Candlestick Bias OscillatorCandlestick Bias Oscillator (CBO)
The Candlestick Bias Oscillator (CBO) with Signal Line is a pioneering indicator developed for the TradingView platform, designed to offer traders a nuanced analysis of market sentiment through the unique lens of candlestick patterns. This indicator stands out by merging traditional concepts of price action analysis with innovative mathematical computations, providing a fresh perspective on trend detection and potential market reversals.
Originality and Utility
At the core of the CBO's originality is its method of calculating the bias of candlesticks. Unlike conventional oscillators that may rely solely on closing prices or high-low ranges, the CBO incorporates both the body and wick of candlesticks into its analysis. This dual consideration allows for a more rounded understanding of market sentiment, capturing both the directional momentum and the strength of price rejections within a single oscillator.
Mathematical Foundations
1. Body Bias: The CBO calculates the body bias by assessing the relative position of the close to the open within the day's range, scaled to a -100 to 100 range. This calculation reflects the bullish or bearish sentiment of the market, based on the day's closing momentum.
Body Bias = (Close−Open)/(High−Low) x 100
Wick Bias: Similarly, the wick bias calculation takes into account the lengths of the upper and lower wicks, indicating rejection levels beyond the body's close. The balance between these wicks is scaled similarly to the body bias, offering insight into the market's indecision or rejection of certain price levels.
Wick Bias=(Lower Wick−Upper Wick)/(Total Wick Length) × 100
3. Overall Bias and Oscillator: By averaging the body and wick biases, the CBO yields an overall bias score, which is then smoothed over a user-defined period to create the oscillator. This oscillator provides a clear visual representation of the market's underlying sentiment, smoothed to filter out the noise.
4. Signal Line: A secondary smoothing of the oscillator creates the signal line, offering a trigger for potential trading signals when the oscillator crosses this line, indicative of a change in market momentum.
How to Use the CBO:
The CBO is versatile, suitable for various trading strategies, including scalping, swing trading, and long-term trend following. Traders can use the oscillator and signal line crossovers as indications for entry or exit points. The relative position of the oscillator to the zero line further provides insight into the prevailing market bias, enabling traders to align their strategies with the broader market sentiment.
Why It Adds Value:
The CBO's innovative approach to analyzing candlestick patterns fills a gap in the existing array of TradingView indicators. By providing a detailed analysis of both candle bodies and wicks, the CBO offers a more comprehensive view of market sentiment than traditional oscillators. This can be particularly useful for traders looking to gauge the strength of price movements and potential reversal points with greater precision.
Conclusion:
The Candle Bias Oscillator with Signal Line is not just another addition to the plethora of indicators on TradingView. It represents a significant advancement in the analysis of market sentiment, combining traditional concepts with a novel mathematical approach. By offering a deeper insight into the dynamics of candlestick patterns, the CBO equips traders with a powerful tool to navigate the complexities of the market with increased confidence.
Explore the unique insights provided by the CBO and integrate it into your trading strategy for a more informed and nuanced market analysis.
In den Scripts nach "swing trading" suchen
Bollinger Bands & Fibonacci StrategyThe Bollinger Bands & Fibonacci Strategy is a powerful technical analysis trading strategy designed to identify potential entry and exit points in financial markets. This strategy combines two widely used indicators, Bollinger Bands and Fibonacci retracement levels, to assist traders in making informed trading decisions.
Key Features:
Bollinger Bands: This strategy utilizes Bollinger Bands, a volatility-based indicator that consists of an upper band, a lower band, and a middle (basis) line. Bollinger Bands help traders visualize price volatility and potential reversal points.
Fibonacci Retracement Levels: Fibonacci retracement levels are essential tools for identifying potential support and resistance levels in price charts. This strategy incorporates Fibonacci retracement levels, including the 0% and 100% levels, to aid in pinpointing key price levels.
Long and Short Signals: The strategy generates long (buy) and short (sell) signals based on specific conditions derived from Bollinger Bands and Fibonacci levels. Long signals are generated when price crosses above the upper Bollinger Band and when the price is above the Fibonacci low level. Short signals are generated when price crosses below the lower Bollinger Band and when the price is below the Fibonacci high level.
Position Management: To prevent multiple concurrent positions of the same type (long or short), the strategy employs position management logic. It tracks open positions and ensures that only one position type is active at a time.
Exit Conditions: The strategy includes customizable exit conditions to manage and close open positions. Traders can fine-tune exit criteria to align with their risk management and profit-taking strategies.
User-Friendly: This strategy script is user-friendly and can be easily integrated into the TradingView platform, allowing traders to apply it to various financial instruments and timeframes.
Usage:
Traders and investors can apply the Bollinger Bands & Fibonacci Strategy to a wide range of financial markets, including stocks, forex, commodities, and cryptocurrencies. It can be adapted to different timeframes to suit various trading styles, from day trading to swing trading.
Disclaimer:
Trading carries inherent risks, and this strategy is no exception. It is essential to use proper risk management techniques, including stop-loss orders, and thoroughly backtest the strategy on historical data before implementing it in live trading.
The Bollinger Bands & Fibonacci Strategy is a valuable tool for technical traders seeking well-defined entry and exit points based on robust indicators. It can serve as a foundation for traders to build and customize their trading strategies according to their individual preferences and risk tolerance.
Feel free to customize this description to add any additional details or specifications unique to your strategy. When publishing your strategy on a trading platform like TradingView, a clear and informative description can help potential users understand and use your strategy effectively.
W and M Pattern Indicator- SwaGThis is a TradingView indicator script that identifies potential buy and sell signals based on ‘W’ and ‘M’ patterns in the Relative Strength Index (RSI). It provides visual alerts and draws horizontal lines to indicate potential trade entry points.
User Manual:
Inputs: The script takes two inputs - an upper limit and a lower limit. The default values are 70 and 40, respectively.
RSI Calculation: The script calculates the RSI based on the closing prices of the last 14 periods.
Pattern Identification: It identifies ‘W’ patterns when the RSI makes a higher low within the lower limit, and ‘M’ patterns when the RSI makes a lower high within the upper limit.
Visual Alerts: The script plots these patterns on the chart. ‘W’ patterns are marked with small green triangles below the bars, and ‘M’ patterns are marked with small red triangles above the bars.
Trade Entry Points: A horizontal line is drawn at the high or low of the candle to represent potential trade entry points. The line starts from one bar to the left and extends 10 bars to the right.
Trading Strategy:
For investing, use a weekly timeframe.
For swing trading, use a daily timeframe.
For intraday trading, use a 5 or 15-minute timeframe. Only consider sell-side signals for intraday trading.
Take a buy position if the high breaks above the green line or sell if the low breaks below the red line.
Use recent signals only and avoid signals that are too old.
Swing highs or lows will be your stop-loss level.
Always think about your stop-loss before entering a trade, not your target.
Avoid trades with a large stop-loss.
Remember, this script is a tool to aid in your trading decisions. Always test your strategies thoroughly before live trading. Happy trading! 😊
Moving Average Filters Add-on w/ Expanded Source Types [Loxx]Moving Average Filters Add-on w/ Expanded Source Types is a conglomeration of specialized and traditional moving averages that will be used in most of indicators that I publish moving forward. There are 39 moving averages included in this indicator as well as expanded source types including traditional Heiken Ashi and Better Heiken Ashi candles. You can read about the expanded source types clicking here . About half of these moving averages are closed source on other trading platforms. This indicator serves as a reference point for future public/private, open/closed source indicators that I publish to TradingView. Information about these moving averages was gleaned from various forex and trading forums and platforms as well as TASC publications and other assorted research publications.
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Included moving averages
ADXvma - Average Directional Volatility Moving Average
Linnsoft's ADXvma formula is a volatility-based moving average, with the volatility being determined by the value of the ADX indicator.
The ADXvma has the SMA in Chande's CMO replaced with an EMA, it then uses a few more layers of EMA smoothing before the "Volatility Index" is calculated.
A side effect is, those additional layers slow down the ADXvma when you compare it to Chande's Variable Index Dynamic Average VIDYA.
The ADXVMA provides support during uptrends and resistance during downtrends and will stay flat for longer, but will create some of the most accurate market signals when it decides to move.
Ahrens Moving Average
Richard D. Ahrens's Moving Average promises "Smoother Data" that isn't influenced by the occasional price spike. It works by using the Open and the Close in his formula so that the only time the Ahrens Moving Average will change is when the candlestick is either making new highs or new lows.
Alexander Moving Average - ALXMA
This Moving Average uses an elaborate smoothing formula and utilizes a 7 period Moving Average. It corresponds to fitting a second-order polynomial to seven consecutive observations. This moving average is rarely used in trading but is interesting as this Moving Average has been applied to diffusion indexes that tend to be very volatile.
Double Exponential Moving Average - DEMA
The Double Exponential Moving Average (DEMA) combines a smoothed EMA and a single EMA to provide a low-lag indicator. It's primary purpose is to reduce the amount of "lagging entry" opportunities, and like all Moving Averages, the DEMA confirms uptrends whenever price crosses on top of it and closes above it, and confirms downtrends when the price crosses under it and closes below it - but with significantly less lag.
Double Smoothed Exponential Moving Average - DSEMA
The Double Smoothed Exponential Moving Average is a lot less laggy compared to a traditional EMA. It's also considered a leading indicator compared to the EMA, and is best utilized whenever smoothness and speed of reaction to market changes are required.
Exponential Moving Average - EMA
The EMA places more significance on recent data points and moves closer to price than the SMA (Simple Moving Average). It reacts faster to volatility due to its emphasis on recent data and is known for its ability to give greater weight to recent and more relevant data. The EMA is therefore seen as an enhancement over the SMA.
Fast Exponential Moving Average - FEMA
An Exponential Moving Average with a short look-back period.
Fractal Adaptive Moving Average - FRAMA
The Fractal Adaptive Moving Average by John Ehlers is an intelligent adaptive Moving Average which takes the importance of price changes into account and follows price closely enough to display significant moves whilst remaining flat if price ranges. The FRAMA does this by dynamically adjusting the look-back period based on the market's fractal geometry.
Hull Moving Average - HMA
Alan Hull's HMA makes use of weighted moving averages to prioritize recent values and greatly reduce lag whilst maintaining the smoothness of a traditional Moving Average. For this reason, it's seen as a well-suited Moving Average for identifying entry points.
IE/2 - Early T3 by Tim Tilson
The IE/2 is a Moving Average that uses Linear Regression slope in its calculation to help with smoothing. It's a worthy Moving Average on it's own, even though it is the precursor and very early version of the famous "T3 Indicator".
Integral of Linear Regression Slope - ILRS
A Moving Average where the slope of a linear regression line is simply integrated as it is fitted in a moving window of length N (natural numbers in maths) across the data. The derivative of ILRS is the linear regression slope. ILRS is not the same as a SMA (Simple Moving Average) of length N, which is actually the midpoint of the linear regression line as it moves across the data.
Instantaneous Trendline
The Instantaneous Trendline is created by removing the dominant cycle component from the price information which makes this Moving Average suitable for medium to long-term trading.
Laguerre Filter
The Laguerre Filter is a smoothing filter which is based on Laguerre polynomials. The filter requires the current price, three prior prices, a user defined factor called Alpha to fill its calculation.
Adjusting the Alpha coefficient is used to increase or decrease its lag and it's smoothness.
Leader Exponential Moving Average
The Leader EMA was created by Giorgos E. Siligardos who created a Moving Average which was able to eliminate lag altogether whilst maintaining some smoothness. It was first described during his research paper "MACD Leader" where he applied this to the MACD to improve its signals and remove its lagging issue. This filter uses his leading MACD's "modified EMA" and can be used as a zero lag filter.
Linear Regression Value - LSMA (Least Squares Moving Average)
LSMA as a Moving Average is based on plotting the end point of the linear regression line. It compares the current value to the prior value and a determination is made of a possible trend, eg. the linear regression line is pointing up or down.
Linear Weighted Moving Average - LWMA
LWMA reacts to price quicker than the SMA and EMA. Although it's similar to the Simple Moving Average, the difference is that a weight coefficient is multiplied to the price which means the most recent price has the highest weighting, and each prior price has progressively less weight. The weights drop in a linear fashion.
McGinley Dynamic
John McGinley created this Moving Average to track price better than traditional Moving Averages. It does this by incorporating an automatic adjustment factor into its formula, which speeds (or slows) the indicator in trending, or ranging, markets.
McNicholl EMA
Dennis McNicholl developed this Moving Average to use as his center line for his "Better Bollinger Bands" indicator and was successful because it responded better to volatility changes over the standard SMA and managed to avoid common whipsaws.
Non lag moving average
The Non Lag Moving average follows price closely and gives very quick signals as well as early signals of price change. As a standalone Moving Average, it should not be used on its own, but as an additional confluence tool for early signals.
Parabolic Weighted Moving Average
The Parabolic Weighted Moving Average is a variation of the Linear Weighted Moving Average. The Linear Weighted Moving Average calculates the average by assigning different weight to each element in its calculation. The Parabolic Weighted Moving Average is a variation that allows weights to be changed to form a parabolic curve. It is done simply by using the Power parameter of this indicator.
Recursive Moving Trendline
Dennis Meyers's Recursive Moving Trendline uses a recursive (repeated application of a rule) polynomial fit, a technique that uses a small number of past values estimations of price and today's price to predict tomorrows price.
Simple Moving Average - SMA
The SMA calculates the average of a range of prices by adding recent prices and then dividing that figure by the number of time periods in the calculation average. It is the most basic Moving Average which is seen as a reliable tool for starting off with Moving Average studies. As reliable as it may be, the basic moving average will work better when it's enhanced into an EMA.
Sine Weighted Moving Average
The Sine Weighted Moving Average assigns the most weight at the middle of the data set. It does this by weighting from the first half of a Sine Wave Cycle and the most weighting is given to the data in the middle of that data set. The Sine WMA closely resembles the TMA (Triangular Moving Average).
Smoothed Moving Average - SMMA
The Smoothed Moving Average is similar to the Simple Moving Average (SMA), but aims to reduce noise rather than reduce lag. SMMA takes all prices into account and uses a long lookback period. Due to this, it's seen a an accurate yet laggy Moving Average.
Smoother
The Smoother filter is a faster-reacting smoothing technique which generates considerably less lag than the SMMA (Smoothed Moving Average). It gives earlier signals but can also create false signals due to its earlier reactions. This filter is sometimes wrongly mistaken for the superior Jurik Smoothing algorithm.
Super Smoother
The Super Smoother filter uses John Ehlers’s “Super Smoother” which consists of a a Two pole Butterworth filter combined with a 2-bar SMA (Simple Moving Average) that suppresses the 22050 Hz Nyquist frequency: A characteristic of a sampler, which converts a continuous function or signal into a discrete sequence.
Three pole Ehlers Butterworth
The 3 pole Ehlers Butterworth (as well as the Two pole Butterworth) are both superior alternatives to the EMA and SMA. They aim at producing less lag whilst maintaining accuracy. The 2 pole filter will give you a better approximation for price, whereas the 3 pole filter has superior smoothing.
Three pole Ehlers smoother
The 3 pole Ehlers smoother works almost as close to price as the above mentioned 3 Pole Ehlers Butterworth. It acts as a strong baseline for signals but removes some noise. Side by side, it hardly differs from the Three Pole Ehlers Butterworth but when examined closely, it has better overshoot reduction compared to the 3 pole Ehlers Butterworth.
Triangular Moving Average - TMA
The TMA is similar to the EMA but uses a different weighting scheme. Exponential and weighted Moving Averages will assign weight to the most recent price data. Simple moving averages will assign the weight equally across all the price data. With a TMA (Triangular Moving Average), it is double smoother (averaged twice) so the majority of the weight is assigned to the middle portion of the data.
The TMA and Sine Weighted Moving Average Filter are almost identical at times.
Triple Exponential Moving Average - TEMA
The TEMA uses multiple EMA calculations as well as subtracting lag to create a tool which can be used for scalping pullbacks. As it follows price closely, it's signals are considered very noisy and should only be used in extremely fast-paced trading conditions.
Two pole Ehlers Butterworth
The 2 pole Ehlers Butterworth (as well as the three pole Butterworth mentioned above) is another filter that cuts out the noise and follows the price closely. The 2 pole is seen as a faster, leading filter over the 3 pole and follows price a bit more closely. Analysts will utilize both a 2 pole and a 3 pole Butterworth on the same chart using the same period, but having both on chart allows its crosses to be traded.
Two pole Ehlers smoother
A smoother version of the Two pole Ehlers Butterworth. This filter is the faster version out of the 3 pole Ehlers Butterworth. It does a decent job at cutting out market noise whilst emphasizing a closer following to price over the 3 pole Ehlers.
Volume Weighted EMA - VEMA
Utilizing tick volume in MT4 (or real volume in MT5), this EMA will use the Volume reading in its decision to plot its moves. The more Volume it detects on a move, the more authority (confirmation) it has. And this EMA uses those Volume readings to plot its movements.
Studies show that tick volume and real volume have a very strong correlation, so using this filter in MT4 or MT5 produces very similar results and readings.
Zero Lag DEMA - Zero Lag Double Exponential Moving Average
John Ehlers's Zero Lag DEMA's aim is to eliminate the inherent lag associated with all trend following indicators which average a price over time. Because this is a Double Exponential Moving Average with Zero Lag, it has a tendency to overshoot and create a lot of false signals for swing trading. It can however be used for quick scalping or as a secondary indicator for confluence.
Zero Lag Moving Average
The Zero Lag Moving Average is described by its creator, John Ehlers, as a Moving Average with absolutely no delay. And it's for this reason that this filter will cause a lot of abrupt signals which will not be ideal for medium to long-term traders. This filter is designed to follow price as close as possible whilst de-lagging data instead of basing it on regular data. The way this is done is by attempting to remove the cumulative effect of the Moving Average.
Zero Lag TEMA - Zero Lag Triple Exponential Moving Average
Just like the Zero Lag DEMA, this filter will give you the fastest signals out of all the Zero Lag Moving Averages. This is useful for scalping but dangerous for medium to long-term traders, especially during market Volatility and news events. Having no lag, this filter also has no smoothing in its signals and can cause some very bizarre behavior when applied to certain indicators.
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What are Heiken Ashi "better" candles?
The "better formula" was proposed in an article/memo by BNP-Paribas (In Warrants & Zertifikate, No. 8, August 2004 (a monthly German magazine published by BNP Paribas, Frankfurt), there is an article by Sebastian Schmidt about further development (smoothing) of Heikin-Ashi chart.)
They proposed to use the following:
(Open+Close)/2+(((Close-Open)/( High-Low ))*ABS((Close-Open)/2))
instead of using :
haClose = (O+H+L+C)/4
According to that document the HA representation using their proposed formula is better than the traditional formula.
What are traditional Heiken-Ashi candles?
The Heikin-Ashi technique averages price data to create a Japanese candlestick chart that filters out market noise.
Heikin-Ashi charts, developed by Munehisa Homma in the 1700s, share some characteristics with standard candlestick charts but differ based on the values used to create each candle. Instead of using the open, high, low, and close like standard candlestick charts, the Heikin-Ashi technique uses a modified formula based on two-period averages. This gives the chart a smoother appearance, making it easier to spots trends and reversals, but also obscures gaps and some price data.
Expanded generic source types:
Close = close
Open = open
High = high
Low = low
Median = hl2
Typical = hlc3
Weighted = hlcc4
Average = ohlc4
Average Median Body = (open+close)/2
Trend Biased = (see code, too complex to explain here)
Trend Biased (extreme) = (see code, too complex to explain here)
Included:
-Toggle bar color on/off
-Toggle signal line on/off
RSI Sigmoid (Saturation)# 📊 RSI Sigmoid (Saturation) Indicator
---
## 🎯 What Does This Indicator Do?
This indicator transforms the traditional **RSI (Relative Strength Index)** using a **sigmoid function**, creating a mathematically "saturated" version that provides smoother, more controlled momentum signals.
---
## ✨ Key Features
### 🌊 **Saturation Effect**
Unlike standard RSI which oscillates wildly between 0-100, this version uses a **hyperbolic tangent function** to compress extreme values:
- 🔴 **Extreme readings** (very high/low) are dampened → pushed toward saturation zones (10 & 90)
- 🟡 **Middle range** (30-70) remains responsive and dynamic
- 🟢 **Sharp spikes** are smoothed while maintaining trend direction
### 👁️ **Dual Visualization**
- **🔵 Blue Line**: RSI Sigmoid (Saturated) - Your primary signal
- **🟠 Orange Circles**: Traditional RSI - For comparison
- **🟣 Purple Area**: Difference plot showing transformation intensity
### 🎯 **Smart Signals**
- **▲ Green Triangle**: Buy Signal when RSI Sigmoid crosses **above 50**
- **▼ Red Triangle**: Sell Signal when RSI Sigmoid crosses **below 50**
- **🎨 Background Colors**: Highlight oversold, overbought, and saturation zones
---
## ⚙️ How to Use
### 📐 **RSI Period** (Default: 50)
```
Higher Values (70-100) → Smoother, slower, fewer signals
Lower Values (14-30) → More responsive, more signals, noisier
```
### 🎚️ **Sigmoid Coefficient** (Default: 0.5)
```
Low (0.1-0.2) → Gentle saturation, closer to standard RSI
Medium (0.25) → Balanced transformation
High (0.3-0.5) → Aggressive saturation, strong dampening
```
### 📍 **Oversold/Overbought Levels**
Customize based on your:
- Trading timeframe (1m, 5m, 1h, 1D, etc.)
- Asset volatility
- Trading style (scalping, swing, position)
---
## 🔍 What to Watch For
| Signal | Meaning | Action |
|--------|---------|--------|
| 🟢 **Cross Above 50** | Bullish momentum shift | Consider long positions |
| 🔴 **Cross Below 50** | Bearish momentum shift | Consider short positions |
| ⚡ **Saturation < 10** | Extreme oversold | Potential reversal up |
| 🔥 **Saturation > 90** | Extreme overbought | Potential reversal down |
| 🟣 **Large Difference** | High transformation intensity | Strong momentum dampening |
---
## 💡 Trading Tips
✅ **DO:**
- Use multiple timeframes for confirmation
- Combine with support/resistance levels
- Apply proper risk management (stop-loss, position sizing)
- Backtest settings on your specific asset
- Watch for divergences between price and indicator
❌ **DON'T:**
- Rely solely on this indicator
- Ignore market context and fundamentals
- Over-leverage based on signals
- Use default settings without testing
- Trade without a clear strategy
---
## ⚠️ IMPORTANT DISCLAIMERS
### 🚨 **NOT Financial Advice**
This indicator is provided for **educational and informational purposes only**. It does not constitute financial, investment, or trading advice.
### 🛡️ **Risk Warning**
- ❌ **No guarantee of profits** - Past performance ≠ future results
- ❌ **Do not rely on this alone** - Always use multiple analysis methods
- ❌ **Markets are unpredictable** - No indicator can predict with certainty
- ❌ **You can lose money** - Never risk more than you can afford to lose
### 🎛️ **Customization Required**
All settings are **user-configurable** for a reason:
- Default values may NOT suit your strategy
- Different assets require different parameters
- Always backtest before live trading
- Adjust based on your timeframe and risk tolerance
### 📜 **Your Responsibility**
- ✓ You are responsible for your own trading decisions
- ✓ Always do your own research (DYOR)
- ✓ Understand the risks before trading
- ✓ Consider consulting a licensed financial advisor
---
## 📋 Quick Settings Guide
| Trading Style | RSI Period | Sigmoid K | Notes |
|---------------|------------|-----------|-------|
| **Scalping** | 14-21 | 0.3-0.4 | Fast signals, higher noise |
| **Day Trading** | 30-50 | 0.4-0.5 | Balanced responsiveness |
| **Swing Trading** | 50-70 | 0.5 | Smoother, fewer false signals |
| **Position Trading** | 70-100 | 0.5 | Very smooth, major trends only |
---
## 🏷️ License & Liability
**Use at your own risk.** The creator assumes **no liability** for any trading losses, damages, or consequences resulting from the use of this indicator.
---
### 🤝 Happy Trading & Stay Safe! 📈
*Remember: The best indicator is your own knowledge and discipline.*
Dynamic MTF Reversal Sequential [Realtime]SMA Reversal Sequential MTF Engine
Professional Pivot Identification & Squeeze Analysis
1. Overview
The SMA Reversal Sequential MTF Engine is a sophisticated environment recognition tool that monitors 8 timeframes (1m to Monthly) to identify objective Pivot Highs and Lows.
Unlike standard indicators that rely on simple price-crosses, this engine determines structural market turns based on the curvature (slope) of the SMA. By automating the detection of price consolidation (Squeeze) and synchronizing it with higher timeframe trends, it provides a systematic approach to capturing high-probability breakout opportunities.
2. Input Settings & Operations
Each parameter is designed to help you filter noise and focus on the market structure that suits your trading style.
■ Main Settings
Use Short Period:
ON: Uses (5, 3, 7) periods. Ideal for scalping. It identifies micro-pivots and sensitive trend shifts.
OFF: Uses (20, 6, 20) periods. Designed for Day/Swing trading. It filters out noise and focuses on major structural highs and lows.
Hide Lower Timeframes:
Automatically hides labels from timeframes shorter than your current chart (e.g., hiding 1m labels while on a 1H chart) to maintain a clean workspace.
Break Label Right Offset:
Adjusts the horizontal position of the "Breakout" price labels on the right side of the chart.
■ Drawing Options
Show Only Current TF Labels:
When enabled, it hides "15", "1H" labels from other timeframes on the chart. Note: The MTF Dashboard will still track all timeframes regardless of this setting.
Show Trendlines & Channels:
Plots lines connecting determined Pivot Highs and Lows, visualizing the current "Trading Range" or "Channel."
Show ZigZag Line:
Connects the confirmed Highs and Lows with straight lines, making "Market Structure" (Higher Highs / Lower Lows) instantly recognizable.
Hide Outer Channel on Squeeze:
During a Squeeze (consolidation), this hides older wide channels to highlight the immediate converging boundaries.
3. Core Logic: Determining Highs & Lows
This engine determines "Pivots" through a logical three-step process:
SMA Reversal Detection: The engine calculates when the SMA slope changes from down to up (or vice versa) using a sequential offset comparison.
Pivot Determination: Once an SMA turn is confirmed, the highest/lowest price point during that turn is determined as a structural Pivot High/Low.
Squeeze Identification: When the last two determined Highs are "Lower Highs" and the last two Lows are "Higher Lows," the engine identifies a Squeeze (Triangle Consolidation) and marks it with a Green Dot (●).
4. How to Trade (Step-by-Step)
Check the MTF Dashboard: Look at the top-right table. If the higher timeframes (4H, 1D) are Blue, the market is in a structural uptrend (making new Highs).
Wait for the Squeeze: Wait for the Green Dot (●) on your current timeframe. This signifies that energy is being stored within a tight range.
The Breakout Signal: When the price breaks the squeeze in the direction of the higher timeframe trend, a Rocket (🚀) or Lightning (⚡) icon appears. This is a high-probability entry point where a lower-timeframe consolidation resolves into a higher-timeframe trend.
5. Important Notes
As an SMA-based tool, it is a "Lagging Indicator" by nature. It focuses on structural confirmation rather than predicting unpredictable price spikes.
Always prioritize the MTF Dashboard colors. Trading against the higher timeframe trend is not recommended.
SMA Reversal Sequential MTF Engine
〜多時間軸SMA反転による高値安値確定と保合い分析〜
1. 概要 (Overview)
本スクリプトは、8つの時間軸（1分足〜月足）におけるSMA（単純移動平均線）の傾きを解析し、**「主観を排除した客観的な高値・安値」**を自動で決定するマルチタイムフレーム（MTF）環境認識エンジンです。
最大の特徴は、価格の上下に一喜一憂するのではなく、移動平均線という「相場の平均的な流れ」が反転したポイントを「真の節目（Pivot）」として定義する点にあります。これにより、ボラティリティの収束（スクイーズ）と、上位足に同期した高確率なブレイクアウトをシステマチックに捉えることができます。
2. インプット設定の完全解説 (Input Settings)
ユーザーが設定画面で調整できる各項目の具体的な意味と、変更による効果を解説します。
■ 基本設定 (Main Settings)
短期設定を使用 (Use Short Period):
ON: 期間 (5, 3, 7) を使用。スキャルピングや短期トレード向け。非常に細かく高値・安値を決定し、微細な反転も逃さず捉えます。
OFF: 期間 (20, 6, 20) を使用。デイトレード〜スイング向け。ノイズを排除し、主要な大きな波の高値・安値のみを決定します。
下位足を非表示 (Hide Lower Timeframes):
ON: 現在のチャートより短い足（例：1時間足を表示中に1分・5分足のサインなど）を隠します。上位足の構造把握に集中し、チャートをスッキリさせたい時に有効です。
ブレイク文字の右オフセット:
チャート右側の余白に表示される価格情報の位置を調整します。数値が大きいほど右側に移動します。
■ 表示設定 (Drawing Options)
現在足のラベルのみ表示 (Show Only Current TF Labels):
ON: チャート上の「15」「1H」といった他時間足のサインを非表示にします。
利点: 右上のダッシュボードには全情報が維持されるため、視認性を高めつつ、MTF分析の精度を維持できます。
トレンドライン＆チャネル (Show Trendlines & Channels):
確定した高値同士・安値同士を線で結びます。現在の価格が「どの価格幅の範囲内（チャネル）」で推移しているかを可視化します。
ZigZagライン (Show ZigZag Line):
確定した高値と安値を交互に直線で結びます。ダウ理論的な「上昇・下落の波」の推移が一目で把握可能になります。
保合い中は外側ラインを非表示:
収束（スクイーズ）が発生した際、古い広いチャネルを隠し、今まさに機能している収束ラインのみを際立たせます。
3. 核心ロジック：高値・安値の決定プロセス
本ツールは以下の手順でチャート上の構造を構築します。
SMA反転の検知: SMAの傾きが「下落→上昇」または「上昇→下落」に転じた瞬間を計算。
節点の確定: その反転が起きた前後の最高値・最安値を**「確定した高値・安値」**として決定し、ラベルを打ちます。
スクイーズ判定: 決定された「直近2つの高値」が切り下がり、かつ「直近2つの安値」が切り上がった場合を**三角保合い（スクイーズ）**と定義し、緑のドット（●）を表示します。
4. 実戦的な操作フロー
このインジケーターを使ってどのようにトレードを組み立てるかの推奨ステップです。
環境認識 (Environment Check): 右上のダッシュボードで上位足（4H, 1D等）の色を確認。青なら「買いの高値更新中」、赤なら「売りの安値更新中」です。
保合い待機 (Squeeze Watching): 現在の足に**緑のドット（●）**が出るのを待ちます。これは決定された節目が収束し、次に大きく動くためのエネルギーを蓄積している合図です。
ブレイクの判断 (Decision): 保合いを抜けた際、ダッシュボードの上位足と同じ方向であれば、**🚀（ロケット）や⚡（稲妻）**のアイコンが出現します。これが「上位足の勢いに乗った、下位足の収束解消」という、最も期待値の高いエントリーポイントです。
5. 注意事項
本ツールは移動平均線に基づく「遅行指標」の性質を持ちます。そのため、急激なスパイク（一瞬の突発的な動き）には反応しない場合があります。
常に「上位足のトレンドがどちらを向いているか」をダッシュボードで確認し、逆張りでの使用は避けることを推奨します。
SuperTrend - With Exits & Trade ZonesSuperTrend - With Exits & Trade Zones
Overview
An advanced trend-following indicator that combines pivot points with the SuperTrend methodology to create a complete trading system with entry signals, exit signals, and visual trade zones. This indicator adapts to market structure rather than just price action, providing more reliable trend identification.
What Makes This Unique
Unlike standard SuperTrend indicators that use moving averages, this version:
Uses actual pivot points to calculate a dynamic center line
Provides multiple entry mode options for different trading styles
Shows clear exit signals (both trailing stop and take profit)
Color-codes the entire chart into trade zones (Long, Short, No Trade)
Eliminates guesswork about when to enter, exit, and stay out
Features
📊 Core Indicator Components
Pivot Point Detection: Identifies local highs and lows in price structure
Dynamic Center Line: Weighted calculation using detected pivot points
ATR-Based Bands: Volatility-adjusted upper and lower bands
Trailing Stop Line: Adaptive stop-loss that follows the trend
🎯 Entry Signals
Four entry modes to match your trading style:
Immediate Mode ⚡
Signals right when the trailing stop breaks
Fastest entries for aggressive traders
Best for strong trending markets
Aggressive Mode 🔥 (Recommended)
Signals when price closes beyond break candle OR opens beyond it
Balanced speed and confirmation
Good for most market conditions
Balanced Mode ⚖️
Requires entire candle to close beyond break level
Moderate confirmation
Reduces false breakouts
Conservative Mode 🛡️
Waits for candle to open AND stay completely beyond break level
Highest confirmation, slowest entries
Best for choppy markets
🚪 Exit Signals
Three exit strategies:
Trailing Stop
Exits when price crosses back through the trailing stop line
Lets profits run in trending markets
Protects gains when trend weakens
Take Profit %
Exits at predetermined profit target
Locks in gains at specific percentage
Good for range-bound markets
Both
Uses whichever exit comes first
Combines profit protection with trend following
Recommended for most traders
🎨 Visual Trade Zones
Color-coded backgrounds eliminate confusion:
🟢 Light Green: Active LONG position
🔴 Light Red: Active SHORT position
⚫ Gray: NO TRADE ZONE (between exit and next signal)
📍 Additional Visual Elements
Diamond markers: Show when trailing stop is first broken
BUY/SELL labels: Clear entry signals in green/red
EXIT markers: Gray X for stop loss, Orange X (TP) for take profit
Pivot points: Optional display of detected highs/lows (H/L markers)
Support/Resistance: Optional circles at pivot levels
Settings & Parameters
Basic Settings
Pivot Point Period (default: 2)
Controls sensitivity of pivot detection
Lower = more pivots detected (more responsive)
Higher = fewer pivots (more stable)
ATR Factor (default: 3)
Distance multiplier for trailing stop bands
Lower = tighter stops (more signals, earlier exits)
Higher = wider stops (fewer signals, longer trades)
ATR Period (default: 10)
Lookback period for volatility calculation
Affects how quickly bands adapt to volatility changes
Entry Configuration
Entry Mode: Select from Immediate/Aggressive/Balanced/Conservative
Determines how quickly the indicator generates signals after a trend break
Exit Configuration
Exit Method: Choose Trailing Stop, Take Profit %, or Both
Take Profit % (default: 2%)
Set your profit target as percentage of entry price
Adjust based on volatility and timeframe
Display Options
Show Buy/Sell Labels: Toggle entry signal labels
Show Exit Signals: Toggle exit markers
Show Break Candles: Toggle diamond markers on trend breaks
Show Pivot Points: Display H/L markers at pivot points
Show PP Center Line: Display the dynamic center line
Show Support/Resistance: Display circles at S/R levels
How to Use
For Swing Traders
Set Entry Mode to "Balanced" or "Conservative"
Use "Both" exit method with 3-5% take profit
Enable all visual elements for complete market picture
Trade only in direction of colored zones
For Day Traders
Set Entry Mode to "Aggressive" or "Immediate"
Use "Trailing Stop" exit method to catch intraday trends
Lower ATR Factor to 2-2.5 for tighter stops
Watch for quick signals in the first 2 hours of trading
For Position Traders
Use higher timeframes (Daily/Weekly)
Set Entry Mode to "Conservative"
Increase Take Profit % to 5-10%
Use larger ATR Factor (4-5) for wider stops
General Trading Rules
✅ DO: Enter on BUY/SELL signals (green/red backgrounds)
✅ DO: Exit on EXIT/TP markers
❌ DON'T: Enter during gray NO TRADE ZONE
❌ DON'T: Counter-trend trade against the colored zone
Alerts
Set up the following alerts for automated trading notifications:
Buy Signal: Triggers when long entry conditions are met
Sell Signal: Triggers when short entry conditions are met
Exit Long: Triggers when long position should be closed
Exit Short: Triggers when short position should be closed
Trailing Stop Broken: Triggers on initial trend change
Best Practices
Timeframe Selection
1-5 min: Scalping (use Immediate/Aggressive mode)
15-60 min: Day trading (use Aggressive/Balanced mode)
4H-Daily: Swing trading (use Balanced/Conservative mode)
Weekly: Position trading (use Conservative mode)
Risk Management
Always use the EXIT signals - don't hold through gray zones
Position size based on distance to trailing stop
Never risk more than 1-2% per trade
Consider wider stops on higher timeframes
Market Conditions
Trending markets: Use Aggressive mode, Trailing Stop exits
Ranging markets: Use Conservative mode, Take Profit exits
High volatility: Increase ATR Factor, use Both exits
Low volatility: Decrease ATR Factor for tighter stops
Technical Details
Calculation Method
Detect pivot highs and lows using specified period
Calculate weighted center line: (previous_center × 2 + new_pivot) / 3
Calculate bands: Upper = Center - (ATR Factor × ATR), Lower = Center + (ATR Factor × ATR)
Determine trend based on price position relative to bands
Trail stop line follows the active trend direction
Signal Logic
Entry signals generated based on selected confirmation mode
Position tracking maintains state from entry to exit
Exit signals calculated from both trailing stop and take profit levels
Trade zones update in real-time based on position state
Limitations & Considerations
Works best in trending markets; may generate false signals in tight ranges
Not a holy grail - should be used with proper risk management
Past performance does not guarantee future results
Recommended to backtest on your specific instrument and timeframe
Consider combining with volume analysis or other indicators for confirmation
Version History
v1.0: Initial release with entry signals and confirmation modes
v1.1: Added exit signals (trailing stop and take profit)
v1.2: Added color-coded trade zones (Long/Short/No Trade)
Credits
Original Pivot Point SuperTrend concept by LonesomeTheBlue
Modified with exit signals and trade zone visualization
License
Mozilla Public License 2.0
Example Setups
Conservative Swing Trading
Pivot Point Period: 2
ATR Factor: 3
ATR Period: 10
Entry Mode: Conservative
Exit Method: Both
Take Profit %: 4%
Aggressive Day Trading
Pivot Point Period: 2
ATR Factor: 2.5
ATR Period: 10
Entry Mode: Aggressive
Exit Method: Trailing Stop
Position Trading
Pivot Point Period: 3
ATR Factor: 4
ATR Period: 14
Entry Mode: Balanced
Exit Method: Both
Take Profit %: 8%
Disclaimer: This indicator is for educational purposes only. Trading involves substantial risk. Always do your own research and never trade with money you cannot afford to lose.
UT Bot Alerts [2026 Elite Edition]🚀 Overview
The UT Bot 2026 Elite Edition is the ultimate evolution of the legendary volatility trading system originally conceptualized by QuantNomad. While the original tool revolutionized trend following, this "Elite Edition" introduces Asymmetric Sensitivity—a professional feature that acknowledges a fundamental market truth: Assets do not fall the same way they rise.
This script allows you to decouple your Long and Short strategies, offering surgical precision for both bull runs and bear crashes, all while monitoring trade health via a new real-time Safety Dashboard.
🧠 The Logic: Why "Elite"?
Most trailing stop systems use a single setting (e.g., Key: 2, ATR: 10) for both buying and selling. This is efficient but often suboptimal.
Bull Markets often grind up slowly (requiring looser stops to avoid shakeouts).
Bear Markets often crash quickly (requiring tighter, faster stops to protect capital).
The Dual-Engine Solution: This script runs two separate calculation engines simultaneously:
The Buy Engine (Ceiling): Calculates the resistance ceiling using its own Sensitivity (Key) and Smoothness (ATR) settings.
The Sell Engine (Floor): Calculates the support floor using entirely different settings.
This means you can have a "Slow & Steady" settings for buying Bitcoin, but a "Fast & Aggressive" setting for shorting it, all within the same indicator.
✨ Key Features
1. Asymmetric "Dual-Key" Sensitivity
Buy Key & ATR: Tune your entry sensitivity for long positions.
Sell Key & ATR: Tune your short parameters independently.
Why this matters: You can now set a wide stop for trending up, but a tight stop for trending down to capture profit instantly when momentum breaks.
2. The Safety Dashboard (HUD) A professional Heads-Up Display (HUD) located in the top-right corner. It provides critical "Flight Data" that simple buy/sell labels hide:
Status: Instantly see if you are net Long or Short.
Stop Price (The Kill Level): The exact price where the trend will flip. Use this for your hard Stop Loss orders.
Active ATR: Displays the current volatility width. High ATR = High Volatility (Wide Stops). Low ATR = Consolidation (Tight Stops).
3. Heikin Ashi Smoothing
Includes a built-in toggle to calculate signals based on Heikin Ashi candles while viewing standard candles. This filters out "noise" and wicks, often keeping you in a trend longer.
4. Pine Script v6 Optimization
Refactored for the latest Pine Script v6 standards, ensuring faster execution and compatibility with the latest TradingView features.
🛠️ How to Use (Best Practices)
For Scalping (1m - 5m Timeframes):
Suggestion: Set Sell Key lower (e.g., 1.5) and Sell ATR lower (e.g., 5) to react quickly to drops. Keep Buy Key higher to avoid choppy fake-outs. I personally use the default settings on the 3M time frame with Gold and NQ with a high rate of success.
For Swing Trading (4h - Daily):
Suggestion: Increase Buy ATR (e.g., 30-100) to smooth out the noise of daily fluctuations.
The Dashboard:
Always check the Stop Price on the dashboard before entering. If the Stop Price is too far away from the current price, your risk might be too high for the trade size.
🙏 Credits & Appreciation
This script stands on the shoulders of giants.
Original Logic: Huge props and credit to QuantNomad for the original UT Bot strategy. His work laid the foundation for volatility-based trailing stops on TradingView.
Concept: Based on the "Ceiling/Floor" volatility theory.
Development: Enhanced and refactored by for the 2026 market environment.
Disclaimer: This tool is for information purposes only. Past performance does not guarantee future results.
BuyLow SellHigh Bands | ProjectSyndicate________________________________________
📊 BuyLow SellHigh (BLSH) Bands
Comprehensive Trading Guide – by ProjectSyndicate
________________________________________
🔰 1. Introduction
The BuyLow SellHigh (BLSH) Bands indicator is a powerful technical analysis tool designed for the TradingView platform. Works with any symbol. Gold/FX/indices/oil/crypto/stocks.
It provides traders with a clear, visual representation of:
• 📈 Overbought conditions
• 📉 Oversold conditions
This makes it easier to identify high-probability entry and exit points.
The indicator is built on:
• Dynamic price channels
• Fibonacci-based zones
• Color-coded market structure
💡 While the BLSH Bands can be used on Forex, Crypto, and Futures, this guide focuses on Gold (XAUUSD) using:
• M5
• M15
• M30 timeframes
________________________________________
🧠 2. Core Concepts
The BLSH Bands structure is created using two key components:
________________________________________
📐 Dynamic Price Bands
• Upper and lower bands are calculated using the highest high and lowest low
• Based on a user-defined lookback period (fiboPeriod)
• Reflects recent volatility and price range
This creates a self-adjusting channel that adapts to market conditions.
________________________________________
🧮 Fibonacci Zones
The space between the bands is divided into six Fibonacci-based zones:
• 0.786
• 0.618
• 0.500
• 0.382
• 0.214
⚠️ These are not traditional retracements — they are used to grade price extremity within the channel.
________________________________________
🎨 Color-Coded Zones Overview
Zone (Fib Level) Color Market Condition Interpretation
1.000 – 0.786 🔴 Red Extreme Overbought High reversal / pullback probability
0.786 – 0.618 🟠 Orange Overbought Selling pressure building
0.618 – 0.500 🟡 Yellow Mildly Overbought Bullish momentum weakening
0.500 – 0.382 🟢 Aqua Mildly Oversold Bearish momentum weakening
0.382 – 0.214 🔵 Deep Sky Blue Oversold Strong buying interest
0.214 – 0.000 🔷 Blue Extreme Oversold High bounce / reversal probability
🖤 Solid black separator lines ensure clean visual separation between zones for precise price location.
________________________________________
🪙 3. Trading Strategies for XAUUSD (Gold)
Gold’s volatility and respect for technical levels make it ideal for BLSH Bands strategies.
________________________________________
⚡ M5 Timeframe – Scalping Strategy
Designed for fast mean-reversion trades from extreme zones.
🟢 BUY Setup
• Price enters Extreme Oversold (Blue) zone
• Bullish confirmation candle appears:
o Hammer
o Bullish engulfing
• Enter BUY
🔴 SELL Setup
• Price enters Extreme Overbought (Red) zone
• Bearish confirmation candle appears:
o Shooting star
o Bearish engulfing
• Enter SELL
🎯 Take Profit:
• Median band (between Yellow & Aqua)
🛑 Stop Loss:
• Just outside the outer band
________________________________________
📆 M15 Timeframe – Day Trading Strategy
Balanced timeframe for higher-probability reversals.
🟢 BUY Setup
• Price enters Oversold (Blue / Deep Sky Blue)
• Strong bullish reversal candle closes back inside bands
• Enter BUY after close
🔴 SELL Setup
• Price enters Overbought (Red / Orange)
• Bearish reversal candle closes back inside bands
• Enter SELL after close
🎯 Take Profit (Multi-Target):
1. Median band
2. Opposite extreme band
🛑 Stop Loss:
• Beyond high/low of confirmation candle
________________________________________
🔄 M30 Timeframe – Swing Trading Strategy
Used for identifying major swing points.
🔍 Trend Filter
• Use 100 or 200 EMA
• Trade only in trend direction
🟢 Uptrend
• Buy pullbacks into Oversold zones
🔴 Downtrend
• Sell rallies into Overbought zones
📉 Confirmation:
• Band rejection
• RSI or MACD divergence
🎯 Take Profit:
• Previous structure levels
• Opposite band extreme
🛑 Stop Loss:
• Below / above recent swing high or low
________________________________________
🚨 4. Alerts System
Alerts are disabled by default to keep charts clean.
✅ How to Enable
• Open indicator settings
• Check “Enable Alerts”
________________________________________
🔔 Available Alerts
🔴 Overbought Alert
• Trigger: Price crosses above 0.786
• Message:
🔴 SELL SIGNAL: Price entered Overbought Zone – Consider selling or taking profits
🟢 Oversold Alert
• Trigger: Price crosses below 0.214
• Message:
🟢 BUY SIGNAL: Price entered Oversold Zone – Consider buying or entering long
________________________________________
⏱ Alert Spacing Logic
• Default: 20/50 bars
• Prevents repeated alerts in choppy markets
• Filters for higher-quality signals
________________________________________
⚙️ 5. Customization Settings
Adjust the indicator in the Settings panel:
🔧 Core Inputs
• fiboPeriod → Band sensitivity
• extremes → Price source (High/Low or Close)
🔔 Alert Controls
• Enable / disable alerts
• Separate control for overbought & oversold
• Alert spacing (bars)
________________________________________
⭐ How You Can Support ProjectSyndicate (3 Steps)
1. ✅ Click “Add to Favorites” to save this script to your TradingView Favorites
2. 🔎 Check out our other scripts to complete your SMC toolkit
3. 👤 Follow ProjectSyndicate for the latest updates, upgrades, and new releases
________________________________________
⚠️ 6. Disclaimer
Trading involves significant risk and may not be suitable for all traders.
This indicator is a decision-support tool, not a standalone trading system.
Always apply:
• Proper risk management
• Additional confirmations
• Sound trading discipline
📉 Past performance does not guarantee future results.
SIV Trading LightSmartInVisions Trading Light (SIV Trading Light)
**Multi-Factor Market Regime & Trade Bias Indicator**
---
## Overview and Purpose
**SmartInVisions Trading Light (SIV Trading Light)** is a market **context and trade-bias indicator**, not a signal generator.
Its purpose is to answer one practical trading question:
> *“Given the current market conditions, is it statistically more favorable to think LONG, SHORT, or stay neutral?”*
Instead of relying on a single indicator, SIV Trading Light **combines several independent market dimensions into one coherent score**.
This allows traders to avoid over-trading in unfavorable environments and to align trades with the dominant market context.
---
## Why This Is NOT a Simple Indicator Mashup
This script does **not** simply merge popular indicators.
Each component is:
* normalized,
* weighted,
* evaluated against thresholds,
* and translated into **positive, neutral, or negative score contributions**.
Only the **combined interaction** of these components produces the final trade bias.
No single indicator can dominate the result on its own.
---
## Core Calculation Concept
At every bar, the indicator evaluates multiple independent factors.
Each factor contributes points to a **total bias score**.
The score is then classified into one of three states:
* **LONG bias**
* **NEUTRAL**
* **SHORT bias**
The indicator does **not** predict price direction.
It classifies the **current trading environment**.
---
## Components and How They Work Together
### 1. Trend Structure (Moving Averages)
**Purpose:** Identify the dominant directional structure.
* Fast MA vs Slow MA relationship
* Price position relative to the slow MA
* Optional slope confirmation
Contribution:
* Positive points in aligned uptrends
* Negative points in aligned downtrends
* Neutral in mixed or unclear structures
---
### 2. Momentum (RSI)
**Purpose:** Measure directional strength.
* RSI above upper threshold → bullish momentum
* RSI below lower threshold → bearish momentum
* Mid-range RSI → neutral
Momentum refines trend signals by confirming or weakening them.
---
### 3. Trend Quality / Choppiness (ADX)
**Purpose:** Filter out sideways or noisy markets.
* ADX above threshold → trending environment
* ADX below threshold → choppy environment
ADX does **not** define direction.
It modifies how much weight trend and momentum signals receive.
---
### 4. Volatility Risk (ATR%)
**Purpose:** Penalize structurally dangerous environments.
ATR is normalized as a percentage of price:
* Excessively high volatility → risk penalty
* Extremely low volatility → participation penalty
* Balanced volatility → neutral or positive contribution
This prevents aggressive trading in unstable regimes.
---
### 5. Market Participation (Relative Volume)
**Purpose:** Confirm whether moves are supported by volume.
* High relative volume → confirmation
* Low volume → weaker confidence
Volume acts as a confidence modifier, not as a directional signal.
---
### 6. Higher-Timeframe Market Regime (Optional)
**Purpose:** Align trades with the dominant higher-timeframe context.
On a user-defined **regime timeframe**, the script evaluates:
* trend structure
* RSI momentum
The regime filter can:
* amplify signals aligned with the higher timeframe
* suppress signals against it
This avoids trading aggressively against dominant market structure.
---
## Multi-Timeframe Design
The indicator separates two concepts:
* **Trading Timeframe**: the chart timeframe used for execution
* **Regime Timeframe**: a higher timeframe used for contextual bias
This design allows the same logic to be applied to:
* day trading
* swing trading
* longer-term investing
---
## Presets and Customization
Built-in presets are provided for:
* Day Trading (USA / Europe)
* Swing Trading (USA / Europe)
* Investing (USA / Europe)
Presets define:
* factor weights
* thresholds
* score boundaries
They do **not** define:
* timeframes
* moving average types or lengths
This keeps structural decisions under user control while simplifying parameter tuning.
A **Custom mode** allows full manual configuration.
---
## Visual Output
The indicator provides:
* two moving average overlays (fast / slow)
* an optional background color reflecting the current bias
* a compact badge summarizing mode, score, and state
* an optional breakdown table showing how each factor contributes to the score
These visuals are designed to explain **why** the current bias exists.
---
## Alerts
Alerts are based on **state changes**, not on every bar.
Alert outputs include:
* numerical state (`1 = LONG, 0 = NEUTRAL, -1 = SHORT`)
* score value
* rounded moving average values
This allows integration into discretionary or systematic workflows without alert noise.
---
## How This Indicator Should Be Used
✔ As a **trade filter**
✔ To avoid trading in unfavorable conditions
✔ To align discretionary entries with market context
---
## What This Indicator Is NOT
✘ Not a buy/sell signal
✘ Not a prediction model
✘ Not a replacement for risk management
---
## Credits and License
**Publisher:** SmartInVisions GmbH
**Concept & Design:** Reiner Ernst
**Implementation & Iterative Development:** SmartInVisions GmbH + ChatGPT (OpenAI)
**License:** Mozilla Public License 2.0 (MPL-2.0)
---
## Disclaimer
This script is provided for educational and research purposes only.
It does not constitute financial advice. Trading involves risk.
---
Auto Fibonacci Lines Depending on ZigZag %In the world of technical analysis, few tools are as powerful—or as misused—as Fibonacci Retracements. The Auto Fibonacci Lines Depending on ZigZag % is not just an indicator; it is a complete, automated trading system designed to eliminate subjectivity and bring institutional-grade precision to your charts.
This script automates the identification of significant market structures using a ZigZag algorithm. Once a market swing is mathematically confirmed (based on your deviation settings), it instantly projects a complete suite of Retracement and Extension levels. This allows you to stop guessing where to draw your lines and start focusing on price action.
🧠 The Logic Behind the Indicator
Understanding how your tools work is the first step to trusting them. This script operates on a three-step logic loop:
ZigZag Identification:
The script continuously monitors price action relative to the last known pivot point. It uses a user-defined Deviation % to filter out market noise. A new "Leg" is only confirmed when price reverses by this specific percentage. This ensures that the Fibonacci lines are only drawn on significant market moves, not random chop.
Automated Anchor Points:
Once a downward trend is confirmed (e.g., price drops 30% from the top), the script automatically anchors the Fibonacci tool to the Swing High (Start) and the Swing Low (End). It does this without you needing to click or drag anything.
Dynamic Cleanup:
Markets evolve. A key feature of this script is its self-cleaning mechanism. As soon as a new trend leg is confirmed, the script automatically deletes the old, invalidated Fibonacci lines and draws a fresh set for the new structure. This keeps your chart clean and focused on the now.
🎓 How to Trade This System
This indicator is color-coded to simplify your decision-making process. It moves beyond standard "rainbow" charts by categorizing price levels into three distinct actionable zones.
1. The "Reload Zone" (White Lines: 0.618 - 0.786) ⚪
Role: High-Probability Support / Entry
In institutional trading, the 0.618 (Golden Ratio) to 0.786 region is often where algorithms step in to defend a trend.
Why it works : This is the "discount" area where smart money re-accumulates positions before the next leg up.
2. The "Decision Wall" (Blue Lines: 1.382 - 1.5) 🔵
Role: Strong Resistance / Trend Check
This is a unique feature of this suite. The 1.382 and 1.5 levels often act as a "ceiling" for weak breakouts.
Strategy : If you entered in the White Zone, the Blue Zone is your first major hurdle. If price stalls here, consider securing partial profits.
Warning : A rejection from the Blue Lines often leads to a double-top formation. However, a clean break above the Blue Lines usually signals a parabolic move is beginning.
3. The "Extension Zone" (Yellow, Red, Purple > 1.618) 🟡🔴
Role : Take Profit / Exhaustion
Levels above 1.5 (starting with the 1.618 Golden Extension) are statistical extremes.
Strategy : These are Strict Take Profit levels. Do not FOMO (Fear Of Missing Out) into new long positions here. The probability of a reversal increases drastically as price climbs through these levels (2.618, 3.618, 4.618).
📐 The Mathematical Edge: Logarithmic vs. Linear
One of the most critical features of this script is the ability to toggle between Logarithmic and Linear calculations.
Why use Logarithmic?
If you are trading Crypto (Bitcoin, Altcoins) or high-growth Tech Stocks, linear Fibonacci levels are mathematically incorrect over large moves. A 50% drop from $100 is different than a 50% drop from $10.
This script calculates the percentage difference (Log Scale), ensuring your targets are accurate even during 100%+ parabolic runs.
Why use Linear?
For mature markets like Forex (EURUSD) or Indices (SPX500) where volatility is lower, Linear scaling is the industry standard.
🛠️ Configuration & Best Practices
Deviation % : This is the heartbeat of the indicator.
Swing Trading : Set to 20-30%. This filters out noise and only draws Fibs on major macro moves.
Scalping : Set to 3-5%. This will catch smaller intraday waves.
Text Place : Keeps your chart clean by pushing labels to the right, ensuring they don't overlap with the current price action.
👤 Who Is This Indicator For?
The Disciplined Trader : Who wants to remove emotional bias from their charting.
The Crypto Investor : Who needs accurate Logarithmic targets for long-term holding.
The Confluence Trader : Who combines these automated levels with Order Blocks, RSI, or Volume to find the perfect entry.
⚠️ RISK DISCLAIMER & TERMS OF USE
For Educational Purposes Only:
This script and the strategies described herein are provided strictly for educational and informational purposes. They do not constitute financial, investment, or trading advice. The "Auto Fibonacci Lines" indicator is a tool for technical analysis and should not be used as the sole basis for any trading decision.
No Guarantees:
Past performance of any trading system or methodology is not necessarily indicative of future results. Financial markets are inherently volatile, and trading involves a high level of risk. You could lose some or all of your capital.
User Responsibility:
By using this script, you acknowledge that you are solely responsible for your own trading decisions and risk management. The author assumes no liability for any losses or damages resulting from the use of this tool or the information provided. Always consult with a qualified financial advisor before making investment decisions.
NVentures Liquidity Radar ProInstitutional Liquidity Radar Pro
OVERVIEW
This indicator combines three institutional trading concepts into a unified confluence scoring system: Liquidity Zones (swing-based), Order Blocks, and Fair Value Gaps. The unique value lies not in these individual concepts, but in HOW they interact through the confluence scoring algorithm to filter high-probability zones.
HOW THE CONFLUENCE SCORING WORKS
The core innovation is the calcConfluence() function that assigns a numerical score to each detected level:
1. Base Score: Every swing pivot starts with score = 1
2. Zone Overlap Detection: The algorithm iterates through all active zones within confDist * ATR proximity. Each overlapping zone adds +1 to the score
3. Order Block Proximity: If an Order Block's midpoint (top + bottom) / 2 falls within the confluence distance, +1 is added
4. HTF Validation: Using request.security(), the indicator fetches higher timeframe swing pivots. If the current zone aligns with an HTF swing within 2 * confDist * ATR_htf, a +2 bonus is awarded
Zones scoring 4+ are highlighted as high confluence - these represent areas where multiple institutional concepts converge.
HOW LIQUIDITY ZONES ARE CALCULATED
Detection: ta.pivothigh() and ta.pivotlow() with configurable lookback (default: 5 bars left/right)
Zone Width - Three modes available:
- ATR Dynamic: ATR(14) * multiplier (default 0.25)
- Fixed %: close * (percentage / 100)
- Wick Based: max(upperWick, lowerWick) * 1.5
Proximity Filter: isTooClose() prevents clustering by enforcing minimum ATR * minATRdist between zones
HOW ORDER BLOCKS ARE DETECTED
The detectBullishOB() / detectBearishOB() functions identify the last opposing candle before an impulse move:
1. Check if candle is opposing direction (bearish before bullish impulse, vice versa)
2. Validate consecutive candles in impulse direction (configurable, default: 3)
3. Volume confirmation: volume >= volMA * volMult (using 50-period SMA)
4. Minimum move validation: abs(close - close ) > ATR
This filters out weak OBs and focuses on those with institutional volume footprints.
HOW FAIR VALUE GAPS ARE DETECTED
FVGs represent price imbalances:
- Bullish FVG: low - high > ATR * fvgMinSize
- Bearish FVG: low - high > ATR * fvgMinSize
The ATR-relative sizing ensures gaps are significant relative to current volatility.
HOW SWEEP DETECTION WORKS
The checkSweep() function identifies false breakouts through wick analysis:
1. Calculate wick percentage: upperWick / totalRange or lowerWick / totalRange
2. Sweep conditions for resistance: high > zone.upper AND close < zone.price AND wickPct >= threshold
3. Sweep conditions for support: low < zone.lower AND close > zone.price AND wickPct >= threshold
A sweep indicates liquidity was grabbed without genuine continuation - often preceding reversals.
HOW FRESHNESS DECAY WORKS
The calcFreshness() function implements linear decay:
freshness = 1.0 - (age / decayBars)
freshness = max(freshness, minFresh)
This ensures old, tested zones fade visually while fresh zones remain prominent.
WHY THESE COMPONENTS WORK TOGETHER
The synergy is based on the principle that institutional activity leaves multiple footprints:
- Swing Pivots = where retail stops cluster
- Order Blocks = where institutions entered
- FVGs = where aggressive institutional orders created imbalances
- HTF Alignment = where higher timeframe participants are active
When these footprints converge at the same price level (high confluence score), the probability of significant price reaction increases.
CONFIGURATION
- Swing Detection Length: 5-8 for intraday, 8-15 for swing trading
- HTF Timeframe: One level above trading TF (e.g., D for H4)
- Min Confluence to Display: 2 for comprehensive view, 3-4 for high-probability only
- FVGs: Disabled by default for cleaner charts
STATISTICS PANEL
Displays: Active resistance/support zones, high confluence count, swept zones, active OBs, active FVGs, current ATR, selected HTF.
ALERTS
- Price approaching high confluence zone
- Liquidity sweep detected
- Bullish/Bearish Order Block formed
- Bullish/Bearish FVG detected
TECHNICAL NOTES
- Uses User-Defined Types (UDTs) for clean data structure management
- Respects Pine Script drawing limits (500 boxes/labels/lines)
- All calculations are ATR-normalized for cross-market compatibility
Reversal Detection v3.0 - Real-Time Pro (Non-Repainting)═══════════════════════════════════════════════════════
REVERSAL DETECTION PRO v3.0 - NON-REPAINTING
Adaptive Zigzag Reversal Detection for Scalpers & Day Traders
═══════════════════════════════════════════════════════
CHART EXAMPLE
The indicator is shown running on MNQ1! (Micro E-mini Nasdaq-100
futures) on a 2-minute chart. The indicator works on all symbols
and timeframes, but is optimized for futures scalping on 1-5
minute charts.
WHY I BUILT THIS
Most reversal indicators out there repaint like crazy, flipping
signals after the fact and making you second-guess every trade.
Plus they're too noisy in choppy markets or way too laggy in
trends, so I kept missing entries or getting faked out. I wanted
something solid that sticks to its guns without repainting and
adapts to volatility without me tweaking it every 5 minutes.
This indicator solves those problems by using an adaptive zigzag
algorithm that adjusts to market volatility automatically. Once a
reversal signal appears, it's locked in place - no repainting, no
disappearing signals. The ATR-based sensitivity system means it
works across different market conditions without constant adjustment.
WHAT YOU'LL SEE ON YOUR CHART
When you add this indicator, here's what shows up:
- GREEN LABELS with "REVERSAL" and price level = Bullish reversal
confirmed at swing low
- RED LABELS with "REVERSAL" and price level = Bearish reversal
confirmed at swing high
- HORIZONTAL LINES extending from each reversal = Reference for
stops and targets
- PREVIEW LABELS (lighter colors) = Potential reversals forming in
real-time (optional)
- CANDLE COLORS: Green for bullish trends, red for bearish, purple
for neutral
- PURPLE BOXES = Supply/demand zones marking reversal areas
- INFO TABLE (top corner) = Shows sensitivity, current ATR,
threshold, and trend status
The indicator uses three EMAs (9/14/21 periods) to determine trend
direction, which drives the candle coloring system. This helps you
see whether you're in a bullish, bearish, or choppy market at a
glance.
HOW IT WORKS
The core reversal detection uses a zigzag calculation that tracks
price swings and identifies reversals when price moves by a
dynamically calculated threshold. The reversal amount is determined
by taking the maximum of three values:
1. Percentage-based threshold (adjusts to instrument price level)
2. Absolute price movement threshold (minimum move required)
3. ATR-based threshold (adapts to current volatility)
This multi-factor approach ensures the indicator works consistently
across different assets and market conditions. The non-repainting
mechanism uses confirmed bar data - once a pivot is detected at a
swing high or low, the label and horizontal line are permanently
locked at that exact wick price.
Five sensitivity presets automatically adjust the ATR multiplier:
- Very High (0.8x ATR) = More signals, captures small moves
- High (1.2x ATR) = Active trading
- Medium (2.0x ATR) = Balanced (default)
- Low (2.8x ATR) = Filters noise
- Very Low (3.5x ATR) = Only major reversals
Advanced users can select "Custom" to manually tune ATR multiplier,
percentage threshold, and calculation method.
HOW I USE IT
I mainly trade /MNQ futures on 1-5 minute charts for scalping -
that's my bread and butter. The indicator works decent on other
stuff like stocks or forex too, but I dial sensitivity up for
faster scalps during volatile sessions.
My typical trade setup:
1. Wait for a confirmed REVERSAL label (green for long, red for
short)
2. Check that it lines up with the EMA trend color (bullish candles
for longs, bearish for shorts)
3. If it's a "strong" signal where the reversal hits during a trend
flip, that's my green light
4. Quick check for nearby supply/demand zones to avoid fighting
them
5. Enter with a tight stop below/above the reversal line
6. Target 1:1 or 2:1 risk/reward, usually out in 5-10 minutes
The horizontal lines from each reversal give me logical stop
placement levels, and the supply/demand zones help identify
potential profit targets or areas to avoid.
SETTINGS & CUSTOMIZATION
Signal Modes:
- Confirmed Only = Most reliable, only shows locked-in signals
(recommended)
- Confirmed + Preview = Shows both confirmed and potential signals
- Preview Only = For testing/development
Sensitivity Presets:
Start with "Medium" and adjust based on your trading style:
- Scalping volatile sessions = "High" or "Very High"
- Day trading = "Medium"
- Swing trading = "Low" or "Very Low"
Display Options:
- Choose candle display type (Solid, Trend, Bars, Volume, None)
- Show/hide supply/demand zones
- Adjust zone box extension length
- Customize info table position and size
- Control maximum lines displayed
Alert System:
- Bullish/Bearish reversal alerts
- EMA trend change alerts
- Strong signal alerts (reversal + trend alignment)
- "Any reversal" catch-all alert
IMPORTANT - READ THIS FIRST
Don't rely on this indicator alone. Always pair it with your own
price action or volume confirmation, because no indicator is
perfect. Avoid cranking sensitivity too high in ranging markets or
you'll get whipped. Test on demo first, and remember it's
non-repainting so signals are final, but preview mode can tease
you into early entries if you're not patient.
Risk management is key - don't size up just because a signal looks
good. This indicator helps identify potential reversals, but YOU
still need to manage your trades, set proper stops, and control
position size based on your account risk tolerance.
WHAT MAKES THIS DIFFERENT
Unlike simple pivot indicators or manual support/resistance drawing:
- Adapts automatically to volatility changes (ATR-based)
- Never repaints - signals lock in place permanently
- Reversal detection works with trend context (EMAs)
- Supply/demand zones mark key structural levels
- One-click sensitivity adjustment via presets
- Works across multiple timeframes and instruments
The zigzag reversal algorithm adapts to volatility using ATR, while
the EMA system provides trend context so you're not trading
reversals blindly against the trend. The supply/demand zones help
identify key levels where price has reversed before. It's built
specifically for active traders who need reliable, non-repainting
signals.
BEST PRACTICES
✅ DO:
- Start with "Medium" sensitivity on demo account
- Wait for confirmed signals before entering
- Use horizontal lines for stop placement
- Check trend context (candle colors) before trading reversals
- Combine with volume analysis or price action
- Test different sensitivity settings for your instrument
❌ DON'T:
- Trade every signal blindly without context
- Use "Very High" sensitivity in choppy/ranging markets
- Ignore the trend direction (candle colors)
- Enter on preview labels (they can disappear)
- Skip proper risk management
- Overtrade just because signals appear
TECHNICAL SPECIFICATIONS
- Pine Script Version: v6
- Non-Repainting: Yes (confirmed signals only)
- Uses security(): No (no higher timeframe data)
- Uses non-standard chart types: No (all calculations on real OHLC)
- Alert Compatible: Yes (7 alert types)
- Calculations: Current timeframe only, no lookahead bias
DISCLAIMER
This indicator is for educational purposes only and does not
constitute financial advice. Trading futures, stocks, and forex
involves substantial risk of loss and is not suitable for all
investors. Past performance is not indicative of future results.
Always use proper risk management, never risk more than you can
afford to lose, and test thoroughly on demo accounts before live
trading.
═══════════════════════════════════════════════════════
© 2025 NPR21 - Reversal Detection Pro v3.0
Built by a trader, for traders
═══════════════════════════════════════════════════════
Reversal Detection v3.0 - Real-Time Pro (Non-Repainting)═══════════════════════════════════════════════════════
REVERSAL DETECTION PRO v3.0 - NON-REPAINTING
Adaptive Zigzag Reversal Detection for Scalpers & Day Traders
═══════════════════════════════════════════════════════
WHY I BUILT THIS
Most reversal indicators out there repaint like crazy, flipping signals after the fact and making you second-guess every trade. Plus they're too noisy in choppy markets or way too laggy in trends, so I kept missing entries or getting faked out. I wanted something solid that sticks to its guns without repainting and adapts to volatility without me tweaking it every 5 minutes.
This indicator solves those problems by using an adaptive zigzag algorithm that adjusts to market volatility automatically. Once a reversal signal appears, it's locked in place - no repainting, no disappearing signals. The ATR-based sensitivity system means it works across different market conditions without constant adjustment.
WHAT YOU'LL SEE ON YOUR CHART
When you add this indicator, here's what shows up:
- GREEN LABELS with "REVERSAL" and price level = Bullish reversal confirmed at swing low
- RED LABELS with "REVERSAL" and price level = Bearish reversal confirmed at swing high
- HORIZONTAL LINES extending from each reversal = Reference for stops and targets
- PREVIEW LABELS (lighter colors) = Potential reversals forming in real-time (optional)
- CANDLE COLORS: Green for bullish trends, red for bearish, purple for neutral
- PURPLE BOXES = Supply/demand zones marking reversal areas
- INFO TABLE (top corner) = Shows sensitivity, current ATR, threshold, and trend status
The indicator uses three EMAs (9/14/21 periods) to determine trend direction, which drives the candle coloring system. This helps you see whether you're in a bullish, bearish, or choppy market at a glance.
HOW IT WORKS
The core reversal detection uses a zigzag calculation that tracks price swings and identifies reversals when price moves by a dynamically calculated threshold. The reversal amount is determined by taking the maximum of three values:
1. Percentage-based threshold (adjusts to instrument price level)
2. Absolute price movement threshold (minimum move required)
3. ATR-based threshold (adapts to current volatility)
This multi-factor approach ensures the indicator works consistently across different assets and market conditions. The non-repainting mechanism uses confirmed bar data - once a pivot is detected at a swing high or low, the label and horizontal line are permanently locked at that exact wick price.
Five sensitivity presets automatically adjust the ATR multiplier:
- Very High (0.8x ATR) = More signals, captures small moves
- High (1.2x ATR) = Active trading
- Medium (2.0x ATR) = Balanced (default)
- Low (2.8x ATR) = Filters noise
- Very Low (3.5x ATR) = Only major reversals
Advanced users can select "Custom" to manually tune ATR multiplier, percentage threshold, and calculation method.
HOW I USE IT
I mainly trade /MNQ futures on 1-5 minute charts for scalping - that's my bread and butter. The indicator works decent on other stuff like stocks or forex too, but I dial sensitivity up for faster scalps during volatile sessions.
My typical trade setup:
1. Wait for a confirmed REVERSAL label (green for long, red for short)
2. Check that it lines up with the EMA trend color (bullish candles for longs, bearish for shorts)
3. If it's a "strong" signal where the reversal hits during a trend flip, that's my green light
4. Quick check for nearby supply/demand zones to avoid fighting them
5. Enter with a tight stop below/above the reversal line
6. Target 1:1 or 2:1 risk/reward, usually out in 5-10 minutes
The horizontal lines from each reversal give me logical stop placement levels, and the supply/demand zones help identify potential profit targets or areas to avoid.
SETTINGS & CUSTOMIZATION
Signal Modes:
- Confirmed Only = Most reliable, only shows locked-in signals (recommended)
- Confirmed + Preview = Shows both confirmed and potential signals
- Preview Only = For testing/development
Sensitivity Presets:
Start with "Medium" and adjust based on your trading style:
- Scalping volatile sessions = "High" or "Very High"
- Day trading = "Medium"
- Swing trading = "Low" or "Very Low"
Display Options:
- Choose candle display type (Solid, Trend, Bars, Volume, None)
- Show/hide supply/demand zones
- Adjust zone box extension length
- Customize info table position and size
- Control maximum lines displayed
Alert System:
- Bullish/Bearish reversal alerts
- EMA trend change alerts
- Strong signal alerts (reversal + trend alignment)
- "Any reversal" catch-all alert
IMPORTANT - READ THIS FIRST
Don't rely on this indicator alone. Always pair it with your own price action or volume confirmation, because no indicator is perfect. Avoid cranking sensitivity too high in ranging markets or you'll get whipped. Test on demo first, and remember it's non-repainting so signals are final, but preview mode can tease you into early entries if you're not patient.
Risk management is key - don't size up just because a signal looks good. This indicator helps identify potential reversals, but YOU still need to manage your trades, set proper stops, and control position size based on your account risk tolerance.
WHAT MAKES THIS DIFFERENT
Unlike simple pivot indicators or manual support/resistance drawing:
- Adapts automatically to volatility changes (ATR-based)
- Never repaints - signals lock in place permanently
- Reversal detection works with trend context (EMAs)
- Supply/demand zones mark key structural levels
- One-click sensitivity adjustment via presets
- Works across multiple timeframes and instruments
The zigzag reversal algorithm adapts to volatility using ATR, while the EMA system provides trend context so you're not trading reversals blindly against the trend. The supply/demand zones help identify key levels where price has reversed before. It's built specifically for active traders who need reliable, non-repainting signals.
BEST PRACTICES
✅ DO:
- Start with "Medium" sensitivity on demo account
- Wait for confirmed signals before entering
- Use horizontal lines for stop placement
- Check trend context (candle colors) before trading reversals
- Combine with volume analysis or price action
- Test different sensitivity settings for your instrument
❌ DON'T:
- Trade every signal blindly without context
- Use "Very High" sensitivity in choppy/ranging markets
- Ignore the trend direction (candle colors)
- Enter on preview labels (they can disappear)
- Skip proper risk management
- Overtrade just because signals appear
TECHNICAL SPECIFICATIONS
- Pine Script Version: v6
- Non-Repainting: Yes (confirmed signals only)
- Uses security(): No (no higher timeframe data)
- Uses non-standard chart types: No (all calculations on real OHLC)
- Alert Compatible: Yes (7 alert types)
- Calculations: Current timeframe only, no lookahead bias
DISCLAIMER
This indicator is for educational purposes only and does not constitute financial advice. Trading futures, stocks, and forex involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Always use proper risk management, never risk more than you can afford to lose, and test thoroughly on demo accounts before live trading.
═══════════════════════════════════════════════════════
© 2025 NPR21 - Reversal Detection Pro v3.0
Built by a trader, for traders
═══════════════════════════════════════════════════════
Reversal Detection v3.0 - Real-Time Pro (Non-Repainting)═══════════════════════════════════════════════════════
REVERSAL DETECTION PRO v3.0 - NON-REPAINTING
Adaptive Zigzag Reversal Detection for Scalpers & Day Traders
═══════════════════════════════════════════════════════
WHY I BUILT THIS
Most reversal indicators out there repaint like crazy, flipping signals after the fact and making you second-guess every trade. Plus they're too noisy in choppy markets or way too laggy in trends, so I kept missing entries or getting faked out. I wanted something solid that sticks to its guns without repainting and adapts to volatility without me tweaking it every 5 minutes.
This indicator solves those problems by using an adaptive zigzag algorithm that adjusts to market volatility automatically. Once a reversal signal appears, it's locked in place - no repainting, no disappearing signals. The ATR-based sensitivity system means it works across different market conditions without constant adjustment.
WHAT YOU'LL SEE ON YOUR CHART
When you add this indicator, here's what shows up:
- GREEN LABELS with "REVERSAL" and price level = Bullish reversal confirmed at swing low
- RED LABELS with "REVERSAL" and price level = Bearish reversal confirmed at swing high
- HORIZONTAL LINES extending from each reversal = Reference for stops and targets
- PREVIEW LABELS (lighter colors) = Potential reversals forming in real-time (optional)
- CANDLE COLORS: Green for bullish trends, red for bearish, purple for neutral
- PURPLE BOXES = Supply/demand zones marking reversal areas
- INFO TABLE (top corner) = Shows sensitivity, current ATR, threshold, and trend status
The indicator uses three EMAs (9/14/21 periods) to determine trend direction, which drives the candle coloring system. This helps you see whether you're in a bullish, bearish, or choppy market at a glance.
HOW IT WORKS
The core reversal detection uses a zigzag calculation that tracks price swings and identifies reversals when price moves by a dynamically calculated threshold. The reversal amount is determined by taking the maximum of three values:
1. Percentage-based threshold (adjusts to instrument price level)
2. Absolute price movement threshold (minimum move required)
3. ATR-based threshold (adapts to current volatility)
This multi-factor approach ensures the indicator works consistently across different assets and market conditions. The non-repainting mechanism uses confirmed bar data - once a pivot is detected at a swing high or low, the label and horizontal line are permanently locked at that exact wick price.
Five sensitivity presets automatically adjust the ATR multiplier:
- Very High (0.8x ATR) = More signals, captures small moves
- High (1.2x ATR) = Active trading
- Medium (2.0x ATR) = Balanced (default)
- Low (2.8x ATR) = Filters noise
- Very Low (3.5x ATR) = Only major reversals
Advanced users can select "Custom" to manually tune ATR multiplier, percentage threshold, and calculation method.
HOW I USE IT
I mainly trade /MNQ futures on 1-5 minute charts for scalping - that's my bread and butter. The indicator works decent on other stuff like stocks or forex too, but I dial sensitivity up for faster scalps during volatile sessions.
My typical trade setup:
1. Wait for a confirmed REVERSAL label (green for long, red for short)
2. Check that it lines up with the EMA trend color (bullish candles for longs, bearish for shorts)
3. If it's a "strong" signal where the reversal hits during a trend flip, that's my green light
4. Quick check for nearby supply/demand zones to avoid fighting them
5. Enter with a tight stop below/above the reversal line
6. Target 1:1 or 2:1 risk/reward, usually out in 5-10 minutes
The horizontal lines from each reversal give me logical stop placement levels, and the supply/demand zones help identify potential profit targets or areas to avoid.
SETTINGS & CUSTOMIZATION
Signal Modes:
- Confirmed Only = Most reliable, only shows locked-in signals (recommended)
- Confirmed + Preview = Shows both confirmed and potential signals
- Preview Only = For testing/development
Sensitivity Presets:
Start with "Medium" and adjust based on your trading style:
- Scalping volatile sessions = "High" or "Very High"
- Day trading = "Medium"
- Swing trading = "Low" or "Very Low"
Display Options:
- Choose candle display type (Solid, Trend, Bars, Volume, None)
- Show/hide supply/demand zones
- Adjust zone box extension length
- Customize info table position and size
- Control maximum lines displayed
Alert System:
- Bullish/Bearish reversal alerts
- EMA trend change alerts
- Strong signal alerts (reversal + trend alignment)
- "Any reversal" catch-all alert
IMPORTANT - READ THIS FIRST
Don't rely on this indicator alone. Always pair it with your own price action or volume confirmation, because no indicator is perfect. Avoid cranking sensitivity too high in ranging markets or you'll get whipped. Test on demo first, and remember it's non-repainting so signals are final, but preview mode can tease you into early entries if you're not patient.
Risk management is key - don't size up just because a signal looks good. This indicator helps identify potential reversals, but YOU still need to manage your trades, set proper stops, and control position size based on your account risk tolerance.
WHAT MAKES THIS DIFFERENT
Unlike simple pivot indicators or manual support/resistance drawing:
- Adapts automatically to volatility changes (ATR-based)
- Never repaints - signals lock in place permanently
- Reversal detection works with trend context (EMAs)
- Supply/demand zones mark key structural levels
- One-click sensitivity adjustment via presets
- Works across multiple timeframes and instruments
The zigzag reversal algorithm adapts to volatility using ATR, while the EMA system provides trend context so you're not trading reversals blindly against the trend. The supply/demand zones help identify key levels where price has reversed before. It's built specifically for active traders who need reliable, non-repainting signals.
BEST PRACTICES
✅ DO:
- Start with "Medium" sensitivity on demo account
- Wait for confirmed signals before entering
- Use horizontal lines for stop placement
- Check trend context (candle colors) before trading reversals
- Combine with volume analysis or price action
- Test different sensitivity settings for your instrument
❌ DON'T:
- Trade every signal blindly without context
- Use "Very High" sensitivity in choppy/ranging markets
- Ignore the trend direction (candle colors)
- Enter on preview labels (they can disappear)
- Skip proper risk management
- Overtrade just because signals appear
TECHNICAL SPECIFICATIONS
- Pine Script Version: v6
- Non-Repainting: Yes (confirmed signals only)
- Uses security(): No (no higher timeframe data)
- Uses non-standard chart types: No (all calculations on real OHLC)
- Alert Compatible: Yes (7 alert types)
- Calculations: Current timeframe only, no lookahead bias
DISCLAIMER
This indicator is for educational purposes only and does not constitute financial advice. Trading futures, stocks, and forex involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Always use proper risk management, never risk more than you can afford to lose, and test thoroughly on demo accounts before live trading.
═══════════════════════════════════════════════════════
© 2025 NPR21 - Reversal Detection Pro v3.0
Built by a trader, for traders
═══════════════════════════════════════════════════════
Weekly Regime Filter - Trend + Momentum + Structure (MTF)A multi-timeframe weekly regime indicator that classifies market conditions into BULL , BEAR , or CHOP using three components: trend, momentum, and market structure.
Works on any timeframe while always referencing weekly data — no repainting.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 WHAT IT DOES
Answers one question: What is the weekly regime?
• Trend — EMA hierarchy (Price > EMA Fast > EMA Slow)
• Momentum — DI+ vs DI- with optional ADX filter
• Structure — Break of Structure (BOS) and Change of Character (CHOCH)
BULL = All three bullish
BEAR = All three bearish
CHOP = Mixed signals
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚡ KEY FEATURES
• Multi-Timeframe (MTF) — View on 1H, 4H, Daily; regime stays consistent
• Auto-Detect Asset Type — Automatically applies optimized settings for Crypto, Stocks, Forex, Gold, Silver, Oil, Commodities
• BOS/CHOCH Labels — Visual market structure breaks on chart
• Live Status Panel — Shows regime, components, and active parameters
• Non-Repainting — Uses confirmed weekly closes only
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 ASSET PRESETS
• Crypto — EMA 50/200, ADX Off, Pivot 2
• Stocks/Indices — EMA 50/200, ADX >20, Pivot 3
• Forex — EMA 30/100, ADX >25, Pivot 2
• Gold — EMA 40/150, ADX >20, Pivot 3
• Silver — EMA 40/150, ADX >22, Pivot 3
• Oil — EMA 30/100, ADX >25, Pivot 2
• Commodities — EMA 40/120, ADX >20, Pivot 3
Select "Custom" to use your own values.
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📈 HOW TO USE
For Swing Trading:
• Set chart to Daily
• Use Auto-Detect or select preset
• Long only when BULL, short only when BEAR
• Reduce size or avoid when CHOP
Structure Signals:
• CHOCH ↑ after bear regime = Early reversal signal
• CHOCH ↓ after bull regime = Tighten stops
• BOS in regime direction = Trend continuation
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🔔 ALERTS
• Regime → BULL
• Regime → BEAR
• CHOCH → Bull
• CHOCH → Bear
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⚙️ SETTINGS
Preset: Auto-Detect, Crypto, Stocks, Forex, Gold, Silver, Oil, Commodities, Custom
Custom Settings (when Custom selected):
• EMA Fast/Slow lengths
• ADX Length & Threshold
• ADX Filter toggle
• Pivot Left/Right
Display:
• Plot Weekly EMAs
• Show BOS/CHOCH Labels
• Show Regime Background
• Background Opacity
• Show Status Label
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📝 NOTES
• Needs ~200 weeks of history for full calculation
• Weekly signals are slower by design — filters noise
• Not a standalone system — combine with entries and risk management
• When using presets, Custom input fields won't visually update (Pine limitation) — status label shows actual values
RADAR_V67_TESTThis V67 indicator is a comprehensive trend-following strategy designed to filter out market noise and identify high-probability entries in the cryptocurrency market.
The system is built on three major technical pillars:
Hull Moving Average (HMA): Provides superior reactivity to trend reversals compared to standard moving averages.
Supertrend: Acts as a primary trend filter to ensure we only trade in a confirmed bullish environment.
Volume Analysis (POC): The script identifies the Point of Control (POC) to ensure that buy signals occur above institutional congestion zones.
The buy signal (Screener_Signal = 1) is triggered only when the price crosses above the Hull MA while remaining above the Supertrend and the volume POC. This is a robust tool for both swing trading and day trading, focusing on momentum and institutional support.
Le Supertrend : Il sert de filtre de sécurité pour s'assurer que nous sommes dans une dynamique haussière confirmée.
L'analyse du Volume (POC) : Le script identifie le prix où le volume a été le plus important (Point of Control) pour s'assurer que l'achat se fait au-dessus des zones de congestion institutionnelles.
Le signal d'achat (Screener_Signal = 1) est déclenché uniquement lorsque le prix croise la Hull MA à la hausse, tout en restant au-dessus du Supertrend et du POC de volume. C'est un outil robuste pour le swing trading et le day trading.
Gold Inverse Correlation TrackerGold Inverse Correlation Tracker - Professional Multi-Asset Analysis
What This Indicator Does:
This indicator monitors the real-time correlation between Gold and five key financial assets that historically move inversely (opposite) to gold prices. It displays these relationships across three different timeframes simultaneously, giving you both short-term trading signals and long-term trend confirmation.
The indicator tracks:
US Dollar Index (DXY) - Historical correlation: -0.63
Real Interest Rates (TIPS) - Historical correlation: -0.82 (strongest inverse relationship)
10-Year Treasury Yield - Nominal interest rate proxy
S&P 500 (SPX) - Equity market sentiment (variable correlation)
VIX - Volatility index (optional, flight-to-safety indicator)
Why Inverse Correlations Matter for Gold Trading:
Understanding inverse correlations is critical for gold traders because:
Predictive Power - When assets move opposite to gold consistently, you can use their strength/weakness to predict gold's next move
Hedging Opportunities - Strong inverse correlations let you hedge gold positions by trading the inverse asset
Regime Detection - When correlations break down, it signals a market regime change or increased uncertainty
Confirmation Signals - Multiple strong inverse correlations validate your gold trade thesis
Risk Management - Knowing what moves against gold helps you understand your portfolio's true exposure
The Science Behind the Numbers:
Real interest rates have the strongest inverse correlation to gold (approximately -0.82) because:
Gold pays no yield or dividend
When real rates rise, the opportunity cost of holding gold increases
Investors shift to interest-bearing assets when they offer positive real returns
When real rates go negative, gold becomes relatively more attractive
The US Dollar shows strong inverse correlation (approximately -0.63) because:
Gold is priced in US dollars globally
A stronger dollar makes gold more expensive for foreign buyers, reducing demand
A weaker dollar makes gold cheaper internationally, increasing demand
Both compete as reserve assets and stores of value
Why the Indicator is Weighted This Way:
Three Timeframe Approach:
Short-term (20 periods) - Captures recent correlation shifts for day trading and swing trading
Medium-term (50 periods) - The primary signal - balances noise reduction with responsiveness
Long-term (100 periods) - Confirms structural correlation trends for position trading
Correlation Thresholds:
Strong Inverse (<-0.7) - Statistically significant inverse relationship; highest confidence for inverse trades
Moderate Inverse (<-0.3) - Meaningful inverse relationship; still useful but less reliable
Weak Inverse (<0.0) - Slight inverse tendency; correlation may be breaking down
Positive (>0.0) - Assets moving together; inverse relationship has failed
How to Use This Indicator:
For Inverse Trading Strategies:
When DXY shows RED correlation (<-0.7), consider shorting DXY when gold is strong
When Real Rates show RED correlation, rising rates = falling gold (and vice versa)
When multiple assets show strong inverse correlation, confidence is highest
For Regime Detection:
All RED = Classic gold market behavior; correlations intact
Mixed colors = Transitional market; be cautious
All GREEN/GRAY = Correlation breakdown; paradigm shift occurring
For Hedging:
Use assets with strong inverse correlation to hedge gold positions
When correlation weakens, reduce hedge size
When correlation strengthens, increase hedge effectiveness
Alert System:
The indicator includes built-in alerts for:
Individual assets crossing strong inverse threshold
Multiple assets simultaneously showing strong inverse correlation (highest probability setup)
Correlation breakdowns that may signal regime changes
Color Guide:
RED - Strong inverse correlation (<-0.7) - Best inverse trading opportunity
ORANGE - Moderate inverse (<-0.3) - Useful but less reliable
YELLOW - Weak inverse (<0.0) - Correlation weakening
GRAY - Weak positive (0.0 to 0.7) - Assets moving together
GREEN - Strong positive (>0.7) - Inverse relationship broken
Recommended Settings:
Day Trading (1H-4H charts):
Short: 14 periods
Medium: 30 periods
Long: 60 periods
Swing Trading (Daily charts):
Short: 20 periods (default)
Medium: 50 periods (default)
Long: 100 periods (default)
Position Trading (Weekly charts):
Short: 10 periods
Medium: 20 periods
Long: 50 periods
Pro Tips:
Watch for divergences - when gold moves but correlations don't confirm
Correlation breakdowns often precede major trend reversals
The Medium-term (50p) correlation is plotted on the chart as your primary reference
Use the Status column for quick assessment of each asset's relationship
Set alerts for "Multiple Strong Inverse" to catch highest-probability setups
Important Notes:
This indicator is designed for Gold charts only (XAUUSD, GLD, GC1!, etc.)
Correlations are not static - they change over time based on market conditions
A correlation of -0.82 means 82% of gold's price movements can be explained by real interest rates
Always combine with other technical analysis and fundamental factors
Past correlations do not guarantee future relationships
Based on Research:
The correlation coefficients used in this indicator are based on peer-reviewed research:
Erb & Harvey (1997-2012): Real rates to gold correlation of -0.82
World Gold Council (2024): US Dollar to gold correlation of -0.63
Multiple academic studies confirming gold's inverse relationship with opportunity cost assets
Use this indicator to trade smarter, hedge better, and understand the macro forces driving gold prices.
Apex Wallet - Lorentzian Classification: Adaptive Signal SuiteOverview The Apex Wallet Lorentzian Classification is a high-performance signal engine that utilizes an adaptive multi-feature approach to identify high-probability entry points. It synthesizes five distinct technical features—RSI, CCI, ADX, MFI, and ROC—to calculate a weighted trend bias.
Dynamic Adaptation The core strength of this indicator is its ability to automatically recalibrate its internal periods based on your selected Trading Mode.
Scalping: Uses ultra-fast periods (e.g., RSI 7, ADX 10) for quick reaction on 1m to 5m charts.
Day-Trading: Balanced settings (e.g., RSI 14, ADX 14) optimized for 15m to 1h timeframes.
Swing-Trading: Smooth, long-term filters (e.g., RSI 21, ADX 20) to capture major market shifts.
Logic & Signal Flow
Feature Extraction: The script calculates five momentum and volatility features using the current close price.
Signal Summation: Each feature contributes to a global signal score based on established technical thresholds.
EMA Smoothing: The raw signal is processed through an EMA filter to eliminate market noise and false breakouts.
Execution: Clear BUY and SELL labels are printed directly on the chart when the smoothed score crosses specific conviction levels.
Key Features:
Zero-Configuration: No need to manually adjust lengths; simply pick your trading style.
Clean Visuals: High-fidelity labels (BUY/SELL) with integrated alert conditions for automation.
Prop-Firm Ready: Ideal for traders needing fast confirmation for high-conviction trades.
Price Action Patterns + Style Filter by danyPrice Action Patterns + Style Filter by dany
✅ Purpose
This indicator is designed to identify high-probability price action patterns and trend structure across different trading styles.
It displays clear labels attached directly to candles, allowing traders to:
Detect reversal patterns
Confirm pullbacks within strong trends
Avoid false signals from indecision candles
Trade using a structured style (Scalping, Intraday, Swing)
🔥 Key Features
1️⃣ Multi-Style Trading Structure
The indicator supports three trading styles:
Style Structure Timeframe Description
Scalping 5m / 15m structure Uses higher timeframe structure to confirm trend while trading 1m
Intraday 1H / 2H / 4H structure Best for day traders who trade in short swings
Swing Daily / Weekly / Monthly structure Best for longer-term swing trading
This helps the indicator understand trend direction and avoid trading against market structure.
🧠 How Trend is Detected
The indicator determines the trend using higher timeframe structure:
🔺 Uptrend
When the higher timeframe shows:
Higher Highs
Higher Lows
🔻 Downtrend
When the higher timeframe shows:
Lower Highs
Lower Lows
➖ Flat
If neither condition is true.
🕯️ Candlestick Patterns Detected
This indicator identifies the following patterns:
✅ 1. Dragonfly Doji
📌 Bullish Reversal Pattern
A candle with:
Long lower wick
Small body at top
Minimal upper wick
📌 Meaning: Buyers step in after sellers push price down.
❌ 2. Gravestone Doji
📌 Bearish Reversal Pattern
A candle with:
Long upper wick
Small body at bottom
Minimal lower wick
📌 Meaning: Sellers take control after buyers push price up.
🔥 3. Morning Star
📌 Bullish 3-candle reversal pattern
Sequence:
Big red candle
Small indecision candle (Doji)
Big green candle
📌 Meaning: Buyers overpower sellers.
🔥 4. Evening Star
📌 Bearish 3-candle reversal pattern
Sequence:
Big green candle
Small indecision candle (Doji)
Big red candle
📌 Meaning: Sellers overpower buyers.
🔁 5. Harami (Mother & Baby)
📌 Reversal pattern
A large candle followed by a smaller candle contained within its range.
Bullish Harami: Red candle followed by small green candle
Bearish Harami: Green candle followed by small red candle
🔁 6. Tweezers
📌 Double top / double bottom pattern
Tweezer Top: Green candle followed by equal-sized red candle
Tweezer Bottom: Red candle followed by equal-sized green candle
🧠 Psychology-Based Filtering
This indicator filters signals using price psychology:
🚫 Ignored Signals
It ignores standard indecision dojis because they often lead to false signals in sideways markets.
🔁 Pullback Confirmation
During strong trends, the indicator does not signal reversal unless a pullback happens.
✅ Bullish pullback entry
Uptrend structure
Price pulls back below EMA(50)
Dragonfly Doji or Tweezer Bottom appears
✅ Bearish pullback entry
Downtrend structure
Price pulls back above EMA(50)
Gravestone Doji appears
MTF Dual Supertrend with Bands and PivotSUPERTREND WITH UPPER AND LOWER BANDS + PIVOT POINTS + MULTI-TIMEFRAME - INDICATOR DESCRIPTION
OVERVIEW:
This Pine Script indicator combines the SuperTrend technical analysis tool with visible upper and lower bands, standard daily pivot points, AND a second SuperTrend from a different timeframe. SuperTrend is a trend-following indicator that helps traders identify the current market direction and potential entry/exit points, while pivot points provide key support and resistance levels. The multi-timeframe feature allows you to see trends from different time perspectives simultaneously.
HOW IT WORKS:
The indicator uses the Average True Range (ATR) to calculate dynamic support and resistance bands around the price:
1. BASIC BANDS CALCULATION:
- Upper Band = HL2 + (ATR × Multiplier)
- Lower Band = HL2 - (ATR × Multiplier)
- HL2 = (High + Low) / 2
2. FINAL BANDS ADJUSTMENT:
- Bands are adjusted based on price movement to create a trailing stop mechanism
- Upper band only moves down or stays flat when price is above it
- Lower band only moves up or stays flat when price is below it
3. SUPERTREND LINE:
- Switches between upper and lower bands based on price crossovers
- When price is above the SuperTrend line = UPTREND (green)
- When price is below the SuperTrend line = DOWNTREND (red)
4. STANDARD PIVOT POINTS:
- Calculated based on previous day's High, Low, and Close
- Pivot Point (PP) = (High + Low + Close) / 3
- Resistance levels: R1, R2, R3 (calculated above PP)
- Support levels: S1, S2, S3 (calculated below PP)
- These levels act as potential support/resistance zones
5. SECOND SUPERTREND (MULTI-TIMEFRAME):
- Displays a second SuperTrend from a different timeframe (default: 60 minutes/1 hour)
- Customizable timeframe - choose from 1min, 5min, 15min, 30min, 60min, 240min, Daily, Weekly, etc.
- Independent ATR period and multiplier settings
- Shows its own upper and lower bands (purple color)
- Color-coded SuperTrend line (lime for uptrend, orange for downtrend)
- Helps identify alignment between different timeframes
- Can be enabled/disabled via settings
- Bands can be toggled separately
KEY FEATURES:
✓ Visual upper and lower bands showing the ATR-based zones (blue)
✓ Color-coded SuperTrend line (green for uptrend, red for downtrend)
✓ Second SuperTrend from custom timeframe with its own bands (purple)
✓ Second SuperTrend line (lime/orange colors)
✓ Buy/Sell signals when trend changes
✓ Optional signals for second SuperTrend (small triangles)
✓ Daily Pivot Points with 3 resistance and 3 support levels
✓ Customizable ATR period and multiplier for both SuperTrends
✓ Background color indication of current trend
✓ Built-in alerts for both SuperTrend trend changes
✓ Toggle options for all bands, signals, pivot lines, and second SuperTrend
DEFAULT PARAMETERS:
- ATR Period: 10
- ATR Multiplier: 3.0
- Second SuperTrend: Enabled
- Second SuperTrend Timeframe: 60 minutes (1 hour)
- Second SuperTrend ATR Period: 10
- Second SuperTrend ATR Multiplier: 3.0
USAGE:
- Lower multiplier (1.5-2.5) = More sensitive, more signals, more noise
- Higher multiplier (3.5-5.0) = Less sensitive, fewer signals, filters noise
- Use pivot points as additional confirmation for entries/exits
- When price approaches R1/R2/R3, expect potential resistance
- When price approaches S1/S2/S3, expect potential support
- MULTI-TIMEFRAME STRATEGY: Best signals occur when both SuperTrends align
* Both green (uptrend) = Strong bullish confirmation
* Both red (downtrend) = Strong bearish confirmation
* Conflicting trends = Caution, potential consolidation or reversal
- Combine SuperTrend signals with pivot levels for high-probability trades
- Best suited for trending markets
TRADING SIGNALS:
- BUY: When price closes above the upper band (trend changes from down to up)
* Extra confirmation if near a support level (S1, S2, S3)
* STRONGEST SIGNAL: When both SuperTrends are green AND price is above PP
- SELL: When price closes below the lower band (trend changes from up to down)
* Extra confirmation if near a resistance level (R1, R2, R3)
* STRONGEST SIGNAL: When both SuperTrends are red AND price is below PP
MULTI-TIMEFRAME EXAMPLES:
- Chart timeframe: 5min, Second SuperTrend: 1 hour
* Enter long when 5min shows buy signal AND 1hr is already in uptrend
* This filters out counter-trend trades
- Chart timeframe: 15min, Second SuperTrend: 4 hour
* Higher timeframe provides overall trend direction
* Lower timeframe provides precise entry timing
- Recommended combinations:
* Scalping: 1min chart + 15min second ST
* Day trading: 5min chart + 1hr second ST
* Swing trading: 1hr chart + Daily second ST
PIVOT POINT STRATEGY:
- PP (Pivot Point) = Main level, acts as support in uptrend, resistance in downtrend
- Price above PP = Bullish bias, look for longs near S1/S2
- Price below PP = Bearish bias, look for shorts near R1/R2
- Breakout of R3 or S3 indicates strong momentum
Note: This indicator is based on the classic SuperTrend algorithm and should be used as part of a comprehensive trading strategy, not as a standalone signal.
Apex Wallet - Ultimate Trend Meter: 9-in-1 Multi-Layer Momentum Overview The Apex Wallet Trend Meter is an advanced decision-making dashboard designed to provide a comprehensive view of market conditions without cluttering your main price chart. It synthesizes complex data from 9 different technical sources into a clean, horizontal visual grid, allowing traders to spot confluence at a single glance.
The Power of Confluence Instead of switching between multiple oscillators, this tool monitors:
Triple EMA Structure: Tracks Short, Medium, and Long-term trend directions.
Momentum Suite: Real-time status of RSI, Stochastic, and StochRSI.
Advanced Analyzers: Includes MACD (Line/Signal), TDI (Traders Dynamic Index), and the Andean Oscillator for trend exhaustion and volatility states.
Smart Delta Net: A sophisticated Volume Delta engine that filters market noise through customizable modes (Buy/Sell, Neutral, or Automatic).
Key Features:
Adaptive Trading Presets: One-click selection for Scalping, Day-Trading, or Swing-Trading. The script automatically recalibrates all 9 indicator periods to fit your timeframe.
Market Bias Filtering: Indicators are color-coded based on their alignment with the global market trend. Signals only turn Bullish or Bearish when they align with the master trend EMA.
Dynamic Delta Grid: Displays scaled net volume values directly inside the grid for precise institutional flow tracking.
Fully Customizable UI: Toggle any layer on/off and adjust the layout density to match your workspace.
How to use: Look for "Vertical Confluence." When multiple layers turn the same color simultaneously, it indicates a high-probability momentum shift.
ICT Flow Matrix [Ultimate]📊 Overview
ICT Flow Matrix is a comprehensive, all-in-one Smart Money Concepts (SMC) indicator built for traders who follow ICT (Inner Circle Trader) methodology. This indicator consolidates over 15 institutional trading concepts into a single, highly customizable tool—eliminating chart clutter from multiple indicators while providing deep market structure analysis.
Whether you're identifying liquidity pools, tracking order flow, or timing entries during ICT Macro windows, this indicator delivers institutional-grade analysis directly on your chart.
Pro Tip: use with ICT Market Regime Detector for clear language reads on everything.
⚡ Key Features
🎯 Price Delivery Arrays (PDAs)
Fair Value Gaps (FVG) — Automatic detection with customizable mitigation tracking (Wick Touch, 50% CE, Full Close)
Inverse FVGs (iFVG) — Identifies when FVGs fail and flip, creating new tradeable zones
Order Blocks (OB) — Last opposing candle before impulsive moves with adjustable impulse strength
Breaker Blocks (BB) — Automatically generated when Order Blocks fail
Rejection Blocks (RB) — Strong wick rejections indicating institutional defense
Volume Imbalances (VIMB) — Gaps between candle bodies showing aggressive institutional activity
📐 Market Structure & Liquidity
Market Structure Shifts (MSS) — Real-time detection of bullish/bearish structure breaks
Equal Highs/Lows (EQH/EQL) — Liquidity pools where stop losses accumulate
Buy-Side/Sell-Side Liquidity (BSL/SSL) — Swing point liquidity levels with sweep detection
Premium/Discount Zones — Visual shading showing institutional buying/selling areas
OTE Zone (61.8%-79%) — Optimal Trade Entry zone for high-probability entries
⏰ Time-Based Analysis
ICT Macro Times — All nine 30-minute algorithmic windows (02:45, 03:45, 04:45, 09:45, 10:45, 13:45, 14:45, 15:15, 15:45 NY Time)
Killzone Sessions — Asia, London, NY AM, NY PM with customizable times
Session Opens — Weekly, Monthly, Daily opening prices
Previous Period H/L — PDH/PDL, PWH/PWL, PMH/PML levels
📏 Dealing Ranges
Multi-Timeframe Ranges — 21-Day, 3-Day, Daily dealing ranges
Session Ranges — Asia, London, NY dealing ranges with equilibrium
Fibonacci Structure — 0%, 50% (EQ), 100% levels with P/D shading
🕯️ HTF Orderflow
Higher Timeframe Candles — Display up to 6 HTF candles with auto-timeframe selection
Candle Timer — Countdown to next HTF candle close
O/H/L Reference Lines — Current HTF open, high, low levels extended on chart
🎨 Visual Customization
5 Theme Presets — Dark Pro, Light Clean, Neon, Classic, Custom
Full Color Control — Customize every element individually
Zone Styles — Filled or Border Only options
Mitigation Effects — Visual fade when zones are mitigated
📋 Smart Dashboard
Real-Time Status — Structure bias, zone position, active session, OTE status
Confluence Score — Algorithmic scoring when multiple concepts align
Zone Counters — Active FVG, OB, BB, RB, VIMB, liquidity levels
3 Display Modes — Minimal, Compact, Detailed
🔔 Comprehensive Alert System
40+ Alert Conditions including:
FVG/OB/BB/RB/VIMB formation
Liquidity sweeps (EQH, EQL, BSL, SSL)
Market Structure Shifts
OTE zone entry
Macro time windows
Session opens
High confluence zones
Combo alerts (Macro + Confluence)
📖 How To Use
For Swing/Position Traders:
Enable HTF Orderflow to identify dominant trend direction
Use Dealing Ranges (3D, 21D) to find premium/discount zones
Look for OB/FVG confluence in discount (longs) or premium (shorts)
Confirm with MSS for trend alignment
For Day/Intraday Traders:
Mark the Asian Range during pre-market
Wait for London or NY AM Killzone
Enter during ICT Macro windows when price reaches FVG/OB in OTE zone
Target opposite liquidity (BSL for longs, SSL for shorts)
Confluence Trading:
Dashboard shows real-time confluence score
Score ≥ 3 indicates multiple ICT concepts aligned
Higher scores = higher probability setups
⚙️ Recommended Settings
Trading Style FVG Max OB Max History Bars HTF Candles
Scalping 3-5 2-3 100-200 3-4 Day Trading 5-8 3-5 200-400 4-5
Swing Trading 8-12 5-8 400-800 5-6
🎯 Best Practices
✅ Do:
Use HTF bias before taking LTF entries
Wait for Macro time windows for highest probability
Combine MSS + FVG/OB + OTE for A+ setups
Let mitigated zones fade (use Mitigation Fade setting)
❌ Avoid:
Trading against HTF structure
Entries outside Killzones (lower probability)
Ignoring liquidity targets
Over-cluttering chart (disable unused features)
📝 Version History
v6.0 (Current)
Complete rewrite in PineScript v6
Added ICT Macro Times with bracket/background styles
Enhanced confluence detection algorithm
Improved HTF candle rendering with multiple styles
Added Inverse FVG detection
Session-based Dealing Ranges
Performance optimizations
40+ alert conditions
⚠️ Disclaimer
This indicator is a technical analysis tool designed to visualize ICT/SMC concepts. It does not provide financial advice or guarantee profitable trades. Past performance is not indicative of future results. Always use proper risk management and trade responsibly.
💬 Support & Feedback
If you find this indicator valuable, please leave a comment or boost! Your feedback helps improve future updates.
Questions? Drop a comment below—I actively respond to all questions about the indicator's features and usage.
