Monday Swing Box - Enhanced# Monday Swing Box Enhanced Indicator - Trading Applications
This "Monday Swing Box" indicator can be very useful in trading for several strategic reasons:
## 1. **"Monday Effect" Analysis**
* **Concept**: Mondays often have particular characteristics in the markets (opening gaps, weekend catch-up, different volumes)
* **Utility**: Allows visualization and quantification of these Monday-specific movements
* **Application**: Helps identify recurring patterns in your strategy
## 2. **Relative Volatility Measurement with ATR**
* **The ATR percentage tells you**:
* **< 50%**: Low volatility Monday (possible consolidation)
* **50-100%**: Normal volatility
* **> 100%**: Very volatile Monday (important event, potential breakout)
* **Advantage**: Contextualizes the movement relative to historical volatility
## 3. **Practical Trading Applications**
### **For Day Trading**:
* **Entry**: A Monday with >150% ATR may signal a strong movement to follow
* **Stop Loss**: Adjust stop sizes according to Monday's volatility
* **Targets**: Calibrate targets according to the movement's magnitude
### **For Swing Trading**:
* **Support/Resistance**: Monday's high/low often become key levels
* **Breakout**: Breaking above/below Monday's box may signal continuation
* **Retracement**: Return to Monday's box = support/resistance zone
### **For Risk Management**:
* **Sizing**: Adapt position sizes according to measured volatility
* **Timing**: Avoid trading abnormally volatile Mondays if you prefer stability
## 4. **Specific Possible Strategies**
### **"Monday Breakout"**:
* Wait for a break above/below Monday's box
* Enter in the direction of the breakout
* Stop at the other end of the box
### **"Monday Reversal"**:
* If Monday shows >200% ATR, look for a reversal
* The box becomes a resistance/support zone
### **"Monday Range"**:
* Trade bounces off the box limits
* Particularly effective if ATR % is normal (50-100%)
## 5. **Visualization Advantages**
* **Historical**: See past patterns across multiple Mondays
* **Comparison**: Compare current volatility to previous Mondays
* **Anticipation**: Prepare your strategy according to the type of Monday observed
## 6. **Limitations to Consider**
* Monday patterns can vary according to markets and periods
* Don't trade solely on this indicator, but use it as a complement
* Consider macroeconomic context and news
This indicator is therefore particularly useful for traders who want to exploit Monday's specificities and have an objective measure of this day's relative volatility compared to normal market conditions.
Educational
RSI First Condition SignalsBuy signal with the exit of RSI from the bottom to the top of the number 30.
Sell signal with RSI exit from above 70 to below. The longer the RSI stays above the overbought zone, i.e above 70, and then breaks below 70,
the stronger the sell signal.
The longer the RSI stays below thw oversold zone, i.e. below 70, and then exits above 30,the stronger the buy signal.
And if the RSI exits below the 70 line with a steeper slope, the sell signal is valid.
And if the RSI exits with a steeper slope above 30, the buy signal is valid .
BE-Indicator Aggregator toolkit█ Overview:
BE-Indicator Aggregator toolkit is a toolkit which is built for those we rely on taking multi-confirmation from different indicators available with the traders. This Toolkit aid's traders in understanding their custom logic for their trade setups and provides the summarized results on how it performed over the past.
█ How It Works:
Load the external indicator plots in the indicator input setting
Provide your custom logic for the trade setup
Set your expected SL & TP values
█ Legends, Definitions & Logic Building Rules:
Building the logic for your trade setup plays a pivotal role in the toolkit, it shall be broken into parts and toolkit aims to understand each of the logical parts of your setup and interpret the outcome as trade accuracy.
Toolkit broadly aims to understand 4 types of inputs in "Condition Builder"
Comments : Line which starts with single quotation ( ' ) shall be ignored by toolkit while understanding the logic.
Note: Blank line space or less than 3 characters are treated equally to comments.
Long Condition: Line which starts with " L- " shall be considered for identifying Long setups.
Short Condition: Line which starts with " S- " shall be considered for identifying Short setups.
Variables: Line which starts with " VAR- " shall be considered as variables. Variables can be one such criteria for Long or short condition.
Building Rules: Define all variables first then specify the condition. The usual declare and assign concept of programming. :p)
Criteria Rules: Criteria are individual logic for your one parent condition. multiple criteria can be present in one condition. Each parameter should be delimited with ' | ' key and each criteria should be delimited with ' , ' (Comma with a space - IMPORTANT!!!)
█ Sample Codes for Conditional Builder:
For Trading Long when Open = Low
For Trading Short when Open = High with a Red candle
'Long Setup <---- Comment
L-O|E|L
' E <- in the above line refers to Equals ' = '
'Short Setup
S-AND:O|E|H, O|G|C
' 2 Criteria for used building one condition. Since, both have to satisfied used "AND:" logic.
Understanding of Operator Legends:
"E" => Refers to Equals
"NE" => Refers to Not Equals
"NEOR" => Logical value is Either Comparing value 1 or Comparing value 2
"NEAND" => Logical value is Comparing value 1 And Comparing value 2
"G" => Logical value Greater than Comparing value 1
"GE" => Logical value Greater than and equal to Comparing value 1
"L" => Logical value Lesser than Comparing value 1
"LE" => Logical value Lesser than and equal to Comparing value 1
"B" => Logical value is Between Comparing value 1 & Comparing value 2
"BE" => Logical value is Between or Equal to Comparing value 1 & Comparing value 2
"OSE" => Logical value is Outside of Comparing value 1 & Comparing value 2
"OSI" => Logical value is Outside or Equal to Comparing value 1 & Comparing value 2
"ERR" => Logical value is 'na'
"NERR" => Logical value is not 'na'
"CO" => Logical value Crossed Over Comparing value 1
"CU" => Logical value Crossed Under Comparing value 1
Understanding of Condition Legends:
AND: -> All criteria's to be satisfied for the condition to be True.
NAND: -> Output of AND condition shall be Inversed for the condition to be True.
OR: -> One of criteria to be satisfied for the condition to be True.
NOR: -> Output of OR condition shall be Inversed for the condition to be True.
ATLEAST:X: -> At-least X no of criteria to be satisfied for the condition to be True.
Note: "X" can be any number
NATLEAST:X: -> Output of ATLEAST condition shall be Inversed for the condition to be True
WASTRUE:X: -> Single criteria WAS TRUE within X bar in past for the condition to be True.
Note: "X" can be any number.
ISTRUE:X: -> Single criteria is TRUE since X bar in past for the condition to be True.
Note: "X" can be any number.
Understanding of Variable Legends:
While Condition Supports 8 Types, Variable supports only 6 Types listed below
AND: -> All criteria's to be satisfied for the Variable to be True.
NAND: -> Output of AND condition shall be Inversed for the Variable to be True.
OR: -> One of criteria to be satisfied for the Variable to be True.
NOR: -> Output of OR condition shall be Inversed for the Variable to be True.
ATLEAST:X: -> At-least X no of criteria to be satisfied for the Variable to be True.
Note: "X" can be any number
NATLEAST:X: -> Output of ATLEAST condition shall be Inversed for the Variable to be True
█ Sample Outputs with Logics:
1. RSI Indicator + Technical Indicator: StopLoss: 2.25 against Reward ratio of 1.75 (3.94 value)
Plots Used in Indicator Settings:
Source 1:- RSI
Source 2:- RSI Based MA
Source 3:- Strong Buy
Source 4:- Strong Sell
Logic Used:
For Long Setup : RSI Should be above RSI Based MA, RSI has been Rising when compared to 3 candles ago, Technical Indicator signaled for a Strong Buy on the current candle, however in last 6 candles Technical indicator signaled for Strong Sell.
Similarly Inverse for Short Setup.
L-AND:ES1|GE|ES2, ES1|G|ES1
L-ES3|E|1
L-OR:ES4 |E|1, ES4 |E|1, ES4 |E|1, ES4 |E|1, ES4 |E|1, ES4 |E|1
S-AND:ES1|LE|ES2, ES1|L|ES1
S-ES4|E|1
S-OR:ES3 |E|1, ES3 |E|1, ES3 |E|1, ES3 |E|1, ES3 |E|1, ES3 |E|1
'Note: Last OR condition can also be written by using WASTRUE definition like below
'L-WASTRUE:6:ES4|E|1
'S-WASTRUE:6:ES3|E|1
Output:
2. Volumatic Support / Resistance Levels :
Plots Used in Indicator Settings:
Source 1:- Resistance
Source 2:- Support
Logic Used:
For Long Setup : Long Trade on Liquidity Support.
For Short Setup : Short Trade on Liquidity Resistance.
'Variable Named "ChkLowTradingAbvSupport" is declared to check if last 3 candles is trading above support line of liquidity.
VAR-ChkLowTradingAbvSupport:AND:L|G|ES2, L |G|ES2, L |G|ES2
'Variable Named "ChkCurBarClsdAbv4thBarHigh" is declared to check if current bar closed above the high of previous candle where the Liquidity support is taken (4th Bar).
VAR-ChkCurBarClsdAbv4thBarHigh:OR:C|GE|H , L|G|H
'Combining Condition and Variable to Initiate Long Trade Logic
L-L |LE|ES2
L-AND:ChkLowTradingAbvSupport, ChkCurBarClsdAbv4thBarHigh
VAR-ChkHghTradingBlwRes:AND:H|L|ES1, H |L|ES1, H |L|ES1
VAR-ChkCurBarClsdBlw4thBarLow:OR:C|LE|L , H|L|L
S-H |GE|ES1
S-AND:ChkHghTradingBlwRes, ChkCurBarClsdBlw4thBarLow
Output 1: Day Trading Version
Output 2: Scalper Version
Output 3: Position Version
3 EMA Signal with Cleaned Dual Entry Logic3-EMA Trend Following Indicator with Buy/Sell Signals
EMA1 = Slow EMA (default 100)
EMA2 = Fast EMA (default 10)
EMA3 = Medium EMA (default 20)
Trend is bullish when EMA2 and EMA3 are above EMA1
Buy when EMA2 crosses above EMA3 in bullish trend
Sell when EMA2 crosses below EMA3 in bearish trend
Entry and exit points are plotted on chart
Marker 25 Points Above Candle HighThis custom TradingView indicator places a small red circular marker (●) exactly 25 points above the high of each candle. It's useful for visualizing buffer zones above price highs, such as potential breakout areas, stop-loss regions, or resistance levels.
aiTrendview.com Professional Technical Analysis Dashboard📊 Professional Technical Analysis Dashboard - Complete Guide
🎯 Overview
This is a comprehensive, institutional-grade technical analysis dashboard that combines multiple proven indicators into a single, visually stunning interface. It provides real-time market sentiment analysis through three critical categories: Summary, Oscillators, and Moving Averages, all displayed in a professional royal blue and white theme with intuitive progress indicators.
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🔬 Technical Foundation & Methodology
📈 Summary Section - The Master Signal
The Summary section is the crown jewel of this dashboard, combining all 16 individual indicators into one powerful, unified signal.
What It Does:
• Aggregates 16 Technical Indicators: Combines 8 oscillators + 8 moving averages
• Weighted Scoring System: Each indicator contributes equally to the final score
• Real-Time Analysis: Updates with every bar close for current market conditions
• Universal Compatibility: Works on any symbol (stocks, forex, crypto, commodities)
How It Works:
Summary Score = Oscillator Signals + Moving Average Signals
Range: -16 to +16
├── Strong Buy: +6 to +16 (Green)
├── Buy: +2 to +5 (Light Green)
├── Neutral: -1 to +1 (Gray)
├── Sell: -5 to -2 (Light Red)
└── Strong Sell: -16 to -6 (Red)
Trading Advantages:
✅ Quick Decision Making: One glance tells you market sentiment
✅ Reduces Analysis Paralysis: No need to check 16 indicators individually
✅ Higher Accuracy: Multiple confirmations reduce false signals
✅ Risk Management: Clear zones help position sizing decisions
✅ Time Efficient: Perfect for busy traders managing multiple positions
When To Use Summary:
• Entry Decisions: Strong Buy/Sell signals for new positions
• Portfolio Overview: Quick assessment of multiple holdings
• Risk Assessment: Understanding overall market bias
• Position Sizing: Stronger signals warrant larger positions
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⚡ Oscillators Section - Market Momentum Analysis
The Oscillators section focuses on momentum and overbought/oversold conditions, using 8 powerful momentum indicators.
Included Indicators & Their Purposes:
1. RSI (Relative Strength Index) - 14 Period
• Purpose: Identifies overbought (>70) and oversold (<30) conditions
• Trading Signal: RSI > 70 = Sell | RSI < 30 = Buy
• Best For: Mean reversion strategies, divergence analysis
2. Stochastic Oscillator - 14 Period
• Purpose: Compares closing price to price range over time
• Trading Signal: >80% = Overbought | <20% = Oversold
• Best For: Short-term swing trading, momentum confirmation
3. CCI (Commodity Channel Index) - 20 Period
• Purpose: Measures deviation from statistical mean
• Trading Signal: >100 = Sell | <-100 = Buy
• Best For: Cycle analysis, breakout confirmation
4. Williams %R - 14 Period
• Purpose: Momentum oscillator measuring closing vs. high-low range
• Trading Signal: >-20 = Overbought | <-80 = Oversold
• Best For: Timing entries in trending markets
5. MACD (Moving Average Convergence Divergence)
• Purpose: Trend-following momentum indicator
• Trading Signal: MACD Line > Signal Line = Buy | Below = Sell
• Best For: Trend identification, momentum shifts
6. Momentum - 10 Period
• Purpose: Rate of price change over specified period
• Trading Signal: Positive = Bullish | Negative = Bearish
• Best For: Early trend detection, momentum confirmation
7. ROC (Rate of Change) - 9 Period
• Purpose: Percentage change in price over time
• Trading Signal: >2% = Buy | <-2% = Sell
• Best For: Identifying acceleration in price movements
8. Bollinger Bands - 20 Period, 2 StdDev
• Purpose: Volatility-based support/resistance levels
• Trading Signal: Above Upper Band = Sell | Below Lower Band = Buy
• Best For: Volatility trading, mean reversion strategies
Oscillator Trading Advantages:
✅ Timing Precision: Excellent for entry/exit timing
✅ Overbought/Oversold Detection: Identifies potential reversals
✅ Divergence Analysis: Spots weakening trends early
✅ Short-Term Focus: Perfect for day trading and swing trading
✅ Momentum Confirmation: Validates trend strength
When Oscillators Are Most Effective:
• Range-Bound Markets: Excellent for buying dips, selling peaks
• Reversal Trading: High probability setups at extreme levels
• Momentum Trading: Confirming breakouts and trend acceleration
• Risk Management: Avoiding entries at poor risk/reward levels
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📊 Moving Averages Section - Trend Analysis
The Moving Averages section provides trend identification and direction, using 8 different moving averages across multiple timeframes.
Included Moving Averages:
Simple Moving Averages (SMA):
• SMA 10: Very short-term trend (2 weeks of daily data)
• SMA 20: Short-term trend (1 month of daily data)
• SMA 50: Medium-term trend (2.5 months of daily data)
• SMA 100: Long-term trend (5 months of daily data)
• SMA 200: Major trend (10 months of daily data)
Exponential Moving Averages (EMA):
• EMA 10: Responsive short-term trend
• EMA 20: Responsive medium-term trend
• EMA 50: Responsive long-term trend
Signal Logic:
Price vs Moving Average Analysis:
├── Strong Buy: Price > MA by 2%+ (Strong uptrend)
├── Buy: Price > MA by 0-2% (Mild uptrend)
├── Neutral: Price ≈ MA (Sideways/transition)
├── Sell: Price < MA by 0-2% (Mild downtrend)
└── Strong Sell: Price < MA by 2%+ (Strong downtrend)
Moving Average Trading Advantages:
✅ Trend Identification: Clear bullish/bearish bias
✅ Support/Resistance: MAs act as dynamic support/resistance
✅ Multi-Timeframe Analysis: Short to long-term perspectives
✅ Position Management: Trend following for position sizing
✅ Market Context: Understanding broader market direction
Strategic Applications:
• Trend Following: Buy above MAs, sell below MAs
• Support/Resistance Trading: MAs as dynamic levels
• Position Management: Trailing stops using moving averages
• Market Bias: Understanding institutional positioning
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🎯 Step-by-Step Trading Guide for New Traders
Phase 1: Dashboard Setup (5 Minutes)
Step 1: Installation
1. Copy the Pine Script code
2. Open TradingView Pine Editor
3. Paste code and click "Add to Chart"
4. The dashboard appears at bottom center
Step 2: Initial Configuration
1. Size Selection: Choose "Normal" for balanced view
2. Enable All Sections: Keep Summary, Oscillators, and MAs enabled
3. Progress Bars: Keep enabled for visual clarity
4. Timeframe: Start with "60" (1-hour analysis)
Step 3: Visual Verification
• Confirm dashboard shows at bottom center
• Verify all three sections are visible
• Check that progress bars are displaying
• Ensure colors are clear (green=bullish, red=bearish)
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Phase 2: Understanding the Signals (10 Minutes Practice)
Step 1: Summary Section Reading
Practice Exercise: Look at 5 different stocks and note:
• What color is the signal? (Green=Buy, Red=Sell, Gray=Neutral)
• What's the text saying? (Strong Buy, Buy, Neutral, Sell, Strong Sell)
• How filled is the progress bar? (More filled = stronger signal)
Example Reading:
SUMMARY: BUY (Green text)
Progress: ▰▰▰▰▰▰▱▱▱▱ (60% filled, positive)
BUY: 8 | NEUTRAL: 4 | SELL: 4
Interpretation: Moderately bullish, 8 indicators bullish vs 4 bearish
Step 2: Oscillator Analysis
Key Questions to Ask:
• Is the oscillator signal the same as summary?
• Are we in overbought territory (red signal)?
• Are we in oversold territory (green signal)?
• Is momentum building (progress bar filling)?
Trading Application:
• Green Oscillator + Green Summary = High probability buy
• Red Oscillator + Red Summary = High probability sell
• Conflicting signals = Wait for clarity
Step 3: Moving Average Confirmation
Trend Analysis Checklist:
• What's the MA signal? (Bullish/Bearish)
• Does it match the summary?
• How strong is the trend? (Progress bar intensity)
• Are we trading with or against the trend?
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Phase 3: Practical Trading Application (Real Trading)
Strategy 1: Conservative Confirmation Trading
Entry Rules (Low Risk):
1. All three sections must agree (Summary, Oscillators, MAs)
2. Signal strength >60% (progress bars more than half filled)
3. Wait for "Strong Buy" or "Strong Sell" signals only
4. Enter in direction of strongest signal
Example:
Summary: STRONG BUY (▰▰▰▰▰▰▰▰▱▱)
Oscillators: BUY (▰▰▰▰▰▱▱▱▱▱)
Moving Averages: STRONG BUY (▰▰▰▰▰▰▰▰▰▱)
Action: LONG position with high confidence
Strategy 2: Scalping with Oscillators
Entry Rules (Active Trading):
1. Focus primarily on Oscillator section
2. Look for oversold (strong green) for buys
3. Look for overbought (strong red) for sells
4. Use 5-15 minute timeframes
5. Quick exits when signal changes
Strategy 3: Trend Following with MAs
Entry Rules (Position Trading):
1. Moving Average section must be bullish for longs
2. Summary should confirm the trend
3. Use pullbacks in oscillators for entries
4. Hold positions while MAs remain favorable
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Phase 4: Risk Management Integration
Position Sizing Based on Signal Strength
Signal Strength Guide:
├── 90-100% filled bars: 3-5% of capital (very high confidence)
├── 70-89% filled bars: 2-3% of capital (high confidence)
├── 50-69% filled bars: 1-2% of capital (moderate confidence)
└── <50% filled bars: No position or paper trade only
Stop Loss Placement
• Oscillator Trades: 2-3% stops (short-term)
• Trend Following: 5-8% stops (give room for noise)
• Strong Signal Trades: Tighter stops (1-2%)
Take Profit Strategy
• First Target: When signal changes from Strong to Normal
• Second Target: When signal goes neutral
• Full Exit: When signal reverses completely
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🏆 Advanced Trading Applications
Multi-Timeframe Analysis
Professional Technique:
1. Daily Chart: Check overall trend (MAs section)
2. 1-Hour Chart: Find entry timing (Oscillators)
3. 15-Minute Chart: Precise entry execution
Divergence Trading
Advanced Setup:
• Price makes new highs but Oscillators show weakness
• Price makes new lows but Oscillators show strength
• High probability reversal signals
Market Correlation Analysis
Portfolio Management:
• Check dashboard on multiple correlated assets
• Look for broad market agreement or divergence
• Adjust position sizes based on correlation
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🚨 Common Mistakes to Avoid
Beginner Errors:
❌ Trading against all three signals (very low probability)
❌ Ignoring progress bar intensity (signal strength matters)
❌ Using wrong timeframe (scalping on daily signals)
❌ Over-leveraging on weak signals (<50% progress bars)
❌ Not waiting for confirmation (jumping on first green/red)
Proper Approach:
✅ Wait for alignment between sections
✅ Use signal strength for position sizing
✅ Match timeframe to trading style
✅ Start small while learning the system
✅ Keep trading journal of signal accuracy
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📊 Performance Optimization Tips
Best Timeframes for Different Strategies:
• Scalping: 5-15 minute analysis
• Day Trading: 15-60 minute analysis
• Swing Trading: 1-4 hour analysis
• Position Trading: Daily analysis
Market Condition Adaptation:
• Trending Markets: Focus on MA section, use oscillator pullbacks
• Range-Bound Markets: Focus on oscillator extremes
• High Volatility: Reduce position sizes, wait for stronger signals
• Low Volatility: Can take moderate signals with proper stops
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🎯 Success Metrics & Tracking
Key Performance Indicators:
• Signal Accuracy: Track win rate by signal strength
• Risk-Adjusted Returns: Profit per unit of risk taken
• Signal Consistency: How well signals align across sections
• Market Condition Performance: Which signals work best when
Recommended Practice Routine:
1. Daily Review: Check dashboard on 5-10 watchlist stocks
2. Signal Logging: Note signal strength and outcomes
3. Weekly Analysis: Review which signals performed best
4. Monthly Optimization: Adjust strategy based on performance data
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This Professional Technical Analysis Dashboard represents a complete trading solution that combines institutional-grade analysis with retail trader accessibility. By following this comprehensive guide, traders of all experience levels can harness the power of 16 technical indicators through one beautiful, intuitive interface. 🚀📈
Remember: Consistent profitability comes from disciplined application of proven systems, proper risk management, and continuous learning from market feedback.
Gold vs DXYThe 30-day rolling correlation between Gold (XAU/USD) and the US Dollar Index (DXY) shows how closely the two move together — or more often, in opposite directions — over the last 30 trading days. In most market environments, the relationship is pretty straightforward: when the dollar goes up, gold tends to go down, and vice versa. That’s because gold is priced in dollars, so a stronger dollar makes it more expensive for international buyers, which usually softens demand.
But it’s not always that simple. There are times when this inverse correlation breaks down. For example, if real yields (like the US 10-year yield minus inflation expectations) are rising, that can pressure gold even if the dollar is falling — because higher real returns elsewhere make gold less attractive. Another case is when other currencies, like the euro or yen, rally strongly on their own central bank decisions. This can pull DXY lower without necessarily signaling weakness in the U.S. economy — meaning gold might not benefit much.
There are also “risk-on” moments where investors rotate into equities or crypto, selling off both gold and the dollar in favor of yield or momentum. And during periods of crisis or uncertainty, both gold and the dollar can rise together as safe-haven assets, breaking the usual pattern entirely.
That’s why tracking the rolling correlation is helpful. It shows whether the historical relationship between gold and the dollar is still holding — or if we’re entering a different market regime. It’s not about predicting exact price moves, but about understanding the current backdrop. When gold and DXY are moving out of sync as expected, it can support your trade thesis. But when the correlation flattens or flips, it’s often a sign to dig deeper — macro forces may be shifting.
Mental Reminder# Mental Reminder - Trading Psychology Overlay
## 🧠 Why This Indicator Matters
Trading success isn't just about technical analysis - it's about psychology. The biggest enemy of profitable trading is often our own emotions and impulses. This indicator serves as your constant mental anchor, displaying personalized reminders that keep you focused on what truly matters.
## 💡 Core Purpose
**Combat Emotional Trading**
Every trader knows the feeling - you see a price movement and your emotions take over. This overlay keeps your trading rules and mindset visible at all times, acting as a psychological brake against impulsive decisions.
**Reinforce Discipline**
Whether it's "Wait for confirmation", "Risk management first", or "The market will always be here tomorrow" - having your key principles constantly visible helps internalize good trading habits.
**Maintain Patience**
In a world of instant gratification, successful trading requires patience. A simple "Let the setup come to you" reminder can prevent countless premature entries and exits.
## 🎯 Real Trading Applications
- **Pre-market reminder**: "Review your plan" before market open
- **During drawdowns**: "Trust the process" or "Losses are part of the game"
- **In volatile markets**: "Stay calm" or "Stick to your strategy"
- **During winning streaks**: "Don't get overconfident" or "Risk management still matters"
- **FOMO moments**: "There will always be another trade"
## 🔄 The Psychology Behind Visual Reminders
Studies show that visual cues are more effective than trying to remember rules mentally. When you're in the heat of trading, emotions can cloud judgment. A constant visual reminder cuts through the emotional noise and brings you back to your planned approach.
**Why Fixed Position Works**
Unlike annotations that move with price, this reminder stays in your peripheral vision - always there, never intrusive, but impossible to ignore when you need it most.
Your trading edge isn't just your strategy - it's your ability to execute it consistently. This simple tool helps bridge the gap between knowing what to do and actually doing it.
The Devils Mark [TakingProphets]“The Devil’s Mark” is a subtle yet deadly point of interest on the chart—where price has a habit of coming back to die.
Built around a deceptively simple condition, this tool marks highly reactive levels that often act as short-term magnets for price.
Whether you're trading reversals, continuations, or looking to refine sniper entries, the Devil’s Mark offers a clean way to anticipate potential retracements and engineered liquidity sweeps. It doesn't rely on indicators, oscillators, or moving averages—just raw price action logic that repeats day after day.
🔥 What It Does
The Devil’s Mark identifies a candle where the open equals either the high or the low—a specific structure known to frequently draw price back for manipulation, inducement, or mitigation.
Once identified, it marks the level with a custom emoji (😈 by default) and—optionally—a horizontal line extending forward. When price returns and reacts to this level, the mark self-deletes to keep your chart clean and relevant.
💡 Key Features
👿 Devil’s Mark Logic
Triggers when the open equals high (potential sell-side setup) or open equals low (potential buy-side setup)
These conditions often mark areas where liquidity has been engineered—likely to be revisited later
Applies to any timeframe, adapting automatically to the chart you're on
Custom Emojis
Choose from 😈, 🔥, 💀, or 🤡
Each emoji is placed precisely at the candle’s open, labeled in your chosen color for clarity
📈 Optional Horizontal Lines
Toggle lines on/off depending on your preference
Lines extend forward to highlight the key level price is likely to return to
Helps visualize interaction points, re-entries, or partial exits
🧼 Automatic Cleanup
Once price interacts with the Devil’s Mark (via wick or body), the label and line are automatically deleted
This keeps your chart minimal and focused only on active untested levels
🚨 Alerts Built In
Receive an alert when a new Devil’s Mark is formed, including the exact price and condition
Ideal for monitoring developing setups without staring at the chart
🧾 Info Box (Optional)
Displays the symbol, timeframe, and indicator title at the bottom of your chart
Helps when journaling trades or sharing analysis with your community
⚙️ Customization
Choose your emoji: 😈, 🔥, 💀, 🤡
Line visibility toggle
Fully customizable colors for bullish (Open = Low) and bearish (Open = High) marks
Enable/disable alerts to suit your workflow
Minimalist by default, but expandable for those who like more on-chart structure
🔄 Use Cases
Targeted liquidity grabs around recent highs/lows
Short-term reversion points for scalpers
Confluence for stop-hunts and inducement plays
Marking levels that often serve as "second entries" or "trap breaks"
⚠️ Final Note
This tool doesn’t predict direction—it highlights structure. Use it in combination with your narrative, bias, and entry model. Especially effective when paired with SMC or ICT-based strategies that account for liquidity, displacement, and manipulation.
Trade smart, stay disciplined, and don’t ignore the marks—they have a habit of dragging price back, whether you like it or not.
Prophet Model [TakingProphets]This model has helped me secure multiple funded prop firm payouts.
Inspired by ICT trader “Its Johnny,” the Prophet Model is one of the most effective tools I’ve ever used to consistently identify high-conviction, high-probability setups.
Let me be clear: this indicator alone won’t make you profitable—but when paired with discipline and discretion, it becomes a serious edge. Built specifically for traders who understand ICT and Flow State principles, this tool streamlines your workflow by dynamically aligning SMC concepts into one cohesive model.
It’s structured. It’s intentional. And in the right hands, it’s one of the most powerful indicators on the market.
🧠 Overview
The Prophet Model is a logic-driven smart money framework that automates your confluence-building process. It aligns multiple components of market structure, liquidity, and displacement into a visual checklist, guiding you toward clean setups without clutter.
THIS INDICATOR LOOKS FOR:
-Tap into HTF PD Arrays using intelligent timeframe mapping
-Confirm delivery shifts using ICT Candle Range Theory (CRT)
-Wait for sweep > displacement > gap—before entry is even considered
-Visualize TP, SL, and BE levels based on real ranges, not arbitrary ticks
-Check setup validity in real time with a dynamic criteria checklist
-Strengthen execution with Flow State relationship confirmations
Detailed Feature Breakdown
🔭 High Time Frame PDA Mapping
Each lower timeframe (e.g. M1, M5, M15) is automatically aligned with its higher timeframe counterpart (e.g. M15, H1, H4).
The model continuously scans for unmitigated Fair Value Gaps (FVGs) on that HTF and draws them in real-time on your current chart—highlighting areas of premium and discount efficiently.
-Only non-weekend, clean gaps are drawn
-Gaps update dynamically and extend by user-defined bar counts
-HTF PDA mitigation is visually tracked and used as a condition in confluence
🕯️ Candle Range Theory (CRT) Detection
Once an HTF PDA is active, the model checks for a valid CRT shift. It compares the last two candles on the higher timeframe to determine whether delivery conditions have shifted (based on ICT’s structure rules).
When detected, a CRT label is shown, supporting directional conviction and potential to expand.
💧 Liquidity Sweep Detection
Before any entry logic is triggered, the model waits for a buy-side or sell-side sweep to occur within the HTF FVG. These sweeps are drawn as dashed lines labeled $$$ and tracked using pivot logic.
-Sweeps are required to form before any CISD
-They must occur inside the active HTF PDA
-Each sweep condition must be met before advancing to next criteria
⚡ Change in State of Delivery (CISD)
Arguably the most critical part of the model: after a sweep, the model waits for a displacement in the opposite direction. Once confirmed, it marks the CISD line (black) and stores this as a trigger point for the next phase of setup building.
Key logic:
-Uses candle sequences to define CISD legs
-Detects when structure shifts via displacement close
-Optional: includes a CRT confirmation for additional confluence
📦 Overlapping Fair Value Gap (FVG) & Entry Adjustment
Once a CISD is confirmed, the model checks if an internal FVG (within the 3-candle structure) overlaps the displacement. If found, the EPE (Easiest Point of Entry) is automatically adjusted to this zone and relabeled.
-This adds an extra layer of precision to your entry—only visible when the overlap exists.
🎯 Take Profit / Break Even / Stop Loss Mapping
After a valid CISD is formed, the model auto-calculates:
-Take Profit: 2.25x the CISD range
-Break Even: 1x the CISD range
-Stop Loss: Recent high/low depending on trade direction
These are plotted on the chart using clearly labeled lines in green (TP), orange (BE), and red (SL), with optional price display.
All risk levels are based on actual structure—not static values.
🧾 Dynamic Setup Checklist
A four-point strategy checklist is drawn on the chart, updating in real time:
-HTF PDA Tap ✅
-CRT Confirmation ✅
-Liquidity Sweep ✅
-CISD Confirmation ✅
This helps traders visually track setup progression without needing to second-guess or manually monitor each component.
🔁 Flow State Alignment Table
This top-right table outlines ideal timeframe pairings based on ICT’s Flow State methodology:
-Monthly PDA + Daily CISD
-Weekly PDA + H4 CISD
-Daily PDA + H1 CISD
The model automatically highlights the correct row when your current timeframe aligns with the expected CISD timeframe—helping you focus only on clean, time-aligned setups.
🟧 Easiest Point of Entry (EPE) Tracking
The model dynamically marks the EPE after CISD confirmation. If an overlapping FVG is detected, it shifts to that level instead. The label changes from “CISD” to “EPE” to help you visually distinguish entry refinement.
-Orange line and label
-Adjusts live when overlap is present
-Helps improve entry precision and reduce drawdown
🧾 Info Box (Optional)
Displays symbol, timeframe, indicator title, and date at the bottom of your chart—useful for journaling, screenshots, or presentations.
⚙️ Customization
Every feature can be toggled on/off:
-Visibility controls for CRT, FVGs, CISD, and Limits
-Color inputs for borders, fills, and text
-Adjustable label sizes, table text sizes, and FVG extension bars
-This allows full flexibility whether you're scalping indices or swing trading majors.
⚠️ Important Notes
This is not a buy/sell signal and is not meant to be traded blindly.
It is designed as a visual framework for ICT and Flow State traders who understand narrative, timing, and context.
Always use proper risk management and confirm bias through your own analysis.
🟡🔵🟢🔴Beginner's Assistant by carljchapman🟡🔵🟢🔴
Overview
This indicator dynamically marks highs and lows of the premarket (4:00am-9:30amEST) and opening range. It displays Fair Value Gaps, 9 and 21 period Exponential Moving Averages (EMA) and the Volume Weighted Average Price (VWAP). To really help beginners, it marks suggested entry points on the chart with green or red triangles, when a reasonable trend appears.
Features
Automatically draws blue lines for Premarket High and Low values
Dynamically marks the opening Range region
Visual entry signals for long and short opportunities
Primarily used for stocks/funds , but works with forex and crypto
Quick configuration settings to tailor details for your experience level
Mobile friendly mode
Supports alerts
How To Use
Open your chart, and select a 1 or 2 minute timeframe.
Watch for green triangles and red triangles, hinting at entries for long or short positions. Pay particular attention to the price action as it approaches the bounds of the opening range and the premarket levels. As with any indicator, confirmation is helpful. I personally use MACD to confirm the direction of each probable trend.
For scalping 0dte contracts: You should switch very often between 1 and 2 min timeframes and look carefully for quality entry opportunities. TP (take profit) quickly with gains of 15% or more until you develop and refine your own strategy and risk management. Beginners like to see profit; just remember that a small profit is better than what could quickly become a large loss!
What makes this indicator so beginner friendly?
Charts with too many lines and colors are are a nightmare for beginners! And empty charts do not tell the whole story. Simple checkboxes in the configuration settings let you turn on and off features to match your comfort level. As you become more familiar you might try turning off the suggested entries to see if you would have selected the same or better ones yourself. Just one example of how you will learn and verify your knowledge. You will quickly spot Opening Range Breakouts and more.
Why are the triangle pointers not simply above or below the bars?
As a beginner, I like to review charts and see how much the price changed, to estimate how much a contract would move based on its delta. A mouthful, I know. But what price does an arrow pointing up below a bar reflect? Would I have entered at the open or close, low or high? This indicator helps by putting the marker close to the price when indicated. It can even display the actual price on the bar. This is helpful for you to make fast calculations without a measuring tool.
I am an experienced trader. Can this help me make winning trades?
Sure. It can also help you make losing trades! Profit is never guaranteed with any indicator or strategy. This indicator is designed to assist as you learn and trade. You won't see the words BUY or SELL. This is not a signal bot! It is merely a tool to assist you. You can learn a lot by just observing price movement while using this indicator without making a single trade.
🟡🔵🟢🔴
TQQQ Live PnL TrackerTQQQ PnL Tracker by IceTrader Team - #MakeMyPortfolioGreatAgain
Once you add the script, modify this section of the code to match your exact TQQQ order and start tracking its Profit/Loss.
code block:
entryPrice = 86.65 (set the price at which you bought)
positionSize = 1155 (set the exact quantity of stocks you bought)
direction = "Long" (Change to "Short" if it's a short trade)
AARAMBH_GANNV9Check if RSI -> Buy zone
ATR-> Bullish
ADX -> Strong
Then take the BUY trade.
Check if RSI -> Sell zone
ATR-> Bearish
ADX -> Strong
Then take the SELL trade.
As simple as that
CRM Trend Analyser PRO✅ Breakout-Based Trading System
Detects breakout zones using custom price structure and moving average logic
Shows early pre-entry cues based on key highs/lows
Automatically calculates Entry, Stop Loss, TP1, TP2, and TP3
✅ Dynamic Trend Engine
Adaptive trend lines using momentum acceleration logic
Candle coloring based on trend speed for visual clarity
Gradient intensity reflects trend strength and stability
✅ Multi-Timeframe Support
Plots Daily/Weekly High, Low, and Close levels
Make decisions using top-down market context
Toggle historical levels + resize labels for visual comfort
✅ Risk & Target Management
Auto-calculated Entry, SL, TP1, TP2, TP3 based on multiple confluences
Clearly plotted lines and levels for real-time decision-making
Choose between "Only Last Signal" or "All Signals" mode:
✅ Clean charts with most recent trade only
✅ Back test easily with full signal history
✅ Built-in Technical Tools
Custom-styled VWAP Overlay
Demand & Supply zones for support/resistance
Multiple adaptive MAs with momentum tracking
MA gradient for strength confirmation
✅ Smart Signal Display
Dynamic Buy/Sell markers with entry labels
Color-coded SL/TP lines for fast visual understanding
Optional:
Use standard candle colors
Customize theme for your visual comfort
🕒 Recommended Timeframes
3min / 5min → Intraday & Scalping
Daily Chart → Swing / Positional setups
⚠️ Important Learning Note
This tool is meant to aid your learning and strategy development. Use it with:
A clear trading plan
Disciplined risk management
Correct position sizing (start with single quantity)
Strict Stop Loss rules
Trade only when the risk-to-reward ratio is favorable
In a sideways or opposing market, no trade can be the best trade
True wealth creation happens only through long-term investing
For disciplined risk management, limit intraday exposure to 10% of your capital
🔰 Beginner Path:
1. Start with paper trading for 2 months.
2. Then try equity trades with small capital (₹3,000 or less).
3. Limit loss to ₹50 – ₹100/day. Learn without pressure.
4. Avoid option/futures trading initially — options are high-risk instruments and require advanced understanding.
💡 “Learn first, earn later.” Your capital’s growth or loss is entirely in your control.
🎨 Dark Mode Optimized → Now Fully Customizable
Previously tailored for dark mode, now enhanced with user-selectable color options for a personalized and clear visual experience.
📈 Dynamic Trend Confluence Visual
Introducing a trend-following visual layer to help you ride trends with confidence and clarity.
🔔 Real-Time Alerts Integrated
Never miss a trade. Stay updated with built-in alerts for all key trade signals and conditions.
⚠️ Disclaimer
This indicator and content are intended purely for educational and informational purposes. They do not constitute financial, investment, or legal advice. All opinions are personal interpretations based on research and are not recommendations to buy, sell, or hold any security.
Always consult a SEBI-registered advisor or certified financial planner before making investment decisions. The creator is not responsible for any financial loss or decision taken by viewers.
Use this tool as support to your own strategy — not as a standalone trading system.
Happy Trading, CHEERS!
Macro Nexus Model | MrAlvarezMacro Nexus Model (MNM)
The Macro Nexus Model (MNM) is a sophisticated, next-generation oscillator engineered to synthesise the intricate dynamics of the global financial system into an actionable signal. Where traditional indicators are limited to price action, the MNM provides a quantitative measure of the underlying macro forces driving assets like Bitcoin.
Key Features:
Dynamic & Regime-Aware: Unlike static indicators, the MNM is built on a dynamic engine that identifies the prevailing market regime. It understands that the factors driving the market during periods of expansion are fundamentally different from those that matter during systemic contractions.
Intelligent, Self-Adjusting Weights: At its core, the MNM analyses a diverse basket of global macro inputs—including global growth indicators, credit spreads, central bank liquidity, and safe-haven flows. The indicator's proprietary engine continuously and smoothly adjusts the importance of each of these factors based on its real-time assessment of the global risk environment.
The Macro Trend Line: The final output is a single, smoothed line representing the net macro pressure on risk assets. A positive value indicates a supportive, expansionary environment, while a negative value signals a contractionary environment where caution is warranted.
Automated Divergence Detection: The MNM automatically identifies and plots powerful bullish and bearish divergences between the macro trend and price, providing clear, early warnings of potential market tops and bottoms.
The Macro Nexus Model is more than an indicator; it is a sophisticated dashboard for quantifying the primary forces driving the market. Use it to elevate your analysis, gain a decisive edge, and make more informed, data-driven decisions.
🧪 Yuri Garcia Smart Money Strategy FULL (Slope Divergence))📣 Yuri Garcia – Smart Money Strategy FULL
This is my private Smart Money Concept strategy, designed for my family and community to learn, trade, and grow sustainably.
🔑 How it works:
✅ Volume Cluster Zones: Automatically detects areas where strong buyers or sellers concentrate, acting as dynamic S/R levels.
✅ HTF Institutional Zones (4H): Higher timeframe trend filter ensures you’re always trading in the direction of major flows.
✅ Wick Pullback Filter: Confirms price rejects the zone, catching smart money traps and reversals.
✅ Cumulative Delta (CVD): Confirms whether buyers or sellers are truly in control.
✅ Slope-Based Divergence: Optional hidden divergence between price & CVD to spot reversals others miss.
✅ ATR Dynamic SL/TP: Adapts stop loss and take profit to live volatility with adjustable risk/reward.
🧩 Visual Markers Explained:
🟦 Blue X: Price inside HTF zone
🟨 Yellow X: Price inside Volume Cluster zone
🟧 Orange Circle: Wick pullback detected
🟥 Red Square: CVD confirms order flow strength
🔼 Aqua Triangle Up: Bullish slope divergence
🔽 Purple Triangle Down: Bearish slope divergence
🟢 Green Triangle Up: Final Long Entry confirmed
🔴 Red Triangle Down: Final Short Entry confirmed
⚡ Who is this for?
This strategy is best suited for traders who understand smart money concepts, order flow, and want an adaptive framework to trade major assets like BTC, Gold, SP500, NASDAQ, or FX pairs.
🔒 Important
Use responsibly, backtest extensively, and combine with solid risk management. This is for educational purposes only.
✨ Credits
Built with ❤️ by Yuri Garcia – dedicated to my family & community.
✅ How to use it
1️⃣ Add to chart
2️⃣ Adjust inputs for your asset & timeframe
3️⃣ Enable/disable slope divergence filter to match your style
4️⃣ Set your alerts with built-in conditions
Bitcoin_1min_TF V1This indicator should be applied only to Bitcoin chart at 1minute Time Frame. It can be used on higher timeframe, however, it's accuracy has been tested only on 1 minute time frame.
For any other chart, it will not work.
Basics of this indicator comes from Price Action which then modulated with ATR, EMAs, Machine Learning from previous data and risk management to give higher accuracy and low capital drawdown.
Since this indicator gives n number of opportunities within a day, it is important to understand the impact of overtrading. So, it is advised to do a disciplined trading and set trading hours in a day to grabs the profits impactfully in a disciplined way and avoid overtrading.
Keep greed away from trading.
Thanks for using the indicator. If you find it good, support me with your positive comments and do share this indicator within your friend/family circle.
I am working on similar indicator for other chart types. Stay in touch until then.
How to use the Indicator-
1. It gives you an indication (up/down arrow) of possible entry and also draws SL & TP line & entry line. Don't enter at the current candle when SL/TP/Entry line are moving since this is only possible entry signal.
2. On the next candle, once price reaches/crossed entry line drawn, take entry.
3. Monitor your trade and exit at SL/TP.
4. Please note, SL can trail if required.
Happy Trading.
Volume Delta Pressure Tracker ⚡ by GSK-VIZAG-AP-INDIA📢 Title:
Volume Delta Pressure Tracker ⚡ by GSK-VIZAG-AP-INDIA
📝 Short Description (for script title box):
Real-time volume pressure tracker with estimated Buy/Sell volumes and Delta visualization in an Indian-friendly format (K, L, Cr).
📃 Full Description
🔍 Overview:
This indicator estimates buy and sell volumes using candle structure (OHLC) and displays a real-time delta table for the last N candles. It provides traders with a quick view of volume imbalance (pressure) — often indicating strength behind price moves.
📊 Features:
📈 Buy/Sell Volume Estimation using the candle’s OHLC and Volume.
⚖️ Delta Calculation (Buy Vol - Sell Vol) to detect pressure zones.
📅 Time-stamped Table displaying:
Time (HH:MM)
Buy Volume (Green)
Sell Volume (Red)
Delta (Color-coded)
🔢 Indian Number Format (K = Thousands, L = Lakhs, Cr = Crores).
🧠 Fully auto-calculated — no need for tick-by-tick bid/ask feed.
📍 Neatly placed bottom-right table, customizable number of rows.
🛠️ Inputs:
Show Table: Toggle the table on/off
Number of Bars to Show: Choose how many recent candles to include (5–50)
🎯 Use Cases:
Identify hidden buyer/seller strength
Detect volume absorption or exhaustion
✅ Compatibility:
Works on any timeframe
Ideal for intraday instruments like NIFTY, BANKNIFTY, etc.
Ideal for volume-based strategy confirmation.
🖋️ Developed by:
GSK-VIZAG-AP-INDIA
PCCE + False Breakout Detector🔍 PCCE + False Breakout Detector | Identify Real Breakouts, Avoid the Traps
Built for: Breakout traders, volatility watchers, and anyone tired of chasing fake moves.
⸻
🧠 What This Script Does:
This tool combines Price Coil Compression & Expansion (PCCE) with a real-time False Breakout Detector to help traders:
1. Anticipate breakout moves by detecting early signs of volatility contraction.
2. Confirm breakout strength using volume and price behavior filters.
3. Avoid false signals by flagging traps when price breaks a key level but fails to follow through.
This is not just a mashup of two concepts — it’s a complementary system that gives traders both a setup and a validation layer, working in tandem.
⸻
🔧 How It Works (without revealing source logic):
🌀 PCCE – Compression Breakout Engine
• Detects tight coil zones based on shrinking candle bodies, wick-to-body dominance, and compressed range.
• Highlights these zones visually (gray boxes) on the chart.
• Triggers “Burst↑” or “Burst↓” signals only when price breaks out with:
• Candle body > average × multiplier
• Volume > average × multiplier
• (Optional) EMA trend alignment
• Cooldown logic prevents signal clustering.
🚫 False Breakout Detection
• Monitors swing highs/lows from a configurable lookback period.
• Flags bull traps (❌ red) or bear traps (❌ green) if breakout attempts fail within a few bars.
• These traps often precede reversals or signal exhaustion.
⸻
✅ Why This Isn’t Just Another Mashup
While compression and fakeouts are well-known concepts, this script:
• Derives coil logic dynamically (not from fixed ranges or Bollinger Bands),
• Uses behavior-based filters (body strength, volume thrust, wick dominance),
• And adds real-time trap detection to confirm or invalidate expansions.
The combination provides both signal anticipation and validation, reducing whipsaws and improving decision-making.
⸻
📊 How to Use:
1. Wait for compression zones to appear → prepare for potential expansion.
2. Follow Burst↑/↓ signals only if supported by trend/volume.
3. If ❌ markers appear, be cautious — price may reverse or become range-bound.
4. Ideal for 15m–4H charts, especially in BTC, ETH, indices, and trending assets.
⸻
🧠 Final Thought
Breakouts without structure are noise. This tool brings structure, confirmation, and trap detection into one cohesive framework — for those who prefer precision over hope.
RK Vashist - RangeRK Vashist - Range
This versatile Pine Script is designed for traders who want to visually track key price levels across multiple timeframes. It combines several powerful features into a single, easy-to-use chart overlay:
### 🔷 **Custom Candle High/Low Marker**
- Marks the high and low of a specific candle (e.g., 9:15 AM), with editable **date and time input**
- Displays horizontal lines extending to the right from that candle
- Helps define intraday breakout levels or session ranges
### 📈 **Customizable EMAs**
- Includes **five Exponential Moving Averages**: EMA 5, 10, 20, 50, and 200
- Each EMA has editable **length and color**, giving full flexibility
- Useful for identifying trends, dynamic support/resistance, and crossovers
### 📊 **Previous Session Highs & Lows**
- Automatically plots horizontal lines for:
- **Previous Day**
- **Previous Week**
- **Previous Month**
- Each level has adjustable **color** and **line style** (solid, dashed, dotted)
- Great for spotting key historical support/resistance and potential reversal zones
### 🎛️ **Customization Highlights**
- All inputs are available in the settings panel
- Colors and styles are editable to match your charting preferences
- No repainting or delays—levels are calculated and drawn reliably
💡 Whether you're a scalper, swing trader, or trend follower, this script offers a visually rich toolkit to guide your analysis. Want to take it further with labels, breakout alerts, or zone shading? I’d love to help with that too!
ATR: Тело % + Диапазоны и АномалииEssentially, this combined indicator is a powerful tool for:
Analyzing candlestick anatomy: Quickly understanding how much of a candlestick’s overall range is in its body, indicating the strength of buying or selling pressure versus uncertainty.
Volatility estimates: Understanding the typical pip range of bars, adjusted for the tick size of the instrument.
Identifying anomalies: Highlighting unusually small or large bar ranges that may signal changes in market momentum or significant events.
Average range filtering: Providing a clearer picture of average market volatility by excluding extreme outliers from the calculation.
This comprehensive approach can help traders make more informed decisions by gaining a deeper understanding of the nuances of price action and market volatility.