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Candlestick analysis

FlowScope [Hapharmonic]FlowScope: Uncover the Market's True Intent 🔬 Ever wished you could look inside the candles and see where the real action is happening? FlowScope is your microscope for the market's flow, designed to give you a powerful edge by revealing the volume distribution that price action alone can't show you. Instead of just looking at the open, high, low, and close, FlowScope lets you dive deeper into the market's auction process. It groups candles together and builds a detailed Volume Profile for that period, showing you exactly where the trading happened and revealing the story behind the price action. Let's explore how you can use it to gain a powerful new edge. 🧐 Core Concept: How It Works At its heart, FlowScope does three key things: It Groups Candles: You decide how many candles to group together. For example, setting " Group Candles " to 4 on a 5-minute chart effectively gives you a detailed 20-minute candle and profile. This helps you see the bigger picture and filter out market noise. It Builds a Volume Profile: For each group, FlowScope analyzes the volume at every single price level. It then displays this as a horizontal histogram (we call this a "footprint" or profile). Longer bars mean more volume was traded at that price, indicating a "fair" price or an area of acceptance. Shorter bars mean price moved through quickly, indicating rejection. It Creates a Custom "Grouped Candle": To summarize the group's overall price action, FlowScope draws a single, custom candle representing the entire group's: Open: The open of the first candle in the group. High: The absolute highest price reached within the group. Low: The absolute lowest price reached within the group. Close: The close of the last candle in the group. This gives you a crystal-clear view of the group's net result, free from the back-and-forth noise of the individual candles inside it. Below are some of the stunning preset color palettes you can choose from to customize your view: 🚀 How to Use: Practical Applications FlowScope isn't just for looking pretty; it's a powerful analysis tool. Here are a few ways to integrate it into your trading: Identify High-Volume Nodes (HVNs): Look for the longest bars in the profile. These are price levels where the market spent the most time and traded the most volume. HVNs often act as powerful "magnets" for price, becoming key areas of support and resistance. Spot Low-Volume Nodes (LVNs): These are areas with very short bars or gaps in the profile. They represent price levels that the market moved through quickly and inefficiently. If price returns to an LVN, it's likely to move through it quickly again. Analyze the Summary Box: This is where the real magic happens! ✨ Total Volume (Σ): The total volume for the entire group. Buy (B) vs. Sell (S) Volume: FlowScope analyzes the lower timeframe action to estimate the buying and selling pressure that made up the total volume. Is a big red candle mostly aggressive selling, or was it just a lack of buyers? The B/S data gives you clues. A high-volume candle with nearly 50/50 buy/sell pressure might indicate absorption or a potential reversal. Use the Grouped Candle for Clarity: Is the market in a clear uptrend, or is it just choppy? The grouped candle can give you a much clearer signal. A series of strong, green grouped candles shows much more conviction than a mix of small green and red candles. ⚙️ Settings & Customization This is where you can truly make FlowScope your own. Let's walk through each setting. Profile Settings Group Candles: The number of standard chart candles you want to combine into a single FlowScope profile. A setting of 1 will analyze every single bar. A higher number gives you a broader market view. When Group Candles is set to 5, the data from the 5 individual candles are combined, and the volume is calculated accordingly. Max Profile Boxes: This setting is more than just a number; it's a smart limit that ensures your profiles are always readable and relevant to the current market conditions. Adaptive Sizing (The Ideal Goal): FlowScope first tries to create the perfect profile by making each volume box's height proportional to the current market volatility. It calculates an "ideal" box height based on the Average True Range ( ATR / 10 ). This is powerful because it automatically adapts: you get smaller, more detailed boxes in quiet, low-volatility markets, and larger, clearer boxes in volatile, fast-moving markets. The Safety Cap (Your Setting): However, what if you group several candles during a massive price move? The price range could be huge! If we only used the small, ATR-based box height, you might end up with hundreds of tiny, unreadable boxes. This is where your Max Profile Boxes setting (defaulting to 50) comes in. It acts as a maximum detail cap . If the adaptive, volatility-based calculation determines that it would need more boxes than your setting (e.g., more than 50), the indicator will override it. It will then simply divide the entire price range of the group into exactly the number of boxes you specified (e.g., 50). In short: You are setting the maximum allowable detail. FlowScope intelligently adapts the profile's granularity below that limit based on market volatility, ensuring you always get a clear and meaningful picture. Style Show Profile BG: A simple toggle to show or hide the faint background color behind the volume bars. Turning it off can create a cleaner look. Color Mode: This dropdown controls how the volume profile text is colored. Custom Gradient: This mode uses the three custom colors you select in the "Profile Colors" section to create a beautiful gradient across the profile. Candle Color: This mode colors the profile based on whether the grouped candle was bullish (green) or bearish (red). The color will be a gradient, with the most intense color applied to the box with the highest volume; the colors of the other boxes will fade out from that point. It's a great way to see the profile's "mood" at a glance. Profile Colors 🎨 Use Preset Palette: This is the master switch! If checked: You can choose from 10 stunning, pre-designed color palettes from the Palette dropdown. The custom color pickers below will be disabled. If unchecked (Default): The Palette dropdown will be disabled, and you can now choose your own three colors for the gradient. Palette: (Only active when "Use Preset Palette" is checked) . Choose from 10 luxurious, eye-catching color schemes like "Solar Flare" or "Deep Space" to instantly change the look and feel of your chart. Low Price / Mid Price / High Price: (Only active when "Use Preset Palette" is unchecked) . These three color pickers allow you to design your own unique gradient for the Custom Gradient color mode. Candle Display These settings control the custom "Grouped Candle" that summarizes the profile. When using the "Show Custom Candle" feature, you should change the chart's candlestick display to Bars for a cleaner view. Show Custom Candle: This is the main toggle. When you check this box, the original chart candles will be hidden, and your custom FlowScope candle will be displayed instead. This custom candle is intentionally small to ensure it does not visually overlap with the volume profile boxes. Show Body: (Only active when "Show Custom Candle" is checked) . Toggles the visibility of the candle's body. Wick Width & Body Width: (Only active when "Show Custom Candle" is checked) . These sliders let you control the thickness of the wick and body lines to match your personal style. Up Color / Down Color: (Only active when "Show Custom Candle" is checked) . Choose the colors for your bullish and bearish custom candles. Experiment with the settings, find a style that works for you, and start seeing the market in a whole new light. Happy trading! 📈😊
Pine Script® göstergesi
hapharmonic tarafından
6
Ultra Degen Indicator🚨 Ultra Degen Indicator 🚨 Ready to YOLO your way to the moon or get rekt trying? The Ultra Degen Indicator is your ultimate co-pilot for navigating the wild world of crypto. This isn't your grandpa's boring, slow-moving indicator. This is pure, unadulterated degen energy, designed to help you catch pumps and dump your bags before it's too late. We've turbocharged the classic Supertrend by adding a high-octane RSI filter. This means no more waiting for slow signals. We're getting in early and getting out fast. What's under the hood? Supercharged Supertrend: A lean, mean, trend-following machine that cuts through the noise to tell you whether to long or short. RSI Momentum Filter: The secret sauce! We use RSI to confirm that the momentum is in your favor. No more buying on weak bounces or selling into strong pumps. If the Supertrend flashes a buy signal, the RSI checks for bullish momentum. If the RSI isn't feeling it, we sit on our hands and wait for a better entry. Multi-Timeframe (MTF) Support: Want to catch a quick scalp but trade with the big boys' trend? No problem. The Ultra Degen Indicator lets you set a higher timeframe to filter your trades, so you can snipe entries on the 5-minute chart while staying aligned with the daily trend. This is how you avoid getting rekt by a whale. This indicator is for the true degen who understands that sometimes, you just gotta ape in. Use it wisely, have fun, and may your portfolio never see a red candle again. DYOR. NFA. LFG. 🚀
Pine Script® göstergesi
Kachingz tarafından
2
RB — Rejection Blocks (Price Structure)This indicator detects and visualizes Rejection Blocks (RBs) using pure price action logic. A bullish RB occurs when a down candle forms a lower low than both its neighbors. A bearish RB occurs when an up candle forms a higher high than both its neighbors. Validated RBs are displayed as boxes, optional lines, or labels. Blocks are automatically removed when invalidated (price closes through them), keeping the chart uncluttered and focused. How to use • Apply on any timeframe, from intraday to higher timeframes. • Watch how price reacts when revisiting RB zones. • Treat these zones as contextual areas, not entry signals. • Combine with your own trading methods for confirmation. Originality Unlike generic support/resistance tools, this indicator isolates a specific structural pattern (rejection blocks) and renders it visually on the chart. This selective focus allows traders to study structural reactions with more clarity and precision. ⚠️ Disclaimer: This is not a trading system or a signal provider. It is a visual analysis tool designed for structural and educational purposes.
Pine Script® göstergesi
theunlockedtrading tarafından
1
Trend Score with Dynamic Stop Loss RTH 📘 Trend Score with Dynamic Stop Loss (RTH) — Guide 🔎 Overview This indicator tracks intraday momentum during Regular Trading Hours and flags trend flips using a cumulative TrendScore. It also draws dynamic stop-loss levels and shows a live stats table for quick decision-making and journaling. ⸻ ⚙️ Core Concepts 1) TrendScore (per bar) • +1 if the current bar makes a higher high than the previous bar (counted once per bar). • –1 if the current bar makes a lower low than the previous bar (counted once per bar). • If a bar takes both the prior high and low, the net contribution can cancel out within that bar. 2) Cumulative TrendScore (running total) • The per-bar TrendScore accumulates across the session to form the cumulative TrendScore (TS). • TS resets to 0 at session open and is cleared at session close. • Rising TS = persistent upside pressure; falling TS = persistent downside pressure. ⸻ 🔄 Flip Rules (3-point reversal of the cumulative TrendScore) A flip occurs when the cumulative TrendScore reverses by 3 points in the opposite direction of the current trend. • Bullish Flip • Trigger: After a decline, the cumulative TrendScore rises by +3 from its down-leg. • Interpretation: Bulls have taken control. • Stop-loss: the lowest price of the prior (down) leg. • Bearish Flip • Trigger: After a rise, the cumulative TrendScore falls by –3 from its up-leg. • Interpretation: Bears have taken control. • Stop-loss: the highest price of the prior (up) leg. Flip bars are marked with ▲ (lime) for bullish and ▼ (red) for bearish. Note: If you prefer a different reversal distance, adjust the flip distance setting in the script’s inputs (default is 3). ⸻ 📏 Stop-Loss Lines • A dotted line is drawn at the prior leg’s extreme: Green (below price) after a bullish flip. Red (above price) after a bearish flip. • Options: Remove on touch for a clean chart. Freeze on touch to keep a visual record for journaling. • All stop lines are cleared at session end. ⸻ 🧮 Stats Table (what you see) • Trend: Bull / Bear / Neutral • Bars in Trend: Count since the flip bar • Since Flip: Current close minus flip bar close • Since SL: Current close minus active stop level • MFE-Maximum Favorable Excursion: Highest favorable move since flip • MAE-Maximum Adverse Excursion: Largest adverse move since flip Table colors reflect the current trend (green for bull, red for bear). ⸻ 📊 Trading Playbook Entries • Aggressive: Enter immediately on a flip marker. • Conservative: Wait for a small pullback that doesn’t violate the stop. Stops • Place the stop at the script’s flip stop-loss line (the prior leg extreme). Exits Choose one style and stick with it: • Stop-only: Exit when the stop is hit. • Time-based: Flatten at session close. • Targets: Scale/close at 1R, 2R. • Trailing: Trail behind minor swings once MFE > 1R. Ultimately Exit choice is your own edge, so you must decide for yourself. 💡 Best Practices • Skip the first few bars after the open (gap noise). • Use regular candles (Heikin-Ashi will distort highs/lows). • If you want fewer flips, increase the flip distance (e.g., 4 or 5). For more responsiveness, use 2. Otherwise, increase your time frame to 5m, 10m, 15m. • Keep SL lines frozen (not auto-removed) if you’re journaling.
Pine Script® göstergesi
DeLeBlanc tarafından
3
Trend Score with Dynamic Stop Loss HTF How the Trend Score System Works This indicator uses a Trend Score (TS) to measure price momentum over time. It tracks whether price is breaking higher or lower, then sums these moves into a cumulative score to define trend direction. ⸻ 1. Trend Score (+1 / -1 Mechanism) On each new bar: • +1 point: if the current bar breaks the previous bar’s high. • −1 point: if the current bar breaks the previous bar’s low. • If both happen in the same bar, they cancel each other out. • If neither happens, the score does not change. This creates a simple running measure of bullish vs bearish pressure. ⸻ 2. Cumulative Trend Score The Trend Score is cumulative, meaning each new +1 or -1 is added to the total score, building a continuous count. • Rising scores = buyers are consistently pushing price to higher highs. • Falling scores = sellers are consistently pushing price to lower lows. This smooths out noise and helps identify persistent momentum rather than single-bar spikes. ⸻ 3. Trend Flip Trigger (default = 3) A trend flip occurs when the cumulative Trend Score changes by 3 points (default setting) in the opposite direction of the current trend. • Bullish Flip: • Cumulative TS rises 3 points from its most recent low pivot. • Marks a potential start of a new uptrend. • A bullish stop-loss (SL) is set at the most recent swing low. • Bearish Flip: • Cumulative TS falls 3 points from its most recent high pivot. • Marks a potential start of a new downtrend. • A bearish SL is set at the most recent swing high. Example: • TS is at -2, then climbs to +1. • That’s a +3 change, triggering a bullish flip. ⸻ 4. Visual Summary • Green background: Active bullish trend. • Red background: Active bearish trend. • ▲ Triangle Up: A bullish flip occurred this bar. • Stop Loss Line: Shows the structural low used for risk management. ⸻ Why This Matters The Trend Score measures trend pressure simply and objectively: • +1 / -1 mechanics track real price behavior (breakouts of highs and lows). • Cumulative changes of 3 points act like a momentum filter, ignoring small reversals. • This helps you see true regime shifts on higher timeframes, which is especially useful for swing trades and investing decisions. ⸻ Key Takeaways • Only flips after meaningful swings: prevents overreacting to single-bar noise. • SL shows invalidation point: helps you know where a trend thesis fails. • Works best on Daily or Weekly charts: for smoother, more reliable signals. Using Trend Score for Long-Term Investing This indicator is designed to support decision-making for higher timeframe investing, such as swing trades, multi-month positions, or even multi-year holds. It helps you: • Identify major bullish regimes. • Decide when to add to winning positions (DCA up). • Know when to pause buying or consider trimming during weak periods. • Stay disciplined while holding long-term winners. Important Note: These are suggestions for context. Always combine them with your own analysis, portfolio allocation rules, and risk tolerance. ⸻ 1. Start With the Higher Timeframe • Use Weekly charts for a broad investing view. • Use Daily charts only for fine-tuning entry points or deciding when to add. • A Bullish Flip on Weekly suggests the market may be entering a major uptrend. • If Weekly is bullish and Daily also turns bullish, it’s extra confirmation of strength. ⸻ 2. Building a Position with DCA Goal: Grow your position gradually during strong bullish regimes while staying aware of risk. A. Initial Buy • Start with a small initial allocation when a Bullish Flip appears on Weekly or Daily. • This is just a starter position to get exposure while the new trend develops. B. Adding Through Strength (DCA Up) • Consider adding during pullbacks, as long as price stays above the active SL line. • Each add should be smaller or equal to your first buy. • Spread out adds over time or price levels, instead of going all-in at once. C. Pause Buying When: • Price approaches or touches the SL level (trend invalidation). • A Bearish Flip appears on Weekly or Daily — this signals potential weakness. • Your total position size reaches your maximum allocation limit for that asset. ⸻ 3. Holding Winners When a position grows in profit: • Stay in the trend as long as the Weekly regime remains bullish. • The indicator’s green background acts as a reminder to hold, not panic sell. • Use the SL bubble to monitor where the trend could potentially break. • Avoid selling just because of small pullbacks — focus on big-picture trend health. ⸻ 4. Taking Partial Profits While this tool is designed to help hold long-term winners, there may be times to lighten risk: • After large, rapid moves far above the SL, consider trimming a small portion of your position. • When MFE (Maximum Favorable Excursion) in the table reaches unusually high levels, it may signal overextension. • If the Weekly chart turns Neutral or Bearish, you can gradually reduce exposure while waiting for the next Bullish Flip. ⸻ 5. Using the Stop Loss Line for Awareness The Dynamic SL line represents a structural level that, if broken, may suggest the bullish trend is weakening. How to think about it: • Above SL: Market remains structurally healthy — continue holding or adding gradually. • Close to SL: Pause adds. Be cautious and consider tightening your risk. • Below SL: Treat this as a potential signal to reassess your position, especially if the break is confirmed on Weekly. The SL is not a hard stop — it’s a visual guide to help you manage expectations. ⸻ 6. Example Use Case Imagine you are investing in a growth stock: • Weekly Bullish Flip: You open a small starter position. • Price pulls back slightly but stays above SL: You add a second, smaller tranche. • Trend continues up for months: You hold and stop adding once your desired allocation is reached. • Price doubles: You trim 10–20% to lock some profits, but continue holding the majority. • Price later dips below SL: You slow down, reassess, and decide whether to reduce exposure. This keeps you: • Participating in major uptrends. • Avoiding overcommitment during weak phases. • Making adjustments gradually, not emotionally. ⸻ 7. Suggested Workflow 1. Check Weekly chart → is it Bullish? 2. If yes, review Daily chart to fine-tune entry or adds. 3. Build exposure gradually while Weekly remains bullish. 4. Watch SL bubbles as awareness points for risk management. 5. Use partial trims during big rallies, but avoid exiting entirely too soon. 6. Reassess if Weekly turns Neutral or Bearish. ⸻ Key Takeaways • Use this as a compass, not a command system. • Weekly flips = big picture direction. • Daily flips = timing and precision. • Add gradually (DCA) while above SL, pause near SL, reassess below SL. • Hold winners as long as Weekly remains bullish.
Pine Script® göstergesi
DeLeBlanc tarafından
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.
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chaitu50c tarafından
Signal Strength AnalysisTraining Guide — Signal Strength Analysis 1. What this tool is This is an all-in-one analysis dashboard that: • Tracks market structure (order blocks, trendlines, support/resistance). • Reads technical indicators (RSI, MACD, Bollinger Bands). • Measures volume, volatility, momentum, and price positioning. • Confirms buy/sell signals with multiple filters. • Keeps performance records (win rate, PnL, signal strength). • Presents everything in a visual table for quick decision support. 👉 It is a learning and training tool — not a broker strategy. It helps learners practice multi-factor analysis in a structured way. ________________________________________ 2. Step-by-step workflow for learners Step 1 – Market Overview The dashboard starts with: • Last Price → current market close. • Daily Change % → price vs. yesterday. • Volume Ratio → compares today’s volume to the average. 💡 Learners can check if the market is calm, trending, or under unusual activity. ________________________________________ Step 2 – Technical Indicators • RSI (Relative Strength Index) o 70 = Overbought, <30 = Oversold. o A progress bar shows strength visually. • MACD (Moving Average Convergence Divergence) o “Bull” if histogram > 0, “Bear” if < 0. o Helps track momentum shifts. • Bollinger Band Position o Where price sits between upper & lower bands. o 80% = Overbought zone, <20% = Oversold zone. 💡 Learners use this to spot overextended moves and potential reversals. ________________________________________ Step 3 – Order Block Analysis • Buy OB Level / Sell OB Level o Price zones where buyers or sellers concentrated. • OB Status o 🟢 Buy Active → bullish setup. o 🔴 Sell Active → bearish setup. o ⚪ Waiting → no clear signal. 💡 Helps students understand how institutions leave “footprints” in price zones. ________________________________________ Step 4 – Volume Analysis • Bull Volume vs. Bear Volume o Cumulative measurement of buy vs. sell pressure. o Progress bars show balance. • Volume Spike o “🔥 High” when today’s volume is unusually strong. 💡 Shows when participation supports a move (important for validation). ________________________________________ Step 5 – Signal Strength • A score out of 100% based on: 1. RSI extremes (overbought/oversold). 2. Volume spike confirmation. 3. MACD trend confirmation. 4. Overall EMA trend alignment. • Win Rate → % of successful signals tracked. • Total PnL → running performance. 💡 Learners can practice weighing multiple signals instead of relying on one indicator. ________________________________________ Step 6 – Market Conditions & Risk • Trend Check → bullish, bearish, or neutral from EMAs. • ATR Filter → rejects signals if volatility is too low. • Risk Management Alerts → marks TP/SL hits for both long and short trades. 💡 This trains learners to always tie signals to risk/reward management. ________________________________________ 3. How it helps learners • Structured Thinking: Instead of chasing random indicators, they get a full framework. • Practical Filters: Combines momentum, volume, and volatility so signals are stronger. • Visual Reinforcement: Table sections show conditions in color-coded, easy-to-read cells. • Performance Tracking: Builds discipline by recording wins/losses, not just entries. • Risk Awareness: Alerts teach that managing exits is as important as finding entries. ________________________________________ 4. Deep dive into dashboard sections Section What It Teaches How Learners Use It 🔍 Market Overview Price, change %, volume context Judge if market is trending or consolidating 📈 Technical Analysis RSI, MACD, BB position Identify overbought/oversold, momentum shifts 🎯 Order Block Analysis Institutional levels Practice spotting zones where smart money acts 📊 Volume Analysis Buyer vs seller activity Confirm if move is real or weak ⚡ Signal Strength Composite score + Win Rate Learn weighting multiple signals together 🎲 Market Conditions & Risk Trend + volatility + alerts Build habit of risk-managed decisions ________________________________________ 5. Suggested classroom exercises 1. Trend vs. Countertrend Study o When OB says “Buy” but RSI shows overbought, what happens? o Learners compare outcomes. 2. Volume Confirmation o Log trades with & without volume spikes. o Discuss why volume validation matters. 3. Signal Strength Calibration o Watch how strength % changes when multiple indicators align. o Practice “confidence ranking” before entries. 4. Risk Discipline Drill o Focus only on TP/SL hits. o Learners note whether following system exits improved results. ________________________________________ 6. Key takeaways for learners • No single indicator works alone — this tool forces multi-factor thinking. • Volume and volatility filters prevent false signals. • Performance tracking builds accountability. • Color-coded dashboards simplify complex information. • Alerts + risk management remind that exit discipline is vital. ________________________________________ ⚠️ Important disclaimer: This script is an educational tool only. It demonstrates how traders can combine multiple analyses into one framework. It should not be used as financial advice or a live trading strategy without testing, risk controls, and professional guidance. ________________________________________
Pine Script® göstergesi
aiTrendview-Charting-System tarafından
Stacey Burke Signal Day LTE“Previously published as ‘Day Zero Fakeout Detector MTF’” Stacey Burke Signal Day LTE Automatic detection of Day Zero, Inside Days, and Outside Days for Stacey Burke’s intraday playbook 🔎 Stacey Burke’s Signal Days This indicator highlights the key daily patterns that often lead to high-probability intraday setups in Stacey Burke’s methodology: 1️⃣ Day Zero The reset days within a 3-day cycle (e.g. breakout → continuation → exhaustion/reversal). Can mark the beginning of a new directional phase. Trades back inside the prior range after a Peak Formation High (PFH) or Peak Formation Low (PFL). Bias: Look for measured parabolic session moves. When combined with trend following indicators, these signal days can be very powerful. 2️⃣ Inside Day A day where the entire range is contained within the prior day’s range. Signals consolidation and energy build-up. Often leads to explosive breakouts in the next session. Bias: Trade breakouts of the inside day’s high/low or breakout reversal in the session at key timings in the direction of higher timeframe bias. When combined with trend following indicators, these signal days can be very powerful. 3️⃣ Outside Day (Engulfing Day) ` A day where the range is larger than the prior day’s range, engulfing both high and low. Marks trapped traders and fakeouts on both sides. Often precedes strong continuations or sharp reversals from outside of the ranges. Bias: Align trades with the true continuation move. When combined with trend following indicators, these signal days can be very powerful. 📌 How They Work Together Day Zero → Signals the new cycle after PFH/PFL. Inside Day → Signals compression → expect breakout setups. Outside Day → Signals exhaustion/fakeouts → expect reversals or continuations. Together, they give traders a clear daily roadmap for where liquidity sits and when to expect the highest-probability setups. ✅ Example in Practice Market rallies for 3 days → PFH forms → Day Zero short bias. Next day prints an Inside Day → watch for breakout continuation short, and breakout reversals. Later, an Outside Day traps both longs and shorts → the following session offers a clean intraday reversal or continuation trade in line with the underlying MTF trend/bias. ⚙️ Features of This Indicator Automatic detection of Day Zero, Inside Days, and Outside Days Multi-Timeframe (MTF) support for cycle alignment Visual markers for PFH/PFL and consolidation zones Measured move projections for breakout targets 👉 Stacey Burke Signal Day LTE gives traders just a few of the most important signal days — Day Zero, Inside Day, and Outside Day — to structure their intraday trades around fake outs, breakouts, and reversals within the daily cycles of the week. (This is work in progress: Next up, FRD/FGD's, 3-day cycle detecting, 3DLs, 3DSs).
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Ross-J-Burland tarafından
Market Structures by The Noiseless TraderMarket Structure by The Noiseless Trader is an indicator that highlights simple candle-based market structure patterns: Market Structure Low (MSL) and Market Structure High (MSH) . It is designed to make these shifts visible directly on the chart. Pattern Logic MSL (Market Structure Low) Candle 2: Bearish Candle 1: Bearish, closing below Candle 2’s close Candle 0: Bullish, closing above Candle 1’s open Candle 0 must also have a minimum body size (default = 2%) MSH (Market Structure High) Candle 2: Bullish Candle 1: Bullish, closing above Candle 2’s close Candle 0: Bearish, closing below Candle 1’s open Candle 0 must also have a minimum body size (default = 2%) Features Label plotting: When a pattern forms, the script places an “MSL” or “MSH” label slightly offset from Candle 0 so that the signal is visible but does not overlap the bar. Bar coloring: Optionally, the script colors the signal candles for faster visual recognition (green for MSL, red for MSH). Repaint protection : A setting allows the user to confirm signals only on bar close. This ensures the label does not disappear once plotted, though it delays the signal until the candle closes. Customizable inputs: Users can set the minimum body size threshold (in % of price) and adjust the label offset distance to their preference. Alerts: TradingView alerts can be created for both MSL and MSH events, making it possible to receive notifications when patterns appear. How to Use MSL labels mark potential swing lows where bearish pressure is followed by a bullish reversal. MSH labels mark potential swing highs where bullish pressure is followed by a bearish reversal. These patterns are most useful for studying shifts in short-term trend structure. Traders can monitor them as potential areas of interest, but they are not standalone entry or exit signals. This indicator should be used as part of a broader trading framework. For example, some traders may combine MSL/MSH with trend filters, higher-timeframe analysis, or support/resistance zones or even classical pattern clubbed with MSL/MSH. Notes This tool highlights specific three-candle formations. It does not generate buy/sell recommendations. It is intended for educational and analytical purposes only. Past appearances of MSL or MSH patterns do not guarantee future performance. Always confirm with your own market analysis before taking trading decisions. Developed by The Noiseless Trader .
Pine Script® göstergesi
kaushikakiwatkar tarafından
bygokcebey crt 1-5-9This script is designed to help you effortlessly track the 1 AM, 5 AM, and 9 AM timeframes, and monitor these levels across lower timeframes as well. It allows you to easily identify key price levels, such as the lowest, highest, and mid points during these crucial times, giving you a clear visual guide for trading decisions. Key Features: Defined Timeframes: The script specifically highlights the 1 AM, 5 AM, and 9 AM timeframes by drawing lines (representing the low, high, and mid levels) and adding labels (CRT Low, CRT High, and 50%) at these critical times. Visibility of Time Levels: These key levels will appear only during the specified timeframes, ensuring a clean chart with relevant data at key moments. Tracking in Lower Timeframes: These levels can also be followed in lower timeframes (e.g., 4-hour charts), allowing traders to monitor the important price levels continuously as they evolve. Indicator Features: The "bygokcebey crt 1-5-9" indicator will plot lines and labels only during the 1 AM, 5 AM, and 9 AM timeframes. These levels can be tracked across lower timeframes, offering continuous reference points for your trades. The lines and labels serve as visual markers, helping you track significant price points and providing a reliable guide to refine your trading strategy. If you'd like to add more features or make any adjustments, feel free to let me know how I can assist further!
Pine Script® göstergesi
by_gokcebey tarafından
X-Scalp by LogicatX-Scalp by Logicat — Clean-Range MTF Scalper Turn noisy intraday action into clear, actionable scalps. X-Scalp builds “Clean Range” zones only when three timeframes agree (default: M30/M15/M5), then waits for a single, high-quality M5 confirmation to print a BUY/SELL label. It’s fast, simple, and ruthlessly focused on precision. What it does Clean Range zones: Drawn from the last completed M30 candle only when M30/M15/M5 align (all green or all red). Size filter (pips): Ignore tiny, low-value ranges with a configurable minimum height (auto-pip detection included). Extend-until-mitigated: Zones stretch right and “freeze” on first mitigation (close inside or close beyond, your choice). Optional fade when mitigated. Laser M5 entries (one per box): Red M5 bar inside a green zone → SELL Green M5 bar inside a red zone → BUY Prints once per zone on the closed M5 candle—no spam. Quality of life: Keep latest N zones, customizable colors, optional H4 reference lines, alert conditions for both zone creation and entries. Why traders love it Clarity: Filters chop; you see only aligned zones and one clean trigger. Speed: Designed for scalpers on FX, XAU/USD, indices, and more. Control: Tune lookback, pip threshold, mitigation logic, and visuals to fit your playbook. Tips Use on liquid sessions for best results. Combine with your risk model (fixed R, partials at mid/edge, etc.). Backtest different pip filters per symbol. Disclaimer: No indicator guarantees profits. Trade responsibly and manage risk.
Pine Script® göstergesi
ling7777 tarafından
Trend Bars with Okuninushi Line Filter# Trend Bars with Okuninushi Line Filter: A Powerful Trading Indicator ##TrendSpider Hackathon 2025 Trend Bars with Okuninushi Filter trendspider.com ##X x.com ## Introduction The **Trend Bars with Okuninushi Line Filter** is an innovative technical indicator that combines two powerful concepts: trend bar analysis and the Okuninushi Line filter. This indicator helps traders identify high-quality trending moves by analyzing candle body strength relative to the overall price range while ensuring the price action aligns with the dominant market structure. ## What Are Trend Bars? Trend bars are candles where the body (distance between open and close) represents a significant portion of the total price range (high to low). These bars indicate strong directional momentum with minimal indecision, making them valuable signals for trend continuation. ### Key Characteristics: - **Strong directional movement**: Large body relative to total range - **Minimal upper/lower shadows**: Shows sustained pressure in one direction - **High conviction**: Represents decisive market action ## The Okuninushi Line Filter The Okuninushi Line, also known as the Kijun Line in Ichimoku analysis, is calculated as the midpoint of the highest high and lowest low over a specified period (default: 52 periods). **Formula**: `(Highest High + Lowest Low) / 2` This line acts as a dynamic support/resistance level and trend filter, helping to: - Identify the overall market bias - Filter out counter-trend signals - Provide confluence for trade entries ## How the Indicator Works The indicator combines these two concepts with the following logic: ### Bull Trend Bars (Green) A candle is colored **green** when ALL conditions are met: 1. **Bullish candle**: Close > Open 2. **Strong body**: |Close - Open| ≥ Threshold × (High - Low) 3. **Above trend filter**: Close > Okuninushi Line ### Bear Trend Bars (Red) A candle is colored **red** when ALL conditions are met: 1. **Bearish candle**: Close < Open 2. **Strong body**: |Close - Open| ≥ Threshold × (High - Low) 3. **Below trend filter**: Close < Okuninushi Line ### Neutral Bars (Gray) All other candles that don't meet the complete criteria are colored **gray**. ## Customizable Parameters ### Trend Bar Threshold - **Range**: 10% to 100% - **Default**: 75% - **Purpose**: Controls how "strong" a candle must be to qualify as a trend bar **Threshold Effects:** - **Low (10-30%)**: More sensitive, catches smaller trending moves - **Medium (50-75%)**: Balanced approach, filters out most noise - **High (80-100%)**: Very selective, only captures the strongest moves ### Okuninushi Line Length - **Default**: 52 periods - **Purpose**: Determines the lookback period for calculating the midpoint - **Common Settings**: - for 15m is 92, per 1 day as 23h*4(15m in 1h) - for 1h is 115, per 1 week as 5d*23(23h in 1d) - for 4h is 120, per 1 month as 20d*6 - for 1d is 65, per 3 months - for 1w is 52, per 1 year ## Trading Applications ### 1. Trend Continuation Signals - **Green bars**: Look for bullish continuation opportunities - **Red bars**: Consider bearish continuation setups - **Gray bars**: Exercise caution, mixed signals ### 2. Market Structure Analysis - Clusters of same-colored bars indicate strong trends - Alternating colors suggest choppy, indecisive markets - Transition from red to green (or vice versa) may signal trend changes ### 3. Entry Timing - Use colored bars as confirmation for existing trade setups - Wait for color alignment with your market bias - Avoid trading during predominantly gray periods ### 4. Risk Management - Gray bars can serve as early warning signs of weakening trends - Color changes might indicate appropriate exit points - Use in conjunction with other risk management tools ## Advantages 1. **Dual Filtering**: Combines momentum (trend bars) with trend direction (Okuninushi Line) 2. **Visual Clarity**: Immediate visual feedback through candle coloring 3. **Customizable**: Adjustable parameters for different trading styles 4. **Versatile**: Works across multiple timeframes and instruments 5. **Objective**: Rule-based system reduces subjective interpretation ## Limitations 1. **Lagging Nature**: Based on historical price data 2. **False Signals**: Can produce whipsaws in choppy markets 3. **Parameter Sensitivity**: Requires optimization for different instruments 4. **Market Conditions**: May be less effective in ranging markets ## Best Practices ### Optimization Tips: - **Volatile Markets**: Use higher thresholds (80-90%) - **Steady Trends**: Use moderate thresholds (60-75%) - **Short-term Trading**: Shorter Okuninushi Line periods (26) - **Long-term Analysis**: Longer Okuninushi Line periods (104+) ### Combination Strategies: - Pair with volume indicators for confirmation - Use alongside support/resistance levels - Combine with other trend-following indicators - Consider market context and overall trend direction ## Conclusion The Trend Bars with Okuninushi Line Filter offers traders a sophisticated yet intuitive way to identify high-quality trending moves. By combining the momentum characteristics of trend bars with the directional filter of the Okuninushi Line, this indicator helps traders focus on the most promising opportunities while avoiding low-probability setups. Remember that no single indicator should be used in isolation. Always consider market context, risk management, and other technical factors when making trading decisions. The true power of this indicator lies in its ability to quickly highlight periods of strong, aligned price action – exactly what trend traders are looking for.
Pine Script® göstergesi
YAMAGUCHI-KUNI tarafından
50% of Previous 1H Candle (Color Logic)📌 Script Title: 50% Midpoint of Previous 1H Candle (Color Coded) 📝 Description: This indicator draws a horizontal line at the 50% (midpoint) of the most recently closed 1-hour candle, helping traders visualize intraday support/resistance and sentiment bias. 🔹 Key Features: Plots the midpoint of the last 1H candle as a horizontal line. Color-coded line and label: 🟢 Green: Previous candle was bullish 🔴 Red: Previous candle was bearish ⚪ Gray: Neutral (doji or equal open/close) Displays the exact price level with a floating label. Works on any lower timeframe chart (e.g., 5m, 15m, 30m). Automatically updates every hour after the 1H candle closes. 📈 Use Cases: Trade around the 1H midpoint as a dynamic pivot zone. Confirm or fade price breakouts/rejections at this level. Use it with trendlines, supply/demand zones, or VWAP. 🔍 Technical Notes: The midpoint is calculated using: Midpoint = (High + Low) / 2 from the most recent closed 1H candle. Color logic is based on whether the 1H candle closed above or below its open. 🚀 Enhancement Ideas (future updates): Add optional alerts on cross of the midpoint. Show multiple historical midpoint levels. Input toggle to enable/disable color coding. Whether you’re scalping intraday or watching for reaction zones, this tool gives you a clean, real-time level to anchor your trades around. Happy trading! 💹 — Built with ❤️ in Pine Script v6
Pine Script® göstergesi
ToyinTrader tarafından
Live Market - Performance MonitorLive Market — Performance Monitor Study material (no code) — step-by-step training guide for learners ________________________________________ 1) What this tool is — short overview This indicator is a live market performance monitor designed for learning. It scans price, volume and volatility, detects order blocks and trendline events, applies filters (volume & ATR), generates trade signals (BUY/SELL), creates simple TP/SL trade management, and renders a compact dashboard summarizing market state, risk and performance metrics. Use it to learn how multi-factor signals are constructed, how Greeks-style sensitivity is replaced by volatility/ATR reasoning, and how a live dashboard helps monitor trade quality. ________________________________________ 2) Quick start — how a learner uses it (step-by-step) 1. Add the indicator to a chart (any ticker / timeframe). 2. Open inputs and review the main groups: Order Block, Trendline, Signal Filters, Display. 3. Start with defaults (OB periods ≈ 7, ATR multiplier 0.5, volume threshold 1.2) and observe the dashboard on the last bar. 4. Walk the chart back in time (use the last-bar update behavior) and watch how signals, order blocks, trendlines, and the performance counters change. 5. Run the hands-on labs below to build intuition. ________________________________________ 3) Main configurable inputs (what you can tweak) • Order Block Relevant Periods (default ~7): number of consecutive candles used to define an order block. • Min. Percent Move for Valid OB (threshold): minimum percent move required for a valid order block. • Number of OB Channels: how many past order block lines to keep visible. • Trendline Period (tl_period): pivot lookback for detecting highs/lows used to draw trendlines. • Use Wicks for Trendlines: whether pivot uses wicks or body. • Extension Bars: how far trendlines are projected forward. • Use Volume Filter + Volume Threshold Multiplier (e.g., 1.2): requires volume to be greater than multiplier × average volume. • Use ATR Filter + ATR Multiplier: require bar range > ATR × multiplier to filter noise. • Show Targets / Table settings / Colors for visualization. ________________________________________ 4) Core building blocks — what the script computes (plain language) Price & trend: • Spot / LTP: current close price. • EMA 9 / 21 / 50: fast, medium, slow moving averages to define short/medium trend. o trend_bullish: EMA9 > EMA21 > EMA50 o trend_bearish: EMA9 < EMA21 < EMA50 o trend_neutral: otherwise Volatility & noise: • ATR (14): average true range used for dynamic target and filter sizing. • dynamic_zone = ATR × atr_multiplier: minimum bar range required for meaningful move. • Annualized volatility: stdev of price changes × sqrt(252) × 100 — used to classify volatility (HIGH/MEDIUM/LOW). Momentum & oscillators: • RSI 14: overbought/oversold indicator (thresholds 70/30). • MACD: EMA(12)-EMA(26) and a 9-period signal line; histogram used for momentum direction and strength. • Momentum (ta.mom 10): raw momentum over 10 bars. Mean reversion / band context: • Bollinger Bands (20, 2σ): upper, mid, lower. o price_position measures where price sits inside the band range as 0–100. Volume metrics: • avg_volume = SMA(volume, 20) and volume_spike = volume > avg_volume × volume_threshold o volume_ratio = volume / avg_volume Support & Resistance: • support_level = lowest low over 20 bars • resistance_level = highest high over 20 bars • current_position = percent of price between support & resistance (0–100) ________________________________________ 5) Order Block detection — concept & logic What it tries to find: a bar (the base) followed by N candles in the opposite direction (a classical order block setup), with a minimum % move to qualify. The script records the high/low of the base candle, averages them, and plots those levels as OB channels. How learners should think about it (conceptual): 1. An order block is a signature area where institutions (theory) left liquidity — often seen as a large bar followed by a sequence of directional candles. 2. This indicator uses a configurable number of subsequent candles to confirm that the pattern exists. 3. When found, it stores and displays the base candle’s high/low area so students can see how price later reacts to those zones. Implementation note for learners: the tool keeps a limited history of OB lines (ob_channels). When new OBs exceed the count, the oldest lines are removed — good practice to avoid clutter. ________________________________________ 6) Trendline detection — idea & interpretation • The script finds pivot highs and lows using a symmetric lookback (tl_period and half that as right/left). • It then computes a trendline slope from successive pivots and projects the line forward (extension_bars). • Break detection: Resistance break = close crosses above the projected resistance line; Support break = close crosses below projected support. Learning tip: trendlines here are computed from pivot points and time. Watch how changing tl_period (bigger = smoother, fewer pivots) alters the trendlines and break signals. ________________________________________ 7) Signal generation & filters — step-by-step 1. Primary triggers: o Bullish trigger: order block bullish OR resistance trendline break. o Bearish trigger: bearish order block OR support trendline break. 2. Filters applied (both must pass unless disabled): o Volume filter: volume must be > avg_volume × volume_threshold. o ATR filter: bar range (high-low) must exceed ATR × atr_multiplier. o Not in an existing trade: new trades only start if trade_active is false. 3. Trend confirmation: o The primary trigger is only confirmed if trend is bullish/neutral for buys or bearish/neutral for sells (EMA alignment). 4. Result: o When confirmed, a long or short trade is activated with TP/SL calculated from ATR multiples. ________________________________________ 8) Trade management — what the tool does after a signal • Entry management: the script marks a trade as trade_active and sets long_trade or short_trade flags. • TP & SL rules: o Long: TP = high + 2×ATR ; SL = low − 1×ATR o Short: TP = low − 2×ATR ; SL = high + 1×ATR • Monitoring & exit: o A trade closes when price reaches TP or SL. o When TP/SL hit, the indicator updates win_count and total_pnl using a very simple calculation (difference between TP/SL and previous close). o Visual lines/labels are drawn for TP and updated as the trade runs. Important learner notes: • The script does not store a true entry price (it uses close in its P&L math), so PnL is an approximation — treat this as a learning proxy, not a position accounting system. • There’s no sizing, slippage, or fee accounted — students must manually factor these when translating to real trades. • This indicator is not a backtesting strategy; strategy.* functions would be needed for rigorous backtest results. ________________________________________ 9) Signal strength & helper utilities • Signal strength is a composite score (0–100) made up of four signals worth 25 points each: 1. RSI extreme (overbought/oversold) → 25 2. Volume spike → 25 3. MACD histogram magnitude increasing → 25 4. Trend existence (bull or bear) → 25 • Progress bars (text glyphs) are used to visually show RSI and signal strength on the table. Learning point: composite scoring is a way to combine orthogonal signals — study how changing weights changes outcomes. ________________________________________ 10) Dashboard — how to read each section (walkthrough) The dashboard is split into sections; here's how to interpret them: 1. Market Overview o LTP / Change%: immediate price & daily % change. 2. RSI & MACD o RSI value plus progress bar (overbought 70 / oversold 30). o MACD histogram sign indicates bullish/bearish momentum. 3. Volume Analysis o Volume ratio (current / average) and whether there’s a spike. 4. Order Block Status o Buy OB / Sell OB: the average base price of detected order blocks or “No Signal.” 5. Signal Status o 🔼 BUY or 🔽 SELL if confirmed, or ⚪ WAIT. o No-trade vs Active indicator summarizing market readiness. 6. Trend Analysis o Trend direction (from EMAs), market sentiment score (composite), volatility level and band/position metrics. 7. Performance o Win Rate = wins / signals (percentage) o Total PnL = cumulative PnL (approximate) o Bull / Bear Volume = accumulated volumes attributable to signals 8. Support & Resistance o 20-bar highest/lowest — use as nearby reference points. 9. Risk & R:R o Risk Level from ATR/price as a percent. o R:R Ratio computed from TP/SL if a trade is active. 10. Signal Strength & Active Trade Status • Numeric strength + progress bar and whether a trade is currently active with TP/SL display. ________________________________________ 11) Alerts — what will notify you The indicator includes pre-built alert triggers for: • Bullish confirmed signal • Bearish confirmed signal • TP hit (long/short) • SL hit (long/short) • No-trade zone • High signal strength (score > 75%) Training use: enable alerts during a replay session to be notified when the indicator would have signalled. ________________________________________ 12) Labs — hands-on exercises for learners (step-by-step) Lab A — Order Block recognition 1. Pick a 15–30 minute timeframe on a liquid ticker. 2. Use default OB periods (7). Mark each time the dashboard shows a Buy/Sell OB. 3. Manually inspect the chart at the base candle and the following sequence — draw the OB zone by hand and watch later price reactions to it. 4. Repeat with OB periods 5 and 10; note stability vs noise. Lab B — Trendline break confirmation 1. Increase trendline period (e.g., 20), watch trendlines form from pivots. 2. When a resistance break is flagged, compare with MACD & volume: was momentum aligned? 3. Note false breaks vs confirmed moves — change extension_bars to see projection effects. Lab C — Filter sensitivity 1. Toggle Use Volume Filter off, and record the number and quality of signals in a 2-day window. 2. Re-enable volume filter and change threshold from 1.2 → 1.6; note how many low-quality signals are filtered out. Lab D — Trade management simulation 1. For each signalled trade, record the time, close entry approximation, TP, SL, and eventual hit/miss. 2. Compute actual PnL if you had entered at the open of the next bar to compare with the script’s PnL math. 3. Tabulate win rate and average R:R. Lab E — Performance review & improvement 1. Build a spreadsheet of signals over 30–90 periods with columns: Date, Signal type, Entry price (real), TP, SL, Exit, PnL, Notes. 2. Analyze which filters or indicators contributed most to winners vs losers and adjust weights. ________________________________________ 13) Common pitfalls, assumptions & implementation notes (things to watch) • P&L simplification: total_pnl uses close as a proxy entry price. Real entry/exit prices and slippage are not recorded — so PnL is approximate. • No position sizing or money management: the script doesn’t compute position size from equity or risk percent. • Signal confirmation logic: composite "signal_strength" is a simple 4×25 point scheme — explore different weights or additional signals. • Order block detection nuance: the script defines the base candle and checks the subsequent sequence. Be sure to verify whether the intended candle direction (base being bullish vs bearish) aligns with academic/your trading definition — read the code carefully and test. • Trendline slope over time: slope is computed using timestamps; small differences may make lines sensitive on very short timeframes — using bar_index differences is usually more stable. • Not a true backtester: to evaluate performance statistically you must transform the logic into a strategy script that places hypothetical orders and records exact entry/exit prices. ________________________________________ 14) Suggested improvements for advanced learners • Record true entry price & timestamp for accurate PnL. • Add position sizing: risk % per trade using SL distance and account size. • Convert to strategy. (Pine Strategy)* to run formal backtests with equity curves, drawdowns, and metrics (Sharpe, Sortino). • Log trades to an external spreadsheet (via alerts + webhook) for offline analysis. • Add statistics: average win/loss, expectancy, max drawdown. • Add additional filters: news time blackout, market session filters, multi-timeframe confirmation. • Improve OB detection: combine wick/body, volume spike at base bar, and liquidity sweep detection. ________________________________________ 15) Glossary — quick definitions • ATR (Average True Range): measure of typical range; used to size targets and stops. • EMA (Exponential Moving Average): trend smoothing giving more weight to recent prices. • RSI (Relative Strength Index): momentum oscillator; >70 overbought, <30 oversold. • MACD: momentum oscillator using difference of two EMAs. • Bollinger Bands: volatility bands around SMA. • Order Block: a base candle area with subsequent confirmation candles; a zone of institutional interest (learning model). • Pivot High/Low: local turning point defined by candles on both sides. • Signal Strength: combined score from multiple indicators. • Win Rate: proportion of signals that hit TP vs total signals. • R:R (Risk:Reward): ratio of potential reward (TP distance) to risk (entry to SL). ________________________________________ 16) Limitations & assumptions (be explicit) • This is an indicator for learning — not a trading robot or broker connection. • No slippage, fees, commissions or tie-in to real orders are considered. • The logic is heuristic (rule-of-thumb), not a guarantee of performance. • Results are sensitive to timeframe, market liquidity, and parameter choices. ________________________________________ 17) Practical classroom / study plan (4 sessions) • Session 1 — Foundations: Understand EMAs, ATR, RSI, MACD, Bollinger Bands. Run the indicator and watch how these numbers change on a single day. • Session 2 — Zones & Filters: Study order blocks and trendlines. Test volume & ATR filters and note changes in false signals. • Session 3 — Simulated trading: Manually track 20 signals, compute real PnL and compare to the dashboard. • Session 4 — Improvement plan: Propose changes (e.g., better PnL accounting, alternative OB rule) and test their impact. ________________________________________ 18) Quick reference checklist for each signal 1. Was an order block or trendline break detected? (primary trigger) 2. Did volume meet threshold? (filter) 3. Did ATR filter (bar size) show a real move? (filter) 4. Was trend aligned (EMA 9/21/50)? (confirmation) 5. Signal confirmed → mark entry approximation, TP, SL. 6. Monitor dashboard (Signal Strength, Volatility, No-trade zone, R:R). 7. After exit, log real entry/exit, compute actual PnL, update spreadsheet. ________________________________________ 19) Educational caveat & final note This tool is built for training and analysis: it helps you see how common technical building blocks combine into trade ideas, but it is not a trading recommendation. Use it to develop judgment, to test hypotheses, and to design robust systems with proper backtesting and risk control before risking capital. ________________________________________ 20) Disclaimer (must include) Training & Educational Only — This material and the indicator are provided for educational purposes only. Nothing here is investment advice or a solicitation to buy or sell financial instruments. Past simulated or historical performance does not predict future results. Always perform full backtesting and risk management, and consider seeking advice from a qualified financial professional before trading with real capital. ________________________________________
Pine Script® göstergesi
aiTrendview-Charting-System tarafından
Multi-Timeframe HTS Retest Strategy v6Multi-Timeframe HTS Retest Strategy v6 is a trend-following tool designed to detect high-probability retest entries aligned with higher timeframe direction. The indicator applies HTS bands (short & long) on both the current and higher timeframe (4x–8x multiplier) to confirm market bias. A strong trend is validated when HTS bands separate on the higher timeframe. On the lower timeframe, the strategy tracks price behavior relative to the bands: after breaking outside, price must retest either the fast (blue) or slow (red) band, confirmed by a rejection candle. This generates precise BUY or SELL retest signals. Features include flexible average methods (RMA, EMA, SMA, etc.), customizable cross detection (final cross, 4 crosses, or both), volume-based retest conditions, and clear visual signals (dots for trend start, triangles for retests). Alerts are integrated for automation. This strategy is suitable for forex, crypto, indices, and stocks, supporting both scalping and swing trading.
Pine Script® göstergesi
Eco_Leader tarafından
Futubull VWAPTo apply Futubull’s VWAP (Volume Weighted Average Price) indicator to TradingView, the key is to understand Futubull’s VWAP calculation logic and features, then replicate them using TradingView’s Pine Script language. Below are detailed steps and methods, incorporating the provided context and prior discussions, to help you create a custom VWAP indicator in TradingView that mirrors Futubull’s functionality. The script will be tailored for day trading CIEN (Ciena Corporation) on September 4, 2025, during pre-market (Hong Kong time 11:25 PM, equivalent to US Eastern Time 11:25 AM), leveraging its earnings-driven breakout ($115.50, +21.81%).
Pine Script® göstergesi
TsuiSum tarafından
VWMA CandlesVWMA Candles – Smarter Candle Coloring with Volume Awareness This indicator enhances your chart candles by showing their relationship to the Volume-Weighted Moving Average (VWMA). It visually integrates the VWMA and price action, making it easier to spot momentum shifts, value zones, and price interaction with volume-weighted levels. I saw this indicator idea from TrendSpider on threads and decided to try and make my own. This is my first publicly shared script so go easy on me! IN ORDER FOR THE COLOR CODING TO WORK PROPERLY, YOU MUST: GO TO -> CHART SETTINGS -> SYMBOLS AND DISABLE BODIES, BORDERS, AND WICKS. How it works: The VWMA is plotted on your chart with a customizable band around it. Candles change color depending on their position relative to the VWMA and its band: Green → Price is above the VWMA (bullish bias). Orange → Price is near or touching the VWMA/band (potential reaction zone). Red → Price is below the VWMA (bearish bias). You can choose between custom candles (full plotcandle styling) or simply recolor your existing chart candles with barcolor. Customization options: Select how the band is calculated: by % of VWMA, ATR multiple, or Ticks/Points. Adjust colors separately for candle body, wick, and border. Choose to show/hide the VWMA line and the band fill. Fine-tune transparency for a clean look on any chart background. Why traders use it: Quickly spot when price is stretched away from the VWMA (overextended conditions). Identify when candles are interacting with the VWMA (potential support/resistance). Add volume-sensitivity to your trend analysis compared to standard moving averages. Authors Note: The default settings work well with stocks on the weekly timeframe, although this can be used on any timeframe. The settings are highly adjustable for you to tune it to your liking.
Pine Script® göstergesi
XYZ-Trades tarafından
(Binance 10m binary contact signals(repainted) BINANCE:BTCUSDT Suggestion:use chart of spot instead of swap. using for binance binary contacts(事件合约) This script is a 10-minute binary event contract trading strategy indicator designed for BTC and ETH on Binance. It combines multiple technical analysis tools with a unique market session filter to generate potential entry and exit signals. Here’s a breakdown of its core functions: --- 1. Market Session Visualization · It highlights four major trading sessions (Tokyo, London, New York, and Sydney) with colored boxes or background zones. · You can toggle each session on/off and customize its appearance. · This helps traders quickly identify which financial market is currently active, as volatility and momentum often shift between sessions. --- 2. Trading Signals Generation The indicator combines several technical factors to produce signals: · Moving Average Crosses: Uses SMA (5) and SMA (9) for golden/death cross signals. · RSI Momentum: Identifies overbought/oversold conditions and crossovers above/below the 50 level. · Volume Confirmation: Checks if current volume is above its 20-period average to confirm strength. · Price Deviation: Measures how far price has moved from its short-term average (SMA 5). Signals are plotted as green upward triangles (buy) or red downward triangles (sell) below or above the bars. --- 3. Smart Session Filtering (Key Feature) · A unique filter ensures signals are only generated during valid market hours (when only one major session is active). · It avoids overlap periods (e.g., when London and New York are both open), which often bring erratic price action and false signals. · This makes the strategy more robust by focusing on periods with clearer trends and higher predictability. --- 4. Anti-Repainting Options · The script includes an option (show not strong signals) to reduce repainting: · If enabled, it requires signal confirmation on the next candle for stronger, more reliable signals. · If disabled, all signals are shown in real-time (but may be more prone to repainting). --- 5. Alerts and Timeframe Compatibility · Built-in alert conditions allow you to get notified when new signals appear. · It is designed specifically for 10-minute charts of BTC and ETH binary event contracts. --- Summary: This tool is best for traders who want to: · Trade short-term binary options or event contracts based on 10-minute candles. · Combine multi-session awareness with classic technical indicators. · Filter out noisy market periods and focus on high-probability setups. ⚠️ Note: Since some signals may repaint, use the confirmation filter (show not strong signals) for more consistent results. Always test the strategy in a demo account before going live. Let me know if you need help customizing or interpreting the signals.
Pine Script® göstergesi
czstycl tarafından
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