Bogdan Ciocoiu - Sniper EntryWhat is Sniper Entry
Sniper Entry is a set indicator that encapsulates a collection of pre-configured scripts using specific variables that enable users to extract signals by interpreting market behaviour quickly, suitable for 1-3min scalping. This instrument is a tool that acts as a confluence for traders to make decisions concerning current market conditions. This indicator does not apply solely to an asset.
What Sniper Entry is not
Sniper Entry is not interpreting fundamental analysis and will also not be providing out of box market signals. Instead, it will provide a collection of integrated and significantly improved open-source subscripts designed to help traders speculate on market trends. Traders must apply their strategies and configure Sniper Entry accordingly to maximise the script's output.
Originality and usefulness
The collection of subscripts encapsulated in this tool makes it unique in the Trading View ecosystem. This indicator enables traders to consider entry positions or exit positions by comparing similar algorithms at once.
Its usefulness also emerges from the unique configurations embedded in the indicator's settings, which are different from those of the original scripts.
This indicator's originality is also reflected in how its modules are integrated, including the integration of the settings.
Open-source reuse
I used the following open-source resources, which I simplified significantly and pre-configured for short term scalping. The source codes for the below are already in the public domain, including the following links listed below.
www.tradingview.com (open source)
(open source and generic algorithm)
www.tradingview.com (open source)
(open source)
(open source)
www.tradingview.com (generic MA algorithm and open source)
(generic VWAP algorithm and open source)
Cerca negli script per "vwap"
AggBands (v1) [qrsq]The "AggBands" indicator is a custom trading indicator designed to provide a consolidated view of the price action across multiple assets or trading pairs. It combines the price data from multiple tickers and calculates an aggregated price using user-defined weights for each ticker.
The indicator starts by defining the tickers to be included in the aggregation. You can choose from predefined configurations such as "BTC PAIRS," "CRYPTO TOTAL MARKET CAP," "TOP 5 PAIRS," "TOP 5 MEMECOINS," "SPX," "DXY," or "FANG." Each configuration includes specific tickers or indices relevant to the chosen category.
The indicator then fetches the closing, high, and low prices for each ticker and applies the user-defined weights to calculate the aggregated prices. The aggregated prices are normalized within a specified length to provide a consistent scale across different assets or pairs.
Next, the indicator calculates the midpoint, which is the average of the highest high and lowest low of the aggregated prices over a specified aggregation period.
To assess the volatility, the indicator calculates the price range and applies the Average True Range (ATR) indicator to determine the volatility value. The standard deviation is then computed using the price range and aggregation period, with an additional scaling factor applied to the volatility value.
Based on the standard deviation, the indicator generates multiple bands above and below the midpoint. By default, three standard deviation bands are calculated, but the user can choose between one and five bands. The upper and lower bands are smoothed using various moving average (MA) types, such as Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA/RMA), Weighted Moving Average (WMA), Volume Weighted Moving Average (VWMA), Volume Weighted Average Price (VWAP), or Arnaud Legoux Moving Average (ALMA). The user can also adjust the length, offset, and sigma parameters for the moving averages.
The indicator can optionally smooth the midpoint, upper bands, and lower bands using a separate set of moving average parameters.
The indicator can be useful for traders and analysts who want to gain a consolidated view of price movements across multiple assets or trading pairs. It helps identify trends, volatility, and potential support and resistance levels based on the aggregated price and standard deviation bands. Traders can use this information to make informed decisions about trading strategies, risk management, and market analysis.
rth vwapPlots the RTH (regular trading hours) VWAP. This is intended for instruments with volume only and mostly for futures. Time zone is set to EST, but start and end times of the VWAP can be configured. Standard setting is set to US equity index futures regular trading hours of 9:30 EST to 16:00 EST.
VWOP: Volume Weighted & Oscillated PriceWhile playing around with the standard "ta.vwap" I wondered why there was no length input, so I did some research on what the underlying calculation actually is, and did my best to augment it so as to allow for a variable length based on an oscillator value.
Normal VWAP = (Number of Shares Bought x Typical Price) / Total Volume
In my VWOP Calculation, typical price is replaced by selected moving average type or "matype" and then multiplied by the volume.
Then a total value is calculated using math.sum with a length value that changes according to a selected oscillator's value. The total is then divided by
the sum of just volume using the same oscillating length value. Result is then passed through the selected"matype" once more to give the final result.
Indicator designed for use as a entry/exit indicator in conjunction with more traditional moving averages and/or signal filters. Useful for taking volume + an oscillator into account along with price, instead of just the price as with a simple moving average.
UV IndicatorUV Indicator (Ultimate VWAP Indicator) is using Volume Weighted Average Price to find Direction of the Trend, and Resistance & Support.
- Circle and Square shapes represent the point of Resistance and Support.
- Teal and Maroon background colors represent Uptrend and Downtrend of the Market.
- Numbers represent the Spread Percentages.
Periodic Moving AveragesIndicator plots three simple moving averages (MA) that are reset at the beginning of period, specified by a user.
Red MA is based on highs
Blue MA is based on close
Green MA one is based on lows.
Moving averages often act as support /resistance levels. They can also help to identify intraday trend. It is important to realize that none of the moving averages is universal as price behavior changes from day to day. On the chart I’ve highlighted several occurrences when one of MAs (different ones) provided support for price.
Parameters:
PERIOD – period for which MAs are plotted. They are reset at the beginning of each period. Period cannot be lower than chart’s timeframe
LENGTH – length of moving averages. If set to 0 then parameter is ignored and MAs are calculated on all bars, available in the period
VWAP? – if checked then moving averages will be calculated as volume weighted price
Disclaimer
This indicator should not be used as a standalone tool to make trading decisions but only in conjunction with other technical analysis methods.
Multiple Moving Averages, Bollinger Bands, VWAP Options - Lett5 simple moving averages.
You decide:
1. The type of moving average
2. The length of the moving average
3. To show Bollinger Bands
4. To show VWAP.
Crossover Alerts for Yesterday O/H/L/C , Today Vwap [Zero54]This is a very simple script/indicator that trigger alerts every time the script triggers the following conditions.
1) Script crosses yesterday's (previous day's) high
2) Script crosses yesterday's (previous day's) low
3) Script crosses yesterday's (previous day's) open
4) Script crosses yesterday's (previous day's) close
5) Script crosses today's vwap.
I developed this to keep track of the scripts I follow and I find it useful. Hope you will find it useful too.
Steps to use:
1) Open the ticker for which you want to set the alerts.
2) Add this indicator to the chart.
3) Right Click on the text and set choose "Add Alert"
4) After you have done with setting up the alert, feel free to remove the indicator from the chart. It is not necessary for the indicator to be added in the chart in order for it to work.
5) Repeat 1-4 for all the scripts for which you want to set the alerts.
Be advised: During market open, if you have set alerts for multiple scripts, a tsunami of alerts may be triggered.
If you like this alert indicator, please like/boost it. Feel free to re-use this code however you may wish to. Cheers!
SD LevelsSD Levels is an indicator for the gap-up gap down markets
Works best on 5minute and lower time frames.
Involves standard deviation levels, Emas and Vwap.
Colorful lines are standard deviation levels which are +0.33,-0.33,+0.66,-0.66,+1.00 and -1.00 based.
Static Gray line is settlement line based on the first candle of the day and the tf you choose (default source OHLC4, also works good on close source)
Alternative Daily Reference Points for Intra-hour ChartsThis is a different version of my www.tradingview.com used high, lows and pivots. One problem with pivot points is the number of calculation methods. The alternative version shows historical lows, closes, highs one basic period back.
► On lower timeframes - hour or less - this will show High, Low and Close from the previous day, two days ago, the previous week and two weeks ago and VWAP.
► On 1h daily reference points need to be enabled. On higher timeframes, daily reference points will not be shown. On the daily chart, weekly levels need to be enabled to still show and will be disabled on all higher periods.
► It is configured only for normal timeframes. If you use something like 17-minutes timeframe, you will have to allow this timeframe in the code.
Bear in mind, using all lines at the same time can be a little confusing and price doesn't react to every one of them. You can probably disable lows in the uptrend or scratch closes to simplify your chart.
Have a great trade!
Price Deviation from vwapIt indicate the deviation of avg price from vwap. It is best use with 5 min candlestick
OHLC/GAP/EMA/VWAP all in oneThis script will plot the current open and previous high low and close. The overnight gap between the current open and the previous close is highlighted. Also included is the 10 EMA, 20 EMA and the VWAP. This is good for people who are limited on the amount of indicators they can use.
MERCURY by DrAbhiramSivprasad"MERCURY by DrAbhiramSivprasad"
Developed from over 10 years of personal trading experience, the Mercury Indicator is a strategic tool designed to enhance accuracy in trading decisions. Think of it as a guiding light—a supportive tool that helps traders refine and build more robust strategies by integrating multiple powerful elements into a single indicator. I’ll be sharing some examples to illustrate how I use this indicator in my own trading journey, highlighting its potential to improve strategy accuracy.
Reason behind the combination of emas , cpr and vwap is it provides very good support and resistance in my trading carrier so now i brought them together in one plate
How It Works:
Mercury combines three essential elements—EMA, VWAP, and CPR—each of which plays a vital role in detecting support and resistance:
Exponential Moving Averages (EMAs): Known for their strength in providing dynamic support and resistance levels, EMAs help in identifying trends and shifts in momentum. This indicator includes a dashboard with up to nine customizable EMAs, showing whether each is acting as support or resistance based on real-time price movement.
Volume Weighted Average Price (VWAP): VWAP also provides valuable support and resistance, often regarded as a fair price level by institutional traders. Paired with EMAs, it forms a dual-layered support/resistance system, adding an additional level of confirmation.
Central Pivot Range (CPR): By combining CPR with EMAs and VWAP, Mercury highlights “traffic blocks” in your target journey. This means it identifies zones where price is likely to stall or reverse, providing additional guidance for navigating entries and exits.
Why This Combination Matters:
Using these three tools together gives you a more complete view of the market. VWAP and EMAs offer dynamic trend direction and support/resistance, while CPR pinpoints critical price zones. This combination helps you find high-probability trades, adding clarity to complex market situations and enabling stronger confirmation on trend or reversal decisions.
How to Use:
Trend Confirmation: Check if all EMAs are aligned (green for uptrend, red for downtrend), which is visible in the EMA dashboard. An alignment across VWAP, CPR, and EMAs signifies high confidence in trend direction.
Breakouts & Breakdowns: Mercury has an alert system to signal when a price breakout or breakdown occurs across VWAP, EMA1, and EMA2. This can help in spotting strong directional moves.
Example Application: In my trading, I use Mercury to identify support/resistance zones, confirming trends with EMA/VWAP alignment and using CPR as a checkpoint. I find this especially useful for day trading and swing setups.
Recommended Timeframes:
Day Trading: 5 to 15-minute charts for swift, actionable insights.
Swing Trading: 1-hour or 4-hour charts for broader trend analysis.
Note:
The Mercury Indicator should be used as a supportive tool rather than a standalone strategy, guiding you toward informed decisions in line with your trading style and goals.
EXAMPLE OF TRADE
you can see the cart of XAUUSD on 11th nov 2024
1.SHORT POSITION - TIME FRAME 15 MIN
So here for a short position you need to wait for a breakdown candle which will print in orange post the candle you need to check ema dashboard is completly red that indicates no traffic blocks in your journey to destiny target from ema's and you can take the target from nearest cpr support line
TAKEN IN XAUUSD you can see in chart of XAUUSD on 7th nov
2.LONG POSITION - TIME FRAME 15 MIN -
So here for long position you need to wait for a breakout candle from indicator thats here is blue and check all ema boxes are green and candle body should close above all the 3 lines here it is the both ema 1 and 2 and the vwap line then you can take and entry and your target will be the nearest resistance from the daily cpr
3. STOP LOSS CRITERIA
After the entry any candle close below any of the last line from entry for example we have 3 lines vwap and ema 1 and 2 lines and u have made an entry and the last line before the entry is vwap then if any candle closes below vwap can be considered as stoploss like wise in any lines
The MERCURY indicator is a comprehensive trading tool designed to enhance traders' ability to identify trends, breakouts, and reversals effectively. Created by Dr. Abhiram Sivprasad, this indicator integrates several technical elements, including Central Pivot Range (CPR), EMA crossovers, VWAP levels, and a table-based EMA dashboard, to offer a holistic trading view.
Core Components and Functionality:
Central Pivot Range (CPR):
The CPR in MERCURY provides a central pivot level along with Below Central (BC) and Top Central (TC) pivots. These levels act as potential support and resistance, useful for identifying reversal points and zones where price may consolidate.
Exponential Moving Averages (EMAs):
MERCURY includes up to nine EMAs, with a customizable EMA crossover alert system. This feature enables traders to see shifts in trend direction, especially when shorter EMAs cross longer ones.
VWAP (Volume-Weighted Average Price):
VWAP is incorporated as a dynamic support/resistance level and, combined with EMA crossovers, helps refine entry and exit points for higher probability trades.
Breakout and Breakdown Alerts:
MERCURY monitors conditions for upside and downside breakouts. For an upside breakout, all EMAs turn green and a candle closes above VWAP, EMA1, and EMA2. Similarly, all EMAs turning red, combined with a close below VWAP and EMA1/EMA2, signals a downside breakdown. Continuous alerts are available until the trend shifts.
Real-Time EMA Dashboard:
A table displays each EMA’s relative position (Above or Below), helping traders quickly gauge trend direction. Colors in the table adjust to long/short conditions based on EMA alignment.
Usage Recommendations:
Trend Confirmation:
Use the CPR, EMA alignments, and VWAP to confirm uptrends and downtrends. The table highlights trends, making it easy to spot long or short setups at a glance.
Breakout and Breakdown Alerts:
The alert system is customizable for continuous notifications on critical price levels. When all EMAs align in one direction (green for long, red for short) and the close is above or below VWAP and key EMAs, the indicator confirms a breakout/breakdown.
Adaptable for Different Styles:
Day Trading: Traders can set shorter EMAs for quick insights.
Swing Trading: Longer EMAs combined with CPR offer insights into sustained trends.
Recommended Settings:
Timeframes: MERCURY is suitable for timeframes as low as 5 minutes for intraday traders, up to daily charts for trend analysis.
Symbols: Works across forex, stocks, and crypto. Adjust EMA lengths for asset volatility.
Example Strategy:
Long Entry: When the price crosses above CPR and closes above both EMA1 and EMA2.
Short Entry: When the price falls below CPR with a close below both EMA1 and EMA2.
Adaptive VWAP [QuantAlgo]Introducing the Adaptive VWAP by QuantAlgo 📈🧬
Enhance your trading and investing strategies with the Adaptive VWAP , a versatile tool designed to provide dynamic insights into market trends and price behavior. This indicator offers a flexible approach to VWAP calculations by allowing users to adapt it based on lookback periods or fixed timeframes, making it suitable for a wide range of market conditions.
🌟 Key Features:
🛠 Customizable VWAP Settings: Choose between an adaptive VWAP that adjusts based on a rolling lookback period, or switch to a fixed timeframe (e.g., daily, weekly, monthly) for a more structured approach. Adjust the VWAP to suit your trading or investing style.
💫 Dynamic Bands and ATR Filter: Configurable deviation bands with multipliers allow you to visualize price movement around VWAP, while an ATR-based noise filter helps reduce false signals during periods of market fluctuation.
🎨 Trend Visualization: Color-coded trend identification helps you easily spot uptrends and downtrends based on VWAP positioning. The indicator fills the areas between the bands for clearer visual representation of price volatility and trend strength.
🔔 Custom Alerts: Set up alerts for when price crosses above or below the VWAP, signaling potential uptrend or downtrend opportunities. Stay informed without needing to monitor the charts constantly.
✍️ How to Use:
✅ Add the Indicator: Add the Adaptive VWAP to your favourites and apply to your chart. Choose between adaptive or timeframe-based VWAP calculation, adjust the lookback period, and configure the deviation bands to your preferred settings.
👀 Monitor Bands and Trends: Watch for price interaction with the VWAP and its deviation bands. The color-coded signals and band fills help identify potential trend shifts or price extremes.
🔔 Set Alerts: Configure alerts for uptrend and downtrend signals based on price crossing the VWAP, so you’re always informed of significant market movements.
⚙️ How It Works:
The Adaptive VWAP adjusts its calculation based on the user’s chosen configuration, allowing for a flexible approach to market analysis. The adaptive setting uses a rolling lookback period to continuously adjust the VWAP, while the fixed timeframe option anchors VWAP to key timeframes like daily, weekly, or monthly periods. This flexibility enables traders and investors to use the tool in various market environments.
Deviation bands, calculated with customizable multipliers, provide a clear visual of how far the price has moved from the VWAP, helping you gauge potential overbought or oversold conditions. To reduce false signals, an ATR-based filter can be applied, ensuring that only significant price movements trigger trend confirmations.
The tool also includes a fast exponential smoothing function for the VWAP, helping smooth out price fluctuations without sacrificing responsiveness. Trend confirmation is reinforced by the number of bars that price stays above or below the VWAP, ensuring a more consistent trend identification process.
Disclaimer:
The Adaptive VWAP is designed to enhance your market analysis but should not be relied upon as the sole basis for trading or investing decisions. Always combine it with other analytical tools and practices. No statements or signals from this indicator constitute financial advice. Past performance is not indicative of future results.
Anchored VWAPs + DeviationsAnchored VWAPS
*6 anchors to play with
*Pre-defined anchors from pivot points (May need manual adjustment due to timezone difference)
*Drag each anchor right from the screen instead of manually going to the settings>inputs
Deviations:
*Select from which anchor should the deviations start from
*Manually input the desired deviation value/ratio, can be customised
**Tips: To avoid clicking on the AVWAPS to enable the dragging line, just click on the title of the indicator.
***Work in progress
MIDAS VWAP Jayy his is just a bash together of two MIDAS VWAP scripts particularly AkifTokuz and drshoe.
I added the ability to show more MIDAS curves from the same script.
The algorithm primarily uses the "n" number but the date can be used for the 8th VWAP
I have not converted the script to version 3.
To find bar number go into "Chart Properties" select " "background" then select Indicator Titles and "Indicator values". When you place your cursor over a bar the first number you see adjacent to the script title is the bar number. Put that in the dialogue box midline is MIDAS VWAP . The resistance is a MIDAS VWAP using bar highs. The resistance is MIDAS VWAP using bar lows.
In most case using N will suffice. However, if you are flipping around charts inputting a specific date can be handy. In this way, you can compare the same point in time across multiple instruments eg first trading day of the year or an election date.
Adding dates into the dialogue box is a bit cumbersome so in this version, it is enabled for only one curve. I have called it VWAP and it follows the typical VWAP algorithm. (Does that make a difference? Read below re my opinion on the Difference between MIDAS VWAP and VWAP ).
I have added the ability to start from the bottom or top of the initiating bar.
In theory in a probable uptrend pick a low of a bar for a low pivot and start the MIDAS VWAP there using the support.
For a downtrend use the high pivot bar and select resistance. The way to see is to play with these values.
Difference between MIDAS VWAP and the regular VWAP
MIDAS itself as described by Levine uses a time anchored On-Balance Volume (OBV) plotted on a graph where the horizontal (abscissa) arm of the graph is cumulative volume not time. He called his VWAP curves Support/Resistance VWAP or S/R curves. These S/R curves are often referred to as "MIDAS curves".
These are the main components of the MIDAS chart. A third algorithm called the Top-Bottom Finder was also described. (Separate script).
Additional tools have been described in "MIDAS_Technical_Analysis"
Midas Technical Analysis: A VWAP Approach to Trading and Investing in Today’s Markets by Andrew Coles, David G. Hawkins
Copyright © 2011 by Andrew Coles and David G. Hawkins.
Denoting the different way in which Levine approached the calculation.
The difference between "MIDAS" VWAP and VWAP is, in my opinion, much ado about nothing. The algorithms generate identical curves albeit the MIDAS algorithm launches the curve one bar later than the VWAP algorithm which can be a pain in the neck. All of the algorithms that I looked at on Tradingview step back one bar in time to initiate the MIDAS curve. As such the plotted curves are identical to traditional VWAP assuming the initiation is from the candle/bar midpoint.
How did Levine intend the curves to be drawn?
On a reversal, he suggested the initiation of the Support and Resistance VVWAP (S/R curve) to be started after a reversal.
It is clear in his examples this happens occasionally but in many cases he initiates the so-called MIDAS S/R VWAP right at the reversal point. In any case, the algorithm is problematic if you wish to start a curve on the first bar of an IPO .
You will get nothing. That is a pain. Also in Levine's writings, he describes simply clicking on the point where a
S/R VWAP is to be drawn from. As such, the generally accepted method of initiating the curve at N-1 is a practical and sensible method. The only issue is that you cannot draw the curve from the first bar on any security, as mentioned without resorting to the typical VWAP algorithm. There is another difference. VWAP is launched from the middle of the bar (as per AlphaTrends), You can also launch from the top of the bar or the bottom (or anywhere for that matter). The calculation proceeds using the top or bottom for each new bar.
The potential applications are discussed in the MIDAS Technical Analysis book.
Technical Summary VWAP | RSI | VolatilityTechnical Summary VWAP | RSI | Volatility
The Quantum Trading Matrix is a multi-dimensional market-analysis dashboard designed as an educational and idea-generation tool to help traders read price structure, participation, momentum and volatility in one compact view. It is not an automated execution system; rather, it aggregates lightweight “quantum” signals — VWAP position, momentum oscillator behaviour, multi-EMA trend scoring, volume flow and institutional activity heuristics, market microstructure pivots and volatility measures — and synthesizes them into a single, transparent score and signal recommendation. The primary goal is to make explicit why a given market looks favourable or unfavourable by showing the individual ingredients and how they combine, enabling traders to learn, test and form rules based on observable market mechanics.
Each module of the matrix answers a distinct market question. VWAP and its percentage distance indicate whether the current price is trading above or below the intraday volume-weighted average — a proxy for intraday institutional control and value. The quantum momentum oscillator (fast and slow EMA difference scaled to percent) captures short-to-intermediate momentum shifts, providing a quickly responsive view of directional pressure. Multi-EMA trend scoring (8/21/50) produces a simple, transparent trend score by counting conditions such as price above EMAs and cross-EMAs ordering; this score is used to categorize market trend into descriptive buckets (e.g., STRONG UP, WEAK UP, NEUTRAL, DOWN). Volume analysis compares current volume to a recent moving average and computes a Z-score to detect spikes and unusual participation; additional buy/sell pressure heuristics (buyingPressure, sellingPressure, flowRatio) estimate whether upside or downside participation dominates the bar. Institutional activity is approximated by flagging large orders relative to volume baseline (e.g., volume > 2.5× MA) and estimating a dark pool proxy; this is a heuristic to highlight bars that likely had large players involved.
The dashboard also performs market-structure detection with small pivot windows to identify recent local support/resistance areas and computes price position relative to the daily high/low (dailyMid, pricePosition). Volatility is measured via ATR divided by price and bucketed into LOW/NORMAL/HIGH/EXTREME categories to help you adapt stop sizing and expectational horizons. Finally, all these pieces feed an interpretable scoring function that rewards alignment: VWAP above, strong flow ratio, bullish trend score, bullish momentum, and favorable RSI zone add to the overall score which is presented as a 0–100 metric and a colored emoji indicator for at-a-glance assessment.
The mashup is purposeful: each indicator covers a failure mode of the other. For example, momentum readings can be misleading during volatility spikes; VWAP informs whether institutions are on the bid or offer; volume Z-score detects abnormal participation that can validate a breakout; multi-EMA score mitigates single-EMA whipsaws by requiring a combination of price/EMA conditions. Combining these signals increases information content while keeping each component explainable — a key compliance requirement. The script intentionally emphasizes transparency: when it shows a BUY/SELL/HOLD recommendation, the dashboard shows the underlying sub-components so a trader can see whether VWAP, momentum, volume, trend or structure primarily drove the score.
For practical use, adopt a clear workflow: (1) check the matrix score and read the component tiles (VWAP position, momentum, trend and volume) to understand the drivers; (2) confirm market-structure support/resistance and pricePosition relative to the daily range; (3) require at least two corroborating components (for example, VWAP ABOVE + Momentum BULLISH or Volume spike + Trend STRONG UP) before considering entries; (4) use ATR-based stops or daily pivot distance for stop placement and size positions such that the trade risks a small, pre-defined percent of capital; (5) for intraday scalps shorten holding time and tighten stops, for swing trades increase lookback lengths and require multi-timeframe (higher TF) agreement. Treat the matrix as an idea filter and replay lab: when an alert triggers, replay the bars and observe which components anticipated the move and which lagged.
Parameter tuning matters. Shortening the momentum length makes the oscillator more sensitive (useful for scalping), while lengthening it reduces noise for swing contexts. Volume profile bars and MA length should match the instrument’s liquidity — increase the MA for low-liquidity stocks to reduce false institutional flags. The trend multiplier and signal sensitivity parameters let you calibrate how aggressively the matrix counts micro evidence into the score. Always backtest parameter sets across multiple periods and instruments; run walk-forward tests and keep a simple out-of-sample validation window to reduce overfitting risk.
Limitations and failure modes are explicit: institutional flags and dark-pool estimates are heuristics and cannot substitute for true tape or broker-level order flow; volume split by price range is an approximation and will not perfectly reflect signed volume; pivot detection with small windows may miss larger structural swings; VWAP is typically intraday-centric and less meaningful across multi-day swing contexts; the score is additive and may not capture non-linear relationships between features in extreme market regimes (e.g., flash crashes, circuit breaker events, or overnight gaps). The matrix is also susceptible to false signals during major news releases when price and volume behavior dislocate from typical patterns. Users should explicitly test behavior around earnings, macro data and low-liquidity periods.
To learn with the matrix, perform these experiments: (A) collect all BUY/SELL alerts over a 6-month period and measure median outcome at 5, 20 and 60 bars; (B) require additional gating conditions (e.g., only accept BUY when flowRatio>60 and trendScore≥4) and compare expectancy; (C) vary the institutional threshold (2×, 2.5×, 3× volumeMA) to see how many true positive spikes remain; (D) perform multi-instrument tests to ensure parameters are not tuned to a single ticker. Document every test and prefer robust, slightly lower returns with clearer logic rather than tuned “optimal” results that fail out of sample.
Originality statement: This script’s originality lies in the curated combination of intraday value (VWAP), multi-EMA trend scoring, momentum percent oscillator, volume Z-score plus buy/sell flow heuristics and a compact, interpretable scoring system. The script is not a simple indicator mashup; it is a didactic ensemble specifically designed to make internal rationale visible so traders can learn how each market characteristic contributes to actionable probability. The tool’s novelty is its emphasis on interpretability — showing the exact contributing signals behind a composite score — enabling reproducible testing and educational value.
Finally, for TradingView publication, include a clear description listing the modules, a short non-technical summary of how they interact, the tunable inputs, limitations and a risk disclaimer. Remove any promotional content or external contact links. If you used trademark symbols, either provide registration details or remove them. This transparent documentation satisfies TradingView’s requirement that mashups justify their composition and teach users how to use them.
Quantum Trading Matrix — multi-factor intraday dashboard (educational use only).
Purpose: Combines intraday VWAP position, a fast/slow EMA momentum percent oscillator, multi-EMA trend scoring (8/21/50), volume Z-score and buy/sell flow heuristics, pivot-based microstructure detection, and ATR-based volatility buckets to produce a transparent, componentized market score and trade-idea indicator. The mashup is intentional: VWAP identifies intraday value, momentum detects short bursts, EMAs provide structural trend bias, and volume/flow confirm participation. Signals require alignment of at least two components (for example, VWAP ABOVE + Momentum BULLISH + positive flow) for higher confidence.
Inputs: momentum period, volume MA/profile length, EMA configuration (8/21/50), trend multiplier, signal sensitivity, color and display options. Use shorter momentum lengths for scalps and longer for swing analysis. Increase volume MA for thinly traded instruments.
Limitations: Institutional/dark-pool estimates and flow heuristics are approximations, not actual exchange tape. VWAP is intraday-focused. Expect false signals during major news or low-liquidity sessions. Backtest and paper-trade before applying real capital.
Risk Disclaimer: For education and analysis only. Not financial advice. Use proper risk management. The author is not responsible for trading losses.
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Risk & Misuse Disclaimer
This indicator is provided for education, analysis and idea generation only. It is not investment or financial advice and does not guarantee profits. Institutional activity flags, dark-pool estimates and flow heuristics are approximations and should not be treated as exchange tape. Backtest thoroughly and use demo/paper accounts before trading real capital. Always apply appropriate position sizing and stop-loss rules. The author is not responsible for any trading losses resulting from the use or misuse of this tool.
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Risk Disclaimer: This tool is provided for education and analysis only. It is not financial advice and does not guarantee returns. Users assume all risk for trades made based on this script. Back test thoroughly and use proper risk management.
NY Anchored VWAP and Auto SMANY Anchored VWAP and Auto SMA
This script is a versatile trading indicator for the TradingView platform that combines two powerful components: a New York-anchored Volume-Weighted Average Price (VWAP) and a dynamic Simple Moving Average (SMA). Designed for traders who utilize VWAP for intraday trend analysis, this tool provides a clear visual representation of average price and volatility-adjusted moving averages, generating automated alerts for key crossover signals.
Indicator Components
1. NY Anchored VWAP
The VWAP is a crucial tool that represents the average price of a security adjusted for volume. This version is "anchored" to the start of the New York trading session, resetting at the beginning of each new session. This provides a clean, session-specific anchor point to gauge market sentiment and trend. The VWAP line changes color to reflect its slope:
Green: When the VWAP is trending upwards, indicating a bullish bias.
Red: When the VWAP is trending downwards, indicating a bearish bias.
2. Auto SMA
The Auto SMA is a moving average with a unique twist: its lookback period is not fixed. Instead, it dynamically adjusts based on market volatility. The script measures volatility using the Average True Range (ATR) and a Z-Score calculation.
When volatility is expanding, the SMA's length shortens, making it more sensitive to recent price changes.
When volatility is contracting, the SMA's length lengthens, smoothing out the price action to filter out noise.
This adaptive approach allows the SMA to react appropriately to different market conditions.
Suggested Trading Strategy
This indicator is particularly effective when used on a one-minute chart for identifying high-probability trade entries. The core of the strategy is to trade the crossover between the VWAP and the Auto SMA, with confirmation from a candle close.
The strategy works best when the entry signal aligns with the overall bias of the higher timeframe market structure. For example, if the daily or 4-hour chart is in an uptrend, you would look for bullish signals on the one-minute chart.
Bullish Entry Signal: A potential entry is signaled when the VWAP crosses above the Auto SMA, and is confirmed when the one-minute candle closes above both the VWAP and the SMA. This indicates a potential continuation of the bullish momentum.
Bearish Entry Signal: A potential entry is signaled when the VWAP crosses below the Auto SMA, and is confirmed when the one-minute candle closes below both the VWAP and the SMA. This indicates a potential continuation of the bearish momentum.
The built-in alerts for these crossovers allow you to receive notifications without having to constantly monitor the charts, ensuring you don't miss a potential setup.
Smart MTF S/R Levels[BullByte]
Smart MTF S/R Levels
Introduction & Motivation
Support and Resistance (S/R) levels are the backbone of technical analysis. However, most traders face two major challenges:
Manual S/R Marking: Drawing S/R levels by hand is time-consuming, subjective, and often inconsistent.
Multi-Timeframe Blind Spots: Key S/R levels from higher or lower timeframes are often missed, leading to surprise reversals or missed opportunities.
Smart MTF S/R Levels was created to solve these problems. It is a fully automated, multi-timeframe, multi-method S/R detection and visualization tool, designed to give traders a complete, objective, and actionable view of the market’s most important price zones.
What Makes This Indicator Unique?
Multi-Timeframe Analysis: Simultaneously analyzes up to three user-selected timeframes, ensuring you never miss a critical S/R level from any timeframe.
Multi-Method Confluence: Integrates several respected S/R detection methods—Swings, Pivots, Fibonacci, Order Blocks, and Volume Profile—into a single, unified system.
Zone Clustering: Automatically merges nearby levels into “zones” to reduce clutter and highlight areas of true market consensus.
Confluence Scoring: Each zone is scored by the number of methods and timeframes in agreement, helping you instantly spot the most significant S/R areas.
Reaction Counting: Tracks how many times price has recently interacted with each zone, providing a real-world measure of its importance.
Customizable Dashboard: A real-time, on-chart table summarizes all key S/R zones, their origins, confluence, and proximity to price.
Smart Alerts: Get notified when price approaches high-confluence zones, so you never miss a critical trading opportunity.
Why Should a Trader Use This?
Objectivity: Removes subjectivity from S/R analysis by using algorithmic detection and clustering.
Efficiency: Saves hours of manual charting and reduces analysis fatigue.
Comprehensiveness: Ensures you are always aware of the most relevant S/R zones, regardless of your trading timeframe.
Actionability: The dashboard and alerts make it easy to act on the most important levels, improving trade timing and risk management.
Adaptability: Works for all asset classes (stocks, forex, crypto, futures) and all trading styles (scalping, swing, position).
The Gap This Indicator Fills
Most S/R indicators focus on a single method or timeframe, leading to incomplete analysis. Manual S/R marking is error-prone and inconsistent. This indicator fills the gap by:
Automating S/R detection across multiple timeframes and methods
Objectively scoring and ranking zones by confluence and reaction
Presenting all this information in a clear, actionable dashboard
How Does It Work? (Technical Logic)
1. Level Detection
For each selected timeframe, the script detects S/R levels using:
SW (Swing High/Low): Recent price pivots where reversals occurred.
Pivot: Classic floor trader pivots (P, S1, R1).
Fib (Fibonacci): Key retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) over the last 50 bars.
Bull OB / Bear OB: Institutional price zones based on bullish/bearish engulfing patterns.
VWAP / POC: Volume Weighted Average Price and Point of Control over the last 50 bars.
2. Level Clustering
Levels within a user-defined % distance are merged into a single “zone.”
Each zone records which methods and timeframes contributed to it.
3. Confluence & Reaction Scoring
Confluence: The number of unique methods/timeframes in agreement for a zone.
Reactions: The number of times price has touched or reversed at the zone in the recent past (user-defined lookback).
4. Filtering & Sorting
Only zones within a user-defined % of the current price are shown (to focus on actionable areas).
Zones can be sorted by confluence, reaction count, or proximity to price.
5. Visualization
Zones: Shaded boxes on the chart (green for support, red for resistance, blue for mixed).
Lines: Mark the exact level of each zone.
Labels: Show level, methods by timeframe (e.g., 15m (3 SW), 30m (1 VWAP)), and (if applicable) Fibonacci ratios.
Dashboard Table: Lists all nearby zones with full details.
6. Alerts
Optional alerts trigger when price approaches a zone with confluence above a user-set threshold.
Inputs & Customization (Explained for All Users)
Show Timeframe 1/2/3: Enable/disable analysis for each timeframe (e.g., 15m, 30m, 1h).
Show Swings/Pivots/Fibonacci/Order Blocks/Volume Profile: Select which S/R methods to include.
Show levels within X% of price: Only display zones near the current price (default: 3%).
How many swing highs/lows to show: Number of recent swings to include (default: 3).
Cluster levels within X%: Merge levels close together into a single zone (default: 0.25%).
Show Top N Zones: Limit the number of zones displayed (default: 8).
Bars to check for reactions: How far back to count price reactions (default: 100).
Sort Zones By: Choose how to rank zones in the dashboard (Confluence, Reactions, Distance).
Alert if Confluence >=: Set the minimum confluence score for alerts (default: 3).
Zone Box Width/Line Length/Label Offset: Control the appearance of zones and labels.
Dashboard Size/Location: Customize the dashboard table.
How to Read the Output
Shaded Boxes: Represent S/R zones. The color indicates type (green = support, red = resistance, blue = mixed).
Lines: Mark the precise level of each zone.
Labels: Show the level, methods by timeframe (e.g., 15m (3 SW), 30m (1 VWAP)), and (if applicable) Fibonacci ratios.
Dashboard Table: Columns include:
Level: Price of the zone
Methods (by TF): Which S/R methods and how many, per timeframe (see abbreviation key below)
Type: Support, Resistance, or Mixed
Confl.: Confluence score (higher = more significant)
React.: Number of recent price reactions
Dist %: Distance from current price (in %)
Abbreviations Used
SW = Swing High/Low (recent price pivots where reversals occurred)
Fib = Fibonacci Level (key retracement levels such as 0.236, 0.382, 0.5, 0.618, 0.786)
VWAP = Volume Weighted Average Price (price level weighted by volume)
POC = Point of Control (price level with the highest traded volume)
Bull OB = Bullish Order Block (institutional support zone from bullish price action)
Bear OB = Bearish Order Block (institutional resistance zone from bearish price action)
Pivot = Pivot Point (classic floor trader pivots: P, S1, R1)
These abbreviations appear in the dashboard and chart labels for clarity.
Example: How to Read the Dashboard and Labels (from the chart above)
Suppose you are trading BTCUSDT on a 15-minute chart. The dashboard at the top right shows several S/R zones, each with a breakdown of which timeframes and methods contributed to their detection:
Resistance zone at 119257.11:
The dashboard shows:
5m (1 SW), 15m (2 SW), 1h (3 SW)
This means the level 119257.11 was identified as a resistance zone by one swing high (SW) on the 5-minute timeframe, two swing highs on the 15-minute timeframe, and three swing highs on the 1-hour timeframe. The confluence score is 6 (total number of method/timeframe hits), and there has been 1 recent price reaction at this level. This suggests 119257.11 is a strong resistance zone, confirmed by multiple swing highs across all selected timeframes.
Mixed zone at 118767.97:
The dashboard shows:
5m (2 SW), 15m (2 SW)
This means the level 118767.97 was identified by two swing points on both the 5-minute and 15-minute timeframes. The confluence score is 4, and there have been 19 recent price reactions at this level, indicating it is a highly reactive zone.
Support zone at 117411.35:
The dashboard shows:
5m (2 SW), 1h (2 SW)
This means the level 117411.35 was identified as a support zone by two swing lows on the 5-minute timeframe and two swing lows on the 1-hour timeframe. The confluence score is 4, and there have been 2 recent price reactions at this level.
Mixed zone at 118291.45:
The dashboard shows:
15m (1 SW, 1 VWAP), 5m (1 VWAP), 1h (1 VWAP)
This means the level 118291.45 was identified by a swing and VWAP on the 15-minute timeframe, and by VWAP on both the 5-minute and 1-hour timeframes. The confluence score is 4, and there have been 12 recent price reactions at this level.
Support zone at 117103.10:
The dashboard shows:
15m (1 SW), 1h (1 SW)
This means the level 117103.10 was identified by a single swing low on both the 15-minute and 1-hour timeframes. The confluence score is 2, and there have been no recent price reactions at this level.
Resistance zone at 117899.33:
The dashboard shows:
5m (1 SW)
This means the level 117899.33 was identified by a single swing high on the 5-minute timeframe. The confluence score is 1, and there have been no recent price reactions at this level.
How to use this:
Zones with higher confluence (more methods and timeframes in agreement) and more recent reactions are generally more significant. For example, the resistance at 119257.11 is much stronger than the resistance at 117899.33, and the mixed zone at 118767.97 has shown the most recent price reactions, making it a key area to watch for potential reversals or breakouts.
Tip:
“SW” stands for Swing High/Low, and “VWAP” stands for Volume Weighted Average Price.
The format 15m (2 SW) means two swing points were detected on the 15-minute timeframe.
Best Practices & Recommendations
Use with Other Tools: This indicator is most powerful when combined with your own price action analysis and risk management.
Adjust Settings: Experiment with timeframes, clustering, and methods to suit your trading style and the asset’s volatility.
Watch for High Confluence: Zones with higher confluence and more reactions are generally more significant.
Limitations
No Future Prediction: The indicator does not predict future price movement; it highlights areas where price is statistically more likely to react.
Not a Standalone System: Should be used as part of a broader trading plan.
Historical Data: Reaction counts are based on historical price action and may not always repeat.
Disclaimer
This indicator is a technical analysis tool and does not constitute financial advice or a recommendation to buy or sell any asset. Trading involves risk, and past performance is not indicative of future results. Always use proper risk management and consult a financial advisor if needed.
Triple Configurable VWAPTriple Configurable VWAP Indicator
This advanced VWAP (Volume Weighted Average Price) indicator displays three independently configurable VWAP lines on your chart, providing multiple timeframe perspectives for better trading decisions.
Key Features:
• Three Customizable VWAP Periods: Configure each VWAP independently with periods ranging from 1 to 365 days
Default: 10-day (Green), 30-day (Red), 365-day (Blue)
• Dynamic Visual Elements:
Color-coded lines for easy identification
Smart labels at the current price level with matching colors
Contrasting text colors for optimal readability
• Interactive Information Table:
Toggle on/off display
Repositionable to any corner or side of the chart
Shows each VWAP period with corresponding color indicators
Larger, easy-to-read font size
• Professional Calculation Method:
Uses daily timeframe data for accurate VWAP calculations
Anchored VWAP starting from your specified lookback periods
Proper volume weighting for institutional-grade accuracy
Use Cases:
Short-term Trading: 10-day VWAP for recent price action analysis
Medium-term Analysis: 30-day VWAP for monthly trend assessment
Long-term Perspective: 365-day VWAP for yearly institutional levels
Perfect for traders who need multiple VWAP timeframes simultaneously to identify key support/resistance levels, trend direction, and institutional price points across different time horizons.
[Smith] VWAP Deviation + VWAP Deviation +
Short Description:
Advanced VWAP indicator with deviation bands, smart signal filtering, and session-based performance tracking. Features log-space scaling, RSI confirmation, volume filters, and market regime detection.
Full Description:
The VWAP Deviation + is a comprehensive trading indicator that combines Volume Weighted Average Price (VWAP) analysis with advanced signal filtering to identify high-probability trade opportunities. This indicator goes beyond basic VWAP by incorporating multiple confirmation layers and intelligent market analysis.
🎯 Key Features
Core VWAP Analysis:
- Custom volume-weighted mean calculation with deviation bands (2σ and 3σ)
- Optional log-space scaling for proportional price movements
- Real-time VWAP line with customizable visibility
Smart Signal Detection:
- RSI confirmation for all trade signals
- Volume filter requiring above-average trading activity
- Market regime detection (trending vs ranging markets)
- Optional RSI divergence analysis
Advanced Filtering:
- Multi-condition signal validation
- Session-based performance tracking (Asian, London, NY)
- Real-time win rate calculation
- Strong vs regular signal classification
Visual Features:
- Clean, professional interface with customizable colors
- Optional signal shapes and annotations
- Performance statistics table
- Filled deviation bands for easy visualization
📊 How It Works
The indicator identifies trade opportunities when:
1. Price touches VWAP deviation bands (2σ or 3σ)
2. RSI confirms oversold/overbought conditions
3. Volume exceeds the specified threshold
4. Market regime conditions are favorable
Signal Types:
- LONG : Price at lower bands + RSI oversold + volume confirmation
- SHORT : Price at upper bands + RSI overbought + volume confirmation
- STRONG : Same conditions but at 3σ bands for higher conviction trades
⚙️ Customization Options
Core Settings:
- VWAP length and source selection
- Adjustable deviation multipliers
- Log-space scaling toggle
Signal Filters:
- RSI length and threshold levels
- Volume filter with customizable multiplier
- Market type filtering options
Advanced Features:
- Session statistics tracking
- RSI divergence detection
- Market regime analysis
Visual Controls:
- Show/hide individual components
- Custom color schemes
- Signal display toggles
🔔 Alert System
Built-in alerts for:
- Long and short trade opportunities
- Strong signal confirmations
- RSI divergence signals
💡 Best Practices
- Use higher timeframes (15m+) for more reliable signals
- Combine with additional confirmation indicators
- Pay attention to session statistics for timing optimization
- Monitor market regime indicators for context
This indicator is suitable for day traders, swing traders, and anyone looking to improve their VWAP-based trading strategies with advanced filtering and market analysis.