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Swing Points & FVGClassic ITH/ITL Intermediate Term High - High that has short term high on either of it's side. Intermediate Term Low - Low that has short term low on either of it's side. FVG The indicator also marks Fair Value Gaps which is a very important concept in price action trading. FVGs are formed when there is ineffeciency,or imbalance, in the market. Rebalanced ITH/ITL Rebalanced ITH - A short term high that rebalanced the ineffeciency in price can be considered as an Intermediate Term High. Rebalanced ITL - A short term low that rebalanced the ineffeciency in price can be considered as an Intermediate Term Low. Use the ITH and ITL points marked by the indicator to determine the structure of the market. Indicator repaints only when it tries to identify the latest ITH/ITL.
Pine Script® 인디케이터
Vulnerable_human_x의
15
HTF FVG and Wick Fill trackingImbalances in the charts are some of the clearest and most traded price areas. Two of the best and most used are fair value gaps FVGs and large candle wicks. In both of these price appears to move in such a way that most are left behind having 'missed' the move. But in reality price will often come back to these price points to re-balance and absorb the liquidity that was left behind. This indicator takes these areas and makes viewing and tracking them clearer than ever. It does this, by first allowing the user to overlay a higher timeframe candle on the current chart. This in itself provides an in depth look at a higher timeframe candle both as it forms and in its final form. Next the indicator identifies either the FVG or large wicks, on the chosen higher timeframe, all while the chart remains on a lower timeframe. As seen here the fair value gaps are clearly highlighted, taken from a 4 hour timeframe, while the actual chart is on 15 minutes. This allows the user even greater accuracy in identifying their key trading areas. Utilizing the indicators unique feature, these areas can optionally be extended forward to the current timeframe and 'filled' in realtime. Areas that are filled to the users defined level, will be removed from the chart. With supplementary settings for how much history to show, how large of a wick should be highlighted and complete control over the colour scheme, users will be able to track and understand the filling of imbalances like never before.
Pine Script® 인디케이터
Texmoonbeam의
11
Nef33-Volume Footprint ApproximationDescription of the "Volume Footprint Approximation" Indicator Purpose The "Volume Footprint Approximation" indicator is a tool designed to assist traders in analyzing market volume dynamics and anticipating potential trend changes in price. It is inspired by the concept of a volume footprint chart, which visualizes the distribution of trading volume across different price levels. However, since TradingView does not provide detailed intrabar data for all users, this indicator approximates the behavior of a footprint chart by using available volume and price data (open, close, volume) to classify volume as buy or sell, calculate volume delta, detect imbalances, and generate trend change signals. The indicator is particularly useful for identifying areas of high buying or selling activity, imbalances between supply and demand, delta divergences, and potential reversal points in the market. It provides specific signals for bullish and bearish trend changes, making it suitable for traders looking to trade reversals or confirm trends. How It Works The indicator uses volume and price data from each candlestick to perform the following calculations: Volume Classification: Classifies the volume of each candlestick as "buy" or "sell" based on price movement: If the closing price is higher than the opening price (close > open), the volume is classified as "buy." If the closing price is lower than the opening price (close < open), the volume is classified as "sell." If the closing price equals the opening price (close == open), it compares with the previous close to determine the direction: If the current close is higher than the previous close, it is classified as "buy." If the current close is lower than the previous close, it is classified as "sell." If the current close equals the previous close, the classification from the previous bar is used. Delta Calculation: Calculates the volume delta as the difference between buy volume and sell volume (buyVolume - sellVolume). A positive delta indicates more buy volume; a negative delta indicates more sell volume. Imbalance Detection: Identifies imbalances between buy and sell volume: A buy imbalance occurs when buy volume exceeds sell volume by a defined percentage (default is 300%). A sell imbalance occurs when sell volume exceeds buy volume by the same percentage. Delta Divergence Detection: Positive Delta Divergence: Occurs when the price is falling (for at least 2 bars) but the delta is increasing or becomes positive, indicating that buyers are entering despite the price decline. Negative Delta Divergence: Occurs when the price is rising (for at least 2 bars) but the delta is decreasing or becomes negative, indicating that sellers are entering despite the price increase. Trend Change Signals: Bullish Signal (trendChangeBullish): Generated when the following conditions are met: There is a positive delta divergence. The delta has moved from a negative value (e.g., -500) to a positive value (e.g., +200) over the last 3 bars. There is a buy imbalance. The price is near a historical support level (approximated as the lowest low of the last 50 bars). Bearish Signal (trendChangeBearish): Generated when the following conditions are met: There is a negative delta divergence. The delta has moved from a positive value (e.g., +500) to a negative value (e.g., -200) over the last 3 bars. There is a sell imbalance. The price is near a historical resistance level (approximated as the highest high of the last 50 bars). Visual Elements The indicator is displayed in a separate panel below the price chart (overlay=false) and includes the following elements: Volume Histograms: Buy Volume: Represented by a green histogram. Shows the volume classified as "buy." Sell Volume: Represented by a red histogram. Shows the volume classified as "sell." Note: The histograms overlap, and the last plotted histogram (red) takes visual precedence, meaning the sell volume may cover the buy volume if it is larger. Delta Line: Delta Volume: Represented by a blue line. Shows the difference between buy and sell volume. A line above zero indicates more buy volume; a line below zero indicates more sell volume. A dashed gray horizontal line marks the zero level for easier interpretation. Imbalance Backgrounds: Buy Imbalance: Light green background when buy volume exceeds sell volume by the defined percentage. Sell Imbalance: Light red background when sell volume exceeds buy volume by the defined percentage. Divergence Backgrounds: Positive Delta Divergence: Lime green background when a positive delta divergence is detected. Negative Delta Divergence: Fuchsia background when a negative delta divergence is detected. Trend Change Signals: Bullish Signal: Green label with the text "Bullish Trend Change" when the conditions for a bullish trend change are met. Bearish Signal: Red label with the text "Bearish Trend Change" when the conditions for a bearish trend change are met. Information Labels: Below each bar, a label displays: Total Vol: The total volume of the bar. Delta: The delta volume value. Alerts The indicator generates the following alerts: Positive Delta Divergence: "Positive Delta Divergence Detected! Price is falling, but delta is increasing." Negative Delta Divergence: "Negative Delta Divergence Detected! Price is rising, but delta is decreasing." Bullish Trend Change Signal: "Bullish Trend Change Signal! Positive Delta Divergence, Delta Rise, Buy Imbalance, and Near Support." Bearish Trend Change Signal: "Bearish Trend Change Signal! Negative Delta Divergence, Delta Drop, Sell Imbalance, and Near Resistance." These alerts can be configured in TradingView to receive real-time notifications. Adjustable Parameters The indicator allows customization of the following parameters: Imbalance Threshold (%): The percentage required to detect an imbalance between buy and sell volume (default is 300%). Lookback Period for Divergence: Number of bars to look back for detecting price and delta trends (default is 2 bars). Support/Resistance Lookback Period: Number of bars to look back for identifying historical support and resistance levels (default is 50 bars). Delta High Threshold (Bearish): Minimum delta value 2 bars ago for the bearish signal (default is +500). Delta Low Threshold (Bearish): Maximum delta value in the current bar for the bearish signal (default is -200). Delta Low Threshold (Bullish): Maximum delta value 2 bars ago for the bullish signal (default is -500). Delta High Threshold (Bullish): Minimum delta value in the current bar for the bullish signal (default is +200). Practical Use The indicator is useful for the following purposes: Identifying Trend Changes: The trend change signals (trendChangeBullish and trendChangeBearish) indicate potential price reversals. For example, a bullish signal near a support level may be an opportunity to enter a long position. Detecting Divergences: Delta divergences (positive and negative) can anticipate trend changes by showing a disagreement between price movement and underlying buying/selling pressure. Finding Key Levels: Imbalances (green and red backgrounds) often coincide with support and resistance levels, helping to identify areas where the market might react. Confirming Trends: A consistently positive delta in an uptrend or a negative delta in a downtrend can confirm the strength of the trend. Identifying Failed Auctions: Although not detected automatically, you can manually identify failed auctions by observing a price move to new highs/lows with decreasing volume in the direction of the move. Limitations Intrabar Data: It does not use detailed intrabar data, making it less precise than a native footprint chart. Approximations: Volume classification and support/resistance detection are approximations, which may lead to false signals. Volume Dependency: It requires reliable volume data, so it may be less effective on assets with inaccurate volume data (e.g., some forex pairs). False Signals: Divergences and imbalances do not always indicate a trend change, especially in strongly trending markets. Recommendations Combine with Other Indicators: Use tools like RSI, MACD, support/resistance levels, or candlestick patterns to confirm signals. Trade on Higher Timeframes: Signals are more reliable on higher timeframes like 1-hour or 4-hour charts. Perform Backtesting: Evaluate the indicator's accuracy on historical data to adjust parameters and improve effectiveness. Adjust Parameters: Modify thresholds (e.g., imbalanceThreshold or supportResistanceLookback) based on the asset and timeframe you are trading. Conclusion The "Volume Footprint Approximation" indicator is a powerful tool for analyzing volume dynamics and anticipating price trend changes. By classifying volume, calculating delta, detecting imbalances and divergences, and generating trend change signals, it provides traders with valuable insights into market buying and selling pressure. While it has limitations due to the lack of intrabar data, it can be highly effective when used in combination with other technical analysis tools and on assets with reliable volume data.
Pine Script® 인디케이터
neftali1327의
Depth of Market (DOM) [LuxAlgo]The Depth Of Market (DOM) tool allows traders to look under the hood of any market, taking price and volume analysis to the next level. The following features are included: DOM, Time & Sales, Volume Profile, Depth of Market, Imbalances, Buying Pressure, and up to 24 key intraday levels (it really packs a punch). As a disclaimer, this tool does not use tick data, it is a DOM reconstruction from the provided real-time time series data (price and volume). So the volume you see is from filled orders only, this tool does not show unfilled limit orders. Traders can enable or disable any of the features at will to avoid being overwhelmed with too much information and to make the tool perform faster. The features that have the biggest impact on performance are Historical Data Collection, Key Levels (POC & VWAP), Time & Sales, Profile, and Imbalances. Disable these features to improve the indicator computational performance. 🔶 DOM This is the simplest form of the tool, a simple DOM or ladder that displays the following columns: PRICE: Price level BID: Total number of market sell orders filled or limit buy orders filled. SELL: Sell market orders BUY: Buy market orders ASK: Total number of market buy orders filled or limit sell orders filled. The DOM only collects historical data from the last 24 hours and real-time data. Traders can select a reset period for the DOM with two options: DAILY: Resets at the beginning of each trading day SESSIONS: Resets twice, as DAILY and 15.5 hours later, to coincide with the start of the RTH session for US tickers. The DOM has two main modes, it can display price levels as ticks or points. The default is automatic based on the current daily volatility, but traders can manually force one mode or the other if they wish. For convenience, traders have the option to set the number of lines (price levels), and the size of the text and to display only real-time data. By default, the top price is set to 0 so that the DOM automatically adjusts the price levels to be displayed, but traders can set the top price manually so that the tool displays only the desired price levels in a fixed manner. 🔹 Volume Profile As additional features to the basic DOM, traders have access to the volume profile histogram and the total volume per price level. This helps traders identify at a glance key price areas where volume is accumulating (high volume nodes) or areas where volume is lacking (low volume nodes) - these areas are important to some traders who base their decision-making process on them. 🔹 Imbalances Other added features are imbalances and buying pressure: Interlevel Imbalance: volume delta between two different price levels Intralevel Imbalance: delta between buy and sell volume at the same price level Buying Pressure Percent: percentage of buy volume compared to total volume Imbalances can help traders identify areas of interest in the price for possible support or resistance. 🔹 Depth Depth allows traders to see at a glance how much supply is above the current price level or how much demand is below the current price level. Above the current price level shows the cumulative ask volume (filled sell limit orders) and below the current price level shows the cumulative bid volume (filled buy limit orders). 🔶 KEY LEVELS The tool includes up to 24 different key intraday levels of particular relevance: Previous Week Levels PWH: Previous week high PWL: Previous week low PWM: Previous week middle PWS: Previous week settlement (close) Previous Day Levels PDH: Previous day high PDL: Previous day low PDM: Previous day middle PDS: Previous day settlement (close) Current Day Levels OPEN: Open of day (or session) HOD: High of day (or session) LOD: Low of day (or session) MOD: Middle of day (or session) Opening Range ORH: Open range high ORL: Open range low Initial Balance IBH: Initial balance high IBL: Initial balance low VWAP +3SD: Volume weighted average price plus 3 standard deviations +2SD: Volume weighted average price plus 2 standard deviations +1SD: Volume weighted average price plus 1 standard deviation VWAP: Volume weighted average price -1SD: Volume weighted average price minus 1 standard deviation -2SD: Volume weighted average price minus 2 standard deviations -3SD: Volume weighted average price minus 3 standard deviations POC: Point of control Different traders look at different levels, the key levels shown here are objective and specific areas of interest that traders can act on, providing us with potential areas of support or resistance in the price. 🔶 TIME & SALES The tool also features a full-time and sales panel with time, price, and size columns, a size filter, and the ability to set the timezone to display time in the trader's local time. The information shown here is what feeds the DOM and it can be useful in several ways, for example in detecting absorption. If a large number of orders are coming into the market but the price is barely moving, this indicates that there is enough liquidity at these levels to absorb all these orders, so if these orders stop coming into the market, the price may turn around. 🔶 SETTINGS Period: Select the anchoring period to start data collection, DAILY will anchor at the start of the trading day, and SESSIONS will start as DAILY and 15.5 hours later (RTH for US tickers). Mode: Select between AUTO and MANUAL modes for displaying TICKS or POINTS, in AUTO mode the tool will automatically select TICKS for tickers with a daily average volatility below 5000 ticks and POINTS for the rest of the tickers. Rows: Select the number of price levels to display Text Size: Select the text size 🔹 DOM DOM: Enable/Disable DOM display Realtime only: Enable/Disable real-time data only, historical data will be collected if disabled Top Price: Specify the price to be displayed on the top row, set to 0 to enable dynamic DOM Max updates: Specify how many times the values on the SELL and BUY columns are accumulated until reset. Profile/Depth size: Maximum size of the histograms on the PROFILE and DEPTH columns. Profile: Enable/Disable Profile column. High impact on performance. Volume: Enable/Disable Volume column. Total volume traded at price level. Interlevel Imbalance: Enable/Disable Interlevel Imbalance column. Total volume delta between the current price level and the price level above. High impact on performance. Depth: Enable/Disable Depth, showing the cumulative supply above the current price and the cumulative demand below. Impact on performance. Intralevel Imbalance: Enable/Disable Intralevel Imbalance column. Delta between total buy volume and total sell volume. High impact on performance. Buying Pressure Percent: Enable/Disable Buy Percent column. Percentage of total buy volume compared to total volume. Imbalance Threshold %: Threshold for highlighting imbalances. Set to 90 to highlight the top 10% of interlevel imbalances and the top and bottom 10% of intra-level imbalances. Crypto volume precision: Specify the number of decimals to display on the volume of crypto assets 🔹 Key Levels Key Levels: Enable/Disable KEY column. Very high performance impact. Previous Week: Enable/Disable High, Low, Middle, and Close of the previous trading week. Previous Day: Enable/Disable High, Low, Middle, and Settlement of the previous trading day. Current Day/Session: Enable/Disable Open, High, Low and Middle of the current period. Open Range: Enable/Disable High and Low of the first candle of the period. Initial Balance: Enable/Disable High and Low of the first hour of the period. VWAP: Enable/Disable Volume-weighted average price of the period with 1, 2, and 3 standard deviations. POC: Enable/Disable Point of Control (price level with the highest volume traded) of the period. 🔹 Time & Sales Time & Sales: Enable/Disable time and sales panel. Timezone offset (hours): Enter your time zone\'s offset (+ or −), including a decimal fraction if needed. Order Size: Set order size filter. Orders smaller than the value are not displayed. 🔶 THANKS Hi, I'm makit0 coder of this tool and proud member of the LuxAlgo Opensource team, it's an honor to be part of the LuxAlgo family doing something I love as it's writing opensource code and sharing it with the world. I'd like to thank all of you who use, comment on, and vote for all of our open-source tools, and all of you who give us your support. And of course thanks to the PineCoders family for all the work in front of and behind the scenes that makes the PineScript community what it is, simply the best. Peace, Love & PineScript!
Pine Script® 인디케이터
LuxAlgo의
28
ICT Concepts [LuxAlgo]The ICT Concepts indicator regroups core concepts highlighted by trader and educator "The Inner Circle Trader" (ICT) into an all-in-one toolkit. Features include Market Structure (MSS & BOS), Order Blocks, Imbalances, Buyside/Sellside Liquidity, Displacements, ICT Killzones, and New Week/Day Opening Gaps. 🔶 SETTINGS 🔹 Mode When Present is selected, only data of the latest 500 bars are used/visualized, except for NWOG/NDOG 🔹 Market Structure Enable/disable Market Structure. Length: will set the lookback period/sensitivity. In Present Mode only the latest Market Structure trend will be shown, while in Historical Mode, previous trends will be shown as well: You can toggle MSS/BOS separately and change the colors: 🔹 Displacement Enable/disable Displacement. 🔹 Volume Imbalance Enable/disable Volume Imbalance. # Visible VI's: sets the amount of visible Volume Imbalances (max 100), color setting is placed at the side. 🔹 Order Blocks Enable/disable Order Blocks. Swing Lookback: Lookback period used for the detection of the swing points used to create order blocks. Show Last Bullish OB: Number of the most recent bullish order/breaker blocks to display on the chart. Show Last Bearish OB: Number of the most recent bearish order/breaker blocks to display on the chart. Color settings. Show Historical Polarity Changes: Allows users to see labels indicating where a swing high/low previously occurred within a breaker block. Use Candle Body: Allows users to use candle bodies as order block areas instead of the full candle range. Change in Order Blocks style: 🔹 Liquidity Enable/disable Liquidity. Margin: sets the sensitivity, 2 points are fairly equal when:        'point 1' < 'point 2' + (10 bar Average True Range / (10 / margin)) and        'point 1' > 'point 2' -   (10 bar Average True Range / (10 / margin)) # Visible Liq. boxes: sets the amount of visible Liquidity boxes (max 50), this amount is for Sellside and Buyside boxes separately. Colour settings. Change in Liquidity style: 🔹 Fair Value Gaps Enable/disable FVG's. Balance Price Range: this is the overlap of latest bullish and bearish Fair Value Gaps.      By disabling Balance Price Range only FVGs will be shown. Options: Choose whether you wish to see FVG or Implied Fair Value Gaps (this will impact Balance Price Range as well) # Visible FVG's: sets the amount of visible FVG's (max 20, in the same direction). Color settings. Change in FVG style: 🔹 NWOG/NDOG Enable/disable NWOG; color settings; amount of NWOG shown (max 50). Enable/disable NDOG    ; color settings; amount of NDOG     shown (max 50). 🔹 Fibonacci This tool connects the 2 most recent bullish/bearish (if applicable) features of your choice, provided they are enabled. 3 examples (FVG, BPR, OB): Extend lines -> Enabled (example OB): 🔹 Killzones Enable/disable all or the ones you need. Time settings are coded in the corresponding time zones. 🔶 USAGE By default, the indicator displays each feature relevant to the most recent price variations in order to avoid clutter on the chart & to provide a very similar experience to how a user would contruct ICT Concepts by hand. Users can use the historical mode in the settings to see historical market structure/imbalances. The ICT Concepts indicator has various use cases, below we outline many examples of how a trader could find usage of the features together. In the above image we can see price took out Sellside liquidity, filled two bearish FVGs, a market structure shift, which then led to a clean retest of a bullish FVG as a clean setup to target the order block above. Price then fills the OB which creates a breaker level as seen in yellow. Broken OBs can be useful for a trader using the ICT Concepts indicator as it marks a level where orders have now been filled, indicating a solidified level that has proved itself as an area of liquidity. In the image above we can see a trade setup using a broken bearish OB as a potential entry level. We can see the New Week Opening Gap (NWOG) above was an optimal level to target considering price may tend to fill / react off of these levels according to ICT. In the next image above, we have another example of various use cases where the ICT Concepts indicator hypothetically allow traders to find key levels & find optimal entry points using market structure. In the image above we can see a bearish Market Structure Shift (MSS) is confirmed, indicating a potential trade setup for targeting the Balanced Price Range imbalance (BPR) below with a stop loss above the buyside liquidity. Although what we are demonstrating here is a hindsight example, it shows the potential usage this toolkit gives you for creating trading plans based on ICT Concepts. Same chart but playing out the history further we can see directly after price came down to the Sellside liquidity & swept below it... Then by enabling IFVGs in the settings, we can see the IFVG retests alongside the Sellside & Buyside liquidity acting in confluence. Which allows us to see a great bullish structure in the market with various key levels for potential entries. Here we can see a potential bullish setup as price has taken out a previous Sellside liquidity zone and is now retesting a NWOG + Volume Imbalance. Users also have the option to display Fibonacci retracements based on market structure, order blocks, and imbalance areas, which can help place limit/stop orders more effectively as well as finding optimal points of interest beyond what the primary ICT Concepts features can generate for a trader. In the above image we can see the Fibonacci extension was selected to be based on the NWOG giving us some upside levels above the buyside liquidity. 🔶 DETAILS Each feature within the ICT Concepts indicator is described in the sub sections below. 🔹 Market Structure Market structure labels are constructed from price breaking a prior swing point. This allows a user to determine the current market trend based on the price action. There are two types of Market Structure labels included: Market Structure Shift (MSS) Break Of Structure (BOS) A MSS occurs when price breaks a swing low in an uptrend or a swing high in a downtrend, highlighting a potential reversal. This is often labeled as "CHoCH", but ICT specifies it as MSS. On the other hand, BOS labels occur when price breaks a swing high in an uptrend or a swing low in a downtrend. The occurrence of these particular swing points is caused by retracements (inducements) that highlights liquidity hunting in lower timeframes. 🔹 Order Blocks More significant market participants (institutions) with the ability of placing large orders in the market will generally place a sequence of individual trades spread out in time. This is referred as executing what is called a "meta-order". Order blocks highlight the area where potential meta-orders are executed. Bullish order blocks are located near local bottoms in an uptrend while bearish order blocks are located near local tops in a downtrend. When price mitigates (breaks out) an order block, a breaker block is confirmed. We can eventually expect price to trade back to this breaker block offering a new trade opportunity. 🔹 Buyside & Sellside Liquidity Buyside / Sellside liquidity levels highlight price levels where market participants might place limit/stop orders. Buyside liquidity levels will regroup the stoploss orders of short traders as well as limit orders of long traders, while Sellside liquidity levels will regroup the stoploss orders of long traders as well as limit orders of short traders. These levels can play different roles. More informed market participants might view these levels as source of liquidity, and once liquidity over a specific level is reduced it will be found in another area. 🔹 Imbalances Imbalances highlight disparities between the bid/ask, these can also be defined as inefficiencies, which would suggest that not all available information is reflected by the price and would as such provide potential trading opportunities. It is common for price to "rebalance" and seek to come back to a previous imbalance area. ICT highlights multiple imbalance formations: Fair Value Gaps: A three candle formation where the candle shadows adjacent to the central candle do not overlap, this highlights a gap area. Implied Fair Value Gaps: Unlike the fair value gap the implied fair value gap has candle shadows adjacent to the central candle overlapping. The gap area is constructed from the average between the respective shadow and the nearest extremity of their candle body. Balanced Price Range: Balanced price ranges occur when a fair value gap overlaps a previous fair value gap, with the overlapping area resulting in the imbalance area. Volume Imbalance: Volume imbalances highlight gaps between the opening price and closing price with existing trading activity (the low/high overlap the previous high/low). Opening Gap: Unlike volume imbalances opening gaps highlight areas with no trading activity. The low/high does not reach previous high/low, highlighting a "void" area. 🔹 Displacement Displacements are scenarios where price forms successive candles of the same sentiment (bullish/bearish) with large bodies and short shadows. These can more technically be identified by positive auto correlation (a close to open change is more likely to be followed by a change of the same sign) as well as volatility clustering (large changes are followed by large changes). Displacements can be the cause for the formation of imbalances as well as market structure, these can be caused by the full execution of a meta order. 🔹 Kill Zones Killzones represent different time intervals that aims at offering optimal trade entries. Killzones include: - New York Killzone (7:9 ET) - London Open Killzone (2:5 ET) - London Close Killzone (10:12 ET) - Asian Killzone (20:00 ET) 🔶 Conclusion & Supplementary Material This script aims to emulate how a trader would draw each of the covered features on their chart in the most precise representation to how it's actually taught by ICT directly. There are many parallels between ICT Concepts and Smart Money Concepts that we released in 2022 which has a more general & simpler usage: ICT Concepts, however, is more specifically aligned toward the community's interpretation of how to analyze price 'based on ICT', rather than displaying features to have a more classic interpretation for a technical analyst.
Pine Script® 인디케이터
LuxAlgo의
168
Footprint IQ Pro [TradingIQ]Hello Traders! Introducing "Footprint IQ Pro"! Footprint IQ Pro is an all-in-one Footprint indicator with several unique features. Features Calculated delta at tick level Calculated delta ratio at tick level Calculated buy volume at tick level Calculated sell volume at tick level Imbalance detection Stacked imbalance detection Stacked imbalance alerts Value area and POC detection Highest +net delta levels detection Lowest -net delta levels detection CVD by tick levels Customizable values area percentage The image above thoroughly outlines what each metric in the delta boxes shows! Metrics In Delta Boxes "δ:", "\nδ%:", "\n⧎: ", "\n◭: ", "\n⧩: " δ Delta (Difference between buy and sell volume) δ% Delta Ratio (Delta as a percentage of total volume) ⧎ Total Volume At Level (Total volume at the price area) ◭ Total Buy Volume At Level (Total buy volume at the price area) ⧩ Total Sell Volume At Level (total sell volume at the price area) Each metric comes with a corresponding symbol. That said, until you become comfortable with the symbol, you can also turn on the descriptive labels setting! The image above exemplifies the feature. The image above shows Footprint IQ's full power! Additionally, traders with an upgraded TradingView plan can make use of the "1-Second" feature Footprint IQ offers! The image above shows each footprint generated using 1-second volume data. 1-second data is highly granular compared to 1-minute data and, consequently, each footprint is exceptionally more accurate! Imbalance Detection Footprint IQ pro is capable of detecting user-defined delta imbalances. The image above further explains how Footprint IQ detects imbalances! The imbalance percentage is customizable in the settings, and is set to 70% by default. Therefore, When net delta is positive, and the positive net delta constitutes >=70% of the total volume, a buying imbalance will be detected (upwards triangle). When net delta is negative, and the negative net delta constitutes >=70% of the total volume, a buying imbalance will be detected (downwards triangle). Stacked Imbalance Detection In addition to imbalance detection, Footprint IQ Pro can also detect stacked imbalances! The image above shows Footprint IQ Pro detecting stacked imbalances! Stacked imbalances occur when consecutive imbalances at sequential price areas occur. Stacked imbalances are generally interpreted as significant price moves that are supported by volume, rather than a significant result with disproportionate effort. The criteria for stacked imbalance detection (how many imbalances must occur at sequential price areas) is customizable in the settings. The default value is three. Therefore, when three imbalances occur at sequential price areas, golden triangles will begin to print to show a stacked imbalance. Additionally, traders can set alerts for when stacked imbalances occur! Highest +Delta and Highest -Delta Levels In addition to being a fully-fledged Footprint indicator, Footprint IQ Pro goes one step further by detecting price areas where the greater +Delta and -Delta are! The image above shows price behavior near highest +Delta price areas detected by Footprint IQ! These +Delta levels are considered important as there has been strong interest from buyers at these price areas when they are traded at. It's expected that these levels can function as support points that are supported by volume. The image above shows a similar function for resistance points! Blue lines = High +Delta Detected Price Areas Red lines = High -Delta Detected Price Areas Value Area Detection Similar to traditional volume profile, Footprint IQ Pro displays the value area per bar. Green lines next to each footprint show the value area for the bar. The value area % is customizable in the settings. CVD Levels Footprint IQ Pro is capable of storing historical volume delta information to provide CVD measurements at each price area! The image above exemplifies this feature! When this feature is enabled, you will see the CVD of each price area, rather than the net delta! And that's it! Thank you so much to TradingView for offering the greatest charting platform for everyone to create on! If you have any feature requests you'd like to see for Footprint IQ, please feel free to share them with us! Thank you!
Pine Script® 인디케이터
Trading-IQ의
41
NWOG with FVGThe New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a trading tool designed to analyze price action and detect potential support, resistance, and trade entry opportunities based on two significant concepts: New Week Opening Gap (NWOG): The price range between the high and low of the first candle of the new trading week. Fair Value Gap (FVG): A price imbalance or gap between candlesticks, where price may retrace to fill the gap, indicating potential support or resistance zones. When combined, these two concepts help traders identify key price levels (from the new week open) and price imbalances (from FVGs), which can act as powerful indicators for potential market reversals, retracements, or continuation trades. 1. New Week Opening Gap (NWOG): Definition: The New Week Opening Gap (NWOG) refers to the range between the high and low of the first candle in a new trading week (often, the Monday open in most markets). Purpose: NWOG serves as a significant reference point for market behavior throughout the week. Price action relative to this range helps traders identify: Support and Resistance zones. Bullish or Bearish sentiment depending on price’s relation to the opening gap levels. Areas where the market may retrace or reverse before continuing in the primary trend. How NWOG is Identified: The high and low of the first candle of the new week are drawn on the chart, and these levels are used to assess the market's behavior relative to this range. Trading Strategy Using NWOG: Above the NWOG Range: If price is trading above the NWOG levels, it signals bullish sentiment. Below the NWOG Range: If price is trading below the NWOG levels, it signals bearish sentiment. Price Touching the NWOG Levels: If price approaches or breaks through the NWOG levels, it can indicate a potential retracement or reversal. 2. Fair Value Gap (FVG): Definition: A Fair Value Gap (FVG) occurs when there is a gap or imbalance between two consecutive candlesticks, where the high of one candle is lower than the low of the next candle (or vice versa), creating a zone that may act as a price imbalance. Purpose: FVGs represent an imbalance in price action, often indicating that the market moved too quickly and left behind a price region that was not fully traded. FVGs can serve as areas where price is likely to retrace to fill the gap, as traders seek to correct the imbalance. How FVG is Identified: An FVG is detected if: Bearish FVG: The high of one candle is less than the low of the next (gap up). Bullish FVG: The low of one candle is greater than the high of the next (gap down). The area between the gap is drawn as a shaded region, indicating the FVG zone. Trading Strategy Using FVG: Price Filling the FVG: Price is likely to retrace to fill the gap. A reversal candle in the FVG zone can indicate a trade setup. Support and Resistance: FVG zones can act as support (in a bullish FVG) or resistance (in a bearish FVG) if the price retraces to them. Combined Strategy: New Week Opening Gap (NWOG) and Fair Value Gap (FVG): The combined use of NWOG and FVG helps traders pinpoint high-probability price action setups where: The New Week Opening Gap (NWOG) acts as a major reference level for potential support or resistance. Fair Value Gaps (FVG) represent market imbalances where price might retrace to, filling the gap before continuing its move. Signal Logic: Buy Signal: Price touches or breaks above the NWOG range (indicating a bullish trend) and there is a bullish FVG present (gap indicating a support area). Price retraces to fill the bullish FVG, offering a potential buy opportunity. Sell Signal: Price touches or breaks below the NWOG range (indicating a bearish trend) and there is a bearish FVG present (gap indicating a resistance area). Price retraces to fill the bearish FVG, offering a potential sell opportunity. Example: Buy Setup: Price breaks above the NWOG resistance level, and a bullish FVG (gap down) appears below. Traders can wait for price to pull back to fill the gap and then take a long position when confirmation occurs. Sell Setup: Price breaks below the NWOG support level, and a bearish FVG (gap up) appears above. Traders can wait for price to retrace and fill the gap before entering a short position. Key Benefits of the Combined NWOG & FVG Indicator: Combines Two Key Concepts: NWOG provides context for the market's overall direction based on the start of the week. FVG highlights areas where price imbalances exist and where price might retrace to, making it easier to spot entry points. High-Probability Setups: By combining these two strategies, the indicator helps traders spot high-probability trades based on major market levels (from NWOG) and price inefficiencies (from FVG). Helps Identify Reversal and Continuation Opportunities: FVGs act as potential support and resistance zones, and when combined with the context of the NWOG levels, it gives traders clearer guidance on where price might reverse or continue its trend. Clear Visual Signals: The indicator can plot the NWOG levels on the chart, and shade the FVG areas, providing a clean and easy-to-read chart with entry signals marked for buy and sell opportunities. Conclusion: The New Week Opening Gap (NWOG) and Fair Value Gap (FVG) combined indicator is a powerful tool for traders who use price action strategies. By incorporating the New Week's opening range and identifying gaps in price action, this indicator helps traders identify potential support and resistance zones, pinpoint entry opportunities, and increase the probability of successful trades. This combined strategy enhances your analysis by adding layers of confirmation for trades based on significant market levels and price imbalances. Let me know if you'd like more details or modifications!
Pine Script® 인디케이터
ICT_Concept_Trading의
Fair Value Gap & Gap Profile [BigBeluga]This indicator is designed to help traders identify and utilize fair value gaps on price charts and analyze volume at these points. These gaps, formed by significant price movements, can act as key support and resistance levels. The indicator enhances trading strategies by visually representing these gaps, making it easier for traders to spot potential entry and exit points. ⦿ What Is A Fair Value Gap? Before diving into the practical use of the Fair Value Gap in trading, it's crucial to have a clear understanding of what it is and how to identify it on your charts. The Fair Value Gap, or FVG , is a widely utilized tool among price action traders to detect market inefficiencies or imbalances. Sometimes you will even see them labeled as inefficiencies by other traders. These imbalances arise when buying or selling pressure is significant, resulting in a large upward or downward move, leaving behind an imbalance in the market. The idea behind FVGs is that the market will eventually come back to these inefficiencies in the market before continuing in the same direction as the initial impulsive move. FVGs are important since traders can achieve an edge in the market. Price action traders can also use these imbalances as entry or exit points in the market. By visually representing gaps and their profile, the Fair Value Gap (FVG) & Gap Profile indicator provides a historical overview of gaps within a specified lookback period, showing the distribution and density of gaps across different price levels. This insight helps traders identify zones where the price tends to move more fluidly, often encountering less resistance. High points on the Gap Profile indicate areas where gaps have occurred frequently in the past, which could serve as potential breakout or breakdown zones. ⦿ Key Features: ● Gap Detection and Visualization: - Identifies Bullish and Bearish Gaps: Highlights gaps where the price moved significantly up or down along with a volume. Intensivity of color show strength of FVG by volume - Filter for Significant Gaps: Allows users to filter out insignificant gaps, ensuring only relevant gaps are displayed. ● Customizable Display Options: - Shows Filled Gaps: Option to display gaps that have been filled, aiding in the analysis of historical price movements. - Displays Filled Gap Levels: Highlights the levels of filled gaps. ● Gap Profile: Gap Profile Insight: The Gap Profile feature shows the distribution of gaps over a specified lookback period. High points on the FVG Profile indicate areas with a significant number of gaps in the past. These high points are signs of low resistance for price movement. Consequently, at these points, the price tends to move more easily without encountering strong resistance. Traders can use this information to identify potential breakout or breakdown zones where price action is likely to be more fluid. ● Grab Liquidity Detection: - Collect liquidity Signals: Plots markers on the chart where price interacts with gap levels, providing potential trade signals based on liquidity. ⦿ How Traders Can Use This Indicator: - Plan Trades: Use gaps as potential entry and exit points, based on whether the price is approaching, filling, or moving away from a gap. - Analyze Market Trends: Understand historical price movements by analyzing filled gaps and their impact on current price action. - Analyze Gap Profile: Identify zones where the price tends to move more fluidly, often encountering less resistance. High points on the Gap Profile indicate areas where gaps have occurred frequently in the past, which could serve as potential breakout or breakdown zones. - Price imbalance: market will eventually come back to these inefficiencies and fill them. inefficiencies or imbalances in the market usually act as a magnet for price. By incorporating the Fair Value Gap & Gap Profile indicator into their trading strategy, traders can gain a clearer understanding of market dynamics and make more informed trading decisions.
Pine Script® 인디케이터
BigBeluga의
8
Dabel MS + FVGThis script is designed to assist traders by identifying market structures, imbalances, and potential trade opportunities using Break of Structure (BOS) and Market Structure Shifts (MSS). It visually highlights imbalances in price action, key pivots, and market structure changes, providing actionable information for making trading decisions. Key features: Imbalances Detection: Highlights bullish and bearish price gaps (Fair Value Gaps) using colored boxes. Users can choose the line style (solid, dashed, or dotted) for imbalance midlines. Market Structure Analysis: Tracks pivot highs and lows to identify BOS and MSS in two separate market structures with adjustable pivot strengths. Customizable Visualization: Allows users to choose line styles, colors, and display options for both imbalances and market structures. Alerts: Alerts traders when BOS or MSS occur, helping to monitor the market effectively. Trading Strategy Imbalance Trading: Imbalances (gaps) represent areas where supply or demand was left unfilled. These gaps often act as magnet zones where the price revisits to fill. Bullish Imbalance: Look for buying opportunities when price enters a green imbalance zone. Bearish Imbalance: Look for selling opportunities when price enters a red imbalance zone. Use the midline of the imbalance box as a key reference point for potential reversals. Break of Structure (BOS) and Market Structure Shift (MSS): BOS: Indicates a continuation of the existing trend. For example: Bullish BOS: Look for continuation in the uptrend after a high is broken. Bearish BOS: Look for continuation in the downtrend after a low is broken. MSS: Suggests a potential reversal in market structure. For example: Bullish MSS: Indicates a possible shift from a bearish to bullish market. Bearish MSS: Indicates a potential shift from a bullish to bearish market. Multiple Market Structures: This script provide two sets of market structures, allowing traders to compare short-term and long-term trends. Adjust the pivot strength to suit your trading style (lower for intraday trading, higher for swing or positional trading). Entry and Exit: Entry: Look for entries near imbalances or after confirmed BOS/MSS in line with the overall trend. Exit: Place stop-loss below/above recent pivots and take profit at nearby support/resistance or imbalance zones. For New Traders Focus on Basics: Understand what BOS and MSS mean and how they signal trend direction or reversals. Use Alerts: Rely on the script's alert system to catch important moments without staring at charts all day. Start Small: Test this strategy on a demo account before using it live. You can understand it more with practice.
Pine Script® 인디케이터
tnumar의
D3m4h GIFVGDescription D3m4h GIFVG is an indicator designed to automatically detect market imbalances—often referred to as FVGs (Fair Value Gaps)—and potential pivot-based shifts in market structure. It offers a dynamic approach to visualizing supply/demand inefficiencies and pivot-based trend changes. Key features include: 1. Pivot-Based Bullish/Bearish Detection The indicator identifies higher-high/lower-low pivot logic as well as “outside bar” pivots. It tracks when the market transitions from bullish to bearish ranges, or vice versa, by using multiple checks: Pivot low/high detection Break-of-structure (when price crosses the last pivot) Opposing FVG detection to confirm an intraday pivot shift 2. FVG (Fair Value Gap) Detection The script automatically scans for bullish or bearish FVG conditions: Bullish FVG: Candle at position (bar_index - 2) has a high below the current candle’s low. Bearish FVG: Candle at position (bar_index - 2) has a low above the current candle’s high. When it detects an FVG, it draws a box on the chart to highlight the price gap (yellow boxes by default). 3. Pivot Range FVG If an FVG forms while the market is in a bullish pivot range, the script can paint a special “blue” FVG to underscore its significance. The same logic applies if a newly formed FVG appears in a bearish pivot range. 4. Filled Gap Cleanup You can optionally hide standard FVG boxes once they’re filled. For example, if the candle’s body (or candle range) covers that gap, the box is removed to keep your chart clean. 5. Pivot-Range FVG “Raided” Cleanup If the pivot-based FVG is later filled from the opposing direction, it turns green and can optionally remove itself after a set number of bars. 6. Informative Table A small table on the chart optionally displays whether or not the pivot-based FVG has been “raided”. You can toggle this table on/off in the settings. How It Works 1. Pivot Shifts The script tracks the last pivot high/low using a combination of candle-based pivot detection and break-of-structure checks (when price crosses the last pivot in the opposite direction). When a shift is detected, the pivot range ID increments—this helps the script know when to remove old pivot-based FVGs or draw new ones. 2. FVG Formation Each new bar checks if a bullish or bearish FVG formed (comparing the high of bar two bars ago to the current low, or the low of bar two bars ago to the current high). If one is found, a box is drawn to highlight the imbalance. Its color and extension depend on script settings. 3. Imbalance or Pivot FVG Standard imbalance boxes appear in yellow. If the new imbalance coincides with a bullish or bearish pivot range, a special “pivot imbalance” box in blue is drawn. 3. Hide Filled If a newly formed candle’s body fully covers the FVG, the box is considered filled. If Hide Filled Gaps is enabled, the box is deleted once it’s covered. 4. Raid Status For the pivot-based (blue) FVG, once price invalidates it from the opposite side, it changes color to green and gets removed after a user-defined number of bars. How to Use 1. Look for FVGs Observe yellow boxes to identify potential intraday imbalances. Watch for price returning to fill these zones. If you see a “blue” box, it signifies a pivot-based FVG in line with a recognized shift in structure—arguably a higher-probability zone. 2. “Hide Filled Gaps” Turn this on if you only want to see currently active or partially filled imbalances. The script cleans up old, fully covered boxes to keep your chart neat. 3. Pivot Shifts Note the script’s internal pivot logic. Each new pivot re-defines bullish or bearish states. Use these states to gauge the short-term trend shifts. 4. Toggle the Table You can show or hide the chart table by enabling/disabling “Show Table” from the inputs. This table indicates if the pivot-based “GIFVG” has been “raided” or not. 5. Extend Count Adjust the extendCount in the code if you want FVG boxes to extend further or shorter in time. Underlying Concepts Fair Value Gaps Market inefficiencies that occur when price jumps, leaving a “gap” from the candle 2 bars ago to the current candle. They can act like mini supply/demand zones where price may revisit for balance. Pivot Ranges The script tries to maintain an internal sense of whether the market is in a bullish or bearish pivot range. When it sees a contrary FVG or break-of-structure, it flips the pivot state. Outside Bars A candle that has both a higher high and a lower low than the previous bar. The script uses these to mark significant pivot shifts. By combining pivot-based logic with FVG detection, the D3m4h GIFVG indicator helps highlight potential areas of liquidity or unfilled value. Traders can use these zones to plan entries/exits or to confirm short-term trend shifts.
Pine Script® 인디케이터
d3m4h의
Fair Value Gap ChartThe Fair Value Gap chart is a new charting method that displays fair value gap imbalances as Japanese candlesticks, allowing traders to quickly see the evolution of historical market imbalances. The script is additionally able to compute an exponential moving average using the imbalances as input. 🔶 USAGE The Fair Value Gap chart allows us to quickly display historical fair value gap imbalances. This also allows for filtering out potential noisy variations, showing more compact trends. Most like other charting methods, we can draw trendlines/patterns from the displayed results, this can be helpful to potentially predict future imbalances locations. Users can display an exponential moving average computed from the detected fvg's imbalances. Imbalances above the ema can be indicative of an uptrend, while imbalances under the ema are indicative of a downtrend. Note that due to pinescript limitations a maximum of 500 lines can be displayed, as such displaying the EMA prevent candle wicks from being displayed. 🔶 DETAILS 🔹 Candle Structure The Fair Value Gap Chart is constructed by keeping a record of all detected fair value gaps on the chart. Each fvg is displayed as a candlestick, with the imbalance range representing the body of the candle, and the range of the imbalance interval being used for the wicks. 🔹 EMA Source Input The exponential moving average uses the imbalance range to get its input source, the extremity of the range used depends on whether the fvg is bullish or bearish. When the fvg is bullish, the maximum of the imbalance range is used as ema input, else the minimum of the fvg imbalance is used.
Pine Script® 인디케이터
alexgrover의
8
Macros ICT KillZones [TradingFinder] Times & Price Trading Setup🔵 Introduction ICT Macros, developed by Michael Huddleston, also known as ICT (Inner Circle Trader), is a powerful trading tool designed to help traders identify the best trading opportunities during key time intervals like the London and New York trading sessions. For traders aiming to capitalize on market volatility, liquidity shifts, and Fair Value Gaps (FVG), understanding and using these critical time zones can significantly improve trading outcomes. In today’s highly competitive financial markets, identifying the moments when the market is seeking buy-side or sell-side liquidity, or filling price imbalances, is essential for maximizing profitability. The ICT Macros indicator is built on the renowned ICT time and price theory, which enables traders to track and leverage key market dynamics such as breaks of highs and lows, imbalances, and liquidity hunts. This indicator automatically detects crucial market times and optimizes strategies for traders by highlighting the specific moments when price movements are most likely to occur. A standout feature of ICT Macros is its automatic adjustment for Daylight Saving Time (DST), ensuring that traders remain synced with the correct session times. This means you can rely on accurate market timing without the need for manual updates, allowing you to focus on capturing profitable trades during critical timeframes. 🔵 How to Use The ICT Macros indicator helps you capitalize on trading opportunities during key market moments, particularly when the market is breaking highs or lows, filling Fair Value Gaps (FVG), or addressing imbalances. This indicator is particularly beneficial for traders who seek to identify liquidity, market volatility, and price imbalances. 🟣 Sessions London Sessions London Macro 1 : UTC Time : 06:33 to 07:00 New York Time : 02:33 to 03:00 London Macro 2 : UTC Time : 08:03 to 08:30 New York Time : 04:03 to 04:30 New York Sessions New York Macro AM 1 : UTC Time : 12:50 to 13:10 New York Time : 08:50 to 09:10 New York Macro AM 2 : UTC Time : 13:50 to 14:10 New York Time : 09:50 to 10:10 New York Macro AM 3 : UTC Time : 14:50 to 15:10 New York Time : 10:50 to 11:10 New York Lunch Macro : UTC Time : 15:50 to 16:10 New York Time : 11:50 to 12:10 New York PM Macro : UTC Time : 17:10 to 17:40 New York Time : 13:10 to 13:40 New York Last Hour Macro : UTC Time : 19:15 to 19:45 New York Time : 15:15 to 15:45 These time intervals adjust automatically based on Daylight Saving Time (DST), helping traders to enter or exit trades during key market moments when price volatility is high. Below are the main applications of this tool and how to incorporate it into your trading strategies : 🟣 Combining ICT Macros with Trading Strategies The ICT Macros indicator can easily be used in conjunction with various trading strategies. Two well-known strategies that can be combined with this indicator include: ICT 2022 Trading Model : This model is designed based on identifying market liquidity, structural price changes, and Fair Value Gaps (FVG). By using ICT Macros, you can identify the key time intervals when the market is seeking liquidity, filling imbalances, or breaking through important highs and lows, allowing you to enter or exit trades at the right moment. Silver Bullet Strategy : This strategy, which is built around liquidity hunting and rapid price movements, can work more accurately with the help of ICT Macros. The indicator pinpoints precise liquidity times, helping traders take advantage of market shifts caused by filling Fair Value Gaps or correcting imbalances. 🟣 Capitalizing on Price Volatility During Key Times Large market algorithms often seek liquidity or fill Fair Value Gaps (FVG) during the intervals marked by ICT Macros. These periods are when price volatility increases, and traders can use these moments to enter or exit trades. For example, if sell-side liquidity is drained and the market fills an imbalance, the price might move toward buy-side liquidity. By identifying these moments, which may also involve breaking a previous high or low, you can leverage rapid market fluctuations to your advantage. 🟣 Identifying Liquidity and Price Imbalances One of the important uses of ICT Macros is identifying points where the market is seeking liquidity and correcting imbalances. You can determine high or low liquidity levels in the market before each ICT Macro, as well as Fair Value Gaps (FVG) and price imbalances that need to be filled, using them to adjust your trading strategy. This capability allows you to manage trades based on liquidity shifts or imbalance corrections without needing a bias toward a specific direction. 🔵 Settings The ICT Macros indicator offers various customization options, allowing users to tailor it to their specific needs. Below are the main settings: Time Zone Mode : You can select one of the following options to define how time is displayed: UTC : For traders who need to work with Universal Time. Session Local Time : The local time corresponding to the London or New York markets. Your Time Zone : You can specify your own time zone (e.g., "UTC-4:00"). Your Time Zone : If you choose "Your Time Zone," you can set your specific time zone. By default, this is set to UTC-4:00. Show Range Time : This option allows you to display the time range of each session on the chart. If enabled, the exact start and end times of each interval are shown. Show or Hide Time Ranges : Toggle on/off for visual clarity depending on user preference. Custom Colors : Set distinct colors for each session, allowing users to personalize their chart based on their trading style.These settings allow you to adjust the key time intervals of each trading session to your preference and customize the time format according to your own needs. 🔵 Conclusion The ICT Macros indicator is a powerful tool for traders, helping them to identify key time intervals where the market seeks liquidity or fills Fair Value Gaps (FVG), corrects imbalances, and breaks highs or lows. This tool is especially valuable for traders using liquidity-based strategies such as ICT 2022 or Silver Bullet. One of the key features of this indicator is its support for Daylight Saving Time (DST), ensuring you are always in sync with the correct trading session timings without manual adjustments. This is particularly beneficial for traders operating across different time zones. With ICT Macros, you can capitalize on crucial market opportunities during sensitive times, take advantage of imbalances, and enhance your trading strategies based on market volatility, liquidity shifts, and Fair Value Gaps.
Pine Script® 인디케이터
TFlab의
7
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.
Pine Script® 인디케이터
BigBeluga의
12
Fractals + FVG [Combined]Звісно, ось варіант опису англійською, який можна використати для публікації індикатора в TradingView. Description This script combines two powerful and widely-used trading concepts into a single, comprehensive indicator: Bill Williams Fractals with dynamic support/resistance lines and Fair Value Gaps (FVG) based on the popular logic from LuxAlgo. The goal is to provide a cleaner chart by merging two essential tools, allowing traders to analyze market structure and imbalances simultaneously. Features 1. Williams Fractals with Invalidation Lines This part of the indicator identifies classic Bill Williams fractals and enhances them with a unique visualization feature. Fractal Detection: Automatically identifies both bullish (bottom) and bearish (top) fractals. You can choose between a 3-bar or 5-bar pattern in the settings. Dynamic S/R Lines: A horizontal line is automatically drawn from every confirmed fractal, acting as a potential support or resistance level. Automatic Invalidation: A line is considered "invalidated" or breached when the body of a candle closes past it. When this happens, the line stops extending, changes its color to the "invalidated" color, and remains on the chart as a historical reference. This provides a clear, objective signal that a level has been broken. Customization: You can fully customize the colors for the support, resistance, and invalidated lines to match your chart theme. 2. Fair Value Gaps (FVG) / Imbalance This module incorporates the robust FVG detection logic from LuxAlgo to automatically identify and display market imbalances. FVG Detection: Highlights bullish and bearish Fair Value Gaps on the chart with colored boxes, representing inefficiencies in price delivery. Automatic Mitigation: The FVG boxes are automatically removed from the chart once the price has "mitigated" or filled the gap, keeping your workspace clean and focused on active imbalances. Multi-Timeframe (MTF): You can set the indicator to find and display FVGs from a higher timeframe directly on your current chart. Dashboard: An optional on-screen dashboard provides a quick summary of the total count of bullish/bearish FVGs and the percentage that have been mitigated. Full Customization: Control the colors of FVG boxes, extend their length, and configure other visual style settings. How to Use Fractal Lines: Use the active support and resistance lines as key levels for potential bounces or breaks. A line's invalidation can serve as confirmation of a shift in market structure. FVG Zones: Fair Value Gaps often act as "magnets" for price. Use these zones as potential targets for your trades or as areas of interest for entries when price retraces to fill the imbalance. Combined Strategy: The true power of this indicator comes from combining both concepts. For example, a bullish FVG forming near a key fractal support level can create a high-probability confluence zone for a long entry. Similarly, a break and invalidation of a fractal resistance line might signal that price is heading towards the next bearish FVG above. This indicator is a tool for analysis and should be used in conjunction with your own trading strategy and risk management rules.
Pine Script® 인디케이터
enlil_analytics의
HTF Candles & ReversalsThis is a comprehensive multi-timeframe analysis tool designed to give you a broader perspective on market structure directly from your main chart. It overlays candles from up to six user-defined higher timeframes (HTF) and includes a built-in indicator to spot potential price reversals. This allows you to analyze the bigger picture and make more informed decisions without constantly switching between different chart layouts. Key Features Multi-Timeframe Candle Display: Renders candles from up to six different higher timeframes (the defaults are 5m, 15m, 1H, 4H, 1D, and 1W). You can see how the current price action fits within the larger trend. Reversal Pattern Detection: The script identifies and highlights potential bullish and bearish reversal patterns. This works on both your main chart's candles and the displayed HTF candles, helping you spot potential shifts in momentum on multiple scales. Imbalance (FVG) Highlighting: Automatically detects and draws Fair Value Gaps (FVGs) on the HTF candles, pointing out areas of inefficient price action that may act as magnets for future price movement. Full Customization: You have complete control over the visual elements. Adjust the colors for candle bodies, borders, and wicks. Change the positioning of the HTF display, and toggle labels, timers, and imbalance boxes to create a clean workspace that fits your trading style. How to Use This Indicator Gain Market Context: Use the HTF candles to quickly gauge the dominant trend. For example, if the 4H and 1D candles are bullish, you might look for buying opportunities on your lower timeframe chart. The highs and lows of these HTF candles often serve as strong support and resistance levels. Identify Reversals: Triangles on the Main Chart: A green triangle below a candle suggests a potential bullish reversal, while a red triangle above suggests a potential bearish reversal. This pattern appears when a candle makes a new low/high but closes stronger/weaker than the previous one. Colored HTF Candles: When an HTF candle is colored (lime for bullish, orange for bearish), it indicates that a reversal pattern has formed on that specific higher timeframe, which could signal a more significant change in market direction. Utilize Imbalances: The highlighted FVG boxes can be treated as areas of interest. Price often revisits these zones, making them potential targets for trades or areas to watch for a reaction. Settings Breakdown Candle Color: Independently set the colors for bullish and bearish candle bodies, borders, and wicks. Layout: Use the HTF Distance setting to control how far the displayed candles appear from the current price action. Labels: Choose whether to display the timeframe name and a countdown timer for each HTF candle. You can position these labels at the top, bottom, or both. Imbalances: Toggle the visibility of the FVG boxes and customize their color. Reversal Indicator: Enable or disable the reversal triangles on your main chart and the special coloring for reversal candles on both the main chart and the HTF displays. Disclaimer: This tool is intended for technical analysis and educational purposes. It does not provide financial advice or generate guaranteed trading signals. Always use risk management and conduct your own analysis before entering any trade.
Pine Script® 인디케이터
DOSALGO의
5
PRINT_TYPELibrary "PRINT_TYPE" Inputs   Inputs objects   Fields:      inbalance_percent (series int) : percentage coefficient to determine the Imbalance of price levels      stacked_input (series int) : minimum number of consecutive Imbalance levels required to draw extended lines      show_summary_footprint (series bool)      procent_volume_area (series int) : definition size Value area      new_imbalance_cond (series bool) : bool input for setup alert on new imbalance buy and sell      new_imbalance_line_cond (series bool) : bool input for setup alert on new imbalance line buy and sell      stop_past_imbalance_line_cond (series bool) : bool input for setup alert on stop past imbalance line buy and sell Constants   Constants all Constants objects   Fields:      imbalance_high_char (series string) : char for printing buy imbalance      imbalance_low_char (series string) : char for printing sell imbalance      color_title_sell (series color) : color for footprint sell      color_title_buy (series color) : color for footprint buy      color_line_sell (series color) : color for sell line      color_line_buy (series color) : color for buy line      color_title_none (series color) : color None Calculation_data   Calculation_data data for calculating   Fields:      detail_open (array) : array open from calculation timeframe      detail_high (array) : array high from calculation timeframe      detail_low (array) : array low from calculation timeframe      detail_close (array) : array close from calculation timeframe      detail_vol (array) : array volume from calculation timeframe      previos_detail_close (array) : array close from calculation timeframe      isBuyVolume (series bool) : attribute previosly bar buy or sell Footprint_row   Footprint_row objects one footprint row   Fields:      price (series float) : row price      buy_vol (series float) : buy volume      sell_vol (series float) : sell volume      imbalance_buy (series bool) : attribute buy inbalance      imbalance_sell (series bool) : attribute sell imbalance      buy_vol_box (series box) : for ptinting buy volume      sell_vol_box (series box) : for printing sell volume      buy_vp_box (series box) : for ptinting volume profile buy      sell_vp_box (series box) : for ptinting volume profile sell      row_line (series label) : for ptinting row price      empty (series bool) : = true attribute row with zero volume buy and zero volume sell Imbalance_line_var_object   Imbalance_line_var_object var objects printing and calculation imbalance line   Fields:      cum_buy_line (array) : line array for saving all history buy imbalance line      cum_sell_line (array) : line array for saving all history sell imbalance line Imbalance_line   Imbalance_line objects printing and calculation imbalance line   Fields:      buy_price_line (array) : float array for saving buy imbalance price level      sell_price_line (array) : float array for saving sell imbalance price level      var_imba_line (Imbalance_line_var_object) : var objects this type Footprint_bar   Footprint_bar all objects one bar with footprint   Fields:      foot_rows (array) : objects one row footprint      imba_line (Imbalance_line) : objects imbalance line      row_size (series float) : size rows      total_vol (series float) : total volume one footprint bar      foot_buy_vol (series float) : buy volume one footprint bar      foot_sell_vol (series float) : sell volume one footprint bar      foot_max_price_vol (map) : map with one value - price row with max volume buy + sell      calc_data (Calculation_data) : objects with detail data from calculation resolution Support_objects   Support_objects support object for footprint calculation   Fields:      consts (Constants) : all consts objects      inp (Inputs) : all input objects      bar_index_show_condition (series bool) : calculation bool value for show all objects footprint      row_line_color (series color) : calculation value - color for row price      dop_info (series string)      show_table_cond (series bool)
Pine Script® 라이브러리
Alesetup의
footprint_typeLibrary "footprint_type" Contains all types for calculating and rendering footprints Inputs   Inputs objects   Fields:      inbalance_percent (series int) : percentage coefficient to determine the Imbalance of price levels      stacked_input (series int) : minimum number of consecutive Imbalance levels required to draw extended lines      show_summary_footprint (series bool) : bool input for show summary footprint      procent_volume_area (series int) : definition size Value area      show_vah (series bool) : bool input for show VAH      show_poc (series bool) : bool input for show POC      show_val (series bool) : bool input for show VAL      color_vah (series color) : color VAH line      color_poc (series color) : color POC line      color_val (series color) : color VAL line      show_volume_profile (series bool)      new_imbalance_cond (series bool) : bool input for setup alert on new imbalance buy and sell      new_imbalance_line_cond (series bool) : bool input for setup alert on new imbalance line buy and sell      stop_past_imbalance_line_cond (series bool) : bool input for setup alert on stop past imbalance line buy and sell Constants   Constants all Constants objects   Fields:      imbalance_high_char (series string) : char for printing buy imbalance      imbalance_low_char (series string) : char for printing sell imbalance      color_title_sell (series color) : color for footprint sell      color_title_buy (series color) : color for footprint buy      color_line_sell (series color) : color for sell line      color_line_buy (series color) : color for buy line      color_title_none (series color) : color None Calculation_data   Calculation_data data for calculating   Fields:      detail_open (array) : array open from calculation timeframe      detail_high (array) : array high from calculation timeframe      detail_low (array) : array low from calculation timeframe      detail_close (array) : array close from calculation timeframe      detail_vol (array) : array volume from calculation timeframe      previos_detail_close (array) : array close from calculation timeframe      isBuyVolume (series bool) : attribute previosly bar buy or sell Footprint_row   Footprint_row objects one footprint row   Fields:      price (series float) : row price      buy_vol (series float) : buy volume      sell_vol (series float) : sell volume      imbalance_buy (series bool) : attribute buy inbalance      imbalance_sell (series bool) : attribute sell imbalance      buy_vol_box (series box) : for ptinting buy volume      sell_vol_box (series box) : for printing sell volume      buy_vp_box (series box) : for ptinting volume profile buy      sell_vp_box (series box) : for ptinting volume profile sell      row_line (series label) : for ptinting row price      empty (series bool) : = true attribute row with zero volume buy and zero volume sell Value_area   Value_area objects for calculating and printing Value area   Fields:      vah_price (series float) : VAH price      poc_price (series float) : POC price      val_price (series float) : VAL price      vah_label (series label) : label for VAH      poc_label (series label) : label for POC      val_label (series label) : label for VAL      vah_line (series line) : line for VAH      poc_level (series line) : line for POC      val_line (series line) : line for VAL Imbalance_line_var_object   Imbalance_line_var_object var objects printing and calculation imbalance line   Fields:      cum_buy_line (array) : line array for saving all history buy imbalance line      cum_sell_line (array) : line array for saving all history sell imbalance line Imbalance_line   Imbalance_line objects printing and calculation imbalance line   Fields:      buy_price_line (array) : float array for saving buy imbalance price level      sell_price_line (array) : float array for saving sell imbalance price level      var_imba_line (Imbalance_line_var_object) : var objects this type Footprint_info_var_object   Footprint_info_var_object var objects for info printing   Fields:      cum_delta (series float) : var delta volume      cum_total (series float) : var total volume      cum_buy_vol (series float) : var buy volume      cum_sell_vol (series float) : var sell volume      cum_info (series table) : table for ptinting Footprint_info   Footprint_info objects for info printing   Fields:      var_info (Footprint_info_var_object) : var objects this type      total (series label) : total volume      delta (series label) : delta volume      summary_label (series label) : label for ptinting Footprint_bar   Footprint_bar all objects one bar with footprint   Fields:      foot_rows (array) : objects one row footprint      val_area (Value_area) : objects Value area      imba_line (Imbalance_line) : objects imbalance line      info (Footprint_info) : objects info - table,label and their variable      row_size (series float) : size rows      total_vol (series float) : total volume one footprint bar      foot_buy_vol (series float) : buy volume one footprint bar      foot_sell_vol (series float) : sell volume one footprint bar      foot_max_price_vol (map) : map with one value - price row with max volume buy + sell      calc_data (Calculation_data) : objects with detail data from calculation resolution Support_objects   Support_objects support object for footprint calculation   Fields:      consts (Constants) : all consts objects      inp (Inputs) : all input objects      bar_index_show_condition (series bool) : calculation bool value for show all objects footprint      row_line_color (series color) : calculation value - color for row price
Pine Script® 라이브러리
dboichenko의
2
Multi-TF CandlesMulti-Timeframe Support Displays up to 6 different timeframes simultaneously Configurable HTFs (default: 5m, 15m, 60m, 240m, 1D, 1W) Customizable display limits (1-6 sets) Visual Elements Candlesticks: Full OHLC representation with customizable colors Body & Wicks: Separate coloring for bullish/bearish candles Fair Value Gaps (FVG): Automatically detects and highlights imbalance areas Volume Imbalances: Identifies and marks volume-based imbalances Day of Week Labels: Shows trading days for daily candles Customization Options Styling Bullish/Bearish body colors with transparency Border and wick colors Candle width and spacing Padding from current price Labels & Information HTF timeframe labels Remaining time until candle close Price tracing lines (Open, High, Low, Close) Custom alignment options (Align/Follow Candles) Advanced Features Custom Daily Open Times: Midnight, 8:30, or 9:30 AM NY time Trace Lines: Visual lines connecting HTF levels to current price Imbalance Detection: Automatic FVG and volume imbalance detection Real-time Updates: Live countdown to candle completion Technical Details Version: Pine Script v6 Overlay: Yes (displays directly on price chart) Max Elements: 500 boxes, lines, labels each Max Bars Back: 5000 Usage Benefits Market Context: See multiple timeframes at once for better decision-making Key Level Identification: Spot important support/resistance from HTFs Pattern Recognition: Identify trends and reversals across timeframes Efficiency: No need to switch between different chart timeframes Customizable: Extensive settings to match your trading style Ideal For Swing traders analyzing multiple timeframes Day traders wanting broader market context Technical analysts identifying key levels Anyone practicing multi-timeframe analysis
Pine Script® 인디케이터
titakunna_tk의
[TehThomas] - Fair Value GapsThis script is designed to automatically detect and visualize Fair Value Gaps (FVGs) on your chart in a clean, intuitive, and highly responsive way. It’s built with active traders in mind, offering both dynamic updates and customization options that help you stay focused on price action without being distracted by outdated or irrelevant information. What Are Fair Value Gaps? Fair Value Gaps are areas on a chart where there’s an inefficiency in price, typically formed when price moves aggressively in one direction, leaving a gap between the wicks of consecutive candles. These gaps represent imbalanced price action where not all buy or sell orders were efficiently matched. As a result, they often become magnet zones where price returns later to "fill" the imbalance before continuing in its intended direction. Many traders use them as points of interest for entries, re-entries, or anticipating reversals and consolidations. This concept is frequently used in Smart Money and ICT-based trading models, where understanding how price seeks efficiency is crucial to anticipating future moves. When combined with concepts like liquidity, displacement, and market structure, FVGs become powerful tools for technical decision-making. Script Features & Functionality 1. Live Updating Gaps (Dynamic Shrinking) One of the core features of this script is its ability to track and dynamically shrink Fair Value Gaps as price trades into them. Instead of leaving a static zone on your chart, the gap will adjust in real-time, reflecting the portion that has been filled. This gives you a much more accurate picture of remaining imbalance and avoids misleading zones. 2. Automatic Cleanup After Fill Once price fully fills an FVG, the script automatically removes it from the chart. This helps keep your workspace clean and focused only on relevant price zones. There’s no need to manually manage your gaps, everything is handled behind the scenes to reduce clutter and distraction. 3. Static Mode Option While dynamic updating is the default, some traders may prefer to keep the original size of the gap visible even after partial fills. For that reason, the script includes a toggle to switch from live-updating (shrinking) mode to static mode. In static mode, FVGs stay fixed from the moment they are drawn, giving you a more traditional visual reference point. 4. Multi-Timeframe Support (MTF) You can now view higher timeframe FVGs, such as those from the 1H or 4H chart, while analyzing lower timeframes like the 5-minute. This allows you to see key imbalances from broader market context without having to flip between charts. FVGs from higher timeframes will be drawn distinctly so you can differentiate them at a glance. 5. Cleaner Visualization The script is designed with clarity in mind. All drawings are streamlined, and filled gaps are removed to maintain a minimal, distraction-free chart. This makes it easier to combine this tool with other indicators or price-action-based strategies without overloading your workspace. 6. Suitable for All Market Types This script can be used on any asset that displays candlestick-based price action — including crypto, forex, indices, and stocks. Whether you're scalping low-timeframe setups or swing trading with a higher timeframe bias, FVGs remain a useful concept and this script adapts to your trading style. Use Case Examples On a 5-minute chart, display 1-hour FVGs to catch major imbalance zones during intraday trading. Combine the FVGs with liquidity levels and inducement patterns to build ICT-style trade setups. Use live-updating gaps to monitor in-progress fills and evaluate whether a zone still holds validity. Set the script to static mode to perform backtesting or visual replay with historical setups. Final Notes Fair Value Gaps are not a standalone trading signal, but when used with market structure, liquidity, displacement, and order flow concepts, they provide high-probability trade locations that align with institutional-style trading models. This script simplifies the visualization of those zones so you can react faster, stay focused on clean setups, and eliminate unnecessary distractions. Whether you’re trading high volatility breakouts or patiently waiting for retracements into unfilled imbalances, this tool is designed to support your edge with precision and flexibility.
Pine Script® 인디케이터
TehThomas의
23
IU Smart Flow SystemDESCRIPTION The IU Smart Flow System is a powerful and dynamic order flow-based strategy designed to capture high-probability trades by analyzing bullish and bearish imbalances, trend direction, and RSI strength. It identifies trading opportunities by aligning order flow conditions with the prevailing trend and momentum, making it suitable for trend-following and momentum-based trading. This system utilizes a unique combination of: - Order flow score to gauge market imbalance - Trend filter using SMA and ATR to confirm market direction - RSI to ensure entry only during strong momentum USER INPUTS: - Imbalance Length: Defines the lookback period for calculating bullish and bearish imbalances. (Default: 10) - Trend Length: Determines the length of the SMA to evaluate the trend direction. (Default: 50) - RSI Length: Specifies the RSI period to assess momentum strength. (Default: 14) LONG CONDITIONS: Long entries are triggered when: - Order flow score is positive, indicating bullish imbalance - Price is above the bullish trend level (SMA + ATR), confirming an uptrend - RSI is above 50, indicating bullish momentum - No active short position is currently open SHORT CONDITIONS: Short entries are triggered when: - Order flow score is negative, indicating bearish imbalance - Price is below the bearish trend level (SMA - ATR), confirming a downtrend - RSI is below 50, indicating bearish momentum - No active long position is currently open WHY IT IS UNIQUE: - Imbalance-Based Approach: Unlike traditional strategies that rely solely on price action, this system evaluates bullish and bearish imbalances to anticipate order flow direction. - Adaptive Trend Filter: The combination of SMA and ATR dynamically adjusts to market volatility, providing a reliable trend confirmation mechanism. - Momentum Validation with RSI: Ensures that entries are taken only in the direction of strong momentum, reducing false signals. HOW USERS CAN BENEFIT FROM IT: - Enhanced Trade Accuracy: Aligning order flow, trend, and momentum reduces false signals and improves trade success rates. - Versatile Application: Suitable for various markets and timeframes, making it adaptable to different trading styles. - Clear Trade Signals: Provides clear entry labels and alerts, ensuring traders never miss a potential opportunity. - Visual Clarity: The filled region between bullish and bearish trends highlights trend direction, enhancing decision-making.
Pine Script® 인디케이터
Shivam_Mandrai의
11