My strategyThe Combination 1 strategy is a precision-based breakout and retest setup designed for the EUR/USD 2-minute chart, operating during the Asia and London sessions (UTC-4). It identifies a unique consolidation zone where price, the 20-period SMA, and the 200-period SMA all align within a tight 2-pip range, signaling potential buildup. Once price breaks 10 to 15 pips above this consolidation area, the strategy waits for a retest—specifically, a wick that touches the zone, followed by a bullish close. This confirms buyer strength and triggers a BUY alert, with the take profit set at the breakout high and the stop loss at the recent swing low. This strategy filters for clean trends and disciplined breakouts, minimizing noise and maximizing precision.
Educational
Trading CalculatorTrading Calculator Indicator
VIBE CODED WITH GROK 3
The Trading Calculator is a Pine Script indicator designed to perform quick and useful trading-related calculations directly on your chart. It allows traders to execute basic arithmetic operations—such as addition, subtraction, multiplication, and division—as well as calculate percent change and average using either numerical values or trading variables (e.g., close, open, high, low, volume). The indicator displays its results in a table that resembles a calculator interface, making it both functional and visually intuitive. Unlike typical indicators, it does not overlay on the price chart but instead appears in a separate pane.
Inputs
Formula (new | old): First value or variable (e.g., 100, close, close ). Example: close uses the current closing price.
Operator: Mathematical operation (e.g., Plus, Minus, Multiply). Example: Plus adds the two inputs.
Second Input: Second value or variable (e.g., 50, open, close ). Example: open uses the current opening price.
Buy sell Volume STThis indicator analyzes the flow of volume and price changes to identify potential trends.
Understanding Volume Indicator: A Comprehensive Guide
Introduction. The volume indicator is a vital tool investors and traders use to understand the liquidity and market activity in trading
Volume RatioThis is an indicator that compare the volume of the current bar with the previous bar to find volume ratio between two bars. If the ratio is higher than the criteria, it will shows on the chart.
Meaning of number on the chart. For example, if the number is 5.25, it means the current bar has volume 5.25 times higher than the previous bar.
You can have up to 3 criteria ratio. The default criteria values are 5, 10 and 20. You can customize the criteria ratio and the color belong to each criteria.
You can also customize text size, text position and text format.
I use this indicator with the watchlist to set alert when some assets have a volume spike. 😁
Hope you like it.
EMA Cross by RA4 ema indicator, shows buy sell signal on the cross of ema 1 and ema 2, ema 3 and ema 4 are optional to add, and may be of any length/period.
Contrarian Market Structure BreakMarket Structure Break application was inspired and adapted from Market Structure Oscillator indicator developed by Lux Algo. So much credit to their work.
This indicator pairs nicely with the Contrarian 100 MA and can be located here:
Indicator Description: Contrarian Market Structure BreakOverview
The "Contrarian Market Structure Break" indicator is a versatile tool tailored for traders seeking to identify potential reversal opportunities by analyzing market structure across multiple timeframes. Built on Institutional Concepts of Structure (ICT), this indicator detects Break of Structure (BOS) and Change of Character (CHoCH) patterns across short-term, intermediate-term, and long-term swings, plotting them with customizable lines and labels. It generates contrarian buy and sell signals when price breaks key swing levels, with a unique "Blue Dot Tracker" to monitor consecutive buy signals for trend confirmation. Optimized for the daily timeframe, this indicator is adaptable to other timeframes with proper testing, making it ideal for traders of forex, stocks, or cryptocurrencies.
How It Works
The indicator combines three key components to provide a comprehensive view of market dynamics: Multi-Timeframe Market Structure Analysis: It identifies swing highs and lows across short-term, intermediate-term, and long-term periods, plotting BOS (continuation) and CHoCH (reversal) events with customizable line styles and labels.
Contrarian Signal Generation: Buy and sell signals are triggered when the price crosses below swing lows (buy) or above swing highs (sell), indicating potential reversals in overextended markets.
Blue Dot Tracker: A unique feature that counts consecutive buy signals ("blue dots") and highlights a "Hold Investment" state with a yellow background when three or more buy signals occur, suggesting a potential trend continuation.
Signals are visualized as small circles below (buy) or above (sell) price bars, and a table in the bottom-right corner displays the blue dot count and recommended action (Hold or Flip Investment), enhancing decision-making clarity.
Mathematical Concepts Swing Detection: The indicator identifies swing highs and lows by comparing price patterns over three bars, ensuring robust detection of pivot points. A swing high occurs when the middle bar’s high is higher than the surrounding bars, and a swing low occurs when the middle bar’s low is lower.
Market Structure Logic: BOS is detected when the price breaks a prior swing high (bullish) or low (bearish) in the direction of the current trend, while CHoCH signals a potential reversal when the price breaks a swing level against the trend. These are calculated across three timeframes for a multi-dimensional perspective.
Blue Dot Tracker: This feature counts consecutive buy signals and tracks the entry price. If three or more buy signals occur without a sell signal, the indicator enters a "Hold Investment" state, marked by a yellow background, until the price exceeds the entry price or a sell signal occurs.
Entry and Exit Rules Buy Signal (Blue Dot Below Bar): Triggered when the closing price crosses below a swing low on either the intermediate-term or long-term timeframe, suggesting an oversold condition and potential reversal upward. Short-term signals can be enabled but are disabled by default to reduce noise.
Sell Signal (White Dot Above Bar): Triggered when the closing price crosses above a swing high on either the intermediate-term or long-term timeframe, indicating an overbought condition and potential reversal downward.
Blue Dot Tracker Logic: After a buy signal, the indicator increments a blue dot counter and records the entry price. If three or more consecutive buy signals occur (blueDotCount ≥ 3), the indicator enters a "Hold Investment" state, highlighted with a yellow background, suggesting a potential trend continuation. The "Hold Investment" state ends when the price exceeds the entry price or a sell signal occurs, resetting the counter.
Exit Rules: Traders can exit buy positions when a sell signal appears, the price exceeds the entry price during a "Hold Investment" state, or based on additional confirmation from BOS/CHoCH patterns or other technical analysis tools. Always use proper risk management.
Recommended Usage
The indicator is optimized for the daily timeframe, where it effectively captures significant reversal and continuation patterns in trending or ranging markets. It can be adapted to other timeframes (e.g., 1H, 4H, 15M) with careful testing of settings, particularly enabling/disabling short-term structure analysis to suit market conditions. Backtesting is recommended to optimize performance for your chosen asset and timeframe.
Customization Options Market Structure Display: Toggle short-term, intermediate-term, and long-term structures on or off, with customizable line styles (solid, dashed, dotted) and colors for bullish and bearish breaks.
Labels: Enable or disable BOS/CHoCH labels for each timeframe to reduce chart clutter.
Signal Visibility: Hide buy/sell signals if desired for a cleaner chart.
Blue Dot Tracker: Monitor the blue dot count and action (Hold or Flip Investment) via the table display, which is fully customizable in terms of position and appearance.
Why Use This Indicator?
The "Contrarian Market Structure Break" indicator offers a robust framework for identifying high-probability reversal and continuation setups using ICT principles. Its multi-timeframe analysis, clear signal visualization, and innovative Blue Dot Tracker provide traders with actionable insights into market dynamics. Whether you're a swing trader or a day trader, this indicator’s flexibility and intuitive design make it a valuable addition to your trading arsenal.
Note for TradingView Moderators
This script complies with TradingView's House Rules by providing an educational and transparent description without performance claims or guarantees. It is designed to assist traders in technical analysis and should be used alongside proper risk management and personal research. The code is original, well-documented, and includes customizable inputs and clear visual outputs to enhance the user experience.
Tips for Users:
Backtest thoroughly on your chosen asset and timeframe to validate signal reliability. Combine with other indicators or price action analysis for confirmation of entries and exits. Adjust timeframe settings and enable/disable short-term structures to match market volatility and your trading style.
Hope the "Contrarian Market Structure Break" indicator enhances your trading strategy and helps you navigate the markets with confidence! Happy trading!
Futures Support & Resistance LevelsMulti-Timeframe Support & Resistance Levels for Futures Trading
Description:
This indicator automatically identifies and displays key support and resistance levels using multiple technical analysis methods. Designed specifically for futures traders (ES, NQ, etc.), it provides a clean, organized view of important price levels.
Key Features:
Multiple Detection Methods: Combines pivot points, daily ranges, and psychological levels
Smart Ranking System: Levels are numbered by strength (1 = strongest)
Clean Visualization: Extended lines across the chart with clear price labels
Confluence Detection: Highlights areas where multiple levels converge
Customizable Display: Adjust colors, line styles, and label sizes
Level Types Identified:
Daily High/Low (current session)
Previous Daily High/Low
Pivot-based Support/Resistance
Psychological Round Numbers
Confluence Zones (multiple levels clustering)
Technical Approach:
The indicator uses a strength-scoring algorithm to rank levels by importance. Daily levels receive the highest weighting (2.0), followed by previous daily levels (1.5), pivot points (1.0), and psychological levels (0.5). This helps traders focus on the most significant levels.
Visual Elements:
Solid lines = Strong levels
Dashed lines = Medium levels
Dotted lines = Weak levels
Optional technical condition markers for educational analysis
Best Used For:
Identifying key intraday levels for futures trading
Finding high-probability reversal zones
Setting logical stop-loss and take-profit levels
Recognizing confluence areas for stronger setups
Note:
This is a technical analysis tool for educational purposes. No indicator can predict future price movements. Always use proper risk management and combine with other forms of analysis.
Target Trend v1.0 [MkTrade]Target Trend is an intelligent trend indicator that automatically detects the trend direction and displays key levels on the chart: entry, stop, and up to 3 target (take-profit) levels.
🧠 How It Works:
The indicator uses moving averages and an adapted ATR to:
📈 Detect uptrends or downtrends;
🔄 Identify change of character (CHoCH) trend shifts;
🎯 Plot entry, stop-loss, and take-profit levels in the direction of the trend;
🧱 Visually display these levels with lines and labels on the chart;
✅ Mark targets hit and stop-outs with a checkmark or cross icon.
⚙️ Settings:
Trend Length – moving average period (default is 10);
Set Targets – additional multiplier for target levels;
All targets are dynamically calculated using volatility (ATR 200).
🔔 Alerts:
The indicator detects and supports alerts for:
Trend reversals (up/down),
Target (TP) hits,
Stop-loss activation.
You can enable these in the TradingView Alerts Panel.
✅ Benefits:
Fully automatic – no manual drawing required;
Convenient – all key levels are visualized directly on the chart;
Flexible – can be adapted to any strategy;
Clear visuals – clean interface with intuitive colors.
📋 How to Use:
Add the indicator to your chart;
Wait for a trend reversal signal (triangle + colored candle);
Enter at the current candle (Entry line);
Monitor price reaching T1–T3 or stop level;
Use alerts for automation if needed.
Target Trend — это интеллектуальный трендовый индикатор, который автоматически определяет направление тренда и отображает ключевые уровни: вход, стоп и до 3-х целей (тейков) на графике.
🧠 Как работает:
Индикатор использует скользящие средние и адаптированный ATR для:
📈 Определения восходящего или нисходящего тренда;
🔄 Определения моментов смены тренда (CHoCH);
🎯 Построения уровней входа, стоп-лосса и тейков в направлении тренда;
🧱 Отображения целей в виде уровней и меток на графике;
✅ Отмечает достигнутые цели и срабатывание стопа (визуально — галочкой и крестиком).
⚙️ Настройки:
Trend Length — длина скользящей средней (по умолчанию 10);
Set Targets — дополнительный множитель для расчёта тейков;
Все цели рассчитываются динамически с учётом волатильности (ATR 200).
🔔 Алерты:
Индикатор распознаёт сигналы на:
смену тренда (вверх/вниз),
достижение целей (тейков),
срабатывание стопа.
Можно включить в окне алертов TradingView.
✅ Преимущества:
Полностью автоматический: не требует ручной разметки.
Удобство: уровни и цели отображаются прямо на графике.
Гибкость: можно адаптировать под любую стратегию.
Визуальная ясность: приятные цвета, чистый интерфейс.
📋 Как использовать:
Добавь индикатор на график.
Дождись сигнала смены тренда (треугольник и свеча с цветом тренда).
Вход осуществляется на текущем баре (линия Entry).
Следи за достижением целей T1–T3 или стопа.
Можно использовать алерты для автоматизации.
Переведи на английский
VisionThis indicator helps visually distinguish and analyze the Asian, London, and New York trading sessions. It's a great tool for intraday traders focusing on time-based liquidity zones.
🔧 Features:
Asian range box, London / New York high-low lines with distinct colors.
Customizable time windows, Asian range deviations and colors.
My Own Trading Principles - for Avoiding Emotional TradingThis indicator lets you clearly mark your personal trading principles right on the chart.
Far too often, traders dive into the market without clear guidelines, only to find themselves facing substantial losses and ultimately stepping away discouraged.
Imagine having your own carefully-crafted set of trading rules?tailored just for you. By adhering to these principles, you can better manage risks, limit losses, and build a sustainable, long-term approach to trading.
Writing notes on your monitor or jotting them down on random sticky pads can be forgettable?and let's admit it, we've all misplaced a note or two! Why not keep your rules clearly visible directly on your chart, guiding your trades with consistency and confidence?
When I first began trading, my mentors consistently emphasized the importance of having my own set of trading principles. And guess what?they were right! It really does matter.
I've included numerous menu options so you can freely customize its appearance.
This script is open-source; feel free to modify and adapt it to your own needs.
DP_ORB Entry & Exit IndicatorDisclaimer:
This indicator is for educational purposes only. It does not constitute financial advice. Always do your own research and manage your risk. Also, I cannot take full credit for 'ORB' as its a well known strategy amongst many traders, but I do need to give a special shout out to @TheBigDaddyMax for putting me on to this.
DP_ORB Entry & Exit Indicator
Description:
The DP_ORB Entry & Exit Indicator is a powerful tool designed for traders who utilize the Opening Range Breakout (ORB) strategy on the NYSE session. This indicator visually identifies the initial volatility window of the trading day, by marking the 15m High, and 15m Low into a ORB Box, & then tracks breakout opportunities, and provides clear, dynamic trade management levels—all directly on your chart.
Key Features:
Automatic Opening Range (ORB) Box:
Identifies and plots the high and low of the user-defined opening range (default 9:30–9:45 NYSE) for visual reference and strategy foundation.
Breakout Entry Signals:
Automatically detects and marks long or short breakout entries when price closes above or below the ORB range, with additional momentum confirmation.
Dynamic Stop Loss:
Stop loss is intelligently set to the previous bar’s low for long trades (or high for shorts), adapting to market structure at entry.
Take Profit Targets:
Up to three fully adjustable take-profit levels are plotted, calculated as percentages from entry, supporting progressive trade management.
Visual Trade Management:
Entry, stop loss, and take profit levels are displayed as extending dashed lines from entry point to the current bar, with labels always shown just to the right of price for clarity on all timeframes.
Automatic Reset and Cleanup:
Visuals and logic reset daily and upon exit, ensuring a clean, uncluttered chart experience.
How to Use:
Set your preferred opening range time and take profit levels in the settings.
Wait for a breakout and confirmation during the NYSE session.
Use the on-chart lines and labels to manage your trade according to your risk and strategy plan.
Best For:
Day traders and scalpers seeking a disciplined, visual, and fully-automated approach to opening range breakout trading.
Zinc Model [Mr Zinc x MMT]The Zinc Model is a TradingView indicator designed to assist traders by plotting key price levels from two defined trading sessions: the previous day's session (4:00 AM to 8:00 PM) and the current day's London session (4:00 AM to 9:15 AM). It overlays horizontal lines for session highs, lows, and midpoints (EQ levels), along with a vertical anchor line to mark session starts. The indicator is highly customizable, allowing traders to tailor its appearance and focus on specific sessions for strategic analysis.
Features
Session-Based Levels : Tracks and displays high, low, and midpoint (50% EQ) levels for two sessions: the previous day's session and the current day's London session.
Customizable Display : Users can toggle visibility of high, low, EQ levels, and session anchor lines, with options to adjust line styles, colors, and widths.
Session Selection : Configurable session show times (default: 8:00 AM to 4:00 PM in New York time) for displaying levels, with a projection offset to extend lines into future bars.
Labels: Optional labels for each level (High, Low, EQ) with customizable sizes (Tiny, Small, Normal, Large) for clear identification.
Time Zone Support : Anchors sessions to a specified time zone (default: America/New_York).
How It Works
The indicator calculates key price levels based on two user-defined sessions:
- Previous Day Session (4:00 AM–8:00 PM) : Tracks the high, low, and midpoint (50% of the range) of the previous day's session.
- London Session (4:00 AM–9:15 AM) : Tracks the high, low, and midpoint of the current day's London session.
- Levels Displayed :
High/Low Levels : Horizontal lines at the highest and lowest prices of each session.
EQ Level : A horizontal line at the 50% midpoint of the session's range.
Anchor Line : A vertical line marking the start of the user-defined display session.
- Levels are plotted during a user-specified "Show Session" time window (default: 8:00 AM–4:00 PM) and extended forward by a configurable number of bars (default: 15).
- The indicator updates dynamically as new highs or lows occur within the active session.
Usage
- Add to Chart : Apply the indicator to any TradingView chart.
- Configure Settings :
Session Settings : Adjust the "Session Show Time" (default: 8:00 AM–4:00 PM) and time zone to align with your trading strategy.
Projection Offset : Set the number of bars to extend level lines into the future.
Anchor Line : Toggle the vertical line at session start and customize its style, color, and width.
High/Low/EQ Levels : Enable or disable lines and labels for each session's high, low, and midpoint, and customize their appearance.
Label Size : Choose from Tiny, Small, Normal, or Large for level labels.
- Interpret Levels :
High/Low Lines : Act as potential resistance (high) or support (low) levels.
EQ Line : Represents the session's midpoint, often a pivot point for price action.
Anchor Line : Marks the start of the display session for context.
- Trading Application : Use levels to identify support/resistance zones, set entry/exit points, or confirm breakouts during the specified session.
Settings
- Session Settings :
Session Show Time : Defines when levels are displayed (default: 8:00 AM–4:00 PM).
Projection Offset : Extends lines forward (default: 15 bars).
Time Zone : Sets the session time zone (default: America/New_York).
- Anchor Line Settings : Toggle visibility, style (Solid, Dashed, Dotted), color, and width.
- High/Low/EQ Settings : Separate controls for previous day and London sessions to toggle visibility, adjust line styles (Solid, Dashed, Dotted), colors, widths, and label visibility.
- Label Size : Options for Tiny, Small, Normal, or Large to adjust label appearance.
Ideal Use Case
The Zinc Model is ideal for day traders and swing traders focusing on session-based price action, particularly those trading forex, indices, or other markets with significant activity during the London session. It helps identify key support, resistance, and pivot levels for intraday strategies, with flexible settings to suit various timeframes and trading styles.
Scalping Candle [Crak x MMT]The Scalping Candle is a TradingView indicator designed for scalping strategies, identifying potential bullish and bearish engulfing patterns on price charts. It overlays directly on the chart and marks specific candle patterns with visual signals, helping traders spot short-term trading opportunities. The indicator includes a customizable bias filter to focus on bullish, bearish, or neutral market conditions.
Features
Overlay Indicator : Displays bullish and bearish signals directly on the price chart.
Bias Filter : Allows users to select a market bias ('Bullish', 'Bearish', or 'Neutral') to filter signals based on their trading preference.
Visual Signals : Plots green upward triangles below bullish candles and red downward triangles above bearish candles.
Alerts : Generates alerts for bullish and bearish engulfing patterns, enabling timely notifications for trade setups.
How It Works
The indicator analyzes the relationship between the current and previous candles to detect engulfing patterns:
Bullish Engulfing : Triggered when the current candle's low is at or below the previous candle's low, and its close is at or above the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bullish'.
Bearish Engulfing : Triggered when the current candle's high is at or above the previous candle's high, and its close is at or below the previous candle's midpoint. This signal is displayed only if the bias filter is set to 'Neutral' or 'Bearish'.
The previous candle's midpoint is calculated as the average of its high and low prices.
Usage
- Add to Chart : Apply the indicator to any TradingView chart.
- Configure Bias Filter :
Neutral : Displays both bullish and bearish signals.
Bullish : Displays only bullish signals.
Bearish : Displays only bearish signals.
- Interpret Signals :
Green upward triangle below a candle indicates a potential bullish reversal.
Red downward triangle above a candle indicates a potential bearish reversal.
- Set Alerts : Use the built-in alert conditions to receive notifications when bullish or bearish engulfing patterns are detected.
Settings
Bias Filter : Choose between 'Neutral', 'Bullish', or 'Bearish' to control which signals are displayed.
Shape Size : Signals are plotted as small triangles for minimal chart clutter.
Alert Conditions : Enable alerts for 'Bullish Engulfing Detected' or 'Bearish Engulfing Detected' to stay informed of new signals.
Ideal Use Case
This indicator is tailored for scalpers and short-term traders looking to capitalize on quick price movements driven by engulfing candle patterns. It works best on 15-minute chart and can be combined with other technical tools for confirmation.
Fadi ffa **Fadi Dynamic Trend Indicator**
The **Fadi Dynamic Trend Indicator** is a comprehensive technical analysis tool designed to assist traders in identifying trends, key price levels, and potential reversal points across various markets and timeframes. By combining dynamic trend detection, statistical price channel analysis, and advanced reversal point identification, this indicator provides actionable insights for trend-following, breakout, and reversal trading strategies.
**How It Works**:
This indicator integrates three complementary components to deliver clear trading signals and a deeper understanding of market dynamics:
1. **Dynamic Trend Detection**: Utilizes a proprietary algorithm based on the Average True Range (ATR) to calculate dynamic support and resistance levels. It generates Buy and Sell signals when the price crosses these levels, indicating potential trend changes. Traders can customize the trend strength and sensitivity to suit their trading style.
2. **Price Channel Analysis**: Plots a statistical channel based on price regression, highlighting the trend's direction and range. The channel dynamically extends to the right, helping traders identify breakout zones and trend continuation patterns.
3. **Reversal Point Detection**: Identifies significant high and low points in the market, marking them with triangle symbols (▼ for highs, ▲ for lows). Additionally, it highlights "missed" reversal levels (also marked with ▼ and ▲) to indicate potential price zones that have not yet been tested, offering unique insights into untapped market opportunities.
**How to Use**:
- **Timeframes**: The indicator performs well on various timeframes, with optimal results on 15-minute to 1-hour charts for scalping or swing trading.
- **Signals**: Look for Buy (green "BUY" label below the bar) and Sell (red "SELL" label above the bar) signals to enter trades, ideally confirmed by price action within the price channel or near reversal points.
- **Reversal Points**: Monitor the ▼ (highs) and ▲ (lows) labels to identify key reversal zones. The "missed" levels (also shown as ▼ and ▲) indicate potential areas where the price may react in the future.
- **Customization**:
- **Trend Signal Strength** (default: 1): Adjusts the ATR period to control the frequency of trend signals.
- **Trend Sensitivity** (default: 0.8): Fine-tunes the responsiveness of the trend lines.
- **Reversal Signal Sensitivity** (default: 7): Defines the lookback period for detecting reversal points.
- **Price Channel Length** (default: 100): Sets the period for calculating the price channel.
- Use the indicator on standard candlestick charts for accurate results.
**Unique Features**:
- **Integrated Analysis**: Combines trend detection, price channel analysis, and reversal point identification into a single, cohesive tool.
- **Missed Reversal Levels**: Highlights untested price levels with ▼ and ▲ symbols, helping traders anticipate potential price reactions before they occur.
- **Dynamic Customization**: Offers adjustable settings to adapt the indicator to different markets (stocks, forex, crypto) and trading strategies (scalping, day trading, or swing trading).
- **Efficient Design**: Optimized to minimize resource usage, ensuring smooth performance on TradingView charts.
**Settings**:
- **Trend Signal Strength**: Controls the ATR period for trend calculations (default: 1).
- **Trend Sensitivity**: Adjusts the sensitivity of trend signals (default: 0.8).
- **Reversal Signal Sensitivity**: Defines the lookback period for reversal point detection (default: 7).
- **Price Channel Length**: Sets the period for the statistical price channel (default: 100).
**Trading Tips**:
- For scalping, use shorter timeframes (5-15 minutes) and increase the Trend Sensitivity for more frequent signals.
- For swing trading, use higher timeframes (1-hour or 4-hour) and adjust the Reversal Signal Sensitivity to focus on significant reversal points.
- Combine Buy/Sell signals with price channel breakouts or interactions with reversal levels for higher-probability trades.
- Monitor the correlation coefficient (displayed below the chart) to gauge the strength of the trend within the price channel.
**Why Use This Indicator?**
The Fadi Dynamic Trend Indicator is ideal for traders seeking a versatile tool that simplifies complex market analysis. Its unique combination of trend signals, price channel visualization, and missed reversal levels empowers traders to make informed decisions in trending or ranging markets. Whether you're a beginner or an experienced trader, this indicator provides clear, actionable insights to enhance your trading strategy.
**Note**: This indicator is designed for use on standard candlestick charts to ensure realistic and reliable results. Always backtest and validate the indicator on your preferred market and timeframe before using it in live trading.
MTF Candles [Fadi x MMT]MTF Candles
Overview
The MTF Candles indicator is a powerful tool designed for traders who want to visualize higher timeframe (HTF) candles directly on their current chart. Built with flexibility and precision in mind, this Pine Script indicator displays up to six higher timeframe candles, complete with customizable styling, sweeps, midpoints, fair value gaps (FVGs), volume imbalances, and trace lines. It’s perfect for multi-timeframe analysis, helping traders identify key levels, market structure, and potential trading opportunities with ease.
Key Features
- Multi-Timeframe Candles : Display up to six higher timeframe candles (e.g., 5m, 15m, 30m, 4H, 1D, 1W) on your chart, with configurable timeframes and visibility.
- Sweeps Detection : Identify liquidity sweeps (highs/lows) with customizable line styles, widths, and colors, plus optional alerts for confirmed bullish or bearish sweeps.
- Midpoint Lines : Plot the midpoint (average of high and low) of the previous HTF candle, with customizable color, width, and style for enhanced market analysis.
- Fair Value Gaps (FVGs) : Highlight gaps between non-adjacent candles, indicating potential areas of interest for price action.
- Volume Imbalances : Detect and display volume imbalances between adjacent candles, aiding in spotting significant price levels.
- Trace Lines : Connect HTF candle open, close, high, and low prices to their respective chart bars, with customizable styles and optional price labels.
- Custom Daily Open Times : Support for custom daily candle open times (Midnight, 8:30, or 9:30) to align with specific market sessions.
- Dynamic Labels : Show timeframe names, remaining time until the next HTF candle, and interval labels (e.g., day of the week for daily candles) with adjustable positions and sizes.
- Highly Customizable : Fine-tune candle appearance, spacing, padding, and visual elements to suit your trading style.
How It Works
The indicator renders HTF candles as boxes (bodies) and lines (wicks) on the right side of the chart, with each timeframe offset for clarity. It dynamically updates candles in real-time, tracks their highs and lows, and displays sweeps and midpoints when conditions are met. FVGs and volume imbalances are calculated based on candle relationships, and trace lines link HTF candle levels to their originating bars on the chart.
Sweep Logic
- A bearish sweep occurs when the current candle’s high exceeds the previous candle’s high, but the close is below it.
- A bullish sweep occurs when the current candle’s low falls below the previous candle’s low, but the close is above it.
- Sweeps are visualized as horizontal lines and can trigger alerts when confirmed on the next candle.
Midpoint Logic
- A midpoint line is drawn at the average of the previous HTF candle’s high and low, extending until the next HTF candle forms.
- Useful for identifying potential support/resistance or mean reversion levels.
Imbalance Detection
- FVGs : Identified when a candle’s low is above the next-but-one candle’s high (or vice versa), indicating a price gap.
- Volume Imbalances : Detected between adjacent candles where the body of one candle doesn’t overlap with the next, signaling potential liquidity zones.
Settings
Timeframe Settings
- HTF 1–6 : Enable/disable up to six higher timeframes (default: 5m, 15m, 30m, 4H, 1D, 1W) and set the maximum number of candles to display per timeframe (default: 4).
- Limit to Next HTFs : Restrict the number of active timeframes (1–6).
Styling
- Body, Border, Wick Colors : Customize bull and bear candle colors (default: light gray for bulls, dark gray for bears).
- Candle Width : Adjust the width of HTF candles (1–4).
- Padding and Spacing : Set the offset from the current price action and spacing between candles and timeframes.
Label Settings
- HTF Label : Show/hide timeframe labels (e.g., "15m", "4H") at the top/bottom of candle sets.
- Remaining Time : Display the countdown to the next HTF candle.
Interval Value: Show day of the week for daily candles or time for intraday candles.
- Label Position/Alignment : Choose to display labels at the top, bottom, or both, and align them with the highest/lowest candles or follow individual candle sets.
Imbalance Settings
- Fair Value Gap : Enable/disable FVGs with customizable color (default: semi-transparent gray).
- Volume Imbalance : Enable/disable volume imbalances with customizable color (default: semi-transparent red).
Trace Settings
- Trace Lines : Enable/disable lines connecting HTF candle levels to their chart bars, with customizable colors, styles (solid, dashed, dotted), and sizes.
- Price Labels : Show price levels for open, close, high, and low trace lines.
- Anchor : Choose whether trace lines anchor to the first or last enabled timeframe.
Sweep Settings
- Show Sweeps : Enable/disable sweep detection and visualization.
- Sweep Line : Customize color, width, and style (solid, dashed, dotted).
- Sweep Alert : Enable alerts for confirmed sweeps.
Midpoint Settings
- Show Midpoint : Enable/disable midpoint lines.
- Midpoint Line : Customize color (default: orange), width, and style (solid, dashed, dotted).
Custom Daily Open
Custom Daily Candle Open : Choose between Midnight, 8:30, or 9:30 (America/New_York) for daily candle opens.
Usage
- Add the indicator to your TradingView chart.
- Configure the desired higher timeframes (HTF 1–6) and enable/disable features via the settings panel.
- Adjust styling, labels, and spacing to match your chart preferences.
Use sweeps, midpoints, FVGs, and volume imbalances to identify key levels for trading decisions.
- Enable sweep alerts to receive notifications for confirmed liquidity sweeps.
Notes
Performance: The indicator is optimized for up to 500 boxes, lines, and labels, with a maximum of 5000 bars back. Can be slow at a time
Time Zone: Custom daily opens use the America/New_York time zone for consistency with major financial markets.
Compatibility: Ensure selected HTFs are valid (higher than the chart’s timeframe and divisible by it for intraday periods).
Gold Power Hours Strategy📈 Gold Power Hours Trading Strategy
Trade XAUUSD (Gold) or XAUEUR during the most volatile hours of the New York session, using momentum and trend confirmation, with session-specific risk/reward profiles.
✅ Strategy Rules
🕒 Valid Trading Times ("Power Hours"):
Trades are only taken during high-probability time windows on Tuesdays, Wednesdays, and Thursdays , corresponding to key New York session activity:
Morning Session:
08:00 – 11:00 (NY time)
Afternoon Session:
12:30 – 16:00
19:00 – 22:00
These times align with institutional activity and economic news releases.
📊 Technical Indicators Used:
50-period Simple Moving Average (SMA50):
Identifies the dominant market trend.
14-period Relative Strength Index (RSI):
Measures market momentum with session-adjusted thresholds.
🟩 Buy Signal Criteria:
Price is above the 50-period SMA (bullish trend)
RSI is greater than:
60 during Morning Session
55 during Afternoon Session
Must be during a valid day (Tue–Thu) and Power Hour session
🟥 Sell Signal Criteria:
Price is below the 50-period SMA (bearish trend)
RSI is less than:
40 during Morning Session
45 during Afternoon Session
Must be during a valid day and Power Hour session
🎯 Trade Management Rules:
Morning Session (08:00–11:00)
Stop Loss (SL): 50 pips
Take Profit (TP): 150 pips
Risk–Reward Ratio: 1:3
Afternoon Session (12:30–16:00 & 19:00–22:00)
Stop Loss (SL): 50 pips
Take Profit (TP): up to 100 pips
Risk–Reward Ratio: up to 1:2
⚠️ TP is slightly reduced in the afternoon due to typically lower volatility compared to the morning session.
📺 Visuals & Alerts:
Buy signals: Green triangle plotted below the bar
Sell signals: Red triangle plotted above the bar
SMA50 line: Orange
Valid session background: Light pink
Alerts: Automatic alerts for buy/sell signals
IU Inside/Harami candlestick patternDESCRIPTION
The IU Inside/Harami Candlestick Pattern indicator is designed to detect bullish and bearish inside bar formations, also known as Harami patterns. This tool gives users flexibility by allowing pattern detection based on candle wicks, bodies, or a combination of both. It highlights detected patterns using colored boxes and optional text labels on the chart, helping traders quickly identify areas of consolidation and potential reversals.
USER INPUTS :
Pattern Recognition Based on =
Choose between "Wicks", "Body", or "Both" to determine how the inside candle pattern is identified.
Show Box =
Toggle the appearance of colored boxes that highlight the pattern zone.
Show Text =
Toggle on-screen labels for "Bullish Inside" or "Bearish Inside" when patterns are detected.
INDICATOR LOGIC :
Bullish Inside Bar (Harami) is detected when:
* The current candle's high is lower and low is higher than the previous candle (wick-based),
* or the current candle’s open and close are inside the previous candle’s body (body-based),
* and the current candle is bullish while the previous is bearish.
Bearish Inside Bar (Harami) is detected when:
* The current candle's high is lower and low is higher than the previous candle (wick-based),
* or the current candle’s open and close are inside the previous candle’s body (body-based),
* and the current candle is bearish while the previous is bullish.
The user can choose wick-based, body-based, or both logics for pattern confirmation.
Boxes are drawn between the highs and lows of the pattern, and alert messages are generated upon confirmation.
Optional labels show the pattern name for quick visual identification.
WHY IT IS UNIQUE :
Offers three different logic modes: wick-based, body-based, or combined.
Highlights patterns visually with customizable boxes and labels.
Includes built-in alerts for immediate notifications.
Uses clean and transparent plotting without repainting.
HOW USER CAN BENEFIT FROM IT :
Receive real-time alerts when Inside/Harami patterns are formed.
Use the boxes and text labels to spot price compression zones and breakout potential.
Combine it with other tools like trendlines or support/resistance for enhanced accuracy.
Suitable for scalpers, swing traders, and price action traders looking to trade inside bar breakouts or reversals.
DISCLAIMER :
This indicator is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
Delta Spike Detector [GSK-VIZAG-AP-INDIA]📌 Delta Spike Detector – Volume Imbalance Ratio
By GSK-VIZAG-AP-INDIA
📘 Overview
This indicator highlights aggressive buying or selling activity by analyzing the imbalance between estimated Buy and Sell volume per candle. It flags moments when one side dominates the other significantly — defined by user-selectable volume ratio thresholds (10x, 15x, 20x, 25x).
📊 How It Works
Buy/Sell Volume Estimation
Approximates buyer and seller participation using candle structure:
Buy Volume = Proximity of close to low
Sell Volume = Proximity of close to high
Delta & Delta Ratio
Delta = Buy Volume − Sell Volume
Delta Ratio = Ratio of dominant volume side to the weaker side
When this ratio exceeds a threshold, it’s classified as a spike.
Spike Labels
Labels are plotted on the chart:
10x B, 15x B, 20x B, 25x B → Buy Spike Labels (below candles)
10x S, 15x S, 20x S, 25x S → Sell Spike Labels (above candles)
The color of each label reflects the spike strength.
⚙️ User Inputs
Enable/Disable Buy or Sell Spikes
Set custom delta ratio thresholds (default: 10x, 15x, 20x, 25x)
🎯 Use Cases
Spotting sudden aggressive activity (e.g. smart money moves, traps, breakouts)
Identifying short-term market exhaustion or momentum bursts
Complementing other trend or volume-based tools
⚠️ Important Notes
The script uses approximated Buy/Sell Volume based on price position, not actual order flow.
This is not a buy/sell signal generator. It should be used in context with other confirmation indicators or market structure.
✍️ Credits
Developed by GSK-VIZAG-AP-INDIA
For educational and research use only.
Daily Profiler NFPDaily Profiler NFP
Overview
The Daily Profiler NFP is a comprehensive trading tool designed to track, visualize, and analyze price action during Non-Farm Payroll (NFP) release days. By capturing and displaying high, low, and mid-range levels from these significant market events, traders gain valuable support and resistance reference points that often influence future price movements.
Key Features
Monthly NFP Tracking: Captures and displays the high, low, and mid-range levels for each month's NFP release day
Customizable NFP Dates: Easily set the correct NFP release date for each month of the year
Dynamic Support & Resistance: Identifies the closest NFP levels above and below current price with color-coded boxes
Multi-Timeframe Compatibility: Works seamlessly across intraday, daily, and weekly charts
Comprehensive Visualization Options:
High, low, and mid-range horizontal lines
Price labels with customizable display options
Support and resistance boxes with adjustable opacity and size
NFP range extension boxes showing potential influence zones
Trading Applications
Identify key support and resistance levels based on NFP day price action
Anticipate potential reversal or continuation zones when price approaches historical NFP levels
Develop trading strategies around recurring patterns at NFP price levels
Use as confluence with other technical analysis methods for higher probability trades
Customization
Extensive customization options allow you to:
Adjust color schemes and line styles
Modify box heights and extensions
Show or hide specific elements (high/low lines, midpoint lines, labels, prices)
Set hour offset to match exact NFP release timing
Customize label styles and positions
Perfect for futures, forex, and equity index traders who recognize the significance of NFP releases on market dynamics. The Daily Profiler NFP provides a structured framework for incorporating these major economic events into your technical analysis.
Hedging SimulatorHedging Simulator
The Hedging Simulator is a straightforward hedging tool designed to simulate potential profit and loss outcomes from combined Spot and Futures positions in the cryptocurrency market.
Users can define their equity allocation separately for both spot and futures, allowing for flexible and realistic scenario modelling.
The tool also incorporates MNV (Minimum Notional Value) and MTA (Minimum Trade Amount) parameters to estimate order sizes based on symbol-specific trading rules set by exchanges. While the results may differ slightly from actual exchange calculations, the simulator aims to provide a close approximation for general understanding.
📌Note: Crypto-Only - This tool is designed specifically for cryptocurrency trading and is not intended for use with traditional financial instruments.
Entry Price: Users can input custom entry prices for both spot and futures trades to simulate from specific market positions.
Live Price: The entry price fields for both spot and futures support Live Price based on the currently viewed symbol on your chart.
📌Note: In the real market, spot and futures prices are not always identical—there can be a price gap between them. While the difference is typically small, it's important to understand that the live price shown is only for rough estimation purposes and may not reflect the exact trading price on your chosen exchange.
Expecting Market Price: This represents the projected or target price to simulate potential profit and loss across the hedged position based on market movement.
📌Note: Profit and loss calculations exclude all trading fees. Actual results in live markets may vary due to fees, slippage, and exchange rules.
Feedback: If you notice any bugs, errors on calculation, or have suggestions for better calculations or new features, feel free to share your thoughts. Your feedback helps improve the tool and will be considered for future updates.
⚠️ Disclaimer: This simulator is intended for educational and illustrative purposes only. It does not constitute financial advice or guarantee trading results. Market conditions may vary, and all trading carries inherent risks. Users are solely responsible for any decisions made based on this tool and bear full responsibility for their own trading outcomes.
Position Size Calculator with Fees# Position Size Calculator with Portfolio Management - Manual
## Overview
The Position Size Calculator with Portfolio Management is an advanced Pine Script indicator designed to help traders calculate optimal position sizes based on their total portfolio value and risk management strategy. This tool automatically calculates your risk amount based on portfolio allocation percentages and determines the exact position size needed while accounting for trading fees.
## Key Features
- **Portfolio-Based Risk Management**: Calculates risk based on total portfolio value
- **Tiered Risk Allocation**: Separates trading allocation from total portfolio
- **Automatic Trade Direction Detection**: Determines long/short based on entry vs stop loss
- **Fee Integration**: Accounts for trading fees in position size calculations
- **Risk Factor Adjustment**: Allows scaling of position size up or down
- **Visual Display**: Shows all calculations in a clear, color-coded table
- **Automatic Risk Calculation**: No need to manually input risk amount
## Input Parameters
### Total Portfolio ($)
- **Purpose**: The total value of your investment portfolio
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
- **Example**: If your total portfolio is worth $100,000, enter 100000
### Trading Portfolio Allocation (%)
- **Purpose**: The percentage of your total portfolio allocated to active trading
- **Default**: 20.0%
- **Range**: 0.0% to 100.0%
- **Step**: 0.01
- **Example**: If you allocate 20% of your portfolio to trading, enter 20
### Risk from Trading (%)
- **Purpose**: The percentage of your trading allocation you're willing to risk per trade
- **Default**: 0.1%
- **Range**: Any positive value
- **Step**: 0.01
- **Example**: If you risk 0.1% of your trading allocation per trade, enter 0.1
### Entry Price ($)
- **Purpose**: The price at which you plan to enter the trade
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
### Stop Loss ($)
- **Purpose**: The price at which you will exit if the trade goes against you
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
### Risk Factor
- **Purpose**: A multiplier to scale your position size up or down
- **Default**: 1.0 (no scaling)
- **Range**: 0.0 to 10.0
- **Step**: 0.1
- **Examples**:
- 1.0 = Normal position size
- 2.0 = Double the position size
- 0.5 = Half the position size
### Fee (%)
- **Purpose**: The percentage fee charged per transaction
- **Default**: 0.01% (0.01)
- **Range**: 0.0% to 1.0%
- **Step**: 0.001
## How Risk Amount is Calculated
The script automatically calculates your risk amount using this formula:
```
Risk Amount = Total Portfolio × Trading Allocation (%) × Risk % ÷ 10,000
```
### Example Calculation:
- Total Portfolio: $100,000
- Trading Allocation: 20%
- Risk per Trade: 0.1%
**Risk Amount = $100,000 × 20 × 0.1 ÷ 10,000 = $20**
This means you would risk $20 per trade, which is 0.1% of your $20,000 trading allocation.
## Portfolio Structure Example
Let's say you have a $100,000 portfolio:
### Allocation Structure:
- **Total Portfolio**: $100,000
- **Trading Allocation (20%)**: $20,000
- **Long-term Investments (80%)**: $80,000
### Risk Management:
- **Risk per Trade (0.1% of trading)**: $20
- **Maximum trades at risk**: Could theoretically have 1,000 trades before risking entire trading allocation
## How Position Size is Calculated
### Trade Direction Detection
- **Long Trade**: Entry price > Stop loss price
- **Short Trade**: Entry price < Stop loss price
### Position Size Formulas
#### For Long Trades:
```
Position Size = -Risk Factor × Risk Amount / (Stop Loss × (1 - Fee) - Entry Price × (1 + Fee))
```
#### For Short Trades:
```
Position Size = -Risk Factor × Risk Amount / (Entry Price × (1 - Fee) - Stop Loss × (1 + Fee))
```
## Output Display
The indicator displays a comprehensive table with color-coded sections:
### Portfolio Information (Light Blue Background)
- **Portfolio (USD)**: Your total portfolio value
- **Trading Portfolio Allocation (%)**: Percentage allocated to trading
- **Risk as % of Trading**: Risk percentage per trade
### Trade Setup (Gray Background)
- **Entry Price**: Your specified entry price
- **Stop Loss**: Your specified stop loss price
- **Fee (%)**: Trading fee percentage
- **Risk Factor**: Position size multiplier
### Risk Analysis (Red Background)
- **Risk Amount**: Automatically calculated dollar risk
- **Effective Entry**: Actual entry cost including fees
- **Effective Exit**: Actual exit value including fees
- **Expected Loss**: Calculated loss if stop loss is hit
- **Deviation from Risk %**: Accuracy of risk calculation
### Final Result (Blue Background)
- **Position Size**: Number of shares/units to trade
## Usage Examples
### Example 1: Conservative Long Trade
- **Total Portfolio**: $50,000
- **Trading Allocation**: 15%
- **Risk per Trade**: 0.05%
- **Entry Price**: $25.00
- **Stop Loss**: $24.00
- **Risk Factor**: 1.0
- **Fee**: 0.01%
**Calculated Risk Amount**: $50,000 × 15% × 0.05% ÷ 100 = $3.75
### Example 2: Aggressive Short Trade
- **Total Portfolio**: $200,000
- **Trading Allocation**: 30%
- **Risk per Trade**: 0.2%
- **Entry Price**: $150.00
- **Stop Loss**: $155.00
- **Risk Factor**: 2.0
- **Fee**: 0.01%
**Calculated Risk Amount**: $200,000 × 30% × 0.2% ÷ 100 = $120
**Actual Risk**: $120 × 2.0 = $240 (due to risk factor)
## Color Coding System
- **Green/Red Header**: Trade direction (Long/Short)
- **Light Blue**: Portfolio management parameters
- **Gray**: Trade setup parameters
- **Red**: Risk-related calculations and results
- **Blue**: Final position size result
## Best Practices
### Portfolio Management
1. **Keep trading allocation reasonable** (typically 10-30% of total portfolio)
2. **Use conservative risk percentages** (0.05-0.2% per trade)
3. **Don't risk more than you can afford to lose**
### Risk Management
1. **Start with small risk factors** (1.0 or less) until comfortable
2. **Monitor your total exposure** across all open positions
3. **Adjust risk based on market conditions**
### Trade Execution
1. **Always validate calculations** before placing trades
2. **Account for slippage** in volatile markets
3. **Consider position size relative to liquidity**
## Risk Management Guidelines
### Conservative Approach
- Trading Allocation: 10-20%
- Risk per Trade: 0.05-0.1%
- Risk Factor: 0.5-1.0
### Moderate Approach
- Trading Allocation: 20-30%
- Risk per Trade: 0.1-0.15%
- Risk Factor: 1.0-1.5
### Aggressive Approach
- Trading Allocation: 30-40%
- Risk per Trade: 0.15-0.25%
- Risk Factor: 1.5-2.0
## Troubleshooting
### Common Issues
1. **Position Size shows 0**
- Verify all portfolio inputs are greater than 0
- Check that entry price differs from stop loss
- Ensure calculated risk amount is positive
2. **Very small position sizes**
- Increase risk percentage or risk factor
- Check if your risk amount is too small for the price difference
3. **Large risk deviation**
- Normal for very small positions
- Consider adjusting entry/stop loss levels
### Validation Checklist
- Total portfolio value is realistic
- Trading allocation percentage makes sense
- Risk percentage is conservative
- Entry and stop loss prices are valid
- Trade direction matches your intention
## Advanced Features
### Risk Factor Usage
- **Scaling up**: Use risk factors > 1.0 for high-confidence trades
- **Scaling down**: Use risk factors < 1.0 for uncertain trades
- **Never exceed**: Risk factors that would risk more than your comfort level
### Multiple Timeframe Analysis
- Use different risk factors for different timeframes
- Consider correlation between positions
- Adjust trading allocation based on market conditions
## Disclaimer
This tool is for educational and planning purposes only. Always verify calculations manually and consider market conditions, liquidity, and correlation between positions. The automated risk calculation assumes you're comfortable with the mathematical relationship between portfolio allocation and individual trade risk. Past performance doesn't guarantee future results, and all trading involves risk of loss.
Easy Position Size Calculator with Fees# Easy Position Size Calculator with Fees - Manual
## Overview
The Easy Position Size Calculator is a Pine Script indicator designed to help traders calculate the optimal position size for their trades while accounting for trading fees. This tool automatically determines whether you're planning a long or short position and calculates the exact position size needed to risk a specific dollar amount.
## Key Features
- **Automatic Trade Direction Detection**: Determines if you're going long or short based on entry price vs stop loss
- **Fee Integration**: Accounts for trading fees in position size calculations
- **Risk Management**: Calculates position size based on your specified risk amount
- **Risk Factor Adjustment**: Allows you to scale your position size up or down
- **Visual Display**: Shows all calculations in a clear, organized table
## Input Parameters
### Entry Price ($)
- **Purpose**: The price at which you plan to enter the trade
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
### Stop Loss ($)
- **Purpose**: The price at which you will exit the trade if it goes against you
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
### Risk ($)
- **Purpose**: The maximum dollar amount you're willing to lose on this trade
- **Default**: 0.0
- **Range**: Any positive value
- **Step**: 0.01
### Risk Factor
- **Purpose**: A multiplier to scale your position size up or down
- **Default**: 1.0 (no scaling)
- **Range**: 0.0 to 10.0
- **Step**: 0.1
- **Examples**:
- 1.0 = Normal position size
- 2.0 = Double the position size
- 0.5 = Half the position size
### Fee (%)
- **Purpose**: The percentage fee charged per transaction (buy/sell)
- **Default**: 0.01% (0.01)
- **Range**: 0.0% to 1.0%
- **Step**: 0.001
## How It Works
### Trade Direction Detection
The script automatically determines your trade direction:
- **Long Trade**: Entry price > Stop loss price
- **Short Trade**: Entry price < Stop loss price
### Position Size Calculation
#### For Long Trades:
```
Position Size = -Risk Factor × Risk Amount / (Stop Loss × (1 - Fee) - Entry Price × (1 + Fee))
```
#### For Short Trades:
```
Position Size = -Risk Factor × Risk Amount / (Entry Price × (1 - Fee) - Stop Loss × (1 + Fee))
```
### Fee Adjustment
The script accounts for fees on both entry and exit:
- **Long trades**: You pay fees when buying (entry) and selling (exit)
- **Short trades**: You pay fees when shorting (entry) and covering (exit)
## Output Display
The indicator displays a table with the following information:
### Trade Information
- **Trade Type**: Shows whether it's a LONG, SHORT, or INVALID trade
- **Entry Price**: Your specified entry price
- **Stop Loss**: Your specified stop loss price
- **Fee (%)**: The fee percentage being used
### Risk Parameters
- **Risk Amount**: The dollar amount you're willing to risk
- **Risk Factor**: The multiplier being applied
### Calculated Values
- **Effective Entry**: The actual cost per share including fees
- **Effective Exit**: The actual exit value per share including fees
- **Expected Loss**: The calculated loss if stop loss is hit
- **Deviation from Risk %**: Shows how close the expected loss is to your target risk
- **Position Size**: The number of shares/units to trade
## Usage Examples
### Example 1: Long Trade
- Entry Price: $100.00
- Stop Loss: $95.00
- Risk Amount: $500.00
- Risk Factor: 1.0
- Fee: 0.01%
**Result**: The script will calculate how many shares to buy so that if the stop loss is hit, you lose approximately $500 (accounting for fees). Position Size: 99.61152
### Example 2: Short Trade
- Entry Price: $50.00
- Stop Loss: $55.00
- Risk Amount: $300.00
- Risk Factor: 1.0
- Fee: 0.01%
**Result**: The script will calculate how many shares to short so that if the stop loss is hit, you lose approximately $300 (accounting for fees). Position Size: 59.87426
## Important Notes
### Validation Requirements
For the script to work properly, all of the following must be true:
- Entry price > 0
- Stop loss > 0
- Risk amount > 0
- Entry price ≠ Stop loss (to determine direction)
### Negative Position Sizes
The script may show negative position sizes, which is normal:
- **Negative values for long trades**: Represents shares to buy
- **Negative values for short trades**: Represents shares to short
### Risk Deviation
The "Deviation from Risk %" shows how closely the calculated position size matches your target risk. Small deviations are normal due to:
- Fee calculations
- Rounding
- Market precision
## Color Coding
The table uses color coding for easy identification:
- **Green**: Long trade information
- **Red**: Short trade information
- **Gray**: Invalid trade (when inputs are incorrect)
- **Blue**: Final position size
- **Red background**: Risk-related calculations
## Troubleshooting
### Common Issues
1. **Position Size shows 0**
- Check that all inputs are greater than 0
- Ensure entry price is different from stop loss
2. **Trade Type shows INVALID**
- Verify that entry price and stop loss are both positive
- Make sure entry price ≠ stop loss
3. **Large Risk Deviation**
- This is normal for very small position sizes
- Consider adjusting your risk amount or price levels
## Best Practices
1. **Always validate your inputs** before placing actual trades
2. **Double-check the trade direction** shown in the table
3. **Review the expected loss** to ensure it aligns with your risk management
4. **Consider the effective entry/exit prices** which include fees
5. **Use appropriate risk factors** - avoid extreme values that could lead to overexposure
## Disclaimer
This tool is for educational and planning purposes only. Always verify calculations manually and consider market conditions, liquidity, and other factors before placing actual trades. The script assumes that fees are charged on both entry and exit transactions.
Automated Scalping Signals with TP/SL Indicator [QuantAlgo]🟢 Overview
The Automated Scalping Signals with Take Profit & Stop Loss Indicator is a multi-timeframe trading system that combines market structure analysis with directional bias filtering to identify potential scalping opportunities. It detects Points of Interest (POI) including Fair Value Gaps (FVG) and Order Blocks (OB) while cross-referencing entries with higher timeframe exponential moving average positioning to create systematic entry conditions.
The indicator features adaptive timeframe calculations that automatically scale analysis periods based on your chart timeframe, maintaining consistent analytical relationships across different trading sessions. It provides integrated trade management with stop loss calculation methods, configurable risk-reward ratios, and real-time performance tracking through dashboard displays showing trade statistics, bias direction, and active position status.
This advanced system is designed for low timeframe trading, typically performing optimally on 1 to 15-minute charts across popular instruments such as OANDA:XAUUSD , CME_MINI:MES1! , CME_MINI:ES1! , CME_MINI:MNQ1! , CBOT_MINI:YM1! , CBOT_MINI:MYM1! , BYBIT:BTCUSDT.P , BYBIT:ETHUSDT.P , or any asset and timeframe of your preference.
🟢 How It Works
The indicator operates using a dual-timeframe mathematical framework where higher timeframe exponential moving averages establish directional bias through cross-over analysis, while simultaneously scanning for specific market structure patterns on the POI timeframe. The timeframe calculation engine uses multiplication factors to determine analysis periods, ensuring the bias timeframe provides trend context while the POI timeframe captures structural formations.
The structural analysis begins with FVG detection, which systematically scans price action to identify imbalances where gaps exist between consecutive candle ranges with no overlapping wicks. When such gaps are detected, the algorithm measures their size against minimum thresholds to filter out insignificant formations. Concurrently, OB recognition analyzes three-candle sequences, examining specific open/close relationships that indicate potential institutional accumulation zones. Once these structural patterns are identified, the algorithm cross-references them against the higher timeframe bias direction, creating a validation filter that only permits entries aligned with the prevailing EMA cross-over state. When price subsequently intersects these validated POI zones, entry signals generate with the system calculating entry levels at zone midpoints, then applying the selected stop loss methodology combined with the configured risk-reward ratio to determine take profit placement.
To mirror realistic trading conditions, the indicator incorporates configurable slippage calculations that account for execution differences between intended and actual fill prices. When trades reach their take profit or stop loss levels, the algorithm applies slippage adjustments that worsen the exit prices in a conservative manner - reducing take profit fills and increasing stop loss impact. This approach ensures backtesting results reflect more realistic performance expectations by accounting for spread costs, market volatility during execution, and liquidity constraints that occur in live trading environments.
It also has a performance dashboard that continuously tracks and displays comprehensive trading metrics:
1/ Bias TF / POI TF: Displays the calculated timeframes used for bias analysis and POI detection, showing the actual periods (e.g., "15m / 5m") that result from the multiplier settings to confirm proper adaptive timeframe selection
2/ Bias Direction: Shows current market trend assessment (Bullish, Bearish, or Sideways) derived from EMA cross-over analysis to indicate which trade directions align with prevailing momentum
3/ Data Processing: Indicates how many price bars have been analyzed by the system, helping users verify if complete historical data has been processed for comprehensive strategy validation
4/ Total Trades: Displays the cumulative number of completed trades plus any active positions, providing volume assessment for statistical significance of other metrics
5/ Wins/Losses: Shows the raw count of profitable versus unprofitable trades, offering immediate insight into strategy effectiveness frequency
6/ Win Rate: Reveals the percentage of successful trades, where values above 50% generally indicate effective entry timing and values below suggest strategy refinement needs
7/ Total R-Multiple: Displays cumulative risk-reward performance across all trades, with positive values demonstrating profitable system operation and negative values indicating net losses requiring analysis
8/ Average R Win/Loss: Shows average risk-reward ratios for winning and losing trades separately, where winning averages approaching the configured take profit ratio indicate minimal slippage impact while losing averages near -1.0 suggest effective stop loss execution
9/ TP Ratio / Slippage: Displays the configured take profit ratio and slippage settings with calculated performance impact, showing how execution costs affect actual versus theoretical returns
10/ Profit Factor: Calculates the ratio of total winning amounts to total losing amounts, where values above 1.5 suggest robust profitability, values between 1.0-1.5 indicate modest success, and values below 1.0 show net losses
11/ Maximum Drawdown: Tracks the largest peak-to-trough decline in R-multiple terms, with smaller negative values indicating better capital preservation and risk control during losing streaks
🟢 How to Use
Start by applying the indicator to your chart and observe its performance across different market conditions to understand how it identifies bias direction and POI formations. Then navigate to the settings panel to configure the Bias Timeframe Multiplier for trend context sensitivity and POI Timeframe Multiplier for structural analysis frequency according to your trading preference and objectives.
Next, fine-tune the EMA periods in Bias Settings to control trend detection sensitivity and select your preferred POI types based on your analytical preference. Proceed to configure your Risk Management approach by selecting from the available stop loss calculation methods and setting the Take Profit ratio that aligns with your risk tolerance and profit objectives. Complete the setup by customizing Display Settings to control table visibility and trade visualization elements, adjusting UI positioning and colors for optimal chart readability, then activate Alert Conditions for automated notifications on trade entries, exits, and bias direction changes to support systematic trade management.
🟢 Examples
OANDA:XAUUSD
CME_MINI:MES1!
CME_MINI:ES1!
CME_MINI:MNQ1!
CBOT_MINI:YM1!
BYBIT:BTCUSDT.P
BINANCE:SOLUSD
*Disclaimer: Past performance is not indicative of future results. None of our statements, claims, or signals from our indicators are intended to be financial advice. All trading involves substantial risk of loss, not just upside potential. Users are highly recommended to carefully consider their financial situation and risk tolerance before trading.
