Cerca negli script per "zone"
TRADE ZONEThe TRADE ZONE tool helps you look at the moment when the price is trading on a strong support or on strong resistance
Ranging MA Zone with Fractal linesThis plots a zone of the candle crossing the MA marking a no trade zone or sideways movement. Other is Fractal lines, which can also be used as support and resistance.
Any questions feel free to PM or comment.
Time zoneRegular script to allocate the specified time range within a day.
TradingView in time is specified by UTC. I Moscow time (GMT +3) and the time specified in the script Default 1:00 - 13:00 Moscow time equal 09:00 - 21:00 ie -8 Hours from the Moscow time (-7 in summer).
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Обычный скрипт для выделения указанного диапазона времени внутри дня.
Время в TradingView указывается по UTC. У меня московское время (GMT +3) и время указанное в скрипте по умолчания 01:00 - 13:00 по московскому времени равняется 09:00 - 21:00 , т.е. -8 часов от московского времени (-7 в летнее время).
Sentiment Zone OscillatorThe original script was posted on ProRealCode by user Nicolas.
The Sentiment Zone Oscillator (SZO) was authored by Walid Khalil in the Stocks and Commodities Magazine, May 2012. The SZO uses a triple exponential moving average (TEMA) of a plus-minus value, triggered by the current and previous closing prices. Over-bought and over-sold paths and adjustable guides are also given.
This oscillator attempt to measure overall market sentiment and give overbought and oversold levels to play with. Bullish signal may occur when the oscillator is rising from the lower level and bearish one when the white line is quitting the higher level.
Overbought and oversold are dynamic, they take the higher and lower value that the oscillator had in the last "SZOLongPeriod".
ZoneBand (@Mido_yuiya)Bollinger band is converted to EMA , and support and resistance bands are made into regions
16. SMC Strategy with SL - low TimeframeOverview
The "SMC Strategy with SL - low Timeframe" is a comprehensive trading strategy that uses key concepts from Smart Money Theory to identify favorable areas in the market for buying or selling. This strategy takes advantage of price imbalances, support and resistance zones, and swing highs/lows to generate high-probability trade signals.
The key features of this strategy include:
Swing High/Low Analysis: Used to determine the Premium, Equilibrium, and Discount Zones.
Order Block Integration: An added layer of confluence to identify valid buy and sell signals.
Trend Direction Confirmation: Using a Simple Moving Average (SMA) to determine the overall trend.
Entry and Exit Rules: Based on price position relative to key zones and moving average, along with optional stop-loss and take-profit levels.
Detailed Description
Swing High and Swing Low Analysis
The script calculates Swing High and Swing Low based on the most recent price highs and lows over a specified look-back period (swingHighLength and swingLowLength, set to 8 by default).
It then derives the Premium, Equilibrium, and Discount Zones:
Premium Zone: Represents potential resistance, calculated based on recent swing highs.
Discount Zone: Represents potential support, calculated based on recent swing lows.
Equilibrium: The midpoint between Swing High and Swing Low, dividing the price range into Premium (above equilibrium) and Discount (below equilibrium) areas.
Zone Visualization
The strategy plots the Premium Zone (resistance) in red, the Discount Zone (support) in green, and the Equilibrium level in blue on the chart. This helps visually assess the current price relative to these important areas.
Simple Moving Average (SMA)
A 50-period Simple Moving Average (SMA) is added to help identify the trend direction.
Buy signals are valid only if the price is above the SMA, indicating an uptrend.
Sell signals are valid only if the price is below the SMA, indicating a downtrend.
Entry Rules
The script generates buy or sell signals when certain conditions are met:
A buy signal is triggered when:
Price is below the Equilibrium and within the Discount Zone.
Price is above the SMA.
The buy signal is further confirmed by the presence of an Order Block (recent lowest price area).
A sell signal is triggered when:
Price is above the Equilibrium and within the Premium Zone.
Price is below the SMA.
The sell signal is further confirmed by the presence of an Order Block (recent highest price area).
Order Block
The strategy defines Order Blocks as recent highs and lows within a look-back period (orderBlockLength set to 20 by default).
These blocks represent areas where large players (smart money) have historically been active, increasing the probability of the price reacting in these areas again.
Trade Management and Trade Direction
The user can set Trade Direction to either "Long Only," "Short Only," or "Both." This allows the strategy to adapt based on market conditions or trading preferences.
Based on the Trade Direction, the strategy either:
Closes open trades that are against new signals.
Allows only specific directional trades (either long or short).
Stop-loss levels are defined based on a fixed percentage (stop_loss_percent), which helps to manage risk and minimize losses.
Exit Rules
The strategy uses stop-loss levels for risk management.
A stop-loss price is set at a fixed percentage below the entry price for long positions or above the entry price for short positions.
When the price hits the defined stop-loss level, the trade is closed.
Liquidity Zones
The script identifies recent Swing Highs and Lows as potential liquidity zones. These are levels where price could react strongly, as they represent areas of interest for large traders.
The liquidity zones are plotted as crosses on the chart, marking areas where price may encounter significant buying or selling pressure.
Visual Feedback
The script uses visual markers (green for buy signals and red for sell signals) to indicate potential entries on the chart.
It also plots liquidity zones to help traders identify areas where stop hunts and liquidity grabs might occur.
Monthly Performance Dashboard
The script includes a performance tracking feature that displays monthly profit and loss metrics on the chart.
This dashboard allows the trader to see a visual representation of trading performance over time, providing insights into profitability and consistency.
The table shows profit or loss for each month and year, allowing the user to track the overall success of the strategy.
Key Benefits
Smart Money Concepts (SMC): This strategy incorporates SMC principles like order blocks and liquidity zones, which are used by institutional traders to determine potential market moves.
Zone Analysis: The use of Premium, Discount, and Equilibrium zones provides a solid framework for determining where to enter and exit trades based on price discounts or premiums.
Confluence: Signals are not taken in isolation. They are confirmed by factors like trend direction (SMA) and order blocks, providing greater trade accuracy.
Risk Management: By integrating stop-loss functionality, traders can manage their risks effectively.
Visual Performance Metrics: The monthly and yearly performance dashboard gives valuable feedback on how well the strategy has performed historically.
Practical Use
Buy in Discount Zone: Traders would be looking to buy when the price is discounted relative to its recent range and is above the SMA, indicating an overall uptrend.
Sell in Premium Zone: Conversely, traders would be looking to sell when the price is at a premium relative to its recent range and below the SMA, indicating an overall downtrend.
Order Block Confirmation: Ensures that buying or selling is supported by historical price behavior at significant levels, providing confidence that the market is likely to react at these areas.
This strategy is designed to help traders take advantage of price inefficiencies and areas where institutional traders are likely to be active, increasing the odds of successful trades. By leveraging Smart Money concepts and strong technical confluence, it aims to provide high-probability trade setups.
Support and Resistance HeatmapThe "Support and Resistance Heatmap" indicator is designed to identify key support and resistance levels in the price action by using pivots and ATR (Average True Range) to define the sensitivity of zone detection. The zones are plotted as horizontal lines on the chart, representing areas where the price has shown significant interaction. The indicator features a customizable heatmap to visualize the intensity of these zones, making it a powerful tool for technical analysis.
Features:
Dynamic Support and Resistance Zones:
Identifies potential support and resistance areas based on price pivots.
Zones are defined by ATR-based thresholds, making them adaptive to market volatility.
Customization Options:
Heatmap Visualization: Toggle the heatmap on/off to view the strength of each zone.
Sensitivity Control: Modify the zone sensitivity with the ATR Multiplier to increase or decrease zone detection precision.
Confirmations: Set how many touches a level needs before it is confirmed as a zone.
Extended Zone Visualization:
Option to extend the zones for better long-term visibility.
Ability to limit the number of zones displayed to avoid clutter on the chart.
Color-Coded Zones:
Color-coded zones help differentiate between bullish (support) and bearish (resistance) levels, providing visual clarity for traders.
Heatmap Integration:
Gradient-based color changes on levels show the intensity of touches, helping traders understand which zones are more reliable.
Inputs and Settings:
1. Settings Group:
Length:
Determines the number of bars used for the pivot lookback. This directly affects how frequently new zones are formed.
Sensitivity:
Controls the sensitivity of the zone calculation using ATR (Average True Range). A higher value will result in fewer, larger zones, while a lower value increases the number of detected zones.
Confirmations:
Sets the number of price touches needed before a level is confirmed as a support/resistance zone. Lower values will result in more zones.
2. Visual Group:
Extend Zones:
Option to extend the support and resistance lines across the chart for better visibility over time.
Max Zones to Display (maxZonesToShow):
Limits the maximum number of zones shown on the chart to avoid clutter.
3. Heatmap Group:
Show Heatmap:
Toggle the heatmap display on/off. When enabled, the script visualizes the strength of the zones using color intensity.
Core Logic:
Pivot Calculation:
The script identifies support and resistance zones by using the pivotHigh and pivotLow functions. These pivots are calculated using a lookback period, which defines the number of candles to the left and right of the pivot point.
ATR-Based Threshold:
ATR (Average True Range) is used to create dynamic zones based on volatility. The ATR acts as a buffer around the identified pivot points, creating zones that are more flexible and adaptable to market conditions.
Merging Zones:
If two zones are close to each other (within a certain threshold), they are merged into a single zone. This reduces overlapping zones and gives a cleaner visual representation of significant price levels.
Confirmation Mechanism:
Each time the price touches a zone, the confirmation counter for that zone increases. The more confirmations a zone has, the more reliable it is. Zones are only displayed if they meet the required number of confirmations as specified by the user.
Color Gradient:
Zones are color-coded based on the number of confirmations. A gradient is used to visually represent the strength of each zone, with stronger zones being more vividly colored.
Heatmap Visualization:
When the heatmap is enabled, the color intensity of the zones is adjusted based on the proximity of the price to the zone and the number of touches the zone has received. This helps traders quickly identify which zones are more critical.
How to Use:
Identifying Support and Resistance Zones:
After adding the indicator to your chart, you will see horizontal lines representing key support (bullish) and resistance (bearish) levels. These zones are dynamically updated based on price action and pivots.
Adjusting Zone Sensitivity:
Use the "ATR Multiplier" to fine-tune how sensitive the indicator is to price fluctuations. A higher multiplier will reduce the number of zones, focusing on more significant levels.
Using Confirmations:
The more times a price interacts with a zone, the stronger that zone becomes. Use the "Confirmations" input to filter out weaker zones. This ensures that only zones with enough interaction (touches) are plotted.
Activating the Heatmap:
Enabling the heatmap will provide a color-coded visual representation of the strength of the zones. Zones with more price interactions will appear more vividly, helping you focus on the most significant areas.
Best Practices:
Combine with Other Indicators:
This support and resistance indicator works well when combined with other technical analysis tools, such as oscillators (e.g., RSI, MACD) or moving averages, for better trade confirmations.
Adjust Sensitivity Based on Market Conditions:
In volatile markets, you may want to increase the ATR multiplier to focus on more significant support and resistance zones. In calmer markets, decreasing the multiplier can help you spot smaller, but relevant, levels.
Use in Different Time Frames:
This indicator can be used effectively across different time frames, from intraday charts (e.g., 1-minute or 5-minute charts) to longer-term analysis on daily or weekly charts.
Look for Confluences:
Zones that overlap with other indicators, such as Fibonacci retracements or key moving averages, tend to be more reliable. Use the zones in conjunction with other forms of analysis to increase your confidence in trade setups.
Limitations and Considerations:
False Breakouts:
In highly volatile markets, there may be false breakouts where the price briefly moves through a zone without a sustained trend. Consider combining this indicator with momentum-based tools to avoid false signals.
Sensitivity to ATR Settings:
The ATR multiplier is a key component of this indicator. Adjusting it too high or too low may result in too few or too many zones, respectively. It is important to fine-tune this setting based on your specific trading style and market conditions.
Volume Cluster Support & ResistanceVolume Cluster Support & Resistance
This indicator identifies potential Support and Resistance (S/R) levels on the chart using Volume-Based Point of Control (POC) Clustering. It offers extensive customization for calculation parameters, display styles, and visualization options, including S/R zones, color gradients, and historical reaction markers.
How It Works
Volume Based S/R:
Scans the specified Clustering Lookback period for "High Volume Bars", defined as bars where volume exceeds the average volume (over Volume Lookback Period) multiplied by the High Volume Threshold Multiplier.
Calculates the Point of Control (POC) for each high-volume bar using hl2.
Clusters these high-volume bar POCs: POCs within a proximity defined by Cluster Proximity (ATR) (Average True Range multiplier) are grouped together.
Filters these clusters, requiring a Min Bars in Cluster to form a valid S/R zone.
(Image showing the indicator being used on the Bitcoin 5min chart)
The center price of valid clusters determines the S/R level. Clusters above the current price become potential Resistance, and those below become potential Support.
Calculates the offset based on the most recent bar included in the cluster.
Level Selection & Display:
The indicator identifies multiple potential S/R levels.
It then selects and displays the top Number of S/R Levels to Display support levels below the current price and resistance levels above the current price.
(Image showing the indicator on the GBP/USD 5min chart)
ATR Usage:
The Average True Range (ta.atr(14)) is used in two key areas:
Determining the proximity threshold for grouping POCs in the 'Volume Based' clustering (clusterProximityAtr).
Calculating the width of the S/R zones when 'Use Zone Visualization' is enabled (zoneAtrMultiplier).
Key Features & Components
Dual Calculation Methods: Choose between Pivot-based S/R or Volume-based POC clustering.
Volume Confirmation: Pivots require volume confirmation; Volume method directly analyzes high-volume bars.
POC Clustering: Groups high-volume areas to identify significant price zones.
Configurable Lookbacks: Adjust periods for volume averaging, pivot detection, and clustering analysis.
Dynamic S/R Display: Shows a configurable number of the most relevant S/R levels relative to the current price.
Optional Zone Visualization: Display levels as filled zones with configurable width (ATR-based), fill transparency, and border transparency. Includes a dashed center line.
Optional Historical Reactions: Mark past price interactions (lows bouncing off support zones, highs rejecting from resistance zones) directly on the chart (Warning: Can significantly impact performance).
Customizable Styling: Control line style (Solid, Dashed, Dotted), width, color (separate for Support & Resistance), and horizontal extension (None, Left, Right, Both).
Price Labels: Toggle visibility of price labels next to each S/R level/zone.
Visual Elements Explained
S/R Lines/Zones: Plotted lines or filled zones representing calculated support and resistance levels. Color-coded for Support (default green) and Resistance (default magenta).
Line/Zone Borders: Appearance controlled by Style settings (Style, Width, Extension). Can have a gradient color effect based on age if enabled.
Zone Fills: Semi-transparent fills for zones (if enabled), with configurable transparency. Fill color matches the border color (including gradient effect if enabled).
Zone Center Line: A thin, dashed line indicating the exact calculated S/R price within a zone.
Price Labels: Text labels showing the exact price of the S/R level.
Historical Reactions: Small dot markers appearing on historical bars where price potentially reacted to a displayed zone (only if Show Historical Reactions is enabled).
Configuration Options
Users can adjust the following parameters in the indicator settings:
Calculation Method: Select "Pivot Based" or "Volume Based".
Volume Zone Settings (Volume Based): Threshold multiplier, clustering lookback, cluster proximity (ATR), minimum bars per cluster.
Display Options: Toggle S/R visibility, price tags, set the number of levels to show.
Volume Settings: Volume lookback period, volume multiplier (for Pivot confirmation).
Style Settings: Line style, width, extension, support/resistance text and line colors, enable gradient coloring, set gradient start/end colors.
Zone Visualization: Enable/disable zones, set zone width (ATR multiplier), fill and border transparency, enable/disable historical reaction markers (performance warning).
Interpretation Notes
This indicator identifies potential areas of support and resistance based on historical price action and volume analysis. These levels are not guaranteed reversal points.
The 'Volume Based' method focuses on areas where significant trading activity occurred, while the 'Pivot Based' method focuses on price turning points confirmed by volume.
Use the displayed levels in conjunction with other technical analysis tools, price action patterns, and risk management strategies.
Be mindful of the performance impact when enabling Show Historical Reactions, especially on longer timeframes or with large lookback periods. The default setting is false for optimal performance.
The max_bars_back setting is optimized for performance; increasing it significantly may slow down chart loading.
Risk Disclaimer
Trading involves significant risk. This indicator is provided for analytical and educational purposes only and does not constitute financial advice or a trading recommendation. Past performance is not indicative of future results. Always use sound risk management practices and never trade with capital you cannot afford to lose.
Volume Range Profile with Fair Value (Zeiierman)█ Overview
The Volume Range Profile with Fair Value (Zeiierman) is a precision-built volume-mapping tool designed to help traders visualize where institutional-level activity is occurring within the price range — and how that volume behavior shifts over time.
Unlike traditional volume profiles that rely on fixed session boundaries or static anchors, this tool dynamically calculates and displays volume zones across both the upper and lower ends of a price range, revealing point-of-control (POC) levels, directional volume flow, and a fair value drift line that updates live with each candle.
You’re not just looking at volume anymore. You’re dissecting who’s in control — and at what price.
⚪ In simple terms:
Upper Zone = The upper portion of the price range, showing concentrated volume activity — typically where selling or distribution may occur
Lower Zone = The lower portion of the price range, highlighting areas of high volume — often associated with buying or accumulation
POC Bin = The bin (price level) with the highest traded volume in the zone — considered the most accepted price by the market
Fair Value Trend = A dynamic trend line tracking the average POC price over time — visualizing the evolving fair value
Zone Labels = Display real-time breakdown of buy/sell volume within each zone and inside the POC — revealing who’s in control
█ How It Works
⚪ Volume Zones
Upper Zone: Anchored at the highest high in the lookback period
Lower Zone: Anchored at the lowest low in the lookback period
Width is user-defined via % of range
Each zone is divided into a series of volume bins
⚪ Volume Bins (Histograms)
Each zone is split into N bins that show how much volume occurred at each level:
Taller = More volume
The POC bin (Point of Control) is highlighted
Labels show % of volume in the POC relative to the whole zone
⚪ Buy vs Sell Breakdown
Each volume bin is split by:
Buy Volume = Close ≥ Open
Sell Volume = Close < Open
The script accumulates these and displays total Buy/Sell volume per zone.
⚪ Fair Value Drift Line
A POC trend is plotted over time:
Represents where volume was most active across each range
Color changes dynamically — green for rising, red for falling
Serves as a real-time fair value anchor across changing market structure
█ How to Use
⚪ Identify Key Control Zones
Use Upper/Lower Zone structures to understand where supply and demand is building.
Zones automatically adapt to recent highs/lows and re-center volume accordingly.
⚪ Follow Institutional Activity
Watch for POC clustering near price tops or bottoms.
Large volumes near extremes may indicate accumulation or distribution.
⚪ Spot Fair Value Drift
The fair value trend line (average POC price) gives insight into market equilibrium.
One strategy can be to trade a re-test of the fair value trend, trades are taken in the direction of the current trend.
█ Understanding Buy & Sell Volume Labels (Zone Totals)
These labels show the total buy and sell volume accumulated within each zone over the selected lookback period:
Buy Vol (green label) → Total volume where candles closed bullish
Sell Vol (red label) → Total volume where candles closed bearish
Together, they tell you which side dominated:
Higher Buy Vol → Bullish accumulation zone
Higher Sell Vol → Bearish distribution zone
This gives a quick visual insight into who controlled the zone, helping you spot areas of demand or supply imbalance.
█ Understanding POC Volume Labels
The POC (Point of Control) represents the price level where the most volume occurred within the zone. These labels break down that volume into:
Buy % – How much of the volume was buying (price closed up)
Sell % – How much was selling (price closed down)
Total % – How much of the entire zone’s volume happened at the POC
Use it to spot strong demand or supply zones:
High Buy % + High Total % → Strong buying interest = likely support
High Sell % + High Total % → Strong selling pressure = likely resistance
It gives a deeper look into who was in control at the most important price level.
█ Why It’s Useful
Track where fair value is truly forming
Detect aggressive volume accumulation or dumping
Visually split buyer/seller control at the most relevant price levels
Adapt volume structures to current trend direction
█ Settings Explained
Lookback Period: Number of bars to scan for highs/lows. Higher = smoother zones, Lower = reactive.
Zone Width (% of Range): Controls how much of the range is used to define each zone. Higher = broader zones.
Bins per Zone: Number of volume slices per zone. Higher = more detail, but heavier on resources.
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Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Flux Charts - S&D Screener💎 GENERAL OVERVIEW
Introducing Supply & Demand Zones (S&D) Screener! This screener can spot trading opportunities for Supply & Demand traders across 8 different tickers and timeframes simultaneously! This screener offers a wide range of configurable settings, explained within this write-up.
S&D Screener Features:
Supply & Demand Zones : This tool can detect Supply & Demand zones using one of the two detection methods.
Highly Configurable : Offers multiple parameters for fine-tuning detection settings.
Up to 8 Tickers : Allows traders to analyze multiple tickers & timeframes simultaneously for enhanced accuracy.
🚩 UNIQUENESS
The S&D Screener is the first ever tool on TradingView that allows traders to screen 8 different tickers on different timeframes for Supply & Demand Zones. Key factors that make it unique include:
✅ Comprehensive Dashboard – This screener provides a complete and customizable dashboard designed to enhance traders' decision-making by consolidating crucial Supply & Demand insights into one user-friendly interface.
✅ Multi-Ticker & Multi-Timeframe Analysis – With support for up to 8 tickers and timeframes, traders can effortlessly analyze the bigger market picture, identifying trends and opportunities across different assets and timeframes.
By combining multiple analytical elements in a single view, this screener empowers traders with the insights needed to navigate the market more effectively.
📌 HOW DOES IT WORK ?
The S&D Screener helps traders identify Supply & Demand Zones on multiple tickers & timeframes. It offers customizable settings to adapt to different trading styles. The screener includes two zone detection methods. The Momentum Method identifies zones based on strong bullish or bearish price movements, making it ideal for traders who seek quick market reactions. The Regression Method uses statistical regression to detect zones by analyzing price deviations from the trend, which is more suitable for long-term traders. You can customize your zone preferences and enable up to 8 tickers and their respective timeframes. You'll be able to see the status of the latest detected zones on that ticker/timeframe. You can also see the distance from current price of the ticker to the zone and how many times price has retested that zone.
Supply Zone
In trading, a supply zone is a specific area on a price chart where selling interest surpasses buying interest, leading to a potential decline in asset prices. This zone typically forms after a price rally, indicating that sellers find the asset overvalued and are prepared to sell, creating downward pressure. Identifying supply zones can help traders anticipate potential price reversals or pullbacks.
Trading Possibilities with Supply Zones
Entering Short Positions -> When the price approaches a recognized supply zone, traders may consider initiating short positions, anticipating that increased selling pressure will drive prices down.
Setting Profit Targets -> For traders holding long positions, supply zones can serve as strategic points to set profit targets, as these areas may signal potential resistance and a subsequent price drop.
Demand Zone
In trading, a demand zone is a specific area on a price chart where buying interest is strong enough to halt a downtrend and potentially reverse it upward. This zone indicates a price level where demand exceeds supply, leading to a rise in price. Identifying these zones can provide traders with strategic entry points for potential long positions.
Trading Possibilities with Demand Zones
Entering Long Positions -> When the price approaches a recognized demand zone, traders may consider initiating long positions, anticipating that increased buying pressure will drive prices up.
Setting Profit Targets -> For traders holding short positions, demand zones can serve as strategic points to set profit targets, as these areas may signal potential resistance and a subsequent price increase.
Momentum Detection Method
The Momentum Detection Method identifies supply and demand zones by analyzing the strength and direction of price movements over a specified period. It looks for a sequence of strong bullish or bearish candles to determine potential zones. The method is sensitive to the ‘Sensitivity’ setting, which adjusts the threshold for what constitutes a "strong" candle.
Using the momentum method is ideal for traders looking to capitalize on immediate price reactions and momentum shifts.
Regression Detection Method
The Regression Method uses statistical regression to identify supply and demand zones by analyzing price consolidation patterns. It fits a regression line to price data and identifies zones where price deviates significantly from the trend. This method is more mathematical and less reliant on individual candle patterns. It focuses on the overall price structure and identifies zones based on statistical deviations from the trend.
This method is particularly useful for traders who focus on longer-term price trends and prefer a more statistical approach to pinpoint zones.
Using the momentum method is ideal for traders looking to capitalize on immediate price reactions and momentum shifts.
Status ->
Far -> This status indicates that the current price is significantly distant from any identified supply or demand zones. In this scenario, traders might exercise patience, waiting for the price to approach these zones before considering entry or exit points.
Approaching ⬆️ -> The price is rising towards a supply zone, suggesting potential selling opportunities as the price nears an area where selling pressure previously dominated.
Approaching ⬇️ -> The price is falling towards a demand zone, indicating potential buying opportunities as the price approaches an area known for strong buying interest.
Inside -> The current price is within the boundaries of a supply or demand zone. This status often signals a critical decision point:
Inside a Supply Zone: The area where selling pressure may increase, potentially leading to a price decline. Traders might look for confirmation before initiating short positions.
Inside a Demand Zone: The area where buying interest could surge, possibly resulting in a price increase. Traders might seek validation before entering long positions.
Being "inside" a zone suggests heightened market activity and potential volatility, warranting close monitoring for trading signals.
Retests -> A retest occurs when the price revisits a supply or demand zone but fails to break through it. Specifically, during a retest, the wick of a candlestick enters the zone, but the candle closes below the supply zone or above the demand zone. This price action suggests that the zone remains a strong area of resistance or support, as the market couldn't sustain movement beyond it. Traders often view such retests as confirmations to enter positions in the direction opposite to the zone's boundary. For instance, if the price retests a supply zone and fails to close above it, it may signal a selling opportunity. Conversely, a failed retest of a demand zone could indicate a buying opportunity. Monitoring the number of retests can provide insights into the strength of these zones; multiple retests without a breakout may reinforce the zone's significance. Here you can see how many times the price retested the supply or demand zone.
⚠ Timeframe Restriction : The selected timeframes for analysis cannot be lower than the chart’s current timeframe to ensure proper data alignment.
⏰ ALERTS
This screener supports alerts, so you never miss a key market move. You can choose to receive alerts when a new demand or supply zone is created, helping you spot potential trading opportunities. Additionally, you can enable alerts for retests, which notify you when the price returns to test a previously identified zone. The alerts will work for each enabled ticker in the settings.
⚙️ SETTINGS
1. General Configuration
Detection Method : There are two detection methods you can choose from for identifying Supply & Demand Zones. Both methods aim to identify key areas where price is likely to react, but they do so using different approaches. Traders can choose the method that aligns with their trading style and time horizon.
Sensitivity : The Sensitivity setting allows traders to adjust how aggressively the script identifies supply and demand zones when using the Momentum Detection Method. This setting directly impacts the threshold for detecting zones when using the momentum detection method.
High Sensitivity -> Detects smaller price movements, resulting in more zones being identified. This is ideal for traders who want to capture even minor supply and demand imbalances and prefer a higher frequency of potential trading opportunities.
Medium Sensitivity -> Balances between detecting significant price movements and avoiding excessive noise. This setting is suitable for most traders who want a moderate number of zones without being overwhelmed.
Low Sensitivity -> Focuses on larger, more significant price movements, resulting in fewer zones being identified. This is ideal for traders who prioritize quality over quantity and prefer to focus on the most impactful supply and demand areas.
Lowest Sensitivity -> Detects only the strongest and most pronounced price movements, identifying the most significant zones. This setting is best for traders who want to focus on high-probability, high-impact zones and avoid minor fluctuations.
Zone Invalidation : The Zone Invalidation setting determines how supply and demand zones are invalidated.
Wick -> A zone is invalidated if a candle’s wick goes below a demand zone or above a supply zone.
Close -> A zone is invalidated if a candle closes below a demand zone or above a supply zone.
Zone Visibility Range : The Zone Visibility Range setting controls how far from the current price supply and demand zones are displayed on the chart. It helps traders focus on relevant zones while avoiding clutter from distant or less impactful areas.
Minimum Zone Width : The Minimum Zone Width setting defines the smallest size a supply or demand zone must have to be displayed on the chart. It uses the Average True Range (ATR) as a reference to ensure zones are proportionate to current market volatility.
Minimum Zone Length : The Minimum Zone Length setting determines the minimum number of bars a supply or demand zone must span to be displayed on the chart. This setting helps filter out short-lived or insignificant zones, ensuring only meaningful areas of supply or demand are highlighted.
2. Tickers
You can set, then enable or disable up to 8 tickers in this section to get informed about their latest supply or demand zone.
Heiken Ashi Algo Premium KillZoneTraders face daily challenges in navigating the fast-paced market, from waiting for higher timeframe data to delayed confirmation signals. This innovative system changes everything, offering tools that have never before been available in the trading community. With groundbreaking features like
KillZones
High Timeframe RSI (HTF RSI) and
True Midline
this system is seeks to solve major problems that hurt traders every day.
KillZones give traders an edge by pinpointing critical price levels where momentum and liquidity shift.
The Custom High Timeframe RSI brings real-time higher timeframe trend confirmation directly to your chart, eliminating the need to wait for candles to close. A totally new way to calculate HTF RSI without waiting for higher time candles to close.
The True Midline adjusts dynamically, showing exactly when the market is in equilibrium or transitioning between bullish and bearish momentum.
Custom Heiken-Ashi Oscillator Candles:
It uses customized Heiken Ashi candle calculations that allow it present trends more accurately while the candles are limited to an oscillator as opposed to price values. Candle up or candle down doesnt always mean long or short. Ive included a setting called "Secret Sauce Colors" to alter the colors of the Heiken Ashi candles so they will be colored to the actual trend taking place instead of just bullish or bearish closing.
The Liquidity Ribbon:
This indicator contains a built in customized version of a Stochastic Oscillator called "The Liquidity Ribbon" which shows you when liquidity of either side is entering and existing the market. It uses calculations of market and volume pressure to give you a visual representation of who is trying to alter asset pricing. This is NOT the stochastic RSI but I've given you guys an visual approach of something that looks similar.
The ribbon has bullish and bearish sides that flip over eachother. As one grows, the other shrinks so yo u can see in real time the flow of money from either side and whos winning.
Bullish and Bearish Premium and Discount Zones
What Are They?
Bullish and Bearish Premium and Discount Zones are visualized on the indicator as distinct colored sections within the oscillator, providing a quick snapshot of market conditions:
Bearish Premium Zone: Indicates areas of overextension in bearish momentum, often associated with ranging markets.
Bearish Discount Zone: Highlights opportunities where bearish trends are gaining strength and momentum is trending.
Bullish Discount Zone: Marks areas in bullish conditions where the market is consolidating or ranging.
Bullish Premium Zone: Identifies zones where bullish momentum is strong and trends are more pronounced.
How to Use Them?
For long trades, consider the following:
Scalping Opportunities: When the market is trending higher and Heiken-Ashi candles are closing above the high-timeframe RSI, short-term long scalps can be executed in the Discount Bullish Zone, where consolidation occurs.
Trending Trades: Larger, more sustained long trades can be taken when price moves into the Premium Bullish Zone, signaling stronger upward momentum.
Breakout Trading: When price crosses into a trending zone and simultaneously breaks through previous price resistance or support, this confluence solidifies entries for breakout trades across previous highs or lows, providing a higher probability for successful trades.
This structured use of Premium and Discount Zones gives traders a clear edge, offering insights into both market range and trend strength.
True Midline
What Is It?
The True Midline represents the dynamic equilibrium between buyers and sellers, adapting to real-time market activity. Unlike fixed midlines in traditional oscillators, it adjusts based on where buyers and sellers enter and exit the market.
How Does It Work?
The midline accounts for four key activities: buyer entry, buyer exit, seller entry, and seller exit. This holistic approach highlights shifts in momentum and periods of reduced activity, such as when both buyers and sellers exit simultaneously, creating larger ranging zones.
How to Use It?
Consolidation Zones: Narrow midline ranges signal market indecision, often preceding breakouts.
Momentum Shifts: Crossing above or below the midline indicates transitions into bullish or bearish conditions.
Ranging Markets: Identifies reduced interest during simultaneous buyer and seller exits, helping avoid false signals.
The True Midline offers a clearer picture of market balance, helping traders navigate trends and consolidations with confidence.
Dynamic Trending Zones:
What Are They?
Dynamic Trending Zones represent areas of high volatility and breakout potential, reflecting shifts in market momentum and participation. These zones are self-adjusting and directly influence the midline's position.
There are two zones:
Bullish Trending Zone: Signals increased buyer momentum.
Bearish Trending Zone: Signals increased seller momentum.
How Are They Calculated?
The zones are derived using a combination of volume pressure and momentum changes, but these changes need to be sufficient to have moved price over time:
The indicator tracks sudden shifts in momentum relative to volume changes to identify critical thresholds for breakouts.
A "need-to-cross" point is established in each zone, acting as a breakout trigger.
If opposing or additional volume and momentum are insufficient, the zone remains unchanged until market conditions shift.
This ensures the zones dynamically adapt to real-time market activity while maintaining accuracy during periods of indecision or consolidation.
How to Use Them?
Bullish Breakouts: Crossing into the bullish zone and breaking a previous resistance signals strong buyer momentum. Check for contraction in the bearish zone to confirm dominance.
Bearish Breakouts: Similarly, crossing into the bearish zone while breaking a support level confirms seller strength.
Momentum Confirmation: Ensure current momentum is leading the high-timeframe RSI for more reliable trade setups.
Zone Analysis : Expansion of a zone signals increased participation (e.g., more buyers or sellers entering), while contraction indicates reduced activity or that buyers and or sellers are closing their positions.
These zones provide actionable insights into breakout potential and market momentum, helping traders make informed decisions in volatile conditions.
High Timeframe RSI (HTF RSI)
What Is It?
The High Timeframe RSI gives you real-time higher timeframe RSI values directly on your lower timeframe chart. This means you don’t have to wait for the higher timeframe candle to close before seeing the RSI updates—it’s always live.
Why Is It Needed?
Normally, to see the RSI on a higher timeframe, you have to wait for that timeframe to close. This can be slow and lead to missed opportunities. The HTF RSI solves this by showing you the higher timeframe RSI values as soon as each lower timeframe candle closes, giving you faster insights and no delays.
How It works?
Rather than just using the standard RSI, the HTF RSI compares the momentum on your current timeframe with what it would be on the higher timeframe. It takes into account how many candles on your current chart fit into each higher timeframe candle. This makes sure that the higher timeframe RSI is accurate and reflects the real momentum, even when switching between timeframes.
How to Use It?
Trend Confirmation:
When the HTF RSI is above the midline, it shows a bullish trend on the higher timeframe, and if your current momentum is also bullish, it strengthens your trade setup.
When the HTF RSI is below the midline, it shows a bearish trend, and if your current momentum is bearish, it supports short trade setups.
If bearish momentum is above the HTF RSI, it suggests a local downtrend within a larger bullish trend.
Major Benefits
Custom Timeframes: You can use any higher timeframe you choose, not just the typical ones.
Real-Time Updates: Get higher timeframe RSI values with each candle, without delays.
Better Trading Insights: Align your trades with both lower and higher timeframe trends to make more informed decisions.
With HTF RSI, you get a clear view of higher timeframe trends in real time, so you can act faster and smarter on your trades.
Price Action Analyst [OmegaTools]Price Action Analyst (PAA) is an advanced trading tool designed to assist traders in identifying key price action structures such as order blocks, market structure shifts, liquidity grabs, and imbalances. With its fully customizable settings, the script offers both novice and experienced traders insights into potential market movements by visually highlighting premium/discount zones, breakout signals, and significant price levels.
This script utilizes complex logic to determine significant price action patterns and provides dynamic tools to spot strong market trends, liquidity pools, and imbalances across different timeframes. It also integrates an internal backtesting function to evaluate win rates based on price interactions with supply and demand zones.
The script combines multiple analysis techniques, including market structure shifts, order block detection, fair value gaps (FVG), and ICT bias detection, to provide a comprehensive and holistic market view.
Key Features:
Order Block Detection: Automatically detects order blocks based on price action and strength analysis, highlighting potential support/resistance zones.
Market Structure Analysis: Tracks internal and external market structure changes with gradient color-coded visuals.
Liquidity Grabs & Breakouts: Detects potential liquidity grab and breakout areas with volume confirmation.
Fair Value Gaps (FVG): Identifies bullish and bearish FVGs based on historical price action and threshold calculations.
ICT Bias: Integrates ICT bias analysis, dynamically adjusting based on higher-timeframe analysis.
Supply and Demand Zones: Highlights supply and demand zones using customizable colors and thresholds, adjusting dynamically based on market conditions.
Trend Lines: Automatically draws trend lines based on significant price pivots, extending them dynamically over time.
Backtesting: Internal backtesting engine to calculate the win rate of signals generated within supply and demand zones.
Percentile-Based Pricing: Plots key percentile price levels to visualize premium, fair, and discount pricing zones.
High Customizability: Offers extensive user input options for adjusting zone detection, color schemes, and structure analysis.
User Guide:
Order Blocks: Order blocks are significant support or resistance zones where strong buyers or sellers previously entered the market. These zones are detected based on pivot points and engulfing price action. The strength of each block is determined by momentum, volume, and liquidity confirmations.
Demand Zones: Displayed in shades of blue based on their strength. The darker the color, the stronger the zone.
Supply Zones: Displayed in shades of red based on their strength. These zones highlight potential resistance areas.
The zones will dynamically extend as long as they remain valid. Users can set a maximum number of order blocks to be displayed.
Market Structure: Market structure is classified into internal and external shifts. A bullish or bearish market structure break (MSB) occurs when the price moves past a previous high or low. This script tracks these breaks and plots them using a gradient color scheme:
Internal Structure: Short-term market structure, highlighting smaller movements.
External Structure: Long-term market shifts, typically more significant.
Users can choose how they want the structure to be visualized through the "Market Structure" setting, choosing from different visual methods.
Liquidity Grabs: The script identifies liquidity grabs (false breakouts designed to trap traders) by monitoring price action around highs and lows of previous bars. These are represented by diamond shapes:
Liquidity Buy: Displayed below bars when a liquidity grab occurs near a low.
Liquidity Sell: Displayed above bars when a liquidity grab occurs near a high.
Breakouts: Breakouts are detected based on strong price momentum beyond key levels:
Breakout Buy: Triggered when the price closes above the highest point of the past 20 bars with confirmation from volume and range expansion.
Breakout Sell: Triggered when the price closes below the lowest point of the past 20 bars, again with volume and range confirmation.
Fair Value Gaps (FVG): Fair value gaps (FVGs) are periods where the price moves too quickly, leaving an unbalanced market condition. The script identifies these gaps:
Bullish FVG: When there is a gap between the low of two previous bars and the high of a recent bar.
Bearish FVG: When a gap occurs between the high of two previous bars and the low of the recent bar.
FVGs are color-coded and can be filtered by their size to focus on more significant gaps.
ICT Bias: The script integrates the ICT methodology by offering an auto-calculated higher-timeframe bias:
Long Bias: Suggests the market is in an uptrend based on higher timeframe analysis.
Short Bias: Indicates a downtrend.
Neutral Bias: Suggests no clear directional bias.
Trend Lines: Automatic trend lines are drawn based on significant pivot highs and lows. These lines will dynamically adjust based on price movement. Users can control the number of trend lines displayed and extend them over time to track developing trends.
Percentile Pricing: The script also plots the 25th percentile (discount zone), 75th percentile (premium zone), and a fair value price. This helps identify whether the current price is overbought (premium) or oversold (discount).
Customization:
Zone Strength Filter: Users can set a minimum strength threshold for order blocks to be displayed.
Color Customization: Users can choose colors for demand and supply zones, market structure, breakouts, and FVGs.
Dynamic Zone Management: The script allows zones to be deleted after a certain number of bars or dynamically adjusts zones based on recent price action.
Max Zone Count: Limits the number of supply and demand zones shown on the chart to maintain clarity.
Backtesting & Win Rate: The script includes a backtesting engine to calculate the percentage of respect on the interaction between price and demand/supply zones. Results are displayed in a table at the bottom of the chart, showing the percentage rating for both long and short zones. Please note that this is not a win rate of a simulated strategy, it simply is a measure to understand if the current assets tends to respect more supply or demand zones.
How to Use:
Load the script onto your chart. The default settings are optimized for identifying key price action zones and structure on intraday charts of liquid assets.
Customize the settings according to your strategy. For example, adjust the "Max Orderblocks" and "Strength Filter" to focus on more significant price action areas.
Monitor the liquidity grabs, breakouts, and FVGs for potential trade opportunities.
Use the bias and market structure analysis to align your trades with the prevailing market trend.
Refer to the backtesting win rates to evaluate the effectiveness of the zones in your trading.
Terms & Conditions:
By using this script, you agree to the following terms:
Educational Purposes Only: This script is provided for informational and educational purposes and does not constitute financial advice. Use at your own risk.
No Warranty: The script is provided "as-is" without any guarantees or warranties regarding its accuracy or completeness. The creator is not responsible for any losses incurred from the use of this tool.
Open-Source License: This script is open-source and may be modified or redistributed in accordance with the TradingView open-source license. Proper credit to the original creator, OmegaTools, must be maintained in any derivative works.
Supply and Demand StrategyOverview
This strategy is designed to identify key supply (resistance) and demand (support) zones on a price chart. These zones represent areas where the price has historically shown a significant reaction, either bouncing up from a demand zone or dropping down from a supply zone. The strategy provides clear entry and exit points for trades based on these zones.
Key Components
Supply and Demand Zones:
Supply Zone: An area where the price has reversed from an uptrend to a downtrend. It represents a high concentration of sellers.
Demand Zone: An area where the price has reversed from a downtrend to an uptrend. It represents a high concentration of buyers.
Time Frames:
Use higher time frames (like daily or weekly) to identify key supply and demand zones.
Use lower time frames (like 1-hour or 4-hour) to pinpoint precise entry and exit points within these zones.
Confirmation:
Use price action and candlestick patterns (like pin bars or engulfing patterns) to confirm potential reversals in these zones.
Flow of Trade [Orderflowing]Flow of Trade | Supply & Demand Zones | Turtle Soup Reversal Pattern Detection (+)
Built using Pine Script V5.
Introduction
The Flow of Trade indicator is a trading tool designed to leverage the principles of Supply and Demand, along with automatic “Turtle Soup” reversal pattern detection.
This indicator is made for traders who aim to identify potential market reversal points, supported by multi-timeframe analysis for a more complete market overview.
Core Concepts and Innovation
Supply and Demand (S&D) Zones
At the heart of the Flow of Trade indicator is the concept of Supply & Demand, along with Market Imbalance, which is sound for identifying the Supply and Demand zones.
The Turtle Soup Reversal Pattern Detection
Named after the ICT-derived trading pattern, the Flow of Trade script tries to find and plot these "failed breakout" reversals based on the user input configuration.
Inputs
The Flow of Trade indicator offers customization, allowing traders to fit the tool to their specific analysis needs and trading style.
Zone Ratio: Determines the scale of imbalance required for a candle to be considered for a zone. A higher value indicates a need for a more significant imbalance, making zones less frequent but potentially more reliable.
Zone Extension: Specifies how far to the right of the latest bar the zones should extend, providing a visual projection of potential future support and resistance areas.
Display LTF Zones: Enables the visualization of zones from lower timeframes on the current chart, offering a multi-timeframe perspective on supply and demand areas.
Supply and Demand Zone Colors: Customize the colors for supply (red) and demand (blue) zones, including opacity for chart visibility.
Border Color: Adjust the border color to find a suitable view of the zones. Optionally disable the S&D colors with 0% opacity and only keep border colors for a border-only view.
Text Display Settings: Options to display high/low quotes information within zones.
Timeframe Options: Select which timeframes to include in the analysis, from shorter periods like 30M to longer ones like Daily (D) or Weekly (W), allowing for a complete view across different timeframes.
How It Works
Imbalance Calculation.
The indicator looks at consecutive candles to measure the magnitude of price movement and volume imbalances.
A significant imbalance between buying and selling pressure is what defines a potential supply or demand zone.
Supply Zones Identification.
A supply zone is flagged when there's imbalance favoring sellers, typically after a notable price drop. It looks for a consolidation phase where the price fails to achieve a higher high, suggesting an area where sellers might regain control.
Demand Zones Identification.
A demand zone is marked in the presence of a buyer-dominated imbalance, especially after a significant price rally.
The indicator seeks periods of consolidation where the price doesn't make a lower low, indicating potential buyer accumulation.
Multi-Timeframe Imbalance Analysis.
The indicator extends its imbalance analysis across multiple timeframes of identified zones.
This multi-layered approach allows traders to discern the strength and relevance of supply and demand zones within a broader multi-timeframe market context.
Turtle Soup Reversal Pattern Detection.
The Turtle Soup pattern detection is fitted into the imbalance analysis.
The indicator scans for setups within or near the identified supply and demand zones, providing an additional layer of confirmation for potential reversals.
The Turtle Soup Pattern Logic
Attempts at detecting false breakouts within the zones. For example, a bearish Turtle Soup pattern emerges when the price dips below a demand zone but quickly reverses, indicating a failed breakout and potential upward momentum.
Integration and Practical Application
The Flow of Trade indicator integrates these elements, marking out S&D zones while also scanning for reversal patterns within or adjacent to these zones.
The added multi-timeframe analysis can help the traders understanding of broader market context, enabling you to find the relative strength of MTF zones and see how reversal setups perform in the specific asset.
Strategic Entry and Exit Points: Use the confluence of S&D zones and Turtle Soup patterns to find possible entry and exit points.
Risk Management: Potentially leverage the defined zones for setting stop-loss levels and managing trade risk based on supply and demand concepts.
Confirmation and Confluence: Apply multi-timeframe analysis to validate S&D zones and Turtle Soup patterns.
Example of High/Low (H/L) Quotes from Zones:
Example of MTF S&D Zones (4H/D/W):
Conclusion
The Flow of Trade indicator is of time-tested market principles and along with innovative pattern recognition, designed to offer traders a customizable method for more systematized view of supply and demand, along with reversal signals.
Its multi-timeframe analysis can be useful for decision-making and systemizing your trading layout.
Disclaimer
While the Flow of Trade Indicator is a useful tool for analysis, it is important for traders to remember that no single tool can guarantee success.
Past performance is not indicative of future results.
Do not solely rely on the signals from the Flow of Trade indicator.
The indicator is meant to be used as confluence to an existing strategy.
Swing Point Oscillator with Trend Filter [Quantigenics]The "Swing Point Oscillator with Trend Filter" is a sophisticated trading oscillator designed to enhance trading decisions by adapting to market conditions. Oscillators typically signal overbought/oversold market states, often yielding false signals in strong trends. This trend indicator addresses this by implementing a 'Trend Filter' which changes color in strong trends, alerting traders to avoid typical oscillator reversals. In strong trends (when the trend Filter is red), mid-high or mid-low levels can be used for pullback entries. In more neutral markets (when the trend Filter is close to blue), extreme high and low levels (top and bottom) can be used, as a true 'over bought / over sold' oscillator. The oscillator combines components of the Stochastic Oscillator and the CCI, then normalizes the result, providing a unique, adaptive signal. The color-coded lines and Trend Filter offer clear visual cues, making this a comprehensive tool for various market scenarios.
Caution: Always use the indicator in conjunction with other tools and analysis methods to confirm trading decisions. Avoid trading solely based on this indicator.
GOLD 4HR
CL1! 4HR
How to Use:
Swing Point Oscillator: Displays the momentum of the price relative to its recent high and low.
Trend Filter: Highlights the general direction of the market trend.
Zones: Visual representation to categorize oscillator values (Up Zone and Down Zone).
Interpretation:
Oscillator:
When the oscillator moves upward and approaches or enters the Up Zone, it indicates increasing bullish momentum.
When the oscillator moves downward and approaches or enters the Down Zone, it suggests increasing bearish momentum.
Values near the middle (around zero) often indicate indecision or consolidation in the market.
Trend Filter:
A trend filter line above the Mid-High or below the Mid-Low suggests a strong trend.
When the trend filter is between the Mid-High and Mid-Low, it might indicate a weaker or sideways trend.
Its color will change based on its position relative to the zones. For instance, it turns red when indicating a stronger trend.
Zones:
Up Zone: The area between the Top Line and the Mid-High. Indicates strong bullish momentum when the oscillator is within this zone.
Down Zone: The area between the Mid-Low and the Bottom Line. Indicates strong bearish momentum when the oscillator is in this zone.
Trading Tips:
Bullish Scenario: Consider long positions when the oscillator is rising, and the trend filter indicates a strong upward trend.
Bearish Scenario: Consider short positions when the oscillator is falling, and the trend filter indicates a strong downward trend.
Entropy Chart Analysis [PhenLabs]📊 Entropy Chart analysis -
Version: PineScript™ v6
📌 Description
The Entropy Chart indicator analysis applies Approximate Entropy (ApEn) to identify zones of potential support and resistance on your price chart. It is designed to locate changes in the market’s predictability, with a focus on zones near significant psychological price levels (e.g., multiples of 50). By quantifying entropy, the indicator aims to identify zones where price action might stabilize (potential support) or become randomized (potential resistance).
This tool automates the visualization of these key areas for traders, which may have the effect of revealing reversal levels or consolidation zones that would be hard to discern through traditional means. It also filters the signals by proximity to key levels in an attempt to reduce noise and highlight higher-probability setups. These dynamic zones adapt to changing market conditions by stretching, merging, and expiring based on user-inputted rules.
🚀 Points of Innovation
Combines Approximate Entropy (ApEn) calculation with price action near significant levels.
Filters zone signals based on proximity (in ticks) to predefined significant price levels (multiples of 50).
Dynamically merges overlapping or nearby zones to consolidate signals and reduce chart clutter.
Uses ApEn crossovers relative to its moving average as the core trigger mechanism.
Provides distinct visual coloring for bullish, bearish, and merged (mixed-signal) zones.
Offers comprehensive customization for entropy calculation, zone sensitivity, level filtering, and visual appearance.
🔧 Core Components
Approximate Entropy (ApEn) Calculation : Measures the regularity or randomness of price fluctuations over a specified window. Low ApEn suggests predictability, while high ApEn suggests randomness.
Zone Trigger Logic : Creates potential support zones when ApEn crosses below its average (indicating increasing predictability) and potential resistance zones when it crosses above (indicating increasing randomness).
Significant Level Filter : Validates zone triggers only if they occur within a user-defined tick distance from significant price levels (multiples of 50).
Dynamic Zone Management : Automatically creates, extends, merges nearby zones based on tick distance, and removes the oldest zones to maintain a maximum limit.
Zone Visualization : Draws and updates colored boxes on the chart to represent active support, resistance, or mixed zones.
🔥 Key Features
Entropy-Based S/R Detection : Uses ApEn to identify potential support (low entropy) and resistance (high entropy) areas.
Significant Level Filtering : Enhances signal quality by focusing on entropy changes near key psychological price points.
Automatic Zone Drawing & Merging : Visualizes zones dynamically, merging close signals for clearer interpretation.
Highly Customizable : Allows traders to adjust parameters for ApEn calculation, zone detection thresholds, level filter sensitivity, merging distance, and visual styles.
Integrated Alerts : Provides built-in alert conditions for the formation of new bullish or bearish zones near significant levels.
Clear Visual Output : Uses distinct, customizable colors for buy (support), sell (resistance), and mixed (merged) zones.
🎨 Visualization
Buy Zones : Represented by greenish boxes (default: #26a69a), indicating potential support areas formed during low entropy periods near significant levels.
Sell Zones : Represented by reddish boxes (default: #ef5350), indicating potential resistance areas formed during high entropy periods near significant levels.
Mixed Zones : Represented by bluish/purple boxes (default: #8894ff), formed when a buy zone and a sell zone merge, indicating areas of potential consolidation or conflict.
Dynamic Extension : Active zones are automatically extended to the right with each new bar.
📖 Usage Guidelines
Calculation Parameters
Window Length
Default: 15
Range: 10-100
Description: Lookback period for ApEn calculation. Shorter lengths are more responsive; longer lengths are smoother.
Embedding Dimension (m)
Default: 2
Range: 1-6
Description: Length of patterns compared in ApEn calculation. Higher values detect more complex patterns but require more data.
Tolerance (r)
Default: 0.5
Range: 0.1-1.0 (step 0.1)
Description: Sensitivity factor for pattern matching (as a multiple of standard deviation). Lower values require closer matches (more sensitive).
Zone Settings
Zone Lookback
Default: 5
Range: 5-50
Description: Lookback period for the moving average of ApEn used in threshold calculations.
Zone Threshold
Default: 0.5
Range: 0.5-3.0
Description: Multiplier for the ApEn average to set crossover trigger levels. Higher values require larger ApEn deviations to create zones.
Maximum Zones
Default: 5
Range: 1-10
Description: Maximum number of active zones displayed. The oldest zones are removed first when the limit is reached.
Zone Merge Distance (Ticks)
Default: 5
Range: 1-50
Description: Maximum distance in ticks for two separate zones to be merged into one.
Level Filter Settings
Tick Size
Default: 0.25
Description: The minimum price increment for the asset. Must be set correctly for the specific instrument to ensure accurate level filtering.
Max Ticks Distance from Levels
Default: 40
Description: Maximum allowed distance (in ticks) from a significant level (multiple of 50) for a zone trigger to be valid.
Visual Settings
Buy Zone Color : Default: color.new(#26a69a, 83). Sets the fill color for support zones.
Sell Zone Color : Default: color.new(#ef5350, 83). Sets the fill color for resistance zones.
Mixed Zone Color : Default: color.new(#8894ff, 83). Sets the fill color for merged zones.
Buy Border Color : Default: #26a69a. Sets the border color for support zones.
Sell Border Color : Default: #ef5350. Sets the border color for resistance zones.
Mixed Border Color : Default: color.new(#a288ff, 50). Sets the border color for mixed zones.
Border Width : Default: 1, Range: 1-3. Sets the thickness of zone borders.
✅ Best Use Cases
Identifying potential support/resistance near significant psychological price levels (e.g., $50, $100 increments).
Detecting potential market turning points or consolidation zones based on shifts in price predictability.
Filtering entries or exits by confirming signals occurring near significant levels identified by the indicator.
Adding context to other technical analysis approaches by highlighting entropy-derived zones.
⚠️ Limitations
Parameter Dependency : Indicator performance is sensitive to parameter settings ( Window Length , Tolerance , Zone Threshold , Max Ticks Distance ), which may need optimization for different assets and timeframes.
Volatility Sensitivity : High market volatility or erratic price action can affect ApEn calculations and potentially lead to less reliable zone signals.
Fixed Level Filter : The significant level filter is based on multiples of 50. While common, this may not capture all relevant levels for every asset or market condition. Accurate Tick Size input is essential.
Not Standalone : Should be used in conjunction with other analysis methods (price action, volume, other indicators) for confirmation, not as a sole basis for trading decisions.
💡 What Makes This Unique
Entropy + Level Context : Uniquely combines ApEn analysis with a specific filter for proximity to significant price levels (multiples of 50), adding locational context to entropy signals.
Intelligent Zone Merging : Automatically consolidates nearby buy/sell zones based on tick distance, simplifying visual analysis and highlighting stronger confluence areas.
Targeted Signal Generation : Focuses alerts and zone creation on specific market conditions (entropy shifts near key levels).
🔬 How It Works
Calculate Entropy : The script computes the Approximate Entropy (ApEn) of the closing prices over the defined Window Length to quantify price predictability.
Check Triggers : It monitors ApEn relative to its moving average. A crossunder below a calculated threshold (avg_apen / zone_threshold) indicates potential support; a crossover above (avg_apen * zone_threshold) indicates potential resistance.
Filter by Level : A potential zone trigger is confirmed only if the low (for support) or high (for resistance) of the trigger bar is within the Max Ticks Distance of a significant price level (multiple of 50).
Manage & Draw Zones : If a trigger is confirmed, a new zone box is created. The script checks for overlaps with existing zones within the Zone Merge Distance and merges them if necessary. Zones are extended forward, and the oldest are removed to respect the Maximum Zones limit. Active zones are drawn and updated on the chart.
💡 Note:
Crucially, set the Tick Size parameter correctly for your specific trading instrument in the “Level Filter Settings”. Incorrect Tick Size will make the significant level filter inaccurate.
Experiment with parameters, especially Window Length , Tolerance (r) , Zone Threshold , and Max Ticks Distance , to tailor the indicator’s sensitivity to your preferred asset and timeframe.
Always use this indicator as part of a comprehensive trading plan, incorporating risk management and seeking confirmation from other analysis techniques.
Volume Range Map [BigBeluga]This volume-based tool identifies the highest and lowest price extremes within a lookback period and constructs two dynamic range zones. Each zone is filled with horizontal volume profiles that visualize the distribution of traded volume across price bins, helping traders pinpoint key areas of accumulation and distribution.
🔵Key Features:
Dynamic High/Low Zones:
➣ Automatically detects the highest and lowest price levels within a custom lookback window.
➣ Draws two shaded zones: one near the high and one near the low, representing potential supply and demand areas.
Volume Profiles per Zone:
➣ Each zone is filled with a volume profile histogram divided into bins.
➣ The length of each horizontal bar represents the relative volume traded at that price level.
➣ Bins collectively account for 100% of the zone’s volume.
POC Highlighting:
➣ The price bin with the highest volume is marked as the Point of Control (POC), along with a label showing its share of total volume in percentage.
➣ A dashed line is drawn at the middle level of the zone.
Customizable Display:
➣ Traders can adjust the number of bins, zone width, and toggle midline visibility to match their strategy needs.
➣ Colors of upper and lower volume zones are fully customizable.
🔵Usage:
Supply/Demand Analysis: Use upper/lower volume zones to find key reversal or continuation areas where market participants were most active.
Volume Confirmation: Confirm breakout or rejection trades by watching how price reacts to high-volume areas inside each zone.
POC Strategy: Treat POC levels as magnet zones — price tends to revisit them due to high liquidity.
Trade Planning: Use volume-weighted levels instead of raw price action to plan entries, stop-losses, and targets.
Volume Range Map offers a clean and powerful way to analyze volume distribution at price extremes. By combining precise volume histograms, POC highlights, and adaptive zone drawing, it brings market structure into sharper focus for range and breakout traders alike.
Volatility Layered Supertrend [NLR]We’ve all used Supertrend, but do you know where to actually enter a trade? Volatility Layered Supertrend (VLS) is here to solve that! This advanced trend-following indicator builds on the classic Supertrend by not only identifying trends and their strength but also guiding you to the best trade entry points. VLS divides the main long-term trend into “Strong” and “Weak” Zones, with a clear “Trade Entry Zone” to help you time your trades with precision. With layered trends, dynamic profit targets, and volatility-adaptive bands, VLS delivers actionable signals for any market.
Why I Created VLS Over a Plain Supertrend
I built VLS to address the gaps in traditional Supertrend usage and make trade entries clearer:
Single-Line Supertrend Issues: The default Supertrend sets stop-loss levels that are too wide, making it impractical for most traders to use effectively.
Unclear Entry Points: Standard Supertrend doesn’t tell you where to enter a trade, often leaving you guessing or entering too early or late.
Multi-Line Supertrend Enhancement: Many traders use short, medium, and long Supertrends, which is helpful but can lack focus. In VLS, I include Short, Medium, and Long trends (using multipliers 1 to 3), and add multipliers 4 and 5 to track extra long-term trends—helping to avoid fakeouts that sometimes occur with multiplier 3.
My Solution: I focused on the main long-term Supertrend and split it into “Weak Zone” and “Strength Zone” to show the trend’s reliability. I also defined a “Trade Entry Zone” (starting from the Mid Point, with the first layer’s background hidden for clarity) to guide you on where to enter trades. The zones include Short, Medium, and Long Trend layers for precise entries, exits, and stop-losses.
Practical Trading: This approach provides realistic stop-loss levels, clear entry points, and a “Profit Target” line that aligns with your risk tolerance, while filtering out false signals with longer-term trends.
Key Features
Layered Trend Zones: Short, Medium, Long, and Extra Long Trend layers (up to multipliers 4 and 5) for timing entries and exits.
Strong & Weak Zones: See when the trend is reliable (Strength Zone) or needs caution (Weak Zone).
Trade Entry Zone: A dedicated zone starting from the Mid Point (first layer’s background hidden) to show the best entry points.
Dynamic Profit Targets: A “Profit Target” line that adjusts with the trend for clear goals.
Volatility-Adaptive: Uses ATR to adapt to market conditions, ensuring reliable signals.
Color-Coded: Green for uptrends, red for downtrends—simple and clear.
How It Works
VLS enhances the main long-term Supertrend by dividing it into two zones:
Weak Zone: Indicates a less reliable trend—use tighter stop-losses or wait for the price to reach the Trade Entry Zone.
Strength Zone: Signals a strong trend—ideal for entries with wider stop-losses for bigger moves.
The “Trade Entry Zone” starts at the Mid Point (last layer’s background hidden for clarity), showing you the best area to enter trades. Each zone includes Short, Medium, Long, and Extra Long Trend sublevels (up to multipliers 4 and 5) for precise trade timing and to filter out fakeouts. The “Profit Target” updates dynamically based on trend direction and volatility, giving you a clear goal.
How to Use
Spot the Trend: Green bands = buy, red bands = sell.
Check Strength: Price in Strength Zone? Trend’s reliable—trade confidently. In Weak Zone? Use tighter stops or wait.
Enter Trades: Use the “Trade Entry Zone” (from the Mid Point upward) for the best entry points.
Use Sublevels: Short, Medium, Long, and Extra Long layers in each zone help fine-tune entries and exits.
Set Targets: Follow the Profit Target line for goals—it updates automatically.
Combine Tools: Pair with RSI, MACD, or support/resistance for added confirmation.
Settings
ATR Length: Adjust the ATR period (default 10) to change sensitivity.
Up/Down Colors: Customize colors—green for up, red for down, by default.
Structure Pilot - Z&Z [Wang Indicators]Structure Pilot Zone & Zil is a complete suite of structure driven features that's build around pattern that can be visible around any timeframe.
Built in collaboration with Dave Teaches,
All these tools were shaped and combined together as the only toolkit Structure & DTFX traders want to have !
▫️ Structures & Zones ▫️
Zones are drawn when a break of structure (new high or low being created) or a market reversal happens.
It will highlight the last valid down move before a new high for bullish zones and the last valid up move before a new low for bearish zones.
These zones are used to analyze the market trend and to make entries into the market trend once the price retraces into these zones.
For example, with the latest bullish zones drawn in green for LTF zones and in blue for HTF zones, when the price retraces into this zone, there is a strong probability that the price will turn around to provide a buying opportunity all the way to the top of the zone or even higher.
These buying opportunities generally occur at specific retracement levels in the 30%, 50% and 70% zones, automatically represented by broken lines in the zones when they are created.
Example with bullish zones :
The aim with these zones is to find places on the chart where it's best to buy or sell, in order to take the biggest possible move while minimizing your risk.
Indeed, if the price is rising and a bullish zone has been created, I don't want to buy on the highs, preferring to wait for a retracement in my bullish zone to buy lower and reduce my risk, as the invalidation of the current trend will be found below the last protected low under the bullish zone drawn in blue for the HTF and in green for the LTF. Conversely, if the price is falling and a bearish zone has been created, I don't want to sell at the bottom. I'd rather wait for a retracement in the bearish zone to sell higher and reduce my risk, as the invalidation of the current trend will this time be above the last protected high above the bearish zone drawn in orange for the HTF and red for the LTF.
Example with bearish zones :
When it comes to market structure, it's good to know that zones recur within the same trend at a frequency of between 3 and 6 before there's a trend reversal.
So, after a certain number of successive zones, you can expect a reversal or the last protected high or low to be breached. The indicator automatically counts the number of successive zones, so you can keep track of the market and avoid surprises.
The zones are generated through the structure length. It can be increased to display larger (and more important) zones.
As we recommend keeping the default value (20) for new traders, experienced traders will find some success with other settings depending on their strategies.
Structure Pilot also provides auto HTF Zones, which is particularly useful to have a macro vision of the market.
Settings:
Swing types: Bullish only, Bearish only, both, or none
Structure length
Swing count: useful when it comes to tracking Trend strenght in any given time frame
Show Zones: Display boxes with 30%, 50%, and 70% fibs
Show HTF Zones: Display HTF zones with the same retracement configuration as the regular zones
Show 30%, 50% and 70%: Enable/disable these options to show or hide the corresponding fibs.
Box visibility, Line width & Line style: Style configuration for the zone
All settings can be activated or deactivated in the indicator parameters to suit individual needs and preferences.
30% Level : This is often considered a shallow retracement. If prices pull back to this level after an uptrend and flip in a lower timeframe, traders might view it as a strong sign of continued bullish momentum. Conversely, after a downtrend, this level could act as a temporary resistance where sellers might re-enter after a flip in a lower timeframe.
50% Level : This level is seen as a balance point or midpoint in the price move. A retracement to 50% can indicate a strong trend change or continuation.
70% Level : A retracement this deep can signal that the market might be losing steam or that the previous trend could be weakening. If the price bounces off this level, it might suggest that the trend is still in control but needed a more significant correction before moving further in its original direction.
We as structure traders prefer to take entry out of The 50% or when price retrace past it
there will be something at the level i'm looking for price to reverse from either some specific candles or imbalances.
Advanced traders might combine these levels with other tools or chart patterns that we bundle in this indicator.
▫️ ZIL ▫️
The ZIL Indicator is designed to automate the process of identifying key structural levels in the market and applying Fibonacci retracements when a significant price break occurs.
The indicator detects when a market structure (high or low) is broken and a candle closes below the previous low or above the previous high, indicating a potential trend shift or continuation.
• Tracks the break of structural lows or highs and waits for a confirmation candle that closes above or bellow the candle that set the new low.
Automated Fibonacci Retracement:
• Once the structure break is confirmed, the indicator automatically plots a Fibonacci retracement between:
• The high of the last bullish move (before the new low is set) or the low of the last bearish move (before the new high is set)
• The newly formed low after the structure break or the newly formed high after the structure break
Fibonacci levels plotted with colors :
• -0.27 : Dark red - Stop loss
• 0 : white - The new high/low - Potential entry
• 0.3, Orange 0.5, Light green 0.7: Green : Levels - Partial and take profit zones
• 1.15 pale blue - for your runner
We may long the retracement when the price is comming from a bearish zone using the ZIL to manage
Example :
Multi-Timeframe Support:
• Using the option "HTF ZIL" will display ZIL on higher timeframe (corresponding to the HTF Zones) on your charts to help traders find structural breaks and Fibonacci setups in both short-term and long-term markets.
HTF ZIL is really usefull to manage trades if the regular ZIL target get ran through
Wang use case :
HTF zill level are used when the small zill get ran through
▫️ Opening Range Tracker ▫️
The Opening Range Tracker is designed to help traders identify and track the opening range of a specified time period, specifically starting with the 144-minute candle between 8:24 AM and 10:48 AM. (default value) The indicator highlights this range and automatically plots key levels (30%, 50%, 70%) to provide potential strong reaction areas for trading. The time period for the opening range is fully customizable, allowing users to adjust it according to their strategy.
Opening range should be seen and used as a classic zone. If we trade above or below it price tend to come back into it and bounce of of the One or multiple level...
classic 30/50/70.
• Customizable Opening Range: Adapt the indicator to any market or session by changing the opening range time window.
• Precise Levels for Trading: The 30%, 50%, and 70% levels provide key zones where price may react, helping traders define entries, exits, or stop loss placements.
• Visual Clarity: The range box and levels make it easy to see the important price areas during the opening range and the rest of the trading session. If we range a lot in the opening range, we may range for the rest of the day. We should keep that in mind to avoid taking wrong decisions.
its basically a large zone that's we have seen often time price rejects from the level in it
Daily Reset: Each trading day resets the opening range, giving traders fresh data and new opportunities to capitalize on market movements.
Structure Pilot is built for beginner and experienced. It provides the tools to the traders that want to learn, understand, and trade efficiently within the principles of structure trading.
ICT Killzones and Sessions W/ Silver Bullet + MacrosForex and Equity Session Tracker with Killzones, Silver Bullet, and Macro Times
This Pine Script indicator is a comprehensive timekeeping tool designed specifically for ICT traders using any time-based strategy. It helps you visualize and keep track of forex and equity session times, kill zones, macro times, and silver bullet hours.
Features:
Session and Killzone Lines:
Green: London Open (LO)
White: New York (NY)
Orange: Australian (AU)
Purple: Asian (AS)
Includes AM and PM session markers.
Dotted/Striped Lines indicate overlapping kill zones within the session timeline.
Customization Options:
Display sessions and killzones in collapsed or full view.
Hide specific sessions or killzones based on your preferences.
Customize colors, texts, and sizes.
Option to hide drawings older than the current day.
Automatic Updates:
The indicator draws all lines and boxes at the start of a new day.
Automatically adjusts time-based boxes according to the New York timezone.
Killzone Time Windows (for indices):
London KZ: 02:00 - 05:00
New York AM KZ: 07:00 - 10:00
New York PM KZ: 13:30 - 16:00
Silver Bullet Times:
03:00 - 04:00
10:00 - 11:00
14:00 - 15:00
Macro Times:
02:33 - 03:00
04:03 - 04:30
08:50 - 09:10
09:50 - 10:10
10:50 - 11:10
11:50 - 12:50
Latest Update:
January 15:
Added option to automatically change text coloring based on the chart.
Included additional optional macro times per user request:
12:50 - 13:10
13:50 - 14:15
14:50 - 15:10
15:50 - 16:15
Usage:
To maximize your experience, minimize the pane where the script is drawn. This minimizes distractions while keeping the essential time markers visible. The script is designed to help traders by clearly annotating key trading periods without overwhelming their charts.
Originality and Justification:
This indicator uniquely integrates various time-based strategies essential for ICT traders. Unlike other indicators, it consolidates session times, kill zones, macro times, and silver bullet hours into one comprehensive tool. This allows traders to have a clear and organized view of critical trading periods, facilitating better decision-making.
Credits:
This script incorporates open-source elements with significant improvements to enhance functionality and user experience.
Forex and Equity Session Tracker with Killzones, Silver Bullet, and Macro Times
This Pine Script indicator is a comprehensive timekeeping tool designed specifically for ICT traders using any time-based strategy. It helps you visualize and keep track of forex and equity session times, kill zones, macro times, and silver bullet hours.
Features:
Session and Killzone Lines:
Green: London Open (LO)
White: New York (NY)
Orange: Australian (AU)
Purple: Asian (AS)
Includes AM and PM session markers.
Dotted/Striped Lines indicate overlapping kill zones within the session timeline.
Customization Options:
Display sessions and killzones in collapsed or full view.
Hide specific sessions or killzones based on your preferences.
Customize colors, texts, and sizes.
Option to hide drawings older than the current day.
Automatic Updates:
The indicator draws all lines and boxes at the start of a new day.
Automatically adjusts time-based boxes according to the New York timezone.
Killzone Time Windows (for indices):
London KZ: 02:00 - 05:00
New York AM KZ: 07:00 - 10:00
New York PM KZ: 13:30 - 16:00
Silver Bullet Times:
03:00 - 04:00
10:00 - 11:00
14:00 - 15:00
Macro Times:
02:33 - 03:00
04:03 - 04:30
08:50 - 09:10
09:50 - 10:10
10:50 - 11:10
11:50 - 12:50
Latest Update:
January 15:
Added option to automatically change text coloring based on the chart.
Included additional optional macro times per user request:
12:50 - 13:10
13:50 - 14:15
14:50 - 15:10
15:50 - 16:15
ICT Sessions and Kill Zones
What They Are:
ICT Sessions: These are specific times during the trading day when market activity is expected to be higher, such as the London Open, New York Open, and the Asian session.
Kill Zones: These are specific time windows within these sessions where the probability of significant price movements is higher. For example, the New York AM Kill Zone is typically from 8:30 AM to 11:00 AM EST.
How to Use Them:
Identify the Session: Determine which trading session you are in (London, New York, or Asian).
Focus on Kill Zones: Within that session, focus on the kill zones for potential trade setups. For instance, during the New York session, look for setups between 8:30 AM and 11:00 AM EST.
Silver Bullets
What They Are:
Silver Bullets: These are specific, high-probability trade setups that occur within the kill zones. They are designed to be "one shot, one kill" trades, meaning they aim for precise and effective entries and exits.
How to Use Them:
Time-Based Setup: Look for these setups within the designated kill zones. For example, between 10:00 AM and 11:00 AM for the New York AM session .
Chart Analysis: Start with higher time frames like the 15-minute chart and then refine down to 5-minute and 1-minute charts to identify imbalances or specific patterns .
Macros
What They Are:
Macros: These are broader market conditions and trends that influence your trading decisions. They include understanding the overall market direction, seasonal tendencies, and the Commitment of Traders (COT) reports.
How to Use Them:
Understand Market Conditions: Be aware of the macroeconomic factors and market conditions that could affect price movements.
Seasonal Tendencies: Know the seasonal patterns that might influence the market direction.
COT Reports: Use the Commitment of Traders reports to understand the positioning of large traders and commercial hedgers .
Putting It All Together
Preparation: Understand the macro conditions and review the COT reports.
Session and Kill Zone: Identify the trading session and focus on the kill zones.
Silver Bullet Setup: Look for high-probability setups within the kill zones using refined chart analysis.
Execution: Execute the trade with precision, aiming for a "one shot, one kill" outcome.
By following these steps, you can effectively use ICT sessions, kill zones, silver bullets, and macros to enhance your trading strategy.
Usage:
To maximize your experience, shrink the pane where the script is drawn. This minimizes distractions while keeping the essential time markers visible. The script is designed to help traders by clearly annotating key trading periods without overwhelming their charts.
Originality and Justification:
This indicator uniquely integrates various time-based strategies essential for ICT traders. Unlike other indicators, it consolidates session times, kill zones, macro times, and silver bullet hours into one comprehensive tool. This allows traders to have a clear and organized view of critical trading periods, facilitating better decision-making.
Credits:
This script incorporates open-source elements with significant improvements to enhance functionality and user experience. All credit goes to itradesize for the SB + Macro boxes
