Multi Hourly ATP (Average Trade Price)"Multi-timeframe average trade price" analysis combines two concepts: using the Average Trade Price (ATP) as a benchmark and applying a multi-timeframe analysis (MTFA) trading strategy. The benefits stem from using the ATP for position management and MTFA for better-informed trading decisions.
Benefits of Averaging the Trade Price
Averaging the trade price (using methods like "averaging down" or "averaging up," or the Volume-Weighted Average Price - VWAP) helps investors manage their positions and costs.
Better Cost Basis Assessment: The ATP provides a clear benchmark for your overall cost per share, including fees. This helps you understand your true breakeven point and accurately assess whether a position is currently profitable or at a loss.
Risk Mitigation: In a falling market, buying more shares at a lower price (averaging down) reduces the average purchase price, which means the stock does not have to recover to its initial price for you to break even or make a profit.
Profit Accumulation: In a rising market, buying more shares as the price increases (averaging up or pyramiding) allows you to accumulate more profits if the upward trend continues, increasing your overall position size in a winning trade.
Emotional Discipline: By following a predefined averaging strategy, traders can reduce the impact of emotional decisions like panic selling or holding onto losing trades for too long.
Managing Volatility: Averaging helps smooth out the impact of short-term price fluctuations on your overall portfolio performance, which is particularly useful in volatile markets.
지표 및 전략
QuantLabs Multi Asset Similarity Matrix [V3 Final]The Market is a graph. See the flows:
The QuantLabs MASM is not a standard correlation table. It is an Alpha-Grade Scanner architected to reveal the hidden "hydraulic" relationships between global macro assets in real-time.
Rebuilt from the ground up for Version 3, this engine pushes the absolute limits of the Pine Script™ runtime. It utilizes a proprietary Logarithmic Math Engine, Symmetric Compute Optimization, and a futuristic "Ghost Mode" interface to deliver a 15x15 real-time correlation matrix with zero lag.
Under the Hood: The Quant Architecture
We stripped away standard libraries to build a lean, high-performance engine designed for institutional-grade accuracy.
1. Alpha Math Engine (Logarithmic Returns) Most tools calculate correlation based on Price, which generates spurious signals (e.g., "Everything is correlated in a bull run").
The Solution: Our engine computes Logarithmic Returns (log(close /close )) by default. This measures the correlation of change (Velocity & Vector), not price levels.
The Result: A mathematically rigorous view of statistical relationships that filters out the noise of general market drift.
Dual-Core: Toggle seamlessly between "Alpha Mode" (Log Returns) for verified stats and "Visual Mode" (Price) for trend alignment.
Calculation Modes: Pearson (Standard), Euclidean (Distance), Cosine (Vector), Manhattan (Grid).
2. Symmetric Compute Optimization Calculating a 15x15 matrix requires evaluating 225 unique relationships per bar, which often crashes memory limits.
The Fix: The V3 Engine utilizes Symmetric Logic, recognizing that Correlation(A, B) == Correlation(B, A).
The Gain: By computing only the lower triangle of the matrix and mirroring pointers to the upper triangle, we reduced computational load by 50%, ensuring a lightning-fast data feed even on lower timeframes.
3. Context-Aware "Ghost Mode" The UI is designed for professional traders who need focus, not clutter.
Smart Detection: The matrix automatically detects your current chart's Ticker ID. If you are trading QQQ, the matrix will visually highlight the Nas100 row and column, making them opaque and bright while dimming the rest.
Dynamic Transparency: Irrelevant data ("Noise" < 0.3 correlation) fades into the background. Only significant "Alpha Signals" (> 0.7) glow with full Neon Saturation.
Key Features
Dominant Flow Scanner: The matrix scans all 105 unique pairs every tick and prints the #1 Strongest Correlation at the bottom of the pane (e.g., DOMINANT FLOW: Bitcoin ↔ Nas100 ).
Streak Counter: A "Stubbornness" metric that tracks how many consecutive days a strong correlation has persisted. Instantly identify if a move is a "flash event" or a "structural trend."
Neon Palette: Proprietary color mapping using Electric Blue (+1.0) for lockstep correlation and Deep Red (-1.0) for inverse hedging.
Usage Guide
Placement: Best viewed in a bottom pane (Footer).
Assets: Pre-loaded with the Essential 15 Macro Drivers (Indices, BTC, Gold, Oil, Rates, FX, Key Sectors). Fully editable via settings (Ticker|Name).
Reading the Grid:
🔵 Bright Blue: Assets moving in lockstep (Risk-On).
🔴 Bright Red: Assets moving perfectly opposite (Hedge/Risk-Off).
⚫ Faded/Black: No statistical relationship (Decoupled).
Key Improvements Made:
Formatting: Added clear bullet points and bolding to make it scannable.
Clarity: Clarified the "Logarithmic Returns" section to explain why it matters (Velocity vs. Price Levels).
Tone: Maintained the "high-tech/quant" vibe but removed slightly clunky phrases like "spurious signals" (unless you prefer that academic tone, in which case I left it in as it fits the persona).
Structure: Grouped the "Modes" under the Math Engine for better logic.
Created and designed with love by David James @QuantLabs : )
Unmitigated Cave Diving MTF High Low - BookMap Style Chart
Unmitigated Cave Diving MTF High Low - BookMap Style Chart
Introduction
This Pine Script indicator tracks unmitigated higher timeframe highs and lows with a session-aware approach, inspired by KinetiCapital's X D HL Targets.
Built for precision trading on instruments like NQ during extended trading hours (ETH), it visualizes support and resistance levels that have not yet been breached, helping traders identify key price zones for potential reversals or breakouts.
Core Features
The indicator monitors multi-timeframe levels (default 15-minute) and applies intelligent styling based on recency and survival duration:
Most Recent Levels: The 1st and 2nd most recent unmitigated highs and lows are highlighted with distinct colors and widths for quick visual identification
Session Age Tracking: Levels are categorized by how many full trading sessions (1800-1700 NQ ETH) they've survived unmitigated, with "old" levels receiving special highlighting once they exceed your defined threshold
BookMap-Style Visualization: Clean horizontal lines with optional price labels positioned above highs and below lows for minimal chart clutter
Real-Time Summary Table: Displays the four most recent levels with their prices, distance in points from current price, and session age
Mitigation Logic
Levels automatically update when price touches them - high levels are mitigated when price reaches or exceeds them, while low levels are mitigated when price touches or breaks below. Mitigated levels change to a neutral gray color and can optionally be deleted at session end to preserve chart memory.
This tool is particularly valuable for intraday traders who trade around key structural levels and need to understand which unmitigated zones represent the freshest or most significant price memory in the market.
Heikin Ashi Color Flip StrategyManual HA calculation → no repainting
✔ Entry on first green after red
✔ Exit on first red after green
✔ process_orders_on_close = false → orders execute on next bar open
✔ Logic is clean and readable
How to make it your kind of strategy (next step)
Given your past preferences, the best upgrade is:
• Trade only when price > EMA 21
• Or only when SPY > EMA 50 & VIX < 20
• Exit on price close below EMA 21 (your preferred rule)
Consider the following to increase win rate and decrease drawdown:
• Add EMA-21 exit instead of HA red
• Add SPY/VIX regime filter
• Give you real QQQ daily backtest metrics
• Convert this into a scan/alert-only indicator
Disclaimer:
This indicator is provided for educational and informational purposes only and does not constitute financial, investment, or trading advice. The signals generated by this indicator are not guaranteed to be accurate or profitable. Past performance is not indicative of future results. Trading and investing involve substantial risk, and you should perform your own analysis and consult a qualified financial professional before making any trading decisions. The author is not responsible for any financial losses incurred from the use of this indicator.
IQR Bands boromeyIQR is the price's "comfort zone," covering the middle 50% of activity.
Inside: Just noise. Ignore it.
Breakout: A real move. Pay attention.
It filters out choppy markets so you only catch the true trends.
High Volume Breakout DetectorThis indicator is a dedicated volume analysis tool displayed in a separate pane below the price chart. It visually highlights significant volume surges (spikes) by comparing the current bar's volume to a dynamic threshold based on a Simple Moving Average (SMA) of volume.
Key Concepts and Methodology:
- The core calculation uses a user-configurable Simple Moving Average (default: 20 periods) of historical volume to establish a baseline of "normal" trading activity.
- A customizable multiplier (default: 1.50, meaning 150% of the SMA) defines the threshold for a volume spike. When the current bar's volume meets or exceeds this threshold, it is classified as a spike—indicating unusually high participation that often accompanies breakouts, reversals, climaxes, or institutional activity.
- Volume bars are plotted as columns and colored based on two factors:
- Candle direction: Green shades for bullish candles (close ≥ open), red shades for bearish candles (close < open).
- Spike status: Brighter/solid colors for confirmed spikes, muted/translucent colors for normal volume. This candle-matched coloring helps traders quickly assess whether the surge supports buying pressure (green spike on up candle) or selling/distribution (red spike on down candle).
- Optional overlays include the volume SMA line (blue) and the dynamic threshold line (orange, plotted as circles for easy distinction).
Features and Customization:
- Fully adjustable inputs: SMA length, multiplier threshold, colors for up/down/normal/spike bars, and toggles for showing the SMA line, threshold line, or background highlighting on spikes.
- Built-in alert condition triggers reliably on volume spikes (≥ selected multiplier of SMA), with a constant message string including ticker, timeframe, volume value, and threshold reference.
How to Use:
- Add to any chart in a separate pane (overlay=false).
- Look for brighter colored volume bars as potential signals of conviction in price moves. For example:
- Green spikes on up candles may signal strong accumulation or breakout confirmation.
- Red spikes on down candles may indicate distribution or exhaustion selling.
- Combine with price action, support/resistance, or trend indicators for confluence.
- Ideal for day trading, swing trading, or spotting volume climaxes on stocks, forex, crypto, or futures across any timeframe.
The unique combination of candle-direction-matched coloring for spikes, visual threshold plotting, and focused spike highlighting provides clearer, more actionable insight into directional volume pressure compared to standard volume displays.
Elev8+ Impulse LevelsElev8+ Impulse Levels | Smart Support & Resistance
Ever notice price rejecting “empty” areas on the chart—like it remembered something that isn’t obvious?
That “something” is often Institutional Impulse : footprints left behind by large, aggressive moves that get defended again days or weeks later .
Elev8+ Impulse Levels automatically detects these moments and projects the most important prices forward so you can see the structure most traders miss.
— — —
🧠 How It Works (The Logic)
This is not a typical support/resistance tool. It does not hunt swing highs/lows.
It looks for Market Intent —the “Perfect Storm” when two conditions align:
Volume Spike — buying/selling pressure significantly exceeds average volume (multiplier-based).
Volatility Expansion — the candle body is unusually large relative to recent ATR.
When both occur, the script marks the event and treats the impulse close as a key “line in the sand” that can influence future reactions.
— — —
🎯 How to Use These Levels
The script includes a Smart Line behavior that changes level styling based on how price interacts with it—so you can quickly separate two core setups:
1) The Defense (Bounce)
Visual: 🟢 Solid line (Fresh / Untouched)
What it means: Price has not yet traded through or “invalidated” the level.
What to look for: First return to the level → rejection / bounce behavior.
Why it matters: Large players often defend prior entries; first tests can react sharply.
2) The Flip (Break & Retest)
Visual: ◌ Dotted line (Broken / Re-priced)
What it means: A candle has closed through the level.
What to look for: Price returns to the dotted level from the other side (“kiss”) → continuation.
Why it matters: Broken support can act as resistance (and vice versa), similar to a breaker concept.
— — —
✨ Key Features
Smart Visualization — levels automatically transition from solid → dotted when broken to reduce chart noise.
Impulse Candle Highlighting — see the exact candle that created the level (origin clarity).
Fully Customizable Sensitivity — tune volume + size thresholds for Crypto, Forex, Futures, or Stocks.
— — —
🚀 The Elev8+ Workflow
Think of Impulse Levels as your map : it shows where reactions are most likely.
For entry timing, pair it with Elev8+ Pro Reversal to confirm the moment price reacts at these high-value zones.
— — —
Disclaimer: Trading involves risk. This tool is for educational/technical analysis purposes only and does not guarantee future results.
BTC ETF Average Inflow Cost BasisConcept
Since the historic launch of Bitcoin Spot ETFs on January 11, 2024, institutional flows have become a major driver of price action. This indicator aims to visualize the aggregate Cost Basis (average entry price) of the major Bitcoin ETFs relative to the underlying asset.
It serves as an on-chain proxy for institutional positioning, helping traders identify critical support levels where ETF inflows have historically concentrated.
How it Works
The script aggregates daily volume data from the top Bitcoin ETFs (IBIT, FBTC, ARKB, GBTC, BITB) and compares it against the Bitcoin price (BTCUSDT).
ETF Cost Basis (Pink Line):
This is calculated as a Cumulative Volume-Weighted Average Price (VWAP), anchored specifically to the ETF launch date (Jan 11, 2024).
Formula: It accumulates (BTC Price * Total ETF Volume) and divides it by the Cumulative Total ETF Volume.
This creates a dynamic level representing the "breakeven" price for the aggregate volume traded through these funds.
True Market Mean (Gray Line):
This represents the simple cumulative average of the Bitcoin price since the ETF launch date. It acts as a neutral baseline for the post-ETF market era.
How to Use
Institutional Support: The Cost Basis line often acts as a strong dynamic support level during corrections. When price revisits this level, it suggests the market is returning to the average institutional entry price.
Trend Filter:
Price > Cost Basis: The market is in a net profit state relative to ETF flows (Bullish/Trend continuation).
Price < Cost Basis: The market is in a net loss state (Bearish/Capitulation risk).
Confluence: The intersection of the Cost Basis and the True Market Mean can signal pivotal moments of trend reset.
Features
Data Aggregation: Pulls data from 5 major ETFs via request.security without repainting (using closed bars).
Dashboard: Includes a table in the top-right corner displaying real-time values for Price, Cost Basis, and Market Mean.
Customization: You can toggle individual ETF Moving Averages in the settings (disabled by default due to price scale differences between BTC and ETF shares).
Disclaimer
This tool is for educational purposes only and attempts to estimate institutional cost basis using volume proxies. It does not represent financial advice.
FVG MTF Consensus OscillatorFVG MTF Consensus Oscillator
A multi-timeframe, multi-component oscillator that combines momentum, deviation, and slope analysis across multiple timeframes using Zeiierman's Chebyshev-filtered trend calculation. This indicator identifies potential turning points with zone-based signal classification and timeframe consensus filtering.
Backed by ML/Deep Learning evaluation on ES Futures data from 2015-2024.
🎯 Concept
Traditional oscillators suffer from two major weaknesses:
Single measurement - relying on one metric makes them susceptible to noise
Single timeframe - missing the bigger picture leads to fighting the trend
The FVG MTF Consensus Oscillator addresses both issues by combining three independent measurements across three timeframes into a weighted consensus signal.
The Three Components
Momentum - How fast is the trend moving?
Deviation - How far has price stretched from the trend?
Slope - What is the short-term directional bias?
The Three Timeframes
TF1 (Chart) - Your current chart timeframe (lowest weight)
TF2 (Medium) - Typically 1H or 4H (medium weight)
TF3 (High) - Typically 4H or Daily (highest weight)
By requiring agreement across multiple components AND multiple timeframes, the oscillator filters out noise while capturing meaningful, high-probability market movements.
🔧 How It Works
The Core: Chebyshev Type 1 Filter
At its heart, this indicator uses a Chebyshev Type 1 low-pass filter (inspired by Zeiierman's FVG Trend) to extract a clean trend line from price action. Unlike simple moving averages, the Chebyshev filter offers:
Sharper cutoff between trend and noise
Minimal lag for a given smoothness level
Controlled overshoot via the ripple parameter
Three Oscillator Components
1. Momentum Component
Momentum = Current Trend Value - Previous Trend Value
Measures the velocity of the trend. High positive values indicate strong upward acceleration, while high negative values show downward acceleration.
2. Deviation Component
Deviation = Close Price - Trend Value
Measures how far price has stretched away from the trend line. Useful for identifying overextended conditions and mean reversion opportunities.
3. Slope Component
Slope = Change in Trend over 3 bars
Captures the short-term directional bias of the trend itself, helping confirm trend changes.
Normalization & Component Consensus
Each component is individually normalized to a -100 to +100 scale using adaptive scaling. The oscillator output is a weighted average of all three components, allowing you to emphasize different aspects based on your trading style.
Multi-Timeframe Weighting
The final oscillator value combines all three timeframes using configurable weights:
Combined = (TF1 × Weight1 + TF2 × Weight2 + TF3 × Weight3) / Total Weight
Default weights (1, 2, 3) ensure higher timeframes have more influence, keeping you aligned with the dominant trend while timing entries on lower timeframes.
📊 Zone System
The oscillator uses a fuzzy zone system to classify market conditions:
ZoneRangeInterpretationSignal ColorNeutral-5 to +5No clear bias, avoid tradingGrayContinuation±5 to ±25Trend pullback, continuation setupsAquaDeep Swing±25 to ±50Extended move, stronger setupsGreenReversalBeyond ±50Extreme extension, reversal potentialOrange
When "Show Zone Background" is enabled, the background shading darkens as the oscillator moves into more extreme zones, providing instant visual feedback.
📈 Signal Interpretation
Turn Signals
The indicator plots triangular markers when the oscillator changes direction:
▲ Triangle Up (bottom): Oscillator turning up from a low
▼ Triangle Down (top): Oscillator turning down from a high
Signal Quality by Zone
Not all signals are equal. The signal color indicates which zone the turn occurred in:
ColorZoneProbabilityBest UseGrayNeutralLowAvoid or use very tight stopsAquaContinuationModerateTrend continuation entriesGreenDeep SwingHigherSwing trade entriesOrangeReversalHighestCounter-trend with caution
Timeframe Consensus Filter
Signals only fire when the required number of timeframes agree on direction. With default settings (TF Consensus = 2), at least 2 of 3 timeframes must be moving in the same direction for a signal to trigger.
This prevents:
Taking longs when higher timeframes are bearish
Taking shorts when higher timeframes are bullish
Whipsaws during timeframe disagreement
Trend Coloring
The combined oscillator line changes color based on trend direction:
Light purple (RGB 240, 174, 252): Majority of timeframes trending up
Dark purple (RGB 84, 19, 95): Majority of timeframes trending down
Info Table
When MTF is enabled, a table in the top-right corner displays:
Current oscillator values for each timeframe (TF1, TF2, TF3)
Combined value (CMB)
Color coding: Green = rising, Red = falling
⚙️ Settings Guide
Timeframe Settings
SettingDefaultDescriptionEnable Multi-TimeframeOnMaster switch for MTF functionalityTF1 (Chart)"" (current)First timeframe, typically your chart TFTF2 (Medium)60Second timeframe, typically 1HTF3 (High)240Third timeframe, typically 4HTF1/TF2/TF3 Weight1 / 2 / 3Influence of each TF on combined signal
Timeframe Tips:
Keep TF1 ≤ TF2 ≤ TF3 (ascending order)
For day trading: 5m / 15m / 1H
For swing trading: 1H / 4H / Daily
For position trading: 4H / Daily / Weekly
Display Settings
SettingDefaultDescriptionShow All TimeframesOffDisplay individual TF oscillator linesShow Combined LineOnDisplay the weighted combined oscillatorShow Zone BackgroundOffShade background based on current zone
Trend Filter Settings
SettingDefaultDescriptionTrend Ripple4.0Filter responsiveness (1-10). Higher = faster but more overshootTrend Cutoff0.1Cutoff frequency (0.01-0.5). Lower = smoother trendNormalization Length50Lookback for scaling. Longer = more stable
Component Weights
SettingDefaultDescriptionMomentum Weight1.0Emphasis on trend speedDeviation Weight1.0Emphasis on price stretch from trendSlope Weight1.0Emphasis on short-term trend direction
Component Tips:
For trend-following: Increase Momentum and Slope weights
For mean reversion: Increase Deviation weight
Set any weight to 0 to disable that component
Zone Thresholds
SettingDefaultDescriptionNeutral Zone5Inner boundary (±5 = neutral)Continuation Zone25Middle boundary for continuation setupsDeep Swing Zone50Outer boundary for reversal zone
Adjust based on instrument volatility. More volatile instruments may need wider zones.
Signal Filters
SettingDefaultDescriptionSignal Cooldown3Minimum bars between signalsMin Turn Size2.0Minimum oscillator change for valid turnTF Consensus Required2Minimum TFs agreeing for signal (1-3)
💡 Usage Examples
Example 1: Trend Continuation (Dip Buying)
Setup: Uptrend confirmed by higher timeframes
Check the info table - TF2 and TF3 should show green (rising)
Wait for TF1 to pull back, oscillator enters Continuation zone
Enter on Aqua ▲ signal (turn up with TF consensus)
Stop below recent swing low
Target: Previous high or next resistance
Why it works: You're buying a dip in an established uptrend with multi-timeframe confirmation.
Example 2: Deep Swing Entry
Setup: Extended move showing exhaustion
Oscillator reaches Deep Swing zone (±25 to ±50)
At least 2 TFs start showing the same direction
Enter on Green signal indicating momentum exhaustion
Use tighter stop as the move is already extended
Target: Return to Continuation zone or trend line
Why it works: Extended moves tend to mean-revert. The zone system identifies these opportunities.
Example 3: Reversal Setup (Advanced)
Setup: Extreme extension with diverging timeframes
Oscillator reaches Reversal zone (beyond ±50)
Watch for TF1 to turn while TF3 is still extended
Enter on Orange signal - this is counter-trend!
Use smaller position size and wider stops
Target: Return to Deep Swing or Continuation zone
Why it works: Extreme extensions eventually correct. The orange signal marks high-probability reversal points.
Example 4: Avoiding Bad Trades
What to avoid:
Gray signals in Neutral zone - No edge, random noise
Signals against TF3 direction - Fighting the dominant trend
Signals without TF consensus - Timeframe disagreement = choppy market
Multiple signals in quick succession - Let cooldown filter work
🔬 Multi-Timeframe Analysis Tips
Reading the Info Table
The info table shows real-time oscillator values:
| TF1 | TF2 | TF3 | CMB |
| 23.5 | 45.2 | 67.8 | 52.1 |
All green: Strong uptrend across all timeframes
All red: Strong downtrend across all timeframes
Mixed colors: Potential transition or consolidation
Timeframe Alignment States
TF1TF2TF3Interpretation↑↑↑Strong bull - look for long entries↓↓↓Strong bear - look for short entries↑↑↓Pullback in downtrend - caution on longs↓↓↑Pullback in uptrend - caution on shorts↑↓↑Choppy - reduce position size↓↑↓Choppy - reduce position size
The Power of Consensus
With TF Consensus = 2, signals only fire when 2+ timeframes agree. This single filter eliminates most whipsaws and keeps you aligned with the dominant trend.
For more conservative trading, set TF Consensus = 3 (all timeframes must agree).
⚠️ Important Notes
This indicator does not predict the future. It measures current market conditions and momentum across multiple timeframes.
Always use proper risk management. No indicator is 100% accurate.
Combine with price action. The oscillator works best when confirmed by support/resistance, candlestick patterns, or other confluence factors.
Respect the higher timeframe. When TF3 disagrees, trade smaller or sit out.
Zone signals are probabilistic. Orange (reversal) signals have higher probability but aren't guaranteed reversals.
Adjust settings per instrument. Default settings are optimized for ES Futures but may need tuning for other markets.
🧪 ML/Deep Learning Background
The default parameters and zone thresholds were evaluated using machine learning techniques on ES Futures data spanning 2015-2024. This included:
Optimization of component weights
Zone threshold calibration
Timeframe weight balancing
Signal filter tuning
While past performance doesn't guarantee future results, the parameters represent a data-driven starting point rather than arbitrary defaults.
🙏 Credits
This indicator is inspired by Zeiierman's Multitimeframe Fair Value Gap (FVG) indicator, specifically utilizing concepts from his Chebyshev Type 1 filter implementation for trend calculation.
Original indicator: Multitimeframe Fair Value Gap – FVG (Zeiierman)
📝 Changelog
v1.0
Initial release
Three-component consensus oscillator (Momentum, Deviation, Slope)
Multi-timeframe support with weighted combination
Fuzzy zone classification system
Configurable component and timeframe weights
TF consensus filter for signal quality
Signal cooldown and minimum turn size filters
Real-time info table with TF values
Optional zone background shading
Trappp's Advanced Multi-Timeframe Trading ToolkitThis comprehensive trading script by Trappp provides a complete market analysis framework with multiple timeframe support and resistance levels. The indicator features:
Key Levels:
· Monthly (light blue dashed) and Weekly (gold dashed) levels for long-term context
· Previous day high/low (yellow) with range display
· Pivot-based support/resistance (pink dashed)
· Premarket levels (blue) for pre-market activity
Intraday Levels:
· 1-minute opening candle (red)
· 5-minute (white), 15-minute (green), and 30-minute (purple) session levels
· All intraday levels extend right throughout the trading day
Technical Features:
· EMA 50/200 cross detection with alert labels
· Candlestick pattern recognition near key levels
· Smart proximity detection using ATR
· Automatic daily/weekly/monthly updates
Trappp's script is designed for traders who need immediate visual reference of critical price levels across multiple timeframes, helping identify potential breakouts, reversals, and pattern-based setups with clear, color-coded visuals for quick decision-making.
MARKET CONDITIONS TOOLBOX PROMARKET CONDITIONS TOOLBOX PRO** is a visual market-state dashboard designed to summarize multiple technical conditions of the S&P 500 ETF (SPY) in a single table.
The script pulls SPY data from user-selectable higher timeframes (daily by default) and evaluates several widely used technical indicators, converting each into a simple **Bullish / Neutral / Bearish** status. The results are displayed in a compact table for quick reference.
Indicators included:
-Directional Strength (based on directional movement)
-MACD (positive vs. negative momentum)
-RSI (above or below midpoint)
-Stochastic Oscillator
-CCI
-Momentum Velocity (custom weighted momentum calculation)
-SPY daily candle direction (green/red/neutral)
Each indicator is assessed independently using objective threshold rules (for example, above or below zero or 50). No indicator is modified to repaint or look ahead.
An overall Market Condition is shown:
-Bullish when all indicators and the SPY daily candle align positively
-Bearish* when all indicators and the SPY daily candle align negatively
-Neutral when conditions are mixed
A simplified -Risk Status- (“Risk On”, “Risk Off”, or “Neutral”) mirrors this alignment to provide a high-level market context.
Key characteristics:
-Uses SPY as a broad market proxy
-Multi-timeframe capable via user inputs
-Non-predictive, informational display only
-No alerts, trade entries, exits, or signals
-Designed for market context, not automation
I use this tool really to gauge risk, when i'm paying with the direction of the market, when to risk off.
PMax & MOST SynergyIntroduction
This script brings together two of the most powerful trend-following and volatility-based trailing stop-loss indicators in the technical analysis world: Profit Maximizer (PMax) and Moving Stop Loss (MOST). By merging these two tools into a single, optimized script, this indicator aims to reduce chart clutter while providing a comprehensive trend-tracking solution. Both indicators are integrated with their original logic and default parameters, now fully compatible with the latest Pine Script v5 standards.
Development & Technical Logic
The indicator is designed for versatility, allowing traders to monitor dual layers of protection and trend confirmation.
PMax Integration: It utilizes the volatility-adjusted trailing stop-loss logic combined with a variety of selectable Moving Average types (SMA, EMA, VAR, etc.). In this version, the default PMax settings are pre-configured to utilize the Variable Moving Average (VAR) to ensure smoother trend detection with reduced lag.
MOST Integration: The script includes the Moving Stop Loss (MOST) logic, which provides a dynamic exit strategy based on percentage-based trailing stops.
Visual Enhancements: The PMax line has been visually updated to a distinct Blue color for better clarity, and all secondary signals (Support/Resistance lines and highlights) are set to be optional to keep the interface clean and professional.
Conclusion
This combined version is an ideal tool for trend followers who want to benefit from multiple confirmation layers. Whether you are looking for long-term trend stability with PMax or tactical exit/entry signals with MOST, this script provides the flexibility to adjust both independently. It eliminates the need for multiple indicator slots and offers a unified dashboard for trend analysis across various timeframes and assets.
Acknowledgements
I would like to express my sincere gratitude to the original developers who designed these essential tools:
Kivanc Ozbilgic (@KivancOzbilgic): Thank you for your immense contribution to the trading community and for developing the Profit Maximizer (PMax). Your work continues to be a cornerstone for many traders worldwide.
Ceyhun (@ceyhun): A special thanks for designing the Moving Stop Loss (MOST) indicator. Your innovative approach to trailing stops has significantly improved how we manage risk in the markets.
Market StateIdentifies market regime (Expansion, Crawl, Compression, Reversion, Chop) using VWAP-based auction theory and volatility analysis.
Full Description:
This indicator combines Auction Market Theory with Volatility Regime Detection to classify the current market state and highlight key auction events.
🎯 Market States (Background Colors)
EXPANSION (lime) — Strong directional move, price outside value zone
CRAWL (green) — Trending move with price acceptance
REVERSION (orange) — Mean reversion back to value after deviation
COMPRESSION (blue) — Tight range, accumulation/distribution phase
CHOP (red) — Choppy, directionless price action
📍 Event Markers
ACC↑ / ACC↓ — Price acceptance above/below VWAP (A of B bars closed on one side)
REJ — Rejection at extreme (breakout + long wick)
RCLM — Value reclaim (price returns to value zone)
LOSS — Value loss (price breaks out of value zone)
📊 Key Components
VWAP — Dynamic fair value reference
Value Zone — VWAP ± k×ATR band (configurable)
Range/ATR Ratio — Volatility regime detection
EMA Slope — Trend direction proxy
💡 Trading Logic
COMPRESSION → Wait for breakout
EXPANSION → Follow the trend
REVERSION/REJ → Look for mean reversion trades
CHOP → Avoid or scalp range boundaries
⚙️ Settings
All parameters are fully customizable: ATR length, acceptance window, rejection thresholds, compression/expansion levels, and visual toggles.
Pi Strategy Cross Harmonicsstill customizing this one, buy and sell seems to off on alternate time settings.
a work in progress, see if this works for anyone.
thanks again.
Wide Bodied Bar (WBB) IdentifierThis script is inspired by Peter L.Brandt's Wide Bodied Bar/WBB. It uses ATR to detect the wide bodied bars. Peter prefered WBB's for his entries. I believe this bar made him feel that the breakout is real and will continue on the same direction as the breakout. Enjoy
EMA13-EMA21 Difference Indicator# EMA13-EMA21 Difference Indicator
## Description
This indicator calculates the difference between the 13-period Exponential Moving Average (EMA13) and the 21-period Exponential Moving Average (EMA21), helping traders visually assess short-term market momentum.
**Core Logic:**
- When the difference is positive (green), the short-term EMA is above the long-term EMA, indicating a bullish trend
- When the difference is negative (red), the short-term EMA is below the long-term EMA, indicating a bearish trend
- Crossovers of the zero line can serve as potential trend reversal signals
**Use Cases:**
- Trend direction identification
- Momentum strength analysis
- Entry and exit timing assistance
**Disclaimer:**
This indicator is for reference only. It is recommended to combine it with other technical analysis tools for comprehensive judgment. This does not constitute investment advice.
Better VWAP (Current + Prev) Lines by D-conTired of the basic single VWAP? This indicator gives you multi-timeframe VWAPs (Yearly, Quarterly, Monthly, Weekly) with VAH/VAL bands for both current AND previous periods - all fully customizable with individual colors, styles, and label positioning.
Perfect for traders who need reference levels across different timeframes without cluttering their chart, with smart label management and historical data warnings.
NCL Noise FilterOne of our Favorite Indicators - the NeoChartLabs Noise Filter.
FILTER OUT THE NOISE and focus on the moves that matter, toggle the settings to match your preference.
Or switch the Duration Setting to Institutional on a high timeframe (1W+) to locate great spot buying opportunities near cycle tops and bottoms.
Volume Filter: The volume filter automatically turns OFF when you switch to Major Macro Cycle or Institutional Baseline, as those high-timeframe structural breaks are often valid even on lower relative volume.
You can change the volume requirement by checking the volume of the current breakout bar against its Relative Volume (RVOL) - A setting of 0 turns this OFF.
A common professional standard is to require the breakout volume to be at least 1.5x to 2x higher than the 20-period average volume.
*we recommend using a higher volume setting on low timeframes under the 4HR to reduce false signals.
MTF Filter:
*we recommend to set at least 1 timeframe above your trade (i.e if you enter on the 2hour set to the 4 hour)
It prevents entering trades that are essentially minor pullbacks in a much larger opposing trend.
By integrating a higher timeframe EMA (e.g., a 200-period EMA from a 4x higher timeframe), you can filter out counter-trend trades that have a higher probability of failing.
ATR Filter:
Filters "Fake-Outs": It forces the price to not just "touch" the trendline, but to break it with enough force to clear the current average volatility.
Adaptive: Unlike a fixed pip/dollar amount, the ATR adjusts to the asset. On Bitcoin, the threshold might be $500; on a penny stock, it might be $0.05.
Bullish Cross: The price must close above the support trendline + (0.5 * ATR).
Bearish Cross: The price must close below the resistance trendline - (0.5 * ATR).
MACD Filter:
Bullish Crosses require the MACD Histogram to be increasing (showing positive momentum acceleration).
Bearish Crosses require the MACD Histogram to be decreasing (showing negative momentum acceleration).
RSI Filter:
Bullish Breakout (Cross of the lower/support trendline): You would want the RSI to be rising or above 50, showing that buyers are in control.
Bearish Breakdown (Cross of the upper/resistance trendline): You would want the RSI to be falling or below 50, showing sellers are in control.
Market Structure Shifts (CHoCH) - identifying Trends with bullish/bearish dashed horizontal lines for each CHoCH providing a cleaner visualization of the support or resistance level that price has just violated.
Duration Table for 1Week Charts
Trading Style Fractal Length (p) Pattern Span Confirmation Delay
Standard Swing 2 5 Weeks 2 Weeks
Intermediate Trend 5 11 Weeks 5 Weeks
Major Macro Cycle 10–20 21–41 Weeks 10–20 Weeks
Institutional Baseline 44 ~2 Years ~10 Months
ORB Pro - NY Opening Range Breakout by Elev8+ORB Pro - NY Opening Range Breakout | Smart Support & Resistance
ORB Pro is a comprehensive, professional-grade toolkit designed for intraday traders who rely on the Opening Range Breakout (ORB) strategy.
Unlike standard ORB indicators that simply draw lines, this suite offers a complete dashboard-driven system that monitors four distinct sessions simultaneously, providing real-time status updates and precision alerts.
— — —
🎯 What is the Opening Range Breakout (ORB)?
The Opening Range is the price range established during the first period of the trading session (e.g., the first 15 or 30 minutes). This period represents the initial balance between buyers and sellers. A breakout from this range often signals the likely trend direction for the remainder of the session.
— — —
🚀 Key Features
1. Multi-ORB Monitoring
Stop switching settings constantly. This suite monitors four key ranges at once:
Pre-Market 15m (08:00 – 08:15 ET)
Pre-Market 30m (08:00 – 08:30 ET)
NY Cash Open 15m (09:30 – 09:45 ET)
NY Cash Open 30m (09:30 – 10:00 ET)
2. Smart Status Dashboard
A compact panel in the bottom-right corner gives you the live state of every session:
⏳ Waiting: The session has not started yet.
⚡ Forming: The range is currently being built.
↔️ Range: The range has formed, but price is still contained within the range.
🚀 BULL / 📉 BEAR: A confirmed breakout has occurred.
⛔ OFF: The session is disabled in settings.
3. "Dynamic Resolution" Technology
This is a unique pro feature.
Precision: The script always calculates the High/Low levels using 1-minute data , ensuring your support/resistance lines are pixel-perfect regardless of your chart timeframe.
Flexibility: Breakout signals (Alerts/Labels) are triggered based on your current chart timeframe. This allows you to trade a 5m or 15m breakout strategy while keeping 1m-level precision on your levels.
4. Visual Clarity
Breakout Labels: Automatically plots "BULL" or "BEAR" labels on the exact candle that confirms a breakout.
Profit Targets: Optional toggle to show 1x and 2x profit targets projected from the breakout level.
Time-Bound Signals: Signals are strictly time-bound to the active window to prevent late, low-quality alerts.
— — —
🛠️ How to Use
Add to Chart: Works best on intraday timeframes (1m, 5m, 15m).
Configure: Enable the sessions you trade (e.g., NY 15m) in the settings.
Wait for Forming: Watch the box form live. The dashboard will show "⚡ Forming".
Trade the Break: Wait for a candle Close outside the range. The dashboard will flip to "BULL" or "BEAR" and a label will appear.
Manage Risk: Use the opposite side of the range or the midline as your stop loss.
— — —
⚙️ Settings Overview
Global Settings: Toggle forming boxes, dashboard, and label visibility.
Breakout Method: Choose between Close (safer) or Wick (aggressive) for signal triggers.
Session Groups: Individually enable/disable the 4 distinct sessions and customize their colors/styles.
— — —
📝 Update Notes (Recent)
New PDH/PDL Levels: Added the ability to display Previous Day High and Previous Day Low lines on the chart.
Auto-Update & Cleanup: The PDH/PDL lines now automatically update daily and erase historical lines, ensuring only the current day's levels are visible to keep the chart clean.
Dashboard Positioning: Added a new setting to move the Status Dashboard to any corner of the screen.
Enhanced Customization: Added full styling options in settings for PDH/PDL lines and Dashboard positioning.
— — —
Disclaimer: This tool is for educational and analytical purposes only. Past performance of a strategy does not guarantee future results. Always manage your risk.
Trade Time & Position Duration Monitor (Multi-Entry)Overview
Active Position Hold Timer is a specialized risk management tool designed to track the "psychological time cost" of your trades. Beyond just monitoring price, it focuses on the precise duration your position stays in profit or loss.
Key Features:
Real-time Duration Tracking: Automatically calculates total time in profit vs. loss.
Max Loss Streak: Records the longest continuous time in a losing state.
Multi-Entry Cost Averaging: Supports initial entry plus 2 scale-ins.
Dual Language Interface: Switch between English and Traditional Chinese.
Time-Based Alerts: Set custom alerts for total or consecutive duration.
Calculation Logic:
Baseline Calculation: Starts accumulating once entry time is reached.
Profit/Loss Detection: Compares Close Price to Average Cost on every bar.
Live Update: Uses timenow for second-by-second dashboard updates.
中文說明
本指標專為管理「心理時間成本」而設計。它不僅監控價格，更專注於記錄倉位處於盈虧狀態的精確時間，幫助交易者克服持倉時的心理壓力。
主要功能：
即時時長統計：自動計算總浮盈/浮虧時間，以及當前連續狀態的持續時間。
歷史最大浮虧時長：記錄該筆交易中，最長一次連續虧損的時間壓力。
多筆進場計算：支援初始進場加上兩次加倉，自動繪製動態成本線。
雙語切換：表格界面支援中/英文切換。
多維度警報：可針對總時間或連續時間設定警報，提醒您交易是否持有過久。
計算邏輯：
基準計時：當時間超過進場點後，根據圖表週期累加時長。
盈虧判定：每根 K 棒收盤時，自動比較收盤價與平均成本。
即時秒級更新：加入 **Live Timer** 邏輯，計算當前 K 棒已跳動的時間，確保儀表板數據每秒更新。
壓力追蹤：持續追蹤並記錄最長的連續虧損時長。
EURUSD Pre-London Open Range MarkerEURUSD Pre-London Open Range Marker
This script marks the high and low formed in the pre-London open period on EURUSD, and extends those levels forward once London opens.
It is intended as a neutral reference tool for traders who pay attention to time-based structure around the London session.
What it does
Automatically tracks London time, including daylight-saving changes
Identifies the pre-London open range
Plots the high and low of that range
Extends those levels forward from the London open
Displays the range size (pips)
What it does not do
No trade signals
No alerts
No entries, stops, or targets
No performance claims
This script provides structure only. Interpretation and execution are left to the user.
Intended use
This tool is for traders who:
Trade EURUSD
Care about London session behaviour
Prefer simple, time-based reference levels over indicators
Scope and design
Hard-coded for EURUSD
Pre-London open window is fixed and not user-configurable
Built to prioritise consistency and repeatability over flexibility
Additional context
I use this pre-London range as part of a fully documented, rules-based EURUSD trading system focused on risk management and repeatable execution which I have traded for two years.
The strategy itself is not included here.
Disclaimer
This script is provided for educational and reference purposes only.
All trading involves risk. You are responsible for your own decisions.
One-line link
For those interested in how this range is used within a complete, rules-based EURUSD trading system, further documentation is available here:
