The Screener To Help You Trade
The main purpose of the screener is to scan other markets and notify you of potential good trading opportunities such as price bouncing off of the daily levels or VWAPs. It can also be used to know when price is trending according to the VWAPs and daily levels. Lastly, you can use it to know how the volume and volatility trends are currently which gives you more confidence in taking a trade with this data when volume and volatility are present.
Volume Score
When volume is high, this represents a good time to trade because there are many market participants and price is likely to be volatile while there is high volume which can present a lot of good trade setups for you to take.
The volume score shown on the screener measures the current volume trend compared to previous volume trends and calculates that into a score based on 100 being the same as the previous volume trend. So any value above 100 means it is high volume and any value less than 100 means it is lower volume than normal.
In the settings panel, you can adjust the volume threshold that needs to be met for a volume notification to show up. The default setting is at 120, so you will get notified when the current volume trend score is 120 or higher or you can adjust that threshold value to whatever value you prefer.
It also will notify you when there is a volume spike on the current bar. This is determined by calculating an average of the recent volume totals and then checking to see if the current bar is greater than or equal to that average multiplied by 3. So if a single bar has volume that is greater than 3 times what the average volume is, then you will get a notification that says “Spike” to make you aware of that volume spike.
The volume trend threshold, volume spike multiplier and lookback length for the average volume used in volume spike calculations can all be adjusted in the settings panel to fit your desired preferences.
Volatility Score
High volatility can mean it is a great time to trade because the market is moving quickly and providing large enough movements that you can get in and out in a short amount of time, while still accruing decent sized trade PnL.
The volatility score will calculate the current volatility for each market compared to previous conditions and then divide the current volatility by the average volatility to give you a volatility score. Anything over 100 means the market is decently volatile and you should look at that market to find potential trade setups to execute on. Anything below 100 means the market is not very volatile and it is usually best to just wait until volatility returns before you start trading again.
The screener will notify you when the volatility score is above the threshold you set. The default value is set to 90, but can be adjusted to your preference. Pay attention to any market that shows an alert and take a look at that chart because the high volatility may present a good trade setup for you in the near future.
Oscillator Score
The oscillator data can be switched between Relative Strength Index(RSI) and Commodity Channel Index(CCI).
The RSI provides a value between 0 and 100 that indicates the momentum and strength of the recent price action. Many traders use the extremes of the 0-100 range to signal overbought or oversold conditions and use that as a sign to look for price to reverse in the near future. The typical values used for this and the default settings to provide notifications are: 70 for overbought and 30 for oversold. The scanner will notify you when the RSI value is considered overbought or oversold so you know to take a look at the chart and analyze if it is ready for a trade to be taken.
The CCI provides a value that can be used to determine the trend strength of the underlying asset when the oscillator moves above 100 or below -100. These extreme values are outside of the normal accumulation range and signify that price is moving strongly in that direction so it may be a good time to take a trade in the direction of the trend. The scanner will show you the value of the CCI for each market and notify you if that value is above 100 or below -100.
Both RSI and CCI settings can be adjusted in the settings panel to your desired settings so you have the exact oscillator settings you prefer to use as well as the exact values that you want to use for being notified.
Big Candles
Big candles can mean that many traders are buying or selling at the same time and many times indicate a good signal to trade in that same direction. That is why we included this calculation in the screener, so you are always aware when a large candle prints.
It calculates the average size of the recent candles and then uses that average as the benchmark to determine if the current candle is considered big and worthy of notifying you to take a look at that chart.
You can adjust the multiplier used for the big candle threshold to whatever you desire, but the default setting is 3 which means the candle will be considered big and notify you if it is 3 times as large as an average candle.
The big candles data will track the following candle values and notify you with these labels:
High to Low candle size = HL
Candle Body from open to close candle size = OC
Top Wick size = TW
Bottom Wick size = BW
Daily Level Touches & Trend
Daily level touches are excellent levels to watch for price to bounce because they often act as support and resistance levels for intraday trading. The scanner will track each market and notify you when the current candle is touching any of the daily levels that you have turned on in the settings panel.
The main levels that are turned on by default and are useful for all markets and how they will be labeled on the scanner are as follows:
Previous Day High = High
Previous Day Low = Low
Previous Day Open = < Open
Previous Day Close = Close
Current Day Open = Open
We also included some extra levels that are useful for futures traders. They are as follows:
NY 930am Open = 930am
NY 12am Midnight Open = 12am
Asia Open at 8pm NY time = Asia
London Open at 2am NY Time = London
Watch how price reacts to these levels and then trade the bounces off of these levels if the price action confirms that it is going to respect that level.
When price is currently above the previous day high, the scanner will say “Above” and show a green color, indicating a bullish trend and that price is above the previous daily candle’s high.
When price is currently below the previous day low, the scanner will say “Below” and show a red color, indicating a bearish trend and that price is below the previous daily candle’s low.
Pay attention to when price is trending above or below the previous daily candle as those trends can provide excellent trend trading opportunities.
The daily levels that you have turned on in the settings will also show as lines on the chart and include a label next to them, identifying each level so you know what each line represents. You can turn on or off all of the lines shown on the chart in the main settings or turn them off one by one in the style panel of the settings. Labels can also be turned on or off for all of the lines in the main settings panel. You can adjust the label positioning in the Label Offset section of the settings panel.
VWAP Touches & Trend
VWAP stands for volume weighted average price and is a very popular tool that traders use to determine trend direction based on volume as well as an excellent level to trade price bounces off of.
The typical VWAP time period used is Daily, which means the volume weighted average price will reset at the beginning of a new day. We set the first VWAP to be the daily VWAP by default and the second one to be the weekly VWAP. You can adjust both of the time periods to be any of the provided time lengths that you choose.
The screener will show “Above” with a green background color when price is above the VWAP, indicating a bullish trend. It will show “Below” with a red background color when price is below the VWAP, indicating a bearish trend. When both VWAPs are showing Above or Below, you can expect price to trend in that direction, so look for pullbacks you can trade in the direction of the trend. If the VWAPs are showing different directions, then you should expect to bounce back and forth between the VWAPs, but be careful and watch out for price to break beyond either one and start a trend.
When the current candle is touching the VWAP, the scanner will change colors and say VWAP to notify you that price is touching the VWAP and you should look at that chart and analyze the market for a potential bounce off of the VWAP to trade.
Trending Market Signals
Strong trends are excellent markets to trade and can many times provide excellent trading opportunities that don’t require expert price action reading skills to be able to take winning trades from. That is why we included a signal to notify you of a strong trending market.
The strong trending market will show up as a green or red background color for the ticker name. If the color of the ticker name is green, it is notifying you that the price is above the previous daily high, above VWAP 1 and above VWAP 2 and is a good market to look for bullish trend trades. If the color of the ticker name is red, it is notifying you that the price is below the previous daily low, below VWAP 1 and below VWAP 2 and is a good market to look for bearish trend trades.
Changing The Tickers It Scans
To change the tickers that the indicator scans, scroll near the bottom of the settings panel and select the ticker symbol you want to update and then search for the exact symbol you want to use. If you want to scan less tickers, then just turn some of the tickers off that you don’t need.
Scanning More Than 10 Tickers
If you want to scan more than 10 tickers, you can add the scanner to your chart again and then just change the table position to the other side of the screen. This will allow you to scan 10 more tickers that will show up separately. Then if you want even more, just add the indicator to your chart again and update the table position until you have as many markets as you want. The table position setting can be found at the bottom of the main settings panel.
Alerts
The screener has alerts that can be used to notify you when any of the data set thresholds have been met or if price is touching one of the levels. You can set alerts for the following events:
Bullish Trend Alert - Price is above the previous daily high and above both VWAPs.
Bearish Trend Alert - Price is below the previous daily low and below both VWAPs.
High Volume Alert - Volume is higher than the threshold or a volume spike is detected.
High Volatility Alert - Volatility is higher than the threshold.
Oscillator Is Extended Alert - Oscillator value has exceeded the upper or lower threshold.
Big Candle Alert - A big candle has been detected.
Daily Level Touch Alert - One of the daily levels that is turned on is being touched.
VWAP Touch Alert - One of the 2 VWAPs are being touched.
An alert will trigger when any one of tickers on your scanner meets the alert conditions, so when you see the alert, you will need to go to your chart and look at the scanner to see which ticker it was and then navigate to that chart to look for potential trade setups.
The alerts will use the exact same settings you have configured in the settings panel to send you alert notifications. With normal settings, this could give you a lot of alerts, so if you only want alerts to fire when abnormal conditions are being met, try setting up a second screener on your chart that has very high threshold values and only has the most important level touches on. Then turn the setting "Do Not Show The Screener On The Chart" to off so the calculations will still run and fire alerts, but won't clog up your charts. This way you can only get alert notifications when major events happen but still have your normal screener settings available on your chart.
Markets This Can Be Used On
This screener uses the price action and volume data so you can use it to scan any type of market you would like as long as the ticker you are scanning has price and volume data feeds. If a market does not have volume data, then it will just show NaN in the volume row and the VWAP rows will not show anything.
