Inizia

Reversal

Stochastic Z-Score [AlgoAlpha]🟠 OVERVIEW This indicator is a custom-built oscillator called the Stochastic Z-Score , which blends a volatility-normalized Z-Score with stochastic principles and smooths it using a Hull Moving Average (HMA). It transforms raw price deviations into a normalized momentum structure, then processes that through a stochastic function to better identify extreme moves. A secondary long-term momentum component is also included using an ALMA smoother. The result is a responsive oscillator that reacts to sharp imbalances while remaining stable in sideways conditions. Colored histograms, dynamic oscillator bands, and reversal labels help users visually assess shifts in momentum and identify potential turning points. 🟠 CONCEPTS The Z-Score is calculated by comparing price to its mean and dividing by its standard deviation—this normalizes movement and highlights how far current price has stretched from typical values. This Z-Score is then passed through a stochastic function, which further refines the signal into a bounded range for easier interpretation. To reduce noise, a Hull Moving Average is applied. A separate long-term trend filter based on the ALMA of the Z-Score helps determine broader context, filtering out short-term traps. Zones are mapped with thresholds at ±2 and ±2.5 to distinguish regular momentum from extreme exhaustion. The tool is built to adapt across timeframes and assets. 🟠 FEATURES Z-Score histogram with gradient color to visualize deviation intensity (optional toggle). Primary oscillator line (smoothed stochastic Z-Score) with adaptive coloring based on momentum direction. Dynamic bands at ±2 and ±2.5 to represent regular vs extreme momentum zones. Long-term momentum line (ALMA) with contextual coloring to separate trend phases. Automatic reversal markers when short-term crosses occur at extremes with supporting long-term momentum. Built-in alerts for oscillator direction changes, zero-line crosses, overbought/oversold entries, and trend confirmation. 🟠 USAGE Use this script to track momentum shifts and identify potential reversal areas. When the oscillator is rising and crosses above the previous value—especially from deeply negative zones (below -2)—and the ALMA is also above zero, this suggests bullish reversal conditions. The opposite holds for bearish setups. Reversal labels ("▲" and "▼") appear only when both short- and long-term conditions align. The ±2 and ±2.5 thresholds act as momentum warning zones; values inside are typical trends, while those beyond suggest exhaustion or extremes. Adjust the length input to match the asset’s volatility. Enable the histogram to explore underlying raw Z-Score movements. Alerts can be configured to notify key changes in momentum or zone entries.
Indicatore Pine Script®
di AlgoAlpha
5
Advanced RSI Divergence & Signal TrackerThis indicator offers a unique edge over traditional RSI divergence tools by supporting both Live and Confirmed modes of divergence detection. Key Features: Two Detection Modes - Live Mode: Detects divergences as price moves. Ideal for faster signal generation when early entries matter. Only the most recent signal may repaint to stay aligned with live market data. - Confirmed Mode: Waits for full pivot confirmation before signaling. This results in more stable, but delayed, signals — great for traders who prefer validation over speed. Multiple Divergence Types Supports detection and visualization for the following: - Bullish Divergence - Hidden Bullish Divergence - Bullish Convergence - Bearish Divergence - Hidden Bearish Divergence - Bearish Convergence Each signal is marked directly on the RSI chart with labeled lines for clarity. RSI Signal Tracker Panel A built-in, optional status table displays: - Current signal type - RSI value at the signal - Price at the signal - Age of the signal (in bars) - Previous signal (if enabled) Fully customizable in the settings — show only what you want to see. Alerts Included Alerts are available for all divergence and convergence signal types. This indicator is designed for traders who want flexibility — whether you need early signals or prefer confirmed ones. Perfect for both reversal and trend-following strategies, with complete control over what is shown on your chart.
Indicatore Pine Script®
di nsp1425
FVG-Bully BearsFVG-Bully Bears Indicator The FVG-Bully Bears indicator is a powerful tool designed to identify Fair Value Gaps (FVGs) on your TradingView charts. FVGs are price gaps that occur when the market moves sharply, leaving areas where little to no trading activity took place. These gaps often act as key support or resistance zones, making them valuable for traders looking to spot potential reversal or continuation points. This indicator highlights Bullish FVGs (potential support zones) and Bearish FVGs (potential resistance zones) with customizable boxes and labels, helping you visualize these critical price levels with ease. Features Bullish and Bearish FVGs: Detects gaps where price has left untested areas, marking bullish (green) and bearish (red) FVGs. Customizable Display: Choose to show or hide bullish/bearish FVGs, adjust colors, and control box visibility. FVG Labels: Optional labels on each FVG box to clearly identify bullish or bearish gaps, with adjustable text size. Delete Filled FVGs: Automatically removes FVGs once price revisits and fills the gap, keeping your chart clean. Box Extension: Extend FVG boxes into the future (up to 100 bars) to track unfilled gaps over time. Performance Optimization: Limits the number of displayed FVG boxes (default: 50) to ensure smooth chart performance. How It Works Bullish FVG: Identified when the high of a candle two bars ago is lower than the low of the current candle, indicating a sharp upward move. Bearish FVG: Identified when the low of a candle two bars ago is higher than the high of the current candle, indicating a sharp downward move. FVGs are drawn as colored boxes (green for bullish, red for bearish) and can include labels for easy identification. If enabled, filled FVGs (where price revisits the gap) are deleted to reduce chart clutter. Settings FVG Settings Show Bullish FVGs: Enable/disable bullish FVG boxes (default: enabled). Show Bearish FVGs: Enable/disable bearish FVG boxes (default: enabled). Bullish FVG Color: Customize the color and transparency of bullish FVG boxes (default: light green). Bearish FVG Color: Customize the color and transparency of bearish FVG boxes (default: light red). Max FVG Boxes: Set the maximum number of FVG boxes displayed (default: 50, range: 1–500). Extend FVG Boxes (Bars): Extend FVG boxes into the future by a specified number of bars (default: 8, range: 0–100). Show FVG Labels: Enable/disable text labels on FVG boxes (default: enabled). Label Size: Choose the size of FVG labels (options: Tiny, Small, Normal, Large, Huge; default: Small). Delete Filled FVGs: Automatically remove FVGs when price fills the gap (default: enabled). How to Use Add the FVG-Bully Bears indicator to your TradingView chart. Customize the settings to match your trading style (e.g., adjust colors, toggle labels, or change box extensions). Watch for green (bullish) and red (bearish) FVG boxes: Bullish FVGs: Potential support zones where price may bounce or consolidate. Bearish FVGs: Potential resistance zones where price may reverse or stall. Use FVGs in combination with other indicators (e.g., support/resistance, trendlines) for better trade decisions. If “Delete Filled FVGs” is enabled, filled gaps will disappear, keeping your chart focused on active FVGs. Ideal For Swing Traders: Identify key price zones for entries or exits. Day Traders: Spot intraday support/resistance levels created by rapid price moves. Price Action Traders: Use FVGs to confirm market structure and potential reversal points. Notes For best performance, keep “Max FVG Boxes” at a reasonable value (e.g., 50) to avoid chart lag. FVGs are most effective on lower timeframes (e.g., 5m, 15m, 1H) but can be used on any timeframe. Combine with other tools like volume or trend indicators for a complete trading strategy. Enjoy trading with FVG-Bully Bears and take advantage of Fair Valu
Indicatore Pine Script®
di Bully_Bears
MACD Reversal IndicatorMACD Reversal – Indicator Description This indicator highlights potential market reversals by combining momentum, volume, and candlestick behavior into a single signal. A marker appears on the chart when several filters (MACD, RSI, Volume, Candle Patterns) align, aiming to capture points where price may be overextended and ready to turn. The goal is not to generate frequent signals, but to isolate moments where the probability of a shift in direction may be higher. How to Use This tool is best used as part of a broader trading framework — for confirmation, not for isolated entries or exits. It may serve well for spotting exhaustion in trends or for identifying possible fade setups, depending on your trading style. Important Note The accuracy and usefulness of the signals can vary depending on the market, asset, and timeframe. It may work better in certain conditions than others. Users are strongly advised to backtest and forward-test the indicator thoroughly before making decisions based on it. Here are some chart examples: Downside of this indicator (strong trend) example:
Indicatore Pine Script®
di FunStriker
PosSys Reversal Points (Delayed Version)**Disclaimer: There is a roughly 10-signal delay on all assets and timeframes; The delayed version is intended for historical testing only. ** Offering you the ability to quantify microstructure with no repaints, no lagging and no delay; Track and trade any and every reversal before it's obvious. Use the PosSys™ Advisor to assist with entries, reentries, stoploss placement, confirmation, bias or confluence as needed, regardless of your trading style or execution method. Access the paid version here ⬇️ qssystems.tech Watch Demos here ⬇️ www.youtube.com
Indicatore Pine Script®
di qssystems
1
🔄 QuantSignals AI Reversal Pro🔄 QuantSignals AI Reversal Pro — 78%+ Win Rate Reversal Detection 🚀 Catch Market Tops & Bottoms with AI-Powered Precision! This powerful script brings you professional-grade reversal signals—built on cutting-edge AI, smart confluence logic, and rigorous backtesting. Whether you’re swing trading, scalping, or position trading, this tool is your new edge. 🎯 Why Traders Love QS AI Reversal Pro: ✅ 78%+ Win Rate on major timeframes (tested on S&P 500, tech stocks, crypto) 🔄 AI-powered oversold/overbought reversal detection 📊 Built-in divergence detection engine (RSI, price, volume) ⚖️ Mean reversion zones + VWAP extremes + Bollinger Band signals 💎 High-Probability Mode: Filters only A+ setups for premium entries 🧠 Confluence Engine: Assigns quality scores to each reversal 🔔 Smart Alerts: Reversal alerts + divergence + premium triggers 🏆 Live Win Rate Tracker on your chart with quality % dashboard 🧠 Powered by QuantSignals AI Engine This is a limited free version of our proprietary 85%+ win rate reversal algorithm—join our Discord to unlock: 🔐 Institutional-level AI reversal strategy 📈 Real-time confluence dashboards across timeframes 🎯 Custom reversal alerts with entry/exit/stop targets 💬 Live strategy signals, backtests & expert community 💥 Perfect For: 🔁 Reversal traders (crypto, stocks, futures) ⏱ Scalpers & 15m–4H swing traders 📊 Mean reversion systems 🧪 Traders who want data-driven signal confidence 📌 How It Works: Every signal is based on multi-layer confluence: Oversold/Overbought + Divergence + VWAP/BB + Volume Surge Optional: Only show signals with minimum Risk:Reward (e.g. 1:2.5) Each signal is scored, and you’ll see real-time win rate on-screen Reversal zones highlighted via color-coded backgrounds 📺 On-Chart Display: 🔄 BUY / SELL Reversal Labels (color-coded for high-probability) 📉 Divergence Lines (bullish & bearish) 🧮 Signal Quality % + Live Win Rate ⚠️ Alerts on all major events (standard + high-prob + divergence) 🔓 Upgrade to Premium (in Discord): ✅ Access full 85%+ win rate reversal model 🧠 AI pattern recognition engine 🔍 Multi-timeframe signal agreement 💡 Institutional order-flow reversal tracking 📊 Backtests + optimization support 🚨 Advanced alerts + automation-ready signals 📲 Join Our 1,800+ Member Community: 🌐 Website: quantsignals.xyz 💬 Discord: discord.gg/quantsignals 🎓 Learn the reversal strategies that top traders use 🔄 Start catching market reversals like a pro—install QS AI Reversal Pro today! Note: This script is a visual indicator and not a strategy tester. For full backtest-ready premium strategy, please contact us on Discord.
Indicatore Pine Script®
di quantsignals
BG's SPEAR - SPY Precision Entry & Reversal (5min)BG's SPEAR - SPY Precision Entry & Reversal Advanced Technical Analysis for SPY Intraday Trading 📊 Overview BG's SPEAR is a comprehensive technical indicator designed for SPY intraday trading, combining multiple momentum oscillators and trend analysis to identify high-probability entry and exit points. The system integrates classic technical analysis with modern volatility filtering for enhanced signal quality. 🎯 Signal Types Primary Signals: Triangle markers indicate momentum-based entry opportunities Enhanced signals provide additional confluence for higher-confidence trades Color-coded system for easy visual identification Supporting Analysis: VWAP integration for institutional-level price analysis Volatility-based filtering to focus on optimal market conditions Session-specific optimization for intraday trading windows 📈 Key Features ✅ Multi-timeframe analysis with optimized parameters ✅ Risk management tools including target and stop visualization ✅ Customizable filtering for different market conditions ✅ Clean visual interface with minimal chart clutter ⚙️ Customization Options Volatility threshold controls for signal frequency Session time filtering for optimal trading windows Target distance settings based on market volatility Quality filters for signal refinement Visual customization options 📋 Recommended Use Best Performance: SPY on 5-minute timeframes during regular market hours Active trading sessions with adequate volatility Experienced traders familiar with momentum-based strategies Configuration: Use default settings as starting point Adjust volatility filters based on market conditions Customize session times for your trading schedule ⚠️ Risk Disclosure This indicator is for educational and analytical purposes only. All trading involves substantial risk of loss. Past performance does not guarantee future results. Users should conduct their own analysis and consult with qualified professionals before making trading decisions. 🔧 Technical Notes Built using advanced Pine Script features including: Multi-oscillator confluence analysis Dynamic volatility adaptation Professional-grade risk visualization Optimized for SPY market microstructure
Indicatore Pine Script®
di spartan_bg
Swing ReversalSwing Reversal — Indicator Description What is the Swing Reversal Indicator? The Swing Reversal indicator is designed to identify high-probability price rejection zones that could mark the beginning of a short- to medium-term reversal. It is based on technical price action patterns, momentum analysis, and volume behavior. Rather than relying on trend-following signals, this tool looks for localized reversals that occur after failed breakouts or exhaustion moves — typically seen as wick-heavy rejection candles that sweep liquidity and then sharply reverse. How Does It Work? The Swing Reversal indicator analyzes a combination of price structure, candle behavior, momentum, and market participation to detect potential reversal points in the market. It identifies candles that exhibit key characteristics of rejection and liquidity sweeps — commonly seen during turning points in swing trends. These candles are typically marked by: A sharp rejection of price in one direction A localized break of recent structure Subtle shifts in momentum and volume The indicator uses multiple filters to reduce noise and ensure that signals are based on meaningful price action, not random wicks or volatility spikes. All signal logic is parameterized — allowing you to fine-tune the detection sensitivity to match the behavior of different assets or market conditions. Best Used On: This is a swing-based tool — not intended for scalping or ultra-short-term trading. 📌 For best results, use it on: 1H, 2H, 4H, 12H Daily and 3D It performs best when paired with: Support/resistance zones Trendline or structure analysis Momentum confirmation (e.g., divergence, breakout follow-through) ⚠️ Caution This indicator does not predict tops or bottoms. It identifies technical conditions for potential reversals, and should always be used with confirmation and sound risk management. Here are some usecases:
Indicatore Pine Script®
di FunStriker
Expansion Triangle [TradingFinder] MegaPhone Broadening🔵 Introduction The Expanding Triangle, also known as the Broadening Formation, is one of the key technical analysis patterns that clearly reflects growing market volatility, increasing indecision among participants, and the potential for sharp price explosions. This pattern is typically defined by a sequence of higher highs and lower lows, forming within two diverging trendlines. Unlike traditional triangles that converge to a breakout point, the expanding triangle pattern becomes wider over time, leaving no precise apex for a breakout to occur. From a price action perspective, the pattern represents a prolonged tug-of-war between buyers and sellers, where neither side has taken control yet. Each aggressive swing opens the door to new opportunities whether it's a trend reversal, range trading, or a momentum breakout. This dual nature makes the pattern highly versatile across market conditions, from exhausted trend ends to volatile consolidation zones. The custom-built indicator for this pattern uses a combination of smart algorithms and detailed analysis of swing dynamics to automatically detect expanding triangles and highlight low-risk entry points. Traders can use this tool to capitalize on high-probability setups from shorting near the upper edge of the structure with confirmation, to trading bearish breakouts during trend continuations, or entering long positions near the lower boundary during bullish reversals. The chart examples included in this article demonstrate these three highly practical trading scenarios in live market conditions. A major advantage of this indicator lies in its structural filtering engine, which analyzes the behavior of each price leg in the triangle. With four adjustable filter levels from Very Aggressive, which highlights all potential patterns, to Very Defensive, which only triggers when price actually touches the triangle's trendlines the indicator ensures that only structurally sound and verified setups appear on the chart, reducing noise and false signals significantly. Long Setup : Short Setup : 🔵 How to Use The pattern typically forms in conditions of heightened uncertainty and volatility, where price swings generate a series of higher highs and lower lows. The expanding triangle consists of three key legs bounded by diverging trendlines. The indicator intelligently analyzes each leg's direction and angle to determine whether a valid pattern is forming. At the core of the indicator’s logic is its leg filtering system, which controls the quality of the pattern and filters out weak or noisy setups. Four structural filter modes are available to suit different trading styles and risk preferences. In Very Aggressive mode, filters are disabled, and the indicator detects any pattern purely based on the sequence of swing points. This mode is ideal for traders who want to see everything and apply their own discretion. In Aggressive mode, the indicator checks whether each new leg extends no more than twice the length of the previous one. If a leg overshoots excessively, the structure is invalidated. In Defensive mode, the filter enforces a minimum movement requirement each leg must move at least 2% of the previous one. This prevents the formation of shallow, weak patterns that visually resemble triangles but lack substance. The strictest setting, Very Defensive, combines all previous filters and additionally requires the price to physically touch the triangle’s trendlines before issuing a signal. This ensures that setups only appear when real market interaction with key structural levels has occurred, not based on assumptions or geometry alone. This mode is ideal for traders seeking maximum precision and minimal risk. 🟣 Bullish Setup A bullish setup within the Expanding Triangle pattern occurs when price revisits the lower support boundary after a series of broad swings typically near the third leg of the formation. This area often represents a shift in momentum, where sellers begin to lose strength and buyers prepare to take control. Ideally, the setup is accompanied by a bullish reversal candle (e.g. doji, pin bar, or engulfing) near the lower trendline. If the Very Defensive filter is active, the indicator will only issue a signal if price makes a confirmed touch on the trendline and reacts from that level. This significantly improves signal accuracy and filters out premature entries. After confirmation, traders may choose to enter a long position on the bullish candle or shortly afterward. A logical stop-loss is placed just below the recent swing low within the pattern. The target can be set at or near the upper trendline, or projected using the full height of the triangle added to the breakout point. On higher timeframes, this reversal often marks the beginning of a strong uptrend. 🟣 Bearish Setup A bearish setup forms when price climbs toward the upper resistance trendline, usually as the third leg completes. This is where buyers often begin to show exhaustion, and sellers step in with strength providing an ideal low-risk entry point for short positions. As with the bullish setup, if the Candle Confirmation filter is enabled, the indicator will only show a signal when a bearish reversal candle forms at the point of contact. If Defensive or Very Defensive filters are also active, the setup must meet strict criteria of proportionate leg movement and an actual trendline touch to qualify. Once confirmed, traders can enter on the reversal candle, placing a stop-loss slightly above the recent high. The target can be set at the lower trendline or calculated based on the triangle's full height, projected downward. This setup is particularly useful at the end of weak bullish trends or in volatile market tops. 🔵 Settings 🟣 Logic Settings Pivot Period : Defines how many bars are analyzed to identify swing highs and lows. Higher values detect larger, slower structures, while lower values respond to faster patterns. The default value of 13 offers a balanced sensitivity. Pattern Filter : Very Aggressive : Detects all patterns based on point sequence with no structural checks. Aggressive : Ensures each leg is no more than 2x the size of the previous one. Defensive : Requires each leg to be at least 2% the size of the previous leg. Very Defensive : The strictest level; only confirms patterns when price touches trendlines. Candle Confirmation : When enabled, the indicator requires a valid confirmation candle (doji, pin bar, engulfing) at the interaction point with the trendline before issuing a signal. This reduces false entries and improves entry precision. 🟣 Alert Settings Alert : Enables alerts for SSS. Message Frequency : Determines the frequency of alerts. Options include 'All' (every function call), 'Once Per Bar' (first call within the bar), and 'Once Per Bar Close' (final script execution of the real-time bar). Default is 'Once per Bar'. Show Alert Time by Time Zone : Configures the time zone for alert messages. Default is 'UTC'. 🔵 Conclusion The Expanding Triangle pattern, with its wide structure and volatility-driven nature, represents chaos but also opportunity. For traders who can read its behavior, it provides some of the most powerful setups for reversals, breakouts, and range-based trades. While the pattern may seem messy at first glance, it is built on clear logic and when properly detected, it offers high-probability opportunities. This indicator doesn’t just draw expanding triangles it intelligently evaluates their structural quality, validates price interaction through candle confirmation, and allows the trader to fine-tune the detection logic through adjustable filter levels. Whether you’re a reversal trader looking for a turning point, or a breakout trader hunting momentum, this tool adapts to your strategy. In volatile or uncertain markets, where fakeouts and sudden shifts are common, this indicator can become a cornerstone of your trading system helping you turn volatility into structured, high-quality opportunities.
Indicatore Pine Script®
di TFlab
RSI Divergence✅ What does the script do? It calculates RSI and looks for divergences between RSI and price. It checks bullish divergence when price makes a lower low, but RSI makes a higher low (potential reversal upwards). It checks bearish divergence when price makes a higher high, but RSI makes a lower high (potential reversal downwards). It only considers divergences within a certain bar distance range (user adjustable: minimum and maximum bars between the two points). When a divergence is found, it: Draws a line connecting the two points of divergence. Plots a small triangle on the chart (below bars for bullish, above bars for bearish). Optionally triggers an alert so you can be notified. It does not repaint because it confirms divergence only after the second pivot forms. ✅ Simple & Informative Description RSI Divergence Indicator This indicator helps identify potential bullish and bearish divergences between price and the RSI (Relative Strength Index). Bullish divergence: Price makes a lower low, but RSI makes a higher low → shown with a green triangle and a green line connecting the lows. Bearish divergence: Price makes a higher high, but RSI makes a lower high → shown with a red triangle and a red line connecting the highs. The script has user settings to: Adjust the RSI length. Set overbought/oversold levels. Define the minimum and maximum bar distance between divergence points. When a valid divergence is detected, the indicator plots the signal on the chart and can trigger an alert. This is a visual aid to spot possible reversal areas based on RSI divergence. It doesn’t give trade entries on its own but can be combined with other tools for confirmation
Indicatore Pine Script®
di FunStriker
SYRAX (SIMPLE RANGE)SYRAX (SIMPLE RANGE) is a minimalist indicator designed for traders who focus on range breakouts. If you’re someone who just needs one clean and consistent range plotted every day to execute your strategy, this tool is for you. The indicator defines a customizable time range on your chart and highlights the high and low of that session, helping you visualize potential breakout zones. A vertical line can also be drawn at a specific time each day to assist with your session planning. Features: • Automatically draws the daily range box based on your chosen start and end time. • Timezone setting to align the range with your local or market session. • Clean visuals with editable box color, border, and text labels. • Optional extended range lines and vertical session markers. Whether you’re trading early session breakouts or waiting for liquidity sweeps, SYRAX gives you the structure you need — nothing more, nothing less.
Indicatore Pine Script®
di maxretri
Reversal IndicatorWhat does this indicator do? This indicator is designed to help traders spot potential reversal points in the market by combining multiple conditions: ✅ Multi-Timeframe RSI – Checks RSI on a lower timeframe (like 5m) to see if the market is oversold or overbought. ✅ Higher Timeframe SMA Filter – Uses a higher timeframe SMA (like 1h) as a trend filter, so signals only trigger in the direction of the bigger trend. ✅ Candle Pattern Confirmation – Looks for bullish or bearish engulfing candles to confirm price exhaustion before signaling a reversal. When all these conditions align, the indicator plots a triangle under/above the candle to highlight a possible reversal. Why is this useful? Many traders struggle with false RSI signals or candle patterns that fail because they don’t respect the larger trend. This indicator filters out weak setups by requiring alignment between: A lower timeframe RSI oversold/overbought condition, A higher timeframe trend filter (SMA), And a strong candle reversal pattern. This multi-layer approach helps avoid chasing every RSI dip and focuses only on high-probability reversal zones. How does it work? Bullish reversal signal → appears when RSI on the lower TF is oversold, price is still above the higher TF SMA (trend still intact), AND a bullish engulfing candle forms. Bearish reversal signal → appears when RSI on the lower TF is overbought, price is below the higher TF SMA, AND a bearish engulfing candle forms. When all conditions match, the indicator plots a triangle under the candle for bullish signals and above the candle for bearish signals. How to use it? Choose your timeframes: A timeframe for trend filtering (e.g. 1h). A timeframe for RSI (e.g. 4h). NOTICE: THE RSI TIMEFRAME SHOULD BE GREATER THEN THE TIMEFRAME FOR THE SMA Otherwise it will not generate that much signals. Watch for signals ONLY in the direction of the higher trend. Use the signals as potential reversal points, not as guaranteed entries. Combine with your own confluence. Optionally set alerts for bullish or bearish reversal conditions so you never miss a setup. Customization ✅ Choose your RSI length & overbought/oversold levels. ✅ Select which timeframes you want for SMA & RSI. ✅ Toggle the higher TF SMA display on/off. ✅ Adjust signal appearance (triangles). Important Notes ⚠️ This is not a standalone trading system. It’s a tool to help spot possible reversal areas. Always confirm with price action, support/resistance, or your own strategy
Indicatore Pine Script®
di FunStriker
9
Universal Renko Bars by SiddWolfUniversal Renko Bars or UniRenko Bars is an overlay indicator that applies the logic of Renko charting directly onto a standard candlestick chart. It generates a sequence of price-driven bricks, where each new brick is formed only when the price moves a specific amount, regardless of time. This provides a clean, price-action-focused visualization of the market's trend. WHAT IS UNIVERSAL RENKO BARS? For years, traders have faced a stark choice: the clean, noise-free world of Renko charts, or the rich, time-based context of Candlesticks. Choosing Renko meant giving up your favorite moving averages, volume profiles, and the fundamental sense of time. Choosing Candlesticks meant enduring the market noise that often clouds true price action. But what if you didn't have to choose? Universal Renko Bars is a revolutionary indicator that ends this dilemma. It's not just another charting tool; it's a powerful synthesis that overlays the pure, price-driven logic of Renko bricks directly onto your standard candlestick chart. This hybrid approach gives you the best of both worlds: ❖ The Clarity of Renko: By filtering out the insignificant noise of time, Universal Renko reveals the underlying trend with unparalleled clarity. Up trends are clean successions of green bricks; down trends are clear red bricks. No more guesswork. ❖ The Context of Candlesticks: Because the Renko logic is an overlay, you retain your time axis, your volume data, and full compatibility with every other time-based indicator in your arsenal (RSI, MACD, Moving Averages, etc.). The true magic, however, lies in its live, Unconfirmed Renko brick. This semi-transparent box is your window into the current bar's real-time struggle. It grows, shrinks, and changes color with every tick, showing you exactly how close the price is to confirming the trend or forcing a reversal. It’s no longer a lagging indicator; it’s a live look at the current battle between buyers and sellers. Universal Renko Bars unifies these two powerful charting methods, transforming your chart into a more intelligent, noise-free, and predictive analytical canvas. HOW TO USE To get the most out of Universal Renko Bars, here are a few tips and a full breakdown of the settings. Initial Setup for the Best Experience For the cleanest possible view, it's highly recommended that you hide the body of your standard candlesticks, that shows only the skelton of the candle. This allows the Renko bricks to become the primary focus of your chart. → Double click on the candles and uncheck the body checkbox. Settings Breakdown The indicator is designed to be powerful yet intuitive. The settings are grouped to make customization easy. First, What is a "Tick"? Before we dive in, it's important to understand the concept of a "Tick." In Universal Renko, a Tick is not the same as a market tick. It's a fundamental unit of price movement that you define. For example, if you set the Tick Size to $0.50, then a price move of $1.00 is equal to 2 Ticks. This is the core building block for all Renko bricks. Tick size here is dynamically determined by the settings provided in the indicator. ❖ Calculation Method (The "Tick Size" Engine) This section determines the monetary value of a single "Tick." `Calculation Method` : Choose your preferred engine for defining the Tick Size. `ATR Based` (Default): The Tick Size becomes dynamic, based on market volatility (Average True Range). Bricks will get larger in volatile markets and smaller in quiet ones. Use the `ATR 14 Multiplier` to control the sensitivity. `Percentage` : The Tick Size is a simple percentage of the current asset price, controlled by the `Percent Size (%)` input. `Auto` : The "set it and forget it" mode. The script intelligently calculates a Tick Size based on the asset's price. Use the `Auto Sensitivity` slider to make these automatically calculated bricks thicker (value > 1.0) or thinner (value < 1.0). ❖ Parameters (The Core Renko Engine) This group controls how the bricks are constructed based on the Tick Size. `Tick Trend` : The number of "Ticks" the price must move in the same direction to print a new continuation brick. A smaller value means bricks form more easily. `Tick Reversal` : The number of "Ticks" the price must move in the opposite direction to print a new reversal brick. This is typically set higher than `Tick Trend` (e.g., double) to filter out minor pullbacks and market noise. `Open Offset` : Controls the visual overlap of the bricks. A value of `0` creates gapless bricks that start where the last one ended. A value of `2` (with a `Tick Reversal` of 4) creates the classic 50% overlap look. ❖ Visuals (Controlling What You See) This is where you tailor the chart to your visual preference. `Show Confirmed Renko` : Toggles the solid-colored, historical bricks. These are finalized and will never change. They represent the confirmed past trend. `Show Unconfirmed Renko` : This is the most powerful visual feature. It toggles the live, semi-transparent box that represents the developing brick. It shows you exactly where the price is right now in relation to the levels needed to form the next brick. `Show Max/Min Levels` : Toggles the horizontal "finish lines" on your chart. The green line is the price target for a bullish brick, and the red line is the target for a bearish brick. These are excellent for spotting breakouts. `Show Info Label` : Toggles the on-chart label that provides key real-time stats: 🧱 Bricks: The total count of confirmed bricks. ⏳ Live: How many chart bars the current live brick has been forming. These bars forms the Renko bricks that aren't confirmed yet. Live = 0 means the latest renko brick is confirmed. 🌲 Tick Size: The current calculated value of a single Tick. Hover over the label for a tooltip with live RSI(14), MFI(14), and CCI(20) data for additional confirmation. TRADING STRATEGIES & IDEAS Universal Renko Bars isn't just a visual tool; it's a foundation for building robust trading strategies. Trend Confirmation: The primary use is to instantly identify the trend. A series of green bricks indicates a strong uptrend; a series of red bricks indicates a strong downtrend. Use this to filter out trades that go against the primary momentum. Reversal Spotting: Pay close attention to the Unconfirmed Brick . When a strong trend is in place and the live brick starts to fight against it—changing color and growing larger—it can be an early warning that a reversal is imminent. Wait for the brick to be confirmed for a higher probability entry. Breakout Trading: The `Max/Min Levels` are your dynamic breakout zones. A long entry can be considered when the price breaks and closes above the green Max Level, confirming a new bullish brick. A short entry can be taken when price breaks below the red Min Level. Confluence & Indicator Synergy: This is where Universal Renko truly shines. Overlay a moving average (e.g., 20 EMA). Only take long trades when the green bricks are forming above the EMA. Combine it with RSI or MACD; a bearish reversal brick forming while the RSI shows bearish divergence is a very powerful signal. A FINAL WORD Universal Renko Bars was designed to solve a fundamental problem in technical analysis. It brings together the best elements of two powerful methodologies to give you a clearer, more actionable view of the market. By filtering noise while retaining context, it empowers you to make decisions with greater confidence. Add Universal Renko Bars to your chart today and elevate your analysis. We welcome your feedback and suggestions for future updates! Follow me to get notified when I publish New Indicator. ~ SiddWolf
Indicatore Pine Script®
di SiddWolf
7
Monday Swing Box# Monday Swing Box Indicator - Trading Applications This "Monday Swing Box" indicator can be very useful in trading for several strategic reasons: ## 1. **"Monday Effect" Analysis** * **Concept**: Mondays often have particular characteristics in the markets (opening gaps, weekend catch-up, different volumes) * **Utility**: Allows visualization and quantification of these Monday-specific movements * **Application**: Helps identify recurring patterns in your strategy ## 2. **Relative Volatility Measurement with ATR** * **The ATR percentage tells you**: * **< 50%**: Low volatility Monday (possible consolidation) * **50-100%**: Normal volatility * **> 100%**: Very volatile Monday (important event, potential breakout) * **Advantage**: Contextualizes the movement relative to historical volatility ## 3. **Practical Trading Applications** ### **For Day Trading**: * **Entry**: A Monday with >150% ATR may signal a strong movement to follow * **Stop Loss**: Adjust stop sizes according to Monday's volatility * **Targets**: Calibrate targets according to the movement's magnitude ### **For Swing Trading**: * **Support/Resistance**: Monday's high/low often become key levels * **Breakout**: Breaking above/below Monday's box may signal continuation * **Retracement**: Return to Monday's box = support/resistance zone ### **For Risk Management**: * **Sizing**: Adapt position sizes according to measured volatility * **Timing**: Avoid trading abnormally volatile Mondays if you prefer stability ## 4. **Specific Possible Strategies** ### **"Monday Breakout"**: * Wait for a break above/below Monday's box * Enter in the direction of the breakout * Stop at the other end of the box ### **"Monday Reversal"**: * If Monday shows >200% ATR, look for a reversal * The box becomes a resistance/support zone ### **"Monday Range"**: * Trade bounces off the box limits * Particularly effective if ATR % is normal (50-100%) ## 5. **Visualization Advantages** * **Historical**: See past patterns across multiple Mondays * **Comparison**: Compare current volatility to previous Mondays * **Anticipation**: Prepare your strategy according to the type of Monday observed ## 6. **Limitations to Consider** * Monday patterns can vary according to markets and periods * Don't trade solely on this indicator, but use it as a complement * Consider macroeconomic context and news This indicator is therefore particularly useful for traders who want to exploit Monday's specificities and have an objective measure of this day's relative volatility compared to normal market conditions.
Indicatore Pine Script®
di MrsLevarg
CISD & OB - The Real ICT Way [BLAZ]ICT Order Blocks & CISD This indicator is based on the ICT (Inner Circle Trader) methodology and highlights Order Blocks (OB) and Changes in State of Delivery (CISD) — two foundational concepts for understanding institutional order flow and potential market turning points. Order Block (OB) An Order Block represents a specific price zone where institutional participants (“smart money”) have executed substantial buy or sell orders. These zones often precede significant price movements and are commonly identified on candlestick charts by observing the following behaviour: A strong impulsive move in price that closes above or below the open price of an opposing candle (or series of candles). Types of Order Blocks: Bullish Order Block A bullish OB forms when a bullish impulsive move closes above the open of the first bearish candle (or sequence of bearish candles). This signals strong buying interest at that level. Bearish Order Block A bearish OB forms when a bearish impulsive move closes below the open of the first bullish candle (or sequence of bullish candles). This indicates significant selling pressure. These areas often act as high-probability zones for price reversals, continuation, or liquidity grabs, and are widely monitored by ICT-based traders. Change in State of Delivery (CISD) A CISD marks a shift in market sentiment, structure, or institutional order flow. It is represented by the first OB that forms in the opposite direction of the prevailing market trend or prior OB. Types of CISD: Bullish CISD: The first bullish OB following a bearish OB or bearish CISD. Bearish CISD: The first bearish OB following a bullish OB or bullish CISD. CISDs are critical in identifying potential trend reversals or transitions between accumulation and distribution phases. They help traders anticipate shifts in directional bias and refine entry timing. This indicator is designed to visually capture these important zones and transitions, providing users with a clearer understanding of where institutional activity may influence price and where key structural shifts occur. Note: Labels displayed on the chart are included for illustrative purposes only and do not represent part of the indicator's functional features. Core Functionality: This indicator offers a precise and rules-based plotting of ICT Order Blocks (OB) and Changes in State of Delivery (CISD), faithfully adhering to the original concepts as taught within the ICT framework. It is designed to function seamlessly across any asset class and timeframe, enabling users to accurately interpret market structure, institutional order flow, and potential directional shifts. Flexible Line Display To provide clarity without overwhelming the chart, users can individually control the number of bullish and bearish lines displayed, with up to 25 OB/CISD per direction (bullish and bearish). This feature helps tailor the indicator to specific trading styles or charting preferences, making it suitable for both scalping and higher timeframe structural analysis. Visual Customisation Users can fully tailor the appearance of Order Block and CISD lines to align with their chart preferences. Customisation includes: Individual colour selection for bullish and bearish OBs, and for bullish and bearish CISDs. Adjustable line width, up to a maximum of 10 pixels, allowing clear visual distinction even in high-density chart environments. Selective visibility: Users can toggle OB or CISD lines independently, allowing full attention on structural breaks or trend reversal zones as needed. Built for Precision, Designed for Clarity This indicator is built for serious traders who demand mechanical consistency in identifying institutional footprints. It is not based on subjective interpretation but on strict, codified rules that reflect actual ICT principles. Whether you are analysing a change in delivery state or mapping historical OB zones, the ICT CISD & OB indicator ensures you are equipped with: Real-time and historical OB/CISD detection Multi-timeframe compatibility Instant structure recognition This tool bridges the gap between theory and execution, giving you the edge in identifying where smart money is active and how to position around it. Disclaimer: By using this indicator, you acknowledge and agree to the following terms: Educational and Informational Use Only This indicator is provided strictly for educational and informational purposes. It is not intended to serve as financial advice, investment advice, trading advice, or a recommendation to buy or sell any financial instrument. The content and outputs of this indicator are based on historical price action and mechanical logic derived from widely taught ICT concepts, and should not be interpreted as predictive or guaranteed in any form. No Financial Relationship or Advisory Role The author of this indicator is not a financial advisor, registered broker, or licensed asset manager. No fiduciary relationship is created between the author and the user through the use of this tool. Users are fully responsible for their own trading decisions and financial outcomes. Past Performance Is Not Indicative of Future Results While this indicator may identify historical zones of interest or highlight structural patterns, it does not guarantee future price movement or accuracy in all market conditions. Market behaviour is subject to unpredictable external factors including liquidity, volatility, and macroeconomic news events. Use at Your Own Risk All users are advised to perform their own due diligence and risk assessments before making any trading decisions. By applying this script to your charts, you accept full liability for any losses, gains, or financial decisions that may result from its use. The author, publisher, and affiliated platforms shall not be held liable for any direct or indirect damages, including financial loss, data loss, or missed opportunities. Access and Licensing Access to the indicator is managed through a third-party licensing platform. Unauthorised redistribution, sharing, reselling, or republishing of the script is strictly prohibited and may result in termination of access and reporting to TradingView for violation of vendor policies. For full access, refer to the author’s section. Indicator Limitations and Scope The indicator is a technical analysis tool and should be treated as one of many inputs in a broader trading or investing strategy. Labels, visual illustrations, or annotations shown in sample images are for demonstration purposes only and are not part of the indicator’s functional output. Refund Policy By purchasing access to this indicator, you expressly agree that all sales are final. Once access is granted, no refunds, reimbursements, or chargebacks will be issued under any circumstances. Any attempt to initiate a chargeback will be interpreted as a breach of this agreement and may result in immediate termination of access. By continuing to use this indicator, you confirm that you have read, understood, and accepted the terms outlined above.
Indicatore Pine Script®
di Blazarx
1
ATR Trailing + Alerts + Price LabelsATR Trend is a clean and intelligent trend-following overlay built for traders who want clarity during both trending and ranging markets. This indicator dynamically detects bullish and bearish market trends using the Average True Range (ATR), applying a confirmation-based approach to filter out false signals and minor pullbacks. The trend line is: Blue 🔵 during uptrends. Black ⚫ during downtrends. Continuous, recalculating only when the market truly shifts — not just when price temporarily crosses the line. When a confirmed trend reversal occurs: A 🔼 or 🔽 label shows the exact price of the flip. An alert can be triggered to notify the user immediately. 💡 Features: ✅ Single-line trend direction ✅ Filters out short-term noise ✅ Exact price labeling on trend change ✅ Built-in alerts for up/down trend shifts ⚙️ Inputs: ATR Period – Length of ATR calculation (default: 14) ATR Multiplier – Offset for trend line placement (default: 2.0) Flip Sensitivity – Number of bars required to confirm a trend reversal (default: 3) This tool is suitable for: Swing traders avoid false breakouts Scalpers looking for high-probability trend entries Algorithmic setups requiring structured trend logic
Indicatore Pine Script®
di vineeth059
True Wave Trend [EWT]True Wave Trend ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Overview True Wave Trend is a sophisticated, next-generation trend analysis tool designed to identify the start of new market trends with high precision. Inspired by the foundational principles of the Elliott Wave Principle, this indicator automatically detects the underlying 5-wave motive structures that signal a powerful shift in market direction. The primary goal of this tool is to help traders spot potential trend changes early, filter out market noise, and align their strategies with the primary trend for more confident decision-making. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ How It Works At the core of the Elliott Wave Principle is the idea that the market moves in repetitive, predictable patterns. The primary directional move, known as an motive wave, unfolds in a sequence of five distinct waves. These 5-wave patterns form the foundation of any strong, sustainable trend. Our True Wave Trend indicator employs an advanced, proprietary pattern recognition algorithm to automatically identify these foundational 5-wave sequences on your chart. When a valid bullish 5-wave impulse is completed, the indicator signals the start of a new uptrend. Conversely, the completion of a bearish 5-wave impulse signals the beginning of a new downtrend. By focusing on these core market structures, the indicator provides a clear and objective assessment of the trend, free from the ambiguity of traditional lagging indicators. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Visual Features The indicator is designed to be clean, intuitive, and easy to read directly on your chart. Trend Background The indicator paints the chart background to provide an at-a-glance view of the current market trend. 🟩 Light Green Background: A confirmed uptrend is in progress. This suggests the market is in a bullish phase. 🟥 Light Red Background: A confirmed downtrend is in progress. This suggests the market is in a bearish phase. Swing Markers The small triangles mark the key Swing Highs and Swing Lows. These are the pivotal turning points in price that serve as the building blocks for the indicator's wave analysis. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ How to Use This Indicator This tool is best utilized as a primary trend-confirmation system. Identify the Trend : Use the background color as your primary guide. A green background suggests looking for bullish opportunities (e.g., buying on pullbacks), while a red background suggests looking for bearish opportunities (e.g., selling on rallies). Confirm with Other Tools : For optimal results, combine the signals from True Wave Trend with your existing trading strategy. Use it to confirm your analysis of support and resistance, moving averages, volume, or momentum oscillators like the RSI or Stochastics. Risk Management : Always use proper risk management. The start of a new trend does not guarantee future price movement. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Example of an Uptrend Signal This chart shows the True Wave Trend indicator identifying the end of a downtrend and confirming the start of a new uptrend. After the background turns green, the price begins a sustained move higher. Example of a Downtrend Signal Here, the indicator detects a bullish trend losing steam and confirms a new downtrend. After the background turns red, traders could use this signal to manage long positions or look for shorting opportunities. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Settings & Configuration The indicator can be fine-tuned to fit your specific trading style and preferred timeframes. Pivot Lookback Period This is the most important setting for adjusting the indicator's sensitivity. It controls how the indicator defines a "significant" swing point. A higher value makes the indicator focus only on major, long-term swing points. This results in fewer but more significant trend signals, ideal for swing or position traders. A lower value makes the indicator more sensitive to short-term price swings, which may be more suitable for intraday or lower-timeframe trading. Disallow wave 1 and wave 4 Overlap This is a powerful filter for traders familiar with Elliott Wave theory. In a classic, strong impulse wave, "Wave 4" should not enter the price territory of "Wave 1". This setting enforces that strict rule. When checked, the indicator will only signal a new trend if the underlying 5-wave structure is exceptionally strong and meets this "no-overlap" criteria. This can help filter out weaker, corrective patterns and focus only on the highest-quality trend signals. When unchecked (default), the indicator uses a more flexible definition, allowing it to detect a wider range of trend-defining patterns. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Disclaimer : This indicator is a tool for technical analysis and should not be considered financial advice. All trading involves risk. Past performance is not indicative of future results.
Indicatore Pine Script®
di YetAnotherTA
CISD & OB - The Real ICT Way - Edu [BLAZ]ICT Order Blocks & CISD This indicator is based on the ICT (Inner Circle Trader) methodology and highlights Order Blocks (OB) and Changes in State of Delivery (CISD) — two foundational concepts for understanding institutional order flow and potential market turning points. Order Block (OB) An Order Block represents a specific price zone where institutional participants (“smart money”) have executed substantial buy or sell orders. These zones often precede significant price movements and are commonly identified on candlestick charts by observing the following behaviour: A strong impulsive move in price that closes above or below the open price of an opposing candle (or series of candles). Types of Order Blocks: Bullish Order Block A bullish OB forms when a bullish impulsive move closes above the open of the first bearish candle (or sequence of bearish candles). This signals strong buying interest at that level. Bearish Order Block A bearish OB forms when a bearish impulsive move closes below the open of the first bullish candle (or sequence of bullish candles). This indicates significant selling pressure. These areas often act as high-probability zones for price reversals, continuation, or liquidity grabs, and are widely monitored by ICT-based traders. Change in State of Delivery (CISD) A CISD marks a shift in market sentiment, structure, or institutional order flow. It is represented by the first OB that forms in the opposite direction of the prevailing market trend or prior OB. Types of CISD: Bullish CISD: The first bullish OB following a bearish OB or bearish CISD. Bearish CISD: The first bearish OB following a bullish OB or bullish CISD. CISDs are critical in identifying potential trend reversals or transitions between accumulation and distribution phases. They help traders anticipate shifts in directional bias and refine entry timing. This indicator is designed to visually capture these important zones and transitions, providing users with a clearer understanding of where institutional activity may influence price and where key structural shifts occur. Note: Labels displayed on the chart are included for illustrative purposes only and do not represent part of the indicator's functional features. Core Functionality: This indicator offers a precise and rules-based plotting of ICT Order Blocks (OB) and Changes in State of Delivery (CISD), faithfully adhering to the original concepts as taught within the ICT framework. It is designed to function seamlessly across any asset class and timeframe, enabling users to accurately interpret market structure, institutional order flow, and potential directional shifts. Flexible Line Display To provide clarity without overwhelming the chart, users can individually control the number of bullish and bearish lines displayed, with up to 25 OB/CISD per direction (bullish and bearish). This feature helps tailor the indicator to specific trading styles or charting preferences, making it suitable for both scalping and higher timeframe structural analysis. For educational purposes, the indicator enables plotting a maximum of 2 bullish and 2 bearish lines. To unlock full line history, get access to "CISD & OB - The Real ICT Way ". Visual Customisation Users can fully tailor the appearance of Order Block and CISD lines to align with their chart preferences. Customisation includes: Individual colour selection for bullish and bearish OBs, and for bullish and bearish CISDs. Adjustable line width, up to a maximum of 10 pixels, allowing clear visual distinction even in high-density chart environments. Selective visibility: Users can toggle OB or CISD lines independently, allowing full attention on structural breaks or trend reversal zones as needed. For educational purposes, all lines are fixed at width 1. Full width and colour customisation is available following the "CISD & OB - The Real ICT Way " indicator. Built for Precision, Designed for Clarity This indicator is built for serious traders who demand mechanical consistency in identifying institutional footprints. It is not based on subjective interpretation but on strict, codified rules that reflect actual ICT principles. Whether you are analysing a change in delivery state or mapping historical OB zones, the ICT CISD & OB indicator ensures you are equipped with: Real-time and historical OB/CISD detection Multi-timeframe compatibility Instant structure recognition This tool bridges the gap between theory and execution, giving you the edge in identifying where smart money is active and how to position around it. Disclaimer: By using this indicator, you acknowledge and agree to the following terms: Educational and Informational Use Only This indicator is provided strictly for educational and informational purposes. It is not intended to serve as financial advice, investment advice, trading advice, or a recommendation to buy or sell any financial instrument. The content and outputs of this indicator are based on historical price action and mechanical logic derived from widely taught ICT concepts, and should not be interpreted as predictive or guaranteed in any form. No Financial Relationship or Advisory Role The author of this indicator is not a financial advisor, registered broker, or licensed asset manager. No fiduciary relationship is created between the author and the user through the use of this tool. Users are fully responsible for their own trading decisions and financial outcomes. Past Performance Is Not Indicative of Future Results While this indicator may identify historical zones of interest or highlight structural patterns, it does not guarantee future price movement or accuracy in all market conditions. Market behaviour is subject to unpredictable external factors including liquidity, volatility, and macroeconomic news events. Use at Your Own Risk All users are advised to perform their own due diligence and risk assessments before making any trading decisions. By applying this script to your charts, you accept full liability for any losses, gains, or financial decisions that may result from its use. The author, publisher, and affiliated platforms shall not be held liable for any direct or indirect damages, including financial loss, data loss, or missed opportunities. Access and Licensing Access to the indicator is managed through a third-party licensing platform. Unauthorised redistribution, sharing, reselling, or republishing of the script is strictly prohibited and may result in termination of access and reporting to TradingView for violation of vendor policies. For full access, refer to the "CISD & OB - The Real ICT Way " indicator. Indicator Limitations and Scope The indicator is a technical analysis tool and should be treated as one of many inputs in a broader trading or investing strategy. Labels, visual illustrations, or annotations shown in sample images are for demonstration purposes only and are not part of the indicator’s functional output. Refund Policy By purchasing access to this indicator, you expressly agree that all sales are final. Once access is granted, no refunds, reimbursements, or chargebacks will be issued under any circumstances. Any attempt to initiate a chargeback will be interpreted as a breach of this agreement and may result in immediate termination of access. By continuing to use this indicator, you confirm that you have read, understood, and accepted the terms outlined above.
Indicatore Pine Script®
di Blazarx
True Breakout Pattern [TradingFinder] Breakout Signal Indicator🔵 Introduction In many market conditions, what initially appears to be a decisive breakout often turns out to be nothing more than a false breakout or fake breakout. Price breaks through a key swing level or an important support and resistance zone, only to quickly return to its previous range. These failed breakouts, which are often the result of liquidity traps or market manipulation, serve more as a warning sign of structural weakness than confirmation of a new trend. This indicator is designed around the concept of the fake breakout. The logic is simple but precise : when price breaks a swing level and returns to that level within a maximum of five candles, the move is considered a false breakout. At this point, a Fibonacci retracement is applied to the recent price swing to evaluate the pullback area. If price, within ten candles after the return to the breakout level, enters the Fibonacci zone between 0.618 and 1.0, the setup becomes valid for a potential entry. This area is identified as a long entry zone, with the stop loss placed just beyond the 1.0 level and the take profit defined based on the desired risk-to-reward ratio. By combining accurate detection of false breakouts, analysis of price reaction to swing levels, and alignment with Fibonacci retracement logic, this framework allows traders to identify opportunities often missed by others. In a market where failed breakouts are a common and recurring phenomenon, this indicator aims to transform these traps into measurable trading opportunities. Long Setup : Short Setup : 🔵 How to Use This indicator operates based on the recognition of false breakouts from structural levels in the market, specifically swing levels, and combines that with Fibonacci retracement analysis. In this strategy, trades are only considered when price returns to the broken level within a defined time window and reacts appropriately inside a predefined Fibonacci range. Depending on the direction of the initial breakout, the system outlines two scenarios for long and short setups. 🟣 Long Setup In the long setup, price initially breaks below a support level or swing low. If the price returns to the broken level within a maximum of five candles, the move is identified as a fake breakout. At this stage, a Fibonacci retracement is drawn from the recent high to the low. If price, within ten candles of returning to the level, moves into the 0.618 to 1.0 Fibonacci zone, the conditions for a long entry are met. The stop loss is placed slightly below the 1.0 level, while the take profit is set based on the trader’s preferred risk-reward ratio. This setup aims to capture deeply discounted entries at low risk, aligned with smart money reversals. 🟣 Short Setup In the short setup, the price breaks above a resistance level or swing high. If the price returns to that level within five candles, the move is again treated as a false breakout. Fibonacci is then drawn from the recent low to the high to observe the retracement area. Should price enter the 0.618 to 1.0 Fibonacci range within ten candles of returning, a short entry is considered valid. In this case, the stop loss is placed just above the 1.0 level, and the take profit is adjusted based on the intended risk-reward target. This method allows traders to identify high-probability short setups by focusing on failed breakouts and deep pullbacks. 🔵 Settings 🟣 Logical settings Swing period : You can set the swing detection period. Valid After Trigger Bars : Limits how many candles after a fake breakout the entry zone remains valid. Max Swing Back Method : It is in two modes "All" and "Custom". If it is in "All" mode, it will check all swings, and if it is in "Custom" mode, it will check the swings to the extent you determine. Max Swing Back : You can set the number of swings that will go back for checking. 🟣 Display settings Displaying or not displaying swings and setting the color of labels and lines. 🟣 Alert Settings Alert False Breakout : Enables alerts for Breakout. Message Frequency : Determines the frequency of alerts. Options include 'All' (every function call), 'Once Per Bar' (first call within the bar), and 'Once Per Bar Close' (final script execution of the real-time bar). Default is 'Once per Bar'. Show Alert Time by Time Zone : Configures the time zone for alert messages. Default is 'UTC'. 🔵 Conclusion A sound understanding of the false breakout phenomenon and its relationship to structural price behavior is essential for technical traders aiming to improve precision and consistency. Many poor trading decisions stem from misinterpreting failed breakouts and entering too early into weak signals. A structured approach, grounded in the analysis of swing levels and validated through specific price action and timing rules, can turn these misleading moves into valuable trade opportunities. This indicator, by combining fake breakout detection with time filters and Fibonacci-based retracement zones, helps traders only engage with the market when multiple confirming factors are in alignment. The result is a strategy that emphasizes probability, risk control, and clarity in decision-making, offering a solid edge in navigating today’s volatile markets.
Indicatore Pine Script®
di TFlab
28
IL - Bull and Bear Engulfing Detector - v01Description: This indicator is designed to identify and highlight Bullish and Bearish Engulfing candlestick patterns on your chart. It offers a high degree of customization through different engulfing definitions and an optional strictness filter, allowing traders to tailor the detection to their specific criteria for these common reversal signals. Features: - Universal Detection: Identifies both Bullish Engulfing and Bearish Engulfing patterns. - Configurable Engulfing Modes (via "Engulfing Definition Type" input): 1. "Body (O/C)": Traditional - current body engulfs previous body. 2. "Range (H/L)": Current H/L range engulfs previous H/L range. 3. "Body & Range (Super)": Requires BOTH "Body (O/C)" AND "Range (H/L)" conditions. - Optional "Larger Body" Filter: Engulfing body must be strictly larger. - Display Toggles: Options to show/hide Bullish and/or Bearish pattern signals. - Customizable Colors: Bar colors for bullish/bearish patterns are user-configurable. - Data Logging: Option to log detected pattern details to the Pine Logs. - Visual Signals: Patterns marked with plot shapes and optional bar coloring. How to Use & Interpret: - Configure "Engulfing Definition Type", "Require Larger Engulfing Body?", display toggles, and colors in the indicator settings. - Enable "Log Detected Pattern Examples?" in "Debug Options" to capture data. - BE = Bullish Engulfing (green triangle below bar). BRE = Bearish Engulfing (red triangle above). - Use with other analysis methods for confirmation. Disclaimer: Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.
Indicatore Pine Script®
di TheIndigoLynx