Volume Delta & Order Block Suite [QuantAlgo]Upgrade your volume analysis and order flow trading with Volume Delta & Order Block Suite by QuantAlgo, a sophisticated technical indicator that leverages advanced volume delta calculations, along with dynamic order block detection to provide deep insights into market participant behavior. By calculating the distribution of volume between buyers and sellers and tracking pivotal volume zones, the indicator helps traders understand the underlying forces driving price movements. It is particularly valuable for those looking to identify high-probability trading opportunities based on volume imbalances and key price levels where significant activity has occurred.
🟢 Technical Foundation
The Volume Delta & Order Block Suite utilizes sophisticated volume analysis techniques to estimate buying and selling pressure within each price candle. The core volume delta calculation employs a formula that estimates buy volume as: Volume × (Close - Low) ÷ (High - Low) , with sell volume calculated as the remainder of total volume. This approach assumes that when price closes near the high of a candle, most volume represents buying pressure, and when price closes near the low, most volume represents selling pressure.
For order block detection, the indicator implements a multi-step process involving volume pivot identification and price state tracking. It first detects significant volume pivot points using the ta.pivothigh function with a user-defined pivot period. It then tracks the market's order state based on whether the high exceeds the highest high or the low falls below the lowest low. When a volume pivot occurs, the indicator creates order blocks based on price levels at that pivot point. These blocks are continuously monitored for invalidation based on subsequent price action.
🟢 Key Features & Signals
1. Volume Delta Representation on Candles
The Volume Delta visualization on candles shows the buy/sell distribution directly on price bars, creating an immediate visual representation of volume pressure.
When buyers are dominant, candles are colored with the bullish theme color (default: green/teal).
Similarly, when sellers are dominant, candles are colored with the bearish theme color (default: red).
This visualization provides immediate insights into underlying volume pressure without requiring separate indicators, helping traders quickly identify which side of the market is in control.
2. Buy/Sell Pressure Information Table
The Volume Analysis Table provides a comprehensive breakdown of volume metrics across multiple timeframes, helping traders identify shifts in market behavior.
The table is organized into four timeframe columns:
Current Volume
1 Bar Before
1 Day Before
1 Week Before
For each timeframe, the table displays:
Buy volume: The estimated buying volume based on price action
Sell volume: The estimated selling volume based on price action
Total volume: The sum of buy and sell volume
Delta: The difference between buy and sell volume (positive when buyers are dominant, negative when sellers are dominant)
Additionally, the table shows both absolute values and percentage distributions, with trend indicators (Up, Down, or Neutral) at the bottom row of each timeframe column.
This multi-timeframe approach helps traders:
→ Identify volume imbalances between buyers and sellers
→ Track changes in volume delta across different periods
→ Compare current conditions with historical patterns
→ Detect potential reversals by watching for shifts in delta direction
The delta values are particularly useful as they provide a clear indication of market dominance – positive delta (Up) when buyers are dominant, and negative delta (Down) when sellers are dominant.
3. Order Blocks and Their Confluence
Order blocks represent significant price zones where volume pivots occur, potentially indicating areas of significant market participant activity.
The indicator identifies two types of order blocks:
Bullish Order Blocks (support): Highlighted with a green/teal color, these represent potential support areas where price might bounce when revisited
Bearish Order Blocks (resistance): Highlighted with a red color, these represent potential resistance areas where price might reverse when revisited
Each order block is visualized as a colored rectangle with a dashed line showing the average price within the block. The blocks are extended to the right until they are invalidated.
Order blocks can serve as key reference points for trading decisions, for example:
Support/resistance identification
Stop loss placement (beyond the opposite edge of the block)
Potential reversal zones
Target areas for profit-taking
When price approaches an order block, traders should look for confluence with the volume delta on candles and the information in the volume analysis table. Strong setups occur when all three components align – for example, when price approaches a bearish order block with increasing sell volume shown on the candles and in the volume table.
🟢 Practical Usage Tips
→ Volume Analysis and Interpretation: The indicator visualizes the buy/sell volume ratio directly on price candles using color intensity, allowing traders to immediately identify which side (buyers or sellers) is dominant. This information helps in assessing the strength behind price movements and potential continuation or reversal signals.
→ Order Block Trading Strategies: The indicator highlights significant price zones where volume pivots occur, marking these as potential support (bullish order blocks) or resistance (bearish order blocks). Traders can use these levels to identify potential reversal points, stop placement, and profit targets.
→ Multi-timeframe Volume Comparison: Through its comprehensive volume analysis table, the indicator enables traders to compare volume patterns across current, recent, daily, and weekly timeframes. This helps in identifying shifts in market behavior and confirming the strength of ongoing trends.
🟢 Pro Tips
Adjust Pivot Period based on your timeframe:
→ Lower values (3-5) for more frequent order blocks
→ Higher values (7-10) for stronger, less frequent order blocks
Fine-tune Mitigation Method based on your trading style:
→ "Wick" for more conservative invalidation
→ "Close" for more lenient order block survival
Look for confluence between components:
→ Strong volume delta in the expected direction when price touches an order block
→ Corresponding patterns in the volume analysis table
→ Overall market context aligning with the expected direction
Use for multiple trading approaches:
→ Support/resistance trading at order blocks
→ Trend confirmation with volume delta
→ Reversal detection when volume delta changes direction
→ Stop loss placement using order block boundaries
Combine with:
→ Trend analysis using trend-following indicators for trade confirmation
→ Multiple timeframe analysis for strategic context
Livelli e punti pivot
Opening Range BoxIndicator Name: Opening Range Box with Extensions
Author: YanivBull
Description:
The Opening Range Box with Extensions is a powerful tool designed to visualize the trading range established during the first 30 minutes of a market session, a critical period for setting the day's trend. This indicator plots a box representing the high and low prices formed within this opening range, with dashed extension lines projecting these levels forward throughout the session.
Its primary purpose is to identify the boundaries of the initial trend at the start of trading. When these boundaries are breached, it serves as a trigger for potential trading opportunities: a breakout above the box high signals a possible long entry, while a breakdown below the box low indicates a potential short entry. The indicator also includes historical boxes for up to 5 previous days (configurable), allowing traders to analyze past opening ranges and their extensions for context and pattern recognition.
Key Features:
Customizable session start time (hour and minute) to adapt to various markets (e.g., NYSE, DAX, etc.).
Displays the current session's opening range box in blue and historical boxes in gray.
Plots dashed extension lines from the high and low of each box, limited to 500 bars or the end of the trading day.
Adjustable number of historical days (1-20, default 5).
Usage:
Set the Session Start Hour and Session Start Minute according to your market's opening time (relative to your chart's timezone, e.g., UTC+2). Watch for price action around the box boundaries—breakouts above the high or below the low can be used as signals for initiating long or short trades, respectively. Combine with other technical analysis tools for confirmation.
This indicator is ideal for day traders looking to capitalize on early session momentum and breakout strategies.
Breakouts With Timefilter Strategy [LuciTech]This strategy captures breakout opportunities using pivot high/low breakouts while managing risk through dynamic stop-loss placement and position sizing. It includes a time filter to limit trades to specific sessions.
How It Works
A long trade is triggered when price closes above a pivot high, and a short trade when price closes below a pivot low.
Stop-loss can be set using ATR, prior candle high/low, or a fixed point value. Take-profit is based on a risk-reward multiplier.
Position size adjusts based on the percentage of equity risked.
Breakout signals are marked with triangles, and entry, stop-loss, and take-profit levels are plotted.
moving average filter: Bullish breakouts only trigger above the MA, bearish breakouts below.
The time filter shades the background during active trading hours.
Customization:
Adjustable pivot length for breakout sensitivity.
Risk settings: percentage risked, risk-reward ratio, and stop-loss type.
ATR settings: length, smoothing method (RMA, SMA, EMA, WMA).
Moving average filter (SMA, EMA, WMA, VWMA, HMA) to confirm breakouts.
No wick candlesОпис коду:
Цей скрипт для Pine Script v6 аналізує свічки на графіку і визначає свічки, що не мають фітіля знизу або згори. Він позначає їх відповідними маркерами та змінює колір свічок на помаранчевий для покращення видимості. Цей індикатор допомагає трейдерам ідентифікувати важливі зони на графіку, де свічки мають специфічні риси (без фітіля), і використовується для виявлення потенційних точок для подальших торгівельних рішень.
Що робить цей індикатор:
Зелені свічки без фітіля знизу: Це свічки, у яких ціна відкриття дорівнює мінімуму свічки. Вони позначаються зеленими стрілками під свічкою.
Червоні свічки без фітіля згори: Це свічки, у яких ціна відкриття дорівнює максимуму свічки. Вони позначаються червоними стрілками над свічкою.
Зміна кольору свічок: Свічки, що відповідають умовам (без фітіля знизу або згори), змінюють свій колір на помаранчевий для підвищення видимості та чіткого виділення важливих зон.
Як використовувати:
Цей індикатор допомагає вам ідентифікувати зони, де ціна не має фітіля знизу (для зелених свічок) або згори (для червоних свічок). Ці свічки можуть бути важливими для трейдерів, оскільки вони часто сигналізують про сильні рівні підтримки або опору, де ймовірно відбудеться ретест.
Важливо:
Чекати ретест зони: Після появи таких свічок (особливо у зонах підтримки або опору) можна очікувати, що ці рівні будуть перевірені ще раз. Якщо ціни повертаються до цих зон, це може бути сигналом для входу в ринок.
Торгівля на ретестах: Якщо ціна після першого відскоку знову наближається до цієї зони (де була свічка без фітіля), можна очікувати відскок або продовження тренду, що створює можливість для вхідної позиції.
_______________________________
Description:
This Pine Script v6 indicator analyzes the candles on the chart and identifies those that have no lower or upper wicks. It marks these candles with appropriate markers and changes the candle colors to orange for better visibility. This indicator helps traders identify important zones on the chart where candles exhibit specific characteristics (no wicks), which can be used to spot potential trading opportunities.
What this indicator does:
Green candles with no lower wick: These are candles where the opening price equals the low of the candle. They are marked with a green arrow below the candle.
Red candles with no upper wick: These are candles where the opening price equals the high of the candle. They are marked with a red arrow above the candle.
Candle color change: Candles that meet the conditions (no lower or upper wick) change their color to orange for better visibility and to clearly highlight important zones.
How to use:
This indicator helps you identify zones where prices have no lower wick (for green candles) or no upper wick (for red candles). These candles may be important for traders, as they often indicate strong support or resistance levels where a retest is likely to occur.
Important:
Wait for a zone retest: After these candles appear (especially at support or resistance zones), you can expect these levels to be tested again. If the price returns to these zones, it could signal an opportunity to enter the market.
Trading on retests: If the price approaches the zone (where a wickless candle occurred) again, it may indicate a bounce or trend continuation, which provides a potential entry point.
NFP High/Low Levels PlusNFP High/Low Levels Plus
Description:
This indicator stores the 12 most recent NFP (Non-Farm-Payroll) days and their values.
Values are captured from 0830 (NFP Release) until close of market
The High and Low values for each NFP month are drawn on the chart with horizontal lines.
- Labels indicating the month's high or low line are placed after the line
- Optionally the high/low price can be displayed additionally
Support and Resistance boxes can be drawn at the closest NFP level above and below the
current price.
- Boxes will automatically update as prices cross the NFP value
Macro Indicator
- This option displays a small table in the top right corner that says "Up" or " Down"
- The Macro Indicator can be used to judge the potential direction for the current month
- Macro direction is calculated by the following:
- UP: If two consecutive days both open and close above the most recent NFP High level
- DOWN: If two consecutive days both open and close below the most recent NFP Low level
Micro Indicator
- This option displays a small table in the top right corner that says "Up" or " Down"
- The Micro Indicator can be used to judge the potential direction for low timeframes 1H or
lower
- Micro direction is calculated by the following:
- UP: If two consecutive 10m candles close above the 20EMA
- DOWN: If two consecutive 10m candles close below the 20EMA
NFP Session Bars
- This feature draws an arrow at the bottom of the chart for each candle that falls within the
NFP session day
- This is useful for identifying NFP Days
Support / Resistance Table
- This displays a table bottom center showing the nearest high and low NFP line level
What is an NFP Day and why is it useful to add to my chart?
- NFP Days are one of the most important data releases monthly
- NFP (Non-Farm-Payroll) is the official release of 80% of the US workforce employed in
manufacturing, construction, and goods
- It does not include those who work on farms, private households, non-profit and
government workers
- Historically these high/low levels for the day create strong support and resistance levels
- Having them displayed on the chart can help identify potential strong levels and pivot points
Full Indicator with all options enabled and identified
Easily update NFP Release Days in the indicator settings
Modify various options: Show/Hide lines, labels, directional indicator tables, values tables
Adjust line width, offsets, colors, font sizes, box widths
Enable individual Directional Indicators and modify colors
Example of full indicator enabled
You can find a list of the NFP Release Schedule on the official US Bureau of Labor Statistics website. This is useful for updating the indicator settings with the correct dates
Market Trend Levels Detector [BigBeluga]Market Trend Levels Detector is an trend-following tool that utilizes moving average crossovers to identify key market trend levels. By detecting local highs and lows after EMA crossovers, the indicator helps traders track significant price zones and trend strength.
🔵 Key Features:
EMA Crossover-Based Trend Levels Detection:
Uses a fast and slow EMA to detect market flow shifts.
When the fast EMA crosses under the slow EMA, the indicator searches for the most recent local top and marks it with a label and horizontal level.
When the fast EMA crosses over the slow EMA, it searches for the most recent local low and marks it accordingly.
Dynamic Zone Levels:
Each detected high or low is plotted as a horizontal level, highlighting important price zones.
Traders can extend these levels to observe how price interacts with them over time.
If price crosses a level, its extension stops. Uncrossed levels continue expanding.
Gradient Trend Band Visualization:
The trend band is formed by shading the area between the two EMAs.
Color intensity varies based on volatility and trend strength.
Strong trends and high volatility areas appear with more intense colors, making trend shifts visually distinct.
🔵 Usage:
Trend Identification: Use EMA crossovers and trend bands to confirm bullish or bearish momentum.
Key Zone Mapping: Observe local high/low levels to track historical reaction points.
Breakout & Rejection Signals: Monitor price interactions with extended levels to assess potential breakouts or reversals.
Volatility Strength Analysis: Use color intensity in the trend band to gauge trend power and possible exhaustion points.
Scalping & Swing Trading: Ideal for both short-term scalping strategies and larger swing trade setups.
Market Trend Levels Detector is a must-have tool for traders looking to track market flow, key price levels, and trend momentum with dynamic visual cues. It provides a comprehensive approach to identifying high-probability trade setups using EMA-based flow detection and trend analysis.
Auto Fib Retracement [victhoreb]Auto Fib Retracement is an automated Fibonacci retracement tool for TradingView that dynamically identifies key swing points and plots Fibonacci levels to help traders visualize potential support and resistance areas. Using a Zigzag algorithm, the indicator detects recent pivot highs and lows and calculates retracement levels based on these significant price swings. Key features include:
- Dynamic Pivot Detection: Automatically identifies recent swing highs and lows using configurable lookback periods, ensuring the Fibonacci levels adjust as the market evolves.
- Customizable Fibonacci Levels: Users can tailor the Fibonacci retracement levels (0, 0.214, 0.382, 0.5, 0.618, 0.786,) along with individual colors, offering flexibility to match various trading strategies.
- Zigzag Visualization: Optionally displays a Zigzag line that connects the detected pivot points, providing a clear visual representation of the price swing dynamics.
- Adjustable Line Extension: Retracement lines can be extended for a specified number of bars.
- Repainting Option: Includes an option to repaint the Zigzag, ensuring that the most current price action is reflected in the indicator’s output.
- The Auto Fibonacci Retracement itself DOES NOT REPAINT : )
This indicator streamlines the analysis process by automatically drawing Fibonacci retracement levels, allowing traders to quickly identify potential reversal areas and make more informed trading decisions.
RSI Targeted Pivots"Targeted RSI Pivots" is an innovative indicator designed to assist traders in identifying potential price targets based on user-defined RSI levels. Unlike traditional RSI indicators, this script calculates and projects pivot levels (L3, L2, L1, P, S1, S2, S3) using a unique algorithm that integrates RSI data from a selectable timeframe. Traders can customize RSI targets, toggle individual levels, and adjust visual settings to suit their analysis needs—all overlaid directly on the price chart for seamless integration into their workflow.
This script stands out by offering a novel approach to RSI-based analysis, combining multi-timeframe RSI calculations with dynamic price projections. It empowers traders with actionable insights into potential support and resistance zones, enhancing decision-making in various market conditions.
The source code is kept closed to protect the proprietary methodology behind the pivot calculations and to safeguard the intellectual property developed through extensive research and testing. By publishing it as a protected script in the Public Library, I aim to share this valuable tool with the TradingView community while preserving the uniqueness of its design. This ensures that traders can benefit from its functionality without compromising the innovative logic that drives it.
Trend Vanguard StrategyHow to Use:
Trend Vanguard Strategy is a multi-feature Pine Script strategy designed to identify market pivots, draw dynamic support/resistance, and generate trade signals via ZigZag breakouts. Here’s how it works and how to use it:
ZigZag Detection & Pivot Points
The script locates significant swing highs and lows using configurable Depth, Deviation, and Backstep values.
It then connects these pivots with lines (ZigZag) to highlight directional changes and prints labels (“Buy,” “Sell,” etc.) at key turning points.
Support & Resistance Trendlines
Pivot highs and lows are used to draw dashed S/R lines in real-time.
When price crosses these lines, the script triggers a breakout signal (long or short).
EMA Overlays
Up to four EMAs (with customizable lengths and colors) can be overlaid on the chart for added trend confirmation.
Enable/disable each EMA independently via the settings.
Repaint Option
Turning on “Smooth Indicator Lines” (repaint) uses future data to refine past pivots.
This can make historical signals look cleaner but does not reflect true historical conditions.
Turning it off ensures signals remain fixed once they appear.
Strategy Entries & Exits
On each new ZigZag “Buy” or “Sell” signal, the script closes any open position and flips to the opposite side (if desired).
Works with the built-in TradingView Strategy engine for backtesting.
Additional Inputs (Placeholders)
Volume Filter and RSI Filter settings exist but are not fully implemented in the current code. Future versions may incorporate these filters more directly.
How to Use
Add to Chart: Click “Indicators” → “Invite-Only Scripts” (or “My Scripts”) and select “Trend Vanguard Strategy.”
Configure Settings:
Adjust ZigZag Depth, Deviation, and Backstep to fine-tune pivot sensitivity.
Enable or disable each EMA to see how it aligns with market trends.
Toggle “Smooth Indicator Lines” on or off depending on whether you want repainting.
Backtest and Forward Test:
Use TradingView’s “Strategy Tester” tab to review hypothetical performance.
Remember that repainting can alter past signals if enabled.
Monitor Live:
Watch for breakout triangles or ZigZag labels to identify potential reversal or breakout trades in real time.
Disclaimer: This script is purely educational and not financial advice. Always combine it with sound risk management and thorough analysis. Enjoy exploring the script, and feel free to experiment with the different settings to match your trading style!
Morning RangeOverview
The Morning Range Indicator highlights the high and low of the market session from 6 AM to 10AM, providing key levels for potential breakout trades. The box dynamically updates in real-time, extending until 4 PM, and adjusts color based on price action.
This tool is ideal for traders looking to identify breakout opportunities and visualize key intraday price ranges.
How It Works
Session High & Low (6 AM - 10 AM)
The indicator tracks the highest high and lowest low within this time window.
Once 10 AM passes, the high and low are locked in and will not change.
Box Extends Until 4 PM
The session box remains visible throughout the trading day.
It provides a visual reference for potential breakout zones.
Dynamic Box Coloring
Gray (Neutral): Neither high nor low is broken.
Green: Only the high is broken before 4 PM.
Red: Only the low is broken before 4 PM.
Yellow: Both high and low are broken before 4 PM.
Live Updating Box
The box appears as soon as the session begins at 6 AM.
It dynamically updates the high and low until 10 AM.
Alerts for Breakouts
This indicator includes built-in alert conditions, so you can set up TradingView alerts without modifying the script.
Morning Range High Broken → Triggers when price breaks above the morning high.
Morning Range Low Broken → Triggers when price breaks below the morning low.
To set alerts:
Click the Alerts (⏰) icon in TradingView.
Select Condition → "Morning Range High Broken" or "Morning Range Low Broken".
Choose your preferred notification method (popup, email, webhook, etc.).
Click Create to activate the alert.
Who This Is For
✔ Intraday & Scalp Traders – Identify key breakout levels for short-term trades.
✔ Futures & Forex Traders – Works great for markets like NQ, ES, Gold, and FX pairs.
✔ Breakout & Reversal Traders – Use the high/low boundaries as support & resistance levels.
Customization
This indicator automatically updates every day and requires no manual input.
You can change alert settings via TradingView’s built-in alert system.
How to Use This Indicator
Watch for breakouts above/below the morning range as potential trade opportunities.
Combine with volume, momentum indicators, or footprint charts for confirmation.
Use the box color to visually assess whether price action is bullish (green), bearish (red), or ranging (gray).
Daily Session Fibonacci LevelsPlots automatic Fibonacci retracement levels based on the current session high and low.
Levels for the prior and current session can be toggled on/off.
Optional: Toggle to show the Fibonacci Level labels.
Allows for customizable levels and colors; toggles for individual levels.
Custom Previous High/Low + Breakout AlertsThis indicator plots the previous high and low of the selected timeframe and alerts you when the price breaks either level.
To prevent spam, it triggers only once per period. If both the high and low break within the same period, you will receive an alert for each, but no duplicates if price hovers around these levels.
How to Set Up Alerts
1. Choose Your Timeframe
- In the indicator settings, select the timeframe for the high/low reference.
- Example: If you select 1 hour, the indicator will plot the previous 1-hour high and low and alert you when either level is broken
2. Create an Alert
- Condition → High/Low Break Alerts
- Function → Any alert() function call
Optional:
- If you want alerts only for high breakouts or low breakouts, select High Breakout or Low Breakout and use "Once Per Bar" as the trigger. (It will still alert only once per period.)
3. Setting Alerts for Multiple Timeframes
- If you want to create another alert for a different timeframe, first select the new timeframe in the indicator settings, then create a new alert
- Note: Previous alerts will continue to notify you based on the timeframe they were originally set for, even if you change the timeframe in the indicator settings.
Trendchange Zones Indicator | iSolani
Spotting Reversals Before They Happen: The iSolani Trendshift System
Where RSI Meets Smart Volume Analysis - Your Visual Guide to Market Turns
Core Methodology
RSI-Powered Zones
Identifies critical levels using:
14-period RSI (default) with 70/30 thresholds
Semi-transparent boxes marking overbought (red) and oversold (green) territories
Zone persistence until RSI returns to neutral range
Dynamic Level Tracking
Plots evolving support/resistance using:
Pivot highs/lows with 15-bar lookback (default)
Auto-extending lines that adapt to new price extremes
Volume-Confirmed Breakouts
Flags significant moves with:
5/10 EMA volume oscillator
20% volume threshold (default) for confirmation
Technical Innovation
Three-Layer Confirmation
Unique combination of:
Classic RSI extremes
Price structure through pivot points
Volume-fueled momentum shifts
Adaptive Visualization
Zones maintain historical context at 33% transparency
Dynamic lines extend indefinitely until invalidated
Discreet labels for breakout events
System Workflow
Calculates RSI values in real-time
Draws colored zones when RSI crosses 70/30
Marks pivot points every 15 bars (default)
Updates support/resistance lines on new pivots
Triggers alerts when price breaks levels with volume confirmation
Standard Configuration
RSI Settings : 14-period length
Pivot Detection : 15-bar left/right lookback
Visuals : 33% transparency zones with thin borders
Volume Threshold : 20% oscillator difference
Alerts : Breakout signals with "B" labels
This system transforms the classic RSI into a spatial analysis tool - not just showing when markets are overextended, but where they're likely to reverse. The dynamic lines act as moving barriers that adapt to market structure, while the volume filter ensures only high-conviction breaks get flagged. By layering momentum, price action, and volume dynamics, it creates a multi-spectrum view of potential trend changes.
Fibonacci Pivot Points & Previous D,W&M Highs/LowsIndicator Overview
This indicator combines Fibonacci Pivot Points with previous high and low levels for different timeframes (day, week, month). It plots these levels on the chart to provide traders with key support and resistance areas, making it easier to identify potential trading opportunities.
Features
Fibonacci Pivot Points:
The indicator calculates pivot points based on the high, low, and close prices.
Fibonacci levels are used to determine support (S1, S2, S3, S4, S5) and resistance (R1, R2, R3, R4, R5) levels.
Users can customize the Fibonacci levels for both support and resistance.
Previous Highs and Lows:
The indicator plots previous day, week, and month high and low levels.
Each of these lines can be customized in terms of visibility, color, and width.
This helps traders to see key historical levels that might act as support or resistance in the future.
Inputs and Customization:
Fibonacci Time Frame:
Users can select the timeframe for calculating the pivot points (Daily, Weekly, Monthly).
Fibonacci Levels:
Customizable input fields for each Fibonacci level (R1, R2, R3, R4, R5, S1, S2, S3, S4, S5).
Previous High/Low Lines:
Day Lines:
Options to show or hide previous day's high/low lines.
Customizable color and width for these lines.
Week Lines:
Options to show or hide previous week's high/low lines.
Customizable color and width for these lines.
Month Lines:
Options to show or hide previous month's high/low lines.
Customizable color and width for these lines.
Technical Calculations:
Fibonacci Pivot Points:
Calculated as:
pp = (High + Low + Close) / 3
S1 = pp - ((High - Low) * Fibonacci Level)
R1 = pp + ((High - Low) * Fibonacci Level)
Previous High/Low Levels:
Uses request.security to fetch previous high and low values for the selected timeframe.
Plotted using line.new to draw lines across the chart.
Plotting:
The indicator plots Fibonacci Pivot Points and previous high/low lines on the chart, using distinct colors for each level.
Customizable transparency and linewidths make it easier to visually interpret the levels.
This indicator is particularly useful for traders who rely on technical analysis to identify key support and resistance levels, offering a blend of historical data and Fibonacci-based predictions.
Feel free to ask if you have any specific questions or need further adjustments!
Sklarew Rule of 7 (with alternative multipliers)Sklarew’s Rule of 7 – A Framework for Projecting Price Movements:
The Rule of 7 is a price projection method developed by Arthur Sklarew, a technical analyst and trader. It is designed to estimate how far a breakout move may extend after price breaks out from a key level.
How the Rule of 7 Works
The method assumes that price moves in measured expansions, using a base move (initial breakout movement) as a reference point. These expansions follow a set of specific multipliers applied to the base move.
Step-by-Step Calculation
1. Identify the Initial Breakout Move
This is the first leg of the trend after a breakout from consolidation.
It can be measured from a swing low to swing high in an uptrend or vice versa in a downtrend.
2. Project Future Price Targets Using Multipliers
Sklarew’s Rule uses four price expansion levels:
1.75 × Initial Move
2.33 × Initial Move
3.50 × Initial Move
7.00 × Initial Move
These levels act as potential profit-taking zones or trend exhaustion points.
Example Calculation
Let’s assume WTI crude oil breaks out from $75 to $80, making a $5 breakout move.
Applying Sklarew’s Multipliers
Target 1: $80 + (1.75 × $5) = $88.75
Target 2: $80 + (2.33 × $5) = $91.65
Target 3: $80 + (3.50 × $5) = $97.50
Target 4: $80 + (7.00 × $5) = $115.00
These price levels provide guidance on where price may extend to and where traders might scale out of positions.
Alternative Multipliers: 1.40, 1.75, 2.33, and 3.50
Some traders modify the original multipliers for different market conditions. Using your alternative set, the projections would be:
Target 1: $80 + (1.40 × $5) = $87.00
Target 2: $80 + (1.75 × $5) = $88.75
Target 3: $80 + (2.33 × $5) = $91.65
Target 4: $80 + (3.50 × $5) = $97.50
This adjusts for different volatility environments while keeping the core principle intact.
How Sklarew’s Rule is Used in Trading
Trend Following: Confirms momentum strength & helps identify targets.
Breakout Trading: Estimates how far a breakout may run before retracing.
Institutional Strategy Influence: Market makers may structure orders around similar measured moves.
MA Cross Multi Alert KrafturMA Cross Multi Alert Kraftur
Description
The "MA Cross Multi Alert Kraftur" indicator is a versatile tool designed to help traders identify potential buy and sell opportunities based on the crossings of multiple moving averages (MAs). Unlike traditional MA crossover indicators that focus on a single pair of averages, this script offers three distinct crossover levels (e.g., 21/50, 50/90, 50/200) for greater flexibility and precision. It overlays signals directly on the price chart and delivers real-time alerts when crossings occur, making it an excellent choice for traders seeking to pinpoint entry and exit points across various market conditions.
Key Features
Multi-Level Crossovers: Tracks crossings between configurable moving averages (e.g., 21 crossing 50, 50 crossing 90, 50 crossing 200) to detect varying trend strengths and reversals.
Visual Signals: Buy signals are displayed as upward triangles below the bars, and sell signals as downward triangles above the bars, each color-coded for quick recognition.
Real-Time Alerts: Triggers alerts once per bar when a crossover occurs, with a filter to avoid repetitive notifications during minor fluctuations.
Customizable: Adjustable MA lengths, timeframe, and signal colors allow tailoring to individual trading preferences and strategies.
Recommended Usage
This indicator shines as a scanning tool for identifying trade setups across multiple assets. Apply it to your watchlist of stocks, forex pairs, or cryptocurrencies, and set up alerts to catch crossover signals in real time. It performs exceptionally well in trending or consolidating markets and can be paired with additional tools (e.g., trendlines, RSI, or volume analysis) to validate signals and boost reliability. Ideal for multi-timeframe traders or those managing diverse portfolios.
How to Use
Add the indicator to your chart.
Adjust the MA lengths (e.g., 21, 50, 90, 200), timeframe, and signal colors to align with your trading approach.
Configure alerts for the indicator and apply them to your asset watchlist.
Watch for buy (upward triangles) and sell (downward triangles) signals on the chart, or rely on alert notifications for timely updates.
Perfect for day traders, swing traders, or anyone aiming to streamline signal detection and automate their workflow!
DCSessionStatsOHLC_v1.0DCSessionStatsOHLC_v1.0
© dc_77 | Pine Script™ v6 | Licensed under Mozilla Public License 2.0
This indicator overlays customizable session-based OHLC (Open, High, Low, Close) statistics on your TradingView chart. It tracks price action within user-defined sessions, calculates average manipulation and distribution levels based on historical data, and visually projects these levels with lines and labels. Additionally, it provides a session count table to monitor bullish and bearish sessions.
Key Features:
Session Customization: Define session time (e.g., "0000-1600") and time zone (e.g., UTC, America/New_York). Analyze up to 20 historical sessions.
Anchor Line: Displays a vertical line at session start with customizable style, color, and optional label.
Session Open Line: Plots a horizontal line at the session’s opening price with adjustable appearance and label.
Manipulation Levels: Calculates and projects average price extensions (high/low relative to open) for manipulative moves, shown as horizontal lines with labels.
Distribution Levels: Displays average price ranges (high/low beyond open) for distribution phases, with customizable lines and labels.
Visual Flexibility: Adjust line styles (solid, dashed, dotted), colors, widths, label sizes, and projection offsets (bars beyond session start).
Session Stats Table: Optional table showing counts of bullish (close > open) and bearish (close < open) sessions, with configurable position and size.
How It Works:
Tracks OHLC data within each session and identifies session start/end based on the specified time range.
Computes averages for manipulation (e.g., low below open in bullish sessions) and distribution (e.g., high above open) levels from past sessions.
Projects these levels forward as horizontal lines, extending them by a user-defined offset for easy reference.
Updates a table with real-time bullish/bearish session counts.
Use Case:
Ideal for traders analyzing intraday or custom session behavior, identifying key price levels, and gauging market sentiment over time.
Toggle individual elements on/off and fine-tune visuals to suit your trading style.
SuperTrend + Relative Volume (Kernel Optimized)Introducing our new KDE Optimized Supertrend + Relative Volume Indicator!
This innovative indicator combines the power of the Supertrend indicator along with Relative Volume. It utilizes the Kernel Density Estimation (KDE) to estimate the probability of a candlestick marking a significant trend break or reversal.
❓How to Interpret the KDE %:
The KDE % is a crucial metric that reflects the likelihood that the current candlestick represents a true break in the SuperTrend line, supported by an increase in relative volume. It estimates the probability of a trend shift or continuation based on historical SuperTrend breaks and volume patterns:
Low KDE %: A lower probability that the current break is significant. Price action is less likely to reverse, and the trend may continue.
Moderate KDE - High KDE %: An increased possibility that a trend reversal or consolidation could occur. Traders should start watching for confirmation signals.
📌How Does It Work?
The SuperTrend indicator uses the Average True Range (ATR) to determine the direction of the trend and identifies when the price crosses the SuperTrend line, signaling a potential trend reversal. Here's how the KDE Optimized SuperTrend Indicator works:
SuperTrend Calculation: The SuperTrend indicator is calculated, and when the price breaks above (bullish) or below (bearish) the SuperTrend line, it is logged as a significant event.
Relative Volume: For each break in the SuperTrend line, we calculate the relative volume (current volume vs. the average volume over a defined period). High relative volume can suggest stronger confirmation of the trend break.
KDE Array Calculation: KDE is applied to the break points and relative volume data:
Define the KDE options: Bandwidth, Number of Steps, and Array Range (Array Max - Array Min).
Create a density range array using the defined number of steps, corresponding to potential break points.
Apply a Gaussian kernel function to the break points and volume data to estimate the likelihood of the trend break being significant.
KDE Value and Signal Generation: The KDE array is updated as each break occurs. The KDE % is calculated for the breakout candlestick, representing the likelihood of the trend break being significant. If the KDE value exceeds the defined activation threshold, a darker bullish or bearish arrow is plotted after bar confirmation. If the KDE value falls below the threshold, a more transparent arrow is drawn, indicating a possible but lower probability break.
⚙️Settings:
SuperTrend Settings:
ATR Length: The period over which the Average True Range (ATR) is calculated.
Multiplier: The multiplier applied to the ATR to determine the SuperTrend threshold.
KDE Settings:
Bandwidth: Determines the smoothness of the KDE function and the width of the influence of each break point.
Number of Bins (Steps): Defines the precision of the KDE algorithm, with higher values offering more detailed calculations.
KDE Threshold %: The level at which relative volume is considered significant for confirming a break.
Relative Volume Length: The number of historic candles used in calculating KDE %
Pivot Points [SMRT Algo]Pivot Points is a free, innovative indicator designed to automatically detect and highlight key turning points on your TradingView charts through advanced candlestick pattern analysis. This indicator is perfect for traders seeking clear visual signals for potential trend reversals.
How It Works:
Candlestick Pattern Analysis: The indicator continuously scans for specific candlestick formations. It identifies a potential high pivot when a bullish candle (where the close is higher than the open) is immediately followed by a bearish candle (where the close is lower than the open). Conversely, a potential low pivot is detected when a bearish candle is followed by a bullish candle.
Boxing the Price Range: Once a potential pivot is identified, the algorithm draws a box around the corresponding price range. This box captures the area where the price action is concentrated, serving as a zone of interest for the pivot.
Confirmation of Major Pivots: The initial detection marks what we call a "minor pivot" with a temporary yellow box. The indicator then waits for subsequent price action. If the price fails to break out of this box—meaning it remains confined within the defined boundaries—the pivot is confirmed as a major pivot. At this stage, the yellow box changes color to green (or red, depending on whether it’s a high or low pivot), clearly marking the confirmed turning point.
Pivot Sequence: The progression follows a clear sequence: Minor Pivot ➔ Yellow Box ➔ Major Pivot. This step-by-step visual guide helps traders quickly interpret the strength and significance of the pivot.
Inputs:
Show Labels: An input option allows you to toggle pivot labels on or off, so you can choose whether to display descriptive labels directly on your chart.
Adjustable Colors: The colors of the pivot points—including the green and red boxes—are fully customizable via the input settings. This ensures that you can tailor the visual appearance of the indicator to match your personal charting style or trading strategy.
Enhancing Entry and Exit Strategies
Entry Points: Look to enter a trade when the indicator confirms a pivot (after the box changes color). A confirmed pivot could indicate that a reversal is underway, giving you a potential entry signal.
Exit Points & Stop Losses: Use the boundaries of the pivot box to set stop losses. For example, if you’re in a long trade and the price approaches a confirmed resistance pivot, consider this a signal to tighten stops or exit, as the trend may reverse.
Confluence with Other Indicators: Combine the pivot point signals with other tools like RSI, MACD, or volume indicators. If multiple signals point to a reversal at the same pivot, it strengthens your confidence in the trade decision.
Trading Strategy Applications
Reversal Trading: Use confirmed pivot points as indicators for potential reversals. Enter trades when the price action validates the pivot point, anticipating that the market is turning.
Range Trading: When the price oscillates within a defined pivot box, you can use the top and bottom of the box as potential boundaries for a range-trading strategy.
Breakout Trading: Conversely, if the price breaks out of a pivot box, this may signal the start of a new trend. You can use this breakout as a trigger for entering a position in the direction of the breakout.
The indicator highlights potential reversal zones with clearly marked boxes and labels, making it easier to spot key turning points and manage trades effectively.
Pivot Points removes the guesswork by automatically scanning for and confirming pivot points based on rigorous candlestick analysis.
Whether you're a day trader or a swing trader, Pivot Points provides actionable insights into market dynamics, helping you to better time entries and exits.
AEST High-Low MarkerOverview
This TradingView indicator, AEST High-Low Marker, is designed to mark the highest and lowest price levels observed between 5:00 PM and 6:00 PM AEST and extend these levels visually on the chart only between 5:00 PM and 12:00 AM AEST.
Functionality
Time Conversion for AEST
Since TradingView operates in UTC, the script translates AEST (UTC+10 or UTC+11 during daylight savings) into UTC time.
The script starts tracking from 5:00 PM AEST (7 AM UTC) to 6:00 PM AEST (8 AM UTC).
The high and low lines will be displayed only between 5:00 PM and 12:00 AM AEST (7 AM to 2 PM UTC).
Real-Time High & Low Calculation
The indicator dynamically updates the session high and low as new candles form during the 5 PM - 6 PM AEST period.
It captures the maximum high and minimum low during this timeframe.
Line Display Restrictions
The session high and low lines will only be drawn between 5:00 PM and 12:00 AM AEST to prevent chart clutter.
The lines disappear after 12:00 AM AEST.
Visual Representation
Blue Line: Marks the session high recorded between 5 PM - 6 PM AEST.
Red Line: Marks the session low recorded between 5 PM - 6 PM AEST.
Both lines extend until 12 AM AEST and then disappear.
Use Case
This indicator is useful for traders looking to track key price levels formed between 5 PM and 6 PM AEST and observe how price interacts with these levels until midnight.
It is particularly beneficial for intraday and short-term trading strategies, allowing users to identify potential support and resistance zones based on early evening price action.
LDO Support and Resistance with Trend LinesUnderstanding the Indicator on Your Chart
Support Lines (Green): These horizontal lines represent price levels where LDO is likely to find buying interest, preventing further declines. They turn a semi-transparent green when the price is above them and blue when below.
Resistance Lines (Blue): These horizontal lines indicate price levels where selling pressure may halt upward movements. They turn a semi-transparent blue when the price is below them and green when above.
Trend Lines (Blue for Resistance, Green for Support): Diagonal lines show the overall trend direction. Blue trend lines indicate resistance (price may struggle to rise above), and green trend lines indicate support (price may find a floor).
Pivots: Small triangles appear above or below candles to mark pivot highs (resistance) and pivot lows (support), helping you identify key turning points.
Customizing the Indicator
You can tweak the indicator’s behavior through the settings panel. Here’s what each input does:
Show Trend Lines? (Default: True)
Enables or disables the display of trend lines on the chart. Set to false to hide trend lines if you only want support/resistance levels.
Choose Higher Time Frame
Select a higher timeframe (e.g., 1H, 4H, 1D) to display support and resistance levels from that timeframe on your current chart (e.g., 5M or 15M).
Pivot Length Settings (Current and Higher Timeframe):
Pivot Length Left Hand Side (Current/HTF): Adjusts how many bars to the left the indicator looks to identify pivot lows (default: 15 for current, 20 for HTF).
Pivot Length Right Hand Side (Current/HTF): Adjusts how many bars to the right the indicator looks to identify pivot highs (default: 10 for current, 15 for HTF).
Increase these values for fewer, more significant pivots; decrease for more frequent pivots.
Pivot Sources (Trend 1 and Trend 2 Pivots):
Select the price source (e.g., low, high) for calculating pivot lows and highs. Default is low for pivot lows and high for pivot highs.
Line Width Settings:
Lower Time Frame Line Width (Default: 5): Sets the thickness of support/resistance lines on the current timeframe.
Higher Time Frame Line Width (Default: 18): Sets the thickness of support/resistance lines on the higher timeframe.
Show Support & Resistance? (Default: True)
Enables or disables the display of horizontal support and resistance lines. Set to false to hide them if you only want trend lines.
Alert Settings (Under “Alerts” Group):
Enable Trend Line Alerts? (Default: True): Turns alerts on or off for trend line hits.
Alert on Resistance Trend Lines? (Default: True): Enables alerts when the price hits resistance trend lines.
Alert on Support Trend Lines? (Default: True): Enables alerts when the price hits support trend lines.
Alert Message: Customize the alert message format (default: “Price hit trend line at {0}”, where {0} is replaced by the price).
Setting Up Alerts
Enable Alerts in the Indicator:
In the indicator settings, ensure “Enable Trend Line Alerts?” is set to true, and choose whether to alert on resistance or support trend lines.
Create a TradingView Alert:
Click the “Alerts” button (bell icon) at the top of the chart.
Select “Create Alert” and choose this indicator from the “Condition” dropdown.
Set the alert frequency (e.g., once per bar, only once), notification method (e.g., email, popup), and save the alert.
Test the Alerts:
ICT Liquidity Levels [TakingProphets]Overview
This indicator is designed to dynamically identify and display key liquidity levels—areas where market participants are likely to engage. By analyzing price swing points, it highlights potential support and resistance zones that can signal reversals or breakouts. The script distinguishes between buyside and sellside liquidity levels, presenting them with customizable visual cues and labels for immediate clarity.
How It Works
Swing Point Detection:
The indicator uses a pivot-based method (with a configurable “Base Swing Strength”) to detect swing highs and lows. Each detected swing is evaluated for its “swing size” (percentage price movement), and if it exceeds a user-defined threshold, the level is classified as major.
Level Creation and Classification:
Overview
Built on core ICT principles, this indicator identifies key liquidity zones—areas where market imbalances can lead to liquidity sweeps. By dynamically analyzing swing points, it offers traders a real-time view of where liquidity is clustering, allowing for a deeper understanding of market structure. 🚀
How It Works
Swing Point Detection 🔍
• Uses a pivot-based method with a configurable “Base Swing Strength” to detect significant price swings.
• Calculates the swing size (percentage change) to flag zones that exceed the “Major Level Threshold” as major liquidity zones.
Level Creation & Classification 🛠️
• Buyside Liquidity Levels (BSL):
Identified from swing highs, marking zones where buying liquidity clusters.
• Sellside Liquidity Levels (SSL):
Identified from swing lows, highlighting zones of concentrated selling liquidity.
• Each zone is stored with its price, bar index, and classification (major or standard) before being drawn as a horizontal line on the chart.
Dynamic Level Management 🔄
• Extension: Liquidity lines automatically extend from their detection point to the current bar.
• Consolidation: When levels are close in price, the script merges them—updating labels (e.g., “REQH” or “REQL”) to denote unified liquidity zones.
• Traded-Through Detection: Adjusts or removes levels if the market moves beyond them, based on your settings.
• Age-Based Cleanup: Inactive zones are automatically removed after a set number of bars to maintain clarity.
Customization Options ⚙️
Visual Settings:
• Choose from solid, dashed, or dotted line styles and adjust line width.
• Option to display labels with customizable placement (left or right) for optimal clarity.
Color & Opacity:
• Set distinct colors for buyside and sellside liquidity zones.
• Configure opacity for zones that have been traded through, keeping them visible yet de-emphasized.
Detection & Cleanup Parameters:
• Adjust “Base Swing Strength” to control pivot detection sensitivity.
• Set the “Major Level Threshold %” to filter for significant liquidity zones.
• Decide whether to retain or remove zones once price moves through them.
• Define how many bars should pass before inactive zones are automatically deleted.
How to Use 🚀
Apply the Indicator:
Simply add the script to your chart—it automatically detects and marks key liquidity zones based on recent price action.
Adjust Inputs:
Fine-tune parameters like swing strength, threshold percentages, and visual settings to match the asset’s characteristics and your trading strategy.
Interpret the Visuals:
• Major Liquidity Zones:
Highlighted with thicker lines and distinct labels (e.g., “Major BSL/SSL”), indicating areas of heightened liquidity concentration.
• Consolidated Zones:
Merged labels (e.g., “REQH/REQL”) denote unified liquidity zones where clustering is significant.
• Traded-Through Zones:
Changes in opacity signal that the market has moved beyond a previously identified liquidity zone.
Underlying ICT Concepts 💡
Liquidity Pools & Sweeps:
Focused on identifying where liquidity is concentrated, the indicator aligns with ICT methodologies that highlight zones crucial for liquidity sweeps.
Pivot Analysis for Liquidity:
Enhances traditional pivot detection to spotlight liquidity clusters, providing a deeper insight into market structure.
Real-Time Adaptation:
With continuous updates and built-in cleanup, the indicator ensures that liquidity zones accurately reflect current market conditions.
Breakouts with timefilter [LuciTech]Here's the updated description with "colors" replaced by "colours" throughout, maintaining the original structure and content:
Breaking Point 2.0
This is a technical analysis overlay indicator designed to identify breakout levels based on pivot highs and lows, with a focus on price action during customizable time windows using London time (UK). It draws horizontal lines at pivot points and plots signals when price breaks above or below these levels, offering traders a tool to monitor potential bullish or bearish movements. The indicator includes options for time filtering and displaying only the most recent breakout.
Features
The Pivot Breakout Lines display horizontal lines at detected pivot highs (bullish) and pivot lows (bearish), coloured green and red by default. These lines extend from the pivot point to the breakout bar and can be set to show only the latest breakout.
The Breakout Signals mark bullish breakouts with an upward triangle below the bar and bearish breakouts with a downward triangle above the bar, using customizable colours.
The Time Filter restricts signals and lines to a specific window (default: 14:30–15:00 UK), which can be toggled on or off. A shaded background highlights this period when enabled.
How It Works
The indicator calculates pivot highs and lows using a user-defined lookback period (default: 5 bars). When price closes above a pivot high, it triggers a bullish signal and draws a line from the pivot to the breakout bar. When price closes below a pivot low, it triggers a bearish signal with a corresponding line.
If the time filter is active, signals and lines only appear within the specified window. Outside this period—or if the filter is disabled—they appear based solely on price action. The indicator maintains up to three recent pivots in memory, removing older ones as new pivots form.
Alerts are available for both bullish and bearish breakouts, triggered when signals occur.
Settings
Length controls the lookback period for pivot detection (default: 5).
Colours Bull/Bear sets the colours for bullish (default: green) and bearish (default: red) lines and signals.
Show Last Breakout toggles whether only the most recent breakout line and signal are displayed (default: false).
Time Filter enables or disables the time restriction (default: true).
Fill Background toggles a shaded area during the time window (default: true), with a customizable colour.
Time Settings define the start hour/minute and end hour/minute for the filter (default: 14:30–15:00).
Interpretation
The Pivot Breakout Lines highlight levels where price has previously reversed, potentially acting as support or resistance. A breakout above a pivot high may suggest bullish momentum, while a breakout below a pivot low may indicate bearish pressure.
The Breakout Signals provide visual cues for these events, useful for timing entries or exits. When "Show Last Breakout" is enabled, the chart focuses on the most recent signal, reducing clutter.
The Time Filter and background shading help traders concentrate on specific trading sessions, such as high-volatility periods. When disabled, the indicator tracks breakouts across all times.
