5MA + TrendMagic + Disparity Scalping + Volume Spikes5MA + Trend Magic + Disparity Scalping + Volume Spikes
This indicator is a multi-layer scalping and intraday framework designed to combine trend context, volatility expansion, mean-reversion opportunities, and volume-based turning points into a single chart.
It is especially effective for fast markets such as GOLD (XAUUSD) and lower timeframes.
Key Components
1. 5 Moving Average Structure
EMA 9 / 20 / 50 / 100 / 200
Provides instant trend direction, compression, and dynamic support/resistance
Useful for filtering scalp signals in trend vs range conditions
2. Trend Magic (CCI + ATR Based)
Modified Trend Magic line using CCI direction and ATR trailing logic
Clearly defines bullish / bearish bias
Acts as a trend filter to avoid counter-trend scalps during strong moves
3. Ultra Fast Disparity Scalper
Detects short-term overextension from EMA9 and EMA20
Uses:
Price–EMA disparity
RSI overbought / oversold
RVI momentum prediction
Designed for quick mean-reversion scalps, not trend entries
Includes a simple overheating filter that grays out signals during extreme conditions
4. GOLD Volatility Expansion Detector
Specialized logic for explosive moves using:
ATR expansion
Bollinger Band breakouts
Historical Volatility vs Realized Volatility divergence
Generates signals only when volatility regime shifts, not during noise
Ideal for catching impulsive breakout phases
5. Volume Spike Reversal Signals
Detects abnormal volume spikes relative to volume SMA
Optional filters:
Valid swing high / low only
Hammer / Shooting Star candles
Same candle color confirmation
Session-based filtering
Designed to highlight potential exhaustion and reaction points
Signals are plotted on the previous bar for accuracy
How to Use
Use EMA structure + Trend Magic to define market context
Take Disparity Scalping signals only when price is stretched and momentum weakens
Use Volume Spikes to confirm exhaustion or reaction zones
Use GOLD volatility signals to stay with expansion moves, not fade them
This indicator is not a single-entry system, but a decision-support tool that helps align trend, momentum, volatility, and volume for high-probability intraday trading.5MA + Trend Magic + Disparity Scalping + Volume Spikes
This indicator is a multi-layer scalping and intraday framework designed to combine trend context, volatility expansion, mean-reversion opportunities, and volume-based turning points into a single chart.
It is especially effective for fast markets such as GOLD (XAUUSD) and lower timeframes.
Key Components
1. 5 Moving Average Structure
EMA 9 / 20 / 50 / 100 / 200
Provides instant trend direction, compression, and dynamic support/resistance
Useful for filtering scalp signals in trend vs range conditions
2. Trend Magic (CCI + ATR Based)
Modified Trend Magic line using CCI direction and ATR trailing logic
Clearly defines bullish / bearish bias
Acts as a trend filter to avoid counter-trend scalps during strong moves
3. Ultra Fast Disparity Scalper
Detects short-term overextension from EMA9 and EMA20
Uses:
Price–EMA disparity
RSI overbought / oversold
RVI momentum prediction
Designed for quick mean-reversion scalps, not trend entries
Includes a simple overheating filter that grays out signals during extreme conditions
4. GOLD Volatility Expansion Detector
Specialized logic for explosive moves using:
ATR expansion
Bollinger Band breakouts
Historical Volatility vs Realized Volatility divergence
Generates signals only when volatility regime shifts, not during noise
Ideal for catching impulsive breakout phases
5. Volume Spike Reversal Signals
Detects abnormal volume spikes relative to volume SMA
Optional filters:
Valid swing high / low only
Hammer / Shooting Star candles
Same candle color confirmation
Session-based filtering
Designed to highlight potential exhaustion and reaction points
Signals are plotted on the previous bar for accuracy
How to Use
Use EMA structure + Trend Magic to define market context
Take Disparity Scalping signals only when price is stretched and momentum weakens
Use Volume Spikes to confirm exhaustion or reaction zones
Use GOLD volatility signals to stay with expansion moves, not fade them
This indicator is not a single-entry system, but a decision-support tool that helps align trend, momentum, volatility, and volume for high-probability intraday trading.
볼륨
Anchored PVI + NVIAnchored PVI + NVI is a single-pane indicator that allows the Positive Volume Index (PVI) and Negative Volume Index (NVI) to be plotted together using a period-anchored approach. Crucially, the EMAs for each series are included and remain analytically valid under the anchoring process.
PVI and NVI are cumulative, path dependent indicators. Over long histories, their absolute values become arbitrary and often incomparable when plotted side-by-side . This script addresses that limitation by anchoring each indicator to a user-defined period (daily, weekly, monthly, etc.) and plotting their relative change from that baseline rather than their raw values.
The result is a clean, comparable view that preserves each indicator’s internal structure (trends, inflections, divergences, and EMA relationships) while minimizing scale conflicts.
**What Are PVI and NVI? (Quick Explanation)**
PVI and NVI separate price behavior based on changes in participation, not raw volume flow.
- Positive Volume Index (PVI) updates only on bars where volume increases relative to the prior bar. It tracks price movement during expanding participation, often associated with broad market involvement.
- Negative Volume Index (NVI) updates only on bars where volume decreases relative to the prior bar. It tracks price movement during contracting participation, often associated with quieter or more selective activity.
Both indicators accumulate percentage price changes, but only under their respective volume conditions. Rather than asking “Is volume high or low?” , they ask:
"How does price behave when participation expands versus when it contracts?"
More detailed guidance and interpretation can be found further down the publication description for users unfamiliar with the practical uses of PVI and NVI.
**How The Script Works**
At the start of each selected anchor period, the script records the current PVI and NVI values as baselines. All subsequent values within that period are plotted as changes relative to those baselines:
- Percent mode plots the percentage change from the baseline.
- Absolute mode plots the absolute change from the baseline.
This is not normalization or rescaling. The time-based shape of each series is preserved within the anchor window.
The EMAs are calculated on the original, full-history PVI and NVI series, then transformed using the same anchored reference frame. This faithfully preserves relative positioning between each index and its EMA, EMA slope behavior, and EMA crossover timing.
Optional anchor markers and a zero line help visualize resets and behavior relative to the period’s starting point.
**Advantages vs Using PVI and NVI Separately**
- Faster visual assessment: Participation-conditioned price behavior can be evaluated at a glance without mentally reconciling separate scales or panes.
- Potential for Extended Interpretation: A shared baseline introduces a form of relative comparability that does not exist when the indicators are plotted independently.
- Cleaner workflow: One indicator, one pane, and less chart clutter.
**Conventional Interpretation and Guidance**
Anchored PVI and NVI should be interpreted relative to the zero line, their own EMAs, and each other, always within the context of the current anchor period - NOT across periods.
Values above zero indicate net positive price movement since the anchor began under the indicator’s respective volume condition. Values below zero indicate net negative movement. Because PVI and NVI update under different participation regimes, their behavior provides complementary context rather than redundant confirmation.
When PVI is rising, price progress within the period is occurring primarily during higher-participation sessions. This suggests that movement is being supported by expanding activity. Weakness or flattening in PVI indicates that price is losing traction during high-volume conditions.
When NVI is rising, price persistence is occurring during quieter sessions as participation contracts. This often reflects continuation or structural stability that does not rely on broad engagement. Weakness in NVI indicates that price struggles to hold together as activity declines.
Comparing the two provides insight into participation balance.
- Both rising: broad support across participation regimes
- PVI rising while NVI lags: movement concentrated in higher-participation sessions
- NVI rising while PVI lags: price persistence despite reduced participation
Each index is most commonly interpreted relative to its own 255-period EMA. Holding above the EMA suggests strengthening behavior within that participation regime, while sustained movement below the EMA indicates weakening momentum or transition. NVI in particular is often interpreted such that above-EMA behavior is supportive and below-EMA behavior is cautionary.
Divergence between price and PVI or NVI can highlight changes in participation dynamics that may not yet be reflected in price alone. Divergence between PVI and NVI themselves highlights shifts in how price behaves under expanding versus contracting participation.
These relationships are best used as contextual confirmation rather than as standalone trading signals.
**Extended Interpretation (Exploratory)**
This section is exploratory and should not be interpreted as conventional or widely-accepted guidance.
Anchoring PVI and NVI to a shared baseline introduces a form of relative comparability that does not exist when the indicators are plotted independently.
Within a single anchor period, both PVI and NVI are now expressed as relative change from a common reference point. This makes it possible to observe how the two series interact directly in time.
Index Crossovers (PVI vs. NVI)
Crossovers between anchored PVI and anchored NVI may be interpreted as shifts in dominance between participation regimes within the anchor period.
- PVI crossing above NVI suggests that price progress under expanding participation has overtaken progress under contracting participation since the anchor began.
- NVI crossing above PVI suggests that price persistence during quieter participation has become the dominant contributor within the period.
EMA-to-EMA Structure (PVI EMA vs. NVI EMA)
EMA-to-EMA relationships can further highlight smoother, regime-level tendencies in participation balance. When one EMA persistently leads the other after sufficient post-anchor price action has accumulated, it reflects a sustained bias toward that participation regime within the anchor window. Similarly, EMA crossovers that develop after sufficient post-anchor data may imply a transition in participation balance rather than a reset artifact.
Important Context and Limitations of Extended Interpretation
This form of interpretation is only valid within a single anchor period. Because each anchor resets the baseline, no continuity or meaning should be inferred across different periods.
These interactions should be treated as descriptive of participation balance, not as standalone trade signals. Their value lies in clarifying how price movement is being carried within a defined window, not in predicting future direction.
**Combined Practical Use**
Altogether, this indicator allows participation dynamics to be evaluated at three levels:
1) Instantaneous behavior via the anchored PVI and NVI themselves
2) Structural persistence via each index relative to its own EMA
3) Regime balance via the relative positioning of PVI, NVI, and their EMAs
**Warnings!**
- Percent mode can become visually unstable when baseline PVI or NVI values are near zero due to division effects inherent in percent-change calculations.
**Other Similar Indicators**
My Anchored OBV + A/D script applies the same anchored-period framework to other volume-based indicators.
**Credits**
This script is inspired by Multi-Ticker Anchored Candles (MTAC) by @SamRecio . MTAC's anchored-baseline concept and open-source nature provided an important conceptual foundation for adapting the same idea to PVI and NVI.
Smart Trader, Episode 02, by Ata Sabanci | Battle of Candles ⚠️ CRITICAL: READ BEFORE USING ⚠️
This indicator is 100% VOLUME-BASED and requires Lower Timeframe (LTF) intrabar data for accurate calculations. Please understand the following limitations before using:
📊 DATA ACCURACY LEVELS:
• 1T (Tick) — Most accurate, real volume distribution per tick
• 1S (1 Second) — Reasonably accurate approximation
• 15S (15 Seconds) — Good approximation, longer historical data available
• 1M (1 Minute) — Rough approximation, maximum historical data range
⚠️ BACKTEST & REPLAY LIMITATIONS:
• Replay mode results may differ from live trading due to data availability
• For longer back test periods, use higher LTF settings (15S or 1M)
• Not all symbols/exchanges support tick-level data
• Crypto and Forex typically have better LTF data availability than stocks
💡 A NOTE ON TOOLS:
Successful trading requires proper tools. Higher TradingView plans provide access to more historical intrabar data, which directly impacts the accuracy of volume-based calculations. More precise volume data leads to more reliable signals. Consider this when evaluating your trading infrastructure.
📌 OVERVIEW
Smart Trader Episode 02: Battle of Candles is an advanced educational indicator that combines multiple analysis engines to help traders identify market scenarios and understand market dynamics. This is NOT financial advice or a trading signal service — it's a learning tool designed to help you understand how institutional traders might interpret price action.
The indicator integrates 7 major analysis engines into a unified dashboard, providing real-time insights into volume flow, trend structure, market phases, and potential trade setups.
⚡ KEY FEATURES
🎯 16-Pattern Scenario Engine
Automatically detects and classifies market conditions into 16 distinct scenarios, from strong continuation moves to potential reversals and traps.
💰 Trade Advisor Panel
Aggregates all signals into actionable suggestions with confidence levels, suggested entry/SL/TP levels, and risk/reward calculations.
📊 Volume Engine
Splits volume into buy/sell components using either Geometry (candle shape) or Intrabar (LTF data) methods for precise delta analysis.
📈 CVD (Cumulative Volume Delta)
Tracks the running total of buying vs selling pressure to identify accumulation, distribution, and divergences.
🎯 Stop-Hunt Detection
Identifies potential stop-hunt patterns where price sweeps liquidity levels before reversing.
📐 Pure Structure Trend Engine
Zero-lag trend detection based on swing highs/lows (HH/HL/LH/LL) without any lagging indicators.
⚡ Effort vs Result Analysis
Measures energy spent (volume) versus ground taken (price movement) to detect stalls, breakthroughs, and exhaustion.
🎯 SCENARIO ENGINE — 16 Market Patterns
The Scenario Engine analyzes multiple factors (candle anatomy, volume, forces, CVD, wick analysis) to classify each candle into one of 16 scenarios:
Continuation Scenarios (1-3)
1. ⚔️ STRONG MOVE — Big body candle (>60%) with volume confirming direction. Indicates strong momentum continuation.
2. 🛡️ ABSORPTION — One side attacks but the other absorbs the pressure. Price holds despite volume. Continuation expected in the absorbing side's favor.
3. 📉 PULLBACK — Small move against the trend with low volume. Indicates a healthy retracement before trend continuation.
Reversal Scenarios (4-6, 13-16)
4. 💥 REJECTION — Big wick (>40%) with small body and high volume. Price was rejected
at a level, potential reversal.
5. 🪤 TRAP — Pin direction disagrees with delta. Extreme wick size. Looks bullish/bearish but the opposite may happen.
6. 😫 EXHAUSTION — High energy spent (volume) but low ground taken (price movement). Both sides active but momentum fading.
13. 🔄 CVD BULL DIV — Price falling but CVD rising. Hidden buying detected (accumulation). Potential bullish reversal.
14. 🔄 CVD BEAR DIV — Price rising but CVD falling. Hidden selling detected (distribution). Potential bearish reversal.
15. 🎯 STOP HUNT BULL — Shorts were liquidated below support. Price swept liquidity and reversed. Expect bullish move.
16. 🎯 STOP HUNT BEAR — Longs were liquidated above resistance. Price swept liquidity and reversed. Expect bearish move.
Range/Stalemate Scenarios (7-9)
7. ⚖️ DEADLOCK — Market in balance. Force ratio between 0.4-0.6. Low volume. No side winning.
8. 🔥 BATTLE — High volume fight in a range. Both sides attacking. Wicks on both ends of candle.
9. 🎯 WAITING — Building phase with quiet volume. Market is preparing but no trigger yet. Wait for breakout.
Pre-Breakout Scenarios (10-12)
10. 🚀 BULL SETUP — Buyers accumulating in a building phase. Positive delta building. Bullish pressure growing.
11. 💣 BEAR SETUP — Sellers distributing in a building phase. Negative delta building. Bearish pressure growing.
12. ⚡ BREAKOUT — Price at boundary with strong candle and volume supporting. Imminent breakout expected.
💰 TRADE ADVISOR ENGINE
The Trade Advisor aggregates all signals from the different engines into a single actionable output. It uses a weighted scoring system:
Scoring Weights:
• Scenario Signal: 30%
• Trend Alignment: 20%
• CVD Momentum: 15% + Divergence Bonus
• Pin Forces: 15%
• Liquidity Sweep: 12%
• Stop-Hunt Detection: 10%
• Effort vs Result: 10%
Possible Actions:
• ⏳ WAIT — Edge not strong enough (stay patient)
• 🟢 LONG ENTRY — Buyers have strong advantage + signals align
• 🔴 SHORT ENTRY — Sellers have strong advantage + signals align
• ⚠️ CLOSE LONG/SHORT — Position at risk (reversal/trend flip)
• 🛑 STOP LOSS — Price hit risk threshold
• 💰 TAKE PROFIT — Target threshold reached
📊 EXTENDED INFO PANEL (Detailed Explanations)
The Extended Info panel is hidden by default (toggle: Show Extended Info in settings). It provides detailed metrics that feed into the main engines:
CVD ANALYSIS
What is CVD?
Cumulative Volume Delta (CVD) is the running total of Buy Volume minus Sell Volume. It reveals the underlying buying/selling pressure that may not be visible in price alone.
CVD Value & Slope:
• ↗ Rising: CVD increasing = net buying pressure (bullish)
• ↘ Falling: CVD decreasing = net selling pressure (bearish)
• → Flat: No clear pressure direction
Accumulation vs Distribution:
• Accumulation %: Shows buying pressure strength (0-100). High accumulation with CVD rising = strong bullish bias.
• Distribution %: Shows selling pressure strength (0-100). High distribution with CVD falling = strong bearish bias.
Divergence Alerts:
• ⚠️ BULLISH DIVERGENCE: Price falling but CVD rising. Hidden buying = potential reversal UP.
• ⚠️ BEARISH DIVERGENCE: Price rising but CVD falling. Hidden selling = potential reversal DOWN.
WICK ANALYSIS
Wick Torque:
Torque measures the "rotational force" from wicks. It's calculated from wick length, volume, and body efficiency.
• Positive Torque (Bullish): Bottom wick power dominates. Buyers defended lower prices.
• Negative Torque (Bearish): Top wick power dominates. Sellers defended higher prices.
• ⚡ High Torque (>30): Strong signal, significant wick rejection occurred.
Stop-Hunt Detection:
The engine detects when price has likely swept stop-losses clustered at key levels:
• Stop Hunt Risk %: Likelihood score (0-100). Above 55% = confirmed hunt.
• "Shorts hunted": Price swept below support, liquidating shorts, expect bounce UP.
• "Longs hunted": Price swept above resistance, liquidating longs, expect drop DOWN.
LIQUIDITY SWEEPS
This section appears only when a liquidity sweep is detected. The engine monitors for price sweeping recent highs/lows and then reversing:
• 🎯 LIQUIDITY SWEPT ABOVE: Price broke recent highs but closed back below. Longs trapped, expect DOWN.
• 🎯 LIQUIDITY SWEPT BELOW: Price broke recent lows but closed back above. Shorts trapped, expect UP.
POWER BALANCE
The Power Balance meter shows the real-time strength comparison between buyers and sellers.
Force Ratio:
• 0% = Complete seller dominance
• 50% = Perfect balance
• 100% = Complete buyer dominance
Visual Bar:
• Left side (▓): Bear territory
• Right side (▓): Bull territory
• The bar is smoothed over recent history to reduce noise.
EFFORT vs RESULT
This section measures the efficiency of price movement relative to volume expended.
Energy:
How much volume was spent relative to the average. Energy > 1.0x means above-average volume activity.
Ground:
How much price movement occurred relative to average range. Ground > 1.0x means above-average price movement.
STALL Warning:
A STALL is detected when high energy is spent but low ground is taken (high effort, low result). This often indicates institutional battle, exhaustion, or imminent reversal.
MARKET PHASE
The Phase Engine classifies the current market regime:
RANGE : No clear trend. Price confined to middle of channel. Low ADX. Balanced forces. Trade breakouts with caution.
BUILDING : Compression/preparation phase. Channel tightening or boundary penetration without follow-through. Watch for breakout direction.
TRENDING : Active directional move. Clear slope, good efficiency, price on trending side of channel. Favor pullback entries.
Strength:
0-100% score combining slope, volume validity, and force/efficiency filters.
Bars: How many candles the current phase has persisted.
TRACK RECORD (Validation Panel)
Enable with Show Validation Panel in settings. This section tracks the historical accuracy of scenario predictions:
Accuracy: Percentage of validated predictions that were correct.
Best/Worst Scenario: Shows which scenarios have the highest and lowest accuracy on the current symbol.
Recent Signals: Last 5 predictions with their outcomes. ✓ = correct, ✗ = wrong, ⏳ = pending validation.
⚙️ SETTINGS GUIDE
📊 Volume Analysis
Volume Calculation: Choose Geometry (estimates from candle shape) or Intrabar (precise LTF data).
Intrabar Resolution: LTF for precise mode. Try 1S, 15S, or 1T. Must be lower than chart timeframe.
History Depth: Candles stored in memory (5-50). Higher = more context, slower.
Memory Lookback: Bars for moving averages and Z-scores (10-100).
🏷️ Market Phase
Range Zone Width: How much of channel center is considered "range" (0.1-0.8).
Trend Sensitivity: Minimum slope to detect trending. Lower = more sensitive.
Min Episode Length: Minimum bars before phase can change. Prevents flickering.
🎯 Scenarios
Min Confidence to Show: Only display scenarios above this confidence level (30-90).
Bars to Validate: How many bars to wait before checking if prediction was correct.
Success Move %: Minimum price movement to consider prediction successful.
💰 Trade Advisor
Min Confidence for Entry: Minimum confidence to suggest a trade entry (50-90).
Default Risk %: Stop loss distance as % of price (0.5-5.0).
Min Risk/Reward: Minimum acceptable R:R ratio (1.0-5.0).
🔔 ALERT CONDITIONS
The indicator provides the following alert conditions you can configure:
• 🟢 LONG Entry Signal
• 🔴 SHORT Entry Signal
• ⚠️ Close LONG Signal
• ⚠️ Close SHORT Signal
• 🛑 STOP LOSS Alert
• 💰 Take Profit Alert
• 🚨 High Urgency Signal
⚠️ IMPORTANT DISCLAIMER
EDUCATIONAL TOOL ONLY
This indicator is designed for educational purposes to help users identify different market scenarios and understand how various signals might be interpreted.
The Trade Advisor is NOT a recommendation to buy, sell, or invest.
• Past performance does not guarantee future results
• All trading involves risk of loss
• The creator is not a licensed financial advisor
• Always do your own research (DYOR)
• Consult a qualified financial advisor before making any investment decisions
By using this indicator, you acknowledge that you understand these risks and accept full responsibility for your trading decisions.
Volume Pulse Dots Relative Volume at a Glance
Volume Pulse Dots is a lightweight, price-overlay indicator designed to highlight unusual volume activity directly on the chart, without adding clutter or a separate volume pane.
Instead of raw volume bars, this script uses relative volume (rVol) — current volume compared to a moving average of recent volume — to visually flag moments when participation meaningfully deviates from normal.
How It Works
Relative volume is calculated as:
Current volume ÷ Volume moving average (user-defined length)
Based on this ratio, small dots are plotted on the chart:
• High relative volume (green dot below bar)
Signals increased participation compared to recent activity. Often appears during momentum moves, breakouts, or strong continuation candles.
• Very high relative volume (larger cyan dot below bar)
Indicates extreme participation. Common near major breakouts, capitulation candles, or key inflection points.
• Low relative volume (gray dot above bar)
Highlights weak participation. These candles often represent fake moves, fading momentum, or price drifting without conviction.
Dots are intentionally subtle and plotted directly on price to keep context clear while staying out of the way.
How to Use It
This indicator is not a standalone signal generator. It works best when combined with:
• VWAP and EMA structure
• Key support and resistance levels
• Candlestick context (range, wicks, follow-through)
• Price location relative to the open, highs, or prior day levels
Examples:
• High rVol dots near VWAP can confirm real participation
• Very high rVol dots at extended levels may signal exhaustion
• Low rVol dots during breakouts often warn of weak follow-through
Customization
You can adjust:
• Volume moving average length
• Thresholds for high, very high, and low relative volume
• Optional display of the rVol value in the status line (no extra pane)
Design Philosophy
• No separate volume pane
• No alerts or signals
• No repainting
• Minimal visual footprint
This tool is meant to quietly surface information that experienced traders already look for, without distracting from price.
Smart Fixed Volume Profile [MarkitTick]💡 This comprehensive analysis suite integrates Auction Market Theory, structural gap analysis, and statistical liquidity strain modeling into a single, cohesive toolkit. Designed for traders who require a granular view of institutional order flow, this indicator overlays a Fixed Range Volume Profile with intelligent price gap classification and a volatility-adjusted exhaustion detector. By combining these three distinct analytical dimensions, it allows users to identify value consensus, structural breakouts, and potential market turns driven by liquidity shortages.
✨ Originality and Utility
While standard Volume Profiles display where trading occurred, this script advances the concept by contextually analyzing *how* price arrived at those levels. It solves the problem of isolated analysis by fusing three disparate methodologies:
Contextual Integration: It does not merely show support and resistance; it qualifies moves using "Smart Gaps" (classifying gaps based on market structure) and "Liquidity Strain" (identifying unsustainable price velocity).
Institutional Footprint: The inclusion of an "Unusual Volume" highlighter within the profile bars helps traders spot hidden institutional accumulation or distribution blocks that standard profiles miss.
Hybrid Logic: By combining a fixed-time profile (anchored to specific dates) with dynamic, developing gap analysis, it provides both a static roadmap of the past and a dynamic interpretation of current price action.
🔬 Methodology and Concepts
• Fixed Volume Profile Engine
The core of the indicator constructs a volume distribution histogram over a user-defined time window. It utilizes a custom aggregation engine that:
Fetches higher-timeframe volume and price data to ensure accuracy.
Segments the price range into specific "bins" or rows.
Allocates volume to these bins based on price action within the bar, separating Buying Volume (Up bars) from Selling Volume (Down bars).
Calculates the Point of Control (POC) —the price level with the highest traded volume—and the Value Area , which contains 70% (customizable) of the total volume centered around the POC.
• Smart Gap Logic
The script systematically identifies price gaps and classifies them based on their location relative to market pivots (Highs/Lows):
Breakaway Gaps: Occur when price gaps beyond a significant structural pivot (Lookback High/Low), signaling a potential trend initiation.
Runaway Gaps: Occur within an existing trend without breaking structure, indicating trend continuation.
Exhaustion Gaps: Identified when a gap occurs late in a mature trend (measured by bar count since the last pivot) accompanied by a volume spike, suggesting the trend is overextended.
• Liquidity Strain Detector
This module utilizes a statistical approach to measure market stress. It calculates "Illiquidity" by analyzing the ratio of True Range to Volume (Price Impact).
It applies a Logarithmic transformation to normalize the data.
It calculates a Z-Score (Standard Deviation from the mean) of this impact.
If the Z-Score exceeds a threshold (e.g., 2.0 Sigma) while the trend opposes the price move, it triggers an exhaustion signal, indicating that price is moving too easily on too little volume (thin liquidity).
🎨 Visual Guide
• Volume Profile Elements
Histogram Bars: Horizontal bars representing volume at price. Cyan indicates bullish volume; Red indicates bearish volume.
Unusual Volume Highlight: Bars with volume exceeding the average by a set factor (default 2x) are highlighted with brighter, distinct overlays to denote institutional interest.
POC Line: A solid Yellow line marking the price level with the highest volume.
VAH / VAL Lines: Dashed Blue lines marking the Value Area High and Value Area Low.
Background Box: A grey shaded area encapsulating the entire time and price range of the profile.
• Smart Gap Boxes
Blue Box (Breakaway): Marks the start of a new structural move.
Orange Box (Runaway): Marks continuation gaps in the middle of a trend.
Red Box (Exhaustion): Marks potential trend termination points.
Dotted Lines: Extend from the center of gap boxes to serve as future support/resistance levels. These boxes are automatically deleted if price "fills" or violates the gap level.
Note: This tool incorporates core components from [ Smart Gap Concepts ], optimized for this specific strategy.
• Liquidity Signals
Green Label (SE): "Seller Exhaustion" – Appears below bars in a downtrend when selling pressure is statistically overextended.
Red Label (BE): "Buyer Exhaustion" – Appears above bars in an uptrend when buying pressure is statistically overextended.
Note: This tool incorporates core components from [ Liquidity Strain Detector ], optimized for this specific strategy.
📖 How to Use
• Interactive Range Selection: This indicator features a flexible, interactive input system. Upon adding the script to your chart, execution is paused until the analysis range is defined. You will be prompted to click on the chart twice: first to establish the Start Date and second to establish the End Date. Once these anchor points are confirmed, the indicator will automatically load the data and generate the profile for the selected specific period.
● Strategies for Optimal Anchoring
the optimal starting and ending points for high-probability setups:
Swing Highs and Lows (Trend Analysis):
Anchor the Start Date at a major structural swing high or low and the End Date at the current price using the Extend to Present feature. This identifies the "Fair Value" for the entire price move .
Consolidation/Range Anchoring:
Set the Start Date at the first bar of a sideways range and the End Date at the breakout candle. This reveals the high-node volume clusters that will act as future support or resistance.
Session-Based Anchoring (Intraday):
Align the Start Date with the session open (e.g., London or New York open) to track institutional flow for that specific day .
Event-Driven Anchoring:
Place the Start Date on a significant news event or a Breakaway Gap identified by the script's Gap Engine. This helps determine if the new volume supports the direction of the gap.
Correction Cycles:
During a pullback, anchor the Start Date at the start of the correction to find the Value Area Low (VAL), which often serves as a tactical entry point for a trend continuation.
• Identifying Value:
Use the Value Area to gauge market consensus. Acceptance of price within the VA indicates balance. A breakout above VAH or below VAL suggests the market is searching for new value. The POC often acts as a magnet for price correction.
• Trading Breakouts:
Watch for Breakaway Gaps (Blue) that align with a move out of the Volume Profile's Value Area. This confluence increases the probability of a sustained trend.
• Spotting Reversals:
Combine Exhaustion Gaps (Red) with Liquidity Strain Signals (SE/BE) . If price gaps up into a low-volume node on the profile and prints a "Buyer Exhaustion" signal, it suggests the move is unsupported by liquidity and liable to reverse.
• Support and Resistance:
The extended dotted lines from the Smart Gap boxes act as dynamic support/resistance. A retest of a "Runaway Gap" is often a viable entry point for trend continuation.
⚙️ Inputs and Settings
• Global Profile:
Start/End Date: Define the exact window for the volume profile calculation.
Extend to Present: If checked, the profile updates with live data beyond the end date.
• Profile Settings:
Number of Rows: Determines the vertical resolution (granularity) of the histogram.
Value Area %: Default is 70%, representing one standard deviation of volume distribution.
Placement: Position the profile on the Left or Right of the defined range.
• Liquidity & Gaps:
Unusual Threshold: Multiplier of average volume to highlight institutional bars (default 2.0x).
Structure Lookback: Adjusts the sensitivity of pivot detection for gap classification.
Stress Threshold (Sigma): The Z-Score limit for triggering Liquidity Strain signals (default 2.0).
🔍 Deconstruction of the Underlying Scientific and Academic Framework
• Auction Market Theory (AMT):
The script is grounded in AMT, which posits that the market's primary function is to facilitate trade. The Volume Profile visualizes this by displaying a bell curve of price distribution. The Value Area (typically 70%) corresponds to the First Standard Deviation in a normal Gaussian distribution, representing the area of "Fair Value" where buyers and sellers agree.
• Market Microstructure & Kyle’s Lambda:
The Liquidity Strain module draws conceptually from Kyle’s Lambda, a metric in market microstructure that measures market depth and price impact (Illiquidity). By calculating the ratio of price change (True Range) to Volume, the script approximates the "cost" of moving the market.
• Statistical Z-Score Normalization:
To make the liquidity data actionable, the script applies Z-Score normalization: Z = (X - μ) / σ . This converts raw illiquidity values into standard deviations from the mean. A Z-Score above +2.0 signifies a statistically significant anomaly—an outlier event where price moved excessively relative to the volume traded, often preceding a mean-reversion event.
⚠️ Disclaimer
All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. I expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion.
Dollar Normalized Volume v2The author of the idea is LastBattle .
An indicator that multiplies the closing price by the current volume.
This will show the relative interest in the underlying asset regardless of price changes over time. In the case when the price dropped from $ 16 to $ 1, the trading volume increased 16 times, taking into account the fact that now 16 times more shares can be purchased for the same amount in dollars.
It differs from the original version in that the numbers do not expand the scale of the indicator values, they are now displayed in abbreviated form.
CVD - Cumulative Volume Delta Line - TheActulaSnailCVD – Cumulative Volume Delta Line
Author: TheActualSnail
Description:
The CVD (Cumulative Volume Delta) Line indicator calculates the net difference between buying and selling volume over time, helping traders visualize market pressure and order flow. Instead of bars, this version plots a smooth line representing cumulative delta, making it easier to spot trends, divergences, and resets.
Key Features:
Smooth CVD line showing cumulative volume delta.
Optional Moving Average for trend smoothing.
Configurable resets: daily, fixed higher timeframe, session start, or specific intraday time.
Zero line for reference.
Background highlights when the CVD resets.
Settings Explanation
1. CVD Resets (resetInput)
Defines when the CVD calculation resets to zero:
None: Never resets; the CVD accumulates indefinitely.
On a stepped higher timeframe: Resets at the start of each bar of a higher timeframe (e.g., daily on a 1H chart).
On a fixed higher timeframe: Resets at the start of a specific timeframe you choose (fixedTfInput).
At a fixed time: Resets at a specific hour and minute each day (hourInput and minuteInput). Works only on intraday charts.
At the beginning of the session: Resets at the start of each trading session (useful for markets with fixed open/close hours).
2. Fixed Higher Timeframe (fixedTfInput)
Used with fixed higher timeframe reset. Example: "D" = reset at the start of each day, "W" = reset at the start of each week.
3. Fixed Time (hourInput & minuteInput)
Used only with At a fixed time reset. Example: hour = 9, minute = 30 → CVD resets at 9:30 AM each day.
4. Volume Delta Calculation (vdCalcModeInput)
Volume delta: Cumulative delta = up volume − down volume.
Volume delta percent: Relative delta = (up − down) / total volume.
5. Visuals
CVD Line Colors: Green for positive delta, red for negative.
CVD MA: Optional moving average to smooth the line.
Zero Line: Reference for zero cumulative delta.
Background Color on Reset: Highlights bars when CVD resets.
Usage Notes
This indicator is for informational purposes only.
It does not provide buy or sell signals.
Always combine CVD analysis with other indicators, price action, and risk management.
Market conditions can change rapidly; use caution when making trading decisions.
Tip:
For intraday charts, consider using fixed time resets to see daily market pressure clearly.
For higher timeframe analysis, use daily or weekly resets.
Volume Flow DirectionThe indicator is showing you volume flow direction - sustained flow in one direction (green or red dominance) suggests institutional participation that often precedes price movement in that direction. Use in combination with Cumulative Volume Histogram to spot divergences.
Key Interpretation Guidelines:
1. Trend Direction :
- Sustained green dominance suggests underlying buying pressure (bullish)
- Sustained red dominance suggests underlying selling pressure (bearish)
2. Signal Line Crossings (more important than just height):
- Bullish signal : When the combined buffer (white line) crosses above the green signal line
- Bearish signal : When the combined buffer crosses below the red signal line
3. Divergences (most powerful signals):
- Bullish divergence : Price makes lower lows but indicator makes higher lows (green area grows)
- Bearish divergence : Price makes higher highs but indicator makes lower highs (red area deepens)
Practical Trading Interpretation:
Current Market Bias:
- Bullish bias : Green area consistently above zero line
- Bearish bias : Red area consistently below zero line
- Neutral : Indicator oscillating around zero with neither color dominating
Confirmation Factors:
1. Signal Method Context : Your chosen signal method (Percentage, Fixed, etc.) determines the thresholds
2. Trading Style Setting : Different styles (Range/Trend/News) use different parameters
3. Timeframe Consistency : Longer dominance (multiple bars) is more significant than brief spikes
Weekly VWAP (ETH to RTH) - OHLC4Weekly vwap with standard deviations. The vwap will carry over ETH data into RTH when RTH mode is turned on.
ImbalanceDetects and visualizes price imbalances across multiple higher timeframes (Monthly, Weekly, Daily, 4H, 1H, 15m, 5m).
The script draws color-coded bullish and bearish imbalance boxes with dotted midpoint lines, supports extending boxes to the right, optional reduction (shrink on partial fill), and automatic aging/removal of old zones — making it easy to spot persistent supply/demand imbalances at a glance.
TradingMoja / SQZMOM ADX . Mi indicatores lo que ultizo en mis añalisis a dia dia . Si trata de SQZMOM y ADX
Trend ComboI have just combined Vwap with EMA's, along with a Parabolic Sar to help with timing potential entries and exits. Always use a stop loss.
Volume Channel Flow [ChartPrime]⯁ OVERVIEW — Volume Channel Flow
The Volume Channel Flow indicator dynamically tracks evolving trend channels while simultaneously analyzing volume distribution within each channel segment.
By combining adaptive volatility-based channel boundaries with real-time volume profiling, the tool highlights directional bias, structural breakouts, and zones where buy/sell pressure is concentrated.
This makes it a powerful hybrid of a trend-tracking system and a miniature volume-profile engine that updates live as the market moves.
⯁ CONCEPTS
Dynamic Volatility Channel:
Upper and lower channel levels are continuously recalculated using ATR. These levels shift only when price breaks outside the previous channel, signaling a trend transition.
Channel Segmentation:
When a channel shift occurs, the previous segment is closed and visually plotted as its own range — allowing traders to inspect each discrete “flow phase” of the market.
Embedded Volume Profile:
Inside each channel segment, the indicator builds a mini volume histogram using user-defined binning. This creates a quick visual read of how volume was distributed within that price range.
Point of Control (PoC):
The price level with the highest traded volume inside each completed segment is detected and plotted as a dashed horizontal PoC line.
Flow Bias (Bullish/Bearish):
The volume profile color adapts depending on whether cumulative delta volume (buy minus sell pressure) is positive or negative for the segment.
Breakout Labels:
When a new channel is formed, arrows mark whether the breakout occurred upward or downward.
⯁ FEATURES
Adaptive Trend Channel Construction
Channels update only when price closes beyond upper or lower volatility thresholds. This isolates trend shifts with minimal noise.
Channel Visualization Options
Choose to display full channel boxes or only trend lines using customizable styling.
Real-Time Volume Profiling
As long as the channel remains active, volume distribution is recalculated live on every bar.
PoC Projection
The PoC is drawn across the channel range, marking the highest-volume price level for each segment.
Directional Delta Coloring
Volume profiles automatically shift to bullish or bearish colors based on cumulative delta inside the channel.
Breakout Detection
Arrows highlight each transition into a new channel regime.
⯁ HOW TO USE
Spot trend changes using breakout arrows and the creation of new trend channels.
Gauge strength of a channel by examining the density and shape of the internal volume profile.
Use PoC levels as potential support/resistance interaction zones.
Validate momentum by checking whether volume delta shows bullish or bearish dominance.
Monitor channel edges to anticipate continuation or reversal setups.
⯁ CONCLUSION
The Volume Channel Flow indicator merges trend structure with volume analytics, providing a continuously adaptive picture of market flow.
It not only detects where trend phases begin and end, but also reveals what type of volume behavior shaped each segment, offering a deeper understanding of trend strength and directional pressure.
Korean Trading Value in 100M KRW (KRX Standard)이 지표는 한국 시장(KOSPI, KOSDAQ) 투자자들을 위해 거래대금을 가장 직관적인 '억 원' 단위로 변환하여 보여줍니다.
주요 특징:
직관적인 수치: 우측 가격축(Y축)에 표시되는 숫자 '1'은 '1억 원'을 의미합니다. (예: 1000 = 1000억)
KRX 표준 최적화: 한국거래소 기준에 맞춰 금액을 환산하여 시장 주도주와 자금 유입을 즉각 파악할 수 있습니다. (참고: 본 지표는 KRX 데이터를 기준으로 하며, NXT 거래대금은 포함되지 않습니다.)
깔끔한 UI: 차트 화면을 가리는 라벨을 제거하고 트레이딩뷰 기본 색상 테마를 유지하여 가독성이 뛰어납니다.
실시간 확인: trackprice 기능을 통해 현재 진행 중인 봉의 거래대금을 우측 라벨에서 실시간으로 확인할 수 있습니다.
*****
This indicator is designed for the Korean stock market (KRX), converting trading values into the most intuitive unit for local traders: 'Eok' (100 million KRW).
Key Features:
Intuitive Scaling: The numbers on the Y-axis represent 100 million KRW per unit. (e.g., 1000 = 100 billion KRW)
KRX Standard Optimized: Easily identify market leaders and capital flow based on KRX data. (Note: This indicator is based on KRX standards and does not include NXT trading value.)
Clean UI: Minimizes on-screen clutter and maintains TradingView's default color theme for maximum readability.
Real-time Tracking: The trackprice feature allows you to monitor the current bar's trading value directly on the price scale in real-time.
Trading Value (Auto-Unit: K/M/B) with Price LabelsThis is a simple yet powerful indicator that calculates and displays the Trading Value (Price × Volume) instead of just trading quantity. It helps traders identify where the real "big money" is flowing.
By. Ninggimhee
Big Trend Catcher: Dual-Gate EMA & ATR Trailing Swing TraderThe Big Trend Catcher: Long-Only Progressive Swing System
OVERVIEW
The Big Trend Catcher is a high-conviction, long-only swing trading strategy designed to identify and ride sustained market moves. Unlike traditional trend-following systems that often get "chopped out" during sideways consolidation, this strategy utilizes a Dual-Gate Filter to ensure you only enter when short-term momentum and the long-term trend are in total alignment.
It is specifically tuned for high-growth stocks and ETFs where capturing the lion’s share of a multi-week or multi-month move is the primary objective.
CORE LOGIC: THE DUAL-GATE SYSTEM
To maintain a high quality of entries, the strategy requires a "confirmed launch" through two distinct filters:
The Momentum Gate (20 EMA): Identifies immediate price acceleration and volume-backed impulse.
The Long-Term Gate (100 EMA): Acts as the ultimate trend filter. The script utilizes a "Signal Memory" logic—if an impulse happens while price is still below the 100 EMA, the trade is held in a "Pending" state. The entry only triggers once the price closes firmly above the 100 EMA.
Goal: This prevents "bottom fishing" in established downtrends and keeps you in cash during sideways "death loops" when the long-term direction is unclear.
KEY FEATURES
1. Progressive Pyramiding (Scale-In)
The biggest profits in swing trading are often made by adding to winners. This system features two automated scale-in triggers:
Velocity Adds (VOLC): Adds to the position if the stock is up >10% and moving with rising momentum, allowing you to build a larger position as the trend proves its strength.
Pullback Adds: Adds to the position when the price tests the 20 EMA and holds, allowing you to buy the "dip" within a healthy uptrend.
2. The Phoenix Re-Entry
This logic is designed to catch "V-shaped" recoveries. If the strategy exits on a trend break but the price aggressively reclaims the 20 EMA on massive volume shortly after, it re-enters the trade. This ensures you aren't left behind during the second leg of a major run after a temporary shakeout.
3. Iron-Floor ATR Exit
We use a 3.5x ATR Trailing Stop combined with the 100 EMA. This wider-than-average "breathing room" is designed to keep you in for significant gains while ignoring the minor daily volatility that often shakes out traders with tighter stops.
HOW TO USE
Best Timeframes: Daily (D) is recommended for identifying major cycles, but it can be applied to the 4-Hour (4H) for more active swing trading.
Settings:
* 20 EMA: Your short-term momentum guide.
* 100 EMA: Your long-term trend guide.
* ATR Multiplier: Set to 3.5 for maximum "trend hugging."
SUMMARY OF VISUALS
Blue Line (100 EMA): The Long-Term Trend.
Yellow Line (20 EMA): The Short-Term Momentum.
Red Stepped Line: Your ATR Trailing Floor (The "Iron Floor").
Lime Triangle: Initial Trade Entry.
Blue/Orange Shapes: Progressive Scale-in points.
Weighted Stochastic Oscillator [SeerQuant]Weighted Stochastic Oscillator (WSTO)
The Weighted Stochastic Oscillator (WSTO) is an enhanced stochastic-based trend oscillator that builds on the traditional %K/%D framework by introducing adaptive weighting and configurable smoothing. By dynamically amplifying the oscillator’s deviation from the 50 midline based on a selected market “weight” (Volume, Momentum, Volatility, or Reversion Factor), WSTO provides a cleaner view of trend strength and regime shifts—without relying on classic 80/20 overbought/oversold bands.
⚙️ How It Works
WSTO uses a standard stochastic calculation, measuring where price sits within its rolling high/low range over a lookback period. That %K is then “context-weighted” using your selected weighting method: Volume, Momentum, Volatility, or Reversion Factor.
The weighting is normalized for stability (so it doesn’t blow out during abnormal periods), then applied by amplifying the oscillator’s deviation from the 50 midline. In practice, this means strong conditions make the oscillator lean harder away from 50 (clearer trend), while quieter conditions keep it closer to traditional stochastic behaviour.
The weighted %K is then smoothed using your chosen moving average type, and a second smoothing pass generates the %D signal line. Trend logic is based on a neutral band around 50: bullish when the oscillator holds above (50 + Neutral Zone), bearish when it holds below (50 - Neutral Zone), and neutral while it remains inside that range.
✨ Customizable Settings
WSTO is built to be tuned without overcomplication. You can choose the stochastic source mode (Close, HLC3, OHLC4, or a custom input source), set the stochastic length, and control smoothing via separate %K and %D smoothing lengths.
You can also pick from a wide selection of moving average types (SMA, EMA, RMA, HMA, DEMA, TEMA, etc.) to match your style.
The weighting method is the core differentiator. Volume weighting emphasizes participation, Momentum weighting emphasizes directional impulse, Volatility weighting emphasizes expansion/contraction, and Reversion Factor weighting biases toward mean-reversion dynamics by responding inversely to variance. On the style side, you can select a preset colour scheme (Default/Modern/Cool/Monochrome) or enable custom bull/bear/neutral colours. Candle coloring is optional, and you can decide whether candles follow %K or %D.
🚀 Features and Benefits
WSTO gives you an alternative stochastic that adapts to market conditions instead of treating every regime the same. The weighting engine makes trend strength more obvious when conditions justify it, while the neutral-zone framework reduces noise compared to classic OB/OS bands. With flexible smoothing and clean visual state changes, it works well as a trend filter, a confirmation layer, or a regime signal alongside other systems.
📜 Disclaimer
This indicator is for educational purposes only and does not constitute financial advice. Past performance does not guarantee future results. Always consult a licensed financial advisor before making trading decisions. Use at your own risk.
Stable print/burnThis indicator is a "Liquidity Scanner" for the crypto market. It tracks the movement of US dollars flowing in and out of the ecosystem through the 5 major stablecoins (USDT, USDC, DAI, FDUSD, and PYUSD).
Here is exactly how it works:
1. It tracks "Printing" vs "Burning"Mint (Green Bar): When new stablecoins are created, it means investors are depositing real dollars to buy crypto. This is buying power entering the market.Burn (Red Bar). When stablecoins are destroyed, it means investors are cashing out to their bank accounts. This is liquidity leaving the market.
2. It calculates the "Net Flow"Instead of just looking at the price, it calculates the daily change. By summing the 5 major stables, it gives you a global view of the total "dry powder" available to pump the market.
3. Key FeaturesAnti-Error Logic: It uses "Non-Zero" logic, so if a stablecoin didn't exist a few years ago (like PYUSD), it won't break your chart. You get the full history.Flexible Selection: You can toggle each stablecoin ON or OFF in the settings to see how individual players (like Tether) impact the total liquidity.Trend Line: The white line shows the 7-day average, helping you see if money is consistently entering the market or if it was just a one-time event.How to read it:Big Green Bars: Usually a Bullish signal. Large amounts of cash are ready to buy.Big Red Bars: Usually a Bearish signal. The "fuel" is being removed from the engine.
Desk Alerts: AMD / PLTR / NVDA (VWAP + EMA + Volume)Desk Alerts: AMD / PLTR / NVDA (VWAP + EMA + Volume)
Delta Hedging Pressure📊 COT Delta Hedging Pressure – Institutional Sentiment Indicator
This indicator visualizes institutional hedging pressure by aggregating delta-style positioning into a clean, session-aware sentiment framework.
Instead of guessing direction, it shows who is likely hedging vs. pressing, helping traders align intraday execution with higher-timeframe positioning.
🔍 What This Indicator Does
Calculates cumulative hedging pressure using price-based delta logic
Classifies market state into:
Bullish (positive hedge pressure)
Bearish (negative hedge pressure)
Neutral (balanced flow)
Resets cleanly by session or user-defined period
Visualizes sentiment using:
Background shading
Labels
Cumulative plots
🧠 How Traders Use It
Directional bias filter (trade only with sentiment)
Context for FVGs, liquidity raids, and pullbacks
Avoids chop by identifying neutral hedge conditions
Pairs especially well with:
XAUUSD
Index CFDs
Futures / CFD hybrids
⚙️ Key Features
Session-aware cumulative logic
Adjustable sensitivity and lookback
Clean visual design (no clutter)
Non-repainting calculations
Works on 1m → HTF
⚠️ Important Notes
This is a context tool, not a signal generator
Best used alongside price structure and risk management
Designed for discipline and alignment, not overtrading
🎯 Ideal For
Scalpers & intraday traders
Traders using:
Fair Value Gaps (FVG)
Liquidity sweeps
Session-based models
Traders transitioning from prop logic to personal capital
🧩 Final Thought
This indicator answers one question:
“Is the market hedging or pressing — and should I be aggressive or patient?”
If you trade with structure, this keeps you on the right side.
Volume Dynamic Liquidity BandsThis indicator visualizes liquidity zones on the chart by detecting areas where high-volume trading occurred. It combines volume analysis with price action to identify significant liquidity levels that traders and market makers are likely watching.
Session Dominance Profile [Pointalgo]Session Dominance Profile is a visual volume-distribution tool that shows which global trading session (Asia, London, or New York) dominates price activity across different price levels within a defined historical range.
The indicator builds a horizontal volume profile using candle close prices and volume, then classifies each price level by the session that contributed the highest volume.
How It Works :
The script analyzes a configurable lookback period
Price range is divided into multiple horizontal bins
Volume is accumulated per price level
Each bin is split into three session buckets:
Asia Session (Yellow)
London Session (Blue)
New York Session (Red)
The session with the highest volume at that price level determines the color
This results in a Session-based Dominance Profile, helping traders visually identify:
Where major sessions were most active
Session-specific acceptance or rejection zones
Potential intraday and swing reaction areas
Practical Use Cases :
Identify price levels dominated by a specific session
Understand session rotation and participation
Combine with:
Market structure
Support & resistance
VWAP or moving averages
Useful for intraday, scalping, and swing trading
Inputs Explained:
Lookback – Number of historical bars used to build the profile
Resolution – Number of price bins (higher = more detail)
Fixed Width (Bars) – Maximum horizontal width of the profile
Offset (Bars) – Distance of the profile from the current bar
Profile Direction – Left-to-Right or Right-to-Left rendering
Session Time Reference:
All sessions are calculated using UTC time.
Important Notes:
This indicator is visual and analytical only
It does not generate buy or sell signals
No repainting: the profile is calculated on the last bar only
Designed for educational and research purposes
Disclaimer:
This script does not provide financial advice.
Trading involves risk, and past volume behavior does not guarantee future results.
Always confirm signals using additional analysis and proper risk management.
