One Day Momementum - Pradeep BondeThis scripts checks for the previous day where change is < 2% and then checks for today for the change > than the previous close.
This is a one day momentum indicator as mentioned by Pradeep Bone.
Göstergeler ve stratejiler
Relative Price Strength (RPS)Relative Price Strength (RPS) is a technical analysis indicator that measures the performance of a specific symbol relative to a benchmark or "Base Symbol".
(BTT) Asia & London Most Recent High/LowAsia and London session Highs and Lows
Completed version
This Marks out the Asian levels, as well as the London levels for you
You can specify the time frame that you want it to mark out in the settings
Custom Time Frame Background with High-Low🔍 Explanation:
Custom Time Frame Calculation: Converted to minutes, then used with time("xxx") to detect new periods.
New Period Detection: Using ta.change(time("xxx")).
Track High/Low: Variables (var) keep high/low values and reset on each new period.
Background Plotting: Uses bgcolor only during defined custom time frames.
Plot High/Low Lines: Visual representation of range boundaries for each time frame.
✅ Example Use:
Set Custom Hours = 4 → The chart background alternates color every 4 hours.
Displays background and high/low range lines for each custom time period.
If you would like to extend the script further—such as showing only during specific times of day (e.g., market open/close from 9:00 to 16:00)—I can help with that as well. Just let me know.
To make your Pine Script display the background only during custom time frames and also show the high and low values of that period, we need to:
Track the high (high) and low (low) of each custom time frame
Highlight the background only during that specific period
StarsAlignStarsAlign Indicator
The StarsAlign indicator identifies potential buy opportunities by combining three key technical conditions for precise market entry signals. A "BUY" flag is plotted on the chart when:
RSI is below 30, indicating oversold conditions.
Price is at or below the 190-day Simple Moving Average, suggesting a potential support level.
Average True Range (ATR) changes direction, signaling a shift in market volatility.
Features:
Customizable inputs for RSI length, oversold level, moving average period, and ATR length.
Visual "BUY" labels for clear entry signals.
Overlays the 190-day SMA for reference.
Usage:
Ideal for traders seeking confluence in oversold conditions, trend support, and volatility shifts. Apply to any timeframe or market, and adjust parameters to suit your strategy. Always combine with other analysis for best results.
EMA Color Candle Volume + Dashboard with TP/SLMain Features
Buy/Sell Signals from EMA Crossover
This indicator uses a short-term EMA, a long-term EMA, and an average EMA to identify points where the short-term EMA crosses above or below both the long-term and average EMAs. These crossover points act as buy or sell signals.
Candle Colors Based on Volume Pressure
The indicator changes the color of the candlesticks based on buying and selling pressure calculated from trading volume. There are four main colors that indicate the strength of buying or selling pressure for each candle:
Blue: High buying volume – Green candle with volume above the average
Green: Normal buying volume – Green candle with volume at or below the average
Red: Normal selling volume – Red candle with volume at or below the average
Orange: High selling volume – Red candle with volume above the average
Volume Pressure Calculation
The calculation does not separate volume by price level (e.g., delta volume). Instead, it uses the total volume of each candle and derives pressure from the candle color:
If the candle is green (Close > Open): It’s considered "buy pressure", assigning 0.7 weight to buying and 0.3 to selling
If the candle is red (Close < Open): It’s considered "sell pressure", assigning 0.7 weight to selling and 0.3 to buying
Then, a 20-period SMA is calculated to compare with the current buy/sell pressure.
BUY/SELL Labels with Volume
When enabled, a “BUY” or “SELL” label will appear on the candle along with the trading volume.
You can choose the label size (small, medium, large) for better display visibility.
Repaint System (Toggle On/Off)
You can choose whether the EMA calculations update in real-time (may repaint) or use the previous candle’s data for more stable signals.
Trend Zone Highlight
The background of the chart will turn light green or light red based on EMA trend direction, helping to visualize market trends more clearly.
Automatic Alerts
Alerts are triggered instantly when a buy or sell signal occurs.
Heatmap, TP, SL, and How to Use
1. Heatmap (Status Dashboard)
A table summarizing the current market conditions, divided into 4 main components:
Signal: EMA signal – BUY / SELL / NEUTRAL
Trend: Trend status – UPTREND / DOWNTREND / SIDEWAYS
Volume: Volume strength – Represented by 4 colors based on candle color
Green (Buy) — Normal buying volume
Blue (Buy High) — Stronger-than-average buying volume
Red (Sell) — Normal selling volume
Orange (Sell High) — Stronger-than-average selling volume
This helps provide detailed insight into market pressure and improves trend analysis accuracy.
TP/SL: Take Profit and Stop Loss from Predefined Percentages
Each box’s background changes color based on status, making the overall picture clearer.
2. TP (Take Profit)
Price level where profit is expected to be taken, based on a predefined percentage (default is 1.5%)
Example: If current Close = 100, TP = 100 + (1.5%) = 101.5
Note: TP is a guideline only and not guaranteed to be reached.
3. SL (Stop Loss)
Price level for cutting losses if the price moves against the trade direction.
Calculated from Close - a predefined percentage (default is 0.7%)
Helps reduce risk and control loss within acceptable limits.
4. How to Use
Add this indicator to your price chart
Look for entry points using EMA signals, candle colors, and BUY/SELL labels
Check the Heatmap at the top-right for signals, trend status, volume strength, and TP/SL
Use the TP/SL prices from the Heatmap to place your orders in your trading platform
Adjust the TP/SL percentages in the settings according to your trading style
Enable alerts to avoid missing trade opportunities
[PH] Consensus × Heikin Ashi Bridge(Set 2/2)📘 Consensus × Heikin Ashi Bridge (Set 2/2)
This indicator compares a Renko-based Consensus Line with a dynamic Heikin-Ashi lower bound (DynLower) derived from 3 multi-timeframe Heikin-Ashi structures.
The difference (gap) between these two price structures is visualized using vertical Bridge Lines, helping traders identify trend continuation, weakening momentum, or potential reversals.
✳️ Key Features
✅ Consensus Line – Calculated from multiple Renko box sizes, representing dominant price agreement
✅ DynLower Line – Adaptive lower/upper Heikin-Ashi structure, smoothing market dynamics across 3 timeframes
✅ Bridge Lines – Visually links the two structures to highlight relative displacement
✅ Gap Dynamics – Observes widening (trend strength) and narrowing (potential exhaustion)
📈 How to Use
When the gap widens, it may indicate increasing trend momentum
When the gap contracts, it can suggest consolidation or reversal risk
Use this script in conjunction with volume, price action, or momentum indicators for confirmation
⚠️ This is a support tool, not a signal generator.
Best used with confluence from other technical methods.
📎 Disclaimer
This script is not financial advice and does not guarantee performance or profits.
All trading decisions are the sole responsibility of the user.
Please backtest thoroughly and ensure alignment with your risk strategy before live trading.
[PH] Consensus and Heikin Ashi Bridge(Set 1/2)
** Consensus and Heikin Ashi Bridge (Set 1/2)**
This indicator compares a Renko-based **Consensus Line** with a multi-timeframe Heikin-Ashi midpoint called **ovMid2 (p2)**.
It visualizes the gap between them using **Bridge Lines**, helping identify potential **trend continuations or reversals**.
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✳️ Key Features
- ✅ **Consensus Line** – A dynamic trend line calculated from multiple Renko box sizes
- ✅ **ovMid2 (p2)** – A midpoint derived from the high/low structure of three Heikin Ashi timeframes
- ✅ **Bridge Line** – Visualizes the gap (divergence) between Consensus and ovMid2
- ✅ **Gap Dynamics** – Highlights the widening (trend strength) or narrowing (reversal risk) of the gap
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📈 How to Use
If the gap **continues to widen** → possible **trend continuation**
If the gap **suddenly narrows** → potential **pullback or reversal**
The bridge lines offer a clear and intuitive view of structural divergence between the two price frameworks
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⚠️ This script does **not generate standalone trading signals**.
It is best used as a **supporting tool** in conjunction with other indicators or strategies.
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**Disclaimer**
This script does **not provide financial advice or guaranteed returns**.
All trading decisions are the sole responsibility of the user.
Please **backtest thoroughly** before using it in a live environment.
*Use at your own risk. No guarantees or recommendations are made.*
dodoThis indicator spots potential price reversals by combining Cumulative Volume Delta (CVD), price movement, Bollinger Bands, and CCI. It signals:
Bullish reversals when a downtrend weakens, the price touches the lower 30-minute Bollinger Band, and CCI is oversold (< -150).
Bearish reversals when an uptrend weakens, the price touches the upper 30-minute Bollinger Band, and CCI is overbought (> 150)
Elev8+ Reversal Indicator🔁 Elev8+ Reversal Indicator with DI Std Dev Filter
The Elev8+ Reversal Indicator is a powerful, non-repainting tool designed to detect high-probability reversal points by combining smart money concepts, volume dynamics, and directional movement index (DI) filters with statistical validation. It’s optimized for both scalping and swing trading across all timeframes.
✅ Key Features:
🔹 Multi-Layered Reversal Logic:
The indicator uses three distinct reversal detection engines that combine price action, volume, and market structure to identify institutional-grade turning points:
Liquidity Sweeps & Breakouts – Detects breakouts or traps based on volume extremes (low-volume sweeps vs high-volume breakouts).
Liquidity Grabs + Break of Structure (BOS) – Identifies aggressive wicks at Bollinger Band extremes, followed by structure shifts.
Liquidity Grabs + RSI Confirmation – Finds exhaustion moves outside Bollinger Bands with RSI confluence for precision reversal calls.
🔹 Smart DI Filter with Statistical Edge:
Incorporates +DI and -DI filters with a 2-standard deviation confirmation to filter only high-momentum, high-confidence setups. Signals only appear when:
+DI or -DI significantly diverge from their average behavior
And they exceed upper/lower ADX thresholds, indicating meaningful trend exhaustion or reversal momentum
🔹 Signal Strength Filter:
Final buy/sell signals are only triggered when at least 2 out of 3 conditions align, plus the DI filter confirms strength—dramatically reducing false signals.
🎯 Ideal For:
Traders seeking early and accurate reversal entries
Those following Smart Money Concepts (SMC) or volume-based strategies
Anyone wanting a statistically-filtered edge using real-time price and volume behavior
⚙️ Fully Customizable:
Adjustable ADX thresholds, DI standard deviation filters
RSI and Bollinger Band settings for each detection method
Ideal for 1-minute to daily charts
Note: This indicator does not repaint and all signals are plotted on the confirmed candle close. It's a reliable tool for traders aiming to catch real reversals—not noise.
MA Cloud with Custom MAs, RSI, Trendlines and S&R [deepakks444]Overview
This indicator combines an EMA-based cloud, customizable moving averages, RSI with divergence detection, trendlines, and support/resistance levels to provide a comprehensive tool for identifying buy and sell opportunities. Designed for trend-following and momentum-based strategies, it generates clear entry/exit signals, visualizes key market levels, and tracks performance statistics, making it suitable for stocks, forex, cryptocurrencies, and other markets.
Originality and Component Integration
The indicator’s originality lies in its synergistic integration of multiple technical analysis tools to create a robust, multi-faceted system. Unlike single-indicator tools, it combines:
EMA Cloud: Captures short-term momentum for immediate trend insights.
Moving Averages: Confirm broader trend direction with customizable periods.
RSI with Divergence: Detects momentum shifts and potential reversals.
Trendlines: Highlights dynamic support/resistance for breakout signals.
Support/Resistance: Marks static price zones for context.
These components were merged to:
Enhance Reliability: Requiring confluence (e.g., green cloud, MA crossover, and volume surge) reduces false signals.
Adapt to Market Conditions: The mix of trend-following (MAs, trendlines) and momentum (cloud, RSI) tools ensures versatility across trending or ranging markets.
Improve Visualization: Colored clouds, trendlines, and labeled zones simplify complex market dynamics.
Support Decision-Making: Performance metrics and alerts enable data-driven trading.
This unique combination offers traders a holistic view of price action, momentum, and key levels, distinguishing it from standard indicators like basic RSI or MA crossovers.
Usage
Apply the indicator to a chart and adjust settings to match your trading style. Signals are marked with "L" (buy) or "S" (sell) labels. Use the EMA Cloud’s color, MA alignment, and trendline/support-resistance breakouts to confirm trades. Set alerts for RSI, breakouts, or signals to stay informed.
Features
EMA Cloud: Plots a green (bullish), red (bearish), or yellow (neutral) band based on price versus short-term EMAs.
Moving Averages: Short (20-period), medium (50-period), and long-term (200-period) MAs with customizable types and crossover signals.
RSI Panel: Displays RSI with smoothing, Bollinger Bands, and divergence labels for overbought/oversold conditions.
Trendlines: Draws short-, medium-, and long-term lines connecting pivot highs/lows, with breakout alerts.
Support/Resistance: Visualizes key price zones as boxes, with breakout/retest labels.
Performance Table: Shows total trades and win rate for strategy evaluation.
Alerts: Notifies for RSI thresholds, breakouts, retests, divergences, and signals.
Settings
EMA Cloud: Adjust EMA length (default: 9) and volume MA period (default: 20).
Moving Averages: Set periods (20, 50, 200) and types (SMA, EMA, WMA).
RSI: Configure period (default: 14), bands (40/60), and smoothing.
Trendlines: Modify pivot lookback and minimum touches (default: 3).
Support/Resistance: Adjust lookback period for pivot detection.
Signal Logic
Buy Signal: Triggered when at least one condition is met:
Green EMA Cloud.
Short-term MA crosses above medium-term MA or is above it.
Price breaks above medium/long-term resistance trendline.
Confirmed by price above 9-period EMA and volume above 20-period MA.
Sell Signal: Triggered when:
Red EMA Cloud.
Short-term MA crosses below medium-term MA or is below it.
Price breaks below medium/long-term support trendline.
Confirmed by price below 9-period EMA and volume above 20-period MA.
Exits: Close buy when price falls below 9-period EMA; close sell when price rises above it.
Notes
Best used on higher timeframes (e.g., 4H, daily) for reliable signals.
Test thoroughly before live trading, as signals are for reference only.
Credits: Open-source code/libraries were used.
Limitations: May produce fewer signals in choppy markets; adjust settings for sensitivity.
Disclaimer
Signals are not guaranteed to be profitable. Backtest and validate before use in live trading.
🔔 Open Range Breakout Pro – Dashed Line FixedOpen Range Breakout Pro – Midpoint + Alerts
This advanced indicator captures the first 5-minute open range after the session begins and unlocks powerful intraday levels based on that structure. It’s ideal for traders looking to trade range breakouts, mean reversion, or high-volume trend confirmations.
🔍 What it does:
Locks in the first 5-min candle high/low after market open
Plots the upside and downside targets
Dynamically shows the range midpoint
Optional extension levels at 1.5x and 2x the opening range
Highlights breakouts with conditional background colors
Includes volume confirmation toggle to filter weak moves
Auto-resets daily for clean reinitialization
Compatible with stocks, futures, and crypto
🛎️ Built-in Alerts:
📈 Price crosses above high
📉 Price crosses below low
🔁 Price returns into the range
📦 Fully customizable and optimized for both discretionary and alert-based trading systems.
Boysey's Session Open Markers [Customizable]🚀 Boysey's Market Session Open Markers 🚀
Unlock crystal-clear insights with this sleek and simple script that highlights the exact open times for the Asian, London, and New York sessions — plus the powerful New York macro session!
Designed for traders who crave clarity, precision, and full customization. Easily tailor colors and visibility to match your style and watch your chart come alive with these essential market markers.
Get ready to trade smarter with this ultimate session open indicator!
Rotationt Strong Holders
### Rotation Strong Holders
Mean Reversion Indicator with Volatility-Adjusted Levels and Beta Coefficient
CONCEPT:
The indicator is based on the *"Mean Reversion"* theory, which posits that asset prices eventually return to their long-term average value. The greater the deviation from this mean, the higher the probability of correction.
Unlike classical approaches that simply assume "the larger the deviation, the stronger the reversion," we've identified key threshold levels where the probability of reversion spikes dramatically, generating high-confidence reversal signals.
Through extensive testing, we discovered that different stocks exhibit varying volatility profiles, making fixed thresholds ineffective. Our indicator dynamically adjusts overbought/oversold zones using:
- Beta coefficient (asset's sensitivity to market volatility)
- Multi-timeframe trend analysis (higher TF trend confirmation)
- Adaptive moving averages (12 MA types available)
---
### USAGE
The indicator identifies three key zones :
1. Red (Upper) – Overbought zone, likely price reversal downward
2. Blue (Middle) – Equilibrium zone, fair value range
3. Green (Lower) – Oversold zone, probable upward bounce
Signals:
- Buy: When the blue line crosses upward near the green zone
- Sell: When the blue line crosses downward near the red zone
---
### SETTINGS
Main Parameters:
- `Source` – Price source (default: close)
- `Moving Average Type` – 12 MA variants (incl. VAMA, JMA, HMA)
- `Fast/Slow Length` – Periods for fast/slow MAs
Beta Calculation:
- `Benchmark Index` (SPX, NDX, DJI) – Volatility comparison index
- `Beta Calculation Length` – Lookback period (default: 252 days)
Additional Settings:
- `Color bars` – Trend-based candle coloring
- `Show Histogram/Lines` – Toggle visualization elements
- `Higher Timeframe Trend` – Enable/disable HTF analysis
---
Multi-Timeframe Analysis:
- Seamless integration with higher timeframes (manual/auto)
- Filters false signals using HTF trend confirmation
Adaptive MAs:
12 MA types including:
- VAMA (volatility-adjusted)
- JMA (trend-adaptive)
Limitations:
- May generate false signals on:
✓ Extreme trend stocks (e.g., NVDA during AI chip boom)
✓ Bankruptcy-risk companies
- Not optimized for:
✓ Index trading
✓ Healthcare sector stocks
Bollinger EMA20 + EMA200 + VWAP + WMA50 + Nube Cruceindicator("Bollinger EMA20 + EMA200 + VWAP + WMA50 + Nube Cruce", overlay=true)
MSTR vs BTCUSD % Movement ComparisonThe indicator, in its current form, is a custom Pine Script (version 6) tool named "MSTR vs BTCUSD % Movement Comparison" that visually compares the percentage price movements of MicroStrategy (MSTR) and Bitcoin (BTCUSD) over a user-defined lookback period. It plots the difference in their percentage changes (diff_pct = mstr_pct - btcusd_pct) as a line, with a zero line for reference, and uses green/red coloring to indicate whether MSTR is outperforming (green, above zero) or underperforming (red, below zero) BTCUSD. The area between the difference line and zero line is filled with semi-transparent green or red for clarity. Additionally, an adjustable-period Exponential Moving Average (EMA) of the percentage difference smooths the trend, helping identify momentum shifts. The indicator is fixed to compare MSTR and BTCUSD, ensuring consistent output regardless of the chart’s active symbol (e.g., MSTR, MTPLF, or others).
Key Features:
Percentage Difference: Shows MSTR’s percentage change minus BTCUSD’s, highlighting relative performance.
Zero Line: A gray solid line at 0 for reference.
Color Coding: Green line/fill when MSTR outperforms, red when it underperforms.
Adjustable EMA: User-defined EMA period (default: 26) smooths the percentage difference.
Fixed Comparison: Always compares MSTR vs. BTCUSD, unaffected by the chart’s symbol.
User Inputs: Lookback period (default: 50 bars) and EMA period (default: 26) are customizable.
Example: On a 1-hour chart, if MSTR rises 4% and BTCUSD rises 1% over 50 bars, the difference line plots at +3 (green) with green fill, and the 26-period EMA might be at +2.2, indicating MSTR’s outperformance trend.
CQ_MTF Target Price Lines [BitCoin Hoy]This script is dedicated to Esteban Pérez, host and creator of Youtube Channel "Bitcoin Hoy".
The idea behind this indicator is his daily sugestion of having a notebook to write down the Intraday, 4H, Daily and Weekly calculated target prices. All the community in his channel will find this script helpful.
After typing in the target prices, they'll be shown on the chart.
Thank you very much Esteban!
Professional Breakout ChecklistThe " Professional Breakout Checklist Indicator " designed to automate and visually represent the stringent criteria for high-probability breakout trade entries. This indicator transforms a manual checklist into a dynamic, chart-based system, leveraging TradingView's robust charting and custom indicator capabilities .
At its core, the indicator systematically identifies consolidation phases, which are crucial precursors to genuine breakouts. It achieves this by calculating the range of price action over a user-defined lookback period and comparing it to a multiple of the Average True Range (ATR), a measure of market volatility. When price tightens within this calculated range, the indicator visually shades the consolidation zone on the chart, signaling potential accumulation or distribution.
For a breakout to be considered valid, the indicator demands specific volume and volatility confirmation. It calculates the average volume over a set period and only triggers a signal if the breakout candle's volume significantly exceeds this average—specifically, 1.5 times the mean volume. This ensures that the price movement has strong conviction and institutional interest behind it, filtering out weak or false breakouts.
The breakout trigger mechanism is precise, requiring the breakout candle to close not just beyond the detected support or resistance, but by a user-specified number of "clearance ticks." This addresses the need to avoid noise and confirm the true breach of a level. Upon a confirmed breakout, the indicator immediately calculates and plots a suggested risk-reward setup. This includes a stop-loss level, derived from the ATR, and a take-profit target that adheres to a minimum 2:1 reward-to-risk ratio. These visual cues assist traders in defining their risk exposure and potential gains before entry.
Furthermore, the indicator integrates crucial market context by offering an optional trend filter, typically a 50-period Exponential Moving Average (EMA). This ensures that breakout signals align with the broader market direction, enhancing probability.
Beyond these core checklist items, the indicator incorporates professional enhancements. It provides an option to wait for retest confirmation, a strategy often employed by seasoned traders where price retests the breakout level before continuing its move, offering a potentially safer entry point. Additionally, a false breakout filter assesses the quality of the breakout candle, prioritizing those with strong bodies and minimal wicks, which are less likely to be "trap" moves.
The indicator is displayed directly on the chart, using visual cues such as shaded consolidation boxes, distinct shapes for bullish/bearish entry signals, and plotted lines for stop-loss and take-profit targets. Its design enables traders to efficiently analyze setups, confirm adherence to their trading plan, and receive timely alerts for potential opportunities, streamlining the decision-making process within the dynamic trading environment of TradingView
VWAP/VOL [Extension] | FractalystWhat's the indicator's purpose and functionality?
The VWAP/VOL Extension is designed specifically as a bias identification system for the Quantify Trading Model.
This extension uses volume-weighted average price analysis combined with institutional volume classification to automatically detect market bias without requiring optimization periods that lead to overfitting.
The system provides real-time bias signals (bullish/bearish/neutral) that integrate directly with Quantify's machine learning algorithms, enabling institutional-level backtesting and automated entry/exit identification based on genuine market structure rather than curve-fitted parameters.
How does this extension work with the Quantify Trading Model?
The VWAP/VOL Extension serves as the bias detection engine for Quantify's automated trading system.
Instead of manually selecting bias direction, this extension automatically identifies market bias using:
- Volume-weighted VWAP analysis with three-state detection (bullish/bearish/neutral)
- Institutional volume classification using relative volume thresholds without optimization
- Non-repainting architecture ensuring consistent bias signals for Quantify's machine learning
The extension outputs bias signals that Quantify uses as input through the `input.source()` function, allowing the Trading Model to focus on optimal entry/exit timing while the extension handles bias identification.
Why doesn't this use optimization periods like other indicators?
The VWAP/VOL Extension deliberately avoids optimization periods to prevent overfitting bias that destroys out-of-sample performance. The system uses:
- Fixed mathematical thresholds based on market structure principles rather than optimized parameters
- Relative volume analysis using standard 2.0x/0.5x ratios that work across all market conditions
- VWAP distance calculations based on percentage thresholds without curve-fitting
- Gap enforcement using fixed 5-bar minimums for disciplined bias detection
This approach ensures the bias signals remain robust across different market regimes without the performance degradation typical of over-optimized systems.
Can this extension be used independently for discretionary trading?
No, the VWAP/VOL Extension is specifically engineered to work as a component within the Quantify ecosystem. The extension is designed to:
- Provide bias input for Quantify's machine learning algorithms
- Enable automated backtesting through systematic bias identification
- Support institutional-level analysis when combined with Quantify's ML entry model
Using this extension independently would miss the primary value proposition of systematic entry/exit optimization that Quantify provides.
The extension handles bias detection so Quantify can focus on probability-based trade timing and risk management.
How does this enable institutional-level backtesting?
The extension transforms discretionary bias identification into systematic institutional analysis by:
- Eliminating subjective bias selection through automated VWAP/volume analysis
- Providing consistent historical signals with non-repainting architecture for accurate backtesting
- Integrating with Quantify's algorithms to identify optimal entry patterns based on objective bias states
- Enabling performance analysis across multiple market regimes without optimization bias
This combination allows Quantify to run institutional-grade backtests with consistent bias identification, generating reliable performance statistics and risk metrics that reflect genuine market edge rather than curve-fitted results.
How do I integrate this with the Quantify Trading Model?
Integration enables institutional-grade systematic trading through advanced machine learning and statistical validation:
- Add both VWAP/VOL Extension and Quantify Trading Model to your chart
- Select VWAP/VOL Extension as the bias source using input.source()
- Quantify automatically uses the extension's bias signals for entry/exit analysis
- The built-in machine learning algorithms score optimal entry and exit levels based on trend intensity, volume conviction, and market structure patterns identified by the extension
The extension handles all bias detection complexity while Quantify focuses on optimal trade timing, position sizing, and risk management along with PineConnector automation
What markets and assets does the VWAP/VOL Extension work best on?
The VWAP/VOL Extension performs optimally on markets with consistent, high-volume participation since the system relies on institutional volume analysis for bias detection. Futures markets provide the most reliable performance due to their centralized volume data and continuous institutional participation.
Recommended Futures Markets:
- ES (S&P 500 E-mini) - Over 2 million contracts daily volume, excellent liquidity depth
- NQ (NASDAQ-100 E-mini) - Around 600,000 contracts daily, strong tech sector representation
- YM (Dow Jones E-mini) - Consistent institutional flow and volume patterns
- RTY (Russell 2000 E-mini) - Small-cap exposure with reliable volume data
- GC (Gold Futures) - High volume commodity with institutional participation
- CL (Crude Oil Futures) - Energy sector representation with strong volume consistency
Why Futures Markets Excel:
- Futures markets provide centralized volume reporting, ensuring the extension's volume classification system receives accurate institutional participation data. The standardized contract specifications and continuous trading hours create consistent volume patterns that the extension's algorithms can analyze effectively.
Acceptable Timeframes and Portfolio Integration:
- Any timeframe that can be evaluated within Quantify Trading Model's backtesting engine is acceptable for live trading implementation.
The extension is specifically designed to integrate with Quantify's portfolio management system, allowing multiple strategies across different timeframes and assets to operate simultaneously while maintaining consistent bias identification methodology across the entire automated trading portfolio.
Legal Disclaimers and Risk Acknowledgments
Trading Risk Disclosure
The VWAP/VOL Extension is provided for informational, educational, and systematic bias detection purposes only and should not be construed as financial, investment, or trading advice. The extension provides volume-weighted institutional analysis but does not guarantee profitable outcomes, accurate bias predictions, or positive investment returns.
Trading systems utilizing bias detection algorithms carry substantial risks including but not limited to total capital loss, incorrect bias identification, market regime changes, and adverse conditions that may invalidate volume-based analysis. The extension's performance depends on accurate volume data, TradingView infrastructure stability, and proper integration with Quantify Trading Model, any of which may experience data errors, technical failures, or service interruptions that could affect bias detection accuracy.
System Dependency Acknowledgment
The extension requires continuous operation of multiple interconnected systems: TradingView charts and real-time data feeds, accurate volume reporting from exchanges, Quantify Trading Model integration, and stable platform connectivity. Any interruption or malfunction in these systems may result in incorrect bias signals, missed transitions, or unexpected analytical behavior.
Users acknowledge that neither Fractalyst nor the creator has control over third-party data providers, exchange volume reporting accuracy, or TradingView platform stability, and cannot guarantee data accuracy, service availability, or analytical performance. Market microstructure changes, volume reporting delays, exchange outages, and technical factors may significantly affect bias detection accuracy compared to theoretical or backtested performance.
Intellectual Property Protection
The VWAP/VOL Extension, including all proprietary algorithms, volume classification methodologies, three-state bias detection systems, and integration protocols, constitutes the exclusive intellectual property of Fractalyst. Unauthorized reproduction, reverse engineering, modification, or commercial exploitation of these proprietary technologies is strictly prohibited and may result in legal action.
Liability Limitation
By utilizing this extension, users acknowledge and agree that they assume full responsibility and liability for all trading decisions, financial outcomes, and potential losses resulting from reliance on the extension's bias detection signals. Fractalyst shall not be liable for any unfavorable outcomes, financial losses, missed opportunities, or damages resulting from the development, use, malfunction, or performance of this extension.
Past performance of bias detection accuracy, volume classification effectiveness, or integration with Quantify Trading Model does not guarantee future results. Trading outcomes depend on numerous factors including market regime changes, volume pattern evolution, institutional behavior shifts, and proper system configuration, all of which are beyond the control of Fractalyst.
User Responsibility Statement
Users are solely responsible for understanding the risks associated with algorithmic bias detection, properly configuring system parameters, maintaining appropriate risk management protocols, and regularly monitoring extension performance. Users should thoroughly validate the extension's bias signals through comprehensive backtesting before live implementation and should never base trading decisions solely on automated bias detection.
This extension is designed to provide systematic institutional flow analysis but does not replace the need for proper market understanding, risk management discipline, and comprehensive trading methodology. Users should maintain active oversight of bias detection accuracy and be prepared to implement manual overrides when market conditions invalidate volume-based analysis assumptions.
Terms of Service Acceptance
Continued use of the VWAP/VOL Extension constitutes acceptance of these terms, acknowledgment of associated risks, and agreement to respect all intellectual property protections. Users assume full responsibility for compliance with applicable laws and regulations governing automated trading system usage in their jurisdiction.
RSI+MFI+RVI+stoch+BBAn indicator that displays five technical indicators in one code.
The technical indicators are:
RSI, MFI, RVI, Stoch, and BB.
Bias Bar Coloring + Multi-Timeframe Bias Table + AlertsMulti-Timeframe Bias Bar Coloring with Alerts & Table
This indicator provides a powerful, visual way to assess price action bias across multiple timeframes—Monthly, Weekly, and Daily—while also coloring each bar based on the current chart’s bias.
Features:
Persistent Bar Coloring: Bars are colored green for bullish bias (close above previous high), red for bearish bias (close below previous low), and persist the last color if neither condition is met. This makes trend shifts and momentum easy to spot at a glance.
Bias Change Alerts: Get notified instantly when the bias flips from bullish to bearish or vice versa, helping you stay on top of potential trade setups or risk management decisions.
Multi-Timeframe Bias Table: A table anchored in the top right corner displays the current bias for the Monthly, Weekly, and Daily charts, color-coded for quick reference. This gives you a clear view of higher timeframe context while trading any chart.
Consistent Logic: The same objective bias logic is used for all timeframes, ensuring clarity and reliability in your analysis.
How to Use:
Use the bar colors for instant visual feedback on trend and momentum shifts.
Watch the top-right table to align your trades with higher timeframe bias, improving your edge and filtering out lower-probability setups.
Set alerts to be notified of bias changes, so you never miss a potential opportunity.
This tool is ideal for traders who value multi-timeframe analysis, want clear visual cues for trend direction, and appreciate having actionable alerts and context at their fingertips.
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