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Full Session ATR Range (Live) - with Position ToggleBelow is a publication-ready text for the "Full Session ATR Range (Live) - with Position Toggle" indicator, written in a professional yet accessible style suitable for a trading community (e.g., TradingView or a blog). The text highlights the indicator's features, usage, and benefits, while avoiding overly technical jargon for a broad audience. --- ### Introducing the Full Session ATR Range (Live) Indicator with Position Toggle Enhance your trading strategy with the **Full Session ATR Range (Live) Indicator**, a powerful tool designed to provide real-time insights into market volatility and session dynamics. This customizable indicator, now available with a position toggle feature, compares the current session's range to a 10-day Average True Range (ATR), helping traders gauge market activity and anticipate potential movements. #### Key Features - **Live Range Tracking**: Displays the current session's range (high minus low) alongside a 10-day ATR, updated in real-time during market hours. - **Session Mode Flexibility**: Includes an auto-toggle option to switch between Electronic Trading Hours (ETH) and Regular Trading Hours (RTH), adapting to your preferred trading session. Manually select ETH or RTH, or let the indicator auto-detect based on market hours. - **Comprehensive Metrics**: Offers a detailed breakdown including: - Range/Avg %: Percentage of the current range relative to the 10-day ATR. - Points Left: Remaining points to reach the average range. - 100% Range Up/Dn: Potential upper and lower targets based on the ATR difference. - **Position Customization**: Adjust the table's location on your chart with options like top-left, top-right, middle-center, or bottom-right for optimal visibility. - **Visual Appeal**: Features a customizable background and text color to match your chart theme. #### How It Works The indicator calculates the 10-day ATR using daily data and tracks the current session's range, resetting at the start of each day or session change. During market hours (e.g., 6 AM - 8 PM CDT, adjustable), it updates live, providing actionable insights. When the market is closed, it displays historical ATR while marking live metrics as "n/a" to avoid confusion. The ETH/RTH toggle ensures the range reflects either the full extended session or the core trading hours, tailored to your strategy. #### Why Use It? Whether you're a day trader monitoring intraday volatility or a swing trader assessing longer-term trends, this indicator helps you: - Identify overextended or underactive sessions compared to historical norms. - Plan entries and exits with targets based on the 100% Range Up/Dn levels. - Stay informed with a clean, adjustable display that fits your workflow. #### Installation & Customization 1. Add the indicator to your TradingView chart. 2. Adjust the ATR length (default: 10 days) and table position via the input settings. 3. Choose your session mode (Auto, ETH, or RTH) and customize colors to suit your style. 4. Test during market hours for live updates—note that static values may appear outside trading sessions. #### Feedback & Support This indicator is designed for flexibility and ease of use. Share your feedback or request enhancements by commenting below or contacting the developer. Happy trading!
Pine Script® Indikator
von Futurestraderbrian
Dynamic 50% Line [Daily and Weekly Range]This indicator automatically plots the 50% retracement level (midpoint) of the daily and weekly trading ranges. It helps traders identify key support/resistance zones where price may react, offering insights into potential reversal or continuation areas. Auction Market Theory & the 50% Level At its core, this indicator is built on Auction Market Theory (AMT), which views price movement as an ongoing auction process where buyers and sellers compete to establish value. The 50% midpoint represents fair value—the equilibrium where price is most likely to balance before continuing its trend or reversing. When price deviates too far from this level, it often returns to balance (mean reversion) or accepts new value (breakout). By tracking the daily and weekly 50% lines, traders can: Identify high-probability reversal zones (where price may reject fair value). Spot trend continuation areas (where price accepts higher/lower value). Align with institutional order flow, as large players often use these levels for execution. This makes the indicator particularly powerful for traders who follow volume profile, order flow, or ICT concepts, as it visually maps the market’s ongoing auction process. Features: ✅ Automated Daily & Weekly Midpoints – Calculates the 50% level from the high/low of each session. ✅ Customizable Line Styles – Choose between solid, dotted, or dashed lines for better visibility. ✅ Clear Labeling – Optional text labels show "50% Level" or custom text at your preferred position (left, middle, or right). ✅ Flexible Styling – Adjust line colors, thickness, and text size to match your chart theme. How It Works: Daily 50% Line: Resets at 6 PM NY time (new trading day). Weekly 50% Line: Resets on Sunday at 6 PM NY time (new trading week). The midpoint is calculated as: (High + Low) / 2 Lines extend 500 bars forward for easy visibility. Why Use This Indicator? Unlike static Fibonacci tools, this dynamic indicator auto-updates the 50% level as new highs/lows form, saving time and improving accuracy. Whether you trade forex, stocks, or crypto, these levels often act as strong magnets for price action.
Pine Script® Indikator
von CandleSyntax
1
Efficient Candle Range (ECR)Efficient Candle Range (ECR) A custom-built concept designed to detect zones of efficient price movement, often signaling the start, pause, or end of an implied move. What is the Efficient Candle Range? The Efficient Candle Range (ECR) is a unique tool that identifies price zones based on efficient candles—candles with relatively small bodies and balanced wicks. These candles reflect balanced or orderly price action, and when grouped into a range, they can reveal areas of temporary equilibrium in the market. Rather than focusing on single candles, ECR builds a range that dynamically adjusts as new efficient candles form. This gives traders an objective way to track potential areas of absorption, distribution, or transition. Why use ECR? Efficient candles often occur: At the beginning of a new move, after a liquidity sweep or shift in sentiment At the end of a strong move, as momentum fades Within consolidation zones, where price trades in a balanced, indecisive state While ECRs can appear in any market condition, their interpretation depends on context: In a range, an ECR might just reflect sideways balance. But after a sweep or breakout, it could signal a potential shift in direction or continuation. A close outside the ECR often marks the end of that balance and the start of a new impulse. How it works The script detects efficient candles based on body-to-range ratio and wick symmetry. Consecutive ECs are grouped into a live ECR box. The box dynamically extends as long as price stays inside the high-low range. Once a candle closes outside, the ECR is considered invalid (fades visually, but remains visible for reference). Each active range is labeled "ECR" within the box for easy tracking. Customizable in settings Max body percentage of range Max wick imbalance Box and label color/transparency Suggested usage Let the ECR define your observation zone. Instead of reacting immediately to an efficient candle, wait for a confirmed breakout from the ECR to validate the next move. Whether you trade breakouts, reversals, or continuation setups, ECR provides an objective way to visualize price balance and understand when the market is likely to expand. Designed for individual traders looking to build structure around efficient price movement — no specific methodology required.
Pine Script® Indikator
von joeyheick
Candle Range Classifier Dots OnlyCandle Range Classifier (Dots Only) This indicator analyzes the price range of each candle relative to its recent average range to classify market activity into three categories: wide range, narrow range, or normal range. Wide Range Candles (red dots above bars) indicate significant price movement and strong market effort. Narrow Range Candles (blue dots below bars) indicate low volatility and possible market absorption or consolidation. Normal Range Candles are not marked, keeping the chart clean and focused on meaningful range extremes.
Pine Script® Indikator
von reidmatthew804
Trend Buy/Sell Fibonacci Range - KLTThe Trend Buy/Sell Fibonacci Range – KLT indicator identifies bullish and bearish trends based on where the closing price is located within a Fibonacci range calculated from the last N candles (default is 10). Instead of analyzing individual candles, this tool takes a broader view of price action using Fibonacci retracement levels across a dynamic multi-candle range. How It Works: Range Calculation The indicator calculates the highest high and lowest low over the last N candles to define the active price range (default: 10 bars). Fibonacci Levels Within this range, Fibonacci levels (0.236, 0.382, 0.5, 0.618, 0.786) are dynamically computed. These levels act as internal thresholds to evaluate bullish or bearish pressure. Trend Identification (via Close Position): If the closing price is above the 0.618 level, it indicates strong buy pressure → the candle turns green and an upward triangle appears. If the closing price is below the 0.382 level, it suggests strong sell pressure → the candle turns red and a downward triangle is displayed. If the close lies between 0.382 and 0.618, the market is considered neutral, and the candle is gray. Visual Elements: Colored candles to immediately spot trend conditions. Triangle signals (optional) for clear Buy/Sell markers. Fibonacci level lines plotted on the chart for full context (can be toggled on/off). Customization Options: Lookback period (number of candles to calculate the range) Fibonacci threshold levels (upper/lower) Show/hide arrows and Fibonacci lines Why Use This Indicator? This tool is perfect for traders who want a simple visual method to assess trend strength based on price structure, not indicators derived from lagging moving averages. It offers: Cleaner market structure analysis Objective trend zones Customizable sensitivity Recommended Use: Works well in conjunction with support/resistance zones, volume, or momentum indicators. Applicable to any asset class or timeframe. Credits: Developed by KLT, combining structure-based logic with Fibonacci precision.
Pine Script® Indikator
von KeyLevelsTrading-KLT
1
Institutional Sweep Zone (Range-Based)Institutional Sweep Zone (Range-Based) This indicator models potential stop sweep zones based on institutional capital ranges, helping traders visualize where high-probability liquidity grabs are likely to occur. Unlike traditional volatility bands, this tool estimates price movement by calculating how far a specific amount of capital—entered into the market—can push price. By defining a lower and upper capital range (in millions of USD), the indicator dynamically draws bands representing the distance institutions could realistically move price in either direction. It supports directional control, allowing you to focus on long sweeps, short sweeps, or both simultaneously. The pip cost is auto-calibrated based on the selected currency pair, making it highly adaptive to major FX pairs. Key Features: -Capital input range (in millions of USD) -Directional sweep targeting: Long, Short, or Both -Auto-detection of pip value based on FX pair -Visual sweep zone mapped above and below current price -Designed to highlight areas of institutional stop hunts Why use it? -Helps avoid setting stops inside common sweep zones -Improves trade survivability when paired with higher timeframe strategies -Offers a unique way to view price through an institutional lens Created by: The_Forex_Steward Explore more advanced tools and concepts on my TradingView profile.
Pine Script® Indikator
von The_Forex_Steward
Price Ranged FVG📌 Price Ranged FVG Is a clean and efficient tool designed to detect Fair Value Gaps (FVGs) with adjustable filters and structural context. It’s especially useful for traders looking to filter out insignificant gaps and focus on high-probability areas, particularly around swing breaks or structural shifts. 🧠 What is a Fair Value Gap (FVG)? A Fair Value Gap appears when there’s a price imbalance between candles — typically after a strong move — where the market skips over certain price levels without trading there. These zones can act as potential areas for price to return to (mean reversion), or serve as support/resistance depending on market structure. 🔍 FVG Detection Types You can choose between three different detection modes under the "FVG Detection" input: Same Type: Only detects FVGs where the last 3 candles are in the same direction (all bullish or all bearish). All: Detects any FVG, regardless of candle direction. Twin Close: Detects FVGs only when the last two candles are in the same direction and close accordingly — offering a stricter confirmation. 🎯 FVG % Filters To filter out noise or insignificant gaps, this indicator includes: Minimum FVG % Filter: Ignores FVGs smaller than your specified percentage of the current close. Maximum FVG % Filter: Ignores overly large gaps that may be unreliable or caused by anomalies. These filters help focus on relevant FVGs that are more likely to act as reaction zones. 🏛 Structural Context (Swing Highs and Lows) The indicator plots swing highs and swing lows with dots to provide structure-based context: Set Swing Strength to 3 for detecting internal structure (shorter-term moves). Use a higher setting like 5 to focus on external structure (more significant highs/lows). These levels can help you determine whether an FVG is forming within a consolidation, breakout, or key structural transition. ✅ Use Case (My Personal Workflow) I personally use this indicator to: Filter out weak or irrelevant FVGs using the % filters. Watch for price interaction at swing breaks — especially when an FVG aligns with a break in internal or external structure. Refine entry and exit planning in confluence with other tools or strategies. ⚠️ Disclaimer This indicator is not financial advice. It is a technical analysis tool intended to support your own decision-making process. Always do your own research and risk management.
Pine Script® Indikator
von NovaTradeStar
4
Monday Range (Lines) with Fib LevelsMonday Range with Fibonacci Levels Indicator - Description This advanced TradingView indicator combines the power of Monday Range analysis with Fibonacci extension levels to help traders identify key weekly support and resistance zones. Key Features: Monday Range Detection: Automatically detects and plots the high and low of each Monday's trading range (configurable for Sunday open markets) Displays customizable horizontal lines for the weekly opening range Adjustable lookback period (1-52 weeks) Fibonacci Extension Levels: Plots 9 key Fibonacci levels (-1.618, -1.272, -0.618, 0, 0.5, 1, 1.618, 2.272, 2.618) relative to Monday's range Each Fib level is fully customizable (color, visibility, label) Negative Fib levels extend below Monday low for potential reversal zones Customizable Visuals: Choose between solid, dotted or dashed line styles Adjustable line thickness and colors Configurable label text and positioning Toggle individual elements on/off as needed How Traders Use It: Swing Traders: Identify weekly support/resistance levels for trade entries and exits Breakout Traders: Watch for price reactions at Fibonacci extension levels beyond Monday's range Mean Reversion Traders: Use negative Fib levels as potential reversal zones Institutional Flow Analysis: Monitor how price reacts at key weekly levels Settings Overview: Market Open Day selection (Sunday/Monday) Number of historical weeks to display (1-52) Complete styling control for all lines and labels Individual toggle controls for each Fibonacci level Why It's Unique: This indicator provides a rare combination of institutional weekly range analysis with mathematically precise Fibonacci extensions, giving traders a complete picture of both standard and extended price reaction zones that develop from the weekly opening range. Perfect for forex, crypto, and index traders who want to incorporate weekly opening range strategies with Fibonacci price projection techniques.
Pine Script® Indikator
von erarslan124
4
First FVG Custom Time RangeFirst FVG — Opening Range Fair Value Gap Detector Smart Money Opening Imbalance Strategy Tool This script automatically detects and highlights the first Fair Value Gap (FVG) that forms between 9:30 and 10:00 AM Eastern Time (New York session open) — a critical period often referred to as the Opening Range. It’s designed for Smart Money traders looking to isolate early-morning inefficiencies that may influence market behavior throughout the trading day. 🔍 What This Script Does: Automatically Detects the First FVG in the Opening Range Scans price action between 9:30 and 10:00 AM ET and identifies the first valid bullish or bearish FVG that forms. Only one FVG is shown per day — ensuring a clean, focused view. Draws a Visual Zone Once detected, the FVG zone is extended forward on the chart (customizable duration). A labeled zone helps users track how price reacts to it throughout the session. Optional Retest Alerts Alerts you when price re-enters the zone — a potential reaction point used by SMC traders. Customization Options Set your preferred session time window Adjust zone duration (in bars) Customize label font size, colors, and visibility Enable/disable alert on retest 📈 Why the First FVG Matters: Time-Sensitive Setup: The first FVG typically forms no earlier than 9:31 AM ET and represents a potential “time distortion” or imbalance zone created by aggressive market participants during the open. Behavioral Study: Many traders journal how price behaves around this zone each day — whether it acts as support, resistance, or gets traded through later in the session. Predictive Value: Observing how this zone is respected or broken can provide anticipatory insight into intraday price action, rather than reactive analysis. Great for New Traders: This opening FVG is often recommended as a starting reference point for building trade models and understanding how institutional imbalances unfold. 🚀 What Makes It Unique: This tool doesn’t spam your chart with every FVG. It laser-focuses on a single, time-bound zone backed by institutional logic — the first presented imbalance of the day during the opening range. Use it to: Monitor price behavior around early inefficiencies Plan journal entries and pattern recognition Align intraday setups with a high-probability SMC model Whether you’re scalping, journaling market structure, or refining entries based on liquidity behavior — this script helps you make the first 30 minutes count.
Pine Script® Indikator
von MrWoof888
BBr1 Candle Range Volitility Gap IndicatorModified Candle Range Volatility Gap Indicator 1. Useful to analyze bars body and wicks and volatility of security. 2. Added a Percentage Option - easier to analyze across different securities. 2. Added a Standard Deviation ("1 std dev= 68.2%, 2 std dev=95.4%, 3 std dev=99.7%, etc") based upon user defined lookback period. 3. Added the ability to include Gaps in Analysis. (Gaps are when the prior closing cost does not equal opening price) 4. Possible Uses setting up stop losses, trailing entries/exits (inside range or outside range). 5. Use it with other indicators in determining if to make an entry or close entry. Reposted Original Description by © ka66 Kamal Advani Visually shows the Body Range (open to close) and Candle Range (high to low). Semi-transparent overlapping area is the full Candle Range, and fully-opaque smaller area is the Body Range. For aesthetics and visual consistency, Candle Range follows the direction of the Body Range, even though technically it's always positive (high - low). The different plots for each range type also means the UI will allow deselecting one or the other as needed. For example, some strategies may care only about the Body Range, rather than the entire Candle Range, so the latter can be hidden to reduce noise. Threshold horizontal lines are plotted, so the trader can modify these high and low levels as needed through the user interface. These need to be configured to match the instrument's price range levels for the timeframe. The defaults are pretty arbitrary for +/- 0.0080 (80 pips in a 4-decimal place forex pair). Where a range reaches or exceeds a threshold, it's visually marked as well with a shape at the Body or Candle peak, to assist with quicker visual potential setup scanning, for example, to anticipate a following reversal or continuation.
Pine Script® Indikator
von BBItsTime
Dynamic Range Finder [The_lurker]هو أداة تهدف إلى تحديد نطاق السعر الديناميكي بناءً على التقلبات ومتوسط الأسعار . حيث يتم التعرف على مناطق التوحيد السعري (Consolidation) ويعطي إشارات شراء وبيع عند اختراق أو كسر هذا النطاق . // يفضل استخدام المؤشر على اطار 4 ساعات واكثر // مميزات المؤشر : 1- اكتشاف النطاق السعري الديناميكي - يقوم المؤشر بحساب متوسط السعر خلال فترة محددة ومقارنة الإغلاقات الحديثة بمدى تقلب الأسعار (ATR) لمعرفة ما إذا كان السعر يتحرك داخل نطاق معين. 2- تحديد الاختراقات Breakout Signals - عند اختراق السعر الحد العلوي للنطاق، يظهر المؤشر إشارة شراء (BUY). - عند كسر السعر الحد السفلي للنطاق، يظهر المؤشر إشارة بيع (SELL). 3- دعم أنماط متعددة للمتوسطات المتحركة - يسمح للمستخدمين باختيار نوع المتوسط المتحرك (SMA، EMA، WMA) المستخدم في حساب متوسط السعر. 4- إعدادات مخصصة للفلترة بحجم التداول (اختياري) - فلترة حجم التداول هي ميزة اختيارية في المؤشر تسمح بتصفية إشارات الشراء والبيع بناءً على قوة الحجم المتداول مما يعزز دقة الإشارات عن طريق التأكد من أن الاختراقات السعرية مدعومة بحجم تداول قوي 5- تصميم مرن مع تخصيص للألوان والأنماط - يمكن للمستخدمين تغيير ألوان النطاق وإشارات البيع والشراء حسب رغبتهم. 6- تنبيهات آلية عند حدوث كسر أو اختراق - يتضمن تنبيهات (Alerts) عند حدوث إشارة بيع أو شراء. كيف يعمل المؤشر؟ * يتم حساب متوسط السعر خلال الفترة المحددة (rangePeriod). * يتم حساب التقلب السعري (ATR) ومضاعفته بمعامل النطاق (rangeMultiplier). * يتم رسم مستطيل يعبر عن النطاق السعري بين (متوسط السعر ± التقلب). * إذا تجاوز السعر الحد العلوي → إشارة شراء (BUY). * إذا كسر السعر الحد السفلي → إشارة بيع (SELL). * يمكن تصفية الإشارات باستخدام حجم التداول (اختياري). 1.0 → الحجم الحالي يجب أن يكون على الأقل مساويًا للمتوسط. 1.2 → الحجم الحالي يجب أن يكون أعلى من المتوسط بنسبة 20%. 1.5 → الحجم الحالي يجب أن يكون أعلى من المتوسط بنسبة 50%. تنويه: المؤشر هو أداة مساعدة فقط ويجب استخدامه مع التحليل الفني والأساسي لتحقيق أفضل النتائج. إخلاء المسؤولية لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. It is a tool that aims to determine the dynamic price range based on fluctuations and average prices. Consolidation areas are identified and buy and sell signals are given when this range is breached or broken. // It is preferable to use the indicator on a 4-hour frame or more // Features of the indicator: 1- Detecting the dynamic price range - The indicator calculates the average price over a specific period and compares recent closings with the price volatility range (ATR) to see if the price is moving within a specific range. 2- Identifying Breakout Signals - When the price breaks the upper limit of the range, the indicator shows a buy signal (BUY). - When the price breaks the lower limit of the range, the indicator shows a sell signal (SELL). 3- Support for multiple moving average patterns - Allows users to choose the type of moving average (SMA, EMA, WMA) used to calculate the average price. 4- Custom settings for filtering by trading volume (optional) - Trading volume filtering is an optional feature in the indicator that allows filtering buy and sell signals based on the strength of the trading volume, which enhances the accuracy of the signals by ensuring that price breakouts are supported by strong trading volume 5- Flexible design with customization of colors and patterns - Users can change the colors of the range and buy and sell signals as they wish. 6- Automatic alerts when a breakout or breakout occurs - Includes alerts when a buy or sell signal occurs. How does the indicator work? * The average price is calculated over the specified period (rangePeriod). * The price volatility (ATR) is calculated and multiplied by the range factor (rangeMultiplier). * A rectangle is drawn that represents the price range between (average price ± volatility). * If the price exceeds the upper bound → a buy signal (BUY). * If the price breaks the lower bound → a sell signal (SELL). * Signals can be filtered using trading volume (optional). 1.0 → Current volume should be at least equal to the average. 1.2 → Current volume should be 20% above the average. 1.5 → Current volume should be 50% above the average. Disclaimer: The indicator is an auxiliary tool only and should be used in conjunction with technical and fundamental analysis to achieve the best results. Disclaimer The information and posts are not intended to be, or constitute, any financial, investment, trading or other types of advice or recommendations provided or endorsed by TradingView.
Pine Script® Indikator
von The_lurker
28
Session Opening Ranges [DB](Reuploaded with open source script) A simple indicator that displays the 15 minute opening ranges of the Asia, London and New York trading sessions. You can select how many days you want to display in total and also customise the colors of each session. The indicator is coded to NY time and should always display at the correct times, which are: - 18:00 - 18:15 for Asia - 03:00 - 03:15 for London - 09:30 - 09:45 for New York You can also choose to display the sessions name and/or range in points. If you find any bugs let me know in the comments. Enjoy!
Pine Script® Indikator
von dariusz_barabas
JJ Highlight Time Ranges with First 5 Minutes and LabelsTo effectively use this Pine Script as a day trader , here’s how the various elements can help you manage trades, track time sessions, and monitor price movements: Key Components for a Day Trader: 1. First 5-Minute Highlight: - Purpose: Day traders often rely on the first 5 minutes of the trading session to gauge market sentiment, watch for opening price gaps, or plan entries. This script draws a horizontal line at the high or low of the first 5 minutes, which can act as a key level for the rest of the day. - How to Use: If the price breaks above or below the first 5-minute line, it can signal momentum. You might enter a long position if the price breaks above the first 5-minute high or a short if it breaks below the first 5-minute low. 2. Session Time Highlights: - Morning Session (9:15–10:30 AM): The market often shows its strongest price action during the first hour of trading. This session is highlighted in yellow. You can use this highlight to focus on the most volatile period, as this is when large institutional moves tend to occur. - Afternoon Session (12:30–2:55 PM): The blue highlight helps you track the mid-afternoon session, where liquidity may decrease, and price action can sometimes be choppier. Day traders should be more cautious during this period. - How to Use: By highlighting these key times, you can: - Focus on key breakouts during the morning session. - Be more conservative in your trades during the afternoon, as market volatility may drop. 3. Dynamic Labels: - Top/Bottom Positioning: The script places labels dynamically based on the selected position (Top or Bottom). This allows you to quickly glance at the session's start and identify where you are in terms of time. - How to Use: Use these labels to remind yourself when major time segments (morning or afternoon) begin. You can adjust your trading strategy depending on the session, e.g., being more aggressive in the morning and more cautious in the afternoon. Trading Strategy Suggestions: 1. Momentum Trades: - After the first 5 minutes, use the high/low of that period to set up breakout trades. - Long Entry: If the price breaks the high of the first 5 minutes (especially if there's a strong trend). - Short Entry: If the price breaks the low of the first 5 minutes, signaling a potential downtrend. 2. Session-Based Strategy: - Morning Session (9:15–10:30 AM): - Look for strong breakout patterns such as support/resistance levels, moving average crossovers, or candlestick patterns (like engulfing candles or pin bars). - This is a high liquidity period, making it ideal for executing quick trades. - Afternoon Session (12:30–2:55 PM): - The market tends to consolidate or show less volatility. Scalping and mean-reversion strategies work better here. - Avoid chasing big moves unless you see a clear breakout in either direction. 3. Support and Resistance: - The first 5-minute high/low often acts as a key support or resistance level for the rest of the day. If the price holds above or below this level, it’s an indication of trend continuation. 4. Breakout Confirmation: - Look for breakouts from the highlighted session time ranges (e.g., 9:15 AM–10:30 AM or 12:30 PM–2:55 PM). - If a breakout happens during a key time window, combine that with other technical indicators like volume spikes , RSI , or MACD for confirmation. --- Example Day Trader Usage: 1. First 5 Minutes Strategy: After the market opens at 9:15 AM, watch the price action for the first 5 minutes. The high and low of these 5 minutes are critical levels. If the price breaks above the high of the first 5 minutes, it might indicate a strong bullish trend for the day. Conversely, breaking below the low may suggest bearish movement. 2. Morning Session: After the first 5 minutes, focus on the **9:15 AM–10:30 AM** window. During this time, look for breakout setups at key support/resistance levels, especially when paired with high volume or momentum indicators. This is when many institutions make large trades, so price action tends to be more volatile and predictable. 3. Afternoon Session: From 12:30 PM–2:55 PM, the market might experience lower volatility, making it ideal for scalping or range-bound strategies. You could look for reversals or fading strategies if the market becomes too quiet. Conclusion: As a day trader, you can use this script to: - Track and react to key price levels during the first 5 minutes. - Focus on high volatility in the morning session (9:15–10:30 AM) and **be cautious** during the afternoon. - Use session-based timing to adjust your strategies based on the time of day.
Pine Script® Indikator
von JoanJagan
2
CANDLE RANGE THEORY (H1 Only)Hello traders. This indicator identifies CRT candles -Each candle is a range. -Each candle has its own po3. -Focus on specific times of the day. By recognizing the importance of time and price, we can capture high-quality trades. Together with HTF PD array, Look for 4-hour candles forming at specific times of the day. (1am - 5am - 9am EST) -After the 1st candle, wait for the 2nd candle to clear the high/low of the 1st candle and then close inside the 1st candle range at a specific time (1-5-9) and look for entries in the LTF Why choose 1 5 9 hours EST? ### **1. 1:00 AM (EST)** - **Trading Session:** This is the time between the Tokyo (Asian) session and the Sydney (Australian) session. The Asian market is very active. - **Characteristics:** - Liquidity: Moderate, as only the Asian market is active. - Volatility: Pairs involving JPY (Japanese Yen), AUD (Australian Dollar), and NZD (New Zealand Dollar) tend to have higher volatility. - Trading Opportunities: Suitable for traders who like to trade trends or news in the Asian region. - **Note:** Volatility may be lower than the London or New York session. ### **2. 5:00 AM (EST)** - **Trading Session:** This is the time near the end of the Tokyo session and the London (European) session is about to open. - **Characteristics:** - Liquidity: Starts to increase due to the preparation of the European market. - Volatility: This is the time between two trading sessions, there can be strong fluctuations, especially in major currency pairs such as EUR/USD, GBP/USD. - Trading opportunities: Suitable for breakout trading strategies when liquidity increases. - **Note:** The overlap between Tokyo and London can cause sudden fluctuations. ### **3. 9:00 AM (EST)** - **Trading sessions:** This time is within the London session and near the beginning of the New York session. - **Characteristics:** - Liquidity: Very high, as this is the period between the two largest sessions – London and New York. - Volatility: Extremely strong, especially for major currency pairs such as EUR/USD, GBP/USD, USD/JPY. - Trading opportunities: Suitable for both news trading and trend trading, as this is the time when a lot of economic data is released (usually from the US or the European region). - **Note:** High volatility can bring big profits, but also comes with high risks. ### **Summary of effects:** - **1 AM (EST):** Moderate volatility, focusing on Asian currency pairs. - **5 AM (EST):** Increased liquidity and volatility, suitable for breakout trading. - **9 AM (EST):** High volatility and high liquidity, the best time for Forex trading. ==> How to trade, when the high/low of CRT is swept, move to LTF to wait for confirmation to enter the order Only sell at high level and buy at discount price. Find CE at specific important time. Trading CRT with HTF direction has better win rate. The more inside bars, the higher the probability. Place a partial and Move breakeven at 50% range. Do a backtest and post your chart.
Pine Script® Indikator
von Paulhdvn
22
ADR Table BY @ICT_YEROADR Table BY @ICT_YERO Created by: @ICT_YERO This custom indicator is designed to provide the Average Daily Range (ADR) for multiple timeframes, including Daily, 4-Hour, and 1-Hour. The indicator is tailored to assist traders in understanding price volatility and making informed trading decisions. Key Features Multi-Timeframe ADR Calculation: Automatically calculates and displays the ADR for Daily, 4-Hour, and 1-Hour timeframes. Helps traders identify potential price movement ranges for different trading sessions. Dynamic Range Visualization: Clear visual representation of the ADR on the chart, making it easy to spot price extremes. Real-time updates to reflect changes in price movement. Custom Alerts: Option to set alerts when the price approaches the ADR high or low. Useful for identifying potential reversal zones or breakout opportunities. User-Friendly Interface: Simple and intuitive settings to customize colors, levels, and display preferences. Seamlessly integrates with your existing TradingView setup. ICT-Inspired Methodology: Designed for traders who follow ICT concepts, focusing on precision and high-probability setups. Applications Range Trading: Helps determine the high and low boundaries for scalping or intraday setups. Volatility Analysis: Understand market behavior during different times of the day or week. Reversal Zones: Identify areas where price is likely to reverse, based on ADR extremes. Whether you're a scalper, day trader, or swing trader, this indicator provides a comprehensive overview of price volatility across multiple timeframes, making it an essential tool for your trading arsenal.
Pine Script® Indikator
von SILVER_BULLET369
1
Average Candle RangeThis indicator calculates and displays the average trading range of candles over a specified period, helping traders identify volatility patterns and potential trading opportunities. Features: - Customizable lookback period (1-500 bars) - Clean visual display in a top-right table overlay - High-precision calculation showing 10 decimal places - Real-time updates with each new bar How it Works: The indicator calculates the range of each candle (High - Low) and then computes the Simple Moving Average (SMA) of these ranges over your specified lookback period. The result is displayed in an easy-to-read table overlay. Use Cases: - Volatility Analysis: Monitor market volatility trends - Position Sizing: Help determine position sizes based on average price movements - Trading Strategy Development: Use as a reference for setting stop losses and take profits - Market Phase Identification: Help identify high vs low volatility market phases Settings: - Lookback Period: Default is 140 bars, adjustable from 1 to 500 Note: The indicator displays values with 10 decimal places for high-precision analysis, particularly useful in markets with small price movements.
Pine Script® Indikator
von whattheAsad
ka66: Candle Range MarkThis is a simple trailing stop loss tool using bar ranges, to be used with some discretion and understanding of basic price action. Given a configurable percentage value, e.g. 25%: A bullish bar (close > open) will be marked at the lower 25% A bearish bar (close < open) will be marked at the upper 25% The idea is to move your stop loss after each completed bar in the direction of the trade, at the configured percentage value. If you have an inside bar, or something very close to it, or a doji-type bar, don't trail that, because there is no clarity of what the bar means, we can only wait. The chart shows an example use, with trailing at 10% of the bar, from the initial stop loss after entry, trailing till we get stopped out. Some things to note: Because this example focuses on a short trade, we ignore the bullish candles, and keep our trailing stop at the last bearish candle. We ignore doji-esque candles and inside bars, where the body is in the range of the prior candle. Some definitions of inside bars include the wicks as well. I don't have a strong opinion, and this example is just for illustration. Furthermore, the inside bar will likely be the opposite of the swing bars (e.g. bullish bar in a range of bearish bars), so our stop remains unchanged. One could use this semi-systematic approach in scalping on any timeframe, for example to maximise gains, adjusting the bar percentage as needed.
Pine Script® Indikator
von ka66
Dynamic RSI Mean Reversion StrategyDynamic RSI Mean Reversion Strategy Overview: This strategy uses an RSI with ATR-Adjusted OB/OS levels in order to enhance the quality of it's mean reversion trades. It also incorporates a form of trend filtering in an effort to minimize downside and maximize upside. The backtest has fewer trades, as it uses substantial filtering to enhance trade quality. As you can see, I didn't cherry pick the results, so the results aren't the most beautiful thing you'll see in your life. I did this to ensure nobody gets misled. If you need a higher frequency of trades, consider removing the trend filter or increasing the length of the EMAs used for trend detection. Features: Dynamic OB/OS Levels: Uses ATR to adjust overbought and oversold thresholds dynamically, making the RSI more responsive in varying volatility conditions. This approach enhances signal strength by expanding the RSI range in high volatility and tightening it in low volatility. Mean Reversion Focus: Designed for mean reversion but incorporates a trend-following filter to reduce countertrend trades. When the RSI is high, it often indicates an uptrend, so a trend filter prevents shorting in these cases and the same goes for downtrends and longing. Trend Filtering: A moving average cross trend filter checks for the trend direction, with the RSI signal line color-coded to reflect trend shifts. Entries occur when the RSI crosses above or below the dynamic thresholds and is not a countertrend trade. Stop Losses: Stop losses are set based on ATR distance from the entry price, providing volatility-adjusted protection. Note: If you're using this strategy on assets with a higher price, remember to increase the initial capital in the strategy settings. Otherwise, the strategy won't generate any (or many) trades and you'll end up with some inaccurate results. Recommended Use: Test it on different assets and timeframes. I’ve found the best results with standard RSI inputs, a relatively slow ATR, and a slower MA cross for trend filtering. Thus, the defaults are set that way. If the trend metrics are too slow, you’ll filter out too many good trades while allowing crummy ones; if too fast, most trades may be filtered out. As always, this has a lot of configurability so experiment to find the balance that works for your trading style.
Pine Script® Strategie
von nathanfarmer
1
ATR Range Pivot LinesDescription: This Pine Script calculates and plots pivot lines based on ATR (Average True Range) value and closing price. It uses the previous trading day's ATR value to set static pivot levels for the current trading day. These pivot lines help traders identify potential support and resistance levels based on historical volatility. The script includes two main pivot lines—ATR High and ATR Low —and two midpoint lines between them for additional context. Labels are added to show the exact pivot values, with options to customize label positions. Intended Use: The script is designed to help traders forecast potential price ranges for the current trading day based on the previous day’s volatility. By adding and subtracting the previous day's ATR from the prior close, the script identifies key levels where price action may encounter support or resistance. It is useful for setting realistic price targets or entry/exit points. Since the ATR-based pivot lines are static for the entire day, they provide a reliable range for intraday trading strategies. Disclosure: This script was generated using AI. It is recommended to review and test the script thoroughly before applying it in live trading scenarios.
Pine Script® Indikator
von Eli-Copter
Negroni Opening Range StrategyStrategy Summary: This tool can be used to help identify breakouts from a range during a time-zone of your choosing. It plots a pre-market range, an opening range, it also includes moving average levels that can be used as confluence, as well as plotting previous day SESSION highs and lows. There are several options on how you wish to close out the trades, all described in more detail below. Back-testing Inputs: You define your timezone. You define how many trades to open on any given day. You decide to go: long only, short only, or long & short (CAREFUL: "Long & Short" can open trades that effectively closes-out existing ones, for better AND worse!) You define between which times the strategy will open trades. You define when it closes any open trades (preventing overnight trades, or leaving trades open into US data times!!). This hopefully helps make back-testing reflect YOUR trading hours. NOTE: Renko or Heikin-Ashi charts For ALL strategies, don’t use Renko or Heikin-Ashi charts unless you know EXACTLY the implications. Specific to my strategy, using a renko chart can make this 85-90% profitable (I wish it was!!) Although they can be useful, renko charts don’t always capture real wicks, so the renko chart may show your trade up-only but your broker (who is not using renko!!) will have likely stopped you out on a wick somewhere along the line. NOTE: TradingView ‘Deep backtesting’ For ALL strategies, be cynical of all backtesting (e.g. repainting issues etc) as well as ‘Deep backtesting’ results. Specific to this strategy, the default settings here SHOULD BE OK, but unfortunately at the time of writing, we can’t see on the chart what exactly ‘deep backtesting’ is calculating. In the past I have noted a number of trades that were not closed at the end of the day, despite my ‘end of day’ trade closing being enabled, so there were big winners and losers that would not have materialized otherwise. As I say, this seems ok at these settings but just always be cynical!! Opening Range Inputs You define a pre-market range (example: 08:00 - 09:00). You define an opening range (example: 09:00 - 09:30). The strategy will give an update at the close of the opening range to let you know if the opening range has broken out the pre-market range (OR Breakout), or if it has remained inside (OR Inside). The label appears at the end of the opening range NOT at the bar that ‘broke-out’. This is just a visual cue for you, it has no bearing on what the strategy will do. The strategy default will trade off the pre-market range, but you can untick this if you prefer to trade off the opening range. Opening Trades: Strategy goes long when the bar (CLOSE) crosses-over the ‘pre-market’ high (not the ‘opening range’ high); and the time is within your trading session, and you have not maxed out your number of trades for the day! Strategy goes short when the bar (CLOSE) crosses-under the ‘pre-market’ low (not the ‘opening range low); and the time is within your trading session, and you have not maxed out your number of trades for the day! Remember, you can untick this if you prefer to trade off the opening range instead. NOTES: Using momentum indicators can help (RSI and MACD): especially to trade range plays in failed breakouts, when momentum shifts… but the strategy won’t do this for you! Using an anchored vwap at the session open can also provide nice confluence, as well as take-profit levels at the upper/lower of 3x standard deviation. CLOSING TRADES: You have 6 take-profit (TP) options: 1) Full TP: uses ATR Multiplier - Full TP at the ATR parameters as defined in inputs. 2) Take Partial profits: ATR Multiplier - Takes partial profits based on parameters as defined in inputs (i.e close 40% of original trade at TP1, close another 40% of original trade at TP2, then the remainder at Full TP as set in option 1.). 3) Full TP: Trailing Stop - Applies a Trailing Stop at the number of points, as defined in inputs. 4) Full TP: MA cross - Takes profit when price crosses ‘Trend MA’ as defined in inputs. 5) Scalp: Points - closes at a set number of points, as defined in inputs. 6) Full TP: PMKT Multiplier - places a SL at opposite pre-market Hi/Low (we go long at a break-out of the pre-market high, 50% would place a SL at the pre-market range mid-point; 100% would place a SL at the pre-market low)'. This takes profit at the input set in option 1).
Pine Script® Strategie
von RoyalNegroni
1
Opening Range Breakout [UkutaLabs]█ OVERVIEW The Opening Range Breakout is a powerful trading tool that indicates a strong range based on the high and low of the first fifteen or thirty minutes after market open. This range serves as a potential area of Support or Resistance that traders should be aware of during their trading. Because of this, the Opening Range Breakout is a versatile trading tool that can be included in a wide variety of trading strategies. The aim of this script is to simplify the trading experience of users by automatically identifying and displaying price levels that they should be aware of. █ USAGE When the New York Market opens each day, the script will automatically identify and label the opening range in real time. The user can control whether the script measures the first 15 or 30 minutes of each trading day to fit each trader’s trading style. Because there tends to be a spike in volume during this period, the range that is identified can serve as a powerful indication of overall market strength. Once the price breaks out of this range, it then can be used as an area of support or resistance depending on the direction of the breakout. █ SETTINGS Configuration • Show Labels: Determines whether labels are drawn within the range. • Display Mode: Determines the number of days the script should load. Range Settings • 15 Minute: Determines whether or not the 15 minute range is drawn. • 15 Minute Color: Determines the color of the 15 minute range and labels. • 30 Minute: Determines whether or not the 30 minute range is drawn. • 30 Minute Color: Determines the color of the 30 minute range and labels.
Pine Script® Indikator
von UkutaLabs
36
Three Candle Rolling Pivot Range**Strategy Description: Three Previous Candle Rolling Pivot Range** **Introduction:** This trading strategy is based on the concept of the rolling pivot range calculated from the high, low, and close prices of the three previous candles. The rolling pivot range serves as a dynamic support and resistance level, and this strategy aims to capture potential trading opportunities based on the price relationship with this range. **Strategy Components:** **1. Rolling Pivot Range Calculation:** - **Rolling Pivot:** Calculate the rolling pivot by averaging the high, low, and close prices of the three previous candles. - **Second Number:** Find the midpoint between the high and low of the three previous candles. - **Pivot Differential:** Measure the difference between the rolling pivot and the second number. - **Rolling Pivot Range High:** Set as rolling pivot + pivot differential. - **Rolling Pivot Range Low:** Set as rolling pivot - pivot differential. **2. Entry Rules:** - **Long Entry:** - Initiate a long entry when the current close is above both the rolling pivot range high and the rolling pivot. - Continue the long entry as long as both the rolling pivot range high and low are higher than the corresponding values of the previous candle. - **Short Entry:** - Start a short entry when the current close is below both the rolling pivot range high and the rolling pivot. - Continue the short entry as long as both the rolling pivot range high and low are lower than the corresponding values of the previous candle. **Visualization:** - **Plotting:** - The rolling pivot range high, rolling pivot, and rolling pivot range low are plotted on the chart for visual reference. - Long entry points are marked with a green triangle below the corresponding candle. - Short entry points are marked with a red triangle above the corresponding candle. **Conclusion:** This strategy leverages the rolling pivot range to identify potential reversal points in the market. By considering the relative position of the current price compared to the dynamic support and resistance levels, the strategy aims to capture favorable trading opportunities. However, like all trading strategies, it should be used cautiously and backtested thoroughly on historical data to ensure its effectiveness before implementation in a live trading environment. Additionally, risk management techniques should always be applied to safeguard trading capital.
Pine Script® Indikator
von Sabarijegan
1
Kviateq - Session Opening RangesThis indicator plots the opening range for each of the market sessions. Users can chose the length of the opening range, as well as change the time for each of the sessions. This script is based on opening range breakout strategies, which entail taking a long/short depending on which way the price breaks out. To trade it, we wait for the session opening range to print, and then we enter upon a candle close. It's meant to be used on lower timeframes, ideally one hour or lower. It can be used by itself, but it works even better in combination with other indicators, like moving averages. Enjoy
Pine Script® Indikator
von hundredtoamillion