Daily ATR Bonanza: Expected Moves - Tr33man Daily ATR Bonanza: Expected Moves
Overview 🤷♂️
The Daily ATR Bonanza script is a powerful trading tool designed to help traders visualize and understand potential price movements using the Average True Range (ATR). It provides daily and weekly ATR levels, historical statistics, and conditional probability analysis to give traders actionable insights. The script also plots the daily Keltner channel. This script is ideal for traders who want to gauge volatility, identify key levels, and make data-driven decisions.
b]Key Features:
📈 1. Daily and Weekly ATR Levels
🔵ATR Levels: The script calculates and displays ATR-based levels for the day and week. These levels are derived from the previous day's or week's close price and are adjusted using customizable multipliers (0.5x, 1x, and 1.5x by default).
🔵You can choose the number of ATR levels (1, 2, or 3) and adjust the multipliers to suit your trading strategy.
🌐 2. ATR Bands (Keltner Channels)
🔵The script includes an option to display ATR Bands, which are volatility-based envelopes around a moving average. These bands help identify overbought and oversold conditions.
🔵You can adjust the ATR multiplier and the length of the moving average used for the bands.
🧮 3. Historical Statistics and Conditional Probability
🔵 Historical Analysis: The script analyzes historical price movements to calculate the likelihood of closing at certain ATR levels.
🔵 Conditional Probability: This feature shows the probability of the price reaching specific ATR levels given the current market conditions. The conditional matches historical data by an open in the same opening ATR bucket, as well as the current price bucket having been visited in the historical case. Conditional probabilities are just statistics, and do not predict anything.
Data Table: 📚
🔵 Historical Close Probability: The percentage of days the price closed within each ATR level.
🔵 Conditional Close Probability: The likelihood of the price closing within each ATR level today.
❓ What is Conditional Probability? ❓
Conditional probability is a statistical measure that calculates the likelihood of an event occurring given that another event has already occurred. In this script, it is used to determine the probability of the price reaching specific ATR levels based on the current opening range as well as current ATR distance from the previous close.
For example:
If the market opens near the lower end of the first ATR level, the script calculates the likelihood of the price reaching the upper end of the first, second, or third ATR level.
This analysis is based on historical data, making it a powerful tool for understanding potential price movements.
🌟 Understanding the Levels
🔵Daily Levels: These are based on the previous day's close price and ATR. They are updated at the start of each new day.
🔵Weekly Levels: These are based on the previous week's close price and ATR. They are updated at the start of each new week.
🔵ATR Bands: These are dynamic levels that adjust with market volatility.
🔬 Analyze the Statistics (Daily only for now, no weekly yet)
🔵Use the interactive table to understand historical probabilities and conditional probabilities.
🔵Focus on the current opening range and the likelihood of reaching specific levels.
🧠 Make Trading Decisions
🔵Use the ATR levels and bands to identify key support and resistance levels.
🔵Use the conditional probability table to gauge the likelihood of reaching specific targets.
🔵Adjust your strategy based on the historical performance of the market.
Example Use Cases
1. Day Trading
Use the daily ATR levels to set intraday targets and stop-loss levels.
Monitor the conditional probability table to adjust your expectations based on the opening range.
2. Swing Trading
Use the weekly ATR levels to identify longer-term support and resistance levels.
3. Scalping
Use the ATR bands to identify overbought and oversold conditions.
Use the conditional probability table to quickly assess the likelihood of price movements.
Bande e canali
Volume-Weighted Pivot BandsThe Volume-Weighted Pivot Bands are meant to be a dynamic, rolling pivot system designed to provide traders with responsive support and resistance levels that adapt to both price volatility and volume participation. Unlike traditional daily pivot levels, this tool recalculates levels bar-by-bar using a rolling window of volume-weighted averages, making it highly relevant for intraday traders, scalpers, swing traders, and algorithmic systems alike.
-- What This Indicator Does --
This tool calculates a rolling VWAP-based pivot level, and surrounds that central pivot with up to five upper bands (R1–R5) and five lower bands (S1–S5). These act as dynamic zones of potential resistance (R) and support (S), adapting in real time to price and volume changes.
Rather than relying on static session or daily data, this indicator provides continually evolving levels, offering more relevant levels during sideways action, trending periods, and breakout conditions.
-- How the Bands Are Calculated --
Pivot (VWAP Pivot):
The core of this system is a rolling Volume-Weighted Average Price, calculated over a user-defined window (default 20 bars). This ensures that each bar’s price impact is weighted by its volume, giving a more accurate view of fair value during the selected lookback.
Volume-Weighted Range (VW Range):
The highest high and lowest low over the same window are used to calculate the volatility range — this acts as a spread factor.
Support & Resistance Bands (S1–S5, R1–R5):
The bands are offset above and below the pivot using multiples of the VW Range:
R1 = Pivot + (VW Range × multiplier)
R2 = R1 + (VW Range × multiplier)
R3 = R2 + (VW Range x multiplier)
...
S1 = Pivot − (VW Range × multiplier)
S2 = S1 − (VW Range × multiplier)
S3 = S2 - (VW Range x multiplier)
...
You can control the multiplier manually (default is 0.25), to widen or tighten band spacing.
Smoothing (Optional):
To prevent erratic movements, you can optionally toggle on/off a simple moving average to the pivot line (default length = 20), providing a smoother trend base for the bands.
-- How to Use It --
This indicator can be used for:
Support and resistance identification:
Price often reacts to R1/S1, and the outer bands (R4/R5 or S4/S5) act as overshoot zones or strong reversal areas.
Trend context:
If price is respecting upper bands (R2–R3), the trend is likely bullish. If price is pressing into S3 or lower, it may indicate sustained selling pressure or a breakdown.
Volatility framing:
The distance between bands adjusts based on price range over the rolling window. In tighter markets, the bands compress — in volatile moves, they expand. This makes the indicator self-adaptive.
Mean reversion trades:
A move into R4/R5 or S4/S5 without continuation can be a sign of exhaustion — potential for reversal toward the pivot.
Alerting:
Built-in alerts are available for crosses of all major bands (R1–R5, S1–S5), enabling trade automation or scalp alerts with ease.
-- Visual Features --
Fuchsia Lines: Mark all Resistance (R1–R5) levels.
Lime Lines: Mark all Support (S1–S5) levels.
Gray Circle Line: Marks the rolling pivot (VWAP-based).
-- Customizable Settings --
Rolling Length: Number of bars used to calculate VWAP and VW Range.
Multiplier: Controls how wide the bands are spaced.
Smooth Pivot: Toggle on/off to smooth the central pivot.
Pivot Smoothing Length: Controls how many bars to average when smoothing is enabled.
Offset: Visually shift all bands forward/backward in time.
-- Why Use This Over Standard Pivots? --
Traditional pivots are based on previous session data and remain fixed. That’s useful for static setups, but may become irrelevant as price action evolves. In contrast:
This system updates every bar, adjusting to current price behavior.
It includes volume — a key feature missing from most static pivots.
It shows multiple bands, giving a full view of compression, breakout potential, or trend exhaustion.
-- Who Is This For? --
This tool is ideal for:
Day traders & scalpers who need relevant intraday levels.
Swing traders looking for evolving areas of confluence.
Algorithmic/systematic traders who rely on quantifiable, volume-aware support/resistance.
Traders on all assets: works on crypto, stocks, futures, forex — any chart that has volume.
Trend Following Bundle [ActiveQuants]The Trend Following Bundle indicator is a comprehensive toolkit designed to equip traders with a suite of essential technical analysis tools focused on identifying , confirming , and capitalizing on market trends . By bundling popular indicators like Moving Averages , MACD , Supertrend , ADX , ATR , OBV , and the Choppiness Index into a single script, it streamlines chart analysis and enhances strategy development.
This bundle operates on the principle that combining signals from multiple, complementary indicators provides a more robust view of market trends than relying on a single tool. It integrates:
Trend Direction: Moving Averages, Supertrend.
Momentum: MACD.
Trend Strength: ADX.
Volume Pressure: On Balance Volume (OBV).
Volatility: Average True Range (ATR).
Market Condition Filter: Choppiness Index (Trend vs. Range).
By allowing users to selectively enable, customize, and view these indicators (potentially across different timeframes), the bundle facilitates nuanced and layered trend analysis.
█ KEY FEATURES
All-in-One Convenience: Access multiple core trend-following indicators within a single TradingView script slot.
Modular Design: Easily toggle each individual indicator (MAs, MACD, Supertrend, etc.) On or Off via the settings menu to customize your chart view.
Extensive Customization: Fine-tune parameters (lengths, sources, MA types, colors, etc.) for every included indicator to match your trading style and the specific asset.
Multi-Timeframe (MTF) Capability: Configure each indicator component to analyze data from a different timeframe than the chart's, allowing for higher-level trend context.
Integrated Alerts: Pre-built alert conditions for key events like Moving Average crossovers , MACD signals , Supertrend flips , and Choppiness Index threshold crosses . Easily set up alerts through TradingView's alert system.
When configuring your alerts in TradingView, pay close attention to the trigger option:
- Setting it to " Only Once " will trigger the alert the first time the condition is met, which might happen during an unclosed bar (intra-bar). This alert instance will then cease.
- Setting it to " Once Per Bar Close " will trigger the alert only after a bar closes if the condition was met on that finalized bar. This ensures signals are based on confirmed data and allows the alert to potentially trigger again on subsequent closing bars if the condition persists or reoccurs. Use this option for signals based on confirmed, closed-bar data.
MA Smoothing & Bands (Optional): Apply secondary smoothing or Bollinger Bands directly to the Fast and Slow Moving Averages for advanced analysis.
█ USER INPUTS
Fast MA:
On/Off: Enables/Disables the Fast Moving Average plot and related smoothing/bands.
Type: Selects the primary calculation type (SMA, EMA, SMMA (RMA), WMA, VWMA). Default: EMA.
Source: Input data for the MA calculation (e.g., close, open, hl2). Default: close.
Length: Lookback period for the primary MA calculation. Default: 9.
Color: Sets the color of the primary Fast MA line. Default: Yellow.
Line Width: Sets the thickness of the primary Fast MA line. Default: 2.
Smoothing Type: Selects secondary smoothing type applied to the primary MA (e.g., None, SMA, EMA) or adds Bollinger Bands (SMA + Bollinger Bands). Default: None.
Smoothing Length: Lookback period for the secondary smoothing MA or the basis MA for Bollinger Bands. Relevant only if Smoothing Type is not " None ". Default: 10.
BB StdDev: Standard deviation multiplier for Bollinger Bands. Relevant only if Smoothing Type is " SMA + Bollinger Bands ". Default: 2.0.
Timeframe: Sets a specific timeframe for the MA calculation. Default: Chart.
Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close before plotting, preventing repainting. Default: true.
Slow MA:
On/Off: Enables/Disables the Slow Moving Average plot and related smoothing/bands.
Type: Selects the primary calculation type (SMA, EMA, SMMA (RMA), WMA, VWMA). Default: EMA.
Source: Input data for the MA calculation (e.g., close, open, hl2). Default: close.
Length: Lookback period for the primary MA calculation. Default: 9.
Color: Sets the color of the primary Slow MA line. Default: Yellow.
Line Width: Sets the thickness of the primary Slow MA line. Default: 2.
Smoothing Type: Selects secondary smoothing type applied to the primary MA (e.g., None, SMA, EMA) or adds Bollinger Bands (SMA + Bollinger Bands). Default: None.
Smoothing Length: Lookback period for the secondary smoothing MA or the basis MA for Bollinger Bands. Relevant only if Smoothing Type is not " None ". Default: 10.
BB StdDev: Standard deviation multiplier for Bollinger Bands. Relevant only if Smoothing Type is " SMA + Bollinger Bands ". Default: 2.0.
Timeframe: Sets a specific timeframe for the MA calculation. Default: Chart.
Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close before plotting, preventing repainting. Default: true.
MACD:
On/Off: Enables/Disables the MACD plots (MACD line, Signal line, Histogram).
Fast Length: Lookback period for the fast MA in MACD calculation. Default: 12.
Slow Length: Lookback period for the slow MA in MACD calculation. Default: 26.
Source: Input data for the MACD MAs. Default: close.
Signal Smoothing: Lookback period for the Signal Line MA. Default: 9.
Oscillator MA Type: Calculation type for Fast and Slow MAs (SMA, EMA). Default: EMA.
Signal Line MA Type: Calculation type for Signal Line MA (SMA, EMA). Default: EMA.
MACD Color: Color of the MACD line. Default: #2962FF.
MACD Signal Color: Color of the Signal line. Default: #FF6D00.
Timeframe: Sets a specific timeframe for the MACD calculation. Default: Chart.
Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true.
On Balance Volume (OBV):
On/Off: Enables/Disables the OBV plot and its related MAs/Bands.
Type (MA Smoothing): Selects MA type for smoothing OBV (None, SMA, EMA, etc.) or SMA + Bollinger Bands. Default: None.
Length (MA Smoothing): Lookback period for the OBV smoothing MA. Default: 14.
BB StdDev: Standard deviation multiplier for Bollinger Bands if selected. Default: 2.0.
Color: Color of the main OBV line. Default: #2962FF.
Timeframe: Sets a specific timeframe for the OBV calculation. Default: Chart.
Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true.
ADX:
On/Off: Enables/Disables the ADX plot.
ADX Smoothing: Lookback period for the ADX smoothing component. Default: 14.
DI Length: Lookback period for the Directional Movement (+DI/-DI) calculation. Default: 14.
Color: Color of the ADX line. Default: Red.
Timeframe: Sets a specific timeframe for the ADX calculation. Default: Chart.
Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true.
ATR:
On/Off: Enables/Disables the ATR plot.
Length: Lookback period for the ATR calculation. Default: 14.
Smoothing: Selects the calculation type for ATR (SMMA (RMA), SMA, EMA, WMA). Default: SMMA (RMA).
Color: Color of the ATR line. Default: #B71C1C.
Timeframe: Sets a specific timeframe for the ATR calculation. Default: Chart.
Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true.
Supertrend:
On/Off: Enables/Disables the Supertrend plot and background fill.
ATR Length: Lookback period for the ATR calculation within Supertrend. Default: 10.
Factor: Multiplier for the ATR value used to calculate the Supertrend bands. Default: 3.0.
Up Trend Color: Color for the Supertrend line and background during an uptrend. Default: Green.
Down Trend Color: Color for the Supertrend line and background during a downtrend. Default: Red.
Timeframe: Sets a specific timeframe for the Supertrend calculation. Default: Chart.
Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true.
Choppiness Index:
On/Off: Enables/Disables the Choppiness Index plot and bands.
Length: Lookback period for the Choppiness Index calculation. Default: 14.
Offset: Shifts the plot left or right. Default: 0.
Color: Color of the Choppiness Index line. Default: #2962FF.
Timeframe: Sets a specific timeframe for the CI calculation. Default: Chart.
Wait TF Close: If a timeframe is set, waits for that timeframe's bar to close. Default: true.
█ STRATEGY EXAMPLES
The following strategy examples are provided for illustrative and educational purposes only to demonstrate how indicators within this bundle could be combined. They do not constitute financial advice or trading recommendations. Always conduct your own thorough research and backtesting before implementing any trading strategy.
Here are a few ways the indicators in this bundle can be combined:
1. MA Crossover with Multi-Factor Confirmation
Goal: Enter trends early with confirmation from momentum and trend strength, while filtering out choppy conditions.
Setup: Enable Fast MA (e.g., 9 EMA), Slow MA (e.g., 50 EMA), MACD, ADX, and Choppiness Index.
Entry (Long):
- Price > Slow MA (Establishes broader uptrend context).
- Fast MA crosses above Slow MA OR Price crosses above Fast MA.
- MACD Histogram > 0 (Confirms bullish momentum).
- ADX > 20 or 25 (Indicates sufficient trend strength).
- Choppiness Index < 61.8 (Filters out excessively choppy markets).
Entry (Short): Reverse logic (except for ADX and Choppiness Index).
Management: Consider using the Supertrend or an ATR multiple for stop-loss placement.
Image showing a chart with 2:1 long and short trades, highlighting a candle disqualified for a long entry due to ADX below 20.
2. Supertrend Breakout Strategy
Goal: Use Supertrend for primary signals and stops, confirming with volume and trend strength.
Setup: Enable Supertrend, Slow MA, ADX, and OBV.
Entry (Long):
- Supertrend line turns green and price closes above it.
- Price > Slow MA (Optional filter for alignment with larger trend).
- ADX is rising or above 20 (Confirms trending conditions).
- OBV is generally rising or breaks a recent resistance level (Confirms volume supporting the move).
Entry (Short): Reverse logic (except for ADX and OBV).
Management: Initial stop-loss placed just below the green Supertrend line (for longs) or above the red line (for shorts). Trail stop as Supertrend moves.
Image showing a chart with a 2:1 long trade, one candle disqualified for a short entry, and another disqualified for a long entry.
3. Trend Continuation Pullbacks
Goal: Enter established trends during pullbacks to value areas defined by MAs or Supertrend.
Setup: Enable Slow MA, Fast MA (or Supertrend), MACD, and ADX.
Entry (Long):
- Price is consistently above the Slow MA (Strong uptrend established).
- ADX > 25 (Confirms strong trend).
- Price pulls back towards the Fast MA or the green Supertrend line.
- MACD Histogram was decreasing during the pullback but turns positive again OR MACD line crosses above Signal line near the MA/Supertrend level (Indicates momentum resuming).
Entry (Short): Reverse logic (except for ADX) during a confirmed downtrend.
Management: Stop-loss below the recent swing low or the Slow MA/Supertrend level.
Image showing a chart with 2:1 long and short trades, where price pulls back to the fast MA and the MACD histogram changes color, indicating shifts in momentum during the pullbacks.
█ CONCLUSION
The Trend Following Bundle offers a powerful and flexible solution for traders focused on trend-based strategies. By consolidating essential indicators into one script with deep customization, multi-timeframe analysis, and built-in alerts, it simplifies the analytical workflow and allows for the development of robust, multi-conditional trading systems. Whether used for confirming entries, identifying trend strength, managing risk, or filtering market conditions, this bundle provides a versatile foundation for technical analysis.
█ IMPORTANT NOTES
⚠ Parameter Tuning: Indicator settings (lengths, factors, thresholds) are not one-size-fits-all. Adjust them based on the asset being traded, its typical volatility, and the timeframe you are analyzing for optimal performance. Backtesting is crucial .
⚠ Multi-Timeframe Use: Using the Timeframe input allows for powerful analysis but be mindful of potential lag, especially if Wait TF Close is disabled. Signals based on higher timeframes will update only when that higher timeframe bar closes (if Wait TF Close is enabled).
⚠ Confirmation is Key: While the bundle provides many tools, avoid relying on a single indicator's signal. Use combinations to build confluence and increase the probability of successful trades.
⚠ Chart Clarity: With many indicators available, only enable those relevant to your current strategy to avoid overwhelming your chart. Use the On/Off toggles frequently.
⚠ Confirmed Bars Only: Like most TradingView indicators, signals and plots are finalized on the close of the bar. Be cautious acting on intra-bar signals which may change before the bar closes.
█ RISK DISCLAIMER
Trading involves substantial risk of loss and is not suitable for every investor. The Trend Following Bundle indicator provides technical analysis tools for educational and informational purposes only; it does not constitute financial advice or a recommendation to buy or sell any asset. Indicator signals identify potential patterns based on historical data but do not guarantee future price movements or profitability. Always conduct your own thorough analysis, use multiple sources of information, and implement robust risk management practices before making any trading decisions. Past performance is not indicative of future results.
📊 Happy trading! 🚀
Multi 10 Symbol Scanner Table V1Script Summary: "Multi 10 Symbol Scanner Table V1"
This TradingView indicator acts as a powerful market scanner dashboard. Instead of plotting signals on your main price chart, its primary purpose is to display a table summarizing the technical status of up to 10 different assets (stocks, crypto, forex pairs, etc.) that you choose.
Think of it as a watchlist on steroids. It analyzes each symbol you enter based on a consistent set of rules you define and presents the results side-by-side in the table for quick comparison.
Here's what the table shows for each symbol you add:
Symbol: The ticker name of the asset being scanned.
Actual Price: The current market price of that asset.
Price vs. MAs: Indicates the short-term trend based on whether the price (on the chart's current timeframe) is above two moving average lines ("Above Both"), below them ("Below Both"), or in between ("Mixed"). This column is color-coded (Green/Red/Gray).
RSI Value: Shows the current RSI (Relative Strength Index) number, a measure of momentum (calculated on the chart's current timeframe).
RSI Status: Tells you if the RSI is currently "Overbought," "Oversold," or "Neutral" based on the levels you set. This column is color-coded (Red/Green/Gray).
SIG NOW: A combined "immediate signal" based on the Price vs. MAs and RSI Status conditions (calculated on the chart's current timeframe). It shows "BUY," "SELL," or "NEUTRAL" and is color-coded (Green/Red/Gray).
ALERT: Flags unusual trading volume activity (calculated on the chart's current timeframe). It shows "SPIKE" for high volume, "DUMP" for low volume, or "NONE." This column is color-coded (Orange/Purple/Gray).
LTS (TF1), LTS (TF2), LTS (TF3): These three columns show separate Long-Term Signals for each asset. Each signal is calculated independently using Bollinger Bands on a different, higher timeframe that you specify (e.g., Daily, Weekly, Monthly). It shows "BUY," "SELL," or "NEUTRAL" along with the price at which that signal occurred on that specific higher timeframe. These columns are also color-coded (Green/Red/Gray).
In essence: This script lets you monitor multiple assets simultaneously from one place, checking their short-term trend, momentum, volume activity, and longer-term signals across three different time perspectives, all updated in real-time within the table.
Important Note: This script only displays information in the table. It does not plot any lines or signals on your main chart, nor does it generate built-in TradingView alerts. It's purely a visual dashboard for scanning.
How to Adjust the Script Settings
You can customize the scanner through its "Settings" panel in TradingView. Here’s how to adjust each part:
1. Symbols (Enter Ticker IDs like 'BINANCE:BTCUSDT')
Symbol 1 to Symbol 10: These are the 10 slots where you enter the assets you want to scan.
How to Enter: You need the full Ticker ID, often including the exchange prefix. Examples: NASDAQ:AAPL, BINANCE:BTCUSDT, FX:EURUSD, NYSE:GME. You can find these using TradingView's symbol search.
Leaving Blank: If you don't need all 10 slots, just leave the extra ones blank. The table will only show rows for the symbols you've entered.
2. Indicator Settings (Chart Timeframe)
These settings define the rules for the analysis performed using the timeframe of the chart you currently have open. These rules are applied to all symbols in your list for the "Price vs MAs," "RSI," "SIG NOW," and "ALERT" columns.
MA Source: Choose which price point (Close, Open, High, Low, etc.) the moving averages should be based on. (Default: Close)
Short MA Period: Set the number of bars for the shorter-term moving average. A smaller number reacts faster. (Default: 20)
Long MA Period: Set the number of bars for the longer-term moving average. A larger number shows a smoother trend. (Default: 50)
RSI Source: Choose which price point the RSI momentum calculation should use. (Default: Close)
RSI Period: Set the number of bars for the RSI calculation. (Default: 14)
RSI Overbought Level: The RSI level above which an asset is considered "Overbought" in the table. (Default: 70)
RSI Oversold Level: The RSI level below which an asset is considered "Oversold" in the table. (Default: 30)
SIG NOW RSI Buy Min: The minimum RSI value required (along with price being above MAs) to show a "BUY" signal in the "SIG NOW" column. (Default: 55)
SIG NOW RSI Sell Max: The maximum RSI value required (along with price being below MAs) to show a "SELL" signal in the "SIG NOW" column. (Default: 45)
Volume Lookback (LBV): How many bars (on the chart's timeframe) to look back to calculate the average volume for the Spike/Dump alerts. (Default: 3)
Volume MA Type: The type of averaging method used for the volume calculation. (Default: EMA)
3. Volume Alert Settings
These control the sensitivity of the "ALERT" column (Spike/Dump detection) for all symbols.
Volume Alert Sensitivity: Choose a preset:
"Normal": Standard thresholds.
"Sensitive": Easier to trigger alerts.
"Highly Sensitive": Easiest to trigger alerts.
"Custom": Uses the manual multipliers below.
Custom Spike Multiplier (>1): (Only used if Sensitivity is "Custom") Volume must be this many times greater than average to trigger SPIKE. (e.g., 1.5 = 50% higher).
Custom Dump Multiplier (<1): (Only used if Sensitivity is "Custom") Volume must be this many times smaller than average to trigger DUMP. (e.g., 0.7 = 30% lower).
4. Long Term Signal (LTS) Settings
These settings control the calculations for the three independent "LTS" columns in the table. Each LTS column analyzes data from a specific higher timeframe you choose.
LTS Timeframe 1 / 2 / 3: Select the higher timeframes (e.g., 'D' for Daily, 'W' for Weekly, 'M' for Monthly) for each of the three LTS calculations. These will determine the data used for the corresponding LTS columns in the table.
LTS BB Source: The price source used for the Bollinger Band calculation on the selected LTS timeframes. (Default: Close)
LTS BB Length: The period (number of bars on the chosen LTS timeframe) used for the Bollinger Band calculation. (Default: 20)
LTS BB StdDev: The standard deviation multiplier for the Bollinger Bands used in the LTS calculations. (Default: 2.0)
5. Table Settings
These control the appearance of the scanner table itself.
Table Position: Choose which corner or side of the chart the table should appear on.
Decimal Places (Non-Price): How many decimal places to show for values like the RSI number in the table.
Table Text Size: Adjust the font size inside the table cells ("tiny", "small", "normal", "large", "huge").
By adjusting these settings, you can tailor the scanner to focus on the assets, timeframes, and technical conditions that matter most to your trading strategy. Remember to enter valid ticker symbols for the assets you want to track.
Chart Plotter & Scanner Table V1Script Summary: "Chart Plotter & Scanner Table V1"
This TradingView indicator is designed to give you a comprehensive analysis of the single stock, crypto, or asset currently displayed on your chart. It does this in two main ways:
Visual Signals on the Chart: It draws helpful information directly onto your price chart:
Trend Lines: Plots two moving average lines (one short-term, one long-term) to help you visualize the current price trend.
Buy/Sell Markers ("SIG NOW"): Shows triangle markers below the price (green for potential Buy) or above the price (red for potential Sell) when specific conditions related to price trend and momentum (RSI) are met.
Volume Activity Markers ("ALERT"): Displays small labels ("S" for Spike, "D" for Dump) when the trading volume is unusually high or low compared to its recent average, indicating potentially significant market activity.
Long-Term Signal Markers ("LTS"): Shows small shapes (circles, diamonds, squares) to indicate potential long-term Buy or Sell signals derived from analyzing price action on up to three different, higher timeframes (like Daily, Weekly, Monthly) that you choose.
Status Summary Table: It displays a neat table on your chart (you choose the corner) that acts like a dashboard, summarizing the key findings for the current asset:
Symbol & Price: Shows the ticker symbol and the latest price.
Price vs. Trend: Tells you if the current price is above both trend lines ("Above Both"), below both ("Below Both"), or in between ("Mixed"), with color-coding (Green/Red/Gray).
Momentum (RSI): Shows the current RSI value and its status ("Overbought", "Oversold", or "Neutral"), with color-coding (Red/Green/Gray).
Immediate Signal ("SIG NOW"): Displays the current Buy, Sell, or Neutral status based on the combined trend and momentum rules, with color-coding (Green/Red/Gray).
Volume Alert ("ALERT"): Shows if there's a volume Spike, Dump, or None, with color-coding (Orange/Purple/Gray).
Long-Term Signals (LTS): Shows the Buy, Sell, or Neutral status calculated from each of the three chosen higher timeframes, including the price at which the signal occurred on that timeframe, with color-coding (Green/Red/Gray).
Essentially, this script combines short-term trend and momentum analysis with volume activity monitoring and longer-term perspective signals, presenting the information clearly on your chart and in a summary table for quick assessment. It also allows you to create TradingView alerts based on these signals.
How to Adjust the Script Settings
You can customize how this script works through its "Settings" panel in TradingView. Here’s a breakdown of each section:
1. Indicator Settings (Chart Timeframe)
These settings control the main calculations done on your current chart's timeframe.
MA Source: Choose which price point (Close, Open, High, Low, etc.) the moving averages should be based on. (Default: Close)
Short MA Period: Set the number of bars for the shorter-term moving average. A smaller number makes it react faster to price changes. (Default: 20)
Long MA Period: Set the number of bars for the longer-term moving average. A larger number shows a smoother, longer-term trend. (Default: 50)
RSI Source: Choose which price point the RSI momentum calculation should use. (Default: Close)
RSI Period: Set the number of bars for the RSI calculation. (Default: 14)
RSI Overbought Level: The RSI level above which the asset is considered potentially "Overbought". (Default: 70)
RSI Oversold Level: The RSI level below which the asset is considered potentially "Oversold". (Default: 30)
SIG NOW RSI Buy Min: The minimum RSI value required (along with price being above MAs) to trigger a "SIG NOW" Buy signal. (Default: 55)
SIG NOW RSI Sell Max: The maximum RSI value required (along with price being below MAs) to trigger a "SIG NOW" Sell signal. (Default: 45)
Volume Lookback (LBV): How many bars to look back to calculate the average volume for the Spike/Dump alerts. (Default: 3)
Volume MA Type: The type of averaging method used for the volume calculation (EMA is generally preferred for responsiveness). (Default: EMA)
2. Volume Alert Settings
These control how sensitive the Volume Spike/Dump alerts are.
Volume Alert Sensitivity: Choose a preset sensitivity level:
"Normal": Standard thresholds for spike/dump detection.
"Sensitive": Requires less deviation from the average volume to trigger an alert.
"Highly Sensitive": Triggers alerts on even smaller volume deviations.
"Custom": Ignores the presets and uses the manual multipliers below.
Custom Spike Multiplier (>1): (Only used if Sensitivity is "Custom") How many times greater than the average volume the current volume must be to trigger a SPIKE. (e.g., 1.5 means 50% higher).
Custom Dump Multiplier (<1): (Only used if Sensitivity is "Custom") How many times smaller than the average volume the current volume must be to trigger a DUMP. (e.g., 0.7 means 30% lower).
3. Long Term Signal (LTS) Settings
These settings control the calculations for the three independent Long-Term Signals, which look at higher timeframes.
LTS Timeframe 1/2/3: Select the higher timeframes (e.g., 'D' for Daily, 'W' for Weekly, 'M' for Monthly) for each of the three LTS calculations.
LTS BB Source: The price source used for the Bollinger Band calculation on the LTS timeframes. (Default: Close)
LTS BB Length: The period (number of bars on the LTS timeframe) used for the Bollinger Band calculation. (Default: 20)
LTS BB StdDev: The standard deviation multiplier for the Bollinger Bands used in the LTS calculation. (Default: 2.0)
4. Plotting Settings
These control what is visually displayed on the price chart itself.
Plot MAs?: Checkbox to show or hide the two moving average lines.
Plot SIG NOW Markers?: Checkbox to show or hide the green/red triangle Buy/Sell markers.
Plot ALERT Markers?: Checkbox to show or hide the "S" / "D" volume Spike/Dump labels.
Plot LTS Markers?: Checkbox to show or hide the long-term signal markers (circles, diamonds, squares).
Plot LTS Markers For: Dropdown to choose whether to show markers for only LTS TF1, TF2, TF3, or "All" of them.
5. Table Settings
These control the appearance and content of the summary table.
Show Status Table?: Checkbox to show or hide the entire summary table.
Table Position: Choose which corner or side of the chart the table should appear on.
Decimal Places (Non-Price): How many decimal places to show for values like the RSI number in the table.
Table Text Size: Adjust the font size inside the table cells.
Setting Up Alerts:
This script creates the conditions for alerts. To actually receive notifications:
Click the "Alert" button (clock icon) in TradingView's top toolbar or right-click on the chart.
In the "Condition" dropdown, select the script name ("Chart Plotter & Scanner Table V1").
You will see a list of available alert conditions created by the script (e.g., "SIG NOW Buy Alert", "RSI Overbought Alert", "LTS TF1 Buy Alert", etc.). Choose the one you want.
Configure the rest of the alert settings (Options, Actions, Message) as desired.
Click "Create". Repeat for any other signals you want alerts for.
By adjusting these settings, you can fine-tune the indicator to match your trading style, the specific asset you are analyzing, and the timeframes you are interested in.
Entropy Bands (TechnoBlooms)Entropy Bands — A New Era of Volatility and Trend Analysis
Entropy Bands is our next indicator as a part of the Quantum Price Theory (QPT) Series of indicators.
🧠 Overview
Entropy Bands are an advanced volatility-based indicator that reimagines traditional banded systems like Bollinger Bands.
Built on entropy theory, adaptive moving averages, and dynamic volatility measurement, Entropy Bands provide deeper insights into market randomness, trend strength, and breakout potential.
Instead of only relying on price deviation (like Bollinger Bands), Entropy Bands integrate chaos theory principles to create smarter, more responsive dynamic bands that adapt to real market behavior.
🚀Why is Entropy Bands Different — and Better
Dynamic Band Width : Adjusts using both entropy and ATR, creating smarter expansion/contraction.
Multi-Moving Average Core : Choose between SMA, EMA, or WMA for optimal centerline behavior.
Noise and Breakout Filtering : Filters fake breakouts by analyzing candle body size and entropy conditions.
Visual Clarity : Background and candle coloring highlight chaotic/noisy zones, trend zones, and breakout moments.
Entropy Bands don't just react to price — they analyze the underlying market behavior, offering superior decision-making signals.
📚 Watch Band Behavior:
Bands expand during volatility spikes or chaotic conditions.
Bands contract during low volatility or tight consolidation zones.
📚 Analyze Candle Coloring:
Green = Bullish breakout (closing above upper band).
Pink = Bearish breakout (closing below lower band).
Gray = Inside bands (neutral/random noise).
✨ Key Features of Entropy Bands:
Entropy-Based Band Width Calculation: A scientific edge over pure price deviation methods.
Dynamic Background Coloring: Highlights high entropy areas where randomness dominates.
Candle Breakout Coloring: Easy-to-spot trend breakouts and strength moves.
Multi-MA Flexibility: Adapt the bands’ core to trending, ranging, or volatile markets.
Body Size Filter: Protects against fake breakouts by requiring meaningful candle body moves.
NY Time Cycles# New York Time Cycles Indicator
## Overview
The Time Cycles indicator is a specialized technical analysis tool designed to divide the trading day into distinct time blocks based on New York trading hours. Developed for TradingView, this indicator helps traders identify and analyze market behavior during specific time periods throughout the trading session. The indicator displays six consecutive time blocks, each representing 90-minute segments of the trading day, while tracking price ranges within each block.
## Core Concept
The Time Cycles indicator is built on the premise that different periods during the trading day often exhibit unique market characteristics and behaviors. By segmenting the trading day into standardized 90-minute blocks, traders can:
1. Identify recurring patterns at specific times of day
2. Compare price action across different time blocks
3. Recognize potential support and resistance levels based on the high and low of previous time blocks
4. Develop time-based trading strategies specific to certain market hours
## Time Block Structure
The indicator divides the trading day into six sequential 90-minute blocks based on New York time:
1. **Box 1**: 07:00 - 08:30 ET
2. **Box 2**: 08:30 - 10:00 ET
3. **Box 3**: 10:00 - 11:30 ET
4. **Box 4**: 11:30 - 13:00 ET
5. **Box 5**: 13:00 - 14:30 ET
6. **Box 6**: 14:30 - 16:00 ET
These time blocks cover the core US trading session from pre-market into regular market hours.
## Visual Representation
Each time block is represented on the chart as a visual box that:
- Spans the exact time period of the block (horizontally)
- Extends from the highest high to the lowest low recorded during that time period (vertically)
- Is displayed with customizable colors and transparency levels
- Automatically builds in real-time as price action develops
Additionally, the indicator draws dashed projection lines that:
- Display the high and low of the most recently completed time block
- Extend forward in time (for up to 24 hours)
- Help traders identify potential support and resistance levels
## Technical Implementation
The indicator employs several key technical features:
1. **Time Detection**: Accurately identifies the current New York time to place each box in the correct time period
2. **Dynamic Box Creation**: Initializes and updates boxes in real-time as price action develops
3. **Range Tracking**: Continuously monitors and adjusts the high and low of each active time block
4. **Projection Lines**: Creates horizontal dashed lines projecting the high and low of the most recently completed time block
5. **Daily Reset**: Automatically resets all boxes and lines at the start of each new trading day
6. **Customization**: Allows users to set custom colors and transparency levels for each time block
This Time Cycles indicator provides traders with a structured framework for analyzing intraday market movements based on specific time periods. By understanding how the market typically behaves during each 90-minute block, traders can develop more targeted strategies and potentially identify higher-probability trading opportunities throughout the trading day.
[blackcat] L3 Cloud PioneerOVERVIEW
The L3 Cloud Pioneer indicator combines elements of the Ichimoku Kinko Hyo system with Donchian Channels to provide a robust trend-following tool. This enhanced version includes detailed trade signal labels and alerts, helping traders identify potential entry and exit points more clearly. By plotting dynamic cloud areas and providing visual cues, this indicator aids in making informed trading decisions 📊📉↗️.
FEATURES
Calculates key Ichimoku components using custom Donchian Channel logic:
Conversion Line (based on highest/highest values over specified periods).
Base Line.
Leading Spans.
Lagging Span 2.
Plots a dynamic cloud area between Leading Span 1 and Leading Span 2, colored based on trend direction 🎨.
Identifies trend changes and provides clear entry/exit signals:
LE: Long Entry (when trend turns bullish).
SE: Short Entry (when trend turns bearish).
XL: Exit Long (price crosses below Leading Span 1 during an uptrend).
RL: Re-enter Long (price crosses above Leading Span 1 during an uptrend).
XS: Exit Short (price crosses above Leading Span 1 during a downtrend).
RS: Re-enter Short (price crosses below Leading Span 1 during a downtrend).
Displays corresponding labels on the chart for easy visualization, complete with tooltips for additional information 🏷️.
Generates alerts for each signal event to keep users informed about potential trades 🔔.
Supports customizable input parameters for conversion line, base line, and lagging span periods ⚙️.
HOW TO USE
Add the indicator to your TradingView chart by selecting it from the indicators list.
Adjust the input parameters (Conversion Line Periods, Base Line Periods, Lagging Span 2 Periods) to fit your preferences.
Observe the plotted cloud and labels for trend direction and potential trade opportunities.
Set up alerts based on the generated signals to receive notifications when conditions are met 📲.
Combine this indicator with other tools for confirmation before making trading decisions.
DETAILED SIGNAL LOGIC
Trend Determination:
The script determines the trend direction by comparing leading_line1 and leading_line2.
If leading_line1 is above leading_line2, the trend is considered bullish (isBullish). Otherwise, it's bearish (isBearish).
Signal Conditions:
Long Entry (LE): Triggered when the trend turns bullish from bearish.
Short Entry (SE): Triggered when the trend turns bearish from bullish.
Exit Long (XL): Triggered when the price crosses below leading_line1 during an uptrend.
Re-enter Long (RL): Triggered when the price crosses above leading_line1 during an uptrend.
Exit Short (XS): Triggered when the price crosses above leading_line1 during a downtrend.
Re-enter Short (RS): Triggered when the price crosses below leading_line1 during a downtrend.
Label Styling:
Labels are color-coded for quick identification:
Green for long entries and re-entries.
Red for short entries and exits.
Blue for exiting long positions.
Orange for re-entering short positions.
Tooltips provide additional context for each label.
Alert Configuration:
Alerts are generated for each signal condition, ensuring traders are notified promptly.
Users can set up these alerts within TradingView by creating new alerts and selecting the appropriate conditions.
LIMITATIONS
The indicator may lag behind price action due to its use of moving averages and channel calculations 🕒.
False signals can occur in choppy or sideways markets 🌪️.
Users should always confirm signals with other forms of analysis.
NOTES
Ensure that you have sufficient historical data available for accurate calculations.
Test the indicator thoroughly on demo accounts before applying it to live trading 🔍.
Customize the appearance and parameters as needed to fit your trading strategy.
For better risk management, consider integrating stop-loss and take-profit levels into your trading plan.
To optimize performance, manage old labels by deleting them after a certain period to avoid clutter on the chart.
ian_Trado v15 Trend Entry Filter# 📈 ian_Trado v15 Trend Entry Filter (Pine Script v6)
The **ian_Trado v15** is a multi-factor **trend confirmation filter** for NASDAQ (NAS100), Dow Jones (DJ30), Gold (XAU), DAX, and USDJPY.
It combines **EMA structure**, **Donchian channel breakout**, **MACD histogram momentum**, **Volume confirmation**, and a **Range Compression Filter** to avoid entering during choppy or sideways markets.
✅ Designed for **bot deployment** (e.g., grid bots, long/short breakout bots) or **manual trading**.
---
## 🔍 How This Filter Works:
1. **EMA Trend Confirmation**
- Long Trend: EMA(1) > EMA(5) > EMA(60)
- Short Trend: EMA(1) < EMA(5) < EMA(60)
2. **Donchian Channel Width Expansion**
- Only allows trades when the **breakout width** exceeds a minimum threshold.
3. **MACD Histogram Slope Filter (Optional)**
- Confirms momentum building in the direction of the trend.
- Strict Mode: MACD histogram must consistently rise or fall over 3 bars.
4. **Volume Filter (Optional)**
- Ensures volume supports the move (filters out weak conditions).
5. **Range Compression Filter (Optional)**
- Avoids entries during sideways chop.
6. **Cooldown Control**
- Limits overtrading by requiring spacing between entries.
7. **Exit Conditions**
- Gray dot appears when trending conditions are no longer valid.
---
## ⚙️ Settings Explained:
| Setting | Description |
|:--------|:------------|
| **Cooldown Bars** | Minimum bars between consecutive entries |
| **Profit Target (%)** | Visual profit marker for exit tracking |
| **Donchian Channel Length** | Lookback period for detecting breakout width |
| **Minimum Donchian Width** | Threshold to confirm meaningful breakouts |
| **Volume Lookback Period** | Average volume validation window |
| **Box Range (Range Compression)** | Max allowed price range over lookback bars |
| **Range Compression Bars** | Number of bars to check for range compression |
| **Strict MACD Filter** | Use stricter MACD slope checks |
---
## 📊 Recommended Settings by Instrument (1H Chart):
| Asset | Min Donchian Width | Range Compression | Profit Target |
|:------|:-------------------|:------------------|:--------------|
| **NAS100** (Nasdaq) | 300–450 pts | 400 pts / 40 bars | 1.5% |
| **DJ30** (Dow Jones) | 400–600 pts | 500 pts / 40 bars | 1.0–1.5% |
| **XAU/USD** (Gold) | 10–15 pts | 8 pts / 30 bars | 0.8–1.2% |
| **DAX40** (Germany) | 200–300 pts | 250 pts / 40 bars | 1.0% |
| **USD/JPY** (Forex) | 0.5–0.8 pts | 0.4 pts / 40 bars | 0.5–0.8% |
---
## 🔔 Alerts Available:
- Long Entry
- Short Entry
- Exit Zone
> **Note:** Volume filter may be disabled if volume is unreliable (e.g., some forex pairs).
---
## 📅 Version:
- **ian_Trado v15** — April 2025
- Built with **Pine Script v6** for maximum stability
- Clean toggling and plotting logic (no `na` errors)
Multi-Timeframe Closures with Signals month week dayMulti-Timeframe Price Anchoring Indicator (Monthly, Weekly, Daily)
This indicator provides a powerful visual framework for analyzing price action across three major timeframes: monthly, weekly, and daily. It plots the closing prices of each timeframe directly on the chart to help traders assess where current price stands in relation to significant historical levels.
🔍 Core Features:
Monthly, Weekly, and Daily Close Lines: Automatically updated at the start of each new period.
Color-coded Price Anchors: Each timeframe is visually distinct for fast interpretation.
Multi-timeframe Awareness: Helps you identify trend alignment or divergence across different time horizons.
Long & Short Bias Signals: The script can optionally display long or short suggestions based on where the current price stands relative to the anchored closing prices.
📈 How to Use:
Trend Confirmation: If price is consistently above all three levels, it signals a strong bullish trend (potential long bias). If it’s below, the opposite applies (short bias).
Reversal or Pullback Zones: When price becomes extended far above/below the monthly and weekly closes, it may suggest overbought/oversold conditions and the possibility of a reversal or retracement.
Intraday Alignment: Useful for traders who want to enter positions on lower timeframes while being aware of higher timeframe trends.
This indicator is ideal for swing traders, day traders, and position traders who want to anchor their decisions to meaningful multi-timeframe reference points.
Global M2 Money Supply Top20 + Offset & WaveThe M2 Top20 is a global aggregation of the M2 money supply from the 20 largest economies in the world , providing a comprehensive view of the total liquidity in the global financial system. It is expressed in trillions of USD.
This script calculates and visualizes the M2 Money Supply of the Top 20 Global Economies, adjusted to various timeframes (4H, 1D, 1W, 1M) with customizable offset adjustments (in days) from -1000 days to +1000 days. This indicator includes data from the Americas, Europe, Africa, and the Asia Middle East , offering a diverse and balanced representation of major economic regions. The M2 of each country has been converted to USD.
Additionally, the user can set a minimum and maximum offset to create a wave around the main offset and expand the comparison.
Combining these options, this indicator enables users to visualize a range of the global money supply, making it useful for market analysis, economic forecasting, and understanding macroeconomic trends. This indicator is particularly valuable for traders and analysts interested in understanding the dynamics of global monetary systems and their potential impact on financial markets.
Key Features:
Global M2 Money Supply calculation from the Top 20 Economies.
Adjustable Offset: Adjust the offset to align the indicator with the best bar. Adjustment in days, usable on different timeframes (1D, 1W, 4H, 1M).
Wave Projection: Displays a "probability cloud"—a smoothed area that shows the probable path of Bitcoin, derived from shifts in global liquidity.
Min/Max Offset Adjustments: Customizable offsets allow you to determine the range of future windows, helping to shape the wave and better identify liquidity-driven turning points.
Use Cases:
Economic Forecasting: Identify trends in global money supply and their potential market impact (e.g., historically leads Bitcoin price by +/- 78 days to +/-108 days).
Market Analysis: Track the growth or contraction of money supply across key economies.
Macro-Economic Analysis: Understand the relationship between monetary policies and market performance.
How to use:
Add the indicator to your chart.
Set the timeframe to 1D to customize the offset.
Set the Offset (in days).
Set the Offset Range Minimum and Maximum.
Show/Hide the Range Wave
.
Use offset = 0 to have the indicator align directly with the current data, without any shift, providing a baseline for comparison with the most recent market conditions.
Countries included in the M2 Top20:
China (CN), Japan (JP), South Korea (KR), Hong Kong (HK), Taiwan (TW), India (IN), Saudi Arabia (SA), Thailand (TH), Vietnam (VN), United Arab Emirates (AE), Malawi (MW) – Africa, United States (US), Canada (CA), Brazil (BR), Mexico (MX), Eurozone (EU), United Kingdom (GB), Russia (RU), Poland (PL), Switzerland (CH).
These countries were selected from the ranking of the World Economy Indicator of Trading View .
Weekly Open Range [BigBeluga]
A precision weekly range tracker that captures early market positioning from the first moments of the trading week.
By dynamically measuring the highest and lowest points from the first three candles after the Sunday 21:00 UTC open, the indicator builds a reactive support and resistance framework for the week ahead.
It also visualizes the active range with a dynamic box and provides live updates of the current price movement against the established range boundaries.
🔵 KEY FEATURES
Automatically marks the weekly open range starting at Sunday 21:00 UTC .
Identify maximum high and minimum low from the first 3 candles after the weekly open.
if isWeeklyOpen or isWeeklyOpen or isWeeklyOpen or isWeeklyOpen
h = math.max(high, range_box.get_top())
l = math.min(low, range_box.get_bottom())
Draws two horizontal lines from the range extremes, acting as dynamic support/resistance zones throughout the week.
Visualizes the range with a semi-transparent box for clear zone identification.
Includes a compact dashboard panel with:
- Symbol and current price with bullish or bearish bar indication with ▲ / ▼
- Current weekly high/low range values
🔵 USAGE
Treat the high and low of the range as support/resistance zones for the week.
Combine with volume analysis or liquidity tools for entry confirmation .
Refresh your key levels every week as the indicator resets each Sunday night .
Works great alongside Smart Money Concepts (ICT) strategies and weekly planning.
Weekly Open Range gives traders a reliable structure to anchor their week. With clear range mapping, breakout signals, and intuitive visuals, it becomes a valuable part of any strategic trading approach—especially when precision timing around liquidity zones is key.
Smart Breakout with ATR Stop-LossThe Smart Breakout indicator combines a classic 20-day Donchian channel breakout with a tight trailing stop, drawing green lines and “ENTRY” labels at the bar after a valid breakout, and red lines and “EXIT” label at the bar after a stop-loss breach.
By default it uses the chart’s timeframe to compute ATR and stops, but you can flip on Daily lock to freeze both ATR and price reads at the daily resolution—so your stops stay the same whether you view at 1s, 15 m, 4h or lower frequency bars.
Key features:
20-day Donchian breakout: entry when price closes above the highest high of the previous 20 bars
2 × ATR(14) trailing stop: initialized at entry and raised only when the new (close – 2 × ATR) exceeds the prior stop
Daily lock option: Ensures all ATR and close values are calculated on the daily timeframe, keeping stop levels consistent across resolutions
[blackcat] L3 Hull SeekerOVERVIEW
The L3 Hull Seeker is a comprehensive trading indicator that combines Hull Moving Average (HMA) analysis with robust position management and risk control features. This script is designed to help traders identify potential entry and exit points while maintaining strict risk management protocols.
KEY FEATURES
• Hull MA Analysis:
Advanced Hull Moving Average calculations
Separate Hull MA lines for Close and Open prices
Visual color coding for trend direction
Customizable length parameter for flexibility
• Position Tracking:
Real-time monitoring of long and short positions
Maximum position limit control
Clear position status indicators on chart
• Risk Management System:
User-defined Take Profit percentage
User-defined Stop Loss percentage
Optional activation of TP/SL features
Dynamic label markers for important levels
• Alert System:
Buy/Sell entry alerts
Take Profit/Stop Loss exit alerts
Position status changes
HOW TO USE
Setup Initial Parameters:
Hull MA Length: Adjust based on your trading timeframe
Take Profit Percentage: Set according to your risk tolerance
Stop Loss Percentage: Define your maximum acceptable loss
Enable/Disable Features:
Toggle Take Profit/Stop Loss options as needed
Adjust alert conditions for your trading style
Monitor Trading Signals:
Watch for crossover/crossunder signals
Track position status through labels
Monitor entry and exit alerts
Manage Risk:
Use TP/SL features to control position size
Monitor pyramiding limits
Review position status regularly
TRADE MANAGEMENT
• Entry Conditions:
Long Entry: HullMA_close crosses above HullMA_open
Short Entry: HullMA_close crosses below HullMA_open
• Exit Conditions:
Take Profit: Price reaches defined percentage above/below entry
Stop Loss: Price reaches defined percentage below/above entry
• Position Control:
Limited to one position at a time
Automatic position tracking
Clear visual indication of current trades
TECHNICAL DETAILS
• Hull MA Calculation:
Uses WMA (Weighted Moving Average) for precise calculations
Optimized for trend-following strategies
Smoothed Hull MA lines for better readability
• Label System:
Clear buy/sell markers
Take Profit and Stop Loss indicators
Real-time position status updates
• Alert Configuration:
Customizable alert messages
Multiple alert conditions
Option to enable/disable specific alerts
LIMITATIONS
⚠️ Important Considerations:
Results may vary across different market conditions
Historical performance does not guarantee future results
Always backtest strategy before live trading
Consider complementing with additional analysis tools
BEST PRACTICES
• Recommended Timeframes:
Daily charts for long-term strategies
4-hour charts for swing trading
1-hour charts for short-term trading
• Risk Management Tips:
Start with small position sizes
Always use TP/SL in live trading
Monitor market volatility before entering trades
TROUBLESHOOTING
• Common Issues:
Ensure proper chart resolution
Verify alert conditions are enabled
Check for conflicting indicators
• Performance Optimization:
Use appropriate timeframe for your strategy
Adjust indicator parameters based on market conditions
Monitor for potential overfitting
Bollinger Free BarsIdentify Extreme Price Actions with Non-Overlay Visualization
Core Functionality
This indicator detects two types of Bollinger Band breakout patterns without cluttering your chart:
1 ️⃣ Half Breakout Bar (Blue Triangles)
- Triggers when both open & close prices are outside the Bollinger Bands
- Suggests strong directional momentum continuation
2 ️⃣ Complete Breakout Bar (Red Flags)
- Activates when entire price action (including wicks) stays outside the bands
- Signals extreme volatility exhaustion points
Feature Highlights
◾ Smart Band Display
Translucent bands (#2196F3 & #FF9800 with 70% transparency) maintain chart clarity while showing dynamic volatility ranges
◾ Parameter Customization
- Adjustable period (default 20) & deviation multiplier (default 2.0)
- Selectable price source (close/open/high/low)
◾ Statistical Validation
Based on Bollinger Band's 95.4% price containment principle, signals filter out 4.6% extreme market conditions for high-probability scenarios.
Recommended Usage
1. Combine with volume analysis (significant breakout with high volume increases signal reliability)
2. Confirm with trend lines or RSI divergence
3. Adjust transparency via "Style" tab for multi-indicator layouts
Code Safety
- No repainting: All calculations use historical price data only
- No external network requests
- Open-source logic compliant with Pine Script v6 standards
Disclaimer
This tool is for technical analysis education only. Past performance doesn't guarantee future results. Always validate signals with fundamental analysis and proper risk management.
Market Structure Confluence [AlgoAlpha]OVERVIEW
This script is called "Market Structure Confluence" and it combines classic market structure analysis with a dynamic volatility-based band system to detect shifts in trend and momentum more reliably. It tracks key swing points (higher highs, higher lows, lower highs, lower lows) to define the trend, then overlays a basis and ATR-smoothed volatility bands to catch rejection signals and highlight potential inflection points in the market.
CONCEPTS
Market structure is the foundation of price action trading, focusing on the relationship between successive highs and lows to understand trend conditions. Break of Structure (BOS) and Change of Character (CHoCH) events are important because they signal when a market might be shifting direction. This script enhances traditional structure by integrating volatility bands, which act like dynamic support/resistance zones based on ATR, allowing it to capture momentum surges and rejections beyond just structural shifts.
FEATURES
Swing Detection: It detects and labels Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL) based on user-defined time horizons, helping traders quickly spot the trend direction.
BOS and CHoCH Lines: When a previous swing point is broken, the script automatically plots a Break of Structure (BOS) line. If the break represents a major trend reversal (a CHoCH), it is marked differently to separate simple breakouts from real trend changes.
Rejection Signals: Special arrows plot when price pierces a band and then pulls back, suggesting a potential trap move or rejection signal in the direction of the new structure.
Alerts: Built-in alerts for structure breaks, CHoCHs, swing points, rejections at bands, and trend flips make it easy to automate setups without manually watching the chart.
USAGE
Set your preferred swing detection size depending on your timeframe and trading style — smaller numbers for intraday, larger numbers for swing trading. Choose whether you want BOS/CHoCH confirmed by candle closes or by wick breaks. Use the volatility band settings to fine-tune how tightly or loosely the bands hug the price, adjusting sensitivity based on market conditions. When a BOS or CHoCH occurs, or when a rejection happens at the bands, the script will highlight it clearly and optionally trigger alerts. Watch for combinations where both structure breaks and volatility band rejections happen together — those are high-quality trade signals. This setup works best when used with basic trend filtering and higher timeframe confirmation.
MA Dashboard (NAPC Histogram Table) MADashV1MA Dashboard (MAPC Histogram Table) MADashV1 - User Guide
1. Introduction & Purpose
The "MA Dashboard (MADashV1)" indicator is a tool for TradingView designed to give you a quick, comprehensive overview of how the current price relates to multiple Moving Averages (MAs). It displays key information in a convenient table and provides a visual histogram in a separate pane below your main price chart.
Its main goals are:
To monitor up to six different MAs simultaneously without cluttering your main chart.
To instantly see if the price is currently above or below each MA ("Status").
To show the actual value of each MA ("MA$").
To identify the price level of the most recent price crossover for each MA within a specific lookback period (" TSX:XMA ").
To quantify the exact difference between the current price and each MA ("MAPC" - Moving Average Price Crossover/Difference).
To visualize the MAPC of one selected MA as a histogram for quick momentum assessment.
To optionally plot the historical MAPC values as lines in the histogram pane.
2. Key Features
Configurable MAs: Set up to 6 independent Moving Averages. For each, you can choose:
Type (SMA, EMA, WMA, RMA)
Length (Period)
Source (Close, Open, High, Low, etc.)
Color (Used for identification in the table)
Informative Table: A dashboard summarizing all configured MAs, showing:
MA Number (1-6)
Type & Length settings
Current MA Value (MA$)
Price Status relative to MA (Bullish/Bearish/Neutral)
Last Crossover Price ( TSX:XMA ) with color-coded background (Green=Up, Red=Down)
Price Difference from MA (MAPC) with color-coded text (Green=Positive, Red=Negative)
MAPC Histogram: Plotted in a separate pane, showing the difference between the price and one user-selected MA.
Green bars indicate the price is above the selected MA.
Red bars indicate the price is below the selected MA.
The height of the bars shows the magnitude of the difference.
Optional MAPC Lines: Plot the historical MAPC values for any of the 6 MAs as lines directly on the histogram pane for comparison.
Customizable Appearance: Control the table's position, colors (background, text, header, border), border size, and text size.
Flexible Formatting: Adjust the number of decimal places displayed for price values and MAPC values.
Crossover Lookback: Define how many bars back the indicator should look for the last price crossover ( TSX:XMA ).
3. How It Works (Simplified)
MA Calculation: The indicator calculates the value of each enabled Moving Average based on your chosen settings (Type, Length, Source).
Status Check: For each MA, it compares the current price (from the MA's Source setting) to the MA's calculated value. If the price is higher, the status is "Bullish"; if lower, "Bearish"; if equal, "Neutral".
MAPC Calculation: It simply subtracts the MA's value from the current price (Price - MA Value). This gives the raw price difference, shown in the MAPC column.
TSX:XMA Calculation: It looks back over the number of bars you specified ("Crossover Lookback Bars"). It finds the most recent instance where the price crossed either above or below the MA within that lookback period. It then records the price at which that specific crossover occurred and displays it in the TSX:XMA column. The background color indicates if the last cross within the lookback was upwards (green) or downwards (red). If no cross occurred within the lookback, it shows "N/A".
Histogram: It takes the MAPC value (Price - MA Value) calculated for the single MA you selected in the "Histogram Source MA" setting and plots it as a bar for each candle.
4. Indicator Components
Histogram Pane: This appears below your main price chart.
Histogram Bars: Visual representation of the MAPC for the selected MA.
Zero Line: A horizontal line indicating where the price is exactly equal to the selected MA.
(Optional) MAPC Lines: Lines showing the historical MAPC values for any MAs you choose to plot.
Information Table: Displayed on top of the Histogram Pane (or wherever you position it). This is the main dashboard showing the data for all enabled MAs.
5. Configuration Settings (Inputs)
When you add the indicator to your chart, you'll see these settings:
General Settings:
Show Info Table: Turn the table display on or off.
Table Horizontal/Vertical Position: Choose where the table appears (Top/Middle/Bottom, Left/Center/Right).
Table BG Color, Table Text Color, Table Header Color: Customize the table's colors.
Table Border Size, Table Border Color: Adjust the table's border.
Text Size: Change the font size within the table.
Formatting:
Price Decimals: Set how many decimal places to show for MA values (MA$) and crossover prices ( TSX:XMA ). "Default" uses the chart's setting.
MAPC Decimals: Set how many decimal places to show for the MAPC column values.
Crossover Settings:
Crossover ( TSX:XMA ) Lookback Bars: How many past bars to check for the last price/MA crossover. A smaller number focuses on recent crosses.
Histogram Settings:
Show Histogram Pane: Turn the entire histogram pane (including bars and lines) on or off.
Histogram Source MA: Crucial setting! Select which MA (MA1 to MA6) will be used to generate the histogram bars.
Histogram Positive/Negative Color: Choose the colors for the histogram bars when the price is above (positive) or below (negative) the selected MA.
Plot MAPC Line 1 to Plot MAPC Line 6: Check these boxes to draw the historical MAPC value for the corresponding MA as a line on the histogram pane.
MA 1 to MA 6 Settings:
Enable MA X: Turn each specific MA on or off. If off, it won't be calculated or shown in the table.
Type: Select the calculation type (SMA, EMA, etc.).
Length: Set the period for the MA.
Source: Choose the price data used for the MA calculation (Close, Open, High, Low, hl2, etc.).
Color: Select a color for this MA. This color is used as the background for the MA number in the first column of the table for easy identification.
Style, Width: These primarily affect how the MA would look if plotted on the main chart (which this indicator doesn't do by default), but the Width setting is not used in the table or histogram pane.
6. How to Interpret the Output
Table:
MA, Type, Len: Reminders of your settings for each row.
MA$: The current calculated value of that Moving Average.
Status: Quickly see if the price is currently bullish (above) or bearish (below) relative to that specific MA. Look for confluence (multiple MAs showing the same status). Text color matches MAPC (Green=Bullish, Red=Bearish).
TSX:XMA : Shows the price level of the last crossover within your lookback period. The background color tells you the direction of that cross (Green = Price crossed UP, Red = Price crossed DOWN). Useful for identifying potential support/resistance levels based on recent crosses. "N/A" means no cross occurred within the lookback.
MAPC: Shows the exact price difference between the source price and the MA. A large positive number means the price is significantly above the MA; a large negative number means it's significantly below. The text color indicates the direction (Green = Price > MA, Red = Price < MA). Useful for gauging the strength of deviation from the MA.
Histogram:
Focus on the MA selected in Histogram Source MA.
Bars above Zero: Price is above the selected MA (Bullish). Taller bars mean a larger difference.
Bars below Zero: Price is below the selected MA (Bearish). Longer bars (downwards) mean a larger difference.
Crossing the Zero Line: Indicates the price is crossing the selected MA.
Trend/Momentum: Observe if the histogram bars are generally staying positive or negative, and if their height/length is increasing or decreasing, which can indicate strengthening or weakening momentum relative to that MA.
MAPC Lines (if enabled):
Compare the lines to each other and the zero line. See how the price difference for different MAs has evolved over time. For example, you could plot a short-term MAPC line and a long-term MAPC line to see how they diverge or converge.
7. Potential Use Cases
Trend Confirmation: Check if the price is consistently above (bullish) or below (bearish) multiple MAs according to the "Status" column.
Momentum Gauge: Use the Histogram height/depth or the MAPC values to see how far the price is deviating from key MAs. Increasing deviation might suggest strong momentum, while decreasing deviation might suggest consolidation or reversal potential.
Crossover Signals: Use the " TSX:XMA " column's background color to quickly spot recent crossovers within your defined lookback. Note the price level ( TSX:XMA value) where it happened.
Dynamic Support/Resistance: The current "MA$" values act as potential dynamic support (if price is above) or resistance (if price is below). The " TSX:XMA " price shows where recent interactions occurred.
Comparing MA Relationships: Enable MAPC lines for different MAs (e.g., a fast MA and a slow MA) to visualize how their distance from the price changes relative to each other.
8. Important Notes
This indicator plots in a separate pane (overlay=false), not directly on your price chart.
The MA lines themselves are not plotted on the main chart by default, although the plotting code exists internally. The focus is on the table and histogram data.
MAPC shows the absolute price difference, not a percentage difference.
The usefulness of the " TSX:XMA " column depends heavily on the "Crossover Lookback Bars" setting.
This guide should help you understand and effectively use the MA Dashboard (MADashV1) indicator. Remember to experiment with the settings to tailor it to your specific trading style and the assets you trade.
Anchored Bollinger Band Range [SS]This is the anchored Bollinger band indicator.
What it does?
The anchored BB indicator:
Takes a user defined range and calculates the Standard Deviation of the entire selected range for the high and low values.
Computes a moving average of the high and low during the selected period (which later becomes the breakout range average)
Anchors to the last high and last low of the period range to add up to 4 standard deviations to the upside and downside, giving you 4 high and low targets.
How can you use it?
The anchored BB indicator has many applicable uses, including
Identifying daily ranges based on premarket trading activity ( see below ):
Finding breakout ranges for intraday pattern setups ( see below ):
Identified pattern of interest:
Applying Anchored BB:
Identifying daily or pattern biases based on the position to the opening breakout range average (blue line). See the examples with explanations:
ex#1:
ex#2:
The Opening Breakout Average
As you saw in the examples above, the blue line represents the opening breakout range average.
This is the average high of the period of interest and the average low of the period of interest.
Price action above this line would be considered Bullish, and Bearish if below.
This also acts as a retracement zone in non-trending markets. For example:
Best Use Cases
Identify breakout ranges for patterns on larger timeframes. For example
This pattern on SPY, if we overlay the Anchored BB:
You want to see it actually breakout from this range and hold to confirm a breakout. Failure to exceed the BB range, means that it is just ranging with no real breakout momentum.
Identify conservative ranges for a specific period in time, for example QQQ:
Worst Use Cases
Using it as a hard and fast support and resistance indicator. This is not what it is for and ranges can be exceeded with momentum. The key is looking for whether ranges are exceeded (i.e. high momentum, thus breakout play) or they are not (thus low volume, rangy).
Using it for longer term outlooks. This is not ideal for long term ranges, as with any Bollinger/standard deviation based approach, it is only responsive to CURRENT PA and cannot forecast FUTURE PA.
User Inputs
The indicator is really straight forward. There are 2 optional inputs and 1 required input.
Period Selection: Required. Selects the period for the indicator to perform the analysis on. You just select it with your mouse on the chart.
Visible MA: Optional. You can choose to have the breakout range moving average visible or not.
Fills: Optional. You can choose to have the fills plotted or not.
And that is the indicator! Very easy to use and hope you enjoy and find it helpful!
As always, safe trades everyone! 🚀
Weekday Colors with Time Highlighting by NabojeetThis script is a Pine Script (version 6) indicator called "Weekday Colors with Time Highlighting" designed for TradingView charts. It has several key functions:
1. **Weekday Color Coding**:
- Assigns different background colors to each trading day (Monday through Friday)
- Allows users to customize the color for each day
- Includes toggles to enable/disable colors for specific days
2. **Time Range Highlighting**:
- Highlights a specific time period (e.g., 18:15-18:30) on every trading day
- Uses a custom color that can be adjusted by the user
- The time range is specified in HHMM-HHMM format
3. **High/Low Line Drawing**:
- Automatically identifies the highest high and lowest low points within the specified time range
- Draws horizontal lines at these levels when the time period ends
- Lines extend forward in time to serve as support/resistance references
- Users can customize the line color, width, and style (solid, dotted, or dashed)
The script is organized into logical sections with input parameters grouped by function (Weekday Colors, Weekday Display, Time Highlighting, and Horizontal Lines). Each section's inputs are customizable through the indicator settings panel.
This indicator would be particularly useful for traders who:
- Want visual distinction between different trading days
- Focus on specific time periods each day (like market opens, closes, or specific sessions)
- Use intraday support/resistance levels from key time periods
- Want to quickly identify session highs and lows
The implementation resets tracking variables at the beginning of each new time range and draws the lines once the time period ends, ensuring accurate high/low marking for each day's specified time window.
Author - Nabojeet
Tango Rocket velas 1.3Tango Rocket Indicator:
Daily Volatility Range Projection
This indicator identifies the 3 largest-bodied candles from the last N daily bars and calculates a projected price range centered on the current day’s opening price. The projected channel is displayed for the current day and past days, helping visualize potential daily movement and historical volatility patterns.
SPY 0DTE Scalper - Auto AlertsTimeframes:
Main chart: 1-minute (for precision entries)
Confirmations: 3-minute or 5-minute (to avoid fakeouts)
Indicators I Use:
VWAP – Orange line → Institutional fair value
EMA 9 – Green line → Short-term momentum
EMA 21 – Red line → Trend filter
Custom Pullback Signal Script – Marks buy/sell/pullback signals with labels (triangles)
Above VWAP = Bullish Bias
Below VWAP = Bearish Bias
Institutions treat this as the "fair price" — so I do too.
EMA 9 (Green):
If price hugs or bounces off EMA 9 = 🔥 strong continuation move.
I use this as my guide for momentum.
EMA 21 (Red):
Great for trend confirmation.
Above EMA 21 = Trend building to the upside.
Below EMA 21 = Weakness or possible reversal.
💸 Step 3: How I Read the Signals
✅ BUY Signal:
Price breaks above VWAP with volume 1.5x+ average
Candle must close strong (not a wickfest)
EMA 9 becomes my trailing stop for the move
🚨 SELL Signal:
Price breaks below VWAP with strong volume
Clean body close below → momentum shift to the downside
EMA 9 again = trailing resistance guide
🔵 Pullback Long (Blue Triangle Under Candle):
Bullish continuation entry
Price pulls back to EMA 9 or 21, but stays above VWAP
Low-risk re-entry after a breakout
🟣 Pullback Short (Purple Triangle Above Candle):
Bearish continuation entry
Price retraces into EMA 9, but stays below VWAP & EMA 21
Ideal for catching second legs after breakdowns
Custom Opening Range - CommoditiesThe Custom Opening Range Indicator for Commodities is designed for instruments that trade nearly 24 hours, such as crude oil or natural gas. It allows traders to define the Opening Range based on Indian Standard Time (IST)—typically starting at 3:30 AM IST, which aligns with the global commodities market open. Users can customize both the start time and duration of the range (e.g., 5, 15, or 30 minutes). The indicator dynamically plots the high and low of this range and shades the area between them, providing a clear visual reference for breakout or reversal setups during the rest of the trading session.
Euclidean VWATROverview
Dual-Centroid ATR Cluster Bands is an on-chart indicator that dynamically clusters price around two evolving centroids and builds volatility-based bands around each. By combining an online Euclidean update with average true range (ATR) and volume weighting, it creates two adaptive support/resistance zones and highlights which cluster price belongs to on each bar.
Key Features
- Two adaptive centroids that move toward price based on proximity and volume
- ATR-based upper and lower bands around each centroid to show volatility zones
- Volume weighting so high-volume bars shift centroids faster
- Background shading to show whether the current bar belongs to the red or green cluster
- Optional breakout flags for when price crosses each band (not tied to automated entries or exits)
Inputs
Learning Rate: speed at which centroids adapt to new price (0–1). Default = 0.025
Init Centroid 1 / Init Centroid 2: starting value for each centroid (0 uses the first bar’s close). Default = 0.0
ATR Length: lookback period for ATR calculation. Default = 14
ATR Band Multiplier: multiple of ATR used for upper and lower bands. Default = 1.5
Volume SMA Length: lookback period for smoothing volume to compute relative weight. Default = 20
Interpretation & Usage
- Trend vs. mean-reversion: price oscillating inside a colored zone suggests mean-reversion to that centroid.
- Equilibrium shifts: a move toward the midpoint between centroids may signal a cluster change.
- Breakout signals: use price crosses of the ATR bands as potential momentum entries (combine with volume or other filters).
- Dynamic support/resistance: treat the centroids and their bands as floating levels that adapt to market conditions.
- Volume sensitivity: high-volume moves will pull the centroids more strongly, making zones more responsive during heavy trading.
Recommended Tips
- Increase Learning Rate for faster adaptation in volatile markets.
- Raise ATR Band Multiplier in choppy conditions to reduce false breakouts.
- Adjust Volume SMA Length to emphasize recent or longer-term volume trends.
- Combine with other indicators (pivot points, VWAP, trend filters) for filtered entries.
