supertrendHere is an extensive library on different variations of supertrend.
Library "supertrend"
supertrend : Library dedicated to different variations of supertrend
supertrend_atr(length, multiplier, atrMaType, source, highSource, lowSource, waitForClose, delayed) supertrend_atr: Simple supertrend based on atr but also takes into consideration of custom MA Type, sources
Parameters:
length : : ATR Length
multiplier : : ATR Multiplier
atrMaType : : Moving Average type for ATR calculation. This can be sma, ema, hma, rma, wma, vwma, swma
source : : Default is close. Can Chose custom source
highSource : : Default is high. Can also use close price for both high and low source
lowSource : : Default is low. Can also use close price for both high and low source
waitForClose : : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
delayed : : if set to true lags supertrend atr stop based on target levels.
Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop
supertrend_bands(bandType, maType, length, multiplier, source, highSource, lowSource, waitForClose, useTrueRange, useAlternateSource, alternateSource, sticky) supertrend_bands: Simple supertrend based on atr but also takes into consideration of custom MA Type, sources
Parameters:
bandType : : Type of band used - can be bb, kc or dc
maType : : Moving Average type for Bands. This can be sma, ema, hma, rma, wma, vwma, swma
length : : Band Length
multiplier : : Std deviation or ATR multiplier for Bollinger Bands and Keltner Channel
source : : Default is close. Can Chose custom source
highSource : : Default is high. Can also use close price for both high and low source
lowSource : : Default is low. Can also use close price for both high and low source
waitForClose : : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
useTrueRange : : Used for Keltner channel. If set to false, then high-low is used as range instead of true range
useAlternateSource : - Custom source is used for Donchian Chanbel only if useAlternateSource is set to true
alternateSource : - Custom source for Donchian channel
sticky : : if set to true borders change only when price is beyond borders.
Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop
supertrend_zigzag(length, history, useAlternateSource, alternateSource, source, highSource, lowSource, waitForClose, atrlength, multiplier, atrMaType) supertrend_zigzag: Zigzag pivot based supertrend
Parameters:
length : : Zigzag Length
history : : number of historical pivots to consider
useAlternateSource : - Custom source is used for Zigzag only if useAlternateSource is set to true
alternateSource : - Custom source for Zigzag
source : : Default is close. Can Chose custom source
highSource : : Default is high. Can also use close price for both high and low source
lowSource : : Default is low. Can also use close price for both high and low source
waitForClose : : Considers source for direction change crossover if checked. Else, uses highSource and lowSource.
atrlength : : ATR Length
multiplier : : ATR Multiplier
atrMaType : : Moving Average type for ATR calculation. This can be sma, ema, hma, rma, wma, vwma, swma
Returns: dir : Supertrend direction
supertrend : BuyStop if direction is 1 else SellStop
스크립트에서 "high low"에 대해 찾기
taLibrary "ta"
█ OVERVIEW
This library holds technical analysis functions calculating values for which no Pine built-in exists.
Look first. Then leap.
█ FUNCTIONS
cagr(entryTime, entryPrice, exitTime, exitPrice)
It calculates the "Compound Annual Growth Rate" between two points in time. The CAGR is a notional, annualized growth rate that assumes all profits are reinvested. It only takes into account the prices of the two end points — not drawdowns, so it does not calculate risk. It can be used as a yardstick to compare the performance of two instruments. Because it annualizes values, the function requires a minimum of one day between the two end points (annualizing returns over smaller periods of times doesn't produce very meaningful figures).
Parameters:
entryTime : The starting timestamp.
entryPrice : The starting point's price.
exitTime : The ending timestamp.
exitPrice : The ending point's price.
Returns: CAGR in % (50 is 50%). Returns `na` if there is not >=1D between `entryTime` and `exitTime`, or until the two time points have not been reached by the script.
█ v2, Mar. 8, 2022
Added functions `allTimeHigh()` and `allTimeLow()` to find the highest or lowest value of a source from the first historical bar to the current bar. These functions will not look ahead; they will only return new highs/lows on the bar where they occur.
allTimeHigh(src)
Tracks the highest value of `src` from the first historical bar to the current bar.
Parameters:
src : (series int/float) Series to track. Optional. The default is `high`.
Returns: (float) The highest value tracked.
allTimeLow(src)
Tracks the lowest value of `src` from the first historical bar to the current bar.
Parameters:
src : (series int/float) Series to track. Optional. The default is `low`.
Returns: (float) The lowest value tracked.
█ v3, Sept. 27, 2022
This version includes the following new functions:
aroon(length)
Calculates the values of the Aroon indicator.
Parameters:
length (simple int) : (simple int) Number of bars (length).
Returns: ( [float, float ]) A tuple of the Aroon-Up and Aroon-Down values.
coppock(source, longLength, shortLength, smoothLength)
Calculates the value of the Coppock Curve indicator.
Parameters:
source (float) : (series int/float) Series of values to process.
longLength (simple int) : (simple int) Number of bars for the fast ROC value (length).
shortLength (simple int) : (simple int) Number of bars for the slow ROC value (length).
smoothLength (simple int) : (simple int) Number of bars for the weigted moving average value (length).
Returns: (float) The oscillator value.
dema(source, length)
Calculates the value of the Double Exponential Moving Average (DEMA).
Parameters:
source (float) : (series int/float) Series of values to process.
length (simple int) : (simple int) Length for the smoothing parameter calculation.
Returns: (float) The double exponentially weighted moving average of the `source`.
dema2(src, length)
An alternate Double Exponential Moving Average (Dema) function to `dema()`, which allows a "series float" length argument.
Parameters:
src : (series int/float) Series of values to process.
length : (series int/float) Length for the smoothing parameter calculation.
Returns: (float) The double exponentially weighted moving average of the `src`.
dm(length)
Calculates the value of the "Demarker" indicator.
Parameters:
length (simple int) : (simple int) Number of bars (length).
Returns: (float) The oscillator value.
donchian(length)
Calculates the values of a Donchian Channel using `high` and `low` over a given `length`.
Parameters:
length (int) : (series int) Number of bars (length).
Returns: ( [float, float, float ]) A tuple containing the channel high, low, and median, respectively.
ema2(src, length)
An alternate ema function to the `ta.ema()` built-in, which allows a "series float" length argument.
Parameters:
src : (series int/float) Series of values to process.
length : (series int/float) Number of bars (length).
Returns: (float) The exponentially weighted moving average of the `src`.
eom(length, div)
Calculates the value of the Ease of Movement indicator.
Parameters:
length (simple int) : (simple int) Number of bars (length).
div (simple int) : (simple int) Divisor used for normalzing values. Optional. The default is 10000.
Returns: (float) The oscillator value.
frama(source, length)
The Fractal Adaptive Moving Average (FRAMA), developed by John Ehlers, is an adaptive moving average that dynamically adjusts its lookback period based on fractal geometry.
Parameters:
source (float) : (series int/float) Series of values to process.
length (int) : (series int) Number of bars (length).
Returns: (float) The fractal adaptive moving average of the `source`.
ft(source, length)
Calculates the value of the Fisher Transform indicator.
Parameters:
source (float) : (series int/float) Series of values to process.
length (simple int) : (simple int) Number of bars (length).
Returns: (float) The oscillator value.
ht(source)
Calculates the value of the Hilbert Transform indicator.
Parameters:
source (float) : (series int/float) Series of values to process.
Returns: (float) The oscillator value.
ichimoku(conLength, baseLength, senkouLength)
Calculates values of the Ichimoku Cloud indicator, including tenkan, kijun, senkouSpan1, senkouSpan2, and chikou. NOTE: offsets forward or backward can be done using the `offset` argument in `plot()`.
Parameters:
conLength (int) : (series int) Length for the Conversion Line (Tenkan). The default is 9 periods, which returns the mid-point of the 9 period Donchian Channel.
baseLength (int) : (series int) Length for the Base Line (Kijun-sen). The default is 26 periods, which returns the mid-point of the 26 period Donchian Channel.
senkouLength (int) : (series int) Length for the Senkou Span 2 (Leading Span B). The default is 52 periods, which returns the mid-point of the 52 period Donchian Channel.
Returns: ( [float, float, float, float, float ]) A tuple of the Tenkan, Kijun, Senkou Span 1, Senkou Span 2, and Chikou Span values. NOTE: by default, the senkouSpan1 and senkouSpan2 should be plotted 26 periods in the future, and the Chikou Span plotted 26 days in the past.
ift(source)
Calculates the value of the Inverse Fisher Transform indicator.
Parameters:
source (float) : (series int/float) Series of values to process.
Returns: (float) The oscillator value.
kvo(fastLen, slowLen, trigLen)
Calculates the values of the Klinger Volume Oscillator.
Parameters:
fastLen (simple int) : (simple int) Length for the fast moving average smoothing parameter calculation.
slowLen (simple int) : (simple int) Length for the slow moving average smoothing parameter calculation.
trigLen (simple int) : (simple int) Length for the trigger moving average smoothing parameter calculation.
Returns: ( [float, float ]) A tuple of the KVO value, and the trigger value.
pzo(length)
Calculates the value of the Price Zone Oscillator.
Parameters:
length (simple int) : (simple int) Length for the smoothing parameter calculation.
Returns: (float) The oscillator value.
rms(source, length)
Calculates the Root Mean Square of the `source` over the `length`.
Parameters:
source (float) : (series int/float) Series of values to process.
length (int) : (series int) Number of bars (length).
Returns: (float) The RMS value.
rwi(length)
Calculates the values of the Random Walk Index.
Parameters:
length (simple int) : (simple int) Lookback and ATR smoothing parameter length.
Returns: ( [float, float ]) A tuple of the `rwiHigh` and `rwiLow` values.
stc(source, fast, slow, cycle, d1, d2)
Calculates the value of the Schaff Trend Cycle indicator.
Parameters:
source (float) : (series int/float) Series of values to process.
fast (simple int) : (simple int) Length for the MACD fast smoothing parameter calculation.
slow (simple int) : (simple int) Length for the MACD slow smoothing parameter calculation.
cycle (simple int) : (simple int) Number of bars for the Stochastic values (length).
d1 (simple int) : (simple int) Length for the initial %D smoothing parameter calculation.
d2 (simple int) : (simple int) Length for the final %D smoothing parameter calculation.
Returns: (float) The oscillator value.
stochFull(periodK, smoothK, periodD)
Calculates the %K and %D values of the Full Stochastic indicator.
Parameters:
periodK (simple int) : (simple int) Number of bars for Stochastic calculation. (length).
smoothK (simple int) : (simple int) Number of bars for smoothing of the %K value (length).
periodD (simple int) : (simple int) Number of bars for smoothing of the %D value (length).
Returns: ( [float, float ]) A tuple of the slow %K and the %D moving average values.
stochRsi(lengthRsi, periodK, smoothK, periodD, source)
Calculates the %K and %D values of the Stochastic RSI indicator.
Parameters:
lengthRsi (simple int) : (simple int) Length for the RSI smoothing parameter calculation.
periodK (simple int) : (simple int) Number of bars for Stochastic calculation. (length).
smoothK (simple int) : (simple int) Number of bars for smoothing of the %K value (length).
periodD (simple int) : (simple int) Number of bars for smoothing of the %D value (length).
source (float) : (series int/float) Series of values to process. Optional. The default is `close`.
Returns: ( [float, float ]) A tuple of the slow %K and the %D moving average values.
supertrend(factor, atrLength, wicks)
Calculates the values of the SuperTrend indicator with the ability to take candle wicks into account, rather than only the closing price.
Parameters:
factor (float) : (series int/float) Multiplier for the ATR value.
atrLength (simple int) : (simple int) Length for the ATR smoothing parameter calculation.
wicks (simple bool) : (simple bool) Condition to determine whether to take candle wicks into account when reversing trend, or to use the close price. Optional. Default is false.
Returns: ( [float, int ]) A tuple of the superTrend value and trend direction.
szo(source, length)
Calculates the value of the Sentiment Zone Oscillator.
Parameters:
source (float) : (series int/float) Series of values to process.
length (simple int) : (simple int) Length for the smoothing parameter calculation.
Returns: (float) The oscillator value.
t3(source, length, vf)
Calculates the value of the Tilson Moving Average (T3).
Parameters:
source (float) : (series int/float) Series of values to process.
length (simple int) : (simple int) Length for the smoothing parameter calculation.
vf (simple float) : (simple float) Volume factor. Affects the responsiveness.
Returns: (float) The Tilson moving average of the `source`.
t3Alt(source, length, vf)
An alternate Tilson Moving Average (T3) function to `t3()`, which allows a "series float" `length` argument.
Parameters:
source (float) : (series int/float) Series of values to process.
length (float) : (series int/float) Length for the smoothing parameter calculation.
vf (simple float) : (simple float) Volume factor. Affects the responsiveness.
Returns: (float) The Tilson moving average of the `source`.
tema(source, length)
Calculates the value of the Triple Exponential Moving Average (TEMA).
Parameters:
source (float) : (series int/float) Series of values to process.
length (simple int) : (simple int) Length for the smoothing parameter calculation.
Returns: (float) The triple exponentially weighted moving average of the `source`.
tema2(source, length)
An alternate Triple Exponential Moving Average (TEMA) function to `tema()`, which allows a "series float" `length` argument.
Parameters:
source (float) : (series int/float) Series of values to process.
length (float) : (series int/float) Length for the smoothing parameter calculation.
Returns: (float) The triple exponentially weighted moving average of the `source`.
trima(source, length)
Calculates the value of the Triangular Moving Average (TRIMA).
Parameters:
source (float) : (series int/float) Series of values to process.
length (int) : (series int) Number of bars (length).
Returns: (float) The triangular moving average of the `source`.
trima2(src, length)
An alternate Triangular Moving Average (TRIMA) function to `trima()`, which allows a "series int" length argument.
Parameters:
src : (series int/float) Series of values to process.
length : (series int) Number of bars (length).
Returns: (float) The triangular moving average of the `src`.
trix(source, length, signalLength, exponential)
Calculates the values of the TRIX indicator.
Parameters:
source (float) : (series int/float) Series of values to process.
length (simple int) : (simple int) Length for the smoothing parameter calculation.
signalLength (simple int) : (simple int) Length for smoothing the signal line.
exponential (simple bool) : (simple bool) Condition to determine whether exponential or simple smoothing is used. Optional. The default is `true` (exponential smoothing).
Returns: ( [float, float, float ]) A tuple of the TRIX value, the signal value, and the histogram.
uo(fastLen, midLen, slowLen)
Calculates the value of the Ultimate Oscillator.
Parameters:
fastLen (simple int) : (series int) Number of bars for the fast smoothing average (length).
midLen (simple int) : (series int) Number of bars for the middle smoothing average (length).
slowLen (simple int) : (series int) Number of bars for the slow smoothing average (length).
Returns: (float) The oscillator value.
vhf(source, length)
Calculates the value of the Vertical Horizontal Filter.
Parameters:
source (float) : (series int/float) Series of values to process.
length (simple int) : (simple int) Number of bars (length).
Returns: (float) The oscillator value.
vi(length)
Calculates the values of the Vortex Indicator.
Parameters:
length (simple int) : (simple int) Number of bars (length).
Returns: ( [float, float ]) A tuple of the viPlus and viMinus values.
vzo(length)
Calculates the value of the Volume Zone Oscillator.
Parameters:
length (simple int) : (simple int) Length for the smoothing parameter calculation.
Returns: (float) The oscillator value.
williamsFractal(period)
Detects Williams Fractals.
Parameters:
period (int) : (series int) Number of bars (length).
Returns: ( [bool, bool ]) A tuple of an up fractal and down fractal. Variables are true when detected.
wpo(length)
Calculates the value of the Wave Period Oscillator.
Parameters:
length (simple int) : (simple int) Length for the smoothing parameter calculation.
Returns: (float) The oscillator value.
█ v7, Nov. 2, 2023
This version includes the following new and updated functions:
atr2(length)
An alternate ATR function to the `ta.atr()` built-in, which allows a "series float" `length` argument.
Parameters:
length (float) : (series int/float) Length for the smoothing parameter calculation.
Returns: (float) The ATR value.
changePercent(newValue, oldValue)
Calculates the percentage difference between two distinct values.
Parameters:
newValue (float) : (series int/float) The current value.
oldValue (float) : (series int/float) The previous value.
Returns: (float) The percentage change from the `oldValue` to the `newValue`.
donchian(length)
Calculates the values of a Donchian Channel using `high` and `low` over a given `length`.
Parameters:
length (int) : (series int) Number of bars (length).
Returns: ( [float, float, float ]) A tuple containing the channel high, low, and median, respectively.
highestSince(cond, source)
Tracks the highest value of a series since the last occurrence of a condition.
Parameters:
cond (bool) : (series bool) A condition which, when `true`, resets the tracking of the highest `source`.
source (float) : (series int/float) Series of values to process. Optional. The default is `high`.
Returns: (float) The highest `source` value since the last time the `cond` was `true`.
lowestSince(cond, source)
Tracks the lowest value of a series since the last occurrence of a condition.
Parameters:
cond (bool) : (series bool) A condition which, when `true`, resets the tracking of the lowest `source`.
source (float) : (series int/float) Series of values to process. Optional. The default is `low`.
Returns: (float) The lowest `source` value since the last time the `cond` was `true`.
relativeVolume(length, anchorTimeframe, isCumulative, adjustRealtime)
Calculates the volume since the last change in the time value from the `anchorTimeframe`, the historical average volume using bars from past periods that have the same relative time offset as the current bar from the start of its period, and the ratio of these volumes. The volume values are cumulative by default, but can be adjusted to non-accumulated with the `isCumulative` parameter.
Parameters:
length (simple int) : (simple int) The number of periods to use for the historical average calculation.
anchorTimeframe (simple string) : (simple string) The anchor timeframe used in the calculation. Optional. Default is "D".
isCumulative (simple bool) : (simple bool) If `true`, the volume values will be accumulated since the start of the last `anchorTimeframe`. If `false`, values will be used without accumulation. Optional. The default is `true`.
adjustRealtime (simple bool) : (simple bool) If `true`, estimates the cumulative value on unclosed bars based on the data since the last `anchor` condition. Optional. The default is `false`.
Returns: ( [float, float, float ]) A tuple of three float values. The first element is the current volume. The second is the average of volumes at equivalent time offsets from past anchors over the specified number of periods. The third is the ratio of the current volume to the historical average volume.
rma2(source, length)
An alternate RMA function to the `ta.rma()` built-in, which allows a "series float" `length` argument.
Parameters:
source (float) : (series int/float) Series of values to process.
length (float) : (series int/float) Length for the smoothing parameter calculation.
Returns: (float) The rolling moving average of the `source`.
supertrend2(factor, atrLength, wicks)
An alternate SuperTrend function to `supertrend()`, which allows a "series float" `atrLength` argument.
Parameters:
factor (float) : (series int/float) Multiplier for the ATR value.
atrLength (float) : (series int/float) Length for the ATR smoothing parameter calculation.
wicks (simple bool) : (simple bool) Condition to determine whether to take candle wicks into account when reversing trend, or to use the close price. Optional. Default is `false`.
Returns: ( [float, int ]) A tuple of the superTrend value and trend direction.
vStop(source, atrLength, atrFactor)
Calculates an ATR-based stop value that trails behind the `source`. Can serve as a possible stop-loss guide and trend identifier.
Parameters:
source (float) : (series int/float) Series of values that the stop trails behind.
atrLength (simple int) : (simple int) Length for the ATR smoothing parameter calculation.
atrFactor (float) : (series int/float) The multiplier of the ATR value. Affects the maximum distance between the stop and the `source` value. A value of 1 means the maximum distance is 100% of the ATR value. Optional. The default is 1.
Returns: ( [float, bool ]) A tuple of the volatility stop value and the trend direction as a "bool".
vStop2(source, atrLength, atrFactor)
An alternate Volatility Stop function to `vStop()`, which allows a "series float" `atrLength` argument.
Parameters:
source (float) : (series int/float) Series of values that the stop trails behind.
atrLength (float) : (series int/float) Length for the ATR smoothing parameter calculation.
atrFactor (float) : (series int/float) The multiplier of the ATR value. Affects the maximum distance between the stop and the `source` value. A value of 1 means the maximum distance is 100% of the ATR value. Optional. The default is 1.
Returns: ( [float, bool ]) A tuple of the volatility stop value and the trend direction as a "bool".
Removed Functions:
allTimeHigh(src)
Tracks the highest value of `src` from the first historical bar to the current bar.
allTimeLow(src)
Tracks the lowest value of `src` from the first historical bar to the current bar.
trima2(src, length)
An alternate Triangular Moving Average (TRIMA) function to `trima()`, which allows a
"series int" length argument.
My:HTF O/H/L/C█ MY Higher Time Frame Open / High / Low / Close
This indicator shows one line per Higher Time Frame Price of Interest.
We are interested to know whether we are currently seeing support or resistance at previous daily / weekly / monthly price of interest.
Each price of interest can be displayed or hidden in the configuration. Each line has a label attached to it with the (short) label on it to help identifying what is this line.
Price of interest with (short) label :
Current Daily Open (CDO)
Current Daily High (CDH)
Current Daily Low (CDL)
Previous Daily Open (PDO)
Previous Daily High (PDH)
Previous Daily Low (PDL)
Previous Daily Close (PDC)
Current Weekly Open (CWO)
Current Weekly High (CWH)
Current Weekly Low (CWL)
Previous Weekly Open (PWO)
Previous Weekly High (PWH)
Previous Weekly Low (PWL)
Previous Weekly Close (PWC)
Current Monthly Open (CMO)
Current Monthly High (CMH)
Current Monthly Low (CML)
Previous Monthly Open (PMO)
Previous Monthly High (PMH)
Previous Monthly Low (PML)
Previous Monthly Close (PMC)
Strat Assistant FTC OnlyStrat Assistant FTC Only
----------------------------
█ OVERVIEW
This script is intended to provide full time frame continuity information for almost all time frames (3, 5, 15, 30, 60, 4H, Day, Week, Month, Quarter)
When added, the script provides a visual indicator to the right at the current price level with indicators for the various time frames in terms of price action and candle type.
█ DETAIL
----------
Output
Time Frames: 3min, 5min, 15min, 30min, 60min, 4 Hour, Day, Week, Month Quarter
Time Frame Labels: 3, 5, 15, 30, 60, H, 4H, D, W, M, Q
Current Candle Time Frame Price Action: displayed below time frame labels. RED + Arrow Down (open > close) or GREEN + Arrow Up (open =< close)
Time Frame Compare: displayed above time frame labels. Current high/low vs prior high/low are compared. IN = Inside/Yellow (current high/low inside prior), O = Outside/Fuchsia (current high/low both greater and less than prior high/low), 2U = Up/Green (current high higher than prior, and low not lower), 2D = Down/Red (current lows lower than prior lows, and high not higher)
Will not show time frames lower than the one currently selected
Best Practices
----------
Had to decouple this from the other scripts because Trading View limits how much you can plot/show
May be a little slow at times, analyzing a lot of time periods/data be patient.
MA DerivativesMA Derivatives basicly using Ichimoku Cloud and some additional moving averages for traders.
A. ICHIMOKU
Tenkan-sen (Conversion Line): (9-period high + 9-period low)/2
On a daily chart , this line is the midpoint of the 9-day high-low range, which is almost two weeks.
Kijun-sen (Base Line): (26-period high + 26-period low)/2
On a daily chart , this line is the midpoint of the 26-day high-low range, which is almost one month.
Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2
This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as “Leading” because it is plotted 26 periods in the future and forms the faster Cloud boundary.
Senkou Span B (Leading Span B): (52-period high + 52-period low)/2
On the daily chart , this line is the midpoint of the 52-day high-low range, which is a little less than 3 months. The default calculation setting is 52 periods, but it can be adjusted. This value is plotted 26 periods in the future and forms the slower Cloud boundary.
Chikou Span: Represents the closing price and is plotted 26 days back.
Kumo Cloud: Kumo cloud between Senkuo Span A and Senkou Span B lines. It can be green or red. Color can be change with the trend.
You can use Ichimoku for buy&sell strategy
For Buying Strategy
- Tenkansen (Conversion Line) should crossover Kijunsen (Base line) above the highest line of cloud
- Price should be above the highest line of cloud
- Chikouspan should be above the cloud
For Selling Strategy
- Kijunsen (Base Line) should crossover Tenkansen (Conversion Line) below the lowest line of cloud
- Price should be below the lowest line of cloud
- Chikouspan should be below the cloud
B. SIMPLE MOVING AVERAGES
The indicator has some of Simple Moving Averages
It includes:
-Simple Moving Average 50
-Simple Moving Average 100
-Simple Moving Average 200
C. EXPONENTIAL MOVING AVERAGES
The indicator has some of Simple Moving Averages
It includes:
-Exponential Moving Average 9
-Exponential Moving Average 21
-Exponential Moving Average 50
D. BOLLINGER BAND
Bollinger Bands are a type of price envelope developed by John BollingerOpens in a new window. (Price envelopes define upper and lower price range levels.) Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price.
Bollinger Bands use 2 parameters, Period and Standard Deviations, StdDev. The default values are 20 for period, and 2 for standard deviations, although you may customize the combinations.
Bollinger bands help determine whether prices are high or low on a relative basis. They are used in pairs, both upper and lower bands and in conjunction with a moving average. Further, the pair of bands is not intended to be used on its own. Use the pair to confirm signals given with other indicators.
How this indicator works
When the bands tighten during a period of low volatility, it raises the likelihood of a sharp price move in either direction. This may begin a trending move. Watch out for a false move in opposite direction which reverses before the proper trend begins.
When the bands separate by an unusual large amount, volatility increases and any existing trend may be ending.
Prices have a tendency to bounce within the bands' envelope, touching one band then moving to the other band. You can use these swings to help identify potential profit targets. For example, if a price bounces off the lower band and then crosses above the moving average, the upper band then becomes the profit target.
Price can exceed or hug a band envelope for prolonged periods during strong trends. On divergence with a momentum oscillator, you may want to do additional research to determine if taking additional profits is appropriate for you.
A strong trend continuation can be expected when the price moves out of the bands. However, if prices move immediately back inside the band, then the suggested strength is negated.
Calculation
First, calculate a simple moving average. Next, calculate the standard deviation over the same number of periods as the simple moving average. For the upper band, add the standard deviation to the moving average. For the lower band, subtract the standard deviation from the moving average.
Typical values used:
Short term: 10 day moving average, bands at 1.5 standard deviations. (1.5 times the standard dev. +/- the SMA)
Medium term: 20 day moving average, bands at 2 standard deviations.
Long term: 50 day moving average, bands at 2.5 standard deviations.
E. ADJUSTABLE MOVING AVERAGES
And this script has also 2 adjustable moving average
- 1 Adjustable Simple Moving Average
- 1 Adjustable Exponential Moving Average
You can just change the length for using this tool.
HhLl-OscilatorSimple oscillator which checks how many highs and how many lows the price is making. Parameters are as explained below:
lookback - Checks how many highs and lows it is making in these many bars. Sum of all highs and lows are taken for plotting.
periods - Initial period to check high and lows
multiples - Number of multiples on initial period for which highs and lows are checked
colorCandles - CandleColor based on the oscillator
If periods is 20 and multiples is 5 and loopback is 10
Indicator checks for last 10 bars how many highs/lows are made for 20, 40, 60, 80 and 100 periods. Sum of all highs and lows are plotted on the oscillator overlay
Expanded Floor PivotsHello Everyone,
The Expanded Floor Pivots is introduced in the book "Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market " by Franklin Ochoa. He added four new levels: S4, R4, BC and TC. There are many great ideas in the book, such using these levels, following trend, time price opportunity and much more. (Thanks to @tonyjab for pushing me to read this book)
The definition/formula of the levels defined in the book:
r1 = 2 * pivot - Low
r2 = pivot + (High - Low)
r3 = r1 + (High - Low)
r4 = r3 + (r2 - r1)
tc = (pivot - bc) + pivot
pivot = (High + Low + Close) / 3
bc = (High + Low) / 2
s1 = 2 * pivot - High
s2 = pivot - (High - Low)
s3 = s1 - (High - Low)
s4 = s3 - (s1 - s2)
The area between TC and BC is used as Pivot Channel, (blue area in the chart). you can see how it helps on identifying the trend.
Options:
By default the script decides Higher Time Frame but if you want you can set HTF as you wish.
You can choose line style as: Solid, Circles or Cross
and also you have option to show only last period or all historical levels.
Enjoy!
Ease of Movement WatcherHere’s a handy Ease of Movement(EMV) Indicator. I tried to include detailed comments so that anyone that’s learning pine can follow along.
The Ease of Movement Indicator is a volume based oscillator that is designed to measure the ease (or movability) of price movement for a security. The EMV is a centered oscillator, meaning that values can fluctuate above and below zero.
To understand how to use and interpret the EMV Indicator, its crucial to first understand its two main calculations :
Distance Moved = ((high + low) / 2) - ((high + low ) / 2)
-This is the difference between the current period’s midpoint and the previous period’s
midpoint.
Box Ratio = (volume / 100,000) / (high - low)
-When calculating the Box Ratio, it is common to divide the volume by 100,000 for a clearer visualization of the data. However, users can choose
to modify this value with the ‘volumeDiv’ input.
The Ease of Movement Value is then pretty simple to calculate:
EMV = (Distance Moved / Box Ratio)
The indicator then plots a SMA of the previous 24 EMV Values.
Looking at the formula, we know that combining low volume with a large {high, low} range will result in a relatively small box ratio value. Thus, we know that the EMV value for that period will be higher since EMV is found by dividing the Distance Moved by the Box Ratio.
Here’s a simple guide to interpreting the EMV:
- If (EMV > 0)
then price is increasing with relative ease.
-If (EMV < 0)
then price is decreasing with relative ease.
- If high-low range is large and volume is low
then ease of movement is high.
-If high-low range is small and volume is high
then ease of movement is low.
The Chart:
-The histogram represents the Simple Moving Average of EMV Values. The default length is 24, but users can adjust this value at the inputs menu(I've
found 24 works best).
-The teal and pink dotted lines represent the standard deviation of the SMA of EMV values multiplied by 2.5.
-The histogram turns dark green when the EMV SMA is greater than the top teal dotted standard deviations line.
-The histogram turns maroon when the EMV SMA falls below the bottom pink standard deviation line.
How To Use:
Enter a long position when the most recent EMV SMA value was below the lower pink stand. dev. line and the current EMV SMA value rises above that
same pink line. That means the previous bar was maroon and the current bar is not.
If the user enables the option to show entry points, a green dot will be plotted when it is time to enter a long position.
Exit the long position when the most recent EMV SMA value was above the upper green standard deviation line and the current EMV SMA value falls
below that same line. If this is true, then the previous bar will be dark green, and the current will be light green.
If the ‘showExits’ option is enabled, then a red dot will be plotted when it is time to exit the long position.
Input Options:
- 'volumeDiv' : Integer. Used in the calculation of Box Ratio.
- 'lenSMA' : Integer. The length of the Simple Moving Average of Ease of Movement Values.
- 'showStDev' : Bool. If true, dotted green and red lines will be shown at values equal to 2.5 * standard deviation of emvSMA and -2.5 * standard deviation of
emvSMA.
- 'showEntries' and 'showExits' : Bool. If true, a green circle will be plotted at long entry points and a red circle will be plotted at long exit points.
- 'changeBgColor': Bool. If true, the background color will change to green when it is time to enter a long position and red when it is time to exit.
Alerts:
- When it is time to enter a long position, an alert with the message "EMV Tracker - Enter Long" is sent.
- When it is time to exit a long position, an alert with the message "EMV Tracker - Exit Long" is sent.
NOTE:
- I usually use this indicator to confirm signals from other indicators rather than relying on it solely.
- Most accurate signals are generated on 30 minutes with the default input values I've set in the script.
Shoot me a message if you have any ideas for modifications or questions.
~ Happy Trading ~
Scout Regiment - D17# Scout Regiment - D17 Indicator
## English Documentation
### Overview
Scout Regiment - D17 is a comprehensive TradingView indicator that combines multiple technical analysis tools into one powerful overlay indicator. It provides traders with market structure analysis, divergence detection, volume profiling, smart money concepts, and session analysis.
### Key Features
#### 1. **EMA (Exponential Moving Averages)**
- **Purpose**: Trend identification and dynamic support/resistance levels
- **Configuration**: 13 customizable EMAs with adjustable periods
- **Default Active EMAs**: EMA 3 (21), EMA 5 (55), EMA 7 (144), EMA 8 (233)
- **Uses**: Identify trend direction, entry/exit points, and trend strength
- **Color Coding**: Different colors for easy visual distinction
#### 2. **TFMA (Timeframe Moving Averages)**
- **Purpose**: Multi-timeframe trend analysis
- **Features**:
- 3 EMAs on higher timeframes
- Dynamic labels showing trend direction
- Price difference percentage display
- Customizable timeframe settings
- **Default Settings**: 21-period timeframe with lengths 55, 144, and 233
- **Benefits**: Align trades with higher timeframe trends
#### 3. **DFMA (Daily Frame Moving Averages)**
- **Purpose**: Daily timeframe perspective on any chart
- **Features**: Similar to TFMA but specifically for daily analysis
- **Default Timeframe**: 1D (Daily)
- **Use Case**: Long-term trend confirmation and positioning
#### 4. **PMA (Price Moving Averages)**
- **Purpose**: Price channel analysis with filled areas
- **Configuration**: 7 customizable moving averages with fill zones
- **Default Lengths**: 12, 144, 169, 288, 338, 576, 676
- **Visual**: Color-filled zones between selected MAs for channel trading
#### 5. **VWAP (Volume Weighted Average Price)**
- **Purpose**: Institutional trading levels and fair value
- **Features**:
- Multiple anchor periods (Session, Week, Month, Quarter, Year, etc.)
- Standard deviation bands
- Corporate event anchoring (Earnings, Dividends, Splits)
- **Use Case**: Identify institutional support/resistance and mean reversion opportunities
#### 6. **Divergence Detector**
- **Purpose**: Identify potential trend reversals
- **Supported Indicators**: MACD, MACD Histogram, RSI, Stochastic, CCI, Williams %R, Bias, Momentum, OBV, SOBV, VWmacd, CMF, MFI, and external indicators
- **Divergence Types**:
- Regular Bullish/Bearish
- Hidden Bullish/Bearish
- **Features**:
- Automatic divergence line drawing
- Customizable detection parameters
- Color-coded alerts
#### 7. **Volume Profile & Node Detection**
- **Purpose**: Identify key price levels based on volume distribution
- **Features**:
- Volume Profile with POC (Point of Control)
- Value Area High (VAH) and Value Area Low (VAL)
- Peak and trough volume node detection
- Highest/lowest volume node highlighting
- **Lookback**: Configurable (default 377 bars)
- **Use Case**: Identify support/resistance zones and liquidity areas
#### 8. **Smart Money Concepts**
- **Purpose**: Track institutional trading patterns
- **Features**:
- Market Structure (BOS - Break of Structure, CHoCH - Change of Character)
- Internal and Swing structures
- Strong/Weak Highs and Lows
- Equal Highs/Lows detection
- Fair Value Gaps (FVG)
- **Modes**: Historical or Present (latest only)
- **Use Case**: Trade with institutional flow
#### 9. **Trading Sessions**
- **Purpose**: Analyze market behavior during different global sessions
- **Available Sessions**:
- Asian Session
- Sydney, Tokyo, Shanghai, Hong Kong
- European Session
- London, New York, NYSE
- **Features**:
- Session boxes with high/low visualization
- Real-time countdown timers
- Volume and price change tracking
- Information table with session statistics
- **Customization**: Choose which sessions to display, colors, and box styles
### How to Use
#### For Trend Following:
1. Enable EMAs 3, 5, 7, and 8
2. Use TFMA for higher timeframe confirmation
3. Look for price above/below key EMAs for trend direction
4. Use VWAP as additional confirmation
#### For Reversal Trading:
1. Enable Divergence Detector with MACD Histogram and Bias
2. Look for divergences at key support/resistance levels
3. Confirm with Smart Money CHoCH signals
4. Use Volume Profile nodes as entry/exit targets
#### For Intraday Trading:
1. Enable Trading Sessions
2. Focus on high-volume sessions (London, New York overlap)
3. Use session highs/lows as support/resistance
4. Trade Fair Value Gaps during active sessions
#### For Swing Trading:
1. Use DFMA for daily trend
2. Enable PMA for channel identification
3. Look for price reactions at volume profile value areas
4. Confirm with swing structure breaks
### Best Practices
1. **Don't Overcrowd**: Enable only the components you need for your strategy
2. **Multi-Timeframe Analysis**: Always check higher timeframe TFMA/DFMA
3. **Confluence**: Look for multiple signals confirming the same direction
4. **Volume Confirmation**: Use Volume Profile to validate price action
5. **Session Awareness**: Be aware of which session is active for volatility expectations
### Performance Optimization
- Disable unused features to improve chart loading speed
- Use "Present Mode" for Smart Money Concepts if historical data isn't needed
- Reduce Volume Profile lookback period on slower devices
### Alerts
The indicator includes alert conditions for:
- All divergence types (8 conditions)
- Smart Money structure breaks (8 conditions)
- Equal highs/lows detection
- Fair Value Gaps formation
---
## 中文说明文档
### 概述
Scout Regiment - D17 是一款综合性TradingView指标，将多个技术分析工具整合到一个强大的叠加指标中。它为交易者提供市场结构分析、背离检测、成交量分析、聪明钱概念和时区分析。
### 核心功能
#### 1. **EMA（指数移动平均线）**
- **用途**：趋势识别和动态支撑阻力位
- **配置**：13条可自定义周期的EMA
- **默认启用**：EMA 3（21）、EMA 5（55）、EMA 7（144）、EMA 8（233）
- **应用**：识别趋势方向、进出场点位和趋势强度
- **颜色编码**：不同颜色便于视觉区分
#### 2. **TFMA（时间框架移动平均线）**
- **用途**：多时间框架趋势分析
- **特点**：
- 3条更高时间框架的EMA
- 显示趋势方向的动态标签
- 价格差异百分比显示
- 可自定义时间框架设置
- **默认设置**：21周期时间框架，长度为55、144和233
- **优势**：使交易与更高时间框架趋势保持一致
#### 3. **DFMA（日线框架移动平均线）**
- **用途**：在任何图表上提供日线时间框架视角
- **特点**：与TFMA类似，但专门用于日线分析
- **默认时间框架**：1D（日线）
- **使用场景**：长期趋势确认和定位
#### 4. **PMA（价格移动平均线）**
- **用途**：价格通道分析与填充区域
- **配置**：7条可自定义的移动平均线，带填充区域
- **默认长度**：12、144、169、288、338、576、676
- **视觉效果**：选定MA之间的彩色填充区域，用于通道交易
#### 5. **VWAP（成交量加权平均价格）**
- **用途**：机构交易水平和公允价值
- **特点**：
- 多个锚定周期（交易日、周、月、季度、年等）
- 标准差波段
- 企业事件锚定（财报、分红、拆股）
- **使用场景**：识别机构支撑阻力和均值回归机会
#### 6. **背离检测器**
- **用途**：识别潜在趋势反转
- **支持指标**：MACD、MACD柱状图、RSI、随机指标、CCI、威廉指标、乖离率、动量、OBV、SOBV、VWmacd、CMF、MFI及外部指标
- **背离类型**：
- 常规看涨/看跌背离
- 隐藏看涨/看跌背离
- **特点**：
- 自动绘制背离连线
- 可自定义检测参数
- 颜色编码警报
#### 7. **成交量分布与节点检测**
- **用途**：基于成交量分布识别关键价格水平
- **特点**：
- 成交量分布图与POC（控制点）
- 价值区域高点（VAH）和低点（VAL）
- 峰值和低谷成交量节点检测
- 最高/最低成交量节点突出显示
- **回溯期**：可配置（默认377根K线）
- **使用场景**：识别支撑阻力区域和流动性区域
#### 8. **聪明钱概念**
- **用途**：追踪机构交易模式
- **特点**：
- 市场结构（BOS-突破结构、CHoCH-结构转变）
- 内部和摆动结构
- 强/弱高低点
- 等高/等低检测
- 公允价值缺口（FVG）
- **模式**：历史模式或当前模式（仅最新）
- **使用场景**：跟随机构资金流动交易
#### 9. **交易时区**
- **用途**：分析不同全球时段的市场行为
- **可用时段**：
- 亚洲时段
- 悉尼、东京、上海、香港
- 欧洲时段
- 伦敦、纽约、纽交所
- **特点**：
- 时段方框显示高低点
- 实时倒计时
- 成交量和价格变化追踪
- 时段统计信息表格
- **自定义**：选择显示哪些时段、颜色和方框样式
### 使用方法
#### 趋势跟随策略：
1. 启用EMA 3、5、7和8
2. 使用TFMA进行更高时间框架确认
3. 观察价格在关键EMA上方/下方确定趋势方向
4. 使用VWAP作为额外确认
#### 反转交易策略：
1. 启用背离检测器（MACD柱状图和乖离率）
2. 在关键支撑阻力位寻找背离
3. 用聪明钱CHoCH信号确认
4. 使用成交量分布节点作为进出场目标
#### 日内交易策略：
1. 启用交易时区
2. 关注高成交量时段（伦敦、纽约重叠时段）
3. 使用时段高低点作为支撑阻力
4. 在活跃时段交易公允价值缺口
#### 波段交易策略：
1. 使用DFMA确定日线趋势
2. 启用PMA识别通道
3. 观察价格在成交量分布价值区域的反应
4. 用摆动结构突破确认
### 最佳实践
1. **避免过度拥挤**：仅启用策略所需的组件
2. **多时间框架分析**：始终检查更高时间框架的TFMA/DFMA
3. **汇合点**：寻找多个信号确认同一方向
4. **成交量确认**：使用成交量分布验证价格行为
5. **时段意识**：了解当前活跃时段以预期波动性
### 性能优化
- 禁用未使用的功能以提高图表加载速度
- 如果不需要历史数据，对聪明钱概念使用"当前模式"
- 在较慢设备上减少成交量分布回溯期
### 警报
指标包含以下警报条件：
- 所有背离类型（8个条件）
- 聪明钱结构突破（8个条件）
- 等高/等低检测
- 公允价值缺口形成
---
## Technical Support
For questions or issues, please refer to the TradingView community or contact the indicator creator.
## 技术支持
如有问题，请参考TradingView社区或联系指标创建者。
Live Session Extremes: Asia / London / NY (5m)This script automatically tracks and plots the live high and low levels of the three major Forex trading sessions:
Asia Session (18:00–03:00) — Teal
London Session (03:00–08:00) — Blue
New York Session (08:00–12:00) — Red
Designed specifically for 5-minute charts, it updates in real time as each session forms new highs or lows.
You always see the most recent session’s levels, cleanly plotted and color-coded on your chart.
✔ Features
Live updating lines for each session’s high & low
Lines anchored to the exact candles that created the extreme
Auto-cleaning: old session levels are deleted when a new session begins
Clear labeling:
Asia High / Asia Low (Teal)
London High / London Low (Blue)
NY High / NY Low (Red)
Extend-right option for projecting session levels into future price action
Built for precision session-based strategies such as:
Liquidity grabs
Session sweeps
BOS/CHOCH analysis
ICT-style trading
High/low power levels
MTF Checklist DashboardMTF Checklist Dashboard
Overview
The MTF Checklist Dashboard is an advanced multi-timeframe analysis tool that provides traders with a comprehensive visual dashboard to analyze market conditions across six customizable timeframes simultaneously. This indicator combines multiple technical analysis methods, including Opening Range Breakouts (ORB), VWAP, EMAs, and daily price levels, to generate high-probability confluence-based trading signals.
Unlike traditional single-timeframe indicators, this dashboard displays all critical information in one organized table, allowing traders to instantly identify when multiple timeframes align for optimal entry and exit opportunities.
Key Features
Multi-Timeframe Analysis
Analyzes up to 6 timeframes simultaneously (default: 1m, 5m, 15m, 30m, 1h, 4h)
Fully customizable timeframe selection via comma-separated input
Color-coded cells for instant visual recognition (green=bullish, red=bearish, yellow=neutral)
Technical Indicators Tracked
Current and previous candle direction
Opening Range Breakout (ORB) positioning with custom period
VWAP relationship (above/below)
200 EMA positioning
Daily and previous day high/low proximity
EMA crossovers (9 vs 21, both vs 200)
Advanced Signal Filtering System
Confluence scoring: Requires multiple timeframes to align (3-6 timeframes)
Higher timeframe confirmation: Ensures 30m/1h/4h agreement
Volume filter: Confirms signals with above-average volume (1.5x default)
ATR volatility filter: Validates sufficient market movement
Session timing: Restricts signals to optimal trading hours (EST)
Momentum confirmation: Requires recent directional strength
Range positioning: Blocks signals near daily extremes
Candle strength: Validates strong directional candles (60%+ body ratio)
Visual Signals
Optional entry arrows (above/below bars)
Background color highlighting
Organized dashboard with real-time price levels
ORB range, current day, and previous day summary rows
Alert Conditions
JSON-formatted alerts for automated trading integration
Separate alerts for long entry, short entry, long exit, and short exit
Compatible with webhook automation systems
How To Use
Dashboard Interpretation
The dashboard displays a color-coded table with the following columns:
TF: Timeframe being analyzed
C: Current candle (Green=bullish, Red=bearish)
P: Previous candle (Green=bullish, Red=bearish)
ORB: Opening Range Breakout position (A=Above, B=Below, W=Within)
VWAP: Price vs VWAP (A=Above, B=Below)
E200: Price vs 200 EMA (A=Above, B=Below)
D Hi/Lo: Proximity to current day high/low (Hi/Lo/Mid)
PD Hi/Lo: Proximity to previous day high/low (Hi/Lo/Mid)
9 vs 21: EMA 9 vs EMA 21 relationship (A=9 above 21, B=9 below 21)
9&21 v200: Both EMAs vs 200 EMA (>>=both above, <<=both below, <>=mixed)
Signal Generation
Long Entry Signal triggers when:
Minimum number of timeframes show bullish alignment (default: 5 of 6)
Higher timeframes (30m/1h/4h) confirm direction (default: 2 of 3)
Price breaks above ORB high with sufficient distance
Volume exceeds average by specified multiplier
ATR shows adequate volatility
Trade occurs during optimal session hours
Recent momentum is upward
Price not too close to daily high
Strong bullish candle forms
Short Entry Signal uses opposite conditions
Exit Signals trigger when opposing timeframe confluence reaches threshold (default: 3 timeframes)
Recommended Workflow
Select your asset and primary trading timeframe
Observe the dashboard - Look for rows showing mostly green (bullish) or red (bearish)
Wait for alignment - The indicator will show arrows when confluence requirements are met
Check the bottom rows - Review ORB levels and daily ranges for context
Set alerts - Enable TradingView alerts using the built-in alert conditions
Manage risk - Use appropriate position sizing and stop losses based on ORB range or daily ATR
Settings Guide
Basic Settings
Timeframes: Enter comma-separated values (e.g., "1,5,15,30,60,240")
Show Header: Toggle column headers on/off
ORB Minutes: Set opening range period (default: 15 minutes)
Near % for daily highs/lows: Define proximity threshold (default: 0.20%)
Use close for comparisons: Compare using close vs current price
Dashboard Position: Choose from 9 screen positions
Confluence Filters
Minimum Timeframes Aligned: Set required confluence (3-6, default: 5)
Require Higher Timeframe Confirmation: Toggle HTF requirement on/off
Min Higher Timeframes: Specify HTF agreement needed (1-3, default: 2)
Volume Filter
Volume Confirmation: Enable/disable volume filtering
Volume vs Average: Set multiplier threshold (default: 1.5x)
Volume Average Length: Period for volume average (default: 20 bars)
Volatility Filter (ATR)
Volatility Filter: Enable/disable ATR confirmation
ATR Length: Calculation period (default: 14)
Min ATR vs Average: Required ATR level (default: 0.5x = 50%)
ORB Filters
ORB Breakout Distance Required: Toggle distance requirement
Min Breakout % Beyond ORB: Additional breakout threshold (default: 0.10%)
Session Filter
Trade Only During Best Hours: Enable time-based filtering
Session 1: First trading window (default: 0930-1130 EST)
Session 2: Second trading window (default: 1400-1530 EST)
Momentum Filter
Recent Momentum Required: Enable directional momentum check
Lookback Bars: Period for momentum comparison (default: 3 bars)
Daily Range Filter
Block Signals Near Daily Extremes: Prevent entries at extremes
Distance from High/Low %: Minimum distance required (default: 2.0%)
Candle Filter
Strong Directional Candle: Require candle strength
Min Candle Body %: Body-to-range ratio threshold (default: 60%)
Visual Signals
Show Entry Signals: Master toggle for visual signals
Show Arrows: Display entry arrows on chart
Background Color: Enable background highlighting
Best Practices
Start with default settings and adjust based on your trading style and asset volatility
Higher confluence requirements (5-6 timeframes) produce fewer but higher-quality signals
Enable all filters for conservative trading; disable some for more frequent signals
Use the dashboard as confirmation alongside your existing trading strategy
Backtest on your specific instruments before live trading
Consider market conditions—trending vs ranging markets may require different settings
Alerts
This indicator includes four alert conditions with JSON formatting for webhook integration:
Long Entry Signal: Triggers when all long conditions are met
Short Entry Signal: Triggers when all short conditions are met
Long Exit Signal: Triggers when opposing confluence reaches exit threshold
Short Exit Signal: Triggers when opposing confluence reaches exit threshold
Alert messages include ticker symbol, action (buy/sell), price, and quantity for automated trading systems.
Important Notes
This indicator works best on liquid instruments with clear price action
Highly volatile markets may require adjusted ATR and ORB distance settings
Session times are in EST timezone—adjust if trading non-US markets
The ORB calculation requires sufficient price history for the day
Signals are generated in real-time but should be confirmed at candle close
Limitations
Maximum of 6 timeframes can be analyzed due to TradingView's security call limits
ORB calculations may not work correctly on instruments with gaps or irregular sessions
The indicator is most effective during regular market hours when volume and volatility are adequate
Lower timeframes (1m, 5m) may produce more false signals in choppy conditions
License
Mozilla Public License 2.0 (MPL-2.0)
This indicator is licensed under the Mozilla Public License 2.0. You are free to use, modify, and distribute this code under the terms of the MPL-2.0. The full license text is available at mozilla.org
Key license provisions:
You may use this code commercially
You may modify and distribute modified versions
Modified versions must be released under the same license
You must include the original license notice in any distributions
No trademark rights are granted
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice, and past performance does not guarantee future results. Trading involves substantial risk of loss. Always:
Practice proper risk management
Test thoroughly on paper/demo accounts before live trading
Use appropriate position sizing
Never risk more than you can afford to lose
Consult with a financial advisor for personalized advice
The creator assumes no liability for trading losses incurred using this indicator.
Version: 2.0
Pine Script Version: v6
Author: © EliasVictor
Session Breakout, Retest, Reversal + Large Move Alert## **Session Breakout, Retest, Reversal + Large Move Alert**
### Overview
A powerful multi-functional indicator designed for day traders and futures traders to identify session-based breakout opportunities, retest confirmations, and significant price movements across all futures contracts (Gold, E-mini S&P 500, Nasdaq, Crude Oil, and more).
### Key Features
**📊 Pre-Market Session Tracking**
- Automatically calculates pre-market/overnight session highs and lows
- Displays session ranges with customizable colors and styling
- Extends lines through the entire trading session for easy reference
- Supports overnight sessions (e.g., 4 PM – 7:30 AM for Gold futures)
**🚀 Breakout Detection**
- Identifies breakouts above/below pre-market highs and lows
- Uses close-price confirmation to filter false signals from wicks
- Displays "BO ↑" and "BO ↓" labels at breakout points
- Generates instant alerts when breakouts occur
**♻️ Retest Failed Tracking**
- Monitors price retests after breakouts
- Detects when retests fail to reach previous support/resistance
- Labels "RF" (Retest Failed) for high-probability trade setups
- Helps identify reversal opportunities
**📈 First 5-Minute Analysis**
- Captures first 5 minutes of market open (customizable timeframe)
- Tracks first 5-minute highs and lows separately
- Essential for mean-reversion and breakout confirmation strategies
- Blue lines extend through the trading session for easy tracking
**⚡ Large Move Alerts**
- Detects significant price movements based on point thresholds
- Individual thresholds for 5+ different symbols:
- GC (Gold): 15 points
- ES (E-mini S&P 500): 15 points
- NQ (E-mini Nasdaq): 50 points
- CL (Crude Oil): 1.5 points
- Custom: Fully adjustable
- Auto-detects symbol from chart ticker
- Labels show exact point movement and candle direction
### Customization Options
**Symbol Configuration**
- **Auto-Mode**: Automatically detects trading symbol from chart ticker
- **Manual-Mode**: Select specific symbol (GC, ES, NQ, CL, or Custom)
**Session Settings**
- Fully customizable pre-market session time (24-hour format)
- Adjustable market open time for first 5-minute window
- Market close hour and minute configuration
- Support for any timezone
**Point Move Thresholds by Symbol**
- Set independent thresholds for each of your trading symbols
- Quickly adjust settings when switching between different futures
- Includes helpful tooltips for recommended values
**Display & Styling**
- Toggle all visual elements on/off individually
- Customizable colors for all lines and labels:
- Pre-market high/low colors
- Breakout labels (up/down)
- Retest failed labels
- First 5-minute session lines
- Large move indicators
- Text size options: tiny, small, normal, large, huge
### How It Works
1. **Session Tracking**: The indicator identifies your pre-market session and marks the high and low with labeled lines (PH/PL)
2. **Breakout Signal**: Once the market opens, it monitors for close prices above/below the pre-market levels and alerts you with "BO ↑" or "BO ↓"
3. **Retest Confirmation**: After a breakout, it tracks retests and labels "RF" when the retest fails to reach the opposite extreme, confirming trade direction
4. **Large Move Detection**: Simultaneously monitors for significant point moves that exceed your symbol-specific thresholds
5. **Alert Triggers**: Get real-time alerts for:
- Breakout Up/Down
- Any Breakout
- Large Move events
### Alert Conditions
The indicator includes four alert conditions:
- **Breakout Up Alert**: Price closes above pre-market high
- **Breakout Down Alert**: Price closes below pre-market low
- **Any Breakout Alert**: Either breakout condition triggers
- **Large Move Alert**: Point movement exceeds threshold for current symbol
### Ideal For
- ✅ Day traders (breakout/retest strategies)
- ✅ Futures traders (Gold, Oil, Stock Index Contracts)
- ✅ Intraday scalpers (first 5-minute analysis)
- ✅ Swing traders (session-based levels)
- ✅ Multi-symbol traders (independent thresholds per symbol)
### Disclaimer
This indicator is designed for educational and informational purposes. Past performance does not guarantee future results. Always use proper risk management and position sizing. Test thoroughly on historical data before trading live.
Close-Only Market StructureDYOR NFA
Function of the Close-Only Market Structure Script
The script is a custom indicator designed to display the market's structural trend based only on closing prices, ignoring price wicks (highs and lows) to focus on conviction.
pivotLengthInt Input: This user setting controls the sensitivity of the structure detection. It determines how many bars to look left and right to define a swing point (e.g., a setting of 5 means a bar's close must be the highest/lowest of the 5 preceding and 5 succeeding bars).
Swing Point Identification (SH/SL): It uses the ta.pivothigh() and ta.pivotlow() functions on the close price series to define Swing Highs (SH) and Swing Lows (SL).
Structure Tracking (structureType): It compares the most recent confirmed SH and SL against the immediately preceding ones (prevSH and prevSL) to classify the trend as one of the following four states:
HH (Higher High, Higher Low): Strong Uptrend
LL (Lower High, Lower Low): Strong Downtrend
HL/LH: Complex structure, consolidation, or reversal zones.
Structure Lines: It plots two continuous stepped lines (lastSH and lastSL) that hold the price of the most recent confirmed swing points, visually defining the current structure boundaries.
BOS Detection (Break of Structure): It identifies and plots a marker (BOS) when the current bar's close definitively breaks (closes above) the lastSH or closes below the lastSL, signaling a continuation of the trend or a major structural change.
Visual Confirmation:
Plots small SH/SL labels at the confirmed swing points.
Plots small HH/HL/LH/LL labels at the swing points to show the confirmed structural state.
Applies a light background color (green for bullish/ranging-up, red for bearish/ranging-down) for an at-a-glance view of the bias.
Alerts: It provides conditions for setting up notifications when a Bullish BOS or Bearish BOS occurs.
🚀 How to Use the Script
Open TradingView: Go to the chart where you want to apply the indicator.
Open Pine Editor: Click the Pine Editor tab at the bottom of the screen.
Paste and Save:
Copy the final, corrected Pine Script code.
Delete any existing code in the editor and paste the new code.
Click the Save button (or name the script) and then click Add to Chart.
Adjust Settings:
On the chart, hover over the indicator name ("Close-MS v6") and click the Gear Icon (Settings).
Pivot Lookback (L&R): Change this value to adjust sensitivity:
Smaller number (e.g., 3): More swings detected, structure changes faster, more noise.
Larger number (e.g., 10): Fewer swings detected, structure is more significant, less noise (recommended for higher timeframes).
Interpret the Chart:
The Red Stepped Line shows your current resistance (SH).
The Green Stepped Line shows your current support (SL).
Green Background: General bullish bias (making Higher Highs/Lows).
Red Background: General bearish bias (making Lower Highs/Lows).
BOS Triangle: Signals that the price has closed and validated a break of the previous structural high or low.
Set Alerts (Optional):
Click the Alert button (bell icon) on the TradingView toolbar.
Set the Condition to the indicator ("Close-MS v6").
Select the specific Alert Condition you want to monitor (e.g., "Bullish BOS" or "Bearish BOS").
Sunmool's NY Lunch Model BacktestingICT NY Lunch Model Backtesting (12:00–13:00 NY) 🗽🍔
This research indicator tests an ICT narrative using the New York lunch window (12:00–13:00 America/New_York). It records that hour’s high/low and measures, during the post-lunch session (default 13:00–16:00), how often:
⬆️ If the afternoon trends up, the Lunch Low gets swept first.
⬇️ If the afternoon trends down, the Lunch High gets swept first.
It reports these as conditional probabilities, not trade signals. 📈
👀 What it shows
🟦 Lunch Range box (toggle): high/low from 12:00–13:00 NY
🔻🔺 Sweep signals (bar-anchored)
Low sweep: triangle below bar + optional “L”
High sweep: triangle above bar + optional “H”
🧱 Optional small box wrapping the swept candle
📊 Stats table (top-right)
P(L-swept | Up) — % of Up-days where Lunch Low was swept
P(H-swept | Down) — % of Down-days where Lunch High was swept
🔁 Contradictions + sample sizes (Up-days / Down-days)
🎯 Direction logic (Up/Down)
Anchor: 13:00 open (pmOpen) ⏰
Threshold: ATR × multiple or % from 13:00
Close ≥ pmOpen + threshold → Up-day
Close ≤ pmOpen − threshold → Down-day
Tiny moves under the threshold are ignored to reduce noise 🧹
⚙️ Inputs
🌐 Timezone: America/New_York (DST handled)
🍽️ Lunch window: 1200–1300
🕓 Post-lunch window: default 1300–1600 (try 17:00/20:00 for sensitivity)
📐 Trend threshold: ATR / Percent (with length/multiple or % level)
📅 Weekdays-only toggle (FX/Equities style)
👁️ Display toggles: Lunch box / sweep arrows / sweep text / sweep candle box / stats table
🔔 TF hint when chart TF > 15m
🧭 How to use
Use 5–15m charts for accurate lunch range capture.
Scroll ~1 year for meaningful samples.
Run sensitivity checks: vary ATR/% thresholds and the post-lunch end time.
For crypto, compare with vs without weekends. 🚀
🧠 Reading the results
High P(L-swept | Up) with a solid Up-day count ⇒ on up afternoons, lunch low is often swept.
High P(H-swept | Down) ⇒ on down afternoons, lunch high is often swept.
Lower Contradictions = cleaner tendency.
Remember: this is a probabilistic tendency, not a rule. 🎲
📝 Notes & limits
All markers (arrows, text, sweep boxes) are bar-anchored; the lunch range box is a research overlay you can toggle.
Real-time vs historical bar building can differ—interpret on bar close. 🔒
Auto Fibonacci LevelsAuto Fibonacci Momentum Zones with Visible Range Table
Overview and Originality
The Auto Fibonacci Momentum Zones indicator offers a streamlined, static overlay of Fibonacci retracement levels inspired by extreme RSI momentum thresholds, enhanced with a dynamic table displaying the high and low of the currently visible chart range. This isn't a repackaged RSI oscillator or basic Fib drawer—common in TradingView's library—but a purposeful fusion of geometric harmony (Fibonacci ratios) with momentum psychology (RSI extremes at 35/85), projected as fixed horizontal reference lines on the price chart. The addition of the visible range table, powered by PineCoders' VisibleChart library, provides real-time context for the chart's current view, enabling traders to quickly assess range compression or expansion relative to these zones.
This script's originality stems from its "static momentum mapping": by hardcoding Fib levels on a dynamic chart, it creates universal psychological support/resistance lines that transcend specific assets or timeframes.
Unlike dynamic Fib tools that auto-adjust to price swings (risking noise in ranging markets) or standalone RSI plots (confined to panes), this delivers clean, bias-adjustable overlays for confluence analysis. The visible range table justifies the library integration—it's not a gratuitous add-on but a complementary tool that quantifies the "screen real estate" of price action, helping users correlate Fib touches with actual volatility. Drawn from original code (no auto-generation or public templates), it builds TradingView's body of knowledge by simplifying multi-tool workflows into one indicator, ideal for discretionary traders who value visual efficiency over algorithmic complexity.
How It Works: Underlying Concepts
Fibonacci retracements, derived from the Fibonacci sequence and the golden ratio (≈0.618), identify potential reversal points based on the idea that markets retrace prior moves in predictable proportions: shallow (23.6%, 38.2%), mid (50%), and deep (61.8%, 78.6%).
Adjustable Outputs
1. The "Invert Fibs" toggle (default: true) for bearish/topping bias, can be flipped aligning with trend context.
2. Fibonacci Levels: Seven semi-transparent horizontal lines are drawn using `hline()`:
- 0.0 at high (gray).
- 0.236: high - (range × 0.236) (light cyan, shallow pullback).
- 0.382: high - (range × 0.382) (teal, common retracement).
- 0.5: midpoint average (green, equilibrium).
- 0.618: high - (range × 0.618) (amber, golden pocket for reversals).
- 0.786: high - (range × 0.786) (orange, deep support).
- 1.0 at low (gray).
Colors progress from cool (shallow) to warm (deep) for intuitive scanning.
3. Optional Fib Labels: Right-edge text labels (e.g., "0.618") appear only if enabled, positioned at the last bar + offset for non-cluttering visibility.
4. Visible Range Table: Leveraging the VisibleChart library's `visible.high()` and `visible.low()` functions, a compact 2x2 table (top-right corner) updates on the last bar to show the extrema of bars currently in view. This mashup enhances utility: Fib zones provide fixed anchors, while the table's dynamic values reveal if price is "pinned" to a zone (e.g., visible high hugging 0.382 signals resistance). The library is invoked sparingly for performance, adding value by bridging static geometry with viewport-aware data—unavailable in built-ins without custom code.
How to Use It
1. Setup:
Add to any chart (e.g., 15M for scalps, Daily for swings). As an overlay, lines appear directly on price candles—adjust chart scaling if needed.
2. Input Tweaks:
Invert Fibs: Enable for downtrends (85 top), disable for uptrends (35 bottom).
Show Fibs: Toggle labels for ratio callouts (off for clean charts).
Show Table: Display/hide the visible high/low summary (red for high, green for low, formatted to 2 decimals).
3. Trading Application:
Zone Confluence: Seek price reactions at each fibonacci level—e.g., a doji at 0.618 + rising volume suggests entry; use 0.0/1.0 as invalidation.
Range Context: Check the table: If visible high/low spans <20% of the Fib arc (e.g., both near 0.5), anticipate breakout; wider spans signal consolidation.
Multi-Timeframe: Overlay on higher TF for bias, lower for precision—e.g., Daily Fibs guide 1H entries.
Enhancements: Pair with volume or candlesticks; set alerts on line crosses via TradingView's built-in tools. Backtest on your symbols to validate (e.g., equities favor 0.382, forex the 0.786).
This indicator automates advanced Fibonacci synthesis dynamically, eliminating manual measurement and calculations.
published by ozzy_livin
Previous TPOIndicator Summary
This Pine Script indicator, "Previous TPO," is designed to calculate and display five key price levels from the previous trading day's market activity. It uses a 30-minute TPO (Time Price Opportunity) profile, which is a method of organizing price by time to find areas of high and low activity.
The five levels it plots on the current day are:
1. Previous Value Area High (VAH)
2. Previous Value Area Low (VAL)
3. Previous Point of Control (POC)
4. Previous Initial Balance High (IBH)
5. Previous Initial Balance Low (IBL)
The script is built to be efficient, running its main calculation only once at the beginning of each new day. It also includes an automatic line management system to delete old lines, preventing the "Too many lines" error and keeping the chart clean.
How the Code Works
1. Data Collection: At the start of a new day (00:00), the script looks back at the chart's history. It uses request.security to access 30-minute bar data.
2. Collector Loop: It then loops backward, bar by bar, to find and store 48 unique 30-minute High/Low data points, which represents the full 24-hour range of the previous day.
3. TPO Profile: With this 30-minute data, it builds a TPO profile. It divides the previous day's price range into small bins (price levels) and counts how many 30-minute periods "touched" each price bin.
4. Level Calculation:
o POC: It finds the price bin with the highest TPO count (the most traded price) and sets it as the Point of Control.
o VAH/VAL: It starts at the POC and expands outward, adding the next-most-traded price bins until 70% (or the user-defined percentage) of the day's TPOs are included. The highest and lowest prices of this range are the Value Area High and Value Area Low.
o IBH/IBL: It identifies the high and low of the first hour (the first two 30-minute bars) of the previous day to set the Initial Balance High and Initial Balance Low.
5. Drawing: The script draws these five levels as horizontal lines across the current trading day, providing a constant reference.
6. Line Management: It keeps track of all lines in an array. When the total number of lines exceeds the user's limit (e.g., 50 days * 5 lines = 250), it automatically deletes the oldest lines from the chart.
Usefulness for Trading
This indicator provides a powerful framework for intraday traders by contextualizing the current day's price action against the previous day's "auction."
• Key Support/Resistance: The VAH, VAL, and POC act as significant support and resistance lev-els. Price reacting at these levels can signal mean reversion, while acceptance beyond them can signal a trend or expansion day.
• Value Area as Context: Trading inside the previous day's value area (between VAH and VAL) is often seen as "balanced" or "range-bound" trading. Trading outside of it is "unbalanced" or "trending."
• POC as a "Magnet": The POC, being the area of highest volume/time, often acts as a "magnet" or "center of gravity" for price.
• Opening Range: The Initial Balance (IB) levels show the opening range. A breakout from this range is often a key signal for the day's initial direction.
• 80% Rule: The script contains (currently commented-out) setup logic for the "80% Rule." This is a specific Market Profile strategy where:
1. The market opens inside the previous day's Value Area.
2. The Initial Balance fails to extend outside the VA (e.g., in a short setup, the IB high stays below the VAH).
3. This setup suggests an 80% probability that the price will rotate and test the other side of the Value Area (e.g., test the VAL).
Publication and restrictions
This script is published under the Mozilla Public Licence 2.0 (MPL 2.0) and is therefore suitable for publi-cation as an open source indicator on TradingView.
Timeframe limitation: The indicator is designed for intraday timeframes. Timeframes below 10 minutes do not work and lead to an error. Recommended time frame 30 minutes.
It will not work correctly on:
Time frame under 10 minutes: The data collection loop (max_bars_to_check = 3000) is not large enough to collect the bars required for a full day on a 5-minute chart or smaller.
High time frames (e.g. 1H, 4H, Daily): The script's logic is based on a chart timeframe 30-minute data that it requests. If higher time frames are selected, the script works but the zones are no longer correct or become irrelevant.
CandelaCharts - Session Opening📝 Overview
The CandelaCharts – Session Opening indicator highlights a custom session window, builds the live high/low as the session unfolds, and then publishes finalized Range High , Range Low , and Consequent Encroachment (Mid) levels once the window closes. A subtle one‑bar divider marks each new session start, and a shaded box visualizes the evolving range while the session is active.
📦 Features
Discover the core tools this indicator provides—from live range tracking to post‑session levels and alerts.
Custom Session Window – Track any intraday opening window you define (e.g., 09:00–10:00).
Timezone Control – Align sessions precisely with your market using selectable timezones (e.g., America/New_York, GMT±X).
Live Session Box – A translucent box expands in real time as highs/lows update during the session.
Post‑Session Levels – Finalized Range High , Range Low , and CE (Mid) lines print only after the session completes to avoid interim noise.
Session Divider – A one‑bar background tint clearly marks the first bar of each session.
Alerts – Receive notifications at session start and end.
⚙️ Settings
Configure timing, timezone alignment, visuals, and toggles to match your market and workflow.
Session – Defines the specific time range for the session window (e.g., 0900-1000). During this window the indicator tracks the running high/low.
Timezone – Specifies the timezone used to interpret the session window, ensuring alignment with exchange hours.
Colors – Selects the colors for Range High (Up), Range Low (Down), and the session Background box/divider.
Session Range – Shows the finalized Range High/Low/Mid lines outside of the session; lines appear starting one bar after the session closes.
Session Dividers – Enables the one‑bar background tint on the session’s first bar.
⚡️ Showcase
Preview a simple chart example with Session Opening applied.
🚨 Alerts
Set notifications for key moments: when a session begins and when it ends.
Session Start : Triggers on the first bar inside the configured session window.
Session End : Triggers on the first bar after the session window closes.
⚠️ Disclaimer
This section clarifies the risks and intended use.
Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
Volatility Channel Oscillator█ OVERVIEW
"Volatility Channel Oscillator" is a technical indicator that analyzes price volatility relative to dynamic price channels, displaying an oscillator, its moving average, and signals based on crossovers and divergences. The indicator offers customizable overbought and oversold levels, gradient visualization, and divergence detection, supported by alerts for key signals.
█ CONCEPTS
The VCO indicator creates dynamic price channels based on a moving average of the price (calculated as the arithmetic mean of the high and low prices: (high + low) / 2) and market volatility (measured as the average candle range and body size). These channels are not displayed on the chart but are used to calculate the oscillator value, which reflects the position of the closing price relative to the channel width, scaled to a range from -100 to +100, with the zero line as the central point. A moving average of the oscillator (SMA) smooths its values, enabling signals based on crossovers with the zero line or overbought/oversold levels. The indicator also detects divergences between price and the oscillator, which may indicate potential trend reversals. VCO is useful for identifying market momentum, reversal points, and trend confirmation, especially when combined with other technical analysis tools.
█ FEATURES
- Volatility Channels: Calculates invisible chart boundaries based on a simple moving average (SMA) of the price (high + low) / 2 and volatility (average candle range and body). The length parameter (default 30) sets the SMA length, and scale (default 200%) adjusts the channel width.
- Oscillator: Determines the oscillator value in the range of -100 to +100, indicating the closing price's position relative to the volatility channel. Displayed with dynamic coloring (green for positive values, red for negative).
- Oscillator Moving Average: A simple moving average (SMA) of the oscillator values, smoothing its movements. The signalLength parameter (default 20) defines the SMA length. Displayed in yellow with an optional gradient.
- Overbought/Oversold Levels: Configurable thresholds for the oscillator (overbought, default 50; oversold, default -50) and its moving average (maOverbought, default 30; maOversold, default -30), shown as horizontal lines with optional gradients. Band colors change dynamically (red for overbought, green for oversold, gray for neutral) based on the moving average's position relative to maOverbought/maOversold, reinforcing other signals.
- Divergences: Detects bullish (price forms a lower low, oscillator a higher low) and bearish (price forms a higher high, oscillator a lower high) divergences using pivots (pivotLength, default 2). Divergences are displayed with a delay equal to the pivot length; larger lengths increase reliability but delay signals. Use as additional confirmation.
Signals:
- Overbought/Oversold Crossovers: Green triangles (buy) when the oscillator crosses above the oversold level, red triangles (sell) when it crosses below the overbought level.
- Zero Line Crossovers: Buy/sell signals when the oscillator crosses the zero line upward (buy) or downward (sell).
- Moving Average Crossovers: Buy/sell signals when the oscillator's moving average crosses the zero line or the maOverbought/maOversold levels. Dynamic band color changes (red/green) at these crossovers reinforce other signals.
- Visualization: Gradient lines for the oscillator, its moving average, overbought/oversold levels, and zero line, with adjustable transparency. Gradient fill between the oscillator and zero line.
Divergence Labels: "Bull" (bullish) and "Bear" (bearish) labels with customizable color and transparency.
- Alerts: Built-in alerts for divergences, overbought/oversold crossovers, and zero line crossovers by the oscillator and its moving average.
█ HOW TO USE
Add to Chart: Apply the indicator via Pine Editor or the Indicators menu on TradingView.
Configure Settings:
- Channel and Oscillator Settings: Adjust the channel SMA length (length, default 30) and channel scaling (scale, default 200%). Increase scale for high-volatility markets.
- Threshold Levels: Set oscillator overbought (overbought, default 50) and oversold (oversold, default -50) levels, and moving average thresholds (maOverbought, default 30; maOversold, default -30).
- Divergence Settings: Enable/disable divergence detection (calculateDivergence) and set pivot length (pivotLength, default 2). Larger values increase reliability but delay signals.
- Signal Settings: Choose signal types (signalType): overbought/oversold, zero line, moving average, or all.
- Styling: Customize colors for the oscillator, moving average, horizontal levels, and divergence labels. Adjust gradient and fill transparency.
Interpreting Signals:
- Buy Signals: Green triangles below the bar when the oscillator or its moving average crosses above the oversold level or zero line.
- Sell Signals: Red triangles above the bar when the oscillator or its moving average crosses below the overbought level or zero line.
- Moving Average Signals: Green/red triangles when the moving average crosses maOverbought/maOversold levels, indicating potential reversals or trend continuation. Dynamic band color changes (red for overbought, green for oversold) at these crossovers reinforce other signals.
- Divergences: "Bull" (bullish) and "Bear" (bearish) labels indicate potential trend reversals with a delay based on pivot length. Use as confirmation.
- Overbought/Oversold Levels: Monitor price reactions in these zones as potential reversal points. Dynamic band color changes based on the moving average reinforce signals.
Signal Confirmation: Use VCO with other tools, such as pivot levels (for key turning points) or Fibonacci levels (for support/resistance zones).
█ APPLICATIONS
- Trend Trading: Zero line crossovers by the oscillator or its moving average identify momentum in uptrends or downtrends.
- Range Trading: Overbought/oversold levels help identify entry/exit points in sideways markets.
- Divergences: Use bullish/bearish divergences as additional confirmation of reversals, especially near key price levels.
- Trend Identification: To analyze trends over a longer perspective, increase the moving average length (signalLength) for more stable signals.
█ NOTES
- Test the indicator across different timeframes and markets to optimize parameters, such as length and scale, for your trading style.
- In strong trends, overbought/oversold levels may persist, requiring additional signal verification.
- Divergences are more reliable on higher timeframes (H4, D1), where market noise is reduced, but their delay requires caution.
- In low-liquidity markets, signals may be less effective, so use on high-liquidity assets is recommended.
Asian, UK & NY SessionTimes and Day Highs and LowsWhat It Does
The Asian, UK & NY Sessions indicator automatically identifies and highlights the three major global trading sessions on your chart.
For each session, it:
Detects session time in its local timezone.
Tracks the session’s highest and lowest prices.
Plots colored horizontal lines to show those levels throughout the trading day.
Optionally shades each session’s background in its signature color for instant visual context:
🟡 Asian Session: Yellow background
🔴 London Session: Red background
🔵 New York Session: Blue background
This helps traders see how price reacts within and between sessions — spotting overlaps, liquidity zones, and daily ranges.
⚙️ Inputs and Variables
Input Description
Extend lines until next session start (extendLines) Extends each session’s high/low lines forward until the next session begins.
Show prices in scale column (showScaleValues) Controls whether the price labels for session highs/lows appear on the chart’s right-hand price scale.
Show All Session Highs & Lows (showAllHighsLows) Master switch — turn this off to hide all session lines instantly, keeping the chart clean.
Show Session Backgrounds (showBackgrounds) Turns all background shading on or off. When off, all session colors disappear.
Background Opacity (bgOpacityAll) Adjusts the transparency for all session backgrounds (0 = solid, 100 = fully transparent).
🎨 Visual Color Scheme
Session Background High/Low Line
Asian Yellow Green
London Red Red
New York Blue Blue
Each color has a consistent role — making it easy to distinguish sessions even in replay or live view.
Price Tracking:
For each session, the indicator resets High and Low when the new session starts, then updates them as bars print.
Display Control:
If lines or backgrounds are disabled via settings, they’re completely hidden (no clutter, no partial transparency).
💡 How Traders Use It
Identify daily ranges in each global session.
Compare volatility between markets.
Align entries or exits with session transitions.
Observe how price respects previous session highs/lows.
HTF Candle Highs and Lows with Labels + High Probability Signals█ OVERVIEW
This indicator overlays Weekly, Daily, and H4 High/Low levels directly onto your chart, allowing traders to visualize key support and resistance zones from higher timeframes. It also includes high probability breakout signals that appear one candle after a confirmed breakout above or below these levels, filtered by volume and candle strength.
Use this tool to identify breakout opportunities with greater confidence and clarity.
█ FEATURES
• Plots Weekly, Daily, and H4 High and Low levels using request.security. • Customizable line colors, widths, and label sizes. • Toggle visibility for each timeframe independently. • Signals appear one candle after a confirmed breakout: • Bullish: Close above HTF High, strong candle, high volume. • Bearish: Close below HTF Low, strong candle, high volume. • Signal shapes match the color of the broken level for visual clarity.
█ HOW TO USE
1 — Enable the timeframes you want to track using the input toggles. 2 — Watch for triangle-shaped signals: • Upward triangle = Bullish breakout. • Downward triangle = Bearish breakout. 3 — Confirm the breakout: • Candle closes beyond the HTF level by at least 0.1%. • Candle body shows momentum (close > open for bullish, close < open for bearish). • Volume exceeds 20-period average. 4 — Enter trade on the candle after the signal. 5 — Use the HTF level as a reference for stop-loss placement. 6 — Combine with other indicators (e.g., RSI, EMA) for confluence.
█ LIMITATIONS
• Signals may lag by one candle due to confirmation logic. • Not optimized for low-volume assets or illiquid markets. • Best used in trending environments; avoid during consolidation. • Does not include automatic alerts (can be added manually).
█ BEST PRACTICES
• Use on H1 or higher timeframes for cleaner signals. • Avoid trading during news events or low volatility. • Backtest thoroughly before live trading. • Adjust breakout percentage and volume filter based on asset volatility. • Maintain a trading journal to track performance.
All Levels This script draws key price levels on your chart, including:
• Previous Day (PD): High, Low, Close
• Day Before Yesterday (DBY): High, Low, Close
• Pre-Market (PM): High and Low
• Today’s levels: High, Low, Open, Close
• Current bar levels: High, Low, Open, Close
Each level is displayed as a horizontal line with a label showing the level value.
It works on any timeframe, including 1-minute charts, and automatically updates as new bars form.
⸻
2. Features
1. Custom Colors
Each type of level has its own color, declared as a const color. For example:
• Previous Day High = red
• Today’s Close = gold
• Pre-Market High = fuchsia
2. Right-Extending Lines
All horizontal levels extend to the right, so you always see them on the chart.
3. Persistent Labels
Every line has a label at the right side showing its name and price. For example:
• PDH 422
• TODL 415.5
4. Dynamic Updates
The script updates automatically whenever a new bar forms, so levels stay accurate.
5. Session-Based Pre-Market
You can define the pre-market session (default “04:00–09:30 EST”). The script calculates the high and low of this session only.
6. Checkbox Inputs
You can enable/disable entire groups of levels:
• Previous Day
• Day Before Yesterday
• Pre-Market
• Today
• Current bar
Tristan's Box: Pre-Market Range Breakout + RetestMarket Context:
This is designed for U.S. stocks, focusing on pre-market price action (4:00–9:30 AM ET) to identify key support/resistance levels before the regular session opens.
Built for 1 min and 5 min timelines, and is intended for day trading / scalping.
Core Idea:
Pre-market range (high/low) often acts as a magnet for price during regular hours.
The first breakout outside this range signals potential strong momentum in that direction.
Retest of the breakout level confirms whether the breakout is valid, avoiding false moves.
Step-by-Step Logic:
Pre-Market Range Identification:
Track high and low from 4:00–9:30 AM ET.
Draw a box spanning this range for visual reference and calculation.
Breakout Detection:
When the first candle closes above the pre-market high → long breakout.
When the first candle closes below the pre-market low → short breakout.
The first breakout candle is highlighted with a “YOLO” label for visual confirmation.
Retest Confirmation:
Identify the first candle whose wick touches the pre-market box (high touches top for short, low touches bottom for long).
Wait for the next candle: if it closes outside the box, it confirms the breakout.
Entry Execution:
Long entry: on the confirming candle after a wick-touch above the pre-market high.
Short entry: on the confirming candle after a wick-touch below the pre-market low.
Only the first valid entry per direction per day is taken.
Visuals & Alerts:
Box represents pre-market high/low.
Top/bottom box border lines show the pre-market high / low levels cleanly.
BUY/SELL markers are pinned to the confirming candle.
Added a "YOLO" marker on breakout candle.
Alert conditions trigger when a breakout is confirmed by the retest.
Strategy Type:
Momentum breakout strategy with confirmation retest.
Combines pre-market structure and risk-managed entries.
Designed to filter false breakouts by requiring confirmation on the candle after the wick-touch.
In short, it’s a pre-market breakout momentum strategy: it uses the pre-market high/low as reference, waits for a breakout, and then enters only after a confirmation retest, reducing the chance of entering on a false spike.
Always use good risk management.
Volumatic Fair Value Gaps [BigBeluga]🔵 OVERVIEW
The Volumatic Fair Value Gaps indicator detects and plots size-filtered Fair Value Gaps (FVGs) and immediately analyzes the bullish vs. bearish volume composition inside each gap. When an FVG forms, the tool samples volume from a 10× lower timeframe , splits it into Buy and Sell components, and overlays two compact bars whose percentages always sum to 100%. Each gap also shows its total traded volume . A live dashboard (top-right) summarizes how many bullish and bearish FVGs are currently active and their cumulative volumes—offering a quick read on directional participation and trend pressure.
🔵 CONCEPTS
FVGs (Fair Value Gaps) : Imbalance zones between three consecutive candles where price “skips” trading. The script plots bullish and bearish gaps and extends them until mitigated.
Size Filtering : Only significant gaps (by relative size percentile) are drawn, reducing noise and emphasizing meaningful imbalances.
// Gap Filters
float diff = close > open ? (low - high ) / low * 100 : (low - high) / high *100
float sizeFVG = diff / ta.percentile_nearest_rank(diff, 1000, 100) * 100
bool filterFVG = sizeFVG > 15
Volume Decomposition : For each FVG, the indicator inspects a 10× lower timeframe and aggregates volume of bullish vs. bearish candles inside the gap’s span.
100% Split Bars : Two inline bars per FVG display the % Bull and % Bear shares; their total is always 100%.
Total Gap Volume : A numeric label at the right edge of the FVG shows the total traded volume associated with that gap.
Mitigation Logic : Gaps are removed when price closes through (or touches via high/low—user-selectable) the opposite boundary.
Dashboard Summary : Counts and sums the active bullish/bearish FVGs and their total volumes to gauge directional dominance.
🔵 FEATURES
Bullish & Bearish FVG plotting with independent color controls and visibility toggles.
Adaptive size filter (percentile-based) to keep only impactful gaps.
Lower-TF volume sampling at 10× faster resolution for more granular Buy/Sell breakdown.
Per-FVG volume bars : two horizontal bars showing Bull % and Bear % (sum = 100%).
Per-FVG total volume label displayed at the right end of the gap’s body.
Mitigation source option : choose close or high/low for removing/invalidating gaps.
Overlap control : older overlapped gaps are cleaned to avoid clutter.
Auto-extension : active gaps extend right until mitigated.
Dashboard : shows count of bullish/bearish gaps on chart and cumulative volume totals for each side.
Performance safeguards : caps the number of active FVG boxes to maintain responsiveness.
🔵 HOW TO USE
Turn on/off FVG types : Enable Bullish FVG and/or Bearish FVG depending on your focus.
Tune the filter : The script already filters by relative size; if you need fewer (stronger) signals, increase the percentile threshold in code or reduce the number of displayed boxes.
Choose mitigation source :
close — stricter; gap is removed when a closing price crosses the boundary.
high/low — more sensitive; a wick through the boundary mitigates the gap.
Read the per-FVG bars :
A higher Bull % inside a bullish gap suggests constructive demand backing the imbalance.
A higher Bear % inside a bearish gap suggests supply is enforcing the imbalance.
Use total gap volume : Larger totals imply more meaningful interest at that imbalance; confluence with structure/HTF levels increases relevance.
Watch the dashboard : If bullish counts and cumulative volume exceed bearish, market pressure is likely skewed upward (and vice versa). Combine with trend tools or market structure for entries/exits.
Optional: hide volume bars : Disable Volume Bars when you want a cleaner FVG map while keeping total volume labels and the dashboard.
🔵 CONCLUSION
Volumatic Fair Value Gaps blends precise FVG detection with lower-timeframe volume analytics to show not only where imbalances exist but also who powers them. The per-gap Bull/Bear % bars, total volume labels, and the cumulative dashboard together provide a fast, high-signal read on directional participation. Use the tool to prioritize higher-quality gaps, align with trend bias, and time mitigations or continuations with greater confidence.
