Position Size CalculatorPosition Size Calculator
This open-source Pine Script® indicator helps traders manage risk by calculating position size, margin, and risk/reward based on account size, leverage, entry, stop-loss, and take-profit. It features a customizable table and optional chart lines/labels for clear trade planning across stocks, forex, crypto, and futures.
What It Does
- Position Size: Computes units to trade based on risk percentage and stop-loss distance, capped by leverage.
- Margin: Calculates initial margin in base currency and USD, with account size percentage.
- Risk/Reward: Shows risk-reward ratio, percentage price movements, and USD gains/losses.
- Visualization: Displays results in a table and optional chart lines/labels with customizable styles.
How It Works
- Precision: Adjusts price formatting using syminfo.mintick for accuracy across assets.
- Calculations: Position size = accountSize * (riskPercent / 100) / |entry - stoploss|, capped by accountSize * leverage / entry. Margin = positionSize / leverage. Risk-reward = |takeprofit - entry| / |stoploss - entry|.
- Display: Table shows metrics; optional lines/labels plot entry, stop-loss, and take-profit with percentage and USD details.
How to Use
- Set Inputs:
1- Account Size (USD): Your capital (e.g., 1000).
2- % Risk per Trade: Risk tolerance (e.g., 1%).
3- Leverage: Broker leverage (e.g., 1x, 10x).
4- Entry, Stop Loss, Take Profit: Trade prices.
5- Show Lines and Labels: Enable chart overlays.
- Customize: Adjust table position, colors, and line styles (Solid, Dashed, Dotted).
- View Results: Table shows position size, margin, and risk/reward. Chart lines/labels (if enabled) display prices, percentages, and USD outcomes.
- Apply: Use metrics for trade execution; modify code for custom features.
Notes
- Ensure valid inputs (entry ≠ stop-loss, both positive) to avoid “N/A”.
- Open-source: Inspect or extend the code for your needs.
- Contact the author via TradingView for feedback.
In den Scripts nach "stop loss" suchen
ATR SL/TPStop Loss Finder ATR
A Stop Loss Finder ATR indicator is a dynamic risk management tool leveraging the Average True Range (ATR) to identify and track optimal stop-loss levels based on current market volatility.
A stop hunt indicator is a technical tool designed to identify potential instances where large market participants, often referred to as "smart money," deliberately move the price to trigger a large number of stop-loss orders, creating a temporary price distortion before reversing the trend. These indicators aim to help traders detect these events to either avoid being stopped out or to enter trades in the direction of the anticipated reversal.
For example, a long wick below support with high volume may signal a bullish stop-hunt , indicating that the price has been driven down to trigger sell-stop orders before reversing upward. Conversely, a long wick above resistance with high volume may signal a bearish stop-hunt , suggesting the price was pushed up to trigger buy-stop orders before reversing downward. The presence of such wicks is often associated with candlestick patterns like hammers or shooting stars.
Unlike fixed stop-losses, this indicator adapts its distance from the current price using a customizable ATR multiplier, ensuring that stop-loss levels are neither too tight (prone to being triggered by normal market noise) nor too wide (exposing capital to excessive risk) . The core function calculates the true range—considering the current high-low range, gaps up, and gaps down—over a user-defined period (typically 14 bars), then applies a multiplier to generate a volatility-adjusted stop-loss distance . This approach allows the indicator to dynamically widen stops during high-volatility periods and tighten them during calm markets, providing a more responsive and context-aware exit strategy.
Extended CANSLIM Indicator❖ Extended CANSLIM Indicator.
The Extended CANSLIM indicator is an indicator that concentrates all the tools usually used by CANSLIM traders.
It shows a table where all the stock fundamental information is shown at once first for the last quarter and then up to 5 years back.
The fundamental data is checked against well known CANSLIM validation criteria and is shown over 4 state levels.
1. Good = Value is CANSLIM Compliant.
2. Acceptable = Value is not CANSLIM compliant but still good. value is shown with a lighter background color.
3. Warning = Value deserves special attention. Value is shown over orange background color.
3. Stop = Value is non CANSLIM compliant or indicates a stop trading condition. Value is shown over red background color.
The indicator has also a set of technical tools calculated on price or index and shown directly on the chart.
❖ Fundamental data shown in the table.
The table is arranged in 4 sets of data:
1. Table Header, showing Indicator and Company data.
2. CANSLIM.
3. 3Rs: RS Rating, Revenue and ROE.
4. Extra Data: Piotroski score, ATR, Trend Days, D to E, Avg Vol and Vol today.
Sets 3 and 4 can be hidden from the table.
❖ Indicator and Compay Data.
The table header shows, Indicator name and version.
It then displays Company Name, sector and industry, human size and its capitalization.
❖ CANSLIM Data.
Displays either genuine CANSLIM data from TradinView or custom data as best effort when that data cannot be obtained in TV.
C = EPS diluted growth, Quarterly YoY.
>= 25% = Good, >= 0% = Acceptable, < 0% = Stop
A = EPS diluted growth, Annual YoY.
>= 25% = Good, >= 0% = Acceptable, < 0% = Stop
N = New High as best effort (Cust).
Always Good
S = Float shares as best effort.
Always Good
L = One year performance relative to S&P 500 (Cust),
Positive : 0% .. 50% = Neutral, 50%+ = Leader, 80%+ = Leader+, 100%+ = Leader++
Negative : 0% .. -10% = Laggard, -10% .. -30% = Laggard+, -30%+ = Laggard++
>= 50% = Good, >= 0% = Acceptable, >= -10% Warning, < -10% = Stop
I = Accumulation/Distribution days over last 25 days as a clue for institutional support (Cust).
A delta is calculated by subtracting Distribution to Accumulation days.
> 0 = Good, = 0 = Acceptable, < 0 = Warning, < -5 = Stop
M = Market direction and exposure measured on S&500 closing between averages (Cust).
Varies from 0% Full Bear to 100% Full Bull
>= 80% = Good, >= 60% = Acceptable, >= 40% = Warning, < 40% = Stop
❖ Extra non CANSLIM Data.
RS = RS Rating.
>= 90 = Good, >= 80 = Accept, >= 50 = Warning, < 50 = Stop
Rev. = Revenue Growth Quarterly YoY.
>= 0% = Good, <0% = Stop
ROE = Return on Equity, Quarterly YoY.
>= 17% = Good, >= 0% = Acceptable, < 0% = Stop
Piotr. = Piotroski Score, www.investopedia.com (TV)
>= 7 = Good, >= 4 = Acceptable, < 4 = Stop
ATR = Average True Range over the last 20 days (Cust).
0% - 2% = Acceptable, 2% - 4% = Ideal, 4% - 6% = Warning, 5%+ = Stop.
Trend Days = Days since EMA150 is over EMA200 (Cust).
Always Good
D. to E. = Days left before Earnings. Maybe not a good idea buying just before earnings (Cust).
>= 28 = Good, >= 21 = Acceptable, >= 14 = Warning, < 14 = Stop
Avg Vol. = 50d Average Volume (Cust).
>= 100K = Good, < 100K = Acceptable
Vol. Today = Today's percentage volume compared to 50d average (Cust).
Always Good.
❖ Historical Data.
Optionally selectable historical data can be displayed for C, A, Revenue and ROE up to 20 quarters if available.
Quarterly numbers can also be displayed for A, C and Revenue.
Information can be shown in Chronological or Reverse Chronological order (default).
Increasing growth quarters are shown in white, while diminuing ones are shown in Yellow.
Transition from Losing to Profitable quarters are shown with an exclamation mark ‘!’
Finally, losing quarters are shown between parenthesis.
❖ MAs on chart.
Displays 200, 100, 50 and 20 days MAs on chart.
The MAs are also automatically scaled in the 1W time frame.
❖ New 52 Week High on chart.
A sun is shown on the chart the first time that a new 52 week high is reached.
The N cell shows a filled sun when a 52 week high is no older than a month, an lighter sun when it’s no older than a quarter or a moon otherwise.
❖ Pocket Pivots on chart.
Small triangles below the price are signaling pocket pivots.
❖ Bases on chart, formerly Darvas Boxes.
Draw bases as defined by Darvas boxes, both top or bottom of bases can be selected to be shown in order to only show resistance or support.
❖ Market exposure/direction indicator.
When charting S&P500 (SPX), Nasdaq 100 Index (NDX), Nasdaq composite (IXIC) or Dow Jownes Index (DJIA), the indicator switches to Market Exposure indicator, showing also Accumulation/Distribution days when volume information is available. This indication which varies from 0% to 100% is what is shown under the M letter in the CANSLIM table which is calculated on the S&P500.
❖ Follow Through Days indicator.
If you are an adept of the Low-cheat entry, then you will be highly interested by the Follow Through days indicator as measured in the S&P 500 and shown as diamonds on the chart.
The follow-through days are calculated on S&P500 but shown in current stock chart so you don’t need to chart the S&P 500 to know that a follow through day occurred.
Follow Through days show correctly on Daily time frame and most are also shown on the Weekly time frame as well.
They are also classified according to the market zone in which they occur:
0%-5% from peak = Pullback : FT day is not shown.
5%-10% from peak = Minor Correction : Minor FT days is shown.
10%-20% from peak = Correction : Intermediate FT days us shown
20+% from peak = Bear Market : Makor FT days is shown
❖ RS Line and Rating indicator.
A RS Line and Rating indicator can be added to the chart.
Relative Strength Rating Accuracy.
Please note that the RS Rating is not 100% accurate when compared to IBD values.
❖ Earning Line indicator.
An Earning Line indicator can be added to the chart.
❖ ATR Bands and ATR Trade calculator.
The motivation for this calculator came from my own need to enter trades on volatile stocks where the simple 7% Stop Loss rule doest not work.
It simply calculates the number of shares you can buy at any moment based on current stock price and using the lower ATR band as a stop loss.
A few words about the ATR Bands.
On this indicator the ATR bands are not drawn as a classical channel that follows the price.
The lower band is drawn as a support until it’s broken on a closing basis. It can’t be in a down trend.
The upper band is drawn as a resistance until it’s broken on a closing basis. It can’t be in an up trend.
The idea is that when price starts to fall down from a peak, it should not violate its lower band ATR and that means that we can use that level as a Stop Loss.
You must look back for the stock volatility and find out which ATR multiplier works well meaning that the ATR bands are not violated on normal pullbacks. By default, the indicator uses 5x multiplier.
❖ Extra things, visual features and default settings.
The first square cell of current quarter displays a check mark ‘V’ if the CANSLIM criteria is OK or acceptable or a cross ‘X’ otherwise.
The first square cell of historical C and Rev show respectively the count of last consecutive positive quarters.
There are different color themes from “Forest” to “Space” you can chose from to best fit your eyes.
You also have different table sizes going from “Micro” to “Huge” for better adjustment to the size of your display.
The default settings view show: Pocket Pivots, FT Days, MA50, RS Line and ATR Bands.
That's all, Enjoy!
Fundur - Trend TraderFundur - Trend Trader: Complete Trading Indicator Guide
Indicator Overview
The Fundur - Trend Trader is a comprehensive dual-timeframe analysis indicator that combines fair value structure analysis, risk-reward calculations, and dynamic trend identification into one powerful trading tool. This indicator is designed to provide traders with precise entry and exit points while offering complete risk management insights.
What Makes Trend Trader Unique?
The Trend Trader goes beyond traditional pivot point indicators by introducing Fair Value Structure Analysis - a methodology that analyzes the relationship between two timeframes to determine market bias and optimal trading opportunities. Unlike static indicators, Trend Trader provides dynamic analysis that adapts to market conditions in real-time.
Core Methodology
The indicator operates on the principle that markets oscillate between Premium (overvalued) and Discount (undervalued) zones relative to fair value levels. By analyzing these zones across multiple timeframes, traders can identify high-probability trade setups with clearly defined risk-reward parameters.
Key Features
🎯 Dual-Timeframe Fair Value Analysis
Higher Timeframe Structure : Primary trend direction and major levels
Lower Timeframe Structure : Refined entry opportunities and micro-trend analysis
Dynamic Relationship : Real-time analysis of timeframe alignment
📊 Comprehensive Level System
Fair Value (FV) : Central equilibrium level for entries
Premium Levels (P1, P2, P3) : Sell zones with increasing distance from fair value
Discount Levels (D1, D2, D3) : Buy zones with increasing distance from fair value
🧠 Intelligent Trend Detection
Session-to-Session Analysis : Compares current vs previous session fair values
Trend Signals : Clear LONG/SHORT setup identification
Structure Bias : Bullish/Bearish fair value structure determination
⚖️ Advanced Risk-Reward System
Real-Time R:R Calculations : Dynamic risk-reward ratios for all levels
Leverage Recommendations : Optimal position sizing based on measured risk
Risk Percentage Display : Precise risk calculations for informed decisions
🎨 Smart Visual Features
Level Hit Tracking : Automatically darkens touched levels during session
Squeeze Detection : Identifies low-volatility periods with special bar coloring
Dynamic Highlighting : Price-responsive level emphasis
Zone Fills : Visual premium and discount area identification
Setup Guide
Step 1: Adding the Indicator
Open TradingView and navigate to your desired chart
Click the "Indicators" button or press "/" key
Search for "Fundur - Trend Trader"
Add the indicator to your chart
Step 2: Basic Configuration
Timeframe Settings
Higher Timeframe : Default is Weekly (W), adjust based on your trading style:
Scalping : Use 4H for higher timeframe
Day Trading : Use Daily (D) for higher timeframe
Short-Term Swing Trading : Use Weekly (W) for higher timeframe
Long-Term Swing Trading : Use Monthly (M) for higher timeframe
Position Trading : Use Quarterly (3M) or Yearly (12M) for higher timeframe
History Bars :
Higher Timeframe: 10 bars (recommended)
Lower Timeframe: 50 bars (recommended)
Visual Settings
Line Widths : Adjust for visibility preference
Zone Fills : Enable for better visual zone identification
Bar Coloring : Enable structure and squeeze coloring
Step 3: Label Configuration
Essential Labels (Recommended Settings)
✅ Show All Labels: ON
✅ Show Trend Direction: ON
✅ Show Higher Timeframe Labels: ON
⚠️ Show Lower Timeframe Labels: OFF (avoid clutter initially)
✅ Show Price Values: ON
Label Style Options
Use Short Names : ON (P1, D2, FV instead of full names)
Combine Timeframe & Description : ON (creates compact labels like "W-FV")
Label Style : Choose between Modern or Classic
Step 4: Risk-Reward Setup
✅ Show Risk-Reward Analysis: ON
✅ Show Measured Risk Values: ON
✅ Apply Leverage to Calculations: ON
Leverage Multiplier : Start with 1.0, adjust based on your risk tolerance
Basic Trading Guide
Understanding Fair Value Structure
The indicator's foundation is the Fair Value Structure - the relationship between higher and lower timeframe fair value levels:
Bullish Structure (🔵)
Condition : Lower timeframe FV above higher timeframe FV
Bias : Look for LONG opportunities
Focus : Fair Value Structure for entries (continuation strategy)
Strategy : Enter long positions at Fair Value, take profits at Premium levels (P1, P2, P3)
Bearish Structure (🟠)
Condition : Lower timeframe FV below higher timeframe FV
Bias : Look for SHORT opportunities
Focus : Fair Value Structure for entries (continuation strategy)
Strategy : Enter short positions at Fair Value, take profits at Discount levels (D1, D2, D3)
Entry Strategies
Primary Strategy: Fair Value Continuation Entries
Setup : Price approaches fair value level with established structure bias
Entry : In Fair Value Structure (in between the lower timeframe and higher timeframe fair value)
Direction : Follow the structure bias (long in bullish structure, short in bearish structure)
Stop Loss: Two approaches available:
Advanced Method : Place stop shy of liquidation point to avoid liquidation
Hassle-Free Method : Previous high/low OR just beyond higher timeframe Fair Value
For Long Positions : Stop below higher timeframe Fair Value
For Short Positions : Stop above higher timeframe Fair Value
Profit Taking Strategy:
For Long Positions (Bullish Structure):
75% profits at Premium 1 (P1) - highest probability target
50% of remaining position at Premium 2 (P2)
Close entire position at Premium 3 (P3)
Move stop loss to break even after first profits
For Short Positions (Bearish Structure):
75% profits at Discount 1 (D1) - highest probability target
50% of remaining position at Discount 2 (D2)
Close entire position at Discount 3 (D3)
Move stop loss to break even after first profits
Alternative Strategy: Structure Transition Entries
Setup : Structure changes from bearish to bullish (or vice versa)
Entry : At new fair value level after structure confirmation
Risk Management : Tight stops during structure transition periods
Targets : Follow primary profit-taking methodology above
Risk Management Framework
Position Sizing Using Leverage Recommendations
The indicator calculates optimal leverage based on measured risk:
Conservative : Use 50% of recommended leverage
Moderate : Use 75% of recommended leverage
Aggressive : Use 100% of recommended leverage
Never exceed : 150% of recommended leverage
Stop Loss Placement
Follow the methodology outlined in the Primary Strategy section:
Advanced Method : Place stop shy of liquidation point to avoid forced liquidation
Hassle-Free Method : Use structural levels for clear invalidation
Long Positions : Stop below higher timeframe Fair Value
Short Positions : Stop above higher timeframe Fair Value
Alternative : Previous significant high/low levels
Analysis Setups
Setup 1: Scalping Configuration (1-5 minute charts)
Timeframe Settings:
Higher Timeframe: 4H (240)
Lower Timeframe: 1H (auto-calculated)
History: 5 bars for higher, 20 bars for lower
Visual Settings:
Enable all visual features for quick decision making
Use Classic label style for cleaner appearance
Enable squeeze coloring for volatility awareness
Trading Approach:
Focus on fair value continuation entries
Quick entries in fair value structure
Tight risk management using R:R table
Target P1/D1 levels for primary profits (75% position)
Setup 2: Day Trading Configuration (5-15 minute charts)
Timeframe Settings:
Higher Timeframe: Daily (D)
Lower Timeframe: 4H (auto-calculated)
History: 10 bars for higher, 30 bars for lower
Visual Settings:
Enable zone fills for clear premium/discount identification
Show both timeframe labels
Enable level hit tracking
Trading Approach:
Use structure bias for directional bias
Enter in fair value structure for continuation trades
75% profits at P1/D1, scale out to P2/D2, close at P3/D3
Hold positions across multiple sessions following structure
Setup 3: Short-Term Swing Trading Configuration (1-4 hour charts)
Timeframe Settings:
Higher Timeframe: Weekly (W)
Lower Timeframe: Daily (auto-calculated)
History: 15 bars for higher, 50 bars for lower
Visual Settings:
Emphasize higher timeframe levels
Show trend direction signals
Enable complete risk-reward analysis
Trading Approach:
Primary focus on higher timeframe structure
Patient entries in fair value structure
Follow standard profit-taking: 75% at P1/D1, scale to P3/D3
Use lower timeframe for refined fair value entries
Setup 4: Long-Term Swing Trading Configuration (4H charts)
Timeframe Settings:
Higher Timeframe: Monthly (M)
Lower Timeframe: Weekly (auto-calculated)
History: 20 bars for higher, 75 bars for lower
Visual Settings:
Clean label setup focusing on major levels
Enable trend direction for bias confirmation
Simplified visual approach for clarity
Trading Approach:
Monthly structure provides major trend direction
Entries in fair value structure
Hold positions for several weeks
Apply standard profit-taking methodology at premium/discount zones
Setup 5: Position Trading Configuration (Daily/Weekly charts)
Timeframe Settings:
Higher Timeframe: Quarterly (3M) or Yearly (12M)
Lower Timeframe: Monthly or Quarterly (auto-calculated)
History: 25 bars for higher, 100 bars for lower
Visual Settings:
Clean label setup focusing on key levels
Enable all alert systems
Simplified color scheme
Trading Approach:
Structure changes signal major macro trend shifts
Very patient entries in fair value structure confirmation
Long-term continuation trades targeting extended premium/discount levels
Hold positions for months to years following structure bias
Focus on major market cycles and long-term trend continuations
Setup 6: Multi-Asset Analysis Configuration
For Forex Pairs:
Adjust decimal precision for pip accuracy
Focus on daily/weekly structure
Use tight risk management due to leverage
For Crypto Assets:
Higher volatility requires wider stops
24/7 markets need continuous monitoring
Structure breaks often lead to extended moves
For Stock Indices:
Respect market hours for structure analysis
Economic events can override technical levels
Seasonal patterns affect structure behavior
Visual Components
Level Indicators
Solid Lines : Active levels based on current price position
Highlighted Levels : Levels within current price range
Darkened Levels : Previously touched levels during current session
Zone Fills
Red Zones : Premium areas (selling opportunities)
Green Zones : Discount areas (buying opportunities)
Cloud Fill : Area between dual timeframe fair values
Bar Coloring
Purple Bars : Squeeze conditions (low volatility)
Structure Colors : Based on price position relative to fair value levels
Labels and Information
Level Labels : Price values and targets for each level
Trend Signals : Clear LONG/SHORT setup indications
Risk-Reward Table : Comprehensive analysis panel
Risk Management
Built-in Risk Controls
Measured Risk System
The indicator automatically calculates risk percentages based on:
Distance from fair value to premium/discount levels
Current price position
Leverage settings applied
Optimal Leverage Calculations
Long Positions : Based on discount risk measurement
Short Positions : Based on premium risk measurement
Dynamic Adjustment : Changes with market conditions
Risk-Reward Ratios
Each level displays its R:R ratio considering:
Entry point (fair value or current price)
Target level
Stop loss level
Applied leverage
Recommended Risk Parameters
Conservative Trading
Maximum 1-2% risk per trade
Use 50% of recommended leverage
Target R:R ratios above 2:1
Focus on high-probability setups only
Moderate Trading
Maximum 2-3% risk per trade
Use 75% of recommended leverage
Accept R:R ratios above 1.5:1
Trade multiple setups with correlation awareness
Aggressive Trading
Maximum 3-5% risk per trade
Use up to 100% of recommended leverage
Accept R:R ratios above 1:1
Active management required
Alert System
Structure Alerts
Fair Value Structure Bullish : When structure turns bullish
Fair Value Structure Bearish : When structure turns bearish
Level Interaction Alerts
For each premium and discount level:
Touch Alerts : When price reaches the level
Cross Above : When price breaks above the level
Cross Below : When price breaks below the level
Range Alerts
Rising into FV : Price enters fair value range from below
Falling into FV : Price enters fair value range from above
Rising Above FV : Price breaks above fair value range
Falling Below FV : Price breaks below fair value range
Setting Up Alerts
Enable desired alert types in indicator settings
Create TradingView alerts using the indicator
Configure notification methods (email, SMS, app)
Test alerts with historical data first
Customization Options
Color Schemes
Fair Value Colors : Customize based on structure bias
Premium/Discount Colors : Match your chart theme
Dynamic Coloring : Automatically adjusts based on price position
Label Customization
Text Transparency : Adjust readability
Background Transparency : Control label prominence
Size Options : From tiny to large based on chart size
Position Options : Multiple screen positions available
Table Settings
Position : 9 different screen positions
Size : 4 size options for different screen resolutions
Transparency : Adjust for chart readability
Best Practices
Chart Setup Recommendations
Screen Real Estate Management
Use larger timeframes for cleaner appearance
Minimize lower timeframe labels on smaller screens
Position risk-reward table to avoid price action interference
Multi-Timeframe Analysis
Keep one chart with higher timeframe focus
Use secondary chart for lower timeframe entries
Synchronize timeframe selection across charts
Trading Psychology Integration
Patience with Structure
Wait for clear structure bias before trading
Avoid trading during structure transition periods
Respect the higher timeframe bias
Risk Management Discipline
Never ignore the calculated risk percentages
Use leverage recommendations as guidelines, not rules
Adjust position sizes based on market conditions
Entry Timing
Use lower timeframes for precise entries
Wait for price to reach significant levels
Confirm entries with additional confluence factors
Common Mistakes to Avoid
Over-Analysis
Don't wait for perfect setups that may never come
Focus on high-probability scenarios
Accept that not every level will hold
Ignoring Structure Bias
Don't fight the overall structure direction
Adjust strategies when structure changes
Respect multi-timeframe alignment
Poor Risk Management
Never risk more than the indicator suggests
Don't ignore stop loss levels
Avoid emotional position sizing
Advanced Techniques
Structure Transition Trading
Identify when structure is changing
Position for new bias direction
Use tight risk management during transitions
Level Confluence
Look for multiple level alignments
Combine with support/resistance
Use volume analysis for confirmation
Seasonal and Market Hour Awareness
Adjust for different market sessions
Consider seasonal patterns in structure
Account for economic calendar events
Conclusion
The Fundur - Trend Trader indicator represents a comprehensive approach to modern technical analysis, combining traditional pivot point methodology with advanced fair value structure analysis. By following the guidelines in this manual and adapting the settings to your trading style, you can harness the full power of this indicator for more informed and profitable trading decisions.
Remember that no indicator is perfect, and the Trend Trader should be used as part of a complete trading strategy that includes fundamental analysis, risk management, and proper psychology. Start with conservative settings and gradually increase sophistication as you become more familiar with the indicator's behavior in different market conditions.
For best results, practice with the indicator in demo accounts first, understand its behavior in various market conditions, and always prioritize risk management over profit potential.
Titan Cross System🧠 Indicator Description
This indicator is designed to detect key moments of distribution and accumulation in the price action of an asset (in this case, XAUUSD - Gold) using two exponential moving averages (EMAs):
EMA 8 (orange): Fast-reacting average, sensitive to price changes.
EMA 20 (blue): Slower average, provides a smoother trend overview.
It generates two types of signals:
🔻 Bearish Cross (EMA 8 crosses below EMA 20): Possible start of a distribution phase (sell signal).
🔺 Bullish Cross (EMA 8 crosses above EMA 20): Possible accumulation or end of distribution (buy signal).
📈 Performance Analysis (20 Trades per Timeframe)
Test Parameters:
Stop Loss: 50 pips
Take Profit: 150 pips
Asset: XAUUSD (Gold)
Entry Method: EMA Cross
Trading Sessions: Not specified (average behavior)
Timeframe Wins Losses Win Rate Total Return
2 min 14/20 6 70% +1800 pips
5 min 13/20 7 65% +1600 pips
15 min 15/20 5 75% +2000 pips
1 hour 15/20 5 75% +2000 pips
🔍 Timeframe Breakdown
2 Minutes: Strong for scalping with a 70% win rate. More frequent signals but higher noise.
5 Minutes: Solid performance, but slightly more false signals.
15 Minutes: Excellent balance between accuracy and signal clarity. Great for intraday trading.
1 Hour: Very stable for swing trading. Fewer signals but with higher precision and reliability.
🧠 Conclusion
This indicator performs best on 15-minute and 1-hour timeframes, reaching up to 75% accuracy and a strong positive return. For faster entries, 2-minute charts are also effective, though they require tighter risk management due to market noise.
Rishabh Intraday Options Indicator
📌 Overview
This invite-only indicator is tailored for intraday options trading in major Indian indices — NIFTY, BANKNIFTY, CNXFINANCE, and NIFTY_MID_SELECT .
It identifies high-probability trading opportunities based on price deviations from the daily Open, High, and Low levels .
The strategy is strictly designed for same-day, BUY-only option entries , offering structured targets , risk-managed stop-loss , and visual clarity for actionable decision-making.
Option expiry levels are manually updated before each expiry (weekly for NIFTY, monthly for others). Built-in safety filters automatically block trades during extreme volatility or when the spot price input is significantly off-range for the Specific Day .
⚙️ Key Features
📈 Highlights BUY-side opportunities only
🎯 Displays up to five dynamic target levels
🔒 Calculates stop-loss based on recent swing points
📊 Tracks price deviation from key levels to generate trade signals
🔍 Analyzes Spot and Option charts to provide signals on the Options symbol
🚨 Triggers alerts and shows labels when conditions are met
✏️ Customizable label sizes for enhanced readability
⏱️ Designed specifically for the 1-minute timeframe for maximum accuracy
📈 How to Use
Open a 1-minute chart of any supported symbol:
NIFTY
BANKNIFTY
CNXFINANCE
NIFTY_MID_SELECT
Manually input the day’s open price in the script settings.
(An error message will show the correct value if input is incorrect — refer to Visual Guide #4)
Monitor price deviation around the day’s High and Low .
Trade signals are more reliable during pullbacks .
📌 Call entries are displayed above the bar (near the day’s High)
📌 Put entries are shown below the bar (near the day’s Low)
💡 Recommended:
Book 50% profits at Target 1
Manage remaining quantity with extended targets
📉 Risk Management System
Stop-Loss : Recent minor swing low for Calls and Puts
Target Levels (based on option premium movement):
🎯 Target 1: 1× stop-loss value
🎯 Target 2: 2× stop-loss value
🎯 Target 3: 3× stop-loss value
🎯 Target 4: 4× stop-loss value
🎯 Target 5: 5× stop-loss value
🖼️ Visual Guide
#1.Nifty_Day_High_Low – Highlights intraday high/low levels
#2.Invalid Timeframe Error – Shown if not on a 1-minute chart
➡️ Fix: Switch to 1-minute timeframe
#3.Invalid Symbol Error – Appears if the symbol is not one of the four supported indices
➡️ Fix: Use NIFTY, BANKNIFTY, CNXFINANCE, or NIFTY_MID_SELECT
#4.Invalid Open Price – Shown when open input doesn't match actual open
➡️ Fix: Enter the open price shown in the error label into input settings
#5.Expired Option Error – Appears when the script detects that the configured expiry date has passed
➡️ Fix: Contact the script authors to get the latest version with updated expiry settings
#6.Nifty_Put_Buy Entry – Displays:
Option Type
= PE
Strike Price
= 56300
Entry Price = 706.35
Stop-Loss = 672.00
All Target Levels
Expiry = 28-08-2025
Timestamp = 10:45:00 am
#7.Nifty_Call_Buy Entry – Same details as above for Call setups
Option Type
= CE
Strike Price
= 57000
Entry Price = 1412.05
Stop-Loss = 1394.70
All Target Levels
Expiry = 28-08-2025
Timestamp = 9:41:00 am
⚠️ Important Notes
⏱️ Works only on 1-minute timeframe
✅ Compatible only with NIFTY, BANKNIFTY, CNXFINANCE, and NIFTY_MID_SELECT
✍️ Manual input of the day’s open is mandatory
🚫 No repainting – once confirmed, levels stay fixed
🔒 Invite-only access maintains tool integrity and quality usage
📅 Expiry Strike Management: Expiry dates are updated manually by the author (weekly for NIFTY, monthly for others). The latest update timestamp is shown at the top of the Input-Tab of Indicator Panel.
✋ If market conditions are extremely volatile, the script may display:
“Price is too volatile today. Avoid trading under such conditions. Please check back tomorrow.”
📊 If the manually entered spot price is too far from the current range, the script may display:
“Spot price is significantly deviated from expected levels. Trading is not advised at the moment. See you tomorrow.”
🔶 CONCLUSION & ACCESS
This indicator is designed to provide a structured and disciplined approach to intraday options trading, with clear targets and defined risk management.
👉 For details on how to request access, please see the Author’s Instructions section below.
📢 Disclaimer
This script is intended solely for educational and informational purposes . It does not provide financial or investment advice, nor should it be interpreted as a recommendation to buy, sell, or trade any securities or derivatives.
We are not SEBI-registered advisors , and the strategies shown are not personalized guidance . Past performance or backtested results are not indicative of future outcomes and should not be relied upon for live trading without thorough evaluation.
Trading in financial markets — especially options — involves significant risk . Both profits and losses are inherent to the trading process.
📎 We recommend practicing with paper trading for at least one month to understand the strategy’s behavior in live markets.
Rainbow Channel by Mrazycat彩虹通道指标是一种用于虚拟货币价格压力预测的工具，专门设计用于资产价格（例如 BTCUSDT，ETHUSDT）的对数图表，尤其是在周时间框架上运行。
该指标旨在提供市场动态的可视化表示，重点是围绕资产价格的移动平均线（MA）动态调整的通道。该通道随市场条件的变化而调整，并在通道内包括额外的参考点。
目的
趋势识别：通过基于SMA和用户定义参数动态调整通道，帮助可视化整体趋势。
波动性评估：通道宽度可以作为市场波动性的指标。
反转点识别：彩虹通道的顶部红色压力位和底部紫色支撑位分别代表市场的强压力区和强支撑区。当资产价格接近或穿越这些极限时，可能提示潜在的趋势反转或修正。
长期趋势分析：协助进行长期趋势分析。
使用说明
时间框架建议：彩虹通道指标在四小时（4H）时间框架上表现最佳，适合一般市场条件。然而，在极端市场波动情况下，若价格明显向上突破红色压力区或向下跌破支撑区，则建议切换到更高时间框架（例如日线图，1 DAY）进行进一步分析，以确保全面评估市场趋势和潜在风险。
趋势指示：通道中的绿色线代表中线基础价格，该价格基于移动平均线（MA）的参考值。当价格持续维持在绿色线以上时，通常被视为多头趋势的延续；相反，当价格维持在绿色线以下时，则可能指示空头趋势的延续。市场的多空趋势转变常常围绕绿色中间线进行博弈，因此观察价格在该线附近的波动对于识别趋势变化至关重要。
止损点和止盈点：彩虹通道提供了开仓时的止盈和止损价格参考。具体来说，当在绿色中线附近进行多单开仓时，浅蓝色线的价格可作为止损点的参考，从而有效地限制潜在损失。通过使用彩虹通道，交易者能够更准确地设定合理的止盈和止损位置，以优化交易策略并加强风险管理。
注意事项
验证：建议在历史数据上进行仔细的回测，以验证识别出的机会。
用户自行判断：交易决策不应仅仅依赖于此脚本。用户应运用判断力并考虑市场状况。
广告推荐
为了增强市场趋势分析和压力位把握，建议将彩虹通道与懒猫线上的Master Trend Navigator（趋势大师导航仪）结合使用。Master Trend Navigator能够帮助用户更准确地进行市场趋势切换，并分析压力位和量能关系，从而进一步提升交易决策的质量和可靠性。
更多虚拟货币的实用指标可以联系懒猫先生，X账号是Jeffmo0769。
Overview
The Rainbow Channel Indicator is a tool for predicting cryptocurrency price pressure, specifically designed for logarithmic charts of asset prices (such as BTCUSD) and particularly effective in weekly time frames. This indicator aims to provide a visual representation of market dynamics, focusing on channels dynamically adjusted around the asset price's Moving Average (MA). These channels adapt to changing market conditions and include additional reference points within the channel.
Purpose
Trend Identification: Helps visualize overall trends by dynamically adjusting channels based on SMA and user-defined parameters.
Volatility Assessment: The width of the channel can serve as an indicator of market volatility.
Reversal Point Identification: The top red pressure level and the bottom purple support level of the Rainbow Channel represent strong pressure and support areas. When asset prices approach or cross these limits, it may indicate potential trend reversals or corrections.
Long-term Trend Analysis: Assists in conducting long-term trend analysis.
Usage Instructions
Time Frame Recommendation: The Rainbow Channel Indicator performs best in a four-hour (4H) time frame, suitable for general market conditions. However, in extreme market volatility, if the price significantly breaks above the red pressure area or falls below the support zone, it is recommended to switch to a higher time frame (such as the daily chart, 1 DAY) for further analysis to ensure a comprehensive evaluation of market trends and potential risks.
Trend Indication: The green line in the channel represents the baseline price, based on the reference value of the Moving Average (MA). When the price consistently stays above the green line, it is generally considered a continuation of the bullish trend; conversely, when the price remains below the green line, it may indicate a continuation of the bearish trend. Market trend shifts often occur around the green line, so observing price fluctuations near this line is crucial for identifying trend changes.
Stop Loss and Take Profit Points: The Rainbow Channel provides reference prices for setting stop loss and take profit points when opening positions. Specifically, when opening long positions near the green baseline, the price of the light blue line can be used as a stop loss reference to effectively limit potential losses. By using the Rainbow Channel, traders can more accurately set reasonable stop loss and take profit levels to optimize trading strategies and enhance risk management.
Notes
Validation: It is recommended to conduct thorough backtesting on historical data to validate identified opportunities.
User Discretion: Trading decisions should not solely rely on this script. Users should exercise judgment and consider market conditions.
Advertising Recommendation
To enhance market trend analysis and pressure level understanding, it is recommended to use the Rainbow Channel in conjunction with Lazy Cat's Master Trend Navigator. The Master Trend Navigator can help users more accurately navigate market trend shifts and analyze pressure levels and volume relationships, thereby further improving the quality and reliability of trading decisions.
For more practical indicators for cryptocurrencies, you can contact Mr. Lazy Cat on X, account Jeffmo0769.
Gann Single Square Swing Trading System with Gann AnglesGann Single Square Swing Trading System
This script automatically detects "squares" - geometric patterns where price movement equals time movement. When price moves the same distance as the number of bars (time), it creates powerful support/resistance levels based on Gann theory.
Key Visual Elements
• Box: The detected square pattern
• Dark Blue Line (50%): Most important trading level
• Green Lines: Profit target levels (125%, 150%)
• Red Lines: Stop loss levels (-25%, -50%)
• Colored Angle Lines: Gann angles for trend direction
• Quality Score: Blue label showing setup strength (aim for 70%+)
Simple Trading Rules
LONG Trades (Green 🟢 Square)
1. Entry: Buy when price touches the dark blue 50% line from above
2. Stop Loss: Place below the red -25% line
3. Take Profit: Exit at green 125% line (first target) or 150% line (second target)
SHORT Trades (Red 🔴 Square)
1. Entry: Sell when price touches the dark blue 50% line from below
2. Stop Loss: Place above the red -25% line
3. Take Profit: Exit at green 125% line (first target) or 150% line (second target)
Entry Checklist
✅ Square quality score > 70%
✅ Price touches 50% level (dark blue line)
✅ Volume above average (if volume filter enabled)
✅ Clear square formation visible
Alerts
The script generates automatic alerts when price reaches the 50% trading level. Enable alerts in TradingView to get notified of setups.
Bottom Line: Wait for the alert → Check quality score → Enter at 50% level → Set stop at red line → Take profit at green line.
SFC Indicator_2507使用說明書 / User Manual
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概述 / Overview
繁體中文：
SFC Indicator 是一個多功能技術分析指標，整合了布林通道、移動平均線、真實波幅均值(ATR)、箱型理論以及 Bollinger Bandit 策略。此指標專為 TradingView 平台設計，提供全面的交易信號與風險管理工具。
English:
SFC Indicator is a comprehensive technical analysis indicator that integrates Bollinger Bands, Moving Averages, Average True Range (ATR), Box Theory, and Bollinger Bandit strategy. Designed for the TradingView platform, it provides comprehensive trading signals and risk management tools.
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主要功能 / Key Features
1. 布林通道 (Bollinger Bands)
繁體中文：
- 支援雙標準差設定 (σ1, σ2)
- 預設週期：21
- 提供上軌、中軌、下軌顯示
- 自動生成買賣信號
English:
- Supports dual standard deviation settings (σ1, σ2)
- Default period: 21
- Displays upper, middle, and lower bands
- Automatic buy/sell signal generation
2. 移動平均線 (Moving Averages)
繁體中文：
- 三條可配置的移動平均線：快線(10)、中線(20)、慢線(60)
- 支援 SMA 和 EMA 切換
- 自定義顏色設定
English:
- Three configurable moving averages: Fast (10), Medium (20), Slow (60)
- Supports SMA and EMA switching
- Customizable color settings
3. 真實波幅均值 (Average True Range - ATR)
繁體中文：
- 預設週期：14
- 支援多種平滑方式：RMA、SMA、EMA、WMA
- 動態止損計算
- 風險管理工具
English:
- Default period: 14
- Multiple smoothing methods: RMA, SMA, EMA, WMA
- Dynamic stop-loss calculation
- Risk management tool
4. 箱型理論 (Box Theory)
繁體中文：
- 自動識別價格區間
- 視覺化箱型範圍
- 突破信號提示
English:
- Automatic price range identification
- Visual box range display
- Breakout signal alerts
5. Bollinger Bandit 策略
繁體中文：
- 動態追蹤止損
- ROC (變動率) 確認
- 自適應平倉機制
English:
- Dynamic trailing stop
- ROC (Rate of Change) confirmation
- Adaptive position closing mechanism
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參數設定 / Parameter Settings
布林通道設定 / Bollinger Bands Settings
- 布林通道均線週期 BB Period: 21 (計算週期)
- 標準差 σ1: 1 (第一標準差倍數)
- 標準差 σ2: 2 (第二標準差倍數)
移動平均線設定 / Moving Average Settings
- 快線 Fast MA: 10 (短期移動平均)
- 中線 Medium MA: 20 (中期移動平均)
- 慢線 Slow MA: 60 (長期移動平均)
- 使用 EMA: false (切換至指數移動平均)
ATR 設定 / ATR Settings
- 週期 Period: 14 (ATR 計算週期)
- 平滑方式 Smoothing: RMA (平滑算法選擇)
Bollinger Bandit 設定 / Bollinger Bandit Settings
- 布林通道週期 BB Period: 50 (Bandit 策略布林週期)
- 初始平倉均線週期 Initial Exit MA: 50 (初始止損均線週期)
- ROC 週期 ROC Period: 30 (變動率計算週期)
箱型理論設定 / Box Theory Settings
- 箱型週期 Box Period: 21 (價格區間計算週期)
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交易信號說明 / Trading Signals
布林通道信號 / Bollinger Bands Signals
繁體中文：
- 做多信號：價格連續 X 根 K 棒低於下軌後，突破下軌向上
- 做空信號：價格連續 X 根 K 棒高於上軌後，跌破上軌向下
- 止盈目標：上軌 (Profit1) 和上 2 軌 (Profit2) 或下軌和下 2 軌
- 止損點：下 2 軌減去 ATR 值或上 2 軌加上 ATR 值
English:
- Buy Signal: Price crosses above lower band after staying below for X consecutive bars
- Sell Signal: Price crosses below upper band after staying above for X consecutive bars
- Take Profit: Upper band (Profit1) and upper 2σ band (Profit2) or lower equivalents
- Stop Loss: Lower 2σ band minus ATR value or upper 2σ band plus ATR value
Bollinger Bandit 信號 / Bollinger Bandit Signals
繁體中文：
- 做多條件：ROC > 0 且價格突破 Bandit 上軌
- 做空條件：ROC < 0 且價格跌破 Bandit 下軌
- 動態止損：使用自適應移動平均線作為追蹤止損
English:
- Buy Condition: ROC > 0 and price breaks above Bandit upper band
- Sell Condition: ROC < 0 and price breaks below Bandit lower band
- Dynamic Stop: Uses adaptive moving average as trailing stop
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視覺元素說明 / Visual Elements
圖表元素 / Chart Elements
- 綠色三角形 ▲：做多信號 (Buy Signal)
- 紅色倒三角形 ▼：做空信號 (Sell Signal)
- 橘色線：動態止損均線 (Dynamic Stop Loss MA)
- 藍色圓點：ROC > 0 (向上動能 / Upward Momentum)
- 橘色圓點：ROC < 0 (向下動能 / Downward Momentum)
資訊面板 / Information Panel
繁體中文：
右上角顯示即時交易資訊，包含：
- 當前交易方向 (做多/做空/空手)
- 進場價格 (Entry)
- 止損價格 (Loss)
- 止盈目標 1 和 2 (Profit1, Profit2)
- Bandit 上下軌價格 (Upper, Lower)
- 動態止損線數值 (Dynamic)
English:
Top-right panel displays real-time trading information:
- Current position (Long/Short/Flat)
- Entry price
- Stop-loss price
- Take-profit targets 1 and 2
- Bandit upper/lower band prices
- Dynamic stop-loss line value
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使用建議 / Usage Recommendations
最佳實踐 / Best Practices
繁體中文：
1. 多時間框架確認：建議在更高時間框架確認趨勢方向
2. 風險管理：嚴格遵守止損設定，建議單筆風險不超過資金的2%
3. 信號過濾：結合ROC指標過濾假信號
4. 市場環境：在趨勢明確的市場中效果較佳
5. 回測驗證：使用前請先進行充分的歷史回測
English:
1. Multi-timeframe Confirmation: Confirm trend direction on higher timeframes
2. Risk Management: Strictly follow stop-loss settings, limit single trade risk to 2% of capital
3. Signal Filtering: Use ROC indicator to filter false signals
4. Market Conditions: Works best in trending markets
5. Backtesting: Conduct thorough historical backtesting before use
適用市場 / Suitable Markets
- 股票 Stock Markets
- 外匯 Forex Markets
- 期貨 Futures Markets
- 加密貨幣 Cryptocurrency Markets
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警示設定 / Alert Settings
繁體中文：
指標內建兩種警示功能：
- 做多信號警示：「做多訊號，來也!!!」
- 做空信號警示：「做空訊號，來也!!!」
可在 TradingView 中設定價格警示，當信號出現時自動通知。
English:
Built-in alert functions:
- Buy signal alert: "做多訊號，來也!!!" (Buy Signal Alert!)
- Sell signal alert: "做空訊號，來也!!!" (Sell Signal Alert!)
Set up price alerts in TradingView for automatic notifications when signals occur.
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技術資訊 / Technical Information
指標作者 / Indicator Author: @lincheng_SFC
版本 / Version: Pine Script v6
授權 / License: Mozilla Public License 2.0
發布平台 / Platform: TradingView
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免責聲明 / Disclaimer
繁體中文：
本指標僅供教育和分析用途，不構成投資建議。交易涉及風險，過往表現不代表未來結果。請在使用前進行充分測試，並根據個人風險承受能力謹慎投資。
English:
This indicator is for educational and analytical purposes only and does not constitute investment advice. Trading involves risks, and past performance does not guarantee future results. Please conduct thorough testing before use and invest carefully according to your risk tolerance.
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聯絡資訊 / Contact Information
作者 Author: @lincheng_SFC
如有問題或建議，歡迎在TradingView上聯繫
For questions or suggestions, feel free to contact on TradingView
Mickey's EMAMickey’s EMA is a lightweight, overlay indicator that combines two Exponential Moving Averages (EMAs) with automatic entry, stop-loss and target visual signals—plus dynamic JSON alerts for seamless webhook integration. It’s designed for both day-traders and swing-traders who want clear, on-chart cues and fully-customizable risk parameters.
🔍 Overview
Dual EMAs (fast & slow) to capture trend changes.
Automated “BUY” / “SELL” markers at every EMA crossover.
Customizable Stop-Loss % and Target % levels, plotted as ❌ and 🎯 bubbles.
“SL Hit (Custom)” if the opposite EMA crossover occurs before price touches your stop level.
JSON-formatted alerts containing ticker, instrument type, timeframe, trend (“CE” for bullish, “PE” for bearish), and price—ready for webhooks.
⚙️ Inputs
| Setting | Default | Description |
| ------------------------ | ------- | ----------------------------------------------- |
| **Fast EMA Length** | 20 | Period for the faster EMA. |
| **Slow EMA Length** | 200 | Period for the slower EMA. |
| **Price Source** | Close | Data series to calculate EMAs on. |
| **Custom Stop Loss %** | 0.1% | Stop-loss level as a percentage of entry price. |
| **Target %** | 0.5% | Profit-target level as a percentage of entry. |
| **Show Entry/SL/Target** | ON | Toggle all entry, SL and target visuals. |
📊 What It Plots
Fast EMA (blue) & Slow EMA (white) overlayed on price.
BUY 🟢 label below bar when Fast EMA crosses above Slow EMA.
SELL 🔴 label above bar when Fast EMA crosses below Slow EMA.
❌ (Custom) bubble at entry price if an opposite EMA crossover occurs before price hits your custom stop-loss.
❌ bubble at the stop-loss price when price actually breaches the stop level.
🎯 bubble at target price when price first reaches your profit-target level.
🔔 Alerts & Webhooks
On-screen alert conditions “Mickey’s EMA → BUY” and “Mickey’s EMA → SELL” appear in the Create-Alert dialog.
Dynamic JSON payload sent via alert() when a crossover fires, e.g.:
{
"script": "AAPL",
"scriptType": "equity",
"instrumentType": "NASDAQ",
"timeframe": "5",
"trend": "CE",
"price": 174.25
}
Use these alerts to integrate with bots, chat systems, manual, or any webhook-driven workflow.
🚀 Why Use Mickey’s EMA?
Clarity & Precision: All signals appear exactly at the EMA or price-level of interest.
Custom Risk Management: Define your own stop-loss and target percentages.
Seamless Automation: Dynamic JSON alerts mean zero manual setup for webhooks.
Versatile: Equally effective on intraday charts or daily/weekly timeframes.
Add Mickey’s EMA to your TradingView chart today and get instant, aesthetically-pleasing guidance on trend entries, risk exits, and profit targets—all in one elegant overlay.
All SMAs Bullish/Bearish Screener (Enhanced)All SMAs Bullish/Bearish Screener Enhanced: Uncover High-Conviction Trend Alignments with Confidence
Description:
Are you ready to elevate your trading from mere guesswork to precise, data-driven decisions? The "All SMAs Bullish/Bearish Screener Enhanced" is not just another indicator; it's a sophisticated, yet user-friendly, trend-following powerhouse designed to cut through market noise and pinpoint high-probability trading opportunities. Built on the foundational strength of comprehensive Moving Average confluence and fortified with critical confirmation signals from Momentum, Volume, and Relative Strength, this script empowers you to identify truly robust trends and manage your trades with unparalleled clarity.
The Power of Multi-Factor Confluence: Beyond Simple Averages
In the unpredictable world of financial markets, true strength or weakness is rarely an isolated event. It's the harmonious alignment of multiple technical factors that signals a high-conviction move. While our original "All SMAs Bullish/Bearish Screener" intelligently identified stocks where price was consistently above or below a full spectrum of Simple Moving Averages (5, 10, 20, 50, 100, 200), this Enhanced version takes it a crucial step further.
We've integrated a powerful three-pronged confirmation system to filter out weaker signals and highlight only the most compelling setups:
Momentum (Rate of Change - ROC): A strong trend isn't just about price direction; it's about the speed and intensity of that movement. Positive momentum confirms that buyers are still aggressively pushing price higher (for bullish signals), while negative momentum validates selling pressure (for bearish signals).
Volume: No trend is truly trustworthy without the backing of smart money. Above-average volume accompanying an "All SMAs" alignment signifies strong institutional participation and conviction behind the move. It separates genuine trend starts from speculative whims.
Relative Strength Index (RSI): This versatile oscillator ensures the trend isn't just "there," but that it's developing healthily. We use RSI to confirm a bullish bias (above 50) or a bearish bias (below 50), adding another layer of confidence to the direction.
When the price aligns above ALL six critical SMAs, and is simultaneously confirmed by robust positive momentum, healthy volume, and a bullish RSI bias, you have an exceptionally strong "STRONGLY BULLISH" signal. This confluence often precedes sustained upward moves, signaling prime accumulation phases. Conversely, a "STRONGLY BEARISH" signal, where price is below ALL SMAs with negative momentum, confirming volume, and a bearish RSI bias, indicates powerful distribution and potential for significant downside.
How to Use This Enhanced Screener:
Add to Chart: Go to TradingView's Pine Editor, paste the script, and click "Add to Chart."
Customize Parameters: Fine-tune the lengths of your SMAs, RSI, Momentum, and Volume averages via the indicator's settings. Experiment to find what best suits your trading style and the assets you trade.
Choose Your Timeframe Wisely:
Daily (1D) and 4-Hour (240 min) are highly recommended. These timeframes cut through intraday noise and provide more reliable, actionable signals for swing and position trading.
Shorter timeframes (e.g., 15min, 60min) can be used by advanced day traders for very short-term entries, but be aware of increased volatility and noise.
Visual Confirmation:
Green/Red Triangles: Appear on your chart, indicating confirmed bullish or bearish signals.
Background Color: The chart background will subtly turn lime green for "STRONGLY BULLISH" and red for "STRONGLY BEARISH" conditions.
On-Chart Status Table: A clear table displays the current signal status ("STRONGLY BULLISH/BEARISH," or "SMAs Mixed") for immediate feedback.
Set Up Alerts (Your Primary Screener Tool): This is the game-changer! Create custom alerts on TradingView based on the "Confirmed Bullish Trade" and "Confirmed Bearish Trade" conditions. Receive instant notifications (email, pop-up, mobile) for any stock in your watchlist that meets these stringent criteria. This allows you to scan the entire market effortlessly and act decisively.
Strategic Stop-Loss Placement: The Trader's Lifeline
Even the most robust signals can fail. Protecting your capital is paramount. For this trend-following strategy, your stop-loss should be placed where the underlying trend structure is broken.
For a "STRONGLY BULLISH" Trade: Place your stop-loss just below the most recent significant swing low (higher low). This is the last point where buyers stepped in to support the price. If price breaks below this, your bullish thesis is invalidated.
For a "STRONGLY BEARISH" Trade: Place your stop-loss just above the most recent significant swing high (lower high). If price breaks above this, your bearish thesis is invalidated.
Alternatively, consider placing your stop-loss just below the 20-period SMA (for bullish trades) or above the 20-period SMA (for bearish trades). A significant close beyond this intermediate-term average often indicates a critical shift in momentum. Always ensure your chosen stop-loss adheres to your pre-defined risk per trade (e.g., 1-2% of capital).
Disciplined Profit Booking: Maximizing Gains
Just as important as knowing when you're wrong is knowing when to take profits.
Trailing Stop-Loss: As your trade moves into profit, trail your stop-loss upwards (for longs) or downwards (for shorts). You can trail it using:
Previous Swing Lows/Highs: Move your stop to just below each new higher low (for longs) or just above each new lower high (for shorts).
A Moving Average (e.g., 10-period or 20-period SMA): If price closes below your chosen trailing SMA, exit. This allows you to ride the trend while protecting accumulated profits.
Target Levels: Identify potential resistance levels (for longs) or support levels (for shorts) using pivot points, previous highs/lows, or Fibonacci extensions. Consider taking partial profits at these levels and letting the rest run with a trailing stop.
Loss of Confluence: If the "STRONGLY BULLISH/BEARISH" condition ceases to be met (e.g., RSI crosses below 50, or volume drops significantly), this can be a signal to reduce or exit your position, even if your stop-loss hasn't been hit.
The "All SMAs Bullish/Bearish Screener Enhanced" is your comprehensive partner in navigating the markets. By combining robust trend identification with critical confirmation signals and disciplined risk management, you're equipped to make smarter, more confident trading decisions. Add it to your favorites and unlock a new level of precision in your trading journey!
#PineScript #TradingView #SMA #MovingAverage #TrendFollowing #StockScreener #TechnicalAnalysis #Bullish #Bearish #QQQ #Momentum #Volume #RSI #SPY #TradingStrategy #Enhanced #Signals #Analysis #DayTrading #SwingTrading
Risk and Position Sizing📏 Why Position Size Should Be Based on Risk?
Let’s say you are ready to lose 1,000 in a trade. Based on your stop loss level, you can calculate how many shares (or quantity) to buy, so that if the stop hits, you only lose that ₹1,000.
This is called risk-based position sizing. It makes your trade size dynamic — small when SL is wide, bigger when SL is tight. No more random position sizes — just systematic.
Portfolio size is multiplied by the selected risk % to get money risk per trade.
This amount is then used to calculate how many shares can be bought for the given stop-loss.
So chose your portfolio size in settings. Default Portfolio size is 1,00,000 .
You can select your risk % per portfolio in the settings — for example:
0.25% for conservative style
0.5% to 1% for balanced traders
1.25% or 1.5% for aggressive ones (not recommended for beginners)
This script will automatically calculate how much quantity you should buy, for each stop-loss scenario.
📈 Progressive & Inverse-Progressive Risk Styles
Some traders follow progressive position sizing — they start with small risk when the trend is just starting, and increase the risk % as the trend confirms.
Others follow inverse-progressive sizing — they take high risk at early stages of a bull market, and reduce risk as the trend matures (when upside becomes limited).
📌 This script allows you to manually control the risk % in settings, so you can adjust it based on your trading phase and style.
📋 Three SL Scenarios – Choose What Matches Your Style
The table shows three different stop-loss conditions, and for each one it calculates:
Today’s Low – tightest stop loss
Yesterday’s Low – slightly safer, ideal for short-term swing trades
EMA Stop (configurable) – gives more breathing room.
You can visually compare all 3 in the table and choose whichever fits your strategy and comfort.
Also, you can customize:
Theme: dark or light
Font size
Table position (upper/lower corners)
🧠 Designed for traders who take risk management seriously.
Let this script handle the math. You focus on execution.
Happy Trading!
– LensOfChartist
RSI Shifting Band Oscillator | QuantMAC📊 RSI Shifting Band Oscillator | QuantMAC
🎯 Overview
The RSI Shifting Band Oscillator represents a breakthrough in adaptive technical analysis, combining the innovative dual-stage RSI processing with dynamic volatility bands to create an oscillator that automatically adjusts to changing market momentum conditions. This cutting-edge indicator goes beyond traditional static approaches by using smoothed RSI to dynamically shift band width based on momentum transitions, providing superior signal accuracy across different market regimes.
🔧 Key Features
Revolutionary Dual RSI Technology: Proprietary two-stage RSI calculation with exponential smoothing that measures momentum transitions in real-time
Dynamic Adaptive Bands: Self-adjusting volatility bands that expand and contract based on RSI distance from equilibrium
Dual Trading Modes: Flexible Long/Short or Long/Cash strategies for different trading preferences
Advanced Performance Analytics: Comprehensive metrics including Sharpe, Sortino, and Omega ratios
Smart Visual System: Dynamic color coding with 9 professional color schemes
Precision Backtesting: Date range filtering with detailed historical performance analysis
Real-time Signal Generation: Clear entry/exit signals with customizable threshold sensitivity
Position Sizing Intelligence: Half Kelly criterion for optimal risk management
📈 How The Dual RSI Technology Works
The Dual RSI system is the heart of this indicator's innovation. Unlike traditional RSI implementations, this approach analyzes the smoothed momentum transitions between different RSI states, providing early warning signals for momentum regime changes.
RSI Calculation Process:
Calculate traditional RSI using specified length and price source
Apply exponential moving average smoothing to reduce noise
Measure RSI distance from neutral 50 level to determine momentum strength
Use RSI deviation to dynamically adjust standard deviation multipliers
Create adaptive bands that respond to momentum conditions
Generate normalized oscillator values for clear signal interpretation
The genius of this dual RSI approach lies in its ability to detect when markets are transitioning between momentum and consolidation periods before traditional indicators catch up. This provides traders with a significant edge in timing entries and exits.
⚙️ Comprehensive Parameter Control
RSI Settings:
RSI Length: Controls the lookback period for momentum analysis (default: 14)
RSI Smoothing: Reduces noise in RSI calculations using EMA (default: 20)
Source: Price input selection (close, open, high, low, etc.)
Oscillator Settings:
Base Length: Foundation moving average for band calculations (default: 40)
Standard Deviation Length: Period for volatility measurement (default: 26)
SD Multiplier: Base band width adjustment (default: 2.7)
Oscillator Multiplier: Scaling factor for oscillator values (default: 100)
Signal Thresholds:
Long Threshold: Bullish signal trigger level (default: 90)
Short Threshold: Bearish signal trigger level (default: 56)
🎨 Advanced Visual System
Main Chart Elements:
Dynamic Shifting Bands: Upper and lower bands that automatically adjust width based on RSI momentum
Adaptive Fill Zone: Color-coded area between bands showing current market state
Basis Line: Moving average foundation displayed as subtle reference points
Smart Bar Coloring: Candles change color based on oscillator state for instant visual feedback
Oscillator Pane:
Normalized RSI Oscillator: Main signal line centered around zero with dynamic coloring
Threshold Lines: Horizontal reference lines for entry/exit levels
Zero Line: Central reference for oscillator neutrality
Color State Indication: Line colors change based on bullish/bearish conditions
📊 Professional Performance Metrics
The built-in analytics suite provides institutional-grade performance measurement:
Net Profit %: Total strategy return percentage
Maximum Drawdown %: Worst peak-to-trough decline
Win Rate %: Percentage of profitable trades
Profit Factor: Ratio of gross profits to gross losses
Sharpe Ratio: Risk-adjusted return measurement
Sortino Ratio: Downside-focused risk adjustment
Omega Ratio: Probability-weighted performance ratio
Half Kelly %: Optimal position sizing recommendation
Total Trades: Complete transaction count
🎯 Strategic Trading Applications
Long/Short Mode: ⚡
Maximizes profit potential by capturing both upward and downward price movements. The dual RSI technology helps identify when momentum is strengthening or weakening, allowing for optimal position switches between long and short.
Long/Cash Mode: 🛡️
Conservative approach ideal for retirement accounts or risk-averse traders. The indicator's adaptive nature helps identify the best times to be invested versus sitting in cash, protecting capital during adverse market conditions.
🚀 Unique Advantages
Traditional Indicators vs RSI Shifting Bands:
Static vs Dynamic: While most indicators use fixed parameters, RSI bands adapt in real-time
Lagging vs Leading: Dual RSI detects momentum transitions before they fully manifest
One-Size vs Adaptive: The same settings work across different market conditions
Simple vs Intelligent: Advanced momentum analysis provides superior market insight
💡 Professional Setup Guide
For Day Trading (Short-term):
RSI Length: 10-12
RSI Smoothing: 15-18
Base Length: 25-30
Thresholds: Long 85, Short 60
For Swing Trading (Medium-term):
RSI Length: 14-16 (default range)
RSI Smoothing: 20-25
Base Length: 40-50
Thresholds: Long 90, Short 56 (defaults)
For Position Trading (Long-term):
RSI Length: 18-21
RSI Smoothing: 25-30
Base Length: 60-80
Thresholds: Long 92, Short 50
🧠 Advanced Trading Techniques
RSI Divergence Analysis:
Watch for divergences between price action and smoothed RSI readings. When price makes new highs/lows but RSI doesn't confirm, it often signals upcoming reversals.
Band Width Interpretation:
Expanding Bands: Increasing momentum, expect larger price moves
Contracting Bands: Decreasing momentum, prepare for potential breakouts
Band Touches: Price touching outer bands often signals reversal opportunities
Multi-Timeframe Analysis:
Use RSI oscillator on higher timeframes for trend direction and lower timeframes for precise entry timing.
⚠️ Important Risk Disclaimers
Past performance is not indicative of future results. This indicator represents advanced technical analysis but should never be used as the sole basis for trading decisions.
Critical Risk Factors:
Market Conditions: No indicator performs equally well in all market environments
Backtesting Limitations: Historical performance may not reflect future market behavior
Momentum Risk: Adaptive indicators can be sensitive to extreme momentum conditions
Parameter Sensitivity: Different settings may produce significantly different results
Capital Risk: Always use appropriate position sizing and stop-loss protection
📚 Educational Benefits
This indicator provides exceptional learning opportunities for understanding:
Advanced RSI analysis and momentum measurement techniques
Adaptive indicator design and implementation
The relationship between momentum transitions and price movements
Professional risk management using Kelly Criterion principles
Modern oscillator interpretation and signal generation
🔍 Market Applications
The RSI Shifting Band Oscillator works across various markets:
Forex: Excellent for currency pair momentum analysis
Stocks: Individual equity and index trading
Commodities: Adaptive to commodity market momentum cycles
Cryptocurrencies: Handles extreme momentum variations effectively
Futures: Professional derivatives trading applications
🔧 Technical Innovation
The RSI Shifting Band Oscillator represents years of research into adaptive technical analysis. The proprietary dual RSI calculation method has been optimized for:
Computational Efficiency: Fast calculation even on high-frequency data
Noise Reduction: Advanced smoothing without excessive lag
Market Adaptability: Automatic adjustment to changing conditions
Signal Clarity: Clear, actionable trading signals
🔔 Updates and Evolution
The RSI Shifting Band Oscillator | QuantMAC continues to evolve with regular updates incorporating the latest research in adaptive technical analysis. The code is thoroughly documented for transparency and educational purposes.
Trading Notice: Financial markets involve substantial risk of loss. The RSI Shifting Band Oscillator is a sophisticated technical analysis tool designed to assist in trading decisions but cannot guarantee profitable outcomes.
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Master The Markets With Adaptive Intelligence! 🎯📈
Options Risk Manager v2.2.0 - Priority 7 CompleteScript Description for TradingView Publication
Options Risk Manager v2.2.0 - Priority 7 Complete
What does this script do?
Options Risk Manager v2.2.0 is a comprehensive position management system designed specifically for options traders. The indicator calculates precise stop loss levels, risk/reward targets, and position sizing based on user-defined risk parameters. It provides real-time profit/loss tracking, options Greeks monitoring, and automated alert systems for critical price levels.
The script displays entry points, stop losses, and profit targets directly on the chart while continuously calculating position metrics including dollar risk, account exposure, and probability of success. Version 2.2.0 introduces Priority 7 advanced alerts with dynamic risk warnings and multi-condition notifications.
How does it do it?
The script performs several key calculations:
1. Risk-Based Stop Loss Calculation - Determines stop loss levels based on percentage of entry price, automatically adjusting for calls versus puts. Put positions place stops above entry, while calls place stops below.
2. Position Sizing Algorithm - Calculates optimal contract quantities using account size, risk
percentage, and stop distance to ensure consistent risk per trade regardless of underlying price.
3. Options-Specific P&L Tracking - Incorporates Delta, Gamma, Vega, and Theta to provide accurate profit/loss calculations for options positions, including time decay effects.
4. Three-Phase Trade Management - Implements systematic position management through Entry
Phase (initial risk), Profit Phase (approaching target), and Trailing Phase (EMA-based exit
management).
5. Multi-Level Alert System - Monitors price action, Greeks thresholds, time decay acceleration, and account risk levels to generate context-aware notifications.
How to use it?
Initial Setup:
1. Apply indicator to any optionable security
2. Toggle "In Position" ON when entering a trade
3. Set Direction (Call/Put) and Side (Long/Short)
4. Enter the underlying price at position entry
5. Specify number of contracts and risk percentage
Position Management:
Blue line shows entry price
Red line indicates stop loss level
Orange line displays risk/reward target
Purple EMA line activates after target hit
Monitor real-time P&L in trade panels
Alert Configuration:
Enable Advanced Alerts in settings
Set profit/loss notification thresholds
Configure Greek-based warnings
Activate time decay alerts for expiration
Risk Parameters:
Risk % determines stop distance from entry
Account Value sets position sizing limits
Contract Multiplier (standard = 100)
R:R Ratio defines profit targets
What makes it unique?
Options Risk Manager addresses the specific challenges of options trading that generic indicators miss. The script accounts for the inverse relationship in put options (profiting from price declines), incorporates Greeks for accurate P&L calculations, and provides options-specific limit orders for TradeStation integration.
The three-phase management system removes emotional decision-making by defining clear rules for position management. Phase transitions occur automatically based on price action, shifting from initial risk management to profit protection to trend-following modes.
Version 2.2.0's Priority 7 alert system provides intelligent notifications that include live metrics, risk warnings, and market context rather than simple price crosses.
Key Features Summary
Options-Specific Calculations - Proper handling of calls/puts with inverse relationships
Risk-Based Position Sizing - Consistent risk regardless of underlying price
Greeks Integration - Delta, Gamma, Vega, Theta for accurate tracking
Phase Management System - Systematic three-stage position handling
Advanced Alert System - Context-aware notifications with metrics
TradeStation Integration - Option limit orders for execution
Visual Risk Display - Clear chart overlays for all levels
Probability Calculator - Win/loss probability with expected value
Multi-Account Support - Scales from small to large accounts
Important Notes
This indicator requires manual input of option prices and Greeks (available from your broker's option chain). It functions as a risk management overlay and does not generate entry signals. The calculations assume standard options contracts of 100 shares.
Designed for TradeStation platform with full functionality. Basic features available on other platforms
without options data integration. Always verify calculations with your broker's risk system before placing
trades.
RTI Shifting Band Oscillator | QuantMAC📊 RTI Shifting Band Oscillator | QuantMAC - Revolutionary Adaptive Trading Indicator
🎯 Overview
The RTI Shifting Band Oscillator represents a breakthrough in adaptive technical analysis, combining the innovative Range Transition Index (RTI) with dynamic volatility bands to create an oscillator that automatically adjusts to changing market conditions. This cutting-edge indicator goes beyond traditional static approaches by using RTI to dynamically shift band width based on market volatility transitions, providing superior signal accuracy across different market regimes.
🔧 Key Features
Revolutionary RTI Technology : Proprietary Range Transition Index that measures volatility transitions in real-time
Dynamic Adaptive Bands : Self-adjusting volatility bands that expand and contract based on RTI readings
Dual Trading Modes : Flexible Long/Short or Long/Cash strategies for different trading preferences
Advanced Performance Analytics : Comprehensive metrics including Sharpe, Sortino, and Omega ratios
Smart Visual System : Dynamic color coding with 9 professional color schemes
Precision Backtesting : Date range filtering with detailed historical performance analysis
Real-time Signal Generation : Clear entry/exit signals with customizable threshold sensitivity
Position Sizing Intelligence : Half Kelly criterion for optimal risk management
📈 How The RTI Technology Works
The Range Transition Index (RTI) is the heart of this indicator's innovation. Unlike traditional volatility measures, RTI analyzes the transitions between different volatility states, providing early warning signals for market regime changes.
RTI Calculation Process:
Calculate True Range for each period using high, low, and previous close
Compute Average True Range over the RTI Length period
Sum absolute differences between consecutive True Range values
Normalize by dividing by ATR to create the raw RTI
Apply smoothing to reduce noise and create the final RTI value
Use RTI to dynamically adjust standard deviation multipliers
The genius of RTI lies in its ability to detect when markets are transitioning between calm and volatile periods before traditional indicators catch up. This provides traders with a significant edge in timing entries and exits.
⚙️ Comprehensive Parameter Control
RTI Settings:
RTI Length : Controls the lookback period for volatility analysis (default: 25)
RTI Smoothing : Reduces noise in RTI calculations (default: 12)
Base MA Length : Foundation moving average for band calculations (default: 40)
Source : Price input selection (close, open, high, low, etc.)
Oscillator Settings:
Standard Deviation Length : Period for volatility measurement (default: 27)
SD Multiplier : Base band width adjustment (default: 1.5)
Oscillator Multiplier : Scaling factor for oscillator values (default: 100)
Signal Thresholds:
Long Threshold : Bullish signal trigger level (default: 82)
Short Threshold : Bearish signal trigger level (default: 55)
🎨 Advanced Visual System
Main Chart Elements:
Dynamic Shifting Bands : Upper and lower bands that automatically adjust width based on RTI
Adaptive Fill Zone : Color-coded area between bands showing current market state
Basis Line : Moving average foundation displayed as subtle reference points
Smart Bar Coloring : Candles change color based on oscillator state for instant visual feedback
Oscillator Pane:
Normalized RTI Oscillator : Main signal line centered around zero with dynamic coloring
Threshold Lines : Horizontal reference lines for entry/exit levels
Zero Line : Central reference for oscillator neutrality
Color State Indication : Line colors change based on bullish/bearish conditions
📊 Professional Performance Metrics
The built-in analytics suite provides institutional-grade performance measurement:
Net Profit % : Total strategy return percentage
Maximum Drawdown % : Worst peak-to-trough decline
Win Rate % : Percentage of profitable trades
Profit Factor : Ratio of gross profits to gross losses
Sharpe Ratio : Risk-adjusted return measurement
Sortino Ratio : Downside-focused risk adjustment
Omega Ratio : Probability-weighted performance ratio
Half Kelly % : Optimal position sizing recommendation
Total Trades : Complete transaction count
🎯 Strategic Trading Applications
Long/Short Mode: ⚡
Maximizes profit potential by capturing both upward and downward price movements. The RTI technology helps identify when trends are strengthening or weakening, allowing for optimal position switches between long and short.
Long/Cash Mode: 🛡️
Conservative approach ideal for retirement accounts or risk-averse traders. The indicator's adaptive nature helps identify the best times to be invested versus sitting in cash, protecting capital during adverse market conditions.
🚀 Unique Advantages
Traditional Indicators vs RTI Shifting Bands:
Static vs Dynamic : While most indicators use fixed parameters, RTI bands adapt in real-time
Lagging vs Leading : RTI detects volatility transitions before they fully manifest
One-Size vs Adaptive : The same settings work across different market conditions
Simple vs Intelligent : Advanced volatility analysis provides superior market insight
💡 Professional Setup Guide
For Day Trading (Short-term):
RTI Length: 15-20
RTI Smoothing: 8-10
Base MA Length: 20-30
Thresholds: Long 80, Short 60
For Swing Trading (Medium-term):
RTI Length: 25-35 (default range)
RTI Smoothing: 12-15
Base MA Length: 40-50
Thresholds: Long 83, Short 55 (defaults)
For Position Trading (Long-term):
RTI Length: 40-50
RTI Smoothing: 15-20
Base MA Length: 60-80
Thresholds: Long 85, Short 50
🧠 Advanced Trading Techniques
RTI Divergence Analysis:
Watch for divergences between price action and RTI readings. When price makes new highs/lows but RTI doesn't confirm, it often signals upcoming reversals.
Band Width Interpretation:
Expanding Bands : Increasing volatility, expect larger price moves
Contracting Bands : Decreasing volatility, prepare for potential breakouts
Band Touches : Price touching outer bands often signals reversal opportunities
Multi-Timeframe Analysis:
Use RTI on higher timeframes for trend direction and lower timeframes for precise entry timing.
⚠️ Important Risk Disclaimers
Past performance is not indicative of future results. This indicator represents advanced technical analysis but should never be used as the sole basis for trading decisions.
Critical Risk Factors:
Market Conditions : No indicator performs equally well in all market environments
Backtesting Limitations : Historical performance may not reflect future market behavior
Volatility Risk : Adaptive indicators can be sensitive to extreme market conditions
Parameter Sensitivity : Different settings may produce significantly different results
Capital Risk : Always use appropriate position sizing and stop-loss protection
📚 Educational Benefits
This indicator provides exceptional learning opportunities for understanding:
Advanced volatility analysis and measurement techniques
Adaptive indicator design and implementation
The relationship between volatility transitions and price movements
Professional risk management using Kelly Criterion principles
Modern oscillator interpretation and signal generation
🔍 Market Applications
The RTI Shifting Band Oscillator works across various markets:
Forex : Excellent for currency pair volatility analysis
Stocks : Individual equity and index trading
Commodities : Adaptive to commodity market volatility cycles
Cryptocurrencies : Handles extreme volatility variations effectively
Futures : Professional derivatives trading applications
🔧 Technical Innovation
The RTI Shifting Band Oscillator represents years of research into adaptive technical analysis. The proprietary RTI calculation method has been optimized for:
Computational Efficiency : Fast calculation even on high-frequency data
Noise Reduction : Advanced smoothing without excessive lag
Market Adaptability : Automatic adjustment to changing conditions
Signal Clarity : Clear, actionable trading signals
🔔 Updates and Evolution
The RTI Shifting Band Oscillator | QuantMAC continues to evolve with regular updates incorporating the latest research in adaptive technical analysis. The code is thoroughly documented for transparency and educational purposes.
Trading Notice: Financial markets involve substantial risk of loss. The RTI Shifting Band Oscillator is a sophisticated technical analysis tool designed to assist in trading decisions but cannot guarantee profitable outcomes. Always conduct thorough testing, implement proper risk management, and consider seeking advice from qualified financial professionals. Only trade with capital you can afford to lose.
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Master The Markets With Adaptive Intelligence! 🎯📈
[blackcat] L3 Twin Range Filter ProOVERVIEW
The L3 Twin Range Filter Pro indicator enhances trading strategies by filtering out market noise through a sophisticated dual-range approach. Unlike previous versions, this script not only provides clear visual indications of buy/sell signals but also incorporates a dynamic trend range filter line. By averaging two smoothed exponential moving averages—one fast and one slow—the indicator generates upper and lower range boundaries that adapt to changing market conditions. Traders can easily spot buy/sell opportunities when the closing price crosses these boundaries, supported by configurable alerts for real-time notifications.
FEATURES
Dual-Range Calculation: Combines fast and slow moving averages to create adaptive range boundaries.
Customizable Parameters:
Periods: Adjustable lengths for fast (default 9 bars) and slow (default 34 bars) moving averages.
Multipliers: Coefficients to modify the distance of the trailing lines from the price.
Dynamic Trend Range Filter Line: Visually displays buy/sell signals directly on the chart.
Trailing Stop Loss Logic: Automatically follows price movements to act as a trailing stop loss indicator.
Trade Signals: Clearly indicates buy/sell points with labeled signals.
Alerts: Configurable notifications for buy/sell signals to keep traders informed.
Visual Enhancements: Colored fills and dynamic boundary lines for easy interpretation.
HOW TO USE
Add the L3 Twin Range Filter Pro indicator to your TradingView chart.
Customize the input parameters:
Price Source: Choose the desired price source (e.g., Close).
Show Trade Signals: Toggle on/off for displaying buy/sell labels.
Fast Period: Set the period for the fast moving average (default 9 bars).
Slow Period: Set the period for the slow moving average (default 34 bars).
Fast Range Multiplier: Adjust the multiplier for the fast moving average.
Slow Range Multiplier: Adjust the multiplier for the slow moving average.
Monitor the plotted trend range filter and dynamic boundaries on the chart.
Identify buy/sell signals based on the crossing of price and range boundaries.
Configure alerts for real-time notifications when signals are triggered.
TRADE LOGIC
BUY Signal: Triggered when the price is higher than or equal to the upper range level. The indicator line will trail just below the price, acting as a trailing stop loss.
SELL Signal: Triggered when the price is lower than or equal to the lower range level. The indicator line will trail just above the price, serving as a trailing stop loss.
LIMITATIONS
The performance of this indicator relies on the selected periods and multipliers.
Market volatility can impact the accuracy of the signals.
Always complement this indicator with other analytical tools for robust decision-making.
NOTES
Experiment with different parameter settings to optimize the indicator for various market conditions.
Thoroughly backtest the indicator using historical data to ensure its compatibility with your trading strategy.
THANKS
A big thank you to Colin McKee for his foundational work on the Twin Range Filter! Your contributions have paved the way for enhanced trading tools. 🙏📈🔍
[blackcat] L3 Hull SeekerOVERVIEW
The L3 Hull Seeker is a comprehensive trading indicator that combines Hull Moving Average (HMA) analysis with robust position management and risk control features. This script is designed to help traders identify potential entry and exit points while maintaining strict risk management protocols.
KEY FEATURES
• Hull MA Analysis:
Advanced Hull Moving Average calculations
Separate Hull MA lines for Close and Open prices
Visual color coding for trend direction
Customizable length parameter for flexibility
• Position Tracking:
Real-time monitoring of long and short positions
Maximum position limit control
Clear position status indicators on chart
• Risk Management System:
User-defined Take Profit percentage
User-defined Stop Loss percentage
Optional activation of TP/SL features
Dynamic label markers for important levels
• Alert System:
Buy/Sell entry alerts
Take Profit/Stop Loss exit alerts
Position status changes
HOW TO USE
Setup Initial Parameters:
Hull MA Length: Adjust based on your trading timeframe
Take Profit Percentage: Set according to your risk tolerance
Stop Loss Percentage: Define your maximum acceptable loss
Enable/Disable Features:
Toggle Take Profit/Stop Loss options as needed
Adjust alert conditions for your trading style
Monitor Trading Signals:
Watch for crossover/crossunder signals
Track position status through labels
Monitor entry and exit alerts
Manage Risk:
Use TP/SL features to control position size
Monitor pyramiding limits
Review position status regularly
TRADE MANAGEMENT
• Entry Conditions:
Long Entry: HullMA_close crosses above HullMA_open
Short Entry: HullMA_close crosses below HullMA_open
• Exit Conditions:
Take Profit: Price reaches defined percentage above/below entry
Stop Loss: Price reaches defined percentage below/above entry
• Position Control:
Limited to one position at a time
Automatic position tracking
Clear visual indication of current trades
TECHNICAL DETAILS
• Hull MA Calculation:
Uses WMA (Weighted Moving Average) for precise calculations
Optimized for trend-following strategies
Smoothed Hull MA lines for better readability
• Label System:
Clear buy/sell markers
Take Profit and Stop Loss indicators
Real-time position status updates
• Alert Configuration:
Customizable alert messages
Multiple alert conditions
Option to enable/disable specific alerts
LIMITATIONS
⚠️ Important Considerations:
Results may vary across different market conditions
Historical performance does not guarantee future results
Always backtest strategy before live trading
Consider complementing with additional analysis tools
BEST PRACTICES
• Recommended Timeframes:
Daily charts for long-term strategies
4-hour charts for swing trading
1-hour charts for short-term trading
• Risk Management Tips:
Start with small position sizes
Always use TP/SL in live trading
Monitor market volatility before entering trades
TROUBLESHOOTING
• Common Issues:
Ensure proper chart resolution
Verify alert conditions are enabled
Check for conflicting indicators
• Performance Optimization:
Use appropriate timeframe for your strategy
Adjust indicator parameters based on market conditions
Monitor for potential overfitting
Heiken Ashi Supertrend ADXHeiken Ashi Supertrend ADX Indicator
Overview
This indicator combines the power of Heiken Ashi candles, Supertrend indicator, and ADX filter to identify strong trend movements across multiple timeframes. Designed primarily for the cryptocurrency market but adaptable to any tradable asset, this system focuses on capturing momentum in established trends while employing a sophisticated triple-layer stop loss mechanism to protect capital and secure profits.
Strategy Mechanics
Entry Signals
The strategy uses a unique blend of technical signals to identify high-probability trade entries:
Heiken Ashi Candles: Looks specifically for Heiken Ashi candles with minimal or no wicks, which signal strong momentum and trend continuation. These "full-bodied" candles represent periods where price moved decisively in one direction with minimal retracement. These are overlayed onto normal candes for more accuarte signalling and plotting
Supertrend Filter: Confirms the underlying trend direction using the Supertrend indicator (default factor: 3.0, ATR period: 10). Entries are aligned with the prevailing Supertrend direction.
ADX Filter (Optional) : Can be enabled to focus only on stronger trending conditions, filtering out choppy or ranging markets. When enabled, trades only trigger when ADX is above the specified threshold (default: 25).
Exit Signals
Positions are closed when either:
An opposing signal appears (Heiken Ashi candle with no wick in the opposite direction)
Any of the three stop loss mechanisms are triggered
Triple-Layer Stop Loss System
The strategy employs a sophisticated three-tier stop loss approach:
ATR Trailing Stop: Adapts to market volatility and locks in profits as the trend extends. This stop moves in the direction of the trade, capturing profit without exiting too early during normal price fluctuations.
Swing Point Stop: Uses natural market structure (recent highs/lows over a lookback period) to place stops at logical support/resistance levels, honoring the market's own rhythm.
Insurance Stop: A percentage-based safety net that protects against sudden adverse moves immediately after entry. This is particularly valuable when the swing point stop might be positioned too far from entry, providing immediate capital protection.
Optimization Features
Customizable Filters : All components (Supertrend, ADX) can be enabled/disabled to adapt to different market conditions
Adjustable Parameters : Fine-tune ATR periods, Supertrend factors, and ADX thresholds
Flexible Stop Loss Settings : Each of the three stop loss mechanisms can be individually enabled/disabled with customizable parameters
Best Practices for Implementation
[Recommended Timeframes : Works best on 4-hour charts and above, where trends develop more reliably
Market Conditions: Performs well across various market conditions due to the ADX filter's ability to identify meaningful trends
Performance Characteristics
When properly optimized, this has demonstrated profit factors exceeding 3 in backtesting. The approach typically produces generous winners while limiting losses through its multi-layered stop loss system. The ATR trailing stop is particularly effective at capturing extended trends, while the insurance stop provides immediate protection against adverse moves.
The visual components on the chart make it easy to follow the strategy's logic, with position status, entry prices, and current stop levels clearly displayed.
This indicator represents a complete trading system with clearly defined entry and exit rules, adaptive stop loss mechanisms, and built-in risk management through position sizing.
RSI Price LadderFX:XAUUSD
Overview
RSI Price Ladder is an indicator that visualizes RSI levels mapped directly to price levels across multiple timeframes.
It helps traders see where the RSI will reach certain threshold values (like 30, 50, 70) in terms of price, without calculating manually.
It dynamically draws ladder lines (price levels) based on user-defined RSI targets, allowing clear visualization of RSI movements versus price action.
Purpose for Traders
Forecast Price Zones: Understand at which price levels RSI would hit oversold/overbought zones.
Multi-Timeframe Analysis: Monitor RSI-price relationships across multiple timeframes simultaneously (e.g., M5, M15, H1, H4).
Timing Entries and Exits: Plan precise entries or exits based on expected RSI behavior without switching between charts.
Visual Clarity: Simplifies multi-timeframe RSI tracking by ladder-style price mapping directly on the current chart.
Configuration
RSI length: The period for RSI calculation (default 14).
RSI Target Levels (1–7): Define up to 7 custom RSI levels (e.g., 20, 30, 40, 50, 60, 70, 80).
Spacing Between Ladders: Horizontal spacing between different timeframe ladders on the chart.
Pointer Colors: Customize colors for current RSI, EMA(9) of RSI, and WMA(45) of RSI.
Show TF1–TF4: Toggle visibility of up to four different timeframe ladders.
Interval TF1–TF4: Select timeframes to draw ladders (choices from 1m to 1W including 3D).
Ladder Colors: Customize the ladder color for each timeframe separately.
How to read data
See explaination:
How to use
The primary goal of this indicator is to help traders easily and accurately see price levels corresponding to specific RSI values .
Identifying Multi-Timeframe Support and Resistance
According to RSI behavior:
- In an uptrend, RSI tends to find support around 40, previous RSI bottoms, and the WMA45.
- In a downtrend, RSI tends to face resistance around 60, previous RSI tops, and the WMA45.
Using the RSI Price Ladder, you can accurately pinpoint the exact price levels corresponding to these RSI support and resistance zones.
Defining Entry Zones, Stop Loss, and Take-Profit Areas Based on RSI
For example:
By observing RSI behavior, I noticed a downward trend forming.
On both M15 and H1 timeframes, RSI resistance levels align with the price zone around 3043–3054.
Thus, I can plan a sell trade in this entry zone:
- Stop loss: If RSI breaks above the resistance level, which also corresponds to a price resistance.
- Take-profits at two areas:
RSI support on M5 at RSI 30, corresponding to price 3007.
RSI support on M15 at RSI 30, corresponding to price 2988.
You see, with the ladder, we can directly visualize the price levels corresponding to RSI points on the chart, making decision-making more intuitive.
Result:
The price successfully hit TP1 and TP2.
Visualizing Buying and Selling Strength Across Timeframes
The indicator helps track the correlation of buying and selling strength across different timeframes at the same time. For instance: when selling pressure increases, higher timeframe RSI will typically be higher than lower timeframe RSI. Visualizing this makes it easier to observe and connect price movements across multiple timeframes quickly and clearly.
Visualizing When Combining with Other Methods
In this example:
- RSI shows support around 27.
- Instantly, on the price chart, I notice that the RSI 27 level aligns with the EMA200, a major dynamic price support.
Thus, a long setup can be considered:
- Entry: Near this confluence zone.
- Stop loss: Below the EMA200 or if RSI drops to 20.
Summary
RSI Price Ladder gives traders a powerful visual tool to link RSI behavior to real price levels across multiple timeframes, enhancing strategic entry/exit planning without needing to flip charts.
- Save time spotting RSI targets.
- Stay organized across multiple timeframes.
- Customize the entire ladder experience from colors to intervals.
Falcon SignalsThis script is a TradingView Pine Script for a trading strategy called "Falcon Signals." It combines multiple technical indicators and strategies to generate buy and sell signals. Here’s a breakdown of what the script does:
1. Supertrend Indicator:
The script calculates the Supertrend indicator using the Average True Range (ATR) and a specified multiplier (factor). The Supertrend is used to define the trend direction, with a green line for an uptrend and a red line for a downtrend.
2. EMA (Exponential Moving Average):
Two EMAs are used: a fast EMA (9-period) and a slow EMA (21-period). The script checks for crossovers of the fast EMA above or below the slow EMA as a basis for buying and selling signals.
3. RSI (Relative Strength Index):
The RSI (14-period) is used to measure the momentum of the price. A buy signal is generated when the RSI is less than 70, while a sell signal is generated when it’s greater than 30.
4. Take Profit (TP) and Stop Loss (SL):
The script allows users to set custom percentages for take profit and stop loss. The take profit is set at a certain percentage above the entry price for buy signals, and the stop loss is set at a percentage below the entry price, and vice versa for sell signals.
5. Trailing Stop:
A trailing stop can be enabled, which dynamically adjusts the stop loss level as the price moves in the favorable direction. If the price moves against the position by a certain trailing percentage, the position will be closed.
6. Engulfing Patterns:
The script checks for bullish and bearish engulfing candlestick patterns, indicating potential reversals. A bullish engulfing pattern is marked with a teal label ("🔄 Reversal Up"), and a bearish engulfing pattern is marked with a fuchsia label ("🔄 Reversal Down").
7. Plotting:
The script plots various indicators and signals:
Entry line: Shows where the buy or sell signal is triggered.
Take profit and stop loss levels are plotted as lines.
EMA and Supertrend lines are plotted on the chart.
Trailing stop line, if enabled, is also plotted.
8. Buy and Sell Labels:
The script places labels on the chart when buy or sell signals are triggered, indicating the price at which the order should be placed.
9. Exit Line:
The script plots an exit line when the trailing stop is hit, signaling when a position should be closed.
10. Alerts:
Alerts are set for both buy and sell signals, notifying the trader when to act based on the strategy's conditions.
This strategy combines trend-following (Supertrend), momentum (RSI), and price action patterns (EMA crossovers and engulfing candlestick patterns) to generate trade signals. It also offers the flexibility of take profit, stop loss, and trailing stop features.
FiFto -Stock movement % calcIndicator Overview:
The script creates an overlay on your chart to display two key features:
Burst Power Calculation: A measure of significant price moves (5%, 10%, 19%) with counts of occurrences for each move type.
SL/Target Info: Displays stop-loss (SL) quantities and target percentages based on your risk parameters.
These features are displayed in a customizable table and offer real-time data for analysis.
Inputs:
Burst Power Inputs:
Lookback Period: Specifies the timeframe to calculate price moves for. You can choose from options like "3 Months", "6 Months", "1 Year", etc.
Display Mode: You can choose to display the table in "Full" mode (showing all relevant data) or "Mini" mode (showing only basic information).
Show Latest Date: Toggles whether the table includes a column showing the date of the latest move.
Dark Mode: Switches the colors of the table between light and dark modes for better visibility.
Closing Threshold: Defines how close the closing price must be to the high of the bar to consider it valid for analysis.
Table Settings:
Table Size: Allows you to select the table size from options like "small", "normal", "large", etc.
Table Position: Lets you choose where the table is positioned on the screen (top, middle, or bottom of the chart).
Table Font Size: Adjusts the font size of the text in the table (small, normal, or large).
Disable Table Colors: If true, the table will not use colors for cells, giving a more neutral appearance.
SL/Target Settings:
Show SL/Target Info: Whether to include Stop-Loss and Target information in the table.
Risk Amount: The monetary value you're willing to risk on a trade. This is used to calculate the stop-loss quantity.
SL Percentage: The percentage below the entry point at which the stop-loss will be triggered.
Target Percentage: The percentage above the entry point at which the target will be set.
Style Settings:
These settings define the appearance of the table, including colors and fonts. The table will adjust based on your color preferences (dark mode or light mode), with options for customizing background colors, text colors, and border styles.
Burst Power Calculation:
This part of the script calculates the Burst Power value based on price movements and updates the table with:
Counts of Price Moves:
5% or more
10% or more
19% or more
Burst Power Value: A weighted value calculated by summing the counts of each price move, with different weights for each move type:
5% moves contribute 1/5
10% moves contribute 1/2
19% moves contribute 1/0.5
Max Price Move: Tracks the maximum price move (and its timestamp) for the current period.
Logic:
For each bar, it checks if the price moved by 5%, 10%, or 19% or more, and updates the respective count and date of the last occurrence of each price move.
It calculates a "Burst Power" value based on the occurrences of these price moves and assigns a color to indicate how strong the burst power is.
Stop-Loss (SL) and Target Calculation:
This part calculates the quantity of the asset you can purchase based on your risk amount and stop-loss percentage:
One-Hour High: Tracks the highest price over the past hour (using 60-minute candles).
Target Price: Sets a target price based on the daily close and the target percentage input.
SL Quantity: The amount of the asset you can risk given the stop-loss points and your risk amount.
Target Percent Remaining: Shows how much of your target is left to reach, based on the one-hour high price.
Table Display Logic:
This is the most important part of the indicator because it determines how the data is displayed on the chart in a table. Here's a breakdown:
Column and Row Setup:
Based on the display mode (Full or Mini), it adjusts the number of rows and columns in the table.
The columns display the types of data (e.g., "Max%", "05% +", "Burst Power", etc.), while the rows show the values of those parameters.
If "Show Latest Date" is enabled, an additional column will show the date of the last occurrence for each price move.
Burst Power and SL/Target Info:
The table displays the following information:
Max % Move: The largest price move observed.
Burst Power: A score indicating the strength of the price move (calculated from 5%, 10%, and 19% price moves).
SL Quantity: The quantity you can trade based on your risk and stop-loss.
Target % Left: The remaining percentage to reach the target price.
The table updates whenever the barstate is the last and the selected timeframe is active.
Table Position:
The table position is adjustable based on the inputs (top, middle, bottom), allowing you to control where the table appears on the screen.
Changes Made for Timeframe Flexibility:
The table and all its calculations previously only displayed when the chart was in a daily timeframe (timeframe.isdaily). This behavior has been removed.
No Timeframe Dependency: The table now displays regardless of which timeframe you are viewing. If you switch to another timeframe (e.g., 15-minute, 1-hour), the table will still appear without needing to be modified. The table will display in all timeframes you choose.
How to Use:
Install the Script: Add this script to your chart in TradingView as a custom indicator.
Customize Settings: Use the inputs in the settings panel to adjust your preferred values for lookback period, risk amount, SL percentage, target percentage, and other table display options.
Analyze the Data: Watch the table update with real-time data as you analyze price movements. The table will show the frequency and magnitude of price bursts, along with risk and target data to help you make better trading decisions.
Liquidity Heatmap SwiftEdgeDescription
Liquidity Heatmap with Buy/Sell Side (Blue/Red) is a technical analysis tool designed to help traders identify potential liquidity zones in the market by combining swing high/low detection with volume analysis, visualized as a heatmap overlay on the chart. This script highlights areas where significant buying or selling pressure may exist, often acting as support or resistance levels, and provides a clear visual representation of these zones using color-coded heatmap boxes and labeled bubbles.
What It Does
The script identifies key price levels (swing highs and lows) where liquidity is likely to be concentrated, such as stop-loss clusters or pending orders. These levels are then grouped into a heatmap, with blue zones representing potential buy-side liquidity (below the current price) and red zones indicating sell-side liquidity (above the current price). Each zone is marked with a bubble showing the estimated liquidity amount, derived from volume data, to help traders gauge the strength of the level.
How It Works
The script combines three main components to create a comprehensive liquidity visualization:
Swing Highs and Lows Detection:
The script uses the ta.pivothigh and ta.pivotlow functions to identify swing highs and lows over a user-defined lookback period (Swing Length). These levels often represent areas where price has reversed, indicating potential liquidity zones where stop-losses or pending orders may be placed.
Volume Analysis:
Volume data at each swing high/low is captured and averaged over a specified period (Volume Average Length). This volume is then scaled using a multiplier (Volume Multiplier for Liquidity) to estimate the liquidity amount at each level, displayed in thousands (e.g., "10K") on the chart via labeled bubbles.
Heatmap Visualization:
The identified levels are grouped into price bins to form a heatmap. The price range is divided into a user-defined number of bins (Number of Heatmap Bins), and each bin is drawn as a colored box (blue for buy-side, red for sell-side). The transparency of the heatmap boxes can be adjusted (Heatmap Transparency) to ensure they do not obscure the price action.
Why Combine These Components?
The combination of swing highs/lows, volume analysis, and a heatmap provides a powerful way to visualize liquidity in the market. Swing highs and lows are natural points where liquidity tends to accumulate, as they often coincide with areas where traders place stop-losses or pending orders. By incorporating volume data, the script quantifies the potential strength of these levels, giving traders insight into the magnitude of liquidity present. The heatmap visualization then aggregates these levels into a clear, color-coded overlay, making it easy to see where buy-side and sell-side liquidity is concentrated without cluttering the chart.
This mashup is particularly useful because it bridges price action (swing levels), market activity (volume), and visual clarity (heatmap), offering a holistic view of potential support and resistance zones that might influence price movements.
How to Use It
Add the Indicator to Your Chart:
Apply the script to your chart by adding it from the Pine Script library. It will overlay directly on your price chart.
Interpret the Heatmap:
Blue Zones (Buy-Side Liquidity): These appear below the current price and indicate levels where buying pressure or stop-losses from short positions may be located.
Red Zones (Sell-Side Liquidity): These appear above the current price and indicate levels where selling pressure or stop-losses from long positions may be located.
The intensity of the color is controlled by the Heatmap Transparency setting—lower values make the zones more opaque, while higher values make them more transparent.
Analyze the Bubbles:
Each liquidity zone is marked with a bubble showing the estimated liquidity amount in thousands (e.g., "10K"). The size of the bubble is scaled by the Bubble Size Multiplier, with larger bubbles indicating higher liquidity.
Adjust Settings for Your Needs:
Liquidity Settings:
Swing Length: Controls the lookback period for detecting swing highs and lows. A smaller value (e.g., 10) is better for shorter timeframes like 1-minute charts, while a larger value (e.g., 50) suits higher timeframes.
Liquidity Threshold: Defines how close two levels must be to be considered the same, preventing duplicate zones.
Volume Average Length: Sets the period for averaging volume data at swing points.
Volume Multiplier for Liquidity: Scales the volume to estimate liquidity amounts shown in the bubbles.
Lookback Period (Hours): Limits how far back the script looks for liquidity zones.
Use Price Window Filter: If enabled, only shows zones within a price range defined by Liquidity Window (Points per Side).
Heatmap Settings:
Number of Heatmap Bins: Determines how many price bins the heatmap is divided into. More bins create a finer resolution but may clutter the chart.
Heatmap Bin Height (Points): Sets the vertical height of each heatmap box in price points.
Heatmap Transparency: Adjusts the transparency of the heatmap boxes (0 = fully opaque, 100 = fully transparent).
Display Settings:
Bubble Size Multiplier: Scales the size of the bubbles showing liquidity amounts.
Trading Application:
Use the heatmap to identify potential support (blue zones) and resistance (red zones) levels where price may react.
Pay attention to zones with larger bubbles, as they indicate higher liquidity and may have a stronger impact on price.
Combine with other analysis tools (e.g., trendlines, indicators) to confirm trade setups.
What Makes It Original?
This script stands out by integrating swing high/low detection with volume-based liquidity estimation and a heatmap visualization in a single tool. Unlike traditional support/resistance indicators that only plot static lines, this script dynamically aggregates liquidity zones into a heatmap, making it easier to see clusters of potential buying or selling pressure. The addition of volume-derived liquidity amounts in labeled bubbles provides a unique quantitative measure of each zone's strength, helping traders prioritize key levels. The color-coded buy/sell distinction further enhances its utility by visually separating zones based on their likely market impact.
Example Use Case
On a 1-minute chart of EUR/USD, you might set Swing Length to 10 to capture short-term pivots, Lookback Period (Hours) to 4 to focus on recent data, and Liquidity Window to 200 points (20 pips) to show only nearby zones. The heatmap will then display blue zones below the current price where buy-side liquidity may act as support, and red zones above where sell-side liquidity may act as resistance. A bubble showing "50K" at a blue zone indicates significant buy-side liquidity, suggesting a potential bounce if the price approaches that level.
Liquidity Market Seeking SwiftEdgeThis indicator is designed to identify potential liquidity levels on the chart by detecting swing highs and lows, which are often areas where stop-loss orders or significant orders accumulate. It visualizes these levels with horizontal lines and labels on the right side of the chart, color-coded based on volume to help traders understand where the market might seek liquidity.
How It Works
Swing Highs and Lows: The indicator uses the ta.pivothigh and ta.pivotlow functions to identify significant swing points over a user-defined lookback period (Swing Length). These points are considered potential liquidity levels where stop-loss orders might be placed.
Volume Analysis: The indicator compares the volume at each swing point to the average volume over a specified period (Volume Average Length). Levels with above-average volume are colored red, indicating higher liquidity, while levels with below-average volume are colored green.
Liquidity Visualization: Horizontal dashed lines are drawn at each identified level, extending across the chart. Labels on the right side display the estimated liquidity amount (simulated based on volume and a multiplier, Volume Multiplier for Liquidity).
Sell Signal: A "SELL NOW" label appears when the price approaches a liquidity level after an uptrend (detected using a simple moving average crossover). This suggests a potential reversal as the market may target liquidity at that level.
Strategy Concept: Market Seeking Liquidity
The indicator is based on the concept that markets often move toward areas of high liquidity, such as clusters of stop-loss orders or significant order accumulations. These liquidity pools are typically found around swing highs and lows, where traders place their stop-losses or large orders. By identifying these levels and highlighting those with higher volume (red lines), the indicator aims to show where the market might move to "grab" this liquidity. For example, after an uptrend, the market may reverse at a swing high to take out stop-losses above that level, providing liquidity for larger players to enter or exit positions.
Settings
Swing Length: The number of bars to look back for detecting swing highs and lows. Default is 20.
Liquidity Threshold: The price threshold for merging nearby levels to avoid duplicates. Default is 0.001.
Volume Average Length: The period for calculating the average volume to compare against. Default is 20.
Volume Multiplier for Liquidity: A multiplier to scale the volume into a simulated liquidity amount (displayed as "K"). Default is 1000.
Usage Notes
Use this indicator on any timeframe, though it may be more effective on higher timeframes (e.g., 1H, 4H) where swing points are more significant.
Red lines indicate levels with higher volume, suggesting stronger liquidity pools that the market might target.
Green lines indicate levels with lower volume, which may be less significant.
The "SELL NOW" signal is a basic example of how to use liquidity levels for trading decisions. It appears when the price approaches a liquidity level after an uptrend, but it should be used in conjunction with other analysis.
Adjust the Volume Multiplier for Liquidity to scale the displayed liquidity amounts based on your instrument (e.g., forex pairs may need a higher multiplier than indices).
