Relative Valuation OscillatorThis is a Relative Valuation Oscillator (RVO) this is attempt of replication OTC Valuation - a sophisticated multi-asset comparison indicator designed to measure whether the current asset is overvalued or undervalued relative to up to three reference assets.
Overview
The RVO compares the current chart's asset against reference assets (default: 30-Year Treasury Bonds, Gold, and US Dollar Index) to determine relative strength and valuation extremes. It outputs normalized oscillator values ranging from -100 (undervalued) to +100 (overvalued).
Key Features
Multiple Calculation Methods
The indicator offers 5 different calculation approaches:
Simple Ratio - Normalized ratio deviation from average
Percentage Difference - Percentage change comparison
Ratio Z-Score - Standard deviation-based comparison
Rate of Change Comparison - Momentum differential analysis (default)
Normalized Ratio - Min-max normalized ratio
Configurable Reference Assets
Asset 1: Default ZB (30-Year Treasury Bond Futures) - tracks interest rate sensitivity
Asset 2: Default GC (Gold Futures) - tracks safe-haven and inflation dynamics
Asset 3: Default DXY (US Dollar Index) - tracks currency strength
Each asset can be enabled/disabled independently
Fully customizable symbols
Visual Components
Multiple oscillator lines - One for each active reference asset (color-coded)
Average line - Combined signal from all active assets
Overbought/Oversold zones - Configurable threshold levels (default: ±80)
Zero line - Neutral valuation reference
Background coloring - Visual zones for extreme conditions
Signal line - Optional smoothed average
Entry markers - Long/short signals at key reversals
Signal Generation
Crossover alerts - When crossing overbought/oversold levels
Entry signals - Reversals from extreme zones
Divergence detection - Bullish/bearish divergences between price and oscillator
Zero-line crosses - Trend strength changes
Customization Options
Lookback period (10-500): Controls statistical calculation window
Normalization period (50-1000): Determines scaling sensitivity
Smoothing toggle: Optional EMA/SMA smoothing with adjustable period
Visual customization: Colors, levels, and display options
Information Table
Real-time dashboard showing:
Average oscillator value
Current status (Overvalued/Undervalued/Neutral)
Current asset price
Individual values for each active reference asset
Use Cases
Mean reversion trading - Identify extreme relative valuations for reversal trades
Sector rotation - Compare assets within similar categories
Hedging strategies - Understand correlation dynamics
Multi-asset analysis - Simultaneously compare against bonds, commodities, and currencies
Divergence trading - Spot price/oscillator divergences
Trading Strategy Applications
Long signals: When oscillator crosses above oversold level (asset recovering from undervaluation)
Short signals: When oscillator crosses below overbought level (asset declining from overvaluation)
Confirmation: Use multiple reference assets for stronger signals
Risk management: Avoid trading when all assets show neutral readings
This indicator is particularly useful for traders who want to incorporate inter-market analysis and relative strength concepts into their trading decisions, especially in OTC (Over-The-Counter) and futures markets.
Cicli
DG Market Structure (Inspired By Deadcat)MS Indicator taken from Deadcat and enhanced a little bit
I added CHoCH and BOS to better tell the story of why price is moving a certain way. Also made a lot more of the values Input based for testing.
I tried to add in retracement values on the MTF chart but I don't think the math is right, maybe someone can figure out the math.
Institutional Zones: Opening & Closing Trend HighlightsDescription / Content:
Track key institutional trading periods on Nifty/Bank Nifty charts with dynamic session zones:
Opening Volatility Zone: 9:15 AM – 9:45 AM IST (Green)
Closing Institutional Zone: 1:30 PM – 3:30 PM IST (Orange)
Both zones are bounded by the day’s high and low to help visualize institutional activity and price behavior.
Key Observations:
Breakout in both closing trend and opening trends often occurs on uptrending days.
Breakdown in both closing range and opening range usually happens on downside trending days.
Price opening above the previous closing trend is often a sign of a strong opening.
This script helps traders identify trend strength, breakout/breakdown zones, and institutional participation during critical market hours.
Disclaimer:
This indicator is for educational and informational purposes only. It is not a financial advice or recommendation to buy or sell any instrument. Always confirm with your own analysis before taking any trade.
Pine Script Features:
Dynamic boxes for opening and closing sessions
Boxes adjust to the day’s high and low
Optional labels at session start
Works on intraday charts (1m, 5m, 15m, etc.)
Usage Tip:
Use this indicator in combination with trend analysis and volume data to spot strong breakout/breakdown opportunities in Nifty and Bank Nifty.
MTF Supertrend Heatmap (D / 4H / 1H / 15m / 5m)MTF Supertrend Heatmap (D / 4H / 1H / 15m / 5m)
A clean dashboard that tells you whether the same Supertrend (ATR Length, Multiplier) is BUY or SELL across five timeframes—all on one chart. Higher-TF values are fetched with request.security() and, when Confirm HTF bar close is ON, they do not repaint after that bar closes.
Optional toggles let you plot the current-TF Supertrend line and show bar-anchored flip markers (BUY/SELL) for each timeframe. Includes alerts for ALL-TF alignment and MAJORITY (≥3/5) agreement. Timeframes and Supertrend parameters are fully configurable. Use the heatmap for quick confirmation, reduce noise by keeping markers off unless needed.
Sonic R+EMA PYTAGOYou must determine the supply and demand zone as ema34, ema89, ema200, ema610. Then open the long position or the short position with SL and TP.
VWAP Balance HeatmapVWAP Balance Heatmap visually highlights where price stands relative to the dynamic equilibrium of bullish and bearish VWAP averages. The indicator builds two running VWAP arrays — one for bullish candles, one for bearish — then plots their averages and the midpoint between them. It fills the space between price and this midpoint, coloring it green when price is above balance and red when below. The result is a smooth heatmap that reveals whether the market is trading in premium or discount zones, helping you see shifts in momentum and balance without clutter or lag.
Custom Date MarkersCustom Date Markers - Pine Script Indicator
This indicator provides a powerful visual tool for technical and pattern analysis by allowing traders to mark up to 10 specific historical dates with customizable vertical lines on any chart. Each date can be assigned its own unique color, making it easy to categorize and distinguish between different types of events or market catalysts.
Primary Use Cases:
The indicator excels at identifying cyclical patterns and recurring market behavior. By marking significant dates such as earnings announcements, Federal Reserve meetings, dividend ex-dates, or seasonal events, traders can quickly visualize whether stocks consistently react in similar ways around these recurring dates. This is particularly valuable for discovering hidden patterns that might not be obvious from price action alone.
Practical Applications:
Earnings Analysis: Mark historical earnings dates to see if a stock tends to rally or sell-off before/after announcements
Macro Events: Identify how assets respond to FOMC meetings, CPI releases, or other economic data
Seasonal Patterns: Track dates that show recurring volatility or directional moves (like tax deadline periods, end-of-quarter re balancing, etc.)
Event Studies: Analyze the impact of company-specific events like product launches, FDA approvals, or leadership changes
Advanced Insights:
What makes this tool particularly interesting is its ability to reveal non-obvious correlations. For example, you might discover that a retail stock consistently experiences volume spikes 2-3 weeks before Black Friday across multiple years, or that certain tech stocks show weakness during specific conference dates. The color-coding feature allows you to layer multiple event types simultaneously—perhaps using red for bearish catalysts and green for bullish ones—creating a visual heat map of historical market reactions.
The indicator's 6-month default spacing (covering 4.5 years) is strategically designed to capture multiple business cycles while maintaining clarity on the chart. This timeframe is long enough to identify genuine patterns rather than coincidences, yet focused enough to remain relevant to current market conditions.
Pro Tip: Combine this indicator with volume analysis or other technical indicators to validate whether the patterns you observe are accompanied by meaningful market participation or if they're statistical noise.
Midnight Lines for Tokyo, London, New Yorkممتاز 👌 إليك **تعريفًا محدثًا وكاملًا للمؤشر باللغتين العربية والإنجليزية**، مع إدراج توضيح دقيق لتعامل المؤشر مع **تغيّر التوقيت الصيفي والشتوي (DST)** في لندن ونيويورك:
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## 🇬🇧 **English Description (with DST behavior)**
**Indicator name:** *Midnight Lines for Tokyo, London, and New York*
**Purpose:**
This indicator automatically draws **vertical lines** on the chart at **midnight (00:00)** for the three major global trading sessions:
* **Tokyo**
* **London**
* **New York**
### 🔹 How it works:
1. The script checks each candle’s time using the built-in TradingView time zone function:
* `"Asia/Tokyo"`
* `"Europe/London"`
* `"America/New_York"`
2. When it detects **00:00** in any of these zones, it draws:
* A **vertical dotted line** that extends from the top to the bottom of the chart.
* A **label** at the top with the session name (e.g., “Tokyo Midnight”).
3. Each session has its own color for clarity:
* **Blue** → Tokyo Midnight
* **Green** → London Midnight
* **Red** → New York Midnight
### 🕒 Automatic Daylight Saving Time (DST) Adjustment:
The indicator automatically adapts to **Daylight Saving Time changes** in both **London** and **New York**:
* When London switches between **GMT and GMT+1**, the midnight line shifts automatically to remain accurate.
* When New York switches between **EST and EDT**, the script also updates accordingly.
* Tokyo does **not** observe DST, so its timing stays constant year-round.
### 🎯 Purpose:
Helps traders visually track the start of each new trading day in the major sessions and analyze:
* Session overlaps (e.g., London–New York overlap)
* Session-based trading strategies
* Price movement behavior at each new day open
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## 🇸🇦 **الوصف بالعربية (مع إدراج تغير التوقيت)**
**اسم المؤشر:** خطوط منتصف الليل لجلسات طوكيو، لندن، ونيويورك
**الهدف:**
يقوم هذا المؤشر تلقائيًا برسم **خطوط عمودية** على الرسم البياني عند **منتصف الليل (00:00)** لكل من الجلسات الثلاث الرئيسية:
* **جلسة طوكيو**
* **جلسة لندن**
* **جلسة نيويورك**
### 🔹 كيفية العمل:
1. يستخدم المؤشر دوال TradingView لحساب الوقت الفعلي لكل مدينة:
* `"Asia/Tokyo"` لطوكيو
* `"Europe/London"` للندن
* `"America/New_York"` لنيويورك
2. عند وصول الساعة إلى **00:00** بتوقيت أي مدينة، يرسم المؤشر:
* **خطًا عموديًا متقطعًا** يمتد من أعلى إلى أسفل الرسم البياني.
* **تسمية (Label)** أعلى الخط باسم الجلسة (مثل “Tokyo Midnight”).
3. كل جلسة لها لون مختلف:
* **أزرق** → منتصف طوكيو
* **أخضر** → منتصف لندن
* **أحمر** → منتصف نيويورك
### 🕒 التعامل مع تغيّر التوقيت الصيفي والشتوي (DST):
يتكيّف المؤشر تلقائيًا مع تغيّر التوقيت في لندن ونيويورك:
* عندما تنتقل لندن بين **التوقيت الشتوي (GMT)** و**التوقيت الصيفي (GMT+1)**، يتحرك الخط تلقائيًا ليبقى في الساعة 00:00 المحلية.
* وعندما تنتقل نيويورك بين **EST** و**EDT**، يتم تعديل الخط كذلك تلقائيًا.
* أما طوكيو فلا تعتمد التوقيت الصيفي، لذا يبقى وقتها ثابتًا دائمًا على الساعة **00:00 JST**.
### 🎯 الفائدة:
يساعد المتداولين على تحديد **بداية كل جلسة تداول رئيسية**، ومراقبة:
* **تداخل الجلسات** مثل لندن ونيويورك
* **تحركات السعر عند بداية اليوم الجديد**
* **استراتيجيات التداول الزمنية حسب الجلسة**
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BTC Confluence Score + Confirmed Signals (12m/1h)This script combines 7 different signals across multiple timeframes (12 min + 1 hour + BTC dominance), then only gives you a BUY or SELL when everything aligns.
It’s designed to filter out fake-outs and help you catch momentum reversals that stick.
WHAT IT’S DOING UNDER THE HOOD
Timeframes
12 min (fast) → short-term trigger (RSI, Stoch RSI, volatility)
1 hour (slow) → trend confirmation (EMA structure, RSI, MACD)
BTC Dominance (1 h) → strength/flow confirmation (is capital rotating into BTC or alts?)
This gives you a multi-timeframe confluence, which is what professional traders look for before entering a trade.
2. The 7 “Score” Ingredients
Each bar gets a “score” from –7 (super bearish) to +7 (super bullish) based on:
# Condition Bullish signal (+1) Bearish signal (–1)
1 RSI (12m) RSI > 50 RSI < 50
2 RSI (1h) RSI > 50 RSI < 50
3 MACD Histogram > 0 Histogram < 0
4 BTC Dominance level > 59.8 % < 59.8 %
5 BTC Dominance trend 3 EMA > 8 EMA 3 EMA < 8 EMA
6 1h EMAs trend 50 EMA > 200 EMA and price > 50 EMA 50 EMA < 200 EMA and price < 50 EMA
7 Volatility (ATR) Current ATR > average (momentum increasing) —
The Confluence Score bar at the bottom shows this numerically:
💚 +5 to +7 → Strong bullish conditions
❤️ –5 to –7 → Strong bearish conditions
🩶 Between –2 and +2 → Choppy / neutral
3️⃣ Confirmed Entry Logic (the clear triangles you see now)
You’ll now see only two real actionable markers:
✅ BUY (Green Triangle Up)
Triggered when:
Stoch RSI crosses upward on 12 min
RSI > 50 (momentum confirmation)
MACD histogram > 0 (trend shift)
Confluence score ≥ 4 (default threshold)
This means momentum + trend + structure + volume all agree on an upward move.
→ Ideal for going long or closing shorts.
🚨 SELL (Red Triangle Down)
Triggered when:
Stoch RSI crosses downward
RSI < 50
MACD histogram < 0
Confluence score ≥ 4 bearish
That’s your exit / short confirmation.
4️⃣ Color Bars (Score Strength)
At the bottom of the chart:
💚 Green Bars = full bullish confluence (+5 or more)
💛 Lime/Orange Bars = moderate bullish or early reversal
❤️ Red Bars = strong bearish confluence (–5 or less)
🩶 Gray Bars = chop/no edge
If you prefer visual simplicity, just use:
BUY = Green Triangle appears on green bars
SELL = Red Triangle appears on red bars
That’s your “double confirmation.”
🎯 HOW TO TRADE IT
⏱ Timeframes
Use 12 min for entries (fast scalps or 1–2 hr setups).
Confirm direction with the 1 hour timeframe — only trade in that direction.
💰 Entry Playbook
Signal What to Do
✅ Green Triangle appears Enter long or scale in. Set stop below recent swing low.
🚨 Red Triangle appears Exit long / enter short / scale out.
Bars gray or alternating Stay out — market is undecided.
🧮 Min Score Setting
Default = 4 (balanced).
Raise to 5 for cleaner, fewer signals.
Lower to 3 for more aggressive, frequent trades.
📲 Alerts
You can now create TradingView alerts using:
BUY Confirmed
SELL Confirmed
Set alert type:
“Once per bar close” — so you only get notified after confirmation, not mid-bar noise.
Y ou now have your own BTC AI Confluence System:
Filters all noise from RSI, MACD, EMAs, volatility, and BTC dominance
Waits for perfect alignment across multiple timeframes
Gives you one simple green (BUY) or red (SELL) signal
Lets you scalp 1–2 % moves safely or swing trade confirmations
Relative Valuation OscillatorRelative Valuation Oscillator (RVO) Description
The Valuation_OTC.pine script is a Relative Valuation Oscillator for TradingView that compares the current asset against a reference asset (like Bitcoin, S&P 500, or Gold) to determine if it's relatively overvalued or undervalued.
Key Features:
1. Multiple Calculation Methods:
Simple Ratio - Compares price ratio deviation from average
Percentage Difference - Direct percentage comparison between assets
Ratio Z-Score - Statistical measure (standard deviations from mean)
Rate of Change Comparison - Compares momentum/performance
Normalized Ratio - 0-100 scale centered at zero
2. Customizable Settings:
Reference asset selection (default: BTC/USDT)
Adjustable lookback period (10-500 bars)
Optional smoothing with configurable period
Overbought/oversold level thresholds (default: ±1.5)
3. Trading Signals:
Overvalued - Oscillator above overbought level (red zone)
Undervalued - Oscillator below oversold level (green zone)
Neutral - Between thresholds
Crossover alerts for key levels
Divergence detection (bullish/bearish)
4. Visual Components:
Color-coded oscillator line (green when positive, red when negative)
Optional signal line for additional smoothing
Background shading for valuation zones
Information table showing current metrics and status
Shape markers for crossovers and divergences
5. Alert Conditions:
Overvalued/undervalued alerts
Zero-line crossovers
Divergence signals
This indicator is useful for pairs trading, relative strength analysis, and identifying when an asset is trading at extremes relative to a benchmark asset.
BTC Confluence Alert 1 Overall Purpose
This script is a custom TradingView indicator that scans for confluence (agreement) between:
BTC’s short-term and medium-term momentum (12-minute and 1-hour RSIs),
The MACD histogram (trend direction and momentum strength),
Bitcoin dominance (money flowing back into BTC).
When all three are bullish, it flashes green and triggers a single alert.
Session Anchor Lines (Asia, London, NY)it draws a line at each session open ( in relative to the 4 HR candle )
Buy vs Sell Liquidity + Difference (Bottom Right)Script Summary (Short Notes)
⚙️ Purpose
Tracks and displays Buy Volume vs Sell Volume difference during the day, based on candle direction.
Useful for spotting liquidity imbalance between buyers and sellers.
📊 How It Works
Volume Classification
If close > open → counts volume as Buy Volume
If close < open → counts volume as Sell Volume
Aggregation Timeframe
You can select a timeframe (1, 2, 3, 5, 15, 30 mins)
Script recalculates data from that aggregation level.
Daily Reset
At the start of a new trading day, totals reset to zero.
Cumulative Calculation
Adds all buy/sell volumes as the day progresses.
Calculates:
Total Volume
Difference (BUY − SELL)
Percentages (%)
SPX / Silver (XAGUSD) RatioThis script visualizes the S&P 500 Index to Silver ratio (SPX/Silver) — a powerful tool for monitoring the relative strength of equities vs. precious metals over time.
📊 Use Case:
Helps traders assess macro sentiment shifts between risk-on (equities) and risk-off (commodities).
A rising ratio indicates equity outperformance vs Silver, often in growth-driven bull markets.
A falling ratio suggests Silver is outperforming — potentially due to inflation, geopolitical risk, or weakening equities.
⚙️ Data & Calculation:
SPX: SP:SPX (S&P 500 Index)
Silver: TVC:SILVER
Formula:
SPX / Silver
(Both are spot/index prices, updated on daily timeframe)
📈 Interpretation:
📈 Ratio Rising → SPX outperforming Silver → Risk-on sentiment
📉 Ratio Falling → Silver outperforming SPX → Possible flight to safety or inflation hedge
🧠 Ideal For:
Macro trend analysis
Intermarket strategy development
Asset rotation decision-making
Spotting Silver bottoms during SPX/Silver peak zones
Bitcoin Cycles Halvins/Tops/Bottoms By CrBeThis Script shows you the actual Bitcoin tops and bottoms dates.
London Open High/Low 9:00-9:15indicator marks out high and low of the first 15 minutes of the London session.
golden smart entrySmart Money Concepts (SMC) is a trading methodology that focuses on understanding and following the behavior of institutional investors—often referred to as "smart money." The goal is to identify high-probability trade setups by analyzing how these large players move the market.
First X Days Of A YearFirst X-Day Indicator
Overview
The "First X-Day Indicator" is a powerful tool to visualize and analyze market sentiment during the crucial first trading days of each new year. It provides immediate visual feedback on whether the year is starting with positive or negative momentum compared to the previous year's close, a concept often related to market theories like the "January Effect" or the "First Five Days Rule."
The indicator is designed to be clean, intuitive, and fully customizable to fit your charting style.
Key Features
Yearly Baseline: Automatically draws a horizontal line at the previous year's closing price. This line serves as a clear 0% reference for the current year's performance.
Dynamic Background Coloring: For a user-defined number of days at the start of the year, the chart background is colored daily. Green indicates the close is above the previous year's close, while red indicates it's below.
Final Performance Symbol: At the end of the analysis period (e.g., on the 5th day), a single summary symbol (like 👍 or 👎) appears. This symbol represents the final performance outcome of the initial trading period.
Settings & Customization
You have full control over all visual elements:
Analysis Period: Define exactly how many days at the start of the year you want to analyze (e.g., 3, 5, or 10 days).
Line Customization: Fully control the yearly baseline's appearance. You can change its color, width, and style (Solid, Dashed, or Dotted) or hide it completely.
Symbol Customization: Choose any character or emoji for the positive and negative performance symbols. You can also adjust their size (Small, Normal, Large) or hide them.
Background Control: Enable or disable the daily background coloring and select your preferred custom colors for positive and negative days.
mean reversion Spread Z-Score Your main "actor" is the Blue Line 🔵 (the Z-Score). It tells you if your spread is "expensive" or "cheap" compared to its average.
The other lines are your action zones.
Here is how to read the signals:
Scenario 1: SELL the Spread (The spread is TOO EXPENSIVE)
• ENTRY Signal: The Blue Line 🔵 moves up and crosses the Red Line 🔴 (at +1.8).
• Meaning: MNQ has become far too expensive compared to MES. The rubber band is stretched too far upwards.
• Your Action (Sell):
• ✅ SELL MNQ
• ✅ BUY MES
• EXIT Signal: The Blue Line 🔵 comes back down and crosses the Dotted Red Line (at +0.5).
• Meaning: The rubber band is back to normal. It's time to take your profits.
• Your Action (Close):
• ✅ BUY BACK your MNQ
• ✅ SELL your MES
Scenario 2: BUY the Spread (The spread is TOO CHEAP)
• ENTRY Signal: The Blue Line 🔵 moves down and crosses the Green Line 🟢 (at -1.8).
• Meaning: MNQ has become far too cheap compared to MES. The rubber band is stretched too far downwards.
• Your Action (Buy):
• ✅ BUY MNQ
• ✅ SELL MES
• EXIT Signal: The Blue Line 🔵 moves back up and crosses the Dotted Green Line (at -0.5).
• Meaning: The rubber band is back to normal. It's time to take your profits.
• Your Action (Close):
• ✅ SELL your MNQ
• ✅ BUY BACK your MES
In summary:
• Blue Line 🔵 touches Red Line 🔴 = Sell the spread.
• Blue Line 🔵 touches Green Line 🟢 = Buy the spread.
Previous session High/Low – Asia London USA Overview
This indicator automatically plots the Previous Day’s (PD) session Highs and Lows for the Asia (Tokyo), London, and USA (New York) trading sessions.
Each session is color-coded for clarity:
🟩 Asia (Green)
🟥 London (Red)
🟦 USA (Blue)
At the close of each session, the indicator records that session’s high and low, draws horizontal lines across the chart, and labels them neatly in the center of each range — above the high and below the low for perfect visual balance.
⚙️ How It Works
The script continuously tracks the current high and low within each session.
When a session closes, those values are locked in as the PD High and PD Low.
Clean lines and centered labels are drawn immediately.
The labels automatically offset slightly above or below the line to avoid overlap, with user-controlled spacing.
This helps traders quickly identify where price interacts with the previous session’s structure, a core concept for many session-based and liquidity-based strategies.
🧭 Sessions and Timezones
Each market session runs in its native timezone, so you can align them perfectly to your chart or your preferred trading hours:
Asia Session: Default 08:30 – 11:00 (Australia/Adelaide time)
London Session: Default 08:00 – 10:00 (Europe/London)
USA Session: Default 09:30 – 16:00 (America/New_York)
You can change each session’s hours and timezone from the Inputs panel.
🎨 Customization
In the Inputs menu you can:
Toggle each session on or off
Choose line color and thickness
Enable or disable labels
Adjust vertical offset (ticks) for label spacing
“High label offset” – moves label further above the high line
“Low label offset” – moves label further below the low line
These adjustments make it easy to keep charts clean and readable on any instrument or timeframe.
📈 Practical Use
This indicator is ideal for:
Session traders who mark PD Highs/Lows as liquidity zones
London or NY session scalpers who watch for breakouts, fakeouts, or reversals
ICT / Smart Money Concepts users wanting automatic session reference levels
Anyone wanting a quick visual map of inter-session structure






















