OPEN-SOURCE SCRIPT
Güncellendi Svl - Trading System

Price can tell lies but volume cannot, so keeping this in mind I have created this indicator in which you see sell order block and buy order block on the basis of price action + volume through which we execute our trade
First of all, let us know its core concepts and logic, which will help you in taking the right decisions in it.
core concept of the "Svl - Trading System" TradingView indicator is based on professional price action, volume, and swing structure. This indicator smartly gives real-time insights of important price turning points, reversal zones, and trend continuation. Its deep explanation is given below.
Edit - default swing length -5 , change according your nature , tested With 7 For 5 minute timeframe
Core Concept:
1. Swing Structure Detection
The indicator automatically detects swing highs (HH/LH) and swing lows (HL/LL) on the chart.
HH: Higher High
HL: Higher Low
LH: Lower High
LL: Lower Low
These swings are the backbone of price action – signaling a change in trend, a bounce, reversal or trend continuation.
2. Order Block (OB) Mapping
Buy Order Block (Buy OB): When the indicator detects the HL/LL swing, we declare Buy OB, the lowest point of the swing.
Sell Order Block (Sell OB): On HH/LH swing, the highest point of our swing is called Sell OB.
Order Blocks are those important zones of price where historically price has reacted strongly – where major clusters of buyers/sellers are located in the market.
3. Volume Analysis (Optional Dashboard/Barcolor)
The candle color depends on the volume ranking on the chart (most high/low, normal, pressure blue shade).
Highest/lowest volume candles are a special highlight, which helps to spot liquidity spikes, exhaustion, or big orders.
4. Live Dashboard
There is an automated dashboard in the top-right of the chart, which shows this in real-time:
Last swing type (HH/HL/LH/LL)
Reversal price (last swing level)
Swing direction (Bull/Bear/Neutral)
Volume, Buy OB, Sell OB, etc.
This helps the trader understand the market situation at a glance.
5. Smart Plotting/Labels
Buy/Sell are plotted as distinct lines on the OB chart.
The Labels option gives clear visual swing points.
All calculations are fast and automated – the user does not need to mark manually.
This indicator is an advanced, fully-automated price action tool that combines
trend, reversal, volume, liquidity and zone detection in one smart system,
makes entry/exit decisions objective and error-free,
and provides complete trading confidence with a live monitor/dashboard.
All of its functions/properties such as: swing detect, OB plot, volume color, dashboard follow best practice for professional chart analysis!
First of all, let us know its core concepts and logic, which will help you in taking the right decisions in it.
core concept of the "Svl - Trading System" TradingView indicator is based on professional price action, volume, and swing structure. This indicator smartly gives real-time insights of important price turning points, reversal zones, and trend continuation. Its deep explanation is given below.
Edit - default swing length -5 , change according your nature , tested With 7 For 5 minute timeframe
Core Concept:
1. Swing Structure Detection
The indicator automatically detects swing highs (HH/LH) and swing lows (HL/LL) on the chart.
HH: Higher High
HL: Higher Low
LH: Lower High
LL: Lower Low
These swings are the backbone of price action – signaling a change in trend, a bounce, reversal or trend continuation.
2. Order Block (OB) Mapping
Buy Order Block (Buy OB): When the indicator detects the HL/LL swing, we declare Buy OB, the lowest point of the swing.
Sell Order Block (Sell OB): On HH/LH swing, the highest point of our swing is called Sell OB.
Order Blocks are those important zones of price where historically price has reacted strongly – where major clusters of buyers/sellers are located in the market.
3. Volume Analysis (Optional Dashboard/Barcolor)
The candle color depends on the volume ranking on the chart (most high/low, normal, pressure blue shade).
Highest/lowest volume candles are a special highlight, which helps to spot liquidity spikes, exhaustion, or big orders.
4. Live Dashboard
There is an automated dashboard in the top-right of the chart, which shows this in real-time:
Last swing type (HH/HL/LH/LL)
Reversal price (last swing level)
Swing direction (Bull/Bear/Neutral)
Volume, Buy OB, Sell OB, etc.
This helps the trader understand the market situation at a glance.
5. Smart Plotting/Labels
Buy/Sell are plotted as distinct lines on the OB chart.
The Labels option gives clear visual swing points.
All calculations are fast and automated – the user does not need to mark manually.
This indicator is an advanced, fully-automated price action tool that combines
trend, reversal, volume, liquidity and zone detection in one smart system,
makes entry/exit decisions objective and error-free,
and provides complete trading confidence with a live monitor/dashboard.
All of its functions/properties such as: swing detect, OB plot, volume color, dashboard follow best practice for professional chart analysis!
Sürüm Notları
add volume new logic functionsadd liquidity zone range
Last time we understood how to take trade with help of this indicator, how it works and I also told you about it in the chart, today we will talk about its dashboard, how you can take good profitable trade with its help.
First of all, let us know how dashboard features work, this will make it easier for you to take trades.
Swing – It tells you from Dow Jones theory whether last swing of the market is bullish or bearish and it helps you to understand Current Trend Structure. It may be different on every time frame but if you want to trade on price action + volume basis then it will be useful for you to predict market trend.
Reversal price - Reversal price tells you last time market reversed from where it was last seen. This lets you know whether trend is bullish or bearish after that. Also, if you use order block and liquidity hunting techniques, you can set your target as well.
Swing Dir - Now coming to swing direction, it is based on swing structure and price behavior. You can read its calculation in my description, it tells you direction of the current trend
Ok, till now we have talked about price action but it is also based on volume and you will get best trades and entries through this.
Vol vs prev - This section tells you volume of the current candle and previous candle behavior. This section tells you the difference between volume of current candle and volume of previous candle. This allows you to analyze each candle to see which way the market sentiment is stronger.
Volume - Ok, now to analyze Vol vs Pre in more depth, you have the Volume section. It not only tells you volume number but also tells you in which direction live volume is going, for example, if it is a buy, it will be shown in green and if it is a sell, it will be shown in red. With this, you will be able to catch fake signals with help of candle behavior and volume, that too very quickly, because whenever there is liquidity hunting, in that case, if you use it, you will not be panic and will be able to take right decision.
We have already discussed about Buy OB and Sell OB, so we will not talk about this, if you want to know then you can see description where I have told you how to use it and how it is calculated.
Liquidity Zone - Ok, if you take liquidity based trades then this is going to be very useful for you. It tells you volume + price action based liquidity zone where there is a lot of volume. But market will go here in very rare conditions. But when it goes, you may see good momentum because its calculation is done on the highest volume behavior. then in that case we can understand that it could be some smart money.
I try to give you as many necessary indicators as possible for any trading style so that you can focus only on your trade entry or exit. One user wrote that why do you tell everything on dashboard, so I believe that your chart should be as clear as possible. Indicators are just to help you to take the right decision. The real game is about your mindset and discipline.
Thanks for using indicator and happy trading
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuna uygun olarak, bu komut dosyasının oluşturucusu bunu açık kaynaklı hale getirmiştir, böylece yatırımcılar betiğin işlevselliğini inceleyip doğrulayabilir. Yazara saygı! Ücretsiz olarak kullanabilirsiniz, ancak kodu yeniden yayınlamanın Site Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.