지금 시작

NIFTY

Prev Day & Week Levels with Extensions (Historical)Overview This indicator automatically plots key historical levels from the Previous Day and Previous Week, including high, low, and equilibrium (midpoint) levels. It is designed for intraday traders who use daily and weekly price ranges to identify potential support, resistance, and mean-reversion zones. Key Features Fibonacci Extensions: Beyond the standard H/L/Mid levels, it automatically calculates and plots extension levels (150%, 200%, -150%, and -200%) based on the prior period's range. Dynamic Labels: All levels are clearly labeled on the right side of the chart with their specific price values for quick reference. Historical Tracking: Includes an option to toggle between showing only the current active levels or keeping historical levels on the chart to analyze past reactions. Clean Visuals: Fully customizable colors and line styles (solid, dashed, or dotted) to match any chart theme.
Pine Script® 인디케이터
thulashimohanr의
Fortune SignalsNagarjuna – Multi-Signal Trading Tool (Educational) This indicator is built for educational purposes only. It is designed to help traders visually identify potential trade setups, trend direction, and key levels on the chart. What It Includes: 📊 Multi-Timeframe Trend Table A real-time table displayed on the chart showing trend direction across 4 timeframes — 5m, 15m, 1h, and 4h. Each cell turns Green (Bullish), Red (Bearish), or Gray (Sideways) based on the trend condition of that timeframe. Use this to confirm trade direction before entering. 🟢 Buy / 🔴 Sell Signals When a BUY label appears, it indicates a potential long setup. When a SELL label appears, it indicates a potential short setup. Always confirm with the trend table before acting on any signal. 🛑 Stop Loss Background (BGST) The background color on the chart acts as your dynamic stop loss zone. As long as price stays within the background color, the trade remains valid. A change or loss of background color is your signal to exit or reassess. 📈 Re-Entry on TBS Lines The indicator plots two key lines on the chart (TBS Line 1 and TBS Line 2). After an initial signal, if price pulls back and retests these lines, it can be treated as a re-entry opportunity in the direction of the original signal. 🎯 First Target The first profit target is considered reached when the background (BGST) touches or meets the TBS lines. This is a visual cue to book partial or full profits. 🕯️ Candle Pattern Highlights Key bullish and bearish candle patterns are highlighted in blue and purple respectively, helping you spot strong momentum candles and potential reversals at a glance. ⚠️ Disclaimer This script is published strictly for educational purposes. It does not constitute financial advice. Past performance of any indicator does not guarantee future results. Always do your own research and use proper risk management before taking any trade.
Pine Script® 인디케이터
Nagarjunabk의
CE & PE Separated V6This Pine Script (v6) indicator creates a dual-pane visualizer for Call (CE) and Put (PE) options on a single chart. It is designed to compare the price action and key levels of two different option contracts simultaneously without them overlapping. Core Functionality Dual-Symbol Tracking: It fetches real-time OHLC data for two user-selected symbols (typically a CE and a PE strike) using request.security. Visual Separation (The Gap): To prevent the candles from overlapping, it applies a user-defined gap_offset to the PE data, effectively "shifting" the Put option candles lower on the Y-axis. Key Level Mapping: It automatically calculates and draws horizontal lines for critical intraday and historical levels for both contracts: Historical: Previous Day High (PDH), Low (PDL), and Close (PDC). Intraday: First Candle Close (FC) and Opening Candle High/Low (OCH/OCL). Clean Visualization: Using barstate.islast, the script ensures that labels and lines are updated dynamically, appearing only for the current trading session to reduce chart clutter. This is particularly useful for Option Scalpers or Straddle/Strangle traders who want to see if both CE and PE are breaking their opening ranges or previous day levels at the same time, indicating a strong move or a volatility expansion.
Pine Script® 인디케이터
thulashimohanr의
SRJ India VIX Widget**SRJ India VIX Widget – Volatility Regime & Expected Range Tool** The SRJ India VIX Widget combines real-time volatility regime tracking with a custom expected range model to support intraday planning and risk management for Indian index traders. This indicator uses India VIX to estimate potential daily movement and plots volatility-adjusted levels around the previous day’s close. It also includes a live dashboard that tracks volatility shifts and short-term changes throughout the session. **🔹 What it shows** * Live VIX value with regime classification * Change vs previous 15-minute interval and previous day close * Volatility-based expected range levels * Extended range bands for potential expansion scenarios **🔹 How to use** * Use the range bands as dynamic support and resistance zones * Rising VIX indicates increasing volatility and possible trend expansion * Falling VIX suggests compression and range-bound conditions * Helps define intraday bias, targets, and risk levels **🔹 Best suited for** * Index intraday traders * Volatility-based trading strategies * Traders seeking objective, data-driven reference levels **🔹Multi-use behavior** On NSE indices: Displays both volatility dashboard and expected range levels On other symbols (stocks, crypto, etc.): Works as a standalone India VIX dashboard for broader market context **⚠️ Notes** * Expected range levels are available only on supported NSE indices due to India VIX dependency * These levels are statistical estimates and should not be treated as fixed support/resistance **Disclaimer** This script is an independent implementation combining volatility regime analysis with a custom expected range model. The concept of volatility-based expected move estimation is widely used in financial markets; this indicator provides a structured adaptation with additional logic, visualization, and intraday context.
Pine Script® 인디케이터
sanjeevrjha의
IntraEdge v12.6 for Nifty, Sensex, Bank Nifty.IntraEdge v12.6 is a complete session intelligence system for Nifty, Sensex, and BankNifty intraday F&O traders. It tells you what kind of day you are in, whether to look for longs or shorts, when the setup is valid, and when to stand down entirely. Every piece of information — gap context, VIX range, OR state, HTF alignment, session phase, ADR capacity, and ATM strike — is on one chart, updated live. No spreadsheets. No second monitor. No manual calculations. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🛡️ What It Does ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 1. Opening Range Breakout Engine The 9:15–9:45 window on Nifty concentrates the highest institutional order flow of the entire session. The high and low formed in this window become the most significant intraday support and resistance levels of the day. A clean break of these levels, followed by a retest that holds, is statistically the highest probability intraday setup in the Indian market. IntraEdge automates the entire process — forming the range, detecting the break, waiting for the retest, and printing the entry signal. The Rule: Do not buy the breakout candle. Wait for the R label. After the OR seals at 9:45, the engine tracks the break direction and prints an R label the moment price pulls back cleanly to the OR boundary and closes back on the breakout side. A second valid retest prints R2 . These are your entry signals — not the breakout candle, not the momentum spike. The retest. Profit Targets (T+0.5 and T+1.0) Once the OR seals, IntraEdge projects four target lines using the OR range itself as the measuring unit: T+0.5 = OR High + half the OR range (first upside target) T+1.0 = OR High + full OR range (trend day extension target) T-0.5 = OR Low − half the OR range (first downside target) T-1.0 = OR Low − full OR range (trend day extension target) All four lines are permanently visible from OR seal onwards — both sides, regardless of which direction price breaks. On a whipsaw day where OR breaks up then reverses, your downside targets are already plotted and ready. On a trend day: take partial profits at T+0.5, trail stop to the OR boundary, hold remaining position for T+1.0. On a tight OR day: T+0.5 is reached faster and tends to act as support/resistance for a second leg. Size accordingly. OR Quality Rating Compares today's OR range width against a rolling 5-day average and labels it , , or . A Tight OR on low VIX is a coil — expect a sharp directional move once it breaks. A Wide OR on high VIX is noise — the range itself is unreliable and retests are harder to read. A Normal OR is the cleanest condition for standard R/R2 entries. Coil Detection When price is trapped inside the OR with VPC bands compressing, the HUD flags a Squeeze state with a bar count. The longer the squeeze, the more violent the expansion. Do not fade a coil. Wait for direction and trade the R. 2. VIX-Anchored Statistical Range India VIX is converted into an exact point range for the session. This tells you the statistical ceiling and floor the options market is pricing in — before you place a single trade. The critical detail: the anchor ignores the 9:15 AM opening tick, which is frequently distorted by pre-market order imbalances. Instead it locks to the 9:20 AM stabilized price — the first clean price after the market has absorbed the open. The HUD displays this as an absolute price range (e.g. 23850 – 24248) so you can read it directly against the chart without any mental arithmetic. VIX Ceiling and Floor lines are plotted as permanent horizontal lines from market open. When price approaches these lines late in the session with ADR reading Exhausted, you are at the statistical boundary of the day's move. This is where the PM reversal setup forms. VIX Regime is also classified in the HUD: High VIX (>18) — wider stops, smaller size, more signal noise. Every threshold on every indicator is less reliable today. Normal VIX (13–18) — standard operating conditions. Low VIX (<13) — tight ranges, clean retests, higher mechanical accuracy. 3. Volume Price Channel (VPC) The VPC is a volume-weighted band system that defines the intraday structure in real time. Three zones: Extended▲ — price is above the upper band. Trend is strong. Do not short. Bull Zone — price is between mid and upper band. Bullish bias, look for longs. Bear Zone — price is between mid and lower band. Bearish bias, look for shorts. Extended▼ — price is below the lower band. Trend is strong. Do not buy. The VPC Mid-line is the session's centre of gravity. Price above mid favours longs. Price below favours shorts. A VWAP Carry from the prior session tells you which side institutions started the day on. HTF Matrix A live feed of the 15m, 30m, and 1H VPC states shown as B▲ / B▼ / E▲ / E▼ / ⚪. When all three timeframes agree — B▲|B▲|E▲ — the bias is confirmed and full-size entries are justified. When they conflict — B▲|⚪|B▼ — reduce to quarter size or skip. The HTF matrix is the single most important filter before pulling the trigger on an R entry. Runaway Filter When the VPC Mid-line velocity exceeds threshold, the HUD flags RUNAWAY and the Gap Strategy row switches to "No Fade." This means the move is institutional and one-directional. Do not counter-trade it. Wait for a structural pullback to a level before considering any entry. PM Session VWAP A secondary VWAP automatically anchors at 1:30 PM to track fresh afternoon institutional flow. Treat this as the reference level for all PM session trades — not the morning VWAP, which is now stale. 4. ADR Skew and Capacity The 5-day Average Daily Range is tracked in real time and displayed in three layers of information: Percentage consumed — how much of today's statistical range has been used. Direction skew — which direction holds the exhaustion. ↑ means the upside range is consumed. Longs are chasing a spent move. ↓ means the downside range is consumed. Shorts are chasing a spent move. ↔ means the range is balanced. Both directions still have room. Three-tier label : Consumed (0–60%) — statistical fuel available in both directions. Used (60–85%) — one more leg possible, then expect mean reversion. Exhausted (>85%) — the day's move is statistically complete. New trend entries have negative expectancy from here. When ADR reads Exhausted ↑ and price is approaching the VIX Ceiling, you have a confluence of two independent statistical boundaries. This is the highest probability PM reversal setup in the system. 5. Institutional Order Flow Fair Value Gaps — highlights structural price imbalances where institutions left orders unfilled. When price gaps through a zone too fast for both sides to transact, it leaves a magnet on the chart. IntraEdge marks these zones and automatically removes them the moment price returns to fill them. No manual cleanup. Liquidity Sweeps — flags when price briefly breaks PDH, PDL, or OR boundaries with a wick and immediately closes back inside. This is stop-hunting, not a genuine breakout. The sweep itself often marks the reversal point. Volume Absorption — marks high-volume doji candles where buyers and sellers are matching each other in size. Directional resolution follows. Absorption at a key level is a high-probability entry trigger. Exhaustion Nodes — arrows at swing extremes where volume spikes with a long wick at a 10-bar high or low. The institutional participation that drove the move is now reversing. Do not chase. Look for the fade. 1H Doji Radar — detects indecision, gravestone, and dragonfly doji formations on the hourly chart and marks them on your intraday chart. An hourly gravestone doji at the VIX Ceiling is a reversal warning on two independent systems simultaneously. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📖 Session Playbook ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Phase 1 — The Open (9:15 – 9:45) Read the HUD before touching the keyboard. Do not trade during this phase. Gap Strategy — read this first. If the gap has held for 60 minutes with session low above PDC, the HUD flags Launchpad: DO NOT SHORT . This is a session-wide mandate. No short trades for the rest of the day regardless of what other signals appear. If the gap is fading toward PDC, watch for Gap Fill flag and potential reversal at PDC. VWAP Carry — read this second. Bull Carry + Gap Up = trend day bias. Expect OR break up, R entry, hold to T+1.0. Bear Carry + Gap Up = conflicted. Expect either a gap fade or a choppy range day. Reduce size expectations. Bear Carry + Gap Down = trend day bias to the downside. Bull Carry + Gap Down = watch for gap fill reversal. VIX Regime — read this third. High VIX today means every stop needs to be wider and every size needs to be smaller. Reduce standard position size by at least 30% on High VIX days before the session begins. Phase 2 — The Breakout Window (9:45 – 12:00) This is the primary trading window. The majority of the day's directional move happens here. The entry sequence: 1. OR seals at 9:45. Note the OR High, OR Low, and OR quality rating. 2. Wait for price to break cleanly above OR High or below OR Low. 3. Do not enter on the breakout candle. 4. Wait for the R label — the retest of the broken level. 5. Before entering, run the confirmation checklist: ✅ HTF Matrix shows at least 2 of 3 timeframes aligned with break direction ✅ VWAP Dist not showing ⚠ (price not already overextended from VWAP) ✅ ADR Capacity not at Exhausted ✅ Not within 20 minutes of Dead Zone All four true → standard size entry. Two or three true → half size or skip. One or zero true → skip. Target management: First target: T+0.5. Take 50% off here. Trail stop to OR boundary on remaining position. Second target: T+1.0. Exit remainder or trail further on strong trend days. Phase 3 — The Dead Zone (12:00 – 13:30) Institutional volume drops to near zero in this window. Breakouts that look clean will reverse. Ranges that look like coils will fake out. The chart background dims automatically and the HUD Session row counts down to this phase from 11:30 AM. Rule: No new trend entries during the Dead Zone. You may hold existing positions from Phase 2. You may not open new ones. The only acceptable activity is managing existing trades and preparing the PM session watchlist. Phase 4 — PM Session (13:30 – 15:30) Fresh institutional flow re-enters at 1:30 PM. A new PM VWAP anchors automatically on the chart. Use this as the reference level for all afternoon trades — not the morning VWAP. The primary PM setup is a reversal or fade at a statistical boundary, not a trend continuation. The confluence setup: ✅ Price has reached the VIX Ceiling or VIX Floor ✅ ADR Capacity reads Exhausted (>85%) in the direction of the move ✅ An Exhaustion arrow or Liquidity Sweep visible at that level ✅ HTF Matrix shows at least one timeframe turning against the trend All four → high probability PM reversal. Size at standard. Three → take the trade at half size. Two or fewer → observe only. After 3:00 PM the HUD counts down to close. No new entries once the Session row shows "Closes in 20m." Options decay accelerates in the final 20 minutes and risk-reward collapses. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚡ Alert Suite — 20 Conditions ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Every key event has a pre-configured alert. Set them once, monitor from your phone. The most important alert is the R Retest — set this and you do not need to watch the chart every bar during Phase 2. OR Break UP / DN — fires the moment the OR boundary is breached R Retest UP / DN — fires when the first entry label prints R2 Retest UP / DN — fires when the second entry label prints VWAP Reclaim / Reject — fires on VWAP cross in either direction Launchpad UP / DN — fires when the session-wide directional mandate activates Coil Alert — fires when VPC squeeze inside OR reaches threshold ADR Exhausted — fires when daily range crosses 90% consumed Gap Filled — fires when the morning gap is closed Liquidity Sweeps — fires on PDH/PDL/OR wick reversals Exhaustion Nodes — fires at extreme volume swing points Volume Absorption — fires on institutional doji volume Bull / Bear FVG Created — fires when a new imbalance zone forms Momentum Alert — fires on RUNAWAY trend detection ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚙️ Settings and Compatibility ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Designed for: Nifty 50, BankNifty, Sensex (NSE index charts) Recommended timeframes: 5m primary, 3m or 1m for precision entries OR window: Default 9:15–9:45. Fully adjustable for 15-min OR or custom end time. All mathematics auto-scale to your active timeframe. Switch between 1m, 3m, and 5m without changing any settings. Futures volume routing is active by default on index charts, pulling volume from the active Nifty futures contract for accurate VPC calculation. Strike step auto-detects the instrument: 50-point intervals for Nifty, 100-point intervals for BankNifty and Sensex. Previous Week H/L is toggled off by default to reduce visual noise. Enable from settings when weekly swing context is relevant.
Pine Script® 인디케이터
muralikumar의
5
SB - Print MachineIntraday Trading, Observation - Nifty 50, Trade - Nifty Options, Buying only Rules for Call Options Buying - Observe Nifty 50 Index 1. VWDEMA turns Green (Bullish). 2. VDema turns Green and crossing VWDEMA upside (Bullish). 3. ATR turns Green (Bullish) 4. VPC background turns Green (Bullish). Now Enter Call Side and enjoy the day.... Rules for Put Options Buying - Observe Nifty 50 Index 1. VWDEMA turns Red (Bearish). 2. VDema turns Red and crossing VWDEMA Downside (Bearish). 3. ATR turns Green (Bearish) 4. VPC background turns Red (Bearish). Now Enter Put Side and enjoy the day..... Exit Rules - As per your own appitite :) Settings : VWDEMA Length - 44 VDEMA Length - 21 ATR Length - 14 ATR Multiplier - 1.5 BB - Ignore (Disable/Hide) Pivot Calculation Method - Wick Pivot Left Length (Low/High) - 4 Pivot Right Length (Low/High) - 1 Pivot Lebels - Enable All Pivot Markers - Disable All Pivot Values - Disable All VPC Length - 14 VPC Time Frame - 3 Minutes Main Chart Time Frame - 5 Minutes Display Settings - As per your own eye comfort Note - All/Many parameters used here are customisable and come with a dynamic colour coding(Different colour code for uptrend and downtrend) Settings shared here are best suited to me in terms of output. You can check for your own the settings which suits you the best. Good Luck !!
Pine Script® 인디케이터
abhishek5780의
SB - Print MachineIntraday Trading (Buying Only), Observation - Nifty 50, Trade - Nifty options (ATM) Rules Call Options (ATM): 1. VWDEMA turns Green (Bullish) 2. VDema turns Green and crossing VWDema upside (Bullish) 3. ATR turns Green (Bullish) 4. VCP background turns Green (Bullish) Rules Put Options (ATM): 1. VWDEMA turns Red (Bearish) 2. VDema turns Red and crossing VWDema downside (Bearish) 3. ATR turns Red (Bearish) 4. VCP background turns Red (Bearish) Indicator Settings : 1. VWDEMA Length - 44 2. VDema Length - 21 3. ATR Length - 14 4. ATR Multiplier - 1.5 5. BB - Ignore and Skip (Hide) 6. Pivot Calculation Method - Wick 7. Pivot Left Length (Low/High) - 4 8. Pivot Right Length (Low/High) - 1 9. Pivot Levels - Enable All 10. Pivot Markers - Disable 11. Pivot Values - Disable 12. VPC Length - 14 13. VPC Time Frame - 3 Minutes 14. Main Chart Time Frame - 5 Minutes Display Settings : As per your eye comfort Note - All settings are customisable here and most are with dynamic colour code (Different colours for upside and downside movement) Setting shown here are used by me and deliver good results to me only, you can find out your own settings which suits you the best. Good Luck !!
Pine Script® 인디케이터
abhishek5780의
EMA Cross + RSI + ADX - Autotrade Strategy V2Overview A versatile trend-following strategy combining EMA 9/21 crossovers with RSI momentum filtering and optional ADX trend strength confirmation. Designed for both cryptocurrency and traditional futures/options markets with built-in stop loss management and automated position reversals. Key Features Multi-Market Compatibility: Works on both crypto futures (Bitcoin, Ethereum) and traditional markets (NIFTY, Bank NIFTY, S&P 500 futures, equity options) Triple Confirmation System: EMA crossover + RSI filter + ADX strength (optional) Automated Risk Management: 2% stop loss with wick-touch detection Position Auto-Reversal: Opposite signals automatically close and reverse positions Webhook Ready: Six distinct alert messages for automation (Entry Buy/Sell, Close Long/Short, SL Hit Long/Short) Performance Metrics NIFTY Futures (15min): 50%+ win rate with ADX filter OFF Crypto Markets: Requires extensive backtesting before live deployment Optimal Timeframes: 15-minute to 1-hour charts (patience required for higher timeframes) Strategy Logic Entry Signals: LONG: EMA 9 crosses above EMA 21 + RSI > 55 + ADX > 20 (if enabled) SHORT: EMA 9 crosses below EMA 21 + RSI < 45 + ADX > 20 (if enabled) Exit Signals: Opposite EMA crossover (auto-closes current position) Stop loss hit at 2% from entry price (tracks candle wicks) Technical Indicators: Fast EMA: 9-period (short-term trend) Slow EMA: 21-period (primary trend) RSI: 14-period with 55/45 thresholds (momentum confirmation) ADX: 14-period with 20 threshold (trend strength filter - optional) Market-Specific Settings Traditional Markets (NIFTY, Bank NIFTY, S&P Futures, Options) Recommended Settings: ADX Filter: Turn OFF (less choppy, cleaner trends) Timeframe: 15-minute chart Win Rate: 50%+ on NIFTY Futures Why No ADX: Traditional markets have more institutional participation and smoother price action, making ADX unnecessary Cryptocurrency Markets (BTC, ETH, Altcoins) Recommended Settings: ADX Filter: Turn ON (ADX > 20) Timeframe: 15-minute to 1-hour Extensive backtesting required before live trading Why ADX: Crypto markets are highly volatile and prone to false breakouts; ADX filters low-quality chop Best Practices ✅ Backtest thoroughly on your specific instrument and timeframe ✅ Use larger timeframes (1H, 4H) for higher quality signals and better risk/reward ✅ Adjust RSI thresholds based on market volatility (try 52/48 for more signals, 60/40 for fewer but stronger) ✅ Monitor ADX effectiveness - disable for traditional markets, enable for crypto ✅ Proper position sizing - adjust default_qty_value based on your capital and instrument price ✅ Paper trade first - test for 2-4 weeks before risking real capital Risk Management Fixed 2% stop loss per trade (adjustable) Stop loss tracks candle wicks for accurate execution Positions auto-reverse on opposite signals (no manual intervention needed) 0.075% commission built into backtest (adjust for your broker) Customization Options All parameters are adjustable via inputs: EMA periods (default: 9/21) RSI length and thresholds (default: 14-period, 55/45 levels) ADX length and threshold (default: 14-period, 20 threshold) Stop loss percentage (default: 2%) Webhook Automation This strategy includes six distinct alert messages for automated trading: "Entry Buy" - Long position opened "Entry Sell" - Short position opened "Close Long" - Long position closed on opposite crossover "Close Short" - Short position closed on opposite crossover "SL Hit Long" - Long stop loss triggered "SL Hit Short" - Short stop loss triggered Compatible with Delta Exchange, Binance Futures, 3Commas, Alertatron, and other webhook platforms. Important Notes ⚠️ Crypto markets require extensive backtesting - volatility patterns differ significantly from traditional markets ⚠️ Higher timeframes = better results - 15min works but 1H/4H provide cleaner signals ⚠️ ADX toggle is critical - OFF for traditional markets, ON for crypto ⚠️ Not financial advice - always conduct your own research and use proper risk management ⚠️ Past performance ≠ future results - backtest results may not reflect live trading conditions Disclaimer This strategy is for educational and informational purposes only. Trading futures and options involves substantial risk of loss. Always backtest thoroughly, start with paper trading, and never risk more than you can afford to lose. The author assumes no responsibility for any trading losses incurred using this strategy.
Pine Script™ 전략
varuns_back의
6
Friday & Monday HighlighterFriday & Monday Institutional Range Marker — Know Where Big Firms Set the Trap! 🧠 Description This indicator automatically highlights Friday and Monday sessions on your chart — days when institutional players and algorithmic firms (like Citadel, Jane Street, or Tower Research) quietly shape the upcoming week’s price structure. 🔍 Why Friday & Monday matter Friday : Large institutions often book profits or hedge into the weekend. Their final-hour moves reveal the next week’s bias. Monday : Big players rebuild positions, absorbing liquidity left behind by retail traders. Together, these two days define the range traps and breakout zones that often control price action until midweek. > In short, the Friday–Monday high and low often act as invisible walls — guiding scalpers, option sellers, and swing traders alike. 🧩 What this tool does ✅ Highlights Friday (red) and Monday (green) sessions ✅ Adds optional day labels above bars ✅ Works across all timeframes (best on 15min to 1hr charts) ✅ Helps you visually identify where institutions likely built their positions Use it to quickly spot: * Range boundaries that trap traders * Gap zones likely to get filled * High–low sweeps before reversals ⚙️ Recommended Use 1. Mark Friday’s high–low → Watch for liquidity sweeps on Monday. 2. When Monday holds above Friday’s high , breakout continuation is likely. 3. When Monday fails below Friday’s low , expect a reversal or trap. 4. Combine this with OI shifts, IV crush, and FII–DII flow data for confirmation. ⚠️ Disclaimer This indicator is for **educational and analytical purposes only**. It does **not constitute financial advice** or a trading signal. Markets are dynamic — always perform your own research before trading or investing.
Pine Script® 인디케이터
JoanJagan의
SmartPlusSmartPlus Overview The SmartPlus indicator is a complete framework for intraday traders. It combines key market reference points (VWAP, moving averages, and the first 15-minute high/low range) with predictive levels based on historical daily moves. Together, these elements allow traders to build directional bias, spot breakouts, and manage risk throughout the session. Key Features 1. VWAP (Volume-Weighted Average Price) - Plots the intraday VWAP in real time. - VWAP acts as a central “fair value” reference point for institutional order flow. - Price trading above VWAP generally suggests bullish bias, while below VWAP leans bearish. 2. Exponential Moving Averages (EMAs) - Two configurable EMAs are included: - Fast EMA (default: 21 periods) - Slow EMA (default: 34 periods) - Each EMA is plotted with a single, user-selectable color for clarity. - Crossovers or alignment between price, VWAP, and EMAs help define market structure. 3. Smart Bar Coloring - Candles automatically change color when conditions align: - Bull Zone: Price above VWAP, Fast EMA, and Slow EMA. - Bear Zone: Price below VWAP, Fast EMA, and Slow EMA. - Fluorescent bar coloring helps highlight momentum zones visually without additional analysis. 4. First 15-Minute High/Low/Mid (Automatic) - Automatically detects the first 15 minutes of each new trading day (no manual input required). - Plots horizontal lines for: - First 15-Minute High (green) - First 15-Minute Low (red) - Midpoint of that range (gray) - Once the initial 15-minute window ends, these levels remain projected throughout the session as breakout or support/resistance zones. - Alerts trigger when price breaks above the high or below the low after the window. 5. Daily Support/Resistance Forecast - Uses a rolling lookback of recent daily ranges (default: 126 days). - Tracks average up moves and down moves from the daily open. - Optionally incorporates standard deviation for wider confidence bands. - Plots forecast levels above/below the current day’s open for reference. Trading Logic (How to Use) - Bullish Bias: - Price is above VWAP, above both EMAs, and ideally above the first 15-minute high. - This setup suggests trend continuation or breakout opportunities on the long side. - Bearish Bias: - Price is below VWAP, below both EMAs, and ideally below the first 15-minute low. - This setup suggests downward pressure or breakout opportunities on the short side. - Neutral / Caution Zone: - Price caught between VWAP, EMAs, or inside the 15-minute range often signals indecision. - Best to wait for confirmation or breakout before committing to trades. Expectations After Using It - The script provides context and structure, not trading signals. - It highlights where price is relative to meaningful market levels so traders can act with greater confidence. - Combining VWAP, EMAs, and the 15-minute breakout framework helps traders stay aligned with the market’s natural rhythm. Disclaimer This script is a tool for market analysis and educational purposes only. It does not constitute financial advice, trading recommendations, or guaranteed profitability. Markets are inherently risky, and past patterns do not ensure future results. Always combine this tool with sound risk management, personal research, and professional guidance before making any trading decisions.
Pine Script® 인디케이터
moneypots의
2
Nifty Power -> Nifty 50 chart + EMA of RSI + avg volume strategyThis strategy works in 1 hour candle in Nifty 50 chart. In this strategy, upward trade takes place when there is a crossover of RSI 15 on EMA50 of RSI 15 and volume is greater than volume based EMA21. On the other hand, lower trade takes place when RSI 15 is less than EMA50 of RSI 15. Please note that there is no stop loss given and also that the trade will reverse as per the trend. Sometimes on somedays, there will be no trades. Also please note that this is an Intraday strategy. The trade if taken closes on 15:15 in Nifty 50. This strategy can be used for swing trading. Some pine script code such as supertrend and ema21 of close is redundant. Try not to get confused as only EMA50 of RSI 15 is used and EMA21 of volume is used. I am using built-in pinescript indicators and there is no special calculation done in the pine script code. I have taken numbars variable to count number of candles. For example, if you have 30 minuite chart then numbars variable will count the intraday candles accordingly and the same for 1 hour candles.
Pine Script™ 전략
Archer_Trade의
Straddle Charts - Live (Enhanced)Track options straddles with ease using the Straddle Charts - Live (Enhanced) indicator! Originally inspired by @mudraminer, this Pine Script v5 tool visualizes live call, put, and straddle prices for instruments like BANKNIFTY. Plotting call (green), put (red), and straddle (black) prices in a separate pane, it offers real-time insights for straddle strategy traders. Key Features: Live Data: Fetches 1-minute (customizable) option prices with error handling for invalid symbols. Price Table: Displays call, put, straddle prices, and percentage change in a top-left table. Volatility Alerts: Highlights bars with straddle price changes above a user-defined threshold (default 5%) with a yellow background and concise % labels. Robust Design: Prevents plot errors with na checks and provides clear error messages. How to Use: Input your call/put option symbols (e.g., NSE:NIFTY250814C24700), set the timeframe, and adjust the volatility threshold. Monitor straddle costs and volatility for informed trading decisions. Perfect for options traders seeking a simple, reliable tool to track straddle performance. Check it out and share your feedback!
Pine Script® 인디케이터
mudraminer의
NSE/BSE Derivative - Next Expiry Date With HolidaysNSE & BSE Expiry Tracker with Holiday Adjustments This Pine Script is a TradingView indicator that helps traders monitor upcoming expiry dates for major Indian derivative contracts. It dynamically adjusts these expiry dates based on weekends and holidays, and highlights any expiry that falls on the current day. ⸻ Key Features 1. Tracks Expiry Dates for Major Contracts The script calculates and displays the next expiry dates for the following instruments: • NIFTY (weekly expiry every Thursday) • BANKNIFTY, FINNIFTY, MIDCPNIFTY, NIFTYNXT50 (monthly expiry on the last Thursday of the month) • SENSEX (weekly expiry every Tuesday) • BANKEX and SENSEX 50 (monthly expiry on the last Tuesday of the month) • Stocks in the F&O segment (monthly expiry on the last Thursday) 2. Holiday Awareness Users can input a list of holiday dates in the format YYYY-MM-DD,YYYY-MM-DD,.... If any calculated expiry falls on one of these holidays or a weekend, the script automatically adjusts the expiry to the previous working day (Monday to Friday). 3. Customization Options The user can: • Choose the position of the expiry table on the chart (e.g. top right, bottom left). • Select the font size for the expiry table. • Enable or disable the table entirely (if implemented as an input toggle). 4. Visual Expiry Highlighting If today is an expiry day for any instrument, the script highlights that instrument in the display. This makes it easy to spot significant expiry days, which are often associated with increased volatility and trading volume. ⸻ How It Works • The script calculates the next expiry for each index using built-in date/time functions. • For weekly expiries, it finds the next occurrence of the designated weekday. • For monthly expiries, it finds the last Thursday or Tuesday of the month. • Each expiry date is passed through a check to adjust for holidays or weekends. • If today matches the adjusted expiry date, that row is visually emphasized. ⸻ Use Case This script is ideal for traders who want a quick glance at which instruments are expiring soon — especially those managing options, futures, or expiry-based strategies.
Pine Script® 인디케이터
jabez4jc의
JJ Highlight Time Ranges with First 5 Minutes and LabelsTo effectively use this Pine Script as a day trader , here’s how the various elements can help you manage trades, track time sessions, and monitor price movements: Key Components for a Day Trader: 1. First 5-Minute Highlight: - Purpose: Day traders often rely on the first 5 minutes of the trading session to gauge market sentiment, watch for opening price gaps, or plan entries. This script draws a horizontal line at the high or low of the first 5 minutes, which can act as a key level for the rest of the day. - How to Use: If the price breaks above or below the first 5-minute line, it can signal momentum. You might enter a long position if the price breaks above the first 5-minute high or a short if it breaks below the first 5-minute low. 2. Session Time Highlights: - Morning Session (9:15–10:30 AM): The market often shows its strongest price action during the first hour of trading. This session is highlighted in yellow. You can use this highlight to focus on the most volatile period, as this is when large institutional moves tend to occur. - Afternoon Session (12:30–2:55 PM): The blue highlight helps you track the mid-afternoon session, where liquidity may decrease, and price action can sometimes be choppier. Day traders should be more cautious during this period. - How to Use: By highlighting these key times, you can: - Focus on key breakouts during the morning session. - Be more conservative in your trades during the afternoon, as market volatility may drop. 3. Dynamic Labels: - Top/Bottom Positioning: The script places labels dynamically based on the selected position (Top or Bottom). This allows you to quickly glance at the session's start and identify where you are in terms of time. - How to Use: Use these labels to remind yourself when major time segments (morning or afternoon) begin. You can adjust your trading strategy depending on the session, e.g., being more aggressive in the morning and more cautious in the afternoon. Trading Strategy Suggestions: 1. Momentum Trades: - After the first 5 minutes, use the high/low of that period to set up breakout trades. - Long Entry: If the price breaks the high of the first 5 minutes (especially if there's a strong trend). - Short Entry: If the price breaks the low of the first 5 minutes, signaling a potential downtrend. 2. Session-Based Strategy: - Morning Session (9:15–10:30 AM): - Look for strong breakout patterns such as support/resistance levels, moving average crossovers, or candlestick patterns (like engulfing candles or pin bars). - This is a high liquidity period, making it ideal for executing quick trades. - Afternoon Session (12:30–2:55 PM): - The market tends to consolidate or show less volatility. Scalping and mean-reversion strategies work better here. - Avoid chasing big moves unless you see a clear breakout in either direction. 3. Support and Resistance: - The first 5-minute high/low often acts as a key support or resistance level for the rest of the day. If the price holds above or below this level, it’s an indication of trend continuation. 4. Breakout Confirmation: - Look for breakouts from the highlighted session time ranges (e.g., 9:15 AM–10:30 AM or 12:30 PM–2:55 PM). - If a breakout happens during a key time window, combine that with other technical indicators like volume spikes , RSI , or MACD for confirmation. --- Example Day Trader Usage: 1. First 5 Minutes Strategy: After the market opens at 9:15 AM, watch the price action for the first 5 minutes. The high and low of these 5 minutes are critical levels. If the price breaks above the high of the first 5 minutes, it might indicate a strong bullish trend for the day. Conversely, breaking below the low may suggest bearish movement. 2. Morning Session: After the first 5 minutes, focus on the **9:15 AM–10:30 AM** window. During this time, look for breakout setups at key support/resistance levels, especially when paired with high volume or momentum indicators. This is when many institutions make large trades, so price action tends to be more volatile and predictable. 3. Afternoon Session: From 12:30 PM–2:55 PM, the market might experience lower volatility, making it ideal for scalping or range-bound strategies. You could look for reversals or fading strategies if the market becomes too quiet. Conclusion: As a day trader, you can use this script to: - Track and react to key price levels during the first 5 minutes. - Focus on high volatility in the morning session (9:15–10:30 AM) and **be cautious** during the afternoon. - Use session-based timing to adjust your strategies based on the time of day.
Pine Script® 인디케이터
JoanJagan의
2
Nifty Top Gainers/Losers [ar]Nifty Top Gainers/Losers - Real-time Market Performance Tracker A powerful indicator that monitors and displays real-time performance of 40 major Nifty stocks in a clean, organized table format. Perfect for traders seeking instant market breadth insights. Key Features: • Dynamic advances/declines counter at the top • Real-time percentage change calculations • Color-coded display (green for gainers, red for losers) • Customizable reference points (Previous Day Close/Today's Open) • Optional background color based on market breadth • Flexible top gainers/losers limit setting Customization Options: - Adjust colors for gainers and losers - Set transparency for background - Modify the number of top performers to display - Add/remove symbols from the watchlist - Choose calculation reference (Previous Day Close/Today's Open) Ideal for: - Day traders monitoring market momentum - Investors tracking sector rotation - Analysts studying market breadth - Portfolio managers seeking quick market overview This indicator helps identify market leaders and laggards at a glance, making it an essential tool for informed trading decisions.
Pine Script® 인디케이터
anupamram의
15
Options Series - Technical Analysis Chart➤ Simple Technical Chart Only: ➤ With MA-20 Overlay and Volatility background bars: ➤ With RSI Candles: ⭐ Overview and How It Works: This script provides a multi-asset analysis tool to assess various market conditions across four symbols simultaneously. It combines several indicators such as daily price change, Moving Averages (MA), Bollinger Bands (BB), Parabolic SAR, RSI, and VWAP to generate buy/sell signals and trend indicators. Its strength lies in the layered use of indicators to enhance signal reliability, making it valuable for traders needing cross-validation in decision-making. ⭐ Key Features and Functionality: The script evaluates each symbol's price against various indicators and conditions: Daily Price Conditions: It checks if each symbol’s close price is above or below the previous day’s open, close, and intra-day ranges, forming a foundational bullish/bearish condition. Range Breakout 1st 5min Candle (ORB): Opening Range Breakout levels are calculated and compared with current close prices, detecting breakout/breakdown conditions. ORB Body: This basically calculates the previous day Daily candle body size, if todays Daily candle body size is greater than previous day, then we can say that we are having good momentum else its likely to be in-sidebar trading. Moving Averages (MA): It leverages EMA-20, 2-day, and 3-day exponential moving averages to gauge short to medium-term trends. RSI and VWAP: Relative Strength Index (RSI) determines overbought or oversold conditions, while VWAP compares prices to volume-weighted levels. Bollinger Bands and Trend Analysis: Detects volatility and potential breakout conditions. Concept of ORB Body: Current_PrevDay_Body = (math.max(var_Current_PrevD_Open, var_Current_PrevD_Close) - math.min(var_Current_PrevD_Open, var_Current_PrevD_Close)) Current_Upper_ORB = var_Current_D_Open + Current_PrevDay_Body Current_Lower_ORB = var_Current_D_Open - Current_PrevDay_Body Current_TodayDay_Body = math.max(var_Current_D_Open, var_Current_Close) - math.min(var_Current_D_Open, var_Current_Close) Current_ORBBody = Current_TodayDay_Body > Current_PrevDay_Body Current_Upper_ORB_bull = (var_Current_Close > Current_Upper_ORB) Current_Lower_ORB_bear = (var_Current_Close < Current_Lower_ORB) 🎨 Visualizations and User Experience: The script can dynamically display colored backgrounds indicating trends when conditions are met. For example, the bgcolor function changes the background when certain trend-based criteria are satisfied, offering visual cues to users. Additionally, the checkbox input toggles trend bar visualizations, enhancing user experience by providing a quick visual reference without needing to interpret individual data points manually. RSI-Based Candle Coloring: ➤ The script customizes candle colors based on RSI thresholds, specifically defining upper (60) and lower (40) RSI levels. When the RSI value exceeds the upper threshold, candles are colored as bullish (green), and if it falls below the lower threshold, candles are colored as bearish (red). Neutral RSI values result in a default color (gray). ➤ This setup offers a visually intuitive way to identify potential trend directions based on RSI levels, making it ideal for traders looking to gauge momentum visually​. ⭐ Settings and Customization: With multiple user-configurable inputs, the script allows for tailored analysis. Customizable parameters, such as enabling/disabling trend bars and setting various look-back periods for indicators like Bollinger Bands and Moving Averages, make it adaptable to various trading styles and preferences. It also allows users to modify visual elements like colors and styles, improving flexibility. ⭐ Uniqueness of the Concept: The unique aspect of this script is its multi-symbol approach combined with complex conditions. By comparing not only one but four symbols simultaneously, it provides a broader market view and allows traders to correlate signals across different assets, offering a potential edge for diversified or comparative strategies. Additionally, the incorporation of ORB and multi-timeframe MAs gives it a robustness often lacking in simpler single-symbol scripts. 🚀 Conclusion: This script is a powerful multi-indicator tool suited for traders looking for a comparative, multi-symbol analysis. With features like ORB, Bollinger Band-based trend detection, and MA cross-verification, it can assist traders in identifying and validating trend signals across assets. The user-friendly visualizations and customizable settings further enhance its usability, making it versatile for various trading strategies and preferences.
Pine Script® 인디케이터
Options_Series의
1
Relative volume zone + Smart Order Flow Dynamic S/ROverview: The Relative Volume Zone + Smart Order Flow with Dynamic S/R indicator is designed to help traders identify key trading opportunities by combining multiple technical components. This script integrates relative volume analysis, order flow detection, VWAP, RSI filtering, and dynamic support and resistance levels to offer a comprehensive view of the market conditions. It is particularly effective on shorter timeframes (M5, M15), making it suitable for scalping and day trading strategies. Key Components: 1. Relative Volume Zones: • The script calculates the relative volume by comparing the current volume with the average volume over a defined lookback period (volLookback). When the relative volume exceeds a specified multiplier (volMultiplier), it indicates a high volume zone, signaling potential accumulation or distribution areas. • Purpose: Identifies high-volume trading zones that may act as significant support or resistance, indicating possible entry or exit points. 2. Smart Order Flow Analysis: • The indicator uses Volume Delta (the difference between buying and selling volume) and a Cumulative Delta to detect order imbalances in the market. • Order Imbalance is identified using a moving average of the Volume Delta (orderImbalance), which helps highlight hidden buying or selling pressure. • Purpose: Reveals market sentiment by showing whether buyers or sellers dominate the market, aiding in the identification of trend reversals or continuations. 3. VWAP (Volume Weighted Average Price): • VWAP is calculated over a default daily length (vwapLength) to show the average price a security has traded at throughout the day, based on both volume and price. • Purpose: Provides insight into the fair value of the asset, indicating whether the market is in an accumulation or distribution phase. 4. RSI (Relative Strength Index) Filter: • RSI is used to filter buy and sell signals, preventing trades in overbought or oversold conditions. It is calculated using a specified period (rsiPeriod). • Purpose: Reduces false signals and improves trade accuracy by only allowing trades when RSI conditions align with volume and order flow signals. 5. Dynamic Support and Resistance Levels: • The script dynamically plots support and resistance levels based on recent swing highs and lows (swingLookback). • Purpose: Identifies potential reversal zones where price action may change direction, allowing for more precise entry and exit points. How It Works: • Buy Signal: A buy signal is generated when: • The price enters a high-volume zone. • The price crosses above a 5-period moving average. • The cumulative delta shows more buying pressure (cumulativeDelta > SMA of cumulativeDelta). • The RSI is below 70 (not in overbought conditions). • Sell Signal: A sell signal is generated when: • The price enters a high-volume zone. • The price crosses below a 5-period moving average. • The cumulative delta shows more selling pressure (cumulativeDelta < SMA of cumulativeDelta). • The RSI is above 30 (not in oversold conditions). • Dynamic Support and Resistance Lines: Drawn based on recent swing highs and lows, these lines provide context for potential price reversals or breakouts. • VWAP and Order Imbalance Lines: Plotted to show the average traded price and highlight order flow shifts, helping to validate buy/sell signals. How to Use: 1. Apply the Indicator: Add the script to your chart and adjust the settings to match your trading style and preferred timeframe (optimized for M5/M15). 2. Interpret the Signals: Use the buy and sell signals in conjunction with dynamic support/resistance, VWAP, and order imbalance lines to identify high-probability trade setups. 3. Monitor Alerts: Set alerts for significant order flow events to receive notifications when there is a positive or negative order imbalance, indicating potential market shifts. What Makes It Unique: This script is unique because it combines multiple market analysis tools — relative volume zones, smart order flow, VWAP, RSI filtering, and dynamic support/resistance — to provide a well-rounded, multi-dimensional view of the market. This integration allows traders to make more informed decisions by validating signals across various indicators, enhancing overall trading accuracy and effectiveness.
Pine Script® 인디케이터
TradeTechanalysis의
3
TCLC(TraderChitra Learning Class)-Option ChainThis indicator plots the Option chain data of the following instruments and columns.. It plots 11 rows , 5 Rows above the input strike price 1 Row for the input strike price 5 Rows below the input strike price Instruments : 1. NIFTY 2. BANKNIFTY 3. FINNIFTY 4. MIDCPNifty Columns : 1. StrikePrice 2.CMP 3.Volume 4.VWAP 5.Diff (Open-Close) Traders need to change the expiry date to check the premium of the corresponding instruments... There are few key things, 1. Rows in yellow are marked as ATM strike price 2. Cell values in red / green indicates the prices are trading above / below the VWAP The prices are expected to be bullish when cmp trades above VWAP and we can gauge the trend The column Volume provides the details in which strike price more traders are actively traded.. The far month contracts can also be changed in the settings and it helps the swing/positional traders The Strike price can be modified to check the appropriate strikes
Pine Script® 인디케이터
TraderChitra의
17
Inside Bar Setup [as]Inside Bar Setup Indicator Description The **Inside Bar Setup ** indicator is a powerful tool for traders to identify and visualize inside bar patterns on their charts. An inside bar pattern occurs when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low. This pattern can indicate a potential breakout or a continuation of the existing trend. Key Features: 1. **Highlight Inside Bar Patterns:** - The indicator highlights inside bar patterns with distinct colors for bullish and bearish bars. Bullish inside bars are colored with the user-defined bull bar color (default lime), and bearish inside bars are colored with the user-defined bear bar color (default maroon). 2. **Marking Mother Candle High and Low:** - The high and low of the mother candle (the candle preceding the inside bar) are marked with horizontal lines. The high is marked with a green line, and the low is marked with a red line. - These levels are labeled as "Range High" and "Range Low" respectively, with the labels displayed a few bars to the right for clarity. The labels have a semi-transparent background for better visibility. 3. **Target Levels:** - The indicator calculates and plots potential target levels (T1 and T2) for both long and short positions based on user-defined multipliers of the mother candle's range. - For long positions, T1 and T2 are plotted above the mother candle's high. - For short positions, T1 and T2 are plotted below the mother candle's low. - These target levels are optional and can be toggled on or off via the input settings. 4. **Customizable Inputs:** - **Colors:** - Bull Bar Color: Customize the color for bullish inside bars. - Bear Bar Color: Customize the color for bearish inside bars. - **Long Targets:** - Show Long T1: Toggle the display of the first long target. - Show Long T2: Toggle the display of the second long target. - Long T1: Multiplier for the first long target above the mother candle's high. - Long T2: Multiplier for the second long target above the mother candle's high. - **Short Targets:** - Show Short T1: Toggle the display of the first short target. - Show Short T2: Toggle the display of the second short target. - Short T1: Multiplier for the first short target below the mother candle's low. - Short T2: Multiplier for the second short target below the mother candle's low. 5. **New Day Detection:** - The indicator detects the start of a new day and clears the inside bar arrays, ensuring that the pattern detection is always current. #### Usage: - Add the indicator to your TradingView chart. - Customize the inputs to match your trading strategy. - Watch for highlighted inside bars to identify potential breakout opportunities. - Use the marked range highs and lows, along with the calculated target levels, to plan your trades. This indicator is ideal for traders looking to capitalize on inside bar patterns and their potential breakouts. It provides clear visual cues and customizable settings to enhance your trading decisions. Note: This indicator is based on famous 15 min inside bar strategy shared by Subashish Pani on his youtube channel Power of stocks. Please watch his videos to use this indicator for best results.
Pine Script® 인디케이터
anmolsunnysingh의
1
NSE Option Chain This Indicator show Options Data on signal dashboard , that help trader to analyse the market. Options data consist of two things , Call and Put. Every Strike has its Call and Put price. So if user Opens any chart which is traded in options , dashboard will show total 16 Call and 16 Put strikes 8 Above from ATM and 8 Below from ATM. On left hand side of dashboard there is Call data and on right side there is Put data. Call side datas are , Call LTP which is latest price of that call strike , Call Chg which is change in points from previous day close and third is Call % which is % change from previous day close. Same is on put side. Color code is done based on positive or negative of data. If change or % is negative then color is red else green. ATM strike data is plotted in bold Inputs : Spot Symbol Input for Option dashboard Expiry date of that option contract Strike interval between 2 strikes Reference ATM strike ( user should keep this input as current ATM strike ) How to Use : If dashboard shows call side is negative and put side is positive then that means market Bearish , because falling market leads to falling price of call and increase in price of Put. Similarly if put is negative and call is positive then market is bullish. This dashboard give trend conformation , trader should take other conformation also before taking trade.
Pine Script® 인디케이터
KapoorChandra의
38
Nifty 50 5mint Strategy The script defines a specific trading session based on user inputs. This session is specified by a time range (e.g., "1000-1510") and selected days of the week (e.g., Monday to Friday). This session definition is crucial for trading only during specific times. Lookback and Breakout Conditions: The script uses a lookback period and the highest high and lowest low values to determine potential breakout points. The lookback period is user-defined (default is 10 periods). The script also uses Bollinger Bands (BB) to identify potential breakout conditions. Users can enable or disable BB crossover conditions. BB consists of an upper and lower band, with the basis. Additionally, the script uses Dema (Double Exponential Moving Average) and VWAP (Volume Weighted Average Price) . Users can enable or disable this condition. Buy and Sell Conditions: Buy conditions are met when the close price exceeds the highest high within the specified lookback period, Bollinger Bands conditions are satisfied, Dema-VWAP conditions are met, and the script is within the defined trading session. Sell conditions are met when the close price falls below the lowest low within the lookback period, Bollinger Bands conditions are satisfied, Dema-VWAP conditions are met, and the script is within the defined trading session. When either condition is met, it triggers a "long" or "short" position entry. Trailing Stop Loss (TSL): Users can choose between fixed points ( SL by points ) or trailing stop (Profit Trail). For fixed points, users specify the number of points for the stop loss. A fixed stop loss is set at a certain distance from the entry price if a position is opened. For Profit Trail, users can enable or disable this feature. If enabled, the script uses a "trail factor" (lookback period) to determine when to adjust the stop loss. If the price moves in the direction of the trade and reaches a certain level (determined by the trail factor), the stop loss is adjusted, trailing behind the price to lock in profits. If the close price falls below a certain level (lowest low within the trail factor(lookback)), and a position is open, the "long" position is closed (strategy.close("long")). If the close price exceeds a certain level (highest high within the specified trail factor(lookback)), and a position is open, the "short" position is closed (strategy.close("short")). Positions are also closed if they are open outside of the defined trading session. Background Color: The script changes the background color of the chart to indicate buy (green) and sell (red) signals, making it visually clear when the strategy conditions are met. In summary, this script implements a breakout trading strategy with various customizable conditions, including Bollinger Bands, Dema-VWAP crossovers, and session-specific rules. It also includes options for setting stop losses and trailing stop losses to manage risk and lock in profits. The "trail factor" helps adjust trailing stops dynamically based on recent price movements. Positions are closed under certain conditions to manage risk and ensure compliance with the defined trading session. CE=Buy, CE_SL=stoploss_buy, tCsl=Trailing Stop_buy. PE=sell, PE_SL= stoploss_sell, tpsl=Trailing Stop_sell. Remember that trading involves inherent risks, and past performance is not indicative of future results. Exercise caution, manage risk diligently, and consider the advice of financial experts when using this script or any trading strategy.
Pine Script™ 전략
theautotrading의
6