Pivot Point Monthly - bitcoin by Simon-RoseMonthly Version:
I have written 3 Indicators because i couldn't find what i was looking for in the library, so you can turn each one on and off individually for better visibility.
This are Daily, Weekly and Monthly Pivot Points with their Resistance and Support Points
and also on the Daily with the range between them.
I will also publish some Ideas to show you how to use them if you are not familiar with the traditional pivot points strategy already.
Unlike the usually 3 support & resistances i added 4 of them, specifically for trading bitcoin (on traditional markets this level of volatility usually never gets touched)
Here you can see which lines are what for reference, as the Feature to label lines is missing in Pinescript (if you have a workaround pls tell me ;) )
This is the basic calculation used :
PP = (xHigh+xLow+xClose) / 3
R1 = vPP+(vPP-Low)
R2 = vPP + (High - Low)
R3 = xHigh + 2 * (vPP - Low)
R4 = xHigh + 3 * (vPP - Low)
S1 = vPP-(High - vPP)
S2 = vPP - (High - Low)
S3 = xLow - 2 * (High - PP)
S4 = xLow - 3 * (High - PP)
If you have any questions or suggestions pls write me :)
Happy trading
Cheers
Daily Version:
Weekly Version:
Cerca negli script per "weekly"
Pivot Points Daily - bitcoin by Simon-RoseDaily Version:
I have written 3 Indicators because i couldn't find what i was looking for in the library, so you can turn each one on and off individually for better visibility.
This are Daily, Weekly and Monthly Pivot Points with their Resistance and Support Points
and also on the Daily with the range between them.
I will also publish some Ideas to show you how to use them if you are not familiar with the traditional pivot points strategy already.
Unlike the usually 3 support & resistances i added 4 of them, specifically for trading bitcoin (on traditional markets this level of volatility usually never gets touched)
Here you can see which lines are what for reference, as the Feature to label lines is missing in Pinescript (if you have a workaround pls tell me ;) )
This is the basic calculation used :
PP = (xHigh+xLow+xClose) / 3
R1 = vPP+(vPP-Low)
R2 = vPP + (High - Low)
R3 = xHigh + 2 * (vPP - Low)
R4 = xHigh + 3 * (vPP - Low)
S1 = vPP-(High - vPP)
S2 = vPP - (High - Low)
S3 = xLow - 2 * (High - PP)
S4 = xLow - 3 * (High - PP)
If you have any questions or suggestions pls write me :)
Happy trading
Cheers
Weekly Version:
Monthly Version:
RSI + Trend Kijun LTThis script is a simple RSI + 1 indication on trend :
- RSI 14 periods that you can personalize :
- period and upper/lower boundary can be customize
- Coloration when RSI exceeds the upper/lower limits
- Indication on long term trend :
- if intraday or daily : weekly trend (haussier / baissier Ⓦ)
- if weekly : monthly trend (haussier / baissier Ⓜ)
- The trend is calculate by the following expression : last confirmed close (not real time) weekly/monthly compared to Kijun-Sen weekly/monthly
Ce script est un simple RSI + 1 indication de tendance :
- RSI 14 périodes que vous pouvez personnaliser :
- Période et limite supérieure/inférieure personnalisables
- Coloration lorsque le RSI dépasse les limites supérieures/inférieures
- Indication de la tendance à long terme :
- si intrajournalier ou journalier : tendance hebdomadaire (haussier / baissier Ⓦ)
- si hebdomadaire : tendance mensuelle (haussier / baissier Ⓜ)
- La tendance est calculée par l'expression suivante : dernière clôture confirmée (pas en temps réel) hebdomadaire/mensuelle par rapport à Kijun-Sen hebdomadaire/mensuelle.
NB : Maybe in futur, possibility to add daily trend when intraday / Peut-être à l'avenir, possibilité d'ajouter une tendance journalière en intrajournalier.
FTC (The Strat)The FTC indicator is for detecting Full Timeframe Continuity on a 60 min chart.
The indicator checks the current candle color of the daily, weekly and monthly charts while on the 60 minute chart.
If all of the 60 minute, daily, weekly and monthly candles are of the same color then there is a Full Timeframe Continuity.
Thus a chart can have FTC Up, FTC Down or be neutral.
A neutral condition occurs when there is at least one candle color in opposition on the 60 minute, daily, weekly or monthly timeframes.
The FTC indicator is visible on the top of the chart above the current candle.
Colors have been selected to display as best as possible on both black as well as white backgrounds.
Green indicates FTC Up.
Red indicates FTC Down.
Yellow indicates FTC Neutral.
(defaults)
Colors, symbols and positions can be configured with a configuration menu.
Click the 'gear' on the indicator after it has been applied to access the configuration menu.
The indicator can be applied to any timeframe chart. However, nothing will be displayed unless the timeframe is 60 minutes.
This version is in open beta for testing. Please provide feedback.
Disclaimer: All scripts from this account are for informational purposes only and do not produce buy or sell recommendations.
© 2018 Crinklebine
Overlay Higher Timeframe EMA 10Plot the daily and weekly EMA 10 on any timeframe.
The Daily EMA 10 is useful for helping a trader decide whether the price is overextended without switching back to the daily timeframe and losing focus. It will change colour to indicate which order the EMA 10 and EMA 20 is in.
The Weekly EMA 10 is useful for helping a trader decide whether to take a trade based on long term momentum. If it is over the current price then the market has more momentum to the downside and if it is under then the market has more momentum to the upside. It will also change colour depending on which order the EMA 10 and EMA 20 is in. The weekly is often forgotten in trade planning.
You can switch the Daily and the Weekly on and off independently and change styles if you wish.
ForexATRPositionSizerThis script allows me to size up my trades based on account size and ATR. Default is Weekly ATR.
Inputs:
1) Account Size
2) % Unit of Risk
3) ATR Time Frame
4) ATR Period
5) ATR Multiple
The indicator will calculate a trade size for you (1000 = 0.01 lots) across all pairs adjusted by ATR.
1 Unit of Risk (%) is equivalent to ATR Multiple * ATR Weekly of movement.
For example:
Assume you have a 10000 dollar account.
You equate 1% of Equity to N*ATR of movement on weekly chart.
Suppose N*ATR = 100 pips.
Therefore, your trade size will equate to 0.1 lots.
This allows the trader to equalize the effect of equity fluctuations relative to any one given pair.
Multi-Timeframe VWAPShows the Daily, Weekly, Monthly, Quarterly, and Yearly VWAP.
Also shows the previous closing VWAP, which is usually very near the HLC3 standard pivot for the previous time frame. i.e. The previous daily VWAP closing price is usually near the current Daily Pivot. Tickers interact well with the previous Daily and Weekly closing VWAP.
Enabling the STDEV bands shows 3 separate standard deviation levels, defaulted at 1, 2, and 3. The lookback period for the bands is always changing with each new bar, since the standard deviation is calculated from the current bar to the beginning of the period. This is different from bollinger bands, as the lookback is constant (usually 20 periods is the textbook default).
The STDEV bands interval of interest can be changed from Day (D), Week (W), Month (M), Quarter (Q), Year (Y).
Tickers tend to bounce very well on Daily, Weekly, and Yearly VWAP (Yes... Year). Use this code and observe the Year VWAP on several major symbols through the past few years and eyes will be opened.
reallifetrading.com DeanMA + vwap w/ 50+200 smaThis script functions in 2 modes, "intraday" & daily/weekly/monthly.
By changing your chart to any "intraday" timeframe, this mode will automatically switch based on which timeframe you are view on your TradingView charts.
INTRADAY: the script will show the "Dean Moving Average" (10ema on 15/min). NOTE: This 10ema on 15/min will calculate correctly even if using a 5 min chart.
DAILY/WEEKLY/MONTHLY: the script will show the 50 sma in green and 200 sma in purple. If you are viewing a daily chart, it will show the 50-daily sma, if you are viewing a weekly chart, it will show the 50-week sma, etc.
Any questions: DM me
Relative Strength of 2 securities - Jayy This is an update of the Relative Strength to index as used by Leaf_West.. 4th from the top. my original RS script is 3rd from the top.
In this use of the term " Relative Strength" (RS) what is meant is a ratio of one security to another.
The RS can be inerpreted in a fashion similar to price action on a regual security chart.
If you follow his methods be aware of the different moving averages for the different time periods.
From Leaf_West: "on my weekly and monthly R/S charts, I include a 13 EMA of the R/S (brown dash line) and
an 8 SMA of the 13 EMA (pink solid line). The indicator on the bottom of the weekly/monthly charts is an
8 period momentum indicator of the R/S line. The red horizontal line is drawn at the zero line.
For daily or 130-minute time periods (or shorter), my R/S charts are slightly different
- the moving averages of the R/S line include a 20EMA (brown dash line), a 50 EMA (blue dash line) and
an 8 SMA of the20 EMA (pink solid line). The momentum indicator is also slightly different from the weekly/monthly
charts – here I use a 12 period calculation (vs 8 SMA period for the weekly/monthly charts)."
Leaf's website has gone but I if you are interested in his methods message me.
What is different from my previous RS: The RS now displays RS candles. So if you prefer to watch price action of candles to
a line chart which only plots the ratio of closes then this will be more interesting to you.
I have also thrown in a few options to have fun with.
Jayy
SuperTrend Oscillator v3Version 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator.
Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator.
Make the chart yours using the share button for the indicator with barcolors functionality.
Changes from v2 and looking forward: Indicator now uses a 14 length SuperTrend with no ATR multiplier. This my preferred use and I'd be grateful to hear your case for a different length/multiplier. Removed the Bollinger Bands and retracement dots due to these being gimmicky and marginally useful. There may be a version 4 should a similar concept using a rate of change analysis turn out to be useful. I have also tried -in vain- to plot internal trend peaks as horizontal S/R levels. Please pm if you are willing to help in that respect.
Strategy: The indicator will display the trend as a red/green area. It measures the spread between the closing price and the SuperTrend line, much like a CCI (close and ma). When the area contracts warning bars of the opposite trend color will warn of a reversal. When this happens, these areas will either be defended, reviving the trend, or will break, causing a trend flip. SuperTrend is unique in that breaks are typically large candles, and that its levels, especially on Weekly, Daily, Hourly, Minute timeframes, these levels will be defended (think similar to a 200sma or a 21ema). The STO making new highs within (internal) a trend is an overextension sign.
CVX Example: This is not a full analysis of CVX's stock , just an example potential trades. On the posted chart I used a weekly and a daily STO.
Long 1:The weekly showed warnings and then flipped. The daily made a double bottom, showed warnings and then flipped the daily STO at trendline support.
Long 2:The weekly still shows an uptrend, the daily made a weak break to downtrend and reversed back upwards at trendline support, forming a double bottom. Note the conservative exit when the STO made an internal new high.
Long 3: looking forward on CVX stock , the current downtrend made a weak break and is showing sings of reversal (pin bar) at horizontal support. Go long on flip of the daily (conservative) or flip of the hourly (aggressive).
SuperTrend OscillatorVersion 3: Improved aesthetically, complete turnaround for the strategy with which to use this indicator.
Once again, thanks to BlindFreddy and ChrisMoody for the bits of code that were assembled into this indicator.
Make the chart yours using the share button for the indicator with barcolors functionality.
Changes from v2 and looking forward: Indicator now uses a 14 length SuperTrend with no ATR multiplier. This my preferred use and I'd be grateful to hear your case for a different length/multiplier. Removed the Bollinger Bands and retracement dots due to these being gimmicky and marginally useful. There may be a version 4 should a similar concept using a rate of change analysis turn out to be useful. I have also tried -in vain- to plot internal trend peaks as horizontal S/R levels. Please pm if you are willing to help in that respect.
Strategy: The indicator will display the trend as a red/green area. It measures the spread between the closing price and the SuperTrend line, much like a CCI (close and ma). When the area contracts warning bars of the opposite trend color will warn of a reversal. When this happens, these areas will either be defended, reviving the trend, or will break, causing a trend flip. SuperTrend is unique in that breaks are typically large candles, and that its levels, especially on Weekly, Daily, Hourly, Minute timeframes, these levels will be defended (think similar to a 200sma or a 21ema). The STO making new highs within (internal) a trend is an overextension sign.
CVX Example: This is not a full analysis of CVX's stock, just an example potential trades. On the posted chart I used a weekly and a daily STO.
Long 1:The weekly showed warnings and then flipped. The daily made a double bottom, showed warnings and then flipped the daily STO at trendline support.
Long 2:The weekly still shows an uptrend, the daily made a weak break to downtrend and reversed back upwards at trendline support, forming a double bottom. Note the conservative exit when the STO made an internal new high.
Long 3: looking forward on CVX stock, the current downtrend made a weak break and is showing sings of reversal (pin bar) at horizontal support. Go long on flip of the daily (conservative) or flip of the hourly (aggressive).
Momentum of Relative strength to Index Leaf_West styleMomentum of Relative Strength to index as used by Leaf_West. This is to be used with the companion Relative Strength to Index indicator Leaf_West Style. Make sure you use the same index for comparison. If you follow his methods be aware of the different moving averages for the different time periods. From Leaf_West: "on my weekly and monthly R/S charts, I include a 13 EMA of the R/S (brown dash line) and an 8 SMA of the 13 EMA (pink solid line). The indicator on the bottom of the weekly/monthly charts is an 8 period momentum indicator of the R/S line. The red horizontal line is drawn at the zero line.
For daily or 130-minute time periods (or shorter), my R/S charts are slightly different - the moving averages of the R/S line include a 20EMA (brown dash line), a 50 EMA (blue dash line) and an 8 SMA of the20 EMA (pink solid line). The momentum indicator is also slightly different from the weekly/monthly charts – here I use a 12 period calculation (vs 8 SMA period for the weekly/monthly charts)." Leaf's methods do evolve and so watch for any changes to the preferred MAs etc..
Relative strength to Index set up as per Leaf_WestRelative Strength to index as used by Leaf_West. If you follow his methods be aware of the different moving averages for the different time periods. From Leaf_West: "on my weekly and monthly R/S charts, I include a 13 EMA of the R/S (brown dash line) and an 8 SMA of the 13 EMA (pink solid line). The indicator on the bottom of the weekly/monthly charts is an 8 period momentum indicator of the R/S line. The red horizontal line is drawn at the zero line.
For daily or 130-minute time periods (or shorter), my R/S charts are slightly different - the moving averages of the R/S line include a 20EMA (brown dash line), a 50 EMA (blue dash line) and an 8 SMA of the20 EMA (pink solid line). The momentum indicator is also slightly different from the weekly/monthly charts – here I use a 12 period calculation (vs 8 SMA period for the weekly/monthly charts)." Leaf's methods do evolve and so watch for any changes to the preferred MAs etc..
CM_Pivot Points Daily To IntradayNew Pivots Indicator With Options for Daily, 4 Hour, 2 Hour, 1 Hour, 30 Minute Pivot Levels!
Great for Forex Traders! - Take a Look at Chart with Weekly, Daily, and 4 Hour levels. Weekly Pivots Indicator is separate - Link is Below.
Plot one Pivot Level or Multiple at the Same Time via Check Boxes in the Inputs tab.
Defaults to 4 Hour Pivot Levels - Adjust in Inputs Tab.
S3 and R3 are turned off by Default - You can Activate Them In The Inputs Tab.
These Intraday Options were Requested By Users Using My CM_ Pivots Point Custom Indicator that Plots Daily, Weekly, Monthly, Quarterly, and Yearly Pivot Levels. Link is Below.
Now Both Longer-Term Traders and Shorter Term Traders Have All The Pivot Levels They Need. From Yearly Levels All The Way Down to 30 Minute Levels!
***The Candles On The Chart Are Custom Heikin-Ashi Paint Bars. Link is Below
CM_ Pivot Points Custom
Daily, Weekly, Monthly, Quarterly, Yearly Pivot Levels
Heikin-Ashi Paint Bars
CM_Pivot Points_CustomCustom Pivots Indicator - Plots Yearly, Quarterly, Monthly, Weekly, and Daily Levels.
I created this indicator because when you have multiple Pivots on one chart (For Example The Monthly, Weekly, And Daily Pivots), the only way to know exactly what pivot level your looking at is to color ALL S1 Pivots the same color, but create the plot types to look different. For example S1 = Bright Green with Daily being small circles, weekly being bigger circles, and monthly being even bigger crosses for example. This allows you to visually know exactly what pivot levels your looking at…Instantly without thinking. This indicator allows you to Choose any clor you want for any Pivot Level, and Choose The Plot Type.
Day of Week Highlighter# 📅 Day of Week Highlighter - Global Market Edition
**Enhanced visual trading tool that highlights each day of the week with customizable colors across all major global financial market timezones.**
## 🌍 Global Market Coverage
This indicator supports **27 major financial market timezones**, including:
- **Asia-Pacific**: Tokyo, Sydney, Hong Kong, Singapore, Shanghai, Seoul, Mumbai, Dubai, Auckland (New Zealand)
- **Europe**: London, Frankfurt, Zurich, Paris, Amsterdam, Moscow, Istanbul
- **Americas**: New York, Chicago, Toronto, São Paulo, Buenos Aires
- **Plus UTC and other key financial centers**
## ✨ Key Features
### 🎨 **Fully Customizable Colors**
- Individual color picker for each day of the week
- Transparent overlays that don't obstruct price action
- Professional color scheme defaults
### 🌐 **Comprehensive Timezone Support**
- 27 major global financial market timezones
- Automatic daylight saving time adjustments
- Perfect for multi-market analysis and global trading
### ⚙️ **Flexible Display Options**
- Toggle individual days on/off
- Optional day name labels with size control
- Clean, professional appearance
### 📊 **Trading Applications**
- **Market Session Analysis**: Identify trading patterns by day of week
- **Multi-Market Coordination**: Track different markets in their local time
- **Pattern Recognition**: Spot day-specific market behaviors
- **Risk Management**: Avoid trading on historically volatile days
## 🔧 How to Use
1. **Add to Chart**: Apply the indicator to any timeframe
2. **Select Timezone**: Choose your preferred market timezone from the dropdown
3. **Customize Colors**: Set unique colors for each day in the settings panel
4. **Enable/Disable Days**: Toggle specific days on or off as needed
5. **Optional Labels**: Show day names with customizable label sizes
## 💡 Pro Tips
- Use different color intensities to highlight your preferred trading days
- Combine with other session indicators for comprehensive market timing
- Perfect for swing traders who want to identify weekly patterns
- Ideal for international traders managing multiple market sessions
## 🎯 Perfect For
- Day traders tracking intraday patterns
- Swing traders analyzing weekly cycles
- International traders managing multiple markets
- Anyone wanting better visual organization of their charts
**Works on all timeframes and instruments. Set it once, trade with confidence!**
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*Compatible with Pine Script v6 | No repainting | Lightweight performance*
Option Range Projector PRO (with Alerts)Indicator Name: Option Range Projector PRO (with Alerts)
Short Description
This is a powerful and flexible tool for traders that visualizes expected price movement ranges based on option pricing principles and statistical deviations. The indicator plots standard deviation levels (Sigmas) and boundaries calculated from the price of an options Straddle, providing a unique insight into market volatility expectations.
It is ideal for options traders, as well as those who trade futures or spot assets and want to gain an edge by understanding where the market anticipates price boundaries on a specific date.
Core Concepts
The indicator is based on three key ideas:
Standard Deviation (Sigma, σ): In statistics, this is a measure of value dispersion. In trading, when applied to prices, standard deviation levels show the probable range within which the price is expected to remain until a specific date (expiration).
±1σ (1 Sigma): Approximately 68.2% probability that the price will stay within this range.
±2σ (2 Sigmas): Approximately 95.4% probability. These levels often act as strong support/resistance.
±3σ (3 Sigmas): Approximately 99.7% probability. Reaching these levels is a statistically rare event.
Implied Volatility (IV): This is a key component. IV is the market's forecast of the asset's future volatility. It is derived from current option prices and reflects how significant the price movements are expected to be by traders. The higher the IV, the wider the calculated ranges will be.
Straddle-Based Levels: A straddle is an options strategy involving the simultaneous purchase of a Call and a Put option with the same strike price and expiration date. The cost of this combination (Call + Put) directly reflects the market's expected price movement in points. Our indicator uses this value to construct alternative, highly accurate boundaries of the expected range.
Key Features
Flexible Expiration Choice: Easily switch between standard contracts (Weekly, Monthly, Quarterly) or set any custom number of days to expiration (DTE).
Dual Volatility Calculation Mode: Use automatic calculation based on historical data or enter a precise IV value manually (e.g., from your broker's terminal) for maximum accuracy.
Two Types of Predictive Levels: Visualize classic standard deviations (Sigmas) and/or levels calculated from the Straddle price for a comprehensive analysis.
Expiration Comparison: Enable the display of additional levels for a different expiration date to visually compare short-term and long-term market expectations.
"Greeks" Calculation: The indicator calculates and displays key option Greeks (Delta, Gamma, Theta, Vega), helping to deepen the understanding of an option position's characteristics.
Informative Table: All key data—ATM price, IV, DTE, level prices, Greeks, and option prices—are consolidated into one clear table for quick analysis.
Customizable Alerts: Get instant notifications directly in TradingView when the price crosses any of the important levels (±1σ, ±2σ, ±3σ).
Full Visual Customization: Control colors, line thickness, labels, and zone fills to adapt the indicator to your trading style.
How to Use (Settings)
Price Settings:
Auto-detect ATM Price: When enabled, the indicator will use the current closing price as the At-The-Money (ATM) price.
Manual ATM Price: If auto mode is disabled, you can set a precise ATM price manually.
Volatility Settings:
Auto-calculate IV: Calculates historical volatility over a specified period. Useful if you don't have access to real-time IV.
Manual IV Value: (Recommended for accuracy). Enter the Implied Volatility (IV) value for the desired strike from your brokerage terminal or analytical services here.
Expiration:
Contract Type: Choose one of the standard terms (Weekly, Monthly, Quarterly) or "Custom" to use a manual day input.
Days to Expiration: Active only for the "Custom" type.
Show Multiple Expirations: Enables a second set of levels with a different term for comparison.
Straddle Boundaries:
Use Manual Input: Allows you to enter the precise Call and Put Settle prices from the official exchange summary (e.g., from the CME website). This provides the most accurate boundaries based on real market prices.
Trading Ideas and Application
Mean Reversion Trading: The ±2σ and ±3σ levels often act as strong overbought/oversold zones. A price reaching these extreme values has a high statistical probability of reversing or correcting back towards the central ATM price.
Trend Confirmation and Breakouts: A confident close outside the ±1σ range can indicate the beginning of a strong directional move.
Risk Management: Use the levels to set stop-losses or determine profit targets. For example, when opening a trade near the +1σ level, you might consider a target at +2σ and place a stop-loss behind the ATM level.
Volatility Analysis: By comparing the width of the ranges for different expirations, you can assess how the market is pricing short-term versus long-term risks. A narrow range suggests low expectations, while a wide range indicates high ones.
Disclaimer: This indicator is an analysis tool and does not provide direct financial advice or trading signals. All trading decisions are your own. Use this indicator in conjunction with other analysis methods.
VWAP Suite (D/W/M/Q/Y)VWAP Suite (Daily, Weekly, Monthly, Quarterly, Yearly)
This script plots VWAP (Volume Weighted Average Price) with 1 standard deviation bands (SD1) across multiple timeframes—Daily, Weekly, Monthly, Quarterly, and Yearly—on the same chart. Each timeframe includes customizable:
VWAP line and color
SD1 bands with fill options
Label toggles for current and previous values
Useful for identifying dynamic support/resistance levels, mean reversion zones, and long-term value areas, this tool helps traders across scalping, swing, and positional strategies.
Inspired by The Paragon Group's indicator.
Multi-Timeframe VWAP (W/M/Q/Y)Multi-Timeframe VWAP (W/M/Q/Y)
Overview
Comprehensive VWAP indicator providing Weekly, Monthly, Quarterly, and Yearly analysis with first standard deviation bands. Perfect for identifying institutional levels and multi-timeframe support/resistance zones.
Features
4 Timeframes: Weekly, Monthly, Quarterly, Yearly VWAP
Standard Deviation Bands: Value Area High (VAH) and Low (VAL) for each timeframe
Current & Previous Period Labels: Live and historical reference levels
Color-Coded System: Distinct colors for easy timeframe identification
Full Customization: Toggle timeframes, adjust colors, and label positioning
Label Guide
Current: wVWAP, mVWAP, qVWAP, yVWAP + VAH/VAL
Previous: pw/pm/pq/py + VWAP/VAH/VAL
Trading Use
Support/Resistance: VWAP lines and deviation bands
Trend Analysis: Price above/below VWAP for bias
Entry/Exit: Reversals at levels, breakouts from bands
Inspired by The Paragon Group's indicator.
Momentum ABThis is a method of using three different timeframes to analyze a market and make Momentum trading decisions.
It involves identifying the overall trend on a longer timeframe, then confirming the trend with a medium timeframe, and finally looking for entry points on a shorter timeframe.
1. Longer Timeframe:
This timeframe helps determine the overall direction of the market. For example, a weekly chart might be used to identify an uptrend or downtrend.
2. Medium Timeframe (Trend Confirmation):
This timeframe which is going against the longer time frame . A daily chart might be used to verify the trend going against the trend identified on the weekly chart.
3. Shorter Timeframe (Entry Points):
This timeframe is used to identify specific entry points for a trade. An Hourly chart might be used to find opportunities within the confirmed trend.
HTF Candle Display (Evolution FX)HTF Candle Display (Evolution FX)
WHAT IT DOES
This tool overlays a **higher timeframe candle** (like Daily or Weekly) directly on your current lower timeframe chart (like 5m, 15m, 1h). It visually anchors current price action within its broader market context, ideal for traders using multi-timeframe confluence, liquidity mapping, or High-Timeframe-Based decision-making.
KEY FEATURES
Timeframe selection : Choose any higher timeframe (HTF) to display (e.g., D, W, M).
Dynamic candle placement : Position the HTF candle overlay away from price action using distance presets: `Close`, `Near`, `Far`, `Very Far`.
Adjustable thickness : Choose candle body width via `Thin`, `Thick`, or `Thicker` styles.
Fully customisable visuals : Set custom colours for bullish and bearish candles, borders, wicks, and labels.
Highlight box (optional) : Display a semi-transparent box aligned to the HTF candle's real time span.
Label with live countdown : Optionally show a floating label with timeframe info and time remaining in the HTF candle.
Previous candle display : Toggle to show or hide the prior HTF candle for better comparison.
HOW TO USE IT
Select your HTF (e.g., Daily) from the input dropdown.
Use "Distance From Price Action" to shift the visual away from the candles for a cleaner layout.
Adjust "Candle Width" to visually match your preferences.
Optionally toggle:
- "Show Previous Candle"
- "Show Label"
- "Highlight Current Day Price Action Box"
Customise your **colour scheme** to match your charting setup.
Recommended to use on charts like `15m`, `1h`, or `4h` for best visual clarity.
USE CASES
HTF liquidity hunting
Bias framing via daily/weekly structure
Institutional-style trading models
Scalping with macro trend context
TWAP/VWAP AUTO SHIFTER Bands🟢 TWAP/VWAP AUTO SHIFTER Bands – NinjaTrader Logic + Dynamic Deviation Zones
Script Name: `TWAP/VWAP AUTO SHIFTER Bands`
Created by: (www.tradingview.com)
📌 Overview
This powerful tool combines institution-grade price anchoring (VWAP/TWAP) with adaptive volatility bands and smart zone visualization. The core innovation: a toggleable VWAP logic engine, letting traders switch between:
* 🧠 Standard TradingView VWAP/TWAP
* 🧠 Custom NinjaTrader-style VWAP logic (faithfully ported for Pine Script 6)
Use it to visualize where price is anchored, where trend turns, and where hidden liquidity or mean-reversion zones may be forming.
🎯 What This Script Does
This indicator plots:
1. A central VWAP/TWAP line, anchored to -any timeframe or custom period-
2. Karma trend line using adaptive volatility envelopes
3. Dynamic bands that react to price range, volatility, and momentum
4. Optional range-based zones using Fibonacci-like ratios for structure detection
5. A visual "hidden fill" shading system to highlight bullish or bearish control
🚀 Unique Features
🧮 1. NinjaTrader VWAP Logic (Optional)
When enabled, this mode replaces TradingView’s default VWAP with a custom weighted average based on:
mean = average of ((high + low) and (open + close))
VWAP = sum(mean × volume) / sum(volume)
✔ Gives more stable center in volatile conditions
✔ Matches many institutional VWAP tools
Use the toggle:
☑️ “Use NinjaTrader VWAP Formula”
To activate this precision logic.
🕰 2. Anchor VWAP/TWAP to Any Timeframe
Choose your VWAP anchor from:
* D = Daily
* W = Weekly
* M = Monthly
* Or define your **own custom timeframe** (e.g., “240” or “15”)
This makes it:
⏳ Perfect for day traders anchoring intraday
🧭 Valuable for swing traders observing weekly bias
🧱 Solid for long-term positioning
📊 3. Karma Deviation Line (Trend Pulse)
The Karma line uses an adaptive efficiency ratio + fast/slow deviation logic to track momentum shifts.
* When it crosses above VWAP: possible bullish control
* When it falls below: possible reversion risk
It uses smoothed deviation bands to filter noise.
🎨 4. Hidden Fills & Range Bands
Zone shading makes this one of the most visual VWAP bands indicators out there:
* Red shade = aggressive push above VWAP
* Green shade = price collapsing under VWAP
* White “internal channel” = tight inner value zone
* Purple/gray bands = map structural levels for profit-taking, fading, or breakout watch
🧠 How to Use It
🧩 VWAP Anchoring
* Set timeframe to match your strategy horizon
* Use custom anchor (like 15m, 2h) to match intraday setups
🧠 Ninja Logic
* Enable to use VWAP matching NinjaTrader and institutional backends
* Recommended for high-volume or low-liquidity instruments
📈 Karma Bands
* Look for Karma line breaking VWAP from below → early trend
* Look for Karma curling down inside green zone → mean reversion
📐 Range Zones
* Use shaded fills to visualize exhaustion
* Watch for clean bounces off internal ratios
⚙️Recommended Settings
| Style | Setting |
| -------------------------------| ------------------------------------ |
| VWAP Mode | NinjaLogic ON (for precise behavior) |
| Anchor TF | Daily (or custom intraday like 30m) |
| Deviation | Fast: 50, Slow: 200 |
| Show Range Marks | ON |
| Hidden Zones | ON (for visual clarity) |
🧪 Tested On:
* BTC/ETH/USD
* Nifty Futures
* NASDAQ Stocks
* SPY/QQQ
* Crude Oil and Metals
📝 Author’s Note
This indicator is part of the "DawnOfEmpire" series — aiming to build "non-traditional", "hybrid logic" tools for visually decoding price behavior. Inspired by institutional logic, but customized for discretionary and hybrid system traders.
Your feedback, forks, and experiments are welcome.
📍Follow @Pratik_4Clover for more unique indicators
Remember that this is an educational idea and past performance is not assurance of future performance.
🟢 Happy Anchoring!
3s.v1Indicator Description: 3s.v1
Overview
The 3s.v1 indicator is a powerful, multi-faceted technical analysis tool designed for traders seeking to identify trend directions, entry/exit signals, and risk management opportunities across various markets and timeframes. Built on Pine Script v5, this indicator combines Supertrend, Volume-Weighted Average Price (VWAP), Exponential Moving Averages (EMAs), and customizable risk management features to provide a robust trading framework. It is ideal for both trend-following and swing trading strategies, offering visual cues, alerts, and position management tools.
The indicator overlays directly on the price chart, displaying trend lines, VWAP bands, EMAs, and buy/sell signals based on a confluence of technical conditions. It also supports risk management with fixed take-profit, stop-loss, and trailing stop options, making it suitable for traders of all experience levels.
Key Features
Multi-Timeframe Supertrend Lines:
Displays Supertrend lines calculated across multiple timeframes (3, 5, 8, 10, 15, 20, and 30 minutes) to identify trend direction.
Each Supertrend line can be toggled on/off and changes color based on trend direction (aqua for bullish, orange for bearish).
Signals are generated when price aligns with all Supertrend lines, ensuring strong trend confirmation.
Custom VWAP with Dynamic Bands:
Calculates a custom VWAP based on user-defined days or daily resets.
Supports two band calculation modes: Standard Deviation or Percentage-based.
Displays up to three sets of VWAP bands with customizable multipliers (e.g., 1x, 2x, 3x) and a percentage-based VWAP band for volatility analysis.
Option to hide VWAP on daily, weekly, or monthly charts for cleaner visuals.
Exponential Moving Averages (EMAs):
Plots EMAs with lengths of 10, 20, 50, 100, and 200 periods, each with customizable visibility.
EMAs change color (lime for rising, red for falling) based on a smoothing parameter to reflect momentum.
Highlights EMA crossovers with visual dots for potential trend reversal signals.
Supports custom timeframe resolution for EMAs, allowing alignment with higher timeframes.
Buy/Sell Signal Logic:
Generates Long (SW-L) and Short (SW-S) signals based on a confluence of conditions:
All Supertrend lines indicating the same trend direction.
Price position relative to VWAP and EMA20.
EMA20’s position relative to EMA100 for trend confirmation.
Signals are plotted as labels on the chart with entry prices and exit reasons (e.g., Take Profit, Stop Loss, Trailing Stop, etc.).
Alerts are available for signal open/close events, including entry price and timestamp.
Risk Management Tools:
Fixed Take-Profit: Set a percentage-based profit target for each position.
Fixed Stop-Loss: Define a percentage-based loss limit to protect capital.
Trailing Stop: Automatically adjusts the stop level based on price movement, locking in profits.
All risk management features are optional and customizable via input settings.
Visual and Alert Customization:
Background color changes to indicate active positions (aqua for long, orange for short).
Toggle visibility for Supertrend lines, VWAP, bands, EMAs, signals, and position labels.
Configurable alert conditions for trade entries and exits, with JSON-formatted messages for integration with trading bots or external platforms.
Input Settings
The indicator offers extensive customization through its input panel, grouped for ease of use:
Supertrend Settings:
ATR Length: Period for ATR calculation (default: 10).
Factor: Multiplier for Supertrend calculation (default: 3.0).
Show ST3/ST5/ST8/ST10/ST15/ST20/ST30: Toggle visibility of each Supertrend line.
VWAP Settings:
VWAP Days: Number of days for VWAP calculation (0 for daily reset).
Offset: Horizontal shift for VWAP and bands.
VWAP Band Percentage: Percentage for VWAP upper/lower bands (default: 0.15%).
Show VWAP Bands: Toggle visibility of percentage-based bands.
Hide on DWM: Hide VWAP on daily/weekly/monthly charts.
Band Settings:
Calculation Mode: Choose between Standard Deviation or Percentage for VWAP bands.
Show Band #1/#2/#3: Toggle visibility of each band set.
Band Multiplier #1/#2/#3: Multipliers for band distances (defaults: 1.0, 2.0, 3.0).
MA Settings:
Use Current Resolution: Use chart timeframe or custom timeframe for EMAs.
Custom Timeframe: Set a specific timeframe (e.g., "D" for daily).
EMA 10/20/50/100/200 Length: Periods for each EMA (defaults: 10, 20, 50, 100, 200).
Show EMA 10/20/50/100/200: Toggle visibility of each EMA.
Color Smoothing: Smoothing period for EMA color changes (default: 2).
Show Dots on MA Cross: Display dots on EMA crossovers.
Signal Settings:
Show Buy/Sell Signals: Toggle signal generation.
Show Position Labels: Display entry/exit labels with prices and reasons.
Risk Management Settings:
Use Fixed Take-Profit: Enable/disable take-profit (default: 2.0%).
Use Fixed Stop-Loss: Enable/disable stop-loss (default: 1.0%).
Use Trailing Stop: Enable/disable trailing stop (default: 1.5%).
How to Use
Setup:
Add the 3s.v1 indicator to your TradingView chart.
Adjust input settings to match your trading style, timeframe, and risk preferences.
Ensure your chart has sufficient volume data, as VWAP calculations rely on volume.
Interpreting Signals:
SW-L (Long): Appears when price is above all Supertrend lines, VWAP, and EMA20, with EMA20 above EMA100. Indicates a bullish trend.
SW-S (Short): Appears when price is below all Supertrend lines, VWAP, and EMA20, with EMA20 below EMA100. Indicates a bearish trend.
Exits: Positions close based on take-profit, stop-loss, trailing stop, or reversal conditions (e.g., price crossing Supertrend lines or VWAP bands).
Alerts:
Set up alerts for SW-L Açıldı/Kapandı (Long Open/Close) and SW-S Açıldı/Kapandı (Short Open/Close).
Use the JSON alert messages to integrate with trading bots or external platforms.
Risk Management:
Configure take-profit, stop-loss, and trailing stop percentages to align with your risk tolerance.
Monitor position labels for entry/exit prices and reasons to track performance.
Best Practices
Timeframe: Works on all timeframes, but 5-minute to 1-hour charts are recommended for swing trading. Use higher timeframes (e.g., daily) for trend confirmation.
Markets: Suitable for stocks, forex, cryptocurrencies, and futures with sufficient volume.
Backtesting: Test the indicator on historical data to optimize settings for your preferred market and timeframe.
Combine with Other Tools: Use alongside support/resistance levels or other indicators for additional confirmation.
Risk Management: Always define stop-loss and take-profit levels to protect capital, and adjust trailing stops for volatile markets.
Notes
The indicator requires volume data for VWAP calculations. If no volume is available, an error will be displayed.
Alerts are timestamped in UTC-4 (Boston time) for consistency.
For closed-source access, contact the author to request source code permissions (if applicable).
Ensure your TradingView account supports closed-source indicators (Pro+ or higher may be required).
Disclaimer
Trading involves significant risk. The 3s.v1 indicator is a tool to assist in decision-making and does not guarantee profits. Always conduct your own research and use proper risk management. The author is not responsible for any financial losses incurred while using this indicator.
