2 MA + Strat Candle ColorsThe "2 MA + Strat Candle Colors" indicator combines two customizable moving averages (MAs) with a strategic candle-coloring system to help traders analyze trends and price action. Here’s a breakdown of its features:
1. Two Moving Averages (MAs):
MA 1 & MA 2 Settings:
Users can select between 7 MA types for each line: SMA, EMA, WMA, HMA, VWMA, LSMA, SMMA.
Adjustable periods and price sources (e.g., close, open) for both MAs.
Default settings: MA 1 = 9-period EMA, MA 2 = 20-period EMA.
Plotting:
MA 1 is blue, MA 2 is red (colors customizable via inputs).
Crossovers between the MAs can signal trend changes.
2. Strategic Candle Coloring:
Candles are colored based on their relationship to the previous candle:
Green (Bullish): "Two-Up Bar" – current high > prior high, and low does not break prior low.
Red (Bearish): "Two-Down Bar" – current low < prior low, and high does not break prior high.
Purple (Outside Bar): "Three Bar" – current candle engulfs the prior candle (higher high and lower low).
Yellow (Inside Bar): "One Bar" – current candle is contained within the prior candle’s range.
Candle coloring is based on:
스크립트에서 "inside bar"에 대해 찾기
Inside Candle ViewerInside Candle Viewer
What it’s meant for:
- This indicator is used to identify inside candles that might generate an upcoming trading range
- Works best on large timeframe (Suggested from 2 days up to 1 week) and crypto asset (Index don't show much because of daily gaps)
How it works:
- It check for daily close (or the chosen timeframe), highlight inside candles and also plot trading range limits generated by inside pattern
- Trading range limits extend until candle closes are within those limits
- Usually the longer the trading range last, the stronger the following trend is when it break in any direction
Settings:
- Change color of inside bars and enable/disable from chart
- Change color of trading range and enable/disable from chart
Alerts:
- No alerts are defined at the moment
Big Poppa Code Strat & Momentum Strategy IndicatorThis indicator is a combination of a few things in order to work with a unique trading style gleaned from Callme100k, jrgreatness, TrustMyLevels , FaithInTheStrat, Rob Smith and Saty Mahajan.
This Indicator is created to help you day trade using, ATR Fibonacci Levels, Price Action and Momentum.
It displays Fibonacci Levels Based on ATR to indicate when a security is 0.236, 0.382 +- the Days Open, +- the Days Open, 0.618 +- the Days Open and 1.0 +- Days Open.
To understand this script you need to understand
Average True Range (ATR)
1 Bar Inside Bar
2 Bar Outside Bar (Break either the top or bottom)
3 Bar Engulfing Bar
Strat Setups - 212, 322, 312
Fibonacci - 0.236, 0.382, 0.618, 1.0
Moving Averages
A Trend is considered bullish when (green)
Current Price is greater than the Fast EMA Value (8)
Fast EMA is greater than PIVOT EMA Value (21)
Pivot EMA is greater than SLOW EMA Value (34)
OR Hull is trending up and the Price is above the Volume Weighted Moving Average and price is above VWAP
A trend is considered Bearish when (red)
Current Price is less than the Fast EMA Value (8)
Fast EMA is less than PIVOT EMA Value (21)
Pivot EMA is less than SLOW EMA Value (34)
OR Hull is trending down and the Price is below the Volume Weighted Moving Average and price is below VWAP
If these conditions are not met then the Momentum is in Conflict (orange)
The Momentum band will match the color of the current trend
The table that is present can be turned off at any time lets you see
1) If Moving Averages are showing bullish, bearish or in conflict
2) If There us Time Frame Continuity, (if 5 min up, are all the other timeframes up also)
3) How much of the ATR have we moved on the day
4) Are we in Call or Put range for the day based on ATR Fib Levels
The Ideal situation for entering a call
1) Momentum is Green
2) FTFC on Green
3) A Strat Actionable Signal is present
4) You are in the call range, 0.236 - 0.618 ATR + the Price
5) The ATR still has room, I.e only 50% of the ATR has been run already
Ideal situation from entering a put
1) Momentum is red
2) FTFC on Red
3) A Strat Actionable Signal is present
4) You are in the put range, 0.236 - 0.618 ATR - the Price
5) The ATR still has room, I.e only 50% of the ATR has been run already
Exit the trade for these reasons you entered (for profit or loss)
1) ATR has no more room
2) FTFC is now in conflict
3) Momentum has shifted
Take Profit when
1) You reach a new ATR Level 0.618, 1.0 , -0.618, -1, etc
Passive Stop Loss
1) Open Price if you are aggressive
2) Next ATR Level Down or Up
Feel free to take profit and leave runners
This script does not give signals, you should do your own research, I am not a financial advisors, I am simply applying principles of seasoned veterans to code. You make all decisions about how you buy, sell and trade. The creator of this script makes no promises and takes no responsibility for your personal trading.
To research the methods described above look up
Rob Smith : The Strat
Saty Mahajan : ATR Levels
Fibonacci
Using the HULL Moving Average
Exponential Moving Averages
VWAP
VWMA
Price_ActionCandlestick analysis
Here is a summary of candlestick analysis that seems useful.
pin bar
inside bar
outside bar
thrust bar
reversal bar
runway bar
morning star
evening star
hammer
inverted hammer
thank you for reading.
CryptoVN - Price Action Bard and Fractal*Mod version from "CM_Price-Action-Bars" by ChrisMoody and "Fractal Support Resistance (Fixed Volume) 2" by synapticEx
(*)Price Action Bars:
- Yellow = Inside Bar – Breakout Patterns
- Orange = Outside Bar – Breakout Patterns
- Green/Red = Pin Bars
- Aqua/Fuchsia = Shaved Bars
(*) Fractal Support/Resistance on current chart.
(*)My Advice to You:
- The Trend Is Your Friend. TRADE WHAT YOU SEE, NOT WHAT YOU THINK.
Good luck. ^^!
[STUDY] CypherCore Trading Suite
Rerband. Now a STUDY script.
- RSI overlay indicators (diamond shapes)
- Most commonly used MA types( i.e. SMA , EMA , WMA , VWMA , ZEMA )
- Bands
- Price Action Indicator (color coordinated)
color code:
yellow --- inside bars (breakout)
blue --- outside bars (breakout)
green --- up pin bars (reversal)
red --- down pin bars (reversal)
fuchsia --- down shaved bars (selling pressure, selling likely to continue)
aqua --- up shaved bars (buying pressure, buying likely to continue)
- Reversal candlestick patterns (only a few for now)
- Two strategies for determining buy/sell signals
1. buy/sell signals determined by EMAs crossover (better for position or swing trades)
2. buy/sell signals determined by MAs crossover (better for scalping)
03/02/2017
- Switched to STUDY
- Fractals added
- Alerts now fully working
- New "Input" menu
Buy/Sell signals are NOT financial advice.
Candlestick Trend Indicator v0.5 by JustUncleLRequested Update to this Indicator alert project. In this update I have added the option to be able select which Price Action candles you want included in the display and the generated alarm Alert. Other changes also included in this update:
Also added a Price Action candle for "Last Fractal S/R Break", this also a good continuation indication.
Added option to select a different moving average types for directional MA line.
Modified some default settings, using HullMA instead of Zero Lag EMA and standard MACD settings(12,26,9).
Description:
This is a trend following indicator and alert for Binary Options based on Candlestick patterns and trend line -
NOTE: original system was a forex trading system.
This code combines a number of indicators to create an overall trading strategy.
The indicator recognises and displays some useful candle named defined patterns that are used to support trend continuation:
Bearish + Bullish PinBars
Dark Cloud Cover
Piecing Line
Bullish + Bearish Harami
Bullish + Bearish Engulfing Candle
Bullish + Bearish Last Fractal S/R break
Also recognises main Price Action candles from ChrisMoody (CM), the four(4) price action patterns are colored coded bars:
Yellow = Inside Bar - breakout/continuance
Orange = Outside Bar - breakout/continuance
Aqua/Fuschia = Up/Down Shaved Bars - Buying/Selling pressure
Red/Green = Possible reversal PinBars - Reverse Down / reverse Up
The highlighted candles (maroon and darker green) represent the defined PA patterns that have been confirmed following the current trend direction that is indicated by the Hull MA(20) line (can select a different type of MA, or even disable) and confirmed by MACD direction (can be disabled). The confirmed Alerts are indication by green (buy) and red (sell) dots at the bottom of the chart. An alert is generated from this selection for the alert condition of the alarming system.
The fractal upper/lower break lines are also draw, if the (optional) last fractal break line is broken by a highlighted bar then this indicates a stronger trend conformation.
The MACD indicator MACD DEUTER 2 colour(12,26,9) you can visually see the MACD histogram colours with MACD direction - needs "MACD DEUTER 2 colour" indicator.
This multi-indicator set up is suitable for 1hr, 4hr and daily charts with 1-4 candle expiry.
References and Inspiration from:
Fractal Levels by RicardoSantos
Almost Zero Lag EMA
Candlestick Patterns With EMA by rmwaddelljr
CM_Price-Action-Bars by ChrisMoody
www.forexstrategiesresources.com
"Scalp Jockey - MTF MA Cross Visual Strategizer by JayRogers"
Unmitigated MTF High Low Pro - Cave Diving Bookmap Heatmap Plot
Unmitigated MTF High Low Pro - Cave Diving Bookmap Heatmap Plot
---
## 📖 Table of Contents
1. (#what-this-indicator-does)
2. (#core-concepts)
3. (#visual-components)
4. (#the-cave-diving-framework)
5. (#how-to-use-it-for-trading)
6. (#settings--customization)
7. (#best-practices)
8. (#common-scenarios)
---
## What This Indicator Does
The **Unmitigated MTF High Low v2.0** tracks unmitigated (untouch) high and low levels across multiple timeframes, helping you identify key support and resistance zones that the market hasn't revisited yet. Think of it as a sophisticated memory system for price action - it remembers where price has been, and more importantly, where it *hasn't been back to*.
### Why "Unmitigated" Matters
In futures trading, especially on instruments like NQ and ES, the market has a tendency to revisit levels where liquidity was left behind. An "unmitigated" level is one that hasn't been touched since it was formed. These levels often act as magnets for price, and understanding their age and proximity gives you a significant edge in:
- **Entry timing** - Waiting for price to approach tested levels
- **Exit planning** - Taking profits before ancient resistance/support
- **Risk management** - Avoiding entries when approaching multiple old levels
- **Liquidity mapping** - Visualizing where orders likely cluster
---
## Core Concepts
### 1. **Sessions & Age**
The indicator uses **New York trading sessions** (6:00 PM to 5:59 PM NY time) as the primary time measurement. This aligns with how futures markets naturally segment their activity.
**Age Categories:**
- 🟢 **New (0-1 sessions)** - Fresh levels, recently formed
- 🟡 **Medium (2-3 sessions)** - Tested by time, gaining significance
- 🔴 **Old (4-6 sessions)** - Highly significant, survived multiple days
- 🟣 **Ancient (7+ sessions)** - Extreme significance, major support/resistance
The longer a level remains unmitigated, the more significant it becomes. Think of it like compound interest - time adds weight to these zones.
### 2. **Multi-Timeframe Tracking**
You can set the indicator to track high/low levels from any timeframe (default is 15 minutes). This means you're watching for unmitigated 15-minute highs and lows while trading on, say, a 1-minute or 5-minute chart.
**Why this matters:**
- Higher timeframe levels have more weight
- You can see multiple timeframe structure simultaneously
- Helps you avoid fighting larger timeframe momentum
### 3. **Mitigation**
A level becomes "mitigated" (deactivated) when price touches it:
- **High levels** are mitigated when price reaches or exceeds them
- **Low levels** are mitigated when price reaches or goes below them
Once mitigated, the level disappears from view. The indicator only shows you the untouch levels that still matter.
---
## Visual Components
### 📊 The Dashboard Table
Located in the corner of your chart (configurable), the table shows:
```
┌─────────┬───────────┬────────┬─────┬───────┐
│ Level │ Price │ Points │ Age │ % │
├─────────┼───────────┼────────┼─────┼───────┤
│ ↑↑↑↑↑ │ 21,450.25 │ +45.50 │ 8 │ +0.21%│ ← 5th High (Ancient)
│ ↑↑↑↑ │ 21,430.00 │ +25.25 │ 5 │ +0.12%│ ← 4th High (Old)
│ ↑↑↑ │ 21,420.50 │ +15.75 │ 3 │ +0.07%│ ← 3rd High (Medium)
│ ↑↑ │ 21,412.00 │ +7.25 │ 1 │ +0.03%│ ← 2nd High (New)
│ ↑ ⚠️ │ 21,408.25 │ +3.50 │ 0 │ +0.02%│ ← 1st High (Proximity Alert!)
├─────────┼───────────┼────────┼─────┼───────┤
│ 15 mins │ 🟢 │ Δ 8.75 │ 2U │ │ ← Status Row
├─────────┼───────────┼────────┼─────┼───────┤
│ ↓ ⚠️ │ 21,399.50 │ -5.25 │ 0 │ -0.02%│ ← 1st Low (Proximity Alert!)
│ ↓↓ │ 21,395.00 │ -9.75 │ 2 │ -0.05%│ ← 2nd Low (Medium)
│ ↓↓↓ │ 21,385.25 │ -19.50 │ 4 │ -0.09%│ ← 3rd Low (Old)
│ ↓↓↓↓ │ 21,370.00 │ -34.75 │ 6 │ -0.16%│ ← 4th Low (Old)
│ ↓↓↓↓↓ │ 21,350.75 │ -54.00 │ 9 │ -0.25%│ ← 5th Low (Ancient)
├─────────┼───────────┼────────┼─────┼───────┤
│ 📊 15↑ / 12↓ │ ← Statistics (optional)
└─────────┴───────────┴────────┴─────┴───────┘
```
**Reading the Table:**
- **Level Column**: Number of arrows indicates position (1-5), color shows age
- **Price**: The actual price level
- **Points**: Distance from current price (+ for highs, - for lows)
- **Age**: Number of full sessions since creation
- **%**: Percentage distance from current price
- **⚠️**: Proximity alert - price is within threshold distance
- **Status Row**: Shows timeframe, direction (🟢 bullish/🔴 bearish), tunnel width (Δ), and Strat pattern
### 📈 Visual Elements on Chart
**1. Level Lines**
- Horizontal lines showing each unmitigated level
- **Color-coded by age**: Bright colors = new, darker = older, deep purple/teal = ancient
- **Line style**: Customizable (solid, dashed, dotted)
- Automatically turn **yellow** when price gets close (proximity alert)
**2. Price Labels**
- Show the exact price and age: "21,450.25 (8d)"
- Fixed at small size for clean readability
- Positioned with configurable offset from current bar
**3. Bands (Optional)**
- Shaded zones between pairs of unmitigated levels
- Default: Between 1st and 2nd levels (the "tunnel")
- Can switch to 1st-3rd, 2nd-3rd, or disable entirely
- **Upper band** (pink/maroon) - Between unmitigated highs
- **Lower band** (blue/teal) - Between unmitigated lows
- These represent the "no man's land" or consolidation zones
---
## The Cave Diving Framework
This indicator is designed around the **Cave Diving Trading Framework** - a psychological and technical approach that maps cave diving safety protocols to futures trading risk management.
### 🤿 The Core Metaphor
**Cave diving has clear danger zones based on depth and overhead environment. Your trading should too.**
#### Shallow Water (New Levels, 0-1 Sessions)
- **Light**: Bright colors (bright red highs, bright green lows)
- **Psychology**: Fresh territory, recently tested
- **Trading**: Be aware but not overly concerned
- **Cave Diving Parallel**: You can see the surface, easy exit
#### Penetration Depth (Medium Levels, 2-3 Sessions)
- **Light**: Medium intensity colors
- **Psychology**: Building significance, market memory forming
- **Trading**: Start respecting these levels for entries/exits
- **Cave Diving Parallel**: Deeper in, need to track your line back
#### Deep Dive Zone (Old Levels, 4-6 Sessions)
- **Light**: Dark colors (deep maroon, dark blue)
- **Psychology**: Highly tested support/resistance
- **Trading**: Major decision points, plan accordingly
- **Cave Diving Parallel**: Significant overhead, careful navigation required
#### Overhead Environment (Ancient Levels, 7+ Sessions)
- **Light**: Very dark, purple/deep teal
- **Psychology**: Extreme caution required, major liquidity zones
- **Trading**: These are your "turn back" signals - don't fight ancient levels
- **Cave Diving Parallel**: Maximum danger, no room for error
### 🎯 The Proximity Alert System
Just like a cave diver's depth gauge that warns at critical thresholds, the proximity alerts (⚠️) tell you when you're entering a danger zone. When price gets within your configured threshold (default 5 points), the indicator:
- Highlights the level in **yellow** on the chart
- Shows **⚠️** in the table
- Signals: "You're entering a high-significance zone - adjust your position accordingly"
This prevents the trading equivalent of going deeper into a cave without checking your air supply.
---
## How to Use It for Trading
### 🎯 Entry Strategies
**1. The "Bounce Setup" (Mean Reversion)**
- Wait for price to approach an old or ancient unmitigated level
- Look for confluence: multiple levels nearby, bands narrowing
- Enter when price shows rejection (reversal candle patterns)
- **Example**: Price drops to a 6-session-old low, shows bullish engulfing → Long entry
**2. The "Break and Retest" (Trend Following)**
- Wait for price to break through an unmitigated level (mitigates it)
- Enter on the retest of the newly broken level
- **Example**: Price breaks above 4-session-old high → Wait for pullback to that level → Long entry
**3. The "Tunnel Trade" (Range Trading)**
- When bands are active, trade the range between 1st-2nd levels
- Short near upper band resistance, long near lower band support
- Exit at opposite side or when bands break
### 🚨 Risk Management Rules
**The Ancient Level Rule**
> Never fight ancient levels (7+ sessions). If you're long and approaching an ancient high, take profits. If you're short and approaching an ancient low, take profits.
These levels have survived a full trading week without being touched - there's likely significant liquidity and institutional interest there.
**The Proximity Exit Rule**
> When you see ⚠️ proximity alerts on multiple levels above/below your position, tighten stops or scale out.
This is your "overhead environment" warning. You're in dangerous territory.
**The New Level Filter**
> Be cautious taking positions based solely on new levels (0-1 sessions). Wait for them to age or combine with other confluence.
Fresh levels haven't been tested by time. They're like unconfirmed support/resistance.
### 📊 Reading Market Structure
**Bullish Structure (🟢 in status row)**
- Unmitigated lows are aging and holding
- Price respecting the lower band
- Old lows below acting as strong support
- **Bias**: Look for long entries at lower levels
**Bearish Structure (🔴 in status row)**
- Unmitigated highs are aging and holding
- Price respecting the upper band
- Old highs above acting as strong resistance
- **Bias**: Look for short entries at higher levels
**The Tunnel Compression**
- When the Δ (delta) in the status row is small, levels are tight
- This often precedes a breakout
- **Trading**: Wait for breakout direction, then trade the break
### 🔄 Strat Integration
The indicator shows Strat patterns in the status row:
- **1** - Inside bar (consolidation)
- **2U** - Broke high only (bullish)
- **2D** - Broke low only (bearish)
- **3** - Broke both (wide range, volatility)
Use these with the unmitigated levels:
- **2U near old high** → Potential resistance, watch for rejection
- **2D near old low** → Potential support, watch for bounce
- **3 pattern** → High volatility, respect wider stops
---
## Settings & Customization
### 📅 Session & Timeframe Settings
**HL Interval** (Default: 15 minutes)
- The timeframe for high/low calculation
- **Lower (1m, 5m)**: More levels, more noise, good for scalping
- **Higher (30m, 1H, 4H)**: Fewer levels, stronger significance, good for swing trading
- **Recommendation for NQ/ES**: 15m or 30m for day trading, 1H for swing trading
**Session Age Threshold** (Default: 2)
- How many sessions before a level is considered "old"
- Lower = more levels classified as old
- Higher = stricter definition of significance
### 📊 Level Display Options
**Show Level Lines**
- Toggle: Display horizontal lines for each level
- **Turn off** if you prefer a cleaner chart and only want the table
**Show Level Labels**
- Toggle: Display price labels on the chart
- **Turn off** for minimal visual clutter
**Label Offset**
- Distance (in bars) from current price bar to place labels
- Increase if labels overlap with price action
**Level Line Width & Style**
- Customize visual appearance
- **Thin solid**: Minimal distraction
- **Thick dashed**: High visibility
### 🎨 Age-Based Color Coding
Customize colors for each age category (high and low separately):
- **New (0-1 sessions)**: Default bright red/green
- **Medium (2-3 sessions)**: Default medium intensity
- **Old (4+ sessions)**: Default dark red/blue
- **Ancient (7+ sessions)**: Default deep purple/teal
**Color Strategy Tips:**
- Keep ancient levels in highly contrasting colors
- Use opacity (transparency) if you want subtler lines
- Match your chart's color scheme for aesthetic coherence
### 🎯 Band Settings
**Band Mode**
- **1st-2nd** (Default): The primary "tunnel" between most recent levels
- **1st-3rd**: Wider band, more room for price action
- **2nd-3rd**: Band between less immediate levels
- **Disabled**: No bands, lines only
**Band Colors & Borders**
- Customize fill color and border separately
- **Tip**: Keep bands very transparent (90-95% transparency) to avoid obscuring price action
### ⚠️ Proximity Alert Settings
**Enable Proximity Alerts**
- Toggle: Turn on/off the warning system
- When enabled, levels within threshold distance show ⚠️ and turn yellow
**Alert Threshold** (Default: 5.0 points)
- Distance in points to trigger the alert
- **For NQ**: 5-10 points is reasonable
- **For ES**: 2-5 points is reasonable
- **For MES/MNQ**: Scale down proportionally
**Alert Highlight Color**
- The color lines/labels turn when proximity is triggered
- Default: Yellow (high visibility)
### 📋 Table Settings
**Show Table**
- Toggle: Display the dashboard table
**Table Location**
- Top Left, Top Right, Bottom Left, Bottom Right
- Choose based on your chart layout and other indicators
**Text Size**
- Tiny, Small, Normal, Large
- **Recommendation**: Normal for 1080p monitors, Small for 4K
**Show % Distance**
- Toggle: Add percentage distance column to table
- Useful for comparing relative distances across different price ranges
**Show Statistics Row**
- Toggle: Show total count of unmitigated highs/lows
- Format: "📊 15↑ / 12↓" (15 unmitigated highs, 12 unmitigated lows)
- Useful for gauging overall market structure
### ⚡ Performance Settings
**Enable Level Cleanup**
- Automatically remove very old levels to maintain performance
- **Keep on** unless you want unlimited history
**Max Lookback Levels** (Default: 10,000)
- Maximum number of levels to track
- 10,000 ≈ 6+ months of 15-minute bars
- **Increase** if you want more history
- **Decrease** if experiencing performance issues
**Max Boxes Per Band** (Default: 245)
- TradingView limit is 500 total boxes
- With 2 bands, 245 each = 490 total (safe maximum)
---
## Best Practices
### 🎯 Position Management
**1. Scaling In Near Old Levels**
```
Price approaching 5-session-old low:
- First position: 30% size at proximity alert (⚠️)
- Second position: 40% size at exact level
- Third position: 30% size if it shows strong rejection
```
**2. Scaling Out Near Ancient Levels**
```
Holding long position, approaching 8-session-old high:
- Exit 50% at proximity alert (⚠️)
- Exit 30% at exact level
- Trail stop on remaining 20%
```
### 🧠 Trading Psychology Integration
Drawing from principles in *The Mountain Is You*, this indicator helps you:
**1. Recognize Self-Sabotage Patterns**
- **The Premature Entry**: Entering before price reaches your planned level
- **Solution**: Set alerts at unmitigated levels, wait for proximity warnings
- **The Profit-Taking Problem**: Exiting too early from fear
- **Solution**: Identify the next unmitigated level and commit to holding until proximity alert
- **The Loss Holding**: Refusing to exit losing trades
- **Solution**: When price breaks through and mitigates your entry level, it's telling you the structure changed
**2. Building Better Habits**
The color-coded age system trains your brain to:
- Respect levels that have proven themselves over time
- Distinguish between noise (new levels) and structure (old levels)
- Make decisions based on objective data, not fear or greed
**3. Emotional Regulation**
The proximity alerts serve as:
- **Circuit breakers** - Forcing you to re-evaluate before dangerous zones
- **Permission to act** - Giving you objective signals to exit without second-guessing
- **Validation** - Confirming when you're in alignment with market structure
### 📝 Pre-Market Routine
**Daily Setup Checklist:**
1. ✅ Identify the 3 nearest unmitigated highs above current price
2. ✅ Identify the 3 nearest unmitigated lows below current price
3. ✅ Note which are ancient (7+) - these are your "no-go" zones
4. ✅ Check the tunnel width (Δ in status row) - tight or wide?
5. ✅ Set alerts at the 1st high and 1st low for proximity warnings
6. ✅ Plan: "If we go up, I exit at ___. If we go down, I enter at ___."
### 🔄 Timeframe Confluence
**Multi-Timeframe Strategy:**
Run the indicator on **three instances**:
- **15-minute** (short-term structure)
- **1-hour** (intermediate structure)
- **4-hour** (major structure)
**Strong Setup**: When all three timeframes show unmitigated levels converging at the same price zone.
**Example:**
- 15m: Old low at 21,400
- 1H: Ancient low at 21,398
- 4H: Ancient low at 21,395
- **Result**: 21,395-21,400 is a monster support zone
### ⚠️ What This Indicator Doesn't Do
**Not a Crystal Ball**
- It doesn't predict where price will go
- It shows you where price *hasn't been* and how long it's been avoided
- The trading decisions are still yours
**Not an Entry Signal Generator**
- It provides context and structure
- You need to combine it with your entry methodology (price action, indicators, order flow, etc.)
**Not Foolproof**
- Ancient levels get broken
- Proximity alerts can trigger early in strong trends
- The market doesn't "owe" you a reversal at any level
---
## Common Scenarios
### Scenario 1: "Level Cluster Ahead"
**Situation**: You're long at 21,400. The table shows:
- 1st High: 21,425 (2 sessions old)
- 2nd High: 21,428 (3 sessions old)
- 3rd High: 21,435 (6 sessions old)
**Interpretation**: There's a resistance cluster just 25-35 points away. The 6-session-old level is particularly significant.
**Action**:
- Set first profit target at 21,420 (before the cluster)
- Set second target at 21,426 (between 1st and 2nd)
- Trail remaining position, but be ready to exit on rejection at 21,435
**Cave Diving Analogy**: You're approaching an overhead section with limited clearance. Lighten your load (reduce position) before entering.
---
### Scenario 2: "Ancient Level Approaches"
**Situation**: The market is grinding higher. You see ⚠️ appear next to a 9-session-old high at 21,500.
**Interpretation**: This level has survived over a week without being touched. Massive potential liquidity zone.
**Action**:
- If long, this is your absolute exit zone. Take profits before or at level.
- If looking to short, wait for clear rejection (price taps and reverses)
- Don't try to buy the breakout until it clearly breaks and retests
**Cave Diving Analogy**: Your dive computer is beeping - you've reached your planned turn-back depth. No matter how interesting it looks ahead, honor your plan.
---
### Scenario 3: "Mitigated Levels Create New Structure"
**Situation**: Price breaks and mitigates the 1st High. The previous 2nd High becomes the new 1st High.
**Interpretation**: The structure just shifted. What was the 2nd level is now most relevant.
**Action**:
- Watch how price reacts to the newly-mitigated level
- If it holds below (acts as resistance), bearish
- If it reclaims and holds above (acts as support), bullish
- The NEW 1st High is your next target/resistance
**Cave Diving Analogy**: You've passed through a restriction - the cave layout ahead is different now. Update your mental map.
---
### Scenario 4: "Tight Tunnel, Upcoming Breakout"
**Situation**: The Δ in the status row shows 3.25 points (very tight). Bands are converging.
**Interpretation**: Price is consolidating between very close unmitigated levels. Breakout likely.
**Action**:
- Don't try to predict direction
- Set alerts above 1st High and below 1st Low
- When break occurs, trade the retest
- Expect volatility - use wider stops
**Cave Diving Analogy**: You're in a narrow passage. Movement will be sudden and directional once it starts.
---
### Scenario 5: "Imbalanced Structure"
**Situation**: The statistics row shows "📊 22↑ / 7↓"
**Interpretation**: There are many more unmitigated highs than lows. This suggests:
- Price has been declining (hitting lows, leaving highs behind)
- Potential bullish reversal zone (lots of overhead supply mitigated)
- Or continued bearish structure (resistance everywhere above)
**Action**:
- Look at the age of those 22 highs
- If mostly new (0-2 sessions): Just a recent downmove, not significant yet
- If many old/ancient: Strong overhead resistance, be cautious on longs
- Compare to price action: Is price respecting the remaining lows?
**Cave Diving Analogy**: You've swam deeper than your starting point - most of your markers are above you now. Are you planning the ascent or going deeper?
---
## Final Thoughts: The Philosophy
This indicator is built on a simple but powerful principle: **The market has memory, and that memory has weight.**
Every unmitigated level represents:
- Liquidity left behind
- Orders waiting to be filled
- Institutional interest potentially parked
- Psychological significance for participants
The longer a level remains unmitigated, the more "charged" it becomes. When price finally revisits it, something significant usually happens - either a strong reversal or a definitive break.
Your job as a trader isn't to predict which outcome will occur. Your job is to:
1. **Recognize** when you're approaching these charged zones
2. **Respect** them by adjusting position size and risk
3. **React** appropriately based on how price behaves at them
4. **Remember** that ancient levels (like ancient wisdom) deserve extra reverence
The Cave Diving Framework embedded in this indicator serves as a constant reminder: Trading, like cave diving, requires rigorous respect for environmental hazards, meticulous planning, and the discipline to turn back when your limits are reached.
**Every proximity alert is the market asking you**: *"Do you really want to go deeper?"*
Sometimes the answer is yes - when your setup, confluence, and risk management all align.
Often, the answer should be no - and that's the trader avoiding the accident that would have happened to the gambler.
---
### 🎯 Quick Reference Card
**Color System:**
- 🟢 Bright colors = New (0-1 sessions) = Shallow water
- 🟡 Medium colors = Medium (2-3 sessions) = Penetration depth
- 🔴 Dark colors = Old (4-6 sessions) = Deep dive zone
- 🟣 Deep dark colors = Ancient (7+ sessions) = Overhead environment
**Symbols:**
- ↑ ↑↑ ↑↑↑ ↑↑↑↑ ↑↑↑↑↑ = High levels (1st through 5th)
- ↓ ↓↓ ↓↓↓ ↓↓↓↓ ↓↓↓↓↓ = Low levels (1st through 5th)
- ⚠️ = Proximity alert (danger zone)
- 🟢 = Bullish structure
- 🔴 = Bearish structure
- Δ = Tunnel width (distance between 1st high and 1st low)
**Critical Rules:**
1. Never fight ancient levels (7+ sessions)
2. Respect proximity alerts (⚠️)
3. Scale out near old/ancient resistance
4. Wait for confluence when entering
5. Let mitigated levels prove their new role
---
**Remember**: The indicator gives you structure. The trading edge comes from your discipline in respecting that structure.
Trade safe, trade smart, and always know your exit before your entry. 🎯
---
*"You don't become your best self by denying your patterns. You become your best self by recognizing them, understanding them, and choosing differently." - Adapted from The Mountain Is You*
In trading: You don't become profitable by ignoring market structure. You become profitable by recognizing it, understanding it, and choosing your entries accordingly.
PivotBoss VWAP Bands (Auto TF) - FixedWhat this indicator shows (high level)
The indicator plots a VWAP line and three bands above (R1, R2, R3) and three bands below (S1, S2, S3).
Band spacing is computed from STD(abs(VWAP − price), N) and multiplied by 1, 2 and 3 to form R1–R3 / S1–S3. The script is timeframe-aware: on 30m/1H charts it uses Weekly VWAP and weekly bands; on Daily charts it uses Monthly VWAP and monthly bands; otherwise it uses the session/chart VWAP.
VWAP = the market’s volume-weighted average price (a measure of fair value). Bands = volatility-scaled zones around that fair value.
Trading idea — concept summary
VWAP = fair value. Price above VWAP implies bullish bias; below VWAP implies bearish bias.
Bands = graded overbought/oversold zones. R1/S1 are near-term limits, R2/S2 are stronger, R3/S3 are extreme.
Use trend alignment + price action + volume to choose higher-probability trades. VWAP bands give location and magnitude; confirmations reduce false signals.
Entry rules (multiple strategies with examples)
A. Momentum breakout (trend-following) — preferred on trending markets
Setup: Price consolidates near or below R1 and then closes above R1 with above-average volume. Chart: 30m/1H (Weekly VWAP) or Daily (Monthly VWAP) depending on your timeframe.
Entry: Enter long at the close of the breakout bar that closes above R1.
Stop-loss: Place initial stop below the higher of (VWAP or recent swing low). Example: if price broke R1 at ₹1,200 and VWAP = ₹1,150, set stop at ₹1,145 (5 rupee buffer below VWAP) or below the last swing low if that is wider.
Target: Partial target at R2, full target at R3. Trail stop to VWAP or to R1 after price reaches R2.
Example numeric: Weekly VWAP = ₹1,150, R1 = ₹1,200, R2 = ₹1,260. Buy at ₹1,205 (close above R1), stop ₹1,145, target1 ₹1,260 (R2), target2 ₹1,320 (R3).
B. Mean-reversion fade near bands — for range-bound markets
Setup: Market is not trending (VWAP flatish). Price rallies up to R2 or R3 and shows rejection (pin bar, bearish engulfing) on increasing or neutral volume.
Entry: Enter short after a confirmed rejection candle that fails to sustain above R2 or R3 (prefer confirmation: close back below R1 or below the rejection candle low).
Stop-loss: Just above the recent high (e.g., 1–2 ATR or a fixed buffer above R2/R3).
Target: First target VWAP, second target S1. Reduce size if taking R3 fade as it’s an extreme.
Example numeric: VWAP = ₹950, R2 = ₹1,020. Price spikes to ₹1,025 and forms a bearish engulfing candle. Enter short at ₹1,015 after the next close below ₹1,020. Stop at ₹1,035, target VWAP ₹950.
C. Pullback entries in trending markets — higher probability
Setup: Price is above VWAP and trending higher (higher highs and higher lows). Price pulls back toward VWAP or S1 with decreasing downside volume and a reversal candle forms.
Entry: Long when price forms a bullish reversal (hammer/inside-bar) with a close back above the pullback candle.
Stop-loss: Below the pullback low (or below S2 if a larger stop is justified).
Target: VWAP then R1; if momentum resumes, trail toward R2/R3.
Example numeric: Price trending above Weekly VWAP at ₹1,400; pullback to S1 at ₹1,360. Enter long at ₹1,370 when a bullish candle closes; stop at ₹1,350; first target VWAP ₹1,400, second target R1 ₹1,450.
Exit rules and money management
Basic exit hierarchy
Hard stop exit — when price hits initial stop-loss. Always use.
Target exit — take partial profits at R1/R2 (for longs) or S1/S2 (for shorts). Use trailing stops for the remainder.
VWAP invalidation — if you entered long above VWAP and price returns and closes significantly below VWAP, consider exiting (condition depends on timeframe and trade size).
Price action exit — reversal patterns (strong opposite candle, bearish/bullish engulfing) near targets or beyond signals to exit.
Trailing rules
After price reaches R2, move stop to breakeven + a small buffer or to VWAP.
After price reaches R3, trail by 1 ATR or lock a defined profit percentage.
Position sizing & risk
Risk per trade: commonly 0.5–2% of account equity.
Determine position size by RiskAmount ÷ (EntryPrice − StopPrice).
If the stop distance is large (e.g., trading R3 fades), reduce position size.
Filters & confirmation (to reduce false signals)
Volume filter: For breakouts, require volume above short-term average (e.g., >20-period average). Breakouts on low volume are suspect.
Trend filter: Only take breakouts in the direction of the higher-timeframe trend (for example, use Daily/Weekly trend when trading 30m/1H).
Candle confirmation: Prefer entries on close of the confirming candle (not intrabar noise).
Multiple confirmations: When R1 break happens but RSI/plotted momentum indicator does not confirm, treat signal as lower probability.
Special considerations for timeframe-aware logic
On 30m/1H the script uses Weekly VWAP/bands. That means band levels change only on weekly candles — they are strong, structural levels. Treat R1/R2/R3 as significant and expect fewer, stronger signals.
On Daily, the script uses Monthly VWAP/bands. These are wider; trades should allow larger stops and smaller position sizes (or be used for swing trades).
On other intraday charts you get session VWAP (useful for intraday scalps).
Example: If you trade 1H and the Weekly R1 is at ₹2,400 while session VWAP is ₹2,350, a close above Weekly R1 represents a weekly-level breakout — prefer that for swing entries rather than scalps.
Example trade walkthrough (step-by-step)
Context: 1H chart, auto-mapped → Weekly VWAP used.
Weekly VWAP = ₹3,000; R1 = ₹3,080; R2 = ₹3,150.
Price consolidates below R1. A large bullish candle closes at ₹3,085 with volume 40% above the 20-bar average.
Entry: Buy at close ₹3,085.
Stop: Place stop at ₹2,995 (just under Weekly VWAP). Risk = ₹90.
Position size: If risking ₹900 per trade → size = 900 ÷ 90 = 10 units.
Targets: Partial take-profit at R2 = ₹3,150; rest trailed with stop moved to breakeven after R2 is hit.
If price reverses and closes below VWAP within two bars, exit immediately to limit drawdown.
When to avoid trading these signals
High-impact news (earnings, macro announcements) that can gap through bands unpredictably.
Thin markets with low volume — VWAP loses significance when volumes are extremely low.
When weekly/monthly bands are flat but intraday price is volatile without clear structure — prefer session VWAP on smaller timeframes.
Alerts & automation suggestions
Alert on close above R1 / below S1 (use the built-in alertcondition the script adds). For higher-confidence alerts, require volume filter in the alert condition.
Automated order rules (if you automate): use limit entry at breakout close plus a small slippage buffer, immediate stop order, and OCO for TP and SL.
CyberTradingV1.4 TRexCyberTradingV1.3 — Multi-TF Volatility/Structure + FVG Suite (by College Pips)
TL;DR
One utility to read volatility regime (ATR vs TH), map market structure & swings, and track FVG/CE imbalances—so you can gauge range, context and entries in one place. No signals or promises; it’s a contextual toolkit.
What it does
Volatility table (multi-TF): Shows ATR-style and TH proxies across 1m → Monthly, so you can compare current TF vs higher TFs.
Composite levels: LQC / GAM / Trigger / TRex quantify “how much is enough” for legs/impulses relative to the active TF.
Structure & swings: Validated swing highs/lows with optional time-anchored rectangles (height sized by LQC) and auto structure/diagonal lines.
Imbalances (FVG): Auto-detect UP/DOWN FVGs, extend forward, optional CE line; alerts fire on touches/entries/fills.
Candle sizing: Directional color map by fixed ATR-ratio buckets; Inside Bars are force-colored for clarity.
How components work together (mashup rationale)
Read regime with the table (ATR vs TH per TF).
Map structure with swings/lines to see HH/HL/LH/LL context.
Focus imbalances with FVG + optional CE; monitor with alerts.
Act with thresholds using LQC/GAM/Trigger/TRex to standardize expectations across symbols/TFs.
Method transparency
ATR/TH math: ATR is a smoothed multi-window blend; TH scales the daily range to TF via √time.
Composites: LQC ≈ √(ATR×TH) × C(TF); GAM2/3/4 and Trigger/TRex apply TF-specific scalars to min/max aggregates (see source for exact coefficients).
Multi-TF: Values come from request.security and finalize on higher-TF bar close (no look-ahead).
Swings: Confirmed using left/right strengths; labels are offset back to the pivot bar.
FVG/CE: Classic 3-bar definition; CE is the midpoint line. Boxes extend until touched/filled; optional auto-delete on fill.
Usage
Enable the table to gauge expansion/contraction.
Turn on swing rectangles for LQC-sized reaction zones.
Toggle FVG + CE on your execution TF; use alerts to catch re-entries/resolutions.
Combine with price action and your own trade plan.
Limitations & fair warnings (be honest)
Offsets/past plotting: Swing labels and rectangles are anchored to past bars (offset = -right_strength). They do not predict future bars.
Repainting notes: Swings confirm after right_strength bars; higher-TF values finalize on their close. Past markings can update as confirmations occur.
Tick handling: Uses syminfo.mintick (special cases for JPY/XAU/XAG). Validate on exotic symbols.
No promises: This is a context tool, not a buy/sell signal generator.
Alerts included
ABOVE/BELOW threshold: Price crossing CE or FVG bounds.
IOFED up/down: Price entering an FVG from above/below.
Inputs (high-level)
Layout/positioning, color palettes, swing rectangle styling (width/fill/border), detection strengths, label/line widths, FVG lookback, CE on/off & style, auto-delete filled boxes.
Credits & reuse
Concepts like FVG/CE are widely known in market-microstructure education.
This implementation—table architecture, LQC/GAM/Trigger framework, swing rectangles, candle bucketing, and alert logic—is original to College Pips / CyberTradingV1.4
TSCandleColor (The Strat)This indicator highlights 1 and 3 candles based on The Strat, created by Rob Smith. In The Strat, candles can only take one of 3 forms, an inside bar or a '1' where the high and low of the current candle are within the high and low of the previous candle, an outside bar or a '3' where the high and low of the current candle are outside of the previous bar, and a '2' bar where either the high or low of the current candle surpasses the previous candle but not both. Since '1' and '3' bars are key to many setups, this script highlights those candles. Highlighted colors are configurable by the user. This indicator further draws a line at the 50% mark of the previous candle for use in conjunction with the teachings of Sara Strat Sniper and her 50% rule. Her 50% rule states that when a '2' candle passes the 50% mark of the previous candle there is a high likelihood of that '2' candle becoming a '3'. Having this already drawn on the chart with each new candle makes it much easier to see this real-time. The color and style of the 50% line is also configurable.
Pullback IndicatorThe Pullback Indicator is a technical analysis tool designed to identify pullbacks in the price action of a financial instrument. It is based on the concept that price tends to retrace to a previous level of support or resistance before continuing in the direction of the trend.
The indicator is plotted as a series of triangles above or below the price bars, depending on the type of pullback detected. A green triangle is displayed when a bullish pullback is detected, while a red triangle is displayed for a bearish pullback.
The Pullback Indicator uses Inside Bar Range, this number is a user-defined input that specifies the number of bars to look back for the highest high and lowest low.
The indicator classifies four types of pullbacks:
Swing Low - When the price forms a lower low and a higher low than the previous bar.
Swing High - When the price forms a higher high and a lower high than the previous bar.
High Low Sweep and close below - When the price forms a lower low and a higher low than the previous bar, but the close is below the previous high.
High Low Sweep and close above - When the price forms a higher high and a lower high than the previous bar, but the close is above the previous low.
The Pullback Indicator is best used in conjunction with other technical analysis tools to confirm the direction of the trend and to identify potential entry and exit points.
The $trat | by Octopu$1️⃣2️⃣3️⃣ The $trat | by Octopu$
The $trat: The Strat by Octopu$
Absolute Solution for The Strat Traders!
The Strat is a Strategy created by Rob Smith's and is well known by being an innovative trading system.
Continues to grow in popularity as more traders discover this method.
It is a simplified way to understand Price Action. It is based on three principles: Types of candles, 1, 2, and 3.
Other things to be known about The Strat are Actionable Signals and Time Frame Continuity.
The $trat has it all.
This Indicator includes Bar Types (1, 2 and 3) also known as Inside Bars, Twos (Up or Down) and Outside Bars.
It is also well crafted with a built-in Time Frame Continuity (TFC) which shows Price Movement at a glimpse.
On top of that, in the best of both worlds, also comes with information about the Bars Status for other TFs as well.
It means that you can know how another TF of you preference is performing. Right there.
Works in Any Time Frame.
On Any Ticker.
(Using SPY 5m just as an example:)
www.tradingview.com
SPY
Features:
• Candle Types (1, 2 and 3) IB, 2U & 2D and OB.
• Time Frame Continuity (TFC) for Price Movement/Trend Check
• Bar Status shortcut. So you can know Price Action/Direction fast.
• Reversal indicators for Action-taking and Situational Awareness
• Combos Labels. So nothing ever goes unnoticed.
Options:
• Absolutely fully Customizable: Colors, Sizes, Numbers. Everything.
• On/Off Switches for most of the Information and Optionable Selections
• Hammer/Shooter Indicator automatically inserted to Chart
• Candle/Bars Coloring for ease of reading.
• Highlight options for specific setups
Notes:
v1.0
$trat Indicator release
Changes and updates can come in the future for additional functionalities or per requests.
Did you like it? Boost it. Shoot a message! I'd appreciate if you dropped by to say thanks.
- Octopu$
🐙
Dunnigan Bars This displays "Dunnigan Bars," which is defined as:
Higher High and High Low = Green Color
Lower High and Lower Low = Red Color
Inside Bar = Black Color
Outside Bar = Yellow Color
Strat 1-2 Break AlertsThe Strat 1-2 Break Alerts
by Yolanda Marie Dixon
This indicator automatically identifies Inside Bars (1) and alerts when price breaks out into a 2-1-2 Bullish or 2-1-2 Bearish setup — two of the most actionable patterns in The Strat methodology created by Rob Smith.
📊 What It Does:
Marks Inside Bars with a yellow triangle below the candle.
Plots a green “2-1-2↑” triangle when a bullish breakout occurs.
Plots a red “2-1-2↓” triangle when a bearish breakdown occurs.
Provides built-in alerts so traders never miss a 2-1-2 setup.
💡 How to Use It:
Add the indicator to your chart, then go to Alerts → Create Alert → Condition: Strat 1-2 Break Alerts, and choose either 2-1-2 Up or 2-1-2 Down.
Perfect for traders who follow The Strat and want simple, reliable visual and alert-based signals for 1-2 setups.
—
🔔 Stay ready, stay Stratified.
Master The Strat with instant alerts for every 2-1-2 breakout.
2-1-2 ReversalThis indicator identifies all 2-1-2 price action patterns on any chart or time frame — both reversals and continuations — based on Rob Smith’s The Strat trading system.
🟢 Bullish 2-1-2:
Detected when a directional candle (2D or 2U), followed by an inside bar (1), is followed by a break to the upside (2U).
🔴 Bearish 2-1-2:
Detected when a directional candle (2U or 2D), followed by an inside bar (1), is followed by a break to the downside (2D).
✅ Key Features:
Works on any time frame (1m to Monthly)
No filters — shows every valid 2-1-2 setup
Detects both reversal and continuation patterns
🔔 Built-in alert conditions for Bullish and Bearish setups
🔍 Great for strat traders who want to catch all opportunities, not just hand-picked ones
🧠 Use Case Tips:
Combine with higher time frame trend or broadening formations for confirmation
Works well with sectors (SPY, QQQ, XLE) and ETFs for strat alignment
Add volume, EMA, or other custom confluences for advanced filtering
Momentum Analysis Package by JCTThis all-in-one script is designed for traders and investors seeking maximum charting power in a single indicator—especially for those using TradingView’s free plan, where only one or two indicators are allowed per chart tab.
Why This Script Stands Out:
- Unified Solution: Combines most of the popular and essential indicators— EMA, SMA, RS Rating, Buyable Gap Up detection, Pattern Recognition, Inside Bar signals , and more—into one comprehensive package.
- Ideal for Free Users: No need to choose between different overlays or switch scripts; everything you require for detailed technical analysis is now accessible in a single chart tab .
- Pattern Recognition: Robust candlestick , base , cup with handle , and double bottom set-up detection—plus gap up signals —help you spot trade opportunities and monitor market momentum.
Key Features Included:
- Multi-timeframe customizable moving averages (EMA/SMA)
- RS Rating with new high/low detection
- Buyable Gap Up signal identification
- Chart pattern detection
- Bullish/bearish inside bar highlights
Hope you guys do enjoy it!!!
Nexus v10Nexus v10 - Confluence-Driven Trading Indicator
The Nexus v10 is a sleek, modern, and versatile trading indicator that delivers precise buy and sell signals by synthesizing a confluence of technical factors, including Heikin Ashi candles, RSI, ADX, and EMA crossovers. The name "Nexus" captures its core strength—connecting and synthesizing multiple signals into a cohesive trading decision point. The term evokes a central hub or convergence, reflecting the script’s confluence-based approach, dynamic adaptability, and real-time precision for scalping. Designed for traders seeking clarity and efficiency, it’s a powerful tool for navigating dynamic markets.
Key Features:
Confluence-Based Signals: Combines weighted signals from Heikin Ashi, RSI, ADX, and EMA crossovers to generate high-probability buy/sell signals.
Neutral Status Logic: Limits consecutive signals to two per direction, requiring a "Neutral" status before the second signal to ensure disciplined trading.
Clean Visualization: Displays only the two most recent buy/sell signals, keeping the chart uncluttered and focused on current opportunities.
Dynamic Adaptability: Offers customizable RSI thresholds, EMA lengths, MTF settings, and dynamic overbought/oversold levels to fit any market or style.
Candle Coloring & Inside Bars: Highlights overbought/oversold conditions and inside bars with customizable colors for enhanced context.
Real-Time Debug Table: Provides live insights into signal status, RSI, MTF trends, and ADX for informed decision-making.
How It Works:
Nexus v10 integrates multiple technical factors, including MTF analysis (default: 3m, 15m, 240m, D), RSI, ADX, and EMA crossovers, to produce signals when confluence criteria are met. Signals appear as circles on the chart, with a maximum of two visible signals per direction (buy or sell). A second signal in the same direction requires a neutral status, ensuring precision. Ideal for scalping, swing, and trend trading across stocks, forex, futures, and more.
Usage Tips:
Customize settings like RSI thresholds and MTF periods to align with your trading strategy.
Use the debug table to monitor confluence factors and signal status in real-time.
Pair with sound risk management and personal analysis for optimal results.
Note:
Always backtest thoroughly in your trading environment to validate performance. Let the Nexus v10 guide your next trade with precision and clarity!
Nexus v10Nexus v10 - Confluence-Driven Trading Indicator
The Nexus v10 is a sleek, modern, and versatile trading indicator that delivers precise buy and sell signals by synthesizing a confluence of technical factors, including Heikin Ashi candles, RSI, ADX, and EMA crossovers. The name "Nexus" captures its core strength—connecting and synthesizing multiple signals into a cohesive trading decision point. The term evokes a central hub or convergence, reflecting the script’s confluence-based approach, dynamic adaptability, and real-time precision for scalping. Designed for traders seeking clarity and efficiency, it’s a powerful tool for navigating dynamic markets.
Key Features:
Confluence-Based Signals: Combines weighted signals from Heikin Ashi, RSI, ADX, and EMA crossovers to generate high-probability buy/sell signals.
Neutral Status Logic: Limits consecutive signals to two per direction, requiring a "Neutral" status before the second signal to ensure disciplined trading.
Clean Visualization: Displays only the two most recent buy/sell signals, keeping the chart uncluttered and focused on current opportunities.
Dynamic Adaptability: Offers customizable RSI thresholds, EMA lengths, MTF settings, and dynamic overbought/oversold levels to fit any market or style.
Candle Coloring & Inside Bars: Highlights overbought/oversold conditions and inside bars with customizable colors for enhanced context.
Real-Time Debug Table: Provides live insights into signal status, RSI, MTF trends, and ADX for informed decision-making.
How It Works:
Nexus v10 integrates multiple technical factors, including MTF analysis (default: 3m, 15m, 240m, D), RSI, ADX, and EMA crossovers, to produce signals when confluence criteria are met. Signals appear as circles on the chart, with a maximum of two visible signals per direction (buy or sell). A second signal in the same direction requires a neutral status, ensuring precision. Ideal for scalping, swing, and trend trading across stocks, forex, futures, and more.
Usage Tips:
Customize settings like RSI thresholds and MTF periods to align with your trading strategy.
Use the debug table to monitor confluence factors and signal status in real-time.
Pair with sound risk management and personal analysis for optimal results.
Note:
Always backtest thoroughly in your trading environment to validate performance. Let the Nexus v10 guide your next trade with precision and clarity!
Haniva ATRHaniva ATR Indicator
This indicator is fully based on ATR (Average True Range) calculations and is designed for analyzing behavior of price movement. It is tailored for traders who follow the BPM style.
Applications of the indicator:
1- Yellow candles represent inside bars, and you can trade them with inside bar hunt setup.
2- The ATR table calculates Average True Range values across multiple timeframes for better volatility assessment.
3- The Stop Loss & Target table provides suggested stop loss and target levels, dynamically calculated based on each timeframe’s ATR.
4- Long shadows (wicks) are highlighted in the chart, and their 50% zones are clearly marked to assist with identifying potential reversal or reaction points.
5- The indicator also defines key percentages used to determine the leg timeframe, helping traders align their setups with market structure.
Time Based 3 Candle Model CRT FrameworkThe 3 Candle Model Overview:
The 3 Candle Model serves as a sophisticated framework for traders to navigate the complexities of financial markets, particularly within futures and forex trading. This guide not only elaborates on the model's key features but also emphasizes its originality and practical usefulness in the TradingView community. The core principle of the 3 Candle Model revolves around understanding how candle patterns can represent significant price ranges, offering valuable insights into potential market movements. By integrating the model with other critical trading concepts such as the Power of Three (PO3), Open-High-Low-Close (OHLC), and Turtle Soup setups, traders can enhance their ability to identify high-probability trades and achieve better trading outcomes.
Indicator includes:
3 Customizable Timeframe choices to fractally frame 3 candle models for precision
Live Timers for each timeframe to always be aware of the models timing
Parent Candle tracking on every preffered timeframe until new models parent candle is printed
Key Features of the 3 Candle Model
The 3 Candle Model primarily utilizes a three-candle structure, where the first candle establishes a price range, the second candle may act as a confirmation (often termed a "turtle soup"), and the third candle provides the breakout or continuation. This structure is pivotal in determining entry and exit points for trades, ensuring that each trading decision is backed by solid price action analysis.
OHLC Principle:
The Open-High-Low-Close (OHLC) concept is integral to the 3 Candle Model, allowing traders to analyze price action more effectively. Understanding the relationship between these four price points helps traders gauge market sentiment and potential reversals. By incorporating OHLC into the model, traders can develop a deeper understanding of market structure and its implications for future price movements.
Delivery States:
The 3 Candle Model emphasizes the importance of delivery states, which refer to the market's phase during specific time frames. Recognizing these states aids traders in determining the appropriate conditions for entering trades, particularly when combined with the power of three and candle range patterns. This understanding is crucial for positioning trades in alignment with market momentum.
High Probability Setups:
By aligning the 3 Candle Model with inside bar setups, traders can optimize their strategies for high-probability outcomes. This approach capitalizes on the inherent fractal nature of price movements, where previous patterns repeat at different scales. The combination of the model and inside bar setups enhances the trader's toolkit, allowing for more strategic trade placements.
Turtle Soup Formation:
The 3 Candle Model intricately connects with the Turtle Soup concept, which focuses on false breakouts. Identifying these formations at critical levels enhances the trader's ability to anticipate reversals or continuation patterns. The timing of these setups, particularly during specified times like 3:00 AM, 6:00 AM, 9:00 AM, and 1:00 PM, is crucial for maximizing trade success.
Using the 3 Candle Model in Trading
Integration with PO3:
The Power of Three (PO3) is a fundamental aspect of the 3 Candle Model that emphasizes the significance of three distinct stages of price delivery. Traders can leverage this principle by observing the initial range, confirming patterns, and executing trades during the third phase, leading to higher risk-to-reward ratios. This three-stage approach enhances a trader's ability to make informed decisions based on market behavior.
Targeting Midpoints:
Successful application of the 3 Candle Model involves targeting the midpoints of identified ranges. This practice not only provides strategic entry points but also enhances the probability of reaching desired profit levels. By targeting these midpoints, traders can refine their exit strategies and manage risk more effectively.
Aligning with Market Timing:
Timing is everything in trading. By synchronizing the 3 Candle Model setups with the aforementioned key timeframes, traders can better position themselves to exploit market dynamics. This alignment also facilitates the identification of high-quality trades that exhibit strong potential for profitability.
Prioritizing A+ Setups:
By focusing on the 3 Candle Model and its associated concepts, traders can prioritize A+ setups that exhibit a strong alignment of factors. This methodical approach enhances the quality of trades taken, leading to improved overall performance. By cultivating a strategy centered on high-probability setups, traders can maximize their return on investment.
Ensuring Originality and Usefulness
To meet the TradingView community guidelines, it is essential that this script is both original and useful. The 3 Candle Model, in its essence, is designed to provide traders with a unique perspective on market movements, free from generic or rehashed strategies. This tool integrates unique interpretations of the three-candle model and the associated strategies that are distinctly articulated and innovative.
Practical Applications: there are many practical applications of the 3 Candle Model in various trading contexts. This model in conjunction with other strategies to cultivate high-probability trade setups that can enhance performance across diverse market conditions.
Educational Value: This script is crafted with educational value in mind, providing insights that extend beyond mere trading signals. It encourages users to develop a deeper understanding of market mechanics and the interplay between price action, time, and trader psychology.
Conclusion
The 3 Candle Model provides a comprehensive framework for traders to enhance their trading strategies in the futures and forex markets. By understanding and applying the principles of this model alongside the Power of Three, OHLC concepts, and Turtle Soup formations, traders can significantly improve their ability to identify high-probability trades. The emphasis on timing, delivery states, and alignment of ranges ensures that traders are well-equipped to navigate the complexities of market movements, ultimately leading to more consistent and rewarding trading outcomes.
As trading involves risk, it is essential for traders to utilize these principles judiciously and maintain a disciplined approach to their trading strategies. By adhering to the TradingView community guidelines and emphasizing originality, usefulness, and detailed descriptions, this 3 Candle Model script stands as a valuable resource for traders seeking to refine their skills and achieve greater success in the financial markets.
Through this detailed exploration of the 3 Candle Model, traders will not only learn to recognize and exploit key patterns in price action but also appreciate the interconnectedness of various trading strategies that can significantly enhance their performance and profitability.
CS PatternsOverview
The CS Patterns indicator is designed to identify and highlight various candlestick patterns on a trading chart. Candlestick patterns are a crucial tool for traders as they help in predicting market movements and potential reversals. This indicator includes single, double, and triple candlestick patterns without revealing the source code, making it an ideal tool for traders who want to utilize advanced pattern recognition while keeping the script proprietary.
Candlestick Patterns Included
Single Candlestick Patterns
Bullish Hammer:
Found at the bottom of a downtrend.
Features a small body, long lower shadow, and little to no upper shadow.
Indicates potential reversal to an uptrend.
Bearish Hanging Man:
Found at the top of an uptrend.
Similar structure to the Bullish Hammer but indicates a potential reversal to a downtrend.
Bullish Inverted Hammer:
Found at the bottom of a downtrend.
Features a small body, long upper shadow, and little to no lower shadow.
Suggests a potential reversal to an uptrend.
Bearish Shooting Star:
Found at the top of an uptrend.
Indicates a potential reversal to a downtrend.
Dragonfly Doji:
Small or non-existent upper shadow and long lower shadow.
Indicates a potential reversal when found at the bottom of a trend.
Gravestone Doji:
Long upper shadow and small or non-existent lower shadow.
Indicates a potential reversal when found at the top of a trend.
Standard Doji:
Very small body, indicates indecision in the market.
Can signal reversals when found at the tops or bottoms of trends.
Long-Legged Doji:
Long upper and lower shadows with a small body.
Indicates a potential market reversal.
Double Candlestick Patterns
Bullish Engulfing:
A smaller bearish candle followed by a larger bullish candle that engulfs it.
Indicates a potential reversal to an uptrend.
Bearish Engulfing:
A smaller bullish candle followed by a larger bearish candle that engulfs it.
Indicates a potential reversal to a downtrend.
Bullish Harami:
A large bearish candle followed by a smaller bullish candle within its range.
Indicates a potential reversal to an uptrend.
Bearish Harami:
A large bullish candle followed by a smaller bearish candle within its range.
Indicates a potential reversal to a downtrend.
Bullish Piercing Line:
A bearish candle followed by a bullish candle that closes above the midpoint of the previous candle.
Indicates a potential reversal to an uptrend.
Bearish Dark Cloud Cover:
A bullish candle followed by a bearish candle that closes below the midpoint of the previous candle.
Indicates a potential reversal to a downtrend.
Bullish Inside Bar:
A smaller bullish or bearish candle completely within the range of the previous bearish candle.
Indicates a potential continuation or reversal to an uptrend.
Bearish Inside Bar:
A smaller bullish or bearish candle completely within the range of the previous bullish candle.
Indicates a potential continuation or reversal to a downtrend.
Triple Candlestick Patterns
Bullish Morning Star:
A bearish candle followed by a smaller-bodied candle (bullish or bearish), and then a larger bullish candle.
Indicates a potential reversal to an uptrend.
Bearish Evening Star:
A bullish candle followed by a smaller-bodied candle (bullish or bearish), and then a larger bearish candle.
Indicates a potential reversal to a downtrend.
How to Use?
Adding the Indicator:
Open TradingView and go to the Pine Script Editor.
Copy and paste the provided code into a new script.
Save and add the script to your chart.
Interpreting the Signals:
The indicator will highlight the patterns on the chart with specific labels.
Use these visual cues to make informed trading decisions based on potential reversals or continuations indicated by the patterns.
Customizing the Settings:
The indicator allows for customization of various settings through input options.
Adjust these settings according to your trading strategy and preferences.
TTrades Daily Bias [TFO]Inspired by @TTrades_edu video on daily bias, this indicator aims to develop a higher timeframe bias and collect data on its success rate. While a handful of concepts were introduced in said video, this indicator focuses on one specific method that utilizes previous highs and lows. The following description will outline how the indicator works using the daily timeframe as an example, but the weekly timeframe is also an included option that functions in the exact same manner.
On the daily timeframe, there are a handful of possible scenarios that we consider: if price closes above its previous day high (PDH), the following day's bias will target PDH; if price trades above its PDH but closes back below it, the following day's bias will target its previous day low (PDL).
Similarly, if price closes below its PDL, the following day's bias will target PDL. If price trades below its PDL but closes back above it, the following day's bias will target PDH.
If price trades as an inside bar that doesn't take either PDH or PDL, it will refer to the previous candle for bias. If the previous day closed above its open, it will target PDH and vice versa. If price trades as an outside bar that takes both PDH and PDL, but closes inside that range, no bias is assigned.
With a rigid framework in place, we can apply it to the charts and observe the results.
As shown above, each new day starts by drawing out the PDH and PDL levels. They start out as blue and turn red once traded through (these are the default colors which can be changed in the indicator's settings). The triangles you see are plotted to indicate the time at which PDH or PDL was traded through. This color scheme is also applied to the table in the top right; once a bias is determined, that cell's color starts out as blue and turns red once the level is traded through.
The table indicates the success rate of price hitting the levels provided by each period's bias, followed by the success rate of price closing through said levels after reaching them, as well as the sample size of data collected for each scenario.
In the above crude oil futures (CL1!) 30m chart, we can glean a lot of information from the table in the top right. First we may note that the "PDH" cell is red, which indicates that the current day's bias was targeting PDH and it has already traded through that level. We might also note that the "PWH" cell is blue, which indicates that the weekly bias is targeting the previous week high (PWH) but price has yet to reach that level.
As an example of how to read the table's data, we can look at the "PDH" row of the crude oil chart above. The sample size here indicates that there were 279 instances where the daily bias was assigned as PDH. From this sample size, 76.7% of instances did go on to trade through PDH, and only 53.7% of those instances actually went on to close through PDH after hitting that level.
Of course, greater sample sizes and therefore greater statistical significance may be derived from higher timeframe charts that may go further back in time. The amount of data you can observe may also depend on your TradingView plan.
If we don't want to see the labels describing why bias is assigned a certain way, we can simply turn off the "Show Bias Reasoning" option. Additionally, if we want to see a visual of what the daily and weekly bias currently is, we can plot that along the top and bottom of the chart, as shown above. Here I have daily bias plotted at the top and weekly bias at the bottom, where the default colors of green and red indicate that the bias logic is expecting price to draw towards the given timeframe's previous high or low, respectively.
For a compact table view that doesn't take up much chart space, simply deselect the "Show Statistics" option. This will only show the color-coded bias column for a quick view of what levels are being anticipated (more user-friendly for mobile and other smaller screens).
Alerts can be configured to indicate the bias for a new period, and/or when price hits its previous highs and lows. Simply enable the alerts you want from the indicator's settings and create a new alert with this indicator as the condition. There will be options to use "Any alert() function call" which will alert whatever is selected from the settings, or you can use more specific alerts for bullish/bearish bias, whether price hit PDH/PDL, etc.
Lastly, while the goal of this indicator was to evaluate the effectiveness of a very specific bias strategy, please understand that past performance does not guarantee future results.
