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Probability Grid [LuxAlgo]The Probability Grid tool allows traders to see the probability of where and when the next reversal would occur, it displays a 10x10 grid and/or dashboard with the probability of the next reversal occurring beyond each cell or within each cell. 🔶 USAGE By default, the tool displays deciles (percentiles from 0 to 90), users can enable, disable and modify each percentile, but two of them must always be enabled or the tool will display an error message alerting of it. The use of the tool is quite simple, as shown in the chart above, the further the price moves on the grid, the higher the probability of a reversal. In this case, the reversal took place on the cell with a probability of 9%, which means that there is a probability of 91% within the square defined by the last reversal and this cell. 🔹 Grid vs Dashboard The tool can display a grid starting from the last reversal and/or a dashboard at three predefined locations, as shown in the chart above. 🔶 DETAILS 🔹 Raw Data vs Normalized Data By default the tool displays the normalized data, this means that instead of using the raw data (price delta between reversals) it uses the returns between each reversal, this is useful to make an apples to apples comparison of all the data in the dataset. This can be seen in the left side of the chart above (BTCUSD Daily chart) where normalize data is disabled, the percentiles from 0 to 40 overlap and are indistinguishable from each other because the tool uses the raw price delta over the entire bitcoin history, with normalize data enabled as we can see in the right side of the chart we can have a fair comparison of the data over the entire history. 🔹 Probability Beyond or Within Each Cell Two different probability modes are available, the default mode is Probability Beyond Each Cell, the number displayed in each cell is the probability of the next reversal to be located in the area beyond the cell, for example, if the cell displays 20%, it means that in the area formed by the square starting from the last reversal and ending at the cell, there is an 80% probability and outside that square there is a 20% probability for the location of the next reversal. The second probability mode is the probability within each cell, this outlines the chance that the next reversal will be within the cell, as we can see on the right chart above, when using deciles as percentiles (default settings), each cell has the same 1% probability for the 10x10 grid. 🔶 SETTINGS Swing Length: The maximum length in bars used to identify a swing Maximum Reversals: Maximum number of reversals included in calculations Normalize Data: Use returns between swings instead of raw price Probability: Choose between two different probability modes: beyond and inside each cell Percentiles: Enable/disable each of the ten percentiles and select the percentile number and line style 🔹 Dashboard Show Dashboard: Enable or disable the dashboard Position: Choose dashboard location Size: Choose dashboard size 🔹 Style Show Grid: Enable or disable the grid Size: Choose grid text size Colors: Choose grid background colors Show Marks: Enable/disable reversal markers
Indicatore Pine Script®
di LuxAlgo
11
Multi-Timeframe Price LevelsThis indicator displays key price levels from multiple timeframes on your chart, helping you identify important support and resistance zones. ## Features - **Multiple Timeframes**: View price levels from 4H, Daily, 3-Day, Weekly, and Monthly charts simultaneously - **Customizable Price Types**: Choose to display Open, Close, High, and Low prices - **Color-Coded**: Each timeframe has its own color for easy identification - **Fully Customizable**: Enable/disable specific timeframes and price types as needed ## How to Use 1. Add the indicator to your chart 2. Use the input options to select which timeframes and price types you want to display 3. Look for areas where multiple price levels converge - these often act as strong support/resistance zones ## Color Guide - **Red**: 4-Hour timeframe - **Blue**: Daily timeframe - **Green**: 3-Day timeframe - **Purple**: Weekly timeframe - **Orange**: Monthly timeframe For each timeframe, the transparency varies by price type: - Open: 70% transparency - Close: 50% transparency - High: 30% transparency - Low: 10% transparency (most visible) ## Trading Applications - Identify key support and resistance levels - Spot multi-timeframe confluences for stronger trade setups - Plan entries and exits based on historical price reactions - Set stop losses and take profit targets at significant levels This indicator works best when combined with your existing trading strategy to confirm important price zones.
Indicatore Pine Script®
di AAAAAA2020
Falcon SignalsThis script is a TradingView Pine Script for a trading strategy called "Falcon Signals." It combines multiple technical indicators and strategies to generate buy and sell signals. Here’s a breakdown of what the script does: 1. Supertrend Indicator: The script calculates the Supertrend indicator using the Average True Range (ATR) and a specified multiplier (factor). The Supertrend is used to define the trend direction, with a green line for an uptrend and a red line for a downtrend. 2. EMA (Exponential Moving Average): Two EMAs are used: a fast EMA (9-period) and a slow EMA (21-period). The script checks for crossovers of the fast EMA above or below the slow EMA as a basis for buying and selling signals. 3. RSI (Relative Strength Index): The RSI (14-period) is used to measure the momentum of the price. A buy signal is generated when the RSI is less than 70, while a sell signal is generated when it’s greater than 30. 4. Take Profit (TP) and Stop Loss (SL): The script allows users to set custom percentages for take profit and stop loss. The take profit is set at a certain percentage above the entry price for buy signals, and the stop loss is set at a percentage below the entry price, and vice versa for sell signals. 5. Trailing Stop: A trailing stop can be enabled, which dynamically adjusts the stop loss level as the price moves in the favorable direction. If the price moves against the position by a certain trailing percentage, the position will be closed. 6. Engulfing Patterns: The script checks for bullish and bearish engulfing candlestick patterns, indicating potential reversals. A bullish engulfing pattern is marked with a teal label ("🔄 Reversal Up"), and a bearish engulfing pattern is marked with a fuchsia label ("🔄 Reversal Down"). 7. Plotting: The script plots various indicators and signals: Entry line: Shows where the buy or sell signal is triggered. Take profit and stop loss levels are plotted as lines. EMA and Supertrend lines are plotted on the chart. Trailing stop line, if enabled, is also plotted. 8. Buy and Sell Labels: The script places labels on the chart when buy or sell signals are triggered, indicating the price at which the order should be placed. 9. Exit Line: The script plots an exit line when the trailing stop is hit, signaling when a position should be closed. 10. Alerts: Alerts are set for both buy and sell signals, notifying the trader when to act based on the strategy's conditions. This strategy combines trend-following (Supertrend), momentum (RSI), and price action patterns (EMA crossovers and engulfing candlestick patterns) to generate trade signals. It also offers the flexibility of take profit, stop loss, and trailing stop features.
Indicatore Pine Script®
di AnasAlOmari
Market Open Highlights (9:30 AM ET)This indicator zeroes in on the 9:30 AM Eastern Time market opens for NAS100 and US30, highlighting all market opens with a bold yet subtle yellow background. Tailored for precision backtesting, it uses TradingView’s timezone capabilities to pinpoint the exact 9:30 AM candle, skipping weekends to focus solely on U.S. equity market opens. What It Does: The script tracks the bar indices of all market opens at 9:30 AM ET, applying a semi-transparent yellow highlight to those candles. It’s a clean, efficient way to mark key session starts for analyzing price action or testing strategies. How to Use It: 1. Apply the script to a chart of NAS100 (e.g., FX:NAS100) or US30 (e.g., FX:US30) in TradingView on any timeframe. 2. Set your chart timezone to "America/New_York" (Settings > Timezone/Sessions). 3. Scroll back through trading days to see the yellow highlights on the 9:30 AM candles. 4. While it functions across all timeframes, it’s optimized for 5-minute and 1-minute charts, where the 9:30 AM candle aligns precisely with the U.S. market open for detailed analysis. 5. Use it to study price behavior or refine strategies around this critical daily event.
Indicatore Pine Script®
di Kaiko808
2013-2025 EclipsesIndicator Description: 2013-2025 Eclipses This Pine Script (version 5) indicator overlays solar and lunar eclipse events on a TradingView chart, covering the period from 2013 to 2025. It is designed for traders and astrology enthusiasts who wish to visualize these significant astronomical events alongside price action, potentially identifying correlations with market movements or key turning points. Features: Eclipses: Visualization: Displayed as a semi-transparent aqua background highlight across the chart. Data: Includes 48 specific eclipse dates (both solar and lunar) from April 25, 2013, to September 21, 2025. Purpose: Highlights dates of eclipses, which are often considered powerful astrological events associated with sudden changes, revelations, or significant shifts in energy and market sentiment. Technical Details: Overlay: The indicator is set to overlay=true, ensuring it displays directly on the price chart rather than in a separate pane. Date Matching: Utilizes a helper function is_date(y, m, d) to determine if the current chart date matches any of the predefined eclipse dates, using TradingView's year, month, and dayofmonth variables. Visualization Method: bgcolor: Applies a light aqua background (using color.new(color.aqua, 85)) on the specific dates of eclipses. The transparency level of 85 allows price action to remain visible through the highlight. Time Range: Spans from April 2013 to September 2025, covering a 12+ year period of eclipse events. Usage: Add the script to your TradingView chart to see eclipse dates highlighted with an aqua background on your chosen symbol and timeframe. The background highlight appears only on the exact dates of eclipses, making it easy to spot these events amidst price data. Ideal for those incorporating astrological analysis into trading or studying the potential impact of eclipses on financial markets. Notes: The script uses a single-line definition for eclipse_dates to ensure compatibility with Pine Script v5 syntax and avoid line continuation errors. The aqua color matches the original circle-based visualization, with transparency adjustable via the color.new(color.aqua, 85) parameter (0 = fully opaque, 100 = fully transparent). Works best on daily or higher timeframes for clear visibility of individual eclipse dates, though it functions on any TradingView-supported timeframe. Eclipse dates should be cross-checked with astronomical sources for critical applications, as the script relies on the provided data accuracy. Purpose: This indicator provides a straightforward way to track eclipses over a 12-year period, offering a visual representation of these potent celestial events. By using a background highlight instead of markers, it maintains chart clarity while emphasizing the specific days when eclipses occur, potentially aiding in the analysis of their influence on market behavior or personal trading strategies.
Indicatore Pine Script®
di jryckman28
CISD with Alerts [neo|]█  OVERVIEW CISD (or Change in State of Delivery) is an ICT concept and reversal pattern which may allow traders to identify reversals or changes in market structure early, compared to using traditional market structure. This script aims to correctly identify, and update these levels and provide alerts, so that traders can take advantage of this concept with ease. █  CONCEPTS Simply put, CISD may be identified when price closes above the open of the candle which started the most recent downtrend or liquidity sweep. Generally, it is most powerful when applied to key points in the market as a confirmation from where you may want price to reverse. For example, when price is in a downtrend, we take the open of the last consecutive downwards candle and observe the CISD once price closes above it, beginning an uptrend. Examples: COMEX:GC1! CME_MINI:NQ1! █  How to use To use the indicator, simply apply it to your chart and modify any of your desired inputs. • Bullish CISD color allows you to change the color of +CISD levels. • Bearish CISD color allows you to change the color of -CISD levels. • Line width allows you to modify the width of +-CISD lines. • Line extension bars allows you to change how far ahead CISD levels are drawn (by default it is 5). • Keep old CISD levels will allow you to preserve all past CISD levels if you would like to observe the logic. • Enable stat table will let you add a table on your chart which will tell you the current CISD trend, as well as your ticker and timeframe. • Table position allows you to customize where the table will appear on your chart.
Indicatore Pine Script®
di neommxm
15
yatofxDescription: "Ramon Coto's 3 Session Bar Color" Indicator This TradingView Pine Script indicator colors candlestick bars based on three custom trading sessions. It allows traders to visually distinguish different market timeframes on their charts. Features: Three configurable trading sessions with user-defined time ranges. Customizable session colors: Session A → Blue Session B → Red Session C → Lime Enable/disable sessions independently using input toggles. Automatic session detection: Bars are colored based on the active session. Optimized for TradingView Mobile & Desktop with clear and efficient logic. How It Works: 1. User Inputs: The script takes session time ranges and enables/disables each session. 2. Session Detection: The script checks whether the current time falls within any of the defined sessions. 3. Bar Coloring: If a session is active, the corresponding color is applied to the bars. This indicator helps traders quickly recognize which market session they are in, improving decision-making for session-based strategies.
Indicatore Pine Script®
di BWFX22
[TehThomas] - ICT Inversion Fair value Gap (IFVG) The Inversion Fair Value Gap (IFVG) indicator is a powerful tool designed for traders who utilize ICT (Inner Circle Trader) strategies. It focuses on identifying and displaying Inversion Fair Value Gaps, which are critical zones that emerge when traditional Fair Value Gaps (FVGs) are invalidated by price action. These gaps represent key areas where price often reacts, making them essential for identifying potential reversals, trend continuations, and liquidity zones. What Are Inversion Fair Value Gaps? Inversion Fair Value Gaps occur when price revisits a traditional FVG and breaks through it, effectively flipping its role in the market. For example: A bullish FVG that is invalidated becomes a bearish zone, often acting as resistance. A bearish FVG that is invalidated transforms into a bullish zone, serving as support. These gaps are significant because they often align with institutional trading activity. They highlight areas where large orders have been executed or where liquidity has been targeted. Understanding these gaps provides traders with a deeper insight into market structure and helps them anticipate future price movements with greater accuracy. Why This Strategy Works The IFVG concept is rooted in ICT principles, which emphasize liquidity dynamics, market inefficiencies, and institutional order flow. Traditional FVGs represent imbalances in price action caused by gaps between candles. When these gaps are invalidated, they become inversion zones that can act as magnets for price. These zones frequently serve as high-probability areas for price reversals or trend continuations. This strategy works because it aligns with how institutional traders operate. Inversion gaps often mark areas of interest for "smart money," making them reliable indicators of potential market turning points. By focusing on these zones, traders can align their strategies with institutional behavior and improve their overall trading edge. How the Indicator Works This indicator simplifies the process of identifying and tracking IFVGs by automating their detection and visualization on the chart. It scans the chart in real-time to identify bullish and bearish FVGs that meet user-defined thresholds for inversion. Once identified, these gaps are dynamically displayed on the chart with distinct colors for bullish and bearish zones. The indicator also tracks whether these gaps are mitigated or broken by price action. When an IFVG is broken, it extends the zone for a user-defined number of bars to visualize its potential role as a new support or resistance level. Additionally, alerts can be enabled to notify traders when new IFVGs form or when existing ones are broken, ensuring timely decision-making in fast-moving markets. Key Features Automatic Detection: The indicator automatically identifies bullish and bearish IFVGs based on user-defined thresholds. Dynamic Visualization: It displays IFVGs directly on the chart with customizable colors for easy differentiation. Real-Time Updates: The status of each IFVG is updated dynamically based on price action. Zone Extensions: Broken IFVGs are extended to visualize their potential as support or resistance levels. Alerts: Notifications can be set up to alert traders when key events occur, such as the formation or breaking of an IFVG. These features make the tool highly efficient and reduce the need for manual analysis, allowing traders to focus on execution rather than tedious chart work. Benefits of Using This Indicator The IFVG indicator offers several advantages that make it an indispensable tool for ICT traders. By automating the detection of inversion gaps, it saves time and reduces errors in analysis. The clearly defined zones improve risk management by providing precise entry points, stop-loss levels, and profit targets based on market structure. This tool is also highly versatile and adapts seamlessly across different timeframes. Whether you’re scalping lower timeframes or swing trading higher ones, it provides actionable insights tailored to your trading style. Furthermore, by aligning your strategy with institutional logic, you gain a significant edge in anticipating market movements. Practical Applications This indicator can be used across various trading styles: Scalping: Identify quick reversal points on lower timeframes using real-time alerts. Day Trading: Use inversion gaps as key levels for intraday support/resistance or trend continuation setups. Swing Trading: Analyse higher timeframes to identify major inversion zones that could act as critical turning points in larger trends. By integrating this tool into your trading routine, you can streamline your analysis process and focus on executing high-probability setups. Conclusion The Inversion Fair Value Gap (IFVG) indicator is more than just a technical analysis tool—it’s a strategic ally for traders looking to refine their edge in the markets. By automating the detection and tracking of inversion gaps based on ICT principles, it simplifies complex market analysis while maintaining accuracy and depth. Whether you’re new to ICT strategies or an experienced trader seeking greater precision, this indicator will elevate your trading game by aligning your approach with institutional behavior. If you’re serious about improving your trading results while saving time and effort, this tool is an essential addition to your toolkit. It provides clarity in chaotic markets, enhances precision in trade execution, and ensures you never miss critical opportunities in your trading journey. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
Indicatore Pine Script®
di TehThomas
9
Imbalance(FVG) DetectorImbalance (FVG) Detector Overview The Imbalance (FVG) Detector is a technical analysis tool designed to highlight price inefficiencies by identifying Fair Value Gaps (FVGs). These gaps occur when rapid price movement leaves an area with little to no traded volume, which may later act as a zone of interest. The indicator automatically detects and marks these imbalances on the chart, allowing users to observe historical price behavior more effectively. Key Features - Automatic Imbalance Detection: Identifies bullish and bearish imbalances based on a structured three-bar price action model. - Customizable Sensitivity: Users can adjust the minimum imbalance percentage threshold to tailor detection settings to different assets and market conditions. - Real-time Visualization: Marked imbalances are displayed as colored boxes directly on the chart. - Dynamic Box Updates: Imbalance zones extend forward in time until price interacts with them. - Alert System: Users can set alerts for when new imbalances appear or when price tests an existing imbalance. How It Works The indicator identifies market imbalances using a three-bar price structure: - Bullish Imbalance: Occurs when the high of three bars ago is lower than the low of the previous bar, forming a price gap. - Bearish Imbalance: Occurs when the low of three bars ago is higher than the high of the previous bar, creating a downward gap. When an imbalance is detected: - Green Boxes indicate bullish imbalances. - Red Boxes indicate bearish imbalances. - Once price interacts with an imbalance, the box fades to gray, marking it as tested. ! Designed for Crypto Markets This indicator is particularly useful in crypto markets, where frequent volatility can create price inefficiencies. It provides a structured way to visualize gaps in price movement, helping users analyze historical liquidity areas. Customization Options - Min Imbalance Percentage Size: Adjusts the sensitivity of the imbalance detection. - Alerts: Users can enable alerts to stay notified of new or tested imbalances. Important Notes - This indicator is a technical analysis tool and does not provide trading signals or financial advice. - It does not predict future price movement but highlights historical price inefficiencies. - Always use this tool alongside other market analysis methods and risk management strategies.
Indicatore Pine Script®
di TheWaveHunter
PowerZone Trading StrategyExplanation of the PowerZone Trading Strategy for Your Users The PowerZone Trading Strategy is an automated trading strategy that detects strong price movements (called "PowerZones") and generates signals to enter a long (buy) or short (sell) position, complete with predefined take profit and stop loss levels. Here’s how it works, step by step: 1. What is a PowerZone? A "PowerZone" (PZ) is a zone on the chart where the price has shown a significant and consistent movement over a specific number of candles (bars). There are two types: Bullish PowerZone (Bullish PZ): Occurs when the price rises consistently over several candles after an initial bearish candle. Bearish PowerZone (Bearish PZ): Occurs when the price falls consistently over several candles after an initial bullish candle. The code analyzes: A set number of candles (e.g., 5, adjustable via "Periods"). A minimum percentage move (adjustable via "Min % Move for PowerZone") to qualify as a strong zone. Whether to use the full candle range (highs and lows) or just open/close prices (toggle with "Use Full Range "). 2. How Does It Detect PowerZones? Bullish PowerZone: Looks for an initial bearish candle (close below open). Checks that the next candles (e.g., 5) are all bullish (close above open). Ensures the total price movement exceeds the minimum percentage set. Defines a range: from the high (or open) to the low of the initial candle. Bearish PowerZone: Looks for an initial bullish candle (close above open). Checks that the next candles are all bearish (close below open). Ensures the total price movement exceeds the minimum percentage. Defines a range: from the high to the low (or close) of the initial candle. These zones are drawn on the chart with lines: green or white for bullish, red or blue for bearish, depending on the color scheme ("DARK" or "BRIGHT"). 3. When Does It Enter a Trade? The strategy waits for a breakout from the PowerZone range to enter a trade: Buy (Long): When the price breaks above the high of a Bullish PowerZone. Sell (Short): When the price breaks below the low of a Bearish PowerZone. The position size is set to 100% of available equity (adjustable in the code). 4. Take Profit and Stop Loss Take Profit (TP): Calculated as a multiple (adjustable via "Take Profit Factor," default 1.5) of the PowerZone height. For example: For a buy, TP = Entry price + (PZ height × 1.5). For a sell, TP = Entry price - (PZ height × 1.5). Stop Loss (SL): Calculated as a multiple (adjustable via "Stop Loss Factor," default 1.0) of the PZ height, placed below the range for buys or above for sells. 5. Visualization on the Chart PowerZones are displayed with lines on the chart (you can hide them with "Show Bullish Channel" or "Show Bearish Channel"). An optional info panel ("Show Info Panel") displays key levels: PZ high and low, TP, and SL. You can also enable brief documentation on the chart ("Show Documentation") explaining the basic rules. 6. Alerts The code generates automatic alerts in TradingView: For a bullish breakout: "Bullish PowerZone Breakout - LONG!" For a bearish breakdown: "Bearish PowerZone Breakdown - SHORT!" 7. Customization You can tweak: The number of candles to detect a PZ ("Periods"). The minimum percentage move ("Min % Move"). Whether to use highs/lows or just open/close ("Use Full Range"). The TP and SL factors. The color scheme and what elements to display on the chart. Practical Example Imagine you set "Periods = 5" and "Min % Move = 2%": An initial bearish candle appears, followed by 5 consecutive bullish candles. The total move exceeds 2%. A Bullish PowerZone is drawn with a high and low. If the price breaks above the high, you enter a long position with a TP 1.5 times the PZ height and an SL equal to the height below. The system executes the trade and exits automatically at TP or SL. Conclusion This strategy is great for capturing strong price movements after consolidation or momentum zones. It’s automated, visual, and customizable, making it useful for both beginner and advanced traders. Try it out and adjust it to fit your trading style!
Strategia Pine Script®
di tradingbauhaus
Elliott Wave Identification By Akash Patel This script is designed to visually highlight areas on the chart where there are consecutive bullish (green) or bearish (red) candles. It also identifies sequences of three consecutive candles of the same type (bullish or bearish) and highlights those areas with adjustable box opacity. Here's a breakdown of the functionality: --- ### Key Features: 1. **Bullish & Bearish Candle Identification:** - **Bullish Candle:** When the closing price is higher than the opening price (`close > open`). - **Bearish Candle:** When the closing price is lower than the opening price (`close < open`). 2. **Consecutive Candle Counter:** - The script counts consecutive bullish and bearish candles, which resets when the direction changes (from bullish to bearish or vice versa). - The script tracks these counts using the `bullishCount` and `bearishCount` variables, which are incremented based on whether the current candle is bullish or bearish. 3. **Highlighting Candle Areas:** - If there are **3 or more consecutive bullish candles**, the script will highlight the background in a green color with 90% transparency (adjustable). - Similarly, if there are **3 or more consecutive bearish candles**, the script will highlight the background in a red color with 90% transparency (adjustable). 4. **Three-Candle Sequence:** - The script checks if there are three consecutive bullish candles (`threeBullish`) or three consecutive bearish candles (`threeBearish`). - A box is drawn around these areas to visually highlight the sequence. The boxes extend to the right edge of the chart, and their opacity can be adjusted. 5. **Box Creation:** - For bullish sequences, a green box is created using the high and low prices of the three candles in the sequence. - For bearish sequences, a red box is created in the same manner. - The box size is determined by the highest high and the lowest low of the three consecutive candles. 6. **Box Opacity:** - You can adjust the opacity of the boxes through the input parameters `Bullish Box Opacity` and `Bearish Box Opacity` (ranging from 0 to 100). - A higher opacity will make the boxes more solid, while a lower opacity will make them more transparent. 7. **Box Cleanup:** - The script also includes logic to remove boxes when they are no longer needed, ensuring the chart remains clean without excessive box overlays. 8. **Extending Boxes to the Right:** - When a bullish or bearish sequence is identified, the boxes are extended to the right edge of the chart for continued visibility. --- ### How It Works: - **Bullish Area Highlight:** When three or more consecutive bullish candles are detected, the background will turn green to indicate a strong bullish trend. - **Bearish Area Highlight:** When three or more consecutive bearish candles are detected, the background will turn red to indicate a strong bearish trend. - **Three Consecutive Candle Box:** A green box will appear around three consecutive bullish candles, and a red box will appear around three consecutive bearish candles. These boxes can be extended to the right edge of the chart, making the sequence visually clear. --- ### Adjustable Parameters: 1. **Bullish Box Opacity:** Set the opacity (transparency) level of the bullish boxes. Ranges from 0 (completely transparent) to 100 (completely opaque). 2. **Bearish Box Opacity:** Set the opacity (transparency) level of the bearish boxes. Ranges from 0 (completely transparent) to 100 (completely opaque). --- This indicator is useful for identifying strong trends and visually confirming market momentum, especially in situations where you want to spot sequences of bullish or bearish candles over multiple bars. It can be customized to suit different trading styles and chart preferences by adjusting the opacity of the boxes and background highlights.
Indicatore Pine Script®
di Akash7245
ZRK 30m This TradingView indicator draws alternating 30-minute boxes aligned precisely to real clock times (e.g., 10:00, 10:30, 11:00), helping traders visually segment intraday price action. It highlights every other 30-minute block with customizable colors, line styles, and opacity, allowing users to clearly differentiate between trading intervals. The boxes automatically adjust based on the chart’s timeframe, maintaining accuracy on 1-minute to 60-minute charts. Optional time labels can also be displayed for additional context. This tool is useful for identifying patterns, measuring volatility, or applying breakout strategies based on defined, consistent time windows across global trading sessions.
Indicatore Pine Script®
di zarrarky
PriorHourRangeLevels_v0.1PriorHourRangeLevels_v0.1 Created by dc_77 | © 2025 | Mozilla Public License 2.0 Overview "PriorHourRangeLevels_v0.1" is a versatile Pine Script™ indicator designed to help traders visualize and analyze price levels based on the prior hour’s range. It overlays key levels—High, Low, 75%, 50% (EQ), and 25%—from the previous hour onto the current price chart, alongside the current hour’s opening price. With customizable display options and time zone support, it’s ideal for intraday traders looking to identify support, resistance, and breakout zones. How It Works Hourly Reset: The indicator detects the start of each hour based on your chosen time zone (e.g., "America/New_York" by default). Prior Hour Range: It calculates the High and Low of the previous hour, then derives three additional levels: 75%: 75% of the range above the Low. EQ (50%): The midpoint of the range. 25%: 25% of the range above the Low. Current Hour Open: Displays the opening price of the current hour. Projection: Lines extend forward (default: 24 bars) to project these levels into the future, aiding in real-time analysis. Alerts: Triggers alerts when the price crosses any of the prior hour’s levels (High, 75%, EQ, 25%, Low). Key Features Time Zone Flexibility: Choose from options like UTC, New York, Tokyo, or London to align with your trading session. Visual Customization: Toggle visibility for each level (High, Low, 75%, EQ, 25%, Open, and Anchor). Adjust line styles (Solid, Dashed, Dotted), colors, and widths. Show or hide labels with adjustable sizes (Tiny, Small, Normal, Large). Anchor Line: A vertical line marks the start of the prior hour, with optional labeling. Alert Conditions: Set up notifications for price crossings to catch key moments without watching the chart. Usage Tips Use the High and Low as potential breakout levels, while 75%, EQ, and 25% act as intermediate support/resistance zones. Trend Confirmation: Watch how price interacts with the EQ (50%) level to gauge momentum. Session Planning: Adjust the time zone to match your market (e.g., "Europe/London" for FTSE trading). Projection Offset: Extend or shorten the lines (via "Projection Offset") based on your chart timeframe. Inputs Time Zone: Select your preferred market time zone. Anchor Settings: Show/hide the prior hour start line, style, color, width, and label. Level Settings: Customize visibility, style, color, width, and labels for Open, High, 75%, EQ, 25%, and Low. Display: Set projection length and label size.
Indicatore Pine Script®
di dc_77
1
SessionRangeLevels_v0.1SessionRangeLevels_v0.1 Overview: SessionRangeLevels_v0.1 is a customizable Pine Script (v6) indicator designed to plot key price levels based on a user-defined trading session. It identifies the high and low of the session and calculates intermediate levels (75%, 50% "EQ", and 25%) within that range. These levels are projected forward as horizontal lines with accompanying labels, providing traders with dynamic support and resistance zones. The indicator supports extensive customization for session timing, time zones, line styles, colors, and more. Key Features: Session-Based Range Detection: Tracks the high and low prices during a specified session (e.g., 0600-0900) and updates them dynamically as the session progresses. Customizable Levels: Displays High, 75%, EQ (50%), 25%, and Low levels, each with independent toggle options, styles (Solid, Dashed, Dotted), colors, and widths. Session Anchor: Optional vertical line marking the session start, with customizable style, color, and width. Projection Offset: Extends level lines forward by a user-defined number of bars (default: 24) for future price reference. Labels: Toggleable labels for each level (e.g., "High," "75%," "EQ") with adjustable size (Tiny, Small, Normal, Large). Time Zone Support: Aligns session timing to a selected time zone (e.g., America/New_York, UTC, Asia/Tokyo, etc.). Alert Conditions: Triggers alerts when the price crosses any of the plotted levels (High, 75%, EQ, 25%, Low). Inputs: Session Time (HHMM-HHMM): Define the session range (e.g., "0600-0900" for 6:00 AM to 9:00 AM). Time Zone: Choose from options like UTC, America/New_York, Europe/London, etc. Anchor Settings: Toggle the session start line, adjust its style (default: Dotted), color (default: Black), and width (default: 1). Level Settings: High (Solid, Black, Width 2) 75% (Dotted, Blue, Width 1) EQ/50% (Dotted, Orange, Width 1) 25% (Dotted, Blue, Width 1) Low (Solid, Black, Width 2) Each level includes options to show/hide, set style, color, width, and label visibility. Projection Offset: Number of bars to extend lines (default: 24). Label Size: Set label size (default: Small). How It Works: The indicator detects the start and end of the user-defined session based on the specified time and time zone. During the session, it tracks the highest high and lowest low, updating the levels in real-time. At the session start, it plots the High, Low, and intermediate levels (75%, 50%, 25%), projecting them forward. Lines and labels dynamically adjust as new highs or lows occur within the session. Alerts notify users when the price crosses any active level. Usage: Ideal for traders who focus on session-based strategies (e.g., London or New York open). Use it to identify key price zones, monitor breakouts, or set targets. Customize the appearance to suit your chart preferences and enable alerts for real-time trading signals. Notes: Ensure your chart’s timeframe aligns with your session duration for optimal results (e.g., 1-minute or 5-minute charts for short sessions). The indicator overlays directly on the price chart for easy integration with other tools.
Indicatore Pine Script®
di dc_77
Dynamic CAGR LineIndicator: Dynamic CAGR Line Overview This Pine Script (version 6) creates a custom indicator called "Dynamic CAGR Moving Line," designed to calculate and display the Compound Annual Growth Rate (CAGR) in percentage terms for a financial instrument, such as a stock or cryptocurrency, based on a user-defined lookback period (default: 5 years). Unlike traditional overlays that plot directly on the price chart, this indicator appears in a separate pane below the chart, providing a clear visual of how the CAGR evolves over time with each new candle. Purpose The indicator helps traders and investors analyze the annualized growth rate of an asset’s price over a specified historical period. By plotting the CAGR as a percentage in a separate pane, users can easily track how the growth rate changes as new price data is added, offering insights into long-term performance trends without cluttering the price chart. How It Works User Input: The script begins with an input parameter, lookback_years, allowing users to define the number of years (e.g., 5) to look back for the CAGR calculation. This is a floating-point value with a minimum of 1 and a step of 0.5, adjustable via the indicator’s settings in TradingView. Timeframe Conversion: Assuming a daily chart, the script converts the lookback years into a number of bars using bars_per_year = 252 (the average number of trading days in a year). The total lookback period in bars is calculated as lookback_bars = math.round(lookback_years * bars_per_year). For example, 5 years equals approximately 1260 bars. Price Data: For each candle, the start_price is fetched from the closing price lookback_bars ago (e.g., the close price from 5 years prior), using close . The end_price is the current candle’s closing price, accessed via close. CAGR Calculation: The total return is computed as (end_price - start_price) / start_price, measuring the percentage change from the start price to the current price. To avoid division-by-zero errors, a conditional check ensures start_price != 0; if it is, the return defaults to 0. The CAGR is then calculated using the formula: math.pow(1 + total_return, 1 / lookback_years) - 1, which annualizes the total return over the lookback period. The result is converted to a percentage by multiplying by 100 (cagr_percent = cagr * 100). Plotting: The CAGR percentage is plotted as a blue line in a separate pane using plot(). The line only appears after enough data exists (bar_index >= lookback_bars), otherwise it plots na (not available). A label is added for each candle, displaying the current CAGR percentage (e.g., "CAGR: 5.23%") near the plotted value, styled with a blue background and white text. Usage Chart Setup: Apply the indicator to a daily chart with sufficient historical data (e.g., more than 5 years for the default setting). It’s designed for daily timeframes but can be adapted for others by adjusting bars_per_year (e.g., 52 for weekly). Interpretation: A positive CAGR (e.g., 5%) indicates annualized growth, while a negative value (e.g., -2%) shows an annualized decline. A flat line at 0% suggests no net change over the lookback period. Customization: Adjust lookback_years in the settings to analyze different periods (e.g., 3 or 10 years). Notes Ensure your chart has enough data to cover the lookback period, or the line won’t appear until sufficient bars are available. For debugging, you can temporarily plot start_price and end_price on the main chart to verify the calculation inputs.
Indicatore Pine Script®
di Joy_Mukherjee
Premarket High/Low Breakout AlertsPremarket High/Low Breakout Alerts Description: This custom TradingView indicator helps you track premarket breakouts and breakdowns for a list of selected stocks. The indicator monitors the premarket session and sends an alert every time the stock's price breaks above the premarket high or below the premarket low. Key Features: Track Multiple Stocks: Easily monitor multiple stocks (e.g., AAPL, TSLA, NVDA, etc.) and get alerts when they break premarket levels. Premarket Session Monitoring: The indicator checks for price movements during the premarket session (4:00 AM to 9:30 AM EST). Customizable Ticker List: Modify the list of tickers directly from the TradingView settings to suit your daily trading needs. Breakout and Breakdown Alerts: Receive instant alerts for both breakout (above premarket high) and breakdown (below premarket low) conditions. Plot Premarket Levels: The premarket high and low levels are plotted on the chart for easy reference. How to Use: Add this indicator to your chart. Go to the indicator settings and input your desired stock tickers (e.g., AAPL, TSLA, MSFT). The indicator will automatically track the premarket levels and send alerts when those levels are broken. Customize the tickers daily if needed. Ideal For: Day Traders who want to track premarket movements. Swing Traders looking for strong breakouts from premarket levels. Scalpers who need quick alerts to catch price action early.
Indicatore Pine Script®
di meenu187
Supply & Demand Zones (by Wali Afridi)Description: 🚀 This indicator accurately detects Supply & Demand Zones by identifying swing highs and lows. It plots a single clean line for each zone and labels them as "SZ" (Supply Zone) and "DZ" (Demand Zone), ensuring a clear and minimalistic chart. 🔹 Features: ✅ Auto-detects recent Supply & Demand Zones ✅ Plots clean horizontal lines for the latest zones ✅ Displays "SZ" above the supply line & "DZ" below the demand line ✅ No duplicate labels—only one label per zone ✅ Minimal & clutter-free visualization How to Use: 1️⃣ Add the indicator to your chart 2️⃣ Watch for Supply Zones (SZ) appearing above red lines – These indicate potential resistance areas where price may reverse or consolidate. 3️⃣ Watch for Demand Zones (DZ) appearing below green lines – These indicate strong support areas where price may bounce. 4️⃣ Use with other confirmations (Price Action, SMC, Volume) for better accuracy. ⚠️ Disclaimer: This script is for educational purposes only and should not be considered financial advice. Always backtest and use risk management before applying it to live trading.
Indicatore Pine Script®
di CryptoWorm
2
DTFX Algo Zones [SamuraiJack Mod]CME_MINI:NQ1! Credits This indicator is a modified version of an open-source tool originally developed by Lux Algo. I literally modded their indicator to create the DTFX Algo Zones version, incorporating additional features and refinements. Special thanks to Lux Algo for their original work and for providing the open-source code that made this development possible. Introduction DTFX Algo Zones is a technical analysis indicator designed to automatically identify key supply and demand zones on your chart using market structure and Fibonacci retracements. It helps traders spot high-probability reversal areas and important support/resistance levels at a glance. By detecting shifts in market structure (such as Break of Structure and Change of Character) and highlighting bullish or bearish zones dynamically, this tool provides an intuitive framework for planning trades. The goal is to save traders time and improve decision-making by focusing attention on the most critical price zones where market bias may confirm or reverse. Logic & Features • Market Structure Shift Detection (BOS & CHoCH): The indicator continuously monitors price swings and marks significant structure shifts. A Break of Structure (BOS) occurs when price breaks above a previous swing high or below a swing low, indicating a continuation of the current trend. A Change of Character (ChoCH) is detected when price breaks in the opposite direction of the prior trend, often signaling an early trend reversal. These moments are visually marked on the chart, serving as anchor points for new zones. By identifying BOS and ChoCH in real-time, the DTFX Algo Zones indicator ensures you’re aware of key trend changes as they happen. • Auto-Drawn Fibonacci Supply/Demand Zones: Upon a valid structure shift, the indicator plots a Fibonacci-based zone between the breakout point and the preceding swing high/low (the source of the move). This creates a shaded area or band of Fibonacci retracement levels (for example 38.2%, 50%, 61.8%, etc.) representing a potential support zone in an uptrend or resistance zone in a downtrend. These supply/demand zones are derived from the natural retracement of the breakout move, highlighting where price is likely to pull back. Each zone is essentially an auto-generated Fibonacci retracement region tied to a market structure event, which traders can use to anticipate where the next pullback or bounce might occur. • Dynamic Bullish and Bearish Zones: The DTFX Algo Zones indicator distinguishes bullish vs. bearish zones and updates them dynamically as new price action unfolds. Bullish zones (formed after bullish BOS/ChoCH) are typically highlighted in one color (e.g. green or blue) to indicate areas of demand/support where price may bounce upward. Bearish zones (formed after bearish BOS/ChoCH) are shown in another color (e.g. red/orange) to mark supply/resistance where price may stall or reverse downward. This color-coding and real-time updating allow traders to instantly recognize the market bias: for instance, a series of bullish zones implies an uptrend with multiple support levels on pullbacks, while consecutive bearish zones indicate a downtrend with resistance overhead. As old zones get invalidated or new ones appear, the chart remains current with the latest key levels, eliminating clutter from outdated levels. • Flexible Customization: The indicator comes with several options to tailor the zones to your trading style. You can filter which zones to display – for example, show only the most recent N zones or limit to only bullish or only bearish zones – helping declutter the chart and focus on recent, relevant levels. There are settings to control zone extension (how far into the future the zones are drawn) and to automatically invalidate zones once they’re no longer relevant (for instance, if price fully breaks through a zone or a new structure shift occurs that supersedes it). Additionally, the Fibonacci retracement levels within each zone are customizable: you can choose which retracement percentages to plot, adjust their colors or line styles, and decide whether to fill the zone area for visibility. This flexibility ensures the DTFX Algo Zones can be tuned for different markets and strategies, whether you want a clean minimalist look or detailed zones with multiple internal levels. Best Use Cases DTFX Algo Zones is a versatile indicator that can enhance various trading strategies. Some of its best use cases include: • Identifying High-Probability Reversal Zones: Each zone marks an area where price has a higher likelihood of stalling or reversing because it reflects a significant prior swing and Fibonacci retracement. Traders can watch these zones for entry opportunities when the market approaches them, as they often coincide with order block or strong supply/demand areas. This is especially useful for catching trend reversals or pullbacks at points where risk is lower and potential reward is higher. • Spotting Key Support and Resistance: The automatically drawn zones act as dynamic support (below price) and resistance (above price) levels. Instead of manually drawing Fibonacci retracements or support/resistance lines, you get an instant map of the key levels derived from recent price action. This helps in quickly identifying where the next bounce (support) or rejection (resistance) might occur. Swing traders and intraday traders alike can use these zones to set alerts or anticipate reaction areas as the market moves. • Trend-Following Entries: In a trending market, the indicator’s zones provide ideal areas to join the trend on pullbacks. For example, in an uptrend, when a new bullish zone is drawn after a BOS, it indicates a fresh demand zone – buying near the lower end of that zone on a pullback can offer a low-risk entry to ride the next leg up. Similarly, in a downtrend, selling rallies into the highlighted supply zones can position you in the direction of the prevailing trend. The zones effectively serve as a roadmap of the trend’s structure, allowing trend traders to buy dips and sell rallies with greater confidence. • Mean-Reversion and Range Trading: Even in choppy or range-bound markets, DTFX Algo Zones can help find mean-reversion trades. If price is oscillating sideways, the zones at extremes of the range might mark where momentum is shifting (ChoCH) and price could swing back toward the mean. A trader might fade an extended move when it reaches a strong zone, anticipating a reversion. Additionally, if multiple zones cluster in an area across time (creating a zone overlap), it often signifies a particularly robust support/resistance level ideal for range trading strategies. In all these use cases, the indicator’s ability to filter out noise and highlight structurally important levels means traders can focus on higher-probability setups and make more informed trading decisions. Strategy – Pullback Trading with DTFX Algo Zones One of the most effective ways to use the DTFX Algo Zones indicator is trading pullbacks in the direction of the trend. Below is a step-by-step strategy to capitalize on pullbacks using the zones, combining the indicator’s signals with sound price action analysis and risk management: 1. Identify a Market Structure Shift and Trend Bias: First, observe the chart for a recent BOS or ChoCH signal from the indicator. This will tell you the current trend bias. For instance, a bullish BOS/ChoCH means the market momentum has shifted upward (bullish bias), and a new demand zone will be drawn. A bearish structure break indicates downward momentum and creates a supply zone. Make sure the broader context supports the bias (e.g., if multiple higher timeframe zones are bullish, focus on long trades). 2. Wait for the Pullback into the Zone: Once a new zone appears, don’t chase the price immediately. Instead, wait for price to retrace back into that highlighted zone. Patience is key – let the market come to you. For a bullish setup, allow price to dip into the Fibonacci retracement zone (demand area); for a bearish setup, watch for a rally into the supply zone. Often, the middle of the zone (around the 50% retracement level) can be an optimal area where price might slow down and pivot, but it’s wise to observe price behavior across the entire zone. 3. Confirm the Entry with Price Action & Confluence: As price tests the zone, look for confirmation signals before entering the trade. This can include bullish reversal candlestick patterns (for longs) or bearish patterns (for shorts) such as engulfing candles, hammers/shooting stars, or doji indicating indecision turning to reversal. Additionally, incorporate confluence factors to strengthen the setup: for example, check if the zone overlaps with a key moving average, a round number price level, or an old support/resistance line from a higher timeframe. You might also use an oscillator (like RSI or Stochastic) to see if the pullback has reached oversold conditions in a bullish zone (or overbought in a bearish zone), suggesting a bounce is likely. The more factors aligning at the zone, the more confidence you can have in the trade. Only proceed with an entry once you see clear evidence of buyers defending a demand zone or sellers defending a supply zone. 4. Enter the Trade and Manage Risk: When you’re satisfied with the confirmation (e.g., price starts to react positively off a demand zone or shows rejection wicks in a supply zone), execute your entry in the direction of the original trend. Immediately set a stop-loss order to control risk: for a long trade, a common placement is just below the demand zone (a few ticks/pips under the swing low that formed the zone); for a short trade, place the stop just above the supply zone’s high. This way, if the zone fails and price continues beyond it, your loss is limited. Position size the trade so that this stop-loss distance corresponds to a risk you are comfortable with (for example, 1-2% of your trading capital). 5. Take Profit Strategically: Plan your take-profit targets in advance. A conservative approach is to target the origin of the move – for instance, in a long trade, you might take profit as price moves back up to the swing high (the 0% Fibonacci level of the zone) or the next significant zone or resistance level above. This often yields at least a 1:1 reward-to-risk ratio if you entered around mid-zone. More aggressive trend-following traders may leave a portion of the position running beyond the initial target, aiming for a larger move in line with the trend (for example, new higher highs in an uptrend). You can also trail your stop-loss upward behind new higher lows (for longs) or lower highs (for shorts) as the trend progresses, locking in profit while allowing for further gains. 6. Monitor Zone Invalidation: Even after entering, keep an eye on the behavior around the zone and any new zones that may form. If price fails to bounce and instead breaks decisively through the entire zone, respect that as an invalidation – the market may be signaling a deeper reversal or that the signal was false. In such a case, it’s better to exit early or stick to your stop-loss than to hold onto a losing position. The indicator will often mark or no longer highlight zones that have been invalidated by price, guiding you to shift focus to the next opportunity. Risk Management Tips: • Always use a stop-loss and don’t move it farther out in hope. Placing the stop just beyond the zone’s far end (the swing point) helps protect you if the pullback turns into a larger reversal. • Aim for a favorable risk-to-reward ratio. With pullback entries near the middle or far end of a zone, you can often achieve a reward that equals or exceeds your risk. For example, risking 20 pips to make 20+ pips (1:1 or better) is a prudent starting point. Adjust targets based on market structure – if the next resistance is 50 pips away, consider that upside against your risk. • Use confluence and context: Don’t take every zone signal in isolation. The highest probability trades come when the DTFX Algo Zone aligns with other analysis (trend direction, chart patterns, higher timeframe support/resistance, etc.). This filtered approach will reduce trades taken in weak zones or counter-trend traps. • Embrace patience and selectivity: Not all zones are equal. It can be wise to skip very narrow or insignificant zones and wait for those that form after a strong BOS/ChoCH (indicating a powerful move). Larger zones or zones formed during high-volume times tend to produce more reliable pullback opportunities. • Review and adapt: After each trade, note how price behaved around the zone. If you notice certain Fib levels (like 50% or 61.8%) within the zone consistently provide the best entries, you can refine your approach to focus on those. Similarly, adjust the indicator’s settings if needed – for example, if too many minor zones are cluttering your screen, limit to the last few or increase the structure length parameter to capture only more significant swings. ⸻ By combining the DTFX Algo Zones indicator with disciplined confirmation and risk management, traders can improve their timing on pullback entries and avoid chasing moves. This indicator shines in helping you trade what you see, not what you feel – the clearly marked zones and structure shifts keep you grounded in price action reality. Whether you’re a trend trader looking to buy the dip/sell the rally, or a reversal trader hunting for exhaustion points, DTFX Algo Zones provides a robust visual aid to elevate your trading decisions. Use it as a complementary tool in your analysis to stay on the right side of the market’s structure and enhance your trading performance.
Indicatore Pine Script®
di Supreme_Dreams
10
Sweep Engulf CHoCH📖 Indicator Overview The Sweep Engulf CHoCH indicator is designed to detect the Sweep + Engulf + CHoCH (Change of Character) pattern on price charts. This indicator helps traders identify bullish and bearish entry opportunities based on the last three candles forming this pattern. 📊 How the Indicator Works The indicator analyzes specific conditions in the last three candles: 🔹 Bullish Entry (Buy Signal) ✔️ Candle 1 must be bearish (close < open ) ✔️ Candle 2 must sweep the low of candle 1 (low < low ) ✔️ Candle 2 must also engulf candle 1 (close > close ) ✔️ Candle 3 must break structure (CHoCH) by closing above the open of candle 1 (close > open ) 🔻 Bearish Entry (Sell Signal) ✔️ Candle 1 must be bullish (close > open ) ✔️ Candle 2 must sweep the high of candle 1 (high > high ) ✔️ Candle 2 must also engulf candle 1 (close < open ) ✔️ Candle 3 must break structure (CHoCH) by closing below the open of candle 1 (close < open )
Indicatore Pine Script®
di gastrophollic
Wyckoff Event Detection [Alpha Extract]Wyckoff Event Detection A powerful and intelligent indicator designed to detect key Wyckoff events in real time, helping traders analyze market structure and anticipate potential trend shifts. Using volume and price action, this script automatically identifies distribution and accumulation phases, providing traders with valuable insights into market behavior. 🔶 Phase-Based Detection Utilizes a phase detection algorithm that evaluates price and volume conditions to identify accumulation (bullish) and distribution (bearish) events. This method ensures the script effectively captures major market turning points and avoids noise. 🔶 Multi-Factor Event Recognition Incorporates multiple event conditions, including upthrusts, selling climaxes, and springs, to detect high-probability entry and exit points. Each event is filtered through customizable sensitivity settings, ensuring precise detection aligned with different trading styles. 🔶 Customizable Parameters Fine-tune event detection with adjustable thresholds for volume, price movement, trend strength, and event spacing. These inputs allow traders to personalize the script to match their strategy and risk tolerance. // === USER INPUTS === i_volLen = input.int(20, "Volume MA Length", minval=1) i_priceLookback = input.int(20, "Price Pattern Lookback", minval=5) i_lineLength = input.int(15, "Line Length", minval=5) i_labelSpacing = input.int(5, "Minimum Label Spacing (bars)", minval=1, maxval=20) ❓How It Works 🔶 Event Identification The script scans for key Wyckoff events by analyzing volume spikes, price deviations, and trend shifts within a user-defined lookback period. It categorizes events into bullish (accumulation) or bearish (distribution) structures and plots them directly on the chart. // === EVENT DETECTION === volMA = ta.sma(volume, i_volLen) highestHigh = ta.highest(high, i_priceLookback) lowestLow = ta.lowest(low, i_priceLookback) 🔶 Automatic Filtering & Cleanup Unconfirmed or weak signals are filtered out using customizable strength multipliers and volume thresholds. Events that do not meet the minimum conditions are discarded to keep the chart clean and informative. 🔶 Phase Strength Analysis The script continuously tracks bullish and bearish event counts to determine whether the market is currently in an accumulation, distribution, or neutral phase. This allows traders to align their strategies accordingly. 🔶 Visual Alerts & Labels Detects and labels key Wyckoff events directly on the chart, providing immediate insights into market conditions: - PSY (Preliminary Supply) and UT (Upthrust) for distribution phases. - PS (Preliminary Support) and SC (Selling Climax) for accumulation phases. - Labels adjust dynamically to avoid chart clutter and improve readability. 🔶 Entry & Exit Optimization By highlighting supply and demand imbalances, the script assists traders in identifying optimal entry and exit points. Wyckoff concepts such as springs and upthrusts provide clear trade signals based on market structure. 🔶 Trend Confirmation & Risk Management Observing how price reacts to detected events helps confirm trend direction and potential reversals. Traders can place stop-loss and take-profit levels based on Wyckoff phase analysis, ensuring strategic trade execution. 🔶 Table-Based Market Analysis (Table) A built-in table summarizes: - Market Phase: Accumulation, Distribution, or Neutral. - Strength of Phase: Weak, Moderate, or Strong. - Price Positioning: Whether price is near support, resistance, or in a trading range. - Supply/Demand State: Identifies whether the market is supply or demand dominant. 🔶 Why Choose Wyckoff Market Phases - Alpha Extract? This indicator offers a systematic approach to understanding market mechanics through the lens of Wyckoff's time-tested principles. By providing clear and actionable insights into market phases, it empowers traders to make informed decisions, enhancing both confidence and performance in various trading environments.
Indicatore Pine Script®
di AlphaExtract
19
TestMA-STATEOverview: This Pine Script (version 6) is designed to generate trading events based on moving average (MA) behavior and dynamically calculated percentiles. It leverages a custom state machine library (version 7) from decrypt_capital to track and manage state transitions related to MA conditions, and it triggers alerts (and optionally, chart labels) when specific state transitions occur. Key Components: License & Metadata: The script is distributed under the Mozilla Public License 2.0. It carries copyright by decrypt_capital. The title ("TestMA-STATE") and short title ("MA-STATE") are defined, and the script runs on an overlay with extended backtracking and drawing limits. State Machine Integration: The script imports the lib_statemachine_modified library (version 7) using the alias modSM. A persistent state machine instance (MovingAverageDirection_SM) is created to manage various MA-related states. Several state constants are defined to represent different market conditions, such as: MA_SHORT_ABOVE_OVERBOUGHT: When the short MA low is above the overbought threshold. MA_SHORT_CROSSUNDER_MID & MA_SHORT_CROSSUNDER_BIG: Conditions for bearish crossunders. MA_SHORT_BELOW_OVERSOLD: When the short MA high is below the oversold threshold. MA_SHORT_CROSSOVER_MID & MA_SHORT_CROSSOVER_BIG: Conditions for bullish crossovers. Inputs & MA Calculation: Users can choose the type of moving average (EMA, SMA, WMA, VWMA) and adjust lengths for short, mid, and big MAs. Additional inputs include lookback length for percentile calculations and percentile thresholds for determining overbought and oversold boundaries. The script computes: Short MA Low and High: Based on the low and high series. Mid MA and Big MA: Based on the average price (ohlc4). Dynamic Percentile Boundaries: Two functions (f_getPercentile() and f_getPercentileArr()) calculate dynamic percentile values from the MA data. These functions determine the oversold and overbought boundaries used in the state transition conditions. Timestamp & Alert Header Formatting: A helper function (f_formatTimestamp()) formats timestamps into a human-readable form (e.g., "Tue 12 Mar 16:30"). This formatted time, along with ticker information and other details, is used to build an alert header. State Transitions & Alerts: The script calls the state machine’s step() method multiple times with conditions based on the relationship between MA values and the percentile boundaries. For example: A bullish condition is triggered when the short MA low moves above the overbought threshold. A bearish condition is triggered when the short MA high falls below the oversold boundary. Transitions are further refined by checking if the MA is rising or falling. When specific state transitions occur (e.g., MA_SHORT_CROSSOVER_MID after MA_SHORT_BELOW_OVERSOLD), the script: Checks that the transition is recent (using the barsSinceState() method). Optionally creates a label on the chart. Triggers an alert with a descriptive message. Chart Plotting: The script plots the calculated moving averages (short, mid, and optionally big) on the chart. It also plots the dynamic percentile boundaries for visual reference. Purpose & Usage: Trading Signal Generation: The primary goal is to monitor key MA conditions and trigger alerts when significant crossovers or crossunders occur. These events—such as bullish crossovers when the market recovers from oversold conditions or bearish crossunders when the market retracts from overbought conditions—can be used as trading signals. Visualization: Users have options to display the various moving averages and percentile boundaries directly on the chart, as well as optional labels that mark when an alert is generated. Alerting: When specific state transitions are detected, the script constructs and sends an alert message with a timestamp, ticker, and descriptive text, aiding traders in making timely decisions.
Indicatore Pine Script®
di decrypt_capital
PriorRange v0.3 [OmarxQQQ/dc_77]PriorRangeLevels is a versatile indicator that plots key price levels based on prior period ranges across multiple timeframes. This tool helps traders identify potential support, resistance, and breakout zones by displaying the High, Low, 75%, 50% (EQ), and 25% levels from the previous period. Key Features: - Multi-timeframe analysis from 1-minute to Monthly charts - Time zone flexibility with options for major global markets (NYC, London, Tokyo, etc.) - Customizable display for each level (High, Low, 75%, EQ, 25%, Open) - Clean, organized settings interface with grouped options - Anchor line marking the start of prior periods - Current period open price reference How It Works: The indicator detects new periods based on your selected timeframe and calculates the range of the previous period. It then plots horizontal lines at the High, Low, and three internal levels (75%, 50%, 25%) extending forward by your specified number of bars. These levels serve as potential support/resistance zones and decision points for your trading strategy. Trading Applications: - Use High/Low levels as potential breakout targets or reversal zones - Monitor price reaction to the EQ (50%) level to gauge trend strength - Identify intraday support/resistance based on previous period ranges - Plan entries and exits around established market structure Each component can be individually customized with different line styles, colors, and widths to match your chart preferences and analytical needs. Originally created by @dc_77 with enhanced organization, multi-timeframe capabilities, and improved user interface. As Requested by many people. populi a populo pro populo GLGT
Indicatore Pine Script®
di Omarqqq
2