Inizia

Supporto e resistenza

PriceLevels GBHOW-TO: Goldbach Price Levels – Identify Algorithmic Key Zones This open-source indicator highlights specific price levels ending with numbers like 03, 11, 29, 35, 65, and 71. These values are often observed at key reversal or hesitation points and may align with algorithmic behavior patterns in the market. What it does: – Automatically scans and marks horizontal price levels containing these number endings – You can toggle visibility for each number type – Each level can have a custom color and line thickness – Labels show price values at the end of each line – Label color and transparency are fully customizable to match dark or light chart styles This tool is designed to help traders visually spot recurring patterns that might otherwise go unnoticed. It’s ideal for discretionary traders who want to study market structure through static price references. This script is open-source and published for educational use. For feedback or improvements, feel free to reach out via private message on TradingView.
Indicatore Pine Script®
di theunlockedtrading
5
Supply & Demand Zones - [RealFact]Supply & Demand Zones - This indicator automatically detects potential Supply and Demand Zones based on price action characteristics such as imbalance, engulfing patterns, and structural shifts. It’s designed to help traders identify key areas of interest where price is likely to react. 🔍 Features: • Auto-detection of Demand (support) and Supply (resistance) zones • Adjustable zone length • Color-coded: Green for Demand zones, Red for Supply zones 🧠 Ideal For: • Price Action Traders • Order Block and Smart Money Strategy Users • Those trading using FVG or structural break models ⚠️ Note: This tool is intended for visual aid and market context analysis, not as a direct buy/sell signal. Always use it alongside your trading system and risk management plan. ✅ Created by
Indicatore Pine Script®
di pengprakhon
1
Levels Of Interest------------------------------------------------------------------------------------ LEVELS OF INTEREST (LOI) TRADING INDICATOR GUIDE ------------------------------------------------------------------------------------ Table of Contents: 1. Indicator Overview & Core Functionality 2. VWAP Foundation & Historical Context 3. Multi-Timeframe VWAP Analysis 4. Moving Average Integration System 5. Trend Direction Signal Detection 6. Visual Design & Display Features 7. Custom Level Integration 8. Repaint Protection Technology 9. Practical Trading Applications 10. Setup & Configuration Recommendations ------------------------------------------------------------------------------------ 1. INDICATOR OVERVIEW & CORE FUNCTIONALITY ------------------------------------------------------------------------------------ The LOI indicator combines multiple VWAP calculations with moving averages across different timeframes. It's designed to show where institutional money is flowing and help identify key support and resistance levels that actually matter in today's markets. Primary Functions: - Multi-timeframe VWAP analysis (Daily, Weekly, Monthly, Yearly) - Advanced moving average integration (EMA, SMA, HMA) - Real-time trend direction detection - Institutional flow analysis - Dynamic support/resistance identification Target Users: Day traders, swing traders, position traders, and institutional analysts seeking comprehensive market structure analysis. ------------------------------------------------------------------------------------ 2. VWAP FOUNDATION & HISTORICAL CONTEXT ------------------------------------------------------------------------------------ Historical Development: VWAP started in the 1980s when big institutional traders needed a way to measure if they were getting good fills on their massive orders. Unlike regular price averages, VWAP weighs each price by the volume traded at that level. This makes it incredibly useful because it shows you where most of the real money changed hands. Mathematical Foundation: The basic math is simple: you take each price, multiply it by the volume at that price, add them all up, then divide by total volume. What you get is the true "average" price that reflects actual trading activity, not just random price movements. Formula: VWAP = Σ(Price × Volume) / Σ(Volume) Where typical price = (High + Low + Close) / 3 Institutional Behavior Patterns: - When price trades above VWAP, institutions often look to sell - When it's below, they're usually buying - Creates natural support and resistance that you can actually trade against - Serves as benchmark for execution quality assessment ------------------------------------------------------------------------------------ 3. MULTI-TIMEFRAME VWAP ANALYSIS ------------------------------------------------------------------------------------ Core Innovation: Here's where LOI gets interesting. Instead of just showing daily VWAP like most indicators, it displays four different timeframes simultaneously: **Daily VWAP Implementation**: - Resets every morning at market open - Provides clearest picture of intraday institutional sentiment - Primary tool for day trading strategies - Most responsive to immediate market conditions **Weekly VWAP System**: - Resets each Monday (or first trading day) - Smooths out daily noise and volatility - Perfect for swing trades lasting several days to weeks - Captures weekly institutional positioning **Monthly VWAP Analysis**: - Resets at beginning of each calendar month - Captures bigger institutional rebalancing at month-end - Fund managers often operate on monthly mandates - Significant weight in intermediate-term analysis **Yearly VWAP Perspective**: - Resets annually for full-year institutional view - Shows long-term institutional positioning - Where pension funds and sovereign wealth funds operate - Critical for major trend identification Confluence Zone Theory: The magic happens when multiple VWAP levels cluster together. These confluence zones often become major turning points because different types of institutional money all see value at the same price. ------------------------------------------------------------------------------------ 4. MOVING AVERAGE INTEGRATION SYSTEM ------------------------------------------------------------------------------------ Multi-Type Implementation: The indicator includes three types of moving averages, each with its own personality and application: **Exponential Moving Averages (EMAs)**: - React quickly to recent price changes - Displayed as solid lines for easy identification - Optimal performance in trending market conditions - Higher sensitivity to current price action **Simple Moving Averages (SMAs)**: - Treat all historical data points equally - Appear as dashed lines in visual display - Slower response but more reliable in choppy conditions - Traditional approach favored by institutional traders **Hull Moving Averages (HMAs)**: - Newest addition to the system (dotted line display) - Created by Alan Hull in 2005 - Solves classic moving average dilemma: speed vs. accuracy - Manages to be both responsive and smooth simultaneously Technical Innovation: Alan Hull's solution addresses the fundamental problem where moving averages are either too slow (missing moves) or too fast (generating false signals). HMAs achieve optimal balance through weighted calculation methodology. Period Configuration: - 5-period: Short-term momentum assessment - 50-period: Intermediate trend identification - 200-period: Long-term directional confirmation ------------------------------------------------------------------------------------ 5. TREND DIRECTION SIGNAL DETECTION ------------------------------------------------------------------------------------ Real-Time Momentum Analysis: One of LOI's best features is its real-time trend detection system. Next to each moving average, visual symbols provide immediate trend assessment: Symbol System: - ▲ Rising average (bullish momentum confirmation) - ▼ Falling average (bearish momentum indication) - ► Flat average (consolidation or indecision period) Update Frequency: These signals update in real-time with each new price tick and function across all configured timeframes. Traders can quickly scan daily and weekly trends to assess alignment or conflicting signals. Multi-Timeframe Trend Analysis: - Simultaneous daily and weekly trend comparison - Immediate identification of trend alignment - Early warning system for potential reversals - Momentum confirmation for entry decisions ------------------------------------------------------------------------------------ 6. VISUAL DESIGN & DISPLAY FEATURES ------------------------------------------------------------------------------------ Color Psychology Framework: The color scheme isn't random but based on psychological associations and trading conventions: - **Blue Tones**: Institutional neutrality (VWAP levels) - **Green Spectrum**: Growth and stability (weekly timeframes) - **Purple Range**: Longer-term sophistication (monthly analysis) - **Orange Hues**: Importance and attention (yearly perspective) - **Red Tones**: User-defined significance (custom levels) Adaptive Display Technology: The indicator automatically adjusts decimal places based on the instrument you're trading. High-priced stocks show 2 decimals, while penny stocks might show 8. This keeps the display incredibly clean regardless of what you're analyzing - no cluttered charts or overwhelming information overload. Smart Labeling System: Advanced positioning algorithm automatically spaces all elements to prevent overlap, even during extreme zoom levels or multiple timeframe analysis. Every level stays clearly readable without any visual chaos disrupting your analysis. ------------------------------------------------------------------------------------ 7. CUSTOM LEVEL INTEGRATION ------------------------------------------------------------------------------------ User-Defined Level System: Beyond the calculated VWAP and moving average levels, traders can add custom horizontal lines at any price point for personalized analysis. Strategic Applications: - **Psychological Levels**: Round numbers, previous significant highs/lows - **Technical Levels**: Fibonacci retracements, pivot points - **Fundamental Targets**: Analyst price targets, earnings estimates - **Risk Management**: Stop-loss and take-profit zones Integration Features: - Seamless incorporation with smart labeling system - Custom color selection for visual organization - Extension capabilities across all chart timeframes - Maintains display clarity with existing indicators ------------------------------------------------------------------------------------ 8. REPAINT PROTECTION TECHNOLOGY ------------------------------------------------------------------------------------ Critical Trading Feature: This addresses one of the most significant issues in live trading applications. Most multi-timeframe indicators "repaint," meaning they display different signals when viewing historical data versus real-time analysis. Protection Benefits: - Ensures every displayed signal could have been traded when it appeared - Eliminates discrepancies between historical and live analysis - Provides realistic performance expectations - Maintains signal integrity across chart refreshes Configuration Options: - **Protection Enabled**: Default setting for live trading - **Protection Disabled**: Available for backtesting analysis - User-selectable toggle based on analysis requirements - Applies to all multi-timeframe calculations Implementation Note: With protection enabled, signals may appear one bar later than without protection, but this ensures all signals represent actionable opportunities that could have been executed in real-time market conditions. ------------------------------------------------------------------------------------ 9. PRACTICAL TRADING APPLICATIONS ------------------------------------------------------------------------------------ **Day Trading Strategy**: Focus on daily VWAP with 5-period moving averages. Look for bounces off VWAP or breaks through it with volume. Short-term momentum signals provide entry and exit timing. **Swing Trading Approach**: Weekly VWAP becomes your primary anchor point, with 50-period averages showing intermediate trends. Position sizing based on weekly VWAP distance. **Position Trading Method**: Monthly and yearly VWAP provide broad market context, while 200-period averages confirm long-term directional bias. Suitable for multi-week to multi-month holdings. **Multi-Timeframe Confluence Strategy**: The highest-probability setups occur when daily, weekly, and monthly VWAPs cluster together, especially when multiple moving averages confirm the same direction. These represent institutional consensus zones. Risk Management Integration: - VWAP levels serve as dynamic stop-loss references - Multiple timeframe confirmation reduces false signals - Institutional flow analysis improves position sizing decisions - Trend direction signals optimize entry and exit timing ------------------------------------------------------------------------------------ 10. SETUP & CONFIGURATION RECOMMENDATIONS ------------------------------------------------------------------------------------ Initial Configuration: Start with default settings and adjust based on individual trading style and market focus. Short-term traders should emphasize daily and weekly timeframes, while longer-term investors benefit from monthly and yearly level analysis. Transparency Optimization: The transparency settings allow clear price action visibility while maintaining level reference points. Most traders find 70-80% transparency optimal - it provides a clean, unobstructed view of price movement while maintaining all critical reference levels needed for analysis. Integration Strategy: Remember that no indicator functions effectively in isolation. LOI provides excellent context for institutional flow and trend direction analysis, but should be combined with complementary analysis tools for optimal results. Performance Considerations: - Multiple timeframe calculations may impact chart loading speed - Adjust displayed timeframes based on trading frequency - Customize color schemes for different market sessions - Regular review and adjustment of custom levels ------------------------------------------------------------------------------------ FINAL ANALYSIS ------------------------------------------------------------------------------------ Competitive Advantage: What makes LOI different is its focus on where real money actually trades. By combining volume-weighted calculations with multiple timeframes and trend detection, it cuts through market noise to show you what institutions are really doing. Key Success Factor: Understanding that different timeframes serve different purposes is essential. Use them together to build a complete picture of market structure, then execute trades accordingly. The integration of institutional flow analysis with technical trend detection creates a comprehensive trading tool that addresses both short-term tactical decisions and longer-term strategic positioning. ------------------------------------------------------------------------------------ END OF DOCUMENTATION ------------------------------------------------------------------------------------
Indicatore Pine Script®
di meddymarkusvanhala
Percent Change of Range Candles - FullTHIS IS THE FINAL VERSION Description of the Percent Change of Range Candles - Full Indicator This indicator displays the percentage change relative to the price range (high-low) over a specified period and combines multiple timeframes to provide a more accurate view of market trends and momentum. The idea is to not rely solely on classic closing prices but also to consider the opening price, highest, and lowest values within the selected period, offering deeper insight into price movements. What makes this indicator better than the previous two? Combination of multiple timeframes and parameters — the indicator calculates not only one level of percentage change but also uses additional calculations for shorter periods (e.g., 25% of the main period length). This allows it to better track subtle changes and provide signals less prone to noise. Visual representation with colors and horizontal levels — it clearly displays key percentage change levels and whether the current trend is positive or negative, making interpretation easier without additional analysis. Candle visualization within the indicator (plotcandle) — unlike previous indicators that might display only lines, this one shows candles within the indicator window, allowing you to follow visual patterns that often add extra value. Better adaptation to trend changes — the indicator dynamically adjusts input parameters depending on price direction (positive or negative change), making it more flexible and suitable for different market conditions. How the indicator works It first calculates the percentage change of the closing price relative to the high-low range over a chosen period (default 100 candles). Then, it calculates the average change value from the previous five periods to smooth out sudden oscillations. Additionally, it calculates values for a shorter period (25% of the total length), which are dynamically used as "high" or "low" values depending on the current trend (positive or negative). Horizontal lines mark important percentage change levels (100%, 70%, 0%, -70%, -100%), serving as visual guides for trend strength and direction. Candles inside the indicator further visualize the relationship between average and current values. Purpose and application This indicator is designed to track trend strength and market movements through percentage analysis of price ranges. It can be used for: Detecting the start and end of trends, Recognizing strong reversals or confirming trend continuation, Complementary analysis alongside other technical indicators, Facilitating decision-making in scalping and swing trading strategies. What to watch out for Like any indicator based on historical data, it does not guarantee success and should be used alongside other tools to confirm signals. The length period (length) should be adjusted according to the market type and trading timeframe — longer periods provide more stable but slower signals, while shorter ones are more sensitive to noise. Pay attention to the colors and levels on the indicator, as crossing horizontal lines may indicate potential trend reversals or strengthening. Candles within the indicator window can help identify formations signaling entries or exits.
Indicatore Pine Script®
di Aleksin_Aleksandar
4
Volume Point of Control with Fib Based Profile🍀Description: This indicator is a comprehensive volume profile analysis tool designed to identify key price levels based on trading activity within user-defined timeframes. It plots the Point of Control (POC), Value Area High (VAH), and Value Area Low (VAL), along with dynamically calculated Fibonacci levels derived from the developing period's range. It offers extensive customization for both historical and developing levels. 🍀Core Features: Volume Profiling (POC, VAH, VAL): Calculates and plots the POC (price level with the highest volume), VAH, and VAL for a selected timeframe (e.g., Daily, Weekly). The Value Area percentage is configurable. 70% is common on normal volume profiles, but this script allows you to configure multiple % levels via the fib levels. I recommend using 2 versions of this indicator on a chart, one has Value Area at 1 (100% - high and low of lookback) and the second is a specified VA area (i.e. 70%) like in the chart snapshot above. See examples at the bottom. Historical Levels: Plots POC, VAH, and VAL from previous completed periods. Optionally displays only "Unbroken" levels – historical levels that price has not yet revisited, which can act as stronger magnets or resistance/support. The user can manage the number of historical lines displayed to prevent chart clutter. Developing Levels: Shows the POC, VAH, and VAL as they form in real-time during the current, incomplete period. This provides insight into intraday/intra-period value migration. Dynamic Fibonacci Levels: Calculates and plots Fibonacci retracement/extension levels based dynamically on the range between the developing POC and the developing VAH/VAL. Offers 8 configurable % levels above and below POC that can be toggled on/off. Visual Customization: Extensive options for colors, line styles, and widths for all plotted levels. Optional gradient fill for the Value Area that visualizes current price distance from POC - option to invert the colors as well. Labels for developing levels and Fibonacci levels for easy identification. 🍀Characteristics: Volume-Driven: Levels are derived from actual trading volume, reflecting areas of high participation and price agreement/disagreement. Timeframe Specific: The results are entirely dependent on the chosen profile timeframe. Dynamic & Static Elements: Developing levels and Fibs update live, while historical levels remain fixed once their period closes. Lagging (Historical) & Potentially Leading: Historical levels are based on the past, but are often respected by future price action. Developing levels show current dynamics. 🍀How to Use It: Identifying Support & Resistance: Historical and developing POCs, VAHs, and VALs are often key areas where price may react. Unbroken levels are particularly noteworthy. Market Context & Sentiment: Trading above the POC suggests bullish strength/acceptance of higher prices, while trading below suggests bearishness/acceptance of lower prices. Entry/Exit Zones: Interactions with these levels (rejections, breakouts, tests) can provide potential entry or exit signals, especially when confirming with other analysis methods. Dynamic Targets: The Fibonacci levels calculated from the developing POC-VA range offer potential intraday/intra-period price targets or areas of interest. Understanding Value Migration: Observing the movement of the developing POC/VAH/VAL throughout the period reveals where value is currently being established. 🍀Potential Drawbacks: Input Sensitivity: The choice of timeframe, Value Area percentage, and volume resolution heavily influences the generated levels. Experimentation is needed for optimal settings per instrument/market. (I've found that Range Charts can provide very accurate volume levels on TV since the time element is removed. This helps to refine the accuracy of price levels with high volume.) Volume Data Dependency: Requires accurate volume data. May be less reliable on instruments with sparse or questionable volume reporting. Chart Clutter: Enabling all features simultaneously can make the chart busy. Utilize the line management inputs and toggle features as needed. Not a Standalone Strategy: This indicator provides context and key levels. It should be used alongside other technical analysis tools and price action reading for robust decision-making. Developing Level Fluctuation: Developing POC/VA/Fib levels can shift considerably, especially early in a new period, before settling down as more volume accumulates and time passes. 🍀Recommendations/Examples: I recommend have this indicator on your chart twice, one has the VA set at 1 (100%) and has the fib levels plotted. The second has the VA set to 0.7 (70%) to highlight the defined VA. Here is an example with 3 on a chart. VA of 100%, VA of 80%, and VA of 20%
Indicatore Pine Script®
di ShamrockShane
2
Opening Range Breakout - ORB 15📈 Opening Range Breakout - ORB 15 v1.68 This indicator is based on the Opening Range Breakout (ORB) strategy, specifically tuned for the first 15 minutes of the trading session. It identifies and visualizes the ORB range, key levels, and alerts for breakouts during and shortly after the ORB window. 🔍 Features Automatically detects the high and low during the ORB session (default 08:30–08:45). Plots ORB High/Low lines with optional middle zone levels. Fills the breakout zones with color shading. Real-time and confirmed candle-close breakout alerts. Optional on-chart label showing the size of the ORB range in points. Label customization: background color, text color, text size. Alert control: Only receive alerts within a user-defined time window after session start. ⚙️ Settings ORB Session Time – Define the start and end of the opening range. Alert Active Time (Hours) – Controls how long after the session alerts are allowed. Show ORB Range Label – Toggle the on-chart label. Label Styling Options – Adjust text size, color, and background. 🔔 Alerts Break Above/Below ORB (real-time intrabar break) Candle Closed Above/Below ORB (confirmed close outside the range) ✅ Use Cases Scalping and intraday breakout strategies. Morning volatility tracking. Zone-based entries and stop placement. Developed with performance and clarity in mind, this script gives traders a precise visual and alert-based system for trading early-session breakouts. Let me know if you’d like a shorter version for the "short description" field too.
Indicatore Pine Script®
di MickyMan73
Veryfid Stacks------------------------------------------------------------------------------------ VERYFID STACKS - PARALLEL CHANNEL DETECTION SYSTEM TECHNICAL INDICATOR DOCUMENTATION ------------------------------------------------------------------------------------ Table of Contents: 1. Chart Mechanics Background 2. Parallel Channel Theory 3. Veryfid Stacks Components 3.1. Bottom Pivot Channel Detection 3.2. Top Pivot Channel Detection 3.3. Channel Validation System 3.4. Stacking Algorithm 3.5. Dynamic Extension Logic 3.6. Visual Enhancement Features 4. References & Further Reading ------------------------------------------------------------------------------------ 1. CHART MECHANICS BACKGROUND ------------------------------------------------------------------------------------ Creator: veryfid, a trading methodology developer specializing in geometric market analysis and electrical engineering principles applied to financial markets. Origins: Developed from the foundational principle that "every chart is just parallel lines within parallel lines," Chart Mechanics represents a systematic approach to identifying market structure through geometric relationships. Theoretical Foundation: Based on the concept that price action behaves according to parallel circuit principles, where market movements follow predictable geometric patterns that can be identified and exploited through proper channel analysis. Traditional Market Structure: Most traders focus on support and resistance levels without understanding the underlying parallel relationships that govern price movement. Chart Mechanics addresses this gap by providing a systematic method for identifying these parallel systems. Difference from Conventional Analysis: Unlike traditional trend line analysis that relies on subjective line drawing, Chart Mechanics uses objective pivot point connections to automaticaly identify parallel channel systems with mathematical precision. ------------------------------------------------------------------------------------ 2. PARALLEL CHANNEL THEORY ------------------------------------------------------------------------------------ Mathematical Foundation: Channels are constructed using validated pivot points that create parallel lines with consistent geometric relationships. The theory suggests that markets naturally move within these parallel systems, which can halve or double in width based on market conditions. Channel Behavior: Price tends to respect parallel boundaries, creating predictable support and resistance zones. When channels break, they often lead to the formation of new parallel systems at different angles or widths. Validation Requirements: Channels must demonstrate multiple connection points to be considered valid. This reduces false signals and ensures that only statistically significant patterns are identified for trading purposes. Stacking Principle: Multiple parallel channels can exist simultaneously at different levels, creating a comprehensive framework for understanding price targets and potential reversal zones. Technical Implementation: The system uses dual lookback periods to identify pivot points and applies geometric calculations to create parallel lines with proper slope and spacing relationships. ------------------------------------------------------------------------------------ 3. VERYFID STACKS COMPONENTS ------------------------------------------------------------------------------------ 3.1. BOTTOM PIVOT CHANNEL DETECTION ------------------------------------------------------------------------------------ Description: Automated identification of upward-trending parallel channels using bottom pivot connections to establish channel boundaries. Calculation: Analyzes pivot lows using configurable lookback periods (default 10, 50) to identify potential channel formation points. The system connects validated bottom pivots to create ascending parallel lines that define upward trending channels. Implementation Advantage: By focusing on bottom pivot connections, the bottom pivot channel detection provides more accurate identification of support levels and upward trending boundaries compared to traditional trend line methods. Validation Logic: Requires positive slope calculations and minimum bar differance between pivot points to ensure channel validity. Multiple connection points strengthen channel reliability. Interpretation: - Upper boundary serves as dynamic resistance - Lower boundary provides dynamic support - Channel median indicates neutral price zone - Multiple touches increase channel strength Trading Application: Use bottom pivot channels to identify potential buying opportunities near support boundaries and profit-taking zones near resistance levels. ------------------------------------------------------------------------------------ 3.2. TOP PIVOT CHANNEL DETECTION ------------------------------------------------------------------------------------ Description: Systematic identification of downward-trending parallel channels using top pivot connections to establish channel frameworks. Calculation: Utilizes pivot highs with independent lookback periods to identify top pivot channel formation. The algorithm connects validated top pivots to create parallel lines that define downward trending price movements. Technical Origin: Based on the principle that downward trending markets create predictable parallel support and resistance patterns that can be identified through top pivot analysis. Validation Requirements: Channels must demonstrate negative slope and meet minimum width calculations to qualify as valid top pivot patterns. Force mode override ensures both bottom pivot and top pivot channels display when conditions are met. Interpretation: - Lower boundary acts as dynamic support in downtrends - Upper boundary provides dynamic resistance - Median line indicates equilibrium pricing - Channel touches confirm pattern strength Trading Application: Top pivot channels help identify potential short-selling opportunities near resistance boundaries and covering zones near support levels. ------------------------------------------------------------------------------------ 3.3. CHANNEL VALIDATION SYSTEM ------------------------------------------------------------------------------------ Description: Mathematical verification process that ensures only statistically significant channel patterns are displayed to traders. Calculation: Uses connection point theory to validate channel formations. Requires multiple pivot touches on both channel boundaries before confirming pattern validity. The system also verifies proper slope relationships and channel width consistency. Research Base: Draws from geometric analysis principles and statistical validation methods to reduce false signals and improve trading accuracy. Implementation Features: - Minimum connection point requirements - Slope validation for trend direction - Width calculations for proportional spacing - Real-time status monitoring (ACTIVE/WAITING states) Interpretation: - ACTIVE status indicates validated channel with multiple touches - WAITING status shows potential channel formation requiring additional confirmation - Connection point dots highlight validation touches - Status table provides real-time channel health monitoring Trading Application: Only trade channels with ACTIVE status to ensure statistical significance and reduce false breakout risks. ------------------------------------------------------------------------------------ 3.4. STACKING ALGORITHM ------------------------------------------------------------------------------------ Description: Advanced feature that creates additional parallel channels above and below primary channels, providing extended price targets and support/resistance levels. Calculation: Uses proportional width-based spacing to create double and triple channel layers. New channels are positioned using calculated channel width as the spacing measurement, maintaining geometric relationships. Mathematical Implementation: Stacked channels maintain parallel relationships with the primary channel while extending price analysis to broader support and resistance zones. Directional control allows stacking upward or downward from primary lines. Technical Advantage: Provides traders with multiple price targets and extended analysis zones, improving position managment and profit-taking strategies. Interpretation: - Double channels create secondary support/resistance levels - Triple channels provide extended price targets - Stacked levels often act as significant reversal zones - Width-based spacing ensures proportional relationships Trading Application: Use stacked channels for scaling into positions, setting multiple profit targets, and identifying potential reversal zones beyond primary channel boundaries. ------------------------------------------------------------------------------------ 3.5. DYNAMIC EXTENSION LOGIC ------------------------------------------------------------------------------------ Description: Real-time line extension system that projects channel boundaries into future price action for forward-looking analysis. Calculation: Extends validated channels from earliest pivot points to future bars using geometric slope calculations. The system updates all lines on every bar to maintain accurate projections. Technical Foundation: Based on the principle that validated parallel channels tend to continue their geometric relationships until definitively broken by price action. Implementation Features: - Automatic line extension from historical pivots - Real-time updates on every bar - Future projection for forward analysis - Geometric slope preservation Interpretation: - Extended lines provide future support/resistance levels - Projections help identify potential price targets - Real-time updates ensure accuracy - Slope consistency maintains channel integrity Trading Application: Use extended channel lines to plan future trades, set price targets, and anticipate potential support/resistance encounters. ------------------------------------------------------------------------------------ 3.6. VISUAL ENHANCEMENT FEATURES ------------------------------------------------------------------------------------ Description: Comprehensive visual customization system designed to improve chart readability and enhance pattern recognition capabilities. Calculation: Implements customizable colors, transparency levels, and line styles to create clear visual distinction between different channel components and states. Design Features: - Customizable channel line colors and transparency - Median dashed lines for center identification - Pivot point validation markers - Real-time status table display - Line extension controls Interpretation: - Color coding distinguishes bottom pivot vs top pivot channels - Transparency levels prevent chart clutter - Dashed median lines highlight channel centers - Pivot markers confirm validation points - Status table provides quick channel health overview Trading Application: Visual enhancements improve pattern recognition speed and reduce analysis errors, particularly during fast-moving market conditions. ------------------------------------------------------------------------------------ 4. REFERENCES & FURTHER READING ------------------------------------------------------------------------------------ 1. veryfid. "Chart Mechanics Theory: Parallel Lines Within Parallel Lines." TradingView Educational Series. 2. Murphy, J. J. (1999). "Technical Analysis of the Financial Markets." New York Institute of Finance. 3. Andrews, A. (1964). "Action and Reaction in Technical Analysis." Original Andrews Pitchfork Research. 4. Bulkowski, T. N. (2005). "Encyclopedia of Chart Patterns." 2nd Edition, Wiley Trading. 5. Schwager, J. D. (1996). "Technical Analysis." Wiley Finance. ------------------------------------------------------------------------------------ END OF DOCUMENTATION ------------------------------------------------------------------------------------
Indicatore Pine Script®
di meddymarkusvanhala
MickyMan73 - ORB-15 - v1.66📈 MickyMan73 – ORB-15 v1.66 This indicator is based on the Opening Range Breakout (ORB) strategy, specifically tuned for the first 15 minutes of the trading session. It identifies and visualizes the ORB range, key levels, and alerts for breakouts during and shortly after the ORB window. 🔍 Features Automatically detects the high and low during the ORB session (default 08:30–08:45). Plots ORB High/Low lines with optional 48% / 52% zone levels. Fills the breakout zones with color shading. Real-time and confirmed candle-close breakout alerts. Optional on-chart label showing the size of the ORB range in points. Label customization: background color, text color, text size. Alert control: Only receive alerts within a user-defined time window after session start. ⚙️ Settings ORB Session Time – Define the start and end of the opening range. Alert Active Time (Hours) – Controls how long after the session alerts are allowed. Show ORB Range Label – Toggle the on-chart label. Label Styling Options – Adjust text size, color, and background. 🔔 Alerts Break Above/Below ORB (real-time intrabar break) Candle Closed Above/Below ORB (confirmed close outside the range) ✅ Use Cases Scalping and intraday breakout strategies. Morning volatility tracking. Zone-based entries and stop placement. Developed with performance and clarity in mind, this script gives traders a precise visual and alert-based system for trading early-session breakouts. Let me know if you’d like a shorter version for the "short description" field too.
Indicatore Pine Script®
di MickyMan73
Percent Change of Range CandlesPercent Change of Range Candles 2.0 – Explanation and Usage Guide - with a new visual display Purpose of the Indicator This indicator measures the percentage change in price relative to the total range (high - low) over a defined period. Its primary function is to display trend strength — whether the price has significantly risen or fallen in relation to its historical high and low over the selected length. It serves as a tool for identifying momentum shifts, extreme zones, and potential entry and exit points. How It Works Main signal (c): Calculated as the difference between the current close and the close length periods ago, divided by the total range over the same period. The result is multiplied by 100 to express it as a percentage. Positive values indicate bullish pressure, and negative values indicate bearish pressure. Supportive lines (o, h, l): o is the average of the last 5 values of c – used to observe momentum smoothing. h and l are adaptive values based on short-term recalculations (25% of the main length), adjusted depending on the current direction of the trend. Indicator Levels and Their Meaning Level Meaning 0 A key boundary between bullish and bearish zones. Proximity to this line often suggests consolidation or a potential reversal. +70 Strong bullish momentum. May indicate overbought strength – potential for a pullback. +100 Extreme overbought zone. This could signal market exhaustion and an upcoming drop. -70 Strong bearish momentum. Could indicate oversold strength, but still within a trending market. -100 Extreme oversold zone. Signals a possible reversal or at least a short-term bounce. How to Use It in Trading Around the Zero Level (0): This is the neutral zone. When c approaches zero after a strong trend, it can indicate momentum weakening and a potential trend shift. A cross from negative to positive values could signal early bullish reversal. A cross from positive to negative could indicate early bearish reversal. Extreme Levels ±100: These are not automatic "buy" or "sell" signals but mark extreme market conditions. Approaching +100 suggests the market has risen too much, possibly overheated – be ready for a correction. Approaching -100 suggests the market has fallen too much, potentially oversold – be prepared for a recovery. Best used in combination with other filters like RSI, MA, price action, or volume. Visual Interpretation Green line (positive c) represents bullish momentum. Red line (negative c) represents bearish momentum. Gray lines (o, h, l) help visualize averages and wicks of the price move for better understanding of the internal price dynamics. Conclusion The Percent Change of Range Candles indicator is useful for: Tracking medium-term price momentum. Detecting overbought/oversold conditions. Identifying consolidation phases and possible reversals. For best results, use it in combination with other indicators and with a broader view of market context (e.g., higher timeframes).
Indicatore Pine Script®
di Aleksin_Aleksandar
HoLo (Highest Open Lowest Open)HoLo (Highest Open Lowest Open) Method Overview HoLo stands for "Highest Open Lowest Open" – a forex trading strategy. Core Concept Definition of HoLo: Highest Open (HO): The highest opening price among all H1 candles of the current trading day Lowest Open (LO): The lowest opening price among all H1 candles of the current trading day Trading Day: Starts at Asia Open Session Strategy Setup Step 1: Mark Key Levels Current day's High/Low Highest Open and Lowest Open (from H1 candles) Step 2: Define the Area of Interest Sell Zone: Between the Highest Open and the current day's High Buy Zone: Between the Lowest Open and the current day's Low Trade Entry Rules Sell Trade: Price goes above the Highest Open Trigger candle (M5, M15, or M30) closes above the Highest Open Enter a sell when price revisits the Highest Open level (Sell Stop Order) Buy Trade: Price drops below the Lowest Open Trigger candle closes below the Lowest Open Enter a buy when price revisits the Lowest Open level (Buy Stop Order) Trigger Timeframe: Choose M1, M5, or M15 based on: Your screen time availability Personal trading style Risk and Profit Management Stop Loss: For sell: Set SL at the day’s High + spread For buy: Set SL at the day’s Low + spread Take Profit (TP) Basic Rule: You should open 2 positions: When profit reaches 1R: Take partial profit + move SL to BE (Break Even) Let the remaining position run using partial TP or trailing stop Money Management: Never risk more than 1% per trade Recommended: 0.5% risk due to multiple opportunities daily Prioritize major pairs. The Indicator How to read data For Day Traders Monitor the sell zone (red area) for potential short entries near resistance Watch the buy zone (blue area) for potential long entries near support Use cross signals for entry/exit points Pay attention to timing markers for key market hours Alert HO (Highest Open) level changes LO (Lowest Close) level changes Price crossing key levels Timing notifications
Indicatore Pine Script®
di dangtunglam14
Liquidity mark-out indicator(by Lumiere)This indicator marks out every High that has a bullish candle followed by a bearish one, vice versa for lows. Once the price reaches the marked-out liquidity, the line is removed automatically. This indicator only shows the current liquidity of the time frame you are at. (To get it look like the picture just chance the length to 30-50) Key Features of the Liquidity Mark-Out Indicator: 🔹 Identifies Liquidity Zones – Marks highs and lows based on candlestick patterns. 🔹 Customizable Settings – Toggle highs/lows visibility 🎚️, adjust line colors 🎨, and set line length (bars) 📏. 🔹 Smart Clean-Up – Automatically removes swept levels (when price breaks through) for a clean chart 🧹. 🔹 Pattern-Based Detection – Highs: Detects two-candle reversal patterns (🟢 bullish close → 🔴 bearish close). Lows: Detects two-candle reversal patterns (🔴 bearish close → 🟢 bullish close). 🔹 Dynamic Lines – Projects liquidity levels forward (adjustable length) to track key zones 📈. Perfect For Traders Looking To: ✅ Spot potential liquidity grabs 🎯 ✅ Identify key support/resistance levels 🛑 ✅ Clean up their chart from outdated levels 🖥️
Indicatore Pine Script®
di Lumiere-Stocks
1
Price Action Zone IndicatorPrice Action Zone Indicator – Smart Support/Resistance & High-Probability Signals Elevate your trading with dynamic price action analysis! The Price Action Zone Indicator identifies key support/resistance levels and generates precise entry signals by combining: 🔹 Multi-Layer Confirmation: Smart S/R Zones: Auto-plots recent support/resistance based on a customizable lookback period. Trend Filter: Uses SMA to confirm the broader trend direction (uptrend/downtrend). Candlestick Patterns: Detects bullish/bearish pin bars and engulfing patterns for reversal signals. RSI Momentum: Adds confluence with overbought/oversold conditions to avoid false breakouts. 🔹 Visual Trading Tools: Clear Buy/Sell Signals: Triangle markers with labels for easy spotting. Built-in Risk Management: Auto-plots stop-loss and take-profit levels based on ATR and your preferred risk-reward ratio. Real-Time Alerts: Never miss a setup with customizable alerts for entries. 🔹 Why Traders Love It: ✅ Adaptive to Any Market: Works on Forex, Crypto, Stocks, and Commodities. ✅ Customizable: Adjust lookback periods, RSI thresholds, and RR ratios to fit your strategy. ✅ Clean & Intuitive: Avoids chart clutter while highlighting high-probability zones. Perfect for: Swing traders, day traders, and anyone who relies on price action to time entries with precision. 📌 How to Use: Add to your chart and adjust inputs (defaults optimized for 15M-4H timeframes). Watch for buy/sell signals near plotted S/R levels with trend and RSI confirmation. Trade with built-in TP/SL levels or customize further. Pro Tip: Combine with higher-timeframe trends for even stronger setups! 🚀 Try it today and trade smarter with price action! Key Features Recap: Dynamic Support/Resistance Zones Bullish/Bearish Pin Bar & Engulfing Detection Trend-Filtered Signals (SMA) RSI Overbought/Oversold Confluence Auto Stop-Loss & Take-Profit Levels Real-Time Alerts Protected script – Free to use with no restrictions. Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.
Indicatore Pine Script®
di Trade4Familyy
ORB2The "ORB2" Indicator (Opening Range Breakout 2) is designed to identify the key price range at the beginning of the trading day—commonly referred to as the opening range. Its main purpose is to help traders detect potential breakout points from this range, which are often used as signals for trade entries. 📌 Purpose The indicator visually marks the highest (high) and lowest (low) price within a defined time interval at the start of the session (e.g., from 09:15 to 09:20). These values form what’s known as the opening range, which is often considered a consolidation zone before the market chooses a direction. ⚙️ How It Works Time Setup: The user defines the time window during which the opening range is monitored (default: 09:15–09:20). The high and low values are tracked within this interval. Session Detection: When the defined session begins (is_first), the indicator records the current high and low as the initial ORB levels. Range Updating: During the session, if a new candle has a higher high or a lower low than the previously recorded ORB range, the indicator updates the levels accordingly. Visualization: The ORB zone is displayed as a shaded area (a blue fill between a green upper line and a red lower line)—but only when applied to intra-day charts with a time interval less than or equal to the specified inputMax (e.g., 5 minutes). 🎯 Purpose and Benefits Quick breakout detection – Helps traders easily identify when price breaks out of the initial consolidation. Clear visualization – Highlights the high/low boundaries and range area, making breakout strategies more effective. Customizability – The user can adjust the session time and the maximum allowed chart resolution for display.
Indicatore Pine Script®
di Aleksin_Aleksandar
1
EU Session Only StrategyThe name of the strategy is the EU session only, but you choose which time is important for you to follow, it can also be the beginning of the US session, a few hours after the news (2 hours after the US open level) or based on the daily open level. 📌 Indicator Description: "EU Session Only Strategy" This TradingView indicator, written in Pine Script version 6, represents a simple yet effective intraday trading strategy focused exclusively on the European trading session. 🎯 Purpose and Use The goal of this strategy is to: Automatically identify the European session open price for the current trading day. Trade only during a defined intraday time window (e.g., between 08:00 and 18:00 UTC). Enter a trade only if the price moves a certain distance (in pips) away from the EU open level. Limit the number of trades per day to avoid overtrading. Automatically close all open positions at the end of the day to minimize overnight risk. ⚙️ How It Works 🔹 1. EU Open Level When the European session opens (e.g., 09:00 UTC), the strategy records the opening price at that moment (eu_open_price). This level is displayed as a red horizontal line on the chart. 🔹 2. Entry Conditions The strategy checks if the current price: Is above the EU open level by at least a defined number of pips → Buy signal. Is below the EU open level by at least a defined number of pips → Sell signal. Trading is allowed only within the specified time range (e.g., 08:00 to 18:00 UTC). A maximum number of trades per day is enforced (e.g., 2 trades max). 🔹 3. Exit Conditions If an opposite signal appears during the day, the strategy automatically closes the current position. At the start of each new day, all open positions are closed, regardless of direction or profit. ✅ Advantages A clear and efficient system based on price reaction around a key daily level. Suitable for automated backtesting and optimization on TradingView. Reduces risk with daily trade limits and end-of-day auto-closing. Ideal for forex pairs that show volatility during the European session (e.g.,GOLD, EUR/USD, GBP/USD, etc.).
Strategia Pine Script®
di Aleksin_Aleksandar
EU & US Current Day Only📌 Purpose of the Indicator The purpose of this indicator is: To automatically detect and mark the opening prices of the European and U.S. trading sessions for each day. To generate buy/sell trading signals only when specific intraday conditions are met. To limit the number of trades per day and ensure that all trades are closed by the end of the day. To enable intraday trading within a defined time window and with confirmed price action. ⚙️ How the Indicator Works 1. User Inputs The user defines the following parameters: Opening hour for the EU and US sessions (UTC). Maximum number of trades per day (e.g., 2). Minimum distance in pips the price must move from the session open levels to confirm a signal. Trading hours (start and end). Time zone. 2. Tracking Session Open Prices At the start of each new day, the indicator: Detects the exact moment when the EU and US sessions open (e.g., 9:00 UTC for EU). Records the opening prices of these sessions (eu_open_price and us_open_price). These levels are then plotted as horizontal lines on the chart: Red line = EU Open Black line = US Open 3. Trading Signals The strategy will only trigger a trade if the following conditions are met: Trading is happening within the defined hours (start_hour to end_hour). Both session open levels (EU & US) are defined for the current day. The current price is: Above both levels by a defined pip distance → Buy signal. Below both levels by a defined pip distance → Sell signal. The strategy has not yet reached the maximum number of trades for the day. Example logic: If price moves more than 20 pips above both EU and US open levels → enter a long position. If price drops more than 20 pips below both levels → enter a short position. 4. Exiting Positions If the opposite signal appears while a position is open: The strategy will automatically close the current position. Additionally, at the start of a new day, any open positions are forcefully closed: pinescript Копирај Измени strategy.close_all(comment="Close EOD") This ensures that the strategy remains purely intraday and avoids overnight risk. ✅ Advantages Clear identification of daily session levels (EU/US open). Filters out weak signals using minimum pip distance. Limits the number of trades per day – avoids overtrading. Automatically closes trades at the end of the day – reduces risk. 🔚 Conclusion This indicator is especially useful for intraday traders who base their entries on how price behaves around the EU and US session open levels. The strategy is clean, rule-based, and suitable for automated backtesting, optimization, and real-time trading—especially for currency pairs with high volatility during the European and American sessions.
Strategia Pine Script®
di Aleksin_Aleksandar
S/R-AA+++++++AAThe “S/R-AA+++++++AA” indicator is an advanced technical analysis tool that automatically identifies and plots key Support and Resistance (S/R) levels based on a combination of RSI, CMO, and pivot points. It is designed for traders who need clear visual signals of important price zones on the chart. 🔧 How It Works: The indicator uses the following logic to detect support and resistance: RSI (Relative Strength Index) – Utilized in both standard and legacy forms to detect extreme conditions (below 25 for support, above 75 for resistance). CMO (Chande Momentum Oscillator) – Based on HMA (Hull Moving Average), this acts as a momentum confirmation filter. Pivot Points – Short-term (2-bar) pivots are used to identify local highs and lows for precise S/R plotting. 🧠 Detection Logic: A Support Zone is marked when RSI is low (< 25), CMO is strongly positive (> 50), and a local low is detected. A Resistance Zone appears when RSI is high (> 75), CMO is strongly negative (< -50), and a local high is formed. 📈 Visual Output: The indicator automatically draws horizontal lines: Blue Line = Support Red Line = Resistance Lines are displayed on the selected timeframe (S/R Timeframe) and shown directly on the chart as an overlay. 🔔 Extra Features: Alert Support: Allows users to set alerts when a new support or resistance level is formed. Customizable line thickness and colors for improved visibility and clarity. 🎯 Purpose of the Indicator: The purpose of this indicator is to automatically identify high-probability price reversal zones, helping traders better plan their entries, exits, stop-loss, and take-profit levels.
Indicatore Pine Script®
di Aleksin_Aleksandar
ETH Compounder [crankyprofits]Overview ETH Compounder is a 15-minute trading strategy built for Ethereum (ETH/USD), combining trend confirmation, momentum shifts, and structured risk management. This strategy is designed to catch trend breakouts with high conviction and compound profits using multiple take-profit levels. Core Strategy Logic Trend Direction: Uses Hull Moving Average to determine market bias. Breakout Entry: Enters on price breakout above/below a Keltner Channel. Momentum Trigger: Combines MACD and STC-style momentum to validate entry points. Heikin Ashi Candles: Used internally to smooth price action for cleaner signals. No Pyramiding: Only one trade at a time to avoid stacking entries during choppy markets. Profit-Taking System The strategy features a tiered take-profit system: TP1: ~2% gain (100% in free version) TP2–TP4: Additional tiers reserved for premium builds This approach allows partial exits to lock in gains while letting remaining position ride the trend. Risk Management Default stop loss: ~4.75% from entry Trailing stop based on Keltner channel and trend strength Alerts included for Buy, Sell, and Close signals Best Use Case This script is optimized for ETH/USD on 15m timeframes. Tuned for Binance out of the box. Ideal for traders who want a semi-passive, momentum-based system that avoids constant screen-watching. Alerts Custom alerts are available for: Buy Entry Sell Entry Exit Signal (TP or SL) TP1–TP4 (for granular control) Disclaimer This script is for educational purposes only and does not constitute financial advice. Always backtest and use proper risk management before live trading. Want to unlock premium features & get alerts? Join our Discord: discord.gg
Strategia Pine Script®
di crankyprofits
IU Pivot Zones + GMADESCRIPTION: IU Pivot Zones + GMA is a smart price-action-based indicator that detects meaningful support and resistance zones formed through pivot highs/lows while combining them with dynamic zone generation and Geometric Moving Averages (GMA). This tool is built to help traders visualize institutional breakout/rejection zones with clear, logical mapping and live box management — helping you stay ahead of the move. The indicator is designed for intraday, swing, and positional traders who want to enhance their trading decisions with visual confluence zones and market structure logic. USER INPUTS * Pivot point Lengths: Number of bars used to detect pivot highs/lows * Zone length: Controls the thickness of the support/resistance zone; higher values create wider zones * GMA Length: Period for calculating the geometric moving averages based on highs and lows * Allow Bar/candle Color: Enables or disables special candle coloring when price interacts with the zones LOGIC OF THE INDICATOR: * Detects pivot highs and pivot lows using the user-defined length * Compares consecutive pivot levels to determine if they fall within a valid ATR-based price band to form a zone * If confirmed, the indicator dynamically plots a resistance or support box between those pivot points, colored respectively (red for resistance, green for support) * The boxes update in real-time based on price action. If price respects the zone, the box extends forward. If price breaks the zone, the box disappears * Geometric Moving Averages (GMA) based on logarithmic mean of highs and lows are plotted to offer a trend bias * Candles that touch the top of the support zone are colored yellow, and those touching the bottom of the resistance zone are orange, enhancing zone reaction visibility WHY IT IS UNIQUE: * Uses logarithmic-based GMAs, which are smoother and less reactive than traditional moving averages * ATR-based zone logic makes it adaptive to volatility instead of using fixed-width zones * Combines structural levels (pivots), volatility filters (ATR), and trend overlays (GMA) in one unified tool * Real-time zone extension and disappearance logic based on price interaction HOW USER CAN BENEFIT FROM IT: * Spot high-probability breakout or reversal zones that price respects consistently * Use the GMA cloud for trend confirmation — for example, bullish bias when price is above both GMAs * Build price action strategies around zone touches, breakouts, or rejections * Use color-coded candles as real-time alerts for potential entry/exit signals near S/R levels * Save time by avoiding manual marking of zones on charts across timeframes DISCLAIMER: This indicator is created for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. All trading involves risk, and users should conduct their own analysis or consult with a qualified financial advisor before making any trading decisions. The creator is not responsible for any losses incurred through the use of this tool. Use at your own discretion.
Indicatore Pine Script®
di Shivam_Mandrai
7