Narrowing Range Predictor - EnhancedNarrowing Range Predictor - draws triangles and beaks from the price action. Recommended to play around with settings.
Indicatori e strategie
Narrowing Range PredictorNarrowing Range Indicator with several configurables. Recommended to play around with customised settings.
BTC — CVD Divergence (Spot & Perp, robuste v6)If the price is above the CVD, it usually means the move is being pushed by leverage rather than real buying — the market is stretched and at risk of a correction.
If the price is below the CVD, it suggests that buyers are quietly absorbing — pressure is building for a bullish recovery once leverage clears out.
Timebender - Sum of TimeTimebender – Sum of Time
A minimalist numerological clock that decodes the vibration of the moment.
It calculates and displays the digital sum of the current date and time, assigning colors based on the 1–3 (Accumulation), 4–6 (Manipulation), and 7–9 (Distribution) cycle.
Clean, efficient, and fully synchronized with your chart’s timezone.
Ripster: DTR/ATR + SMA Div + RVOL🧭 Overview
The indicator combines three major analytical tools into one TradingView Pine v6 script — designed for clean, at-a-glance insight into range, divergence, and volume activity.
It shows:
DTR vs ATR Table – current Daily True Range compared to Average True Range.
SMA Price Divergence + EMA Signal – a histogram with color-coded momentum bands.
RVOL Table + Candle Coloring + Change Labels – relative-volume analysis with visual cues on the chart.
Short title: ripcombo
Runs on chart overlay (no separate pane).
📊 1. DTR vs ATR Table
Compares today’s price range (High-Low) to the average true range over a selectable length.
Supports multiple smoothing methods: EMA, RMA, SMA, WMA.
Table position and text size are configurable.
Color logic:
🟢 ≤ 70 % of ATR → low volatility
🟡 70–90 % → average
🔴 ≥ 90 % → expanded range
📈 2. SMA Divergence + EMA Signal
Computes fast (14 SMA) and slow (30 SMA) divergences of price.
Plots two histograms plus an EMA signal line of the slow divergence.
Visuals:
Columns shaded by transparency for clarity.
Rising EMA → lime line (up momentum).
Falling EMA → red line (down momentum).
Optional upper/lower bands and zero line provide quick overbought/oversold zones.
🔥 3. RVOL (Relative Volume)
Adds powerful volume-based context:
a. Table Display
Shows:
Candle Volume
RVOL (Now)
RVOL (Prev)
Δ RVOL (change Now − Prev)
Colors:
🔴 > 200 % (very high volume)
🟠 100–200 % (high volume)
🟡 < 100 % (normal/low volume)
Δ column is green ▲ for increase, red ▼ for decrease.
b. Candle Coloring (optional)
Colors price candles themselves by current RVOL threshold so high-volume candles visually stand out.
c. Last-Bar Label (optional)
Prints a compact label on the latest candle showing:
RVOL: ### % Δ: ▲/▼## %
so you can instantly see the current volume strength and how it changed from the previous bar.
⚙️ User Settings
All major elements are toggle-controlled:
Enable/disable ATR, Divergence, or RVOL sections.
Choose table positions (top/middle/bottom × left/center/right).
Select text sizes, smoothing types, color modes, and visual transparency.
Candle coloring + label visibility are optional.
🧠 At a Glance
Component Purpose Key Visuals
DTR vs ATR Measures volatility expansion One-cell colored table
SMA Divergence Detects price momentum shifts Columns + EMA line + bands
RVOL Analysis Highlights unusual trading volume Colored table + Δ column + candle colors + label
✅ Result
You get a single on-chart tool that:
Quantifies volatility, momentum, and volume context together.
Highlights strong activity days (ATR & RVOL) in color.
Shows whether current candle’s volume is rising or falling vs the previous.
Perfect for spotting breakouts, reversals, or exhaustion moves without switching indicators.
Institutional Rolling VWAPs • 3 lines Institutional Rolling VWAPs • 3 lines + editable σ bands. 3 x modifiable vwaps, time anchored, same for ltf and htf
Super Secret 50 EMADynamic 50 EMA
The 50 EMA changes color during uptrend and another color during downtrend. User chooses colors.
Timebender – 369 PivotsTimebender – 369 Pivots is a clean visual study that marks swing highs and lows with numeric “369-sequence” digits derived from time.
Each digit is automatically color-coded into Accumulation (1 – 3), Manipulation (4 – 6), and Distribution (7 – 9) phases, helping traders identify rhythm and symmetry in market structure.
Labels float above or below bars for clear visibility and never overlap price, allowing smooth zoom and multi-timeframe use.
This base model focuses on clarity, precision, and efficient plotting — no toggles, no clutter — a stable foundation for future Timebender builds.
SPY vs VIX SMA Slope Alignment (Adjustable Days)Use this on VIX Chart only.
This indicator compares the SLOPE of the daily SMA of SPY, to the SLOPE of the Daily SMA to VIX
When SPY and VIX are trending UP for the length of time that you define, you will get a GREEN ARROW on the VIX chart showing that the condition has been met.
EXAMPLE:
Set 3 day SMA for VIX and SPY
THEN
Set Look back time to 2 days
---IF SPY 3day SMA AND VIX 3day SMA are both ASCENDING during any 3 day lookback period, a green indicator arrow will be showing on the VIX Chart
DO NOT Use this indicator on SPY Chart
(SPY and VIX have different daily open/close times. This indicator DOES NOT work propertly on SPY Chart. But it DOES work properly on VIX chart. )
Timebender - Fractal CloseTimebender – Fractal Close displays which higher-timeframe candles (Daily, Weekly, Monthly) are scheduled to close within the next 24 hours — helping traders anticipate potential volatility and liquidity shifts around key session or higher-TF closes.
It automatically scans:
• Daily: 1D → 11D
• Weekly: 1W → 3W
• Monthly: 1M → 12M
The detected timeframes are shown in a compact on-chart table that can be positioned anywhere (top, middle, bottom — left, center, or right). You can also customize text color, background, and font size for visual clarity.
Use it to align intraday setups with higher-timeframe structure, or to prepare for major session transitions as multiple fractal closes converge.
Risk ModuleThis indicator provides a visual reference for position sizing and approximate stop and target placement. It supports trade planning by calculating equalized risk per trade and maintaining consistent exposure across different markets.
For more information about the concept, see the post Position Sizing and Risk Management .
Fixed Fractional Risk
The indicator calculates the number of shares that can be traded to maintain consistent monetary risk. The formula is based on the distance between the current price and stop reference, adjusting position size proportionally. A closer stop results in a larger position size, while a wider stop results in a smaller one.
Position Size = (Account Size × Risk %) ÷ (Entry Price – Stop Price)
Stop and Target
Stop placement is derived from volatility using the Average True Range (ATR). The target is plotted as a multiple of the stop distance, defining the risk-to-reward relationship in R units.
Stop = Price ± ATR × Multiplier
Target = Price ± (R × Risk Distance)
Chart Elements
The stop and target levels are plotted above and below the current price, with the stop marked by a red dot and the target by a green dot. The information table displayed on the chart shows the number of shares to trade, stop level, and target level.
Setup and Configuration
This configuration only needs to be set once, but can be adjusted later if preferred.
1. Start by setting the account size and risk percentage per trade to define the monetary amount risked on each trade. These values form the basis for position size calculation.
2. Set the ATR multiplier to determine stop distance, common values range between 1 and 3 ATR. Lower values place stops closer to price, increasing sensitivity but risking short-term noise. Higher values widen the stop, which reduces noise impact but extends time in risk.
3. Set the R-multiple to determine target distance relative to the stop. A value of 1 represents a 1:1 risk-to-reward relationship. Lower values reduce potential reward but tend to increase win rate, whereas higher values increase potential reward but tend to reduce win rate. The selection depends on system characteristics and trade expectancy.
When the parameters are defined, the indicator displays the stop, target, and calculated position size on the chart. All that remains is to enter the trade with the number of shares shown in the table and place bracket orders at the plotted stop and target levels.
Settings Overview
Account Size / Risk %: Defines account capital and per-trade exposure.
ATR Multiplier: Adjusts stop distance relative to volatility.
R Multiple: Sets target distance relative to stop (risk-reward ratio).
Position: Choose Long or Short direction.
Table Position: Controls information table placement and scale.
CMF, RSI, CCI, MACD, OBV, Fisher, Stoch RSI, ADX (+DI/-DI)
Stoch RSINine indicators in one, CMF, RSI, CCI, MACD, OBV, Fisher, Stoch RSI, ADX (+DI/-DI) You can use whichever of the nine indicators you want. I use CFM, CCI, MACD, Stoch RSI.
Asia Range Breakout Table (Narrowness)
Asia Range Breakout Table (Narrowness)
Overview
The Asia Range Breakout Table (Narrowness) is a professional trading tool designed to analyze and display range characteristics across key Asian trading sessions. This indicator provides real-time visual feedback on market range narrowness, helping traders identify potential breakout opportunities based on historical range comparisons. Better to use in M5 or M15 timeframe.
Key Features
- Multi-Session Analysis : Tracks 6 crucial Asian market sessions:
- ORB Pre (Tokyo Pre-open)
- ORB First (Tokyo First)
- Sydney Box
- Tokyo Launch Box
- 2nd Session Pre-Open
- 2nd ORB (Tokyo 2nd Session)
- Historical Comparison : Compares current session ranges against 44 days of historical data
- Visual Color Coding :
- 🟢 Narrowest (<10%) - Extremely compressed ranges
- 🟢 Narrow (10-59%) - Below average ranges
- 🟣 Normal (60-79%) - Typical range behavior
- 🔴 Wide (≥80%) - Expanded range conditions
- Customizable Display : Adjustable table position and text size
- Session Toggle : Enable/disable individual sessions based on your trading focus
How It Works
The indicator calculates the high-low range for each defined session and ranks it against historical data using percentile analysis. This helps traders quickly identify:
- Unusually narrow ranges that may indicate impending breakouts
- Expanded ranges suggesting increased volatility
- Normal range behavior for context
Use Cases
- Breakout Trading : Identify sessions with compressed ranges for potential breakout setups
- Volatility Assessment : Gauge market conditions across different Asian sessions
- Session Analysis : Understand range behavior during specific market hours
- Risk Management : Adjust position sizing based on range characteristics
Input Parameters
- Session Toggles : Enable/disable individual session tracking
- Table Position : Choose from four corner positions
- Text Size : Adjust table readability (Tiny, Small, Normal, Big)
Ideal For
- Asian session traders
- Breakout strategy enthusiasts
- Volatility analysis
- Multi-timeframe analysts
- Professional and retail traders focusing on Asian markets
Disclaimer
This tool is for educational and informational purposes only. Past performance is not indicative of future results. Always conduct your own research and risk management before trading.
Session times for London (UTC 07:00–16:00 UTC)Session times for London (UTC 07:00–16:00 UTC). Shows the trading hours for the London Session Mon-Fri
ANF Bottom Watch + Retail Sector Alert (v6) Detect when ANF crosses above its 50-day moving average (technical recovery signal).
Show visual + alert when RSI recovers above 40 (momentum bottom confirmation).
Track peer strength (URBN, LULU, TPR, GPS) — if 3+ peers are trading above their own 50-day MA, the script flags a sector rotation (bullish context).
Give a “Bottom Watch Active” label when all three signals align.
Elliott Wave (𝐒𝐓𝐄𝐄𝐋 𝐂𝐈𝐓𝐘 𝐂𝐑𝐄𝐀𝐓𝐎𝐑𝐒)This indicator provides a rules-based helper for visually identifying potential Elliott Wave patterns — including 1–5 impulse structures and optional A–B–C corrective moves. It automatically detects pivot highs/lows using the user-defined left/right swing settings and connects them with a ZigZag line filtered by either ATR or percentage change to reduce market noise.
When a valid 5-wave impulse structure is found (either bullish or bearish), the indicator labels waves 1–5 on the chart. After completion of the fifth wave, it optionally monitors for an A–B–C corrective pattern and labels those points when detected. Alerts are generated when an impulse or correction is confirmed.
Features
✅ Automatic pivot detection using configurable left/right swing bars.
✅ ATR or %-based swing filter to avoid small fluctuations.
✅ ZigZag plotting to visualize price structure.
✅ Automatic labeling of potential Elliott impulse waves (1–5).
✅ Optional A–B–C correction detection after wave 5.
✅ Alerts when impulses and corrections complete.
✅ Customizable visuals (colors, sensitivity, pivot length).
✅ Works on all symbols and timeframes.
Usage Tips
For best results, use larger timeframes (e.g., 1H–1D) where Elliott structures are cleaner.
Adjust Pivot Left/Right and ATR Multiplier for your chart’s volatility.
Remember: Elliott Wave theory is interpretive — this tool provides objective swing logic to assist manual analysis, not a guaranteed automatic wave count.
EMA 8/50/200I set it up so that three EMAs are displayed within a single indicator window.
このスクリプトでは、3本のEMA（8間・50期間・200期間）を1つのインジケータ枠で表示しています。
Quadruple AlphaTrendKivancOzbilgi's 'Alpha Trend' indicator has been developed as 'Quadruple Alpha Trend'.
It has been extended to AlphaTrend1,2,3,4, and each line allows users to freely choose colors.
Each of the AT1 to 2 and AT3 to 4 was again color-transformed at the crossing point, respectively.
We believe that the value of AT can compensate a lot for all the shortcomings of a regular moving average.
It can show the support and resistance of the low and high points at each horizontal section and
pressed neck point at the same time
Draw a horizontal line type.
These advantages make it easy to visually break through and collapse support and resistance on the monthly, weekly, and daily charts
It makes it possible to distinguish. I think it's an excellent indicator design by Kivanc Ozbilgi.
The most similar indicator to this one is the "UT BOT", which is close to the moving average in terms of support and resistance
Because it gives a euphemism, the value of "Alpha Trend" as an index that includes horizontal support and resistance
Very highly appreciated. If you have any issues or need to develop further, please leave a note.
Dammu AI PROType & Purpose
Multi-functional trend, swing, and smart money concept indicator.
Combines SuperTrend, SMA, ATR-based risk management, swing structures, order blocks, EQH/EQL, and Fair Value Gaps (FVG).
Designed for identifying trends, entries/exits, and support/resistance zones.
2. Trend Detection
SuperTrend with ATR smoothing (nsensitivity*7 factor) for buy/sell signals.
SMA filter (8 & 9 periods) confirms trend strength.
Bar color changes:
Green if close > supertrend.
Red if close < supertrend.
Cirrus Cloud highlights trend zones with semi-transparent colors.
3. Swing & Structure
Detects pivot highs/lows and labels them as HH/LH (Highs), HL/LL (Lows).
Generates BOS (Break of Structure) and CHoCH (Change of Character) signals.
Internal swing structures and order blocks for short-term intraday moves.
4. Order Blocks
Internal Order Blocks (iOBs) and Swing Order Blocks (OBs).
Boxes drawn for bullish/bearish zones.
Auto-delete when broken.
Option to filter blocks by ATR or Cumulative Mean Range.
5. Risk Management
TP/SL levels based on ATR and user-defined % risk.
Shows lines and labels for:
Entry
Stop Loss
TP1, TP2, TP3
Adjustable line style (solid/dashed/dotted).
6. Fair Value Gaps (FVG)
Highlights bullish and bearish gaps.
Option for auto-threshold filtering.
Extendable FVG boxes.
7. EQH/EQL
Detects Equal Highs (EQH) and Equal Lows (EQL) for potential reversals.
Dotted lines with labels.
8. Smart Money Concepts (SMC) Features
Shows:
Swings (internal & swing structure)
Internal order blocks
Premium/Discount zones
Fair Value Gaps
Highs/Lows from previous day/week/month
Configurable for historical vs present display.
9. Alerts
Buy/Sell triggers:
bull = crossover of close above SuperTrend.
bear = crossunder of close below SuperTrend.
Alerts for BOS/CHoCH, EQH/EQL, and OB breaks.
10. Visualization
Trend clouds, colored bars, SMA markers, SuperTrend labels.
Multi-layered info displayed without cluttering the chart.
Customizable colors, line styles, and transparency.
✅ Summary:
This indicator is a comprehensive trading tool for trend detection, swing structure, order block analysis, and risk management. It’s built for smart money and SMC-based trading, offering visual cues and alerts for key trading decisions.
Tristan's Devil Mark (Short)"Devil's Mark" in trading refers to a specific candlestick pattern where a candle opens and moves significantly in one direction without creating a wick on that side. This creates an "inefficiency" in the market, and traders use this as a signal that price will likely return to that level to "rebalance" the imbalance and print the missing wick.
This strategy marks every green candle with no bottom wick using a purple downward wedge above the candle. This is highlighting a candle where buyers dominated from the open, but creating inefficiency below.
The purple wedge marks candles that opened at their lowest point and closed higher.
These candles indicate buyer dominance from the start of the period. In downtrends, a green candle with no bottom wick may indicate a potential short-term reversal.
Wait for the candle to close, and short it. Wait for the price to go below the bottom of the body of the marked candle.
Combine with Trend Analysis
Look for these candles in uptrends to confirm continuation momentum.
In downtrends, a green candle with no bottom wick may indicate a potential short-term reversal.
Support/Resistance Filters
Use horizontal support/resistance levels or moving averages to filter trades.
A green no-wick candle bouncing off support is a stronger bullish signal.
Timeframe Consideration
Works on any timeframe; adjust your strategy accordingly.
For intraday scalping, use 1–15 minute charts; for swing trades, use daily or 4-hour charts.
Backtesting and Pattern Recognition
Since the indicator works on historical bars, review past setups to identify patterns where this candle type reliably predicts price movement.
Matt Market EfficiencyThis is a custom Pine Script v5 indicator for TradingView that creates a Market Efficiency Heatmap as a background overlay on your chart. It visualizes how "efficient" the market's price movement is over a specified period—essentially measuring how much of the total price volatility (wiggle room) resulted in net directional progress, weighted with volume activity.
High efficiency (stronger, less transparent color) indicates a clean trend with minimal wasted movement (e.g., a strong uptrend or downtrend).
Low efficiency (fainter color) suggests choppy, inefficient price action (e.g., ranging or noisy market).
Color coding: Teal for bullish (net price up), Purple for bearish (net price down).
The heatmap intensity scales from 1% opacity (very low efficiency) to 25% opacity (high efficiency), making it subtle yet informative without overwhelming the chart.
Scalper Pro Pattern Recognition & Price ActionOVERVIEW
Scalper Pro is a comprehensive multi-timeframe trading indicator that combines Smart Money Concepts (SMC) with traditional technical analysis to provide scalpers and day traders with high-probability entry and exit signals. This indicator integrates multiple analytical frameworks into a unified visual system designed specifically for short-term trading strategies.
ORIGINALITY & PURPOSE
What Makes This Script Original
This script is not a simple mashup of existing indicators. Instead, it represents a carefully orchestrated integration of complementary analytical methods that work together to solve a specific problem: identifying high-probability scalping opportunities in volatile markets.
The unique value proposition:
Adaptive Trend Filtering System - Combines a customized SuperTrend algorithm with dual-period range filters (Cirrus Cloud) and Hull Moving Average trend cloud to create a three-layer trend confirmation system
Smart Money Concepts Integration - Incorporates institutional trading concepts (Order Blocks, Fair Value Gaps, Break of Structure) with retail technical indicators for a complete market structure view
Dynamic Risk Management - Automatically calculates stop-loss and take-profit levels based on ATR volatility, providing objective position sizing
ADX-Based Market Regime Detection - Identifies ranging vs. trending markets through ADX analysis with visual bar coloring to prevent whipsaws during consolidation
Why Combine These Specific Components
Each component addresses a specific weakness in scalping:
SuperTrend provides the primary directional bias but can generate false signals in ranging markets
Range Filters smooth out noise and confirm trend direction, reducing SuperTrend false positives
ADX Analysis prevents trading during low-volatility consolidation when most indicators fail
SMC Elements identify institutional activity zones where price is likely to react strongly
ATR-Based Risk Management adapts position sizing to current volatility conditions
The synergy creates a system where signals are only generated when multiple confirmation layers align, significantly reducing false signals common in single-indicator approaches.
HOW IT WORKS
Core Calculation Methodology
1. SuperTrend Signal Generation
The script uses a modified SuperTrend algorithm with the following calculation:
ATR = Average True Range (default: 10 periods)
Factor = 7 (default sensitivity multiplier)
Upper Band = Source + (Factor × ATR)
Lower Band = Source - (Factor × ATR)
Directional Logic:
When price crosses above SuperTrend → Bullish signal
When price crosses below SuperTrend → Bearish signal
SuperTrend value is plotted as dynamic support/resistance
Key Modification: The sensitivity parameter (nsensitivity * 7) allows users to adjust the aggressiveness of trend detection without changing the core ATR calculation.
2. Range Filter System (Cirrus Cloud)
The Range Filter uses a smoothed range calculation to filter out market noise:
Smooth Range Calculation:
WPER = (Period × 2) - 1
AVRNG = EMA(|Price - Price |, Period)
Smooth Range = EMA(AVRNG, WPER) × Multiplier
Two-Layer System:
Layer 1: 22-period with 6x multiplier (broader trend)
Layer 2: 15-period with 5x multiplier (tighter price action)
Visual Output: The space between these two filters is colored:
Green fill = Bullish trend (Layer 1 > Layer 2)
Red fill = Bearish trend (Layer 1 < Layer 2)
This creates a "cloud" that expands during strong trends and contracts during consolidation.
3. ADX Market Regime Detection
Calculation:
+DM = Positive Directional Movement
-DM = Negative Directional Movement
True Range = RMA of True Range (15 periods)
+DI = 100 × RMA(+DM, 15) / True Range
-DI = 100 × RMA(-DM, 15) / True Range
ADX = 100 × RMA(|+DI - -DI| / (+DI + -DI), 15)
Threshold System:
ADX < Threshold (default 15) = Ranging market → Bar color changes to purple
ADX > Threshold = Trending market → Normal bar coloring applies
Purpose: This prevents taking trend-following signals during sideways markets where most indicators produce whipsaws.
4. Smart Money Concepts (SMC) Integration
Order Blocks (OB):
Identified using swing high/low detection with customizable pivot length
Bullish OB: Last down-close candle before bullish Break of Structure (BOS)
Bearish OB: Last up-close candle before bearish BOS
Extended forward until price breaks through them
Fair Value Gaps (FVG):
Detected when a three-candle gap exists:
Bullish FVG: Low > High
Bearish FVG: High < Low
Filtered by price delta percentage to ensure significant gaps
Displayed as boxes that delete when price fills the gap
Break of Structure (BOS) vs. Change of Character (CHoCH):
BOS = Price breaks the previous structural high/low in the current trend direction
CHoCH = Price breaks structure in the opposite direction (potential trend reversal)
Both internal (minor) and swing (major) structures are tracked
Equal Highs/Lows (EQH/EQL):
Detected when consecutive swing highs/lows are within ATR threshold
Often indicates liquidity pools that price may sweep before reversing
5. ATR-Based Risk Management
Calculation:
ATR Band = ATR(14) × Risk Multiplier (default 3%)
Stop Loss = Entry - ATR Band (for longs) or Entry + ATR Band (for shorts)
Take Profit Levels:
TP1 = Entry + (Entry - Stop Loss) × 1
TP2 = Entry + (Entry - Stop Loss) × 2
TP3 = Entry + (Entry - Stop Loss) × 3
Dynamic Labels: Stop loss and take profit levels are automatically calculated and displayed as labels on the chart when new signals trigger.
6. Hull Moving Average Trend Cloud
HMA = WMA(2 × WMA(Close, Period/2) - WMA(Close, Period), sqrt(Period))
Period = 600 bars (long-term trend)
The HMA provides a smoothed long-term trend reference that's more responsive than traditional moving averages while filtering out short-term noise.
HOW TO USE THE INDICATOR
Entry Signals
Primary Buy Signal:
SuperTrend changes to green (price crosses above)
ADX shows market is NOT ranging (bars are NOT purple)
Price is within or near a bullish Order Block OR bullish FVG
Cirrus Cloud shows green fill (Layer 1 > Layer 2)
Primary Sell Signal:
SuperTrend changes to red (price crosses below)
ADX shows market is NOT ranging
Price is within or near a bearish Order Block OR bearish FVG
Cirrus Cloud shows red fill (Layer 1 < Layer 2)
Confirmation Layers
Higher Probability Trades Include:
Bullish/Bearish BOS in the same direction as signal
Equal highs/lows being swept before entry
Price respecting premium/discount zones (above/below equilibrium)
Multiple timeframe alignment (use MTF settings)
Exit Strategy
The indicator provides three take-profit levels:
TP1: Conservative target (1:1 risk-reward)
TP2: Moderate target (2:1 risk-reward)
TP3: Aggressive target (3:1 risk-reward)
Suggested Exit Approach:
Close 1/3 position at TP1
Move stop to breakeven
Close 1/3 position at TP2
Trail remaining position or exit at TP3
Risk Management
Stop Loss:
Use the ATR-based stop loss level displayed on chart
Alternatively, use percentage-based stop (adjustable in settings)
Never risk more than 1-2% of account per trade
Position Sizing:
Position Size = (Account Risk $) / (Entry Price - Stop Loss Price)
CUSTOMIZABLE SETTINGS
Core Parameters
Buy/Sell Signals:
Toggle signals on/off
Adjust SuperTrend sensitivity (0.5 - 2.0)
Risk Management:
Show/hide TP/SL levels
ATR period (default: 14)
Risk percentage (default: 3%)
Number of decimal places for price labels
Trend Features:
Cirrus Cloud display toggle
Range filter periods (x1, x2, x3, x4)
Hull MA length for trend cloud
Smart Money Concepts:
Order Block settings (swing length, display count)
Fair Value Gap parameters (auto-threshold, extend length)
Structure detection (internal vs swing)
EQH/EQL threshold
ADX Settings:
ADX length (default: 15)
Sideways threshold (10-30, default: 15)
Bar color toggle
Display Options:
Previous day/week/month high/low levels
Premium/Discount/Equilibrium zones
Trend candle coloring (colored or monochrome)
BEST PRACTICES & TRADING TIPS
Optimal Use Cases
Scalping on lower timeframes (1m, 5m, 15m)
Rapid entry/exit with clear TP levels
ADX filter prevents choppy market entries
Day trading on medium timeframes (30m, 1H)
Stronger trend confirmation
Better risk-reward ratios
Swing trading entries on higher timeframes (4H, Daily)
Higher-probability structural setups
Larger ATR-based stops accommodate volatility
Market Conditions
Best Performance:
Trending markets with clear directional bias
Post-news volatility with defined structure
Markets respecting support/resistance levels
Avoid Trading When:
ADX indicator shows purple bars (ranging market)
Multiple conflicting signals across timeframes
Major news events without clear price structure
Low volume periods (market open/close)
Common Mistakes to Avoid
Ignoring the ADX filter - Taking signals during ranging markets leads to whipsaws
Not waiting for confirmation - Enter only when multiple layers align
Overtrading - Fewer high-quality setups outperform many mediocre ones
Ignoring risk management - Always use the calculated stop losses
Fighting the trend - Trade WITH the SuperTrend and Cirrus Cloud direction
TECHNICAL SPECIFICATIONS
Indicator Type: Overlay (plots on price chart)
Calculation Resources:
Max labels: 500
Max lines: 500
Max boxes: 500
Max bars back: 500
Pine Script Version: 5
Compatible Timeframes: All timeframes (optimized for 1m to 1D)
Compatible Instruments:
Forex pairs
Crypto assets
Stock indices
Individual stocks
Commodities
THEORETICAL FOUNDATION
Trend-Following Concepts
This indicator is based on the principle that markets trend more often than they range, and that trends tend to persist. The SuperTrend component captures this momentum while the range filters prevent premature entries during pullbacks.
Smart Money Theory
The SMC elements are based on the concept that institutional traders (banks, hedge funds) leave footprints in the form of:
Order Blocks: Areas where large orders were placed
Fair Value Gaps: Inefficient price movements that may be revisited
Liquidity Sweeps: Stop hunts before continuation (EQH/EQL)
Volatility-Based Position Sizing
Using ATR for stop-loss placement ensures that stop distances adapt to current market conditions:
Tight stops in low volatility (avoids excessive risk)
Wider stops in high volatility (avoids premature stop-outs)
PERFORMANCE EXPECTATIONS
Realistic Expectations
Win Rate:
Expected: 45-55% (trend-following systems rarely exceed 60%)
Higher win rates on trending days
Lower win rates during consolidation (even with ADX filter)
Risk-Reward Ratio:
Target: 1.5:1 minimum (TP2)
Achievable: 2:1 to 3:1 on strong trends
Drawdowns:
Normal: 10-15% of account during choppy periods
Maximum: Should not exceed 20% with proper risk management
Optimization Tips
Backtesting Recommendations:
Test on at least 1 year of historical data
Include different market conditions (trending, ranging, volatile)
Adjust SuperTrend sensitivity per instrument
Optimize ADX threshold for your specific market
Record trades to identify personal execution errors
FREQUENTLY ASKED QUESTIONS
Q: Can I use this for automated trading?
A: The indicator provides signals, but you'll need to code a strategy script separately for automation. The signals can trigger alerts that connect to trading bots.
Q: Why do I see conflicting signals?
A: This is normal during transition periods. Wait for all confirmation layers to align before entering.
Q: How often should I expect signals?
A: Depends on timeframe and market conditions. On 5m charts during trending markets: 3-7 quality setups per session.
Q: Can I use only some features?
A: Yes, all components can be toggled on/off. However, the system works best with all confirmations active.
Q: What's the difference between internal and swing structures?
A: Internal = minor price structures (smaller pivots). Swing = major price structures (larger pivots). Both provide different levels of confirmation.
DISCLAIMER
This indicator is a tool for technical analysis and should not be the sole basis for trading decisions. Past performance does not guarantee future results. Always:
Use proper risk management
Test on demo accounts first
Never risk more than you can afford to lose
Combine with fundamental analysis when applicable
Understand that no indicator is 100% accurate
License: Mozilla Public License 2.0
Author: DrFXGOD
VERSION HISTORY & UPDATES
Initial Release - Version 1.0
Integrated SuperTrend, Range Filters, ADX, SMC concepts
ATR-based risk management
Multi-timeframe support
Customizable visual elements
SUPPORT & DOCUMENTATION
For questions, suggestions, or bug reports, please comment on the script page or contact the author through TradingView.
Additional Resources:
Smart Money Concepts: Research ICT (Inner Circle Trader) materials
ATR and Volatility: Refer to Wilder's original ATR documentation
SuperTrend Indicator: Study original SuperTrend strategy papers
