(FTD) Follow-Through Day SignalFollow-Through Day (FTD) Signal
This indicator detects potential Follow-Through Days (FTDs) — a concept popularized by William O’Neil — to help identify possible market trend confirmations.
A Follow-Through Day occurs when an index shows strong upside action on higher volume several days after a market low, suggesting institutional buying rather than short covering.
How it works:
The indicator checks for a session where the price gains a defined minimum percentage from the prior close (default: 1.2% or more).
Volume must be greater than the previous day’s volume.
The rally must occur at least three days after a recent low, determined by the lookback period (default: 20 days).
Additional safeguards require that recent bars are not making new lows and that the bar three days prior either closed positive or was not at a new low — filtering out false signals from oversold bounces.
When all conditions are met, a blue up arrow is plotted beneath the bar, and an optional “FTD” label appears if enabled.
Inputs:
Min % Gain from Previous Close (%): Sets the minimum daily percentage gain to qualify as a Follow-Through Day.
Lookback Period for Lowest Low Checks: Defines how many bars back to search for a recent market low (default: 20).
Show Signal Label: Toggles the on-chart “FTD” label display.
Usage:
This indicator is intended for use on daily charts of major market indexes — such as the Nasdaq Composite (symbol: IXIC) or broad index ETFs including QQQ, SPY, and DIA — where Follow-Through Day signals are most relevant for confirming potential trend reversals.
Göstergeler ve stratejiler
Session Streaks [LuxAlgo]The Session Streaks tool allows traders to identify whether a session is bullish or bearish on the chart. It also shows the current session streak, or the number of consecutive bullish or bearish sessions.
The tool features a dashboard with information about the session streaks of the underlying product on the chart.
🔶 USAGE
Analyzing session streaks is commonly used for market timing by studying the number of consecutive sessions over time and how long they last before the market changes direction.
We identify a bullish session as one in which the closing price is equal to or greater than the opening price, and a bearish session as one in which the closing price is below the opening price.
Each session is labeled according to its bias (bullish or bearish) and the number of consecutive sessions of the same type that conform the current streak.
🔹 Dashboard
The dashboard at the top shows information about the current session.
Under the "Streaks" header, historical information about session streaks is displayed, divided into bullish and bearish categories.
Number: Total number of streaks.
Median: The average duration of those streaks. We chose the median over the mean to avoid misrepresentation due to outliers.
Mode: The most common streak duration.
As the image shows, for this particular market, there are more bullish streaks than bearish ones. Bullish streaks have an average duration that is longer than that of bearish streaks, and both have the same most common streak duration.
If the current session is bullish and the median streak duration for bullish sessions is three, then we could consider scenarios in which the next two sessions are bullish.
🔶 DETAILS
🔹 Streaks On Larger Timeframes
On timeframes lower than or equal to Daily, the tool identifies each consecutive session, but this behavior changes on larger timeframes.
On timeframes larger than daily, the tool identifies the last session of each bar. Let's use the chart in the image as a reference.
At the top of the image, there is a daily chart where each session corresponds to each candle. One candle equals one day.
In the middle, we have a weekly chart where each session is the last session of each week, which is usually Friday for the Nasdaq 100 futures contract. The levels and labels displayed correspond to the last session within each candle, which is the last day of each week.
The levels and labels on the monthly chart correspond to the last session of each month, which is the last day of each month.
🔹 Gradient Style
Traders can choose between two different color gradients for the session background. Each gradient provides different information about price behavior within each session.
Horizontal: Green indicates prices at the top of the session range and red indicates prices at the bottom.
Vertical: Green indicates prices that are equal to or greater than the open price and red indicates prices that are below the open price of the session.
🔶 SETTINGS
🔹 Dashboard
Dashboard: Enable or disable the dashboard.
Position: Select the location of the dashboard.
Size: Select the dashboard size.
🔹 Style
Bullish: Select a color for bullish sessions.
Bearish: Select a color for bearish sessions.
Transparency: Select a transparency level from 100 to 0.
Gradient: Select a horizontal or vertical gradient.
Auto Fibonacci LevelsAuto Fibonacci Momentum Zones with Visible Range Table
Overview and Originality
The Auto Fibonacci Momentum Zones indicator offers a streamlined, static overlay of Fibonacci retracement levels inspired by extreme RSI momentum thresholds, enhanced with a dynamic table displaying the high and low of the currently visible chart range. This isn't a repackaged RSI oscillator or basic Fib drawer—common in TradingView's library—but a purposeful fusion of geometric harmony (Fibonacci ratios) with momentum psychology (RSI extremes at 35/85), projected as fixed horizontal reference lines on the price chart. The addition of the visible range table, powered by PineCoders' VisibleChart library, provides real-time context for the chart's current view, enabling traders to quickly assess range compression or expansion relative to these zones.
This script's originality stems from its "static momentum mapping": by hardcoding Fib levels on a dynamic chart, it creates universal psychological support/resistance lines that transcend specific assets or timeframes.
Unlike dynamic Fib tools that auto-adjust to price swings (risking noise in ranging markets) or standalone RSI plots (confined to panes), this delivers clean, bias-adjustable overlays for confluence analysis. The visible range table justifies the library integration—it's not a gratuitous add-on but a complementary tool that quantifies the "screen real estate" of price action, helping users correlate Fib touches with actual volatility. Drawn from original code (no auto-generation or public templates), it builds TradingView's body of knowledge by simplifying multi-tool workflows into one indicator, ideal for discretionary traders who value visual efficiency over algorithmic complexity.
How It Works: Underlying Concepts
Fibonacci retracements, derived from the Fibonacci sequence and the golden ratio (≈0.618), identify potential reversal points based on the idea that markets retrace prior moves in predictable proportions: shallow (23.6%, 38.2%), mid (50%), and deep (61.8%, 78.6%).
Adjustable Outputs
1. The "Invert Fibs" toggle (default: true) for bearish/topping bias, can be flipped aligning with trend context.
2. Fibonacci Levels: Seven semi-transparent horizontal lines are drawn using `hline()`:
- 0.0 at high (gray).
- 0.236: high - (range × 0.236) (light cyan, shallow pullback).
- 0.382: high - (range × 0.382) (teal, common retracement).
- 0.5: midpoint average (green, equilibrium).
- 0.618: high - (range × 0.618) (amber, golden pocket for reversals).
- 0.786: high - (range × 0.786) (orange, deep support).
- 1.0 at low (gray).
Colors progress from cool (shallow) to warm (deep) for intuitive scanning.
3. Optional Fib Labels: Right-edge text labels (e.g., "0.618") appear only if enabled, positioned at the last bar + offset for non-cluttering visibility.
4. Visible Range Table: Leveraging the VisibleChart library's `visible.high()` and `visible.low()` functions, a compact 2x2 table (top-right corner) updates on the last bar to show the extrema of bars currently in view. This mashup enhances utility: Fib zones provide fixed anchors, while the table's dynamic values reveal if price is "pinned" to a zone (e.g., visible high hugging 0.382 signals resistance). The library is invoked sparingly for performance, adding value by bridging static geometry with viewport-aware data—unavailable in built-ins without custom code.
How to Use It
1. Setup:
Add to any chart (e.g., 15M for scalps, Daily for swings). As an overlay, lines appear directly on price candles—adjust chart scaling if needed.
2. Input Tweaks:
Invert Fibs: Enable for downtrends (85 top), disable for uptrends (35 bottom).
Show Fibs: Toggle labels for ratio callouts (off for clean charts).
Show Table: Display/hide the visible high/low summary (red for high, green for low, formatted to 2 decimals).
3. Trading Application:
Zone Confluence: Seek price reactions at each fibonacci level—e.g., a doji at 0.618 + rising volume suggests entry; use 0.0/1.0 as invalidation.
Range Context: Check the table: If visible high/low spans <20% of the Fib arc (e.g., both near 0.5), anticipate breakout; wider spans signal consolidation.
Multi-Timeframe: Overlay on higher TF for bias, lower for precision—e.g., Daily Fibs guide 1H entries.
Enhancements: Pair with volume or candlesticks; set alerts on line crosses via TradingView's built-in tools. Backtest on your symbols to validate (e.g., equities favor 0.382, forex the 0.786).
This indicator automates advanced Fibonacci synthesis dynamically, eliminating manual measurement and calculations.
published by ozzy_livin
Pullback Levels from ATH# ATH Pullback Levels
**Assess correction depth with precision – 5%, 10%, 15%, 20% below All-Time High**
---
### Overview
This indicator draws **horizontal support lines** at **5%, 10%, 15%, and 20%** below the **All-Time High (ATH)** of any asset. Perfect for **swing traders**, **long-term investors**, and **bull market participants** who want to:
- Measure **pullback depth** in real-time
- Identify **potential support zones**
- Set **alerts** when price enters key retracement levels
---
### Features
| Feature | Description |
|--------|-------------|
| **Dynamic ATH Tracking** | Automatically updates with every new high |
| **4 Pullback Levels** | 5%, 10%, 15%, 20% below ATH |
| **Live Pullback % Label** | Shows current % drop from ATH (top-right) |
| **Customizable Lines** | Toggle visibility, change colors & styles |
| **Built-in Alerts** | Trigger on entry into each zone |
| **No Errors** | Works on 50k+ bar charts (BTC, SPX, etc.) |
| **Time-Based Lines** | Uses `xloc.bar_time` – no 500-bar future limit |
---
### How to Use
1. Apply to any chart (stocks, crypto, forex, indices)
2. Watch the **info box** for current pullback %
3. Use lines as **potential buy zones** during corrections
4. Set **alerts** to be notified when price enters a level
> Example: If ATH = $100 →
> - 5% = $95
> - 10% = $90
> - 15% = $85
> - 20% = $80
---
### Inputs
- **Show 5% / 10% / 15% / 20% Level** → Toggle on/off
- **Line Colors** → Fully customizable
- **Line Style** → Solid, Dashed, or Dotted
---
### Alerts
Create alerts directly from the indicator:
- `"Entered 5% Pullback"`
- `"Entered 10% Pullback"`
- etc.
---
### Best For
- Bull market corrections
- Long-term position sizing
- Risk management in uptrends
- Swing entries on dips
---
### Notes
- Works on **all timeframes**
- **Log scale compatible** (lines adjust correctly)
- No repainting – ATH only updates on confirmed highs
---
**Built with Pine Script v6 – Clean, fast, reliable.**
*Happy trading!*
FVG MagicFVG Magic — Fair Value Gaps with Smart Mitigation, Inversion & Auto-Clean-up
FVG Magic finds every tradable Fair Value Gap (FVG), shows who powered it, and then manages each gap intelligently as price interacts with it—so your chart stays actionable and clean.
Attribution
This tool is inspired by the idea popularized in “Volumatic Fair Value Gaps ” by BigBeluga (licensed CC BY-NC-SA 4.0). Credit to BigBeluga for advancing FVG visualization in the community.
Important: This is a from-scratch implementation—no code was copied from the original. I expanded the concept substantially with a different detection stack, a gap state machine (ACTIVE → 50% SQ → MITIGATED → INVERSED), auto-clean up rules, lookback/nearest-per-side pruning, zoom-proof volume meters, and timeframe auto-tuning for 15m/H1/H4.
What makes this version more accurate
Full-coverage detection (no “missed” gaps)
Default ICT-minimal rule (Bullish: low > high , Bearish: high < low ) catches all valid 3-candle FVGs.
Optional Strict filter (stricter structure checks) for traders who prefer only “clean” gaps.
Optional size percentile filter—off by default so nothing is hidden unless you choose to filter.
Correct handling of confirmations (wick vs close)
Mitigation Source is user-selectable: high/low (wick-based) or close (strict).
This avoids false “misses” when you expect wick confirmations (50% or full fill) but your logic required closes.
State-aware labelling to prevent misleading data
The Bull%/Bear% meter is shown only while a gap is ACTIVE.
As soon as a gap is 50% SQ, MITIGATED, or INVERSED, the meter is hidden and replaced with a clear tag—so you never read stale participation stats.
Robust zoom behaviour
The meter uses a fixed bar-width (not pixels), so it stays proportional and readable at any zoom level.
Deterministic lifecycle (no stale boxes)
Remove on 50% SQ (instant or delayed).
Inversion window after first entry: if price enters but doesn’t invert within N bars, the box auto-removes once fully filled.
Inversion clean up: after a confirmed flip, keep for N bars (context) then delete (or 0 = immediate).
Result: charts auto-maintain themselves and never “lie” about relevance.
Clarity near current price
Nearest-per-side (keep N closest bullish & bearish gaps by distance to the midpoint) focuses attention where it matters without altering detection accuracy.
Lookback (bars) ensures reproducible behaviour across accounts with different data history.
Timeframe-aware defaults
Sensible auto-tuning for 15m / H1 / H4 (right-extension length, meter width, inversion windows, clean up bars) to reduce setup friction and improve consistency.
What it does (under the hood)
Detects FVGs using ICT-minimal (default) or a stricter rule.
Samples volume from a 10× lower timeframe to split participation into Bull % / Bear % (sum = 100%).
Manages each gap through a state machine:
ACTIVE → 50% SQ (midline) → MITIGATED (full) → INVERSED (SR flip after fill).
Auto-clean up keeps only relevant levels, per your rules.
Dashboard (top-right) displays counts by side and the active state tags.
How to use it
First run (show everything)
Use Strict FVG Filter: OFF
Enable Size Filter (percentile): OFF
Mitigation Source: high/low (wick-based) or close (stricter), as you prefer.
Remove on 50% SQ: ON, Delay: 0
Read the context
While ACTIVE, use the Bull%/Bear% meter to gauge demand/supply behind the impulse that created the gap.
Confluence with your HTF structure, sessions, VWAP, OB/FVG, RSI/MACD, etc.
Trade interactions
50% SQ: often the highest-quality interaction; if removal is ON, the box clears = “job done.”
Full mitigation then rejection through the other side → tag changes to INVERSED (acts like SR). Keep for N bars, then auto-remove.
Keep the chart tidy (optional)
If too busy, enable Size Filter or set Nearest per side to 2–4.
Use Lookback (bars) to make behaviour consistent across symbols and histories.
Inputs (key ones)
Use Strict FVG Filter: OFF(default)/ON
Enable Size Filter (percentile): OFF(default)/ON + threshold
Mitigation Source: high/low or close
Remove on 50% SQ + Delay
Inversion window after entry (bars)
Remove inversed after (bars)
Lookback (bars), Nearest per side (N)
Right Extension Bars, Max FVGs, Meter width (bars)
Colours: Bullish, Bearish, Inversed fill
Suggested defaults (per TF)
15m: Extension 50, Max 12, Inversion window 8, Clean up 8, Meter width 20
H1: Extension 25, Max 10, Inversion window 6, Clean up 6, Meter width 15
H4: Extension 15, Max 8, Inversion window 5, Clean up 5, Meter width 10
Notes & edge cases
If a wick hits 50% or the far edge but state doesn’t change, you’re likely on close mode—switch to high/low for wick-based behaviour.
If a gap disappears, it likely met a clean up condition (50% removal, inversion window, inversion clean up, nearest-per-side, lookback, or max-cap).
Meters are hidden after ACTIVE to avoid stale percentages.
SuperTrend Cyan — Split ST & Triple Bands (A/B/C)SuperTrend Cyan — Split ST & Triple Bands (A/B/C)
✨ Concept:
The SuperTrend Cyan indicator expands the classical SuperTrend logic into a split-line + triple-band visualization for clearer structure and volatility mapping.
Instead of a single ATR-based line, this tool separates SuperTrend direction from volatility envelopes (A/B/C), providing a layered view of both regime and range compression.
✨ The design goal:
Preserve the simplicity of SuperTrend
Add volatility context via multi-band envelopes
Provide a compact MTF (Multi-Timeframe) summary for broader trend alignment
✨ How It Works
1. SuperTrend Core (Active & Opposite Lines)
Uses ATR-based bands (Factor × ATR-Length).
Active SuperTrend is plotted according to current regime.
Opposite SuperTrend (optional) shows potential reversal threshold.
2. Triple Band System (A/B/C)
Each band (A, B, C) scales from the median price (hl2) by different ATR multipliers.
A: Outer band (wider, long-range context)
B: Inner band (mid-range activity)
C: Core band (closest to price, short-term compression)
Smoothness can be controlled with EMA.
Uptrend fills are lime-toned, downtrend fills are red-toned, with adjustable opacity (gap intensity).
3. Automatic Directional Switch
When the regime flips from up → down (or vice versa), the overlay automatically switches between lower and upper bands for a clean transition.
4. Multi-Timeframe SuperTrend Table
Displays SuperTrend direction across 5m, 15m, 1h, 4h, and 1D frames.
Green ▲ = Uptrend, Red ▼ = Downtrend.
Useful for checking cross-timeframe trend alignment.
✨ How to Read It
Green SuperTrend + Lime Bands
- Uptrend regime; volatility expanding upward
Red SuperTrend + Red Bands
- Downtrend regime; volatility expanding downward
Narrow gaps (A–C)
- Low volatility / compression (potential squeeze)
Wide gaps
- High volatility / active trend phase
Opposite ST line close to price
- Early warning for regime transition
✨ Practical Use
Identify trend direction (SuperTrend color & line position).
Assess volatility conditions (band width and gap transparency).
Watch for MTF alignment: consistent up/down signals across 1h–4h–1D = strong structural trend.
Combine with momentum indicators (e.g., RSI, DFI, PCI) for confirmation of trend maturity or exhaustion.
✨ Customization Tips
ST Factor / ATR Length
- Adjust sensitivity of SuperTrend direction changes
Band ATR Length
- Controls overall smoothness of volatility envelopes
Band Multipliers (A/B/C)
- Define how wide each volatility band extends
Gap Opacity
- Affects visual contrast between layers
MTF Table
- Enable/disable multi-timeframe display
✨ Educational Value
This script visualizes the interaction between trend direction (SuperTrend) and volatility envelopes, helping traders understand how price reacts within layered ATR zones.
It also introduces a clean MTF (multi-timeframe) perspective — ideal for discretionary and system traders alike.
✨ Disclaimer
This indicator is provided for educational and research purposes only.
It does not constitute financial advice or a trading signal.
Use at your own discretion and always confirm with additional tools.
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📘 한국어 설명 (Korean translation below)
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✨개념
SuperTrend Cyan 지표는 기존의 SuperTrend를 확장하여,
추세선 분리(Split Line) + 3중 밴드 시스템(Triple Bands) 으로
시장의 구조적 흐름과 변동성 범위를 동시에 시각화합니다.
단순한 SuperTrend의 강점을 유지하면서도,
ATR 기반의 A/B/C 밴드를 통해 변동성 압축·확장 구간을 직관적으로 파악할 수 있습니다.
✨ 작동 방식
1. SuperTrend 코어 (활성/반대 라인)
ATR×Factor를 기반으로 추세선을 계산합니다.
현재 추세 방향에 따라 활성 라인이 표시되고, “Show Opposite” 옵션을 켜면 반대편 경계선도 함께 보입니다.
2. 트리플 밴드 시스템 (A/B/C)
hl2(중간값)를 기준으로 ATR 배수에 따라 세 개의 밴드를 계산합니다.
A: 외곽 밴드 (가장 넓고 장기 구조 반영)
B: 중간 밴드 (중기적 움직임)
C: 코어 밴드 (가격에 가장 근접, 단기 변동성 반영)
EMA 스무딩으로 부드럽게 조정 가능.
업트렌드 구간은 라임색, 다운트렌드는 빨간색 음영으로 표시됩니다.
3. 자동 전환 시스템
추세가 전환될 때(Up ↔ Down), 밴드 오버레이도 자동으로 교체되어 깔끔한 시각적 구조를 유지합니다.
4. MTF SuperTrend 테이블
5m / 15m / 1h / 4h / 1D 프레임별 SuperTrend 방향을 표시합니다.
초록 ▲ = 상승, 빨강 ▼ = 하락.
복수 타임프레임 정렬 확인용으로 유용합니다.
✨ 해석 방법
초록 SuperTrend + 라임 밴드
- 상승 추세 및 확장 구간
빨강 SuperTrend + 레드 밴드
- 하락 추세 및 확장 구간
밴드 폭이 좁음
- 변동성 축소 (스퀴즈)
밴드 폭이 넓음
- 변동성 확장, 추세 강화
반대선이 근접
- 추세 전환 가능성 높음
✨ 활용 방법
SuperTrend 색상으로 추세 방향을 확인
A/B/C 밴드 폭으로 변동성 수준을 판단
MTF 테이블을 통해 복수 타임프레임 정렬 여부 확인
RSI, DFI, PCI 등 다른 지표와 함께 활용 시, 추세 피로·모멘텀 변화를 조기에 파악 가능
✨ 교육적 가치
이 스크립트는 추세 구조(SuperTrend) 와 변동성 레이어(ATR Bands) 의 상호작용을
시각적으로 학습하기 위한 교육용 지표입니다.
또한, MTF 구조를 통해 시장의 “위계적 정렬(hierarchical alignment)”을 쉽게 인식할 수 있습니다.
✨ 면책
이 지표는 교육 및 연구 목적으로만 제공됩니다.
투자 판단의 책임은 사용자 본인에게 있으며, 본 지표는 매매 신호를 보장하지 않습니다.
Rolling Correlation vs Another Symbol (SPY Default)This indicator visualizes the rolling correlation between the current chart symbol and another selected asset, helping traders understand how closely the two move together over time.
It calculates the Pearson correlation coefficient over a user-defined period (default 22 bars) and plots it as a color-coded line:
• Green line → positive correlation (move in the same direction)
• Red line → negative correlation (move in opposite directions)
• A gray dashed line marks the zero level (no correlation).
The background highlights periods of strong relationship:
• Light green when correlation > +0.7 (strong positive)
• Light red when correlation < –0.7 (strong negative)
Use this tool to quickly spot diversification opportunities, confirm hedges, or understand how assets interact during different market regimes.
FXbyFaris – Liquidity & Trend Frameworkfxbyfaris is a ultimate pro strategy which gives you accurate entry and exits
Cumulative Delta Volume MTFCumulative Delta Volume MTF (CDV_MTF)
Within volume analytics, “delta (buy − sell)” often acts as a leading indicator for price.
This indicator is a cumulative delta tailored for day trading.
It differs from conventional cumulative delta in two key ways:
Daily Reset
If heavy buying hits into the prior day’s close, a standard cumulative delta “carries” that momentum into the next day’s open. You can then misread direction—selling may actually be dominant, but yesterday’s residue still pushes the delta positive. With Daily Reset, accumulation uses only the current day’s delta, giving you a more reliable, open-to-close read for intraday decision-making.
Timeframe Selection (MTF)
You might chart 30s/15s candles to capture micro structure, while wanting the cumulative delta on 5-minute to judge the broader flow. With Timeframe (MTF), you can view a lower-timeframe chart and a higher-timeframe delta in one pane.
Overview
MTF aggregation: choose the delta’s computation timeframe via Timeframe (empty = chart) (empty = chart timeframe).
Daily Reset: toggle on/off to accumulate strictly within the current session/day.
Display: Candle or Line (Candle supports Heikin Ashi), with Bull/Bear background shading.
Overlays: up to two SMA and two EMA lines.
Panel: plotted in a sub-window (overlay=false).
Example Use Cases
At the open: turn Daily Reset = ON to see the pure, same-day buy/sell build-up.
Entry on lower TF, bias from higher TF: chart at 30s, set Timeframe = 5 to reduce noise and false signals.
Quick read of momentum: Candle + HA + background shading for intuitive direction; confirm with SMA/EMA slope or crosses.
Key Parameters
Timeframe (empty = chart): timeframe used to compute cumulative delta.
Enable Daily Reset: resets accumulation when the trading day changes.
Style: Candle / Line; Heikin Ashi toggle for Candle mode.
SMA/EMA 1 & 2: individual length and color settings.
Background: customize Bull and Bear background colors.
How to Read
Distance from zero: positive build = buy-side dominance; negative = sell-side dominance.
Slope × MAs: use CDV slope and MA direction/crossovers for momentum and potential turns.
Reset vs. non-reset:
ON → isolates intraday net flow.
OFF → tracks multi-day accumulation/dispersion.
Notes & Caveats
The delta here is a heuristic derived from candle body/wick proportions—it is not true bid/ask tape.
MTF updates are based on the selected timeframe’s bar closes; values can fluctuate intrabar.
Date logic follows the symbol’s exchange timezone.
Renders in a separate pane.
Suggested Defaults
Timeframe = 5 (or 15) / Daily Reset = ON
Style = Candle + Heikin Ashi = ON
EMA(50/200) to frame trend context
For the first decisions after the open—and for scalps/day trades throughout the session—MTF × Daily Reset helps you lock onto the flow that actually matters, right now.
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Cumulative Delta Volume MTF（CDV_MTF）
出来高の中でも“デルタ（買い−売り）”は株価の先行指標になりやすい。
本インジケーターはデイトレードに特化した累積デルタです。
通常の累積デルタと異なるポイントは2つ。
デイリーリセット機能
前日の大引けで大きな買いが入ると、通常の累積デルタはその勢いを翌日の寄りにも“持ち越し”ます。実際は売り圧が強いのに、前日の残渣に引っ張られて方向を誤ることがある。デイリーリセットを使えば当日分だけで累積するため、寄り直後からの判断基準として信頼度が上がります。
タイムフレーム指定（MTF）機能
たとえばチャートは30秒足/15秒足で細部の動きを追い、累積デルタは5分足で“大きな流れ”を確認したい──そんなニーズに対応。**一画面で“下位足の値動き × 上位足のフロー”**を同時に把握できます。
概要
MTF対応：Timeframe で集計足を指定（空欄＝チャート足）
デイリーリセット：当日分のみで累積（オン/オフ切替）
表示：Candle/Line（CandleはHA切替可）、背景をBull/Bearで自動塗り分け
補助線：SMA/EMA（各2本）を重ね描き
表示先：サブウィンドウ（overlay=false）
使い方の例
寄りのフロー判定：デイリーリセット＝オンで、寄り直後の純粋な買い/売りの積み上がりを確認
下位足のエントリー × 上位足のバイアス：チャート＝30秒、Timeframe=5分で騙しを減らす
勢いの視認：Candle＋HA＋背景色で直感的に上げ下げを把握、SMA/EMAの傾きで補強
主なパラメータ
Timeframe (empty = chart)：累積に使う時間足
デイリーリセットを有効にする：日付切替で累積をリセット
Style：Candle / Line、Heikin Ashi切替
SMA/EMA 1・2：期間・色を個別設定
背景色：Bull背景 / Bear背景 を任意のトーンに
読み取りのコツ
ゼロからの乖離：＋側へ積み上がるほど買い優位、−側は売り優位
傾き×MA：CDVの傾きと移動平均の方向/クロスで転換やモメンタムを推測
日内/日跨ぎの切替：デイリーリセット＝オンで日内の純流入出、オフで期間全体の偏り
仕様・注意
本デルタはローソクのボディ/ヒゲ比率から近似したヒューリスティックで、実際のBid/Ask集計とは異なります。
MTFは指定足の確定ベースで更新されます。
日付判定はシンボルの取引所タイムゾーン準拠。
推奨初期セット
Timeframe=5（または15）／デイリーリセット=有効
Style=Candle＋HA=有効
EMA(50/200)で流れの比較
寄りの一手、そしてスキャル/デイの判断材料に。MTF×デイリーリセットで、“効いているフロー”を最短距離で捉えます。
MTF 20 SMA Table - DXY**MTF 20 SMA Table - Multi-Timeframe Trend Analysis Dashboard**
**Overview:**
This indicator provides a comprehensive multi-timeframe analysis dashboard that displays the relationship between price and the 20-period Simple Moving Average (SMA) across four key timeframes: 15-minute, 1-hour, 4-hour, and Daily. It's designed to help traders quickly identify trend alignment and potential trading opportunities across multiple timeframes at a glance. It's definitely not perfect but has helped me speed up my backtesting efforts as it's worked well for me eliminating flipping back and forth between timeframes excpet when I have confluence on the table, then I check the HTF.
**How It Works:**
The indicator creates a table overlay on your chart showing three critical metrics for each timeframe:
1. **Price vs SMA (Row 1):** Shows whether price is currently above (bullish) or below (bearish) the 20 SMA
- Green = Price Above SMA
- Red = Price Below SMA
2. **SMA Direction (Row 2):** Indicates the trend direction of the SMA itself over a lookback period
- Green (↗ Rising) = Uptrend
- Red (↘ Falling) = Downtrend
- Gray (→ Flat) = Ranging/Consolidation
3. **Strength (Row 3):** Displays the distance between current price and the SMA in pips
- Purple background = Strong move (>50 pips away)
- Orange background = Moderate move (20-50 pips)
- Gray background = Weak/consolidating (<20 pips)
- Text color: Green for positive distance, Red for negative
**Key Features:**
- **Customizable Table Position:** Place the table anywhere on your chart (9 position options)
- **Adjustable SMA Lengths:** Modify the SMA period for each timeframe independently (default: 20)
- **Direction Lookback Settings:** Fine-tune how far back the indicator looks to determine SMA direction for each timeframe
- **Flat Threshold:** Set the pip threshold for determining when an SMA is "flat" vs trending (default: 5 pips)
- **DXY Optimized:** Calculations are calibrated for the US Dollar Index (1 pip = 0.01)
**Best Use Cases:**
1. **Trend Alignment:** Identify when multiple timeframes align in the same direction for higher probability trades
2. **Divergence Spotting:** Detect when lower timeframes diverge from higher timeframes (potential reversals)
3. **Entry Timing:** Use lower timeframe signals while higher timeframes confirm overall trend
4. **Strength Assessment:** Gauge how extended price is from the mean (SMA) to avoid overextended entries
**Settings Guide:**
- **SMA Settings Group:** Adjust the SMA period for each timeframe (15M, 1H, 4H, Daily)
- **SMA Direction Group:** Control lookback periods to determine trend direction
- 15M: Default 5 candles
- 1H: Default 10 candles
- 4H: Default 15 candles
- Daily: Default 20 candles
- **Flat Threshold:** Set sensitivity for "flat" detection (lower = more sensitive to ranging markets)
**Trading Strategy Examples:**
1. **Trend Following:** Look for all timeframes showing the same direction (all green or all red)
2. **Pullback Trading:** When Daily/4H are green but 15M/1H show red, wait for lower timeframes to flip green for entry
3. **Ranging Markets:** When multiple SMAs show "flat", consider range-bound strategies
**Important Notes:**
- This is a reference tool only, not a standalone trading system
- Always use proper risk management and combine with other analysis methods
- Best suited for trending instruments like indices and major forex pairs
- Calculations are optimized for DXY but can be used on other instruments (pip calculations may need adjustment)
**Credits:**
Feel free to modify and improve this code! Suggestions for enhancements are welcome in the comments.
---
**Installation Instructions:**
1. Add the indicator to your TradingView chart
2. Adjust the table position via settings to avoid overlap with price action
3. Customize SMA lengths and lookback periods to match your trading style
4. Monitor the table for timeframe alignment and trend confirmation
---
This indicator is published as open source for the community to learn from and improve upon. Happy trading! 📈
Z-Score Bands + SignalsZ-Score Statistical Market Analyzer
A multi-dimensional market structure indicator based on standardized deviation & regime logic
English Description
Concept
This indicator builds a statistical model of price behaviour by converting every candle’s movement into a Z-score — how many standard deviations each close is away from its moving average.
It visualizes the normal distribution structure of returns and provides adaptive entry signals for both Mean Reversion and Breakout regimes.
Rather than predicting price direction, it measures statistical displacement from equilibrium and dynamically adjusts the decision logic according to the market’s volatility regime.
⚙️ Main Components
Z-Score Bands (±1σ, ±2σ, ±3σ)
– The core structure visualizes volatility boundaries based on rolling mean and standard deviation.
– Price outside ±2σ often indicates statistical extremes.
Dual Signal Systems
Mean Reversion (MRL / MRS): when price (or return z-score) crosses back inside ±2σ bands.
Breakout (BOL / BOS): when price continues to expand beyond ±2σ.
Volatility Regime Classification
The indicator detects whether the market is currently in a low-vol or high-vol regime using percentile statistics of σ.
Low vol → Mean Reversion preferred
High vol → Breakout preferred
🧠 Adaptive Switches
A. Freeze MA/σ - Use previous-bar stats to avoid repainting and lag.
B. Confirm on Close - Only generate signals once the base-timeframe bar closes (eliminates look-ahead bias).
C. Return-based Signal - Use log-return Z-score instead of price deviation — normalizes volatility across assets.
D. Outlier Filter - Exclude bars with abnormal single-bar returns (e.g., >20%). Reduces false spikes.
E. Regime Gating - Automatically switch between Mean Reversion and Breakout logic depending on volatility percentile.
Each module can be toggled individually to test different statistical behaviours or tailor to a specific market condition.
📊 Interpretation
When the histogram of returns approximates a normal distribution, mean-reversion logic is often more effective.
When price persistently drifts beyond ±2σ or ±3σ, the distribution becomes leptokurtic (fat-tailed) — a breakout structure dominates.
Hence, this tool can help you:
Identify whether an asset behaves more “Gaussian” or “fat-tailed”;
Select the correct trading regime (MR or BO);
Quantitatively measure market tension and volatility clusters.
🧩 Recommended Use
Works on any timeframe and any asset.
Best used on liquid instruments (e.g., XAU/USD, indices, major FX pairs).
Combine with volume, sentiment or structural filters to confirm signals.
For strategy automation, pair with the companion script:
🧠 “Z-Score Strategy • Multi-Source Confirm (MRL/MRS/BOL/BOS)”.
⚠️ Disclaimer
This script is designed for educational and research purposes.
Statistical deviation ≠ directional prediction — use with sound risk management.
Past distribution patterns may shift under new volatility regimes.
==================================================================================
中文说明（简体）
概念简介
该指标基于价格的统计分布原理，将每根 K 线的波动转化为标准化的 Z-Score（标准差偏离值），用于刻画市场处于均衡或偏离状态。
它同时支持 均值回归（Mean Reversion） 与 突破延展（Breakout） 两种逻辑，并可根据市场波动结构自动切换策略模式。
⚙️ 主要功能模块
Z-Score 通道（±1σ / ±2σ / ±3σ）
用滚动均值与标准差动态绘制的统计波动带，价格超出 ±2σ 区域通常意味着极端偏离。
双信号系统
MRL / MRS（均值回归多空）：价格重新回到 ±2σ 以内时触发。
BOL / BOS（突破延展多空）：价格持续运行在 ±2σ 之外时触发。
波动率分层
自动识别市场处于高波动还是低波动区间：
低波动期 → 适合均值回归逻辑；
高波动期 → 适合突破趋势逻辑。
🧠 A–E 模块说明
A. 固定统计参数：使用上一根 K 线的均值和标准差，防止重绘。
B. 收盘确认信号：仅在当前时间框架收盘后生成信号，避免前视偏差。
C. 收益率信号模式：采用对数收益率的 Z-Score，更具普适性。
D. 异常波过滤：忽略单根极端波动（如 >20%）的噪声信号。
E. 波动率调节逻辑：根据市场处于高/低波动区间，自动切换 MRL/MRS 或 BOL/BOS。
📊 应用解读
如果收益率分布接近正态分布 → 市场倾向震荡，MRL/MRS 效果较佳；
若价格频繁偏离 ±2σ 或 ±3σ → 市场呈现“肥尾”分布，趋势延展占主导。
因此，该指标的核心目标是：
识别当前市场的统计结构类型；
根据波动特征自动切换交易逻辑；
提供结构化、可量化的市场状态刻画。
💡 使用建议
适用于所有时间框架与金融品种。
建议结合成交量或结构性指标过滤。
若用于策略回测，可搭配同名 “Z-Score Strategy • Multi-Source Confirm” 策略脚本。
⚠️ 免责声明
本指标仅用于研究与教学，不构成任何投资建议。
统计偏离 ≠ 趋势预测，实际市场行为可能在不同波动结构下改变。
Auto Downtrend Lines (Close-Based + Large Labels) v6DTL by DonaldDuck
DTL by DonaldDuck
DTL by DonaldDuck
RSI Divergence 1-20 Candlesthis is a rsi divergence setup used to see where all divergenece is rsi is formed. so this will help to trade.
Technical Checklist_DTBasic Checklist table for bullish condition checks for ADX, RSI, VWAP , CPR, Supertrend
True Average PriceTrue Average Price
Overview
The indicator plots a single line representing the cumulative average closing price of any symbol you choose. It lets you project a long-term mean onto your active chart, which is useful when your favourite symbol offers limited history but you still want context from an index or data-rich feed.
How It Works
The script retrieves all available historical bars from the selected symbol, sums their closes, counts the bars, and divides the totals to compute the lifetime average. That value is projected onto the chart you are viewing so you can compare current price action to the broader historical mean.
Inputs
Use Symbol : Toggle on to select an alternate symbol; leave off to default to the current chart.
Symbol : Pick the data source used for the average when the toggle is enabled.
Line Color : Choose the display color of the average line.
Line Width : Adjust the thickness of the plotted line.
Usage Tips
Apply the indicator to exchanges with shallow history while sourcing the average from a complete index (e.g., INDEX:BTCUSD for crypto pairs).
Experiment with different symbols to understand how alternative data feeds influence the baseline level.
Disclaimer
This indicator is designed as a technical analysis tool and should be used in conjunction with other forms of analysis and proper risk management.
Past performance does not guarantee future results, and traders should thoroughly test any strategy before implementing it with real capital.
Price Action Brooks ProPrice Action Brooks Pro (PABP) - Professional Trading Indicator
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📊 OVERVIEW
Price Action Brooks Pro (PABP) is a professional-grade TradingView indicator developed based on Al Brooks' Price Action trading methodology. It integrates decades of Al Brooks' trading experience and price action analysis techniques into a comprehensive technical analysis tool, helping traders accurately interpret market structure and identify trading opportunities.
• Applicable Markets: Stocks, Futures, Forex, Cryptocurrencies
• Timeframes: 1-minute to Daily (5-minute chart recommended)
• Theoretical Foundation: Al Brooks Price Action Trading Method
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🎯 CORE FEATURES
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1️⃣ INTELLIGENT GAP DETECTION SYSTEM
Automatically identifies and marks three critical types of gaps in the market.
TRADITIONAL GAP
• Detects complete price gaps between bars
• Upward gap: Current bar's low > Previous bar's high
• Downward gap: Current bar's high < Previous bar's low
• Hollow border design - doesn't obscure price action
• Color coding: Upward gaps (light green), Downward gaps (light pink)
• Adjustable border: 1-5 pixel width options
TAIL GAP
• Detects price gaps between bar wicks/shadows
• Analyzes across 3 bars for precision
• Identifies hidden market structure
BODY GAP
• Focuses only on gaps between bar bodies (open/close)
• Filters out wick noise
• Disabled by default, enable as needed
Trading Significance:
• Gaps signal strong momentum
• Gap fills provide trading opportunities
• Consecutive gaps indicate trend continuation
✓ Independent alert system for all gap types
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2️⃣ RTH BAR COUNT (Trading Session Counter)
Intelligent counting system designed for US stock intraday trading.
FEATURES
• RTH Only Display: Regular Trading Hours (09:30-15:00 EST)
• 5-Minute Chart Optimized: Displays every 3 bars (15-minute intervals)
• Daily Auto-Reset: Counting starts from 1 each trading day
SMART COLOR CODING
• 🔴 Red (Bars 18 & 48): Critical turning moments (1.5h & 4h)
• 🔵 Sky Blue (Multiples of 12): Hourly markers (12, 24, 36...)
• 🟢 Light Green (Bar 6): Half-hour marker (30 minutes)
• ⚫ Gray (Others): Regular 15-minute interval markers
Al Brooks Time Theory:
• Bar 18 (90 min): First 90 minutes determine daily trend
• Bar 48 (4 hours): Important afternoon turning point
• Hourly markers: Track institutional trading rhythm
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3️⃣ FOUR-LINE EMA SYSTEM
Professional-grade configurable moving average system.
DEFAULT CONFIGURATION
• EMA 20: Short-term trend (Al Brooks' most important MA)
• EMA 50: Medium-short term reference
• EMA 100: Medium-long term confirmation
• EMA 200: Long-term trend and bull/bear dividing line
FLEXIBLE CUSTOMIZATION
Each EMA can be independently configured:
• On/Off toggle
• Data source selection (close/high/low/open, etc.)
• Custom period length
• Offset adjustment
• Color and transparency
COLOR SCHEME
• EMA 20: Dark brown, opaque (most important)
• EMA 50/100/200: Blue-purple gradient, 70% transparent
TRADING APPLICATIONS
• Bullish Alignment: Price > 20 > 50 > 100 > 200
• Bearish Alignment: 200 > 100 > 50 > 20 > Price
• EMA Confluence: All within <1% = major move precursor
Al Brooks Quote:
"The EMA 20 is the most important moving average. Almost all trading decisions should reference it."
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4️⃣ PREVIOUS VALUES (Key Prior Price Levels)
Automatically marks important price levels that often act as support/resistance.
THREE INDEPENDENT CONFIGURATIONS
Each group configurable for:
• Timeframe (1D/60min/15min, etc.)
• Price source (close/high/low/open/CurrentOpen, etc.)
• Line style and color
• Display duration (Today/TimeFrame/All)
SMART OPEN PRICE LABELS ⭐
• Auto-displays "Open" label when CurrentOpen selected
• Label color matches line color
• Customizable label size
TYPICAL SETUP
• 1st Line: Previous close (Support/Resistance)
• 2nd Line: Previous high (Breakout target)
• 3rd Line: Previous low (Support level)
Al Brooks Magnet Price Theory:
• Previous open: Price frequently tests opening price
• Previous high/low: Strongest support/resistance
• Breakout confirmation: Breaking prior levels = trend continuation
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5️⃣ INSIDE & OUTSIDE BAR PATTERN RECOGNITION
Automatically detects core candlestick patterns from Al Brooks' theory.
ii PATTERN (Consecutive Inside Bars)
• Current bar contained within previous bar
• Two or more consecutive
• Labels: ii, iii, iiii (auto-accumulates)
• High-probability breakout setup
• Stop loss: Outside both bars
Trading Significance:
"Inside bars are one of the most reliable breakout setups, especially three or more consecutive inside bars." - Al Brooks
OO PATTERN (Consecutive Outside Bars)
• Current bar engulfs previous bar
• Two or more consecutive
• Labels: oo, ooo (auto-accumulates)
• Indicates indecision or volatility increase
ioi PATTERN (Inside-Outside-Inside)
• Three-bar combination: Inside → Outside → Inside
• Auto-detected and labeled
• Tug-of-war pattern
• Breakout direction often very strong
SMART LABEL SYSTEM
• Auto-accumulation counting
• Dynamic label updates
• Customizable size and color
• Positioned above bars
✓ Independent alerts for all patterns
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💡 USE CASES
INTRADAY TRADING
✓ Bar Count (timing rhythm)
✓ Traditional Gap (strong signals)
✓ EMA 20 + 50 (quick trend)
✓ ii/ioi Patterns (breakout points)
SWING TRADING
✓ Previous Values (key levels)
✓ EMA 20 + 50 + 100 (trend analysis)
✓ Gaps (trend confirmation)
✓ iii Patterns (entry timing)
TREND FOLLOWING
✓ All four EMAs (alignment analysis)
✓ Gaps (continuation signals)
✓ Previous Values (targets)
BREAKOUT TRADING
✓ iii Pattern (high-reliability setup)
✓ Previous Values (targets)
✓ EMA 20 (trend direction)
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🎨 DESIGN FEATURES
PROFESSIONAL COLOR SCHEME
• Gaps: Hollow borders + light colors
• Bar Count: Smart multi-color coding
• EMAs: Gradient colors + transparency hierarchy
• Previous Values: Customizable + smart labels
CLEAR VISUAL HIERARCHY
• Important elements: Opaque (EMA 20, bar count)
• Reference elements: Semi-transparent (other EMAs, gaps)
• Hollow design: Doesn't obscure price action
USER-FRIENDLY INTERFACE
• Clear functional grouping
• Inline layout saves space
• All colors and sizes customizable
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📚 AL BROOKS THEORY CORE
READING PRICE ACTION
"Don't try to predict the market, read what the market is telling you."
PABP converts core concepts into visual tools:
• Trend Assessment: EMA system
• Time Rhythm: Bar Count
• Market Structure: Gap analysis
• Trade Setups: Inside/Outside Bars
• Support/Resistance: Previous Values
PROBABILITY THINKING
• ii pattern: Medium probability
• iii pattern: High probability
• iii + EMA 20 support: Very high probability
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⚙️ TECHNICAL SPECIFICATIONS
• Pine Script Version: v6
• Maximum Objects: 500 lines, 500 labels, 500 boxes
• Alert Functions: 8 independent alerts
• Supported Timeframes: All (5-min recommended for Bar Count)
• Compatibility: All TradingView plans, Mobile & Desktop
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🚀 RECOMMENDED INITIAL SETTINGS
GAPS
• Traditional Gap: ✓
• Tail Gap: ✓
• Border Width: 2
BAR COUNT
• Use Bar Count: ✓
• Label Size: Normal
EMA
• EMA 20: ✓
• EMA 50: ✓
• EMA 100: ✓
• EMA 200: ✓
PREVIOUS VALUES
• 1st: close (Previous close)
• 2nd: high (Previous high)
• 3rd: low (Previous low)
INSIDE & OUTSIDE BAR
• All patterns: ✓
• Label Size: Large
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🌟 WHY CHOOSE PABP?
✅ Solid Theoretical Foundation
Based on Al Brooks' decades of trading experience
✅ Complete Professional Features
Systematizes complex price action analysis
✅ Highly Customizable
Every feature adjustable to personal style
✅ Excellent Performance
Optimized code ensures smooth experience
✅ Continuous Updates
Constantly improving based on feedback
✅ Suitable for All Levels
Benefits beginners to professionals
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📖 RECOMMENDED LEARNING
Al Brooks Books:
• "Trading Price Action Trends"
• "Trading Price Action Trading Ranges"
• "Trading Price Action Reversals"
Learning Path:
1. Understand basic candlestick patterns
2. Learn EMA applications
3. Master market structure analysis
4. Develop trading system
5. Continuous practice and optimization
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⚠️ RISK DISCLOSURE
IMPORTANT NOTICE:
• For educational and informational purposes only
• Does not constitute investment advice
• Past performance doesn't guarantee future results
• Trading involves risk and may result in capital loss
• Trade according to your risk tolerance
• Test thoroughly in demo account first
RESPONSIBLE TRADING:
• Always use stop losses
• Control position sizes reasonably
• Don't overtrade
• Continuous learning and improvement
• Keep trading journal
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📜 COPYRIGHT
Price Action Brooks Pro (PABP)
Author: © JimmC98
License: Mozilla Public License 2.0
Pine Script Version: v6
Acknowledgments:
Thanks to Dr. Al Brooks for his contributions to price action trading. This indicator is developed based on his theories.
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Experience professional-grade price action analysis now!
"The best traders read price action, not indicators. But when indicators help you read price action better, use them." - Al Brooks
RSI Divergence 1-20 Candlesthis is a good divergence candle indicator to show divergences in the candles.
RSI Divergence 1-2 Candlesthis is a rsi divergence indicator which shows how to trade divergences which in normal eyes is difficult
Previous D/W/M HLOCHey traders,
Here's a simple Multi-Timeframe indicator that essentially turns time and price into a box. It'll take the previous high, low, opening price, or closing price from one of the three timeframes of your choice (day, week, or month). For whatever reason I can't get the opening price to function consistently so if you find improvements feel free to let me know, this will help traders who prefer to use opening price over closing price.
Naturally this form of charting is classical and nature and some key figures you could use to study its usage are
- Richard W. Schabacker (1930s)
- Edwards & Magee (1948)
- Peter Brandt
- Stacey Burke (more on the intraday side - typically our preference)
It's usage put plainly:
- Quantifying Accumulation or Distribution
- Revealing Energy Build-Up (Compression)
- Framing Breakouts and False Breakouts
- Structuring Time
- Identifying opportunities to trade a daily, weekly, or monthly range.
Volumen Abreviado📌 Indicator Description:
Abbreviated Volume (K / M)
This indicator displays each candle’s volume in an abbreviated format (K for thousands, M for millions, B for billions), making it easier to read and avoiding overly large numbers on the chart.
Key Features:
Volume histogram colored by candle direction (green: bullish, red: bearish, gray: neutral).
Configurable volume average line.
Label showing the abbreviated volume on the latest bar.
Optimized Y-axis scale to display compact values.
Perfect for:
Traders who want to quickly read volume without being distracted by large numbers.
Charts with high trading volume where full numbers are hard to read.
Fast analysis in stocks, crypto, or futures markets.
How to Use:
Add the indicator to your chart.
Adjust the average period in the settings.
Toggle the last-bar label on or off based on your preference.
✅ Works with any time frame and market.
