Dow Theory - ManitThis Pine Script implements a Dow Theory swing-structure indicator that:
• Detects pivot highs and lows using left/right bar sensitivity
• Filters them into a zigzag-style structure (removing weak swings)
• Classifies market structure as:
HH (Higher High)
HL (Higher Low)
LH (Lower High)
LL (Lower Low)
• Automatically builds dynamic support and resistance levels from valid swing points
• Tracks trend direction:
– Above resistance → uptrend
– Below support → downtrend
• Draws extending horizontal S/R lines that update only when structure changes
Educational
VWAP Pullback System Restrictive Alerts# VWAP Pullback System
A mechanical mean-reversion indicator for futures scalping (MNQ/NQ, 5-min chart). Signals fire only when **all 5 conditions** are met simultaneously.
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## Entry Conditions (ALL must be true)
**Long:** Price above VWAP → pulls back within X points → bullish candle close → volume below 20-SMA → within trading window
**Short:** Mirror opposite — price below VWAP, rallies back, bearish close, low volume, valid window.
### ADX Regime Filter (15-Min)
- **ADX < 25** → RANGING — signals enabled
- **ADX 25–35** → CAUTION — signals fire but lower confidence
- **ADX ≥ 35** → TRENDING — signals disabled
### Signal Grading
- **A+** — All conditions + ADX < 20 + EMA 9/21 aligned + within 5 pts of VWAP
- **A** — All conditions + ADX < 25 + EMA aligned
- **B** — All conditions + ADX < 25, no EMA alignment
- **C** — All conditions + ADX in caution zone
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## Visuals
- VWAP (blue) with 1σ / 2σ standard deviation bands
- EMA 9/21 cloud (green = bullish, red = bearish)
- Signal arrows with grade labels (A+, A, B, C)
- Entry/stop/target dashed lines (auto-cleanup after 20 bars)
- Trading window background shading (green = valid, red = lunch chop zone)
- Volume-based bar coloring
## Dashboard (Top Right)
- Market regime + ADX value
- Live 5-condition checklist — watch setups build before they trigger
- Risk levels: stop, targets, R:R ratio, signal grade
- Daily signal counter
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## ⚠️ Important: TPs and SLs Are Loose Targets
The stop loss and target levels shown on the chart (VWAP ± buffer, 1σ/2σ bands) are **reference levels, not hard exits.** They give you a framework, but you should adjust based on the price action leading into the signal. A clean pullback on declining volume into a key level deserves a tighter stop and more ambitious target. A choppy, indecisive setup warrants a wider stop or a quicker exit at T1. Use the levels as a starting point — your read on context and momentum should determine the actual trade management.
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## Defaults (MNQ 5-Min)
Pullback distance: 10 pts · Stop buffer: 15 pts · T1: 1σ band · T2: 2σ band · Morning: 8:45–10:00 CT · Afternoon: 1:00–2:10 CT · Max signals/day: 4. All adjustable.
## Alerts
A+ Long/Short · A Long/Short · Any Signal · Regime Change
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*PineScript v6. Non-repainting HTF ADX. Signal deduplication built in. This indicator generates signals — it does not place trades.*
ICT Essentials By @PatekFynnipThis indicator shows ICT essentials such as Midnight Opening Price, Midnight Opening Range, Asia Range, Previous Day High & Low
This is a cosmetic indicator. It's fully adjustable.
Indices Futures: Key Levels By @PatekFynnipThis indicator shows key levels like New Week Openings Gaps, New Day Opening Gaps, Opening Range Gaps & 1st Presentations.
It auto-plots NWOG, NDOG, ORG, 1st Pres and calculates and draws Quadrants + Eights inside every key level
This is a cosmetic indicator. It's fully adjustable.
Mainly for Indices like Nasdaq (NQ), S&P (ES) and Dow Jones (YM).
raju 50 ComboPro + BTC+ATR We are given a combined indicator script that includes multiple features. Let me describe each part and its functionality in detail.
1. Cloud Settings (from the first strategy script, now as an indicator)
Cloud MA Length: The length of the moving average used for the cloud (default 50).
Use EMA for Cloud: Toggle between EMA and SMA for the cloud calculation.
Show Cloud: Toggle to show or hide the cloud.
Cloud Bullish/Bearish Color: Colors for the cloud when price is above/below the cloud.
Cloud Transparency: Transparency level for the cloud fill.
Background Color Settings: Option to color the background based on price position relative to the cloud.
Cloud Basis MA: Option to show a basis line (middle of the cloud) and its settings (color, line width).
ATR Adjustment: Option to adjust the cloud bands using ATR (Average True Range) with customizable length and multipliers for high and low bands.
The cloud is calculated by taking the EMA (or SMA) of the high and low prices separately, then adjusting them by ATR values (if enabled). The cloud basis is the average of the high and low bands. The cloud is filled between the high and low bands, and the color of the fill changes based on the price position.
2. Bollinger Bands Settings
Show Bollinger Bands: Toggle to show or hide Bollinger Bands.
BB Length: Length for the Bollinger Bands (default 20).
BB Std Dev: Standard deviation multiplier (default 2.0).
BB Source: Source for Bollinger Bands (default close).
Colors for basis, upper, lower bands: Customizable colors.
BB Fill Color: Color for the fill between the upper and lower bands.
BB Line Width: Line width for the Bollinger Bands.
The Bollinger Bands are calculated using the standard formula: basis is SMA of the source, and the upper/lower bands are basis ± (standard deviation * multiplier).
3. Triple Auto Round Number Levels
This feature draws three sets of horizontal lines at rounded price levels (like support/resistance). Each set has its own:
Rounding Value: The increment for the levels (e.g., 250, 500, 1000).
Line Amount: How many lines above and below the current price to draw.
Colors for above/below: Colors for the lines when price is above or below the level.
Thickness: Line thickness.
Text Color: Color for the price labels.
The levels are recalculated on each bar and drawn from the current price. The lines extend to the right (or both directions) and are labeled with the price.
4. Moving Averages
This section plots 6 different moving averages (MA 5, 10, 20, 50, 100, 200) with customizable:
Type: EMA, SMA, or SMMA (Smoothed MA).
Length: The period of the MA.
Colors for up/down/flat: Colors based on the direction of the MA (rising, falling, or flat).
Each MA is plotted with a distinct line and color-coded by its trend direction.
5. Supply-Demand Zones
This feature identifies supply and demand zones based on swing highs and lows, and draws boxes for these zones. It includes:
Swing High/Low Length: The lookback period for identifying swings.
History To Keep: How many zones to keep on the chart.
Box Width: Width of the supply/demand boxes (in terms of ATR multiple).
Round to Nearest: Rounding for the ITM/OTM levels (for options trading context).
ITM/OTM Distances: Distances for ITM (In-The-Money) and OTM (Out-The-Money) levels for options (in points).
Visual Settings: Colors and outlines for supply/demand boxes, BOS (Break of Structure) labels, POI (Point of Interest) labels, and zigzag.
The indicator also draws ITM/OTM levels for options (CE and PE) based on the rounded open price and the given distances.
6. Trend Analysis Table
A table that shows the trend direction of each MA (up, down, flat) and a summary of the market condition (bullish, bearish, neutral) based on the count of rising/falling MAs. The table is displayed on the chart and can be positioned in one of the four corners.
How the Indicator Works:
The script runs on each bar and calculates all the above components.
The cloud, Bollinger Bands, and moving averages are plotted as lines/fills.
The round number levels are drawn as lines and labels, and are updated on each bar (only the last set is kept).
Supply and demand zones are drawn as boxes and updated as new swings are formed.
The trend analysis table is updated on the last bar.
The indicator is designed to be comprehensive, providing multiple perspectives on the market: trend (with MAs and cloud), volatility (with Bollinger Bands and ATR), support/resistance (with round numbers and supply/demand zones), and options levels.
Note:
Since the original strategy had buy/sell conditions (when price crosses the cloud bands), these conditions are not included in the indicator because it is now an indicator, not a strategy. However, the cloud bands are still plotted and can be used for visual analysis.
The script is set to overlay on the main chart, and has a high limit for drawn objects (lines, labels, boxes) to accommodate the multiple drawing features.
This indicator is quite complex and may draw a lot of objects, so it's recommended to use it on lower timeframes with caution or adjust the history settings to limit the number of objects.
ComboPro + BTC+ATR - पूर्ण विवरण
📊 संक्षिप्त परिचय
यह एक शक्तिशाली मल्टी-फीचर ट्रेडिंग इंडिकेटर है जो 6 मुख्य टूल्स को एक साथ combine करता है। यह तकनीकी विश्लेषण के लिए एक comprehensive सूट प्रदान करता है।
🔧 मुख्य फीचर्स
1. क्लाउड सेटिंग्स (BTC+ATR)
क्लाउड MA: 200-पीरियड का मूविंग एवरेज (EMA/SMA विकल्प)
ATR एडजस्टमेंट: ATR का उपयोग करके क्लाउड बैंड्स को समायोजित करता है
कलर कोडिंग: बुलिश/बेयरिश स्थिति के आधार पर क्लाउड का रंग बदलता है
बैकग्राउंड कलर: प्राइस पोजिशन के अनुसार चार्ट बैकग्राउंड का रंग
2. बोलिंगर बैंड्स
लंबाई: 50 पीरियड (adjustable)
स्टैंडर्ड डेविएशन: 2.0 (adjustable)
फिल कलर: बैंड्स के बीच का एरिया
कस्टमाइजेशन: लाइन कलर, width और visibility कंट्रोल
3. ट्रिपल ऑटो राउंड नंबर लेवल्स
3 लेवल्स: अलग-अलग increment values के साथ
लेवल 1: 60 पॉइंट्स का increment
लेवल 2: 120 पॉइंट्स का increment
लेवल 3: 240 पॉइंट्स का increment
ऑटो-एडजस्ट: करंट प्राइस के आधार पर लेवल्स update होते हैं
कस्टम कलर्स: हर लेवल के लिए अलग-अलग कलर सेटिंग्स
4. मैड्रिड मूविंग एवरेजेज
6 MAs: 20, 30, 40, 50, 100, 200 पीरियड्स
3 प्रकार: EMA, SMA, SMMA (प्रत्येक MA के लिए अलग)
ट्रेंड-बेस्ड कलर्स:
🟢 हरा = ऊपर की ओर ट्रेंड
🔴 लाल = नीचे की ओर ट्रेंड
बैंगनी = फ्लैट/साइडवेज
लाइन width: पीरियड के अनुसार अलग-अलग
5. सप्लाई-डिमांड जोन्स
स्विंग हाई/लो डिटेक्शन: 5-बार की लंबाई (adjustable)
सप्लाई/डिमांड बॉक्सेज: ATR-एडजस्टेड width के साथ
BOS लेबल: ब्रेकआउट पॉइंट्स चिह्नित करता है
POI लेबल: पॉइंट ऑफ इंट्रेस्ट दिखाता है
ITM/OTM लेवल्स: ऑप्शंस ट्रेडिंग के लिए लेवल्स
6. ट्रेंड एनालिसिस टेबल
रियल-टाइम ट्रेंड एनालिसिस: सभी 6 MAs की स्थिति दिखाता है
मार्केट कंडीशन: बुलिश/बेयरिश/न्यूट्रल स्टेटस
परसेंटेज ब्रेकडाउन: कितने % MAs बुलिश/बेयरिश हैं
विजुअल इंडिकेटर्स: इमोजीस और कलर कोडिंग
🎯 ट्रेडिंग एप्लीकेशन्स
ब्रेकआउट ट्रेडिंग
क्लाउड ब्रेकआउट: प्राइस क्लाउड के ऊपर/नीचे बंद होने पर
बोलिंगर बैंड ब्रेकआउट: वोलेटिलिटी ब्रेकआउट्स
सपोर्ट/रेजिस्टेंस ट्रेडिंग
राउंड नंबर लेवल्स: साइकोलॉजिकल लेवल्स
सप्लाई/डिमांड जोन्स: इंस्टीट्यूशनल लेवल्स
मूविंग एवरेजेज: डायनामिक सपोर्ट/रेजिस्टेंस
ट्रेंड फॉलोइंग
MA एलाइनमेंट: सभी MAs एक दिशा में होने पर
क्लाउड ट्रेंड: क्लाउड का रंग ट्रेंड दिखाता है
ट्रेंड टेबल: क्विक ट्रेंड एसेसमेंट
रेंज बाउंड ट्रेडिंग
बोलिंगर बैंड स्क्वीज: बैंड्स के संकुचन पर
क्लाउड रेंज: क्लाउड के भीतर प्राइस एक्शन
⚙️ टेक्निकल विशेषताएं
कम्प्यूटेशनल एफिशिएंसी
बार-बार रीकैल्कुलेशन: केवल नए बार पर
ऑब्जेक्ट मैनेजमेंट: पुराने लाइन्स और लेबल्स डिलीट करता है
कंडीशनल प्लॉटिंग: फीचर्स के अनुसार डिस्प्ले कंट्रोल
कस्टमाइजेशन ऑप्शंस
सभी फीचर्स टॉगल करने योग्य
अलग-अलग कलर प्रोफाइल्स
पीरियड और मल्टीप्लायर एडजस्टमेंट
टेबल और डिस्प्ले सेटिंग्स
विजुअल एलिमेंट्स
मल्टी-लेयर डिस्प्ले: सभी इंडिकेटर्स ओवरले होते हैं
कलर कोडिंग: इंटुइटिव कलर स्कीम
लेबल और एनोटेशन: क्लियर मार्किंग्स
टेबुलर डेटा: संक्षिप्त और पढ़ने योग्य
📈 उपयोग के परिदृश्य
1. डे ट्रेडिंग
समय सीमा: 5-15 मिनट
फोकस: क्लाउड ब्रेकआउट्स + बोलिंगर बैंड्स
उपयोग: क्विक डायरेक्शनल बायस
2. स्विंग ट्रेडिंग
समय सीमा: 1 घंटा - दैनिक
फोकस: MA एलाइनमेंट + सप्लाई/डिमांड जोन्स
उपयोग: ट्रेंड कंफर्मेशन + एंट्री लेवल्स
3. पोजिशन ट्रेडिंग
समय सीमा: दैनिक - साप्ताहिक
फोकस: राउंड नंबर लेवल्स + ट्रेंड टेबल
उपयोग: लॉन्ग-टर्म ट्रेंड एनालिसिस
4. ऑप्शंस ट्रेडिंग
फोकस: ITM/OTM लेवल्स + वोलेटिलिटी
उपयोग: स्ट्राइक प्राइस सिलेक्शन + ट्रेंड बायस
🎨 विजुअल हाइलाइट्स
कलर स्कीम
बुलिश सिग्नल: हरा/नीला
बेयरिश सिग्नल: लाल/नारंगी
न्यूट्रल सिग्नल: बैंगनी/ग्रे
अलर्ट सिग्नल: चमकीले रंग
लेयरिंग ऑर्डर
बैकग्राउंड: बेस लेवल
क्लाउड और बैंड्स: मध्य स्तर
MAs और लेवल्स: ऊपरी स्तर
लेबल और टेबल: सबसे ऊपर
⚠️ महत्वपूर्ण नोट्स
स्ट्रेंथ
कॉम्प्रिहेंसिव: सभी जरूरी टूल्स एक जगह
कस्टमाइजेबल: हर फीचर को adjust कर सकते हैं
विजुअल: कलर-कोडेड और यूजर-फ्रेंडली
मल्टी-टाइमफ्रेम: सभी टाइमफ्रेम्स पर काम करता है
लिमिटेशन्स
चार्ट क्लटर: बहुत सारे इंडिकेटर्स एक साथ
कंप्यूटेशन लोड: कई गणनाएं एक साथ
ओवरलैपिंग सिग्नल: कभी-कभी conflicting सिग्नल
सेटअप टाइम: इनिशियल कॉन्फ़िगरेशन समय लेता है
🚀 रेकमेंडेड सेटअप
शुरुआती उपयोगकर्ता
केवल क्लाउड और बोलिंगर बैंड्स enable करें
ट्रेंड टेबल को reference के रूप में use करें
धीरे-धीरे अन्य फीचर्स add करें
उन्नत उपयोगकर्ता
सभी फीचर्स enable करें
कंफर्मेशन के लिए multiple इंडिकेटर्स use करें
कस्टम कलर स्कीम सेट करें
व्यावसायिक ट्रेडर
मार्केट कंडीशन के अनुसार फीचर्स toggle करें
रिस्क मैनेजमेंट के लिए ATR एडजस्टमेंट use करें
बैकटेस्टिंग के लिए अलग-अलग कॉन्फ़िगरेशन try करें
यह indicator ट्रेडर्स को एक ही जगह पर सभी आवश्यक टूल्स प्रदान करता है, जिससे तेज़ और सटीक ट्रेडिंग डिसीजन लेने में मदद मिलती है। यह बहुत flexible है और विभिन्न ट्रेडिंग स्टाइल्स और स्ट्रेटेजीज के अनुकूल बनाया जा सकता है।
Quantum Mean Reversion Oscillator[Pineify]Quantum Mean Reversion Oscillator - Statistical Z-Score Based Trading Signals
The Quantum Mean Reversion Oscillator (QMR) is a statistically-driven momentum indicator designed to identify high-probability mean reversion opportunities in any market. Built on the foundation of Z-score analysis, this oscillator measures how far price has deviated from its statistical mean, expressed in standard deviations. When price stretches too far from equilibrium, it tends to snap back—this indicator captures those precise moments.
Key Features
Z-Score based oscillator measuring price deviation from dynamic mean
Adaptive EMA-based mean calculation for responsive trend detection
Customizable standard deviation multiplier for volatility adjustment
Built-in smoothing to filter market noise and reduce false signals
Visual gradient glow effect showing momentum intensity
Clear overbought/oversold threshold levels at +2.0 and -2.0
Automatic buy and sell signal generation on mean reversion events
Pre-configured alert conditions for automated trading workflows
How It Works
The indicator employs a three-step calculation process rooted in statistical analysis:
Dynamic Mean Calculation: Rather than using a simple moving average, the oscillator uses an Exponential Moving Average (EMA) as the basis. This makes the mean more responsive to recent price action while still maintaining statistical validity.
Z-Score Computation: The core of this indicator is the Z-score formula: (Price - Mean) / Standard Deviation. This transforms raw price data into a normalized scale where values represent how many standard deviations price has moved from its mean. A reading of +2.0 means price is two standard deviations above average—a statistically significant extreme.
Noise Reduction: The raw Z-score is smoothed using a Simple Moving Average to eliminate whipsaws and provide cleaner, more actionable signals.
Trading Ideas and Insights
Mean reversion is one of the most fundamental concepts in quantitative trading. Markets tend to oscillate around fair value, and extreme deviations often precede reversals. The QMR Oscillator quantifies this behavior:
When the oscillator exceeds +2.0, price is statistically overbought—approximately 95% of price action occurs below this level under normal distribution
When the oscillator drops below -2.0, price is statistically oversold—a zone where buying pressure typically emerges
The crossback signals (crossing back inside from extremes) indicate the reversion has begun, providing entry timing
This approach works particularly well in ranging markets and can identify exhaustion points in trending markets where pullbacks are likely.
How Multiple Indicators Work Together
The QMR Oscillator integrates three complementary statistical concepts into a unified framework:
EMA for Mean: Provides a responsive baseline that adapts to changing market conditions faster than traditional SMA, ensuring the "fair value" reference point stays relevant.
Standard Deviation for Volatility: Automatically adjusts the oscillator's sensitivity based on current market volatility. During high volatility, larger price moves are required to reach extreme readings, preventing false signals.
SMA Smoothing: Applied as a final filter to remove noise without introducing significant lag, balancing responsiveness with reliability.
These three components work synergistically—the EMA tracks the trend, standard deviation normalizes for volatility, and smoothing ensures signal quality.
Unique Aspects
Statistical Foundation: Unlike arbitrary oscillator boundaries, the +/-2.0 levels have statistical meaning—representing approximately 2 standard deviations from the mean
Visual Gradient System: The glow effect intensifies as price moves further from equilibrium, providing intuitive visual feedback on momentum strength
Adaptive Sensitivity: The deviation multiplier allows traders to adjust how extreme price must move before triggering signals, accommodating different trading styles and market conditions
How to Use
Add the indicator to your chart and observe the oscillator's position relative to the zero line and threshold levels
Look for buy signals (B markers) when the oscillator crosses back above -2.0 from oversold territory
Look for sell signals (S markers) when the oscillator crosses back below +2.0 from overbought territory
Use the gradient glow intensity to gauge momentum strength—brighter colors indicate more extreme conditions
Set up alerts using the built-in alert conditions for automated notifications
Customization
Mean Lookback (default: 20): Controls the EMA period for mean calculation. Shorter periods increase sensitivity; longer periods provide smoother readings
Deviation Multiplier (default: 2.0): Adjusts how many standard deviations define the bands. Higher values require more extreme moves for signals
Smoothing (default: 3): Controls noise filtering. Increase for smoother signals in choppy markets
Bullish/Bearish Glow Colors: Customize the visual appearance to match your chart theme
Show Reversion Signals: Toggle buy/sell markers on or off
Conclusion
The Quantum Mean Reversion Oscillator provides traders with a statistically rigorous tool for identifying mean reversion opportunities. By combining Z-score analysis with adaptive volatility measurement and intelligent smoothing, it offers a systematic approach to finding high-probability reversal points. Whether used as a standalone indicator or as confirmation for other analysis methods, the QMR Oscillator brings quantitative precision to mean reversion trading strategies.
Current & Previous Candle H/LA visual tool that shows you the High and Low prices of:
The CURRENT candle (bar) being formed.
The PREVIOUS candle (the one that just closed).
1. Quick Price Reference
Instantly see exact High/Low levels without hovering over candles
Useful when placing orders near these levels
2. Support/Resistance Visualization
Previous High/Low often acts as resistance/support
Current High/Low shows where price is pushing
3. Breakout Trading
Helps identify when price breaks above previous High (bullish breakout)
Or below previous Low (bearish breakout)
4. Risk Management
Set stop-losses below previous Low or above previous High
Place take-profits near current High/Low extensions
KMB Pro Signal V5.3.1Long / Short arrows: A new trade setup starts when a BUY or SELL arrow appears.
Entry line (blue): Plotted at the candle close where the arrow appears. This is the fixed entry reference for that setup.
SL line (red): Plotted immediately when the signal appears. This SL stays fixed for that setup (it does not trail/move later).
SL2 line (purple, optional): If enabled, a second stop level is shown as SL2 (LQSS). It’s an alternative “liquidity swing” stop level and also stays fixed once plotted.
TP lines (teal):
TP1 and TP2 are drawn when the signal appears.
If price reaches a TP, the script creates a new pair of TP lines starting from the hit moment (so you’ll then see TP3 / TP4, then TP5 / TP6, etc.).
The labels increase sequentially: TP1, TP2, TP3, TP4… (each “regen” adds two more TP labels).
After TP1 is hit, where does SL go?
SL does not move anywhere. The red SL line remains at the original SL level.
What changes is only the next TP pair, which gets redrawn and continues the TP numbering (TP3/TP4, etc.).
Infinity_Algo OscillatorInfinity_Algo Oscillator is an advanced momentum and market-bias indicator designed to identify high-probability reversals, trend direction, and institutional divergence .
It combines WaveTrend logic, smoothed Heikin-Ashi bias, volatility-adaptive momentum, and fractal-based divergence detection into a single oscillator. Smart buy/sell signals are generated only in overbought and oversold zones , helping to filter noise and false entries.
Key features include:
* Smart bullish & bearish reversal signals
* Regular and hidden divergence (bullish & bearish)
* Momentum histogram with strength visualization
* Direction-change and trend bias detection
* Full alert system for manual or automated trading
Designed for traders who rely on confluence, structure, and momentum , not basic oscillator crosses.
3-Signal Confirm-Break Strategy -SAFEThis is a trading strategy to show open and close signals. This is based on multiple factors. Confirmation is given before a trading strategy is given. This will be improved over time.
Relevant Levels RitradeOverview This indicator plots key price levels (Daily, Weekly, Monthly) with a unique "Smart Overlap" system. It is designed to keep charts clean by offsetting lines to the right of the price action and preventing labels from covering each other when price levels are identical.
Key Features
Smart Overlap Prevention: If two levels (e.g., Previous Day High and Weekly High) are at the exact same price, the script automatically shifts the second line to the right so both are visible side-by-side.
Origin Trace Lines: Faint, dotted grey lines connect the floating labels back to the specific candle where that High, Low, or Open actually occurred. This helps visualize exactly when the level was created.
Future Offset: Lines are drawn into the future (offset from the current bar) to avoid cluttering your analysis on current candles.
Exact Timing: The trace lines use precise time coordinates to find the exact swing high/low candle.
Included Levels (Toggleable)
PDH / PDL: Previous Day High & Low
PWH / PWL: Previous Week High & Low
DO / WO / MO: Daily, Weekly, and Monthly Opens
Settings You can customize the line colors, the offset distance (how far right the lines sit), the length of the lines, and the gap between overlapping lines.
Global OrderFlow CVD Div (USDT+USD + Multi-OI) [TheActualSnail]Global OrderFlow CVD Div (USDT+USD + Multi-OI)
Global OrderFlow CVD Div is a multi-venue order flow proxy that aggregates CVD (Cumulative Volume Delta) from several exchanges (USDT perpetuals + USD spot) and prints pivot-based divergence labels on the price chart. Optionally, it can filter those divergence labels using Open Interest (OI) trend for extra confluence.
This is designed as a “global read” of participation: perps for positioning, spot for real flow, and OI for leverage context.
What this indicator shows
1) Delta (Orderflow proxy)
Because true bid/ask orderflow isn’t available natively in Pine for most markets, this script uses an intrabar OHLCV proxy:
If intrabar close > open → volume counted as “buy”
If intrabar close < open → volume counted as “sell”
If doji → it falls back to close vs previous close
This happens on a Lower TF (intrabar timeframe), then sums intrabar volume inside each chart candle.
2) CVD (Cumulative Volume Delta)
CVD is the cumulative sum of Delta:
Positive CVD suggests net aggressive buying (proxy)
Negative CVD suggests net aggressive selling (proxy)
You can plot:
AVG CVD (aggregated signal)
Optionally each exchange’s CVD separately (debug / comparison)
3) Divergence labels (pivot-based)
The script marks divergences at confirmed pivots:
Regular Bullish Divergence (Bull Div)
Price makes a Lower Low
CVD makes a Higher Low
Regular Bearish Divergence (Bear Div)
Price makes a Higher High
CVD makes a Lower High
Optional:
Hidden Bullish Divergence (trend continuation type)
Price makes a Higher Low
CVD makes a Lower Low
Hidden Bearish Divergence (trend continuation type)
Price makes a Lower High
CVD makes a Higher High
All labels are drawn at the pivot candle (the pivot is confirmed after Pivot length bars).
Inputs & settings explained
Calculation
Lower TF for intrabars
Sets the timeframe used to build the intrabar delta proxy (ex: 30s / 1m / 3m).
Smaller = more precise, but heavier CPU.
Delta mode
Delta = raw (buy vol − sell vol)
Delta % = delta normalized by total intrabar volume (helps when mixing sources with different volume scales)
CVD reset
Controls when CVD is reset back to 0:
None = continuous cumulative
Daily / Weekly / Monthly = resets at timeframe boundary
Fixed time = resets at a specific hour/min in your chart’s timezone
Session (regular) = uses TradingView’s regular session start
Fixed time hour / min (only used when reset = Fixed time)
CVD Sources (USDT perps + USD spot)
Each source has two controls:
✅ Checkbox = enable/disable that venue in the aggregation
Symbol picker = the actual TradingView symbol used
Defaults include:
USDT perps (Binance/Bybit/OKX/Bitget)
USD spot (Binance USD, Coinbase USD, optionally Kraken/Bitstamp)
Blend method
Average = normalizes by number of enabled sources (recommended for “global” confluence)
Sum = adds them directly (can overweight high-volume venues)
Tip: If a symbol is invalid on your TradingView plan/region, just disable it or change it to a valid ticker.
Open Interest (Perps only)
OI is optional and used as a divergence “filter” (not required).
Enable OI filter = turn OI logic on/off
Per-exchange OI toggles + symbol pickers (Binance/Bybit/OKX/Bitget)
OI blend
Average = average OI from enabled sources (recommended)
Sum = summed OI
OI trend length
Lookback for rising/falling detection
Filter labels by OI
None = no filter
Require OI Rising = only show divergence labels when blended OI is rising
Require OI Falling = only show divergence labels when blended OI is falling
Note: Coinbase has no OI feed here, so OI is perps-only by design.
Divergences
Enable divergence labels = on/off
Pivot length = pivot strength (higher = fewer, stronger signals; lower = more signals)
Use wicks for pivots
ON = pivots use High/Low (more sensitive)
OFF = pivots use Close (more conservative)
Min CVD difference (filter)
Requires the CVD pivot value to differ from the previous CVD pivot by at least this amount.
Also show hidden divergences
Enables hidden divergence labels.
Visuals
Show AVG Delta histogram (pane) = plots aggregated delta columns
Show AVG CVD (pane) = plots the aggregated CVD line
Show each CVD (pane) = plots each venue’s CVD line (useful for checking alignment)
Show AVG OI (pane) = plots blended OI (if enabled)
Show zero line (pane) = plots the 0 baseline
Up/Bear colors = colors used for plots and labels
“Icons” you see in the Inputs panel
TradingView uses common UI controls:
✅ Checkbox → enable/disable a feature or a specific exchange/OI feed
🔽 Dropdown → choose modes like Reset type / Delta mode / Blend method / OI filter
🕒 Timeframe selector → choose Lower TF for intrabars
🎨 Color swatch → change label/plot colors
✏️ Symbol picker → choose the exact exchange ticker used by the script
How to use it (practical workflow)
Pick your sources
Keep 2–4 major venues enabled for clean signal (ex: Binance/Bybit/OKX + Coinbase).
If you see “Invalid symbol”, replace the symbol or turn that source off.
Set intrabar precision
Start with 1m lower TF.
If you need more detail and your chart is smooth, try 30s.
Tune divergence sensitivity
Pivot length 5–10 is a good range.
Use wicks ON for earlier signals; OFF for stricter confirmation.
Add confluence
Use the OI filter to avoid divergences that occur with the “wrong” leverage context.
Combine with HTF levels, market structure, liquidity zones, VWAP/POC/NPOC, etc.
Important notes / limitations
This is a proxy, not true bid/ask delta.
Different exchanges report volume differently; aggregation helps but won’t be perfect.
Pivots are confirmed, so labels appear after the pivot is formed (pivotLen bars later).
More enabled sources + smaller intrabar TF = heavier calculations.
Not financial advice
This indicator is for educational/informational purposes only and does not constitute financial advice. Markets are risky. Always validate signals with other confluences, use proper risk management, and make your own decisions.
Session Time Lines (NY Time)This clean indicator draws vertical dashed lines on the chart at key session times in New York time:
7:00 PM – Previous day session start
3:00 AM – Overnight session
9:30 AM – NY market open
It automatically removes the previous session’s lines when a new 7:00 PM occurs, keeping the chart clean. Lines are drawn directly on the price chart (overlay), making it easy to see market session transitions.
Works on intraday charts
Time-based vertical lines in New York time (DST-safe)
Shows only one cycle at a time for clarity
Non-intrusive, no calculations or trading signals
Precious Matrix Dynamic Days Script with Net📊 Precious Matrix – Dynamic Days with Net
Precious Matrix – Dynamic Days with Net is a multi-symbol dashboard indicator for TradingView that shows recent daily closes, day-to-day change, and net performance for up to 9 scripts in one clean, compact table.
It’s designed for quick market scanning, relative strength comparison, and short-term trend awareness — without switching charts.
🔹 What This Indicator Does
Displays up to 9 symbols in a single table
Shows:
Last N trading days closes
Daily change (Δ) for each day
Net change + % change over the selected period
Uses color coding:
🟢 Green = Positive move
🔴 Red = Negative move
⚫ Black = Flat / No change
Fully customizable table position, size, borders, and colors
Works on any chart timeframe (data is fetched from Daily timeframe internally)
⚙️ Key Features
✅ Choose number of days back (1 to 5)
✅ Toggle each symbol ON/OFF
✅ Supports up to 9 symbols
✅ Customizable:
Font size (Small / Medium / Large)
Table position (Top/Bottom – Left/Right)
Border width, border color, background color
Vertical offset (move table up/down)
✅ Shows:
Date + Day (Mo, Tu, We, etc.)
Close price
Daily change
Net change + Net %
🧭 How to Use
Add the indicator to any chart.
In settings:
Set “No. of Days Back” (e.g., 3 days)
Choose your symbols (NSE stocks, futures, or any TradingView symbol)
Enable/disable rows using Show Script 1–9
Adjust:
Table position
Font size
Colors and borders
Use the NET Δ column to quickly spot:
Strong performers
Weak performers
Flat / sideways instruments
📈 Who This Is For
Swing traders tracking short-term performance
Intraday traders doing pre-market or watchlist scanning
Investors comparing relative strength across multiple stocks
Anyone who wants a clean, fast, no-chart-switch dashboard
📝 Notes
All values are calculated from the Daily timeframe
Works on any chart timeframe
Net % is calculated from the oldest day in the selected range
Table updates on the last bar
⚠️ Disclaimer
This indicator is for educational and informational purposes only.
It does not provide buy/sell signals and should not be considered financial advice.
Always do your own analysis and risk management.
EMA 9 & 26 Crossover by SN TraderEMA 9 & 26 Crossover by SN Trader – Clean Trend Signal Indicator |
The EMA 9 & 26 Cross (+ Marker) indicator is a lightweight and effective trend-direction and momentum-shift tool that visually marks EMA crossover events using simple “+” symbols placed directly above or below price candles.
This indicator is ideal for scalping, intraday trading, and swing trading across Forex, Crypto, Stocks, Indices, and Commodities.
🔹 Indicator Logic
EMA 9 (Green) → Fast momentum
EMA 26 (Red) → Trend direction
🟢 Green “+” (Below Candle)
Appears when EMA 9 crosses ABOVE EMA 26
Indicates bullish momentum or trend continuation
🔴 Red “+” (Above Candle)
Appears when EMA 26 crosses ABOVE EMA 9
Indicates bearish momentum or potential trend reversal
📈 How to Use
✔ Look for Green “+” for bullish bias
✔ Look for Red “+” for bearish bias
✔ Trade in the direction of higher-timeframe trend
✔ Combine with RSI, UT Bot, VWAP, MACD, Support & Resistance for confirmation
✅ Best For
Trend identification
Momentum confirmation
Scalping & intraday entries
Swing trade timing
Multi-timeframe analysis
⚙️ Features
✔ Clean & minimal design
✔ Non-repainting crossover signals
✔ Works on all timeframes & markets
✔ Pine Script v6 compliant
✔ Beginner & professional friendly
⚠️ Disclaimer
This indicator is for educational purposes only and does not provide financial advice. Always use risk management and additional confirmation before trading.
Lele-Trend Market AnalysisThis is a TradingView Pine Script indicator for analyzing futures trading trends. Here's what it does:
Core Functionality:
Analyzes market trends using multiple technical indicators on a customizable timeframe
Displays trend strength classifications from "Neutral" to "Super Bullish/Bearish"
Key Indicators Used:
EMAs: 7, 21, 50, and 200-period exponential moving averages to identify trend direction
RSI: Relative Strength Index (14-period default) for momentum
ADX: Average Directional Index (14-period) to measure trend strength
VWAP: Volume Weighted Average Price for intraday levels
Parabolic SAR: For trend reversals and stop-loss placement
Trend Classification Logic:
Bullish: When 7 EMA > 21 EMA, price > VWAP, RSI > 50, ADX > 22
Bearish: When 7 EMA < 21 EMA, price < VWAP, RSI < 50, ADX > 22
Upgrades to "Very" or "Super" based on price position relative to 50 and 200 EMAs
Visual Features:
Plots all indicators on the chart with color-coded lines
Shows percentage and price difference labels on each candle
Dashboard table in the top-right displaying all indicator values and current trend status
It's essentially a comprehensive trend-following system that combines multiple timeframe analysis with strength classification.
Signal Tester📌 Signal Tester
🔍 Purpose
This script is a lightweight signal harness designed only for testing alerts, webhooks, and automation setups on TradingView.
It is not a trading strategy and not intended for profitability.
⚙️ How It Works
Designed exclusively for the 1-minute timeframe
After a defined start time, the script:
Sends a LONG entry
Then sends a CLOSE signal
Repeats this cycle for alert testing
Useful for:
Webhook testing (Binance / Bybit / custom bots)
Alert formatting validation
Strategy → Order Fills alerts
⏱ Time Control
You can choose:
Automatic start (X minutes before current time), or
Manual start timestamp (UTC)
This allows controlled testing without historical noise.
🔔 Alerts
Two alert methods are supported:
Strategy → Order fills (recommended)
Optional alertcondition() signals for custom workflows
You may customize alert messages directly from inputs.
⚠️ Important Notes
❗ Use only on 1-minute charts
❗ Not a trading system
❗ Not financial advice
❗ Designed purely for development, testing, and education
🧠 Original Work & Disclaimer
This script is an original implementation, built from scratch as a testing utility.
Inspired by common alert-testing concepts but not copied from or derived from any specific public script.
🛠 Recommended Use Cases
Testing exchange webhooks
Bot development & debugging
Learning TradingView alert mechanics
QA before deploying live automation
EMA 9 & 26 Crossover By SN TraderEMA 9 & 26 Crossover – Trend & Momentum Indicator For Scalpers
The EMA 9 & EMA 26 Crossover Indicator is a simple yet powerful trend-following tool designed to identify high-probability buy and sell signals based on short-term and medium-term momentum shifts.
This indicator is widely used by scalpers, intraday traders, and swing traders across Forex, Crypto, Stocks, Indices, and Commodities.
🔹 Indicator Logic
EMA 9 (Green) → Fast momentum
EMA 26 (Red) → Trend direction
BUY Signal
When EMA 9 crosses above EMA 26
Indicates bullish momentum and possible trend reversal or continuation
SELL Signal
When EMA 9 crosses below EMA 26
Indicates bearish momentum and potential downside movement
Clear BUY / SELL labels are plotted directly on the chart for easy visual confirmation.
📈 How to Trade Using This Indicator
✔ Enter BUY trades after EMA 9 crosses above EMA 26
✔ Enter SELL trades after EMA 9 crosses below EMA 26
✔ Use higher timeframes (15m, 1H, 4H) for stronger signals
✔ Combine with RSI, MACD, UT Bot, VWAP, Support & Resistance for confirmation
✅ Best Use Cases
Trend reversal identification
Momentum-based entries
Scalping & intraday strategies
Swing trading trend confirmation
Works on all timeframes
⚙️ Features
✔ Lightweight & fast
✔ Beginner-friendly
✔ Non-repainting signals
✔ Pine Script v6 compatible
✔ Clean visual design
⚠️ Disclaimer
This indicator is for educational purposes only and should not be considered financial advice. Always apply proper risk management and confirm signals with additional analysis.
Fractal HTF FVGHTF Fractal Fair Value Gap (FVG) Detector
This indicator identifies and displays Higher Timeframe Fair Value Gaps (HTF FVGs) on any chart using a fractal timeframe methodology.
The HTF can be selected automatically based on the current chart or set manually.
Only the nearest active (non-filled) bullish and bearish HTF FVGs relative to current price are shown, keeping the chart clean and focused on the most relevant imbalance zones.
Each FVG includes an optional 50% equilibrium (midline) to assist in evaluating reactions from premium and discount levels.
Key features
Fractal HTF logic (automatic or manual)
Shows only active, non-filled HTF FVGs
Displays the closest bullish and bearish FVG to price
Optional 50% FVG midpoint
Adjustable visibility and styling options
Designed for clear multi-timeframe bias and execution context
This indicator is intended for traders who incorporate market imbalance, displacement, and higher-timeframe structure into their analysis.
Disclaimer
This indicator is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instrument. Trading involves risk, and past performance is not indicative of future results. Users are solely responsible for their trading decisions and risk management.
EMA 9 / 15 / 20 / 26EMA 9 / 15 / 20 / 26 – Multi EMA Trend Indicator (Pine Script v6)
This indicator plots four Exponential Moving Averages (EMAs) — 9, 15, 20, and 26 — on the price chart to help traders identify trend direction, momentum strength, and dynamic support/resistance zones.
Designed for scalping, intraday trading, and swing trading, this script works across Forex, Crypto, Stocks, Indices, and Commodities on all timeframes.
🔹 EMA Settings & Color Coding
EMA 9 (Red) → Very fast momentum
EMA 15 (Green) → Short-term trend
EMA 20 (Yellow) → Intermediate trend filter
EMA 26 (Blue) → Trend confirmation & pullback zone
📈 How to Use
Bullish Trend
EMA 9 > EMA 15 > EMA 20 > EMA 26
Price holding above EMAs
Buy on pullbacks toward EMA 15 / EMA 20
Bearish Trend
EMA 9 < EMA 15 < EMA 20 < EMA 26
Price below EMAs
Sell on pullbacks toward EMA 15 / EMA 20
Sideways Market
EMAs tangled together
Avoid trades or switch to range strategies
✅ Best Use Cases
EMA crossover confirmation
Trend filtering for scalping strategies
Pullback entries
Support & resistance mapping
Works perfectly with UT Bot, RSI, MACD, VWAP, Price Action
⚙️ Features
✔ Lightweight & non-repainting
✔ Pine Script Version 6 compliant
✔ Works on all symbols & timeframes
✔ Beginner-friendly & professional-grade
⚠️ Disclaimer
This indicator is for educational purposes only. It does not provide financial advice. Always use proper risk management and confirm signals with additional indicators or price action.
Advanced Trading Forecast Calculator # Advanced Trading Forecast Calculator
## Overview
The Advanced Trading Forecast Calculator is a comprehensive performance analytics dashboard that transforms manual trading data into institutional-grade insights. This tool bridges the gap between basic win rate calculations and professional risk management by implementing quantitative finance methodologies typically found in hedge fund trading desks.
## What Makes This Script Original
This indicator synthesizes multiple independent analytical frameworks into a unified system that addresses the complete lifecycle of trading performance analysis:
**Multi-Dimensional Risk Analysis** - Integrates Value-at-Risk (VaR) calculations, tail risk assessment, drawdown analysis, and leverage risk modeling into a cohesive risk framework. The system calculates both statistical risk (95% confidence VaR) and extreme event risk (99% tail risk) using position-size weighted methodologies.
**Kelly Criterion Implementation** - Applies the Kelly formula (optimal_f = (win_rate × reward_risk_ratio - loss_rate) / reward_risk_ratio) to determine mathematically optimal position sizing. The calculator compares your current position size against the Kelly-optimal size and flags over-leveraging risks.
**Market Regime Adaptation** - Adjusts performance projections based on economic cycle stage (Recession/Recovery/Expansion/Peak) using regime-specific multipliers derived from historical market behavior. Incorporates volatility normalization, sector concentration penalties, and correlation-adjusted risk metrics.
**Behavioral Finance Quantification** - Converts subjective trading discipline into quantifiable scores by tracking revenge trades, FOMO entries, stop-loss adherence, and planned versus impulsive execution. Calculates a composite discipline score that correlates with long-term profitability.
**Advanced Risk-Adjusted Returns** - Implements three distinct risk-adjusted metrics: Sharpe Ratio (excess return per unit of total volatility), Sortino Ratio (excess return per unit of downside deviation), and Calmar Ratio (annualized return divided by maximum drawdown). Each metric reveals different aspects of risk-adjusted performance.
## How It Works
### Core Calculation Methodology
**Expectancy Framework**: The calculator uses mathematical expectancy theory to project outcomes. For each trade, it calculates: Expected_Value = (Win_Rate × Avg_Win) - (Loss_Rate × Avg_Loss). This expectancy is then multiplied by trading frequency to generate monthly and annual projections.
**Risk Metrics**: Volatility is estimated using the square root of time scaling (√252 for annual volatility) applied to the average absolute deviation between wins and losses. This volatility feeds into Sharpe and Sortino ratio calculations using the formula: (Annualized_Return - Risk_Free_Rate) / Volatility.
**Drawdown Modeling**: Maximum drawdown is estimated using binomial probability theory to calculate the expected longest losing streak: Max_Consecutive_Losses = -ln(0.01) / ln(1 - Loss_Rate). This is then multiplied by average loss size to estimate peak-to-trough decline.
**Market Correlation Adjustment**: Beta-adjusted risk is calculated as: Beta_Risk = |Correlation_to_Market| × Market_Volatility. This quantifies how much of your risk comes from general market movements versus strategy-specific factors.
**Regime Analysis**: Return projections are modified based on economic cycle stage using empirically-derived multipliers (Expansion: 1.15x, Peak: 0.95x, Recovery: 1.05x, Recession: 0.75x). Additional stress testing applies macro factors including interest rate sensitivity, inflation impact, and geopolitical event frequency.
### Performance Scoring System
The script generates composite scores across multiple dimensions:
**Strategy Viability Score** (0-20 points): Checks if expected return per trade is positive, Kelly criterion is viable (>0), and profit factor exceeds 1.2 (indicating edge exists).
**Execution Quality Score** (0-15 points): Evaluates profit factor tiers (>1.5, >1.2, >1.0) and mathematical expectancy levels (>2%, >1%, >0.5%).
**Discipline Score** (0-15 points): Weights stop-loss adherence, profit target discipline, and planned trade percentage equally to create a behavioral quality metric.
**Risk-Adjusted Performance Score** (0-10 points): Tiered scoring based on Sharpe ratio thresholds (>1.5, >1.0, >0.5).
**Market Adaptation Score** (0-10 points): Evaluates timing edge (difference between best and worst trading hours), weekly consistency, and earnings season alpha.
**Risk Management Score** (0-10 points): Assesses margin utilization efficiency, overnight position performance, and portfolio diversification.
**Macro Resilience Score** (0-5 points): Measures robustness to interest rate changes, inflation, and geopolitical shocks.
These subscores combine into an overall rating from EXCEPTIONAL (85+) to POOR (<25), providing a single performance quality metric.
## Key Features
**10-Column Dashboard**: Displays 90+ metrics organized into Account, Performance, Projections, Risk, Psychology, Goals, Actual Results, Market Regime, Timing Edge, and Scores categories.
**Visual Performance Tracking**: Plots actual returns against expected benchmark, regime-adjusted projections, and stress-tested scenarios. Includes drawdown area chart and VaR reference lines.
**15 Smart Alerts**: Automated notifications for target achievement, drawdown warnings, discipline deterioration, excessive leverage, high volatility, exceptional performance, and timing edge detection.
**Dynamic Color Coding**: Green/yellow/red highlighting automatically identifies strong metrics, warning zones, and problem areas across the entire dashboard.
**Customizable Display**: Adjustable table position (9 options), size (3 levels), and fully customizable color scheme with 11 independent header colors.
## How to Use This Indicator
### Step 1: Input Your Account Data
- Enter current account size and equity value
- Set position sizing percentage and maximum simultaneous positions
- Input commission and slippage costs
### Step 2: Enter Historical Performance
- Record total trades taken and winning trades
- Calculate and enter average gain percentage and average loss percentage
- Input your actual win rate, largest win, largest loss
- Note consecutive win and loss streaks
### Step 3: Add Psychology Metrics
- Count revenge trades (trades taken to "get even" after losses)
- Count FOMO trades (impulsive entries from fear of missing out)
- Estimate percentage of planned versus impulsive trades
- Rate your stop-loss discipline and profit target discipline honestly
### Step 4: Configure Market Environment
- Set current market volatility (VIX or similar measure)
- Assess your strategy's correlation to the broader market (-1 to +1)
- Calculate sector concentration percentage
- Select current economic cycle stage
### Step 5: Input Advanced Risk Metrics
- If known, enter Value-at-Risk at 95% confidence level
- Record overnight position statistics
- Note leverage usage and margin utilization
- Input macro sensitivity factors
### Step 6: Analyze Results
The dashboard automatically calculates and displays:
- Whether your strategy is mathematically viable
- Optimal Kelly position size versus your current sizing
- Expected monthly and annual returns with regime adjustments
- Risk-adjusted performance metrics (Sharpe, Sortino, Calmar)
- Estimated time to reach your financial goals
- Composite performance score and rating
### Step 7: Act on Insights
- If Kelly Gap is positive (red), reduce position size to optimal level
- If Discipline Score is below 80%, focus on execution quality
- If Strategy shows NOT VIABLE, reassess methodology fundamentally
- If Sharpe Ratio is below 0.5, risk-adjusted returns are insufficient
- Monitor alerts for real-time warnings about risk levels
## What This Script Does NOT Do
This indicator does NOT generate trading signals, execute trades, or provide buy/sell recommendations. It is purely an analytical and educational tool for performance evaluation. It does NOT predict future market movements or guarantee results.
## Why Protected Source Code
The source code is protected because it contains proprietary implementations of:
- Multi-factor composite scoring algorithms with empirically-tuned weight distributions
- Regime-specific adjustment multipliers derived from extensive backtesting across economic cycles
- Integrated risk calculation frameworks that synthesize VaR, tail risk, and drawdown methodologies
- Behavioral scoring systems that quantify psychological factors with predictive correlations to future performance
- Optimized table rendering logic for displaying 90+ metrics without performance degradation
These implementations represent significant research and development work that differentiates this calculator from basic performance trackers.
## Intended Users
This tool is designed for:
- Active traders seeking institutional-grade performance analysis
- Traders wanting to quantify and improve their trading discipline
- Those learning quantitative risk management and position sizing theory
- Traders who maintain detailed trading journals and want deeper insights
- Anyone wanting to understand if their strategy has a genuine mathematical edge
## Important Notes
All projections assume historical performance patterns will continue, which is never guaranteed. Past performance does not indicate future results. The Kelly Criterion suggests optimal sizing under ideal conditions but should be reduced (typically 25-50% of full Kelly) for practical implementation. Risk metrics are estimates based on input data quality. This tool is for educational and analytical purposes only.
## Chart Requirements
The indicator displays on a clean chart with no other scripts needed. It creates an overlay-false subplot showing equity curves and drawdown visualization, plus a comprehensive table overlay on the price chart. All symbol and timeframe information remains visible.
## Updates and Maintenance
This indicator receives ongoing updates to incorporate new risk metrics, improve calculation accuracy, and add requested features while maintaining backward compatibility with existing user configurations.
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**Version**: 6 (Pine Script v6)
**Type**: Indicator (Not a Strategy - No Backtest Required)
**Display**: Overlay = False (Separate Pane) + Table Overlay
