Mimic liquidity Order Blocks Modifiedits help to find liquidity order block and the bull bear percentage also delta
Volume
Tick-Based Delta Volume BubblesTICK-BASED DELTA VOLUME BUBBLES
OVERVIEW
A real-time order flow indicator that displays volume delta at the tick level, helping traders identify buying and selling pressure as it develops during live market hours. Unlike traditional volume delta indicators that rely on bar close data, this indicator captures actual tick-by-tick volume changes and directional bias, providing granular insight into market dynamics.
HOW IT WORKS
The indicator monitors live tick data during real-time trading by tracking volume increases between consecutive price updates. Each time volume increments, the script calculates the volume delta, determines price direction, assigns directional bias to the volume, and accumulates net delta for each bar.
This methodology is identical to the tick detection mechanism used in professional cumulative volume delta tools, ensuring accuracy and reliability.
FEATURES
Real-Time Tick Detection
- Captures genuine tick-by-tick volume flow using varip persistence
- Not estimated from OHLC data
- Processes actual market ticks as they occur
Adaptive Bubble Sizing
- Bubbles scale based on delta strength relative to a customizable moving average (default 20 bars)
- Highlights significant order flow imbalances
- Five size levels from tiny to huge
Dual Display Modes
- Normal Mode: Sized bubbles with optional volume labels positioned at bar midpoint
- Minimal Mode: Clean dots above/below bars for unobtrusive delta visualization
Flow Classification
- Aggressive Buy (bright green): Strong positive delta with greater than 1.2x strength
- Aggressive Sell (bright red): Strong negative delta with greater than 1.2x strength
- Passive Buy (light green): Moderate positive delta
- Passive Sell (light red): Moderate negative delta
Intensity Mode (Optional)
- Gray: Low intensity (less than 0.5x average)
- Blue: Medium intensity (0.5-1.0x average)
- Orange: High intensity (1.0-2.0x average)
- Red: Extreme intensity (greater than 2.0x average)
Smart Filtering
- Percentile-based filters (customizable) ensure only significant delta events are displayed
- Reduces chart clutter while highlighting important order flow
- Separate thresholds for bubble display and numeric labels
Data Collection Status
- Optional progress box in top-right corner
- Shows real-time bar collection progress
- Displays percentage completion and bars remaining
- Automatically hides when sufficient data is collected
Hide Until Ready Option
- Suppresses bubble display until the averaging period is complete
- Prevents misleading signals from incomplete data
- Default requires 20 bars before displaying bubbles
SETTINGS
Delta Average Length (1-200, default 20)
- Lookback period for calculating delta strength baseline
- Higher values = longer-term delta comparison
- Lower values = more sensitive to recent changes
Hide Bubbles Until Enough Data
- Prevents display until averaging period completes
- Ensures reliable delta strength calculations
Show Data Collection Status Box
- Displays progress indicator during initialization
- Can be disabled if you understand the warmup period
Minimal Mode
- Switches to simple dot display above/below bars
- Green dots above bars = positive delta
- Red dots below bars = negative delta
- Maintains color intensity or flow type classification
Show Bubbles
- Master toggle for bubble display
Bubble Volume Percentile (0-100, default 60)
- Minimum percentile rank required to display bubble
- Higher values = fewer, more significant bubbles
- Lower values = more bubbles displayed
Show Numbers in Bubbles
- Toggle delta value labels
- Only appears in normal mode
- Disabled automatically in minimal mode
Label Volume Percentile (0-100, default 90)
- Higher threshold for displaying numeric labels
- Typically set higher than bubble percentile
- Reduces label clutter on chart
Intensity Mode
- Switch from flow-type coloring to magnitude-based coloring
- Useful for identifying volume spikes regardless of direction
IMPORTANT NOTES
Real-Time Only: This indicator processes live tick data and does not provide historical analysis. It begins collecting data when added to a live chart.
Volume Required: Symbol must have volume data available. Will not function on symbols without volume (most forex pairs from retail brokers).
Initialization Period: Requires the specified number of bars (default 20) to calculate accurate delta strength. Use the "Hide Until Ready" option to prevent premature signals.
Market Hours: Only collects data during live market hours. Does not backfill historical data.
CREDITS
Tick detection methodology inspired by the Kioseff Trading Tick CVD indicator. This implementation adapts the same core tick-level volume delta calculation for bubble-style visualization and per-bar delta analysis.
Swing Points & Liquidity — ENHANCED PRO (Dark/Light Mode)This indicator — “Swing Points & Liquidity — ENHANCED PRO (Dark/Light Mode)” — automatically detects and visualizes swing highs, swing lows, and liquidity levels on the chart with rich analytics and customizable visuals.
🔍 Core Features
Smart Swing Detection: Identifies pivot highs/lows based on adjustable left/right bar settings.
Liquidity Visualization: Draws dynamic boxes and lines for liquidity pools and swing zones.
Volume & OI Integration: Filters and colors levels using volume and Open Interest Δ (change).
Strength Meter: Highlights strong liquidity levels with color gradients based on OI + volume intensity.
Automatic Trendlines: Connects swing points with selectable style and width.
Fibonacci Mapping: Automatically projects fib retracements (23.6%, 38.2%, 50%, 61.8%, 78.6%) from swing-to-swing for confluence zones.
Statistics Panel: Displays live metrics — total levels, active/filled count, success rate, and average strength.
Alerts System: Alerts for new swing formations and when price touches or breaks a level.
Multi-Timeframe Option: Analyze swing structures from higher timeframes on any chart.
Dual Theme Mode: Fully optimized for both Dark and Light interface preferences.
⚙️ Advanced Options
Adjustable lookback range
Hide or extend filled levels
Configurable volume and OI thresholds
Supports multiple OI data sources (Binance, BitMEX, Kraken)
Fully dynamic text, color, and label alignment settings
💡 Use Case
Perfect for Smart Money Concept (SMC) and ICT-style analysis, liquidity sweeps, and swing-based trading.
Traders can quickly visualize where liquidity sits, track how it gets filled, and monitor structure shifts in real time.
Dynamic Volume Based Key Price LevelsDescription
This indicator introduces a volume-based approach to detecting support and resistance zones.
Instead of relying on price swings or pivots, it analyzes where the most trading activity occurred within a selected lookback period, then marks those levels directly on the chart.
The result is a clear visual map of price areas with strong historical participation, which often act as reaction zones in future moves.
How It Works
The script divides the analyzed range into price bins, sums traded volume for each bin, and highlights the strongest levels based on their share of total volume.
It also includes an optional multi-timeframe mode, allowing traders to analyze higher timeframe volume structures on a lower timeframe chart.
Key Features
🔹 Volume-Based Key Levels Detection: Finds statistically meaningful price zones derived from raw volume data.
🔹 Multi-Timeframe Mode: Optionally use higher timeframe volume to identify key market structure levels.
🔹 Visual Customization: Configure colors, line styles, transparency, and label formatting.
🔹 Automatic Ranking: Highlights the strongest to weakest levels using a color gradient.
🔹 Dynamic Updates: Levels adapt automatically as new bars form.
Inputs Overview
Lookback Bars: Number of historical bars used for analysis.
Price Bins: Defines the precision of volume distribution.
Number of Lines: How many key levels to display.
Min Volume %: Filters out less relevant low-volume bins.
Extend Lines: Choose how lines are projected into the future.
Use Higher Timeframe: Pull data from a higher timeframe for broader perspective.
How to Use
Apply the indicator to your chart and adjust the lookback period.
Optionally enable higher timeframe mode for more stable long-term zones.
Observe the horizontal lines — these represent volume-weighted support and resistance areas.
Combine with your existing tools for trend or momentum confirmation.
This tool helps visualize where market participation was strongest, giving traders a clearer view of potential reaction zones for both intraday and swing analysis.
It’s intended as a visual analytical aid, not a signal generator.
⚠️Disclaimer:
This script is provided for educational and informational purposes only. It is not financial advice and should not be considered a recommendation to buy, sell, or hold any financial instrument. Trading involves significant risk of loss and is not suitable for every investor. Users should perform their own due diligence and consult with a licensed financial advisor before making any trading decisions. The author does not guarantee any profits or results from using this script, and assumes no liability for any losses incurred. Use this script at your own risk.
xVWAP (Multi-Source VWAP)This indicator lets you plot a true cross-symbol VWAP — volume-weighted average price taken from any symbol or from your current chart. It’s ideal for futures, micros/minis, indices, and correlated assets (e.g., MGC ↔ GC1!, MNQ ↔ NQ1!, ES ↔ SPX).
You can choose the source symbol, anchor period, and display up to three standard-deviation bands around VWAP.
In the chart, since I trade Micros, I used MGC1! (colored), then overlay it with the VWAP from GC1! (Grey).
Delta Volume ReversalThis script displays Delta Volume-based reversal arrows by analyzing buying vs. selling volume from a lower timeframe. An up arrow appears when a red candle closes with dominant buying volume (bullish delta), while a down arrow appears on green candles with dominant selling volume (bearish delta). This highlights potential hidden strength or weakness in price action.
Credits:
Original from Delta Volume by SiddWolf — adapted and enhanced with reversal arrow visualization.
MACD-V with RSI Gradient## Overview
MACD-V is a volatility-adjusted momentum indicator that normalizes MACD using ATR. This version adds a dynamic RSI-based background gradient to highlight momentum zones visually.
## Features
- **MACD-V Line**: EMA-based momentum normalized by ATR
- **Signal Line**: EMA of MACD-V
- **Histogram**: Color-coded based on slope and polarity
- **RSI Gradient Background**: Shading from bright green (RSI > 75) to bright red (RSI < 30), with intermediate tones for momentum context
## Use Case
Designed for 30-minute oil futures charts, this indicator helps identify:
- Trend strength and reversals
- Momentum zones using RSI shading
- Pullback opportunities and exhaustion zones
## Inputs
- Fast EMA (default: 12)
- Slow EMA (default: 26)
- Signal EMA (default: 9)
- ATR Length (default: 26)
## Notes
- RSI shading is purely visual—no alerts are wired in yet
- Histogram renders behind MACD-V and Signal lines for clarity
- Colors are tuned for dark charts
## Credits
The MACD-v is an indicator created in 2015 by Alex Spiroglou
and presented to the public in 2022
as a paper called: "𝗠𝗔𝗖𝗗-𝘃: 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁𝘆 𝗡𝗼𝗿𝗺𝗮𝗹𝗶𝘀𝗲𝗱 𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺"
It received the following Awards:
1. “𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐀𝐰𝐚𝐫𝐝” (2022),
for advances in Active Investment Management
from the National Association of Active Investment Managers (NAAIM)
2. “𝐂𝐡𝐚𝐫𝐥𝐞𝐬 𝐇. 𝐃𝐨𝐰 𝐀𝐰𝐚𝐫𝐝” (2022)
for outstanding research in Technical Analysis,
from the Chartered Market Technicians Association (CMTA)
The RSI Gradient was my idea, but quite frankly, if I go looking around I suppose I'll find that others had the same idea.
This is the first time I've ever published any code, so if I stepped on anyone's toes. I'm sorry.
XAUUSD Scalper-AbsoluteTesting for first time, indicator with an idea to get the volitality. first time will be bad but let us see with time
High Volume Arrow Signals (Ajustável)The High Volume Arrow Signals (Adjustable) indicator is a professional technical analysis tool designed to clearly pinpoint moments when trading volume significantly exceeds its recent average, signaling potential institutional pressure, strong conviction, or market exhaustion.
Its primary function is to overlay confirmation signals directly onto the price bars without altering the original candle colors.
Strategic Application
This indicator is most effective when used as a confluence tool to confirm moves initiated by price action or other indicators:
Breakout Confirmation: An arrow plotted during a price range breakout suggests the move has genuine volume conviction.
Reversal Identification: A Buy arrow appearing at a key support level (or a Sell arrow at resistance) indicates strong volume rejection and a potential turning point.
The adjustable multiplier ensures users can fine-tune the indicator to the specific volatility and volume characteristics of assets like BTC and ETH across different timeframes.
Squeeze Momentum MACDSqueeze Momentum MACD
🧠 Description
Squeeze Momentum MACD combines the concept of market volatility compression (the “squeeze”) from Bollinger Bands (BB) and Keltner Channels (KC) with a MACD-style momentum oscillator to reveal potential breakout phases.
The indicator first calculates:
BB Width = Upper Band − Lower Band
KC Width = Upper Band − Lower Band
Then it computes their difference:
Δ = BB Width − KC Width
When Δ > 0 → BB width is greater than KC width → volatility is expanding → potential momentum breakout.
When Δ < 0 → BB is inside KC → volatility is compressing → potential squeeze phase before expansion.
This Δ value is then processed through a MACD-style calculation:
MACD Line = EMA(fast) − EMA(slow)
Signal Line = EMA(MACD, signal length)
Histogram = MACD − Signal
The result is a visual momentum oscillator that behaves like MACD but measures volatility expansion instead of price direction.
🔹 Features:
Dynamic 4-color MACD & Signal lines (positive/negative + rising/falling)
Optional display of raw BB & KC widths
Fully adjustable parameters for BB, KC, and MACD
Works on all timeframes and instruments
🔹 Ideal For:
Detecting market squeezes and breakout momentum
Timing entries before volatility expansion
Integrating volatility and momentum into a single framework
Aggregated Long Short Ratio (Binance + Bybit)This indicator displays the Long/Short Ratio (LSR) from Binance and Bybit exchanges, plus an aggregated average. LSR shows the ratio between traders holding long positions vs short positions.
Settings AvailableExchanges Group:
☑️Show Binance - Display Binance LSR line
☑️ Show Bybit - Display Bybit LSR line
☑️ Show Aggregated LSR - Display combined average
Timeframe - Choose data timeframe (leave empty for chart timeframe)
Visualization Group:
🎨 Binance Color - Default: Yellow
🎨 Bybit Color - Default: Orange
🎨 Aggregated Color - Default: White
📖 How to Read the Indicator
⚠️ CRITICAL: Always analyze LSR together with Open Interest (OI)
Key Levels:
LSR = 1.0 (gray dashed line) = Balance - Equal longs and shorts
LSR > 1.0 = More longs than shorts (bullish sentiment)
LSR < 1.0 = More shorts than longs (bearish sentiment)
Extreme Zones:
LSR > 1.5 (green zone) = Very bullish - Possible market top
LSR < 0.5 (red zone) = Very bearish - Possible market bottom
Why Open Interest Matters:
LSR alone doesn't tell the full story. You MUST check Open Interest:
Rising OI + High LSR (>1.5) = New longs opening → Strong momentum OR potential trap
Rising OI + Low LSR (<0.5) = New shorts opening → Strong momentum OR potential trap
Falling OI + Extreme LSR = Positions closing → Weak signal, avoid trading
Stable OI + Extreme LSR = No new positions → Less reliable signal
💡 Trading Interpretation
⚠️ ALWAYS combine LSR with Open Interest analysis!
Contrarian Strategy (High Leverage Zones):
High LSR (>1.5) + Rising OI → Many new longs → Potential short squeeze OR reversal down
Low LSR (<0.5) + Rising OI → Many new shorts → Potential long squeeze OR reversal up
Trend Confirmation:
Rising LSR + Rising price + Rising OI = Strong bullish trend with new positions
Falling LSR + Falling price + Rising OI = Strong bearish trend with new positions
Weak Signals (Avoid):
Extreme LSR + Falling OI = Positions closing → Low conviction
Extreme LSR + Stable OI = No new money → Wait for confirmation
Divergences:
Price higher highs but LSR falling + Rising OI = Bearish divergence (shorts accumulating)
Price lower lows but LSR rising + Rising OI = Bullish divergence (longs accumulating)
Best Setups:
Reversal: Extreme LSR (>1.5 or <0.5) + Rising OI + Price rejection
Trend: LSR trending with price + Steadily rising OI
Caution: Extreme LSR + Falling OI = Ignore signal
Built-in Alerts
The indicator includes 4 preset alerts:
LSR Crossed Above 1.0 - Market turned bullish
LSR Crossed Below 1.0 - Market turned bearish
LSR Very High - Above 1.5 (possible top)
LSR Very Low - Below 0.5 (possible bottom)
To Set Up Alerts:
Click the "..." on the indicator
Select "Add Alert"
Choose the condition you want
Configure notification method
Best Practices
MANDATORY: Always add Open Interest indicator to your chart alongside LSR
To add OI: Click Indicators → Search "Open Interest" → Add official TradingView OI
Use on perpetual futures charts (symbols ending in .P)
Works best on USDT pairs (BTCUSDT, ETHUSDT, etc.)
Combine LSR + OI + price action + support/resistance levels
Higher timeframes (4h, 1D) give more reliable signals
Don't trade LSR extremes without confirming OI direction
Golden Rule: Rising OI = Strong signal | Falling OI = Weak signal
⚠️ Important Notes
Indicator requires TradingView Premium or above (uses Request library)
Only works on crypto perpetual futures
Data availability depends on exchange API
NA values mean data is not available for that exchange/symbol
Never use LSR without Open Interest context
Volume Profile with 8 EMAs and Ichimoku Cloud — Multi-Timeframe This script merges three proven concepts — Volume Profile, 8 customizable EMAs, and Ichimoku Cloud — into a single overlay that helps traders quickly identify **high-probability zones for entries and exits.
1. Volume Profile (Market Profile logic, Steidlmayer 1980s)
- Builds a horizontal histogram over the selected look-back period
- Highlights the **Point of Control (PoC) and Value Area (VA) where 68 % of volume traded
- Choose between **bullish, bearish, or both volume types
- Toggle **visible-range or fixed-bar mode
2. Eight Exponential Moving Averages
- Default lengths: 10, 25, 61, 78, 125, 150, 300, 500
- Each EMA can **trigger its own crossover alert** (up/down arrows on chart)
- Colors and thickness automatically scale with length for instant visual parsing
3. Ichimoku Cloud (Goichi Hosoda, 1930)
- Full cloud calculation: Tenkan, Kijun, Senkou A/B, Chikou
- Dynamic trend labels: “Bullish Trend” / “Bearish Trend” when price is above/below the cloud and TK cross agrees
- Cloud color reflects sentiment (green = bullish, red = bearish)
How to use
- Look for **confluence**: price inside Value Area + EMA stack aligned + Ichimoku cloud color match
- Use PoC as intraday support/resistance for scalps
- Enable only the **EMA alerts you actually trade** to avoid noise
This is not a simple mash-up**: the three modules are visually integrated so that Volume Profile levels, EMA slopes, and Ichimoku cloud boundaries can be compared at a glance without switching indicators.
Institutional Orderflow Pro — VWAP, Delta, and Liquidity
Institutional Orderflow Pro is a next-generation order flow analysis indicator designed to help traders identify institutional participation, directional bias, and exhaustion zones in real time.
Unlike traditional volume-based indicators, it merges VWAP dynamics, cumulative delta, relative volume, and liquidity proximity into a single unified dashboard that updates tick-by-tick — without repainting.
The indicator is open-source, transparent, and educational. It aims to provide traders with a clearer read on who controls the market — buyers or sellers — and where liquidity lies.
The indicator combines multiple institutional-grade analytics into one framework:
RVOL (Relative Volume) = Compares current volume against the average of recent bars to identify strong institutional participation.
zΔ (Delta Z-Score) = Normalizes the buying/selling delta to reveal unusually aggressive market behavior.
CVDΔ (Cumulative Volume Delta Change) = Shows which side (buyers/sellers) is dominating this bar’s order flow.
VWAP Direction & Slope = Determines whether price is trading above/below VWAP and whether VWAP is trending or flat.
PD Distance (Prev Day Confluence) = Measures the current price’s distance from previous day’s high, low, close, and VWAP in ATR units — highlighting liquidity zones.
ABS/EXH Detection = Identifies institutional absorption and exhaustion patterns where momentum may reverse.
Bias Computation = Combines VWAP direction + slope to give a simplified regime signal: UP, DOWN, or FLAT.
All metrics are displayed through a color-coded, non-repainting HUD:
🟢 = bullish / favorable conditions
🔴 = bearish / weak conditions
⚫ = neutral / flat
🟡 = absorption (potential trap zone)
🟠 = exhaustion (momentum fading)
| Metric | Signal | Meaning |
| ---------------------- | ------- | ---------------------------------------------- |
| **RVOL ≥ 1.3** | 🟢 | High institutional activity — valid setup zone |
| **zΔ ≥ 1.2 / ≤ -1.2** | 🟢 / 🔴 | Unusual buy/sell aggression |
| **CVDΔ > 0** | 🟢 | Buyers dominate this bar |
| **VWAP dir ↑ / ↓** | 🟢 / 🔴 | Institutional bias long/short |
| **Slope ok = YES** | 🟢 | Trending market |
| **PD dist ≤ 0.35 ATR** | 🟢 | Near key liquidity zones |
| **Bias = UP/DOWN** | 🟢 / 🔴 | Trend-aligned environment |
| **ABS/EXH active** | 🟡 / 🟠 | Caution — possible reversal zone |
How to Use
Confirm Volume Context → RVOL > 1.2
Align with Bias → Take longs only when Bias = UP, shorts only when Bias = DOWN.
Check Slope and VWAP Dir → Ensure trending context (Slope = YES).
Confirm CVD and zΔ → Flow should agree with price direction.
Avoid ABS/EXH Triggers → These signal exhaustion or absorption by large players.
Enter Near PD Zones → Ideal trade zones are within 0.35 ATR of prior-day levels.
This multi-factor confirmation reduces noise and focuses only on high-probability institutional setups.
Originality
This script was written from scratch in Pine v6.
It does not reuse existing public indicators except for standard built-ins (ta.vwap, ta.atr, etc.).
The unique combination of delta z-scoring, VWAP slope filtering, and real-time confluence zones distinguishes it from typical orderflow tools or cumulative delta overlays.
The core innovation is its merged real-time HUD that integrates institutional metrics and natural-language feedback directly on the chart, allowing traders to read market context intuitively rather than decode multiple subplots.
Notes & Disclaimers
This indicator does not repaint.
It’s intended for educational and analytical purposes only — not as financial advice or a guaranteed signal system.
Works best on liquid instruments (Futures, Indices, FX majors).
Avoid non-standard chart types (Heikin Ashi, Renko, etc.) for accurate readings.
Open-source, modifiable, and compatible with Pine v6.
Recommended Use
Apply it with clean charts and standard candles for the best clarity.
Use alongside a basic structure or volume profile to contextualize institutional bias zones.
Author: Dhawal Ranka
Category - Orderflow / VWAP / Institutional Analysis
Version: Pine Script™ v6
License: Open Source (Educational Use)
High Volume AlertThis Pine Script monitors trading volume in real time and alerts you whenever current volume is unusually high — specifically, when it’s greater than a chosen multiple (for example, 1.5×) of the average volume over a recent period (for example, 20 bars).
It’s a quick way to detect volume spikes, which often precede breakouts or reversals.
BTC — CVD Divergence (Spot & Perp, robuste v6)If the price is above the CVD, it usually means the move is being pushed by leverage rather than real buying — the market is stretched and at risk of a correction.
If the price is below the CVD, it suggests that buyers are quietly absorbing — pressure is building for a bullish recovery once leverage clears out.
Volume Biased CandlesVolume Biased Candles
This indicator visualizes the underlying volume polarity of price action by coloring candles based on directional volume bias over a rolling bucket of bars.
Instead of reading price alone, each candle reflects whether buying or selling pressure has dominated within its recent volume structure — giving a more intuitive picture of volume sentiment beneath price movement.
🔹 How it works
Bucket Size (n) → defines how many candles are aggregated to evaluate directional volume bias
For each bucket, total up-volume and down-volume are compared to determine overall market pressure
Volume Bias Score → a continuous ratio from -1 to +1, representing the relative dominance of buyers or sellers
Candles are colored according to the active bias — green for positive (buying), red for negative (selling)
🔹 Use cases
Visualize shifts in market control without needing divergence overlays
Combine with delta divergence or price structure tools to validate entries and exits
Simplify volume and price insights into an intuitive, single-chart visualization
✨ Volume Biased Candles transforms standard candles into a live sentiment gauge, revealing whether the dominant flow behind price movement is bullish or bearish.
MACD-V with RSI Gradient## Overview
MACD-V is a volatility-adjusted momentum indicator that normalizes MACD using ATR. This version adds a dynamic RSI-based background gradient to highlight momentum zones visually.
## Features
- **MACD-V Line**: EMA-based momentum normalized by ATR
- **Signal Line**: EMA of MACD-V
- **Histogram**: Color-coded based on slope and polarity
- **RSI Gradient Background**: Shading from bright green (RSI > 75) to bright red (RSI < 30), with intermediate tones for momentum context
## Use Case
Designed for 30-minute oil futures charts, this indicator helps identify:
- Trend strength and reversals
- Momentum zones using RSI shading
- Pullback opportunities and exhaustion zones
## Inputs
- Fast EMA (default: 12)
- Slow EMA (default: 26)
- Signal EMA (default: 9)
- ATR Length (default: 26)
## Notes
- RSI shading is purely visual—no alerts are wired in yet
- Histogram renders behind MACD-V and Signal lines for clarity
- Colors are tuned for dark charts
## Credits
Developed by Mark (SylvaRocks), optimized for tactical clarity and scalping precision.
Open Interest + Continuation/Discontinuation Patterns📈 Open Interest + Continuation/Discontinuation Patterns
This indicator analyzes Open Interest data to detect four key convergence/divergence patterns that signal potential trend continuation or reversal:
Buyer Continuation
Seller Continuation
Buyer Discontinuation
Seller Discontinuation
Each pattern is identified by comparing price action with Open Interest behavior, using pivot-based logic and ATR filtering for precision. When a valid pattern is detected, the indicator draws visual lines on the chart and triggers custom alert conditions for each type, enabling timely decision-making.
The Open Interest data is plotted as a candle-style oscillator, offering a clear view of momentum shifts. The detection logic is fully configurable, allowing users to adjust pivot sensitivity, lookback ranges, and ATR filters to suit different market conditions.
Key features:
🔍 Detects continuation and discontinuation patterns via convergence/divergence logic
🔔 Alerts for all four pattern types
🕯️ Candle-style visualization of Open Interest
⚙️ ATR-based filtering and pivot customization
Perfect for traders seeking to enhance their market timing using Open Interest dynamics and divergence-based signals.
USDJPY Fair Value Gap + Session Strategy🎯 Overview
This strategy combines Fair Value Gaps (FVGs) with session-based order flow analysis, specifically optimized for USDJPY. It identifies price inefficiencies left behind by institutional order flow during high-volatility trading sessions, offering a modern alternative to traditional lagging indicators.
🔬 What Are Fair Value Gaps?
Fair Value Gaps represent areas where aggressive institutional buying or selling created "gaps" in the market structure:
Bullish FVG: Price moves up so aggressively that it leaves unfilled buy orders behind
Bearish FVG: Price moves down so quickly that it leaves unfilled sell orders behind
Research shows approximately 80% of FVGs get "filled" (price returns to the gap) within 20-60 bars, making them highly predictable trading zones.
(see the generated image above)
(see the generated image above)
FVG Detection Logic:
text
// Bullish FVG: Gap between high and current low
bullishFVG = low > high and high > high
// Bearish FVG: Gap between low and current high
bearishFVG = high < low and low < low
🌏 Session-Based Trading
Why Sessions Matter for USDJPY
(see the generated image above)
Tokyo Session (00:00-09:00 UTC)
Highest volatility during first hour (00:00-01:00 UTC)
Average movement: 51-60 pips
Best for breakout strategies
London/NY Overlap (13:00-16:00 UTC)
Maximum liquidity and institutional participation
Tightest spreads and most reliable FVG formations
Optimal for continuation trades
Monday Premium Effect
USDJPY moves 120+ pips on Mondays due to weekend positioning
Enhanced FVG formation during session opens
📊 Strategy Components
(see the generated image above)
1. Fair Value Gap Detection
Identifies bullish and bearish FVGs automatically
Age limit: FVGs expire after 20 bars to avoid stale setups
Size filter: Minimum gap size to filter out noise
2. Session Filtering
Tokyo Open focus: Trades during first hour of Asian session
London/NY Overlap: Captures high-liquidity institutional flows
Weekend gap strategy: Enhanced signals on Monday opens
3. Volume Confirmation
Requires 1.5x average volume spike
Confirms institutional participation
Reduces false signals
4. Trend Alignment
50 EMA filter ensures trades align with higher timeframe trend
Long trades above EMA, short trades below
Prevents costly counter-trend trades
5. Risk Management
2:1 Risk/Reward minimum ensures profitability with 40%+ win rate
Percentage-based stops adapt to USDJPY volatility (0.3% default)
Configurable position sizing
🎯 Entry Conditions
(see the generated image above)
Long Entry (BUY)
✅ Bullish FVG detected in previous bars
✅ Price returns to FVG zone during active trading session
✅ Volume spike above 1.5x average
✅ Price above 50 EMA (trend confirmation)
✅ Bullish candle closes within FVG zone
✅ Trading during Tokyo open OR London/NY overlap
Short Entry (SELL)
✅ Bearish FVG detected in previous bars
✅ Price returns to FVG zone during active trading session
✅ Volume spike above 1.5x average
✅ Price below 50 EMA (trend confirmation)
✅ Bearish candle closes within FVG zone
✅ Trading during Tokyo open OR London/NY overlap
📈 Expected Performance
Backtesting Results (Based on Similar Strategies):
Win Rate: 44-59% (profitable due to high R:R ratio)
Average Winner: 60-90 pips during London/NY sessions
Average Loser: 30-40 pips (tight stops at FVG boundaries)
Risk/Reward: 2:1 minimum, often 3:1 during strong trends
Best Performance: Monday Tokyo opens and Wednesday London/NY overlaps
Why This Works for USDJPY:
90% correlation with US-Japan bond yield spreads
High volatility provides sufficient pip movement
Heavy institutional/central bank participation creates clear FVGs
Consistent volatility patterns across trading sessions
⚙️ Configurable Parameters
Session Settings:
Trade Tokyo Session (Enable/Disable)
Trade London/NY Overlap (Enable/Disable)
FVG Settings:
FVG Minimum Size (Filter small gaps)
Maximum FVG Age (20 bars default)
Show FVG Markers (Visual display)
Volume Settings:
Use Volume Filter (Enable/Disable)
Volume Multiplier (1.5x default)
Volume Average Period (20 bars)
Trend Settings:
Use Trend Filter (Enable/Disable)
Trend EMA Period (50 default)
Risk Management:
Risk/Reward Ratio (2.0 default)
Stop Loss Percentage (0.3% default)
🎨 Visual Indicators
🟡 Yellow Line: 50 EMA trend filter
🟢 Green Triangles: Long entry signals
🔴 Red Triangles: Short entry signals
🟢 Green Dots: Bullish FVG zones
🔴 Red Dots: Bearish FVG zones
🟦 Blue Background: Tokyo open session
🟧 Orange Background: London/NY overlap
📊 Recommended Settings
Optimal Timeframes:
Primary: 5-minute charts (scalping)
Secondary: 15-minute charts (swing trading)
Parameter Optimization:
Conservative: Stop Loss 0.2%, R:R 2:1, Volume 2.0x
Balanced: Stop Loss 0.3%, R:R 2:1, Volume 1.5x (default)
Aggressive: Stop Loss 0.4%, R:R 1.5:1, Volume 1.2x
Risk Management:
Maximum 1-2% of account per trade
Daily loss limit: Stop after 3-5 consecutive losses
Use fixed percentage position sizing
⚠️ Important Considerations
Avoid Trading During:
Major news events (BOJ interventions, NFP, FOMC)
Holiday periods with reduced liquidity
Low volatility Asian afternoon sessions
When US-Japan yield differential narrows sharply
Best Practices:
Limit to 2-3 trades per session maximum
Always respect the 50 EMA trend filter
Never risk more than planned per trade
Paper trade for 2-4 weeks before live implementation
Track performance by session and day of week
🚀 How to Use
Add the script to your USDJPY chart
Set timeframe to 5-minute or 15-minute
Adjust parameters based on your risk tolerance
Enable strategy alerts for automated notifications
Wait for visual signals (triangles) to appear
Enter trades according to your risk management rules
📚 Strategy Foundation
This strategy is based on:
Smart Money Concepts (SMC): Institutional order flow tracking
Market Microstructure: Understanding how FVGs form in electronic trading
Quantified Risk Management: Statistical edge through proper R:R ratios
Session Liquidity Patterns: Exploiting predictable volatility cycles
Regular-Delta RSI Gap Indicator# Regular-Delta RSI Gap Indicator
## Overview
The **Regular-Delta RSI Gap Indicator** is a sophisticated momentum oscillator that compares traditional RSI with volume-based Delta RSI to identify trend strength and potential reversal points. This unique indicator combines price action with volume dynamics to provide enhanced market insights.
## Key Features
### 🔄 Dual RSI Analysis
- **Regular RSI**: Standard RSI based on price changes
- **Delta RSI**: Volume-weighted RSI calculated from volume change rates
- **Visual Comparison**: Clear plotting of both RSIs with ribbon fill
### 💪 Strength Measurement
- **ADX-style Strength Calculation**: Measures the divergence strength between Regular and Delta RSI
- **Configurable Threshold**: Customizable strength level for trend validation
- **Trend Classification**: Identifies strong vs. weak market conditions
### 📊 Multiple Display Options
- **Histogram Visualization**: Columns showing the gap between Regular and Delta RSI
- **Cross Signals**: Triangle markers for crossover events
- **Ribbon Fill**: Color-coded area between the two RSI lines
- **Real-time Table**: Summary table showing current values and trends
## Input Parameters
### Core Settings
- **RSI Period** (default: 14): Calculation period for both RSIs
- **Strength Smoothing** (default: 14): Smoothing period for strength calculation
- **Strength Threshold** (default: 5): Minimum level for strong trend classification
### Visual Customization
- **Show Histogram**: Toggle histogram display
- **Show Signals**: Display crossover signals
- **Show Labels**: Enable trend labels and information table
- **Histogram Height Scale**: Adjust histogram visibility (0.1-3.0)
- **Apply Ribbon Fill**: Enable/disable ribbon coloring
### Color Scheme
- Fully customizable colors for bullish, bearish, neutral, and strength elements
## Interpretation
### Trend Signals
- **Strong Uptrend**: Regular RSI > Delta RSI + Strength above threshold
- **Strong Downtrend**: Regular RSI < Delta RSI + Strength above threshold
- **Weak Trend**: Strength below threshold
### Key Levels
- **Overbought**: 70 level (red line)
- **Oversold**: 30 level (blue line)
- **Midline**: 50 level (gray dotted line)
- **Zero Line**: Histogram baseline
- **Threshold**: Strength reference line
### Signal Types
1. **Crossover Signals**: Regular RSI crossing above/below Delta RSI
2. **Strength Transitions**: Strength line crossing threshold
3. **Histogram Patterns**: Column color and height changes
## Alerts
The indicator provides four alert conditions:
- Divergence Strength Rising
- Divergence Strength Falling
- RSI Crossover (Regular above Delta)
- RSI Crossunder (Regular below Delta)
## Use Cases
- **Trend Confirmation**: Validate price trends with volume confirmation
- **Reversal Detection**: Spot potential trend changes early
- **Momentum Analysis**: Gauge market momentum strength
- **Divergence Trading**: Identify regular/volume RSI divergences
## Optimization Tips
- Adjust period lengths based on trading timeframe
- Modify threshold based on market volatility
- Combine with price action for confirmation
- Use in conjunction with support/resistance levels
This indicator is particularly useful for traders looking to incorporate volume confirmation into their RSI analysis and identify high-probability trend continuations or reversals.
