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스크립트에서 "sessions"에 대해 찾기

Time Frame Color ClassifierTime Frame Colour Classifier A professional Pine Script indicator that provides instant visual identification of trading sessions through intelligent colour-coded backgrounds. Key Features 📅 Daily Session Colours - Monday: Green | Tuesday: Blue | Wednesday: Yellow | Thursday: Red | Friday: Purple 📊 Weekly Classification - Week 1-5 : Colour-coded by week of the month using the same colour scheme ## How It Works Intraday Charts (1min-4H) : Shows daily colours - every candle on Monday displays green background, Tuesday shows blue, etc. Daily/Weekly Charts : Switches to weekly colours - all days in Week 1 show green, Week 2 shows blue, etc. Professional Applications ✅ Multi-Timeframe Analysis : Seamlessly switch between timeframes whilst maintaining visual context ✅ Session Recognition : Instantly identify which trading day you're analysing ✅ Pattern Analysis : Spot recurring patterns on specific days of the week ✅ Strategy Development : Incorporate temporal factors into trading strategies ✅ Performance Attribution : Correlate results with specific trading sessions Customisation Options - Toggle daily/weekly colours on/off - Fully customisable colour schemes - Adjustable background transparency - Optional day labels Technical Details - Pine Script v5for optimal performance - Automatic timeframe detection - no manual configuration required - Minimal resource usage - won't slow down your charts - Works on all chart types and timeframes Perfect For - Day traders switching between multiple timeframes - Swing traders analysing weekly patterns - Algorithmic strategy development - Multi-timeframe market analysis - Trading education and research --- Developed by @wyckoffnawaf Transform your chart analysis with visual timeframe clarity
Pine Script® 인디케이터
WYCKOFFNAWAF의
Navy Seal Trading - EdgarTrader📌 Navy Seal Trading – Asia, London, and NY Sessions This indicator clearly displays the ranges of the Asia, London, and New York sessions, featuring: ✅ Full range visualization for each session ✅ Asia session high, low, and midline, with extended projection lines for precise reaction analysis ✅ Clean, minimalistic, and professional colors to keep your chart focused 🔷 Designed for the Navy Seal Trading community, focused on precision, discipline, and professional execution in the markets. Use it to: ✔️ Mark liquidity zones ✔️ Identify Asia manipulation ranges ✔️ Prepare executions in London and NY with clear context 💡 Remember: Clarity in your zones gives you the confidence and discipline to execute like a true Navy Seal Trader.
Pine Script® 인디케이터
Edgar109811의
Session Range ProjectionsSession Range Projections Purpose & Concept: Session Range Projections is a comprehensive trading tool that identifies and analyzes price ranges during user-defined time periods. The indicator visualizes high-probability reversal zones and profit targets by projecting Fibonacci levels from custom session ranges, making it ideal for traders who focus on time-based market structure analysis. Key Features & Calculations: 1. Custom Time Range Analysis - Define any time period for range calculation - from traditional sessions (Asian, London, NY) to custom periods like opening ranges, hourly ranges, or 4-hour blocks - Automatically captures the highest and lowest prices within your specified timeframe - Supports multiple timezone selections for global market analysis - Flexible enough for intraday scalping ranges or longer-term swing trading setups 2. Premium & Discount Zones - Automatically divides the range into premium (above 50%) and discount (below 50%) zones - Visual differentiation helps identify institutional buying and selling areas - Color-coded boxes clearly mark these critical price zones 3. Optimal Trade Entry (OTE) Zones - Highlights the 79-89% retracement zone in premium territory - Highlights the 11-21% retracement zone in discount territory - These zones represent high-probability reversal areas based on institutional order flow concepts 4. Fibonacci Projections - Projects 11 customizable Fibonacci extension levels from the range extremes - Levels extend both above and below the range for symmetrical analysis - Each level can be individually toggled and color-customized - Default levels include common retracement ratios: -0.5, -1.0, -2.0, -2.33, -2.5, -3.0, -4.0, -4.5, -6.0, -7.0, -8.0 How to Use: Set Your Time Range: Input your desired session start and end times (24-hour format) Select Timezone: Choose the appropriate timezone for your trading session Customize Display: Toggle various visual elements based on your preferences Monitor Price Action: Watch for reactions at projected levels and OTE zones Set Alerts: Configure sweep alerts for when price breaks above/below range extremes Input Parameters Explained: Time Range Settings Range Start/End Hour & Minute: Define your analysis period Time Zone: Ensure accurate session timing across different markets Visual Settings Range Box: Toggle the premium/discount zone visualization Horizontal Lines: Customize high/low line appearance Internal Range Levels: Show/hide equilibrium and OTE zones Labels: Configure text display for key levels Fibonacci Projections: Enable/disable extension levels Display Settings Historical Ranges: Show up to 10 previous session ranges Alert Type: Choose between high sweep, low sweep, or both Trading Applications: Session-Based Trading: Analyze specific market sessions (Asian, London, New York, opening ranges, hourly ranges) Reversal Trading: Identify high-probability reversal zones at OTE levels Breakout/Reversal Trading: Monitor range breaks/reversals with built-in sweep alerts Risk Management: Use Fibonacci projections as profit targets or rejection areas Multi-Timeframe Analysis: Apply to any timeframe for various trading styles Important Notes: This indicator is for educational purposes only and should not be considered financial advice Past performance does not guarantee future results Always use proper risk management when trading The indicator automatically manages historical data to maintain chart performance
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thraxxtrades의
17
4-EMA Signals + MTF Analysis4-EMA Signals + MTF Analysis Indicator: User Guide This indicator is designed for active traders; from scalpers / intra-day traders to swing-traders who simply want an easy to understand, simple, but yet comprehensive and easy-to-understand indicator with a quick overview of initial market momentum and overall market direction to assist the trader in their initial trading. The main feature of this indicator is that It overlays four exponential moving averages (EMAs), and provides a dashboard of real-time trend signals for both buy and sell (long/short) scenarios. Settings Overview MA Period Setup Custom: Set your own EMA periods. Conservative, Aggressive, Fibonacci: Quickly apply preset EMA period combinations for different trading styles. EMA Periods (Custom Setup) Fast EMA: Shortest EMA, reacts quickly to price (default 7). Medium-Short EMA: Intermediate speed (default 25). Medium-Long EMA: Slower, filters out more noise (default 70). Slow EMA: Longest-term trend (default 200). (These settings can be adjusted to suit your individual needs) Main Indicator Features Four EMAs : Plotted in distinct colors (green, yellow, orange, red) for quick trend recognition - this can be altered in colour to your personal preferences. Buy/Sell Signals : Triangles appear below/above bars when EMA crossovers occur, optionally filtered by volume - the volume filter when applied greatly reduces the influx of signals, only giving high-quality signals! Trading Sessions + Backgrounds : A trading session feature has been added: (London, New York, Asia, Sydney) with the choice of a background to indicate each global trading session. Volume Overlay : Volume bars and a blue volume moving average line for context. Dashboard Table (Top Right): Market Direction: Shows the overall EMA alignment (bullish, bearish, weak, consolidating). The initial trend on the 5m, 15m, 1H, and 4H time-frame to give a quick snapshot of overall trend direction. How to Use Trend Identification : -- Use the EMA alignment and dashboard table to quickly see if the market is bullish, bearish, or consolidating. EMA Set-up -- Adjust the EMA settings to your specific requirements, the signals will alter depending on the volatility of the instrument your trading. Signal Confirmation : -- ''Buy'' signals simply appear when the faster EMAs cross above slower EMAs in and ''Sell'' signals simply appear when they cross below. Volume Context : --Use the volume moving average and the optional volume filter to avoid signals during low-activity periods. No Repainting : -- All signals and dashboard readings are calculated using only confirmed, closed bars. What you see in real time is exactly what will appear in your back-test — no repainting or look-ahead bias. Alerts / Notifications Now for the fun part: 1. Enable Buy/Sell Signal Alerts: Get notifications when buy or sell signals occur. 2. For Alerts to function correctly, set the ''condition'' to the indicator itself. 3. Select ''EMA Bearish Cross'' or ''EMA Bullish Cross'' depending whether you want alerts for either buy/sell signals - Or one can simply set alerts for both scenarios. 4. For ''Interval'' set to ''Same as chart'' - So, the time-frame which you'd like to trade on. 5. For ''Trigger'' set to ''Once Per Bar Close''. 6. Save. 7. Wait for a signal to occur! NOTE: Before placing a trade, it's often best to also assess the market conditions at that time also - and not rely solely on the signals, the signals are to assist, and it's often occurred a signal has shown, but a pull-back occurs, and a FVG in discount holds -- it's this FVG holding, accompanied by volume, that's the real entry, possibly. Tip: For the cleanest results, use the indicator during the most active sessions and always check multi-time-frame trend alignment before entering trades. Good Luck! :)
Pine Script® 인디케이터
Troste_1의
ICT Directional FVG Indicator (Buffered SL)This is the first indicator I have ever made, and I am very new to Pine Script. I’ve tried my best to create this as a strategy, but I’m still learning, so please be kind and constructive with your feedback! ICT Directional FVG Indicator (Buffered SL) This indicator is designed for traders who follow ICT (Inner Circle Trader) concepts, focusing on Fair Value Gaps (FVGs), liquidity sweeps, and session-based trading. It automatically detects bullish and bearish FVGs, highlights them on the chart, and identifies liquidity sweep events. The indicator features three customizable Kill Zones (London, New York, and Asia sessions), each with independent toggles and color-coded backgrounds for clear visual separation. Key features: Fair Value Gap Detection: Highlights bullish and bearish FVGs in real time. Liquidity Sweep Alerts: Marks potential liquidity sweep events for both highs and lows. Session Kill Zones: Toggle each Kill Zone (London, New York, Asia) independently; background color changes only in enabled zones. Trade Signal Visualization: Plots entry, stop loss, and take profit levels based on FVG and sweep logic, with a user-defined stop loss buffer. Customizable Display: Easily enable or disable FVGs, sweeps, trade levels, and each Kill Zone to suit your strategy. This tool is ideal for ICT-based traders who want a clear, automated view of FVGs, sweeps, and session activity, with full control over which sessions and signals are displayed.
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mikescott10205의
2
Supply/Demand Zones + Engulfment-based ExecutionSupply/Demand Zones + Engulfment-Based Execution Strategy Overview This strategy combines institutional trading concepts—supply/demand zones and engulfing candle patterns—to generate high-probability long and short trade setups. The system uses aggregated price action to identify potential reversal zones and confirms entries with engulfing candle patterns, ensuring trades are only taken when market structure shows commitment in the direction of the trade. Core Concepts • Supply & Demand Zones: These are automatically detected by analyzing aggregated bullish and bearish candle structures over user-defined intervals. Supply zones are formed after bearish continuation patterns; demand zones appear after bullish continuation patterns. • Engulfing Entries: Once price enters a zone, the strategy waits for a bullish engulfing pattern (in a demand zone) or a bearish engulfing pattern (in a supply zone) before executing a trade. This adds confirmation and reduces false signals. • Risk Management: Stop-loss is placed at the low (for long trades) or high (for short trades) of the engulfed candle. Take-profit can be calculated using a fixed R-multiple (risk-to-reward ratio) or a user-defined target price. Key Features Fully customizable aggregation factor for zone detection Visual zone boxes, entry/SL/TP boxes, and engulfing pattern labels Optional removal of mitigated zones for cleaner charting Configurable trade mode (Long only, Short only, or Both) Support for trading sessions and date filtering Alerts for price entering supply or demand zones How to Use Select Aggregation Factor: Choose how many candles to group together for identifying key zones (e.g., 4x timeframe). Enable Zones: Turn on supply and/or demand zones as needed. Set Execution Parameters: – Choose R-multiple (e.g., 2:1 risk-reward) – Or use a fixed take-profit price Define Trade Time Window: – Set the date and time ranges to restrict execution – Use Start Hour and End Hour to limit trades to specific sessions (e.g., London/New York) Run on Desired Timeframe: Typically used on 15m–4H charts, depending on your strategy and the asset’s volatility. Ideal For • Traders using Smart Money Concepts (SMC) • Those who value high-confluence entries • Intraday to swing traders looking for structure-based automation ⚠️ Important Notes • The strategy requires engulfing confirmation within the zone to enter a position. • This script does not repaint and executes trades on a bar close basis. • Backtest results may vary based on session filters and aggregation factor. © Attribution This strategy was developed by The_Forex_Steward and is licensed under the Mozilla Public License 2.0. You are free to use, modify, and distribute it under the terms of that license.
Pine Script™ 전략
The_Forex_Steward의
X OROverview Designed to plot hourly opening ranges (ORs) on an intraday chart. It primarily serves as a trading tool for assessing market direction and potential trading opportunities by analyzing price action relative to key OHLC (Open, High, Low, Close) levels within each hourly range. The code provided is for each hour sessions from 2:00 AM to 3:00 PM for a complete session-based framework. In addition there is the RTH open range Purpose The core purpose of this indicator is to: ✅ Define each hourly range (based on the session’s opening bar) by recording the high and low of that range. ✅ Extend this range into the following bars for visual reference — serving as dynamic support and resistance zones. ✅ Monitor price action relative to each hourly OR, helping traders evaluate market direction and structure trades using concepts like: Breakouts above/below the OR high/low. Rejections or consolidations within the OR. Continuation or reversal signals tied to each OR. Key Features The script marks the first bar of the session as the OR session start. During this bar, it initializes: Opening price Session high Session low These levels form the initial range. 🔹 Dynamic Range Tracking Throughout the one-minute OR session: The highest and lowest prices are updated in real time, capturing intra-hour volatility. A visual background box is drawn to highlight the OR range on the chart. 🔹 Range Extension The script defines an extended session period after the initial OR (e.g., 2:00 AM-2:45 AM for the 2:00 AM session). During this extension period: The box persists on the chart, providing a contextual zone that traders can use as a dynamic support/resistance area. 🔹 Visual Representation Transparent colored boxes highlight each session’s OR visually on the chart. These boxes help traders easily identify whether price is trading: Inside the OR Breaking above the high (potential bullish continuation) Breaking below the low (potential bearish continuation) Application in Trading 🔍 Trading the Opening Range Breakout Traders often use the OR high and low as breakout triggers. For example: A price break above the OR high may signal bullish momentum. A break below the OR low may signal bearish momentum. ⚖️ Support and Resistance Even if breakouts fail, the OR can act as a pivot zone — offering areas for: Stop placements Target levels Entry confirmations for fade trades or mean reversion strategies. 🕒 Session Awareness By defining each hour’s OR individually (from 2:00 AM to 3:00 PM), traders can: Analyze price behavior within each session. Recognize when liquidity or volatility increases (e.g. around overlapping sessions like London open or New York open). Summary This Pine Script indicator provides a powerful framework for visualizing and trading hourly opening ranges. It enhances intraday analysis by: Structuring price action within hourly boxes. Highlighting key price levels relative to OHLC concepts. Helping traders make more informed decisions by assessing price behavior around these critical ranges.
Pine Script® 인디케이터
KinetiCapital의
Aftershock by Session [SAKANE]■ Background & Motivation In 24/7 markets like crypto, not all participants react simultaneously to major events. Instead, reactions unfold across different regional trading sessions — Asia (APAC), Europe (EU), and the United States (US) — each with its own tempo and sentiment. This indicator is designed to visualize which session drives the market after a key event — capturing the "aftershock" effect that ripples through time zones. ■ Key Features Tracks price return (open → close) for each session: APAC / EU / US Cumulative session returns are calculated and visualized Smoothing options: SMA, EMA, or Ehlers SuperSmoother Optimized for daily charts to highlight structural momentum shifts Toggle visibility of each session independently ■ Why “Aftershock”? Take April 2, 2025 — the day of the “Trump Tariff Opening.” That policy announcement triggered a market-wide response. But: Which session reacted first? Which session truly moved the market? This indicator is named “Aftershock” because it helps you see the ripple effect of such events — when and where momentum followed. ■ How to Use Search for “Aftershock by Session ” on TradingView Add it to your chart (use Daily timeframe) Customize sessions and smoothing options via settings You can also bookmark it for quick access. ■ Insights & Use Cases Detect which session initiated or led market moves after news events Understand geo-temporal dynamics — did the move start in Asia, Europe, or the US? For example, on April 2, 2025, the day Trump’s tariff pivot was announced: You can instantly see which session took the lead — the APAC session hesitated, while the US session drove the trend. This insight becomes visually obvious with the cumulative lines. ■ Unique Value Unlike typical indicators based on raw price action, Aftershock analyzes market movement through a session-based structural lens. It captures where capital actually moved — and when. A tool not just for technical analysis, but for event-driven, macro-aware market reading. ■ Final Thoughts To truly understand market mechanics, we must look beyond candles and trends. Aftershock by Session breaks down the 24-hour cycle into meaningful regional flows, allowing you to track the true drivers behind price momentum. Whether you're trading, researching, or tracking macro catalysts, this tool helps answer the key question: “Who moved the market — and when?”
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amusedMagpie26867의
LANZ Strategy 4.0🔷 LANZ Strategy 4.0 — Trend Impulse Detection with Risk Management LANZ Strategy 4.0 is a multi-indicator trend strategy designed for short to medium-term trading on any asset or timeframe. It combines Parabolic SAR, Supertrend, ADX, and time zone highlighting to detect and confirm trend impulses, while managing entries with dynamic Stop Loss (SL) and Take Profit (TP) levels. 🧠 Core Components: Parabolic SAR: Identifies short-term trend reversals. Supertrend: Highlights trend continuation zones. ADX Filter: Ensures trend strength by filtering entries when ADX exceeds a defined threshold. Impulse Detection Logic: Detects and confirms movement impulses with a counter, only generating trade signals on confirmed sequences. Risk Management: Calculates dynamic SL/TP with a default risk-reward ratio of 1:2, minimum SL of 4 pts, and maximum of 12 pts. 📊 Visual Features: Trend lines from Supertrend and SAR. Colored background zones for different sessions (Asia, NY). Labels and lines for entry, SL, and TP. Movement number labels help visualize impulse progression. Alerts when a new impulse is confirmed. ⚙️ How It Works: The strategy waits for a confirmed impulse (i.e., change in SAR + Supertrend + ADX filter). Once a valid impulse is confirmed: A trade signal (BUY/SELL) is shown. SL and TP levels are calculated and drawn. The script monitors live price to determine if SL or TP is hit. Impulse counter advances to label movement progression. 🔔 Alerts: You will receive an alert each time a new valid impulse is confirmed, indicating a potential trading opportunity. 📝 Notes: Script is intended for discretionary or assisted trading, not automated execution. Works best during active sessions with visible trend direction. You can adjust ATR period, multiplier, SL padding, and impulse thresholds. Credits: Developed by LANZ combines established technical indicators and original impulse-count logic.
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rau_u_lanz의
ETH to RTH Gap DetectorETH to RTH Gap Detector What It Does This indicator identifies and tracks custom-defined gaps that form between Extended Trading Hours (ETH) and Regular Trading Hours (RTH). Unlike traditional gap definitions, this indicator uses a specialized approach - defining up gaps as the space between previous session close high to current session initial balance low, and down gaps as the space from previous session close low to current session initial balance high. Each detected gap is monitored until it's touched by price. Key Features Detects custom-defined ETH-RTH gaps based on previous session close and current session initial balance Automatically identifies both up gaps and down gaps Visualizes gaps with color-coded boxes that extend until touched Tracks when gaps are filled (when price touches the gap area) Offers multiple display options for filled gaps (color change, border only, pattern, or delete) Provides comprehensive statistics including total gaps, up/down ratio, and touched gap percentage Includes customizable alert system for real-time gap filling notifications Features toggle options for dashboard visibility and weekend sessions Uses time-based box coordinates to avoid common TradingView drawing limitations How To Use It Configure Session Times : Set your preferred RTH hours and timezone (default 9:30-16:00 America/New York) Set Initial Balance Period : Adjust the initial balance period (default 30 minutes) for gap detection sensitivity Monitor Gap Formation : The indicator automatically detects gaps between the previous session close and current session IB Watch For Gap Fills : Gaps change appearance or disappear when price touches them, based on your selected style Check Statistics : View the dashboard to see total gaps, directional distribution, and touched percentage Set Alerts : Enable alerts to receive notifications when gaps are filled Settings Guide RTH Settings : Configure the start/end times and timezone for Regular Trading Hours Initial Balance Period : Controls how many minutes after market open to calculate the initial balance (1-240 minutes) Display Settings : Toggle gap boxes, extension behavior, and dashboard visibility Filled Box Style : Choose how filled gaps appear - Filled (color change), Border Only, Pattern, or Delete Color Settings : Customize colors for up gaps, down gaps, and filled gaps Alert Settings : Control when and how alerts are triggered for gap fills Weekend Session Toggle : Option to include or exclude weekend trading sessions Technical Details The indicator uses time-based coordinates (xloc.bar_time) to prevent "bar index too far" errors Gap boxes are intelligently limited to avoid TradingView's 500-bar drawing limitation Box creation and fill detection use proper range intersection logic for accuracy Session detection is handled using TradingView's session string format for reliability Initial balance detection is precisely calculated based on time difference Statistics calculations exclude zero-division scenarios for stability This indicator works best on futures markets with extended and regular trading hours, especially indices (ES, NQ, RTY) and commodities. Performs well on timeframes from 1-minute to 1-hour. What Makes It Different Most gap indicators focus on traditional open-to-previous-close gaps, but this tool offers a specialized definition more relevant to ETH/RTH transitions. By using the initial balance period to define gap edges, it captures meaningful price discrepancies that often provide trading opportunities. The indicator combines sophisticated gap detection logic with clean visualization and comprehensive tracking statistics. The customizable fill styles and integrated alert system make it practical for both chart analysis and active trading scenarios.
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mindyourbuisness의
4
ICT Macro Zone Boxes w/ Individual H/L Tracking v3.1ICT Macro Zones (Grey Box Version This indicator dynamically highlights key intraday time-based macro sessions using a clean, minimalistic grey box overlay, helping traders align with institutional trading cycles. Inspired by ICT (Inner Circle Trader) concepts, it tracks real-time highs and lows for each session and optionally extends the zone box after the session ends — making it a precision tool for intraday setups, order flow analysis, and macro-level liquidity sweeps. ### 🔍 **What It Does** - Plots **six predefined macro sessions** used in Smart Money Concepts: - AM Macro (09:50–10:10) - London Close (10:50–11:10) - Lunch Macro (11:30–13:30) - PM Macro (14:50–15:10) - London SB (03:00–04:00) - PM SB (15:00–16:00) - Each zone: - **Tracks high and low dynamically** throughout the session. - **Draws a consistent grey shaded box** to visualize price boundaries. - **Displays a label** at the first bar of the session (optional). - **Optionally extends** the box to the right after the session closes. ### 🧠 **How It Works** - Uses Pine Script arrays to define each session’s time window, label, and color. - Detects session entry using `time()` within a New York timezone context. - High/Low values are updated per bar inside the session window. - Once a session ends, the box is optionally closed and fixed in place. - All visual zones use a standardized grey tone for clarity and consistency across charts. ### 🛠️ **Settings** - **Shade Zone High→Low:** Enable/disable the grey macro box. - **Extend Box After Session:** Keep the zone visible after it ends. - **Show Entry Label:** Display a label at the start of each session. ### 🎯 **Why This Script is Unique** Unlike basic session markers or colored backgrounds, this tool: - Focuses on **macro moments of liquidity and reversal**, not just open/close times. - Uses **per-session logic** to individually track price behavior inside key time windows. - Supports **real-time high/low tracking and clean zone drawing**, ideal for Smart Money and ICT-style strategies. Perfect — based on your list, here's a **bundle-style description** that not only explains the function of each script but also shows how they **work together** in a Smart Money/ICT workflow. This kind of cross-script explanation is exactly what TradingView wants to see to justify closed-source mashups or interdependent tools. --- 📚 ICT SMC Toolkit — Script Integration Guide This set of advanced Smart Money Concept (SMC) tools is designed for traders who follow ICT-based methodologies, combining liquidity theory, time-based precision, and engineered confluences for high-probability trades. Each indicator is optimized to work both independently and synergistically, forming a comprehensive trading framework. --- First FVG Custom Time Range **Purpose:** Plots the **first Fair Value Gap (FVG)** that appears within a defined session (e.g., NY Kill Zone, Custom range). Includes optional retest alerts. **Best Used With:** - Use with **ICT Macro Zones (Grey Box Version)** to isolate FVGs during high-probability times like AM Macro or PM SB. - Combine with **Liquidity Levels** to assess whether FVGs form near swing points or liquidity voids. --- ICT SMC Liquidity Grabs and OB s **Purpose:** Detects **liquidity grabs** (stop hunts above/below swing highs/lows) and **bullish/bearish order blocks**. Includes optional Fibonacci OTE levels for sniper entries. **Best Used With:** - Use with **ICT Turtle Soup (Reversal)** for confirmation after a liquidity grab. - Combine with **Macro Zones** to catch order blocks forming inside timed macro windows. - Match with **Smart Swing Levels** to confirm structure breaks before entry. ICT SMC Liquidity Levels (Smart Swing Lows) **Purpose:** Automatically marks swing highs/lows based on user-defined lookbacks. Tracks whether those levels have been breached or respected. **Best Used With:** - Combine with **Turtle Soup** to detect if a swing level was swept, then reversed. - Use with **Liquidity Grabs** to confirm a grab occurred at a meaningful structural point. - Align with **Macro Zones** to understand when liquidity events occur within macro session timing. ICT Turtle Soup (Liquidity Reversal) **Purpose:** Implements the classic ICT Turtle Soup model. Looks for swing failure and quick reversals after a liquidity sweep — ideal for catching traps. Best Used With: - Confirm with **Liquidity Grabs + OBs** to identify institutional activity at the reversal point. - Use **Liquidity Levels** to ensure the reversal is happening at valid previous swing highs/lows. - Amplify probability when pattern appears during **Macro Zones** or near the **First FVG**. ICT Turtle Soup Ultimate V2 **Purpose:** An enhanced, multi-layer version of the Turtle Soup setup that includes built-in liquidity checks, OTE levels, structure validation, and customizable visual output. **Best Used With:** - Use as an **entry signal generator** when other indicators (e.g., OBs, liquidity grabs) are aligned. - Pair with **Macro Zones** for high-precision timing. - Combine with **First FVG** to anticipate price rebalancing before explosive moves. --- ## 🧠 Workflow Example: 1. **Start with Macro Zones** to focus only on institutional trading windows. 2. Look for **Liquidity Grabs or Swing Sweeps** around key highs/lows. 3. Check for a **Turtle Soup Reversal** or **Order Block Reaction** near that level. 4. Confirm confluence with a **Fair Value Gap**. 5. Execute using the **OTE level** from the Liquidity Grabs + OB script. --- Let me know which script you want to publish first — I’ll tailor its **individual TradingView description** and flag its ideal **“Best Used With” partners** to help users see the value in your ecosystem.
Pine Script® 인디케이터
MrWoof888의
Market Session Boxes with Volume Delta [algo_aakash]This script highlights four key forex trading sessions — Tokyo, London, New York, and Sydney — by drawing color-coded boxes directly on the chart. For each session, it shows: High and low of the session Total volume traded Volume delta (bullish vs bearish pressure) Optional extension of session highs/lows into future candles Cleanly labeled time range and stats Users can: Select which sessions to display Customize session times (in UTC+0) Choose colors per session Toggle session labels and extension lines Use Case: Designed to help intraday and short-term traders visualize market rhythm, liquidity zones, and session-based volatility. The volume delta metric adds an extra layer of sentiment analysis. This tool works best on intraday timeframes like 15m, 30m, or 1H. Disclaimer: This indicator is for educational and visual analysis purposes. It does not constitute trading advice or guarantee results. Always conduct your own analysis before making trading decisions.
Pine Script® 인디케이터
algo_aakash의
2
Custom Time Range Boxes + Fibs + ExtensionThis script draws two customizable time-range boxes per day, helping traders visualize key market sessions or activity windows. Each box is defined by start and end times that can be adjusted in the settings. You can also choose a custom color and extend the visual width of the box independently from the actual session time. Within each box, the indicator plots three Fibonacci levels: 0.3, 0.5, and 0.7. These levels are useful for identifying potential support, resistance, or retracement zones inside the session range. The script supports two separate time blocks, allowing you to track sessions like the New York Open and Power Hour simultaneously. All lines and boxes are drawn using bar_index for precision and control. The levels and box colors match for visual consistency. Perfect for intraday traders who want to track price behavior around key times. Clean, minimal, and performance-friendly — this tool adds clarity to your session-based strategy.
Pine Script® 인디케이터
Macketing1337의
1
Bull Bear Pivot by RawstocksThe "Bull Bear Pivot" indicator is a custom Pine Script (v5) tool designed for TradingView to assist traders in identifying key price levels and pivot points on intraday charts (up to 1-hour timeframes). It combines time-based open price markers, pivot high/low detection, and candlestick visualization to provide a comprehensive view of potential support, resistance, and trend reversal levels. Below is a detailed description of the indicator’s functionality, features, and intended use. Indicator Overview: The "Bull Bear Pivot" indicator is tailored for intraday trading, focusing on specific times of the day to mark significant price levels (open prices) and detect pivot points. It plots horizontal lines at the open prices of user-defined sessions, identifies pivot highs and lows on the current chart timeframe, and overlays custom candlesticks to highlight price action. The indicator is designed to work on timeframes of 1 hour or less (e.g., 1-minute, 3-minute, 5-minute, 15-minute, 30-minute, 60-minute) and includes a warning mechanism for invalid timeframes. Key Features: Time-Based Open Price Markers: The indicator allows users to define up to five time-based sessions (e.g., 4:00 AM, 8:30 AM, 9:30 AM, 10:00 AM, and a custom time) to capture the open price at the start of each session. For each session, it plots a horizontal line at the 1-minute open price, extending from the session start to the market close at 4:00 PM EST. Each line is accompanied by a label positioned 5 bars to the right of the market close (4:00 PM EST), with the text right-aligned and vertically centered on the line. Users can enable/disable each marker, customize the session time, label text, line color, and text color via the indicator’s settings. Pivot Highs and Lows: The indicator calculates pivot highs and lows on the current chart timeframe using the ta.pivothigh and ta.pivotlow functions. Pivot highs are marked with green triangles above the bars, and pivot lows are marked with red triangles below the bars. The pivot period (lookback/lookforward) is user-configurable, allowing flexibility in detecting short-term or longer-term reversals. Custom Candlesticks: The indicator overlays custom candlesticks on the chart, colored green for bullish candles (close > open) and red for bearish candles (close < open). This feature helps visualize price action alongside the open price markers and pivot points. Timeframe Restriction: The indicator is designed to work on timeframes of 1 hour or less. If the chart timeframe exceeds 1 hour (e.g., 4-hour, daily), a warning label ("Timeframe > 1H\nIndicator Disabled") is displayed, and no elements are plotted. Customizable Appearance: Users can customize the appearance of the open price marker lines, including the line style (solid, dashed, dotted) and line width. Labels for the open price markers have no background (transparent) and use customizable text colors.
Pine Script® 인디케이터
Rawstocks의
Highlight Time of InterestEST Time Period Background Indicator This TradingView indicator visually highlights up to four custom-defined time periods on your chart using distinct background colors. Key Features: Custom Time Periods: Define up to four separate time intervals with individual start and end times, perfect for emphasizing key trading sessions or events. Automatic Time zone Conversion: Automatically calculates the offset between the broker’s time zone and New York time (EST) so that your periods are correctly aligned with the Eastern market hours. Visual Clarity:*Each period can be assigned a unique background color, providing clear visual cues directly on your chart for easier analysis and decision-making. This indicator is ideal for traders who need a clear, automated visual reference for specific trading sessions or periods, streamlining the analysis process by highlighting critical timeframes directly on the chart.
Pine Script® 인디케이터
amirhf1의
TR Buy/Sell Signal PanelI scripted this with chatgpt have fun guys 📊 TR Buy/Sell Signal Panel – Smart Trade Signals with Visual Clarity The TR Buy/Sell Signal Panel is a standalone indicator inspired by the powerful Traders Reality (TR) methodology. It detects potential long and short trade setups using classic market behavior patterns such as volume spikes, EMA crossovers, and session-based timing – all visualized cleanly and statically on your chart. ✅ Key Features Buy Signals (LONG): Green PVSRA candle (strong bullish candle with momentum) EMA13 crossing above EMA50 Volume spike (current volume exceeds 20-period average × multiplier) Triggered only during London or New York trading sessions (UTC) Sell Signals (SHORT): Red PVSRA candle (strong bearish move) EMA13 crossing below EMA50 Volume spike Also restricted to active session times 📌 Visual Components Green/Red arrows on the chart indicate Buy/Sell entries A static info panel in the bottom-right corner displays all signal conditions: PVSRA active ✅ Volume Spike ✅ EMA Crossover ✅ Session Time ✅ Last Signal: 🟢 BUY / 🔴 SELL Current Direction: 🟢 LONG / 🔴 SHORT / ❌ NONE ⚙️ Fully Customizable Adjustable volume spike multiplier Optional toggle for showing/hiding short signals Extremely user-friendly layout – ideal for both beginners & experienced traders 📦 Best For: Scalpers & Intraday Traders Traders who follow the Traders Reality / Market Maker Method Anyone who values clean, rule-based trade entries Note: Works across all timeframes with sufficient volume (e.g., 5min – 4hr). Sessions are based on UTC time – adjust if needed based on your timezone or trading hours.
Pine Script® 인디케이터
Maiko_wilharm의
1
Daily separator, Open, HTF candlesScript Overview This TradingView script is designed to enhance market structure analysis by providing a clear visual representation of key trading elements. It integrates multiple technical features that help traders assess price action, trend direction, and potential trade setups efficiently. Main Features & Functionality 1. Daily Separator • A vertical line is plotted to clearly mark the start of each trading day. • Helps traders visually differentiate daily sessions, making it easier to analyze price action over different periods. 2. Exponential Moving Average (EMA) with EMA Continuity Table • The script calculates an EMA of choice and displays whether the price is above or below it across five customizable timeframes. • Use Case: • Identifies if the price is in a retracement or a trend continuation phase. • Helps determine trend strength—if price is consistently above the EMA across multiple timeframes, the trend is bullish; if below, it’s bearish. • Aids in making trading decisions such as whether to go long or short. 3. Higher Timeframe (HTF) Candles • Plots candles from a higher timeframe (HTF) onto the current chart. • Use Case: • Provides a macro view of price action while trading on a lower timeframe. • Helps traders see if the price is interacting with HTF support/resistance levels. • Useful for confirming entries/exits based on the HTF trend. 4. Opening Line • Draws a daily opening price level, allowing traders to track price movement relative to the open. • Use Case: • Useful for intraday traders who analyze whether price is holding above or below the daily open. • Helps in identifying key price behaviors, such as breakouts, fakeouts, or potential reversals. Additional Considerations • Customization: The script allows traders to adjust key parameters such as the EMA length, timeframes for EMA continuity, and HTF candle settings. • Market Structure & Decision Making: By combining EMAs, HTF analysis, and the daily open, the script assists traders in determining whether price action aligns with their trade thesis. • Potential Enhancements: • Adding alerts for EMA crossovers or when price crosses the daily open. • Incorporating color coding for the EMA table to improve readability. Use Case Summary This script is particularly beneficial for trend-following traders, intraday traders, and swing traders who want to: 1. Confirm market direction with EMA-based trend analysis. 2. Monitor HTF price action while trading on lower timeframes. 3. Track intraday price movement relative to the daily open. 4. Differentiate trading sessions for better structure analysis.
Pine Script® 인디케이터
Emoprince의
Time-based Alerts for Trading Windows🌟 Time-based Alerts for Trading Windows 🌐📈 This is a re-uploaded script as the previous one got hidden. This Time-based Alerts for Trading Windows script is a highly customizable and reliable tool designed to assist traders in managing automated strategies or manually monitoring specific market conditions. Inspired by CrossTrade's Time-based Alert, this script is tailored for those who rely on precise time windows to trigger actions, such as sending webhook signals or managing Expert Advisors (EAs). Whether you are a scalper, day trader, or algorithmic trader, this script empowers you to stay on top of your trades with fully customizable time-based alerts. 🛠️ Customizable Time Alerts This indicator allows you to create up to 12 unique time windows by specifying the exact hour and minute for each alert. Each time window corresponds to an individual alert condition, making it perfect for managing trades during specific market sessions or key time periods. For example: Alert 1 can be set at 9:30 AM (market open). Alert 2 can be set at 3:55 PM (just before market close). Each alert can be toggled on or off in the indicator settings, allowing you to manage alerts without having to reconfigure your script. You can adjust the colours to fit any colour scheme you like! 🕒 Odd and Even Time Alerts The script comes with three built-in alert type categories: Odd Alerts (marked with a green triangle on the chart): These correspond to odd-numbered inputs like Alert 1, Alert 3, Alert 5, and so on. Even Alerts (marked with a red triangle on the chart): These correspond to even-numbered inputs like Alert 2, Alert 4, Alert 6, and so on. You can also customize all 12 alerts individually to include a custom alert message These alerts serve as a convenient way to differentiate between multiple trading strategies or market conditions. You can customize alert messages for odd and even alerts directly from TradingView’s alert panel. 🔗 Webhook Integration for Automation This script is fully compatible with webhook-based automation. By configuring your alerts in TradingView, you can send signals to trading bots, EAs, or any third-party system. For example, you can: Turn off an EA at a specific time (e.g., 3:55 PM EST). Send buy/sell signals to your bot during predefined trading windows. Simply use TradingView’s alert message editor to format webhook payloads for your automation system. 🌐 Timezone Flexibility Trading happens across multiple time zones, and this script accounts for that. You can toggle between: Eastern Time (New York): Ideal for most US-based markets. Central Time (Exchange): Useful for futures and commodities traders. This ensures your alerts are always in sync with your preferred time zone, eliminating confusion. 🎨 Visual Indicators The script plots visual markers directly on your chart to indicate active alerts: Up Facing Triangles: Represent odd-numbered alerts, providing a quick reference for these time windows. Down Facing Triangles: Represent even-numbered alerts, helping you track different strategies or conditions. These visual markers make it easy to see when alerts are triggered, even at a glance. 📈 Practical Use Case Let’s say you’re trading the USTEC index on a 1-minute chart. You want to: Turn off your trading bot at 16:55 EST to avoid after-market volatility. Trigger a re-entry signal at 17:30 EST to capture moves during the Asian session. Visually monitor these actions on your chart for easy reference. This script makes it possible with precision alerts and webhook integration. Simply configure the time windows in the settings and set up your alerts in TradingView. 🚨 How to Set Up Alerts Enable or Disable Alerts: Use the script’s settings to toggle specific alerts on or off as needed. Set Custom Time Windows: Define the hour and minute for each alert in the settings panel. Create Alerts in TradingView: Go to the TradingView alert panel. Select the condition (e.g., "Odd Time-based Alert (Green)" or "Even Time-based Alert (Red)"). Customize the alert message for webhook integration or personal notification. Choose the trigger type: Once Per Bar or Once Per Bar Close to keep the alert active. Integrate with Webhooks: Use the alert message field to format payloads for automation systems like MT4, MT5, or third-party bots. 📋 Key Notes Alerts can trigger indefinitely if set to "Once Per Bar" or "Once Per Bar Close". Always ensure the expiration date is set far in the future to avoid unexpected alert deactivation. Test webhook messages and alert configurations thoroughly before using them in live trading. This script is a powerful addition to your trading toolbox, offering precision, flexibility, and automation capabilities. Whether you’re turning off an EA, managing trades during market sessions, or automating strategies via webhooks, this script is here to support you. Start using the Time-based Alerts for Trading Windows today and trade with confidence! 🚀✨
Pine Script® 인디케이터
xhmxdir의
2
BTIC Range MidpointsThis code analyzes and displays price ranges from 15:15-15:44 ET, the Basis Trade at Index Close session. It draws horizontal lines showing: The high of each session The low of each session The midpoint (50%) of each session Connections between different session ranges (50% points between highs and lows) Key features include: Works only on 15-minute timeframes or lower Stores up to 20 days of historical sessions (configurable) Filters out ranges too far from current price Color-codes different session ranges Provides customizable line styles and colors Labels each range with identifiers The indicator essentially helps traders identify important price levels from BTIC sessions, which could serve as potential support/resistance areas for future price action.
Pine Script® 인디케이터
Fractaldactyl의
Twitter Model ICT [TradingFinder] MMXM ERL D + FVG + M15 MSS/SMT🔵 Introduction The Twitter Model ICT is a trading approach based on ICT (Inner Circle Trader) models, focusing on price movement between external and internal liquidity in lower timeframes. This model integrates key concepts such as Market Structure Shift (MSS), Smart Money Technique (SMT) divergence, and CISD level break to identify precise entry points in the market. The primary goal of this model is to determine key liquidity levels, such as the previous day’s high and low (PDH/PDL) and align them with the Fair Value Gap (FVG) in the 1-hour timeframe. The overall strategy involves framing trades around the 1H FVG and using the M15 Market Structure Shift (MSS) for entry confirmation. The Twitter Model ICT is designed to utilize external liquidity levels, such as PDH/PDL, as key entry zones. The model identifies FVG in the 1-hour timeframe, which acts as a magnet for price movement. Additionally, traders confirm entries using M15 Market Structure Shift (MSS) and SMT divergence. Bullish Twitter Model : In a bullish setup, the price sweeps the previous day’s low (PDL), and after confirming reversal signals, buys are executed in internal liquidity zones. Conversely, in a bearish setup, the price sweeps the previous day’s high (PDH), and after confirming weakness signals, sells are executed. Bearish Twitter Model : In short setups, entries are only executed above the Midnight Open, while in long setups, entries are taken below the Midnight Open. Adhering to these principles allows traders to define precise entry and exit points and analyze price movement with greater accuracy based on liquidity and market structure. 🔵 How to Use The Twitter Model ICT is a liquidity-based trading strategy that analyzes price movements relative to the previous day’s high and low (PDH/PDL) and Fair Value Gap (FVG). This model is applicable in both bullish and bearish directions and utilizes the 1-hour (1H) and 15-minute (M15) timeframes for entry confirmation. The price first sweeps an external liquidity level (PDH or PDL) and then provides an entry opportunity based on Market Structure Shift (MSS) and SMT divergence. Additionally, the entry should be positioned relative to the Midnight Open, meaning long entries should occur below the Midnight Open and short entries above it. 🟣 Bullish Twitter Model In a bullish setup, the price first sweeps the previous day’s low (PDL) and reaches an external liquidity level. Then, in the 1-hour timeframe (1H), a bullish Fair Value Gap (FVG) forms, which serves as the price target. To confirm the entry, a Market Structure Shift (MSS) in the 15-minute timeframe (M15) should be observed, signaling a trend reversal to the upside. Additionally, SMT divergence with correlated assets can indicate weakness in selling pressure. Under these conditions, a long position is taken below the Midnight Open, with a stop-loss placed at the lowest point of the recent bearish move. The price target for this trade is the FVG in the 1-hour timeframe. 🟣 Bearish Twitter Model In a bearish setup, the price first sweeps the previous day’s high (PDH) and reaches an external liquidity level. Then, in the 1-hour timeframe (1H), a bearish Fair Value Gap (FVG) is identified, serving as the trade target. To confirm entry, a Market Structure Shift (MSS) in the 15-minute timeframe (M15) should form, signaling a trend shift to the downside. If an SMT divergence is present, it can provide additional confirmation for the trade. Once these conditions are met, a short position is taken above the Midnight Open, with a stop-loss placed at the highest level of the recent bullish move. The trade's price target is the FVG in the 1-hour timeframe. 🔵 Settings Bar Back Check : Determining the return of candles to identify the CISD level. CISD Level Validity : CISD level validity period based on the number of candles. Daily Position : Determines whether only the first signal of the day is considered or if signals are evaluated throughout the entire day. Session : Specifies in which trading sessions the indicator will be active. Second Symbol : This setting allows you to select another asset for comparison with the primary asset. By default, "XAUUSD" (Gold) is set as the second symbol, but you can change it to any currency pair, stock, or cryptocurrency. For example, you can choose currency pairs like EUR/USD or GBP/USD to identify divergences between these two assets. Divergence Fractal Periods : This parameter defines the number of past candles to consider when identifying divergences. The default value is 2, but you can change it to suit your preferences. This setting allows you to detect divergences more accurately by selecting a greater number of candles. The indicator allows displaying sessions based on various time zones. The user can select one of the following options : UTC (Coordinated Universal Time) Local Time of the Session User’s Local Time Show Open Price : Displays the New York market opening price. Show PDH / PDL : Displays the previous day’s high and low to identify potential entry points. Show SMT Divergence : Displays lines and labels for bullish ("+SMT") and bearish ("-SMT") divergences. 🔵 Conclusion The Twitter Model ICT is an effective approach for analyzing and executing trades in financial markets, utilizing a combination of liquidity principles, market structure, and SMT confirmations to identify optimal entry and exit points. By analyzing the previous day’s high and low (PDH/PDL), Fair Value Gaps (FVG), and Market Structure Shift (MSS) in the 1H and M15 timeframes, traders can pinpoint liquidity-driven trade opportunities. Additionally, considering the Midnight Open level helps traders avoid random entries and ensures better trade placement. By applying this model, traders can interpret market movements based on liquidity flow and structural changes, allowing them to fine-tune their trading decisions with higher precision. Ultimately, the Twitter Model ICT provides a structured and logical approach for traders who seek to trade based on liquidity behavior and trend shifts in the market.
Pine Script® 인디케이터
TFlab의
5
Volume profile [Signals] - By Leviathan [Mindyourbuisness]Market Sessions and Volume Profile with Sweep Signals - Based on Leviathan's Volume Profile This indicator is an enhanced version of Leviathan's Volume Profile indicator, adding session-based value area analysis and sweep detection signals. It combines volume profile analysis with market structure concepts to identify potential reversal opportunities. Features - Session-based volume profiles (Daily, Weekly, Monthly, Quarterly, Yearly) - Forex sessions support (Tokyo, London, New York) - Value Area analysis with POC, VAH, and VAL levels - Extended level visualization for the last completed session - Sweep detection signals for key value area levels Sweep Signals Explanation The indicator detects two types of sweeps at VAH, VAL, and POC levels: Bearish Sweeps (Red Triangle Down) Conditions: - Price makes a high above the level (VAH/VAL/POC) - Closes below the level - Closes below the previous candle's low - Previous candle must be bullish Trading Implication: Suggests a failed breakout and potential reversal to the downside. These sweeps often indicate stop-loss hunting above key levels followed by institutional selling. Bullish Sweeps (Green Triangle Up) Conditions: - Price makes a low below the level (VAH/VAL/POC) - Closes above the level - Closes above the previous candle's high - Previous candle must be bearish Trading Implication: Suggests a failed breakdown and potential reversal to the upside. These sweeps often indicate stop-loss hunting below key levels followed by institutional buying. Trading Guidelines 1. Use sweep signals in conjunction with the overall trend 2. Look for additional confirmation like: - Volume surge during the sweep - Price action patterns - Support/resistance levels 3. Consider the session's volatility and time of day 4. More reliable signals often occur at VAH and VAL levels 5. POC sweeps might indicate stronger reversals due to their significance as fair value levels Notes - The indicator works best on higher timeframes (1H and above) - Sweep signals are more reliable during active market hours - Consider using multiple timeframe analysis for better confirmation - Past performance is not indicative of future results Credits: Original Volume Profile indicator by Leviathan
Pine Script® 인디케이터
mindyourbuisness의
3
Daily Asian RangeDaily Asian Range Indicator This indicator is an enhanced version inspired by @toodegrees' "ICT Friday's Asian Range" indicator. While maintaining the core concepts, this version expands functionality for daily analysis and adds comprehensive customization options. ### Overview The Asian Range indicator identifies and visualizes potential liquidity areas based on price action during the Asian session (8:00 PM - 12:00 AM ET). It plots both body and wick ranges along with multiple standard deviation levels that can serve as potential price targets or areas of interest. ### Features - Flexible Display Options - Choose between Body, Wick, or Both for range boxes and deviation lines - Customizable colors, styles, and borders for all visual elements - Historical sessions display (0-20 previous sessions) - Advanced Standard Deviation Levels - Multiple deviation multipliers (1.0, 1.5, 2.0, 2.3, 3.5) - Separate visualization for body and wick-based deviations - Clear labeling system for easy identification - Precise Time Management - Asian session: 8:00 PM - 12:00 AM ET - Deviation lines extend through the following trading day - Proper timezone handling for accuracy ### Usage - Works on timeframes from 1 to 15 minutes - Use the range boxes to identify key price levels from the Asian session - Standard deviation levels can serve as potential targets or areas of interest - Combine with other indicators for enhanced analysis ### Credits Original concept and base implementation by @toodegrees Enhanced and expanded by @Omarqqq ### Disclaimer This indicator is for educational and informational purposes only. Always conduct your own analysis and use proper risk management.
Pine Script® 인디케이터
Omarqqq의
7
Volume EquilibriumThe intent behind this indicator is to provide comprehensive information relating to volume compared to multiple timeframes. This indicator allows one to see what the market 'theoretically' sees as 'fair-value' whilst also allowing one to gauge where the price of a stock is headed. Volume Equilibrium The main indicator finds the difference between buying volume and selling volume, under the basic presumption that more buying volume indicates greater bullish sentiment and vice versa. Buying Volume = volume when close price is higher than open price. Selling Volume = volume when close price is lower than open price. Volume Balance = Cumulative Buying Volume − Cumulative Selling Volume Volume Balance is then expressed as a percentage by dividing by total volume This indicator is composed of three different lengths of the same indicator. Short, Mid, and Long term representations of Volume Equilibrium. The difference between the mid and long term are highlighted so to make it easy to see where volume is going relative to a longer time frame. HOW TO USE: At 0 ---> Equilibrium ---> Equal Buying/Selling Volume Above 0 ---> More buying Volume Below 0 ---> More selling Volume Using theory, it is assumed that the price is at a 'fair-value' when the buying/selling volume is at 0. This is of course relative to the respective timeframe of your choosing. More weight given to larger timeframes. Volume Histogram It is a basic volume chart that represents the total volume though has highlighted bars so to indicate buying(green) and selling(red) volume. This allows one to see what the indicator is based off of. Open-Close Oscillator(not needed) Calculates the average open-close for a selected timeframe and then provides the current closing price relative to that average open-close. Very simply put, values below 0 indicate bearish and values above 0 generally indicate bullishness. This indicator is for a quick reference of price action relative to volume. Another way to use this indicator, though unique, is to analyze the separate open-close lines themselves. Using the open-close bands, bullishness is defined as increasing closing prices and bearish as decreasing closing prices. So, in regard to this indicator, bear sessions can be indicated by the opening line being below the closing line and bull sessions as the opening line being above. Use the 'flip' of these lines to your advantage, they are very helpful at capturing long continuous sentiment. This indicator is composed of great information though I still think it best to use many different indicators to help you with your trades. NOTE: Be aware of what we are trying to analyze, Volume. This means that one should also look out for divergences to capture early indications of reversals. This indicator can be leveraged greatly.
Pine Script® 인디케이터
ddcakez의
1