Position Size CalculatorIt calculates the risk per trade using two methods: Margin-Based (percentage of total Account Balance) or Equity-Based (percentage of Total Balance minus minimum balance). Displayed as a compact, customizable label on the main chart, it’s perfect for traders seeking quick, precise risk calculations.
Key Features
Two Calculation Options:
Margin-Based: Risk as a percentage (0-5%) of your total account balance.
Equity-Based: Risk as a percentage (0-50%) of (Total balance - Minimum balance).
Flexible Risk Input: Manually enter any risk percentage with 0.01% precision (e.g., 1.75%).
Customizable Display:
Repositionable table (9 positions, e.g., top-right, middle-center).
Four table sizes (XL, L, M, S) with text scaling (large, normal, small, tiny).
Adjustable cell color, text color, and transparency
Margin-Based Risk Calculation:
Set “Total Margin” (e.g., $10,000).
Enter “Risk Percentage (%)” (0 to 5%, e.g., 1.75%).
Equity-Based Risk Calculation:
Set “Total Equity” (e.g., $15,000).
Set “Minimum Balance” (e.g., $5,000).
Enter “Equity Risk Percentage (%)” (0 to 50%, e.g., 1.75%).
Display Settings:
Choose “Calculation Method” (Margin-Based or Equity-Based).
Select “Table Position” (e.g., top_right).
Select “Table Size” (XL, L, M, S; default M).
Customize “Table Cell Color”, “Table Text Color”, and “Table Cell Transparency”.
Indicatori e strategie
2 StdDev SMA + Candle Close % (Preço e Volume)(Price - (SMA20 - 2*StdDev20)) / (4*StdDev20): This indicator measures the current price's position relative to a 20-period Simple Moving Average (SMA) and its 2-standard deviation lower band. The result is normalized by 4 times the standard deviation, providing insight into how far the price is from the lower Bollinger Band, scaled by volatility. A higher value indicates the price is further above the lower band.
(Price - (SMA50 - 2*StdDev50)) / (4*StdDev50): Similar to the above, but applied to a 50-period SMA and its 2-standard deviation lower band. It helps assess the price's position relative to medium-term volatility.
(Price - (SMA200 - 2*StdDev200)) / (4*StdDev200): This applies the same logic to a 200-period SMA and its 2-standard deviation lower band. It's useful for evaluating the price's position relative to long-term volatility.
(Volume - (SMAVol200 - 2*StdDevVol200)) / (4*StdDevVol200): This indicator assesses the current volume's position relative to a 200-period Simple Moving Average of Volume and its 2-standard deviation lower band. It helps identify whether current trading volume is significantly above or below its long-term average, scaled by volume volatility.
Close Location in Range (%): This indicator shows where the closing price of the current candle falls within its high-low range, expressed as a percentage. A value of 0% means the close was at the low, 100% means the close was at the high, and 50% means the close was exactly in the middle of the candle's range. It helps visualize the strength of the close relative to the candle's total movement.
Gold Trend Scalper [Strategy]The Gold Trend Scalper (GTS Pro) is a trend-following momentum-based strategy specifically optimized for trading XAUUSD (Gold) on the 1-minute timeframe. It combines volatility filters, breakout logic, trend confirmation, and risk management to identify high-probability entry points with dynamic exits.
Auto YEAR High/Low with Fibonacci (MC) (Pub)This indicator automatically tracks and updates the current YEAR's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intra-year high and low, helping traders visualize potential reversal, breakout, and pullback zones.
✨ Key Features:
✅ Yearly High & Low Tracking
Real-time dynamic update of the current year's intra-year high and low levels.
Lines can extend left, right, both, or none, based on user preference.
📐 Fibonacci Level Plotting
Computes Fibonacci levels between yearly high and low.
Supports the following key retracement and extension levels:
88.6% Bear (Fib 11.4%)
78.6% Bear (Fib 23.6%)
61.8% Bear (Fib 38.2%)
50.0% Retracement
61.8% Bull
78.6% Bull
88.6% Bull
🧰 User Customization Options
Toggle visibility of each Fib level independently.
Selectable line extension behavior: left, right, both, or none.
Option to show/hide the high/low lines (with suggested enhancement).
Configurable line colors and styles for clarity.
🏷️ Informative Labels
Labels display price values for high, low, and each active Fibonacci level.
Positioned near the right of the chart for clear visibility.
Labels auto-refresh yearly for clean, uncluttered information.
🧠 Use Cases
Identify intra-year support/resistance zones.
Spot pullback or breakout points for entries and exits.
Enhance price action and confluence trading strategies
Auto MONTH High/Low with Fibonacci (MC) (Pub)This indicator automatically tracks and updates the current MONTH's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intra-month high and low, helping traders visualize potential reversal, breakout, and pullback zones.
✨ Key Features:
✅ Monthly High & Low Tracking
Real-time dynamic update of the current month's intra-month high and low levels.
Lines can extend left, right, both, or none, based on user preference.
📐 Fibonacci Level Plotting
Computes Fibonacci levels between monthly high and low.
Supports the following key retracement and extension levels:
88.6% Bear (Fib 11.4%)
78.6% Bear (Fib 23.6%)
61.8% Bear (Fib 38.2%)
50.0% Retracement
61.8% Bull
78.6% Bull
88.6% Bull
🧰 User Customization Options
Toggle visibility of each Fib level independently.
Selectable line extension behavior: left, right, both, or none.
Option to show/hide the high/low lines (with suggested enhancement).
Configurable line colors and styles for clarity.
🏷️ Informative Labels
Labels display price values for high, low, and each active Fibonacci level.
Positioned near the right of the chart for clear visibility.
Labels auto-refresh monthly for clean, uncluttered information.
🧠 Use Cases
Identify intramonth support/resistance zones.
Spot pullback or breakout points for entries and exits.
Enhance price action and confluence trading strategies
Auto WEEK High/Low with Fibonacci (MC) (Pub)This indicator automatically tracks and updates the current WEEK's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intra-week high and low, helping traders visualize potential reversal, breakout, and pullback zones.
✨ Key Features:
✅ Weekly High & Low Tracking
Real-time dynamic update of the current week's intra-week high and low levels.
Lines can extend left, right, both, or none, based on user preference.
📐 Fibonacci Level Plotting
Computes Fibonacci levels between weekly high and low.
Supports the following key retracement and extension levels:
88.6% Bear (Fib 11.4%)
78.6% Bear (Fib 23.6%)
61.8% Bear (Fib 38.2%)
50.0% Retracement
61.8% Bull
78.6% Bull
88.6% Bull
🧰 User Customization Options
Toggle visibility of each Fib level independently.
Selectable line extension behavior: left, right, both, or none.
Option to show/hide the high/low lines (with suggested enhancement).
Configurable line colors and styles for clarity.
🏷️ Informative Labels
Labels display price values for high, low, and each active Fibonacci level.
Positioned near the right of the chart for clear visibility.
Labels auto-refresh weekly for clean, uncluttered information.
🧠 Use Cases
Identify intra-week support/resistance zones.
Spot pullback or breakout points for entries and exits.
Enhance price action and confluence trading strategies
Auto DAY High/Low with Fibonacci Levels (MC) (Pub)This indicator automatically tracks and updates the current DAY's HIGH and LOW levels in real-time. It calculates and plots key Fibonacci retracement and extension levels between the intraday high and low, helping traders visualize potential reversal, breakout, and pullback zones.
✨ Key Features:
✅ Daily High & Low Tracking
Real-time dynamic update of the current day's intraday high and low levels.
Lines can extend left, right, both, or none, based on user preference.
📐 Fibonacci Level Plotting
Computes Fibonacci levels between daily high and low.
Supports the following key retracement and extension levels:
88.6% Bear (Fib 11.4%)
78.6% Bear (Fib 23.6%)
61.8% Bear (Fib 38.2%)
50.0% Retracement
61.8% Bull
78.6% Bull
88.6% Bull
🧰 User Customization Options
Toggle visibility of each Fib level independently.
Selectable line extension behavior: left, right, both, or none.
Option to show/hide the high/low lines (with suggested enhancement).
Configurable line colors and styles for clarity.
🏷️ Informative Labels
Labels display price values for high, low, and each active Fibonacci level.
Positioned near the right of the chart for clear visibility.
Labels auto-refresh daily for clean, uncluttered information.
🧠 Use Cases
Identify intraday support/resistance zones.
Spot pullback or breakout points for entries and exits.
Enhance price action and confluence trading strategies
Prosignal SMCProSignal SMC is an advanced AI-powered trading system built around institutional-grade Smart Money Concepts (SMC). Designed for serious traders, our proprietary model identifies market structure, liquidity zones, and key reversal points with pinpoint accuracy—without relying on traditional lagging indicators.
Leveraging deep market insights and real-time price action, ProSignal SMC detects true:
Break of Structure (BOS)
Change of Character (CHOCH)
Liquidity Sweeps
Premium & Discount Zones
Order Blocks and Mitigation Areas
All signals are generated with strict risk management rules, maintaining a low drawdown profile while aiming for consistent monthly gains. Whether you're trading Forex, indices, or metals, ProSignal SMC aligns with institutional footprints—giving you the edge retail traders miss.
LiliALHUNTERSystemLibrary "LiliALHUNTERSystem"
HUNTER System Library - Powerful target management for Pine Script
ema_calc(len, source)
Parameters:
len (simple int)
source (float)
rma_calc(len, source)
Parameters:
len (simple int)
source (float)
supertrend_calc(length, factor)
Parameters:
length (simple int)
factor (float)
createTargets(config, state, source1A, source1B, source2A, source2B)
Parameters:
config (TargetConfig)
state (TargetState)
source1A (float)
source1B (float)
source2A (float)
source2B (float)
showDashboard(state, dashLoc, textSize)
Parameters:
state (TargetState)
dashLoc (string)
textSize (string)
TargetConfig
Fields:
enableTarget1 (series bool)
enableTarget2 (series bool)
isLong1 (series bool)
isLong2 (series bool)
target1Condition (series string)
target2Condition (series string)
target1Color (series color)
target2Color (series color)
target1Style (series string)
target2Style (series string)
distTarget1 (series float)
distTarget2 (series float)
distOptions1 (series string)
distOptions2 (series string)
showLabels (series bool)
showDash (series bool)
TargetState
Fields:
target1LineV (series line)
target1LineH (series line)
target2LineV (series line)
target2LineH (series line)
target1Lbl (series label)
target2Lbl (series label)
target1Active (series bool)
target2Active (series bool)
target1Value (series float)
target2Value (series float)
countTargets1 (series int)
countTgReached1 (series int)
countTargets2 (series int)
countTgReached2 (series int)
LEOLA LENS FOOTPRINT Reveal institutional intent with real-time price-based zones.
LEOLALENS™ Footprint tracks liquidity sweeps, high-probability entries, and smart money moves — built for traders who demand accuracy.
🔹 Institutional Sweep Detection
🔹 Non-Lagging Real-Time Zones
🔹 High-Probability Entry/Exit Points
🔹 Orange & Green LCB BOX Zones
🔹 Hidden Support/Resistance Detection
🔹 Psychological Price Levels
🔹 Momentum Shift Awareness Zones
🔹 Compatible across all asset classes: Crypto, Stocks, Forex, Commodities
Note: This is an invite-only script. Access is granted upon approval by the script author.
KT Adaptive Gold StrategyKT Adaptive Gold Strategy
📊 Strategy Overview
- Strategy Name: KT Adaptive Gold Strategy
- Type: Trend Following with Momentum Confirmation
- Market: Gold (XAUUSD) - Optimized for precious metals trading
- Timeframe: Multi-timeframe compatible (recommended: H1, H4, D1)
🎯 Core Strategy Logic
Primary Signal Generation
The strategy combines multiple technical analysis components to generate high-probability trading signals:
1. **Trend Identification**
- **Fast EMA (8)** vs **Slow EMA (21)** crossover system
- Bullish trend when Fast EMA > Slow EMA and price > Fast EMA
- Bearish trend when Fast EMA < Slow EMA and price < Fast EMA
2. **Momentum Confirmation**
- **RSI (14)** for momentum direction
- **MACD (12,26,9)** for trend momentum confirmation
- Bullish momentum: RSI > 50 AND MACD line > Signal line
- Bearish momentum: RSI < 50 AND MACD line < Signal line
3. **Structure Break Analysis**
- **Resistance Break:** Price closes above 20-period highest high
- **Support Break:** Price closes below 20-period lowest low
- Confirms breakout momentum and trend continuation
4. **Volume Validation**
- Entry signals require volume > 20-period SMA of volume
- Ensures institutional participation and signal strength
🔍 Market Regime Analysis
ADX-Based Trend Strength Filter
- **ADX (14)** with threshold of 25
- Only trades in trending markets (ADX > 25)
- Filters out choppy, ranging market conditions
Volatility Assessment
- **ATR-based volatility analysis** (14 periods)
- High volatility: ATR > 120% of 20-period average
- Normal volatility: ATR between 80-120% of average
- Low volatility: ATR < 80% of average
- Background color coding for visual market condition identification
📈 Entry Conditions
Long Entry Signal
**ALL conditions must be met:**
1. ✅ Bullish trend (Fast EMA > Slow EMA, Price > Fast EMA)
2. ✅ Bullish momentum (RSI > 50, MACD > Signal)
3. ✅ Resistance break (Close > 20-period high)
4. ✅ Volume confirmation (Volume > 20-period average)
5. ✅ Trending market (ADX > 25)
6. ✅ Signal cooldown period (10 bars minimum between signals)
Short Entry Signal
**ALL conditions must be met:**
1. ✅ Bearish trend (Fast EMA < Slow EMA, Price < Fast EMA)
2. ✅ Bearish momentum (RSI < 50, MACD < Signal)
3. ✅ Support break (Close < 20-period low)
4. ✅ Volume confirmation (Volume > 20-period average)
5. ✅ Trending market (ADX > 25)
6. ✅ Signal cooldown period (10 bars minimum between signals)
🛡️ Risk Management System
Stop Loss Methods
**3 Different SL calculation methods:**
1. **ATR-Based (Default):** 1.5x ATR from entry price
2. **Structure-Based:** Recent swing high/low with ATR buffer
3. **Percentage-Based:** Fixed 2% risk per trade
Take Profit Strategy
**Multiple TP levels for profit optimization:**
- **TP1:** 1.0x ATR (33% position closure)
- **TP2:** 2.0x ATR (33% position closure)
- **TP3:** 3.0x ATR (34% position closure)
Risk-Reward Ratios:
- Minimum 1:1 ratio with TP1
- Potential 1:2 ratio with TP2
- Maximum 1:3 ratio with TP3
🚀 Key Strategy Features
Adaptive Elements
- **Market regime detection** adjusts strategy behavior
- **Volatility-based position sizing** considerations
- **Dynamic support/resistance levels** update in real-time
Anti-Spam Protection
- **10-bar cooldown** between signals prevents overtrading
- **Signal type tracking** prevents immediate opposite signals
- **Confirmation requirements** reduce false breakouts
Performance Tracking
- **Real-time win rate calculation**
- **Total trades counter**
- **PnL tracking per completed trade**
- **Visual performance dashboard**
📱 User Interface & Alerts
Visual Elements
- **Support/Resistance levels** plotted as horizontal lines
- **Moving averages** with dynamic color coding
- **Entry signals** marked with triangular shapes
- **Active position levels** (Entry, SL, TP1-3) displayed
- **Market condition background** color coding
Information Table
**Real-time dashboard showing:**
- Current market condition (Trending/Ranging)
- Active position type (Long/Short/None)
- Entry price and risk levels
- Performance statistics
- Win rate percentage
Alert System
- **Entry signals** with complete trade setup information
- **Position management** alerts for TP/SL levels
- **Custom alert messages** with entry, SL, and TP prices
🎪 Strategy Strengths
1. **Multi-Confirmation System:** Reduces false signals through multiple filter layers
2. **Adaptive Risk Management:** ATR-based levels adjust to market volatility
3. **Trend Following Nature:** Captures major market moves in gold
4. **Professional Risk Management:** Multiple TP levels and position scaling
5. **Market Regime Awareness:** Only trades in optimal market conditions
⚠️ Strategy Considerations
1. **Trending Market Dependency:** Performance may decline in ranging markets
2. **Gold Market Specificity:** Optimized for precious metals characteristics
3. **Parameter Sensitivity:** Requires periodic optimization for changing market conditions
4. **Commission Impact:** 0.02% commission factored into backtesting
🔧 Recommended Settings
Optimal Timeframes
- **Primary:** H4 (4-hour) for swing trading
- **Secondary:** H1 (1-hour) for more frequent signals
- **Conservative:** D1 (daily) for position trading
Market Sessions
- **Best Performance:** During London/New York overlap
- **Avoid:** Low volatility Asian session
- **Special Attention:** News events and Fed announcements
📊 Expected Performance Characteristics
- **Trading Frequency:** 2-5 signals per week (H4 timeframe)
- **Average Hold Time:** 1-3 days per position
- **Risk per Trade:** 1.5% (based on ATR stop loss)
- **Target Win Rate:** 60-70% with proper market conditions
- **Risk-Reward:** 1:2 average across all TP levels
MPS v3.2 – MicroStructure Pulse Scalper📌 MPS v3.2 – MicroStructure Pulse Scalper
Description:
MPS v3.2 is an advanced scalping strategy tailored for precision entries on low timeframes. Built around microstructure theory and volatility behavior, it integrates a fusion of institutional-grade filters for trade validation, including:
• VWAP Z-Score Deviation – mean-reversion logic from anchored value
• Volume Spike Detection – identifies aggressive orderflow surges
• Volatility Expansion – signals breakouts using dynamic ATR range
• Liquidity Sweeps (Stop-Hunts) – detects market maker traps
• Bullish/Bearish Pin Bar Confirmation – filters false sweeps
• Signal Clustering Memory – boosts signal reliability via AI-style memory
• Trend, Session, and Risk Filters – optional layers for alignment
• Visual Enhancements – gradient candles, entry zone heatmap, and stats panel
Key Features:
Risk/Reward-based exit OR VWAP take profit
Trailing stop functionality
Adaptive “Aggressive Mode” for early entries
Clean, minimal dashboard with live performance stats
Built for 1m–5m scalping, optimized for BTC/ETH and other liquid pairs
Alpha Trader University - London Continuation StrategyAlpha Trader University - London Continuation Strategy Indicator
OVERVIEW:
This educational indicator implements the London Continuation Strategy, a session-based trading methodology that capitalizes on price continuation patterns between the Asia and London trading sessions. Designed to teach traders about session timing, market structure, and continuation strategies.
STRATEGY METHODOLOGY:
The London Continuation Strategy is based on the market principle that directional movements established during the Asia session often continue during the early London session, creating high-probability trading opportunities.
SESSION ANALYSIS FRAMEWORK:
1. ASIA SESSION (4:00-9:00 Dubai Time):
- Establishes initial market direction and sentiment
- Creates key support and resistance levels
- Provides the foundation for continuation bias
- Blue box visualization with range tracking
2. PRE-LONDON SESSION (9:00-11:00 Dubai Time):
- Transition period between major sessions
- Setup and preparation phase for London entries
- Confirmation or negation of Asia session bias
- Teal box visualization for monitoring
3. LONDON SESSION (11:00-12:00 Dubai Time):
- Primary entry window for continuation trades
- Highest probability period for strategy execution
- Green box labeled "Entry Window" for clear identification
- Optimal timing for trade execution
EDUCATIONAL VALUE:
- Learn session-based trading concepts and timing
- Understand market flow between major trading centers
- Develop skills in identifying continuation patterns
- Practice using session ranges for risk management
- Build foundation for advanced session strategies
TRADING APPLICATIONS:
- Entry Timing: Use London session start for optimal entry points
- Direction Bias: Follow Asia session directional momentum
- Risk Management: Utilize session ranges for stop-loss placement
- Target Setting: Project targets based on session volatility patterns
- Market Structure: Respect key session levels and range breaks
UNIQUE FEATURES:
- Dubai timezone optimization for Middle East traders
- Three-session comprehensive analysis framework
- Real-time session range tracking and visualization
- Customizable visual elements and colors
- Educational labels and clear entry window identification
TECHNICAL IMPLEMENTATION:
- Accurate timezone conversion (UTC to Dubai time)
- Dynamic session detection and range calculation
- Real-time box and label updates during active sessions
- Clean visual design with professional color coding
- Efficient memory management for optimal performance
CUSTOMIZATION OPTIONS:
- Session colors for personal preference
- Box border width adjustment
- Label size customization
- Visual element toggle capabilities
RISK MANAGEMENT INTEGRATION:
- Session range-based stop-loss guidance
- Volatility assessment through range analysis
- Clear entry and exit timing signals
- Structure-based risk parameter definition
This indicator transforms complex session analysis into a systematic, visual trading approach, helping traders understand market timing and develop disciplined continuation strategies.
EDUCATIONAL DISCLAIMER: This indicator is designed for educational purposes and strategy development. It should be used as part of a comprehensive trading plan with proper risk management. Past performance of any strategy does not guarantee future results. Always practice proper risk management and consider market conditions before trading.
Alpha Trader University - Average Session VolatilityAlpha Trader University - Average Session Volatility Indicator
OVERVIEW:
This educational indicator calculates and displays the average volatility (price range) of the New York trading session over a customizable lookback period. Designed to help traders understand typical market movement patterns and make informed risk management decisions.
METHODOLOGY:
The indicator employs a systematic approach to volatility measurement:
1. SESSION IDENTIFICATION:
- Automatically detects New York trading session boundaries
- Default timing: 13:30-20:30 UTC (19:00-02:00 IST)
- Customizable session times for different markets or preferences
- Accurate timezone handling for global trading
2. RANGE CALCULATION:
- Records high-low range for each completed session
- Maintains rolling database of recent session ranges
- Calculates statistical average over specified lookback period
- Real-time tracking of current session development
3. VOLATILITY ANALYSIS:
- Orange line: Average session volatility over past sessions
- Blue dots: Current session range development
- Comparative analysis between current and historical volatility
EDUCATIONAL VALUE:
- Learn to assess market volatility objectively
- Understand the importance of volatility in trading decisions
- Develop skills in risk management and position sizing
- Build foundation for volatility-based trading strategies
TRADING APPLICATIONS:
- Position Sizing: Adjust trade size based on expected volatility
- Risk Management: Set appropriate stop-loss levels using average range
- Profit Targets: Align target expectations with typical session movement
- Market Timing: Identify high/low volatility periods for strategy selection
- Session Analysis: Compare different trading sessions' characteristics
UNIQUE FEATURES:
- Customizable session times and lookback periods
- Real-time current session tracking
- Statistical approach using rolling averages
- Clean visual representation with dual-line display
- Educational tooltips explaining each parameter
SETTINGS:
- Session Times: Fully customizable start/end hours and minutes
- Lookback Period: Adjustable number of sessions for average calculation (1-50)
- Visual Options: Toggle between different display modes
- Timezone Support: UTC-based calculations for global accuracy
PRACTICAL APPLICATIONS:
- Forex Trading: Optimize for major session overlaps
- Stock Trading: Adapt for market hours in different regions
- Cryptocurrency: 24/7 market session analysis
- Risk Assessment: Quantify expected price movement ranges
This indicator transforms complex volatility concepts into actionable trading intelligence, helping traders make more informed decisions based on statistical market behavior patterns.
EDUCATIONAL DISCLAIMER: This indicator is designed for educational purposes and volatility analysis. It should be used as part of a comprehensive trading strategy with proper risk management. Historical volatility patterns do not guarantee future market behavior.
🚀 Ultimate Klinger Oscillator Pro by Wali🚀 Ultimate Klinger Oscillator Pro by Wali
The Ultimate KO Pro is a next-generation momentum and volume oscillator built for serious traders. This advanced indicator enhances the classic Klinger Oscillator with high-performance visualizations, smart divergence detection, and dynamic trend logic—giving you superior edge in any market or timeframe.
Key Features:
Smart Klinger Oscillator: Tracks money flow and momentum by combining price and volume in a unique way.
Dynamic Signal Line: Customizable EMA/SMA smoothing for rapid or steady trend confirmation.
Histogram/Ribbon: Instantly spot momentum surges and trend strength.
Auto-Colored KO/Signal Lines: Visualize bullish, bearish, and neutral trends at a glance.
Full Divergence Suite: Detects Regular & Hidden Bullish/Bearish Divergences—each marked with on-chart labels for precise entry and exit timing.
Custom Price Weighting: Select from HL2, HLC3, HLCC4, or advanced averaging for fine-tuned setups.
Visual Upgrades: Optional price bar coloring and background shading to highlight KO market regime shifts.
Flexible for All Styles: Works great for scalping, day trading, swing trading, and long-term investing.
Alert-Ready: Built-in alert conditions for KO crosses, zero line breaks, and all divergence events.
How to Use:
Momentum Trading: Buy when KO crosses above its signal line, especially if supported by bullish divergence. Sell (or short) when KO crosses below its signal, especially on bearish divergence.
Divergence Confirmation: Use divergence labels for early warnings of trend reversals or continuation.
Trend Detection: Ribbon and background color help you stay with the prevailing market move.
Why Ultimate KO Pro?
This is not just a Klinger Oscillator—it's your complete, easy-to-read market momentum dashboard. Gain confluence, clarity, and confidence in all your trades!
By Wali Mohsin Channa
For feedback, suggestions, or custom builds, DM on TradingView or connect via socials.
Enjoy and happy trading! 🚀
Renko MACD v2.0 (TradingFrog)Renko MACD (TradingFrog) – Professional Description with Code Explanations
Description:
The Renko MACD v2.0 (TradingFrog) merges the clarity of Renko charting with the power of the MACD indicator. This script SIMULATES RENKO BRICKS using price movement within any timeframe and calculates the MACD on these pseudo-Renko closes, resulting in clearer, noise-reduced trend signals.
Key Features & Code Insights
1. Pseudo-Renko Brick Calculation
price_diff = src - renko_close
abs_diff = math.abs(price_diff)
bricks_needed = math.floor(abs_diff / box_size)
Explanation:
This section computes how far the current price (src) has moved from the last Renko close. If the movement exceeds the predefined brick size, one or more new bricks will be created. This logic helps simulate Renko charts on any timeframe.
2. Brick Update Logic
if bricks_needed >= 1
direction = price_diff > 0 ? 1 : -1
brick_movement = direction * bricks_needed * box_size
new_renko_close = renko_close + brick_movement
renko_open := renko_close
renko_close := new_renko_close
renko_trend := direction
Explanation:
When the price moves enough to warrant at least one new brick, the script determines the direction (up or down), calculates the new Renko close, and updates all relevant Renko variables. This enables the indicator to track trend changes and reversals.
3. MACD Calculation on Renko Data
renko_macd = ta.ema(renko_close, fast_length) - ta.ema(renko_close, slow_length)
renko_signal = ta.ema(renko_macd, signal_length)
renko_histogram = renko_macd - renko_signal
Explanation:
Instead of using standard price closes, the MACD is calculated on the simulated Renko close prices. This reduces market noise and provides earlier, more reliable trend signals.
4. Alerts and Visual Markers
macd_cross_up = ta.crossover(renko_macd, renko_signal)
macd_cross_down = ta.crossunder(renko_macd, renko_signal)
Explanation:
These lines detect when the Renko MACD line crosses above or below its signal line. The script uses these events to trigger on-chart markers and TradingView alerts, making it easy to spot trading opportunities.
5. Debug & Display Table (Optional)
table.cell(myTable, 0, 0, "Renko Close: " + str.tostring(renko_close))
table.cell(myTable, 1, 0, "MACD: " + str.tostring(renko_macd))
Explanation:
An optional debug table displays real-time Renko and MACD values directly on the chart, supporting transparency and strategy development.
Advantages
Noise Reduction: By using Renko logic, the indicator filters out insignificant price moves.
Clarity: Trends and reversals become much easier to identify.
Flexibility: Works on all markets and timeframes, with customizable brick size and MACD settings.
Note:
This indicator simulates Renko bricks within standard timeframe charts. While not identical to true Renko charts, it offers highly valuable trend and signal analysis for all types of traders.
Recommended Usage:
Best suited for traders seeking clear, reliable trend signals. Combine with other strategies for optimal results.
Happy Trading!
Linton Price Targets (R)Linton Price Targets are effectively traditional 3-Box reversal Point and Figure vertical count targets applied to time-based charts.
This method is purely rules based in line with the original 3-Box Point and Figure technique. Unit size (box size) may be varied to change the sensitivity of the targets. Target Factor may also be varied.
Time Projection of the targets to a future date (something that is not possible on a Point and Figure chart) is also made possible with Linton Price Targets with five different methodologies where various factors may be set. Linton Price Targets negate the need for using Point and Figure charts and allows for time based Technical Analysis indicators (ie: RSI) to be shown on the same chart.
LEOLA LENS PROLEOLA LENS PRO is an advanced version of the Standard tool, designed for serious traders looking for deeper institutional insights. It combines premium logic for zone detection, market psychology, and structured order flow.
🔹 Includes all LEOLA LENS™ Standard features
🔹 Orange & Green LCB BOX Zones
🔹 Hidden Support/Resistance Detection
🔹 Psychological Price Levels
🔹 Momentum Shift Awareness Zones
🔹 Compatible across all asset classes: Crypto, Stocks, Forex, Commodities
This invite-only script offers advanced market clarity and precision for intraday to swing traders.
ICT Kill Zone & SNR ToolThis script integrates economic event data using the Economic Calendar library developed by @jdehorty.
Features:
- Highlights potential turning points on both the current and higher timeframes, helping you identify valid areas for Support and Resistance (SNR) mapping.
- Displays four Kill Zone time windows commonly used in ICT strategies to assist in decision-making during high-probability trading sessions.
- Incorporates real-time economic calendar data to enhance your daily trade planning and strategy alignment.
### Disclaimer
This script is provided **for educational and research purposes only** and does **not constitute financial advice**. Trading involves substantial risk; the author accepts no liability for any financial loss.
LEOLA LENS StandardLEOLA LENS™ Standard- is an institutional-grade Smart Money Concepts indicator tailored for traders seeking structured market insights. This script provides key tools for identifying high-probability price zones using a clean, color-coded layout.
🔹 Simple Color LCB Zones (Orange & Blue)
🔹 Institutional Zones for Smart Money Mapping
🔹 Compatible with all asset classes (Stocks, Forex, Crypto, Commodities)
🔹 Designed to support trading structure, order flow, and market narrative
🔹 Lightweight and beginner-friendly — ideal for traders exploring institutional movement frameworks
Note: This is an invite-only script. Access is granted upon approval by the script author.
Trend Trader Marubozu Alert by MGM V2.0This indicator uses the Trend Trader to detect marubozu candles for entry's, updates coming soon!
