CRT + PO3 Range Theory Hey everyone, I’ve put together a little script for TradingView that tries to show the classic CRT + PO3 (Power of Three) pattern. It’s still a work in progress, so please use it on a demo account and let me know what you think!
What It Does
Accumulation Phase: On each higher‐timeframe bar (e.g. 2-hour), it draws a shaded zone where price is hanging out. That’s when we assume “big players” are quietly building positions.
Manipulation Phase: If price briefly pokes above or below that zone but then slips back inside, it marks that wick as a shake-out.
Distribution Phase: When price finally closes cleanly outside the zone, it draws another shaded area and drops a “Distribution” label plus a big LONG or SHORT arrow on that bar.
You can tweak it so it only shows signals when a bar closes (no more weird flashing mid-bar), or even allow “direct” Distribution on a clean breakout without waiting for a fake wick first.
How to Set It Up
Add the script from your Indicators list.
Pick your HTF (I like 2-hour or 4-hour).
Turn “Show Zone Labels” on or off—these are the little “Accumulation/Manipulation/Distribution” tags.
Turn “Show Entry Signals” on to get the big LONG/SHORT arrows.
If you hate flicker, check “Show signals only at bar close.”
If you want to catch a swift breakout (no fake-out needed), check “Allow direct Distribution on clean breakout.”
There are also sliders for zone colors, transparency, label size, and how far above/below the bars the labels sit.
Why It’s Still a Beta
I’m not a CRT/PO3 guru—this is more of a hobby project and a little facination for this strategy.
There might be edge cases where it misses a shake-out or flags a Distribution too early.
I take no responsibility for your trades—please only run it on a demo account until we’ve worked out the quirks.
Feedback Wanted!
If you try it out, I’d love to hear:
Did the Manipulation wicks line up where you expected?
Were the Distribution arrows on the right bars?
Any ideas for easier settings or extra alerts?
Thanks for testing and helping me turn this into something solid!
Range
Range Breakout [sgbpulse]Range Breakout
1. Overview
The "Range Breakout " indicator is a powerful tool designed to identify and visually display price ranges on your chart using pivot points. It dynamically draws two distinct boxes – an External Range and an Internal Range – helping traders pinpoint potential support and resistance zones. Beyond its visual representation, the indicator offers a comprehensive set of 12 unique breakout alerts, providing real-time notifications for significant price movements outside these defined ranges. Additionally, it integrates RSI and MFI metrics for momentum confirmation.
2. How It Works
The indicator operates by identifying pivot points based on user-defined "left" and "right" bar lengths. A high pivot is a bar with a specified number of lower highs both to its left and right, and similarly for a low pivot.
External Range: Calculated using longer pivot lengths (default: 15 bars left, 6 bars right). This range represents broader, more significant price consolidation areas.
Internal Range: Calculated using shorter pivot lengths (default: 4 bars left, 3 bars right). This range captures tighter, more immediate price consolidations within the broader trend.
The External Range will always be greater than or equal to the Internal Range, as it's based on a wider historical context. Both ranges are displayed as transparent boxes on your chart, dynamically adjusting as new pivots are formed.
3. Key Features and Settings
Customizable Pivot Lengths:
External Range (Left/Right Bars): Adjust sensitivity for identifying the broader price range. Longer lengths lead to more stable, but less frequent, range updates.
Internal Range (Left/Right Bars): Adjust sensitivity for the tighter, more immediate price range.
Tool Tips: Minimum 6 bars for the External Range, and minimum 2 bars for the Internal Range.
Customizable Range Colors: Easily change the background colors of the External and Internal Range boxes to match your chart's aesthetic.
Dynamic Range Display: The indicator automatically updates the range boxes as new pivot highs and lows are formed, always presenting the most current valid ranges.
RSI / MFI Settings:
Timeframe Source: Select the timeframe for RSI and MFI calculation.
- Chart: Calculation based on the current chart timeframe.
- Daily: Always calculated based on the daily ("D") timeframe, even if the chart is on a lower timeframe.
RSI Length: Period length for RSI calculation (default: 14).
RSI Overbought Level: Overbought level for RSI (default: 70.0).
RSI Oversold Level: Oversold level for RSI (default: 30.0).
MFI Length: Period length for MFI calculation (default: 14).
MFI Overbought Level: Overbought level for MFI (default: 80.0).
MFI Oversold Level: Oversold level for MFI (default: 20.0).
4. Synergy of Ranges & Breakout Strength
The interaction between the External and Internal Ranges provides deep insights into price movement and breakout strength:
Immediate Direction: The movement of the Internal Range (up or down) indicates the short-term directional bias within the broader framework of the External Range.
Strength Confirmation: A breakout of the External Range, followed by a breakout of the Internal Range, confirms the strength of the move and increases confidence in the breakout.
Strong Momentum ("Leaving" Ranges Behind): When price breaks out with exceptionally strong momentum, it continues to move aggressively and does not immediately form new pivots. In such situations, the existing ranges (External and Internal) remain in place while the candles "leave them behind." A "Full Candle" breakout, where the entire candle moves past both ranges, indicates a particularly powerful and decisive move.
Momentum (RSI / MFI) as Confirmation:
- RSI (Relative Strength Index): Measures the speed and change of price movements. Extreme values (above 70 or below 30) indicate overbought/oversold conditions respectively, confirming strong momentum in a breakout.
- MFI (Money Flow Index): Similar to RSI but incorporates volume. Extreme values (above 80 or below 20) indicate strong money flow in/out, reinforcing breakout confirmation.
- Importance of Confirmation: If a breakout occurs but momentum indicators do not confirm it (for example, an upside breakout while RSI is declining), this could signal weakness in the move and the risk of a false breakout (Fakeout).
5. Visuals
The indicator provides clear visual representations on the chart:
Range Boxes:
Two dynamic boxes are drawn on the chart: one for the External Range and one for the Internal Range.
These boxes update continuously, displaying the current range boundaries based on the latest pivots. They provide an immediate visual indication of support and resistance levels.
RSI/MFI Status Labels:
Small text labels appear to the right of the current bar, vertically centered.
They display the status of RSI and MFI: RSI OB (Overbought), RSI OS (Oversold), MFI OB, MFI OS, along with the exact value.
Important: The labels remain on the chart as long as the condition holds (indicator is above/below the level), unlike alerts which mark a singular crossover event.
Plotting of Key Values:
The indicator plots six invisible series on the chart, primarily to allow the user to view the exact numerical values of:
- The upper and lower bounds of the External Range (External High, External Low).
- The upper and lower bounds of the Internal Range (Internal High, Internal Low).
- The calculated RSI and MFI values (RSI, MFI).
These values are accessible for viewing through TradingView's Data Window and also via the Status Line when hovering over the relevant candle. This enables more precise quantitative analysis of range levels and momentum.
6. Comprehensive Breakout Alerts
The "Range Breakout " indicator provides 12 distinct alert conditions for breakouts, allowing you to select the required level of confirmation for each alert. All alerts are triggered only upon a fully confirmed bar close (barstate.isconfirmed) to minimize false signals and ensure reliability.
All breakout alerts are configured to detect a Crossover/Crossunder of the levels, meaning a specific event where the price moves from one side of the range to the other.
External Range Breakout UP
- Close: Price closes above the External Range.
- Real Body: The entire "real body" of the candle (min of open/close prices) closes above the External Range.
- Full Candle: The entire candle (the lowest point of the candle) closes above the External Range.
External Range Breakout DOWN
- Close: Price closes below the External Range.
- Real Body: The entire "real body" of the candle (max of open/close prices) closes below the External Range.
- Full Candle: The entire candle (the highest point of the candle) closes below the External Range.
Internal Range Breakout UP
- Close: Price closes above the Internal Range.
- Real Body: The "real body" of the candle closes above the Internal Range.
- Full Candle: The entire candle closes above the Internal Range.
Internal Range Breakout DOWN
- Close: Price closes below the Internal Range.
- Real Body: The "real body" of the candle closes below the Internal Range.
- Full Candle: The entire candle closes below the Internal Range.
7. Ideal Use Cases
This indicator is ideal for traders who:
Want to clearly identify and monitor price consolidation zones.
Seek confirmation for breakout strategies across various timeframes.
Require reliable and automated alerts for potential entry or exit points based on range expansion.
8. Complementary Indicator
For even more comprehensive market analysis, we highly recommend using this indicator in conjunction with Market Structure Support & Resistance External/Internal & BoS .
This powerful complementary indicator automatically and accurately identifies significant support and resistance levels by locating high and low pivot points, as well as key Pre-Market High/Low levels. Its strength lies in its dynamic adaptability to any timeframe and asset, providing precise and relevant real-time levels while maintaining a clean chart. It also identifies Break of Structure (BoS) to signal potential trend changes or continuations.
Using both indicators together provides a robust framework for identifying defined ranges and potential trend shifts, enabling more informed trading decisions.
View Market Structure Support & Resistance External/Internal & BoS Indicator
9. Important Note: Trading Risk
This indicator is intended for educational and informational purposes only and does not constitute investment advice or a recommendation for trading in any form whatsoever.
Trading in financial markets involves significant risk of capital loss. It is important to remember that past performance is not indicative of future results. All trading decisions are your sole responsibility. Never trade with money you cannot afford to lose.
The Essa System V1.5The Essa System V1.5
Overview
The Essa System is a comprehensive trading strategy and backtesting tool designed for traders who use market structure and Fibonacci retracements. It automatically identifies significant trading ranges, calculates key retracement levels, and then backtests a complete trading strategy based on entries at these levels.
This is more than just an indicator; it's a full suite of analytical tools designed to help you develop, test, and analyze a complete trading plan directly on your chart.
How It Works
The system's logic is based on a classic price action concept:
Range Detection: First, it automatically identifies a significant trading range by finding the highest high and lowest low based on pivot points over a user-defined lookback period.
Fibonacci Analysis: Once the range direction (bullish or bearish) is established, the script calculates and displays key Fibonacci retracement levels (50%, 61.8%, 70.5%, and 78.6%).
Trade Execution: The system then looks for historical and live trading opportunities, entering a trade when the price pulls back to one of the enabled Fibonacci levels. All trades are managed with a predefined Stop Loss and Take Profit in pips.
Key Features
Automatic Range & Fibonacci Analysis: Automatically draws the primary trading range and key Fib levels, updating as market structure evolves.
Historical Backtesting: Plots all historical trade entries based on the strategy rules, allowing for a complete performance review over the chosen chart history.
Detailed Trade Visuals: Displays active trades on the chart with clear lines and boxes for entry, stop loss, and take profit zones.
Advanced Session Filtering: Allows you to isolate trades to specific market sessions (London, New York, Asia) with timezone support and daily trade limits.
Built-in Risk Management: A cornerstone of the system. It automatically calculates the required position size for each trade based on your specified Account Size, Risk Percentage, and Stop Loss.
Comprehensive Performance Tables: The script includes two powerful analytical tables:
Trade Helper Table: Shows the status of live or potential upcoming trades, including entry/SL/TP prices and the calculated position size.
History Table: Logs all recent trades and calculates key statistics like Profit Factor, Win Rate, and the overall PnL impact on your account balance.
Customizable Strategy: Fine-tune every aspect of the strategy with inputs for the lookback period, SL/TP in pips, which Fib levels are tradable, and a cooldown timer to prevent over-trading.
How to Use
Add the indicator to your chart.
Navigate to the settings and, under "Account Settings," configure your Account Size and Risk Per Trade (%). This is essential for the PnL and position sizing calculations to be meaningful.
Under "Session Filter Settings," adjust the sessions you wish to trade.
Analyze the historical trades and the performance tables to understand the strategy's behaviour on your chosen asset and timeframe.
Disclaimer: This is a tool for strategy analysis and backtesting. It is not financial advice. Past performance is not indicative of future results. Always use proper risk management.
[ BETA ][ IND ][ LIB ] Dynamic LookBack RSI RangeGet visual confirmation with this indicator if the current range selected had been oversold or overbough in the latest n bars
Price Range Retrace statisticks [HERMAN]📈 Price Range Retrace Stats
This indicator is designed to help traders quantify how often price retraces to a selected equilibrium level (e.g., 50%) after sweeping the high/low of a defined time-based range.
It is especially useful for modeling sessions such as the London Opening Range (e.g., 02:00–03:00 NY time), checking if price sweeps that range in a subsequent window (e.g., 03:00–04:00), and returns to its 50% level.
✅ What does it do?
Lets you define multiple time ranges (e.g. London, NY Open, custom ranges).
Draws the range box for the selected session time.
Calculates and plots the retracement level (default 50%).
Checks if price sweeps the high/low of the range before retracing.
Tracks success rate, average distance, sample size and displays these stats in a table.
⚙️ Key Features:
Fully customizable time windows (range box time and retracement check time).
-Configurable retracement % (default 50% equilibrium).
-Optional sweep condition (only count retracements if price sweeps the high/low first).
-Clean, theme-adaptive stats table with success rates and averages.
-Supports two independent levels (e.g. London and NY sessions).
📊 Why use it?
This tool turns session-based setups into statistical models:
Backtest session strategies over many days.
Quantify edge with % success over time.
Validate trading ideas with data.
Use probabilities instead of gut feeling.
Example insight you can track:
“Between 3–4 AM NY time, price swept the high/low of the 2–3 AM London Opening Range and returned to its 50% equilibrium level in 64% of 234 sessions.”
📌 Ideal for:
ICT concepts (Opening Range, Sweep, Equilibrium Return).
Algo developers wanting probabilities.
Anyone who wants data-driven confirmation for session range mean-reversion.
Instructions:
1️⃣ Enable the desired Price Range (1 or 2).
2️⃣ Set your Range Time (e.g. 02:00–03:00).
3️⃣ Set your Retracement Check Time (e.g. 03:00–04:00).
4️⃣ Choose retracement % (e.g. 50%).
5️⃣ Watch the box and retrace line plot on chart.
6️⃣ Review the success statistics in the table.
HTF Box Range Overlay - FIXEDThis script overlays higher timeframe candles (e.g. 4H) onto lower timeframe charts (e.g. 5min), showing both the body and wick ranges of the last N HTF candles.
Features:
✔ Displays both candle body and wick as separate shaded boxes
✔ Fully customizable for bullish/bearish colors and wick appearance
✔ Supports any higher timeframe (15m, 1H, 4H, 1D, etc.)
✔ Clean overlay with no performance lag
✔ Automatically adjusts in real-time as new candles form
Great for traders using HTF zones, supply/demand, or structure-based confluence. Works best when used on intraday charts.
Simple Sessions & LevelsWhat this indicator does:
This script marks out two essential types of price levels for intraday and swing traders:
The high and low of a customizable 15-minute opening range after the market/session open.
The previous day’s high, midpoint (“halfback”), and low.
How it works:
The script lets you set the session start time (hour and minute) to match your market.
It then calculates the high and low of the first 15 minutes after the session opens and plots those as solid lines.
It also plots the prior day’s high, halfback (midpoint), and low on your chart for easy reference.
Each line and each label can be toggled on or off independently in the settings for maximum customization.
Colors for each level are also fully customizable.
How to use it:
Add the script to your chart.
Set the session start hour and minute to match the open of the market or instrument you trade.
Choose which levels and labels you want displayed by using the toggles in the settings.
The indicator will automatically draw the session range and prior day levels for you.
Use these lines as reference for key support, resistance, and potential trade entry/exit points.
What makes it unique and useful:
This tool combines a flexible session opening range with classic daily reference levels in one package. You have complete control over which levels and labels are shown, making it adaptable for any trading style. It’s especially useful for day traders who want to quickly identify volatility windows and the most important price levels from the previous session.
Opening Range Breakout (15 mins Range)Take the guesswork out of your trading with the Opening Range Breakout Pro script. This tool automatically marks the high and low of the first 15 minutes of the NYSE session, then highlights the first candle to break out above or below this range—removing ambiguity from your trade entries.
The opening range is one of the most powerful concepts in day trading. By identifying the price range set during the market’s first minutes, you gain a clear framework for your trades. When price breaks out above the range, it often signals a strong bullish move; a break below signals bearish momentum. This script visually marks these moments, so you can react quickly and confidently.
Why use Opening Range Breakout Pro?
• Defined Entry and Exit Points: The script gives you clear, objective breakout levels—no more guessing when to enter a trade.
• Removes Emotional Trading: With visual cues for breakouts, you can follow a systematic approach and avoid hesitation or FOMO.
• Backtested, Time-Tested Strategy: The opening range breakout has been used by professional traders for decades to capture early trends and maximize profit potential.
• High Reward Potential: By capitalizing on the volatility and momentum of the opening session, traders often catch the best moves of the day.
• Easy to Use: Just add to your chart—no configuration needed. The script works on any NYSE stock, on a 5-minute chart.
How it works:
• Draws the opening 15-minute high and low as orange lines.
• Labels the range prices for quick reference.
• Marks the first candle to close above the range with an orange ▲, and the first to close below with an orange ▼.
Take control of your trading day, remove uncertainty, and trade with confidence—just like the pros.
Session Range ProjectionsSession Range Projections
Purpose & Concept:
Session Range Projections is a comprehensive trading tool that identifies and analyzes price ranges during user-defined time periods. The indicator visualizes high-probability reversal zones and profit targets by projecting Fibonacci levels from custom session ranges, making it ideal for traders who focus on time-based market structure analysis.
Key Features & Calculations:
1. Custom Time Range Analysis
- Define any time period for range calculation - from traditional sessions (Asian, London, NY) to custom periods like opening ranges, hourly ranges, or 4-hour blocks
- Automatically captures the highest and lowest prices within your specified timeframe
- Supports multiple timezone selections for global market analysis
- Flexible enough for intraday scalping ranges or longer-term swing trading setups
2. Premium & Discount Zones
- Automatically divides the range into premium (above 50%) and discount (below 50%) zones
- Visual differentiation helps identify institutional buying and selling areas
- Color-coded boxes clearly mark these critical price zones
3. Optimal Trade Entry (OTE) Zones
- Highlights the 79-89% retracement zone in premium territory
- Highlights the 11-21% retracement zone in discount territory
- These zones represent high-probability reversal areas based on institutional order flow concepts
4. Fibonacci Projections
- Projects 11 customizable Fibonacci extension levels from the range extremes
- Levels extend both above and below the range for symmetrical analysis
- Each level can be individually toggled and color-customized
- Default levels include common retracement ratios: -0.5, -1.0, -2.0, -2.33, -2.5, -3.0, -4.0, -4.5, -6.0, -7.0, -8.0
How to Use:
Set Your Time Range: Input your desired session start and end times (24-hour format)
Select Timezone: Choose the appropriate timezone for your trading session
Customize Display: Toggle various visual elements based on your preferences
Monitor Price Action: Watch for reactions at projected levels and OTE zones
Set Alerts: Configure sweep alerts for when price breaks above/below range extremes
Input Parameters Explained:
Time Range Settings
Range Start/End Hour & Minute: Define your analysis period
Time Zone: Ensure accurate session timing across different markets
Visual Settings
Range Box: Toggle the premium/discount zone visualization
Horizontal Lines: Customize high/low line appearance
Internal Range Levels: Show/hide equilibrium and OTE zones
Labels: Configure text display for key levels
Fibonacci Projections: Enable/disable extension levels
Display Settings
Historical Ranges: Show up to 10 previous session ranges
Alert Type: Choose between high sweep, low sweep, or both
Trading Applications:
Session-Based Trading: Analyze specific market sessions (Asian, London, New York, opening ranges, hourly ranges)
Reversal Trading: Identify high-probability reversal zones at OTE levels
Breakout/Reversal Trading: Monitor range breaks/reversals with built-in sweep alerts
Risk Management: Use Fibonacci projections as profit targets or rejection areas
Multi-Timeframe Analysis: Apply to any timeframe for various trading styles
Important Notes:
This indicator is for educational purposes only and should not be considered financial advice
Past performance does not guarantee future results
Always use proper risk management when trading
The indicator automatically manages historical data to maintain chart performance
HTF 3rd Weekly High/LowThis indicator plots horizontal lines for the high and low of a selected past weekly candle, allowing traders to visualize higher time frame (HTF) structure on lower time frame charts (e.g., 1H, 4H, etc.).
Features:
Custom Weekly Range Selection: Use the dropdown to choose which weekly candle to reference — from the current week (0) to up to five weeks back.
Clean Horizontal Lines: High and low levels of the selected week are drawn as persistent horizontal lines.
Automatic Text Labels: Labels like Week-3H and Week-3L are shown on the right side of the chart, matching the week selected.
Customization:
Line colors
Line width and style (solid, dotted, dashed)
Text label offset
Automatic Refresh: Levels and labels are redrawn at the start of each new week to stay current with your selection.
Session RangeThis Indicator Shows you the high, low and the midpoint for a chosen session and displays them on the chart.
You can make the following inputs:
Timezone: Choose your time zone (in UTC) to display the session correctly
Session Time: Choose the start time and end time of the session you want to have displayed.
Show Session Midpoint: Choose between displaying or not displaying the midpoint of the sessions high and low.
Extend Session Values until next Session: Choose this option if you want to display the sessions range until the next session starts. The midpoint will only be displayed if you chose "yes" at "Show Session Midpoint?"
Maximum number of bars between sessions: This is needed to ensure the correct display of the extended lines. Also this will affect the running speed of the script.
Limitations:
A higher number between bars slows down the script. What does that mean practically? If you choose to not have the sessions values displayed until the next session you can set this to 1 and the script will run as fast as it can. If you choose to display all the values until the next session you have to make sure that the number you put in is higher than the number of bars between the sessions. Otherwise the lines will be displayed backwards. As this affects the calculation speed you want to keep the number as low as possible. The default setting is 300 which is fine for 5 minute charts. On a 1 minute chart you will have to use something around 5000 depending on how long your session is.
Also the script will only run correctly if the start time of your session can be divided by the timeframe you are using. Example: you can use a 1min, 3min, 5min, or 15min chart on all sessions as they can only start every 15 minutes and 15 can be divided by all these numbers. A 2 minute timeframe will only work on sessions that start at minute 00 or 30, as 15 and 45 can not be divided by 2.
Customization and Alerts:
You can change the color of the sessions high, low, midpoint and background filling. The line style can also be changed but this might lead to a faulty display of the session.
The style of the extension lines can not be altered.
Alerts can be added for crossing the sessions high or low (after the session is finished). You do not have to display the extension lines in order to set an alert.
credit: The inspiration (especially for the look of this indicator) comes from the Asian Range by Nico948 indicator.
15Min Opening Range & Midline (UTC+2) This TradingView script draws the 15-minute Opening Range of the day based on a user-defined start time and plots the high, low, and midline of this range. It works by capturing the high and low of the first 15 minutes of the session, and then extending them for the rest of the trading day. The midline is calculated as the average of the high and low values.
Key Features:
User-configurable start time: Define the hour and minute for when the opening range should start based on your local time zone.
Line customization: Choose the color and line style (solid, dashed, dotted) for the high, low, and midline.
Easy-to-read visual representation: The high and low lines extend across the chart from the range start, with the midline placed in the center.
Dynamic updates: The indicator resets at the start of each new trading day and updates the opening range lines accordingly.
Perfect for:
Traders looking to monitor the initial market range during the first 15 minutes of trading.
Identifying key support and resistance levels based on early price action.
Providing a midline to assess market bias and potential breakouts.
Notes:
The indicator calculates everything based on the local time zone you define and automatically adjusts to your desired start time.
It will not redraw lines; once drawn, they remain on the chart until the next session.
Swing High/Low LQ TrackerAn interactive tool to track liquidity events. Select start and end points on your chart—this indicator will automatically detect and plot the highest high and lowest low from that window, then extend those levels forward. If price sweeps either level, it marks the event with a clean "LQ" tag.
Perfect for traders who want to identify session-based liquidity, like killzone highs/lows, without manually drawing and deleting lines every day.
How It Works
-Select start and end time directly from settings
-Indicator calculates the swing high and low during that range
-Lines extend beyond the session until broken
-“LQ” markers appear when price sweeps the swing levels
It’s a must-have for ICT traders, smart money traders, or anyone who wants to track key liquidity levels without clutter.
Simple and effective tool for marking important ranges and tracking when liquidity is taken. No complex settings - just select your range and monitor the levels.
Dynamic Range Filter with Trend Candlesticks (Zeiierman)█ Overview
Dynamic Range Filter with Trend Candlesticks (Zeiierman) is a volatility-responsive trend engine that adapts in real-time to market structure, offering a clean and intelligent visualization of directional bias. It blends dynamic range calculation with customizable smoothing techniques and layered trend confirmation logic, making it ideal for traders who rely on clear trend direction, structural range analysis, and momentum-based candlestick signals.
By measuring scaled volatility over configurable lengths and applying advanced moving average techniques, this indicator filters out market noise while preserving true directional intent. Complementing this, a dual-trend system (range-based and candle-based) enhances clarity and responsiveness, particularly during shifting market conditions.
█ How It Works
⚪ Scaled Volatility Band Calculation
At the core lies a volatility engine that constructs adaptive range bands around price using smoothed high/low calculations. The bands are dynamically adjusted using:
High/Low Smoothing – Applies a moving average to the raw high and low data before calculating the range.
Scaled Range Volatility – A 2.618 multiplier scales the distance between smoothed highs and lows, forming a responsive volatility envelope.
Band Multiplier – Controls how wide the upper/lower range bands extend from the mean.
This filtering process minimizes false signals and highlights only structurally meaningful moves.
⚪ Multi-Type Smoothing Engine
Users can choose from a wide array of smoothing algorithms for trend construction, including:
HMA (default), SMA, EMA, RMA
KAMA – Adapts to market volatility using efficiency ratios.
VIDYA – Momentum-sensitive smoothing using CMO logic.
FRAMA – Dynamically adjusts to fractal dimension in price.
Super Smoother – Ideal for eliminating aliasing in range signals.
This provides the trader with fine-tuned control over reactivity vs. smoothness.
⚪ Trend Detection (Dual Engine)
The indicator includes two independent trend tracking systems:
Main Trend Filter – Based on adaptive volatility band shifts.
Candle Trend Filter – A second-tier confirmation using smoothed candle data, ideal for directional candles and confirmation entries.
█ How to Use
⚪ Trend Confirmation
Use the Trend Line and colored candlesticks for high-probability entries in the trend direction. The more trend layers that align, the higher the confidence.
⚪ Reversal Zones
When the price reaches the outer bands or fails to break them, look for candle color shifts or a crossover in the range to anticipate possible reversals or consolidations.
█ Settings
Scaled Volatility Length – Controls the lookback used to stabilize the base volatility band.
MA Type & Length – Choose and fine-tune the smoothing method (HMA, EMA, KAMA, etc.)
High/Low Smoother – Pre-smoothing for structural high/low banding.
Band Multiplier – Adjusts the width of the dynamic bands.
Trend Length (Candles) – Length used for candle-based trend confirmation.
-----------------
Disclaimer
The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Range Progress TrackerRANGE PROGRESS TRACKER(RPT)
PURPOSE
This indicator helps traders visually and statistically understand how much of the typical price range (measured by ATR) has already been covered in the current period (Daily, Weekly, or Monthly). It includes key features to assist in trend exhaustion analysis, reversal spotting, and smart alerting.
CORE LOGIC
The indicator calculates the current range of the selected time frame (e.g., Daily), which is:
Current Range = High - Low
This is then compared to the ATR (Average True Range) of the same time frame, which represents the average price movement range over a defined period (default is 14).
The comparison is expressed as a percentage, calculated with this formula:
Range % = (Current Range / ATR) × 100
This percentage shows how much of the “average expected move” has already occurred.
WHY IT MATTERS
When the current range approaches or exceeds 100% of ATR, it means the price has already moved as much as it typically does in a full session.
This indicates a lower probability of continuing the trend with a new high or low, especially when the price is already near the session's high or low.
This setup can signal:
A possible consolidation phase
A reversal in trend
The market entering a corrective phase
SMART ALERTS
The indicator can alert you when:
A new high is made after the range percentage exceeds your set threshold.
A new low is made after the range percentage exceeds your set threshold.
You can adjust the Range % Alert Threshold in the settings to tailor it to your trading style.
Range Filter Strategy with ATR TP/SLHow This Strategy Works:
Range Filter:
Calculates a smoothed average (SMA) of price
Creates upper and lower bands based on standard deviation
When price crosses above upper band, it signals a potential uptrend
When price crosses below lower band, it signals a potential downtrend
ATR-Based Risk Management:
Uses Average True Range (ATR) to set dynamic take profit and stop loss levels
Take profit is set at entry price + (ATR × multiplier) for long positions
Stop loss is set at entry price - (ATR × multiplier) for long positions
The opposite applies for short positions
Input Parameters:
Adjustable range filter length and multiplier
Customizable ATR length and TP/SL multipliers
All parameters can be optimized in TradingView's strategy tester
You can adjust the input parameters to fit your trading style and the specific market you're trading. The ATR-based exits help adapt to current market volatility.
MTF PO3 Big Candle[RanaAlgo]The MTF PO3 Big Candle indicator displays a synthetic higher-timeframe candle (e.g., 1D or 4H) directly on your current chart for easier multi-timeframe analysis. It fetches OHLC data from the selected timeframe and plots a large, customizable candle with adjustable body thickness, optional wicks, and clear price labels. Dotted guide lines extend the high and low prices backward for reference, while an optional countdown timer shows the remaining time until the candle closes. The candle updates in real-time without repainting, helping traders track key levels from higher timeframes without switching charts. Colors, positioning, and visibility of elements can be fully customized.
Daily Price RangeThe indicator is designed to analyze an instrument’s volatility based on daily extremes (High-Low) and to compare the current day’s range with the typical (median) range over a selected period. This helps traders assess how much of the "usual" daily movement has already occurred and how much may still be possible during the trading day.
ADR & ATR OverlayADR & ATR Overlay
This indicator will display the following as an overlay on your chart:
ADR
% of ADR
ADR % of Price
ATR
% of ATR
ATR % of Price
Description:
ADR : Average Day Range
% of ADR : Percentage that the current price move has covered its average.
ADR % of Price : The percentage move implied by the average range.
ATR : Average True Range
% of ATR : Percentage that the current price move has covered its average.
ATR % of Price : The percentage move implied by the average true range.
Options:
Time Frame
Length
Smoothing
Enable or Disable each value
Text Color
Background Color
How to use this indicator:
The ADR and ATR can be used to provide information about average price moves to help set targets, stop losses, entries and exits based on the potential average moves.
Example: If the "% of ADR" is reading 100%, then 100% of the asset's average price range has been covered, suggesting that an additional move beyond the range has a lower probability.
Example: "ADR % of Price" provides potential price movement in percentage which can be used to asses R/R for asset.
Example: ADR (D) reading is 100% at market close but ATR (D) is at 70% at close. This suggests that there is a potential move of 30% in Pre/Post market as suggested by averages.
Notes:
These indicators are available as oscillators to place under your chart through trading view but this indicator will place them on the chart in numerical only format.
Please feel free to modify this script if you like but please acknowledge me, I am only a hobby coder so this takes some time & effort.
Trading Sessions
Trading Sessions
Highlights the Asia, London, and New York trading sessions with dynamic High-Low boxes.
General
Timezone : select your reference zone (e.g. Exchange, UTC, Europe/Rome, America/New_York).
Extend Session High/Low : extend the High/Low lines to the last candle.
Extend Lines (bars) : number of bars to extend lines beyond the last candle (0–100, default 15).
Show High/Low Labels : display labels for the High/Low levels.
Show Mitigated Levels : also show mitigated (broken) levels.
Show Only Recent Levels : filter levels from the last N days.
Number of Recent Days : sets how many days are considered “recent” (1–30).
Show Debug Info : enable a panel with current time, session status, and active filters.
Sessions
Asia , London , New York : enable or disable each session.
Session Time : set the start/end times with the time picker.
Box Color : choose a semi-transparent highlight color for each session.
Line Style & Width : customize style (Solid, Dotted, Dashed) and width of current and past High/Low lines.
Text Size : select the label text size (Tiny, Small, Normal, Large).
Show Only Recent Levels – filters High/Low lines to show only those from the last Number of Recent Days .
Number of Recent Days – sets how many days are considered “recent” for the filter.
Show Mitigated Levels – enables display of broken levels; otherwise only active levels remain visible.
Show High/Low Labels – toggles text labels at the ends of lines on or off.
Show Debug Info – displays a floating panel showing:
Current time in the selected timezone
On/Off status of Asia, London, NY sessions
Active filters (recent days, mitigated levels)
Line style settings for each session
Key Benefits
Visualize session-specific volatility and potential breakouts.
No historical limit: scroll back through any past sessions.
Filter and extend High/Low levels for precise price context.
Fully customize to fit any chart layout.
Ideal For
Intraday traders who need clear session boundaries and price level context.
Compression Patterns (w/ Trend + Proximity Filter)🧠 Description:
This indicator identifies high-probability price compression patterns within trending environments — a setup prized by experienced swing and day traders alike. It combines the classic NR4, NR7, 2-Bar NR, 3-Bar NR, and Inside Day formations with a powerful trend filter and proximity logic to deliver clear, focused signals.
🔍 What's Inside:
▪️ Compression Patterns
The core of this tool lies in the logic of price compression. These patterns signal the market taking a breath — volatility contracts, volume dries up, and price coils like a spring.
When this happens in the right context, the next move is often explosive.
NR4 / NR7: Narrowest range in 4 or 7 bars — excellent for spotting the quiet before the storm.
2-Bar NR / 3-Bar NR: These identify the tightest consecutive 2 or 3-day ranges over the past 20 days — contextually rare and powerful.
Inside Day: A simple but highly effective consolidation pattern, especially when it clusters around key moving averages.
▪️ Trend Filter (EMA Stack)
You could say this is where most indicators fall apart — no context.
This one doesn’t make that mistake.
Signals only fire when the 10 EMA > 20 EMA > 50 EMA, and price is above the 20 EMA. That’s a strong, established uptrend — the only environment where breakouts are statistically favourable.
Why?
Because trend following works.
It may not give you fixed daily returns, but it’s the only strategy with theoretically infinite profit potential. You risk little, trade less, and position yourself for rare but massive moves. That’s the edge.
▪️ Proximity Filter (1 ATR to EMA)
We’ve added another layer of discipline. Signals only fire when price is:
Within 1 ATR of the 10 EMA (if price is above it), or
Within 1 ATR of the 20 EMA (if price is below the 10 EMA)
This ensures you’re not chasing. You’re waiting for tight, controlled pullbacks into dynamic support — exactly where institutions add size, not exit.
⚙️ Fully Customisable:
Toggle visibility of each pattern
Custom colours and transparency for label & background
Adjustable ATR length and multiplier
Change label text if needed (useful for translations or tweaks)
🎯 Ideal Use Case:
Swing trading off the daily chart
Day trading with VWAP/MACD filters (in alternate versions)
Supplementing price action strategies
🔚 Final Word:
This isn’t an “everything scanner.”
It’s a discerning sniper scope for traders who wait patiently for clean trends, tight consolidations, and perfect proximity — then strike.
Trading Sessions [BigBeluga]
This indicator brings Smart Money Concept (ICT) session logic to life by plotting key global trading sessions with volume and delta analytics. It not only highlights session ranges but also tracks their midpoints — which often act as intraday support/resistance levels.
🔵 KEY FEATURES
Visual session boxes: Plots boxes for Tokyo, London, New York, and Sydney sessions based on user-defined UTC+0 time ranges.
Volume & delta metrics: Displays total volume and delta volume (buy–sell difference) within each session.
Mid, High & Low Range Extension: Once a session ends, the high, low, and midpoint levels automatically extend — ideal for detecting SR zones.
Session labels: Each box includes a label with session name, time, volume, and delta for quick reference.
Custom session control: Enable or disable sessions individually and configure start/end times.
Clean aesthetics: Transparent shaded boxes with subtle borders make it easy to overlay without clutter.
Sessions Dashboard: Shows the time range of each session and tells you whether the session is currently active.
🔵 USAGE
Enable the sessions you want to monitor (e.g., New York or Tokyo) from the settings.
Use session volume and delta values to gauge the strength and direction of institutional activity.
Watch for price interaction with the extended range — it often acts as dynamic support/resistance after the session ends.
Overlay it with liquidity tools or breaker blocks for intraday strategy alignment.
🔵 EXAMPLES
Extended Future Range acted as resistance/support.
Delta value helped confirm bullish pressure during New York open.
Multiple sessions helped identify kill zone overlaps and high-volume turns.
Trading Sessions is more than just a visual scheduler — it's a precision tool for traders who align with session-based volume dynamics and ICT methodology. Use it to define high-probability zones, confirm volume shifts, and read deeper into the true intent behind market structure.
VWAP 2.0 with desv + Initial Balance by RiotWolftrading🌟 Overview
This powerful tool is designed for traders who want to harness the power of the Volume Weighted Average Price (VWAP) alongside session-based ranges to make informed trading decisions. Whether you're a day trader or a swing trader, this indicator provides a clean and effective way to identify support, resistance, and market trends—all in one place! 💡
✨ Key Features
Auto-Anchored VWAP 📊
Automatically calculates the VWAP based on a user-defined anchor period (e.g., Daily, Weekly, Monthly).
Resets at the start of each period (e.g., daily for a Daily anchor).
Displays a customizable VWAP line with standard deviation bands to highlight key price levels.
Standard Deviation Bands 📏
Plots up to three sets of standard deviation bands above and below the VWAP (multipliers: 1.0, 2.0, 3.0).
Includes volume percentage labels to show where trading volume is concentrated. 📉
Session High/Low Range 🕒
Identifies the high and low prices within a customizable session (default: 12:00 to 15:31).
Draws horizontal lines at the session high and low, with dotted deviation lines for additional reference points.
Perfect for spotting key levels during your trading session! 🔑
Time-Based Range Box ⏰
Highlights a specific time window (default: 15:40 to 15:50) with a colored box showing the high and low prices.
Ideal for tracking price action during high-impact events like news releases or market opens. 📅
Alerts 🚨
Set up alerts for when the price crosses above or below the VWAP—never miss a potential trading opportunity!
⚙️ Settings
Customize the indicator to fit your trading style with these easy-to-use settings:
VWAP Settings
Timezone 🌍: Select your timezone (default: GMT+2) to align calculations with your local time.
VWAP Source 📈: Choose the price source for VWAP (default: hlc3 - average of high, low, close).
Std Deviation Multipliers 📐: Adjust the multipliers for the bands (default: 1.0, 2.0, 3.0).
Line Width ✏️: Set the thickness of the VWAP and band lines (default: 1).
Session Time ⏳: Define the session window for VWAP calculations (default: 08:00-18:00, all days).
Show Upper/Lower Bands 👀: Toggle visibility for each set of bands (default: Band 1 visible, Bands 2 & 3 hidden).
Range Settings
Range Start/End Time 🕙: Set the time window for the range box (default: 15:40 to 15:50).
Box Color 🎨: Customize the border color (default: blue).
Box Background Color 🖌️: Adjust the background color (default: light aqua, 90% transparency).
I created this indicator to provide a streamlined, clutter-free tool for traders who rely on VWAP and session-based analysis. It focuses on the essentials—VWAP, standard deviation bands, session high/low, and range box—without unnecessary overlays. I hope it helps you in your trading journey! If you have feedback or suggestions, feel free to share—I’d love to hear from you! 😊
