Inizia

Indicatori e strategie

Trailing offsetThis indicator draws a horizontal line a fixed distance (ticks) from the latest highest high or lowest low, and then tracks price as it rises higher or drops lower. This is useful, for example, to help track trailing stop levels when manually adjusting trailing stops. To reduce clutter and minimise confusion you could have two instances of the indicator on your chart at the same time, one configured to only show the trailing level for long trades, and the other for short trades. Then you would show / hide each indicator depending on which direction you enter a trade.
Indicatore Pine Script®
di igor_sinkovec
Smart Money Structure█████████████████████████████████████████████████████████████████████████████ █ SMART MONEY STRUCTURE | SMS Pro █ Institutional Order Flow & Liquidity Zones █ by @scalping-algo █████████████████████████████████████████████████████████████████████████████ 📋 OVERVIEW ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ This indicator automatically detects and plots Smart Money Concepts (SMC) including Break of Structure (BOS), Demand & Supply Zones, and Flip Zones. Perfect for traders who follow institutional order flow and price action. 🎯 INDICATOR COMPONENTS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚡ BOS (Break of Structure) ┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄ • Bullish BOS: Price breaks above previous swing high → Trend shift UP • Bearish BOS: Price breaks below previous swing low → Trend shift DOWN ✦ How to use: → Wait for BOS confirmation before entering trades → Bullish BOS = Look for long entries → Bearish BOS = Look for short entries → Combine with zones for high-probability setups 🟦 DEMAND ZONE (Teal Box) ┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄ • Last bearish candle before a bullish BOS • Institutional buying area / Unfilled orders ✦ How to use: → Wait for price to retrace into the zone → Look for bullish rejection / confirmation candle → Enter LONG with stop below the zone → Target: Previous high or next supply zone 🟪 SUPPLY ZONE (Purple Box) ┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄ • Last bullish candle before a bearish BOS • Institutional selling area / Unfilled orders ✦ How to use: → Wait for price to retrace into the zone → Look for bearish rejection / confirmation candle → Enter SHORT with stop above the zone → Target: Previous low or next demand zone 🔵 FLIP+ / MIT+ (Cyan Box) ┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄ • FLIP+: Old supply zone that flipped to demand (breaker block) • MIT+: Mitigation zone - area where price may return to rebalance ✦ How to use: → Stronger than regular demand zones → Price often reacts sharply at flip zones → Great for continuation trades after BOS → Enter LONG when price taps the zone 🔴 FLIP- / MIT- (Pink Box) ┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄ • FLIP-: Old demand zone that flipped to supply (breaker block) • MIT-: Mitigation zone - area where price may return to rebalance ✦ How to use: → Stronger than regular supply zones → Price often reacts sharply at flip zones → Great for continuation trades after BOS → Enter SHORT when price taps the zone 📐 STRUCTURE LINES (Gray Dashed) ┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄┄ • Connects swing highs and lows • Shows market structure and trend direction ✦ How to use: → Upward sloping = Bullish structure → Downward sloping = Bearish structure → Trade in the direction of structure 📊 TRADING STRATEGY ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ LONG SETUP: ┌─────────────────────────────────────────┐ │ 1. Wait for Bullish ⚡ BOS │ │ 2. Mark the DEMAND or FLIP+ zone │ │ 3. Wait for price to retrace to zone │ │ 4. Enter on bullish confirmation │ │ 5. Stop loss: Below the zone │ │ 6. Take profit: Next SUPPLY zone │ └─────────────────────────────────────────┘ SHORT SETUP: ┌─────────────────────────────────────────┐ │ 1. Wait for Bearish ⚡ BOS │ │ 2. Mark the SUPPLY or FLIP- zone │ │ 3. Wait for price to retrace to zone │ │ 4. Enter on bearish confirmation │ │ 5. Stop loss: Above the zone │ │ 6. Take profit: Next DEMAND zone │ └─────────────────────────────────────────┘ ⚙️ SETTINGS GUIDE ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ • Structure Length (default: 9) └─ Higher = Less signals, stronger zones └─ Lower = More signals, more noise └─ Recommended: 7-14 depending on timeframe • Confirmation Factor (default: 0.33) └─ Filters out weak structure breaks └─ Higher = More confirmation needed └─ Lower = Earlier signals • Auto-Remove Broken Zones └─ ON: Removes zones when price breaks through └─ OFF: Keeps all zones visible 💡 PRO TIPS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ✓ Use higher timeframes (4H, Daily) for stronger zones ✓ Combine with volume analysis for confirmation ✓ FLIP zones are generally stronger than regular zones ✓ Fresh (untested) zones have higher probability ✓ Multiple timeframe analysis = Higher accuracy ✓ Don't trade against the BOS direction ⚠️ RISK DISCLAIMER ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Trading involves substantial risk. Past performance is not indicative of future results. This indicator is a tool to assist your analysis, not a guarantee of profits. Always use proper risk management. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📧 Questions? Leave a comment below! ⭐ If you find this useful, please give it a BOOST! 🔔 Follow @scalping-algo for more indicators ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Indicatore Pine Script®
di A1TradingHub
London Session Counter-Trend Strategy 👉 Timeframe: 15 minutes 🕗 Phase 1 — Morning Market Reading Between 8:00 and 9:00, we observe the dominant market direction. This direction is considered structural for the rest of the trading day. If this movement continues until 10:00, it is also validated until a clear pullback occurs. ➡️ Therefore: 8:00–9:00 (and possibly until 10:00) = analysis zone 📐 Phase 2 — Trendline Construction We draw a dashed trendline based on: the lowest point if the 9:00 trend is bullish the highest point if the 9:00 trend is bearish This trendline acts as a key reference level. 🔄 Phase 3 — Trade Setup We do NOT trade in the direction of the 8:00 trend. Instead, we wait for: a price retracement back to the trendline Then: we enter a position in the opposite direction of the 8:00 trend 👉 This is a counter-trend strategy, but a structural and rule-based one — not emotional.
Indicatore Pine Script®
di hsemmam
2
Compression-to-Expansion Early Warning (CEEWS)The Compression → Expansion Early Warning System (CEEWS) is a volatility-structure and market-timing indicator designed to identify periods of statistical price compression and to signal when that compression transitions into directional expansion. Rather than predicting direction in advance, CEEWS focuses on detecting when price action becomes tightly constrained and then confirms when stored energy begins to release. CEEWS quantifies compression using a composite of volatility contraction, range tightening, candle overlap, and reference-level convergence, producing a normalized Build score (0–100) that reflects the degree of latent price pressure. Elevated Build values indicate that the market is coiled and increasingly susceptible to movement, while expansion signals occur only when volatility begins to expand and price breaks from its recent range. The indicator is intended as a timing and transition tool, not a standalone trend or directional system. CEEWS is most effective when paired with broader regime or trend-health indicators and is particularly well suited for index funds and highly liquid markets, where prolonged consolidation phases often precede sharp directional moves. Its primary purpose is to help traders identify when the market is likely to move, not to forecast where it will go.
Indicatore Pine Script®
di noahsross
Structural Trend Integrity Score (STIS)The Structural Trend Integrity Score (STIS) is a market regime and trend-quality indicator designed to evaluate the health and durability of a price trend, rather than its direction or momentum. Instead of focusing on overbought or oversold conditions, STIS measures whether a trend is structurally supported by consistent organization, persistence above trend, controlled pullbacks, and smooth progression. STIS outputs a normalized score from 0 to 100, where higher values indicate stronger and more reliable trend structure, and lower values signal increasing fragility or structural breakdown. This makes it especially well suited for index funds and highly liquid markets, where trends tend to persist or fail based on internal structure rather than short-term price acceleration. The indicator is intended to be used as a risk and confidence framework, not as a direct buy or sell signal. STIS helps traders and investors determine when it is efficient to maintain or increase exposure and when caution is warranted. It works best when paired with separate timing or entry tools and is particularly effective for long-only or trend-following strategies.
Indicatore Pine Script®
di noahsross
Tableau Angle Pro - Complet Stable V2🇺🇸 ENGLISH DESCRIPTION Angle Pro Dashboard — Multi-Timeframe (MTF) Momentum with Independent Calibration OVERVIEW This indicator is a professional momentum analysis tool displaying MACD and KDJ dynamics across 7 simultaneous timeframes (from 30 seconds to 1 hour). It calculates the precise angle of indicators to help you measure real market velocity and trend conviction. MAJOR UPDATE: INDEPENDENT CALIBRATION This version introduces Timeframe-Specific Calibration. You can now adjust the sensitivity of angles (DIF, DEA, J) individually for each interval. This feature allows you to normalize readings across different volatilities, ensuring a 45° angle on a 30s chart feels as significant as on a 1h chart. KEY FEATURES Multi-TF Dashboard: Monitor 30s, 1m, 3m, 5m, 15m, 30m, and 1h in one compact interface. Precision Control: 7 dedicated setting groups to fine-tune indicator slopes per timeframe. Angle Measurement: Displays slope in degrees. Steeper angles represent stronger momentum and trend strength. Dynamic Color Coding: 6 intensity levels based on angle values. Fully Customizable: Complete MACD/KDJ settings and a fully adjustable color palette. TRADING INSIGHTS Trend Cascade: Look for bright color alignment across multiple columns to confirm high-probability trend entries. Fine-Tuning: Use the "Multi" settings in the calibration menus to increase or decrease sensitivity for specific timeframes based on the asset's current volatility.
Indicatore Pine Script®
di baladis
[CT] Daily & Weekly Percentage Price Oscillator Daily & Weekly Percentage Price Oscillator, or D&W PPO, is a dual-speed momentum oscillator that blends a slower “weekly-style” percentage oscillator with a faster “daily-style” percentage oscillator, then turns the relationship between them into a clean histogram that is easy to trade. The script builds four EMAs from the chart’s close. The first pair, L1 and L2, is used to create the W component, which behaves like a slow, higher-timeframe trend pressure line. W is calculated as the percentage distance between EMA(L1) and EMA(L2), normalized by EMA(L2). When W is rising and positive, it tells you the broader momentum is expanding upward, and when W is falling and negative, the broader momentum is expanding downward. The second pair, L3 and L4, creates the D component, which behaves like a faster, lower-timeframe momentum pulse, also expressed as a percentage but normalized by the same EMA(L2), so both components share a consistent “scale.” The script then combines them into R = W + D, which represents the total blended momentum, where W supplies the slow structure and D supplies the fast impulse. The indicator is plotted as a histogram using “R − W,” and that choice is intentional. Because R = W + D, the histogram value “R − W” is mathematically identical to D. In other words, the columns you see are the fast momentum component, but anchored to a clear baseline that reflects whether the fast component is adding to, or subtracting from, the slower component’s trend context. The zero line is the equilibrium point where R equals W, meaning the fast component is neutral relative to the slow trend context. When the histogram is above zero, the fast component is contributing positive momentum and the script colors the columns with the Bull color, indicating that R is above W and the short-term push is aligned to the upside. When the histogram is below zero, the fast component is contributing negative momentum and the script colors the columns with the Bear color, indicating that R is below W and the short-term push is aligned to the downside. If you enable “Color price bars,” the chart candles are painted with the same logic so you can visually stay in sync with the fast momentum regime without staring at the panel. How to trade it comes down to treating the histogram as your actionable trigger layer and using its behavior around the zero line as the decision boundary. A basic long framework is to prioritize long trades when the histogram is above zero and either expanding or printing consecutive positive columns, because that tells you the fast momentum pulse is supportive and not fighting the current regime. The cleanest long entries usually occur when the histogram flips from negative to positive and holds above zero for at least a bar or two, because that transition often marks the shift from pullback pressure into renewed upside impulse. You can add selectivity by watching for a “dip and re-strengthen” pattern above zero: after a positive run, the histogram contracts toward the baseline without breaking materially below it, then turns back up, which often corresponds to a controlled pullback followed by continuation. A basic short framework is the mirror image: prioritize shorts when the histogram is below zero and expanding downward, and treat flips from positive to negative that hold below zero as the higher-quality transition into downside impulse. In both directions, the histogram is especially useful for avoiding trades during momentum dead zones, because when columns chop tightly around the zero line with frequent flips, it is signaling indecision and a lack of clean directional impulse, which is where most “false starts” tend to happen. Risk management with this tool is straightforward because the oscillator gives you a natural invalidation concept. For long trades, a common invalidation is the histogram losing the zero line and staying negative, since that indicates the fast component has turned from supportive to opposing. For short trades, invalidation is the histogram regaining the zero line and holding positive. Another practical way to manage trades is to use histogram contraction as an early warning that the impulse is weakening. If you are long and positive columns begin to shrink toward zero for several bars, you can tighten risk, take partials, or wait for a fresh expansion before adding. If you are short and negative columns begin to shrink toward zero, the same concept applies. The optional W line can be shown if you want a visual anchor of the slow component; while the histogram is already built to reflect the fast component relative to the slow context, viewing W can help you quickly recognize whether the larger momentum backdrop is generally rising or falling, which can be used as an additional bias filter for trade selection. In practice, the D&W PPO is best used as a momentum alignment and timing tool: the slow component defines the “weather,” the fast component defines the “wind,” and the histogram tells you whether the wind is pushing with the weather or pushing against it. When the histogram is cleanly one-sided and expanding, it supports continuation-style trading and trend-following entries. When the histogram is choppy around zero, it warns you that conditions are rotational and patience usually pays.
Indicatore Pine Script®
di ChaosTrader63
MACD Histogram Expansion Alerts (Scalp)Purpose: Alerts when MACD histogram is expanding (momentum increasing) rather than simply crossing. Designed for 1-minute scalping and intraday momentum confirmation. This script is for traders who are tired of late MACD cross alerts. Instead of firing when MACD lines cross (which often happens after the move), this indicator alerts when the MACD histogram is expanding — meaning momentum is actually increasing right now, not rolling over. I use it as a “heads up” alert, not a buy/sell signal. When it fires, I check price action, volume, VWAP, support/resistance, etc., to see if the move is worth trading. Best suited for 1-minute charts, scalping, and fast intraday momentum. MACD Histogram Expansion Alerts (Scalp) is a lightweight alert-focused indicator designed for intraday traders and scalpers, particularly on lower timeframes such as the 1-minute chart. Rather than triggering alerts on standard MACD line crossovers (which tend to lag in fast or volatile markets), this script detects MACD histogram expansion — a condition that indicates momentum acceleration, not just direction. 🔍 What this script does Uses a fast MACD configuration suitable for lower timeframes Monitors the MACD histogram slope and magnitude Triggers alerts only when the histogram expands for multiple consecutive bars Alerts are fired on bar close only, reducing noise and false intrabar signals 🚀 Why focus on histogram expansion? Histogram expansion highlights when momentum is building, which can be useful for: Continuation setups Early momentum confirmation Avoiding entries when momentum is already fading This approach is especially helpful in small caps, news-driven stocks, and volatile intraday instruments, where traditional MACD cross alerts can arrive too late. 🔔 Alert Types Bullish MACD Histogram Expansion Bearish MACD Histogram Expansion Each alert can be enabled independently and is intended as an attention signal, not a standalone trading system. ⚙️ Customizable Inputs MACD Fast / Slow / Signal lengths Number of consecutive expanding histogram bars required Optional minimum histogram magnitude filter Optional directional filter (above/below zero line) ⚠️ Important Notes!!!! This script does not place trades Alerts should be used with additional context, such as price action, volume, VWAP, or support/resistance Not designed for higher-timeframe or swing trading use . If you find this helpful, feel free to adapt it to your own trading style or timeframe. This script is meant to be simple, flexible, and non-opinionated.
Indicatore Pine Script®
di jecoombs523
Minervini Ultimate +VCPMinervini Ultimate Suite (SEPA Dashboard) This indicator implements Mark Minervini's "Trend Template" criteria combined with a Volatility Contraction Pattern (VCP) detector and a custom Relative Strength rating. It is designed to help traders visualize the technical health of a stock based on stage analysis concepts. This indicator serves as a complete Control System (Dashboard) for Mark Minervini's SEPA trading strategy. Instead of manually checking five different metrics on every chart, this indicator performs the mathematical calculations and presents the "bottom line" in a single, organized table. 1. What This Indicator Does The goal is to ensure you never enter a trade blindly. It verifies the stock against Minervini's strict requirements: Trend: Is the stock in a healthy Stage 2 Uptrend? Relative Strength: Is it stronger than the general market? Buy Risk: Is it the right time to buy, or is the price extended? Pressure: Are institutions accumulating or distributing? VCP: Is there a breakout opportunity (volatility contraction) right now? 2. Key Benefits Time-Saving: Instead of drawing lines and calculating percentages manually, you get immediate visual feedback (Green/Red). Discipline: The indicator will flag "Extended" (Red) if you attempt to buy a stock that has run up too much, saving you from late entries and unnecessary losses. Precision Timing: The VCP feature (Blue Dots) helps you identify the "calm before the storm"—the exact moment volatility contracts, which often precedes a major breakout. 3. Indicator Parameters & Features A. Minervini Pressure (Buying vs. Selling) What it checks: Money flow over the last 20 days. Calculation: Sums up volume on "Up Days" (Green) versus volume on "Down Days" (Red). Meaning: 🟢 Buying: More money is entering than leaving. A sign of institutional accumulation. 🔴 Selling: Selling pressure dominates. The price may be rising, but without strong volume backing. B. Buy Risk (Price Extension) What it checks: The distance of the current price from the 50-Day Moving Average. Minervini strictly warns against "chasing" stocks. Signals: 🟢 Low Risk: Price is within 0% – 15% of the 50MA. This is the ideal "Buy Zone". 🟡 Caution: Price is 15% – 25% away. Buy with increased caution. 🔴 Extended: Price is >25% from the MA. Do not buy. The probability of a pullback is high. ⚪ Broken: Price is below the 50MA. The short-term trend is damaged. C. TPR - Trend Template (Trend Power Rating) What it checks: Is the stock in a Stage 2 Uptrend? Strict Rules (All must be true for a PASS): Price > 50MA > 150MA > 200MA. The 200MA is trending UP (positive slope). Price is near the 52-Week High (within 25%). Price is above the 52-Week Low (at least 25%). Meaning: 🟢 PASSED: Technically healthy and ready to move. 🔴 FAILED: The trend structure is broken (e.g., MAs are entangled). D. RPR Score (Relative Performance Rating) What it checks: How strong the stock is compared to the general market (S&P 500 / SPY). Calculation: Weighted performance over 3, 6, 9, and 12 months vs. the SPY. The score ranges from 1 to 99. Meaning: 🟢 80-99: Market Leader. These are the stocks Minervini targets. 🟡 70-80: Good, but not elite. ⚪ Below 70: Laggard (weaker than the market). E. VCP Action (Volatility Contraction Pattern) What it checks: Monitors price tightness. It calculates the range between the highest close and lowest close over the last 5 days. Meaning: 🔵 SQUEEZE (Blue Text + Blue Dot on Chart): The price range has contracted to less than 2.5%. Why it matters: When a stock stops moving wildly and trades in a tight range ("Flat Line"), it indicates supply has dried up. A high-volume breakout often follows immediately.
Indicatore Pine Script®
di noam73
Momentum Pro (Tuned v6)Momentum Pro (Tuned v6) is an intraday momentum strategy designed to capture high-quality continuation moves while aggressively filtering out chop and low-participation setups. It combines trend alignment, volume confirmation, momentum strength, and volatility-based risk control into a single rules-driven system. The strategy is optimized for 1–5 minute charts on liquid stocks and ETFs and is intended for short-term trading, not mean reversion or scalping. Momentum Pro requires price to be above session VWAP and EMA(8) to be above EMA(18), ensuring trades align with the dominant intraday trend. Momentum quality is confirmed using the MACD histogram and an RSI entry band that favors strength without chasing overextended moves. Relative Volume must exceed a strict threshold to ensure real participation, and ADX is used to avoid low-trend, choppy conditions. Entries occur only on confirmed breakouts above recent highs, reducing false signals during consolidation. Risk is managed using an ATR-based stop that adapts to volatility, paired with a fixed reward-to-risk profit target to enforce positive expectancy. Optional early exits are included to protect profits if momentum fades or price loses VWAP. This strategy is not predictive and does not attempt to call tops or bottoms. It is designed to trade only when multiple conditions align, favoring fewer, higher-quality trades over frequency. It works best when used with a higher-timeframe market bias and strict risk discipline.
Strategia Pine Script®
di NetJacobsson
Bullish Engulfing at Daily Support (Pivot Low) - R Target (v6)1. What this strategy really is (in human terms) This strategy is not about predicting the market. It’s about waiting for proof that buyers are stepping in at a price where they already should. Think of it like this: “I only buy when price falls into a known ‘floor’ and buyers visibly take control.” That’s it. Everything in the script enforces that idea. 2. The two ingredients (nothing else) Ingredient #1: Daily Support (the location) Support is an area where price previously fell and then reversed upward. In the script: Support is defined as the most recent confirmed daily swing low A swing low means: Price went down Stopped Then went up enough to prove that buyers defended that level This matters because: You’re not guessing where support might be You’re using a level where buyers already proved themselves “At support” doesn’t mean exact Markets don’t bounce off perfect lines. So the script allows a small zone (the “support tolerance”): Example: 0.5% tolerance If support is at 100 Anywhere between ~99.5–100.5 counts This prevents missing good trades just because price was off by a few ticks. Ingredient #2: Bullish Engulfing Candle (the trigger) This is the confirmation. A bullish engulfing candle means: Sellers were in control Buyers stepped in hard enough to fully overpower them The bullish candle’s body “swallows” the previous candle Psychologically, it says: “Sellers tried, failed, and buyers just took control.” That’s why this candle works only at support. A bullish engulfing in the middle of nowhere means nothing. 3. Why daily timeframe matters The daily chart: Filters out noise Reflects decisions made by institutions, not random scalpers Produces fewer but higher-quality signals That’s why: The script uses daily data You typically get very few trades per month Most days: no trade That “boredom” is the edge. 4. When a trade is taken (exact conditions) A trade happens only if ALL are true: Price drops into a recent daily support zone A bullish engulfing candle forms on the daily chart Risk is clearly defined (entry, stop, target) If any one is missing → no trade 5. How risk is controlled (this is crucial) The stop loss (where you admit you’re wrong) The stop is placed: Below the support level Or below the low of the engulfing candle With a small ATR buffer so normal noise doesn’t stop you out Meaning: “If price breaks below this area, buyers were wrong. I’m out.” No hoping. No moving stops. No exceptions. Position sizing (why this strategy survives losing streaks) Each trade risks a fixed % of your account (default 1%). So: Big stop = smaller position Small stop = larger position This keeps every trade equal in risk, not equal in size. That’s professional behavior. 6. The take-profit logic (why 2.8R matters) Instead of guessing targets: The strategy uses a multiple of risk (R) Example: Risk = $1 Target = $2.80 You can lose many times and still come out ahead. This is why: Win rate ≈ 60% is more than enough Even 40–45% could still work if discipline is perfect 7. Why patience is the real edge (not the pattern) The bullish engulfing is common. Bullish engulfing at daily support is rare. Most people fail because they: Trade engulfings everywhere Ignore location Lower standards when bored Add “just one more indicator” Your edge is: Saying no 95% of the time Taking only trades that look obvious after they work 8. How to use this strategy effectively (rules to follow) Rule 1: Only take “clean” setups Skip trades when: Support is messy or unclear Price is chopping sideways The engulfing candle is tiny The market is news-chaotic (earnings, FOMC, etc.) If you have to convince yourself, skip it. Rule 2: One trade at a time This strategy works best when: You’re not stacked in multiple correlated trades You treat each setup like it matters Quality > quantity. Rule 3: Journal screenshots, not just numbers After each trade, save: Daily chart screenshot Support level marked Entry / stop / target After 50–100 trades, patterns jump out: Best tolerance % Best stop buffer Markets that behave well vs poorly That’s how the original trader refined it. Rule 4: Expect boredom and drawdowns You will have: Weeks with zero trades Clusters of losses Long flat periods That’s normal. If you “fix” it by adding more trades: You destroy the edge. 9. Who this strategy is perfect for This fits you if: You don’t want screen addiction You prefer process over excitement You’re okay being wrong often You want something you can execute for years It is not for: Scalpers Indicator collectors People who need action every day 10. The mindset shift (the real lesson of that story) The money didn’t come from bullish engulfings. It came from: Defining one repeatable behavior Removing everything else Trusting math + patience Doing nothing most of the time If you want, next we can: Walk through real example trades bar-by-bar Optimize settings for a specific market you trade Add filters that increase quality without adding complexity
Strategia Pine Script®
di kboyle89
BBQ Levels - Options Spread Diversification GridOverview BBQ Levels (also known as "The Grill") is a price-level tracking indicator designed for options traders who use iron condors, put credit spreads, or other spread strategies. It divides the price chart into horizontal zones and tracks which "level" the market currently occupies, helping traders diversify their positions across different price ranges rather than concentrating risk at a single strike. The indicator uses a playful Star Wars naming convention: upward-trending levels are called "Jedi Levels" (JL) and downward-trending levels are called "Sith Levels" (SL). This terminology originated from a trading mentor who found it easier to remember than directional abbreviations. How It Works Level Grid System The indicator creates a grid of horizontal price levels based on your chosen spacing (default: 10 points). Each level represents a price zone where you might consider placing a spread trade. Trend State Tracking The indicator operates in one of two modes: Jedi Mode (Bullish): When price is advancing upward through levels. Each time price breaks above the current level's top boundary, the indicator advances to the next Jedi Level (JL1 to JL2 to JL3, etc.). Sith Mode (Bearish): When price is declining through levels. Each time price breaks below the current level's bottom boundary, the indicator advances to the next Sith Level (SL1 to SL2 to SL3, etc.). Level Transitions Transitions between modes occur when price reverses and touches the opposing level boundary. The indicator uses high/low touches (not closes) to determine level breaks, providing faster signals. Trade Visualization Boxes You can overlay up to 10 colored rectangles representing your actual options positions. Each box shows: - Opening date (when you entered the trade) - Expiration date (when the options expire) - Upper and lower strikes (defining your spread's range) - Custom label (e.g., "Jan IC" or "Feb Put Spread") This lets you see at a glance which price zones you have covered and where gaps exist in your "grill." Practical Application Vertical Diversification Strategy The core idea is to diversify iron condors across multiple price levels rather than placing all trades at the current market price: When market reaches extended Jedi Levels (JL3 or higher): Consider reducing delta on new put credit spreads, as the market may be overextended to the upside. When market reaches extended Sith Levels (SL3 or higher): Consider increasing delta on new positions, anticipating potential mean reversion. Coverage Visualization By drawing boxes for your active positions, you can see which price ranges are "protected" by existing spreads and identify gaps where additional positions might provide better coverage. Settings Guide Main Settings Level Spacing - Distance between horizontal levels in price points. Default is 10. For SPY, 10 points creates meaningful zones; for SPX, consider 50-100 points. Trade Boxes (1-10) Each trade slot has these settings: Show Trade - Toggle visibility of this position box Label - Custom name for the trade (e.g., "Jan 17 IC") Opening Date - When you entered the position Expiration Date - Options expiration date Upper Strike - Top of your spread range Lower Strike - Bottom of your spread range Visual Elements Green labels (JL1, JL2...) - Mark upward level progressions Red labels (SL1, SL2...) - Mark downward level progressions Blue labels - Mark trend reversal points (JL1 after Sith mode, SL1 after Jedi mode) Dashed blue grid lines - Show level boundaries extending into the future Colored boxes - Your configured trade positions Status table (top right) - Current price, level, and trend direction What Makes This Different Unlike standard support/resistance indicators, BBQ Levels is specifically designed for options spread traders. It provides: A systematic framework for diversifying positions across price levels Visual overlay of actual trade positions against the level grid State-based tracking that distinguishes between bullish and bearish market phases Actionable context for adjusting spread deltas based on market extension Best Used On SPY, SPX, or other index products where you trade iron condors Daily or 4-hour timeframes for position planning Lower timeframes (1H, 15m) for timing entries within levels Limitations This indicator does not predict price direction - it only tracks which level price currently occupies The level spacing is fixed and does not adapt to volatility Trade boxes are manual inputs - you must update them as you open/close positions Level progression rules may generate frequent signals during choppy, range-bound markets This is a visualization and organizational tool, not a trading signal generator Disclaimer This indicator is for educational and organizational purposes only. It does not constitute financial advice and should not be used as the sole basis for trading decisions. Options trading involves substantial risk and is not suitable for all investors Past performance does not guarantee future results Iron condors and credit spreads have defined risk but can still result in significant losses Always conduct your own research and consider consulting a financial professional The author is not responsible for any trading losses incurred using this tool Version History v1.0 - Initial release with level tracking v1.1 - Bug fix: levels now update on touch, not close v1.2 - Added trade visualization boxes (up to 10 positions) v1.3 - Fixed expiration date rendering for trade boxes
Indicatore Pine Script®
di luiscaballero
SMA Indicator Signals [MK]Overview The SMA Indicator Signals indicator is designed to identify high-probability trend-following entries using a dual SMA system and RSI filtering. Unlike traditional crossover indicators that rely on ta.crossover (which often fails during volatile market gaps), this script uses state-based logic to capture signals even when the price "jumps" over the moving average. The "Gap-Over" Problem Solved In fast-moving markets or at market open, price often gaps significantly. If the price opens above the SMA 20 after being below it, a standard indicator usually misses the signal because no "physical" cross occurred on the chart. This indicator compares the current state to the previous state. If the price is now above the SMA while previously being below, the signal triggers regardless of the gap. Key Features Persistent Signals: Unlike strategies that hide signals while a trade is active, this indicator plots an icon for every valid occurrence, allowing you to scale into positions or identify secondary entries. Trend-Filtered: Long signals only appear when the 20 SMA is above the 50 SMA (and vice-versa for shorts). RSI Guardrail: Built-in RSI logic prevents you from chasing "Longs" into overbought territory or "Shorts" into oversold conditions. Universal Alerts: Includes pre-configured alertcondition calls for Longs, Shorts, or both. How to Trade it The Signal: Look for the Green (Long) or Red (Short) triangles. User Discretion: Since this version removes automated ADX/Expansion filters, the trader should look at the "width" of the gap between the Blue (20) and Orange (50) SMAs. Wider gaps usually indicate stronger momentum. Alerts: Create an alert and select "Any SSMA Signal" to be notified on your phone or desktop the moment a setup forms. Settings Fast SMA (20): Your primary trigger line. Slow SMA (50): Your primary trend filter. RSI Thresholds: Customize how "early" or "late" you want to be filtered out of a move based on momentum.
Indicatore Pine Script®
di needfulEggs7c991
Adaptive Quant RSI [ML + MTF]This is an advanced momentum indicator that integrates Machine Learning (K-Means Clustering) with Multi-Timeframe (MTF) analysis. Unlike traditional RSI which uses fixed 70/30 levels, this script dynamically calculates support and resistance zones based on real-time historical data distribution. Key Features: 🤖 ML Dynamic Thresholds: Uses K-Means clustering to segment RSI data into clusters, automatically plotting dynamic long/short thresholds that adapt to market volatility. ⏳ MTF Trend Background: The background color changes based on a Higher Timeframe (e.g., 5-min) RSI trend, helping you align with the broader market direction. 📊 Extreme Statistics: Incorporates percentile analysis (95th/5th) and historical pivots to identify extreme overbought/oversold conditions with high reversal probability. 📈 Probability Analysis: Displays the statistical probability of the current RSI value being at the top or bottom of its historical range. Usage: Look for confluence between the dynamic ML thresholds and the MTF background color to identify high-probability reversal setups.
Indicatore Pine Script®
di tkwatck
Intuitive Predictive MACD TargetsThis indicator uses Reverse Engineering math to calculate the exact price the market needs to reach for specific MACD events to happen on the current bar. Standard MACD is a lagging indicator—you usually wait for the candle to close to confirm a signal. This script changes that by drawing "Finish Lines" on your chart, showing you exactly where price must go right now to trigger a Crossover or a Momentum Hook. The "Reverse Engineering" Concept Instead of calculating MACD from Price, we calculate the Required Price from the Target MACD. Q: "At what price will the MACD line cross the Signal line?" A: The script solves this and draws the Green/Red "Crossover" Line. Key Features 1. Three Distinct Targets Crossover Target (PCO/NCO): The exact price needed to trigger a Buy/Sell signal on the current candle. Dynamic Coloring: Turns Green if price needs to go UP to cross, Red if price needs to go DOWN. Settlement Target (The Hook): The exact price where the MACD momentum flattens out (Angle = 0). If price touches this Orange Dashed Line, the trend is likely pausing or preparing to reverse. Zero Cross Target: The price needed for MACD to reclaim the Zero Line. 2. Smart "Staggered" Labels (No Overlap) Unlike other scripts where text piles up and becomes unreadable, this indicator automatically spreads labels horizontally. Crossover info stays near the price. Settlement info is shifted to the right. Zero info is shifted further right. Result: You can read all three targets clearly, even if the prices are almost identical. 3. Full Customization Line Length: Choose "Infinite" to see targets as Support/Resistance levels across the screen, or "Short" to keep your chart background clean. Text Visibility: Option to force text to White or Black for high contrast on Dark/Light themes. Styles: Fully adjustable colors, line widths, and styles (Solid, Dashed, Dotted) for each target type. How to Use The "Finish Line" Strategy: If you are Long, and the Red NCO Line appears just below the current price, be cautious. It means a very small drop will confirm a Bearish Cross. Momentum Checks: Watch the Orange "Settlement" Line. If price is moving away from the Orange line, the trend is accelerating (Safe to hold). If price touches the Orange line, momentum has died (Consider taking profit). Settings Visual Settings: Change Line Length (Infinite/Short) and Text Color. MACD Settings: Standard inputs (Default 12, 26, 9). Toggles: Option to show/hide the Zero Line target.
Indicatore Pine Script®
di PratikKharat1990