[itradesize] ICT Opening range
This indicator automatically annotates the opening ranges of the AM and PM sessions. It should be used on the 1-minute timeframe , although you can check and build a further models when using a 2-3-4 or even 5-minute timeframe. You can customize this under the settings tab.
Additionally, it includes features such as standard deviations and the initial fair value gap presented. Everything is based on what ICT said in his algorithmic timing video.
The algorithm will continue to adjust prices higher or lower until it reaches a predetermined target price. This process will occur within specific time frames: the last 10 minutes before the hour and the first 10 minutes after a new hour begins.
For the AM session opening range, this is from 9:30 to 10:00 , and for the PM session, it's from 13:30 to 14:00 . Defining these ranges allows us to identify the first presented fair value gaps there, as the algorithm is designed to leave these signatures for smart money. This process of time-based delivery precision repeats every day. You can build a whole New York model on this.
It's important to journal and backtest your results results. If the market breaks the opening range on either side and there is evident liquidity, it is highly likely that it will pursue that liquidity.
However, before doing so, the market should retrace back to the first fair value gap if it hasn’t already occurred or back to the 0.75 or 0.5 level of the range at maximum.
When does this happen? Typically, when a macro event occurs— for example, during the lunch macro from 11:30 to 12:00 . In most cases, you can expect a retracement during lunch macro. If the market retraces beyond these levels, there is a higher probability that the expected scenario will not play out.
The algorithm primarily refers to the 30-minute opening range each time. The standard deviation levels can be used to establish algorithmic delivery targets and anticipate another run after the PM session opening range has occurred. The AM session often helps determine the likely direction of movement after the PM session range concludes.
The PM macro runs from 15:15 to 15:45 . At this time, the market will typically operate within the narrative that is currently underway.
Indikatoren und Strategien
3-Bar ReversalAbout the Script
This script automatically detects and plots a signal when a Three-Bar Reversal pattern appears on the chart, helping traders identify potential trend reversals with ease.
How to Use the Script
1) Add the script to your chart.
2) Customize the visual appearance to match your preferences.
3) Click "OK" to apply the changes.
Once configured, the script will highlight valid Three-Bar Reversal patterns when they form.
How the Script Works
The Three-Bar Reversal pattern consists of three consecutive candlesticks, each playing a crucial role in identifying market shifts:
First Bar: Represents the existing trend.
In a bullish reversal, the first bar is typically bearish (downward).
In a bearish reversal, the first bar is typically bullish (upward).
Second Bar: Indicates indecision or trend exhaustion.
This bar often has a smaller body (such as a doji or spinning top), showing weakening momentum.
It may also feature wicks on both sides, reflecting market uncertainty.
Third Bar: Confirms the reversal.
In a bullish reversal, the third bar closes above the high of the first bar, signaling a potential upward move.
In a bearish reversal, the third bar closes below the low of the first bar, signaling a potential downward trend.
Once the pattern is confirmed, a marker will appear below the third bar, helping traders quickly spot opportunities.
US Treasury Spot-Futures Price DifferentialBasis Trade Analyzer: US Treasury Spot vs Futures Price Differential
Description:
This advanced indicator calculates and visualizes the price difference between US Treasury notes/bonds in the spot market versus their corresponding futures contracts. It's designed for traders who specialize in basis trading and cash-and-carry arbitrage strategies.
Key Features:
Calculates real-time price differential (basis) between spot and futures for 2Y, 5Y, and 10Y Treasuries
Displays the basis in both price points and basis points (bps)
Visualizes 200-day moving average and ±2 standard deviation bands
Includes comprehensive data table with:
Current spot and futures prices
Price differential and historical average
Volatility measurements
Built-in alerts for statistically significant deviations
Supported Instruments:
Spot: USB02YUSD (2Y), USB05YUSD (5Y), USB10YUSD (10Y)
Futures: ZT1! (2Y), ZF1! (5Y), ZN1! (10Y)
Usage Instructions:
Select the Treasury maturity (2Y/5Y/10Y) from the input menu
Monitor the blue line for current basis
Watch for mean-reversion opportunities when price approaches the bands
Use the data table for quick reference to key metrics
Professional Applications:
Identify cash-and-carry arbitrage opportunities
Monitor convergence trends as contracts approach delivery
Analyze historical basis volatility patterns
Develop relative value trading strategies
Note: The indicator uses direct price comparisons (not yields) for accurate basis calculations. For optimal results, use daily or weekly timeframes.
ATR Stop-Loss & TargetsATR and Supertrend-based SL/TP & Trailing System
This indicator combines Average True Range (ATR) and Supertrend logic to help traders define precise stop-loss, first target, and trailing stop-loss (TSL) levels.
⚙️ Key Features:
📏 ATR-based Stop-Loss & Target Lines:
Uses ATR (default period: 5) based on the previous day's candle for more stable risk management.
Traders can choose the price source: Close, Open, or enter a manual price.
SL and first target are calculated using multipliers:
Multiplier 1 = Stop Loss
Multiplier 2 = First Target
📉 Supertrend for Trailing Stop:
Built-in Supertrend logic for trailing stop-loss management.
Uses ATR(10) with a multiplier of 2.1, based on HL2.
Supertrend can be toggled ON/OFF from the settings.
Arthavidhi Double RSI### 🔍 **Overview:**
The **Arthavidhi Double RSI** is a dual-timeframe RSI indicator designed to help traders identify trend strength and early reversals by observing momentum on **two different timeframes** simultaneously — ideal for **multi-timeframe confluence strategies**.
This version calculates and plots:
- RSI on a higher timeframe (default: **75-minute**)
- RSI on a lower timeframe (default: **5-minute**)
It helps traders **spot divergence**, **momentum shifts**, and **confirmation signals** by comparing short-term and medium-term RSI behavior in one panel.
---
### ⚙️ **Inputs:**
- `RSI Length` – Standard RSI period (default: 14)
- `Time Frame 1` – Higher timeframe for main RSI line (default: 75 minutes)
- `Time Frame 2` – Lower timeframe for secondary RSI line (default: 5 minutes)
---
### 📈 **How to Use:**
1. **Add the indicator** to your chart from the "Indicators" tab.
2. Choose your desired symbol (NIFTY, BANKNIFTY, stocks, etc.).
3. The RSI from **Time Frame 1 (e.g. 75m)** is shown in **color-coded** lines:
- 🟢 Green: RSI > 50 → Bullish momentum
- 🔴 Red: RSI < 50 → Bearish momentum
4. The RSI from **Time Frame 2 (e.g. 5m)** is shown in white, allowing comparison of short-term vs medium-term momentum.
---
### 💹 **How to Trade:**
#### ✅ **Trend Confirmation:**
- When **both RSIs are above 50**, it confirms **bullish trend** → Look for **buy entries**.
- When **both RSIs are below 50**, it confirms **bearish trend** → Look for **sell entries**.
#### 🔁 **Reversal Opportunities:**
- If the **higher timeframe RSI is above 50**, but the **lower timeframe RSI drops below 50**, it may signal **short-term pullback** or **entry opportunity** in a bullish trend.
- Vice versa for bearish trends.
#### 🟡 **Divergence Setup:**
- Look for **divergence** between price and either RSI line, especially when the higher timeframe RSI is near **overbought (70)** or **oversold (30)** zones.
---
### 🧠 **Pro Tips:**
- Combine with price action and support/resistance zones for higher accuracy.
- Works best during trending markets for pullback & continuation setups.
- Use this as part of your confluence system, not in isolation.
Average Entry Price Calculator# Average Entry Price Calculator
This powerful indicator helps you track your average entry price across multiple positions, displaying it clearly on your chart with customizable lines and labels.
## Features:
• Calculate average entry price for up to 5 different positions
• Display current price and profit/loss calculations
• Show percentage and absolute change from your average entry
• Customizable line styles, colors, and label positions
• Track your entry prices with clear visual references
## How It Works:
Enter your position details (entry price and amount in USDT), and the indicator will calculate your average entry price, displaying it as a horizontal line on your chart. The indicator also shows your individual entry prices as separate lines, making it easy to visualize your overall position.
## Perfect For:
• DCA (Dollar-Cost Averaging) strategies
• Position tracking across multiple entries
• Risk management and profit taking
• Visualizing entry zones on your chart
## Instructions:
1. Add the indicator to your chart
2. Enter your position details (price and amount)
3. Customize the visual appearance as needed
4. Use the displayed average entry line for decision making
All calculations are done locally in your browser - no sensitive data is transmitted or stored.
Enjoy more informed trading decisions with this essential position tracking tool!
Quarters Theory Levels (Yotov Style)John Alex Sagwe's Quarters Theory Levels Script
This Pine Script, developed by John Alex Sagwe, is based on the concept of the "Quarters Theory" popularized by Illan Yotov. It aims to help traders identify key levels in the market using whole, half, and quarter-level calculations. The script plots major whole levels, half levels, and quarter levels above and below the current price, allowing traders to visualize potential price points where significant market action might occur.
The customizable parameters allow you to:
Set the base level and step size (for quarter levels),
Adjust the number of levels above and below the current price to be displayed,
Toggle between showing whole, half, or quarter levels,
Use price alerts when the market price nears these levels.
Whether you’re a novice or an experienced trader, this script can help you integrate the Quarters Theory into your trading strategy. It’s designed to be flexible and user-friendly, helping you visualize key market levels with ease.
Developed by: John Alex Sagwe, an avid trader and Pine Script enthusiast.
ScalpSwing Pro SetupScript Overview
This script is a multi-tool setup designed for both scalping (1m–5m) and swing trading (1H–4H–Daily). It combines the power of trend-following , momentum , and mean-reversion tools:
What’s Included in the Script
1. EMA Indicators (20, 50, 200)
- EMA 20 (blue) : Short-term trend
- EMA 50 (orange) : Medium-term trend
- EMA 200 (red) : Long-term trend
- Use:
- EMA 20 crossing above 50 → bullish trend
- EMA 20 crossing below 50 → bearish trend
- Price above 200 EMA = uptrend bias
2. VWAP (Volume Weighted Average Price)
- Shows the average price weighted by volume
- Best used in intraday (1m to 15m timeframes)
- Use:
- Price bouncing from VWAP = reversion trade
- Price far from VWAP = likely pullback incoming
3. RSI (14) + Key Levels
- Shows momentum and overbought/oversold zones
- Levels:
- 70 = Overbought (potential sell)
- 30 = Oversold (potential buy)
- 50 = Trend confirmation
- Use:
- RSI 30–50 in uptrend = dip buying zone
- RSI 70–50 in downtrend = pullback selling zone
4. MACD Crossovers
- Standard MACD with histogram & cross alerts
- Shows trend momentum shifts
- Green triangle = Bullish MACD crossover
- Red triangle = Bearish MACD crossover
- Use:
- Confirm swing trades with MACD crossover
- Combine with RSI divergence
5. Buy & Sell Signal Logic
BUY SIGNAL triggers when:
- EMA 20 crosses above EMA 50
- RSI is between 50 and 70 (momentum bullish, not overbought)
SELL SIGNAL triggers when:
- EMA 20 crosses below EMA 50
- RSI is between 30 and 50 (bearish momentum, not oversold)
These signals appear as:
- BUY : Green label below the candle
- SELL : Red label above the candle
How to Trade with It
For Scalping (1m–5m) :
- Focus on EMA crosses near VWAP
- Confirm with RSI between 50–70 (buy) or 50–30 (sell)
- Use MACD triangle as added confluence
For Swing (1H–4H–Daily) :
- Look for EMA 20–50 cross + price above EMA 200
- Confirm trend with MACD and RSI
- Trade breakout or pullback depending on structure
VBSMI Strategy by QTX Algo SystemsVolatility Based SMI Strategy by QTX Algo Systems
Overview
The Volatility Based SMI Strategy transforms our popular VBSMI with Dynamic Bands indicator into a fully automated strategy that traders can backtest inside TradingView. It retains all core logic from the indicator—including adaptive volatility scaling and trend-based overbought/oversold thresholds—but adds two configurable entry methods, exit conditions, and a dual-mode trade execution engine.
This script is published separately from the VBSMI indicator because some traders use VBSMI as a confluence tool within their existing system, while others prefer a rules-based strategy that can be simulated, optimized, and tracked over time. This script serves the latter use case.
How It Works
Like the original indicator, this strategy uses:
Double-Smoothed SMI Calculation: Based on smoothed momentum using EMA of the relative and full range.
Adaptive Volatility Scaling: Uses a normalized BBWP-based factor to reflect current market volatility.
Dynamic Band Adjustment: Trend direction and strength shift overbought/oversold levels upward or downward.
Band Tilt & Compression Controls: Inputs allow users to define how aggressively the bands shift with trend conditions.
What’s different is the strategy layer—you now choose from two types of entry and exit logic, and two execution styles.
🛠️ Entry & Exit Modes
There are two logic modes for both entry and exit, allowing you to adapt the strategy to your own philosophy:
Cross Mode (SMI Crosses EMA):
Entry: Buy when SMI crosses above its EMA
Exit: Close when SMI crosses below its EMA
Exit OB/OS Mode (Band Exit Logic):
Entry: Buy when price exits dynamic oversold zone (crosses back above tilted oversold band)
Exit: Close when price exits dynamic overbought zone (crosses back below tilted overbought band)
You can mix and match the modes (e.g., enter on Cross, exit on Band Exit).
⚙️ Spot vs. Leverage Mode
Spot Mode
Designed for traders who prefer long-only setups
Enters a long position and holds until the exit condition is met
Prevents overlapping trades—ensures only one position at a time
Leverage Mode
Designed for those testing bi-directional systems (e.g., long/short switching)
Automatically flips between long and short entries depending on the signals
Useful for testing symmetrical strategies or inverse conditions
Both modes work across any asset class and timeframe.
Customization Options
Users can adjust:
Smoothing K/D: Controls how fast or slow the momentum reacts
SMI EMA Length: Determines the responsiveness of the signal line
Trend Lookback Period: Influences how stable the dynamic band tilt is
Band Tilt & Compression Strengths: Refines how far bands adjust based on trend
Entry/Exit Logic Type: Choose between “Cross” or “Exit OB/OS” logic
Trading Mode: Select either "Spot" or "Leverage" depending on your use case
Why It’s Published Separately
This script is not a cosmetic or minor variation of the original indicator. It introduces:
Entry/exit logic
Order execution
Strategy testing capabilities
Mode selection (Spot vs. Leverage)
Signal logic control (Cross vs. Band Exit)
Because the original VBSMI indicator is widely used as a charting and confirmation tool, converting it into a strategy changes how it functions. This version is intended for strategy evaluation and automation, while the original remains available for discretionary and visual use.
Use Cases
This strategy is best suited for:
Evaluating VBSMI-based signals in backtests
Comparing entry and exit logic over time
Testing setups on different assets and timeframes
Automating VBSMI-based logic in a structured and risk-aware framework
Disclaimer
This strategy is for educational purposes only. It does not guarantee future results or profitability. Always test in simulation before using any strategy live, and use proper risk management and trade discipline.
3CRGANG - Histogram (Basic)This indicator provides traders with a unified view of momentum by combining multiple classic oscillators into a single histogram. By aggregating momentum signals into one visual output, it simplifies trend analysis, helping traders identify momentum shifts without managing multiple indicators separately.
What It Does
The 3CRGANG - Histogram (Basic) calculates a momentum-based histogram using a user-selected oscillator (e.g., RSI, MACD, MFI, RVI, Stochastic, Stochastic RSI, or TMASlope). The histogram is plotted with color-coded bars to indicate bullish, bearish, or neutral momentum, alongside predefined alert levels and a trend status table for quick reference.
Why It’s Useful
This script addresses the challenge of monitoring multiple momentum indicators by consolidating them into a single histogram. Each oscillator measures momentum differently (e.g., RSI tracks price strength, MACD focuses on moving average convergence, MFI incorporates volume), but the script normalizes these signals into a unified output. This reduces chart clutter and provides a clear, actionable signal for identifying trend direction, making it easier for traders to focus on key momentum shifts across various market conditions.
How It Works
The script follows these steps to generate the histogram:
Oscillator Selection: Traders choose one oscillator to base the histogram on. For example: RSI measures the speed and change of price movements, MACD tracks the relationship between two exponential moving averages, and MFI combines price and volume to measure buying/selling pressure. The choice of oscillator affects the histogram’s sensitivity to price movements.
Fast Oscillator Calculation: A fast-moving oscillator is computed using the selected method over a user-defined period (default: 8 bars). For instance, RSI calculates the relative strength of price gains versus losses, while MACD computes the difference between short and long EMAs. The result is normalized to a range centered around zero.
Histogram Plotting: The oscillator’s output is adjusted by a modification factor (default: 1) for sensitivity tuning and plotted as a histogram. Positive values indicate bullish momentum, negative values indicate bearish momentum, and values near zero suggest a lack of clear trend.
Color Coding: Bars are colored based on momentum and price direction: green for bullish momentum (price moving upward, histogram value typically positive), red for bearish momentum (price moving downward, histogram value typically negative), and grey for neutral momentum (ranging conditions or unclear trend).
Alert Levels: Predefined buy and sell levels are plotted as dotted lines to mark significant momentum thresholds. For most oscillators, levels are set at 20 (buy) and -20 (sell), representing overbought/oversold conditions based on historical performance. For TMASlope, levels are adjusted to 0.04 and -0.04, as it measures the slope of a triangular moving average relative to the average true range (ATR).
Trend Table: A table in the top-right corner displays the current timeframe’s trend status ("Buy Only," "Sell Only," or "Ranging") based on the histogram value, price direction, and alert levels, along with the histogram’s numerical value.
Underlying Concepts
The script is built on the concept of momentum aggregation, aiming to capture short-term price dynamics while filtering noise. By using a fast-moving oscillator, it emphasizes recent price action, and the histogram format provides a visual summary of momentum strength. The alert levels are derived from typical overbought/oversold thresholds for each oscillator, adjusted to ensure consistency across different methods. The trend table adds a layer of interpretation, helping traders quickly assess whether the momentum aligns with the broader trend.
Use Case
Trending Markets: In a bullish trend, green bars above the buy alert level (e.g., 20) indicate strong upward momentum, suggesting potential long entries. In a bearish trend, red bars below the sell alert level (e.g., -20) suggest short opportunities.
Ranging Markets: Grey bars or values between alert levels indicate a lack of clear momentum, prompting caution or scalping strategies.
Confirmation Tool: Use the histogram to confirm price action signals, such as breakouts or reversals, by ensuring momentum aligns with the direction of the move. For example, a breakout with green bars above the buy level may signal a stronger trend.
Settings
Choose Type: Select the oscillator to use (default: RSI - CLASSIC).
Source: Choose between Close or HL2 price data (default: Close).
Histogram Length: Set the period for oscillator calculation (options: 5, 8, 13; default: 8).
Modification Factor: Adjust the sensitivity of the histogram (default: 1).
Notes
The script supports classic oscillators only and operates on the current timeframe.
If volume data is unavailable for your ticker, MFI calculations may not work; select another oscillator to continue plotting.
Disclaimer
This indicator is a tool for analyzing market trends and does not guarantee trading success. Trading involves risk, and past performance is not indicative of future results. Always use proper risk management.
Market Session StrategyMarket Session Strategy Indicator Explanation
This is a TradingView Pine Script indicator called "Market Session Strategy" that monitors different market sessions and generates trading signals based on pattern analysis between sessions. Let me break down how it works:
Core Functionality
The indicator divides the trading day into three sessions:
Pre-Market (7:30 PM - 3:00 AM ET by default)
Regular Market (3:00 AM - 9:30 AM ET by default)
After Hours (9:30 AM - 4:00 PM ET by default)
For each session, it:
Tracks price action (open, high, low, close)
Calculates range percentages
Identifies session bias (bullish or bearish)
Draws visual session boxes on the chart
Generates trading signals based on historical patterns
Signal Generation Methodology
The indicator generates BUY/SELL signals at the beginning of the Regular Market and After Hours sessions using three main strategies:
1. Trend Continuation/Reversal Analysis
The script tracks how often a bullish/bearish trend in one session continues or reverses in the next session. For example:
If pre-market trends historically continue into regular hours 70% of the time and today's pre-market is bullish, it may generate a BUY signal.
If reversals are more common, it may generate a counter-trend signal.
2. Tight Range Breakout Signal
The indicator identifies "tight range" sessions (where price movement is unusually constrained compared to recent averages). A tight range with a bullish bias generates a BUY signal, while a bearish bias generates a SELL signal.
3. Day of Week Pattern Analysis
The script analyzes which days of the week show stronger trend continuation probabilities. If a particular day (like Monday) historically shows strong trend continuation and the threshold is met, it generates a signal accordingly.
Visual Components
The indicator provides several visual elements:
Colored session boxes showing high/low ranges
Signal labels at entry points
Session background colors with high transparency
A comprehensive dashboard showing session status, range percentages, bias, and signals
Performance Tracking
The script tracks trade success by session and day of week, which helps refine future signals. A trade is considered successful if:
A BUY signal is followed by a close higher than open
A SELL signal is followed by a close lower than open
Session extensions [dani]Session Extension
Indicator Description
The Session Extensions indicator is a customizable tool designed to visually represent key price levels during a specified trading session. It calculates and displays the high, low, and midpoints of the session, along with extension levels based on user-defined multipliers. These extensions help traders identify potential support and resistance zones beyond the initial session range.
This indicator is particularly useful for intraday traders who rely on session-based analysis to make informed decisions. It overlays directly on the chart, ensuring seamless integration with price action.
Key Features
Session-Based Analysis : Tracks and highlights key price levels (high, low, midpoint) during a specific trading session.
Customizable Extension Levels : Allows users to define up to six extension levels (both above and below the session range) with unique multipliers, colors, styles, and widths.
Real-Time Updates : Automatically updates during the active session and resets at the start of a new session.
Usage Guidelines
Add the Indicator to Your Chart : Apply the Session Extensions indicator to your chart to visualize key session-based levels.
Intraday Focus : This indicator is optimized for intraday trading. Ensure that the chart's timeframe is set to an intraday interval (e.g., 1-minute, 5-minute).
Session Alignment : Verify that the session time aligns with your trading schedule and timezone. Misalignment may result in incorrect session detection. (This indicator use America - New York timezone)
Avoid Overcrowding : While the indicator supports multiple extension levels, enabling too many levels simultaneously may clutter the chart. Use discretion when configuring extension levels.
Customize Line Styles and Colors : Tailor the appearance of lines and labels to align with your trading style. Use solid, dashed, or dotted lines, and choose colors that enhance visibility without cluttering the chart.
Combine with Other Tools : Pair this indicator with other technical analysis tools (e.g., moving averages, volume profiles) to enhance decision-making.
Disclaimer & Chat
The Session Extensions indicator is intended for educational and analytical purposes only. It does not provide financial advice or guarantee trading success. Users are responsible for verifying the accuracy of session times and ensuring proper configuration before using the indicator in live trading. This indicator is not a trading signal generator.
Thank you for choosing this indicator! I hope it becomes a valuable part of your trading toolkit. Remember, trading is a journey, and having the right tools can make all the difference. Whether you're a seasoned trader or just starting out, this indicator is designed to help you stay organized and focused on what matters most—price action. Happy trading, and may your charts be ever in your favor! 😊
From, Dani.
Daily Volume High Notifier📜 Script Description – Daily Volume High Notifier
This indicator monitors trade volume and sends an alert whenever a new daily high in volume is reached. The high volume is reset at the beginning of each trading day, allowing traders to stay informed of significant intraday volume spikes.
🛠️ Features:
Tracks the highest trade volume for the current day.
Resets the volume high tracker at the start of each new day.
Sends a real-time notification (alert()) whenever a new volume high is detected.
Useful for identifying unusual activity, potential breakouts, or institutional participation.
📊 Visual Elements:
Blue histogram for standard volume.
Red line showing the current day’s highest volume so far.
🔔 How to Use:
Add the script to any chart.
Enable alerts using the built-in alert() function.
Receive notifications every time volume hits a new high for the day.
🔔 Setting up Alerts in TradingView:
After adding this indicator to your chart:
Click the Alarm Clock (Alerts) icon.
Set condition: Daily Volume High Notifier → alert() function call .
Choose your alert type (app notification, email, popup, etc.).
Name it something like "Volume High Alert" and hit Create.
This tool is ideal for day traders, scalpers, and volume-based strategy traders who want to be instantly notified of spikes in market activity.
Initiative Analysis AdvancedInitiative Analysis Indicator
📊 Initiative Analysis (IA) Indicator
Initiative Analysis (IA) is an innovative technical analysis tool based on a unique concept of visualizing and analyzing the real battle between buyers and sellers.
🔍 What is IA and how does it work?
IA identifies initiatives on the chart — directional price moves caused by the actions of buyers or sellers. These initiatives form the three key phases of the market:
• Sideways range (consolidation)
• Trend
• Transitional period
Each initiative has a time limit and a price range. This helps traders clearly see:
• Who currently controls the market;
• What key levels and activity zones are forming;
• Where the price is likely to meet support or resistance.
________________________________________
📘 Main Features and How to Read the Chart
✅ Identifying Buyer and Seller Initiatives (Dominant Zones)
• A blue background shows a buyer’s initiative — buyers control the market and price is expected to rise (colors can be customized).
• A red background shows a seller’s initiative — sellers control the market and price is expected to fall.
✅ Key Price Levels
• The bottom edge of the blue zone = potential demand/support level.
• The top edge of the red zone = potential supply/resistance level.
• The blue line = potential target level during bullish phases.
• The red line = potential target level during bearish phases.
✅ Levels Inside Initiatives
• The indicator can show up to 5 levels inside each initiative (like Fibonacci levels), which you can set manually in the settings.
✅ Multi-Timeframe Analysis
• Visual elements (initiatives, levels, targets) are shown for two timeframes at once: the current chart timeframe and a higher timeframe of your choice.
• This helps to do full analysis without switching charts.
✅ Key Candles in Initiative Analysis
• KC (Key Candle): the candle with the highest volume within an Initiative.
• tKC (Temporary Key Candle): a temporary high-volume candle that forms after the KC. It may become the new KC if the Initiative extends beyond the previous range.
• IKC (Internal Key Candle): the candle with the highest volume among Initiatives that form inside a sideways range. If KC/tKC and IKC appear in opposite directions within the same Initiative, IKC takes priority.
One possible approach for finding long setups: look for a buyer-side KC, tKC, or IKC within the lower 50% of the Initiative, or a seller-side KC/tKC/IKC on the lower boundary that has been absorbed by buyers. The reverse applies when looking for short setups.
✅ Buyer and seller zones within Initiative:
• Red rectangles represent seller zones. It is preferable to look for sell patterns within the price range of the seller zone when the price returns to that area.
• Blue rectangles represent buyer zones. It is preferable to look for buy patterns within the price range of the buyer zone when the price returns to that area.
✅ Customization
• All colors and elements can be easily adjusted to fit your trading style.
________________________________________
💡 Why is IA useful for traders?
• Color-coded zones make market context easy to understand: who’s in control, key levels, possible initiative change;
• Saves a lot of time on market analysis;
• Helps find return zones and high-potential entry points;
• Helps forecast potential price targets;
• Makes reading market structure simple and clear.
You can learn more about the Initiative Analysis in the related posts.
A New Approach to Market Analysis: How IA Simplifies Trading
Where to find Trading opportunities?
Stockbee 4% DaysStockbee 4% / -4% identifier. Helps with depicting mom bursts in either direction. I find it particularily helpful when I am looking to determine tightness and quality of a consolidation. You don't want more than one -4% day in a quality consolidation before a breakout.
Uptrick: Stellar NexusOverview
Uptrick: Stellar Nexus is a multi-layered chart tool designed to help traders visualize market behavior with enhanced clarity and depth. It presents various overlays, signal triggers, and an asset-level behavioral table in one cohesive interface. Its core focus is to illustrate how different market states shift over time. By displaying directional structures, dynamic zones, momentum shifts, and a real-time probability assessment of multiple assets, it aims to deliver a comprehensive perspective for those looking to navigate complex market environments more confidently.
Purpose
The primary purpose of Stellar Nexus is to unify several market assessment methods into a single framework, sparing users the need to rely on multiple disjointed indicators. It is especially useful for traders who value having layered signals, interactive overlays, and a quick reference to asset-specific metrics within one tool. By consolidating multiple market insights, the script aspires to reduce guesswork, limit information overload, and present clear triggers for potential trade opportunities or risk management decisions.
Originality
Stellar Nexus stands out because it relies on a proprietary set of logic layers, each carefully designed to detect nuanced shifts in price movement. The script brings forward a streamlined depiction of underlying market changes through color-coded zones, shape markers, and short textual tags. Its architecture also accommodates multiple “modes” of viewing the market—be it through layered cloud structures, trend ribbons, or step-based overlays—so traders can adapt its outputs to match changing conditions. The presence of a specialized probability table and a real-time market state meter (HUD Meter) further underscores its uniqueness, providing at-a-glance scoring for various instruments and a gauge that visually displays ongoing transitions from trending to ranging phases.
Inputs
Stellar Nexus includes several user-configurable settings, organized into themed groups. Each input subtly modifies how information is derived or rendered on the chart:
General
Silken Veil (integer input) : Governs how smooth or responsive various underlying signals will appear.
Canvas (dropdown) : Chooses the primary visual overlay style among Nebula Trail, Velora, or Stellar Stepfilter.
Signals (dropdown) : Selects which built-in signal engine (Fluxor or Flowgen) is responsible for painting buy and sell markers.
Nova Tension (integer input) : Influences the internal motion sensitivity used by certain triggers.
Astral Ribbon (integer input) : Imparts a broader directional bias layer that can highlight whether the current environment is bullish or bearish.
Bands
Phase Delay (integer input) : Impacts baseline offsets for certain dynamic band calculations.
Band Softener (float input) : Creates a blended baseline, balancing two distinct smoothing techniques.
Spread Factor (float input) : Scales how wide or narrow the generated envelope bands become.
Layer Offset (float input) : Adjusts spacing between multiple layered boundaries in the band structure.
Smooth Mode (dropdown boolean) : Toggles an extra layer of smoothing on or off for the plotted envelopes.
Feed Matrix
Burst (integer input) : Adjusts how the Flowgen engine interprets momentum buildup. Higher values generally lead to more conservative signals.
Delta Curve Sync (integer input) : Alters the sensitivity of directional alignment within the Flowgen system, refining how quickly the script adapts to market slope changes.
Lambda Pulse Shift (integer input) : Controls timing offsets within the Flowgen structure, subtly influencing the trigger timing of transitions.
Sync Drift Limit (integer input) : Provides a stabilizing effect on the internal motion detection engine, helping reduce erratic behavior during choppy conditions.
WMA Open Filter Tunnel (integer input) : Filters signal validity by applying a dynamic range check on opening price structures, reducing false positives in unstable markets.
Probability Table
Show Predictability Table (boolean) : Enables or disables a table of asset metrics.
Show Numeric Values (boolean) : Switches between displaying numeric values and using simple directional markers in the table cells.
Stepfilter
Sensitivity (dropdown) : Offers a range of speed profiles (Very Fast to Very Slow and TURTLE option) that define how quickly or slowly the step-based overlay reacts to price changes.
HUD Meter
Show Stellar HUD Meter (boolean) : Turns on or off a specialized gauge for quick insight into trending vs. ranging conditions.
Take Profit Signals
Show TP Signals (boolean) : Determines whether exit or take-profit markers are displayed after certain conditions have been met.
Phase Length (integer input) : Influences the internal baseline used for the exit signal logic.
Sync Channel (integer input) : Sets a period within which different data points are compared or synced.
Filter (integer input) : Imposes an additional smoothing on exit-related cues.
Features
Signals (Fluxor and Flowgen)
Fluxor
Logic: Fluxor focuses on detecting specific price transitions, validating them against an internal directional and momentum layer, and then confirming the move based on the script’s overarching market bias.
Visual Representation: When Fluxor is activated, up and down label markers (“▲+” or “▼+”) appear at points the system regards as noteworthy transitions. These do not guarantee trades but are designed to guide users on when buying or selling pressure may have intensified or reversed.
How It Helps: Fluxor is streamlined for those who want simpler, clearer triggers that factor in both trend alignment and short-term motion shifts. This option is more for mean reversion traders.
Flowgen
Logic: Flowgen employs a slightly more sophisticated approach that evaluates multiple “environmental layers,” including structural alignment, directional slope checks, and distinct open-state filters.
Visual Representation: When Flowgen senses a valid transition, it prints discrete up and down markers, much like Fluxor, but triggered by different, multi-layer considerations.
How It Helps: Flowgen caters to traders who desire more emphasis on layered agreement—where multiple aspects of the market must line up before a signal is shown. This option is more for trend following traders.
Overlays (Nebula Trail, Velora, Stellar Stepfilter)
Nebula Trail
Purpose: This indicator employs dynamic, color-coded bands around price action to illustrate prevailing market bias and track which side—bulls or bears—wields greater influence, aligning with a trend-following approach.
Usage: This indicator creates outer and inner “band” regions that can function as potential support or resistance in alignment with market momentum. In bullish phases, the cloud below price acts as a supportive barrier, whereas during bearish conditions, the cloud above price provides a point of resistance. When a bearish signal is detected, traders may enter short positions on a price bounce off this band and then exit when subsequent take-profit cues appear, effectively leveraging the band for both entry and exit strategies.
Velora
Purpose: Extends the concept of band visualization into layered “tiers,” giving a more fine-grained view of how price transitions from one band to another.
Representation: Zones are subdivided into multiple steps, each with distinct shading. As the script’s internal logic detects shifts between bullish or bearish conditions, these layered bands expand or contract to reflect changing momentum.
Usage: Velora subdivides zones into multiple steps, each featuring distinct shading. As the script's internal logic detects shifts between bullish or bearish conditions, these layered bands expand or contract, signaling changes in momentum. When price enters the upper band, especially if the HUD meter shows less definitive momentum, it may hint at a non-trending environment; conversely, in a bearish scenario, the lower band can act as potential support. Narrower bands often point to an impending breakout, while wider bands can suggest a possible reversion in price. Velora is well-suited for traders wanting to see more intermediate zones where the market may hesitate or show partial confirmation—ideal for refined entries or exits.
Smooth:
Choppy:
Stellar Stepfilter
Purpose: Focuses on a persistent directional line that only updates when the script’s logic deems a genuine shift is taking place.
Representation: A single line plots on the chart to represent the “locked” direction. During periods of noise or indecision, this line may remain static, reducing false signals. Optionally, bars can be recolored to reflect bullish or bearish states.
Usage: Traders who prefer a minimalistic, stand-back approach often select Stellar Stepfilter for its ability to filter out choppy conditions and highlight clearer momentum strides. When the line remains flat—particularly in the very slow or “turtle” mode—it signals a ranging market, offering valuable insight into periods of reduced volatility. In TURTLE mode, bars are recolored green or orange to reflect locked trend direction more visibly. TURTLE mode offers the most conservative setting within the Stepfilter engine, emphasizing stability and clarity by reacting only to the strongest directional conditions and visually reinforcing its state through bar coloring.
Very Fast
Very Slow
TURTLE Mode
Probability Table
Description: The Probability Table is displayed on the top-right corner (by default). It automatically fetches data for a handful of assets (in this case, five popular cryptocurrencies), then scores each asset on multiple behavioral metrics. By default, the Probability Table monitors SOL, BTC, ETH, BNB, and XRP from Binance.
Metrics Explained:
HV: Suggests how the asset’s price is fluctuating relative to a standard reference.
ATR/Vol: A ratio that provides insight into volatility compared to trading activity.
WBR: Compares candle wicks against their bodies to gauge the frequency of price swings outside an open-close range.
Liq Clust: Indicates if there are pockets of stable or unstable liquidity.
Momentum: Observes shifts in buying or selling pressure.
PRI: Shows a baseline measure of how far price has deviated from a certain average over time.
Final Verdict: Based on each metric’s reading, an overall classification emerges: Predictable, Moderate, or Chaotic.
How It Helps: Traders can quickly scan this table to see if an asset’s environment is “Predictable” (potentially more structured), “Moderate” (balanced or transitional), or “Chaotic” (unstable and riskier). Each cell can optionally show either numeric approximations or simple “up/down” arrows to reduce clutter.
Non Numeric Values
Numeric Values
Stellar HUD Meter
Description: Located at the top center of the chart, this horizontal gauge toggles between “Trending” and “Ranging,” representing how firmly price is locked in directional expansion versus sideways hesitation.
Mechanics (General): The gauge increments or decrements over time, smoothing out abrupt shifts. A pointer slides across the meter, indicating whether conditions are leaning more toward persistent momentum or uncertain, choppy movement.
How It Helps: This immediate visual feedback helps traders decide if momentum strategies or mean-reversion approaches are more suitable at a given moment, avoiding reliance on guesswork alone.
Take Profit Signals
Description: After any buy or sell trigger occurs (either through Fluxor or Flowgen), the script can flag up to three potential exit points.
Trigger Logic (General): These exits appear when certain internal checks sense that short-term upside or downside pressure may be waning.
Representation: Small markers (“X”) appear near the top or bottom of the candle.
How It Helps: Rather than passively holding a position, these optional signals remind traders of possible exhaustion points. If they choose to follow them, it can help secure partial or full profits during a trend.
Why more than one indicator?
Having more than one internal indicator engine allows Stellar Nexus to adapt to different market behaviors and personal trading styles. Sometimes traders require swift, high-frequency triggers (Fluxor). Other times, they prefer more layered agreement before taking a position (Flowgen). Similarly, each overlay—Nebula Trail, Velora, and Stellar Stepfilter—offers a distinct method for visualizing price action. Markets are dynamic, and no single representation is ideal for all conditions. By blending multiple approaches into one script, Stellar Nexus provides flexibility: a user can switch between sets of signals or overlays based on market phase, personal risk preference, or the timeframe being traded.
Additional Features
Alert System: Built-in alerts for every trigger or state change ensure that traders can receive real-time notifications, even when away from the chart. The alert system includes buy/sell triggers, trend shifts, overlay transitions, take-profit points, and predictability status changes across monitored assets.
Selective Visibility: Users can enable or disable various modules—Probability Table, HUD Meter, Take Profit Signals—to keep their chart interface uncluttered.
State Persistence: Certain modules “lock in” their reading until a strong reason emerges to change it, which can help minimize false flips in volatile conditions.
Tailored Aesthetics: Color choices and label styling are curated to be visually distinct, reducing confusion when multiple signals or overlays occur simultaneously.
Conclusion
Uptrick: Stellar Nexus is a comprehensive, multi-layer script that merges aesthetic clarity with functional depth. It combines diverse overlays, signal engines, probability analyses, and a heads-up market meter into one cohesive tool. By handling trending vs. ranging states, evaluating asset predictability, and offering selective take-profit cues, it serves as a versatile companion for traders who want organized, visually intuitive guidance. Its originality is found not only in how it disguises internal computations, but in the ease with which users can cycle through different overlays and signals to suit changing market conditions. As always, personal due diligence, market awareness, and risk management remain essential. Stellar Nexus simply provides a refined canvas on which to read and interpret price action more confidently.
Disclaimer
This indicator is provided solely for informational and educational purposes. It does not constitute investment advice or a recommendation to engage in any trading activities. Trading and investing in financial markets involve significant risk, and past performance is not indicative of future results. Always conduct your own research, utilize proper risk management, and consider consulting a qualified financial professional before making any investment decisions. Neither the creator nor any contributors to this script accept any liability for financial losses or damages arising from its use. Users of this indicator assume full responsibility for their trading activities.
SuperTrend Momentum OscillatorOverview
The SuperTrend Momentum Oscillator (SMO) is a powerful technical analysis tool designed to identify trend direction and strength in financial markets. It combines short-term and long-term oscillator calculations to provide traders with a comprehensive view of market conditions through an intuitive candle-based visualization system.
Key Features
Dual-period oscillator system (short-term and long-term)
Candle-based visualization showing trend direction and alignment
Color-coded trend direction based on the main (slower) trend line
Candle size reflecting alignment between fast and slow components
High-confidence "Super" signals (green diamonds for buys, purple diamonds for sells)
Market liquidity insights through oscillator readings
Understanding the Candle Visualization
Main Trend vs. Fast Money
The SMO uses two key components that work together:
Main Trend Line (Slower): The longer-period oscillator that acts as the primary trend indicator
Dictates the overall color of the candles (green for uptrend, red for downtrend)
Represents the dominant market direction
Fast Line (Quicker): The shorter-period oscillator that reacts more quickly to price changes
Helps determine the size of candles through its alignment with the main trend
Represents "fast money" or shorter-term price reactions
Candle Components and Their Meaning
1. Candle Color
The color of each candle is determined by the direction of the main trend line:
Green Candles: Main trend line is rising (bullish)
Indicates an overall uptrend regardless of short-term fluctuations
Remains green even when the fast line temporarily moves against the trend
Red Candles: Main trend line is falling (bearish)
Indicates an overall downtrend regardless of short-term fluctuations
Remains red even when the fast line temporarily moves against the trend
2. Candle Body Size
The body size of each candle represents the alignment between fast and main trend lines:
Large Bodies: Both fast and main trend lines are moving in the same direction
Trading Action: Strong confirmation of the trend direction
Confidence Level: High confidence signals
Small Bodies: Fast line is moving against the main trend line
Trading Action: Exercise caution; potential for temporary pullback or consolidation
Confidence Level: Lower confidence in immediate continuation
3. Wick Length
Wicks (shadows) provide additional information about price rejection and volatility:
Long Wicks: Indicate price rejection and potential volatility
Trading Action: Be cautious of trend continuation when long wicks appear
Confidence Level: Reduced confidence in immediate trend continuation
Short Wicks: Indicate strong directional control with minimal rejection
Trading Action: More confidence in trend continuation
Confidence Level: Higher confidence in the current trend direction
Candle Patterns Over Time
The progression of candles provides valuable trend information:
Large Green Candles: Main trend is up and fast line confirms (strong bullish)
Trading Action: Consider entering or adding to long positions
Confidence Level: High confidence in uptrend
Small Green Candles: Main trend is up but fast line is moving down (caution in uptrend)
Trading Action: Hold existing long positions but wait before adding
Confidence Level: Moderate confidence in uptrend, possible short-term pullback
Large Red Candles: Main trend is down and fast line confirms (strong bearish)
Trading Action: Consider entering or adding to short positions
Confidence Level: High confidence in downtrend
Small Red Candles: Main trend is down but fast line is moving up (caution in downtrend)
Trading Action: Hold existing short positions but wait before adding
Confidence Level: Moderate confidence in downtrend, possible short-term bounce
Super Signals - High Confidence Trading Opportunities
The SMO focuses exclusively on high-confidence "Super" signals:
Green Diamond Super Buy Signals
Meaning: Both short-term and long-term oscillators are generating buy signals simultaneously
Visual Indicator: Green diamond markers at the bottom of the indicator (0 level)
Trading Action: Strong entry signal for long positions
Confidence Level: High confidence signal, especially when accompanied by large green candles
Purple Diamond Super Sell Signals
Meaning: Both short-term and long-term oscillators are generating sell signals simultaneously
Visual Indicator: Purple diamond markers at the top of the indicator (100 level)
Trading Action: Strong entry signal for short positions or exit signal for long positions
Confidence Level: High confidence signal, especially when accompanied by large red candles
Market Liquidity Concept
The SMO provides a unique perspective on market conditions that goes beyond traditional oscillator interpretations:
Low Oscillator Readings (Below 20)
When the oscillator shows low readings (below 20), this indicates:
Traditional interpretation: Market is oversold, potential for upward reversal
Liquidity interpretation: Insufficient money in the market
This suggests thin trading conditions where large orders may have outsized impact
Price movements may be more erratic and less predictable
Breakouts may lack follow-through due to insufficient participation
High Oscillator Readings (Above 80)
When the oscillator shows high readings (above 80), this indicates:
Traditional interpretation: Market is overbought, potential for downward reversal
Liquidity interpretation: Abundant money in the market
This suggests deep trading conditions with high participation
Price movements tend to be more orderly and trend-based
Breakouts may have stronger follow-through due to high participation
Trading Strategies with SMO
Strategy 1: Main Trend with Alignment Confirmation
This strategy uses the main trend direction with alignment confirmation:
Entry Criteria:
Main trend direction is established (green or red candles)
Fast line aligns with main trend (large candles)
Super signal confirms (green or purple diamond)
Exit Criteria:
For long positions: When candles turn red or Super Sell signal appears
For short positions: When candles turn green or Super Buy signal appears
Stop Loss Placement:
For long positions: Below recent swing low
For short positions: Above recent swing high
Strategy 2: Counter-Trend Opportunity Detection
This strategy identifies potential counter-trend opportunities:
Entry Criteria:
Small candles appear (indicating disagreement between fast and main trend lines)
Oscillator reaches extreme levels (above 80 or below 20)
Wait for candle color change before entering
Position Sizing:
Use smaller position sizes for counter-trend trades
Increase size only when main trend confirms the new direction
Exit Criteria:
Take profit at the first sign of alignment in the opposite direction
Use tighter stops than with trend-following trades
Strategy 3: Market Liquidity Strategy
This strategy incorporates the market liquidity concept:
For Low Liquidity Conditions (Readings below 20):
Wait for Super Buy signals (green diamond)
Use smaller position sizes
Be prepared for potentially erratic price movements
Look for signs of increasing liquidity (expanding candle bodies) before adding to positions
For High Liquidity Conditions (Readings above 80):
Consider holding positions longer despite "overbought" readings
Use trailing stops to capture extended moves
Be aware that trends may persist longer than expected
Practical Trading Scenarios
Scenario 1: Strong Trend Confirmation
Candle Pattern: Series of large green candles (main trend up, fast line confirms)
Signal: Green diamond Super Buy marker at the bottom (0 level)
Background: Intensifying green gradient
Action: Enter long position with confidence
Stop Loss: Below recent swing low
Take Profit: When candles become small or turn red
Scenario 2: Trend Weakening Detection
Candle Pattern: Green candles becoming smaller (main trend still up, but fast line diverging)
Signal: No new signals
Background: Fading green gradient
Action: Tighten stops on long positions, prepare for potential reversal
Reasoning: Fast money is starting to move against the main trend
Scenario 3: Trend Reversal Identification
Candle Pattern: Transition from small green candles to red candles (main trend changing)
Signal: Appearance of purple diamond Super Sell marker at the top (100 level)
Background: Changing from green to red gradient
Action: Exit long positions and potentially enter short positions
Timing: Most effective when reversal occurs near overbought (80) level
RSI in pane and 3 EMAs on chartCustom RSI in Pane + 3 EMAs on Chart — with Optional RSI Divergence Detection
Combines RSI in a separate pane with 3 EMAs on the chart and optional RSI-based divergence detection. Useful for analyzing both momentum and trend structure.
Features
RSI Pane
Custom RSI calculation (not built-in ta.rsi) with adjustable source and length
Overlay optional moving average (SMA, EMA, SMMA/RMA, WMA, VWMA, or Bollinger Bands) Overbought/oversold gradient fill for visual clarity (70 / 30 zones)
Midline (50) for neutral RSI territory
RSI Divergence Detection
Optional: toggle on/off with one input
Regular Bullish Divergence : Price makes a lower low, RSI makes a higher low
Regular Bearish Divergence : Price makes a higher high, RSI makes a lower high
Customizable lookback for pivot detection
Visual markers and labels plotted on RSI
Built-in alert conditions for both divergence types
3 EMA Trend Indicators on Price Chart
Three customizable EMAs (default: 20, 50, 200)
Color-coded and clearly plotted on main chart
Use to determine short/mid/long-term trend bias
No repainting or smoothing artifacts
Why use this script?
Gives a full view of trend + momentum without cluttering the main price chart, and it helps confirm entries and exits by observing RSI behavior alongside EMAs. The optional divergence detection can act as a signal for potential exhaustion or reversal (not entry signals on their own). It is a Good fit for traders who use RSI zones, divergences, and EMA structure in their decision-making, both for intra-day and swing trades (where it performs best).
How to use
Add this script to your chart. EMAs will appear on the main price chart; RSI and divergence will appear in a separate pane.
Adjust RSI and MA settings to fit your trading style (e.g., fast RSI for scalping, slower for swing)
Enable "Show Divergence" if you want visual alerts and markers
Use alerts to get notified when a divergence occurs without watching the chart
Always check the divergences on different time frames to validate the setup, and do not consider them valid on small time frames (<15 minutes).
Built for traders who want both momentum and trend context in a single tool — without clutter, repainting, or noise. I created this script to streamline my own analysis and avoid switching between multiple indicators. It's not meant to be a "signal generator" but a visual assistant for making better decisions. If you find it useful or have feedback, feel free to reach out.
Kynjal Golden LevelsKynjal Golden Levels is a dynamic grid indicator designed for traders who demand a continuously updated and visually clear set of key price levels. Unlike static support/resistance lines, this indicator recalculates and repositions its levels on every new bar, ensuring that the grid always stays near the current price—whether the markets are open or closed.
Key Features:
• Dynamic Level Calculation:
The indicator computes a base level derived from the current bar’s open price and calculates additional levels using a pip-based interval. This ensures that the entire grid adjusts in real time with price movements.
• Customizable Grid:
Users can selectively disable display of major, half, and quarter levels via simple toggle inputs. This flexibility allows you to tailor the grid to your specific trading strategy.
• Persistent Horizontal Lines:
Utilizing TradingView’s drawing functions, the indicator creates extended horizontal lines that continuously span the chart, providing constant visual reference for support and resistance.
• All Market Conditions:
Whether during live trading sessions or when the market is closed, Kynjal Golden Levels remains visible, offering a robust tool for end-of-day analysis or weekend planning.
Step-Based Trailing Stop-Loss IndicatorThis indicator is built for momentum traders who want to maximize winning trades and minimize losses through a smart, step-based trailing stop-loss system. Instead of using a fixed Take Profit, this tool dynamically protects profits once the trade reaches a favorable RR (Risk-to-Reward) level.
How It Works:
Manual Entry Input
You enter your Entry Price and select Buy/Sell in the settings.
This flexibility allows backtesting or live trade tracking.
Initial Setup
Default SL: 50 ticks(Tested on us30,but works on any pair you just need to adjust SL)
TP for reference: 4R — can be used for benchmarking, but we don't limit profits with a hard TP.
Trailing Logic
Once price reaches 3R in profit:
The SL begins trailing.
It starts at 2R, keeping a 1R cushion behind the max profit.
For every 0.5R gain, SL also moves up by 0.5R:
Example: At 3.5R → SL is at 2.5R
At 5.0R → SL is at 4.0R
This trailing continues until the SL is hit or the trend exhausts.
Chart Features
🟧 Entry Line
🔴 Initial SL
🟢 Reference TP (4R, optional)
🟣 Dynamic Trailing SL
🏷️ Labels for Entry & SL levels
Exhaustion Indicator [Uncle Sam Trading]Overview
Introducing the Exhaustion Market Indicator by Uncle Sam Trading – a unique, original tool designed to help traders identify potential market exhaustion points and subsequent reversions. This indicator leverages a proprietary calculation that analyzes price action relative to underlying volume dynamics to pinpoint moments where the market may be overextended and poised for a potential shift.
Core Calculation & Concept
At its heart, this indicator calculates a dynamic, volume-influenced baseline representing a 'center of gravity' or equilibrium point for recent market activity. Unlike standard oscillators or moving averages, our original calculation method provides a distinct perspective on market balance.
The indicator then establishes unique price thresholds around this baseline. These aren't simple standard deviations; they are dynamically calculated based on a user-defined sensitivity percentage relative to the core baseline. When the price moves significantly beyond these thresholds, it suggests the market might be entering a state of exhaustion.
The primary signals ("B" for potential Buy, "S" for potential Sell) are generated when the price action indicates a reversion from these exhaustion levels back towards the calculated baseline, potentially signaling a turning point.
How It Aids Trading Decisions
Identifying Potential Exhaustion: The visual cues (subtle circles above/below price) highlight when the market is trading beyond the calculated thresholds, alerting traders to potentially unsustainable price extensions.
Pinpointing Reversal Signals: The "B" and "S" labels appear when the price crosses back from an exhaustion zone towards the baseline, offering potential entry signals for mean-reversion strategies.
Dynamic Target Reference: The indicator projects a dynamic target level (re-evaluated on each bar close based on the baseline calculation). This level serves as a potential reference point for where the price might gravitate following a signal.
Confirmation: A "Target Hit!" label visually confirms when the price reaches this dynamic target level after a signal, aiding in trade assessment.
Performance Insight: An optional statistics table provides a historical perspective on the percentage of signals that subsequently reached their dynamic target profitably (relative to the signal bar's open). Note: This calculation considers multiple previous signals.
Key Features
Original Baseline Calculation: Proprietary volume-weighted central value computation.
Dynamic Exhaustion Thresholds: User-defined sensitivity for identifying potential overextension.
Clear Reversion Signals: "B" and "S" labels mark potential turning points.
Bar-Close Updated Target Level: A dynamic reference point for potential price reversion.
Visual Exhaustion Zones: Subtle markers indicate when price is beyond thresholds.
Target Hit Confirmation & Statistics: Visual and quantitative feedback on target achievement.
Customizable Alerts: Set alerts for Buy/Sell signals, Target Hits, and initial entries into Exhaustion Zones.
Important Considerations
This indicator is designed as a decision-support tool, not a standalone trading system. Market conditions can change rapidly, and no indicator can predict the future with certainty.
Always use this indicator in conjunction with other forms of analysis (e.g., market structure, trend analysis, other confirmation indicators).
Implement robust risk management strategies for all trades.
The historical statistics presented are based on past data and calculation logic; they do not guarantee future performance.
We believe the unique approach of the Exhaustion Market Indicator offers a valuable perspective for traders seeking to identify potential market turning points based on exhaustion and reversion principles.
Large Buy/Sell DetectorLarge Buy/Sell Detector
Overview
The Large Buy/Sell Detector is an indicator that uncovers significant buying and selling activity in the markets. Designed to spot unusually large volume spikes, it highlights potential opportunities with customizable filters and visual cues. While not a magic solution, this tool can be a valuable assistant for traders seeking to identify key market moves.
Key Features
- Detects large volume spikes over a user-defined lookback period.
- Displays buy/sell signals with colored dots and optional volume labels.
- Includes filters for trend, candle size, and volume to refine signals.
- Fully customizable settings for colors, dot sizes, and more.
Settings
- *Lookback Period (days):* Set the analysis window (default: 7).
- *Volume Threshold Multiplier:* Adjust sensitivity to volume spikes (default: 2.0).
- *Min Transparency:* Control dot visibility (default: 20).
- *Min Candle Size (% of ATR):* Filter by candle size (default: 0.5).
- *Min Volume in $:* Set a volume threshold in dollars (default: 100,000).
- *Buy/Sell Dot Color:* Choose colors for signals (default: green/red).
- *Dot Size:* Select dot size (default: tiny).
- *Show Volume Labels:* Toggle volume labels (default: enabled).
- *Trend MA Period:* Filter signals by trend (default: 50).
- *Show Large Sell:* Enable sell signals (default: enabled).
Usage
Add the indicator to your chart and tweak the settings to match your trading style. Use it to spot potential large buy/sell activity, but always combine it with your own analysis—this is a helpful tool, not a guaranteed predictor.
Consecutive Small CandlesThis script identifies relatively "small" candles based on their being smaller than a maximum size you set based on the instrument and your own criteria. Default is 5, as I use this indicator largely on CL which rarely has candles smaller than 3 ticks but frequently greater than 5.
It identifies 2 or more consecutive candles to help identify patterns similar to Bob Volman's Double Doji Break methodolgy. Written by Grok 3.
H4 Cross + LTF Candle Alignment (Short Lines)H4 Cross + LTF Candle Alignment (Short Lines)
This indicator identifies potential trade opportunities by combining two key conditions:
The current H4 candle crosses above or below the previous H4 candle's high or low.
On a lower timeframe (like 5 minutes), the price shows two consecutive candles moving in the same direction (bullish for long, bearish for short).
Once these conditions align, a short entry line is drawn on the chart and an alert is triggered, providing an early signal for potential price movements. Perfect for traders looking to capture trend continuation with a clear visual marker and timely alerts.
