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Multitimeframe Fair Value Gap – FVG (Zeiierman)█ Overview The Multitimeframe Fair Value Gap – FVG (Zeiierman) indicator provides a dynamic and customizable visualization of institutional imbalances (Fair Value Gaps) across multiple timeframes. Built for traders who seek to analyze price inefficiencies, this tool helps highlight potential entry points, unmitigated gaps, and directional bias using smart volume logic and adaptive visual elements. A Fair Value Gap (FVG) forms when there's a three-candle sequence in which a market imbalance leaves a "gap" between the wicks of candle 1 and candle 3. These areas are often considered footprints of institutional activity, and this indicator gives you the tools to track them with surgical precision across any timeframe you choose—regardless of the one you're viewing. This indicator also includes a trend filter powered by a low-pass Butterworth filter, enabling traders to distinguish between countertrend vs. trend-aligned FVGs for more intelligent decision-making. On top of that, it features a dynamic FVG table for live tracking and bull/bear volume power visualization inside each gap, adding powerful clarity to market intent. █ How It Works The indicator analyzes the open, high, low, close, and volume of candles from a user-selected timeframe. It identifies Fair Value Gaps based on wick logic and only confirms those that meet customizable strength criteria. Once detected, the indicator visualizes each FVG with dynamically extending boxes, optional buy/sell volume bars, and a real-time mitigation check. ⚪ Multitimeframe Logic Users can analyze FVGs from a higher or lower timeframe regardless of their current chart. This is achieved using request.security() to fetch OHLCV data from the chosen timeframe. ⚪ Wick Sensitivity & Impulse Filter The script measures the wick size of potential FVG candles and compares them to a running average. Only FVGs with wick sizes above a certain sensitivity threshold (user-controlled) are plotted. This ensures only meaningful price dislocations (e.g., strong impulsive moves) are shown, reducing noise. ⚪ Midpoint Mitigation Logic FVGs are marked as "mitigated" when the price revisits the gap area. Traders can choose whether full gap closure or just a midpoint touch is required. This allows faster reactivity in real-time trading environments. ⚪ Bull & Bear Power – Volume-Weighted Visualization Every Fair Value Gap box includes sub-bars representing the estimated buy and sell effort that created the gap. These are calculated using the candle's close in relation to its high/low range and volume: Buy Volume % ≈ effort from low to close Sell Volume % ≈ effort from high to close Each sub-bar inside the FVG: Is color-coded (UpCol for bullish, DnCol for bearish) Is drawn proportionally to the strength of buyers or sellers Visually displays who was in control during the imbalance ⚪ FVG Table – Dynamic On-Chart Overview The indicator includes an optional on-chart table that displays all currently active (unmitigated) FVGs in a side panel format: Automatic updates as gaps are formed and mitigated Color-coded rows to show bullish vs. bearish FVGs Timestamps to know precisely when the gap formed User-controlled position via Table Left and Table Right This is a gap watchlist overlay, giving traders a concise view of current inefficiencies without manually scanning the chart. ⚪ FVG Trend Filter (Butterworth Smoother) Using a two-pole Butterworth low-pass filter, the indicator computes a trendline based on average FVG values, offering a smooth but responsive directional signal. Passband Ripple (dB): Controls sensitivity and overshoot tolerance Cutoff Frequency (0–0.5): Sets how quickly the trendline reacts The trendline helps categorize each FVG: Trend up → favor bullish FVGs Trend down → favor bearish FVGs It adds an extra dimension to FVG entries, helping distinguish between trend-aligned and countertrend signals. █ How to Use ⚪ Identify Institutional Gaps Use this tool to identify areas where institutions may have left imbalances behind quickly. These areas often become: Strong support/resistance zones Areas where price might react sharply Targets for liquidity sweeps or retracements ⚪ React to Trend or Countertrend The built-in trendline helps categorize each FVG: Trend up → Bullish FVGs have higher validity Trend down → Bearish FVGs have higher validity ⚪ Volume Context via Bull/Bear Power Each Fair Value Gap is more than just a price imbalance — it’s a story of effort and intent. The Bull/Bear Power feature visualizes the buy and sell pressure behind each FVG, helping you understand how the gap was formed and who was in control. A bullish FVG with a strong buy effort suggests continuation potential — buyers dominated the move. A bullish FVG with a dominant sell effort could signal a trap or reversal — sellers may have overwhelmed the breakout. These insights allow you to confirm imbalance strength, spot traps early, and add confidence to entries based on dominant volume profiles. Instead of viewing gaps as static zones, this feature turns each into a live volume map — a visual breakdown of who moved the market and whether that move had conviction. ⚪ Plan with the FVG Table The FVG Table acts as your on-chart control center for tracking active imbalances. When enabled, it provides a clear summary of all unmitigated Fair Value Gaps, helping you stay organized and focused during fast-moving sessions. Track live and historical gaps: See exactly when and where each FVG formed. Monitor older, still-valid zones: Gaps off-screen but not mitigated remain in play — perfect for anticipating future reactions. Gauge market bias at a glance: The balance of bullish vs. bearish FVGs helps you understand overall directional pressure. Plan entries confidently: Use the table to reference all zones for risk management, confluence stacking, or layered execution strategies. Instead of manually scanning your chart, the FVG Table offers a clean, at-a-glance overview of the market’s inefficiencies — giving you the structure needed to act with precision. █ Settings FVG Timeframe Select any timeframe to source FVGs independent of your current chart. Sensitivity Filter FVGs by how impulsive the move is — it helps you eliminate weak gaps. Mitigated on Mid Control whether gaps are removed at midpoint touch or full fill. Table Settings Control the table position and width. Cleanly view all active FVGs. FVG Style Customize gap box colors, length, and bullish/bearish overlays. Trend Filter Enable or disable the smoothed FVG-based trendline with customizable smoothing controls. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script® Indikator
von Zeiierman
48
3 Candle AlertThis is a test for integration using a webhook. I am publishing it so I can share it. Ultimately, this is what we want to do: 1. Trade Entry Rules: Wait until at least the 3rd bar of the day (15 minutes after market open) before entering the first trade. Order of Priority for Entry: Look for two consecutive volume bars of the same color (the second bar must have higher volume than the first). Look for a “price push” beyond the high or low of the day (as determined in the first 15 minutes). 2. Trading Direction: If the volume bars are RED, I take a Long Position. If the volume bars are GREEN, I take a Short Position.
Pine Script® Indikator
von hmkjr1
Multiple Percentile Ranks (up to 5 sources at a time)This indicator is a visual percentile rank indicator that can display 1 to 5 sources at one time. The options: “Sources” Choose the number of sources you would like to display. The minimum is 1, the maximum is 5. “Label percent position” The label for the current percentage of where the source candle ranks. “Label position” This displays the source/s you’ve selected, and the chosen bottom rank % and top rank %. “Label text size” Displays the text size of all labels. “Display current % labels” Switches the labels on/off only for the current percentage rank of each source. Source options: ATR: Average True Range CCI: Commodity Channel Index COG: Centre of Gravity Close: closing price Close Percent: close percentage from previous close Dollar Value: volume * (high * low * close / 3) EOM: Ease of Movement: how much volume it takes to move the price in a certain direction OBV: On-Balance Volume RANGE: percentage range of the close price RSI: Relative Strength Index RVI: Relative Vigor Index Time Close: if you select the 1 second timeframe it will provide the gap of time between each 1 second close Volume: each bar’s volume Volume (MA): volume moving average Source # where # is the number of the source. Selects the source you’d like. Ma Length is the number of previous candles to consider when calculating the moving average of the source. Note, the “MA Length” only applies to sources that have the “(MA)” at the end of their name. Bottom % is the bottom percentage rank of the source you’ve selected. This is a filter to display the candle line graph in red once the percentage rank is equal to the percentage you’ve chosen or below. Top % is the top percentage rank of the source you’ve selected. This is a filter to display the candle line graph in green once the percentage rank is equal to the percentage you’ve chosen or higher. A simple example of how to use the indicator: Select the dropdown menu for source 1 and select volume. As the candles populate, it will look at previous candles and assign a percentage rank of where the candles are in relation to previous candles. *Note, the way Tradingview works is it will populate the first candle the chart was active, and continue on. So, let’s say the 3rd candle was the highest volume day. This candle will show up as 100%. If the next day, the 4th candle has an even higher volume, it will show up as 100% also, the previous candles won’t “repaint” to other values and are instead set based on when they were confirmed. So, this indicator works best when there are a lot of previous candles to compare itself to. To use the bottom % rank filter enter a percentage such as 5%. As it comes across a candle that is 5% or less compared to previous volume candles, then the line graph will shade in red. The same can be said for the top % rank. So, if you want to see the line graph change to green when it comes across the top 99th percentile rank of volume bars, then set the top % rank to 1% and it will give you extremely high-volume bars in green instead of blue.
Pine Script® Indikator
von Dean_Crypto
1
VXD SupercycleVXD is a brand new indicator and still developing. to minimize stop losses and overcome sideways market conditions, Higher Timeframe are recommended Trend lines -using Rolling VWAP as trend line to determined if Volume related to a certain price. -you can switch RVWAP to EMA in the setting ATR -trailing 12*ATR and 2.4 Mutiplier Pivot point and Rejected Block Pivot show last High and low of a price in past bars Rejected Block show when that High or Low price are important level to determined if it's Hidden Divergence or Divergence Symbols on chart show Premium and Discount Prices X-Cross - show potential reversal trend with weak volume . O-circle - show potential reversal trend with strong volume . Setting Momentum: RSI = 25 , RSI MA = 14 Trend: Rolling VWAP and ATR and Subhag Trailing STOP: ATR 12 x 2.4 Highlight Bars color when volume is above SMA 6 SMA200 act as TP Line Risk:Reward Calculation if Buy your Stoploss will be previous Pivot low if Sell your Stoploss will be previous Pivot high and will be calculated form there, then show TP in Orange color line VXD เป็นระบบเทรดที่ผมทดลองเอาหลาย ๆ ไอเดีย ทั้งจาก Youtube facebook และกลุ่มคนต่าง ๆ มารวบรวมไว้ แล้วตกผลึกขึ้นมาเป็นระบบนี้ ใน Timeframe ใหญ่ ๆ สามารถลากได้ทั้ง Cycle กันเลย Trend lines -ใช้ Rolling VWAP ของแอพ Tradingview (สามารถตั้งแค่าเป็น EMA ได้) ATR -ใช้ค่า ATR 12 Mutiplier 2.4 Pivot point and Rejected Block Pivot โชว์เส้น High low และมีผลกับออเดอร์ หากแท่งเทียนปิดทะลุเส้นนี้ Rejected Block วาดแนวรับ-ต้าน อัตโนมัติ ใช้ประกอบ RSI ว่ามี Divergence หรือไม่ สัญลักษณ์ต่าง ๆ X-Cross - แท่งกลืนกิน วอลุ่มน้อย O-circle - แท่งกลืนกิน มีวอลุ่ม Setting Momentum: RSI = 25 , RSI MA = 14 Trend: Rolling VWAP and ATR and Subhag Trailing STOP: ATR 12 x 2.4 Highlight Bars color when volume is above SMA 6 SMA200 act as TP Line Risk:Reward Calculation หาก Buy จุด SL จะอยู่ที่ Pivot low หาก Sell จุด SL จะอยู่ที่ Pivot high และระบบจะคำนวณจากตรงนั้น จากนั้นแสดงเป็นเส้น TP สีส้ม This Strategy Combined the following indicators and conditioning by me ATR , RSI , EMA , SMA Rolling VWAP - /script/ZU2UUu9T-Rolling-VWAP/ Regression Lines - Subhag form Subhag Ghosh /script/LHHBVpQu-Subhag-Ghosh-Algo-Version-for-banknifty/ Rejection Block , Pivots , High Volume Bars and PPDD form Super OrderBlock / FVG / BoS Tools by makuchaku & eFe /script/aZACDmTC-Super-OrderBlock-FVG-BoS-Tools-by-makuchaku-eFe/ ขอให้รวยครับ.
Pine Script® Strategie
von Vvaz_
11
The Normalizer [BVCC]The Normalizer adds an indicator to your chart with the option to view regular Volume, normalized Volume or normalized price. Normalized Volume divides the current Volume bar into a moving average and multiplies by 100. The resulting plot is a histogram showing how far above or below the moving average that volume bar was. Normalized Price does the exact same thing, but uses the close price of the current candle. The result of a normalized bar chart is that sometimes activities of unusually low or high patterns can be seen that are not obvious when looking at the standard data points. Customizable Settings include; 1) Check/Uncheck the first box to set the view to Volume or Price 2) Check 'Normalize' when on Volume to toggle between standard Volume and Normalized Volume 3) Price is always Normalized 4) Normalization is calculated from the SMA and the default is set to 9 - John Bollinger suggest setting this to 50 5) Normalization period can be set with the 'Period' option This indicator was created for members of the BVCC trading community as an example of the normalization methods described in John Bollinger's "Bollinger on Bollinger Bands". Mr. Bollinger talks extensively about normalization and specifically volume normalization. I added the price normalization as a fun bonus just because. :)
Pine Script® Indikator
von Fifth_Horizon
BuySell Volume Bar Chart• Separates estimated Buy and Sell volume per bar using price action logic • Plots them in a dual-axis format: buy volume goes up, sell volume goes down • Colors are dynamic — whichever side dominates gets the stronger color, the weaker side is shaded • Includes a live difference metric (Δ Volume) as a third value in the indicator title • Automatically filters out flat/no-move bars to avoid misleading spikes The live difference metric ("Δ Volume") can be controlled. This metric calculates the difference between the buying and selling volume live, where it takes the Buy Volume - Sell Volume. This difference is then displayed in either green (BV > SV) or red (SV > BV). You can toggle it on/off by entering the indicator's settings or double tapping the indicator name on the TV chart. Another pretty cool thing is the modular colors - you can customize your candle colors and shades to your liking within the code!
Pine Script® Indikator
von roshbiz1408
Catnobi Neon ThemeCatnobi Neon Theme 80 — A Purely Visual Candle-Glow Overlay (Open-Source) What the script does Catnobi Neon Theme 80 swaps the regular candle view for a vivid neon-glow style: Candles (body + wicks) show up in bright turquoise when the bar closes up and in bright amber when it closes down. Glow halo A soft, semi-transparent outline surrounds every candle, giving the impression of neon light. Volume histogram Bars use the same palette as the candles so the entire chart keeps a consistent, cyber-punk colour scheme. The script contains no trading signals, alerts, or calculations—it is purely decorative. How it works (high-level) Dual plot() technique – Each candle is drawn twice: an enlarged, low-opacity outline creates the halo; a second, normal-width layer renders the actual candle. plotcandle() core – Price is still displayed with Pine’s built-in candle plotting, so the visual effect never distorts OHLC values. Volume overlay – A simple plot() of volume with the same colour map keeps chart styling unified. Because only basic Pine primitives are used, the script is light on resources and responsive even on lower-end machines. Inputs / Settings Input name Purpose Range / type Default Theme Pick one of five curated colour sets 1 – 5 3 Glow width Thickness of the halo line (pixels) 1 – 10 4 px Glow opacity Halo transparency 0 – 100 % 70 % Hide volume Toggle neon volume bars true/false false All colours are defined in HSL space, so you can easily tweak hues without losing contrast. How to use it Switch to a dark chart background – The glow effect is optimised for dark hex #0e0e0e, but any dark theme works. Add Catnobi Neon Theme 80 as an overlay indicator. (Optional) Hide the native candles via Chart settings ▸ Symbol ▸ Bar color opacity = 0 %. Experiment with Theme, Glow width, and Glow opacity until the style matches your preference. Why it qualifies for publication Open-source – Code is fully visible, so the script does not fall under the “closed-source needs unique logic” rule. Originality is visual, not trading – There are many indicator strategies, but very few lightweight, purely aesthetic glow overlays that rely solely on stock Pine functions. Clear description – Users know exactly what to expect (no hidden buy/sell logic) and how the glow is generated. MIT License This script is released under the MIT licence. Feel free to fork, adapt, or redistribute—just keep the original author attribution somewhere in your code header. The script is intended for traders who enjoy a cyber-punk vibe on their charts without compromising clarity or performance. Happy glowing!
Pine Script® Indikator
von SignalsByUsov
4-EMA Signals + MTF Analysis4-EMA Signals + MTF Analysis Indicator: User Guide This indicator is designed for active traders; from scalpers / intra-day traders to swing-traders who simply want an easy to understand, simple, but yet comprehensive and easy-to-understand indicator with a quick overview of initial market momentum and overall market direction to assist the trader in their initial trading. The main feature of this indicator is that It overlays four exponential moving averages (EMAs), and provides a dashboard of real-time trend signals for both buy and sell (long/short) scenarios. Settings Overview MA Period Setup Custom: Set your own EMA periods. Conservative, Aggressive, Fibonacci: Quickly apply preset EMA period combinations for different trading styles. EMA Periods (Custom Setup) Fast EMA: Shortest EMA, reacts quickly to price (default 7). Medium-Short EMA: Intermediate speed (default 25). Medium-Long EMA: Slower, filters out more noise (default 70). Slow EMA: Longest-term trend (default 200). (These settings can be adjusted to suit your individual needs) Main Indicator Features Four EMAs : Plotted in distinct colors (green, yellow, orange, red) for quick trend recognition - this can be altered in colour to your personal preferences. Buy/Sell Signals : Triangles appear below/above bars when EMA crossovers occur, optionally filtered by volume - the volume filter when applied greatly reduces the influx of signals, only giving high-quality signals! Trading Sessions + Backgrounds : A trading session feature has been added: (London, New York, Asia, Sydney) with the choice of a background to indicate each global trading session. Volume Overlay : Volume bars and a blue volume moving average line for context. Dashboard Table (Top Right): Market Direction: Shows the overall EMA alignment (bullish, bearish, weak, consolidating). The initial trend on the 5m, 15m, 1H, and 4H time-frame to give a quick snapshot of overall trend direction. How to Use Trend Identification : -- Use the EMA alignment and dashboard table to quickly see if the market is bullish, bearish, or consolidating. EMA Set-up -- Adjust the EMA settings to your specific requirements, the signals will alter depending on the volatility of the instrument your trading. Signal Confirmation : -- ''Buy'' signals simply appear when the faster EMAs cross above slower EMAs in and ''Sell'' signals simply appear when they cross below. Volume Context : --Use the volume moving average and the optional volume filter to avoid signals during low-activity periods. No Repainting : -- All signals and dashboard readings are calculated using only confirmed, closed bars. What you see in real time is exactly what will appear in your back-test — no repainting or look-ahead bias. Alerts / Notifications Now for the fun part: 1. Enable Buy/Sell Signal Alerts: Get notifications when buy or sell signals occur. 2. For Alerts to function correctly, set the ''condition'' to the indicator itself. 3. Select ''EMA Bearish Cross'' or ''EMA Bullish Cross'' depending whether you want alerts for either buy/sell signals - Or one can simply set alerts for both scenarios. 4. For ''Interval'' set to ''Same as chart'' - So, the time-frame which you'd like to trade on. 5. For ''Trigger'' set to ''Once Per Bar Close''. 6. Save. 7. Wait for a signal to occur! NOTE: Before placing a trade, it's often best to also assess the market conditions at that time also - and not rely solely on the signals, the signals are to assist, and it's often occurred a signal has shown, but a pull-back occurs, and a FVG in discount holds -- it's this FVG holding, accompanied by volume, that's the real entry, possibly. Tip: For the cleanest results, use the indicator during the most active sessions and always check multi-time-frame trend alignment before entering trades. Good Luck! :)
Pine Script® Indikator
von Troste_1
Volume EfficiencyThis indicator displays each candle's volume in an enhanced visual form, combining the amount of volume with the efficiency of the price movement. Each volume bar changes its color intensity based on: Higher efficiency (large price movement with low volume) → stronger color. Lower efficiency (high volume with little price movement) → weaker color. Additionally: Green: Bullish candles (close > open). Red: Bearish candles (close < open). The color reflects not only the volume but also how "easily" the price moved. The efficiency calculation is based on the actual body movement of the candle (abs(close - open)) divided by the total volume, dynamically adjusted to the maximum efficiency over the last N candles (configurable). Interpretation: Intensely green or red volume bars: clean and efficient movements (low resistance). Pale bars: market absorption or indecision (high volume but little price movement). Configurable parameter: Efficiency period: number of candles used to normalise the maximum efficiency.
Pine Script® Indikator
von nclopezo
Price Action Smart Money Concepts [BigBeluga]THE SMART MONEY CONCEPTS Toolkit The Smart Money Concepts [ BigBeluga ] is a comprehensive toolkit built around the principles of "smart money" behavior, which refers to the actions and strategies of institutional investors. The Smart Money Concepts Toolkit brings together a suite of advanced indicators that are all interconnected and built around a unified concept: understanding and trading like institutional investors, or "smart money." These indicators are not just randomly chosen tools; they are features of a single overarching framework, which is why having them all in one place creates such a powerful system. This all-in-one toolkit provides the user with a unique experience by automating most of the basic and advanced concepts on the chart, saving them time and improving their trading ideas. Real-time market structure analysis simplifies complex trends by pinpointing key support, resistance, and breakout levels. Advanced order block analysis leverages detailed volume data to pinpoint high-demand zones, revealing internal market sentiment and predicting potential reversals. This analysis utilizes bid/ask zones to provide supply/demand insights, empowering informed trading decisions. Imbalance Concepts (FVG and Breakers) allows traders to identify potential market weaknesses and areas where price might be attracted to fill the gap, creating opportunities for entry and exit. Swing failure patterns help traders identify potential entry points and rejection zones based on price swings. Liquidity Concepts, our advanced liquidity algorithm, pinpoints high-impact events, allowing you to predict market shifts, strong price reactions, and potential stop-loss hunting zones. This gives traders an edge to make informed trading decisions based on liquidity dynamics. 🔵 FEATURES The indicator has quite a lot of features that are provided below: Swing market structure Internal market structure Mapping structure Adjustable market structure Strong/Weak H&L Sweep Volumetric Order block / Breakers Fair Value Gaps / Breakers (multi-timeframe) Swing Failure Patterns (multi-timeframe) Deviation area Equal H&L Liquidity Prints Buyside & Sellside Sweep Area Highs and Lows (multi-timeframe) 🔵 BASIC DEMONSTRATION OF ALL FEATURES 1. MARKET STRUCTURE The preceding image illustrates the market structure functionality within the Smart Money Concepts indicator. ➤ Solid lines: These represent the core indicator's internal structure, forming the foundation for most other components. They visually depict the overall market direction and identify major reversal points marked by significant price movements (denoted as 'x'). ➤ Internal Structure: These represent an alternative internal structure with the potential to drive more rapid market shifts. This is particularly relevant when a significant gap exists in the established swing structure, specifically between the Break of Structure (BOS) and the most recent Change of High/Low (CHoCH). Identifying these formations can offer opportunities for quicker entries and potential short-term reversals. ➤ Sweeps (x): These signify potential turning points in the market where liquidity is removed from the structure. This suggests a possible trend reversal and presents crucial entry opportunities. Sweeps are identified within both swing and internal structures, providing valuable insights for informed trading decisions. ➤ Mapping structure: A tool that automatically identifies and connects significant price highs and lows, creating a zig-zag pattern. It visualizes market structure, highlights trends, support/resistance levels, and potential breakouts. Helps traders quickly grasp price action patterns and make informed decisions. ➤ Color-coded candles based on market structure: These colors visually represent the underlying market structure, making it easier for traders to quickly identify trends. ➤ Extreme H&L: It visualizes market structure with extreme high and lows, which gives perspective for macro Market Structure. 2. VOLUMETRIC ORDER BLOCKS Order blocks are specific areas on a financial chart where significant buying or selling activity has occurred. These are not just simple zones; they contain valuable information about market dynamics. Within each of these order blocks, volume bars represent the actual buying and selling activity that took place. These volume bars offer deeper insights into the strength of the order block by showing how much buying or selling power is concentrated in that specific zone. Additionally, these order blocks can be transformed into Breaker Blocks. When an order block fails—meaning the price breaks through this zone without reversing—it becomes a breaker block. Breaker blocks are particularly useful for trading breakouts, as they signal that the market has shifted beyond a previously established zone, offering opportunities for traders to enter in the direction of the breakout. Here's a breakdown: ➤ Bear Order Blocks (Red): These are zones where a lot of selling happened. Traders see these areas as places where sellers were strong, pushing the price down. When the price returns to these zones, it might face resistance and drop again. ➤ Bull Order Blocks (Green): These are zones where a lot of buying happened. Traders see these areas as places where buyers were strong, pushing the price up. When the price returns to these zones, it might find support and rise again. These Order Blocks help traders identify potential areas for entering or exiting trades based on past market activity. The volume bars inside blocks show the amount of trading activity that occurred in these blocks, giving an idea of the strength of buying or selling pressure. ➤ Breaker Block: When an order block fails, meaning the price breaks through this zone without reversing, it becomes a breaker block. This indicates a significant shift in market liquidity and structure. ➤ A bearish breaker block occurs after a bullish order block fails. This typically happens when there's an upward trend, and a certain level that was expected to support the market's rise instead gives way, leading to a sharp decline. This decline indicates that sellers have overcome the buyers, absorbing liquidity and shifting the sentiment from bullish to bearish. Conversely, a bullish breaker block is formed from the failure of a bearish order block. In a downtrend, when a level that was expected to act as resistance is breached, and the price shoots up, it signifies that buyers have taken control, overpowering the sellers. 3. FAIR VALUE GAPS: A fair value gap (FVG), also referred to as an imbalance, is an essential concept in Smart Money trading. It highlights the supply and demand dynamics. This gap arises when there's a notable difference between the volume of buy and sell orders. FVGs can be found across various asset classes, including forex, commodities, stocks, and cryptocurrencies. FVGs in this toolkit have the ability to detect raids of FVG which helps to identify potential price reversals. Mitigation option helps to change from what source FVGs will be identified: Close, Wicks or AVG. 4. SWING FAILURE PATTERN (SFP): The Swing Failure Pattern is a liquidity engineering pattern, generally used to fill large orders. This means, the SFP generally occurs when larger players push the price into liquidity pockets with the sole objective of filling their own positions. SFP is a technical analysis tool designed to identify potential market reversals. It works by detecting instances where the price briefly breaks a previous high or low but fails to maintain that breakout, quickly reversing direction. How it works: Pattern Detection: The indicator scans for price movements that breach recent highs or lows. Reversal Confirmation: If the price quickly reverses after breaching these levels, it's identified as an SFP. ➤ SFP Display: Bullish SFP: Marked with a green symbol when price drops below a recent low before reversing upwards. Bearish SFP: Marked with a red symbol when price rises above a recent high before reversing downwards. ➤ Deviation Levels: After detecting an SFP, the indicator projects white lines showing potential price deviation: For bullish SFPs, the deviation line appears above the current price. For bearish SFPs, the deviation line appears below the current price. These deviation levels can serve as a potential trading opportunity or areas where the reversal might lose momentum. With Volume Threshold and Filtering of SFP traders can adjust their trading style: Volume Threshold: This setting allows traders to filter SFPs based on the volume of the reversal candle. By setting a higher volume threshold, traders can focus on potentially more significant reversals that are backed by higher trading activity. SFP Filtering: This feature enables traders to filter SFP detection. It includes parameters such as: 5. LIQUIDITY CONCEPTS: ➤ Equal Lows (EQL) and Equal Highs (EQH) are important concepts in liquidity-based trading. EQL: A series of two or more swing lows that occur at approximately the same price level. EQH: A series of two or more swing highs that occur at approximately the same price level. EQLs and EQHs are seen as potential liquidity pools where a large number of stop loss orders or limit orders may be clustered. They can be used as potential reverse points for trades. This multi-period feature allows traders to select less and more significant EQL and EQH: ➤ Liquidity wicks: Liquidity wicks are a minor representation of a stop-loss hunt during the retracement of a pivot point: ➤ Buy and Sell side liquidity: The buy side liquidity represents a concentration of potential buy orders below the current price level. When price moves into this area, it can lead to increased buying pressure due to the execution of these orders. The sell side liquidity indicates a pool of potential sell orders below the current price level. Price movement into this area can result in increased selling pressure as these orders are executed. ➤ Sweep Liquidation Zones: Sweep Liquidation Zones are crucial for understanding market structure and potential future price movements. They provide insights into areas where significant market participants have been forced out of their positions, potentially setting up new trading opportunities. 🔵 USAGE & EXAMPLES The core principle behind the success of this toolkit lies in identifying "confluence." This refers to the convergence of multiple trading indicators all signaling the same information at a specific point or area. By seeking such alignment, traders can significantly enhance the likelihood of successful trades. MS + OBs The chart illustrates a highly bullish setup where the price is rejecting from a bullish order block (POC), while simultaneously forming a bullish Swing Failure Pattern (SFP). This occurs after an internal structure change, marked by a bullish Change of Character (CHoCH). The price broke through a bearish order block, transforming it into a breaker block, further confirming the bullish momentum. The combination of these elements—bullish order blocks, SFP, and CHoCH—creates a powerful bullish signal, reinforcing the potential for upward movement in the market. SFP + Bear OB This chart above displays a bearish setup with a high probability of a price move lower. The price is currently rejecting from a bear order block, which represents a key resistance area where significant selling pressure has previously occurred. A Swing Failure Pattern (SFP) has also formed near this bear order block, indicating that the price briefly attempted to break above a recent high but failed to sustain that upward movement. This failure suggests that buyers are losing momentum, and the market could be preparing for a move to the downside. Additionally, we can toggle on the Deviation Area in the SFP section to highlight potential levels where price deviation might occur. These deviation areas represent zones where the price is likely to react after the Swing Failure Pattern: BUY – SELL sides + EQL The chart showcases a bullish setup with a high probability of price breaking out of the current sell-side resistance level. The market structure indicates a formation of Equal Lows (EQL), which often suggests a build-up of liquidity that could drive the price higher. The presence of strong buy-side pressure (69%), indicated by the green zone at the bottom, reinforces this bullish outlook. This area represents a key support zone where buyers are outpacing sellers, providing the foundation for a potential upward breakout. EQL + Bull ChoCh This chart illustrates a potential bullish setup, driven by the formation of Equal Lows (EQL) followed by a bullish Change of Character (CHoCH). The presence of Equal Lows often signals a liquidity build-up, which can lead to a reversal when combined with additional bullish signals. Liquidity grab + Bull ChoCh + FVGs This chart demonstrates a strong bullish scenario, where several important market dynamics are at play. The price begins its upward momentum from Liquidity grab following a bullish Change of Character (CHoCH), signaling the transition from a bearish phase to a bullish one. As the price progresses, it performs liquidity grabs, which serve to gather the necessary fuel for further movement. These liquidity grabs often occur before significant price surges, as large market participants exploit these areas to accumulate positions before pushing the price higher. The chart also highlights a market imbalance area, showing strong momentum as the price moves swiftly through this zone. In this examples, we see how the combination of multiple “smart money” tools helps identify a potential trade opportunities. This is just one of the many scenarios that traders can spot using this toolkit. Other combinations—such as order blocks, liquidity grabs, fair value gaps, and Swing Failure Patterns (SFPs)—can also be layered on top of these concepts to further refine your trading strategy. 🔵 SETTINGS Window: limit calculation period Swing: limit drawing function Mapping structure: show structural points Algorithmic Logic: (Extreme-Adjusted) Use max high/low or pivot point calculation Algorithmic loopback: pivot point look back Show Last: Amount of Order block to display Hide Overlap: hide overlapping order blocks Construction: Size of the order blocks Fair value gaps: Choose between normal FVG or Breaker FVG Mitigation: (close - wick - avg) point to mitigate the order block/imbalance SFP lookback: find a higher / lower point to improve accuracy Threshold: remove less relevant SFP Equal H&L: (short-mid-long term) display longer term Liquidity Prints: Shows wicks of candles where liquidity was grabbed Sweep Area: Identify Sweep Liquidation areas By combining these indicators in one toolkit, traders are equipped with a comprehensive suite of tools that address every angle of the Smart Money Concept. Instead of relying on disparate tools spread across various platforms, having them integrated into a single, cohesive system allows traders to easily see confluence and make more informed trading decisions.
Pine Script® Indikator
von BigBeluga
124
Volume Spread Analysis [Ahmed]Greetings everyone, I'm thrilled to present a Pine Script I've crafted for Volume Spread Analysis (VSA) Indicator. This tool is aimed at empowering you to make smarter trading choices by scrutinizing the volume spread across a specified interval. The script delivers a comparative volume analysis, permitting you to fix the type and length of the moving average. It subsequently delineates the moving average (MA), MA augmented by 1 standard deviation (SD), and MA increased by 2 SD. You can fully personalize the color coding for these echelons. Volume Spread Analysis is an analytical technique that scrutinizes candles and the volume per candle to predict price direction. It considers the volume per candle, the spread range, and the closing price. To effectively leverage VSA, you need to adhere to a few steps: 1. Ensure you use candlesticks for trading. Other chart types like line, bar, and renko charts may not yield optimal results. 2. Confirm that your broker provides reliable volume data. 3. Be mindful of the chart's timeframe. Volume analysis may not be effective on very short timeframes such as a minute chart. I recommend using daily, weekly, or monthly charts. Another tip is to examine the spread between the price bars and the volume bars to discern the trend. The script not only makes it easier to integrate these principles into your trading but also brings precision and convenience to your analysis. Please remember to adhere to Tradinview terms of service when using the script. Happy trading!
Pine Script® Indikator
von aothmaan
Interactive MA Stop Loss [TANHEF]This indicator is "Interactive." Once added to the chart, you need to click the start point for the moving average stoploss. Dragging it afterward will modify its position. Why choose this indicator over a traditional Moving Average? To accurately determine that a wick has crossed a moving average, you must examine the moving average's range on that bar (blue area on this indicator) and ensure the wick fully traverses this area. When the price moves away from a moving average, the average also shifts towards the price. This can make it look like the wick crossed the average, even if it didn't. How is the moving average area calculated? For each bar, the moving average calculation is standard, but when the current bar is involved, its high or low is used instead of the close. For precise results, simply setting the source in a typical moving average calculation to 'Low' or 'High' is not sufficient in calculating the moving average area on a current bar. Moving Average Options: Simple Moving Average Exponential Moving Average Relative Moving Average Weighted Moving Average Indicator Explanation After adding indicator to chart, you must click on a location to begin an entry. The moving average type can be set and length modified to adjust the stoploss. An optional profit target may be added. A symbol is display when the stoploss and profit target are hit. If a position is create that is not valid, "Overlapping MA and Bar" is displayed. Alerts 'Check' alerts to use within indicator settings (stop hit and/or profit target hit). Select 'Create Alert' Set the condition to 'Interactive MA'' Select create. Alert messages can have additional details using these words in between two Curly (Brace) Brackets: {{stop}} = MA stop-loss (price) {{upper}} = Upper MA band (price) {{lower}} = Lower MA band (price) {{band}} = Lower or Upper stoploss (word) {{type}} = Long or Short stop-loss (word) {{stopdistance}} = Stoploss Distance (%) {{targetdistance}} = Target Distance (%) {{starttime}} = Start time of stoploss (day:hour:minute) {{maLength}} = MA Length (input) {{maType}} = MA Type (input) {{target}} = Price target (price) {{trigger}} = Wick or Close Trigger input (input) {{ticker}} = Ticker of chart (word) {{exchange}} = Exchange of chart (word) {{description}} = Description of ticker (words) {{close}} = Bar close (price) {{open}} = Bar open (price) {{high}} = Bar high (price) {{low}} = Bar low (price) {{hl2}} = Bar HL2 (price) {{volume}} = Bar volume (value) {{time}} = Current time (day:hour:minute) {{interval}} = Chart timeframe {{newline}} = New line for text I will add further moving averages types in the future. If you suggestions post them below.
Pine Script® Indikator
von TanHef
2
Limit Order + ATR Stop-Loss [TANHEF]This indicator enables interactive placement of limit or stop-limit orders with a trailing ATR stop-loss and optional profit target (with alerts). Refer to the images below for further clarification. Why use a trailing stop-loss? A trailing stop-loss serves as an exit strategy when price moves against you, while also allowing you to adjust the exit point further into profit when price moves favorably. The ATR (Average True Range), a reliable measure of volatility, acts as an effective risk management tool, functioning as a trailing stop-loss. Indicator Explanation Initial indicator placement: Select Long Limit or Long-Stop Limit order. Change Entry Type: Switch between Long and Short within settings. Modify entry price: Drag circle, adjust in settings, or re-add indicator to chart. Optional Profit Target: Use Risk/Reward ratio or specify price. Entry anticipation: Estimated ATR stop-loss and profit target as blue circles (fluctuates with volatility changes). Entry triggered: Actual ATR stop-loss and profit target plotted. Exit conditions: Stop-loss or profit target hit, exit entry. Update Frequency: Continuously, Bar Open, or Bar Open on entry then continuously. ATR Overlap: no entry occurs if the ATR overlaps with price (stop-loss 'hit' already on entry bar) Table: Displays input settings selected. Show Only On Ticker: Ability to hide indicator on other tickers. Long Limit Long Stop-Limit Short Limit Short Stop-Limit Alerts 1. 'Check' alerts to use within indicator settings (entry, trailing stop hit, profit target hit, and failed entry). 2. Select 'Create Alert' 3. Set the condition to 'Limit Order + ATR Stop-Loss'' 4. Select create. Additional details can be added to the alert message using these words in between Curly (Brace) Brackets: {{trail}} = ATR trailing stop-loss (price) {{target}} = Price target (price) {{type}} = Long or Short stop-loss (word) {{traildistance}} = Trailing Distance (%) {{targetdistance}} = Target Distance (%) {{starttime}} = Start time of position (day:hr:min) {{maxdrawdown}} = max loss {{maxprofit}} = max profit {{update}} = stoploss update frequency {{entrysource}} = entry as 1st bar source (yes/no) {{triggerentry}} = Wick/Close Trigger entry input {{triggerexit}} = Wick/Close Trigger exit input {{triggertarget}} = Wick/Close Trigger target input {{atrlength}} = ATR length input {{atrmultiplier}} = ATR multiplier input {{atrtype}} = ATR type input {{ticker}} = Ticker of chart (word) {{exchange}} = Exchange of chart (word) {{description}} = Description of ticker (words) {{close}} = Bar close (price) {{open}} = Bar open (price) {{high}} = Bar high (price) {{low}} = Bar low (price) {{hl2}} = Bar HL2 (price) {{volume}} = Bar volume (value) {{time}} = Current time (day:hr:min) {{interval}} = Chart timeframe {{newline}} = New line for text
Pine Script® Indikator
von TanHef
25
Stacked Bullish vs Bearish VolumeThis indicator visually represents buying (bullish) and selling (bearish) pressure within each candle by stacking both portions inside a single volume bar. Unlike traditional volume indicators that use only one color per bar, this script splits each volume bar into two segments: Green portion (Bullish Volume) → Represents the buying pressure when the price moves up. Red portion (Bearish Volume) → Represents the selling pressure when the price moves down. By stacking buy and sell volume inside the same column, traders can easily assess the balance of buying vs selling activity within each trading session. Stacking the Bars: The bullish portion (green) is plotted first. The bearish portion (red) is plotted slightly offset to create a stacked effect.
Pine Script® Indikator
von chucklecoq
4
Volume: Brightness + Multi-Color (Unified)This indicator combines two volume visualization techniques in one: Auto Brightness: Volume bars automatically adjust their brightness based on relative activity, blending moving average ratio and historical min–max levels for smoother scaling. Multi-Color Bars: Each volume bar can display both buy (green) and sell (red) pressure simultaneously, giving a clearer picture of market balance. Additional features: Toggle brightness and multi-color independently. Optional volume MA (SMA/EMA) with customizable length and style. Session normalization option for stocks (open/close reference volumes). Ideal for traders who want a more intuitive and informative view of market volume dynamics.
Pine Script® Indikator
von lamatcrypto
1
Institutional Volume Footprint ProOVERVIEW The Institutional Volume Footprint Pro is a comprehensive volume analysis indicator designed to identify institutional trading activity and significant volume patterns. Based on the proven Pocket Pivot Volume methodology by Chris Kacher and Gil Morales, this indicator has been enhanced with multiple additional volume analysis techniques to provide traders with a complete picture of smart money movements. KEY FEATURES 1. Pocket Pivot Volume (PPV) Detection - Identifies bullish volume patterns where current volume exceeds the highest down-day volume of the past 10 days - Blue volume bars with "PPV" labels mark potential institutional accumulation - Customizable lookback period (5-20 days) 2. Pivot Negative Volume (PNV) Detection - Spots bearish volume patterns where selling volume exceeds recent up-day volumes - Orange bars with "PNV" labels indicate potential institutional distribution - Early warning system for trend reversals 3. Advanced Institutional Patterns - Accumulation Detection (Aqua): High volume with narrow price range - classic stealth accumulation - Churning/Distribution (Yellow): Heavy volume with minimal price progress - potential topping pattern - Volume Dry-up (Purple): Extremely low volume periods that often precede significant moves - Volume Climax (Fuchsia): Extreme volume spikes signaling potential exhaustion 4. Real-time Analytics Dashboard - Relative Volume: Current volume compared to 10-day average - Volume vs MA: Multiple of current volume to selected moving average - Price Range Analysis: Narrow/Normal/Wide range classification 5. Accumulation/Distribution Trend - Background coloring shows overall money flow direction - Green tint: Net accumulation phase - Red tint: Net distribution phase HOW TO USE Entry Signals: - PPV (Blue): Consider long positions when price breaks above resistance with PPV confirmation - Accumulation (Aqua): Watch for breakouts following multiple accumulation days - Volume Dry-up (Purple): Prepare for potential explosive moves Exit/Warning Signals: - PNV (Orange): Consider taking profits or tightening stops - Churning (Yellow): Distribution may be occurring despite stable prices - Volume Climax (Fuchsia): Potential reversal point - extreme caution advised CUSTOMIZATION OPTIONS Analysis Parameters: - PPV Lookback Period (5-20 days) - Volume MA Length & Type (SMA/EMA/WMA) - Relative Volume Threshold - Climax Volume Multiplier Visual Controls: - Toggle Info Table display - Enable/disable individual label types (PPV, PNV, ACC) - Show/hide volume moving averages - Control A/D trend background - Customize threshold lines BUILT-IN ALERTS - Pocket Pivot Volume detected - Pivot Negative Volume detected - Institutional Accumulation pattern - Volume Climax warning - Volume Dry-up alert PRO TIPS 1. Combine with Price Action: Volume confirms price - look for PPV at breakouts and PNV at breakdowns 2. Multiple Timeframes: Check daily and weekly charts for confluence 3. Relative Volume Matters: Patterns are stronger when relative volume > 1.5x 4. Watch for Divergences: Price up with decreasing volume = weakness COLOR LEGEND - Blue: Pocket Pivot Volume (Bullish) - Orange: Pivot Negative Volume (Bearish) - Aqua: Institutional Accumulation - Yellow: Churning/Distribution - Purple: Volume Dry-up - Fuchsia: Volume Climax - Green: Above-average up volume - Red: Above-average down volume - Gray: Below-average volume EDUCATIONAL BACKGROUND This indicator implements concepts from: - "Trade Like an O'Neil Disciple" by Gil Morales & Chris Kacher - William O'Neil's volume analysis principles - Richard Wyckoff's accumulation/distribution methodology Happy Trading! May the volume be with you!
Pine Script® Indikator
von padavans
2
Volume Bulls vs Bears (Improved)The "Volume Bulls vs Bears (Improved)" is a raw and powerful volume-based indicator for TradingView that visualizes market participation by separating volume into "bullish" and "bearish" components. It provides a clear and visually appealing stacked histogram alongside a moving average of total volume, helping traders identify trends in market participation. Key Features Bullish vs Bearish Volume Separation: Bullish Volume: Represents the portion of volume contributed by buyers (when prices move up). Bearish Volume: Represents the portion of volume contributed by sellers (when prices move down). Volume is calculated based on price action within the range of the candle: Bulls = ((Close - Low) / (High - Low)) * Total Volume Bears = ((High - Close) / (High - Low)) * Total Volume Stacked Histogram: Bullish and bearish volumes are plotted as a stacked histogram. Bull Color: Green (default). Bear Color: Red (default). This makes it easy to spot shifts in volume dominance between bulls and bears. Volume SMA: A Simple Moving Average (SMA) of total volume over a user-defined period helps smooth out fluctuations and shows overall volume trends. Default period is 20 bars. SMA Line: Yellow (default), adjustable in width. User-Customizable Inputs: Volume SMA Period: Adjust the lookback period for the moving average. Bull/Bear Colors: Customizable histogram colors. SMA Line Color and Width: Allows flexibility for better chart aesthetics. Non-Overlapping Visuals: The histogram avoids overlap, ensuring clarity by visually stacking bullish and bearish volumes. How to Use the Indicator Identify Bullish Volume Dominance: If the green (bullish) volume bars are larger, it indicates stronger buying pressure within the candle range. Identify Bearish Volume Dominance: If the red (bearish) volume bars are larger, it signals stronger selling pressure. Volume Trend: Use the Volume SMA line to identify whether overall volume is increasing, decreasing, or staying stable. Rising volume typically strengthens trends, while declining volume can indicate weakness. Use Cases Spotting volume trends that confirm price movements (e.g., rising prices with rising bullish volume). Recognizing potential reversals when bearish volume starts dominating previously bullish candles. Identifying accumulation or distribution phases by analyzing volume behavior. Conclusion This "Volume Bulls vs Bears (Improved)" indicator provides traders with deeper insights into market participation. Its raw, no-frills design offers clear visuals to help assess bullish and bearish volume dynamics with an additional smoothing component through the SMA. It’s an essential tool for volume-focused traders looking to confirm trends or anticipate reversals.
Pine Script® Indikator
von gotmoney96
3
Dollar Volume DivergenceOverview The Dollar Volume Profile and Divergence Indicator is a comprehensive tool designed to analyze both standard volume and dollar volume activity in the market. It visualizes dollar volume (calculated as close * volume) and highlights divergences between dollar volume and standard volume, providing insights into underlying market dynamics that aren't immediately visible with traditional volume analysis. Key Features Dollar Volume Profile: Plots dollar volume as a histogram. Highlights high-dollar volume bars in green (indicating significant trading activity). Includes an optional average dollar volume line to show trends over time. Volume-Divergence Analysis: Calculates the difference (divergence) between dollar volume and standard volume. Displays positive divergence (dollar volume > standard volume) in green and negative divergence (dollar volume < standard volume) in red. Supports both histogram and boolean point visualization for divergence, offering flexibility in how the data is displayed. Customizable Visualization: Users can toggle between a Histogram or Boolean Points for divergence visualization. Option to enable or disable the dollar volume profile and its average line. Adjustable length parameter to fine-tune sensitivity for averages and divergences. Use Cases Volume Confirmation: Analyze whether dollar volume aligns with standard volume to confirm strong price movements. Divergence Detection: Identify areas where dollar volume and standard volume deviate, which may signal potential reversals or exhaustion in a trend. Market Strength Analysis: Assess the intensity of trading activity at specific price levels to determine key areas of interest. How It Works Dollar Volume Calculation: Dollar volume is derived by multiplying the close price by the volume for each bar. A moving average of dollar volume is used to determine relative activity levels. Divergence Calculation: The script calculates the difference between dollar volume and standard volume. Positive values indicate that dollar volume exceeds standard volume, suggesting institutional or larger-scale trades. Negative values highlight areas of lower dollar volume compared to standard volume. Visualization: The Dollar Volume Profile is displayed as a histogram, with high-dollar volume bars highlighted. Divergences are overlaid as either a histogram or triangle markers, depending on user preference. Average lines (optional) provide smoother trends for both dollar volume and divergence. Customization Options Length: Adjusts the period for moving average calculations. Plot Style: Choose between Histogram or Boolean Points for divergence visualization. Toggle Visibility: Enable or disable the Dollar Volume Profile and its average line for a cleaner chart. Why Use This Indicator? This indicator bridges the gap between traditional volume analysis and dollar volume analysis, offering deeper insights into market behavior. By combining these metrics, traders can detect nuanced patterns, validate trends, and identify divergences that may signal market turning points or continuation. Best Practices Use this indicator in conjunction with price action and other technical indicators for confirmation. Look for divergences in high-dollar volume areas to detect potential trend reversals. Analyze the interaction between the dollar volume profile and divergence histogram for a comprehensive view of market activity. Important Notice: Trading financial markets involves significant risk and may not be suitable for all investors. The use of technical indicators like this one does not guarantee profitable results. This indicator should not be used as a standalone analysis tool. It is essential to combine it with other forms of analysis, such as fundamental analysis, risk management strategies, and awareness of current market conditions. Always conduct thorough research or consult with a qualified financial advisor before making trading decisions. Past performance is not indicative of future results. Disclaimer: Trading financial instruments involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. This indicator is provided for informational and educational purposes only and should not be considered investment advice. Always conduct your own research and consult with a licensed financial professional before making any trading decisions. Note: The effectiveness of any technical indicator can vary based on market conditions and individual trading styles. It's crucial to test indicators thoroughly using historical data and possibly paper trading before applying them in live trading scenarios.
Pine Script® Indikator
von DinoTradez
Gross and Net LTF Volume + Trailing Percentile Sessions CVOL Hi Traders ! Gross volume, net lower time frame (LTF) volume and trailing session percentile Cumulative session volume: The code calculates and plots the following volume indicators: Volume (Gross Volume): The total volume for the current bar. Net lower time frame volume: The difference between the buy and sell volumes of the lower time frame. Cumulative daily session volume: The cumulative sum of the volume for the current day. Percentile Cumulative daily session volume: The percentile of the cumulative daily session volume (calculated on a rolling basis). The above indicators may be plotted exclusively or exclusively. Why is Volume important: Volume is the number of shares or contracts traded (of a financial asset) during a given time period (timeframe). It is a crucial indicator in technical analysis and quantitative trading, as volume helps in identifying Price Confirmation: Volume confirms price movements by indicating the level of interest and participation in the market. When prices move significantly, accompanied by strong volume, it suggests that the movement is likely to be sustained. Conversely, if prices move without significant volume, it suggests that the movement may be temporary or lacking conviction. Trend Strength: Volume can help identify the strength and direction of a trend. During an uptrend, increasing volume alongside price increases indicates that the upward momentum is gaining traction. Conversely, decreasing volume during an uptrend suggests that the upward momentum may be weakening. Reversal Points: Sharp volume spikes in the opposite direction of the prevailing trend can signal a potential reversal point. This is because large volume indicates a significant shift in trader sentiment, suggesting that the trend may be changing direction. Liquidity: High volume indicates that a security is liquid, meaning that it can be easily bought and sold without significant price impact. Liquidity is important for traders who want to execute large orders without significantly affecting the market price. For example, suppose we want to identify positive price confirmation and positive trend strength, in this case we may use the CVOL (with trailing percentile). The above image showcases price expansion conditional on high positive volume (increasing CVOL), The price expansion also exhibits Volume confluences (the colored bars). Positive Confluence: Increase in positive total volume and an increase in positive lower time frame volume in relative and absolute terms. Negative Confluence : Increase in negative total volume and an increase in negative lower time frame volume in relative and absolute terms. Also note how the percentile color does not change, this means that the new volume bars are > than the highest percentile (80%) of volume values from the beginning of the session.
Pine Script® Indikator
von Amjad_S
Buy/Sell EMA CandleThis indicator is designed to display various technical indicators, candle patterns, and trend directions on a price chart. Let's break down the code and explain its different sections: Exponential Moving Averages (EMA): The code calculates and plots five EMAs of different lengths (13, 21, 55, 90, and 200) on the price chart. These EMAs are used to identify trends and potential crossovers. Engulfing Candle Patterns: The code identifies and highlights potential bullish and bearish engulfing candle patterns. It checks if the current candle's body size is larger than the combined body sizes of the previous and subsequent four candles. If this condition is met, it marks the pattern on the chart. s3.tradingview.com EMA Crossovers: The code identifies and highlights points where the shorter EMA (ema1) crosses above or below the longer EMA (ema2). It plots circles to indicate these crossover points. Candle Direction and RSI Trend: The code determines the trend direction of the last candle based on whether it closed higher or lower than its open price. It also calculates the RSI (Relative Strength Index) and determines its trend direction (overbought, oversold, or neutral) based on predefined thresholds. s3.tradingview.com Table Display: The code creates a table displaying trend directions for different timeframes (monthly, weekly, daily, 4-hour, and 1-hour) for candle direction and RSI trends. The trends are labeled with "L" for long, "S" for short, and "N/A" for not applicable. High Volume Bars (HVB): The code identifies and colors bars with above-average volume as either bullish or bearish based on whether the price closed higher or lower than it opened. The color and conditions for high volume bars can be customized. s3.tradingview.com Doji Candle Pattern: The code identifies and marks doji candle patterns, where the open and close prices are very close to each other within a certain percentage of the candle's high-low range. RSI-Based Candle Coloring: The code adjusts the color of the candles based on the RSI value. If the RSI value is above the overbought threshold or below the oversold threshold, the candles are colored yellow. Usage and Interpretation: Traders can use this indicator to identify potential trend changes based on EMA crossovers and candle patterns like engulfing and doji. The RSI trend direction can provide additional insight into potential overbought or oversold conditions. High volume bars can indicate potential price reversals or continuation patterns. The table provides an overview of trend directions on different timeframes for both candle direction and RSI trends. Keep in mind that this is a complex indicator with multiple features. Users should carefully evaluate its performance and consider combining it with other indicators and analysis methods for more accurate trading decisions. The table is designed to provide a consolidated view of trend directions and other indicators across multiple timeframes. It is displayed on the chart and organized into rows and columns. Each row corresponds to a specific aspect of analysis, and each column corresponds to a different timeframe. Here's a breakdown of the components of the table: Row 1: Separation. Row 2 (Header Row): This row contains the headers for the columns. The headers represent the different timeframes being analyzed, such as Monthly (M), Weekly (W), Daily (D), 4-hour (4h), and 1-hour (1h). Row 3 (Content Row): This row contains labels indicating the types of information being displayed in the columns. The labels include "T" for Trend, "C" for Current Candle, and "R" for RSI Trend. Row 4 and Onwards: These rows display the actual data for each aspect of analysis across different timeframes. For each aspect of analysis (Trend, Current Candle, RSI Trend), the corresponding rows display the following information: Monthly (M): The trend direction for the given aspect on the monthly timeframe. Weekly (W): The trend direction for the given aspect on the weekly timeframe. Daily (D): The trend direction for the given aspect on the daily timeframe. 4-hour (4h): The trend direction for the given aspect on the 4-hour timeframe. 1-hour (1h): The trend direction for the given aspect on the 1-hour timeframe. The trend directions are represented by labels such as "L" for Long, "S" for Short, or "N/A" for Not Applicable. The table's purpose is to provide a quick overview of trend directions and related information across multiple timeframes, aiding traders in making informed decisions based on the analysis of trend changes and other indicators.
Pine Script® Indikator
von AleSaira
7
Volume Stress Level V2Volume Stress Level V2, is designed to provide a nuanced view of "RECENT" trading volume by identifying different levels of volume stress relative to a smoothed average. Key Features: Dynamic Volume Stress Calculation: The indicator calculates volume stress based on a Simple Moving Average (SMA) of volume and its standard deviation. The length of the SMA and the multiplier for the standard deviation are fully customizable, allowing you to adapt the indicator to different market conditions and trading styles. Visual Volume Zones: The script visually categorizes volume into distinct zones: Low Volume Zone: Represented by a white background, indicating periods of lower-than-average trading activity. Normal Volume Zone: Highlighted in blue, signifying typical trading volume. Medium Volume Zone: Displayed in yellow, denoting a moderate increase in volume. High Volume Zone: Shown in orange, indicating significant volume spikes. Spike Volume Zone: Marked in black, representing extreme volume events. Customizable Background: You have the option to enable or disable the colored background fill for these volume zones, providing flexibility in how you visualize the data. Bar Coloring: The volume bars themselves are color-coded according to the identified volume stress level, offering an immediate visual cue on your chart. Adjustable Parameters: VSL Length: Controls the lookback period for the SMA and standard deviation calculations. Multiplier: Adjusts the sensitivity of the standard deviation bands, thereby influencing the width of the volume zones. How to Use: This indicator can be valuable for identifying potential shifts in market sentiment, confirming breakouts, or spotting periods of accumulation and distribution. By observing the transitions between volume zones, traders can gain insights into the conviction behind price movements.
Pine Script® Indikator
von TaylorTAL
VWAP Volume Profile [BigBeluga]🔵 OVERVIEW VWAP Volume Profile is an advanced hybrid of the VWAP and volume profile concepts. It visualizes how volume accumulates relative to VWAP movement—separating rising (+VWAP) and declining (−VWAP) activity into two mirrored horizontal profiles. It highlights the dominant price bins (POCs) where volume peaked during each directional phase, helping traders spot hidden accumulation or distribution zones. 🔵 CONCEPTS VWAP-Driven Profiling: Unlike standard volume profiles, this tool segments volume based on VWAP movement—accumulating positive or negative volume depending on VWAP slope. Dual-Sided Profiles: Profiles expand horizontally to the right of price. Separate bins show rising (+) and falling (−) VWAP volume. Bin Logic: Volume is accumulated into defined horizontal bins based on VWAP’s position relative to price ranges. Gradient Coloring: Volume bars are colored with a dynamic gradient to emphasize intensity and direction. POC Highlighting: The highest-volume bin in each profile type (+/-) is marked with a transparent box and label. Contextual VWAP Line: VWAP is plotted and dynamically colored (green = rising, orange = falling) for instant trend context. Candle Overlay: Price candles are recolored to match the VWAP slope for full visual integration. 🔵 FEATURES Dual-sided horizontal volume profiles based on VWAP slope. Supports rising VWAP , falling VWAP , or both simultaneously. Customizable number of bins and lookback period. Dynamically colored VWAP line to show rising/falling bias. POC detection and labeling with volume values for +VWAP and −VWAP. Candlesticks are recolored to match VWAP bias for intuitive momentum tracking. Optional background boxes with customizable styling. Adaptive volume scaling to normalize bar length across markets. 🔵 HOW TO USE Use POC zones to identify high-volume consolidation areas and potential support/resistance levels. Watch for shifts in VWAP direction and observe how volume builds differently during uptrends and downtrends. Use the gradient profile shape to detect accumulation (widening volume below price) or distribution (above price). Use candle coloring for real-time confirmation of VWAP bias. Adjust the profile period or bin count to fit your trading style (e.g., intraday scalping or swing trading). 🔵 CONCLUSION VWAP Volume Profile merges two essential concepts—volume and VWAP—into a single, high-precision tool. By visualizing how volume behaves in relation to VWAP movement, it uncovers hidden dynamics often missed by traditional profiles. Perfect for intraday and swing traders who want a more nuanced read on market structure, trend strength, and volume flow.
Pine Script® Indikator
von BigBeluga
17