SCPEM - Socionomic Crypto Peak Model (0-85 Scale)SCPEM Indicator Overview
The SCPEM (Socionomic Crypto Peak Evaluation Model) indicator is a TradingView tool designed to approximate cycle peaks in cryptocurrency markets using socionomic theory, which links market behavior to collective social mood. It generates a score from 0-85 (where 85 signals extreme euphoria and high reversal risk) and plots it as a blue line on the chart for visual backtesting and real-time analysis.
#### How It Works
The indicator uses technical proxies to estimate social mood factors, as Pine Script cannot fetch external data like sentiment indices or social media directly. It calculates a weighted composite score on each bar:
- Proxies derive from price, volume, and volatility data.
- The raw sum of factor scores (max ~28) is normalized to 0-85.
- The score updates historically for backtesting, showing mood progression over time.
- Alerts trigger if the score exceeds 60, indicating high peak probability.
Users can adjust inputs (e.g., lengths for RSI or pivots) to fine-tune for different assets or timeframes.
Metrics Used (Technical Proxies)
Crypto-Specific Sentiment
Approximated by RSI (overbought levels indicate greed).
Social Media Euphoria
Based on volume relative to its SMA (spikes suggest herding/FOMO).
Broader Social Mood Proxies
Derived from ATR volatility (high values signal uncertain/mixed mood).
Search and Cultural Interest Proxied by OBV trend (rising accumulation implies growing interest).
Socionomic Wildcard
Uses Bollinger Band width (expansion for positive mood, contraction for negative).
Elliott Wave Position
Counts recent price pivots (more swings indicate later wave stages and exhaustion).
Cicli
Price PivotsThis indicator tracks price pivots and displays the high / low value.
You can select the number of candles to look back.
You can select how many candles range before the next pivot is printed.
Text size and colours are user defined.
ICT & Zeussy Macro - Vertical Lines at Specific Times 1.0# ICT & Zeussy Macro - Vertical Lines at Specific Times 1.0
## Description
The **ICT & Zeussy Macro - Vertical Lines at Specific Times 1.0** is a Pine Script indicator designed for TradingView to plot vertical lines at user-defined times within each hour, making it a valuable tool for traders following ICT (Inner Circle Trader) and Zeussy macro strategies. The indicator allows users to mark specific times during the trading day with customizable vertical lines, helping to highlight key market moments such as macro times for analysis or trade planning.
## Key Features
- **Customizable Time Selection**: Choose specific hours (00:00 to 23:00) to display vertical lines using checkboxes in the settings.
- **Flexible Minute Inputs**: Define exact minutes for green and orange lines using comma-separated values (e.g., "45,15" for green lines at :45 and :15, or "50,0,10" for orange lines at :50, :00, :10).
- **Color and Style Customization**: Select colors for green and orange lines, as well as the line style (Solid, Dashed, or Dotted) to suit your chart preferences.
- **Historical and Future Plotting**: Configure the number of past and future days to display lines, allowing for analysis of historical patterns or planning for upcoming sessions.
- **Line Limit Management**: The indicator supports up to 500 lines to comply with TradingView's limits, with a warning label displayed if the maximum is reached.
## How It Works
The indicator plots vertical lines at specified minutes within selected hours for each chosen day:
- **Green Lines**: Drawn at user-defined minutes (default: :45 and :15 past the hour).
- **Orange Lines**: Drawn at user-defined minutes (default: :50, :00, and :10 past the hour).
- Users can enable or disable specific hours via checkboxes, and the lines are plotted for the specified number of past and future days.
- The indicator uses the chart's timezone to ensure accurate placement of lines relative to the market's session times.
## Usage
1. **Add to Chart**: Apply the indicator to your TradingView chart.
2. **Configure Settings**:
- In the "Hour Selection" group, check the boxes for the hours you want to display lines (e.g., 08:00 to 23:00 are enabled by default).
- In the "Green Minutes" and "Orange Minutes" fields, enter comma-separated minute values (e.g., "45,15" for green, "50,0,10" for orange).
- Adjust the "Days in Past" and "Days in Future" to control how many days the lines will cover.
- Customize the "Green Color", "Orange Color", and "Line Style" to match your chart aesthetics.
3. **Monitor Limits**: If you see a "Line limit reached (500 max)" warning, reduce the number of selected hours or days to stay within TradingView's line limit.
## Ideal For
- Traders using ICT or Zeussy macro strategies to identify key times for market analysis.
- Users who need to mark recurring time-based events on their charts.
- Technical analysts looking to visualize specific time intervals across multiple days.
## Notes
- Ensure that the number of selected hours and days does not exceed TradingView's 500-line limit to avoid missing lines.
- The indicator respects the chart's timezone, so verify that your chart's timezone aligns with your trading session.
- For optimal performance, limit the number of past and future days when using multiple hours to avoid hitting the line limit.
This indicator is perfect for traders who rely on precise timing for their strategies, offering a clean and customizable way to visualize critical market moments.
z-score-calkusi-v1.143z-scores incorporate the moment of N look-back bars to allow future price projection.
z-score = (X - mean)/std.deviation ; X = close
z-scores update with each new close print and with each new bar. Each new bar augments the mean and std.deviation for the N bars considered. The old Nth bar falls away from consideration with each new historical bar.
The indicator allows two other options for X: RSI or Moving Average.
NOTE: While trading use the "price" option only.
The other two options are provided for visualisation of RSI and Moving Average as z-score curves.
Use z-scores to identify tops and bottoms in the future as well as intermediate intersections through which a z-score will pass through with each new close and each new bar.
Draw lines from peaks and troughs in the past through intermediate peaks and troughs to identify projected intersections in the future. The most likely intersections are those that are formed from a line that comes from a peak in the past and another line that comes from a trough in the past. Try getting at least two lines from historical peaks and two lines from historical troughs to pass through a future intersection.
Compute the target intersection price in the future by clicking on the z-score indicator header to see a drag-able horizontal line to drag over the intersection. The target price is the last value displayed in the indicator's status bar after the closing price.
When the indicator header is clicked, a white horizontal drag-able line will appear to allow dragging the line over an intersection that has been drawn on the indicator for a future z-score projection and the associated future closing price.
With each new bar that appears, it is necessary to repeat the procedure of clicking the z-score indicator header to be able to drag the drag-able horizontal line to see the new target price for the selected intersection. The projected price will be different from the current close price providing a price arbitrage in time.
New intermediate peaks and troughs that appear require new lines be drawn from the past through the new intermediate peak to find a new intersection in the future and a new projected price. Since z-score curves are sort of cyclical in nature, it is possible to see where one has to locate a future intersection by drawing lines from past peaks and troughs.
Do not get fixated on any one projected price as the market decides which projected price will be realised. All prospective targets should be manually updated with each new bar.
When the z-score plot moves outside a channel comprised of lines that are drawn from the past, be ready to adjust to new market conditions.
z-score plots that move above the zero line indicate price action that is either rising or ranging. Similarly, z-score plots that move below the zero line indicate price action that is either falling or ranging. Be ready to adjust to new market conditions when z-scores move back and forth across the zero line.
A bar with highest absolute z-score for a cycle screams "reversal approaching" and is followed by a bar with a lower absolute z-score where close price tops and bottoms are realised. This can occur either on the next bar or a few bars later.
The indicator also displays the required N for a Normal(0,1) distribution that can be set for finer granularity for the z-score curve.This works with the Confidence Interval (CI) z-score setting. The default z-score is 1.96 for 95% CI.
Common Confidence Interval z-scores to find N for Normal(0,1) with a Margin of Error (MOE) of 1:
70% 1.036
75% 1.150
80% 1.282
85% 1.440
90% 1.645
95% 1.960
98% 2.326
99% 2.576
99.5% 2.807
99.9% 3.291
99.99% 3.891
99.999% 4.417
9-Jun-2025
Added a feature to display price projection labels at z-score levels 3, 2, 1, 0, -1, -2, 3.
This provides a range for prices available at the current time to help decide whether it is worth entering a trade. If the range of prices from say z=|2| to z=|1| is too narrow, then a trade at the current time may not be worth the risk.
Added plot for z-score moving average.
28-Jun-2025
Added Settings option for # of Std.Deviation level Price Labels to display. The default is 3. Min is 2. Max is 6.
This feature allows likelihood assessment for Fibonacci price projections from higher time frames at lower time frames. A Fibonacci price projection that falls outside |3.x| Std.Deviations is not likely.
Added Settings option for Chart Bar Count and Target Label Offset to allow placement of price labels for the standard z-score levels to the right of the window so that these are still visible in the window.
Target Label Offset allows adjustment of placement of Target Price Label in cases when the Target Price Label is either obscured by the price labels for the standard z-score levels or is too far right to be visible in the window.
9-Jul-2025
z-score 1.142 updates:
Displays in the status line before the close price the range for the selected Std. Deviation levels specified in Settings and |z-zMa|.
When |z-zMa| > |avg(z-zMa)| and zMa rising, |z-zMa| and zMa displays in aqua.
When |z-zMa| > |avg(z-zMa)| and zMa falling, |z-zMa| and zMa displays in red.
When |z-zMa| <= |avg(z-zMa)|, z and zMa display in gray.
z usually crosses over zMa when zMa is gray but not always. So if cross-over occurs when zMa is not gray, it implies a strong move in progress.
Practice makes perfect.
Use this indicator at your own risk
ICT Killzones + Macros & PDH/PDL - Milana Trades Take your intraday trading to the next level with this all-in-one session and liquidity mapping tool, designed to help you see where the real action happens. Whether you're trading FX, indices, or crypto, this indicator gives you true market structure context.
🔍 Features Overview
✅ Session Boxes
Visually map out the most important market sessions:
1)Asian Session
2)London Session
3)New York Open
4)New York AM
5)New York PM
Each session is shown with clean, color-coded boxes for easy reference. These zones help you identify when key volatility and volume shifts occur, allowing you to better time your entries and exits.
✅ Liquidity Levels
See where liquidity is likely to be resting with automatic levels based on key market highs and lows:
PDH/ PDL – Previous Day's High / Low
PMH / PML – Previous Week’s High / Low
PVH / PVL – Previous Session's High / Low
These levels are magnets for price during liquidity grabs, making them perfect targets for reversal or continuation trades.
✅ Macro Zones (High-Volatility Windows)
Want to focus on the most explosive timeframes within a session? Turn on Macro Zones.
A Macro Zone is a custom time window within a session where price is statistically more likely to show volatility spikes, fakeouts, or key breakouts. This is ideal for scalpers, ICT-based strategies, and smart money traders.
Each Macro Zone is displayed as a separate box within the session, giving you even more granularity.
This part incorporates macro functions originally developed by LuxAlgo. Big respect to their work, which served as a helpful reference.
Please note that the macro logic was slightly modified: it now starts 5 minutes earlier and ends 5 minutes later than the original.
Based on my experience, these adjusted timeframes provide better accuracy and signal reliability, as they capture important market movements that the original window might miss.
Z-Score Multi-Model ClusteringA price/volume clustering framework combining three market behavior models into a single indicator. Designed to help identify emerging trend strength, turning points, and volatility-driven entries or exits.
🔍 How It Works
This indicator classifies market states by comparing normalized price/volume behavior (via Z-Score) to different types of statistical or geometric "cluster centers." You can choose from three clustering approaches:
🧠 Clustering Models
1. Percentile (Z+CVD) – Trend Momentum Bias
Uses volume Z-Score + Cumulative Volume Delta (CVD).
Detects institutional pressure by clustering volume surges with directional delta.
Best for: Breakouts, momentum trades, volume-led reversals.
Cluster Colors:
🔹 Green triangle = Strong bullish confluence
🔻 Red triangle = Bearish divergence (bull trap risk)
⚪ Gray = Neutral/low conviction
2. Euclidean (Z+Slope) – Swing Mean-Reversion
Measures the angle of recent Z-score slope and compares it to directional cluster centers.
Helps detect early directional shifts or exhaustion.
Best for: Swing entries, pullback setups, exit timing
3. Hilbert Phase – Turn Detection via Signal Phase
Applies Hilbert Transform to the Z-Score, measuring the phase difference between trend and oscillator components.
Ideal for anticipating turns or detecting cyclical inflection points.
Useful for: Scalping, top/bottom spotting, volatility fades
✅ Features
Auto-updating cluster logic based on current data
Tooltips and clean user interface
Optional cluster bar coloring (can be toggled off)
Signal-only plotting keeps candlesticks readable
Clear entry/exit logic with triangle markers
Supports trend, swing, and oscillation-based systems
🛠️ Suggested Use Cases
Combine with VWAP, Session High/Low, or Liquidity Zones to confirm entry conditions.
Use Cluster 2 (strong bullish) on pullbacks to trend structure for add-on entries.
Use Cluster 1 in strong trends to watch for potential traps or exits.
Toggle models based on your strategy: e.g., Hilbert for scalping, Percentile for macro trend breaks.
🧪 Best Timeframes
Works across all markets and timeframes
For Percentile (Z+CVD), use intraday TF with 1m–5m CVD source
Hilbert and Euclidean preferred on 5m–1h for accurate slope/phase signals
⚠️ Notes
Clusters do not generate trade signals alone; use them in context with structure, VWAP, or trend filters.
Marker signals are filtered with a magnitude threshold to reduce noise.
OICOT Globex TrapOICOT Globex Trap — Developed for DivitradeFX
This indicator was developed by OICOT, specifically for DivitradeFX traders. It automatically detects the highs and lows of the Globex session (New York time), helping identify key breakout or trap zones based on overnight price action.
It draws clean, dynamic levels that update in real time — an ideal tool for futures traders looking to anticipate support and resistance zones before the regular market opens.
BitDoctor Risk Appetite DashboardBitDoctor Risk Appetite Dashboard
The BitDoctor Risk Appetite Dashboard is a powerful tool for gauging market sentiment and risk appetite across major asset classes. It combines equity, credit, emerging markets, interest rates, and crypto signals into a single dashboard, giving traders a clear view of current market dynamics.
What it does:
- Calculates momentum for each key asset using a 14-day rate of change.
- Normalizes each signal and plots a composite Risk Appetite Strength Index (RASI) on the chart.
- Displays a dashboard table showing the momentum of each component in percentage terms alongside the composite RASI.
How to use it:
The plotted RASI line shows overall risk appetite:
- Positive readings suggest a stronger risk-on environment.
- Negative readings indicate risk-off sentiment.
The dashboard table (top-right corner by default) displays two columns:
- Asset : The tracked asset symbol.
- Momentum : The current 14-day rate of change as a percentage.
Interpreting the table:
Each row represents a component of market risk sentiment:
- SPY : US equities.
- HYG : High yield bonds (credit risk appetite).
- EEM : Emerging markets.
- 1/UST10Y : Inverted 10-year Treasury yield (lower yields support risk appetite).
- ETH : Ethereum (crypto risk proxy).
- RASI : The average of the above signals, indicating overall market risk appetite.
Higher positive values in the table suggest rising momentum in that asset, which contributes positively to the composite RASI. Conversely, negative values signal declining momentum. You can use these individual readings to see which sectors are driving the current risk sentiment and to time entries and exits accordingly.
Customization:
The indicator allows you to adjust the table's background color, text color, text size, cell padding, and position so it remains readable and unobtrusive regardless of your chart theme.
Use the BitDoctor Risk Appetite Dashboard as part of a broader analysis to align your trades with prevailing risk conditions. It is not a standalone trading signal but a context tool to support better decision-making.
Why these assets were chosen:
The dashboard uses a carefully selected mix of widely-followed proxies for global risk sentiment:
- SPY : Represents large-cap US equity market performance, a key barometer of investor confidence.
- HYG : Tracks high-yield corporate bonds, reflecting credit risk appetite in fixed income markets.
- EEM : Captures emerging market equities, which are highly sensitive to global risk-on/off dynamics.
- 1/UST10Y : The inverse of the US 10-year Treasury yield, as falling yields often accompany risk-on moves and vice versa.
- ETH : Ethereum as a representative crypto asset, offering insight into speculative risk appetite in digital assets.
This mix provides a comprehensive view of sentiment across traditional and alternative markets, making the dashboard a robust tool for gauging overall risk appetite.
ICT Time CaptureICT 8am High/Low + 9am Capture (NY Time) — Fixed 1H
This indicator marks the High and Low of the 8am candle on the 1-hour timeframe fixed to New York time (America/New_York timezone). It also draws a line for the 9am candle open and indicates if the 9am candle “captured” (broke above or below) the 8am High or Low.
Key Features:
Always uses 1-hour data fixed on New York timezone, regardless of the chart’s current timeframe.
Draws horizontal lines for the 8am High and Low, with configurable colors, styles (solid/dashed), thickness, and extension length.
Draws a horizontal line for the 9am open price with customizable style.
Shows labels with price values explaining the lines.
Shows a capture label when the 9am candle breaks above the 8am high or below the 8am low.
Allows full customization of label text colors, line colors, line styles, thickness, and label distances from line start.
How to use:
Use this indicator to monitor key ICT timeframes (8am and 9am NY time) for intraday price action clues.
The capture labels help identify when price breaks key levels from the 8am candle during the 9am candle.
The configurable style options let you customize the indicator to your chart style.
TrendZoneTrendZone - Fibonacci Trendline Indicator
TrendZone is a custom Pine Script indicator that automatically draws fibonacci-based trendlines between key pivot points on your chart.
Key Features:
3 Pivot Points: Set start point, major pivot (reversal), and end point
Dual Trendlines: First trendline (Point 1 → 2) and second trendline (Point 2 → 3)
Fibonacci Levels: Automatically draws 25%, 50%, and 100% fibonacci levels for each trendline
Auto Trend Detection: Automatically identifies bullish/bearish trends and adjusts colors accordingly
Customizable: Full control over colors, line styles, and widths for each fibonacci level
How it Works:
The indicator uses your selected pivot points to create two connected trendline systems. Point 2 serves as the major pivot where the first trend ends and the reversal begins. Each trendline system includes fibonacci retracement levels that extend to the right, helping identify potential support/resistance zones.
Use Cases:
Identifying trend reversals at key pivot points
Finding potential support/resistance levels using fibonacci projections
Visualizing market structure changes between different time periods
Planning entries/exits based on fibonacci trendline interactions
Perfect for traders who use fibonacci analysis combined with trend structure to identify high-probability trading zones.
PMJ SnR Active EMATrend Following Indicator with active color changing Support and Resistance Levels, guided by fast and smooth EMA's.
Candle close above FAST 9 EMA--buy signal, SL somewhere bellow the 9 Smoothed EMA
Vice Versa for SELL scenarios.
Add at every Candle close Above until Sell scenario is triggered.
www.tradingview.com
Global Liquidity vs BitcoinGlobal liquidity vs Bitcoin/dollar, per Grok. This combines M2 with US credit data - reverse repos, Fed assets, etc. My aim was to approximate Raoul Pal's Global Liquidty indicator from inside his GMI membership. That membership is probably beyond my skillset, but an indicator like this is useful as it close-to-mirrors Bitcoin price.
ICT Multi-Session Candle Counter EST (Milestones Only)number sequence, milestones count candles from a anchor sessions ny open, London , Asia
Full Chart Quadrant Grid - Cleanadvance pricing structure does quadrant levels of 100 ranges its customized
90-Minute Cycle LinesThis indicator plots a series of 90-minute cycle markers aligned to specific EST timestamps throughout the trading day. At each defined time (e.g., 2:30 AM, 4:00 AM, etc.), it draws a dashed vertical line with a corresponding label (e.g., "LD1", "NY1") positioned at the same fixed price level, forming a scroll-proof horizontal timeline across the chart. The lines are exactly helping traders visually track recurring intra-day cycles for timing entries, identifying liquidity sweeps, or framing session-based strategies.
Time-Cycle Strategy•Native cryptocurrency and tokens share common periodic patterns.
•Stablecoins have distinct intraday and intraweek dynamics.
•The returns on stablecoins are uncorrelated with other cryptocurrencies.
•Tokens contribute more to the risk on cryptocurrency market than other coins.
•The betas in functional CAPM of cryptocurrency are periodic functions.
SessionsLondon, US , ASIA open sessions
Use this indicator to highlight Above time zones to analyse trading opportunity during those sessions
YM Round Numbers & Quarters (Toggle Edition)Traders often use whole numbers as psychological levels of support and resistance.
For example, 500 might be a support level, while 1000 could be a target or ceiling price where you take profit.
Closed CRT Rejection in LON/NY Kill-ZonesThis is a Timed CRT Indicator for lazy markups without lifting a finger.
AI Smart Liquidity Signal Gold 🚀AI Smart Liquidity Signal Gold
Description:
This indicator is a technical analysis tool designed to identify potential trading opportunities by detecting breakouts of pivot-based trendlines and confirming these events with a comprehensive, multi-layered filtering system. This document provides a detailed, transparent explanation of the underlying logic and calculations.
1. Core Concept: Pivot-Based Liquidity Trendlines
The primary signal of this indicator is generated from what we term "Liquidity Trendlines." This is a custom method for identifying potential momentum shifts.
How It Works:
The script first identifies significant swing points in the price using the ta.pivothigh() and ta.pivotlow() functions. The lookback period for these pivots is user-configurable.
It then connects consecutive pivot points (e.g., two pivot highs or two pivot lows) to draw a trendline. This line represents a dynamic boundary of recent price action.
A "Liquidity Breakout" signal is generated when the price closes decisively across this trendline. For example, a liquidity _ pulp (buy signal) occurs when the price closes above a downward-sloping trendline connecting two pivot highs. This breakout is the foundational event for a potential trade setup.
2. The Signal Confirmation Process: A Multi-Layered Filtering System
A raw Liquidity Breakout signal is only the starting point. To enhance reliability and reduce false positives, the signal must pass through a series of user-enabled filters. A final Buy or Sell signal is only plotted on the chart if all active filter conditions are met simultaneously.
Here is a breakdown of each filter's specific logic:
General Trend Filter: This filter uses a sequence of moving averages (50, 100, and 200-period EMAs) to define the long-term market trend.
Buy Condition: close > 50 EMA, 50 EMA > 100 EMA, and 100 EMA > 200 EMA. The slope of the 50 EMA must also be positive.
Sell Condition: The inverse of the buy condition.
Smart Trend Filter: This provides a shorter-term view of the trend by combining signals from EMA slope, DMI (ADX), and market structure. A score is calculated, and the trend is considered "UP" or "DOWN" if at least two of the three conditions are met.
RSI Filter: The Relative Strength Index (RSI) is used to filter signals based on momentum.
Buy Condition: The RSI must be rising (rsi > rsi ) and below the user-defined oversold level (e.g., 30).
Sell Condition: The RSI must be falling (rsi < rsi ) and above the user-defined overbought level (e.g., 70).
MACD Filter: The Moving Average Convergence Divergence confirms momentum.
Buy Condition: The MACD line must be above the Signal line.
Sell Condition: The MACD line must be below the Signal line.
ATR (Volatility) Filter: This filter ensures that trades are only taken when market volatility is sufficient. It calculates the ATR as a percentage of the closing price and checks if it is above a user-defined threshold (e.g., 0.03%).
Support & Resistance (S&R) Filter: The indicator identifies the highest high and lowest low over a lookback period to create dynamic S&R zones.
Logic: It blocks buy signals that form too close to a resistance zone and sell signals that form too close to a support zone, preventing trades into immediate barriers.
Higher Timeframe (HTF) Filter: This powerful feature provides confluence by checking the General Trend condition on higher timeframes (e.g., 30m, 1H, 4H). A buy signal on the current chart will only be valid if the trend on the selected higher timeframes is also "UP".
3. Integrated Risk Management: TP/SL Calculations
The indicator automatically calculates Take Profit (TP) and Stop Loss (SL) levels for every valid signal based on the Average True Range (ATR), adapting to current market volatility.
Calculation Method:
Stop Loss (SL): Entry Price ± (ATR * SL_Multiplier)
Take Profit (TP): Entry Price ± (ATR * TP_Multiplier)
The multipliers for SL and the three TP levels (TP1, TP2, TP3) are fully customizable by the user.
4. Additional Features
Multi-Timeframe (MTF) Scanner: A dashboard that monitors and displays the final Buy/Sell signal status across multiple timeframes simultaneously.
Session Filter: Allows traders to restrict signals to specific market sessions (Asian, London, New York).
Customizable Alerts: Alerts can be configured for any final Buy/Sell signal, allowing users to stay informed without constant chart monitoring.
By combining pivot-based breakout detection with this rigorous, step-by-step confirmation process, the "AI Smart Liquidity Signal" aims to provide a structured and logical approach to identifying trading opportunities.
YM Round Numbers & Quarters (Toggle Edition)This depicts whole numbers that helps me psychological levels
AI-Powered Market and Fast Trend AnalysisAI-Powered Market and Fast Trend Analysis Presentation V7
Hello,
This presentation explains the core features and functionality of your "AI-Powered Market and Fast Trend Analysis" Pine Script indicator used on the TradingView platform.
1. General Overview
This indicator combines various technical analysis indicators and an AI-based decision-making mechanism to analyze market trends, volatility, volume movements, and potential reversal points. Its purpose is to provide users with a comprehensive and quick overview to make more informed buy/sell decisions.
2. General Settings and Periods
The indicator offers several input parameters to customize the analysis:
General Settings: Allows you to adjust the calculation periods for core indicators such as Period (General), TTM Period, Stoch %K/%D Period, Keltner Channel Multiplier, Volume Oscillator Fast/Slow Period.
3. AI Decision Weights
The AI decision mechanism, which is the heart of the indicator, generates a final AI score by assigning weights to different category scores:
Trend Indicators Weight: The impact of trend indicators such as Supertrend, TTM Squeeze, QQE, Vortex, RSI, Stochastic, Moving Averages (SMA, EMA, WMA, VWMA), MACD, Ichimoku Kijun, TEMA, HMA on the final score.
Momentum Indicators Weight: The impact of momentum indicators on the final score.
Volatility Indicators Weight: The impact of volatility indicators such as Bollinger Band Width, ATR, Keltner Channel Width, Donchian Channel Width, NATR.
Volume Indicators Weight: The impact of volume indicators such as OBV, AD, CMF, MFI, Volume Oscillator, VPT, VWAP.
Candlestick Pattern Weight (New): The impact of candlestick patterns like Doji, Bullish/Bearish Engulfing, Hammer, Shooting Star on the AI decision.
Reversal Momentum Weight (New): The impact of sudden price movements and reversal signals on the AI decision.
Market Context Weight: Determines how the general market sentiment from BIST indices (XU100, XU030, XBANK), in addition to the traded symbol's data, influences the AI decision. This weight controls how much the symbol's own data versus index data affects the AI decision.
4. AI Decision Thresholds
The AI score is converted into buy/sell signals based on specific threshold values, and the strength of the score is qualified:
AI Buy/Sell Thresholds: Separate buy and sell thresholds are defined for different asset classes like BIST stocks and Gold/MGC1.
Score Qualification Thresholds (New): The strength of the AI score is determined by levels such as Very Strong Buy/Sell, Strong Buy/Sell, Moderate Buy/Sell, Weak Buy/Sell.
Category-Based Signal Thresholds: Separate buy/sell thresholds exist for each category like trend, volatility, and volume.
5. Market Context Integration
The indicator analyzes not only the data of the traded symbol but also the data from BIST indices (XU100, XU030, XBANK) to incorporate general market sentiment into the AI decision. This provides a more holistic and reliable analysis.
6. Target Point Calculations
The indicator calculates potential buy and sell targets using ATR (Average True Range) multipliers. These targets are shown separately for different timeframes (30 Min, 1 Hour, 4 Hour, 1 Day, 1 Week) and are also marked on the chart. Additionally, Nearest Buy/Sell and Farthest Buy/Sell targets are determined from all timeframes.
7. Candlestick Patterns and Coloring
Pattern Detection: Automatically detects and marks important candlestick patterns such as Doji, Bullish Engulfing, Bearish Engulfing, Hammer, and Shooting Star on the chart.
Candlestick Coloring: Candlesticks are dynamically colored based on detected patterns and volume inflow. For example, in a Bullish Engulfing pattern, the candlestick turns solid green, while candlesticks with volume inflow are shown in white.
Fake Rally Indicator (New): Generates a "Fake Rally" signal when the overall AI score is still in a bearish zone, but there are bullish candlesticks and weak reversal signals.
8. Overbought/Oversold and Indecision Zones
On the chart, Overbought, Oversold, and Indecision zones are visually marked based on price movements within a specific period. These zones help you understand whether the price is near potential reversal points.
9. Panel Information (Top Right Corner)
The information panel located in the top right corner of the chart summarizes all important analysis results:
AI Decision: The general AI signal (Very Strong Buy/Sell, Strong Buy/Sell, etc.) and its color.
Score: The final AI score and its color (green, yellow, red).
Direction: The general market direction determined by AI (UP, DOWN, SIDEWAYS).
Category Signal: The combined signal of trend, volatility, and volume categories.
Confirmation Signal (New): The overall confidence level generated by combining the final AI score and the category signal (DEFINITE BUY/SELL, VERY STRONG, STRONG, MODERATE, WEAK, UNCERTAIN).
Timeframe-Based Status: Trend, Volatility, and Volume statuses for 30 Min, 1 Hour, 4 Hour, 1 Day, and 1 Week timeframes (Uptrend/Downtrend/Neutral, Inflow/Outflow/Neutral).
Candlestick Pattern: The detected candlestick pattern in the active timeframe.
Market Index Score: The average AI score of BIST indices.
Buyer/Seller Power (New): The percentage distribution of buyer and seller power in the current candlestick.
Target Buy/Sell: Potential buy and sell targets calculated for each timeframe.
Nearest/Farthest Buy/Sell (New): The nearest and farthest buy/sell points determined from targets across all timeframes.
10. How It Helps
This indicator helps you make sense of complex market data and assists you with:
Quick Decision Making: Allows you to quickly see the overall market situation and potential buy/sell signals at a glance.
Trend Identification: Helps you understand trends across different timeframes and their strength.
Risk Management: Supports your risk management strategies with target points and volatility analyses.
Market Sentiment: Enables you to make more accurate decisions by considering the general market context through index integration.
Important Note: When using the indicator for buy/sell decisions, please consider removing the "Overall AI Score" line and the "Buy/Sell Threshold" lines from the chart for a cleaner full-screen view.
I hope this presentation helps you better understand your code and proves useful in your TradingView operations.
Sincerely,
Structure Pro+ (BOS, CHoCH, FVG, OB)Structure Pro+ (BOS, CHoCH, FVG, OB)
Structure Pro+ is a comprehensive Pine Script indicator designed for traders who utilize Smart Money Concepts (SMC) in their analysis. This powerful tool automatically identifies and visualizes key market structure elements, helping you gain deeper insights into price action and potential institutional movements.
Key Features:
Break of Structure (BOS): Clearly identifies trend continuation by marking points where price breaks a previous swing high in an uptrend or a swing low in a downtrend.
Change of Character (CHoCH): Pinpoints potential trend reversals when price breaks a swing point against the prevailing trend, signaling a shift in market sentiment.
Fair Value Gap (FVG) / Imbalance: Automatically highlights areas where price has moved quickly, leaving behind "imbalances" that often act as magnet zones for future price action.
Mitigation Logic: FVGs are dynamically tracked and can be set to disappear from the chart once mitigated (when price returns to fill the gap).
Order Block (OB): Detects and marks potential institutional order blocks, which are crucial supply and demand zones that frequently act as strong support or resistance levels.
Customizable Settings: Tailor the indicator to your specific trading style with extensive input options, including:
Pivot sensitivity (leftBars, rightBars)
Color and line style for BOS/CHoCH
FVG display options, including color and mitigation behavior
Order Block display options and colors
Label sizing for clarity
Integrated Alerts: Stay informed with built-in alert functionalities for:
BOS occurrences (Bullish/Bearish)
CHoCH occurrences (Bullish/Bearish)
Confluent events: BOS + FVG and CHoCH + FVG, providing high-probability trade setups when structure breaks align with imbalances. The confluenceLookback setting allows you to define the maximum distance between these events for an alert.
Why Use Structure Pro+?
This indicator simplifies the complex process of identifying SMC concepts on your charts. By automatically drawing BOS, CHoCH, FVG, and OB, Structure Pro+ helps you:
Validate your directional bias with clear visual cues.
Identify potential entry and exit points around significant structural levels.
Enhance your market understanding based on institutional footprints.
Receive timely notifications for high-probability setups, so you never miss a critical market event.
Structure Pro+ is an invaluable tool for any trader looking to refine their analysis with Smart Money Concepts.
