Bitcoin Power Law [LuxAlgo]The Bitcoin Power Law tool is a representation of Bitcoin prices first proposed by Giovanni Santostasi, Ph.D. It plots BTCUSD daily closes on a log10-log10 scale, and fits a linear regression channel to the data.
This channel helps traders visualise when the price is historically in a zone prone to tops or located within a discounted zone subject to future growth.
🔶 USAGE
Giovanni Santostasi, Ph.D. originated the Bitcoin Power-Law Theory; this implementation places it directly on a TradingView chart. The white line shows the daily closing price, while the cyan line is the best-fit regression.
A channel is constructed from the linear fit root mean squared error (RMSE), we can observe how price has repeatedly oscillated between each channel areas through every bull-bear cycle.
Excursions into the upper channel area can be followed by price surges and finishing on a top, whereas price touching the lower channel area coincides with a cycle low.
Users can change the channel areas multipliers, helping capture moves more precisely depending on the intended usage.
This tool only works on the daily BTCUSD chart. Ticker and timeframe must match exactly for the calculations to remain valid.
🔹 Linear Scale
Users can toggle on a linear scale for the time axis, in order to obtain a higher resolution of the price, (this will affect the linear regression channel fit, making it look poorer).
🔶 DETAILS
One of the advantages of the Power Law Theory proposed by Giovanni Santostasi is its ability to explain multiple behaviors of Bitcoin. We describe some key points below.
🔹 Power-Law Overview
A power law has the form y = A·xⁿ , and Bitcoin’s key variables follow this pattern across many orders of magnitude. Empirically, price rises roughly with t⁶, hash-rate with t¹² and the number of active addresses with t³.
When we plot these on log-log axes they appear as straight lines, revealing a scale-invariant system whose behaviour repeats proportionally as it grows.
🔹 Feedback-Loop Dynamics
Growth begins with new users, whose presence pushes the price higher via a Metcalfe-style square-law. A richer price pool funds more mining hardware; the Difficulty Adjustment immediately raises the hash-rate requirement, keeping profit margins razor-thin.
A higher hash rate secures the network, which in turn attracts the next wave of users. Because risk and Difficulty act as braking forces, user adoption advances as a power of three in time rather than an unchecked S-curve. This circular causality repeats without end, producing the familiar boom-and-bust cadence around the long-term power-law channel.
🔹 Scale Invariance & Predictions
Scale invariance means that enlarging the timeline in log-log space leaves the trajectory unchanged.
The same geometric proportions that described the first dollar of value can therefore extend to a projected million-dollar bitcoin, provided no catastrophic break occurs. Institutional ETF inflows supply fresh capital but do not bend the underlying slope; only a persistent deviation from the line would falsify the current model.
🔹 Implications
The theory assigns scarcity no direct role; iterative feedback and the Difficulty Adjustment are sufficient to govern Bitcoin’s expansion. Long-term valuation should focus on position within the power-law channel, while bubbles—sharp departures above trend that later revert—are expected punctuations of an otherwise steady climb.
Beyond about 2040, disruptive technological shifts could alter the parameters, but for the next order of magnitude the present slope remains the simplest, most robust guide.
Bitcoin behaves less like a traditional asset and more like a self-organising digital organism whose value, security, and adoption co-evolve according to immutable power-law rules.
🔶 SETTINGS
🔹 General
Start Calculation: Determine the start date used by the calculation, with any prior prices being ignored. (default - 15 Jul 2010)
Use Linear Scale for X-Axis: Convert the horizontal axis from log(time) to linear calendar time
🔹 Linear Regression
Show Regression Line: Enable/disable the central power-law trend line
Regression Line Color: Choose the colour of the regression line
Mult 1: Toggle line & fill, set multiplier (default +1), pick line colour and area fill colour
Mult 2: Toggle line & fill, set multiplier (default +0.5), pick line colour and area fill colour
Mult 3: Toggle line & fill, set multiplier (default -0.5), pick line colour and area fill colour
Mult 4: Toggle line & fill, set multiplier (default -1), pick line colour and area fill colour
🔹 Style
Price Line Color: Select the colour of the BTC price plot
Auto Color: Automatically choose the best contrast colour for the price line
Price Line Width: Set the thickness of the price line (1 – 5 px)
Show Halvings: Enable/disable dotted vertical lines at each Bitcoin halving
Halvings Color: Choose the colour of the halving lines
Cicli
[FS] Time & Cycles Time & Cycles
A comprehensive trading session indicator that helps traders identify and track key market sessions and their price levels. This tool is particularly useful for forex and futures traders who need to monitor multiple trading sessions.
Key Features:
• Multiple Session Support:
- London Session
- New York Session
- Sydney Session
- Asia Session
- Customizable TBD Session
• Session Visualization:
- Clear session boxes with customizable colors
- Session labels with adjustable visibility
- Support for sessions crossing midnight
- Timezone-aware calculations
• Price Level Tracking:
- Daily High/Low levels
- Weekly High/Low levels
- Previous session High/Low levels
- Customizable history depth for each level type
• Customization Options:
- Adjustable colors for each session
- Customizable border styles
- Label visibility controls
- Timezone selection
- History level depth settings
• Technical Features:
- High-performance calculation engine
- Support for multiple timeframes
- Efficient memory usage
- Clean and intuitive visual display
Perfect for:
• Forex traders monitoring multiple sessions
• Futures traders tracking market hours
• Swing traders identifying key session levels
• Day traders planning their trading hours
• Market analysts studying session patterns
The indicator helps traders:
- Identify active trading sessions
- Track session-specific price levels
- Monitor market activity across different time zones
- Plan trades based on session boundaries
- Analyze price action within specific sessions
Note: This indicator is designed to work across all timeframes and is optimized for performance with minimal impact on chart loading times.
Trendlines with Breaks + Hull Suite + SuperTrend
الدخول بعد اختراق او كسر الترند المطابق للسحابه والخروج مع تغيير لون الخط المتدرج
Entering after breaking or breaking the trend corresponding to the cloud and exit with changing the colour of the graduated line
KABOOM FVG NEWKABOOM FVG NEW – Fair Value Gap with Mitigation Tracking
The KABOOM FVG NEW identifies Fair Value Gaps (FVGs) — market inefficiencies that occur due to aggressive buying or selling — and actively tracks their mitigation status.
An FVG forms when there is a significant price move that leaves a gap between the high of one candle and the low of the candle two bars later, without full overlap. These gaps are commonly revisited by price, offering traders key zones for potential entries or exits.
🔶 Key Features
Detects bullish and bearish FVGs in real-time
Highlights unmitigated zones with optional dynamic tracking
Tracks and displays mitigation percentage
Option to show historical FVGs
Fully customizable colors for Bullish, Bearish, and Mitigated zones
🔶 Settings Explained
FVG Width Filter: Controls sensitivity using a multiplier (refer to tooltip)
Dynamic Mode: Enables live adjustment of zones as price evolves
Extend: Defines how far the FVG boxes are drawn on the chart
Mitigation Lines: Shows dashed lines once an FVG is mitigated
Dashboard Panel: Displays counts and mitigation stats for better decision-making
🔶 Limitations
Filtering is not applied to the first 144 candles, as the ATR-based threshold requires historical data to initialize.
Whether you're a scalper, swing trader, or position trader, KABOOM FVG NEW helps you identify price imbalance zones and monitor them with precision.
牛熊周期 (Crypto Bull/Bear Cycle)Indicator: Crypto Bull/Bear Cycle Pro Max
Overview
This indicator is a powerful visualization tool designed to help traders understand and analyze the long-term cyclical nature of the cryptocurrency market, which is widely believed to follow a four-year pattern.
It automatically colors the chart's background to provide an immediate macro perspective, distinguishing between pre-configured "Bull Market" years (green) and "Bear Market" years (red). Beyond simple coloring, this all-in-one tool includes a fully customizable countdown timer to the next cycle transition, annual separator lines, and extensive options to tailor the visuals to your personal preference.
Key Features
* **Automatic Cycle Coloring:** The chart background is automatically shaded green for bull years and red for bear years, giving you an instant sentiment check.
* **Cycle Transition Countdown:** A non-intrusive info box displays the exact number of days remaining until the next cycle is set to begin (e.g., from a bear to a bull period).
* **Annual Separator Lines:** Draws a clean vertical line at the beginning of each year, making it easy to compartmentalize and analyze yearly price action.
* **Highly Customizable:** Nearly every visual element is under your control. Adjust colors, transparency, text sizes, line styles, and fine-tune the positioning of the info box to perfectly fit your chart layout.
* **Future-Proof:** The cycle years are stored in an array within the code, which can be easily edited to add future years or adjust to your own cycle theory.
How to Use
* **Macro Perspective:** Use the green (bull) and red (bear) backgrounds to quickly assess the historical market sentiment for the period you are analyzing.
* **Long-Term Planning:** Keep an eye on the countdown timer to stay aware of major potential turning points in the market, which can be crucial for long-term portfolio strategy.
* **Yearly Analysis:** Utilize the vertical separator lines to easily measure and compare performance on a year-by-year basis.
Settings and Customization
You can access the following settings by clicking the **Gear Icon (⚙️)** next to the indicator's name on your chart.
**1. Cycle Background Colors**
* **Bull Market Color:** Sets the color and transparency for the background during bull years.
* **Bear Market Color:** Sets the color and transparency for the background during bear years.
**2. Countdown Timer**
* **Show Countdown Timer:** A master switch to turn the info box on or off.
* **Style (Background Color, Text Color, Text Size):** Full control over the appearance of the info box and its text.
* **Position Fine-Tuning (X & Y Offset):**
* **X-Axis Offset (Horizontal):** A larger number pushes the info box further to the **left** from the right edge of the chart.
* **Y-Axis Offset (Vertical):** A larger number pushes the info box further **down** from the top edge of the chart.
**3. Year Separator Lines**
* **Show Year Separator Lines:** A switch to turn the vertical lines on or off.
* **Line Style (Separator Color, Style, Width):** Customize the appearance of the annual lines, including their color, style (Solid, Dashed, Dotted), and thickness.
---
**Note:** The bear years are predefined in the script's code on the line starting with `var int bear_years_array = ...`. By default, they are set to `2014, 2018, 2022, 2026,` etc. You can easily edit this line in the Pine Editor to add more years or modify the list if your cycle theory differs.
DR SessionsDR/IDR concept sessions with multiple ways to view the session to best suit your needs.
Each session, ADR, ODR, RDR can be turned on/off, and displayed 3 different ways. Lines, will highlight each DR and IDR line, and will color the side that breaks out. Zones, will fill in the gap between the DR and the IDR lines and will color the breakout side. Finally range will fill the entire range from DR to DR with a single color that will change to the breakout color once price closes outside of the range.
BTC Dominance Zones (For Altseason)Overview
The "BTC Dominance Zones (For Altseason)" indicator is a visual tool designed to help traders navigate the different phases of the altcoin market cycle by tracking Bitcoin Dominance (BTC.D).
It provides clear, color-coded zones directly on the BTC.D chart, offering an intuitive roadmap for the progression of alt season.
Purpose & Problem Solved
Many traders often miss altcoin rotations or get caught at market tops due to emotional decision-making or a lack of a clear framework. This indicator aims to solve that problem by providing an objective, historically informed guide based on Bitcoin Dominance, helping users to prepare before the market makes its decisive moves. It distils complex market dynamics into easily digestible sections.
Key Features & Components
Color-Coded Horizontal Zones: The indicator draws fixed horizontal bands on the BTC.D chart, each representing a distinct phase of the altcoin market cycle.
Descriptive Labels: Each zone is clearly labeled with its strategic meaning (e.g., "Alts are dead," "Danger Zone") and the corresponding BTC.D percentage range, positioned to the right of the price action for clarity.
Consistent Aesthetics: All text within the labels is rendered in white for optimal visibility across the colored zones.
Symbol Restriction: The indicator includes an automatic check to ensure it only draws its visuals when applied specifically to the CRYPTOCAP:BTC.D chart. If applied to another chart, it displays a helpful message and remains invisible to prevent confusion.
Methodology & Interpretation
The indicator's methodology is based on the historical behavior of Bitcoin Dominance during various market cycles, particularly the 2021 bull run. Each zone provides a specific interpretation for altcoin strategy:
Grey Zone (BTC.D 60-70%+): "Alts Are Dead"
Interpretation: When Bitcoin Dominance is in this grey zone (typically above 60%), Bitcoin is king, and capital remains concentrated in BTC. This indicates that alt season is largely inactive or "dead". This phase is generally not conducive for aggressive altcoin trading.
Blue Zone (BTC.D 55-60%): "Alt Season Loading"
Interpretation: As BTC.D drops into this blue zone (below 60%), it signals that the market is "heating up" for altcoins. This is the time to start planning and executing your initial positions in high-conviction large-cap and strong narrative plays, as capital begins to look for more risk.
Green Zone (BTC.D 50-55%): "Alt Season Underway"
Interpretation: Entering this green zone (below 55%) signifies that "real momentum" is building, and alt season is genuinely "underway". Money is actively flowing from Ethereum into large and mid-cap altcoins. If you've positioned correctly, your portfolio should be showing strong gains in this phase.
Orange Zone (BTC.D 45-50%): "Alt Season Ending"
Interpretation: As BTC.D dips into this orange zone (below 50%), it suggests that altcoin dominance is reaching its peak, indicating the "ending" phase of alt season. While euphoria might be high, this is a critical warning zone to prepare for profit-taking, as it's a phase of "peak risk".
Red Zone (BTC.D Below 45%): "Danger Zone - Alts Overheated"
Interpretation: This red zone (below 45%) is the most critical "DANGER ZONE". It historically marks the point of maximum froth and risk, where altcoins are overheated. This is the decisive signal to aggressively take profits, de-risk, and exit positions to preserve your capital before a potential sharp correction. Historically, dominance has gone as low as 39-40% in this phase.
How to Use
Open TradingView and search for the BTC.D symbol to load the Bitcoin Dominance chart and view the indicator.
Double click the indicator to access settings.
Inputs/Settings
The indicator's zone boundaries are set to historically relevant levels for consistency with the Alt Season Blueprint strategy. However, the colors of each zone are fully customizable through the indicator's settings, allowing users to personalize the visual appearance to their preference. You can access these color options in the indicator's "Settings" menu once it's added to your chart.
Disclaimer
This indicator is provided for informational and educational purposes only. It is not financial advice. Trading cryptocurrencies involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial professional before making any investment decisions.
About the Author
This indicator was developed by Nick from Lab of Crypto.
Release Notes
v1.0 (June 2025): Initial release featuring color-coded horizontal BTC.D zones with descriptive labels, based on Alt Season Blueprint strategy. Includes symbol restriction for correct chart application and consistent white text.
Bearish Divergence Detector v6This Indicator is a combination of the Bearish divergence combined with the MACD and RSI signal it shows the divergence pattern at all time frames
ICT Killzones Toolkit [LuxAlgo]killzone with alert order block, you can add alarm to your trading view according the apperance of the order block or the fair value gab from the indicator , so you don't have to watch the charts all the time
Wyckoff Entry Times @jqrmThis indicator visually marks two custom time zones on your TradingView chart by drawing vertical lines at the start and end of each zone. The first time zone spans from 9:27 AM to 9:33 AM, highlighted in red, and the second spans from 9:50 AM to 10:10 AM, highlighted in blue. You can enable or disable each zone's lines using the indicator inputs. This helps to quickly spot important intraday sessions or time ranges on your chart.
@khaicao| APB HistogramIntroducing the APB Histogram Indicator
A Powerful Tool for Visualizing Price Momentum
The APB Histogram (Average Price Bar Histogram) is a unique and insightful indicator designed to help traders identify price momentum and potential trend reversals. By calculating a smoothed average of price action and plotting the difference between the APB Close and APB Open as a histogram, this indicator provides a clear visual representation of bullish and bearish pressure in the market.
Key Features:
✅ Smoothed Price Calculation – Uses a recursive formula to generate a dynamic average price bar, reducing noise and highlighting meaningful trends.
✅ Intuitive Histogram Display – Positive (green) bars indicate bullish momentum, while negative (red) bars signal bearish momentum.
✅ Customizable Colors – Adjust the bullish and bearish colors to match your trading style.
✅ Non-Overlay Design – Plotted in a separate panel for clear visualization without cluttering the main chart.
How to Use the APB Histogram:
Bullish Signals: When the histogram bars are green and rising, it suggests increasing buying pressure.
Bearish Signals: When the histogram bars are red and falling, it indicates growing selling pressure.
Trend Confirmation: Use alongside other indicators, recommended to use with Stochastic (8,3,3) to confirm trend strength.
Perfect For:
Swing Traders looking for momentum shifts
Day Traders needing quick visual cues on price direction
Trend Followers confirming entry and exit points
Try the APB Histogram today and enhance your trading strategy with a cleaner, more intuitive view of market momentum!
🔹 Like & Follow for more unique indicators!
🔹 Comment below if you have any questions or improvement suggestions!
Happy Trading! 🚀
Lagged M2 Money SupplyDescription:
This indicator plots the U.S. M2 Money Supply (FRED:M2SL) with an optional time lag applied, enabling macroeconomic correlation analysis with lagging assets such as Bitcoin (BTC) or equities.
Source: Federal Reserve Economic Data (FRED)
Update Frequency: Weekly (as per FRED:M2SL data)
Lag Control: Default lag is 12 weeks; this can be modified in the script
Visualization:
Original M2 plotted in gray
Lagged M2 plotted in orange
Use Case: Identify delayed correlations between monetary expansion and asset performance (e.g., BTC price reactions to liquidity growth)
Note: As the M2 dataset is macroeconomic and updates infrequently, this indicator is best used on weekly timeframes or higher.
[Mustang Algo] Channel Strategy# Mustang Algo Channel Strategy - Universal Market Sentiment Oscillator
## 🎯 ORIGINAL CONCEPT
This strategy employs a unique market sentiment oscillator that works on ALL financial assets. It uses Bitcoin supply dynamics combined with stablecoin market capitalization as a macro sentiment indicator to generate universal timing signals across stocks, forex, commodities, indices, and cryptocurrencies.
## 🌐 UNIVERSAL APPLICATION
- **Any Asset Class:** Stocks, Forex, Commodities, Indices, Crypto, Bonds
- **Market-Wide Timing:** BTC/Stablecoin ratio serves as a global risk sentiment gauge
- **Cross-Market Signals:** Trade any instrument using macro liquidity conditions
- **Ecosystem Approach:** One oscillator for all financial markets
## 🧮 METHODOLOGY
**Core Calculation:** BTC Supply / (Combined Stablecoin Market Cap / BTC Price)
- **Data Sources:** DAI + USDT + USDC market capitalizations
- **Signal Generation:** RSI(14) applied to the ratio, double-smoothed with WMA
- **Timing Logic:** Crossover signals filtered by overbought/oversold zones
- **Multi-Timeframe:** Configurable timeframe analysis (default: Daily)
## 📈 TRADING STRATEGY
**LONG Entries:** Bullish crossover when market sentiment is oversold (<48)
**SHORT Entries:** Bearish crossover when market sentiment is overbought (>55)
**Universal Timing:** These macro signals apply to trading any financial instrument
## ⚙️ FLEXIBLE RISK MANAGEMENT
**Three SL/TP Calculation Modes:**
- **Percentage Mode:** Traditional % based (4% SL, 12% TP default)
- **Ticks Mode:** Precise tick-based calculation (50/150 ticks default)
- **Pips Mode:** Forex-style pip calculation (50/150 pips default)
**Realistic Parameters:**
- Commission: 0.1% (adjustable for different asset classes)
- Slippage: 2 ticks
- Position sizing: 10% of equity (conservative)
- No pyramiding (single position management)
## 📊 KEY ADVANTAGES
✅ **Universal Application:** One strategy for all asset classes
✅ **Macro Foundation:** Based on global liquidity and risk sentiment
✅ **False Signal Filtering:** Overbought/oversold zones reduce noise
✅ **Flexible Risk Management:** Multiple SL/TP calculation methods
✅ **No Lookahead Bias:** Clean backtesting with realistic results
✅ **Cross-Market Correlation:** Captures broad market risk cycles
## 🎛️ CONFIGURATION GUIDE
1. **Asset Selection:** Apply to stocks, forex, commodities, indices, crypto
2. **Timeframe Setup:** Daily recommended for swing trading
3. **Sentiment Bounds:** Adjust 48/55 levels based on market volatility
4. **Risk Management:** Choose appropriate SL/TP mode for your asset class
5. **Direction Filter:** Select Long Only, Short Only, or Both
## 📋 BACKTESTING STANDARDS
**Compliant with TradingView Guidelines:**
- ✅ Realistic commission structure (0.1% default)
- ✅ Appropriate slippage modeling (2 ticks)
- ✅ Conservative position sizing (10% equity)
- ✅ Sustainable risk ratios (1:3 SL/TP)
- ✅ No lookahead bias (proper historical simulation)
- ✅ Sufficient sample size potential (100+ trades possible)
## 🔬 ORIGINAL RESEARCH
This strategy introduces a revolutionary approach to financial markets by treating the BTC/Stablecoin ratio as a global risk sentiment gauge. Unlike traditional indicators that analyze individual asset price action, this oscillator captures macro liquidity flows that affect ALL financial markets - from stocks to forex to commodities.
## 🎯 MARKET APPLICATIONS
**Stocks & Indices:** Risk-on/risk-off sentiment timing
**Forex:** Global liquidity flow analysis for major pairs
**Commodities:** Risk appetite for inflation hedges
**Bonds:** Flight-to-safety vs. risk-seeking behavior
**Crypto:** Native application with direct correlation
## ⚠️ RISK DISCLOSURE
- Designed for intermediate to long-term trading across all timeframes
- Market sentiment can remain extreme longer than expected
- Always use appropriate position sizing for your specific asset class
- Adjust commission and slippage settings for different markets
- Past performance does not guarantee future results
## 🚀 INNOVATION SUMMARY
**What makes this strategy unique:**
- First to use BTC/Stablecoin ratio as universal market sentiment indicator
- Applies macro-economic principles to technical analysis across all assets
- Single oscillator provides timing signals for entire financial ecosystem
- Bridges traditional finance with digital asset insights
- Combines fundamental liquidity analysis with technical precision
Custom Session ZonesCreate your own custom market session zones. Currently marks for Asia, London, NY, NY Open, ICT Silver Bullet AM/PM timings.
Golden Pocket SyndicateGPS – Golden Pocket Syndicate
The GPS indicator is a multi-tool designed for active traders who focus on reversals, precision scalping, and high-confluence entries. This script combines key market structure elements, dynamic support/resistance mapping, and real-time volume + liquidation metrics to help traders identify optimal entries based on supply/demand imbalances and liquidity targeting.
Rather than replicating existing open-source tools, GPS blends custom logic for:
• Golden Pocket Zone Mapping: Automatically highlights key Fibonacci retracement areas (0.618–0.65) across daily, weekly, monthly levels, including previous session extensions.
• Liquidation Clusters & Pre-Liq Zones: Real-time detection and visual display of high-risk liquidation areas using volume acceleration and candle-body displacement data.
• Reversal Confirmation Signals: Combines volume divergence, VWAP reclaims, and spiderline rejections with custom-coded “Snipe Points” that alert traders to potential exhaustion in trend.
• Market Sentiment Integration: Optional overlays include real-time bar color shifts based on bias change (from trend to range) and dynamic volume overlays.
This indicator is intended for traders who scalp or swing but require additional confirmation layers to prevent premature entries. It works well on 5m–4H charts and is especially powerful when paired with other manual tools such as trendlines, order blocks, or market structure breaks.
1-Min Change of State Buy/Sell SignalBuy & Sell Indicator. Calls a signal based on break of structure, momentum and trend
RSI + 200 EMA Strategy🔹 Rules to follow (5-minute)
✅ Buy (Long) when:
➥ Price is above 200 EMA (uptrend).
➥ RSI drops below 30 (oversold) and then crosses back above 30.
➥ Ideally, you enter after the first green 5-minute candle following the RSI reversal.
✅ Sell (Short) when:
➥ Price is below 200 EMA (downtrend).
➥ RSI crosses above 70 (overbought) and then drops back below 70.
➥ Ideally, you enter after the first red 5-minute candle following the reversal.
Timeframe Resistance Evaluation And Detection - CoffeeKillerTREAD - Timeframe Resistance Evaluation And Detection Guide
🔔 Important Technical Limitation 🔔
**This indicator does NOT fetch true higher timeframe data.** Instead, it simulates higher timeframe levels by aggregating data from your current chart timeframe. This means:
- Results will vary depending on what chart timeframe you're viewing
- Levels may not match actual higher timeframe candle highs/lows
- You might miss important wicks or gaps that occurred between chart timeframe bars
- **Always verify levels against actual higher timeframe charts before trading**
Welcome traders! This guide will walk you through the TREAD (Timeframe Resistance Evaluation And Detection) indicator, a multi-timeframe analysis tool developed by CoffeeKiller that identifies support and resistance confluence across different time periods.(I am 50+ year old trader and always thought I was bad a teaching and explaining so you get a AI guide. I personally use this on the 5 minute chart with the default settings, but to each there own and if you can improve the trend detection methods please DM me. I would like to see the code. Thanks)
Core Components
1. Dual Timeframe Level Tracking
- Short Timeframe Levels: Tracks opening price extremes within shorter periods
- Long Timeframe Levels: Tracks actual high/low extremes within longer periods
- Dynamic Reset Mechanism: Levels reset at the start of each new timeframe period
- Momentum Detection: Identifies when levels change mid-period, indicating active price movement
2. Visual Zone System
- High Zones: Areas between long timeframe highs and short timeframe highs
- Low Zones: Areas between long timeframe lows and short timeframe lows
- Fill Coloring: Dynamic colors based on whether levels are static or actively changing
- Momentum Highlighting: Special colors when levels break during active periods
3. Customizable Display Options
- Multiple Plot Styles: Line, circles, or cross markers
- Flexible Timeframe Selection: Wide range of short and long timeframe combinations
- Color Customization: Separate colors for each level type and momentum state
- Toggle Controls: Show/hide different elements based on trading preference
Main Features
Timeframe Settings
- Short Timeframe Options: 15m, 30m, 1h, 2h, 4h
- Long Timeframe Options: 1h, 2h, 4h, 8h, 12h, 1D, 1W
- Recommended Combinations:
- Scalping: 15m/1h or 30m/2h
- Day Trading: 30m/4h or 1h/4h
- Swing Trading: 4h/1D or 1D/1W
Display Configuration
- Level Visibility: Toggle short/long timeframe levels independently
- Fill Zone Control: Enable/disable colored zones between levels
- Momentum Fills: Special highlighting for actively changing levels
- Line Customization: Width, style, and color options for all elements
Color System
- Short TF High: Default red for resistance levels
- Short TF Low: Default green for support levels
- Long TF High: Transparent red for broader resistance context
- Long TF Low: Transparent green for broader support context
- Momentum Colors: Brighter colors when levels are actively changing
Technical Implementation Details
How Level Tracking Works
The indicator uses a custom tracking function that:
1. Detects Timeframe Periods: Uses `time()` function to identify when new periods begin
2. Tracks Extremes: Monitors highest/lowest values within each period
3. Resets on New Periods: Clears tracking when timeframe periods change
4. Updates Mid-Period: Continues tracking if new extremes are reached
The Timeframe Limitation Explained
`pinescript
// What the indicator does:
short_tf_start = ta.change(time(short_timeframe)) != 0 // Detects 30m period start
= track_highest(open, short_tf_start) // BUT uses chart TF opens!
// What true multi-timeframe would be:
// short_tf_high = request.security(syminfo.tickerid, short_timeframe, high)
`
This means:
- On a 5m chart with 30m/4h settings: Tracks 5m bar opens during 30m and 4h windows
- On a 1m chart with same settings: Tracks 1m bar opens during 30m and 4h windows
- Results will be different between chart timeframes
- May miss important price action that occurred between your chart's bars
Visual Elements
1. Level Lines
- Short TF High: Upper resistance line from shorter timeframe analysis
- Short TF Low: Lower support line from shorter timeframe analysis
- Long TF High: Broader resistance context from longer timeframe
- Long TF Low: Broader support context from longer timeframe
2. Zone Fills
- High Zone: Area between long TF high and short TF high (potential resistance cluster)
- Low Zone: Area between long TF low and short TF low (potential support cluster)
- Regular Fill: Standard transparency when levels are static
- Momentum Fill: Enhanced visibility when levels are actively changing
3. Dynamic Coloring
- Static Periods: Normal colors when levels haven't changed recently
- Active Periods: Momentum colors when levels are being tested/broken
- Confluence Zones: Different intensities based on timeframe alignment
Trading Applications
1. Support/Resistance Trading
- Entry Points: Trade bounces from zone boundaries
- Confluence Areas: Focus on areas where short and long TF levels cluster
- Zone Breaks: Enter on confirmed breaks through entire zones
- Multiple Timeframe Confirmation: Stronger signals when both timeframes align
2. Range Trading
- Zone Boundaries: Use fill zones as range extremes
- Mean Reversion: Trade back toward opposite zone when price reaches extremes
- Breakout Preparation: Watch for momentum color changes indicating potential breakouts
- Risk Management: Place stops outside the opposite zone
3. Trend Following
- Direction Bias: Trade in direction of zone breaks
- Pullback Entries: Enter on pullbacks to broken zones (now support/resistance)
- Momentum Confirmation: Use momentum coloring to confirm trend strength
- Multiple Timeframe Alignment: Strongest trends when both timeframes agree
4. Scalping Applications
- Quick Bounces: Trade rapid moves between zone boundaries
- Momentum Signals: Enter when momentum colors appear
- Short-Term Targets: Use opposite zone as profit target
- Tight Stops: Place stops just outside current zone
Optimization Guide
1. Timeframe Selection
For Different Trading Styles:
- Scalping: 15m/1h - Quick levels, frequent updates
- Day Trading: 30m/4h - Balanced view, good for intraday moves
- Swing Trading: 4h/1D - Longer-term perspective, fewer false signals
- Position Trading: 1D/1W - Major structural levels
2. Chart Timeframe Considerations
**Important**: Your chart timeframe affects results
- Lower Chart TF: More granular level tracking, but may be noisy
- Higher Chart TF: Smoother levels, but may miss important price action
- Recommended: Use chart timeframe 2-4x smaller than short indicator timeframe
3. Display Settings
- Busy Charts: Disable fills, show only key levels
- Clean Analysis: Enable all fills and momentum coloring
- Multi-Monitor Setup: Use different color schemes for easy identification
- Mobile Trading: Increase line width for visibility
Best Practices
1. Level Verification
- Always Cross-Check: Verify levels against actual higher timeframe charts
- Multiple Timeframes: Check 2-3 different chart timeframes for consistency
- Price Action Confirmation: Wait for candlestick confirmation at levels
- Volume Analysis: Combine with volume for stronger confirmation
2. Risk Management
- Stop Placement: Use zones rather than exact prices for stops
- Position Sizing: Reduce size when zones are narrow (higher risk)
- Multiple Targets: Scale out at different zone boundaries
- False Break Protection: Allow for minor zone penetrations
3. Signal Quality Assessment
- Momentum Colors: Higher probability when momentum coloring appears
- Zone Width: Wider zones often provide stronger support/resistance
- Historical Testing: Backtest on your preferred timeframe combinations
- Market Conditions: Adjust sensitivity based on volatility
Advanced Features
1. Momentum Detection System
The indicator tracks when levels change mid-period:
`pinescript
short_high_changed = short_high != short_high and not short_tf_start
`
This identifies:
- Active level testing
- Potential breakout situations
- Increased market volatility
- Trend acceleration points
2. Dynamic Color System
Complex conditional logic determines fill colors:
- Static Zones: Regular transparency for stable levels
- Active Zones: Enhanced colors for changing levels
- Mixed States: Different combinations based on user preferences
- Custom Overrides: User can prioritize certain color schemes
3. Zone Interaction Analysis
- Convergence: When short and long TF levels approach each other
- Divergence: When timeframes show conflicting levels
- Alignment: When both timeframes agree on direction
- Transition: When one timeframe changes while other remains static
Common Issues and Solutions
1. Inconsistent Levels
Problem: Levels look different on various chart timeframes
Solution: Always verify against actual higher timeframe charts
2. Missing Price Action
Problem: Important wicks or gaps not reflected in levels
Solution: Use chart timeframe closer to indicator's short timeframe setting
3. Too Many Signals
Problem: Excessive level changes and momentum alerts
Solution: Increase timeframe settings or reduce chart timeframe granularity
4. Lagging Signals
Problem: Levels seem to update too slowly
Solution: Decrease chart timeframe or use more sensitive timeframe combinations
Recommended Setups
Conservative Approach
- Timeframes: 4h/1D
- Chart: 1h
- Display: Show fills only, no momentum coloring
- Use: Swing trading, position management
Aggressive Approach
- Timeframes: 15m/1h
- Chart: 5m
- Display: All features enabled, momentum highlighting
- Use: Scalping, quick reversal trades
Balanced Approach
- Timeframes: 30m/4h
- Chart: 15m
- Display: Selective fills, momentum on key levels
- Use: Day trading, multi-session analysis
Final Notes
**Remember**: This indicator provides a synthetic view of multi-timeframe levels, not true higher timeframe data. While useful for identifying potential confluence areas, always verify important levels by checking actual higher timeframe charts.
**Best Results When**:
- Combined with actual multi-timeframe analysis
- Used for confluence confirmation rather than primary signals
- Applied with proper risk management
- Verified against price action and volume
**DISCLAIMER**: This indicator and its signals are intended solely for educational and informational purposes. The timeframe limitation means results may not reflect true higher timeframe levels. Always conduct your own analysis and verify levels independently before making trading decisions. Trading involves significant risk of loss.
New WeekSimple and clean indicator that highlights the start of each new trading week on your chart with a subtle background color. Perfect for traders who need a clear visual reference for weekly market structure analysis.
1-Min Change of State Buy/Sell SignalBuy & Sell Indicator. signals a trade based on BOS (Break of Structure), Momentum, and trend
EST Morning Session ColumnsThis is a simple indicator that shows the market open every weekday morning and a Red Wednesday column marketing the middle of the week. I se this to watch the open easily on any time frame as generally, Monday sets a trend until Wednesday which typically starts a reversal into the weekend.
I may continue adding to this over time as I find other elements to create a confluence.
cryptocrow.io
Palfrey Ltd: CBT Navigator Legacy🧭 How to Use the CBT Navigator Legacy Indicator
The CBT Navigator Legacy is designed to assist long-term Bitcoin holders with structured exit planning across the capital cycle. It overlays key price zones and ROI thresholds to help you manage conviction, de-risk responsibly, and navigate euphoric conditions with clarity.
🔹 Setup & Inputs
Average Entry: Input the average USD price at which you acquired your BTC position.
Cycle Peak Estimate: Set a hypothetical top for the current market cycle (e.g. $250,000).
Funding Rate Proxy: Enter a manually observed or estimated annualized funding rate (e.g. 0.12 for 12%).
🔹 What It Displays
The indicator renders horizontal lines at:
Sell Zone 1 (72% of peak): Early de-risking for disciplined capital preservation.
Sell Zone 2 (90% of peak): Start reducing core positions.
Sell Zone 3 (100% of peak): Near peak euphoria—high-risk environment.
Sell Zone Max (110% of peak): Blow-off top zone—exit remaining speculative exposure.
ROI Multiples (2x to 10x): Visualize profit multiples based on your entry price.
A small dashboard on-screen summarizes which zones price has entered and whether funding rates are elevated (above 10%).
🔹 How to Use It
Strategic Planning: Use the tool to define your sell zones before the market gets volatile.
Psychological Anchor: The visual zones provide a reference point when sentiment becomes irrational.
Non-Overfitting: It works without relying on live market data proxies or on-chain feeds—ideal for legacy views.
For deeper insights into how this framework fits into broader cycle structure, macro analysis, and risk models, refer to the articles at
📬 coinandcapital.substack.com
Unified Strategy
Traffic Light + Trend Trader
Description:
The Trend Trader strategy leverages the power of moving averages (MAs) and MACD to identify market trends and capitalize on momentum shifts. This indicator is ideal for traders seeking consistent signals for both entry and exit points, making it versatile across various markets, including stocks, forex, and commodities.
Key Features:
Dynamic Trend Detection:
Short and long-term moving averages (MAs) provide insights into the current market trend.
Crossovers between MAs signal potential buy or sell opportunities.
MACD Confirmation:
Combines MA crossovers with MACD for double confirmation of trend changes.
Color-coded background highlights bullish or bearish momentum during active trading sessions.
Session Customization:
Allows traders to focus on specific trading hours by customizing session times.
Ensures the strategy aligns with your preferred trading schedule.
Instrument-Specific Targeting:
Tailored targets for popular instruments like US30, NDX100, GER40, and GOLD.
Adaptable to different volatility profiles and market behaviors.
How to Use:
Buy Signal: When the short MA crosses above the long MA, confirmed by MACD trending upward.
Sell Signal: When the short MA crosses below the long MA, confirmed by MACD trending downward.
Background Colors: Green indicates bullish momentum; red highlights bearish momentum during the session.
Benefits:
Enhances trend-following strategies by reducing noise and false signals.
Suitable for both short-term scalping and long-term trend trading.
Highly customizable for different trading styles and instruments.
Tags:
Trend Trader, Moving Average Crossover, MACD, Forex, Stocks, Scalping, Swing Trading, Long, Short, TradingView Indicator.
Additional Instructions:
Ensure session times and target levels are tailored to your trading strategy.