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[Top] Simple ATR TP/SLSimple TP/SL from ATR (Locked per Bar) - Advanced Position Management Tool What This Indicator Does: Automatically calculates and displays Take Profit (TP) and Stop Loss (SL) levels based on Average True Range (ATR) Locks ATR values and direction signals at the start of each bar to prevent repainting and provide consistent levels Offers multiple direction detection modes including real-time candle-based positioning for dynamic trading approaches Displays entry, TP, and SL levels as clean horizontal lines that extend from the current bar Original Features That Make This Script Unique: Bar-Locked ATR System: ATR values are captured and frozen at bar open, ensuring levels remain stable throughout the bar's progression Multi-Modal Direction Detection: Four distinct modes for determining TP/SL positioning - Trend Following (EMA-based), Bullish Only, Bearish Only, and real-time Candle Based Real-Time Candle Flipping: In Candle Based mode, TP/SL levels flip immediately when the current candle changes from bullish to bearish or vice versa Persistent Line Management: Uses efficient line object management to prevent ghost lines and maintain clean visual presentation Flexible Base Price Selection: Choose between Open (static), Close (dynamic), or midpoint (H+L)/2 for entry level calculation How The Algorithm Works: ATR Calculation: Captures ATR value at each bar open using specified length parameter, maintaining consistency throughout the bar Direction Determination: Uses different methods based on selected mode - EMA crossover for trend following, or real-time candle color for dynamic positioning Level Calculation: TP level = Base Price + (Direction × TP Multiplier × ATR), SL level = Base Price - (Direction × SL Multiplier × ATR) Visual Management: Creates persistent line objects once, then updates their positions every bar for optimal performance Direction Modes Explained: Trend Following: Uses 5-period and 12-period EMA relationship to determine trend direction (locked at bar open) Bullish Only: Always places TP above and SL below entry (traditional long setup) Bearish Only: Always places TP below and SL above entry (traditional short setup) Candle Based: Dynamically adjusts based on current candle direction - flips in real-time as candle develops Key Input Parameters: ATR Length: Period for ATR calculation (default 14) - longer periods provide smoother volatility measurement TP Multiplier: Take profit distance as multiple of ATR (default 1.0) - higher values target larger profits SL Multiplier: Stop loss distance as multiple of ATR (default 1.0) - higher values allow more room for price movement Base Price: Reference point for level calculations - Open for static entry, Close for dynamic tracking Direction Mode: Method for determining whether TP goes above or below entry level How To Use This Indicator: For Position Sizing: Use the displayed SL distance to calculate appropriate position size based on your risk tolerance For Entry Timing: Wait for price to approach the entry level before taking positions For Risk Management: Set your actual stop loss orders at or near the displayed SL level For Profit Taking: Use the TP level as initial profit target, consider scaling out at this level Mode Selection: Choose Candle Based for scalping and quick reversals, Trend Following for swing trading Visual Style Customization: Line Colors: Customize TP line color (default teal) and SL line color (default orange) for easy identification Line Widths: Adjust TP/SL line thickness (1-5) and entry line thickness (1-3) for visibility preferences Clean Display: Lines extend 3 bars forward from current bar and update position dynamically Best Practices: Use on clean charts without multiple overlapping indicators for clearest visual interpretation Combine with volume analysis and key support/resistance levels for enhanced decision making Adjust ATR length based on your trading timeframe - shorter for scalping, longer for position trading Test different TP/SL multipliers based on the volatility characteristics of your chosen instruments Consider using Trend Following mode during strong trending periods and Candle Based during ranging markets
Pine Script® Indikator
von LHAMA-Trading
[Top] LHAMA Consolidation DetectorIntroducing the Low-High Adaptive Moving Average (LHAMA 🦙), a powerful tool designed to help traders visually distinguish between trending and consolidating market phases. Unlike traditional moving averages that can produce false signals in choppy markets, the LHAMA is engineered to flatten out during periods of consolidation and become more responsive when a clear trend emerges. This indicator's primary function is to act as a "Consolidation Detector." When the LHAMA line goes flat and adopts its "Flat Color," it serves as a clear visual cue that the market is range-bound. Conversely, when the line begins to slope and changes to its Bullish or Bearish color, it signals a potential breakout or the start of a new trend. How It Works The LHAMA is a type of adaptive moving average. Its adaptiveness is derived from a unique calculation that measures market "trendiness." It does this by tracking whether new highs or new lows are being made within a specified lookback period. In a Trending Market: When the price consistently makes new highs or lows, the indicator's responsiveness increases, causing the LHAMA to track the price much more closely and responsively. In a Consolidating Market: When the price is range-bound and fails to make new highs or lows, the responsiveness decreases significantly. This causes the LHAMA to flatten out and become less sensitive to minor price fluctuations, effectively filtering out market noise. Key Features Adaptive Calculation: The core engine of the indicator, which automatically adjusts its smoothing based on trend strength. Slope-Based Coloring: The line's color dynamically changes based on its slope, providing an at-a-glance view of market conditions: bullish, bearish, or flat. Multi-Line & Multi-Timeframe (MTF): You can enable up to six fully customizable LHAMA lines. Each line can be configured with its own length, colors, and can even be set to a different timeframe, allowing for comprehensive multi-timeframe analysis on a single chart. Volatility Clouds: Each LHAMA can display an optional cloud around it. The cloud's width is based on your choice of either the Average True Range (ATR) or Standard Deviation (StdDev), offering a visual representation of volatility. Volume Weighting: An option to incorporate volume into the adaptive calculation, making the LHAMA even more responsive during high-volume price movements. How to Use Identify Consolidation: The primary use case. A flat and consistently colored LHAMA line is a strong indication of a sideways or consolidating market. This can help traders avoid taking trend-following trades in choppy conditions. Confirm Trends: When the LHAMA begins to slope upwards or downwards and changes to its trend color, it can be used to confirm the direction and strength of a new trend. The steeper the slope, the stronger the momentum, and more solid the directional color. Dynamic Support & Resistance: Like other moving averages, the LHAMA can act as a dynamic level of support in an uptrend or resistance in a downtrend. The optional cloud can further define these zones. Multi-MA Ribbon Strategy: By enabling multiple LHAMAs with different lengths (e.g., Fibonacci sequence like 14, 21, 34, 55), you can create a ribbon. The expansion of the ribbon indicates a strong trend, while its contraction signals a weakening trend or consolidation. Settings Explained Enable 🦙 Line: A simple checkbox to turn each of the six LHAMA lines on or off. Length: The lookback period for the LHAMA calculation. Shorter lengths are more responsive, while longer lengths are smoother. Timeframe: Set a specific timeframe for each LHAMA. Leave blank to use the chart's current timeframe. Volume Weight: If checked, adds volume weighting to make the LHAMA more responsive to high-volume moves. Colors (Bullish, Bearish, Flat): Customize the colors for each market state. To only see the line during consolidation, set the Bullish and Bearish colors to 100% transparency. To hide the line during consolidation, set the Flat color to 100% transparency. Color Sensitivity: This is a crucial setting. Because price scales (tick sizes) vary widely between symbols, this setting allows you to adjust the sensitivity of the slope detection. A lower value requires a steeper slope to trigger a trend color, while a higher value is more sensitive. Recommended settings are provided in the input tooltip as a starting point: $5 Tick: 0.25 Sensitivity $1 Tick: 0.75 Sensitivity $0.25 Tick: 3 Sensitivity $0.01 Tick: 50 Sensitivity $0.005 Tick: 100 Sensitivity Cloud Settings: Show Cloud: Toggles the visibility of the volatility cloud around the LHAMA. Width Based On: Choose between "ATR" or "StdDev" to calculate the cloud's width. Cloud Length & Width: Set the lookback period and multiplier for the ATR/StdDev calculation to control the size of the cloud.
Pine Script® Indikator
von LHAMA-Trading
Top - Bottom Using MAThis script is used decide weather stock is overbought or oversold in given length/days from the settings. using close difference from ohlc4 moving average ratio. Settings Available 1) moving average length 2) Highest / Lowest ratio length 3) Difference Between Highest and Lowest Line this script plot/display 4 lines 1) highest difference from moving averages in provided length. 2) lowest difference from moving averages in provided length. 3) ratio of moving average and ohlc4 4) linear regression moving averages of ratio of moving average and ohlc4 How to use this script 1) when ratio line is touch 2 days to highest ratio line means we are consider stock is in overbought levels or linear regression moving average above highest ratio line means overbought. 2) when ratio lines cross below its linear regression moving average then we consider final exit or book profit. 3) when linear regression moving average below lowest ratio line means stock is in oversold. 4) when linear regression moving average below lowest ratio line and linear regression line start rising after fall it means there is change in trend. 5) when linear regression moving average cross above lowest ratio line it means trend is changed and linear regression line turns green.
Pine Script® Indikator
von jadeja_rajdeep
10
TOP 4 STABLECOIN MARKET CAPIn the cryptocurrency market, there is a challenge: understanding the flow of stablecoins during market growth and downturns. It's difficult to grasp whether the market surge is due to a shift in funds from BTC or an influx of USD. Detecting the fluctuation in market capitalization of stablecoins helps investors gain a clearer perspective of market volatility. Usage: When there are fluctuations in the market capitalization, it is essential to combine observations of this indicator with other technical indicators.
Pine Script® Indikator
von Springtimestn
2
ADR in 0.5 / 1 / 3 / 5top of the morning! This indicator is a tiny bit different then the previous one i published. As per my little study into the ATR, i have decided to remove it out of my indicator and instead put in a half an ADR in dollar vallue. For me, i can use this value to check at what level i would like my stop. The next evolvement of this indicator might be a total new one since i'd be one for a lower timeframe with the 0.5 and 0.3 adr down from current high otd. Hope you enjoy it, Peace
Pine Script® Indikator
von superbeeki
Enhanced ATR SupertrendEnhanced ATR Supertrend - Mathematically Sound Trend Following Indicator OVERVIEW This is a premium version of the classic Supertrend indicator, built with mathematical rigor and enhanced features for serious traders. Unlike basic implementations, this version offers proper band trailing logic, adaptive volatility modes, and multiple ATR calculation methods. HOW IT WORKS The Enhanced ATR Supertrend calculates dynamic support and resistance bands based on the Average True Range (ATR). The core principle is simple but powerful: ATR Calculation: Measures market volatility using true range (the greatest of: high-low, high-previous close, or low-previous close) Band Construction: Creates upper and lower bands by adding/subtracting ATR × Multiplier from the HL2 (high+low average) Trailing Logic: Upper band can ONLY move down or stay flat (never up) during downtrends Lower band can ONLY move up or stay flat (never down) during uptrends This prevents premature trend reversals and whipsaws Trend Determination: BULLISH when price closes above the upper band BEARISH when price closes below the lower band Line colour changes reflect current trend state WHY IT'S BETTER Proper Mathematics: Correct band trailing prevents the "flickering" seen in poorly coded versions Adaptive Volatility: Optional mode adjusts multiplier based on current vs average volatility - tightens in chaos, widens in calm markets Multiple ATR Methods: Choose between RMA (default), SMA, EMA, or WMA smoothing Clean Visual Design: Professional presentation with optional dashboard showing real-time metrics OSCILLATOR MODE - SPOTTING DOUBLE TOPS/BOTTOMS When used as an oscillator in the lower pane (remove overlay), the Supertrend's trend changes can reveal powerful reversal patterns: Double Bottoms: When the indicator flips bullish twice at similar price levels, it often signals strong support and potential reversal zones Double Tops: When the indicator flips bearish twice at similar levels, it identifies resistance and potential breakdown zones The step-like visualization makes these patterns easier to spot than traditional price action
Pine Script® Indikator
von dannydholmes1
BTC Pair Trading Scalper The BTC Pair Trading Scalper is a comprehensive technical analysis indicator specifically designed for scalping Bitcoin on 15-minute timeframes. This indicator combines pair trading strategies with multiple technical indicators to identify high-probability entry and exit points for short-term trades. ═══════════════════════════════════════════════════════════════════════════ KEY FEATURES ✓ PAIR TRADING ANALYSIS - Compares your BTC chart against a reference pair (default: BTCUSDT) - Calculates real-time spread percentage between pairs - Uses Z-Score statistical analysis for mean reversion opportunities - Identifies divergence and correlation breakdowns ✓ MULTI-INDICATOR CONFLUENCE - Fast EMA (9) and Slow EMA (21) for trend direction - SMA (50) for overall trend confirmation - RSI (14) with customizable overbought/oversold levels - MACD for momentum analysis - Bollinger Bands for volatility and price extremes - ATR for volatility measurement ✓ VOLUME CONFIRMATION - Volume moving average analysis - Volume spike detection to validate signals - Filters out false signals in low-volume conditions ✓ ADJUSTABLE SIGNAL SENSITIVITY - HIGH: More frequent signals for active scalping (suitable for experienced traders) - MEDIUM: Balanced approach with confirmed signals (recommended for most traders) - LOW: Conservative signals with multiple confirmations (suitable for risk-averse traders) ✓ REAL-TIME DASHBOARD Displays at-a-glance information: - Current RSI level with color coding - MACD trend direction - Spread percentage between pairs - Z-Score for mean reversion - Volume status (High/Normal) - Overall trend direction (UP/DOWN/NEUTRAL) - Current ATR value for stop-loss sizing ✓ COMPREHENSIVE ALERT SYSTEM - Buy signal alerts - Sell signal alerts - Spread threshold breach alerts - Oversold condition alerts - Overbought condition alerts ═══════════════════════════════════════════════════════════════════════════ HOW IT WORKS SIGNAL GENERATION LOGIC BUY SIGNALS are generated when: - Fast EMA crosses above Slow EMA (bullish crossover) - Price is in an uptrend (above 50 SMA) - RSI shows bullish momentum - MACD confirms upward momentum - Volume spike confirms the move - Sensitivity settings are met SELL SIGNALS are generated when: - Fast EMA crosses below Slow EMA (bearish crossover) - Price is in a downtrend (below 50 SMA) - RSI shows bearish momentum - MACD confirms downward momentum - Volume spike confirms the move - Sensitivity settings are met PAIR TRADING COMPONENT The indicator monitors the spread between your chart and the pair symbol. When the spread deviates significantly (measured by Z-Score), it signals potential mean reversion opportunities: - Z-Score < -1.5: Pairs have diverged, potential buy opportunity - Z-Score > 1.5: Pairs have diverged, potential sell opportunity ═══════════════════════════════════════════════════════════════════════════ VISUAL ELEMENTS ON-CHART DISPLAY: - Blue line: Fast EMA (9) - Short-term trend - Orange line: Slow EMA (21) - Medium-term trend - Purple line: Trend SMA (50) - Long-term trend filter - Gray bands: Bollinger Bands showing volatility - Green "BUY" labels: Long entry signals - Red "SELL" labels: Short entry signals - Background tint: Green (uptrend) / Red (downtrend) DASHBOARD (Top-Right): Color-coded metrics for quick decision making: - Red: Overbought/Warning conditions - Green: Oversold/Bullish conditions - Yellow: Neutral/Elevated conditions - White: Normal conditions ═══════════════════════════════════════════════════════════════════════════ RECOMMENDED SETTINGS BY TRADING STYLE AGGRESSIVE SCALPING (High Frequency) - Signal Sensitivity: HIGH - Timeframe: 15 minutes - Expected trades: 5-10 per day - Risk level: Higher - Skill level: Advanced BALANCED SCALPING (Recommended) - Signal Sensitivity: MEDIUM - Timeframe: 15 minutes - Expected trades: 3-5 per day - Risk level: Moderate - Skill level: Intermediate CONSERVATIVE SCALPING (Quality over Quantity) - Signal Sensitivity: LOW - Timeframe: 15 minutes - Expected trades: 1-3 per day - Risk level: Lower - Skill level: Beginner to Intermediate ═══════════════════════════════════════════════════════════════════════════ BEST PRACTICES FOR SCALPING 1. RISK MANAGEMENT - Use ATR value from dashboard to set stop-losses (1.5-2x ATR) - Risk no more than 1-2% per trade - Use proper position sizing 2. ENTRY STRATEGY - Wait for volume spike confirmation - Ensure trend alignment (dashboard shows clear UP/DOWN) - Look for RSI confirmation (not in extreme zones for trend trades) - Check Z-Score for pair divergence opportunities 3. EXIT STRATEGY - Take profits at opposite signal or predetermined targets - Use trailing stops to protect profits - Exit if volume dries up or trend reverses - Monitor spread returning to mean 4. MARKET CONDITIONS - Works best in trending or ranging markets - Less effective during major news events - Avoid trading during extremely low volume periods - Most active during major market sessions (NY, London, Asia) 5. PAIR SELECTION - Use highly correlated BTC pairs (BTCUSDT, BTCUSD, BTCBUSD) - Ensure both pairs have sufficient liquidity - Monitor spread threshold to avoid excessive divergence ═══════════════════════════════════════════════════════════════════════════ CUSTOMIZATION OPTIONS You can adjust all parameters to match your trading style: PAIR TRADING - Pair Symbol: Choose your reference BTC pair - Spread Threshold: Set alert level for spread divergence - Show Spread: Toggle spread display on/off MOVING AVERAGES - Fast EMA: Adjust for faster/slower signals - Slow EMA: Adjust for trend confirmation - Trend SMA: Change long-term trend filter RSI - RSI Length: Modify sensitivity - Overbought/Oversold levels: Set your thresholds MACD - Fast/Slow/Signal lengths: Fine-tune momentum detection BOLLINGER BANDS - Length: Change volatility period - Multiplier: Adjust band width VOLUME - Volume MA Length: Modify average period - Volume Threshold: Set spike sensitivity ═══════════════════════════════════════════════════════════════════════════ ALERT SETUP To receive notifications: 1. Click the "Alerts" button in TradingView 2. Select "BTC Pair Trading Scalper" 3. Choose alert type: Buy Signal, Sell Signal, Spread Alert, etc. 4. Set notification method (email, SMS, app notification) 5. Click "Create" ═══════════════════════════════════════════════════════════════════════════ IMPORTANT DISCLAIMERS ⚠ This indicator is a TOOL, not a trading system ⚠ No indicator is 100% accurate - always use proper risk management ⚠ Past performance does not guarantee future results ⚠ Scalping requires quick decision-making and emotional discipline ⚠ Always backtest and paper trade before using real capital ⚠ Consider transaction costs and slippage in your strategy ⚠ This is not financial advice - trade at your own risk
Pine Script® Indikator
von sikatori
Over Night Hold Scanner Born InvestorOver Night Hold (ONH) Scanner - Daily Timeframe Identifies high-probability overnight hold candidates based on Trader Stewie's methodology. Scans for explosive volume (2x+ average), strong closes in top 15% of range, and momentum context—regardless of your current chart timeframe. Key Features: Always reads from Daily chart data Customizable data table (resizable, repositionable) Volume ratio and close strength scoring Price & liquidity filters ($3+ min, 1M+ volume) Trend confirmation or reversal detection
Pine Script® Indikator
von irishborninvestor
3
Gold/Silver Ratio with Supply ZonesGold/Silver Ratio with Supply Zones Overview Professional-grade indicator that tracks the Gold/Silver Ratio in real-time Identifies potential market imbalances and rotation opportunities between precious metals Features customizable threshold bands, moving averages, and automated trading signals Built on Pine Script v6 for maximum stability and performance Key Features Real-Time Ratio Calculation : Automatically calculates Gold/Silver ratio using OANDA:XAUUSD and OANDA:XAGUSD price feeds Dynamic Threshold Zones : Visual bands showing when silver or gold may be undervalued relative to each other Moving Average Overlay : 20-period SMA to identify trend direction and momentum Automated Buy Signals : Triangle markers appear when ratio reaches extreme levels Live Information Table : Displays current ratio, moving average, individual metal prices, and market interpretation Custom Alerts : Set notifications when ratio crosses your defined thresholds Color-Coded Zones : Green zones indicate gold undervaluation, red zones indicate silver undervaluation Trading Applications Mean Reversion Strategy : Enter silver positions when ratio exceeds 90, enter gold when ratio falls below 70 Rotation Trading : Switch between metals based on relative value signals Portfolio Rebalancing : Identify optimal times to adjust precious metals allocation Divergence Analysis : Compare ratio behavior against individual metal price action Default Settings High Threshold : 90.0 (Silver undervalued zone) Low Threshold : 70.0 (Gold undervalued zone) Moving Average : 20-period SMA Historical Reference : 80:1 ratio marked as long-term mean How to Interpret Ratio Above 90 : Silver is undervalued relative to gold - consider increasing silver exposure Ratio Below 70 : Gold is undervalued relative to silver - consider increasing gold exposure Ratio Between 70-90 : Neutral range - no clear relative value advantage Rising Ratio : Gold outperforming silver Falling Ratio : Silver outperforming gold Signal Logic Green Triangle (Bottom) : Ratio crosses above high threshold → Buy Silver Signal Red Triangle (Top) : Ratio crosses below low threshold → Buy Gold Signal MA Crossovers : Use 20-period MA for trend confirmation and entry timing Visual Elements Blue Line : Current gold/silver ratio value Orange Line : 20-period moving average smoothing Red Shaded Zone : Area where gold is relatively expensive Green Shaded Zone : Area where gold is relatively cheap Gray Dotted Line : Historical mean at 80:1 Info Table : Real-time statistics and market interpretation Best Practices Use on daily timeframe or higher for most reliable signals Combine with volume analysis and individual metal technicals Monitor Federal Reserve policy and USD strength as macro context Consider industrial demand factors for silver (solar, EV, electronics) Watch safe-haven flows during economic uncertainty for gold Customization Options Adjust threshold levels based on your preferred lookback period Modify moving average length to suit your trading timeframe Toggle bands on/off for cleaner chart visualization Change data source tickers if using different brokers (FXCM, FOREXCOM, etc.) Alert Conditions Silver Undervalued Alert : Triggers when ratio crosses above your high threshold Gold Undervalued Alert : Triggers when ratio crosses below your low threshold Receive notifications via TradingView mobile app , email , or webhook Who This Is For Precious metals traders seeking relative value opportunities Portfolio managers balancing gold and silver allocations Macro traders using metals as inflation hedges Swing traders capitalizing on mean reversion patterns Long-term investors optimizing entry points Important Notes This indicator tracks price ratios , not physical supply data COMEX warehouse stocks are not directly available in TradingView Ratio analysis assumes historical mean reversion tendencies Always combine with fundamental analysis and risk management Past performance does not guarantee future results Data Sources Gold Price : OANDA:XAUUSD (spot gold in US dollars) Silver Price : OANDA:XAGUSD (spot silver in US dollars) Update Frequency : Real-time during market hours Historical Data : Full TradingView historical coverage available
Pine Script® Indikator
von bigcitytom
Wyckoff Schematic by Kingshuk GhoshThe "Wyckoff Schematic" is a Pine Script indicator that automatically detects and visualizes Wyckoff Method accumulation and distribution patterns in real-time. This professional tool helps traders identify smart money movements, phase transitions, and critical market structure points. Key Features- 1. Wyckoff Pattern Detection Auto-detection of all Wyckoff phases (A through E) Accumulation patterns: SC, AR, Spring, SOS, LPS Distribution patterns: BC, UTAD, LPSY Real-time phase identification with color-coded visualization 2. Multi-Timeframe Analysis- Main chart analysis with customizable lookback period 1M Wave View showing monthly perspective in a compact overlay Daily data integration for current month analysis Swing point detection with trend lines 3. Advanced Visualization- Phase boxes with semi-transparent overlays Critical event labels with anti-clutter spacing Horizontal support/resistance lines (dynamic) Zigzag trend lines for price structure Comprehensive table showing current status and key events 4. Customizable Parameters- Adjustable lookback period (20-300 bars) Configurable volume spike multiplier Customizable display options (labels, boxes, lines) Adjustable zigzag sensitivity Configurable wave view height and swing legs Display Settings: Event labels, phase boxes, support/resistance lines Visual Settings: Label size, transparency, offset percentage Zigzag Settings: High/low length Wave View Settings: Toggle, height percentage, swing legs Color Scheme: Phase A: Red Phase B: Teal Phase C: Blue Phase D: Green Phase E: Yellow Bullish: Green Bearish: Red Alert System: Critical event alerts: SC, AR, Spring, SOS, LPS, BC, UTAD, LPSY Phase transition alerts: Markup phase entry ,Customizable alert conditions How to Use- For Beginners: Apply the indicator to any chart Enable "Auto-Detect Wyckoff Patterns" Look for colored phase boxes (A-E) Watch for critical event labels (SC, AR, Spring, etc.) Check the table in top-right corner for current status For Advanced Users: Adjust lookback period based on trading timeframe Modify volume multiplier for sensitivity Customize display to reduce clutter Use wave view for higher timeframe context Set alerts for specific Wyckoff events Unique Selling Points: Comprehensive Detection: Covers all Wyckoff phases and critical events Clean Visualization: Anti-overlap labeling, organized display Multi-Timeframe: Combines current chart with monthly perspective Educational: Helps learn Wyckoff methodology through visualization Professional: Suitable for both retail and institutional analysis Performance Notes: Uses dynamic requests for multi-timeframe data Includes max object limits to prevent performance issues Efficient calculation methods for real-time analysis Intended Users: Price action traders Wyckoff method practitioners Market structure analysts Swing traders and position traders Educational purposes for learning market manipulation patterns Works best on 4H,Daily,Weekly & Monthly Time frame Suitable for all markets (stocks, forex, crypto, futures) Support: The indicator includes comprehensive tooltips and visual cues to help users understand each Wyckoff event and phase. The table provides quick reference to current market conditions and detected patterns. This indicator transforms complex Wyckoff methodology into actionable visual signals, making institutional accumulation/distribution patterns accessible to all traders. Disclaimer: This indicator is for educational purposes only. Always practice proper risk management and combine with your own analysis before making trading decisions. Happy trading.
Pine Script® Indikator
von kingshukghosh71
Smart Adaptive Double Patterns [The_lurker]Smart Adaptive Double Patterns This is an advanced technical indicator that combines two of the strongest and most renowned classical price reversal patterns: ✅ Double Bottom Pattern — a bullish reversal pattern that forms after a downtrend ✅ Double Top Pattern — a bearish reversal pattern that forms after an uptrend The indicator does not merely detect patterns — it provides a fully integrated, intelligent system that includes: ✅ Precise quality scoring for each pattern using 5 technical criteria ✅ Automatic price target calculation at three levels (Conservative, Balanced, Aggressive) ✅ Multi-layer dynamic filtering to avoid false signals ✅ Live pattern tracking from formation to target achievement or failure ✅ Comprehensive alert system covering all possible trading scenarios 🎯 Why Is This Indicator Unique? 1️⃣ High Detection Accuracy Unlike traditional indicators that rely on simple rules, this one applies 5 strict structural conditions to confirm pattern validity: A clear trend must precede the pattern High symmetry between the two bottoms or two tops No break of critical price levels during formation Logical spacing between key points Technical confirmation from ADX, ATR, and Volume 2️⃣ Advanced Quality Scoring System Each pattern is scored out of 100 based on 5 weighted criteria: Symmetry (30%): How closely the two bottoms or tops match Trend Strength (20%): Strength of the prior trend Volume Behavior (20%): Trading activity at critical points Pattern Depth (15%): Vertical distance between neckline and bottom/top Structural Integrity (15%): Full compliance with structural rules 3️⃣ Smart Target Management Separate targets for bullish (Double Bottom) and bearish (Double Top) patterns Separate projections for success and failure cases Multiple options: Conservative (0.618) / Balanced (1.0) / Aggressive (1.618) Live tracking with dynamic moving lines 4️⃣ Professional Failure Handling Failed patterns are not ignored — they are turned into counter-trend opportunities: Failed Double Bottom → triggers a bearish signal with downside targets Failed Double Top → triggers a bullish signal with upside targets Automatic color change for clear visual distinction 5️⃣ Full Customization Flexibility Enable/disable each pattern independently 22+ adjustable settings Unique colors for each pattern and quality level Full bilingual support (Arabic / English) 📐 Pattern Details 🟦 Double Bottom Pattern Sequence of points: 🔹 Point 1: Peak marking the start of a strong downtrend 🔹 Point 2 (Bottom 1): First low — first key bounce 🔹 Point 3: Intermediate high — forms the neckline (resistance) 🔹 Point 4 (Bottom 2): Second low — should closely match Bottom 1 🔹 Point 5: Breakout point — pattern confirmation Mandatory Conditions: ✅ Clear downtrend before Point 2 ✅ Bottoms 2 & 4 nearly identical (≤1.5% difference by default) ✅ Point 3 higher than both bottoms ✅ Neither bottom is broken during formation ✅ Sufficient time between points (≥10 candles by default) ✅ Success Scenario → Price breaks above the neckline (Point 3) → Point 5 is plotted at breakout candle → Dashed vertical line drawn from Point 5 to target → Horizontal dashed line tracks price toward target → Dashboard shows: Pattern Type | Quality | Rating | Target | Status → When target hits: line turns green + ✅ appears 🎯 Target Calculation Pattern Height = Point 3 − Point 4 • Conservative: Point 3 + (Height × 0.618 × Quality Factor) • Balanced: Point 3 + (Height × 1.0 × Quality Factor) • Aggressive: Point 3 + (Height × 1.618 × Quality Factor) ❌ Failure Scenario → Price breaks below both Bottom 1 or Bottom 2 before neckline breakout Visual Changes: All lines turn red Red ✖ appears at breakdown candle Neckline stops expanding Red dashed vertical line from breakdown point to bearish target Red horizontal tracking line follows price Dashboard updates to: ⚠ Failed Bottom – Bearish → Shows new bearish target → Indicates target mode for failure case → Status: Bearish Reversal → Fully red display 🟥 Double Top Pattern Sequence of points: 🔹 Point 1: Trough marking the start of a strong uptrend 🔹 Point 2 (Top 1): First peak — first key resistance 🔹 Point 3: Intermediate low — forms the neckline (support) 🔹 Point 4 (Top 2): Second peak — should closely match Top 1 🔹 Point 5: Breakdown point — pattern confirmation Mandatory Conditions: ✅ Clear uptrend before Point 2 ✅ Tops 2 & 4 nearly identical (≤1.5% difference by default) ✅ Point 3 lower than both tops ✅ Neither top is breached during formation ✅ Sufficient time between points (≥10 candles by default) ✅ Success Scenario → Price breaks below the neckline (Point 3) → Point 5 is plotted at breakdown candle → Dashed vertical line drawn to target → Horizontal tracking line moves with price → Dashboard updates accordingly → Green line + ✅ on hit 🎯 Target Calculation Pattern Height = Point 4 − Point 3 • Conservative: Point 3 − (Height × 0.618 × Quality Factor) • Balanced: Point 3 − (Height × 1.0 × Quality Factor) • Aggressive: Point 3 − (Height × 1.618 × Quality Factor) ❌ Failure Scenario → Price breaks above either Top 1 or Top 2 before neckline breakdown Visual Changes: All lines turn cyan (light blue) Cyan ✖ appears at breakout candle Neckline stops expanding Cyan dashed vertical line to bullish target Cyan horizontal tracking line follows price Dashboard updates to: ⚠ Failed Top – Bullish → Shows new bullish target → Indicates target mode for failure case → Status: Bullish Reversal → Fully cyan display 🎯 Upside Target (after Double Top failure) Max Top = max(Point 2, Point 4) Height = Max Top − Point 3 • Conservative: Max Top + (Height × 0.618) • Balanced: Max Top + (Height × 1.0) • Aggressive: Max Top + (Height × 1.618) 📊 Quality Scoring System (0–100) 1️⃣ Symmetry (30%) Measures price match between the two bottoms or two tops. High score (25–30): Near-perfect symmetry → very strong pattern Medium (15–24): Good match → reliable signal Low (5–14): Weak symmetry → use caution Zero: No symmetry → invalid pattern 2️⃣ Trend Strength (20%) Uses ADX and DI indicators. 20 pts: Strong trend confirmed (e.g., ADX ≥ 20 + correct DI alignment) 10 pts: Trend filter disabled 6 pts: Weak or sideways trend 3️⃣ Volume Behavior (20%) Declining volume on second touch is a positive sign (shows exhaustion). 15–20 pts: Clear volume drop → strong signal 10 pts: Neutral volume 6 pts: Rising volume → higher risk of continuation 4️⃣ Pattern Depth (15%) Deeper patterns = stronger reversals. 12–15 pts: Deep → high reversal power 8–11 pts: Medium → acceptable <8 pts: Shallow → weak signal 5️⃣ Structural Integrity (15%) Checks logical structure (e.g., Point 1 > Point 3 in Double Bottom). 12–15 pts: Ideal structure 8–11 pts: Minor flaws <8 pts: Poor setup 📈 Final Quality Rating & Colors • 85–100 → ⭐ Excellent  → Double Bottom: Cyan #00BCD4  → Double Top: Light Red #FF5252 • 75–84 → ✨ Very Good • 65–74 → ✓ Good • 60–64 → ○ Acceptable  → All use Amber #FFC107 • <60 → ❌ Rejected (not shown)  → Gray #9E9E9E 🔧 Dynamic Filters 1️⃣ ATR Filter (Volatility Check) Rejects patterns in abnormally high volatility periods. → If current ATR > 1.8 × 50-period ATR MA → pattern rejected ✅ Recommended for crypto, small caps ❌ Optional for calm markets (gold, bonds) 2️⃣ ADX Filter (Trend Confirmation) Ensures a real trend exists before the pattern. → If ADX < 14 (70% of default 20) → pattern rejected ✅ Strongly recommended (keep ON) 3️⃣ Volume Filter (Behavior Validation) Not used to reject patterns, but strongly affects quality score. ✅ Best for liquid markets (Forex majors, large stocks) ❌ Optional for illiquid assets ⚙️ Key Settings Explained 🔘 General Settings • Language: Arabic / English • Show Previous Patterns: Yes / No  → “No” keeps chart clean; “Yes” for historical review 🔘 Pattern Selection • Enable Double Bottom: ✅ / ❌ • Enable Double Top: ✅ / ❌ → Use combinations:  ✅✅ → Full reversal scanning  ✅❌ → Long setups only  ❌✅ → Short setups only  ❌❌ → Indicator OFF 🔘 Detection Parameters • Pivots Left (1–20): Higher = more reliable, fewer patterns • Pivots Right (1–20): Lower = faster signals • Min Width (5–100): Min candles between Bottom/Top 1 & 2 • Tolerance % (0.1%–5%): Max allowed price difference • Min Arm (5–50): Min candles between pivot & neckline • Min Trend (5–50): Min candles in prior trend • Trend Lookback (50–500): How far back to detect trend start • Extension Multiplier (1.0–5.0): How long to wait for breakout 🔘 Quality Settings • Min Quality Score (0–100):  → Conservative: 75–85  → Balanced: 60–70  → Flexible: 50–55 • Custom Weights: Adjust based on market (e.g., increase Volume weight in Forex) 🔘 Target Settings • Bottom Bullish Target: Conservative / Balanced / Aggressive • Bottom Bearish Target: (used on failure) • Top Bearish Target: Conservative / Balanced / Aggressive • Top Bullish Target: (used on failure) 🔘 Visual Settings • Label Size: Small / Normal / Large / Huge • Pattern Colors: Fully customizable • Table: Show/Hide + Size (Small/Normal/Large) + Position (Top-Right / Top-Left / Bottom-Right / Bottom-Left) • Fill Transparency: 70%–95% (default: 85%) 🔔 Alert System (8 Independent Alerts) 📌 Double Bottom Alerts Bullish Breakout → “Double Bottom Breakout – Bullish!” Bullish Target Hit → “Bullish Target Achieved!” Failure (Bearish) → “Double Bottom Failed – Bearish!” Bearish Target Hit → “Bearish Target Achieved (Failure)!” 📌 Double Top Alerts Bearish Breakdown → “Double Top Breakdown – Bearish!” Bearish Target Hit → “Bearish Target Achieved!” Failure (Bullish) → “Double Top Failed – Bullish!” Bullish Target Hit → “Bullish Target Achieved (Failure)!” Each alert can be enabled/disabled independently and supports pop-ups, emails, or webhooks. ⚠️ Disclaimer: This indicator is for educational and analytical purposes only. It does not constitute financial, investment, or trading advice. Use it in conjunction with your own strategy and risk management. Neither TradingView nor the developer is liable for any financial decisions or losses.
Pine Script® Indikator
von The_lurker
5
Chart Patterns [ActiveQuants]The Chart Patterns indicator is a comprehensive tool designed to automatically identify a variety of common chart patterns directly on your price chart. By detecting sequences of pivot highs and lows , this indicator helps traders spot potential trend continuations , reversals , and key market structures such as Double Tops and Double Bottoms . Enhance your technical analysis by quickly recognizing these formations as they emerge. How It Works The indicator operates in a two-stage process: Pivot Point Detection: It first identifies significant swing highs and swing lows (pivot points) based on a user-defined Period . These pivots form the fundamental building blocks for pattern recognition. Pattern Recognition: Using the sequence of these detected pivot points, the script then applies logical rules to identify the following patterns: Lower Low (LL) Lower Low & Lower High (LL & LH) Higher High (HH) Higher High & Higher Low (HH & HL) Double Tops Double Bottoms Patterns are drawn on the chart with connecting lines and labeled for easy identification. Double Tops and Double Bottoms also feature a status system: " Active " while forming, " Confirmed " upon neckline breakout, or " Invalid " if specific conditions negate the pattern before confirmation. █ KEY FEATURES Comprehensive Pattern Detection: Identifies six distinct types of chart patterns, offering insights into both trend continuation and potential reversals. Pivot-Based Analysis: Uses a robust method of identifying pivot highs and lows as the foundation for pattern formation. Pattern Status for Double Tops/Bottoms: - Active: A Double Top or Double Bottom pattern has formed its two peaks/troughs and the intervening neckline point, but the price has not yet broken beyond the neckline. The pattern is developing . - Confirmed: The price has decisively closed beyond the neckline (below for Double Top, above for Double Bottom), signaling a potential entry or validation of the pattern. - Invalid: An " Active " Double Top or Double Bottom pattern can be invalidated if, before a neckline breakout occurs, a new pivot point forms that negates the pattern’s structural integrity. For example, if a new pivot low forms above or at the neckline of an Active Double Top, the pattern is considered invalid because the market failed to break down and instead showed relative strength. Customizable Visuals: Allows users to define colors for bullish and bearish patterns, line widths, and the visibility of pivot points. Selective Pattern Display: Users can choose to display all patterns or filter by status (Active, Confirmed, Invalid) for Double Tops/Bottoms. Individual pattern types can also be toggled on or off. Historical Analysis Control: The Show Last History (Bars) input allows users to specify how far back the indicator should plot patterns, optimizing performance and chart readability. Clear Labeling: Patterns are clearly labeled on the chart, with Double Tops/Bottoms also showing " Top 1 ," " Top 2 ," or " Bottom 1 ," " Bottom 2 " labels. █ PATTERNS DETECTED Lower Low (LL): Indicates a potential bearish continuation or the start of a downtrend. Forms when price makes a lower low during an uptrend. Lower Low & Lower High (LL & LH): A stronger confirmation of a bearish trend, where the market forms a lower low followed by a lower high . Higher High (HH): Signals a potential bullish continuation or the start of an uptrend. Forms when price makes a higher high during a downtrend. Higher High & Higher Low (HH & HL): A stronger confirmation of a bullish trend, where the market forms a higher high followed by a higher low . Double Top: A bearish reversal pattern characterized by two distinct peaks at roughly the same price level, separated by a trough (neckline). Confirmation occurs when price breaks below the neckline. Double Bottom: A bullish reversal pattern featuring two distinct troughs at roughly the same price level, separated by a peak (neckline). Confirmation occurs when price breaks above the neckline. █ EXAMPLE: DOUBLE TOP INVALIDATION Understanding how a Double Top or Double Bottom can be invalidated is crucial. Here's an example for a Double Top: Formation: The indicator identifies two peaks (Top 1, Top 2) at a similar price level, with a corrective trough (Neckline Pivot P5) in between. The pattern is labeled " Double Top " and is in an " Active " state. ( Imagine points P4 and P6 are the two tops, and P5 is the low point of the neckline between them ). Pre-Breakout Condition: The price action continues, but before it breaks decisively below the P5 neckline level, a new significant swing low (a new pivot low) forms. Invalidation Check: The indicator checks the price level of this new pivot low. If this new pivot low occurs at a price equal to or higher than the P5 neckline level, the " Active " Double Top pattern is re-labeled as " Invalid Double Top ". ( See image below for a visual representation of this scenario ) In this example, the Double Top formed with Top 1 (P4) and Top 2 (P6). The neckline is at P5. Before price broke below P5, a new pivot low formed at the red circle. Since this new pivot low is above the P5 neckline, the Double Top is marked " Invalid ". The logic is that the market failed to break the neckline support and instead established a higher low (or a low at the support level), suggesting that the immediate bearish pressure has waned, thus invalidating the bearish reversal implication of the Double Top before it could confirm. A similar logic applies to Double Bottoms (a new pivot high forming below or at the neckline before an upside breakout). █ USER INPUTS Visibility and Common Styling - Show Last History (Bars): Specifies the number of recent bars the indicator will analyze and plot patterns on. Default: 3000 bars. Min: 10. - Patterns: Filters which patterns are displayed based on their status. Options: All, Active, Confirmed, Invalid. Default: All. - Pattern Line Width: Sets the thickness of the lines used to draw the patterns. Default: 1. Min: 1, Max: 10. - Bearish Color: Color for bearish patterns (LL, LL & LH, Double Tops). Default: Red. - Bullish Color: Color for bullish patterns (HH, HH & HL, Double Bottoms). Default: Green. Pivot Points - Period: The lookback period on either side of a bar to qualify it as a pivot high or low. Higher values detect more significant pivots. Default: 10 bars. Min: 2. - Show Pivot Highs: Toggles the visibility of detected pivot high markers. Default: Enabled. - Show Pivot Lows: Toggles the visibility of detected pivot low markers. Default: Enabled. - Pivot Highs Color: Color for the pivot high markers. Default: #ff5252 (Reddish). - Pivot Lows Color: Color for the pivot low markers. Default: #089981 (Greenish). Patterns (Toggles) - Lower Low: Enable/disable detection and display of Lower Low patterns. Default: Enabled. - Lower Low & Lower High: Enable/disable detection and display of Lower Low & Lower High patterns. Default: Enabled. - Higher High: Enable/disable detection and display of Higher High patterns. Default: Enabled. - Higher High & Higher Low: Enable/disable detection and display of Higher High & Higher Low patterns. Default: Enabled. - Double Tops: Enable/disable detection and display of Double Top patterns. Default: Enabled. - Double Bottoms: Enable/disable detection and display of Double Bottom patterns. Default: Enabled. █ CONCLUSION The Chart Patterns indicator is a versatile and powerful assistant for traders who utilize classical chart pattern analysis. By automating the detection of key formations and providing clear visual cues along with status updates for patterns like Double Tops and Bottoms, it allows traders to focus on strategy development and execution. With its customizable settings, it can be adapted to various instruments and timeframes, making it a valuable addition to any technical trader's toolkit. █ IMPORTANT NOTES ⚠ Pivot Period Sensitivity: The Period setting for pivot detection is crucial. A shorter period will identify more frequent, smaller swings, while a longer period will focus on more significant turning points. Adjust this setting based on the asset's volatility, the timeframe you are trading and your trading style. ⚠ Confirmation is Key: While the indicator identifies patterns, always wait for pattern confirmation (e.g., neckline breaks for Double Tops/Bottoms) and consider other factors like volume and market context before making trading decisions. ⚠ Confirmed Bars for Detection: Patterns are identified based on confirmed pivot points, which means a pivot is recognized period bars after it has formed. Status updates for Double Tops/Bottoms (Active, Confirmed, Invalid) also occur on confirmed bars. This approach enhances reliability and reduces the likelihood of repainting based on intra-bar price fluctuations. ⚠ Not a Standalone System: Chart patterns provide valuable insights, but they should be used in conjunction with other technical analysis tools (e.g., trendlines, moving averages, oscillators) and a sound risk management plan. ⚠ Lagging Nature: By their very definition, chart patterns are lagging indicators as they require a sequence of price action and several pivot points to complete their formation. █ RISK DISCLAIMER Trading involves a substantial risk of loss and is not suitable for every investor. The information provided by the Chart Patterns indicator is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any security. Chart patterns indicate potential price movements but do not guarantee future results. Always perform your own due diligence and consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.   📈 Happy trading! 🚀
Pine Script® Indikator
von ActiveQuants
4
ZS Game Changer Pump & Dump DetectorZS GAME CHANGER PUMP AND DUMP DETECTOR - TOP 2 MOMENTUM TRACKER Created by Zakaria Safri An intelligent indicator specifically designed to identify and highlight the two most significant pump and dump candles within your selected lookback period. Perfect for traders who want to focus on the game-changing moves that truly matter in volatile markets like cryptocurrency, stocks, and forex. CORE FEATURES AUTOMATIC GAME CHANGER DETECTION The indicator continuously scans your specified lookback period and automatically identifies the top 2 strongest pump candles and top 2 strongest dump candles. These game-changing candles are highlighted with distinctive gold labels and horizontal reference lines, making them instantly visible on your chart. Unlike other indicators that show every small move, this focuses exclusively on the market-moving moments that define trends and create opportunities. INTELLIGENT PUMP AND DUMP CLASSIFICATION Uses advanced percentage-based calculations to classify candles as pumps when price surges significantly upward and dumps when price plunges sharply downward. The detection system accounts for candle body size, wick proportions, and volume confirmation to ensure only legitimate momentum moves trigger signals. Customizable thresholds allow adaptation to any market volatility profile from calm stocks to wild altcoins. ADVANCED WICK EXCLUSION FILTER Eliminates false signals caused by candles with large wicks and small bodies. This filter focuses analysis exclusively on candles with substantial body sizes that indicate genuine directional conviction rather than temporary spikes followed by rejection. The body to candle ratio is fully adjustable to match your preferred signal quality standards. VOLUME CONFIRMATION SYSTEM Optional volume filter ensures detected pumps and dumps are backed by real market participation. The indicator compares current volume against a moving average and only triggers signals when volume exceeds your specified multiplier threshold. This eliminates low-volume noise and focuses on moves supported by institutional or crowd participation. RALLY SEQUENCE DETECTION Identifies and highlights consecutive sequences of pump or dump candles with colored background overlays. Green background indicates sustained buying pressure across multiple candles while red background shows sustained selling pressure. The rally detection system includes an optional one-miss allowance that prevents the sequence from breaking due to a single neutral candle. HORIZONTAL REFERENCE LINES Draws dashed lines from each game changer candle extending to the current bar, providing constant visual reference to the most significant support and resistance levels created by extreme momentum. The top game changer gets a thick dashed line while the second gets a dotted line for easy differentiation. Labels on the right side display the exact percentage move. COMPREHENSIVE STATISTICS DASHBOARD Real-time information panel showing current market status as pumping, dumping, or neutral along with the current candle percentage change. Displays the exact percentage values for top pump number 1, top pump number 2, top dump number 1, and top dump number 2. Shows running totals of all pumps and dumps detected since chart load. Tracks consecutive candle counts during active rally sequences. TESTING AND VERIFICATION MODE Built-in debug mode displays percentage change directly on each qualifying pump and dump candle, allowing instant verification that calculations are accurate. Shows which filters are currently active with a simple code in the dashboard. Helps traders understand exactly why certain candles qualified as game changers. HOW THE GAME CHANGER DETECTION WORKS SCANNING ALGORITHM Every bar close, the indicator scans backward through your specified lookback period examining every candle's percentage change from its previous close. For bullish moves, it identifies the two candles with the largest positive percentage change that meet your threshold requirements. For bearish moves, it identifies the two candles with the largest negative percentage change meeting threshold requirements. RANKING SYSTEM Candles are ranked purely by their percentage move magnitude. The number 1 game changer is always the single strongest move in the lookback period. The number 2 game changer is the second strongest move. Rankings update dynamically as new candles form and old candles exit the lookback window. VISUAL IDENTIFICATION Game changer number 1 for both pumps and dumps receives a large gold label reading GAME CHANGER NUMBER 1 with zero transparency for maximum visibility. Game changer number 2 receives a slightly smaller gold label with partial transparency. The candle bars themselves are colored in gold instead of the standard green or red. Horizontal lines extend from the game changer price level to current bar. FILTER APPLICATION Only candles that pass your configured filters qualify for game changer consideration. If wick exclusion is enabled, candles with large wicks and small bodies are ignored. If volume confirmation is enabled, only candles with above-average volume qualify. This ensures game changers represent legitimate market moves rather than aberrations. PRACTICAL APPLICATIONS FOR CRYPTOCURRENCY TRADERS Crypto markets experience extreme volatility with occasional massive pump and dump candles that define entire trends. This indicator instantly identifies which candles represent true market structure shifts versus normal noise. Use the game changer levels as key support and resistance for entries, exits, and stop placement. The top pump often marks the local high to watch for breakouts while the top dump marks the local low for reversal trades. FOR DAY TRADERS Intraday charts contain hundreds of candles but only a few truly matter for the session outcome. Game changer detection filters out 98 percent of candles to show you the 2 percent that drove the actual price movement. Enter trades on the side of the strongest recent game changer. Use game changer levels as magnet prices where algorithmic trading often returns. FOR SWING TRADERS On daily and four-hour timeframes, game changers represent major institutional activity or news-driven moves. The top dump often marks capitulation selling that creates reversal opportunities. The top pump often marks FOMO buying that creates resistance levels. Swing traders can build positions knowing these levels will be defended or tested multiple times. FOR VOLATILITY ANALYSIS Understanding which candles created the most volatility helps assess market risk. Multiple game changers clustered together indicate unstable choppy conditions. Game changers separated by many neutral candles indicate trending stable conditions. Use this context to adjust position sizing and stop distances appropriately. FOR SUPPORT AND RESISTANCE TRADING Game changer candles create the strongest support and resistance levels because they represent prices where massive volume transacted in short time periods. These levels have higher probability of holding on retest compared to arbitrary moving averages or pivot points. Trade bounces off game changer levels or breakouts through them. RECOMMENDED SETTINGS BY MARKET CRYPTOCURRENCY 15-MINUTE TO 1-HOUR CHARTS Candle Size Threshold: 2.0 percent Body to Candle Ratio: 0.5 Volume Multiplier: 1.5 times average Game Changer Lookback: 100 bars Extreme Threshold: 3.5 percent Enable Wick Filter: Yes Enable Volume Confirmation: Yes Minimum Rally Candles: 3 STOCKS DAILY CHARTS Candle Size Threshold: 1.0 percent Body to Candle Ratio: 0.6 Volume Multiplier: 2.0 times average Game Changer Lookback: 50 bars Extreme Threshold: 2.5 percent Enable Wick Filter: Yes Enable Volume Confirmation: Yes Minimum Rally Candles: 2 FOREX 1-HOUR TO 4-HOUR CHARTS Candle Size Threshold: 0.5 percent Body to Candle Ratio: 0.5 Volume Multiplier: Not applicable Game Changer Lookback: 80 bars Extreme Threshold: 1.0 percent Enable Wick Filter: Yes Enable Volume Confirmation: No Minimum Rally Candles: 3 SCALPING 1-MINUTE TO 5-MINUTE CHARTS Candle Size Threshold: 0.8 percent Body to Candle Ratio: 0.4 Volume Multiplier: 1.2 times average Game Changer Lookback: 50 bars Extreme Threshold: 1.5 percent Enable Wick Filter: No Enable Volume Confirmation: Yes Minimum Rally Candles: 2 WHAT IS INCLUDED Automatic identification of top 2 pump candles Automatic identification of top 2 dump candles Gold colored game changer labels with size differentiation Gold colored candle bars for game changers Horizontal reference lines from game changers to current price Regular pump and dump detection with green and red candles Rally sequence detection with background highlighting Extreme move detection and labeling system Real-time statistics dashboard with all key metrics Percentage change debug mode for verification Volume confirmation filter with adjustable multiplier Wick exclusion filter with adjustable body ratio Customizable lookback period from 20 to 500 bars Consecutive candle counter for rally tracking Alert system for game changers, pumps, dumps, and rallies Works on all timeframes from 1 minute to monthly Compatible with stocks, forex, cryptocurrency, and futures UNDERSTANDING GAME CHANGERS WHAT MAKES A CANDLE A GAME CHANGER A game changer is not just a large move but the largest move within context. In a volatile crypto market, a 5 percent pump might not rank in the top 2. In a stable stock, a 2 percent pump could be the number 1 game changer. The indicator adapts to your specific instrument and timeframe to find what truly matters in that context. WHY FOCUS ON TOP 2 ONLY Markets are driven by a small number of significant moves rather than the average of all moves. By focusing exclusively on the top 2 in each direction, traders can ignore noise and concentrate on the price levels that actually matter for support, resistance, and momentum. This creates clarity in decision making. GAME CHANGERS AS MARKET STRUCTURE The top pump often marks the recent high that bulls must break to continue uptrend. The top dump often marks the recent low that bears must break to continue downtrend. These become the key levels around which all other price action rotates. Understanding this structure is essential for profitable trading. GAME CHANGERS AS SENTIMENT INDICATORS Consecutive pump game changers signal strong bullish sentiment and FOMO conditions. Consecutive dump game changers signal fear and capitulation. Alternating pump and dump game changers signal indecision and range conditions. Read the pattern of game changers to gauge market psychology. VERIFICATION AND TESTING HOW TO VERIFY ACCURACY Enable Show Debug Info on Chart in the Testing and Debug settings group. This displays the percentage change calculation directly on every qualifying pump and dump candle. Manually verify by calculating open minus close divided by close multiplied by 100. The debug percentage should match your manual calculation exactly. HOW TO TEST FILTERS Toggle wick exclusion filter on and off while watching how many candles qualify. With filter on, candles with long wicks and small bodies should disappear. Toggle volume confirmation on and off to see how low-volume candles get excluded. Adjust the thresholds and watch the real-time impact on signal count. HOW TO VERIFY GAME CHANGERS Look at your chart and visually identify which candle had the biggest green body in the lookback period. The game changer number 1 pump label should be on that exact candle. Repeat for the biggest red candle to verify game changer number 1 dump. The rankings should match your visual assessment. LOOKBACK PERIOD EFFECTS Decrease the lookback period to 20 bars and watch game changers update to only recent moves. Increase to 500 bars and watch game changers potentially change to older historic moves. The optimal lookback balances recency with significance. Too short misses important levels, too long includes irrelevant history. DASHBOARD INFORMATION GUIDE STATUS ROW Shows PUMPING when current candle qualifies as a pump, DUMPING when current candle qualifies as a dump, or NEUTRAL when current candle does not meet threshold requirements. This updates in real-time on every bar close. CURRENT CHANGE ROW Displays the percentage change of the current candle from its previous close. Positive percentages indicate bullish candle, negative indicate bearish candle. This number may or may not meet your threshold to qualify as pump or dump. TOP PUMP NUMBER 1 The highest positive percentage change found in your lookback period. This candle is marked with the large gold GAME CHANGER NUMBER 1 label below it. Shows N/A if no pumps exist in the lookback period. TOP PUMP NUMBER 2 The second highest positive percentage change found in your lookback period. Marked with smaller gold GAME CHANGER NUMBER 2 label. Shows N/A if only one or zero pumps exist. TOP DUMP NUMBER 1 The highest negative percentage change magnitude found in your lookback period. This candle is marked with the large gold GAME CHANGER NUMBER 1 label above it. Shows N/A if no dumps exist. TOP DUMP NUMBER 2 The second highest negative percentage change magnitude found in your lookback period. Marked with smaller gold GAME CHANGER NUMBER 2 label. Shows N/A if only one or zero dumps exist. TOTAL PUMPS Running count of all pump candles detected since you loaded the indicator on this chart. This number continuously increases as new qualifying pumps form. Resets when you reload the chart. TOTAL DUMPS Running count of all dump candles detected since chart load. Increases as new qualifying dumps form and resets on chart reload. CONSECUTIVE Shows the current count of consecutive pump or dump candles during an active rally. Displays 3 UP during a 3-candle pump rally or 5 DN during a 5-candle dump rally. Shows 0 when no rally is active. ALERT SYSTEM GAME CHANGER DETECTED ALERT Triggers whenever the current candle becomes one of the top 2 pumps or top 2 dumps. This is the highest priority alert indicating a market-moving event just occurred. Use this alert for immediate notification of significant opportunities. PUMP DETECTED ALERT Triggers on every candle that qualifies as a pump according to your threshold and filter settings. This includes regular pumps and extreme pumps but excludes game changers which have their separate alert. Use for general upward momentum monitoring. DUMP DETECTED ALERT Triggers on every candle that qualifies as a dump according to your settings. Includes regular and extreme dumps but excludes game changers. Use for general downward momentum monitoring. PUMP RALLY STARTED ALERT Triggers when consecutive pump candles reach your minimum rally threshold. Indicates the beginning of a sustained upward movement sequence. Use to catch trends early. DUMP RALLY STARTED ALERT Triggers when consecutive dump candles reach your minimum rally threshold. Indicates the beginning of a sustained downward movement sequence. Use for trend following or reversal timing. ALERT MESSAGE FORMAT All alerts include the ticker symbol and current price using TradingView placeholders. Messages are descriptive and specify which type of signal triggered. Alerts work with TradingView notification system including email, SMS, webhook, and app notifications. TECHNICAL SPECIFICATIONS CALCULATION METHODOLOGY Percentage change calculated as current close minus previous close divided by previous close multiplied by 100. Body ratio calculated as absolute value of close minus open divided by high minus low. Volume elevation calculated as current volume divided by 20-period simple moving average of volume. Game changer ranking uses absolute value comparison across entire lookback array. PERFORMANCE CHARACTERISTICS Lightweight calculations optimized for speed on all timeframes. No repainting of signals ensuring all triggers are final on bar close. Variables properly scoped with var keyword for memory efficiency. Maximum bars back set to 500 to prevent excessive historical loading. Updates in real-time on every bar close without lag. COMPATIBILITY Works on all TradingView plans including free, pro, and premium. Compatible with stocks, forex, cryptocurrency, futures, indices, and commodities. Functions correctly on all timeframes from 1 second to monthly. No external data requests ensuring fast loading. Overlay true setting places directly on price chart. RISK DISCLAIMER This indicator is a technical analysis tool for identifying momentum and should not be used as the sole basis for trading decisions. Game changer levels can be broken during strong trends and are not guaranteed support or resistance. Pump and dump detection does not predict future price direction. Always use proper risk management with stop losses on every trade. Combine this indicator with other forms of analysis including fundamentals, market context, and risk assessment. Practice on demo accounts before live trading. Past performance of game changer signals does not guarantee future results. Trading carries substantial risk of loss and is not suitable for all investors. The creator is not responsible for trading losses incurred while using this tool. SUPPORT AND UPDATES Regular updates based on user feedback and market evolution. Built following PineCoders industry standards and best practices for code quality. Clean well-documented code structure for transparency and auditability. Optimized performance across all timeframes and instruments. Active development with continuous improvements and feature additions. WHY CHOOSE ZS GAME CHANGER PUMP AND DUMP DETECTOR Focuses on what matters by highlighting only the top 2 moves in each direction instead of cluttering your chart with every small fluctuation. Saves time by automatically identifying the most significant candles rather than requiring manual scanning. Provides clarity through visual gold labels and reference lines that make game changers unmistakable. Adapts to any market with customizable thresholds for volatility and volume. Eliminates noise with advanced wick and volume filters ensuring signal quality. Offers verification through debug mode proving calculations are accurate and trustworthy. Includes comprehensive statistics showing exact percentages and counts. Works everywhere across all markets, timeframes, and instruments without modification. Transform your chart analysis by focusing exclusively on the game-changing moments that define trends and create opportunities. Version 1.1 | Created by Zakaria Safri | Pine Script Version 5 | PineCoders Compliant
Pine Script® Indikator
von zakariasafri47