Exponential Action Map (EAM)### **Exponential Action Map (EAM) – Description and Differences from VPVR**
The Exponential Action Map (EAM) indicator is a Pine Script-based volume profile indicator that offers **a weighted representation of buying and selling activity**. Unlike the standard **Volume Profile Visible Range (VPVR)**, which simply shows traded volume at various price levels, the EAM provides the following additional features:
1. **Exponential Weighting**:
- Instead of treating the volume of all considered bars equally, the EAM uses a **decay factor** to gradually diminish the significance of older data. This allows **more recent price movements to have greater influence**, making it particularly useful for short-term analysis.
2. **Exponential Stealth Move (ESM)**:
- In addition to buy and sell volume, the EAM calculates and displays the **Exponential Stealth Move (ESM)**.
- This measures the relative price movement compared to volume and highlights areas where **significant price changes occur with low volume**, which may indicate institutional activity or strong momentum.
- The ESM visualization is not present in VPVR, making it a distinct and valuable feature.
3. **Visualization Methodology**:
- Instead of simple histograms like in VPVR, volume is represented by **dynamic boxes** that encompass Buy (EBA), Sell (ESA), and Stealth Move (ESM) activities.
- The size and color of these boxes are **customizable**, allowing for clear differentiation between various volume types.
4. **Flexibility & Configuration**:
- Users can adjust parameters such as **Number of Bars, Decay Factor, Bar Width, and Maximum History Data**.
- The ability to **toggle historical data visibility** offers a **tailored view** that VPVR does not provide.
**Conclusion:** The EAM extends the classic volume profile (VPVR) by introducing **time-weighted volume analysis and detection of Stealth Moves (ESM)**. This not only highlights price levels with high trading volume but also reveals **price movements with low liquidity**, which can potentially indicate institutional interest.
Volumen
Swing Buy Signal PRO [RSI + MACD + EMA50 + Volume + ATR]This swing trading script generates Buy Signals based on:
MACD Bullish Cross
RSI between 40 and 60
Price above EMA50
Volume confirmation (above 20-day average)
Additionally, it displays a dynamic trailing stop level calculated as Close - 3×ATR(14) to assist in risk management.
Ideal for daily timeframe swing trades (5–15 days). Use with large/mid cap liquid stocks.
Developed for high-conviction entries with momentum, trend, and participation confirmation.
FunkyQuokka's $ Volume💡 Why $ Volume Matters
Share volume alone is a half-truth — 1M shares traded at $5 isn’t the same as 1M shares at $500. That’s where dollar volume steps in, offering a far more accurate view of institutional interest, breakout validity, liquidity zones and overall trader conviction.
📈 Features:
Clean histogram of dollar volume (close × volume)
Orange line showing customizable average $ volume
K/M/B formatting for axis scale (no huge ugly numbers)
Minimal design to blend into a multi-pane layout
⚙️ Inputs:
Tweakable average length – defaults to 20
By FunkyQuokka 🦘
Tendencia y Fuerza [4H - Sin Límites]This custom indicator combines two key elements for analyzing financial markets on a 4-hour timeframe:
Trend direction (bullish/bearish).
Brute force of the movement (no numerical limits).
🔍 Main Components:
1. Trend Line (Green/Red):
Green: Uptrend (20 EMA > 50 EMA on the 4-hour period).
Red: Downtrend (20 EMA < 50 EMA on the 4-hour period).
Purpose: To quickly identify market direction.
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Intraday Volume Indicator for INDICES by TBTPH Pine Script code for an intraday volume indicator with session and lunch break highlights looks great! Here’s a summary of what each part of the script does:
Indicator Settings:
The indicator is set to show on a separate pane (overlay=false).
The SMA Length is adjustable with an input box (default of 20).
Volume and SMA Calculation:
You calculate the Simple Moving Average (SMA) of the volume over the selected length.
The volume color is determined based on whether the close price is higher or lower than the previous close and if the volume is above or below the SMA.
Volume Plot:
Volume is plotted as a histogram with different colors to indicate if the volume is higher or lower than the SMA.
You plot the SMA of the volume with an orange line for easier comparison.
Background Color:
You set a light gray background color to give a subtle contrast.
NYSE and LSE trading sessions are highlighted with green and blue, respectively.
Lunch break periods are highlighted with a white background for both exchanges.
Here are a couple of improvements or suggestions you might consider:
Session Time Overlap Handling:
If the script is applied to a chart where both NYSE and LSE data is visible, they may overlap depending on the time zone of your chart. Ensure the session times align with the active market's timezone, especially if you are using a chart with a different timezone setting.
Color Customization:
The color scheme for bullish/bearish volume could be enhanced further. For example, you could introduce more transparency for low-volume periods to make the histogram appear more subtle during less active trading times.
Handling Different Time Zones:
If your chart is not in the "America/New_York" or "GMT" time zone, be mindful of the session times. The timestamp function depends on the chart’s time zone, so ensuring you're adjusting for different markets is key.
Malama's big MACDMalama's Big MACD" is a versatile TradingView indicator designed to help traders identify high-probability buy and sell opportunities in fast-moving markets, particularly on short timeframes like 1-5 minute charts. It solves the common problem of filtering out market noise by combining a predictive price model (Stochastic Price Predictor, or SPP) with a comprehensive set of momentum and trend indicators (MACD, RSI, moving averages, and more). Whether you're scalping quick trades or confirming longer-term trends, this tool provides clear signals and visual cues to boost confidence and timing.
The indicator operates in two main layers:
Stochastic Price Predictor (SPP): This predictive engine forecasts short-term price movements using a simplified Monte Carlo simulation. It analyzes recent price changes, volatility (via ATR), and Stochastic RSI to estimate the likelihood of an upward or downward move within a set horizon (e.g., 3 bars). Buy signals trigger when the probability of an upward move exceeds a confidence threshold (default 65%) and the market isn’t overbought, while sell signals activate for downward moves when not oversold.
Comprehensive Indicator Suite: This layer combines classic tools like MACD (for momentum), RSI (for overbought/oversold conditions), moving averages (for trend direction), and ATR (for volatility-based levels). It generates signals when these align—e.g., a bullish MACD crossover paired with an oversold RSI and a rising fast MA. A unique "JKH RSI" (a fast RSI variant) adds extra confirmation, while manual sentiment input lets you tweak signals based on your market bias.
The script overlays these signals on your chart, color-codes trends, and highlights key levels (like stop-loss and profit targets) to make decision-making intuitive.
How to Use It
Adding to TradingView:
Copy the script into TradingView’s Pine Editor (under "Indicators" > "Pine Editor").
Click "Save," name it (e.g., "Malama's Big MACD"), then "Add to Chart."
Configuring Settings:
Open the indicator’s settings via the gear icon.
Adjust SPP settings (e.g., "Lookback Period" to 5 for short-term focus, "Confidence Threshold" to 65% for faster signals).
Tweak the Comprehensive settings (e.g., MACD lengths: 5/13/5 for scalping, or longer like 12/26/9 for swing trading).
Toggle visuals (e.g., enable "Show Predicted Range" or "Highlight Volume Spikes") under "Visual Settings."
Interpreting Signals:
SPP Signals: Green "BUY (SPP)" labels below bars or red "SELL (SPP)" above bars indicate predictive opportunities.
Comprehensive Signals: Lime "BUY (Comp)" or red "SELL (Comp)" labels show confirmed momentum trades. Blue/orange MACD arrows and green/red RSI dots add context.
Trend Line: Green means uptrend (fast MA > slow MA), red is downtrend, orange is neutral.
Extras: Purple ATR lines suggest stop-loss/profit targets; yellow backgrounds flag volume spikes.
Tips:
Beginners: Start with default settings and focus on SPP signals for quick trades. Use ATR lines to set safe exits.
Pros: Experiment with "Sentiment Input" (-1 to 1) to bias signals, or adjust MACD/MA lengths for your timeframe. Pair with volume spikes for breakout confirmation.
Originality
What makes "Malama's Big MACD" stand out is its hybrid approach: it fuses a predictive Monte Carlo model (SPP) with a robust multi-indicator confirmation system. Unlike standard MACD or RSI tools, it offers:
Short-Term Prediction: SPP’s probability-based signals cater to scalpers, rare in most indicators.
Layered Confirmation: Combines MACD, RSI, fast/slow MAs, and a custom JKH RSI for stronger filtering.
Visual Clarity: Trend coloring, predicted price ranges, and ATR-based levels make it a one-stop shop.
Flexibility: Adjustable for scalping or swing trading, with manual sentiment for personalized tuning.
This isn’t just another MACD—it’s a dynamic, all-in-one toolkit that adapts to your trading style, blending foresight with precision.
Média de Volume - VXX & UVXY (Colorido)Explanation:
The code takes the daily volume of VXX and UVXY.
Calculates the average of the two volumes.
Plots a blue histogram, similar to the traditional volume indicator.
Adds a reference line at zero.
The histogram bars turn green when the price is above the 20 SMA and red when it is below.
Multiple VWMATradingView Indicator: Multiple VWMA
This TradingView indicator allows you to display up to five separate Volume Weighted Moving Averages (VWMAs) directly on your price chart.
What it does:
Plots 5 VWMAs: It calculates and draws five distinct VWMA lines (or other styles) on the chart.
Volume Weighting: Unlike simple moving averages, a VWMA gives more weight to prices where trading volume was higher, potentially offering a clearer picture of the trend strength confirmed by volume.
Highly Customizable: Each of the five VWMAs can be configured independently through the indicator's settings panel. For each one, you can set:
Length: The lookback period (number of bars) used for the calculation.
Source: The price data to use (e.g., close, open, high, low, hl2, etc.).
Timeframe: You can calculate each VWMA based on a different timeframe than the one currently displayed on your chart (e.g., view daily VWMAs on an hourly chart). Leave blank to use the chart's timeframe.
Offset: Shift the VWMA line forwards or backwards on the chart by a specific number of bars.
Style: Choose how each VWMA is displayed (Line, Histogram, or Cross).
Overlay: The VWMAs are plotted directly over the price bars for easy comparison.
Purpose:
This indicator is useful for traders who want to analyze trends using multiple volume-weighted perspectives simultaneously. By comparing VWMAs of different lengths or based on different timeframes, you can gain insights into short-term vs. long-term trends, potential support/resistance levels, and the significance of price movements based on accompanying volume.
Volume Delta DashboardHow It Works:
This script creates a Volume Delta Dashboard on TradingView, which helps traders visualize the balance between buying and selling volume (Volume Delta) directly on the chart. Here's a breakdown of the key components:
Volume Delta Calculation:
The script calculates the Volume Delta by comparing the volume of bars where the price closed higher (buying pressure) to those where the price closed lower (selling pressure).
Positive Volume Delta (green background) indicates more buying activity than selling, suggesting upward price movement. Negative Volume Delta (red background) indicates more selling than buying, signaling a potential downward move.
Smoothing with EMA:
To make the volume delta trend smoother and more consistent, an Exponential Moving Average (EMA) of the Volume Delta is used. This helps to reduce noise and highlight the prevailing buying or selling pressure over a 14-period.
Dynamic Position Selection:
The user can choose where the Volume Delta dashboard table will appear on the chart by selecting a position: top-left, top-right, bottom-left, or bottom-right. This makes the indicator adaptable to different chart setups.
Coloring:
The background of the table changes color based on the value of the Volume Delta. Green indicates a positive delta (more buyers), and Red indicates a negative delta (more sellers).
Use of This Strategy:
This Volume Delta Dashboard strategy is particularly useful for traders who want to:
Monitor Market Sentiment:
By observing the volume delta, traders can get a sense of whether there is more buying or selling pressure in the market. Positive volume delta can indicate a bullish sentiment, while negative delta can point to bearish sentiment.
Confirm Price Action:
The Volume Delta can be used alongside price action to confirm the strength of a price move. For example, if the price is moving up and the volume delta is positive, it suggests that the price increase is supported by buying pressure.
Identify Divergences:
Volume delta can help traders spot divergences between price and volume. For example, if the price is moving higher but the volume delta is negative, it may suggest a weakening trend and a potential reversal.
Optimize Entry/Exit Points:
By understanding the relationship between price movement and volume, traders can make more informed decisions about entering or exiting positions. For instance, a sudden increase in buying volume (positive delta) may indicate a good entry point for a long position.
Overall, the Volume Delta Dashboard can serve as a powerful tool for improving decision-making, by providing real-time insights into market dynamics and trading sentiment.
26 and 50 EMA Crossover with 200 EMA FilterThe "26 and 50 EMA Crossover with 200 EMA Filter" indicator is a trend-following strategy designed to help traders identify high-probability entry points based on moving average crossovers and the overall market trend.
Key Features:
Buy Signal: A Buy signal is triggered when:
The price is above the 200 EMA, confirming the market is in an uptrend.
The 26 EMA crosses above the 50 EMA, indicating a potential bullish momentum shift.
Sell Signal: A Sell signal is triggered when:
The price is below the 200 EMA, confirming the market is in a downtrend.
The 26 EMA crosses below the 50 EMA, indicating potential bearish momentum.
Visual Indicators:
The 26 EMA is plotted in blue.
The 50 EMA is plotted in green.
The 200 EMA is plotted in red.
Buy and Sell Arrows:
Buy signals are shown as green arrows below the bars, indicating a potential long trade.
Sell signals are shown as red arrows above the bars, indicating a potential short trade.
This indicator combines a multi-EMA crossover strategy with a 200 EMA filter to give clear signals in trending markets while avoiding choppy, sideways conditions.
How to Use:
For Buy Trades: Look for the green arrows when the price is above the 200 EMA, confirming an uptrend. A bullish crossover between the 26 EMA and the 50 EMA signals a potential entry point.
For Sell Trades: Look for the red arrows when the price is below the 200 EMA, confirming a downtrend. A bearish crossover between the 26 EMA and the 50 EMA signals a potential entry point.
This strategy is ideal for traders looking for a trend-following approach to identify trade opportunities based on market momentum and major moving average crossovers.
Note:- TRY TO TRAIL SL FOR BIG REWARD AND SMALL LOSSES.
HTF Support & Resistance Zones📌 English Description:
HTF Support & Resistance Zones is a powerful indicator designed to auto-detect key support and resistance levels from higher timeframes (Daily, Weekly, Monthly, Yearly).
It displays the number of touches for each level and automatically classifies its strength (Weak – Strong – Very Strong) with full customization options.
✅ Features:
Auto-detection of support/resistance from HTFs
Strength calculation based on touch count
Clean visual display with color, size, and label customization
Ideal for scalping and intraday trading
📌 الوصف العربي:
مؤشر "HTF Support & Resistance Zones" يساعد المتداولين على تحديد أهم مناطق الدعم والمقاومة المستخرجة تلقائيًا من الفريمات الكبيرة (اليومي، الأسبوعي، الشهري، السنوي).
يعرض المؤشر عدد اللمسات لكل مستوى ويقيّم قوته تلقائيًا (ضعيف – قوي – قوي جدًا)، مع خيارات تخصيص كاملة للعرض.
✅ ميزات المؤشر:
دعم/مقاومة تلقائية من الفريمات الكبيرة
تقييم تلقائي لقوة المستويات بناءً على عدد اللمسات
عرض مرئي مرن مع تحكم بالألوان، الحجم، الشكل، والخلفية
مناسب للتداولات اليومية والسكالبينج
🔥 Options Trading VWAP Indicator 🔥✅ **تم تحسين المؤشر بإشارات دخول وخروج أوضح!**
🔹 **إشارات CALL (شراء)** تظهر بأسهم خضراء عند تقاطع السعر فوق VWAP مع اتجاه صاعد و**RSI > 50**.
🔹 **إشارات PUT (بيع)** تظهر بأسهم حمراء عند تقاطع السعر أسفل VWAP مع اتجاه هابط و**RSI < 50**.
🔹 **تمت إضافة تنبيهات تلقائية عند ظهور إشارات CALL و PUT** حتى لا تفوت أي فرصة!
🚀 **يفضل استخدام شموع هايكين آشي !** 🔥📊
✅ **The indicator has been improved with clearer entry and exit signals!**
🔹 **CALL (buy) signals** are shown with green arrows when the price crosses above VWAP with an upward trend and **RSI > 50**.
🔹 **PUT (sell) signals** are shown with red arrows when the price crosses below VWAP with a downward trend and **RSI < 50**.
🔹 **Automatic alerts have been added for CALL and PUT signals** so you never miss an opportunity!
🚀 **Heikin Ashi candles are recommended!** 🔥📊
Global Liquidity Index with Editable DEMA + 107 Day OffsetGlobal Liquidity DEMA (107-Day Lead)
This indicator visualizes a smoothed version of global central bank liquidity with a forward time shift of 107 days. The concept is based on the macroeconomic observation that markets tend to lag changes in global liquidity — particularly from central banks like the Federal Reserve, ECB, BOJ, and PBOC.
The script uses a Double Exponential Moving Average (DEMA) to smooth the combined balance sheets and money supply inputs. It then offsets the result into the future by 107 days, allowing you to visually align liquidity trends with delayed market reactions. A second plot (ROC SMA) is included to help identify liquidity momentum shifts.
🔍 How to Use:
Add this indicator to any chart (S&P 500, BTC, Gold, etc.)
Compare price action to the forward-shifted liquidity trend
Look for divergence, confirmation, or crossovers with price
Use as a macro timing tool for long-term entries/exits
📌 Included Features:
Editable DEMA smoothing length
ROC + SMA overlay for momentum signals
Fixed 107-day forward projection
Includes main DEMA and ROC SMA both real-time and shifted
Mean Reversion with Volume AnalysisKey Features of This Script:
Adaptive Parameters
RSI thresholds adjust based on market volatility
Uses ATR to measure current volatility
Volume Confirmation
Only enters trades when volume is above average (vol_ratio > vol_threshold)
Volume spike helps confirm potential reversions
Multi-Timeframe Analysis
Optional higher timeframe confirmation
Ensures you’re not fighting against the larger trend
Volatility Filters
Uses normalized ATR to avoid trading in extremely volatile conditions
BB width provides visual indication of current volatility
Visual Feedback
Plots buy/sell signals directly on the chart
Information panel shows key metrics
Customization Tips:
Adjust the length parameter based on the timeframe you’re trading
Modify bb_mult to be more aggressive (lower value) or conservative (higher value)
The vol_threshold can be increased for stricter volume confirmation
Fine-tune the ATR filter (0.03 in the script) based on your risk tolerance
This script provides both visual signals and automated strategy execution. You can use it in TradingView’s strategy tester to backtest its performance on different assets and timeframes.
Linear Regression Volume Profile [ChartPrime]LR VolumeProfile
This indicator combines a Linear Regression channel with a dynamic volume profile, giving traders a powerful way to visualize both directional price movement and volume concentration along the trend.
⯁ KEY FEATURES
Linear Regression Channel: Draws a statistically fitted channel to track the market trend over a defined period.
Volume Profile Overlay: Splits the channel into multiple horizontal levels and calculates volume traded within each level.
Percentage-Based Labels: Displays each level's share of total volume as a percentage, offering a clean way to see high and low volume zones.
Gradient Bars: Profile bars are colored using a gradient scale from yellow (low volume) to red (high volume), making it easy to identify key interest areas.
Adjustable Profile Width and Resolution: Users can change the width of profile bars and spacing between levels.
Channel Direction Indicator: An arrow inside a floating label shows the direction (up or down) of the current linear regression slope.
Level Style Customization: Choose from solid, dashed, or dotted lines for visual preference.
⯁ HOW TO USE
Use the Linear Regression channel to determine the dominant price trend direction.
Analyze the volume bars to spot key levels where the majority of volume was traded—these act as potential support/resistance zones.
Pay attention to the largest profile bars—these often mark zones of institutional interest or price consolidation.
The arrow label helps quickly assess whether the trend is upward or downward.
Combine this tool with price action or momentum indicators to build high-confidence trading setups.
⯁ CONCLUSION
LR Volume Profile is a precision tool for traders who want to merge trend analysis with volume insight. By integrating linear regression trendlines with a clean and readable volume distribution, this indicator helps traders find price levels that matter the most—backed by volume, trend, and structure. Whether you're spotting high-volume nodes or gauging directional flow, this toolkit elevates your decision-making process with clarity and depth.
Scalping Strategy Pro | Supertrend + VWAP + RSIDashboard Features:
Current Signal (BUY / SELL / No Trade)
Entry Price, Stop Loss, Take Profit
Real-time Risk:Reward ratio
Signal color highlight (green for buy, red for sell)
Responsive & clean layout for mobile or PC
Volume > 1.5x 20-Day Avg VolumeI am trying to understand on a 20 period basis if the volume spike is over 1.5 times the average. If this indicator works well the, it shows a triangle whenever the spike in the volume matches the rule.
Multi-Period VWAP30day 90day and 365day vwap
its just a vwap
that anchores 30day before the current day
anchores 90day before current day
anchores 365day before current day
TREND FINDER BY MRS (SSL Hybrid + Delta Candles)Perfect for identifying trend direction, continuation signals, and exit points while visualizing real-time buying/selling pressure.
A sophisticated multi-timeframe trading system combining:
SSL Hybrid Trend Analysis (HMA/JMA/EMA baseline)
Volume Delta Visualization (colored candles)
ATR Volatility Bands (optional)
Key Features:
1. Smart Trend Detection
Custom Baseline MA: Choose between HMA, JMA (Jurik), or EMA with adjustable length
Trend-Colored Baseline:
🟢 Green = Uptrend (price above & baseline rising)
🔴 Red = Downtrend (price below & baseline falling)
🟠 Orange = Neutral/Transition phase
2. Volume Delta Candles
Colors candles based on lower timeframe volume imbalance:
🟢 Dark Green: Strong buying pressure (delta > 20%)
🌱 Light Green: Moderate buying (delta 5-20%)
🔴 Dark Red: Strong selling pressure (delta < -20%)
🌸 Light Red: Moderate selling (delta -5% to -20%)
⚪ Gray: Balanced volume
3. Professional Tools
ATR Bands: Visualize volatility with adjustable multiplier
Multi-Timeframe Analysis: Delta calculated from lower timeframe (default: 1min)
Alerts: Baseline crosses and extreme delta conditions
Recommended Settings:
Chart Type: Daily (for NNFX method)
Baseline: HMA/JMA (60 periods)
Delta TF: 1-5min for intraday volume accuracy
How Traders Use It:
Trend Traders: Follow colored baseline for direction
Swing Traders: Use delta extremes for reversals
Breakout Traders: Watch ATR band expansions
Published Notes:
TREND FINDER BY MRS (SSL Hybrid with Delta Candles)
By: Rajasekhar Muvvala
*"See the trend, read the volume, trade with confidence"*
Installation:
1. Add to TradingView via Pine Editor
2. Customize colors/thresholds in settings
3. Apply to daily charts for best results
Pro Tip:
Combine with:
- 200EMA for long-term bias
- Horizontal S/R levels
- Price action confirmation
This description highlights the indicator's unique value while making it accessible for both beginners and advanced traders. The markdown formatting ensures clean presentation when published on trading forums or journals. Would you like me to adjust any technical aspects or emphasize different features?
RSI + MFI Momentum Mapper - CoffeeKillerRSI + MFI Momentum Mapper - CoffeeKiller Indicator Guide
Welcome traders! This guide will walk you through the RSI + MFI Momentum Mapper indicator, an innovative market analysis tool developed by CoffeeKiller that combines two powerful oscillators to create a comprehensive momentum visualization system.
🔔 **Warning: This Is Not a Standard RSI or MFI Indicator** 🔔 This indicator combines and normalizes RSI and MFI data to create a unified momentum representation with boundary detection and peak signaling features.
Core Concept: Combined Momentum Analysis
The foundation of this indicator lies in merging the strengths of two complementary oscillators - Relative Strength Index (RSI) and Money Flow Index (MFI) - to provide a more robust momentum signal that accounts for both price action and volume.
Directional Columns: Momentum Strength
- Positive Green Columns: Bullish momentum
- Negative Red Columns: Bearish momentum
- Color intensity varies based on momentum strength
- Special coloring for new high/low boundaries
Marker Lines: Dynamic Support/Resistance
- High Marker Line (Magenta): Tracks the highest point reached during a bullish phase
- Low Marker Line (Cyan): Tracks the lowest point reached during a bearish phase
- Creates visual boundaries showing momentum extremes
Peak Detection System:
- Triangular markers identify significant local maxima and minima
- Background highlighting shows important momentum peaks
- Helps identify potential reversal points and momentum exhaustion
Reference Lines:
- Zero Line (Gray): Divides bullish from bearish momentum
- High Line (+1): Upper threshold for extremely bullish conditions
- Low Line (-1): Lower threshold for extremely bearish conditions
Core Components
1. Oscillator Normalization
- RSI and MFI values centered around zero
- Values scaled to create consistent visualization
- Normalized range typically between -1 and +1
- Combination of indicators for signal reliability
2. Boundary Tracking System
- Automatic detection of highest values in bullish phases
- Automatic detection of lowest values in bearish phases
- Step-line visualization of boundaries
- Color-coded for easy identification
3. Peak Detection System
- Identification of local maxima and minima
- Background highlighting of significant peaks
- Triangle markers for peak visualization
- Zero-line cross detection for trend changes
4. Signal Smoothing
- Signal line calculation via SMA
- Helps filter noise and identify trends
- Provides confirmation of momentum direction
Main Features
Oscillator Settings
- Customizable RSI length for sensitivity control
- Customizable MFI length for sensitivity control
- Normalized display for consistent visualization
- Signal smoothing for clearer readings
Visual Elements
- Color-coded columns showing momentum direction and strength
- Dynamic marker lines for momentum boundaries
- Peak triangles for significant turning points
- Background highlighting for peak identification
- Reference lines for momentum threshold levels
Signal Generation
- Zero-line crosses for trend change signals
- Boundary breaks for momentum strength
- Peak formation for potential reversals
- Color changes for momentum direction and acceleration
Customization Options
- RSI and MFI length parameters
- Marker line visibility and colors
- Peak marker color selection
- Peak background display options
Trading Applications
1. Trend Identification
- Directional line crossing above zero: bullish trend beginning
- Directional line crossing below zero: bearish trend beginning
- Column color: indicates momentum direction
- Column height: indicates momentum strength
2. Reversal Detection
- Peak triangles after extended trend: potential exhaustion
- Background highlighting: significant reversal points
- Directional line approaching marker lines: potential trend change
- Color shifts from bright to muted: decreasing momentum
3. Momentum Analysis
- Breaking above previous high boundary: accelerating bullish momentum
- Breaking below previous low boundary: accelerating bearish momentum
- Special coloring (magenta/cyan): boundary breaks indicating strength
- Approaching +1/-1 lines: extreme momentum conditions
4. Market Structure Assessment
- Consecutive higher peaks: strengthening bullish structure
- Consecutive lower troughs: strengthening bearish structure
- Peak comparisons: relative strength of momentum phases
- Boundary line steps: market structure levels
Optimization Guide
1. Oscillator Settings
- RSI Length: Default 14 provides balanced signals
- Lower values (7-10): More responsive, potentially noisier
- Higher values (20-30): Smoother, fewer false signals
- MFI Length: Default 14 provides balanced signals
- Lower values: More responsive to volume changes
- Higher values: Less sensitive to short-term volume spikes
2. Visual Customization
- Marker Line Colors: Adjust for visibility on your chart
- Peak Marker Color: Default yellow provides good contrast
- Enable/disable background highlights based on preference
- Consider chart background when selecting colors
3. Signal Interpretation
- Stronger signals: When directional line approaches +1/-1
- Confirmation: When peaks form after extended momentum
- Early warnings: When color intensity changes before direction
- Trend strength: Distance between zero line and current reading
4. Reference Line Usage
- Zero line: Primary trend divider
- +1/-1 lines: Extreme momentum thresholds
- Marker lines: Dynamic support/resistance levels
- Distance from reference: Momentum strength measure
Best Practices
1. Signal Confirmation
- Wait for zero-line crosses to confirm trend changes
- Look for peak formations to identify potential reversals
- Check for boundary breaks to confirm strong momentum
- Use with price action for entry/exit precision
2. Timeframe Selection
- Lower timeframes: more signals, potential noise
- Higher timeframes: cleaner signals, less frequent
- Multiple timeframes: confirm signals across time horizons
- Match to your trading style and holding period
3. Market Context
- Strong bullish phase: positive columns breaking above marker line
- Strong bearish phase: negative columns breaking below marker line
- Columns approaching zero: potential trend change
- Columns approaching +1/-1: extreme conditions, potential reversal
4. Combining with Other Indicators
- Use with trend indicators for confirmation
- Pair with other oscillators for divergence detection
- Combine with volume analysis for validation
- Consider support/resistance levels with boundary lines
Advanced Trading Strategies
1. Boundary Break Strategy
- Enter long when directional line breaks above previous high marker line
- Enter short when directional line breaks below previous low marker line
- Use zero-line as initial stop-loss reference
- Take profits at formation of opposing peaks
2. Peak Trading Strategy
- Identify significant peaks with triangular markers
- Look for consecutive lower peaks in bullish phases for shorting opportunities
- Look for consecutive higher troughs in bearish phases for buying opportunities
- Use zero-line crosses as confirmation
3. Extreme Reading Strategy
- Look for directional line approaching +1/-1 lines
- Watch for color changes and peak formations
- Enter counter-trend positions after confirmed peaks
- Use tight stops due to extreme momentum conditions
4. Column Color Strategy
- Enter long when columns turn bright green (increasing momentum)
- Enter short when columns turn bright red (increasing momentum)
- Exit when color intensity fades (decreasing momentum)
- Use marker lines as dynamic support/resistance
Practical Analysis Examples
Bullish Market Scenario
- Directional line crosses above zero line
- Green columns grow in height and intensity
- High marker line forms steps upward
- Peak triangles appear at local maxima
- Background highlights appear at significant momentum peaks
Bearish Market Scenario
- Directional line crosses below zero line
- Red columns grow in depth and intensity
- Low marker line forms steps downward
- Peak triangles appear at local minima
- Background highlights appear at significant momentum troughs
Consolidation Scenario
- Directional line oscillates around zero line
- Column colors alternate frequently
- Marker lines remain relatively flat
- Few or no new peak highlights appear
- Directional values remain small
Understanding Market Dynamics Through RSI + MFI Momentum Mapper
At its core, this indicator provides a unique lens to visualize market momentum by combining two complementary oscillators:
1. Combined Strength: By averaging RSI (price-based) and MFI (volume-based), the indicator provides a more comprehensive view of market momentum that considers both price action and buying/selling pressure.
2. Normalized Scale: The indicator normalizes values around zero, making it easier to identify bullish vs bearish conditions and the relative strength of momentum in either direction.
3. Dynamic Boundaries: The marker lines create a visual representation of the "high water marks" of momentum in both directions, helping to identify when markets are making new momentum extremes.
4. Exhaustion Signals: The peak detection system highlights moments where momentum has reached a local maximum or minimum, often precursors to reversals or consolidations.
Remember:
- Combine signals from directional line, marker lines, and peak formations
- Use appropriate timeframe settings for your trading style
- Customize the indicator to match your visual preferences
- Consider market conditions and correlate with price action
This indicator works best when:
- Used as part of a comprehensive trading system
- Combined with proper risk management
- Applied with an understanding of current market conditions
- Signals are confirmed by price action and other indicators
DISCLAIMER: This indicator and its signals are intended solely for educational and informational purposes. They do not constitute financial advice. Trading involves significant risk of loss. Always conduct your own analysis and consult with financial professionals before making trading decisions.
ICT Order Blocks v2 (Debug) ICT Breaker Blocks v2 (Break Refined) Indicator Explanation
This document provides a comprehensive overview of the ICT Breaker Blocks v2 (Break Refined) indicator, which is designed to identify and visualize Breaker Blocks in trading. A Breaker Block represents a prior Order Block that has failed to hold price, indicating potential institutional support or resistance levels. The indicator highlights these flipped zones, allowing traders to anticipate future price reactions based on previous market behavior.
Purpose
The primary purpose of the ICT Breaker Blocks v2 indicator is to identify Breaker Blocks, which are crucial for understanding market dynamics. When price decisively breaks through an Order Block, it can change its role from support to resistance or vice versa. This indicator helps traders visualize these changes, providing insights into potential areas for price reactions.
How it Works
The indicator operates through a series of steps on each bar:
1. Identify Potential Order Blocks (OBs)
The indicator continuously searches for the most recent potential Order Blocks based on basic price action:
Potential Bullish OB: The last down-closing candle before an upward move that breaks its high.
Potential Bearish OB: The last up-closing candle before a downward move that breaks its low.
It retains the price range (high/low) and location of the most recent potential OB of each type.
2. Detect the "Break" of a Potential OB
A Breaker is confirmed when the price fails to respect a potential OB and moves decisively through it. The indicator checks:
If the current price closes above the high of the stored potential Bearish OB.
If the current price closes below the low of the stored potential Bullish OB.
3. Apply Displacement Filter (Optional)
To enhance the accuracy of break detection, traders can enable the "Require Displacement on Break?" filter in the settings. This filter adds a condition that the candle causing the break must have a larger body size than the preceding candle, indicating stronger momentum.
4. Store the Active Breaker Block
When a valid break occurs (and passes the displacement filter if active):
A Bullish Breaker (+BB) is confirmed if a potential Bearish OB is broken to the upside, storing the high/low price range of that original Bearish OB.
A Bearish Breaker (-BB) is confirmed if a potential Bullish OB is broken to the downside, storing the high/low price range of that original Bullish OB.
The indicator tracks only the most recent valid, unmitigated Breaker Block of each type, replacing the previous one when a new one forms.
5. Mitigation (Invalidation)
The indicator checks if the currently displayed Breaker zone has been invalidated by subsequent price action. The mitigation rules are as follows:
A Bullish Breaker is considered mitigated and removed if the price later closes below its low.
A Bearish Breaker is considered mitigated and removed if the price later closes above its high.
Visualization
For the currently active, unmitigated Breaker Block of each type (if enabled in settings):
A box is drawn representing the price zone (high/low) of the original Order Block that was broken.
The box starts from the bar where the break was confirmed.
If "Extend Breaker Boxes?" is enabled, the box extends to the right edge of the chart until the Breaker is mitigated.
A small label ("+BB" or "-BB") is added to the box, with colors and border styles configurable in the settings.
This indicator automates the identification of significant "flipped" zones, allowing traders to incorporate Breaker Blocks into their ICT analysis effectively. It is essential to evaluate the indicator's effectiveness on your chosen market and timeframe and consider using the displacement filter to refine the signals.
ATR from VWAP📌 ATRs from VWAP – Intraday Volatility Tracker
This script measures how far price is from VWAP in ATR units, helping traders assess short-term overextension and reversion potential.
🔹 Key Features:
✅ ATR Distance from VWAP – Calculates how many ATRs the price is from the VWAP.
✅ Dynamic Table Display – Shows ATR distance in real-time for quick decision-making.
✅ Intraday Focus – Designed for scalpers and day traders using minutes or hourly timeframes.
📊 How to Use:
Look for price moving away from VWAP to identify extended moves.
Use as a reversion signal when price deviates too far from VWAP.
