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First Candle Session Levels - Automatic Opening Range Tracker x3Automatically marks the high and low of the first candle(s) from up to three customizable time periods on your chart. Perfect for traders who track opening ranges and use them as key support/resistance levels. What This Indicator Does: Sets horizontal lines at the high and low of the first candle (or first few candles) at specific times you define. These lines extend forward across your chart, making it easy to see how price interacts with these crucial levels throughout the trading day. Key Features: ✓ Track 3 independent time periods simultaneously ✓ Adjustable candle count (1-60) - use just the first candle or combine multiple for wider ranges ✓ Each time period has independent color settings for easy identification ✓ Choose from solid, dashed, or dotted line styles ✓ Customize timezone for each period to match any global market ✓ Lines automatically clear each new day to avoid clutter ✓ Option to extend lines forward or keep them within the time period ✓ Works on any timeframe Perfect For: Opening range breakout strategies Support/resistance trading Tracking multiple market opens (NY, London, Asia) Identifying key decision levels Clean, automatic level marking without manual drawing How to Use: Add indicator to your chart Set your desired time (e.g., 10:00 for 10:15 AM) Choose your timezone Customize colors and line styles The indicator automatically draws horizontal lines at the high/low of that candle Enable or disable each of the three sessions independently depending on which time periods matter to your strategy. Great for intraday traders on 15-minute to 1 hour charts who want automated level tracking. Clean, simple, effective - let the indicator do the work while you focus on trading!
Indicatore Pine Script®
di dannydholmes1
Average CandleAverage Candle is a simple volatility display indicator. It calculates the average candle range on a chosen higher timeframe (most commonly Daily) over a selected number of candles, converts that average range into pips, and shows the result as a small label on the chart. Traders can use it to quickly see “typical” movement for the day (or any timeframe) and adjust expectations for entries, stop loss distance, take profit targets, and position sizing.
Indicatore Pine Script®
di zemanjose
Bank CRE Stress & Short Risk Overlay + Dashboard🏦 Bank CRE Stress & Short Risk Overlay + Dashboard This open-source indicator overlays risk visualization and a fixed dashboard specifically for **U.S. regional bank stocks** exposed to Commercial Real Estate (CRE) lending stress (as observed in 2023–2026 cycles). It combines: - Static CRE exposure tiers (critical/high/elevated/short-bias/failed) based on latest known CRE loan-to-capital ratios and provisions data (sourced from FDIC Call Reports, FAU studies, FFIEC filings ~Q3/Q4 2025) - Real-time price stress detection (EMA200 breakdown + 20-bar range low breach) - Visual alerts (background coloring + per-bar risk labels) - Top-right summary dashboard Purpose & Why This Combination? Regional banks with heavy CRE concentration became focal points during rising office/vacancy stress, higher provisions, deposit outflows, and equity pressure. This tool helps traders quickly: - Identify which tickers carry elevated CRE risk - See when technical breakdown aligns with fundamental vulnerability (potential short setups or high-risk avoidance zones) - Monitor a static watchlist without needing external spreadsheets The mashup is useful because raw fundamentals change quarterly, while price action provides real-time confirmation of stress transmission to equity. Dashboard + overlay gives instant context on any bank chart. How It Works 1. Ticker Classification (static – update manually when new Call Reports released) - 🔴 Critical / Short Bias: >~500% CRE exposure or high-conviction short candidates - 🟠 High: ~375–480% - 🟡 Elevated: ~300–350% - ❌ Failed: Known FDIC receivership cases - 🟢 Low/None: not in list 2. Price Stress Trigger - Below 200 EMA (major trend break) - Below 20-bar lowest low (range breakdown) - (Optional stricter filter: ATR expansion – commented out by default) 3. Visuals - Background tint: black (failed), red (critical/short + stress), orange (high + stress), yellow (elevated + stress) - Per-bar label above candle: risk category + warning text (only shown for relevant banks) - EMA50 (gray) & EMA200 (white) plotted for reference 4. Dashboard (top-right, updates on last bar) - Current ticker risk level + color coding - Price stress status - EMA200 position - Static high-risk watchlist - Data freshness & disclaimer note Alerts - "Critical/Short Bias Breakdown" when stress triggers on red/orange tickers - "Failed Bank Symbol" on known failed tickers How to Use - Apply to **regional bank stocks** (DCOM, EGBN, OZK, LOB, VLY, FLG, ZION, WAL, SNV, RF, CMA, TFC, etc.) - Best on daily or 4h charts for swing/position trading context - Use as a **filter / watchlist aid**: → Red/orange background + stress label → heightened short risk or avoidance → Yellow → monitor for provisioning news or CRE delinquency spikes → Black → avoid (historical failures) - Update the arrays quarterly when new FDIC data drops (Q1/Q2/Q3/Q4 Call Reports) - Combine with volume, news, sector ETFs (KRE), or broader CRE indices Inputs & Customization - No user inputs — risk tiers are hardcoded for simplicity & consistency - To add/remove banks: edit the array.from() lines directly Publishing Notes - Publish with a clean chart (e.g., DCOM, EGBN or VLY daily/4h) - Remove unnecessary drawings/indicators - Screenshot showing dashboard + stress label during a breakdown period is ideal Important Disclaimers - Data is **static** and approximate (based on public reports up to ~Q3/Q4 2025) - Must be manually updated — not real-time fundamental feed - This is **not financial advice**, not investment research, and carries no accuracy guarantee - Regional bank equities are extremely volatile — especially under CRE stress - Trading or shorting involves substantial risk of loss Open-source for transparency & educational use. Feedback welcome — especially updated CRE tier suggestions.
Indicatore Pine Script®
di uzair2join
New York | Asia | London - Session Range + ORB - [EntryLab]Session Ranges & 15min ORB – Asia, London, New YorkShort Title This indicator plots the high and low of the three major trading sessions (Asia, London, New York) as well as the Opening Range Breakout (ORB) levels based on the first 15 minutes of each session. Features: Full session high/low ranges for Asia (00:00–09:00 UTC), London (07:00–16:00 UTC), and New York (~13:30–20:00 UTC). Times are approximate UTC and may need adjustment depending on broker timezone or DST. ORB: high and low calculated from the first 15-minute period (or equivalent bars) at the start of each session. Customizable: toggle sessions on/off, change ORB duration, line styles, colors. How to use: Traders often monitor price action around prior session highs and lows to identify potential liquidity grabs or sweeps. The ORB provides additional confluence for gauging the session's potential directional bias or breakout levels.For example:A sweep of a prior session high/low can signal liquidity being taken. Price breaking above/below the session's ORB high/low may indicate momentum in that direction for the current session. This script combines multi-session range visualization with per-session ORB levels in one tool, which can help assess where liquidity pools may exist and where price could be drawn to fill or sweep certain areas.Best used on lower timeframes (e.g., 1m–15m) for intraday analysis. Session times are fixed (no automatic DST handling); users can modify them in the code if needed.Not financial advice. Trading involves significant risk of loss. Use at your own discretion and always test thoroughly.
Indicatore Pine Script®
di ENTRYLAB
2
[turpsy] Midnight Opening Range-Fractal Midnight Open Range-Fractal Combined Trading System Overview This indicator combines Midnight Opening Range (MOR) analysis with HTF candle structure and fractal patterns to provide a comprehensive intraday trading framework. Unlike simple mashups, this system integrates three complementary methodologies that work together to identify high-probability trading zones. Core Components & Synergy 1. MOR (Midnight Opening Range) Indicator - Tracks the first 30 minutes of each trading day (00:00-00:30) - Draws historical and current session boxes with quartile levels (25%, 50%, 75%) - Custom opening price lines for key market times (NY Open 9:30, London Close, etc.) - Concept: Price tends to respect the opening range boundaries; quartiles act as support/resistance 2. HTF (Higher Timeframe) Candles - Displays up to 6 higher timeframe candles alongside your chart - Shows Fair Value Gaps (FVG) and Volume Imbalances (VI) - Presents First Presented FVG (PFVG) - the initial gap after a fractal - Concept: HTF structure provides context for LTF entries; FVGs are magnetic price targets 3. Fractal Pattern Detection with CISD - Identifies swing highs/lows using HTF candle structure - CISD (Change in State of Delivery) lines mark confirmed fractal breaks - Chart sweeps show liquidity grabs - Concept: Fractals mark key market structure; CISD confirms directional bias 4. Killzones & Session Analysis - Asia, London, NewYork AM/PM, and Lunch sessions - Session highs/lows with pivot tracking - Day/Week/Month opens and separators - Concept: Specific sessions show characteristic volatility and directional behavior 5. ADR/CDR Analysis - Average Daily Range and Current Daily Range tracking - Shows percentage of ADR completed - Concept: Helps gauge if there's room for continuation or if exhaustion is likely How They Work Together 1. Context: It uses HTF candles and MOR boxes to identify the bigger picture structure 2. Timing: It uses Killzones to show when institutional activity is highest 3. Entry: It uses Fractals with CISD confirm structure breaks; FVGs provide entry zones 4. Risk Management: ADR/CDR helps set realistic profit targets and assess if move is extended Original Contributions This script significantly improves upon the base components by: - Integrating 1-minute data feed for accurate Midnight Open Range calculations on all timeframes - Adding PFVG detection synchronized with fractal patterns - Creating logarithmic midpoint calculations between HTF candles - Implementing chart sweep detection for liquidity analysis - Adding CISD projection lines at 0.5, 1.0, 1.5, 2.0 extensions How to Use 1. Enable desired HTF timeframes and MOR settings 2. Watch for PFVG formation after HTF candle closes 3. Look for CISD line breaks during killzone sessions 4. Enter at FVG mitigation zones aligned with MOR quartiles 5. Monitor ADR% to gauge move potential Credits - HTF Candles base structure: fadizeidan & tradeforopp - Midnight opening range: trades-dont-lie - I made the Significant modifications and integration
Indicatore Pine Script®
di Turpsy
Session Range Control [PointAlgo]Session Range Control (SRC) The Session Range Control (SRC) indicator provides a structured view of intraday price behavior by tracking where the current price sits within the session’s high–low range and how today’s volatility compares to the Average Daily Range (ADR). It combines range analytics, momentum context, volatility interpretation, and visual cues to help traders understand session strength and shifts in intraday conditions. Core Concept Every trading session forms a unique high and low. SRC continuously reads these values and calculates the Position in Range, expressed on a scale from 0% to 100%: 0% → Price at Day Low 100% → Price at Day High 50% → Mid-range equilibrium By normalizing price into a percentage, traders can quickly interpret where market pressure is concentrated during the session. Trend Zones and Market State SRC divides the range into logical zones to show the likely sentiment of the session: 1. Strong Uptrend Zone (Above Threshold) When price consistently holds above the user-defined upper threshold (e.g., 60%), the indicator marks a Strong Uptrend. This typically reflects: Persistent intraday buying pressure Price acceptance near the upper part of the range Reduced likelihood of deep pullbacks 2. Strong Downtrend Zone (Below Threshold) When price remains below the lower threshold (e.g., 40%), SRC signals a Strong Downtrend, indicating: Dominant intraday selling Consistent pressure keeping price near session lows 3. Bullish / Bearish Zones Between the midline and strong thresholds, SRC displays softer trend zones: Above 50% = Bullish Zone Below 50% = Bearish Zone These zones help classify whether price is trending, balanced, or drifting. 4. Neutral Territory When price hovers around the mid-level without conviction, the indicator treats it as a neutral or undecided phase. Signal Logic : SRC includes built-in momentum shift signals based on range transitions: Long Signal Triggered when price crosses upward through 50%, often showing: A shift from intraday weakness to strength Buyers gaining control of the session Short Signal Triggered when price crosses downward through 50%, suggesting: Loss of intraday strength Sellers taking control These signals help highlight potential turning points inside the session. Extreme Levels : SRC highlights the top and bottom 10% of the range: > 90% = Extreme High (Overbought intraday condition) < 10% = Extreme Low (Oversold intraday condition) These conditions can be useful for identifying overextended movements or potential reaction zones. ADR Comparison and Volatility Context : The indicator also measures how today’s price range compares to the Average Daily Range (ADR): Range Expanding: Today’s range is significantly larger than the ADR Indicates heightened volatility Often associated with trending or breakout environments Range Compressing: Today’s range is much smaller Suggests low volatility Common before breakout phases Characteristic of consolidation or balanced markets This volatility context helps traders assess whether the session is behaving within normal boundaries or deviating significantly. Dashboard Overview : When enabled, the dashboard summarizes key intraday metrics in a structured table: Trend status (Strong Uptrend, Strong Downtrend, Bullish, Bearish, Neutral) Range position (%) Signal status (Long Cross, Short Cross, Extreme High/Low, or None) Day range calculation Range vs ADR (%) Day High / Day Low Current price level Simplified action label based on current conditions This provides a quick reference system to interpret both trend and volatility at a glance without analyzing the full chart visually. Visual Elements SRC includes: Colored dynamic plot for easy trend recognition Horizontal reference lines at key levels (0%, 50%, 100%, strong-trend thresholds) Background shading during extreme zone conditions A separate ADR comparison plot These visuals ensure the indicator remains intuitive regardless of chart style or timeframe. Alerts The script includes alert conditions for: Long cross Short cross Strong trend detection Extreme high / extreme low These allow users to automate notifications during key market events without manually monitoring the chart. Customization Options Users can configure: ADR length Strong trend thresholds Dashboard visibility Dashboard position on chart This makes SRC adaptable to different trading instruments and intraday styles. Usage Notes Works best on intraday timeframes where session boundaries are clearly defined. Designed for analytical interpretation—trend bias, volatility phase, and range structure. Can complement other tools such as moving averages, volume, or market structure analysis. Disclaimer : This indicator is intended for chart analysis and educational purposes only. It does not generate financial, investment, or trading advice. Users should validate signals with additional research and apply proper risk management.
Indicatore Pine Script®
di pointalgo
Forex Session TrackerForex Session Tracker - Professional Trading Session Indicator The Forex Session Tracker is a comprehensive and visually intuitive indicator designed specifically for forex traders who need precise tracking of major global trading sessions. This powerful tool helps traders identify active market sessions, monitor session-specific price ranges, and capitalize on volatility patterns unique to each trading period. Understanding when major financial centers are active is crucial for forex trading success. This indicator provides real-time visualization of the Tokyo, London, New York, and Sydney trading sessions, allowing traders to align their strategies with peak liquidity periods and avoid low-volatility trading windows. --- Key Features 📊 Four Major Global Trading Sessions The indicator tracks all four primary forex trading sessions with precision: - Tokyo Session (Asian Market) - Captures the Asian trading hours, ideal for JPY, AUD, and NZD pairs - London Session (European Market) - Monitors the most liquid trading period, perfect for EUR, GBP pairs - New York Session (American Market) - Tracks US market hours, essential for USD-based currency pairs - Sydney Session (Pacific Market) - Identifies the opening of the trading week and AUD/NZD activity Each session is fully customizable with individual color schemes, making it easy to distinguish between different market periods at a glance. 🎯 Session Range Visualization For each active trading session, the indicator automatically: - Draws rectangular boxes that highlight the session's time period - Tracks and displays session HIGH and LOW price levels in real-time - Creates horizontal lines at session extremes for easy reference - Positions session labels at the center of each trading period - Updates dynamically as new highs or lows are formed within the session This visual approach helps traders quickly identify: - Session breakout opportunities - Support and resistance zones formed during specific sessions - Range-bound vs. trending session behavior - Key price levels that institutional traders are watching 📱 Live Information Dashboard A sleek, professional information panel displays: - Real-time session status - Instantly see which sessions are currently active - Color-coded indicators - Green dots for active sessions, gray for closed sessions - Timezone information - Confirms your current timezone settings - Customizable positioning - Place the dashboard anywhere on your chart (Top Left, Top Right, Bottom Left, Bottom Right) - Adjustable size - Choose from Tiny, Small, Normal, or Large text sizes for optimal visibility The dashboard provides at-a-glance awareness of market conditions without cluttering your chart analysis. ⚙️ Extensive Customization Options Every aspect of the indicator can be tailored to your trading preferences: Session-Specific Controls: - Enable/disable individual sessions - Customize colors for each trading period - Adjust session times to match your broker's server time - Toggle background highlighting on/off - Show/hide session high/low lines independently General Settings: - UTC Offset Control - Adjust timezone from UTC-12 to UTC+14 - Exchange Timezone Option - Automatically use your chart's exchange timezone - Background Transparency - Fine-tune the opacity of session highlighting (0-100%) - Session Labels - Show or hide session name labels - Information Panel - Toggle the live status dashboard on/off Style Settings: - Turn session backgrounds ON/OFF directly from the Style tab - Maintain clean charts while keeping all analytical features active 🔔 Built-in Alert System Stay informed about session openings with customizable alerts: - Tokyo Session Started - London Session Started - New York Session Started - Sydney Session Started Set up notifications to never miss important market opening periods, even when you're away from your charts. --- How to Use This Indicator For Day Traders: 1. Identify High-Volatility Periods - Focus your trading during London and New York session overlaps for maximum liquidity 2. Monitor Session Breakouts - Watch for price breaks above/below session highs and lows 3. Avoid Low-Volume Periods - Recognize when major sessions are closed to avoid false signals For Swing Traders: 1. Mark Key Levels - Use session highs and lows as support/resistance zones 2. Track Multi-Session Patterns - Observe how price behaves across different trading sessions 3. Plan Entry/Exit Points - Time your trades around session openings for better execution For Currency-Specific Traders: 1. JPY Pairs - Focus on Tokyo session movements 2. EUR/GBP Pairs - Monitor London session activity 3. USD Pairs - Track New York session volatility 4. AUD/NZD Pairs - Watch Sydney and Tokyo sessions --- Technical Specifications - Pine Script Version: 5 - Overlay Indicator: Yes (displays directly on price chart) - Maximum Bars Back: 500 - Drawing Objects: Up to 500 lines, boxes, and labels - Performance: Optimized for real-time data processing - Compatibility: Works on all timeframes (recommended: 5m to 1H for session tracking) --- Installation & Setup 1. Add to Chart - Click "Add to Chart" after copying the script to Pine Editor 2. Configure Timezone - Set your UTC offset or enable "Use Exchange Timezone" 3. Customize Colors - Choose your preferred color scheme for each session 4. Adjust Display - Enable/disable features based on your trading style 5. Set Alerts - Create alert notifications for session starts --- Best Practices ✅ Combine with Price Action - Use session ranges alongside candlestick patterns for confirmation ✅ Watch Session Overlaps - The London-New York overlap (1300-1600 UTC) typically shows highest volatility ✅ Respect Session Highs/Lows - These levels often act as intraday support and resistance ✅ Adjust for Your Broker - Verify session times match your broker's server clock ✅ Use Multiple Timeframes - View sessions on both lower (15m) and higher (1H) timeframes for context --- Why Choose Forex Session Tracker Pro? ✨ Professional Grade Tool - Built with clean, efficient code following TradingView best practices ✨ Beginner Friendly - Intuitive design with clear visual cues ✨ Highly Customizable - Adapt every feature to match your trading style ✨ Performance Optimized - Lightweight code that won't slow down your charts ✨ Actively Maintained - Regular updates and improvements ✨ No Repainting - All visual elements are fixed once the session completes --- Support & Updates This indicator is designed to provide reliable, accurate session tracking for forex traders of all experience levels. Whether you're a scalper looking for high-volatility windows or a position trader marking key institutional levels, the Forex Session Tracker Pro delivers the insights you need to make informed trading decisions. Happy Trading! 📈 --- Disclaimer This indicator is a tool for technical analysis and should be used as part of a comprehensive trading strategy. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose. Trading forex carries a high level of risk and may not be suitable for all investors.
Indicatore Pine Script®
di humayunmha
ADR - Average Daily Range [KasTrades]This is an Average Daily Range (ADR) indicator. There are two settings for ADR: Two Look back period ADR range (e.g. 7 and 14 days) One Look back period ADR (e.g. 5 days only) Two day ADR ranges are typically used in equities and index futures whereas one day ADR is typically used in forex. The opening time by default is 17:00 New York (Eastern) time. The ranges are always calculated from the opening price of the first bar on the respected timeframe.
Indicatore Pine Script®
di KasTrades14
Monday's Range Superpowerkyu🔔 Settings You can customize the colors and toggle ON/OFF in the indicator settings. Works on daily, hourly, and minute charts. Easily visualize Monday’s high, low, and mid-line range. 📌 1. Support & Resistance with Monday’s Range Monday High: Acts as the first resistance of the week. ◽ Example: If price breaks above Monday’s high after Tuesday, it signals potential bullish continuation → long setup. Monday Low: Acts as the first support of the week. ◽ Example: If price breaks below Monday’s low, it signals bearish continuation → short setup. 📌 2. Mid-Line Trend Confirmation Monday Mid-Line = average price of Monday. Price above mid-line → bullish bias. Price below mid-line → bearish bias. Use mid-line breaks as entry confirmation for long/short positions. 📌 3. Breakout Strategy Break of Monday’s High = bullish breakout → long entry. Break of Monday’s Low = bearish breakout → short entry. Place stop-loss inside Monday’s range for a conservative approach. 📌 4. False Breakout Strategy If price breaks Monday’s high/low but then falls back inside Monday’s range, it is a False Breakout. Strategy: Trade in the opposite direction. ◽ False Breakout at High → short. ◽ False Breakout at Low → long. Stop-loss at the wick (extreme point) of the failed breakout. 📌 5. Range-Based Scalping Use Monday’s high and low as a trading range. Sell near Monday’s High, buy near Monday’s Low, repeat until breakout occurs. 📌 6. Weekly Volatility Forecast Narrow Monday range → higher chance of strong trend later in the week. Wide Monday range → lower volatility expected during the week. 📌 7. Pattern & Trend Analysis within Monday Range Look for candlestick patterns around Monday’s High/Low/Mid-Line. ◽ Example: Double Top near Monday’s High = short setup. ◽ Repeated bounce at Mid-Line = strong long opportunity. ✅ Summary The Monday’s Range (Superpowerkyu) Indicator helps traders: Identify weekly support & resistance Confirm trend direction with Mid-Line Trade breakouts & false breakouts Apply range scalping strategies Forecast weekly volatility ⚡ Especially, the False Breakout strategy is powerful as it captures failed moves and sudden sentiment reversals.
Indicatore Pine Script®
di superpowerkyu
Objective Doji Highlight (Range-Relative)This indicator highlights Doji candles using an objective, mathematics-based rule: a bar is Doji when the absolute difference between its open and close is less than or equal to a user-defined fraction (x) of that bar’s high–low range. How it works: Compute body size as the absolute difference between open and close. Compute the bar’s range as high minus low. Classify as Doji when body size ≤ x × range. Only Doji candles are colored; non-Doji bars remain unchanged. Inputs Doji threshold (x of range): tolerance (0–1) controlling how small the body must be relative to the range. Doji Candle Color: visual color for detected Doji candles. Example: If x = 0.10 and a candle has high = 100 and low = 90 (range = 10), the maximum allowed body is 1. If the difference between open and close is ≤ 1, the candle is marked as Doji. Why it can be useful Doji candles are often studied as signs of market indecision. This tool provides a clear, parameter-based way to identify them consistently across any timeframe, without discretionary interpretation. Notes & limitations Works with standard candlesticks (not Heikin Ashi, Renko, or other synthetic bar types). Visualization and research only: it does not produce buy/sell signals and makes no performance claims. No repainting from future data; the logic uses only the current bar’s prices.
Indicatore Pine Script®
di sabinaGM
Opening Range BreakoutOpen Range Breakout (ORB) – Trading Strategy Documentation Definition: The Open Range Breakout (ORB) is a short-term trading strategy that identifies the price range established during the initial period of market opening (typically the first 15 to 60 minutes) and uses the high and low of that range as key reference levels for potential breakout entries. Components: Open Range High: The highest price traded during the defined opening period. Open Range Low: The lowest price traded during the same period. Breakout Trigger: A price move above the Open Range High or below the Open Range Low, signaling potential continuation momentum. How It Works: Define the Opening Period: Select a time window (e.g., 30 minutes) at market open to establish the initial range. Identify Range Boundaries: Record the high and low prices during this period. Monitor for Breakout: Watch for price to break and close above the Open Range High (bullish breakout) or below the Open Range Low (bearish breakout). Enter Trade: Enter long on a confirmed break above the Open Range High, or short on a break below the Open Range Low. Entry may be triggered on a retest of the broken level or with volume confirmation. Set Stop-Loss and Target: Stop-loss: Placed just inside the open range (e.g., below the high for long, above the low for short). Profit target: Based on volatility (e.g., ATR multiple) or support/resistance levels. Key Assumptions: Early price action reflects initial market sentiment. A breakout from this range indicates strong directional momentum likely to continue. Best Conditions: High liquidity markets (e.g., major indices, large-cap stocks). Volatile or news-driven trading sessions. Used primarily in intraday trading. Limitations: Prone to false breakouts during low-volume or choppy markets. Requires strict risk management due to reliance on timing and confirmation. Conclusion: The ORB strategy capitalizes on early market momentum by trading breakouts from the initial price range. Its effectiveness depends on precise range definition, timely execution, and disciplined risk control.
Indicatore Pine Script®
di Broly_88
Open Range Breakout Strategy With Multi TakeProfitHello everyone, For a while, I’ve been wanting to develop new scripts, but I couldn’t decide what to create. Eventually, I came up with the idea of coding traditional and well-known trading strategies—while adding modern features such as multi–take profit options. For the first strategy in this series, I chose the Open Range Strategy . For those unfamiliar with it, the Open Range Strategy is a trading approach where you define a specific time period at the beginning of a trading session—such as the first 15 minutes, 30 minutes, or 1 hour—and mark the highest and lowest prices within that range. These levels then act as reference points for potential breakouts: if the price breaks above the range, it may signal a long entry; if it breaks below, it may indicate a short entry. This method is popular among day traders for capturing early momentum in the market. Since this strategy is generally used as an intraday strategy , I added a Trade Session feature. This allows you to define the exact time window during which trades can be opened. Once the session ends, all positions are automatically closed, ensuring trades remain within your chosen intraday period. Even though it’s a relatively simple concept, I’ve come across many different variations of it. That’s why I created a highly customizable project. Under the Session Settings, you can select the time window you want to define as your range. Whether it’s the first 15-minute candle or the entire first hour, the choice is entirely yours. For stop-loss placement, there are two different options: Middle of the Range – The stop loss is placed at the midpoint between the high and low of the defined range, offering a balanced buffer for both bullish and bearish setups. Top/Bottom of the Range – The stop loss is placed just beyond the range’s high for short trades or just below the range’s low for long trades, providing a more conservative risk approach. I’ve always been a big fan of the multi take-profit feature, so I added two different take-profit targets to this project. Take profits are calculated based on a Risk-to-Reward Ratio, which you can adjust in the settings. You can also set different position sizes for each target, allowing you to scale out of trades in a way that suits your strategy. The result is a flexible, user-friendly strategy script that brings together a classic approach with modern risk management tools—ready to be tailored to your trading style
Strategia Pine Script®
di Milvetti
1
Opening Range Retest█  OVERVIEW This indicator shows the opening range as a box. It also draws markers and triggers alerts when the opening range is retested. The opening range time is configurable, as is the period of time that must elapse before each return to the opening range is considered a retest. █  FEATURES Opening range time configurable in bars or minutes Configurable "resting" period between the end of the opening range or since the last retest before a new retest is considered valid Configurable tolerance so that a retest can trigger sooner Active time range can be used to filter alerts and markers to a specific time window Visual box showing the opening range, which can be optionally limited to the above-mentioned active time window Well-documented, high-quality, open-source code for those interested █  CONCEPTS This indicator can be used for an opening range retest trading strategy, where long or short positions are taken on the retest of the opening range. The opening range can be user-configured, so it is suitable for use with any opening range time period (e.g., 1-min, 5-min, 15-min, etc.). The markers and alerts are equivalent, in the sense that whenever a marker appears, an alert will also trigger (assuming the user has set an alert up). The alert active time range is simply used as a filter for markers and alerts, meaning that these will not draw or trigger outside of the specified time range. █  LIMITATIONS The indicator is intended for equities that have a highly active regular market open. For other security types, it will draw the opening range box from whenever TradingView specifies the market open time.
Indicatore Pine Script®
di BruzX
7
Gold ORB Strategy (15-min Range, 5-min Entry)The Gold ORB (Opening Range Breakout) Strategy is designed for day traders looking to capitalize on the price action in the early part of the trading day, specifically using a 15-minute range for identifying the opening range and a 5-minute timeframe for breakout entries. The strategy trades the Gold market (XAU/USD) during the New York session. Opening Range: The strategy defines the Opening Range (ORB) between 9:30 AM EST and 9:45 AM EST using the highest and lowest points during this 15-minute window. Breakout Entries: The strategy enters trades when the price breaks above the ORB high for a long position or below the ORB low for a short position. It waits for a 5-minute candle close outside the range before entering a trade. Stop Loss and Take Profit: The stop loss is placed at 50% of the ORB range, and the take profit is set at twice the ORB range (1:2 risk-reward ratio). Time Window: The strategy only executes trades before 12:00 PM EST, avoiding late-day market fluctuations and consolidations.
Strategia Pine Script®
di krypson
4
True Range & ATRDescription : This indicator plots both the True Range (TR) and the Average True Range (ATR) in a separate pane below the main chart. - TR represents the absolute price movement range within each candle. - ATR is a smoothed version of TR over a user-defined period (default: 14), providing insight into market volatility. - TR is displayed as a histogram for a clearer view of individual candle ranges. - ATR is plotted as a line to show the smoothed trend of volatility. This indicator helps traders assess market volatility and potential price movements.
Indicatore Pine Script®
di dharmendrakawasthi
Real-Time Custom Candle Range Color Indicator The script allows the user to input a custom range value (default set to 100 points) through the userDefinedRange variable. This value determines the minimum range required for a candle to change color. Calculating Candle Range: The script calculates the range of each candle by subtracting the low from the high price. Determining Bullish or Bearish Candles: It checks whether the close price is higher than the open price to determine if a candle is bullish (isBullish variable). Coloring Candles: Based on the custom range input, the script changes the color of the candles: If the candle's range is greater than or equal to the custom range and it is bullish, the candle color is set to blue (bullishColor). If the range condition is met and the candle is bearish, the color is set to orange (bearishColor). If the range condition is not met, the color is set to na (not applicable). Plotting Colored Candles: The plotcandle function is used to plot candles with colors based on the custom range and bullish/bearish conditions. The candles will have a higher z-order to be displayed in front of default candles. Displaying High and Low Price Points: Triangular shapes are plotted at the high and low price levels using the plotshape function, with colors representing bullish (blue) and bearish (orange) conditions. In trading, this indicator can help traders visually identify candles that meet a specific range criteria, potentially signaling strength or weakness in price movements. By customizing the range parameter, traders can adapt the indicator to different market conditions and trading strategies. It can be used in conjunction with other technical analysis tools to make informed trading decisions based on candlestick patterns and price movements.
Indicatore Pine Script®
di kksharma1508
Market Open Range Breakaway v1.2Script Name: Market Open Range Breakaway 1.2 This TradingView script, "Market Open Range Breakaway," highlights the market's opening range for a user-selected day of the week. It calculates the high and low prices during a specified period after the market opens, plots these levels, and tracks the opening price. The script dynamically adjusts for time zones and only displays data during market hours on the chosen day, with optional background shading for the defined range period. Purpose: Identifies and highlights the market's opening range for a selected day of the week. Features: Calculates and plots the high, low, and open price during the market's opening range. Configurable range duration (e.g., 15, 30, or 60 minutes). Automatically adjusts for different time zones. Displays levels only during market hours on the target day. Optional background shading for the opening range. Inputs: Target day of the week. Opening range duration. Use Case: Ideal for traders looking to analyze breakout levels or price movements around the opening range.
Indicatore Pine Script®
di Morecowwbell
6
Custom Time Range HighlighterCustom Time Range Highlighter This versatile indicator allows traders to highlight specific time ranges on their charts, accommodating users worldwide by supporting customizable UTC offsets. Traders can define two distinct time ranges, setting start and end hours in their local time zone. A toggle option enables the display of highlights for today only , ensuring focus on current trading conditions. Ideal for day traders and those following specific market sessions, this tool enhances visibility of active trading periods and aids in effective trade management.
Indicatore Pine Script®
di JohnnyFarmerr
Austin's Range Filter with Trade SignalsAustin’s Range Filter with Trade Signals Description: Austin’s Range Filter with Trade Signals is a versatile indicator that combines a custom range filter with dynamic buy and sell signals based on EMA crossovers. This indicator is designed to help traders easily identify trend reversals and optimal trade entry/exit points. Key Features: • Range Filter Calculation: The indicator calculates the highest and lowest price over a user-defined period, then multiplies the difference by a customizable multiplier to establish a dynamic range. A combined middle band (average of the upper and lower bounds) is plotted for a clearer visual representation of the price trend. • Exponential Moving Average (EMA): A user-configurable EMA is added, which acts as the primary signal line. You can adjust the length of the EMA to suit your trading style. • Buy and Sell Signals: • Buy Signal: Triggered when the price crosses above the EMA, indicating a potential upward trend. • Sell Signal: Triggered when the price crosses below the EMA, indicating a potential downward trend. • Alerts: Custom alert conditions for buy and sell signals allow you to set up real-time notifications when the signal changes, so you never miss an opportunity. • Customizable Display: You can toggle the visibility of the combined band (purple) and the EMA (blue) for a cleaner chart. How It Works: • Buy when the price crosses above the EMA. • Sell when the price crosses below the EMA. • Background colors indicate whether the current price is above or below the calculated range, helping you visually identify bullish and bearish conditions. Customization Options: • Range Filter Length: The lookback period for the highest/lowest price calculation. • Range Multiplier: Adjusts the size of the range. • EMA Length: Set the length of the EMA to fine-tune the signal sensitivity. • Toggle Lines: Show or hide the combined band and EMA for more flexibility. This indicator is suitable for a variety of markets including stocks, forex, and crypto, and can be applied to any timeframe. Use it as part of your technical analysis to spot market trends and improve your decision-making process. How to Use: 1. Apply the indicator to your chart and adjust the settings to suit your strategy. 2. Set up alerts for buy and sell signals to receive real-time notifications. 3. Monitor the price relative to the range and EMA to better time your trades. This indicator is perfect for traders looking for an intuitive yet powerful tool to enhance their trading strategies with automatic signals and alerts.
Indicatore Pine Script®
di paulaustin3977
Sentiment Range MA [ChartPrime]The "Sentiment Range MA" provides traders with a dynamic perspective on market activity, emphasizing both stability in chop zones and quick adaptability outside of them. Key Features: Chop Zone Stability: In choppy markets, this indicator remains consistent, filtering out the noise to provide a clear view. Quick Adaptability: Should the price break out of these zones, the indicator recalibrates promptly. Dynamic Support and Resistance: Adapts based on the latest price action, serving as an evolving reference point. Emphasis on Recent Levels: The tool factors in the latest notable market levels to stay relevant and timely. Configurations: Data Source: Choose your desired metric, though many default to the closing price. Output Smoothing: Adjust the SR MA's response to market movements. Trigger Smoothing: Refine boundary definitions based on your market insights. ATR Period: Set the period for the ATR, influencing the surrounding boundary's width. Range Multiplier: Control the ATR's effect on the range. Range Switch: Flip between high-low and open-close values for range determination. Visuals Sentiment Range MA Line: - This is the flowing line that transitions between green and red. - When it's green, it indicates bullish momentum in the market. This suggests a prevailing upward trend and can be an entry cue for traders who trade with the trend. - When it turns red, bearish sentiments dominate. It indicates the potential beginning of a downtrend or a continued downtrend. Traders might interpret this as a signal to be cautious, to short the market, or to exit long positions. The Chop Zone: - This is the space between the price candles and the Sentiment Range MA line. It represents a region where the price is considered to be moving sideways or without a clear direction. Price movements within the chop zone might not be substantial enough to warrant a trading decision. Only when the price breaks out of this zone do we see the Sentiment Range MA line change color, signaling a potential trading opportunity. By interpreting these visuals, traders can make more informed decisions based on the prevailing market sentiment and trend. The chart becomes a tool, providing both an overview of the market condition and potential entry or exit points based on the Sentiment Range MA indicator's readings. Detailed Settings Overview Understanding the settings of the Sentiment Range MA Indicator can greatly enhance its utility in your trading strategy. Let's dive deeper into each: Output Smoothing: Purpose: It refines the SR MA to provide a clearer trend perspective. Functionality: - At `0`, it ensures the indicator responds immediately to price deviations from the chop zone. - At higher values, it transforms the indicator into a volatility-adjusted moving average. Filtering Modes: - Single Filtering: Prioritizes speed. - Double Filtering: Emphasizes stability. Trigger Smoothing: Purpose: Used for the range break detection. Functionality: It dampens the indicator's sensitivity to sudden market volatility, preventing unnecessary triggers. ATR Length: Purpose: Governs the retrospective period for the chop zone. Functionality: - Higher values offer a more consistent and broad range size, capturing more historical data. - Lower values allow for a more adaptive and responsive range. Range Multiplier: Purpose: Modifies the breadth of the range around the SR MA. Functionality: Increasing the multiplier will extend the range, giving more leeway before triggering, while decreasing it will narrow the range, making the indicator more responsive to price changes. Range Style: Purpose: Decides which candlestick data is factored into the true range calculations. Options: - Body: Uses the open and close values. - Wick: Accounts for the high and low values. Functionality: Switching between styles lets you prioritize either the overall volatility (Wick) or just the concluded price action for a period (Body). By fine-tuning these settings, traders can tailor the Sentiment Range MA Indicator to various market conditions and personal trading styles, ensuring optimal decision-making. Quick Start Based on the provided chart, here's a brief explanation of the default settings for the Sentiment Range MA Indicator: Length: Set at ` 20 `. - This determines the base moving average period. A standard setting, it calculates the average price over the last 20 periods, providing traders with a clear perspective of short-term trends. ATR Length: Set at ` 200 `. - This adjusts the lookback period for the Average True Range (ATR), which in turn influences the chop zone calculation. At a setting of 200, it offers a comprehensive view, considering a longer stretch of historical data. Range Multiplier: Set at ` 6 `. - This multiplies the ATR value, widening or narrowing the band around the SR MA. A setting of 6 means the range around the SR MA is determined by multiplying the ATR by 6, offering a broader fluctuation zone. On the chart, the green line represents the bullish sentiment and the red represents the bearish sentiment. Price movements above and below these lines can be used as potential buy or sell signals respectively. Fine-tuning these settings can cater the Sentiment Range MA Indicator to your specific trading strategy and market condition preferences. Alternative Settings For traders looking to adapt to faster market conditions or prefer a more agile analysis, here's a brief description of the alternative settings for the Sentiment Range MA Indicator: Length: Set at ` 3 `. - This highly responsive setting calculates the average price over the last 3 periods. Ideal for quick market movements, it offers traders insights into very short-term price trends and potentially swift trade opportunities. ATR Length: Set at ` 50 `. - This shorter lookback period for the Average True Range (ATR) focuses on more recent market volatility, providing a tighter and more current chop zone calculation. It's suitable for those wanting to respond to recent market shifts. Range Multiplier: Set at ` 4 `. - Multiplying the ATR by 4 narrows down the buffer around the SR MA. This creates a tighter sentiment range, possibly resulting in more frequent crossovers and trading signals. In the provided chart, the green line still denotes bullish momentum while the red symbolizes bearish sentiment. These alternative settings might generate more frequent signals, so traders should ensure their strategy is aligned with this heightened sensitivity. Wrapping Up The Sentiment Range MA melds stability and agility, making it a valuable tool in your trading toolkit. As always, before integrating new indicators, take the time to understand its nuances and potential impacts on your strategy.
Indicatore Pine Script®
di ChartPrime
14
Dual Fibonacci Zones & Ranged Vol DCA Study - R3c0nTraderWhat does this do? This signal script (aka Study) was created so it could be used with the corresponding strategy "Dual Fibonacci Zone & Ranged Vol DCA Strategy - R3c0nTrader" to create the buy and sell signals for 3Commas bots. How to Use Configure the study to match your settings you have set in the strategy. This script comes with an buy and sell alert conditions built-in. Just click to add alert and select Buy or Sell and paste in your bot messages. Credits: Thank you "EvoCrypto" for granting me permission to use "Ranged Volume" to create this study Thank you "eykpunter" for granting me permission to use "Fibonacci Zones" to create this study
Indicatore Pine Script®
di R3c0nTrader
4
SVDThis indicator aims to compare between two charts if trader isn't sure which one is more active and powerful, it does NOT show entries or help your chart analysis directly. The main features of this indicator is to show vitality and range of any given chart. Volatility: it calculates the average profit of every swing in the range and the final result will be the chart volatility, which indicate how profitable this chart is. Range: it calculates the profit of the whole range compared to the total price. (E.g. range bottom is 0.1 and range top is 0.2 the range will be 100%) Extra: indicator shows the total direction of the chart in term of (STRONG UPTREND, UPTREND, SIDEWAYS, DOWNTREND, STRONG DOWNTREND), if you got (Somthing_wrong) please contact me. How to use: apply the indicator on different charts that you have chosen and the higher (volatility & range) the more profitable the chart is. inputs: Lookback length: how long the range is (how many candles are included). How intense should the Swing be: how many candles should be counted as a confirmation complete swing. Show counted Swings: if checked as true, will show the swings counted in the volatility calculation. For any notes on the indicator to be edited, or for another indicator ideas please comment.
Indicatore Pine Script®
di Sultan_shaya
11