Simple Fractals with Wick Filter & BOSThis advanced fractal indicator combines traditional Williams Fractal analysis with sophisticated wick filtering and Break of Structure (BOS) detection to identify high-probability reversal points and structural breaks in price action.
🔍 How It Works
Fractal Detection: Uses the classic Williams Fractal methodology to identify swing highs and lows. A fractal high occurs when a candle's high is greater than N periods before and after it. Similarly, a fractal low occurs when a candle's low is lower than N periods on both sides.
Wick Filtering: Only displays fractals where the rejection wick meets a minimum threshold, ensuring the fractal represents genuine price rejection rather than minor fluctuations.
Break of Structure (BOS): Monitors when strong candles close beyond previous fractal levels within a specified lookback period, indicating potential trend changes or continuation patterns.
⚙️ Parameter Guide
Periods (Default: 7) - Controls fractal sensitivity
Wick Threshold (Default: 0.4 / 40%) - Minimum wick size relative to total candle range
BOS Lookback Bars (Default: 90) - How far back to monitor fractal levels for potential breaks
Strong Candle Body % (Default: 0.5 / 50%) - Minimum body size required to trigger BOS, Higher values reduce false signals but may miss some valid breaks
📊 Visual Elements
Colored Dots: Small circles mark validated fractals
Top Wick Fractals: Customizable color (default red) above bars
Bottom Wick Fractals: Customizable color (default green) below bars
BOS Lines: Dotted horizontal lines connecting fractal origin to break point
Green Lines: Bullish BOS (price closes above fractal high)
Red Lines: Bearish BOS (price closes below fractal low)
Faded Fractals (Optional): Shows all fractals that didn't meet wick requirements for comparison
🔔 Alerts
The indicator includes built-in alerts for:
High fractal formation with sufficient wick
Low fractal formation with sufficient wick
Bill Williams Göstergeleri
Liquidity-Quant Execution Score (LQES)Liquidity-Quant Execution Score (LQES)
Precision execution insights made simple — your go-to score for market clarity.
What you see:
A dynamic line score plotted clearly below your chart that reflects the market’s execution strength.
Color-coded threshold bands —
The upper red band signals zones where caution is advised (potential bearish conditions).
The lower green band marks areas of potential bullish strength.
A shaded purple zone between the bands that highlights “normal” or neutral conditions.
Features:
Designed to give you a clear sense of market execution dynamics without complex numbers.
Adjustable input parameters allow you to tailor the sensitivity and timeframe to your strategy.
Includes fixed alert conditions to notify you when the score crosses key zones — so you never miss important signals.
How to use it:
Watch for the score crossing above the upper red line — this could hint at increasing market pressure to the downside.
When the score drops below the lower green line, it may suggest bullish momentum picking up.
Use the middle purple zone to identify calm or balanced periods — ideal for preparation or cautious trading.
Why traders rely on LQES:
This indicator translates complex market execution data into one straightforward, visually intuitive score — making it easier to spot shifts in liquidity and price action that matter most for smart entries and exits.
No need to second guess. Just watch the score, respect the zones, and integrate it smoothly with your trading plan.
VIDYA (Chande)This script brings you VIDYA – the Variable Index Dynamic Average, developed by Tushar Chande. It’s not your typical moving average. Unlike the standard SMA or EMA, VIDYA adapts its speed and smoothness based on real-time market momentum using the Chande Momentum Oscillator (CMO).
Think of it like a moving average that gets faster during strong trends and slows down during sideways or choppy markets — just like how a smart trader would!
🧠 What Makes VIDYA Different?
Traditional moving averages use fixed smoothing, so they lag more during big moves or chop during weak trends.
VIDYA fixes that by adapting its behavior dynamically:
When momentum is strong → VIDYA reacts faster 🚀
When momentum is weak → VIDYA smooths out the noise 🧘
⚙️ How It Works (Explained Simply):
1️⃣ CMO Calculation (Chande Momentum Oscillator):
We look at the past cmoLength candles (default 9) and:
i) Add up all the positive price changes (gains)
ii) Add up all the negative price changes (losses)
iii) Use those to compute a normalized momentum score between -100 and +100
📌 CMO = (Gains - Losses) / (Gains + Losses)
• This gives us a momentum reading that powers the next step.
2️⃣ Dynamic Alpha Smoothing:
• We convert the absolute value of the CMO into an alpha — this is the "speed" of the VIDYA.
📌 Higher momentum = higher alpha → faster response
📌 Lower momentum = lower alpha → smoother behavior
3️⃣ VIDYA Formula:
• Finally, we apply the smoothing:
📌 VIDYA = α × Price + (1 - α) × Previous VIDYA
• This equation continuously adapts to market behavior — trending or ranging.
📊 What’s Plotted?
🟠 The VIDYA Line:
A smooth, responsive line plotted on your price chart that adjusts in real-time with price momentum.
🔎 How to Use It:
✅ Use it like a moving average, but smarter:
• Price > VIDYA and rising → Trend is likely up
• Price < VIDYA and falling → Trend is likely down
• Flat VIDYA = Possible consolidation or sideways market
✅ Combine with:
• Breakout strategies (VIDYA confirms momentum)
• Reversal entries (look for price crossing VIDYA)
• Volatility filters (ignore signals when VIDYA flattens)
🧪 Bonus Tip:
Pair this with a volume indicator (like my Volume Confirmation Bars or Volume Strength Highlight) to confirm whether momentum is backed by real participation or just a fakeout.
📩 Want alerts, dual-timeframe overlays, or VIDYA with other base inputs (like typical price or HLC3)? Let me know — happy to expand this for your setup!
Stay adaptive, not reactive — trade smarter with VIDYA! 🧠📉📈
9:15 Range with 0.09% BufferThis strategy is based on the first 9:15 AM candle for Nifty, which is considered a key reference point (also called the "GAN level entry"). It defines a range around the high and low of the 9:15 candle with a 0.09% buffer on both sides.
The upper buffer level acts as a potential resistance.
The lower buffer level acts as a potential support.
When the price crosses above the upper buffer, it signals a possible entry for a Call option (CE) or a long position.
When the price crosses below the lower buffer, it signals a possible entry for a Put option (PE) or a short position.
This approach helps traders identify early breakout opportunities based on the opening candle range, aiming to capture momentum moves in either direction during the trading session.
Bull & Bear Power Separados📄 English Description for TradingView
Bull & Bear Power – Elder Style
This indicator displays the strength of buyers (Bull Power) and sellers (Bear Power) separately, based on Alexander Elder’s original concept.
It uses a 13-period Exponential Moving Average (EMA) as the baseline, calculating:
Bull Power = High – EMA
Bear Power = Low – EMA
✔️ Bull Power (green) shows buying pressure.
✔️ Bear Power (red) shows selling pressure.
Great for analyzing true market momentum and spotting early signs of potential trend reversals.
Can be used as confirmation together with moving averages (e.g., MMA30 and MMA50) or price action signals.
✅ On 1H gold charts (XAUUSD), it has shown solid behavior in filtering entries during clear trends.
Developed and shared for educational purposes by El Bit Criollo.
MestreDoFOMO MACD VisualMasterDoFOMO MACD Visual
Description
MasterDoFOMO MACD Visual is a custom indicator that combines a unique approach to MACD with stochastic logic and simulated Renko-based direction signals. It is designed to help traders identify entry and exit opportunities based on market momentum and trend changes, with a clear and intuitive visualization.
How It Works
Stylized MACD with Stochastic: The indicator calculates the MACD using EMAs (exponential moving averages) normalized by stochastic logic. This is done by subtracting the lowest price (lowest low) from a defined period and dividing by the range between the highest and lowest price (highest high - lowest low). The result is a MACD that is more sensitive to market conditions, magnified by a factor of 10 for better visualization.
Signal Line: An EMA of the MACD is plotted as a signal line, allowing you to identify crossovers that indicate potential trend reversals or continuations.
Histogram: The difference between the MACD and the signal line is displayed as a histogram, with distinct colors (fuchsia for positive, purple for negative) to make momentum easier to read.
Simulated Renko Direction: Uses ATR (Average True Range) to calculate the size of Renko "bricks", generating signals of change in direction (bullish or bearish). These signals are displayed as arrows on the chart, helping to identify trend reversals.
Purpose
The indicator combines the sensitivity of the Stochastic MACD with the robustness of Renko signals to provide a versatile tool. It is ideal for traders looking to capture momentum-based market movements (using the MACD and histogram) while confirming trend changes with Renko signals. This combination reduces false signals and improves accuracy in volatile markets.
Settings
Stochastic Period (45): Sets the period for calculating the Stochastic range (highest high - lowest low).
Fast EMA Period (12): Period of the fast EMA used in the MACD.
Slow EMA Period (26): Period of the slow EMA used in the MACD.
Signal Line Period (9): Period of the EMA of the signal line.
Overbought/Oversold Levels (1.0/-1.0): Thresholds for identifying extreme conditions in the MACD.
ATR Period (14): Period for calculating the Renko brick size.
ATR Multiplier (1.0): Adjusts the Renko brick size.
Show Histogram: Enables/disables the histogram.
Show Renko Markers: Enables/disables the Renko direction arrows.
How to Use
MACD Crossovers: A MACD crossover above the signal line indicates potential bullishness, while below suggests bearishness.
Histogram: Fuchsia bars indicate bullish momentum; purple bars indicate bearish momentum.
Renko Arrows: Green arrows (upward triangle) signal a change to an uptrend; red arrows (downward triangle) signal a downtrend.
Overbought/Oversold Levels: Use the levels to identify potential reversals when the MACD reaches extreme values.
Notes
The chart should be set up with this indicator in isolation for better clarity.
Adjust the periods and ATR multiplier according to the asset and timeframe used.
Use the built-in alerts ("Renko Up Signal" and "Renko Down Signal") to set up notifications of direction changes.
This indicator is ideal for day traders and swing traders who want a visually clear and functional tool for trading based on momentum and trends.
Jesus Vix Spike ComboThis script will:
Show you vix spikes with your 4 different settings.
Draw a white line at the start of each vix.
Draw a dotted green line for 3 spikes in 6 minutes.
Draw a dotted pink line for 3 spikes in 16 minutes.
Draw a green line extending right if it takes out a past low in the last 200 bars plus a spike.
It will also:
Place a white dot on the 5th candle if the price rises past the vix starting point,
a white omega sign on the 6th candle if price rises past the vix starting point,
and a large white dot on the 7th candle past the vix starting point if the price is higher.
It will also:
Show higher time frame EMAs and other emas.
Has some alerts added also.
I have only been using this on the 1 minute chart with $OANDA:SPX500USD.
Ill write about the strategy I use for this soon. But basically you wait for a drop and for some prominent lows to be taken out, then a vix, then your white dot, omega then the large white dot to enter, expect a 100% expansion from the vix low. More aggressive entry's would be the first white dot or 3 green candles in a row. Backtest to see.
Thanks for checking it out. Let me know if it can be better.
The original script is from Xxattaxx and Christ Moody I believe, thank you for sharing all your hard work.
Range Filter Strategy with ATR TP/SLHow This Strategy Works:
Range Filter:
Calculates a smoothed average (SMA) of price
Creates upper and lower bands based on standard deviation
When price crosses above upper band, it signals a potential uptrend
When price crosses below lower band, it signals a potential downtrend
ATR-Based Risk Management:
Uses Average True Range (ATR) to set dynamic take profit and stop loss levels
Take profit is set at entry price + (ATR × multiplier) for long positions
Stop loss is set at entry price - (ATR × multiplier) for long positions
The opposite applies for short positions
Input Parameters:
Adjustable range filter length and multiplier
Customizable ATR length and TP/SL multipliers
All parameters can be optimized in TradingView's strategy tester
You can adjust the input parameters to fit your trading style and the specific market you're trading. The ATR-based exits help adapt to current market volatility.
Range Filter + ATR Strategy (Low Drawdown)Key Features for Low Drawdown:
Range Filter: Identifies trends while filtering out market noise
ATR-based Position Sizing: Adjusts position size based on volatility to risk a fixed percentage of capital
Trailing Stops: Uses ATR-based trailing stops to lock in profits and limit losses
Conservative Risk Parameters: Defaults to 1% risk per trade (adjustable)
Trend Confirmation: Requires two consecutive closes above/below the range filter
How to Use:
The strategy enters long when price is above the upper range filter for two consecutive bars
Enters short when price is below the lower range filter for two consecutive bars
Uses ATR to size positions appropriately for current volatility
Implements trailing stops based on ATR to protect profits
Optimization Tips:
Adjust the Range Filter period based on your timeframe
Modify the risk percentage (1% is conservative)
Tweak the ATR multiple for trailing stops (1.5 is moderate)
Consider adding a time-based exit if drawdown is still too high
Median True Range {Darkoexe}Simple and sweet, this is the median true range. It reviews the size of the previous period amount of candles, and displays the candle size value that is the median of those previous values.
//Darkoexe
Chess Game🧠 Concept
This script is an experimental chess game simulation built entirely in Pine Script, rendered as an overlay on a trading chart. It does not support interactivity like mouse clicks or real-time move detection, but instead relies on manual inputs to simulate moves and visualize board state.
This was created purely for educational purposes—to test the creative boundaries of Pine Script and explore how far visual scripting can be pushed within the limits of a financial charting tool.
🎯 Goals
Render a full 8×8 chessboard with labeled rows (1–8) and columns (a–h)
Display all pieces using Unicode chess symbols
Allow users to simulate moves using manual input
Validate basic move legality
Display turn status, current move, and instructions
🔧 How It Works
Chessboard Rendering
Uses tabel.new() to display 64 tiles and corresponding pieces.
Light and dark squares alternate based on standard chessboard layout logic ((row + column) % 2).
Pieces
All pieces (white and black) are placed at their initial positions using Unicode characters:
♙ ♖ ♘ ♗ ♕ ♔ for White
♟︎ ♜ ♞ ♝ ♛ ♚ for Black
⚠️ Limitations
Pine Script is not a general-purpose programming language. This game is non-interactive and must be controlled using input.int() and input.bool() for every move.
No click or drag-and-drop functionality.No timers, clocks, or multiplayer.No automated check/checkmate detection (yet!).No visual indication of selected squares (though that could be added with color-coded highlights)
📌 Why I Built This
TradingView is made for charting markets, but I wanted to see how far I could stretch it. Chess is grid-based like many financial charts, so I challenged myself to bring chess logic into Pine Script just for fun and learning.
Williams Alligator with Step Digits and DotsIndicator Description: Angle and Divergence Bars Indicator
Overview:
The Angle and Divergence Bars Indicator is a powerful analytical tool designed for traders and investors using TradingView. This indicator focuses on identifying angular momentum shifts in price action and spotting potential divergences between price and volume or momentum indicators. By providing visual cues, it helps traders make informed decisions based on market trends and reversals.
Key Features:
1. Angle Measurement:
• The indicator calculates the angle of price movement over a specified period, allowing traders to assess the strength and direction of the trend. A steeper angle indicates a stronger momentum, while a flatter angle suggests weakening momentum.
• The angle is visually represented on the chart, enabling quick recognition of trend shifts.
2. Divergence Detection:
• The indicator identifies divergences between the price action and a selected momentum indicator (such as RSI, MACD, or Stochastic). Divergences occur when the price makes a new high or low, but the momentum indicator fails to confirm this movement.
• Bullish divergences signal potential reversal points where the price may bounce upward, while bearish divergences indicate potential downward reversals.
3. Visual Representation:
• The indicator uses color-coded bars to represent different conditions:
• Green Bars: Indicate strong bullish momentum with a steep upward angle.
• Red Bars: Indicate strong bearish momentum with a steep downward angle.
• Yellow Bars: Suggest neutral momentum or indecision in the market.
• Divergence signals are highlighted with markers or arrows on the chart, making them easily identifiable.
4. Customizable Settings:
• Traders can customize the period for angle calculation and the type of momentum indicator used for divergence detection. This flexibility allows users to tailor the indicator to their trading style and preferences.
• Additional settings include adjusting the sensitivity of divergence detection, which can help filter out false signals.
5. Alerts and Notifications:
• The indicator can be configured to send alerts when specific conditions are met, such as a new divergence signal or when the angle reaches a certain threshold. This feature ensures that traders do not miss critical market movements.
How to Use the Indicator:
1. Identifying Trends:
• Use the angle measurement to determine the current trend's strength. A consistent angle in one direction may suggest a strong trend, while fluctuating angles indicate potential reversals or consolidations.
2. Spotting Divergences:
• Look for instances where price action diverges from your chosen momentum indicator. Confirm these signals with additional analysis or other indicators to increase reliability.
3. Making Trading Decisions:
• Combine insights from the angle measurement with divergence signals to formulate entry and exit strategies. For example, entering a long position when a bullish divergence appears alongside a strong upward angle can enhance trade success probabilities.
4. Risk Management:
• Always incorporate risk management techniques, such as setting stop-loss orders based on recent price action or using trailing stops to lock in profits as trends develop.
Conclusion:
The Angle and Divergence Bars Indicator is an essential tool for traders looking to enhance their technical analysis capabilities. By focusing on angular momentum and divergence detection, it provides valuable insights into market dynamics, helping traders make more informed decisions in their trading strategies. Whether you are a novice or an experienced trader, integrating this indicator into your trading arsenal can significantly improve your ability to identify potential market reversals and capitalize on emerging trends.
RESHAIndicator Name: RESHA – Static Price Levels
Description:
The RESHA indicator is a simple tool that allows traders to manually define multiple horizontal price levels on the chart. These levels are displayed as horizontal lines, each extending a customizable number of candles forward. Traders can input a comma-separated list of prices, which are then plotted automatically on the chart.
Features:
📍 Custom input box for price levels (comma-separated).
📏 Adjustable line length in bars.
Visual price labels at the end of each level.
Clean and minimalistic design, perfect for support/resistance zones or static analysis.
This tool is ideal for traders who want to keep key price zones visible at all times without relying on dynamic calculations or automated indicators.
BW MFI fixed v6Bill Williams MFI
Sure! Here’s an English description of the indicator you have:
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### Bill Williams Market Facilitation Index (MFI) — Indicator Description
This indicator implements the **Market Facilitation Index (MFI)** as introduced by Bill Williams. The MFI measures the market's willingness to move the price by comparing the price range to the volume.
---
### How it works:
* **MFI Calculation:**
The MFI is calculated as the difference between the current bar’s high and low prices divided by the volume of that bar:
$$
\text{MFI} = \frac{\text{High} - \text{Low}}{\text{Volume}}
$$
* **Color Coding Logic:**
The indicator compares the current MFI and volume values to their previous values and assigns colors to visualize market conditions according to Bill Williams’ methodology:
| Color | Condition | Market Interpretation |
| ----------- | ------------------ | --------------------------------------------------------------------------------------------- |
| **Green** | MFI ↑ and Volume ↑ | Strong trend continuation or acceleration (increased price movement supported by volume) |
| **Brown** | MFI ↓ and Volume ↓ | Trend weakening or possible pause (both price movement and volume are decreasing) |
| **Blue** | MFI ↑ and Volume ↓ | Possible false breakout or lack of conviction (price moves but volume decreases) |
| **Fuchsia** | MFI ↓ and Volume ↑ | Market indecision or battle between bulls and bears (volume rises but price movement shrinks) |
| **Gray** | None of the above | Neutral or unchanged market condition |
* **Display:**
The indicator plots the MFI values as colored columns on a separate pane below the price chart, providing a visual cue of the market’s behavior.
---
### Purpose:
This tool helps traders identify changes in market momentum and the strength behind price moves, providing insight into when trends might accelerate, weaken, or potentially reverse.
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If you want, I can help you write a more detailed user guide or trading strategy based on this indicator!
High/Low Digit SumNAMAN SHAH
Its about the high low total of a candle only for gold where if highs total is 9 then its a chance that it will not break the high for a long time and it will be a good opportunity for short
And vise versa
Gold Breakout Strategy - RR 4Strategy Name: Gold Breakout Strategy - RR 4
🧠 Main Objective
This strategy aims to capitalize on breakouts from the Donchian Channel on Gold (XAU/USD) by filtering trades with:
Volume confirmation,
A custom momentum indicator (LWTI - Linear Weighted Trend Index),
And a specific trading session (8 PM to 8 AM Quebec time — GMT-5).
It takes only one trade per day, either a buy or a sell, using a fixed stop-loss at the wick of the breakout candle and a 4:1 reward-to-risk (RR) ratio.
📊 Indicators Used
Donchian Channel
Length: 96
Detects breakouts of recent highs or lows.
Volume
Simple Moving Average (SMA) over 30 bars.
A breakout is only valid if the current volume is above the SMA.
LWTI (Linear Weighted Trend Index)
Measures momentum using price differences over 25 bars, smoothed over 5.
Used to confirm trend direction:
Buy when LWTI > its smoothed version (uptrend).
Sell when LWTI < its smoothed version (downtrend).
⏰ Time Filter
The strategy only allows entries between 8 PM and 8 AM (GMT-5 / Quebec time).
A timestamp-based filter ensures the system recognizes the correct trading session even across midnight.
📌 Entry Conditions
🟢 Buy (Long)
Price breaks above the previous Donchian Channel high.
The current channel high is higher than the previous one.
Volume is above its moving average.
LWTI confirms an uptrend.
The time is within the trading session (20:00 to 08:00).
No trade has been taken yet today.
🔴 Sell (Short)
Price breaks below the previous Donchian Channel low.
The current channel low is lower than the previous one.
Volume is above its moving average.
LWTI confirms a downtrend.
The time is within the trading session.
No trade has been taken yet today.
💸 Trade Management
Stop-Loss (SL):
For long entries: placed below the wick low of the breakout candle.
For short entries: placed above the wick high of the breakout candle.
Take-Profit (TP):
Set at a fixed 4:1 reward-to-risk ratio.
Calculated as 4x the distance between the entry price and stop-loss.
No trailing stop, no break-even, no scaling in/out.
🎨 Visuals
Green triangle appears below the candle on a buy signal.
Red triangle appears above the candle on a sell signal.
Donchian Channel lines are plotted on the chart.
The strategy is designed for the 5-minute timeframe.
🔄 One Trade Per Day Rule
Once a trade is taken (buy or sell), no more trades will be executed for the rest of the day. This prevents overtrading and limits exposure.
Metrics TJ
📘 Metrics TJ
Author: Trade Journey
Type: Market Metrics / Intraday
Timeframes:
Context: 1H
Entry Points: 15m
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🎯 Core Idea
Metrics TJ is a powerful market metrics tool designed for intraday traders. It provides essential market data — including volume, ATR (Average True Range), and correlation with other assets — to help you make informed decisions. By combining multiple indicators into a unified view, this tool allows you to spot key trends, volatility, and relative strength within a single chart.
---
🔍 Strategy Logic
1. Context (1H)
Before making intraday decisions on smaller timeframes (such as the 15m chart), use the 1H timeframe to understand the broader market context:
Look at candle structure, levels, volume, and other signals to identify if the market is trending or consolidating.
Example: If the 1H chart shows rising volume and a series of higher highs and lows, it indicates an uptrend.
2. Core Metrics
Day Volume (DV): Total volume traded over the past 24 hours. A sharp increase may indicate increased market interest and potential for higher volatility.
Average Volume (AV): A smoothed average volume over a set period. Spikes in average volume can highlight unusual activity, signaling potential moves.
ATR (NATR): Measures the market's volatility. A high ATR means the market is moving more dynamically, often correlating with larger price moves.
Correlation (CR): Measures how strongly the asset is correlated with a reference pair, such as BTC. A strong positive or negative correlation could indicate an impending move or reversal.
3. Trade Filter
To improve the accuracy of the strategy:
Use Volume and ATR thresholds to filter out low-volatility or range-bound conditions.
Correlation with a reference asset helps identify when the market's behavior diverges from its usual pattern.
---
📈 Example of Entry Logic
1. On 1H: The market is in a confirmed uptrend, with rising volume and a series of higher highs.
2. On 15m: You observe an increase in Day Volume and Average Volume signaling potential for a breakout.
3. ATR is high, showing the market is volatile — indicating a good environment for intraday trading.
4. Correlation with BTC shows strong positive correlation, suggesting a price move in sync with the larger crypto market.
5. Trade Decision:
Enter long if the conditions are met: Volume spikes, ATR confirms volatility, and correlation supports the price direction.
Exit if volume decreases, ATR drops, or if the correlation weakens.
---
⚙️ Settings
(tradingview\.com/x/Y6PjccKy/)
---
📊 Why It Works
Day Volume and Average Volume help identify unusual activity, potentially signaling a price move.
ATR highlights periods of high volatility, which are crucial for intraday trading.
Correlation with major assets (like BTC) gives additional context on the market's broader movement, improving the probability of profitable trades.
Using a combination of volume and ATR reduces the likelihood of false signals, especially in choppy or low-volume environments.
---
🔔 Recommendations
Best used in strong trending markets where volume and volatility are in sync.
Avoid trading in range-bound conditions where price action lacks momentum.
Use this strategy as a supplement to other technical indicators or as part of a larger trading system.
---
✅ Conclusion
Metrics TJ provides a holistic view of the market, combining key metrics to help traders make smarter intraday decisions. By focusing on volume, volatility, and correlation, it can help you spot high-probability trades and avoid noise.
Try it on demo, adjust the settings to fit your trading style, and start identifying profitable opportunities!
---
📌 Important Note:
This indicator is best used in combination with higher timeframe analysis. Always consider the broader market context before making any trades.
Enhanced Volume w/ Pocket Pivots, Milestones & LiquiditySure! Here’s a professional and clear **description** you can use when saving or publishing the script on TradingView:
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## 📄 Script Description: *Enhanced Volume w/ Pocket Pivots, Milestones & Liquidity*
This custom volume indicator enhances the default volume view by combining key institutional-level insights into a single tool. It highlights meaningful volume activity, liquidity conditions, and milestone events to help traders better understand accumulation/distribution and smart money participation.
### 🔍 Features:
* **Color-coded volume bars**:
* 🔵 **Pocket Pivot Volume (PPV)**: Up-day with volume > highest down-day volume of last 10 bars.
* 🟢 **Up Volume**: Up-day with volume > 50-day average.
* 🔴 **Down Volume**: Down-day with volume > 50-day average.
* 🟠 **Dry Volume**: Low-volume bars < 20% of 50-day average.
* ⚫ **Neutral/Other bars**: No significant signal.
* **Volume Milestones**:
* **HVE**: Highest volume ever (20 years lookback).
* **HVY**: Highest volume in the past 1 year (252 bars).
* **HVQ**: Highest volume in the past quarter (63 bars).
* **Projected Volume**:
* Real-time estimate of end-of-day volume based on elapsed session time.
* **Liquidity Metrics**:
* Displays current and 50-day average dollar volume.
* Estimates 1-minute liquidity for large-position feasibility.
* **Relative Volume Label**:
* Displays how today’s volume compares to the 50-day average.
* **Alerts Included**:
* Set alerts for HVE, HVY, and HVQ to catch key breakout or climactic volume events.
---
### 🧠 Ideal For:
* Growth stock traders
* Volume/price analysts
* Intraday & swing traders
* Institutions or prop traders needing liquidity benchmarks
---
Let me know if you'd like a short or promotional version (for sharing with others).
Wick SweepThe Wick Sweep indicator identifies potential trend reversal zones based on price action patterns and swing points. Specifically, it looks for "Wick Sweeps," a concept where the market temporarily breaks a swing low or high (creating a "wick"), only to reverse in the opposite direction. This pattern is often indicative of a market attempting to trap traders before making a larger move. The indicator marks these zones using dashed lines, helping traders spot key areas of potential price action.
Key Features:
* Swing Low and High Detection: The indicator identifies significant swing lows and highs within a user-defined period by employing Williams fractals.
* Wick Sweep Detection: Once a swing low or high is identified, the indicator looks for price movements that break through the low or high (creating a wick) and then reverses direction.
* Fractal Plotting: Optionally, the indicator plots fractal points (triangle shapes) on the chart when a swing low or high is detected. This can assist in visually identifying the potential wick sweep areas.
* Line Plotting: When a wick sweep is detected, a dashed line is drawn at the price level of the failed low or high, visually marking the potential reversal zone.
Inputs:
* Periods: The number of bars used to identify swing highs and lows. A higher value results in fewer, more significant swing points.
* Line Color: The color of the dashed lines drawn when a wick sweep is detected. Customize this to match your chart's theme or preferences.
* Show Fractals: A toggle that, when enabled, plots triangle shapes above and below bars indicating swing highs (up triangles) and swing lows (down triangles).
Functionality:
* Swing High and Low Calculation:
- The indicator calculates the swing low and swing high based on the periods input. A swing low is identified when the current low is the lowest within a range of (2 * periods + 1), with the lowest point being at the center of the period.
- Similarly, a swing high is identified when the current high is the highest within the same range.
* Wick Sweep Detection:
- Once a swing low or high is detected, the script looks for a potential wick. This happens when the price breaks the swing low or high and then reverses in the opposite direction.
- For a valid wick sweep, the price should briefly move beyond the identified swing point but then close in the opposite direction (i.e., a bullish reversal for a swing low and a bearish reversal for a swing high).
- A line is drawn at the price level of the failed low or high when a wick sweep is confirmed.
Confirmations for Reversal:
* The confirmation for a wick sweep requires that the price not only break the swing low/high but also close in the opposite direction (i.e., close above the low for a bullish reversal or close below the high for a bearish reversal).
* The confirmation is further refined by checking that the price movement is within a reasonable distance from the original swing point, which prevents the indicator from marking distant, unimportant price levels.
Additional Notes:
* The Wick Sweep indicator does not provide standalone trading signals; it is best used in conjunction with other technical analysis tools, such as trend analysis, oscillators, or volume indicators.
* The periods input can be adjusted based on the trader’s preferred level of sensitivity. A lower period value will result in more frequent swing points and potentially more signals, while a higher value will focus on more significant market swings.
* The indicator may work well in ranging markets where price tends to oscillate between key support and resistance levels.
RSI Phan Ky FullThe RSI divergence indicator is like a magnifying glass that spots gaps between price swings and momentum. When price keeps climbing but RSI quietly sags, it’s a flashing U‑turn sign: the bulls are winded, and the bears are lacing up their boots. Flip it around—price is sliding yet RSI edges higher—and you’ve got bulls secretly stockpiling. Hidden divergences shore up the trend; regular divergences hint at a pivot. Blend those signals with overbought/oversold zones, support‑resistance, and volume, and RSI divergence turns into a radar that helps traders jump in with swagger and bail out just in time.
Delta AO + Regular AO (Normalized)🔀 Delta AO + Regular AO (Normalized) – Visualizing Market moods becomes simpler 🔀
🧠 Introduction
The Delta AO + Regular AO (Normalized) is a custom oscillator that fuses the power of classic momentum analysis with volume-derived delta flow to give traders a dual-perspective edge.
This tool was born from a need to better visualize internal market thrust (via delta) while still respecting the time-tested signal power of the traditional Awesome Oscillator (AO).
🔍 What makes it unique?
✅ Volume-based Delta Calculation – Models upward/downward delta using a custom volatility-weighted volume allocation method, not simple tick-delta or raw buys/sells.
✅ Cumulative Delta Candles – Instead of just plotting bars, the indicator rebuilds the market structure using cumulative delta logic.
✅ Dual AO Display – Shows both custom delta AO and traditional price AO simultaneously.
✅ Normalized Scaling – Each AO is independently normalized by its standard deviation (volatility-adjusted), making both indicators visually comparable without distortion.
🧮 Under the Hood
Let’s break down the components:
1. Delta Logic 📊
Rather than using raw delta or tick-level data, this script simulates net effort:
Delta Up = Volume × a smart weighting when the candle is bullish
Delta Down = Volume × weighting when the candle is bearish
The weighting dynamically adjusts based on candle body-to-wick ratio. This provides a more refined delta estimate based on candle structure.
This delta is accumulated (cumulative delta) and used to form a synthetic OHLC candle structure.
2. AO Calculations ⚖️
Custom AO: Calculated from the median of synthetic delta candles
Regular AO: Classic (median price 5-period SMA - 34-period SMA)
Both are normalized using their own 34-bar standard deviation, improving comparability and visualization in one pane.
3. Color Coding 🎨
For the delta AO histogram:
Lime: Bullish + Increasing Momentum
Green: Bullish + Weakening Momentum
Red: Bearish + Increasing Momentum (to the downside)
Maroon: Bearish + Weakening Momentum
This lets you immediately spot momentum shifts and strength behind volume-based moves.
📈 How to Use – Trading Guide
🔧 Recommended Setup:
Timeframe: Works well on all intraday and higher timeframes (5m–1D)
Symbol: Especially effective on liquid instruments (futures, indices, large caps)
✅ Entry Signals
🔹 Buy Setup
Delta AO turns green or lime above zero, and Regular AO is also rising
Ideal confirmation: Lime bar (strong bullish delta momentum) and a crossover above zero
🔹 Sell Setup
Delta AO turns maroon or red below zero, and Regular AO is also falling
Ideal confirmation: Red bar (strong bearish delta momentum) and AO falling further below zero
🔄 Momentum Confirmation
Look for divergence between the Delta AO and Regular AO.
🔼 If Delta AO is rising but Regular AO is flat or falling → Volume is leading price (possible breakout ahead)
🔽 If Regular AO is strong but Delta AO fades → Price may be unsustainable (fakeout risk)
🛑 Exit / Reversal Clues
Sudden color shifts (e.g., Lime → Green → Maroon) can signal momentum exhaustion
Both AOs converging to zero suggests consolidation phase ahead
📌 Pro Tips
Use this with volume profile, support/resistance, or market structure zones for maximum confluence
Works great as a secondary confirmation tool for your existing strategy
💬 Final Thoughts
This oscillator is not just a pretty double AO — it's a strategic fusion of price and volume time-series designed to help you anticipate shifts before they’re obvious in price alone.
If you're looking for:
A modernized AO
Volume-integrated signal clarity
Normalized, noise-filtered momentum visual
Then this tool belongs in your chart arsenal.
📈 Try it. Test it. Pair it. If you find value, consider sharing or following for more next-gen indicators.
Please note this is an educational idea and past performance is not assurance of future performance.
Happy trading!
— @Pratik_4Clover
Current Fractal High/Low (Dynamic)
This indicator dynamically tracks the most recent confirmed Fractal High and Fractal Low across any timeframe using custom left/right bar configurations.
🔍 Key Features:
Detects Fractal Highs and Lows based on user-defined pivot settings.
Draws a green line and label ("FH") at the most recent Fractal High.
Draws a red line and label ("FL") at the most recent Fractal Low.
All lines extend from the confirmation bar to the current candle.
Automatically removes old lines and labels for a clean, uncluttered chart.
🛠️ Customizable Inputs:
Left & Right bars for pivot sensitivity
Line width for visibility
📌 Use Cases:
Identifying structure shifts
Recognizing key swing points
Supporting liquidity and breakout strategies
💡 Fractals are confirmed only after the full formation of the pattern (left and right bars). This ensures reliability over reactivity.
This script is designed for intraday to swing traders who want a reliable way to visualize market turning points with minimal noise.
RSI Run‑Length by ATTARSI Run‑Length by ATTA – The Next Generation of RSI
The RSI Run‑Length by ATTA indicator was developed to quantify not only the magnitude of price movements but also the continuity with which they occur. Instead of relying on point‑by‑point averages of gains and losses, it counts each sequence of consecutive gains (up‑run) and each sequence of consecutive losses (down‑run), applies Wilder’s RMA smoothing to these counts, and then computes the classic RSI formula on their ratio.
This approach significantly reduces market noise by giving greater weight to sustained trends, while simultaneously reducing the lag inherent in traditional methods. Rather than waiting for signals triggered by isolated fluctuations, RSI Run‑Length by ATTA detects turning points at the earliest stages of movement streaks and maintains precise, timely responsiveness.
Core Principles:
Run‑Length Counting: Measures trend depth without distortion from isolated spikes.
Wilder’s RMA on Counts: Provides statistical smoothing to suppress excessive volatility.
Classic RSI Formula: Applies the familiar RSI calculation to the smoothed run‑length ratio.
This mechanism enables early identification of momentum shifts and the construction of strategies based on stable sequences rather than sporadic gains. The simplicity of a single parameter (run‑length period – default 14) and the logical sequence of counting, smoothing, and ratio calculation make the tool both transparent and intuitive for technical traders and quantitative analysts alike.
Usage Instructions:
Select the run‑length period (commonly 14 bars).
Set overbought/oversold thresholds (recommended 70/30).
Overlay with complementary indicators (classic RSI, MACD, etc.) for confirmation.
I invite traders and analysts to incorporate RSI Run‑Length by ATTA into their indicator libraries to gain deeper, more actionable insights into price momentum.
