Inizia

Cerca negli script per "high low"

Neglected Volume by DGTVolume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security. What is Volume? The volume represents all the recorded trades for a security that occurs in a given time interval. It is a measurement of the participation, enthusiasm, and interest in a given security. Think of volume as the force that drives the market. Volume substantiates, energizes, and empowers price. When volume increases, it confirms price direction; when volume decreases, it contradicts price direction. In theory, increases in volume generally precede significant price movements. However, If the price is rising in an uptrend but the volume is reducing or unchanged, it may show that there’s little interest in the security, and the price may reverse. A high volume usually indicates more interest in the security and the presence of institutional traders. However, a rapidly rising price in an uptrend accompanied by a huge volume may be a sign of exhaustion. Traders usually look for breaks of support and resistance to enter positions. When security break critical levels without volume, you should consider the breakout suspect and prime for a reversal off the highs/lows Volume spikes are often the result of news-driven events. Volume spike will often lead to sharp reversals since the moves are unsustainable due to the imbalance of supply and demand note : there’s no centralized exchange where trades are recorded, so the volume data represents what happens at a particular exchange only In most charting platforms, the volume indicator is presented as color-coded bars, green if the security closes up and red if the security closed lower, where the height of the bars show the amount of the recorded trades Within this study, Relative Volume , Volume Weighted Bars and Volume Moving Average are presented, where Relative Volume relates current trading volume to past trading volume over long period, Volume Weighted Bars presents price bars colored based on short period past trading volume average, and Volume Moving Average is average of volume over shot period Relative Volume is presented as color-coded bars similar to regular Volume indicator but uses four color codes instead two. Notable increases of volume are presented in green and red while average values with back and gray, hence adding ability to emphasis notable increases in the volume. It is kind of a like a radar for how "in-play" a security is. Users are allowed to change the threshold, default value is set to Fibonacci golden ration standard deviation away from its moving average. Volume Weighted Bars, a study of Kıvanç Özbilgiç, aims to present if price movements are supported by Volume. Volume Weighted Bars are calculated based on shot period volume moving average which will reflect more recent changes in volume. Price actions with high volume will be displayed with darker colors, average volume values will remain as they are and low volume values will be indicated with lighter colors. Volume Moving Average, Is short period volume moving average, aims to display visually the volume changes. Please not that Relative Volume bars are calculated based on standard deviation of long volume moving average. What Else? Apart from the volume itself, your ability to assess what volume is telling you in conjunction with price action can be a key factor in your ability to turn a profit in the market. It makes little sense to analyze the volume alone. To correctly interpret the volume data, it shall be seen in the light of what the price is doing. there are a lot of other indicators that are based on the volume data as well as price action. Analysing those volume indicators has always helped traders and investors to better understand what is happening in the market. Here are the ones adapted with this study. Some of them used as a source for our aim, some adapted as they are with slight changes to fit visually to this study and please note that the numerical presentation may differ from their regular use • On Balance Volume • Divergence Indicator • Correlation Coefficient • Chaikin Money Flow Shortly; On Balance Volume The On Balance Volume indicator, is a technical analysis indicator that relates volume flow to changes in a security’s price. It uses a cumulative total of positive and negative trading volume to predict the direction of price. The OBV is a volume-based momentum oscillator, so it is a leading indicator — it changes direction before the price Granville, creator of OBV, proposed the theory that changes in volume precede price movements in a measurable way. He believed that volume was the main force behind major market moves and thought of OBV’s prediction of price changes as a compressed spring that expands rapidly when released. It is believed that the OBV shows the interactions between the institutional and retail traders in the market If the price makes a new high, the OBV should also make a new high. If the OBV makes a lower high when the price makes a higher high, there’s a classical bearish divergence — indicating that only the retail traders are buying. Another type of bearish divergence occurs when the price remains relatively quiet and fails to make a higher high but the OBV soars higher than the previous high — indicating that the institutional traders are accumulating short positions. On the other hand, if the price makes a lower low and the OBV makes a higher low, there is a classical bullish divergence, showing that the institutional traders don’t believe in that move With this study, Momentum and Acceleration (optional) of OBV is calculated and presented, where momentum is most commonly referred to as a rate and measures the acceleration of the price and/or volume of a security. It is also referred to as a technical analysis indicator and oscillator that is able to determine market trends. Additionally, smoothing functionality with Least Squares Method is added Divergences especially, should always be noted as a possible reversal in the current trend, so the divergence indicator is adapted with this study where the Momentum of OBV is assumed as Oscillator with similar usages as to RSI. Divergence is most often used to track and analyze the momentum in an asset’s price and the odds of a price reversal within the current trend. The divergence indicator warns traders and technical analysts of changes in a price/volume trend, oftentimes that it is weakening or changing direction. Correlation Coefficient The correlation coefficient is a statistical measure of the strength of the relationship between the relative movements of two variables. A correlation of -1.0 shows a perfect negative correlation, while a correlation of 1.0 shows a perfect positive correlation. A correlation of 0.0 shows no linear relationship between the movement of the two variables. In other words, the closer the Correlation Coefficient is to 1.0, indicates the instruments will move up and down together as it is mostly expected with volume and price. So the Correlation Coefficient Indicator aims to display when the price and volume (on balance volume) is in correlation and when not. With this study blue represent positive correlation while orange negative correlation. The strength of the correlation is determined by the width of the bands, to emphasis the effect horizontal lines are drawn with values set to 0.5 and -0.5. the values above 0.5 (or below -0.5) shows stronger correlation. Chaikin Money Flow , provide optionally as a companion indicator The Chaikin money flow indicator (CMF) is a volume indicator that measures the money flow volume over a chosen period. The money flow volume is a measure of the volume and where the price closed relative to the trading session’s range. It comes from the idea that buying pressure is indicated by a rising volume and recurrent closes in the upper part of the session’s price range while selling pressure is demonstrated by an increasing volume and repeated closes in the lower part of the price range. Both buying and selling pressures are accompanied by an increase in volume, but the location of the closing prices are in accordance with the direction of price Special thanks to @InvestCHK and @hjsjshs , who have enormously contributed while preparing this study related studies: Disclaimer: Trading success is all about following your trading strategy and the indicators should fit within your trading strategy, and not to be traded upon solely The script is for informational and educational purposes only. Use of the script does not constitute professional and/or financial advice. You alone have the sole responsibility of evaluating the script output and risks associated with the use of the script. In exchange for using the script, you agree not to hold dgtrd TradingView user liable for any possible claim for damages arising from any decision you make based on use of the script
Indicatore Pine Script®
di dgtrd
129
TradeJorno - Time + Price Levels Tired of manually drawing and updating important ICT or SMC time and price levels on your charts every day? Here’s an indicator to draw important TIME and PRICE levels automatically. Here’s what you can highlight in realtime on your charts: 1. Previous major highs and lows ⁃ Previous daily and weekly highs and low - Weekly dividing lines 2. Session highs/lows ⁃ Plot the high and low of Asia and London sessions. ⁃ Customise the timeframe and appearance on the chart. - Previous session settlement price. 3. Various price levels ⁃ Pre-market opening prices : midnight, 7:30 and 8:30 ⁃ Regular market opening prices: 9:30, 10:00, 14:00 - end of session settlement prices 4. Market opening range high and low ⁃ Lines extending throughout the current session ⁃ Customise the timeframe and appearance on the chart. 5. ICT Macro times - Draw customisable vertical lines and labels to indicate the start of each ICT macro period. Let us know in the comments below if there’s anything else we need to add!
Indicatore Pine Script®
di tradejorno
Previous Two Days HL + Asia H/L + 4H Vertical Lines📊 Indicator Overview This custom TradingView indicator visually marks key market structure levels and session data on your chart using lines, labels, boxes, and vertical guides. It is designed for traders who analyze intraday and multi-session behavior — especially around the New York and Asia sessions — with a focus on 4-hour price ranges. 🔍 What the Indicator Tracks 1. Previous Two Days' Ranges (6PM–5PM NY Time) PDH/PDL (Day 1 & Day 2): Draws horizontal lines marking the previous two trading days’ highs and lows. Midlines: Calculates and displays the midpoint between each day’s high and low. Color-Coded: Uses strong colors for Day 1 and more transparent versions for Day 2, to help differentiate them. 2. Asia Session High/Low (6 PM – 2 AM NY Time) Automatically tracks the high and low during the Asia session. Extends these levels until the following day’s NY close (4 PM). Shows a midline of the Asia session (optional dotted line). Highlights the Asia session background in gray. Labels Asia High and Low on the chart for easy reference. 3. Last Closed 4-Hour Candle Range At the start of every new 4H candle, it: Draws a box from the last closed 4H candle. Box spans horizontally across a set number of bars (adjustable). Top and bottom lines indicate the high and low of that 4H candle. Midline, 25% (Q1) and 75% (Q3) levels are also drawn inside the box using dotted lines. Helps traders identify premium/discount zones within the previous 4H range. 4. Vertical 4H Time Markers Draws vertical dashed lines to mark the start and end of the last 4H candle range. Based on the standard 4H bar timing in NY (e.g. 5:00, 9:00, 13:00, 17:00). ⚙️ Inputs & Options Line thickness, color customization for all levels. Option to place labels on the right or left side of the chart. Toggle for enabling/disabling the 4H box. Adjustable box extension length (how far to extend the range visually). ✅ Ideal Use Cases Identifying reaction zones from prior highs/lows. Spotting reversals during Asia or NY session opens. Trading intraday setups based on 4H structure. Anchoring scalping or swing entries off major session levels.
Indicatore Pine Script®
di barton_evan
Vix_Fix Enhanced MTF [Cometreon]The VIX Fix Enhanced is designed to detect market bottoms and spikes in volatility, helping traders anticipate major reversals with precision. Unlike standard VIX Fix tools, this version allows you to control the standard deviation logic, switch between chart styles, customize visual outputs, and set up advanced alerts — all with no repainting. 🧠 Logic and Calculation This indicator is based on Larry Williams' VIX Fix and integrates features derived from community requests/advice, such as inverse VIX logic. It calculates volatility spikes using a customizable standard deviation of the lows and compares it to a moving high to identify potential reversal points. All moving average logic is based on Cometreon's proprietary library, ensuring accurate and optimized calculations on all 15 moving average types. 🔷 New Features and Improvements 🟩 Custom Visual Styles Choose how you want your VIX data displayed: Line Step Line Histogram Area Column You can also flip the orientation (bottom-up or top-down), change the source ticker, and tailor the display to match your charting preferences. 🟩 Multi-MA Standard Deviation Calculation Customize the standard deviation formula by selecting from 15 different moving averages: SMA (Simple Moving Average) EMA (Exponential Moving Average) WMA (Weighted Moving Average) RMA (Smoothed Moving Average) HMA (Hull Moving Average) JMA (Jurik Moving Average) DEMA (Double Exponential Moving Average) TEMA (Triple Exponential Moving Average) LSMA (Least Squares Moving Average) VWMA (Volume-Weighted Moving Average) SMMA (Smoothed Moving Average) KAMA (Kaufman’s Adaptive Moving Average) ALMA (Arnaud Legoux Moving Average) FRAMA (Fractal Adaptive Moving Average) VIDYA (Variable Index Dynamic Average) This gives you fine control over how volatility is measured and allows tuning the sensitivity for different market conditions. 🟩 Full Control Over Percentile and Deviation Conditions You can enable or disable lines for standard deviation and percentile conditions, and define whether you want to trigger on over or under levels — adapting the indicator to your exact logic and style. 🟩 Chart Type Selection You're no longer limited to candlestick charts! Now you can use Vix_Fix with different chart formats, including: Candlestick Heikin Ashi Renko Kagi Line Break Point & Figure 🟩 Multi-Timeframe Compatibility Without Repainting Use a different timeframe from your chart with confidence. Signals remain stable and do not repaint. Perfect for spotting long-term reversal setups on lower timeframes. 🟩 Alert System Ready Configure alerts directly from the indicator’s panel when conditions for over/under signals are met. Stay informed without needing to monitor the chart constantly. 🔷 Technical Details and Customizable Inputs This indicator includes full control over the logic and appearance: 1️⃣ Length Deviation High - Adjusts the lookback period used to calculate the high deviation level of the VIX logic. Shorter values make it more reactive; longer values smooth out the signal. 2️⃣ Ticker - Choose a different chart type for the calculation, including Heikin Ashi, Renko, Kagi, Line Break, and Point & Figure. 3️⃣ Style VIX - Change the visual style (Line, Histogram, Column, etc.), adjust line width, and optionally invert the display (bottom-to-top). 📌 Fill zones for deviation and percentile are active only in Line and Step Line modes 4️⃣ Use Standard Deviation Up / Down - Enable the overbought and oversold zone logic based on upper and lower standard deviation bands. 5️⃣ Different Type MA (for StdDev) - Choose from 15 different moving averages to define the calculation method for standard deviation (SMA, EMA, HMA, JMA, etc.), with dedicated parameters like Phase, Sigma, and Offset for optimized responsiveness. 6️⃣ BB Length & Multiplier - Adjust the period and multiplier for the standard deviation bands, similar to how Bollinger Bands work. 7️⃣ Show StdDev Up / Down Line - Enable or disable the visibility of upper and lower standard deviation boundaries. 8️⃣ Use Percentile & Length High - Activate the percentile-based logic to detect extreme values in historical volatility using a customizable lookback length. 9️⃣ Highest % / Lowest % - Set the high and low percentile thresholds (e.g., 85 for high, 99 for low) that will be used to trigger over/under signals. 🔟 Show High / Low Percentile Line - Toggle the visual display of the percentile boundaries directly on the chart for clearer signal reference. 1️⃣1️⃣ Ticker Settings – Customize parameters for special chart types such as Renko, Heikin Ashi, Kagi, Line Break, and Point & Figure, adjusting reversal, number of lines, ATR length, etc. 1️⃣2️⃣ Timeframe – Enables using SuperTrend on a higher timeframe. 1️⃣3️⃣ Wait for Timeframe Closes - ✅ Enabled – Displays Vix_Fix smoothly with interruptions. ❌ Disabled – Displays Vix_Fix smoothly without interruptions. ☄️ If you find this indicator useful, leave a Boost to support its development! Every feedback helps to continuously improve the tool, offering an even more effective trading experience. Share your thoughts in the comments! 🚀🔥
Indicatore Pine Script®
di Cometreon
ORB2The "ORB2" Indicator (Opening Range Breakout 2) is designed to identify the key price range at the beginning of the trading day—commonly referred to as the opening range. Its main purpose is to help traders detect potential breakout points from this range, which are often used as signals for trade entries. 📌 Purpose The indicator visually marks the highest (high) and lowest (low) price within a defined time interval at the start of the session (e.g., from 09:15 to 09:20). These values form what’s known as the opening range, which is often considered a consolidation zone before the market chooses a direction. ⚙️ How It Works Time Setup: The user defines the time window during which the opening range is monitored (default: 09:15–09:20). The high and low values are tracked within this interval. Session Detection: When the defined session begins (is_first), the indicator records the current high and low as the initial ORB levels. Range Updating: During the session, if a new candle has a higher high or a lower low than the previously recorded ORB range, the indicator updates the levels accordingly. Visualization: The ORB zone is displayed as a shaded area (a blue fill between a green upper line and a red lower line)—but only when applied to intra-day charts with a time interval less than or equal to the specified inputMax (e.g., 5 minutes). 🎯 Purpose and Benefits Quick breakout detection – Helps traders easily identify when price breaks out of the initial consolidation. Clear visualization – Highlights the high/low boundaries and range area, making breakout strategies more effective. Customizability – The user can adjust the session time and the maximum allowed chart resolution for display.
Indicatore Pine Script®
di Aleksin_Aleksandar
1
15Min Opening Range & Midline (UTC+2) This TradingView script draws the 15-minute Opening Range of the day based on a user-defined start time and plots the high, low, and midline of this range. It works by capturing the high and low of the first 15 minutes of the session, and then extending them for the rest of the trading day. The midline is calculated as the average of the high and low values. Key Features: User-configurable start time: Define the hour and minute for when the opening range should start based on your local time zone. Line customization: Choose the color and line style (solid, dashed, dotted) for the high, low, and midline. Easy-to-read visual representation: The high and low lines extend across the chart from the range start, with the midline placed in the center. Dynamic updates: The indicator resets at the start of each new trading day and updates the opening range lines accordingly. Perfect for: Traders looking to monitor the initial market range during the first 15 minutes of trading. Identifying key support and resistance levels based on early price action. Providing a midline to assess market bias and potential breakouts. Notes: The indicator calculates everything based on the local time zone you define and automatically adjusts to your desired start time. It will not redraw lines; once drawn, they remain on the chart until the next session.
Indicatore Pine Script®
di Tonotoloco
Pin Bar Highlighter OnlyAbsolutely — here’s a full **description and breakdown** of what the script does: --- ## 📜 Script Name: **"Pin Bar Highlighter Only"** --- ## 🎯 Purpose: This script **detects and highlights classic pin bar reversal candles** directly on the chart — without plotting any entry, stop loss, or take profit levels. It’s designed for traders who: * Want to manually assess trades * Prefer a clean chart * Use pin bar price action as a signal for potential reversals --- ## ✅ What It Does: * **Scans each candle** to check if it qualifies as a **bullish** or **bearish pin bar** * If valid: * Plots a **green triangle below** bullish pin bars * Plots a **red triangle above** bearish pin bars * Keeps your chart **minimal and uncluttered** --- ## 📌 How It Detects a Pin Bar: ### 🔹 1. Candle Structure: * Measures the total candle range: `high - low` * Calculates the **body size**: `abs(close - open)` * Calculates the **upper and lower wick sizes** ### 🔹 2. Pin Bar Criteria: * The **wick (nose)** must be at least **2/3 of the total candle length** * The **body** must be small — **≤ 1/3** of the total range * The **body** must be located at **one end** of the candle * The wick must **pierce the high/low** of the previous candle --- ## 📍 Bullish Pin Bar Requirements: * Close > Open (green candle) * Lower wick ≥ 66% of candle range * Body ≤ 33% of range * Candle **makes a new low** (current low < previous low) ### 📍 Bearish Pin Bar Requirements: * Close < Open (red candle) * Upper wick ≥ 66% of candle range * Body ≤ 33% of range * Candle **makes a new high** (current high > previous high) --- ## 🖼️ Visual Output: * 🔻 Red triangle **above** bearish pin bars * 🔺 Green triangle **below** bullish pin bars --- ## 🛠️ Example Use Cases: * Identify **reversal points** at support/resistance * Confirm signals with **VWAP**, supply/demand zones, or AVWAP (manually plotted) * Use in **conjunction with other strategies** — without clutter ---
Indicatore Pine Script®
di farimanga87
ORB-HL1. Opening Range Detection Automatically calculates the high and low of the first 15 minutes after the selected session opens. Supported sessions: New York (Futures): 08:30–08:45 EST New York (Equities): 09:30–09:45 EST London: 03:00–03:15 GMT Asia: 19:00–19:15 JST Plots ORB high/low lines for the rest of the day. 2. Breakout Signals Highlights the first valid breakout above or below the ORB range on the: 5-minute timeframe 15-minute timeframe Green arrows = breakout up (long) Red arrows = breakout down (short) 3. 1-Minute Projection When a breakout is confirmed on a higher timeframe (5m or 15m), a projection label (e.g., "5m", "15m") appears on the 1-minute chart. Purple label = 5m breakout Teal label = 15m breakout Helps you confirm momentum in real time while on the 1-minute chart. 4. Trailing Stop System Uses ATR to create an adaptive trailing stop after breakout. Turns green when price is above stop (bullish), red when below (bearish). Optional Buy / Sell signal labels appear on crossover events. 5. Session High/Low Visualization Tracks and displays the previous session’s High and Low for: Tokyo London New York Lines extend into the current session to act as S/R reference. Labels like "NY High", "Asia Low" are placed at the end of each line. 6. Alerts Built-in alerts for: First 5m or 15m breakout (long/short) Trailing stop Buy/Sell crossover 7. Customization Options Turn session H/L lines on/off per session Customize projection visibility Adjust ATR period and sensitivity Set how far each session line extends using bar offsets
Indicatore Pine Script®
di UnknownPlayer_421
StrategyUtilsLibrary "StrategyUtils" getHeikinAshi(open, high, low, close)   getHeikinAshi   Parameters:      open (float) : float: Raw open price      high (float) : float: Raw high price      low (float) : float: Raw low price      close (float) : float: Raw close price   Returns: tuple of haOpen, haClose, haHigh, haLow getFibExtensions(high, low)   getFibExtensions   Parameters:      high (float) : float: Highest point before trade      low (float) : float: Lowest point before trade   Returns: tuple of extension levels inBacktestWindow(time, start, end)   inBacktestWindow   Parameters:      time (int) : int: Current bar time      start (int) : int: Start timestamp      end (int) : int: End timestamp   Returns: bool: true if within Fbrange getCurrentState(buy, sell)   getCurrentState   Parameters:      buy (bool) : bool: Buy signal condition      sell (bool) : bool: Sell signal condition   Returns: string: "Buy", "Sell", or "None" formatPrice(price)   formatPrice   Parameters:      price (float) : float: Input price value   Returns: string: Formatted price string getColorByProfit(netprofit, initial, green, red)   getColorByProfit   Parameters:      netprofit (float) : float: Strategy net profit      initial (float) : float: Initial capital      green (color) : color: Positive color      red (color) : color: Negative color   Returns: color: Display color based on PnL
Libreria Pine Script®
di kingthies
Auto Darvas Boxes## AUTO DARVAS BOXES --- ### OVERVIEW **Auto Darvas Boxes** is a fully-automated, event-driven implementation of Nicolas Darvas’s 1950s box methodology. The script tracks consolidation zones in real time, verifies that price truly “respects” those zones for a fixed validation window, then waits for the first decisive range violation to mark a directional breakout. Every box is plotted end-to-end—from the first candle of the sideways range to the exact candle that ruptures it—giving you an on-chart, visually precise record of accumulation or distribution and the expansion that follows. --- ### HISTORICAL BACKGROUND * Nicolas Darvas was a professional ballroom dancer who traded U.S. equities by telegram while touring the world. * Without live news or Level II, he relied exclusively on **price** to infer institutional intent. * His core insight: true market-moving entities leave footprints in the form of tight ranges; once their buying (or selling) is complete, price erupts out of the “box.” * Darvas’s original procedure was manual—he kept notebooks, drew rectangles around highs and lows, and entered only when price punched out of the roof of a valid box. * This indicator distills that logic into a rolling, self-resetting state machine so you never miss a box or breakout on any timeframe. --- ### ALGORITHM DETAIL (FOUR-STATE MACHINE) **STATE 0 – RANGE DEFINITION**  • Examine the last *N* candles (default 7).  • Record `rangeHigh = highest(high, N) + tolerance`.  • Record `rangeLow = lowest(low, N) – tolerance`.  • Remember the index of the earliest bar in this window (`startBar`).  • Immediately transition to STATE 1. **STATE 1 – RANGE VALIDATION**  • Observe the next *N* candles (again default 7).  • If **any** candle prints `high > rangeHigh` or `low < rangeLow`, the validation fails and the engine resets to STATE 0 **beginning at the violating candle**—no halfway boxes, no overlap.  • If all *N* candles remain inside the range, the box becomes **armed** and we transition to STATE 2. **STATE 2 – ARMED (LIVE VISUAL FEEDBACK)**  • Draw a **green horizontal line** at `rangeHigh`.  • Draw a **red horizontal line** at `rangeLow`.  • Lines are extended in real time so the user can see the “live” Darvas ceiling and floor.  • Engine waits indefinitely for a breakout candle:   – **Up-Breakout** if `high > rangeHigh`.   – **Down-Breakout** if `low < rangeLow`. **STATE 3 – BREAKOUT & COOLDOWN**  • Upon breakout the script:   1. Deletes the live range lines.   2. Draws a **filled rectangle (box)** from `startBar` to the breakout bar.     ◦ **Green fill** when price exits above the ceiling.     ◦ **Red fill** when price exits below the floor.   3. Optionally prints two labels at the left edge of the box:     ◦ Dollar distance = `rangeHigh − rangeLow`.     ◦ Percentage distance = `(rangeHigh − rangeLow) / rangeLow × 100 %`.  • After painting, the script waits a **user-defined cooldown** (default = 7 bars) before reverting to STATE 0. The cooldown guarantees separation between consecutive tests and prevents overlapping rectangles. --- ### INPUT PARAMETERS (ALL ADJUSTABLE FROM THE SETTINGS PANEL) * **BARS TO DEFINE RANGE** – Number of candles used for both the definition and validation windows. Classic Darvas logic uses 7 but feel free to raise it on higher timeframes or volatile instruments. * **OPTIONAL TOLERANCE** – Absolute price buffer added above the ceiling and below the floor. Use a small tolerance to ignore single-tick spikes or data-feed noise. * **COOLDOWN BARS AFTER BREAKOUT** – How long the engine pauses before hunting for the next consolidation. Setting this equal to the range length produces non-overlapping, evenly spaced boxes. * **SHOW BOX DISTANCE LABELS** – Toggle on/off. When on, each completed box displays its vertical size in both dollars and percentage, anchored at the box’s left edge. --- ### REAL-TIME VISUALISATION * During the **armed** phase you see two extended, colour-coded guide-lines showing the exact high/low that must hold. * When the breakout finally occurs, those lines vanish and the rectangle instantly appears, coloured to match the breakout direction. * This immediate visual feedback turns any chart into a live Darvas tape—no manual drawing, no lag. --- ### PRACTICAL USE-CASES & BEST-PRACTICE WORKFLOWS * **INTRADAY MOMENTUM** – Drop the script on 1- to 15-minute charts to catch tight coils before they explode. The coloured box marks the precise origin of the expansion; stops can sit just inside the opposite side of the box. * **SWING & POSITION TRADING** – On 4-hour or daily charts, boxes often correspond to accumulation bases or volatility squeezes. Waiting for the box-validated breakout filters many false signals. * **MEAN-REVERSION OR “FADE” STRATEGIES** – If a breakout immediately fails and price re-enters the box, you may have trapped momentum traders; fading that failure can be lucrative. * **RISK MANAGEMENT** – Box extremes provide objective, structure-based stop levels rather than arbitrary ATR multiples. * **BACK-TEST RESEARCH** – Because each box is plotted from first range candle to breakout candle, you can programmatically measure hold time, range height, and post-breakout expectancy for any asset. --- ### CUSTOMISATION IDEAS FOR POWER USERS * **VOLATILITY-ADAPTIVE WINDOW** – Replace the fixed 7-bar length with a dynamic value tied to ATR percentile so the consolidation window stretches or compresses with volatility. * **MULTI-TIMEFRAME LOGIC** – Only arm a 5-minute box if the 1-hour trend is aligned. * **STRATEGY WRAPPER** – Convert the indicator to a full `strategy{}` script, automate entries on breakouts, and benchmark performance across assets. * **ALERTS** – Create TradingView alerts on both up-breakout and down-breakout conditions; route them to webhook for broker automation. --- ### FINAL THOUGHTS **Auto Darvas Boxes** packages one of the market’s oldest yet still potent price-action frameworks into a modern, self-resetting indicator. Whether you trade equities, futures, crypto, or forex, the script highlights genuine contraction-expansion sequences—Darvas’s original “boxes”—with zero manual effort, letting you focus solely on execution and risk.
Indicatore Pine Script®
di garysebastianbrowniii
Alpha Beta Gamma with Volume CandleAlpha Beta Gamma with Volume Candle This Pine Script indicator analyzes price dynamics and volume activity to assist traders in identifying momentum, reversals, and key price levels. It calculates three proprietary metrics—Alpha, Beta, and Gamma—based on a user-selected price type (e.g., Open, Close, HL2) and timeframe, using a lookback period (default 37 bars). These metrics normalize price movements relative to the range of highs and lows, helping traders gauge market strength and positioning. How It Works: Alpha: Measures the distance of the selected price from the lowest price over the lookback period, normalized by the period length. Beta: Represents the full price range (high minus low) over the lookback period, scaled by the period length. Gamma: Normalizes the price’s position within the high-low range, providing a 0–1 scale for relative positioning. Volume Analysis: The script classifies candles based on volume thresholds relative to a simple moving average (SMA, default 400 bars). High volume (≥ 2x SMA), low volume (≤ 0.5x SMA), and strong signal volume (≥ 1.5x SMA) trigger distinct candle colors to highlight bullish (e.g., deep blue, violet) or bearish (e.g., aqua, pink) conditions. Custom Bands: Nine horizontal levels (0 to 1, divided into eight equal parts) act as dynamic support/resistance zones, useful for grid-based trading or breakout strategies. How to Use: Inputs: Chart Timeframe: Select the timeframe for price data (e.g., 1H, 1D). Price Type: Choose the price metric (e.g., Close, HL2) for calculations. ABG Length: Adjust the lookback period (default 37) for sensitivity. Volume MA Length: Set the SMA period for volume analysis (default 400). Volume Thresholds: Customize high, low, and strong volume multipliers. Visual Settings: Toggle labels, custom bands, and table display; adjust line styles, label sizes, and table positions. Interpretation: Use Alpha, Beta, and Gamma plots to assess price momentum and range dynamics. Monitor colored candles for volume-driven signals (e.g., violet for strong bullish volume). Leverage custom bands for support/resistance or breakout trading. Check the table for real-time ABG values and percentage changes. Settings Tips: For scalping, reduce the ABG Length (e.g., 20) and use a shorter timeframe (e.g., 5M). For swing trading, increase the Volume MA Length (e.g., 600) for more stable volume signals. Enable labels and custom bands for visual clarity on key levels. This indicator is versatile for various trading styles, combining price-based metrics with volume analysis to enhance decision-making.
Indicatore Pine Script®
di Dshergill
Highest/Lowest Range in TimeframeThis script helps traders visually identify the highest high and lowest low within a customizable range of recent bars. 🔍 Key Features Scans the last 100 to 1000 bars (user-defined) Automatically detects: The highest wick (high) and lowest wick (low) Draws dotted green horizontal lines at both levels Shows a label indicating the percentage range between high and low Displays real-time high and low price labels directly on the chart ⚙️ Use Cases Quickly spot price extremes over your desired time window Visually measure market range and volatility Identify breakout potential or reversal zones ✅ How to Use Add the script to your chart. Set the “Bars to Scan” input to your desired lookback period (between 100–1000). Use the displayed lines and labels to identify key high/low price levels and range metrics.
Indicatore Pine Script®
di BIGTAKER
ICT SMC Liquidity Grabs and OBsICT SMC Liquidity Grabs + Order Blocks + Fibonacci OTE Levels A High-Probability Entry Engine for Smart Money Concept Traders This script combines three powerful Smart Money Concepts (SMC) into a single tool: Liquidity Grabs, Order Block Zones, and Fibonacci OTE Levels, allowing traders to identify institutional entry models with clean, rule-based visual signals. It’s designed to simplify SMC trading by highlighting confluence zones where price is likely to reverse or continue — with clear visual zones, entry arrows, and take profit projections. 🔍 What This Script Does: Detects Liquidity Grabs Identifies when price sweeps above/below the highest high or lowest low within a user-defined lookback period and closes back inside. Plots orange labels on the chart to signal potential liquidity events (LG-H / LG-L). Plots Order Blocks After Liquidity Grabs After a liquidity grab, the script looks for displacement candles (strong bullish or bearish moves) and draws highlighted OB zones extending several bars to the right. These zones represent potential institutional footprints for price reversals. Draws Fibonacci OTE Levels (Optimal Trade Entry) Uses recent swing high and low pivots to automatically calculate OTE zones (default: 62% and 75% retracement levels). Draws these retracement zones for both bullish and bearish setups. Marks Valid OTE Entry Zones Buy/Sell zones only trigger when: A liquidity grab occurs, Price enters the OTE zone, And a strong confirming candle is present. Plots green/red arrows for valid buy/sell OTE entries. Auto-Draws Take Profit Zones TP1 = Previous swing high/low TP2 = Risk-based R-multiplied extension (e.g., 1.5R — customizable) Alerts Triggers alerts when valid buy or sell OTE setups are detected. ⚙️ Customization Features: Toggle each feature: Liquidity Grabs, Order Blocks, Fibonacci OTE levels Set Fibonacci retracement percentages (e.g., 0.62 / 0.75) Adjust lookback window for liquidity detection Customize the take-profit multiplier (R-based) Full control over visuals: colors, labels, and lines 💡 How to Use: Use this script to scan for high-confluence trade setups based on Smart Money principles. Combine with session timing (e.g., New York open), major swing structure, or Kill Zone windows for maximum edge. Look for arrows inside OB zones or OTE levels following liquidity sweeps for cleaner entries. 🔗 Works Best With: ✅ First FVG — Opening Range Fair Value Gap Detector: Identify early inefficiencies to set the narrative for the day. ✅ Liquidity Levels — Smart Swing Lows: Spot key structural lows that can fuel stop hunts and reversals. ✅ ICT Turtle Soup — Liquidity Reversal: Add a classic reversal pattern to your toolkit to catch fakeouts cleanly. Together, these tools build a complete Smart Money ecosystem for entry precision, risk management, and price behavior forecasting.
Indicatore Pine Script®
di MrWoof888
1
ICT Turtle Soup (Liquidity Reversal)ICT Turtle Soup — Liquidity Reversal Detection Classic Liquidity Trap Reversal Strategy for Smart Money Traders This indicator implements the ICT Turtle Soup concept — a classic liquidity-based reversal pattern — which occurs when price runs above or below a recent swing level to grab liquidity, then sharply reverses. This pattern is commonly used in Smart Money Concepts (SMC) and Inner Circle Trader (ICT) strategies to anticipate false breakouts and high-probability reversals. 🔍 What This Script Does: Identifies Swing Highs & Lows Detects recent swing highs and lows using a customizable lookback period. Tracks Liquidity Grabs A bearish Turtle Soup setup is triggered when price breaks above a recent swing high but closes back below it. A bullish Turtle Soup setup is triggered when price breaks below a recent swing low but closes back above it. These conditions often signal liquidity traps, where price sweeps resting orders before reversing. Plots Signals Directly on the Chart Turtle Soup setups are marked with 🐢🔻 (bearish) and 🐢🔺 (bullish) labels. Optional full-text labels can also be displayed for clarity and journaling. Includes Alert Conditions Alerts can be enabled to notify you of bullish or bearish Turtle Soup reversals in real-time. ⚙️ Customization Features: Adjustable swing lookback period Enable/disable Turtle Soup labels Set label font size Choose your preferred bullish/bearish signal colors 💡 How to Use: Add this script to your chart (ideally on intraday timeframes such as 5m–15m). Wait for a Turtle Soup signal near a key swing high/low or liquidity zone. Combine with other confirmation tools (e.g., FVGs, Order Blocks, OTE) for stronger setups. Use alerts to stay ahead of fast-moving reversals. 🧠 Why It Works: Turtle Soup setups are rooted in liquidity theory — they exploit the market’s tendency to sweep obvious swing levels before reversing. These moves often trap retail traders and mark the beginning of Smart Money entries. 🔗 Best Used With: Maximize the edge by combining this with other SMC tools: ✅ First FVG — Opening Range Fair Value Gap Detector ✅ ICT SMC Liquidity Grabs + OB + Fibonacci OTE Levels ✅ Liquidity Levels — Smart Swing Lows Together, they create a complete ecosystem for identifying, confirming, and executing liquidity-driven trade setups with precision.
Indicatore Pine Script®
di MrWoof888
Bull Bear Pivot by RawstocksThe "Bull Bear Pivot" indicator is a custom Pine Script (v5) tool designed for TradingView to assist traders in identifying key price levels and pivot points on intraday charts (up to 1-hour timeframes). It combines time-based open price markers, pivot high/low detection, and candlestick visualization to provide a comprehensive view of potential support, resistance, and trend reversal levels. Below is a detailed description of the indicator’s functionality, features, and intended use. Indicator Overview: The "Bull Bear Pivot" indicator is tailored for intraday trading, focusing on specific times of the day to mark significant price levels (open prices) and detect pivot points. It plots horizontal lines at the open prices of user-defined sessions, identifies pivot highs and lows on the current chart timeframe, and overlays custom candlesticks to highlight price action. The indicator is designed to work on timeframes of 1 hour or less (e.g., 1-minute, 3-minute, 5-minute, 15-minute, 30-minute, 60-minute) and includes a warning mechanism for invalid timeframes. Key Features: Time-Based Open Price Markers: The indicator allows users to define up to five time-based sessions (e.g., 4:00 AM, 8:30 AM, 9:30 AM, 10:00 AM, and a custom time) to capture the open price at the start of each session. For each session, it plots a horizontal line at the 1-minute open price, extending from the session start to the market close at 4:00 PM EST. Each line is accompanied by a label positioned 5 bars to the right of the market close (4:00 PM EST), with the text right-aligned and vertically centered on the line. Users can enable/disable each marker, customize the session time, label text, line color, and text color via the indicator’s settings. Pivot Highs and Lows: The indicator calculates pivot highs and lows on the current chart timeframe using the ta.pivothigh and ta.pivotlow functions. Pivot highs are marked with green triangles above the bars, and pivot lows are marked with red triangles below the bars. The pivot period (lookback/lookforward) is user-configurable, allowing flexibility in detecting short-term or longer-term reversals. Custom Candlesticks: The indicator overlays custom candlesticks on the chart, colored green for bullish candles (close > open) and red for bearish candles (close < open). This feature helps visualize price action alongside the open price markers and pivot points. Timeframe Restriction: The indicator is designed to work on timeframes of 1 hour or less. If the chart timeframe exceeds 1 hour (e.g., 4-hour, daily), a warning label ("Timeframe > 1H\nIndicator Disabled") is displayed, and no elements are plotted. Customizable Appearance: Users can customize the appearance of the open price marker lines, including the line style (solid, dashed, dotted) and line width. Labels for the open price markers have no background (transparent) and use customizable text colors.
Indicatore Pine Script®
di Rawstocks
HILO Interpolation | QuantEdgeB🚀 Introducing HILO Interpolation by QuantEdgeB 🛠️ Overview HILO Interpolation is a dynamic price-action based signal engine crafted to adapt across trending and ranging conditions. By leveraging percentile-based price band interpolation, it identifies high-confidence breakout and breakdown zones. This indicator is designed to serve both as a momentum trigger in trend phases and as a price-reactive entry system during range-bound consolidation. By intelligently switching between percentile thresholds and interpolated logic, HILO minimizes noise and whipsaws commonly seen in traditional crossover systems. ✨ Key Features 🔹 Percentile Interpolation Engine Tracks price breakouts using percentile thresholds, making it adaptable to volatility and asset-specific structure. 🔹 Price-Based Signal Confirmation Signals are only triggered when price meaningfully crosses through key percentile thresholds (based on historical high/low logic). 🔹 Visual Trend Encoding Color-coded candles, dynamic interpolation bands, and optional long/cash labels give clear visual cues for trend and trade direction. 🔹 Dynamic Threshold Switching Interpolated threshold flips based on where price sits relative to percentile bands—providing adaptive long/short logic. 📊 How It Works 1️⃣ Percentile Zone Definition HILO defines two key percentiles from the historical high and low: • Upper Threshold: 75th Percentile of Highs • Lower Threshold: 50th Percentile of Lows These are calculated using linear interpolation to ensure smoother transitions across lookback periods. 2️⃣ Adaptive Signal Line Instead of using static crossovers, HILO dynamically flips its signal based on whether price exceeds the upper threshold or falls below the lower one. 📌 If price > upper → Signal = Short threshold 📌 If price < lower → Signal = Long threshold 📌 If price remains between thresholds → no flip (trend continuation) 3️⃣ Signal Logic ✅ Long Signal → Price exceeds upper bound while lower bound acts as ceiling ❌ Short Signal → Price breaks below lower percentile while upper bound flips This simple yet powerful mechanism creates early entries while maintaining high signal confidence. 👁 Visual & Custom Features • 🎨 Multiple Color Modes: Strategy, Solar, Warm, Cool, Classic, Magic • 🔄 Dynamic Candle & Band Coloring • 🏷️ Signal Labels: Optional “𝓛𝓸𝓷𝓰” and “𝓢𝓱𝓸𝓻𝓽” tags when trend flips • 💬 Alerts Ready: Long/Short crossover conditions can trigger alerts instantly 👥 Who Should Use HILO? ✅ Breakout Traders – Catch early trend starts using percentile filters ✅ Swing Traders – Identify directional bias shifts in advance ✅ Range Strategists – Use band confluence zones to play reversions ✅ Quant & Rule-Based Traders – Incorporate percentile logic into broader systems ⚙️ Customization & Default Settings Percentile Length:(Default 35) Lookback for calculating percentile thresholds Lookback Period:(Default 4) Lag factor for interpolation responsiveness Upper % Threshold: (Default 75) Defines breakout zone from historical highs Lower % Threshold: (Default 50) Defines retest/accumulation zone from historical lows 📌 How to Use HILO in Trading 1️⃣ Trend-Following Strategy ✔ Enter long when price flips above the adaptive support line ✔ Exit or go short when price breaks below the interpolated resistance ✔ Continue position as long as trend color persists 2️⃣ Range-Reversion Strategy ✔ Buy when price tests the lower threshold and no short signal is triggered ✔ Sell or reduce when price hits the upper range boundary 🧠 Why It Works HILO operates on the principle that historical price structure creates natural probabilistic thresholds. By interpolating between these using percentile logic, the system maintains adaptability to changing market conditions—without the lag of moving averages or the noise of fixed bands. 🔹 Conclusion HILO Interpolation is a minimalist yet powerful signal engine built for adaptive breakout and reversion detection. Its percentile-based logic offers a novel way to identify structure shifts, giving traders an edge in both trend and range markets. 🔹 Key Takeaways: 1️⃣ Breakout Entry Logic – Uses percentile interpolation instead of static bands 2️⃣ Color-Driven Clarity – Visual clarity via gradient zone overlays 3️⃣ Trend Integrity – Avoids overfitting and responds only to significant price movements 📌 Disclaimer: Past performance is not indicative of future results. No trading strategy can guarantee success in financial markets. 📌 Strategic Advice: Always backtest, optimize, and align parameters with your trading objectives and risk tolerance before live trading.
Indicatore Pine Script®
di QuantEdgeB
Key LevelsI couldn't find an indicator that plotted previous day and intraday key levels like I wanted. This indicator plots key levels on the chart: Current session high (HOD) and low (LOD) Previous day high (PDH), low (PDL), and close (PDC) Overnight high (ONH) and low (ONL) based on a defined overnight window At the start of a new session (day), the indicator resets its values and creates a new set of labels. These labels are positioned in a fixed horizontal column (offset from the current bar) and are updated each bar so that they remain vertically aligned with their corresponding level (with a small vertical offset). Inputs you can modify: Futures Mode and session times for equities and futures. Horizontal label offset (in bars) and vertical offset (price units) for label positioning. Colors, line widths, and styles for each level (day high, day low, overnight high/low, previous day levels). Adjust these inputs to match your market hours and desired appearance. Zero background in coding, but worked with chatGPT to develop this, and it works for me. Would welcome any and all feedback.
Indicatore Pine Script®
di DarkStarTrader
1
Nef33-Volume Footprint ApproximationDescription of the "Volume Footprint Approximation" Indicator Purpose The "Volume Footprint Approximation" indicator is a tool designed to assist traders in analyzing market volume dynamics and anticipating potential trend changes in price. It is inspired by the concept of a volume footprint chart, which visualizes the distribution of trading volume across different price levels. However, since TradingView does not provide detailed intrabar data for all users, this indicator approximates the behavior of a footprint chart by using available volume and price data (open, close, volume) to classify volume as buy or sell, calculate volume delta, detect imbalances, and generate trend change signals. The indicator is particularly useful for identifying areas of high buying or selling activity, imbalances between supply and demand, delta divergences, and potential reversal points in the market. It provides specific signals for bullish and bearish trend changes, making it suitable for traders looking to trade reversals or confirm trends. How It Works The indicator uses volume and price data from each candlestick to perform the following calculations: Volume Classification: Classifies the volume of each candlestick as "buy" or "sell" based on price movement: If the closing price is higher than the opening price (close > open), the volume is classified as "buy." If the closing price is lower than the opening price (close < open), the volume is classified as "sell." If the closing price equals the opening price (close == open), it compares with the previous close to determine the direction: If the current close is higher than the previous close, it is classified as "buy." If the current close is lower than the previous close, it is classified as "sell." If the current close equals the previous close, the classification from the previous bar is used. Delta Calculation: Calculates the volume delta as the difference between buy volume and sell volume (buyVolume - sellVolume). A positive delta indicates more buy volume; a negative delta indicates more sell volume. Imbalance Detection: Identifies imbalances between buy and sell volume: A buy imbalance occurs when buy volume exceeds sell volume by a defined percentage (default is 300%). A sell imbalance occurs when sell volume exceeds buy volume by the same percentage. Delta Divergence Detection: Positive Delta Divergence: Occurs when the price is falling (for at least 2 bars) but the delta is increasing or becomes positive, indicating that buyers are entering despite the price decline. Negative Delta Divergence: Occurs when the price is rising (for at least 2 bars) but the delta is decreasing or becomes negative, indicating that sellers are entering despite the price increase. Trend Change Signals: Bullish Signal (trendChangeBullish): Generated when the following conditions are met: There is a positive delta divergence. The delta has moved from a negative value (e.g., -500) to a positive value (e.g., +200) over the last 3 bars. There is a buy imbalance. The price is near a historical support level (approximated as the lowest low of the last 50 bars). Bearish Signal (trendChangeBearish): Generated when the following conditions are met: There is a negative delta divergence. The delta has moved from a positive value (e.g., +500) to a negative value (e.g., -200) over the last 3 bars. There is a sell imbalance. The price is near a historical resistance level (approximated as the highest high of the last 50 bars). Visual Elements The indicator is displayed in a separate panel below the price chart (overlay=false) and includes the following elements: Volume Histograms: Buy Volume: Represented by a green histogram. Shows the volume classified as "buy." Sell Volume: Represented by a red histogram. Shows the volume classified as "sell." Note: The histograms overlap, and the last plotted histogram (red) takes visual precedence, meaning the sell volume may cover the buy volume if it is larger. Delta Line: Delta Volume: Represented by a blue line. Shows the difference between buy and sell volume. A line above zero indicates more buy volume; a line below zero indicates more sell volume. A dashed gray horizontal line marks the zero level for easier interpretation. Imbalance Backgrounds: Buy Imbalance: Light green background when buy volume exceeds sell volume by the defined percentage. Sell Imbalance: Light red background when sell volume exceeds buy volume by the defined percentage. Divergence Backgrounds: Positive Delta Divergence: Lime green background when a positive delta divergence is detected. Negative Delta Divergence: Fuchsia background when a negative delta divergence is detected. Trend Change Signals: Bullish Signal: Green label with the text "Bullish Trend Change" when the conditions for a bullish trend change are met. Bearish Signal: Red label with the text "Bearish Trend Change" when the conditions for a bearish trend change are met. Information Labels: Below each bar, a label displays: Total Vol: The total volume of the bar. Delta: The delta volume value. Alerts The indicator generates the following alerts: Positive Delta Divergence: "Positive Delta Divergence Detected! Price is falling, but delta is increasing." Negative Delta Divergence: "Negative Delta Divergence Detected! Price is rising, but delta is decreasing." Bullish Trend Change Signal: "Bullish Trend Change Signal! Positive Delta Divergence, Delta Rise, Buy Imbalance, and Near Support." Bearish Trend Change Signal: "Bearish Trend Change Signal! Negative Delta Divergence, Delta Drop, Sell Imbalance, and Near Resistance." These alerts can be configured in TradingView to receive real-time notifications. Adjustable Parameters The indicator allows customization of the following parameters: Imbalance Threshold (%): The percentage required to detect an imbalance between buy and sell volume (default is 300%). Lookback Period for Divergence: Number of bars to look back for detecting price and delta trends (default is 2 bars). Support/Resistance Lookback Period: Number of bars to look back for identifying historical support and resistance levels (default is 50 bars). Delta High Threshold (Bearish): Minimum delta value 2 bars ago for the bearish signal (default is +500). Delta Low Threshold (Bearish): Maximum delta value in the current bar for the bearish signal (default is -200). Delta Low Threshold (Bullish): Maximum delta value 2 bars ago for the bullish signal (default is -500). Delta High Threshold (Bullish): Minimum delta value in the current bar for the bullish signal (default is +200). Practical Use The indicator is useful for the following purposes: Identifying Trend Changes: The trend change signals (trendChangeBullish and trendChangeBearish) indicate potential price reversals. For example, a bullish signal near a support level may be an opportunity to enter a long position. Detecting Divergences: Delta divergences (positive and negative) can anticipate trend changes by showing a disagreement between price movement and underlying buying/selling pressure. Finding Key Levels: Imbalances (green and red backgrounds) often coincide with support and resistance levels, helping to identify areas where the market might react. Confirming Trends: A consistently positive delta in an uptrend or a negative delta in a downtrend can confirm the strength of the trend. Identifying Failed Auctions: Although not detected automatically, you can manually identify failed auctions by observing a price move to new highs/lows with decreasing volume in the direction of the move. Limitations Intrabar Data: It does not use detailed intrabar data, making it less precise than a native footprint chart. Approximations: Volume classification and support/resistance detection are approximations, which may lead to false signals. Volume Dependency: It requires reliable volume data, so it may be less effective on assets with inaccurate volume data (e.g., some forex pairs). False Signals: Divergences and imbalances do not always indicate a trend change, especially in strongly trending markets. Recommendations Combine with Other Indicators: Use tools like RSI, MACD, support/resistance levels, or candlestick patterns to confirm signals. Trade on Higher Timeframes: Signals are more reliable on higher timeframes like 1-hour or 4-hour charts. Perform Backtesting: Evaluate the indicator's accuracy on historical data to adjust parameters and improve effectiveness. Adjust Parameters: Modify thresholds (e.g., imbalanceThreshold or supportResistanceLookback) based on the asset and timeframe you are trading. Conclusion The "Volume Footprint Approximation" indicator is a powerful tool for analyzing volume dynamics and anticipating price trend changes. By classifying volume, calculating delta, detecting imbalances and divergences, and generating trend change signals, it provides traders with valuable insights into market buying and selling pressure. While it has limitations due to the lack of intrabar data, it can be highly effective when used in combination with other technical analysis tools and on assets with reliable volume data.
Indicatore Pine Script®
di neftali1327
52W CP/H & H/L with percentage % differences52 Week High/Low Indicator with percentage difference between High/Low & High/Current Price A simple indicator that can be used on any timeframe to display the 52 week High/Low values along with percentage differences (rounded) between High/Low & High/Current Price to get an idea of the strength in the instruments current price to it's 52 week journey. Features * Works on any timeframe. * Simple horizontal lines showing only the current 52 week values. * Allows the user to select whether to calculate the 52-week values from candle close values or the respective highs/lows. * Allows users to toggle percentages label on/off This script is open source for users to refine as per their needs. Additionally I would appreciate any constructive feedback. Thank you
Indicatore Pine Script®
di Dscripted
Previous Day LevelsThis indicator plots the previous day's high, low, and 50% levels, providing a framework for analyzing price behavior relative to these key levels. Full Description: The Previous Day Levels indicator is a tool designed to help traders analyze price action based on key levels from the previous trading session. By plotting the high, low, and mid-point (50%) of the prior day’s range, traders can assess potential market bias and directional tendencies for the current trading day. Key Features: Plots the previous day’s high (100%), low (0%), and intermediate levels (25%, 50%, 75%). Allows users to customize line visibility, color, style, and width. Helps traders identify potential support and resistance zones. Provides a bias framework for determining whether price is more likely to target the previous high or low based on behavior around the 50% level. Use Case: This indicator is particularly useful for intraday and short-term traders who incorporate price action into their strategy. If price trades above the 50% level and holds, it suggests a bullish bias, indicating that price may aim for the previous day's high. If price trades below the 50% level and holds, it suggests a bearish bias, indicating that price may aim for the previous day's low. The high and low levels can act as key support and resistance zones, where price may react or reverse. How to Use: Apply the indicator to your chart. Observe how price interacts with the 50% level. Use price behavior around these levels to establish a directional bias. Adjust the line styles and colors to match your personal preference. Disclaimer: This indicator is a tool for market analysis and does not provide financial advice. Always perform your own analysis and risk management when trading.
Indicatore Pine Script®
di Emoprince
Uptrick: Time Based ReversionIntroduction The Uptrick: Time Based Reversion indicator is designed to provide a comprehensive view of market momentum and potential trend shifts by combining multiple moving averages, a streak-based trend analysis system, and adaptive color visualization. It helps traders identify strong trends, spot potential reversals, and make more informed trading decisions. Purpose The primary goal of this indicator is to assist traders in distinguishing between sustained market movements and short-lived fluctuations. By evaluating how price behaves relative to its moving averages, and by measuring consecutive streaks above or below these averages, the indicator highlights areas where trends are likely to continue or lose momentum. Overview Uptrick: Time Based Reversion calculates one or more moving averages of price data and then tracks the number of consecutive bars (streaks) above or below these averages. This streak-based detection provides insight into whether a trend is gaining strength or nearing a potential reversal point. The indicator offers: • Multiple moving average types (SMA, EMA, WMA) • Optional second and third moving average layers for additional smoothing of first moving average • A streak detection system to quantify trend intensity • A dynamic color scheme that changes with streak strength • Optional buy and sell signals for potential trade entries and exits • A ribbon mode that applies moving averages to Open, High, Low, and Close prices for a more detailed visualization of overall trend alignment Originality and Uniqueness Unlike traditional moving average indicators, Uptrick: Time Based Reversion incorporates a streak measurement system to detect trend strength. This approach helps clarify whether a price movement is merely a quick fluctuation or part of a longer-lasting trend. Additionally, the optional ribbon mode extends this logic to Open, High, Low, and Close prices, creating a layered and intuitive visualization that shows complete trend alignment. Inputs and Features 1. Enable Ribbon Mode This input lets you activate or deactivate the ribbon display of multiple moving averages. When enabled, the script plots moving averages for the Open, High, Low, and Close prices and uses color fills to show whether these four data points are collectively above or below their respective moving averages. 2. Color Scheme Selection Users can choose from several predefined color schemes, such as Default, Emerald, Crimson, Sapphire, Gold, Purple, Teal, Orange, Gray, Lime, or Aqua. Each scheme assigns distinct bullish, bearish and neutral colors.. 3. Show Buy/Sell Signals The indicator can display buy or sell signals based on its streak analysis logic. These signals appear as markers on the chart, indicating a “Safe Uptrend” (buy) or “Safe Downtrend” (sell). 4. Moving Average Types and Lengths • First MA Type and Length: Choose SMA, EMA, or WMA along with a customizable period. • Second and Third MA Types and Lengths: You can optionally stack additional moving averages for further smoothing, each with its own customizable type and period. 5. Streak Threshold Multiplier This numeric input determines how strong a streak must be before the script considers it a “safe” trend. A higher multiplier requires a longer or more intense streak for a buy or sell signal. 6. Dynamic Transparency Calculation The color intensity adapts to the streak’s strength. Longer streaks increase the transparency of the opposing color, making the current dominant color stand out. This feature ensures that a vigorous uptrend or downtrend is visually distinct from short-lived or weaker moves. 7. Ribbon Moving Averages In ribbon mode, the script calculates moving averages for the Open, High, Low, and Close prices. Each of these is optionally smoothed again if the second and/or third moving average layers are active. The final result is a ribbon of moving averages that helps confirm whether the market is uniformly aligned above or below these key reference points. Calculation Methodology 1. Initial Moving Average The script calculates the first moving average (SMA, EMA, or WMA) of the closing price over a user-defined period. 2. Optional Secondary and Tertiary Averages If selected, the script then applies a second and/or third smoothing step. Each of these steps can be a different type of moving average (SMA, EMA, or WMA) with its own period length. 3. Streak Detection The indicator counts consecutive bars above or below the smoothed moving average. A running total (streakUp or streakDown) increments with every bar that remains above or below that average. 4. Reversion Intensity The script compares the current streak value to its own average (calculated over the final chosen period). This ratio determines whether the streak is nearing a likely reversion or is strong enough to continue. 5. Color Assignment and Signals The indicator calculates color transparency based on streak intensity. Buy and sell signals appear when the streak meets or exceeds the threshold multiplier, indicating a safe uptrend or downtrend. Color Schemes and Visualization This indicator offers multiple predefined color sets. Each scheme specifies a unique bullish color, bearish color and neutral color. The script automatically varies transparency to highlight strong trends and fade weaker ones, making it visually clear when a trend is intensifying or losing momentum. Smoothing Techniques By allowing up to three layers of moving average smoothing, the indicator accommodates different trading styles. A single layer provides faster reactions to market changes, while more layers reduce noise at the cost of slower responsiveness. Traders can choose the right balance between responsiveness and stability for their strategy, whether it is short-term scalping or long-term trend following. Why It Combines Specific Smoothing Techniques The Uptrick: Time Based Reversion indicator strategically combines specific smoothing techniques—SMA, EMA, and WMA—to leverage their complementary strengths. The SMA provides stable and consistent trend identification by equally weighting all data points, while the EMA emphasizes recent price movements, allowing quicker responses to market changes. WMA enhances sensitivity to recent price shifts, which helps in detecting subtle momentum changes early. By integrating these methods in layers, the indicator effectively balances responsiveness with stability, helping traders clearly identify genuine trend changes while filtering out short-term noise and false signals. Ribbon Mode If Open, High, Low, and Close prices remain above or below their respective moving averages consistently, the script colors the bars fully bullish or bearish. When the data points are mixed, a neutral color is applied. This mode provides a thorough perspective on whether the entire price range is aligned in one direction or showing conflicting signals. Summary Uptrick: Time Based Reversion combines multiple moving averages, streak detection, and dynamic color adjustments to help traders identify significant trends and potential reversal areas. Its flexibility allows it to be used either in a simpler form, with one moving average and streak analysis, or in a more advanced configuration with ribbon mode that charts multiple smoothed averages for a deeper understanding of price alignment. By adapting color intensities based on streak strength and providing optional buy/sell signals, this indicator delivers a clear and flexible tool suited to various trading strategies. Disclaimer This indicator is designed as an analysis aid and does not guarantee profitable trades. Past performance does not indicate future success, and market conditions can change unexpectedly. Users are advised to employ proper risk management and thoroughly evaluate trades before taking positions. Use this indicator as part of a broader strategy, not as a sole decision-making tool.
Indicatore Pine Script®
di Uptrick
4
Divergence IQ [TradingIQ]Hello Traders! Introducing "Divergence IQ" Divergence IQ lets traders identify divergences between price action and almost ANY TradingView technical indicator. This tool is designed to help you spot potential trend reversals and continuation patterns with a range of configurable features. Features Divergence Detection Detects both regular and hidden divergences for bullish and bearish setups by comparing price movements with changes in the indicator. Offers two detection methods: one based on classic pivot point analysis and another that provides immediate divergence signals. Option to use closing prices for divergence detection, allowing you to choose the data that best fits your strategy. Normalization Options: Includes multiple normalization techniques such as robust scaling, rolling Z-score, rolling min-max, or no normalization at all. Adjustable normalization window lets you customize the indicator to suit various market conditions. Option to display the normalized indicator on the chart for clearer visual comparison. Allows traders to take indicators that aren't oscillators, and convert them into an oscillator - allowing for better divergence detection. Simulated Trade Management: Integrates simulated trade entries and exits based on divergence signals to demonstrate potential trading outcomes. Customizable exit strategies with options for ATR-based or percentage-based stop loss and profit target settings. Automatically calculates key trade metrics such as profit percentage, win rate, profit factor, and total trade count. Visual Enhancements and On-Chart Displays: Color-coded signals differentiate between bullish, bearish, hidden bullish, and hidden bearish divergence setups. On-chart labels, lines, and gradient flow visualizations clearly mark divergence signals, entry points, and exit levels. Configurable settings let you choose whether to display divergence signals on the price chart or in a separate pane. Performance Metrics Table: A performance table dynamically displays important statistics like profit, win rate, profit factor, and number of trades. This feature offers an at-a-glance assessment of how the divergence-based strategy is performing. The image above shows Divergence IQ successfully identifying and trading a bullish divergence between an indicator and price action! The image above shows Divergence IQ successfully identifying and trading a bearish divergence between an indicator and price action! The image above shows Divergence IQ successfully identifying and trading a hidden bullish divergence between an indicator and price action! The image above shows Divergence IQ successfully identifying and trading a hidden bearish divergence between an indicator and price action! The performance table is designed to provide a clear summary of simulated trade results based on divergence setups. You can easily review key metrics to assess the strategy’s effectiveness over different time periods. Customization and Adaptability Divergence IQ offers a wide range of configurable settings to tailor the indicator to your personal trading approach. You can adjust the lookback and lookahead periods for pivot detection, select your preferred method for normalization, and modify trade exit parameters to manage risk according to your strategy. The tool’s clear visual elements and comprehensive performance metrics make it a useful addition to your technical analysis toolbox. The image above shows Divergence IQ identifying divergences between price action and OBV with no normalization technique applied. While traders can look for divergences between OBV and price, OBV doesn't naturally behave like an oscillator, with no definable upper and lower threshold, OBV can infinitely increase or decrease. With Divergence IQ's ability to normalize any indicator, traders can normalize non-oscillator technical indicators such as OBV, CVD, MACD, or even a moving average. In the image above, the "Robust Scaling" normalization technique is selected. Consequently, the output of OBV has changed and is now behaving similar to an oscillator-like technical indicator. This makes spotting divergences between the indicator and price easier and more appropriate. The three normalization techniques included will change the indicator's final output to be more compatible with divergence detection. This feature can be used with almost any technical indicator. Stop Type Traders can select between ATR based profit targets and stop losses, or percentage based profit targets and stop losses. The image above shows options for the feature. Divergence Detection Method A natural pitfall of divergence trading is that it generally takes several bars to "confirm" a divergence. This makes trading the divergence complicated, because the entry at time of the divergence might look great; however, the divergence wasn't actually signaled until several bars later. To circumvent this issue, Divergence IQ offers two divergence detection mechanisms. Pivot Detection Pivot detection mode is the same as almost every divergence indicator on TradingView. The Pivots High Low indicator is used to detect market/indicator highs and lows and, consequently, divergences. This method generally finds the "best looking" divergences, but will always take additional time to confirm the divergence. Immediate Detection Immediate detection mode attempts to reduce lag between the divergence and its confirmation to as little as possible while avoiding repainting. Immediate detection mode still uses the Pivots Detection model to find the first high/low of a divergence. However, the most recent high/low does not utilize the Pivot Detection model, and instead immediately looks for a divergence between price and an indicator. Immediate Detection Mode will always signal a divergence one bar after it's occurred, and traders can set alerts in this mode to be alerted as soon as the divergence occurs. TradingView Backtester Integration Divergence IQ is fully compatible with the TradingView backtester! Divergence IQ isn’t designed to be a “profitable strategy” for users to trade. Instead, the intention of including the backtester is to let users backtest divergence-based trading strategies between the asset on their chart and almost any technical indicator, and to see if divergences have any predictive utility in that market. So while the backtester is available in Divergence IQ, it’s for users to personally figure out if they should consider a divergence an actionable insight, and not a solicitation that Divergence IQ is a profitable trading strategy. Divergence IQ should be thought of as a Divergence backtesting toolkit, not a full-feature trading strategy. Strategy Properties Used For Backtest Initial Capital: $1000 - a realistic amount of starting capital that will resonate with many traders Amount Per Trade: 5% of equity - a realistic amount of capital to invest relative to portfolio size Commission: 0.02% - a conservative amount of commission to pay for trade that is standard in crypto trading, and very high for other markets. Slippage: 1 tick - appropriate for liquid markets, but must be increased in markets with low activity. Once more, the backtester is meant for traders to personally figure out if divergences are actionable trading signals on the market they wish to trade with the indicator they wish to use. And that's all! If you have any cool features you think can benefit Divergence IQ - please feel free to share them! Thank you so much TradingView community!
Strategia Pine Script®
di Trading-IQ
2
Acceleration Bands HTF This version gives you the ability to see the indicator from the HIGHER timeframes when you are on the timeframes. Please note that this is not the original formula, but a factored one that I found effective for identifying market trends. Thanks to @capissimo who provided the base open-code. Acceleration Bands are designed to capture potential price breakouts or reversals in an asset. They are calculated based on a stock's price movements over a specified period, typically using the high, low, and closing prices. The idea is to identify moments when the price is accelerating (hence the name) beyond its normal range, which might indicate the beginning of a new trend. Calculation Acceleration Bands consist of three lines: Upper Band (AB Upper): This is calculated by adding a certain percentage of the simple moving average (SMA) to the highest high over a given period. Middle Band: This is typically the SMA of the stock's price. Lower Band (AB Lower): This is calculated by subtracting the same percentage of the SMA from the lowest low over a given period. Mathematically : AB Upper = SMA + (Highest High * Percentage) AB Lower = SMA - (Lowest Low * Percentage) OR Upper Band = SMA x (1 + (High - Low) / SMA) Lower Band = SMA x (1 - (High - Low) / SMA) Interpretation The bands are used to identify periods when the price of a security is accelerating or decelerating: Breakout Above Upper Band: This is usually considered a bullish signal, suggesting that the price is accelerating upwards and a new uptrend may be starting. Breakdown Below Lower Band: This is usually considered a bearish signal, suggesting that the price is accelerating downwards and a new downtrend may be starting. Reversal Between Bands: When the price re-enters the region between the bands after breaking out, it can be seen as a potential reversal signal. Trading Strategy Entry Signals: Buy when the price breaks above the upper band. Sell or short when the price breaks below the lower band. Exit Signals: Close a long position when the price falls back into the area between the bands. Close a short position when the price rises back into the area between the bands. Advantages Helps capture early trends. Can be used across various time frames and assets. Provides clear entry and exit signals.
Indicatore Pine Script®
di ZoharCho
1