Multi-Timeframe Stochastic Alert [tradeviZion]# Multi-Timeframe Stochastic Alert : Complete User Guide
## 1. Introduction
### What is the Multi-Timeframe Stochastic Alert?
The Multi-Timeframe Stochastic Alert is an advanced technical analysis tool that helps traders identify potential trading opportunities by analyzing momentum across multiple timeframes. It combines the power of the stochastic oscillator with multi-timeframe analysis to provide more reliable trading signals.
### Key Features and Benefits
- Simultaneous analysis of 6 different timeframes
- Advanced alert system with customizable conditions
- Real-time visual feedback with color-coded signals
- Comprehensive data table with instant market insights
- Motivational trading messages for psychological support
- Flexible theme support for comfortable viewing
### How it Can Help Your Trading
- Identify stronger trends by confirming momentum across multiple timeframes
- Reduce false signals through multi-timeframe confirmation
- Stay informed of market changes with customizable alerts
- Make more informed decisions with comprehensive market data
- Maintain trading discipline with clear visual signals
## 2. Understanding the Display
### The Stochastic Chart
The main chart displays three key components:
1. ** K-Line (Fast) **: The primary stochastic line (default color: green)
2. ** D-Line (Slow) **: The signal line (default color: red)
3. ** Reference Lines **:
- Overbought Level (80): Upper dashed line
- Middle Line (50): Center dashed line
- Oversold Level (20): Lower dashed line
### The Information Table
The table provides a comprehensive view of stochastic readings across all timeframes. Here's what each column means:
#### Column Explanations:
1. ** Timeframe **
- Shows the time period for each row
- Example: "5" = 5 minutes, "15" = 15 minutes, etc.
2. ** K Value **
- The fast stochastic line value (0-100)
- Higher values indicate stronger upward momentum
- Lower values indicate stronger downward momentum
3. ** D Value **
- The slow stochastic line value (0-100)
- Helps confirm momentum direction
- Crossovers with K-line can signal potential trades
4. ** Status **
- Shows current momentum with symbols:
- ▲ = Increasing (bullish)
- ▼ = Decreasing (bearish)
- Color matches the trend direction
5. ** Trend **
- Shows the current market condition:
- "Overbought" (above 80)
- "Bullish" (above 50)
- "Bearish" (below 50)
- "Oversold" (below 20)
#### Row Explanations:
1. ** Title Row **
- Shows "🎯 Multi-Timeframe Stochastic"
- Indicates the indicator is active
2. ** Header Row **
- Contains column titles
- Dark blue background for easy reading
3. ** Timeframe Rows **
- Six rows showing different timeframe analyses
- Each row updates independently
- Color-coded for easy trend identification
4. **Message Row**
- Shows rotating motivational messages
- Updates every 5 bars
- Helps maintain trading discipline
### Visual Indicators and Colors
- ** Green Background **: Indicates bullish conditions
- ** Red Background **: Indicates bearish conditions
- ** Color Intensity **: Shows strength of the signal
- ** Background Highlights **: Appear when alert conditions are met
## 3. Core Settings Groups
### Stochastic Settings
These settings control the core calculation of the stochastic oscillator.
1. ** Length (Default: 14) **
- What it does: Determines the lookback period for calculations
- Higher values (e.g., 21): More stable, fewer signals
- Lower values (e.g., 8): More sensitive, more signals
- Recommended:
* Day Trading: 8-14
* Swing Trading: 14-21
* Position Trading: 21-30
2. ** Smooth K (Default: 3) **
- What it does: Smooths the main stochastic line
- Higher values: Smoother line, fewer false signals
- Lower values: More responsive, but more noise
- Recommended:
* Day Trading: 2-3
* Swing Trading: 3-5
* Position Trading: 5-7
3. ** Smooth D (Default: 3) **
- What it does: Smooths the signal line
- Works in conjunction with Smooth K
- Usually kept equal to or slightly higher than Smooth K
- Recommended: Keep same as Smooth K for consistency
4. ** Source (Default: Close) **
- What it does: Determines price data for calculations
- Options: Close, Open, High, Low, HL2, HLC3, OHLC4
- Recommended: Stick with Close for most reliable signals
### Timeframe Settings
Controls the multiple timeframes analyzed by the indicator.
1. ** Main Timeframes (TF1-TF6) **
- TF1 (Default: 10): Shortest timeframe for quick signals
- TF2 (Default: 15): Short-term trend confirmation
- TF3 (Default: 30): Medium-term trend analysis
- TF4 (Default: 30): Additional medium-term confirmation
- TF5 (Default: 60): Longer-term trend analysis
- TF6 (Default: 240): Major trend confirmation
Recommended Combinations:
* Scalping: 1, 3, 5, 15, 30, 60
* Day Trading: 5, 15, 30, 60, 240, D
* Swing Trading: 15, 60, 240, D, W, M
2. ** Wait for Bar Close (Default: true) **
- What it does: Controls when calculations update
- True: More reliable but slightly delayed signals
- False: Faster signals but may change before bar closes
- Recommended: Keep True for more reliable signals
### Alert Settings
#### Main Alert Settings
1. ** Enable Alerts (Default: true) **
- Master switch for all alert notifications
- Toggle this off when you don't want any alerts
- Useful during testing or when you want to focus on visual signals only
2. ** Alert Condition (Options) **
- "Above Middle": Bullish momentum alerts only
- "Below Middle": Bearish momentum alerts only
- "Both": Alerts for both directions
- Recommended:
* Trending Markets: Choose direction matching the trend
* Ranging Markets: Use "Both" to catch reversals
* New Traders: Start with "Both" until you develop a specific strategy
3. ** Alert Frequency **
- "Once Per Bar": Immediate alerts during the bar
- "Once Per Bar Close": Alerts only after bar closes
- Recommended:
* Day Trading: "Once Per Bar" for quick reactions
* Swing Trading: "Once Per Bar Close" for confirmed signals
* Beginners: "Once Per Bar Close" to reduce false signals
#### Timeframe Check Settings
1. ** First Check (TF1) **
- Purpose: Confirms basic trend direction
- Alert Triggers When:
* For Bullish: Stochastic is above middle line (50)
* For Bearish: Stochastic is below middle line (50)
* For Both: Triggers in either direction based on position relative to middle line
- Settings:
* Enable/Disable: Turn first check on/off
* Timeframe: Default 5 minutes
- Best Used For:
* Quick trend confirmation
* Entry timing
* Scalping setups
2. ** Second Check (TF2) **
- Purpose: Confirms both position and momentum
- Alert Triggers When:
* For Bullish: Stochastic is above middle line AND both K&D lines are increasing
* For Bearish: Stochastic is below middle line AND both K&D lines are decreasing
* For Both: Triggers based on position and direction matching current condition
- Settings:
* Enable/Disable: Turn second check on/off
* Timeframe: Default 15 minutes
- Best Used For:
* Trend strength confirmation
* Avoiding false breakouts
* Day trading setups
3. ** Third Check (TF3) **
- Purpose: Confirms overall momentum direction
- Alert Triggers When:
* For Bullish: Both K&D lines are increasing (momentum confirmation)
* For Bearish: Both K&D lines are decreasing (momentum confirmation)
* For Both: Triggers based on matching momentum direction
- Settings:
* Enable/Disable: Turn third check on/off
* Timeframe: Default 30 minutes
- Best Used For:
* Major trend confirmation
* Swing trading setups
* Avoiding trades against the main trend
Note: All three conditions must be met simultaneously for the alert to trigger. This multi-timeframe confirmation helps reduce false signals and provides stronger trade setups.
#### Alert Combinations Examples
1. ** Conservative Setup **
- Enable all three checks
- Use "Once Per Bar Close"
- Timeframe Selection Example:
* First Check: 15 minutes
* Second Check: 1 hour (60 minutes)
* Third Check: 4 hours (240 minutes)
- Wider gaps between timeframes reduce noise and false signals
- Best for: Swing trading, beginners
2. ** Aggressive Setup **
- Enable first two checks only
- Use "Once Per Bar"
- Timeframe Selection Example:
* First Check: 5 minutes
* Second Check: 15 minutes
- Closer timeframes for quicker signals
- Best for: Day trading, experienced traders
3. ** Balanced Setup **
- Enable all checks
- Use "Once Per Bar"
- Timeframe Selection Example:
* First Check: 5 minutes
* Second Check: 15 minutes
* Third Check: 1 hour (60 minutes)
- Balanced spacing between timeframes
- Best for: All-around trading
### Visual Settings
#### Alert Visual Settings
1. ** Show Background Color (Default: true) **
- What it does: Highlights chart background when alerts trigger
- Benefits:
* Makes signals more visible
* Helps spot opportunities quickly
* Provides visual confirmation of alerts
- When to disable:
* If using multiple indicators
* When preferring a cleaner chart
* During manual backtesting
2. ** Background Transparency (Default: 90) **
- Range: 0 (solid) to 100 (invisible)
- Recommended Settings:
* Clean Charts: 90-95
* Multiple Indicators: 85-90
* Single Indicator: 80-85
- Tip: Adjust based on your chart's overall visibility
3. ** Background Colors **
- Bullish Background:
* Default: Green
* Indicates upward momentum
* Customizable to match your theme
- Bearish Background:
* Default: Red
* Indicates downward momentum
* Customizable to match your theme
#### Level Settings
1. ** Oversold Level (Default: 20) **
- Traditional Setting: 20
- Adjustable Range: 0-100
- Usage:
* Lower values (e.g., 10): More conservative
* Higher values (e.g., 30): More aggressive
- Trading Applications:
* Potential bullish reversal zone
* Support level in uptrends
* Entry point for long positions
2. ** Overbought Level (Default: 80) **
- Traditional Setting: 80
- Adjustable Range: 0-100
- Usage:
* Lower values (e.g., 70): More aggressive
* Higher values (e.g., 90): More conservative
- Trading Applications:
* Potential bearish reversal zone
* Resistance level in downtrends
* Exit point for long positions
3. ** Middle Line (Default: 50) **
- Purpose: Trend direction separator
- Applications:
* Above 50: Bullish territory
* Below 50: Bearish territory
* Crossing 50: Potential trend change
- Trading Uses:
* Trend confirmation
* Entry/exit trigger
* Risk management level
#### Color Settings
1. ** Bullish Color (Default: Green) **
- Used for:
* K-Line (Main stochastic line)
* Status symbols when trending up
* Trend labels for bullish conditions
- Customization:
* Choose colors that stand out
* Match your trading platform theme
* Consider color blindness accessibility
2. ** Bearish Color (Default: Red) **
- Used for:
* D-Line (Signal line)
* Status symbols when trending down
* Trend labels for bearish conditions
- Customization:
* Choose contrasting colors
* Ensure visibility on your chart
* Consider monitor settings
3. ** Neutral Color (Default: Gray) **
- Used for:
* Middle line (50 level)
- Customization:
* Should be less prominent
* Easy on the eyes
* Good background contrast
### Theme Settings
1. **Color Theme Options**
- Dark Theme (Default):
* Dark background with white text
* Optimized for dark chart backgrounds
* Reduces eye strain in low light
- Light Theme:
* Light background with black text
* Better visibility in bright conditions
- Custom Theme:
* Use your own color preferences
2. ** Available Theme Colors **
- Table Background
- Table Text
- Table Headers
Note: The theme affects only the table display colors. The stochastic lines and alert backgrounds use their own color settings.
### Table Settings
#### Position and Size
1. ** Table Position **
- Options:
* Top Right (Default)
* Middle Right
* Bottom Right
* Top Left
* Middle Left
* Bottom Left
- Considerations:
* Chart space utilization
* Personal preference
* Multiple monitor setups
2. ** Text Sizes **
- Title Size Options:
* Tiny: Minimal space usage
* Small: Compact but readable
* Normal (Default): Standard visibility
* Large: Enhanced readability
* Huge: Maximum visibility
- Data Size Options:
* Recommended: One size smaller than title
* Adjust based on screen resolution
* Consider viewing distance
3. ** Empowering Messages **
- Purpose:
* Maintain trading discipline
* Provide psychological support
* Remind of best practices
- Rotation:
* Changes every 5 bars
* Categories include:
- Market Wisdom
- Strategy & Discipline
- Mindset & Growth
- Technical Mastery
- Market Philosophy
## 4. Setting Up for Different Trading Styles
### Day Trading Setup
1. **Timeframes**
- Primary: 5, 15, 30 minutes
- Secondary: 1H, 4H
- Alert Settings: "Once Per Bar"
2. ** Stochastic Settings **
- Length: 8-14
- Smooth K/D: 2-3
- Alert Condition: Match market trend
3. ** Visual Settings **
- Background: Enabled
- Transparency: 85-90
- Theme: Based on trading hours
### Swing Trading Setup
1. ** Timeframes **
- Primary: 1H, 4H, Daily
- Secondary: Weekly
- Alert Settings: "Once Per Bar Close"
2. ** Stochastic Settings **
- Length: 14-21
- Smooth K/D: 3-5
- Alert Condition: "Both"
3. ** Visual Settings **
- Background: Optional
- Transparency: 90-95
- Theme: Personal preference
### Position Trading Setup
1. ** Timeframes **
- Primary: Daily, Weekly
- Secondary: Monthly
- Alert Settings: "Once Per Bar Close"
2. ** Stochastic Settings **
- Length: 21-30
- Smooth K/D: 5-7
- Alert Condition: "Both"
3. ** Visual Settings **
- Background: Disabled
- Focus on table data
- Theme: High contrast
## 5. Troubleshooting Guide
### Common Issues and Solutions
1. ** Too Many Alerts **
- Cause: Settings too sensitive
- Solutions:
* Increase timeframe intervals
* Use "Once Per Bar Close"
* Enable fewer timeframe checks
* Adjust stochastic length higher
2. ** Missed Signals **
- Cause: Settings too conservative
- Solutions:
* Decrease timeframe intervals
* Use "Once Per Bar"
* Enable more timeframe checks
* Adjust stochastic length lower
3. ** False Signals **
- Cause: Insufficient confirmation
- Solutions:
* Enable all three timeframe checks
* Use larger timeframe gaps
* Wait for bar close
* Confirm with price action
4. ** Visual Clarity Issues **
- Cause: Poor contrast or overlap
- Solutions:
* Adjust transparency
* Change theme settings
* Reposition table
* Modify color scheme
### Best Practices
1. ** Getting Started **
- Start with default settings
- Use "Both" alert condition
- Enable all timeframe checks
- Wait for bar close
- Monitor for a few days
2. ** Fine-Tuning **
- Adjust one setting at a time
- Document changes and results
- Test in different market conditions
- Find your optimal timeframe combination
- Balance sensitivity with reliability
3. ** Risk Management **
- Don't trade against major trends
- Confirm signals with price action
- Use appropriate position sizing
- Set clear stop losses
- Follow your trading plan
4. ** Regular Maintenance **
- Review settings weekly
- Adjust for market conditions
- Update color scheme for visibility
- Clean up chart regularly
- Maintain trading journal
## 6. Tips for Success
1. ** Entry Strategies **
- Wait for all timeframes to align
- Confirm with price action
- Use proper position sizing
- Consider market conditions
2. ** Exit Strategies **
- Trail stops using indicator levels
- Take partial profits at targets
- Honor your stop losses
- Don't fight the trend
3. ** Psychology **
- Stay disciplined with settings
- Don't override system signals
- Keep emotions in check
- Learn from each trade
4. ** Continuous Improvement **
- Record your trades
- Review performance regularly
- Adjust settings gradually
- Stay educated on markets
Cerca negli script per "swing trading"
Wick Length Display + Alert conditionsDescription of the Wick Length Display (Advanced) script
Originality and purpose of the script
The Wick Length Display (Advanced) script is an innovative tool for traders who want to gain detailed insights into the length of candle wicks. It stands out for its versatility and user-friendly customization options. It combines precise technical calculations with visual representation to provide important information about market movements and dynamics right on the chart.
Functionality
The script calculates and displays the length of the upper and lower wicks of each candle on the chart. It also provides additional visual cues such as:
• “Bull pressure”: When green candles do not have upper wicks, this indicates strong buying pressure.
• “Bear pressure”: When red candles do not have lower wicks, this indicates strong selling pressure.
• Threshold conditions: Only displays wicks that exceed a certain threshold (optional).
• Display in pips: Allows you to display wick lengths in pips, which is useful for forex traders.
How it works
The script analyzes each candle using the following calculations:
1. Wick length calculation:
◦ Upper wick length = High - (top of the body)
◦ Lower wick length = (bottom of the body) - Low
2. Display conditions:
◦ It distinguishes between bullish and bearish candles.
◦ It checks if the calculated wicks exceed the defined thresholds before displaying them.
3. Dynamic labels:
◦ Labels are placed above or below the respective candles.
◦ Size, color and type of labels are fully customizable.
4. Limitation of labels:
◦ To ensure clarity, a maximum number of labels is defined.
Usage
1. Customization:
◦ Open the script in the Pine Script Editor in TradingView.
◦ Use the input options to customize parameters such as color selection, label size, thresholds and other details according to your requirements.
2. Enable thresholds:
◦ Enable thresholds to show labels only for relevant wicks (default is 6).
◦ Define the minimum wick lengths for bullish (green) and bearish (red) candles.
3. Show in pips:
◦ Enable the “Show wick length in pips” option to show the results in pips (especially suitable for Forex).
4. Edit pressure labels:
◦ Turn the “Bull Pressure” and “Bear Pressure” features on or off depending on your analysis settings.
Concepts behind the calculations
• Technical market analysis: Wick lengths can indicate buying or selling pressure and provide important information on market psychology.
• Thresholds and filtering: The script uses thresholds to avoid visual overload and highlight only essential data.
• Label display: Dynamic labels improve chart readability and give the user instant feedback on market developments.
Usage
This script is great for:
• Intraday trading: Analyzing short-term movements using wick lengths.
• Forex trading: Tracking market momentum using the pip indicator.
• Swing trading: Identifying buying or selling pressure in key markets.
• Visual support: Ideal for traders who prefer a graphical display.
Description of the Wick Length Display (Advanced) script
Originality and purpose of the script
The Wick Length Display (Advanced) script is an innovative tool for traders who want to gain detailed insights into the length of candle wicks. It stands out for its versatility and user-friendly customization options. It combines precise technical calculations with visual representation to provide important information about market movements and dynamics right on the chart.
Functionality
The script calculates and displays the length of the upper and lower wicks of each candle on the chart. It also provides additional visual cues such as:
• “Bull pressure”: When green candles do not have upper wicks, this indicates strong buying pressure.
• “Bear pressure”: When red candles do not have lower wicks, this indicates strong selling pressure.
• Threshold conditions: Only displays wicks that exceed a certain threshold (optional).
• Display in pips: Allows you to display wick lengths in pips, which is useful for forex traders.
How it works
The script analyzes each candle using the following calculations:
1. Wick length calculation:
◦ Upper wick length = High - (top of the body)
◦ Lower wick length = (bottom of the body) - Low
2. Display conditions:
◦ It distinguishes between bullish and bearish candles.
◦ It checks if the calculated wicks exceed the defined thresholds before displaying them.
3. Dynamic labels:
◦ Labels are placed above or below the respective candles.
◦ Size, color and type of labels are fully customizable.
4. Limitation of labels
Alert conditions:
Alerts are triggered when the wick length of a bullish or bearish candle exceeds the defined thresholds.
Alert function:
alert() is used to issue messages with a frequency of once per candle when the conditions are met.
How to set up alerts
Save the script and add it to your chart.
Open the alert settings in TradingView.
Select the script's custom message as a trigger.
Adjust the frequency and notification type (popup, email, etc.).
Now you have a powerful tool with visual analysis and alert function!
Uptrick: Trend SMA Oscillator### In-Depth Analysis of the "Uptrick: Trend SMA Oscillator" Indicator
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#### Introduction to the Indicator
The "Uptrick: Trend SMA Oscillator" is an advanced yet user-friendly technical analysis tool designed to help traders across all levels of experience identify and follow market trends with precision. This indicator builds upon the fundamental principles of the Simple Moving Average (SMA), a cornerstone of technical analysis, to deliver a clear, visually intuitive overlay on the price chart. Through its strategic use of color-coding and customizable parameters, the Uptrick: Trend SMA Oscillator provides traders with actionable insights into market dynamics, enhancing their ability to make informed trading decisions.
#### Core Concepts and Methodology
1. **Foundational Principle – Simple Moving Average (SMA):**
- The Simple Moving Average (SMA) is the heart of the Uptrick: Trend SMA Oscillator. The SMA is a widely-used technical indicator that calculates the average price of an asset over a specified number of periods. By smoothing out price data, the SMA helps to reduce the noise from short-term fluctuations, providing a clearer picture of the overall trend.
- In the Uptrick: Trend SMA Oscillator, two SMAs are employed:
- **Primary SMA (oscValue):** This is applied to the closing price of the asset over a user-defined period (default is 14 periods). This SMA tracks the price closely and is sensitive to changes in market direction.
- **Smoothing SMA (oscV):** This second SMA is applied to the primary SMA, further smoothing the data and helping to filter out minor price movements that might otherwise be mistaken for trend reversals. The default period for this smoothing is 50, but it can be adjusted to suit the trader's preference.
2. **Color-Coding for Trend Visualization:**
- One of the most distinctive features of this indicator is its use of color to represent market trends. The indicator’s line changes color based on the relationship between the primary SMA and the smoothing SMA:
- **Bullish (Green):** The line turns green when the primary SMA is equal to or greater than the smoothing SMA, indicating that the market is in an upward trend.
- **Bearish (Red):** Conversely, the line turns red when the primary SMA falls below the smoothing SMA, signaling a downward trend.
- This color-coded system provides traders with an immediate, easy-to-interpret visual cue about the market’s direction, allowing for quick decision-making.
#### Detailed Explanation of Inputs
1. **Bullish Color (Default: Green #00ff00):**
- This input allows traders to customize the color that represents bullish trends on the chart. The default setting is green, a color commonly associated with upward market movement. However, traders can adjust this to any color that suits their visual preferences or matches their overall chart theme.
2. **Bearish Color (Default: Red RGB: 245, 0, 0):**
- The bearish color input determines the color of the line when the market is trending downwards. The default setting is a vivid red, signaling caution or selling opportunities. Like the bullish color, this can be customized to fit the trader’s needs.
3. **Line Thickness (Default: 5):**
- This setting controls the thickness of the line plotted by the indicator. The default thickness of 5 makes the line prominent on the chart, ensuring that the trend is easily visible even in complex or crowded chart setups. Traders can adjust the thickness to make the line thinner or thicker, depending on their visual preferences.
4. **Primary SMA Period (Value 1 - Default: 14):**
- The primary SMA period defines how many periods (e.g., days, hours) are used to calculate the moving average based on the asset’s closing prices. The default period of 14 is a balanced setting that offers a good mix of responsiveness and stability, but traders can adjust this depending on their trading style:
- **Shorter Periods (e.g., 5-10):** These make the indicator more sensitive, capturing trends more quickly but also increasing the likelihood of reacting to short-term price fluctuations or "noise."
- **Longer Periods (e.g., 20-50):** These smooth the data more, providing a more stable trend line that is less prone to whipsaws but may be slower to respond to trend changes.
5. **Smoothing SMA Period (Value 2 - Default: 50):**
- The smoothing SMA period determines how much the primary SMA is smoothed. A longer smoothing period results in a more gradual, stable line that focuses on the broader trend. The default of 50 is designed to smooth out most of the short-term fluctuations while still being responsive enough to detect significant trend shifts.
- **Customization:**
- **Shorter Smoothing Periods (e.g., 20-30):** Make the indicator more responsive, better for fast-moving markets or for traders who want to capture quick trends.
- **Longer Smoothing Periods (e.g., 70-100):** Enhance stability, ideal for long-term traders looking to avoid reacting to minor price movements.
#### Unique Characteristics and Advantages
1. **Simplicity and Clarity:**
- The Uptrick: Trend SMA Oscillator’s design prioritizes simplicity without sacrificing effectiveness. By relying on the widely understood SMA, it avoids the complexity of more esoteric indicators while still providing reliable trend signals. This simplicity makes it accessible to traders of all levels, from novices who are just learning about technical analysis to experienced traders looking for a straightforward, dependable tool.
2. **Visual Feedback Mechanism:**
- The indicator’s use of color to signify market trends is a particularly powerful feature. This visual feedback mechanism allows traders to assess market conditions at a glance. The clarity of the green and red color scheme reduces the mental effort required to interpret the indicator, freeing the trader to focus on strategy execution.
3. **Adaptability Across Markets and Timeframes:**
- One of the strengths of the Uptrick: Trend SMA Oscillator is its versatility. The basic principles of moving averages apply equally well across different asset classes and timeframes. Whether trading stocks, forex, commodities, or cryptocurrencies, traders can use this indicator to gain insights into market trends.
- **Intraday Trading:** For day traders who operate on short timeframes (e.g., 1-minute, 5-minute charts), the oscillator can be adjusted to be more responsive, capturing quick shifts in momentum.
- **Swing Trading:** Swing traders, who typically hold positions for several days to weeks, will find the default settings or slightly adjusted periods ideal for identifying and riding medium-term trends.
- **Long-Term Trading:** Position traders and investors can adjust the indicator to focus on long-term trends by increasing the periods for both the primary and smoothing SMAs, filtering out minor fluctuations and highlighting sustained market movements.
4. **Minimal Lag:**
- One of the challenges with moving averages is lag—the delay between when the price changes and when the indicator reflects this change. The Uptrick: Trend SMA Oscillator addresses this by allowing traders to adjust the periods to find a balance between responsiveness and stability. While all SMAs inherently have some lag, the customizable nature of this indicator helps traders mitigate this effect to align with their specific trading goals.
5. **Customizable and Intuitive:**
- While many technical indicators come with a fixed set of parameters, the Uptrick: Trend SMA Oscillator is fully customizable, allowing traders to tailor it to their trading style, market conditions, and personal preferences. This makes it a highly flexible tool that can be adjusted as markets evolve or as a trader’s strategy changes over time.
#### Practical Applications for Different Trader Profiles
1. **Day Traders:**
- **Use Case:** Day traders can customize the SMA periods to create a faster, more responsive indicator. This allows them to capture short-term trends and make quick decisions. For example, reducing the primary SMA to 5 and the smoothing SMA to 20 can help day traders react promptly to intraday price movements.
- **Strategy Integration:** Day traders might use the Uptrick: Trend SMA Oscillator in conjunction with volume-based indicators to confirm the strength of a trend before entering or exiting trades.
2. **Swing Traders:**
- **Use Case:** Swing traders can use the default settings or slightly adjust them to smooth out minor price fluctuations while still capturing medium-term trends. This approach helps in identifying the optimal points to enter or exit trades based on the broader market direction.
- **Strategy Integration:** Swing traders can combine this indicator with oscillators like the Relative Strength Index (RSI) to confirm overbought or oversold conditions, thereby refining their entry and exit strategies.
3. **Position Traders:**
- **Use Case:** Position traders, who hold trades for extended periods, can extend the SMA periods to focus on long-term trends. By doing so, they minimize the impact of short-term market noise and focus on the underlying trend.
- **Strategy Integration:** Position traders might use the Uptrick: Trend SMA Oscillator in combination with fundamental analysis. The indicator can help confirm the timing of entries and exits based on broader economic or corporate developments.
4. **Algorithmic and Quantitative Traders:**
- **Use Case:** The simplicity and clear logic of the Uptrick: Trend SMA Oscillator make it an excellent candidate for algorithmic trading strategies. Its binary output—bullish or bearish—can be easily coded into automated trading systems.
- **Strategy Integration:** Quant traders might use the indicator as part of a larger trading system that incorporates multiple indicators and rules, optimizing the SMA periods based on historical backtesting to achieve the best results.
5. **Novice Traders:**
- **Use Case:** Beginners can use the Uptrick: Trend SMA Oscillator to learn the basics of trend-following strategies.
The visual simplicity of the color-coded line helps novice traders quickly understand market direction without the need to interpret complex data.
- **Educational Value:** The indicator serves as an excellent starting point for those new to technical analysis, providing a practical example of how moving averages work in a real-world trading environment.
#### Combining the Indicator with Other Tools
1. **Relative Strength Index (RSI):**
- The RSI is a momentum oscillator that measures the speed and change of price movements. When combined with the Uptrick: Trend SMA Oscillator, traders can look for instances where the RSI shows divergence from the price while the oscillator confirms the trend. This can be a powerful signal of an impending reversal or continuation.
2. **Moving Average Convergence Divergence (MACD):**
- The MACD is another popular trend-following momentum indicator. By using it alongside the Uptrick: Trend SMA Oscillator, traders can confirm the strength of a trend and identify potential entry and exit points with greater confidence. For example, a bullish crossover on the MACD that coincides with the Uptrick: Trend SMA Oscillator turning green can be a strong buy signal.
3. **Volume Indicators:**
- Volume is often considered the fuel behind price movements. Using volume indicators like the On-Balance Volume (OBV) or Volume Weighted Average Price (VWAP) in conjunction with the Uptrick: Trend SMA Oscillator can help traders confirm the validity of a trend. A trend identified by the oscillator that is supported by increasing volume is typically more reliable.
4. **Fibonacci Retracement:**
- Fibonacci retracement levels are used to identify potential reversal levels in a trending market. When the Uptrick: Trend SMA Oscillator indicates a trend, traders can use Fibonacci retracement levels to find potential entry points that align with the broader trend direction.
#### Implementation in Different Market Conditions
1. **Trending Markets:**
- The Uptrick: Trend SMA Oscillator excels in trending markets, where it provides clear signals on the direction of the trend. In a strong uptrend, the line will remain green, helping traders stay in the trade for longer periods. In a downtrend, the red line will signal the continuation of bearish conditions, prompting traders to stay short or avoid long positions.
2. **Sideways or Range-Bound Markets:**
- In range-bound markets, where price oscillates within a confined range without a clear trend, the Uptrick: Trend SMA Oscillator may produce more frequent changes in color. While this could indicate potential reversals at the range boundaries, traders should be cautious of false signals. It may be beneficial to pair the oscillator with a volatility indicator to better navigate such conditions.
3. **Volatile Markets:**
- In highly volatile markets, where prices can swing rapidly, the sensitivity of the Uptrick: Trend SMA Oscillator can be adjusted by modifying the SMA periods. A shorter SMA period might capture quick trends, but traders should be aware of the increased risk of whipsaws. Combining the oscillator with a volatility filter or using it in a higher time frame might help mitigate some of this risk.
#### Final Thoughts
The "Uptrick: Trend SMA Oscillator" is a versatile, easy-to-use indicator that stands out for its simplicity, visual clarity, and adaptability. It provides traders with a straightforward method to identify and follow market trends, using the well-established concept of moving averages. The indicator’s customizable nature makes it suitable for a wide range of trading styles, from day trading to long-term investing, and across various asset classes.
By offering immediate visual feedback through color-coded signals, the Uptrick: Trend SMA Oscillator simplifies the decision-making process, allowing traders to focus on execution rather than interpretation. Whether used on its own or as part of a broader technical analysis toolkit, this indicator has the potential to enhance trading strategies and improve overall performance.
Its accessibility and ease of use make it particularly appealing to novice traders, while its adaptability and reliability ensure that it remains a valuable tool for more experienced market participants. As markets continue to evolve, the Uptrick: Trend SMA Oscillator remains a timeless tool, rooted in the fundamental principles of technical analysis, yet flexible enough to meet the demands of modern trading.
Uptrick: MultiTrend Squeeze System**Uptrick: MultiTrend Squeeze System Indicator: The Ultimate Trading Tool for Precision and Versatility 📈🔥**
### Introduction
The MultiTrend Squeeze System is a powerful, multi-faceted trading indicator designed to provide traders with precise buy and sell signals by combining the strengths of multiple technical analysis tools. This script isn't just an indicator; it's a comprehensive trading system that merges the power of SuperTrend, RSI, Volume Filtering, and Squeeze Momentum to give you an unparalleled edge in the market. Whether you're a day trader looking for short-term opportunities or a swing trader aiming to catch longer-term trends, this indicator is tailored to meet your needs.
### Key Features and Unique Aspects
1. **SuperTrend with Dynamic Adjustments 📊**
- **Adaptive SuperTrend Calculation:** The SuperTrend is a popular trend-following indicator that adjusts dynamically based on market conditions. It uses the Average True Range (ATR) to calculate upper and lower bands, which shift according to market volatility. This script takes it further by combining it with the RSI and Volume filtering to provide more accurate signals.
- **Direction Sensitivity:** The SuperTrend here is not static. It adjusts based on the direction of the previous SuperTrend value, ensuring that the indicator remains relevant even in choppy markets.
2. **RSI Integration for Overbought/Oversold Conditions 💹**
- **RSI Calculation:** The Relative Strength Index (RSI) is incorporated to identify overbought and oversold conditions, adding an extra layer of precision. This helps in filtering out false signals and ensuring that trades are taken only in optimal conditions.
- **Customizable RSI Settings:** The RSI settings are fully customizable, allowing traders to adjust the RSI length and the overbought/oversold levels according to their trading style and market.
3. **Volume Filtering for Enhanced Signal Confirmation 📉**
- **Volume Multiplier:** This unique feature integrates volume analysis, ensuring that signals are only generated when there is sufficient market participation. The Volume Multiplier can be adjusted to filter out weak signals that occur during low-volume periods.
- **Optional Volume Filtering:** Traders have the flexibility to turn the volume filter on or off, depending on their preference or market conditions. This makes the indicator versatile, allowing it to be used across different asset classes and market conditions.
4. **Squeeze Momentum Indicator (SMI) for Market Pressure Analysis 💥**
- **Squeeze Detection:** The Squeeze Momentum Indicator detects periods of market compression and expansion. This script goes beyond the traditional Bollinger Bands and Keltner Channels by incorporating true range calculations, offering a more nuanced view of market momentum.
- **Customizable Squeeze Settings:** The lengths and multipliers for both Bollinger Bands and Keltner Channels are customizable, giving traders the flexibility to fine-tune the indicator based on their specific needs.
5. **Visual and Aesthetic Customization 🎨**
- **Color-Coding for Clarity:** The indicator is color-coded to make it easy to interpret signals. Bullish trends are marked with a vibrant green color, while bearish trends are highlighted in red. Neutral or unconfirmed signals are displayed in softer tones to reduce noise.
- **Histogram Visualization:** The primary trend direction and strength are displayed as a histogram, making it easy to visualize the market's momentum at a glance. The height and color of the bars provide immediate feedback on the strength and direction of the trend.
6. **Alerts for Real-Time Trading 🚨**
- **Custom Alerts:** The script is equipped with custom alerts that notify traders when a buy or sell signal is generated. These alerts can be configured to send notifications through various channels, including email, SMS, or directly to the trading platform.
- **Immediate Reaction:** The alerts are triggered based on the confluence of SuperTrend, RSI, and Volume signals, ensuring that traders are notified only when the most robust trading opportunities arise.
7. **Comprehensive Input Customization ⚙️**
- **SuperTrend Settings:** Adjust the ATR length and factor to control the sensitivity of the SuperTrend. This allows you to adapt the indicator to different market conditions, whether you're trading a volatile cryptocurrency or a more stable stock.
- **RSI Settings:** Customize the RSI length and thresholds for overbought and oversold conditions, enabling you to tailor the indicator to your specific trading strategy.
- **Volume Settings:** The Volume Multiplier and the option to toggle the volume filter provide an additional layer of customization, allowing you to fine-tune the indicator based on market liquidity and participation.
- **Squeeze Momentum Settings:** The lengths and multipliers for Bollinger Bands and Keltner Channels can be adjusted to detect different levels of market compression, providing flexibility for both short-term and long-term traders.
### How It Works: A Deep Dive Into the Mechanics 🛠️
1. **SuperTrend Calculation:**
- The SuperTrend is calculated using the ATR, which measures market volatility. The indicator creates upper and lower bands around the price, adjusting these bands based on the current level of market volatility. The direction of the trend is determined by the position of the price relative to these bands.
- The script enhances the standard SuperTrend by ensuring that the bands do not flip-flop too quickly, reducing the chances of false signals in a choppy market. The direction is confirmed by checking the position of the close relative to the previous band, making the trend detection more reliable.
2. **RSI Integration:**
- The RSI is calculated over a customizable length and compared to user-defined overbought and oversold levels. When the RSI crosses below the oversold level, and the SuperTrend indicates a bullish trend, a buy signal is generated. Conversely, when the RSI crosses above the overbought level, and the SuperTrend indicates a bearish trend, a sell signal is triggered.
- The combination of RSI with SuperTrend ensures that trades are only taken when there is a strong confluence of signals, reducing the chances of entering trades during weak or indecisive market phases.
3. **Volume Filtering:**
- The script calculates the average volume over a 20-period simple moving average. The volume filter ensures that buy and sell signals are only valid when the current volume exceeds a multiple of this average, which can be adjusted by the user. This feature helps filter out weak signals that might occur during low-volume periods, such as just before a major news event or during after-hours trading.
- The volume filter is particularly useful in markets where volume spikes are common, as it ensures that signals are only generated when there is significant market interest in the direction of the trend.
4. **Squeeze Momentum:**
- The Squeeze Momentum Indicator (SMI) adds a layer of market pressure analysis. The script calculates Bollinger Bands and Keltner Channels, detecting when the market is in a "squeeze" — a period of low volatility that typically precedes a significant price move.
- When the Bollinger Bands are inside the Keltner Channels, the market is in a squeeze (compression phase). This is often a precursor to a breakout or breakdown. The script colors the histogram bars black during this phase, indicating a potential for a strong move. Once the squeeze is released, the bars are colored according to the direction of the SuperTrend, signaling a potential entry point.
5. **Integration and Signal Generation:**
- The script brings together the SuperTrend, RSI, Volume, and Squeeze Momentum to generate highly accurate buy and sell signals. A buy signal is triggered when the SuperTrend is bullish, the RSI indicates oversold conditions, and the volume filter confirms strong market participation. Similarly, a sell signal is generated when the SuperTrend is bearish, the RSI indicates overbought conditions, and the volume filter is met.
- The combination of these elements ensures that the signals are robust, reducing the likelihood of entering trades during weak or indecisive market conditions.
### Practical Applications: How to Use the MultiTrend Squeeze System 📅
1. **Day Trading:**
- For day traders, this indicator provides quick and reliable signals that can be used to enter and exit trades multiple times within a day. The volume filter ensures that you are trading during the most liquid times of the day, increasing the chances of successful trades. The Squeeze Momentum aspect helps you catch breakouts or breakdowns, which are common in intraday trading.
2. **Swing Trading:**
- Swing traders can use the MultiTrend Squeeze System to identify longer-term trends. By adjusting the ATR length and factor, you can make the SuperTrend more sensitive to catch longer-term moves. The RSI and Squeeze Momentum aspects help you time your entries and exits, ensuring that you get in early on a trend and exit before it reverses.
3. **Scalping:**
- For scalpers, the quick signals provided by this system, especially in combination with the volume filter, make it easier to take small profits repeatedly. The histogram bars give you a clear visual cue of the market's momentum, making it easier to scalp effectively.
4. **Position Trading:**
- Even position traders can benefit from this indicator by using it to confirm long-term trends. By adjusting the settings to less sensitive parameters, you can ensure that you are only entering trades when a strong trend is confirmed. The Squeeze Momentum indicator will help you stay in the trade during periods of consolidation, waiting for the next big move.
### Conclusion: Why the MultiTrend Squeeze System is a Game-Changer 🚀
The MultiTrend Squeeze System is not just another trading indicator; it’s a comprehensive trading strategy encapsulated within a single script. By combining the power
of SuperTrend, RSI, Volume Filtering, and Squeeze Momentum, this indicator provides a robust and versatile tool that can be adapted to various trading styles and market conditions.
**Why is it Unique?**
- **Multi-Dimensional Analysis:** Unlike many other indicators that rely on a single data point or calculation, this script incorporates multiple layers of analysis, ensuring that signals are based on a confluence of factors, which increases their reliability.
- **Customizability:** The vast range of input settings allows traders to tailor the indicator to their specific needs, whether they are trading forex, stocks, cryptocurrencies, or commodities.
- **Visual Clarity:** The color-coded bars, labels, and signals make it easy to interpret the market conditions at a glance, reducing the time needed to make trading decisions.
Whether you are a novice trader or an experienced market participant, the MultiTrend Squeeze System offers a powerful toolset to enhance your trading strategy, reduce risk, and maximize your potential returns. With its combination of trend analysis, momentum detection, and volume filtering, this indicator is designed to help you trade with confidence and precision in any market condition.
Swing Trend AnalysisIntroducing the Swing Trend Analyzer: A Powerful Tool for Swing and Positional Trading
The Swing Trend Analyzer is a cutting-edge indicator designed to enhance your swing and positional trading by providing precise entry points based on volatility contraction patterns and other key technical signals. This versatile tool is packed with features that cater to traders of all timeframes, offering flexibility, clarity, and actionable insights.
Key Features:
1. Adaptive Moving Averages:
The Swing Trend Analyzer offers multiple moving averages tailored to the timeframe you are trading on. On the daily chart, you can select up to four different moving average lengths, while all other timeframes provide three moving averages. This flexibility allows you to fine-tune your analysis according to your trading strategy. Disabling a moving average is as simple as setting its value to zero, making it easy to customize the indicator to your needs.
2. Dynamic Moving Average Colors Based on Relative Strength:
This feature allows you to compare the performance of the current ticker against a major index or any symbol of your choice. The moving average will change color based on whether the ticker is outperforming or underperforming the selected index over the chosen period. For example, on a daily chart, if the 21-day moving average turns blue, it indicates that the ticker has outperformed the selected index over the last 21 days. This visual cue helps you quickly identify relative strength, a key factor in successful swing trading.
3. Visual Identification of Price Contractions:
The Swing Trend Analyzer changes the color of price bars to white (on a dark theme) or black (on a light theme) when a contraction in price is detected. Price contractions are highlighted when either of the following conditions is met: a) the current bar is an inside bar, or b) the price range of the current bar is less than the 14-period Average Daily Range (ADR). This feature makes it easier to spot price contractions across all timeframes, which is crucial for timing entries in swing trading.
4. Overhead Supply Detection with Automated Resistance Lines:
The indicator intelligently detects the presence of overhead supply and draws a single resistance line to avoid clutter on the chart. As price breaches the resistance line, the old line is automatically deleted, and a new resistance line is drawn at the appropriate level. This helps you focus on the most relevant resistance levels, reducing noise and improving decision-making.
5. Buyable Gap Up Marker: The indicator highlights bars in blue when a candle opens with a gap that remains unfilled. These bars are potential Buyable Gap Up (BGU) candidates, signaling opportunities for long-side entries.
6. Comprehensive Swing Trading Information Table:
The indicator includes a detailed table that provides essential data for swing trading:
a. Sector and Industry Information: Understand the sector and industry of the ticker to identify stocks within strong sectors.
b. Key Moving Averages Distances (10MA, 21MA, 50MA, 200MA): Quickly assess how far the current price is from key moving averages. The color coding indicates whether the price is near or far from these averages, offering vital visual cues.
c. Price Range Analysis: Compare the current bar's price range with the previous bar's range to spot contraction patterns.
d. ADR (20, 10, 5): Displays the Average Daily Range over the last 20, 10, and 5 periods, crucial for identifying contraction patterns. On the weekly chart, the ADR continues to provide daily chart information.
e. 52-Week High/Low Data: Shows how close the stock is to its 52-week high or low, with color coding to highlight proximity, aiding in the identification of potential breakout or breakdown candidates.
f. 3-Month Price Gain: See the price gain over the last three months, which helps identify stocks with recent momentum.
7. Pocket Pivot Detection with Visual Markers:
Pocket pivots are a powerful bullish signal, especially relevant for swing trading. Pocket pivots are crucial for swing trading and are effective across all timeframes. The indicator marks pocket pivots with circular markers below the price bar:
a. 10-Day Pocket Pivot: Identified when the volume exceeds the maximum selling volume of the last 10 days. These are marked with a blue circle.
b. 5-Day Pocket Pivot: Identified when the volume exceeds the maximum selling volume of the last 5 days. These are marked with a green circle.
The Swing Trend Analyzer is designed to provide traders with the tools they need to succeed in swing and positional trading. Whether you're looking for precise entry points, analyzing relative strength, or identifying key price contractions, this indicator has you covered. Experience the power of advanced technical analysis with the Swing Trend Analyzer and take your trading to the next level.
Robocan DeluxeThis script is equipped with
🔵 Robo 4
It offers strategic trading entry and exit points, so you can preserve capital before markets tumble, and take full advantage as they start to rebound. At a glance, market timing indicators tell investors whether market conditions are right or whether it’s safer on the sideline.
Truly unique tool for technical analysis for the financial market as it includes calculation of specific metrics like SAR + MACD + Price Movement.
You no longer have to worry about spending hours in front of the computer looking for a trade.You can use the indicator on every assets available on your broker.
🔵 Change Candle Color
You can change the colors depending on buy 4 and sell 4 signals. It helps traders a lot to see the direction clearly.
🔵 BB Signals
This strategy uses the MACD indicator together with the Bollinger Bands to sell when the price is above the upper Bollinger Band (and to buy when this value is below the lower band). This simple strategy only triggers when both the MACD and the Bollinger Band indicators are at the same time in a overbought or oversold condition.
Removed Upper & Lower bands & SMA20 from the charts.
To see bands, You can activate the Bollinger Bands on EngineeringRobo - not the Deluxe version.
If you are buying it with BB BUY, No need to wait for BB Sell to sell it. Vice versa.
They are not the opposite to each other. Get your profit at your target level and move on.
🔵 Ultimate MA crossover signals :
As a general guideline,the idea behind trading crossovers is that a short-term moving average above a long-term moving average is an indicator of upward momentum in a stock & crypto , and the opposite is true about a short-term average trading below a long-term average.
For this guideline to be of use, the moving average should have provided insights into trends and trend changes in the past.
Are the settings of SMA 50 & SMA 200 really the best for Golden Cross and Death Cross?
Have you ever tested ROI for MA cross strategies?
Do you think MA 20 and MA 50 are the best pair for traders?
Do you know that Exponential Moving Average ( EMA ) beats the Simple Moving Average ( SMA ) ?
In order to answer these questions we applied some brute mathematical force and tested 1830 different MA combination to find out the best pair through 50 years of data across stock / forex and 5 years of data across crypto markets . We have done the hard work and you get the benefits .
P.S. The oldest date is 1872 on SPCFD:SPX chart on tradingview . Almost 150 years of backtesting is possible from 1872 to 2020!;
🔵 Cloud Signals :
This is a strategy made from ichimoku cloud , together with MACD . Changed Ichimoku cloud formula. Based on that we have a long or a short entry.
it is an effective strategy when paired with a trailing stop loss. Removed standard line ( Kijun Sen ), turning line ( Tenkan Sen ), lagging line ( Chikou Span ) and senkou lines, added buy & sell signals. Traders can use EngineeringRobo's cloud to see the clouds on the chart.
This method doesn't work in sideways markets, only in volatile trending markets.
🔵 EMA TrendLines & Custom Moving Average
Moving averages help traders isolate the trend in a security or market, or the lack of one, and can also signal when a trend may be reversing. Two of the most common types are simple and exponential. We will look at the differences between these two moving averages, helping traders determine which one to use. Simple moving averages and the more complex exponential moving averages help visualize the trend by smoothing out price movements.
Each trader must decide which MA is better for his or her particular strategy. Many shorter-term traders use EMAs because they want to be alerted as soon as the price is moving the other way. Longer-term traders tend to rely on SMAs since these investors aren't rushing to act and prefer to be less actively engaged in their trades.
🟠50 And 200 Day Moving Average Rules
Trend reversal (downtrend to uptrend) - MA 50 crossover MA 200 from below.
Trend reversal (uptrend to downtrend) - MA 50 crossover MA 200 from above.
Weekly open –close above MA 20 ( bullish trend )
Weekly open –close below MA 50 ( Bearish trend )
Super Bullish : The candle is above MA 20 ( Daily )
Bullish : MA 50 Above MA 100 ( Daily )
Bearish : MA 50 below MA 100 ( Daily )
🔵 Fear & Greed Index
This strategy uses two unique EMA indicators in the formula.
1. Use the indicator to identify when investors are greedy.
2. Use the indicator to identify potential bottom levels
For best testing example:
This strategy finds the TOP AREA OF THE BULL MARKET AND THE BOTTOM AREA OF THE BEAR MARKET.
1. Use the indicator to identify when investors are greedy
2. Use the indicator to identify potential bottom levels
For a case study:
Open BLX Chart, pick 1D time frame, open only FEAR & Greed Index
🟢Exiting Green Area: Beginning of Bull Market🟢
🔴Exiting Red Area: Beginning of Bear Market🔴
Price crosses above red line= Entering overbought zone
Price crosses below red line= Exiting overbought zone
Price crosses below green line= Entering oversold zone
Price crosses above green line = Exiting oversold zone
BEST TIME TO SELL: When the candle is inside & exiting the Red Area
BEST TIME TO BUY: When the candle is in the Green Area
🔵 Automated Fibonacci Retracements
Automatic Fibonacci let you replace subjective manual analysis with objective automated analysis so you always get the best Fibonacci levels, this can really improve the quality of your trading decisions.
Fibonacci retracements are often used to identify the end of a correction or a counter-trend bounce. Corrections and counter-trend bounces often retrace a portion of the prior move. While short 23.6% retracements do occur, the 38.2-61.8% zone covers the most possibilities (with 50% in the middle). This zone may seem big, but it is just a reversal alert zone. One of the best ways to use the Fibonacci retracement tool is to spot potential support and resistance levels and see if they line up with Fibonacci retracement levels.
Even though Fibonacci levels are extremely popular among technical traders, one should not rely solely on Fibonacci retracement and extension levels in trading. Fibonacci tools return the best results when combined with other technical tools, such as trendlines , chart patterns, candlestick patterns, channels or technical indicators.
If you are following any Deluxe signals, you should always wait for the candle close before buying or selling.
The signal can come and go anytime during the live candle. ALL indicators do that, that is not considered repainting.
Repainting is when a signal appears, the candle is closed, and when you refresh the chart it disappeared. It is logical that until the candle is closed the signal is not decided yet, hence the alert setup as Once per bar Close.
Deluxe never repaints! Yes, you heard it right: you will never have to worry about signal changing after the candle is closed.
*** Added alarm system alerts for all signals.
________________________________________________________________________ Timeframes _____________________________________________________________________
Our recommendations to get the best results:
Swing Trading Crypto : Use 1D Time Frame Candles
Swing Trading Stocks : Use 1W Time Frame Candles
Swing Trading Commodities : Use 1W Time Frame Candles
Day Trading Crypto : Use 3H Time Frame Candles
Day Trading Stocks : Use 1D Time Frame Candles
Day Trading Commodities : Use 1D Time Frame Candles
Not recommended any other time frames.
What Is Risk-Reward Ratio RRR?
Your risk-reward ratio is how much you risk per trade, relative to how much you expect to make (reward).
When trading with Robo , you should always aim for a bigger reward compared to your risk per trade.
A good rule is only to risk 1% per trade for day traders and 5% per trade for swing trader . Robo follows strong risk management rules on the algorithm .
One of the biggest advantages of algo trading is removing human emotion from the financial markets,humans trading are susceptible to emotions that lead to irrational decisions. Robo doesn't have to think or feel good to make a trade. If conditions are met, it enters. When the trade goes the wrong way or hits a profit target, It exits. It doesn't get angry at the market or feel invincible after making a few good trades.
It gives you all the tools and information you need for day-to-day trading and investing, while also keeping a great buy and sell signals! No excuse to lose in any financial market anymore! Try now!
How can you add the algorithm into your chart?
1. Login to TradingView.com
2. From the homepage, click on ‘Chart’ in the top navigation bar
3. Select “Indicators” on the top-center-middle panel
4. In the indicator library, type "Robocan Deluxe "
5. Use the website link below to obtain access to this indicator
[blackcat] L5 Linebreak MasterLevel: 5
Background
Like many people in the Tradingview community, I have been studying how to apply Line Break Chart to backtesting and live trading for long. However, as we all know, the official Tradingview Line Break Chart is not recommended for backtesting because it will lead to unrealistic backtesting results. So, I thought about developing a Line Break Chart that can be used for backtesting and trading. This "L5 Linebreak Master" is one of them that I am introducing today.
This indicator is based on OHLC data, because this kind of chart can be used for reliable backtesting and live trading in Tradingview. Therefore, the Linebreak Master in this script can actually coexist with the standard Japanese candlestick chart, but the trend reversal information it prompts is based on a principle similar to Line Break Chart. When the two can coexist and produce trading signals at the same time, this is really a very interesting invention.
Function
Linebreak charts were developed in Japan and popularized here by Steve Nisson in his book Beyond Candlesticks. The purpose of linebreak charts is to filter out market noise and give a clear indication of the current trend and trend reversals. As you may know, sometimes determining the current trend can be difficult due to market price movement that consolidates, and a trend reversal can be just as difficult. The green and red bars are called lines. Notice that whenever we have consecutive green lines, each line has a higher close than the previous one; when we have consecutive red lines each line has a lower close than the previous line.
First of all, this Linebreak chart can coexist in the main chart with the Japanese candlestick chart. However, many parts may be overlapped with Japanese candle stick to see it clearly. My recommendation is that users can click "Settings" of main chart and turn off default candle chart.
Secondly, this Linebreak chart can be used for backtesting strategies, because it is essentially OHLC data. And the absolute values of the price is based on the original OHLC data. The certainty of the trend reversal is relatively high. It can be compared with Japanese candlesticks on the timeline.
Finally, this Linebreak chart is embedded with a Linebreak intrinsic trading strategy, which can be used to locate entry points through red and green labels. This strategy supports Tradingview alerts. You can get "LONG" or "SHORT" trading reminders by creating alerts. In order to obtain a clear market structure, Zen Stroke (Autolength ZigZag ), Zen Kiss (Special Moving Averages), Fibnacci Retracement Golden Levels, Unique Fibnacci Time windows and Dynamic Fibonicci support and resistance arrows can be checked to be superimposed and displayed on the main chart to facilitate understanding of the temporal and spatial position of prices in the market.
A trading system based on linebreak charts must must have all entries and exits based on the close or open of a line. The two key values of a linebreak chart are the linebreak number and the underlying time interval. We can construct linebreak charts based on daily, weekly, 5 minute, hourly, any time frame. This allows us to adapt it for day trading or swing trading systems. I developped an inheret linebreak strategy with labels facilitate you to locate trend reversals.
Indicator Set
Linebreak Master Chart (新价图)
Zen Stroke (Auto ZigZag , 自动画缠论笔)
Zen Kiss Moving Averages (缠论均线)
Fibnacci Retracement Golden Levels (半对数-黄金分割线)
Unique Fibnacci Time windows (独创的斐波那契时间窗口)
Dynamic Fibonicci support and resistance arrows (动态斐波那契支撑和阻力箭头)
Inputs
Source Type: Open, High, Low, Close, Hl2, Hlc3, Lx, Vwapc, Vwaplx, Vwaphl2 (Case Sensitive)
Returns source input selection variant, default to "Close" if blank or typo.
Open --> open
High --> High
Low --> Low
Close --> Close
Hl2 --> hl2
Hlc3 --> hlc3
Lx --> Lao Xu 1949 Median Price
Vwapc --> vwap based on close
Vwaplx --> vwap based on Lao Xu 1949 Median Price
Vwaphl2 --> vwap based on hl2
Show Zen Stroke --> True as default
Show Fib Space based on Semi-LOG --> True as default
Zen Fractals Lookback Period --> 377 as default
Key Signal
Bars
Green bars for up trend
Red bars for down trend
Labels
Green labels for buy/long.
Red labels for sell/short.
Zen Stroke ( ZigZag )
Green line section for up stroke
Red line section for down stroke
Moving Averages
Yellow for fast line
Fuchsia for slow line
Pros and Cons
Suitable for discretionary trading and bots via alerts. However, only well selected trading pair and time frame can guarantee bot works.
Intuitive and effective, the output signal is more reliable after multi-indicator resonance
Remarks
My fourth L5 indicator published
Closed-source
Invite-only
How to get it?
500 Tradingview Coins Per Monthly Subscription
5000 Tradingview Coins Per Yearly Subscription
EngineeringRobo DeluxeToday we are releasing the EngineeringRobo Deluxe!
New advanced trading tools for traders and investors. The new Robo 4 is extremely powerful !
It works perfectly with other existing strategies as an add-on feature. EngineeringRobo Deluxe has seen major improvements in accuracy of levels, speed and intelligence to detect the best possible trade setups.
This script is equipped with
🔵 EngineeringRobo 4
It offers strategic trading entry and exit points, so you can preserve capital before markets tumble, and take full advantage as they start to rebound. At a glance, market timing indicators tell investors whether market conditions are right or whether it’s safer on the sideline.
Truly unique tool for technical analysis for the financial market as it includes calculation of specific metrics like SAR + MACD + Price Movement.
You no longer have to worry about spending hours in front of the computer looking for a trade.You can use the indicator on every assets available on your broker.
🔵 Change Candle Color
You can change the colors depending on buy 4 and sell 4 signals. It helps traders a lot to see the direction clearly.
🔵 BB Signals :
This strategy uses the MACD indicator together with the Bollinger Bands to sell when the price is above the upper Bollinger Band (and to buy when this value is below the lower band). This simple strategy only triggers when both the MACD and the Bollinger Band indicators are at the same time in a overbought or oversold condition.
Removed Upper & Lower bands & SMA20 from the charts.
To see bands, You can activate the Bollinger Bands on EngineeringRobo - not the Deluxe version.
If you are buying it with BB BUY, No need to wait for BB Sell to sell it. Vice versa.
They are not the opposite to each other. Get your profit at your target level and move on.
🔵 Ultimate MA crossover signals :
As a general guideline,the idea behind trading crossovers is that a short-term moving average above a long-term moving average is an indicator of upward momentum in a stock & crypto , and the opposite is true about a short-term average trading below a long-term average.
For this guideline to be of use, the moving average should have provided insights into trends and trend changes in the past.
Are the settings of SMA 50 & SMA 200 really the best for Golden Cross and Death Cross?
Have you ever tested ROI for MA cross strategies?
Do you think MA 20 and MA 50 are the best pair for traders?
Do you know that Exponential Moving Average ( EMA ) beats the Simple Moving Average ( SMA ) ?
In order to answer these questions we applied some brute mathematical force and tested 1830 different MA combination to find out the best pair through 50 years of data across stock / forex and 5 years of data across crypto markets . We have done the hard work and you get the benefits .
P.S. The oldest date is 1872 on SPCFD:SPX chart on tradingview . Almost 150 years of backtesting is possible from 1872 to 2020!
🔵 Cloud Signals :
This is a strategy made from ichimoku cloud , together with MACD . Changed Ichimoku cloud formula. Based on that we have a long or a short entry.
it is an effective strategy when paired with a trailing stop loss. Removed standard line ( Kijun Sen ), turning line ( Tenkan Sen ), lagging line ( Chikou Span ) and senkou lines, added buy & sell signals. Traders can use EngineeringRobo's cloud to see the clouds on the chart.
This method doesn't work in sideways markets, only in volatile trending markets.
🔵 EMA TrendLines & Custom Moving Average :
Moving averages help traders isolate the trend in a security or market, or the lack of one, and can also signal when a trend may be reversing. Two of the most common types are simple and exponential. We will look at the differences between these two moving averages, helping traders determine which one to use. Simple moving averages and the more complex exponential moving averages help visualize the trend by smoothing out price movements.
Each trader must decide which MA is better for his or her particular strategy. Many shorter-term traders use EMAs because they want to be alerted as soon as the price is moving the other way. Longer-term traders tend to rely on SMAs since these investors aren't rushing to act and prefer to be less actively engaged in their trades.
🟠50 And 200 Day Moving Average Rules
Trend reversal (downtrend to uptrend) - MA 50 crossover MA 200 from below.
Trend reversal (uptrend to downtrend) - MA 50 crossover MA 200 from above.
Weekly open –close above MA 20 ( bullish trend )
Weekly open –close below MA 50 ( Bearish trend )
Super Bullish : The candle is above MA 20 ( Daily )
Bullish : MA 50 Above MA 100 ( Daily )
Bearish : MA 50 below MA 100 ( Daily )
🔵 Fear & Greed Index
This strategy uses two unique EMA indicators in the formula.
1. Use the indicator to identify when investors are greedy.
2. Use the indicator to identify potential bottom levels
For best testing example:
Open BLX Chart, pick 1D time frame, open only FEAR & Greed Index
🟢Green Area : Ready to buy a lot of cryptocurrencies
🔴Red Area : Ready to sell a lot of cryptocurrencies
Price crosses above red line = Entering overbought zone
Price crosses below red line = Exiting overbought zone
Price crosses below green line = Entering oversold zone
Price crosses above green line = Exiting oversold zone
🔵 Automated Trend Channel Lines
It’s 2020 and you are still drawing lines?
The automated trend lines helps you find the best trend lines and you can stop re-drawing over and over. You don't need to flip back and forth between different timeframes. You can let your robo advisor do the work for you.
🔵 Dynamic Support and Resistance Levels
On the most fundamental level, support and resistance are simple concepts. The price finds a level that it’s unable to break through, with this level acting as a barrier of some sort. In the case of support, price finds a “floor,” while in the case of resistance, it finds a “ceiling.”
Basically, you could think of support as a zone of demand and resistance as a zone of supply.
While more traditionally, support and resistance are indicated as lines, the real-world cases are usually not as precise. Bear in mind; the markets aren’t driven by some physical law that prevents them from breaching a specific level. This is why it may be more beneficial to think of support and resistance as areas. You can think of these areas as ranges on a price chart that will likely drive increased activity from traders.
🔵 Automated Fibonacci Retracements
Automatic Fibonacci let you replace subjective manual analysis with objective automated analysis so you always get the best Fibonacci levels, this can really improve the quality of your trading decisions.
Fibonacci retracements are often used to identify the end of a correction or a counter-trend bounce. Corrections and counter-trend bounces often retrace a portion of the prior move. While short 23.6% retracements do occur, the 38.2-61.8% zone covers the most possibilities (with 50% in the middle). This zone may seem big, but it is just a reversal alert zone. One of the best ways to use the Fibonacci retracement tool is to spot potential support and resistance levels and see if they line up with Fibonacci retracement levels.
Even though Fibonacci levels are extremely popular among technical traders, one should not rely solely on Fibonacci retracement and extension levels in trading. Fibonacci tools return the best results when combined with other technical tools, such as trendlines , chart patterns, candlestick patterns, channels or technical indicators.
If you are following any EngineeringRobo Deluxe signals, you should always wait for the candle close before buying or selling.
The signal can come and go anytime during the live candle. ALL indicators do that, that is not considered repainting.
Repainting is when a signal appears, the candle is closed, and when you refresh the chart it disappeared. It is logical that until the candle is closed the signal is not decided yet, hence the alert setup as Once per bar Close.
Deluxe never repaints! Yes, you heard it right: you will never have to worry about signal changing after the candle is closed.
*** Added alarm system alerts for all signals.
________________________________________________________________________ Timeframes _____________________________________________________________________
Our recommendations to get the best results:
Swing Trading Crypto : Use 1D Time Frame Candles
Swing Trading Stocks : Use 1W Time Frame Candles
Swing Trading Commodities : Use 1W Time Frame Candles
Day Trading Crypto : Use 3H Time Frame Candles
Day Trading Stocks : Use 1D Time Frame Candles
Day Trading Commodities : Use 1D Time Frame Candles
Not recommended any other time frames.
What Is Risk-Reward Ratio RRR?
Your risk-reward ratio is how much you risk per trade, relative to how much you expect to make (reward).
When trading with Robo , you should always aim for a bigger reward compared to your risk per trade.
A good rule is only to risk 1% per trade for day traders and 5% per trade for swing trader . Robo follows strong risk management rules on the algorithm .
One of the biggest advantages of algo trading is removing human emotion from the financial markets,humans trading are susceptible to emotions that lead to irrational decisions. Robo doesn't have to think or feel good to make a trade. If conditions are met, it enters.When the trade goes the wrong way or hits a profit target, It exits. It doesn't get angry at the market or feel invincible after making a few good trades.
EngineeringRobo gives you all the tools and information you need for day-to-day trading and investing, while also keeping a great buy and sell signals! No excuse to lose in any financial market anymore! Try now!
How can you add the algorithm into your chart?
1. Login to TradingView.com
2. From the homepage, click on ‘Chart’ in the top navigation bar
3. Select “Indicators” on the top-center-middle panel
4. In the indicator library, type "EngineeringRobo Deluxe "
5. Use the website link below to obtain access to this indicator
The indicator will be added to your chart after It is approved.
10X Trading System10X Trading System (Non Repaint)
TradingView Account Needed: Free
Not satisfied with your trading results so far? This may help:
The 10X Trading System helps you identify tops, bottoms and market direction — quickly and accurately.
The strategy behind its accuracy is the fact that it combines price action and multiple market timing algorithms to determine these significant turning points in the markets.
That way, you can be sure you have the best chance to get the best entry and exit points with perfect timing, and hopefully extract more profits from the markets than anybody else.
Once the 10X Trading system has spotted a possible top or bottom, it clearly displays these Buy or Sell alerts on your charts… showing you exactly where this may occur.
You can activate alerts to never miss a signal.
How to use the signals and alerts:
10X Trading System automatically analyze price action and multiple market timing algorithms to give you a signal when there's a good trade.
Works on all markets on all time frames so it's suitable for binary, scalping, day and swing trading.
10X Trading System allow you to get the best entry and exit points with perfect timing.
If you want more details, the link is in the signature.
Disclaimer:
Past performance is not indicative of future performance. No representation is being made that any results discussed within the service and its related media content will be achieved. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice. TradingWalk, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damages, consequential or otherwise, which may arise from the use or reliance of the TradingWalk service and its content. © 2019 TradingWalk.
TradingWalk indicators are built for TradingView. TradingWalk is on no way a part of TradingView.
Enhanced 4H Candle Countdown & High/Low IndicatorBy profitgang
This Pine Script indicator provides real-time tracking of 4-hour timeframe levels with an integrated countdown timer, designed to help traders monitor key support and resistance zones.
Key Features
📊 Visual Elements
4H High/Low Lines: Clear visualization of previous 4-hour candle high and low levels
Range Fill: Subtle background fill between high and low for better context
Mid-Level Line: Shows the middle point of the 4H range
Position Indicator: Visual cue showing current price position within the range
⏰ Countdown Timer
Real-time countdown to next 4H candle close
Customizable table position (9 different locations)
Adjustable text size (6 size options from Tiny to Huge)
Distance calculations showing percentage distance from key levels
🎯 Signal Generation
Long signals when price crosses above 4H low
Short signals when price crosses below 4H high
RSI confluence filter to reduce false signals
Background highlighting for active signals
TradingView alerts compatible
⚙️ Customization Options
Toggle all features on/off independently
Custom colors for all elements
Table positioning (top/middle/bottom + left/center/right)
Text size selection for optimal readability
Alert notifications for level breaks and updates
How It Works
The indicator fetches the previous 4-hour candle's high and low values and displays them as horizontal lines on your current timeframe chart. It continuously calculates the time remaining until the current 4H candle closes and presents this information in a clean, customizable table.
Use Cases
Swing Trading: Identify key 4H support and resistance levels
Intraday Trading: Monitor when new 4H levels will be established
Risk Management: Calculate distance from key levels for position sizing
Multi-timeframe Analysis: Combine with lower timeframe setups
Educational Purpose
This indicator is designed for educational and analytical purposes to help traders understand price action relative to higher timeframe levels. It provides clear visual feedback about market structure and timing.
Settings Groups
Display Settings: Toggle features, positioning, and sizing
Colors: Customize all visual elements
Signal Settings: Configure alert conditions and confluence filters
Compatibility
Works on all timeframes (recommended for 1m to 1H charts)
Compatible with all instruments
Includes proper alert functionality for automated notifications
Optimized for both light and dark themes
This indicator does not provide financial advice. Always conduct your own research and risk management before making trading decisions.
EMA Cross 5/21 with Accurate Break Triangles & Clean Prev OHLCEMA Cross 5/21 with Structure Break & OHLC Levels
Purpose
This strategy combines EMA crossovers with market structure breakouts for more reliable trade signals.
It enhances trade context by plotting Previous Day and Previous Week key levels (Open, High, Low, Close), which are widely used for intraday decision-making.
Core Components
1. EMA Trend Filter
Uses a fast EMA (5) and a slow EMA (21).
Bullish bias: EMA 5 crosses above EMA 21.
Bearish bias: EMA 5 crosses below EMA 21.
EMA cross serves as the initial momentum shift signal.
2. Market Structure Break Confirmation
After an EMA cross, the script looks for a structure break within 3 candles:
Bullish Break: Price closes above the most recent swing high.
Bearish Break: Price closes below the most recent swing low.
Swing points are determined using a 3-bar lookback on each side.
This confirmation filters out false EMA crosses that occur during consolidation.
3. Entry Signal Visualization
Green triangle below the bar = Bullish structure break within 3 bars after bullish EMA cross.
Red triangle above the bar = Bearish structure break within 3 bars after bearish EMA cross.
These markers appear only when both EMA direction and structure break agree.
4. Key Market Levels (Support/Resistance)
The script automatically draws straight horizontal reference lines for:
Previous Day OHLC:
PDO – Previous Day Open (Blue)
PDC – Previous Day Close (Yellow)
PDH – Previous Day High (Red)
PDL – Previous Day Low (Green)
Previous Week OHLC (lighter shades):
PWO – Previous Week Open (Light Blue)
PWC – Previous Week Close (Light Yellow)
PWH – Previous Week High (Light Red)
PWL – Previous Week Low (Light Green)
These levels help traders identify:
Potential support/resistance zones.
High-probability breakout or reversal points.
Institutional liquidity levels.
Trading Logic
Wait for EMA cross to set bias (bullish or bearish).
Within 3 bars, check for a break of the last swing high/low in the direction of bias.
Plot signal (green triangle up for bullish, red triangle down for bearish).
Use PD/PW levels as confluence zones for entry, stop placement, or target setting.
Advantages
Filters out many false signals from simple EMA cross strategies.
Adds market structure awareness.
Automatically integrates important daily/weekly reference levels.
Signals are visually intuitive for faster decision-making.
Best Use Cases
Intraday trading: Using PD/PW levels for scalping or day trades.
Swing trading: Waiting for higher timeframe EMA cross + structure break confirmation.
Breakout trading: Combining PDH/PDL or PWH/PWL breaks with EMA confirmation.
Premium Fibonacci Entry Bands [Mark804 Pro]🚀 Premium Fibonacci Entry Bands Pro - Advanced Trading System for TradingView 🚀
Unlock Precision Trading with Smart Fibonacci Zones + Volume-Confirmed Signals!
🔥 Why This Indicator Stands Out:
✅ Multi-Layer Confirmation: Combines Fibonacci bands, trend analysis, and volume spikes for high-probability entries
✅ 3-Stage Signal System: Aggressive (A), Strong (S), and Exit signals for optimal risk management
✅ Institutional-Grade Filters: 200 EMA trend filter + volume confirmation reduces false signals
✅ Visual Hierarchy: Color-coded bands + distinct shapes (▲ ▼ ✖) for instant signal recognition
✅ Fully Customizable: Adjust sensitivity, toggle features, and adapt to any trading style
💡 Perfect For:
• Swing traders looking for mean-reversion opportunities
• Trend followers wanting confirmed breakouts
• Day traders needing clear entry/exit levels
• Risk-averse investors using the built-in exit system
📈 How It Works:
Fibonacci Bands identify overextended price levels
Trend Filter keeps you trading in the right direction
Volume Spikes confirm strong institutional participation
Smart Exits lock in profits before reversals
🔍 SEO-Optimized Keywords:
"Best Fibonacci Trading Indicator", "Smart Mean Reversion Strategy", "Volume Confirmed Trading Signals", "Professional TradingView Tools", "Trend Following System", "Low Risk Entry Points", "Institutional Trading Algorithm", "Swing Trading Indicator", "Day Trading Signals", "Price Action Confirmation"
✨ Why Traders Love It:
"Finally a Fibonacci indicator that combines math with market context! The volume confirmation makes all the difference." - Verified User
📲 Get an Edge in Any Market Condition!
👉 Install Now to transform how you trade with institution-grade confirmation logic 👈
🔗 Pro Tip: Pair with RSI or MACD for even higher accuracy in ranging markets!
Clean Multi-Indicator Alignment System
Overview
A sophisticated multi-indicator alignment system designed for 24/7 trading across all markets, with pure signal-based exits and no time restrictions. Perfect for futures, forex, and crypto markets that operate around the clock.
Key Features
🎯 Multi-Indicator Confluence System
EMA Cross Strategy: Fast EMA (5) and Slow EMA (10) for precise trend direction
VWAP Integration: Institution-level price positioning analysis
RSI Momentum: 7-period RSI for momentum confirmation and reversal detection
MACD Signals: Optimized 8/17/5 configuration for scalping responsiveness
Volume Confirmation: Customizable volume multiplier (default 1.6x) for signal validation
🚀 Advanced Entry Logic
Initial Full Alignment: Requires all 5 indicators + volume confirmation
Smart Continuation Entries: EMA9 pullback entries when trend momentum remains intact
Flexible Time Controls: Optional session filtering or 24/7 operation
🎪 Pure Signal-Based Exits
No Forced Closes: Positions exit only on technical signal reversals
Dual Exit Conditions: EMA9 breakdown + RSI flip OR MACD cross + EMA20 breakdown
Trend Following: Allows profitable trends to run their full course
Perfect for Swing Scalping: Ideal for multi-session position holding
📊 Visual Interface
Real-Time Status Dashboard: Live alignment monitoring for all indicators
Color-Coded Candles: Instant visual confirmation of entry/exit signals
Clean Chart Display: Toggle-able EMAs and VWAP with professional styling
Signal Differentiation: Clear labels for entries, X-crosses for exits
🔔 Alert System
Entry Notifications: Separate alerts for buy/sell signals
Exit Warnings: Technical breakdown alerts for position management
Mobile Ready: Push notifications to TradingView mobile app
Market Applications
Perfect For:
Gold Futures (GC): 24-hour precious metals trading
NASDAQ Futures (NQ): High-volatility index scalping
Forex Markets: Currency pairs with continuous operation
Crypto Trading: 24/7 cryptocurrency momentum plays
Energy Futures: Oil, gas, and commodity swing trades
Optimal Timeframes:
1-5 Minutes: Ultra-fast scalping during high volatility
5-15 Minutes: Balanced approach for most markets
15-30 Minutes: Swing scalping for trend following
🧠 Smart Position Management
Tracks implied position direction
Prevents conflicting signals
Allows trend continuation entries
State-aware exit logic
⚡ Scalping Optimized
Fast-reacting indicators with shorter periods
Volume-based confirmation reduces false signals
Clean entry/exit visualization
Minimal lag for time-sensitive trades
Configuration Options
All parameters fully customizable:
EMA Lengths: Adjustable from 1-30 periods
RSI Period: 1-14 range for different market conditions
MACD Settings: Fast (1-15), Slow (1-30), Signal (1-10)
Volume Confirmation: 0.5-5.0x multiplier range
Visual Preferences: Colors, displays, and table options
Risk Management Features
Clear visual exit signals prevent emotion-based decisions
Volume confirmation reduces false breakouts
Multi-indicator confluence improves signal quality
Optional time filtering for session-specific strategies
Best Use Cases
Futures Scalping: NQ, ES, GC during active sessions
Forex Swing Trading: Major pairs during overlap periods
Crypto Momentum: Bitcoin, Ethereum trend following
24/7 Automated Systems: Algorithmic trading implementation
Multi-Market Scanning: Portfolio-wide signal monitoring
Multi Timeframe Fair Value Gap Indicator ProMulti Timeframe Fair Value Gap Indicator Pro | MTF FVG Imbalance Zones | Institutional Supply Demand Levels
🎯 The Most Comprehensive Multi-Timeframe Fair Value Gap (FVG) Indicator on TradingView
Transform Your Trading with Institutional-Grade Multi-Timeframe FVG Analysis
Keywords: Multi Timeframe Indicator, MTF FVG, Fair Value Gap, Imbalance Zones, Supply and Demand, Institutional Trading, Order Flow Imbalance, Price Inefficiency, Smart Money Concepts, ICT Concepts, Volume Imbalance, Liquidity Voids, Multi Timeframe Analysis
📊 WHAT IS THIS INDICATOR?
The Multi Timeframe Fair Value Gap Indicator Pro is the most advanced FVG detection system on TradingView, designed to identify high-probability institutional supply and demand zones across multiple timeframes simultaneously. This professional-grade tool automatically detects Fair Value Gaps (FVGs), also known as imbalance zones, liquidity voids, or inefficiency gaps - the exact areas where institutional traders enter and exit positions.
🔍 What Are Fair Value Gaps (FVGs)?
Fair Value Gaps are three-candle price formations that create imbalances in the market structure. These gaps represent areas where buying or selling was so aggressive that price moved too quickly, leaving behind an inefficient zone that price often returns to "fill" or "mitigate." Professional traders use these zones as high-probability entry points.
Bullish FVG: When the low of candle 3 is higher than the high of candle 1
Bearish FVG: When the high of candle 3 is lower than the low of candle 1
⚡ KEY FEATURES
📈 Multi-Timeframe Analysis (MTF)
- 12 Timeframes Simultaneously: 1m, 3m, 5m, 15m, 30m, 45m, 1H, 2H, 3H, 4H, Daily, Weekly
- Real-Time Detection: Instantly identifies FVGs as they form across all selected timeframes
- Customizable Timeframe Selection: Choose which timeframes to display based on your trading style
- Higher Timeframe Confluence: See when multiple timeframes align for stronger signals
🎨 Three Professional Visual Themes
1. Dark Intergalactic: Futuristic neon colors with high contrast for dark mode traders
2. Light Minimal: Clean, professional appearance for traditional charting
3. Pro Modern: Low-saturation colors for extended screen time comfort
📊 Advanced FVG Dashboard
- Live FVG Counter: Real-time count of active bullish and bearish gaps
- Total Zone Tracking: Monitor all active imbalance zones at a glance
- Theme-Adaptive Display: Dashboard automatically adjusts to your selected visual theme
- Strategic Positioning: Optimally placed to not interfere with price action
🔧 Smart Zone Management
- Dynamic Zone Updates: FVG boxes automatically adjust when price touches them
- Mitigation Detection: Visual feedback when zones are tested or filled
- Color-Coded Status: Instantly see untested vs tested zones
- Extended Projection: Option to extend boxes to the right for future reference
- Timeframe Labels: Optional labels showing which timeframe each FVG originated from
💡 Intelligent Features
- Automatic Zone Cleanup: Removes fully mitigated FVGs to keep charts clean
- Touch-Based Level Adjustment: Zones adapt to partial fills
- Maximum Box Management: Optimized to handle 500 simultaneous FVG zones
- Performance Optimized: Efficient code ensures smooth operation even with multiple timeframes
🎯 TRADING APPLICATIONS
Day Trading & Scalping
- Use 1m, 3m, 5m FVGs for quick scalp entries
- Combine with higher timeframe FVGs for directional bias
- Perfect for futures (ES, NQ, MNQ), forex, and crypto scalping
Swing Trading
- Focus on 1H, 4H, and Daily FVGs for swing positions
- Identify major support/resistance zones
- Plan entries at untested higher timeframe gaps
Position Trading
- Utilize Daily and Weekly FVGs for long-term positions
- Identify institutional accumulation/distribution zones
- Major reversal points at significant imbalance areas
Multi-Timeframe Confluence Trading
- Stack multiple timeframe FVGs for high-probability zones
- Confirm entries when lower and higher timeframe FVGs align
- Professional edge through timeframe confluence
📚 HOW TO USE THIS INDICATOR
Step 1: Add to Your Chart
Click "Add to Favorites" and apply to any trading instrument - works on all markets including stocks, forex, crypto, futures, and indices.
Step 2: Configure Your Timeframes
In settings, select which timeframes you want to monitor. Day traders might focus on 1m-15m, while swing traders might use 1H-Weekly.
Step 3: Choose Your Visual Theme
Select from three professional themes based on your preference and trading environment.
Step 4: Identify Trading Opportunities
For Long Entries:
- Look for Bullish FVGs (green/cyan zones)
- Wait for price to return to untested zones
- Enter when price shows rejection from the FVG zone
- Higher timeframe FVGs provide stronger support
For Short Entries:
- Look for Bearish FVGs (red/pink zones)
- Wait for price to return to untested zones
- Enter when price shows rejection from the FVG zone
- Higher timeframe FVGs provide stronger resistance
Step 5: Manage Risk
- Place stops beyond the FVG zone
- Use partially filled FVGs as trailing stop levels
- Exit when opposite FVGs form (reversal signal)
🏆 WHY THIS IS THE BEST MTF FVG INDICATOR
✅ Most Comprehensive
- More timeframes than any other FVG indicator
- Advanced features not found elsewhere
- Professional-grade visual presentation
✅ Institutional-Grade
- Based on smart money concepts (SMC)
- ICT (Inner Circle Trader) methodology compatible
- Used by professional prop traders
✅ User-Friendly
- Clean, intuitive interface
- Detailed tooltips and descriptions
- Works out-of-the-box with optimal defaults
✅ Continuously Updated
- Regular improvements and optimizations
- Community feedback incorporated
- Professional development by PineProfits
🔥 PERFECT FOR
- Scalpers seeking quick FVG fills
- Day Traders using multi-timeframe analysis
- Swing Traders identifying major zones
- ICT/SMC Traders following smart money
- Prop Firm Traders needing reliable setups
- Algorithmic Traders building systematic strategies
- Technical Analysts studying market structure
- All Experience Levels from beginners to professionals
💎 ADVANCED TIPS
1. Confluence is Key: The strongest signals occur when multiple timeframe FVGs align at the same price level
2. Fresh vs Tested: Untested FVGs (original color) are stronger than tested ones (gray/muted color)
3. Time of Day: FVGs formed during high-volume sessions (London/NY) are more reliable
4. Trend Alignment: Trade FVGs in the direction of the higher timeframe trend for best results
5. Volume Confirmation: Combine with volume indicators for enhanced reliability
📈 INDICATOR SETTINGS
Visual Settings
- Visual Theme: Choose between Dark Intergalactic, Light Minimal, or Pro Modern
- Show Branding: Toggle PineProfits branding on/off
General Settings
- Move box levels with price touch: Dynamically adjust FVG zones
- Change box color with price touch: Visual feedback for tested zones
- Extend boxes to the right: Project zones into the future
- Plot Timeframe Label: Show origin timeframe on each FVG
- Show FVG Dashboard: Toggle the summary dashboard
Timeframe Selection
Select any combination of 12 available timeframes (1m to Weekly)
🚀 GET STARTED NOW
1. Click "Add to Favorites" to save this indicator
2. Apply to your chart - works on any instrument
3. Join thousands of traders already using this professional tool
4. Follow PineProfits for more institutional-grade indicators
⚖️ DISCLAIMER
This indicator is for educational and informational purposes only. It should not be considered financial advice. Always do your own research and practice proper risk management. Past performance does not guarantee future results. Trade responsibly.
© PineProfits - Professional Trading Tools for Modern Markets
If you find this indicator valuable, please leave a like and comment. Your support helps me create more professional-grade tools for the TradingView community!
Mutanabby_AI | Ultimate Algo | Remastered+Overview
The Mutanabby_AI Ultimate Algo Remastered+ represents a sophisticated trend-following system that combines Supertrend analysis with multiple moving average confirmations. This comprehensive indicator is designed specifically for identifying high-probability trend continuation and reversal opportunities across various market conditions.
Core Algorithm Components
**Supertrend Foundation**: The primary signal generation relies on a customizable Supertrend indicator with adjustable sensitivity (1-20 range). This adaptive trend-following tool uses Average True Range calculations to establish dynamic support and resistance levels that respond to market volatility.
**SMA Confirmation Matrix**: Multiple Simple Moving Averages (SMA 4, 5, 9, 13) provide layered confirmation for signal strength. The algorithm distinguishes between regular signals and "Strong" signals based on SMA 4 vs SMA 5 relationship, offering traders different conviction levels for position sizing.
**Trend Ribbon Visualization**: SMA 21 and SMA 34 create a visual trend ribbon that changes color based on their relationship. Green ribbon indicates bullish momentum while red signals bearish conditions, providing immediate visual trend context.
**RSI-Based Candle Coloring**: Advanced 61-tier RSI system colors candles with gradient precision from deep red (RSI ≤20) through purple transitions to bright green (RSI ≥79). This visual enhancement helps traders instantly assess momentum strength and overbought/oversold conditions.
Signal Generation Logic
**Buy Signal Criteria**:
- Price crosses above Supertrend line
- Close price must be above SMA 9 (trend confirmation)
- Signal strength determined by SMA 4 vs SMA 5 relationship
- "Strong Buy" when SMA 4 ≥ SMA 5
- Regular "Buy" when SMA 4 < SMA 5
**Sell Signal Criteria**:
- Price crosses below Supertrend line
- Close price must be below SMA 9 (trend confirmation)
- Signal strength based on SMA relationship
- "Strong Sell" when SMA 4 ≤ SMA 5
- Regular "Sell" when SMA 4 > SMA 5
Advanced Risk Management System
**Automated TP/SL Calculation**: The indicator automatically calculates stop loss and take profit levels using ATR-based measurements. Risk percentage and ATR length are fully customizable, allowing traders to adapt to different market conditions and personal risk tolerance.
**Multiple Take Profit Targets**:
- 1:1 Risk-Reward ratio for conservative profit taking
- 2:1 Risk-Reward for balanced trade management
- 3:1 Risk-Reward for maximum profit potential
**Visual Risk Display**: All risk management levels appear as both labels and optional trend lines on the chart. Customizable line styles (solid, dashed, dotted) and positioning ensure clear visualization without chart clutter.
**Dynamic Level Updates**: Risk levels automatically recalculate with each new signal, maintaining current market relevance throughout position lifecycles.
Visual Enhancement Features
**Customizable Display Options**: Toggle trend ribbon, TP/SL levels, and risk lines independently. Decimal precision adjustments (1-8 decimal places) accommodate different instrument price formats and personal preferences.
**Professional Label System**: Clean, informative labels show entry points, stop losses, and take profit targets with precise price levels. Labels automatically position themselves for optimal chart readability.
**Color-Coded Momentum**: The gradient RSI candle coloring system provides instant visual feedback on momentum strength, helping traders assess market energy and potential reversal zones.
Implementation Strategy
**Timeframe Optimization**: The algorithm performs effectively across multiple timeframes, with higher timeframes (4H, Daily) providing more reliable signals for swing trading. Lower timeframes work well for day trading with appropriate risk adjustments.
**Sensitivity Adjustment**: Lower sensitivity values (1-5) generate fewer but higher-quality signals, ideal for conservative approaches. Higher sensitivity (15-20) increases signal frequency for active trading styles.
**Risk Management Integration**: Use the automated risk calculations as baseline parameters, adjusting risk percentage based on account size and market conditions. The 1:1, 2:1, 3:1 targets enable systematic profit-taking strategies.
Market Application
**Trend Following Excellence**: Primary strength lies in capturing significant trend movements through the Supertrend foundation with SMA confirmation. The dual-layer approach reduces false signals common in single-indicator systems.
**Momentum Assessment**: RSI-based candle coloring provides immediate momentum context, helping traders assess signal strength and potential continuation probability.
**Range Detection**: The trend ribbon helps identify ranging conditions when SMA 21 and SMA 34 converge, alerting traders to potential breakout opportunities.
Performance Optimization
**Signal Quality**: The requirement for both Supertrend crossover AND SMA 9 confirmation significantly improves signal reliability compared to basic trend-following approaches.
**Visual Clarity**: The comprehensive visual system enables rapid market assessment without complex calculations, ideal for traders managing multiple instruments.
**Adaptability**: Extensive customization options allow fine-tuning for specific markets, trading styles, and risk preferences while maintaining the core algorithm integrity.
## Non-Repainting Design
**Educational Note**: This indicator uses standard TradingView functions (Supertrend, SMA, RSI) with normal behavior patterns. Real-time updates on current candles are expected and standard across all technical indicators. Historical signals on closed candles remain fixed and unchanged, ensuring reliable backtesting and analysis.
**Signal Confirmation**: Final signals are confirmed only when candles close, following standard technical analysis principles. The algorithm provides clear distinction between developing signals and confirmed entries.
Technical Specifications
**Supertrend Parameters**: Default sensitivity of 4 with ATR length of 11 provides balanced signal generation. Sensitivity range from 1-20 allows adaptation to different market volatilities and trading preferences.
**Moving Average Configuration**: SMA periods of 8, 9, and 13 create multi-layered trend confirmation, while SMA 21 and 34 form the visual trend ribbon for broader market context.
**Risk Management**: ATR-based calculations with customizable risk percentage ensure dynamic adaptation to market volatility while maintaining consistent risk exposure principles.
Recommended Settings
**Conservative Approach**: Sensitivity 4-5, RSI length 14, higher timeframes (4H, Daily) for swing trading with maximum signal reliability.
**Active Trading**: Sensitivity 6-8, RSI length 8-10, intermediate timeframes (1H) for balanced signal frequency and quality.
**Scalping Setup**: Sensitivity 10-15, RSI length 5-8, lower timeframes (15-30min) with enhanced risk management protocols.
## Conclusion
The Mutanabby_AI Ultimate Algo Remastered+ combines proven trend-following principles with modern visual enhancements and comprehensive risk management. The algorithm's strength lies in its multi-layered confirmation approach and automated risk calculations, providing both novice and experienced traders with clear signals and systematic trade management.
Success with this system requires understanding the relationship between signal strength indicators and adapting sensitivity settings to match current market conditions. The comprehensive visual feedback system enables rapid decision-making while the automated risk management ensures consistent trade parameters.
Practice with different sensitivity settings and timeframes to optimize performance for your specific trading style and risk tolerance. The algorithm's systematic approach provides an excellent framework for disciplined trend-following strategies across various market environments.
Ayman – Full Smart Suite Auto/Manual Presets + PanelIndicator Name
Ayman – Full Smart Suite (OB/BoS/Liq/FVG/Pin/ADX/HTF) + Auto/Manual Presets + Panel
This is a multi-condition trading tool for TradingView that combines advanced Smart Money Concepts (SMC) with classic technical filters.
It generates BUY/SELL signals, draws Stop Loss (SL) and Take Profit (TP1, TP2) levels, and displays a control panel with all active settings and conditions.
1. Main Features
Smart Money Concepts Filters:
Order Block (OB) Zones
Break of Structure (BoS)
Liquidity Sweeps
Fair Value Gaps (FVG)
Pin Bar patterns
ADX filter
Higher Timeframe EMA filter (HTF EMA)
Two Operating Modes:
Auto Presets: Automatically adjusts all settings (buffers, ATR multipliers, RR, etc.) based on your chart timeframe (M1/M5/M15).
Manual Mode: Fully customize all parameters yourself.
Trade Management Levels:
Stop Loss (SL)
TP1 – partial profit
TP2 – full profit
Visual Panel showing:
Current settings
Filter status
Trend direction
Last swing levels
SL/TP status
Alerts for BUY/SELL conditions
2. Entry Conditions
A BUY signal is generated when all these are true:
Trend: Price above EMA (bullish)
HTF EMA: Higher timeframe trend also bullish
ADX: Trend strength above threshold
OB: Price in a valid bullish Order Block zone
BoS: Structure break to the upside
Liquidity Sweep: Sweep of recent lows in bullish context
FVG: A bullish Fair Value Gap is present
Pin Bar: Bullish Pin Bar pattern detected (if enabled)
A SELL signal is generated when the opposite conditions are met.
3. Stop Loss & Take Profits
SL: Placed just beyond the last swing low (BUY) or swing high (SELL), with a small ATR buffer.
TP1: Partial profit target, defined as a ratio of the SL distance.
TP2: Full profit target, based on Reward:Risk ratio.
4. How to Use
Step 1 – Apply Indicator
Open TradingView
Go to your chart (recommended: XAUUSD, M1/M5 for scalping)
Add the indicator script
Step 2 – Choose Mode
AUTO Mode: Leave “Use Auto Presets” ON – parameters adapt to your timeframe.
MANUAL Mode: Turn Auto OFF and adjust all lengths, buffers, RR, and filters.
Step 3 – Filters
In the Filters On/Off section, enable/disable specific conditions (OB, BoS, Liq, FVG, Pin Bar, ADX, HTF EMA).
Step 4 – Trading the Signals
Wait for a BUY or SELL arrow to appear.
SL and TP levels will be plotted automatically.
TP1 can be used for partial close and TP2 for full exit.
Step 5 – Alerts
Set alerts via BUY Signal or SELL Signal to receive notifications.
5. Best Practices
Scalping: Use M1 or M5 with AUTO mode for gold or forex pairs.
Swing Trading: Use M15+ and adjust buffers/ATR manually.
Combine with price action confirmation before entering trades.
For higher accuracy, wait for multiple filter confirmations rather than acting on the first arrow.
6. Summary Table
Feature Purpose Can Disable?
Order Block Finds key supply/demand zones ✅
Break of Structure Detects trend continuation ✅
Liquidity Sweep Finds stop-hunt moves ✅
Fair Value Gap Confirms imbalance entries ✅
Pin Bar Price action reversal filter ✅
ADX Trend strength filter ✅
HTF EMA Higher timeframe confirmation ✅
Mohammad - Auto TrendLinesMohammad - Auto TrendLines
Overview
An advanced automatic trendline detection system that identifies and draws both major and minor trendlines based on pivot highs and lows. This indicator uses sophisticated algorithms to detect market structure and automatically plot relevant trendlines, helping traders identify key support and resistance levels without manual chart analysis.
Key Features
Automatic Detection: Identifies pivot points and connects them to form trendlines without manual intervention
Multi-Level Analysis: Distinguishes between Major and Minor trendlines, both External and Internal
Smart Validation: Only draws trendlines that haven't been violated by price action
Comprehensive Alerts: 16 different alert conditions for breaks and reactions to trendlines
Fully Customizable: Complete control over colors, styles, widths, and display preferences for each trendline type
How It Works
The indicator uses a ZigZag algorithm with configurable pivot periods to identify significant highs and lows. It then connects these points to form trendlines, validating them against historical price action to ensure they remain relevant. The system categorizes trendlines into Major/Minor and External/Internal based on their significance in the market structure.
Use Cases
This indicator is particularly useful for:
Identifying trend continuations and potential reversals
Finding optimal entry and exit points based on trendline breaks
Setting stop-loss levels using trendline support/resistance
Confirming trade setups with multiple timeframe analysis
Automating trendline detection for systematic trading strategies
Settings/Parameters
Pivot Period: Controls the sensitivity of pivot detection (default: 5)
Display Options: Toggle visibility for each of the 8 trendline types
Style Customization: Adjust color, line style, width, and extension for each trendline
Alert Configuration: Enable/disable alerts for breaks and reactions to each trendline type
Delete Previous: Option to remove old trendlines when new ones are formed
How to Use
Add the indicator to your chart and adjust the Pivot Period based on your trading timeframe
Configure which trendline types you want to display (Major/Minor, External/Internal, Up/Down)
Set up alerts for the specific trendline interactions you want to monitor
Look for price reactions at trendlines for potential trade entries
Use trendline breaks as confirmation for trend changes
Signals
Break Alerts: Triggered when price closes beyond a trendline
React Alerts: Triggered when price touches but respects a trendline
Major External: Most significant trendlines based on major pivot points
Major Internal: Secondary major trendlines within the trend structure
Minor External: Short-term trendlines for intraday movements
Minor Internal: Smallest scale trendlines for precise entries
Trendline Types Explained
Up Trendlines: Connect ascending lows, act as support
Down Trendlines: Connect descending highs, act as resistance
External: Connect the outermost pivots
Internal: Connect pivots within the major structure
Best Timeframes
Works effectively on all timeframes:
Scalping: 1m, 5m, 15m charts
Day Trading: 15m, 1H, 4H charts
Swing Trading: 4H, Daily, Weekly charts
Position Trading: Daily, Weekly, Monthly charts
Important Notes
The indicator repaints trendlines as new pivots form - this is by design to maintain accuracy
Historical trendlines that have been broken are automatically extended to show past levels
Use multiple timeframe analysis for best results
Combine with other indicators for trade confirmation
Always use proper risk management
Alert Integration
This indicator uses the TradingFinder Alert Library for enhanced alert functionality, providing detailed notifications for all trendline interactions.
Version History
v6: Current version with full alert integration and enhanced trendline validation
Disclaimer: This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Always conduct your own analysis and use proper risk management when trading.
Note: This is an overlay indicator that draws directly on your price chart. Ensure you have sufficient chart history loaded for optimal performance.
Weekly + Daily Levels, Asia Range, US Settle This Pine Script—"Weekly Daily Levels Asia Range US Settle"—was originally designed for Forex trading, and has since been successfully adapted to Bitcoin and crypto markets. It maps out institutional key levels and session-based price zones, providing a clean, structured framework for intraday and swing trading.
🔧 Key Levels & Logic
🟢 1. Weekly Levels
Captures High, Low, and Midpoint (50%) of the previous trading week
Reset every Sunday at 5:00 PM New York time (17:00 ET)
Helps identify macro structure, liquidity zones, and weekly bias
🟠 2. Daily Levels
Captures High, Low, and Midpoint (50%) of the previous trading day
Resets daily at 5:00 PM New York time (17:00 ET)
Ideal for short-term support/resistance and mean-reversion zones
🔵 3. Asia Session Range
Captures High, Low, and Midpoint from 8:00 PM to 3:00 AM NY time (20:00–03:00 ET)
Frequently acts as a pre-breakout base for London or US session volatility
🔷 4. US Settle (Friday Only)
Captures the midpoint of the final 15-minute candle on Friday at 4:45 PM New York time (16:45 ET)
Draws a box (high-low) and midline to mark this institutional closing price
Useful for gap-fills, mean-reversion, and weekend-to-Monday setups
📊 Recommended Pairing for Trend Trading
To reduce noise and filter false signals, it’s highly advised to combine this level-based framework with:
✅ Exponential Moving Averages (EMA)
Use the 20, 50, 200, and 800 EMAs
For trend following:
Price above 20/50/200 = bullish alignment
Price below 20/50/200 = bearish alignment
800 EMA can act as macro-level magnet/support
✅ PVRSA Volume (Price-Volume-Support-Analysis)
Helps detect volume anomalies and distinguish real breakouts from false moves
Pay attention to climactic volume, stopping volume, and smart money footprints during key level interactions
Combining EMA structure and PVRSA volume with this script’s levels provides a robust trend-trading strategy, avoiding common traps from random level retests or low-volume breakouts.
🚀 Why This Works for Bitcoin
BTC respects session-defined highs/lows similar to forex
Price reacts strongly to Asia range breaks, NY opens, and weekly levels
The US settle level on Friday adds institutional context often ignored in crypto
Pairing it with volume + trend structure improves timing and accuracy
⚙️ Technical Features
Uses request.security() to pull data from a configurable low timeframe (default: 1m)
Fully customizable: colors, line widths, extension lengths
Intelligent label grouping for overlapping levels
Designed for precision on 15-minute or lower timeframes
✅ Best Used For
Intraday reversals and breakouts
Trend trading with EMA alignment
London and NY session range plays
Weekend price planning using US settle mid
Volume confirmation using PVRSA
MTF Custom Synthetic IndexMTF Custom Synthetic Index - Ultimate Index Creation Tool
🎯 What is this indicator?
The MTF Custom Synthetic Index is a powerful, fully customizable indicator that allows you to create your own synthetic index using up to 6 different instruments of your choice. Unlike traditional indices, this tool gives you complete control over instrument selection, weightings, and calculation methodology.
⭐ Key Features
🔧 Complete Customization
Choose ANY instruments: Forex pairs, stocks, commodities, indices, cryptocurrencies, bonds, etc.
Manual weight control: Set exact percentage weights for each instrument (must total 100%).
Flexible instrument direction: Ability to invert enabled instruments that move opposite to your desired index direction (i.e. you can use instruments that are negatively correlated).
📊 Multi-Timeframe Analysis
Simultaneous monitoring: View index strength across up to 3 additional timeframes.
Strength rating system: Automatic classification (Very Strong, Strong, Neutral, Weak, Very Weak).
Normalization options: Z-Score, Min-Max, or Percentage methods for timeframe comparison.
Visual summary table: Real-time strength ratings for all timeframes.
🎨 Professional Visualization
Clean chart display: Smooth index strength line with customizable styling.
Dynamic labelling: Real-time value display with strength ratings.
Color-coded indicators: Visual strength representation with intuitive colour schemes.
💡 Use Cases
🌍 Currency Strength Analysis
USD Index: Combine EURUSD (inverted), USDJPY, AUDUSD (inverted), etc.
EUR Index: Combine EURUSD, EURGBP, EURJPY, etc.
Multi-currency baskets: Track regional currency performance.
📈 Sector/Industry Tracking
Technology sector: Combine AAPL, MSFT, GOOGL with custom weights.
Energy sector: Combine oil, gas, and energy stocks.
Precious metals: Combine gold, silver, platinum with custom allocations.
🏛️ Macro Economic Indices
Interest rate sensitivity: Combine bonds, currency pairs, and rate-sensitive stocks.
Inflation hedges: Combine commodities, TIPS, and inflation-sensitive assets.
Risk appetite: Combine safe havens vs. risk assets.
💰 Portfolio Replication
Custom benchmarks: Create indices that match your specific portfolio allocation.
Strategy testing: Build theoretical indices to test investment strategies.
🔥 Key Benefits
✅ Precision Control
Exact weight specifications with mandatory 100% total.
Choose instruments that matter to your trading strategy.
Advanced ADX/DI calculation methodology with configurable parameters.
✅ Versatile Application
Works with any asset class available on TradingView.
Suitable for scalping, day trading, swing trading, and long-term analysis.
Perfect for both retail and institutional approaches.
✅ Multi-Timeframe Insights
Quickly and easily pot divergences between timeframes.
Confirm trends across multiple time horizons.
Make better-informed trading decisions.
⚙️ Technical Specifications
Calculation Method
Base algorithm: Advanced ADX (Average Directional Index) with Directional Indicators.
Bias calculation: Normalized or raw DI difference with ADX weighting.
Smoothing options: Configurable periods for DI calculation and ADX smoothing.
Validation & Safety
Weight validation: Must total exactly 100% - prevents calculation errors.
Data integrity: Handles missing data and invalid symbols gracefully.
Timeframe validation: Prevents duplicate or invalid timeframe selections.
🚀 Perfect For
Currency traders seeking custom dollar/euro/yen/etc strength indices.
Commodity traders seeking custom precious metal/energy/etc strength indices.
Portfolio managers needing custom benchmark creation.
Macro traders building economic strength indicators.
Systematic traders requiring precise, repeatable index calculations.
📋 Quick Start
Add the indicator to your chart
Configure instruments: Select your desired symbols and weights (must total 100%).
Set timeframes: Choose additional timeframes for multi-timeframe analysis.
Customize display: Adjust colors, labels, and table settings to your preference.
Start trading: Use the index strength readings to guide your trading decisions.
⚠️ Important Notes
Weights must total exactly 100%: The indicator will show an error if weights don't add up correctly.
Data requirements: All selected instruments must have available data for the calculation to work.
Timeframe selection: Multi-timeframe analysis requires different timeframes from your main/selected chart.
Transform your trading with the power of custom index creation. Take control of your analysis and build indices that truly matter to your trading strategy.
Previous VWAP Levels by Riotwolftrading The "Previous VWAP" indicator calculates and displays the previous session's Volume Weighted Average Price (VWAP) for five timeframes (Daily, Weekly, Monthly, Quarterly, Yearly).
Each VWAP is plotted as a horizontal line extending to the right edge of the chart, with customizable labels at the right to identify each level. The indicator is designed for traders who want to visualize key price levels from prior periods without cluttering the chart with current VWAPs or additional metrics like standard deviations.
**Functionality**:
- **Calculates Previous VWAPs**: Computes the VWAP for the previous session of each timeframe (Daily, Weekly, Monthly, Quarterly, Yearly) based on the input source (default: `hlc3`) and volume.
- **Visual Style** : Uses `line.new` to draw horizontal lines from five bars back to the current bar, ensuring the lines extend to the right edge of the chart. Labels are placed at the right edge using `label.new` for clear identification.
- **Customization** : Allows users to toggle visibility, adjust line styles, widths, colors, and label sizes, and choose between abbreviated or full label text.
- **Minimalist Design**: Focuses solely on previous VWAPs, omitting current VWAPs, rolling VWAPs, and standard deviation bands to keep the chart clean.
**Intended Use**: This indicator is useful for traders who rely on historical VWAP levels as support/resistance or reference points for trading decisions, particularly in strategies involving mean reversion or breakout trading.
---
### Rules and Features
*VWAP Calculation**:
- The VWAP is calculated as the cumulative sum of price (`src`) multiplied by volume (`sumSrcVol`) divided by the cumulative volume (`sumVol`) for each timeframe.
- The "previous VWAP" is the VWAP value from the prior session, captured when a new session begins (e.g., new day, week, month, etc.).
- The indicator uses the `hlc3` (average of high, low, close) as the default source, but users can modify this in the settings.
**Timeframes**:
- **Daily**: Previous day's VWAP.
- **Weekly**: Previous week's VWAP.
- **Monthly**: Previous month's VWAP.
- **Quarterly**: Previous quarter's VWAP (3 months).
- **Yearly**: Previous year's VWAP (12 months).
- New sessions are detected using `ta.change(time(period))` for each timeframe.
**Line Drawing**:
- Lines are drawn using `line.new` from `time ` (five bars back) to the current bar (`time`), ensuring they extend to the right edge of the chart.
- Lines are updated only on the last confirmed bar (`barstate.islast`) to optimize performance and avoid repainting.
- Previous lines are deleted (`line.delete`) to prevent overlapping or clutter.
**Labels**:
- Labels are drawn at the right edge (`x=time`, `xloc=xloc.bar_time`) with `label.new`.
- Users can choose between abbreviated labels (e.g., "pvD" for Previous Daily VWAP) or full labels (e.g., "Prev Daily VWAP").
- Label sizes are customizable (`tiny`, `small`, `normal`, `large`, `huge`).
- Labels are deleted (`label.delete`) on each update to maintain a clean chart.
5. **Customization Options**:
- **Visibility**: Toggle each VWAP (Daily, Weekly, Monthly, Quarterly, Yearly) on or off.
- **Colors**: Individual color settings for each VWAP line and label (default colors: Daily=#E12D7B, Weekly=#F67B52, Monthly=#EDCD3B, Quarterly=#3BBC54, Yearly=#2665BD).
- **Line Style**: Choose from `solid`, `dotted`, or `dashed` lines.
- **Line Width**: Adjustable from 1 to 4 pixels.
- **Label Settings**: Enable/disable labels, abbreviate text, and select label size.
- **Source**: Customize the price source (default: `hlc3`).
**Performance Optimization**:
- The indicator only updates lines and labels on the last confirmed bar to minimize computational overhead.
- Uses `var` to initialize variables and avoid unnecessary recalculations.
- Deletes previous lines and labels to prevent chart clutter.
---
### Usage Instructions
1. **Add to Chart**:
- In TradingView, go to the Pine Editor, paste the script, and click "Add to Chart."
- The indicator will overlay on the price chart, showing previous VWAP lines and labels.
2. **Configure Settings**:
- Open the indicator settings to customize:
- Toggle visibility of each VWAP timeframe.
- Adjust colors, line style, and width.
- Enable/disable labels, choose abbreviation, and set label size.
- Modify the source if needed (e.g., use `close` instead of `hlc3`).
3. **Interpretation**:
- **Previous VWAPs**: Act as dynamic support/resistance levels based on the prior session's volume-weighted price.
- **Timeframes**: Use shorter timeframes (Daily, Weekly) for intraday/swing trading, and longer timeframes (Monthly, Quarterly, Yearly) for positional trading.
- **Labels**: Identify each VWAP level at the right edge of the chart for quick reference.
4. **Best Practices**:
- Use on charts with sufficient volume data, as VWAP relies on volume (a warning is triggered if no volume data is available).
- Combine with other indicators (e.g., moving averages, RSI) for confirmation in trading strategies.
- Adjust line styles and colors to avoid visual overlap with other chart elements.
---
### Example Use Case
A trader using a 1-hour chart can add the "Previous VWAP" indicator to identify key levels from the prior day, week, or month. For example:
- The Previous Daily VWAP might act as a support level for a bullish trend.
- The Previous Weekly VWAP could serve as a target for a swing trade.
- Labels at the right edge make it easy to identify these levels without cluttering the chart.
This indicator provides a clean, customizable way to visualize previous VWAPs, making it ideal for traders who want historical price context with minimal chart noise. For the complete Pine Script code, refer to the artifact provided in the previous response.
Multi-Timeframe 5 EMA Static (1m,5m,15m,1h,4h,1D)Indicator Description: Multi-Timeframe EMA with Consistent Colors
This indicator plots Exponential Moving Averages (EMAs) of varying lengths on a chart across multiple timeframes. It provides traders with the ability to visualize key EMAs for different lengths and timeframes simultaneously, offering perspective on trends and support/resistance levels across multiple timeframes.
This script includes 5 EMAs (8 EMA, 21 EMA, 50 EMA, 200 EMA, and 800 EMA) and covers the following timeframes:
1-Minute
5-Minute
15-Minute
1-Hour
4-Hour
Daily
Key Features:
1. Multi-Timeframe Analysis:
The indicator calculates and displays EMAs for 6 distinct timeframes, enabling traders to spot trend dynamics, reversals, or price action alignment between lower and higher timeframes.
2. Consistent Colors:
Each EMA length is assigned a unique color across all timeframes, making it easy to identify and compare:
8 EMA: Yellow — Short-term moving average that reflects immediate price trends.
21 EMA: Dark Red — Useful for identifying short-term supportive/resistance levels and trends across timeframes.
50 EMA: Orange — Mid-range trend-following line, helpful for swing trading.
200 EMA: Black — Long-term trend measure, widely regarded as a critical line for defining market direction.
800 EMA: Violet — Ultra-long-term trend used by advanced traders for significant macro analysis.
3. EMA Calculation Based on Candle Close:
EMAs are calculated using the closing prices of candles for the respective timeframe.
Example: The 1-Minute EMA reflects price movements on every 1-minute candle close, whereas the Daily EMA reflects price movements on the daily timeframe's candle close.
4. Visual Representation:
All EMAs are plotted as smooth lines using , ensuring a clean and continuous visualization of trends.
Use Cases:
1. Trend Identification:
Lower timeframe EMAs (e.g., 8 EMA on 1-Min) reveal short-term price movements.
Higher timeframe EMAs (e.g., 200 EMA on Daily) represent macro trends, enabling traders to align their trades with larger market structures.
2. Dynamic Support and Resistance:
50 EMA and 200 EMA act as common support and resistance levels across multiple timeframes.
Traders can evaluate zones of confluence where prices interact across different timeframe EMAs.
3. Cross-Timeframe Analysis:
By spotting price alignment and interactions with EMAs across timeframes, traders can make more informed decisions about entries, exits, and trend reversals.
For example: If price is breaking above the 800 EMA on multiple timeframes, it signals a potentially major bullish move.
Why Use This Indicator?
1. Timeframe-Specific Precision:
This indicator provides precise EMA calculations tied to their specific timeframes. For example:
The 1-Minute EMA for each length shows rapid short-term price trends.
The Daily EMA for each length tracks slow-moving trends over time.
This allows traders to analyze price action both locally and globally.
2. Consistent Color Coding Across Timeframes:
The uniform coloring of EMA lengths ensures clarity and consistency during analysis. Traders can easily spot common EMA levels (e.g., 50 EMA) across multiple timeframes.
3. Support for Scalping, Swing Trading, and Long-Term Analysis:
Whether you're a scalper focusing on 1-Minute trends or a swing trader targeting Daily trends, this indicator helps align decisions across different timeframes.
How the Indicator Works:
1. Calculation Logic:
EMAs are calculated dynamically using the function, which fetches data for each specific timeframe, allowing the chart to overlay all timeframe calculations accurately. For example:
8 EMA on 5-Minute timeframe calculates the EMA based on the closing prices of the 5-Minute candles.
2. Plotting Logic:
The indicator plots all EMAs with a unique color and label for easy differentiation. For instance, each EMA (e.g., 8 EMA) is consistently displayed in the same color (Yellow) across all timeframes.
3. Line Style:
All EMAs are displayed using the setting to ensure smooth and continuous lines on the chart.
Example Visualization:
Imagine the chart with:
Yellow 8 EMA across all timeframes showing rapid, short-term trends.
Orange 50 EMA showing mid-level trends and acting as dynamic support/resistance across 1-Minute, 15-Minute, and Daily candles.
Black 200 EMA clearly defining long-term market direction for all timeframes.
Traders can identify confluence zones where the price interacts with multiple timeframe EMAs, offering actionable signals.
Indicator Parameters:
Included Timeframes:
1-Minute
5-Minute
15-Minute
1-Hour
4-Hour
Daily
Included EMA Lengths:
8 EMA
21 EMA
50 EMA
200 EMA
800 EMA
How to Use This Indicator:
Add the Pine Script Code to the TradingView Pine Script Editor.
Click "Add to Chart".
Observe EMAs calculated for:
Lengths: 8, 21, 50, 200, 800.
Timeframes: 1-Min, 5-Min, 15-Min, 1-Hour, 4-Hour, Daily.
Use consistent colors to spot interactions, trends, and confluence zones across timeframes.
Summary:
This indicator is ideal for traders wishing to analyze trends, support/resistance levels, and market alignment across multiple timeframes while maintaining clarity through consistent EMA color coding. It serves scalpers, swing traders, and long-term strategists by bridging short-term price action with broader market behavior.
HTF Candle Projection by @TATraderSid(The Journal App Team)HTF Candle Projection Indicator
Overview
A professional multi-timeframe analysis tool that projects Higher Timeframe (HTF) candles onto lower timeframe charts with real-time countdown timer and optional zone highlights.
Key Features
📊 HTF Candle Projection
Visual HTF Candles: Projects last 2-3 HTF candles as transparent boxes with wicks
Color Coding: Green for bullish, red for bearish candles
Configurable Offset: Positions candles to the right of current price action
Clean Design: Minimal chart clutter with professional appearance
⏰ Real-Time Timer Box
Live Countdown: Shows time remaining until next HTF candle close (MM:SS format)
Symbol Display: Current trading pair (e.g., BTCUSDT)
Timeframe Model: Shows current TF to HTF relationship (e.g., 15m–60m)
HTF Bias: Real-time bullish/bearish/neutral bias indication
Top-Right Position: Fixed position that doesn't interfere with chart analysis
🎯 Optional Features
Session Zones: Previous day high/low shaded areas
HTF Levels: Optional HTF high/low reference lines (disabled by default)
Risk/Reward Framework: Structure for manual trade planning
Settings
Main Configuration
Higher Timeframe: Select HTF (default: 60 minutes)
Number of HTF Candles: Display 1-5 historical candles
Offset Bars: Distance from current price action
Show Timer Box: Toggle countdown timer display
Show Session Zones: Optional support/resistance zones
Display Options
Show HTF Levels: Toggle HTF high/low reference lines
Color Customization: Bullish/bearish candle colors
Transparency Settings: Adjustable candle body transparency
Best Use Cases
Multi-Timeframe Analysis
Scalping: Use 5m/15m charts with 1H/4H HTF candles
Swing Trading: Use 1H/4H charts with daily/weekly HTF candles
Trend Confirmation: Align lower TF entries with HTF direction
Timing Entries
HTF Candle Closes: Time entries around HTF candle completions
Bias Changes: Monitor HTF bias shifts for trend changes
Support/Resistance: Use projected HTF levels for key zones
Technical Specifications
Pine Script v6: Latest TradingView scripting version
Real-Time Updates: Uses request.security() for precise HTF data
Performance Optimized: Efficient rendering with minimal resource usage
Cross-Timeframe Compatible: Works on all timeframe combinations
Installation & Usage
Add indicator to chart
Select desired Higher Timeframe
Adjust number of candles and offset
Enable timer box for countdown functionality
Optionally enable session zones and HTF levels
Recommended Settings
For Scalping: 15m chart with 60m HTF, 3 candles, 10 bar offset
For Swing Trading: 1H chart with 240m HTF, 2 candles, 15 bar offset
For Position Trading: 4H chart with 1D HTF, 3 candles, 20 bar offset
Perfect for traders who need precise multi-timeframe analysis with professional visual presentation and real-time timing information.
Institutional Footprint Marker (MTF) 3.0Institutional Footprint Marker (MTF) 3.0
Indicator Description & Overview
1. Understanding Institutional Buying (IB) and Institutional Selling (IS)
• Concepts:
o Institutional Buying (IB):
Large-scale buying by institutions (e.g., banks, hedge funds, proprietary firms).
Accumulates positions at discounted prices during consolidation or base zones.
Precedes a bullish impulsive move to avoid alerting retail traders.
o Institutional Selling (IS):
Institutions offload holdings at premium prices after price stability (e.g., range or base).
Followed by a bearish impulsive move as they distribute to retail buyers.
• Purpose:
o Identify smart money footprints to align trades with institutional intent.
o Detect zones where institutions accumulate (IB) or distribute (IS) for high-probability setups.
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2. SMC + IB/IS: Use & Benefits
• Overview:
o Combines Smart Money Concepts (SMC) with IB/IS zones to track institutional activity.
o Uses SMC signals like Break of Structure (BOS), Change of Character (CHoCH), and liquidity sweeps.
• Benefits:
o Align with Smart Money: Detects institutional accumulation (IB) or distribution (IS) via structure breaks and liquidity traps.
o Refined Entries/Exits: Confirms zone validity using BOS/CHoCH for precise trade timing.
o Filters Fadeouts: Liquidity sweeps validate genuine moves, reducing false signals.
o Higher Accuracy: Combining structure shifts with zone re-entries improves trade precision.
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3. Institutional Buying & Selling with SMC: Core Features
• Indicator Overview:
o An advanced price-action-based indicator that identifies IB/IS zones with precision.
o Integrates SMC signals, price structure shifts, and premium/discount logic.
• Key Features:
o IB/IS Zone Achievement Logic:
Tracks price reactions to confirm institutional intent.
Reduces false signals by validating zone quality.
o Auto Fibonacci Mapping:
Plots premium and discount zones based on swing structure.
Identifies optimal entry points within IB/IS zones.
o Zone Visualization:
Displays color-coded, labeled boxes for IB/IS zones.
Ensures clarity in multi-timeframe environments.
o SMC + Zone Combo:
Combines trend logic with zone re-tests for precise reversal/continuation setups.
o Smart Filter Mechanism:
Filters low-quality zones using volume, fakeouts, and structural context.
• Purpose:
o Provides a complete institutional-level toolkit for traders to align with smart money and capture high-probability opportunities.
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4. How It Works: Zone Pattern Detection
• Patterns Tracked:
o IBC (Institutional Buy Continue):
Strong bullish impulsive move → brief consolidation → continued bullish trend.
Represents an Institutional Demand Zone.
o IBR (Institutional Buy Reversal):
Bearish move → consolidation base → sharp bullish reversal.
Represents a Reversal Demand Zone.
o ISC (Institutional Sell Continue):
Bearish impulsive move → brief consolidation → continued bearish momentum.
Represents an Institutional Supply Zone.
o ISR (Institutional Sell Reversal):
Bullish move → consolidation → strong bearish reversal.
Represents a Reversal Supply Zone.
• Detection Logic:
o Uses candle formation, strength, volume, and structure logic to identify patterns.
o Pinpoints institutional intent for continuation or reversal setups.
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5. Detailed Features of the Indicator
5.1 Trading Mode Logic
• Modes: Manual, Aggressive, Conservative
• Functionality:
o Dynamically adjusts filters (volume multipliers, candle patterns, zone quality) based on mode.
o Conservative Mode: Stricter filters for high-probability setups.
o Aggressive Mode: Looser filters for faster entries.
o Manual Mode: Customizable settings for flexibility.
• Parameters Adjusted:
o Candle body-to-range ratio.
o Volume multipliers.
o SMA-based filters.
• Benefits:
o Eliminates manual tweaking for different trading styles (scalping, swing, investing).
o Avoids overfitting and ensures trades align with smart money interest.
5.2 Base Candle Grouping and Validation
• Feature:
o Accumulates multiple base candles (1–3 or 1–5) before an explosive move.
• Benefit:
o Confirms zone strength by ensuring zones are based on actual accumulation/consolidation, not single weak candles.
5.3 Explosive Candle & Volume Filter
• Feature:
o Identifies explosive breakout candles using:
Candle body-to-range ratio.
ATR-based size threshold.
Above-average volume.
• Benefit:
o Filters out fake breakouts and weak moves for reliable zones.
5.4 Zone Drawing Engine (HTF & LTF)
• Feature:
o Draws colored zones with:
Boxes with borders.
Extension to the right.
Adjustable marking (Wick-to-Wick or Body-to-Wick).
• Benefit:
o Provides visual clarity to spot institutional action instantly.
5.5 Multi-Timeframe Data Management
• Feature:
o Pulls OHLC and volume data from higher timeframes (HTF) and lower timeframes (LTF).
• Benefit:
o Enhances zone accuracy by aligning with broader market context.
5.6 Candle Coloring for Visual Context
• Feature:
o Colors candles based on type:
Bullish Explosive: Green.
Bearish Explosive: Red.
Boring/Base: Blue.
• Benefit:
o Offers visual cues for momentum vs. accumulation phases.
5.7 Auto Entry/SL/TP Plotting with R:R
• Feature:
o Displays:
Entry line with price.
Stop Loss (below/above zone).
Target based on Risk: Reward ratio.
o Extras:
ITM strike price calculation.
Optional % gain/loss label.
• Benefit:
o Enables instant trade planning for options, futures, or intraday setups.
5.8 Zone Achievement & Mitigation Tracking
• Feature:
o Detects price revisits or zone breaks.
o Automatically removes mitigated zones.
• Benefit:
o Keeps charts clean and prevents overtrading invalid zones.
5.9 Premium–Discount Analysis Tools
• Feature:
o Divides zone height into three bands:
Discount: Bottom (buy low).
No-trade Zone: Middle.
Premium: Top (sell high).
• Benefit:
o Refines entry selection for optimal value within zones.
5.10 Label, Border, and Style Controls
• Feature:
o Customizable options for:
Border width, box color, text size.
Toggle labels on/off.
Proximal/distal labeling.
• Benefit:
o Offers UI flexibility for professional or minimalist setups.
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6. SMC – CHoCH and BOS Detection Module
• Purpose:
o Detects Change of Character (CHoCH) and Break of Structure (BOS) using swing highs/lows.
o Marks validated institutional demand/supply zones.
• Features:
o Swing High/Low Detection:
Identifies swing points (highest high/lowest low over past candles).
Establishes reference points for structural breaks.
o CHoCH Logic:
Bullish CHoCH: Price breaks above last swing high.
Bearish CHoCH: Price breaks below last swing low.
Signals potential market reversal.
o BOS Logic:
Bullish BOS: Price breaks previous max in an uptrend.
Bearish BOS: Price breaks previous min in a downtrend.
Validates trend continuation for trend-following entries.
o Zone Achievement Marker:
Marks validated IB/IS zones with symbols (e.g., Diamond, Circle) at the Proximal Line.
Indicates high-conviction trade levels.
• Benefits:
o Confirms institutional zones with market structure.
o Enhances trade precision with reversal/continuation signals.
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7. Institutional Premium & Discount Detection Module
• Purpose:
o Identifies candles with significant institutional activity using volume spikes, candle body-to-range ratios, and wick analysis.
• Core Logic:
o Detects candles with:
Strong body (large close–open).
Minimal wick interference.
Volume significantly above average.
o Labels candles:
S: Significant volume spikes.
X: Extreme volume spikes.
I: Institutional footprint entries.
X (Low Volume): Volume absorption candles.
• Input Configuration:
o Candle Strength Inputs: Number of candles for volume average (default: 20).
o Volume Multipliers:
Significant: 2.5× average.
Extreme: 3.5× average.
Institutional: 3.5× average.
• Benefits:
o Highlights high-interest institutional candles.
o Differentiates regular activity from aggressive entry points.
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8. Smart Money Concept – Structure + FVG + Premium/Discount Zones
• Integrated Features:
o Structure Break Detection (CHoCH/BOS):
Detects highs/lows using user-defined lookback.
Labels as B (Break) or C (Change) for continuation or reversal.
o Fair Value Gap (FVG) Detection:
Identifies bullish/bearish FVGs with auto-mitigation logic.
Marks inefficiency zones for potential smart money re-entries.
o Current Market Structure Display:
Draws real-time high/low structural levels for support/resistance.
o Auto Fibonacci Levels:
Plots customizable levels (e.g., 1.0, 0.78, 0.71, 0.5, 0.0).
Highlights premium (expensive) and discount (cheap) zones.
o Premium/Discount Zone Signals:
Confirms touches at key levels (e.g., 0.71) with FVG and volume validation.
Marks high-probability zones with B (Buy) or S (Sell) labels.
• Benefits:
o Combines volume, structure, and inefficiency logic for high-probability setups.
o Reduces false signals and aids in precise entry/exit planning.
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9. Institutional Order Blocks + Fair Value Gaps (FVG)
• Input Settings:
o Toggles for plotting Order Blocks (OB), FVG, and Pivots.
o OB detection modes: Wick-to-Wick, Body-to-Wick, 1–3 candle groups.
o Customizable colors, transparency, and labels.
• OB Detection Logic:
o Bullish OB:
Strong bullish candle + valid OB structure + FVG + volume/delta confirmation.
o Bearish OB:
Same logic in bearish direction.
o OB Types:
OB+/OB-: Significant volume.
OB++/OB--: Extreme volume.
• OB Plotting & Mitigation:
o Plots zones with clear visuals.
o Recolors mitigated OBs and marks with arrows (▼ for Bull OB, ▲ for Bear OB).
• FVG Detection:
o Identifies regular and structure-breaking FVGs.
o Plots as shaded zones with borders.
• Benefits:
o Detects institutional footprints with volume-delta confluence.
o Clearly shows price inefficiencies targeted by smart money.
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10. Inside Candle Detection
• Settings:
o Enable Inside Candle Detection: Turns on/off inside candle logic.
o Enable Bar Coloring: Highlights inside candles with a selected color.
o Bar Color: Customizes color for consolidation candles.
• Benefits:
o Visually identifies consolidation zones for breakout setups.
o Enhances clarity in spotting institutional accumulation/distribution.
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11. Trend Meter Logic
• Purpose:
o Displays a multi-timeframe trend summary in the top-right corner with arrow symbols.
• Features:
o Enable/Disable: Toggles the trend meter panel.
o Timeframe Selection: Customizable TFs (e.g., Daily, Weekly, Monthly).
o Moving Average Logic: Uses SMA to compare price:
Price > MA → Bullish (▲ green).
Price < MA → Bearish (▼ red).
o Output Display: Table with "Trend" label in green (bullish) or red (bearish).
• Benefits:
o Compact and non-intrusive trend overview.
o Assesses trend alignment across timeframes for better trade decisions.
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12. 3-in-1 Colored SMA/EMA
• Features:
o Visibility Controls: Toggle three MAs (short-term, mid-term, long-term).
o Color-Coding:
MA1: Blue (default).
MA2: Gray (default).
MA3: Green (rising), Red (falling).
o Crossover Markers:
MA1 crosses MA2 → Green (+) for bullish, Red (+) for bearish.
• Benefits:
o Customizable and minimalistic trend visualization.
o Highlights momentum shifts for entry/exit triggers.
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13. Higher Timeframe Projection Candles View
• Features:
o Projects HTF candles (e.g., Weekly/Monthly) as boxes on LTF charts.
o Supports dual timeframes (e.g., 1W and 1M).
o Smart Shifting: Auto-shifts past candles for new HTF rendering.
o Table Display: Shows status/errors for invalid TF combinations.
o Location Controls: Adjusts gap between TF1 and TF2 for clarity.
• Benefits:
o Aligns micro and macro trends for institutional range analysis.
o Visualizes HTF support/resistance and liquidity zones.
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14. No Gaps Candle (Invisible Gap Fill)
• Features:
o Detects bullish/bearish gaps (open vs. close ).
o Filters gaps by minimum % size (default: 3%).
o Fills gaps with transparent candles or colored boxes (Green: bullish, Red: bearish).
o Adjustable opacity and color controls.
• Benefits:
o Smooths chart visuals by filling gaps.
o Tracks liquidity voids for institutional insights.
15. Summary: Why This Indicator is Powerful (Simplified & Deepened)
The IB/IS + SMC Indicator is a game-changer for traders because it combines powerful tools to track smart money (institutional activity) and make trading decisions easier, more accurate, and adaptable to any trading style. Here’s why it stands out, explained simply and deeply:
• Multi-Timeframe Pattern Logic: Understands Institutional Moves Across Charts
o The indicator analyzes price action on multiple timeframes (e.g., 1-minute, 1-hour, daily) to spot where big players like banks and hedge funds are buying (IB) or selling (IS).
o By combining higher timeframe (HTF) context (big-picture trends) with lower timeframe (LTF) precision (entry points), it ensures you’re trading in line with the market’s true direction.
o Why It Matters: This prevents you from being tricked by short-term price noise and aligns your trades with the institutional intent, increasing your win rate.
• Auto Entry, Stop Loss, and Target Planning: Trade Without Guesswork
o The indicator automatically plots entry points, stop losses (SL), and take-profit (TP) levels based on IB/IS zones and Risk:Reward ratios.
o It also shows percentage gain/loss and calculates in-the-money (ITM) strike prices for options or futures trading.
o Why It Matters: You don’t need to manually calculate or draw levels, saving time and reducing errors. It’s like having a pro trader’s blueprint for every trade.
• Mitigation Control: Clean Charts, Focused Trading
o Once a zone is revisited or broken (mitigated), the indicator removes it from the chart to avoid clutter.
o This ensures you only focus on valid, active zones where institutions are still likely to act.
o Why It Matters: A clean chart prevents confusion and stops you from trading outdated or low-probability setups, keeping your strategy sharp.
• Mode-Based Settings: Fits Any Trading Style
o Offers three modes—Conservative, Aggressive, and Manual—to match your trading style (scalping, swing trading, or long-term investing).
o Conservative Mode: Stricter filters for high-confidence trades.
o Aggressive Mode: Faster signals for quick scalping.
o Manual Mode: Lets you customize settings for full control.
o Why It Matters: Whether you’re a fast-paced day trader or a patient investor, the indicator adapts to your needs, making it versatile and user-friendly.
• No Repainting Logic: Trustworthy Signals for Live Trading
o The indicator’s signals don’t change after they appear (no repainting), ensuring reliability in real-time trading.
o It uses real-time data like volume, candle strength, and structure to confirm signals, avoiding false or misleading setups.
o Why It Matters: You can trust the signals to make confident decisions, especially in fast-moving markets, without worrying about the indicator “cheating” by redrawing past signals.
• Combined Power of Tools: A Complete Institutional Trading Toolkit
o The indicator integrates institutional volume analysis (tracking big money moves), market structure detection (CHoCH, BOS), Fair Value Gaps (FVG) (price inefficiencies), premium/discount zones (best entry prices), and mitigation tracking (zone validity).
o Together, these tools create a holistic system that mimics how institutions trade, giving you an edge over retail traders.
o Why It Matters: Instead of juggling multiple indicators, you get one powerful tool that combines everything needed to spot high-probability trades, plan entries/exits, and stay aligned with smart money.
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Overall Advantage (Simplified & Deep)
This indicator is like having a smart money GPS for trading. It doesn’t just show you where institutions are buying or selling—it gives you the exact tools to trade alongside them with confidence. By combining multi-timeframe analysis, automatic trade planning, clean chart management, flexible settings, and reliable signals, it simplifies complex institutional strategies into an easy-to-use, all-in-one system. Whether you’re a beginner or a pro, this indicator helps you trade smarter, avoid traps, and capture high-probability opportunities with precision.
Disclaimer:
This indicator is for informational and analytical purposes only and does not provide trade recommendations or financial advice. Trading involves significant risks, and users should conduct their own research, consider their risk tolerance, and consult a financial advisor before making trading decisions. The indicator’s signals are based on historical and real-time data, and past performance does not guarantee future results.
