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High Low Reversal This bot makes use of an algorithm which detects new highs and lows. When doing long trades, the bot will trigger a buy order on a newly made low. When making shorts, the bot will trigger a short trade on new highs. Currently, the bot is optimized for cryptocurrencies on the M15 time frame. With the right amount of leverage and portfolio optimization this bot can obtain very strong results. Feel free to optimize it to your own liking on different assets and/or time frames. This bot performs exceptionally well in trending markets. Currently, it's only making long trades, but you can make it do short trades in the control panel. The settings of the back test as follows: starting capital = 100k leverage = 1 commission = 0.2% Equity per trade = 50%. Since the bot only makes one trade at a time you can allow it to use a bigger portion of your balance per trade. I've also made a study-script for easy implementation on the exchange. You get that script once you get access to this bot.
Pine Script® Strategie
von FieryTrading
45
RTH High Low Guardian-Pro# RTH Guardian - User Guide ## Overview RTH Guardian is a sophisticated intraday trading indicator designed for Regular Trading Hours (RTH) sessions on futures markets like NQ and ES. It tracks the session's highest high and lowest low candles, creating dynamic support and resistance zones while providing real-time quality metrics to help you make informed trading decisions. Think of this indicator as your trading guardian - it watches over the market structure during RTH, identifies key levels, and warns you when conditions might be unfavorable for entry. --- ## Core Concept: The Three-Line System When a new session high or low is established, the indicator creates three horizontal lines: ### For Highs (Short Setup): - **Red Line (High)**: The absolute high of the breakout candle - **Green Line (Low)**: The low of that same breakout candle - **Blue Line (HL/2)**: The midpoint - your potential entry zone for shorts ### For Lows (Long Setup): - **Green Line (Low)**: The absolute low of the breakout candle - **Red Line (High)**: The high of that same breakout candle - **Blue Line (HL/2)**: The midpoint - your potential entry zone for longs The philosophy is simple: trade from the middle, not the extremes. The HL/2 line represents a balanced entry point where you're neither chasing the high/low nor entering too early. --- ## Understanding the Label Metrics Each HL/2 line displays a floating label with five key pieces of information: ### 💲 Price The exact price level of the HL/2 midpoint. This is your potential entry price. **Example**: `💲 21450.75` ### 🛑 Delta (Δ) The distance between the HL/2 and the opposite extreme of the breakout candle. - **For shorts**: Distance from HL/2 to the candle's low - **For longs**: Distance from HL/2 to the candle's high This tells you how much "room" you have for the trade to breathe. A larger delta generally means more tolerance for adverse movement. **Example**: `🛑 Δ 15.50` (15.50 points of room) ### ⏰ Time Since Last Hit How many bars ago the HL/2 level was last touched by price action. This is your "freshness" indicator. The longer price stays away from a level, the less relevant it becomes as immediate support/resistance. **Example**: `⏰ 3 bars ago` (Price tested this level 3 bars back) **Interpretation**: - 1-3 bars: Very fresh, high relevance - 4-8 bars: Cooling off - 9+ bars: Level is aging, price has moved on ### 🎯 Hit Percentage The quality metric. Shows how many times the HL/2 has been tested out of the total bars since creation. **Formula**: (Number of hits / Total bars) × 100 **Example**: `🎯 2/5 = 40.0%` **Color Coding** (when "Use Quality Color" is enabled): - **Gray** (0%): Untested, no data yet - **Blue** (<20%): Low interaction, level mostly ignored - **Green** (20-39%): Moderate quality, decent level - **Yellow** (40-59%): High interaction, strong level - **Red** (≥60%): Excessive grinding, potential chop zone **Trading Insight**: Green and Blue zones often represent the best risk/reward opportunities. Yellow and Red suggest the market is struggling with the level - proceed with caution or avoid. ### 🚀 Breakaway Status Tracks momentum away from the level - a one-time event that never updates. **For Highs (Short)**: First candle where the **high** drops below the HL/2 **For Lows (Long)**: First candle where the **low** rises above the HL/2 **Example**: `🚀 1st B-away` (Breakaway achieved on the very first candle) **Interpretation**: - **1st-2nd B-away**: Explosive momentum, strong directional move - **3rd-5th B-away**: Healthy progression away from level - **6th+ B-away**: Slower momentum, level still has gravity - **No B-away**: Price keeps returning to level, not breaking free Early breakaway (1st-3rd) suggests the level is being respected and momentum is strong in the opposite direction. Late or no breakaway suggests the level is "sticky" and might still be in play. --- ## The Guardian Analysis Table The table in the corner provides a macro view of market conditions with three sections: ### Chop Zone Analysis (Top) Detects when price is trapped between the High's Low and Low's High - a range-bound danger zone. **Status Indicators**: - **Clear** (Green): Clean trending conditions, no overlap - **Wide Range** (Yellow): Some overlap but tradeable - **TIGHT CHOP** (Orange): Dangerous grinding between levels **Example**: `Chop: TIGHT CHOP (4x)` - Price has bounced between the zones 4 times. Stay out or trade breakouts only. ### SHORT Section (Red) Metrics for potential short setups from the High's HL/2: - **Seq-H (Sequential Highs)**: How many consecutive higher highs have formed - Green (<5): Healthy trending - Yellow (5-9): Extended, caution - Red (≥10): Severely overextended - **MFE (Maximum Favorable Excursion)**: Best profit potential if you shorted from HL/2 - Green (>100% of Δ): Excellent movement - Blue (50-100%): Good movement - Orange (<50%): Limited movement - **MAE (Maximum Adverse Excursion)**: Worst drawdown if you shorted from HL/2 - Green (<50% of Δ): Minimal heat - Yellow (50-80%): Moderate heat - Red (>80%): Significant heat taken ### LONG Section (Green) Mirror metrics for potential long setups from the Low's HL/2. Same interpretation as SHORT section but for long positions. --- ## Trading Psychology: What This Indicator Teaches You ### The Cave Diving Parallel Just as a cave diver checks their air supply, depth, and safety lines before proceeding deeper, RTH Guardian asks you to check your trading environment before taking a position: 1. **Air Supply = Delta**: Do you have enough room for the trade to work? 2. **Depth Gauge = Hit Percentage**: Is this level quality or are you diving into murky waters? 3. **Safety Line = Breakaway**: Is there momentum carrying price away from danger? 4. **Visibility = Chop Status**: Can you see clearly or is it too stirred up? ### Self-Sabotage Patterns It Reveals **Pattern 1: Chasing** If you're tempted to enter when "bars ago" shows 0-1 and hit percentage is already Yellow/Red, you're chasing a grinding level. The indicator is warning you: "This level is being fought over. Choose another entry or wait." **Pattern 2: Entering Extended Moves** Sequential highs/lows in Red territory means you're late to the party. The mountain metaphor applies: you're trying to summit a peak when you should have started at base camp. **Pattern 3: Ignoring the Chop** Trading when "TIGHT CHOP" shows is like trying to swim against a riptide. The indicator is literally telling you the market is trapped. Step aside. **Pattern 4: Disrespecting Momentum** "No B-away" after many bars means price won't leave the level alone. That's the market telling you the battle isn't decided. Don't force a directional bias. --- ## Optimal Usage Workflow ### 1. Session Start (9:30 AM ET) Watch for the first high and low to establish. Don't rush - let the levels prove themselves. ### 2. Level Creation When a new high/low forms (indicated by red/green circles), observe: - Is the Delta substantial? (>10 points on NQ is generally good) - Check Guardian table: Are we in clear or chop conditions? ### 3. Wait for Quality Let the level develop. Watch the hit percentage and bars ago metrics update. **Ideal Entry Window**: - Hit percentage: Blue or Green zone - Bars ago: 2-5 (not too fresh, not too stale) - Breakaway: Achieved within 1st-3rd candle - Chop status: Clear - MFE showing good follow-through, MAE manageable ### 4. Avoid When - Chop status shows TIGHT CHOP - Hit percentage in Red zone (≥60%) - Sequential highs/lows ≥10 (severely extended) - No breakaway after 8+ candles - MAE significantly exceeds MFE ### 5. Position Management Use the Delta as your baseline for stops and targets: - Stop loss: Beyond the extreme (high/low line) - Target: At minimum 1× Delta, ideally 2× Delta from HL/2 --- ## Visual Indicators at a Glance ### Circles - **Red circle**: New session high established - **Green circle**: New session low established ### Background Shading - **Light red shade**: New high breakout zone - **Light green shade**: New low breakout zone - **Light gray shade**: Chop zone (price between High's Low and Low's High) ### Line Colors (Default) - **Red**: Extreme highs - **Green**: Extreme lows - **Blue**: Entry zones (HL/2 midpoints) --- ## Common Questions **Q: Why does the level sometimes update frequently?** A: During volatile sessions, new highs/lows form rapidly. This is normal. The Guardian table's Sequential count will warn you when it becomes excessive. **Q: What if both HIGH and LOW labels show high hit percentages?** A: You're in a consolidation phase. The Chop indicator should reflect this. Step aside and wait for a clean breakout. **Q: Can I use this on other timeframes?** A: Yes! The indicator allows you to select 1, 5, 15, 30, or 60-minute timeframes. However, it's designed for RTH sessions (9:30 AM - 4:00 PM ET), so it works best on instruments with distinct RTH hours. **Q: What's the difference between "bars ago" and breakaway?** A: "Bars ago" tracks the last time price tested the HL/2 level. Breakaway tracks whether price has definitively moved away from the level (one-time event). You can have a recent hit (bars ago = 1) but no breakaway if price keeps returning. **Q: Should I always wait for breakaway?** A: Not necessarily. Breakaway indicates momentum, which is favorable but not mandatory. However, if you see "No B-away" after 10+ candles, that's a red flag that the level lacks conviction. --- ## Advanced Tips ### 1. Confluence with Other Analysis RTH Guardian works best when combined with your existing analysis: - Use it to confirm entries from your primary system - Let it keep you out of low-quality setups - Treat it as a quality filter, not a standalone signal generator ### 2. MFE/MAE Learning Over time, study the MFE/MAE ratios in the Guardian table: - If shorts consistently show high MAE and low MFE, the market has an upward bias - If longs show the opposite, downward bias exists - When both directions show high MAE, you're in chop - reduce position sizing ### 3. Session Personality Each RTH session has its own character: - Trend days: Levels update frequently, Sequential counts high, one direction dominant - Range days: Chop status persistent, hit percentages high, MFE/MAE balanced - Breakout days: Early levels hold, low hit percentages, strong breakaway signals ### 4. Emotional Discipline Integration Before entering any trade, verbally state: - "The Delta is X points" - "Hit percentage is Y% (color)" - "Breakaway was Zth candle" - "Chop status is " This forces you to acknowledge what the indicator is telling you. If you can't justify the entry using these metrics, don't take it. --- ## The Mountain Philosophy Remember the wisdom from "The Mountain Is You": self-sabotage in trading often comes from ignoring the signs that are clearly visible. RTH Guardian puts those signs directly on your chart. When you override a Red hit percentage or enter during TIGHT CHOP, you're not "seeing something the indicator missed" - you're engaging in the very self-sabotage patterns that keep you from consistency. The indicator doesn't predict the future. It holds up a mirror to current market structure and asks: "Given what you can see right now, is this a quality opportunity?" Your edge isn't in being right every time. It's in consistently taking only the setups where the conditions stack in your favor. RTH Guardian helps you do exactly that. --- ## Customization Options The indicator is highly customizable through the settings panel: ### Line Appearance - Colors for all lines (High, Low, HL/2 for both sides) - Line thickness (1-10) - Line style (Solid, Dashed, Dotted) ### Label Settings - Background colors for HIGH and LOW labels - Text color - Font size (Tiny, Small, Normal, Large, Huge) - Quality color mode (auto-colors based on hit percentage) ### Guardian Table - Position (9 locations available) - Font size - Sequential trend warning threshold (default: 5 bars) - Grinding trend warning threshold (default: 10 bars) - Chop zone multiplier (default: 1.5× Delta) --- ## Final Thoughts RTH Guardian is not a holy grail. It's a discipline tool. It won't make you a profitable trader overnight, but it will make you honest about the quality of your entries. Over time, that honesty compounds into consistency. Use it wisely, respect its warnings, and let it guide you away from self-sabotage. Good trading requires good information + emotional discipline. RTH Guardian provides the information. The discipline is still on you. --- *"The mountain is you. The obstacles you face are often the ones you create. RTH Guardian helps you see those obstacles before you create them on your chart."*
Pine Script® Indikator
von DeLeBlanc
2
Unmitigated MTF High Low Pro - Cave Diving Bookmap Heatmap Plot Unmitigated MTF High Low Pro - Cave Diving Bookmap Heatmap Plot --- ## 📖 Table of Contents 1. (#what-this-indicator-does) 2. (#core-concepts) 3. (#visual-components) 4. (#the-cave-diving-framework) 5. (#how-to-use-it-for-trading) 6. (#settings--customization) 7. (#best-practices) 8. (#common-scenarios) --- ## What This Indicator Does The **Unmitigated MTF High Low v2.0** tracks unmitigated (untouch) high and low levels across multiple timeframes, helping you identify key support and resistance zones that the market hasn't revisited yet. Think of it as a sophisticated memory system for price action - it remembers where price has been, and more importantly, where it *hasn't been back to*. ### Why "Unmitigated" Matters In futures trading, especially on instruments like NQ and ES, the market has a tendency to revisit levels where liquidity was left behind. An "unmitigated" level is one that hasn't been touched since it was formed. These levels often act as magnets for price, and understanding their age and proximity gives you a significant edge in: - **Entry timing** - Waiting for price to approach tested levels - **Exit planning** - Taking profits before ancient resistance/support - **Risk management** - Avoiding entries when approaching multiple old levels - **Liquidity mapping** - Visualizing where orders likely cluster --- ## Core Concepts ### 1. **Sessions & Age** The indicator uses **New York trading sessions** (6:00 PM to 5:59 PM NY time) as the primary time measurement. This aligns with how futures markets naturally segment their activity. **Age Categories:** - 🟢 **New (0-1 sessions)** - Fresh levels, recently formed - 🟡 **Medium (2-3 sessions)** - Tested by time, gaining significance - 🔴 **Old (4-6 sessions)** - Highly significant, survived multiple days - 🟣 **Ancient (7+ sessions)** - Extreme significance, major support/resistance The longer a level remains unmitigated, the more significant it becomes. Think of it like compound interest - time adds weight to these zones. ### 2. **Multi-Timeframe Tracking** You can set the indicator to track high/low levels from any timeframe (default is 15 minutes). This means you're watching for unmitigated 15-minute highs and lows while trading on, say, a 1-minute or 5-minute chart. **Why this matters:** - Higher timeframe levels have more weight - You can see multiple timeframe structure simultaneously - Helps you avoid fighting larger timeframe momentum ### 3. **Mitigation** A level becomes "mitigated" (deactivated) when price touches it: - **High levels** are mitigated when price reaches or exceeds them - **Low levels** are mitigated when price reaches or goes below them Once mitigated, the level disappears from view. The indicator only shows you the untouch levels that still matter. --- ## Visual Components ### 📊 The Dashboard Table Located in the corner of your chart (configurable), the table shows: ``` ┌─────────┬───────────┬────────┬─────┬───────┐ │ Level │ Price │ Points │ Age │ % │ ├─────────┼───────────┼────────┼─────┼───────┤ │ ↑↑↑↑↑ │ 21,450.25 │ +45.50 │ 8 │ +0.21%│ ← 5th High (Ancient) │ ↑↑↑↑ │ 21,430.00 │ +25.25 │ 5 │ +0.12%│ ← 4th High (Old) │ ↑↑↑ │ 21,420.50 │ +15.75 │ 3 │ +0.07%│ ← 3rd High (Medium) │ ↑↑ │ 21,412.00 │ +7.25 │ 1 │ +0.03%│ ← 2nd High (New) │ ↑ ⚠️ │ 21,408.25 │ +3.50 │ 0 │ +0.02%│ ← 1st High (Proximity Alert!) ├─────────┼───────────┼────────┼─────┼───────┤ │ 15 mins │ 🟢 │ Δ 8.75 │ 2U │ │ ← Status Row ├─────────┼───────────┼────────┼─────┼───────┤ │ ↓ ⚠️ │ 21,399.50 │ -5.25 │ 0 │ -0.02%│ ← 1st Low (Proximity Alert!) │ ↓↓ │ 21,395.00 │ -9.75 │ 2 │ -0.05%│ ← 2nd Low (Medium) │ ↓↓↓ │ 21,385.25 │ -19.50 │ 4 │ -0.09%│ ← 3rd Low (Old) │ ↓↓↓↓ │ 21,370.00 │ -34.75 │ 6 │ -0.16%│ ← 4th Low (Old) │ ↓↓↓↓↓ │ 21,350.75 │ -54.00 │ 9 │ -0.25%│ ← 5th Low (Ancient) ├─────────┼───────────┼────────┼─────┼───────┤ │ 📊 15↑ / 12↓ │ ← Statistics (optional) └─────────┴───────────┴────────┴─────┴───────┘ ``` **Reading the Table:** - **Level Column**: Number of arrows indicates position (1-5), color shows age - **Price**: The actual price level - **Points**: Distance from current price (+ for highs, - for lows) - **Age**: Number of full sessions since creation - **%**: Percentage distance from current price - **⚠️**: Proximity alert - price is within threshold distance - **Status Row**: Shows timeframe, direction (🟢 bullish/🔴 bearish), tunnel width (Δ), and Strat pattern ### 📈 Visual Elements on Chart **1. Level Lines** - Horizontal lines showing each unmitigated level - **Color-coded by age**: Bright colors = new, darker = older, deep purple/teal = ancient - **Line style**: Customizable (solid, dashed, dotted) - Automatically turn **yellow** when price gets close (proximity alert) **2. Price Labels** - Show the exact price and age: "21,450.25 (8d)" - Fixed at small size for clean readability - Positioned with configurable offset from current bar **3. Bands (Optional)** - Shaded zones between pairs of unmitigated levels - Default: Between 1st and 2nd levels (the "tunnel") - Can switch to 1st-3rd, 2nd-3rd, or disable entirely - **Upper band** (pink/maroon) - Between unmitigated highs - **Lower band** (blue/teal) - Between unmitigated lows - These represent the "no man's land" or consolidation zones --- ## The Cave Diving Framework This indicator is designed around the **Cave Diving Trading Framework** - a psychological and technical approach that maps cave diving safety protocols to futures trading risk management. ### 🤿 The Core Metaphor **Cave diving has clear danger zones based on depth and overhead environment. Your trading should too.** #### Shallow Water (New Levels, 0-1 Sessions) - **Light**: Bright colors (bright red highs, bright green lows) - **Psychology**: Fresh territory, recently tested - **Trading**: Be aware but not overly concerned - **Cave Diving Parallel**: You can see the surface, easy exit #### Penetration Depth (Medium Levels, 2-3 Sessions) - **Light**: Medium intensity colors - **Psychology**: Building significance, market memory forming - **Trading**: Start respecting these levels for entries/exits - **Cave Diving Parallel**: Deeper in, need to track your line back #### Deep Dive Zone (Old Levels, 4-6 Sessions) - **Light**: Dark colors (deep maroon, dark blue) - **Psychology**: Highly tested support/resistance - **Trading**: Major decision points, plan accordingly - **Cave Diving Parallel**: Significant overhead, careful navigation required #### Overhead Environment (Ancient Levels, 7+ Sessions) - **Light**: Very dark, purple/deep teal - **Psychology**: Extreme caution required, major liquidity zones - **Trading**: These are your "turn back" signals - don't fight ancient levels - **Cave Diving Parallel**: Maximum danger, no room for error ### 🎯 The Proximity Alert System Just like a cave diver's depth gauge that warns at critical thresholds, the proximity alerts (⚠️) tell you when you're entering a danger zone. When price gets within your configured threshold (default 5 points), the indicator: - Highlights the level in **yellow** on the chart - Shows **⚠️** in the table - Signals: "You're entering a high-significance zone - adjust your position accordingly" This prevents the trading equivalent of going deeper into a cave without checking your air supply. --- ## How to Use It for Trading ### 🎯 Entry Strategies **1. The "Bounce Setup" (Mean Reversion)** - Wait for price to approach an old or ancient unmitigated level - Look for confluence: multiple levels nearby, bands narrowing - Enter when price shows rejection (reversal candle patterns) - **Example**: Price drops to a 6-session-old low, shows bullish engulfing → Long entry **2. The "Break and Retest" (Trend Following)** - Wait for price to break through an unmitigated level (mitigates it) - Enter on the retest of the newly broken level - **Example**: Price breaks above 4-session-old high → Wait for pullback to that level → Long entry **3. The "Tunnel Trade" (Range Trading)** - When bands are active, trade the range between 1st-2nd levels - Short near upper band resistance, long near lower band support - Exit at opposite side or when bands break ### 🚨 Risk Management Rules **The Ancient Level Rule** > Never fight ancient levels (7+ sessions). If you're long and approaching an ancient high, take profits. If you're short and approaching an ancient low, take profits. These levels have survived a full trading week without being touched - there's likely significant liquidity and institutional interest there. **The Proximity Exit Rule** > When you see ⚠️ proximity alerts on multiple levels above/below your position, tighten stops or scale out. This is your "overhead environment" warning. You're in dangerous territory. **The New Level Filter** > Be cautious taking positions based solely on new levels (0-1 sessions). Wait for them to age or combine with other confluence. Fresh levels haven't been tested by time. They're like unconfirmed support/resistance. ### 📊 Reading Market Structure **Bullish Structure (🟢 in status row)** - Unmitigated lows are aging and holding - Price respecting the lower band - Old lows below acting as strong support - **Bias**: Look for long entries at lower levels **Bearish Structure (🔴 in status row)** - Unmitigated highs are aging and holding - Price respecting the upper band - Old highs above acting as strong resistance - **Bias**: Look for short entries at higher levels **The Tunnel Compression** - When the Δ (delta) in the status row is small, levels are tight - This often precedes a breakout - **Trading**: Wait for breakout direction, then trade the break ### 🔄 Strat Integration The indicator shows Strat patterns in the status row: - **1** - Inside bar (consolidation) - **2U** - Broke high only (bullish) - **2D** - Broke low only (bearish) - **3** - Broke both (wide range, volatility) Use these with the unmitigated levels: - **2U near old high** → Potential resistance, watch for rejection - **2D near old low** → Potential support, watch for bounce - **3 pattern** → High volatility, respect wider stops --- ## Settings & Customization ### 📅 Session & Timeframe Settings **HL Interval** (Default: 15 minutes) - The timeframe for high/low calculation - **Lower (1m, 5m)**: More levels, more noise, good for scalping - **Higher (30m, 1H, 4H)**: Fewer levels, stronger significance, good for swing trading - **Recommendation for NQ/ES**: 15m or 30m for day trading, 1H for swing trading **Session Age Threshold** (Default: 2) - How many sessions before a level is considered "old" - Lower = more levels classified as old - Higher = stricter definition of significance ### 📊 Level Display Options **Show Level Lines** - Toggle: Display horizontal lines for each level - **Turn off** if you prefer a cleaner chart and only want the table **Show Level Labels** - Toggle: Display price labels on the chart - **Turn off** for minimal visual clutter **Label Offset** - Distance (in bars) from current price bar to place labels - Increase if labels overlap with price action **Level Line Width & Style** - Customize visual appearance - **Thin solid**: Minimal distraction - **Thick dashed**: High visibility ### 🎨 Age-Based Color Coding Customize colors for each age category (high and low separately): - **New (0-1 sessions)**: Default bright red/green - **Medium (2-3 sessions)**: Default medium intensity - **Old (4+ sessions)**: Default dark red/blue - **Ancient (7+ sessions)**: Default deep purple/teal **Color Strategy Tips:** - Keep ancient levels in highly contrasting colors - Use opacity (transparency) if you want subtler lines - Match your chart's color scheme for aesthetic coherence ### 🎯 Band Settings **Band Mode** - **1st-2nd** (Default): The primary "tunnel" between most recent levels - **1st-3rd**: Wider band, more room for price action - **2nd-3rd**: Band between less immediate levels - **Disabled**: No bands, lines only **Band Colors & Borders** - Customize fill color and border separately - **Tip**: Keep bands very transparent (90-95% transparency) to avoid obscuring price action ### ⚠️ Proximity Alert Settings **Enable Proximity Alerts** - Toggle: Turn on/off the warning system - When enabled, levels within threshold distance show ⚠️ and turn yellow **Alert Threshold** (Default: 5.0 points) - Distance in points to trigger the alert - **For NQ**: 5-10 points is reasonable - **For ES**: 2-5 points is reasonable - **For MES/MNQ**: Scale down proportionally **Alert Highlight Color** - The color lines/labels turn when proximity is triggered - Default: Yellow (high visibility) ### 📋 Table Settings **Show Table** - Toggle: Display the dashboard table **Table Location** - Top Left, Top Right, Bottom Left, Bottom Right - Choose based on your chart layout and other indicators **Text Size** - Tiny, Small, Normal, Large - **Recommendation**: Normal for 1080p monitors, Small for 4K **Show % Distance** - Toggle: Add percentage distance column to table - Useful for comparing relative distances across different price ranges **Show Statistics Row** - Toggle: Show total count of unmitigated highs/lows - Format: "📊 15↑ / 12↓" (15 unmitigated highs, 12 unmitigated lows) - Useful for gauging overall market structure ### ⚡ Performance Settings **Enable Level Cleanup** - Automatically remove very old levels to maintain performance - **Keep on** unless you want unlimited history **Max Lookback Levels** (Default: 10,000) - Maximum number of levels to track - 10,000 ≈ 6+ months of 15-minute bars - **Increase** if you want more history - **Decrease** if experiencing performance issues **Max Boxes Per Band** (Default: 245) - TradingView limit is 500 total boxes - With 2 bands, 245 each = 490 total (safe maximum) --- ## Best Practices ### 🎯 Position Management **1. Scaling In Near Old Levels** ``` Price approaching 5-session-old low: - First position: 30% size at proximity alert (⚠️) - Second position: 40% size at exact level - Third position: 30% size if it shows strong rejection ``` **2. Scaling Out Near Ancient Levels** ``` Holding long position, approaching 8-session-old high: - Exit 50% at proximity alert (⚠️) - Exit 30% at exact level - Trail stop on remaining 20% ``` ### 🧠 Trading Psychology Integration Drawing from principles in *The Mountain Is You*, this indicator helps you: **1. Recognize Self-Sabotage Patterns** - **The Premature Entry**: Entering before price reaches your planned level - **Solution**: Set alerts at unmitigated levels, wait for proximity warnings - **The Profit-Taking Problem**: Exiting too early from fear - **Solution**: Identify the next unmitigated level and commit to holding until proximity alert - **The Loss Holding**: Refusing to exit losing trades - **Solution**: When price breaks through and mitigates your entry level, it's telling you the structure changed **2. Building Better Habits** The color-coded age system trains your brain to: - Respect levels that have proven themselves over time - Distinguish between noise (new levels) and structure (old levels) - Make decisions based on objective data, not fear or greed **3. Emotional Regulation** The proximity alerts serve as: - **Circuit breakers** - Forcing you to re-evaluate before dangerous zones - **Permission to act** - Giving you objective signals to exit without second-guessing - **Validation** - Confirming when you're in alignment with market structure ### 📝 Pre-Market Routine **Daily Setup Checklist:** 1. ✅ Identify the 3 nearest unmitigated highs above current price 2. ✅ Identify the 3 nearest unmitigated lows below current price 3. ✅ Note which are ancient (7+) - these are your "no-go" zones 4. ✅ Check the tunnel width (Δ in status row) - tight or wide? 5. ✅ Set alerts at the 1st high and 1st low for proximity warnings 6. ✅ Plan: "If we go up, I exit at ___. If we go down, I enter at ___." ### 🔄 Timeframe Confluence **Multi-Timeframe Strategy:** Run the indicator on **three instances**: - **15-minute** (short-term structure) - **1-hour** (intermediate structure) - **4-hour** (major structure) **Strong Setup**: When all three timeframes show unmitigated levels converging at the same price zone. **Example:** - 15m: Old low at 21,400 - 1H: Ancient low at 21,398 - 4H: Ancient low at 21,395 - **Result**: 21,395-21,400 is a monster support zone ### ⚠️ What This Indicator Doesn't Do **Not a Crystal Ball** - It doesn't predict where price will go - It shows you where price *hasn't been* and how long it's been avoided - The trading decisions are still yours **Not an Entry Signal Generator** - It provides context and structure - You need to combine it with your entry methodology (price action, indicators, order flow, etc.) **Not Foolproof** - Ancient levels get broken - Proximity alerts can trigger early in strong trends - The market doesn't "owe" you a reversal at any level --- ## Common Scenarios ### Scenario 1: "Level Cluster Ahead" **Situation**: You're long at 21,400. The table shows: - 1st High: 21,425 (2 sessions old) - 2nd High: 21,428 (3 sessions old) - 3rd High: 21,435 (6 sessions old) **Interpretation**: There's a resistance cluster just 25-35 points away. The 6-session-old level is particularly significant. **Action**: - Set first profit target at 21,420 (before the cluster) - Set second target at 21,426 (between 1st and 2nd) - Trail remaining position, but be ready to exit on rejection at 21,435 **Cave Diving Analogy**: You're approaching an overhead section with limited clearance. Lighten your load (reduce position) before entering. --- ### Scenario 2: "Ancient Level Approaches" **Situation**: The market is grinding higher. You see ⚠️ appear next to a 9-session-old high at 21,500. **Interpretation**: This level has survived over a week without being touched. Massive potential liquidity zone. **Action**: - If long, this is your absolute exit zone. Take profits before or at level. - If looking to short, wait for clear rejection (price taps and reverses) - Don't try to buy the breakout until it clearly breaks and retests **Cave Diving Analogy**: Your dive computer is beeping - you've reached your planned turn-back depth. No matter how interesting it looks ahead, honor your plan. --- ### Scenario 3: "Mitigated Levels Create New Structure" **Situation**: Price breaks and mitigates the 1st High. The previous 2nd High becomes the new 1st High. **Interpretation**: The structure just shifted. What was the 2nd level is now most relevant. **Action**: - Watch how price reacts to the newly-mitigated level - If it holds below (acts as resistance), bearish - If it reclaims and holds above (acts as support), bullish - The NEW 1st High is your next target/resistance **Cave Diving Analogy**: You've passed through a restriction - the cave layout ahead is different now. Update your mental map. --- ### Scenario 4: "Tight Tunnel, Upcoming Breakout" **Situation**: The Δ in the status row shows 3.25 points (very tight). Bands are converging. **Interpretation**: Price is consolidating between very close unmitigated levels. Breakout likely. **Action**: - Don't try to predict direction - Set alerts above 1st High and below 1st Low - When break occurs, trade the retest - Expect volatility - use wider stops **Cave Diving Analogy**: You're in a narrow passage. Movement will be sudden and directional once it starts. --- ### Scenario 5: "Imbalanced Structure" **Situation**: The statistics row shows "📊 22↑ / 7↓" **Interpretation**: There are many more unmitigated highs than lows. This suggests: - Price has been declining (hitting lows, leaving highs behind) - Potential bullish reversal zone (lots of overhead supply mitigated) - Or continued bearish structure (resistance everywhere above) **Action**: - Look at the age of those 22 highs - If mostly new (0-2 sessions): Just a recent downmove, not significant yet - If many old/ancient: Strong overhead resistance, be cautious on longs - Compare to price action: Is price respecting the remaining lows? **Cave Diving Analogy**: You've swam deeper than your starting point - most of your markers are above you now. Are you planning the ascent or going deeper? --- ## Final Thoughts: The Philosophy This indicator is built on a simple but powerful principle: **The market has memory, and that memory has weight.** Every unmitigated level represents: - Liquidity left behind - Orders waiting to be filled - Institutional interest potentially parked - Psychological significance for participants The longer a level remains unmitigated, the more "charged" it becomes. When price finally revisits it, something significant usually happens - either a strong reversal or a definitive break. Your job as a trader isn't to predict which outcome will occur. Your job is to: 1. **Recognize** when you're approaching these charged zones 2. **Respect** them by adjusting position size and risk 3. **React** appropriately based on how price behaves at them 4. **Remember** that ancient levels (like ancient wisdom) deserve extra reverence The Cave Diving Framework embedded in this indicator serves as a constant reminder: Trading, like cave diving, requires rigorous respect for environmental hazards, meticulous planning, and the discipline to turn back when your limits are reached. **Every proximity alert is the market asking you**: *"Do you really want to go deeper?"* Sometimes the answer is yes - when your setup, confluence, and risk management all align. Often, the answer should be no - and that's the trader avoiding the accident that would have happened to the gambler. --- ### 🎯 Quick Reference Card **Color System:** - 🟢 Bright colors = New (0-1 sessions) = Shallow water - 🟡 Medium colors = Medium (2-3 sessions) = Penetration depth - 🔴 Dark colors = Old (4-6 sessions) = Deep dive zone - 🟣 Deep dark colors = Ancient (7+ sessions) = Overhead environment **Symbols:** - ↑ ↑↑ ↑↑↑ ↑↑↑↑ ↑↑↑↑↑ = High levels (1st through 5th) - ↓ ↓↓ ↓↓↓ ↓↓↓↓ ↓↓↓↓↓ = Low levels (1st through 5th) - ⚠️ = Proximity alert (danger zone) - 🟢 = Bullish structure - 🔴 = Bearish structure - Δ = Tunnel width (distance between 1st high and 1st low) **Critical Rules:** 1. Never fight ancient levels (7+ sessions) 2. Respect proximity alerts (⚠️) 3. Scale out near old/ancient resistance 4. Wait for confluence when entering 5. Let mitigated levels prove their new role --- **Remember**: The indicator gives you structure. The trading edge comes from your discipline in respecting that structure. Trade safe, trade smart, and always know your exit before your entry. 🎯 --- *"You don't become your best self by denying your patterns. You become your best self by recognizing them, understanding them, and choosing differently." - Adapted from The Mountain Is You* In trading: You don't become profitable by ignoring market structure. You become profitable by recognizing it, understanding it, and choosing your entries accordingly.
Pine Script® Indikator
von DeLeBlanc
4
AR-Session-Orb-HTF High/LowThis indicator is built for intraday model execution around liquidity grabs, session timing, and higher-timeframe draw-on-liquidity. It maps out sessions, ICT killzones, Session opening ranges (including the US 09:30 cash open), a daily NY “TD Open” line (00:00 → NY close), and key highs/lows from higher timeframes directly onto any lower timeframe chart (down to 1 minute). ________________________________________ 1. Sessions (Asia / London / New York) • Highlights the 3 main sessions with colored boxes: • Asia • London • New York • Default session times are set in New York local time: • Asia: 18:00–02:00 • London: 03:00–12:00 • New York: 08:00–17:00 • You can change these times in the settings. • Each box automatically expands as the session progresses. Why it matters: these windows show you where liquidity usually builds, where the day “hands off” from Asia → London → NY, and when expansion/displacement typically happens. ________________________________________ 2. ICT Killzones The script includes 4 configurable killzones (NY local by default): • Asia late session: 20:00–00:00 • London killzone: 02:00–05:00 • New York AM: 07:00–10:00 • New York Midday: 10:00–12:00 For each killzone you can: • toggle on/off • adjust the time window • pick colors This makes it easy to see when price is trading inside a high-probability delivery period, so you can line it up with liquidity above/below the session or OR. ________________________________________ 3. Opening Range Levels The indicator captures the high and low of the first X minutes (default 15) of each important window and projects those levels as horizontal lines. It does this for: • Asia Open Range • London Open Range • New York Open Range (08:00) • NY 09:30 Cash-Open Range • (in the original idea: NY mid / second NY window) Behavior: • Asia OR → after the first X minutes of Asia, the high/low are projected across the rest of the trading day. • London OR → taken from the London start, but extended only while London is active. • NY OR (08:00) → taken from the start of the NY session and extended only during NY. • NY 09:30 OR → this one is special. At exactly 09:30 (cash open) the script starts a second, independent OR for that day, using your chosen length (e.g. 15 minutes). When the window finishes, it freezes the 09:30 high and low and projects them horizontally all the way to the NY session end. You can style it separately (color, labels). This gives you a clean “cash-open dealing range” to watch for sweeps, fake-outs and continuations. You can: • choose the range length (1–60 minutes for 09:30, 1–30 for the others) • show/hide each OR • color each OR • show labels such as “Asia OR High”, “Lon OR Low”, “NY 09:30 High”, etc. • control line padding so labels don’t print on top of the candle These ORs often become obvious liquidity pools, fail-break zones, or continuation triggers. ________________________________________ 4. NY TD Open Line (Daily 00:00) On every trading day the script also plots a “TD” structure for New York: • at 00:00 NY time it draws a vertical dashed line to mark the day’s start • it records that day’s open price • it then projects a horizontal line from 00:00 → all the way to NY session close (default 17:00) • the horizontal line is labeled e.g. “NY TD Open” How to use it: • see instantly where current price is vs the daily open • combine with 09:30 OR to know if cash open is opening above/below the day’s open • good for intraday bias (above = bullish day structure, below = bearish day structure) • nice anchor when you go down to 1m/3m You can toggle the TD feature on/off and change its colors. ________________________________________ 5. Previous Week High / Low • Plots last week’s high and low on any timeframe • Drawn as dashed lines with padding (so they don’t run to infinity) • Each level is labeled (default “PW High” / “PW Low”) These are classic weekly liquidity magnets and very useful when London/NY is expanding into an old weekly extreme. ________________________________________ 6. Monthly High / Low The script plots both: • Previous month high/low • Current month high/low (live) Defaults: • previous month → dashed + purple • current month → solid + blue You can change: • line colors • label text & colors • how far the line should extend (bars span) This gives you higher-TF liquidity targets on your intraday chart without switching to M or W. ________________________________________ 7. 4H High / Low (Intra-session Liquidity Map) On timeframes up to 4H, the script also plots: • previous 4H high/low • current 4H high/low Important design choice: they only live inside their own 4H window. • the previous 4H range is shown only over the previous 4H time span • the current 4H range is shown only over the current 4H candle That means you don’t get messy, stretched 4H lines across the whole day — only where they actually apply. This is super useful for London/NY raids on 4H highs/lows. ________________________________________ 8. Customization / Inputs Almost everything is editable: • session windows + colors • killzone windows + colors • opening-range length • ON/OFF per OR (Asia, London, NY 08:00, NY 09:30) • label text, size, bg color, text color • HTF line length (weekly / monthly) • TD 00:00 ON/OFF + colors • line end padding so labels don’t sit on the right edge The idea is to give you structure, not signals. ________________________________________ How to Use 1. Start from the monthly / weekly / previous week levels to see where price “wants” to go. 2. Drop into the active session box / killzone to know when to pay attention. 3. Trade around opening-range highs/lows — especially the NY 09:30 OR — and look for liquidity sweeps. 4. Check where price is relative to the NY TD Open (00:00) to confirm intraday bias. 5. Refine entries using the 4H highs/lows that fall inside that session. Result: you get a top-down liquidity map + intraday timing tool, all on one chart. ________________________________________ Notes • All times are interpreted in the chart/session timezone — keep your chart on NY session if you want the defaults to match the description. • TradingView has drawing limits; on very low timeframes far back in history, old drawings may recycle. • Because 09:30 and TD are drawn every day, it’s normal to see more labels the further right you scroll. ________________________________________ Disclaimer This script is for educational and charting purposes only. It does not generate trade signals, manage risk, or guarantee profitability. Trading involves risk — always do your own analysis. Special Thanks to Sabo & Hive Community Nov 17 Release Notes This indicator is built for intraday model execution around liquidity grabs, session timing, and higher-timeframe draw-on-liquidity. It maps out sessions, killzones, opening ranges (including the US 09:30 cash open), a daily NY “TD Open” line (00:00 → NY close), and key highs/lows from higher timeframes directly onto any lower timeframe chart (down to 1 minute). ________________________________________ 1. Sessions (Asia / London / New York) • Highlights the 3 main sessions with colored boxes: • Asia • London • New York • Default session times are set in New York local time: • Asia: 18:00–02:00 • London: 03:00–12:00 • New York: 08:00–17:00 • You can change these times in the settings. • Each box automatically expands as the session progresses. Why it matters: these windows show you where liquidity usually builds, where the day “hands off” from Asia → London → NY, and when expansion/displacement typically happens. ________________________________________ 2. ICT Killzones The script includes 4 configurable killzones (NY local by default): • Asia late session: 20:00–00:00 • London killzone: 02:00–05:00 • New York AM: 07:00–10:00 • New York Midday: 10:00–12:00 For each killzone you can: • toggle on/off • adjust the time window • pick colors This makes it easy to see when price is trading inside a high-probability delivery period, so you can line it up with liquidity above/below the session or OR. ________________________________________ 3. Opening Range Levels The indicator captures the high and low of the first X minutes (default 15) of each important window and projects those levels as horizontal lines. It does this for: • Asia Open Range • London Open Range • New York Open Range (08:00) • NY 09:30 Cash-Open Range • (in the original idea: NY mid / second NY window) Behavior: • Asia OR → after the first X minutes of Asia, the high/low are projected across the rest of the trading day. • London OR → taken from the London start, but extended only while London is active. • NY OR (08:00) → taken from the start of the NY session and extended only during NY. • NY 09:30 OR → this one is special. At exactly 09:30 (cash open) the script starts a second, independent OR for that day, using your chosen length (e.g. 15 minutes). When the window finishes, it freezes the 09:30 high and low and projects them horizontally all the way to the NY session end. You can style it separately (color, labels). This gives you a clean “cash-open dealing range” to watch for sweeps, fake-outs and continuations. You can: • choose the range length (1–60 minutes for 09:30, 1–30 for the others) • show/hide each OR • color each OR • show labels such as “Asia OR High”, “Lon OR Low”, “NY 09:30 High”, etc. • control line padding so labels don’t print on top of the candle These ORs often become obvious liquidity pools, fail-break zones, or continuation triggers. ________________________________________ 4. NY TD Open Line (Daily 00:00) On every trading day the script also plots a “TD” structure for New York: • at 00:00 NY time it draws a vertical dashed line to mark the day’s start • it records that day’s open price • it then projects a horizontal line from 00:00 → all the way to NY session close (default 17:00) • the horizontal line is labeled e.g. “NY TD Open” How to use it: • see instantly where current price is vs the daily open • combine with 09:30 OR to know if cash open is opening above/below the day’s open • good for intraday bias (above = bullish day structure, below = bearish day structure) • nice anchor when you go down to 1m/3m You can toggle the TD feature on/off and change its colors. ________________________________________ 5. Previous Week High / Low • Plots last week’s high and low on any timeframe • Drawn as dashed lines with padding (so they don’t run to infinity) • Each level is labeled (default “PW High” / “PW Low”) These are classic weekly liquidity magnets and very useful when London/NY is expanding into an old weekly extreme. ________________________________________ 6. Monthly High / Low The script plots both: • Previous month high/low • Current month high/low (live) Defaults: • previous month → dashed + purple • current month → solid + blue You can change: • line colors • label text & colors • how far the line should extend (bars span) This gives you higher-TF liquidity targets on your intraday chart without switching to M or W. ________________________________________ 7. 4H High / Low (Intra-session Liquidity Map) On timeframes up to 4H, the script also plots: • previous 4H high/low • current 4H high/low Important design choice: they only live inside their own 4H window. • the previous 4H range is shown only over the previous 4H time span • the current 4H range is shown only over the current 4H candle That means you don’t get messy, stretched 4H lines across the whole day — only where they actually apply. This is super useful for London/NY raids on 4H highs/lows. ________________________________________ 8. Customization / Inputs Almost everything is editable: • session windows + colors • killzone windows + colors • opening-range length • ON/OFF per OR (Asia, London, NY 08:00, NY 09:30) • label text, size, bg color, text color • HTF line length (weekly / monthly) • TD 00:00 ON/OFF + colors • line end padding so labels don’t sit on the right edge The idea is to give you structure, not signals. ________________________________________ How to Use 1. Start from the monthly / weekly / previous week levels to see where price “wants” to go. 2. Drop into the active session box / killzone to know when to pay attention. 3. Trade around opening-range highs/lows — especially the NY 09:30 OR — and look for liquidity sweeps. 4. Check where price is relative to the NY TD Open (00:00) to confirm intraday bias. 5. Refine entries using the 4H highs/lows that fall inside that session. Result: you get a top-down liquidity map + intraday timing tool, all on one chart. ________________________________________ Notes • All times are interpreted in the chart/session timezone — keep your chart on NY session if you want the defaults to match the description. • TradingView has drawing limits; on very low timeframes far back in history, old drawings may recycle. • Because 09:30 and TD are drawn every day, it’s normal to see more labels the further right you scroll. ________________________________________ Disclaimer This script is for educational and charting purposes only. It does not generate trade signals, manage risk, or guarantee profitability. Trading involves risk — always do your own analysis. Special Thanks to Sabo & Hive Community
Pine Script® Indikator
von AdamRifau
Session High-Low Box, Session High-Low Box Session High-Low Box indicatorSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low BoxSession High-Low Boxwrtvtrvwrtv4v2tr2Session High-Low Box24v2v2Session High-Low Box
Pine Script® Indikator
von Doncoglione
[Strategy]Turtle's 20day High Low Break StrategyJapanese below / 日本語説明は下記 Overview I have made this strategy mimicking the legendary traders group, Turtle’s 20days high low break strategy with more options available for take profit(TP) and stop loss(SL) conditions. The main component of the strategy is same as my indicator, Previous N days/weeks/months high/low(see the link below) and with this strategy, you can backtest previous N days high/low break strategy. Unlike the indicator, you can specify another previous N days high/low as TP condition. This is because Turtle used 10days low as TP condition for 20days high break buy strategy, according to articles/books about them. ATR and other factors which is said to be used in their original strategy are not included in this strategy. Previous N Days/Weeks/Months High Low What is Turtle? Turtle is the group of traders founded by Richard Dennis and William Eckhardt to prove their theory that good traders can be trained or not. It is said that Turtle had made more than 175 million dollars over 5 years and some of the traders has become fund managers or successful individual traders even after the experiment. What is this strategy like? The strategy generates long entries once prices break previous N days highs and short entries when previous N days lows broken. N is user input so you can adjust it for your own strategy. As mentioned above, you can also specify another set of different previous N days high/low for TP conditions. e.g. 55 days high(low) break for entry and 20days low(high) break for take profit condition. How to use it? What this strategy shows is almost same as the indicator, Previous N days/weeks/months high/low. It displays previous N days/weeks/months highs and lows and you can set up entry condition based on previous N days high/low. Previous N weeks/months highs/lows can be used as take profit points when you develop your own strategy based on this. See the parameters below for the rest of the details. Parameters TP condition: You can select from “Pips”, “When opposite entries” or “Previous high low break”. When “When opposite entries” selected, the strategy exits the open positions when opposite directional entries happened. e.g. Long positions will be closed when short entries made. If you would like to exit positions with specific previous N days highs/lows, you can enter N in Previous N days High/Low for TP field with “Previous high low break” selected. SL condition: You can select from “Pips” or “Swing High/Low”. If “Swing High/Low” selected, left bars and right bars need input to determine swing high/low. Note: If you select “pips” in TP/SL conditions, it currently works only for forex pairs. What timeframe is the best for this strategy? As this strategy is for swing trading, longer timeframes are the best. Base on my quick check upon strategy’s performance over USD pairs in forex, daily timeframe works best, however, it could fit in with lower timeframes such as 4H and 1H by adjusting TP/SL conditions. Look at the sample result below. The result shows the strategy’s performance for USDJPY for over 40 years on Daily timeframe and it performs fairly good with more than 2 profit factor over long period of time with up-trending equity curve. It is just a simulation but the data shows Turtle’s strategy still works. ================= 概要 伝説のトレーダー集団タートルの20日高値・安値ブレイク手法を模倣して作成したストラテジーです。 利益確定や損切り条件を設定可能なようにして、より柔軟性を持たせています。 ストラテジーの主要な構造は過去にリリースしたインジケーターPrevious N days/weeks/months high/lowと同じです(下記リンク参照)。 このストラテジーを使うと、過去N日高値・安値のブレイク手法のバックテストを行うことが可能です。 また、前述のインジケーターとは異なり、このストラテジーでは利益確定条件のために、もう一つ別の過去N日高値・安値を設定することができます。これはタートルが20日高値のブレイクで買いエントリーを行う場合、10日安値ブレイクを手仕舞いの基準として使っていたことからです。 タートルのオリジナル手法ではATRやその他の要素も用いられていたようですが、このストラテジーには含まれていません。 Previous N Days/Weeks/Months High Low タートルとは何か？ タートルとは、「優れたトレーダーは育成可能か？」の問いを証明するために、投資家リチャード・デニス氏とウィリアム・エックハート氏によって組織されたトレーダー集団です。 タートルは5年間に渡って1億7千5百万ドル以上を稼ぎ出したと言われており、この実験終了後にはヘッジファンドを運営する者や個人投資家として成功したトレーダーを輩出したことで知られています。 このストラテジーの特徴 このストラテジーは、価格が過去N日高値をブレイクした時にロングエントリーを、過去N日安値をブレイクした時にショートエントリーを実行します。 Nはパラメーターで指定可能なので、皆さんの独自の手法開発のために調整することができます。 また、前述の通り、利益確定条件としてエントリー条件とは別の過去N日高値・安値を指定することが可能です。 例：エントリーには55日の高値・安値のブレイクを用い、決済には20日高値・安値のブレイクを用いるなど。 使い方 このストラテジーは前述のインジケーターとほぼ同じ内容のラインを表示します。 過去N日、N週間、Nヶ月の高値・安値を表示でき、エントリーの条件として過去N日高値・安値を指定することができます。 過去N週・Nヶ月高値・安値ラインは利益確定の目安に用いるなど、皆さんが独自の手法を構築するときの参考として使ってください。 その他のパラメーターについては以下の詳細を参照ください。 パラメーター： TP condition（利益確定条件）: “Pips(Pips指定)”, “When opposite entries(逆方向エントリー時)” or “Previous N days high low break(過去N日高値・安値)”から選択することができます。 “When opposite entries” を選択した場合、現在のポジションは、現在ポジションとは逆方向のエントリー条件が満たされた時に、決済されます。 例: ロングポジションはショートのエントリーが実行されると同時に決済される。 特定の過去N日高値・安値ブレイクを決済条件としたい場合は、“Previous N days high low break”を選択の上、該当するN日を”Previous N days High/Low for TP”の項目に入力してください。 SL condition(損切り基準): “Pips(Pips指定)”、“Swing High/Low(スウィングハイ・ロー)”から選択することができます。 “Swing High/Low”選択時は、高値・安値決定に必要な左右のバーの本数を指定します。 注：TP、SL条件でPipsを選択した場合は、現時点では為替通貨ペアのみに機能します。 このストラテジーに最適の時間軸は？ 当ストラテジーはスウィングトレードの手法となっているため、長期の時間軸が適しています。 為替のドルストレートペアでの結果を見てみると日足が最も適していますが、利益確定や損切り条件を調整することで、4時間足や1時間足向きにもアレンジできると思います。 上に示したストラテジーの例は、ドル円の日足における過去40年間以上でのバックテストの結果ですが、これだけの長期に渡って右上がりのエクイティカーブとともにプロフィットファクター2近くを維持するなど、かなり良い結果と言えるのではないでしょうか。 これは一つのシミュレーション結果に過ぎませんが、データを見る限りタートルの手法は現在でも機能すると言えるでしょう。
Pine Script® Strategie
von FX365_Thailand
Monthly High/Low - [JTCAPITAL]Monthly High/Low Probability Table - is a modified way to use historical monthly high and low tracking combined with probabilistic analysis for bullish and bearish months to detect potential patterns in monthly price behavior. The indicator works by calculating in the following steps: Variable Declaration Persistent variables ( var ) are used to store monthly highs, lows, open and close prices, and the days on which highs and lows occurred. Separate arrays track bullish and bearish month statistics for highs and lows ( highBull, lowBull, highBear, lowBear ). Counters ( bullCount, bearCount ) store the number of bullish and bearish months recorded. New Month Detection The script detects the start of a new month by comparing the current bar’s month to the previous bar’s month. If a new month is detected, the script proceeds to update statistics for the previous month. Monthly High/Low Recording and Classification At the start of each new month, the previous month’s high, low, open, and close are evaluated: If monthClose > monthOpen , the month is classified as bullish. If monthClose < monthOpen , the month is classified as bearish. The arrays ( highBull, lowBull, highBear, lowBear ) are updated at the respective high and low days of the month by incrementing counts, which allows the script to keep track of the frequency of monthly highs and lows occurring on specific days. Monthly High/Low Tracking During the month, the script continuously updates monthHigh and monthLow if the current bar’s high exceeds monthHigh or the low is below monthLow . The days on which these highs and lows occur are recorded ( highDay and lowDay ). The monthClose variable is continuously updated to the latest closing price. Probability Calculation Once monthly data is accumulated, the script calculates probabilities for each day of the month: bullHighProb and bullLowProb represent the probability (in percentage) that a bullish month’s high or low occurred on a given day. bearHighProb and bearLowProb represent the probability for bearish months. These probabilities are calculated by dividing the count of high or low occurrences on each day by the total number of bullish or bearish months, then multiplying by 100. This probabilistic approach allows traders to see recurring patterns for highs and lows across multiple months. Gradient Coloring Function The helper function gradientRelative computes a color gradient between lowColor and highColor based on the relative probability value. Higher probabilities are colored closer to highColor , and lower probabilities closer to lowColor . This visual representation allows for quick identification of the most probable days for highs and lows in bullish or bearish months. Dynamic Updates As new bars are processed, the table is updated in real-time with new probabilities reflecting the most recent month’s data. This dynamic behavior ensures that the table remains accurate and responsive to the latest market information. Buy and Sell Conditions: This indicator does not provide direct buy or sell signals. Instead, it provides probabilistic information about historical patterns for bullish and bearish months. Traders can use the table to: Identify days in the month where highs or lows are statistically more likely to occur. Combine with other trend-following or reversal strategies to optimize entry and exit points. For example, if a trader notices that bullish month highs frequently occur around day 15, they may plan trades around that period when other indicators align. Features and Parameters: Dynamic Probability Table : Updates in real-time as new monthly data becomes available. Historical Pattern Tracking : Maintains arrays for highs and lows in bullish and bearish months. Gradient Visualization : Uses color interpolation to quickly highlight higher probability days. Specifications: Monthly High/Low Tracking Tracks the highest and lowest prices within each month. This is the foundation of the probability calculations. It allows traders to understand when significant price events historically occur. Bullish/Bearish Month Classification Each month is classified based on the relationship between monthClose and monthOpen . This provides context for the high/low occurrences: whether they happened in bullish or bearish months. High/Low Occurrence Arrays Four arrays ( highBull, lowBull, highBear, lowBear ) store the count of high and low occurrences for each day of the month. These arrays are the core of the statistical analysis. Probability Calculation Divides the count of occurrences for each day by the total number of months in that category (bullish/bearish). Multiplying by 100 converts this to a percentage probability, giving traders a numerical sense of recurrence. Real-Time Updates The table and probabilities are recalculated and refreshed with each new bar. This ensures that traders have the most current information available without manual recalculation. User-Centric Visualization By showing probabilities for both bullish and bearish months separately, traders gain a deeper understanding of market tendencies and recurring monthly patterns, which can be leveraged for improved timing and strategy alignment. Important: There is a misalign in percentages due to not all months having the same amount of days.
Pine Script® Indikator
von JTCapitalNL
Smart High low Pivot Points ## Description The **Pivot High Low Indicator** is a powerful technical analysis tool designed to automatically identify and highlight significant pivot points in price action. This indicator marks crucial reversal zones where price has formed local peaks (pivot highs) and troughs (pivot lows), helping traders spot potential support/resistance levels and trend reversal points. The indicator features intelligent price formatting that adapts to any market - from crypto tokens to large-cap stocks - displaying values in readable formats (M/B/T notation for large numbers, precise decimals for small values). --- ## Key Features ### 🎯 **Dual Pivot Detection System** - **Pivot Highs**: Automatically identifies local price peaks where price is higher than surrounding bars - **Pivot Lows**: Detects local price bottoms where price is lower than surrounding bars - Independent left/right length settings for each pivot type ### 🎨 **Fully Customizable Appearance** - Separate color controls for pivot high and low labels - Custom text colors for optimal visibility - Distinct label background colors (default: green for highs, red for lows) - Clean, non-intrusive chart overlay ### ⚙️ **Flexible Configuration** - Adjustable left/right bar lengths for sensitivity control - Independent settings for highs and lows - Real-time adaptation to market conditions --- ## Benefits ✅ **Identify Key Support & Resistance Levels** - Pivot points often act as important price levels where reversals occur ✅ **Spot Trend Reversals Early** - Recognize when momentum shifts from bullish to bearish or vice versa ✅ **Enhanced Market Structure Analysis** - Understand swing highs and lows for better trade timing ✅ **Works Across All Markets** - Optimized for stocks, forex, crypto, commodities, and indices ✅ **Clean Visual Presentation** - Labeled price points directly on chart without clutter ✅ **Universal Price Display** - Automatically formats prices for readability regardless of asset value ## Settings Available ### **LENGTH LEFT / RIGHT** | Setting | Default | Min | Description | |---------|---------|-----|-------------| | **Pivot High - Left** | 15 | 1 | Number of bars to the left that must be lower than the pivot high | | **Pivot High - Right** | 15 | 1 | Number of bars to the right that must be lower than the pivot high | | **Pivot Low - Left** | 7 | 1 | Number of bars to the left that must be higher than the pivot low | | **Pivot Low - Right** | 7 | 1 | Number of bars to the right that must be higher than the pivot low | **💡 Tip**: Higher values = fewer, more significant pivots. Lower values = more frequent, minor pivots. ### **TEXT COLOR / LABEL COLOR** | Setting | Default | Description | |---------|---------|-------------| | **Pivot High - Text Color** | White | Color of the price text on pivot high labels | | **Pivot High - Label Color** | Green (#005703) | Background color of pivot high labels | | **Pivot Low - Text Color** | White | Color of the price text on pivot low labels | | **Pivot Low - Label Color** | Red (#7b0000) | Background color of pivot low labels | ## Use Cases - 📈 **Swing Trading**: Identify swing high/low entry and exit points - 🎯 **Support/Resistance**: Mark key levels for limit orders - 📊 **Market Structure**: Analyze higher highs/higher lows or lower highs/lower lows - ⚡ **Breakout Trading**: Spot when price breaks above pivot highs or below pivot lows - 🔄 **Reversal Trading**: Enter trades at confirmed pivot points
Pine Script® Indikator
von chartanalyst369
TR FVG & Swing High Low FinderTR FVG & Swing Level Finder Overview: The TR FVG & Swing Level Finder is a powerful Pine Script indicator designed for traders who want to identify Fair Value Gaps (FVGs) and Swing Highs/Lows on their charts. This indicator combines two essential technical analysis tools into one, helping traders spot potential areas of support, resistance, and trend reversals. FVGs are price gaps that often act as areas of interest for price to return to, while swing highs and lows help identify key turning points in the market. The indicator is highly customizable, allowing users to adjust colors, limits, and display options to suit their trading style. Key Features: 1: Fair Value Gap (FVG) Detection: - Identifies Bullish FVGs: Occur when the high of two candles ago is lower than the low of the current candle, indicating a potential upward price movement. - Identifies Bearish FVGs: Occur when the low of two candles ago is higher than the high of the current candle, indicating a potential downward price movement. - Displays FVGs as colored boxes on the chart, with customizable border and fill colors based on the timeframe. - Labels each FVG box with the corresponding timeframe (e.g., "1m FVG", "1h FVG", "Daily FVG"). 2: Swing High and Swing Low Detection: - Detects Swing Highs: A 3-candle pattern where the middle candle's high is higher than the highs of the candles on either side. - Detects Swing Lows: A 3-candle pattern where the middle candle's low is lower than the lows of the candles on either side. - Draws a solid black line with 50% opacity at each swing high and low, extending 5 bars to the right for better visibility. - Adds a small Swing High or Swing Low label at the right end of each line, colored according to user-defined settings. 3: Timeframe-Specific FVG Visualization: - FVGs are color-coded based on the chart's timeframe, making it easy to distinguish between FVGs on different timeframes. - Each timeframe has its own fill color for bullish and bearish FVGs, with adjustable transparency for better chart clarity. - A dashed black line is drawn in the middle of each FVG box to highlight the midpoint of the gap. 4: Customizable Display Options: - FVG Limit: Control the maximum number of FVGs displayed on the chart (from 1 to 20). - Extend Options for FVG Boxes: - "None": FVG boxes extend only 2 bars to the right. - "Limited": FVG boxes extend a user-defined number of candles to the right (1 to 100 candles). - "Default": FVG boxes extend 3 bars to the right of the current bar. - Color Customization: - Set border colors for bullish and bearish FVGs. - Adjust fill colors for FVGs on different timeframes (1m, 5m, 15m, 30m, 1h, 4h, Daily, Weekly, Monthly). - Customize the colors of swing high and swing low labels. 5: Performance Optimization: - The indicator only plots FVGs and swings on the last confirmed bar (barstate.islastconfirmedhistory), ensuring efficient performance and reducing chart clutter. - Limits the number of displayed FVGs and swings to the user-defined fvgLimit, keeping the chart clean and focused on the most recent price action. 6: Inputs and Customization: - Number of FVGs to Show (fvgLimit): Set the maximum number of FVGs and swings to display (default: 3, range: 1 to 20). - Bullish FVG Border Color (bullishColor): Choose the border color for bullish FVGs (default: green). - Bearish FVG Border Color (bearishColor): Choose the border color for bearish FVGs (default: red). - Swing High Color (swingHighColor): Set the color for swing high labels (default: blue). - Swing Low Color (swingLowColor): Set the color for swing low labels (default: purple). - Extend Options: - Extend Option (extendOption): Choose how far FVG boxes extend to the right ("None", "Limited", or "Default"; default: "Default"). - Extend Candles (extendCandles): If "Limited" is selected, specify the number of candles to extend FVG boxes (default: 8, range: 1 to 100). - Timeframe-Specific Fill Colors: - Customize fill colors for bullish and bearish FVGs on various timeframes (1m, 5m, 15m, 30m, 1h, 4h, Daily, Weekly, Monthly). - Each fill color has a default transparency (e.g., 93% for most timeframes, 90% for 30m), which can be adjusted as needed. How to Use: 1: Add the Indicator to Your Chart: - Open TradingView, go to the Pine Editor, and paste the script. - Click "Add to Chart" to apply the indicator to your current chart. 2: Adjust Settings: - Open the indicator settings by clicking the gear icon next to the indicator name on your chart. - Modify the inputs to suit your preferences: - Set the number of FVGs and swings to display. - Choose your preferred colors for FVGs and swings. - Adjust the extend options for FVG boxes. 3: Interpret the Indicator: - FVG Boxes: Look for colored boxes on the chart, which represent Fair Value Gaps. Bullish FVGs (green borders by default) suggest potential buying opportunities, while bearish FVGs (red borders by default) suggest potential selling opportunities. The label inside each box indicates the timeframe of the FVG. - Swing Highs and Lows: Identify key turning points with solid black lines (50% opacity) at swing highs and lows. Each line extends 5 bars to the right, with an "SH" (Swing High) or "SL" (Swing Low) label at the end. Swing highs can act as resistance levels, while swing lows can act as support levels. 4: Combine with Your Strategy: - Use FVGs to identify areas where price might return to fill the gap, often acting as support or resistance. - Use swing highs and lows to spot potential trend reversals or to set stop-loss and take-profit levels. - Combine the indicator with other tools (e.g., trendlines, moving averages) for a more comprehensive trading strategy. Notes: - The indicator works on all timeframes, but the appearance of FVGs and swings will vary depending on the chart's timeframe. - For best results, use the indicator on a clean chart to avoid visual clutter, especially if you increase the fvgLimit. - The swing high/low lines are drawn with 50% opacity to ensure they don’t overpower other chart elements, but they are still clearly visible. Author’s Note: This script was developed to help traders identify key price levels with ease. I hope it adds value to your trading! If you have any feedback or suggestions for improvement, feel free to leave a comment. Happy trading!
Pine Script® Indikator
von traderriazofficial
8