Inizia

Candlestick analysis

Trading Value RSI (NQ Tuned)The Trading Value RSI (NQ Tuned) is an indicator that applies the RSI calculation to trading value, defined as volume × close, rather than just price. It is specifically tuned for Nasdaq 100 futures (NQ), with a default RSI length of 24, overbought level at 75, and oversold level at 25 to filter out false signals from high volatility. The indicator visually colors the RSI line based on overbought (red), oversold (green), or neutral (blue) conditions. A horizontal midline at 50 helps identify potential trend direction changes or confirm ongoing momentum. This tool allows traders to monitor capital flow intensity, giving insight into when strong buying or selling pressure may drive short-term market moves.
Indicatore Pine Script®
di amkode
Market Regime# MARKET REGIME IDENTIFICATION & TRADING SYSTEM ## Complete User Guide --- ## 📋 TABLE OF CONTENTS 1. (#overview) 2. (#regimes) 3. (#indicator-usage) 4. (#entry-signals) 5. (#exit-signals) 6. (#regime-strategies) 7. (#confluence) 8. (#backtesting) 9. (#optimization) 10. (#examples) --- ## OVERVIEW ### What This System Does This is a **complete market regime identification and trading system** that: 1. **Identifies 6 distinct market regimes** automatically 2. **Adapts trading tactics** to each regime 3. **Provides high-probability entry signals** with confluence scoring 4. **Shows optimal exit points** for each trade 5. **Can be backtested** to validate performance ### Two Components Provided 1. **Indicator** (`market_regime_indicator.pine`) - Visual regime identification - Entry/exit signals on chart - Dynamic support/resistance - Info tables with live data - Use for manual trading 2. **Strategy** (`market_regime_strategy.pine`) - Fully automated backtestable version - Same logic as indicator - Position sizing and risk management - Performance metrics - Use for backtesting and automation --- ## THE 6 MARKET REGIMES ### 1. 🟢 BULL TRENDING **Characteristics:** - Strong uptrend - Price above SMA50 and SMA200 - ADX > 25 (strong trend) - Higher highs and higher lows - DI+ > DI- (bullish momentum) **What It Means:** - Market has clear upward direction - Buyers in control - Pullbacks are buying opportunities - Strongest regime for long positions **How to Trade:** - ✅ **BUY dips to EMA20 or SMA20** - ✅ Enter when RSI < 60 on pullback - ✅ Hold through minor corrections - ❌ Don't short against the trend - ❌ Don't sell too early **Expected Behavior:** - Pullbacks are shallow (5-10%) - Bounces are strong - Support at moving averages holds - Volume increases on rallies --- ### 2. 🔴 BEAR TRENDING **Characteristics:** - Strong downtrend - Price below SMA50 and SMA200 - ADX > 25 (strong trend) - Lower highs and lower lows - DI- > DI+ (bearish momentum) **What It Means:** - Market has clear downward direction - Sellers in control - Rallies are selling opportunities - Strongest regime for short positions **How to Trade:** - ✅ **SELL rallies to EMA20 or SMA20** - ✅ Enter when RSI > 40 on bounce - ✅ Hold through minor bounces - ❌ Don't buy against the trend - ❌ Don't cover shorts too early **Expected Behavior:** - Rallies are weak (5-10%) - Selloffs are strong - Resistance at moving averages holds - Volume increases on declines --- ### 3. 🔵 BULL RANGING **Characteristics:** - Bullish bias but consolidating - Price near or above SMA50 - ADX < 20 (weak trend) - Trading in range - Choppy price action **What It Means:** - Uptrend is pausing - Accumulation phase - Support and resistance zones clear - Lower volatility **How to Trade:** - ✅ **BUY at support zone** - ✅ Enter when RSI < 40 - ✅ Take profits at resistance - ⚠️ Smaller position sizes - ⚠️ Tighter stops **Expected Behavior:** - Range-bound oscillations - Support bounces repeatedly - Resistance rejections common - Eventually breaks higher (usually) --- ### 4. 🟠 BEAR RANGING **Characteristics:** - Bearish bias but consolidating - Price near or below SMA50 - ADX < 20 (weak trend) - Trading in range - Choppy price action **What It Means:** - Downtrend is pausing - Distribution phase - Support and resistance zones clear - Lower volatility **How to Trade:** - ✅ **SELL at resistance zone** - ✅ Enter when RSI > 60 - ✅ Take profits at support - ⚠️ Smaller position sizes - ⚠️ Tighter stops **Expected Behavior:** - Range-bound oscillations - Resistance holds repeatedly - Support bounces are weak - Eventually breaks lower (usually) --- ### 5. ⚪ CONSOLIDATION **Characteristics:** - No clear direction - Range compression - Very low ADX (< 15 often) - Price inside tight range - Neutral sentiment **What It Means:** - Market is coiling - Building energy for next move - Indecision between buyers/sellers - Calm before the storm **How to Trade:** - ✅ **WAIT for breakout direction** - ✅ Enter on high-volume breakout - ✅ Direction becomes clear - ❌ Don't trade inside the range - ❌ Avoid choppy scalping **Expected Behavior:** - Narrow range - Low volume - False breakouts possible - Explosive move when it breaks --- ### 6. 🟣 CHAOS (High Volatility) **Characteristics:** - Extreme volatility - No clear direction - Erratic price swings - ATR > 2x average - Unpredictable **What It Means:** - Market panic or euphoria - News-driven moves - Emotion dominates logic - Highest risk environment **How to Trade:** - ❌ **STAY OUT!** - ❌ No positions - ❌ Wait for stability - ✅ Protect existing positions - ✅ Reduce risk **Expected Behavior:** - Large intraday swings - Gaps up/down - Stop hunts - Whipsaws - Eventually calms down --- ## INDICATOR USAGE ### Visual Elements #### 1. Background Colors - **Light Green** = Bull Trending (go long) - **Light Red** = Bear Trending (go short) - **Light Teal** = Bull Ranging (buy dips) - **Light Orange** = Bear Ranging (sell rallies) - **Light Gray** = Consolidation (wait) - **Purple** = Chaos (stay out!) #### 2. Regime Labels - Appear when regime changes - Show new regime name - Positioned at highs (bullish) or lows (bearish) #### 3. Entry Signals - **Green "LONG"** labels = Buy here - **Red "SHORT"** labels = Sell here - Number shows confluence score (X/5 signals) - Hover for details (stop, target, RSI, etc.) #### 4. Exit Signals - **Orange "EXIT LONG"** = Close long position - **Orange "EXIT SHORT"** = Close short position - Shows exit reason in tooltip #### 5. Support/Resistance Lines - **Green line** = Dynamic support (buy zone) - **Red line** = Dynamic resistance (sell zone) - Adapts to regime automatically #### 6. Moving Averages - **Blue** = SMA 20 (short-term trend) - **Orange** = SMA 50 (medium-term trend) - **Purple** = SMA 200 (long-term trend) ### Information Tables #### Top Right Table (Main Info) Shows real-time market conditions: - **Current Regime** - What regime we're in - **Bias** - Long, Short, Breakout, or Stay Out - **ADX** - Trend strength (>25 = strong) - **Trend** - Strong, Moderate, or Weak - **Volatility** - High or Normal - **Vol Ratio** - Current vs average volatility - **RSI** - Momentum (>70 overbought, <30 oversold) - **vs SMA50/200** - Price position relative to MAs - **Support/Resistance** - Exact price levels - **Long/Short Signals** - Confluence scores (X/5) #### Bottom Right Table (Regime Guide) Quick reference for each regime: - What action to take - What strategy to use - Color-coded for quick identification --- ## ENTRY SIGNALS EXPLAINED ### Confluence Scoring System (5 Factors) Each entry signal is scored 0-5 based on how many factors align: #### For LONG Entries: 1. ✅ **Regime Alignment** - In Bull Trending or Bull Ranging 2. ✅ **RSI Pullback** - RSI between 35-50 (not overbought) 3. ✅ **Near Support** - Price within 2% of dynamic support 4. ✅ **MACD Turning Up** - Momentum shifting bullish 5. ✅ **Volume Confirmation** - Above average volume #### For SHORT Entries: 1. ✅ **Regime Alignment** - In Bear Trending or Bear Ranging 2. ✅ **RSI Rejection** - RSI between 50-65 (not oversold) 3. ✅ **Near Resistance** - Price within 2% of dynamic resistance 4. ✅ **MACD Turning Down** - Momentum shifting bearish 5. ✅ **Volume Confirmation** - Above average volume ### Confluence Requirements **Minimum Confluence** (default = 2): - 2/5 = Entry signal triggered - 3/5 = Good signal - 4/5 = Strong signal - 5/5 = Excellent signal (rare) **Higher confluence = Higher probability = Better trades** ### Specific Entry Patterns #### 1. Bull Trending Entry ``` Requirements: - Regime = Bull Trending - Price pulls back to EMA20 - Close above EMA20 (bounce) - Up candle (close > open) - RSI < 60 - Confluence ≥ 2 ``` #### 2. Bear Trending Entry ``` Requirements: - Regime = Bear Trending - Price rallies to EMA20 - Close below EMA20 (rejection) - Down candle (close < open) - RSI > 40 - Confluence ≥ 2 ``` #### 3. Bull Ranging Entry ``` Requirements: - Regime = Bull Ranging - RSI < 40 (oversold) - Price at or below support - Up candle (reversal) - Confluence ≥ 1 (more lenient) ``` #### 4. Bear Ranging Entry ``` Requirements: - Regime = Bear Ranging - RSI > 60 (overbought) - Price at or above resistance - Down candle (rejection) - Confluence ≥ 1 (more lenient) ``` #### 5. Consolidation Breakout ``` Requirements: - Regime = Consolidation - Price breaks above/below range - Volume > 1.5x average (explosive) - Strong directional candle ``` --- ## EXIT SIGNALS EXPLAINED ### Three Types of Exits #### 1. Regime Change Exits (Automatic) - **Long Exit**: Regime changes to Bear Trending or Chaos - **Short Exit**: Regime changes to Bull Trending or Chaos - **Reason**: Market character changed, strategy no longer valid #### 2. Support/Resistance Break Exits - **Long Exit**: Price breaks below support by 2% - **Short Exit**: Price breaks above resistance by 2% - **Reason**: Key level violated, trend may be reversing #### 3. Momentum Exits - **Long Exit**: RSI > 70 (overbought) AND down candle - **Short Exit**: RSI < 30 (oversold) AND up candle - **Reason**: Overextension, take profits ### Stop Loss & Take Profit **Stop Loss** (Automatic in strategy): - Placed at Entry - (ATR × 2) - Adapts to volatility - Protected from whipsaws - Typically 2-4% for stocks, 5-10% for crypto **Take Profit** (Automatic in strategy): - Placed at Entry + (Stop Distance × R:R Ratio) - Default 2.5:1 reward:risk - Example: $2 risk = $5 reward target - Allows winners to run --- ## TRADING EACH REGIME ### BULL TRENDING - Most Profitable Long Environment **Strategy: Buy Every Dip** **Entry Rules:** 1. Wait for pullback to EMA20 or SMA20 2. Look for RSI < 60 3. Enter when candle closes above MA 4. Confluence should be 2+ **Stop Loss:** - Below the recent swing low - Or 2 × ATR below entry **Take Profit:** - At previous high - Or 2.5:1 R:R minimum **Position Size:** - Can use full size (2% risk) - High win rate regime **Example Trade:** ``` Price: $100, pulls back to $98 (EMA20) Entry: $98.50 (close above EMA) Stop: $96.50 (2 ATR) Target: $103.50 (2.5:1) Risk: $2, Reward: $5 ``` --- ### BEAR TRENDING - Most Profitable Short Environment **Strategy: Sell Every Rally** **Entry Rules:** 1. Wait for bounce to EMA20 or SMA20 2. Look for RSI > 40 3. Enter when candle closes below MA 4. Confluence should be 2+ **Stop Loss:** - Above the recent swing high - Or 2 × ATR above entry **Take Profit:** - At previous low - Or 2.5:1 R:R minimum **Position Size:** - Can use full size (2% risk) - High win rate regime **Example Trade:** ``` Price: $100, rallies to $102 (EMA20) Entry: $101.50 (close below EMA) Stop: $103.50 (2 ATR) Target: $96.50 (2.5:1) Risk: $2, Reward: $5 ``` --- ### BULL RANGING - Buy Low, Sell High **Strategy: Range Trading (Long Bias)** **Entry Rules:** 1. Wait for price at support zone 2. Look for RSI < 40 3. Enter on reversal candle 4. Confluence should be 1-2+ **Stop Loss:** - Below support zone - Tighter than trending (1.5 ATR) **Take Profit:** - At resistance zone - Don't hold through resistance **Position Size:** - Reduce to 1-1.5% risk - Lower win rate than trending **Example Trade:** ``` Range: $95-$105 Entry: $96 (at support, RSI 35) Stop: $94 (below support) Target: $104 (at resistance) Risk: $2, Reward: $8 (4:1) ``` --- ### BEAR RANGING - Sell High, Buy Low **Strategy: Range Trading (Short Bias)** **Entry Rules:** 1. Wait for price at resistance zone 2. Look for RSI > 60 3. Enter on rejection candle 4. Confluence should be 1-2+ **Stop Loss:** - Above resistance zone - Tighter than trending (1.5 ATR) **Take Profit:** - At support zone - Don't hold through support **Position Size:** - Reduce to 1-1.5% risk - Lower win rate than trending **Example Trade:** ``` Range: $95-$105 Entry: $104 (at resistance, RSI 65) Stop: $106 (above resistance) Target: $96 (at support) Risk: $2, Reward: $8 (4:1) ``` --- ### CONSOLIDATION - Wait for Breakout **Strategy: Breakout Trading** **Entry Rules:** 1. Identify consolidation range 2. Wait for VOLUME SURGE (1.5x+ avg) 3. Enter on close outside range 4. Direction must be clear **Stop Loss:** - Opposite side of range - Or 2 ATR **Take Profit:** - Measure range height, project it - Example: $10 range = $10 move expected **Position Size:** - Reduce to 1% risk - 50% false breakout rate **Example Trade:** ``` Consolidation: $98-$102 (4-point range) Breakout: $102.50 (high volume) Entry: $103 Stop: $100 (back in range) Target: $107 (4-point range projected) Risk: $3, Reward: $4 ``` --- ### CHAOS - STAY OUT! **Strategy: Preservation** **What to Do:** - ❌ NO new positions - ✅ Close existing positions if near entry - ✅ Tighten stops on profitable trades - ✅ Reduce position sizes dramatically - ✅ Wait for regime to stabilize **Why It's Dangerous:** - Stop hunts are common - Whipsaws everywhere - News-driven volatility - No technical reliability - Even "perfect" setups fail **When Does It End:** - Volatility ratio drops < 1.5 - ADX starts rising (direction appears) - Price respects support/resistance again - Usually 1-5 days --- ## CONFLUENCE SYSTEM ### How It Works The system scores each potential entry on 5 factors. More factors aligning = higher probability. ### Confluence Requirements by Regime **Trending Regimes** (strictest): - Minimum 2/5 required - 3/5 = Good - 4-5/5 = Excellent **Ranging Regimes** (moderate): - Minimum 1-2/5 required - 2/5 = Good - 3+/5 = Excellent **Consolidation** (breakout only): - Volume is most critical - Direction confirmation - Less confluence needed ### Adjusting Minimum Confluence **If too few signals:** - Lower from 2 to 1 - More trades, lower quality **If too many false signals:** - Raise from 2 to 3 - Fewer trades, higher quality **Recommendation:** - Start at 2 - Adjust based on win rate - Aim for 55-65% win rate --- ## STRATEGY BACKTESTING ### Loading the Strategy 1. Copy `market_regime_strategy.pine` 2. Open Pine Editor in TradingView 3. Paste and "Add to Chart" 4. Strategy Tester tab opens at bottom ### Initial Settings ``` Risk Per Trade: 2% ATR Stop Multiplier: 2.0 Reward:Risk Ratio: 2.5 Trade Longs: ✓ Trade Shorts: ✓ Trade Trending Only: ✗ (test both) Avoid Chaos: ✓ Minimum Confluence: 2 ``` ### What to Look For **Good Results:** - Win Rate: 50-60% - Profit Factor: 1.8-2.5 - Net Profit: Positive - Max Drawdown: <20% - Consistent equity curve **Warning Signs:** - Win Rate: <45% (too many losses) - Profit Factor: <1.5 (barely profitable) - Max Drawdown: >30% (too risky) - Erratic equity curve (unstable) ### Testing Different Regimes **Test 1: Trending Only** ``` Trade Trending Only: ✓ Result: Higher win rate, fewer trades ``` **Test 2: All Regimes** ``` Trade Trending Only: ✗ Result: More trades, potentially lower win rate ``` **Test 3: Long Only** ``` Trade Longs: ✓ Trade Shorts: ✗ Result: Works in bull markets ``` **Test 4: Short Only** ``` Trade Longs: ✗ Trade Shorts: ✓ Result: Works in bear markets ``` --- ## SETTINGS OPTIMIZATION ### Key Parameters to Adjust #### 1. Risk Per Trade (Most Important) - **0.5%** = Very conservative - **1.0%** = Conservative (recommended for beginners) - **2.0%** = Moderate (recommended) - **3.0%** = Aggressive - **5.0%** = Very aggressive (not recommended) **Impact:** Higher risk = higher returns BUT bigger drawdowns #### 2. Reward:Risk Ratio - **2:1** = More wins needed, hit target faster - **2.5:1** = Balanced (recommended) - **3:1** = Fewer wins needed, hold longer - **4:1** = Very patient, best in trending **Impact:** Higher R:R = can have lower win rate #### 3. Minimum Confluence - **1** = More signals, lower quality - **2** = Balanced (recommended) - **3** = Fewer signals, higher quality - **4** = Very selective - **5** = Almost never triggers **Impact:** Higher = fewer but better trades #### 4. ADX Thresholds - **Trending: 20-30** (default 25) - Lower = detect trends earlier - Higher = only strong trends - **Ranging: 15-25** (default 20) - Lower = identify ranging earlier - Higher = only weak trends #### 5. Trend Period (SMA) - **20-50** = Short-term trends - **50** = Medium-term (default, recommended) - **100-200** = Long-term trends **Impact:** Longer period = slower regime changes, more stable ### Optimization Workflow **Step 1: Baseline** - Use all default settings - Test on 3+ years - Record: Win Rate, PF, Drawdown **Step 2: Risk Optimization** - Test 1%, 1.5%, 2%, 2.5% - Find best risk-adjusted return - Balance profit vs drawdown **Step 3: R:R Optimization** - Test 2:1, 2.5:1, 3:1 - Check which maximizes profit factor - Consider holding time **Step 4: Confluence Optimization** - Test 1, 2, 3 - Find sweet spot for win rate - Aim for 55-65% win rate **Step 5: Regime Filter** - Test with/without trend filter - Test with/without chaos filter - Find what works for your asset --- ## REAL TRADING EXAMPLES ### Example 1: Bull Trending - SPY **Setup:** - Regime: BULL TRENDING - Price pulls back from $450 to $445 - EMA20 at $444 - RSI drops to 45 - Confluence: 4/5 **Entry:** - Price closes at $445.50 (above EMA20) - LONG signal appears - Enter at $445.50 **Risk Management:** - Stop: $443 (2 ATR = $2.50) - Target: $451.75 (2.5:1 = $6.25) - Risk: $2.50 per share - Position: 80 shares (2% of $10k = $200 risk) **Outcome:** - Price rallies to $452 in 3 days - Target hit - Profit: $6.50 × 80 = $520 - Return: 2.6 × risk (excellent) --- ### Example 2: Bear Ranging - AAPL **Setup:** - Regime: BEAR RANGING - Range: $165-$175 - Price rallies to $174 - Resistance at $175 - RSI at 68 - Confluence: 3/5 **Entry:** - Rejection candle at $174 - SHORT signal appears - Enter at $173.50 **Risk Management:** - Stop: $176 (above resistance) - Target: $166 (support) - Risk: $2.50 - Position: 80 shares **Outcome:** - Price drops to $167 in 2 days - Target hit - Profit: $6.50 × 80 = $520 - Return: 2.6 × risk --- ### Example 3: Consolidation Breakout - BTC **Setup:** - Regime: CONSOLIDATION - Range: $28,000 - $30,000 - Compressed for 2 weeks - Volume declining **Breakout:** - Price breaks $30,000 - Volume surges 200% - Close at $30,500 - LONG signal **Entry:** - Enter at $30,500 **Risk Management:** - Stop: $29,500 (back in range) - Target: $32,000 (range height = $2k) - Risk: $1,000 - Position: 0.2 BTC ($200 risk on $10k) **Outcome:** - Price runs to $33,000 - Target exceeded - Profit: $2,500 × 0.2 = $500 - Return: 2.5 × risk --- ### Example 4: Avoiding Chaos - Tesla **Setup:** - Regime: BULL TRENDING - LONG position from $240 - Elon tweets something crazy - Regime changes to CHAOS **Action:** - EXIT signal appears - Close position immediately - Current price: $242 (small profit) **Outcome:** - Next 3 days: wild swings - High $255, Low $230 - By staying out, avoided: - Potential stop out - Whipsaw losses - Stress **Result:** - Small profit preserved - Capital protected - Re-enter when regime stabilizes --- ## ALERTS SETUP ### Available Alerts 1. **Bull Trending Regime** - Market goes bullish 2. **Bear Trending Regime** - Market goes bearish 3. **Chaos Regime** - High volatility, stay out 4. **Long Entry Signal** - Buy opportunity 5. **Short Entry Signal** - Sell opportunity 6. **Long Exit Signal** - Close long 7. **Short Exit Signal** - Close short ### How to Set Up 1. Click **⏰ (Alert)** icon in TradingView 2. Select **Condition**: Choose indicator + alert type 3. **Options**: Popup, Email, Webhook, etc. 4. **Message**: Customize notification 5. Click **Create** ### Recommended Alert Strategy **For Active Traders:** - Long Entry Signal - Short Entry Signal - Long Exit Signal - Short Exit Signal **For Position Traders:** - Bull Trending Regime (enter longs) - Bear Trending Regime (enter shorts) - Chaos Regime (exit all) **For Conservative:** - Only regime change alerts - Manually review entries - More selective --- ## TIPS FOR SUCCESS ### 1. Start Small - Paper trade first - Then 0.5% risk - Build to 1-2% over time ### 2. Follow the Regime - Don't fight it - Adapt your style - Different tactics for each ### 3. Trust the Confluence - 4-5/5 = Best trades - 2-3/5 = Good trades - 1/5 = Skip unless desperate ### 4. Respect Exits - Don't hope and hold - Cut losses quickly - Take profits at targets ### 5. Avoid Chaos - Seriously, just stay out - Protect your capital - Wait for clarity ### 6. Keep a Journal - Record every trade - Note regime and confluence - Review weekly - Learn patterns ### 7. Backtest Thoroughly - 3+ years minimum - Multiple market conditions - Different assets - Walk-forward test ### 8. Be Patient - Best setups are rare - 1-3 trades per week is normal - Quality over quantity - Compound over time --- ## COMMON QUESTIONS **Q: How many trades per month should I expect?** A: Depends on timeframe and settings. Daily chart: 5-15 trades/month. 4H chart: 15-30 trades/month. **Q: What's a good win rate?** A: 55-65% is excellent. 50-55% is good. Below 50% needs adjustment. **Q: Should I trade all regimes?** A: Beginners: Only trending. Intermediate: Trending + ranging. Advanced: All except chaos. **Q: Can I use this on any timeframe?** A: Best on Daily and 4H. Works on 1H with more noise. Not recommended <1H. **Q: What if I'm in a trade and regime changes?** A: Exit immediately (if using indicator) or let strategy handle it automatically. **Q: How do I know if I'm over-optimizing?** A: If results are perfect on one period but fail on another. Use walk-forward testing. **Q: Should I always take 5/5 confluence trades?** A: Yes, but they're rare (1-2/month). Don't wait only for these. **Q: Can I combine this with other indicators?** A: Yes, but keep it simple. RSI, MACD already included. Maybe add volume profile. **Q: What assets work best?** A: Liquid stocks, major crypto, futures. Avoid forex spot (use futures), penny stocks. **Q: How long to hold positions?** A: Trending: Days to weeks. Ranging: Hours to days. Breakout: Days. Let the regime guide you. --- ## FINAL THOUGHTS This system gives you: - ✅ Clear market context (regime) - ✅ High-probability entries (confluence) - ✅ Defined exits (automatic signals) - ✅ Adaptable tactics (regime-specific) - ✅ Backtestable results (strategy version) **Success requires:** - 📚 Understanding each regime - 🎯 Following the signals - 💪 Discipline to wait - 🧠 Emotional control - 📊 Proper risk management **Start your journey:** 1. Load the indicator 2. Watch for 1 week (no trading) 3. Identify regime patterns 4. Paper trade for 1 month 5. Go live with small size 6. Scale up as you gain confidence **Remember:** The market will always be here. There's no rush. Master one regime at a time, and you'll be profitable in all conditions! Good luck! 🚀
Indicatore Pine Script®
di frankieho_92
Wyckoff Method - Comprehensive Analysis# WYCKOFF METHOD - QUICK REFERENCE CHEAT SHEET ## 🟢 STRONGEST BUY SIGNALS ### 1. SPRING ⭐⭐⭐⭐⭐ - **What:** False breakdown below support on LOW volume - **Look for:** Quick reversal, close above support - **Entry:** When price closes back in range - **Stop:** Below spring low - **Target:** Top of range minimum ### 2. SOS (Sign of Strength) ⭐⭐⭐⭐ - **What:** Breakout above resistance on HIGH volume - **Look for:** Wide spread up bar, strong close - **Entry:** On breakout or wait for LPS pullback - **Stop:** Below range top - **Target:** Height of range projected up ### 3. SHAKEOUT ⭐⭐⭐⭐ - **What:** Sharp move below support with HIGH volume, immediate reversal - **Look for:** Long lower wick, closes strong - **Entry:** When price reclaims support - **Stop:** Below shakeout low - **Target:** Previous resistance --- ## 🔴 STRONGEST SELL SIGNALS ### 1. UTAD (Upthrust After Distribution) ⭐⭐⭐⭐⭐ - **What:** False breakout above resistance, quick rejection - **Look for:** Spike high, weak close, often high volume - **Entry:** When price closes back in range - **Stop:** Above UTAD high - **Target:** Bottom of range minimum ### 2. SOW (Sign of Weakness) ⭐⭐⭐⭐ - **What:** Breakdown below support on HIGH volume - **Look for:** Wide spread down bar, weak close - **Entry:** On breakdown or wait for LPSY rally - **Stop:** Above range bottom - **Target:** Height of range projected down ### 3. UPTHRUST ⭐⭐⭐⭐ - **What:** Move above resistance on LOW volume, weak close - **Look for:** Long upper wick, closes in lower half - **Entry:** When resistance holds - **Stop:** Above upthrust high - **Target:** Support level --- ## 📊 ACCUMULATION PHASES (Bottom Formation) ``` PHASE A: Stopping the Downtrend ├─ PS (Preliminary Support) - First buying ├─ SC (Selling Climax) - Panic bottom ⚠️ KEY EVENT ├─ AR (Automatic Rally) - Relief bounce └─ ST (Secondary Test) - Retest SC low PHASE B: Building the Cause ├─ Trading range forms ├─ Multiple tests of support ├─ Volume decreasing └─ Absorption occurring PHASE C: The Test ├─ SPRING - False breakdown ⚠️ KEY EVENT └─ TEST - Support holds on low volume PHASE D: Dominance Emerges ├─ SOS - Breakout ⚠️ KEY EVENT ├─ LPS - Last Point of Support (pullback) └─ BU - Backup PHASE E: Markup └─ New uptrend, strong momentum ``` **Background Color:** Blue → Green (getting brighter) **Action:** Buy in Phase C/D, Hold through Phase E --- ## 📊 DISTRIBUTION PHASES (Top Formation) ``` PHASE A: Stopping the Uptrend ├─ PSY (Preliminary Supply) - First selling ├─ BC (Buying Climax) - Euphoric top ⚠️ KEY EVENT ├─ AR (Automatic Reaction) - Sharp drop └─ ST (Secondary Test) - Retest BC high PHASE B: Building the Cause ├─ Trading range forms ├─ Multiple tests of resistance ├─ Demand being absorbed └─ Volume patterns change PHASE C: The Test └─ UTAD - False breakout ⚠️ KEY EVENT PHASE D: Dominance Emerges ├─ SOW - Breakdown ⚠️ KEY EVENT └─ LPSY - Last Point of Supply (rally to exit) PHASE E: Markdown └─ New downtrend, strong selling ``` **Background Color:** Orange → Red (getting darker) **Action:** Sell in Phase C/D, Stay out during Phase E --- ## 💰 VOLUME SPREAD ANALYSIS (VSA) | Signal | Meaning | Color | Implication | |--------|---------|-------|-------------| | **ND** (No Demand) | Up bar, LOW volume | 🟠 Orange | Weakness - uptrend ending | | **NS** (No Supply) | Down bar, LOW volume | 🔵 Blue | Strength - downtrend ending | | **SV** (Stopping Volume) | VERY HIGH volume, narrow spread | 🟣 Purple | Potential reversal | | **UT** (Upthrust) | Above resistance, LOW vol, weak close | 🔴 Red | Sell signal | | **SO** (Shakeout) | Below support, HIGH vol, strong close | 🟢 Green | Buy signal | --- ## 🎯 VOLUME INTERPRETATION | Volume Level | Bar Color | Meaning | |--------------|-----------|---------| | **VERY HIGH** (>2x average) | Dark Green/Red | Climax, potential reversal | | **HIGH** (>1.5x average) | Light Green/Red | Strong interest | | **NORMAL** | Gray | Average trading | | **LOW** (<0.7x average) | Faint Gray | Testing, no interest | --- ## ⚖️ EFFORT vs RESULT | Scenario | Volume | Spread | Meaning | |----------|--------|--------|---------| | **High Effort, Low Result** | HIGH | Narrow | ⚠️ Potential reversal | | **Low Effort, High Result** | LOW | Wide | ⚠️ Trend weakening | | **High Effort, High Result** | HIGH | Wide | ✅ Strong trend | | **Low Effort, Low Result** | LOW | Narrow | 😴 No interest | --- ## 📏 TRADING RULES ### ✅ DO: - ✅ Wait for confirmation before entering - ✅ Trade in direction of higher timeframe - ✅ Use springs and UTAD as primary signals - ✅ Measure trading range for targets - ✅ Place stops outside the range - ✅ Look for volume confirmation - ✅ Check multiple timeframes - ✅ Focus on Phase C and D events ### ❌ DON'T: - ❌ Buy during Phase E Markdown - ❌ Sell during Phase E Markup - ❌ Trade against major trend - ❌ Ignore volume signals - ❌ Enter without clear stop loss - ❌ Trade every signal - ❌ Use on very low timeframes without practice - ❌ Ignore the context --- ## 🎪 COMPOSITE OPERATOR (Smart Money) ### 💰 Green Money Symbol (Bottom) - **Meaning:** Institutions accumulating - **Location:** Demand zones, springs, tests - **Action:** Follow the smart money - buy ### 💰 Red Money Symbol (Top) - **Meaning:** Institutions distributing - **Location:** Supply zones, UTAD, weak rallies - **Action:** Follow the smart money - sell --- ## 📍 SUPPLY & DEMAND ZONES ### 🟢 Demand Zones (Green Boxes) - **Created at:** SC, Spring, Shakeout - **Represents:** Where smart money bought - **Action:** Look for bounces ### 🔴 Supply Zones (Red Boxes) - **Created at:** BC, UTAD, Upthrust - **Represents:** Where smart money sold - **Action:** Look for rejections --- ## 🎯 TARGET CALCULATION ### Measured Move Method ``` 1. Measure trading range height Example: Top at 120, Bottom at 100 = 20 points 2. Add to breakout point (accumulation) Breakout at 120 + 20 = Target: 140 3. Or subtract from breakdown (distribution) Breakdown at 100 - 20 = Target: 80 ``` ### Multiple Targets - **Conservative:** 1x range height (100% probability reached) - **Moderate:** 1.5x range height (70% probability) - **Aggressive:** 2x range height (40% probability) --- ## ⏰ TIMEFRAME GUIDE | Timeframe | Use For | Reliability | Recommended For | |-----------|---------|-------------|-----------------| | **Weekly** | Major trends | ⭐⭐⭐⭐⭐ | Position traders | | **Daily** | Swing trades | ⭐⭐⭐⭐⭐ | Most traders | | **4-Hour** | Active swing | ⭐⭐⭐⭐ | Active traders | | **1-Hour** | Day trading | ⭐⭐⭐ | Experienced only | | **15-Min** | Scalping | ⭐⭐ | Experts only | **Golden Rule:** Always check one timeframe higher for context! --- ## 🚨 ALERT PRIORITY ### 🔔 MUST-HAVE ALERTS 1. Spring 2. UTAD 3. SOS 4. SOW ### 🔔 NICE-TO-HAVE ALERTS 5. Selling Climax (SC) 6. Buying Climax (BC) 7. Smart Money Accumulation 8. Smart Money Distribution ### 🔔 CONFIRMATION ALERTS 9. Phase E Markup 10. Phase E Markdown --- ## 💡 QUICK DECISION TREE ``` Is there a clear trading range? ├─ YES │ ├─ Did price break BELOW support? │ │ ├─ Volume LOW + Quick reversal = SPRING → BUY ✅ │ │ └─ Volume HIGH + Stays down = Breakdown → SELL ⚠️ │ │ │ └─ Did price break ABOVE resistance? │ ├─ Volume LOW + Quick reversal = UTAD → SELL ✅ │ └─ Volume HIGH + Stays up = Breakout → BUY ⚠️ │ └─ NO ├─ Strong uptrend = Wait for re-accumulation └─ Strong downtrend = Wait for re-distribution ``` --- ## 📝 PRE-TRADE CHECKLIST Before entering any trade: - Identified the current Wyckoff phase - Confirmed with volume analysis - Checked higher timeframe trend - Located supply/demand zones - Identified clear entry point - Set stop loss level - Calculated target (risk:reward >1:2) - Verified position size (risk 1-2%) - Have at least 2 confirming signals - Not trading against major trend --- ## 🧠 REMEMBER **The Three Laws:** 1. **Supply & Demand** - Price is determined by imbalance 2. **Cause & Effect** - Range size predicts move size 3. **Effort & Result** - Volume should confirm price movement **The Key Principle:** > "Trade with the Composite Operator (smart money), not against them" **Best Setups:** 1. Spring in accumulation (Phase C) 2. UTAD in distribution (Phase C) 3. SOS breakout (Phase D) 4. SOW breakdown (Phase D) **When in Doubt:** - ❓ Stay out - 📈 Use higher timeframe - 📚 Review the documentation - 🎯 Wait for clearer signal --- ## 📱 INDICATOR SETTINGS QUICK SETUP **For Stocks/Crypto (Good Volume Data):** - Volume MA Length: 20 - High Volume Multiplier: 1.5 - Climax Volume: 2.0 - Swing Length: 5 **For Forex (Limited Volume Data):** - Volume MA Length: 20 - High Volume Multiplier: 1.3 - Climax Volume: 1.8 - Swing Length: 7 - Turn OFF "Volume Confirmation" **For Day Trading:** - Swing Length: 3 - All other settings: Default **For Position Trading:** - Swing Length: 7-10 - Volume MA Length: 30 - Use Daily/Weekly charts --- ## 🎓 SKILL PROGRESSION ### Beginner (Month 1-2) - Focus on: SC, Spring, SOS - Timeframe: Daily only - Goal: Identify phases correctly ### Intermediate (Month 3-6) - Add: All accumulation events - Timeframe: Daily + 4H - Goal: Trade springs profitably ### Advanced (Month 6-12) - Add: Distribution events, VSA - Timeframe: Multiple timeframes - Goal: Trade complete cycles ### Expert (Year 2+) - Master: All events, all timeframes - Combine: With other methodologies - Goal: Consistent profitability --- **Print this sheet and keep it next to your trading desk!** *Remember: Quality over quantity. Wait for the best setups.* # Wyckoff Method - Comprehensive Analysis Indicator ## Complete Implementation Guide for TradingView Pine Script --- ## TABLE OF CONTENTS 1. (#overview) 2. (#installation) 3. (#theory) 4. (#components) 5. (#signals) 6. (#strategies) 7. (#settings) 8. (#alerts) 9. (#patterns) 10. (#troubleshooting) --- ## OVERVIEW This indicator implements Richard Wyckoff's complete trading methodology, including: - **All 5 Phases** of Accumulation and Distribution - **18+ Wyckoff Events** (PS, SC, AR, ST, Spring, SOS, LPS, BC, UTAD, SOW, etc.) - **Volume Spread Analysis (VSA)** principles - **Supply & Demand Zone** detection - **Composite Operator** logic (Smart Money tracking) - **Effort vs Result** analysis - **Three Wyckoff Laws**: Supply/Demand, Cause/Effect, Effort/Result --- ## INSTALLATION ### Step 1: Copy the Code 1. Open the `wyckoff_comprehensive.pine` file 2. Select all code (Ctrl+A / Cmd+A) 3. Copy to clipboard (Ctrl+C / Cmd+C) ### Step 2: Add to TradingView 1. Go to TradingView.com 2. Open any chart 3. Click "Pine Editor" at the bottom of the screen 4. Click "New" or "Open" 5. Paste the entire code 6. Click "Save" and give it a name 7. Click "Add to Chart" ### Step 3: Verify Installation You should see: - Labels on the chart (PS, SC, Spring, SOS, etc.) - Background colors indicating phases - Volume analysis in the lower pane - A table in the top-right corner showing current phase --- ## WYCKOFF METHOD THEORY ### The Three Fundamental Laws #### 1. **Law of Supply and Demand** - Price rises when demand exceeds supply - Price falls when supply exceeds demand - The indicator tracks volume vs price movement to identify imbalances #### 2. **Law of Cause and Effect** - A period of accumulation (cause) leads to markup (effect) - A period of distribution (cause) leads to markdown (effect) - Trading ranges build "cause" for future price movement #### 3. **Law of Effort vs Result** - **Effort** = Volume (energy put into the market) - **Result** = Price movement (spread of the bar) - High effort with low result = potential reversal - Low effort with high result = trend weakness ### The Five Phases #### **ACCUMULATION CYCLE** **Phase A: Stopping the Downtrend** - Preliminary Support (PS): First sign of buying - Selling Climax (SC): Panic selling exhaustion - Automatic Rally (AR): Bounce from SC - Secondary Test (ST): Test of SC low on lower volume **Phase B: Building the Cause** - Trading range develops - Supply being absorbed by composite operator - Multiple tests of support and resistance - Volume generally decreases **Phase C: The Test (Spring)** - False breakdown below support - Traps late sellers - Quick reversal on low volume - Last chance to accumulate before markup **Phase D: Dominance Emerges** - Sign of Strength (SOS): Break above resistance - Last Point of Support (LPS): Pullback opportunity - Backup (BU): Final consolidation - Demand clearly exceeds supply **Phase E: Markup** - New uptrend established - Price moves rapidly higher - Phase E can last months/years - Original trading range becomes support #### **DISTRIBUTION CYCLE** **Phase A: Stopping the Uptrend** - Preliminary Supply (PSY): First sign of selling - Buying Climax (BC): Euphoric buying exhaustion - Automatic Reaction (AR): Sharp selloff from BC - Secondary Test (ST): Test of BC high on lower volume **Phase B: Building the Cause** - Trading range at top - Demand being absorbed by composite operator - Multiple tests of support and resistance **Phase C: The Test (UTAD)** - Upthrust After Distribution - False breakout above resistance - Traps late buyers - Quick reversal **Phase D: Dominance Emerges** - Sign of Weakness (SOW): Break below support - Last Point of Supply (LPSY): Rally opportunity to exit - Supply clearly exceeds demand **Phase E: Markdown** - New downtrend established - Price moves rapidly lower - Original trading range becomes resistance --- ## INDICATOR COMPONENTS ### 1. EVENT LABELS #### Accumulation Events (Green labels) - **PS** = Preliminary Support - **SC** = Selling Climax (largest label, most important) - **AR** = Automatic Rally - **ST** = Secondary Test - **SPRING** = Spring (critical buy signal) - **TEST** = Test of support - **SOS** = Sign of Strength (breakout) - **LPS** = Last Point of Support - **BU** = Backup #### Distribution Events (Red labels) - **PSY** = Preliminary Supply - **BC** = Buying Climax (largest label, most important) - **AR** = Automatic Reaction - **ST** = Secondary Test - **UTAD** = Upthrust After Distribution (critical sell signal) - **SOW** = Sign of Weakness - **LPSY** = Last Point of Supply #### VSA Events (Small colored labels) - **ND** (Orange) = No Demand - weakness - **NS** (Blue) = No Supply - strength - **SV** (Purple) = Stopping Volume - **UT** (Red) = Upthrust - weakness - **SO** (Green) = Shakeout - strength #### Composite Operator (💰 symbols) - Green 💰 at bottom = Smart Money Accumulation - Red 💰 at top = Smart Money Distribution ### 2. BACKGROUND COLORS - **Light Blue** = Phase A (Accumulation) - **Light Orange** = Phase A (Distribution) - **Very Light Green** = Phase C (Accumulation Testing) - **Very Light Red** = Phase C (Distribution Testing) - **Light Green** = Phase D (Accumulation Strength) - **Light Red** = Phase D (Distribution Weakness) - **Green** = Phase E (Markup - Bull trend) - **Red** = Phase E (Markdown - Bear trend) ### 3. SUPPLY & DEMAND ZONES - **Green boxes** = Demand zones (where smart money accumulated) - **Red boxes** = Supply zones (where smart money distributed) - Zones extend 20 bars into the future - Price reactions at these zones are significant ### 4. VOLUME PANEL - **Dark Green/Red bars** = Very High Volume (climax) - **Light Green/Red bars** = High Volume - **Gray bars** = Normal Volume - **Faint Gray bars** = Low Volume - **Blue line** = Volume Moving Average ### 5. INFORMATION TABLE (Top Right) Displays real-time analysis: - **Current Phase** (A, B, C, D, or E) - **Status** (description of what's happening) - **Volume** (Very High, High, Normal, Low) - **Spread** (Wide, Normal, Narrow) - **Effort/Result** (Poor, Normal, Good) - **Range** (YES if in trading range) - **Bias** (BULLISH, BEARISH, or NEUTRAL) --- ## HOW TO READ THE SIGNALS ### STRONG BUY SIGNALS (in order of strength) 1. **SPRING** (strongest) - False breakdown below support - Look for: Low volume, quick reversal, close above support - Entry: When price closes back above support level - Stop: Below the spring low 2. **SOS (Sign of Strength)** - Break above trading range resistance - Look for: High volume, wide spread up bar - Entry: On breakout or pullback to LPS - Stop: Below trading range 3. **Shakeout (SO)** - Similar to spring but more violent - Look for: High volume, penetration of support, strong close - Entry: When price reclaims support - Stop: Below shakeout low 4. **LPS (Last Point of Support)** - Pullback after SOS - Look for: Low volume, shallow pullback - Entry: When support holds - Stop: Below LPS 5. **No Supply (NS)** - Down bar on very low volume - Indicates lack of selling pressure - Confirms accumulation phase ### STRONG SELL SIGNALS (in order of strength) 1. **UTAD (Upthrust After Distribution)** (strongest) - False breakout above resistance - Look for: High volume spike, rejection, close below resistance - Entry: When price closes back below resistance - Stop: Above UTAD high 2. **SOW (Sign of Weakness)** - Break below trading range support - Look for: High volume, wide spread down bar - Entry: On breakdown or rally to LPSY - Stop: Above trading range 3. **Upthrust (UT)** - Move above resistance on low volume, weak close - Look for: Low volume, close in lower half of bar - Entry: When resistance becomes resistance again - Stop: Above upthrust high 4. **LPSY (Last Point of Supply)** - Rally after SOW - Look for: Low volume, weak rally - Entry: When rally fails - Stop: Above LPSY 5. **No Demand (ND)** - Up bar on very low volume - Indicates lack of buying pressure - Confirms distribution phase ### NEUTRAL/WARNING SIGNALS - **High Effort, Low Result** = Potential reversal coming - **Stopping Volume** = Trend may be ending - **Absorption** = Large volume with small movement (accumulation/distribution) --- ## TRADING STRATEGY EXAMPLES ### Strategy 1: Accumulation Range Breakout **Setup:** 1. Identify trading range (blue background in Phase B) 2. Wait for Spring or Test (Phase C) 3. Wait for SOS breakout (Phase D) **Entry:** - Option A: Buy on SOS breakout - Option B: Wait for LPS pullback (better risk/reward) **Stop Loss:** - Below the spring low or trading range bottom **Target:** - Measure height of trading range (cause) - Project upward from breakout point (effect) - Minimum target = range height **Example:** ``` Trading Range: 100 to 120 (20 point range) SOS Breakout at: 120 Target: 120 + 20 = 140 minimum ``` ### Strategy 2: Distribution Range Breakdown **Setup:** 1. Identify trading range after uptrend 2. Wait for UTAD (Phase C) 3. Wait for SOW breakdown (Phase D) **Entry:** - Option A: Sell on SOW breakdown - Option B: Wait for LPSY rally (better risk/reward) **Stop Loss:** - Above the UTAD high or trading range top **Target:** - Measure height of trading range - Project downward from breakdown point - Minimum target = range height ### Strategy 3: Spring Trading **Setup:** 1. Strong downtrend followed by range 2. Price breaks below range bottom 3. Volume is LOW on breakdown 4. Price quickly reverses and closes above support **Entry:** - When candle closes above support level - Or on retest of support **Stop Loss:** - Below spring low (usually tight) **Target:** - Top of trading range - Previous swing high **Risk/Reward:** - Typically 1:3 or better ### Strategy 4: Smart Money Tracking **Setup:** 1. Look for 💰 symbols in demand zones 2. Multiple accumulation signals (PS, SC, ST, Test) 3. Volume decreasing during range **Entry:** - At next demand zone test - On SOS breakout **Confirmation:** - Background turning green (Phase D/E) - Table shows "BULLISH" bias ### Strategy 5: VSA Reversal **Setup:** 1. Strong trend in place 2. Stopping Volume (SV) appears at extreme 3. Followed by No Demand (ND) or No Supply (NS) **Entry:** - When trend breaks down/up - On retest of extreme **Example (Bullish):** ``` Downtrend → Stopping Volume → No Supply → Up bar Entry: Buy when price moves above SV bar ``` --- ## SETTINGS & CUSTOMIZATION ### Volume Analysis Settings **Volume MA Length** (default: 20) - Shorter = More sensitive to volume changes - Longer = Smoother, less noise - Recommended: 15-25 for most timeframes **High Volume Multiplier** (default: 1.5) - Threshold for "high volume" - Lower = More signals - Higher = Only extreme volume - Recommended: 1.3-2.0 **Climax Volume Multiplier** (default: 2.0) - Threshold for climax events (SC, BC) - Should be significantly higher than normal - Recommended: 2.0-3.0 ### Phase Detection Settings **Swing Detection Length** (default: 5) - How many bars to look left/right for swing points - Shorter = More swings detected (more noise) - Longer = Fewer swings (cleaner, might miss some) - Recommended: 3-7 **Range Expansion Threshold** (default: 1.5) - Multiplier for "wide spread" bars - Higher = Only very wide bars qualify - Recommended: 1.3-2.0 **Volume Confirmation** (default: ON) - Requires volume confirmation for events - Turn OFF for very low volume instruments - Keep ON for stocks, forex, crypto ### Display Options Toggle on/off: - ✅ **Show Accumulation/Distribution Phases** - Background colors - ✅ **Show Wyckoff Events** - All labeled events - ✅ **Show Volume Spread Analysis** - VSA labels - ✅ **Show Supply/Demand Zones** - Boxes on chart - ✅ **Show Composite Operator Signals** - 💰 symbols ### Color Customization - **Bullish Color** - All accumulation events - **Bearish Color** - All distribution events - **Neutral Color** - Range/neutral signals --- ## ALERT SETUP ### Available Alerts 1. **Selling Climax (SC)** - Potential bottom forming 2. **Spring** - Strong buy signal 3. **Sign of Strength (SOS)** - Bullish breakout 4. **Buying Climax (BC)** - Potential top forming 5. **UTAD** - Strong sell signal 6. **Sign of Weakness (SOW)** - Bearish breakdown 7. **Phase E Markup** - Uptrend confirmed 8. **Phase E Markdown** - Downtrend confirmed 9. **Smart Money Accumulation** - Institutions buying 10. **Smart Money Distribution** - Institutions selling ### How to Set Up Alerts 1. Click the "⏰" icon on TradingView 2. Select "Create Alert" 3. Condition: Choose the indicator and alert type 4. Example: "Wyckoff Method - Spring" 5. Set notification preferences (popup, email, webhook) 6. Click "Create" ### Recommended Alert Strategy **Conservative Trader:** - Spring - SOS - UTAD - SOW **Aggressive Trader:** - Add: SC, BC, Smart Money signals **Long-term Investor:** - Phase E Markup - Phase E Markdown - Smart Money Accumulation --- ## COMMON PATTERNS ### Pattern 1: Classic Accumulation ``` Phase A: Downtrend → PS → SC → AR → ST Phase B: Range building (4-12 weeks typical) Phase C: Spring (false breakdown) Phase D: SOS → LPS → BU Phase E: Markup (new uptrend) ``` **What to do:** - Mark the range boundaries - Wait for spring - Buy on LPS or SOS - Hold through markup ### Pattern 2: Classic Distribution ``` Phase A: Uptrend → PSY → BC → AR → ST Phase B: Range building (topping process) Phase C: UTAD (false breakout) Phase D: SOW → LPSY Phase E: Markdown (new downtrend) ``` **What to do:** - Mark the range boundaries - Wait for UTAD - Sell on LPSY or SOW - Stay out during markdown ### Pattern 3: Re-Accumulation ``` Uptrend → Trading Range → Spring → Uptrend continues ``` - Occurs during existing uptrend - Shorter accumulation period - Often no clear SC (trend is already up) - Spring is the key signal ### Pattern 4: Re-Distribution ``` Downtrend → Trading Range → UTAD → Downtrend continues ``` - Occurs during existing downtrend - Shorter distribution period - Often no clear BC (trend is already down) - UTAD is the key signal ### Pattern 5: Failed Breakout **Bullish Failed Breakout:** ``` Range → Breakdown → Immediate reversal (Spring) ``` - Price breaks support - Volume is LOW - Immediate strong reversal - Very bullish **Bearish Failed Breakout:** ``` Range → Breakout → Immediate reversal (UTAD) ``` - Price breaks resistance - Volume may be high initially - Quick rejection and reversal - Very bearish --- ## TIMEFRAME RECOMMENDATIONS ### Daily Charts (Most Reliable) - Best for swing trading - Clear phases and events - Less noise - Recommended for beginners ### 4-Hour Charts - Good for active swing traders - Faster signals than daily - Still reliable ### 1-Hour Charts - For day traders - More false signals - Need to filter carefully - Use in conjunction with higher timeframe ### 15-Minute / 5-Minute - Only for experienced traders - High noise level - Many false signals - Use daily chart for context **Golden Rule:** Always check higher timeframe first! --- ## MULTI-TIMEFRAME ANALYSIS ### Top-Down Approach (Recommended) 1. **Weekly Chart** - Identify major trend and phase 2. **Daily Chart** - Find current accumulation/distribution 3. **4H Chart** - Identify entry timing 4. **Entry Timeframe** - Execute trade ### Example Analysis: **Weekly:** Phase E Markup (bullish) **Daily:** Phase B Re-accumulation **4-Hour:** Spring detected **Action:** Buy on daily LPS --- ## WYCKOFF + OTHER INDICATORS ### Complementary Tools 1. **Moving Averages** - 20/50 SMA for trend context - Already plotted on indicator 2. **RSI** - Divergences at SC/BC - Confirms overbought/oversold 3. **MACD** - Confirms trend change in Phase D - Divergences support Wyckoff events 4. **Volume Profile** - Identifies value areas - Confirms supply/demand zones 5. **Order Flow / Footprint Charts** - See institutional activity - Confirms smart money signals **Don't Over-Complicate:** - Wyckoff is a complete system - Other indicators are supplementary - When in doubt, trust Wyckoff --- ## TROUBLESHOOTING ### Issue: Too Many Labels **Solution:** - Increase swing length (Settings → 7 or 10) - Increase volume multipliers - Turn off VSA labels if not needed - Focus on major events only (SC, Spring, SOS, BC, UTAD, SOW) ### Issue: Missing Expected Events **Solution:** - Decrease swing length (Settings → 3) - Decrease volume multipliers - Turn OFF volume confirmation - Check timeframe (use daily chart) ### Issue: False Signals **Solution:** - Use higher timeframe - Wait for confirmation - Don't trade against major trend - Look for multiple signal convergence ### Issue: Can't See Background Colors **Solution:** - Check "Show Phases" is enabled - Increase monitor brightness - Colors are subtle by design (not to obscure price) ### Issue: Volume Shows Incorrectly **Solution:** - Ensure volume data is available for your symbol - Some symbols have poor volume data - Forex spot pairs have no real volume - Use futures or stock markets for best results ### Issue: No Trading Range Detected **Solution:** - Market may be trending strongly - Trading range might be too small - Wait for price to consolidate - Not all markets have clear ranges --- ## ADVANCED TIPS ### 1. Count Point & Figure Charts - Wyckoff used P&F to measure "cause" - Width of range × height = minimum move target - Longer accumulation = larger markup ### 2. Watch for Absorption - High volume + narrow spread = someone absorbing - In downtrend = accumulation - In uptrend = distribution ### 3. Multiple Timeframe Springs - Spring on daily + spring on weekly = very strong - Increases probability significantly ### 4. Failed Signals Are Signals Too - Failed spring = weakness, expect lower - Failed UTAD = strength, expect higher ### 5. Context is King - Don't buy during Phase E Markdown - Don't sell during Phase E Markup - Respect the major trend ### 6. Volume Precedes Price - Study volume changes first - Price follows volume - Decreasing volume in range = building energy ### 7. Composite Operator Mindset - Think like institutions - Where would smart money buy/sell? - They need liquidity (retail traders) --- ## RISK MANAGEMENT ### Position Sizing **Conservative:** - Risk 1% per trade - Wider stops at range boundaries **Moderate:** - Risk 1-2% per trade - Stops below spring/above UTAD **Aggressive:** - Risk 2-3% per trade - Tight stops - Higher win rate needed ### Stop Loss Placement **Accumulation:** - Below spring low - Below trading range bottom - Below demand zone **Distribution:** - Above UTAD high - Above trading range top - Above supply zone ### Take Profit Strategy **Method 1: Measured Move** - Range height = minimum target - 2x range height = extended target **Method 2: Fibonacci Extensions** - 1.0 = range height - 1.618 = extended target - 2.618 = maximum target **Method 3: Trail the Stop** - Move stop to breakeven at 1R - Trail under swing lows in markup - Lock in profits progressively --- ## BACKTESTING CHECKLIST Before trading with real money: - Backtest on 50+ historical examples - Record all signals in trading journal - Calculate win rate (aim for >50%) - Calculate average R:R (aim for >1:2) - Test on multiple instruments - Test on multiple timeframes - Test in different market conditions - Verify signal consistency - Practice on demo account - Start small with real money --- ## RECOMMENDED READING ### Books 1. **"Studies in Tape Reading"** - Richard D. Wyckoff 2. **"The Richard D. Wyckoff Method"** - Rubén Villahermosa 3. **"Charting the Stock Market: The Wyckoff Method"** - Jack Hutson 4. **"Master the Markets"** - Tom Williams (VSA) ### Courses 1. Wyckoff Analytics - Official Wyckoff course 2. TradeVSA - Volume Spread Analysis 3. StockCharts - Wyckoff education ### Communities 1. Wyckoff Analytics Forum 2. Reddit r/Wyckoff 3. TradingView Wyckoff ideas section --- ## FREQUENTLY ASKED QUESTIONS **Q: Can I use this on crypto?** A: Yes, works well on major cryptocurrencies with good volume. **Q: Does it work on forex?** A: Yes, but use futures volume (like 6E for EUR/USD) for better accuracy. **Q: What's the best timeframe?** A: Daily chart for most traders. 4H for more active trading. **Q: How long does accumulation last?** A: Typically 2-12 weeks. Longer accumulation = bigger markup. **Q: Can I automate this?** A: You can use the alerts, but manual analysis is recommended. **Q: What's the win rate?** A: With proper filtering: 60-70% on major signals (Spring, UTAD, SOS, SOW). **Q: Should I trade every signal?** A: No. Focus on Spring, UTAD, SOS, and SOW in trending markets. **Q: What if I see conflicting signals?** A: Use higher timeframe for context. When in doubt, stay out. **Q: How do I know which phase I'm in?** A: Check the table in top-right corner. Also look at background color. **Q: Can I use this for options trading?** A: Yes, excellent for timing option entries (especially around Spring/UTAD). --- ## FINAL THOUGHTS The Wyckoff Method is: - **A complete trading system** (not just an indicator) - **Based on 100+ years** of market wisdom - **Used by institutions** and professional traders - **Requires practice** and screen time - **Highly effective** when applied correctly **Success Tips:** 1. Start with daily charts 2. Focus on major events (SC, Spring, SOS, BC, UTAD, SOW) 3. Always check higher timeframe context 4. Wait for confirmation before entering 5. Manage risk properly 6. Keep a trading journal 7. Be patient - wait for the best setups **Remember:** - Not every range will have all events - Some phases may be abbreviated - Context and confluence matter most - Practice makes perfect --- ## SUPPORT & UPDATES For questions, improvements, or bug reports: - Check TradingView script comments - Join Wyckoff trading communities - Study historical examples - Practice on demo accounts **Good luck and happy trading!** --- *Disclaimer: This indicator is for educational purposes. Always do your own analysis and risk management. Past performance does not guarantee future results.* # WYCKOFF VISUAL SETUP EXAMPLES ## ACCUMULATION SCHEMATIC #1 (Classic Bottom) ``` Price Chart View: │ PHASE E │ MARKUP │ ╱ │ ╱ ┌─SOS─────┤ ╱ │ │ ╱ ┌───────────┤ ┌LPS │╱ │ PHASE B │ │ │ │ (Cause) └──┴──────┤ ┌AR──┤ │ ┌────┤ │ ┌─Spring │ PHASE D │ └ST──┤ │ │ │ │ │ │ ────SC────────┴─────────┴───────────┴────────── │ PS │ PHASE A │ Downtrend ``` ### PHASE A - Stopping the Downtrend ``` PS: │ High volume down bar ▼ First sign of support ■ Not bottom yet SC: │ VERY HIGH volume ▼ Panic selling exhaustion █ Long lower wick █ This is the low AR: │ Automatic rally ▲ Relief bounce ■ High volume acceptable ST: │ Secondary test ▼ Low volume (KEY!) ■ Tests SC low ``` ### PHASE B - Building the Cause ``` ┌─────────┐ │ ~~~ │ Multiple tests │ ~ ~ │ Volume decreases │~ ~ │ Range gets tighter └─────────┘ Duration: 2-12 weeks typical The longer, the bigger the eventual move ``` ### PHASE C - The Test (SPRING) ``` ║ False breakdown ─────╨───── ▼ Low volume █ Breaks below support ■ █ Quick reversal ▲ Closes ABOVE support CRITICAL: Volume must be LOW Close must be strong Happens quickly (1-3 bars) ``` ### PHASE D - Strength Emerges ``` SOS: ▲ Sign of Strength ────╥──── Break above resistance ║ High volume ║ Wide spread LPS: ▼ Last Point Support ■ Pullback on LOW volume ▲ Great entry point BU: ▲ Backup ■ Final consolidation ▲ Before markup ``` ### PHASE E - Markup ``` ╱ ╱ ╱ Strong uptrend ╱ High momentum ╱ Can last months/years ──╱── ``` --- ## DISTRIBUTION SCHEMATIC #2 (Classic Top) ``` Price Chart View: Uptrend │ PSY │ PHASE A ────BC────────┬─────────┬───────────┬────────── │ │ UTAD │ │ PHASE B │ │ PHASE D ┌AR──┤ ┌LPSY │ │ │ │ │ └───────────┤ │ └──┴──────┐ │╲ └ST──┤ │ │ ╲ │ └───────────┤ ╲ └─SOW─────┤ │ ╲ │ │ ╲ │ PHASE C │ ╲ │ │ PHASE E │ │ MARKDOWN ``` ### PHASE A - Stopping the Uptrend ``` PSY: │ High volume up bar ▲ Preliminary supply ■ Selling starting BC: │ VERY HIGH volume ▲ Buying climax █ Euphoric top █ Long upper wick AR: │ Automatic reaction ▼ Sharp selloff ■ High volume ST: │ Secondary test ▲ Low volume (KEY!) ■ Tests BC high ``` ### PHASE C - The Test (UTAD) ``` ▲ False breakout ────╥──── ║ Breaks ABOVE resistance ║ Often high volume spike ▼ █ Rejection / weak close █ Closes BELOW resistance ▼ CRITICAL: Closes weak Quick rejection Traps buyers ``` ### PHASE D - Weakness Emerges ``` SOW: ▼ Sign of Weakness ────╨──── Break below support ║ High volume ║ Wide spread LPSY: ▲ Last Point Supply ■ Rally on LOW volume ▼ Last chance to exit ``` --- ## VOLUME PATTERNS (Critical to Understanding) ### ACCUMULATION Volume Pattern ``` Volume │ SC █ █ ST ■ ■ Spring ■ ■ ■ SOS LPS ──┴────┴────┴──────█───■────► │ │ │ │ │ │ │ │ │ │ A A C D D Pattern: HIGH → low → low → HIGH → low Key: Volume DECREASES during range INCREASES on breakout ``` ### DISTRIBUTION Volume Pattern ``` Volume │ BC █ █ ST ■ ■ UTAD ■ ■ ■ SOW LPSY ──┴────┴────┴──────█───■────► │ │ │ │ │ │ │ │ │ │ A A C D D Pattern: HIGH → low → varies → HIGH → low Key: Volume MAY increase on UTAD Definitely HIGH on breakdown (SOW) ``` --- ## REAL TRADE SETUPS ### Setup #1: SPRING BUY ``` Entry Conditions: 1. Clear trading range identified 2. Price breaks BELOW support 3. Volume is LOW (critical!) 4. Price reverses QUICKLY 5. Closes ABOVE support level Entry: Next bar or on retest Stop: Below spring low Target: Top of range (minimum) Example: Support: $100 Spring low: $98 (low volume) Close: $101 Entry: $102 Stop: $97.50 Target: $120 (range top) Risk/Reward: 1:4 ``` ### Setup #2: UTAD SELL ``` Entry Conditions: 1. Clear trading range identified (after uptrend) 2. Price breaks ABOVE resistance 3. Often high volume spike 4. Price reverses QUICKLY 5. Closes BELOW resistance level Entry: Next bar or on retest Stop: Above UTAD high Target: Bottom of range (minimum) Example: Resistance: $200 UTAD high: $205 (spike) Close: $198 Entry: $197 Stop: $206 Target: $180 (range bottom) Risk/Reward: 1:2 ``` ### Setup #3: SOS BREAKOUT ``` Entry Conditions: 1. Clear accumulation range 2. Spring already occurred (ideal) 3. Price breaks ABOVE resistance 4. HIGH volume on breakout 5. Wide spread up bar Entry Option A: On breakout ($120) Entry Option B: Wait for LPS pullback ($115) Stop: Below range or LPS Target: Range height projected up Example: Range: $100-$120 (20 points) SOS breakout: $120 Entry A: $120 Stop: $115 Target 1: $140 (100%) Target 2: $150 (150%) ``` --- ## VSA SPECIFIC PATTERNS ### Pattern 1: No Demand (Weakness) ``` ▲ ■ Up bar ■ Low volume ◄── KEY ▲ Small body Context: After uptrend Meaning: Buyers exhausted Action: Prepare to sell ``` ### Pattern 2: No Supply (Strength) ``` ▼ ■ Down bar ■ Low volume ◄── KEY ▼ Small body Context: After downtrend Meaning: Sellers exhausted Action: Prepare to buy ``` ### Pattern 3: Stopping Volume ``` ═ Very high volume █ Narrow spread ◄── KEY ═ Price not moving Context: At extremes Meaning: Absorption Action: Expect reversal ``` --- ## COMMON MISTAKES (What NOT to Do) ### ❌ Mistake 1: Buying Prematurely ``` WRONG: SC ▼ █ ← DON'T BUY HERE CORRECT: Spring ─────╨───── ▼ █ ← BUY HERE ▲ ``` ### ❌ Mistake 2: Ignoring Volume ``` WRONG: "It broke below support, must be spring" ─────╨───── High volume █ This is a BREAKDOWN, not a spring! CORRECT Spring: ─────╨───── LOW volume ✓ ■ Quick reversal ✓ ▲ ``` ### ❌ Mistake 3: Trading Against Trend ``` WRONG: Markdown Phase E ╲ ╲ ← Trying to buy here ╲ ╲ CORRECT: Wait for new accumulation to complete ``` --- ## MULTI-TIMEFRAME EXAMPLE ### Weekly Chart: Phase E Markup (Bullish) ``` ╱ ╱ ╱ Long-term uptrend ╱ ───╱───── ``` ### Daily Chart: Re-Accumulation Phase C ``` ┌─────────┐ │ Spring │ ← We are here │ ▼ │ ─────┴────█────┴───── ▲ ``` ### 4-Hour Chart: Entry Timing ``` Last 48 hours: ─────╨───── Spring occurred █ ▲ ← Enter now ■ ``` **Result:** Triple confirmation across timeframes = High probability trade --- ## PROFIT TARGETS (Visual Guide) ### Method 1: Basic Measured Move ``` Resistance: 120 ┐ ───────── │ │ 20 points │ Support: 100 ┘ ───────── Breakout: 120 Target: 120 + 20 = 140 ╱╱╱ 140 (Target) ╱╱╱ ╱╱╱ ──────◄ 120 (Breakout) │ Range │ 20 │ ──────┘ 100 ``` ### Method 2: Multiple Targets ``` ╱╱╱ 150 (Target 3: 2.5x) - 20% position ╱╱╱ ╱╱╱ 140 (Target 2: 2x) - 30% position ╱╱╱ ─────◄╱ 130 (Target 1: 1x) - 50% position │ 10 │ 120 (Breakout) │ ─────┘ 110 (Support) ``` ### Method 3: Trailing Stop ``` 1. Move stop to breakeven at Target 1 2. Trail stop under swing lows 3. Let winners run ╱╱╱ ╱ ╱╱ ← Trail stop here ╱╱ ╱ ╱ ╱ ← Then here ─────◄──╱ ← Start here (breakeven) ``` --- ## TIMING ENTRIES (Exact Bar Patterns) ### Perfect Spring Entry ``` Bar 1: ▼ Breaks below (Low vol) █ Bar 2: ▲ Reverses (Closes strong) █ ◄─ ENTER HERE Bar 3: ■ Confirms ▲ DON'T WAIT for Bar 3! Enter on Bar 2 close ``` ### Perfect UTAD Entry ``` Bar 1: ▲ Breaks above (Spike vol OK) █ Bar 2: ▼ Reverses (Closes weak) █ ◄─ ENTER HERE Bar 3: ■ Confirms ▼ SHORT on Bar 2 close Don't wait for more confirmation ``` --- ## COMPOSITE OPERATOR PSYCHOLOGY ### What Smart Money Does (Follow Them) **Accumulation:** ``` 1. Create fear (PS, SC) 2. Shake out weak hands (Spring) 3. Absorb supply quietly (Phase B) 4. Test for remaining supply (Test) 5. Mark it up (SOS → Phase E) 💰 They buy LOW when retail panics ``` **Distribution:** ``` 1. Create euphoria (PSY, BC) 2. Trap late buyers (UTAD) 3. Distribute to buyers (Phase B) 4. Test for remaining demand (ST) 5. Mark it down (SOW → Phase E) 💰 They sell HIGH when retail buys ``` ### Where to Look for Smart Money ``` 💰 Buy signals appear at: - Demand zones (green boxes) - Springs and shakeouts - Tests of support - After selling climax 💰 Sell signals appear at: - Supply zones (red boxes) - UTAD and upthrusts - Weak rallies (LPSY) - After buying climax ``` --- ## PRACTICE EXERCISES ### Exercise 1: Identify the Phase Look at any chart and ask: 1. Is there a trading range? (Phase B likely) 2. Did we just stop a trend? (Phase A) 3. Was there a spring/UTAD? (Phase C) 4. Is there a breakout? (Phase D) 5. Is trend running? (Phase E) ### Exercise 2: Volume Analysis For each bar, note: - Volume level (High/Normal/Low) - Spread (Wide/Normal/Narrow) - Effort vs Result (Matching? Diverging?) ### Exercise 3: Find Historical Springs Go back 6 months: - Mark all springs you can find - Note the setup before each - Track what happened after - Calculate win rate --- ## FINAL VISUALIZATION: The Complete Cycle ``` ACCUMULATION → MARKUP → DISTRIBUTION → MARKDOWN → ACCUMULATION... Distribution Accumulation (Top) (Bottom) ┌───────────────┐ ┌───────────────┐ │ BC UTAD │ │ Spring SC │ │ │ │ │ │ │ │ │ ────┴───┴───┴───────┴─╲ ╱────────┴───┴───┴──── ╲ ╱ Markdown ╲ ╱ Markup (Phase E) ╲ ╱ (Phase E) ╲ ╱ ╲ ╱ ╲ ╱ ╲ ╱ V The market cycles endlessly Your job: Identify where you are in the cycle Trade accordingly ``` --- **Remember:** - 📊 Study charts daily - 📝 Journal every setup - 🎯 Wait for the best signals - 💰 Follow smart money - ⏰ Be patient - 🚀 Let winners run **The indicator does the heavy lifting - you make the decisions!**
Indicatore Pine Script®
di frankieho_92
GK Zero-Lag Major BOS TrendGK ZERO-LAG Major BOS Trend is a technical indicator designed to highlight breaks of structure BOS in the direction of the prevailing trend The script uses a zero-lag trend filter combined with confirmed structural high/low breaks to reduce noise and avoid minor or premature prints. Print labels are only printed after candle close, ensuring stable, and confirmed prints The indicator is designed to help traders identify trend continuation and structural shifts, making it suitable as a confirmed tool across multiple markets and timeframes. Best used on higher timeframes 5/15/30Min 2/3/4Hour also resistance and support lines Disclaimer this indicator is provided for educational purposes only
Indicatore Pine Script®
di hgavin780
Institutional Execution Engine v3 [Nishith Rajwar] Institutional Execution Engine v3 Market-Structure-Driven Execution Framework (Indicator + Strategy Hybrid) The **Institutional Execution Engine v3** is a professional-grade execution framework designed to model **how institutional participants interact with liquidity, volatility regimes, and market structure**. It is built for **index traders, crypto traders, and systematic intraday participants** who require **non-repainting, forward-validated signals** with strict risk control. This is **not a mashup of indicators**. Every module is purpose-built and interacts through a unified execution pipeline. --- 🔍 Core Concepts & Methodology 1️⃣ Market Structure & POI Engine * Identifies **Points of Interest (POIs)** using swing structure, volatility context, and liquidity positioning * POIs are **confirmed only after bar close** (strict non-repaint enforcement) * Adaptive pivot sensitivity based on selected execution preset 2️⃣ Liquidity-Aware Scoring System Each potential trade is filtered through a **multi-factor execution score**, including: * Structural alignment * Volatility normalization (ATR regime) * Liquidity reaction quality * Directional efficiency Trades are only allowed when the **minimum institutional score threshold** is met. 3️⃣ Regime Detection (Forward-Walk Safe) The engine dynamically classifies market conditions into execution regimes: * Trending * Rotational * Mean-reverting Regime detection is **forward-walk compatible** and does **not leak future data**. 4️⃣ Risk-First Execution Model * ATR-normalized stop placement * R-multiple-based take-profit targeting * Optional **single-trade-per-session guard** * Strategy engine includes **open-trade protection** to prevent over-execution 5️⃣ Strategy + Indicator Hybrid This script can be used in **two ways**: * **Indicator mode** → discretionary execution with visual POIs, signals, and context * **Strategy mode** → systematic backtesting with full TradingView Strategy Tester support Both modes share the **same execution logic** (no divergence). --- ⚙️ Preset-Driven Architecture Built-in execution presets auto-configure internal parameters without changing core logic: * **Scalp (Index)** * **Daytrade (Index)** * **Crypto Intraday** * **Institutional Research (FWalk)** Presets adjust pivot sensitivity, score thresholds, ATR behavior, and risk profile — while preserving execution integrity. --- ## 🚫 Non-Repainting & Data Integrity * No look-ahead bias * No future bar references * No repainting signals * VWAP and regime logic reset correctly per session * Safe handling of strategy.opentrades to avoid execution errors All signals are **bar-close confirmed**. --- 📊 Who This Is For ✔ Index traders (NIFTY / BANKNIFTY / SENSEX) ✔ Crypto intraday traders ✔ Systematic traders validating execution logic ✔ Traders who value **structure + liquidity + risk discipline** over indicators --- ⚠️ Disclaimer This script is a **research and execution framework**, not financial advice. Always forward-test and adapt risk parameters to your instrument and timeframe. --- **Author:** Nishith Rajwar **Version:** v3 **Execution Philosophy:** Trade where institutions execute — not where indicators react.
Strategia Pine Script®
di nishith85441
ARVEX V1“Failed Reversal – Opposite Candle Only (No Doji/Hammer/Hanging Man)”: This strategy captures failed reversal attempts where the current candle is opposite to the previous candle and volume is higher. It enters long if a bearish candle fails to break a previous bullish candle’s low, and short if a bullish candle fails to break a previous bearish candle’s high. Signals are canceled for Doji, Hammer, or Hanging Man candles. Entries only, fully backtestable.
Strategia Pine Script®
di riccabunalda
SNIPER ORB V3# 🎯 SNIPER ORB TRADING CHEAT SHEET ## Quick Reference Guide for Live Trading --- ## 📊 VISUAL IDENTIFICATION GUIDE ``` ═══════════════════════════════════════════════════════════════════ YOUR CHART AT A GLANCE ═══════════════════════════════════════════════════════════════════ 🔵 BRIGHT BLUE LINES (3px) → 5min ORB High/Low 🔷 CYAN LINES (2px) → 15min ORB High/Low 🟣 PURPLE LINES (2px) → 30min ORB High/Low (PRIMARY) 🟢 GREEN DASHED LINES (1px) → Upside targets (1x, 2x, 3x from 30min ORB) 🔴 RED DASHED LINES (1px) → Downside targets (1x, 2x, 3x from 30min ORB) 🟡 GOLD LINE (2px) → Anchored VWAP (9:30 AM anchor for NY, 3:00 AM for London) 📋 INFO TABLE (top-right) → Shows live ORB ranges, VWAP price, status ═══════════════════════════════════════════════════════════════════ ``` **KEY DIFFERENCE FROM OTHER ORB INDICATORS:** - You see **ALL 3 ORB PERIODS SIMULTANEOUSLY** (5min, 15min, 30min) - Targets calculated from **30min ORB ONLY** (not 5min or 15min) - **NO BOX FILLS** - clean line-only display for sniper precision - Auto-disappears at session end (no clutter from old sessions) --- ## 🔘 NEW FEATURE: ORB DISPLAY TOGGLES **You now have FULL CONTROL over which ORB periods to display!** ``` In indicator settings → "ORB Display" section: ☑ Show 5min ORB → Toggle blue lines ON/OFF ☑ Show 15min ORB → Toggle cyan lines ON/OFF ☑ Show 30min ORB → Toggle purple lines ON/OFF USE CASES: ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 1. FOCUS MODE (30min only) ☐ 5min ☐ 15min ☑ 30min → Clean chart, just your primary trading range → Best for beginners or minimalist traders 2. EARLY WARNING MODE (5min + 30min) ☑ 5min ☐ 15min ☑ 30min → See early breaks with 5min, trade 30min confirmation → Reduces visual noise from 15min 3. CONFLUENCE MODE (all 3 ORBs) ☑ 5min ☑ 15min ☑ 30min → Maximum information, all alignment signals → For advanced traders seeking highest probability 4. INTRADAY SCALP MODE (5min only) ☑ 5min ☐ 15min ☐ 30min → Ultra-fast entries on 5min breaks → High-risk, high-frequency approach ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 PRO TIP: Start with 30min only, then add 5min/15min as you gain experience ``` --- ## 🎯 FIXED: ANCHORED VWAP (TIMESTAMP-BASED) **The VWAP now anchors with SURGICAL PRECISION to the exact session start candle!** ``` LONDON SESSION: • Anchors at the EXACT 3:00 AM ET candle • Uses timestamp checking: hour == 3 AND minute == 0 • Resets every morning at London Open NEW YORK SESSION: • Anchors at the EXACT 9:30 AM ET candle • Uses timestamp checking: hour == 9 AND minute == 30 • Resets every day at NY Open WHAT THIS MEANS: ✅ VWAP starts accumulating from the first tick of the session ✅ No more "off by one bar" errors ✅ Institutional-grade VWAP anchoring ✅ Perfect alignment with your ORB start times HOW TO VERIFY IT'S WORKING: 1. Load indicator on 1min or 5min chart 2. Find the exact 9:30 AM candle (NY) or 3:00 AM candle (London) 3. VWAP should START appearing from that exact bar 4. Not the bar before, not the bar after - THAT EXACT BAR ``` --- ## ⏰ SESSION TIMING MATRIX | Session | Start Time | 5min Complete | 15min Complete | 30min Complete | Session End | |---------|-----------|---------------|----------------|----------------|-------------| | **London** | 3:00 AM ET | 3:05 AM | 3:15 AM | 3:30 AM | 9:30 AM ET (disappears) | | **New York** | 9:30 AM ET | 9:35 AM | 9:45 AM | 10:00 AM | 5:00 PM ET (disappears) | **💡 GOLDEN RULES:** 1. **WAIT FOR 30MIN ORB TO COMPLETE** before trading targets (10:00 AM NY / 3:30 AM London) 2. Use 5min and 15min ORBs as **early warning signals** only 3. All ORB lines + VWAP **auto-delete** at session end (clean chart) --- ## 🎯 THE 3-ORB SYSTEM: HOW IT WORKS ### **Hierarchical ORB Structure** ``` TIME: 9:30 AM ─────────────────────────────────> 10:00 AM ──────> 5:00 PM ↓ ↓ SESSION START 30min ORB COMPLETE (all 3 ORBs begin forming) (targets appear) 📍 5min ORB (9:30-9:35 AM): ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━> Purpose: EARLY breakout signal, fastest-moving boundary 📍 15min ORB (9:30-9:45 AM): ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━> Purpose: MID-TERM institutional reference level 📍 30min ORB (9:30-10:00 AM): ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━> Purpose: PRIMARY TRADING RANGE - all targets calculated from this 🎯 TARGETS (10:00 AM onward): ▪ ▪ ▪ ▪ ▪ (1x, 2x, 3x from 30min ORB) Purpose: Profit-taking levels based on 30min range ``` **Why 3 ORBs Instead of 1?** - **5min ORB**: Captures early institutional positioning (first 5 minutes) - **15min ORB**: Confirms directional bias (more stable than 5min) - **30min ORB**: Full market digestion of overnight news + opening orders - **Confluence = Higher Win Rate**: When all 3 align, breakouts are extremely reliable --- ## 🎯 THE 5 HIGH-PROBABILITY SETUPS ### **SETUP #1: TRIPLE ORB BREAKOUT CONFLUENCE** ⭐⭐⭐⭐⭐ ``` CONDITIONS: ✅ 30min ORB complete (10:00 AM NY / 3:30 AM London) ✅ Price breaks ALL 3 ORBs simultaneously: • 5min high/low (blue line) • 15min high/low (cyan line) • 30min high/low (purple line) ✅ VWAP confirms direction (below price = bullish, above = bearish) ✅ Volume spike on breakout candle ENTRY: Close of breakout candle (must close beyond ALL 3 ORBs) STOP: Inside 30min ORB at 30m low (long) or 30m high (short) TARGET 1: First green/red dashed line (0.5x 30m range) TARGET 2: Second target (1x 30m range) TARGET 3: Third target (1.5x 30m range) WIN RATE: 75-85% | R:R = 1:2.5 minimum NOTES: When all 3 ORBs align, institutional order flow is unanimous ``` --- ### **SETUP #2: 5MIN EARLY BREAKOUT → 30MIN CONFIRMATION** ⭐⭐⭐⭐ ``` CONDITIONS: ✅ Price breaks 5min ORB first (blue line crossed) ✅ 15min ORB holds initially (cyan line not crossed yet) ✅ After 30min ORB completes, price breaks 30min boundary (purple) ✅ VWAP alignment confirms direction ✅ All 3 ORBs now broken in same direction ENTRY: When 30min ORB breaks (purple line) + 5min/15min already broken STOP: 30min ORB opposite boundary TARGET 1-3: Standard targets from 30min ORB WIN RATE: 70-80% | R:R = 1:2+ NOTES: 5min gave early warning, 30min confirms institutional commitment ``` --- ### **SETUP #3: FALSE 5MIN BREAKOUT → 30MIN REVERSAL** ⭐⭐⭐⭐⭐ ``` CONDITIONS: ✅ Price breaks 5min ORB (blue line) ✅ Fails to break 15min or 30min ORBs (cyan/purple lines hold) ✅ Price reverses back inside 5min ORB ✅ Then breaks OPPOSITE side of 30min ORB (purple line) ✅ VWAP flips to confirm new direction ENTRY: When 30min ORB breaks in OPPOSITE direction of failed 5min break STOP: Failed 5min breakout high/low (now a liquidity grab zone) TARGET 1-3: Standard targets WIN RATE: 80-90% | R:R = 1:3+ (trapped traders forced to exit) NOTES: Most profitable setup - 5min breakout was liquidity hunt ``` --- ### **SETUP #4: TIGHT COMPRESSION → EXPLOSION** ⭐⭐⭐⭐ ``` CONDITIONS: ✅ All 3 ORBs tightly overlapping (5m, 15m, 30m within 50 points on YM) ✅ Range < 0.3% of price (very tight consolidation) ✅ VWAP sitting in middle of compression ✅ 30min ORB complete, price still inside all 3 ENTRY: Simultaneous break of ALL 3 ORBs + VWAP cross STOP: Middle of compression zone TARGET: 2x-4x normal targets (volatility expansion) WIN RATE: 65-75% | R:R = 1:5+ (explosive breakout) NOTES: Low volatility → high volatility shift, institutions coiling spring ``` --- ### **SETUP #5: VWAP BOUNCE WITHIN 30MIN ORB** ⭐⭐⭐⭐ ``` CONDITIONS: ✅ Price stayed inside 30min ORB for 1+ hours post-formation ✅ VWAP acting as dynamic support (long) or resistance (short) ✅ Price bouncing between VWAP and 30min ORB boundaries ✅ Clear rejection candles at VWAP ENTRY: When price bounces off VWAP toward 30min ORB boundary • Long: VWAP bounce up toward 30m high (purple) • Short: VWAP rejection down toward 30m low (purple) STOP: Beyond VWAP by 20 points TARGET: 30min ORB opposite boundary WIN RATE: 70-80% | R:R = 1:1.5-2 NOTES: Range-bound play, NOT for breakout traders ``` --- ## 🛡️ RISK MANAGEMENT RULES ### **Position Sizing by ORB Range** ``` 30min ORB Range | Stop Distance | Risk $500 (1%) | YM Contracts -----------------|------------------|-----------------|------------- < 50 points | 50 pts | $500 ÷ $250 = | 2 contracts 50-100 points | 100 pts | $500 ÷ $500 = | 1 contract 100-150 points | 150 pts | $500 ÷ $750 = | 0.66 (use 1) 150-200 points | 200 pts | $500 ÷ $1000 = | 0.5 (use 1) > 200 points | Don't trade | Too wide | Skip setup Formula: Risk $ ÷ (Stop Distance × $5 per YM point) = Max Contracts ``` ### **The 3-Strike Rule (MANDATORY)** ``` ✅ Trade 1: Full position size (based on 30m ORB range) ❌ Stop hit → Trade 2: HALF position size ❌ Stop hit → Trade 3: QUARTER position size ❌ Stop hit → DONE FOR THE DAY (no exceptions) ``` ### **Profit Taking Ladder** ``` TARGET 1 (0.5x 30m range): Take 50% off, move stop to breakeven TARGET 2 (1.0x 30m range): Take 30% off, trail stop by 25 points TARGET 3 (1.5x 30m range): Take 15% off, let 5% run with 50pt trail ``` --- ## ⚠️ DO NOT TRADE IF... ``` 🚫 30min ORB incomplete (< 10:00 AM NY / < 3:30 AM London) 🚫 30min ORB range < 40 points YM (too tight, likely chop) 🚫 30min ORB range > 250 points YM (too wide, unpredictable) 🚫 All 3 ORBs wildly divergent (5m=100pts, 15m=180pts, 30m=240pts) 🚫 Major news release within 30 minutes (wait for ORB to reform) 🚫 You've hit 3 losses in the session (3-strike rule) 🚫 You're tired, emotional, revenge trading, or distracted 🚫 Time > 12:00 PM ET (lunch, avoid until 1:00 PM) 🚫 Time > 3:00 PM ET unless Power Hour (3:00-4:00 PM) momentum ``` --- ## 🔍 PRE-SESSION CHECKLIST **15 Minutes Before London (2:45 AM ET) or NY (9:15 AM ET):** ``` □ Check economic calendar (FOMC? NFP? CPI? → extra caution) □ Review previous session's ORB ranges (context for today's volatility) □ Load SNIPER ORB on 1min or 5min chart □ Select correct session: "London" or "New York" □ Verify indicator settings: • Number of Targets: 3 • Target % of 30min Range: 50% • Show Anchored VWAP: ON □ Set TradingView alerts: • 30min ORB complete (10:00 AM or 3:30 AM) • Price crossing 30min high/low • VWAP crosses □ Prepare bracket orders mentally (entry, stop, 3 targets) □ Review yesterday's P&L and lessons learned □ Set phone to "Do Not Disturb" mode ``` --- ## 🎨 INDICATOR SETTINGS GUIDE ### **Core Settings (Updated with Toggles)** ``` SESSION SETTINGS: ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ • Active Session: "London" or "New York" ORB DISPLAY (NEW!): ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ☑ Show 5min ORB (toggle blue lines) ☑ Show 15min ORB (toggle cyan lines) ☑ Show 30min ORB (toggle purple lines) 💡 Turn OFF any ORB to declutter your chart! TARGET SETTINGS: ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ • Number of Targets: 3 (default) • Target % of 30min Range: 50% (default) VWAP SETTINGS: ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ☑ Show Anchored VWAP • VWAP Color: Gold (#FFC107) • VWAP Width: 2px ``` ### **Color Customization (Optimized for Dark Charts)** ``` DEFAULT COLORS: ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 5min ORB: Bright Blue (#2196F3) - 3px wide 15min ORB: Cyan (#00BCD4) - 2px wide 30min ORB: Purple (#9C27B0) - 2px wide Upside Targets: Green (#4CAF50) - 1px dashed Downside Targets: Red (#F44336) - 1px dashed VWAP: Gold (#FFC107) - 2px solid ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ WHY THESE COLORS? • Blue family (5m/15m) = short-term, high-frequency • Purple (30m) = primary, institutional level • Green/Red = universal up/down • Gold VWAP = fair value anchor (stands out) ``` ### **Settings by Trading Style** **BEGINNER (Clean & Simple):** ``` ORB Display: ☐ Show 5min ORB ☐ Show 15min ORB ☑ Show 30min ORB (30min only - focus mode) Number of Targets: 2-3 Target % of 30min Range: 50% Chart Timeframe: 5-minute ``` **SCALPER (5-15 min holds):** ``` ORB Display: ☑ Show 5min ORB (early signals) ☐ Show 15min ORB ☑ Show 30min ORB (confirmation) Number of Targets: 5 Target % of 30min Range: 30-40% Label Size: Tiny Chart Timeframe: 1-minute ``` **DAY TRADER (30-90 min holds):** ``` ORB Display: ☑ Show 5min ORB ☑ Show 15min ORB ☑ Show 30min ORB (all 3 - confluence mode) Number of Targets: 3 Target % of 30min Range: 50% Label Size: Small Chart Timeframe: 5-minute (RECOMMENDED) ``` **SWING TRADER (2-4 hour holds):** ``` ORB Display: ☐ Show 5min ORB (too noisy for swings) ☑ Show 15min ORB ☑ Show 30min ORB Number of Targets: 2-3 Target % of 30min Range: 75-100% Label Size: Normal Chart Timeframe: 15-minute ``` --- ## 📈 TIMEFRAME SELECTION GUIDE | Your Timeframe | What You See | Best For | |---------------|--------------|----------| | **1-minute** | Every tick, high noise | Scalping, precision entries | | **5-minute** | Balanced clarity | Day trading (RECOMMENDED) | | **15-minute** | Clean structure | Swing positions | | **30-minute** | Too compressed | Not recommended (can't see ORB form) | **💡 PRO TIP:** - **Primary chart: 5-minute** (for entries and monitoring) - **Secondary chart: 1-minute** (for precise timing) - **Never go above 15-minute** (ORBs won't form properly) --- ## 🧠 READING THE 3-ORB STRUCTURE ### **Bullish Alignment Patterns** ``` PATTERN 1: "Staircase Expansion" 5min: ━━━━ (tight, 60 pts) 15min: ━━━━━━ (wider, 90 pts) 30min: ━━━━━━━━ (widest, 120 pts) → Bullish expansion, expect upside breakout PATTERN 2: "Nested Compression" 5min: ━━ (30 pts) 15min: ━━━ (35 pts) 30min: ━━━━ (40 pts) → All tight, explosive breakout likely PATTERN 3: "Early Commitment" 5min: ━━━━━━ (100 pts, already broken up) 15min: ━━━━━ (80 pts, holding) 30min: ━━━━━ (110 pts, about to break) → 5min led the way, 30min confirmation coming ``` ### **Bearish Alignment Patterns** ``` PATTERN 1: "Waterfall Setup" 5min: ━━━━ (50 pts, broke down) 15min: ━━━━━ (70 pts, broke down) 30min: ━━━━━━ (90 pts, about to break) → Sequential breakdown, strong bearish momentum PATTERN 2: "Failed Highs" 5min: ━━━━━━ (upper wick rejections) 15min: ━━━━━━ (couldn't break) 30min: ━━━━━━━ (topped out) → All 3 rejecting highs, bearish reversal likely ``` ### **Neutral/Chop Patterns (AVOID TRADING)** ``` PATTERN 1: "Wide Divergence" 5min: ━━ (30 pts) 15min: ━━━━━━━ (120 pts) 30min: ━━━━━━━━━━━ (200 pts) → No consensus, unpredictable, skip PATTERN 2: "Whipsaw City" • Price breaking 5min up, then down, then up again • 15min and 30min not aligned • VWAP getting crossed every 5 minutes → Chop day, step aside, wait for clarity ``` --- ## 📊 INTEGRATION WITH YM ULTIMATE SNIPER v8.1 **The 2-System Confluence Method:** ``` ┌─────────────────────────────────────────────────────────────┐ │ STEP 1: SNIPER ORB → Defines "Zones That Matter" │ │ • 30min ORB = primary institutional range │ │ • VWAP = fair value anchor │ │ • Targets = profit zones │ │ • 5min/15min = early warning signals │ └─────────────────────────────────────────────────────────────┘ ↓ ┌─────────────────────────────────────────────────────────────┐ │ STEP 2: YM ULTIMATE SNIPER → Triggers precise entry │ │ • Wait for GOD MODE signal AT 30min ORB boundary │ │ • 6-gate filter: Score ≥9, fat body ≥70%, delta ≥70% │ │ • Candle Dominance Index (CDI) ≥7 │ │ • Intrabar pressure consistent throughout formation │ └─────────────────────────────────────────────────────────────┘ ↓ ┌─────────────────────────────────────────────────────────────┐ │ STEP 3: EXECUTE TRADE │ │ • ORB breakout + GOD MODE = MAXIMUM PROBABILITY │ │ • Enter ONLY when BOTH systems align │ │ • This is TRUE "sniper" trading (2-5 trades/day max) │ └─────────────────────────────────────────────────────────────┘ ``` **Confluence Scoring for Combined System:** ``` SNIPER ORB Criteria: □ 30min ORB complete (10:00 AM+) +2 points □ All 3 ORBs broken in same direction +2 points □ VWAP alignment (below=bull, above=bear) +1 point □ Volume spike on breakout candle +1 point □ Tight 3-ORB compression (<100pt divergence) +1 point YM ULTIMATE SNIPER Criteria: □ GOD MODE signal at ORB boundary +3 points □ Score ≥9.0 (tier classification) +1 point □ Candle Dominance Index (CDI) ≥8 +1 point TOTAL POSSIBLE: 12 points TRADE EXECUTION RULES: • 10-12 points = MAX SIZE (this is the holy grail setup) • 8-9 points = FULL SIZE (high probability) • 6-7 points = HALF SIZE (moderate probability) • <6 points = NO TRADE (wait for better alignment) ``` --- ## 💡 COMMON MISTAKES & FIXES ``` ❌ MISTAKE: Trading before 30min ORB completes ✅ FIX: Wait until 10:00 AM (NY) or 3:30 AM (London), NO EXCEPTIONS ❌ MISTAKE: Ignoring 5min and 15min ORBs (only watching 30min) ✅ FIX: Use all 3 for confluence - they're your early warning system ❌ MISTAKE: Chasing breakouts 100+ points beyond 30min ORB ✅ FIX: Wait for pullback to VWAP or 30min boundary for re-entry ❌ MISTAKE: Not adjusting target % for market conditions ✅ FIX: Volatile day (ORB >200pts)? Use 75-100% targets Calm day (ORB <80pts)? Use 30-40% targets ❌ MISTAKE: Trading when all 3 ORBs are wildly different sizes ✅ FIX: Skip the day if 5m/15m/30m diverge by >100pts - no consensus ❌ MISTAKE: Forgetting VWAP position ✅ FIX: VWAP MUST confirm bias: • Long: price > VWAP • Short: price < VWAP • If VWAP contradicts, skip the trade ❌ MISTAKE: Not respecting the 3-strike rule ✅ FIX: 3 losses = DONE for the session, no rationalization ❌ MISTAKE: Trading during lunch (12:00-1:00 PM ET) ✅ FIX: Volume dies, ORBs lose relevance, false signals increase ``` --- ## 🔔 ALERT SETUP (ESSENTIAL) **TradingView Alerts You MUST Set:** ``` ALERT 1: "30min ORB Complete" • Type: Time-based • Trigger: 10:00 AM ET (NY) or 3:30 AM ET (London) • Message: "🎯 30min ORB complete - targets now active" ALERT 2: "30min ORB High Breakout" • Type: Crossing Up • Value 1: Close • Value 2: 30min ORB High (purple line) • Message: "🚀 30m ORB HIGH broken - check for long setup" ALERT 3: "30min ORB Low Breakdown" • Type: Crossing Down • Value 1: Close • Value 2: 30min ORB Low (purple line) • Message: "📉 30m ORB LOW broken - check for short setup" ALERT 4: "VWAP Cross" • Type: Crossing • Value 1: Close • Value 2: VWAP • Message: "⚡ VWAP crossed - check institutional bias shift" ALERT 5: "Target 1 Hit" • Type: Crossing • Value 1: High (for longs) or Low (for shorts) • Value 2: First target line • Message: "🎯 Target 1 hit - take 50% off, move stop to BE" ``` --- ## 📱 MOBILE TRADING WORKFLOW **TradingView Mobile App Setup:** ``` 1. SAVE LAYOUT • Chart: 5-minute timeframe • SNIPER ORB indicator loaded • YM Ultimate SNIPER v8.1 loaded (if using) • Save as "SNIPER ORB - YM" 2. ENABLE NOTIFICATIONS • Settings → Notifications → Push Alerts: ON • All 5 alerts above configured 3. QUICK ACCESS • Add YM futures to Watchlist: "MYM" or "YM1!" • Pin SNIPER ORB layout to favorites 4. EXECUTION READY • Broker app (TastyTrade, NinjaTrader, etc.) logged in • Preset bracket orders: - Entry: market order - Stop: 30m ORB opposite boundary - Targets: 3 levels (50%, 30%, 20% of position) 5. BATTERY & CONNECTIVITY • Phone charged 100% before session • Stable WiFi or LTE connection • Backup power bank available ``` --- ## 🎓 DAILY PERFORMANCE JOURNAL **After Each Trading Session (MANDATORY):** ``` ═══════════════════════════════════════════════════════════════ DATE: __________ SESSION: □ London □ New York ═══════════════════════════════════════════════════════════════ ORB DATA: • 5min ORB Range: ______ points • 15min ORB Range: ______ points • 30min ORB Range: ______ points • Alignment: □ Tight □ Moderate □ Wide (skip if wide) VWAP BEHAVIOR: • Opening position: □ Above price □ Below price □ Mixed • Did VWAP act as support/resistance? □ Yes □ No TRADES TAKEN: Total Setups Identified: _____ Trades Executed: _____ Win/Loss Record: _____ W / _____ L Win Rate: _____% Gross P&L: $_______ Net P&L (after commissions): $_______ BEST TRADE: • Setup: ____________________ (which of the 5 setups?) • Entry Price: ______ Exit Price: ______ • Profit: $_______ • What went RIGHT: _________________________________ _________________________________________________ WORST TRADE: • Setup: ____________________ • Entry Price: ______ Exit Price: ______ • Loss: $_______ • What went WRONG: _________________________________ _________________________________________________ • Lesson Learned: ___________________________________ 3-STRIKE RULE STATUS: □ No losses (great day) □ 1 loss (still in game) □ 2 losses (caution, half size) □ 3 losses (stopped for day, as required) TOMORROW'S ADJUSTMENTS: □ _________________________________________________ □ _________________________________________________ □ _________________________________________________ EMOTIONAL STATE TODAY: □ Calm & focused (optimal) □ Anxious/rushed (need to work on patience) □ Overconfident (dial back position size) □ Fearful (review winning trades to build confidence) ═══════════════════════════════════════════════════════════════ ``` --- ## 🚀 YOUR FIRST LIVE TRADE WALKTHROUGH **Step-by-Step for New York Session (Most Common):** ``` ⏰ 9:15 AM ET - PREPARATION □ Load SNIPER ORB on YM 5-minute chart □ Select "New York" session in indicator settings □ Verify VWAP is showing (gold line) □ Check economic calendar (any big news at 9:30?) □ Prepare mentally: "I will wait for 30min ORB to complete" ⏰ 9:30 AM ET - SESSION OPENS □ Watch 3 ORBs begin forming: • Blue lines (5min) will lock in at 9:35 AM • Cyan lines (15min) will lock in at 9:45 AM • Purple lines (30min) will lock in at 10:00 AM □ Observe VWAP anchoring at 9:30 AM candle □ DO NOT TRADE YET - just observe ⏰ 9:35 AM - 5MIN ORB COMPLETE □ Note 5min high/low (blue lines locked) □ Check info table: "5m Range = XX points" □ If 5min ORB breaks early, note direction but DON'T ENTER ⏰ 9:45 AM - 15MIN ORB COMPLETE □ Note 15min high/low (cyan lines locked) □ Compare to 5min ORB: Aligned? Expanding? □ Still waiting... patience pays ⏰ 10:00 AM - 30MIN ORB COMPLETE (TARGETS APPEAR!) □ Purple lines locked (30m high/low) □ Green/red dashed target lines appear automatically □ Info table shows "Status: ✓ Complete" □ NOW you can trade breakouts ⏰ 10:00 AM - 11:30 AM - TRADING WINDOW □ Wait for price to break purple line (30m ORB high or low) □ Confirm: 1. All 3 ORBs broken in same direction? 2. VWAP confirming (below=bullish, above=bearish)? 3. Volume spike visible? 4. YM SNIPER GOD MODE signal? (if using) □ If all YES → ENTER TRADE: • Market order at breakout close • Stop at 30m ORB opposite boundary • Targets at green/red dashed lines ⏰ TARGET MANAGEMENT □ Price hits first target (1x) → Take 50% off, move stop to BE □ Price hits second target (2x) → Take 30% off, trail stop □ Price hits third target (3x) → Take 15% off, let 5% run ⏰ 12:00 PM - LUNCH (AVOID TRADING) □ Volume dies down □ ORBs become less relevant □ Take a break, review morning trades ⏰ 1:00 PM - 3:00 PM - AFTERNOON SESSION □ ORBs still valid but less reliable □ Consider waiting for Power Hour (3:00-4:00 PM) ⏰ 5:00 PM - SESSION END □ All ORB lines disappear automatically □ VWAP disappears automatically □ Chart cleans itself - ready for tomorrow □ Fill out daily journal ``` --- ## 🏆 WINNING MINDSET AFFIRMATIONS Read these BEFORE each trading session: ``` "I trade ORBs, not chaos. Structure gives me edge." "3 high-quality trades beat 20 mediocre ones." "The 30min ORB is my anchor. I wait for it. Every. Single. Time." "When all 3 ORBs align, institutions are unified. I follow." "VWAP is my institutional compass. I respect its guidance." "3 strikes and I'm out. Discipline > Ego." "I am a SNIPER, not a machine gunner. Precision wins." "My edge is patience. Let the ORBs complete." "I don't predict. I react to proven structure." "One perfect setup is worth waiting all morning." ``` --- ## 📞 TROUBLESHOOTING **"ORB lines not showing on chart!"** → Check timeframe: Must be 1min-30min (not daily/weekly) → Verify session time: Must be during London (3AM-9:30AM) or NY (9:30AM-5PM) → Check indicator status: Should say "⏳ Forming" or "✓ Complete" in table **"Targets not appearing!"** → 30min ORB must be complete (10:00 AM NY / 3:30 AM London) → Check "Number of Targets" setting (must be ≥1) → Verify "Target % of 30min Range" is set (default 50%) **"VWAP disappeared!"** → Normal behavior: VWAP auto-deletes at session end (5PM NY / 9:30AM London) → Toggle "Show Anchored VWAP" OFF then ON to reset → Check if you're viewing chart outside session hours **"All 3 ORBs look the same!"** → This is actually GOOD - means tight alignment (high-probability setup) → If they're diverging wildly (>100pts difference), that's a skip signal **"Info table blocking my view!"** → Info table is in top-right corner by default → Drag it to a different position (TradingView allows moving) → Or minimize it by clicking the small arrow **"Colors are hard to see on my chart!"** → Go to indicator settings: • "5min ORB", "15min ORB", "30min ORB" color pickers • "Upside Targets", "Downside Targets" color pickers • Recommended: Use contrasting colors vs your chart background --- ## 📚 ADVANCED INTEGRATION TECHNIQUES ### **Combining with Market Profile** ``` • Use Volume Profile to identify Value Area High (VAH) and Low (VAL) • If 30min ORB aligns with VAH/VAL → extra confluence • POC (Point of Control) acts similar to VWAP ``` ### **Combining with Cumulative Delta** ``` • Check if delta is positive on 30min ORB high break (bullish confirmation) • Negative delta on low break confirms bearish institutional flow • Your YM SNIPER already tracks this - use together! ``` ### **Combining with Options Flow** ``` • Large call buying near 30min ORB high? Institutions positioning for breakout • Large put buying near 30min ORB low? Smart money hedging/shorting • Tools: Unusual Whales, Cheddar Flow, OptionStrat ``` --- ## 🎯 FINAL PRE-LIVE CHECKLIST **DO NOT GO LIVE UNTIL ALL CHECKED:** ``` □ Practiced on TradingView Replay for 2+ weeks □ Can identify all 5 setups by pattern recognition □ Understand why targets come from 30min ORB only □ Know difference between 5min/15min/30min roles □ Risk management rules memorized (position sizing, 3-strike) □ YM Ultimate SNIPER v8.1 loaded (optional but recommended) □ All 5 TradingView alerts configured □ Broker platform tested with demo account □ Stop/target orders can be placed in <10 seconds □ Daily journal template prepared □ Emotional state: calm, patient, focused □ Account size: Minimum $10,000 recommended □ Understand auto-disappear behavior (ORBs delete at session end) □ Know NOT to trade before 30min ORB complete □ Comfortable with looking at chart and seeing 6+ lines (3 ORBs + targets) IF ALL CHECKED → YOU'RE READY TO SNIPE! 🎯 IF ANY UNCHECKED → KEEP PRACTICING, DON'T RUSH ``` --- ## 💎 THE CORE PRINCIPLE ``` ╔═══════════════════════════════════════════════════════════╗ ║ ║ ║ "The ORB doesn't predict the market. ║ ║ The ORB reveals where institutions are positioned. ║ ║ ║ ║ When you see all 3 ORBs align and break, ║ ║ you're not guessing direction— ║ ║ you're following the billion-dollar order flow." ║ ║ ║ ║ THAT'S YOUR EDGE. ║ ║ ║ ╚═══════════════════════════════════════════════════════════╝ ``` **🎯 Good luck, stay patient, and happy sniping! 🎯** ═══════════════════════════════════════════════════════════════════ END OF SNIPER ORB TRADING CHEAT SHEET v3.0 ═══════════════════════════════════════════════════════════════════
Indicatore Pine Script®
di alexandrodisla
1
Custom RSI + Divergence + Bold Lines (v6, matched)📌 Custom RSI with Divergence & Dynamic Coloring This indicator enhances the classic Relative Strength Index (RSI) by combining dynamic visual feedback with automatic regular divergence detection. It is designed to help traders quickly identify overbought / oversold conditions and potential momentum shifts through clear and intuitive visualization. ⸻ 🔍 Key Features 1️⃣ Dynamic RSI Line Coloring • Overbought zone (RSI > Overbought level) → RSI line turns green • Oversold zone (RSI < Oversold level) → RSI line turns red • Neutral zone → RSI line remains white This allows instant recognition of the current RSI state. ⸻ 2️⃣ Overbought / Oversold Visual Highlighting • Clear overbought and oversold reference lines • Background shading when RSI enters these zones → improves signal visibility and reaction speed ⸻ 3️⃣ Automatic Regular Divergence Detection • Bullish Divergence • Price makes a lower low • RSI makes a higher low • Pivot lows are connected with a bold green line • Bearish Divergence • Price makes a higher high • RSI makes a lower high • Pivot highs are connected with a bold red line Pivot points are connected directly, making divergence structures easy to identify at a glance. ⸻ 4️⃣ Clear Signal Markers • Bullish divergence: ▲ (bottom of the RSI pane) • Bearish divergence: ▼ (top of the RSI pane) ⸻ ⚙️ Inputs • RSI Length • Overbought / Oversold Levels • Pivot Length (controls divergence sensitivity) ⸻ 💡 How to Use • Oversold + Bullish Divergence → Potential rebound setup • Overbought + Bearish Divergence → Potential pullback or reversal • Best used in combination with trend analysis, support/resistance, and volume ⸻ ⚠️ Notes • Divergence signals are probabilistic, not guaranteed. • In ranging markets, divergences may appear more frequently. • Always apply proper risk management. ⸻ 🎯 Best For • Traders who actively use RSI • Traders looking for clean and intuitive divergence visualization • Users who prefer minimal but informative indicators
Indicatore Pine Script®
di Yesugei
Liquidity Entry Triggers (4-Model System) | WarRoomXYZLiquidity Entry Triggers is an open-source, price-action-based analytical framework designed to highlight recurring institutional liquidity behaviors that appear across all liquid markets. The script focuses on how and where liquidity is taken, rather than attempting to predict direction using oscillators or lagging indicators. It is optimized for XAUUSD, FX pairs, indices, and crypto , particularly on 1m–15m timeframes where session behavior and liquidity reactions are most visible. This tool is not a buy/sell signal generator . It provides contextual entry zones based on structural liquidity logic, allowing traders to apply their own execution rules. Core Philosophy Markets move because of: •Trapped traders •Forced liquidations •Session-based liquidity cycles •Reactions at prior institutional participation zones This script visualizes four repeatable entry triggers that emerge from those mechanisms. 🔹 1. Failed Breakout / Trapped Trader Model When price breaks a clearly defined range high or low, breakout traders often enter expecting continuation. If price fails to hold outside the range and closes back inside, those traders become trapped. The script detects: •Breaks beyond recent highs/lows •Immediate rejection back into the range •Structural failure of momentum These conditions frequently lead to mean reversion or reversal moves as trapped traders exit and fuel movement in the opposite direction. Markers are plotted at the point of failure to highlight potential trap zones. 🔹 2. Liquidation Flush Detection Sharp impulsive candles with abnormally large wicks often represent liquidation cascades rather than healthy trend continuation. The script identifies liquidation behavior by measuring: •Wick-to-body imbalance •Sudden expansion followed by rejection •Temporary price inefficiencies These flushes commonly occur near: •Session highs/lows •Range extremes •Trend exhaustion points Such events often lead to rebalance moves , where price partially or fully fills the wick. 🔹 3. Orderblock Reaction Zones Orderblocks represent areas where heavy participation occurred before a strong displacement move. The script highlights: •Clean bullish and bearish orderblock structures •Zones formed during consolidation prior to expansion •Areas likely to be defended when revisited Orderblocks with minimal noise and clean departure are prioritized, as they often reflect institutional positioning rather than retail activity. These zones are intended as reaction areas , not automatic entry signals. 🔹 4. London Session Liquidity Sweep Model The London session frequently establishes the initial daily high or low. Later in the session or during New York, price often: •Sweeps internal liquidity around that level •Rejects after the sweep •Continues with the higher-timeframe bias The script monitors London session behavior and marks: •Liquidity runs above/below London highs and lows •Rejections back inside the prior structure This model is especially effective when combined with broader daily context. 🔹4. How the Components Work Together The framework is designed as a context stack , not a checklist of signals: Liquidity Event → Location → Timing → Trader Execution Each model reinforces the others: •Failed breakouts often occur after liquidity sweeps •Liquidation wicks frequently form near orderblocks •London sweeps often trigger failed momentum moves •Confluence increases probability, not certainty 🔹 Practical Usage Guide ✔ Identify context Determine whether price is approaching a range extreme, session level, or prior participation zone. ✔ Wait for a liquidity event Look for a sweep, failed breakout, or liquidation wick. ✔ Observe reaction Rejection, displacement, or reclaim behavior provides confirmation. ✔ Execute manually Stops are commonly placed beyond the liquidity extreme. Targets are typically internal liquidity, prior highs/lows, or imbalance zones. The indicator does not manage trades or enforce rules. Execution and risk management remain the trader’s responsibility. 🔹 5. Originality & Design Notes This script does not replicate or bundle existing indicators. It introduces: •A multi-model liquidity entry framework •Structural failed breakout detection •Wick-based liquidation imbalance logic •Session-aware liquidity sweep visualization •A unified, minimal, non-lagging design All concepts are based on observable market behavior and integrated into a single analytical tool. 🔹 6. Suitable Markets & Timeframes Works best on: •XAUUSD •Major FX pairs •Indices •Liquid crypto markets Recommended timeframes: •1m •5m •15m •30m 🔹7. Limitations & Notes •This is an analytical framework , not a trading system •All markings are confirmed at candle close (non-repainting) •No open interest or order flow data is used •Results depend on user interpretation and execution •Best used alongside session bias and higher-timeframe structure Disclaimer This script is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any instrument. Trading involves risk, and losses can exceed initial deposits. The author assumes no responsibility for trading decisions made using this tool. Users are strongly encouraged to test this script in demo or simulation environments and to apply proper risk management, position sizing, and personal discretion at all times. By using this script, you acknowledge and accept all associated risks.
Indicatore Pine Script®
di WarroomXYZ
Scout Regiment - Signal📊 中文版 指标简介 Buy/Sell Signal 多维度交易信号指标 这是一个结合了EMA趋势过滤、CCI动量指标和RSI背景环境的多维度交易信号系统。通过三重过滤机制，帮助交易者在合适的市场环境中捕捉高质量的买卖信号。 核心特点 ✅ 趋势过滤：使用233周期EMA确保顺势交易 ✅ 动量确认：CCI(33)穿越信号作为入场触发 ✅ 背景过滤：RSI(13)环境判断，避免同一背景重复信号 ✅ 智能去重：每个RSI背景周期内只标记首次信号 ✅ 清晰标识：三角形标记配合颜色区分买卖方向 使用说明 信号逻辑： 做多信号 (Buy)： 收盘价 > EMA233（确认上升趋势） CCI33向上穿越20（动量转强） 情况1：在RSI红色背景中首次出现 情况2：在RSI绿色背景中出现 做空信号 (Sell)： 收盘价 < EMA233（确认下降趋势） CCI33向下穿越80（动量转弱） 情况1：在RSI绿色背景中首次出现 情况2：在RSI红色背景中出现 参数设置 EMA过滤长度：默认233，用于判断主趋势方向 CCI长度：默认33，控制动量指标灵敏度 RSI长度：默认13，用于背景环境判断 重要提示 ⚠️ 信号出现后不要立即下单！请务必检查： CCI中期是否出现"浪子回头"形态 OBV成交量状态是否配合 RSI是否成功穿越50中线 结合其他技术分析工具综合判断 💡 建议配合使用： 支撑阻力位分析 成交量指标（如OBV） 更大周期的趋势确认 📈 English Version Indicator Overview Buy/Sell Signal - Multi-Dimensional Trading Signal System This is a comprehensive trading signal system that combines EMA trend filtering, CCI momentum indicator, and RSI background environment. Through a triple-layer filtering mechanism, it helps traders capture high-quality buy and sell signals in appropriate market conditions. Key Features ✅ Trend Filter: 233-period EMA ensures trend-following trades ✅ Momentum Confirmation: CCI(33) crossover signals as entry triggers ✅ Background Filter: RSI(13) environment detection to avoid duplicate signals ✅ Smart Deduplication: Only first signal per RSI background cycle ✅ Clear Visualization: Triangle markers with color-coded direction How to Use Signal Logic: Buy Signal: Close > EMA233 (confirms uptrend) CCI33 crosses above 20 (momentum strengthens) Case 1: First occurrence in RSI red background Case 2: Occurs in RSI green background Sell Signal: Close < EMA233 (confirms downtrend) CCI33 crosses below 80 (momentum weakens) Case 1: First occurrence in RSI green background Case 2: Occurs in RSI red background Parameter Settings EMA Filter Length: Default 233, for main trend direction CCI Length: Default 33, controls momentum sensitivity RSI Length: Default 13, for background environment detection Important Notes ⚠️ DO NOT enter trades immediately after signal appears! Always check: Whether CCI shows a "reversal" pattern in medium-term OBV volume status confirmation Whether RSI successfully crosses the 50 midline Combine with other technical analysis tools 💡 Recommended to Use With: Support/Resistance analysis Volume indicators (such as OBV) Higher timeframe trend confirmation Risk Disclaimer This indicator is for reference only and does not constitute investment advice. Trading involves risk. Please conduct thorough analysis and use proper risk management before making any trading decisions. 适合交易者类型 / Suitable For: 波段交易者 / Swing Traders 日内交易者 / Day Traders 趋势跟踪者 / Trend Followers 适用市场 / Applicable Markets: 股票 / Stocks 外汇 / Forex 加密货币 / Crypto 期货 / Futures
Indicatore Pine Script®
di lwmxmpyp
Alertes Trading Manuel//@version=6 indicator("Signal simple +0.5% LONG", overlay = true) // --- Paramètres --- tpPctInput = input.float(0.5, "TP (%)", step = 0.1) // objectif pour toi : 0.5% slPctInput = input.float(0.3, "SL (%)", step = 0.1) // SL indicatif : 0.3% tpPct = tpPctInput / 100.0 slPct = slPctInput / 100.0 emaLenFast = input.int(50, "EMA rapide (intraday)", minval = 1) emaLenSlow = input.int(200, "EMA lente (intraday)", minval = 1) volLen = input.int(20, "Période moyenne Volume", minval = 1) // --- Tendance daily : MA200 jours --- ma200D = request.security(syminfo.tickerid, "D", ta.sma(close, 200)) above200D = close > ma200D // --- Tendance intraday --- emaFast = ta.ema(close, emaLenFast) emaSlow = ta.ema(close, emaLenSlow) upTrendIntraday = close > emaFast and emaFast > emaSlow // --- MACD & RSI --- = ta.macd(close, 12, 26, 9) rsi = ta.rsi(close, 14) macdOK = macdLine > macdSignal rsiOK = rsi > 49 and rsi < 75 // --- Volume --- volMa = ta.sma(volume, volLen) volOK = volume > volume and volume > volMa // --- Signal LONG simple --- longSignal = above200D and upTrendIntraday and macdOK and rsiOK and volOK // --- Affichage du signal --- plotshape( longSignal, title = "Signal LONG", location = location.belowbar, style = shape.triangleup, color = color.lime, size = size.small, text = "LONG" ) // --- Lignes TP / SL indicatives basées sur le dernier signal --- var float tpLine = na var float slLine = na if longSignal tpLine := close * (1 + tpPct) slLine := close * (1 - slPct) // Les lignes restent jusqu'au prochain signal plot(tpLine, "TP indicatif", color = color.new(color.green, 50), style = plot.style_linebr) plot(slLine, "SL indicatif", color = color.new(color.red, 50), style = plot.style_linebr) // --- Affichage des moyennes --- plot(emaFast, "EMA rapide", color = color.new(color.blue, 40)) plot(emaSlow, "EMA lente", color = color.new(color.orange, 40)) plot(ma200D, "MA200 jours (daily)", color = color.new(color.fuchsia, 0), linewidth = 2)
Indicatore Pine Script®
di jeremyzaghdoun
True vs False Breakout (Vol + Body Shape) **Indicator Description: True vs. False Breakout Detector** This indicator helps identify the quality of a breakout by analyzing price action and volume. **★ Green Arrow: "True Breakout (Strong Candle)"** This represents a high-confidence breakout signal. * **Criteria:** Price Breakout + Volume Surge + Strong Candle Close (minimal to no upper wick). * **Significance:** Indicates strong bullish momentum. **● Grey Dot: "Weak Breakout"** Appears when price breaks resistance but shows signs of weakness. * **Criteria:** Breakout with low volume OR a long upper wick (rejection). * **Meaning:** "Price made a new high, but the move is untrustworthy." * **Action:** Do not chase the long position. Be cautious and look for potential reversals. **▼ Red Label: "False Breakout (Reversal)"** * **Signal:** Appears when a Weak Breakout (Grey Dot) is followed by bearish price action. * **Action:** This indicates a confirmed False Breakout and presents a prime shorting opportunity. ------------------------------------------------------------------------------------------- ★指标描述：真假突破辨别。 ★绿色箭头 "真突破 (强K线)"： 这是你要的完美信号。 它意味着：价格破位 + 成交量放大 + K线收盘坚决（几乎没有上影线）。 对应刚才的行情： 刚才那根1H大阳线应该会触发这个信号。 灰色圆点 "弱势突破" (新增)： 如果价格突破了阻力，但是没量，或者留了长上影线（像你之前描述的那几根15分钟线），指标会标记灰色圆点。 含义： “虽然价格破了新高，但我不信任它”。这时候千万不要追多，反而要准备做空。 红色标签 "假突破 (反转)"： 当灰色圆点（弱势突破）出现后，紧接着出现红色标签，就是绝佳的做空点。
Indicatore Pine Script®
di fish0210
4
RRE ZonesLine Creation: Each FVG box now has a corresponding dashed line drawn through its center: Uses a dashed style for clear visibility Matches the FVG color (with 30% transparency) Extends to the right like the box Width of 1 pixel Synchronized Cleanup: When FVG boxes are removed (either by reaching max count or being filled by price), their corresponding center lines are also deleted automatically. The center lines help you: Quickly identify the 50% level of each FVG Use it as a potential target or entry level Better visualize the gap's midpoint for trading decisions
Indicatore Pine Script®
di ramrajenterprises
3LL+Baby & 3HH+Baby Pattern3LL+Baby & 3HH+Baby Pattern Indicator Overview This indicator identifies powerful reversal patterns based on momentum exhaustion and inside bar formations. It detects two specific candlestick patterns that signal potential trend reversals: the bullish 3LL+Baby and the bearish 3HH+Baby. Pattern Descriptions 📈 3LL+Baby Pattern (Bullish Reversal) Conditions: Three consecutive candles form lower lows (each low is lower than the previous) The fourth candle is bullish/green (closes higher than it opens) The fourth candle is completely contained within the third candle's range (both high and low) Interpretation: After a downward momentum with three lower lows, a bullish inside bar (baby candle) suggests sellers are exhausted and buyers may be taking control. This pattern often precedes upward reversals. 📉 3HH+Baby Pattern (Bearish Reversal) Conditions: Three consecutive candles form higher highs (each high is higher than the previous) The fourth candle is bearish/red (closes lower than it opens) The fourth candle is completely contained within the third candle's range (both high and low) Interpretation: After upward momentum with three higher highs, a bearish inside bar indicates buyers are losing strength and sellers may be gaining control. This pattern often signals potential downward reversals. Features Visual Signals Green Triangle (↑): Appears below bars when 3LL+Baby pattern is detected Red Triangle (↓): Appears above bars when 3HH+Baby pattern is detected Labels: Clear text labels identifying each pattern type Background Highlighting: Subtle background colors (green for bullish, red for bearish) Customization Options Toggle labels on/off Toggle arrow signals on/off Enable/disable bullish patterns independently Enable/disable bearish patterns independently How to Use Add to Chart: Apply the indicator to any timeframe and instrument Configure Settings: Adjust visibility options based on your preference Set Alerts: Create alerts for immediate pattern notifications Trading Strategy: 3LL+Baby : Consider long positions or closing shorts 3HH+Baby: Consider short positions or closing longs Always confirm with additional analysis and risk management Best Practices Use in conjunction with support/resistance levels Combine with volume analysis for confirmation Works on all timeframes (higher timeframes generally more reliable) Apply proper risk management and stop-loss orders Consider the broader market context and trend
Indicatore Pine Script®
di JPRockzzz
3
BALANCED Strategy: Intraday Pro + Smart DashboardWelcome to the BALANCED Strategy: Intraday Pro. This all-in-one indicator is designed for Intraday traders looking to capture trend movements while effectively filtering out sideways market noise. It combines the power of Supertrend for direction, EMA 100 for the baseline trend, and rigorous validation via RSI and ADX. The script also integrates a complete Risk Management system with targets based on the Golden Ratio (Fibonacci) and a real-time Dashboard. ⏳ Recommended Timeframes This algorithm is optimized for Intraday volatility: M5 (5 Minutes) ⭐️: Ideal for quick Scalping. The ADX filter is crucial here to avoid false signals. M15 (15 Minutes) 🏆: The "Sweet Spot." It offers the best balance between signal frequency and trend reliability. M30 / H1: For a "Swing Intraday" approach—calmer, fewer signals, but higher precision. Not recommended for M1 (1 Minute) with default settings (too much noise). 🚀 How It Works The algorithm follows a strict 3-step logic to generate high-quality signals: 1. Trend Identification (The Engine) Supertrend: Determines the immediate direction. EMA 100: Acts as a background trend filter. We only buy above and sell below the EMA. 2. Noise Filtering (Safety) ADX (Average Directional Index): The signal is only validated if there is sufficient volatility (Configurable threshold, default 12) to avoid "chop markets" (flat markets). RSI (Relative Strength Index): Strict momentum filter. Buy only if RSI > 50, Sell if RSI < 50. 3. Entry Confirmation (The Trigger) The script doesn't just rely on a crossover. It waits for "Price Action" confirmation: the candle must close higher than the previous one (for Long) or lower (for Short) to validate the entry. 🛡️ Risk Management (Money Management) This is the core strength of this tool. Upon signal validation, the script automatically calculates and plots: Stop Loss (SL): Based on volatility (ATR). It places the stop at the recent Low/High with a safety padding. Take Profit (TP): Two modes available: Fibonacci Mode (Default): Targets the 1.618 extension (Golden Ratio) of the risk taken. Fixed Ratio Mode: Targets a manual Risk/Reward ratio (e.g., 2.0). 📊 The Dashboard Located at the bottom right, the smart dashboard provides vital info at a glance: Signal Time: To check if the alert is fresh. Type (LONG/SHORT): Color-coded (Green/Pink). Tech Data: RSI and ADX values at the moment of the signal. Exact Prices: Entry Level, Target (TP), and Stop Loss (SL). ⚙️ Configurable Settings Sensitivity: Adjust the Supertrend factor (Default 2.0). Filters: Toggle the RSI filter ON/OFF or adjust the ADX threshold. Execution: Choose between Fibonacci Target (1.618) or a Manual Ratio. ⚠️ Disclaimer: This tool is a technical decision aid and does not constitute financial investment advice. Always use prudent risk management and backtest the indicator on your preferred assets before live use.
Indicatore Pine Script®
di manolodes