Directional Trend Index (DTI) This technique was described by William Blau in his book "Momentum,
Direction and Divergence" (1995). His book focuses on three key aspects
of trading: momentum, direction and divergence. Blau, who was an electrical
engineer before becoming a trader, thoroughly examines the relationship between
price and momentum in step-by-step examples. From this grounding, he then looks
at the deficiencies in other oscillators and introduces some innovative techniques,
including a fresh twist on Stochastics. On directional issues, he analyzes the
intricacies of ADX and offers a unique approach to help define trending and
non-trending periods.
Directional Trend Index is an indicator similar to DM+ developed by Welles Wilder.
The DM+ (a part of Directional Movement System which includes both DM+ and
DM- indicators) indicator helps determine if a security is "trending." William
Blau added to it a zeroline, relative to which the indicator is deemed positive or
negative. A stable uptrend is a period when the DTI value is positive and rising, a
downtrend when it is negative and falling.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading
Cerca negli script per "williams"
Ergotic MDI (Mean Deviation Indicator) Bactest This is one of the techniques described by William Blau in his book "Momentum,
Direction and Divergence" (1995). If you like to learn more, we advise you to
read this book. His book focuses on three key aspects of trading: momentum,
direction and divergence. Blau, who was an electrical engineer before becoming
a trader, thoroughly examines the relationship between price and momentum in
step-by-step examples. From this grounding, he then looks at the deficiencies
in other oscillators and introduces some innovative techniques, including a
fresh twist on Stochastics. On directional issues, he analyzes the intricacies
of ADX and offers a unique approach to help define trending and non-trending periods.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
[STRATEGY][RS]MarxBabu 4 Oscillators V0EXPERIMENTAL:
fixed some mixed signals :p
request for MarxBabu.
Enhanced Index [LazyBear]The Enhanced Index (EIDX) is a modified William %R that behaves much like the original, to indicate overbought and oversold market conditions.
EIDX has the advantage of
- Reacting more quickly to changes in buying power.
- Predicting market turning points better than other oscillators. Divergences are more pronounced.
List of my other indicators:
DynLenLibLibrary "DynLenLib"
sum_dyn(src, len)
Parameters:
src (float)
len (int)
lag_dyn(src, len)
Parameters:
src (float)
len (int)
highest_dyn(src, len)
Parameters:
src (float)
len (int)
lowest_dyn(src, len)
Parameters:
src (float)
len (int)
var_dyn(src, len)
Parameters:
src (float)
len (int)
stdev_dyn(src, len)
Parameters:
src (float)
len (int)
hl2()
hlc3()
ohlc4()
sma_dyn(src, len)
Parameters:
src (float)
len (int)
ema_dyn(src, len)
Parameters:
src (float)
len (int)
rma_dyn(src, len)
Parameters:
src (float)
len (int)
smma_dyn(src, len)
Parameters:
src (float)
len (int)
wma_dyn(src, len)
Parameters:
src (float)
len (int)
vwma_dyn(price, vol, len)
Parameters:
price (float)
vol (float)
len (int)
hma_dyn(src, len)
Parameters:
src (float)
len (int)
dema_dyn(src, len)
Parameters:
src (float)
len (int)
tema_dyn(src, len)
Parameters:
src (float)
len (int)
kama_dyn(src, erLen, fastLen, slowLen)
Parameters:
src (float)
erLen (int)
fastLen (int)
slowLen (int)
mcginley_dyn(src, len)
Parameters:
src (float)
len (int)
median_price()
true_range()
atr_dyn(len)
Parameters:
len (int)
bbands_dyn(src, len, mult)
Parameters:
src (float)
len (int)
mult (float)
bb_percent_b(src, len, mult)
Parameters:
src (float)
len (int)
mult (float)
bb_bandwidth(src, len, mult)
Parameters:
src (float)
len (int)
mult (float)
keltner_dyn(src, lenEMA, lenATR, multATR)
Parameters:
src (float)
lenEMA (int)
lenATR (int)
multATR (float)
donchian_dyn(len)
Parameters:
len (int)
choppiness_index(len)
Parameters:
len (int)
vol_stop(lenATR, mult)
Parameters:
lenATR (int)
mult (float)
roc_dyn(src, len)
Parameters:
src (float)
len (int)
rsi_dyn(src, len)
Parameters:
src (float)
len (int)
stoch_dyn(kLen, dLen, smoothK)
Parameters:
kLen (int)
dLen (int)
smoothK (int)
stoch_rsi_dyn(rsiLen, stochLen, kSmooth, dLen)
Parameters:
rsiLen (int)
stochLen (int)
kSmooth (int)
dLen (int)
cci_dyn(src, len)
Parameters:
src (float)
len (int)
cmo_dyn(src, len)
Parameters:
src (float)
len (int)
trix_dyn(len)
Parameters:
len (int)
tsi_dyn(shortLen, longLen)
Parameters:
shortLen (int)
longLen (int)
ultimate_osc(len1, len2, len3)
Parameters:
len1 (int)
len2 (int)
len3 (int)
dpo_dyn(src, len)
Parameters:
src (float)
len (int)
willr_dyn(len)
Parameters:
len (int)
macd_dyn(src, fastLen, slowLen, sigLen)
Parameters:
src (float)
fastLen (int)
slowLen (int)
sigLen (int)
ppo_dyn(src, fastLen, slowLen, sigLen)
Parameters:
src (float)
fastLen (int)
slowLen (int)
sigLen (int)
aroon_dyn(len)
Parameters:
len (int)
dmi_adx_dyn(diLen, adxLen)
Parameters:
diLen (int)
adxLen (int)
vortex_dyn(len)
Parameters:
len (int)
coppock_dyn(rocLen1, rocLen2, wmaLen)
Parameters:
rocLen1 (int)
rocLen2 (int)
wmaLen (int)
rvi_dyn(len)
Parameters:
len (int)
price_osc_dyn(src, fastLen, slowLen)
Parameters:
src (float)
fastLen (int)
slowLen (int)
rci_dyn(src, len)
Parameters:
src (float)
len (int)
obv()
pvt()
cmf_dyn(len)
Parameters:
len (int)
adl()
chaikin_osc_dyn(fastLen, slowLen)
Parameters:
fastLen (int)
slowLen (int)
mfi_dyn(len)
Parameters:
len (int)
volume_osc_dyn(fastLen, slowLen)
Parameters:
fastLen (int)
slowLen (int)
up_down_volume()
cvd()
supertrend_dyn(atrLen, mult)
Parameters:
atrLen (int)
mult (float)
envelopes_dyn(src, len, pct)
Parameters:
src (float)
len (int)
pct (float)
linreg_line_slope(src, len)
Parameters:
src (float)
len (int)
lsma_dyn(src, len)
Parameters:
src (float)
len (int)
corrcoef_dyn(a, b, len)
Parameters:
a (float)
b (float)
len (int)
psar(step, maxStep)
Parameters:
step (float)
maxStep (float)
pivots_standard()
williams_alligator(src, jawLen, teethLen, lipsLen)
Parameters:
src (float)
jawLen (int)
teethLen (int)
lipsLen (int)
twap_dyn(src, len)
Parameters:
src (float)
len (int)
vwap_anchored(price, volume, reset)
Parameters:
price (float)
volume (float)
reset (bool)
performance_pct(len)
Parameters:
len (int)
Institution Accumulation/DistributionLeveraging the Williams%R oscillator, the script has been optimized to pick out key turning point in the market specifically at Resistance (Overbought) or Support (Oversold)
The algo has been programmed to print both buy and sell alerts at extremes/when conditions flip eg a long position will be closed simultaneously opening a short position above resistance.
Best used as a scalping tool targeting 30m and below works well with currency pairs
Alligator + MA Trend Catcher [TradeDots]The "Alligator + MA Trend Catcher" is a trading strategy that integrates the William Alligator indicator with a Moving Average (MA) to establish robust entry and exit conditions, optimized for capturing trends.
HOW IT WORKS
This strategy combines the traditional William Alligator set up with an additional Moving Average indicator for enhanced trend confirmation, creating a user-friendly backtesting tool for traders who prefer the Alligator method.
The original Alligator strategy can frequently present fluctuations, even in well-established trends, leading to potentially premature exits. To mitigate this, we incorporate a Moving Average as a secondary confirmation measure to ensure the market trend has indeed shifted.
Here’s the operational flow for long orders:
Entry Signal: When the price rises above the Moving Average, it confirms a bullish market state. Enter if Alligator spread in an upward direction. The trade remains active even if the Alligator indicator suggests a trend reversal.
Exit Signal: The position is closed when the price falls below the Moving Average, and the Alligator spreads in the downward direction. This setup helps traders to maintain positions through the entirety of the trend for maximum gain.
APPLICATION
This strategy is tailored for assets with significant, well-defined trends, such as Bitcoin and Ethereum, which are known for their high volatility and substantial price movements.
This strategy offers a low win-rate but high reward configuration, making asset selection critical for long-term profitability. If you choose assets that lack strong price momentum, there's a high chance that this strategy may not be effective.
For traders seeking to maximize gains from large trends without exiting prematurely, this strategy provides an aggressive yet controlled approach to riding out substantial market waves.
DEFAULT SETUP
Commission: 0.01%
Initial Capital: $10,000
Equity per Trade: 80%
RISK DISCLAIMER
Trading entails substantial risk, and most day traders incur losses. All content, tools, scripts, articles, and education provided by TradeDots serve purely informational and educational purposes. Past performances are not definitive predictors of future results.
Divergence for Many [Dimkud - v5]Strategy is based on "Divergence for Many Indicators v4 ST" strategy by CannyTolany01
which is based on "Divergence for Many Indicator" indicator by LonesomeTheBlue
This strategy is searching for divergences on 18 indicators which you can select and optimise one by one.
Additionally you can connect any other External Indicator value. (just add this indicator the the chart and select option in settings)
To the original indicator/strategy I have added 9 additional indicators:
( Money Flow Index, Williams_Vix, Stochastic RSI , SMI Ergodic Oscillator, Volume Weighted MACD , Bull Bear Power, Balance of Power , Relative Volatility Index , Logistic Settings).
Converted strategy to v5 of Pine Script.
Added Static SL/TP in percents (%).
Added filters to filter enters:
1. Volume Weighted MACD - Multi-TimeFrame Filter
(It checks for histogram to falling or rising for a set periods of bars)
2. Money Flow Index - Multi-TimeFrame Filter
(It checks if MFI Oscillator is in the set diapason.
Also It checks if MFI is falling or rising for a set periods of bars )
3. ATR filter
(check changes in fast ATR to slow ATR )
Strategy shows good backtest results on many crypto tokens on 45m - 1h periods. (with parameters optimisation for every indicator)
To find best parameters - you can enable indicators one-by one, and optimise best parameters for each of them.
Then enable all indicators with successful results.
Optimise SL/TP.
Then try to enable and optimise filters (channels etc.)
The better is to optimise parameters separately for Short and Long trading. And run two separate bots (in settings enable only Long or only Short.)
Updates:
- Added visualisation for open trades (SL/TP)
- Added Volatility filter by ATR with many options for tests.
- Fixed some small bugs.
- Added second RSI filter (you can use two RSIs with different TF or settings)
- Updated ATR volatility and MFI filter. Removed non-effective options
- Added CCI filter
- Added option to Enable/Disable visualisation of TP/SL on chart
- Fixed one small quick bug. ("ATR filter short" was not working)
- Added Super Trend filter
- Added Momentum filter
- Added Volume Filter
- All "request.security" MultiTimeFrame calls changed to 100% non-repait function "f_security()"
BEST ABCD Pattern Screener Deribit:DVOL BTC DXY scannerModified this script by Daveatt (based on Ricardo Santos Fractals)
to scan patterns in BTCUSD, ETHUSD, DVOL, DXY, DVOL/VV
Circular Barplot - Oscillators Sentiment [LuxAlgo]This indicator is an implementation of a circular barplot aiming to return the market sentiment given by multiple normalized oscillators. These include the relative strength index (RSI), Stochastic %K (%K), Linear Correlation Oscillator (ROSC), William Percent Range (WPR), Percent Rank (%R), and money flow index (MFI).
The length period of each of these oscillators can be adjusted in the indicator settings.
The label in the center of the circular plot returns the average market sentiment constructed from all the previously mentioned oscillators.
Settings
Width: Circle width.
Spacing: Determines how close each circle is to the other.
Thickness: Width of the colored lines.
Offset: Controls how far the circular barplot left extremity is from the most recent candles.
Src: Input source of the indicators.
Usage
Unlike regular bar charts, circular bar plots display the bars as circle arcs and have the advantage of preserving horizontal and vertical space. A higher arc length would indicate a value closer to the maximal value of the oscillator. Other variations of the circular barplots exist but this variation using the circle arc is particularly appropriate for normalized data.
The indicator can be used as a simple widget giving a quick method to obtain the overall market sentiment of a certain ticker. A dashboard is displayed on the top left of the chart in the event the user wants to see the actual value of the oscillators.
Note that low width or high spacing settings might return unwanted results.
RedK_Larry William's TrendI'm not the author of this indicator or the concept behind it
i found this code - written for another platform - while researching "Larry William's Trend" - while i also couldn't find that specific keyword in the TV public library. So thought to bring this in.
Also unfortunately there was no coder details to give credit to with the code i found. it seems this may somehow be related to the famous SuperTrend - but i have no idea how they are connected. i simply ported this to Pine in my own way.
will be happy if this is useful to some traders who use these types of trend indicators. if you do find it useful, pls leave a comment here - or feel free to take this code and modify it in any further way for your specific need.
we continue to learn and explore new tools everyday. good luck!
Matrix Series and Vix Fix with VWAP CCI and QQE SignalsBased on @ChrisMoody Williams_VIX_Fix and @glaz Matrix Series .
This indicator identify potential zone of reversal according to momentum and volatility.
Includes VWAP CCI and QQE Signals.
[DS]Entry_Exit_TRADE.V01-StrategyThe proposal of this script is to show the possible trading points of BUY and SELL based on the 15-minute chart of the Nasdaq Future Index. The start point of the strategy was schedule for 2021/01/01 and until the time of this publication (2021/01/31), for 1 index contract the results presented area a Gross Profit of 2.97% with a Net Profit of 1.35%.
█ FEATURES
The indicator shows on the graph the position of the MACD and TSI indicators that are the places of strength among Buyers and Sellers.
It's possible to observe a sharp fall or rise in the price of these positions.
On the current candle, a label is displayed containing the value of the William %R Mod indicator, which will display the OverBought position (dark red) and OverSold position (dark green). The other colors like light red and green are the regions where the price makes the decision of which direction to go.
There are also other indicators:
a) The positions of the BUY (light green) and SELL areas (light red);
b) The label with the position of BUY (dark green) and SELL (dark red) with the line that connects these points;
c) DEMA 72 (orange);
d) EmaOchl4 in the color green for BULL and red for BEAR market;
e) Pivots high and low
f) Maximum (purple light) and minimum areas (blue light)
█ FUNCTIONS AND SETTINGS
The indicator uses the following functions:
(1) DEMA - Double Exponential Moving Average (08,17,34, 72)
(2) ema () - Exponential Moving Averge (72, ohlc4)
(3) plot()
(4) barcolor()
(5) cross()
(6) pivots ()
(7) William R% Md (OverBought = -7, OverSold=-93)
(8) Maximum and Minimum Value
(9) fill()
(10) macd () - Moving Average Convergence Divergence (Fast Lengt=12, Slow Length=26, Source=close, Signal Smoothing=9)
(11) tsi() - Trading Strenght Indicator==> Índice de Força Real ( IFR ) (Long Length=72, Short Length=17, Signal Length=17)
(12) Buy and Sell TRADE Points
█ PERFORMANCE AND ERRORS
The positions of BUY and SELL points are defined through the crossing of the Dema 34 candles with the Ema Ohcl4. As it is an indicator, it can present different positions from de market direction. Thus there is a need to observe the direction of the market in order to verify whether the indicate decision is really acceptable. The decision to BUY or SELL an asset must be well studied to avoid financial losses. The indicator will only help you in this decision, is your responsibility the decision of entering or leaving an asset.
█ THANKS TO
PineCoders for all they do, all the tools and help they provide, and their involvement in making a better community. All the PineCoders, Pine Pros, and Pine Wizards, people who share their work and knowledge for the sake of it and helping others, I'm very happy and grate full indeed.
█ NOTE
If you have any suggestions for improving the script or need help using it, please send a message in the comments
Wyckoff Method - Comprehensive Analysis# WYCKOFF METHOD - QUICK REFERENCE CHEAT SHEET
## 🟢 STRONGEST BUY SIGNALS
### 1. SPRING ⭐⭐⭐⭐⭐
- **What:** False breakdown below support on LOW volume
- **Look for:** Quick reversal, close above support
- **Entry:** When price closes back in range
- **Stop:** Below spring low
- **Target:** Top of range minimum
### 2. SOS (Sign of Strength) ⭐⭐⭐⭐
- **What:** Breakout above resistance on HIGH volume
- **Look for:** Wide spread up bar, strong close
- **Entry:** On breakout or wait for LPS pullback
- **Stop:** Below range top
- **Target:** Height of range projected up
### 3. SHAKEOUT ⭐⭐⭐⭐
- **What:** Sharp move below support with HIGH volume, immediate reversal
- **Look for:** Long lower wick, closes strong
- **Entry:** When price reclaims support
- **Stop:** Below shakeout low
- **Target:** Previous resistance
---
## 🔴 STRONGEST SELL SIGNALS
### 1. UTAD (Upthrust After Distribution) ⭐⭐⭐⭐⭐
- **What:** False breakout above resistance, quick rejection
- **Look for:** Spike high, weak close, often high volume
- **Entry:** When price closes back in range
- **Stop:** Above UTAD high
- **Target:** Bottom of range minimum
### 2. SOW (Sign of Weakness) ⭐⭐⭐⭐
- **What:** Breakdown below support on HIGH volume
- **Look for:** Wide spread down bar, weak close
- **Entry:** On breakdown or wait for LPSY rally
- **Stop:** Above range bottom
- **Target:** Height of range projected down
### 3. UPTHRUST ⭐⭐⭐⭐
- **What:** Move above resistance on LOW volume, weak close
- **Look for:** Long upper wick, closes in lower half
- **Entry:** When resistance holds
- **Stop:** Above upthrust high
- **Target:** Support level
---
## 📊 ACCUMULATION PHASES (Bottom Formation)
```
PHASE A: Stopping the Downtrend
├─ PS (Preliminary Support) - First buying
├─ SC (Selling Climax) - Panic bottom ⚠️ KEY EVENT
├─ AR (Automatic Rally) - Relief bounce
└─ ST (Secondary Test) - Retest SC low
PHASE B: Building the Cause
├─ Trading range forms
├─ Multiple tests of support
├─ Volume decreasing
└─ Absorption occurring
PHASE C: The Test
├─ SPRING - False breakdown ⚠️ KEY EVENT
└─ TEST - Support holds on low volume
PHASE D: Dominance Emerges
├─ SOS - Breakout ⚠️ KEY EVENT
├─ LPS - Last Point of Support (pullback)
└─ BU - Backup
PHASE E: Markup
└─ New uptrend, strong momentum
```
**Background Color:** Blue → Green (getting brighter)
**Action:** Buy in Phase C/D, Hold through Phase E
---
## 📊 DISTRIBUTION PHASES (Top Formation)
```
PHASE A: Stopping the Uptrend
├─ PSY (Preliminary Supply) - First selling
├─ BC (Buying Climax) - Euphoric top ⚠️ KEY EVENT
├─ AR (Automatic Reaction) - Sharp drop
└─ ST (Secondary Test) - Retest BC high
PHASE B: Building the Cause
├─ Trading range forms
├─ Multiple tests of resistance
├─ Demand being absorbed
└─ Volume patterns change
PHASE C: The Test
└─ UTAD - False breakout ⚠️ KEY EVENT
PHASE D: Dominance Emerges
├─ SOW - Breakdown ⚠️ KEY EVENT
└─ LPSY - Last Point of Supply (rally to exit)
PHASE E: Markdown
└─ New downtrend, strong selling
```
**Background Color:** Orange → Red (getting darker)
**Action:** Sell in Phase C/D, Stay out during Phase E
---
## 💰 VOLUME SPREAD ANALYSIS (VSA)
| Signal | Meaning | Color | Implication |
|--------|---------|-------|-------------|
| **ND** (No Demand) | Up bar, LOW volume | 🟠 Orange | Weakness - uptrend ending |
| **NS** (No Supply) | Down bar, LOW volume | 🔵 Blue | Strength - downtrend ending |
| **SV** (Stopping Volume) | VERY HIGH volume, narrow spread | 🟣 Purple | Potential reversal |
| **UT** (Upthrust) | Above resistance, LOW vol, weak close | 🔴 Red | Sell signal |
| **SO** (Shakeout) | Below support, HIGH vol, strong close | 🟢 Green | Buy signal |
---
## 🎯 VOLUME INTERPRETATION
| Volume Level | Bar Color | Meaning |
|--------------|-----------|---------|
| **VERY HIGH** (>2x average) | Dark Green/Red | Climax, potential reversal |
| **HIGH** (>1.5x average) | Light Green/Red | Strong interest |
| **NORMAL** | Gray | Average trading |
| **LOW** (<0.7x average) | Faint Gray | Testing, no interest |
---
## ⚖️ EFFORT vs RESULT
| Scenario | Volume | Spread | Meaning |
|----------|--------|--------|---------|
| **High Effort, Low Result** | HIGH | Narrow | ⚠️ Potential reversal |
| **Low Effort, High Result** | LOW | Wide | ⚠️ Trend weakening |
| **High Effort, High Result** | HIGH | Wide | ✅ Strong trend |
| **Low Effort, Low Result** | LOW | Narrow | 😴 No interest |
---
## 📏 TRADING RULES
### ✅ DO:
- ✅ Wait for confirmation before entering
- ✅ Trade in direction of higher timeframe
- ✅ Use springs and UTAD as primary signals
- ✅ Measure trading range for targets
- ✅ Place stops outside the range
- ✅ Look for volume confirmation
- ✅ Check multiple timeframes
- ✅ Focus on Phase C and D events
### ❌ DON'T:
- ❌ Buy during Phase E Markdown
- ❌ Sell during Phase E Markup
- ❌ Trade against major trend
- ❌ Ignore volume signals
- ❌ Enter without clear stop loss
- ❌ Trade every signal
- ❌ Use on very low timeframes without practice
- ❌ Ignore the context
---
## 🎪 COMPOSITE OPERATOR (Smart Money)
### 💰 Green Money Symbol (Bottom)
- **Meaning:** Institutions accumulating
- **Location:** Demand zones, springs, tests
- **Action:** Follow the smart money - buy
### 💰 Red Money Symbol (Top)
- **Meaning:** Institutions distributing
- **Location:** Supply zones, UTAD, weak rallies
- **Action:** Follow the smart money - sell
---
## 📍 SUPPLY & DEMAND ZONES
### 🟢 Demand Zones (Green Boxes)
- **Created at:** SC, Spring, Shakeout
- **Represents:** Where smart money bought
- **Action:** Look for bounces
### 🔴 Supply Zones (Red Boxes)
- **Created at:** BC, UTAD, Upthrust
- **Represents:** Where smart money sold
- **Action:** Look for rejections
---
## 🎯 TARGET CALCULATION
### Measured Move Method
```
1. Measure trading range height
Example: Top at 120, Bottom at 100 = 20 points
2. Add to breakout point (accumulation)
Breakout at 120 + 20 = Target: 140
3. Or subtract from breakdown (distribution)
Breakdown at 100 - 20 = Target: 80
```
### Multiple Targets
- **Conservative:** 1x range height (100% probability reached)
- **Moderate:** 1.5x range height (70% probability)
- **Aggressive:** 2x range height (40% probability)
---
## ⏰ TIMEFRAME GUIDE
| Timeframe | Use For | Reliability | Recommended For |
|-----------|---------|-------------|-----------------|
| **Weekly** | Major trends | ⭐⭐⭐⭐⭐ | Position traders |
| **Daily** | Swing trades | ⭐⭐⭐⭐⭐ | Most traders |
| **4-Hour** | Active swing | ⭐⭐⭐⭐ | Active traders |
| **1-Hour** | Day trading | ⭐⭐⭐ | Experienced only |
| **15-Min** | Scalping | ⭐⭐ | Experts only |
**Golden Rule:** Always check one timeframe higher for context!
---
## 🚨 ALERT PRIORITY
### 🔔 MUST-HAVE ALERTS
1. Spring
2. UTAD
3. SOS
4. SOW
### 🔔 NICE-TO-HAVE ALERTS
5. Selling Climax (SC)
6. Buying Climax (BC)
7. Smart Money Accumulation
8. Smart Money Distribution
### 🔔 CONFIRMATION ALERTS
9. Phase E Markup
10. Phase E Markdown
---
## 💡 QUICK DECISION TREE
```
Is there a clear trading range?
├─ YES
│ ├─ Did price break BELOW support?
│ │ ├─ Volume LOW + Quick reversal = SPRING → BUY ✅
│ │ └─ Volume HIGH + Stays down = Breakdown → SELL ⚠️
│ │
│ └─ Did price break ABOVE resistance?
│ ├─ Volume LOW + Quick reversal = UTAD → SELL ✅
│ └─ Volume HIGH + Stays up = Breakout → BUY ⚠️
│
└─ NO
├─ Strong uptrend = Wait for re-accumulation
└─ Strong downtrend = Wait for re-distribution
```
---
## 📝 PRE-TRADE CHECKLIST
Before entering any trade:
- Identified the current Wyckoff phase
- Confirmed with volume analysis
- Checked higher timeframe trend
- Located supply/demand zones
- Identified clear entry point
- Set stop loss level
- Calculated target (risk:reward >1:2)
- Verified position size (risk 1-2%)
- Have at least 2 confirming signals
- Not trading against major trend
---
## 🧠 REMEMBER
**The Three Laws:**
1. **Supply & Demand** - Price is determined by imbalance
2. **Cause & Effect** - Range size predicts move size
3. **Effort & Result** - Volume should confirm price movement
**The Key Principle:**
> "Trade with the Composite Operator (smart money), not against them"
**Best Setups:**
1. Spring in accumulation (Phase C)
2. UTAD in distribution (Phase C)
3. SOS breakout (Phase D)
4. SOW breakdown (Phase D)
**When in Doubt:**
- ❓ Stay out
- 📈 Use higher timeframe
- 📚 Review the documentation
- 🎯 Wait for clearer signal
---
## 📱 INDICATOR SETTINGS QUICK SETUP
**For Stocks/Crypto (Good Volume Data):**
- Volume MA Length: 20
- High Volume Multiplier: 1.5
- Climax Volume: 2.0
- Swing Length: 5
**For Forex (Limited Volume Data):**
- Volume MA Length: 20
- High Volume Multiplier: 1.3
- Climax Volume: 1.8
- Swing Length: 7
- Turn OFF "Volume Confirmation"
**For Day Trading:**
- Swing Length: 3
- All other settings: Default
**For Position Trading:**
- Swing Length: 7-10
- Volume MA Length: 30
- Use Daily/Weekly charts
---
## 🎓 SKILL PROGRESSION
### Beginner (Month 1-2)
- Focus on: SC, Spring, SOS
- Timeframe: Daily only
- Goal: Identify phases correctly
### Intermediate (Month 3-6)
- Add: All accumulation events
- Timeframe: Daily + 4H
- Goal: Trade springs profitably
### Advanced (Month 6-12)
- Add: Distribution events, VSA
- Timeframe: Multiple timeframes
- Goal: Trade complete cycles
### Expert (Year 2+)
- Master: All events, all timeframes
- Combine: With other methodologies
- Goal: Consistent profitability
---
**Print this sheet and keep it next to your trading desk!**
*Remember: Quality over quantity. Wait for the best setups.*
# Wyckoff Method - Comprehensive Analysis Indicator
## Complete Implementation Guide for TradingView Pine Script
---
## TABLE OF CONTENTS
1. (#overview)
2. (#installation)
3. (#theory)
4. (#components)
5. (#signals)
6. (#strategies)
7. (#settings)
8. (#alerts)
9. (#patterns)
10. (#troubleshooting)
---
## OVERVIEW
This indicator implements Richard Wyckoff's complete trading methodology, including:
- **All 5 Phases** of Accumulation and Distribution
- **18+ Wyckoff Events** (PS, SC, AR, ST, Spring, SOS, LPS, BC, UTAD, SOW, etc.)
- **Volume Spread Analysis (VSA)** principles
- **Supply & Demand Zone** detection
- **Composite Operator** logic (Smart Money tracking)
- **Effort vs Result** analysis
- **Three Wyckoff Laws**: Supply/Demand, Cause/Effect, Effort/Result
---
## INSTALLATION
### Step 1: Copy the Code
1. Open the `wyckoff_comprehensive.pine` file
2. Select all code (Ctrl+A / Cmd+A)
3. Copy to clipboard (Ctrl+C / Cmd+C)
### Step 2: Add to TradingView
1. Go to TradingView.com
2. Open any chart
3. Click "Pine Editor" at the bottom of the screen
4. Click "New" or "Open"
5. Paste the entire code
6. Click "Save" and give it a name
7. Click "Add to Chart"
### Step 3: Verify Installation
You should see:
- Labels on the chart (PS, SC, Spring, SOS, etc.)
- Background colors indicating phases
- Volume analysis in the lower pane
- A table in the top-right corner showing current phase
---
## WYCKOFF METHOD THEORY
### The Three Fundamental Laws
#### 1. **Law of Supply and Demand**
- Price rises when demand exceeds supply
- Price falls when supply exceeds demand
- The indicator tracks volume vs price movement to identify imbalances
#### 2. **Law of Cause and Effect**
- A period of accumulation (cause) leads to markup (effect)
- A period of distribution (cause) leads to markdown (effect)
- Trading ranges build "cause" for future price movement
#### 3. **Law of Effort vs Result**
- **Effort** = Volume (energy put into the market)
- **Result** = Price movement (spread of the bar)
- High effort with low result = potential reversal
- Low effort with high result = trend weakness
### The Five Phases
#### **ACCUMULATION CYCLE**
**Phase A: Stopping the Downtrend**
- Preliminary Support (PS): First sign of buying
- Selling Climax (SC): Panic selling exhaustion
- Automatic Rally (AR): Bounce from SC
- Secondary Test (ST): Test of SC low on lower volume
**Phase B: Building the Cause**
- Trading range develops
- Supply being absorbed by composite operator
- Multiple tests of support and resistance
- Volume generally decreases
**Phase C: The Test (Spring)**
- False breakdown below support
- Traps late sellers
- Quick reversal on low volume
- Last chance to accumulate before markup
**Phase D: Dominance Emerges**
- Sign of Strength (SOS): Break above resistance
- Last Point of Support (LPS): Pullback opportunity
- Backup (BU): Final consolidation
- Demand clearly exceeds supply
**Phase E: Markup**
- New uptrend established
- Price moves rapidly higher
- Phase E can last months/years
- Original trading range becomes support
#### **DISTRIBUTION CYCLE**
**Phase A: Stopping the Uptrend**
- Preliminary Supply (PSY): First sign of selling
- Buying Climax (BC): Euphoric buying exhaustion
- Automatic Reaction (AR): Sharp selloff from BC
- Secondary Test (ST): Test of BC high on lower volume
**Phase B: Building the Cause**
- Trading range at top
- Demand being absorbed by composite operator
- Multiple tests of support and resistance
**Phase C: The Test (UTAD)**
- Upthrust After Distribution
- False breakout above resistance
- Traps late buyers
- Quick reversal
**Phase D: Dominance Emerges**
- Sign of Weakness (SOW): Break below support
- Last Point of Supply (LPSY): Rally opportunity to exit
- Supply clearly exceeds demand
**Phase E: Markdown**
- New downtrend established
- Price moves rapidly lower
- Original trading range becomes resistance
---
## INDICATOR COMPONENTS
### 1. EVENT LABELS
#### Accumulation Events (Green labels)
- **PS** = Preliminary Support
- **SC** = Selling Climax (largest label, most important)
- **AR** = Automatic Rally
- **ST** = Secondary Test
- **SPRING** = Spring (critical buy signal)
- **TEST** = Test of support
- **SOS** = Sign of Strength (breakout)
- **LPS** = Last Point of Support
- **BU** = Backup
#### Distribution Events (Red labels)
- **PSY** = Preliminary Supply
- **BC** = Buying Climax (largest label, most important)
- **AR** = Automatic Reaction
- **ST** = Secondary Test
- **UTAD** = Upthrust After Distribution (critical sell signal)
- **SOW** = Sign of Weakness
- **LPSY** = Last Point of Supply
#### VSA Events (Small colored labels)
- **ND** (Orange) = No Demand - weakness
- **NS** (Blue) = No Supply - strength
- **SV** (Purple) = Stopping Volume
- **UT** (Red) = Upthrust - weakness
- **SO** (Green) = Shakeout - strength
#### Composite Operator (💰 symbols)
- Green 💰 at bottom = Smart Money Accumulation
- Red 💰 at top = Smart Money Distribution
### 2. BACKGROUND COLORS
- **Light Blue** = Phase A (Accumulation)
- **Light Orange** = Phase A (Distribution)
- **Very Light Green** = Phase C (Accumulation Testing)
- **Very Light Red** = Phase C (Distribution Testing)
- **Light Green** = Phase D (Accumulation Strength)
- **Light Red** = Phase D (Distribution Weakness)
- **Green** = Phase E (Markup - Bull trend)
- **Red** = Phase E (Markdown - Bear trend)
### 3. SUPPLY & DEMAND ZONES
- **Green boxes** = Demand zones (where smart money accumulated)
- **Red boxes** = Supply zones (where smart money distributed)
- Zones extend 20 bars into the future
- Price reactions at these zones are significant
### 4. VOLUME PANEL
- **Dark Green/Red bars** = Very High Volume (climax)
- **Light Green/Red bars** = High Volume
- **Gray bars** = Normal Volume
- **Faint Gray bars** = Low Volume
- **Blue line** = Volume Moving Average
### 5. INFORMATION TABLE (Top Right)
Displays real-time analysis:
- **Current Phase** (A, B, C, D, or E)
- **Status** (description of what's happening)
- **Volume** (Very High, High, Normal, Low)
- **Spread** (Wide, Normal, Narrow)
- **Effort/Result** (Poor, Normal, Good)
- **Range** (YES if in trading range)
- **Bias** (BULLISH, BEARISH, or NEUTRAL)
---
## HOW TO READ THE SIGNALS
### STRONG BUY SIGNALS (in order of strength)
1. **SPRING** (strongest)
- False breakdown below support
- Look for: Low volume, quick reversal, close above support
- Entry: When price closes back above support level
- Stop: Below the spring low
2. **SOS (Sign of Strength)**
- Break above trading range resistance
- Look for: High volume, wide spread up bar
- Entry: On breakout or pullback to LPS
- Stop: Below trading range
3. **Shakeout (SO)**
- Similar to spring but more violent
- Look for: High volume, penetration of support, strong close
- Entry: When price reclaims support
- Stop: Below shakeout low
4. **LPS (Last Point of Support)**
- Pullback after SOS
- Look for: Low volume, shallow pullback
- Entry: When support holds
- Stop: Below LPS
5. **No Supply (NS)**
- Down bar on very low volume
- Indicates lack of selling pressure
- Confirms accumulation phase
### STRONG SELL SIGNALS (in order of strength)
1. **UTAD (Upthrust After Distribution)** (strongest)
- False breakout above resistance
- Look for: High volume spike, rejection, close below resistance
- Entry: When price closes back below resistance
- Stop: Above UTAD high
2. **SOW (Sign of Weakness)**
- Break below trading range support
- Look for: High volume, wide spread down bar
- Entry: On breakdown or rally to LPSY
- Stop: Above trading range
3. **Upthrust (UT)**
- Move above resistance on low volume, weak close
- Look for: Low volume, close in lower half of bar
- Entry: When resistance becomes resistance again
- Stop: Above upthrust high
4. **LPSY (Last Point of Supply)**
- Rally after SOW
- Look for: Low volume, weak rally
- Entry: When rally fails
- Stop: Above LPSY
5. **No Demand (ND)**
- Up bar on very low volume
- Indicates lack of buying pressure
- Confirms distribution phase
### NEUTRAL/WARNING SIGNALS
- **High Effort, Low Result** = Potential reversal coming
- **Stopping Volume** = Trend may be ending
- **Absorption** = Large volume with small movement (accumulation/distribution)
---
## TRADING STRATEGY EXAMPLES
### Strategy 1: Accumulation Range Breakout
**Setup:**
1. Identify trading range (blue background in Phase B)
2. Wait for Spring or Test (Phase C)
3. Wait for SOS breakout (Phase D)
**Entry:**
- Option A: Buy on SOS breakout
- Option B: Wait for LPS pullback (better risk/reward)
**Stop Loss:**
- Below the spring low or trading range bottom
**Target:**
- Measure height of trading range (cause)
- Project upward from breakout point (effect)
- Minimum target = range height
**Example:**
```
Trading Range: 100 to 120 (20 point range)
SOS Breakout at: 120
Target: 120 + 20 = 140 minimum
```
### Strategy 2: Distribution Range Breakdown
**Setup:**
1. Identify trading range after uptrend
2. Wait for UTAD (Phase C)
3. Wait for SOW breakdown (Phase D)
**Entry:**
- Option A: Sell on SOW breakdown
- Option B: Wait for LPSY rally (better risk/reward)
**Stop Loss:**
- Above the UTAD high or trading range top
**Target:**
- Measure height of trading range
- Project downward from breakdown point
- Minimum target = range height
### Strategy 3: Spring Trading
**Setup:**
1. Strong downtrend followed by range
2. Price breaks below range bottom
3. Volume is LOW on breakdown
4. Price quickly reverses and closes above support
**Entry:**
- When candle closes above support level
- Or on retest of support
**Stop Loss:**
- Below spring low (usually tight)
**Target:**
- Top of trading range
- Previous swing high
**Risk/Reward:**
- Typically 1:3 or better
### Strategy 4: Smart Money Tracking
**Setup:**
1. Look for 💰 symbols in demand zones
2. Multiple accumulation signals (PS, SC, ST, Test)
3. Volume decreasing during range
**Entry:**
- At next demand zone test
- On SOS breakout
**Confirmation:**
- Background turning green (Phase D/E)
- Table shows "BULLISH" bias
### Strategy 5: VSA Reversal
**Setup:**
1. Strong trend in place
2. Stopping Volume (SV) appears at extreme
3. Followed by No Demand (ND) or No Supply (NS)
**Entry:**
- When trend breaks down/up
- On retest of extreme
**Example (Bullish):**
```
Downtrend → Stopping Volume → No Supply → Up bar
Entry: Buy when price moves above SV bar
```
---
## SETTINGS & CUSTOMIZATION
### Volume Analysis Settings
**Volume MA Length** (default: 20)
- Shorter = More sensitive to volume changes
- Longer = Smoother, less noise
- Recommended: 15-25 for most timeframes
**High Volume Multiplier** (default: 1.5)
- Threshold for "high volume"
- Lower = More signals
- Higher = Only extreme volume
- Recommended: 1.3-2.0
**Climax Volume Multiplier** (default: 2.0)
- Threshold for climax events (SC, BC)
- Should be significantly higher than normal
- Recommended: 2.0-3.0
### Phase Detection Settings
**Swing Detection Length** (default: 5)
- How many bars to look left/right for swing points
- Shorter = More swings detected (more noise)
- Longer = Fewer swings (cleaner, might miss some)
- Recommended: 3-7
**Range Expansion Threshold** (default: 1.5)
- Multiplier for "wide spread" bars
- Higher = Only very wide bars qualify
- Recommended: 1.3-2.0
**Volume Confirmation** (default: ON)
- Requires volume confirmation for events
- Turn OFF for very low volume instruments
- Keep ON for stocks, forex, crypto
### Display Options
Toggle on/off:
- ✅ **Show Accumulation/Distribution Phases** - Background colors
- ✅ **Show Wyckoff Events** - All labeled events
- ✅ **Show Volume Spread Analysis** - VSA labels
- ✅ **Show Supply/Demand Zones** - Boxes on chart
- ✅ **Show Composite Operator Signals** - 💰 symbols
### Color Customization
- **Bullish Color** - All accumulation events
- **Bearish Color** - All distribution events
- **Neutral Color** - Range/neutral signals
---
## ALERT SETUP
### Available Alerts
1. **Selling Climax (SC)** - Potential bottom forming
2. **Spring** - Strong buy signal
3. **Sign of Strength (SOS)** - Bullish breakout
4. **Buying Climax (BC)** - Potential top forming
5. **UTAD** - Strong sell signal
6. **Sign of Weakness (SOW)** - Bearish breakdown
7. **Phase E Markup** - Uptrend confirmed
8. **Phase E Markdown** - Downtrend confirmed
9. **Smart Money Accumulation** - Institutions buying
10. **Smart Money Distribution** - Institutions selling
### How to Set Up Alerts
1. Click the "⏰" icon on TradingView
2. Select "Create Alert"
3. Condition: Choose the indicator and alert type
4. Example: "Wyckoff Method - Spring"
5. Set notification preferences (popup, email, webhook)
6. Click "Create"
### Recommended Alert Strategy
**Conservative Trader:**
- Spring
- SOS
- UTAD
- SOW
**Aggressive Trader:**
- Add: SC, BC, Smart Money signals
**Long-term Investor:**
- Phase E Markup
- Phase E Markdown
- Smart Money Accumulation
---
## COMMON PATTERNS
### Pattern 1: Classic Accumulation
```
Phase A: Downtrend → PS → SC → AR → ST
Phase B: Range building (4-12 weeks typical)
Phase C: Spring (false breakdown)
Phase D: SOS → LPS → BU
Phase E: Markup (new uptrend)
```
**What to do:**
- Mark the range boundaries
- Wait for spring
- Buy on LPS or SOS
- Hold through markup
### Pattern 2: Classic Distribution
```
Phase A: Uptrend → PSY → BC → AR → ST
Phase B: Range building (topping process)
Phase C: UTAD (false breakout)
Phase D: SOW → LPSY
Phase E: Markdown (new downtrend)
```
**What to do:**
- Mark the range boundaries
- Wait for UTAD
- Sell on LPSY or SOW
- Stay out during markdown
### Pattern 3: Re-Accumulation
```
Uptrend → Trading Range → Spring → Uptrend continues
```
- Occurs during existing uptrend
- Shorter accumulation period
- Often no clear SC (trend is already up)
- Spring is the key signal
### Pattern 4: Re-Distribution
```
Downtrend → Trading Range → UTAD → Downtrend continues
```
- Occurs during existing downtrend
- Shorter distribution period
- Often no clear BC (trend is already down)
- UTAD is the key signal
### Pattern 5: Failed Breakout
**Bullish Failed Breakout:**
```
Range → Breakdown → Immediate reversal (Spring)
```
- Price breaks support
- Volume is LOW
- Immediate strong reversal
- Very bullish
**Bearish Failed Breakout:**
```
Range → Breakout → Immediate reversal (UTAD)
```
- Price breaks resistance
- Volume may be high initially
- Quick rejection and reversal
- Very bearish
---
## TIMEFRAME RECOMMENDATIONS
### Daily Charts (Most Reliable)
- Best for swing trading
- Clear phases and events
- Less noise
- Recommended for beginners
### 4-Hour Charts
- Good for active swing traders
- Faster signals than daily
- Still reliable
### 1-Hour Charts
- For day traders
- More false signals
- Need to filter carefully
- Use in conjunction with higher timeframe
### 15-Minute / 5-Minute
- Only for experienced traders
- High noise level
- Many false signals
- Use daily chart for context
**Golden Rule:** Always check higher timeframe first!
---
## MULTI-TIMEFRAME ANALYSIS
### Top-Down Approach (Recommended)
1. **Weekly Chart** - Identify major trend and phase
2. **Daily Chart** - Find current accumulation/distribution
3. **4H Chart** - Identify entry timing
4. **Entry Timeframe** - Execute trade
### Example Analysis:
**Weekly:** Phase E Markup (bullish)
**Daily:** Phase B Re-accumulation
**4-Hour:** Spring detected
**Action:** Buy on daily LPS
---
## WYCKOFF + OTHER INDICATORS
### Complementary Tools
1. **Moving Averages**
- 20/50 SMA for trend context
- Already plotted on indicator
2. **RSI**
- Divergences at SC/BC
- Confirms overbought/oversold
3. **MACD**
- Confirms trend change in Phase D
- Divergences support Wyckoff events
4. **Volume Profile**
- Identifies value areas
- Confirms supply/demand zones
5. **Order Flow / Footprint Charts**
- See institutional activity
- Confirms smart money signals
**Don't Over-Complicate:**
- Wyckoff is a complete system
- Other indicators are supplementary
- When in doubt, trust Wyckoff
---
## TROUBLESHOOTING
### Issue: Too Many Labels
**Solution:**
- Increase swing length (Settings → 7 or 10)
- Increase volume multipliers
- Turn off VSA labels if not needed
- Focus on major events only (SC, Spring, SOS, BC, UTAD, SOW)
### Issue: Missing Expected Events
**Solution:**
- Decrease swing length (Settings → 3)
- Decrease volume multipliers
- Turn OFF volume confirmation
- Check timeframe (use daily chart)
### Issue: False Signals
**Solution:**
- Use higher timeframe
- Wait for confirmation
- Don't trade against major trend
- Look for multiple signal convergence
### Issue: Can't See Background Colors
**Solution:**
- Check "Show Phases" is enabled
- Increase monitor brightness
- Colors are subtle by design (not to obscure price)
### Issue: Volume Shows Incorrectly
**Solution:**
- Ensure volume data is available for your symbol
- Some symbols have poor volume data
- Forex spot pairs have no real volume
- Use futures or stock markets for best results
### Issue: No Trading Range Detected
**Solution:**
- Market may be trending strongly
- Trading range might be too small
- Wait for price to consolidate
- Not all markets have clear ranges
---
## ADVANCED TIPS
### 1. Count Point & Figure Charts
- Wyckoff used P&F to measure "cause"
- Width of range × height = minimum move target
- Longer accumulation = larger markup
### 2. Watch for Absorption
- High volume + narrow spread = someone absorbing
- In downtrend = accumulation
- In uptrend = distribution
### 3. Multiple Timeframe Springs
- Spring on daily + spring on weekly = very strong
- Increases probability significantly
### 4. Failed Signals Are Signals Too
- Failed spring = weakness, expect lower
- Failed UTAD = strength, expect higher
### 5. Context is King
- Don't buy during Phase E Markdown
- Don't sell during Phase E Markup
- Respect the major trend
### 6. Volume Precedes Price
- Study volume changes first
- Price follows volume
- Decreasing volume in range = building energy
### 7. Composite Operator Mindset
- Think like institutions
- Where would smart money buy/sell?
- They need liquidity (retail traders)
---
## RISK MANAGEMENT
### Position Sizing
**Conservative:**
- Risk 1% per trade
- Wider stops at range boundaries
**Moderate:**
- Risk 1-2% per trade
- Stops below spring/above UTAD
**Aggressive:**
- Risk 2-3% per trade
- Tight stops
- Higher win rate needed
### Stop Loss Placement
**Accumulation:**
- Below spring low
- Below trading range bottom
- Below demand zone
**Distribution:**
- Above UTAD high
- Above trading range top
- Above supply zone
### Take Profit Strategy
**Method 1: Measured Move**
- Range height = minimum target
- 2x range height = extended target
**Method 2: Fibonacci Extensions**
- 1.0 = range height
- 1.618 = extended target
- 2.618 = maximum target
**Method 3: Trail the Stop**
- Move stop to breakeven at 1R
- Trail under swing lows in markup
- Lock in profits progressively
---
## BACKTESTING CHECKLIST
Before trading with real money:
- Backtest on 50+ historical examples
- Record all signals in trading journal
- Calculate win rate (aim for >50%)
- Calculate average R:R (aim for >1:2)
- Test on multiple instruments
- Test on multiple timeframes
- Test in different market conditions
- Verify signal consistency
- Practice on demo account
- Start small with real money
---
## RECOMMENDED READING
### Books
1. **"Studies in Tape Reading"** - Richard D. Wyckoff
2. **"The Richard D. Wyckoff Method"** - Rubén Villahermosa
3. **"Charting the Stock Market: The Wyckoff Method"** - Jack Hutson
4. **"Master the Markets"** - Tom Williams (VSA)
### Courses
1. Wyckoff Analytics - Official Wyckoff course
2. TradeVSA - Volume Spread Analysis
3. StockCharts - Wyckoff education
### Communities
1. Wyckoff Analytics Forum
2. Reddit r/Wyckoff
3. TradingView Wyckoff ideas section
---
## FREQUENTLY ASKED QUESTIONS
**Q: Can I use this on crypto?**
A: Yes, works well on major cryptocurrencies with good volume.
**Q: Does it work on forex?**
A: Yes, but use futures volume (like 6E for EUR/USD) for better accuracy.
**Q: What's the best timeframe?**
A: Daily chart for most traders. 4H for more active trading.
**Q: How long does accumulation last?**
A: Typically 2-12 weeks. Longer accumulation = bigger markup.
**Q: Can I automate this?**
A: You can use the alerts, but manual analysis is recommended.
**Q: What's the win rate?**
A: With proper filtering: 60-70% on major signals (Spring, UTAD, SOS, SOW).
**Q: Should I trade every signal?**
A: No. Focus on Spring, UTAD, SOS, and SOW in trending markets.
**Q: What if I see conflicting signals?**
A: Use higher timeframe for context. When in doubt, stay out.
**Q: How do I know which phase I'm in?**
A: Check the table in top-right corner. Also look at background color.
**Q: Can I use this for options trading?**
A: Yes, excellent for timing option entries (especially around Spring/UTAD).
---
## FINAL THOUGHTS
The Wyckoff Method is:
- **A complete trading system** (not just an indicator)
- **Based on 100+ years** of market wisdom
- **Used by institutions** and professional traders
- **Requires practice** and screen time
- **Highly effective** when applied correctly
**Success Tips:**
1. Start with daily charts
2. Focus on major events (SC, Spring, SOS, BC, UTAD, SOW)
3. Always check higher timeframe context
4. Wait for confirmation before entering
5. Manage risk properly
6. Keep a trading journal
7. Be patient - wait for the best setups
**Remember:**
- Not every range will have all events
- Some phases may be abbreviated
- Context and confluence matter most
- Practice makes perfect
---
## SUPPORT & UPDATES
For questions, improvements, or bug reports:
- Check TradingView script comments
- Join Wyckoff trading communities
- Study historical examples
- Practice on demo accounts
**Good luck and happy trading!**
---
*Disclaimer: This indicator is for educational purposes. Always do your own analysis and risk management. Past performance does not guarantee future results.*
# WYCKOFF VISUAL SETUP EXAMPLES
## ACCUMULATION SCHEMATIC #1 (Classic Bottom)
```
Price Chart View:
│ PHASE E
│ MARKUP
│ ╱
│ ╱
┌─SOS─────┤ ╱
│ │ ╱
┌───────────┤ ┌LPS │╱
│ PHASE B │ │ │
│ (Cause) └──┴──────┤
┌AR──┤ │
┌────┤ │ ┌─Spring │ PHASE D
│ └ST──┤ │ │
│ │ │ │
────SC────────┴─────────┴───────────┴──────────
│
PS
│ PHASE A
│
Downtrend
```
### PHASE A - Stopping the Downtrend
```
PS: │ High volume down bar
▼ First sign of support
■ Not bottom yet
SC: │ VERY HIGH volume
▼ Panic selling exhaustion
█ Long lower wick
█ This is the low
AR: │ Automatic rally
▲ Relief bounce
■ High volume acceptable
ST: │ Secondary test
▼ Low volume (KEY!)
■ Tests SC low
```
### PHASE B - Building the Cause
```
┌─────────┐
│ ~~~ │ Multiple tests
│ ~ ~ │ Volume decreases
│~ ~ │ Range gets tighter
└─────────┘
Duration: 2-12 weeks typical
The longer, the bigger the eventual move
```
### PHASE C - The Test (SPRING)
```
║ False breakdown
─────╨─────
▼ Low volume
█ Breaks below support
■
█ Quick reversal
▲ Closes ABOVE support
CRITICAL: Volume must be LOW
Close must be strong
Happens quickly (1-3 bars)
```
### PHASE D - Strength Emerges
```
SOS: ▲ Sign of Strength
────╥──── Break above resistance
║ High volume
║ Wide spread
LPS: ▼ Last Point Support
■ Pullback on LOW volume
▲ Great entry point
BU: ▲ Backup
■ Final consolidation
▲ Before markup
```
### PHASE E - Markup
```
╱
╱
╱ Strong uptrend
╱ High momentum
╱ Can last months/years
──╱──
```
---
## DISTRIBUTION SCHEMATIC #2 (Classic Top)
```
Price Chart View:
Uptrend
│
PSY
│ PHASE A
────BC────────┬─────────┬───────────┬──────────
│ │ UTAD │
│ PHASE B │ │ PHASE D
┌AR──┤ ┌LPSY │ │
│ │ │ └───────────┤
│ └──┴──────┐ │╲
└ST──┤ │ │ ╲
│ └───────────┤ ╲
└─SOW─────┤ │ ╲
│ │ ╲
│ PHASE C │ ╲
│ │ PHASE E
│ │ MARKDOWN
```
### PHASE A - Stopping the Uptrend
```
PSY: │ High volume up bar
▲ Preliminary supply
■ Selling starting
BC: │ VERY HIGH volume
▲ Buying climax
█ Euphoric top
█ Long upper wick
AR: │ Automatic reaction
▼ Sharp selloff
■ High volume
ST: │ Secondary test
▲ Low volume (KEY!)
■ Tests BC high
```
### PHASE C - The Test (UTAD)
```
▲ False breakout
────╥────
║ Breaks ABOVE resistance
║ Often high volume spike
▼
█ Rejection / weak close
█ Closes BELOW resistance
▼
CRITICAL: Closes weak
Quick rejection
Traps buyers
```
### PHASE D - Weakness Emerges
```
SOW: ▼ Sign of Weakness
────╨──── Break below support
║ High volume
║ Wide spread
LPSY: ▲ Last Point Supply
■ Rally on LOW volume
▼ Last chance to exit
```
---
## VOLUME PATTERNS (Critical to Understanding)
### ACCUMULATION Volume Pattern
```
Volume
│ SC
█
█ ST
■ ■ Spring
■ ■ ■ SOS LPS
──┴────┴────┴──────█───■────►
│ │ │ │ │
│ │ │ │ │
A A C D D
Pattern: HIGH → low → low → HIGH → low
Key: Volume DECREASES during range
INCREASES on breakout
```
### DISTRIBUTION Volume Pattern
```
Volume
│ BC
█
█ ST
■ ■ UTAD
■ ■ ■ SOW LPSY
──┴────┴────┴──────█───■────►
│ │ │ │ │
│ │ │ │ │
A A C D D
Pattern: HIGH → low → varies → HIGH → low
Key: Volume MAY increase on UTAD
Definitely HIGH on breakdown (SOW)
```
---
## REAL TRADE SETUPS
### Setup #1: SPRING BUY
```
Entry Conditions:
1. Clear trading range identified
2. Price breaks BELOW support
3. Volume is LOW (critical!)
4. Price reverses QUICKLY
5. Closes ABOVE support level
Entry: Next bar or on retest
Stop: Below spring low
Target: Top of range (minimum)
Example:
Support: $100
Spring low: $98 (low volume)
Close: $101
Entry: $102
Stop: $97.50
Target: $120 (range top)
Risk/Reward: 1:4
```
### Setup #2: UTAD SELL
```
Entry Conditions:
1. Clear trading range identified (after uptrend)
2. Price breaks ABOVE resistance
3. Often high volume spike
4. Price reverses QUICKLY
5. Closes BELOW resistance level
Entry: Next bar or on retest
Stop: Above UTAD high
Target: Bottom of range (minimum)
Example:
Resistance: $200
UTAD high: $205 (spike)
Close: $198
Entry: $197
Stop: $206
Target: $180 (range bottom)
Risk/Reward: 1:2
```
### Setup #3: SOS BREAKOUT
```
Entry Conditions:
1. Clear accumulation range
2. Spring already occurred (ideal)
3. Price breaks ABOVE resistance
4. HIGH volume on breakout
5. Wide spread up bar
Entry Option A: On breakout ($120)
Entry Option B: Wait for LPS pullback ($115)
Stop: Below range or LPS
Target: Range height projected up
Example:
Range: $100-$120 (20 points)
SOS breakout: $120
Entry A: $120
Stop: $115
Target 1: $140 (100%)
Target 2: $150 (150%)
```
---
## VSA SPECIFIC PATTERNS
### Pattern 1: No Demand (Weakness)
```
▲
■ Up bar
■ Low volume ◄── KEY
▲ Small body
Context: After uptrend
Meaning: Buyers exhausted
Action: Prepare to sell
```
### Pattern 2: No Supply (Strength)
```
▼
■ Down bar
■ Low volume ◄── KEY
▼ Small body
Context: After downtrend
Meaning: Sellers exhausted
Action: Prepare to buy
```
### Pattern 3: Stopping Volume
```
═ Very high volume
█ Narrow spread ◄── KEY
═ Price not moving
Context: At extremes
Meaning: Absorption
Action: Expect reversal
```
---
## COMMON MISTAKES (What NOT to Do)
### ❌ Mistake 1: Buying Prematurely
```
WRONG:
SC
▼
█ ← DON'T BUY HERE
CORRECT:
Spring
─────╨─────
▼
█ ← BUY HERE
▲
```
### ❌ Mistake 2: Ignoring Volume
```
WRONG: "It broke below support, must be spring"
─────╨───── High volume
█
This is a BREAKDOWN, not a spring!
CORRECT Spring:
─────╨───── LOW volume ✓
■ Quick reversal ✓
▲
```
### ❌ Mistake 3: Trading Against Trend
```
WRONG:
Markdown Phase E
╲
╲ ← Trying to buy here
╲
╲
CORRECT:
Wait for new accumulation to complete
```
---
## MULTI-TIMEFRAME EXAMPLE
### Weekly Chart: Phase E Markup (Bullish)
```
╱
╱
╱ Long-term uptrend
╱
───╱─────
```
### Daily Chart: Re-Accumulation Phase C
```
┌─────────┐
│ Spring │ ← We are here
│ ▼ │
─────┴────█────┴─────
▲
```
### 4-Hour Chart: Entry Timing
```
Last 48 hours:
─────╨───── Spring occurred
█
▲ ← Enter now
■
```
**Result:** Triple confirmation across timeframes = High probability trade
---
## PROFIT TARGETS (Visual Guide)
### Method 1: Basic Measured Move
```
Resistance: 120 ┐ ─────────
│
│ 20 points
│
Support: 100 ┘ ─────────
Breakout: 120
Target: 120 + 20 = 140
╱╱╱ 140 (Target)
╱╱╱
╱╱╱
──────◄ 120 (Breakout)
│
Range │ 20
│
──────┘ 100
```
### Method 2: Multiple Targets
```
╱╱╱ 150 (Target 3: 2.5x) - 20% position
╱╱╱
╱╱╱ 140 (Target 2: 2x) - 30% position
╱╱╱
─────◄╱ 130 (Target 1: 1x) - 50% position
│
10 │ 120 (Breakout)
│
─────┘ 110 (Support)
```
### Method 3: Trailing Stop
```
1. Move stop to breakeven at Target 1
2. Trail stop under swing lows
3. Let winners run
╱╱╱
╱ ╱╱ ← Trail stop here
╱╱ ╱
╱ ╱ ← Then here
─────◄──╱
← Start here (breakeven)
```
---
## TIMING ENTRIES (Exact Bar Patterns)
### Perfect Spring Entry
```
Bar 1: ▼ Breaks below (Low vol)
█
Bar 2: ▲ Reverses (Closes strong)
█ ◄─ ENTER HERE
Bar 3: ■ Confirms
▲
DON'T WAIT for Bar 3!
Enter on Bar 2 close
```
### Perfect UTAD Entry
```
Bar 1: ▲ Breaks above (Spike vol OK)
█
Bar 2: ▼ Reverses (Closes weak)
█ ◄─ ENTER HERE
Bar 3: ■ Confirms
▼
SHORT on Bar 2 close
Don't wait for more confirmation
```
---
## COMPOSITE OPERATOR PSYCHOLOGY
### What Smart Money Does (Follow Them)
**Accumulation:**
```
1. Create fear (PS, SC)
2. Shake out weak hands (Spring)
3. Absorb supply quietly (Phase B)
4. Test for remaining supply (Test)
5. Mark it up (SOS → Phase E)
💰 They buy LOW when retail panics
```
**Distribution:**
```
1. Create euphoria (PSY, BC)
2. Trap late buyers (UTAD)
3. Distribute to buyers (Phase B)
4. Test for remaining demand (ST)
5. Mark it down (SOW → Phase E)
💰 They sell HIGH when retail buys
```
### Where to Look for Smart Money
```
💰 Buy signals appear at:
- Demand zones (green boxes)
- Springs and shakeouts
- Tests of support
- After selling climax
💰 Sell signals appear at:
- Supply zones (red boxes)
- UTAD and upthrusts
- Weak rallies (LPSY)
- After buying climax
```
---
## PRACTICE EXERCISES
### Exercise 1: Identify the Phase
Look at any chart and ask:
1. Is there a trading range? (Phase B likely)
2. Did we just stop a trend? (Phase A)
3. Was there a spring/UTAD? (Phase C)
4. Is there a breakout? (Phase D)
5. Is trend running? (Phase E)
### Exercise 2: Volume Analysis
For each bar, note:
- Volume level (High/Normal/Low)
- Spread (Wide/Normal/Narrow)
- Effort vs Result (Matching? Diverging?)
### Exercise 3: Find Historical Springs
Go back 6 months:
- Mark all springs you can find
- Note the setup before each
- Track what happened after
- Calculate win rate
---
## FINAL VISUALIZATION: The Complete Cycle
```
ACCUMULATION → MARKUP → DISTRIBUTION → MARKDOWN → ACCUMULATION...
Distribution Accumulation
(Top) (Bottom)
┌───────────────┐ ┌───────────────┐
│ BC UTAD │ │ Spring SC │
│ │ │ │ │ │ │ │
────┴───┴───┴───────┴─╲ ╱────────┴───┴───┴────
╲ ╱
Markdown ╲ ╱ Markup
(Phase E) ╲ ╱ (Phase E)
╲ ╱
╲ ╱
╲ ╱
╲ ╱
V
The market cycles endlessly
Your job: Identify where you are in the cycle
Trade accordingly
```
---
**Remember:**
- 📊 Study charts daily
- 📝 Journal every setup
- 🎯 Wait for the best signals
- 💰 Follow smart money
- ⏰ Be patient
- 🚀 Let winners run
**The indicator does the heavy lifting - you make the decisions!**
MA Crossover20 Ema
200 Day Crossover
Marks Death and Golden Cross
Useful for longterm time frames and finding trends.
Can be used for intraday scalping but advised to be used with price action and other indicators like Williams %R or VWAP.
WPR Dot PlotterWPR = williams percent range dot plotter.
I put my settings at tiny and yellow dot when WPR is between -20 and 0.
Red dot on top when WPR is -80 to -100
Entertainment purposes only.
Super momentum DBSISuper momentum DBSI: The Ultimate Guide
1. What is this Indicator?
The Super momentum DBSI is a "Consensus Engine." Instead of relying on a single line (like an RSI) to tell you where the market is going, this tool calculates 33 distinct technical indicators simultaneously for every single candle.
It treats the market like a democracy. It asks 33 mathematical "voters" (Momentum, Trend, Volume, Volatility) if they are Bullish or Bearish.
If 30 out of 33 say "Buy," the score is high (Yellow), and the trend is extremely strong.
If only 15 say "Buy," the score is low (Teal), and the trend is weak or choppy.
2. Visual Guide: How to Read the Numbers
The Scores
Top Number (Bears): Represents Selling Pressure.
Bottom Number (Bulls): Represents Buying Pressure.
The Colors (The Traffic Lights)
The colors are your primary signal. They tell you who is currently winning the war.
🟡 YELLOW (Dominance):
This indicates the Winning Side.
If the Bottom Number is Yellow, Bulls are in control.
If the Top Number is Yellow, Bears are in control.
🔴 RED (Weakness):
This appears on the Top. It means Bears are present but losing.
🔵 TEAL (Weakness):
This appears on the Bottom. It means Bulls are present but losing.
3. Trading Strategy
Scenario A: The "Strong Buy" (Long Entry)
The Setup: You are looking for a shift in momentum where Buyers overwhelm Sellers.
Watch the Bottom Number: Wait for it to turn Yellow.
Confirm Strength: Ensure the score is above 15 and rising (e.g., 12 → 18 → 22).
Check the Top: The Top Number should be Red and low (below 10).
Trigger: Enter on the candle close.
Scenario B: The "Strong Sell" (Short Entry)
The Setup: You are looking for Sellers to crush the Buyers.
Watch the Top Number: Wait for it to turn Yellow.
Confirm Strength: Ensure the score is above 15 and rising.
Check the Bottom: The Bottom Number should be Teal and low.
Trigger: Enter on the candle close.
Scenario C: The "No Trade Zone" (Choppy Market)
The Setup: The market is confused.
Visual: Top is Red, Bottom is Teal.
Meaning: NOBODY IS WINNING. There is no Yellow number.
Action: Do not trade. This usually happens during lunch hours, weekends, or right before big news. This filter alone will save you from many false breakouts.
4. What is Inside? (The 33 Indicators)
To give you confidence in the signals, here is exactly what the script is checking:
Group 1: Momentum (Oscillators)
Detects if price is moving fast.
RSI (Relative Strength Index)
CCI (Commodity Channel Index)
Stochastic
Williams %R
Momentum
Rate of Change (ROC)
Ultimate Oscillator
Awesome Oscillator
True Strength Index (TSI)
Stoch RSI
TRIX
Chande Momentum Oscillator
Group 2: Trend Direction
Detects the general path of the market.
13. MACD
14. Parabolic SAR
15. SuperTrend
16. ALMA (Moving Average)
17. Aroon
18. ADX (Directional Movement)
19. Coppock Curve
20. Ichimoku Conversion Line
21. Hull Moving Average
Group 3: Price Action
Detects where price is relative to averages.
22. Price vs EMA 20
23. Price vs EMA 50
24. Price vs EMA 200
Group 4: Volume & Force
Detects if there is money behind the move.
25. Money Flow Index (MFI)
26. On Balance Volume (OBV)
27. Chaikin Money Flow (CMF)
28. VWAP (Intraday)
29. Elder Force Index
30. Ease of Movement
Group 5: Volatility
Detects if price is pushing the outer limits.
31. Bollinger Bands
32. Keltner Channels
33. Donchian Channels
5. Pro Tips for Success
Don't Catch Knives: If the Bear score (Top) is Yellow and 25+, do not try to buy the dip. Wait for the Yellow score to break.
Exit Early: If you are Long and the Yellow Bull score drops from 28 to 15 in one candle, TAKE PROFIT. The momentum has died.
Use Higher Timeframes: This indicator works best on 15m, 1H, and 4H charts. On the 1m chart, it may be too volatile.
reversalLibrary "reversals"
psar(af_start, af_increment, af_max)
Calculates Parabolic Stop And Reverse (SAR)
Parameters:
af_start (simple float) : Initial acceleration factor (Wilder's original: 0.02)
af_increment (simple float) : Acceleration factor increment per new extreme (Wilder's original: 0.02)
af_max (simple float) : Maximum acceleration factor (Wilder's original: 0.20)
Returns: SAR value (stop level for current trend)
fractals()
Detects Williams Fractal patterns (5-bar pattern)
Returns: Tuple with fractal values (na if no fractal)
swings(lookback, source_high, source_low)
Detects swing highs and swing lows using lookback period
Parameters:
lookback (simple int) : Number of bars on each side to confirm swing point
source_high (float) : Price series for swing high detection (typically high)
source_low (float) : Price series for swing low detection (typically low)
Returns: Tuple with swing point values (na if no swing)
pivot(tf)
Calculates classic/standard/floor pivot points
Parameters:
tf (simple string) : Timeframe for pivot calculation ("D", "W", "M")
Returns: Tuple with pivot levels
pivotcam(tf)
Calculates Camarilla pivot points with 8 levels for short-term trading
Parameters:
tf (simple string) : Timeframe for pivot calculation ("D", "W", "M")
Returns: Tuple with pivot levels
pivotdem(tf)
Calculates d-mark pivot points with conditional open/close logic
Parameters:
tf (simple string) : Timeframe for pivot calculation ("D", "W", "M")
Returns: Tuple with pivot levels (only 3 levels)
pivotext(tf)
Calculates extended traditional pivot points with R4-R5 and S4-S5 levels
Parameters:
tf (simple string) : Timeframe for pivot calculation ("D", "W", "M")
Returns: Tuple with pivot levels
pivotfib(tf)
Calculates Fibonacci pivot points using Fibonacci ratios
Parameters:
tf (simple string) : Timeframe for pivot calculation ("D", "W", "M")
Returns: Tuple with pivot levels
pivotwood(tf)
Calculates Woodie's pivot points with weighted closing price
Parameters:
tf (simple string) : Timeframe for pivot calculation ("D", "W", "M")
Returns: Tuple with pivot levels
Scout Regiment - D17# Scout Regiment - D17 Indicator
## English Documentation
### Overview
Scout Regiment - D17 is a comprehensive TradingView indicator that combines multiple technical analysis tools into one powerful overlay indicator. It provides traders with market structure analysis, divergence detection, volume profiling, smart money concepts, and session analysis.
### Key Features
#### 1. **EMA (Exponential Moving Averages)**
- **Purpose**: Trend identification and dynamic support/resistance levels
- **Configuration**: 13 customizable EMAs with adjustable periods
- **Default Active EMAs**: EMA 3 (21), EMA 5 (55), EMA 7 (144), EMA 8 (233)
- **Uses**: Identify trend direction, entry/exit points, and trend strength
- **Color Coding**: Different colors for easy visual distinction
#### 2. **TFMA (Timeframe Moving Averages)**
- **Purpose**: Multi-timeframe trend analysis
- **Features**:
- 3 EMAs on higher timeframes
- Dynamic labels showing trend direction
- Price difference percentage display
- Customizable timeframe settings
- **Default Settings**: 21-period timeframe with lengths 55, 144, and 233
- **Benefits**: Align trades with higher timeframe trends
#### 3. **DFMA (Daily Frame Moving Averages)**
- **Purpose**: Daily timeframe perspective on any chart
- **Features**: Similar to TFMA but specifically for daily analysis
- **Default Timeframe**: 1D (Daily)
- **Use Case**: Long-term trend confirmation and positioning
#### 4. **PMA (Price Moving Averages)**
- **Purpose**: Price channel analysis with filled areas
- **Configuration**: 7 customizable moving averages with fill zones
- **Default Lengths**: 12, 144, 169, 288, 338, 576, 676
- **Visual**: Color-filled zones between selected MAs for channel trading
#### 5. **VWAP (Volume Weighted Average Price)**
- **Purpose**: Institutional trading levels and fair value
- **Features**:
- Multiple anchor periods (Session, Week, Month, Quarter, Year, etc.)
- Standard deviation bands
- Corporate event anchoring (Earnings, Dividends, Splits)
- **Use Case**: Identify institutional support/resistance and mean reversion opportunities
#### 6. **Divergence Detector**
- **Purpose**: Identify potential trend reversals
- **Supported Indicators**: MACD, MACD Histogram, RSI, Stochastic, CCI, Williams %R, Bias, Momentum, OBV, SOBV, VWmacd, CMF, MFI, and external indicators
- **Divergence Types**:
- Regular Bullish/Bearish
- Hidden Bullish/Bearish
- **Features**:
- Automatic divergence line drawing
- Customizable detection parameters
- Color-coded alerts
#### 7. **Volume Profile & Node Detection**
- **Purpose**: Identify key price levels based on volume distribution
- **Features**:
- Volume Profile with POC (Point of Control)
- Value Area High (VAH) and Value Area Low (VAL)
- Peak and trough volume node detection
- Highest/lowest volume node highlighting
- **Lookback**: Configurable (default 377 bars)
- **Use Case**: Identify support/resistance zones and liquidity areas
#### 8. **Smart Money Concepts**
- **Purpose**: Track institutional trading patterns
- **Features**:
- Market Structure (BOS - Break of Structure, CHoCH - Change of Character)
- Internal and Swing structures
- Strong/Weak Highs and Lows
- Equal Highs/Lows detection
- Fair Value Gaps (FVG)
- **Modes**: Historical or Present (latest only)
- **Use Case**: Trade with institutional flow
#### 9. **Trading Sessions**
- **Purpose**: Analyze market behavior during different global sessions
- **Available Sessions**:
- Asian Session
- Sydney, Tokyo, Shanghai, Hong Kong
- European Session
- London, New York, NYSE
- **Features**:
- Session boxes with high/low visualization
- Real-time countdown timers
- Volume and price change tracking
- Information table with session statistics
- **Customization**: Choose which sessions to display, colors, and box styles
### How to Use
#### For Trend Following:
1. Enable EMAs 3, 5, 7, and 8
2. Use TFMA for higher timeframe confirmation
3. Look for price above/below key EMAs for trend direction
4. Use VWAP as additional confirmation
#### For Reversal Trading:
1. Enable Divergence Detector with MACD Histogram and Bias
2. Look for divergences at key support/resistance levels
3. Confirm with Smart Money CHoCH signals
4. Use Volume Profile nodes as entry/exit targets
#### For Intraday Trading:
1. Enable Trading Sessions
2. Focus on high-volume sessions (London, New York overlap)
3. Use session highs/lows as support/resistance
4. Trade Fair Value Gaps during active sessions
#### For Swing Trading:
1. Use DFMA for daily trend
2. Enable PMA for channel identification
3. Look for price reactions at volume profile value areas
4. Confirm with swing structure breaks
### Best Practices
1. **Don't Overcrowd**: Enable only the components you need for your strategy
2. **Multi-Timeframe Analysis**: Always check higher timeframe TFMA/DFMA
3. **Confluence**: Look for multiple signals confirming the same direction
4. **Volume Confirmation**: Use Volume Profile to validate price action
5. **Session Awareness**: Be aware of which session is active for volatility expectations
### Performance Optimization
- Disable unused features to improve chart loading speed
- Use "Present Mode" for Smart Money Concepts if historical data isn't needed
- Reduce Volume Profile lookback period on slower devices
### Alerts
The indicator includes alert conditions for:
- All divergence types (8 conditions)
- Smart Money structure breaks (8 conditions)
- Equal highs/lows detection
- Fair Value Gaps formation
---
## 中文说明文档
### 概述
Scout Regiment - D17 是一款综合性TradingView指标，将多个技术分析工具整合到一个强大的叠加指标中。它为交易者提供市场结构分析、背离检测、成交量分析、聪明钱概念和时区分析。
### 核心功能
#### 1. **EMA（指数移动平均线）**
- **用途**：趋势识别和动态支撑阻力位
- **配置**：13条可自定义周期的EMA
- **默认启用**：EMA 3（21）、EMA 5（55）、EMA 7（144）、EMA 8（233）
- **应用**：识别趋势方向、进出场点位和趋势强度
- **颜色编码**：不同颜色便于视觉区分
#### 2. **TFMA（时间框架移动平均线）**
- **用途**：多时间框架趋势分析
- **特点**：
- 3条更高时间框架的EMA
- 显示趋势方向的动态标签
- 价格差异百分比显示
- 可自定义时间框架设置
- **默认设置**：21周期时间框架，长度为55、144和233
- **优势**：使交易与更高时间框架趋势保持一致
#### 3. **DFMA（日线框架移动平均线）**
- **用途**：在任何图表上提供日线时间框架视角
- **特点**：与TFMA类似，但专门用于日线分析
- **默认时间框架**：1D（日线）
- **使用场景**：长期趋势确认和定位
#### 4. **PMA（价格移动平均线）**
- **用途**：价格通道分析与填充区域
- **配置**：7条可自定义的移动平均线，带填充区域
- **默认长度**：12、144、169、288、338、576、676
- **视觉效果**：选定MA之间的彩色填充区域，用于通道交易
#### 5. **VWAP（成交量加权平均价格）**
- **用途**：机构交易水平和公允价值
- **特点**：
- 多个锚定周期（交易日、周、月、季度、年等）
- 标准差波段
- 企业事件锚定（财报、分红、拆股）
- **使用场景**：识别机构支撑阻力和均值回归机会
#### 6. **背离检测器**
- **用途**：识别潜在趋势反转
- **支持指标**：MACD、MACD柱状图、RSI、随机指标、CCI、威廉指标、乖离率、动量、OBV、SOBV、VWmacd、CMF、MFI及外部指标
- **背离类型**：
- 常规看涨/看跌背离
- 隐藏看涨/看跌背离
- **特点**：
- 自动绘制背离连线
- 可自定义检测参数
- 颜色编码警报
#### 7. **成交量分布与节点检测**
- **用途**：基于成交量分布识别关键价格水平
- **特点**：
- 成交量分布图与POC（控制点）
- 价值区域高点（VAH）和低点（VAL）
- 峰值和低谷成交量节点检测
- 最高/最低成交量节点突出显示
- **回溯期**：可配置（默认377根K线）
- **使用场景**：识别支撑阻力区域和流动性区域
#### 8. **聪明钱概念**
- **用途**：追踪机构交易模式
- **特点**：
- 市场结构（BOS-突破结构、CHoCH-结构转变）
- 内部和摆动结构
- 强/弱高低点
- 等高/等低检测
- 公允价值缺口（FVG）
- **模式**：历史模式或当前模式（仅最新）
- **使用场景**：跟随机构资金流动交易
#### 9. **交易时区**
- **用途**：分析不同全球时段的市场行为
- **可用时段**：
- 亚洲时段
- 悉尼、东京、上海、香港
- 欧洲时段
- 伦敦、纽约、纽交所
- **特点**：
- 时段方框显示高低点
- 实时倒计时
- 成交量和价格变化追踪
- 时段统计信息表格
- **自定义**：选择显示哪些时段、颜色和方框样式
### 使用方法
#### 趋势跟随策略：
1. 启用EMA 3、5、7和8
2. 使用TFMA进行更高时间框架确认
3. 观察价格在关键EMA上方/下方确定趋势方向
4. 使用VWAP作为额外确认
#### 反转交易策略：
1. 启用背离检测器（MACD柱状图和乖离率）
2. 在关键支撑阻力位寻找背离
3. 用聪明钱CHoCH信号确认
4. 使用成交量分布节点作为进出场目标
#### 日内交易策略：
1. 启用交易时区
2. 关注高成交量时段（伦敦、纽约重叠时段）
3. 使用时段高低点作为支撑阻力
4. 在活跃时段交易公允价值缺口
#### 波段交易策略：
1. 使用DFMA确定日线趋势
2. 启用PMA识别通道
3. 观察价格在成交量分布价值区域的反应
4. 用摆动结构突破确认
### 最佳实践
1. **避免过度拥挤**：仅启用策略所需的组件
2. **多时间框架分析**：始终检查更高时间框架的TFMA/DFMA
3. **汇合点**：寻找多个信号确认同一方向
4. **成交量确认**：使用成交量分布验证价格行为
5. **时段意识**：了解当前活跃时段以预期波动性
### 性能优化
- 禁用未使用的功能以提高图表加载速度
- 如果不需要历史数据，对聪明钱概念使用"当前模式"
- 在较慢设备上减少成交量分布回溯期
### 警报
指标包含以下警报条件：
- 所有背离类型（8个条件）
- 聪明钱结构突破（8个条件）
- 等高/等低检测
- 公允价值缺口形成
---
## Technical Support
For questions or issues, please refer to the TradingView community or contact the indicator creator.
## 技术支持
如有问题，请参考TradingView社区或联系指标创建者。
VIX Fix Indicator (Hestla 2015)This script provides a streamlined version of the VIX Fix, referencing the foundational work of Larry Williams and the strategies of Amber Hestla. It serves as a synthetic volatility gauge for assets that lack a dedicated VIX index. The math works by measuring the percentage drop from the highest recent close to the current low, essentially quantifying fear in the market without needing options data.
This specific script is designed to be purely visual. I have removed all the buy and sell labels found in other versions to leave a clean pane that plots only the oscillator and its moving average. You can use this to identify potential market bottoms when the black line spikes significantly, signaling that selling pressure is reaching a mathematical extreme relative to the recent trend.
Elder's Complete Trading SystemKey Features:
✅ ENHANCED SIGNALS (🔥 symbols) = ALL conditions perfectly aligned:
Weekly trend confirmation
Daily pullback/rally against trend
Multiple indicator convergence
Divergence detection
Volume confirmation
Proper channel positioning
✅ Standard Signals = Basic Triple Screen requirements met
✅ Comprehensive Dashboard shows real-time status of ALL indicators
✅ Automatic Stop Loss & Target Calculation based on 2% rule
✅ Multiple Alert Types for different signal strengths
What Makes This "Perfect":
Implements EVERY major concept from the book:
Triple Screen (3 timeframes)
Elder-ray (Bull/Bear Power)
Force Index (Price + Volume)
MACD-Histogram with divergences
Multiple oscillators (Stochastic, Williams %R)
Volume analysis
Channel trading
2% Rule risk management
Losers Anonymous principles
Professional-Grade Features:
Multi-timeframe analysis
Divergence detection (most powerful signals)
Risk/reward calculation
Position sizing suggestions
Visual stop loss & target lines
Comprehensive alerting system
Follows Elder's Philosophy:
Quality over quantity
Risk management FIRST
Multiple confirmation required
Clear visual feedback
Educational reminders built-in
Best Practices:
Use on DAILY charts primarily
Set higher timeframe to WEEKLY
Only take ENHANCED signals for highest probability
ALWAYS follow the 2% rule
Check the dashboard before every trade
Wait for ALL confirmations to align
This is the most comprehensive Dr. Elder indicator possible—combining every trading principle from his book into one powerful system!
Quantum Market Analyzer X7Quantum Market Analyzer X7 - Complete Study Guide
Table of Contents
1. Overview
2. Indicator Components
3. Signal Interpretation
4. Live Market Analysis Guide
5. Best Practices
6. Limitations and Considerations
7. Risk Disclaimer
________________________________________
Overview
The Quantum Market Analyzer X7 is a comprehensive multi-timeframe technical analysis indicator that combines traditional and modern analytical methods. It aggregates signals from multiple technical indicators across seven key analysis categories to provide traders with a consolidated view of market sentiment and potential trading opportunities.
Key Features:
• Multi-Indicator Analysis: Combines 20+ technical indicators
• Real-Time Dashboard: Professional interface with customizable display
• Signal Aggregation: Weighted scoring system for overall market sentiment
• Advanced Analytics: Includes Order Block detection, Supertrend, and Volume analysis
• Visual Progress Indicators: Easy-to-read progress bars for signal strength
________________________________________
Indicator Components
1. Oscillators Section
Purpose: Identifies overbought/oversold conditions and momentum changes
Included Indicators:
• RSI (14): Relative Strength Index - momentum oscillator
• Stochastic (14): Compares closing price to price range
• CCI (20): Commodity Channel Index - cycle identification
• Williams %R (14): Momentum indicator similar to Stochastic
• MACD (12,26,9): Moving Average Convergence Divergence
• Momentum (10): Rate of price change
• ROC (9): Rate of Change
• Bollinger Bands (20,2): Volatility-based indicator
Signal Interpretation:
• Strong Buy (6+ points): Multiple oscillators indicate oversold conditions
• Buy (2-5 points): Moderate bullish momentum
• Neutral (-1 to 1 points): Balanced conditions
• Sell (-2 to -5 points): Moderate bearish momentum
• Strong Sell (-6+ points): Multiple oscillators indicate overbought conditions
2. Moving Averages Section
Purpose: Determines trend direction and strength
Included Indicators:
• SMA: 10, 20, 50, 100, 200 periods
• EMA: 10, 20, 50 periods
Signal Logic:
• Price >2% above MA = Strong Buy (+2)
• Price above MA = Buy (+1)
• Price below MA = Sell (-1)
• Price >2% below MA = Strong Sell (-2)
Signal Interpretation:
• Strong Buy (6+ points): Price well above multiple MAs, strong uptrend
• Buy (2-5 points): Price above most MAs, bullish trend
• Neutral (-1 to 1 points): Mixed MA signals, consolidation
• Sell (-2 to -5 points): Price below most MAs, bearish trend
• Strong Sell (-6+ points): Price well below multiple MAs, strong downtrend
3. Order Block Analysis
Purpose: Identifies institutional support/resistance levels and breakouts
How It Works:
• Detects historical levels where large orders were placed
• Monitors price behavior around these levels
• Identifies breakouts from established order blocks
Signal Types:
• BULLISH BRK (+2): Breakout above resistance order block
• BEARISH BRK (-2): Breakdown below support order block
• ABOVE SUP (+1): Price holding above support
• BELOW RES (-1): Price rejected at resistance
• NEUTRAL (0): No significant order block interaction
4. Supertrend Analysis
Purpose: Trend following indicator based on Average True Range
Parameters:
• ATR Period: 10 (default)
• ATR Multiplier: 6.0 (default)
Signal Types:
• BULLISH (+2): Price above Supertrend line
• BEARISH (-2): Price below Supertrend line
• NEUTRAL (0): Transition period
5. Trendline/Channel Analysis
Purpose: Identifies trend channels and breakout patterns
Components:
• Dynamic trendline calculation using pivot points
• Channel width based on historical volatility
• Breakout detection algorithm
Signal Types:
• UPPER BRK (+2): Breakout above upper channel
• LOWER BRK (-2): Breakdown below lower channel
• ABOVE MID (+1): Price above channel midline
• BELOW MID (-1): Price below channel midline
6. Volume Analysis
Purpose: Confirms price movements with volume data
Components:
• Volume spikes detection
• On Balance Volume (OBV)
• Volume Price Trend (VPT)
• Money Flow Index (MFI)
• Accumulation/Distribution Line
Signal Calculation: Multiple volume indicators are combined to determine institutional activity and confirm price movements.
________________________________________
Signal Interpretation
Overall Summary Signals
The indicator aggregates all component signals into an overall market sentiment:
Signal Score Range Interpretation Action
STRONG BUY 10+ Overwhelming bullish consensus Consider long positions
BUY 4-9 Moderate to strong bullish bias Look for long opportunities
NEUTRAL -3 to 3 Mixed signals, consolidation Wait for clearer direction
SELL -4 to -9 Moderate to strong bearish bias Look for short opportunities
STRONG SELL -10+ Overwhelming bearish consensus Consider short positions
Progress Bar Interpretation
• Filled bars indicate signal strength
• Green bars: Bullish signals
• Red bars: Bearish signals
• More filled bars = stronger conviction
________________________________________
Live Market Analysis Guide
Step 1: Initial Assessment
1. Check Overall Summary: Start with the main signal
2. Verify with Component Analysis: Ensure signals align
3. Look for Divergences: Identify conflicting signals
Step 2: Timeframe Analysis
1. Set Appropriate Timeframe: Use 1H for intraday, 4H/1D for swing trading
2. Multi-Timeframe Confirmation: Check higher timeframes for trend context
3. Entry Timing: Use lower timeframes for precise entry points
Step 3: Signal Confirmation Process.
For Buy Signals:
1. Oscillators: Look for oversold conditions (RSI <30, Stoch <20)
2. Moving Averages: Price should be above key MAs
3. Order Blocks: Confirm bounce from support levels
4. Volume: Check for accumulation patterns
5. Supertrend: Ensure bullish trend alignment.
For Sell Signals:
1. Oscillators: Look for overbought conditions (RSI >70, Stoch >80)
2. Moving Averages: Price should be below key MAs
3. Order Blocks: Confirm rejection at resistance levels
4. Volume: Check for distribution patterns
5. Supertrend: Ensure bearish trend alignment.
Step 4: Risk Management Integration
1. Signal Strength Assessment: Stronger signals = larger position size
2. Stop Loss Placement: Use Order Block levels for stops
3. Take Profit Targets: Based on channel analysis and resistance levels
4. Position Sizing: Adjust based on signal confidence
________________________________________
Best Practices
Entry Strategies
1. High Conviction Entries: Wait for STRONG BUY/SELL signals
2. Confluence Trading: Look for multiple components aligning
3. Breakout Trading: Use Order Block and Trendline breakouts
4. Trend Following: Align with Supertrend direction.
Risk Management
1. Never Risk More Than 2% Per Trade: Regardless of signal strength
2. Use Stop Losses: Place at invalidation levels
3. Scale Positions: Stronger signals warrant larger (but still controlled) positions
4. Diversification: Don't rely solely on one indicator.
Market Conditions
1. Trending Markets: Focus on Supertrend and MA signals
2. Range-Bound Markets: Emphasize Oscillator and Order Block signals
3. High Volatility: Reduce position sizes, widen stops
4. Low Volume: Be cautious of breakout signals.
Common Mistakes to Avoid
1. Signal Chasing: Don't enter after signals have already moved significantly
2. Ignoring Context: Consider overall market conditions
3. Overtrading: Wait for high-quality setups
4. Poor Risk Management: Always use appropriate position sizing
________________________________________
Limitations and Considerations
Technical Limitations
1. Lagging Nature: All technical indicators are based on historical data
2. False Signals: No indicator is 100% accurate
3. Market Regime Changes: Indicators may perform differently in various market conditions
4. Whipsaws: Possible in choppy, sideways markets.
Optimal Use Cases
1. Trending Markets: Performs best in clear trending environments
2. Medium to High Volatility: Requires sufficient price movement for signals
3. Liquid Markets: Works best with adequate volume and tight spreads
4. Multiple Timeframe Analysis: Most effective when used across different timeframes.
When to Use Caution
1. Major News Events: Fundamental analysis may override technical signals
2. Market Opens/Closes: Higher volatility can create false signals
3. Low Volume Periods: Signals may be less reliable
4. Holiday Trading: Reduced participation affects signal quality
________________________________________
Risk Disclaimer
IMPORTANT LEGAL DISCLAIMER FROM aiTrendview
WARNING: TRADING INVOLVES SUBSTANTIAL RISK OF LOSS
This Quantum Market Analyzer X7 indicator ("the Indicator") is provided for educational and informational purposes only. By using this indicator, you acknowledge and agree to the following terms:
No Investment Advice
• The Indicator does NOT constitute investment advice, financial advice, or trading recommendations
• All signals generated are based on historical price data and mathematical calculations
• Past performance does not guarantee future results
• No representation is made that any account will achieve profits or losses similar to those shown.
Risk Acknowledgment
• TRADING CARRIES SUBSTANTIAL RISK: You may lose some or all of your invested capital
• LEVERAGE AMPLIFIES RISK: Margin trading can result in losses exceeding your initial investment
• MARKET VOLATILITY: Financial markets are inherently unpredictable and volatile
• TECHNICAL ANALYSIS LIMITATIONS: No technical indicator is infallible or guarantees profitable trades.
User Responsibility
• YOU ARE SOLELY RESPONSIBLE for all trading decisions and their consequences
• CONDUCT YOUR OWN RESEARCH: Always perform independent analysis before making trading decisions
• CONSULT PROFESSIONALS: Seek advice from qualified financial advisors
• RISK MANAGEMENT: Implement appropriate risk management strategies
No Warranties
• The Indicator is provided "AS IS" without warranties of any kind
• aiTrendview makes no representations about the accuracy, reliability, or suitability of the Indicator
• Technical glitches, data feed issues, or calculation errors may occur
• The Indicator may not work as expected in all market conditions.
Limitation of Liability
• aiTrendview SHALL NOT BE LIABLE for any direct, indirect, incidental, or consequential damages
• This includes but is not limited to: trading losses, missed opportunities, data inaccuracies, or system failures
• MAXIMUM LIABILITY is limited to the amount paid for the indicator (if any)
Code Usage and Distribution
• This indicator is published on TradingView in accordance with TradingView's house rules
• UNAUTHORIZED MODIFICATION or redistribution of this code is prohibited
• Users may not claim ownership of this intellectual property
• Commercial use requires explicit written permission from aiTrendview.
Compliance and Regulations
• VERIFY LOCAL REGULATIONS: Ensure compliance with your jurisdiction's trading laws
• Some trading strategies may not be suitable for all investors
• Tax implications of trading are your responsibility
• Report trading activities as required by law
Specific Risk Factors
1. False Signals: The Indicator may generate incorrect buy/sell signals
2. Market Gaps: Overnight gaps can invalidate technical analysis
3. Fundamental Events: News and economic data can override technical signals
4. Liquidity Risk: Some markets may have insufficient liquidity
5. Technology Risk: Platform failures or connectivity issues may prevent order execution.
Professional Trading Warning
• THIS IS NOT PROFESSIONAL TRADING SOFTWARE: Not intended for institutional or professional trading
• NO REGULATORY APPROVAL: This indicator has not been approved by any financial regulatory authority
• EDUCATIONAL PURPOSE: Designed primarily for learning technical analysis concepts
FINAL WARNING
NEVER INVEST MONEY YOU CANNOT AFFORD TO LOSE
Trading financial instruments involves significant risk. The majority of retail traders lose money. Before using this indicator in live trading:
1. Practice on paper/demo accounts extensively
2. Start with small position sizes
3. Develop a comprehensive trading plan
4. Implement strict risk management rules
5. Continuously educate yourself about market dynamics
By using the Quantum Market Analyzer X7, you acknowledge that you have read, understood, and agree to this disclaimer. You assume full responsibility for all trading decisions and their outcomes.
Contact: For questions about this disclaimer or the indicator, contact aiTrendview through official TradingView channels only.
________________________________________
This study guide and indicator are published on TradingView in compliance with TradingView's community guidelines and house rules. All users must adhere to TradingView's terms of service when using this indicator.
Document Version: 1.0
Publisher: aiTrendview
________________________________________
Disclaimer
The content provided in this blog post is for educational and training purposes only. It is not intended to be, and should not be construed as, financial, investment, or trading advice. All charting and technical analysis examples are for illustrative purposes. Trading and investing in financial markets involve substantial risk of loss and are not suitable for every individual. Before making any financial decisions, you should consult with a qualified financial professional to assess your personal financial situation.
