MTF EMASMulti time frame EMA
This script will plot the configured EMAS on the current time frame (CTF) and also the same EMAS on a higher time frame (HTF).
Hard coded according:
* 5m EMAS will be plotted on TF bellow 5m
* Daily EMA will be plotted on TF above 5m and bellow 1D
* Weekly EMA will be plotted on daily TF
* Monthly EMA will be plotted on weekly TF
This configuration give us the opportunity to watch EMA support/resistance from HTF on the CTF
Cerca negli script per "vwap"
Multi-AVWAP - Anchored - Gold -V1This script uses multi-day anchored VWAP.
What it does
This study plots multiple Anchored VWAP (AVWAP) lines from recent session starts (1, 2, 3, 4, 5, 10, 15, 20, 30, 90).
from the anchor forward. Each line shows a live label with the line’s current value and the current price for quick distance checks.
Best practices
Use on intraday timeframes for session-anchored lines.
Ensure the chart has enough history loaded for the longest lookback (e.g., 90 days).
For crypto or 24×7 markets, set session to a 24h window (e.g., 0000-2359) and turn off the exclude-ETH toggle if you want full-time anchoring.
Limitations
Different exchanges/markets use different RTH windows—pick the one that matches your venue.
Corporate actions/volume adjustments can make small discrepancies across platforms.
If no RTH exists on the exact calendar day (holidays), the 90d line anchors to the most recent available RTH open before that date.
Aethix Cipher DivergencesAethix Cipher Divergences v6
Core Hook: Custom indicator inspired by VuManChu B, Grok-enhanced for crypto intel—blends WaveTrend (WT) oscillator with multi-divergences for buy/sell circles (green/teal buys #00FFFF, red sells) and dots (divs, gold overbought alerts).
Key Features:
WaveTrend Waves: Dual waves (teal WT1, darker teal WT2) with VWAP (purple for neon vibe), overbought/oversold lines, crosses for signals.
Divergences: Regular/hidden for WT, RSI, Stoch—red bearish, green bullish dots; extra range for deeper insights.
RSI + MFI Area: Colored area (green positive, red negative) for sentiment/volume flow.
Stochastic RSI: K/D lines with fill for overbought/oversold trends.
Schaff Trend Cycle: Purple line for cycle smoothing.
Sommi Patterns: Flags (pink bearish, blue bullish) and diamonds for HTF patterns, purple higher VWAP.
MACD Colors on WT: Dynamic WT shading based on MACD for enhanced reads.
Key Recent Highs and LowsKey Recent Highs & Lows — Session‐Aware Market Structure
TL;DR
This tool plots the most important intraday price extremes for every U.S.‑equity trading segment—Early Premarket • Western Premarket • Regular Hours • Post‑Market Hours • Yesterday’s Range—and labels them so you can trade break‑outs, retests and mean‑reversion with instant context.
📐 Theory & Why These Levels Matter
Liquidity Pools
Visible session extremes attract resting orders (stop‑losses, take‑profits, opening prints). Price often accelerates into them and reacts at them.
Market Memory
The previous day’s high/low is a widely‑watched pivot for gap fills, overnight inventory corrections and multi‑day breakouts.
Mean‑Reversion Windows
Statistically, pre‑ and post‑market ranges are thin; an aggressive spike outside those bands often retraces when full liquidity returns.
Break‑Out Confirmation
A true breakout isn’t just a tick above RTH‑high—it usually closes or at least consolidates above the prior extreme. Seeing all bands lets you gauge whether a push is “real” or just probing thinner sessions.
Put simply, these levels help you decide:
Break‑out ➜ trade in the direction of expansion past a session extreme with follow‑through.
Fade/Mean‑Revert ➜ fade a spike that tags an extreme without commitment (e.g., hits Western‑Premkt‑High then stalls before RTH).
🔍 What the Script Draws
Session (UTC‑4 EST) Default Color / Style Typical Use‑Case
Early Premarket 4 – 7 AM Thick semi‑transparent orange line detect overnight retail spikes / fade plays
Western Premarket 7 – 9 : 30 AM Dashed orange‑red breakout watch as U.S. brokers open
Regular Session (RTH) 9 : 30 – 16 : 00 Bold teal dotted line core intraday structure; classic highs/lows
Post‑Market 16 – 23 : 59 Soft indigo band after‑hours news moves, earnings fades
Previous‑Day RTH Solid teal gap‑fill targets, trend continuation filters
(All colors, thicknesses and transparencies are editable in the settings.)
✨ Features
Real‑Time Updates
Levels refresh tick‑by‑tick inside their own session—no repainting later.
One‑Click Visibility Toggles
Show or hide any session extreme independently.
Clean Auto‑Labels
Optional right‑edge tags (“RTH High”, “Premkt Low”, etc.) keep your chart readable even when lines overlap.
Automatic Daily Reset
At midnight Eastern, buffers clear and yesterday’s extremes roll into the “Prev‑Day” pair.
Zero‑Noise Design
Transparencies and line styles are tuned so you can overlay on any symbol / timeframe without drowning candles.
📈 How to Trade with It
Intraday Breakout Strategy
Mark confluence (e.g., price pushes through Western Premkt High and Yesterday’s High).
Wait for a pullback that holds above the reclaimed band.
Enter with stop under that session line; target next band or measured‑move.
Fade / Mean‑Reversion
Pre‑market headline sends price 5 % above Early Premkt High.
Volume dries up before RTH open.
Short into exhaustion; cover near Western Premkt High or VWAP.
Gap‑Fill & Trend Days
Cash open gaps above Prev‑Day High.
If first 15‑min candle closes back inside yesterday’s range, bias shifts to downside fade.
If it holds above, treat gap as breakout and track RTH High extensions.
Pair it with volume‑profile, VWAP, or momentum oscillators for even higher‑confidence setups.
⚙️ Settings Cheat‑Sheet
Setting Effect
Show Regular / Premarket / Post‑market High/Low Master visibility per session
Show Previous Day High/Low Toggle yesterday’s anchor range
Show Session Labels Turn the right‑edge tags on/off
Style Panel Change each line’s color, width, transparency, dash/dot
🛠️ Best Practices
Works on any intraday timeframe (1‑min to 1‑hour).
Crypto or 24 h markets: adjust session times to match your exchange.
Combine with alerts (e.g., “price crossing RTH High”) for hands‑free monitoring.
Put KRHL on your chart and you’ll never wonder which high matters most again—because they’re all right there, clearly labeled and color‑coded. Trade breakouts or fades with confidence, armed with the exact market structure everyone else is watching.
Smart MA CrossoverThe Smart MA Crossover indicator is a trend-following tool designed to help traders identify high-probability buy and sell signals based on a dynamic moving average and volume confirmation.
This indicator allows traders to customize the moving average type (SMA, EMA, HMA, WMA, VWMA, SMMA, or VWAP) while incorporating an ATR-based filter for better signal clarity.
How It Works
The script analyzes price movements in relation to a selected moving average and volume conditions to generate trend-based trade signals:
🟢 Buy Signal:
- Price is trading above the moving average for at least two bars.
- A sudden upward momentum is detected (price > open * 1.005).
- Volume is higher than the 50-period SMA of volume.
- The price was trading below the moving average three bars ago.
🔴 Sell Signal:
- Price is trading below the moving average for at least two bars.
- A sudden downward movement is detected (price < open * 0.995).
- Volume is higher than the 50-period SMA of volume.
- The price was trading above the moving average three bars ago.
- When these conditions are met, a label appears on the chart, marking the potential trade signal.
Key Features
- Customizable Moving Averages – Choose between SMA, EMA, HMA, WMA, VWMA, SMMA, or VWAP.
- Dynamic Trend Detection – Moving average color changes based on trend direction.
- Volume Confirmation – Avoid false signals by filtering trades using SMA-based volume analysis.
- ATR-Based Signal Placement – Labels are positioned dynamically based on ATR values to improve visibility.
- Background Trend Highlighting – The background changes color depending on whether price is above (green) or below (red) the moving average.
- Alerts for Buy & Sell Signals – Get real-time notifications when a trade signal is generated.
How to Use
- This indicator is best suited for trend-following strategies and works across different markets, including stocks, forex, and crypto.
- It can be used on multiple timeframes, but traders should combine it with additional analysis to refine trade decisions.
- ATR-based signal placement ensures that buy/sell labels do not clutter the chart.
Important Notes
- This indicator does not predict future price movements—it is a trend-based tool meant to assist with trade decisions.
- No financial advice – Always use risk management when trading.
- TradingView users who do not read Pine Script can still fully utilize this script thanks to clear labels and alerts.
CBC FlipThis is an indicator for the Candle By Candle (CBC) Flip strategy as created by @MapleStax
It’s useful to traders because it’s a simple approach to gauge if bulls or bears are in control for any particular candle. The logic is as follows:
If the most recent candle close is above the previous candle high, then bulls are in control.
If the most recent candle close is below the previous candle low, then bears are in control.
If neither of these 2 conditions are met, then whoever was already in control remains in force until one of the 2 conditions is met and the sentiment is flipped, hence the name CBC Flip.
My script is original because there are no other CBC Flip scripts available on TV. This is the first, which is why I created it, to help other traders benefit from the power of CBC Flips.
The indicator output is simply interpreted as follows:
Triangle up = bulls in control
Triangle down = bears in control
In my experience this script is best used on the 5 or 10 minute time frames, as it helps to keep you in the trade for the bigger moves once a trend is established, while not getting shaken out from the “noisy” up/down candle price action of lower time frames like the 1 minute.
I’ve also had more success with this indicator when only taking long trades once the green triangle appears and price is above VWAP, and only taking short trades once the red triangle appears and price is below VWAP.
Anchored Moving Average By Market Mindset - Zero To EndlessAnchored Moving Average?
An anchored moving average (AMA) is created when you select a point on the chart and start calculating the moving average from there. Thus the moving average’s denominator is not fixed but cumulative and dynamic.
In this indicator, I've provided three different types of Anchored Moving Averages, viz., WMA, SMA and VWAP.
WMA is relevant if big moves are there.
SMA is relevant if volume data is not to be considered or if it is not available.
VWAP is the standard anchored MA, which is most commontly used. Is consider the volume data along with the price move.
In this indicator, Auto anchor is time based anchor. A trader can opt for Pivot Type Anchor or Volume Type Anchor or some higher resolution based anchor too. The length of the pivot lookback can also be changed by the user.
It can be used for intraday, swing trading and even for technical based investment purpose.
SPDR TrackerMonitor all SPDR Index Funds in one location! The purpose of this indicator is to review which sectors are trend up vs down to better manage risk against SPY, other funds and/or individual stocks.
With this indicator it may become more apparent which sectors to begin investment in that are at lows compared to others, or use it to determine which stocks may be undervalued or overvalued against SPY.
There is a small table at the bottom where each fund symbol is presented along with it's mode value, last period change as well as last period volume - there's a tooltip that shows the description for each symbol for a quick reminder.
Review the configuration pane where:
Individual funds can have their visibility toggled
Change funds colors
Adjust display mode for each fund (SMA, EMA, VWMA, BBW, Change, ATR, VWAP - many more!)
Some presentation modes may look better on some timeframes vs others, adjust lengths and use anchor point for VWAP.
Future updates may bring about new features, I have some code organization and refactoring to do but wanted to share the idea anyways.
Feel free to drop any suggestions for feature enhancement and I hope it brings success to many, enjoy.
(Quartile Vol.; Vol. Aggregation; Range US Bars; Gaps) [Kioseff]Hello!
This indicator is a multifaceted tool that's, hopefully, useful for price action and volume analysis.
(This script makes use of the newly introduced "text_font" parameter)
With this script you'll have access to:
Range US Chart
Volume Aggregation Chart
Gaps Chart
Volume by Quartile
Consequently, you'll have access to:
First Quartile Volume Threshold
Second Quartile Volume Threshold
Third Quartile Volume Threshold
90th Percentile Volume Threshold
Fourth Quartile Volume Threshold
Q2 - Q1 Dispersion
Q3 - Q2 Dispersion
Q4 - Q3 Dispersion
Quartile Deviation
Interquartile Range
Avg. "n" bar return following "high" volume
Avg. "n" bar positive return following "high" volume
Avg. "n" bar negative following "high" volume
# of Positive Returns Following a Gap
# of Negative Returns Following a Gap
# of Gaps
# of Up Gaps
# of Down Gaps
Average # of bars to fill Up Gaps
Average # of bars to dill Down Gaps
Average Gap Up % increase
Average Gap Down % decrease
Cumulative % increase of all Up Gaps
Cumulative % decrease of all Down Gaps
Sort gaps by distance from price
Hide gaps that price substantially deviates from (gaps will reappear when price trades near the gap)
Segment Range US bars by date
Manually configure Range US price thresholds
Identify "congestion" areas with Range US bars
Range US Levels that must be exceeded for a new Range US bar to produce
Manually configure cumulative volume threshold for Volume Aggregation bars
Segment Volume Aggregation bars by date
Largest Volume Aggregation bar increases
Largest Volume Aggregation bar decreases
Calculate log returns after "high" volume sessions
Quartile Volume
The Quartile Volume portion of the script segments price/volume intervals by quartile.
The image above shows features of the indicator.
For statistics, the following metrics are recorded:
First Quartile
Second Quartile
Third Quartile
90th Percentile
Fourth Quartile
Q2 - Q1 Dispersion
Q3 - Q2 Dispersion
Q4 - Q3 Dispersion
Quartile Deviation
Interquartile Range
Color-coordinated price bars (by volume quartiles)
The percent rank for the volume of the current bar
Avg. "n" bar return following "high" volume
Avg. "n" bar positive return following "high" volume
Avg. "n" bar negative following "high" volume
The script colors bars via gradient.
By default, bars are colored lime when volume for the interval is "high" (exceeds upper quartile thresholds). The greener the bar, the higher the volume for the interval.
Bars are colored red when volume for the interval is "low" (fails to exceed lower quartile thresholds). The redder the bar, the lower the volume for the interval.
Naturally, brownish-colored bars reflect a volume interval that concluded near the median.
The image above exemplifies the process. This feature might be useful to categorize / objectively define high-volume clusters, low-volume clusters, high-volume price moves, low-volume price moves, etc.
For greater precision, you can select to color bars by volume quartile they belong to.
The image above shows color-coordinated price bars. More details shown in the image.
Additionally, you can select to plot the quartile/percentile that a price bar belongs to on the chart.
The image above shows price bars numbered by the volume quartile they belong to.
The script will distinguish successive 90th percentile violations, superimpose a linear regression channel atop the data sequence, and record pertinent statistics.
The image above shows the process.
Lastly, the user can plot an anchored VWAP using a built-in time function.
The image above shows the anchored VWAP.
Range US Chart
A Range US chart operates irrespective of time and volume - simply - bars produce after a user-defined price move is achieved/exceeded in either direction. A range us chart produces “trend candles” and “reversal candles”. A reversal candle always moves against the most immediate bar; a trend candle always moves in favor of the most immediate bar. The user defines the dollar amount price must travel up/down for a trend candle to fulfill, and for a reversal candle to fulfill.
Note: if a “down reversal” candle (red) Is produced, it’s impossible for the next candle to also be a down reversal candle - for the downside move to continue the criteria for a down trend candle must be fulfilled. Similarly, if an “up reversal” candle (green) Is produced, it’s impossible for the next candle to also be an up reversal candle - for the upside move to continue, the criteria for an uptrend trend candle must be fulfilled. Consequently, Range US bars frequently trade at the same level for extended periods. This is intentional, as this chart type is theorized to “filter noise” (whether Range US charts fulfill this theory is to your discretion).
Lastly, if an up trend candle (green) is produced, the next candle cannot be up a reversal up candle - only a trend up candle or reversal down candle can produce - vice versa for a trend down candle (the subsequent candle cannot be a reversal down candle). In this sense, an uptrend continues on successive trend up candles; a down trend continues on successive trend down candles.
The image above exemplifies Range US chart functionality.
The lower-right stats table shows the requisite price move for a "Trend" candle to produce and for a "Reversal" candle to produce.
The default settings for this chart time automatically calculate the required "Trend" candle price move and the required "Reversal" candle price move. However, both settings are configurable.
The image above shows manually configured parameters for a trend bar and reversal bar to produce. This feature allows the user to replicate the Range US chart hosted on extrinsic charting platforms.
However, please consider that this script does not use tick data; 1-minute OHLC data is used for calculations.
Consequently, configuring the trend bar and reversal bar requirement too low may return inaccurate data. For instance, if you set trend candles to form after a $1 price move then trend candles will form if price moves up $1 from a green Range US bar or down $1 from a red Range US bar. This is sufficient for lower priced assets; however, if you were trading, for instance, Bitcoin - a $1 price move can happen numerous times in one minute. This script can’t plot bars and record data until a 1-minute bar closes and a new 1-minute bar opens. Further, if Bitcoin moves up $1 twenty times and down $1 twenty times in a 1-minute bar - your Range US chart will record such variations as one price move. This data is inaccurate and likely useless.
To counter this quandary, a warning message will appear if you configure trend bar price moves or reversal bar price moves too low.
The image above shows the concealable warning message.
The image above is a flow diagram (made with shaky hands) illustrating the Range US bar formation process.
A google search will return additional information on the Range US chart type.
Volume Aggregation Bars
TradingView user and member of the TradingView Discord server @ferreirajames informed me of the Volume Aggregation chart type. The user commented in the "Suggestions" channel for the TradingView Discord server asking for the Volume Aggregation chart type. As an interim fix, I tried my hand at recreating the process, which is available in this script.
Similar to the Range US chart type, Volume Aggregation bars aren’t bound to a time-axis; the bars form after a user-defined, cumulative amount of volume is achieved or exceeded. Consequently, once the cumulative amount of volume is achieved or exceeded - a bar is produced at the corresponding price level.
Underlying theory: The chat type is conducive to identifying price levels where traders are “trapped”. Whether the process adequately distinguishes this circumstance is to your discretion.
The image above exemplifies the Volume Aggregation chart type.
Regardless of the current price, Volume Aggregation bars for after a requisite amount of volume is achieved/exceeded. Tick data isn't used; therefore, remainder values are carry over.
By default, the script automatically calculates a proportional cumulative volume total to dictate the formation of Volume Aggregation bars. However, the cumulative threshold is configurable.
The image above shows Volume Aggregation bars forming subsequent a user-defined cumulative volume total being exceeded.
Note: This chart type uses OHLC data from the timeframe of your chart. Therefore, for instance, setting the volume threshold too low will produce inaccurate, useless data.
A warning message will appear for such occurrence.
Gaps
The indicator incorporates a "Gaps" chart type.
The image above shows accompanying features.
A list of all unfilled gaps is accessible - gaps for this list are sorted by distance from current price.
Partially filled gaps are displayed in the corresponding gap box - the percentage amount the gap was filled is also displayed.
Gap statistics show:
# of Gaps
# of Up Gaps
# of Down Gaps
Average # of bars to fill Up Gaps
Average # of bars to dill Down Gaps
Average Gap Up % increase
Average Gap Down % decrease
Cumulative % increase of all Up Gaps
Cumulative % decrease of all Down Gaps
Naturally, there may be gaps formed thousands of bars ago that aren't close to price. Showing these gaps on the chart will "scrunch" the y-axis and make prices indistinguishable.
I've added a setting that allows the user to hide gaps that are "n" % away from the current price. The gap, if unfilled, will reappear when price trades within the user-defined percentage.
The image above shows an example. There's an unfilled down gap that's "hidden" because the current price is a further % away from price than what I've specified in the settings (1%). When prices trade back within 1% of the gap - it will reappear.
The image above shows the process in action. Prices moved back within 1% (can be any %) of the gap; therefore, it reappeared on the chart.
You can also set the % distance a gap must achieve for it to be considered a gap, recorded and plotted. Additionally, you can select to "visualize" gaps. Similar to the Range US chart and the Volume Aggregation chart, this setting will bars reflecting the most recent sequence of gaps - date and percentage distance of the gap are superimposed atop the bar.
Let me know if there's anything else you'd like included!
Note: The initial compilation time for this script is.... high. However, once the script's compiled, calculation load times are quick and you can sift through assets and timeframes relatively quick.
There's also a setting to "Improve Load Times" in the user-inputs table. This setting only improves the load times for post-compilation calculations and plots. The initial compilation load time is unchanged. Simply, once the indicator has "first loaded", all subsequent loads are quick.
Thank you! (:
Percentage Volume VolatilityI was looking for a script similar to ATR that would show percentage point volatility relative to current price. It's way easier to compare 2 different tickers, with similar entry conditions, and judge witch one has bigger gains predisposition than calculating everything with just ATR value.
Unfortunately I haven't found any, so there is one I've composed out of ATR and VWAP. First choice is self explanatory, the VWAP on the other choice in my opinion shows more faithful average price than SMAs or EMAs. Feel free to adjust the script if You feel like it.
Cheers - Mizer.
Price Weighted VolumeReally simple: VWAP idea applied to volume, to see how much actual value is moving around. Great for assets pegged to fiat like USD, as it then shows how many dollars moved.
It's fun to pair with a long-term VWAP.
[FT]volume confirmation
I was inspired by an article talking about volume confirmation on breakouts. I find volume in isolation to be misleading at times. But I do like the concept of VWAP. What if you had a moving average influenced by volume ( VWAP ), and another moving average not influenced by volume ( SMA ) both calculated using the same price inputs and period length. If you compare the two and take their difference, the resulting histogram would be just the volume influence. This is not tested or vetted in any way. Maybe it'll inspire someone else to do more with it. I made it into a percentage scale, just to potentially better show the context of the range.
Enjoy.
Chart Mojo Noiz Day High/LowThis is an intraday indicator that indicates days high, low, mid range (50%), and vwap. I use it on a 5 min chart or under. Its for range trading, also breakouts, and I use the zone between the 50% of range and vwap as a target during the day at certain times..it has "gravity" ..when traders unwind and or position ahead of something, news or certain time zones with tendencies etc price is drawn towards it. Thanks to Noiz for working on the script. Hope it gives you some Chartmojo.
On Balance True Range and Kalman FilterThis is a modification of On Balance True Range where the plot is made on the chart based on VWAP. Getting the previous day values of this logic is useful in determining the major pivot points during the day. The intra day VWAP is also plotted to know if the price is being traded above or below the average price.
The script also has a Kalman Filter based moving average that acts as a short term moving average.
Concentric Geometry – Invariant MetricsConcentric Geometry – Invariant Metrics
This indicator demonstrates the invariant concept of a concentric circle around a selected price range. By anchoring two points (A & B), it calculates a set of ratios and slopes that remain consistent under concentric scaling of price and time. These invariants include the raw slope (ΔP/N), concentric slope, π-adjusted ratios, and √2 offsets — all of which can be used to explore deeper geometric relationships in the market.
What has been demonstrated here is not an “out-of-the-box” trading system. Instead, the outputs provide the raw invariant metrics from which the trader must derive their own ratios and extensions. For example, price-to-bar ratio inputs are not fixed — they need to be derived from the invariants themselves, and experimenting with them is the key to uncovering harmonic alignments and scaling behaviors.
Key features include:
• Range & Bars Analysis – Price range (ΔP) and bar count (N) between anchors.
• Core Invariants – Midpoint, radius (price and bar units), upper/lower bounds.
• Linear Slope Metrics – ΔP/N and √2 concentric slope.
• π-Adjusted Price/Bar – Harmonic arc-length ratio.
• Circumference & Offsets – Circle circumference, √2 and 1/√2 offsets in price and bar units.
This tool is best suited for traders studying market geometry, W.D. Gann principles, harmonic ratios, or the geometric methods of Michael Jenkins. It does not generate buy/sell signals — instead, it equips the trader with building blocks for geometric exploration.
Key point: The trader must experiment with the ratios derived from these metrics. Playing with different price-to-bar relationships unlocks the true potential of concentric market geometry, whether applied to dynamic anchored VWAPs, concentric overlays, or Vesica Piscis structures.
Use it to:
• Compare slopes across swings
• Derive new ratios from invariant metrics
• Anchor dynamic anchored VWAPs to concentric nodes
• Explore concentric or Vesica Piscis overlays
• Support advanced geometric trading strategies
EVWAP (Exponential smoothing volume weighted average)指数平滑出来高加重平均Although it is called VWAPS (volume weighted average), I tried remodeling the calculation formula to EMA style because I do not like big movement when the large foot of the volume comes out of the section.
I think that it is a good one, but the current situation is unknown.
By the extra, I put various lines so that I can draw them all at once.
VWAPS(出来高加重平均)と言うのがありますが、ボリュームの大きな足が区間から抜けた時に大きく動くのが気に入らないというわけで、計算式をEMA風に改造してみました。
良いものだとは思いますが、現状用途不明です。
おまけで、いろいろな線が一気に引けるよう入れて置きました。
SmartPlusSmartPlus
Overview
The SmartPlus indicator is a complete framework for intraday traders. It combines key market reference points (VWAP, moving averages, and the first 15-minute high/low range) with predictive levels based on historical daily moves. Together, these elements allow traders to build directional bias, spot breakouts, and manage risk throughout the session.
Key Features
1. VWAP (Volume-Weighted Average Price)
- Plots the intraday VWAP in real time.
- VWAP acts as a central “fair value” reference point for institutional order flow.
- Price trading above VWAP generally suggests bullish bias, while below VWAP leans bearish.
2. Exponential Moving Averages (EMAs)
- Two configurable EMAs are included:
- Fast EMA (default: 21 periods)
- Slow EMA (default: 34 periods)
- Each EMA is plotted with a single, user-selectable color for clarity.
- Crossovers or alignment between price, VWAP, and EMAs help define market structure.
3. Smart Bar Coloring
- Candles automatically change color when conditions align:
- Bull Zone: Price above VWAP, Fast EMA, and Slow EMA.
- Bear Zone: Price below VWAP, Fast EMA, and Slow EMA.
- Fluorescent bar coloring helps highlight momentum zones visually without additional analysis.
4. First 15-Minute High/Low/Mid (Automatic)
- Automatically detects the first 15 minutes of each new trading day (no manual input required).
- Plots horizontal lines for:
- First 15-Minute High (green)
- First 15-Minute Low (red)
- Midpoint of that range (gray)
- Once the initial 15-minute window ends, these levels remain projected throughout the session as breakout or support/resistance zones.
- Alerts trigger when price breaks above the high or below the low after the window.
5. Daily Support/Resistance Forecast
- Uses a rolling lookback of recent daily ranges (default: 126 days).
- Tracks average up moves and down moves from the daily open.
- Optionally incorporates standard deviation for wider confidence bands.
- Plots forecast levels above/below the current day’s open for reference.
Trading Logic (How to Use)
- Bullish Bias:
- Price is above VWAP, above both EMAs, and ideally above the first 15-minute high.
- This setup suggests trend continuation or breakout opportunities on the long side.
- Bearish Bias:
- Price is below VWAP, below both EMAs, and ideally below the first 15-minute low.
- This setup suggests downward pressure or breakout opportunities on the short side.
- Neutral / Caution Zone:
- Price caught between VWAP, EMAs, or inside the 15-minute range often signals indecision.
- Best to wait for confirmation or breakout before committing to trades.
Expectations After Using It
- The script provides context and structure, not trading signals.
- It highlights where price is relative to meaningful market levels so traders can act with greater confidence.
- Combining VWAP, EMAs, and the 15-minute breakout framework helps traders stay aligned with the market’s natural rhythm.
Disclaimer
This script is a tool for market analysis and educational purposes only.
It does not constitute financial advice, trading recommendations, or guaranteed profitability.
Markets are inherently risky, and past patterns do not ensure future results.
Always combine this tool with sound risk management, personal research, and professional guidance before making any trading decisions.
NQ Phantom Scalper Pro# 👻 NQ Phantom Scalper Pro
**Advanced VWAP Mean Reversion Strategy with Volume Confirmation**
## 🎯 Strategy Overview
The NQ Phantom Scalper Pro is a sophisticated mean reversion strategy designed specifically for Nasdaq 100 (NQ) futures scalping. This strategy combines Volume Weighted Average Price (VWAP) bands with intelligent volume spike detection to identify high-probability reversal opportunities during optimal market hours.
## 🔧 Key Features
### VWAP Band System
- **Dynamic VWAP Bands**: Automatically adjusting standard deviation bands based on intraday volatility
- **Multiple Band Levels**: Configurable Band #1 (entry trigger) and Band #2 (profit target reference)
- **Flexible Anchoring**: Choose from Session, Week, Month, Quarter, or Year-based VWAP calculations
### Volume Intelligence
- **Volume Spike Detection**: Only triggers entries when volume exceeds SMA by configurable multiplier
- **Relative Volume Display**: Real-time volume strength indicator in info panel
- **Optional Volume Filter**: Can be disabled for testing alternative setups
### Advanced Time Management
- **12-Hour Format**: User-friendly time inputs (9 AM - 4 PM default)
- **Lunch Filter**: Automatically avoids low-liquidity lunch period (12-2 PM)
- **Visual Time Zones**: Color-coded background for active/inactive periods
- **Market Hours Focus**: Optimized for peak NQ trading sessions
### Smart Risk Management
- **ATR-Based Stops**: Volatility-adjusted stop losses using Average True Range
- **Dual Exit Strategy**: VWAP mean reversion + fixed profit targets
- **Adjustable Risk-Reward**: Configurable target ratio to opposite VWAP band
- **Position Sizing**: Percentage-based equity allocation
### Optional Trend Filter
- **EMA Trend Alignment**: Optional trend filter to avoid counter-trend trades
- **Configurable Period**: Adjustable EMA length for trend determination
- **Toggle Functionality**: Enable/disable based on market conditions
## 📊 How It Works
### Entry Logic
**Long Entries**: Triggered when price touches lower VWAP band + volume spike during active hours
**Short Entries**: Triggered when price touches upper VWAP band + volume spike during active hours
### Exit Strategy
1. **VWAP Mean Reversion**: Early exit when price returns to VWAP center line
2. **Profit Target**: Fixed target based on percentage to opposite VWAP band
3. **Stop Loss**: ATR-based protective stop
### Visual Elements
- **VWAP Center Line**: Blue line showing volume-weighted fair value
- **Green Bands**: Entry trigger levels (Band #1)
- **Red Bands**: Extended levels for target reference (Band #2)
- **Orange EMA**: Trend filter line (when enabled)
- **Background Colors**: Yellow (lunch), Gray (after hours), Clear (active trading)
- **Info Panel**: Real-time metrics display
## ⚙️ Recommended Settings
### Timeframes
- **Primary**: 1-5 minute charts for scalping
- **Validation**: Test on 15-minute for swing applications
### Market Conditions
- **Best Performance**: Ranging/choppy markets with good volume
- **Trend Markets**: Enable trend filter to avoid counter-trend trades
- **High Volatility**: Increase ATR multiplier for stops
### Session Optimization
- **Pre-Market**: Generally avoided (low volume)
- **Morning Session**: 9:30 AM - 12:00 PM (high activity)
- **Lunch Period**: 12:00 PM - 2:00 PM (filtered by default)
- **Afternoon Session**: 2:00 PM - 4:00 PM (good volume)
- **After Hours**: Generally avoided (wide spreads)
## ⚠️ Risk Disclaimer
This strategy is for educational purposes only and does not constitute financial advice. Past performance does not guarantee future results. Trading futures involves substantial risk of loss and is not suitable for all investors. Users should:
- Thoroughly backtest on historical data
- Start with small position sizes
- Understand the risks of leveraged trading
- Consider transaction costs and slippage
- Never risk more than you can afford to lose
## 📈 Performance Tips
1. **Volume Threshold**: Adjust volume multiplier based on average NQ volume patterns
2. **Band Sensitivity**: Modify band multipliers for different volatility regimes
3. **Time Filters**: Customize trading hours based on your timezone and preferences
4. **Trend Alignment**: Use trend filter during strong directional markets
5. **Risk Management**: Always maintain consistent position sizing and risk parameters
**Version**: 6.0 Compatible
**Asset**: Optimized for NASDAQ 100 Futures (NQ)
**Style**: Mean Reversion Scalping
**Frequency**: High-Frequency Trading Ready
Dashboard Trends📊 Dashboard Trends + Anchored Daily VWAP
This indicator provides a real-time multi-timeframe trend dashboard alongside a daily anchored VWAP system, helping you assess both macro and intraday market sentiment at a glance.
🔍 Key Features
✅ Multi-Timeframe Trend Analysis
Tracks whether EMA(22) is above EMA(200) across:
1m, 10m, 30m, 4h, 1D timeframes
Color-coded "Bullish"/"Bearish" status for each
Aggregated trend summary using 6 signals (including VWAP)
✅ Anchored Daily VWAP
Uses ta.vwap to provide a session-resetting daily VWAP
VWAP resets at the beginning of each trading day
Live update throughout the day
Supports pre-market and after-hours if chart includes ETH
✅ VWAP Bands (±1σ to ±3σ)
Optional bands show price deviation from VWAP
Fully customizable:
Enable/disable each band
Set deviation multiplier
Adjust color and visibility
✅ Visual Dashboard
Table display in the bottom-right corner
Shows trend status per timeframe + VWAP + Summary
Easy-to-read green/yellow/red color codes
⚙️ Customization
Toggle VWAP line on/off
Enable or disable any band level
Adjust standard deviation multiplier
Choose your VWAP and band colors
🧠 Summary Logic
Strong Bull: 6 bullish signals
Bull: 5 signals
Mixed: 3–4 signals
Bear: 2 signals
Strong Bear: 0–1 signals
This tool is perfect for traders looking to combine trend-following and intraday mean-reversion awareness, with all the critical data visualized in one compact dashboard.
MTF Candle Direction Forecast + Breakdown🧭 MTF Candle Direction Forecast + Breakdown 🔥📈🔼
This script is a multi-timeframe (MTF) price action dashboard that helps traders assess real-time directional bias across five customizable timeframes — with a focus on candle behavior, trend alignment, and confidence strength.
📌 What It Does
For each timeframe, this dashboard summarizes:
Current direction → Bullish, Bearish, or Neutral
Confidence score (0–100) → How strongly price is likely to continue in that direction
Candle strength → 🔥 icon appears if the current candle has a large body relative to its range
Trend alignment:
📈 = EMA9 is above EMA20
🔼 = Price is above VWAP
Color-coded background to visually reinforce directional state
Each row gives you a visual “at-a-glance” readout of what price is doing right now — not in the past.
💡 Why It’s Useful
✅ Direction forecasting based on price action
Instead of lagging indicators, this script prioritizes:
Candle body-to-range ratio (momentum)
Real-time VWAP/EMA structure
Immediate price positioning
✅ Confidence is quantified
The score (0–100) helps you judge how reliable each directional signal is:
90+ → Strong conviction
50–70 → Mixed but potentially valid
<40 → Weak move or early signal
✅ Timeframe confluence at a glance
See whether multiple timeframes are aligning directionally — helpful for scalping, day trading, or waiting for multi-timeframe breakout setups.
✅ Visual & intuitive
Icons, colors, and layout make it easy to scan your dashboard instead of deciphering charts or code.
🛠️ Adjustable Settings
Setting Description
Timeframe 1–5 Choose any timeframes to monitor (e.g., 5m, 15m, 1h, 4h)
Candle Display Mode Show trend color via emoji (🟢/🔴) or background shading
Strong Candle Threshold Adjust the body-to-range % needed to trigger 🔥 strength
Bullish/Bearish Background Customize label color coding
Neutral Background (opacity) Set transparency or styling for flat/consolidating zones
Table Location Place the dashboard anywhere on the chart
🎯 Use Cases
Scalpers: Confirm trend across 1m/5m/15m before entering
Day Traders: Use confidence score to avoid low-momentum setups
Swing Traders: Monitor higher timeframes for trend shifts while tracking intraday noise
VWAP/EMA traders: Quickly see when price is reclaiming or losing critical trend levels
🧠 What Makes It Unique?
Unlike generic trend meters or mashups of standard indicators, this script:
Uses live candle dynamics (not just closes or lagging values)
Computes directional bias and confidence together
Visualizes strength and structure in a compact, readable interface
Let’s you filter by price action, not just indicator alignment
💥 Why Traders Love Will Love It
✅ Instant clarity on which timeframes agree
✅ No more guessing candle strength or trend health
✅ Confidence score keeps you out of weak trades
✅ Works with any strategy — trend following, VWAP reclaim, EMA scalps, even breakouts
✅ Keeps your chart clean — all the context, none of the clutter
⚠️ Transparency🧬 Under the Hood
Powered by live candle body analysis, trend structure (EMA9 vs EMA20), and VWAP placement.
All scores are generated in real-time — No repainting or lookahead bias: all values are computed with lookahead=barmerge.lookahead_on
Confidence scores reflect the current candle only — they do not predict future moves but measure momentum and alignment in real-time
Labels update per bar and respond to subtle shifts in candle structure and trend indicators
✅ MTF Trend Snapshot (Live Output Example Shown in Chart Above)
This dashboard gives you a fast, visual summary of market trend and momentum across 5 timeframes. Here's what it's telling you right now:
🕔 5 Minute (5m)
📉 EMA Trend: Down
🔼 Price: Above VWAP
Direction: Bearish (42)
🟥 Weak bearish bias. Short-term pullback against a stronger trend. Use caution — lower confidence and mixed structure.
⏱️ 15 Minute (15m)
📈 EMA Trend: Up
🔼 Price: Above VWAP
Direction: Bullish (73)
🟩 Clean bullish structure with growing momentum. Solid for intraday confirmation.
🕧 30 Minute (30m)
📈 EMA Trend: Up
🔼 Price: Above VWAP
Direction: Bullish (77)
🟩 Stronger trend forming. Above VWAP and EMAs — building conviction.
🕐 1 Hour (1h)
📈 EMA Trend: Up
🔼 Price: Above VWAP
Direction: Bullish (70)
🟩 Confident, clean trend. Good alignment across indicators. Ideal timeframe for swing entries.
🕓 4 Hour (4h)
🔥 Strong Candle
📈 EMA Trend: Up
🔼 Price: Above VWAP
Direction: Bullish (100)
🟩 Full trend alignment with max momentum. Strong body candle + structure — high confidence continuation.
🧠 Quick Takeaway
🔻 5m is pulling back short term
✅ 15m through 4h are fully aligned Bullish
🔥 4h has max confidence — big-picture trend is intact
📈 Ideal setup for momentum traders looking to ride trend with multi-timeframe confirmation
Try pinning this dashboard to your chart during live trading to read price like a story across timeframes, and filter out weak setups with low-confidence noise.
Displaced MAsDisplaced Moving Averages with Customizable Bands
Overview
The "Displaced Moving Averages with Customizable Bands" indicator is a powerful and versatile tool designed to provide a comprehensive view of price action in relation to various moving averages (MAs) and their volatility. It offers a high degree of customization, allowing traders to tailor the indicator to their specific needs and trading styles. The indicator features a primary moving average with multiple configurable percentage-based displacement bands. It also includes additional moving averages with standard deviation bands for a more in-depth analysis of different timeframes.
Key Features
Multiple Moving Average Types:
Choose from a wide range of popular moving average types for the primary MA calculation:
WMA (Weighted Moving Average)
EMA (Exponential Moving Average)
SMA (Simple Moving Average)
HMA (Hull Moving Average)
VWAP (Volume-Weighted Average Price)
Smoothed VWAP
Rolling VWAP
The flexibility to select the most appropriate MA type allows you to adapt the indicator to different market conditions and trading strategies.
Smoothed VWAP with Customizable Smoothing:
When "Smoothed VWAP" is selected, you can further refine it by choosing a smoothing type: SMA, EMA, WMA, or HMA.
Customize the smoothing period based on the chart's timeframe (1H, 4H, D, W) or use a default period. This feature offers fine-grained control over the responsiveness of the VWAP calculation.
Rolling VWAP with Adjustable Lookback:
The "Rolling VWAP" option calculates the VWAP over a user-defined lookback period.
Customize the lookback length for different timeframes (1H, 4H, D, W) or use a default period. This provides a dynamic VWAP calculation that adapts to the chosen timeframe.
Customizable Lookback Lengths:
Define the lookback period for the primary moving average calculation.
Tailor the lookback lengths for different timeframes (1H, 4H, D, W) or use a default value.
This allows you to adjust the sensitivity of the MA to recent price action based on the timeframe you are analyzing. Also has inputs for 5m, and 15m timeframes.
Percentage-Based Displacement Bands:
The core feature of this indicator is the ability to plot multiple displacement bands above and below the primary moving average.
These bands are calculated as a percentage offset from the MA, providing a clear visualization of price deviations.
Visibility Toggles: Independently show or hide each band (+/- 2%, 5%, 7%, 10%, 15%, 20%, 25%, 30%, 40%, 50%, 60%, 70%).
Customizable Colors: Assign unique colors to each band for easy visual identification.
Adjustable Multipliers: Fine-tune the percentage displacement for each band using individual multiplier inputs.
The bands are useful for identifying potential support and resistance levels, overbought/oversold conditions, and volatility expansions/contractions.
Labels for Displacement Bands:
The indicator displays labels next to each plotted band, clearly indicating the percentage displacement (e.g., "+7%", "-15%").
Customize the label text color for optimal visibility.
The labels can be horizontally offset by a user-defined number of bars.
Additional Moving Averages with Standard Deviation Bands:
The indicator includes three additional moving averages, each with upper and lower standard deviation bands. These are designed to provide insights into volatility on different timeframes.
Timeframe Selection: Choose the timeframes for these additional MAs (e.g., Weekly, 4-Hour, Daily).
Sigma (Standard Deviation Multiplier): Adjust the standard deviation multiplier for each MA.
MA Length: Set the lookback period for each additional MA.
Visibility Toggles: Show or hide the lower band of MA1, the middle/upper/lower bands of MA2, and the bands of MA3.
4h Bollinger Middle MA is unticked by default to provide a less cluttered chart
These additional MAs are particularly useful for multi-timeframe analysis and identifying potential trend reversals or volatility shifts.
How to Use
Add the indicator to your TradingView chart.
Customize the settings:
Select the desired Moving Average Type for the primary MA.
If using Smoothed VWAP, choose the Smoothing Type and adjust the Smoothing Period for different timeframes.
If using Rolling VWAP, adjust the Lookback Length for different timeframes.
Set the Lookback Length for the primary MA for different timeframes.
Toggle the visibility of the Displacement Bands and adjust their Colors and Multipliers.
Customize the Label Text Color and Offset.
Configure the Timeframes, Sigma, and MA Length for the additional moving averages.
Toggle the visibility of the additional MA bands.
Interpret the plotted lines and bands:
Primary MA: Represents the average price over the selected lookback period, calculated using the chosen MA type.
Displacement Bands: Indicate potential support and resistance levels, overbought/oversold conditions, and volatility ranges. Price trading outside these bands may signal significant deviations from the average.
Additional MAs with Standard Deviation Bands: Provide insights into volatility on different timeframes. Wider bands suggest higher volatility, while narrower bands indicate lower volatility.
Potential Trading Applications
Trend Identification: Use the primary MA to identify the overall trend direction.
Support and Resistance: The displacement bands can act as dynamic support and resistance levels.
Overbought/Oversold: Price reaching the outer displacement bands may suggest overbought or oversold conditions, potentially indicating a pullback or reversal.
Volatility Analysis: The standard deviation bands of the additional MAs can help assess volatility on different timeframes.
Multi-Timeframe Analysis: Combine the primary MA with the additional MAs to gain a broader perspective on price action across multiple timeframes.
Entry and Exit Signals: Use the interaction of price with the MA and bands to generate potential entry and exit signals. For example, a bounce off a lower band could be a buy signal, while a rejection from an upper band could be a sell signal.
Disclaimer
This indicator is for informational and educational purposes only and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results. Always conduct thorough research and consider your risk tolerance before making any trading decisions.
Enjoy using the "Displaced Moving Averages with Customizable Bands" indicator!
Advanced VWAP_Pullback Strategy_Trend-Template QualifierGeneral Description and Unique Features of this Script
Introducing the Advanced VWAP Momentum-Pullback Strategy (long-only) that offers several unique features:
1. Our script/strategy utilizes Mark Minervini's Trend-Template as a qualifier for identifying stocks and other financial securities in confirmed uptrends. Mark Minervini, a 2x US Investment Champion, developed the Trend-Template, which covers eight different and independent characteristics that can be adjusted and optimized in this trend-following strategy to ensure the best results. The strategy will only trigger buy-signals in case the optimized qualifiers are being met.
2. Our strategy is based on the supply/demand balance in the market, making it timeless and effective across all timeframes. Whether you are day trading using 1- or 5-min charts or swing-trading using daily charts, this strategy can be applied and works very well.
3. We have also integrated technical indicators such as the RSI and the MA / VWAP crossover into this strategy to identify low-risk pullback entries in the context of confirmed uptrends. By doing so, the risk profile of this strategy and drawdowns are being reduced to an absolute minimum.
Minervini’s Trend-Template and the ‘Stage-Analysis’ of the Markets
This strategy is a so-called 'long-only' strategy. This means that we only take long positions, short positions are not considered.
The best market environment for such strategies are periods of stable upward trends in the so-called stage 2 - uptrend.
In stable upward trends, we increase our market exposure and risk.
In sideways markets and downward trends or bear markets, we reduce our exposure very quickly or go 100% to cash and wait for the markets to recover and improve. This allows us to avoid major losses and drawdowns.
This simple rule gives us a significant advantage over most undisciplined traders and amateurs!
'The Trend is your Friend'. This is a very old but true quote.
What's behind it???
• 98% of stocks made their biggest gains in a Phase 2 upward trend.
• If a stock is in a stable uptrend, this is evidence that larger institutions are buying the stock sustainably.
• By focusing on stocks that are in a stable uptrend, the chances of profit are significantly increased.
• In a stable uptrend, investors know exactly what to expect from further price developments. This makes it possible to locate low-risk entry points.
The goal is not to buy at the lowest price – the goal is to buy at the right price!
Each stock goes through the same maturity cycle – it starts at stage 1 and ends at stage 4
Stage 1 – Neglect Phase – Consolidation
Stage 2 – Progressive Phase – Accumulation
Stage 3 – Topping Phase – Distribution
Stage 4 – Downtrend – Capitulation
This strategy focuses on identifying stocks in confirmed stage 2 uptrends. This in itself gives us an advantage over long-term investors and less professional traders.
By focusing on stocks in a stage 2 uptrend, we avoid losses in downtrends (stage 4) or less profitable consolidation phases (stages 1 and 3). We are fully invested and put our money to work for us, and we are fully invested when stocks are in their stage 2 uptrends.
But how can we use technical chart analysis to find stocks that are in a stable stage 2 uptrend?
Mark Minervini has developed the so-called 'trend template' for this purpose. This is an essential part of our JS-TechTrading pullback strategy. For our watchlists, only those individual values that meet the tough requirements of Minervini's trend template are eligible.
The Trend Template
• 200d MA increasing over a period of at least 1 month, better 4-5 months or longer
• 150d MA above 200d MA
• 50d MA above 150d MA and 200d MA
• Course above 50d MA, 150d MA and 200d MA
• Ideally, the 50d MA is increasing over at least 1 month
• Price at least 25% above the 52w low
• Price within 25% of 52w high
• High relative strength according to IBD.
NOTE: In this basic version of the script, the Trend-Template has to be used as a separate indicator on TradingView (Public Trend-Template indicators are available in TradingView – community scripts). It is recommended to only execute buy signals in case the stock or financial security is in a stage 2 uptrend, which means that the criteria of the trend-template are fulfilled.
This strategy can be applied to all timeframes from 5 min to daily.
The VWAP Momentum-Pullback Strategy
For the JS-TechTrading VWAP Momentum-Pullback Strategy, only stocks and other financial instruments that meet the selected criteria of Mark Minervini's trend template are recommended for algorithmic trading with this startegy.
A further prerequisite for generating a buy signals is that the individual value is in a short-term oversold state (RSI).
When the selling pressure is over and the continuation of the uptrend can be confirmed by the MA / VWAP crossover after reaching a price low, a buy signal is issued by this strategy.
Stop-loss limits and profit targets can be set variably. You also have the option to make use of the trailing stop exit strategy.
Relative Strength Index (RSI)
The Relative Strength Index (RSI) is a technical indicator developed by Welles Wilder in 1978. The RSI is used to perform a market value analysis and identify the strength of a trend as well as overbought and oversold conditions. The indicator is calculated on a scale from 0 to 100 and shows how much an asset has risen or fallen relative to its own price in recent periods.
The RSI is calculated as the ratio of average profits to average losses over a certain period of time. A high value of the RSI indicates an overbought situation, while a low value indicates an oversold situation. Typically, a value > 70 is considered an overbought threshold and a value < 30 is considered an oversold threshold. A value above 70 signals that a single value may be overvalued and a decrease in price is likely , while a value below 30 signals that a single value may be undervalued and an increase in price is likely.
For example, let's say you're watching a stock XYZ. After a prolonged falling movement, the RSI value of this stock has fallen to 26. This means that the stock is oversold and that it is time for a potential recovery. Therefore, a trader might decide to buy this stock in the hope that it will rise again soon.
The MA / VWAP Crossover Trading Strategy
This strategy combines two popular technical indicators: the Moving Average (MA) and the Volume Weighted Average Price (VWAP). The MA VWAP crossover strategy is used to identify potential trend reversals and entry/exit points in the market.
The VWAP is calculated by taking the average price of an asset for a given period, weighted by the volume traded at each price level. The MA, on the other hand, is calculated by taking the average price of an asset over a specified number of periods. When the MA crosses above the VWAP, it suggests that buying pressure is increasing, and it may be a good time to enter a long position. When the MA crosses below the VWAP, it suggests that selling pressure is increasing, and it may be a good time to exit a long position or enter a short position.
Traders typically use the MA VWAP crossover strategy in conjunction with other technical indicators and fundamental analysis to make more informed trading decisions. As with any trading strategy, it is important to carefully consider the risks and potential rewards before making any trades.
This strategy is applicable to all timeframes and the relevant parameters for the underlying indicators (RSI and MA/VWAP) can be adjusted and optimized as needed.
Backtesting
Backtesting gives outstanding results on all timeframes and drawdowns can be reduced to a minimum level. In this example, the hourly chart for MCFT has been used.
Settings for backtesting are:
- Period from Jan 2020 until March 2023
- Starting capital 100k USD
- Position size = 25% of equity
- 0.01% commission = USD 2.50.- per Trade
- Slippage = 2 ticks
Other comments
- This strategy has been designed to identify the most promising, highest probability entries and trades for each stock or other financial security.
- The combination of the Trend-Template and the RSI qualifiers results in a highly selective strategy which only considers the most promising swing-trading entries. As a result, you will normally only find a low number of trades for each stock or other financial security per year in case you apply this strategy for the daily charts. Shorter timeframes will result in a higher number of trades / year.
- Consequently, traders need to apply this strategy for a full watchlist rather than just one financial security.
HYE Trend Hunter [Strategy]*** Stratejinin Türkçe ve İngilizce açıklaması aşağıya eklenmiştir.
HYE Trend Hunter
In this strategy, two of the most basic data (price and volume) necessary for detecting trends as early as possible and entering the trade on time are used. In this context, the approaches of some classical and new generation indicators using price and volume have been taken into account.
The strategy is prepared to generate buy signals only. The following steps were followed to generate the buy and exit signals.
1-) First of all, the two most basic data of the strategy, “slow leading line” and “fast leading line” need to be calculated. For this, we use the formula of the “senkou span A” line of the indicator known as the Ichimoku Cloud. We also need to calculate lines known as tenkan sen and kijun sen in ichimoku because they are used in the calculation of this formula.
The high and low values of the candles are taken into account when calculating the Tenkansen, Kijunsen and Senkou Span A lines in the Ichimoku cloud. In this strategy, the highest and lowest values of the periodic VWAP are taken into account when calculating the "slow leading line" and "fast leading line". (The periodic vwap formula was coded and made available by @neolao on tradingviev). Also, in the ichimoku cloud, while the Senkou Span A line is plotted 26 periods into the future, we consider the values of the fast and slow leading lines in the last candle in this strategy.
ORIGINAL ICHIMOKU SPAN A FORMULA
Tenkansen = (Highest high of the last 9 candles + Lowest low of the last 9 candles) / 2
Kijunsen = (Highest high of the last 26 candles + Lowest low of the last 26 candles) / 2
Senkou Span A = Tenkansen + Kijunsen / 2
HYE TREND HUNTER SPAN A FORMULA*
Tenkansen = (Highest VWAP of the last 9 candles + Lowest VWAP of the last 9 candles) / 2
Kijunsen = (Highest VWAP of the last 26 candles + Lowest VWAP of the last 26 candles) / 2
Senkou Span A = Tenkansen + Kijunsen / 2
* We use the original ichimoku values 9 and 26 for the slow line, and 5 and 13 for the fast line. These settings can be changed from the strategy settings.
2-) At this stage, we have 2 lines that we obtained by using the formula of the ichimoku cloud, one of the most classical trend indicators, and by including the volume-weighted average price.
a-) Fast Leading Line (5-13)
b-) Slow Leading Line (9-26)
For the calculation we will do soon, we get a new value by taking the average of these two lines. Using this value, which is the average of the fast and slow leading lines, we plot the Bollinger Bands indicator, which is known as one of the most classic volatility indicators of technical analysis. Thus, we are trying to understand whether there is a volatility change in the market, which may mean the presence of a trend start. We will use this data in the calculation of buy-sell signals.
In the classical Bollinger Bands calculation, the standard deviation is calculated by applying a multiplier at the rate determined by the user (2 is used in the original settings) to the moving average calculated with the “closing price”, and this value is added or subtracted from the moving average and upper band and lower band lines are drawn.
In the HYE Trend Hunter Strategy, instead of the moving average calculated with the closing price in the Bollinger Band calculation, we consider the average of the fast and slow leading lines calculated in the 1st step and draw the Bollinger upper and lower bands accordingly. We use the values of 2 and 20 as the standard deviation and period, as in the original settings. These settings can also be changed from the strategy settings.
3-) At this stage, we have fast and slow leading lines trying to understand the trend direction using VWAP, and Bollinger lower and upper bands calculated by the average of these lines.
In this step, we will use another tool that will help us understand whether the invested market (forex, crypto, stocks) is gaining momentum in volume. The Time Segmented Volume indicator was created by the Worden Brothers Inc. and coded by @liw0 and @vitelot on tradingview. The TSV indicator segments the price and volume of an investment instrument according to certain time periods and makes calculations on comparing these price and volume data to reveal the buying and selling periods.
To trade in the buy direction on the HYE Trend Hunter Strategy, we look for the TSV indicator to be above 0 and above its exponential moving average value. TSV period and exponential moving average period settings (13 and 7) can also be changed in the strategy settings.
BUY SIGNAL
1-) Fast Leading Line value should be higher than the Fast Leading Line value in the previous candle.
2-) Slow Leading Line value should be higher than the Slow Leading Line value in the previous candle.
3-) Candle Closing value must be higher than the Upper Bollinger Band.
4-) TSV value must be greater than 0.
5-) TSV value must be greater than TSVEMA value.
EXIT SIGNAL
1-) Fast Leading Line value should be lower than the Fast Leading Line value in the previous candle.
2-) Slow Leading Line value should be lower than the Slow Leading Line value in the previous candle.
TIPS AND WARNINGS
1-) The standard settings of the strategy work better in higher timeframes (4-hour, daily, etc.). For lower timeframes, you should change the strategy settings and find the best value for yourself.
2-) All lines (fast and slow leading lines and Bollinger bands) except TSV are displayed on the strategy. For a simpler view, you can hide these lines in the strategy settings.
3-) You can see the color changes of the fast and slow leading lines as well as you can specify a single color for these lines in the strategy settings.
4-) It is an strategy for educational and experimental purposes. It cannot be considered as investment advice. You should be careful and make your own risk assessment when opening real market trades using this strategy.
_______________________________________________
HYE Trend Avcısı
Bu stratejide, trendlerin olabildiğince erken tespit edilebilmesi ve zamanında işleme girilebilmesi için gerekli olan en temel iki veriden (fiyat ve hacim) yararlanılmaktadır. Bu kapsamda, fiyat ve hacim kullanan bazı klasik ve yeni nesil indikatörlerin yaklaşımları dikkate alınmıştır.
Strateji yalnızca alış yönlü sinyaller üretecek şekilde hazırlanmıştır. Alış ve çıkış sinyallerinin üretilmesi için aşağıdaki adımlar izlenmiştir.
1-) Öncelikle, stratejinin en temel iki verisi olan “yavaş öncü çizgi” ve “hızlı öncü çizgi” hesaplamasının yapılması gerekiyor. Bunun için de Ichimoku Bulutu olarak bilinen indikatörün “senkou span A” çizgisinin formülünü kullanıyoruz. Bu formülün hesaplamasında kullanılmaları nedeniyle ichimoku’da tenkan sen ve kijun sen olarak bilinen çizgileri de hesaplamamız gerekiyor.
Ichimoku bulutunda Tenkansen, Kijunsen ve Senkou Span A çizgileri hesaplanırken mumların yüksek ve düşük değerleri dikkate alınıyor. Bu stratejide ise “yavaş öncü çizgi” ve “hızlı öncü çizgi” hesaplanırken periyodik VWAP’ın en yüksek ve en düşük değerleri dikkate alınıyor. (Periyodik vwap formülü, tradingviev’de @neolao tarafından kodlanmış ve kullanıma açılmış). Ayrıca, ichimoku bulutunda Senkou Span A çizgisi geleceğe yönelik çizilirken (26 mum ileriye dönük) biz bu stratejide öncü çizgilerin son mumdaki değerlerini dikkate alıyoruz.
ORJİNAL ICHIMOKU SPAN A FORMÜLÜ
Tenkansen = (Son 9 mumun en yüksek değeri + Son 9 mumun en düşük değeri) / 2
Kijunsen = (Son 26 mumun en yüksek değeri + Son 26 mumun en düşük değeri) / 2
Senkou Span A = Tenkansen + Kijunsen / 2
HYE TREND HUNTER SPAN A FORMÜLÜ*
Tenkansen = (Son 9 mumun en yüksek VWAP değeri + Son 9 mumun en düşük VWAP değeri) / 2
Kijunsen = (Son 26 mumun en yüksek VWAP değeri + Son 26 mumun en düşük VWAP değeri) / 2
Senkou Span A = Tenkansen + Kijunsen / 2
* Yavaş çizgi için orijinal ichimoku değerleri olan 9 ve 26’yı kullanırken, hızlı çizgi için 5 ve 13’ü kullanıyoruz. Bu ayarlar, strateji ayarlarından değiştirilebiliyor.
2-) Bu aşamada, elimizde en klasik trend indikatörlerinden birisi olan ichimoku bulutunun formülünden faydalanarak, işin içinde hacim ağırlıklı ortalama fiyatı da sokmak suretiyle elde ettiğimiz 2 çizgimiz var.
a-) Hızlı Öncü Çizgi (5-13)
b-) Yavaş Öncü Çizgi (9-26)
Birazdan yapacağımız hesaplama için bu iki çizginin de ortalamasını alarak yeni bir değer elde ediyoruz. Hızlı ve yavaş öncü çizgilerin ortalaması olan bu değeri kullanarak, teknik analizin en klasik volatilite indikatörlerinden birisi olarak bilinen Bollinger Bantları indikatörünü çizdiriyoruz. Böylelikle piyasada bir trend başlangıcının varlığı anlamına gelebilecek volatilite değişikliği var mı yok mu anlamaya çalışıyoruz. Bu veriyi al-sat sinyallerinin hesaplamasında kullanacağız.
Klasik Bollinger Bantları hesaplamasında, “kapanış fiyatıyla” hesaplanan hareketli ortalamaya, kullanıcı olarak belirlenen oranda (orijinal ayarlarında 2 kullanılır) bir çarpan uygulanarak standart sapma hesaplanıyor ve bu değer hareketli ortalamaya eklenip çıkartılarak üst bant ve alt bant çizgileri çiziliyor.
HYE Trend Avcısı stratejisinde, Bollinger Bandı hesaplamasında kapanış fiyatıyla hesaplanan hareketli ortalama yerine, 1. adımda hesapladığımız hızlı ve yavaş öncü çizgilerin ortalamasını dikkate alıyoruz ve buna göre bollinger üst ve alt bantlarını çizdiriyoruz. Standart sapma ve periyot olarak yine orijinal ayarlarında olduğu gibi 2 ve 20 değerlerini kullanıyoruz. Bu ayarlar da strateji ayarlarından değiştirilebiliyor.
3-) Bu aşamada, elimizde VWAP kullanarak trend yönünü anlamaya çalışan hızlı ve yavaş öncü çizgilerimiz ile bu çizgilerin ortalaması ile hesaplanan bollinger alt ve üst bantlarımız var.
Bu adımda, yatırım yapılan piyasanın (forex, kripto, hisse senedi) hacimsel olarak ivme kazanıp kazanmadığını anlamamıza yarayacak bir araç daha kullanacağız. Time Segmented Volume indikatörü, Worden Kardeşler şirketi tarafından oluşturulmuş ve tradingview’de @liw0 ve @vitelot tarafından kodlanarak kullanıma açılmış. TSV indikatörü, bir yatırım aracının fiyatını ve hacmini belirli zaman aralıklarına göre bölümlere ayırarak, bu fiyat ve hacim verilerini, alış ve satış dönemlerini ortaya çıkarmak için karşılaştırmak üzerine hesaplamalar yapar.
HYE Trend Avcısı stratejisinde alış yönünde işlem yapmak için, TSV indikatörünün 0’ın üzerinde olmasını ve kendi üstel hareketli ortalama değerinin üzerinde olmasını arıyoruz. TSV periyodu ve üstel hareketli ortalama periyodu ayarları da (13 ve 7) strateji ayarlarından değiştirilebiliyor.
ALIŞ SİNYALİ
1-) Hızlı Öncü Çizgi değeri bir önceki mumdaki Hızlı Öncü Çizgi değerinden yüksek olmalı.
2-) Yavaş Öncü Çizgi değeri bir önceki mumdaki Yavaş Öncü Çizgi değerinden yüksek olmalı.
3-) Kapanış Değeri, Üst Bollinger Bandı değerinden yüksek olmalı.
4-) TSV değeri 0’dan büyük olmalı.
5-) TSV değeri TSVEMA değerinden büyük olmalı.
ÇIKIŞ SİNYALİ
1-) Hızlı Öncü Çizgi değeri bir önceki mumdaki Hızlı Öncü Çizgi değerinden düşük olmalı.
2-) Yavaş Öncü Çizgi değeri bir önceki mumdaki Yavaş Öncü Çizgi değerinden düşük olmalı.
İPUÇLARI VE UYARILAR
1-) Stratejinin standart ayarları, yüksek zaman dilimlerinde (4 saatlik, günlük vs.) daha iyi çalışıyor. Düşük zaman dilimleri için strateji ayarlarını değiştirmeli ve kendiniz için en iyi değeri bulmalısınız.
2-) Stratejide tüm çizgiler (hızlı ve yavaş öncü çizgiler ile bollinger bantları) -TSV dışında- açık olarak gelmektedir. Daha sade bir görüntü için bu çizgilerin görünürlüğünü strateji ayarlarından gizleyebilirsiniz.
3-) Hızlı ve yavaş öncü çizgilerin renk değişimlerini görebileceğiniz gibi bu çizgiler için tek bir renk olarak da strateji ayarlarında belirleme yapabilirsiniz.
4-) Eğitim ve deneysel amaçlı bir stratejidir. Yatırım tavsiyesi olarak değerlendirilemez. Bu stratejiyi kullanarak gerçek piyasa işlem açarken dikkatli olmalı ve kendi risk değerlendirmenizi yapmalısınız.