EWC Zone Matrix📌 EWC Precision Blocks
🔎 Overview
EWC Precision Blocks is a professional market analysis tool designed to highlight high-probability trading zones on the chart. Instead of relying on lagging signals, this indicator maps out Alpha Zones (bullish) and Beta Zones (bearish), allowing traders to identify potential market reaction areas with clarity.
The algorithm is built to adapt across Scalp, Swing, and Position trading modes, making it flexible for short-term intraday traders as well as long-term investors.
⚡ Key Features
Multi-Mode Detection – Switch between Scalp, Swing, or Position modes depending on your trading style.
EWC Alpha Zone (Bullish Detection) – Highlights areas where the market may find strong upward momentum.
EWC Beta Zone (Bearish Detection) – Highlights areas where the market may face downward pressure.
Zone Break Tracking – Visualizes when a zone has been invalidated or broken.
Body-Based Detection – Option to base calculations on candle bodies instead of wicks for precision.
Zone Flips – Displays polarity shifts when zones transition from supportive to resistive behavior (and vice versa).
Custom Styling – Full control of zone and break colors for clear chart visualization.
🎯 How to Use
Select Your Mode
Scalp → Designed for fast intraday moves.
Swing → Medium-term setups, ideal for session trading.
Position → Long-term outlook, suitable for investors.
Watch the Alpha Zones
Highlighted bullish areas can serve as potential support or accumulation zones.
Watch the Beta Zones
Highlighted bearish areas may act as resistance or distribution zones.
Monitor Breaks & Flips
Alpha Breaks → Bullish zones failing.
Beta Breaks → Bearish zones failing.
Zone Flips → Polarity changes, often powerful signals.
🛠 Inputs & Customization
EWC Mode → Choose Scalp, Swing, or Position.
Show Last Alpha Zone → Set how many bullish zones to display.
Show Last Beta Zone → Set how many bearish zones to display.
Body-Based Detection → Toggle candle body vs. wick calculation.
EWC Alpha Zone / Beta Zone Styling → Customize zone colors.
Alpha Break / Beta Break Colors → Adjust break visuals.
Show Zone Flips → Enable/disable historical polarity labels.
Status Bar → Display inputs directly in the chart status line.
📈 Best Practices
Works across all timeframes and markets (forex, crypto, indices, stocks).
Combine with your existing strategy for confirmation.
Use in alignment with higher timeframe structure for maximum accuracy.
⚠ Disclaimer
EWC Precision Blocks is a market visualization tool provided for educational purposes only. It does not provide financial advice, signals, or guaranteed results. Always do your own research and manage risk responsibly.
🔹 About EWC
EWC (EastWave Capital) is dedicated to developing professional-grade trading tools and strategies for traders across forex, crypto, commodities, and indices. With over a decade of combined market experience, our mission is to empower traders with precision, clarity, and confidence in their decision-making.
EWC Precision Blocks is one of our flagship tools, reflecting our commitment to innovation, transparency, and trader-focused solutions.
📌 Published by Usama Manzoor — Founder of EastWave Capital (EWC)
1 minute ago
Release Notes
EWC Precision Blocks
The EWC Alpha-Beta Zone Detector is designed for traders who value clarity, precision, and flexibility in their chart analysis.
By mapping out Alpha (strength) and Beta (weakness) zones, this script provides a structured way to understand how price reacts to key levels in the market.
This indicator is built on price action principles and market structure analysis, avoiding clutter and focusing on the essentials traders need. Whether you are scalping on lower timeframes or analyzing swing opportunities, the Alpha-Beta Zone Detector adapts to your style.
🔹 Core Features
Alpha & Beta Zones → Detects bullish and bearish strength zones in real time.
Highlight Last Zone → Focus on the most recent Alpha/Beta zone for clarity.
Zone Flip Detection → Identifies polarity changes when zones shift from support to resistance or vice versa.
Body-Based Detection → Option to base calculations on candle bodies instead of wicks for more accuracy.
Flexible Timeframe Sensitivity → Switch between short, intermediate, and long-term detection modes.
Custom Zone Styling → Adjust colors, opacity, and line thickness for both Alpha and Beta zones.
Break Visualization → Display breaks of Alpha and Beta zones for additional confirmation.
Market Versatility → Works seamlessly on Forex, Crypto, Indices, Commodities, and Stocks.
🔹 Why Traders Use It
Provides a clear visual guide to market decision zones.
Helps traders refine entries, stop-loss placement, and take-profit levels.
Adapts to multiple trading styles → scalpers, intraday traders, and swing traders.
Keeps charts clean and professional without overloading with unnecessary signals.
⚠️ Disclaimer:
This script is created for educational and informational purposes only. It does not provide financial advice. Trading involves risk; always manage your risk responsibly and conduct your own analysis before entering any position.
Supporto e resistenza
EWC Precision Blocks📌 EWC Precision Blocks
🔎 Overview
EWC Precision Blocks is a professional market analysis tool designed to highlight high-probability trading zones on the chart. Instead of relying on lagging signals, this indicator maps out Alpha Zones (bullish) and Beta Zones (bearish), allowing traders to identify potential market reaction areas with clarity.
The algorithm is built to adapt across Scalp, Swing, and Position trading modes, making it flexible for short-term intraday traders as well as long-term investors.
⚡ Key Features
Multi-Mode Detection – Switch between Scalp, Swing, or Position modes depending on your trading style.
EWC Alpha Zone (Bullish Detection) – Highlights areas where the market may find strong upward momentum.
EWC Beta Zone (Bearish Detection) – Highlights areas where the market may face downward pressure.
Zone Break Tracking – Visualizes when a zone has been invalidated or broken.
Body-Based Detection – Option to base calculations on candle bodies instead of wicks for precision.
Zone Flips – Displays polarity shifts when zones transition from supportive to resistive behavior (and vice versa).
Custom Styling – Full control of zone and break colors for clear chart visualization.
🎯 How to Use
Select Your Mode
Scalp → Designed for fast intraday moves.
Swing → Medium-term setups, ideal for session trading.
Position → Long-term outlook, suitable for investors.
Watch the Alpha Zones
Highlighted bullish areas can serve as potential support or accumulation zones.
Watch the Beta Zones
Highlighted bearish areas may act as resistance or distribution zones.
Monitor Breaks & Flips
Alpha Breaks → Bullish zones failing.
Beta Breaks → Bearish zones failing.
Zone Flips → Polarity changes, often powerful signals.
🛠 Inputs & Customization
EWC Mode → Choose Scalp, Swing, or Position.
Show Last Alpha Zone → Set how many bullish zones to display.
Show Last Beta Zone → Set how many bearish zones to display.
Body-Based Detection → Toggle candle body vs. wick calculation.
EWC Alpha Zone / Beta Zone Styling → Customize zone colors.
Alpha Break / Beta Break Colors → Adjust break visuals.
Show Zone Flips → Enable/disable historical polarity labels.
Status Bar → Display inputs directly in the chart status line.
📈 Best Practices
Works across all timeframes and markets (forex, crypto, indices, stocks).
Combine with your existing strategy for confirmation.
Use in alignment with higher timeframe structure for maximum accuracy.
⚠ Disclaimer
EWC Precision Blocks is a market visualization tool provided for educational purposes only. It does not provide financial advice, signals, or guaranteed results. Always do your own research and manage risk responsibly.
🔹 About EWC
EWC (EastWave Capital) is dedicated to developing professional-grade trading tools and strategies for traders across forex, crypto, commodities, and indices. With over a decade of combined market experience, our mission is to empower traders with precision, clarity, and confidence in their decision-making.
EWC Precision Blocks is one of our flagship tools, reflecting our commitment to innovation, transparency, and trader-focused solutions.
📌 Published by Usama Manzoor — Founder of EastWave Capital (EWC)
Valid Monthly LevelsValid Monthly Levels (No Sweeps) + Smart Labels
This tool automatically plots the highs and lows of each completed monthly candle and tracks their validity in real time. A level is considered valid until it has been swept (price trades strictly beyond that high or low). Once swept, the line and label can either be removed or dimmed depending on your settings.
Key features:
Monthly highs and lows: Each month’s range is marked with horizontal levels that extend forward.
Valid vs. swept logic: Levels are only valid until breached; swept levels can be hidden or kept as dotted/grey lines.
Smart labels: Each level is labeled with the month and year (e.g., Sep ’25 H/L). On higher timeframes, labels sit at the candle; on lower timeframes, labels automatically shift to the right edge so they don’t disappear off-screen.
Customizable appearance: Choose colors for highs, lows, and swept levels; adjust line styles; and limit how many past months are shown.
Clutter control: Cap the maximum number of labels, so your chart stays readable even on small intraday timeframes.
This indicator is useful for traders who track monthly supply/demand extremes, liquidity sweeps, and higher-timeframe context when executing on lower timeframes.
ZoneRadar by Chaitu50cZoneRadar
ZoneRadar is a tool designed to detect and visualize hidden buy or sell pressures in the market. Using a Z-Score based imbalance model, it identifies areas where buyers or sellers step in with strong momentum and highlights them as dynamic supply and demand zones.
How It Works
Z-Score Imbalance : Calculates statistical deviations in order flow (bull vs. bear pressure).
Buy & Sell Triggers: Detects when imbalances cross predefined thresholds.
Smart Zones: Marks potential buy (green) or sell (red) zones directly on your chart.
Auto-Merge & Clean: Overlapping or noisy zones are automatically merged to keep the chart clean.
History Control: Keeps only the most recent and strongest zones for focus.
Key Features
Customizable Z-Score level and lookback period
Cooldown filter to avoid over-signaling
Smart zone merging to prevent clutter
Adjustable price tolerance for merging overlapping zones (ticks)
Extend zones into the future with right extensions
Fully customizable colors and display settings
Alert conditions for Buy Pressure and Sell Pressure
Why ZoneRadar?
Simplifies complex order flow into clear, tradable zones
Helps identify high-probability reversal or continuation levels
Avoids noise by keeping only the cleanest zones
Works across any timeframe or market (stocks, futures, forex, crypto)
Disclaimer
This tool is designed for educational and informational purposes only. It does not provide financial advice. Always test on demo and combine with your own trading strategy.
Intraday Auto Support/Resistance LevelsIntraday Auto Support / Resistance Levels
Welcome to a powerful, automated tool designed for intraday traders. This indicator dynamically identifies and plots key Support and Resistance (S/R) levels directly onto your chart at the start of each new trading session. By leveraging historical pivot points, it eliminates the guesswork and manual drawing, providing you with clear, actionable price levels to enhance your trading strategy. Focus on your execution while the indicator handles the analysis.
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How It Works
The indicator operates through a sophisticated, multi-step process:
Pivot Identification: Using Tradingview’s built- in ta.pivothigh() and ta.pivotlow() functions, the script scans a user-defined number of bars back (the "Swing Level") to identify significant price swing highs and lows.
Data Collection: All identified pivot points are collected into a central array, creating a pool of potential S/R levels.
Session Start: At the opening of each new trading day (determined by the daily timestamp), the indicator processes this pool of prices.
Filtering & Sorting: The pivot points are split into two groups: those above the day's open price (potential Resistance) and those below (potential Support). A smart filtering algorithm then selects the most relevant levels based on your "Min Distance" setting, ensuring levels are not too close to each other and are statistically significant.
Dynamic Plotting: The strongest Support (S1, S2, S3...) and Resistance (R1, R2, R3...) levels are drawn as dotted lines extending throughout the trading session.
Adaptive Management: The script intelligently manages the lines. If price convincingly breaks through a key level (e.g., breaking above R1), the indicator may plot the next higher level (R2, R3) while removing a less relevant level on the opposite side of the market, keeping the chart clean and focused on the most pertinent zones.
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Key Features & Benefits
• Saves Time: Get professional-level analysis instantly, eliminating the need for manual
line drawing.
• Removes Emotion: All levels are determined objectively by the algorithm, not by
subjective trader bias.
• Enhances Strategy: Provides clear visual cues for potential entry, exit, stop-loss, and
take-profit points.
• Fully Customizable: Tailor the indicator's behavior to match your specific trading style and
instrument volatility.
• Clean Visuals: Plots clear, labeled lines with customizable colors and width for an
uncluttered chart.
• Data Window Output: Displays the exact price value for each level in the Data Window,
enabling precise planning and alert setting.
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Input Settings: Fine-Tune Your Levels
The indicator offers a comprehensive set of options for fine-tuning its behavior.
• Adjust Distance Between Lines (%): Controls the minimum percentage distance required
between consecutive S/R levels. A lower value plots more lines, while a higher value plots
fewer, more significant levels.
• Adjust Swing Level: This is the core sensitivity setting. A lower value finds more frequent,
minor pivots, while a higher value identifies major, more significant swings.
• Set Line Width: Adjust the visual thickness of the Support/Resistance lines.
• Show Label Side: Choose to place the level labels (e.g., "R1", "S2") on the "Left" or "Right"
side of the chart.
• Set Up Line Color: Customize the color for all Resistance (R) lines.
• Set Down Line Color: Customize the color for all Support (S) lines.
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Limitations
• Repainting: While historical levels are fixed, the most recent pivots can change until a
new swing point is confirmed. This can cause the most recent plotted level to "repaint"
slightly.
• Timeframe Dependency: This indicator is optimized for intraday timeframes. Using it on
timeframes longer than 1D may not yield the intended results as the daily session break
logic is a core part of its function.
• No Predictive Power: The algorithm is based on past price action. It does not account for
future fundamentals, news events, or market-moving announcements.
Smart Structure Breaks & Order BlocksOverview (What it does)
The indicator “Smart Structure Breaks & Order Blocks” detects market structure using swing highs and lows, identifies Break of Structure (BOS) events, and automatically draws order blocks (OBs) from the origin candle. These zones extend to the right and change color/outline when mitigated or invalidated. By formalizing and automating part of discretionary analysis, it provides consistent zone recognition.
Main Components
Swing Detection: ta.pivothigh/ta.pivotlow identify confirmed swing points.
BOS Detection: Determines if the recent swing high/low is broken by close (strict mode) or crossover.
OB Creation: After a BOS, the opposite candle (bearish for bullish BOS, bullish for bearish BOS) is used to generate an order block zone.
Zone Management: Limits the number of zones, extends them to the right, and tracks tagged (mitigated) or invalidated states.
Input Parameters
Left/Right Pivot (default 6/6): Number of bars required on each side to confirm a swing. Higher values = smoother swings.
Max Zones (default 4): Maximum zones stored per direction (bull/bear). Oldest zones are overwritten.
Zone Confirmation Lookback (default 3): Ensures OB origin candle validity by checking recent highs/lows.
Show Swing Points (default ON): Displays triangles on swing highs/lows.
Require close for BOS? (default ON): Strict BOS (close required) vs loose BOS (line crossover).
Use candle body for zones (default OFF): Zones drawn from candle body (ON) or wick (OFF).
Signal Definition & Logic
Swing Updates: Latest confirmed pivots update lastHighLevel / lastLowLevel.
BOS (Break of Structure):
Bullish – close breaks last swing high.
Bearish – close breaks last swing low.
Only one valid BOS per swing (avoids duplicates).
OB Detection:
Bullish BOS → previous bearish candle with lowest low forms the OB.
Bearish BOS → previous bullish candle with highest high forms the OB.
Zones: Bull = green, Bear = red, semi-transparent, extended to the right.
Zone States:
Mitigated: Price touches the zone → border highlighted.
Invalidated:
Bull zone → close below → turns red.
Bear zone → close above → turns green.
Chart Appearance
Swing High: red triangle above bar
Swing Low: green triangle below bar
Bull OB: green zone (border highlighted on touch)
Bear OB: red zone (border highlighted on touch)
Invalid Zones: Bull zones turn reddish, Bear zones turn greenish
Practical Use (Trading Assistance)
Trend Following Entries: Buy pullbacks into green OBs in uptrends, sell rallies into red OBs in downtrends.
Focus on First Touch: First mitigation after BOS often has higher reaction probability.
Confluence: Combine with higher timeframe trend, volume, session levels, key price levels (previous highs/lows, VWAP, etc.).
Stops/Targets:
Bull – stop below zone, partial take profit at swing high or resistance.
Bear – stop above zone, partial take profit at swing low or support.
Parameter Tuning (per market/timeframe)
Pivot (6/6 → 4/4/8/8): Lower for scalping (3–5), medium for day trading (5–8), higher for swing trading (8–14). Increase to reduce noise.
Strict Break: ON to reduce false breaks in ranging markets; OFF for earlier signals.
Body Zones: ON for assets with long wicks, OFF for cleaner OBs in liquid instruments.
Zone Confirmation (default 3): Increase for stricter OB origin, fewer zones.
Max Zones (default 4 → 6–10): Increase for higher volatility, decrease to avoid clutter.
Strengths
Standardizes BOS and OB detection that is usually subjective.
Tracks mitigation and invalidation automatically.
Adaptable: allows body/wick zone switching for different instruments.
Limitations
Pivot-based: Signals appear only after pivots confirm (slight lag).
Zones reflect past balance: Can fail after new events (news, earnings, macro data).
Range-heavy markets: More false BOS; consider stricter settings.
Backtesting: This script is for drawing/visual aid; trading rules must be defined separately.
Workflow Example
Identify higher timeframe trend (4H/Daily).
On lower TF (15–60m), wait for BOS and new OB.
Enter on first mitigation with confirmation candle.
Stop beyond zone; targets based on R multiples and swing points.
FAQ
Q: Why are zones invalidated quickly?
A: Flow reversal after BOS. Adjust pivots higher, enable Strict mode, or switch to Body zones to reduce noise.
Q: What does “tagged” mean?
A: Price touched the zone once = mitigated. Implies some orders in that zone may have been filled.
Q: Body or Wick zones?
A: Wick zones are fine in clean markets. For volatile pairs with long wicks, body zones provide more realistic areas.
Customization Tips (Code perspective)
Zone storage: Currently ring buffer ((idx+1) % zoneLimit). Could prioritize keeping unmitigated zones.
Automated testing: Add strategy.entry/exit for rule-based backtests.
Multi-timeframe: Use request.security() for higher timeframe swings/BOS.
Visualization: Add labels for BOS bars, tag zones with IDs, count touches.
Summary
This indicator formalizes the cycle Swing → BOS → OB creation → Mitigation/Invalidation, providing consistent structure analysis and zone tracking. By tuning sensitivity and strictness, and combining with higher timeframe context, it enhances pullback/continuation trading setups. Always combine with proper risk management.
Cloud Craft SR [Volume Enhanced Edition]Cloud Craft SR - Advanced Support & Resistance System
Short Description:
Advanced cloud-based support & resistance indicator with volume analysis. Features dynamic zones, multi-timeframe analysis, and adaptive visual themes for different chart backgrounds.
Full Description:
Cloud Craft SR is an advanced support and resistance detection system that combines price action analysis with volume dynamics to identify high-probability trading zones.
🎯 Key Features:
Smart Zone Detection: Automatically identifies and ranks support/resistance zones based on historical price action
Volume Integration: Enhanced zone strength calculation using volume-weighted analysis
Multi-Timeframe Analysis: Configurable timeframe selection for deeper market structure analysis
Adaptive Visual Themes: Three color schemes optimized for white, black, and gray chart backgrounds
Dynamic Cloud Visualization: Visual representation of zone strength through opacity and border width
Real-Time Information Panel: Live zone data with volume rankings and strength metrics
Breakout Detection: Volume-confirmed breakout signals for enhanced reliability
📊 How Power & Volume Are Calculated:
Power Calculation:
Power represents the strength of each support/resistance zone based on:
Pivot Points: Number of price reversals at the zone (each pivot = 20 base points)
Touch Count: How many times price has tested the zone
Volume Weight: If volume analysis is enabled, zones with higher volume get multiplied strength
Example:
Zone has 3 pivot points = 60 base points
Price touched the zone 5 times = +5 points
Total base strength = 65
If volume at this zone is 1.5x average = 65 × 1.5 = 97.5 Power
Display Power = 97.5 ÷ 10 = 9.8 (shown as 10 in panel)
Volume Integration:
Collects volume data at each pivot point
Compares zone volume to average volume
Applies multiplier (default 1.5x) to strengthen high-volume zones
Volume Rank shows relative volume importance (⭐ to ⭐⭐⭐⭐⭐)
Visual Representation:
Higher Power = Thicker borders
Higher Volume = Less transparency (more solid appearance)
Top zones are displayed with strongest at top of panel
⚙️ Customization Options:
Cloud Timeframe (3min to Monthly)
Analysis Depth (100-500 bars)
Zone Sensitivity Control (2-12%)
Strength Filter Settings (min touches required)
Visual Style Selection
Volume Analysis Toggle
Panel Position & Theme
📈 How It Works:
The indicator analyzes historical price pivots to identify areas where price has repeatedly found support or resistance. These zones are then weighted by volume activity to determine their relative strength. Stronger zones appear more prominent visually, helping traders quickly identify key levels.
💡 Best Use Cases:
Identifying key support/resistance levels for entry/exit points
Confirming breakouts with volume analysis
Setting stop-loss and take-profit levels
Multi-timeframe confluence analysis
Risk management and position sizing
Default Settings Optimized For: 4H timeframe analysis with 250-bar lookback period
Why Protected Source?
This indicator uses proprietary algorithms for:
- Advanced pivot detection with volume weighting
- Dynamic zone strength calculation combining multiple factors
- Adaptive visual rendering based on volume and strength metrics
Machine Learning-Inspired Supply & Demand Zones [AlgoPoint]This indicator is a Smart Supply & Demand Zone tool, developed with principles inspired by Machine Learning (ML). It intelligently filters out market noise, allowing you to focus only on the most significant zones where institutional order flow is likely present.
💡 How It Works: Why Is This Indicator "Smart"?
Unlike traditional indicators that only measure simple price movements, this script uses an algorithm that asks the same critical questions an experienced market analyst would to qualify a zone:
- 1. Price Imbalance: How fast and aggressively did the price leave the zone? Our algorithm measures the body size of the "departure candle" relative to the current market volatility (ATR). A zone is only considered if it was formed by an explosive move that is statistically significant, indicating a major imbalance between buyers and sellers.
- 2. Volume Confirmation: Did the "smart money" participate in this move? The script checks if the volume on the departure candle was significantly higher than the recent average volume. A spike in volume confirms that the move was backed by institutional interest, adding strength and validity to the zone.
- 3. Valid Pivot Structure: Did the zone originate from a meaningful swing high or low? The algorithm first identifies a valid pivot structure, ensuring that zones are not drawn from insignificant or random price fluctuations.
Only when a potential zone passes these three critical tests—our "quality filter"—is it drawn on your chart.
🚀 Features & How to Use
Using the indicator is straightforward. You will see two primary types of boxes on your chart:
* 🟥 Red Box (Supply Zone): An area of potential resistance where selling pressure is likely to be strong. Look for potential shorting opportunities as the price approaches this zone.
* 🟩 Green Box (Demand Zone): An area of potential support where buying pressure is likely to be strong. Look for potential long opportunities as the price pulls back into this zone.
Dynamic Zone Management
This indicator is not static; it lives and breathes with the market:
- Fresh Zone: A newly formed zone appears in its full, vibrant color. These are the highest-probability zones as they have not yet been re-tested.
- Broken / Flipped Zone: You have full control over what happens when a zone is broken! In the settings, you can choose:
- Delete Zone: The zone will be removed completely when the price closes through it.
- Show as Broken (Flip): When broken, the zone will turn gray, stop extending, and remain on your chart. This is extremely useful for identifying Support/Resistance Flips, where a broken demand zone becomes new resistance, or a broken supply zone becomes new support.
⚙️ Settings & Customization
Fine-tune the indicator to match your personal trading style via the settings menu:
- Breakout Behavior: The most powerful feature. Choose between Delete Zone and Show as Broken (Flip) to customize your chart.
- Zone Finding Logic: Control the indicator's sensitivity.
- Selective: Requires both strong imbalance and high volume. Finds fewer, but higher-quality, zones.
- Moderate: Requires either strong imbalance or high volume. Finds more potential zones.
- Sensitivity Settings: Adjust the ATR Multiplier and Volume Multiplier to make the criteria for a "strong" zone stricter or looser.
Unfilled ImbalancesUNFILLED IMBALANCES TRACKER - IDENTIFY HIGH-PROBABILITY REVERSAL ZONES
This advanced indicator automatically detects and tracks unfilled price imbalances (Fair Value Gaps/FVGs) between candle bodies, providing traders with crucial levels where price is likely to return.
METHODOLOGY
This indicator employs an approach to imbalance detection that differs from standard FVG indicators:
1. Body-to-Body Gap Detection: Unlike typical FVG indicators that use wicks, this system exclusively tracks gaps between candle bodies, filtering out noise and focusing on the most significant price inefficiencies.
2. Dynamic Partial Fill Tracking: Our unique algorithm continuously monitors and adjusts imbalance zones as they're partially filled, showing exactly how much of each gap remains unfilled in real-time. This feature helps traders identify the strongest remaining levels.
3. Dual Fill Detection Logic: Proprietary fill detection offers two distinct modes - Distal (gap filled when touched) and Through (requires complete price movement through the entire gap), allowing adaptation to different market behaviors.
KEY FEATURES
Real-Time Imbalance Detection
Identifies body-to-body gaps between consecutive candles
Tracks both bullish and bearish imbalances
Automatically removes filled imbalances from the chart
Advanced Fill Detection Modes
Distal Mode: Imbalance considered filled when price touches the near edge
Through Mode: Requires price to completely trade through the gap
Body Fill Option: Requires candle body (not just wick) to enter the gap zone
Partial Fill Visualization
Watch imbalances shrink in real-time as price partially fills them
Visual representation shows exact percentage of gap remaining
Critical for position sizing and risk management
Flexible Display Options
Full Box Mode: Shows complete imbalance zones
Line Mode: Displays only critical edge levels for cleaner charts
Customizable visual parameters (colors, transparency, line thickness)
Smart Extension Features
Auto-extends visual elements to current price bar
Optional extension into future (0-500 bars)
Statistics table showing active imbalances count and fill rates
TRADING METHODOLOGY
Unfilled imbalances represent areas where price moved too quickly, leaving behind inefficiencies that markets tend to revisit. This indicator helps identify:
High-probability entry zones for trend continuation trades
Logical take profit targets at unfilled gaps
Stop loss placement beyond strong imbalance zones
Market structure breaks when key imbalances are filled
Supply and demand zone identification
HOW TO USE
Apply the indicator to any timeframe (works best on 15m and above)
Configure fill detection mode based on your trading style
Watch for price approaching unfilled imbalance zones
Use partial fill information to gauge zone strength
Combine with your existing strategy for confirmation
TARGET AUDIENCE & BEST PRACTICES
This tool is designed for traders who understand price action and market structure. It works best on:
Liquid instruments with consistent volume
Trending markets where imbalances are more likely to be revisited
Higher timeframes for more reliable signals
LIMITATIONS & CONSIDERATIONS
Imbalances may not always be filled, especially in strong trending markets
Performance varies across different market conditions and instruments
Should be used in conjunction with other analysis methods, not as a standalone system
Gap detection is based on candle closes and may miss intrabar movements
Historical imbalances from many bars ago may lose relevance
SETTINGS EXPLANATION
The indicator includes multiple customization options:
Require Body Fill: Controls whether wicks or bodies must enter gaps
Fill Detection Mode: Choose between Distal or Through modes
Visual Display: Select between boxes or lines
Alert Configuration: Set minimum age before fill alerts trigger
Debug Mode: Learn how the algorithm works with visual feedback
This indicator represents months of research into price inefficiency patterns and provides a systematic approach to identifying and tracking these critical market levels.
Note: Works on all timeframes and markets. Best results on liquid instruments with consistent volume patterns.
Support and Resistance levels from Options DataINTRODUCTION
This script is designed to visualize key support and resistance levels derived from options data on TradingView charts. It overlays lines, labels, and boxes to highlight levels such as Put Walls (gamma support), Call Walls (gamma resistance), Gamma Flip points, Vanna levels, and more.
These levels are intended to help traders identify potential areas of price magnetism, reversal, or breakout based on options market dynamics. All calculations and visualizations are based on user-provided data pasted into the input field, as Pine Script cannot directly fetch external options data due to platform limitations (explained below).
For convenience, my website allows users to interact with a bot that will generate the string for up to 30 tickers at once getting nearly real-time data on demand (data is cached for 15min). With the output string pasted into this indicator, it's a bliss to shuffle through your portfolio and see those levels for each ticker.
The script is open-source under TradingView's terms, allowing users to study, modify, and improve it. It draws inspiration from common options-derived metrics like gamma exposure and vanna, which are widely discussed in financial literature. No external code is copied without rights; all logic is original or based on standard mathematical formulas.
How the Options Levels Are Calculated
The levels displayed by this script are not computed within Pine Script itself—instead, they rely on pre-calculated values provided by the user (via a pasted data string). These values are derived from options chain data fetched from financial APIs (e.g., using libraries like yfinance in Python). Here's a step-by-step overview of how these levels are generally calculated externally before being input into the script:
Fetching Options Data:
Historical and current options chain data for a ticker (e.g., strikes, open interest, volume, implied volatility, expirations) is retrieved for near-term expirations (e.g., up to 90 days).
Current stock price is obtained from recent history.
Gamma Support (Put Wall) and Resistance (Call Wall):
Gamma Calculation: For each option, gamma (the rate of change of delta) is computed using the Black-Scholes formula:
gamma = N'(d1) / (S * sigma * sqrt(T))
where S is the stock price, K is the strike, T is time to expiration (in years), sigma is implied volatility, r is the risk-free rate (e.g., 0.0445), and N'(d1) is the normal probability density function.
Weighted gamma is multiplied by open interest and aggregated by strike.
The Put Wall is the strike below the current price with the highest weighted gamma from puts (acting as support).
The Call Wall is the strike above the current price with the highest weighted gamma from calls (acting as resistance).
Short-term versions focus on strikes closer to the money (e.g., within 10-15% of the price).
Gamma Flip Level:
Net dealer gamma exposure (GEX) is calculated across all strikes:
GEX = sum (gamma * OI * 100 * S^2 * sign * decay)
where sign is +1 for calls/-1 for puts, and decay is 1 / sqrt(T).
The flip point is the price where net GEX changes sign (from positive to negative or vice versa), interpolated between strikes.
Vanna Levels:
Vanna (sensitivity of delta to volatility) is calculated:
vanna = -N'(d1) * d2 / sigma
where d2 = d1 - sigma * sqrt(T).
Weighted by open interest, the highest positive and negative vanna strikes are identified.
Other Levels:
S1/R1: Significant strikes with high combined open interest and volume (80% OI + 20% volume), below/above price for support/resistance.
Implied Move: ATM implied volatility scaled by S * sigma * sqrt(d/365) (e.g., for 7 days).
Call/Put Ratio: Total call contracts divided by put contracts (OI + volume).
IV Percentage: Average ATM implied volatility.
Options Activity Level: Average contracts per unique strike, binned into levels (0-4).
Stop Loss: Dynamically set below the lowest support (e.g., Put Wall, Gamma Flip), adjusted by IV (tighter in low IV).
Fib Target: 1.618 extension from Put Wall to Call Wall range.
Previous day levels are stored for comparison (e.g., to detect Call Wall movement >2.5% for alerts).
Effect as Support and Resistance in Technical Trading
Options levels like gamma walls influence price action due to market maker hedging:
Put Wall (Gamma Support): High put gamma below price creates a "magnet" effect—market makers buy stock as price falls, providing support. Traders might look for bounces here as entry points for longs.
Call Wall (Gamma Resistance): High call gamma above price leads to selling pressure from hedging, acting as resistance. Rejections here could signal trims, sells or even shorts.
Gamma Flip: Where gamma exposure flips sign, often a volatility pivot—crossing it can accelerate moves (bullish above, bearish below).
Vanna Levels: Positive/negative vanna indicate volatility sensitivity; crosses may signal regime shifts.
Implied Move: Shows expected range; prices outside suggest overextension.
S1/R1 and Fib Target: Volume/OI clusters act as classic S/R; Fib extensions project upside targets post-breakout.
In trading, these are not guarantees—combine with TA (e.g., volume, trends). High activity levels imply stronger effects; low CP ratio suggests bearish sentiment. Alerts trigger on proximities/crosses for awareness, not advice.
Limitations of the TradingView Platform for Data Pulling
TradingView's Pine Script is sandboxed for security and performance:
No direct internet access or API calls (e.g., can't fetch yfinance data in-script).
Limited to chart data/symbol info; no real-time options chains.
Inputs are static per load; updates require manual pasting.
Caching isn't persistent across sessions.
This prevents dynamic data pulling, ensuring scripts remain lightweight but requiring external tools for fresh data.
Creative Solution for On-Demand Data Pulling
To overcome these limitations, users can use external tools or scripts (e.g., Python-based) to fetch and compute levels on demand. The tool processes tickers, generates a formatted string (e.g., "TICKER:level1,level2,...;TIMESTAMP:unix;"), and users paste it into the script's input. This keeps data fresh without violating platform rules, as computation happens off-platform. For example, run a local script to query APIs and output the string—adaptable for any ticker.
Script Functionality Breakdown
Inputs: Custom data string (parsed for levels/timestamp); toggles for short-term/previous/Vanna/stop loss; style options (colors, transparency).
Parsing: Extracts levels for the chart symbol; gets timestamp for "updated ago" display.
Drawing: Lines/labels for levels; boxes for gamma zones/implied move; clears old elements on updates.
Info Panel: Top-right summary with metrics (CP ratio, IV, distances, activity); emojis for quick status.
Alerts: Conditions for proximities, crosses, bounces (e.g., 0.5% bounce from Put Wall).
Performance: Uses vars for persistence; efficient for real-time.
This script is educational—test thoroughly. Not financial advice; past performance isn't indicative of future results. Feedback welcome via TradingView comments.
Algo + Trendlines :: Medium PeriodThis indicator helps me to avoid overlooking Trendlines / Algolines. So far it doesn't search explicitly for Algolines (I don't consider volume at all), but it's definitely now already not horribly bad.
These are meant to be used on logarithmic charts btw! The lines would be displayed wrong on linear charts.
The biggest challenge is that there are some technical restrictions in TradingView, f. e. a script stops executing if a for-loop would take longer than 0.5 sec.
So in order to circumvent this and still be able to consider as many candles from the past as possible, I've created multiple versions for different purposes that I use like this:
Algo + Trendlines :: Medium Period : This script looks for "temporary highs / lows" (meaning the bar before and after has lower highs / lows) on the daily chart, connects them and shows the 5 ones that are the closest to the current price (=most relevant). This one is good to find trendlines more thoroughly, but only up to 4 years ago.
Algo + Trendlines :: Long Period : This version looks instead at the weekly charts for "temporary highs / lows" and finds out which days caused these highs / lows and connects them, Taking data from the weekly chart means fewer data points to check whether a trendline is broken, which allows to detect trendlines from up to 12 years ago! Therefore it misses some trendlines. Personally I prefer this one with "Only Confirmed" set to true to really show only the most relevant lines. This means at least 3 candle highs / lows touched the line. These are more likely stronger resistance / support lines compared to those that have been touched only twice.
Very important: sometimes you might see dotted lines that suddenly stop after a few months (after 100 bars to be precise). This indicates you need to zoom further out for TradingView to be able to load the full line. Unfortunately TradingView doesn't render lines if the starting point was too long ago, so this is my workaround. This is also the script's biggest advantage: showing you lines that you might have missed otherwise since the starting bars were outside of the screen, and required you to scroll f. e back to 2015..
One more thing to know:
Weak colored line = only 2 "collision" points with candle highs/lows (= not confirmed)
Usual colored line = 3+ "collision" points (= confirmed)
Make sure to move this indicator above the ticker in the Object Tree, so that it is drawn on top of the ticker's candles!
More infos: www.reddit.com
Algo + Trendlines :: Long PeriodThis indicator helps me to avoid overlooking Trendlines / Algolines. So far it doesn't search explicitly for Algolines (I don't consider volume at all), but it's definitely now already not horribly bad.
These are meant to be used on logarithmic charts btw! The lines would be displayed wrong on linear charts.
The biggest challenge is that there are some technical restrictions in TradingView, f. e. a script stops executing if a for-loop would take longer than 0.5 sec.
So in order to circumvent this and still be able to consider as many candles from the past as possible, I've created multiple versions for different purposes that I use like this:
Algo + Trendlines :: Medium Period : This script looks for "temporary highs / lows" (meaning the bar before and after has lower highs / lows) on the daily chart, connects them and shows the 5 ones that are the closest to the current price (=most relevant). This one is good to find trendlines more thoroughly, but only up to 4 years ago.
Algo + Trendlines :: Long Period : This version looks instead at the weekly charts for "temporary highs / lows" and finds out which days caused these highs / lows and connects them, Taking data from the weekly chart means fewer data points to check whether a trendline is broken, which allows to detect trendlines from up to 12 years ago! Therefore it misses some trendlines. Personally I prefer this one with "Only Confirmed" set to true to really show only the most relevant lines. This means at least 3 candle highs / lows touched the line. These are more likely stronger resistance / support lines compared to those that have been touched only twice.
Very important: sometimes you might see dotted lines that suddenly stop after a few months (after 100 bars to be precise). This indicates you need to zoom further out for TradingView to be able to load the full line. Unfortunately TradingView doesn't render lines if the starting point was too long ago, so this is my workaround. This is also the script's biggest advantage: showing you lines that you might have missed otherwise since the starting bars were outside of the screen, and required you to scroll f. e back to 2015..
One more thing to know:
Weak colored line = only 2 "collision" points with candle highs/lows (= not confirmed)
Usual colored line = 3+ "collision" points (= confirmed)
Make sure to move this indicator above the ticker in the Object Tree, so that it is drawn on top of the ticker's candles!
More infos: www.reddit.com
PT FinderThis is mostly helpful to find potential price targets for Daytrades on the daily chart (if stronger resistances / supports are too far away).
Shows highs / lows of nearby "pivot" candles (higher high / lower low than both candles around) - depending on expected trade direction. Based on my experience these can be potential (albeit weak) resistance / support.
If it shows values only in the wrong trade direction: set a checkmark at "Invert bullish / bearish price targets" in the indicator settings
Also shows the ADR (blue line = yesterday's close MINUS Average Day Range) - which is helpful for Daytrades to see what price movement you could potentially expect for the day!
As a nice bonus it also shows gaps as yellow areas - in case you maybe missed them because you zoomed in / out too much on your daily chart.
More infos: www.reddit.com
All-In-One LinesIt's like a "torch in the darkness" that shows the "terrain" in which you are trading, and in which the candle movement unfolds.
It is meant to be used on 5m + 1D intervals. Additionally useful on 15m, 30m, and 1W if you use these.
Shows:
VWAP (on < 1D interval)
EMA 8 from 5m/15m/30m/1D/1W
Yesterday's High (on < 1D interval)
Yesterday's Low (on < 1D interval)
SMA 50/100/200
AVWAPE / AVWAPQ (if SPY) incl. +1/-1 Stdev for each
More infos: www.reddit.com
Balanced Price Range (BPR) DetectorBALANCED PRICE RANGE (BPR) DETECTOR
This indicator detects Balanced Price Ranges (BPR) by analyzing the overlap between bullish and bearish Fair Value Gaps (FVG). BPR zones represent areas where opposing market forces create equilibrium, often acting as strong support/resistance levels.
KEY FEATURES:
- Automatic detection of overlapping FVGs to form BPR zones
- Confidence scoring system (0-100%) based on overlap ratio, size, volume, and symmetry
- Customizable filters (ATR, Volume)
- Real-time mitigation tracking
- Alert system for new BPRs, mitigations, and rejections
- Visual customization options
HOW IT WORKS:
The indicator continuously scans for Fair Value Gaps in both directions. When a bullish FVG overlaps with a bearish FVG within the specified lookback period, a BPR zone is created. The confidence score helps traders identify the strongest zones.
USAGE:
- High confidence BPRs (>75%) often act as strong reversal zones
- Use for entry/exit points when price approaches BPR zones
- Combine with other indicators for confirmation
- Monitor touch counts for zone strength validation
SETTINGS:
- Lookback Bars: Number of bars to search for overlapping FVGs
- Min Overlap Ratio: Minimum overlap percentage required
- ATR/Volume Filters: Filter out weak or low-volume BPRs
- Display Options: Customize visual appearance
- Mitigation Type: Choose between wick or close-based mitigation
Perfect for traders using price action, supply/demand zones, or institutional order flow concepts.
Dynamic Fibonacci MTF Zones v1🔹 Overview
This indicator automatically detects Fibonacci retracement levels across multiple timeframes (MTF) and highlights the most relevant zones around the current price.
Instead of cluttering the chart with too many lines, it only shows the 3 nearest levels above and below the current price, with clear labels and lines.
🔹 Key Features
Multi-Timeframe Support
Up to 7 custom timeframes can be analyzed simultaneously
Example: 5m, 15m, 1H, 4H, 1D, 1W, 1M
Dynamic Fibonacci Levels
Based on recent high/low within N bars
Uses extended set of 25 ratios (0.045 ~ 0.955)
Golden Pocket (0.382–0.618) zones are auto-highlighted
Nearest 3 Levels Display
Picks the 3 closest levels above and below current price
Labels and lines are plotted for clarity
Identical levels across TFs are merged automatically for clean display
Labels with Details
Direction (▲ / ▼)
Timeframe
Fibonacci ratio
Exact price
Visual Customization
Above levels in blue tones, below levels in red tones
Transparency darkens gradually from TF1 → TF7
Line style: solid / dashed / dotted
Zone fills with adjustable colors
🔹 How to Use
Identify strong support/resistance zones where multiple TF Fibonacci levels overlap
Scalpers: Combine short TFs (5m, 15m, 1H)
Swing traders: Use higher TFs (4H, 1D, 1W)
Investors: Track broader zones (1D, 1W, 1M)
🔹 Settings
Recent Range Bars (R): lookback period for Fibonacci highs/lows
Golden Pocket Highlight: toggle 0.382–0.618 shading
Line Style: switch between line/circle visualization
MTF Control: enable/disable TF1~TF7 with custom timeframe selection
✅ Core Idea:
This tool doesn’t just draw Fibonacci lines — it dynamically selects the most relevant MTF levels, merges duplicates, and highlights only the critical zones you need for real trading decisions.
Swing Support and Resistance with Breakout AlertsOverview
The indicator is a custom Pine Script tool designed for TradingView that automatically identifies and plots Swing Highs (Resistance) and Swing Lows (Support). It dynamically draws horizontal lines at these key price reversal points, extending them forward until they are broken, which provides traders with visual, data-driven support and resistance levels. The indicator also includes customizable alerts to notify users when a breakout occurs.
Key features
Dynamic Swing Detection: The indicator automatically detects significant swing high and low points based on a user-adjustable "Swing Detection Length" parameter. This allows traders to fine-tune the sensitivity, focusing on either short-term swings or major market turning points. Swing Length Adjustable.
Adaptive Support and Resistance Zones: The script plots horizontal lines at the detected swing levels. These lines dynamically extend forward in time, acting as predictive support and resistance zones until the price convincingly breaks through them.
Historical Context: Once a support or resistance level is broken, the indicator can optionally keep the line on the chart but changes its appearance (e.g., to a dashed line). This allows traders to see how previous levels have held or been violated, as broken resistance often becomes new support and vice versa.
Customizable Breakout Alerts: A key feature is the ability to generate alerts. When the price closes above a recent resistance line or below a recent support line, a notification is triggered. This helps traders monitor potential breakouts in real-time.
Visual Clarity: Users can customize the colors and styles of the lines and labels to suit their preferences, making it easier to distinguish between different levels and maintain a clean chart.
How to use
This indicator is a powerful tool for technical analysis and can be used in several ways:
Identify Market Structure: It provides a clear, visual representation of a market's recent structure and key reversal points.
Develop Trading Strategies: It can form the basis of a breakout strategy by using the alert function to identify when a key level is broken.
Set Stop-Loss and Take-Profit Levels: The swing highs and lows act as natural reference points for placing stop-loss orders and potential profit targets.
Confirm Trend Reversals: A failure to make a new swing high or low while the price moves in that direction can be a sign of a weakening trend and a potential reversal.
Always use proper risk management and stop-loss orders to protect your capital in case the market moves against your trade.
Keep in mind that the provided indicator is a simple example based on the Swing Highs (Resistance) and Swing Lows (Support) concepts and should not be considered financial advice.
Traders often combine multiple concepts to develop their trading strategies. The provided indicator should be treated as a starting point to explore and implement in your trading strategy.
VXN Levels! Curated Supply and Resistance!VXN Levels!! is a clean, no-nonsense auto-draw tool that displays handpicked support & resistance zones for selected major forex pairs.
Unlike most indicators that rely on formulas and often repaint, every level here comes from a manually curated database. Each price zone is chosen based on precision rejections, wick re-tests, and institutional footprints — the same levels we trade daily.
Because these levels are database-driven, they never repaint. They will only change if we manually update them on our end, ensuring you see exactly what we see.
🔄 Levels are updated daily/weekly as needed to reflect current market conditions.
Pre-loaded pairs include:
AUDCAD, AUDJPY, AUDUSD
CADJPY
EURCAD, EURJPY, EURUSD, EURAUD
GBPAUD, GBPCAD, GBPJPY, GBPUSD
USDJPY
🧭 If you're viewing this on an unlisted pair, no levels will appear.
📨 Contact us if you’d like custom auto-levels tailored for your pair.
⚙️ All levels are static, not repainted, and built for clean S/R retest strategies — suitable for both intraday and swing setups.
📌 For more insights & updates:
Follow us on Instagram → @vxnvixions
EMA Crossover Lines with VWAP, EMA 50/200 and Premarket AlertsOverview
An intraday overlay that combines trend and liquidity cues in one view. It plots your Fast/Slow EMAs, the widely watched EMA-50 and EMA-200, plus VWAP for session bias. During the configured pre-market session, it tracks and projects the pre-market high/low into regular hours—then alerts when price breaks those levels.
What it shows
EMAs: Fast + Slow (user-defined), EMA-50, EMA-200 for trend and crossover context.
VWAP: Session anchor for mean-reversion vs. trend continuation.
Pre-Market Levels: Dynamic Pre-Market High/Low lines (extend into RTH).
Alerts: Triggers when price crosses above pre-market high or below pre-market low (bar-close, non-repainting).
Inputs
Fast EMA Length (default 9)
Slow EMA Length (default 21)
EMA 50 Length (default 50)
EMA 200 Length (default 200)
Pre-market Session (default 04:00–09:30)
Session Timezone (default America/New_York)
How to use
Use EMA-50/200 slope and position to gauge higher-timeframe trend.
VWAP helps identify premium/discount within the day.
Watch pre-market breakouts for momentum entries, or fades back inside for mean reversion.
Combine with your own risk rules; alerts are informational.
Notes
Alerts fire on closed bars to avoid repainting.
Works on most intraday timeframes. Ensure the timezone matches the exchange you trade.
Lines only show when a pre-market session exists for the day.
Smart Money Footprint & Cost Basis Engine [AlgoPoint]Smart Money Footprint & Cost Basis Engine
This indicator is a comprehensive market analysis tool designed to identify the "footprints" of Smart Money (institutions, whales) and pinpoint high-probability reaction zones. Instead of relying on lagging averages, this engine analyzes the very structure of the market to find where large players have shown their hand.
How It Works: The Core Logic
The indicator operates on a multi-stage confirmation process to identify and validate Smart Money zones:
Smart Money Detection (The Trigger): The engine first scans the chart for signs of intense, urgent buying or selling. It does this by identifying Fair Value Gaps (FVGs) created by large, high-volume Displacement Candles. This is our initial Point of Interest (POI).
Cost Basis Calculation (The Average Price): Once a potential Smart Money move is detected, the indicator calculates the Volume-Weighted Average Price (VWAP) for that specific move. This gives us a highly accurate estimate of the average price at which the large players entered their positions.
Historical Confirmation (The "Memory"): This is the indicator's most unique feature. It checks its historical database to see if a similar Smart Money move (in the same direction) has occurred in the same price area in the past. If a match is found, the zone's significance is confirmed.
Verified Cost Basis Zone (The Final Output): A zone that passes all the above checks is drawn on the chart as a high-probability Verified Cost Basis Zone. These are the "memory zones" where the market is likely to react upon a re-visit.
How to Use This Indicator
Cost Basis Zones (The Boxes):
Green Boxes: Bullish zones where Smart Money likely accumulated positions. When the price returns here, a BUY reaction is expected.
Red Boxes: Bearish zones where Smart Money likely distributed positions. When the price returns here, a SELL reaction is expected.
Zone Strength (★★★): Each zone is created with a star rating. More stars indicate a higher-confidence zone (based on factors like volume intensity and historical confirmation).
BUY/SELL Signals: A signal is only generated when the price enters a zone AND the confirmation filters (if enabled in the settings) are passed.
Zone Statuses:
Green/Red: Active and waiting to be tested.
Gray: The zone has been tested, and a signal was produced.
Dark Gray (Invalidated): The zone was broken decisively and is no longer considered valid support/resistance.
Key Settings
Signal Accuracy Filters: You can enable/disable three powerful filters to balance signal quantity and quality:
Momentum Confirmation (Stoch): Waits for momentum to align with the zone's direction.
Candlestick Confirmation (Engulfing): Waits for a strong reversal candle inside the zone.
Lower Timeframe MSS Confirmation: The most advanced filter; waits for a trend shift on a lower timeframe before giving a signal.
Historical Confirmation:
Require Historical Confirmation: Toggle the "Memory" feature on/off. Turn it off to see all potential SM zones.
Tolerance Calculation Method: Choose between a dynamic ATR Multiplier (recommended for all-around use) or a fixed Percentage to define the zone size.
ORB FVG Strategy with telegram V6.1Summary
Intraday NY-session strategy with Opening-Range bias (09:30–10:00 NY), FVG entries (incl. optional HTF FVGs), momentum filters (LinReg slope & Williams %R), limit entries inside the zone, SL from FVG anchors, and TP via risk-reward. Includes session/trade caps, pending-order handling, auto-cancel at NY time, and optional Telegram webhook alerts.
Feature Overview
Opening Range & Bias: OR high/low built until 10:00 NY, then frozen. Bias from confirmed 5-minute candles (modes: Body Close, Complete Candle, Wick Only).
FVG Scanner: Bull/bear FVGs (choose wick or body gaps), min size, auto-extend, mitigation cleanup (touch or 50%).
HTF FVG (10 min): Optional – displayed after ≥ 2 consecutive FVGs; cleans up on touch/50%.
Entry/SL/TP: Entry at X% fill (+extra %) within the FVG; SL from FVG candle / FVG-1 / FVG-2 (smart) + buffer; TP via risk-reward.
Momentum Filters: LinReg slope (MLL) + Williams %R with threshold/slope filters (individually switchable).
Intrabar Mode (optional): Immediate Open/intrabar entry on touch (calc_on_every_tick=true) or classic bar-close confirmation (toggle).
Trade Management: Max trades/day, pending cap, auto-cancel at defined NY time, pause after first winner (optional).
Telegram: Programmatic alerts via alert() with Telegram-ready JSON payload.
Parameters (compact)
Group Parameter Purpose
Sessions Trading session, Opening range Trading/OR window (internal NY TZ)
Bias Body Close / Complete Candle / Wick Only Bias confirmation relative to OR
Liquidity LQ session, lookback days, cleanup points, show lines Intraday liquidity marks & cleanup
FVG Min size, wick/body, colors, extend, cleanup Detection/visualization & validity
HTF FVG (10 m) Toggle/Display/Colors Conservative HTF filter/POI
Entry Fill %, extra %, max pending, validity (bars), cancel time, intrabar switch Execution timing, order caps, auto-cancel
Stop Loss Source: Candle / -1 / -2 (smart), buffer (points) SL anchor from FVG history + safety offset
Take Profit Risk-Reward (R:R) Target calculation
Momentum LinReg length/min slope, W%R length/min slope, HUD Trend/momentum filters
Trade Mgmt Max trades/day, pause after win Daily cap / risk cooldown
Telegram Enabled, tester, interval, channel id Webhook output & test signals
Debug & Info Debug panel, rejection reasons On-chart status/diagnostics
Alerts / Telegram Webhook (Quick Setup)
Create an alert with Condition: “Any alert() function call”.
Webhook URL: api.telegram.org
Message: leave empty (the strategy provides JSON via alert() – includes chat_id, parse_mode, text).
Ensure your bot can post to the channel and the chat_id is valid.
Repainting & Backtesting
HTF series via lookahead_off on closed higher-TF candles; FVG detection on confirmed bars (barstate.isconfirmed).
Intrabar/Open entries allow earlier fills but typically cause differences between backtest and live (tick granularity/slippage, limit touch on bar OHLC).
For reproducibility, trade without intrabar (bar-close only).
Limitations
No full tick simulation; limit fills rely on bar OHLC.
Liquidity “cleanup” is rule-based (not an orderbook).
Telegram depends on correct webhook configuration.
Tips
Timeframes: M5 (intrabar)
Start with modest R:R (e.g., 1.5–2.0) and tune filters carefully.
Disclaimer
No financial advice. Past results do not guarantee future performance. Use responsibly and follow Public Library rules.
License / Credits
© 2025 Lean Trading (Lennart Pomreinke). License: MPL-2.0.
Changelog
V06.1: Intrabar switch (Open/intrabar vs bar-close), Telegram sanitizer & tester, HTF-FVG cleanup, refined pending/cancel logic, debug panel (status & rejections).
Dual Channel System [Alpha Extract]A sophisticated trend-following and reversal detection system that constructs dynamic support and resistance channels using volatility-adjusted ATR calculations and EMA smoothing for optimal market structure analysis. Utilizing advanced dual-zone methodology with step-like boundary evolution, this indicator delivers institutional-grade channel analysis that adapts to varying volatility conditions while providing high-probability entry and exit signals through breakthrough and rejection detection with comprehensive visual mapping and alert integration.
🔶 Advanced Channel Construction
Implements dual-zone architecture using recent price extremes as foundation points, applying EMA smoothing to reduce noise and ATR multipliers for volatility-responsive channel widths. The system creates resistance channels from highest highs and support channels from lowest lows with asymmetric multiplier ratios for optimal market reaction zones.
// Core Channel Calculation Framework
ATR = ta.atr(14)
// Resistance Channel Construction
Resistance_Basis = ta.ema(ta.highest(high, lookback), lookback)
Resistance_Upper = Resistance_Basis + (ATR * resistance_mult)
Resistance_Lower = Resistance_Basis - (ATR * resistance_mult * 0.3)
// Support Channel Construction
Support_Basis = ta.ema(ta.lowest(low, lookback), lookback)
Support_Upper = Support_Basis + (ATR * support_mult * 0.4)
Support_Lower = Support_Basis - (ATR * support_mult)
// Smoothing Application
Smoothed_Resistance_Upper = ta.ema(Resistance_Upper, smooth_periods)
Smoothed_Support_Lower = ta.ema(Support_Lower, smooth_periods)
🔶 Volatility-Adaptive Zone Framework
Features dynamic ATR-based width adjustment that expands channels during high-volatility periods and contracts during consolidation phases, preventing false signals while maintaining sensitivity to genuine breakouts. The asymmetric multiplier system optimizes zone boundaries for realistic market behavior patterns.
// Dynamic Volatility Adjustment
Channel_Width_Resistance = ATR * resistance_mult
Channel_Width_Support = ATR * support_mult
// Asymmetric Zone Optimization
Resistance_Zone = Resistance_Basis ± (ATR_Multiplied * )
Support_Zone = Support_Basis ± (ATR_Multiplied * )
🔶 Step-Like Boundary Evolution
Creates horizontal step boundaries that update on smoothed bound changes, providing visual history of evolving support and resistance levels with performance-optimized array management limited to 50 historical levels for clean chart presentation and efficient processing.
🔶 Comprehensive Signal Detection
Generates break and bounce signals through sophisticated crossover analysis, monitoring price interaction with smoothed channel boundaries for high-probability entry and exit identification. The system distinguishes between breakthrough continuation and rejection reversal patterns with precision timing.
🔶 Enhanced Visual Architecture
Provides translucent zone fills with gradient intensity scaling, step-like historical boundaries, and dynamic background highlighting that activates upon zone entry. The visual system uses institutional color coding with red resistance zones and green support zones for intuitive
market structure interpretation.
🔶 Intelligent Zone Management
Implements automatic zone relevance filtering, displaying channels only when price proximity warrants analysis attention. The system maintains optimal performance through smart array management and historical level tracking with configurable lookback periods for various market conditions.
🔶 Multi-Dimensional Analysis Framework
Combines trend continuation analysis through breakthrough patterns with reversal detection via rejection signals, providing comprehensive market structure assessment suitable for both trending and ranging market conditions with volatility-normalized accuracy.
🔶 Advanced Alert Integration
Features comprehensive notification system covering breakouts, breakdowns, rejections, and bounces with customizable alert conditions. The system enables precise position management through real-time notifications of critical channel interaction events and zone boundary violations.
🔶 Performance Optimization
Utilizes efficient EMA smoothing algorithms with configurable periods for noise reduction while maintaining responsiveness to genuine market structure changes. The system includes automatic historical level cleanup and performance-optimized visual rendering for smooth operation across all timeframes.
Why Choose Dual Channel System ?
This indicator delivers sophisticated channel-based market analysis through volatility-adaptive ATR calculations and intelligent zone construction methodology. By combining dynamic support and resistance detection with advanced signal generation and comprehensive visual mapping, it provides institutional-grade channel analysis suitable for cryptocurrency, forex, and equity markets. The system's ability to adapt to varying volatility conditions while maintaining signal accuracy makes it essential for traders seeking systematic approaches to breakout trading, zone reversals, and trend continuation analysis with clearly defined risk parameters and comprehensive alert integration. Also to note, this indicator is best suited for the 1D timeframe.
