Indikatoren und Strategien
GeniusInvest Engulfing CandlesThe Engulfing Candles Indicator is a precision price-action tool designed to highlight true bullish and bearish engulfing patterns directly on the chart — without clutter, repainting, or lag.
This indicator automatically detects engulfing candles based on strict candle-body logic, making it ideal for traders who rely on raw price action, market structure, and clean confirmations.
• Bullish Engulfing Candles
• Current bullish candle fully engulfs the body of the previous bearish candle
• Indicates potential upside momentum or reversal
• Bearish Engulfing Candles
• Current bearish candle fully engulfs the body of the previous bullish candle
• Indicates potential downside momentum or reversal
This indicator does not guarantee profits and should not be used as a standalone trading system.
Always use proper risk management, stop losses, and confluence with market structure.
Breakout + Reset - jorgechutofxBreakout + Reset is a technical indicator that identifies valid support and resistance breakouts based on real market structure.
After a confirmed breakout, it automatically detects resets (healthy pullbacks), marking them only when price respects the broken level and shows continuation, avoiding false signals and repaint.
Designed for intraday, swing, and scalping trading, it provides a clean market view and precise execution on trend continuations.
cephxs + fadi / Previous Time Based Dealing RangesPREVIOUS TIME BASED DEALING RANGES
Visualize previous and current higher timeframe dealing ranges with dual-box OHLC representation, extending reference lines, and HTF candle displays.
Open Source Fork of @fadizeidan 's HTF Candles Indicator
OVERVIEW
This indicator displays time-based dealing ranges from higher timeframes directly on your chart. It shows the complete price action structure of previous (or current/forming) periods using a dual-box system: one box for the full High-Low range and another for the Open-Close body. Reference lines extend from key levels to help identify potential support, resistance, and mean reversion zones.
Perfect for traders who use ICT concepts, market structure analysis, or any methodology that relies on understanding where price has been relative to previous dealing ranges.
KEY FEATURES
Dual-Box Range Visualization: Each range displays two boxes - the full H-L range (outer) and the O-C body (inner) - giving immediate visual context of candle structure
Multiple Timeframes: Support for 90m, 4H, 6H, 1D, 1W, 1M, and 3M ranges
Previous/Current Mode: View completed ranges (Previous) or the forming range (Current) with real-time updates
Auto Mode: Automatically selects the appropriate range based on your chart timeframe
Reference Lines: Extending lines from High, Mid, Low (or Quadrants: H/75/M/25/L) with trade-into detection
HTF Candle Display: Visual HTF candles positioned to the right of price for context
6H Session Support: Session-aware ranges for Asia, London, NY AM, and NY PM with labeled names
Open Line: Vertical line marking the range's opening price/time
Imbalance Detection: Fair Value Gaps and Volume Imbalances highlighted on HTF candles
MODE OPTIONS
Previous/Current: Previous shows the last completed range. Current shows the forming range with dynamic H/L/C updates
Auto/Manual: Auto selects range by chart TF. Manual lets you choose specific ranges
Extend Box (Current): In Current mode, extends the box's right edge as price develops
AUTO MODE TIMEFRAME LOGIC
Auto mode now selects up to 3 ranges automatically based on chart timeframe, providing multi-timeframe context:
Chart ≤ 3m → 90m + 6H + 1D
Chart 4m-14m → 6H + 1D + 1W
Chart 15m-59m → 1D + 1W (+ 1M available)
Chart 1H-3H → 1D + 1W + 1M
Chart 4H-23H → 1W + 1M + 3M
Chart ≥ 1D → 1M + 3M
INPUTS
Mode
Mode: Previous/Current - Choose completed or forming range
Auto/Manual: Auto selects range by chart TF, Manual lets you choose
Extend Box (Current): Extends box right edge with price (Current mode only)
Show Range Boxes: Toggle box visibility (lines remain visible when off)
Filter Lines by Distance: When boxes are hidden, hide reference lines that are too far from current price (Really Close / Balanced / Slightly Far)
Previous Ranges
Range 1: Enable/disable, select timeframe (90m/4H/6H/1D/1W/1M/3M), max display count (1-2)
Range 2: Second range layer for multi-timeframe analysis
Range 3: Third range layer for additional context
Reference Lines
Line Mode: Levels (H/M/L) or Quadrants (H/75/M/25/L)
Line Style: Solid, dashed, or dotted
Line Thickness: 1-4 pixels
Show Labels: Toggle reference line labels
Label Offset: Distance of labels from current price (1-20 bars)
HTF Candle Levels: Show mini H/M/L lines on HTF candles
Open Line: Vertical line at range open with customizable style
Range Boxes & Colors
Per-Range Colors: Customize box and line colors for each timeframe (90m, 4H, 6H, 1D, 1W, 1M, 3M)
HTF Candle Styling
Show HTF Candles: Toggle HTF candle display
Body/Border/Wick Colors: Customize bull and bear candle appearance
Padding/Buffer/Width: Control candle spacing and size
Labels
HTF Label: Show timeframe label above/below candles
Remaining Time: Countdown timer to candle close
Label Position: Top, Bottom, or Both
Label Alignment: Align across timeframes or follow individual candles
Imbalance
Fair Value Gap: Highlight FVGs on HTF candles
Volume Imbalance: Highlight VIs on HTF candles
HOW TO USE
Add the indicator to your chart
Choose Previous or Current mode based on your analysis preference
Use Auto mode for intelligent range selection, or Manual to select specific timeframes
Reference lines extend from range levels - watch for price reactions at H/M/L
In Current mode, observe how the range develops with real-time updates
Use the HTF candles on the right for quick multi-timeframe context
REFERENCE LINE LABELS
Labels follow this format:
Previous mode: pD-H (previous Daily High), pW-M (previous Weekly Mid), p6H-London-L (previous 6H London Low)
Current mode: D-H (Daily High), W-M (Weekly Mid), 6H-Asia-L (6H Asia Low)
6H SESSION NAMES
Asia: 18:00-00:00 ET
London: 00:00-06:00 ET
NYAM: 06:00-12:00 ET
NYPM: 12:00-18:00 ET
RECOMMENDED TIMEFRAMES
Tick/Second charts: 90m ranges
1-5 minute charts: 6H or 1D ranges
15-60 minute charts: 1D or 1W ranges
4H charts: 1W or 1M ranges
Daily charts: 1M or 3M ranges
Or simply use Auto mode to let the indicator choose the optimal range.
TIPS
The Mid (M) level often acts as equilibrium - watch for mean reversion plays
High and Low levels are natural support/resistance zones
In Current mode, watch how price interacts with the forming range boundaries
Combine with your existing analysis for confluence
The Open Line helps identify the "true open" of each range for gap analysis
DISCLAIMER
This indicator is for educational and informational purposes only.
Past performance does not guarantee future results.
Always use proper risk management and never risk more than you can afford to lose.
Trading involves substantial risk of loss and is not suitable for all investors.
CREDITS
Original indicator by @fadizeidan.
Enhanced by cephxs/fstarcapital
CHANGELOG
Pro + v1.1: Reupload + Added 90m ranges for ultra-low timeframe analysis, distance-based line filtering (lines-only mode), third range slot.
Open sourced so users can add more slots.
Enjoy 🤙
ICT NWOG/NDOG (Bandz)ICT NWOG/NDOG (Bandz) Description
This indicator draws New Week Open Gaps (NWOG) and New Day Open Gaps in ETH (NDOG ETH see) as clean “gap boxes” made from 3 lines:
Top line (gap high)
Bottom line (gap low)
C.E. line (the midpoint, 50% of the gap)
Each gap can also have a filled background, and an optional label that shows the gap type and the date.
What it plots
NWOG
Creates a new NWOG when the market transitions into Sunday
Tracks the gap between the prior close and the new open
Keeps multiple weeks on the chart (you choose the max count)
NDOG ETH
Creates a new NDOG at the start of each new trading day (ETH)
Only draws when there is actually a gap (open != prior close)
Keeps multiple days on the chart (you choose the max count)
Main upgrades in this Bandz version
1) Extension buffer that works on every timeframe
A “buffer bars” setting extends the gap lines and labels past the current candle
It is timeframe-aware, so it stays consistent on 1m, 5m, 15m, 1h, etc.
No more weird short extensions when you change timeframes
2) Cleaner redraw behavior
Gaps update smoothly as new candles print
Current gap vs older gaps can use different colors so you instantly see what matters
3) Smarter “Extend Gaps” options
You can pick how many gaps show at once:
Always: show all stored gaps
Above and below only: only show the closest gap above price and below price
Any that is near current price: only show gaps near price using an ATR-based distance filter
4) Optional Event Horizon
If enabled, it draws a line between the closest gap above and below price (when valid)
Helps visualize the “middle area” between nearby gaps
Customization
For both NWOG and NDOG you can control:
Line color (current vs older)
Line style (solid, dashed, dotted)
Line width
C.E. (midpoint) style and width
Background fill on/off + transparency
Labels on/off + label size, text color, background color
Maximum number of gaps stored on chart
Notes
Built for intraday charts
Uses a consistent time-based extension so visuals don’t break when you switch chart timeframes
Designed to stay clean, readable, and not clutter the chart
ICT Killzones (Bandz)ICT Killzones (Bandz) — Description
This indicator draws ICT-style killzones and key intraday levels to keep your chart clean and consistent.
What it shows
Killzone boxes for:
Asia
London
Pre-Market
NY Opening Range
NY Lunch
Each box tracks the session high/low while the session is active.
Killzone pivots
Session High / Low pivot lines
Optional midpoint line
Optional pivot labels (with optional price display)
Option to stop midpoints once price trades through them
Day / Week / Month levels
Previous Day High / Low
Previous Week High / Low
Previous Month High / Low
Optional Day / Week / Month Open lines
EQ (Equilibrium) levels
These are the 50% levels between the previous high and low:
Daily EQ
Weekly EQ
Monthly EQ
Yearly Open
Draws the Yearly Open level automatically when a new year starts.
Cleaner chart (Label Merge)
To reduce clutter on the right side of the chart:
Automatically combines labels when multiple levels are close together
Designed for D/W/M highs/lows, opens, EQ levels, and opening price lines
Keeps the merged label on the rightmost label spot so it stays aligned
Uses a stable base price so merged labels don’t drift over time
Notes
Works best on intraday charts.
Uses a timeframe limit, so drawings won’t show above your selected limit.
Includes a right buffer setting to push labels/line ends to the right for readability.
Volume-Based Moving AverageTitle:
Volume-Based Moving Average
Description:
The Volume-Based Moving Average is a versatile tool that calculates price averages based on cumulative traded volume, highlighting the price levels where significant market participation has occurred. By combining volume-weighted averages with slope confirmation, it helps traders detect trending conditions and potential reversals in real time.
Key Features:
• Volume- Based Average: Computes moving averages based on a volume-period lookback.
• Multi-Source Flexibility: Supports different price inputs, including Close, HL2, HLC3, OHLC4, or High & Low, giving traders control over calculation style.
• Slope Confirmation: Detects sustained upward or downward trends by confirming slope direction over multiple bars, reducing noise from short-term fluctuations.
• Dynamic Coloring: Average lines change color based on trend direction, providing instant visual cues for bullish or bearish momentum.
Inputs & Settings:
• Target Volume for cumulative calculation
• Price Source options (Close, HL2, HLC3, OHLC4, High & Low)
• Slope Confirmation Bars to determine sustained trend direction
• Color customization based on trend slope
Usage:
This indicator helps traders:
• Identify key price levels supported by high trading volume
• Spot emerging bullish or bearish trends based on slope confirmation
• Filter out short-term noise in fast-moving markets
• Enhance trend-following or volume-based trading strategies
Technical Notes:
• Designed for standard OHLC charts; non-standard chart types may produce inconsistent results.
• Past signals do not guarantee future market behavior; always combine with proper risk management.
• Experiment with volume calibration before using in live trades.
Core Of My Desire {xqweasdzxcv}
Creator's Notes
Developer: xqweasdzxcv or x²
Current Version: 2.8.3.4
Telegram: t.me
For access requests:
If anyone wants access to this indicator, then DM me
Core Of My Desire - Trading Indicator Documentation
Overview
Core Of My Desire is a comprehensive trading indicator system engineered for advanced technical analysis across all markets and timeframes, with no dependency on a single asset class, trading style, or market condition. Developed by xqweasdzxcv (x²), the indicator is designed as a unified analytical framework rather than a collection of disconnected tools. It combines multiple analytical methodologies into a single, coherent system, allowing traders to evaluate price action through structure, trend, volume, momentum, and contextual market behavior simultaneously.
The system integrates market structure analysis to identify continuation and reversal phases, trend logic to establish directional bias, volume-based sentiment to validate participation, and momentum dynamics to detect acceleration or exhaustion. Supply and demand principles are incorporated to highlight areas of historical imbalance and potential reaction, while adaptive signal generation adjusts responsiveness based on changing market conditions rather than static rules. Sensitivity-based logic allows the indicator to scale between faster, more reactive behavior and slower, confirmation-driven behavior, depending on user calibration.
Risk management is not treated as an external concept but is embedded directly into the indicator’s design. Dynamic support and resistance references, projected take-profit structures, re-entry logic, and exhaustion detection are provided to assist with trade planning, position management, and exit decision-making. Signals are designed to function as informational guidance within a broader discretionary process, emphasizing confluence and context over isolated triggers.
Core Of My Desire is intended for disciplined traders who understand that no indicator can predict the market. Its purpose is to organize complex market information into a readable, adaptive framework that supports structured analysis, informed execution, and consistent decision-making across varying market environments.
Core Philosophy
This indicator provides confluence from multiple analytical perspectives, creating a comprehensive framework for market analysis that goes beyond single-dimensional approaches. By synthesizing various technical methodologies into a unified system, it enables traders to identify high-probability setups where multiple analytical paradigms align.
The fundamental principle underlying this multi-perspective approach is that when different analytical methods—each operating on distinct mathematical foundations and timeframe sensitivities—simultaneously signal the same directional bias, the probability of a successful trade increases substantially. This convergence of independent analytical streams creates what we call "confluence zones," areas where the market structure suggests a higher degree of consensus across multiple analytical dimensions.
Rather than relying on a single indicator family or methodology, this system integrates momentum analysis, trend identification, volatility assessment, and price action structure. Each component contributes unique insights: momentum oscillators reveal the strength and sustainability of price movements, trend filters identify the dominant directional bias across multiple timeframes, volatility metrics help gauge market conditions and position sizing requirements, and structural analysis pinpoints key support and resistance zones where price is likely to react.
The synergy between these elements creates a robust analytical framework that adapts to changing market conditions. In trending markets, the trend components provide directional guidance while momentum indicators time entries and exits. During ranging conditions, mean-reversion signals from oscillators take precedence while structural levels define boundaries. Volatility analysis continuously informs risk management parameters, ensuring that position sizing and stop placement remain appropriate for current market dynamics.
This holistic approach reduces false signals that often plague single-indicator systems, as a trade setup requires validation from multiple independent sources before execution. The result is a more selective but higher-quality signal generation process that aligns with professional trading principles of patience, discipline, and risk management.
This indicator provides confluence from multiple analytical perspectives:
• Market structure defines context
• Trend determines directional bias
• Volume confirms participation
• Momentum identifies continuation or exhaustion
• Supply and demand highlight reaction zones
• Risk management governs execution
No single component is intended to be used in isolation.
Key Features
Adaptive Signal Generation
• Primary Buy and Sell signals with adjustable sensitivity
• Optional Trend Cloud filter for directional confirmation
• Configurable confirmation latency
• Strength-based labeling for signal quality
Market Structure Analysis
• Swing and Internal structure tracking
• Dynamic and Manual analysis modes
• BOS, CHoCH, and CHoCH+ detection
• Equal Highs and Lows identification
• Structural labeling (HH, HL, LH, LL)
Multi-Timeframe Dashboard
• Volume sentiment across 8 timeframes (1m to Daily)
• Market state detection (Trending or Ranging)
• Volatility awareness
• Active position tracking
• Trading session identification:
• Sydney
• Tokyo
• London
• New York
Supply and Demand Zones
• Preset configurations:
• Standard
• Majors
• Nearest
• Custom
• Automatic validation on price interaction
• Visual feedback based on zone strength
• Progressive fading of invalidated zones
• Automatic cleanup for chart performance
Risk Management System
• Dynamic Support and Resistance bands
• Three Take-Profit levels with configurable ratios
• Peak Profit alerts for position management
• Three-tier Re-Entry signals
• Reversal detection near key price areas
Technical Analysis Suite
• Nine moving average types
• Zero-Lag EMA
• Fibonacci retracement levels
• Fair Value Gaps (FVG)
• Multi-timeframe Support and Resistance
• Trendline breakout detection
• Structure breakout confirmation
• Divergence-based tactical signals
• Momentum fluctuation detection
Visual Customization
• Multiple candle coloring modes
• Adaptive bands with overbought and oversold markers
• Trend Cloud visualization
• Optional background coloring
• Fully customizable color themes
Signal Classification
Primary Entry Signals
• BUY and SELL labels
• Strength tiers:
• Buy
• Strong Buy
• Very Strong Buy
• Optional Trend Cloud confirmation
• Intended for core trade entries
Directional Bias Signals
• Up Trend and Down Trend indicators
• Macro trend context
• Adjustable sensitivity (0.1–20.0)
• Optional Heikin Ashi smoothing
Reversal Signals
• Three intensity levels
• Exhaustion and exit indications
• Counter-trend opportunity identification
Peak Profit Signals
• Extreme condition alerts
• Trade-aware and position-specific
• Designed to protect unrealized gains
• Frequently precede reversals
Re-Entry Signals
• Small arrow markers
• Three progressive entry levels
• Pullback-based continuation entries
• Displayed only during active trades
Structure Breakout Signals
• Triangle markers
• Body-close confirmation logic
• Adjustable lookback period (5–50)
• Used to confirm decisive breaks
Tactical Signals
• Divergence-based arrows
• Contrarian in nature
• Higher risk, higher reward profile
Fluctuation Signals
• Momentum-based arrows
• Volume or Volatility modes
• Rapid shift detection
• Best suited for scalping conditions
Settings Guide
Sensitivity
• Default: 4.5
• Range: 0.1–20.0
Behavior:
• Lower values produce faster signals with increased noise
• Higher values reduce signal frequency but improve confirmation
Adjustment guidelines:
• Excessive false signals → Increase sensitivity
• Missed opportunities → Decrease sensitivity
Trend Cloud Filter
• Multiplier: 4.3
• ATR Length: 27
• Confirmation latency: 2–20 bars (default 5)
Purpose:
• Enforces trend alignment
• Reduces counter-trend signals
• Introduces intentional confirmation delay
Supply and Demand Presets
• Standard: Balanced, suitable for most use cases
• Majors: Key levels only, ideal for higher timeframes
• Nearest: Recent price focus, optimal for scalping
• Custom: Full user-defined control
Risk Management (Take-Profit Structure)
• TP1: Fixed at 1:1
• TP2 Multiplier: 0.5 (default)
• TP3 Multiplier: 1.5 (default)
Common configurations:
• Conservative: 0.5 / 1.0
• Balanced: 1.0 / 2.0
• Aggressive: 1.5 / 3.0
Performance Notes
• High computational complexity
• Optimized for 1m–4H timeframes
• No repainting on closed candles
• Certain signals intentionally wait for confirmation
Final Thoughts
Core Of My Desire is a professional-grade analytical framework that requires understanding and practice. It's not a "magic button" - it's a sophisticated toolset for serious traders.
Your success depends on:
Proper calibration for your specific market
Understanding what each signal represents
Having a solid trading plan
Disciplined risk management
Continuous learning and adaptation
Legal Disclaimer
Educational and informational purposes only. Trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results.
You acknowledge:
You trade at your own risk
No profitability guarantees
Never risk more than you can afford to lose
Risk management is your responsibility
This is a tool, not financial advice
Bandz HTF Candles (PSP+SMT+T-Spot+CISD)Bandz HTF Candles (PSP + SMT + T-Spot + CISD)
This indicator is a Higher Timeframe (HTF) candle overlay that draws live HTF candles on your chart and integrates PSP triad mismatch, SMT divergence, T-Spot zones, CISD breaks, projection levels, and PFVGs into a single HTF framework.
It is designed for index trading, with primary intent for MNQ, while comparing relative behavior against MES and MYM.
The goal of this tool is to provide clear HTF context on a lower-timeframe chart by showing how correlated markets behave relative to one another while an HTF candle is forming.
What this indicator helps visualize
The structure and direction of the current HTF candle in real time
Where the HTF candle opened (via optional open trace line)
When MNQ, MES, and MYM are not aligned in HTF polarity (PSP)
When MNQ sweeps a prior HTF high or low while MES and/or MYM fail to confirm (SMT)
Where HTF-based T-Spot zones form and optionally extend forward
When a CISD-style break occurs and where projected expansion levels may appear
Where the first HTF FVG (PFVG) presents during a new HTF cycle
Core: HTF Candle Overlay
HTF candle rendering
Draws a row of HTF candles to the right of price (template style)
Candle bodies and wicks update in real time until the HTF candle closes
Optional vertical HTF start line
Optional HTF label and remaining-time label
HTF selection
Auto mode selects an HTF based on the current chart timeframe
Custom mode allows a fixed HTF (e.g., 1H, 4H, 1D, 1W)
Visual context inside HTF candles
Log-based midpoint guide lines
Template sweep visualization (HTF high/low raid with close back inside)
HTF Fair Value Gaps (FVG) and Volume Imbalances (VI)
FVG: imbalance between candle 1 and candle 3
VI: imbalance between candle 1 and candle 2 using body relationships
Open Trace Line
When enabled, a dotted line extends from the HTF candle open to the candle template, making the HTF open level visible without changing chart zoom.
PSP (Triad Mismatch)
Definition
PSP represents a polarity mismatch between three correlated instruments:
Chart symbol (intended for MNQ)
MES
MYM
A PSP condition occurs when the HTF candle polarity (bullish, bearish, or doji) is not aligned across the three instruments.
Detection logic
Polarity is determined by HTF open vs HTF close
If MNQ polarity differs from MES or MYM, the candle may qualify as PSP
Optional Turtle Soup filter
When enabled, PSP is only highlighted if MNQ also performs a prior-HTF high or low raid, helping reduce noise and focus on sweep-based context.
Display
PSP is displayed by tinting the HTF candle body:
Bullish PSP color
Bearish PSP color
Doji PSP color
Opacity is user-controlled.
SMT (HTF Divergence)
Definition
SMT (Smart Money Technique) divergence is identified when MNQ sweeps a prior HTF high or low while MES and/or MYM fail to confirm the same move.
Bearish SMT (took high)
MNQ takes a prior HTF swing high
MES and/or MYM do not take their corresponding high
Bullish SMT (took low)
MNQ takes a prior HTF swing low
MES and/or MYM do not take their corresponding low
Controls
Users can adjust SMT strictness using:
HTF lookback length
Minimum sweep distance (ticks)
Reference-level deduplication
Optional close-back-inside requirement
Optional requirement for both MES and MYM divergence
Optional persistence of SMTs
Display
A line connects the reference HTF level to the sweep level
Labels indicate which market diverged: MES, MYM, or MES/MYM
Labels are auto-positioned away from price for clarity
T-Spot Boxes
Definition
T-Spot is an HTF box system designed to highlight specific sweep, close, and midpoint-based HTF behaviors.
Features
Detects bullish and bearish T-Spot patterns
Optional directional bias filter (Bullish, Bearish, or Both)
Optional extension of the most recent box to the current bar
Optional “latest only” mode to reduce chart clutter
Display
T-Spots are drawn as translucent boxes:
Bullish T-Spot color
Bearish T-Spot color
CISD + Projections
CISD detection
When applicable (within the script logic), CISD-style breaks are detected using short candle sequences.
Detection can optionally use candle bodies instead of wicks.
Projection levels
When enabled, projected expansion levels are drawn from the CISD range.
Common projection ratios such as 0.5, 1.0, 1.5, and 2.0 can be configured and optionally extended forward.
PFVG (First Presented FVG)
PFVG highlights the first HTF Fair Value Gap that forms during a new HTF candle cycle.
Options include:
Showing or hiding PFVGs
Limiting the number of displayed PFVGs
Showing all or only the most recent PFVG
Extending the most recent PFVG until the HTF window ends
Best use
Recommended symbol: MNQ (with MES and MYM comparisons)
Recommended setup: Lower-timeframe chart with a higher HTF selected
Designed as a context and structure tool, not a signal generator
To reduce visual clutter:
Disable VI or FVG if not needed
Hide HTF sweep lines
Enable “show only latest T-Spot”
Reduce max display counts
Notes and disclaimers
This is a visual and structural analysis tool, not an automated trading strategy.
HTF candles, PSP, SMT, and related visuals may update while the HTF candle is still forming and finalize only after HTF close.
Always validate observations using your own execution model, session context, and risk management.
Credits and originality
This script builds upon prior higher-timeframe candle visualization concepts originally explored by Fadi (HTF candles), TradrKeo (GxT profiling concepts), and Cephxs.
The implementation here is original and significantly expanded. It integrates real-time HTF candle construction with multi-symbol SMT divergence, PSP triad mismatch, T-Spot logic, CISD break detection with projections, and PFVG identification into a single, unified framework. The logic, integration, and behavior of these components are custom and purpose-built for this script.
HAP Bands + EMA Regime 📘 Indicator Description (English)
This indicator is designed as a visual market regime and balance tool, not as a direct buy/sell signal system.
Its main purpose is to help traders understand market conditions, trend quality, and price stability before taking trades.
🔹 Green Band = Hope & Balance
When the HAP RSI-based price bands turn green, it indicates a constructive market environment:
There is hope for upward price movement
Price action begins to normalize and stabilize
Volatility is absorbed instead of expanding
The market is transitioning from imbalance to equilibrium
A green band does not mean “buy immediately”,
it means the market is entering a healthier and more tradable state.
🔹 EMA 100 as a Balance Filter
The color of the bands and background depends on the EMA 100 position:
EMA 100 inside the HAP bands
→ Market is considered balanced
→ Background turns light green
→ Trend-following and pullback trades become more reliable
EMA 100 outside the bands
→ Market is unbalanced or overstretched
→ Bands turn neutral
→ Higher risk of instability and corrective moves
This helps filter out low-quality trades during unstable conditions.
🔹 Band Direction Matters
Band direction provides additional context:
Downward-sloping bands
→ Market is under pressure
→ No aggressive trading
→ Observation and caution only
Flat or upward-sloping bands + green background
→ Price has settled into balance
→ Trend structure is healthier
→ Trading decisions can be made with more confidence
🔹 How This Indicator Should Be Used
This is a visual decision-support tool
It does not repaint
It does not predict
It helps traders align with:
Market balance
Momentum stability
Trend quality
Best used together with:
Price action
Support & resistance
Personal risk management rules
⚠️ Disclaimer
This indicator is not financial advice.
All trading decisions should be made by the user.
Always combine this tool with proper risk management
CS Squeeze Velocity Indicator Name: CS Squeeze Velocity (Clean Style)
Summary: CS Squeeze Velocity is a tactical volatility tool based on the BBWP (Bollinger Band Width Percentile) algorithm. Its primary goal is to identify periods of price "compression" (Squeeze) where the market is building up energy, and visually signal the exact moment of "expansion" or price explosion.
Unlike other Squeeze indicators that use complex histograms, this "Clean Style" version condenses all necessary information into a single master line that changes color according to the market phase.
Key Features:
1. Percentile Technology (BBWP): It does not measure absolute volatility, but relative volatility. It compares the current width of the Bollinger Bands against the last 100 periods.
0% - 20%: Price is unusually quiet (Squeeze).
100%: Price is at its historical maximum volatility.
2. 3-Phase Color Logic: The line instantly communicates the asset's status:
⚪ Gray (Dead Zone): Extreme low volatility (<20%). Do not trade. The market is sleeping or accumulating.
🟢/🔴 Green/Maroon (Expansion): The Squeeze has broken, and volatility is increasing. This is the healthy trend zone.
🔋/🔥 Neon Lime/Hot Red (Extreme Zone): Volatility has exceeded 80%. The movement is euphoric or panic-driven. Caution is advised due to potential exhaustion.
3. Momentum Fusion: Although it is a volatility indicator, the line is colored Green (Bullish) or Red (Bearish) based on a Linear Regression of the price, allowing you to see the direction of the explosion without looking at the candles.
4. Breakout Signal (Trigger): A small circle appears on the line exactly when volatility crosses the level 20 threshold upwards. This is the "Trigger" signal: the Squeeze is over, and the movement has begun.
How to Trade with CS Squeeze Velocity:
Phase 1: The Stalk (Gray) When the line is gray and in the lower zone (shaded background), wait. Do not enter yet. The market is charging energy.
Phase 2: The Trigger (Circle) As soon as the circle appears and the line changes color (to Green or Red), this is your entry signal. Volatility is entering the market.
Phase 3: Management (Neon) If the line reaches the 80 level (dashed line) and turns bright Neon, hold the trade but tighten your Stop-Losses. Volatility is extreme, and the move could be nearing its climax.
Synergy with CS Nexus Oscillator:
This indicator shines when used alongside the CS Nexus:
Check CS Squeeze Velocity: Is there a trigger circle emerging from the gray color? (There is an explosion).
Check CS Nexus: Is there a "BUY+" tag? (The explosion has confirmed direction and strength).
Result: A super high-probability entry.
CS Nexus Oscillator [ADX + Divs]Indicator Name: CS Nexus Oscillator
Summary: The CS Nexus Oscillator is a high-precision trading tool designed to filter out market noise and detect momentum opportunities with institutional confirmation. Unlike a traditional stochastic that generates many false signals, the CS Nexus utilizes a "Step Moving Average" (Step MA) algorithm to smooth out price action before generating any signal.
This indicator doesn't just tell you when to enter; it evaluates the quality of the signal by analyzing the underlying trend strength via ADX.
Key Features:
1. Step-MA Technology (Noise Filtering): The oscillator does not react to every single price tick. It only moves when volatility exceeds a specific threshold (Sensitivity). This creates an angled line ("steps") that eliminates false signals in sideways markets and highlights real trends.
2. 'Nexus' Intelligence Engine (ADX Filter): The indicator automatically distinguishes between two types of market environments:
"BUY+" / "SELL+" Signals (Large Tags): These occur when there is a Level 50 cross AND the ADX (Average Directional Index) indicates trend strength (>20). These are high-probability entries.
"chop" Signals (Small Triangles): These occur when there is a cross, but the ADX is low. This alerts the trader that the market is ranging, and caution is advised.
3. Dynamic 4-Zone Visualization: The main line changes color to instantly indicate the market phase:
🟢 Intense Green: Extreme Bullish Zone (> 80).
🟢 Light Green: Bullish Trend (50 - 80).
🔴 Light Red: Bearish Trend (20 - 50).
🔴 Intense Red: Extreme Bearish Zone (< 20).
4. Divergence Detector: Automatically identifies discrepancies between price and the oscillator (yellow and orange diamonds), signaling potential trend reversals before they happen.
5. Optional Trend Filter (EMA 200): Includes an option to only allow trades in the direction of the main trend (Buys only above EMA 200, Sells only below).
How to Trade with CS Nexus:
Continuation Strategy (Nexus Signal): Look for "BUY+" or "SELL+" tags. These appear when price crosses level 50 with confirmed strength. These are ideal for capturing the main body of a trend movement.
Reversal Strategy: If price is in an extreme zone (Intense Red or Green) and a Diamond (Divergence) appears, prepare for a potential trend change.
Risk Management: Avoid trading or reduce position size when you see the small "chop" signals, as they indicate a lack of directional volume or a ranging market.
Recommended Settings:
Timeframes: Works on all, but extremely effective on 15m, 1H, and 4H.
Assets: Cryptocurrencies, Forex, and Indices (where volatility is key).
SMC Liquidity Engine Pro SMC Liquidity Engine Pro - Complete Trading Guide & Documentation
📊 Introduction: Understanding Smart Money Concepts
The SMC Liquidity Engine Pro is a comprehensive, institutional-grade trading indicator that brings professional Smart Money Concepts (SMC) methodology directly to your TradingView charts. This isn't just another technical indicator—it's a complete framework for understanding how institutional traders, market makers, banks, and hedge funds manipulate and move the markets.
What Makes This Different?
While most retail traders rely on lagging indicators like moving averages or RSI, this indicator reveals the real-time footprints of institutional activity. It shows you:
Where large players are accumulating or distributing positions
How they engineer liquidity to trigger retail stop losses
When they're shifting from one directional bias to another
Where price inefficiencies exist that institutions will likely revisit
The markets don't move randomly—they move based on liquidity. Understanding this fundamental truth is what separates consistently profitable traders from those who struggle. This indicator decodes that liquidity-driven behavior and presents it in clear, actionable visual signals.
The Philosophy Behind Smart Money Concepts
Smart Money Concepts is built on several core principles:
1. Liquidity is King: Price doesn't move because of patterns or indicators—it moves to collect liquidity (stop losses and pending orders). Institutions need massive liquidity to fill their large positions, so they engineer price movements to create that liquidity before making their real directional move.
2. Market Structure Reveals Intent: The way price forms highs and lows tells a story about who's in control. When structure breaks, it signals a shift in institutional positioning.
3. Inefficiencies Get Filled: When price moves too quickly in one direction, it leaves behind "fair value gaps"—areas of imbalance. Institutions frequently return to these areas to fill orders and restore balance.
4. Manipulation Precedes True Moves: The most explosive directional moves are often preceded by liquidity sweeps in the opposite direction—trapping retail traders before the real move begins.
This indicator automates the identification of all these concepts, allowing you to trade alongside the smart money rather than being their exit liquidity.
🎯 Core Features - Deep Dive
1. Market Structure Detection & Visualization
What It Is: Market structure forms the foundation of all Smart Money analysis. This indicator automatically identifies and tracks swing highs and swing lows using a sophisticated pivot detection algorithm. These aren't just any price points—they represent areas where the market showed a significant shift in supply and demand dynamics.
How It Works: The indicator uses a customizable lookback period to identify valid swing points. A swing high must have lower highs on both sides within the lookback period, and a swing low must have higher lows on both sides. This ensures that only significant structural points are marked, filtering out minor noise and consolidation.
Visual Presentation:
Bullish Structure (Cyan Lines): Horizontal lines extending from each identified swing high, showing resistance levels that price previously respected
Bearish Structure (Red Lines): Horizontal lines extending from each identified swing low, showing support levels where buying pressure emerged
Trading Application: These structure levels serve multiple purposes:
Target Zones: Previous highs become targets in uptrends; previous lows become targets in downtrends
Invalidation Levels: If expecting a bullish move, breaking below the last swing low invalidates the setup
Context for Other Signals: All BOS, CHOCH, and liquidity sweep signals gain meaning from their relationship to structure
Multi-Timeframe Anchors: Higher timeframe structure provides context for lower timeframe entries
Advanced Tip: When multiple timeframe structures align (e.g., a daily swing low coincides with a 4-hour swing low), these levels carry significantly more weight and are more likely to be defended or, when broken, lead to explosive moves.
2. Break of Structure (BOS) - Trend Confirmation
What It Is: A Break of Structure occurs when price definitively closes beyond a previous swing high (bullish BOS) or swing low (bearish BOS). This signals that the current trend maintains its momentum and is likely to continue in the same direction.
The Institutional Perspective: When institutions want to continue pushing price in a direction, they need to break through previous resistance or support. A clean BOS indicates that:
There's sufficient institutional buying/selling to overcome the supply/demand at previous structure
The trend has enough momentum to attract more participants
Stop losses above/below structure have been triggered, providing liquidity for continuation
Signal Characteristics:
Bullish BOS Label: Appears below the bar that closes above the previous swing high
Bearish BOS Label: Appears above the bar that closes below the previous swing low
Confirmation: Requires a full candle close, preventing false signals from wicks
Trading Strategies:
Trend Continuation Entries: After a BOS, wait for a pullback to a Fair Value Gap or minor structure, then enter in the direction of the break
Breakout Trading: Enter immediately on BOS confirmation with a stop below the broken structure
Momentum Confirmation: Use BOS to confirm that your existing position is aligned with institutional flow
Scaling Strategy: Add to positions on each successive BOS in trending markets
What to Watch For:
Volume: Strong BOS movements should be accompanied by above-average volume
Speed: Rapid price movement through structure suggests institutional urgency
Follow-Through: The best BOS signals see price continue strongly without immediately reversing
Higher Timeframe Alignment: BOS on higher timeframes (4H, Daily) carry more weight than lower timeframe breaks
Common Pitfalls:
Not all structure breaks are equal—BOS during ranging markets are less reliable
A BOS immediately followed by a reversal back into the range may indicate a failed breakout
During major news events, structure can be broken temporarily without institutional intent
3. Liquidity Sweep Detection - Spotting Manipulation
What It Is: Liquidity sweeps (also called "stop hunts" or "liquidity grabs") occur when price temporarily breaks beyond a key level to trigger stop losses and pending orders, then immediately reverses back. This is one of the most important concepts in SMC trading because it reveals intentional manipulation.
Why Institutions Do This: Large institutional orders can't be filled at a single price point—they need massive liquidity. The biggest pools of liquidity sit just beyond obvious highs and lows where retail traders place their stops. By briefly pushing price into these zones, institutions:
Trigger retail stop losses (creating market orders)
Activate pending buy/sell orders
Fill their large positions at favorable prices
Trap late breakout traders before reversing
Detection Methodology: The indicator identifies sweeps using multiple criteria:
Price must penetrate beyond the structural high/low (creating the sweep)
The candle must close back on the opposite side of the structure (confirming rejection)
The sweep distance is measured against ATR to distinguish manipulation from normal volatility
The sweep multiplier setting allows you to adjust sensitivity based on market conditions
Visual Indicators:
Orange Down Arrows: Mark liquidity sweeps above structural highs
Lime Up Arrows: Mark liquidity sweeps below structural lows
Liquidity Zone Boxes: Semi-transparent colored boxes highlight the exact range of the swept area
Persistent Display: Zones remain visible for several bars to maintain context
Trading Applications:
Reversal Trading: Liquidity sweeps often mark excellent reversal points. After a sweep:
Wait for the sweep to complete (candle closes back inside structure)
Look for a Change of Character signal for confirmation
Enter in the direction opposite to the sweep
Place stops beyond the sweep high/low
Target the opposite side of the range or next structural level
Continuation Filtering: Not all sweeps lead to reversals. During strong trends:
Sweeps of minor structure in a trending market often precede continuation
Use higher timeframe structure to determine if a sweep is counter-trend (likely reversal) or with-trend (likely continuation)
Entry Refinement: In ranging markets, trade from swept lows to highs and vice versa, as institutions accumulate at the extremes.
Advanced Sweep Analysis:
Double Sweeps: When both sides of a range are swept, expect a strong breakout
Sweep Rejection Quality: Fast, strong rejections of sweeps are more reliable than slow grinding returns
Timeframe Consideration: Daily timeframe sweeps are significantly more important than 15-minute sweeps
Volume Profile: Sweeps with low volume followed by high volume reversals confirm manipulation
What Makes a High-Quality Sweep Signal: ✅ Penetrates structure by at least 0.5-1x ATR
✅ Strong rejection candle (long wick, decisive close)
✅ Occurs at a higher timeframe structural level
✅ Creates a Change of Character on the following move
✅ Sweeps an obvious level where retail stops cluster
4. Change of Character (CHOCH) - Major Reversal Signals
What It Is: A Change of Character represents the most significant shift in market dynamics—when the entire structural bias of the market flips from bullish to bearish or bearish to bullish. CHOCH signals are the crown jewel of SMC trading because they identify the exact moment when institutional positioning fundamentally changes.
The Anatomy of a CHOCH: A valid CHOCH requires a specific sequence:
Established Trend: A clear directional bias with multiple BOS in one direction
Liquidity Engineering: A sweep of structure in the current trend direction (the manipulation phase)
Structural Break: Price then breaks structure in the OPPOSITE direction (the revelation phase)
This combination shows that institutions have:
Completed their accumulation/distribution at favorable prices (via the sweep)
Shifted their positioning from bullish to bearish (or vice versa)
Begun a new directional campaign
Visual Presentation:
Bullish CHOCH (Cyan Triangle Up): Appears when bearish structure is broken after a low sweep, signaling the shift to bullish control
Bearish CHOCH (Red Triangle Down): Appears when bullish structure is broken after a high sweep, signaling the shift to bearish control
Prominent Markers: Larger and more visually distinct than BOS signals, reflecting their importance
Why CHOCH Signals Are So Powerful:
Trend Reversal Identification: They mark the earliest possible confirmation of a trend change
High Win Rate: When combined with proper risk management, CHOCH signals have among the highest success rates in SMC trading
Risk-Reward Ratio: Entering at CHOCH gives you the best possible risk-reward since you're entering at the beginning of a new trend
Institutional Confirmation: The sequence of sweep + structure break proves institutional repositioning, not just retail sentiment
Trading CHOCH Signals:
The Perfect CHOCH Setup:
Identify the Sweep: Watch for a liquidity sweep of structural lows (for bullish) or highs (for bearish)
Wait for the Break: Don't enter on the sweep—wait for structure to break in the opposite direction
CHOCH Confirmation: The indicator fires the CHOCH signal—this is your entry trigger
Entry Execution:
Aggressive: Enter immediately on CHOCH confirmation
Conservative: Wait for a pullback to the first Fair Value Gap or broken structure (now turned support/resistance)
Stop Placement: Beyond the swept liquidity point
Target Selection: Previous swing in the opposite direction, or let it run to the next CHOCH
Multiple Timeframe CHOCH Strategy: The most powerful setups occur when CHOCHs align across timeframes:
Daily CHOCH: Signals major institutional trend change, target 500+ pips (Forex) or significant point moves
4H CHOCH: Confirms daily direction, provides swing trade opportunities
1H CHOCH: Offers precise entry timing within the higher timeframe trend
15M CHOCH: Used for position scaling and intraday management
Example Trade Flow:
Daily Chart: Bullish CHOCH appears after weeks of downtrend
↓
4H Chart: Wait for pullback after the daily CHOCH, then catch the 4H bullish CHOCH
↓
1H Chart: Enter on the 1H bullish CHOCH that aligns with both higher timeframes
↓
Result: You've entered at the beginning of a major trend with multiple confirmations
CHOCH Quality Grading:
A-Grade CHOCH (Highest Probability):
Occurs at major higher timeframe structure
Following a clear liquidity sweep
Volume spike on the structural break
Multiple timeframe alignment
Creates a large Fair Value Gap on the break
B-Grade CHOCH (Good Probability):
Valid sweep and structure break
Single timeframe signal
Moderate volume
Occurs at minor structure
C-Grade CHOCH (Lower Probability):
Choppy, ranging market context
Weak sweep or unclear structure
Counter to higher timeframe trend
Low volume confirmation
Common Mistakes with CHOCH Trading: ❌ Entering on the sweep instead of waiting for the structure break
❌ Ignoring higher timeframe context
❌ Taking every CHOCH regardless of quality
❌ Not waiting for pullbacks on aggressive trends
❌ Placing stops too tight, getting caught in volatility
Advanced CHOCH Concepts:
Failed CHOCH: Occasionally, what appears to be a CHOCH will fail (price reverses back into the previous trend). This often indicates:
Insufficient institutional conviction for the reversal
Fake-out to grab liquidity in the opposite direction
Need to wait for a higher timeframe CHOCH for confirmation
When a CHOCH fails, it often sets up an even stronger continuation of the original trend.
CHOCH vs BOS Decision Matrix:
If in doubt about trend direction → wait for CHOCH
If confident in trend → trade BOS continuations
After a CHOCH → next signals in the new direction are BOS
5. Fair Value Gaps (FVG) - Institutional Retracement Zones
What It Is: Fair Value Gaps represent price imbalances where the market moved so quickly that it left behind inefficient pricing. These gaps form when there's no overlap between the current candle's wick and the candle from two bars ago—a void in the price action that creates a "gap" in the order flow.
The Institutional Logic: When institutions execute large market orders, they can push price rapidly through levels without allowing normal two-way trading. This creates unfilled orders and imbalanced order books. Institutions often return to these gaps to:
Fill additional orders at more favorable prices
Allow the market to "breathe" before the next push
Create support/resistance at the gap for the next move
Restore balance to the order book
FVG Formation Criteria: This indicator uses enhanced FVG detection logic:
Bullish FVG (Upward Gap):
Current candle's low is above the high from 2 candles ago
Creates a visible gap where no trading occurred
Gap size must exceed 30% of ATR (filtering minor gaps)
Typically forms on strong bullish momentum candles
Market moved up so fast it left unfilled sell orders
Bearish FVG (Downward Gap):
Current candle's high is below the low from 2 candles ago
Creates a visible gap where no trading occurred
Gap size must exceed 30% of ATR
Typically forms on strong bearish momentum candles
Market moved down so fast it left unfilled buy orders
Visual Presentation:
Bullish FVG Zones: Semi-transparent cyan boxes extending from gap bottom to top
Bearish FVG Zones: Semi-transparent red boxes extending from gap top to bottom
Dynamic Management: Gaps automatically removed when filled or expired
Clean Display: Only active, unfilled gaps shown to prevent chart clutter
FVG Trading Strategies:
Strategy 1: FVG Retracement Entries After a CHOCH or strong BOS, wait for price to retrace into the FVG for entry:
Identify trend direction via CHOCH or BOS
Locate the nearest FVG in the direction of the trend
Set limit orders within the FVG zone
Stop loss beyond the FVG
Target the next structural level or previous swing
Strategy 2: FVG Breakout Confirmation When price breaks through an FVG without filling it:
Signals extreme institutional urgency
Indicates the move is likely to continue strongly
The unfilled gap becomes a "no-go zone" for counter-trend entries
Strategy 3: Multiple FVG Management When multiple FVGs form in sequence:
The first FVG is most likely to be filled
If price skips the first FVG, it signals exceptional strength
Sequential gaps create a "gap ladder" for scaling into positions
FVG Quality Assessment:
High-Quality FVGs (Best Trading Zones):
Large gap size (1.5x+ ATR)
Formed on high volume impulse moves
Aligned with higher timeframe structure
Created during CHOCH or strong BOS
Positioned between current price and key structure
Low-Quality FVGs (Use Caution):
Small gaps (< 0.5 ATR)
Formed during choppy, ranging conditions
Multiple overlapping gaps in the same area
Counter to higher timeframe trend
Very old gaps (50+ bars ago)
FVG Lifecycle Management:
The indicator intelligently manages FVG zones:
Gap Filling:
Bullish FVG is "filled" when price touches the bottom of the gap
Bearish FVG is "filled" when price touches the top of the gap
Filled gaps are automatically removed from the chart
Partial fills count as complete fills (institutions got their orders)
Gap Expiration:
Gaps older than the extension period (default 10 bars) are removed
This keeps the chart clean and focuses on relevant levels
Adjustable from 5-50 bars based on timeframe and trading style
Gap Priority: When multiple gaps exist, closest gap to current price is most relevant
Advanced FVG Concepts:
Nested FVGs: Sometimes FVGs form within larger FVGs. The smaller, more recent gap typically gets filled first, providing a secondary entry within the larger gap.
FVG Clusters: When 3+ FVGs stack in the same zone, this area becomes a major institutional reaccumulation zone—excellent for swing entries.
Inverted FVGs: Bullish FVGs in downtrends or bearish FVGs in uptrends can act as resistance/support where rallies/dips fail.
FVG + Liquidity Sweep Combination: The ultimate entry setup:
Liquidity sweep occurs
CHOCH confirms reversal
Price retraces into FVG created during the CHOCH move
Enter with exceptional risk-reward ratio
FVG Statistics & Probabilities:
Research on FVG behavior shows:
Approximately 70% of FVGs get filled within 20 bars
FVGs formed during CHOCH have 80%+ fill rate
Larger gaps (2x+ ATR) have lower but higher-quality fill rates
Higher timeframe FVGs are more magnetic than lower timeframe
Timeframe Considerations:
Daily FVGs:
Can remain unfilled for weeks
Major institutional zones
Often mark the absolute best entry prices for swing trades
When filled, usually result in strong reactions
4H FVGs:
Typically fill within 3-7 days
Excellent for swing trading
Balance between frequency and reliability
1H FVGs:
Usually fill within 1-3 days
Good for short-term position trading
More frequent signals
15M FVGs:
Often fill same day
Best used for intraday refinement
Should align with higher timeframe gaps
🔧 Customization & Settings Guide
Structure Detection Settings
Swing Lookback Period (3-50 bars): This is arguably the most important setting as it determines what the indicator considers "structure."
Low Values (3-7):
Identifies minor swings and frequent structure points
More BOS and CHOCH signals
Better for scalping and day trading
Risk: More false signals in choppy markets
Best for: 15M-1H charts, active traders
Medium Values (8-15):
Balanced approach capturing meaningful swings
Default setting works well for most traders
Good signal-to-noise ratio
Best for: 1H-4H charts, swing traders
High Values (16-50):
Only major structural points identified
Fewer but higher-quality signals
Cleaner charts with less noise
Better for trending markets
Best for: 4H-Daily charts, position traders
ATR Period (1-50): Controls how volatility is measured for liquidity sweep detection.
Shorter Periods (7-14):
More responsive to recent volatility changes
Better during high volatility events
May overreact to short-term spikes
Longer Periods (15-30):
Smoother, more stable volatility measurement
Better for swing trading
Reduces sensitivity to short-term noise
Liquidity Sweep Multiplier (0.5-3.0): Determines how far beyond structure price must move to qualify as a sweep.
Low Multiplier (0.5-0.9):
Catches smaller, more frequent sweeps
More signals but lower reliability
Good for scalping or high-frequency trading
Use in ranging markets
Medium Multiplier (1.0-1.5):
Balanced sensitivity
Default 1.2 works for most situations
Good signal quality
High Multiplier (1.6-3.0):
Only major, obvious sweeps detected
Fewer but very high-quality signals
Best for trending markets
Use when you want only the clearest setups
Display Options
Toggle Controls: Each component can be individually enabled/disabled:
Show Market Structure:
Turn off when chart becomes too cluttered
Essential for understanding context, generally keep ON
Disable only when you know structure from higher timeframe
Show Liquidity Zones:
Highlights swept areas with boxes
Can be disabled if you prefer cleaner charts
Keep ON when learning to spot manipulation
Show Break of Structure:
BOS labels can be disabled if trading only reversals
Keep ON for trend following strategies
Show Change of Character:
Core SMC signal, usually keep ON
Only disable if focusing purely on continuation trading
Show Fair Value Gaps:
OFF by default to prevent overwhelming new users
Turn ON once comfortable with basic structure
Can generate many zones on lower timeframes
FVG Extension Period (5-50 bars): Determines how long unfilled gaps remain displayed.
Short Extension (5-10):
Keeps charts very clean
Only shows very recent gaps
Good for day trading
May remove gaps before they fill
Medium Extension (11-25):
Balanced approach
Captures most gap fills
Good for swing trading
Long Extension (26-50):
Shows historical gap context
Better for position trading
Higher timeframe analysis
Can make charts busy on lower timeframes
Color Scheme Customization
Why Colors Matter: Visual clarity is crucial for quick decision-making. The color scheme should:
Clearly distinguish bullish vs bearish elements
Work well with your chart background (dark/light mode)
Be visible but not distracting
Match your personal preference for aesthetics
Default Colors:
Bullish: Cyan (
#00ffff) - visibility and association with "cool" buying
Bearish: Red (
#ff0051) - visibility and universal danger/selling association
FVG Bullish: 85% transparent cyan - visible but not overpowering
FVG Bearish: 85% transparent red - visible but not overpowering
Customization Tips:
Increase transparency if zones overwhelm price action
Use higher contrast colors on light backgrounds
Keep bullish/bearish colors visually distinct
Test colors across different market conditions
Optimization by Market Type
Forex (24-hour markets):
Structure Lookback: 10-15
ATR Period: 14-21
Sweep Multiplier: 1.0-1.5
Best Timeframes: 15M, 1H, 4H
Stocks (Session-based):
Structure Lookback: 8-12
ATR Period: 14
Sweep Multiplier: 1.2-1.8
Best Timeframes: 5M, 15M, 1H, Daily
Note: Gaps at market open/close aren't FVGs
Cryptocurrency (High volatility):
Structure Lookback: 12-20 (filter noise)
ATR Period: 10-14 (responsive to volatility)
Sweep Multiplier: 1.5-2.5 (larger sweeps)
Best Timeframes: 15M, 1H, 4H
Indices (Moderate volatility):
Structure Lookback: 10-15
ATR Period: 14-20
Sweep Multiplier: 1.0-1.5
Best Timeframes: 1H, 4H, Daily
📈 Complete Trading System & Strategies
The Complete SMC Trading Process
Step 1: Higher Timeframe Analysis (Daily/4H) Begin every trading session by analyzing higher timeframes:
Identify the prevailing market structure (bullish or bearish)
Mark key swing highs and lows
Note any recent CHOCHs that signal trend changes
Identify major Fair Value Gaps that could act as targets or entry zones
Determine areas of liquidity (obvious highs/lows where stops cluster)
Step 2: Trading Timeframe Setup (1H/4H) Move to your primary trading timeframe:
Wait for alignment with higher timeframe bias
Look for CHOCH signals if expecting reversal
Look for BOS signals if expecting continuation
Identify liquidity sweeps that create trading opportunities
Note nearby FVGs for entry refinement
Step 3: Entry Timeframe Execution (15M/1H) Use lower timeframe for precise entry:
After higher timeframe signal, wait for lower timeframe confirmation
Enter on FVG fills, structure breaks, or CHOCH signals
Place stop beyond swept liquidity or broken structure
Set targets at next structure level or opposite side of range
Step 4: Management Active trade management increases profitability:
Move stop to breakeven after price moves 1R (risk unit)
Take partial profits at first target (structure level)
Let remainder run to major targets
Trail stop using FVGs or structure breaks in your direction
Exit if a counter-trend CHOCH appears
High-Probability Trading Setups
Setup 1: The Classic CHOCH Reversal
Market Context:
Extended trend in one direction
Price reaching obvious highs/lows where liquidity pools
Setup Requirements:
Liquidity sweep of the high/low
CHOCH signal fires
(Optional) Wait for pullback to FVG
Entry: On CHOCH confirmation or FVG fill
Stop: Beyond swept liquidity
Target: Previous swing in opposite direction
Example (Bullish):
Market in downtrend for 2 weeks
Price sweeps below obvious daily low
Bullish CHOCH fires (breaks previous lower high)
Enter immediately or wait for pullback to bullish FVG
Stop below swept low
Target: Previous lower high, then previous high
Risk-Reward: Typically 1:3 to 1:5+
Setup 2: BOS Continuation with FVG Entry
Market Context:
Established trend with recent CHOCH
Strong momentum in trend direction
Setup Requirements:
Recent CHOCH established trend direction
BOS signal confirms continuation
Wait for pullback into FVG created on the BOS move
Entry: Limit order within FVG zone
Stop: Beyond FVG (invalid if exceeded)
Target: Next structural level
Example (Bearish):
Bearish CHOCH 2 days ago
Price makes BOS breaking new low
Large bearish FVG created during the break
Price retraces into FVG zone
Enter short at FVG fill
Stop above FVG
Target: Next major low or daily FVG below
Risk-Reward: 1:2 to 1:4
Setup 3: Liquidity Sweep Fade
Market Context:
Ranging market between defined highs/lows
Obvious liquidity on both sides of range
Setup Requirements:
Clear range established (minimum 20-30 bars)
Price sweeps one side of range (high or low)
Strong rejection back into range
Entry: After sweep rejection confirmed
Stop: Beyond swept level
Target: Opposite side of range
Example:
Range between 1.0850-1.0920 (EUR/USD)
Price sweeps above 1.0920 to 1.0935
Strong bearish rejection candle back below 1.0920
Enter short at 1.0915
Stop at 1.0940 (above sweep high)
Target: 1.0850 (range low)
Risk-Reward: 1:2.6
Setup 4: Multi-Timeframe CHOCH Alignment
Market Context:
Major trend change occurring
Multiple timeframes showing reversal signals
Setup Requirements:
Daily timeframe shows CHOCH
Wait for 4H CHOCH in same direction
Enter on 1H CHOCH that aligns
Entry: 1H CHOCH confirmation
Stop: Below 4H structure
Target: Daily structural level
Example (Bullish):
Daily bearish trend for months
Daily bullish CHOCH appears
4H shows bullish CHOCH next day
1H bullish CHOCH provides entry
Enter long on 1H signal
Stop: Below 4H swing low
Target: Daily previous high
Risk-Reward: 1:5 to 1:10+
Position: Larger size due to alignment
Setup 5: Failed CHOCH Continuation
Market Context:
Strong trend temporarily looks like reversing
"False" CHOCH creates trap for counter-trend traders
Setup Requirements:
Apparent CHOCH against main trend
Price fails to follow through
Original trend resumes with strong BOS
Entry: On BOS in original trend direction
Stop: Recent swing
Target: Extension of original trend
Example:
Strong daily uptrend
Bearish CHOCH appears (potential reversal)
Price consolidates but doesn't follow through down
Bullish BOS breaks above recent consolidation
Enter long on BOS
Stop: Below failed CHOCH low
Target: New high extension
Risk-Reward: 1:3 to 1:6
Note: Failed reversals often lead to explosive continuations
Risk Management Framework
Position Sizing: Never risk more than 1-2% of account per trade, even on A+ setups.
Risk Calculation:
Position Size = (Account Size × Risk %) / (Entry - Stop Loss in pips/points)
Example:
Account: $10,000
Risk: 1% = $100
Entry: 1.0900
Stop: 1.0870 (30 pips)
Position Size: $100 / 30 pips = $3.33 per pip
Lot Size (Forex): 0.33 lots
Stop Loss Placement:
For CHOCH Reversals:
Place stop 5-10 pips beyond swept liquidity
Gives room for volatility while protecting capital
If swept liquidity is violated, setup is invalidated
For BOS Continuations:
Place stop beyond the FVG or structure that provided entry
Typically tighter stops (closer to entry)
Can trail stop to breakeven quickly
For Range Trading:
Stop beyond the swept level
Generally tight stops work well in ranges
Exit quickly if range boundaries break
Take Profit Strategy:
Scaling Out Method (Recommended):
First Target (50% of position): First structural level (1:1 to 1:2)
Second Target (30% of position): Major structure (1:3 to 1:5)
Trail Stop (20% of position): Let run to full extension
Full Exit Method:
Hold entire position to predetermined target
Requires more discipline
Higher reward but also higher risk of giveback
Trade Management Rules:
Breakeven Rule: Move stop to breakeven after 1R profit
Partial Profit Rule: Take partials at structure levels
Trailing Rule: Trail stop
Forex Liner SCALPING (No Repaint)//@version=5
indicator("Forex Liner SCALPING (No Repaint)", overlay=true, max_labels_count=500)
// ===== إعدادات سريعة للسكالبينج =====
pivotLen = input.int(1, "Pivot Sensitivity (أدق=1)")
emaLen = input.int(9, "EMA Trend")
rsiLen = input.int(7, "RSI Filter")
rsiMid = input.int(50, "RSI Mid Level")
showLabels = input.bool(true, "Show Labels")
// ===== الحسابات =====
ema = ta.ema(close, emaLen)
rsi = ta.rsi(close, rsiLen)
ph = ta.pivothigh(high, pivotLen, pivotLen)
pl = ta.pivotlow(low, pivotLen, pivotLen)
// ===== حفظ آخر قاع وقمة =====
var float lastLowPrice = na
var int lastLowBar = na
var float lastHighPrice = na
var int lastHighBar = na
if not na(pl)
lastLowPrice := pl
lastLowBar := bar_index - pivotLen
if not na(ph)
lastHighPrice := ph
lastHighBar := bar_index - pivotLen
// ===== موجة =====
var int wave = 0 // 1 شراء | -1 بيع
// ===== بداية موجة شراء =====
startBuy = not na(lastHighPrice) and close > lastHighPrice and wave != 1 and rsi > rsiMid
if startBuy and not na(lastLowBar)
wave := 1
if showLabels
label.new(lastLowBar, lastLowPrice, "BUY LOW", style=label.style_label_up, color=color.lime, textcolor=color.black)
// ===== بداية موجة بيع =====
startSell = not na(lastLowPrice) and close < lastLowPrice and wave != -1 and rsi < rsiMid
if startSell and not na(lastHighBar)
wave := -1
if showLabels
label.new(lastHighBar, lastHighPrice, "SELL HIGH", style=label.style_label_down, color=color.red, textcolor=color.white)
// ===== نهاية الموجة =====
endBuy = wave == 1 and close < lastLowPrice
if endBuy
wave := 0
if showLabels
label.new(bar_index, high, "END BUY", color=color.orange, style=label.style_label_down)
endSell = wave == -1 and close > lastHighPrice
if endSell
wave := 0
if showLabels
label.new(bar_index, low, "END SELL", color=color.orange, style=label.style_label_up)
ARX | Time Window Box AsiaThis script displays a visual time window box on the chart to represent a predefined Asia session time range.
It is a visual and organizational utility only. The script does not analyze price, generate signals, issue alerts, or provide any form of trading guidance.
Its sole purpose is to help users visually identify time periods on a chart.
Educational and organizational use only. Not financial advice.
Price Displacement ModelTitle:
Price Displacement Model
Description:
The Price Displacement Model is a market structure indicator designed to identify validated bullish and bearish reversal points using price displacement from running extremes. Signals are generated only when price moves a minimum user-defined distance away from a prior extreme and alternates direction, helping filter noise and prevent repeated same-side signals. This displacement-based approach focuses on structural shifts rather than fixed pivots or lagging fractals, making it adaptable across multiple timeframes.
Key Features:
• Price Displacement Confirmation: Reversals require price to move beyond a configurable threshold from the running high or low.
• Break Source Control: Choose between Close-based or Wick-based confirmation for conservative or responsive behavior.
• Candle Direction Filtering: Demand requires bullish candles; Supply requires bearish candles.
• Internal Market Structure Labels: Automatically classifies swings as HH, HL, LH, or LL based on prior confirmed structure.
• ZigZag Structure Visualization: Draws non-repainting zigzag lines connecting confirmed swing points only.
• Alerts: Built-in alert conditions for bullish (Demand) and bearish (Supply) reversals.
Inputs & Settings:
• Price Displacement Threshold
• Break Source (Close or Wick)
• ZigZag Line Color
• ZigZag Line Width
Usage:
This indicator helps traders:
• Identify meaningful structural reversals driven by price displacement
• Track alternating Supply and Demand zones within market structure
• Distinguish higher highs/lows from lower highs/lows in real time
• Use structural signals as confirmation alongside higher-timeframe bias or other tools
Technical Notes:
• Signals are structure confirmations, not trade entries.
• The zigzag and labels are derived only from confirmed reversals and do not repaint historical structure.
• Works on standard OHLC charts. Non-standard chart types (Heikin Ashi, Renko, etc.) may alter displacement behavior.
• Past structural signals do not guarantee future market performance.
Big Randy's ORB Strategy w/ Key LevelsBig Randy’s ORB Strategy w/ Key Levels plots a clean, trade-ready set of intraday levels built around the New York Opening Range, plus Asia & London session highs/lows pulled from a futures proxy so you can use the same levels on SPX/SPY (or other correlated charts) without switching symbols.
What it shows
NY ORB (08:00–08:15 ET)
Draws the High, Low, and Midpoint (dotted) of the first 15-minute candle starting at your chosen NY start time (default 8:00 ET).
Asia & London Session High/Low (from Futures)
Tracks and plots Asia High/Low and London High/Low using a futures proxy (ES or NQ) and maps those prices onto your current chart via smart scaling.
Easy toggles
Futures Proxy: quickly switch between ES and NQ as the session reference source.
Scaling Reference:
Auto = automatically scales the futures levels to match your current chart (works great for ES/NQ vs SPX/SPY).
Force SPX = treats chart like SPX-style 1x pricing.
Force SPY = uses SPY-style ~0.1x pricing (SPX/10 approximation).
Use CME Continuous Symbols: option to use continuous futures tickers (ES1!/NQ1!) for consistent session tracking.
Styling
Solid lines for NY ORB, dashed lines for Asia/London, dotted for NY Mid.
Fully customizable colors + line width.
Notes
Designed for America/New_York session timing.
Levels extend during your selected “extend lines” window.
This indicator plots levels only (not a full entry/exit backtest system) so you can combine it with your own confirmation and risk rules.
ARX | Chart Watermark Utility This script adds a simple visual watermark or label to the chart for identification and presentation purposes.
It does not generate signals, alerts, predictions, or trading logic, and does not analyze price data.
The tool is intended purely as a visual utility to help users organize and brand their charts.
Educational and organizational use only. Not financial advice.
Core Of My Desire {xqweasdzxcv}
Creator's Notes
Developer: xqweasdzxcv or x²
Current Version: 2.8.3.4
Telegram: t.me
For access requests:
If anyone wants access to this indicator then DM me
Core Of My Desire - Trading Indicator Documentation
Overview
Core Of My Desire is a comprehensive trading indicator system engineered for advanced technical analysis across all markets and timeframes, with no dependency on a single asset class, trading style, or market condition. Developed by xqweasdzxcv (x²), the indicator is designed as a unified analytical framework rather than a collection of disconnected tools. It combines multiple analytical methodologies into a single, coherent system, allowing traders to evaluate price action through structure, trend, volume, momentum, and contextual market behavior simultaneously.
The system integrates market structure analysis to identify continuation and reversal phases, trend logic to establish directional bias, volume-based sentiment to validate participation, and momentum dynamics to detect acceleration or exhaustion. Supply and demand principles are incorporated to highlight areas of historical imbalance and potential reaction, while adaptive signal generation adjusts responsiveness based on changing market conditions rather than static rules. Sensitivity-based logic allows the indicator to scale between faster, more reactive behavior and slower, confirmation-driven behavior depending on user calibration.
Risk management is not treated as an external concept but is embedded directly into the indicator’s design. Dynamic support and resistance references, projected take-profit structures, re-entry logic, and exhaustion detection are provided to assist with trade planning, position management, and exit decision-making. Signals are designed to function as informational guidance within a broader discretionary process, emphasizing confluence and context over isolated triggers.
Core Of My Desire is intended for disciplined traders who understand that no indicator can predict the market. Its purpose is to organize complex market information into a readable, adaptive framework that supports structured analysis, informed execution, and consistent decision-making across varying market environments.
Core Philosophy
This indicator provides confluence from multiple analytical perspectives:
• Market structure defines context
• Trend determines directional bias
• Volume confirms participation
• Momentum identifies continuation or exhaustion
• Supply and demand highlight reaction zones
• Risk management governs execution
No single component is intended to be used in isolation.
Key Features
Adaptive Signal Generation
• Primary Buy and Sell signals with adjustable sensitivity
• Optional Trend Cloud filter for directional confirmation
• Configurable confirmation latency
• Strength-based labeling for signal quality
Market Structure Analysis
• Swing and Internal structure tracking
• Dynamic and Manual analysis modes
• BOS, CHoCH, and CHoCH+ detection
• Equal Highs and Lows identification
• Structural labeling (HH, HL, LH, LL)
Multi-Timeframe Dashboard
• Volume sentiment across 8 timeframes (1m to Daily)
• Market state detection (Trending or Ranging)
• Volatility awareness
• Active position tracking
• Trading session identification:
• Sydney
• Tokyo
• London
• New York
Supply and Demand Zones
• Preset configurations:
• Standard
• Majors
• Nearest
• Custom
• Automatic validation on price interaction
• Visual feedback based on zone strength
• Progressive fading of invalidated zones
• Automatic cleanup for chart performance
Risk Management System
• Dynamic Support and Resistance bands
• Three Take-Profit levels with configurable ratios
• Peak Profit alerts for position management
• Three-tier Re-Entry signals
• Reversal detection near key price areas
Technical Analysis Suite
• Nine moving average types
• Zero-Lag EMA
• Fibonacci retracement levels
• Fair Value Gaps (FVG)
• Multi-timeframe Support and Resistance
• Trendline breakout detection
• Structure breakout confirmation
• Divergence-based tactical signals
• Momentum fluctuation detection
Visual Customization
• Multiple candle coloring modes
• Adaptive bands with overbought and oversold markers
• Trend Cloud visualization
• Optional background coloring
• Fully customizable color themes
Signal Classification
Primary Entry Signals
• BUY and SELL labels
• Strength tiers:
• Buy
• Strong Buy
• Very Strong Buy
• Optional Trend Cloud confirmation
• Intended for core trade entries
Directional Bias Signals
• Up Trend and Down Trend indicators
• Macro trend context
• Adjustable sensitivity (0.1–20.0)
• Optional Heikin Ashi smoothing
Reversal Signals
• Three intensity levels
• Exhaustion and exit indications
• Counter-trend opportunity identification
Peak Profit Signals
• Extreme condition alerts
• Trade-aware and position-specific
• Designed to protect unrealized gains
• Frequently precede reversals
Re-Entry Signals
• Small arrow markers
• Three progressive entry levels
• Pullback-based continuation entries
• Displayed only during active trades
Structure Breakout Signals
• Triangle markers
• Body-close confirmation logic
• Adjustable lookback period (5–50)
• Used to confirm decisive breaks
Tactical Signals
• Divergence-based arrows
• Contrarian in nature
• Higher risk, higher reward profile
Fluctuation Signals
• Momentum-based arrows
• Volume or Volatility modes
• Rapid shift detection
• Best suited for scalping conditions
Settings Guide
Sensitivity
• Default: 4.5
• Range: 0.1–20.0
Behavior:
• Lower values produce faster signals with increased noise
• Higher values reduce signal frequency but improve confirmation
Adjustment guidelines:
• Excessive false signals → Increase sensitivity
• Missed opportunities → Decrease sensitivity
Trend Cloud Filter
• Multiplier: 4.3
• ATR Length: 27
• Confirmation latency: 2–20 bars (default 5)
Purpose:
• Enforces trend alignment
• Reduces counter-trend signals
• Introduces intentional confirmation delay
Supply and Demand Presets
• Standard: Balanced, suitable for most use cases
• Majors: Key levels only, ideal for higher timeframes
• Nearest: Recent price focus, optimal for scalping
• Custom: Full user-defined control
Risk Management (Take-Profit Structure)
• TP1: Fixed at 1:1
• TP2 Multiplier: 0.5 (default)
• TP3 Multiplier: 1.5 (default)
Common configurations:
• Conservative: 0.5 / 1.0
• Balanced: 1.0 / 2.0
• Aggressive: 1.5 / 3.0
Performance Notes
• High computational complexity
• Optimized for 1m–4H timeframes
• No repainting on closed candles
• Certain signals intentionally wait for confirmation
Final Thoughts
Core Of My Desire is a professional-grade analytical framework that requires understanding and practice. It's not a "magic button" - it's a sophisticated toolset for serious traders.
Your success depends on:
Proper calibration for your specific market
Understanding what each signal represents
Having a solid trading plan
Disciplined risk management
Continuous learning and adaptation
Legal Disclaimer
Educational and informational purposes only. Trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results.
You acknowledge:
You trade at your own risk
No profitability guarantees
Never risk more than you can afford to lose
Risk management is your responsibility
This is a tool, not financial advice
Top 40 Best Performing Nasdaq Stocks with Advanced Stats ScreenWelcome to the CustomQuantLabs Advanced Stats Screener. This dashboard is designed for traders who need more than just price action—it provides a comprehensive, institutional-grade view of the "Top 40" performing assets in the Nasdaq (or any watchlist of your choice) at a single glance.
Instead of flipping through 40 different charts, this screener aggregates Performance Metrics and Advanced Statistical Risk Models into one clean, heatmap-style dashboard. It helps you instantly identify outliers, trend leaders, and potential mean-reversion setups.
Key Features
1. Multi-Timeframe Performance Heatmap Instantly spot momentum. The dashboard tracks returns across 5 key timeframes, color-coded with a dynamic heatmap (Bright Green for leaders, Bright Red for laggards):
Week% (Short-term momentum)
Month% & Quarter% (Medium-term trend)
6M% & 12M% (Long-term secular trend)
2. Institutional Risk Metrics (Advanced Stats) We go beyond simple percentage changes. This screener calculates complex statistical formulas for every single ticker in real-time:
Kelly Criterion (%): A money management formula used to determine optimal position size based on win probability and return ratio. A higher Kelly % suggests a statistically stronger "edge" based on recent history.
Sharpe Ratio: Measures risk-adjusted return. How much return are you getting for every unit of risk? (Values > 1.0 are generally considered good).
Sortino Ratio: Similar to Sharpe, but only penalizes downside volatility. This is crucial for distinguishing between "good volatility" (upside pumps) and "bad volatility" (crashes).
Z-Score: A mean-reversion metric. It measures how many standard deviations the current price is from its 20-day mean.
High Positive Z-Score (>2): Price may be overextended to the upside.
Low Negative Z-Score (<-2): Price may be oversold.
Volatility (%): A dynamic measure of the asset's daily range, helping you gauge the "personality" of the stock before entering.
Customization & Settings
Fully Customizable Watchlist: While pre-loaded with top Nasdaq performers (like NVDA, AMD, PLTR, MU), you can easily edit the "Symbols" input in the settings to track Crypto, Forex, or your own custom stock portfolio.
Smart Theme Detection: Includes a toggle for Dark Mode (ProjectSyndicate style) and Light Mode (Clean white style).
Compact Mode: You can toggle specific columns on or off to fit the table on smaller screens.
How to Use
Add the script to your chart.
Open Settings (Gear Icon).
Paste your list of 40 tickers into the "Ticker List" text area (separated by commas).
Use the Z-Score to find overbought/oversold setups and the Relative Strength (Week/Month) to find breakout candidates.
Disclaimer: This tool is for informational purposes only. The "Top 40" list requires manual updating if the market leaders change. All statistical metrics (Kelly, Sharpe, etc.) are based on historical data and do not guarantee future performance.
Built by CustomQuantLabs.
Distance from SMA DisplayThis indicator shows the percentage distance of the price from a selected SMA (e.g., SMA 20) and uses a red or green emoji to indicate whether the price is above or below that SMA. This makes it easier to spot stocks that are far below the SMA for potential long setups, or far above it for potential short setups. In other words, it provides a quick visual way to identify overextended or underextended price conditions relative to the chosen moving average.
In addition, the indicator can display the percentage distance from the daily SMA 150, which is commonly used to determine the broader trend direction. The main purpose of this is to quickly see whether the higher-timeframe trend is bullish (price above the daily SMA 150) or bearish (price below it), helping traders align short-term opportunities with the overall market trend.
