Power Bar SMA Directional (Trade Your Edge)GENERAL OVERVIEW:
The Power Bar SMA Directional (Trade Your Edge) indicator identifies high-momentum Power Bars and uses a structured SMA-based breakout model to generate Long and Short trading signals. Once a signal appears, the indicator automatically places a Stop-Loss and three Take-Profit levels, with an optional dynamic trailing stop-loss. Alerts are available for every trade event.
This indicator was developed by Flux Charts in collaboration with Steven Adams (Trade Your Edge).
What is the purpose of the indicator?:
The purpose of the Power Bar SMA Indicator is to turn an unusually strong candle (Power Bar) into a complete, rule-based trade setup. The indicator does three main things, very specifically:
It spots “power bars”. These are candles where the body is both large compared to the candle’s own range and large compared to nearby candles.
It only cares about power bars when they align with the trend’s direction: bullish or bearish.
When that happens, the indicator gives a buy or sell signal with an entry at the signal candle, a stop-loss at the low/high of the power bar, and three take-profit targets placed at fixed multiples of the entry to stop-loss distance. You can also have the stop move up/down after each target is hit with the trailing stop-loss feature.
What’s the theory behind the indicator?:
The theory behind this indicator is that large, one-sided candles often mark the start of directional strength. When a candle’s body takes up most of its total range and exceeds the average size of recent candlesticks, it shows clear control from either buyers or sellers. The indicator combines this concept with a simple moving average to confirm trend direction, ensuring signals only align with the current bias. It then checks if price breaks a recent swing high or low to confirm momentum is continuing rather than consolidating inside a range. By combining three core elements: trend bias, momentum identification, and confirmation that price has room for new discovery beyond prior ranges, the indicator can focus on finding trade setups that have multiple market factors in alignment.
POWER BAR SMA DIRECTIONAL FEATURES:
The Power Bar SMA Directional indicator includes 4 main features:
Power Bars
Trend Bias
Long / Short Signals + Risk Management
Alerts
POWER BARS:
🔹What are Power Bars?:
Power Bars are large, high-momentum candles that show strength in one direction of the market. They form when a candle’s body (the distance between open and close) dominates most of the candle’s total range (the distance between high and low), meaning price moved strongly in one direction with little to no pullback. To qualify, the candle must also be large relative to nearby candles. This size difference confirms that the candle is a burst of momentum.
🔹How to interpret and use Power Bars:
When a Power Bar forms, it signals that price has just made a strong directional move with little to no pullback. Traders can use these bars to identify momentum shifts and potential trade setups.
A bullish Power Bar means buyers controlled the entire candle, marking the start of upward momentum. A bearish Power Bar means sellers were in control of the entire candle, signaling the start of downwards momentum. In the Power Bar SMA Directional indicator, these candles are only used for signals when they align with the market trend and satisfy other entry requirements, mentioned later on.
Bullish Power Bars forming above the Simple Moving Average (SMA) can signal potential long opportunities.
Bullish Power Bars forming below the SMA can signal potential short opportunities.
🔹How are Power Bars identified:
Power Bars are detected and confirmed only after the candle closes, ensuring that the full candlestick body and range can be measured. The indicator does not repaint or change past bars. Once a Power Bar is confirmed, it stays fixed on the chart. Power Bars can be detected on any timeframe or symbol that produces standard candlestick data.
The indicator identifies Power Bars using two user-defined inputs: Sensitivity and Body %.
◇ Sensitivity:
The Sensitivity setting determines how large a candle’s body must be relative to nearby candles. It uses the Average True Range (ATR) to compare the current candle’s size with recent candles, and the Sensitivity value acts as a multiplier of that ATR. A higher Sensitivity value means the candle must be much larger than recent candles to qualify, so fewer Power Bars will form. A lower value makes the filter less strict, allowing more candles to qualify.
◇ Body %:
The Body % setting controls what percentage of the candle’s total range must be body rather than Wick. A higher value requires the body to take up more of the candle’s total range, so fewer candles pass the filter. A lower value allows candles with more wick to qualify, so more Power Bars will form.
Body % Example:
If Body % is set to 50, the candle body must cover at least half of the candle’s total range. For example, if a candle’s high is $11, its low is $10, its open is $10.20, and its close is $10.80, then the total range is $1 ($11 - $10) and the body is $0.60 ($10.80 - $10.20). Body % = (Body / Total Range) * 100 = (0.60 ÷ 1.00 × 100) = 60%. Since 60% is greater than the input of 50%, this candle passes the Body % criteria.
Once a candlestick closes and it meets both the Sensitivity and Body % requirements, it will be plotted in a different color, using barcolor() function. Users can adjust the bullish/bearish colors of Power Bars by adjusting the ‘Candle Coloring’ setting. The Power Bar candle coloring is purely visual and does not affect signal logic or strategy calculations.
TREND BIAS:
The indicator uses a Simple Moving Average (SMA) to determine overall trend direction and ensure that long/short signals align with the market bias.
When the SMA is sloping upward and price is trading above it, the market is considered to be in a bullish trend. In this case, only long setups are allowed. When the SMA is sloping downward and price is below it, the market is considered bearish, and only short setups are valid. This filtering ensures that every signal follows the current trend rather than fighting it.
Within the settings, the SMA length can be customized to match different trading styles. A shorter SMA period reacts more quickly to price changes, making it better suited for scalping or lower timeframes where traders want faster entries and exits. A longer SMA period responds more slowly, which smooths out smaller fluctuations and is more useful for day traders or swing traders who focus on larger trends. By default, the SMA length is set to 20.
Signals on SEED_ALEXDRAYM_SHORTINTEREST2:NQ 5-minute timeframe with a 10 SMA vs. 100 SMA:
🔹Why does the indicator include a trend filter?:
This indicator is built around the assumption that markets tend to continue moving in their current direction. Thus, if the trend is bullish, it’s assumed that price will continue moving higher. If the trend is bearish, it’s assumed that price will continue moving lower. By combining the SMA filter with the momentum logic of the power bars, the indicator avoids countertrend setups. This keeps signals focused on continuation setups where both the trend and short-term strength (momentum) are in agreement.
LONG/SHORT SIGNALS:
This indicator identifies potential trade setups by combining momentum, trend alignment, and structural confirmation. It detects when a Power Bar candle appears, and then looks for confirmation that the move is valid through trend alignment and a structure break.
There are three long setups and three short setups:
Momentum Breakout
Proximity Breakout
Delayed Breakout
All setups require:
A valid Power Bar forming in the correct context relative to the SMA.
A break of nearby structure (defined by the Swing Length setting).
🔹Signal Settings:
◇ SMA Distance:
This setting defines how close a Power Bar must be to the SMA to qualify for the proximity breakout setup type. It measures the maximum allowed distance between the Power Bar’s open price and the SMA, expressed as a multiple of the Average True Range (ATR).
This setting only affects Setup #2 (Proximity Breakout) and sometimes Setup #3 (Delayed Breakout). Setup #1 does not use this filter because its logic depends on price crossing the SMA or confirming later. In proximity setups, the power bar candle must both open and close on the same side of the SMA (bullish or bearish) while still being within the allowed SMA Distance range. This condition prevents signals when price is stretched too far away from the SMA, which could indicate exhaustion or a potential pullback rather than continuation.
A lower SMA Distance value tightens this filter, allowing only Power Bars that form very close to the SMA, resulting in fewer but more conservative signals. A higher SMA Distance value gives wiggle room and allows setups that form farther from the SMA, generating more frequent signals.
In the example below, when the SMA Distance is set to 0.5 (left chart), the bullish Power Bar does not trigger a long signal because its opening price is too far from the SMA. When the SMA Distance is increased to 1.0 (right chart), the same candle now falls within the allowed range, making the setup valid and displaying a long signal label.
◇ Swing Length:
The Swing Length setting defines how the indicator identifies recent structure levels used for breakout confirmation. These structure levels are swing highs and swing lows, which represent points where price reversed direction over a specified number of bars. The indicator uses these high/low levels to determine whether price has broken past a meaningful area of prior support or resistance before confirming a trade setup.
The Swing Length value determines how far back the indicator looks when calculating these points. Internally, it uses the Highest/Lowest method, scanning the last N bars (where N is the Swing Length input) to find the highest high and lowest low within that range.
The highest high becomes the immediate resistance level for potential long setups.
The lowest low becomes the immediate support level for potential short setups.
A lower Swing Length value makes the indicator reference closer levels. This increases the number of potential signals because nearby highs and lows are easier for price to reach.
A higher Swing Length value references farther structure levels, typically major swing points, which reduces signal frequency.
Every setup requires a structure break for confirmation. The Swing Length setting directly affects how strict or lenient the entire indicator behaves for each setup type.
In Setup #1 (Baseline Momentum Breakout) and Setup #2 (Trend-Aligned Proximity Breakout), the Power Bar must break the structure level during or immediately after its formation.
In Setup #3 (Delayed Breakout Confirmation), the same Swing Length level is referenced for a limited number of candles defined by the Candles Between Confirmation setting.
◇ Candles Between Confirmation:
The Candles Between Confirmation setting defines how long the indicator will wait for price to confirm a breakout after a qualifying Power Bar forms. It represents the maximum number of bars allowed between the Power Bar’s close and the moment when price breaks the nearby structure level, which is derived from the Swing Length setting. The structure level is defined as the most recent swing high (for long setups) or swing low (for short setups).
If a structure break occurs within the specified window, a valid signal is triggered, and the Long or Short label is plotted at the close of the breakout candle. If price fails to break through the level within a certain number of candles, the setup is invalidated. This ensures that signals only appear when momentum follows through promptly, and not when price stalls or consolidates for an extended period.
Lower values make confirmations stricter, capturing only quick momentum breakouts. Higher values allow more time for slower markets or higher timeframes to complete structure breaks. Adjust this setting based on market volatility and trading style.
In the example below, when Candles Between Confirmation is set to 10, no signal appears because price breaks the swing high after 15 bars, which is greater than the allowed limit. When the setting is increased to 15, the same move qualifies, and a long signal is triggered as price breaks the swing high 15 candles after the initial bullish Power Bar that crossed the SMA.
🔹Long Setups:
Long Setup #1: Momentum Breakout
A bullish Power Bar opens below the SMA, and closes above it, showing buyer strength.
A breakout must occur during this bullish Power Bar candle through a nearby resistance level derived from the Swing Length setting.
When this breakout occurs, a Long Signal appears at bar close.
After a signal appears, three take-profit levels and one stop-loss level are also plotted.
Stop-Loss: Placed at the Power Bar’s low.
Take-Profit 1: Set using a 1:1 risk distance from the Stop-Loss to entry.
Take-Profit 2: Extends to 1:1.5 risk-to-reward.
Take-Profit 3: Extends to 1:2 risk-to-reward.
(Power Bars are white in this image)
Long Setup #2: Proximity Breakout
A bullish Power Bar opens and closes above the SMA, but is still close enough to it to show price hasn’t extended too far. (Refer to SMA Distance setting). As long as the opening of that candle is within the SMA Distance threshold, the setup remains valid.
The bullish Power Bar candle must break through the recent swing high (refer to Swing Length setting).
A Long Signal triggers when that breakout is confirmed.
After a signal appears, three take-profit levels and one stop-loss level are also plotted, similar to Long Setup #1.
(Power Bars are white in this image)
Long Setup #3: Delayed Breakout
A bullish Power Bar appears in a valid location (Refer to Long Setup #1 or Long Setup #2), but structure is not broken immediately.
The indicator waits for confirmation within the maximum Candles Between Confirmation window. If price breaks structure within that time, a Long Signal appears. If price fails to break structure in time, the setup is discarded.
Risk Management:
Same Stop-Loss, TP 1, TP 2, and TP 3 logic as Long Setup #1
(Power Bars are white in this image)
🔹Short Setups:
Short Setup #1: Momentum Breakout
A bearish Power Bar opens above the SMA, and closes below it, showing seller strength.
A breakout must occur during this bearish Power Bar candle through a nearby support level derived from the Swing Length setting.
When this breakout occurs, a Short Signal appears at bar close.
After a signal appears, three take-profit levels and one stop-loss level are also plotted.
Stop-Loss: Placed at the Power Bar’s high.
Take-Profit 1: Set using a 1:1 risk distance from the Stop-Loss to entry.
Take-Profit 2: Extends to 1:1.5 risk-to-reward.
Take-Profit 3: Extends to 1:2 risk-to-reward.
(Power Bars are white in this image)
Short Setup #2: Proximity Breakout
A bearish Power Bar opens and closes below the SMA, but is still close enough to it to show price hasn’t extended too far. (Refer to SMA Distance setting). As long as the opening of that candle is within the SMA Distance threshold, the setup remains valid.
The bearish Power Bar candle must break through the recent swing low (refer to Swing Length setting).
A Short Signal triggers when that breakout is confirmed.
After a signal appears, three take-profit levels and one stop-loss level are also plotted, similar to Short Setup #1.
(Power Bars are white in this image)
Short Setup #3: Delayed Breakout
A bearish Power Bar appears in a valid location (Refer to Short Setup #1 or Short Setup #2), but structure is not broken immediately.
The indicator waits for confirmation within the maximum Candles Between Confirmation window. If price breaks structure within that time, a Short Signal appears. If price fails to break structure in time, the setup is discarded.
Risk Management:
Same Stop-Loss, TP 1, TP 2, and TP 3 logic as Long Setup #1
(Power Bars are white in this image)
🔹Trailing Stop-Loss Feature:
When the Trailing Stop-Loss setting is enabled, the Stop-Loss (SL) automatically adjusts as price reaches take-profit levels. This feature helps secure profits while keeping the trade logic completely rule-based and non-discretionary.
Here’s exactly how it works step-by-step:
Initial Stop-Loss placement:
For a Long trade, the initial SL is set at the low of the bullish Power Bar that triggered the setup.
For a Short trade, the initial SL is set at the high of the bearish Power Bar that triggered the setup.
This level stays fixed until one of the Take-Profit targets is reached.
After TP 1 is hit:
The SL automatically moves to the entry price (breakeven).
After TP2 is hit:
The SL automatically moves to TP 1
Final exit condition:
The trade is considered complete once either the trailing Stop-Loss or TP 3 is reached.
🔹Visualization:
Users can enable or disable:
Long Signals
Short Signals
Take-Profit Lines
Take-Profit Labels
Stop-Loss Lines
Stop-Loss Labels
Signal Line
SMA
◇ Signal Line:
The Signal Line is an optional visual feature that helps users see exactly which structure level the indicator is using to confirm a breakout. It does not change how signals are generated. It only displays the reference point on the chart.
Users can customize the Signal Line style (Dashed, Dotted, Solid) and choose different colors for bullish and bearish signal lines. The Signal Line can also be turned off completely. When disabled, signals will not be affected.
ALERTS:
The indicator supports alerts, so you never miss a key market move. You can choose to receive alerts for each of the following conditions:
Long Signal
Short Signal
TP 1 (Take-Profit 1)
TP 2 (Take-Profit 2)
TP 3 (Take-Profit 3)
SL (Stop-Loss)
UNIQUENESS:
This indicator automates a strategy that is normally managed manually using multiple steps: identifying large momentum candles, validating trend direction, confirming breakout strength through structure, and then projecting clean risk-based targets. The SMA Distance filter, confirmation window, and swing structure rules work together to ensure signals only trigger when momentum (Power Bars) aligns with technical levels. This indicator turns Power Bars into complete trade ideas with real-time SL/TP management and alerts.
Candlestick analysis
Asia/London/NY Session Slope LinesTITLE: Asia/London/NY Session Slope Lines
Track momentum across all three major trading sessions with automated slope lines showing pips per bar movement.
📊 VISUALIZE SESSION MOMENTUM AT A GLANCE
This powerful indicator automatically draws slope lines for all three major forex trading sessions (Asia, London, and New York), giving you instant insight into directional bias and momentum for each session.
✨ KEY FEATURES:
• Three Session Coverage - Asia, London, and New York sessions tracked simultaneously
• Pips Per Bar Calculation - See exact momentum as "pips moved per bar" for easy comparison
• Customizable Styling - Different colors, line styles, and widths for each session
• Auto-Detection - Automatically identifies session boundaries and draws lines
• Clean Labels - Each session displays its slope value directly on the chart
• Session Markers - Optional triangles show exact start/end of each session
📈 HOW IT WORKS:
The indicator calculates the slope by measuring:
1. Price movement during the entire session (in pips)
2. Number of bars in that session
3. Result: Pips per bar (momentum strength)
Example: If Asia session moved +30 pips over 60 bars = +0.50 pips/bar slope
🎨 VISUAL CLARITY:
• Asia Session: Solid lines (Green/Red by default)
• London Session: Dashed lines (Blue/Orange by default)
• New York Session: Dotted lines (Lime/Fuchsia by default)
• Positive slopes = Bullish momentum
• Negative slopes = Bearish momentum
🔧 FULLY CUSTOMIZABLE:
• Adjust session times for any timezone
• Change colors for positive/negative slopes per session
• Toggle session boundary markers on/off
• Modify line width and style independently
💡 PERFECT FOR:
✓ Session traders who focus on specific market hours
✓ Identifying which session has the strongest momentum
✓ Spotting trend continuation or reversal between sessions
✓ Comparing volatility across different trading sessions
✓ Finding the best session for your trading strategy
⚙️ WORKS WITH:
• All forex pairs (EUR/USD, GBP/USD, USD/JPY, etc.)
• Any timeframe (works best on 5m-1H charts)
• Automatically adjusts pip calculation for JPY pairs
🚀 QUICK SETUP:
1. Add indicator to chart
2. Customize session times if needed (Settings → Input tab)
3. Adjust colors and styles (Settings → Style tab)
4. Start trading with clear session momentum insight!
No complex configuration needed - works perfectly with default settings!
🚀 QUICK START GUIDE - Asia/London/NY Session Slope Lines
──────────────────────────────────────────────────────────────
STEP 1: ADD TO CHART
──────────────────────────────────────────────────────────────
1. Open TradingView
2. Select any forex pair (e.g., EUR/USD)
3. Click "Indicators" at top of chart
4. Search: "Asia/London/NY Session Slope Lines"
5. Click to add to chart
──────────────────────────────────────────────────────────────
STEP 2: UNDERSTAND WHAT YOU SEE
──────────────────────────────────────────────────────────────
You'll see THREE different slope lines per day:
📍 ASIA SESSION (Solid Line)
• Default: 00:00 - 09:00 (Exchange time)
• Green = Bullish | Red = Bearish
• Label shows: "Asia +0.85 pips/bar"
📍 LONDON SESSION (Dashed Line)
• Default: 03:00 - 12:00 (Exchange time)
• Blue = Bullish | Orange = Bearish
• Label shows: "London -1.23 pips/bar"
📍 NEW YORK SESSION (Dotted Line)
• Default: 09:30 - 16:00 (Exchange time)
• Lime = Bullish | Fuchsia = Bearish
• Label shows: "NY +2.14 pips/bar"
──────────────────────────────────────────────────────────────
STEP 3: HOW TO READ THE SLOPES
──────────────────────────────────────────────────────────────
The number tells you MOMENTUM STRENGTH:
+0.10 to +0.50 pips/bar = Weak uptrend
+0.50 to +1.50 pips/bar = Moderate uptrend
+1.50+ pips/bar = Strong uptrend
-0.10 to -0.50 pips/bar = Weak downtrend
-0.50 to -1.50 pips/bar = Moderate downtrend
-1.50+ pips/bar = Strong downtrend
──────────────────────────────────────────────────────────────
STEP 4: TRADING STRATEGIES
──────────────────────────────────────────────────────────────
✅ CONTINUATION PLAY:
If Asia = +1.2 pips/bar AND London = +0.8 pips/bar
→ Look for LONG entries during NY session
✅ REVERSAL PLAY:
If Asia = +2.5 pips/bar (strong) AND London = -0.3 pips/bar
→ Momentum shifted, watch for reversal
✅ STRONGEST SESSION:
Compare all three slopes - trade during the session with highest absolute value
NY = +3.2 pips/bar > London = +1.1 > Asia = +0.4
→ NY session has strongest momentum
──────────────────────────────────────────────────────────────
STEP 5: CUSTOMIZE (OPTIONAL)
──────────────────────────────────────────────────────────────
Click the gear icon ⚙️ next to indicator name:
🕐 ADJUST SESSION TIMES:
Settings → Asia Session → Change hours
(Use YOUR timezone or exchange timezone)
🎨 CHANGE COLORS:
Settings → Asia/London/NY Style → Pick colors
👁️ HIDE MARKERS:
Settings → Display Options → Uncheck "Show Session Markers"
──────────────────────────────────────────────────────────────
STEP 6: BEST PRACTICES
──────────────────────────────────────────────────────────────
📊 Use on 5-minute to 1-hour charts
(Too high timeframe = not enough bars per session)
💱 Works best on major forex pairs
(EUR/USD, GBP/USD, USD/JPY, etc.)
🕐 Verify session times match your trading timezone
(Default is exchange timezone)
📈 Combine with support/resistance levels
(Strong slope + key level = high probability setup)
Oracle Trade And Smart Probability أداة تحليل فني مصممة لمساعدة المتداول على قراءة حركة السعر واتخاذ قرارات أكثر انضباطًا، مع التركيز على إدارة الصفقة قبل الإشارة.
يعرض المؤشر إشارات دخول وخروج مع نظام إدارة صفقة مرئي يشمل:
- سعر الدخول
- الوقف الثابت
- الوقف المتحرك
- الهدف
جميع الإشارات والتنبيهات تصدر بعد إغلاق الشمعة فقط، لضمان ثبات الإشارة وعدم تغيّرها لاحقًا.
المؤشر أداة تحليل فني تعليمية وتحليلية فقط، ولا يُعد توصية استثمارية أو دعوة للبيع أو الشراء.
التداول في الأسواق المالية ينطوي على مخاطر وقد يؤدي إلى خسارة رأس المال.
المستخدم يتحمل كامل المسؤولية عن قراراته، ومطوّر المؤشر غير مسؤول عن أي خسائر مباشرة أو غير مباشرة ناتجة عن استخدامه.
لا يُنصح باستخدام المؤشر بشكل منفرد، ولا يناسب جميع الفواصل الزمنية أو جميع أساليب التداول.
يُفضّل استخدامه ضمن خطة تداول واضحة تشمل:
- تأكيد الاتجاه من فريم زمني أعلى
- وقف خسارة ثابت
- إدارة مخاطرة لا تتجاوز 1–2% لكل صفقة
يدعم المؤشر إرسال التنبيهات لإشارات الدخول والخروج وتحديثات إدارة الصفقة.
كما يمكن ربطه بأنظمة تداول آلي خارجية عبر Webhook من قبل المستخدمين ذوي الخبرة، دون تحمّل المطوّر أي مسؤولية عن نتائج هذا الربط.
جميع حقوق الملكية الفكرية محفوظة.
يُمنع نسخ أو إعادة توزيع أو إعادة استخدام هذا المؤشر أو أي جزء منه دون إذن صريح من المطوّر.
A technical analysis tool designed to assist traders in reading price action and making more disciplined trading decisions, with a strong focus on trade management before signals.
The indicator provides entry and exit signals with visual trade management, including:
- Entry price
- Fixed stop
- Trailing stop
- Target
All signals and alerts are generated only after candle close to ensure signal stability and avoid repainting behavior.
This indicator is for educational and analytical purposes only and does not constitute financial advice or a recommendation to buy or sell.
Trading in financial markets involves risk and may result in capital loss.
Users are fully responsible for their trading decisions, and the developer is not liable for any direct or indirect losses.
The indicator should not be used as a standalone decision-making tool and may not be suitable for all timeframes or trading styles.
It is recommended to use it as part of a structured trading plan that includes:
- Higher timeframe confirmation
- Fixed stop-loss
- Risk management limited to 1–2% per trade
The indicator supports alerts for entries, exits, and trade management updates.
Advanced users may connect alerts to external automated trading systems via webhook at their own responsibility.
All intellectual property rights are reserved.
Unauthorized copying, redistribution, or reuse of this indicator or any part of it is strictly prohibited.
Multi-Period Opening Range [ORB]Multi-Period Opening Range Indicator
A comprehensive Opening Range (OR) tool for traders who want to track multiple timeframe ORs simultaneously with complete visual customization.
📊 WHAT IS OPENING RANGE?
The Opening Range is the high and low price established during a specific period at the start of a trading session. Professional traders use these levels as critical support/resistance zones throughout the day.
✨ KEY FEATURES
Five Customizable OR Periods:
5-Minute OR : 9:30-9:35 AM EST (Quick scalping reference)
15-Minute OR : 9:30-9:45 AM EST (Standard OR period)
30-Minute OR : 9:30-10:00 AM EST (Extended morning range)
1-Hour OR : 9:30-10:30 AM EST (Full morning session)
Overnight OR : 6:00-7:00 PM EST (After-hours reference)
Complete Visual Customization:
Individual Toggle Controls : Turn each OR period on/off independently
Custom Colors : Set unique colors for each timeframe's lines and fills
Adjustable Line Thickness : Choose from 1-5 pixel width
Label Styles : "5Min OR-High" or simple "OR-High" format
Label Background Options : Choose colored backgrounds or clean text-only labels
Label Sizes : Tiny, Small, Normal, or Large text
Smart Display Options:
OR-High, OR-Mid, OR-Low : Each level clearly labeled with price tooltips
Midpoint Toggle : Show/hide dashed midpoint line
Fill Toggle : Enable/disable shaded area between levels
Historical Ranges : Show/hide previous session ORs
Line Extension : Set projection distance (0-1440 minutes, default 5 min)
Color-Coded Labels : Semi-transparent backgrounds match each OR theme (optional)
🎨 DEFAULT COLOR SCHEME
Active by Default:
5-Min OR : Red lines (no fill)
1-Hour OR : Sky blue lines (no fill)
Overnight OR : Brown lines with shaded fill
Disabled by Default:
15-Min OR (Purple) - enable when needed
30-Min OR (Orange) - enable when needed
📈 HOW TO USE
Setup:
Add to any intraday timeframe (1min, 5min recommended)
Enable your preferred OR periods
Customize colors for visual distinction
Set line extension (default 5 minutes)
Trading Applications:
Breakout Trading : Enter when price breaks OR-High/Low
Range Trading : Trade between levels during consolidation
Support/Resistance : Use multiple ORs as confluence zones
Risk Management : Set stops beyond OR levels
Session Analysis : Compare OR widths to gauge volatility
Advanced Techniques:
Watch for false breakouts returning inside range
Combine with volume for confirmation
Use overnight OR for pre-market sentiment
Layer multiple ORs for high-probability zones
⚙️ CUSTOMIZATION OPTIONS
Display Settings:
Show/hide historical ranges, midpoint lines, and fills
Line thickness: 1-5 pixels (default: 1)
Label size: Tiny to Large
Label style: With period prefix or generic
Label background: With background or no background
Extend lines: 0-1440 minutes (default: 5)
Per-Period Controls:
Each OR has independent settings for enable/disable, line color, fill color, and transparency.
💡 PRO TIPS
Start with 5-min and 1-hour ORs only
Use distinct colors for each timeframe
Keep historical ranges OFF for cleaner charts
Adjust extension: 5-10 min for active trading, 60+ for planning
Combine OR breakouts with volume spikes
Use overnight OR to understand after-hours action
Wait for clean breakouts with volume confirmation
🔧 TECHNICAL SPECS
Timezone : America/New_York (EST/EDT)
Compatible Timeframes : Any intraday under 1 day
Optimal Timeframes : 1-minute, 5-minute charts
Real-Time Updates : Dynamic line extension with new bars
📌 BEST PRACTICES
Use on liquid instruments (ES, NQ, SPY, QQQ)
Wait for volume-confirmed breakouts
Place stops beyond OR levels you're trading
Size positions based on OR width
Respect 1-hour OR as major support/resistance
🎯 IDEAL FOR
Day traders, scalpers, futures traders (ES/NQ/YM), equity traders (SPY/QQQ), and anyone using Opening Range methodology in their trading strategy.
Note: For educational purposes. Practice proper risk management and combine with your complete trading strategy.
Average Trading Range info box (today and historical)One small informational box, in the upper right of your chart to provide trading range information.
Line one (historical) tells you the trading range over a configurable period of time as a $ amount and as a %.
The second line (today) tells you where these values are today and the final line tells you as a %, where the values are today as a percentage of the configurable first line (14 days etc).
The third line changes color when you are 75% of the way to the historical value and red when you are at over 100% of the historical value.
Big DC scripts
Enhanced OB [promuckaj]THE ENHANCED ORDER BLOCK
Someone could think what is EOB, it should be just ordinary order block but that’s far from the truth. Sometime the classic order blocks work like a charm, then more often it doesn’t work.
If we expecting lower prices to kick in bearish and we see them create a bullish candle leaving a decent sized wick on the bottom, we want to wait for the next candle to completely close below the bullish candle.
When we see this, it should be our signal to sell the market. When price does this, it is a clear indication that price want to continue lower.
Once EOB is confirmed, look to enter short during the next candles PO3. Usually it’s going to go up but all you need is to wait that very next bar to confirm-respect our new formed EOB.
There is many ways to play this and anticipate some of the liquidity below as your safe TP target. Just imagine to use EOB from HTF on LTF. If you can then this indicator is for you, because it is exactly what is doing, it plots EOB from HTF, with lines that clearly present the last two HTF bars (bars that form the EOB), together with EOB zone of interest – from where we want to see price to pullback and respect the narrative – in this example that we are going down.
So let’s take a look how the same example (30min TF) will be on lower timeframe, for example on 1min.
... or maybe on 30 seconds timeframe.
So let’s try to play this example, with any kind of entry model. For example here we have practically the same scenario, green bar with red closed below, after price tap into EOB zone from HTF.
In this example we can anticipate entry at the pullback in LTF EOB zone, or simply from the FVG formed in the EOB confirmation bar, that is the proof that this zone will hold and push us further lower.
For target as our TP we could use simple internal structure and nearest liquidity left behind.
Easy and quick 4.6R trade.
Or if we would like to go further, this could be even better RR.
Practically almost 10R.
Let’s switch back now to 30min TF, to see how this actually look on respective timeframe of our EOB.
I hope it is more then clear, how this could be used.
There is option to change colors, lines and size of labels, including option to mark the FVG that is a part of EOB, if there is.
Also alerts is there, so you will not miss any new EOB that form on your HTF.
Enjoy !
HMG Tools: BacktestHMG Tools is a chart utility indicator designed to improve organization, discipline, and visual context for discretionary traders.
This script does not generate buy or sell signals and does not provide investment advice. Its purpose is to enhance the trading workspace by combining several practical tools into a single configurable indicator.
Main features:
- Sticky notes to write trading rules, reminders, or daily bias directly on the chart
- Custom watermark for chart identification and visual clarity
- Chart information display, including symbol, timeframe, and current date
- DayOff (weekend highlight) to visually mark Saturdays and Sundays and trigger an alert to avoid trading during market closure
Purpose:
This indicator helps traders keep charts clean and structured, avoid common operational mistakes (such as trading on weekends), maintain discipline through visible notes, and improve consistency in manual trading.
This tool is intended for educational and organizational purposes only.
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HMG Tools es un indicador de utilidad diseñado para mejorar la organización, disciplina y contexto visual del trader.
Este script no genera señales de compra o venta ni constituye asesoramiento de inversión. Su objetivo es optimizar el entorno de trading combinando varias herramientas prácticas en un solo indicador.
Funciones principales:
- Notas adhesivas para reglas, recordatorios o sesgo diario
- Watermark personalizable para identificación visual
- Información de símbolo, temporalidad y fecha
- Aviso DayOff para evitar operar en fin de semana
Uso educativo y organizativo.
SignalViper ReconRecon — Multi-Factor Market State Summary
Recon is a market state synthesis and interpretation tool designed to summarize multiple analytical dimensions into a single, readable overview. Instead of presenting raw indicator values, Recon translates trend, momentum, volume, and structure conditions into descriptive market states.
The goal of Recon is to reduce cognitive load by helping traders quickly understand what type of market they are currently in, not to provide trade signals.
Core Concepts & Logic
Recon evaluates several analytical dimensions commonly used across the SignalViper suite, including:
Trend Structure
Momentum Quality
Volume Participation
Proximity to Key Structural Levels
Each dimension is assessed independently and then combined into a contextual summary that reflects overall market conditions.
Recon does not require other indicators to be loaded on the chart. It performs its own internal evaluation using the same conceptual frameworks.
Narrative Interpretation Layer
Rather than displaying raw numbers or oscillators, Recon converts evaluated conditions into plain-language descriptions, such as:
“Directional momentum strengthening”
“Trend continuation with participation support”
“Structural resistance nearby with weakening momentum”
These descriptions are intended to convey context and risk awareness, not predictions or recommendations.
Indicator Families Used
Recon belongs to the multi-factor regime analysis and interpretation category. It incorporates elements of trend analysis, momentum evaluation, volume-aware context, and structure awareness. Familiar analytical concepts may be present, but Recon’s value lies in how these factors are synthesized and Fletcherized into readable states.
Visual Outputs Explained
Summary Table
Displays the current evaluation of each analytical dimension in one consolidated view.
Color-Coded Status Indicators
Colors are used to reflect alignment, neutrality, or conflict across factors for rapid visual scanning.
Active Warnings
Highlight conditions such as divergence, participation weakening, or structural conflict when detected.
All outputs are informational and reflect the current market state.
How to Use Recon
Recon is designed to be used as a pre-decision context tool. Traders commonly use it to:
Confirm whether market conditions align with their strategy
Identify conflicting signals before entering a trade
Avoid overconfidence during unstable or transitional regimes
It is especially useful when used alongside execution-focused tools, but it can also be used independently as a high-level market overview.
Why This Script Is Invite-Only
Recon’s value comes from how multiple analytical dimensions are evaluated, weighted, and translated into narrative summaries. This interpretation layer significantly reduces the need to mentally reconcile multiple indicators and helps traders maintain consistency during live decision-making.
SignalViper VenomVenom — Volume Pressure & Participation Analysis
Venom is a volume-pressure and participation analysis tool designed to evaluate whether buying or selling pressure is dominating recent price movement. Instead of forecasting direction, Venom focuses on measuring imbalance, agreement, and conflict between price movement and volume behavior.
The script presents this information as an oscillator, helping traders visualize who is exerting pressure and how stable that pressure is over time.
Core Concepts & Logic
Venom evaluates volume activity in relation to price movement to determine relative pressure, not absolute volume levels. Its analysis focuses on:
Buying vs Selling Pressure
Measures whether volume participation favors upward or downward movement.
Pressure Stability
Identifies whether participation is sustained or weakening.
Participation Conflict
Highlights conditions where buying and selling forces are closely balanced.
Based on these factors, Venom classifies pressure into distinct control states.
Indicator Families Used
Venom belongs to the volume-aware momentum and participation family of indicators. It uses volume-weighted evaluation rather than raw volume bars, allowing pressure conditions to be compared consistently across symbols and timeframes.
Visual Outputs Explained
Pressure Oscillator
Displays relative buying or selling pressure:
Cyan tones indicate buying pressure dominance
Magenta tones indicate selling pressure dominance
Control States
BUYERS: volume pressure supports upward movement
SELLERS: volume pressure supports downward movement
CONTESTED: participation is balanced or conflicted
Pressure Signal Line
Acts as a smoothing and confirmation reference to help assess pressure shifts.
Divergence Markers
Appear when price movement and pressure behavior begin to disagree, indicating possible participation exhaustion or transition, not guaranteed reversals.
Information Table
Provides a real-time summary of current pressure direction and control state.
All visuals are directly tied to the underlying pressure evaluation.
Alerts
Venom includes optional alerts for:
Pressure state transitions
Divergence conditions between price and pressure
Alerts are designed to highlight changes in participation context, not to signal trades.
How to Use Venom
Venom is intended as a context and confirmation tool. Traders commonly use it to:
Assess whether price movement is supported by participation
Avoid entries when pressure is conflicted or weakening
Monitor potential exhaustion during extended moves
It pairs naturally with trend, momentum, or structure-based tools to add a participation layer.
Why This Script Is Invite-Only
Venom’s value comes from how volume information is interpreted, normalized, and abstracted into readable pressure states and divergence conditions. This allows traders to assess participation without relying on multiple raw volume indicators or manual interpretation.
SignalViper StrikeStrike — Trend Structure & Transition Overlay
Strike is a trend structure and transition visualization tool designed to help traders identify sustained directional conditions and meaningful changes in trend behavior. Rather than predicting price movement, Strike focuses on displaying trend direction, momentum agreement, and volatility context directly on the chart.
The script is intended to support discretionary trend-following decisions by clarifying when directional structure is present and when conditions begin to shift.
Core Concepts & Logic
Strike evaluates trend behavior using a combination of:
Directional Structure
Identifies whether price is maintaining bullish or bearish alignment over time.
Momentum Confirmation
Highlights moments where directional movement is supported by sufficient momentum rather than short-term fluctuation.
Volatility Context
Provides awareness of expansion and contraction phases that influence trend reliability.
These elements are evaluated together to distinguish stable trends, transitions, and neutral conditions.
Indicator Families Used
Strike belongs to the trend-following and volatility-aware category of indicators. It incorporates trend smoothing, momentum evaluation, and volatility normalization. Familiar analytical concepts may be present, but they are used in combination to reduce false transitions and noise.
Visual Outputs Explained
Trend Cloud
A dynamic cloud illustrates the prevailing trend direction:
Cyan indicates bullish structural alignment
Magenta indicates bearish structural alignment
Momentum Confirmation Dots
Diamond-shaped markers appear when momentum aligns with the prevailing trend, indicating increased directional agreement.
Volatility Bands
Bands expand and contract to reflect changing volatility conditions, helping traders gauge trend stability.
Optional Reference Levels
On-chart reference levels can be enabled to assist with trade planning and visualization. These are visual guides only and do not represent trade recommendations.
Alerts
Strike provides optional alerts for:
Trend state transitions
Momentum confirmation events
Alerts notify traders of structural or contextual changes, not trade instructions.
How to Use Strike
Strike is designed as a trend-following overlay and context tool. Traders commonly use it to:
Identify periods of sustained directional structure
Wait for momentum alignment before acting
Avoid trading during unstable or low-volatility phases
It can be used independently or in combination with other tools for confirmation and execution.
Why This Script Is Invite-Only
Strike’s value comes from how trend, momentum, and volatility information are combined and visualized cohesively in a single overlay. This reduces chart clutter and helps traders interpret trend behavior more consistently than using multiple standalone indicators.
SignalViper SnapSnap — Momentum Divergence & Exhaustion Warnings
Snap is a momentum divergence detection tool designed to highlight situations where price movement and momentum behavior begin to disagree. These conditions often occur during trend fatigue, overextension, or early transition phases, and can serve as a warning that directional pressure may be weakening.
Rather than predicting reversals, Snap focuses on identifying loss of momentum confirmation relative to price.
Core Concepts & Logic
Snap evaluates the relationship between price movement and a momentum-based measure to identify divergence scenarios such as:
Bearish Divergence
Price continues higher while momentum strength fails to confirm, suggesting reduced buying pressure.
Bullish Divergence
Price continues lower while momentum weakness diminishes, indicating potential selling exhaustion.
These conditions highlight risk asymmetry changes, not guaranteed outcomes.
Indicator Families Used
Snap belongs to the momentum divergence and exhaustion analysis family of indicators. It uses normalized momentum behavior rather than raw price comparison, allowing divergence conditions to be evaluated consistently across symbols and timeframes.
Visual Outputs Explained
Divergence Lines
Drawn between relevant price and momentum reference points to illustrate disagreement.
Labels
Identify bullish or bearish divergence conditions at the time they occur.
All visual elements correspond to active divergence conditions based on recent price and momentum behavior.
Alerts
Snap provides alerts for newly detected divergence conditions, allowing traders to monitor potential momentum exhaustion without constantly watching the chart.
Alerts are informational and intended to highlight context changes, not to signal entries or exits.
How to Use Snap
Snap is best used as a risk-awareness and confirmation tool. Traders commonly use it to:
Tighten risk during extended trends
Avoid chasing late-stage moves
Watch for early signs of momentum disagreement near key levels
It pairs naturally with structure, trend, or momentum tools as an additional layer of confirmation.
Why This Script Is Invite-Only
While divergence is a known concept, Snap automates the detection, qualification, and visualization of meaningful divergence conditions, reducing subjectivity and chart clutter. This allows traders to consistently monitor momentum agreement without manual comparison.
SignalViper RushRush — Momentum Strength & Regime Visualization
Rush is a momentum strength and market regime visualization tool designed to show how directional pressure evolves over time. Instead of producing discrete entry signals, Rush focuses on displaying momentum quality, persistence, and transition in a clear visual format.
The script emphasizes how strong and stable momentum is, and whether current conditions favor continuation or consolidation.
Core Concepts & Logic
Rush evaluates momentum as a spectrum, not a binary condition. It measures directional pressure relative to recent price behavior and classifies it into graduated intensity levels.
Key concepts include:
Momentum Strength
Indicates how strongly price is pushing in a given direction relative to recent movement.
Momentum Stability
Helps distinguish sustained movement from short-lived bursts.
Regime Awareness
Identifies when momentum is likely to be unreliable due to sideways or compressed conditions.
Indicator Families Used
Rush belongs to the momentum and regime-detection family of indicators. It uses smoothed, normalized momentum measurements rather than single-bar oscillators. These measurements are evaluated over time to reduce noise and highlight meaningful transitions.
Visual Outputs Explained
Heat Gradient Colors
A 7-level color scale represents momentum intensity, ranging from weaker to stronger directional pressure. Color progression reflects relative momentum strength, not price levels.
Chop Detection Dots
Gold dots indicate CHOP conditions where momentum is unstable or unreliable
Cyan dots indicate CLEAR conditions where momentum is more consistent
Information Panel
Displays current directional bias, relative momentum strength, and regime state for quick reference.
All visuals are directly tied to the current momentum and regime evaluation.
Alerts
Custom alerts are available for:
Momentum intensity transitions
Regime changes between CHOP and CLEAR states
Alerts are designed to notify traders of context changes, not to signal entries or exits.
How to Use Rush
Rush is intended to be used as a context and timing tool. Traders commonly use it to:
Hold positions during sustained momentum phases
Avoid overtrading during choppy conditions
Anticipate transitions between expansion and consolidation
It pairs naturally with structure or entry-based tools by clarifying when momentum is supportive.
Why This Script Is Invite-Only
Rush’s value comes from how momentum is normalized, categorized, and visualized into readable states and gradients. This allows traders to assess momentum quality at a glance without stacking multiple oscillators or filters.
Fractal Reversal StageFractal Reversal Stage — это продвинутый осцилляторный индикатор разворота, который объединяет классический анализ RSI на старших таймфреймах с уникальным паттерном "фрактального поглощения" на рабочих графиках.
Multi-Timeframe RSI Filter: Индикатор отслеживает состояние перекупленности/перепроданности на старшем ТФ (например, 15м), определяя глобальную зону интереса.
Trend Inertia: Алгоритм проверяет наличие устойчивой инерции тренда (Heikin-Ashi) перед поиском точки входа.
Как работает сигнал: Индикатор одновременно анализирует стандартные японские свечи и сглаженные свечи Heikin-Ashi. Сигнал появляется в момент слома текущего тренда, когда подтверждается резкий импульс в обратную сторону. Это позволяет зайти в сделку в самой ранней точке нового движения.
Noise Filter: Встроенный фильтр размера тела свечи исключает ложные сигналы на низковолатильном рынке.
Как использовать:
Зеленая зона / BUY: Ищите сигнал, когда фон окрашен в зеленый цвет
Красная зона / SELL: Ищите сигнал, когда фон окрашен в красный цвет
Линия тренда: Визуализирует уровни стопа или поддержки/сопротивления после подтверждения разворота. Рекомендуется использовать усреднение на коррекциях против тренда с индикациями (зоны перекупленности/перепроданности выглядят как вертикальные линии). Выход осуществляется по зонам противоположному цвету тренда - Покупка - красная зона, Продажа зеленая. Либо цвет зоны+противоположный сигнал.
Fractal Reversal Stage is a professional reversal tool designed to catch trend exhaustion points using MTF RSI filtering and a unique fractal engulfing pattern.
Multi-Timeframe RSI Filter: The indicator monitors Overbought/Oversold conditions on a higher timeframe (e.g., 15m) to identify the global "Zone of Interest."
Trend Inertia: The algorithm verifies the presence of sustained trend momentum (using Heikin-Ashi) before searching for an entry.
Signal Mechanics: The indicator performs a dual analysis of standard Japanese candlesticks and smoothed Heikin-Ashi candles. A signal is triggered at the moment of a trend break, confirmed by a sharp counter-trend impulse. This allows you to enter the trade at the earliest possible stage of a new move.
Noise Filter: A built-in candle body size filter eliminates false signals during low-volatility market conditions.
How to Use:
Green Zone / BUY: Look for a signal when the background is highlighted in green.
Red Zone / SELL: Look for a signal when the background is highlighted in red.
Trend Line: Visualizes stop-loss levels or support/resistance after the reversal is confirmed.
Strategy: It is recommended to use averaging (DCA) during corrections against the signal using the Overbought/Oversold indications (marked as vertical lines).
Exit Rules: 1. For a Buy position — exit in the Red Zone. 2. For a Sell position — exit in the Green Zone. 3. Alternatively, exit when a Zone Color change is confirmed by an opposite signal.
SignalViper PulsePulse — Market Bias & Signal Quality Analyzer
Pulse is a market bias and signal-quality analysis tool designed to evaluate directional conditions using multiple layers of contextual information. Rather than generating standalone trade entries, Pulse focuses on assessing how favorable current conditions are for directional continuation or mean reversion.
The script continuously evaluates price behavior across timeframes to provide a structured view of trend alignment, momentum participation, and contextual confirmation.
Core Concepts & Logic
Pulse operates by aggregating several analytical dimensions into a unified assessment of market bias:
Directional Alignment
Evaluates whether higher and lower timeframes are aligned, conflicted, or neutral.
Momentum & Participation
Assesses whether price movement is supported by sufficient participation rather than isolated price spikes.
Contextual Weighting
Incorporates volume-aware and structure-sensitive inputs to distinguish meaningful movement from noise.
These components are combined into a normalized bias and quality framework, allowing traders to assess confidence rather than react to binary signals.
Indicator Families Used
Pulse belongs to the multi-factor bias and regime analysis category. It incorporates elements of trend analysis, momentum evaluation, and volume-aware context. Familiar concepts may be present, but they are evaluated together, not used independently, to reduce conflicting signals.
Outputs Explained
Pulse displays a consolidated view of market conditions through:
Bias Scoring that reflects directional favorability
Signal Quality Ratings that indicate alignment and confidence
Visual states highlighting periods of agreement, transition, or uncertainty
These outputs are designed to simplify interpretation without oversimplifying the underlying market state.
How to Use Pulse
Pulse is intended as a decision-support layer. Traders commonly use it to:
Confirm whether directional setups are supported by broader context
Avoid trades during conflicting or weak participation conditions
Adjust expectations during transitional or neutral regimes
It pairs naturally with entry-based or execution-focused tools by answering the question: “Is the market aligned enough to justify this trade?”
Why This Script Is Invite-Only
Pulse’s value comes from how multiple analytical inputs are weighted, normalized, and synthesized into a readable framework. This reduces the need for separate indicators and helps traders evaluate market conditions consistently across symbols and timeframes.
The Strat: 3-2D Setup Label + Entry, Target & AlertsThis is an indicator that identifies the 3-2D setup & will alert you if you have this on the chart. Once the 3-2D setup happens this will give you the entry and target labels + price. You can change the font size, label colors and add optional alerts.
SignalViper FangsFangs — Structural Support & Resistance Zones
Fangs is a price structure analysis tool designed to identify areas where price has historically reacted and is likely to encounter interest again. Instead of drawing discretionary levels, Fangs automatically evaluates price behavior to highlight structural support and resistance zones directly on the chart.
The script focuses on reaction-based structure, not predictive signals, helping traders contextualize price movement around meaningful levels.
Core Concepts & Logic
Fangs analyzes how price interacts with prior swing regions to identify zones where buying or selling pressure has previously emerged. These zones represent areas of market agreement, not single price points, and are displayed as horizontal regions rather than lines.
Key principles include:
Emphasis on reaction zones rather than exact highs or lows
Filtering of minor or insignificant levels to reduce clutter
Ongoing evaluation of whether a level remains structurally valid
Indicator Families Used
Fangs belongs to the support and resistance / market structure family of indicators. It uses price-based structural analysis rather than oscillators or momentum signals. While it relies on common concepts such as swing behavior and level interaction, its value comes from automated level qualification and lifecycle management.
Dynamic Level Management
Identified zones are not static:
Levels are removed automatically once price decisively breaks through them
Zones can flip roles from support to resistance (or vice versa) as price structure evolves
Sensitivity settings allow control over the number of active zones and minimum spacing between levels
This prevents outdated or irrelevant levels from persisting on the chart.
Visual Outputs Explained
Cyan zones represent structural support areas
Magenta zones represent structural resistance areas
All zones correspond to currently valid structural levels based on recent price behavior.
How to Use Fangs
Fangs is intended as a contextual tool, not a trade signal. Traders commonly use it to:
Anticipate areas where price may slow, reject, or consolidate
Frame entries, exits, or risk management decisions
Combine with momentum or trend tools for confirmation
It can be used on any timeframe and market, with sensitivity controls allowing adaptation to different trading styles.
Why This Script Is Invite-Only
While support and resistance concepts are widely known, Fangs automates the identification, validation, and retirement of structural levels, reducing subjective drawing and chart clutter. This provides consistent, repeatable structure analysis that would otherwise require manual interpretation across multiple timeframes.
SignalViper CoilCoil — Market State Filter for Trend vs Chop
Coil is a market state classification tool designed to help traders avoid low-quality conditions such as sideways price action and unstable transitions between trends. Instead of producing entry or exit signals, Coil focuses on identifying when directional trading is statistically unfavorable and when conditions begin to stabilize.
The script evaluates trend slope behavior relative to recent price movement, allowing it to normalize trend strength across different symbols, timeframes, and volatility environments.
Core Logic & Concepts
Coil classifies the market into one of three structural states:
CHOP
Indicates compressed or overlapping price movement where directional bias is weak and trend-following strategies are prone to whipsaws.
CAUTION
Represents transitional conditions where slope and structure begin to improve but lack sufficient stability for confident continuation.
CLEAR
Signals sustained directional alignment where trend slope is consistent relative to recent price behavior.
These states are derived from slope-normalized trend analysis, which evaluates the quality and persistence of directional movement rather than relying on absolute indicator values.
Indicator Families Used
Coil belongs to the trend-quality and regime-detection category of indicators. While it uses familiar mathematical concepts such as trend slope and smoothing, these elements are not used as standalone signals. Instead, they are normalized and evaluated over time to distinguish stable trends from noisy or mean-reverting environments.
Visual Outputs Explained
Background Highlighting
Gold background: CHOP conditions
Orange background: CAUTION conditions
No background: CLEAR trend conditions
State Change Labels
Labels appear only when the market transitions between structural states, helping traders identify meaningful regime shifts without constant visual noise.
All visual elements directly correspond to the current market state classification.
How to Use Coil
Coil is intended to be used as a decision filter, not a signal generator. Traders commonly use it to:
Avoid initiating trend trades during CHOP conditions
Exercise discretion during CAUTION states
Increase confidence in trend-based strategies during CLEAR states
It pairs naturally with momentum or entry-based tools by providing contextual awareness of market quality.
Why This Script Is Invite-Only
While the underlying concepts of trend and slope are well known, Coil’s value comes from how trend quality is normalized, evaluated, and abstracted into readable market states. This significantly reduces the need for multiple overlapping indicators and helps traders make clearer decisions during live conditions.
ODTE Layman Signals 📌 Script Name
Layman Options Signals – Structured BUY CALL / BUY PUT with SL & TP
📖 Overview
This indicator is a complete, finished intraday trading system designed to simplify options trading (including 0DTE and weekly options) by converting price action and market structure into clear, actionable signals.
The script performs all analysis in the background and displays only what the trader needs to execute consistently:
BUY CALL or BUY PUT
Predefined Stop Loss (SL)
Two Take Profit levels (TP1 and TP2)
Trade status and levels displayed in a live status box
The focus of this tool is execution discipline, not prediction.
🧠 Core Concepts Used (What Makes This Script Original)
This script combines multiple price-action concepts into a single, rule-based framework:
1️⃣ Opening Range Breakout (ORB)
The script calculates the opening range high and low using the first X minutes of the regular session.
Trades are only allowed above ORB high for CALLs and below ORB low for PUTs.
This filters low-quality trades during early chop.
2️⃣ Market Structure Confirmation
CALL trades require higher highs and higher lows
PUT trades require lower lows and lower highs
This prevents trading against structure.
3️⃣ Retest & Liquidity Sweep Validation
Breakouts are validated using:
ORB retests (price accepts above/below the range)
Liquidity sweeps (false breakouts that trap traders)
This helps reduce fake breakouts.
4️⃣ Volatility-Aware Risk Management
Stop losses are placed using market structure + ATR buffer
This avoids stops being placed at obvious levels.
5️⃣ Multi-Target Trade Management
TP1 = partial profit (risk reduction)
TP2 = runner target (trend continuation)
After TP1, stop loss can move to breakeven (optional)
6️⃣ Discipline Controls
Only one active trade at a time
Cooldown period after a stop loss
Prevents over-trading and revenge trading
📊 What the Indicator Displays
The script plots the following directly on the chart:
Entry level
Stop Loss (SL)
Take Profit 1 (TP1)
Take Profit 2 (TP2)
Opening Range High & Low
It also includes a Status Box that always shows one of the following states:
WAIT
BUY CALL
BUY PUT
IN TRADE
COOLDOWN
This allows traders to understand the current state at a glance without reading code.
▶️ How to Use the Indicator
Recommended Timeframes
1-minute or 2-minute charts
Intraday use only
Entry Rules
When BUY CALL appears → Buy an ATM or slightly ITM call
When BUY PUT appears → Buy an ATM or slightly ITM put
Risk Management
Exit immediately if price hits the SL line
Take partial profits at TP1
Hold remaining position for TP2 if conditions allow
When Status Shows WAIT or COOLDOWN
No trade should be taken
⚙️ Recommended Instruments
SPY / QQQ
Liquid large-cap stocks
Intraday options (0DTE / weeklies)
⚠️ Important Disclaimer
This script is provided for educational purposes only.
It is not financial advice
It does not guarantee profits
It does not place trades automatically
Options trading involves significant risk
Always test using paper trading or small size before live use.
🎯 Who This Script Is For
✔ Traders who want clear rules
✔ Traders who prefer price action over indicators
✔ Options traders who value risk management
✔ Users who want less chart clutter and more discipline
❌ Not intended for swing trading
❌ Not intended for automated trading systems
🧩 Final Notes
This is a complete, finished indicator, not a test or experimental script.
All logic is deterministic, non-repainting, and designed for real-time use.
The philosophy behind this tool is simple:
Good trading comes from structure, discipline, and risk control — not prediction.
Key Levels - BlackDelta.ioPivots Point of high interest these line are not ordinary lines they are indicating HTF Weekly levels, Base you trading ideas around these Key Levels to gain higher probability setup's once price touches one these Key Levels get ready for a big move to continuation or a reversal, pair it with your other confluences to get more edge in the market.
if this indicator helped you leave a comment below :)
@BlackDelta_
MA Candle Color [TheScalpingAnt]MA Candle Color
OVERVIEW
MA Candle Color is a visual indicator that transforms your trading experience by providing instant, real-time feedback on price position relative to your chosen Moving Average.
What makes it unique?
• Real-time visual clarity: The current forming candle changes color dynamically based on its position relative to the MA
• Zero lag: Instant visual feedback as price moves
• Clean charts: Only the active candle is colored - no chart clutter
• Professional design: Sleek, minimalist approach that enhances decision-making
Perfect for:
• Day traders seeking instant trend confirmation
• Scalpers who need split-second decision support
• Swing traders monitoring trend alignment
• Any trader who values visual clarity and speed
CONCEPTS
The Power of Visual Trading
Traditional indicators require constant interpretation. MA Candle Color eliminates this cognitive load by providing instant visual feedback through intelligent candle coloring.
Core Principle
The indicator operates on a simple but powerful concept:
• Green Candle = Price is above the Moving Average (bullish territory)
• Red Candle = Price is below the Moving Average (bearish territory)
Why Only the Current Candle?
-Unlike other indicators that color all candles, MA Candle Color focuses exclusively on the NOW:
-Eliminates visual noise
-Keeps your focus on current market conditions
-Prevents analysis paralysis
-Maintains clean chart aesthetics
-The Moving Average Foundation
-Moving Averages are one of the most trusted tools in technical analysis. This indicator leverages reliability while adding a modern, intuitive visual layer.
FEATURES
Real-Time Dynamic Coloring
• Current candle changes color instantly as it forms
• Green when price crosses above MA
• Red when price crosses below MA
• Automatic color reset when candle closes
Precision Engineering
• Zero repainting - what you see is what you get
• Lightweight code - no performance impact
• Compatible with all timeframes and instruments
Full Color Customization
-Choose your own bullish color (default: vibrant green)
-Choose your own bearish color (default: professional red)
-Match your chart theme perfectly
-High visibility options for all screen types
-Clean Visual Design
-MA plotted as subtle gray line
-Works seamlessly with other indicators
CUSTOMIZATION
Complete Control Over Your Trading Experience
MA Length (Default: 8)
Adjust from 1 to any value
Shorter periods (5-20): Responsive, ideal for scalping/day trading
Medium periods (20-50): Balanced for swing trading
Longer periods (50-200): Trend following and position trading
MA Type (Default: EMA)
• SMA: Best for identifying major support/resistance levels, classic, smooth trend identification
• EMA: Ideal for fast-moving markets and quick trend changes, responsive to recent price action
• WMA: Great for balanced trend analysis, balanced approach with recent price emphasis
• VWMA: Perfect when volume analysis is crucial, incorporates volume for institutional insight
• HMA: Excellent for reducing noise in volatile markets, incorporates volume for institutional insight
Recommended Configurations
For Day Trading:
• MA Length: 8-13
• MA Type: EMA or HMA
• High contrast colors
For Swing Trading:
• MA Length: 21-50
• MA Type: EMA or SMA
• Professional, subtle colors
For Scalping:
• MA Length: 5-8
• MA Type: EMA or HMA
• Bright, high-visibility colors
USAGE
Getting Started (3 Simple Steps)
Step 1: Add to Chart
• Search "MA Candle Color" in TradingView indicators
• Click to add to your chart
• Indicator loads with optimized default settings
Step 2: Customize (Optional)
• Click the settings gear icon
• Adjust MA length to match your trading timeframe
• Select your preferred MA type
• Choose your custom colors
Step 3: Trade with Confidence
• Watch the current candle color in real-time
• Green = Bullish momentum (price above MA)
• Red = Bearish momentum (price below MA)
• Use as confirmation with your existing strategy
Trading Applications
Trend Confirmation
• Green candle confirms uptrend continuation
• Red candle confirms downtrend continuation
• Color changes signal potential trend shifts
Entry Timing
• Enter long when candle turns green with other confirmations
• Enter short when candle turns red with other confirmations
• Use as a filter to avoid counter-trend trades
Exit Signals
• Exit longs when candle turns red
• Exit shorts when candle turns green
• Protect profits by respecting color changes
Multi-Timeframe Analysis
• Use on higher timeframe for trend direction
• Use on lower timeframe for precise entries
• Align colors across timeframes for high-probability setups
Pro Tips
Combine with Support/Resistance: Use color changes at key levels for powerful signals
Volume Confirmation: Look for color changes with volume spikes for stronger moves
Multiple MAs: Add multiple instances with different lengths (e.g., 8 EMA, 21 EMA, 50 SMA)
Risk Management: Never trade on color alone - use proper stop losses and position sizing
CONCLUSION
Why MA Candle Color is Essential for Modern Traders?
In today's fast-paced markets, speed and clarity are everything. MA Candle Color delivers both by transforming complex Moving Average analysis into instant visual feedback.
Key Benefits Recap
-Faster Decision Making - No more mental calculations
-Reduced Errors - Visual clarity prevents mistakes
-Professional Appearance - Clean, distraction-free charts
-Universal Application - Works with any strategy or market
-Fully Customizable - Adapts to your exact needs
-Zero Repainting - Reliable, honest signals
-Lightweight - No performance impact
Who Benefits Most?
-Day Traders: Instant trend confirmation for quick entries/exits
-Scalpers: Split-second visual feedback for rapid trading
-Swing Traders: Clear trend alignment across timeframes
-Beginners: Simplified MA analysis without complexity
-Professionals: Clean visual layer for existing strategies
The Competitive Edge
While others are calculating price vs MA in their heads, you'll have instant visual confirmation. While they're second-guessing crossovers, you'll be executing with confidence. While their charts are cluttered with colored history, yours will be clean and focused on NOW.
SAYO BASE📌 Overview
SAYO BASE is a price structure and momentum filtering overlay designed to help traders visualize key market zones using automatic Fibonacci levels combined with WaveTrend and Stochastic RSI confirmation.
This indicator generates dynamic support and resistance regions based on recent swing extremes and highlights momentum-based trigger areas to help confirm trade signals.
📈 Key Features
🔹 Dynamic Auto Fibonacci Zones
• Automatically draws multi-level Fibonacci structure based on the highest high and lowest low over a defined lookback period.
• Colored filled bands between levels create a visual map of key areas of resistance, retracement, and support.
🔹 Momentum Filters
• Uses a hybrid WaveTrend oscillator (wt1, wt2) to identify local momentum direction and extreme conditions.
• Stochastic RSI filter ensures signals are only shown when momentum supports the potential move.
🔹 Blue Zone Identification
• Blue zones mark high-probability retracement bands where price is potentially consolidating between key fib levels.
• These zones are excluded from local signal generation to reduce noise.
📊 How Signals Work
✨ Buy Signals
Triggered when momentum crosses upward:
• WaveTrend crossover (wt1 crossing above wt2) below the oversold threshold
• Price is outside blue retracement zones
• Stochastic RSI indicates oversold conditions
📉 Sell Signals
Triggered when momentum crosses downward:
• WaveTrend crossunder (wt1 crossing below wt2) above the overbought threshold
• Price is outside blue retracement zones
• Stochastic RSI indicates overbought conditions
(Visual shapes are currently commented out but can be enabled in code for chart markers.)
🧠 What You See on Chart
📍 Automatic Fib bands connecting recent structure extremes
📍 Highlighted colors showing relative strength / retracement areas
📍 Momentum filters help avoid false moves inside consolidation pockets
📍 Optional momentum timing signals (can be toggled or added)
⚙️ Custom Inputs Include
• Fib length (lookback for high/low range)
• Stochastic RSI sensitivity
• WaveTrend channel and smoothing parameters
• Overbought / oversold thresholds
(See the indicator settings pane after adding to chart.)
📌 Why Traders Like It
• Clear visual structure without manual drawing
• Combines trend structure with momentum confirmation
• Helps filter signals inside noise and ranging price action
• Works well for swing and intraday analysis
