Moving RangesThis excersice was done to help to analize the price range, its historical average from three different time frames, showing their values with decreasing transparencies.
The good thing is that it can be setup for almost all parameters
It also shows that price ranges are more probable than lines, as you can see.
A trading strategy similar to Bollinger Bands can be applied to use it as indicator.
Cerca negli script per "range"
Weekdays HeatmapA utility tool for getting interesting weekdays statistics.
Features
26 sources (standard prices, volumes, ranges)
Readable and optimized code
How to interpret
The darker the color, the stronger the weekday dominance
Supported sources/metrics
open
high
low
close
oo2 , (open + previous open) / 2
oh2 , (open + high) / 2
ol2 , (open + low) / 2
oc2 , (open + close) / 2
hh2 , (high + previous high) / 2
hl2 , median price
hc2 , (high + close) / 2
ll2 , (low + previous low) / 2
lc2 , (low + close) / 2
cc2 , (close + previous close) / 2
hlc3 , typical price
ohlc4
weighted close , (2 * close + high + low) / 4
true range
double true range , by Cynthia Kase
open/close range
high/low range
volume
tick volume
net volume
on balance volume
acc/dist , accumulation/distribution line
price volume trend
trade value , volume * close * pipvalue
How to get access
PM me for more details
ATR Entries & Stop Loss [Jigga]This is a simple script that displays multiples of ATR and shows you where the potential zones for longing and shorting are. The majority of people use ATR as a stop loss, so we can use it for our advantage and get in when they are stopped out. There is also a possibility to add a stop loss, so a trader can lose little when he is wrong and maximize profit when he is right. It works the best in ranging markets.
Do not forget to always use a proper stop loss and risk management.
Here you can see it in action:
BTC - BitMex - Range bound market
Opening-RangesThis indicator will give you expansion levels of the opening range ( I recommend/use 15 min opening range) to trade futures and stocks. There are two colors used, the Fuchsia(Magenta) colored dots are the opening range added and subtracted from opening price. The Aqua(Cyan) colored dots are the opening range stacked. Like blocks. They are both respected during the day. But not as much as longer time frame fib levels.
Opening Range Breakout🧭 Overview
The Open Range Breakout (ORB) indicator is designed to capture and display the initial price range of the trading day (typically the first 15 minutes), and help traders identify breakout opportunities beyond this range. This is a popular strategy among intraday and momentum traders.
🔧 Features
📊 ORB High/Low Lines
Plots horizontal lines for the session’s high and low
🟩 Breakout Zones
Background highlights when price breaks above or below the range
🏷️ Breakout Labels
Text labels marking breakout events
🧭 Session Control
Customizable session input (default: 09:15–09:30 IST)
📍 ORB Line Labels
Text labels anchored to the ORB high and low lines (aligned right)
🔔 Alerts
Configurable alerts for breakout events
⚙️ Adjustable Settings
Show/hide background, labels, session window, etc.
⏱️ Session Logic
• The ORB range is calculated during a defined session window (default: 09:15–09:30).
• During this window, the highest high and lowest low are recorded as ORB High and ORB Low.
📈 Breakout Detection
• Breakout Above: Triggered when price crosses above the ORB High.
• Breakout Below: Triggered when price crosses below the ORB Low.
• Each breakout can trigger:
• A background highlight (green/red)
• A text label (“Breakout ↑” / “Breakout ↓”)
• An optional alert
🔔 Alerts
Two built-in alert conditions:
1. Breakout Above ORB High
• Message: "🔼 Price broke above ORB High: {{close}}"
2. Breakout Below ORB Low
• Message: "🔽 Price broke below ORB Low: {{close}}"
You can create alerts in TradingView by selecting these from the Add Alert window.
📌 Best Use Cases
• Intraday momentum trading
• Breakout and scalping strategies
• First 15-minute range traders (NSE, BSE markets)
Candle Range % vs 8-Candle AvgCandle % Indicator – Measure Candle Strength by Range %
**Overview:**
The *Candle % Indicator* helps traders visually and analytically gauge the strength or significance of a price candle relative to its recent historical context. This is particularly useful for detecting breakout moves, volatility shifts, or overextended candles that may signal exhaustion.
**What It Does:**
* Calculates the **percentage range** of the current candle compared to the **average range of the past N candles**.
* Highlights candles that exceed a user-defined threshold (e.g., 150% of the average range).
* Useful for **filtering out extreme candles** that might represent anomalies or unsustainable moves.
* Can be combined with other strategies (like EMA crossovers, support/resistance breaks, etc.) to improve signal quality.
**Use Case Examples:**
***Filter out fakeouts** in breakout strategies by ignoring candles that are overly large and may revert.
***Volatility control**: Avoid entries when market conditions are erratic.
**Confluence**: Combine with EMA or RSI signals for refined entries.
**How to Read:**
* If a candle is larger than the average range by more than the set percentage (default 150%), it's flagged (e.g., no entry signal or optional visual marker).
* Ideal for intraday, swing, or algorithmic trading setups.
**Customizable Inputs:**
**Lookback Period**: Number of previous candles to calculate the average range.
**% Threshold**: Maximum percentage a candle can exceed the average before being filtered or marked.
Oculus Quantum RangeOculus Quantum Range
The Oculus Quantum Range is a sophisticated indicator designed to track dynamic support and resistance levels, based on market volatility and price action. It uses the Average True Range (ATR) to define a dynamic range, giving traders powerful breakout and breakdown targets for more informed decision-making.
Key Features:
Dynamic Support & Resistance Levels: The indicator calculates key dynamic levels using the highest high and lowest low over a user-defined period (default: 20 bars). These levels adjust according to market volatility, helping to reflect current market conditions.
Breakout & Breakdown Targets: The system calculates breakout and breakdown targets based on the ATR, adding flexibility to the classic support and resistance levels. The targets are plotted above and below the dynamic range.
Volume Confirmation: The breakout and breakdown targets are confirmed when there is a spike in volume, enhancing the reliability of these trade signals.
Pivot Levels: The middle level (pivot) is plotted as the average of the highest high and the lowest low over the range period, offering an additional reference point for traders.
How to Use:
Breakout Entry:
When the price crosses above the Dynamic Top Line (Resistance), a breakout is considered. The breakout target is calculated and plotted above the resistance level.
A confirmed breakout is when the price crosses the resistance with volume higher than the 20-period volume average.
Breakdown Entry:
When the price crosses below the Dynamic Bottom Line (Support), a breakdown is considered. The breakdown target is calculated and plotted below the support level.
A confirmed breakdown is when the price crosses the support with volume higher than the 20-period volume average.
Pivot Zone:
The middle level (pivot) acts as a reference zone, showing potential areas where price action may pause or reverse before continuing toward breakout or breakdown targets.
Alert Conditions:
Breakout Alert: Triggered when the price crosses above the dynamic top line (resistance).
Breakdown Alert: Triggered when the price crosses below the dynamic bottom line (support).
Visualization:
The Dynamic Top Line (Resistance) is plotted in red.
The Middle Level (Pivot) is plotted in blue.
The Dynamic Bottom Line (Support) is plotted in green.
Breakout Targets are plotted in purple above the resistance, and Breakdown Targets are plotted in orange below the support.
Confirmed Breakout/Breakdown are marked with green and red lines respectively, and the background will change to green or red for a visual cue.
This indicator is perfect for traders looking to make timely decisions based on price action, volatility, and volume. It’s ideal for identifying potential breakout and breakdown opportunities with clear, dynamic targets.
Swing High/Low LQ TrackerAn interactive tool to track liquidity events. Select start and end points on your chart—this indicator will automatically detect and plot the highest high and lowest low from that window, then extend those levels forward. If price sweeps either level, it marks the event with a clean "LQ" tag.
Perfect for traders who want to identify session-based liquidity, like killzone highs/lows, without manually drawing and deleting lines every day.
How It Works
-Select start and end time directly from settings
-Indicator calculates the swing high and low during that range
-Lines extend beyond the session until broken
-“LQ” markers appear when price sweeps the swing levels
It’s a must-have for ICT traders, smart money traders, or anyone who wants to track key liquidity levels without clutter.
Simple and effective tool for marking important ranges and tracking when liquidity is taken. No complex settings - just select your range and monitor the levels.
Compression Patterns (w/ Trend + Proximity Filter)🧠 Description:
This indicator identifies high-probability price compression patterns within trending environments — a setup prized by experienced swing and day traders alike. It combines the classic NR4, NR7, 2-Bar NR, 3-Bar NR, and Inside Day formations with a powerful trend filter and proximity logic to deliver clear, focused signals.
🔍 What's Inside:
▪️ Compression Patterns
The core of this tool lies in the logic of price compression. These patterns signal the market taking a breath — volatility contracts, volume dries up, and price coils like a spring.
When this happens in the right context, the next move is often explosive.
NR4 / NR7: Narrowest range in 4 or 7 bars — excellent for spotting the quiet before the storm.
2-Bar NR / 3-Bar NR: These identify the tightest consecutive 2 or 3-day ranges over the past 20 days — contextually rare and powerful.
Inside Day: A simple but highly effective consolidation pattern, especially when it clusters around key moving averages.
▪️ Trend Filter (EMA Stack)
You could say this is where most indicators fall apart — no context.
This one doesn’t make that mistake.
Signals only fire when the 10 EMA > 20 EMA > 50 EMA, and price is above the 20 EMA. That’s a strong, established uptrend — the only environment where breakouts are statistically favourable.
Why?
Because trend following works.
It may not give you fixed daily returns, but it’s the only strategy with theoretically infinite profit potential. You risk little, trade less, and position yourself for rare but massive moves. That’s the edge.
▪️ Proximity Filter (1 ATR to EMA)
We’ve added another layer of discipline. Signals only fire when price is:
Within 1 ATR of the 10 EMA (if price is above it), or
Within 1 ATR of the 20 EMA (if price is below the 10 EMA)
This ensures you’re not chasing. You’re waiting for tight, controlled pullbacks into dynamic support — exactly where institutions add size, not exit.
⚙️ Fully Customisable:
Toggle visibility of each pattern
Custom colours and transparency for label & background
Adjustable ATR length and multiplier
Change label text if needed (useful for translations or tweaks)
🎯 Ideal Use Case:
Swing trading off the daily chart
Day trading with VWAP/MACD filters (in alternate versions)
Supplementing price action strategies
🔚 Final Word:
This isn’t an “everything scanner.”
It’s a discerning sniper scope for traders who wait patiently for clean trends, tight consolidations, and perfect proximity — then strike.
Monday Range (Lines) with Fib LevelsMonday Range with Fibonacci Levels Indicator - Description
This advanced TradingView indicator combines the power of Monday Range analysis with Fibonacci extension levels to help traders identify key weekly support and resistance zones.
Key Features:
Monday Range Detection:
Automatically detects and plots the high and low of each Monday's trading range (configurable for Sunday open markets)
Displays customizable horizontal lines for the weekly opening range
Adjustable lookback period (1-52 weeks)
Fibonacci Extension Levels:
Plots 9 key Fibonacci levels (-1.618, -1.272, -0.618, 0, 0.5, 1, 1.618, 2.272, 2.618) relative to Monday's range
Each Fib level is fully customizable (color, visibility, label)
Negative Fib levels extend below Monday low for potential reversal zones
Customizable Visuals:
Choose between solid, dotted or dashed line styles
Adjustable line thickness and colors
Configurable label text and positioning
Toggle individual elements on/off as needed
How Traders Use It:
Swing Traders: Identify weekly support/resistance levels for trade entries and exits
Breakout Traders: Watch for price reactions at Fibonacci extension levels beyond Monday's range
Mean Reversion Traders: Use negative Fib levels as potential reversal zones
Institutional Flow Analysis: Monitor how price reacts at key weekly levels
Settings Overview:
Market Open Day selection (Sunday/Monday)
Number of historical weeks to display (1-52)
Complete styling control for all lines and labels
Individual toggle controls for each Fibonacci level
Why It's Unique:
This indicator provides a rare combination of institutional weekly range analysis with mathematically precise Fibonacci extensions, giving traders a complete picture of both standard and extended price reaction zones that develop from the weekly opening range.
Perfect for forex, crypto, and index traders who want to incorporate weekly opening range strategies with Fibonacci price projection techniques.
Max Price Range DeviationThis indicator measures how far a stock has moved in recent days relative to its typical movement over a longer period.
🧠 What it does:
Calculates the absolute price range (highest high − lowest low) over a recent number of days.
Compares this recent range to the average max range from rolling windows of the same size over a longer lookback period.
Plots:
✅ Recent Range (blue line)
✅ Average Historical Range (orange line)
✅ Ratio of Recent to Average (green line)
Highlights when recent movement is significantly higher than normal using a configurable threshold.
⚙️ Inputs:
Recent Period (days): Number of days to calculate the current price move.
Lookback Period (days): Number of days used to calculate the average historical range.
High Move Threshold (x avg): If the recent move exceeds this multiple of average, it's flagged.
🛠️ Use Cases:
Spot unusually large price swings.
Identify good opportunities to sell out-of-the-money options (e.g., covered calls or credit spreads) when moves are extended.
Avoid chasing late-stage breakouts.
S/R Zones (Daily and Weekly) from 1H CandlesS/R Zones (Daily and Weekly) from 1H Candles
🧠 Core Concept: Higher Timeframe Accuracy via Lower Timeframe Data
This indicator delivers high-precision daily and weekly support & resistance (S/R) zones by extracting price-weighted volume data from the 1H timeframe, taking these data into account: approximate POCs, volume spikes, price pivots, etc. Unlike traditional indicators based on current or higher timeframes, this method provides more accurate and responsive levels, ideal for traders focusing on retests, breakouts, and structure-based entries.
⚠ Important: Due to Pine Script limitations, this indicator must be applied on a 1H chart, even though it is intended for daily and weekly trading setups.
🚨 Usage Restrictions
✅ Apply this indicator ONLY on a 1H chart — use the zones for trading decisions on the daily or weekly timeframe.
❌ Do not apply directly on daily or weekly charts — it will not function correctly under current TradingView limitations.
🛠 How to Use It
Input trading hours per day and trading days per week in the indicator settings according to the asset being analysed.
Use the 1H chart for application, but base your trades on the daily or weekly S/R zones it reveals.
Best suited for crypto and tech stocks. May work for commodities and FX, but might require parameter adjustments for optimal performance.
🔍 Support & Resistance Categorisation
Zones are determined by analysing price-weighted volume behaviour on the 1H timeframe, with a 3-day or 3-week confirmation period required before a zone is plotted.
📦 Zone Colors & Labels
• Blue – Daily Support
• Orange – Daily Resistance
• Green – Weekly Support
• Red – Weekly Resistance
• Aqua – 4H Support
• Fuchsia – 4H Resistance
4H Zones are designed to help fine-tune entries/exits when daily or weekly zones are too wide. They are less reliable due to signal strength limitations and should be treated as secondary reference levels. Only the latest 4H zones are shown for clarity.
🔄 Dynamic Features
✅ Automatic Zone Adjustment
When a daily or weekly zone breaks (as detected via the 4H chart), the indicator automatically shifts to the next relevant historical zone just above or below the most recent 1H candle. This reduces guesswork and simplifies post-breakout analysis. You can customise the appearance of adjusted zones in the indicator settings.
✅ Expanded Zone History
Supports up to 100 historical daily and weekly zones, offering a broader view of market structure and context. This setting is adjustable in the indicator menu.
📊 Example in Action
ETH just broke a major weekly support and multiple daily supports — a clearly bearish signal. But where’s the next key level?
The indicator instantly reveals the next major support range (e.g., 1540–1650), helping you decide whether to:
• 📉 Take profits on short positions
• 📈 Re-enter long positions if signs of reversal appear
🧩 Final Thoughts
This tool is more than an S/R indicator — it acts as a signal generator for both long and short trades. It will soon be integrated into a comprehensive trading system, including a risk management module.
📢 Stay tuned for updates – and happy trading! 🚀
Body Percentage of Range (Colored)Short Description:
This indicator measures the dominance of the candle's body relative to its total range (High - Low), providing a visual gauge of intra-candle strength versus indecision. Columns are colored based on whether the body constitutes more or less than a defined percentage (default 50%) of the candle's total height.
Detailed Description:
What it Does:
The "Body Percentage of Range" indicator calculates, for each candle, what percentage of the total price range (High minus Low) is occupied by the candle's body (absolute difference between Open and Close).
A value of 100% means the candle has no wicks (a Marubozu), indicating strong conviction during that period.
A value of 0% means the candle has no body (a Doji), indicating perfect indecision.
Values in between show the relative balance between the directional move (body) and the price exploration/rejection (wicks).
How to Interpret:
The indicator plots this percentage as columns:
Column Height: Represents the percentage of the body relative to the total range. Higher columns indicate a larger body dominance.
Column Color:
Green Columns: Appear when the body percentage is above the user-defined threshold (default 50%). This suggests that the directional move within the candle was stronger than the indecision (wicks). Often seen during trending moves or strong momentum candles.
Red Columns: Appear when the body percentage is at or below the user-defined threshold (default 50%). This suggests that wicks dominate the candle (body is 50% or less of the range), indicating significant indecision, struggle between buyers and sellers, or potential reversals. These are common in choppy, consolidating, or reversal market conditions.
Orange Line (Optional MA): A Simple Moving Average (SMA) of the body percentages is plotted to help smooth the readings and identify broader periods where candle structure indicates more trending (high MA) vs. ranging/indecisive (low MA) characteristics.
Potential Use Cases:
Identifying Choppy vs. Trending Markets: Sustained periods of low, predominantly red columns (and often a low/declining MA) can signal a choppy, range-bound market where trend-following strategies might underperform. Conversely, periods with frequent high, green columns suggest a more trending environment.
Confirming Breakouts/Momentum: High green columns appearing alongside increased volume during a breakout can add conviction to the move's strength.
Spotting Potential Exhaustion/Reversals: A very tall green column after a strong trend, followed immediately by a low red column (like a Doji or Spinning Top pattern appearing on the price chart), might signal potential exhaustion or a pending reversal, indicating indecision has suddenly entered the market.
Filtering Entries: Traders might avoid taking entries (especially trend-following ones) when the indicator shows a consistent pattern of low red columns, suggesting high market indecision.
Settings:
Color Threshold %: Allows you to set the percentage level above which columns turn green (default is 50%).
Smoothing MA Length: Adjusts the lookback period for the Simple Moving Average.
Disclaimer:
This indicator is a tool for technical analysis and should be used in conjunction with other methods (like price action, volume analysis, other indicators) and robust risk management. It does not provide direct buy/sell signals and past performance is not indicative of future results.
BBr1 Candle Range Volitility Gap IndicatorModified Candle Range Volatility Gap Indicator
1. Useful to analyze bars body and wicks and volatility of security.
2. Added a Percentage Option - easier to analyze across different securities.
2. Added a Standard Deviation ("1 std dev= 68.2%, 2 std dev=95.4%, 3 std dev=99.7%, etc") based upon user defined lookback period.
3. Added the ability to include Gaps in Analysis. (Gaps are when the prior closing cost does not equal opening price)
4. Possible Uses setting up stop losses, trailing entries/exits (inside range or outside range).
5. Use it with other indicators in determining if to make an entry or close entry.
Reposted Original Description by © ka66 Kamal Advani
Visually shows the Body Range (open to close) and Candle Range (high to low).
Semi-transparent overlapping area is the full Candle Range, and fully-opaque smaller area is the Body Range. For aesthetics and visual consistency, Candle Range follows the direction of the Body Range, even though technically it's always positive (high - low).
The different plots for each range type also means the UI will allow deselecting one or the other as needed. For example, some strategies may care only about the Body Range, rather than the entire Candle Range, so the latter can be hidden to reduce noise.
Threshold horizontal lines are plotted, so the trader can modify these high and low levels as needed through the user interface. These need to be configured to match the instrument's price range levels for the timeframe. The defaults are pretty arbitrary for +/- 0.0080 (80 pips in a 4-decimal place forex pair). Where a range reaches or exceeds a threshold, it's visually marked as well with a shape at the Body or Candle peak, to assist with quicker visual potential setup scanning, for example, to anticipate a following reversal or continuation.
Dynamic 50% Indicator of the selected range!This is a indicator which shows you the 50% level of the selected timeframe range. This is a good tool because price tends to bounce of of 50% levels.
Introducing the 50% Range Level Indicator, designed for traders who seek accuracy and strategic insights in their market analysis. This tool calculates and visually displays the midpoint (50% level) of any selected price range, helping you identify key equilibrium zones where price action often reacts.
Why Use This Indicator?
Key Market Equilibrium – The 50% level is a crucial reference point where price often consolidates, reverses, or gathers momentum.
Custom Range Selection – Simply select your desired price range, and the indicator will dynamically plot the midpoint.
Enhance Your Trading Strategy – Use it for support & resistance confirmation, retracement analysis, or confluence with other indicators.
Works on All Timeframes & Assets – Suitable for stocks, forex, crypto, and indices.
Gain an Edge in the Market
Whether you’re a day trader, swing trader, or long-term investor, the 50% Range Level Indicator can enhance your technical analysis and decision-making.
Dynamic Range Finder [The_lurker]هو أداة تهدف إلى تحديد نطاق السعر الديناميكي بناءً على التقلبات ومتوسط الأسعار . حيث يتم التعرف على مناطق التوحيد السعري (Consolidation) ويعطي إشارات شراء وبيع عند اختراق أو كسر هذا النطاق .
// يفضل استخدام المؤشر على اطار 4 ساعات واكثر //
مميزات المؤشر :
1- اكتشاف النطاق السعري الديناميكي
- يقوم المؤشر بحساب متوسط السعر خلال فترة محددة ومقارنة الإغلاقات الحديثة بمدى تقلب الأسعار (ATR) لمعرفة ما إذا كان السعر يتحرك داخل نطاق معين.
2- تحديد الاختراقات Breakout Signals
- عند اختراق السعر الحد العلوي للنطاق، يظهر المؤشر إشارة شراء (BUY).
- عند كسر السعر الحد السفلي للنطاق، يظهر المؤشر إشارة بيع (SELL).
3- دعم أنماط متعددة للمتوسطات المتحركة
- يسمح للمستخدمين باختيار نوع المتوسط المتحرك (SMA، EMA، WMA) المستخدم في حساب متوسط السعر.
4- إعدادات مخصصة للفلترة بحجم التداول (اختياري)
- فلترة حجم التداول هي ميزة اختيارية في المؤشر تسمح بتصفية إشارات الشراء والبيع بناءً على قوة الحجم المتداول مما يعزز دقة الإشارات عن طريق التأكد من أن الاختراقات السعرية مدعومة بحجم تداول قوي
5- تصميم مرن مع تخصيص للألوان والأنماط
- يمكن للمستخدمين تغيير ألوان النطاق وإشارات البيع والشراء حسب رغبتهم.
6- تنبيهات آلية عند حدوث كسر أو اختراق
- يتضمن تنبيهات (Alerts) عند حدوث إشارة بيع أو شراء.
كيف يعمل المؤشر؟
* يتم حساب متوسط السعر خلال الفترة المحددة (rangePeriod).
* يتم حساب التقلب السعري (ATR) ومضاعفته بمعامل النطاق (rangeMultiplier).
* يتم رسم مستطيل يعبر عن النطاق السعري بين (متوسط السعر ± التقلب).
* إذا تجاوز السعر الحد العلوي → إشارة شراء (BUY).
* إذا كسر السعر الحد السفلي → إشارة بيع (SELL).
* يمكن تصفية الإشارات باستخدام حجم التداول (اختياري).
1.0 → الحجم الحالي يجب أن يكون على الأقل مساويًا للمتوسط.
1.2 → الحجم الحالي يجب أن يكون أعلى من المتوسط بنسبة 20%.
1.5 → الحجم الحالي يجب أن يكون أعلى من المتوسط بنسبة 50%.
تنويه:
المؤشر هو أداة مساعدة فقط ويجب استخدامه مع التحليل الفني والأساسي لتحقيق أفضل النتائج.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView.
It is a tool that aims to determine the dynamic price range based on fluctuations and average prices. Consolidation areas are identified and buy and sell signals are given when this range is breached or broken.
// It is preferable to use the indicator on a 4-hour frame or more //
Features of the indicator:
1- Detecting the dynamic price range
- The indicator calculates the average price over a specific period and compares recent closings with the price volatility range (ATR) to see if the price is moving within a specific range.
2- Identifying Breakout Signals
- When the price breaks the upper limit of the range, the indicator shows a buy signal (BUY).
- When the price breaks the lower limit of the range, the indicator shows a sell signal (SELL).
3- Support for multiple moving average patterns
- Allows users to choose the type of moving average (SMA, EMA, WMA) used to calculate the average price.
4- Custom settings for filtering by trading volume (optional)
- Trading volume filtering is an optional feature in the indicator that allows filtering buy and sell signals based on the strength of the trading volume, which enhances the accuracy of the signals by ensuring that price breakouts are supported by strong trading volume
5- Flexible design with customization of colors and patterns
- Users can change the colors of the range and buy and sell signals as they wish.
6- Automatic alerts when a breakout or breakout occurs
- Includes alerts when a buy or sell signal occurs.
How does the indicator work?
* The average price is calculated over the specified period (rangePeriod).
* The price volatility (ATR) is calculated and multiplied by the range factor (rangeMultiplier).
* A rectangle is drawn that represents the price range between (average price ± volatility).
* If the price exceeds the upper bound → a buy signal (BUY).
* If the price breaks the lower bound → a sell signal (SELL).
* Signals can be filtered using trading volume (optional).
1.0 → Current volume should be at least equal to the average.
1.2 → Current volume should be 20% above the average.
1.5 → Current volume should be 50% above the average.
Disclaimer:
The indicator is an auxiliary tool only and should be used in conjunction with technical and fundamental analysis to achieve the best results.
Disclaimer
The information and posts are not intended to be, or constitute, any financial, investment, trading or other types of advice or recommendations provided or endorsed by TradingView.
CANDLE RANGE THEORY (H1 Only)Hello traders.
This indicator identifies CRT candles
-Each candle is a range.
-Each candle has its own po3.
-Focus on specific times of the day. By recognizing the importance of time and price, we can capture high-quality trades. Together with HTF PD array, Look for 4-hour candles forming at specific times of the day. (1am - 5am - 9am EST)
-After the 1st candle, wait for the 2nd candle to clear the high/low of the 1st candle and then close inside the 1st candle range at a specific time (1-5-9) and look for entries in the LTF
Why choose 1 5 9 hours EST?
### **1. 1:00 AM (EST)**
- **Trading Session:** This is the time between the Tokyo (Asian) session and the Sydney (Australian) session. The Asian market is very active.
- **Characteristics:**
- Liquidity: Moderate, as only the Asian market is active.
- Volatility: Pairs involving JPY (Japanese Yen), AUD (Australian Dollar), and NZD (New Zealand Dollar) tend to have higher volatility.
- Trading Opportunities: Suitable for traders who like to trade trends or news in the Asian region.
- **Note:** Volatility may be lower than the London or New York session.
### **2. 5:00 AM (EST)**
- **Trading Session:** This is the time near the end of the Tokyo session and the London (European) session is about to open.
- **Characteristics:**
- Liquidity: Starts to increase due to the preparation of the European market.
- Volatility: This is the time between two trading sessions, there can be strong fluctuations, especially in major currency pairs such as EUR/USD, GBP/USD.
- Trading opportunities: Suitable for breakout trading strategies when liquidity increases.
- **Note:** The overlap between Tokyo and London can cause sudden fluctuations.
### **3. 9:00 AM (EST)**
- **Trading sessions:** This time is within the London session and near the beginning of the New York session.
- **Characteristics:**
- Liquidity: Very high, as this is the period between the two largest sessions – London and New York.
- Volatility: Extremely strong, especially for major currency pairs such as EUR/USD, GBP/USD, USD/JPY.
- Trading opportunities: Suitable for both news trading and trend trading, as this is the time when a lot of economic data is released (usually from the US or the European region).
- **Note:** High volatility can bring big profits, but also comes with high risks.
### **Summary of effects:**
- **1 AM (EST):** Moderate volatility, focusing on Asian currency pairs.
- **5 AM (EST):** Increased liquidity and volatility, suitable for breakout trading.
- **9 AM (EST):** High volatility and high liquidity, the best time for Forex trading.
==> How to trade, when the high/low of CRT is swept, move to LTF to wait for confirmation to enter the order
Only sell at high level and buy at discount price.
Find CE at specific important time. Trading CRT with HTF direction has better win rate.
The more inside bars, the higher the probability.
Place a partial and Move breakeven at 50% range.
Do a backtest and post your chart.
Average Candle RangeThis indicator calculates and displays the average trading range of candles over a specified period, helping traders identify volatility patterns and potential trading opportunities.
Features:
- Customizable lookback period (1-500 bars)
- Clean visual display in a top-right table overlay
- High-precision calculation showing 10 decimal places
- Real-time updates with each new bar
How it Works:
The indicator calculates the range of each candle (High - Low) and then computes the Simple Moving Average (SMA) of these ranges over your specified lookback period. The result is displayed in an easy-to-read table overlay.
Use Cases:
- Volatility Analysis: Monitor market volatility trends
- Position Sizing: Help determine position sizes based on average price movements
- Trading Strategy Development: Use as a reference for setting stop losses and take profits
- Market Phase Identification: Help identify high vs low volatility market phases
Settings:
- Lookback Period: Default is 140 bars, adjustable from 1 to 500
Note:
The indicator displays values with 10 decimal places for high-precision analysis, particularly useful in markets with small price movements.
ka66: Candle Range MarkThis is a simple trailing stop loss tool using bar ranges, to be used with some discretion and understanding of basic price action.
Given a configurable percentage value, e.g. 25%:
A bullish bar (close > open) will be marked at the lower 25%
A bearish bar (close < open) will be marked at the upper 25%
The idea is to move your stop loss after each completed bar in the direction of the trade, at the configured percentage value.
If you have an inside bar, or something very close to it, or a doji-type bar, don't trail that, because there is no clarity of what the bar means, we can only wait.
The chart shows an example use, with trailing at 10% of the bar, from the initial stop loss after entry, trailing till we get stopped out. Some things to note:
Because this example focuses on a short trade, we ignore the bullish candles, and keep our trailing stop at the last bearish candle.
We ignore doji-esque candles and inside bars, where the body is in the range of the prior candle. Some definitions of inside bars include the wicks as well. I don't have a strong opinion, and this example is just for illustration. Furthermore, the inside bar will likely be the opposite of the swing bars (e.g. bullish bar in a range of bearish bars), so our stop remains unchanged.
One could use this semi-systematic approach in scalping on any timeframe, for example to maximise gains, adjusting the bar percentage as needed.
Volatility FinderVolatility Finder / Daily Range.
This indicator will measure the Average amount of Pips/Points movement of price, over an X amount of time.
This is often referred to as "Forex Volatility" Most pairs have different amounts of volatility. Exotics pairs are considered very volatile, Forex Majors is less volatile.
So this Indicator, will measure the amount of ADR/Average Daily Range.
Average amount of Pips/Points of movement, within a specific period of time, and tell you that.
- In the settings, you can choose how many days you want the indicator to measure from, and it will tell you the average amount of pips, based on the average movement on those days.
The Default setting is set to 90 days/3 months.
IMPORTANT:
To see the number the indicator tells you, you have to RIGHT-click up in the Left-side corner, where you see the Pair you have open on your Chart. And make sure to Enable "INDICATOR VALUES". Then if you However over the Indicator area, where the indicators you have open. You will see the number that the indicator has found. Based on the Settings you have set in the Settings Menu.
* One applicable way to use this information is if you are inside a trade, and price has moved past the Daily Range. It could be less probable it will continue in the same direction when it has Met the Daily Range.
* Another is to use this, to find pairs that you might want to trade. If the Average Price movement over the time you input, is High, you can use this information to help you decide if this pair is to Volatile for you to consider trading, or if it moving to slow for you.
It's very accurate, if you want to compare, you can go to 3rd party websites like
Mataf / mataf.net/en/forex/tools/volatility
Investing.com / investing.com/tools/forex-volatility-calculator
Expected Volatility, Range, and Estimated VolatilityOverview
The Expected Volatility, Expected Range, and Estimated Volatility Indicator helps traders quantify and visualize the expected price movement of a financial instrument based on historical price changes. Unlike traditional historical volatility measures that are annualized, this indicator calculates expected volatility using a proprietary transform model directly from historical price data over a specified period. This provides an immediate, timeframe-specific estimate of expected volatility without annualization, making it more directly applicable to the current trading timeframe.
This indicator should be used with the Mean and Standard Deviation Lines to enhance analysis by combining price distribution and volatility insights.
Inputs
Volatility Period (Bars): Determines the number of bars used to calculate the expected volatility. For accurate visualization, it is recommended to set this period to be the same as the one used in the Mean and Standard Deviation Lines indicator. Adjusting this period can make the indicator more responsive to recent price changes or smooth out short-term fluctuations.
Plot Mode: Choose between "Percent" or "Base Currency" to display the indicator's outputs either as a percentage or in the asset's base currency value.
Outputs
Expected Volatility (Orange Line): Displays the expected volatility calculated using the transform model based on historical price changes over the specified period and serves as a reference for typical market movements and aiding in the identification of high-risk periods or potential breakout opportunities.
Expected Range (Red Line): Represents the expected price movement range based on the expected volatility.
Estimated Volatility (Yellow Line): Provides an alternative volatility measure based on the intraday range (high-low) relative to the previous close, offering additional insights into price fluctuations within each bar.
How to Use
Risk Management
You can use either the Expected Volatility or the Expected Range to set stop-loss and take-profit levels based on your preference. Using the Expected Volatility values will generally result in tighter stop-loss levels, potentially exiting trades earlier, while using the Expected Range may allow for more room to accommodate price fluctuations.
Historical Performance Analysis
Monitor when the Estimated Volatility (yellow line) crosses above the Expected Volatility or Expected Range lines (orange and red lines). Such crossings indicate periods where actual market volatility exceeded expected levels, providing insights into the historical effectiveness of your stop-loss or take-profit strategies.
Combined Analysis with Mean and Standard Deviation Lines
Use this indicator alongside the Mean and Standard Deviation Lines to gain a comprehensive view of both price distribution and volatility. Ensure that the Volatility Period is set to the same value in both indicators for accurate visualization and comparison. This combined approach enhances your ability to identify significant price movements and adjust your trading strategy accordingly.
Trend Analysis
Observe changes in the Expected Volatility values to identify periods of increasing or decreasing market volatility, which may signal potential trend developments or reversals.
Identifying Typical and Extreme Conditions
The Expected Volatility serves as a benchmark for typical market movements, aiding in the identification of high-risk periods or potential breakout opportunities when price action moves beyond this range.
Preference-Based Strategy
Choose between using the Expected Volatility or Expected Range based on your risk tolerance and trading strategy. The Expected Volatility provides a more conservative approach, while the Expected Range allows for greater flexibility in accommodating market fluctuations.
Additional Notes
For accurate visualization, set the Volatility Period to the same value used in the Mean and Standard Deviation Lines indicator. This alignment ensures consistency in your analysis and enhances the reliability of the insights gained from both indicators.
Be mindful that higher volatility periods can present both opportunities and increased risk; appropriate risk management practices are essential.
Important: The Expected Volatility calculated by this indicator is not annualized , unlike traditional historical volatility measures. This makes it directly applicable to the timeframe of your analysis, providing a more immediate estimate of expected price movements.
Daily Range Position Sizer// ENGLISH, GERMAN BELOW
Daily Range Position Sizer
A versatile indicator that helps traders calculate position sizes based on daily high/low levels with flexible session handling.
Features:
- Displays daily high and low levels with broken line style for clear visibility
- Calculates position sizes for both long and short setups based on your defined risk amount
- Flexible session dealing with optional pre-market inclusion
- Real-time position size updates based on current price
- Clearly visible info box showing position sizes
Settings:
- Risk Amount ($): Define your desired risk amount in dollars
- Include Pre-market: Toggle between regular session only (9:30-16:00 ET) or full day including pre-market
- X-Offset: Adjust the horizontal position of the info box
Usage:
1. Set your desired risk amount
2. Choose whether to include pre-market data
3. Monitor daily ranges and corresponding position sizes
4. Use the automatically calculated position sizes for your trades
Note: This indicator is for educational and informational purposes only. Always verify calculations and manage your risk appropriately.
Contributions and feedback are welcome!
// GERMAN
Tageshoch/-Tief & Positionsgröße
Ein vielseitiger Indikator, der Tradern bei der Berechnung von Positionsgrößen auf der Basis von Tageshochs und -tiefs hilft und eine flexible Handhabung der Sitzungen ermöglicht.
Eigenschaften:
- Zeigt tägliche Höchst- und Tiefststände mit gestrichelten Linien für eine klare Sichtbarkeit an
- Berechnet Positionsgrößen für Long- und Short-Setups auf der Grundlage des von Ihnen definierten Risikobetrags
- Flexibles Session-Handling mit optionaler Einbeziehung des vorbörslichen Handels
- Aktualisierung der Positionsgröße in Echtzeit auf Basis des aktuellen Kurses
- Deutlich sichtbare Infobox mit Positionsgrößen
Einstellungen:
- Risikobetrag ($): Definieren Sie Ihren gewünschten Risikobetrag in Dollar
- Vorbörslich einbeziehen: Schalten Sie um zwischen nur regulärer Sitzung (9:30-16:00 ET) oder ganztägig einschließlich Vormarkt
- X-Absatz: Passen Sie die horizontale Position der Infobox an
Verwendung:
1. Legen Sie den gewünschten Risikobetrag fest
2. Wählen Sie, ob vorbörsliche Daten einbezogen werden sollen
3. Überwachen Sie die täglichen Bandbreiten und die entsprechenden Positionsgrößen
4. Verwenden Sie die automatisch berechneten Positionsgrößen für Ihre Trades
Hinweis: Dieser Indikator ist nur für Lehr- und Informationszwecke gedacht. Überprüfen Sie stets die Berechnungen und steuern Sie Ihr Risiko angemessen.
Beiträge und Feedback sind willkommen!
ATR Range Pivot LinesDescription:
This Pine Script calculates and plots pivot lines based on ATR (Average True Range) value and closing price. It uses the previous trading day's ATR value to set static pivot levels for the current trading day. These pivot lines help traders identify potential support and resistance levels based on historical volatility. The script includes two main pivot lines—ATR High and ATR Low —and two midpoint lines between them for additional context. Labels are added to show the exact pivot values, with options to customize label positions.
Intended Use:
The script is designed to help traders forecast potential price ranges for the current trading day based on the previous day’s volatility. By adding and subtracting the previous day's ATR from the prior close, the script identifies key levels where price action may encounter support or resistance. It is useful for setting realistic price targets or entry/exit points. Since the ATR-based pivot lines are static for the entire day, they provide a reliable range for intraday trading strategies.
Disclosure:
This script was generated using AI. It is recommended to review and test the script thoroughly before applying it in live trading scenarios.
