Quant Stats: Alpha, Beta, R2Quant Stats Indicator for TradingView: Alpha, Beta, and R-Squared
Overview
The Quant Stats Indicator is a professional-grade Pine Script tool designed for quantitative traders and hedge fund managers who need real-time analysis of stock or ETF performance against a benchmark using three fundamental CAPM metrics: Beta, R-Squared, and Alpha.
This indicator calculates three critical measurements that answer every quant trader's core questions: How volatile is this asset relative to my benchmark? How much of its performance is independent of the benchmark? And how much excess return am I achieving after adjusting for risk?
The Three Metrics Explained
Beta (β) measures systematic risk and volatility relative to your chosen benchmark. A Beta of 1.0 means the asset moves in lockstep with the benchmark. A Beta above 1.0 indicates higher volatility—if the market rises 10%, a Beta-1.5 asset should rise 15%. Conversely, a Beta below 1.0 indicates lower volatility, making it a defensive position. This metric helps you understand how much market exposure you're truly taking.
R-Squared (R²) quantifies what percentage of an asset's price movement can be explained by benchmark movements. An R² of 0.95 means 95% of the asset's moves are driven by the benchmark, leaving only 5% unexplained. Conversely, an R² of 0.2 means 80% of the asset's movement is independent of the benchmark. This distinction is crucial: high R² is desirable for passive index tracking but indicates weak alpha potential; low R² reveals genuine independent returns, exactly what active managers seek.
Alpha (α) reveals Jensen's Alpha—the excess risk-adjusted return after accounting for the return you "should" earn given your Beta exposure. A positive Alpha of 15% means you're outperforming the market by 15 percentage points after adjusting for systematic risk. This is the holy grail of stock picking: pure skill-driven excess return, not luck from market exposure.
How to Use It
Configure four key inputs: your benchmark ticker (default SPY, but use QQQ for tech-focused analysis or sector-specific ETFs), the lookback period in days, and the risk-free rate reflecting current Treasury yields. The lookback period is critical. Use 20 days for tactical trading to capture short-term sentiment and beta spikes; use 63 days for swing trading and quarterly rebalancing; use 252 days for structural asset allocation decisions.
The indicator plots Beta as a blue line, R-Squared as a red shaded background area, and Alpha as a green line in a sub-panel. Reference gridlines appear at Beta = 1.0 (market-equivalent volatility) and Alpha = 0.0 (breakeven performance), making interpretation intuitive.
Practical Applications
For swing traders monitoring a 63-day window, seek positions with low Beta (below 0.8) and positive Alpha—these are defensive winners. Avoid high Beta (above 1.2) with low R² unless you specifically want high-volatility speculation. Long/short hedge funds should use a 20-day lookback to detect regime changes: sudden Beta spikes often precede correlation breakdowns, while R² collapses signal rising idiosyncratic risk requiring immediate rebalancing.
For ETF portfolio construction, high R² (above 0.95) indicates index-tracking that doesn't justify active management fees. Low R² (below 0.3) combined with positive Alpha reveals genuine active management skill. The sweet spot is moderate Beta (0.5–0.8) with low R² and positive Alpha—a true diversifier that reduces portfolio volatility while generating independent returns.
Critical Interpretation Rules
A common mistake is assuming high R² is always desirable. It isn't. Passive index funds naturally have high R²; active managers should target low R² with high Alpha. Similarly, don't assume Alpha above 10% is sustainable—short-term Alpha (20–100 days) is inherently volatile and often represents temporary mispricings rather than repeatable skill. Always pair Beta analysis with R² interpretation; Beta alone ignores idiosyncratic risk, liquidity constraints, and tail risk.
Configuration Recommendations
Conservative investors should use SPY as benchmark with a 252-day lookback, targeting Alpha above 3% and Beta below 0.8. Growth-oriented portfolios might use QQQ with a 63-day lookback, targeting 8–12% Alpha and tolerating Beta up to 1.3. Hedge funds pursuing market-neutral strategies should use SPY with a 20-day lookback, set the risk-free rate to 2% (anticipating rate cuts), and target 15%+ Alpha while maintaining Beta below 0.3.
Important Limitations
The indicator is backward-looking; historical statistical relationships may not persist. Shorter lookback periods are noisier but more responsive; longer periods smooth noise but lag regime changes. Choosing the wrong benchmark completely invalidates analysis. Finally, the indicator doesn't account for tail risk or extreme market events where correlations spike unpredictably and Beta becomes unreliable.
Use this tool to separate signal from noise and identify true alpha generators. Apply it consistently, validate results against official fund factsheets, and monitor for 2–4 weeks before making significant portfolio decisions.
Indicatori e strategie
HTB NY Session VWAP with Prev CloseVisual Distinction: The current VWAP is a bold pink line that moves with price, while the previous VWAP appears as a static, thin gray line, providing a clear "anchor" from yesterday's value.
Many institutional traders look for "Value Area" relationships. If today's price opens above the Previous Session VWAP, the market is considered "internally bullish." If it fails to hold that level and crosses below it, it often signals a "mean reversion" or a trend reversal.
Would you like me to add an alert that triggers specifically when the current price touches the Previous Session VWAP line?
Big Trend Catcher: Quad-Gate & VCP & ATR trailing Swing TradeThe Strategy Philosophy
This is designed for Daily Charts to capture the large chunks if not all of a primary trend. It focuses on the "VCP" (Volatility Contraction Pattern), combined with high-grade momentum filtering.
1. How VCP (The Quiet Zone) is Calculated
The script identifies "Volatility Contraction" by measuring the Bollinger Band Width (BBW).
* The Math: It calculates the standard BBW: $(Upper Band - Lower Band) / Mid Band$.
* The "Quiet" Threshold: It compares the current width to its own 50-period Simple Moving Average.
* The Signal: When the current width is narrower than the 50-period average, the stock is in a "Quiet Zone" (represented by the blue background). This indicates energy is coiling for a potential breakout.
2. How Rate of Change (ROC) is Calculated
Unlike a standard ROC, this "Wizard" version uses a smoothed momentum filter to reduce whipsaws:
* Raw ROC: First, it calculates the raw percentage change over 15 bars: $100 x (Close / Close(15) - 1).
* Smoothing: This raw value is then smoothed using a 10-period EMA.
* The Gate: The ROC Gate only turns green when this smoothed value is greater or equal to 0, ensuring the stock has genuine upward velocity before you enter.
3. What the Indicators on the Chart Show
* Yellow Line (20 EMA): Your "Tactical Line." It tracks short-term momentum and acts as a trigger for Phoenix re-entries.
* Blue/Gray Line (100 EMA): Your "Regime Filter." It turns Blue when the trend slope is positive and Gray when negative.
* Thin Gray Outer Bands: These are Bollinger Bands set at 3 Standard Deviations from the 100 EMA. They mark extreme "Climax Zones" where price is statistically overextended.
* Stepped Red/Green Line (ATR Stop): The "Iron Floor." It uses a 20-period ATR with a 3.0 multiplier and an HHV (Highest High Value) lookback to ensure the stop only moves up, never down.
* Yellow Crosses (Gate Wait): These small icons appear above the bars when a signal has been detected but one or more "Wizard Gates" (such as the ROC or 100 EMA Slope) are not yet satisfied, signifying the strategy is waiting for full confirmation.
4. How to Trade This Strategy
* Step 1: The Setup: Look for the Blue Background on the daily chart, signifying a Volatility Contraction.
* Step 2: The Entry: An Initial Entry (Lime Triangle) fires when the price breaks out of the Quiet Zone with a volume spike. This volume must be greater than 1.3 times the 20-period Simple Moving Average of volume to confirm significant buying interest. An entry only occurs when all Quad-Gates (ROC, EMA Slope, Price > ATR) are satisfied.
* Step 3: Pyramiding: If the trend gains "Velocity" (price > 10% from entry), the script will signal a second unit to maximize gains during runaway moves.
* Step 4: The Exit: Sell the entire position if the price closes below the ATR Trailing Stop (Trend Death) or if the 100 EMA trend turns down.
5. The Phoenix Re-entry
If you are stopped out but the stock immediately recovers above the 20 EMA within 10 bars, a Phoenix Entry (Orange Triangle) will fire. This allows you to catch "Power Resumptions" where the initial shakeout was a bear trap.
Monthly Seasonality AnalyzerThis indicator analyzes historical performance/seasonality of a chosen month, from date of inception to present. Users can choose any calendar month via dropdown menu.
For each historical month selected, it will calculate the monthly percentage gain/loss, range(volatility), and average gain/loss percentage, average range percentage across all recorded years. Positive returns are colored green and negative returns are red. Also, calculates if the selected month was bullish(open>close) or bearish.
When current chart month matches the selected month, it shows the in-progress range as well.
Data is collected from 1930 to present. Results are shown in vertical and horizontal tables. If the vertical table exceeds a 36 years, the script automatically switches to horizontal table to display all the data, with option to change table position.
Overall this tool is valuable for seasonality research, such as Santa Rally, May Go Away and swing trading/ position trading to capture the monthly PO3 range.
Most seasonality indicators show all 12 months at once or use daily bars. This one zooms in deeply on one month only, providing detailed per-year breakdowns, accurate completed-month stats, and a practical live range display.
The script uses arrays to store years, gains, and ranges. Uses table.new(), table.cell(), table.merge_cells() for easily readable result display. Code handles the current in-progress month separately (shows live range without including it in historical averages).
**Script will not run on any timeframe other than monthly and displays error otherwise. Script is best used on spot and not futures.
Gold Futures Prop-Firm Strategy (GC) 1-18-2026Overview
This is a long-only, session-based, multi-regime trading strategy designed specifically for Gold futures (GC / GC1!) on intraday timeframes (typically 5–15 minutes).
The strategy aims to capture high-probability moves during the New York and Asian sessions while avoiding major economic news events and enforcing strict daily risk limits — making it suitable for prop firm challenges (e.g. FTMO, FundedNext, Apex, etc.) that require consistent profitability, limited drawdown, and disciplined risk management.
Core Philosophy
Trade longs only (shorts were removed after analysis showed they were consistently unprofitable)
Different logic depending on session and market regime (trending vs ranging)
Heavy filtering using trend strength (ADX), volume confirmation, EMA alignment, Bollinger Bands, and RSI
Strict position sizing, daily loss cap, per-session trade limits, and news blackout periods
Trailing stop mechanism to let winners run while protecting against reversals
Trading Sessions & Time Windows (Eastern Time)
NY Session: 08:30 – 15:00 ET
NY AM (trend/breakout zone): 08:30 – 11:30 ET
NY PM (mean-reversion zone): 11:30 – 15:00 ET
Asia Session (mean-reversion zone): 18:00 – 02:00 ET
News blackouts: short windows around high-impact releases (CPI/NFP, ISM/Fed, FOMC)
Entry Logic (Long Only)
NY AM – Trend Following & Breakouts (strongest trend filter)
ADX > 30 (strong trend)
Price above 200 EMA (bull regime)
Fast EMA (21) crosses above Slow EMA (55) or breakout above 20-bar high
Volume spike (> 1.4 × 20-period SMA)
Max 2 trades per NY session per day
NY PM & Asia – Mean Reversion
ADX ≤ 30 (ranging market)
Price below lower Bollinger Band (20, 2.0)
RSI < 25 (deep oversold)
No volume filter required here
Max 2 trades per Asia session per day
Risk Management Rules
Position size: Fixed 1–2 contracts (user selectable)
Initial stop: 1.7 × ATR(14) below entry (tightened from original)
Trailing stop:
Activates after price moves +1.0 × ATR in profit
Trails by 1.0 × ATR (locked-in profits aggressively)
Daily loss limit: -$600 (stops all trading for the day once hit)
No trading during defined news windows
Pyramiding disabled (only one position at a time)
No short entries (removed after backtest analysis)
Indicators Used
EMA 21 / 55 / 200 (trend direction & filter)
ATR(14) × 0.85 (volatility base)
ADX(14) threshold 30 (strong trend confirmation)
Bollinger Bands (20, 2.0) for mean-reversion entries
RSI(14) with oversold < 25
Volume spike filter (1.4× SMA) for trend/breakout entries
20-bar highest high / lowest low for breakout detection
Visual Elements on Chart
Fast (blue), Slow (orange), and Filter (red) EMAs
Bollinger Bands (gray, semi-transparent fill)
Background coloring:
Red tint during news blackout periods
Purple tint when daily loss limit is hit
Intended Use Case
Prop trading firm evaluation accounts
Conservative intraday gold trading
Focus on high-quality long setups in trending (NY AM) and mean-reverting (Asia/PM) environments
Goal: positive expectancy with controlled drawdown, suitable for passing drawdown and profit targets
Apex Adaptive Trail [Neuro-Core Auto]Self-tuning trend and trade management framework
This version is a major functional upgrade of the original Apex Adaptive Trail.
It introduces an Auto-Pilot engine that dynamically adapts the indicator’s behavior to the active chart timeframe, reducing the need for manual tuning while preserving full transparency and control.
1. What Makes This Version Different
Unlike previous versions, v6 AUTO is not configured manually by default.
When Auto-Pilot is enabled, the script:
Detects the chart timeframe
Automatically adjusts ATR length and multiplier
Dynamically sets confidence thresholds
Modifies decay speed and add cooldowns
The result is a timeframe-aware execution model, not a fixed-parameter indicator.
Manual mode remains available for advanced users.
2. Core Architecture (Not a Simple Mashup)
This script is built as a single, state-driven system where each component influences the others.
Adaptive ATR Trail The trailing level defines both:
Trend direction
Dynamic exit logic
Its sensitivity is adjusted using volatility statistics and Auto-Pilot parameters.
Volatility Regime Detection
An ATR Z-Score is used to identify abnormal volatility conditions:
Expands the trail during high volatility
Restricts position adds when volatility is excessive
3. Confidence-Driven Decision Engine
Instead of binary signals, the script computes a normalized confidence score based on:
EMA distance (trend alignment)
ADX (trend strength)
Choppiness Index (market structure)
Daily higher-timeframe bias
All values are merged into a single confidence metric that controls:
Initial entries
Additional entries (pyramiding)
Emergency exits
4. Auto-Pilot Logic (Timeframe Adaptive)
When Auto-Pilot is active, the script selects a behavioral profile:
Turbo Mode (M1–M5): fast reaction, tight decay
Scalp Mode (M15): balanced sensitivity
Day Mode (M30): moderate trend persistence
Swing Mode (H1+): conservative and stable
This allows the same script to be used across multiple timeframes without retuning inputs.
5. Trade State & Risk Governance
The script internally tracks trade state:
FLAT LONG SHORT
Position adds are allowed only when: Price pulls back toward the adaptive trail
Confidence remains above a dynamic threshold
Volatility and cooldown conditions are respected
A Guardian system can force exits when confidence collapses during active trades.
6. How to Use
Follow the trail for trend direction INIT labels indicate potential trend starts
ADD labels indicate controlled continuation opportunities
Exit occurs on trail breaks or Guardian protection
Designed for trend-following and trade management, not for scalping or signal-only use.
7. Difference vs Previous Apex Adaptive Trail
Compared to earlier versions, update introduces:
Timeframe-aware Auto-Pilot configuration
Dynamic thresholds for entries, adds, and exits
Reduced need for manual parameter optimization
Improved usability for non-programmers
Earlier versions remain suitable for users who prefer full manual control.
8. Open-Source & Credits
This script is published as open-source under the Mozilla Public License 2.0.
© mentalExpert19609
GS Quantum Radar [Elite Aesthetic - Bilingual]GS Quantum Radar / GS 量子雷達
Overview / 概述
Inspired by the quantum physics concept of "Ghostly action at a distance," the GS Quantum Radar is a high-end quantitative tool designed to capture the hidden correlations between two entangled assets (e.g., 2330.TW vs. TSM, or NVDA vs. AI sector). It identifies "Quantum Tension"—statistical deviations that signal imminent mean reversion or breakout opportunities.
受量子力學中**「幽靈般的遠距作用」**啟發，GS 量子雷達是一款專為捕捉資產間隱藏關聯而設計的高階量化工具（例如台積電與 TSM ADR，或 NVDA 與 AI 類股）。它能識別「量子張力」——即統計學上的異常偏離，預示著即將到來的均值回歸或突破機會。
Core Logic / 核心邏輯
The indicator operates on Statistical Arbitrage principles using a dynamic Z-Score model:該指標基於統計套利原理，採用動態 Z-Score 模型：
Entanglement Strength (Correlation) / 糾纏強度（相關性）： It measures how synchronized the two assets are. Signals are only valid when the correlation is high, ensuring you aren't trading noise.衡量兩項資產的同步程度。僅在相關性高時訊號才有效，確保您避開市場雜訊。
Quantum Tension (Z-Score) / 量子張力 (Z-Score)： Using the formula $Z = \frac{x - \mu}{\sigma}$, it calculates the price ratio deviation.透過公式 $$Z = \frac{x - \mu}{\sigma}$$
計算價差比率的偏離值。
$Z > +2$ (Red Column / 紅色柱狀): Particle A is overstretched (Overvalued). / 資產 A 擴張過度（相對高估）。
$Z < -2$ (Green Column / 綠色柱狀): Particle A is compressed (Undervalued). / 資產 A 壓縮過度（相對低估）。Shutterstock探索
Key Features / 主要功能
Bilingual Cyberpunk Dashboard / 中英雙語賽博龐克儀表板: Real-time monitoring of network status, entanglement strength, and tension levels with intuitive scale bars.即時監控網路狀態、糾纏強度與張力水平，配備直觀的比例尺進度條。
Aesthetic UI / 視覺美學: Designed with a Neon-Tokyo palette. Optimized for Dark Mode with a focus on high-density information display.採用霓虹東京配色。專為深色模式優化，專注於高密度資訊顯示。
Taiwan Style Color / 台股配色慣例: Red for Bullish/Up, Green for Bearish/Down.符合台股習慣：紅漲、綠跌。
How to Use / 如何使用
Select your pair / 選擇對象: Load the script on your primary chart (e.g., 2330.TW) and input the "Entangled Particle" (e.g., NASDAQ:TSM) in settings.在主圖表（如 2330.TW）掛載腳本，並在設定中輸入「糾纏對象」（如 NASDAQ:TSM）。
Monitor the Status / 監控狀態: Look for "STRONG BUY" or "TAKE PROFIT" advisories on the dashboard.觀察儀表板上的「強力買進 (STRONG BUY)」或「獲利了結 (TAKE PROFIT)」建議。
Execute / 執行交易: Enter when the "Quantum Tension" hits the $\pm 2.0$ thresholds while "Entanglement" is full.當「量子張力」達到 $\pm 2.0$ 臨界點且「糾纏強度」滿格時進場。
Disclaimer / 免責聲明Trading involves significant risk. This indicator is a statistical tool for decision support and does not guarantee profits. Use with proper risk management.交易涉及重大風險。本指標為輔助決策的統計工具，不保證獲利。請配合適當的風險管理使用。
Levels With Touch Color (Dotted Touch)Engulfing Candles — Levels with Touch & Liquidity Sweep
This indicator detects bullish and bearish engulfing candlestick patterns and plots support/resistance levels based on these patterns. It also highlights touch points where price interacts with these levels and visualizes liquidity areas for potential buy and sell zones.
Features:
Detects bullish and bearish engulfing patterns
Plots fixed levels at the high or low of the engulfing candle
Pointed touch lines:
Level changes color when price touches the level without breaking it
Green for bullish touches, red for bearish touches
Liquidity visualization:
Buy-side liquidity displayed as a line below the touched bullish level
Sell-side liquidity displayed as a line above the touched bearish level
Clean visual design with no background boxes, keeping the chart uncluttered
Automatic management of historical lines to prevent chart overload
Fully customizable liquidity offset and max number of historical levels
How to use:
Look for engulfing candle levels forming on the chart.
Watch the touch lines (green/red) for potential price reaction areas.
Identify zones where stop-hunts or market liquidity might appear.
Combine with your strategy or price action tools to find entries or exits.
Inputs:
Max history lines — Limits how many historical levels are kept on the chart
Liquidity offset — Adjusts distance of liquidity lines from the original level
Notes:
Touch lines turn colored only when price interacts with the level but does not break it.
Liquidity lines extend a few bars forward for visual clarity.
Works on all timeframes.
Performance Table: Standard DCA | Last 6-12-24-48MThis indicator visualizes Standard Dollar-Cost Averaging (DCA) performance across multiple time horizons (6M, 12M, 24M, 48M).
It summarizes invested capital, current portfolio value, net profit, and return percentage in a compact table, allowing quick comparison of short- and long-term DCA outcomes.
Designed for long-term investors, it helps evaluate how consistent periodic investments perform over time without relying on market timing.
The indicator is asset-agnostic and works on any symbol supported by TradingView.
Key use cases:
Long-term portfolio tracking
DCA strategy validation
Performance comparison across periods
Educational and analytical purposes
This tool focuses on clarity and realism, avoiding over-optimization and short-term noise.
--
I hope this table helps investors better understand long-term DCA performance.
Feedback and suggestions for improvement are always welcome.
ULTIMATE Multi-TF Previous CloseULTIMATE Multi-TF Previous Close displays previous close levels across multiple timeframes in one simple, non-repainting indicator.
These levels often act as key decision points, providing natural support, resistance, and directional bias.
Ideal for day traders, swing traders, and scalpers who want higher-timeframe context without clutter.
Features include:
Yearly → 5-minute timeframe coverage
Right-extended horizontal levels
Optional labels with exact prices
Tick-accurate rounding
Designed for clarity. Built for precision.
AI Oversold Swing - Screener//@version=5
indicator("AI Oversold Swing - Screener", overlay=false)
// ─────────────────────────
// USER INPUTS
// ─────────────────────────
maxPrice = input.float(75.0, "Max Price ($)")
rsiLen = input.int(14, "RSI Length")
rsiOversold = input.float(35.0, "RSI Oversold Level")
bbLen = input.int(20, "BB Length")
bbMult = input.float(2.0, "BB StdDev")
supportLen = input.int(20, "Support Lookback (days)")
nearSupportPct = input.float(1.5, "Near Support %")
undercutPct = input.float(0.5, "Allowed Undercut %")
atrLen = input.int(14, "ATR Length")
maxATRfromSup = input.float(1.0, "Max ATR From Support")
minDollarVol = input.float(75000000.0, "Min Dollar Volume", step=1000000)
requireTrigger = input.bool(false, "Require Reversal Trigger")
// ─────────────────────────
// DAILY DATA (screener uses indicator outputs)
// ─────────────────────────
dClose = request.security(syminfo.tickerid, "D", close)
dLow = request.security(syminfo.tickerid, "D", low)
dVol = request.security(syminfo.tickerid, "D", volume)
dPrevC = request.security(syminfo.tickerid, "D", close )
// ─────────────────────────
// INDICATORS
// ─────────────────────────
rsi = ta.rsi(dClose, rsiLen)
basis = ta.sma(dClose, bbLen)
dev = bbMult * ta.stdev(dClose, bbLen)
bbLow = basis - dev
atr = request.security(syminfo.tickerid, "D", ta.atr(atrLen))
support = ta.lowest(dLow, supportLen)
distPct = support > 0 ? (dClose - support) / support * 100.0 : na
distATR = atr > 0 ? (dClose - support) / atr : na
dollarVol = dClose * dVol
// ─────────────────────────
// CONDITIONS
// ─────────────────────────
priceOK = dClose > 0 and dClose <= maxPrice
liqOK = dollarVol >= minDollarVol
oversold = (rsi <= rsiOversold) and (dClose <= bbLow)
nearSup =
support > 0 and
dClose <= support * (1 + nearSupportPct / 100.0) and
dClose >= support * (1 - undercutPct / 100.0) and
distATR <= maxATRfromSup
setup = priceOK and liqOK and oversold and nearSup
// Optional reversal confirmation
rsiReversal = ta.crossover(rsi, rsiOversold)
greenCandle = dClose > dPrevC
trigger = rsiReversal or greenCandle
signal = requireTrigger ? (setup and trigger) : setup
// ─────────────────────────
// SCREENER OUTPUTS
// ─────────────────────────
plot(signal ? 1 : 0, title="Signal (1 = YES)")
plot(rsi, title="RSI (Daily)")
plot(distPct, title="Dist to Support % (Daily)")
plot(distATR, title="Dist to Support ATR (Daily)")
plot(dollarVol, title="Dollar Volume (Daily)")
Tori TrendlinesBasic script to plot trendlines according to the basic rules following Tori Trades strategy. This is a work in progress so please let me know if you find any issues with this.
Gemini Clean OB AlertPivot Point Usage: Instead of detecting each candle of an opposite color, the script uses `ta.pivothigh/low`. This means it only marks a Pivot Point if the price has actually made a significant high or low relative to the 10 preceding and following candles.
Dynamic Cleanup (Mitigation): As soon as the price returns to "fill" the area (depending on your choice: simple contact or close), the box disappears from the chart. This keeps your view clean and focused on the remaining untouched areas.
Period Setting: You can increase the "Detection Period" (e.g., from 10 to 20) in the settings to filter out even more noise and keep only the major areas.
John Trade AlertsImagine you are watching a ball bounce up and down on a graph.
This script is like a set of rules that says:
When to start playing
When to stop playing
When you got some prize levels
and it yells to you (alerts) when those things happen.
The main ideas
Breakout Buy (ball jumps high)
There is a line drawn high on the chart called the breakout level.
If the price (the ball) closes above that line, and some extra “good conditions” are true (enough volume, uptrend, etc.),
the script says: “We entered a Breakout trade now.”
Pullback Buy (ball dips into a box)
There is a zone (a small box) between a low line and a high line: the pullback zone.
If the price closes inside that zone, and the pullback looks “healthy” (not too much volume, still above a moving average, etc.),
the script says: “We entered a Pullback trade now.”
Stops (when to get out if it goes wrong)
For each entry type (Breakout or Pullback), there is a red stop line under the price.
If the price falls below that stop line, the script says:
“Stop hit, we’re out of the trade.”
Hard Support / Invalidation (big no‑no level)
There is a special hard support line.
The script also looks at the 1‑hour chart in the background.
If a 1‑hour candle closes below that hard support, it says:
“Hard invalidation – idea is broken, get out.”
Targets (prize levels)
Above the current price there are several orange lines: Target 1, 2, 3A, 3B, 4A, 4B.
If the price goes up and crosses one of these lines, the script says:
“Target X reached!”
Trend and Volume “health checks”
It checks if the short‑term average price (SMA20) is going up → “uptrend.”
It can check if price is above a long‑term average (SMA200).
For breakouts, it checks if volume is stronger than usual (good push).
For pullbacks, it prefers quieter than usual volume (calm dip).
It can also check an Anchored VWAP line (a special average price from a chosen starting time) and only trade if price is above that too.
Remembering if you are “in a trade”
The script keeps a little memory:
Are we currently in a position (inPos) or not?
Was it a Breakout or a Pullback entry?
What is our entry price and active stop?
When it gets a new entry signal, it turns inPos to true, picks the right stop, and draws that stop line.
When a stop or hard invalidation happens, it sets inPos to false again.
It can also “forget” and reset at the start of a new trading day if you want.
Alerts
When:
you get a Breakout entry
or a Pullback entry
or a Stop is hit
or the hard support is broken on 1‑hour
or a Target is reached
the script sends a message you can use in TradingView alerts (pop‑ups, email, webhook, etc.).
Things you see on the chart
Teal line: Breakout level
Green lines: Pullback zone low & high
Red line: Active stop (only when you’re “in” a trade)
Orange lines: Targets 1, 2, 3A, 3B, 4A, 4B
Blue line: Anchored VWAP (if you turn it on)
Purple faint line: SMA20 (short‑term trend)
Gray faint line: SMA200 (long‑term trend)
Little label near the last bar that says:
if you’re IN or Flat
which type of entry (Breakout/Pullback)
what your current stop is
So in kid words:
It draws important lines on the chart.
It watches the price move like a ball.
When the ball does something special (jump above, fall below, hit a prize line),
it shouts to you with alerts.
It remembers if you’re in the game or not, and where your safety line (stop) is.
Chart This in GoldProduces a historical line chart in the bottom pane to reflect how many units of spot gold (XAU) could be exchanged for one unite of the underlying asset.
Ichimoku Multi-BG System by Pranojit Dey (Exact Alignment)It shows trend of different levels with the help of Ichimoku, VWAP, SMA and Pivot. Use it as a strong confluence for any entry. Lets trade guys...
Needle Below 20, Sub-chart## 指标名称
**单针下20副图（Needle Below 20, Sub-chart）**
## 一句话概述
在**中周期保持强势**的背景下，用短周期的“快速降温”来定位**强势回撤/错杀**，并额外标记**极端超卖（双线归零）**的情绪极值窗口。
---
## 指标逻辑与构成
本指标包含两条强弱线（随机指标风格的区间归一化）：
* **短期线（默认 3）**
反映近短周期内价格在区间的位置，敏感度高，用于捕捉短线回撤与情绪快速降温。
* **长期线（默认 21）**
反映中周期强弱分布，用作“趋势/强势背景”的过滤。
并提供两类柱状提示（STICK）：
1. **双线归零（默认：短期≤6 且 长期≤6）**
代表“情绪极端恐慌/极端超卖”的窗口，更多用于观察**反弹可能性**与“风险释放阶段”。
2. **单针下20（默认：短期≤20 且 长期≥80）**
代表“中周期强势未破 + 短线急跌/下探”的典型回撤信号，用于寻找趋势交易中的**回撤介入候选**。
图中绘制 **80/20** 参考线，帮助快速判断分位区域。
---
## 使用方法（推荐工作流）
### 1）先定“背景”：只在你认可的趋势环境使用
本指标本质是“**强势回撤定位器**”，并不负责替你判断大盘/板块/个股是否处于可交易趋势。建议搭配以下任一类过滤器：
* **趋势过滤（强烈推荐）**
* 价格位于中长期均线之上（例：MA50/MA200 上方）
* 或者你自己的趋势线/多空线系统显示多头趋势（如：快线>慢线、结构未破）
* **结构过滤（强烈推荐）**
* 回撤仍然在关键支撑之上（前高、趋势线、箱体上沿回踩等）
* 避免在明显“破位下跌”的结构中把信号当作抄底依据
### 2）信号触发后的处理：不要“看到就买”，而是“进入观察与触发”
* **单针下20（黄柱）**：
作为“候选提示”，下一步关注是否出现：
* 回踩关键位后的止跌K线（锤子线/吞没/放量止跌等）
* 次日/后续重新站回关键位或出现趋势延续确认
* 量价关系转好（缩量回撤、放量反转等）
* **双线归零（红柱）**：
更偏“情绪极值”提示，常见用途是：
* 提醒你风险已经释放到极端区域，观察是否出现反弹结构
* 不建议无过滤硬抄底；更适合与“结构止跌/大盘企稳”一起使用
---
## 风险控制与止损思路（示例，不构成建议）
以下仅提供“如何把信号落到可执行”的框架示例：
* **入场触发（示例）**
* 黄柱出现后：等待价格在关键位止跌，或出现确认K线再介入
* 分批：先小仓试错，确认后再加
* **止损锚点（示例）**
* 关键支撑位下破（趋势线/前低/箱体下沿）
* 或“信号触发后的反弹失败又破前低”
* **仓位建议（原则）**
* 把仓位大小与止损距离联动：止损距离越大，仓位越小
* 避免单次信号重仓；这类信号更适合“低风险试错 + 确认加仓”的趋势回撤逻辑
---
## 参数说明与调参建议
### 1）为什么是 3 / 21？
* **3**：强调“短期情绪/回撤”的敏感度，适合捕捉快速下探
* **21**：近似一个月交易日，刻画中周期强弱背景，适合作为“强势过滤”
如果你交易周期更短（更偏日内/隔日）：
* 可考虑 **短期 2–5**、长期 **13–34** 区间做测试。
如果你交易周期更长（偏波段/中线）：
* 可考虑 **短期 5–8**、长期 **34–55**。
### 2）为什么阈值是 6 / 20 / 80？
* **6**：更接近“极端”区域，用于标记情绪极值（双线归零）
* **20/80**：经典分位阈值，表示低位/高位区域，用于区分“短弱/长强”的错位状态
### 3）如何调参更贴合你的市场与标的？
建议按“信号密度—胜率—回撤”三者权衡：
* 信号太多：
* 降低“长期≥”阈值的触发频率（如 80→85）
* 或提高“短期≤”门槛的严苛度（20→15）
* 或把长期周期加长（21→34）
* 信号太少：
* 放宽阈值（长期 80→75、短期 20→25）
* 或缩短长期周期（21→13）
调参务必结合你常交易的品种波动特征，建议在同一市场同一类标的上做一致性回测/复盘。
---
## 免责声明
本脚本仅用于教育与研究目的，展示一种技术分析可视化方法，不构成任何形式的投资建议、交易建议或收益承诺。市场有风险，交易需谨慎。使用者应基于自身风险承受能力独立决策，并对交易结果自行负责。作者不对任何因使用本脚本导致的直接或间接损失承担责任。
---
## 致谢与来源
* **策略/思路来源**：B站 UP 主 **z哥** 的相关分享与讲解。
* **实现说明**：本脚本为 TradingView（Pine Script）版本的复现与可视化实现，便于在 TradingView 环境中使用与研究。
* 如原作者对公开引用有额外要求，请以原作者说明为准；若有侵权或需要修改归因方式，请联系我调整/下架相关描述。
下面给你补齐一份**英文版（可直接用于 TradingView 发布页）**，并与中文版结构对齐，符合社区常见写法（Overview / How it works / How to use / Inputs / Risk / Credits）。
---
## Title
**Needle Below 20 (Sub-chart) — TDX Style Recreation**
## Overview
This indicator is an auxiliary tool designed to spot **sharp short-term pullbacks (shakeouts) within a strong mid-term regime**, and to highlight **extreme oversold “panic” zones**. It is best used as a **candidate filter and timing aid** inside a broader trend-following framework, rather than as a standalone buy/sell signal.
## How it works
The script plots two normalized strength lines (stochastic-style normalization over a lookback window):
* **Short-term line (default: 3 bars)**
Captures fast sentiment cooling and short-term compression (high sensitivity).
* **Long-term line (default: 21 bars)**
Represents the mid-cycle regime strength, used as a context filter.
It also provides two stick/column signals:
1. **Double-Line Near-Zero (Red stick)**
Triggered when **Short-term ≤ 6 AND Long-term ≤ 6** (defaults).
This typically represents an **extreme oversold / capitulation-like** window, often used to monitor potential technical rebounds (confirmation recommended).
2. **Needle Below 20 (Yellow stick)**
Triggered when **Short-term ≤ 20 AND Long-term ≥ 80** (defaults).
This is commonly interpreted as a **strong regime intact + sudden short-term dump/pullback**, useful for spotting potential **trend pullback re-entry candidates**.
Reference levels **80/20** are drawn for quick zone reading.
### How to use (recommended workflow)
1. **Define the regime first (strongly recommended)**
This indicator does not decide whether a market is tradable. Use a trend/structure filter, for example:
* Price above a medium/long MA (e.g., MA50/MA200), or your own trend model
* Structure not broken (support holds, pullback into a valid support zone)
2. **Treat signals as “watchlist triggers,” not instant entries**
* **Yellow stick (Needle Below 20):**
After it prints, look for confirmation such as:
* A hold/reclaim of a key level (prior high, trendline, range top retest, etc.)
* A reversal candle or continuation confirmation
* Constructive volume/price behavior (e.g., pullback on lighter volume, rebound with demand)
* **Red stick (Double-Line Near-Zero):**
Best viewed as an **extreme sentiment/oversold marker**. Avoid blind bottom-fishing; combine with structure stabilization and broader market context.
## Risk management (examples, not financial advice)
* **Entry trigger (example):** scale in after confirmation rather than buying the first signal
* **Stop reference (example):** below the key support / prior swing low / structural invalidation level
* **Position sizing principle:** size positions based on stop distance; larger stop = smaller size
## Inputs / Parameters
* **Lookbacks (3 / 21):**
* 3 bars: short-term sensitivity for fast pullback detection
* 21 bars: mid-cycle regime context (roughly one trading month)
Suggested adjustments:
* Shorter-term trading: try **2–5** (short) and **13–34** (long)
* Longer swing trading: try **5–8** (short) and **34–55** (long)
* **Thresholds (6 / 20 / 80):**
* 6: “extreme” zone for near-zero panic marker
* 20/80: classic zone thresholds for low/high regime separation
If signals are too frequent:
* tighten thresholds (e.g., long ≥ 80 → 85, short ≤ 20 → 15), or lengthen long lookback (21 → 34)
If signals are too rare:
* loosen thresholds (e.g., long ≥ 80 → 75, short ≤ 20 → 25), or shorten long lookback (21 → 13)
## Disclaimer
This script is provided for **educational and research purposes only**. It does **not** constitute financial advice, investment recommendations, or any guarantee of performance. Trading involves risk. You are solely responsible for your decisions and outcomes.
## Credits / Attribution
* **Concept origin:** Inspired by the Bilibili creator **“z哥”**.
* **Implementation:** This is a TradingView (Pine Script) recreation for visualization and study.
If the original creator has specific attribution requirements, please follow the creator’s instructions. If any changes are needed, attribution text can be updated accordingly.
## Citation snippet
> Concept inspired by Bilibili creator “z哥”. Pine Script recreation for educational/research use.
Key Zone$ - Support and Resistance0DTE Bounce Zones (6M) — Support & Resistance with VWAP, Volume, and Risk Management
This indicator is built for intraday and 0DTE options trading, focused on high-quality bounce and rejection setups at historically proven support and resistance zones.
It automatically identifies key zones from six months of historical price action and waits for real-time confirmation before signaling CALL or PUT opportunities. The goal is to reduce noise, avoid weak bounces, and provide clear, rules-based trade structure.
====================================================================
CORE FEATURES
====================================================================
Historical Support & Resistance Zones (6 Months)
Zones are built using 15-minute pivot highs and lows.
A zone must be tested at least 3 times to be considered valid.
Nearby zones are merged automatically to reduce clutter.
Zones extend forward in time and update dynamically.
Support zones are shown in green, resistance zones in red.
These are higher-quality structural levels, not same-day levels.
====================================================================
0DTE-Focused Entry Logic
Signals only trigger when price interacts with a confirmed zone and shows a strong rejection candle.
Signals are limited to high-probability trading windows only.
Market Open: 9:30–10:45 ET
Market Close: 3:00–4:00 ET
This avoids midday chop and focuses on periods with real momentum.
====================================================================
VWAP Confirmation (Strict)
CALL setups require a VWAP reclaim.
PUT setups require a VWAP loss.
This aligns trades with institutional order flow instead of counter-trend noise.
====================================================================
MACD Momentum Filter
MACD histogram behavior is used to confirm momentum direction and avoid taking bounces against the prevailing move.
====================================================================
ATR Candle Strength Filter
The signal candle must be large enough relative to ATR.
This filters out weak or indecisive candles that often fail with 0DTE.
====================================================================
Advanced Volume Confirmation (Relative Volume)
Relative Volume (RVOL) is used instead of raw volume.
Different RVOL thresholds are applied for CALLS versus PUTS.
Higher RVOL is required for PUTS due to downside urgency.
Lower RVOL is allowed for CALLS due to grind-up behavior.
Separate RVOL thresholds are used for the market open and market close.
This ensures signals only occur when real participation is present.
====================================================================
Built-In Risk Management (2:1 Reward/Risk)
Every signal automatically calculates an entry, stop loss, and target.
Stop loss is based on the zone edge with an ATR buffer.
Targets default to a 2:1 reward-to-risk ratio.
Entry, stop, and target levels are drawn directly on the chart and included in alerts.
====================================================================
Smart Alerts (CALLS & PUTS)
Alerts trigger only when all conditions are met.
Alerts include trade direction, entry price, stop price, target price, and RVOL information.
Alerts are designed for 5-minute confirmation trading.
To use alerts, select “Any alert() function call” when creating the alert.
====================================================================
INTENDED USE
====================================================================
0DTE options trading.
5-minute chart confirmation.
Index ETFs and liquid equities such as SPY, QQQ, IWM, and SPX.
Traders who want aggressive entries with confirmation.
Traders who value structure, volume, and risk control.
====================================================================
NOTES
====================================================================
This is not a prediction tool.
Signals require discipline and confirmation.
Best results come from trading only the highest-quality setups.
NASDAQ PREDICTION RANGE ADR projection for the US session based on previous Price Action and session
Micha Stocks Buyers Breakout RatingMicha Stocks Buyers Breakout Rating (ByBr)
========================================
This indicator is a custom rating system designed to identify high-probability "Buy" setups by analyzing Volume Conviction, Price Action, and Seller Exhaustion. It assigns a rating from 4 to 10 for every valid signal, helping traders filter out weak breakouts and focus on high-conviction moves.
How it Works The script uses a multi-tiered logic system to grade every green candle:
1. Volume Tiers (The Engine)
--Extreme Conviction (Rating 10): Volume is 2.5x higher than the short-term average.
--High Conviction (Rating 7-8): Volume is 1.5x higher than the short-term average.
2. Sustained Accumulation (Rating 5-6) Identifies persistent buying pressure where the last X -----bars (default 5) have all been green/up candles.
--Bonus Points The script awards extra points to the base rating for high-quality candle shapes:
--Strong Close: Price closes in the top 25% of the daily range.
--Hammer Candle: Long lower wick (rejection of lows) with a small body.
3. Seller Exhaustion (The Reversal - Rating 3-4) This logic identifies "dip buys" where sellers have lost control. It requires:
--Downtrend: Price is below the recent high.
--Confirmation: Either a "Volume Washout" (recent panic selling) or a "Supply Dry Up" (volume dropping below average).
How to Use
--------------
Look for Triangles: A triangle appears below the bar when a signal is detected.
Read the Number: The number (4-10) indicates the strength of the signal.
10: Extreme Volume Breakout (highest confidence).
7-8: Strong Volume Breakout.
4: Reversal/Dip Buy opportunity (Seller Exhaustion).
Tooltip: Hover over the label to see exactly which logic triggered the signal (e.g., "Extreme Conviction" vs "Sustained Accumulation").
Settings
----------
Short Lookback: Adjust the sensitivity of the trend detection (Default: 5).
Volume Multipliers: Adjust how strict the volume requirements are for high ratings.
Clean SMC: Filtered OB + FVGHow does this indicator work?
Fair Value Gaps (FVG): It identifies price imbalances (gaps between the wick of candle 1 and candle 3). They appear as small, light-colored rectangles.
Order Blocks (OB): It marks "Smart Money" candles that precede a strong impulse. These areas are extended to the right because they often act as future support or resistance.
Signals (BUY/SELL): The indicator displays a signal when it detects a confluence (for example, a bullish OB appearing right after an FVG).
Some friendly trading tips:
Timeframe: This indicator works best on higher timeframes (15m, 1h, 4h) to avoid market "noise."
Confirmation: Don't take a "BUY" signal on its own. Check if the overall trend (on a higher timeframe) is also bullish.
Risk management: Always place your Stop Loss just below the identified Order Block.
Minervini TT RS Break (vs TOPIX)his script selects “buyable” stocks using Minervini’s Trend Template and filters for market leaders by relative strength versus TOPIX. A BUY signal appears when all TT conditions are met (price above 50/150/200-day MAs, 50>150>200 alignment, rising 200-day MA, +30% from 52-week low, within 25% of 52-week high) and RS is above the threshold, trending up, and making new highs. While BUY is active, an ENTRY signal is shown only when a pivot breakout (above the prior N-day high) occurs with a volume surge (multiple of average volume) and volatility contraction (lower ATR%). An RS BREAK is flagged when relative strength weakens (below its MA or MA turning down), indicating no-add and exit watch. Use BUY to build a watchlist, act only on ENTRY signals, and stop adding while prioritizing exit decisions when RS BREAK appears.
