Forex system 10This is old method I used in the past for forex
can be apply to any time frame . can be apply to any asset
all you have to do is to follow the colors (red =sell, green=buy)
the system is my modification to fibs system in order to make it more accurate
here is example of setting for 5 min chart
the color determine by cross of the median of high and low
the script try to give us more accurate levels of resistance and support levels especially when we do it in lower TF
the Min is the control need to be same or higher then chart
60 min chart for example
gold 60 min
btc
another forex example 15 min
here 60 min TF on 5 min chart on crypto link
Cerca negli script per "市值60亿的股票"
VPoC per barThis study prints the current bar VPoC as an horizontal line.
It's aimed originally at BTCUSDT pair and 15m timeframe.
HOW IT WORKS
Zoom In mode: This is the default mode.
The study zooms in into the latest 15 1-minute bar candles in order to calculate the 15 minute candle VPoC.
Zoom Out mode: The VPoC from the last n bars from the current timeframe that match desired timeframe is shown on each bar.
In either case you are recommended to click on the '...' button associated to this study
and select 'Visual Order. Bring to Front.' so that it's properly shown in your chart.
HOW IT WORKS - Zoom In mode
Make sure that '(VP) Zoom into the VP timeframe' setting is set to true.
Choose the zoomed in timeframe where to calculate VPoC from thanks to the '(VP) Zoomed timeframe {1 minute}' setting.
Change '(VP) Zoomed in timeframe bars per current timeframe bar {15}' to its appropiated value. You just need to divide the current timeframe minutes per the zoomed in timeframe minutes per bar. E.g. If you are in 60 minute timeframe and you want to zoom in into 5 minute timeframe: 60 / 5 = 12 . You will write 12 here.
HOW IT WORKS - Zoom Out mode
Make sure that '(VP) Zoom into the VP timeframe' setting is set to false.
If you are using the Zoom out mode you might want to set '(VP) Print VPoC price as discrete lines {True}' to false.
Either choose the zoommed out timeframe where to calculate VPoC from thanks to the '(VP) Zoomed timeframe {1 minute}' setting or turn on the '(VP) Use number of bars (not VP timeframe)' setting in order to use '(VP) Number of bars {100}' as a custom number of bars.
WARNING - Zoom In mode last bar
The way that PineScript handles security function in last bar might result on the last bar not being accurate enough.
SETTINGS
__ SETTINGS - Volume Profile
(VP) Zoomed timeframe {1 minute}: Timeframe in which to zoom in or zoom out to calculate an accurate VPoC for the current timeframe.
(VP) Zoomed in timeframe bars per current timeframe bar {15}: Check 'HOW IT WORKS - Zoom In mode' above. Note : It is only used in 'Zoom in' mode.
(VP) Number of bars {100}: If 'Use number of bars (not VP timeframe)' is turned on this setting is used to calculate session VPoC. Note : It is only used in 'Zoom out' mode.
(VP) Price levels {24}: Price levels for calculating VPoC.
__ SETTINGS - MAIN TURN ON/OFF OPTIONS
(VP) Print VPoC price {True}: Show VPoC price
(VP) Zoom into the VP timeframe: When set to true the VPoC is calculated by zooming into the lower timeframe. When set to false a higher timeframe (or number of bars) is used.
(VP) Realtime Zoom in (Beta): Enable real time zoom for the last bar. It's beta because it would only work with zoomed in timeframe under 60 minutes. And when ratio between zoomout and zoomin is less than 60. Note : It is only used in 'Zoom in' mode.
(VP) Use number of bars (not VP timeframe): Uses 'Number of bars {100}' setting instead of 'Volume Profile timeframe' setting for calculating session VPoC. Note : It is only used in 'Zoom out' mode.
(VP) Print VPoC price as discrete lines {True}: When set to true the VPoC is shown as an small line in the center of each bar. When set to the false the VPoC line is printed as a normal line.
__ SETTINGS - EXTRA
(VP) VPoC color: Change the VPoC color
(VP) VPoC line width {1}: Change VPoC line width (in pixels).
(VP) Use number of bars (not VP timeframe): Uses 'Number of bars {100}' setting instead of 'Volume Profile timeframe' setting for calculating session VPoC. Note : It is only used in 'Zoom out' mode.
(VP) Print VPoC price as discrete lines {True}: When set to true the VPoC is shown as an small line in the center of each bar. When set to the false the VPoC line is printed as a normal line.
CREDITS
I have reused and adapted some code from
"Poor man's volume profile" study
which it's from TradingView IldarAkhmetgaleev user.
Traders Dynamic Index(RSI) w/ Bull&Bear Control ZonesMomentum (RSI) is one of the most commonly used indicators for trading, but the vast majority of traders who use it, simply apply it as an oscillator to measure overbought and oversold conditions. However, momentum is much more complex than that and using a basic RSI fails to highlight these complexities.
What this highlights are some of the areas/zones that many people may not even know about or are unaware what the RSI can actually reveal about a particular trend.
What this indicator is showing:
Fast moving RSI (Green) - 1 period
Slow moving RSI (Red) - 9 period
Bollinger Bands
Relative Strength: 1 - 100
Bearish Control Zone: 30(Below) - 45
Bullish Control Zone: 60 - 70 (Above)
How this identifies trends:
Bear Market(Bearish Control Zone):
-Support: 20(Below) - 30
-Resistance: 55 - 65
-Momentum will test resistance but will fail to hold support at 50
Bull Market(Bullish Control Zone):
-Support: 45 - 50
-Resistance: 80 - 90(Above)
-Momentum will test support but will not continue past the 45 support
How this identifies reversals:
If a market is bullish, but loses support at 45 and tests 30, it has begun reversal. If a market is bearish, but breaks 60 and tests 70, it has begun reversal.
-A bull market reversal is confirmed if it finds resistance at 60 after testing bearish support
-A bear market reversal is confirmed if it finds support at 50 after testing bullish resistance
Slow & Fast RSI w/ Boll Bands:
-The Slow and Fast RSI crossovers will act as Intermediate trends within the Macro trend - Fast crosses slow, bullish. Slow cross fast, bearish.
-Use in confluence with the Macro trend.
-While under Bearish Control, the Slow RSI will act as resistance for the Fast RSI.
-While under Bullish Control, the Slow RSI will act as support for the Fast RSI.
-The two will have an impulsive crossover when the Macro trend reverses.
-The Bollinger Bands will act as a volatility gauge for potential approaching tests of Support & Resistances. (Expansions & Contractions)
This is an analog of TDIGM (GoldMinds)
-Added Bullish/Bearish Control Zones.
-Changed Fast RSI to Green and Slow RSI to Red.
Simple Harmonic Oscillator (SHO)The indicator is based on Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018 (pages 78-80) (www.ftaa.org.hk)
The SHO is a bounded oscillator for the simple harmonic index that calculates the period of the market’s cycle. The oscillator is used for short and intermediate terms and moves within a range of -100 to 100 percent. The SHO has overbought and oversold levels at +40 and -40, respectively. At extreme periods, the oscillator may reach the levels of +60 and -60. The zero level demonstrates an equilibrium between the periods of bulls and bears. The SHO oscillates between +40 and -40. The crossover at those levels creates buy and sell signals. In an uptrend, the SHO fluctuates between 0 and +40 where the bulls are controlling the market. On the contrary, the SHO fluctuates between 0 and -40 during downtrends where the bears control the market. Reaching the extreme level -60 in an uptrend is a sign of weakness. Mostly, the oscillator will retrace from its centerline rather than the upper boundary +40. On the other hand, reaching +60 in a downtrend is a sign of strength and the oscillator will not be able to reach its lower boundary -40.
Centerline Crossover Tactic
This tactic is tested during uptrends. The buy signals are generated when the WPO/SHI cross their centerlines to the upside. The sell signals are generated when the WPO/SHI cross down their centerlines. To define the uptrend in the system, stocks closing above their 50-day EMA are considered while the ADX is above 18.
Uptrend Tactic
During uptrends, the bulls control the markets, and the oscillators will move above their centerline with an increase in the period of cycles. The lower boundaries and equilibrium line crossovers generate buy signals, while crossing the upper boundaries will generate sell signals. The “Re-entry” and “Exit at weakness” tactics are combined with the uptrend tactic. Consequently, we will have three buy signals and two sell signals.
Sideways Tactic
During sideways, the oscillators fluctuate between their upper and lower boundaries. Crossing the lower boundary to the upside will generate a buy signal. On the other hand, crossing the upper boundary to the downside will generate a sell signal. When the bears take control, the oscillators will cross down the lower boundaries, triggering exit signals. Therefore, this tactic will consist of one buy signal and two sell signals. The sideway tactic is defined when stocks close above their 50-day EMA and the ADX is below 18
Volume Profile [Makit0]VOLUME PROFILE INDICATOR v0.5 beta
Volume Profile is suitable for day and swing trading on stock and futures markets, is a volume based indicator that gives you 6 key values for each session: POC, VAH, VAL, profile HIGH, LOW and MID levels. This project was born on the idea of plotting the RTH sessions Value Areas for /ES in an automated way, but you can select between 3 different sessions: RTH, GLOBEX and FULL sessions.
Some basic concepts:
- Volume Profile calculates the total volume for the session at each price level and give us market generated information about what price and range of prices are the most traded (where the value is)
- Value Area (VA): range of prices where 70% of the session volume is traded
- Value Area High (VAH): highest price within VA
- Value Area Low (VAL): lowest price within VA
- Point of Control (POC): the most traded price of the session (with the most volume)
- Session HIGH, LOW and MID levels are also important
There are a huge amount of things to know of Market Profile and Auction Theory like types of days, types of openings, relationships between value areas and openings... for those interested Jim Dalton's work is the way to come
I'm in my 2nd trading year and my goal for this year is learning to daytrade the futures markets thru the lens of Market Profile
For info on Volume Profile: TV Volume Profile wiki page at www.tradingview.com
For info on Market Profile and Market Auction Theory: Jim Dalton's book Mind over markets (this is a MUST)
BE AWARE: this indicator is based on the current chart's time interval and it only plots on 1, 2, 3, 5, 10, 15 and 30 minutes charts.
This is the correlation table TV uses in the Volume Profile Session Volume indicator (from the wiki above)
Chart Indicator
1 - 5 1
6 - 15 5
16 - 30 10
31 - 60 15
61 - 120 30
121 - 1D 60
This indicator doesn't follow that correlation, it doesn't get the volume data from a lower timeframe, it gets the data from the current chart resolution.
FEATURES
- 6 key values for each session: POC (solid yellow), VAH (solid red), VAL (solid green), profile HIGH (dashed silver), LOW (dashed silver) and MID (dotted silver) levels
- 3 sessions to choose for: RTH, GLOBEX and FULL
- select the numbers of sessions to plot by adding 12 hours periods back in time
- show/hide POC
- show/hide VAH & VAL
- show/hide session HIGH, LOW & MID levels
- highlight the periods of time out of the session (silver)
- extend the plotted lines all the way to the right, be careful this can turn the chart unreadable if there are a lot of sessions and lines plotted
SETTINGS
- Session: select between RTH (8:30 to 15:15 CT), GLOBEX (17:00 to 8:30 CT) and FULL (17:00 to 15:15 CT) sessions. RTH by default
- Last 12 hour periods to show: select the deph of the study by adding periods, for example, 60 periods are 30 natural days and around 22 trading days. 1 period by default
- Show POC (Point of Control): show/hide POC line. true by default
- Show VA (Value Area High & Low): show/hide VAH & VAL lines. true by default
- Show Range (Session High, Low & Mid): show/hide session HIGH, LOW & MID lines. true by default
- Highlight out of session: show/hide a silver shadow over the non session periods. true by default
- Extension: Extend all the plotted lines to the right. false by default
HOW TO SETUP
BE AWARE THIS INDICATOR PLOTS ONLY IN THE FOLLOWING CHART RESOLUTIONS: 1, 2, 3, 5, 10, 15 AND 30 MINUTES CHARTS. YOU MUST SELECT ONE OF THIS RESOLUTIONS TO THE INDICATOR BE ABLE TO PLOT
- By default this indicator plots all the levels for the last RTH session within the last 12 hours, if there is no plot try to adjust the 12 hours periods until the seesion and the periods match
- For Globex/Full sessions just select what you want from the dropdown menu and adjust the periods to plot the values
- Show or hide the levels you want with the 3 groups: POC line, VA lines and Session Range lines
- The highlight and extension options are for a better visibility of the levels as POC or VAH/VAL
THANKS TO
@watsonexchange for all the help, ideas and insights on this and the last two indicators (Market Delta & Market Internals) I'm working on my way to a 'clean chart' but for me it's not an easy path
@PineCoders for all the amazing stuff they do and all the help and tools they provide, in special the Script-Stopwatch at that was key in lowering this indicator's execution time
All the TV and Pine community, open source and shared knowledge are indeed the best way to help each other
IF YOU REALLY LIKE THIS WORK, please send me a comment or a private message and TELL ME WHAT you trade, HOW you trade it and your FAVOURITE SETUP for pulling out money from the market in a consistent basis, I'm learning to trade (this is my 2nd year) and I need all the help I can get
GOOD LUCK AND HAPPY TRADING
lsi (study about length and MTF) Here in this example I took lazy bear famous momentum squeeze indicator . the problem that there is lagging in the indicator so the buy and sell will be late . So instead the KC length that the original script had we put
int1=input(30)
int2=input(60)
lengthKC=isintraday and interval >= int1 ? int2/interval * 7 : isintraday and interval < 60 ? 60/interval * 24 * 7 : 7
this allow us to create a time and length related function to indicator and result in better output with no lagging
The second and most important thing is the ability to create indicator with time function as MTF without the security function that create repaint
all you need to do is to change int2 (to the time min of your choice ) and you can create an indicator with MTF function without the security function .And by this hopefully avoid the repainting issue
when you use this indicator change the setting of int1 and int 2 according to time frame that you use
lets say 15 min graph
make the int1 <15 min and the int2 at 15 min. if you want to see it as MTF just increase the int2 to the time set of your choice and play little with int1 to best setting
RSI with Visual Buy/Sell Setup | Corrective/Impulsive IndicatorRSI with Visual Buy/Sell Setup | 40-60 Support/Resistance | Corrective/Impulsive Indicator v2.15
|| RSI - The Complete Guide PDF ||
Modified Zones with Colors for easy recognition of Price Action.
Resistance @ downtrend = 60
Support @ uptrend = 40
Over 70 = Strong Bullish Impulse
Under 30 = Strong Bearish Impulse
Uptrend : 40-80
Downtrend: 60-20
--------------------
Higher Highs in price, Lower Highs in RSI = Bearish Divergence
Lower Lows in price, Higher Lows in RSI = Bullish Divergence
--------------------
Trendlines from Higher/Lower Peaks, breakout + retest for buy/sell setups.
###################
There are multiple ways for using RSI, not only divergences, but it confirms the trend, possible bounce for continuation and signals for possible trend reversal.
There's more advanced use of RSI inside the book RSI: The Complete Guide
Go with the force, and follow the trend.
"The Force is more your friend than the trend"
Build A Bot Hull TriggerThis is the automated trading system we built during the 60-Minute Build-A-Bot webinar on September 12, 2018. We had a lot of fun, and implemented a TON of indicators LIVE during this webinar! And the best part is that as a group we researched, designed, and built a profitable robot in exactly 60 minutes!
We started by voting on the type of trading system, and this is a trend following system because it got the most votes. Then, the attendees in the webinar sent in their suggestions for indicators and settings during the live webinar (still counting toward the 60 minutes). Once we had the indicators on the chart, and we discussed various settings we could use, we got to work building the robot, and ran the first strategy test...and it was profitable!
This version uses the Hull Moving Average as a trigger for initiating the trade, and everything else is the same for the filters. The other version uses the CCI as a trigger for the trade, and many other indicators as filters.
Indicators: Volume Zone Indicator & Price Zone IndicatorVolume Zone Indicator (VZO) and Price Zone Indicator (PZO) are by Waleed Aly Khalil.
Volume Zone Indicator (VZO)
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VZO is a leading volume oscillator that evaluates volume in relation to the direction of the net price change on each bar.
A value of 40 or above shows bullish accumulation. Low values (< 40) are bearish. Near zero or between +/- 20, the market is either in consolidation or near a break out. When VZO is near +/- 60, an end to the bull/bear run should be expected soon. If that run has been opposite to the long term price trend direction, then a reversal often will occur.
Traditional way of looking at this also works:
* +/- 40 levels are overbought / oversold
* +/- 60 levels are extreme overbought / oversold
More info:
drive.google.com
Price Zone Indicator (PZO)
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PZO is interpreted the same way as VZO (same formula with "close" substituted for "volume").
Chart Markings
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In the chart above,
* The red circles indicate a run-end (or reversal) zones (VZO +/- 60).
* Blue rectangle shows the consolidation zone (VZO betwen +/- 20)
I have been trying out VZO only for a week now, but I think this has lot of potential. Give it a try, let me know what you think.
ICT Premium/Discount Zones [Eˣ]💰 Premium/Discount Zones - Free Indicator
Overview
Premium/Discount Zones automatically identifies where price is "expensive" (premium) versus "cheap" (discount) relative to recent price action. Based on ICT (Inner Circle Trader) concepts, this indicator helps you follow the golden rule of trading: "Buy Discount, Sell Premium" - just like institutions do. Know at a glance whether you should be looking for longs, shorts, or staying flat.
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🎯 What This Indicator Does
Identifies Value Zones:
• 🔴 Premium Zone (50%-100%) - Price above fair value = SELL/SHORT zone
• 🟢 Discount Zone (0%-50%) - Price below fair value = BUY/LONG zone
• ⚖️ Equilibrium (50%) - Fair value center line
• Dynamic calculation based on recent swing range
Zone Classification:
• Extreme Premium (75-100%): Very expensive, strong sell zone
• Premium (61.8-75%): Expensive, sell zone
• Slight Premium (50-61.8%): Slightly expensive, weak sell
• Slight Discount (38.2-50%): Slightly cheap, weak buy
• Discount (25-38.2%): Cheap, buy zone
• Extreme Discount (0-25%): Very cheap, strong buy zone
Professional Features:
• Real-Time Position Tracking - Shows exact percentage (0-100%)
• Beautiful Gradient Visualization - Darker = more extreme
• Key Fibonacci Levels - 25%, 50%, 75%, and golden ratios
• Trading Bias - Clear BUY/SELL/NEUTRAL guidance
• Price Labels - All key levels labeled on chart
• Multiple Visual Styles - Gradient, Solid, or Lines Only
Statistics Panel:
• Current position percentage
• Current zone classification
• Trading bias (BUY/SELL/NEUTRAL)
• Range size
• Distance from equilibrium
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📚 Understanding Premium/Discount Concept
What Are Premium/Discount Zones?
Think of the market like a store with sales:
• Discount Zone (0-50%): Items on sale - BUY here
• Premium Zone (50-100%): Full price or more - SELL here
• Equilibrium (50%): Fair price - the reference point
The ICT Concept:
Price operates in ranges between swing highs and lows. Within any range:
• The bottom half (0-50%) = Discount = Buy zone
• The top half (50-100%) = Premium = Sell zone
• The middle (50%) = Equilibrium = Fair value
Why This Works:
• Institutional Behavior: Smart money buys discount, sells premium
• Value Principle: Buy low, sell high - but relative to current range
• Mean Reversion: Price tends to return to equilibrium
• Probability: Longs from discount have higher success rate
• Risk/Reward: Better R:R when buying discount, selling premium
Real-World Example:
Imagine BTC trading between $40,000 (low) and $50,000 (high):
• $40,000 - $45,000 = Discount (buy zone) 🟢
• $45,000 = Equilibrium (fair value) ⚖️
• $45,000 - $50,000 = Premium (sell zone) 🔴
If price is at $42,000 (40% position) = Deep discount = Look for LONGS
If price is at $48,000 (80% position) = Extreme premium = Look for SHORTS
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🎓 The Six Value Zones Explained
Extreme Discount (0-25%)
• What It Means: Price at "rock bottom" of current range
• Institutional Action: Heavy accumulation (buying)
• Your Action: STRONG BUY - Highest probability longs
• Strategy: Aggressive long entries, avoid shorts
• Target: Equilibrium minimum, premium zone ideal
• Stop: Below recent swing low
• Win Rate: 70-80% for long setups
Discount (25-38.2%)
• What It Means: Price is "on sale" but not extreme
• Institutional Action: Moderate accumulation
• Your Action: BUY - Good long opportunities
• Strategy: Long entries with confirmation
• Target: Equilibrium or premium
• Win Rate: 65-75% for longs
Slight Discount (38.2-50%)
• What It Means: Price approaching fair value from below
• Institutional Action: Light buying, some profit-taking
• Your Action: CAUTIOUS BUY - Lower conviction
• Strategy: Only take best setups, tight stops
• Target: Premium zone
• Win Rate: 55-65% for longs
Slight Premium (50-61.8%)
• What It Means: Price above fair value but not extreme
• Institutional Action: Light selling, some buying still
• Your Action: CAUTIOUS SELL - Lower conviction
• Strategy: Take profits on longs, consider shorts
• Target: Equilibrium or discount
• Win Rate: 55-65% for shorts
Premium (61.8-75%)
• What It Means: Price is "expensive" but not extreme
• Institutional Action: Moderate distribution (selling)
• Your Action: SELL - Good short opportunities
• Strategy: Short entries with confirmation
• Target: Equilibrium or discount
• Win Rate: 65-75% for shorts
Extreme Premium (75-100%)
• What It Means: Price at "top" of current range
• Institutional Action: Heavy distribution (selling)
• Your Action: STRONG SELL - Highest probability shorts
• Strategy: Aggressive short entries, avoid longs
• Target: Equilibrium minimum, discount ideal
• Stop: Above recent swing high
• Win Rate: 70-80% for short setups
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📊 How To Use This Indicator
Strategy 1: Pure Premium/Discount Trading
Best For: Swing trading, range-bound markets
Timeframes: 1H, 4H, Daily
Win Rate: 65-75%
Rules:
1. Wait for price to reach extreme zones (<25% or >75%)
2. Look for reversal confirmation (pin bar, engulfing, etc.)
3. Enter in direction back toward equilibrium
4. Stop: Beyond extreme zone
5. Target 1: Equilibrium (50%)
6. Target 2: Opposite extreme zone
7. Exit all at target 2
Example - Long from Discount:
• Price drops to 20% (extreme discount)
• Bullish pin bar forms
• Enter long at 22%
• Stop at 15%
• Target 1: 50% (take 50% profit)
• Target 2: 75%+ (exit remaining)
Strategy 2: Trend + Premium/Discount
Best For: Trading with higher timeframe trend
Timeframes: Combine Daily trend + 1H entries
Win Rate: 70-80%
Rules:
1. Identify higher timeframe trend (Daily/4H)
2. If uptrend: Only take longs from discount zones
3. If downtrend: Only take shorts from premium zones
4. Enter when price reaches discount/premium in trend direction
5. Stop: Beyond zone
6. Target: Previous high/low
Why It Works: Entering with trend + at value = highest probability
Strategy 3: Equilibrium Rejection
Best For: Quick scalps, day trading
Timeframes: 5min, 15min, 1H
Win Rate: 60-70%
Rules:
1. Price approaches equilibrium (50%)
2. Watch for rejection (immediate reversal)
3. If rejected from below: Enter short (premium target)
4. If rejected from above: Enter long (discount target)
5. Stop: 10-20 pips beyond equilibrium
6. Target: Next major zone (25% or 75%)
Why It Works: Equilibrium acts as magnet and barrier
Strategy 4: Multi-Timeframe Confluence
Best For: Position trading, high conviction trades
Timeframes: Combine Weekly + Daily + 4H
Win Rate: 75-85%
Rules:
1. Check all three timeframes
2. Look for alignment: All in discount OR all in premium
3. If all in discount: STRONG LONG setup
4. If all in premium: STRONG SHORT setup
5. Enter on lowest timeframe
6. Stop: Below/above lowest TF zone
7. Target: Opposite zone on highest TF
Why It Works: Timeframe alignment = institutional consensus
Strategy 5: Order Block + Premium/Discount
Best For: ICT/SMC traders
Timeframes: 15min, 1H, 4H
Win Rate: 75-85%
Rules:
1. Identify Order Block in discount zone (or premium for shorts)
2. Wait for price to reach the OB
3. Confluence of OB + discount = SUPER SETUP
4. Enter on OB test
5. Stop: Beyond OB
6. Target: Premium zone (or discount for shorts)
Why It Works: Double institutional concept = maximum probability
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⚙️ Settings Explained
Core Settings
Range Detection Length (Default: 50)
• Lookback period for calculating swing high/low
• Lower (20-30): More reactive, follows recent swings
• Higher (100-200): Slower, shows bigger picture range
• Day Trading: 30-50 bars
• Swing Trading: 50-100 bars
• Position Trading: 100-200 bars
• Recommended: 50 for most styles
Display Settings
Show Premium/Discount Zone
• Toggle each zone on/off independently
• Customize colors for each zone
• Tip: Use contrasting colors to your chart theme
Show Equilibrium (50%)
• Toggle the center fair value line
• Most important reference line
• Recommended: Keep ON
Zone Style (Default: Gradient)
• Gradient: Beautiful color gradients, darker at extremes
• Solid: Simple solid boxes
• Lines Only: Minimal lines at key levels only
• Gradient looks best for most charts
Extend to Right
• Projects zones into future bars
• Helpful for planning entries
• Recommended: ON
Additional Levels
Show Key Fib Levels (Default: ON)
• Displays 25% and 75% levels
• These mark extreme discount/premium boundaries
• Critical levels for entries
• Recommended: Keep ON
Show 61.8% / 38.2% (Default: OFF)
• Golden ratio Fibonacci levels
• Additional confluence points
• Can make chart busier
• Use if you trade Fibonacci
Show Zone Labels (Default: ON)
• Displays "PREMIUM ZONE" and "DISCOUNT ZONE" text
• Helpful for learning
• Turn OFF after you're familiar with the zones
Show Price Labels (Default: ON)
• Shows exact prices at key levels
• Appears on right side of chart
• Very useful for setting orders
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📱 Info Panel Guide
Position (%)
• Shows where price is in the range (0-100%)
• 0% = Bottom of range (extreme discount)
• 50% = Middle (equilibrium)
• 100% = Top of range (extreme premium)
• This is your primary reference number
Zone
• Text description of current position
• 6 possible zones from Extreme Discount to Extreme Premium
• Color-coded for quick reading
• Tells you immediately: should I buy or sell?
Bias
• Simple trading guidance
• BUY (Discount): Position <40% - Look for longs
• SELL (Premium): Position >60% - Look for shorts
• NEUTRAL: Position 40-60% - Be selective
• Follow the bias for highest probability
Range
• Current range size as % of price
• Larger range = More volatility = More opportunity
• Smaller range = Less volatility = Tighter zones
• Example: 5% range = decent volatility
From EQ
• Distance from equilibrium
• Positive (+) = Above equilibrium (premium side)
• Negative (-) = Below equilibrium (discount side)
• Quick reference for mean reversion trades
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📱 Alert Setup
This indicator includes 5 alert types:
1. Entering Discount Zone
• Fires when price crosses below 50% (equilibrium)
• Action: Start looking for long setups
• Market moving into buy zone
2. Entering Premium Zone
• Fires when price crosses above 50% (equilibrium)
• Action: Start looking for short setups
• Market moving into sell zone
3. Extreme Discount
• Fires when price crosses below 25%
• Action: STRONG BUY opportunity
• Highest probability long setups
4. Extreme Premium
• Fires when price crosses above 75%
• Action: STRONG SELL opportunity
• Highest probability short setups
5. Equilibrium Touch
• Fires when price touches 50% level
• Action: Watch for rejection/breakthrough
• Key decision point
To Set Up Alerts:
1. Click "Alert" button (clock icon)
2. Select "Premium/Discount Zones"
3. Choose your alert type
4. Configure notification method
5. Click "Create"
Pro Tip: Set "Extreme Discount" and "Extreme Premium" alerts for best setups
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💎 Pro Tips & Best Practices
✅ DO:
• Buy discount, sell premium - The golden rule, simple but effective
• Wait for extremes - Best trades at <25% or >75%
• Use confirmation - Price action, structure, patterns
• Check higher timeframes - HTF discount = strongest longs
• Follow the bias - Indicator tells you: buy, sell, or wait
• Target equilibrium minimum - Always a safe first target
• Scale positions - Bigger size at extreme discount/premium
• Be patient - Wait for price to reach value zones
⚠️ DON'T:
• Don't fade the zone blindly - Always wait for confirmation
• Don't buy premium - Longs from premium have low win rate
• Don't sell discount - Shorts from discount have low win rate
• Don't ignore equilibrium - 50% is critical magnet/barrier
• Don't fight strong trends - Trend can stay in premium/discount longer
• Don't use tight stops - Allow room within the zone
• Don't overtrade neutral - 40-60% range has lower probability
• Don't ignore timeframe alignment - Multi-TF confluence matters
🎯 Best Timeframes:
• Scalping: 5min, 15min (quick moves between zones)
• Day Trading: 15min, 1H (balanced view)
• Swing Trading: 1H, 4H, Daily (major value zones)
• Position Trading: Daily, Weekly (institutional value)
🔥 Best Markets:
• Excellent: Ranging markets, consolidations
• Good: Trending markets (use with HTF trend)
• Best Instruments: Forex, Indices, BTC, ETH (clean ranges)
• Moderate: Stocks (gaps can distort zones)
⏰ When It Works Best:
• Range-bound markets (oscillates between premium/discount)
• Trending markets (pullbacks to discount/premium)
• After breakouts (new range forms, new zones)
• High-volume sessions (London/NY)
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🎓 Advanced Premium/Discount Concepts
The Equilibrium Magnet
Price is constantly drawn to equilibrium (50%):
• From discount → Moves toward equilibrium (target)
• From premium → Moves toward equilibrium (target)
• At equilibrium → Decides next direction
• Trading: Always target equilibrium minimum on trades
Mean Reversion Principle
The further from equilibrium, the stronger the pull back:
• 90% position → Very high probability of drop toward 50%
• 10% position → Very high probability of rise toward 50%
• Trading: Extreme zones offer best risk/reward
Nested Ranges (Multi-Timeframe)
Larger TF range contains smaller TF ranges:
• Daily range: $40k - $50k (you're at 80% = daily premium)
• 1H range: $48k - $50k (you're at 20% = 1H discount)
• Conflict: Daily says sell, 1H says buy
• Solution: Higher timeframe wins - be cautious on longs
Range Expansion vs Contraction
• Expanding Range: High volatility, larger zones
• Contracting Range: Low volatility, smaller zones
• Trading: Best trades during range expansion
• Watch for breakouts when range contracts too much
Premium/Discount + Fair Value Gaps
When FVG appears in discount zone:
• Bullish FVG in discount = SUPER BUY setup
• Bearish FVG in premium = SUPER SELL setup
• Win Rate: 75-85% (double institutional concepts)
Equilibrium Rejection Strategy
50% level acts as support/resistance:
• Strong rejection from equilibrium = trend continuation
• Multiple tests of equilibrium = preparation for breakout
• Breakthrough equilibrium = trend reversal possible
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📈 Common Premium/Discount Patterns
Pattern 1: The Perfect Swing
• Price in extreme discount (15%)
• Reversal pattern forms
• Clean move to premium (85%)
• Textbook trade, 70%+ win rate
Pattern 2: The Equilibrium Rejection
• Price approaches 50% from below
• Gets rejected, can't break through
• Returns to discount
• 50% acts as resistance
Pattern 3: The Range Expansion
• Price breaks above old range high
• New premium zone forms at higher level
• Old premium becomes new discount
• Adjust to new range
Pattern 4: The False Premium
• Price briefly enters premium (55%)
• Immediately rejected back to discount
• "Fakeout" or stop hunt
• Actually still discount trade
Pattern 5: The Trend Extension
• Strong trend keeps price in premium for extended time
• Doesn't mean reversal imminent
• Wait for actual reversal signals
• Trend can override value zones
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🚀 What Makes This Different?
Unlike basic support/resistance, Premium/Discount Zones:
• ICT Methodology - Based on institutional value concepts
• Dynamic Calculation - Always relative to current range
• Clear Trading Bias - Know instantly: buy, sell, or wait
• Beautiful Visualization - Gradient shows intensity
• Multiple Styles - Gradient, solid, or lines
• Real-Time Tracking - Exact position percentage
• Multi-Level System - 6 zones from extreme to extreme
• Simple Yet Powerful - One rule: buy discount, sell premium
Based On Professional Concepts:
• ICT Premium/Discount theory
• Market value principles
• Mean reversion dynamics
• Institutional accumulation/distribution
• Fair value seeking behavior
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📈 Expected Performance
Based on ICT concepts and trading observations:
Win Rates by Zone:
• Extreme Discount (0-25%) longs: 70-80%
• Discount (25-40%) longs: 65-75%
• Neutral (40-60%) either direction: 50-60%
• Premium (60-75%) shorts: 65-75%
• Extreme Premium (75-100%) shorts: 70-80%
Risk/Reward by Zone:
• Extreme zones: Typically 1:3 to 1:5 R:R
• Standard zones: Typically 1:2 to 1:3 R:R
• Neutral zones: Typically 1:1 to 1:2 R:R
Best Practices:
• Only trade extreme zones (<25%, >75%) = Highest win rate
• Target equilibrium minimum = Always safe
• Use with trend = Add 10-15% to win rate
• Combine with OB/FVG = Add 15-20% to win rate
• Wait for confirmation = Essential
Common Failures:
• Strong trends ignore value zones (20-30% of time)
• Equilibrium can act as barrier instead of target
• Range breakouts invalidate current zones
• Low volatility = zones too tight to trade
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📈 Upgrade Your Trading Arsenal
This free indicator shows you market value like institutions see it. Want more?
🔥 Check out my premium scripts for:
• Automated Premium/Discount strategies with entries/exits
• Combined Premium/Discount + Order Block + FVG systems
• Multi-timeframe value analysis
• Complete ICT/SMC trading solutions
• Backtested performance tracking
• And much more...
👉 Visit my profile to trade value like the pros!
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📝 Important Notes
• Premium/Discount is relative to CURRENT range, not absolute
• Ranges change - zones recalculate as new highs/lows form
• Strong trends can stay in premium/discount longer than expected
• Always use confirmation - don't fade zones blindly
• Equilibrium (50%) is the most important reference line
• Best trades at extremes (<25% or >75%)
• Combine with structure, patterns, and risk management
• Works best in ranging and trending pullback scenarios
• Practice identifying value zones before live trading
Learning Curve:
• Week 1: Understand the 6 zones and bias
• Week 2: Practice identifying extreme zones
• Week 3-4: Combine with price action confirmation
• Month 2+: Integrate with Order Blocks and FVGs
Disclaimer: For educational purposes. Premium/Discount trading requires practice. Always use proper risk management.
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🙏 Support This Work
If this indicator helps you buy discount and sell premium:
• ⭐ Give it a thumbs up
• 💬 Share your best value trades in comments
• 🔔 Follow for more free ICT/SMC tools
• 🚀 Share with traders learning smart money concepts
Questions about Premium/Discount? Drop a comment!
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Developed with ❤️ for traders who understand the golden rule: Buy Discount, Sell Premium
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Version History
• v1.0 - Initial release with dynamic range calculation and gradient visualization
CRR - Entry SIN RETROUse in 1 minute:
EMA 15, 30, 200 → strong trend.
VWAP → institutional fair price.
RSI (8) → strength (Bull > 60, Bear < 40).
MACD → momentum direction.
Volume vs. average → ensure sufficient liquidity.
FVG (optional) → liquidity gap in your favor.
2️⃣ Signals WITHOUT PULLBACK
BUY WITHOUT PULLBACK when:
EMA15 > EMA30 > EMA200 (strong bullish trend)
MACD bullish, RSI > 60
High volume
Price above EMA15 and VWAP
(Optional) Bullish FVG in your favor
SELL WITHOUT PULLBACK when everything above is reversed (bearish).
Generate alerts:
CRR BUY 1m WITHOUT PULLBACK
CRR SELL 1m WITHOUT PULLBACK
3️⃣ Single-line HUD
When a signal appears, everything is automatically set up:
DIR: BUY / SELL / —
ENTRY: entry price
SL: 1× ATR
TP1, TP2, TP3: 1×, 2×, and 3× ATR
Everything is displayed in a compact HUD (configurable position).
🧠 In simple terms:
It's your engine for quick entries in 1M when the market is moving at full speed, without pullbacks, with everything filtered by trend, strength, volume, and FVG, and it provides you with the ENTRY–SL–TPs ready to go.
FluxPulse Beacon## FluxPulse Beacon
FluxPulse Beacon applies a microstructure lens to every bar, combining directional thrust, realized volatility, and multi-timeframe liquidity checks to decide whether the tape is being pushed by real sponsorship or just noise. The oscillator's color-coded columns and adaptive burst thresholds transform complex flow dynamics into a single actionable flux score for futures and equities traders.
HOW IT WORKS
Momentum Extraction – Price differentials over a configurable pulse distance are smoothed using exponential moving averages to isolate directional thrust without reacting to single prints.
Volatility + Liquidity Normalization – The momentum stream is divided by realized volatility and multiplied by both local and higher-timeframe EMA volume ratios, ensuring pulses only appear when volatility and liquidity align.
Adaptive Thresholding – A volatility-derived standard deviation of flux is blended with the base threshold so bursts scale automatically between low-volatility and high-volatility market conditions.
Divergence Engine – Linear regression slopes compare price vs. flux to tag bullish/bearish divergences, highlighting stealth accumulation or distribution zones.
HOW TO USE IT
Continuation Entries : Go with the trend when histogram bars stay above the adaptive threshold, the signal line confirms, and trend bias agrees—this is where liquidity-backed follow-through lives.
Fade Plays : Watch for divergence alerts and shrinking compression values; when flux prints below zero yet price grinds higher, hidden selling pressure often precedes rollovers.
Session Filter : Compression percentage in the diagnostics table instantly tells you whether to trade thin overnight sessions—low compression means stand down.
VISUAL FEATURES
Dynamic background heat maps flux magnitude, while threshold lines provide a quick read on whether a pulse is statistically significant.
Diagnostics table displays live flux, signal, adaptive threshold, and compression for quick reference.
Alert-first workflow: The surface is intentionally clean—bursts and divergences are delivered via alerts instead of on-chart clutter.
PARAMETERS
Trend EMA Length (default: 34): Defines the macro bias anchor; increase for higher-timeframe confirmation.
Pulse Distance (default: 8): Controls how sensitive momentum extraction becomes.
Volatility Window (default: 21): Sample window for realized volatility normalization.
Liquidity Window (default: 55): Volume smoothing window that proxies liquidity expansion.
Liquidity Reference TF (default: 60): Select a higher timeframe to cross-check whether current volume matches institutional flows.
Adaptive Threshold (default: enabled): Disable for fixed thresholds on slower markets; enable for high-volatility assets.
Base Burst Threshold (default: 1.25): Minimum flux magnitude that qualifies as an actionable pulse.
ALERTS
The indicator includes four alert conditions:
Bull Burst: Detects upside liquidity pulses
Bear Burst: Detects downside liquidity pulses
Bull Divergence: Flags bullish delta divergence
Bear Divergence: Flags bearish delta divergence
LIMITATIONS
This indicator is designed for liquid futures and equity markets. Performance may degrade in low-volume or highly illiquid instruments. The adaptive threshold system works best on timeframes where sufficient volatility history exists (typically 15-minute charts and above). Divergence signals are probabilistic and should be confirmed with price action.
INSERT_CHART_SNAPSHOT_URL_HERE
---
## RangeLattice Mapper
RangeLattice Mapper constructs a higher-timeframe scaffolding on any intraday chart, locking in structural highs/lows, mid/quarter grids, VWAP confluence, and live acceptance/break analytics. It provides a non-repainting overlay that turns range management into a disciplined process.
HOW IT WORKS
Structure Harvesting – Using request.security() , the script samples highs/lows from a user-selected timeframe (default 240 minutes) over a configurable lookback to establish the dominant range.
Grid Construction – Midpoint and quarter levels are derived mathematically, mirroring how institutional traders map distribution/accumulation zones.
Acceptance Detection – Consecutive closes inside the range flip an acceptance flag and darken the cloud, signaling balanced auction conditions.
Break Confirmation – Multi-bar closes outside the structure raise break labels and alerts, filtering the countless fake-outs that plague breakout traders.
VWAP Fan Overlay – Session VWAP plus ATR-based bands provide a live measure of flow centering relative to the lattice.
HOW TO USE IT
Range Plays : Fade taps of the outer rails only when acceptance is active and VWAP sits inside the grid—this is where mean-reversion works best.
Breakout Plays : Wait for confirmed break labels before entering expansion trades; the dashboard's Width/ATR metric tells you if the expansion has enough fuel.
Market Prep : Carry the same lattice from pre-market into regular trading hours by keeping the structure timeframe fixed; alerts keep you notified even when managing multiple tickers.
VISUAL FEATURES
Range Tap and Mid Pivot markers provide a tape-reading breadcrumb trail for journaling.
Cloud fill opacity tightens when acceptance persists, visually signaling balance compressions ready to break.
Dashboard displays absolute width, ATR-normalized width, and current state (Balanced vs Transitional) so you can glance across charts quickly.
Acceptance Flag toggle: Keep the repeated acceptance squares hidden until you need to audit balance.
PARAMETERS
Structure Timeframe (default: 240): Choose the timeframe whose ranges matter most (4H for indices, Daily for stocks).
Structure Lookback (default: 60): Bars sampled on the structure timeframe.
Acceptance Bars (default: 8): How many consecutive bars inside the range confirm balance.
Break Confirmation Bars (default: 3): Bars required outside the range to validate a breakout.
ATR Reference (default: 14): ATR period for width normalization.
Show Midpoint Grid (default: enabled): Display the midpoint and quarter levels.
Show Adaptive VWAP Fan (default: enabled): Toggle the VWAP channel for assets where volume distribution matters most.
Show Acceptance Flags (default: disabled): Turn the acceptance markers on/off for maximum visual control.
Show Range Dashboard (default: enabled): Disable if screen space is limited, re-enable during prep sessions.
ALERTS
The indicator includes five alert conditions:
Range High Tap: Price interacted with the RangeLattice high
Range Low Tap: Price interacted with the RangeLattice low
Range Mid Tap: Price interacted with the RangeLattice mid
Range Break Up: Confirmed upside breakout
Range Break Down: Confirmed downside breakout
LIMITATIONS
This indicator works best on liquid instruments with clear structural levels. On very low timeframes (1-minute and below), the structure may update too frequently to be useful. The acceptance/break confirmation system requires patience—faster traders may find the multi-bar confirmation too slow for scalping. The VWAP fan is session-based and resets daily, which may not suit all trading styles.
---
SPX Breadth – Stocks Above 200-day SMA//@version=6
indicator("SPX Breadth – Stocks Above 200-day SMA",
overlay = false,
max_lines_count = 500,
max_labels_count = 500)
//–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
// Inputs
group_source = "Source"
breadthSymbol = input.symbol("SPXA200R", "Breadth symbol", group = group_source)
breadthTf = input.timeframe("", "Timeframe (blank = chart)", group = group_source)
group_params = "Parameters"
totalStocks = input.int(500, "Total stocks in index", minval = 1, group = group_params)
smoothingLen = input.int(10, "SMA length", minval = 1, group = group_params)
//–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
// Breadth series (symbol assumed to be percent 0–100)
string tf = breadthTf == "" ? timeframe.period : breadthTf
float rawPct = request.security(breadthSymbol, tf, close) // 0–100 %
float breadthN = rawPct / 100.0 * totalStocks // convert to count
float breadthSma = ta.sma(breadthN, smoothingLen)
//–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
// Regime levels (0–20 %, 20–40 %, 40–60 %, 60–80 %, 80–100 %)
float lvl0 = 0.0
float lvl20 = totalStocks * 0.20
float lvl40 = totalStocks * 0.40
float lvl60 = totalStocks * 0.60
float lvl80 = totalStocks * 0.80
float lvl100 = totalStocks * 1.0
p0 = plot(lvl0, "0%", color = color.new(color.black, 100))
p20 = plot(lvl20, "20%", color = color.new(color.red, 0))
p40 = plot(lvl40, "40%", color = color.new(color.orange, 0))
p60 = plot(lvl60, "60%", color = color.new(color.yellow, 0))
p80 = plot(lvl80, "80%", color = color.new(color.green, 0))
p100 = plot(lvl100, "100%", color = color.new(color.green, 100))
// Colored zones
fill(p0, p20, color = color.new(color.maroon, 80)) // very oversold
fill(p20, p40, color = color.new(color.red, 80)) // oversold
fill(p40, p60, color = color.new(color.gold, 80)) // neutral
fill(p60, p80, color = color.new(color.green, 80)) // bullish
fill(p80, p100, color = color.new(color.teal, 80)) // very strong
//–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
// Plots
plot(breadthN, "Stocks above 200-day", color = color.orange, linewidth = 2)
plot(breadthSma, "Breadth SMA", color = color.white, linewidth = 2)
// Optional label showing live value
var label infoLabel = na
if barstate.islast
label.delete(infoLabel)
string txt = "Breadth: " +
str.tostring(breadthN, format.mintick) + " / " +
str.tostring(totalStocks) + " (" +
str.tostring(rawPct, format.mintick) + "%)"
infoLabel := label.new(bar_index, breadthN, txt,
style = label.style_label_left,
color = color.new(color.white, 20),
textcolor = color.black)
Hybrid -WinCAlgo/// 🇬🇧
Hybrid - WinCAlgo is a weighted composite oscillator designed to provide a more robust and reliable signal than the standard Relative Strength Index (RSI). It integrates four different momentum and volume metrics—RSI, Money Flow Index (MFI), Scaled CCI, and VWAP-RSI—into a single 0-100 oscillator.
This powerful tool aims to filter market noise and enhance the detection of trend reversals by confirming momentum with trading volume and volume-weighted average price action.
⚪ What is this Indicator?
The Hybrid Oscillator combines:
* RSI (40% Weight): Measures fundamental price momentum.
* VWAP-RSI (40% Weight): Measures the momentum of the Volume Weighted Average Price (VWAP), providing strong volume confirmation for trend strength.
* MFI (10% Weight): Measures money flow volume, confirming momentum with liquidity.
* Scaled CCI (10% Weight): Tracks market extremes and potential trend shifts, scaled to fit the 0-100 range.
⚪ Key Features
* Composite Strength: Blends four different market factors for a multi-dimensional view of momentum.
* Volume Integration: High weights on VWAP-RSI and MFI ensure that momentum signals are backed by trading volume.
* Advanced Divergence: The robust formula significantly enhances the detection of Bullish and Bearish Divergences, often providing an earlier signal than traditional oscillators.
* Customizable: Adjustable Lookback Length (N) and Individual Component Weights allow users to fine-tune the oscillator for specific assets or timeframes.
* Visual Clarity: Uses 40/60 bands for earlier Overbought/Oversold indications, with a gradient-styled background for intuitive visual interpretation.
⚪ Usage
Use Hybrid – WinCAlgo as your primary momentum confirmation tool:
* Divergence Signals: Trust the indicator when it fails to confirm new price highs/lows; this signals imminent trend exhaustion and reversal.
* Accumulation/Distribution: Look for the oscillator to rise/fall while the price is ranging at a bottom/top; this confirms hidden buying or selling (accumulation).
* Overbought/Oversold: Use the 60 band as the trigger for potential selling/shorting signals, and the 40 band for potential buying/longing signals.
* Noise Filter: Combine with a higher timeframe chart (e.g., 4H or Daily) to filter out gürültü (noise) and focus only on significant momentum shifts.
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Correlation Scanner📊 CORRELATION SCANNER - Financial Instruments Correlation Analyzer
🎯 ORIGINALITY AND PURPOSE
Correlation Scanner is a professional tool for analyzing correlation relationships between different financial instruments. Unlike standard correlation indicators that show the relationship between only two instruments, this script allows you to simultaneously track the correlation of up to 10 customizable instruments with a selected base asset.
The indicator is designed for traders working with cross-market analysis, portfolio diversification, and searching for related assets for arbitrage strategies.
🔧 HOW IT WORKS
The indicator uses the built-in ta.correlation() function to calculate the Pearson correlation coefficient between instrument closing prices over a specified period. Mathematical foundation:
1. Correlation Calculation: for each instrument, the correlation coefficient with the base asset is calculated over N bars (default 60)
2. Results Sorting: instruments are automatically ranked by absolute correlation value (from strongest to weakest)
3. Visualization: results are displayed in a table with color coding:
- Green: positive correlation (instruments move in the same direction)
- Red: negative correlation (instruments move in opposite directions)
- Color intensity depends on correlation strength
4. Correlation Strength Classification:
- Very Strong (💪💪💪): |r| > 0.8 — very strong relationship
- Strong (💪💪): |r| > 0.6 — strong relationship
- Medium (💪): |r| > 0.4 — medium relationship
- Weak: |r| > 0.2 — weak relationship
- Very Weak: |r| ≤ 0.2 — very weak relationship
📋 SETTINGS AND USAGE
MAIN PARAMETERS:
• Main Instrument — base instrument for comparison (default TVC:DXY - US Dollar Index)
• Correlation Period — calculation period in bars (10-500, default 60)
• Number of Instruments to Display — number of instruments to show (1-10)
• Table Position — table location on the chart
INSTRUMENT CONFIGURATION:
The indicator allows configuring up to 10 instruments for analysis. For each, you can specify:
• Instrument — instrument ticker (e.g., FX_IDC:EURUSD)
• Name — display name (emojis supported)
VISUAL SETTINGS:
• Show Chart Label with Correlation — display current chart's correlation with base instrument
• Table Header Color — table header color
• Table Row Background — table row background color
💡 USAGE EXAMPLES
1. DOLLAR IMPACT ANALYSIS: set DXY as the base instrument and track how dollar index changes affect currency pairs, gold, and cryptocurrencies
2. HEDGING ASSETS SEARCH: find instruments with strong negative correlation for risk diversification
3. PAIRS TRADING: identify assets with high positive correlation to find divergences and arbitrage opportunities
4. CROSS-MARKET ANALYSIS: track relationships between stocks, bonds, commodities, and currencies
5. SYSTEMIC RISK ASSESSMENT: identify periods of increased correlation between assets, which may indicate systemic risks
⚠️ IMPORTANT NOTES
• Correlation does NOT imply causation
• Correlation can change over time — regularly review the analysis period
• High past correlation doesn't guarantee the relationship will persist in the future
• Recommended to use the indicator in combination with fundamental analysis
🔔 ALERTS
The indicator includes a built-in alert condition: triggers when strong correlation (|r| > 0.8) is detected between the current chart and the base instrument.
Advanced ICC Multi-Timeframe 1.0Advanced ICC Multi-Timeframe Trading System
A comprehensive implementation and interpretation of the Indication, Correction, Continuation (ICC) trading methodology made popular by Trades by Sci, enhanced with advanced multi-timeframe analysis and automation features.
⚠️ CRITICAL TRADING WARNINGS:
DO NOT blindly follow BUY/SELL signals from this indicator
This indicator shows potential entry points but YOU must validate each trade
PAPER TRADE EXTENSIVELY before risking real capital
BACKTEST THOROUGHLY on your chosen instruments and timeframes
The ICC methodology requires understanding and discretion - automated signals are guidance only
This tool aids analysis but does not replace proper trade planning, risk management, or trader judgment
⚠️ Important Disclaimers:
This indicator is not endorsed by or affiliated with Trades by Sci
This is an early implementation and interpretation of the ICC methodology
May not work exactly as Trades by Sci executes his trades and entries
Requires further debugging, backtesting, and real-world validation
Completely free to use - no purchase required
I'm just one person obsessed with this method and wanted some better visualization of the chart/entries
About ICC:
The ICC method identifies complete market cycles through three phases: Indication (breakout), Correction (pullback), and Continuation (entry). This indicator automates the identification of these phases and adds powerful features for modern traders.
Key Features:
Multi-Timeframe Capabilities:
Automatic timeframe detection with optimized settings for 5m, 15m, 30m, 1H, 4H, and Daily charts
Higher timeframe overlay to view HTF ICC levels on lower timeframe charts for precise entry timing
Smart defaults that adjust swing length and consolidation detection based on your timeframe
Advanced Phase Tracking:
Complete ICC cycle tracking: Indication, Correction, Consolidation, Continuation, and No Setup phases
Live structure detection shows potential peaks/troughs before full confirmation
Intelligent invalidation logic detects failed setups when market structure reverses
Dynamic phase backgrounds for instant visual confirmation
Three Types of Entry Signals:
Traditional Entries - Price crosses back through the original indication level (strongest signals)
"BUY" (green) / "SELL" (red)
Breakout Entries - Price breaks out of consolidation range in the same direction
"BUY" (green) / "SELL" (red)
Reversal Entries (Optional, can be toggled off) - Price breaks consolidation in opposite direction, indicating failed setup
"⚠ BUY" (yellow) / "⚠ SELL" (orange)
More aggressive, counter-trend signals
Can be disabled for more conservative trading
Professional Features:
Volatility-based support/resistance zones (ATR-adjusted) that adapt to market conditions
Historical zone tracking (0-3 configurable) with visual hierarchy
Comprehensive real-time info table displaying all key metrics
Full alert system for entries, indications, and consolidation detection
Visual distinction between high-confidence trend entries and cautionary reversal entries
📖 USAGE GUIDE
Entry Signal Types:
The indicator provides three types of entry signals with visual distinction:
Strong Entries (High Confidence):
"BUY" (bright green) / "SELL" (bright red)
Includes traditional entries (crossing back through indication level) and breakout entries (breaking consolidation in trend direction)
These are trend continuation or breakout signals with higher probability
Recommended for all traders
Reversal Entries (Caution - Counter-Trend):
"⚠ BUY" (yellow) / "⚠ SELL" (orange)
Triggered when price breaks out of correction/consolidation in the OPPOSITE direction
Indicates a failed setup and potential trend reversal
More aggressive, counter-trend plays
Can be toggled off in settings for more conservative trading
Recommended only for experienced traders or after thorough backtesting
Swing Length Settings:
The swing length determines how many bars on each side are needed to confirm a swing high/low. This is the most important setting for tuning the indicator to your style.
Auto Mode (Recommended for beginners): Toggle "Use Auto Timeframe Settings" ON
5-minute: 30 bars
15-minute: 20 bars
30-minute: 12 bars
1-hour: 7 bars
4-hour: 5 bars
Daily: 3 bars
Manual Mode: Toggle "Use Auto Timeframe Settings" OFF
Lower values (3-7): More aggressive, detects smaller swings
Pros: More signals, faster entries, catches smaller moves
Cons: More noise, more false signals, requires tighter stops
Best for: Scalping, active day trading, volatile markets
Higher values (12-20): More conservative, only major swings
Pros: More reliable signals, fewer false breakouts, clearer structure
Cons: Fewer signals, delayed entries, might miss smaller opportunities
Best for: Swing trading, position trading, trending markets
Default Manual Setting: 7 bars (balanced for 1H charts)
Minimum: 3 bars
Consolidation Bars Setting:
Determines how many bars without new structure are needed before flagging consolidation.
Lower values (3-10): Faster detection, catches brief pauses, more sensitive
Best for: Lower timeframes, volatile markets, avoiding any chop
Higher values (20-40): More reliable, only flags true extended consolidation
Best for: Higher timeframes, trending markets, patient traders
Current defaults scale with timeframe (more bars needed on shorter timeframes)
Historical S/R Zones:
Shows previous support and resistance levels to provide context.
Default: 2 historical zones (shows current + 2 previous)
Range: 0-3 zones
Visual Hierarchy: Older zones are more transparent with dashed borders
Usage: Higher numbers (2-3) show more historical context but can clutter the chart. Start with 2 and adjust based on your preference.
Live Structure Feature (Yellow Warning ⚠):
Provides early warning of potential structure changes before full confirmation.
What it does: Detects potential swing highs/lows after just 2 bars instead of waiting for full swing_length confirmation
Live Peak: Shows when a high is followed by 2 lower closes (potential top forming)
Live Trough: Shows when a low is followed by 2 higher closes (potential bottom forming)
Important: These are UNCONFIRMED - they may be invalidated if price reverses
Use case: Get early awareness of potential reversals while waiting for confirmation
Displayed in: Info table only (no visual markers on chart to reduce clutter)
Only shows: Peaks higher than last swing high, or troughs lower than last swing low (filters out noise)
Higher Timeframe (HTF) Analysis:
View higher timeframe ICC structure while trading on lower timeframes.
How to enable: Toggle "Show Higher Timeframe ICC" ON
Setup: Set "Higher Timeframe" to your reference timeframe
Example: Trading on 15-minute? Set HTF to 240 (4-hour) or 60 (1-hour)
Example: Trading on 5-minute? Set HTF to 60 (1-hour) or 15 (15-minute)
What it shows:
HTF indication levels displayed as dashed lines
Blue = HTF Bullish Indication
Purple = HTF Bearish Indication
HTF phase and levels shown in info table
Trading workflow:
Check HTF phase for overall market direction
Wait for HTF correction phase
Drop to lower timeframe to find precise entries
Enter when lower TF shows continuation in alignment with HTF
Best practice: HTF should be 3-4x your trading timeframe for best results
Reversal Entries Toggle:
Default: ON (shows all signal types)
Toggle OFF for more conservative trading (only trend continuation signals)
Recommended: Backtest with both settings to see which works better for your style
New traders should consider disabling reversal entries initially
Volatility-Based Zones:
When enabled, support/resistance zones automatically adjust their height based on ATR (Average True Range).
More volatile = wider zones
Less volatile = tighter zones
Toggle OFF for fixed-width zones
Community Feedback Welcome:
This is an evolving project and your input is valuable! Please share:
Bug reports and issues you encounter
Feature requests and suggestions for improvement
Results from your backtesting and live trading experience
Feedback on the reversal entry feature (too aggressive? working well?)
Ideas for better aligning with the ICC methodology
Perfect for traders learning or implementing the ICC methodology with the benefit of modern automation, multi-timeframe analysis, and flexible entry signal options.
Echo Chamber [theUltimator5]The Echo Chamber - When history repeats, maybe you should listen.
Ever had that eerie feeling you've seen this exact price action before? The Echo Chamber doesn't just give you déjà vu—it mathematically proves it, scales it, and projects what happened next.
📖 WHAT IT DOES
The Echo Chamber is an advanced pattern recognition tool that scans your chart's history to find segments that closely match your current price action. But here's where it gets interesting: it doesn't just find similar patterns - It expands and contracts the time window to create a uniquely scaled fractal. Patterns don't always follow the same timeframe, but they do follow similar patterns.
Using a custom correlation analysis algorithm combined with flexible time-scaling, this indicator:
Finds historical price segments that mirror your current market structure
Scales and overlays them perfectly onto your current chart
Projects forward what happened AFTER that historical match
Gives you a visual "echo" from the past with a glimpse into potential futures
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HOW TO USE IT
This indicator starts off in manual mode, which means that YOU, the user, can select the point in time that you want to project from. Simply click on a point in time to set the starting value.
Once you select your point in time, the indicator will automatically plot the chosen historical chart pattern and correlation over the current chart and project the price forwards based on how the chart looked in the past. If you want to change the point in time, you can update it from the settings, or drag the point on the chart over to a new position.
You can manually select any point in time, and the chart will quickly update with the new pattern. A correlation will be shown in a table alongside the date/timestamp of the selected point in time.
You can switch to auto mode, which will automatically search out the best-fit pattern over a defined lookback range and plot the past/future projection for you without having to manually select a point in time at all. It simply finds the best fit for you.
You can change the scale factor by adjusting multiplication and division variables to find time-scaled fractal patterns.
══════════════════════════════
🎯 KEY FEATURES
Two Operating Modes:
🔧 MANUAL MODE - Select any historical point and see how it correlates with current price action in real-time. Perfect for:
• Analyzing specific past events (crashes, rallies, consolidations)
• Testing historical patterns against current conditions
• Educational analysis of market structure repetition
🤖 AUTO MODE - It automatically scans through your lookback period to find the single best-correlated historical match. Ideal for:
• Quick pattern discovery
• Systematic trading approach
• Unbiased pattern recognition
Time Warp Technology:
The time warp feature expands and compresses the correlation window to provide a custom fractal so you can analyze windows of time that don't necessarily match the current chart.
💡 *Example: Multiplier=3, Divisor=2 gives you a 1.5x time stretch—perfect for finding patterns that played out 50% slower than current price action.*
Drawing Modes:
Scale Only : Pure vertical scaling—matches price range while maintaining temporal alignment at bar 0
Rotate & Scale : Advanced geometric transformation that anchors both the start AND end points, creating a rotated fit that matches your current segment's slope and range
Visual Components:
🟠 Orange Overlay : The historical match, perfectly scaled to your current price action
🟣 Purple Projection : What happened NEXT after that historical pattern (dotted line into the future)
📦 Highlight Boxes : Shows you exactly where in history these patterns came from
📊 Live Correlation Table : Real-time correlation coefficient with color-coded strength indicator
══════════════════════════════
⚙️ PARAMETERS EXPLAINED
Correlation Window Length (20) : How many bars to match. Smaller = more precise matches but noisier. Larger = broader patterns but fewer matches.
Note: if this value is too high in auto mode, the script may time out from computational overload.
Multiplication Factor : Historical time multiplier. 2 = sample every 2nd bar from history. Higher values find slower historical patterns.
Division Factor : Historical time divisor applied after multiplication. Final sample rate = (Length × Factor) ÷ Divisor, rounded down.
Lookback Range : How far back to search for patterns. More history = better chance of finding matches but slower performance.
Note: if this value is too high in auto mode, the script may time out from computational overload.
Future Projection Length : How many bars forward to project from the historical match. Your crystal ball's focal length.
══════════════════════════════
💼 TRADING APPLICATIONS
Trend Continuation/Reversal :
If the purple projection continues the current trend, that's your historical confirmation. If it reverses, you've found a potential turning point that's happened before under similar conditions.
Support/Resistance Validation :
Does the projection respect your S/R levels? History suggests those levels matter. Does it break through? You've found historical precedent for a breakout.
Time-Based Exits :
The projection shows not just WHERE price might go, but WHEN. Use it to anticipate timing of moves.
Multi-Timeframe Analysis :
Use time compression to overlay higher timeframe patterns onto lower timeframes. See daily patterns on hourly charts, weekly on daily, etc.
Pattern Education :
In Manual Mode, study how specific historical events correlate with current conditions. Build your pattern recognition library.
══════════════════════════════
📊 CORRELATION TABLE
The table shows your correlation coefficient as a percentage:
80-100%: Extremely strong correlation—history is practically repeating
60-80%: Strong correlation—significant similarity
40-60%: Moderate correlation—some structural similarity
20-40%: Weak correlation—limited similarity
0-20%: Very weak correlation—essentially random match
-20-40%: Weak inverse correlation
-40-60%: Moderate inverse correlation
-60-80%: Strong inverse correlation
-80-100%: Extremely strong inverse correlation—history is practically inverting
**Important**: The correlation measures SHAPE similarity, not price level. An 85% correlation means the price movements follow a very similar pattern, regardless of whether prices are higher or lower.
══════════════════════════════
⚠️ IMPORTANT DISCLAIMERS
- Past performance does NOT guarantee future results (but it sure is interesting to study)
- High correlation doesn't mean causation—markets are complex adaptive systems
- Use this as ONE tool in your analytical toolkit, not a standalone trading system
- The projection is what HAPPENED after a similar pattern in the past, not a prediction
- Always use proper risk management regardless of what the Echo Chamber suggests
══════════════════════════════
🎓 PRO TIPS
1. Start with Auto Mode to find high-correlation matches, then switch to Manual Mode to study why that period was similar
2. Experiment with time warping on different timeframes—a 2x factor on a daily chart lets you see weekly patterns
3. Watch for correlation decay —if correlation drops sharply after the match, current conditions are diverging from history
4. Combine with volume —check if volume patterns also match
5. Use "Rotate & Scale" mode when the current trend angle differs from the historical match
6. Increase lookback range to 500-1000+ on daily/weekly charts for finding rare historical parallels
══════════════════════════════
🔧 TECHNICAL NOTES
- Uses Pearson correlation coefficient for pattern matching
- Implements range-based scaling to normalize different price levels
- Rotation mode uses linear interpolation for geometric transformation
- All calculations are performed on close prices
- Boxes highlight actual historical bar ranges (high/low)
- Maximum of 500 lines and 500 boxes for performance optimization
Volatility Regime NavigatorA guide to understanding VIX, VVIX, VIX9D, VVIX/VIX, and the Composite Risk Score
1. Purpose of the Indicator
This dashboard summarizes short-term market volatility conditions using four core volatility metrics.
It produces:
• Individual readings
• A combined Regime classification
• A Composite Risk Score (0–100)
• A simplified Risk Bucket (Bullish → Stress)
Use this to evaluate market fragility, drift potential, tail-risk, and overall risk-on/off conditions.
This is especially useful for intraday ES/NQ trading, expected-move context, and understanding when breakouts or fades have edge.
2. The Four Core Volatility Inputs
(1) VIX — Baseline Equity Volatility
• < 16: Complacent (easy drift-up, but watch for fragility)
• 16–22: Healthy, normal volatility → ideal trading conditions
• > 22: Stress rising
• > 26: Tail-risk / risk-off environment
(2) VIX9D — Short-Term Event Vol
Measures 9-day implied volatility. Reacts to immediate news/events.
• < 14: Strongly bullish (drift regime)
• 14–17: Bullish to neutral
• 17–20: Event risk building
• > 20: Short-term stress / caution
(3) VVIX — Volatility of VIX (fragility index)
Tracks volatility of volatility.
• < 100: “Bullish, Bullish” — very low fragility
• 100–120: Normal
• 120–140: Fragile
• > 140: Stress, hedging pressure
(4) VVIX/VIX Ratio — Microstructure Risk-On/Risk-Off
One of the most sensitive indicators of market confidence.
• 5.0–6.5: Strongest “normal/bullish” zone
• < 5.0: Bottom-stalking / fear regime
• > 6.5: Complacency → vulnerable to reversals
• > 7.5: Fragile / top-risk
3. Composite Risk Score (0–100)
The dashboard converts all four inputs into a single score.
Score Interpretation
• 80–100 → Bullish - Drift regime. Shallow pullbacks. Upside favored.
• 60–79 → Normal - Healthy tape. Balanced two-way trading.
• 40–59 → Fragile - Choppy, failed breakouts, thinner liquidity.
• 20–39 → Risk-Off - Downside tails active. Favor fades and defensive behavior.
• < 20 → Stress - Crisis or event-driven tape. Avoid longs.
Score updates every bar.
4. Regime Label
Independent of the composite score, the script provides a Regime classification based on combinations of VIX + VVIX/VIX:
• Bullish+ → Buying is easy, tape lifts passively
• Normal → Cleanest and most tradable conditions
• Complacent → Top-risk; be careful chasing upside
• Mixed → Signals conflict; chop potential
• Bottom Stalk → High VIX, low VVIX/VIX (capitulation signatures)
A trailing “+” or “*” indicates additional bullish or caution overlays from VIX9D/VVIX.
5. How to Use the Dashboard in Trading
When Bullish (Score ≥ 80):
• Expect drift-up behavior
• Downside limited unless catalyst hits
• Structure favors breakouts and trend continuation
• Mean reversion trades have lower expectancy
When Normal (Score 60–79):
• The “playbook regime”
• Breakouts and mean reversion both valid
• Best overall trading environment
When Fragile (Score 40–59):
• Expect chop
• Breakouts fail
• Take quicker profits
• Avoid overleveraged directional bets
When Risk-Off (20–39):
• Favor fades of strength
• Downside tails activate
• Trend-following short setups gain edge
• Respect volatility bands
When Stress (<20):
• Avoid long exposure
• Do not chase dips
• Expect violent, news-sensitive behavior
• Position sizing becomes critical
6. Quick Summary
• VIX = weather
• VIX9D = short-term storm radar
• VVIX = foundation stability
• VVIX/VIX = confidence vs fragility
• Composite Score = overall regime health
• Risk Bucket = simple “what do I do?” label
This dashboard gives traders a high-confidence, low-noise view of equity volatility conditions in real time.
Dual TF Bearish Divergence (Working)//@version=6
indicator("Dual TF Bearish Divergence (Working)", overlay=true)
// ----------------- SIMPLE BEARISH DIVERGENCE FUNCTION -------------------
bearDiv(src, rsiLen, lookbackMin, lookbackMax) =>
r = ta.rsi(src, rsiLen)
ph = ta.pivothigh(src, lookbackMin, lookbackMin)
ph_rsi = ta.pivothigh(r, lookbackMin, lookbackMin)
ph2 = ph
ph2_rsi = ph_rsi
priceHH = not na(ph) and not na(ph2) and ph > ph2
rsiLH = not na(ph_rsi) and not na(ph2_rsi) and ph_rsi < ph2_rsi
barsOk = lookbackMin >= lookbackMin and lookbackMin <= lookbackMax
priceHH and rsiLH and barsOk
// ----------------- TF CALLS -------------------
b60 = request.security(syminfo.tickerid, "60", bearDiv(close, 14, 10, 15))
b240 = request.security(syminfo.tickerid, "240", bearDiv(close, 14, 10, 15))
dual = b60 and b240
// ----------------- PLOT -------------------
plotshape(dual, title="Dual Bear Div", style=shape.labeldown,
color=color.red, size=size.small, text="🔻BearDiv")
// ----------------- ALERT -------------------
alertcondition(dual, "Dual Bearish Div 60+240",
"Bearish Divergence on both 60m & 240m")
Reversal_Detector//@version=6
indicator("상승 반전 탐지기 (Reversal Detector)", overlay=true)
// ==========================================
// 1. 설정 (Inputs)
// ==========================================
rsiLen = input.int(14, title="RSI 길이")
lbR = input.int(5, title="다이버전스 확인 범위 (오른쪽)")
lbL = input.int(5, title="다이버전스 확인 범위 (왼쪽)")
rangeUpper = input.int(60, title="RSI 과매수 기준")
rangeLower = input.int(30, title="RSI 과매도 기준")
// ==========================================
// 2. RSI 상승 다이버전스 계산 (핵심 로직)
// ==========================================
osc = ta.rsi(close, rsiLen)
// 피벗 로우(Pivot Low) 찾기: 주가의 저점
plFound = na(ta.pivotlow(osc, lbL, lbR)) ? false : true
// 다이버전스 조건 확인
// 1) 현재 RSI 저점이 이전 RSI 저점보다 높아야 함 (상승)
// 2) 현재 주가 저점이 이전 주가 저점보다 낮아야 함 (하락)
showBull = false
if plFound
// 이전 피벗 지점 찾기
oscLow = osc
priceLow = low
// 과거 데이터를 탐색하여 직전 저점과 비교
for i = 1 to 60
if not na(ta.pivotlow(osc, lbL, lbR) ) // 이전에 저점이 있었다면
prevOscLow = osc
prevPriceLow = low
// 다이버전스 조건: 가격은 더 떨어졌는데(Lower Low), RSI는 올랐을 때(Higher Low)
if priceLow < prevPriceLow and oscLow > prevOscLow and oscLow < rangeLower
showBull := true
break // 하나 찾으면 루프 종료
// ==========================================
// 3. 보조 조건 (MACD 골든크로스 & 이평선)
// ==========================================
= ta.macd(close, 12, 26, 9)
macdCross = ta.crossover(macdLine, signalLine) // MACD 골든크로스
ma5 = ta.sma(close, 5)
ma20 = ta.sma(close, 20)
maCross = ta.crossover(ma5, ma20) // 5일선이 20일선 돌파
// ==========================================
// 4. 시각화 (Plotting)
// ==========================================
// 1) 상승 다이버전스 발생 시 (강력한 바닥 신호)
plotshape(showBull,
title="상승 다이버전스",
style=shape.labelup,
location=location.belowbar,
color=color.red,
textcolor=color.white,
text="Bull Div\n(바닥신호)",
size=size.small,
offset=-lbR) // 과거 시점에 표시
// 2) MACD 골든크로스 (추세 확인용)
plotshape(macdCross and macdLine < 0, // 0선 아래에서 골든크로스 날 때만
title="MACD 골든크로스",
style=shape.triangleup,
location=location.belowbar,
color=color.yellow,
size=size.tiny,
text="MACD")
// 3) 이동평균선
plot(ma5, color=color.blue, title="5일선")
plot(ma20, color=color.orange, title="20일선")
// 알림 설정
alertcondition(showBull, title="상승 다이버전스 포착", message="상승 다이버전스 발생! 추세 반전 가능성")
Trend Trader//@version=6
indicator("Trend Trader", shorttitle="Trend Trader", overlay=true)
// User-defined input for moving averages
shortMA = input.int(10, minval=1, title="Short MA Period")
longMA = input.int(100, minval=1, title="Long MA Period")
// User-defined input for the instrument selection
instrument = input.string("US30", title="Select Instrument", options= )
// Set target values based on selected instrument
target_1 = instrument == "US30" ? 50 :
instrument == "NDX100" ? 25 :
instrument == "GER40" ? 25 :
instrument == "GOLD" ? 5 : 5 // default value
target_2 = instrument == "US30" ? 100 :
instrument == "NDX100" ? 50 :
instrument == "GER40" ? 50 :
instrument == "GOLD" ? 10 : 10 // default value
// User-defined input for the start and end times with default values
startTimeInput = input.int(12, title="Start Time for Session (UTC, in hours)", minval=0, maxval=23)
endTimeInput = input.int(17, title="End Time Session (UTC, in hours)", minval=0, maxval=23)
// Convert the input hours to minutes from midnight
startTime = startTimeInput * 60
endTime = endTimeInput * 60
// Function to convert the current exchange time to UTC time in minutes
toUTCTime(exchangeTime) =>
exchangeTimeInMinutes = exchangeTime / 60000
// Adjust for UTC time
utcTime = exchangeTimeInMinutes % 1440
utcTime
// Get the current time in UTC in minutes from midnight
utcTime = toUTCTime(time)
// Check if the current UTC time is within the allowed timeframe
isAllowedTime = (utcTime >= startTime and utcTime < endTime)
// Calculating moving averages
shortMAValue = ta.sma(close, shortMA)
longMAValue = ta.sma(close, longMA)
// Plotting the MAs
plot(shortMAValue, title="Short MA", color=color.blue)
plot(longMAValue, title="Long MA", color=color.red)
// MACD calculation for 15-minute chart
= request.security(syminfo.tickerid, "15", ta.macd(close, 12, 26, 9))
macdColor = macdLine > signalLine ? color.new(color.green, 70) : color.new(color.red, 70)
// Apply MACD color only during the allowed time range
bgcolor(isAllowedTime ? macdColor : na)
// Flags to track if a buy or sell signal has been triggered
var bool buyOnce = false
var bool sellOnce = false
// Tracking buy and sell entry prices
var float buyEntryPrice_1 = na
var float buyEntryPrice_2 = na
var float sellEntryPrice_1 = na
var float sellEntryPrice_2 = na
if not isAllowedTime
buyOnce :=false
sellOnce :=false
// Logic for Buy and Sell signals
buySignal = ta.crossover(shortMAValue, longMAValue) and isAllowedTime and macdLine > signalLine and not buyOnce
sellSignal = ta.crossunder(shortMAValue, longMAValue) and isAllowedTime and macdLine <= signalLine and not sellOnce
// Update last buy and sell signal values
if (buySignal)
buyEntryPrice_1 := close
buyEntryPrice_2 := close
buyOnce := true
if (sellSignal)
sellEntryPrice_1 := close
sellEntryPrice_2 := close
sellOnce := true
// Apply background color for entry candles
barcolor(buySignal or sellSignal ? color.yellow : na)
/// Creating buy and sell labels
if (buySignal)
label.new(bar_index, low, text="BUY", style=label.style_label_up, color=color.green, textcolor=color.white, yloc=yloc.belowbar)
if (sellSignal)
label.new(bar_index, high, text="SELL", style=label.style_label_down, color=color.red, textcolor=color.white, yloc=yloc.abovebar)
// Creating labels for 100-point movement
if (not na(buyEntryPrice_1) and close >= buyEntryPrice_1 + target_1)
label.new(bar_index, high, text=str.tostring(target_1), style=label.style_label_down, color=color.green, textcolor=color.white, yloc=yloc.abovebar)
buyEntryPrice_1 := na // Reset after label is created
if (not na(buyEntryPrice_2) and close >= buyEntryPrice_2 + target_2)
label.new(bar_index, high, text=str.tostring(target_2), style=label.style_label_down, color=color.green, textcolor=color.white, yloc=yloc.abovebar)
buyEntryPrice_2 := na // Reset after label is created
if (not na(sellEntryPrice_1) and close <= sellEntryPrice_1 - target_1)
label.new(bar_index, low, text=str.tostring(target_1), style=label.style_label_up, color=color.red, textcolor=color.white, yloc=yloc.belowbar)
sellEntryPrice_1 := na // Reset after label is created
if (not na(sellEntryPrice_2) and close <= sellEntryPrice_2 - target_2)
label.new(bar_index, low, text=str.tostring(target_2), style=label.style_label_up, color=color.red, textcolor=color.white, yloc=yloc.belowbar)
sellEntryPrice_2 := na // Reset after label is created
Smart MACD Divergence ScannerOriginal Base Indicator: "CM_MacD_Ult_MTF" by ChrisMoody
This indicator builds upon ChrisMoody's excellent multi-timeframe MACD foundation and transforms it into a professional divergence scanner with advanced quality assessment and filtering capabilities. The original MACD visualization and MTF functionality have been preserved while adding completely new divergence detection, scoring, and filtering systems.
🎯 What Makes This Indicator Unique:
Smart MACD Divergence Scanner is a professional tool for detecting MACD-based divergences with an advanced filtering system and signal quality assessment. Unlike standard divergence indicators, this version includes innovative features:
Adaptive Quality Scoring System — each signal receives a score from 0 to 100 based on multiple factors
Volatility Filter — automatic signal suppression during low market volatility periods
Multi-Timeframe Confirmation — divergence verification on higher timeframe for increased reliability
Divergence Strength Analysis — calculation of percentage difference between price and indicator movement
Information Dashboard — detailed real-time signal statistics
Cooldown System — prevention of multiple consecutive signals
💡 How It Works:
The indicator uses the classic divergence concept — the divergence between price movement and the MACD oscillator. However, instead of simple pivot detection, the algorithm:
Scans the market for local extremes (pivots) on price and MACD histogram
Searches for divergences — when price updates low/high while MACD shows opposite movement
Assesses quality — analyzes divergence strength, volatility, higher timeframe confirmation
Filters noise — eliminates weak signals through threshold system and cooldown
Generates signal — only when all quality criteria are met
🔧 Key Parameters:
MACD Settings: Fast Length (12), Slow Length (26), Signal Length (9)
Divergence Detection: Pivot Lookback (5), Max Lookback Range (60), Min Divergence Strength (15%)
Quality Filters: Min Quality Score (60), Volatility Filter, MTF Confirmation, Signal Cooldown (5)
📊 How to Use:
Add indicator to chart — it will automatically start scanning
Configure filters — start with default settings, then adapt to your trading style
Watch for signals: 🟢 Green "BUY" label = bullish divergence, 🔴 Red "SELL" label = bearish divergence
Check quality score on labels (Q: XX)
Use information panel to monitor statistics and current market conditions
⚙️ Settings Guide:
For swing trading (4H-Daily): Increase Pivot Lookback to 7-10, set Min Quality Score to 70+
For day trading (15m-1H): Keep default settings, enable all filters
For scalping (1m-5m): Decrease Min Quality Score to 50, disable MTF Confirmation
For volatile markets (crypto): Increase Min Divergence Strength to 20-25%, enable Volatility Filter
⚠️ Important Notes:
Divergences are probabilistic signals, not guaranteed reversals
Use additional confirmation (support/resistance levels, volume, price action)
Adjust parameters for specific asset and timeframe
Signals appear with Pivot Lookback bars delay (retrospective confirmation)
On volatile markets, increase Min Quality Score to reduce false signals
GRA v5 SNIPER# GRA v5 SNIPER - Documentation & Cheatsheet
## 🎯 Get Rich Aggressively v5 - SNIPER Edition
**Precision Futures Scalping | NQ • ES • YM • GC • BTC**
> **Philosophy:** *Quality over quantity. One sniper shot beats ten spray-and-pray attempts.*
---
## ⚡ QUICK CHEATSHEET
```
┌─────────────────────────────────────────────────────────────────────────────┐
│ GRA v5 SNIPER - QUICK REFERENCE │
├─────────────────────────────────────────────────────────────────────────────┤
│ │
│ 🎯 SIGNAL REQUIREMENTS (ALL MUST BE TRUE): │
│ ═══════════════════════════════════════════ │
│ ✓ Tier → B minimum (20+ pts NQ) │
│ ✓ Volume → 1.5x+ average │
│ ✓ Delta → 60%+ dominance (buyers OR sellers) │
│ ✓ Body → 70%+ of candle range │
│ ✓ Range → 1.3x+ average candle size │
│ ✓ Wicks → Small opposite wick (<50% of body) │
│ ✓ CVD → Trending with signal direction │
│ ✓ Session → London (3-5am ET) OR NY (9:30-11:30am ET) │
│ │
├─────────────────────────────────────────────────────────────────────────────┤
│ │
│ 📊 TIER ACTIONS: │
│ ════════════════ │
│ S-TIER (100+ pts) → 🥇 HOLD position, ride the wave │
│ A-TIER (50-99 pts) → 🥈 SWING for 2-3 minutes │
│ B-TIER (20-49 pts) → 🥉 SCALP quick, 30-60 seconds │
│ │
├─────────────────────────────────────────────────────────────────────────────┤
│ │
│ 🚨 ENTRY CHECKLIST: │
│ ═══════════════════ │
│ □ Signal appears (S🎯, A🎯, or B🎯) │
│ □ Table shows: Vol GREEN, Delta colored, Body GREEN │
│ □ CVD arrow matches direction (▲ for long, ▼ for short) │
│ □ Session active (LDN! or NY! in yellow) │
│ □ Enter at close of signal candle │
│ │
├─────────────────────────────────────────────────────────────────────────────┤
│ │
│ ⛔ DO NOT TRADE WHEN: │
│ ════════════════════ │
│ ✗ Session shows "---" (outside key hours) │
│ ✗ Vol shows RED (below 1.5x) │
│ ✗ Body shows RED (weak candle structure) │
│ ✗ Delta below 60% (no clear dominance) │
│ ✗ Multiple conflicting signals │
│ │
├─────────────────────────────────────────────────────────────────────────────┤
│ │
│ 📈 INSTRUMENT SETTINGS: │
│ ════════════════════════ │
│ NQ/ES (1-3 min): S=100, A=50, B=20 pts │
│ YM (1-5 min): S=100, A=50, B=25 pts │
│ GC (5-15 min): S=15, A=8, B=4 pts │
│ BTC (1-15 min): S=500, A=250, B=100 pts │
│ │
└─────────────────────────────────────────────────────────────────────────────┘
```
---
## 📋 DETAILED DOCUMENTATION
### What Makes SNIPER Different?
The SNIPER edition eliminates 80%+ of signals compared to standard GRA. Every signal that passes through has been validated by **8 independent filters**:
| Filter | Standard GRA | SNIPER GRA | Why It Matters |
|--------|-------------|------------|----------------|
| Volume | 1.3x avg | **1.5x avg** | Institutional participation |
| Delta | 55% | **60%** | Clear buyer/seller control |
| Body Ratio | None | **70%+** | No dojis or spinners |
| Range | None | **1.3x avg** | Significant price movement |
| Wicks | None | **<50% body** | Conviction in direction |
| CVD | None | **Required** | Trend confirmation |
| B-Tier Min | 10 pts | **20 pts** | Filter noise |
| Session | Optional | **Required** | Institutional hours |
---
### Signal Anatomy
When you see a signal like `A🎯`, here's what passed validation:
```
Signal: A🎯 LONG at 21,450.00
Validation Breakdown:
├── Points: 67.5 pts ✓ (A-Tier = 50-99)
├── Volume: 2.1x avg ✓ (≥1.5x required)
├── Delta: 68% Buyers ✓ (≥60% required)
├── Body: 78% of range ✓ (≥70% required)
├── Range: 1.6x avg ✓ (≥1.3x required)
├── Wick: Upper 15% ✓ (<50% of body)
├── CVD: ▲ Rising ✓ (Matches LONG)
└── Session: NY! ✓ (Active session)
RESULT: VALID SNIPER SIGNAL
```
---
### Table Legend
| Field | Reading | Color Meaning |
|-------|---------|---------------|
| **Pts** | Point movement | Gold/Green/Yellow = Tiered |
| **Tier** | S/A/B/X | Gold/Green/Yellow/White |
| **Vol** | Volume ratio | 🟢 ≥1.5x, 🔴 <1.5x |
| **Delta** | Buy/Sell % | 🟢 Buy dom, 🔴 Sell dom, ⚪ Neutral |
| **Body** | Body % of range | 🟢 ≥70%, 🔴 <70% |
| **CVD** | Cumulative delta | ▲ Bullish trend, ▼ Bearish trend |
| **Sess** | Session status | 🟡 Active, ⚫ Inactive |
---
### Trading Rules
#### Entry Rules
1. **Wait for signal** - Don't anticipate
2. **Verify table** - All conditions GREEN
3. **Enter at candle close** - Not during formation
4. **Position size by tier:**
- S-Tier: Full size
- A-Tier: 75% size
- B-Tier: 50% size
#### Exit Rules
| Tier | Target | Max Hold Time |
|------|--------|---------------|
| S | Let it run | 5-10 minutes |
| A | 1:1.5 R:R | 2-3 minutes |
| B | 1:1 R:R | 30-60 seconds |
#### Stop Loss
- Place at **opposite end of signal candle**
- For S-Tier: Allow 50% retracement
- For B-Tier: Tight stop, quick exit
---
### Session Priority
```
LONDON OPEN (3:00-5:00 AM ET)
════════════════════════════
• Best for: GC, European indices
• Characteristics: Stop hunts, reversals
• Look for: Sweeps of Asian session levels
NY OPEN (9:30-11:30 AM ET)
════════════════════════════
• Best for: NQ, ES, YM
• Characteristics: High volume, trends
• Look for: Continuation after 10 AM
```
---
### Common Mistakes to Avoid
| Mistake | Why It's Bad | Solution |
|---------|-------------|----------|
| Trading outside sessions | Low volume = fake moves | Wait for LDN! or NY! |
| Ignoring weak body | Dojis reverse | Body must be 70%+ |
| Fighting CVD | Swimming upstream | CVD must confirm |
| Oversizing B-Tier | Small moves = small size | 50% max on B |
| Chasing missed signals | FOMO loses money | Wait for next setup |
---
### Alert Setup
Configure these alerts in TradingView:
| Alert | Priority | Action |
|-------|----------|--------|
| 🎯 S-TIER LONG/SHORT | 🔴 High | Drop everything, check chart |
| 🎯 A-TIER LONG/SHORT | 🟠 Medium | Evaluate within 30 seconds |
| 🎯 B-TIER LONG/SHORT | 🟢 Low | Quick glance if available |
| LONDON/NY OPEN | 🔵 Info | Prepare for action |
---
### Pine Script v6 Notes
This indicator uses Pine Script v6 features:
- `request.security_lower_tf()` for intrabar delta
- Type inference for cleaner code
- Array operations for CVD calculation
**Minimum TradingView Plan:** Pro (for intrabar data)
---
## 🏆 Golden Rule
> **"If you have to convince yourself it's a good signal, it's not a good signal."**
The SNIPER edition is designed so that when a signal appears, there's nothing to think about. If all conditions are met, you trade. If any condition fails, you wait.
**Leave every trade with money. That's the goal.**
---
*© Alexandro Disla - Get Rich Aggressively v5 SNIPER*
*Pine Script v6 | TradingView*
