RSI + MA, LinReg, ZZ (HH HL LH LL), Div, Ichi, MACD and TSI HistRelative Strength Index with Moving Average, Linear Regression, Zig Zag (Highs and Lows), Divergence, Ichimoku Cloud, Moving Average Convergence Divergence and True Strength Index Histogram
This script is based on zdmre's RSI script, I revamped a lot of things and added a few indicators from ParkF's RSI script.
Disable Labels in the Style tab and the histogram if you don't enlarge the indicator and it seems too small.
Look to buy in the oversold area and bounce of the support of the linear regression.
Look to sell in the overbought area and bounce of the resistance of the linear regression.
Look for retracement to the moving average or horizontal lines, and divergences for potential reversal.
RSI
The Relative Strength Index (RSI) is a well versed momentum based oscillator which is used to measure the speed (velocity) as well as the change (magnitude) of directional price movements.
Moving Average
Moving Average (MA) is a good way to gauge momentum as well as to confirm trends, and define areas of support and resistance.
Linear Regression
The Linear Regression indicator visualizes the general price trend of a specific part of the chart based on the Linear Regression calculation.
Zig Zag (Highs and Lows)
The Zig Zag indicator is used to identify price trends, and in doing so plots points on the chart to mark whenever prices reverse by a larger percentage point than a predetermined variable or marker.
Divergence
The divergence indicator warns traders and technical analysts of changes in a price trend, oftentimes that it is weakening or changing direction.
Ichimoku Cloud
The Ichimoku Cloud is a package of multiple technical indicators that signal support, resistance, market trend, and market momentum.
MACD and TSI Histogram
MACD can be used to identify aspects of a security's overall trend.
The True Strength Index indicator is a momentum oscillator designed to detect, confirm or visualize the strength of a trend.
Cerca negli script per "support resistance"
Gann Square of 144This indicator will create lines on the chart based on W.D. Gann's Square of 144. All the inputs will be detailed below
Why create this indicator?
I didn't find it on Tradingview (at least with open source). But the main reason is to study the strategy and be able to draw it fast. Manually drawing the square is not hard, but moving all together to the right spots and scale was time-consuming.
It has a lot of inputs...
Yes, each square point divisible by 6 has information with some options, so the user can create any configuration he wants. Also, it has the advantage of having the square built in seconds and adjusting itself on each new calculation.
About the inputs
Starting Date
This input will be used when the "Set Upper/Lower Prices and Start Bar Automatically" checkbox is not selected. The indicator will calculate all the line locations on the chart using the selected start date. When selecting this input, change the Manual Max and Min Prices to the better calculation
Manual Max/Min Price
This input will be used when the "Set Upper/Lower Prices and Start Bar Automatically" checkbox is not selected. The indicator will calculate all the line's locations on the chart using these prices
Set Upper/Lower Prices and Start Bar Automatically
Selects if the starting date will be automatically selected by the system or based on the input data. When it's set, the indicator will use the most recent bar as the middle point of the square, using the higher price as the Upper Price and the lowest price as the Lower Price in the latest 72 bars (or more based on the Candles Per Division parameter)
Update at a new bar
When this option is market, the indicator will update all created lines to match the new bar position, together with all the possible new Upper/Lower prices. Let it unchecked to watch the progression of the price while the square remains fixed in the chart.
Top X-Axis
When checked, it will display the labels on the Top of the square
Bottom X-Axis
When checked, it will display the labels on the Bottom of the square
Left X-Axis
When checked, it will display the labels on the left of the square
Right X-Axis
When checked, it will display the labels on the right of the square
Show Prices on the Right Y-Axis
When checked, it will display the prices together with the labels on the right of the square
Show Vertical Divisions
Show the lines that will divide the square into 9 equal parts
Show Extra Lines
Show unique lines that will come from the Top and bottom middle of the square, connecting the center to the 36 and 108 levels
Show Grid
When selected, it will display a grid in the square
Line Patterns
A selector with some options of built-in lines configuration. When any option besides None is selected, it will override the lines inputs below
Numbers Color
Select the color of each number on the Axis
Vertical Lines Color
Select the color of the vertical lines
Grid Color
Select the grid line color
Connections from corners to N
Each corner is represented by 2 characters, so they all fit in a single line
It will indicate where the line starts and where it ends
┏ ↓ = Top Left to Bottom
┏ → = Top Left to Right
┗ ↑ = Bottom Left to Top
┗ → = Bottom Left to Right
┓ ← = Top Right to Left
┓ ↓ = Top Right to Bottom
┛ ← = Bottom Right to Left
┛ ↑ = Bottom Right to Top
Besides selecting what line will be created, it's possible to select the color, the style, and the extension
How to use this indicator
When you dig into Gann's books for more information about the square of 144, you find that it was part of his setup with multiple indicators (technical and fundamental, and astrological). It is not a "one indicator" setup, so it's hard to say that you will find entries, exits, stop loss, and take profit in this. Still, it will help see trendiness, support, and resistance levels.
Mixing this with other indicators is probably a good idea, but some may find this indicator the only one needed.
Some aspects of the square
The end of the square is important, so where it starts is crucial. The end is important because it is where the price and time expire. The other parts of the square are defined based on their start and end, so placing them right is essential.
So, where to set the start of the square?
The last major low is the most indicated. The minimum price will be the lowest, and the max price will be the last major Top. Note that the indicator uses 1 candle on each point.
After finding the start, the minimum, and the maximum prices for the square, it will draw all lines. Another essential part of the square is The Midpoint.
The midpoint is the most crucial part of the square and is the best way to see if you positioned the square correctly. When the price is inside the square, using the starting candle as the start, a second higher low or a lower high occurs in that spot. When using the Vertical lines in the indicator, it's the middle square inside Gann's square.
The other divisions will be opposing each other most of the time. So if the price is rising in the 1/3 of the square, it's common to see the price fall in the 3/3 of the square.
More information about these aspects here
Considerations
This indicator was meant for price targets and a time calculator for possible support/resistances in the chart. It was created by William Delbert Gann and was part of his setup for trading almost a century ago. The lines will form geometric figures, which Gann used with high accuracy to predict tops/bottoms and when they would occur.
Copy/Paste LevelsCopy/Paste Levels allows levels to be pasted onto your chart from a properly formatted source.
This tool streamlines the process of adding lines to your chart, and sharing lines from your chart.
More than one ticker at a time!
This indicator will only draw lines on charts it has values for!
This means you can input levels for every ticker you need all at once, one time, and only be displayed the levels for the current chart you are looking at. When you switch tickers, the levels for that ticker will display. (Assuming you have levels entered for that ticker)
The formatting is as follows:
Ticker,Color,Style,Width,Lvl1,Lvl2,Lvl3;
Ticker - Any ticker on Tradingview can be used in the field
Color - Available colors are: Red,Orange,Yellow,Green,Blue,Purple,White,Black,Gray
Style - Available styles are: Solid,Dashed,Dotted
Width - This can be any negative integer, ex.(-1,-2,-3,-4,-5)
Lvls - These can be any positive number (decimals allowed)
Semi-Colons separate sections, each section contains enough information to create at least 1 line.
Each additional level added within the same section will have the same styling parameters as the other levels in the section.
Example:
2 solid lines colored red with a thickness of 2 on QQQ, 1 at $300 and 1 at $400.
QQQ,RED,SOLID,-2,300,400;
IMPORTANT MUST READ!!!
Remember to not include any spaces between commas and the entries in each field!
ex. ; QQQ, red, dotted, -1, 325; <- Wrong
ex. ;QQQ,red,dotted,-1,325;)<- Right
However,
All fields must be filled out, to use default values in the fields, insert a space between the commas.
ex. ;QQQ,red,dotted,,325; <- Wrong
ex. ;QQQ,red,dotted, ,325; <- Right
While spaces can not be included line breaks can!
I recommend for easier typing and viewing to include a line break for each new line (if changing styling or ticker)
Example:
2 solid lines, one red at $300, one green at $400, both default width. Written in a single line AND using multiple lines, both give the same output.
QQQ,red,solid, ,300;QQQ,green,solid, ,400;
or
QQQ,red,solid, ,300;
QQQ,green,solid, ,400;
In this following screenshot you can see more examples of different formatting variations.
The textbox contains exactly what is pasted into the settings input box.
As you can see, capitalization does not matter.
Default Values:
Color = optimal contrast color, If this field is filled in with a space it will display the optimal contrast color of the users background.
Style = solid
Width = -1
More Examples:
Multi-Ticker: drawing 3 lines at $300, all default values, on 3 different tickers
SPY, , , ,300;QQQ, , , ,300;AAPL, , , ,300
or
SPY, , , ,300;
QQQ, , , ,300;
AAPL, , , ,300
Multiple levels: There is no limit* to the number of levels that can be included within 1 section.
* only TV default line limit per indicator (500)
This will be 4 lines all with the same styling at different values on 2 separate tickers.
SPY,BLUE,SOLID,-2,100,200,300,400;QQQ,BLUE,SOLID,-2,100,200,300,400
or
SPY,BLUE,SOLID,-2,100,200,300,400;
QQQ,BLUE,SOLID,-2,100,200,300,400
Semi-colons must separate sections, but are not required at the beginning or end, it makes no difference if they are or are not added.
SPY,BLUE,SOLID,-2,100,200,300,400;
QQQ,BLUE,SOLID,-2,100,200,300,400
==
SPY,BLUE,SOLID,-2,100,200,300,400;
QQQ,BLUE,SOLID,-2,100,200,300,400;
==
;SPY,BLUE,SOLID,-2,100,200,300,400;
QQQ,BLUE,SOLID,-2,100,200,300,400;
All the above output the same results.
Hope this is helpful for people,
Enjoy!
Volume Profile and Volume Indicator by DGTVolume Profile (also known as Price by Volume) is an charting study that displays trading activity over a specified time period at specific price levels. It is plotted as a horizontal histogram on the finacial isntrumnet's chart that highlights the trader's interest at specific price levels.
The histogram is used by traders to predict areas of support and resistance. Price levels where the traded volume is high could be assumed as support and resistance levels.
Price may experience difficulty moving above or below areas with large bars. Usually there is a great deal of activity on both the buy and sell side and the market stays at that price level for a great deal of time
It is advised to use volume profile in conjunction with other forms of technical analysis to maximize the odds of success
Light version of Volume Profile is added to Price Action - Support & Resistance by DGT
EMA Levels, Multi-TimeframeThe exponential moving average (EMA) tracks price over time, giving more importance to recent price data than simple moving average (SMA). EMAs for larger timeframes are generally considered to be stronger supports/resistances for price to move through than smaller timeframes. This indicator allows you to specify two different EMA lengths that you want to track. Additionally, this indicator allows you to display not just the EMA levels of your currently viewed timeframe on the chart, but also shows the EMA levels of up to 4 different timeframes on the same chart. This allows you to quickly see if multiple EMA levels are aligning across different timeframes, which is an even stronger indication that price is going to meet support or resistance when it meets those levels on the chart. There are a lot of nice configuration options, like:
Ability to customize the EMA lengths you want to track
Style customization (color, thickness, size)
Hide any timeframes/levels you aren't interested in
Labels on the chart so you can tell which plots are the EMA levels
Optionally display the plot as a horizontal line if all you care about is the EMA level right now
Liquidity Levels [LuxAlgo]The Peak Activity Levels indicator displays support and resistance levels from prices accompanied by significant volume. The indicator includes a histogram returning the frequency of closing prices falling between two parallel levels, each bin shows the number of bullish candles within the levels.
1. Settings
Length: Lookback for the detection of volume peaks.
Number Of Levels: Determines the number of levels to display.
Levels Color Mode: Determines how the levels should be colored. "Relative" will color the levels based on their location relative to the current price. "Random" will apply a random color to each level. "Fixed" will use a single color for each level.
Levels Style: Style of the displayed levels. Styles include solid, dashed, and dotted.
1.1 Histogram
Show Histogram: Determines whether to display the histogram or not.
Histogram Window: Lookback period of the histogram calculation.
Bins Colors: Control the color of the histogram bins.
2. Usage
The indicator can be used to display ready-to-use support and resistance. These are constructed from peaks in volume. When a peak occurs, we take the price where this peak occurred and use it as the value for our level.
If one of the levels was previously tested, we can hypothesize that the level might be used as support/resistance in the future. Additional analysis using volume can be done in order to confirm a potential bounce.
The histogram can return various information to the user. It can show if the price stayed within two levels for a long time and if the price within two levels was mostly made of bullish or bearish candles.
In the chart above, we can see that over the most recent 200 bars (determined by Histogram Window) 68 closing prices fall between levels A and B, with 27 bars being bullish.
Additionally, the width of a bin and its length can sometimes give information about the volatility of a specific price variation. If a bin is very wide but short (a low number of closing prices fallen within the levels) then we can conclude a most of the movement was done on a short amount of time.
Auto Phivots S/R [DM]Greetings colleagues
Today I share the classic pivot points indicator
Added options:
Standard levels
Fibonacci levels "up to 261'8"
Logarithmic scale option
//Pivot Points Standard
//Pivot Points Standard — is a technical indicator that is used to determine the levels
//at which price may face support or resistance. The Pivot Points indicator consists of
//a pivot point (PP) level and several support (S) and resistance (R) levels.
//
//Calculation
//PP, resistance and support values are calculated in different ways, depending on
//the type of the indicator, specified by the Type field in indicator inputs. To
//calculate PP and support/resistance levels, the values OPENcurr, OPENprev, HIGHprev,
//LOWprev, CLOSEprev are used, which are the values of the current open and previous
//open, high, low and close, respectively, on the indicator resolution. The indicator
//resolution is set by the input of the Pivots Timeframe. If the Pivots Timeframe is set
//to AUTO (the default value), then the increased resolution is determined by the
//following algorithm:
//
//for intraday resolutions up to and including 15 min, DAY (1D) is used
//for intraday resolutions more than 15 min, WEEK (1W) is used
//for daily resolutions MONTH is used (1M)
//for weekly and monthly resolutions, 12-MONTH (12M) is used
MTF Key Levels - Support and ResistanceThis indicator shows how to Multi Time Frame (MTF) interpret levels:
Watch how price acts around these levels and how they can act as support/resistance and can be used as great confluence levels for your technical analysis.
This indicator displays:
VWAP Levels
Daily / Weekly / Monthly / Yearly
Within the chart above I have marked out how displaying these VWAP levels can provide support and resistance levels to be aware of.
Daily – Weekly - Monthly – Yearly Levels
O = Open / H = High / L = Low
pO = Previous Open / pH = Previous High / pL = Previous Low / pEQ = Previous Equlibrium
Having previous Low/High levels makes you aware of Swing Failure Patterns (SFP). Also the daily/weekly/monthly opening and previous opening can assist with the trend.
Daily Open: Gives you an idea who is in control for the day. This level very often acts as strong support or resistance.
Weekly Open: Indicates where the price is within the higher timeframe.
Monthly Open & Yearly Levels: Overview of direction for the whole month without looking at a monthly chart and Yearly chart
Line Options
Within the line options you can choose to have a clean chart and display a “short line”. These line length can be adjusted by the user.
Line just to the right.
Line across the screen.
Disclaimer: The Monthly and Yealy VWAP will only show on higher timeframes this is due to restriction of how many candles can be shown on the chart. The candles displayed need to go back to either the start of the month of year to be able to calculate their VWAPs.
SMA 200 Ribbon MTF - Support and ResistanceThe SMA 200 is one of the most important and strongest support/resistance lines on any timeframe. This script pulls the SMA 200 line from multiple timeframes so traders can visually see price action bounce between support and resistance . The current timeframes SMA 200 is displayed in white and turns yellow to signify "pressure". Can be used on higher timeframes to find bull action. This indicator can also be used to filter out pumps and dumps as shown in example 3 and 4.
Example of indicator on 5 min timeframe. Candles bounce along SMA200 lines.
Example of indicator on daily timeframe . Lines turn green and price action pumps. Lines turn red and price action dumps.
Example 3: A clean crossover of lines usually signals a bullish pump.
Example 4: Tangled or messy lines tend to result in a dump as price action struggles to cross resistance. A pullback is required to "clean" the lines.
EMA Band can be turned on using "tickbox" in settings menu.
[PX] Pivot ZonesHello everyone,
I was having some fun with the new gradient function, arrays and pivots. Decided that i would publish my little playground :)
This script basically draws lines or zones for detected pivot high and lows and counts the number of candles those levels have been untested.
Tested levels will stop at the candle, which breaks them.
How does it work?
- Define the number of candles that make up the pivot point with the "Pivot Left" and "Pivot Right" parameter (I took more extreme values to showcase the indicator).
- Select your "Layout Type": This can be either a line at the pivot point, a zone between the pivot point and its body or the average of the two.
- You can in-/decrease the number of lines with the "Number of Lines/Zones" parameter.
The older a line becomes the more it will lose of its original transparency.
Hope that might be useful to some of you :)
Please click the "Like"-button and follow me for future open-source script publications.
If you are looking for help with your custom PineScript development, don't hesitate to contact me directly here on Tradingview or through the link in my signature :)
[fikira] Bollinger Bands + Higher Time FramesHere is my take on BB and MTF, based on the most excellent work of
"PineCoders" (MTF Selection Framework functions)!
The big advantage is that on 1 image you can easily see where
price is compared to 5 or less BB Bands (each of different Time Frames).
This gives a lot of Support and Resistance area's!
Includes:
- 1 Bollinger Bands (can be enabled/disabled - "Bollinger Bands"
- 4 Bollinger Bands (each can be enabled/disabled - "HTF Selection 1-4")
Each BB has its colour (can be changed)
- Labels (Timeframe and price) can be enabled/disabled
- Labels position and size can be changed
...
5 MAs w. alerts [LucF]Is this gazillionth MA indicator worth an addition to the already crowded field of contenders? I say yes! This one shows up to 5 MAs and 6 different marker conditions that can be used to create alerts, among many other goodies.
Features
MAs can be darkened when they are falling.
MAs from another time frame can be displayed, with the option of smoothing them.
Markers can be filtered to Longs or Shorts only.
EMAs can be selected for either all or the two shortest MAs.
The background can be colored using any of the marker states except no. 3.
Markers are:
1. On crosses between any two user-defined MAs,
2. When price is above or below an MA,
3. On Quick Flips (a specific setup involving a cross, multiple MA states and increasing volume, when available),
4. When the difference between two MAs is within a % of its high/low historic values,
5. When an MA has been rising/falling for n bars,
6. When the difference between two MAs is greater than a multiple of ATR.
Some markers use similar visual cues, so distinguishing them will be a challenge if they are used concurrently.
Alerts
Alerts can be created on any combination of alerts. Only non-consecutive instances of markers 5 and 6 will trigger the alert condition. Make sure you are on the interval you want the alert to run at. Using the “Once Per Bar Close” trigger condition is usually the best option.
When an alert is created in TradingView, a snapshot of the indicator’s settings is saved with the alert, which then takes on a life of its own. That is why even though there is only one alert to choose from when you bring up the alert creation dialog box and choose “5 MAs”, that alert can be triggered from any number of conditions. You select those conditions by activating the markers you want the alert to trigger on before creating the alert. If you have selected multiple conditions, then it can be a good idea to record a reminder in the alert’s message field. When the alert triggers, you will need the indicator on the chart to figure out which one of your conditions triggered the alert, as there is currently no way to dynamically change the alert’s message field from within the script.
Background settings will not trigger alerts; only marker configurations.
Notes
MAs are just… averages. Trader lure would have them act as support and resistance levels. I’m not sure about that, and not the only one thinking along these lines. Adam Grimes has studied moving averages in quite a bit of detail. His numbers point to no evidence indicating they act as support/resistance, and to specific MA lengths not being more meaningful than others. His point of view is debated by some—not by me. Mean reversion does not entail that price stops when it reaches its MA; rather, it makes sense to me that price would often more or less oscillate around its MA, which entails the MA does not act as support/resistance. Aren’t the best mean reversion opportunities when price is furthest away from its MA? If so, it should be more profitable to identify these areas, which some of this indicator’s markers try to do.
I think MAs can be much more powerful when thought of as instruments we can use to situate price events in contexts of various resolutions, from the instantaneous to the big picture. Accordingly, I use the relative positions and slopes of MAs in both discretionary and automated trading; but never their purported ability to support/resist.
Regardless of how you use MAs, I hope you will find this indicator useful.
Biased References
The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies, Adam Grimes, 2012.
Does the 200 day moving average “work”?
Moving averages: digging deeper
MIDAS VWAP Jayy his is just a bash together of two MIDAS VWAP scripts particularly AkifTokuz and drshoe.
I added the ability to show more MIDAS curves from the same script.
The algorithm primarily uses the "n" number but the date can be used for the 8th VWAP
I have not converted the script to version 3.
To find bar number go into "Chart Properties" select " "background" then select Indicator Titles and "Indicator values". When you place your cursor over a bar the first number you see adjacent to the script title is the bar number. Put that in the dialogue box midline is MIDAS VWAP . The resistance is a MIDAS VWAP using bar highs. The resistance is MIDAS VWAP using bar lows.
In most case using N will suffice. However, if you are flipping around charts inputting a specific date can be handy. In this way, you can compare the same point in time across multiple instruments eg first trading day of the year or an election date.
Adding dates into the dialogue box is a bit cumbersome so in this version, it is enabled for only one curve. I have called it VWAP and it follows the typical VWAP algorithm. (Does that make a difference? Read below re my opinion on the Difference between MIDAS VWAP and VWAP ).
I have added the ability to start from the bottom or top of the initiating bar.
In theory in a probable uptrend pick a low of a bar for a low pivot and start the MIDAS VWAP there using the support.
For a downtrend use the high pivot bar and select resistance. The way to see is to play with these values.
Difference between MIDAS VWAP and the regular VWAP
MIDAS itself as described by Levine uses a time anchored On-Balance Volume (OBV) plotted on a graph where the horizontal (abscissa) arm of the graph is cumulative volume not time. He called his VWAP curves Support/Resistance VWAP or S/R curves. These S/R curves are often referred to as "MIDAS curves".
These are the main components of the MIDAS chart. A third algorithm called the Top-Bottom Finder was also described. (Separate script).
Additional tools have been described in "MIDAS_Technical_Analysis"
Midas Technical Analysis: A VWAP Approach to Trading and Investing in Today’s Markets by Andrew Coles, David G. Hawkins
Copyright © 2011 by Andrew Coles and David G. Hawkins.
Denoting the different way in which Levine approached the calculation.
The difference between "MIDAS" VWAP and VWAP is, in my opinion, much ado about nothing. The algorithms generate identical curves albeit the MIDAS algorithm launches the curve one bar later than the VWAP algorithm which can be a pain in the neck. All of the algorithms that I looked at on Tradingview step back one bar in time to initiate the MIDAS curve. As such the plotted curves are identical to traditional VWAP assuming the initiation is from the candle/bar midpoint.
How did Levine intend the curves to be drawn?
On a reversal, he suggested the initiation of the Support and Resistance VVWAP (S/R curve) to be started after a reversal.
It is clear in his examples this happens occasionally but in many cases he initiates the so-called MIDAS S/R VWAP right at the reversal point. In any case, the algorithm is problematic if you wish to start a curve on the first bar of an IPO .
You will get nothing. That is a pain. Also in Levine's writings, he describes simply clicking on the point where a
S/R VWAP is to be drawn from. As such, the generally accepted method of initiating the curve at N-1 is a practical and sensible method. The only issue is that you cannot draw the curve from the first bar on any security, as mentioned without resorting to the typical VWAP algorithm. There is another difference. VWAP is launched from the middle of the bar (as per AlphaTrends), You can also launch from the top of the bar or the bottom (or anywhere for that matter). The calculation proceeds using the top or bottom for each new bar.
The potential applications are discussed in the MIDAS Technical Analysis book.
Swing High Low Detector + 4 EMA (buy Coi)Indicator Name: Swing High-Low Detector (Close-Confirmed) & 4 EMA Cross
Key Features:
Confirmed Swing Points: Identifies technical Swing Highs and Lows based on a user-defined strength (default: 5 bars). Unlike standard indicators, it requires a "Close Confirmation":
Swing High: The 5th bar after the peak must close below the peak bar's close.
Swing Low: The 5th bar after the valley must close above the valley bar's close.
Dynamic Support/Resistance: Automatically draws horizontal lines from swing points. Current active levels are thick/solid, while historical levels are thin/dotted.
Liquidity Sweep Option: Optional setting to automatically delete past levels once price breaks through them (sweeping liquidity).
4-EMA Trend Filter: Includes 8, 13, 21, and 55 EMAs.
Crossover Signals: Generates "B" (Buy) and "S" (Sell) labels when the shorter EMAs (8, 13, 21) cross above or below the 55 EMA baseline.
Nested SMA WaveThe "Nested SMA Wave" is a custom Pine Script (v5) indicator for TradingView that overlays a series of 8 Simple Moving Averages (SMAs) on the price chart. These SMAs use exponentially increasing lengths based on powers of 2, starting from a user-defined base length (default: 25). This creates lengths like 25, 50, 100, 200, 400, 800, 1600, and 3200.
Each SMA is plotted in a distinct color, forming a "wave" of nested lines that fan out from short-term (faster, more responsive) to long-term (slower, smoother). Semi-transparent colored fills (shaded zones) are added between consecutive SMAs, with customizable toggles and transparency levels, creating layered visual bands that highlight the spaces between different trend timescales.
Use Cases
Multi-Timeframe Trend Visualization: The power-of-2 nesting approximates higher timeframe trends on lower timeframes without switching charts. Shorter SMAs react quickly to price changes, while longer ones show major trends, helping identify overall market structure at a glance.
Support/Resistance Identification: Price interacting with the SMA lines or shaded zones can act as dynamic support/resistance. Crossovers between nested SMAs signal potential momentum shifts.
Trend Strength and Alignment: When SMAs are widely spaced and aligned (e.g., all sloping up), it indicates strong trends. Converging or crossing SMAs suggest consolidation or reversals. The shaded zones add depth, making expansions/contractions in volatility or trend power visually obvious.
Ribbon-Style Trading: Similar to moving average ribbons, traders can look for price pulling back to inner zones for entries in the direction of the broader "wave," or use zone breaks for signals.
Customization for Different Assets/Timeframes: Adjust the base length (e.g., smaller for crypto volatility, larger for stocks) and toggle shades to reduce clutter.
This creates a visually rich, rainbow-like overlay that's particularly useful for trend-following strategies on any chart.
VPH - Volume Profile Heatmap (Visible Prices) [Da_Prof]The Volume Profile Heatmap (VPH) indicator is a dynamic volume visualization tool. Unlike traditional Volume Profiles that aggregate all historical data within a range, VPH focuses on recent price action. Specifically, it only considers the volume of the most recent time price touched a level. Additionally, it displays the volume as a heatmap where color intensity directly translates to volume density at specific price levels (as a percentage of the volume range).
What makes the VPH different than other volume profile indicators is its exclusion logic. If a high-volume node was created in the past, but the price has since crossed back through that level, the indicator disregards the previous volume. Therefore, it prioritizes the most recent market participants at any given price level. This is particularly useful for identifying:
1) Fresh Support/Resistance: Levels where volume has accumulated recently without being invalidated by a price cross-through.
2) Real-time Liquidity: Seeing exactly where the supply and demand reside in the current market structure in terms of volume transacted for the particular asset.
Main Features:
1) Dynamic Heatmap: Uses a multi-stage blue color gradient to represent volume intensity. Brighter, more vibrant cyan indicates high-volume nodes, while deep blues represent lower-activity zones. These default colors are best viewed on a black background. The colors can be customized through the settings.
2) Visible Range Scaling: The indicator automatically calculates the High and Low of your current screen view and adjusts the heatmap rows to fit perfectly within your visible window. Note: Ensure the indicator is pinned to the appropriate scale (likely the right scale). If the profile appears to not move when moving the chart, right click on the indicator and select the "pin to scale" to pin it to the appropriate scale.
3) Adjustable Resolution: Use the Number of Profile Bars input to increase the "granularity" of the heatmap (up to 400 rows).
4) Volume Thresholding: The Minimum Volume to Plot setting allows you to filter out "noise," showing only the price levels where significant market commitment occurred. The default is set at 50% of the range maximum.
How to use:
1) Identify high volume nodes: Look for the brightest cyan boxes. These represent price levels where the most recent heavy trading occurred. These areas are more likely to create a price reaction.
2) Spot thinly traded areas: Darker or empty areas indicate "low volume Nodes," where price moved quickly through. These often act as "vacuum" zones where price might travel through rapidly in the future.
3) Scroll & zoom to get the exact window of price action: The indicator is fully reactive. As you move your chart, it recalculates the heatmap based on the visible bars to provide a localized view of the current auction. This allows back testing of the indicator without using the "Replay" feature. Just put the historical price action you are interested in on your screen and the indicator will calculate the volume profile.
Ultimate Lines Statistical Backtest @MaxMaseratiUltimate lines (MAs/MACD/VWAP,DWA etc..) Statistical Backtest
This is a comprehensive statistical backtesting tool that allows traders to objectively measure the performance of 27+ different trading lines across multiple timeframes and sessions. Instead of guessing which moving averages, VWAPs, or volume levels actually work for your trading style, this indicator provides hard data showing exactly how price behaves around each line at specific times of day.
The indicator solves a critical problem: most lines create whipsaws in choppy markets, but knowing which lines have the highest continuation rates vs reversal rates at specific session times helps you avoid false signals and focus on setups with proven statistical edges.
🎯 LINES YOU CAN TEST
MMM Core Lines:
Mid MA: Trend velocity tracker using simple moving average
MMPD Line: Premium/Discount change-of-direction indicator
Fair Value Golden Ratio: 0.618 equilibrium level between premium and discount zones
Volume-Based Lines:
VWAP Daily/Weekly: Volume-weighted average price (daily and weekly sessions)
Volume POC Multi-TF: Multi-timeframe Point of Control (highest volume price level)
Volume POC Weekly: Weekly momentum pivot based on volume distribution
Range Midpoints:
Range Midpoint 50: 50-period high/low midpoint
Range Midpoint 14 TF1/TF2: Configurable timeframe range midpoints with smoothing options
Moving Averages (10 MA Types):
MACD Fast (12) / Signal (26): Standard MACD moving averages
Fast MA 20 / Mid MA 50 / Slow MA 200: Classic trend-following averages
Available MA Types: SMA, EMA, WMA, HMA, DEMA, TEMA, LSMA, KAMA, ALMA, VWMA
Volatility Indicators:
MVM Upper/Lower Bands: Momentum-based volatility bands with adaptive option
HVC Bullish/Bearish: High Volume Candle support/resistance levels
Ultimate Suite Advanced Lines:
DWAP (Delta Weighted Average Price): Directional volume-weighted price with upper/lower bands
HVN (High Volume Node): High-frequency trading node detection
Hybrid Line: Volume-weighted momentum composite
Trend Filter: Two-pole smoothing filter for trend clarity
STL Lines:
iBuSTL / iBeSTL: Internal Bullish/Bearish Structural Trend Liquidity levels
⚙️ HOW TO TEST
Select Lines: Check the boxes for lines you want to analyze (Mid MA, VWAP Daily, Volume POC, etc.)
Choose Times: Enable tracking for specific session times (default: 8:30 AM, 9:30 AM, 10:00 AM, Daily Close - EST)
Set Lookback: Choose how many days of historical data to analyze (default: 60 days)
Enable Pattern Analysis: Turn on "Enable Pattern Analysis" in settings
Wait for Data: The indicator needs 20 bars after each signal time to complete analysis
Review Statistics: Check the statistics table for detailed breakdowns
📈 STATISTICS EXPLAINED
For Each Tracked Time, You'll See:
🟢 Above Selected Lines (X samples):
Continued↑: Price stayed above the lines = bullish continuation
Reversed↓: Price broke below the lines = reversal/rejection
→Kept Going↓: After reversing down, price continued lower (bars 11-20)
→Stalled: After reversing down, price came back up (consolidation)
Neutral: Price didn't make a clear move either way
🔴 Below Selected Lines (X samples):
Continued↓: Price stayed below the lines = bearish continuation
Reversed↑: Price broke above the lines = reversal/support bounce
→Kept Going↑: After reversing up, price continued higher (bars 11-20)
→Stalled: After reversing up, price came back down (consolidation)
Neutral: No clear directional move
⭐ Star Ratings: Show which outcome happens most frequently (best probability)
🔬 HYBRID DETECTION SYSTEM (ADVANCED)
When enabled, the indicator uses a multi-signal composite scoring system that goes beyond simple percentage movements:
Signal A - % Movement Direction (40% weight):
Measures the strength and direction of price movement. Strong directional moves (>0.8%) score higher, while opposite-direction moves score negatively.
Signal B - Inside Candles (30% weight):
Detects true consolidation by counting how many candles close within a defined range. High inside-candle counts indicate choppy, stalled price action rather than clean continuation.
Signal C - Successive Closes (30% weight):
Tracks momentum persistence by counting consecutive closes in the expected direction. Long streaks (6+ bars) indicate strong follow-through, while breaks in the sequence suggest weakness.
Composite Score Classification:
⭐⭐⭐ Strong (75-100 points): All three signals align - high-confidence pattern
⭐⭐ Moderate (50-75 points): Two signals agree - reliable pattern
⭐ Weak (25-50 points): Mixed signals - lower confidence
⚠️ Strong Stalled (0-25 points): Signals show consolidation/reversal
This provides nuanced pattern detection that identifies not just IF a pattern succeeded, but HOW STRONGLY it performed.
💡 INTERPRETING RESULTS
Good Lines Show:
High continuation % when price is above/below (>60% is strong)
Clean "Kept Going" patterns after reversals (>50% indicates reliable rejection)
Low stalled % (less whipsaw/consolidation)
Consistent patterns across multiple times (validates the line's reliability)
Poor Lines Show:
50/50 continuation vs reversal (coin flip = no edge)
High stalled % (lots of whipsaw/false signals)
Inconsistent patterns across different times (unreliable)
Example Interpretation:
9:30 AM - VWAP Daily (120 samples)
🟢 Above:
Continued↑ 75 (62.5%) ⭐ BEST
Reversed↓ 30 (25.0%)
Meaning: When price is above VWAP Daily at 9:30 AM, it continues higher 62.5% of the time - this is a statistically strong bullish signal for that session time.
🎯 PRACTICAL VALUE
Solves the Whipsaw Problem:
Most moving averages and lines work beautifully in trending markets but create endless false signals in choppy, range-bound conditions. By analyzing specific session times and continuation vs reversal patterns, you can:
Identify high-probability setups: Focus on lines that show >60% continuation at your preferred trading times
Avoid weak signals: Skip lines with high stall rates or 50/50 outcomes
Time your entries better: Know which session times produce the cleanest patterns
Combine complementary lines: Stack multiple high-scoring lines for confluence
Adapt to market conditions: Switch to different lines when market structure changes
Real-World Application:
Instead of blindly trading VWAP crosses or MA bounces, you'll have objective data showing: "At 9:30 AM on ES, when price is above Mid MA + VWAP Daily + Volume POC, it continues higher 68% of the time with strong momentum (⭐⭐⭐)." This transforms discretionary guesswork into data-driven decision making.
⚙️ LINE DEFINITIONS
Moving Averages: Smooth price data over X periods to identify trend direction and dynamic support/resistance.
VWAP: Anchored average price weighted by volume - institutional traders' benchmark for "fair value."
Volume POC (Point of Control): Price level with the most traded volume - represents maximum market acceptance.
Fair Value Golden Ratio: Fibonacci 0.618 level between recent premium (high) and discount (low) - equilibrium zone.
DWAP (Delta Weighted): Price average weighted by buying vs selling volume delta - shows directional money flow.
Range Midpoints: Geometric center of recent high/low range - mean reversion pivot.
Volatility Bands: Envelope around momentum lines showing normal price deviation ranges.
HVN (High Volume Node): Automated detection of high-volume price clusters - institutional accumulation/distribution zones.
Note: This indicator is purely for statistical analysis and backtesting. It does not generate trade signals or provide entry/exit recommendations. Use the statistics to inform your own trading decisions and strategy development.
Futures Psychological Levels PROFutures Psychological Levels PRO – Professional Usage Guide
Indicator Overview
This elite psychological levels tool dynamically plots the most institutionally relevant round-number clusters across futures markets (ES, NQ, YM, CL, GC, SI, BTC, and custom instruments). It separates levels into three hierarchical tiers — Major, Tradable, and Sniper — while intelligently filtering distant levels using an ATR-based proximity engine. The result is a clean, adaptive overlay that scales perfectly from scalping precision on 1-minute charts to big-picture context on daily/weekly timeframes.
Core Philosophy
Psychological levels are where order flow clusters: stops, limits, and institutional positioning accumulate around round numbers. This indicator turns static round numbers into a dynamic decision framework by:
Prioritizing confluence zones
Reducing clutter in ranging or low-volatility environments
Highlighting only price-relevant levels in real time
Key Features
Instrument Presets – One-click optimized spacing for major futures contracts
Three-Tier Hierarchy – Major (institutional anchors), Tradable (active defense zones), Sniper (precise entry/exit triggers)
ATR Proximity Filter – Automatically hides irrelevant distant levels
Zones or Lines – Visual magnet areas or clean horizontal lines
Price Labels & Summary Table – Instant reference for next major levels above/below
Full Customization – Colors, thickness, styles, and manual overrides
How to Best Use This Indicator (Professional Workflow)
Select the Correct Instrument Preset
Start with the built-in preset matching your chart (e.g., "ES (S&P 500)" for /ES or MES). This instantly applies battle-tested increments. Use "Custom" only for non-standard assets (forex pairs, micros with different tick values, or crypto alts).
Match Settings to Your Trading Style & Timeframe
Reading the Levels – Decision Framework
Major Levels (thick red by default): Highest probability reaction zones. Expect strong reversals, breakouts with volume, or liquidity sweeps. Treat as primary support/resistance.
Tradable Levels (orange): Active trader defense zones. Excellent for limit order placement, partial profit taking, or fading weak moves.
Sniper Levels (thin gray): Precision entries/exits, stop runs, and scalping targets. Confluence with order blocks or volume profile nodes dramatically increases edge.
Trade Setup Examples
Rejection Play: Price approaches a Major level from below → long wick rejection + close back inside → enter in direction of rejection with stop beyond wick extremity.
Break & Retest: Clean breakout through Tradable/Major → retest as new support/resistance → enter on confirmation candle.
Liquidity Sweep: Price briefly breaches Sniper/Major (stop hunt) → rapid reclaim → aggressive counter-trend entry.
Confluence Boost: When a level aligns with daily/weekly open, VWAP, or prior high/low volume node → dramatically increase position size or conviction.
Risk Management Integration
Always place stops just beyond the next logical level (typically a Sniper or Tradable beyond your entry zone). Use the summary table to quickly identify invalidation points. Target the next level in the direction of your bias for minimum 1:2 risk-reward (often 1:3–1:5 achievable at Major levels).
Pro Optimization Tips
High-volatility sessions (NY open, FOMC, NFP): Increase ATR Multiplier slightly to avoid excessive clutter.
Low-volatility Asian/range sessions: Decrease ATR Multiplier for tighter precision.
Combine with Volume Profile (Fixed Range or Session) to confirm high-volume nodes at psych levels.
Pair with anchored/session VWAP for additional confluence layers.
On higher timeframes, disable Sniper levels and zones entirely for minimalist structural analysis.
Important Disclaimer
This indicator is a professional decision-support tool, not a standalone trading system. All trading involves substantial risk of loss. Past performance is not indicative of future results. Always conduct your own analysis, manage risk appropriately, and consider your financial situation before placing trades.
Mastering psychological levels is one of the highest-edge concepts in institutional trading. Used correctly, this indicator gives you the same reference framework that prop desks and market makers watch every day. Trade smart, stay disciplined, and let price action at these levels guide your executions.
Market State Intelligence [Interakktive]Market State Intelligence (MSI) is a diagnostic market-context indicator that reveals how the market is behaving — not where price "should" go.
MSI does not generate buy/sell signals. Instead, it classifies market conditions into clear behavioural regimes by continuously measuring:
- DRIVE (directional effort)
- OPPOSITION (absorption / resistance)
- STABILITY (structural persistence)
MSI is designed to answer three practical questions:
- What state is the market in right now?
- Is energy building, releasing, or decaying?
- Is participation aligned with price, or opposing it?
█ WHAT MSI DOES
MSI operates as a real-time regime classification engine that processes each closed bar through three independent measurement systems:
DRIVE — Directional Effort (0–100)
- Displacement efficiency (net progress vs total path)
- Range expansion quality (actual range vs expected ATR range)
- Body dominance (body vs candle range)
OPPOSITION — Absorption / Resistance (0–100)
- Wick pressure (rejection relative to attempt)
- Effort–result gap (high effort, low progress)
- Reversal density (counter-moves frequency)
STABILITY — Persistence (0–100)
- Condition persistence (how long conditions hold)
- Variance score (flip frequency)
- Follow-through consistency (reaction continuity)
These three forces feed a deterministic classifier with hysteresis (anti-flicker) to identify five regimes:
COMPRESSION — low drive, low opposition, higher stability (pressure building, direction unclear)
EXPANSION — high drive, low opposition (directional energy release)
TREND — medium-high drive, higher stability, low-medium opposition (healthy continuation)
DISTRIBUTION — medium drive, high opposition (effort absorbed; progress blocked)
TRANSITION — rapidly rising opposition, low stability (regime breakdown / uncertainty)
█ WHAT MSI DOES NOT DO
- No buy/sell signals, entries/exits, or performance claims
- No prediction of future direction
- No repainting: calculations use closed-bar data only
MSI is a market state layer intended to support your execution framework.
█ VISUAL SYSTEM
MSI uses a layered visual grammar designed to remain readable on live charts:
Regime Ribbon
A thin horizontal band showing the current regime via colour. Ribbon opacity reflects regime confidence (stronger confidence = more visible).
Pressure Envelope (core visual)
A soft corridor around price that expands with Drive and becomes more visible as Opposition increases. This visualises "pressure thickness" around current action (not a volatility band for entries).
Structural Memory
Faint background stains appear where regimes previously failed (e.g., expansion collapsing into absorption). These are behavioural context zones showing where market intention was rejected — not support/resistance.
Regime Change Markers (optional)
Subtle labels appear when regimes transition after confirmation. Useful for replay and education.
Effort Halo (optional)
Candle highlighting when Opposition materially exceeds Drive, indicating absorption/inefficiency.
█ HUD PANEL
The HUD displays:
- Current regime name + colour indicator
- A context gate showing whether conditions are aligned with long-bias or short-bias context (not an entry/exit system)
█ REGIME LEGEND
When enabled, displays:
- A one-line definition of the current regime
- Live Drive / Opposition / Stability values for interpretation
█ TIME-TO-DECISION METER
A visual pressure gauge that tends to fill during Compression (energy building) and drain during Expansion (energy releasing). It is a state-tracking meter, not a timing tool.
█ SETTINGS
MSI — Settings
- Preset Mode: Scalper / Swing / Position
- Analysis Mode (Minimal): ON = subtle visuals, OFF = full intensity
- Regime Ribbon, Structural Memory, HUD Panel, Time-to-Decision Meter, Effort Halo
MSI — Visual Options
- Show Regime Changes: Labels when regime transitions occur
- Show Regime Legend: Definition and live values display
- Panel Position: Move the entire panel anywhere on chart
MSI — Advanced (Tuning)
- Sensitivity (0.5–2.0)
- Smoothing (0.5–2.0)
- Memory Decay (0.5–2.0)
- Visual Intensity (Low / Medium / High)
█ PRESETS EXPLAINED
Scalper
Higher sensitivity + lower smoothing + faster memory decay. Best for 1m–15m monitoring.
Swing (default)
Balanced behaviour. Best for 15m–4H analysis.
Position
Lower sensitivity + higher smoothing + slower memory decay. Best for 4H–1D macro context.
█ STRUCTURAL MEMORY
When a regime fails (example: Expansion → Distribution), MSI creates a memory imprint:
- Fixed stain window (preset dependent)
- Strength decays over time
- Limited to a maximum number of imprints to reduce chart clutter
These zones represent behavioural rejection, not levels.
█ SUITABLE MARKETS
MSI is designed for Forex, Crypto, Indices, Stocks, and Commodities.
Works from intraday to Daily, with particularly strong readability on 15m–4H.
█ DISCLAIMER
This indicator is for educational and informational purposes only. It does not constitute financial advice, trading recommendations, or solicitation. Trading involves substantial risk. Always use proper risk management and make independent decisions.
Round Level Pro Stats
Here is a professional English description of your indicator, which you can use for your own records or if you ever want to share it on the TradingView Community Scripts:
Indicator Name: Dynamic Round Levels & Historical Strength Grid
Overview
This indicator is a sophisticated technical analysis tool designed to identify and evaluate "Round Number" psychological levels (e.g., 1.17100, 1.17200, 1.17300). Unlike a static grid, this tool actively scans historical data to provide a "Strength Score" for each level, helping traders distinguish between minor price points and significant historical reaction zones.
Key Features
Automated Price Grid: Generates a clean, horizontal grid based on user-defined price intervals (Steps). Perfect for Forex (0.001 pips), Stocks, or Crypto.
Historical Strength Engine: Analyzes up to 5,000 historical bars to calculate how "respected" a price level is.
The "3-Candle Confirmation" Logic: A level's strength is only increased if the price touches the line and successfully reverses/bounces, staying on the same side for at least 3 subsequent candles.
Smart Visual Coding:
Green (High Strength): Levels with >60% historical reversal success.
Orange (Medium Strength): Levels with 35%–60% success.
Red (Low Strength): Levels frequently breached without reaction.
Pro HUD Display: Bold percentage labels are positioned at the far right of the chart (near the price scale) to keep the main trading area clutter-free.
How to Use
Set your Step: For Forex, use 0.001 to see 10-pip increments. For Bitcoin or Gold, use 10 or 100.
Lookback Period: Adjust the history scan (up to 5,000 bars) to match your trading timeframe.
Identify Support/Resistance: Look for Green % STR labels. These represent "Round Numbers" that have acted as strong barriers in the past, offering higher-probability entry or exit points.
Technical Summary for Pine Script
Language: Pine Script v5
Max Lines/Labels: 500 (Optimized for performance)
Placement: Far-right margin alignment using bar_index offsets.
Order Flow: Structural Sniper [Profile + Signals]Overview
This script is a comprehensive tool designed to bridge the gap between Market Structure and Order Flow analysis. It aims to eliminate the subjectivity of static support and resistance lines by focusing on dynamic liquidity and the behavior of aggressive versus passive market participants.
Unlike traditional indicators that plot static data, the Structural Delta Map dynamically anchors its analysis to the start of the current trend (Pivots), providing a clear "X-Ray" view of how volume was distributed during the current price swing.
How it Works
The indicator combines three distinct technical concepts into a single system:
1. Market Structure (Pivots):
It uses a pivot detection algorithm to identify significant Swing Highs and Swing Lows. This determines the market bias and anchors the analysis to the origin of the movement.
2. Anchored VWAP (Fair Price):
It automatically calculates the Volume Weighted Average Price (VWAP) starting from the last confirmed pivot. This yellow line acts as the "spine" of the trend, serving as dynamic institutional support/resistance.
3. Delta Profile & Heatmap:
A Volume Profile is plotted on the left side, anchored to the pivot.
Split Delta: Instead of a single color, bars are split into Green (Buying Volume) and Red (Selling Volume) based on price action estimation.
Heatmap Logic: The opacity of the bars adjusts automatically. Bright/Solid bars represent High Volume Nodes (HVN), while transparent bars represent Low Volume Nodes (LVN) or liquidity voids.
How to Use (Strategy)
The indicator provides both visual context and specific entry signals:
1. Visual Context:
Profile: Look for reactions at bright, wide bars (High Volume Nodes). These act as magnets or barriers.
Yellow Line (VWAP): In an uptrend, look for buy opportunities when price retraces to this line. In a downtrend, look for shorts on the retest.
2. Aggression Signals (Triangle "AGR"):
Type: Trend Continuation / Pullback.
Logic: Triggers when price retraces to the structural value zone (near VWAP), rejects it with higher-than-average volume, and closes in the direction of the trend.
3. Absorption Signals (Cross "ABS"):
Type: Reversal / Trap.
Logic:
Bullish Absorption: Price makes a new local low with high volume (selling pressure), but the candle closes bullish (leaving a long bottom wick). Passive buyers absorbed the aggression.
Bearish Absorption: Price makes a new local high with high volume, but closes bearish. Passive sellers absorbed the buying pressure.
Settings
Pivot Sensitivity: Adjusts how the script detects trend changes.
Profile Resolution: Controls the number of rows in the histogram.
Signal Filters: Enable/Disable signals and adjust the Volume Multiplier threshold.
Technical Disclaimer
This indicator estimates "Delta" (Buy vs. Sell volume) based on OHLC price action and bar volume, as Pine Script does not grant access to historical tick-by-tick data. While this approximation is highly effective for identifying aggression and absorption, it differs slightly from Level 2 footprint data found on platforms like Sierra Chart. Accuracy depends on the volume data provided by your exchange.
TCT OBIF Detector█ OVERVIEW
The OBIF (Order Block Imbalance Fill) indicator automatically detects and visualizes high-probability trading zones by combining two powerful Smart Money Concepts: Order Blocks and Fair Value Gaps (FVGs).
An OBIF occurs when an Order Block forms immediately before a Fair Value Gap, creating a zone of institutional interest that price often revisits before continuing its move.
█ CONCEPTS
Order Block (OB)
An Order Block is the last opposing candle before a strong directional move. It represents an area where institutional traders likely placed orders.
- Bullish OB: Last bearish candle before an up-move
- Bearish OB: Last bullish candle before a down-move
Fair Value Gap (FVG)
An FVG is a price imbalance created when a candle's body completely gaps past the previous candle's range, leaving an unfilled area.
- Bullish FVG: Gap up where candle .low > candle .high
- Bearish FVG: Gap down where candle .high < candle .low
OBIF Zone
When an Order Block directly precedes an FVG, it creates an OBIF - a confluence zone with higher probability of acting as support/resistance.
█ HOW TO USE
1. Identify the Trend
Use OBIFs in the direction of the higher timeframe trend for best results.
2. Wait for Price to Return
OBIFs act as magnets - price often returns to fill the imbalance and test the order block.
3. Look for Confirmation
When price enters an OBIF zone, look for:
- Rejection wicks
- Engulfing patterns
- Break of structure on lower timeframes
4. Mitigation
Once price fully trades through the OBIF (touches the opposite edge), the zone is considered mitigated and loses its significance.
█ FEATURES
- Automatic Detection — Identifies OBIFs in real-time as they form
- Visual Zones — Clean, non-intrusive boxes that don't obscure price action
- Mitigation Tracking — Zones automatically update when price mitigates them
- Multi-Timeframe Friendly — Works on any timeframe from 1m to Monthly
- Customizable — Adjust colors, opacity, and display preferences
█ SETTINGS
- Lookback Window — How many candles back to search for the Order Block (default: 3)
- Show Bullish/Bearish — Toggle visibility of each type
- Show Mitigated — Display zones that have been mitigated (shown in gray)
- Fill Opacity — Adjust zone transparency (higher = more see-through)
- Border Width — Thickness of zone borders
█ BEST PRACTICES
✓ Use on higher timeframes (1H+) for more reliable zones
✓ Combine with market structure analysis
✓ Look for OBIFs at key support/resistance levels
✓ Use lower timeframe confirmation for entries
✗ Don't trade every OBIF blindly
✗ Avoid OBIFs against the dominant trend
█ CREDITS
The Composite Trader (TCT) methodologies.
Accumulation And Distribution Zones (Zeiierman)█ Overview
Accumulation And Distribution Zones (Zeiierman) is a structural zone indicator that highlights where the market has recently been absorbing sell pressure (Accumulation) or releasing buy pressure (Distribution).
The indicator tracks a refined sequence of swing highs and lows and measures how these swings tighten, expand, or step directionally. When they form staircase-style structures such as higher lows with compressing highs for Accumulation or lower highs with compressing lows for Distribution, the script marks these areas as shifts in market control.
Once the full pattern completes, the indicator converts it into an Accumulation or Distribution zone. Each zone is based on a confirmed structural sequence rather than a single point, making it more reliable and reflective of actual market behavior.
The indicator can also display a mini-volume profile within each zone and extend POC levels forward, showing where trading activity clustered most. Combined, these features reveal areas where price has recently shown acceptance, absorption, or rejection, helping you understand whether current price action is reacting to, breaking from, or retesting these important structural regions.
█ How It Works
⚪ Swing Structure
The indicator builds its foundation by detecting swing highs and lows using a configurable Swing Detection Window. Each confirmed swing is stored with its price, time, bar index, and direction. If two consecutive swings share the same direction, only the more extreme one is kept. This produces a clean structural sequence that removes noise and keeps only meaningful turning points.
⚪ Accumulation vs Distribution Pattern Logic
Using the refined swing sequence, the script looks for staircase-style formations that signal shifts in control:
Accumulation (bottoming): higher lows combined with compressing highs.
Distribution (topping): lower highs combined with compressing lows.
Two detection modes are available:
Quick for compact 4-swing formations
Slow for broader 6-swing structures
When a full structural pattern completes, the indicator marks the zone and resets the swing buffer for the next formation.
⚪ Volume Profile Construction
The price range between the zone’s upper and lower boundary is divided into several Rows. For every bar within the zone’s swing range, the bar’s volume is added to the appropriate price row.
Volume is classified as:
Bullish volume when close > open
Bearish volume when close < open
Each row is drawn as two horizontal segments (bull and bear), colored with smooth gradients based on your bull/bear color settings. This creates a compact profile that reveals where trading activity is concentrated inside the zone and whether buyers or sellers dominate those price levels.
█ How to Use
The indicator is designed to provide context and confluence, not raw buy/sell signals.
⚪ Spot Fresh Accumulation & Distribution
Use newly printed zones as a map of where the market has recently:
Absorbed selling and formed a floor (Accumulation below price).
Absorbed buying and formed a cap (Distribution above price).
In a trending environment, fresh accumulation zones below price are often areas to watch for pullbacks, while distribution zones above price can act as sell zones or targets.
⚪ Volume Profile
Longer horizontal bars show where the market traded the most volume inside the zone.
Bull-leaning rows inside an accumulation zone often signal strong buying interest during the formation.
Bear-leaning rows inside a distribution zone highlight concentrated selling pressure.
By combining this volume distribution with the zone label and the broader trend context, you can judge whether the structure is more likely to hold, break, or retest as the price approaches it again.
⚪ POC (Point of Control) Trading
Extended POC zones (Regular or Faded) can be treated as dynamic support/resistance rails:
When price revisits a prior accumulation POC and rejects it from above, the level may act as support. When price retests a distribution POC from below and fails to break through, it can act as resistance.
⚪ Combine with Your Own Strategy
The script does not decide direction for you. You get the most value by combining it with:
Your own trend filters (moving averages, higher timeframe structure, volatility measures).
Your preferred entry models (reversal candles, momentum breaks, liquidity grabs, etc.).
Higher-timeframe mapping.
Think of this tool as a map of where the market did meaningful business. You decide how to trade around those areas.
█ Settings
Acc/Dist Ranges – Master switch for drawing all Accumulation and Distribution zones. Turn this off to temporarily hide boxes while leaving supporting logic active.
Pattern – Shows or hides the swing-based pattern outline that formed each zone. Good for structural debugging and education.
Pattern Sensitivity
Quick – more responsive, detects smaller compact structures.
Slow – stricter, focuses on wider and more established zones.
Swing Detection Window – Pivot width used to confirm swing highs and lows. Larger values filter noise and produce bigger zones; smaller values pick up more minor structures.
Volume Profile – Enables the embedded volume profile inside each zone.
Rows – Number of price slices used to aggregate volume in the zone. Higher values give more detail but increase visual density.
Switch Order – Flips the horizontal order of bull vs bear volume segments within each row.
Extend Zones – Behaviour of POC and zone extension:
None – No forward extension.
Faded Zones – Store and draw up to four past POC zones as faded horizontal levels.
Regular Zones – Extend POC boxes forward until price breaks out.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
