EMA Candle Close StrategyThis is a simple script which overlays the 200, 55, 21, 13 and 8 EMA's and suggest a buy and sell based on if the 8,13 and 21 EMA's have crossed the 55 EMA and the close is also above the 55 EMA for the candle. This is a popular strategy used and is best used on the Daily or the Hourly chart. In particular I have had success with the 'Daily' chart.
More features will be added soon with variations that can be turned off or on in the options.
By default the strategy assumes you are starting with $1000 and a commission rate of 0.26% which is the typical taker fee for crypto exchanges, but you can change this in the settings.
Cerca negli script per "TAKE"
Noro's CrossLimitStrategy for altcoin/bitcoin currency pairs. Do not use for pairs of type coin/USD with this strategy. You need the taker fee to be zero, or ribate. Because this strategy has very frequent trades.
A simple moving average (SMA) is used to determine the trend.
If not enable Anti-Saw filter
- If candle closing price is higher than SMA - uptrend started
- If candle closing price is lower than SMA - downtrend started
If enable Anti-Saw Filter
- If low candles are higher than SMA - uptrend started
- If high candles are lower than SMA - downtrend started
Only limit orders are created at SMA price and towards the trend.
TradingView Alerts to MT4 MT5 + dynamic variables NON-REPAINTINGAccidentally, I’m sharing open-source profitable Forex strategy. Accidentally, because this was aimed to be purely educational material. A few days ago TradingView released a very powerful feature of dynamic values from PineScript now being allowed to be passed in Alerts. And thanks to TradingConnector, they could be instantly executed in MT4 or MT5 platform of any broker in the world. So yeah - TradingConnector works with indices and commodities, too.
The logic of this EURUSD 6h strategy is very simple - it is based on Stochastic crossovers with stop-loss set under most recent pivot point. Setting stop-loss with surgical precision is possible exactly thanks to allowance of dynamic values in alerts. TradingConnector has been also upgraded to take advantage of these dynamic values and it now enables executing trades with pre-calculated stop-loss, take-profit, as well as stop and limit orders.
Another fresh feature of TradingConnector, is closing positions only partly - provided that the broker allows it, of course. A position needs to have trade_id specified at entry, referred to in further alerts with partial closing. Detailed spec of alerts syntax and functionalities can be found at TradingConnector website. How to include dynamic variables in alert messages can be seen at the very end of the script in alertcondition() calls.
The strategy also takes commission into consideration.
Slippage is intentionally left at 0. Due to shorter than 1 second delivery time of TradingConnector, slippage is practically non-existing. This can be achieved especially if you’re using VPS server, hosted in the same datacenter as your brokers’ servers. I am using such setup, it is doable. Small slippage and spread is already included in commission value.
This strategy is NON-REPAINTING and uses NO TRAILING-STOP or any other feature known to be faulty in TradingView backtester. Does it make this strategy bulletproof and 100% success-guaranteed? Hell no! Remember the no.1 rule of backtesting - no matter how profitable and good looking a script is, it only tells about the past. There is zero guarantee the same strategy will get similar results in the future.
To turn this script into study so that alerts can be produced, do 2 things:
1. comment “strategy” line at the beginning and uncomment “study” line
2. comment lines 54-59 and uncomment lines 62-65.
Then add script to the chart and configure alerts.
This script was build for educational purposes only.
Certainly this is not financial advice. Anybody using this script or any of its parts in any way, must be aware of high risks connected with trading.
Thanks @LucF and @a.tesla2018 for helping me with code fixes :)
CCI Stochastic and a quick lesson on Scalping & Trading SystemsHello traders
Still on holidays but I don't and will never forget you <3
I realize more and more that you guys don't only want some indicators and learn about pinescript. You also want some guidance and get some mentors providing you with comprehensive and simple trading methods and tricks.
I'm against those posting many scripts a day that in the end will make you lose your money because they don't give you the methodology to use them
It might look nice on the charts but we're not here to do some painting.... but to improve our lifestyle right :)
The today indicator is based on an indicator that I used for scalping : Fxcodebase CCI Stochastic
A CCI stochastic is very reactive and allows us to take many scalps trades per day with a few pips/USD gain for each trade. I don't recommend novice traders to use it and I strongly recommend everyone reading my disclaimer below basically saying "I'm not a financial advisor, don't be dumb, stay safe"
(I also recommend the few scripts copy-pasters to read my disclaimer as well)
What's a novice trader, sir? Well... thanks for asking. A novice trader is any trader with less than 5 years of live trading experience
From a pinescript perspective, this script will be however interesting for everyone :)
How to use it?
The indicator gives 3 possible entries for Longs and Shorts:
- Arrows at Enter - Will give signals whenever the Stoch CCI will enter in the BUY/SELL zone
- Arrows at Exit - Will give signals whenever the Stoch CCI will exit the BUY/SELL zone
- Arrows at Center - Signals whenever the Stoch CCI will cross the mid-line (50)
All arrows have different colors because ... painting is cool and nice.... kidding.... it gives clearer and more readable signals on the chart (but painting sir...)
A possible trading method could be to use the 3 modes at the same time to get the maximum of opportunities.
The safer bet is to use the "Arrows at Exit" only mode but for those who want to accumulate more scalping positions, adding the "Arrows at Enter" mode is an option as well. In other words, you accumulate a few scalping positions whenever the Stoch CCI get in the BUY/SELL zone and will stop accumulating whenever it will exit the BUY/SELL zone
You can add a few extra positions whenever the Stoch CCI will cross the mid-line as it often translates in a trend continuation
Life hack
Very important note : (probably the most important gem I shared until now) The inputs set by default will have to be changed for your asset/timeframe and can't be generic for everything. You have to play with the inputs until the signals will make sense to you
The indicator/strategy with a unique configuration that you'll never check or update according to the market condition DOES NOT exit.
If you find such a tool and prove me that you're making constant gains with it over a year, please patent it and then show it to me as I'd like to study it to replicate :) But most likely this is a myth/unicorn
Who I am to say this? Well, I worked in a Bank with real traders and I have a good sense of what works and what will certainly not work
My guru said scalping crypto in 1 second timeframe was the way to get rich quick. Do you agree sir?
But in trading, this is not because you take the maximum of trades possible that your gains will increase. This is the contrary.
There is a strong and proven inverse correlation between the number of trades taken and how fast you'll burn your capital. A swing trader taking 2/3 trades a month is more likely to beat 99% of the scalpers out there trying to predict all market movements. (and I'm not even talking about how dangerous it is to scalp with leverage)
You're starting to know me a bit more right now. I prefer to tell you what you need to hear vs what you want to hear because the second option doesn't allow to stay in the game very long.
I might lose some futures clients along the way by saying that but for my own conscience and ethics, I prefer to warn about the true risks of trading and to select who you listen very carefully (the advice also works for me, if you feel what I said doesn't make sense, this is totally your right but I hope this is because I'm french and not because of the content ^^).
See you tomorrow for another indicator or idea
Love you all
Dave
____________________________________________________________
Be sure to hit the thumbs up. Building those indicators take a lot of time and likes are always rewarding for me :) (tips are accepted too)
- If you want to suggest some indicators that I can develop and share with the community, please use my personal TRELLO board
- I'm an officially approved PineEditor/LUA/MT4 approved mentor on codementor. You can request a coaching with me if you want and I'll teach you how to build kick-ass indicators and strategies
Jump on a 1 to 1 coaching with me
- You can also hire for a custom dev of your indicator/strategy/bot/chrome extension/python
Disclaimer:
Trading involves a high level of financial risk, and may not be appropriate because you may experience losses greater than your deposit. Leverage can be against you.
Do not trade with capital that you can not afford to lose. You must be aware and have a complete understanding of all the risks associated with the market and trading. We can not be held responsible for any loss you incur.
Trading also involves risks of gambling addiction.
Please notice I do not provide financial advice - my indicators, strategies, educational ideas are intended to provide only some source code for anyone interested in improving their trading
The proprietary indicators and strategies developed by Best Trading Indicator, the object of intellectual property rights are and remain the exclusive property of Best Trading Indicator, at the exclusion of images and videos and texts free of rights or provided by the Company or external legal or physical person.
No assignment of intellectual property rights is carried out through these Terms and Conditions.
Any total or partial reproduction, modification or use of these properties for any reason whatsoever is strictly prohibited without the express written authorization of the Company.
Simplest volatility bandsVolatility bands based on average candle percentage spread. Tested on BTCUSD charts only.
Based on the 68-95-99.7 rule, it seems that the spread, for daily and 4-H candles, follows a normal distribution: that means, around 85% of candles have a %-spread within sma(low/high, some_len) and sma(high/low, some_len) , and around 95% of candles within the pow2 of that range.
If you take the mean between the boundaries of the first %-spreads band, and calculate the 1.5 standard deviation of past some_len candles (I'm speaking from memory, it has been a while since I did them), the 1.5 standard deviation bands match similarly the %-spread bands, and around 85% of the candles are within these %-spread bands.
If you then take the pow2 of the bands, it will be similar to the 2 * std of the original bands, with around 95% of data within the pow2 bands.
You can take ema or other similar means with similar results, and the same for different lengths, but it seems that sma with a len of 14 is the more stable ones for both daily and 4-H, and taken other average calculations doesn't cause too many differences respect to the sma. I haven't tested too much for lower or higher timeframes.
With those %-spread bands, I multiple and divide those spreads to the open value of a new candle to get the two bands.
So, in short, you know that 85% of candles are within the closer bands, and around 95% of candles, around the bigger one. Once a new candle is born, the bands won't move (the bands are calculated from the previous candle, so the current candle's price movement doesn't move the band).
Going out the bands implies a sudden increase in volality, which usually causes rejection. They happen mostly at breakouts and ends of heavy trends. If a candle closes above the bigger band, you have probably got a breakout (a rejection rarely happens if the candle have already closed), although a breakout can happen without closing above the bands if volatility was already high.
If a trend is already stablished and is healthy, you won't probably see candles going out the bands, not even with a wick. When the trend is parabolic, and goes above the candle, the trend has probably ended, although the trend can be exhausted without going out the bands as well.
Heavy but not yet exhausted trends (specially recently started heavy downtrends), usually reach the bottom of the bigger bands during 4 o 5 contiguous candles (check visually looking at bitcoin history though, I'm speaking from memory).
So, the possibilities are multiple and you cannot use the bands to form a strategy, as usual. It can be comfortable enough psycologically for going to sleep, by moving your stop-loss to a point out of the bands in the opposite direction of your trade, and adjusting your position size accordingly; or just to check momentum looking at how close are the candle limits to the bands.
But, as usual, you are responsible of what you do with your money :)
Silent TraderSilent Trader strategy by Covax v.1
Strategy based on crossing of two moving averages.
Includes all necessary options for risk management.
Applicable only for 1H timeframe and for any pairs.
Huge net profit to drawdown ratio. No repaint 100%.
Current backtest results include taker fees on BitMEX.
Edge of MomentumThe script was designed for the purpose of catching the rocket portion of a move (the edge of momentum).
Long
--When RSI closes over 60, take long order 1 tick above that bar. The closed bar above RSI 60 will be colored "green" or whatever color the user chooses. (RSI > 60)
--On a long position, exit will be a closed bar below the ema (low, 10) . The closed bar below the ema will be colored "yellow." (Price < ema)
--Note: On a long position there is no need to exit when a closed bar is colored "purple." RSI is just below 60 but above 40. Pullback or chop
Short
--When RSI closes below 40, take a short order 1 tick below that bar. The closed bar below RSI 40 will be colored "red." RSI<40)
--On a short position, exit will be a closed bar above the ema (low, 10). The closed bar above the ema will be colored "purple." (Price > ema)
--Note: On a short position there is no need to exit when a closed bar is colored "yellow."
Note: You may see a series of purple and yellow bars, that is simply chop. I define chop as RSI moving between 60 and 40.
Trade should only be taken above green colored candle(long) and below red colored candle (short). No position should be taken off yellow or purple candle (chop)
Again this is designed to catch the momentum part of a move, and to help reduce some entries during chop. It is a simple systems that beginning traders can use and profit from.
Note: I don't no shit about coding scripts I just learn from reading others.
Enjoy. If you decide to use please drop me a line...suggestions/comments, etc.
Best of luck in all you do.
Entry Stop 1:1This is a tool similar to the Long Position & Short Position tools, however it shows your entry, stop and 1:1 scale-out point with slippage.
By default it uses a 0.2% taker fee and 0.2% slippage estimate on entry & stop.
Quadruple Kaufman Adaptive Moving AverageFour Kaufman Adaptive Moving Averages in one script. Useful for identifying trends and setting points to add to positions / exit trades. KAMA's are great for keeping you in trending markets and avoiding sideways chops and ranges. Try them out by tweaking the fast/slow ma's and lengths to get the right set for your charts that removes the thinking about whether to be long or short and when to add to positions.
A suggested trading strategy is to tweak the ma's (often you'll want larger values) until they span the price action well on past trends. Then each time price action closes and crosses one of your KAMA lines is an opportunity to add to your position. Once all lines are cleared and you've loaded up your position, hopefully your average price of entry falls short of the highest KAMA line's value. Once this happens you don't need to get out the trade until such time as a price close crosses again that largest KAMA line. For eager profit takers, close positions once any KAMA line is crossed once you're successfully loaded up on a direction.
I use this script with a renko chart and values -> 26 length 6 fast ma 100 slow ma, 26 8 100, 26 10 100, 26 12 100 and it's good to see these moving averages, unlike regular moving averages, bend around choppy action that come when trends pause, keeping me successfully in winning trades. Give it a try.
Simple profitable trading strategyThis strategy has three components.
Philakones EMAs are a sequence of five fibonacci EMAs. They range from 55 candles (green) to 8 candles (red) in length. A strong trend or breakout is marked by the emas appearing in sequence of their length from 8 to 55 or vice versa. These EMAs are also used to signal an exit. Only two EMAs are used for exit signals - when the 13 EMA crosses over/under the 55 EMA.
RSI gives a bullish signal when 40 > rsi > 70. Exit signals are oversold (30) or overbought (70)
Stochastics give a bullish signal when stoch < 80 and an exit signal when > 95.
Results include 3 ticks of slippage and taker fees of .002. Provides a pretty smooth equity curve with a 73% win rate and beats buy and hold by than 10x (returns about 60x overall) since start of 2017.
EMA50Diff & MACD StrategyOne of my attempts to create a strategy for BTC.
Its a combination of EMA50Diff (the difference between spot and EMA50) and MACD.
Buy signal if (EMA50Diff) < -(EMADiffThreshold),
(MACD bearish crossunder),
(MACD) < -(MACDThreshold),
(EMA50Diff) > (EMA50Diff 1 candle ago),
(EMA50Diff 1 candle ago) < (EMA50Diff 2 candles ago)
Sell signal if (EMA50Diff) > (EMADiffThreshold),
(MACD bullish crossover),
(MACD) > (MACDThreshold),
(EMA50Diff) < (EMA50Diff 1 candle ago),
(EMA50Diff 1 candle ago) > (EMA50Diff 2 candles ago)
Exit either when target or stoploss get reached.
Initial capital is set to 100k and its currently going all-in on every trade but im looking for a better way to handle position sizes already..
Also i included slippage of 30 ticks and exchange commission of 0.15% (e.g. 2x BitMEX market taker fee)
Works best on 15m on bitfinex, bitstamp and gdax and i'm still trying to optimize it for bitmex too, will update when i got there..
Estimate exchange/broker fee commission from trade volumeThis script is used to estimate how much an exchange/broker makes off a particular pair/symbol. If Coinbase(GDAX) has a 0.25% taker fee and a 0.15% maker fee per trade and you estimate the average commission fee at 0.19% then you simple input that, and how many periods you'd like to know the total fee for (30 periods on the 1 day chart = last 30 days, 28 periods on 4 hour chart = last 7 days, etc).
This is for broad estimates of a single pair and only works well on exchanges that show only the volume on that exchange (stock markets may be less useful for this tool).
THIS TOOL IS TO PROVIDE A BROAD ESTIMATE , NOT AN EXACT FIGURE!
// percentage fee rate is entered as a percent: 3.5=3.5%, not 350%.
// pbtc , the one for calculating the USD value of fees that are in bitcoin, uses the price at time fees were realized. IE chart is on
// 1 day interval and XBARFEE is set at 4, then PBTC gives the USD value as if the exchange sold all btc at the end of each day for
// 4 days. i.e.:
// Day 1: BTCUSD= $5000 fees=1.5, Day 2: BTCUSD = $5000 fees=3.0, Day 3 BTCUSD = $10,000 fees=1.0, Day 4 BTCUSD = $20,000 fees=1.0
// PBTC would NOT show (1.5+ 3 + 1 + 1) = 6.5 * $20k = $130,000. It would do: (1.5*5000)+(3*5000)... = $52,500.
Open Close Cross Strategy R5 revised by JustUncleLThis revision is an open Public release, with just some minor changes. It is a revision of the Strategy "Open Close Cross Strategy R2" originally published by @JayRogers.
*** USE AT YOUR OWN RISK ***
JayRogers : "There are drawing/painting issues in pinescript when working across resolutions/timeframes that I simply cannot fix here.. I will not be putting any further effort into developing this until such a time when workarounds become available."
NOTE: Re-painting has not been observed with the default set up, nor with Alternate resolution multiplier up to 5.
Description:
Strategy based around Open-Close Moving Average Crossovers optionally from a higher time frame.
Setup:
I have generally found that setting the strategy resolution to 3-5x that of the chart you are viewing tends to yield the best results, regardless of which MA option you may choose (if any) BUT can cause a lot of false positives - be aware of this. JustUncleL: using one of the Smoothed MA helps reduce false positives.
Don't aim for perfection. Just aim to get a reasonably snug fit with the O-C band, with good runs of green and red. JustUncleL: using SMMA (8 to 10) gives a good fit.
Option to either use basic open and close series data, or pick your poison with a wide array of MA types.
Optional Stop Loss and Target Profit for damage mitigation if desired (can be toggled on/off)
Positions get taken automatically following a crossover - which is why it's better to set the resolution of the script greater than that of your chart, so that the trades get taken sooner rather than later.
If you make use of the stops/target profit, be sure to take your time tweaking the values. Cutting it too fine will cost you profits but keep you safer, while letting them loose could lead to more draw down than you can handle.
Revsion R5 Changes by JustUncleL
Corrected cross over calculations, sometimes gave false signals.
Corrected Alternate Time calculation to allow for Daily,Weekly and Monthly charts.
Open Public release.
Revision R4 By JustUncleL
Change the way the Alternate resolution in selected, use a Multiplier of the base Time Frame instead, this makes it easy to switch between base time frames.
Added TMA and SSMA moving average options. But DEMA is still giving the best results.
Using "calc_on_every_tick=false" ensures results between back testing and real time are similar.
Added Option to Disable the coloring of the bars.
Updated default settings.
R3 Changes by JustUncleL:
Returned a simplified version of the open/close channel, it shows strength of current trend.
Added Target Profit Option.
Added option to reduce the number of historical bars, overcomes the too many trades limit error.
Simplified the strategy code.
Removed Trailing Stop option, not required and in my option does not work well in Trading View, it also gives false and unrealistic performance results in back testing.
R2 Changes by @JayRogers:
Simplified and cleaned up plotting, now just shows a Moving Average derived from the average of open/close.
Tried very hard to alleviate painting issues caused by referencing alternate resolution.
ECO Strategy Backtest We call this one the ECO for short, but it will be listed on the indicator list
at W. Blau’s Ergodic Candlestick Oscillator. The ECO is a momentum indicator.
It is based on candlestick bars, and takes into account the size and direction
of the candlestick "body". We have found it to be a very good momentum indicator,
and especially smooth, because it is unaffected by gaps in price, unlike many other
momentum indicators.
We like to use this indicator as an additional trend confirmation tool, or as an
alternate trend definition tool, in place of a weekly indicator. The simplest way
of using the indicator is simply to define the trend based on which side of the "0"
line the indicator is located on. If the indicator is above "0", then the trend is up.
If the indicator is below "0" then the trend is down. You can add an additional
qualifier by noting the "slope" of the indicator, and the crossing points of the slow
and fast lines. Some like to use the slope alone to define trend direction. If the
lines are sloping upward, the trend is up. Alternately, if the lines are sloping
downward, the trend is down. In this view, the point where the lines "cross" is the
point where the trend changes.
When the ECO is below the "0" line, the trend is down, and we are qualified only to
sell on new short signals from the Hi-Lo Activator. In other words, when the ECO is
above 0, we are not allowed to take short signals, and when the ECO is below 0, we
are not allowed to take long signals.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
ECO Strategy We call this one the ECO for short, but it will be listed on the indicator list
at W. Blau’s Ergodic Candlestick Oscillator. The ECO is a momentum indicator.
It is based on candlestick bars, and takes into account the size and direction
of the candlestick "body". We have found it to be a very good momentum indicator,
and especially smooth, because it is unaffected by gaps in price, unlike many other
momentum indicators.
We like to use this indicator as an additional trend confirmation tool, or as an
alternate trend definition tool, in place of a weekly indicator. The simplest way
of using the indicator is simply to define the trend based on which side of the "0"
line the indicator is located on. If the indicator is above "0", then the trend is up.
If the indicator is below "0" then the trend is down. You can add an additional
qualifier by noting the "slope" of the indicator, and the crossing points of the slow
and fast lines. Some like to use the slope alone to define trend direction. If the
lines are sloping upward, the trend is up. Alternately, if the lines are sloping
downward, the trend is down. In this view, the point where the lines "cross" is the
point where the trend changes.
When the ECO is below the "0" line, the trend is down, and we are qualified only to
sell on new short signals from the Hi-Lo Activator. In other words, when the ECO is
above 0, we are not allowed to take short signals, and when the ECO is below 0, we
are not allowed to take long signals.
ECO (Blau`s Ergodic Candlestick Oscillator) We call this one the ECO for short, but it will be listed on the indicator list
at W. Blau’s Ergodic Candlestick Oscillator. The ECO is a momentum indicator.
It is based on candlestick bars, and takes into account the size and direction
of the candlestick "body". We have found it to be a very good momentum indicator,
and especially smooth, because it is unaffected by gaps in price, unlike many other
momentum indicators.
We like to use this indicator as an additional trend confirmation tool, or as an
alternate trend definition tool, in place of a weekly indicator. The simplest way
of using the indicator is simply to define the trend based on which side of the "0"
line the indicator is located on. If the indicator is above "0", then the trend is up.
If the indicator is below "0" then the trend is down. You can add an additional
qualifier by noting the "slope" of the indicator, and the crossing points of the slow
and fast lines. Some like to use the slope alone to define trend direction. If the
lines are sloping upward, the trend is up. Alternately, if the lines are sloping
downward, the trend is down. In this view, the point where the lines "cross" is the
point where the trend changes.
When the ECO is below the "0" line, the trend is down, and we are qualified only to
sell on new short signals from the Hi-Lo Activator. In other words, when the ECO is
above 0, we are not allowed to take short signals, and when the ECO is below 0, we
are not allowed to take long signals.
YM Ultimate SNIPER v6# YM Ultimate SNIPER v6 - Documentation & Trading Guide
## 🎯 ORDERFLOW EDITION | Order Blocks + Liquidity Sweeps + IFVG
**TARGET: 3-7 High-Confluence Trades per Day**
**Philosophy: "Zones That Matter"**
---
## ⚡ WHAT'S NEW IN v6
### Major Additions
| Feature | Description | Orderflow Purpose |
|---------|-------------|-------------------|
| **Order Blocks** | Last opposing candle before significant move | Shows where institutions absorbed orders |
| **Liquidity Sweeps** | Sweep of swing H/L with rejection | Identifies stop hunts / trap reversals |
| **IFVG** | Inverse FVG when price reclaims a gap | Failed institutional move = reversal signal |
| **Zone Quality Score** | 0-10 rating for each zone | Only "zones that matter" display |
| **3-Tier Scoring** | Weak/Medium/Excellent classification | Better trade selection |
| **Enhanced Table** | Larger, categorized, color-coded | Instant situation awareness |
### Orderflow Mindset
This version is built around **institutional order flow concepts**:
1. **Institutions leave footprints** → Order Blocks mark where they filled orders
2. **Retail gets trapped** → Liquidity Sweeps show the trap before reversal
3. **Failed moves reverse hard** → IFVG marks failed institutional attempts
4. **Not all zones are equal** → Quality scoring filters noise
---
## 🎯 QUICK REFERENCE
```
┌─────────────────────────────────────────────────────────────────────────┐
│ YM ULTIMATE SNIPER v6 │
├─────────────────────────────────────────────────────────────────────────┤
│ │
│ SIGNALS: │
│ S🎯 = S-Tier (50+ pts) → HOLD position │
│ A🎯 = A-Tier (25-49 pts) → SWING trade │
│ B🎯 = B-Tier (12-24 pts) → SCALP quick │
│ Z = Zone entry (quality FVG/OB zone) │
│ LS↑ = Bullish Liquidity Sweep (lows swept + rejection) │
│ LS↓ = Bearish Liquidity Sweep (highs swept + rejection) │
│ │
│ ZONES: │
│ 🟦 Blue boxes = Bullish Order Block (buy zone) │
│ 🟪 Pink boxes = Bearish Order Block (sell zone) │
│ 🟩 Green boxes = Bullish FVG (buy zone) │
│ 🟥 Red boxes = Bearish FVG (sell zone) │
│ 🟣 Purple dashed = IFVG (inverse - strong reversal zone) │
│ │
│ SCORE CLASSIFICATION: │
│ EXCELLENT (7.0+) = Full size, high confidence │
│ MEDIUM (4.5-6.9) = Standard size, good setup │
│ WEAK (<4.5) = No signal shown │
│ │
│ SESSIONS (ET): │
│ LDN = 3:00-5:00 AM (London) │
│ NY = 9:30-11:30 AM (New York Open) │
│ PWR = 3:00-4:00 PM (Power Hour) │
│ │
└─────────────────────────────────────────────────────────────────────────┘
```
---
## 📦 ORDER BLOCKS (OB)
### What Are Order Blocks?
Order blocks mark the **last opposing candle before a significant move**. This is where institutional traders absorbed retail orders before moving price in their intended direction.
### Detection Logic (Breaker Style)
```
BULLISH OB:
├── Last BEARISH candle before strong bullish move
├── Move after must be ≥ 1.5x ATR
├── Shows where institutions absorbed selling
└── Expect support when price returns
BEARISH OB:
├── Last BULLISH candle before strong bearish move
├── Move after must be ≥ 1.5x ATR
├── Shows where institutions absorbed buying
└── Expect resistance when price returns
```
### OB Quality Scoring
Each Order Block gets a strength score (0-10) based on:
- **Move strength** after the OB (ATR multiple)
- **Volume** on the OB candle
- **Body ratio** of the OB candle
Only OBs with strength ≥ 4 are displayed.
### Trading Order Blocks
| Scenario | Action |
|----------|--------|
| Price returns to Bull OB + buy delta | Look for LONG |
| Price returns to Bear OB + sell delta | Look for SHORT |
| OB + FVG overlap (thick border) | HIGH PROBABILITY |
| OB tested once (gray) | Still valid, often best entry |
| OB broken (closes through) | Invalidated, removed |
---
## 💎 LIQUIDITY SWEEPS
### What Are Liquidity Sweeps?
A liquidity sweep occurs when price **hunts stop losses** by briefly breaking a swing high/low, then **immediately reverses** back. This is the classic "stop hunt" or "liquidity grab."
### Detection Logic
```
BULLISH SWEEP (LS↑):
├── Price sweeps BELOW a recent swing low
├── Closes BACK ABOVE the swing level
├── Shows lower wick (rejection)
├── Buy delta dominance on the candle
└── SIGNAL: Lows swept, shorts trapped → GO LONG
BEARISH SWEEP (LS↓):
├── Price sweeps ABOVE a recent swing high
├── Closes BACK BELOW the swing level
├── Shows upper wick (rejection)
├── Sell delta dominance on the candle
└── SIGNAL: Highs swept, longs trapped → GO SHORT
```
### Why Sweeps Matter for Orderflow
1. **Retail stops get hit** → Liquidity provided to institutions
2. **Institutions fill orders** → At better prices thanks to the sweep
3. **Price reverses** → Move in intended direction begins
4. **You enter with institutions** → Not against them
### Sweep + Zone = High Probability
When a liquidity sweep happens AT or NEAR an Order Block or FVG zone, the probability increases significantly.
---
## 🔄 IFVG (INVERSE FVG)
### What Is an IFVG?
An Inverse FVG forms when price **fills an FVG and then reclaims it** in the opposite direction. This signals a **failed institutional move**.
### Detection Logic
```
BULLISH IFVG:
├── Bearish FVG was created (gap down)
├── Price fills the gap (tests zone)
├── Price CLOSES ABOVE the gap with buy delta
└── SIGNAL: Bears failed → Strong reversal UP
BEARISH IFVG:
├── Bullish FVG was created (gap up)
├── Price fills the gap (tests zone)
├── Price CLOSES BELOW the gap with sell delta
└── SIGNAL: Bulls failed → Strong reversal DOWN
```
### Why IFVG Is Powerful
- Shows institutional failure → Other side takes control
- Pre-assigned quality score of 8.0 (high priority)
- Often marks significant reversals
- Purple dashed boxes for easy identification
---
## 📊 ZONE QUALITY SCORING
### The "Zones That Matter" Filter
Not all FVGs and OBs are created equal. v6 implements a **Zone Quality Score** (0-10) that filters out low-quality zones.
### Quality Calculation
| Factor | Max Points | How Measured |
|--------|------------|--------------|
| Gap Size | 2.5 | Larger gap = more points |
| Impulse Strength | 2.5 | Stronger move = more points |
| Volume | 2.0 | Higher volume = more points |
| OB Alignment | 2.0 | FVG overlaps with OB = bonus |
| Session | 1.0 | Created in active session = bonus |
### Min Quality Threshold (Default: 6.0)
Zones scoring below this threshold **are not displayed**. Adjust in settings:
- **Conservative**: Set to 7.0+ (fewer, better zones)
- **Standard**: 6.0 (balanced)
- **Aggressive**: 4.0-5.0 (more zones, more noise)
### Visual Quality Indicators
- **Thick border**: Zone aligns with Order Block (high quality)
- **Bright color**: Fresh zone
- **Gray color**: Tested zone (still valid)
- **Removed**: Broken zone (invalidated)
---
## 📊 CONFLUENCE SCORING SYSTEM
### Score Components (Max ~12, normalized to 10)
| Factor | Points | Condition |
|--------|--------|-----------|
| **Tier** | 1-3 | B=1, A=2, S=3 |
| **FVG Zone** | +1.5 | Price in quality FVG |
| **Order Block** | +1.5 | Price in OB |
| **IFVG** | +1.0 | Price in Inverse FVG |
| **Strong Volume** | +1.0 | Volume ≥ 2x average |
| **Extreme Volume** | +0.5 | Volume ≥ 2.5x average |
| **Strong Delta** | +1.0 | Delta ≥ 70% |
| **Extreme Delta** | +0.5 | Delta ≥ 78% |
| **CVD Momentum** | +0.5-1.0 | CVD trending with signal |
| **Liquidity Sweep** | +1.5 | Recent sweep confirms direction |
### Score Classification
| Score | Class | Confidence | Position Size |
|-------|-------|------------|---------------|
| **7.0+** | EXCELLENT | Very High | Full size (100%) |
| **4.5-6.9** | MEDIUM | Good | Standard (75%) |
| **< 4.5** | WEAK | Low | No signal shown |
### Score Displayed in Table
The table shows both the numeric score and classification:
- Green background + "EXCELLENT" = Top tier setup
- Orange background + "MEDIUM" = Decent setup
- Gray + "WEAK" = Below threshold
---
## 📊 ENHANCED TABLE REFERENCE
The v6 table is organized into **4 sections**:
### CANDLE Section
| Row | What It Shows |
|-----|---------------|
| Points | Candle range in points + Tier (S/A/B/X) |
| Volume | Volume ratio + grade (🔥/✓✓/✓/✗) |
### ORDERFLOW Section
| Row | What It Shows |
|-----|---------------|
| Delta | Buy/Sell % + grade (🔥/✓✓/✓/—) |
| CVD | Direction + strength (▲▲ STRONG, ▲ UP, etc.) |
### STRUCTURE Section
| Row | What It Shows |
|-----|---------------|
| FVG Zone | Current zone status + quality score |
| Order Block | OB status (BULL OB / BEAR OB / —) |
| Liq Sweep | Recent sweep status + 🎯 indicator |
### SIGNAL Section
| Row | What It Shows |
|-----|---------------|
| Session | Current session (NY/LDN/PWR/OFF) + 🟢/🔴 |
| SCORE | Numeric score /10 + classification |
### Color Coding
- **🟢 Green/Lime**: Good, meets threshold, bullish
- **🟠 Orange/Amber**: Caution, borderline, medium
- **🔴 Red**: Bad, below threshold, bearish
- **⚪ Gray**: Inactive/neutral
- **🔥**: Extreme/exceptional reading
---
## ✅ ENTRY CHECKLIST v6
Before entering any trade:
### Basic Requirements
- Signal present (S🎯/A🎯/B🎯 or Z)
- Score ≥ 4.5 (MEDIUM or better)
- Session active (LDN/NY/PWR shows 🟢)
### Orderflow Confirmation
- Delta colored (not gray)
- CVD arrow matches direction
- Volume shows ✓ or better
### Structure Bonus (Any = Better)
- In FVG Zone
- In Order Block
- Recent Liquidity Sweep
- IFVG present
### Execute
- Enter at signal candle close
- Stop below/above candle (shown on chart)
- Target at calculated R:R level
---
## 🎯 IDEAL SETUPS (HIGH WIN RATE)
### Setup 1: Sweep + Zone + Tier
```
Conditions:
├── Liquidity Sweep just occurred (LS↑ or LS↓)
├── Price is at Order Block or FVG
├── Tier signal fires (S/A/B)
├── Score: 7+ EXCELLENT
└── Win Rate: ~75-85%
```
### Setup 2: IFVG + Delta Confirmation
```
Conditions:
├── IFVG just formed (purple zone)
├── Strong delta (70%+) in IFVG direction
├── CVD confirming
├── Score: 7+ EXCELLENT
└── Win Rate: ~70-80%
```
### Setup 3: OB + FVG Overlap
```
Conditions:
├── Order Block present
├── FVG zone overlaps with OB (thick border)
├── Price returns to overlap zone
├── Delta confirms direction
└── Win Rate: ~70-78%
```
### Setup 4: Clean Zone Entry
```
Conditions:
├── Quality zone (score 6+)
├── No tier signal but Z entry shows
├── Delta matches zone direction
├── In active session
└── Win Rate: ~65-72%
```
---
## ⛔ DO NOT TRADE
- Session shows "OFF" or 🔴
- Score < 4.5 (WEAK)
- Delta shows "—" (no dominance)
- CVD conflicts with signal direction
- Multiple conflicting zones
- Zone quality < 6
- Major news imminent (FOMC, NFP, CPI)
- Price chopping between zones
---
## 🔧 SETTINGS GUIDE
### Recommended Configurations
**Conservative (2-4 trades/day):**
```
Min Score Medium: 5.5
Min Score Excellent: 7.5
Min Zone Quality: 7.0
Min Volume Ratio: 2.0
Delta Threshold: 65%
```
**Standard (4-6 trades/day):**
```
Min Score Medium: 4.5
Min Score Excellent: 7.0
Min Zone Quality: 6.0
Min Volume Ratio: 1.8
Delta Threshold: 62%
```
**Aggressive (6-8 trades/day):**
```
Min Score Medium: 4.0
Min Score Excellent: 6.5
Min Zone Quality: 5.0
Min Volume Ratio: 1.5
Delta Threshold: 60%
```
---
## 🚨 ALERTS PRIORITY
### Must-Have Alerts
| Alert | Priority | Action |
|-------|----------|--------|
| ⭐ EXCELLENT LONG/SHORT | 🔴 CRITICAL | Drop everything, check NOW |
| 🎯 S-TIER | 🟠 HIGH | Evaluate within 10 seconds |
| 💎 LIQUIDITY SWEEP | 🟠 HIGH | Check for zone confluence |
| 🔄 IFVG | 🟡 MEDIUM | Note reversal potential |
### Useful Context Alerts
| Alert | Purpose |
|-------|---------|
| 📦 NEW OB | Mark institutional zone |
| 📦 NEW FVG | Mark gap zone |
| SESSION OPEN | Prepare to trade |
---
## 📈 TRADE JOURNAL v6
```
DATE: ___________
SESSION: ☐ LDN ☐ NY ☐ PWR
SETUP TYPE:
☐ Sweep + Zone ☐ IFVG ☐ OB+FVG ☐ Zone Entry
TRADE:
├── Time: _______
├── Signal: S🎯 / A🎯 / B🎯 / Z / LS
├── Direction: LONG / SHORT
├── Score: ___/10 (EXCELLENT / MEDIUM)
├── Entry: _______
├── Stop: _______
├── Target: _______
│
├── In FVG Zone: ☐ Yes ☐ No
├── In Order Block: ☐ Yes ☐ No
├── Liquidity Sweep: ☐ Yes ☐ No
├── IFVG Present: ☐ Yes ☐ No
│
├── Result: +/- ___ pts ($_____)
└── Notes: _______________________
DAILY SUMMARY:
├── Trades: ___
├── EXCELLENT setups: ___
├── MEDIUM setups: ___
├── Wins: ___ | Losses: ___
├── Net P/L: $_____
└── Best setup type: _______________________
```
---
## 🏆 GOLDEN RULES v6
> **"Institutions sweep, then move. Wait for the sweep."**
> **"Order Blocks show where they filled. Trade there."**
> **"IFVG = They failed. Take the other side."**
> **"Zone Quality 6+ or walk away."**
> **"EXCELLENT score = Green light. MEDIUM = Yellow light. WEAK = Red light."**
> **"Confluence beats conviction. Stack the factors."**
> **"Leave every trade with money. The next setup is coming."**
---
## 🔧 TROUBLESHOOTING
| Issue | Solution |
|-------|----------|
| No signals | Lower Min Score Medium to 4.0 |
| Too many signals | Raise Min Score Medium to 5.5+ |
| Too many zones | Raise Min Zone Quality to 7.0+ |
| Zones cluttering | Reduce Max Zones to 6-8 |
| OBs everywhere | Raise OB Min Strength to 1.8+ |
| Missing sweeps | Lower Sweep Lookback, reduce Min Wick Ratio |
| Table too small | Change Table Size to "large" |
| Wrong timezone | Check Session Timezone setting |
---
## 📝 TECHNICAL NOTES
- **Pine Script v6** (latest syntax)
- **Works on**: YM, MYM, NQ, MNQ, ES, MES, GC, MGC
- **Auto-detects** instrument for proper point calculation
- **Recommended TF**: 1-5 minute for day trading
- **Min TradingView Plan**: Free (no premium features required)
- **Max visual elements**: 500 labels, 500 boxes, 500 lines
---
*© Alexandro Disla - YM Ultimate SNIPER v6*
*Orderflow Edition | Zones That Matter*
MA Strength Indicator EnhancedThe "MA Strength" is an indicator that measures market trend strength or (in the case of forex pairs) the relative strength of individual currencies based on up to five different moving averages (MA). It offers multiple calculation methods, such as simple summation, normalized value, or measuring ATR/percentage distance from the price. The results are summarized in a clear table, and it provides customizable alerts for trend changes or shifts in currency strength. The high level of configurability (e.g., MA weighting, "all MA alignment" requirement) allows for fine-tuning the strategy.
💬 Interpreting the Table (Top Rows)
The top row of the table shows the final output of the indicator. This changes according to the set "Table Mode".
Trend Mode: The top row shows the final, aggregated trend status (e.g., "BULLISH", "NEUTRAL") and the corresponding "Trend Value". This is the value the indicator compares to its thresholds.
Forex Mode: (Only on 6-character pairs): The top two rows show the strength of the Base currency and the Quote currency separately.
Calculation of the top rows:
The indicator calculates the individual score of all active MAs (according to the chosen method).
Trend Value: This is the final value calculated from the scores.
If "Enable Averaging" is ON, this will be the average of the scores (e.g., MA1 score is 5.0, MA2 score is 7.0 -> Trend Value is 6.0).
If averaging is OFF, this will be the sum of the scores (e.g., 5.0 + 7.0 = 12.0).
Forex Calculation: "Forex Mode" uses this "Trend Value". If the Trend Value is +6.0 (on an EURUSD pair):
The Base currency (EUR) value will be +6.0.
The Quote currency (USD) value will be -6.0.
The indicator compares these values to the thresholds to determine the "STRONG" status for EUR and "WEAK" status for USD.
📊 Calculation Methods
The indicator can calculate trend strength using 5 methods. The final "Trend Value" is derived from the results of these calculations.
Sum:
Description: Simply adds up the individual scores of all enabled moving averages (MA).
Formula: If the price is above an MA, it gets the "Score Above" value (e.g., +2.0); if below, it gets the "Score Below" value (e.g., -2.0).
Example: Result = (MA1 score) + (MA2 score) + ...
Normalized:
Description: Takes the sum obtained by the "Sum" method and converts it to a scale between -100% (maximally bearish) and +100% (maximally bullish). It takes into account the maximum possible positive and negative scores.
Formula: Result = (Total Score / Max Possible Score) * 100
Percentage Distance:
Description: This method also considers distance. The further the price is from the MA in percentage terms, the higher the score.
Formula: MA Score = (|Close Price - MA| / MA * 100) * Weight (The "Weight" is the "Score Above/Below" value set in settings).
ATR Distance:
Description: Similar to percentage distance, but normalizes the distance using volatility via ATR (Average True Range).
Formula: MA Score = (|Close Price - MA| / ATR) * Weight
Candle Count:
Description: Counts how many consecutive candles have been above or below the MA. It multiplies this number by the set weight.
Formula: MA Score = (Number of consecutive candles) * Weight
⚙️ Settings Options
Moving Averages (MA 1-5)
For each moving average, you can set:
Enable MA: Turn the specific MA on or off.
Type: The type of moving average (SMA, EMA, WMA, etc.).
Period: The period of the MA (e.g., 50, 200).
Score Above / Below: The most important setting. This defines the "weight" of the MA in the calculation. In "Sum" mode, this is a fixed score; in distance-based modes, this is a multiplier (weight). It is advisable to write a positive number for "Score Above" and a negative number for "Score Below".
Calculation Settings
Enable Averaging: If this is on, the indicator shows the average of the active MA scores, not the total score.
Exception: This function is not available in "Normalized" mode.
Require All MA Alignment: This is a strict filter. If enabled, the indicator only gives a "BULLISH" (or "STRONG") signal if the price is above all enabled moving averages. Similarly, a "BEARISH" signal only occurs if the price is below all moving averages. If the price is on the opposite side of even just one MA (e.g., above 4, below 1), the status becomes "NEUTRAL", regardless of the scores.
Strength / Trend Thresholds
Enable Extra Levels: If active, statuses are expanded: "EXT. BULLISH" / "EXT. BEARISH" (Trend mode) or "EXT. STRONG" / "EXT. WEAK" (Forex mode). This indicates stronger, overbought/oversold conditions.
Threshold setting: The thresholds (e.g., "Strong Above - ATR") determine when the calculated value counts as a "STRONG" or "WEAK" status.
🔢 Setting Thresholds via Calculation
If "Enable Averaging" is OFF, the "Trend Value" shown in the table will be the sum of the individual MA scores. Therefore, we must define the threshold by adding up the minimum expected performance from each moving average. This allows us to set different expectations for short, medium, and long-term averages.
Step 1: Determine MA weights
In our example, we use 3 active MAs with the following weights (Score Above values):
MA1 (Short): Weight = +2
MA2 (Medium): Weight = +3
MA3 (Long): Weight = +4
Step 2: Determine the minimum expected distance
Define a minimum distance expected from each MA to trigger a "Strong" signal.
Step 3: Calculate target scores and the final threshold
Note: If "Enable Averaging" is ON, the resulting value (sum of target scores) must be
averaged to get the final threshold.
Example 1: ATR Distance
-Goal: I want a "Strong" signal if the price is...
...at least 1.0 ATR above MA1 (Short),
...at least 1.5 ATR above MA2 (Medium),
...and at least 2.0 ATR above MA3 (Long).
-Calculation (Expected Distance * Weight):
MA1 Target Score: 1.0 * 2 = 2.0
MA2 Target Score: 1.5 * 3 = 4.5
MA3 Target Score: 2.0 * 4 = 8.0
-Final Threshold (Sum of Target Scores): 2.0 + 4.5 + 8.0 = 14.5
-Setting: Set "Strong Above - ATR" threshold to 14.5.
If "Enable Averaging" is ON, the obtained value must be averaged, and the result will be the
threshold: 4.8 (14.5 / 3 = 4.83).
Example 2: Percentage Distance
-Goal: I want a "Strong" signal if the price is...
...at least 0.5% above MA1,
...at least 1.0% above MA2,
...and at least 1.5% above MA3.
-Calculation (Expected Distance * Weight):
MA1 Target Score: 0.5 * 2.0 = 1.0
MA2 Target Score: 1.0 * 3.0 = 3.0
MA3 Target Score: 1.5 * 4.0 = 6.0
-Final Threshold (Sum): 1.0 + 3.0 + 6.0 = 10.0
-Setting: Set "Strong Above - Percentage" threshold to 10.0.
If "Enable Averaging" is ON, the obtained value must be averaged, and the result will be the
threshold.
Example 3: Candle Count
-Goal: I want a "Strong" signal if...
...at least 3 consecutive candles are above MA1,
...at least 5 consecutive candles are above MA2,
...and at least 10 consecutive candles are above MA3.
-Calculation (Expected Candle Count * Weight):
MA1 Target Score: 3 * 2.0 = 6.0
MA2 Target Score: 5 * 3.0 = 15.0
MA3 Target Score: 10 * 4.0 = 40.0
-Final Threshold (Sum): 6.0 + 15.0 + 40.0 = 61.0
-Setting: Set "Strong Above - Candle" threshold to 61.0.
If "Enable Averaging" is ON, the obtained value must be averaged, and the result will be the
threshold.
Example 4: Sum
In this mode, distance does not matter, only whether the price is above or below the MA.
-Goal: "Strong" signal if the price is above the long-term averages, but can be below the short-term (MA1).
MA1 (Short): Can be below (Weight: -2.0)
MA2 (Medium): Must be above (Weight: +3.0)
MA3 (Long): Must be above (Weight: +4.0)
-Calculation: -2.0 + 3.0 + 4.0 = 5.0
-Setting: Set "Strong Above - Sum" threshold to 5.0.
If it must be above all three moving averages, the threshold would be 2.0 + 3.0 + 4.0 = 9.0.
If "Enable Averaging" is ON, the obtained value must be averaged, and the result will be the
threshold.
Example 5: Normalized
The basic logic is similar to the "Sum" method.
-Goal: "Strong" signal if price is above MA2 and MA3, but potentially below MA1.
-Calculation: Target Sum: 5.0. Max Possible Score (above all): 9.0.
-Threshold: (5.0 / 9.0) * 100 = 55.5
In this calculation method, averaging cannot be set.
The Usage of the "ATR %" Row
The "ATR %" row shows the percentage movement of an average candle.
How to use this with "Percentage Distance" mode:
This number gives a baseline. It helps decide if the "Percentage Distance" threshold is realistic.
Example: You see the "ATR %" value is hovering around 1.2%. This means a "normal" candle moves about 1.2%.
If you set the Percentage threshold to 0.5%, it is too low. The indicator will constantly give a "Strong" signal because even average movement (noise) exceeds the threshold.
Correct Usage: If "normal" movement is 1.2%, then a "strong" movement (trend) needs to be significantly larger. For example, set the threshold to double the ATR %: 2.4 (2 * 1.2). Thus, you only get a "Strong" signal if the movement is twice the average volatility.
Supplementary Information
Rounding Differences:
The numbers displayed in the table and the precision of calculations in the background differ.
Table Display: The indicator rounds numbers to two decimal places in the table. So, if the value is 0.996, the table shows 1.00 (rounded up).
Internal Calculation: The background calculation uses much higher precision. When determining status (STRONG vs NEUTRAL), the program compares the precise, unrounded value to the threshold.
Result: Due to rounding, it may happen that if the threshold is 1.00 and the table shows 1.00, the status flickers between Strong and Neutral. If this is bothersome, it is advisable to set a slightly lower threshold (e.g., 0.98).
🔔 Alert Settings
The indicator can send alerts when the status changes.
Alert Method:
Trend: Alerts when the main trend status changes (e.g., from "NEUTRAL" to "BULLISH"). You can specify which direction to alert for (e.g., only "BULLISH").
Forex: Works only on 6-character forex pairs. You can set separate alerts for the Base or Quote currency.
Forex Strength Level: You can specify at which status level to alert (e.g., "WEAK" or "EXT. STRONG").
📈 Trading Tips
Trend Confirmation: Use the "BULLISH" / "BEARISH" status to confirm your existing strategy (e.g., breakouts, bounces off support).
Forex Pairing: In Forex mode, look for pairs where the Base currency is "STRONG" and the Quote currency is "WEAK" (or "EXT. STRONG" / "EXT. WEAK") for a long position.
Short Position: Reverse the above (Base: WEAK, Quote: STRONG).
Session Markers - JDK AnalysisSession Markers is a tool designed to study how markets behave during specific, recurring time windows. Many traders know that price behaves differently depending on the day of the week, the time of the day, or particular market sessions such as the weekly open, the London session, or the New York open. This indicator makes those recurring windows visible on the chart and then analyzes what price typically does inside them. The result is a clear statistical understanding of how a chosen session behaves, both in direction and in strength.
The script works by allowing the trader to define any time window using a start day and time and an end day and time. Every time this window occurs on the chart, the indicator highlights it with a full-height vertical band. These visual markers reveal patterns that are otherwise difficult to detect manually, such as whether certain sessions tend to trend, reverse, consolidate, or create large imbalances. They also help the trader quickly scan through historical price action to see how the market has behaved under similar conditions.
For every completed session window, the indicator measures how much price changed from the moment the window began to the moment it ended. Instead of using raw price differences, it converts these changes into percentage moves. This makes the measurement consistent across different price ranges and market regimes. A one-percent move always has the same meaning, whether the asset is trading at 100 or 50,000. These percentage moves are collected for a user-selected number of past sessions, creating a dataset of how the market has behaved in the chosen time window.
Based on this dataset, the indicator generates several statistics. It counts how many past sessions closed higher and how many closed lower, producing a directional tendency. It also computes the probability of an upward session by dividing the number of positive sessions by the total. More importantly, it calculates the average percentage movement for all sessions in the lookback period. This average move reflects not just the direction but also the magnitude of price changes. A session with frequent small upward moves but occasional large downward moves will show a negative average movement, even if more sessions ended positive. This creates a more realistic representation of true market behavior.
Using this average movement, the script determines a “Bias” for the session. If the average percentage move is positive, the bias is considered bullish. If it is negative, the bias is bearish. If the values are very close to zero, the bias is neutral. This way, the indicator takes both frequency and impact into account, producing a magnitude-aware assessment instead of one that only counts wins and losses. A sequence such as +5%, –1% results in a bullish bias because the overall impact is strongly positive. On the other hand, a series of small gains followed by a large drop produces a bearish bias even if more sessions ended positive, because the large move dominates the average. This provides a far more truthful picture of what the market tends to do during the chosen window.
All relevant statistics are displayed neatly in a small panel in the top-right corner of the chart. The panel updates in real time as new sessions complete and older ones fall out of the lookback range. It shows how many sessions were analyzed, how many ended up or down, the probability of an upward move, the average percentage change, and the final bias. The background color of the panel instantly reflects that bias, making it easy to interpret at a glance.
To use the tool effectively, the trader simply needs to define a time window of interest. This could be something like the weekly opening window from Sunday to Monday, the London open each day, or even a unique custom window. After selecting how many past sessions to analyze, the indicator takes care of the rest. The vertical session markers reveal the structure visually. The statistics summarize the historical behavior objectively. The magnitude-weighted bias provides a realistic indication of whether the window tends to produce upward or downward movement on average.
Session Markers is helpful because it translates repeated market timing behavior into measurable data. It exposes hidden tendencies that are easy to feel intuitively but hard to quantify manually. By analyzing both direction and magnitude, it prevents misleading interpretations that can arise from looking only at win rates. It helps traders understand whether a session typically produces meaningful moves or just small noise, whether it tends to trend or reverse, and whether its behavior has recently changed. Whether used for bias building, session filtering, or deeper market research, it offers a structured framework for understanding the market through time-based patterns.
Morning ORB FVG Trigger✅ Overview
Morning ORB FVG Trigger is a complete intraday trading framework built around:
A Morning Opening Range Breakout (ORB)
The first Fair Value Gap (FVG) after that breakout
Strict risk management and position sizing
Optional HTF trend filter (Daily / Weekly / Monthly)
Optional Daily ATR filter to avoid extreme days
The script is designed for futures / indices / FX on intraday charts up to 15 minutes and for traders who want a clean, mechanical entry framework with clear risk.
🧠 Core idea
Define a morning opening range (e.g. 09:30–09:45).
Wait for a clean breakout above/below that range.
After the breakout, wait for the first FVG in breakout direction,
confirmed by the next candle (no immediate full reclaim).
Use a chosen stop logic + R:R factor to build risk/reward boxes.
Calculate position size based on your account risk.
(Optional) Only take trades:
In the direction of the HTF EMA trend (D/W/M).
On days where the morning range is within a band of the Daily ATR.
You can also disable all signals/boxes and use the script just as a visual ORB tool.
⏰ 1. ORB / Morning Range
Inputs (Main section)
Morning Range Session
Time window of the opening range in exchange time
Example: 09:30–09:45 for a 15-minute ORB.
You can type custom ranges (e.g. 09:30–09:35 for a 5-minute ORB).
Risk/Reward (TP factor)
Multiplier for the take-profit distance relative to the stop.
2.0 = TP is 2× the stop distance
1.5 = TP is 1.5× the stop distance
Show ORB range
If enabled, draws:
ORB high/low lines
ORB labels (e.g. 15min ORB high / low)
Optional midline
Extend ORB lines to the right (bars)
How many bars to extend the ORB high/low horizontally beyond the ORB itself.
Trade box width (bars)
Horizontal width (in bars) of:
Red risk box (entry–stop)
Green reward box (entry–TP)
Implementation details
The ORB is always calculated on 1-minute data internally, so it stays precise even on 5m/15m charts.
The script only works on intraday timeframes up to 15 minutes.
📦 2. FVG Block
Group: “FVG”
Threshold %
Minimum size of an FVG in % of price.
0 = every FVG
Higher values = only larger gaps
Auto threshold (from volatility)
If enabled, the minimum FVG size is derived from historical volatility
instead of a fixed percentage.
Allow breakout FVG partly inside ORB
Off (default): the FVG must lie fully outside the ORB.
On: the breakout FVG itself may still overlap the ORB a bit,
as long as it is the first one attached to the breakout move.
Enable FVG entry signals, boxes & alerts
On: full system – FVG detection, entry labels, risk/TP boxes, alerts.
Off: no entries, no risk/TP boxes, no alerts.
You only get the ORB and (optionally) the HTF dashboard, so you can trade your own setups.
Entry mode
Entry mode (Mid / Edge / NextOpen)
Mid – Entry at the midpoint of the FVG.
Edge – Long at the upper FVG edge, short at the lower FVG edge.
NextOpen – No limit order in the gap. Entry is placed at the next bar open after FVG confirmation.
Edge offset (ticks)
Additional offset for Edge entries:
Long:
+ticks = a bit above the FVG (more conservative)
-ticks = deeper into the FVG (more aggressive)
Short:
+ticks = a bit below the FVG
-ticks = deeper into the FVG
FVG detection logic
Uses a LuxAlgo-style 3-candle FVG pattern (gap between candle 1 and 3).
Only one FVG is taken: the first valid FVG after the ORB breakout in breakup direction.
The FVG candle is the middle bar; the script:
Detects the FVG on the previous bar.
Waits for the current bar to confirm it:
Bullish: current low must stay above the lower FVG boundary
Bearish: current high must stay below the upper FVG boundary
Only then an entry signal is generated.
🛑 3. Stop Logic
Group: “Stop Logic”
Stop mode (PrevBar / Pivot / FVG Candle)
PrevBar – Stop at the low/high of the candle before the FVG
(tight/aggressive).
FVG Candle – Stop at the low/high of the FVG candle itself
(medium).
Pivot – Stop at the most recent swing high/low
using pivotLeft / pivotRight pivots (more conservative).
Ticks (stop buffer)
Offset (in ticks) from the selected stop level.
> 0 = further away (more room, more risk)
< 0 = closer (tighter stop)
Pivot left / Pivot right
Number of candles left/right to define a swing high/low
when using Pivot stop mode.
Typical intraday values: 2–3.
The script also sanity-checks the stop:
if the calculated stop would be invalid (e.g. above entry in a long), it moves it by a minimal distance (2 ticks) to keep a valid risk.
📈 4. HTF Trend Filter (Daily / Weekly / Monthly)
Group: “HTF Trend Filter”
Enable HTF trend filter
If enabled, trades are only allowed:
Long when at least 2 of D/W/M closes are above their EMA
Short when at least 2 of D/W/M closes are below their EMA
EMA length (D/W/M)
EMA length for all three higher timeframes (Daily, Weekly, Monthly).
This helps focus entries in the direction of the dominant higher-timeframe trend.
📊 5. ATR Filter (Daily)
Group: “ATR Filter (Daily)”
Use daily ATR filter
If enabled, the height of the ORB (ORB high – ORB low) must be within
a band of the Daily ATR to allow any signals.
Daily ATR length
ATR period on the Daily timeframe.
Min ORB size vs ATR
Lower bound:
Example: 0.3 → ORB must be at least 0.3 × Daily ATR
0.0 = no minimum.
Max ORB size vs ATR
Upper bound:
Example: 1.5 → ORB must be ≤ 1.5 × Daily ATR
0.0 = no maximum.
If the ORB is too small (choppy) or too large (exhausted move), no breakout or FVG signal will be generated on that day.
🧭 6. HTF Dashboard & Signal Labels
Group: “HTF Trend Dashboard”
Show HTF dashboard
Draws a small label at the top of the chart showing:
HTF Trend (EMA X)
D: UP/FLAT/DOWN
W: UP/FLAT/DOWN
M: UP/FLAT/DOWN
Dashboard position
Top Right, Top Center, Top Left – places the dashboard at the top.
Over Risk Info – no top dashboard; instead, the HTF trend info is shown as a label near the risk box when a new signal appears.
Lookback (bars) for top anchor
How many bars to use to determine the top price level for dashboard placement.
Show HTF trend above risk box on signal
Only relevant if Dashboard position = Over Risk Info.
When enabled, a small HTF label appears near the risk box for each new trade.
Signal label vertical offset (ticks)
Vertical spacing between risk info label and HTF label.
Minimum spacing HTF/Risk (ticks)
Ensures a minimum vertical distance so the two labels don’t overlap.
HTF signal label X offset (bars)
Horizontal offset (left/right) relative to the risk info label.
⏳ 7. ORB–FVG Filters (Session & Time Window)
Group: “ORB FVG Filter”
Only same session day
If enabled, FVG entries are only allowed on the same calendar day
as the ORB. When the date changes, all state & drawings are reset.
Limit hours after ORB
Enables a time window after the ORB end.
Trading window after ORB (hours)
Length of that window in hours.
Example: 2.0 → FVG signals only in the first 2 hours after ORB end.
💰 8. Risk Management & Position Sizing
Group: “Risk Management”
Calculate position size
If enabled, the script computes suggested mini and micro contract size for you.
Account size
Your trading account size (in account currency).
Risk mode
Percent – risk is a % of account size (Account risk %).
Fixed amount – risk is a fixed dollar amount (Fixed risk ($)).
Account risk %
Risk per trade as a percentage of account size (e.g. 1.0 for 1%).
Fixed risk ($)
Fixed risk per trade in dollars when using Fixed amount mode.
Micro factor (vs mini)
How much a micro contract is worth relative to a mini.
Example:
0.1 → one micro moves 1/10 of one mini.
Risk Info label
For each new trade, a label is shown above the boxes with:
Stop distance in price and $ risk per mini
Max risk allowed for the trade
Suggested mini and micro size
Text like:
Suggested: 2 mini
Suggested: 5 micro
or Suggested: no trade
This makes the script especially useful for prop-firm rules or strict risk discipline.
🎨 9. Visual Style (Boxes, Labels, ORB Lines)
Group: “Box & Label Style (Trade)”
Label font size (Very small, Small, Normal, Large)
Entry label BG / text color
Stop label BG / text color
TP label BG / text color
Risk info BG / text color
Risk box color (entry–stop zone)
Reward box color (entry–TP zone)
Group: “ORB Style”
ORB high line color
ORB low line color
ORB line width
ORB label font size
ORB label background color
ORB label text color
Show ORB midline
ORB midline color / width / style (Solid / Dashed / Dotted)
⚠️ 10. Alerts
Group: “Alerts”
The script defines three alert conditions:
Long entry FVG breakout
Triggered when a new long signal appears.
Short entry FVG breakout
Triggered when a new short signal appears.
FVG entry (long/short)
Generic alert for any new signal (long or short).
To use them:
Add the indicator to the chart.
Open the Alerts dialog → “Condition”.
Select this script and one of the alert conditions.
Set your preferred expiration and notification settings.
Alerts only fire when Enable FVG entry signals, boxes & alerts is on.
🧩 11. How the trading logic flows (summary)
Build ORB on 1-minute data during the selected session.
Optionally reject the day if ORB is outside the ATR bounds.
Wait for a breakout (close above high or below low), respecting HTF trend filter.
After breakout, look for the first valid FVG in that direction:
Outside the ORB (unless breakout FVG allowed inside)
Confirmed by the next candle (no full reclaim)
Once confirmed:
Compute entry, stop, target.
Draw risk/reward boxes and all labels.
Optionally show HTF signal label over the risk info.
Trigger alerts if enabled.
If you disable FVG signals, only steps 1–3 (plus dashboard) are effectively active.
⚠️ 12. Notes & Disclaimer
Script is intended for intraday trading up to 15-minute timeframes.
All signals are mechanical and do not guarantee profitability.
Always backtest and forward-test on your own data before risking real money.
This script is for educational purposes only and is not financial advice.
🚀 Quick-start guide
Add the script to your chart
Use an intraday timeframe ≤ 15 minutes (1m, 3m, 5m, 15m).
Works best on liquid indices, futures, FX and large-cap stocks.
Set the Morning Range
In “Morning Range Session” choose the exchange’s opening window.
Examples
US index futures (CME): 08:30–08:45 or 08:30–08:35
US stocks (NYSE/Nasdaq): 09:30–09:45 or 09:30–09:35
The ORB is always calculated on 1-minute data internally, so the range stays accurate on higher intraday charts.
Keep the default filters at first
HTF Trend Filter: ON
EMA length = 20
This will only allow trades in the direction of the dominant D/W/M trend.
ATR Filter: OFF (optional; you can enable later once you’re comfortable).
Use the full trade system
In the FVG group leave
“Enable FVG entry signals, boxes & alerts” = ON
Entry mode: Mid
Stop mode: FVG Candle or PrevBar
Risk/Reward: 2.0 as a starting point.
Set your risk
Turn on “Calculate position size”.
Enter your Account size and choose either:
Risk mode = Percent (e.g. 1.0 = 1% per trade), or
Risk mode = Fixed amount (e.g. $250 per trade).
The risk info label will show:
Stop distance in price and $/contract
Max allowed risk
Suggested mini and micro contract size.
Enable alerts (optional)
Open the Alerts dialog → Condition: this script.
Choose one of:
Long entry FVG breakout
Short entry FVG breakout
FVG entry (long/short)
Choose “Once per bar” or “Once per bar close”, and your preferred notification type.
Replay & journal
Use the TradingView bar replay tool to step through past days.
Focus on:
How the ORB defines the structure.
How the first confirmed FVG outside the ORB behaves.
Whether the risk/TP levels fit your own style and product.
🎛 Recommended settings & profiles
These are starting points, not rules. Always adapt to the instrument and your own risk tolerance.
1. Conservative / Trend-following
Timeframe: 5m or 15m
Morning Range Session: 15-minute ORB around the cash or futures open
FVG
Threshold %: 0.05–0.1 (filter out very small gaps)
Auto threshold: OFF (keep it simple)
Allow breakout FVG partly inside ORB: OFF
Enable FVG entry signals/boxes/alerts: ON
Entry mode: Mid
Stop Logic
Stop mode: Pivot
Pivot left/right: 2–3
Stop buffer: +1–2 ticks
HTF Trend Filter
Enabled: ON
EMA length: 20
ATR Filter
Enabled: ON
Daily ATR length: 14
Min ORB vs ATR: 0.3–0.4
Max ORB vs ATR: 1.2–1.5
Risk Management
Risk mode: Percent
Account risk: 0.5–1.0%
Idea: Only trade when the higher-timeframe trend supports the move and the opening range is of a “normal” size for the current volatility.
2. Balanced / Intraday directional
Timeframe: 3m or 5m
FVG
Threshold %: 0.02–0.05
Auto threshold: ON (lets the script adapt to volatility)
Allow breakout FVG partly inside ORB: ON
(first breakout FVG may partly sit inside the ORB)
Entry mode: Edge
Edge offset (ticks): 0 or +1
Stop Logic
Stop mode: FVG Candle
Stop buffer: 0–1 ticks
HTF Trend Filter
Enabled: ON
ATR Filter
Enabled: OFF (optional)
Risk Management
Risk mode: Percent
Account risk: 1.0–1.5% (if this fits your plan)
Idea: Slightly more aggressive entries at the gap edge, still aligned with HTF trend, but with more flexibility on ATR.
3. Aggressive / Scalping around the ORB
Timeframe: 1m or 3m
FVG
Threshold %: 0.0–0.02
Auto threshold: ON
Allow breakout FVG partly inside ORB: ON
Entry mode: NextOpen or Edge with a negative offset (deeper into the gap)
Stop Logic
Stop mode: PrevBar
Stop buffer: 0 or -1 tick
HTF Trend Filter
Enabled: OFF (or ON but treat as soft guidance)
ATR Filter
Enabled: OFF
Risk Management
Risk mode: Percent
Account risk: lower, e.g. 0.25–0.5% per trade
Idea: More trades and tighter stops. Best for experienced traders who understand the limitations of scalping and whipsaw risk.
Final reminder
All of these are templates, not guarantees:
Always check how the system behaves on your market and session.
Start on replay and demo before trading real money.
Adjust filters (HTF, ATR, thresholds) until the signals fit your personal approach.
Zonas de Liquidez Pro + Puntos de GiroAnalysis of Your BTC/USDT 4H Chart
Here’s the breakdown of the liquidity zones shown on your chart and what each element means:
🔴 Resistance Zones (Red Lines)
R 126199.43 – Upper dotted line
Level: ~$126,199
Strength: = Moderate zone
Touch count: 1 touch | 1 rejection
Meaning: Weak resistance, price has only reacted here once.
Dotted line = few historical rejections.
R 111263.81 – Thick solid red line
Level: ~$111,263
Strength: = Strong zone
Touch count: 3 touches | 2 rejections
Meaning: Major resistance level, strongly defended multiple times.
Solid, thicker line = very respected zone.
R 111250.01 – Solid red line (high strength)
Level: ~$111,250
Strength: = Extremely strong
Touch count: 5 touches | 4 rejections
Meaning: This is a critical zone, heavy liquidity stacked here.
Score 19 = institutional-grade liquidity zone.
R 107508.00 – Lower dotted line
Level: ~$107,508
Strength: = Strong zone
Touch count: 4 touches | 1 rejection
Meaning: Previously acting as resistance, now above current price.
💧 “LIQ” Markers – Liquidity Grabs
The yellow LIQ tags signal liquidity grabs.
Pattern detected:
Price taps the strong resistance around $111,263
Wicks above → triggers stop-losses
Closes back below → fake breakout
High volume → institutional stop-hunting
This led directly to the strong downside move.
🎯 Current Price Context
Current price: ~$91,533
Price is below all major resistance zones
Market structure is bearish
Price is far from major liquidity areas
📉 What Happened
The 111k resistance cluster acted as a massive ceiling
Multiple failed breakouts = institutional selling
Liquidity grabs at the top → trap for late buyers
Price then dumped from $111k to $91k (≈ -18%)
🎲 Probable Scenarios
Bullish Scenario 📈
If price returns to the $107,508 zone → first resistance test
Break with volume → target $111,250
Needs a confirmed close above to validate a breakout
Bearish Scenario 📉
If demand remains weak → continuation lower
Watch for new demand zones forming below price
Rejection from $107k–$111k would confirm bearish continuation
🔍 Key Signals to Watch
Bullish:
Price revisits resistance zone
Liquidity grab below support (fake breakdown)
Strong close back above with volume
Bearish:
New lows below $91k
Volume increasing on down moves
New resistance forming overhead
💡 Trading Approach
If you're a buyer (long bias):
Wait for price to pull into a strong demand zone
Look for bullish rejection + volume
Stop-loss below the zone
If you're a seller (short bias):
Ideal entry already happened at 111k (liquidity trap)
Look for a pullback into $107k–$111k
Watch for bearish rejection signs
Conservative Approach
Don’t trade in the middle of nowhere
Wait for price to reach a liquidity zone
Liquidity zones act as magnets → safest places to form trades
🎓 Key Takeaways
High-score zones like are extremely difficult to break → respect them
Liquidity grabs signaled the reversal perfectly
Strong rejections at 111k = smart money unloading
Thicker solid lines = more reliable levels
TheStrat Failed 2 + 2 Continuation FTFC AlignmentTheStrat “Failed 2 + FTFC Alignment” spots a specific reversal/continuation pattern and layers on higher-timeframe confirmation so newer traders can focus on clean, high-probability setups.
WHAT IT LOOKS FOR
- A Failed 2 bar (price breaks the prior high/low but closes back through its open).
• Failed 2D (bullish): price takes out the previous low but finishes green.
• Failed 2U (bearish): price takes out the previous high but finishes red.
- The very next bar must be a true “2” continuation in the opposite direction (2U after a Failed 2D or 2D after a Failed 2U). This is the classic “2-2 reversal/continuation” from TheStrat playbook.
WHY IT MATTERS
When a failed 2 immediately resolves into a clean 2, it signals that buyers or sellers have seized control. These moves often become momentum pushes, especially if the broader timeframes agree.
HIGHER-TIMEFRAME FILTER
- Checks Monthly, Weekly, and 3-Day opens in real time.
- Bull signals only pass when all three are above their opens (full timeframe continuity up).
- Bear signals only pass when all three are below their opens (full timeframe continuity down).
WHAT YOU GET
- Optional labels that mark Failed 2 bars and the confirmed 2-2 signals.
- A compact “FTFC” icon on the exact bar where the continuation qualifies.
- Toggleable intrabar and bar-close alerts (select “Any alert() function call” for real-time alerts).
- A mini panel showing Monthly/Weekly/3-Day arrows so you can verify FTFC at a glance.
- Settings to require the continuation candle to be the same color as the failed bar for extra confirmation.
HOW TO USE
1. Add the script to your chart and confirm the panel arrows are aligned when icons appear.
2. Turn on the bar-close alert conditions for confirmed signals, or enable intrabar alerts for early warnings.
3. Combine the signal with your entry/stop rules (e.g., trigger on break of the signal bar and use the prior swing for risk).
This script serves as training wheels for traders learning TheStrat by automatically filtering for high-quality Failed-2 → 2 reversals that align across multiple timeframes.
Bitcoin Relative Macro StrengthBTC Relative Macro Strength
Overview
The BTC Relative Macro Strength indicator measures Bitcoin's price strength relative to the global macro environment. By tracking deviations from the macro trend, it identifies potentially overvalued and undervalued market phases.
The global macro trend is derived by multiplying the ISM PMI (a widely-used proxy for the business cycle) by a simplified measure of global liquidity.
Calculations
Global Liquidity = Fed Balance Sheet − Reverse Repo − Treasury General Account + U.S. M2 + China M2
Global Macro Trend = ISM PMI × Global Liquidity
Understanding the Global Macro Trend
The global macro trend plot combines the ebb and flow of global liquidity with the cyclical patterns of the business cycle. The resulting composite exhibits strong directional correlation with Bitcoin—or more precisely, Bitcoin appears to move in lockstep with liquidity conditions and business cycle phases.
This relationship has strengthened notably since COVID, likely because Bitcoin's growing market capitalization has increased its exposure to macro forces.
The takeaway is that Bitcoin is acutely sensitive to growth in the money supply (it trends with liquidity expansion) and oscillates with the phases of the business cycle.
Indicator Components
📊 Histogram: BTC/Macro Change
Displays the rolling percentage change of Bitcoin's price relative to the global macro trend.
High values: Bitcoin is outpacing macro conditions (potentially overvalued)
Low values: Bitcoin is underperforming macro conditions (potentially undervalued)
Color scheme:
🟢 Green = Positive deviation
🔴 Red = Negative deviation
📈 Macro Slope Line
Plots the scaled percentage change of the global macro trend itself.
Color scheme:
🔵 Teal = BULLISH (slope positive and rising)
⚪ Gray = NEUTRAL (slope and trend disagree)
🟣 Pink = BEARISH (slope negative and falling)
FieldDescription
BTC/Macro Change : Percentage change of Bitcoin's price vs. the Global Macro Trend (default: 21-bar average)
Macro Trend : Composite assessment combining slope direction and trend momentum. Reads BULLISH when both align upward, BEARISH when both align downward, NEUTRAL when they disagree
Macro Slope : The global macro trend's average slope expressed as a percentage
BTC Valuation : Relative valuation category based on BTC/Macro deviation (Extreme Premium → Extreme Discount)
BTC Price : Current Bitcoin price
How to Use
This indicator is primarily useful for identifying market phases where Bitcoin's price has diverged from the global macro trend.
Identify extremes : Look for periods when the histogram reaches elevated positive or negative levels
Assess valuation : Use the BTC Valuation reading to gauge relative over/undervaluation
Confirm with trend : Check whether macro conditions support or contradict the current price level
Mean reversion : Consider that significant deviations from trend historically tend to revert
Note: This indicator identifies relative valuation based on macro conditions—it does not predict price direction or timing.
Settings
Lookback Period - 21 bars - Number of bars for calculating rolling averages
Macro Slope Scale - 3.0 - Multiplier for macro slope line visibility
