Recent Swing High/Low Linesit gives the recent swing highs and lows.
for options buyers, they can simply enter on a trade when an opposite option (at the money) goes below the recent swing low.
Candlestick analysis
Robbin hoodsomething good, this is ewrfiwevdcbdkjsdbvkj vasfdkjvsdvkjae dk;v asd vk;jsbdvkaeskv jkjsD v.kj awerekrv
Exponential-Decay Cumulative Spread (Cycle-Tuned)## Indicator Overview
**Exponential-Decay Cumulative Spread (Cycle-Tuned)** – short title **LambdaCumDelta** – tracks the percentage spread between CEXs BTC spot prices.
By clipping outliers, applying an exponential-decay running sum, and comparing that sum to rolling percentile bands, the script flags potential **cycle bottoms** and **cycle tops** whenever the cumulative spread stays beyond extreme thresholds for three consecutive bars.
---
### Core Logic
1. **Price Spread**
`spread_pct = (cexA – cexB) / cexB × 100`.
2. **Outlier Suppression**
* Calculates the **90-day standard deviation σ** of `spread_pct`.
* Uses a **clip coefficient `k_clip`** (0.5–5.0) to cap the spread at `±k_clip × σ`, damping single-day anomalies.
3. **Exponential-Decay Sum**
* Applies a decay factor **λ** (0.50–0.999):
```
CumΔₜ = spread_clipₜ + λ × CumΔₜ₋₁
```
* Larger λ → longer memory half-life.
4. **Rolling Percentile Bands**
* Uses a **365-bar window** to derive dynamic percentile thresholds.
* Upper / Lower bands are set by **perc\_hi** and **perc\_lo** (e.g., 85 % and 15 %).
5. **Signal Definition**
* **Bullish** (cycle bottom): `CumΔ` above the upper band for **3 straight bars**.
* **Bearish** (cycle top): `CumΔ` below the lower band for **3 straight bars**.
---
### Chart Elements
| Plot | Style | Meaning |
| --------------- | ----------------- | ----------------------------------- |
| **CumΔ** | Teal thick line | Exponential-decay cumulative spread |
| Upper Threshold | Green thin line | Rolling upper percentile |
| Lower Threshold | Red thin line | Rolling lower percentile |
| Background | Faded green / red | Bullish / bearish signal zone |
---
### Key Inputs
| Input | Default | Purpose |
| -------------------- | ------- | ------------------------------- |
| **Decay factor λ** | 0.95 | Memory length of CumΔ |
| **Clip coefficient** | 2.0 | Multiple of σ for outlier cap |
| **Upper percentile** | 85 | Cycle-bottom trigger percentile |
| **Lower percentile** | 15 | Cycle-top trigger percentile |
---
### Practical Tips
1. **Timing bias**
* Green background often precedes mean-reversion of the spread – consider scaling into longs or covering shorts.
* Red background suggests stretched positive spread – consider trimming longs or lightening exposure.
2. **Combine with volume, trend filters (MA, MACD, etc.)** to weed out false extremes.
3. Designed for **daily charts**; ensure both exchange feeds are synchronized.
---
### Alerts
Two built-in `alertcondition`s fire when bullish or bearish criteria are met, enabling push / email / webhook notifications.
---
### Disclaimer
This script is for educational and research purposes only and is **not** financial advice. Test thoroughly and trade at your own risk.
Momentum Candle V2 by Sekolah Trading📌 Momentum Candle V2 by Sekolah Trading – Pair-Based Volatility & Wick Ratio Filter
This script provides a structured and adaptive approach to detecting high-probability momentum candles in intraday markets. It dynamically adjusts pip thresholds and wick filtering conditions based on the selected symbol and timeframe, making it highly practical for real-time trading.
🔍 Concept and Originality
Momentum Candle V2 by Sekolah Trading implements a custom-built methodology combining:
Dynamic Pip Calibration
For each supported instrument (e.g., XAUUSD, USDJPY, GBPUSD, AUDUSD, EURUSD, BTCUSD), the user can define a pip threshold that determines the minimum valid body size for momentum candles. These thresholds are tailored for each pair and timeframe (M5, M15, H1), ensuring the logic adjusts to different volatility profiles.
Wick-to-Body Ratio Filtering
The script filters out candles with large wicks by requiring that total wick length (upper + lower) be no more than 30% of the full candle range. This helps identify decisive candles with minimal rejection.
Directional Validation
Bullish momentum is defined as: Close > Open with a shorter upper wick.
Bearish momentum is: Close < Open with a shorter lower wick.
Real-Time Timing Filter
Alerts are only triggered when the current candle is between 20 and 90 seconds from closing, which reduces noise and encourages confirmation-based entry.
Non-Repainting Logic
All calculations run in real-time with confirmed candles only — no lookahead or future leak.
📊 Visual Output – How to Read the Chart
When the conditions above are met, the script displays triangle markers on the chart:
🔺 Red downward triangle above the candle: valid bearish momentum signal
🔻 Blue upward triangle below the candle: valid bullish momentum signal
These shapes appear on live bars during the final moments of the candle to alert traders to potential confirmed momentum.
🔔 Alert Conditions
Two alert types are provided:
Momentum Bullish: Large bullish candle with small upper wick, during last 20–90s of bar
Momentum Bearish: Large bearish candle with small lower wick, same timing window
Alerts are designed for precision entries at candle close.
🧭 How to Use
Apply the script to a 5m, 15m, or 1h chart.
Configure pip thresholds for your preferred pairs from the input settings.
Watch for triangle markers near the close of each candle:
Blue = potential bullish momentum
Red = potential bearish momentum
Set alerts:
Go to Alerts → Select Momentum Bullish or Momentum Bearish
Frequency: Once Per Bar
Customize message: e.g. “Momentum Bullish on XAUUSD M15”
Combine signals with:
EMA, S/R, or trend filters
Volume/Order Flow
Liquidity zone or breakout context
🛡️ Why This Script Is Closed-Source
This script uses proprietary logic developed by Sekolah Trading, including:
Custom pip calibration engine
Adaptive wick filtering
Real-time entry validation with triangle plots
While the code is protected, the methodology has been explained transparently here in accordance with TradingView publishing rules.
⚠️ Disclaimer
This script is provided for educational and technical analysis purposes only.
It does not guarantee results or provide financial advice. Always verify trades with your own strategy and risk controls.
Author: Sekolah Trading
Version: Momentum Candle V2
Built with Pine Script v6
Tnup Zones 2025This indicator marks zones where price has a high probability of rejection/bouncing off of
Profitable Loser Model [MMT]Profitable Loser Model
Overview
The Profitable Loser Model is a powerful PineScript v6 indicator designed to enhance your trading by visualizing key price levels, session open zones, Fibonacci retracements, and premium/discount zones. This overlay indicator provides traders with a customizable toolkit to analyze market structure across any timeframe, making it ideal for intraday and swing trading strategies.
Features
Open Zone Visualization
- Plots a box based on the open and close of the first candle in a user-defined timeframe (default: 5-minute).
- Customizable box color, projection offset, and label size (Tiny, Small, Normal, Large).
- Displays a timeframe label (e.g., "5m Open Zone") for quick reference, toggleable on/off.
Session Open Lines
- Optionally draws horizontal lines at key session opens (8:30 AM, 9:30 AM, 1:30 PM, Midnight, New York time).
- Customize line color, style (Solid, Dashed, Dotted), width, and label size for each session.
- Perfect for identifying critical intraday price levels.
Premium and Discount Zones
- Highlights premium (above midpoint) and discount (below midpoint) zones based on session high/low.
- Toggleable with customizable colors and projection offsets.
- Helps traders spot overbought/oversold areas for potential mean-reversion trades.
Fibonacci Retracement Levels
- Plots user-defined Fibonacci levels (default: 0.23, 0.35, 0.5, 0.62, 0.705, 0.79, 0.886, 1, 1.1).
- Customizable line style, width, color, and labels (showing percentage and/or price).
- Dynamically adjusts based on price movement relative to the open zone.
Take Profit (TP) and Stop Loss (SL) Levels
- Highlights TP (default: 0.23) and SL (default: 1.1) Fibonacci levels with distinct colors.
- Fully customizable to align with your risk-reward strategy.
How It Works
- Session Detection : Resets daily (or per user-defined timeframe) to capture the first candle's open, high, low, and close.
- Open Zone : Draws a box between the open and close, extended forward by the projection offset.
- Session Lines : Plots lines at specified session opens with customizable styles and labels.
- Fibonacci Retracement : Adjusts levels dynamically based on session high/low and price action.
- Premium/Discount Zones : Calculated from the session range midpoint, updated in real-time.
Settings
- Open Zone :
- Timeframe (default: 5m), Calculate Timeframe (default: Daily).
- Toggle label, adjust size, box color, and projection offset.
- Session Open Lines :
- Enable/disable lines for 8:30 AM, 9:30 AM, 1:30 PM, Midnight.
- Customize color, style, width, label size, and vertical offset.
- Premium/Discount Zones :
- Toggle visibility, set colors, and adjust projection offset.
- Fibonacci Retracement :
- Toggle visibility, set custom levels, line style, width, color, and label options.
- Adjust projection offset.
- TP/SL :
- Set TP/SL Fibonacci levels and colors.
Use Cases
- Intraday Trading : Use session open lines and open zones to trade key market hours.
- Swing Trading : Leverage Fibonacci levels for potential reversal or continuation zones.
- Risk Management : Set precise TP/SL levels based on Fibonacci retracements.
- Market Structure : Identify overbought/oversold zones with premium/discount areas.
Notes
- Optimized with `dynamic_requests = true` for efficient real-time data handling.
- Visual elements (boxes, lines, labels) are cleaned up at the start of each new session.
- Session lines use New York time (`America/New_York`) for alignment with major markets.
Wick x2 Body + 2-Candle Trend [Gold Futures]This indicator highlights potential reversal candles on Gold Futures using a combination of wick/body ratio and trend confirmation.
🔍 Logic:
Highlights a candle yellow when:
The wick is at least 2x the size of the body
The total candle size is ≥ 50 ticks (5 points)
The previous 2 candles are in the same direction (bullish or bearish) as the wick candle
📈 Interpretation:
Bullish Signal = Long lower wick on a green candle, following 2 bullish candles
Bearish Signal = Long upper wick on a red candle, following 2 bearish candles
Use this to spot overextended moves that may be due for a reversal — especially around key zones or session opens.
Relative Volume Candle Shaderthis indicator is based on the work of M0rty's "candle color by volume z-score"
I've taken M0rty's indicator a few steps further to yield a wider range of outputs, showing both extreme high and extreme lows of volume in 2 gradients.
the brightness of the candle is based on the z-score. brighter candles have unusually high volume, and dimmer candles have unusually low volume.
First 15 Min H/L Breakout Signal V3 - Session Aware (Adaptive)this script checks the breakout on 1min time frame as compared to previous breakouts happened on 15min and 5min.
Support and Resistance Levels with BreaksThis indicator identifies dynamic support and resistance levels using pivot point analysis and provides clear trading signals when these levels are broken with volume confirmation. Enhanced version with improved signal clarity for better trading decisions.
## 🔧 Key Features
### Support & Resistance Detection
- Automatically identifies key pivot high and low levels
- Draws clear visual lines (red for resistance, blue for support)
- Configurable sensitivity with left/right bar settings
### Enhanced Trading Signals
- **BUY** signals when resistance is broken with volume confirmation
- **SELL** signals when support is broken with volume confirmation
- **Bull Wick** alerts for potential reversals at resistance
- **Bear Wick** alerts for potential reversals at support
### Volume Confirmation
- Built-in volume oscillator using 5 and 10-period EMAs
- Filters out low-volume false breakouts
- Adjustable volume threshold (default: 20%)
### Complete Alert System
- Support Broken alerts
- Resistance Broken alerts
- Bull Wick reversal alerts
- Bear Wick reversal alerts
## ⚙️ Settings
- **Show Breaks**: Toggle signal display
- **Left Bars**: Pivot detection lookback (default: 15)
- **Right Bars**: Pivot detection lookforward (default: 15)
- **Volume Threshold**: Minimum volume increase for valid signals (default: 20%)
## 📈 Best For
- Swing trading strategies
- Breakout confirmation
- Support/resistance trading
- Volume-based entry signals
## 🔍 How It Works
1. Identifies pivot highs/lows using configurable periods
2. Calculates volume oscillator for confirmation
3. Generates BUY signals on resistance breaks with volume
4. Generates SELL signals on support breaks with volume
5. Detects wick patterns for potential reversals
## 📋 Updates in This Version
- Enhanced BUY/SELL signal clarity (replaced generic "B" labels)
- Added Bull Wick and Bear Wick alert conditions
- Updated to Pine Script v6 compatibility
- Improved signal filtering and accuracy
## ⚠️ Disclaimer
This indicator is for educational and informational purposes only. Always conduct your own analysis and risk management before making trading decisions. Past performance does not guarantee future results.
---
**Original Script**: "Support and Resistance Levels with Breaks" by LuxAlgo
**License**: CC BY-NC-SA 4.0
**Enhanced by**: profitgang
**Version**: Pine Script v6
Daily Price Change (%)Description:
This script displays the percentage change of the last N candles either above each bar or along a shared horizontal line.
You can choose between two calculation methods:
Close vs Previous Close
Open vs Close
Labels are fully customizable:
Adjustable text size
Custom background color
Number of candles to display
Fixed 10% spacing above candles (prevents overlap)
Ideal for visualizing short-term momentum and price action in a clean, non-intrusive format.
Examples:
Disclaimer:
This script is provided for informational and educational purposes only.
The author assumes no liability for any financial losses, software errors, or misinterpretations.
Always do your own research and use trading tools at your own risk.
Essa - Market Structure DetectorA comprehensive tool for identifying real-time market structure patterns using pivot analysis, adaptive volatility filtering, and multi-timeframe confluence. This script highlights higher highs (HH), higher lows (HL), lower highs (LH), and lower lows (LL), while offering intelligent confirmations and optional visual aids.
Key Features:
Dynamic detection of HH, HL, LH, LL based on pivot structures
Adaptive sensitivity using ATR-based volatility filters
Confirmation logic based on breakout alignment
Optional ZigZag line rendering between key pivots
Customisable labels with confluence indicators
Multi-timeframe pattern scanning with auto-scaling timeframes
Info panel showing current pattern, trend bias, mode, and structure across 5 higher timeframes
Built-in alerts for structure shifts and high-confluence setups
This tool is ideal for traders who rely on structure-based entries, multi-timeframe confluence, and precision pattern recognition to anticipate trend reversals or continuations with high confidence.
Essa - Enhanced Fibonacci Confluence ToolkitA precision-engineered trading tool designed to identify high-probability reversal zones using price action alone. This version expands on traditional Fibonacci confluence techniques by integrating a multi-tiered market structure framework and advanced state management.
Key Features:
Fully automated CHoCH (Change of Character) detection
Tiered market structure logic (Short, Intermediate, Long-Term)
Dynamic Area of Interest (AOI) zone rendering
Automatic Fibonacci retracement plotting from swing highs/lows
Customisable Fibonacci levels (0% to 100%, including 23.6%, 61.8%, 65%, 78.6%)
Real-time Fibonacci invalidation logic with on-chart alerts
Bullish and bearish engulfing candle detection with structure-based filtering
Configurable swing labels (◉, △▽, H/L) with size control
Adjustable CHoCH line styles and widths
Optional display of Fibonacci level labels
Modular and efficient codebase with object-oriented architecture
Originally inspired by the LuxAlgo Fibonacci Confluence Toolkit (v5). Credit to LuxAlgo for the foundational concept.
Recent Pullback Percentage//@version=5
indicator("Recent Pullback Percentage", shorttitle="Pullback %", format=format.percent)
// 定義回顧期間
lookbackPeriod = input.int(60, title="Lookback Period")
// 找到近期最高價
highestHigh = ta.highest(high, lookbackPeriod)
// 計算回檔百分比
pullbackPercent = ((close - highestHigh) / highestHigh)
plot(pullbackPercent, title="Pullback Percentage")
Weekend Trap
Weekend Trap Indicator
A comprehensive weekend range analysis tool designed to identify and track low-liquidity weekend price movements with advanced market maker detection.
What is the Weekend Trap?
The Weekend Trap refers to price ranges established during low-liquidity weekend periods (Saturday 5:00 AM to Monday 5:00 AM Perth time) when institutional trading is minimal.
Key Features
📊 Weekend Range Detection
Automatically identifies weekend periods based on Perth timezone
Creates visual rectangles showing weekend high/low ranges
Displays 50% midline for key pivot levels
Configurable range cutoff (default: Sunday 3:00 PM)
🎯 Advanced Market Maker Detection
PVSRA-style volume analysis for institutional activity identification
4-color coding system:
🟢 Lime: 200% Bull volume (Peak volume + bullish candle)
🔴 Red: 200% Bear volume (Peak volume + bearish candle)
🔵 Blue: 150% Bull volume (Rising volume + bullish candle)
🟣 Fuchsia: 150% Bear volume (Rising volume + bearish candle)
Weighted volume calculation for better peak detection
Circles positioned above bars for clear visualization
📈 Range Analytics
Clean range labels showing:
Absolute price range
Percentage movement
Historical analysis with configurable lookback period
Current weekend tracking with real-time updates
Settings Overview
Core Settings
Weeks to Backtest (1-52): Number of completed weekends to display
Show Weekend Trap Rectangles: Toggle rectangle visibility
Use Wicks for Rectangle Height: Include wicks vs. body-only ranges
Sunday Range Cutoff Hour: When to stop updating weekend range
Visual Customization
Rectangle colors and borders
Market maker marker sizes (tiny to large)
PVSRA color scheme for different volume levels
Label display options
Market Maker Detection
Automatic PVSRA analysis during weekend periods
150% threshold: Volume ≥ 150% of 10-period average
200% threshold: Volume ≥ 200% of average OR weighted volume peak
Real-time detection with immediate visual feedback
How to Use
Add to your chart (works on any timeframe, recommended: 1H-4H)
Set your preferred lookback period (default: 4 weeks)
Observe weekend ranges and note market maker activity
Monitor volume spikes indicated by colored circles
Analysis Applications
Weekend Range Analysis
Identify price ranges during low-liquidity periods
Track historical weekend price movements
Analyze range size and frequency patterns
Market Maker Detection
Identify institutional accumulation/distribution
Spot manipulation during low-liquidity periods
Analyze volume patterns and anomalies
Historical Pattern Recognition
Weekend range comparison across multiple periods
Multiple timeframe analysis capability
Volume pattern identification
Technical Details
Timezone: Australia/Perth (GMT+8)
Weekend Period: Saturday 5:00 AM → Monday 5:00 AM
Volume Analysis: 10-period moving average baseline
Weighted Volume: Volume × (High - Low) for peak detection
Object Management: Automatic cleanup based on lookback period
Best Practices
Use on liquid markets (major forex pairs, crypto, indices)
Adjust lookback period based on analysis timeframe
Monitor during Asia-Pacific trading hours for best results
Consider fundamental events that may affect weekend gaps
Credits
Volume analysis inspired by PVSRA (Price Volume Spread Range Analysis) methodology for institutional activity detection.
This indicator is designed for educational and analysis purposes.
Custom Multiple SMAsThe Custom Breakout Indicator provides visual guidance for identifying entry and exit signals within the BreakoutCatcher strategy. It consists of a fan of multiple Simple Moving Averages (SMAs) that make current market conditions visually accessible:
Flat, tightly clustered fan → Market is consolidating
First candle closing outside the fan → Potential entry signal (breakout)
Wide, rapidly expanding fan → Market is overheated, avoid entries
Additionally, the indicator displays a yellow trendline (EMA 100) as an overarching trend filter:
Price above EMA 100 → Consider only long signals
Price below EMA 100 → Consider only short signals
🔗 Part of the BreakoutCatcher strategy – available at: www.twn-trading.com
✔️ Fully functional on all timeframes
EMA Reclaim Alert - FVG StrategyThis script identifies momentum-based trend reclaims using two Exponential Moving Averages (EMAs), and plots entry, stop-loss, and take-profit levels for trade signals. It also highlights potential fakeouts.
Chiaroscuro Scalp Model A [Signal + Visuals]This indicator is based on the Chiaroscuro Scalp Model A — a precision-based scalping system that identifies high-probability trade setups during the London and New York sessions. It combines daily range expansion, order blocks, fair value gaps, and W/M reversal patterns to generate 20-pip scalping opportunities with clearly plotted stop loss and take profit levels. Ideal for intraday traders seeking structured, rule-based entries.