IPDA Standard Deviations [DexterLab x TFO x toodegrees]> Introduction and Acknowledgements
The IPDA Standard Deviations tool encompasses the Time and price relationship as studied by @TraderDext3r .
I am not the creator of this Theory, and I do not hold the answers to all the questions you may have; I suggest you to study it from Dexter's tweets, videos, and material.
This tool was born from a collaboration between @TraderDext3r, @tradeforopp and I, with the objective of bringing a comprehensive IPDA Standard Deviations tool to Tradingview.
> Tool Description
This is purely a graphical aid for traders to be able to quickly determine Fractal IPDA Time Windows, and trace the potential Standard Deviations of the moves at their respective high and low extremes.
The disruptive value of this tool is that it allows traders to save Time by automatically adapting the Time Windows based on the current chart's Timeframe, as well as providing customizations to filter and focus on the appropriate Standard Deviations.
> IPDA Standard Deviations by TraderDext3r
The underlying idea is based on the Interbank Price Delivery Algorithm's lookback windows on the daily chart as taught by the Inner Circle Trader:
IPDA looks at the past three months of price action to determine how to deliver price in the future.
Additionally, the ICT concept of projecting specific manipulation moves prior to large displacement upwards/downwards is used to navigate and interpret the priorly mentioned displacement move. We pay attention to specific Standard Deviations based on the current environment and overall narrative.
Dexter being one of the most prominent Inner Circle Trader students, harnessed the fractal nature of price to derive fractal IPDA Lookback Time Windows for lower Timeframes, and studied the behaviour of price at specific Deviations.
For Example:
The -1 to -2 area can initiate an algorithmic retracement before continuation.
The -2 to -2.5 area can initiate an algorithmic retracement before continuation, or a Smart Money Reversal.
The -4 area should be seen as the ultimate objective, or the level at which the displacement will slow down.
Given that these ideas stem from ICT's concepts themselves, they are to be used hand in hand with all other ICT Concepts (PD Array Matrix, PO3, Institutional Price Levels, ...).
> Fractal IPDA Time Windows
The IPDA Lookbacks Types identified by Dexter are as follows:
Monthly – 1D Chart: one widow per Month, highlighting the past three Months.
Weekly – 4H to 8H Chart: one window per Week, highlighting the past three Weeks.
Daily – 15m to 1H Chart: one window per Day, highlighting the past three Days.
Intraday – 1m to 5m Chart: one window per 4 Hours highlighting the past 12 Hours.
Inside these three respective Time Windows, the extreme High and Low will be identified, as well as the prior opposing short term market structure point. These represent the anchors for the Standard Deviation Projections.
> Tool Settings
The User is able to plot any type of Standard Deviation they want by inputting them in the settings, in their own line of the text box. They will always be plotted from the Time Windows extremes.
As previously mentioned, the User is also able to define their own Timeframe intervals for the respective IPDA Lookback Types. The specific Timeframes on which the different Lookback Types are plotted are edge-inclusive. In case of an overlap, the higher Timeframe Lookback will be prioritized.
Finally the User is able to filter and remove Standard Deviations in two ways:
"Remove Once Invalidated" will automatically delete a Deviation once its outer anchor extreme is traded through.
Manual Toggles will allow to remove the Upward or Downward Deviation of each Time Window at the discretion of the User.
Major shoutout to Dexter and TFO for their Time, it was a pleasure to collaborate and create this tool with them.
GLGT!
Cerca negli script per "market structure"
ICT Institutional Order Flow (fadi)ICT Institutional Order Flow indicator is intended to provide wholistic view to better analyze order flow and where price may go to next. The concept follows ICT principles.
ICT Market Structure
ICT breaks down Pivot points into three categories:
Short Term High/Low (STH/STL) is a 3 candle pattern with a low with higher low on each side (STL), or a high with lower high on each side (STH)
Intermediate Term High/Low (ITH/ITL) uses the calculated STH/STL and marks any STH that has lower or STH on each side, and STL that has higher STL on each side
Long Term High/Low (LTH/LTL) uses the calculated ITH/ITL and marks any ITH that has lower or ITH on each side, and ITL that has higher ITL on each side
Note: ICT also states that if a STH wicks into and closes (almost?) a FVG, he marks it as ITH even if it does not have STH on reach side. This scenario is not covered by this indicator
Liquidity
liquidity is usually present under pivot points. The more prominent the pivot point, the more likely higher values liquidity pools reside under/above it. Liquidity under ITL and LTL as an example, will have better indication of which liquidity the price may seek next.
Displacement
Displacement registers above average move in the price resulting in strong visible move. If requiring a FVG is enabled (in settings), then the displacement could possibly (but never guaranteed) be used to visually recognize a move as it develops.
Full Credit: The calculation for Displacement is derived from TFO's Visualizing Displacement
Imbalances
Imbalances can come in different forms. This indicator identifies three type of imbalances:
1. FVG
2. Volume Imbalance
3. Open Gaps
Imbalances completes the picture by help visualize strong moves, where possible pivot points may develop, and how to enter or manage a trade.
ICT Silver Bullet [LuxAlgo]The ICT Silver Bullet indicator is inspired from the lectures of "The Inner Circle Trader" (ICT) and highlights the Silver Bullet (SB) window which is a specific 1-hour interval where a Fair Value Gap (FVG) pattern can be formed.
When a FVG is formed during the Silver Bullet window, Support & Resistance lines will be drawn at the end of the SB session.
There are 3 different Silver Bullet windows (New York local time):
The London Open Silver Bullet (3 AM — 4 AM ~ 03:00 — 04:00)
The AM Session Silver Bullet (10 AM — 11 AM ~ 10:00 — 11:00)
The PM Session Silver Bullet (2 PM — 3 PM ~ 14:00 — 15:00)
🔶 USAGE
The ICT Silver Bullet indicator aims to provide users a comprehensive display as similar as possible to how anyone would manually draw the concept on their charts.
It's important to use anything below the 15-minute timeframe to ensure proper setups can display. In this section, we are purely using the 3-minute timeframe.
In the image below, we can see a bullish setup whereas a FVG was successfully retested during the Silver Bullet session. This was then followed by a move upwards to liquidity as our target.
Alternatively, you can also see below a bearish setup utilizing the ICT Silver Bullet indicator outlined.
At this moment, the indicator has removed all other FVGs within the Silver Bullet session & has confirmed this FVG as the retested one.
There is also a support level marked below to be used as a liquidity target as per the ICT Silver Bullet concept suggests.
In the below chart we can see 4 separate consecutive examples of bullish & bearish setups on the 3-minute chart.
🔶 CONCEPTS
This technique can visualize potential support/resistance lines, which can be used as targets.
The script contains 2 main components:
• forming of a Fair Value Gap (FVG)
• drawing support/resistance (S/R) lines
🔹 Forming of FVG
1 basic principle: when a FVG at the end of the SB session is not retraced, it will be made invisible.
Dependable on the settings, different FVG's will be shown.
• 'All FVG': all FVG's are shown, regardless the trend
• 'Only FVG's in the same direction of trend': Only FVG's are shown that are similar to the trend at that moment (trend can be visualized by enabling ' Show ' -> ' Trend ')
-> only bearish FVG when the trend is bearish vs. bullish FVG when trend is bullish
• 'strict': Besides being similar to the trend, only FVG's are shown when the closing price at the end of the SB session is:
– below the top of the FVG box (bearish FVG)
– above bottom of the FVG box (bullish FVG)
• 'super-strict': Besides being similar to the trend, only FVG's are shown when the FVG box is NOT broken
in the opposite direction AND the closing price at the end of the SB session is:
– below bottom of the FVG box (bearish FVG)
– above the top of the FVG box (bullish FVG)
' Super-Strict ' mode resembles ICT lectures the most.
🔹 Drawing support/resistance lines
When the SB session has ended, the script draws potential support/resistance lines, again, dependable on the settings.
• Previous session (any): S/R lines are fetched between current and previous session.
For example, when current session is ' AM SB Session (10 AM — 11 AM) ', then previous session is
' London Open SB (3 AM — 4 AM) ', S/R lines between these 2 sessions alone will be included.
• Previous session (similar): S/R lines are fetched between current and previous - similar - session.
For example, when current session is ' London Open SB (3 AM — 4 AM)' , only S/R lines between
current session and previous ' London Open SB (3 AM — 4 AM) ' session are included.
When a new session starts, S/R lines will be removed, except when enabling ' Keep lines (only in strict mode) '
This is not possible in ' All FVG ' or ' Only FVG's in the same direction of trend ' mode, since the chart would be cluttered.
Note that in ' All FVG ' or ' Only FVG's in the same direction of trend ' mode, both, Support/Resistance lines will be shown,
while in Strict/Super-Strict mode:
• only Support lines will be shown if a bearish FVG appears
• only Resistance lines if a bullish FVG is shown
The lines will still be drawn the the end of the SB session, when a valid FVG appears,
but the S/R lines will remain visible and keep being updated until price reaches that line.
This publication contains a "Minimum Trade Framework (mTFW)", which represents the best-case expected price delivery, this is not your actual trade entry - exit range.
• 40 ticks for index futures or indices
• 15 pips for Forex pairs.
When on ' Strict/Super-Strict ' mode, only S/R lines will be shown which are:
• higher than the lowest FVG bottom + mTFW, in a bullish scenario
• lower than the highest FVG bottom - mTFW, in a bearish scenario
When on ' All FVG/Only FVG's in the same direction of trend ' mode, or on non-Forex/Futures/Indices symbols, S/R needs to be higher/lower than SB session high/low.
🔶 SETTINGS
(Check CONCEPTS for deeper insights and explanation)
🔹 Swing settings (left): Sets the length, which will set the lookback period/sensitivity of the Zigzag patterns (which directs the trend)
🔹 Silver Bullet Session; Show SB session: show lines and labels of SB session
Labels can be disabled separately in the ' Style ' section, color is set at the ' Inputs ' section.
🔹 FVG
– Mode
• All FVG
• Only FVG's in the same direction of trend
• Strict
• Super-Strict
– Colors
– Extend: extend till last bar of SB session
🔹 Targets – support/resistance lines
– Previous session (any): S/R lines fetched between current and previous SB session
– Previous session (similar): S/R lines fetched between current and previous similar SB session
– Colors
– Keep lines (only in strict mode)
🔹 Show
– MSS ~ Session: Show Market Structure Shift , only when this happens during a SB session
– Trend: Show trend (Zigzag, colored ~ trend)
Liquidity Engulfing & Displacement [MsF]Japanese below / 日本語説明は英文の後にあります。
-------------------------
*This indicator is based on upslidedown's "Liquidity Engulfing Candles ". It's a very cool indicator. thank you.
It has 2 functions: show the Liquidity Engulfing on HTF and candle color change when displacement occurs.
=== Function description ===
1. Liquidity Engulfing on HTF
This indicator gives Liquidity Engulfing signals not only for the current candle, but also for H4 and H1 on HTF.
You can use that a bullish engulfing on H1 is a BOS on m5 and on H4 is a BOS on m15. It uses the theory of stop hunt from ICT.
Also, It's possible to fire alert.
2. Displacement
Change the color display of the candlesticks when a bullish candleStick or bearish candleStick is attached. Furthermore, by enabling the "Require FVG" option, you can easily discover the FVG (Fair Value Gap). It is a very useful function for ICT trading.
When H1 candle takes liquidity from one side and moves with an explosive move to the other side of the previous candle (displacement), it creates break of market structure on M5. Entry on discount FVG or OTE with stop loss at or below the stop hunt wick.
=== Parameter description ===
- Liquidity engulfing candles(LEC) SETTING
- Show H1 LEC … Whether to show LEC for H1
- Show H4 LEC … Whether to show LEC for H4
- Show Current LEC … Whether to show LEC for current timeframe
- Apply Stop Hunt Wick Filter … Require candle wick into prior candle retracement zone
- Apply Close Filter … Require LL/HH on candle in order to print a valid engulfing signal
- DISPLACEMENT SETTING
- Require FVG … Draw only when FVG occurs
- Displacement Type … Displacement from open to close? or from high to low?
- Displacement Length … Period over which to calculate the standard deviation
- Displacement Strength … The larger the number, the stronger the displacement detected
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2つの機能があります: 上位足のLiquidity engulfing（流動性獲得）を表示することと、大きな変位が発生したときにローソク足の色を変更することです。
=== 機能説明 ===
1. 上位足のLiquidity engulfing
このインジケーターは、現在のローソク足だけでなく、上位足の H4 および H1 に対してもLiquidity engulfingシグナルを提供します。
H1はm5、H4はm15での使用を推奨します。これはICTのストップハント理論を活用しています。また、アラートを発することも可能です。
2. 変位（DISPLACEMENT）
大きな陽線、陰線を付けた場合に、そのローソク足をカラー表示を変更します。
さらに"Require FVG"オプションを有効にすることで、FVG（Fair Value Gap）を容易に発見することができます。ICTトレードにを行うにあたり大変有用な機能となっています。
=== パラメータの説明 ===
- Liquidity engulfing candles(LEC) SETTING
- Show H1 LEC … H1のLECを表示するかどうか
- Show H4 LEC … H4のLECを表示するかどうか
- Show Current LEC … 現在の期間の LEC を表示するかどうか
- Apply Stop Hunt Wick Filter … ハラミ足、もしくは包み足になっている場合のみに検知させる
- Apply Close Filter … １つ前のローソクよりも終値で超えていた場合のみに検知させる
- DISPLACEMENT SETTING
- Require FVG … FVG発生時のみ描画する
- Displacement Type … openからcloseまでの変位か？highからlowまでの変位か？
- Displacement Length … 標準偏差を計算する期間
- Displacement Strength … 変位の強さ（数字が大きいほど強い変位を検出）
Strength Comparison @joshuuuexample:
if you want to find the stronger/weaker pair between eurusd and gbpusd, what you can do is check the eurgbp charts. if eurgbp is bullish, that means, that longs longs on eurusd are better than on gbpusd.
Unfortunately, there is no such thing to compare for example usoil with ukoil, or us100 with us500.
That's where this indicator comes in handy. You can choose whatever two symbols you want, that are supported by tradingview and you will get a chart, which shows symbol1/symbol2.
Now you can use normal market structure, or the ema option, to find out the stronger symbol.
This can also help predicting the so called SMT Divergences, taught by ICT.
⚠️ Open Source ⚠️
Coders and TV users are authorized to copy this code base, but a paid distribution is prohibited. A mention to the original author is expected, and appreciated.
⚠️ Terms and Conditions ⚠️
This financial tool is for educational purposes only and not financial advice. Users assume responsibility for decisions made based on the tool's information. Past performance doesn't guarantee future results. By using this tool, users agree to these terms.
FVGs & CEs + Alerts: simple & efficient methodFair Value Gap indicator: Paints FVGs and their midlines (CEs). Stops painting when CE is hit, or when fully filled; user choice of threshold. This threshold is also used in the Alert conditions.
~~Plotted here on ES1! (CME), on the 15m timeframe~~
-A FVG represents a 'naked' body where the wicks/tails on either side do not meet. This can be seen as a type of 'gap', which price will have a tendency to want to re-fill (in part or in full).
-The midline (CE, or 'Consequent encroachment') of FVGs also tend to show price sensitivity.
-This indicator paints all FVGs until priced into, and should give an idea of which are more meaningful and which are best ignored (based on context: location, Time of day, market structure, etc).
-This is a simpler and more efficient method of painting Fair value gaps which auto-stop painting when price reaches them.
//Aims of Publishing:
-Education of ICT concepts of Fair Value Gaps and their midlines (CEs): To easily see via forward testing or backtesting, the sensitivity that price shows to these areas & levels.
-Demonstration of a much more efficient way of plotting FVGs which terminate at price, thanks to a modification of @Bjorgums's clever looping method referenced below.
//Settings:
-Toggle on/off upward and downward FVGs independently(blue and orange by default).
-Toggle on/off midline (CE).
-Standard color/line formatting options.
-Choose Threshold: CE of FVG or Full Fill of FVG: This will determine both the 'stop-painting' trigger and the 'Alert' trigger.
-Choose number of days lookback to control how many historical FVGs paint on chart.
//On alerts:
-Simple choice of 2 alerts:
~~One for price crossing into/above the nearest untouched 'premium' FVG above ( orange ). Trigger is user choice of CE or full fill.
~~Another for price crossing into/below the nearest untouched 'discount' FVG below (blue). Trigger is user choice of CE or full fill.
-Alerts set via the three dots in indicator status line.
//Cautionary notes:
-Do not use the alerts blindly to find trades. Wait until you have identified a good FVG above/below which you think price may show sensitivity to
-Usage on very low timeframes can cause unexpected results with alerts: due to new FVGs forming in realtime the Alert will always trigger at the most recent FVG above/ below having its threshold hit.
-Big thank you to @Bjorgum for his fantastic extendAndRemove method. Modified here for use with boxes and to integrate Alerts.
-Also Credit to ICT (inner circle trader) for the concepts used here: Fair value gaps and their Consequent Encroachment (CE).
Range Analysis - By LeviathanThe Interactive Range Analysis script is an essential tool for analyzing price ranges. It automatically draws important range levels, generates a Volume Profile or Open Interest profile and horizontal/vertical heatmaps, plots the anchored VWAP, draws Fibonacci levels, and much more.
How to use the indicator:
1. The script will prompt you to select the "Start Time" and "End Time" using Tradingview's interactive interface. These two points will determine the length of the range.
2. Once you have selected the range, the script will automatically anchor the range highs and lows to the highest and lowest close/wick/hlc3/ohlc4 (whichever you prefer).
3. You can then begin exploring different tools and options such as Quarters, Eighths, Fibonacci, Outer Levels, VWAP, Horizontal Volume/OI Heatmap, Vertical Volume/OI Heatmap, Fixed Range Volume Profile, Open Interest Profile, Value Area, VAH, VAL, and POC.
4. You can adjust the range by dragging the Start Time and End Time anchors or by removing/reapplying the script.
Tool overview
Range Levels
After selecting your preferred time range, the script will identify and draw a range high level and a range low level, which serve as a base for other important levels. “Half” is the level halfway between the range high and range low. “Quarters” will, as the name suggests, split the range into four equal zones (quarters) and “Eighths” will split the range into eight equal zones (eighths).
”Fibonacci” option allows you to display Fibonacci retracement levels (0.786, 0.618, 0.382, 0.236). “VWAP” will plot a Volume Weighted Average Price, anchored to the start of the range. “Direction” input lets you choose whether your range is UP or DOWN trending in order to make sure that the Fibonacci levels and labels are generated and assigned correctly. With “Outer” turned ON, the script will also generate active levels (quarters/eighths/Fibonacci) above and below the selected price range. “Extend Right” will extend all levels to the right indefinitely, while “Extend (+Bars)” lets you choose how far right the levels get extended. “Diagonal Line” is drawn from the bottom left of the range to the top right of the range or from the top left of the range to the bottom right of the range, depending on the “Direction” input.
Volume Profile / Open Interest Profile
After selecting the “Data Type”, Volume Profile or OI Profile can be generated by turning ON the “Volume/OI Profile” option.
“Resolution” input defines the amount of nodes/rows in the range that are used in profile/heatmap generation for distributing the data. While you can increase the “Resolution” to get better, more granular profiles, you should keep in mind that you might need to lower the resolution when generating profiles for larger ranges.
”Node Type” offers you two options when it comes to the representation of data: Up/Down - divides a node in two sections for up volume/OI and down volume/OI, Total - one node for total volume/OI and Delta - net difference in up volume/OI and down volume/OI.
”Profile Position” lets you choose whether the profile is positioned on the left side of the range or on the right side of the range.
“Profile Direction” determines whether the profile nodes are facing right or left.
“Profile Type” enables you to visualize the nodes in a classic way (Type 1) or in a way where down volume/negative OI are positioned on the left side of the y axis and up volume/positive OI on the right side of the y axis.
“Node Size (%)” defines how much space in the range can be taken by the profile’s nodes. Eg. 50% will allow the largest node to extend to the middle of the range (and others scaled accordingly), 100% will allow the largest node to extend the max right point of the range (and others scaled accordingly).
”Value Area (%)” defines the VA zone, which represents the area where the most volume occured (usually 70% or 68%).
”Horizontal Heatmap” will display a heatmap-like overlay, that will help you identify the price levels where most volume/open interest action occurred.
”Vertical Heatmap” will display a heatmap-like overlay, that will help you identify the points in time where most volume/open interest action occurred.
A more detailed description of this indicator is coming in the next few days.
Important:
* If volume or OI profile does not get generated, try lowering the resolution.
* Once in a while, the script will disappear from your chart. Just remove and reapply.
* Open Interest data is only avaiable on Binance Perpetual Futures pairs
To learn more, read the tooltips in the indicator’s settings and stay tuned for upcoming additions (Range Market Structure, Liquidation Levels, Range Statistics,…)
Swing Levels and Liquidity - By LeviathanThis script will plot pivot points (swing highs and lows) in the form of lines, boxes or labels to help you identify market structure, “liquidity” areas, swing failure patterns, etc. You are also able to see the volume traded at each pivot point, which will help you compare their significance.
Bars Left-Right
A pivot high (swing high) is a bar in a series of bars that has a higher value than the bars around it and a pivot low (swing low) is a bar in a series of bars that has a lower value than the bars surrounding it. The Bars Left and Bars Right parameters are used to define the number of bars on the left and right sides of a pivot point that the function should consider when identifying pivot highs and lows in a time series. For example, if Bars Left is set to 5 and Bars Right is set to 6, the function will look for a pivot point by comparing the value of the current bar with the values of the 5 bars to its left and the 6 bars to its right. If the value of the current bar is higher than all of these bars, it is considered a pivot high point. These parameter can be used to adjust the sensitivity of the script (lowering the Bars Left and Bars Right parameters will give you more swing points and increasing the Bars Left and Bars Right parameters will give you fewer swing points).
”Show Boxes” - This will draw a box above the swing high and a box below the swing low to help you visualise a large area of interest around swing points. Additional box types and the width of the box can be adjusted in Appearance settings below.
”Show Lines” - This will draw a horizontal line at the level of each swing high and swing low.
”Show Labels” - This will plot a circle at the high point of each swing high and at the low point of each swing low.
”Show Volume” - This will display the amount of volume traded in a given swing point candle. It can help you identify the significance of a given swing point by comparing it to the volumes of other swing points.
”Extend Until Filled” - This will extend the swing point levels until they are mitigated by the price. Turning it off will continue plotting the levels just a few more bars after a swing point occurs.
”Appearance” - You can show/hide swing points, choose the colors of labels, lines and boxes, choose the size and positioning of the text, choose line and box appearance (adjust the Box Width when switching between timeframes!) and more.
More updates coming soon (MTF, more data…)
MTF Swing Highs and Lows w/ Supply and Demand ZonesI designed this indicator out of necessity for the Market structure/Price action trading strategy I use.
I thought I'd share. :)
For the fans of my Multi Timeframe Swing High and Low indicator, I have added Supply and Demand Zones!
The Supply and Demand Zones are based on the Swing Highs and Lows of my MTF Swing Highs and Lows Indicator.
The S/D Zones are created on the wicks of the Swing Highs and Lows.
You can choose whether to display the Chart, Higher and/or Highest timeframes as in the chart below.
You can also choose to display up to 3 S/D Zones from the past 3 Swing Highs and Lows.
The default setting is to display 1 chart timeframe S/D Zone, 2 higher and 3 highest, as I found this to be most effective without
cluttering the screen too much
The Chart Timeframe S/D Zones have an orange border, higher timeframe have a blue border and the highest have a black border.
Supply zones based on Swing Highs are red and Demand Zones based on Swing Lows are green.
This indicator displays Swing Highs and Lows on 3 timeframes based on the Chart timeframe, as follows:
Chart TF Higher TF Highest TF
1m 5m 15m
5m 15m 60m
15m 60m 240m
60m 240m Daily
240m Daily Weekly
Daily Weekly Monthly
You can change the font size of the labels as you'd prefer.
Price Action CandlesThis simple script provides a visual aid for price action traders by coloring outside & inside candles, which in effect leaves the trader with 6 possible candle colors:
-Regular bullish candle
-Outside bullish candle
-Inside bullish candle
-Regular bearish candle
-Outside bearish candle
-Inside bearish candle
These candlesticks may provide powerful signals when used in conjunction with key levels, market structure and chart patterns.
Make sure to disable the regular candlesticks (body, borders and wicks) in the symbol tab inside the configuration menu!
Hope it can help someone!
Inside Bar HighlightInside Bar have at least 2 candles.
They include one mother candle and multiple child candles. Mother candle will cover whole child candles ( child candles have high and low within mother candle)
This script will highlight Inside Bars
How to use :
When we analyze market structure, we can combine mother candle and children candles and see them as a candle.
This script will help us do this easily.
Smart Money ConceptSmart Money Concept is being used to understand the Market Structure, Demand/Supply, and Risk Management.
- Lines represent BoS and CHoCH.
- X-cross and Diamond shapes represent Peak and Trough.
- Numbers represent the Spread Percentages.
Futures Exchange Sessions 2.0Description
Successor to Futures Exchange Sessions indicator. Completely rebuilt code from the ground up. Every feature has been redesigned and refactored to be the most beneficial while allowing for complete configuration by the user.
This indicator displays Futures Sessions as live boxes that expand dynamically as price moves over the time interval. These boxes make liquidity levels extremely easy to spot and visualize. It helps the user identify market structure and develop their own bias of price action. Everything about the Session boxes can be configured. Box color, border color, border style, and border width are all individually controllable. Each Future Session can be turned on or off at any time. Also, each box has their own text label (Asian Session, London Session, New York Session) and this text can be moved around the box, change color, and change size.
Previous days highs and lows (major liquidity levels) are always important to the futures trader. This indicator now allows the user to individually display the three previous days highs and low levels as lines with optional label. Each line can be independently toggled on or off and like always, every conceivable customization option is available to the user. And the labels can be moved to the right (via the Input Settings) to allow unobstructed views of candles.
The midnight EST open and 8:30 AM EST open horizontal lines (developed by the Inner Circle Trader) are returning in this indicator. But the biggest improvement is that the lines stop at the current bar or the last bar of the trading day. Additionally, the time lines are displayed on previous days so the user can easily see how the candles reacted to these important times of the day.
The Session boxes and the horizontal time lines now can be set to only display a certain number of day back. If the user wants just to see Session boxes for the previous day only, they can do that. If the user wants to see the last 15 days of boxes or lines it is very easy to increase the days back in the settings. Currently, the max days back is 80 calendar days.
Additional Images
Easily visualize and understand price action across time
Everything is customizable so the user can easily match this indicator to their color preferences
Special Notes
To turn off box session text set opacity to 0%
Boxes and horizontal time lines only display when timeframe is <= 30 minute
MTF Swing Highs/LowsI designed this indicator out of necessity for the Market structure/Price action trading strategy I use.
I thought I'd share. :)
This indicator displays Swing Highs and Lows an 3 timeframes based on the Chart timeframe, as follows:
Chart TF Higher TF Highest TF
1m 5m 15m
5m 15m 60m
15m 60m 240m
60m 240m Daily
You can change the font size of the labels as you'd prefer.
Swing High/Low Indicator w/ MACD and HTF EMA'sSwing High/Low Indicator w/ MACD and EMA Confirmations by KaizenTraderB
I designed this indicator to be used with a market structure break strategy.
It labels swing highs and lows that are confirmed by the MACD.
It also displays a higher timeframe Fast and Slow EMA to determine directional bias.
Also provides alerts that signal Swing Low breaks in downtrends and Swing High Breaks in uptrends.
It draws a horizontal line on the last Swing High and Low.
Display this indicator on your entry timeframe and choose your Higher Timeframe in settings.
You can also change lookback period for Swing Highs and Lows and EMA's.
When I use this I am looking for the Swing High/Low break in direction of HTF Trend
Then look for pullback between price level of break and areas of liquidity (wicks, order blocks, price congestion) for entry in direction of EMA trend.
PFCC - Pivot Fractal Chaos Channel [Open Source]With the release of my indicator "TOTC - Trade outside the Channel" , the Pivot Fractal Chaos Channel used there has attracted significant interest.
Due to requests from some users, I am happy to publish the source code of the PFCC - although it is not "new" and has been implemented in many other scripts in one way or another. Some Examples:
Support and Resistance Levels with Breaks:
Support Resistance MTF:
Pivot Points High Low (HH/HL/LH/LL):
The code is briefly commented. Please feel free to use or further customize it ... And, of course, I would be happy to be named and/or linked. If you're satisfied, maybe buy me a coffee ;-)
I'm curious to see how this indicator will develop with more ideas - Please keep me updated by commenting below or by sending me a message.
Let's take a quick look at the function and idea
PFCC - "Pivot Fractal Chaos Channel" or also known as "Fractal Chaos Band" can serve as a baseline trend indicator for your strategy.
Essentially, the "Fractal Chaos Channel" shows an overall panorama of price action. As they filter out the insignificant price fluctuations. The upper level is created by drawing price highs and the lower level is created by drawing price lows.
Two Ideas, how this indicator can be used
Trend indicator: If the price breaks the upper line, it could be taken as a buy signal. If the price breaks the lower line, it could be taken as a sell signal.
Trailing Stop Loss: You can track the stop loss with the rising line in case of a buy trade. On the other hand, you can track the stop loss with the falling fractal line in case of a sell trade.
What do I need to consider?
It may be advisable to add further indicators and an analysis of the market structure in order to confirm the signals issued by the indicator. Please note that when you make adjustments to any strategy, you always carry out particularly detailed tests.
You would like to use this indicator, but you have adjustment requests, you want to have additional filters or features implemented, ...?
I am happy to create individual indicators based on "PFCC - Pivot Fractal Chaos Channel" or your ideas. Write me a message and we will discuss the details and conditions.
Higher order Orderblocks + Breakerblocks + Range + AlertsThis script identifies Orderblocks, Breakerblocks and Range using higher order pivots and priceaction logic.
I tried to reduce the number of blocks to make the chart cleaner, for this purpose I use only second order pivots for both MSB lines and supply/demand boxes, I also tried to filter out shifts in MS and false breakouts.
Any box has GRAY color until it gets tested.
After successful test box gets colors:
RED for Supply
GREEN for Demand
BLUE for any Breakerblocks
For cleaner chart and script speed all broken boxes deletes from chart.
It gives comparatively clean chart on any TF, even on extra small (5m, 3m, 1m).
For Range there is option to plot 0.25, 0.5, 0.75 lines.
I usually use log scale on charts and there is an option to use it for proper range mean.
In previous my scripts i have requests to make alerts and this time i made it.
It has customizable alert catching all needed alerts into one output:
- Alert MSB - when market structure changes alert will inform you about its direction, MSB line and new Demand/Supply.
- Alert Orderblock or Breakerblock test - alerts when block was tested and it holds (in other words when it get RED/GREEN/BLUE colors)
- Alert New Range - when new range detected
- Alert Range test - alerts when range top or botoom was tested and it holds.
some examples :
Time-Period Coloring Instagram LuckyNickVAFor Coloring Your Candles To A Specific Time Period. Used To Exploit Perspective Of Market Structure For Different Time Periods.
HTF Highs Lows [JV]█ OVERVIEW
This script presents a label with an overview of higher timeframe highs and lows. This can be useful information as we all know that price likes to revisit previous highs and lows area, specially on the higher timeframe.
█ CONCEPTS
This information can be relevant and valuable for various reasons:
Finding horizontal Support and Resistance
Get a better view on Market Structure
Provide some information about Order Flow
TrendLines
...
█ FEATURES
Plots
This script provides the option to show information about 3 timeframes
Each timeframe can be separately shown or hidden
The Y position of the info label can be user defined, based on high or low of the chosen timeframe
The X offset of the info label can be adjusted to the user's liking and the chart resolution
The label color and text color can be user defined
The info label's size can be user defined
█ NOTES
Caveat
The timeframes must be chosen in order of size. Meaning that the highest timeframe should be on top. This is title as such on the info label, but I want to mention it again as it's something to pay attention to.
Repainting
The question that pops up all the time is: Does it repaint ?
I will quote PineCoders on this:
We're pretty sure Wilder was not asked very often if RSI repainted. Why? Because it wasn't in fashion—and largely unnecessary—to ask that sort of question in the 80's. Many traders back then used daily charts only, and indicator values were calculated at the day's close, so everybody knew what they were getting. Additionally, indicator values were calculated by generally reputable outfits or traders themselves, so data was pretty reliable. Today, almost anybody can write a simple indicator, and the programming languages used to write them are complex enough for some coders lacking the caution, know-how or ethics of the best professional coders, to get in over their heads and produce code that does not work the way they think it does.
Briefly: yes, it repaints and no it does not matter.
Simple because we are working with highs and lows on a higher timeframe. So if we get a new high or low within a certain time frame, we want this new high or low to be displayed and, for me, it's not relevant if this information appears when it happens or when the candle closes.
Questions & Suggestions
Questions, suggestions or even a word of thanks are always welcomed in the comments section. I usually answer within the same day.
█ THANKS
A word of thanks to, and I hope I am allowed to use hyperlinks here, LonesomeTheBlue for being an inspiration on coding style and his work on arrays in Pine Script and to lmatl for his support, words of advice and letting me borrow his brain now and then.
PRIME-QUARTERS W-XsThis script applies both the Quaters theory for easy analysis of market structure, as well as a 50 and 800 SMA to be used in conjunction with the 4 and 21 SMA found in Prime-Pulse, to pin point sniper entries. $auceCamp
Stochastic with Lines - ChartWhat is Stochastic with Lines - Chart and why do you need it?
I use it for chart analysis to identify key K/D levels from which bullish / bearish market structure continues to develop.
Chart means that every K/D cross above/below the signal lines will be notified on your Chart and not on the stocahstic oscillator. To see them on your chart please choose "Stochastic with Lines - Default" in my library.
Once K or the D line cross over or under your upper or lower signal line you will see background colors which you can adjust in the settings menu.
This small indicator is for a larger project which will be uploaded in several days/weeks.
Stochastic with Lines - DefaultWhat is Stochastic with Lines - Default and why do you need it?
I use it for chart analysis to identify key K/D levels from which bullish / bearish market structure continues to develop.
Default means that every K/D cross above/below the signal lines will be notified on your Stochastic Indicator and not on your chart. To see them on your chart please choose "Stochastic with Lines - Chart" in my library.
Once K or the D line cross over or under your upper or lower signal line you will see background colors which you can adjust in the settings menu.
This small indicator is for a larger project which will be uploaded in several days/weeks.
MACD with Lines - ChartWhat is MACD with Lines - Chart and why do you need it?
I use it for chart analysis to identify key macd /signal levels from which bullish / bearish market structure continues to develop.
Chart means that every Macd /Signal cross above/below the signal lines will be notified on your Chart and not on your MACD Indicator. To see them on your chart please choose "MACD with Lines - Default" in my library.
Once Signal, Macd or the Histogramm cross over or under your upper or lower signal line you will see background colors which you can adjust in the settings menu.
This small indicator is for a larger project which will be uploaded in several days/weeks.
