Şimdi başlat

Pivot noktaları ve seviyeleri

CISD + Fractals - Milana TradesThe CISD (Change in State of Delivery ) is a precision-engineered tool for identifying structural shifts within price action. It algorithmically detects when price transitions from one swing direction to another — providing objective confirmation of market structure breaks that often precede trend reversals. By mapping swing highs and lows, and visually marking breakpoints through CISD signals, this indicator enables traders to see the market’s internal structure in real time, without noise or subjective interpretation. ⚙️ Core Logic The CISD algorithm uses a fractals-based structure recognition system to define market swings (high/low) and monitor for structural breaches. Swing Identification Using a configurable Pivot Strength parameter, the indicator detects significant local highs and lows based on price symmetry. These pivots form the foundation of short-term and long-term structural reference points. Execution Logic Once a CISD is detected, the script dynamically projects a horizontal reference line at the validated structural level and plots a clear label (+CISD or –CISD) at the break location. This provides an immediate, unobtrusive visualization of key structural events. Visualization & Styling The CISD interface is built for clarity and adaptability across all charting environments. All stylistic parameters are fully customizable: Pivot Strength – Sensitivity of swing identification Fractal Visibility – Optional visualization of pivot origins Bullish/Bearish Color Schemes – Independent line and text coloration Line Style & Thickness – Adjustable for chart clarity Label Size – Four-tier sizing (Tiny to Large) for multi-timeframe readability Each CISD line maintains the context of structural order flow, allowing traders to visually differentiate active structure levels from historical breakpoints. Alert System The indicator integrates a fully functional alert module for automated market monitoring: Any CISD – Alerts when any structural break occurs Bullish CISD Formed – Alerts on bullish market structure shifts Bearish CISD Formed – Alerts on bearish market structure shifts These can be used for manual trade confirmation, smart alerts, or automated trading system triggers.
Pine Script® göstergesi
MilanaArsenovna tarafından
5
Lakshman Rekha [CSN]Indicator Name: Lakshman Rekha Description: Lakshman Rekha is a powerful and intelligently designed indicator that automatically identifies Support and Resistance levels using advanced mathematical algorithms based on the Gann Fortune methodology. It dynamically calculates and plots Daily, Weekly, Monthly, and Yearly levels to help traders recognize crucial price zones, potential reversal areas, and breakout points with exceptional accuracy. This indicator seamlessly integrates the Gann Fortune Algorithm with the Relative Strength Index (RSI) and the Simple Moving Average (SMA) to deliver a well-structured and reliable trading system. It uses the following configurations on a 5-minute timeframe: SMA (14-period) RSI (10-period) Trading Approach: In Nifty, traders are advised to book profits after a 60-point move or apply a trailing stop to capture extended trends. In Bank Nifty, the recommended target or trailing level is 100 points for optimal trade management. Lakshman Rekha offers traders a balanced combination of algorithmic precision, technical confluence, and price-action reliability. We are providing free access to this indicator, allowing users to test, experience, and contribute valuable insights to enhance its performance. This indicator is ideally suited for intraday and short-term swing traders seeking a systematic approach that blends mathematical structure, momentum analysis, and trend confirmation for consistent trading outcomes.
Pine Script® göstergesi
siddurn2025 tarafından
Arithmetic Candles with Pivot Trend Signals📘 Script Description 🕯️ Arithmetic Candles Instead of using traditional candlesticks, this script calculates: Arithmetic Open = Average of open and close Arithmetic Close = Average of high and low This candle provides a smoother, more averaged-out representation of price action. Benefit: Filters out noise and reveals a more "true" price midpoint per candle. 🧭 Pivot Point Levels (Classic) Classic pivot levels are calculated using the previous day's values: Pivot (P) = (High + Low + Close) / 3 R1 / S1: First resistance/support levels R2 / S2: Extended resistance/support levels These lines mark key price levels that often act as support or resistance. 📈 Trend Signals The script generates trend signals when a selected price source crosses above or below the pivot: Bullish Signal (green arrow): When price crosses above the pivot Bearish Signal (red arrow): When price crosses below the pivot You can choose the signal source: Either the regular close price Or the Arithmetic Candle midpoint: (arithOpen + arithClose) / 2 🎨 Visual Representation Candles are colored green when arithClose > arithOpen, otherwise red Pivot lines are drawn if enabled Triangles mark trend change signals (bullish or bearish) ✅ Use Case In sideways markets, Arithmetic Candles help filter out noise Pivot Levels provide clear price zones for potential breakouts or reversals
Pine Script® göstergesi
daninr_1 tarafından
Initial Balance + Extensions Overview Tracks the Initial Balance (IB) range formed during the first hour of trading (9:30-10:30 AM EST) and projects extension levels to identify potential price targets throughout the session. What It Does Monitors the 9:30-10:30 AM EST period to establish IB High, IB Low, and Midline Calculates extension levels at 25%, 50%, 75%, and 100% of the IB range (both above and below) Identifies directional bias by comparing the 10:30 AM close to the IB midline Tracks historical statistics showing breakout frequency and extension hit rates Updates in real-time during the IB session Key Features Live updating IB levels during market hours Customizable extension percentages (toggle 25%, 50%, 75%, 100%) Visual directional bias signal (bullish/bearish candle shading at 10:30 AM) Comprehensive statistics table with breakout rates and extension success percentages Historical view of past IB levels (configurable lookback period) Fully customizable colors, labels, and display options Best Use Cases Day trading: Use IB levels as support/resistance and extensions as profit targets Breakout trading: Enter on IB High/Low breaks with defined targets Range trading: Trade within IB when contained days are likely Market profiling: Understand price acceptance and rejection zones Settings All visual elements are customizable including: Line colors (default: gray for neutral appearance) Label styles and sizes Extension level visibility Statistics table position and size Historical data display (0-10 past days) Technical Notes Optimized for US market hours (EST/EDT timezone) Works on any timeframe (1min, 5min, 15min recommended) Best suited for liquid instruments (ES, NQ, SPY, QQQ, stocks) Statistics accumulate over time for improved accuracy Educational Purpose Based on Initial Balance theory from Market Profile, this indicator helps traders identify key price levels and understand market structure during the trading day. It is not financial advice and should be used as part of a comprehensive trading plan. Note: Past performance statistics do not guarantee future results. Always practice proper risk management.
Pine Script® göstergesi
Bostonshamrock tarafından
3
Market Structure Strategy - Level 1This strategy identifies peaks and valleys (local tops and bottoms) in price to construct a dynamic market structure, labeling Higher Highs (HH), Lower Lows (LL), Higher Lows (HL), and Lower Highs (LH). From this evolving structure, the script determines the dominant market regime, which can be: Bull (green) – when price forms new highs and maintains a bullish structure, the strategy favors long entries. Bear (red) – when price forms new lows and confirms a bearish structure, the strategy favors short entries. Range (brown) – when price fluctuates between recent highs and lows, suggesting sideways conditions where no trades are initiated. The transition between these regimes depends mainly on four key parameters. The first parameter controls the lookback period into the past to find the top or bottom. The second controls the period of the looback to the right of the top or bottom. The “Entry Margin” parameter determines how much ranging behavior the model will detect before switching regimes. The 4 parameter select the source to construct the top and bottom, the close the wick, etc. The user can configure the strategy to run long-only, short-only, or both directions, depending on the market or preference. In addition to the core regime logic, the strategy includes several risk and trade management controls that are featured in all my strategies. Four oscillators are also integrated into the logic to detect short-term overbought and oversold conditions. These help the strategy avoid entering or exiting a trade when price has already extended too far in one direction, improving timing and potentially reducing false entries and exits. When overbought or oversold are detected, a red or green dot appears on the chart. The script is designed to be flexible across different assets and timeframes. However, to achieve consistent results, it is important to optimize parameters carefully. A recommended workflow is as follows: Disable the walk-forward option during the optimization phase. Optimize the first main parameter while keeping others fixed. Once a satisfactory value is found, move to the second parameter. Continue the process for subsequent parameters. Optionally, repeat the full sequence once more to refine the results. Finally, activate walk-forward analysis and check the out-of-sample results. This strategy is published as invite-only with hidden source code. Access may be granted upon request for research or evaluation purposes. It is part of a broader collection of technical analysis strategies I have developed, which focus on regime detection and adaptive trading systems. There are five levels of strategy complexity and performance in my collection. This script represents a Level 1 strategy, designed as a solid foundation and introduction to the framework. More advanced levels progressively add greater complexity, adaptability, and robustness. Finally, when multiple strategies are combined under this same framework, the results become more robust and stable. In particular, combining my suite of technical analysis strategies with my macro strategies and alternative data strategies, such as onchain for cryptocurrencies. It creates a multi-layered system that adapts across regimes, timeframes, and market conditions.
Pine Script® stratejisi
mks17 tarafından
FVG Zones with Signals█ OVERVIEW "FVG Zones with Signals" is a technical analysis tool that identifies Fair Value Gaps (FVG) on the chart and draws customizable zones in the form of boxes. It is ideal for traders using price action and market structure strategies, helping to identify potential imbalance zones and trading opportunities based on breakout and exit signals. With flexible size filter settings, box styles, and signal options, the indicator ensures clarity and precision on the chart. █ CONCEPTS The indicator is designed to identify potential entry points for trades based on FVG breakouts or retests. For chart clarity, a size filter for FVGs is included, based on a multiplier of the average candle size over a specified period. Why are FVGs important? FVG zones represent areas of market imbalance, often attracting price back to "fill" the gap. Larger gaps (with a higher size multiplier) have a greater chance of being retested, as they indicate deeper imbalances—leaving more unexecuted orders in those zones, which attracts liquidity. Market makers and institutions often return to these levels to "refresh" liquidity before further moves. However, not every large FVG is retested quickly—in strong trends, smaller imbalances may be ignored, and the location (e.g., near swing highs/lows) is critical for retest probability. █ FEATURES - FVG Detection: Identifies bullish and bearish FVGs based on size filters (Candle Size Period and FVG Size Multiplier), with automatic initialization of historical gaps up to 500 candles back. - Customizable Boxes: Draws FVG boxes with adjustable border colors, background gradients, border styles (solid, dashed, dotted), border widths, and transparency for both the background and the 50% FVG midline. - Breakout and Exit Signals: Generates "Break" signals (green upward triangle for breakouts above bearish FVG, red downward triangle for breakouts below bullish FVG) and "Exit" signals (circles for exiting the zone), with options to select signal types (Break, Exit, or Both). A break signal causes the box to disappear, leaving a triangle as a trace of the breakout, which may serve as a signal to open a position. Exit signals (circles) may also indicate entry opportunities but require additional confirmation, such as alignment with the main trend. - Midline: Automatically draws a dashed line at the 50% FVG level with adjustable transparency, aiding in assessing price reactions within the zone. - Box Limitation: Automatically removes old or inactive FVGs after 500 candles to avoid chart clutter. - Alerts: Built-in alerts for all signal types, including price and FVG type descriptions. █ HOW TO USE Add to Chart: Apply the indicator to your TradingView chart via the Pine Editor or Indicators menu. Configure Settings: - FVG Settings: Adjust Candle Size Period (default 20) and FVG Size Multiplier (default 1) to filter out small gaps—higher values generate fewer but more significant FVGs. - Box Settings: Configure colors and styles for bullish (green) and bearish (red) boxes, including background transparency (default 80) and midline transparency. - Signal Settings: Select signal types (Break, Exit, or Both) in Signal Type. Breakout signals appear after a candle closes outside the zone, while exit signals appear when exiting an FVG without a full breakout. - Styling: Customize signal colors (green for buy/up, red for sell/down) and shape sizes. Interpreting Signals: - Break Up Signal: A green triangle below the bar indicates a breakout above a bearish FVG, suggesting potential continuation of an uptrend. - Break Down Signal: A red triangle above the bar indicates a breakout below a bullish FVG, suggesting potential continuation of a downtrend. - Exit Up/Down Signal: A green/red circle indicates an exit from an FVG without a full breakout, which may signal the end of a correction or preparation for a reversal. - FVG Zones: If the price returns to an FVG and fills the gap, it may indicate equilibrium; an unfilled gap often leads to a retest. - Use signals in conjunction with other technical analysis tools for confirmation, such as RSI (to identify overbought/oversold conditions) or MACD (to confirm momentum). Analyze FVGs from higher timeframes—these zones act as stronger imbalance levels and carry greater structural significance. Exit signals (retests without breakouts) tend to be most effective when traded in line with the current trend. █ APPLICATIONS - Price Action Trading: Use FVG zones as dynamic support and resistance levels. In an uptrend, look for buying opportunities in bullish FVGs, where price often tests the gap before continuing. Combining with RSI, MACD, or Fibonacci levels enhances the significance of zones. - Breakout Strategies: Trade based on breakout signals from FVGs. A buy signal after breaking a bearish FVG may indicate a strong upward impulse, especially when supported by a rising MACD or RSI exiting oversold conditions. Larger FVG gaps (higher multiplier) have a greater chance of retest, as they indicate deeper imbalances. █ NOTES - Test the indicator across different timeframes and markets (stocks, forex, crypto) to optimize size filters for your trading style. - The indicator initializes historical FVGs up to 500 candles back, which may slow loading on longer charts. - For best results, use on high-liquidity markets where FVGs are more frequently retested. - In consolidation zones, the indicator may generate more false signals, so additional confirmation is recommended.
Pine Script® göstergesi
Uncle_the_shooter tarafından
Tight Entry Trend Engine Strategy═══════════════════════════════════════ TIGHT ENTRY TREND ENGINE ═══════════════════════════════════════ A breakout-based trend-following system designed to capture explosive moves by entering at precise resistance/support breakouts with minimal entry risk and massive profit potential. ⚠️ LOW WIN RATE, HIGH REWARD SYSTEM ⚠️ This is NOT a high win-rate strategy. Expect 25-35% winners, but when it hits, winners are typically 10X+ larger than losers. ═══════════════════════════════════════ 🎯 WHAT THIS SYSTEM DOES ═══════════════════════════════════════ The Tight Entry Trend Engine identifies powerful breakout opportunities by detecting when price breaks through established trendlines with confirmation from higher timeframe trends: 1. DYNAMIC TRENDLINE DETECTION (3 BANKS) • Automatically draws support and resistance trendlines • 3 separate "banks" capture short-term, medium-term, and long-term levels • Each bank has configurable parameters (required pivot touch count, angle limits, lengths) 2. BREAKOUT ENTRY TIMING • Enters LONG when price breaks ABOVE resistance trendlines • Enters SHORT when price breaks BELOW support trendlines • Entry Alert occurs at the exact moment of breakout = "tight entry" • Stop-loss placed just below/above the broken trendline (configurable) 3. HIGHER TIMEFRAME TREND FILTER • Uses Hull Moving Average (HMA) on higher timeframe for trend following • Auto-adjusts HTF based on your chart timeframe • Optional filters prevent entries against major trend • Optional "overextension" filter avoids buying parabolic moves 4. VOLATILITY-ADAPTIVE RISK MANAGEMENT • Stop-loss calculated using Average True Range (ATR) • Tighter stops = better R:R • Profit targets adjust dynamically with volatility • Breakeven stop moves automatically when in profit • Extended profit targets when far from HTF trend ═══════════════════════════════════════ 📊 HOW IT WORKS (METHODOLOGY) ═══════════════════════════════════════ STEP 1: TRENDLINE FORMATION The system continuously scans for pivot highs and pivot lows to construct trendlines. You control: BANK 1 (Short-Term): - Pivot Length: How many bars to look back for swing points - Min Touches: How many pivots needed to form a line (default: 3) - Max Length: How far back lines can reach (default: 180 bars) - Angle Limits: Maximum steepness allowed for valid trendlines - Tolerance: How close pivots must align to form horizontal lines BANK 2 (Medium-Term): - Slightly longer pivot periods for more significant levels - Captures medium-term trend structure - Default Max Length: 200 bars BANK 3 (Long-Term): - Focuses on major support/resistance zones - Often uses horizontal levels (angled lines disabled by default) - Default Max Length: 300 bars The system draws RESISTANCE lines (red) above price and SUPPORT lines (green) below price. These adapt in real-time as new pivots form. STEP 2: BREAKOUT DETECTION LONG SIGNALS: - Price closes above a resistance trendline - Higher timeframe trend is up (optional filter) - Price not overextended from HTF trend (optional filter) - No position currently open SHORT SIGNALS: - Price closes below a support trendline - Higher timeframe trend is down (optional filter) - Price not overextended from HTF trend (optional filter) - No position currently open The "tight" aspect: Because you're entering right at the trendline break, your stop-loss can be placed very close (just below the broken resistance for longs), creating exceptional risk/reward ratios. STEP 3: POSITION SIZING Choose between: - Fixed $ Risk Per Trade: Risk same dollar amount every trade - % Risk Per Trade: Risk percentage of current equity Position size automatically calculated based on: - Your risk amount - Distance to stop-loss (ATR-based) - Works with stocks, futures, crypto (auto-adjusts for contract multipliers) STEP 4: EXIT MANAGEMENT Multiple exit methods working together: - PROFIT TARGET: Exits when profit reaches 100x your risk - EXTENDED PROFIT: Earlier exit (80R) when very far from HTF trend - STOP LOSS: Fixed ATR-based stop below entry - HTF TREND EXIT: Exits when price crosses below HTF trend with profit - BREAKEVEN PULLBACK: Exits if profit drops below 0.6R after reaching breakeven - PARTIAL PROFITS: Optional - take partial profits at specified R-multiple ═══════════════════════════════════════ 🔧 KEY COMPONENTS EXPLAINED ═══════════════════════════════════════ HULL MOVING AVERAGE (HMA) A smoothed moving average that reduces lag compared to traditional MAs. The system uses HMA on a higher timeframe to determine the dominant trend direction. You can choose: - Auto HTF: System picks appropriate HTF based on your chart timeframe - Manual HTF: You specify the higher timeframe AVERAGE TRUE RANGE (ATR) Measures current market volatility. Used for: - Stop-loss distance (tighter when volatility low) - Profit targets (larger when volatility high) - Position sizing (smaller positions in volatile conditions) - Breakeven trigger distance TRENDLINE ANGLE FILTERING Each trendline bank has angle limits to ensure quality: - Resistance lines: Max downward/upward slope allowed - Support lines: Max downward/upward slope allowed - Angles automatically adjust based on current volatility - Prevents overly steep/unreliable trendlines SENSITIVITY CONTROL One master slider adjusts multiple parameters: - Trendline detection sensitivity - HTF MA length - Exit timing - Auto-adjusts for daily+ timeframes (60% increase) ═══════════════════════════════════════ ⚙️ WHAT YOU SEE ON YOUR CHART ═══════════════════════════════════════ TRENDLINES: ✓ Red resistance lines above price ✓ Green support lines below price ✓ Orange broken lines (past breakouts) ✓ Lines extend to show current levels HTF TREND: ✓ Thick colored line showing higher timeframe trend ✓ Color gradient: Red (bearish) → Orange → Yellow → Green (bullish) ✓ 250-bar smoothed curve for visual clarity ENTRY/EXIT SIGNALS: ✓ Small green dot below bar = Long entry ✓ Small red dot above bar = Short entry ✓ Small red dot above = Long exit ✓ Small black dot below = Short exit OPTIONAL DETAILED LABELS: ✓ Bank number that triggered entry (Bank 1, 2, or 3) ✓ Exit reason (Profit Target, Stop Loss, HTF Exit, etc.) ✓ Partial profit notifications POSITION TRACKING: ✓ Yellow dashed line at entry price (extends right) ✓ Green/red fill showing current profit/loss zone ✓ Lime arrows at top = Currently in long position ✓ Red arrows at bottom = Currently in short position ✓ Gray background = No position (flat) STATS TABLE (Top Right): ✓ Current position (LONG/SHORT/FLAT) ✓ Risk per trade ($ or %) ✓ Entry price ✓ Unrealized P/L in dollars ✓ P/L in R-multiples (how many R's profit/loss) ✓ Average winner/loser R ($ mode) OR CAGR (% mode) ═══════════════════════════════════════ 📈 OPTIMAL USAGE ═══════════════════════════════════════ BEST ASSETS: - NASDAQ:QQQ on 1-hour (reg) chart ⭐ (PRIMARY OPTIMIZATION) - Strong trending stocks: NVDA, AAPL, TSLA, MSFT, GOOGL, AMZN - High volatility tech stocks - Crypto: BTC, ETH - Any liquid asset with clear trends and momentum (GOLD) AVOID: - Low volatility stocks - Ranging/choppy markets - Penny stocks or illiquid assets - Assets without clear directional movement BEST TIMEFRAMES: - PRIMARY: 1-hour charts (optimal for QQQ) - ALSO EXCELLENT: 2H, 4H, 8H - WORKS: 15min, 30min (only momentum leaders, more noise) - WORKS WITH ADJUSTMENTS: 1D, 2D (decrease trendline pivot lengths) ═══════════════════════════════════════ 📊 BACKTEST RESULTS (QQQ 1H (Reg hours), 1999-2024) ═══════════════════════════════════════ The system showed on NASDAQ:QQQ 1-hour timeframe (regular hours): - Total Return: 1,100,000%+ over 24 years - Total Trades: 500+ - Win Rate: ~20-24% (LOW - this is by design!) - Average Winner: 8-15% gain - Average Loser: 2-4% loss - Win/Loss Ratio: 10:1 (winners much bigger than losers) - Profit Factor: 3+ - Max Drawdown: 45-50% - Risk per trade: 3% of capital KEY INSIGHT: This is a LOW WIN RATE, HIGH REWARD system. You will lose more trades than you win, but the few winners are so large they more than compensate for many small losses. IMPORTANT: These are backtested results using optimal parameters on historical data. Real trading results will vary based on: - Your execution and timing - Slippage and commissions - Your emotional discipline - Market conditions during your trading period ═══════════════════════════════════════ 🎓 WHO IS THIS FOR? ═══════════════════════════════════════ IDEAL FOR: ✓ Swing traders comfortable holding winners for longer period ✓ Part-time traders (1H = check 2-3x per day) ✓ Traders seeking exceptional risk/reward ratios ✓ Those comfortable with low win rates if winners are huge ✓ Technical analysis enthusiasts ✓ Breakout traders ✓ Trend followers ═══════════════════════════════════════ 🚀 GETTING STARTED - STEP BY STEP ═══════════════════════════════════════ STEP 1: APPLY TO YOUR CHART - Search "Tight Entry Trend Engine" in indicators - Click to apply to your chart - Trendlines and HTF line will appear immediately STEP 2: CHOOSE YOUR SETTINGS For BEGINNERS - Use These Settings First: 1. Trade Direction & Filters: • ENABLE LONGS: ✓ ON • ENABLE SHORTS: ✗ OFF (start with longs only) • Sensitivity: 1.0 (default) • HTF Trend Entry Filter: ✓ ON (safer entries) • Block Entries When Overextended: ✓ ON (avoid parabolic tops) 2. Position Sizing & Risk: • Position Sizing: "Per Risk" • RISK Type: "$ Per Trade" • Risk Amount: $200 (or 1-3% of your account) 3. Visual Settings: • Show Support Lines: ✗ OFF (unless trading shorts) • Show Detailed Entry/Exit Labels: ✓ ON • Show Stats Table: ✓ ON • Show Entry Line & P/L Fill: ✓ ON 4. Leave everything else at DEFAULT for now STEP 3: UNDERSTAND WHAT YOU SEE When trendlines appear: - RED lines above = Resistance (watch for price breaking UP through these) - GREEN lines below = Support (watch for price breaking DOWN) - When price breaks a red line = Potential LONG entry - When price breaks a green line = Potential SHORT entry The HTF trend line (thick colored): - Green/lime = Strong uptrend (favorable for longs) - Red = Strong downtrend (favorable for shorts if enabled) - Orange/yellow = Transitioning STEP 4: OBSERVE SIGNALS - Small GREEN dot below bar = System entered LONG - Small RED dot above bar = System exited LONG - Check the label to see which "Bank" triggered (Bank 1, 2, or 3) - Watch the yellow entry line and colored fill show your P/L STEP 5: PAPER TRADE FIRST - Use TradingView's paper trading feature - Watch how signals perform on YOUR chosen asset - Understand the win rate will be LOW (20-35%) - Verify that winners are indeed much larger than losers - Test for at least 20-30 signals before going live STEP 6: OPTIMIZE FOR YOUR ASSET (OPTIONAL) If default settings aren't working well: For FASTER signals (more trades): - Reduce Pivot Length 1 to 3-4 - Reduce Max Length 1 to 120-150 - Increase Sensitivity to 1.2-1.5 For SLOWER signals (higher quality): - Increase Pivot Length 1 to 7-10 - Increase Max Length 1 to 250+ - Decrease Sensitivity to 0.7-0.9 For DAILY timeframes: - Increase all Pivot Lengths by 30-50% - Increase all Max Lengths significantly - Sensitivity: 0.6-0.8 ═══════════════════════════════════════ ⚙️ ADVANCED SETTINGS EXPLAINED ═══════════════════════════════════════ TRENDLINE BANK SETTINGS: Each bank (1, 2, 3) has these parameters: - Min Touches: Minimum pivots to form a line - Lower (2) = More lines, earlier detection - Higher (4+) = Fewer lines, higher quality - Pivot Length: Lookback for swing points - Lower (3-5) = Reacts to recent price action - Higher (10+) = Only major swing points - Max Length: How old a trendline can be - Shorter (100-150) = Only recent lines - Longer (300+) = Include historical levels - Tolerance: Alignment strictness for horizontal lines - Lower (3.0-3.5) = Very strict horizontal - Higher (4.5+) = More forgiving alignment - Allow Angled Lines: Enable diagonal trendlines - ON = Catches sloped support/resistance - OFF = Only horizontal levels - Angle Limits: Maximum steepness allowed - Lower (1-2) = Only gentle slopes - Higher (4-6) = Accept steeper angles - Automatically adjusts for volatility ATR MULTIPLIERS: - STOP LOSS ATR (0.6): Distance to stop-loss - Lower (0.4-0.5) = Tighter stops, stopped out more - Higher (0.8-1.0) = Wider stops, more room - PROFIT TARGET ATR (100): Main profit target - This is 100x your risk = 10,000% R:R - Lower (50-80) = Take profits sooner - Higher (120+) = Let winners run longer - BREAKEVEN ATR (40): When to move stop to breakeven - Lower (20-30) = Protect profits earlier - Higher (60+) = Give more room before protecting HIGHER TIMEFRAME: - Auto HTF: Automatically selects appropriate HTF - 5min chart → uses 2H - 15-30min → uses 6H - 1-4H → uses 2D - Daily → uses 4D - HTF MA Length (300): HMA period for trend - Lower (150-250) = More responsive - Higher (400-500) = Smoother, less whipsaw - HTF Trend Following Exit: Exits when crossing HTF - ON = Additional exit method - OFF = Rely only on profit targets/stops - HTF Trend Entry Filter: Only trade with HTF trend - ON = Safer, fewer signals - OFF = More aggressive, more signals - Block Entries When Overextended: Prevents chasing - ON = Avoids parabolic tops/bottoms - OFF = Enter all breakouts regardless ═══════════════════════════════════════ 💡 TRADING PHILOSOPHY & EXPECTATIONS ═══════════════════════════════════════ This system is built on one core principle: "ACCEPT SMALL, FREQUENT LOSSES TO CAPTURE RARE, MASSIVE WINS" What this means: - You WILL lose 65%-75% of your trades - Most losses will be small (1-2R) - Some winners hit 80R+ - Over time, math works in your favour
Pine Script® stratejisi
trend-wolf tarafından
Cumulative Volume Delta Profile and Heatmap [BackQuant]Cumulative Volume Delta Profile and Heatmap A multi-view CVD workstation that measures buying vs selling pressure, renders a price-aligned CVD profile with Point of Control, paints an optional heatmap of delta intensity, and detects classical CVD divergences using pivot logic. Built for reading who is in control, where participation clustered, and when effort is failing to produce result. What is CVD Cumulative Volume Delta accumulates the difference between aggressive buys and aggressive sells over time. When CVD rises, buyers are lifting the offer more than sellers are hitting the bid. When CVD falls, the opposite is true. Plotting CVD alongside price helps you judge whether price moves are supported by real participation or are running on fumes. Core Features Visual Analysis Components CVD Columns - Plot of cumulative delta, colored by side, for quick read of participation bias. CVD Profile - Price-aligned histogram of CVD accumulation using user-set bins. Shows where net initiative clustered. Split Buy and Sell CVD - Optional two-sided profile that separates positive and negative CVD into distinct wings. POC - Point of Control - The price level with the highest absolute CVD accumulation, labeled and line-marked. Heatmap - Semi-transparent blocks behind price that encode CVD intensity across the last N bars. Divergence Engine - Pivot-based detection of Bearish and Bullish CVD divergences with optional lines and labels. Stats Panel - Top level metrics: Total CVD, Buy and Sell totals with percentages, Delta Ratio, and current POC price. How it works Delta source and sampling You select an Anchor Timeframe that defines the higher time aggregation for reading the trend of CVD. The script pulls lower timeframe volume delta and aggregates it to the anchor window. You can let it auto-select the lower timeframe or force a custom one. CVD is then accumulated bar by bar to form a running total. This plot shows the direction and persistence of initiative. Profile construction The recent price range is split into Profile Granularity bins. As price traverses a bin, the current delta contribution is added to that bin. If Split Buy and Sell CVD is enabled, positive CVD goes to the right wing and negative CVD to the left wing. Widths are scaled by each side’s maximum so you can compare distribution shape at a glance. The Point of Control is the bin with the highest absolute CVD. This marks where initiative concentrated the most. Heatmap For each bin, the script computes intensity as absolute CVD relative to the maximum bin value. Color is derived from the side in control in that bin and shaded by intensity. Heatmap Length sets how far back the panels extend, highlighting recurring participation zones. Divergence model You define pivot sensitivity with Pivot Left and Right . Bearish divergence triggers when price confirms a higher high while CVD fails to make a higher high within a configurable Delta Tolerance . Bullish divergence triggers when price confirms a lower low while CVD fails to make a lower low. On trigger, optional link lines and labels are drawn at the pivots for immediate context. Key Settings Delta Source Anchor Timeframe - Higher TF for the CVD narrative. Custom Lower TF and Lower Timeframe - Force the sampling TF if desired. Pivot Logic Pivot Left and Right - Bars to each side for swing confirmation. Delta Tolerance - Small allowance to avoid near-miss false positives. CVD Profile Show CVD Profile - Toggle profile rendering. Split Buy and Sell CVD - Two-sided profile for clearer side attribution. Show Heatmap - Project intensity panels behind price. Show POC and POC Color - Mark the dominant CVD node. Profile Granularity - Number of bins across the visible price range. Profile Offset and Profile Width - Position and scale the profile. Profile Position - Right, Left, or Current bar alignment. Visuals Bullish Div Color and Bearish Div Color - Colors for divergence artifacts. Show Divergence Lines and Labels - Visualize pivots and annotations. Plot CVD - Column plot of total CVD. Show Statistics and Position - Toggle and place the summary table. Reading the display CVD columns Rising CVD confirms buyers are in control. Falling CVD confirms sellers. Flat or choppy CVD during wide price moves hints at passive or exhausted participation. CVD profile wings Thick right wing near a price zone implies heavy buy initiative accumulated there. Thick left wing implies heavy sell initiative. POC marks the strongest initiative node. Expect reactions on first touch and rotations around this level when the tape is balanced. Heatmap Brighter blocks indicate stronger historical net initiative at that price. Stacked bright bands form CVD high volume nodes. These often behave like magnets or shelves for future trade. Divergences Bearish - Price prints a higher high while CVD fails to do so. Effort is not producing result. Potential fade or pause. Bullish - Price prints a lower low while CVD fails to do so. Capitulation lacks initiative. Potential bounce or reversal. Stats panel Total CVD - Net initiative over the window. Buy and Sell volume with percentages - Side composition. Delta Ratio - Buy over Sell. Values above 1 favor buyers, below 1 favor sellers. POC Price - Current control node for plan and risk. Workflows Trend following Choose an Anchor Timeframe that matches your holding period. Trade in the direction of CVD slope while price holds above a bullish POC or below a bearish POC. Use pullbacks to CVD nodes on your profile as entry locations. Trend weakens when price makes new highs but CVD stalls, or new lows while CVD recovers. Mean reversion Look for divergences at or near prior CVD nodes, especially the POC. Fade tests into thick wings when the side that dominated there now fails to push CVD further. Target rotations back toward the POC or the opposite wing edge. Liquidity and execution map Treat strong wings and heatmap bands as probable passive interest zones. Expect pauses, partial fills, or flips at these shelves. Stops make sense beyond the far edge of the active wing supporting your idea. Alerts included CVD Bearish Divergence and CVD Bullish Divergence. Price Cross Above POC and Price Cross Below POC. Extreme Buy Imbalance and Extreme Sell Imbalance from Delta Ratio. CVD Turn Bullish and CVD Turn Bearish when net CVD crosses zero. Price Near POC proximity alert. Best practices Use a higher Anchor Timeframe to stabilize the CVD story and a sensible Profile Granularity so wings are readable without clutter. Keep Split mode on when you want to separate initiative attribution. Turn it off when you prefer a single net profile. Tune Pivot Left and Right by instrument to avoid overfitting. Larger values find swing divergences. Smaller values find micro fades. If volume is thin or synthetic for the symbol, CVD will be less reliable. The script will warn if volume is zero. Trading applications Context - Confirm or question breakouts with CVD slope. Location - Build entries at CVD nodes and POC. Timing - Use divergence and POC crosses for triggers. Risk - Place stops beyond the opposite wing or outside the POC shelf. Important notes and limits This is a price and volume based study. It does not access off-book or venue-level order flow. CVD profiles are built from the data available on your chart and the chosen lower timeframe sampling. Like all volume tools, readings can distort during roll periods, holidays, or feed anomalies. Validate on your instrument. Technical notes Delta is aggregated from a lower timeframe into an Anchor Timeframe narrative. Profile bins update in real time. Splitting by side scales each wing independently so both are readable in the same panel. Divergences are confirmed using standard pivot definitions with user-set tolerances. All profile drawing uses fixed X offsets so panels and POC do not swim when you scroll. Quick start Anchor Timeframe = Daily for intraday context. Split Buy and Sell CVD = On. Profile Granularity = 100 to 200, Profile Position = Right, Width to taste. Pivot Left and Right around 8 to 12 to start, then adapt. Turn on Heatmap for a fast map of interest bands. Bottom line CVD tells you who is doing the lifting. The profile shows where they did it. Divergences tell you when effort stops paying. Put them together and you get a clear read on control, location, and timing for both trend and mean reversion.
Pine Script® göstergesi
BackQuant tarafından
9
Inside Bar Highlighter by nkChartsOverview: The Inside Candle Highlighter is a simple yet powerful TradingView indicator designed to identify inside bars (inside candles) on your chart. An inside candle is defined as a candle whose high is lower than the previous candle's high and low is higher than the previous candle's low, meaning it forms entirely within the range of the preceding candle. Inside candles are commonly interpreted by traders as periods of market consolidation or indecision and often precede breakouts or significant price moves. This indicator highlights these candles directly on your chart, making them easy to spot at a glance. Features Detects Inside Candles: Automatically identifies bars that are fully contained within the previous bar’s high-low range. Confirmed Bar Coloring: Colors the candle after it closes, ensuring no repainting occurs during formation. Style Tab Customization: Users can adjust the candle color directly from the Style tab, allowing seamless integration with your chart theme. Clean & Minimal: Only inside candles are highlighted, keeping charts uncluttered. How Traders Can Use It Identify Consolidation Zones: Quickly spot periods where the market is contracting. Prepare for Breakouts: Inside candles often signal an upcoming directional move; traders can plan entry or exit points based on breakouts from the inside candle range. Combine With Other Indicators: Use alongside trend indicators, volume tools, or support/resistance levels to enhance trade confirmation. Recommended Use Works on all timeframes — from intraday charts to daily or weekly charts. Particularly useful in price action trading, swing trading, and trend-following strategies. Ideal for traders who want a visual cue for consolidation and potential breakout areas without adding complexity to the chart. Note: This indicator only highlights inside candles. Interpretation and trading decisions are left to the user.
Pine Script® göstergesi
nkCharts tarafından
Uncharted Territory Fibs📘 Uncharted Territory Fibs Advanced Fibonacci Projection & Confluence Indicator (Protected Source) 🧭 Overview Uncharted Territory Fibs is a next-generation Fibonacci projection system designed for identifying high-probability confluence zones when price enters uncharted territory — areas beyond previous highs or lows. It automatically detects valid swing pivots, determines trend bias, and plots Fibonacci extensions and projections with built-in cluster logic to highlight the single most powerful confluence level. ⚙️ Core Features Automatic Trend Bias: Determines direction using either manual Up/Down selection or EMA-based “Auto” bias detection. Swing-Based Anchoring: Uses confirmed pivot highs and lows (non-repainting) to define valid swing legs for Fibonacci mapping. Fibonacci Extensions & Projections: Extensions: 1.272, 1.618, 2.618, 4.236 Projections (symmetry): 1.0 and 1.618 These levels map both impulse continuation and symmetry targets. Cluster Engine: Groups nearby Fibonacci levels within a user-defined tolerance, identifies the zone with the highest confluence, and designates it as the Prime Level. Secondary targets are spaced apart for cleaner visualization. Smart Visualization: Lines are anchored directly to the last confirmed swing pivot. Fixed-length projection (default 20 bars) ensures levels stay visually stable. Labels display exact price and ratio type. Optional price-scale markers and alert triggers. Alerts Built-In: “Near Prime Confluence” alert when price approaches key zone. “Cross Prime Confluence” alert when price breaks through the zone. 🎯 How to Use Apply on higher-timeframe charts (4H, Daily, or Weekly recommended). Choose bias mode: Auto, Uptrend, or Downtrend. Adjust swing sensitivity (pivot left/right bars). Toggle which Fibonacci ratios to include. Tune cluster tolerance and spacing to refine precision. Watch for Prime Confluence zones forming above or below structure — potential reversal or breakout targets. Set alerts for automated notifications near critical levels. 💡 Why It’s Different Unlike basic Fibonacci tools that simply project multiple overlapping lines, Uncharted Territory Fibs performs real-time mathematical clustering to isolate the most statistically dense confluence level — simplifying complex multi-leg Fibonacci relationships into a single actionable zone. The result: fewer lines, higher confidence, and cleaner market structure visualization when price explores new highs or lows. 🔐 Protected Source Notice This indicator is released as a Protected Script to preserve proprietary clustering and swing-selection logic. All calculations, alerts, and visuals are fully functional for users, while the underlying algorithm remains secured. This complies with TradingView’s publishing standards for unique and non-trivial closed-source scripts. ⚠️ Disclaimer This tool is for educational and analytical purposes only. It does not provide financial advice or guarantee performance. Always perform your own analysis and manage risk accordingly. 🏷 Credits Concept inspired by Carolyn Boroden’s Fibonacci work and expanded with custom clustering logic and pivot-anchoring methodology for high-timeframe projection analysis.
Pine Script® göstergesi
originalsaucemaker tarafından
ICT Essentials [LDT]ICT Essentials Overview ICT Essentials is an all-in-one trading utility built to create a natural and efficient workflow for ICT-based traders. Every component has been designed to integrate seamlessly and update dynamically across timeframes. The indicator focuses on clarity, performance and customization, allowing traders to tailor every part of their trading experience. Equal Highs & Lows This feature automatically detects and marks Equal Highs (EQH) and Equal Lows (EQL) with full control over visuals and behavior. Users can customize line colors, widths, and styles, label size, color, background transparency and text offset. The logic uses an optimized scanning and caching system that maintains smooth performance even on higher timeframes. It provides a precise and adaptive way to identify structural liquidity points whilst keeping the chart clean and readable. Killzones & Session Pivots Plots the main trading sessions such as Asia, London and New York (AM, Lunch, PM) with full flexibility and styling options. Each session can be enabled or disabled individually, with its own color, transparency and label preferences. Session highs and lows are automatically tracked and plotted as pivots with extension modes like Until Mitigated or Past Mitigation. This system gives traders the ability to organize market sessions exactly how they prefer whilst keeping the chart consistent and efficient. Daily Pivots and Tier System Alongside session pivots, the script tracks daily highs and lows to provide a broader structural view of price. These pivots are stored and displayed on the chart with their appearance updating automatically when price interacts with them. The system includes a unique tier-based visibility filter that maintains a clean chart by preventing duplicate or overlapping pivots. Recent daily pivots are cached and compared to session pivots and when two levels fall within a defined proximity, the redundant one is automatically hidden. This creates a clear hierarchy of daily and session levels, keeping the most relevant structure visible whilst removing noise. All aspects of the daily pivot system are fully customizable, including the number of tracked pivots, color, style settings and how mitigated levels are handled. The caching and filtering logic ensures smooth performance and a visually organized workspace even as the data updates in real time. Key Times Allows up to five custom key time markers such as the Midnight Open, 6:00 AM or 10:00 AM. Each marker can be fully customized with its own text, color, line style and thickness. This makes it simple to visualize key reaction points that align with each traders timing model. Higher Timeframe Candles Displays higher timeframe candles such as 1H, 4H or Daily directly on the active chart to provide context without switching views. Users can customize body, wick and border colors, along with adding optional trace lines for the open, close, high and low and can also show the countdown timers for remaining candle time. Adjustable spacing, positioning and label visibility makes the display blend naturally with any trading setup. This module helps traders connect multiple timeframes visually in a clean and intuitive way. Watermark Adds a customizable watermark with title, subtitle and symbol or timeframe information. Every element can be adjusted for color, size, transparency, alignment and position. The result is a polished, professional chart layout that adapts to the user's personal style. Optimization and Design ICT Essentials is built for performance, using cached arrays and lightweight calculations to maintain responsiveness on all timeframes. Each feature can be toggled individually to suit the traders focus or system performance. The script delivers a fluid, customizable and highly optimized trading experience designed to feel natural and effortless in day-to-day use. Credits This script takes reference and inspiration from several open-source indicators: Equal Highs and Lows by jzstur ICT HTF Candles (fadi) by fadizeidan ICT Killzones + Pivots EP by tradeforopp AG FX - Watermark by AGFXTRADING All components have been refactored, optimized and unified into a single framework for a smoother and more efficient workflow.
Pine Script® göstergesi
LeoDoesTrading tarafından
Round Numbers (Plotter) v2The *Round Numbers (Plotter) v2* indicator highlights key psychological price levels on the chart — the so-called *round numbers* (e.g. 1.1000 on EURUSD or23,000 on NASDAQ). These levels often act as **natural support or resistance zones**, where price tends to react, consolidate, or reverse. Version 2 introduces the concept of **gravitational zones**, which define a price range surrounding each round level — visualizing how price “gravitates” around these equilibrium areas. --- ### 🧩 **Main Features** * 🔹 **Dynamic round levels:** plotted automatically based on user-defined *step size* (in points or pips). * 🔹 **Custom step mode:** switch between “Points” (for indices, commodities, crypto) and “Pips” (for Forex pairs). * 🔹 **Configurable appearance:** color, width, and line style (solid, dashed, dotted). * 🔹 **Gravitation zones:** optional secondary lines plotted above and below each round level. * Distance adjustable as a **percentage of the step size** (default = 25%). * Help visualize “magnet areas” where price tends to slow down or oscillate before crossing a level. * 🔹 **Optional fill:** softly shaded area between the upper and lower gravitation lines for clearer visualization of each zone. * You can enable or disable this with the *“Show gravitation fill”* toggle. * Fill color and transparency fully customizable. --- ### 📈 **Use Cases** * Identify **psychological support/resistance** levels on any instrument or timeframe. * Observe **market equilibrium zones** where price tends to cluster or hesitate before continuing. * Combine with oscillators or volume indicators to confirm reaction strength near round numbers. * Use the **gravitational zones** to refine stop-loss or take-profit placement near high-impact levels. --- ### 💡 **Notes** * The indicator does **not repaint** and updates levels dynamically based on the latest price. * Works on all asset classes: **Forex, Indices, Crypto, Commodities, Stocks.** * Designed to be **lightweight** — no accumulation of historical objects. * Combine this with *Round Number Analyzer* for complete analysis of round numbers level
Pine Script® göstergesi
steviatrader tarafından
Futures Day Trading Key Levels by Dhawal Ranka Hey everyone, thank you for using this script, let me know in the comments how you feel about it! What this script does: This indicator renders one consolidated map of intraday reference levels for futures (e.g., ES, NQ, GC, CL). It is session-aware and draws: - Previous ETH day High/Low/Close - Previous RTH High/Low/Close (built from your RTH session) - Today’s developing RTH High/Low and Mid - Overnight (ON) session High/Low - Opening Range (first N minutes of RTH): OR High/Low - VWAP (day-anchored) with optional ±σ bands - Floor Pivots (PP/R1/S1/R2/S2) from prior ETH daily bar - ADR projections (Up/Down) using a configurable lookback and anchor - Settlement: prior official settlement and today’s projected settle (with manual override) - Weekly/Monthly context: prior W/M High/Low/Close and current W/M Open - Minimal right-edge text tags (instead of big boxes) that sit on the price scale line and auto-pack when levels coincide All lines extend across the chart to make confluence obvious without clutter. How it works (methods & calculations) Sessions The script exposes two user sessions and a time zone: RTH (e.g., 09:30–16:00 America/New_York) ON (e.g., 18:00–09:29 America/New_York) Session membership is computed with time(timeframe, session, tz) != 0. RTH H/L/C (prev) are aggregated intrabar: on RTH start we seed H/L; while inRTH we update; on RTH end we store the close. Previous Day (ETH) levels request.security(syminfo.tickerid, "D", high /low /close ) supplies PDH/PDL/PDC on the continuous ETH daily. Opening Range On RTH start we mark orStartTime. While RTH is active and elapsed time < N minutes, we track the running high/low. When elapsed ≥ N minutes, we freeze OR High/Low. VWAP & ±σ bands (intraday) Day-anchored VWAP uses ta.vwap(hlc3). Bands: standard deviation of (close − vwap) from day start, accumulated inline: stdev = sqrt( mean(dev^2) − mean(dev)^2 ) Bands = vwap ± k * stdev (user multiplier). Floor Pivots (classic) Using prior ETH daily H/L/C: PP = (H + L + C) / 3 R1 = 2*PP − L, S1 = 2*PP − H R2 = PP + (H − L), S2 = PP − (H − L). ADR projections Daily range series rng = request.security(..., "D", high - low). ADR = SMA(rng, L) (default L=14). Anchor is user-selectable: today’s open or yesterday’s close. Projections: ADR Up = anchor + ADR/2, ADR Down = anchor − ADR/2. Settlement Prev Settle defaults to prior ETH daily close but can be overridden manually for markets where official settlement differs from feed close. Today Projected Settle uses the current ETH daily close value. Weekly / Monthly context Prior W/M H/L/C from "W"/"M" with , plus current W/M Open. Rendering & label logic (originality) Lines are persistent: each named level owns one line object that is updated, not re-created—keeps resource use low and avoids “too many plots”. Right-edge labels are text-only (no box) placed at x = bar_index + offset and yloc.price. When multiple levels share (almost) the same price, labels are packed side-by-side using a small bucketing algorithm: Prices are bucketed within ±½ tick. Each label gets a position index inside its bucket; the final x-offset = baseOffset + index*step + priority. Priorities nudge important tags (e.g., Settle/RTH levels) closer to the price scale so they remain readable. Why this is published & what’s original It’s not a simple mashup: the script’s utility is the session-aware aggregation, the OR timing logic, the intraday σ calculation around VWAP, the line-persistence manager, and the label packing with priorities that keeps the right edge readable even when many levels coincide. The closed-source protection covers the packing/priority scheme and the persistent object management that make it practical on busy futures charts without hitting Pine limits. How to use Set your sessions & time zone Choose RTH/ON session windows (the defaults match CME equity index futures) and the time zone of your charting workflow. Toggle components Enable only the layers you need (e.g., VWAP bands off if you want a cleaner chart). Opening Range length (minutes) is adjustable. Settlement If your broker/feed’s daily close isn’t the official settlement, enter a manual settle value for the prior day. Read the right edge Labels sit on the price scale line. When two labels share the same price, they appear side-by-side rather than overlapping. Timeframes & symbols Designed for intraday futures on 1–30m. Works on other symbols/timeframes but intent is day trading. Inputs (summary) Sessions/TZ: RTH window, ON window, time zone Today: RTH H/L/Mid, ON H/L, OR (minutes) VWAP: on/off, ±σ bands, multiplier Pivots: PP/R1/S1/R2/S2 (ETH) ADR: lookback, anchor (open vs. prev close) Settlement: show prev/proj, manual override Weekly/Monthly: prior H/L/C + current open Style: line transparency; right-edge tag size, base offset, and step; optional inline labels Limitations & notes “Prev Settle” equals the prior daily close unless overridden. Session definitions matter: if your exchange hours differ, set your own RTH/ON windows. No alerts are included to minimize plot count and keep performance high (you can add alert conditions on any level in a private copy). Disclaimer For educational purposes only; not financial advice. Futures trading involves significant risk. Versioning This script will be maintained under a single publication using Update (no minor forks). Major changes will be documented in the Change Log section of the script description.
Pine Script® göstergesi
thewallranka tarafından
Gann Square Levels 1 to infinity by NishantGann Square Levels 1 to infinity by Nishant This indicator plots dynamic horizontal price levels based on the squares of whole numbers (1², 2², 3², …) with a small adjustment rule: if a square ends with an even digit, 1 is added to make it odd (for example, 4² = 16 → 17). The script displays a configurable number of the nearest levels above and below the current price and updates automatically as price moves. Key features • Dynamic: shows N levels above and below the current price (default 5 each) and updates live. • Adjustment rule: every square that ends with an even digit is incremented by 1 to make it odd. • Highly configurable: customize number of levels, colors, line width, line style, and line extension (None / Left / Right / Both). • Labels: optional labels show level values. • Efficient: searches near sqrt(price) to keep calculations fast and avoid TradingView object limits. • Safe object handling: the script deletes and recreates lines/labels safely to avoid runtime errors. Inputs / user controls • Number of Levels Above/Below — how many levels are shown on each side of price. • Above Price Line Color / Below Price Line Color — choose distinct colors for clarity. • Line Width — thickness of plotted lines. • Line Style — Solid, Dashed, Dotted, Arrow Left/Right/Both. • Line Extension — None, Left, Right, Both (choose how lines extend across the chart). • Auto Update — toggle live updates on/off. • Show Level Labels — toggle numeric labels. Recommended usage • Best used as a reference grid for support/resistance planning, confluence studies, and alert generation. • Works on any timeframe and instrument, but consider increasing Number of Levels for instruments with very high price scales (or leave default and let the script pick nearest levels). • Combine with volume, momentum, or price-action signals for higher-probability setups.
Pine Script® göstergesi
nishantsingh040694 tarafından
Dynamic Support & Resistance (DSR)tndicator description: Dynamic Support & Resistance (DSR) What it does Plots dynamic support and resistance that adapt to any timeframe. In bullish phases it highlights resistances; in bearish phases it highlights supports. Works for scalping, binary options, and day trading. How it works Detects recent swing highs/lows with noise filtering. Merges nearby levels into “zones” with configurable tolerance. Promotes a zone after a valid break-and-close. Classifies context as trend, channel, or range via slope and move strength. Shows only context-relevant zones to reduce clutter. Inputs Swing length (pivot high/low). Merge tolerance (%, ticks, or ATR fraction). Lookback depth. Trend filter (EMA or optional ADX). Minimum touches to validate a zone. Display mode: lines, bands, or blocks. Break sensitivity (close condition, wick allowance, body %). Visual outputs Resistance zones during bullish phases. Support zones during bearish phases. Dual zones in ranges/channels. Labels: touch count, zone strength, last test timestamp. Signals and rules (suggested) Reversal: rejection candle at a valid zone + momentum/volume confirmation. Continuation: strong close through the zone + successful retest. Invalidation: two full closes back inside the zone in the opposite direction. Alerts (templates) “Price touched DSR Resistance .” “Break of DSR Support with close > sensitivity.” “Successful retest at DSR Zone. Possible continuation.” Timeframe guidance 1–5m: higher sensitivity, tighter tolerance. For scalping and binaries. 15–60m: balance between frequency and reliability. 4H–D: anchor levels for intraday planning. Risk management Technical stop: beyond the opposite zone + tolerance buffer. Scaled TP: first at mid-range, second at next DSR zone. Avoid trading into high-impact news. Advantages Auto-adapts to trend, channel, and range without constant tuning. Reduces noise by merging redundant levels. Focus on zones with verified touches and strength. Limitations Not predictive. Use with price/volume confirmation. In high volatility, zones can update quickly. Tune tolerance accordingly. Disclaimer Educational only. Not financial advice. Test on demo before live use.
Pine Script® göstergesi
alejandroaldasol tarafından
1