Fat Tails Analyzer🧠 Fat Tails Analyzer — Analysis of Anomalous ("Fat-Tailed") Movements
📌 Description
Fat Tails Analyzer is a tool for analyzing "fat tails" in the distribution of returns. Unlike normal distribution, financial markets often exhibit frequent extreme movements. This indicator identifies and visualizes such events by analyzing logarithmic returns, deviations from normal distribution, and excess kurtosis.
🔬 Methodology
Logarithmic returns (ln(Close / Close )) are calculated for accurate aggregation and symmetry.
Moving average and standard deviation of returns are computed over a specified period.
"Fat-tailed" events are identified when returns exceed μ ± k·σ, where k is user-defined.
Normal distribution bands (±2σ) and kurtosis (a measure of tail "heaviness") are displayed for clarity.
📊 What It Displays
📈 Histogram of Returns: Green for positive, red for negative.
🟣 Fat Tail Threshold Lines: Marking extreme events.
⚪ Silver Normal Distribution Bands: ±2σ boundaries.
🔵 Kurtosis Line: If enabled.
📋 Table with Key Metrics: Mean, σ, kurtosis.
⚙️ Parameters
Lookback Period (Bars): Analysis period (default: 252).
Fat Tail Threshold (Std Devs): Deviation for extreme events (k, default: 2.5).
Show Normal Distribution Bands: Toggle ±2σ boundaries.
Show Kurtosis: Enable kurtosis analysis mode.
📌 Interpretation
Excess Kurtosis > 0: More extreme events than predicted by normal distribution.
Returns beyond fat-tail thresholds: Potential signals of panic, shock, or exceptional news.
Consistently high kurtosis: Unstable or speculative asset.
🧪 Applications
📉 Identify extreme risks in assets (especially cryptocurrencies and derivatives).
🧠 Study market behavior and dispersion.
🛡 Support risk analysis, stop-loss settings, and systemic risk assessment.
🔎 Compare assets by the "normality" of their behavior.
🧭 Live Metrics Table
Displayed in the bottom-right corner:
Mean return
Standard deviation
Excess kurtosis (color-coded by value)
🧠 Good to Know
Normal distribution has kurtosis = 0.
> 0: "Fat tails" (more extreme values).
< 0: "Thin tails" (values close to the mean).
Candlestick analysis
Volume Peak LineA fully configurable “Volume Peak Line” indicator that draws a horizontal threshold at the highest volume over the last X candles (default 5).
Custom lookback (X volume candles)
Optional alert when current volume exceeds that peak
Separate up/down volume bars (green/red) or hide them to use your own volume overlays
Use it to spot surges in trading activity on any timeframe—ideal for intraday or swing setups where a barn-burner volume bar can signal a reversal or the start of a new trend.
Boring w/Prev LeginThis TradingView Pine Script highlights “boring” candles that follow a specific “legin” candle, based on strict supply/demand zone and price action rules inspired by your trading strategy.
A candle will be highlighted if it meets all of these:
The current candle is “boring” (low volatility, small range).
The previous candle was a “legin” (high volatility, big move).
The previous “legin” was much larger than the current “boring” candle (by TR or size).
The boring candle has both upper and lower wicks (not a marubozu).
The legin candle had a strong body (≥70% of its size) and a wick on its close side (showing strong price rejection).
Candle Ghosts: MTF 3 Candle Viewer by Chaitu50cCandle Ghosts: MTF 3 Candle Viewer helps you see candles from other timeframes directly on your chart. It shows the last 3 candles from a selected timeframe as semi-transparent boxes, so you can compare different timeframes without switching charts.
You can choose to view candles from 30-minute, 1-hour, 4-hour, daily, or weekly timeframes. The candles are drawn with their full open, high, low, and close values, including the wicks, so you get a clear view of their actual shape and size.
The indicator lets you adjust the position of the candles using horizontal and vertical offset settings. You can also control the spacing between the candles for better visibility.
An optional EMA (Exponential Moving Average) from the selected timeframe is also included to help you understand the overall trend direction.
This tool is useful for:
Intraday traders who want to see higher timeframe candles for better decisions
Swing traders checking lower timeframe setups
Anyone doing top-down analysis using multiple timeframes on a single chart
This is a simple and visual way to study how candles from different timeframes behave together in one place.
Previous Candle High/Low (Clean)✅ Creates one horizontal line for the previous candle’s high (green).
✅ Creates one horizontal line for the previous candle’s low (red).
✅ The lines update on each new candle, always following the most recent previous high/low.
✅ The lines are extended to the right — they don’t stack or clutter the chart.
✅ Works on all timeframes.
Volume-Based Candle ShadingThe Volume Shading indicator dynamically adjusts the color brightness of each price bar based on relative volume levels. It helps traders quickly identify whether a candle formed on low, average, or high volume without needing to reference a separate volume pane.
Candles are shaded dynamically as they form, so you can watch volume flow into them in real time. This indicator is designed to be as minimally intrusive as possible, allowing you to visualize volume levels without extra clutter on your charts.
The additional volume indicator in the preview above is there just for a point of reference to allow you to see how the shading on the bars correlates to the volume.
⸻
SETTINGS:
Bullish and bearish base colors — These serve as the midpoint (average volume) for shading.
Brightness mapping direction — Optionally invert the shading so that either high volume appears darker or lighter.
Volume smoothing length — Defines how many bars are averaged to determine what constitutes “normal” volume.
Candles with volume above average will appear darker or lighter depending on user preference, while those with average volume will be painted the chosen colors, giving an intuitive gradient that enhances volume awareness directly on the chart.
⸻
USES:
Confirming price action: Highlight when breakout candles or reversal bars occur with high relative volume, strengthening signal conviction.
Spotting low-volume moves: Identify candles that lack volume support, potentially signaling weak continuation or false breakouts.
Enhancing visual analysis: Overlay volume dynamics directly onto price bars, reducing screen clutter and aiding faster decision-making.
Custom visual workflows: Adapt the visual behavior of candles to your trading style by choosing color direction and base tones.
X Opens+Overview:
The X Opens+ indicator is a precision tool designed for traders seeking to analyze market structure and behavior around key timeframe opens. It highlights the open prices of custom-selected higher timeframes—such as daily, weekly, or monthly sessions—and visualizes them directly on lower timeframes. These open levels often coincide with high-volume zones, market imbalance, and institutional interest, making them powerful reference points for intraday and swing trading strategies.
Key Features:
Custom Timeframe Anchoring: Users can select any timeframe (e.g., daily, 4H, 1W) to display its current and previous session opens directly on their active chart. This allows for flexible multi-timeframe analysis within a single view.
Price Reaction Zones: Timeframe opens are frequently areas of heightened liquidity and directional bias. By identifying these opens and their relationship to current price action, traders can anticipate areas of support/resistance, trend continuation, or reversal.
Derived Midpoints and Ranges: The indicator also computes and displays the previous session’s range midpoint (EQ), as well as extension bands (e.g., ±1.0x or ±1.5x the prior range). These levels are useful for contextualizing volatility expansion and identifying breakout or fade setups around key open zones.
Historical Session Mapping: In addition to live opens, the tool optionally displays opens and range-based levels from previous sessions. This historical layering gives traders a broader context of how price has respected or rejected these levels over time.
Labeling and Customization: Each level can be labeled and color-coded to match user preferences. The visibility, size, and style of each element (e.g., lines, labels, bands) are fully configurable for visual clarity and user alignment.
Use Cases:
Confirming bias around daily or weekly opens, especially during market opens or key economic releases.
Identifying equilibrium levels for mean reversion or continuation setups.
Using ±1.0 and ±1.5 range projections as dynamic targets or invalidation zones.
Anchoring to key sessions for volume profile or order flow-based strategies.
Summary:
X Opens+ is a data-driven utility that transforms static session opens into dynamic market tools. By spotlighting where institutional interest likely concentrates—at the opens of significant timeframes—this indicator provides traders with a structural edge in identifying key zones that influence price behavior throughout the trading day or week
50/100 EMA Crossover with Candle Confirmation📘 **50/100 EMA Crossover with Candle Confirmation – Strategy Description**
The **50/100 EMA Crossover with Candle Confirmation** is a trend-following strategy designed to filter high-probability entries by combining exponential moving average (EMA) crossovers with strong price action confirmation. This strategy aims to reduce false signals commonly associated with EMA-only systems by requiring a **candle close confirmation in the direction of the trend**, making it more reliable for intraday or swing trading across Forex, crypto, and stock markets.
---
### 🔍 **Core Logic**
* The strategy is based on the interaction of the **50 EMA** (fast-moving average) and the **100 EMA** (slow-moving average).
* **Trend direction** is determined by the crossover:
* **Bullish Trend**: When the 50 EMA crosses **above** the 100 EMA.
* **Bearish Trend**: When the 50 EMA crosses **below** the 100 EMA.
* To **filter out false breakouts**, a **candle confirmation** is used:
* For a **Buy signal**: After a bullish crossover, wait for a strong bullish candle (e.g., full-body green candle) to **close above both EMAs**.
* For a **Sell signal**: After a bearish crossover, wait for a strong bearish candle to **close below both EMAs**.
---
### ✅ **Entry Conditions**
**Buy Entry:**
* 50 EMA crosses above 100 EMA.
* Latest candle closes **above both EMAs**.
* Candle must be bullish (green/full body preferred).
**Sell Entry:**
* 50 EMA crosses below 100 EMA.
* Latest candle closes **below both EMAs**.
* Candle must be bearish (red/full body preferred).
---
### 🛑 **Exit or Take-Profit Options**
* **Fixed TP/SL**: 1:2 or 1:3 risk-reward.
* **Trailing Stop**: Based on recent swing highs/lows or ATR.
* **EMA Exit**: Exit trade when the candle closes on the opposite side of 50 EMA.
---
### ⚙️ **Best Settings**
* **Timeframes**: 5M, 15M, 1H, 4H (works well on most).
* **Markets**: Forex, Crypto (e.g., BTC/ETH), Indices (e.g., NASDAQ, NIFTY50).
* **Recommended filters**:
* Use with RSI divergence or volume confirmation.
* Avoid using during high-impact news (especially on lower timeframes).
---
### 🧠 **Why This Works**
The 50/100 EMA crossover provides a **medium-term trend signal**, reducing noise seen in fast EMAs (like 9 or 21). The candle confirmation adds a **momentum filter**, ensuring price supports the directional bias. This makes it suitable for traders who want a balance of trend and entry precision without overcomplicating with too many indicators.
---
### 📈 **Advantages**
* Simple yet effective for identifying trends.
* Filters out fakeouts using candle confirmation.
* Easy to automate in Pine Script or other trading bots.
* Can be combined with support/resistance or SMC zones for better confluence.
---
### ⚠️ **Limitations**
* May lag slightly in ranging markets.
* Late entries possible due to confirmation candle.
* Works best with additional volume or volatility filter.
O.C. buy/sell by maliwru + TP & SL + TableO.C. Buy/Sell + TP/SL + Table — by maliwru
This indicator detects trade entry signals based on the Opening Candle strategy using the first bar of the trading session.
🔍 Key Features:
Automatic session time detection (Saudi, US, or Custom)
Visual Buy/Sell signals
Auto-calculated and drawn Take Profit 1/2/3 and Stop Loss
SL can be set by % or points
Supports VWAP and EMA200 overlays
Real-time chart labels and lines
Trade summary table showing last 2 trades with TP/SL status
💡 Best for:
Intraday traders
Session range-based setups
Open range breakout strategies
📋 Customizable Settings:
Session time
Colors
Candle duration (in ms)
SL/TP modes and levels
📘 User Guide:
O.C. Buy/Sell + TP/SL + Table — by maliwru
Open Candle Session Breakout Indicator with Auto TP/SL and Trade Summary Table
🔎 What is this indicator?
This indicator detects high-probability Buy/Sell signals based on the first (Opening) candle of a trading session. It is built for intraday traders who want to capitalize on early session breakouts with predefined TP and SL levels, along with clear visual feedback.
🧠 How it works:
Opening Candle (O.C.):
At the start of the selected session (e.g. Saudi, US, or Custom), the first candle is marked as the reference or opening candle.
Signal Generation:
Buy signal is triggered when price breaks above the high of the opening candle.
Sell signal is triggered when price breaks below the low of the opening candle.
Take Profits & Stop Loss:
TP1, TP2, and TP3 are automatically plotted using customizable multipliers.
SL is calculated based on % risk, point distance, or a fixed method — all adjustable in settings.
Trade Summary Table:
The indicator displays the last 2 signals with:
Direction (Buy/Sell)
Entry Price
TP/SL levels
TP/SL hit status (real-time update)
⚙️ Settings Overview
Category Description
Session Type Choose between Saudi, US, or Custom. Automatically adjusts to session start times.
Custom Session Time If Custom is selected, manually set start hour & minute.
VWAP / EMA200 Toggle overlays for VWAP and EMA200 for confluence analysis.
SL Mode Select from % of entry, fixed points, or auto from O.C. range.
TP Multipliers Set levels for TP1, TP2, TP3 (e.g. 1.0x, 1.5x, 2.0x of O.C. range).
Colors & Style Customize candle colors, TP/SL lines, signal arrows, and table style.
Candle Duration (ms) Optional — for tick-based setups or special sessions.
✅ Benefits
🔄 Automatic session detection: Works out of the box for Saudi and US markets.
🎯 Precise entry logic: Based on real breakout of the first session candle.
📉 Risk management built-in: SL and TP levels auto-calculated.
📊 Visual clarity: Real-time labels, arrows, and TP/SL lines on chart.
📈 VWAP & EMA200 filters: Help avoid false breakouts.
📋 Compact trade summary: Table shows entry, outcome, and hit levels.
🔧 Fully customizable: Adjust almost every aspect to fit your strategy.
💡 Tips for Best Use
Use it on 5m to 30m charts for intraday setups.
Combine with volume spikes, VWAP, or EMA200 for confirmation.
Avoid trading during low liquidity or high-impact news releases.
Experiment with different TP/SL multipliers depending on market volatility.
Use table status to review recent trade performance at a glance.
📌 Example Workflow
Set session type = US Market
Wait for the first candle to complete after market open
If price breaks above candle high → Buy
If price breaks below candle low → Sell
SL and TP levels are drawn automatically
Track results in the live table
[Teyo69] T1 Short & Long Covering📘 Overview
The Short & Long Covering indicator is designed to help traders detect potential absorption candles and short-covering traps using a combination of normalized volume behavior and price exhaustion logic.
It visualizes possible long opportunities after sell-offs and short traps after price rallies—ideal for traders who want to anticipate reversals based on volume structure.
🧩 Features
📈 Detects rising price with falling volume → potential short covering
📉 Detects falling price with falling volume → potential long absorption
🔍 Flags volume spike conditions using normalized volume vs MA
🔵 Plots “L” (Long Covering) below bars
🔴 Plots “S” (Short Trap) above bars
Customizable pivot lookback and exhaustion period
⚙️ How to Use
Use "L" markers as possible long re-entry points after shakeouts
Use "S" markers to watch for failed rallies or bull traps
Combine with S/R zones or trend filters to confirm
Works well in conjunction with Wyckoff-style market logic or volume spread analysis (VSA)
🔧 Configuration
Price movement Lookback: Sets how many bars to compare for trend detection
Exhaustion Lookback: Defines the recent window to confirm price is exhausted
Normalized Volume MA Length: Used to determine volume spikes relative to average
⚠️ Limitations
Not a standalone signal — should be used with confluence (e.g., support/resistance, trend filters)
Best for spotting potential reversals, not trend-following entries
May generate false signals in low volume chop or news spikes
💡 Advanced Tips
Combine with a trend filter like appropriate EMA to avoid counter-trend setups
Use with a support/resistance script to find confluence zones
Watch for clustered L/S signals — multiple signals in a zone may show strong absorption or distribution
📝 Notes
Signal logic is based on volume exhaustion and price movement divergence
Normalized volume helps compare relative volume across time
“Spike” condition triggers only when volume exceeds 100% of its moving average
🚫 Disclaimer
This script is for educational purposes only. It does not constitute financial advice. Always do your own research and use proper risk management.
LANZ Strategy 5.0 [Backtest]🔷 LANZ Strategy 5.0 — Rule-Based BUY Logic with Time Filter, Session Limits and Auto SL/TP Execution
This is the backtest version of LANZ Strategy 5.0, built as a strategy script to evaluate real performance under fixed intraday conditions. It automatically places BUY and SELL trades based on structured candle confirmation, EMA trend alignment, and session-based filters. The system simulates real-time execution with precise Stop Loss and Take Profit levels.
📌 Built for traders seeking to simulate clean intraday logic with fully automated entries and performance metrics.
🧠 Core Logic & Strategy Conditions
✅ BUY Signal Conditions:
Price is above the EMA200
The last 3 candles are bullish (close > open)
The signal occurs within the defined session window (NY time)
Daily trade limit has not been exceeded
If all are true, a BUY order is executed at market, with SL and TP set immediately.
🔻 SELL Signal Conditions (Optional):
Exactly inverse to BUY (below EMA + 3 bearish candles). Disabled by default.
🕐 Operational Time Filter (New York Time)
You can fully customize your intraday window:
Start Time: e.g., 01:15 NY
End Time: e.g., 16:00 NY
The system evaluates signals only within this range, even across midnight if configured.
🔁 Trade Management System
One trade at a time per signal
Trades include a Stop Loss (SL) and Take Profit (TP) based on pip distance
Trade result is calculated automatically
Each signal is shown with a triangle marker (BUY only, by default)
🧪 Backtest Accuracy
This version uses:
strategy.order() for entries
strategy.exit() for SL and TP
strategy.close_all() at the configured manual closing time
This ensures realistic behavior in the TradingView strategy tester.
⚙️ Flow Summary (Step-by-Step)
On every bar, check:
Is the time within the operational session?
Is the price above the EMA?
Are the last 3 candles bullish?
If conditions met → A BUY trade is opened:
SL = entry – X pips
TP = entry + Y pips
Trade closes:
If SL or TP is hit
Or at the configured manual close time (e.g., 16:00 NY)
📊 Settings Overview
Timeframe: 1-hour (ideal)
SL/TP: Configurable in pips
Max trades/day: User-defined (default = 99 = unlimited)
Manual close: Adjustable by time
Entry type: Market (not limit)
Visuals: Plotshape triangle for BUY entry
👨💻 Credits:
💡 Developed by: LANZ
🧠 Strategy logic & execution: LANZ
✅ Designed for: Clean backtesting, clarity in execution, and intraday logic simulation
Apex Edge - VantageApex Edge – Vantage
Quarter-Wick Reversal System | Price Action Based | Non-Repainting | Visual Confirmation Tool
Overview:
Apex Edge – Vantage is a precision price action indicator built to assist traders in identifying high-probability reversal entries — not based on indicators, but on how candles behave at their extremes.
This tool implements a clean, repeatable framework that reflects how I personally trade:
Spot a candle that closes with strong directional intent,
Then wait for a controlled pullback into the outer quarter,
And strike — only if price respects that line.
There’s no magic here — just raw, tactical logic visualized clearly on your chart. It's not designed to predict the market — it's built to respond when price offers you Vantage.
Core Logic:
Dot Detection – Final Quarter Close Candles
A green dot prints below a bullish candle if it closes within the top 25% of its wick-to-wick range.
A red dot prints above a bearish candle if it closes within the bottom 25% of its range.
These dots signify candles that made a strong, deliberate move in one direction — where price was pushed to an extreme and held that extreme into the close. These candles often signal institutional intent or momentum imbalance.
Entry Confirmation – Controlled Wick Rebalance
On the very next candle only, price must wick into the prior dot candle's outer quarter — but must not pass beyond it.
For buy entries, the wick must enter the bottom 25% of the previous green dot candle, but not dip below it.
For sell entries, the wick must reach into the top 25% of the red dot candle, but not exceed it.
This wick into the quarter is seen as a controlled rebalancing — a tactical reaction back into the origin zone before potential continuation.
Arrow Printing – Visual Entry Signal
Once the entry criteria are confirmed, an arrow is printed after the candle closes.
This arrow continues to print on each new candle as long as price does not violate the original entry zone — giving visual confirmation that the trade thesis is still valid.
If price breaks above/below the quarter range, the arrow disappears.
This ongoing confirmation is useful for staying in trades, managing risk, or spotting failed setups early.
Automatic Stop Loss Level
A horizontal Stop Loss line is drawn from the extreme wick of the original dot candle.
For buy entries, SL is placed below the green dot candle's low.
For sell entries, SL is placed above the red dot candle's high.
This provides immediate risk context — perfect for traders using limit orders or looking to scale in.
Coding Logic:
This script uses plotshape() and plot() functions for all visual elements.
Dot candles are identified using quarter-range logic via:
pinescript
Copy
Edit
close >= high - (high - low) * 0.25 // for bullish
close <= low + (high - low) * 0.25 // for bearish
Entry validation logic triggers only on the next candle, using:
pinescript
Copy
Edit
low >= quarterLine and low <= high // for buy entries
high <= quarterLine and high >= low // for sell entries
Arrows and SL lines are plotted only on closed candles, ensuring non-repainting behavior.
alertcondition() is used for real-time alerts on valid buy/sell triggers.
How I Personally Use It:
I wait for a dot to print — this shows directional conviction.
On the next candle, I watch for a tap into the outer quarter.
If the wick meets the criteria and the candle closes, I’ll execute manually at the close of that candle.
As long as the arrow remains on the chart, I know the setup hasn’t been invalidated.
I combine this with market structure, session timing, and liquidity context to build confluence around each trade.
Alerts Included:
Buy Entry Alert: When a green arrow prints (entry confirmed)
Sell Entry Alert: When a red arrow prints (entry confirmed)
These fire once per confirmed signal, allowing you to react in real-time or automate if desired.
Who This Is For:
Manual traders who want clean price-based entries
Anyone who uses market structure, SMC, or liquidity concepts
Traders looking to replace indicators with pure candle logic
Discretionary or semi-systematic traders who want visual tools to guide their decisions
Final Word
Apex Edge – Vantage doesn’t predict price — it shows you where price is offering you control.
This is a surgical tool designed to help you act only when the market gives you a measurable edge — and to stay in the trade as long as that edge holds.
If you're ready to stop chasing trades and start striking from a position of Vantage, then this tool belongs on your chart.
ICT & Zeussy Macro - Vertical Lines at Specific Times 1.0# ICT & Zeussy Macro - Vertical Lines at Specific Times 1.0
## Description
The **ICT & Zeussy Macro - Vertical Lines at Specific Times 1.0** is a Pine Script indicator designed for TradingView to plot vertical lines at user-defined times within each hour, making it a valuable tool for traders following ICT (Inner Circle Trader) and Zeussy macro strategies. The indicator allows users to mark specific times during the trading day with customizable vertical lines, helping to highlight key market moments such as macro times for analysis or trade planning.
## Key Features
- **Customizable Time Selection**: Choose specific hours (00:00 to 23:00) to display vertical lines using checkboxes in the settings.
- **Flexible Minute Inputs**: Define exact minutes for green and orange lines using comma-separated values (e.g., "45,15" for green lines at :45 and :15, or "50,0,10" for orange lines at :50, :00, :10).
- **Color and Style Customization**: Select colors for green and orange lines, as well as the line style (Solid, Dashed, or Dotted) to suit your chart preferences.
- **Historical and Future Plotting**: Configure the number of past and future days to display lines, allowing for analysis of historical patterns or planning for upcoming sessions.
- **Line Limit Management**: The indicator supports up to 500 lines to comply with TradingView's limits, with a warning label displayed if the maximum is reached.
## How It Works
The indicator plots vertical lines at specified minutes within selected hours for each chosen day:
- **Green Lines**: Drawn at user-defined minutes (default: :45 and :15 past the hour).
- **Orange Lines**: Drawn at user-defined minutes (default: :50, :00, and :10 past the hour).
- Users can enable or disable specific hours via checkboxes, and the lines are plotted for the specified number of past and future days.
- The indicator uses the chart's timezone to ensure accurate placement of lines relative to the market's session times.
## Usage
1. **Add to Chart**: Apply the indicator to your TradingView chart.
2. **Configure Settings**:
- In the "Hour Selection" group, check the boxes for the hours you want to display lines (e.g., 08:00 to 23:00 are enabled by default).
- In the "Green Minutes" and "Orange Minutes" fields, enter comma-separated minute values (e.g., "45,15" for green, "50,0,10" for orange).
- Adjust the "Days in Past" and "Days in Future" to control how many days the lines will cover.
- Customize the "Green Color", "Orange Color", and "Line Style" to match your chart aesthetics.
3. **Monitor Limits**: If you see a "Line limit reached (500 max)" warning, reduce the number of selected hours or days to stay within TradingView's line limit.
## Ideal For
- Traders using ICT or Zeussy macro strategies to identify key times for market analysis.
- Users who need to mark recurring time-based events on their charts.
- Technical analysts looking to visualize specific time intervals across multiple days.
## Notes
- Ensure that the number of selected hours and days does not exceed TradingView's 500-line limit to avoid missing lines.
- The indicator respects the chart's timezone, so verify that your chart's timezone aligns with your trading session.
- For optimal performance, limit the number of past and future days when using multiple hours to avoid hitting the line limit.
This indicator is perfect for traders who rely on precise timing for their strategies, offering a clean and customizable way to visualize critical market moments.
HA-Renko HybridHA-Renko Hybrid – Ultra-Clean Trend Candles
A two-stage “noise shredder” that fuses Renko bricks with Heikin-Ashi smoothing to give you
crystal-clear, colour-coded price swings.
Perfect as a directional filter, a confidence gauge, or even a full stand-alone chart type.
What It Does
Builds Renko bricks (ATR-adaptive, fixed points, or % of price).
Applies Heikin-Ashi maths to the brick series or vice-versa (your choice).
Optional EMA ribbon on the synthetic candles for an extra layer of polish.
Plots hybrid candles directly on your price chart – green for up-trend, red for down-trend.
Emits alerts every time the hybrid flips color.
The result is a chart that ignores tiny back-and-forth ticks and averages out intra-brick wicks, leaving long uninterrupted color runs that highlight genuine trend shifts.
🔧 Inputs & Customization
Group Input Purpose
Renko Settings Renko Base Type – ATR / Traditional / Percentage
ATR Length & Multiplier
Traditional Box Size (points)
Percentage Box Size (%) Choose how the brick size is calculated.
Transformation Order Apply Heikin Ashi – After Renko / Before Renko Pick whether HA smooths the bricks or bricks are built from HA data.
Smoothing Extra Smoothing – None / EMA
Smoothing Length Add a fast EMA to the hybrid opens & closes.
Typical Use-Cases
Directional filter – Trade only long when bricks are green, short when red.
Entry / exit trigger – Enter on first green after a red run; exit on first opposite flip.
Pyramiding helper – Add positions on pull-backs while the hybrid color stays unchanged.
Psychology aid – Stay in trends longer by ignoring every micro-wiggle.
Best-Practice Tips
Tune brick size so a normal swing equals 6–10 bricks on your timeframe.
For scalping, keep Order = After Renko and Extra Smoothing = None for the snappiest flips.
For swing trading, try Before Renko + EMA(3-5) to focus on major legs.
Forward-test in a demo account; synthetic bricks can’t replicate live slippage.
⚠️ Disclaimer
This indicator is educational. It does not guarantee profits and should be used alongside solid risk management and personal judgement. Always back-test before deploying real capital.
Enjoy the clarity!
If you discover tweaks, optimizations, or killer workflows, drop a comment and let the community know.
Trading session High/Low (Lumiere)Trading session High/Low
What it does:
Plots the High and Low for each session (Asia, London, New York) as horizontal zones that “snap” to the first true extreme of the session and then extend right.
Key points:
Snap‑to‑extreme only: Lines don’t draw at the open; they appear only once price makes a new session high or low, and anchor exactly at that bar.
Persistent until next session: Once drawn, each session’s lines stay on the chart after the session ends, and are cleared only when that same session next opens (or when you hide it).
Three configurable sessions:
Asia: 18:00–03:00 (UTC‑4)
London: 03:00–09:30 (UTC‑4)
New York: 09:30–16:00 (UTC‑4)
Customizable appearance:
You can toggle each session on/off, choose its color, and set line width.
The time that is already set on the different sessions is based on the standard session open/close. If you want to change it, it will refer to the NY time, UTC -4.
MTF MinichartsHello friends,
I'm excited to share another unique tool with you — the MTF Minicharts indicator. This script lets you display multiple mini candlestick charts directly on your main chart, using data from different tickers and timeframes at the same time. It's designed to give you a clear multi-timeframe, multi-asset perspective — all in one place.
There are no complicated setups: just select your tickers, pick your timeframes, and the minicharts are ready to go. You can even apply one timeframe to all tickers with a single switch — making your workflow simple and efficient.
🛠️ How It Works
The script pulls price data for up to six different tickers and timeframes and displays them as compact candle charts inside your main chart window. You can choose to set each minichart's timeframe individually, or apply one timeframe to all tickers instantly. Fully customizable layout options let you arrange your minicharts in flexible grids — from 1×1 up to 3×2 and beyond. A total of 13 grid layouts are available, so you can adapt the view exactly to your screen and style. Each minichart can display 2 to 21 candles , giving you just the right balance between detail and space. Candlestick styling, spacing, last price lines, and ticker labels are all adjustable, so you can fine-tune your view to your exact needs.
🔥 Key Features
Pine Script v6 — Uses the latest version for maximum performance
Multi-Timeframe, Multi-Ticker — Combine up to six charts, mixing tickers and timeframes as you wish
Single-Timeframe Mode — Apply one timeframe to all tickers with a single click
13 Grid Layouts — Choose from multiple layout options for clean positioning on your main chart
Custom Candles per Chart — Display anywhere from 2 to 21 candles in each minichart
Overlay or Subpanel Mode — Choose whether your minicharts overlay the price or sit in a subpanel
Custom Candles Styling — Adjust body width, wick width, and colors to match your style
Last Price Lines — Optional last price marker for each minichart, with style and width controls
Clear Ticker Labels — Show performance metrics in various formats
Optimized Performance — Efficient rendering for smooth operation, even with multiple charts
Universal Compatibility — Works flawlessly across all assets, timeframes, and market conditions
📸 Visual Examples
Subpanel mode with 1x6 layout
Combination of two instances gives you a mini screener
If you'd like access or have any questions, feel free to reach out to me directly via DM.
👋 Good luck and happy trading!
FVGFVG indicator
A Fair Value Gap is when the price moved very fast without looking back in the short term. Usually this is an indication of smart money plays.
### Basics FVGs ###
Fair value gaps are determined with 3 candlesticks
When bullish this is the difference from the cs1 high to the cs3 low, = BISI.
When bearish this is the difference from the cs1 low to the cs3 high, = SIBI.
By default it shows SIBI and BISI FVGs those just follow the 2 simplest rules above.
Default colour = blue as this is neutral.
Those FVG drawings should be used to calibrate the following 3 special FVGs.
### Special FVGs ###
Than there are 3 more conditions to define FVG's in more detail
1. Expansion / Breakout FVG
This is when the body of cs3 is more than % of cs2
Default colour = yellow as this is not positive.
2. Rejection / Rejected FVG
This is when the FVG created from cs1 and cs2 is filled for more than % by the move of cs3 (by the wicks).
Default colour = yellow as this is not positive.
3. True FVG
This is when the cs3 after a FVG (that is not expansion or rejection) has a very small body vs wicks. So if the body is smaller than % of the whole cs3. Additionally the cs3 body has to close above cs2 high when BISI and cs3 body has to close below cs2 low when SIBI.
Default colour = green as this is positive.
### Visuals ###
You can change the colouring of all the FVGs.
You can change which FVGs you want to see.
### Technical Calibration ###
The % of the move of cs3 back into the FVG of cs1 & cs2 to determine if a FVG is an expansion.
Thee % of the body of cs3 compared to cs2 to determine if a FVG is a rejection.
Body % of cs3 that complements to determine if a FVG is a true FVG.
### How to use ####
This is not providing any trades on itself it is rather a complement for people that are trading with fair value gaps to quantify their approach in the framework described above.
The indicator can be used on all timeframes and tickers. It is advised to approach any FVG strategy by searching confluence on multiple timeframes.
Hybrid candles by Marian BDescription
-------------
This script it does a very simple thing: it will color the candles according to the HeikenAshi rules.
It will keep the regular candle shape, but with the HeikenAshi colors. Some traders find it useful, especially those using the ATS methodology.
Originality
-------------
This script is not at all orginal and it will not make you win trades. There are a few others out there, but I could not find a public one that also colors the wicks; most of them just handle the color of the candle body.
Chart
-------
See a sample screenshot how it will look like.
ICT Kill Zone & SNR Tool## Features
- **Auto-Draws Key Price Lines:**\
Plots the close price line for both the current timeframe and a higher timeframe (HTF) of your choice. The HTF close line helps you identify major support/resistance (SNR) areas from higher timeframe structure. All lines are managed automatically to keep the chart clear.
- **Kill Zone Session Markers:**\
Automatically highlights four key Kill Zone trading sessions (London, New York, London Close, Asia) according to ICT concepts. Kill Zone time windows are adjusted for your chart's timezone, with colored horizontal lines and center labels. If any major economic event overlaps with a Kill Zone, a 🔥 icon will be added to its label.
- **Real-Time Economic Calendar Integration:**\
Integrates TradingView's EconomicCalendar library to display major macroeconomic events (FOMC, CPI, PPI, NFP, etc.) directly on your chart. Events are matched to each bar in real time and checked for overlap with Kill Zone periods.
## How to Use
1. **Enable/Disable Elements:**\
Use the settings panel to turn on/off the close price lines for the current and higher timeframe, and adjust color/width as needed.
2. **Select HTF (Higher Timeframe):**\
Choose the desired higher timeframe (such as 1H, 4H, D). The HTF close line updates only when its value changes.
3. **Configure Kill Zones:**
- Toggle Kill Zone markers and select line style (solid, dashed, dotted).
- Set custom names for each session if needed.
- All time calculations are auto-adjusted for your chart's timezone.
4. **Economic Events:**
- Select which event types (FOMC, CPI, NFP, etc.) you want to show.
- When a Kill Zone period contains an economic event, a 🔥 icon is shown in the label for extra caution.
- Hidden event icons are also plotted on bars for backtesting reference.
5. **Chart Clarity:**\
The script automatically limits the number of lines/labels plotted to keep the chart clear and readable.
## How it Works
- **Close Line Drawing:**\
Draws a line from the previous close to the current close for each bar; HTF line only updates when the HTF close changes.
- **Kill Zone Detection:**\
Converts NY Kill Zone session times to your local timezone. For each session, detects entry/exit, draws a colored horizontal line and a centered label.
- **Economic Event Overlay:**\
Checks all selected economic events and overlays a 🔥 to session labels if they overlap; optionally plots an icon on the event bar.
## Disclaimer
This script is provided **for educational and research purposes only** and does **not constitute financial advice**. Trading involves substantial risk; the author accepts no liability for any financial loss.
Candle Size TableLast 3 Candle Stats – High, Low, Volume & Size
Description:
This intraday trading tool displays the High, Low, Volume, and Size (range) of the last 3 candles on your chart, providing a quick and clear reference for short-term momentum, volatility, and potential trade decisions.
Designed for scalpers and day traders, this indicator helps you:
Gauge momentum shifts by tracking how candle size and volume evolve.
Identify exhaustion or continuation patterns by comparing recent candle ranges.
Define entries and exits with more precision based on real-time market activity.
The candle size is calculated as the absolute difference between the high and low of each candle, making it easy to spot expanding or contracting price action.
Use this as a complementary tool with your price action strategy to enhance timing and confidence in fast-moving markets.
Body Engulfing Detector🔶 Body Engulfing Detector
This simple but effective indicator identifies candlestick patterns where the entire body of the current candle engulfs the body of the previous one — a classic signal of a potential reversal or momentum continuation.
🔍 What It Does:
Detects when the body (open-close range) of the current candle completely covers the body of the previous candle.
Triggers a visual signal on the chart once the candle is closed, avoiding premature alerts.
Includes a generic alert you can enable from the TradingView alert system, so you’ll be notified as soon as a body engulfing pattern occurs.
📈 Use Case:
This pattern can be interpreted as a shift in market sentiment and may signal a possible entry point depending on the context:
Use it as part of your price action strategy.
Combine it with trend analysis, volume, or other confirmation tools.
⚠️ This indicator focuses only on body engulfing and does not require the candle to be bullish or bearish specifically. If you'd like a version that distinguishes between bullish and bearish engulfing, feel free to request it.
ICT Time CaptureICT 8am High/Low + 9am Capture (NY Time) — Fixed 1H
This indicator marks the High and Low of the 8am candle on the 1-hour timeframe fixed to New York time (America/New_York timezone). It also draws a line for the 9am candle open and indicates if the 9am candle “captured” (broke above or below) the 8am High or Low.
Key Features:
Always uses 1-hour data fixed on New York timezone, regardless of the chart’s current timeframe.
Draws horizontal lines for the 8am High and Low, with configurable colors, styles (solid/dashed), thickness, and extension length.
Draws a horizontal line for the 9am open price with customizable style.
Shows labels with price values explaining the lines.
Shows a capture label when the 9am candle breaks above the 8am high or below the 8am low.
Allows full customization of label text colors, line colors, line styles, thickness, and label distances from line start.
How to use:
Use this indicator to monitor key ICT timeframes (8am and 9am NY time) for intraday price action clues.
The capture labels help identify when price breaks key levels from the 8am candle during the 9am candle.
The configurable style options let you customize the indicator to your chart style.
Linton Price Targets(R)Linton Price Targets
A groundbreaking new way of projecting price targets and when they will be met in the future.
Point and figure charts have largely fallen out of favour in recent decades with the birth of personal computing and electronic data services. Few software systems calculate them correctly, and the technique is seen as outdated and difficult for the newcomer to technical analysis to understand. Linton Price Targets takes the point and figure methodology for producing vertical count targets and applies them to time-based charts that are much more widely used for technical analysis.
To place Point and figure price targets on a time-based chart, we first need to relate the conditions that produce the vertical count targets. Vertical Targets are only generated with uninterrupted moves off a high or a low point in prices. A pullback of at least 3 boxes locks the thrust column and therefore the price target. A move of at least one box above (in the case of an upside target off a low) or one box below (downside off a high) ‘activates’ the price target. Here the buyers and sellers respectively are confirmed. Conversely a move below the base of an upside target column, or above the top of a downside column ‘negates’ the vertical target. In this case, the buyers and sellers have been superseded by subsequent events.
Projecting Price
The price projection following the point and figure 3-Box method is relatively straightforward. The standard projection used is twice the original move from the top of the initial thrust level. This derives from the 3-Box construction devised by Cohen, whereby the initial thrust count is a third of the overall price count projection. But there is no reason to limit the Target Price Factor to the value to 2. A value of 1 could be used in the case of consolidation patten where the move out of the pattern is roughly equivalent to the move into the pattern. A value of 1.618 could be used for Fibonacci Retracements or Extensions or a value of 2 x log, can be used to deal with increasing box (unit) sizes as price changes.
Projecting Time
Projecting a potential price target with is relatively straight forward. Determining a time in the future when such a price target will be met is more of a challenge. This has been seen as one of the major drawbacks of point and figure charts for decades. Because there is no time axis on a Point and figure chart, there is no saying when a count projection target will be met.
For the Time to Target, we need to consider potential methodologies such as:
1. Price to Time Ratio – t units of price for every x units of time – ie $1 every 2 days
2. Thrust Angle Factor – a factor x the initial trust angle for the target angle
3. Time to Activation Factor – time to target is x the time taken for a target to activate
4. Follow the Price – track prices as the progress to target and adjust time to target accordingly
5. Historical Average Slope – historical average price time average for last n targets
Considering the Price to Time Ratio method, Chart 1 below shows a chart of the price targets for the US stock Applied Materials with a Unit size of $1. The targets are projected Log Scale 2x the initial thrust. From this chart we see that the target prices are reached later than the projection predicted. This means that we need to consider a lesser slope. Chart 2 below shows the same chart with the slope now adjusted to $1 every three days. This chart shows that recent targets for Applied Materials have been approximately met with this slope. Therefore, this is a better slope to use in this instance.
Chart 1 - Applied Materials (unit size $1) - target projection slope $1 every 2 days
Chart 2 - Applied Materials (unit size $1) - target projection slope $1 every 3 days
Chart 3 - Applied Materials (unit size $1) - target projection slope 1/2 initial thrust slope
The second method of projecting price targets assumes the time that a price target will be reached is directly related to the speed of the initial thrust, which generates the target. Chart 3 shows the same security as in the previous examples but using this method with an angle of slope which is half the initial thrust angle. The factor can also be altered with this method to best fit the data. In the previous examples (Charts 1 & 2) we see the slope of each of the targets is constant. Using the Thrust Angle Factor method, different buying and selling thrust angles produces different target slopes.
A third possible projection method assumes that the longer a price target takes to activate, the longer it takes for a target to be reached. The argument goes that the pullback from the initial thrust is more of a consolidation phase rather than a sharp reaction and therefore, the potential overall move will take longer. Chart 4 shows this method. Again, we see that, due to the varying times of price targets to activate, the slopes of the targets are not uniform as in Method 1 which uses a consistent price to time slope.
Chart 4: Applied Materials (unit size $1) – target projection x times the time taken for target to activate.
Chart 5: Applied Materials (unit size $1) – target projection readjusts with new price information
A fourth method for predicting when in the future that a price target might be met adjusts the slope of the targets from the activation point as new price information arrives. With multiple targets activated at different points on the chart, this method also produces price targets of different slopes. Because targets are readjusted with every new price, it is best to set this method to ignore the last x bars in order to spot any divergence from the targets. Chart 5 shows this methodology.
Chart 6 shows a method where the average slope of price over time is taken for the previous n targets that are achieved and used as the slope for projecting targets into the future. While the slopes for upward and downward targets can be separately adjusted with the previous methods mentioned, this method automatically calculates the different slope speeds of upside and downside targets.
Chart 6: Applied Materials (unit size $1) – target projection based on the average slope of the last x targets.
Multiple Price Targets
As with Point and figure count targets, multiple price targets point to the same price or price level increases the likelihood of price targets being met. This is known as ‘clustering’. Now with the ability to project price targets to a future date on a chart, it is not only possible to see clustering of the price of multiple targets, but also clustering of times targets may be met. This can lead to a ‘cluster zone’, an area of price and time in the future that multiple targets may be met. Chart 7 shows an example of this.
Chart 7: Applied Materials (unit size $1) – target zone of future price and time of multiple targets
Achievement and Non-Achievement of Price Targets and Prevailing Trend
Point and figure targets are approximate and are more often than not, not met precisely. They are regularly not achieved or exceeded, but this provides valuable information in itself. Upside price targets that are achieved or exceeded shows bullish confirmation, whereas these targets not being achieved indicates a degree of bearishness. Conversely, downside price targets achieved or exceeded is bearish confirmation and such targets not achieved is an indication of inherent bullishness.
Unsurprisingly, price targets are normally achieved or exceeded in line with the prevailing trend. Upside price targets should be given more weight in uptrends, while downside ones may only serve as a temporary moment for caution, because they are counter-trend. Downside Targets will carry more weight in downtrends. It is also often the case that the last target in line with the prevailing trend is never met as the trend changes and a new set of targets in the opposite direction are generated with the new reversal of trend. Active price targets in both directions are often an early sign of this. This is particularly true with multiple targets in the new trend direction verses one lone target in the previous trend direction. This lone target is likely to be negated, clearly signalling the new trend direction is taking hold.
Activation and Negation of Price Targets
An upside price target is only activated when prices rise a further than a full price unit above the top of the initial uninterrupted buying thrust in prices from a low. A low is defined by a price level at least one full price unit below a previous recent low. The pullback downwards of at least three price units ‘locks’ the initial thrust that generates the upside price target. Here the bulls buying from the bottom have been confirmed.
A downside price target is only activated when prices fall further than a full price unit below the bottom of the initial uninterrupted selling thrust in prices from a high. A high is defined by a price level at least one full price unit above a previous recent high. The pullback upwards of at least three price units ‘locks’ the initial thrust that generates the downside price target. Here the bears selling from the top have been confirmed.
A target is valid once the column is locked with the pullback of at least three units, but it should not be considered as active until the price breaks through the activation level. An unactivated target serves as advance notice that a target is in place and will become active once the activation price level is broken.
An upside price target is negated if prices fall below the bottom of the initial uninterrupted buying thrust in prices. In this instance the bulls have been beaten by the bears. Conversely, a downside price target is negated if prices rise above the top of the initial uninterrupted Selling thrust in prices. Here the bears selling from the top have been beaten by the bulls.
It is important to note the difference between a target that is activated first and then negated and a target that was never activated and negated first. Research shows that normally more than half of all negated targets were never activated and wouldn’t have been taken. Taking the prevailing trend into account further reduces the number of negated targets that would have been taken at the activation point.
Evaluating a Target as Price Progress
Because Linton Price targets can be evaluated with subsequent new price information with the passage of time, it becomes possible to see more easily, than on a point and figure chart, when a target might be failing. The ideas of activation, negation, and achievement of price targets are understood in point and figure charting and apply similarly here to time-based charts. But the ability to now see prices diverging from the target path presents us with some potential new states of a target. In the case of an upside target, if prices fall away or wander sideways from a target path this alerts us to the fact that the prices on their way to the target may be ‘exhausting’. If we fall or wander back below the target activation level, this implies the previous resistance level off the thrust high has not managed to become a new support level for the price. Consequently, we may consider that the target has been ‘de-activated’. If we fall further below the low of the pullback low point, this previous support level also failed to hold and this is providing us with an early warning that the target is quite possibly ‘failing.’ If prices are moving towards the target as expected, we can say the target is ‘in train.’ This is particularly appropriate for multiple targets that run parallel using the first price/time slope prediction method where the targets look like ‘train tracks.’
Improbable Targets
Occasionally an improbable target a long way from the price will be generated. This is particularly true using a log scale projection. Beware of a target that points to a very large change in price. This is especially true of a lone target. It is also quite likely that the unit size has been set too small where a bigger unit size may not produce a target at all.
Longer term charts
Point and figure charts have always meant to be constructed with tick data. The point and figure methodology reduces this down to just the ticks that create a new box on the chart. Long tick data price histories are typically expensive and hard to come by. This can also be an overwhelming amount data to store and analyse, particularly in the case of very liquid instruments such as a major currency pair. For intraday charts, one minute data will normally suffice. But these histories may not be long enough either and it may be necessary to use a 60-minute chart.
It is also possible to construct point and figure charts using high/low data or even open-high-low-close data making some assumptions based on a rising or falling candle, on which came first, the high or the low. The targets will be impacted accordingly.
When it comes to longer term charts such as weekly or monthly charts it is unlikely that these time frames would be used for point and figure charts. The construction method already filters the data. But when it comes to long-term time based charts it becomes necessary to look at weekly or monthly data.
You will also see that long term price upside targets are generated that are not on the daily chart. This is because daily the movements will not provide the same uninterrupted buying thrusts as with the monthly data. The daily pullbacks are effectively ignored when using monthly data. The other advantage is the unit size is now months so we can say that the target slope equates to 1% of price every month for a 1 to 1 slope for example. Using weekly or monthly data to construct the price targets is a significant departure from the traditional point and figure charting method.
Time-Based Charts Are Easier to Understand Than Point and Figure Charts
In recent years, the vast majority of people carrying out technical analysis of charts do not use the point and figure charts. This is partly because very few software systems draw them correctly and do not calculate the price targets. Newcomers to technical analysis find point and figure charts hard to understand.
Combining With Other Techniques
Using point and figure charts has also often meant the need to switch between different chart types for the same instrument. Time-based charts allow for a vast set of technical analysis time-series based techniques to be married with Linton Price Targets. Having different sets of analysis on the same chart can increase the power of the analysis without having to swap between different chart types.
Linton Price Targets builds on the technical analysis body of knowledge developed over the past 100 years by bringing an old, largely lost, technique into the modern age.
The main advantages of Linton Price Targets are:
• The ability to have price targets on time-based charts.
• It is now possible to ascertain when in the future a price target may be met.
• With the passage of time, it becomes clearer if a target track is being followed.
• The targets can be applied to longer-term time-based charts.
• Time-series based analysis techniques can be used on the same chart as the targets.
• The targets are much easier to understand for the newcomer to technical analysis.
