`bars_back` and `timeframe_bars_back` demo//@version=6
indicator("`bars_back` and `timeframe_bars_back` demo")
//@variable The number of bars back on the script's main timeframe (chart timeframe).
int barsBackInput = input.int(10, "Chart bar offset")
//@variable The number of bars back on the "1M" timeframe.
int tfBarsBackInput = input.int(3, "'1M' bar offset")
//@variable The opening UNIX timestamp of the current "1M" bar.
int monthTime = time("1M")
//@variable The opening time of the "1M" bar that contains the bar from `barsBackInput` bars back on the main timeframe.
int offsetTime1 = time("1M", bars_back = barsBackInput)
//@variable The "1M" opening time that is `tfBarsBackInput` monthly bars back, relative to the "1M" bar that opens at `offsetTime1`.
// This `time()` call first determines the "1M" bar time corresponding to `barsBackInput` bars back on the
// main timeframe, just like the previous call. Then, it calculates and returns the "1M" opening time that is
// `tfBarsBackInput` *monthly* bars back relative to that time.
int offsetTime2 = time("1M", bars_back = barsBackInput, timeframe_bars_back = tfBarsBackInput)
// Plot the values for visual comparison.
plot(monthTime, "No offset")
plot(offsetTime1, "`bars_back`", color.red)
plot(offsetTime2, "`bars_back` + `timeframe_bars_back`", color.purple)
// Log formatted timestamps in the Pine Logs pane.
log.info(" {0} {1} {2}", str.format_time(monthTime), str.format_time(offsetTime1), str.format_time(offsetTime2))
Göstergeler ve stratejiler
MTF EMA Trading SystemHere's a comprehensive description and usage guide for publishing your MTF EMA Trading System indicator on TradingView:
MTF EMA Trading System - Pro Edition
📊 Indicator Overview
The MTF EMA Trading System is an advanced multi-timeframe exponential moving average indicator designed for traders seeking high-probability setups with multiple confirmations. Unlike simple EMA crossover systems, this indicator combines trend alignment, momentum, volume analysis, and previous day confluence to generate reliable long and short signals with optimal risk-reward ratios.
✨ Key Features
1. Multi-Timeframe EMA Analysis
Configure 5 independent EMAs (default: 9, 21, 50, 100, 200)
Each EMA can pull data from ANY timeframe (5m, 15m, 1H, 4H, 1D, etc.)
Color-coded lines with customizable widths
End-of-line labels showing EMA period and timeframe (e.g., "EMA200 ")
Perfect for analyzing higher timeframe trends on lower timeframe charts
2. Advanced Signal Generation (Beyond Simple Crosses)
The system requires MULTIPLE confirmations before generating a signal:
LONG Signals Require:
✅ Price action trigger (EMA cross, bounce from key EMA, or pullback setup)
✅ Bullish EMA alignment (EMAs in proper ascending order)
✅ Volume spike confirmation (configurable threshold)
✅ RSI momentum confirmation (bullish but not overbought)
✅ Sufficient EMA separation (avoids choppy/whipsaw conditions)
✅ Price above previous day's low (confluence with support)
SHORT Signals Require:
✅ Price action trigger (EMA cross, rejection from key EMA, or pullback setup)
✅ Bearish EMA alignment (EMAs in proper descending order)
✅ Volume spike confirmation
✅ RSI momentum confirmation (bearish but not oversold)
✅ Sufficient EMA separation
✅ Price below previous day's high (confluence with resistance)
3. Real-Time Dashboard
Displays critical market conditions at a glance:
Overall trend direction (Bullish/Bearish/Neutral)
Price position relative to all EMAs
Volume status (spike or normal)
RSI momentum reading
EMA confluence strength
EMA separation quality
Current ATR value
Previous day high/low levels
Current signal status (LONG/SHORT/WAIT)
Risk-reward ratio
4. Clean Visual Design
Large, clear trade signal markers (green triangles for LONG, red triangles for SHORT)
No chart clutter - only essential information displayed
Customizable signal sizes
Professional color-coded dashboard
5. Built-In Risk Management
ATR-based calculations for stop loss placement
1:2 risk-reward ratio by default
All levels displayed in dashboard for easy reference
🎯 How to Use This Indicator
Step 1: Initial Setup
Add the indicator to your TradingView chart
Configure your preferred timeframes for each EMA:
EMA 9: Leave blank (uses chart timeframe) - Fast reaction to price
EMA 21: Leave blank or set to 15m - Key pivot level
EMA 50: Set to 1H - Intermediate trend
EMA 100: Set to 4H - Major trend filter
EMA 200: Set to 1D - Overall market bias
Adjust signal settings based on your trading style:
Conservative: Keep all confirmations enabled
Aggressive: Disable volume or momentum requirements
Scalping: Reduce min EMA separation to 0.2-0.3%
Step 2: Reading the Dashboard
Before taking any trade, check the dashboard:
Trend: Only take LONG signals in bullish trends, SHORT signals in bearish trends
Position: Confirm price is on the correct side of EMAs
Volume: Green spike = strong confirmation
RSI: Avoid extremes (>70 or <30)
Confluence: "Strong" = high probability setup
Separation: "Good" = trending market, avoid "Low" separation
Step 3: Trade Entry
For LONG Trades:
Wait for green triangle to appear below price
Verify dashboard shows:
Bullish or Neutral trend
Volume spike (preferred)
RSI between 50-70
Good separation
Enter at market or on next bar
Set stop loss at: Entry - (ATR × 2)
Set target at: Entry + (ATR × 4)
For SHORT Trades:
Wait for red triangle to appear above price
Verify dashboard shows:
Bearish or Neutral trend
Volume spike (preferred)
RSI between 30-50
Good separation
Enter at market or on next bar
Set stop loss at: Entry + (ATR × 2)
Set target at: Entry - (ATR × 4)
Step 4: Trade Management
Use the ATR values from dashboard for position sizing
Trail stops using the fastest EMA (EMA 9) as price moves in your favor
Exit partial position at 1:1 risk-reward, let remainder run to target
Exit immediately if dashboard trend changes against your position
💡 Best Practices
Timeframe Recommendations:
Scalping: 1m-5m chart with 5m, 15m, 1H, 4H, 1D EMAs
Day Trading: 5m-15m chart with 15m, 1H, 4H, 1D EMAs
Swing Trading: 1H-4H chart with 4H, 1D, 1W EMAs
Position Trading: 1D chart with 1D, 1W, 1M EMAs
Market Conditions:
Best in: Trending markets with clear direction
Avoid: Tight consolidation, low volume periods, major news events
Filter trades: Only take signals aligned with higher timeframe trend
Risk Management:
Never risk more than 1-2% per trade
Use ATR from dashboard to calculate position size
Respect the stop loss levels
Don't force trades when dashboard shows weak conditions
⚙️ Customization Options
EMA Settings (for each of 5 EMAs):
Length (period)
Timeframe (multi-timeframe capability)
Color
Line width
Show/hide toggle
Signal Settings:
Volume confirmation (on/off)
Volume spike threshold (1.0-3.0x)
Momentum confirmation (on/off)
RSI overbought/oversold levels
Minimum EMA separation percentage
ATR period and stop multiplier
Display Settings:
Show/hide EMA labels
Show/hide trade signals
Signal marker size (tiny/small/normal/large)
Show/hide dashboard
🔔 Alert Setup
The indicator includes 4 alert conditions:
LONG Signal - Fires when all long confirmations are met
SHORT Signal - Fires when all short confirmations are met
Bullish Setup - Early warning when trend aligns bullish with volume
Bearish Setup - Early warning when trend aligns bearish with volume
To set up alerts:
Right-click on chart → Add Alert
Select "MTF EMA Trading System"
Choose your desired alert condition
Configure notification method (popup, email, SMS, webhook)
📈 Performance Tips
Increase Win Rate:
Only trade in direction of higher timeframe trend
Wait for volume spike confirmation
Avoid trades during first 30 minutes and last 15 minutes of session
Skip trades when separation is "Low"
Reduce False Signals:
Increase minimum EMA separation to 0.7-1.0%
Enable all confirmation requirements
Only trade when confluence shows "Strong"
Combine with support/resistance levels
Optimize for Your Market:
Stocks: Use 9, 21, 50, 100, 200 EMAs
Forex: Consider 8, 13, 21, 55, 89 EMAs (Fibonacci)
Crypto: May need wider ATR multiplier (2.5-3.0x) for volatility
⚠️ Important Notes
This indicator is designed to reduce false signals by requiring multiple confirmations
No indicator is 100% accurate - always use proper risk management
Backtesting recommended before live trading
Market conditions change - adjust settings as needed
Works best in liquid markets with clear price action
🎓 Conclusion
The MTF EMA Trading System transforms simple moving average analysis into a sophisticated, multi-confirmation trading strategy. By combining trend alignment, momentum, volume, and confluence, it helps traders identify high-probability setups while filtering out noise and false signals. The clean interface and comprehensive dashboard make it suitable for both beginners and experienced traders across all markets and timeframes.
Cloud Matrix [CongTrader]🌥 Cloud Matrix
🔹 Short Description
A modern and enhanced Ichimoku-based system designed for Crypto, Forex, and Stock traders.
Cloud Matrix helps identify trends, momentum shifts, and Kumo breakouts with multi-timeframe EMA filters and a visual market summary table.
🧭 Full Description
Cloud Matrix is a next-generation evolution of the classic Ichimoku Cloud — optimized for the dynamic conditions of today’s markets, especially crypto and high-volatility assets.
This indicator combines the visual clarity of Ichimoku with advanced filters, adaptive presets, and built-in signal logic to help traders make more confident trend-based decisions.
⚙️ ✨ Key Features & Innovations
Preset System for Different Markets:
🕊 Traditional (9/26/52) – Standard Ichimoku setup
⚡ Crypto Fast (10/30/60) – Faster response for volatile markets
⚖️ Crypto Medium (20/60/120) – Balanced settings for swing trading
⚙️ Custom – Full manual control over Ichimoku parameters
Higher Timeframe EMA200 Filter:
Optionally apply a 200 EMA filter from a higher timeframe (e.g., 4H, 1D).
Only confirms bullish signals when the price is above the higher TF EMA, and bearish signals when below.
Dynamic Market Summary Table:
A real-time dashboard showing:
Price vs. Cloud position
Cloud twist direction (Span A vs. Span B)
Tenkan/Kijun relation
Chikou position
Higher timeframe EMA200 trend
Built-in Trade Signals & Alerts:
🔔 TK Cross (Tenkan-Kijun crossovers)
☁️ Kumo Breakouts (price breaks above/below the cloud)
Optional “alerts on candle close” to avoid fake intrabar signals.
Enhanced Visuals:
Cloud color auto-adjusts for bullish/bearish sentiment.
Adjustable opacity for better chart visibility.
Signal labels appear directly on the chart for clarity.
📘 How to Use
1️⃣ Add to chart:
Search for “Cloud Matrix ” in TradingView’s Indicators Library.
Works on all timeframes and markets.
2️⃣ Choose a preset:
Traditional – for Stocks/Forex.
Crypto Fast or Crypto Medium – for Crypto or high-volatility assets.
3️⃣ Use the Higher TF Filter:
Enable “Use HTF EMA200 Filter” → set timeframe (e.g., 4H or 1D).
Only take bullish setups when price > EMA200 on HTF, bearish setups when below.
4️⃣ Interpret the signals:
🟢 TK Cross (Bullish): Tenkan crosses above Kijun → potential early uptrend.
🔴 TK Cross (Bearish): Tenkan crosses below Kijun → potential early downtrend.
🌥 Kumo Break (Bullish): Price breaks above the cloud → strong trend confirmation.
🌩 Kumo Break (Bearish): Price breaks below the cloud → strong bearish continuation.
5️⃣ Read the Cloud Matrix Table:
Quickly view trend alignment:
Metric Green Red Gray
Price vs Cloud Above Below Inside
Cloud Twist Bullish Bearish —
Tenkan/Kijun Bullish Bearish —
Chikou Span Above Below —
HTF EMA200 Uptrend Downtrend Off
🌐 Practical Applications
Excellent for trend trading, swing setups, and dynamic support/resistance analysis.
Ideal for confirming directional bias before entering a trade.
Can be combined with RSI, MACD, or Volume indicators for stronger confluence.
Suitable for Crypto, Forex, Indices, and Stocks.
⚠️ Disclaimer
The Cloud Matrix script is provided for educational and analytical purposes only.
It is not financial advice, nor does it guarantee performance or profitability.
All trading decisions are made at your own risk.
Always verify signals with your own analysis and proper risk management.
🙏 Acknowledgments
A heartfelt thank-you to the TradingView community and all the traders who inspire continuous innovation.
Your feedback, ideas, and collaboration help make this tool possible.
If you find Cloud Matrix useful — please give it a like, comment, or share it to help others learn too. 💚
— CongTrader
📅 2025 | Version 1.0 – Open Source Educational Release
🏷️ Suggested Tags
Ichimoku, Cloud, Kumo, Trend, EMA200, Crypto, Forex, Swing, Multi-Timeframe, CongTrader, Educational, Indicator
Alpha-Weighted RSIDescription:
The Alpha-Weighted RSI is a next-generation momentum oscillator that redefines the classic RSI by incorporating the mathematical principles of Lévy Flight. This advanced adaptation applies non-linear weighting to price changes, making the indicator more sensitive to significant market moves and less reactive to minor noise. It is designed for traders seeking a clearer, more powerful view of momentum and potential reversal zones.
🔍 Key Features & Innovations:
Lévy Flight Alpha Weighting: At the core of this indicator is the Alpha parameter (1.0-2.0), which controls the sensitivity to price changes.
Lower Alpha (e.g., 1.2): Makes the indicator highly responsive to recent price movements, ideal for capturing early trend shifts.
Higher Alpha (e.g., 1.8): Creates a smoother, more conservative output that filters out noise, focusing on stronger momentum.
Customizable Smoothing: The raw Lévy-RSI is smoothed by a user-selectable moving average (8 MA types supported: SMA, EMA, SMMA, etc.), allowing for further customization of responsiveness.
Intuitive Centered Oscillator: The RSI is centered around a zero line, providing a clean visual separation between bullish and bearish territory.
Dynamic Gradient Zones: Subtle, colour coded gradient fills in the overbought (>+25) and oversold (<-25) regions enhance visual clarity without cluttering the chart.
Modern Histogram Display: Momentum is plotted as a sleek histogram that changes color between bright cyan (bullish) and magenta (bearish) based on its position relative to the zero line.
🎯 How to Use & Interpret:
Zero-Line Crossovers: The most basic signals. A crossover above the zero line indicates building bullish momentum, while a crossover below suggests growing bearish momentum.
Overbought/Oversold Levels: Use the +25/-25 and +35/-35 levels as dynamic zones. A reading above +25 suggests strong bullish momentum (overbought), while a reading below -25 indicates strong bearish momentum (oversold).
Divergence Detection: Look for divergences between the Alpha-Weighted RSI and price action. For example, if price makes a new low but the RSI forms a higher low, it can signal a potential bullish reversal.
Alpha Tuning: Adjust the Alpha parameter to match market volatility. In choppy markets, increase alpha to reduce noise. In trending markets, decrease alpha to become more responsive.
⚙️ Input Parameters:
RSI Settings: Standard RSI inputs for Length and Calculation Source.
Lévy Flight Settings: The crucial Alpha factor for response control.
MA Settings: MA Type and MA Length for smoothing the final output.
By applying Lévy Flight dynamics, this indicator offers a nuanced perspective on momentum, helping you stay ahead of the curve. Feedback is always welcome!
VKM-RangeTrap-Indicator v1.1VKM-RangeTrap-Indicator v1.1 (AUDCAD M5)
Indicator Name: VKM-RangeTrap-Indicator v1.1
Recommended Timeframe: M5
Example Pair: AUDCAD
Method: VWAP-based range-reversal trading
🧭 Strategy Concept
AUDCAD is known for its narrow daily range and frequent sideways movements, especially during the Asian and early European sessions.
The VKM-RangeTrap strategy takes advantage of this characteristic by using VWAP (Volume Weighted Average Price) and its standard-deviation envelopes (Sigma) to detect temporary overbought and oversold zones.
When the price touches or breaks below the lower VWAP-Sigma band, it indicates a temporary oversold area → BUY signal.
When the price touches or breaks above the upper VWAP-Sigma band, it shows temporary overbought conditions → SELL signal.
A CCI(20) filter can be used to confirm momentum reversal (signals trigger only when CCI crosses the zero line).
⚙️ Basic Configuration
Range Method: VWAP
Sigma (Standard Deviation): 5
Sigma Length: 20
Confirmation Filter: CCI(20)
Signals: Green arrow (BUY) and red arrow (SELL) plotted directly on the chart
💡 Suggested Trading Approach
Timeframe: M5 (M3 if you want denser signals)
Entry Rules:
BUY when a green arrow appears near the VWAP-Lower support zone.
SELL when a red arrow appears near the VWAP-Upper resistance zone.
Take Profit: Use R:R ≈ 1:1.5 or an ATR-based trailing stop.
Stop Loss: Beyond the corresponding VWAP boundary or 10–20 pips away depending on volatility.
Best Conditions: Ranging or balanced markets (Asian session or early London).
📈 Performance on AUDCAD M5
AUDCAD typically moves in a stable 20–40-pip range, making it ideal for VWAP range-based trading.
The indicator performs best in sideways or mild pullback phases within larger trends.
With the CCI filter enabled, false signals are greatly reduced, resulting in steady scalping opportunities.
Suitable for day traders and scalpers aiming to profit from frequent VWAP reversals throughout the day.
⚠️ Notes
This is a range-reversal indicator, not a trend-following system.
Avoid trading during high-volatility news releases when VWAP bands expand sharply.
Can be combined with momentum indicators (ADX, WaveTrend, etc.) for stronger confirmation.
RSI Cross Logic (Buy/Sell Dots)Certainly — here’s a **professionThis indicator identifies high-probability trend reversals by analyzing the psychological rhythm of RSI behavior.
It detects the initial momentum shift when RSI crosses its smoothed average, waits for a natural hesitation phase (a dip or bounce), and confirms reversal only when traders re-commit in the dominant direction.
Green and blue dots mark early bullish formation; aqua triangles confirm Buy signals.
Red and orange dots mark early bearish formation; yellow triangles confirm Sell signals.
A refined blend of momentum confirmation and trader psychology designed to filter noise and pinpoint genuine reversals.
BTC 1h StratUses LuxAlgo-style Support/Resistance levels (pivot-based, with volume break labels).
Adds momentum confirmation (RSI + MACD) to filter fakeouts.Keeps your swing breakout logic (close above swing high / below swing low).
Includes liquidity and TP/SL risk management.
Hourly High Low Short LinesDraws short horizontal lines at the previous hour’s high and low, aligned perfectly with the candle’s top and bottom.
It’s concise, clear, and fits well for the public script description box.
Advanced Multi-EMA System with Dashboard📋 Table of Contents-
Overview
Setup & Installation
Indicator Configuration
Trading Signals
Dashboard Interpretation
Trading Strategy
Risk Management
Advanced Features
🎯 Overview
This comprehensive trading system combines multiple EMA timeframes with advanced market analysis to provide complete market context. It's designed for both swing trading and day trading across all timeframes.
⚡ Setup & Installation
Step 1: Access Pine Script Editor
Open TradingView
Select your preferred chart
Click "Pine Editor" at the bottom of the screen
Remove any existing code
Paste the complete script I provided
Click "Add to Chart"
Step 2: Initial Configuration
pinescript
// Basic Setup:
EMA Type: EMA/TMA/RMA/SMA (default: EMA)
Show EMA 9: ON
Show EMA 21: ON
Show EMA 150: ON
Show EMA 200: ON
⚙️ Indicator Configuration
EMA Types Explained:
EMA (Exponential Moving Average): More weight to recent prices
SMA (Simple Moving Average): Equal weight to all prices
RMA (Relative Moving Average): Modified EMA calculation
TMA (Triangular Moving Average): Double-smoothed average
Recommended Settings:
pinescript
// Day Trading (1-15 min charts):
EMA 9: Fast momentum
EMA 21: Short-term trend
EMA 150: Medium-term trend
EMA 200: Long-term trend
// Swing Trading (1H-4H charts):
Use same lengths but adjust trailing stop parameters
📊 Dashboard Interpretation
Trend Analysis Section:
PRIMARY TREND: EMA 150 vs EMA 200 (Long-term)
SECONDARY TREND: EMA 21 vs EMA 150 (Medium-term)
HTF TREND: 1-hour timeframe context
Score Interpretation:
TREND STRENGTH: -1.0 to +1.0
+0.5 to +1.0: Strong Bullish
0 to +0.5: Mild Bullish
-0.5 to 0: Mild Bearish
-1.0 to -0.5: Strong Bearish
MOMENTUM SCORE: RSI-based
Above +0.2: Bullish momentum
Below -0.2: Bearish momentum
VOLATILITY SCORE: ATR-based
Above 0.5: High volatility (caution)
Below 0.5: Low volatility
Volume Analysis:
VOLUME STRENGTH: Current vs average volume
BUYER/SELLER BALANCE: Cumulative delta calculation
🎯 Trading Signals
Long Entry Conditions:
pinescript
1. EMA 150 crosses ABOVE EMA 200
2. Primary Trend shows BULLISH
3. Trend Strength > 0.3
4. Momentum Score > 0
Short Entry Conditions:
pinescript
1. EMA 150 crosses BELOW EMA 200
2. Primary Trend shows BEARISH
3. Trend Strength < -0.3
4. Momentum Score < 0
Entry Confirmation:
Wait for these additional confirmations:
Price closes above EMA 21 for long entries
Price closes below EMA 21 for short entries
Volume strength confirming the move
💡 Trading Strategy
Bullish Market Setup:
text
OVERALL BIAS: STRONG BULLISH
PRIMARY TREND: BULLISH
SECONDARY TREND: BULLISH
TREND STRENGTH: > 0.5
MOMENTUM: > 0.2
ACTION: Look for long entries on pullbacks
Bearish Market Setup:
text
OVERALL BIAS: STRONG BEARISH
PRIMARY TREND: BEARISH
SECONDARY TREND: BEARISH
TREND STRENGTH: < -0.5
MOMENTUM: < -0.2
ACTION: Look for short entries on bounces
Range-bound Market:
text
OVERALL BIAS: NEUTRAL
TREND STRENGTH: -0.3 to +0.3
ACTION: Avoid trend trades, consider mean reversion
🛡️ Risk Management
Position Sizing:
pinescript
// Conservative:
1-2% risk per trade
// Moderate:
2-3% risk per trade
// Aggressive:
3-5% risk per trade (not recommended)
Stop Loss Placement:
Initial Stops:
Long positions: Below recent swing low or EMA 150
Short positions: Above recent swing high or EMA 150
Trailing Stops:
Uses fast EMA (default: 8-period)
Automatically adjusts as price moves in your favor
Can be disabled in settings
Exit Strategies:
Profit Taking:
Take 50% profit at 1:1 risk-reward ratio
Trail remainder with fast EMA
Emergency Exits:
pinescript
// Long Position Exit:
1. Price rejection at highs (bearish engulfing)
2. EMA 9 crosses below EMA 21
3. Close below trailing stop
4. Trend Strength turns negative
// Short Position Exit:
1. Price rejection at lows (bullish engulfing)
2. EMA 9 crosses above EMA 21
3. Close above trailing stop
4. Trend Strength turns positive
🚀 Advanced Features
Multi-Timeframe Analysis:
The script automatically analyzes the 1-hour timeframe to:
Confirm primary trend direction
Identify higher timeframe support/resistance
Avoid trading against major trend
Volume Analysis:
Institutional Activity Detection:
Unusually high volume on breakouts
Declining volume on pullbacks
Buyer/Seller balance showing dominance
Market Structure Assessment:
Bullish Structure:
Price above all EMAs
Higher highs and higher lows
Strong volume on up moves
Bearish Structure:
Price below all EMAs
Lower highs and lower lows
Strong volume on down moves
📈 Practical Trading Examples
Example 1: Perfect Long Setup
text
DASHBOARD READING:
PRIMARY TREND: BULLISH ✅
SECONDARY TREND: BULLISH ✅
TREND STRENGTH: 0.72 ✅
MOMENTUM: 0.35 ✅
VOLUME: STRONG ✅
BUYER/SELLER: 0.45 ✅
MARKET STRUCTURE: BULLISH ✅
TRADING SIGNAL: LONG SETUP ✅
ACTION: Enter long on pullback to EMA 21
STOP LOSS: Below EMA 150
TARGET: Previous resistance level
Example 2: Avoid This Trade
text
DASHBOARD READING:
PRIMARY TREND: BULLISH ✅
SECONDARY TREND: BEARISH ❌
TREND STRENGTH: 0.15 ❌
MOMENTUM: -0.10 ❌
VOLUME: WEAK ❌
BUYER/SELLER: -0.20 ❌
MARKET STRUCTURE: NEUTRAL ❌
TRADING SIGNAL: NO SIGNAL ✅
ACTION: Stay out - conflicting signals
REASON: Weak momentum, bearish secondary trend
🔧 Customization Tips
For Scalpers (1-5 minute charts):
pinescript
ema9_len: 5
ema21_len: 13
fast_ema_stop_len: 3
For Swing Traders (4H-Daily charts):
pinescript
ema9_len: 9
ema21_len: 21
ema150_len: 50
ema200_len: 200
Color Customization:
You can modify colors in the script:
Change color.green to your preferred bullish color
Change color.red to your preferred bearish color
Adjust transparency with color.new(color, transparency)
❌ Common Mistakes to Avoid
Trading Against Primary Trend
Don't go long when PRIMARY TREND is BEARISH
Don't go short when PRIMARY TREND is BULLISH
Ignoring Risk Levels
HIGH RISK warning means reduce position size
LOW RISK means normal trading conditions
Chasing Entries
Wait for pullbacks in trending markets
Don't FOMO when signal appears late
Overriding the System
Trust the dashboard readings
Don't let emotions override signals
✅ Best Practices
Daily Routine:
Check higher timeframes first
Read dashboard before placing trades
Set alerts for key levels
Trade Management:
Set stops immediately after entry
Monitor trailing stops daily
Take partial profits at targets
Performance Tracking:
Keep trade journal
Review dashboard accuracy
Adjust parameters if needed
🆘 Troubleshooting
Common Issues:
Alerts Not Working:
Check TradingView alert settings
Ensure "Once Per Bar" is selected
Verify you're on real-time data
Dashboard Not Showing:
Check "Show Dashboard" is enabled
Ensure you're viewing latest bar
Try refreshing the chart
Lines Not Plotting:
Verify EMA toggles are ON
Check for sufficient historical data
Ensure script compiled without errors
🎉 Conclusion
This system provides everything you need for professional trading:
✅ Clear entry/exit signals
✅ Comprehensive market analysis
✅ Built-in risk management
✅ Real-time alerts
✅ Multi-timeframe context
Remember: No system is perfect. Always combine with price action analysis and proper risk management.
Breakout an Reversal Signal Detector with Colored in Bar TrendsThe script detects breakouts and/or reversals: when candles close outside the recent period high or low, it prompts a signal, indicating a change in market trend.
You can customize the bar color to indicate trending phases.
It can be used effectively to identify both breakouts and reversals, making it a versatile tool for trend and reversal analysis.
Simple yet effective.
Enjoy!
MarketScope - Cloud + CPR + Pivot PointsMarketScope combines three powerful concepts — trend, bias, and structure — into one all-in-one indicator that helps traders see the market clearly at a glance.
It merges the Ichimoku Cloud, Central Pivot Range (CPR), and Pivot Points into a single visual framework that shows:
Trend Direction → via the Cloud (green = uptrend, red = downtrend).
Market Bias & Balance Zone → via CPR (above = bullish, below = bearish, inside = neutral).
Decision Zones / Reaction Levels → via Pivot Points (R1, R2, S1, S2).
With MarketScope, you can instantly identify:
✅ Trend environment — clear skies or storm clouds
✅ Market bias — who’s in control (buyers or sellers)
✅ Key reaction zones — where price may bounce, reject, or break
JonnyFutures ScalpomaticThis indicator combines Fair Value Gap (FVG) detection with Exponential Moving Average (EMA) signals to help identify potential trade entry points based on market inefficiencies and trend direction.
⚙️ Main Components
1. EMAs
Two EMAs are calculated:
EMA 20 (short-term trend)
EMA 50 (medium-term trend)
ema20 = ta.ema(close, len20)
ema50 = ta.ema(close, len50)
These are plotted on the chart:
Orange line = EMA 20
Purple line = EMA 50
2. Fair Value Gaps (FVGs)
The script looks for gaps in price structure (imbalances):
Bullish FVG → when the high from two bars ago is less than the current bar’s low
→ Indicates a potential bullish inefficiency.
Bearish FVG → when the low from two bars ago is greater than the current bar’s high
→ Indicates a potential bearish inefficiency.
bullishFVG = high < low
bearishFVG = low > high
When found, the background color changes:
Light Green for bullish FVGs
Light Red for bearish FVGs
bgcolor(bullishFVG ? color.new(color.green,90) : na)
bgcolor(bearishFVG ? color.new(color.red,90) : na)
3. EMA Crossover Signals
The script plots visual buy/sell markers when the closing price crosses above or below each EMA:
For EMA 20:
✅ Long signal (triangle up, lime): close crosses above EMA 20
❌ Short signal (triangle down, red): close crosses below EMA 20
For EMA 50:
✅ Long signal (triangle up, aqua): close crosses above EMA 50
❌ Short signal (triangle down, maroon): close crosses below EMA 50
These signals help identify potential trend-following entries or exits.
📈 How to Use It
Trend Confirmation:
Watch the EMAs — if EMA20 > EMA50, the trend is generally bullish; if EMA20 < EMA50, it’s bearish.
FVG Zones:
When a bullish or bearish FVG appears, it highlights potential retracement zones where price may rebalance before continuing the trend.
Entry Timing:
Combine FVGs with EMA cross signals for confluence:
Long bias → bullish FVG + price crossing above EMA 20 or 50.
Short bias → bearish FVG + price crossing below EMA 20 or 50.
🎯 Summary
This indicator:
Detects Fair Value Gaps and shades them visually.
Plots EMA 20 and EMA 50 to define short- and mid-term trends.
Marks entry/exit signals when price crosses these EMAs.
Is designed for trend-following trades with FVG confirmation
Absorption PRO V2
Absorption PRO
Identify smart money absorption and hidden reversals with precision.
The Absorption PRO indicator detects abnormal trading activity and potential absorption zones — moments when large orders absorb market pressure before a reversal or continuation. It uses dynamic volume deviation and candle structure filters to highlight strong absorption areas visually.
⚙️ Parameters
Base period (mean & deviation): 200
Defines the lookback length used to calculate the average and standard deviation of volume.
A higher value (like 200) makes the indicator smoother and better for higher timeframes.
Minimum Z-score (abnormal volume): 2
Sets the threshold for detecting abnormal volume spikes.
The higher this value, the rarer (but stronger) the detected absorption signals.
Small body limit: 0.25
Filters candles with small real bodies compared to their total range — ideal for spotting absorption with high volume and low price movement (classic absorption signature).
Background color intensity (0–100): 85
Adjusts the opacity of the visual background highlight.
Higher values make absorption zones more visible on the chart.
📊 Usage
Look for highlighted bars or zones when volume is abnormally high, but the candle body remains small — indicating possible absorption.
Combine it with price structure and delta/volume profile tools for confirmation.
CRT 4H/1D + FVG + OB (Entry/SL/TP Alerts) — v2.0 Gökhan//@version=5
indicator("CRT 4H/1D + FVG + OB (Entry/SL/TP Alerts) — v2.0", overlay=true, max_labels_count=500, max_lines_count=500)
//──── Inputs
use4H = input.bool(true, "Use 4H CRT")
use1D = input.bool(true, "Use 1D CRT")
needFVG = input.bool(true, "Require FVG confirmation")
useOBfilter = input.bool(false, "Require simple OB filter (prev body mid)")
lookFVGbars = input.int(5, "FVG lookback bars", minval=2, maxval=20)
atrLen = input.int(14, "ATR Length", minval=5)
atrMult = input.float(0.5, "ATR SL buffer (xATR)", step=0.05)
lineW = input.int(2, "Line Width", minval=1, maxval=4)
boxTransp = input.int(85, "Range Box Transparency", minval=0, maxval=100)
showBoxes = input.bool(true, "Show HTF Range Boxes")
showLines = input.bool(true, "Show HTF Lines & 50%")
showPlan = input.bool(true, "Show Entry/SL/TP lines when active")
persistBars = input.int(30, "Keep plan on chart (bars)", minval=5, maxval=500)
//──── Colors
col4H = color.new(color.teal, 0)
col1D = color.new(color.orange, 0)
colUp = color.new(color.lime, 0)
colDn = color.new(color.red, 0)
colMid = color.new(color.gray, 30)
colPlan = color.new(color.blue, 0)
//──── Helpers: previous HTF candle OHLC
f_prevHTF(tf) =>
hh = request.security(symbol=syminfo.tickerid, timeframe=tf, expression=high , gaps=barmerge.gaps_off, lookahead=barmerge.lookahead_off)
ll = request.security(symbol=syminfo.tickerid, timeframe=tf, expression=low , gaps=barmerge.gaps_off, lookahead=barmerge.lookahead_off)
= f_prevHTF("240")
= f_prevHTF("D")
H4_hi = nz(H4_hi_raw)
H4_lo = nz(H4_lo_raw)
D1_hi = nz(D1_hi_raw)
D1_lo = nz(D1_lo_raw)
H4_mid = (H4_hi + H4_lo)/2.0
D1_mid = (D1_hi + D1_lo)/2.0
//──── Local
h = high, l = low, c = close, o = open
//──── CRT: Sweep & Reclaim
H4_upSweep = use4H and (h > H4_hi) and (c < H4_hi) // yukarı süpür → aşağı dönüş
H4_dnSweep = use4H and (l < H4_lo) and (c > H4_lo) // aşağı süpür → yukarı dönüş
D1_upSweep = use1D and (h > D1_hi) and (c < D1_hi)
D1_dnSweep = use1D and (l < D1_lo) and (c > D1_lo)
// Hangi TF tetikledi? Öncelik: 4H sonra 1D (isteğe göre değiştirilebilir)
bearSweep = H4_upSweep or (not H4_upSweep and D1_upSweep)
bullSweep = H4_dnSweep or (not H4_dnSweep and D1_dnSweep)
useH4levels = H4_upSweep or H4_dnSweep
rngHi = useH4levels ? H4_hi : D1_hi
rngLo = useH4levels ? H4_lo : D1_lo
rngMid= useH4levels ? H4_mid: D1_mid
//──── FVG (classic 3-candle)
// Bullish FVG at bar i: low > high
// Bearish FVG at bar i: high < low
f_hasBullFVG(window) =>
ok = false
for i = 0 to window-1
ok := ok or (low > high )
ok
f_hasBearFVG(window) =>
ok = false
for i = 0 to window-1
ok := ok or (high < low )
ok
bullFVG = f_hasBullFVG(lookFVGbars) // yukarı dönüş teyidi
bearFVG = f_hasBearFVG(lookFVGbars) // aşağı dönüş teyidi
//──── Basit OB filtresi (prev body midpoint reclaim)
// Bullish: c > (o +c )/2
// Bearish: c < (o +c )/2
prevMid = (o + c ) / 2.0
bullOBok = c > prevMid
bearOBok = c < prevMid
// Zorunlu teyit seti
bullConfirm = (not needFVG or bullFVG) and (not useOBfilter or bullOBok)
bearConfirm = (not needFVG or bearFVG) and (not useOBfilter or bearOBok)
// Nihai SETUP (yön + teyit)
bearSetup = bearSweep and bearConfirm
bullSetup = bullSweep and bullConfirm
//──── Lines & Boxes
plot(showLines and use4H ? H4_hi : na, "4H High", col4H, lineW, plot.style_linebr)
plot(showLines and use4H ? H4_lo : na, "4H Low", col4H, lineW, plot.style_linebr)
plot(showLines and use4H ? H4_mid: na, "4H 50%", colMid, 1, plot.style_linebr)
plot(showLines and use1D ? D1_hi : na, "1D High", col1D, lineW, plot.style_linebr)
plot(showLines and use1D ? D1_lo : na, "1D Low", col1D, lineW, plot.style_linebr)
plot(showLines and use1D ? D1_mid: na, "1D 50%", colMid, 1, plot.style_linebr)
var box h4Box = na
var box d1Box = na
if showBoxes and barstate.islast
if use4H and not na(H4_hi) and not na(H4_lo)
if na(h4Box)
h4Box := box.new(bar_index-1, H4_lo, bar_index, H4_hi, bgcolor=color.new(col4H, boxTransp), border_color=col4H)
else
box.set_left(h4Box, bar_index-1), box.set_right(h4Box, bar_index)
box.set_bottom(h4Box, H4_lo), box.set_top(h4Box, H4_hi)
if use1D and not na(D1_hi) and not na(D1_lo)
if na(d1Box)
d1Box := box.new(bar_index-1, D1_lo, bar_index, D1_hi, bgcolor=color.new(col1D, boxTransp), border_color=col1D)
else
box.set_left(d1Box, bar_index-1), box.set_right(d1Box, bar_index)
box.set_bottom(d1Box, D1_lo), box.set_top(d1Box, D1_hi)
//──── Entry/SL/TP Plan (stateful)
atr = ta.atr(atrLen)
tick = syminfo.mintick
var bool planActive = false
var bool planBull = na
var float planEntry = na
var float planSL = na
var float planTP1 = na
var float planTP2 = na
var int planBars = 0
// Yeni setup oluştuğunda plan kur
if barstate.isconfirmed
if bearSetup
planActive := true, planBull := false
planEntry := rngHi // retest: prev High
planSL := math.max(high, rngHi) + atrMult*atr
planTP1 := rngMid
planTP2 := rngLo
planBars := 0
label.new(bar_index, high, "CRT BEAR setup Entry≈"+str.tostring(planEntry)+" SL≈"+str.tostring(planSL)+" TP1≈"+str.tostring(planTP1)+" TP2≈"+str.tostring(planTP2),
style=label.style_label_down, color=color.new(colDn,0), textcolor=color.white, size=size.tiny)
if bullSetup
planActive := true, planBull := true
planEntry := rngLo // retest: prev Low
planSL := math.min(low, rngLo) - atrMult*atr
planTP1 := rngMid
planTP2 := rngHi
planBars := 0
label.new(bar_index, low, "CRT BULL setup Entry≈"+str.tostring(planEntry)+" SL≈"+str.tostring(planSL)+" TP1≈"+str.tostring(planTP1)+" TP2≈"+str.tostring(planTP2),
style=label.style_label_up, color=color.new(colUp,0), textcolor=color.white, size=size.tiny)
// Plan takibi
entryTouched = planActive and ((planBull and low <= planEntry) or (not planBull and high >= planEntry))
tp1Hit = planActive and ((planBull and high >= planTP1) or (not planBull and low <= planTP1))
tp2Hit = planActive and ((planBull and high >= planTP2) or (not planBull and low <= planTP2))
slHit = planActive and ((planBull and low <= planSL) or (not planBull and high >= planSL))
if planActive
planBars += 1
// de-activate on exit
if slHit or tp2Hit or planBars > persistBars
planActive := false
// Görsel plan çizgileri
plot(showPlan and planActive ? planEntry : na, "Entry", color.new(colPlan, 0), 2, plot.style_linebr)
plot(showPlan and planActive ? planSL : na, "SL", color.new(color.red, 0), 2, plot.style_linebr)
plot(showPlan and planActive ? planTP1 : na, "TP1", color.new(color.gray, 0), 1, plot.style_linebr)
plot(showPlan and planActive ? planTP2 : na, "TP2", color.new(color.gray, 0), 1, plot.style_linebr)
// İşaretler
plotshape(bearSetup, title="Bear Setup", style=shape.triangledown, location=location.abovebar, size=size.tiny, color=colDn, text="CRT▼")
plotshape(bullSetup, title="Bull Setup", style=shape.triangleup, location=location.belowbar, size=size.tiny, color=colUp, text="CRT▲")
//──── Alerts
alertcondition(bearSetup, title="CRT Setup Ready (Bearish)",
message="CRT Bearish setup ready on {{ticker}} {{interval}} | Entry≈{{plot(\"Entry\")}} SL≈{{plot(\"SL\")}} TP1≈{{plot(\"TP1\")}} TP2≈{{plot(\"TP2\")}}")
alertcondition(bullSetup, title="CRT Setup Ready (Bullish)",
message="CRT Bullish setup ready on {{ticker}} {{interval}} | Entry≈{{plot(\"Entry\")}} SL≈{{plot(\"SL\")}} TP1≈{{plot(\"TP1\")}} TP2≈{{plot(\"TP2\")}}")
alertcondition(entryTouched, title="CRT Retest Filled",
message="CRT Entry retest filled on {{ticker}} {{interval}}")
ICT Smart Money - PremiumCME_MINI:NQ1!
✅ Detecting FVG boxes (green/red) for A+ setups
✅ When price taps back into the FVG, it triggers an entry
✅ Shows the position boxes (green profit zone, red SL zone)
✅ Calculates SL (25-35 points auto or fixed)
✅ Sets TP1, TP2, TP3 based on liquidity levels (swing highs/lows)
✅ Shows labels with entry price, SL in points, and TP levels with R:R
EPS Trendline (Fundamentals Insight by Mazhar Karimi)Overview
This indicator visualizes a company’s Earnings Per Share (EPS) data directly on the chart—pulled from TradingView’s fundamental database—and applies a dynamic linear regression trendline to highlight the long-term direction of earnings growth or decline.
It’s designed to help investors and quantitative traders quickly see how the company’s profitability (EPS) has evolved over time and whether it’s trending upward (growth), flat (stagnant), or downward (decline).
How it Works
Uses request.financial() to fetch EPS data (Diluted or Basic).
You can select whether to use TTM (Trailing Twelve Months), FQ (Fiscal Quarter), or FY (Fiscal Year) data.
The script fits a regression line (using ta.linreg) over a configurable window to visualize the underlying EPS trend.
Updates automatically when new financial data is released.
Inputs
EPS Period: Choose between FQ / FY / TTM
Use Diluted EPS: Toggle to compare Diluted vs. Basic EPS
Regression Window: Adjust how many bars are used to fit the trendline
Interpretation Tips
A rising trendline indicates earnings momentum and potential investor confidence.
A flat or declining trendline may warn of profitability slowdowns.
Combine with price action or valuation ratios (like P/E) for deeper analysis.
Works best on stocks or ETFs with fundamental data (not available for crypto or FX).
Suggestions / Use Cases
Pair with Price/Earnings ratio indicators to evaluate valuation vs. fundamentals.
Use in conjunction with earnings release events for context.
Ideal for long-term investors, swing traders, or fundamental quants tracking financial health trends.
Future Enhancements (Planned Ideas)
🔹 Option to display multiple regression lines (short-term and long-term)
🔹 Support for comparing multiple tickers’ EPS in the same pane
🔹 Integration with Net Income, Revenue, or Free Cash Flow trends
🔹 Add a “Rate of Change” signal for momentum-based EPS analysis
Volume by sanzyVolume by sanzy is a modified volume indicator where the buy and sell volumes on a candle can be seen separately.
Institutional Trend Confirmed PRO The Institutional Trend Confirmed PRO – v2.3 TUNE (Reactive & Strong) is an advanced institutional-grade indicator designed to confirm true trend direction and reversals with precision.
It combines adaptive RSI, ATR, ADX, and volume-delta filters into a single smoothed oscillator that reacts quickly yet remains stable across all timeframes.
The indicator assigns weighted confirmation scores between 0–100 to highlight early institutional flow, trend continuation, and strong reversal zones.
Works best on 30m, 1H, and 4H charts, offering reliable confirmation for swing and intraday traders who need fewer false signals and stronger momentum validation.
Includes optional alert signals when strong confirmation levels are reached.
Range breaking indicatorDescription
Bull/Bear Area Ratio (last N candles) helps identify potential end-of-range situations by analyzing the relative strength of bullish vs bearish candles over a rolling window of N bars.
Instead of simply counting up or down candles, this script measures the "area" of each candle — the absolute distance between open and close, optionally weighted by volume.
By summing these areas over the last N bars, it calculates the percentage of bullish and bearish energy within that period.
When both sides become balanced (near 50/50), it often signals range exhaustion or possible trend transition.
How it works
Calculates the bullish and bearish area of each candle (abs(close - open), optionally × volume).
Maintains rolling buffers of the last N bars to compute running totals.
Plots both Bullish % (green) and Bearish % (red).
Highlights possible range-ending zones when the bullish ratio nears 50% ± threshold.
Displays a label showing the current balance.
Includes an alert condition when equilibrium is detected.
Inputs
Number of candles (N) – Rolling window length.
Use volume weighting – Multiplies each candle’s area by its volume.
Balance threshold (%) – Sensitivity for detecting equilibrium (default: 10%).
Best use
Combine with volume or volatility indicators to confirm market compression or expansion.
Use on higher timeframes (H1, H4, D1) to detect early signs of accumulation or distribution.
Works across all asset types: crypto, forex, stocks, indices, etc.
Alerts
An alert is triggered when:
“The range of the last N candles is balanced (possible end of range).”
RSI Ichimoku🧩 Overview
This all-in-one oscillator combines RSI Divergence Detection, Ichimoku Cloud Logic, and Automatic Trendline Breakout Analysis — all applied directly to the RSI curve.
It helps traders identify momentum shifts, trend reversals, and breakout confirmations from multiple technical perspectives in a single, streamlined pane.
⚙️ Key Features
🔹 1. RSI Divergence Detection
Detects Regular and Hidden Bullish/Bearish divergences.
Customizable lookback windows (Pivot Left / Right) and detection range.
Optional visibility for each divergence type.
Clear on-chart labeling for all divergence signals.
☁️ 2. Ichimoku Cloud Applied to RSI
Overlays a full Ichimoku system (Tenkan, Kijun, Senkou Span A/B, and Chikou Span) directly on the RSI, not on price.
This provides a dynamic way to view momentum trends, support/resistance zones, and RSI-based trend confirmation.
Fully color-customizable Ichimoku components and cloud zones.
📈 3. Trendlines & Breakouts (via HoanGhetti’s Library)
Automatically detects trendlines on RSI pivots using the SimpleTrendlines library.
Highlights breakouts above or below RSI trendlines, signaling potential momentum shifts before they appear on price action.
Optional non-repainting mode (waits for bar confirmation).
Customizable label styles, colors, and widths.
🧠 Why This Indicator?
Traditional RSI tells when momentum is overbought or oversold —
but it doesn’t tell when it’s about to shift direction.
By merging:
Divergence structure (momentum reversal cues),
Ichimoku dynamics (trend direction and equilibrium), and
Trendline breakouts (confirmation triggers),
this tool provides a multi-layered view of market conditions.
It’s designed for swing traders, scalpers, and momentum traders who want early, high-confidence reversal or continuation signals.
🔔 Alerts
Regular & Hidden Bullish/Bearish Divergence Alerts
RSI Trendline Breakout Alerts (Bullish / Bearish)
Use these alerts to catch potential trend shifts even when you’re away from the chart.
🧭 Recommended Use
Apply to RSI timeframe or use a higher timeframe RSI for smoother signals.
Combine with price-based Ichimoku for top-down confirmation.
Watch for RSI cloud flips and trendline breakouts aligning with divergences for high-probability entries.
Multi-Session Range Boxes (Asia, Europe, New York)## What this script does
**Multi-Session ORB (NY / London / Asia) - One Indicator** builds Opening Range Boxes for the three major trading sessions using one unified engine:
- New York session ORB
- London session ORB
- Asia session ORB
It is designed for traders who trade ORB and session-based structure and want all three sessions managed consistently by a single tool, instead of stacking multiple separate indicators.
---
## Core Logic & How It Works
For each enabled session, the script:
1. **Defines a configurable Opening Range window**
- Example defaults:
- NY: 09:30–09:45
- London: 03:00–03:15 (ET)
- Asia: 20:00–20:15 (ET)
2. **Builds the Opening Range**
- During the chosen window, it continuously tracks the highest high and lowest low.
- At the end of the window, that high/low becomes the official ORB for that session.
3. **Draws and extends the ORB box**
- A box is drawn from the start of the ORB window to its end, between the ORB high and low.
- During the user-defined “Extend/Show Until” window for that session, the box is extended in time so you can see how price behaves relative to that fixed opening range.
4. **Detects breakouts**
- During the extension window:
- If price crosses above the ORB high → potential long breakout condition.
- If price crosses below the ORB low → potential short breakout condition.
- These conditions are session-specific (NY, London, Asia) and exposed via alertconditions.
5. **Alerts with structured messages**
- Alerts are provided for:
- NY ORB Breakout UP / DOWN
- London ORB Breakout UP / DOWN
- Asia ORB Breakout UP / DOWN
- Messages are JSON-style, making them easy to integrate with webhooks or bots.
---
## Why this is a single, original tool (not a random mashup)
- Uses **one shared ORB function** to manage all sessions consistently.
- Encodes both:
- Visual structure (session ranges as bands on price).
- Mechanical logic (session-specific breakout signals + automation-ready alerts).
- Focuses specifically on global session ORB behavior in a compact overlay, instead of recreating generic tools or hiding basic code as a closed-source clone.
This makes it:
- Transparent: logic is clearly visible in the code.
- Practical: directly supports ORB traders across NY / London / Asia.
- Distinct: three sessions, one engine, one indicator.
---
## How to Use
1. **Session visualization**
- Enable/disable NY, London, and Asia ranges as needed.
- Use the colored bands to see where current price sits relative to each session’s ORB.
- Default: New York is highlighted in yellow for quick recognition.
2. **Strategy building**
- Use the ORB high/low as key decision levels:
- Trade confirmed breakouts.
- Fade failed breakouts back into the range.
- Track how later sessions interact with earlier session ranges.
3. **Alerts for automation**
- Set alerts on the built-in conditions to:
- Trigger entries in your own system.
- Send signals to a Discord/Telegram/bot via webhooks.
- No extra indicator is required to identify the session or the breakout.
---
## Publication Notes
- Title uses standard ASCII characters, as required.
- Chart for publication should be kept **clean**:
- Candles + this ORB indicator only, or any additional drawings strictly used to illustrate how to read the ranges.
- Description explains:
- What the script does,
- How it does it,
- How traders can use it,
- Why it is a coherent, original tool rather than an arbitrary mashup.
