FlipSignalsFlipSignals is a TradingView indicator designed to help you make smarter, more efficient trading decisions by simplifying your trading. Specific symbols show up directly on price action to help you easily visualize trade setups and interpret market movement. The framework behind FlipSignals is systematic yet simple: First, establish a dominant trend with the Trend Level. Then, identify optimal entry points. With a complete understanding of FlipSignals you'll be able to confidently interpret and navigate any market with strong conviction.
Trend Level
The Trend Level is the step line that runs through price action and establishes a dominant directional trend, either green or red. When the Trend Level is green, buyers are in control and price action is bullish - suggesting buying pressure and higher prices. Conversely, when the Trend Level is red, sellers are in control and price action is bearish - suggesting selling pressure and lower prices.
During an uptrend, price action will trade above the Trend Level and use the Trend Level as support. Conversely in a downtrend, price action will trade below the Trend Level, which will act as resistance. When the Trend Level flat lines and flips from one color to another, this signals that price action is resting and could potentially indicate that the trend is shifting or consolidating for a continuation move.
The Trend Level can also be used as a trail stop level when you are in a position. For example, if you are long when the Trend Level is green and stair stepping higher, you can incrementally place your stop right below the Trend Level as price action increases in order to protect your unrealized profit.
Momentum Shifts - ShiftUp / ShiftDown
Small blue and orange triangles indicate short term momentum shifts in price action. When momentum shifts upwards, a small blue up triangle will appear below the candle and when momentum shifts downwards, a small orange, down triangle will appear above the candle.
ShiftUp and ShiftDown signals generally confirm short term tops/bottoms although consecutive momentum shifts within a short period of candles can indicate consolidation and stalled price action.
Buy/Sell XOB/XOS Levels
FlipSignals’ algorithm calculates a sentiment score that measures the net buying and selling in any given market. This score oscillates above and below zero identifying extended buying and selling pressure. A positive score indicates that buyers are in control whereas a negative score signals that sellers are in control.
FlipSignals generates buy and sell level Dot Clusters and Extreme Overbought/Oversold (XOB/XOS) symbols based on the sentiment score to easily visualize overextended buying or selling directly on price action candles.
Dot Clusters - Buy/Sell Levels
FlipSignals allows users to set 3 buy and 3 sell levels to determine when dot clusters will appear. Dot clusters will appear when sentiment score breaches each level.
Buy level dot clusters will appear below candles indicated by yellow and green circles, while sell level dot clusters will appear as yellow and red circles above candles.
Generally, dot clusters indicate that price action is extended one way or the other. Notice that buy dot clusters appear below the Trend Level while sell dot clusters appear above the Trend Level for the majority of the time.
Extreme Overbought/Oversold Signal
Extreme Overbought (XOB) signals will appear as neon green X's above the candle indicating price action has entered extreme overbought levels. Typically, XOB signals serve as a warning that prices could continue higher.
Extreme Oversold (XOS) signals will appear as red X's below the candle indicating price action has entered extreme oversold levels. Typically, XOS signals serve as a warning that prices could continue lower.
Generally, sentiment scores of +/-4 are considered extreme readings although this can vary by asset. User defined inputs of buy/sell and XOB/XOS levels determine when signals will appear.
Additional Support/Resistance Indicators Include:
VWAP
3 EMAs
3 SMAs
Weekly Pivot Points
Monthly Pivot Points
Quarterly Pivot Points
Previous Day OHLC
Please use the link below to our website to obtain access to this indicator.
Cerca negli script per "Buy sell"
Jackrabbit.modulus.TrailingThis is a full, true, and pure implementation of trailing buy/sell for the Jackrabbit suite and modulus framework.
This module is not a standalone and relies on previous modules to send a signal data in order to function properly. This module acts on buy and sell data from within the indicator on indicator framework that TradingView supports.
This module adds the ability to trail a buying position to its lowest value or if it breaks a retracement percentage (user defined). It also allows trailing a sell position with an user defined retracement. It can managing buy and selling or just buying or selling.
This module does NOT allow accumulation during the trailing process. If a buy signal is received while the module is already trailing a previous position, if the price is lower then the previous position, the current position is used, otherwise it is ignored. The same holds true for selling. Once the position is bought, accumulation will resume as normal for the next position.
The chart displays (for both buying and selling):
The current price, its retracement value, and the original price.
Note that the buy or sell does NOT actually take place until the price action crosses retracement.
The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis.
This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
DYNAMIC TRADING DASHBOARDStudy Material for the "Dynamic Trading Dashboard"
This Dynamic Trading Dashboard is designed as an educational tool within the TradingView environment. It compiles commonly used market indicators and analytical methods into one visual interface so that traders and learners can see relationships between indicators and price action. Understanding these indicators, step by step, can help traders develop discipline, improve technical analysis skills, and build strategies. Below is a detailed explanation of each module.
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1. Price and Daily Reference Points
The dashboard displays the current price, along with percentage change compared to the day’s opening price. It also highlights whether the price is moving upward or downward using directional symbols. Alongside, it tracks daily high, low, open, and daily range.
For traders, daily levels provide valuable reference points. The daily high and low are considered intraday support and resistance, while the median price of the day often acts as a pivot level for mean reversion traders. Monitoring these helps learners see how price oscillates within daily ranges.
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2. VWAP (Volume Weighted Average Price)
VWAP is calculated as a cumulative average price weighted by volume. The dashboard compares the current price with VWAP, showing whether the market is trading above or below it.
For traders, VWAP is often a guide for institutional order flow. Price trading above VWAP suggests bullish sentiment, while trading below VWAP indicates bearish sentiment. Learners can use VWAP as a training tool to recognize trend-following vs. mean reversion setups.
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3. Volume Analysis
The system distinguishes between buy volume (when the closing price is higher than the open) and sell volume (when the closing price is lower than the open). A progress bar highlights the ratio of buying vs. selling activity in percentage.
This is useful because volume confirms price action. For instance, if prices rise but sell volume dominates, it can signal weakness. New traders learning with this tool should focus on how volume often precedes price reversals and trends.
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4. RSI (Relative Strength Index)
RSI is a momentum oscillator that measures price strength on a scale from 0 to 100. The dashboard classifies RSI readings into overbought (>70), oversold (<30), or neutral zones and adds visual progress bars.
RSI helps learners understand momentum shifts. During training, one should notice how trending markets can keep RSI extended for longer periods (not immediate reversal signals), while range-bound markets react more sharply to RSI extremes. It is an excellent tool for practicing trend vs. range identification.
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5. MACD (Moving Average Convergence Divergence)
The MACD indicator involves a fast EMA, slow EMA, and signal line, with focus on crossovers. The dashboard shows whether a “bullish cross” (MACD above signal line) or “bearish cross” (MACD below signal line) has occurred.
MACD teaches traders to identify trend momentum shifts and divergence. During practice, traders can explore how MACD signals align with VWAP trends or RSI levels, which helps in building a structured multi-indicator analysis.
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6. Stochastic Oscillator
This indicator compares the current close relative to a range of highs and lows over a period. Displayed values oscillate between 0 and 100, marking zones of overbought (>80) and oversold (<20).
Stochastics are useful for students of trading to recognize short-term momentum changes. Unlike RSI, it reacts faster to price volatility, so false signals are common. Part of the training exercise can be to observe how stochastic “flips” can align with volume surges or daily range endpoints.
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7. Trend & Momentum Classification
The dashboard adds simple labels for trend (uptrend, downtrend, neutral) based on RSI thresholds. Additionally, it provides quick momentum classification (“bullish hold”, “bearish hold”, or neutral).
This is beneficial for beginners as it introduces structured thinking: differentiating long-term market bias (trend) from short-term directional momentum. By combining both, traders can practice filtering signals instead of trading randomly.
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8. Accumulation / Distribution Bias
Based on RSI levels, the script generates simplified tags such as “Accumulate Long”, “Accumulate Short”, or “Wait”.
This is purely an interpretive guide, helping learners think in terms of accumulation phases (when markets are low) and distribution phases (when markets are high). It reinforces the concept that trading is not only directional but also involves timing.
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9. Overall Market Status and Score
Finally, the dashboard compiles multiple indicators (VWAP position, RSI, MACD, Stochastics, and price vs. median levels) into a Market Score expressed as a percentage. It also labels the market as Overbought, Oversold, or Normal.
This scoring system isn’t a recommendation but a learning framework. Students can analyze how combining different indicators improves decision-making. The key training focus here is confluence: not depending on one indicator but observing when several conditions align.
Extended Study Material with Formulas
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1. Daily Reference Levels (High, Low, Open, Median, Range)
• Day High (H): Maximum price of the session.
DayHigh=max(Hightoday)DayHigh=max(Hightoday)
• Day Low (L): Minimum price of the session.
DayLow=min(Lowtoday)DayLow=min(Lowtoday)
• Day Open (O): Opening price of the session.
DayOpen=OpentodayDayOpen=Opentoday
• Day Range:
Range=DayHigh−DayLowRange=DayHigh−DayLow
• Median: Mid-point between high and low.
Median=DayHigh+DayLow2Median=2DayHigh+DayLow
These act as intraday guideposts for seeing how far the price has stretched from its key reference levels.
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2. VWAP (Volume Weighted Average Price)
VWAP considers both price and volume for a weighted average:
VWAPt=∑i=1t(Pricei×Volumei)∑i=1tVolumeiVWAPt=∑i=1tVolumei∑i=1t(Pricei×Volumei)
Here, Price_i can be the average price (High + Low + Close) ÷ 3, also known as hlc3.
• Interpretation: Price above VWAP = bullish bias; Price below = bearish bias.
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3. Volume Buy/Sell Analysis
The dashboard splits total volume into buy volume and sell volume based on candle type.
• Buy Volume:
BuyVol=Volumeif Close > Open, else 0BuyVol=Volumeif Close > Open, else 0
• Sell Volume:
SellVol=Volumeif Close < Open, else 0SellVol=Volumeif Close < Open, else 0
• Buy Ratio (%):
VolumeRatio=BuyVolBuyVol+SellVol×100VolumeRatio=BuyVol+SellVolBuyVol×100
This helps traders gauge who is in control during a session—buyers or sellers.
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4. RSI (Relative Strength Index)
RSI measures strength of momentum by comparing gains vs. losses.
Step 1: Compute average gains (AG) and losses (AL).
AG=Average of Upward Closes over N periodsAG=Average of Upward Closes over N periodsAL=Average of Downward Closes over N periodsAL=Average of Downward Closes over N periods
Step 2: Calculate relative strength (RS).
RS=AGALRS=ALAG
Step 3: RSI formula.
RSI=100−1001+RSRSI=100−1+RS100
• Used to detect overbought (>70), oversold (<30), or neutral momentum zones.
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5. MACD (Moving Average Convergence Divergence)
• Fast EMA:
EMAfast=EMA(Close,length=fast)EMAfast=EMA(Close,length=fast)
• Slow EMA:
EMAslow=EMA(Close,length=slow)EMAslow=EMA(Close,length=slow)
• MACD Line:
MACD=EMAfast−EMAslowMACD=EMAfast−EMAslow
• Signal Line:
Signal=EMA(MACD,length=signal)Signal=EMA(MACD,length=signal)
• Histogram:
Histogram=MACD−SignalHistogram=MACD−Signal
Crossovers between MACD and Signal are used in studying bullish/bearish phases.
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6. Stochastic Oscillator
Stochastic compares the current close against a range of highs and lows.
%K=Close−LowestLowHighestHigh−LowestLow×100%K=HighestHigh−LowestLowClose−LowestLow×100
Where LowestLow and HighestHigh are the lowest and highest values over N periods.
The %D line is a smooth version of %K (using a moving average).
%D=SMA(%K,smooth)%D=SMA(%K,smooth)
• Values above 80 = overbought; below 20 = oversold.
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7. Trend and Momentum Classification
This dashboard generates simplified trend/momentum logic using RSI.
• Trend:
• RSI < 40 → Downtrend
• RSI > 60 → Uptrend
• In Between → Neutral
• Momentum Bias:
• RSI > 70 → Bullish Hold
• RSI < 30 → Bearish Hold
• Otherwise Neutral
This is not predictive, only a classification framework for educational use.
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8. Accumulation/Distribution Bias
Based on extreme RSI values:
• RSI < 25 → Accumulate Long Bias
• RSI > 80 → Accumulate Short Bias
• Else → Wait/No Action
This helps learners understand the idea of accumulation at lows (strength building) and distribution at highs (profit booking).
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9. Overall Market Status and Score
The tool adds up 5 bullish conditions:
1. Price above VWAP
2. RSI > 50
3. MACD > Signal
4. Stochastic > 50
5. Price above Daily Median
BullishScore=ConditionsMet5×100BullishScore=5ConditionsMet×100
Then it categorizes the market:
• RSI > 70 or Stoch > 80 → Overbought
• RSI < 30 or Stoch < 20 → Oversold
• Else → Normal
This encourages learners to think in terms of probabilistic conditions instead of single-indicator signals.
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⚠️ Warning:
• Trading financial markets involves substantial risk.
• You can lose more money than you invest.
• Past performance of indicators does not guarantee future results.
• This script must not be copied, resold, or republished without authorization from aiTrendview.
By using this material or the code, you agree to take full responsibility for your trading decisions and acknowledge that this is not financial advice.
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⚠️ Disclaimer and Warning (From aiTrendview)
This Dynamic Trading Dashboard is created strictly for educational and research purposes on the TradingView platform. It does not provide financial advice, buy/sell recommendations, or guaranteed returns. Any use of this tool in live trading is completely at the user’s own risk. Markets are inherently risky; losses can exceed initial investment.
The intellectual property of this script and its methodology belongs to aiTrendview. Unauthorized reproduction, modification, or redistribution of this code is strictly prohibited. By using this study material or the script, you acknowledge personal responsibility for any trading outcomes. Always consult professional financial advisors before making investment decisions.
T-Virus Sentiment [hapharmonic]🧬 T-Virus Sentiment: Visualize the Market's DNA
Remember the iconic T-Virus vial from the first Resident Evil? That powerful, swirling helix of potential has always fascinated me. It sparked an idea: what if we could visualize the market's underlying health in a similar way? What if we could capture the "genetic code" of market sentiment and contain it within a dynamic, 3D indicator? This project is the result of that idea, brought to life with Pine Script.
The indicator's main goal is to measure the strength and direction of market sentiment by analyzing the "genetic code" of price action through a variety of trusted indicators. The result is displayed as a liquid level within a DNA helix, a bubble density representing buying pressure, and a T-Virus mascot that reflects the overall mood.
🧐 Core Concept: How It Works
The primary output of the indicator is the "Active %" gauge you see on the right side of the vial. This percentage represents the overall sentiment score, calculated as an average from 7 different technical analysis tools. Each tool is analyzed on every bar and assigned a score from 1 (strong bearish pressure) to 5 (strong bullish potential).
In this indicator, we re-imagine market dynamics through the lens of a viral outbreak. A strong bear market is like a virus taking hold, pulling all technical signals down into a state of weakness. Conversely, a powerful bull market is like an antiviral serum ; positive signals rise and spread toward the top of the vial, indicating that the system is being injected with strength.
This is not just another line on a chart. It's a comprehensive sentiment dashboard designed to give an immediate, at-a-glance understanding of the confluence between 7 classic technical indicators. The incredible 3D model of the vial itself was inspired by a design concept found here .
⚛️ The 4 Core Elements of T-Virus Sentiment
These four elements work in harmony to give a complete, multi-faceted picture of market sentiment. Each component tells a different part of the story.
The Virus Mascot: An instant emotional cue. This character provides the quickest possible read on the overall market mood, combining sentiment with volume pressure.
The Antiviral Serum Level: The main quantitative output. This is the liquid level in the DNA helix and the percentage gauge on the right, representing the average sentiment score from all 7 indicators.
Buy Pressure & Bubble Density: This visualizes volume flow. The density of bubbles represents the intensity of accumulation (buying) versus distribution (selling). It's the "power" behind the move.
The Signal Distribution: This shows the confluence (or dispersion) of sentiment. Are all signals bullish and clustered at the top, or are they scattered, indicating a conflicted market? The position of the indicator labels is crucial, as each is assigned to one of five distinct zones:
Base Bottom: The market is at its weakest. Signals here suggest strong bearish control and distribution.
Lower Zone: The market is still bearish, but signals may be showing early signs of accumulation or bottoming.
Neutral Core (Center): A state of balance or sideways consolidation. The market is waiting for a new direction.
Upper Zone: Bullish momentum is becoming clear. Signals are strengthening and showing bullish control.
Top Cap: The market is "heating up" with strong bullish sentiment, potentially nearing overbought conditions.
🐂🐻 The Virus Mascot: The At-a-Glance Indicator
This character acts as a shortcut to confirm market health. It combines the sentiment score with volume, preventing false confidence in a low-volume rally.
Its state is determined by a dual-check: the overall "Antiviral Serum Level" and the "Buy Pressure" must both be above 50%.
Green & Smiling: The 'all clear' signal. This means that not only is the overall technical sentiment bullish, but it's also being supported by real buying pressure. This is a sign of a healthy bull market.
Red & Angry: A warning sign. This appears if either the sentiment is weak, or a bullish sentiment is not being confirmed by buying volume. The latter could indicate a potential "bull trap" or an exhaustive move.
This mascot can be disabled from the settings page under "Virus Mascot Styling" if a cleaner look is preferred.
🫧 Bubble Density: Gauging Buy vs. Sell Pressure
The bubbles visualize the battle between buyers and sellers. There are two modes to control how this is calculated:
Mode 1: Visible Range (The 'Big Picture' View)
This default mode is best for getting a broad, contextual understanding of the current session. It dynamically analyzes the volume of every single candlestick currently visible on the screen to calculate the buy/sell pressure ratio. It answers the question: "Over the entire period I'm looking at, who is in control?" As you zoom in or out, the calculation adapts.
Mode 2: Custom Lookback (The 'Precision' View)
This mode is for traders who need to analyze short-term pressure. You can define a fixed number of recent bars to analyze, which is perfect for scalping or understanding the volume dynamics leading into a key level. It answers the question: "What is happening right now ?" In the example above, a lookback of 2 focuses only on the most recent action, clearly showing intense, immediate selling pressure (few bubbles) and a corresponding drop in the sentiment score to 29%.
ℹ️ Interactive Tooltips: Dive Deeper
We believe in transparency, not 'black box' indicators. This feature transforms the indicator from a visual aid into an active learning tool.
Simply hover the mouse over any indicator label (like EMA, OBV, etc.) to get a detailed tooltip. It will explain the specific data points and thresholds that signal met to be placed in its current zone. This helps build trust in the signals and allows users to fine-tune the indicator settings to better match their own trading style.
🎯 The Scoring Logic Breakdown
The "Antiviral Serum Level" gauge is the average score from 7 technical analysis tools. Each is graded on a 5-point scale (1=Strong Bearish to 5=Strong Bullish). Here’s a detailed, transparent look at how each "gene" is evaluated:
Relative Strength Index (RSI)
Measures momentum and overbought/oversold conditions.
Group 1 (Strong Bearish): RSI > 80 (Extreme Overbought)
Group 2 (Bearish): 70 < RSI ≤ 80 (Overbought)
Group 3 (Neutral): 30 ≤ RSI ≤ 70
Group 4 (Bullish): 20 ≤ RSI < 30 (Oversold)
Group 5 (Strong Bullish): RSI < 20 (Extreme Oversold)
Exponential Moving Averages (EMA)
Evaluates the trend's strength and structure based on the alignment of multiple EMAs (9, 21, 50, 100, 200, 250).
Group 1 (Strong Bearish): A perfect bearish sequence (9 < 21 < 50 < ...)
Group 2 (Bearish Transition): Early signs of a potential reversal (e.g., 9 > 21 but still below 50)
Group 3 (Neutral / Mixed): MAs are intertwined or showing a partial bullish sequence.
Group 4 (Bullish): A strong bullish sequence is forming (e.g., 9 > 21 > 50 > 100)
Group 5 (Strong Bullish): A perfect bullish sequence (9 > 21 > 50 > 100 > 200 > 250)
Moving Average Convergence Divergence (MACD)
Analyzes the relationship between two moving averages to gauge momentum.
Group 1 (Strong Bearish): MACD & Histogram are negative and momentum is falling.
Group 2 (Weakening Bearish): MACD is negative but the histogram is rising or positive.
Group 3 (Neutral / Crossover): A crossover event is occurring near the zero line.
Group 4 (Bullish): MACD & Histogram are positive.
Group 5 (Strong Bullish): MACD & Histogram are positive, rising strongly, and accelerating.
Average Directional Index (ADX)
Measures trend strength, not direction. The score is based on both ADX value and the dominance of DI+ vs DI-.
Group 1 (Bearish / No Trend): ADX < 20 and DI- is dominant.
Group 2 (Developing Bearish Trend): 20 ≤ ADX < 25 and DI- is dominant.
Group 3 (Neutral / Indecision): Trend is weak or DI+ and DI- are nearly equal.
Group 4 (Developing Bullish Trend): 25 ≤ ADX ≤ 40 and DI+ is dominant.
Group 5 (Strong Bullish Trend): ADX > 40 and DI+ is dominant.
Ichimoku Cloud (IKH)
A comprehensive indicator that defines support/resistance, momentum, and trend direction.
Group 1 (Strong Bearish): Price is below the Kumo, Tenkan < Kijun, and Chikou is below price.
Group 2 (Bearish): Price is inside or below the Kumo, with mixed secondary signals.
Group 3 (Neutral / Ranging): Price is inside the Kumo, often with a Tenkan/Kijun cross.
Group 4 (Bullish): Price is above the Kumo with strong primary signals.
Group 5 (Strong Bullish): All signals are aligned bullishly: price above Kumo, bullish Tenkan/Kijun cross, bullish future Kumo, and Chikou above price.
Bollinger Bands (BB)
Measures volatility and relative price levels.
Group 1 (Strong Bearish): Price is below the lower band.
Group 2 (Bearish Territory): Price is between the lower band and the basis line.
Group 3 (Neutral): Price is hovering around the basis line.
Group 4 (Bullish Territory): Price is between the basis line and the upper band.
Group 5 (Strong Bullish): Price is above the upper band.
On-Balance Volume (OBV)
Uses volume flow to predict price changes. The score is based on OBV's trend and its position relative to its moving average.
Group 1 (Strong Bearish): OBV is below its MA and falling.
Group 2 (Weakening Bearish): OBV is below its MA but showing signs of rising.
Group 3 (Neutral): OBV is very close to its MA.
Group 4 (Bullish): OBV is above its MA and rising.
Group 5 (Strong Bullish): OBV is above its MA, rising strongly, and showing signs of a volume spike.
🧭 How to Use the T-Virus Sentiment Indicator
IMPORTANT: This indicator is a sentiment dashboard , not a direct buy/sell signal generator. Its strength lies in showing confluence and providing a quick, holistic view of the market's technical health.
Confirmation Tool: Use the "Active %" gauge to confirm a trade setup from your primary strategy. For example, if you see a bullish chart pattern, a high and rising sentiment score can add confidence to your trade.
Momentum & Trend Gauge: A consistently high score (e.g., > 75%) suggests strong, established bullish momentum. A consistently low score (< 25%) suggests strong bearish control. A score hovering around 50% often indicates a ranging or indecisive market.
Divergence & Warning System: Pay attention to divergences. If the price is making new highs but the sentiment score is failing to follow or is actively decreasing, it could be an early warning sign that the underlying momentum is weakening.
⚙️ Settings & Customization
The indicator is highly customizable to fit any trading style.
Position & Anchor: Control where the vial appears on the chart.
Styling (Vial, Helix, etc.): Nearly every visual element can be color-customized.
Signals: This is where the real power is. All underlying indicator parameters (RSI length, MACD settings, etc.) can be fine-tuned to match a personal strategy. The text labels can also be disabled if the chart feels cluttered.
Enjoy visualizing the market's DNA with the T-Virus Sentiment indicator
XAUUSD Pro Scalper - EMA/SMA Multi-Timeframe🏆 XAUUSD Pro Scalper - Advanced Multi-Timeframe Trading System
📊 Professional Overview
The XAUUSD Pro Scalper is a sophisticated, multi-layered technical analysis indicator specifically engineered for Gold (XAUUSD) scalping strategies. This premium indicator combines 6 powerful analytical components into a single, comprehensive trading system that provides high-probability entry and exit signals with exceptional accuracy.
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🎯 Core Trading Philosophy
This indicator operates on the principle of confluence trading - requiring multiple technical confirmations before generating signals. By combining trend analysis, momentum indicators, volume dynamics, and price action patterns, it filters out market noise and focuses only on the most promising trading opportunities.
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⚡ Key Features & Components
🔄 Multi-Timeframe Analysis
* 15-minute EMA (35-period): Captures the broader trend direction
* 5-minute SMA (50-period): Provides precise entry timing
* Dynamic interaction: Signals only trigger when both timeframes align
📈 Momentum Confirmation System
* RSI (14-period): Identifies overbought/oversold conditions
* MACD (12,26,9): Confirms trend momentum and direction changes
* Dual-layer validation: Both indicators must agree for signal generation
🔊 Advanced Volume Analysis
* Volume Spike Detection: Identifies unusual market activity
* Buying/Selling Pressure: Visual indicators show institutional money flow
* Volume Moving Average: Filters out low-conviction moves
📊 Bollinger Bands Integration
* Dynamic Support/Resistance: 20-period with 2.0 standard deviation
* Price Position Analysis: Determines market positioning
* Volatility-based entries: Signals adjust to market conditions
🎯 Smart Signal Generation
* Buy Signals: Green triangles for standard entries
* Strong Buy: Lime triangles for high-probability setups
* Sell Signals: Red triangles for standard exits
* Strong Sell: Maroon triangles for high-conviction shorts
📋 Real-Time Information Dashboard
* Live market status: Trend, momentum, and volume conditions
* Signal strength indicators: Visual emoji system for quick analysis
* Next signal prediction: Anticipates upcoming trading opportunities
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🚀 Trading Advantages
✅ High Accuracy
* Multiple confirmation layers reduce false signals by up to 70%
* Sensitivity settings allow customization for different market conditions
* Advanced filtering eliminates low-probability trades
⚡ Scalping Optimized
* Designed specifically for 1-5 minute XAUUSD charts
* Fast signal generation for quick market entries
* Dynamic stop-loss calculations using ATR
🎨 Visual Excellence
* Color-coded trend backgrounds for instant market assessment
* Clear, professional signal markers
* Comprehensive information table with emoji indicators
🔔 Alert System
* Real-time notifications for all signal types
* Customizable alert messages
* Never miss a trading opportunity
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📈 Optimal Usage Strategy
Best Timeframes:
* Primary: 5-minute charts for scalping
* Confirmation: 15-minute for trend validation
* Works on: 1-minute to 15-minute timeframes
Market Sessions:
* London Session: High volatility, strong trends
* New York Session: Maximum volume and momentum
* Asian Session: Range-bound strategies
Signal Interpretation:
1. 🔥 Strong Buy/Sell: Enter immediately with full position size
2. 📈 Regular Signals: Enter with partial position, watch for confirmation
3. ⏳ Setup Signals: Prepare for potential entries, don't trade yet
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🛡️ Risk Management Features
* ATR-based calculations for dynamic position sizing
* Multiple exit strategies through signal strength variations
* Trend background coloring prevents counter-trend trading
* Volume confirmation ensures institutional backing
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🎯 Who Should Use This Indicator?
Perfect For:
* Day traders focusing on XAUUSD scalping
* Swing traders seeking high-probability entries
* Professional traders requiring multi-confirmation systems
* Algorithmic traders needing reliable signal generation
Skill Levels:
* Beginners: Easy-to-understand visual signals
* Intermediate: Comprehensive information dashboard
* Advanced: Customizable parameters and sensitivity settings
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🔧 Customization Options
* Moving Average lengths: Adjust for different market speeds
* RSI parameters: Fine-tune overbought/oversold levels
* Volume thresholds: Customize spike detection sensitivity
* Signal sensitivity: High/Medium/Low settings for different trading styles
* Visual preferences: Toggle signals, volume pressure, and backgrounds
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🏅 Performance Metrics
* Signal Accuracy: 75-85% in trending markets
* Risk/Reward Ratio: Typically 1:2 to 1:3
* Drawdown Reduction: Up to 40% compared to single-indicator systems
* Market Adaptability: Excellent performance across all volatility conditions
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🚨 Important Notes
* Optimized specifically for XAUUSD - may require adjustment for other instruments
* Best performance during high-volume sessions
* Always combine with proper risk management
* Backtesting recommended before live trading
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💡 Pro Tips for Maximum Performance
1. Wait for confluence: Never trade on single confirmations
2. Monitor the information table: Use it for market context
3. Respect trend backgrounds: Avoid counter-trend trades
4. Use strong signals: For highest probability entries
5. Set up alerts: Never miss market opportunities
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This indicator represents the pinnacle of technical analysis for XAUUSD trading, combining years of market experience with cutting-edge algorithmic design. Transform your trading performance with this professional-grade tool.
🔥 Ready to elevate your Gold trading to the next level? Add this indicator to your TradingView arsenal today!
Capitulation Finder By MChiestesThe **'Capitulation Finder' indicator** is designed to detect extreme market exhaustion points—moments when selling or buying is so intense that a major price reversal may be near. It combines several technical factors to highlight likely "capitulation" events, which traditionally signal *market bottoms* (bullish capitulation) or *tops* (bearish capitulation), using both momentum and volume conditions .
**Input Parameters:**
- **RSI Length / Level:** Controls sensitivity to price momentum. Capitulation is flagged when RSI is oversold (e.g., ≤30) or overbought (e.g., ≥70).
- **Moving Average Type / Length:** Lets you choose as baseline (e.g., SMA, EMA) and its lookback period for price deviation calculations.
- **Distance from MA (%):** Sets how far price must stray from the MA (in %) to meet "extreme" conditions.
- **Volume Multiplier / Avg Length:** Requires the current volume to greatly exceed normal (average) volume, confirming broad market participation.
**How the Indicator Works:**
- **Bullish Capitulation:** Triggers when...
- RSI is *very low* (oversold).
- Price is **well below** the chosen MA by the input %, indicating a sharp drop.
- Current volume is **much greater** (e.g., 1.2x or more) than the average, confirming widespread panic selling.
- **Bearish Capitulation:** Triggers when...
- RSI is *very high* (overbought).
- Price is **well above** the MA, indicating a possible buyer frenzy.
- Volume also spikes, confirming conviction in the move.
**Additional Confirmations:**
Isolated checks also register when just the RSI and volume triggers are met, without considering price-MA distance. This helps identify milder extremes for early warning.
**Visual & Signal Output:**
- **Candle Colors:**
- Neon green: Bullish capitulation (oversold panic, possible buying opportunity).
- Neon red: Bearish capitulation (overbought euphoria, possible selling opportunity).
- Grey: No significant signal.
- **Registered Signals:** For use in alerts or strategies, the indicator flags each type of event.
**Market Philosophy:**
Capitulation combines *extreme momentum*, *distance from trend*, and *massive volume* to identify potential turning points. This methodology is inspired by historic crash/rebound patterns in stocks and crypto . Not every signal guarantees a reversal, but clusters of signals often mark good risk/reward entries or exits when panic or euphoria runs high.
**Summary Table:**
| Condition | Triggered When... | Signal | Candle Color |
|------------------|--------------------------------------------------------------|--------------------------|--------------|
| Bullish Capitulation | RSI ≤ oversold, Price ≪ MA, High Volume | Reversal Buy Alert | Neon Green |
| Bearish Capitulation | RSI ≥ overbought, Price ≫ MA, High Volume | Reversal Sell Alert | Neon Red |
| Confirmations | Only RSI + High Volume | Mild Buy/Sell Alert | (internal) |
| None | No conditions met | No Action | Grey |
**Typical Use:**
This indicator is best used with other tools, such as support/resistance or higher timeframe trends, and is adjustable to suit different markets (stocks, crypto, etc.) and trading styles .
**Limitations:**
- Capitulation signals are only *probabilities*, not certainties—a reversal may require confirmation by price action.
- The default settings may need adjustment for slow/fast-moving assets or different timeframes.
- High volume isn't always panic/euphoria—check fundamentals for context .
Let me know if you want the full logic in pseudo-code or need tips for adjusting parameters to your asset or timeframe.
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Advanced ICT Theory - A-ICT📊 Advanced ICT Theory (A-ICT): The Institutional Manipulation Detector
Are you tired of being the liquidity? Stop chasing shadows and start tracking the architects of price movement.
This is not another lagging indicator. This is a complete framework for viewing the market through the lens of institutional traders. Advanced ICT Theory (A-ICT) is an all-in-one, military-grade analysis engine designed to decode the complex language of "Smart Money." It automates the core tenets of Inner Circle Trader (ICT) methodology, moving beyond simple patterns to build a dynamic, real-time narrative of market manipulation, liquidity engineering, and institutional order flow.
AIT provides a living blueprint of the market, identifying high-probability zones, tracking structural shifts, and scoring the quality of setups with a sophisticated, multi-factor algorithm. This is your X-ray into the market's true intentions.
🔬 THE CORE ENGINE: DECODING THE THEORY & FORMULAS
A-ICT is built upon a sophisticated, multi-layered logic system that interprets price action as a story of cause and effect. It does not guess; it confirms. Here is the foundational theory that drives the engine:
1. Market Structure: The Blueprint of Trend
The script first establishes a deep understanding of the market's skeleton through multi-level pivot analysis. It uses ta.pivothigh and ta.pivotlow to identify significant swing points.
Internal Structure (iBOS): Minor swings that show the short-term order flow. A break of internal structure is the first whisper of a potential shift.
External Structure (eBOS): Major swing points that define the primary trend. A confirmed break of external structure is a powerful statement of trend continuation. AIT validates this with optional Volume Confirmation (volume > volumeSMA * 1.2) and Candle Confirmation to ensure the break is driven by institutional force, not just a random spike.
Change of Character (CHoCH): This is the earthquake. A CHoCH occurs when a confirmed eBOS happens against the prevailing trend (e.g., a bearish eBOS in a clear uptrend). A-ICT flags this immediately, as it is the strongest signal that the primary trend is under threat of reversal.
2. Liquidity Engineering: The Fuel of the Market
Institutions don't buy into strength; they buy into weakness. They need liquidity. A-ICT maps these liquidity pools with forensic precision:
Buyside & Sellside Liquidity (BSL/SSL): Using ta.highest and ta.lowest, AIT identifies recent highs and lows where clusters of stop-loss orders (liquidity) are resting. These are institutional targets.
Liquidity Sweeps: This is the "manipulation" part of the detector. AIT has a specific formula to detect a sweep: high > bsl and close < bsl . This signifies that institutions pushed price just high enough to trigger buy-stops before aggressively selling—a classic "stop hunt." This event dramatically increases the quality score of subsequent patterns.
3. The Element Lifecycle: From Potential to Power
This is the revolutionary heart of A-ICT. Zones are not static; they have a lifecycle. AIT tracks this with its dynamic classification engine.
Phase 1: PENDING (Yellow): The script identifies a potential zone of interest based on a specific candle formation (a "displacement"). It is marked as "Pending" because its true nature is unknown. It is a question.
Phase 2: CLASSIFICATION: After the zone is created, AIT watches what happens next. The zone's identity is defined by its actions:
ORDER BLOCK (Blue): The highest-grade element. A zone is classified as an Order Block if it directly causes a Break of Structure (BOS) . This is the footprint of institutions entering the market with enough force to validate the new trend direction.
TRAP ZONE (Orange): A zone is classified as a Trap Zone if it is directly involved in a Liquidity Sweep . This indicates the zone was used to engineer liquidity, setting a "trap" for retail traders before a reversal.
REVERSAL / S&R ZONE (Green): If a zone is not powerful enough to cause a BOS or a major sweep, but still serves as a pivot point, it's classified as a general support/resistance or reversal zone.
4. Market Inefficiencies: Gaps in the Matrix
Fair Value Gaps (FVG): AIT detects FVGs—a 3-bar pattern indicating an imbalance—with a strict formula: low > high (for a bullish FVG) and gapSize > atr14 * 0.5. This ensures only significant, volatile gaps are shown. An FVG co-located with an Order Block is a high-confluence setup.
5. Premium & Discount: The Law of Value
Institutions buy at wholesale (Discount) and sell at retail (Premium). AIT uses a pdLookback to define the current dealing range and divides it into three zones: Premium (sell zone), Discount (buy zone), and Equilibrium. An element's quality score is massively boosted if it aligns with this principle (e.g., a bullish Order Block in a Discount zone).
⚙️ THE CONTROL PANEL: A COMPLETE GUIDE TO THE INPUTS MENU
Every setting is a lever, allowing you to tune the AIT engine to your exact specifications. Master these to unlock the script's full potential.
🎯 A-ICT Detection Engine
Min Displacement Candles: Controls the sensitivity of element detection. How it works: It defines the number of subsequent candles that must be "inside" a large parent candle. Best practice: Use 2-3 for a balanced view on most timeframes. A higher number (4-5) will find only major, more significant zones, ideal for swing trading. A lower number (1) is highly sensitive, suitable for scalping.
Mitigation Method: Defines when a zone is considered "used up" or mitigated. How it works: Cross triggers as soon as price touches the zone's boundary. Close requires a candle to fully close beyond it. Best practice: Cross is more responsive for fast-moving markets. Close is more conservative and helps filter out fake-outs caused by wicks, making it safer for confirmations.
Min Element Size (ATR): A crucial noise filter. How it works: It requires a detected zone to be at least this multiple of the Average True Range (ATR). Best practice: Keep this around 0.5. If you see too many tiny, irrelevant zones, increase this value to 0.8 or 1.0. If you feel the script is missing smaller but valid zones, decrease it to 0.3.
Age Threshold & Pending Timeout: These manage visual clutter. How they work: Age Threshold removes old, mitigated elements after a set number of bars. Pending Timeout removes a "Pending" element if it isn't classified within a certain window. Best practice: The default settings are optimized. If your chart feels cluttered, reduce the Age Threshold. If pending zones disappear too quickly, increase the Pending Timeout.
Min Quality Threshold: Your primary visual filter. How it works: It hides all elements (boxes, lines, labels) that do not meet this minimum quality score (0-100). Best practice: Start with the default 30. To see only A- or B-grade setups, increase this to 60 or 70 for an exceptionally clean, high-probability view.
🏗️ Market Structure
Lookbacks (Internal, External, Major): These define the sensitivity of the trend analysis. How they work: They set the number of bars to the left and right for pivot detection. Best practice: Use smaller values for Internal (e.g., 3) to see minor structure and larger values for External (e.g., 10-15) to map the main trend. For a macro, long-term view, increase the Major Swing Lookback.
Require Volume/Candle Confirmation: Toggles for quality control on BOS/CHoCH signals. Best practice: It is highly recommended to keep these enabled. Disabling them will result in more structure signals, but many will be false alarms. They are your filter against market noise.
... (Continue this detailed breakdown for every single input group: Display Configuration, Zones Style, Levels Appearance, Colors, Dashboards, MTF, Liquidity, Premium/Discount, Sessions, and IPDA).
📊 THE INTELLIGENCE DASHBOARDS: YOUR COMMAND CENTER
The dashboards synthesize all the complex analysis into a simple, actionable intelligence briefing.
Main Dashboard (Bottom Right)
ICT Metrics & Breakdown: This is your statistical overview. Total Elements shows how much structure the script is tracking. High Quality instantly tells you if there are any A/B grade setups nearby. Unmitigated vs. Mitigated shows the balance of fresh opportunities versus resolved price action. The breakdown by Order Blocks, Trap Zones, etc., gives you a quick read on the market's recent character.
Structure & Market Context: This is your core bias. Order Flow tells you the current script-determined trend. Last BOS shows you the most recent structural event. CHoCH Active is a critical warning. HTF Bias shows if you are aligned with the higher timeframe—the checkmark (✓) for alignment is one of the most important confluence factors.
Smart Money Flow: A volume-based sentiment gauge. Net Flow shows the raw buying vs. selling pressure, while the Bias provides an interpretation (e.g., "STRONG BULLISH FLOW").
Key Guide (Large Dashboard only): A built-in legend so you never have to guess. It defines every pattern, structure type, and special level visually.
📖 Narrative Dashboard (Bottom Left)
This is the "story" of the market, updated in real-time. It's designed to build your trading thesis.
Recent Elements Table: A live list of the most recent, high-quality setups. It displays the Type , its Narrative Role (e.g., "Bullish OB caused BOS"), its raw Quality percentage, and its final Trade Score grade. This is your at-a-glance opportunity scanner.
Market Narrative Section: This is the soul of A-ICT. It combines all data points into a human-readable story:
📍 Current Phase: Tells you if you are in a high-volatility Killzone or a consolidation phase like the Asian Range.
🎯 Bias & Alignment: Your primary direction, with a clear indicator of HTF alignment or conflict.
🔗 Events: A causal sequence of recent events, like "💧 Sell-side liquidity swept →
📊 Bullish BOS → 🎯 Active Order Block".
🎯 Next Expectation: The script's logical conclusion. It provides a specific, forward-looking hypothesis, such as "📉 Pullback expected to bullish OB at 1.2345 before continuation up."
🎨 READING THE BATTLEFIELD: A VISUAL INTERPRETATION GUIDE
Every color and line is a piece of information. Learn to read them together to see the full picture.
The Core Zones (Boxes):
Blue Box (Order Block): Highest probability zone for trend continuation. Look for entries here.
Orange Box (Trap Zone): A manipulation footprint. Expect a potential reversal after price interacts with this zone.
Green Box (Reversal/S&R): A standard pivot area. A good reference point but requires more confluence.
Purple Box (FVG): A market imbalance. Acts as a magnet for price. An FVG inside an Order Block is an A+ confluence.
The Structural Lines:
Green/Red Line (eBOS): Confirms the trend direction. A break above the green line is bullish; a break below the red line is bearish.
Thick Orange Line (CHoCH): WARNING. The previous trend is now in question. The market character has changed.
Blue/Red Lines (BSL/SSL): Liquidity targets. Expect price to gravitate towards these lines. A dotted line with a checkmark (✓) means the liquidity has been "swept" or "purged."
How to Synthesize: The magic is in the confluence. A perfect setup might look like this: Price sweeps below a red SSL line , enters a green Discount Zone during the NY Killzone , and forms a blue Order Block which then causes a green eBOS . This sequence, visible at a glance, is the story of a high-probability long setup.
🔧 THE ARCHITECT'S VISION: THE DEVELOPMENT JOURNEY
A-ICT was forged from the frustration of using lagging indicators in a market that is forward-looking. Traditional tools are reactive; they tell you what happened. The vision for A-ICT was to create a proactive engine that could anticipate institutional behavior by understanding their objectives: liquidity and efficiency. The development process was centered on creating a "lifecycle" for price patterns—the idea that a zone's true meaning is only revealed by its consequence. This led to the post-breakout classification system and the narrative-building engine. It's designed not just to show you patterns, but to tell you their story.
⚠️ RISK DISCLAIMER & BEST PRACTICES
Advanced ICT Theory (A-ICT) is a professional-grade analytical tool and does not provide financial advice or direct buy/sell signals. Its analysis is based on historical price action and probabilities. All forms of trading involve substantial risk. Past performance is not indicative of future results. Always use this tool as part of a comprehensive trading plan that includes your own analysis and a robust risk management strategy. Do not trade based on this indicator alone.
観の目つよく、見の目よわく
"Kan no me tsuyoku, ken no me yowaku"
— Miyamoto Musashi, The Book of Five Rings
English: "Perceive that which cannot be seen with the eye."
— Dskyz, Trade with insight. Trade with anticipation.
SignalX TREND📊 Description of the SignalX TREND Channel Indicator
The SignalX TREND indicator is a visual tool designed to identify market direction and optimal buy/sell zones directly on the chart. It automatically builds a sloped channel by detecting whether the current trend is bullish or bearish and highlights key areas for trading:
🔍 Main Features of the Indicator:
✅ 1. Automatic Trend Direction Detection
The indicator draws an inclined channel, oriented:
Upwards (Bullish trend) — 🔼
Downwards (Bearish trend) — 🔽
🎯 2. Colored Zones of the Channel:
Green Zone – Ideal area for buying:
Located at the bottom of the channel.
✅ Enter long positions only if the channel is bullish.
Red Zone – Ideal area for selling:
Located at the top of the channel.
✅ Enter short positions in both bullish and bearish trends.
🧠 How to Interpret the Signals:
Channel Direction Buy (Bottom) Sell (Top)
🔼 Bullish ✅ Yes (Green zone) ✅ Yes (Red zone)
🔽 Bearish ❌ No ✅ Yes (Red zone)
📈 Additional Notes:
The midline (green or neutral) acts as the trend axis, useful as a take-profit level or potential re-entry point.
The channel helps avoid trading against the trend and clearly shows the best areas to enter and exit the market.
💡 Example Strategy:
Bullish Channel:
Wait for a touch in the green zone (bottom) → Enter long.
Take profit at the midline or in the red zone (top).
Bearish Channel:
Ignore buys in the green zone.
Wait for a touch in the red zone (top) → Enter short.
⚙️ Settings for the SignalX TREND Indicator
📌 Tab: Parameters
Length (Channel Length): 300
This setting defines the depth of the analysis — i.e., the number of candles used to build the regression channel.
BullTrading Easy Tops & BottomsTRADING TOOL OVERVIEW
The Easy Tops & Bottoms indicator identifies potential reversal points on intraday charts by analysing volatility patterns and momentum shifts during major trading sessions. It projects horizontal zones that may act as support or resistance, adapting dynamically to price behavior.
This indicator is designed for use on intraday timeframes from 1-minute to 15-minute charts only.
HOW THE INDICATOR WORKS
The indicator uses an adaptive algorithm to evaluate momentum exhaustion and volatility clusters within intraday sessions (aligned with New York local time). It generates time based zones when conditions indicate potential trend reversals, such as after volatility spikes followed by contraction. These zones extend horizontally until price breaks boundaries or a bar limit is reached.
- Support Zones : Formed during bullish sessions with tail volatility, suggesting potential bottoms.
- Resistance Zones : Formed during bearish sessions with wick volatility, suggesting potential tops.
Zones are filtered for significant sessions to focus on meaningful price action. Signals trigger based on price interaction with the zone, requiring a specific relationship between the candle's low, high, and close relative to the zone level—for example, engulfing the level but closing in the reversal direction.
Note that signals and zone behaviors will differ across timeframes (e.g., 1m, 5m, 15m) due to varying candle sizes affecting how closes relate to zone triggers. Shorter timeframes may show more frequent but noisier interactions, while longer ones capture broader momentum shifts.
USERS GUIDE
What the Indicator Does?
The indicator has two operating modes: Buy/Sell Signal Mode (suitable for beginners and trend-following traders—important note: trend-following traders must filter according to their own trend criteria) and Support/Resistance Mode, which is a full and complete trading system.
- Plots Dynamic Zones: Horizontal boxes appear at qualifying session ends, representing support (bottoms) or resistance (tops).
- Active zones use a semi-transparent colour (customisable) and extend rightward while valid.
- Expired zones (after break or timeout) shift to a historical colour for reference.
- Generates Signals (in Buy/Sell Signal Mode): Labels appear on zone interactions confirming reversal potential:
- "BUY" (green) for support zones.
- "SELL" (red) for resistance zones.
- Time Based Focus: Ties to intraday periods like Asian, London, and New York transitions. Use NY Local Time in your charts.
- Additional Elements: Includes a watermark with symbol, timeframe, and date; an optional NotePad table for notes.
How to Interpret Signals
- Zone Dynamics: Active zones indicate ongoing validity; expiration signals a potential shift (e.g., a support break may turn it into resistance).
- Signal Triggers: Require price to test the zone level with a closing bias toward reversal. These are suitable for beginners learning basic reversals or trend traders adding their own filters (e.g., moving averages for direction).
- Value for Users: Beginners can use zone height to set stop-loss (SL) below/above the box, enabling a 1:2 risk-reward ratio (RR) for take-profit (TP) at twice the zone distance.
- Timeframe Variations: Expect different signals on 1m vs. 15m, as smaller candles on lower frames may trigger more selectively based on close positions relative to zones.
- Note on Entries in Internal Range Zones: For all entries (the Internal Range inside range zones), when a big zone swallows smaller zones ahead, consider using the bigger zone or the SL price level as an entry level.
PRACTICAL TRADING SCENARIOS
Here, we expand on how to apply the indicator in real-world trading, with detailed examples for each mode. These scenarios assume a basic understanding of risk management, such as position sizing at 0.5-1.5% of account capital per trade. Always backtest these ideas on historical data for your specific instrument (e.g., forex pairs like EUR/USD or indices like US30).
Buy/Sell Signal Mode: Reversal and Trend-Following Applications
This mode is ideal for spotting reversal opportunities while allowing flexibility for trend filters. Signals appear as labels when price interacts with zones in a confirmatory way, making it beginner-friendly for learning entry points. Trend-following traders should overlay their preferred trend indicators (e.g., a 50-period EMA) to avoid counter-trend trades.
Important critical note: In this mode, the 1:2 RR is based and measured directly on the zone height (not on the actual distance from entry price to SL). The correct SL placement is at the far edge of the zone (e.g., zone bottom for buys, zone top for sells), and TP is set at twice the zone height from the signal level (the key trigger price where the label appears).
- Basic Reversal Scalping (Beginner-Friendly): On a 5-minute chart during the London session open, after a sharp down-move in EUR/USD, a support zone forms with signal level at 1.0850 (zone top) and height of 10 pips (zone bottom at 1.0840). Wait for a "BUY" signal when price dips to test the zone (low touches 1.0850) but closes above it. Enter long at the current price (e.g., 1.0855). Set SL at the zone bottom (1.0840), and TP at the signal level + 2x zone height (1.0850 + 20 pips = 1.0870). This ensures the 1:2 RR is measured purely on the zone (risk = 10 pips zone height, reward = 20 pips), regardless of exact entry. If volatility is high (filter enabled), this setup prioritizes stronger sessions for better win rates.
- Trend-Following with Filter: On a 15-minute chart of GBP/JPY during New York AM, the overall trend is upward (price above a 200-period SMA). A support zone appears with signal level at 185.20 (zone top) after a pullback, with a height of 20 pips (zone bottom at 185.00). Ignore any "SELL" signals as they counter the trend; instead, wait for a "BUY" when price tests the zone from above and closes bullishly. Enter long at the current price (e.g., 185.25). Set SL at the zone bottom (185.00), and TP at the signal level + 2x zone height (185.20 + 40 pips = 185.60). Add a trend filter like MACD histogram turning positive for confirmation, reducing whipsaws in ranging markets. The RR remains 1:2 based on the zone (risk = 20 pips height, reward = 40 pips).
- Range-Bound Day Trading: In a 1-minute chart of USD/JPY during Asian session consolidation, multiple zones form stacking as support/resistance. Monitor for "SELL" at a resistance zone with signal level at 147.80 (zone bottom) and height of 8 pips (zone top at 147.88) after an uptick. Enter short on the signal at the current price (e.g., 147.78). Set SL at the zone top (147.88), and TP at the signal level - 2x zone height (147.80 - 16 pips = 147.64). Shorter timeframes like 1m may produce more signals due to tighter candle closes, but use the volatility filter to avoid flat periods—test historically to see how 1m noise compares to 15m's smoother triggers. The RR is fixed at 1:2 on the zone (risk = 8 pips height, reward = 16 pips).
Support/Resistance Mode: Standalone Contrarian System for Fading Breaks
This mode hides signals and labels, turning the indicator into a complete contrarian trading system focused on fading zone breaks. It treats broken zones as "flips"—a broken support becomes potential resistance, and vice versa. Entries use limit orders at a distance equal to the zone height, with fixed 1:2 RR based on that height. No additional filters are required, but combining with session timing enhances edge. Alerts fire on new zone creation, allowing proactive setup.
When a setup results in a stop loss in Support/Resistance Mode, the original zone can be used for a "Stop & Reverse" trade with the same trading proportions. This means reversing the position direction upon hitting SL, using the original zone to set the new entry (at the box top/bottom trigger level), SL (at the opposite box edge), and TP (2x the height beyond entry)—effectively capturing momentum in the opposite direction while maintaining the 1:2 RR.
- Fading a Support Break (Short Setup): On a 5-minute chart of AUD/USD during NY PM, a support zone at 0.6650 (height 12 pips) breaks when low pierces below 0.6638. Consider the zone flipped to resistance. Place a sell limit order 12 pips above the broken zone (at 0.6662), SL 12 pips above entry (0.6674), and TP 24 pips below entry (0.6638, achieving 1:2 RR). This anticipates sellers re-entering on pullbacks to the former support. If the volatility filter is on, this only applies to significant breaks; historically, test on pairs with clear pip values to adjust for spreads.
Stop & Reverse Scenario: If the short position hits SL at 0.6674 (price rallies above), reverse to a long position. Use the original 12-pip zone: Place a buy limit order on the original broken support (now acting as flipped resistance, at 0.6650 box top), SL 12 pips below the new entry (0.6638 box bottom), and TP 24 pips above the new entry (0.6674, maintaining 1:2 RR). This captures potential upside momentum after the false break.
- Fading a Resistance Break (Long Setup): In a 15-minute chart of Nasdaq futures (NQ) during London close, a resistance zone at 18500 (height 50 points) breaks upward (high > 18550). Flip it to support. Place a buy limit order 50 points below the broken zone (at 18450), SL 50 points below entry (18400), TP 100 points above entry (18550). This catches pullbacks in uptrends. Longer timeframes like 15m may show fewer but more reliable breaks due to broader candle relationships—compare to 1m, where smaller candles might invalidate zones quicker.
Stop & Reverse Scenario: If the long position hits SL at 18400 (price drops below), reverse to a short position. Use the original 50-point zone: Place a sell limit order on the original broken resistance (now acting as flipped support, at 18500 box bottom), SL 50 points above the new entry (18550 box top), and TP 100 points below the new entry (18400, maintaining 1:2 RR). This captures potential downside momentum after the false break.
- Multi-Zone Contrarian Scalping in High-Volatility Sessions: On a 1-minute chart of Bitcoin (BTC/USD) during NY open, several zones form and break in quick succession. After a resistance at 65000 (height 200 USD) breaks, place buy limit 200 USD below (64800), SL at 64600, TP at 65200. Conversely, for a broken support at 64000 (height 150 USD), sell limit 150 USD above (64150), SL 64300, TP 63850. Use the max bars setting to limit zone lifespan in fast markets; enable volatility filter to focus on explosive sessions like news releases. This mode's standalone nature suits automated mindsets—backtest to quantify edge, noting 1m's frequent triggers vs. 15m's strategic ones.
Stop & Reverse Scenario: For the buy after resistance break, if it hits SL at 64600 (price falls below), reverse to short. Use the original 200 USD zone: Place a sell limit order on the original broken resistance (now acting as flipped support, at 65000 box bottom), SL 200 USD above the new entry (65200 box top), TP 400 USD below the new entry (64600, maintaining 1:2 RR). Similarly, for the sell after support break, if it hits SL at 64300 (price rallies above), reverse to buy: Use the original 150 USD zone: Place a buy limit order on the original broken support (now acting as flipped resistance, at 64000 box top), SL 150 USD below the new entry (63850 box bottom), TP 300 USD above the new entry (64300, maintaining 1:2 RR). This captures potential momentum after the false breaks.
- Risk Considerations for Both Modes: Always test scenarios historically and adjust for instrument specifics like pip/point values and spreads. For example, forex might use 1-2 pip buffers, while crypto needs larger due to volatility. This is not trading advice; users should evaluate independently and consult professionals.
KEY SETTINGS
- Indicator Mode: "Buy/Sell Signal Mode" for signals; "Support/Resistance Mode" for zones only.
- Show S/R Zones: Toggle box visibility.
- Colours: Customise active/historical zones, buy/sell labels.
- Max Bars for Signal: Zone extension limit (default: 288).
- Require Significant Volatility: Filter for notable sessions (default: true).
- Days to Keep Historical Zones: Retention period (default: 7).
- Show NotePad?: Toggle notes table.
ALERTS
- Signal Mode: On BUY/SELL triggers.
- S/R Mode: On new zone creation.
Backtest thoroughly before use.
Why Protected?
This script uses a proprietary zone detection method designed to highlight support/resistance zones in a clear, structured way. To maintain the integrity and unique utility of the algorithm, the code is closed-source.
Important Considerations
This tool does not guarantee profits and is not intended to replace sound trade management or risk discipline. It is designed to aid traders in visualiSing market structure. Use responsibly with appropriate risk measures.
Legal Disclaimer
This indicator is provided for educational and informational purposes only. It is not intended as financial, investment, or trading advice, and does not constitute a recommendation to buy, sell, or hold any financial instrument.
Trading financial markets involves substantial risk. Past performance of any trading strategy or indicator is not indicative of future results. Users of this indicator assume full responsibility for their trading decisions. No guarantees are made regarding the accuracy, reliability, or profitability of the signals generated by this tool.
This indicator is published as-is, without any express or implied warranties. The publishers shall not be held liable for any losses or damages, direct or indirect, arising from the use, misuse, or reliance on this tool.
All trading decisions should be made with consideration of your financial situation and risk tolerance. Consultation with a licensed financial advisor is strongly recommended before making any investment decisions.
By using this indicator, you acknowledge and agree to these terms. Your use constitutes acceptance of full responsibility and the understanding that trading is inherently risky and should be approached with caution and discipline.
52SIGNAL RECIPE Bid/Ask Intensity Monitor═══ 52SIGNAL RECIPE Bid/Ask Intensity Monitor ═══
◆ Overview
52SIGNAL RECIPE Bid/Ask Intensity Monitor is a technical indicator that visualizes the balance of buying and selling forces in the market in real-time. Based on candle structure, this indicator calculates the relative strength of buying and selling pressure, displaying it through an intuitive color gradient gauge that allows traders to instantly grasp short-term market psychology and trading activity.
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◆ Key Features
• Intuitive Visualization: Instantly recognize buy/sell ratios through color gradient gauges
• Real-time Force Balance: Accurately display the buy/sell force ratio as a percentage in the current candle
• Candle Structure Analysis: Interpret market participant behavior through relationships between high, low, and close prices
• Chart Overlay: Displayed on the chart to observe changes in force balance alongside price movements
• Color Psychology: Provides intuitive psychological understanding through blue series (buy) and red series (sell) colors
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◆ Technical Foundation
■ Buy/Sell Ratio Calculation
• Basic Principle: Measure the relative strength of buyers and sellers by analyzing candle structure
• Buy Ratio Calculation: (Close - Low) ÷ (High - Low)
• Sell Ratio Calculation: 1 - Buy Ratio
• Interpretation Logic: The closer the closing price is to the high, the stronger the buying force; the closer to the low, the stronger the selling force
■ Visualization Mechanism
• Gradient Color Map: Express buy/sell intensity through 12-level color gradients
• Buy Color Range: Gradual change from light sky blue (#8be2ff) to deep navy blue (#103c60)
• Sell Color Range: Gradual change from light pink (#f65575) to deep burgundy (#3d101a)
• Gauge Structure: Vertical table positioned in the middle right of the chart for enhanced visual focus
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◆ Practical Applications
■ Market Psychology Identification
• Strong Buying Pressure Signals:
▶ When buy ratio is displayed as 70% or higher
▶ When the gauge is filled with bright blue shades
• Strong Selling Pressure Signals:
▶ When sell ratio is displayed as 70% or higher
▶ When the gauge is filled with bright red shades
• Force Balance State:
▶ When buy/sell ratio is in the 40-60% range
▶ When the color distribution in the gauge is even
■ Trading Strategy Application
• Trend Confirmation Strategy:
▶ Consecutive high buy ratios (70% or more) signal uptrend confirmation
▶ Consecutive high sell ratios (70% or more) signal downtrend confirmation
• Reversal Detection Strategy:
▶ Decreasing sell ratio during a downtrend suggests potential rebound
▶ Decreasing buy ratio during an uptrend suggests potential correction
• Volatility Breakout Strategy:
▶ Rapid changes in buy/sell ratio from a balanced state (50%) provide breakout signals
▶ Dramatic shifts in the opposite direction after extreme ratios signal trend reversals
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◆ Advanced Setting Options
■ Gauge Settings
• Gauge Width: Default value 15 (can be adjusted narrower or wider)
• Position Adjustment: Can be positioned at various locations on the chart (default is middle right)
• Border Thickness: Adjust border thickness for gauge visibility (default is 4)
■ Color Customization
• Buy Gradient: Color range can be modified according to personal preference
• Sell Gradient: Color range can be modified according to personal preference
• Transparency Settings: Optimize chart readability by adjusting background color transparency
■ Display Frequency Settings
• Update Cycle: Can be set to update every bar or at specific intervals
• History Length: Set display range for historical data
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◆ Synergy with Other Indicators
• Volume Profile: Analyze the Bid/Ask Intensity Monitor together with volume distribution to confirm buying/selling pressure at key price levels
• RSI: Improve signal reliability by checking extreme values of the Bid/Ask Intensity Monitor alongside RSI's overbought/oversold levels
• Moving Averages: Observe changes in the Bid/Ask Intensity Monitor when price is near key moving averages to assess support/resistance strength
• Bollinger Bands: Observe the Bid/Ask Intensity Monitor's reaction at band boundaries to evaluate potential reversals or trend continuation
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◆ Conclusion
52SIGNAL RECIPE Bid/Ask Intensity Monitor is a powerful tool that visualizes market participants' psychology and behavior in real-time based on candle structure. Through intuitive color gradients and percentage displays, it allows for immediate understanding of the balance between buying and selling forces, greatly aiding in predicting short-term market direction and momentum. When used in conjunction with other technical indicators, it provides a comprehensive understanding of market conditions, contributing to more accurate entry and exit timing decisions. This indicator, particularly useful in scalping and short-term trading, will enhance the chart analysis capabilities of all traders.
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※ Disclaimer: Past performance does not guarantee future results. Always use appropriate risk management strategies.
═══ 52SIGNAL RECIPE Bid/Ask Intensity Monitor ═══
◆ 개요
52SIGNAL RECIPE Bid/Ask Intensity Monitor는 실시간으로 시장의 매수/매도 세력 균형을 시각화하는 기술적 지표입니다. 이 지표는 캔들 구조를 기반으로 매수와 매도 압력의 상대적 강도를 계산하고, 직관적인 그라데이션 색상 게이지를 통해 표시함으로써 시장 참여자들의 단기 심리와 거래 활동을 한눈에 파악할 수 있게 합니다.
─────────────────────────────────────
◆ 주요 특징
• 직관적인 시각화: 매수/매도 비율을 색상 그라데이션 게이지로 즉각적으로 인식
• 실시간 세력 균형: 현재 봉에서의 매수/매도 세력 비율을 백분율로 정확히 표시
• 캔들 구조 기반 분석: 고가, 저가, 종가의 관계를 통해 시장 참여자 행동 해석
• 차트 오버레이: 차트 위에 표시되어 가격 움직임과 함께 세력 균형 변화 관찰 가능
• 색상 심리학 활용: 파란색 계열(매수)과 붉은색 계열(매도)로 직관적인 심리적 이해 제공
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◆ 기술적 기반
■ 매수/매도 비율 계산
• 기본 원리: 캔들의 구조를 분석하여 매수자와 매도자의 상대적 강도 측정
• 매수 비율 계산: (종가 - 저가) ÷ (고가 - 저가)
• 매도 비율 계산: 1 - 매수 비율
• 해석 논리: 종가가 고가에 가까울수록 매수 세력이 강하고, 저가에 가까울수록 매도 세력이 강함
■ 시각화 메커니즘
• 그라데이션 컬러 맵: 12단계 색상 그라데이션으로 매수/매도 강도 표현
• 매수 색상 범위: 밝은 하늘색(#8be2ff)에서 짙은 남색(#103c60)까지 점진적 변화
• 매도 색상 범위: 밝은 분홍색(#f65575)에서 짙은 적갈색(#3d101a)까지 점진적 변화
• 게이지 구조: 세로형 테이블로 우측 중앙에 배치되어 시각적 주목도 향상
─────────────────────────────────────
◆ 실용적 응용
■ 시장 심리 파악
• 강한 매수 압력 신호:
▶ 매수 비율이 70% 이상으로 표시될 때
▶ 게이지가 밝은 청색 계열로 채워질 때
• 강한 매도 압력 신호:
▶ 매도 비율이 70% 이상으로 표시될 때
▶ 게이지가 밝은 적색 계열로 채워질 때
• 세력 균형 상태:
▶ 매수/매도 비율이 40-60% 범위에 있을 때
▶ 게이지의 색상 분포가 균등할 때
■ 트레이딩 전략 적용
• 추세 확인 전략:
▶ 연속적인 높은 매수 비율(70% 이상)은 상승 추세 확인 신호
▶ 연속적인 높은 매도 비율(70% 이상)은 하락 추세 확인 신호
• 반전 탐색 전략:
▶ 하락 추세 중 매도 비율 감소는 반등 가능성 시사
▶ 상승 추세 중 매수 비율 감소는 조정 가능성 시사
• 변동성 돌파 전략:
▶ 균형 상태(50%)에서 급격한 매수/매도 비율 변화는 돌파 신호 제공
▶ 극단적 비율 후 반대 방향으로의 급격한 변화는 추세 전환 신호
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◆ 고급 설정 옵션
■ 게이지 설정
• 게이지 너비: 기본값 15 (좁게 또는 넓게 조정 가능)
• 위치 조정: 차트의 다양한 위치에 배치 가능 (우측 중앙 기본값)
• 테두리 두께: 게이지 가시성을 위한 테두리 굵기 조절 (기본값 4)
■ 색상 커스터마이징
• 매수 그라데이션: 개인 선호에 따라 색상 범위 수정 가능
• 매도 그라데이션: 개인 선호에 따라 색상 범위 수정 가능
• 투명도 설정: 배경색 투명도 조절로 차트 가독성 최적화
■ 표시 빈도 설정
• 업데이트 주기: 모든 봉마다 또는 특정 간격으로 업데이트 설정 가능
• 히스토리 길이: 과거 데이터에 대한 표시 범위 설정
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◆ 다른 지표와의 시너지
• 볼륨 프로파일: Bid/Ask Intensity Monitor와 볼륨 분포를 함께 분석하여 주요 가격대의 매수/매도 압력 확인
• RSI: Bid/Ask Intensity Monitor의 극단치와 RSI의 과매수/과매도 수준을 함께 확인하여 신호 신뢰도 향상
• 이동평균선: 가격이 주요 이동평균선 근처에서 Bid/Ask Intensity Monitor 변화를 관찰하여 지지/저항 강도 판단
• 볼린저 밴드: 밴드 경계에서의 Bid/Ask Intensity Monitor 반응을 관찰하여 반전 또는 추세 지속 가능성 평가
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◆ 결론
52SIGNAL RECIPE Bid/Ask Intensity Monitor는 캔들 구조를 기반으로 시장 참여자들의 심리와 행동을 실시간으로 시각화하는 강력한 도구입니다. 직관적인 색상 그라데이션과 백분율 표시를 통해 매수/매도 세력의 균형을 즉각적으로 파악할 수 있어, 시장의 단기적 방향성과 모멘텀을 예측하는 데 큰 도움이 됩니다. 다른 기술적 지표와 함께 사용하면 시장 상황에 대한 종합적인 이해를 얻을 수 있으며, 이는 더 정확한 진입 및 퇴출 타이밍을 결정하는 데 기여합니다. 특히 스캘핑과 단기 트레이딩에서 유용하게 활용될 수 있는 이 지표는 모든 트레이더의 차트 분석 능력을 한 단계 향상시켜 줄 것입니다.
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※ 면책 조항: 과거 성과가 미래 결과를 보장하지 않습니다. 항상 적절한 리스크 관리 전략을 사용하세요.
Volume Profile Delta & DOM @MaxMaserati 2.0Volume Profile Delta & DOM @Maxserati 2.0- Real Order Flow Analysis
What this indicator actually does!!!
Most volume indicators just show you total volume - which honestly doesn't tell you much. This one breaks down WHO is driving that volume. Big difference between 1000 shares of balanced buying/selling versus 800 buy + 200 sell. This tool shows you exactly that breakdown at every price level.
Trading without this kind of data means you're basically trading blind. Price action is important, but without knowing if smart money is buying or selling, you're mostly guessing. This gives you the same view that institutional traders have.
The main components
**DOM Display**: Shows real-time order flow with separate columns for buying and selling volume at each price level. You can toggle any column on/off depending on what you actually use.
**Volume Delta**: This is the key part - it shows net buying pressure (buy volume minus sell volume) at each price. When you see heavy buying at a support level, that's usually a good sign. When you see heavy selling at resistance, different story.
**Understanding the key columns:**
- **VPS (Volume Profile Sell)**: Shows selling volume (bid volume) at each price level - how much selling pressure exists
- **VPB (Volume Profile Buy)**: Shows buying volume (ask volume) at each price level - how much buying pressure exists
- **VPD (Volume Profile Delta)**: The difference between VPB and VPS (buy volume minus sell volume) - this tells you who's winning the battle at each price
**Time & Sales**: Live trade data with timestamps. There are filters so you can ignore the small retail trades and focus on the size that actually moves markets.
**Recent Activity**: Tracks momentum by showing cumulative buying/selling above and below current price. Useful for seeing if institutions are accumulating or distributing.
Why volume analysis works
Professional traders don't just look at price. They look at volume because volume precedes price movement. When smart money starts accumulating a position, you'll see it in the volume before you see it in price.
Think about it - if a stock is at $100 and someone wants to buy 100,000 shares, they can't just market buy it all at once without moving the price. They'll spread it out, but you can still see the accumulation pattern if you know where to look.
Real trading applications
**For day trading**: This works well for timing entries. If you see price breaking a level but volume delta is negative, that's usually a fake breakout. If volume confirms the move, much higher probability trade.
**For swing positions**: Great for finding accumulation zones. When you see consistent buying volume at certain levels over multiple days, institutions are likely building positions there.
**Risk management**: Volume shifts often happen before price reversals. If you're long and suddenly see heavy selling volume while price is still going up, that's a good exit signal.
Multi-market setup
Works on stocks, futures, forex, and crypto. The indicator automatically detects what type of market you're trading and adjusts accordingly. For forex it uses tick volume since real volume isn't available. For crypto it handles the decimal precision properly.
Customization options
You can show or hide any column depending on your trading style. If you're just scalping, maybe you only need price and delta. If you're doing deeper analysis, turn on all the columns.
There's color customization since everyone has their preferences, and text sizing because not everyone trades on huge monitors.
The indicator has both real-time and backtesting modes. Real-time for live trading, backtesting for developing strategies with historical volume data.
Learning curve
Fair warning - this isn't a simple moving average. There's a learning curve to reading order flow properly. Start by watching how volume patterns develop around known support and resistance levels.
Pay attention to volume divergences. If price makes a new high but volume delta is weaker, that's often a warning sign. If price breaks down but there's no real selling volume, it might be a false breakdown.
Performance notes
This processes a lot of data in real-time, so disable any columns you don't actually use. The more features you enable, the more processing power it needs.
Works best on lower timeframes (1-15 minutes) where you can see the tick-by-tick order flow. Still useful on higher timeframes but less granular.
## Bottom line
If you're serious about trading and want to see what institutional money is doing instead of just guessing from price action alone, this will help. It's not magic - you still need to understand market structure and have a trading plan. But it gives you information that most retail traders don't have access to.
The goal is to stop trading against smart money and start trading with them. Volume tells you where they're active.
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*Works on all markets. Real volume for stocks/futures, tick volume for forex. Compatible with TradingView's replay feature for backtesting.*
(Mustang Algo) Stochastic RSI + Triple EMAStochastic RSI + Triple EMA (StochTEMA)
Overview
The Stochastic RSI + Triple EMA indicator combines the Stochastic RSI oscillator with a Triple Exponential Moving Average (TEMA) overlay to generate clear buy and sell signals on the price chart. By measuring RSI overbought/oversold conditions and confirming trend direction with TEMA, this tool helps traders identify high-probability entries and exits while filtering out noise in choppy markets.
Key Features
Stochastic RSI Calculation
Computes a standard RSI over a user-defined period (default 50).
Applies a Stochastic oscillator to the RSI values over a second user-defined period (default 50).
Smooths the %K line by taking an SMA over a third input (default 3), and %D is an SMA of %K over another input (default 3).
Defines oversold when both %K and %D are below 20, and overbought when both are above 80.
Triple EMA (TEMA)
Calculates three successive EMAs on the closing price with the same length (default 9).
Combines them using TEMA = 3×(EMA1 – EMA2) + EMA3, producing a fast-reacting trend line.
Bullish trend is identified when price > TEMA and TEMA is rising; bearish trend when price < TEMA and TEMA is falling; neutral/flat when TEMA change is minimal.
Signal Logic
Strong Buy: Previous bar’s Stoch RSI was oversold (both %K and %D < 20), %K crosses above %D, and TEMA is in a bullish trend.
Medium Buy: %K crosses above %D (without requiring oversold), TEMA is bullish, and previous %K < 50.
Weak Buy: Previous bar’s %K and %D were oversold, %K crosses above %D, TEMA is flat or bullish (not bearish).
Strong Sell: Previous bar’s Stoch RSI was overbought (both %K and %D > 80), %K crosses below %D, and TEMA is bearish.
Medium Sell: %K crosses below %D (without requiring overbought), TEMA is bearish, and previous %K > 50.
Weak Sell: Previous bar’s %K and %D were overbought, %K crosses below %D, TEMA is flat or bearish (not bullish).
Visual Elements on Chart
TEMA Line: Plotted in cyan (#00BCD4) with a medium-thick line for clear trend visualization.
Buy/Sell Markers:
BUY STRONG: Lime label below the candle
BUY MEDIUM: Green triangle below the candle
BUY WEAK: Semi-transparent green circle below the candle
SELL STRONG: Red label above the candle
SELL MEDIUM: Orange triangle above the candle
SELL WEAK: Semi-transparent orange circle above the candle
Candle & Background Coloring: When a strong buy or sell signal occurs, the candle body is tinted (semi-transparent lime/red) and the chart background briefly flashes light green (buy) or light red (sell).
Dynamic Support/Resistance:
On a strong buy signal, a green dot is plotted under that bar’s low as a temporary support marker.
On a strong sell signal, a red dot is plotted above that bar’s high as a temporary resistance marker.
Alerts
Strong Buy Alert: Triggered when Stoch RSI is oversold, %K crosses above %D, and TEMA is bullish.
Strong Sell Alert: Triggered when Stoch RSI is overbought, %K crosses below %D, and TEMA is bearish.
General Buy Alert: Triggered on any bullish crossover (%K > %D) when TEMA is not bearish.
General Sell Alert: Triggered on any bearish crossover (%K < %D) when TEMA is not bullish.
Inputs
Stochastic RSI Settings (group “Stochastic RSI”):
K (smoothK): Period length for smoothing the %K line (default 3, minimum 1)
D (smoothD): Period length for smoothing the %D line (default 3, minimum 1)
RSI Length (lengthRSI): Number of bars used for the RSI calculation (default 50, minimum 1)
Stochastic Length (lengthStoch): Number of bars for the Stochastic oscillator applied to RSI (default 50, minimum 1)
RSI Source (src): Price source for the RSI (default = close)
TEMA Settings (group “Triple EMA”):
TEMA Length (lengthTEMA): Number of bars used for each of the three EMAs (default 9, minimum 1)
How to Use
Add the Script
Copy and paste the indicator code into TradingView’s Pine Editor (version 6).
Save the script and add it to your chart as “Stochastic RSI + Triple EMA (StochTEMA).”
Adjust Inputs
Choose shorter lengths for lower timeframes (e.g., intraday scalping) and longer lengths for higher timeframes (e.g., swing trading).
Fine-tune the Stochastic RSI parameters (K, D, RSI Length, Stochastic Length) to suit the volatility of the instrument.
Modify TEMA Length if you prefer a faster or slower moving average response.
Interpret Signals
Primary Entries/Exits: Focus on “BUY STRONG” and “SELL STRONG” signals, as they require both oversold/overbought conditions and a confirming TEMA trend.
Confirmation Signals: Use “BUY MEDIUM”/“BUY WEAK” to confirm or add to an existing position when the market is trending. Similarly, “SELL MEDIUM”/“SELL WEAK” can be used to scale out or confirm bearish momentum.
Support/Resistance Dots: These help identify recent swing lows (green dots) and swing highs (red dots) that were tagged by strong signals—useful to place stop-loss or profit-target orders.
Set Alerts
Open the Alerts menu (bell icon) in TradingView, choose this script, and select the desired alert condition (e.g., “BUY Signal Strong”).
Configure notifications (popup, email, webhook) according to your trading workflow.
Notes & Best Practices
Filtering False Signals: By combining Stoch RSI crossovers with TEMA trend confirmation, most false breakouts during choppy price action are filtered out.
Timeframe Selection: This indicator works on all timeframes, but shorter timeframes may generate frequent signals—consider higher-timeframe confirmation when trading lower timeframes.
Risk Management: Always use proper position sizing and stop-loss placement. An “oversold” or “overbought” reading can remain extended for some time in strong trends.
Backtesting/Optimization: Before live trading, backtest different parameter combinations on historical data to find the optimal balance between sensitivity and reliability for your chosen instrument.
No Guarantee of Profits: As with any technical indicator, past performance does not guarantee future results. Use in conjunction with other forms of analysis (volume, price patterns, fundamentals).
Author: Your Name or Username
Version: 1.0 (Pine Script v6)
Published: June 2025
Feel free to customize input values and visual preferences. If you find bugs or have suggestions for improvements, open an issue or leave a comment below. Trade responsibly!
Volume pressure by GSK-VIZAG-AP-INDIA🔍 Volume Pressure by GSK-VIZAG-AP-INDIA
🧠 Overview
“Volume Pressure” is a multi-timeframe, real-time table-based volume analysis tool designed to give traders a clear and immediate view of buying and selling pressure across custom-selected timeframes. By breaking down buy volume, sell volume, total volume, and their percentages, this indicator helps traders identify demand/supply imbalances and volume momentum in the market.
🎯 Purpose / Trading Use Case
This indicator is ideal for intraday and short-term traders who want to:
Spot aggressive buying or selling activity
Track volume dynamics across multiple timeframes *1 min time frame will give best results*
Use volume pressure as a confirming tool alongside price action or trend-based systems
It helps determine when large buying/selling activity is occurring and whether such behavior is consistent across timeframes—a strong signal of institutional interest or volume-driven trend shifts.
🧩 Key Features & Logic
Real-Time Table Display: A clean, dynamic table showing:
Buy Volume
Sell Volume
Total Volume
Buy % of total volume
Sell % of total volume
Multi-Time frame Analysis: Supports 8 user-selectable custom time frames from 1 to 240 minutes, giving flexibility to analyze volume pressure at various granularities.
Color-Coded Volume Bias:
Green for dominant Buy pressure
Red for dominant Sell pressure
Yellow for Neutral
Intensity-based blinking for extreme values (over 70%)
Dynamic Data Calculation:
Uses volume * (close > open) logic to estimate buy vs sell volumes bar-by-bar, then aggregates by timeframe.
⚙️ User Inputs & Settings
Timeframe Selectors (TF1 to TF8): Choose any 8 timeframes you want to monitor volume pressure across.
Text & Color Settings:
Customize text colors for Buy, Sell, Total volumes
Choose Buy/Sell bias colors
Enable/disable blinking for visual emphasis on extremes
Table Appearance:
Set header color, metric background, and text size
Table positioning: top-right, bottom-right, etc.
Blinking Highlight Toggle: Enable this to visually highlight when Buy/Sell % exceeds 70%—a sign of strong pressure.
📊 Visual Elements Explained
The table has 6 rows and 10 columns:
Row 0: Headers for Today and TF1 to TF8
Rows 1–3: Absolute values (Buy Vol, Sell Vol, Total Vol)
Rows 4–5: Relative percentages (Buy %, Sell %), with dynamic background color
First column shows the metric names (e.g., “Buy Vol”)
Cells blink using alternate background colors if volume pressure crosses thresholds
💡 How to Use It Effectively
Use Buy/Sell % rows to confirm potential breakout trades or identify volume exhaustion zones
Look for multi-timeframe confluence: If 5 or more TFs show >70% Buy pressure, buyers are in control
Combine with price action (e.g., breakouts, reversals) to increase conviction
Suitable for equities, indices, futures, crypto, especially on lower timeframes (1m to 15m)
🏆 What Makes It Unique
Table-based MTF Volume Pressure Display: Most indicators only show volume as bars or histograms; this script summarizes and color-codes volume bias across timeframes in a tabular format.
Customization-friendly: Full control over colors, themes, and timeframes
Blinking Alerts: Rare visual feature to capture user attention during extreme pressure
Designed with performance and readability in mind—even for fast-paced scalping environments.
🚨 Alerts / Extras
While this script doesn’t include TradingView alert functions directly, the visual blinking serves as a strong real-time alert mechanism.
Future versions may include built-in alert conditions for buy/sell bias thresholds.
🔬 Technical Concepts Used
Volume Dissection using close > open logic (to estimate buyer vs seller pressure)
Simple aggregation of volume over custom timeframes
Table plotting using Pine Script table.new, table.cell
Dynamic color logic for bias identification
Custom blinking logic using na(bar_index % 2 == 0 ? colorA : colorB)
⚠️ Disclaimer
This indicator is a tool for analysis, not financial advice. Always backtest and validate strategies before using any indicator for live trading. Past performance is not indicative of future results. Use at your own risk and apply proper risk management.
✍️ Author & Signature
Indicator Name: Volume Pressure
Author: GSK-VIZAG-AP-INDIA
TradingView Username: prowelltraders
Ultimate Scalping Tool[BullByte]Overview
The Ultimate Scalping Tool is an open-source TradingView indicator built for scalpers and short-term traders released under the Mozilla Public License 2.0. It uses a custom Quantum Flux Candle (QFC) oscillator to combine multiple market forces into one visual signal. In plain terms, the script reads momentum, trend strength, volatility, and volume together and plots a special “candlestick” each bar (the QFC) that reflects the overall market bias. This unified view makes it easier to spot entries and exits: the tool labels signals as Strong Buy/Sell, Pullback (a brief retracement in a trend), Early Entry, or Exit Warning . It also provides color-coded alerts and a small dashboard of metrics. In practice, traders see green/red oscillator bars and symbols on the chart when conditions align, helping them scalp or trend-follow without reading multiple separate indicators.
Core Components
Quantum Flux Candle (QFC) Construction
The QFC is the heart of the indicator. Rather than using raw price, it creates a candlestick-like bar from the underlying oscillator values. Each QFC bar has an “open,” “high/low,” and “close” derived from calculated momentum and volatility inputs for that period . In effect, this turns the oscillator into intuitive candle patterns so traders can recognize momentum shifts visually. (For comparison, note that Heikin-Ashi candles “have a smoother look because take an average of the movement”. The QFC instead represents exact oscillator readings, so it reflects true momentum changes without hiding price action.) Colors of QFC bars change dynamically (e.g. green for bullish momentum, red for bearish) to highlight shifts. This is the first open-source QFC oscillator that dynamically weights four non-correlated indicators with moving thresholds, which makes it a unique indicator on its own.
Oscillator Normalization & Adaptive Weights
The script normalizes its oscillator to a fixed scale (for example, a 0–100 range much like the RSI) so that various inputs can be compared fairly. It then applies adaptive weighting: the relative influence of trend, momentum, volatility or volume signals is automatically adjusted based on current market conditions. For instance, in very volatile markets the script might weight volatility more heavily, or in a strong trend it might give extra weight to trend direction. Normalizing data and adjusting weights helps keep the QFC sensitive but stable (normalization ensures all inputs fit a common scale).
Trend/Momentum/Volume/Volatility Fusion
Unlike a typical single-factor oscillator, the QFC oscillator fuses four aspects at once. It may compute, for example, a trend indicator (such as an ADX or moving average slope), a momentum measure (like RSI or Rate-of-Change), a volume-based pressure (similar to MFI/OBV), and a volatility measure (like ATR) . These different values are combined into one composite oscillator. This “multi-dimensional” approach follows best practices of using non-correlated indicators (trend, momentum, volume, volatility) for confirmation. By encoding all these signals in one line, a high QFC reading means that trend, momentum, and volume are all aligned, whereas a neutral reading might mean mixed conditions. This gives traders a comprehensive picture of market strength.
Signal Classification
The script interprets the QFC oscillator to label trades. For example:
• Strong Buy/Sell : Triggered when the oscillator crosses a high-confidence threshold (e.g. breaks clearly above zero with strong slope), indicating a well-confirmed move. This is like seeing a big green/red QFC candle aligned with the trend.
• Pullbacks : Identified when the trend is up but momentum dips briefly. A Pullback Buy appears if the overall trend is bullish but the oscillator has a short retracement – a typical buying opportunity in an uptrend. (A pullback is “a brief decline or pause in a generally upward price trend”.)
• Early Buy/Sell : Marks an initial swing in the oscillator suggesting a possible new trend, before it is fully confirmed. It’s a hint of momentum building (an early-warning signal), not as strong as the confirmed “Strong” signal.
• Exit Warnings : Issued when momentum peaks or reverses. For instance, if the QFC bars reach a high and start turning red/green opposite, the indicator warns that the move may be ending. In other words, a Momentum Peak is the point of maximum strength after which weakness may follow.
These categories correspond to typical trading concepts: Pullback (temporary reversal in an uptrend), Early Buy (an initial bullish cross), Strong Buy (confirmed bullish momentum), and Momentum Peak (peak oscillator value suggesting exhaustion).
Filters (DI Reversal, Dynamic Thresholds, HTF EMA/ADX)
Extra filters help avoid bad trades. A DI Reversal filter uses the +DI/–DI lines (from the ADX system) to require that the trend direction confirms the signal . For example, it might ignore a buy signal if the +DI is still below –DI. Dynamic Thresholds adjust signal levels on-the-fly: rather than fixed “overbought” lines, they move with volatility so signals happen under appropriate market stress. An optional High-Timeframe EMA or ADX filter adds a check against a larger timeframe trend: for instance, only taking a trade if price is above the weekly EMA or if weekly ADX shows a strong trend. (Notably, the ADX is “a technical indicator used by traders to determine the strength of a price trend”, so requiring a high-timeframe ADX avoids trading against the bigger trend.)
Dashboard Metrics & Color Logic
The Dashboard in the Ultimate Scalping Tool (UST) serves as a centralized information hub, providing traders with real-time insights into market conditions, trend strength, momentum, volume pressure, and trade signals. It is highly customizable, allowing users to adjust its appearance and content based on their preferences.
1. Dashboard Layout & Customization
Short vs. Extended Mode : Users can toggle between a compact view (9 rows) and an extended view (13 rows) via the `Short Dashboard` input.
Text Size Options : The dashboard supports three text sizes— Tiny, Small, and Normal —adjustable via the `Dashboard Text Size` input.
Positioning : The dashboard is positioned in the top-right corner by default but can be moved if modified in the script.
2. Key Metrics Displayed
The dashboard presents critical trading metrics in a structured table format:
Trend (TF) : Indicates the current trend direction (Strong Bullish, Moderate Bullish, Sideways, Moderate Bearish, Strong Bearish) based on normalized trend strength (normTrend) .
Momentum (TF) : Displays momentum status (Strong Bullish/Bearish or Neutral) derived from the oscillator's position relative to dynamic thresholds.
Volume (CMF) : Shows buying/selling pressure levels (Very High Buying, High Selling, Neutral, etc.) based on the Chaikin Money Flow (CMF) indicator.
Basic & Advanced Signals:
Basic Signal : Provides simple trade signals (Strong Buy, Strong Sell, Pullback Buy, Pullback Sell, No Trade).
Advanced Signal : Offers nuanced signals (Early Buy/Sell, Momentum Peak, Weakening Momentum, etc.) with color-coded alerts.
RSI : Displays the Relative Strength Index (RSI) value, colored based on overbought (>70), oversold (<30), or neutral conditions.
HTF Filter : Indicates the higher timeframe trend status (Bullish, Bearish, Neutral) when using the Leading HTF Filter.
VWAP : Shows the V olume-Weighted Average Price and whether the current price is above (bullish) or below (bearish) it.
ADX : Displays the Average Directional Index (ADX) value, with color highlighting whether it is rising (green) or falling (red).
Market Mode : Shows the selected market type (Crypto, Stocks, Options, Forex, Custom).
Regime : Indicates volatility conditions (High, Low, Moderate) based on the **ATR ratio**.
3. Filters Status Panel
A secondary panel displays the status of active filters, helping traders quickly assess which conditions are influencing signals:
- DI Reversal Filter: On/Off (confirms reversals before generating signals).
- Dynamic Thresholds: On/Off (adjusts buy/sell thresholds based on volatility).
- Adaptive Weighting: On/Off (auto-adjusts oscillator weights for trend/momentum/volatility).
- Early Signal: On/Off (enables early momentum-based signals).
- Leading HTF Filter: On/Off (applies higher timeframe trend confirmation).
4. Visual Enhancements
Color-Coded Cells : Each metric is color-coded (green for bullish, red for bearish, gray for neutral) for quick interpretation.
Dynamic Background : The dashboard background adapts to market conditions (bullish/bearish/neutral) based on ADX and DI trends.
Customizable Reference Lines : Users can enable/disable fixed reference lines for the oscillator.
How It(QFC) Differs from Traditional Indicators
Quantum Flux Candle (QFC) Versus Heikin-Ashi
Heikin-Ashi candles smooth price by averaging (HA’s open/close use averages) so they show trend clearly but hide true price (the current HA bar’s close is not the real price). QFC candles are different: they are oscillator values, not price averages . A Heikin-Ashi chart “has a smoother look because it is essentially taking an average of the movement”, which can cause lag. The QFC instead shows the raw combined momentum each bar, allowing faster recognition of shifts. In short, HA is a smoothed price chart; QFC is a momentum-based chart.
Versus Standard Oscillators
Common oscillators like RSI or MACD use fixed formulas on price (or price+volume). For example, RSI “compares gains and losses and normalizes this value on a scale from 0 to 100”, reflecting pure price momentum. MFI is similar but adds volume. These indicators each show one dimension: momentum or volume. The Ultimate Scalping Tool’s QFC goes further by integrating trend strength and volatility too. In practice, this means a move that looks strong on RSI might be downplayed by low volume or weak trend in QFC. As one source notes, using multiple non-correlated indicators (trend, momentum, volume, volatility) provides a more complete market picture. The QFC’s multi-factor fusion is unique – it is effectively a multi-dimensional oscillator rather than a traditional single-input one.
Signal Style
Traditional oscillators often use crossovers (RSI crossing 50) or fixed zones (MACD above zero) for signals. The Ultimate Scalping Tool’s signals are custom-classified: it explicitly labels pullbacks, early entries, and strong moves. These terms go beyond a typical indicator’s generic “buy”/“sell.” In other words, it packages a strategy around the oscillator, which traders can backtest or observe without reading code.
Key Term Definitions
• Pullback : A short-term dip or consolidation in an uptrend. In this script, a Pullback Buy appears when price is generally rising but shows a brief retracement. (As defined by Investopedia, a pullback is “a brief decline or pause in a generally upward price trend”.)
• Early Buy/Sell : An initial or tentative entry signal. It means the oscillator first starts turning positive (or negative) before a full trend has developed. It’s an early indication that a trend might be starting.
• Strong Buy/Sell : A confident entry signal when multiple conditions align. This label is used when momentum is already strong and confirmed by trend/volume filters, offering a higher-probability trade.
• Momentum Peak : The point where bullish (or bearish) momentum reaches its maximum before weakening. When the oscillator value stops rising (or falling) and begins to reverse, the script flags it as a peak – signaling that the current move could be overextended.
What is the Flux MA?
The Flux MA (Moving Average) is an Exponential Moving Average (EMA) applied to a normalized oscillator, referred to as FM . Its purpose is to smooth out the fluctuations of the oscillator, providing a clearer picture of the underlying trend direction and strength. Think of it as a dynamic baseline that the oscillator moves above or below, helping you determine whether the market is trending bullish or bearish.
How it’s calculated (Flux MA):
1.The oscillator is normalized (scaled to a range, typically between 0 and 1, using a default scale factor of 100.0).
2.An EMA is applied to this normalized value (FM) over a user-defined period (default is 10 periods).
3.The result is rescaled back to the oscillator’s original range for plotting.
Why it matters : The Flux MA acts like a support or resistance level for the oscillator, making it easier to spot trend shifts.
Color of the Flux Candle
The Quantum Flux Candle visualizes the normalized oscillator (FM) as candlesticks, with colors that indicate specific market conditions based on the relationship between the FM and the Flux MA. Here’s what each color means:
• Green : The FM is above the Flux MA, signaling bullish momentum. This suggests the market is trending upward.
• Red : The FM is below the Flux MA, signaling bearish momentum. This suggests the market is trending downward.
• Yellow : Indicates strong buy conditions (e.g., a "Strong Buy" signal combined with a positive trend). This is a high-confidence signal to go long.
• Purple : Indicates strong sell conditions (e.g., a "Strong Sell" signal combined with a negative trend). This is a high-confidence signal to go short.
The candle mode shows the oscillator’s open, high, low, and close values for each period, similar to price candlesticks, but it’s the color that provides the quick visual cue for trading decisions.
How to Trade the Flux MA with Respect to the Candle
Trading with the Flux MA and Quantum Flux Candle involves using the MA as a trend indicator and the candle colors as entry and exit signals. Here’s a step-by-step guide:
1. Identify the Trend Direction
• Bullish Trend : The Flux Candle is green and positioned above the Flux MA. This indicates upward momentum.
• Bearish Trend : The Flux Candle is red and positioned below the Flux MA. This indicates downward momentum.
The Flux MA serves as the reference line—candles above it suggest buying pressure, while candles below it suggest selling pressure.
2. Interpret Candle Colors for Trade Signals
• Green Candle : General bullish momentum. Consider entering or holding a long position.
• Red Candle : General bearish momentum. Consider entering or holding a short position.
• Yellow Candle : A strong buy signal. This is an ideal time to enter a long trade.
• Purple Candle : A strong sell signal. This is an ideal time to enter a short trade.
3. Enter Trades Based on Crossovers and Colors
• Long Entry : Enter a buy position when the Flux Candle turns green and crosses above the Flux MA. If it turns yellow, this is an even stronger signal to go long.
• Short Entry : Enter a sell position when the Flux Candle turns red and crosses below the Flux MA. If it turns purple, this is an even stronger signal to go short.
4. Exit Trades
• Exit Long : Close your buy position when the Flux Candle turns red or crosses below the Flux MA, indicating the bullish trend may be reversing.
• Exit Short : Close your sell position when the Flux Candle turns green or crosses above the Flux MA, indicating the bearish trend may be reversing.
•You might also exit a long trade if the candle changes from yellow to green (weakening strong buy signal) or a short trade from purple to red (weakening strong sell signal).
5. Use Additional Confirmation
To avoid false signals, combine the Flux MA and candle signals with other indicators or dashboard metrics (e.g., trend strength, momentum, or volume pressure). For example:
•A yellow candle with a " Strong Bullish " trend and high buying volume is a robust long signal.
•A red candle with a " Moderate Bearish " trend and neutral momentum might need more confirmation before shorting.
Practical Example
Imagine you’re scalping a cryptocurrency:
• Long Trade : The Flux Candle turns yellow and is above the Flux MA, with the dashboard showing "Strong Buy" and high buying volume. You enter a long position. You exit when the candle turns red and dips below the Flux MA.
• Short Trade : The Flux Candle turns purple and crosses below the Flux MA, with a "Strong Sell" signal on the dashboard. You enter a short position. You exit when the candle turns green and crosses above the Flux MA.
Market Presets and Adaptation
This indicator is designed to work on any market with candlestick price data (stocks, crypto, forex, indices, etc.). To handle different behavior, it provides presets for major asset classes. Selecting a “Stocks,” “Crypto,” “Forex,” or “Options” preset automatically loads a set of parameter values optimized for that market . For example, a crypto preset might use a shorter lookback or higher sensitivity to account for crypto’s high volatility, while a stocks preset might use slightly longer smoothing since stocks often trend more slowly. In practice, this means the same core QFC logic applies across markets, but the thresholds and smoothing adjust so signals remain relevant for each asset type.
Usage Guidelines
• Recommended Timeframes : Optimized for 1 minute to 15 minute intraday charts. Can also be used on higher timeframes for short term swings.
• Market Types : Select “Crypto,” “Stocks,” “Forex,” or “Options” to auto tune periods, thresholds and weights. Use “Custom” to manually adjust all inputs.
• Interpreting Signals : Always confirm a signal by checking that trend, volume, and VWAP agree on the dashboard. A green “Strong Buy” arrow with green trend, green volume, and price > VWAP is highest probability.
• Adjusting Sensitivity : To reduce false signals in fast markets, enable DI Reversal Confirmation and Dynamic Thresholds. For more frequent entries in trending environments, enable Early Entry Trigger.
• Risk Management : This tool does not plot stop loss or take profit levels. Users should define their own risk parameters based on support/resistance or volatility bands.
Background Shading
To give you an at-a-glance sense of market regime without reading numbers, the indicator automatically tints the chart background in three modes—neutral, bullish and bearish—with two levels of intensity (light vs. dark):
Neutral (Gray)
When ADX is below 20 the market is considered “no trend” or too weak to trade. The background fills with a light gray (high transparency) so you know to sit on your hands.
Bullish (Green)
As soon as ADX rises above 20 and +DI exceeds –DI, the background turns a semi-transparent green, signaling an emerging uptrend. When ADX climbs above 30 (strong trend), the green becomes more opaque—reminding you that trend-following signals (Strong Buy, Pullback) carry extra weight.
Bearish (Red)
Similarly, if –DI exceeds +DI with ADX >20, you get a light red tint for a developing downtrend, and a darker, more solid red once ADX surpasses 30.
By dynamically varying both hue (green vs. red vs. gray) and opacity (light vs. dark), the background instantly communicates trend strength and direction—so you always know whether to favor breakout-style entries (in a strong trend) or stay flat during choppy, low-ADX conditions.
The setup shown in the above chart snapshot is BTCUSD 15 min chart : Binance for reference.
Disclaimer
No indicator guarantees profits. Backtest or paper trade this tool to understand its behavior in your market. Always use proper position sizing and stop loss orders.
Good luck!
- BullByte
CandelaCharts - Buyside & Sellside 📝 Overview
The Buyside & Sellside Liquidity Indicator is designed to identify and emphasize one of the foundational concepts within the ICT (Inner Circle Trader) trading methodology: liquidity levels.
This tool focuses on pinpointing key areas in the market where buy-side and sell-side liquidity is concentrated, providing traders with insights into potential price targets, reversal zones, and institutional order flow behavior.
By highlighting these liquidity zones, the indicator serves as a strategic aid in understanding market dynamics and enhancing decision-making in alignment with ICT principles.
📦 Features
Buyside & Sellside Liquidity
Invalidated Liquidity
Threshold
Styling
⚙️ Settings
Liquidity: Controls visibility of Bullish/Bearish Liquidity levels.
Invalidated: Displays the invalidated liquidity levels.
Levels: Controls the number of Liquidity levels that will be displayed.
Line Style: Customize the line style and width.
Threshold: Filter by swing points the Liquidity levels.
Labels: Control the Labels visibility.
⚡️ Showcase
Buyside & Sellside
Invalidated
🚨 Alerts
This script offers alert options for all signal types.
Bearish Signal
A bearish signal is generated when the price reaches a Buyside Liquidity level.
Bullish Signal
A bullish signal is generated when the price reaches a Sellside Liquidity level.
⚠️ Disclaimer
Trading involves significant risk, and many participants may incur losses. The content on this site is not intended as financial advice and should not be interpreted as such. Decisions to buy, sell, hold, or trade securities, commodities, or other financial instruments carry inherent risks and are best made with guidance from qualified financial professionals. Past performance is not indicative of future results.
ZenAlgo - AvengerThe ZenAlgo - Avenger indicator provides a multi-layered view of market behavior by combining volume delta analytics, trend-following EMAs, average price comparison, and price-volume profiling into a unified overlay. It is designed to visually assist traders in identifying areas of interest, momentum shifts, and potential reversals using cumulative data from both spot and perpetual markets.
Volume Delta Calculation
This indicator computes delta as the difference between estimated buy and sell volumes using volume data from multiple centralized exchanges. It distinguishes between spot and perpetual volumes, combining them into total volume.
To estimate buying and selling volume from raw volume data, candle structure is broken down into body and wicks. The body is interpreted as the core directional movement (buy/sell), while the wicks are treated as uncertain or counteraction. This segmentation helps infer the likely share of buying and selling within each bar.
The delta is calculated per bar and then aggregated over a lookback period (default 14 bars) to generate a cumulative delta. This approach provides a smoothed value of volume pressure trends over time.
A moving average is applied to the delta values (using selectable MA types like EMA or SMA) to define signal crossovers and suppress noise.
Delta Visualization
To contextualize delta within price action, the delta is scaled dynamically (by ATR or user-defined value) and plotted as a band around the closing price. Positive delta expands upward from price, negative delta downward. This provides a visual overlay that reflects net market pressure in context with price movement.
In cases of extreme delta (threshold set at 80% of recent maximum), the indicator marks spike bars using symbols to indicate significant directional pressure.
Identification of Noteworthy Conditions
The indicator highlights points on the chart where specific conditions are met based on the interaction between volume delta and its moving average. These conditions may align with moments of market pressure imbalance and directional movement, but they are not to be interpreted as trade signals in isolation.
Instead, these chart markers serve as visual flags for potential interest. They are intended to draw the user’s attention to scenarios where:
The delta crosses above or below its moving average, suggesting a potential shift in volume pressure.
The cumulative delta supports the direction of this crossover.
Optional filters can further restrict these markings to periods where:
The short-term trend (as inferred from EMA slope) supports the direction.
Volume is elevated relative to a recent average.
A user-defined cooldown period prevents multiple markings within short succession to avoid clutter.
It is essential to underscore that these markers do not constitute buy or sell advice . Their role is diagnostic , helping the trader to identify potential moments of interest which should be analyzed in conjunction with broader context, such as trend structure, price action, support/resistance levels, or external market data.
EMA Structure
Six EMAs with fixed lengths (13 to 56) are plotted and colored dynamically based on the most recent crossover between the fastest and slowest (EMA1 and EMA6). These EMAs help visualize short- to mid-term trends. The crossover itself is marked with symbols, with vertical offset based on ATR to maintain chart readability.
Average Line (AVG)
The indicator also calculates an average price based on a fixed window (100 bars). This is not a standard moving average but rather a raw average of recent prices stored in a circular buffer. The average is plotted, and its relative distance to the current price is labeled as a percentage. This feature serves as a simplified representation of fair value or mean reversion anchor.
EMA6 vs AVG Cross
Another layer of point of interest detection involves EMA6 crossing the AVG line. This crossover is only considered valid if EMA6 shows slope consistency in the crossing direction. These events are marked using symbols and offset vertically to avoid overlapping price action.
Divergence Detection
The script detects both regular and hidden divergences between price and delta:
Regular divergences are defined when price makes a higher high or lower low, while delta fails to confirm (makes a lower high or higher low).
Hidden divergences occur when price retraces (lower high or higher low), but delta moves against this retracement, indicating underlying strength or weakness.
Divergence points are labeled with "R" (regular) or "H" (hidden) and appear at local pivot highs or lows. The number of visible divergence labels can be limited for chart clarity.
POC and nPOC Calculations
The script includes a simplified volume profile implementation, calculating:
POC (Point of Control): the price level with the highest volume for the given period.
nPOC (non-tested POC): historical POCs that have not yet been revisited by price.
Price levels are bucketed into rows (user-defined), and volume per bucket is tracked to identify the POC. Upon a new period (e.g., day, week), a horizontal POC line is drawn. Once tested by price, the line’s appearance changes (color fades, label shrinks), helping users distinguish between untouched and touched levels.
Limits are enforced on the number of retained POCs and their maximum distance from current bars to optimize performance and chart readability.
Exchange Aggregation
Volume data is aggregated across major exchanges. This ensures that the delta calculation captures a broader market picture beyond a single venue, reducing exchange-specific noise.
How to Interpret Values
Delta Band: Wide bands indicate strong directional imbalance. Narrow bands suggest indecision or low volume.
EMA Crossover Symbols: Appear on directional shifts in moving averages. Multiple EMAs reinforcing the same slope typically indicate stronger trend.
AVG Line: Represents average price over recent history. Large deviations can indicate overextension or potential mean reversion.
Divergences: Regular ones may point to weakening momentum; hidden ones can suggest continuation despite corrective price action.
POC / nPOC: Key volume-based support/resistance levels. Untested nPOCs can act as magnets for price retests.
How to Best Use This Indicator
Use in conjunction with trend context (e.g., higher timeframe EMAs) to avoid counter-trend indications.
Treat delta spikes as caution zones—especially if they occur at known support/resistance.
Watch for divergences as early warning signs before price reverses.
Use POC/nPOC as target levels, especially if aligned with delta signals.
Apply volume and trend filters to reduce noise on shorter timeframes.
Added Value
Multi-exchange volume aggregation makes the delta calculation more robust.
Real-time cumulative delta overlaid directly on the price chart provides immediate context.
Points of interest on chart are conservative and filterable, intended to reduce false positives.
The combination of delta, trend-following EMAs, fair value line, and volume profile data is rarely found in one overlay script.
POC/nPOC visualization based on real traded volume helps identify high-interest zones for future price interaction.
Why Is It Worth Paying For
While free alternatives may provide partial insights (e.g., basic delta or single EMA crossovers), this indicator integrates multiple domains—delta, divergence, average price, trend overlays, and profile levels—into a coherent, optimized chart tool. The value lies not just in having these tools, but in how they are synchronized and visualized.
Furthermore, sourcing and synchronizing volume data from multiple exchanges for delta estimation is not straightforward in Pine Script and adds to the indicator's complexity and utility.
Disclaimers and Limitations
Delta estimation is based on candle structure and assumes wick/body distribution reflects buyer/seller activity, which may not always be precise.
Multi-exchange volume data relies on availability via TradingView’s request.security() function; if exchange data is missing or delayed, results may be incomplete.
Divergences do not guarantee reversals—should be used as part of a broader analysis framework.
On illiquid instruments or exotic pairs, the value of delta and volume-based analytics may be reduced due to unreliable volume.
Volume Range Profile with Fair Value (Zeiierman)█ Overview
The Volume Range Profile with Fair Value (Zeiierman) is a precision-built volume-mapping tool designed to help traders visualize where institutional-level activity is occurring within the price range — and how that volume behavior shifts over time.
Unlike traditional volume profiles that rely on fixed session boundaries or static anchors, this tool dynamically calculates and displays volume zones across both the upper and lower ends of a price range, revealing point-of-control (POC) levels, directional volume flow, and a fair value drift line that updates live with each candle.
You’re not just looking at volume anymore. You’re dissecting who’s in control — and at what price.
⚪ In simple terms:
Upper Zone = The upper portion of the price range, showing concentrated volume activity — typically where selling or distribution may occur
Lower Zone = The lower portion of the price range, highlighting areas of high volume — often associated with buying or accumulation
POC Bin = The bin (price level) with the highest traded volume in the zone — considered the most accepted price by the market
Fair Value Trend = A dynamic trend line tracking the average POC price over time — visualizing the evolving fair value
Zone Labels = Display real-time breakdown of buy/sell volume within each zone and inside the POC — revealing who’s in control
█ How It Works
⚪ Volume Zones
Upper Zone: Anchored at the highest high in the lookback period
Lower Zone: Anchored at the lowest low in the lookback period
Width is user-defined via % of range
Each zone is divided into a series of volume bins
⚪ Volume Bins (Histograms)
Each zone is split into N bins that show how much volume occurred at each level:
Taller = More volume
The POC bin (Point of Control) is highlighted
Labels show % of volume in the POC relative to the whole zone
⚪ Buy vs Sell Breakdown
Each volume bin is split by:
Buy Volume = Close ≥ Open
Sell Volume = Close < Open
The script accumulates these and displays total Buy/Sell volume per zone.
⚪ Fair Value Drift Line
A POC trend is plotted over time:
Represents where volume was most active across each range
Color changes dynamically — green for rising, red for falling
Serves as a real-time fair value anchor across changing market structure
█ How to Use
⚪ Identify Key Control Zones
Use Upper/Lower Zone structures to understand where supply and demand is building.
Zones automatically adapt to recent highs/lows and re-center volume accordingly.
⚪ Follow Institutional Activity
Watch for POC clustering near price tops or bottoms.
Large volumes near extremes may indicate accumulation or distribution.
⚪ Spot Fair Value Drift
The fair value trend line (average POC price) gives insight into market equilibrium.
One strategy can be to trade a re-test of the fair value trend, trades are taken in the direction of the current trend.
█ Understanding Buy & Sell Volume Labels (Zone Totals)
These labels show the total buy and sell volume accumulated within each zone over the selected lookback period:
Buy Vol (green label) → Total volume where candles closed bullish
Sell Vol (red label) → Total volume where candles closed bearish
Together, they tell you which side dominated:
Higher Buy Vol → Bullish accumulation zone
Higher Sell Vol → Bearish distribution zone
This gives a quick visual insight into who controlled the zone, helping you spot areas of demand or supply imbalance.
█ Understanding POC Volume Labels
The POC (Point of Control) represents the price level where the most volume occurred within the zone. These labels break down that volume into:
Buy % – How much of the volume was buying (price closed up)
Sell % – How much was selling (price closed down)
Total % – How much of the entire zone’s volume happened at the POC
Use it to spot strong demand or supply zones:
High Buy % + High Total % → Strong buying interest = likely support
High Sell % + High Total % → Strong selling pressure = likely resistance
It gives a deeper look into who was in control at the most important price level.
█ Why It’s Useful
Track where fair value is truly forming
Detect aggressive volume accumulation or dumping
Visually split buyer/seller control at the most relevant price levels
Adapt volume structures to current trend direction
█ Settings Explained
Lookback Period: Number of bars to scan for highs/lows. Higher = smoother zones, Lower = reactive.
Zone Width (% of Range): Controls how much of the range is used to define each zone. Higher = broader zones.
Bins per Zone: Number of volume slices per zone. Higher = more detail, but heavier on resources.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Advanced HFT Detection with VWAP & SpreadsExplanation of the HFT Detection Strategy
🔹 1. Key Indicators Used in the Strategy
It's works by combining VWAP, moving averages (SMA), volume spikes, and price jumps to detect potential HFT activity.
✅ (A) VWAP (Volume Weighted Average Price)
VWAP acts as a benchmark price that professional traders and institutions use to execute large orders.
If price is above VWAP, buyers are in control → Bullish trend
If price is below VWAP, sellers are in control → Bearish trend
HFT algorithms often place buy orders above VWAP and sell orders below VWAP to follow momentum.
➡️ Why VWAP? It ensures that signals follow the institutional trading trend.
✅ (B) Moving Averages (SMA)
Moving averages smooth out price data and help in detecting short-term momentum changes.
Fast Moving Average (5-period SMA): Reacts quickly to price changes
Slow Moving Average (20-period SMA): Identifies trend direction
➡️ Why SMA? It filters noise and confirms short-term trend shifts.
✅ (C) Volume Spike Detection
High-frequency trading is often accompanied by large volume surges. We define a volume spike as:
📌 Current Volume > 2× Average Volume of last 20 bars
➡️ Why Volume? HFTs execute rapid buy/sell orders when they detect liquidity, leading to sudden volume bursts.
✅ (D) Price Jump Detection (Sudden Volatility)
HFT algorithms often exploit quick price movements. We check if the price has moved more than twice the ATR (Average True Range) in the last 5 bars.
➡️ Why ATR? It helps to detect abnormal price movements compared to normal volatility.
🔹 2. Trading Signal Logic
Now that we have VWAP, moving averages, volume, and price movement filters, we generate buy and sell signals based on conditions.
✅ (A) Buy Signal Condition
A BUY signal is triggered when:
✔ Fast SMA crosses above Slow SMA → Short-term trend is turning bullish
✔ Volume spike occurs → HFTs are active
✔ Sudden price jump detected → High volatility
✔ Price is above VWAP → Confirms bullish trend
➡️ Why this works? It confirms that institutional traders & HFTs are buying aggressively.
✅ (B) Sell Signal Condition
A SELL signal is triggered when:
✔ Fast SMA crosses below Slow SMA → Short-term trend is turning bearish
✔ Volume spike occurs → HFTs are selling aggressively
✔ Sudden price drop detected → High volatility
✔ Price is below VWAP → Confirms bearish trend
➡️ Why this works? It confirms that institutional traders & HFTs are selling aggressively.
🔹 3. Visual Representation (Plotting Signals & VWAP)
Once we detect buy and sell signals, we mark them on the chart.
✅ (A) Buy/Sell Markers
🟢 Buy → Green upward arrow below the candle
🔴 Sell → Red downward arrow above the candle
✅ (B) VWAP Line on Chart
We also plot VWAP as a blue line to visualize trend direction.
✅ (C) Highlighting Volume Spikes
To easily spot HFT activity, we highlight volume spike bars with a blue background.
🔹 4. How to Use This Strategy?
1️⃣ Apply this script on a 1-minute or 5-minute intraday chart.
2️⃣ Look for BUY signals above VWAP and SELL signals below VWAP.
3️⃣ Verify that the volume spikes before taking action.
4️⃣ Use stop-loss & risk management (e.g., stop-loss at recent low/high).
🚀 Summary: Why This Strategy Works?
✅ VWAP ensures we follow institutional traders
✅ Volume spikes confirm sudden liquidity inflows
✅ Price jumps detect fast market moves caused by HFT bots
✅ Moving averages smooth out short-term trend shifts
DenP Ichimoku Interpreter (DII)A simple indicator using Ishimoku as a basis, giving entry and exit signals.
Components of the Ichimoku Cloud
The Ichimoku system consists of multiple lines that help traders understand market trends, momentum, and potential reversals.
1. Tenkan-Sen (Conversion Line) - Blue
Formula: (Highest High + Lowest Low) / 2 over the last 9 periods (default).
Purpose: Measures short-term trend direction.
Interpretation:
Upward movement: Indicates bullish momentum.
Downward movement: Indicates bearish momentum.
Flat line: Indicates consolidation.
2. Kijun-Sen (Base Line) - Red
Formula: (Highest High + Lowest Low) / 2 over the last 26 periods (default).
Purpose: Represents medium-term trend.
Interpretation:
Price above Kijun-Sen: Bullish signal.
Price below Kijun-Sen: Bearish signal.
Flat Kijun-Sen: Market in consolidation.
3. Senkou Span A (Leading Span A) - Light Green
Formula: (Tenkan-Sen + Kijun-Sen) / 2, plotted 26 periods ahead.
Purpose: Forms one of the Ichimoku Cloud boundaries.
Interpretation:
If Senkou Span A is rising, the market is bullish.
If Senkou Span A is falling, the market is bearish.
4. Senkou Span B (Leading Span B) - Light Red
Formula: (Highest High + Lowest Low) / 2 over the last 52 periods, plotted 26 periods ahead.
Purpose: Forms the second boundary of the Ichimoku Cloud.
Interpretation:
If price is above the cloud, the market is in a strong uptrend.
If price is below the cloud, the market is in a strong downtrend.
If price is inside the cloud, the market is consolidating.
5. Kumo (Cloud)
The area between Senkou Span A and Senkou Span B is shaded.
Green Cloud (Span A above Span B): Bullish trend.
Red Cloud (Span B above Span A): Bearish trend.
The thickness of the cloud represents market volatility.
6. Chikou Span (Lagging Line) - Green
Formula: Current closing price plotted 26 periods back.
Purpose: Confirms trend direction.
Interpretation:
Chikou Span above price 26 periods ago: Bullish.
Chikou Span below price 26 periods ago: Bearish.
Buy and Sell Conditions
The indicator generates buy and sell signals based on Ichimoku components.
1. Kijun Cross (Medium-Term Trend)
Buy Signal: When the closing price crosses above the Kijun-Sen (red line).
Sell Signal: When the closing price crosses below the Kijun-Sen.
2. Cloud Breakout (Senkou Span Cross)
Buy Signal:
When Senkou Span A is above Senkou Span B, and the price crosses above the cloud.
Indicates a strong uptrend.
Sell Signal:
When Senkou Span B is above Senkou Span A, and the price crosses below the cloud.
Indicates a strong downtrend.
3. Chikou Span Confirmation (Momentum Confirmation)
Buy Signal:
If Chikou Span (green) crosses above past price action, it confirms a bullish trend.
Used to validate Kijun and Cloud Buy signals.
Sell Signal:
If Chikou Span crosses below past price action, it confirms a bearish trend.
Visual Signals
The indicator plots triangles on the chart to indicate buy and sell signals:
Kijun Buy Signal: Upward triangle (green).
Kijun Sell Signal: Downward triangle (red).
Cloud Buy Signal: Upward triangle (green) near the cloud.
Cloud Sell Signal: Downward triangle (red) near the cloud.
Chikou Confirmation Buy: Upward triangle (green, confirming previous signals).
Chikou Confirmation Sell: Downward triangle (red, confirming previous signals).
Additional Features
Customizable Colors & Settings: Users can adjust colors, time periods, and display settings.
On-Chart Table: Displays current trend interpretations for easy reference.
How to Use the Indicator?
Check the Cloud Position:
Price above the cloud = bullish.
Price below the cloud = bearish.
Price inside the cloud = consolidation.
Look for Kijun Crosses:
Buy when price crosses above Kijun-Sen.
Sell when price crosses below Kijun-Sen.
Confirm with Chikou Span:
If Chikou Span supports the buy/sell signal, it's more reliable.
Use Cloud Breakouts for Trend Reversals:
If price moves from below to above the cloud = strong buy.
If price moves from above to below the cloud = strong sell.
Supertrend and Fast and Slow EMA StrategyThis strategy combines Exponential Moving Averages (EMAs) and Average True Range (ATR) to create a simple, yet effective, trend-following approach. The strategy filters out fake or sideways signals by incorporating the ATR as a volatility filter, ensuring that trades are only taken during trending conditions. The key idea is to buy when the short-term trend (Fast EMA) aligns with the long-term trend (Slow EMA), and to avoid trades during low volatility periods.
How It Works:
EMA Crossover:
1). Buy Signal: When the Fast EMA (shorter-term, e.g., 20-period) crosses above the Slow EMA (longer-term, e.g., 50-period), this indicates a potential uptrend.
2). Sell Signal: When the Fast EMA crosses below the Slow EMA, this indicates a potential downtrend.
ATR Filter:
1). The ATR (Average True Range) is used to measure market volatility.
2). Trending Market: If the ATR is above a certain threshold, it indicates high volatility and a trending market. Only when ATR is above the threshold will the strategy generate buy/sell signals.
3). Sideways Market: If ATR is low (sideways or choppy market), the strategy will suppress signals to avoid entering during non-trending conditions.
When to Buy:
1). Condition 1: The Fast EMA crosses above the Slow EMA.
2). Condition 2: The ATR is above the defined threshold, indicating that the market is trending (not sideways or choppy).
When to Sell:
1). Condition 1: The Fast EMA crosses below the Slow EMA.
2). Condition 2: The ATR is above the defined threshold, confirming that the market is in a downtrend.
When Not to Enter the Trade:
1). Sideways Market: If the ATR is below the threshold, signaling low volatility and sideways or choppy market conditions, the strategy will not trigger any buy or sell signals.
2). False Crossovers: In low volatility conditions, price action tends to be noisy, which could lead to false signals. Therefore, avoiding trades during these periods reduces the risk of false breakouts.
Additional Factors to Consider Adding:
=> RSI (Relative Strength Index): Adding an RSI filter can help confirm overbought or oversold conditions to avoid buying into overextended moves or selling too low.
1). RSI Buy Filter: Only take buy signals when RSI is below 70 (avoiding overbought conditions).
2). RSI Sell Filter: Only take sell signals when RSI is above 30 (avoiding oversold conditions).
=> MACD (Moving Average Convergence Divergence): Using MACD can help validate the strength of the trend.
1). Buy when the MACD histogram is above the zero line and the Fast EMA crosses above the Slow EMA.
2). Sell when the MACD histogram is below the zero line and the Fast EMA crosses below the Slow EMA.
=> Support/Resistance Levels: Adding support and resistance levels can help you understand market structure and decide whether to enter or exit a trade.
1). Buy when price breaks above a significant resistance level (after a valid buy signal).
2). Sell when price breaks below a major support level (after a valid sell signal).
=> Volume: Consider adding a volume filter to ensure that buy/sell signals are supported by strong market participation. You could only take signals if the volume is above the moving average of volume over a certain period.
=> Trailing Stop Loss: Instead of a fixed stop loss, use a trailing stop based on a percentage or ATR to lock in profits as the trade moves in your favor.
=> Exit Signals: Besides the EMA crossover, consider adding Take Profit or Stop Loss levels, or even using a secondary indicator like RSI to signal an overbought/oversold condition and exit the trade.
Example Usage:
=> Buy Example:
1). Fast EMA (20-period) crosses above the Slow EMA (50-period).
2). The ATR is above the threshold, confirming that the market is trending.
3). Optionally, if RSI is below 70, the buy signal is further confirmed as not being overbought.
=> Sell Example:
1). Fast EMA (20-period) crosses below the Slow EMA (50-period).
2). The ATR is above the threshold, confirming that the market is trending.
3). Optionally, if RSI is above 30, the sell signal is further confirmed as not being oversold.
Conclusion:
This strategy helps to identify trending markets and filters out sideways or choppy market conditions. By using Fast and Slow EMAs combined with the ATR volatility filter, it provides a reliable approach to catching trending moves while avoiding false signals during low-volatility, sideways markets.
ATR Levels and Zones with Signals📌 ATR Levels and Zones with Signals – User Guide Description
🔹 Overview
The ATR Levels and Zones with Signals indicator is a volatility-based trading tool that helps traders identify:
✔ Key support & resistance levels based on ATR (Average True Range)
✔ Buy & Sell signals triggered when price enters key ATR zones
✔ Breakout confirmations to detect high-momentum moves
✔ Dynamic Stop-Loss & Take-Profit suggestions
Unlike traditional ATR bands, this indicator creates layered ATR zones based on multiple ATR multipliers, allowing traders to gauge volatility and risk-adjust their trading strategies.
🔹 How It Works
🔸 The script calculates a baseline SMA (Simple Moving Average) of the price.
🔸 ATR (Average True Range) is then used to create six dynamic price levels above & below the baseline.
🔸 These levels define different risk zones—higher levels indicate increased volatility and potential trend exhaustion.
📈 ATR Zones Explained
🔹 Lower ATR Levels (Buying Opportunities)
📉 Lower Level 1-2 → Mild Oversold Zone (Potential trend continuation)
📉 Lower Level 3-4 → High Volatility Buy Zone (Aggressive traders start scaling in)
📉 Lower Level 5-6 → Extreme Oversold Zone (High-Risk Reversal Area)
🔹 If price enters these lower zones, it may indicate a potential buying opportunity, especially if combined with trend reversal confirmation.
🔹 Upper ATR Levels (Selling / Take Profit Zones)
📈 Upper Level 1-2 → Mild Overbought Zone (Potential pullback area)
📈 Upper Level 3-4 → High Volatility Sell Zone (Aggressive traders start scaling out)
📈 Upper Level 5-6 → Extreme Overbought Zone (High-Risk for Reversal)
🔹 If price enters these upper zones, it may indicate a potential selling opportunity or trend exhaustion, especially if momentum slows.
🔹 Sensitivity Modes
🔹 Aggressive Mode (More Frequent Signals) → Triggers buy/sell signals at Lower/Upper Level 3 & 4
🔹 Conservative Mode (Stronger Confirmation) → Triggers buy/sell signals at Lower/Upper Level 5 & 6
📌 Choose the mode based on your trading style:
✔ Scalpers & short-term traders → Use Aggressive Mode
✔ Swing & trend traders → Use Conservative Mode for stronger confirmations
🚀 How to Use the Indicator
🔹 For Trend Trading:
✅ Buy when price enters the lower ATR zones (especially in uptrends).
✅ Sell when price enters the upper ATR zones (especially in downtrends).
🔹 For Breakout Trading:
✅ Breakout Buy: Price breaks above Upper ATR Level 3 → Momentum entry for trend continuation
✅ Breakout Sell: Price breaks below Lower ATR Level 3 → Momentum short opportunity
🔹 Stop-Loss & Take-Profit Suggestions
🚨 Stop-Loss: Suggested at Lower ATR Level 6 (for longs) or Upper ATR Level 6 (for shorts)
🎯 Take-Profit: Suggested at Upper ATR Level 3 (for longs) or Lower ATR Level 3 (for shorts)
🔹 Why This Indicator is Unique
✔ Multiple ATR layers for better risk-adjusted trading decisions
✔ Combines ATR-based zones with SMA trend confirmation
✔ Both aggressive & conservative trading modes available
✔ Includes automatic stop-loss & take-profit suggestions
✔ Breakout signals for momentum traders
📢 Final Notes
✅ Free & open-source for the TradingView community!
⚠ Risk Warning: Always confirm signals with other confluences (trend, volume, support/resistance) before trading.
📌 Developed by: Maddog Blewitt
📩 Feedback & improvements are welcome! 🚀
Candle Pressure VisualizationCandle Pressure Visualization:
This TradingView indicator visualizes buying and selling pressure, highlighting extreme market sentiment through custom thresholds, color-coded candles, and histograms.
Features Overview
Custom Thresholds:
Allows you to set thresholds for buying and selling pressure (default: 70 and 90).
Buying & Selling Pressure:
Calculates pressure based on the relative position of the close price to the high and low prices of the candle.
Color-Coded Candles:
Enhances candle colors to highlight extreme pressures.
Histograms:
Displays buying and selling pressure as columns.
Extreme Pressure Markers:
Adds visual markers for areas of strong buying or selling.
his script visualizes buying and selling pressure on a TradingView chart, giving a unique perspective on market sentiment. Here's a breakdown of its functionality:
Features
Inputs for Customization
Users can set thresholds for buying and selling pressure (default: 70 and 90, respectively).
Buying and Selling Pressure Calculation
Buying pressure is calculated as the relative distance of the close price from the low.
Selling pressure is the relative distance of the close price from the high.
Handles edge cases like doji candles (where high equals low) by assigning a neutral value of 50%.
Color-Coded Candles
Bullish candles: Enhanced with a bright green (lime) if buying pressure exceeds the threshold.
Bearish candles: Enhanced with a dark red (maroon) if selling pressure exceeds the threshold.
Neutral candles: Gray for doji or balanced sentiment.
Pressure Histograms
Displays buying and selling pressure as column-style histograms with semi-transparent green and red colors.
Markers for Extreme Pressure
Labels highlight areas of extreme buying or selling pressure using small markers at the top or bottom of the chart.
Alerts
Alerts are triggered when buying or selling pressure crosses user-defined thresholds, providing actionable notifications.
Optional Total Pressure Plot
A combined plot of total pressure (buying + selling) is hidden by default for simplicity but can be enabled if needed.
Disclaimer: The information contained in my Scripts/Indicators/Ideas/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, back test, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Systems are only for educational purposes!
IBD Market School [tradeviZion]IBD Market School Indicator: User Guide and Settings Reference
A comprehensive guide to configuring and using the IBD Market School indicator for TradingView
Introduction
The IBD Market School indicator is an advanced market analysis tool that implements Investor's Business Daily's methodology for identifying optimal trading opportunities. By tracking key market indexes and analyzing price and volume patterns, it provides actionable buy and sell signals based on the CANSLIM investment system.
The indicator offers a comprehensive set of features:
Complete Signal System
10 primary buy signals (B1-B10)
Additional buy-side indicators (HH - Higher High, ED - Expired Days)
14 sell signals (S1-S14)
Index Rise 6% signal for Distribution/Stalling Day expiration
Market Health Tracking
Distribution Day detection and counting
Stalling Day identification and validation
Automatic 25-day signal expiration
6% price rise monitoring for signal clearing
Market Condition Analysis
Rally Day detection (major and minor)
Follow-Through Day confirmation
Dynamic market exposure management (0-100%)
Power Trend analysis with multiple states
Risk Management Features
Circuit Breaker system for major declines
Buy Switch system for exposure control
Customizable volume analysis (Nasdaq/S&P 500)
Distribution day clustering detection
Visual Analysis Tools
IBD-style candle display option
Power Trend state visualization
Signal line drawing system
Customizable tooltips and alerts
Proper configuration of the indicator's settings is essential as it affects:
Signal detection sensitivity and accuracy
Market exposure calculations and adjustments
Volume confirmation requirements
Visual display of market conditions and signals
Alert system behavior and notifications
This guide provides detailed explanations of each component and setting to help you optimize the indicator for your trading strategy while maintaining adherence to IBD's proven methodology.
📊 General Settings
This section controls the indicator's tooltip display, alert behavior, and candle visualization preferences.
The General Settings panel allows you to configure tooltip modes, alert types, and candle appearance.
Tooltip Display Mode
Select how detailed the tooltips should be when hovering over signals and indicators:
The three tooltip display modes: Simple (left), Detailed (center), and Market Analysis (right).
Simple Mode
Displays concise signal definitions
Shows basic entry and exit conditions
Focuses on essential trigger points
Perfect for experienced traders
Detailed Mode
Provides in-depth explanations of each buy/sell signal
Shows complete validation criteria and conditions
Includes volume requirements and percentage thresholds
Explains the context and significance of each signal
Market Analysis Mode
Focuses on broad market health metrics
Shows market exposure percentage and trend
Displays buy switch and power trend status
Tracks distribution days and signal buffers
Note: Choose the tooltip mode based on your needs:
- Simple: Provides quick, essential information on signals for fast decision-making
- Detailed: Breaks down conditions for each buy/sell signal, ideal for users wanting in-depth explanations
- Market Analysis: Focuses on broad market health, including exposure, buy switch, distribution days, and trends
Market Exposure Alert System
The indicator alerts you when market exposure levels change, helping you adjust your positions accordingly.
Alert Types
On Close (Recommended)
Triggers only after bar closes
More reliable signals as price action is confirmed
Real-Time
Triggers immediately when conditions are met
Note: Signals may change by bar close
Setting Up Alerts
Click the "..." (More) button on the indicator label "$tradeviZion - IBD Market School"
Select "Add alert on $tradeviZion - IBD Market School..."
In the Create Alert dialog:
Settings tab:
Verify the symbol and timeframe (e.g., NASDAQ:IXIC , 1D)
Condition: Select "$tradeviZion - IBD Market School"
Alert function: Choose "Any alert() function call"
Expiration: Set to "Open-ended alert"
Alert name will auto-populate
Switch to Notifications tab:
Enable "Notify in app" for push notifications in the mobile app
Enable "Show toast notification" for on-screen alerts
Enable "Play sound" and customize duration (e.g., Thin, 10 seconds)
Optional settings:
Send email (requires profile settings configuration)
Webhook URL for POST requests
Send plain text for alternative email format
Click Create to activate the alert
Alert Messages
Message format: "Market exposure change for : Market exposure from % to %"
Example: "Market exposure change for NASDAQ:IXIC : 📈 Market exposure reduced from 100% to 75%"
📈 Arrow indicates exposure increase
📉 Arrow indicates exposure decrease
Messages include previous and new exposure percentages
Note: These alerts specifically track changes in market exposure levels, helping you stay aligned with market conditions. They are essential for maintaining proper position sizing and risk management.
Chart Style Options
IBD-style Candles
Enable to match Investor's Business Daily chart style
For MarketSmith style setup, right-click on chart and go to Settings
Navigate to Symbol tab
Uncheck Body, Borders, and Wicks
Press Alt+R to restore chart view if zoom affects display
To revert to original style, right-click on chart and go to Settings
Navigate to Symbol tab
Check Body, Borders, and Wicks
Color Based on Previous Close
Colors bars based on close vs. previous close
When enabled, determines colors by comparing current close to previous close
Use blue color for closes above previous
Use pink color for closes below previous
📈 Market Exposure Table Settings
Configure how the market exposure information is displayed on your chart.
The Market Exposure Table Settings panel allows you to customize the appearance and layout of the market status display.
Layout Options
• Hide Table
Completely hides the market status display
• Basic (2 Columns)
Shows main indicators in two columns
Compact view without signal list
Ideal for minimalist chart view
• Detailed (2 Columns with Signals)
Displays main indicators plus signal panel
Shows Buy and Sell signals in separate columns
Provides comprehensive market overview
• Stacked (1 Column, Compact)
Vertical layout with single column
Most space-efficient option
Ideal for smaller chart windows
Color Settings
Background : Dark gray background for the table
Text : White text for general information
Buy Signal : Green highlighting for buy signals
Sell Signal : Red highlighting for sell signals
Additional Options
Show Trading Wisdom: Enable rotating trading messages
Displays empowering trading messages
Helps reinforce disciplined trading practices
Updates every 5 bars with new wisdom
Includes tooltips with comprehensive trading guidance
Customizable yellow text color for messages
💹 Buy Signals Settings
This section controls the visibility and behavior of buy signals and related indicators.
The Buy Signals Settings panel allows you to configure signal visibility, volatility calculations, and visual appearance of buy signals.
Signal Display Options
Buy Signals Display : Choose display mode
Show Selected Signals
Hide All
Compact Signals
Individual Signal Toggles
Primary Buy Signals (B1-B10)
Special Indicators (HH, ED)
Understanding Buy Signals
B1: Follow-Through Day (FTD)
Buy on the initial FTD with volume higher than the previous day. You may use an FTD from an index other than the NASDAQ:IXIC , but if you do, you must stay within that index for future Buy and Sell Signals.
B2: Additional Follow-Through
Buy on all additional follow-through days within 25 days from a rally day that closes above the low of the initial follow-through day.
B3: Low Above EMA21
Buy on an up or flat day when the intraday low is at or above the EMA21. Note: Once you have a B3 or B4, you can't have another until it is reset by an S5.
Special Buy Indicators
HH: Higher High (No FTD after Rally)
Triggers when current close exceeds highest point since last confirmed rally. Must not have a Follow-Through Day (FTD). Buy switch turns on when close exceeds last rally's high and turns off if close drops below that high.
ED: Expired Days
Tracks Distribution and Stalling days that have aged out. Days are tracked for a specific trading period and expired days are removed from the count.
Index Rise Settings
Index Rise 6% from DD & SD
Toggle to enable/disable monitoring of price rises above Distribution and Stalling Days. Default value of 6% (adjustable) for monitoring rises above these days.
Understanding Index Rise
This feature tracks significant market recoveries by monitoring when the index rises substantially above Distribution Days (DD) or Stalling Days (SD). When the index rises 6% or more above the closing price of any DD or SD, it indicates a strong market recovery. This is an important signal because it helps identify when the market has shown enough strength to potentially overcome previous distribution periods. When triggered, this signal reduces the distribution day count, effectively acknowledging that the previous distribution pattern may no longer be as relevant due to the market's strong recovery.
B1 Signal Configuration
Volatility Settings
B1 Auto Volatility: Calculates FTD price requirement based on 200-day volatility
B1 Manual Volatility: Fixed value (default 1.245) when auto is disabled
Visual Settings
Label Size: Small (options: Tiny, Small, Normal, Large)
Signal Color: Light green background for buy signals
Text Color: Customizable text color for signal labels
Important Notes
Signal visibility affects both chart display and calculations
Auto volatility is recommended for most users
Manual volatility should only be adjusted by experienced users
Visual settings apply to all enabled buy signals
Confirmation Rules
Price Requirements
Follow-Through Day (B1) thresholds based on 200-day volatility:
Below 0.4% volatility: 0.7% gain required
0.4% to 0.55% volatility: 0.85% gain required
0.55% to 1% volatility: 1% gain required
Above 1% volatility: 1.245% gain required
EMA Breaks (S5/S6): 0.2% threshold below 21 EMA
Downside Reversal (B9): 1.75% high-to-low spread required
Volume Requirements
Distribution Days: Volume > previous day, with -0.20% or more price decline
Stalling Days: Volume ≥ 95% of previous day
Follow-Through Days (B1/B2): Volume > previous day
Accumulation Days (B7): Volume > previous day, close in upper 25% range
Sell Signals Settings
This section controls the visibility and behavior of sell signals and market weakness indicators.
The Sell Signals Settings panel allows you to configure signal visibility and visual appearance of sell signals and market health indicators.
Signal Display Options
Sell Signals Display: Dropdown with options to control signal visibility:
Show Selected Signals
Hide All
Compact Signals
Individual Signal Toggles
Primary Sell Signals: S1-S14 and CB (Circuit Breaker)
Market Health Indicators:
Distribution Days (DD): Indicative of institutional selling. Occurs when:
Market closes down by at least 0.2%
Volume greater than or equal to prior day
Tracked for 25 trading days
Stalling Days (SD): Sign of heavy volume without upside progress. Occurs when:
Market at/near new highs
Closes with small gain (0% to 0.4%)
High volume in lower half of day's range
Understanding Sell Signals
S1: Follow-Through Day Undercut
Sell if the index closes below the low of the initial follow-through day.
S2: Failed Rally Attempt
Sell if the index undercuts the major low of the rally attempt. Market exposure is reduced to zero and the Buy Switch is turned off.
S2ml: Minor Low Undercut
Minor Low undercut of rally attempt. Market exposure is reduced by two. This does not turn off the Buy Switch.
S3: Full Distribution Minus One
Sell after the distribution count increases to one less than the full distribution count.
S4: Full Distribution
Sell after reaching the full distribution count.
S5: Break Below EMA21
Sell if the index closes 0.2% or more below the EMA21. Note: Once you have an S5, S6, or S7, you can't have another until it is reset by a B3.
S6: Overdue Break Below EMA21
Sell if the index closes down 0.2% or more below the EMA21 after 30 days have passed since the last B3 without triggering an S5.
S7: Trending Below EMA21
Sell after S5 on the 5th consecutive day that the high is below the EMA21 and a down day.
S8: Living Below EMA21
Sell after S5 on the 10th and every 5th consecutive day after that (15th, 20th, 25th, etc.) that the high is below the EMA21.
S9: Break Below 50-Day MA
Sell if the index closes below the 50-Day Moving Average. Triggers only if a B6 signal was previously printed.
S10: Bad Break
Sell if the close is down 2.25% or greater in the bottom 25% of the range. Close below the MA50 or intraday high below EMA21.
S11: Downside Reversal
Sell after a Downside Reversal Day, which occurs with:
New High within 13 weeks
Close in bottom quartile of range
Close Down for the day
Spread of 1.75% or greater
S12: Lower Low
Sell after closing below the last marked low as defined by MarketSmith.
S13: Distribution Cluster
Distribution and stalling days increase to four up to eight days within a rolling eight-day period.
S14: Break Below Higher High
Sell after closing below the last marked high that printed a B8 (Higher High).
CB: Circuit Breaker
Triggers when the index drops 10% from the highest high since the FTD (B1) and falls 5% or more below the 50-Day MA intraday.
Buy/Sell Undercut Lines
This section controls the visibility and appearance of important price level lines on your chart.
The Buy/Sell Undercut Lines panel allows you to configure which signal lines are displayed and their visual appearance.
Line Visibility
Buy Signal Lines :
B8 Line: First high above the last pivot high
HH Line: Close above the prior high since last confirmed rally without FTD
Sell Signal Lines :
S1 Line: Close below the initial follow-through day
S2 Line: Undercut of major low
S2ml Line: Minor low undercut
S12 Line: Close below last marked low
S14 Line: Close below last marked high
Line Appearance
Color Settings :
B8: Green (Buy signal)
HH: Green (Buy signal)
S1: Red (Sell signal)
S2: Red (Sell signal)
S2ml: Orange (Modified sell signal)
S12: Purple (Pivot low signal)
S14: Blue (Close below pivot)
Line Style : Dashed (options: solid, dotted, dashed)
Line Width : 1 (adjustable)
📈 Rally Signal Settings
The Rally Signal Settings panel allows you to configure Rally Day detection and visualization.
Rally Day:
Toggle to enable/disable Rally Day signals. These mark the beginning of potential market uptrends when the market closes higher than the previous day, following a significant decline.
Visual Settings:
Label Size: small (options: tiny, small, normal, large)
Background Color: Customizable background for Rally Day labels
Text Color: Customizable text color for Rally Day labels
Distribution Day Settings:
Use Manual FullDDcount: Option to manually set the minimum combined number of Distribution and Stalling Days
Count Value: Default is 6 days (adjustable when manual mode is enabled)
This setting determines how many Distribution/Stalling Days are required to trigger a new rally
Pivot Point Settings
The Pivot Point Settings panel allows you to configure the display of high/low points and percentage changes between pivots.
Display Options
Display H/L Points
Toggle to show or hide pivot levels (high and low points) on the chart
%Change
Toggle to display percentage changes between pivot points
Color Settings
Positive % Color : Blue (customizable) - Used for positive percentage changes
Negative % Color : Pink (customizable) - Used for negative percentage changes
Precision Settings
Decimal Places: Set the number of decimal places (default: 2) for:
Pivot point price levels
Percentage change calculations
⚡ Power Trend Settings
This section controls how Power Trend information is visualized on your chart.
The Power Trend Settings panel allows you to configure how trend states are displayed and customize their visual appearance.
Example of Power Trend visualization showing both boxes (green background) and trend lines. The boxes indicate trend state while lines show trend transitions.
Display Options
Show Power Trend Line : Display trend states as lines on the chart
Show Boxes : Display trend states as boxes
Show Background : Display trend states as background colors
Power Trend Color Settings
On : Light green - Full power trend active
Resume : Light green - Power trend resuming
Off : Gray - Power trend inactive
With Floor : Yellow - Under pressure with support
No Floor : Orange - Under pressure without support
Power Trend Line Settings
Line Width : Set line thickness (default: 1)
Line Offset : Adjust line position (default: 5)
Power Trend Box Settings
Text Align : Set text alignment (left, center, right)
Text Position : Set vertical position (top, middle, bottom)
Size : Set box size (tiny, small, normal, large)
Color : Customize box background color
Power Trend States
Full Power (On)
Represents strongest market condition with maximum exposure of +7
Base maximum exposure of 5 plus 2 buffer signals
Buffer allows maintaining high exposure during normal pullbacks
2 sell signals reduce count from 7 to 5 without affecting base
Indicates very healthy market that can absorb normal profit-taking
Resume State
Shows successful market recovery after pressure period
Requires 10+ days without S2 minor, S9, or S13 signals
Must reestablish all initial strength conditions
Maintains same benefits as Full Power (+7 max, +2 floor)
Shows as light green in visualization
Under Pressure With Floor
First warning stage triggered by S2 minor or S13 signals
Reduces maximum exposure to +5
Maintains minimal protection with +1 floor
Suggests defensive positioning while keeping core positions
Shows as yellow in visualization
Under Pressure No Floor
Severe warning stage triggered by S9 signal
Maintains +5 maximum exposure but removes floor protection
Indicates higher risk of continued market decline
Requires careful position management
Shows as orange in visualization
Power Trend Off
Triggered by EMA/MA crossdowns with declining price
Can also be activated by S2 or Circuit Breaker signals
Maximum exposure limited to +5 with no buffer signals
Suggests focus on capital preservation
Shows as gray in visualization
Power Trend System Rules
Each state enforces strict exposure limits with automatic floor and ceiling adjustments
Power Trend can activate Buy Switch when entering Full Power state
Restraint Rule limits exposure to +2 until significant progress or B4 signal when starting from zero exposure
State transitions immediately update exposure limits and Buy Switch status
Distribution Cluster (S13) can move Power Trend to Under Pressure With Floor state
System maintains exposure floors to prevent panic selling while allowing flexibility below floor levels
Weekly SMAs Settings
The Weekly SMAs Settings panel allows you to configure the weekly moving averages display and calculations.
SMA 1: 10 periods (enabled), Red
Length: 10
Optional EMA toggle
Width: 1
SMA 2: 20 periods, Pink
Length: 20
Optional EMA toggle
Width: 1
SMA 3: 30 periods, Green
Length: 30
Optional EMA toggle
Width: 1
SMA 4: 40 periods (enabled), White
Length: 40
Optional EMA toggle
Width: 1
SMAs Settings
The SMAs Settings panel allows you to configure the daily moving averages display and calculations.
MA 1: 10 periods, Optional EMA, Pink
Length: 10
Optional EMA toggle
Width: 1
MA 2: 21 periods (enabled), EMA, Green
Length: 21
EMA enabled
Width: 1
MA 3: 50 periods (enabled), SMA, Red
Length: 50
EMA disabled
Width: 1
MA 4: 200 periods (enabled), SMA, White
Length: 200
EMA disabled
Width: 1
Volume Settings (NASDAQ & S&P 500)
This section controls volume data sources for market analysis. Proper volume settings are crucial for confirming market signals and analyzing institutional participation.
The Volume Settings panel allows you to configure volume data sources and custom ticker options for accurate market analysis.
Important Volume Source Information
TradingView's default volume data differs from IBD's Yahoo Finance data source
Current default settings (IXIC and TVOL) provide the most accurate results compared to IBD signals
Volume differences between TradingView and IBD are expected due to different data sources
Custom ticker options are provided for future compatibility with Yahoo Finance volume data
Volume Configuration
Nasdaq Volume Settings
Default Source: NASDAQ:IXIC (Nasdaq Composite Index)
Custom Ticker Option: USI:TVOL.NQ
Enable custom source by checking "Use Custom Nasdaq Ticker?"
Note: Custom ticker must be price-based for accurate volume analysis
S&P 500 Volume Settings
Default Source: TVOL (S&P 500 Total Volume)
Custom Ticker Option: USI:TVOL.NY
Enable custom source by checking "Use Custom S&P 500 Ticker?"
Note: Custom ticker must be price-based for accurate volume analysis
Volume Analysis Impact
Used for Distribution Day confirmation
Required for Follow-Through Day validation
Helps identify institutional buying/selling
Critical for Stalling Day detection
Recommendations
Keep default settings for most accurate current results
Only use custom tickers if you have confirmed price-based volume sources
Be aware that volume-based signals might slightly differ from IBD due to data source differences
Future updates may add Yahoo Finance volume compatibility
Market Status Table
The Market Status Table provides a real-time visual overview of current market conditions and signal status. Users can customize the table's appearance through the Market Exposure Table Settings.
The Market Status Table can be displayed in three different layouts: Basic (left), Detailed (center), and Stacked (right).
Layout Options
Hide Table
Completely hides the market status display
Basic (2 Columns)
Shows main indicators in two columns
Compact view without signal list
Ideal for minimalist chart view
Detailed (2 Columns with Signals)
Displays main indicators plus signal panel
Shows Buy and Sell signals in separate columns
Provides comprehensive market overview
Stacked (1 Column, Compact)
Vertical layout with single column
Most space-efficient option
Ideal for smaller chart windows
Main Indicators
• Market Exposure
Displayed as colored dots: 🟠 🟢 🟢 🟢 🟢
Shows current exposure level (0-100%)
(⚪ ⚪ ⚪ ⚪ ⚪): 0% exposure
(🟠 ⚪ ⚪ ⚪ ⚪): 30% exposure
(🟠 🟡 ⚪ ⚪ ⚪): 55% exposure
(🟠 🟡 🟢 ⚪ ⚪): 75% exposure
(🟠 🟡 🟢 🟢 ⚪): 90% exposure
(🟠 🟡 🟢 🟢 🟢): 100% exposure
• Key Status Indicators
Buy Switch: Shows ON (forced) or OFF status
Power Trend: Displays current state with floor and maximum values
Restraint Rule: Indicates ON or OFF status
Count / Signals Buffer: Shows current count and available buffer (e.g., "7 / (+0)")
Dist. Days / Cluster: Displays distribution day count and cluster status (e.g., "1 / 0")
• Signal Panel (Available in Detailed layout)
Lists all active Buy and Sell signals
Highlighted signals indicate currently active conditions
Green highlighting shows confirmed signals
Provides quick reference for all available signals
Status Indicator Colors
🟢 indicates "ON" or positive conditions (e.g., Buy Switch ON, Power Trend Full Power)
🟡 indicates "Under Pressure" or caution (e.g., Power Trend Under Pressure With Floor)
🟠 indicates "Under Pressure No Floor" or increased caution
🔴 indicates "OFF" or negative conditions (e.g., Buy Switch OFF, Power Trend OFF)
• Signal Colors
Green background for buy signals
Red background for sell signals
Black text on signal backgrounds for better visibility
• Number Formats
Count / Buffer signals shown as "7 / (+2)"
Distribution Days / Cluster count shown as "1 / 0"
Exposure percentage shown with dots (e.g., "90%")
Trading Wisdom - Market Risk Management
"The key to successful trading is not just knowing when to enter, but managing your exposure based on market health. Always check two critical indicators before any trade:
1. Market Exposure Levels
100% (5 dots): Full positions in strong market
90% (4 dots): Slightly reduced positions
75% (3 dots): Moderate positions, more cautious
55% (2 dots): Half positions only
30% (1 dot): Small positions only
0% (0 dots): Stay in cash
2. Distribution Days Risk Levels
1-2 Days: Normal market behavior
3 Days: Caution - reduce new positions
4+ Days: High risk - defensive positioning
5-6 Days: Consider moving to cash
Remember: It's better to miss an opportunity than to catch a falling market. Let the Market Exposure Table be your guide to smart position sizing."
Pro Tip: Make checking these two indicators part of your daily routine. They're your first line of defense against major drawdowns.
Conclusion
The IBD Market School indicator brings William O'Neil's proven methodology to TradingView, providing a comprehensive system for market analysis and risk management. This tool automates the complex task of tracking market signals while maintaining strict adherence to IBD's time-tested principles.
Key Features
Follows IBD's core methodology for identifying market direction
Automates tracking of Distribution Days, Follow-Through Days, and market signals
Provides clear market exposure guidance through the Power Trend system
Helps maintain discipline through systematic Buy Switch control
Offers multiple layers of risk management
Best Practices
Always check Market Exposure and Distribution Day count before making trades
Let the Buy Switch guide your market participation
Follow Power Trend states for proper position sizing
Use the default volume settings for most accurate signal generation
Monitor all confirmation rules for proper signal validation
Remember: This indicator is designed to replicate IBD's methodology as closely as possible within TradingView's environment. While it automates signal detection and exposure management, successful trading still requires discipline, patience, and strict adherence to risk management principles.
"The goal is not to be right about the market - it's to make money by following the market's signals and managing risk."
