MACD, RSI, & RVOL Strategy
This strategy combines the use of MACD (12, 26, 9), RSI (14, 30, 70), and RVOL (14) to create Long Buy and Sell signals. This works well with many different time intervals but was developed with 15-minute intervals in mind.
Using MACD as a reference, the strategy identifies when the MACD line crosses over (a factor in a buy signal) and under (a factor in a Sell signal) the Signal line. This shows a shift in positive (cross over) and negative (cross under) of a security.
Using the Relative Strength Index ( RSI ) as an indicator, the strategy notices when the velocity and magnitude of the directional price movements cross over the Oversold signal (30) and crosses under the Overbought signal (70) as a factor in creating a Buy and Sell signal.
Using Relative Volume (RVOL) as an indicator, the strategy calculates when the current volume has crossed over the 2x average volume indicator over a given period and is then used as a factor in creating a Buy signal. RVOL is also used when the change in volume crosses under a set RVOL number (in this strategy, it is set to a RVOL of 5).
RVOL = Current Volume / Average Volume over a certain period
This strategy indicates a Buy signal when 2/3 conditions are met:
- RSI Cross Over the Over Sold signal (default 30)
- MACD Cross Over of Signal ( MACD > Signal)
- RVOL Cross Over of 2 (RVOL > 2)
This strategy indicates a Sell signal when 2/3 conditions are met:
- RSI Cross Under the Over Bought signal (default 70)
- MACD Cross Under of Signal ( MACD < Signal)
- RVOL Cross Under 5 (RVOL < 5)
Enjoy and leave feedback!
"30年国债收益率" için komut dosyalarını ara
Multiple Screeners with AlertsI already published few version of my custom screeners. Unfortunately, because of TradingView's security function call limit you can't use more than 40 stocks in 1 screener.
Fortunately, you can compute multiple values in your function and screen few indicators at once.
In this script I show how you can compute 5 indicators at the same time for 40 instruments. I display then in different labels.
Every label consist of list of instruments satisfying current indicator conditions and a value for it. It can be absolute value as for RSI or -1/1 representing Bullish/Bearish event.
Also you can create 1 alert with result of all screeners inside.
In this example I took 5 indicators with following conditions:
RSI - "RSI < 30" or "RSI > 70"
TSI - "TSI < -30" or "RSI >30"
ADX - "ADX > 40"
MACD - "MACD Bullish Cross" or "MACD Bearish Cross" (1 and -1 in screener)
AO - "AO Crosses 0 UP" or "AO Crosses 0 DOWN" (1 and -1 in screener)
Params
- bars_apart - this parameter define how may bars apart you labels are on your chart. If you see labels overlapping, increase this number.
- Parameters for all used indicators
- 40 symbol inputs for instruments you want to use in this screener
Alerts
You can create an alert from it easily by selecting screener name from the list and then selecting "Any alert() function call".
No additional configuration is required, message and alert on close is generated in the code.
You should better change default name for your alert. Sometimes because of big amount of inputs you might receive an error.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and the script don’t provide any financial advice.
RSI Classic Strategy (by Coinrule)One of the questions hobbyist traders more often ask is: what is the perfect trading indicator?
Every indicator is just a tool, so its efficiency is proportional to your ability to read its signals and translate them into an actionable trading strategy. The RSI is likely the most flexible and easy to use among the technical indicators.
This trading strategy tries to catch short-term swings on the coins of your choice with a simple yet profitable setup.
Buy when the RSI is lower than 30 (you can adjust it to 35 in times of steep uptrend).
Sell when the RSI is greater than 65 (the target may range between 60 and 75 depending on the volatility of the coin).
Note that the buy signal comes when the indicator crosses below 30 and not when it crosses above 30 as it happens on the built-in RSI strategy on Tradingview.
The present script overperforms the built-in strategy, even adding trading fees and using a lower amount of capital for each trade (30%). That means that the system can deliver higher net-profits with lower risk levels.
A typical example of market conditions where this strategy works perfectly is as follows.
The first initial breakout indicates that a new leg up in the trend may start. Bitcoin starts to trade within a range which you can identify when it reaches the point 3. That is the perfect time to start the rule because
- trading within a channel anticipates possible swings up and down
- the trend is on the upside, providing low downside risk in buying the dips.
This strategy works well with selected coins of your choice, and it's a great fit on leverage exchanges like Binance Futures.
If you prefer to run it across all available coins on the market, instead, you may choose an optimized version.
Multi Time Frame Buy the Dips (by Coinrule)Buying the dips is a relatively easy automated trading strategy that can return impressive profits, especially during uptrend times. Not all price drops are for buying, though. This trading system is based on a multi time frame buy-the-dip approach to optimize each trade.
The strategy catches sudden price drops on a 1-hr time frame when the price increases significantly in the last 12 hours. During steep uptrends, profit-taking price actions result in flash crashes that provide great opportunity to enter at convenient prices.
Buy Condition
The setup of the script is optimized on a 30 min time frame. You can adjust the parameters to fit different time frames.
The system gets a buy signal when
- the price drops 1% from the two previous candles (1 hour time frame = two 30-min candles)
- the price is up 3% from the last 12 hours (twenty-four 30-min candles equal the desired time frame)
Sell Condition
Each trade comes with a stop loss of 3% and a take profit of 4%.
This setup has been optimized, running over 150 backtests on more than 20 different crypto trading pairs.
The strategy assumes each order to trade 30% of the available capital. A trading fee of 0.1% is taken into account. The fee is aligned to the base fee applied on Binance, which is the largest cryptocurrency exchange.
Easy Loot Golden CrossGolden/Death Cross Moving Average Indicator
30, 100 & 200 period Simple Moving Average (SMA).
30 = Yellow
100 = Green
200 = Black
Black crosses mark the 'golden crosses' as well as the 'death crosses'. These black crosses appear when the 30 crosses the 100 & when the 100 crosses the 200. These black crosses don't tell you when to buy/sell, but simply indicate interest in the market.
This code is open-source so feel free to add this indicator to your chart and play around with the different moving average timeframes & color schemes.
Golden Cross
The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market. Basically, the short-term average trends up faster than the long-term average, until they cross.
There are three stages to a golden cross:
A downtrend that eventually ends as selling is depleted
A second stage where the shorter moving average crosses up through the longer moving average
Finally, the continuing uptrend, hopefully leading to higher prices
Death Cross
Conversely, a similar downside moving average crossover constitutes the death cross and is understood to signal a decisive downturn in a market. The death cross occurs when the short term average trends down and crosses the long-term average, basically going in the opposite direction of the golden cross.
The death cross preceded the economic downturns in 1929, 1938, 1974, and 2008.
Traders Dynamic Index(RSI) w/ Bull&Bear Control ZonesMomentum (RSI) is one of the most commonly used indicators for trading, but the vast majority of traders who use it, simply apply it as an oscillator to measure overbought and oversold conditions. However, momentum is much more complex than that and using a basic RSI fails to highlight these complexities.
What this highlights are some of the areas/zones that many people may not even know about or are unaware what the RSI can actually reveal about a particular trend.
What this indicator is showing:
Fast moving RSI (Green) - 1 period
Slow moving RSI (Red) - 9 period
Bollinger Bands
Relative Strength: 1 - 100
Bearish Control Zone: 30(Below) - 45
Bullish Control Zone: 60 - 70 (Above)
How this identifies trends:
Bear Market(Bearish Control Zone):
-Support: 20(Below) - 30
-Resistance: 55 - 65
-Momentum will test resistance but will fail to hold support at 50
Bull Market(Bullish Control Zone):
-Support: 45 - 50
-Resistance: 80 - 90(Above)
-Momentum will test support but will not continue past the 45 support
How this identifies reversals:
If a market is bullish, but loses support at 45 and tests 30, it has begun reversal. If a market is bearish, but breaks 60 and tests 70, it has begun reversal.
-A bull market reversal is confirmed if it finds resistance at 60 after testing bearish support
-A bear market reversal is confirmed if it finds support at 50 after testing bullish resistance
Slow & Fast RSI w/ Boll Bands:
-The Slow and Fast RSI crossovers will act as Intermediate trends within the Macro trend - Fast crosses slow, bullish. Slow cross fast, bearish.
-Use in confluence with the Macro trend.
-While under Bearish Control, the Slow RSI will act as resistance for the Fast RSI.
-While under Bullish Control, the Slow RSI will act as support for the Fast RSI.
-The two will have an impulsive crossover when the Macro trend reverses.
-The Bollinger Bands will act as a volatility gauge for potential approaching tests of Support & Resistances. (Expansions & Contractions)
This is an analog of TDIGM (GoldMinds)
-Added Bullish/Bearish Control Zones.
-Changed Fast RSI to Green and Slow RSI to Red.
50ema + 105emaIf price action is above the 50ema + 105ema on the 30-minute chart, be bullish.
If price action is below the 50ema + 105ema on the 30-minute chart, be bearish.
If price action is in-between buy off the lower when it acts like support and sell near the top ema which will act like resistance.
The purpose of this indicator is to show these 30-minute moving averages -- regardless of timeframe. This will only appear if you are using an intraday timeframe.
Fibonacci + RSI - StrategyStrategy: Fibonacci + RSI:
- Intraday trading strategy (Scalping).
Time Frames Tested with best Results:
30 Minutes.
5 Minutes.
15 Minutes.
1 Minute
Indicators Used:
RSI (30 / 70)
Fibonacci (1 - 0.784)
How it Works:
Once the Price Hits the 1 or -1 Fibonacci Level and bounces a little bit, It checks the RSI if Over Bought or Over Sold According to 30 - 70.
If both conditions are satisfied, it triggers a Long or Short Positions.
Further Notes:
- I have put a Stop-loss with a 2% just for further upgrades.
- Not advised to use in High Volatility Markets.
- No Repaint was observed during a 2-Weeks Tests.
If you have any suggestions or modifications please contact to add.
If you have observed any bad behavior please contact to fix.
Trade wisely.
[LunaOwl] 智慧型RSI (Smart RSI - a handy tool with less noise)Relative Strength Index is a common technical analysis tool, it is classified as a momentum oscillator, measuring the velocity and magnitude of directional price movements. it is most typically used on a 14-period timeframe, measured on a scale from 0 to 100, with high and low levels marked at 70 and 30.
相對強弱指標是常見的技術分析工具，它被歸類為動量振盪器，用於測量定向價格運動的速度和幅度，通常會使用14期數，擺盪範圍在0到100間，超買超賣分別標記成70、30。
after simple improvement and addition of logical judgment, it becomes a passive judge from subjective judgments, avoid the shortcomings of peoples in watching passivation, and the trade can be more consistent.
經過簡單的改良與添加邏輯判斷，能夠使RSI指標的使用，從主觀的判斷成為被動的確認指標，有效避免人們判斷指標鈍化的主觀缺失，並能夠使得交易更加一致。
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1) parameter
RSI period 1 - default is 14, same as general RSI.
RSI period 2 - default is 5, due to its own formula, the amplitude of the oscillator will become larger and more agile or fast. When the parameter is small.
exponential moving avg of RSI - using the result of RSI period 1 as the source of Ema's formula, the default length is 14, which can filter the excessive agility of RSI period 2 to reduce noise, and compared to using the baseline as the criterion for long and short judgments, The characteristics of exponential moving avg are more suitable to become flexible filtering standards.
Overbought - default is 70, you can set your overbought level.
Oversold - same as above, the default is 30.
2) Options
Open Candle color(開啟蠟燭線趨勢) - choose whether to start the color of the candle.
Open background color(開啟指標背景色) - the default is false, you can turn on.
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1. 設置參數
RSI期數1：預設值是14，是普通的RSI指標。
RSI期數2：預設值是5，由於RSI公式的算法，造成參數愈小擺盪幅度就會變大，反應比較快。
指數平均化的RSI期數1：將RSI期數1的結果帶入指數移動平均公式，預設值14，它能過濾RSI期數2過度敏捷的缺點，減少雜訊，相較於單純使用基準線作為多空判斷標準，用EMA的判斷標準更加因時制宜。
超買線：預設值是70，可以隨意調。
超賣線：預設值是30，一樣的。
2. 設定選項
開啟蠟燭線趨勢：顧名思義。已經幫您開好了。
開啟指標背景色：顏色太淺的話可以調深一點。
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ver.2- adjust new style design and create two options.
修改2: 調整新的樣式設計與建立兩個選項。
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ver.3- Create alert condition. maybe I should refer to the Alert Creation Framework,
there is also room for improvement.
修改3: 建立快訊選項。我應該參考警報創建框架，還有進步空間。
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Indicator Style - 指標樣式
The design uses casual light color style, light gray between overbought and oversold.
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Market Example - 市場範例
1. Bitcoin/Tether, Binance, 1 day
2. Bitcoin/USD, Coinbase, 4 hour
3. EUR/USD, Forex Market, 4 hour
4. GBP/USD, Forex Market, 30 min
5. TAIEX, Taiwan SE Weighted Index, 1 week
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postscript - 後記感想
The purpose of publishing Chinese Scripts is to make Pine close to more Chinese user.
I hope English skills enhancement...staggered writing makes me feel hard.
發布中文腳本的目的，是希望可以讓 Pine 親近更多中文圈的使用者。希望我的英語進步，中英文交錯撰寫有一些困難。
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If you find my works useful, you can give me encouragement. I can buy more books to sophisticated themselves.
如果您發現我的作品有用，可以給我鼓勵。讓我可以買更多書籍來精進自己。
MacD (Future Known or Unknown) StrategyThis indicator/strategy is to be used as a way to baseline the top potential any strategy could have with other strategies and indicators.
What I have created literally shows the BEST moves possible you could have made in my opinion for SHORTING or LONGING using only the MacD values of the 4 hour while on the 30 minute chart.
To use this, try checking out XBTUSD on the 30 minute chart . It will work under different time frames but works best on the 30 minute chart in my opinion. It WILL NOT WORK Above 2 hours time frame.
DO NOT TRADE WITH THIS indicator . I can't emphasize this enough. These results only work because of the lookahead_on parameter. A lot of scam indicators and strategies use this to trick people on tradingView into buying their scripts.
This code is OPEN SOURCE and as such there is nothing to hide and no scam!
I like to use this as a comparison tool for how good I 'could' have traded and at what points those were. By knowing where the perfect trading positions are, you can create real indicators and scripts that try to find patterns in those positions.
This also shows that IF you could know the direction the MacD was going what amazing results you could get ^_~.
This is meant purely for entertainment purposes and for comparing against your own scripts.
I've included the options in the settings to allow ONLY LONG or ONLY SHORTS. By default it attempts both buy attempts. You can also change your starting ($) amount and commission percentage that is taken per trade as well.
Also included in the options is the ability to set the back testing time frame to see how it performs during just certain time periods.
Finally a color explanation
Red - MacD 4 hour going down
Green - MacD 4 hour going up
Purple - MacD 4 hour going down (from an up position)
Yellow - MacD 4 hour going up (from a down position)
Notice the program will always buy right before it turns into a yellow color since it knows the future.
In the options you can turn off 'use the future' to see the horrible results if you trade the moment you know which direction the MacD 4 hour is actually going. I will revise this script in the future with attempts to work without knowing the future as play options to get better results.
If you have any questions or comments, please do not hesitate to ask!
(JS)DMI BarsAlright - so this is my own version of John Carter's "10x Bars"... I have done multiple things that are different from his version so they are slightly different..
So first of all the main indicator is based off of the ADX and the DMI;
For those who aren't familiar with it, Directional Movement is what you'd pull up under "built-in's" from the indicators tab (if you want to check it out).
The standard interpretation of this however, is when the ADX is above 20 that suggests the trend is strong, whereas under 20 suggests it is weak.
Also, when the D+ is above the D- that suggests a bullish trend, and D- above D+ suggests a bearish trend.
These bars take away the need to have it at the bottom of your screen, and places the data on the bars on your chart instead.
=========================================================================================================================================
So here's what the colors stand for -
Yellow - The ADX is under 20, no strength in trend
Shades of green occur when the ADX is above 20 and there's a bullish trend (D+ higher than D-)
Bright Green (Lime) - Bullish trend, D+ above 30
Green - Bullish Trend
Yellow Green - Bullish trend, D+ below 15
Shades of red occur when the ADX is above 20 and there's a bearish trend (D- higher than D+)
Bright Red - Bearish trend, D- above 30
Red - Bearish Trend
Orange - Bearish trend, D- below 15
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I have also added multiple time frame labels (label script used is the one created by Ricardo Santos)
These labels are color coded the same as the bars/candles, and they appear off to the right of your screen using every built in time increment from TradingView.
The purpose is to show you in real time, and on any chart resolution, what the current trend is on every individual time frame.
So using just one single chart you'll see your current resolutions candles, but also on the labels you'll see:
1 Minute
3 Minute
5 Minute
15 Minute
30 Minute
45 Minute
1 Hour
2 Hour
3 Hour
4 Hour
Daily
Weekly
Monthly
There is an input I added that allows you to adjust where your labels appear on the side of your screen as well!
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Now onto the volume spike portion of the indicator. This will plot a blue dot under each bar that has a spike in volume which meets your specified criteria.
I have 500% as the default setting.
What that means is that this indicator looks back and gets the 50 bar volume average and then applies dots where volume is 500% above average.
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Now finally, the reversal arrows. This is another simple to understand concept that I first read in John Carter's book "Mastering the Trade" that he calls "HOLP/LOHP".
I have added the ability to change the look back period you'd like the indicator to watch for highs and lows on.
What that stands for is 'High of Low Period' and 'Low of High Period', and it is used like this-
Whenever a bar makes a new high the indicator watches the low on that highest bar. Then when a bar afterwards makes a lower low then the one on the high bar,
a reversal arrow is given. Apply this same concept in the other direction in for the highs on the lowest bars.
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Now, I didn't want to make a "set" or have a bunch of different indicators out there that are all intended for the same package, so I took the time to put them together,
and if there's a part of it you don't care for they can easily be turned off in the settings.
Enjoy!
ADX +- DiThis Adx +-Di is just a complete version of what the ADX is supposed to signal.
So you have:
15 (contraction), 20 (threshold), 30 (expansion), 40 (resistance) levels.
Below 20 the price is not trending
Above 30 the price is trending
Below 15 price has been in contraction for too long
Between 20 and 30 price is in a "transition zone".
I finally added a "Resistance" level (40), which has to be adapted to best represent the historical levels where price usually encounters resistance, and where the price can be declared "overtrending", which means a return to lower levels is likely to happen.
I've chosen mild colors, and set the Adx Color to White, because I use black background, you can easily change that.
Enjoy
-Maurice
ICHIMOKU MTFMultiple Time Frame Version of Ichimoku Kinko Hyo Indicator.
Created in 1940's by Goichi Hosoda withe the help of University students in Japan.
Ichimoku is one of the best trend following indicators that works nearly perfect in all markets and time frames.
Ichimoku is originally an built in indicator in Tradingview but there are some problems like:
the indicator hast 5 lines but you can change only 4 parameters in the settings menu of Tradingview Charts which you could only control 3 of the lines effectively. A second problem is that Tradingview preferred to use English titles for the ICHIMOKU lines instead of giving them the most common original Japanese ones. (So I rewrite the indicator)
Kijun Sen (blue line): Also called standard line or base line, this is calculated by averaging the highest high and the lowest low for the past 26 periods.
Tenkan Sen (red line): This is also known as the turning line and is derived by averaging the highest high and the lowest low for the past nine periods.
Chikou Span (Plum line): This is called the lagging line. It is today’s closing price plotted 26 periods behind.
Senkou SpanA (green line): The first Senkou line is calculated by averaging the Tenkan Sen and the Kijun Sen and plotted 26 periods ahead.
Senkou SpanB (purple line):
The second Senkou line is determined by averaging the highest high and the lowest low for the past 52 periods and plotted 26 periods ahead.
PERSONALLY I ADVISE YOU TO USE ICHIMOKU WITH DEAFULT LENGTHS (9,26,26,52,26) IN ORDER FOR STOCK MARKETS AND FOREX MARKETS
FOR CRYPTO YOU'D BETTER USE:
10,30,30,60,30 OR 20,60,60,120,60
THE TRICKY THING IS THAT KEEPING THE 1-3-3-6-3 RATIO CONSTANT IS NECESSARY
Here's a link of my Youtube video explaining ICHIMOKU but unfortunately only in TURKISH:
www.youtube.com
Developed by: Goichi Hosoda
Here's the link to a complete list of all my indicators:
tr.tradingview.com
Ichimoku kullanımı anlattığım detaylı video serisini linkten izleyebilirsiniz:
www.youtube.com
İndikatörü geliştiren: Goichi Hosoda
ICHIMOKU Kinko Hyo by KIVANC fr3762Created in 1940's by Goichi Hosoda withe the help of University students in Japan.
Ichimoku is one of the best trend following indicators that works nearly perfect in all markets and time frames.
Ichimoku is originally an built in indicator in Tradingview but there are some problems like:
the indicator hast 5 lines but you can change only 4 parameters in the settings menu of Tradingview Charts which you could only control 3 of the lines effectively. A second problem is that Tradingview preferred to use English titles for the ICHIMOKU lines instead of giving them the most common original Japanese ones. (So I rewrite the indicator)
Kijun Sen (blue line): Also called standard line or base line, this is calculated by averaging the highest high and the lowest low for the past 26 periods.
Tenkan Sen (red line): This is also known as the turning line and is derived by averaging the highest high and the lowest low for the past nine periods.
Chikou Span (Plum line): This is called the lagging line. It is today’s closing price plotted 26 periods behind.
Senkou SpanA (green line): The first Senkou line is calculated by averaging the Tenkan Sen and the Kijun Sen and plotted 26 periods ahead.
Senkou SpanB (purple line):
The second Senkou line is determined by averaging the highest high and the lowest low for the past 52 periods and plotted 26 periods ahead.
PERSONALLY I ADVISE YOU TO USE ICHIMOKU WITH DEAFULT LENGTHS (9,26,26,52,26) IN ORDER FOR STOCK MARKETS AND FOREX MARKETS
FOR CRYPTO YOU'D BETTER USE:
10,30,30,60,30 OR 20,60,60,120,60
THE TRICKY THING IS THAT KEEPING THE 1-3-3-6-3 RATIO CONSTANT IS NECESSARY
Here's a link of my Youtube video explaining ICHIMOKU but unfortunately only in TURKISH:
www.youtube.com
Developed by: Goichi Hosoda
RSI Multi-TimeframeThe Relative Strength Index (RSI) is an extremely useful oscillating momentum indicator that was developed by J. Welles Wilder and is one of the most widely used indicators in technical analysis.
HOW IS IT USED ?
In the classic view, a security is thought to be overbought when its RSI reading is above 70 and oversold when its RSI reading falls below 30. This makes it a good indicator for mean-reversion systems. Wilder recommended using the 70 and 30 levels as overbought and oversold levels respectively. When the RSI moves up over the 30 line it is considered a possible bullish reversal while a move down below the 70 line is considered a possible bearish reversal.
When the RSI is above 70 it is a potential exit signal if you are in a long position and when it is below 30 it is a potential exit signal if you are in a short position. Some traders use extreme readings for entry points in the direction of the long-term trend. Thus, if the long-term trend is bullish, then you'd wait for the RSI to reach oversold territory, which would be a potential entry point for a long position. Conversely, if the long-term trend is bearish, then overbought conditions could be a potential point to short the security.
I added the possibility to add on the chart a 2nd timeframe for confirmation.
If you found this script useful, a tip is always welcome... :)
Ichimoku Cloud w/SelIchimoku Cloud with selection for:
Regular:
conversionPeriods = 9,
basePeriods = 26
laggingSpan2Periods = 52,
displacement = 26
Crypto:
conversionPeriods = 10,
basePeriods = 30,
laggingSpan2Periods = 60,
displacement = 30
Crypto Doubled:
conversionPeriods = 20,
basePeriods = 60,
laggingSpan2Periods = 120,
displacement = 30
CM_Ultimate RSI Multi Time FrameAvailable Options on Inputs Tab!!!
RSI with ability to change first RSI to a different Time Frame.(Defaults To Current Chart Time Frame).
Ability To Turn On/Off Background Highlighting if First RSI is Above/Below 70 or 30 Lines.
Ability To Turn On/Off Background Highlighting When First RSI Crosses Above 30 Or Below 70.
Ability To Turn On/Off "B" Or "S" When First RSI Crosses Above 30 Or Below 70.
Ability To Turn On/Off Mid -Line Plot.
Option To Plot 2nd RSI to show different Time Frames on same chart!!!
Ability To Use Different Look Back Period If You Plot 2nd RSI.
Opening Range Breakout with 2 Profit Targets.Opening Range Breakout with 2 Profit Targets.
Updated Indicator now works on all Symbols with Many Different Session Options.
***Known PineScript Issue…While the Opening Range is being Formed the lines only adjust for that individual bar. Just reset Indicator after Opening Range Completes.
***All Times are Based on New York Time
Session Options Forex U.S. Banks Open (8:00), Gold U.S. Open (8:20), Oil U.S. Open (9:00), U.S. Cash Session - Stocks (9:30), NY Forex Open (17:00) , Europe Open (02:00), or if you choose Setting 0 the Session Runs from 00:00 to 00:00 (Midnight to Midnight).
***Ability to use 60 minute Opening Range, 30 minute, 15 minute, and many other options.
***However you can manually change the times in the Inputs Tab to adjust for any session you prefer. This is useful for Day Light Savings Adjustments. Also the default times work if your charts are set to EST Time. If you use A different time zone in your settings you need to Adjust the times in the inputs tab.
Initially Opening Range High and Low plot as Yellow Lines. If Price Goes Above Opening Range then Line Turns Green. If Price Goes Below Opening Range Line Turns Red.
By default the First Profit Target is 1/2 the Width of the Opening Range and the 2nd Profit Target is 1 Times the Opening Range. However these are Adjustable in the Inputs Tab.
By Default the Opening Range Length is 1 Hour. However, you can Change the Opening Range Length to 15 min, 30 min, 2 hours etc. in the Inputs Tab.
Plots a 1 Above or Below Candle when 1st Profit Target is Achieved, and a 2 when 2nd Profit Target is Achieved.
ICT Fair Value Gap Detector [Eˣ]⚡ Fair Value Gap Detector
Overview
The Fair Value Gap Detector automatically identifies price imbalances on your charts - the inefficiencies left behind when price moves too quickly. This indicator reveals where price is likely to return for "rebalancing", based on ICT (Inner Circle Trader) concepts of market efficiency.
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🎯 What This Indicator Does
Detects Fair Value Gaps:
• 🟢 Bullish FVG - Gap left below during aggressive upward move
• 🔴 Bearish FVG - Gap left above during aggressive downward move
• Automatically identifies 3-candle price inefficiencies
• Works on all timeframes and instruments
Smart Fill Tracking:
• Full Fill - Price completely fills the gap
• 50% Fill - Price fills half the gap (critical level)
• Partial Fill - Price touches gap edge
• Real-time fill percentage tracking
• Auto-removes filled gaps (optional)
Professional Features:
• Active Gap Highlighting - Shows nearest unfilled gap
• Distance Calculator - Displays how far price is from gaps
• Market Bias - Analysis based on gap balance
• Size Filtering - Minimum gap size to avoid noise
• Visual Clarity - Clean boxes with color-coding
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📚 Understanding Fair Value Gaps
What Are Fair Value Gaps?
Fair Value Gaps (FVGs), also known as imbalances or inefficiencies, are zones where price moved so quickly that normal trading didn't occur. They represent:
• Price Imbalance - One-sided aggressive buying or selling
• Unfair Pricing - Some participants didn't get to trade at these levels
• Market Inefficiency - Supply/demand equilibrium was disrupted
• Rebalancing Zones - Price often returns to "fill" these gaps
The ICT Concept:
Markets constantly seek equilibrium (fair value). When price moves too fast:
1. It leaves gaps where normal trading didn't happen
2. These gaps represent unfair/inefficient pricing
3. Market has a tendency to return and "rebalance"
4. Smart money knows this and trades the fills
Why FVGs Work:
• Unfilled Orders - Traders who missed the move have pending orders in the gap
• Algorithmic Trading - Algos programmed to exploit inefficiencies
• Market Psychology - Traders notice gaps and place orders there
• Institutional Behavior - Smart money uses gaps for entries/exits
FVG vs Regular Gaps:
• Regular Gaps - Occur at market open, between daily closes
• Fair Value Gaps - Occur intraday, between 3 consecutive candles
• FVGs happen more frequently and on all timeframes
• FVGs are more tradeable for intraday/swing traders
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🟢 Bullish Fair Value Gaps Explained
How They Form:
Bullish FVG requires 3 candles:
1. Candle 1 - Any candle (sets the high reference)
2. Candle 2 - Strong bullish candle (aggressive buying)
3. Candle 3 - Continuation candle
The Gap: Candle 3's LOW is above Candle 1's HIGH = Gap left unfilled
Visual Example:
```
Candle 3: Low at $105 ──────────┐
│ ← GAP (Bullish FVG)
Candle 2: Strong bullish │
│
Candle 1: High at $100 ──────────┘
```
What It Means:
• Price jumped from $100 to $105+ so fast, no trading occurred in between
• This $100-$105 zone is "unfair" - buyers/sellers didn't get to trade there
• Market may return to this zone to "rebalance"
• When price returns, it often acts as support
Trading Bullish FVGs:
Strategy:
• Wait for price to retrace down into the bullish FVG (green box)
• Look for rejection/bounce from the gap zone
• Enter long when price respects the FVG as support
• Stop loss: Below the FVG
• Target: Previous high or opposite FVG
Best Entry Points:
• 50% Fill: Price enters middle of gap (highest probability)
• Full Fill: Price touches bottom of gap (aggressive entry)
• Tap & Reject: Price quickly enters and exits gap (strong signal)
Example Trade:
• Bullish FVG forms: $50,000 - $50,500 (500 point gap)
• Price rallies to $52,000 then retraces
• Price drops to $50,250 (50% of gap filled)
• Bullish reversal candle appears
• Enter long at $50,500, stop at $49,800
• Target: $52,000+
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🔴 Bearish Fair Value Gaps Explained
How They Form:
Bearish FVG requires 3 candles:
1. Candle 1 - Any candle (sets the low reference)
2. Candle 2 - Strong bearish candle (aggressive selling)
3. Candle 3 - Continuation candle
The Gap: Candle 3's HIGH is below Candle 1's LOW = Gap left unfilled
Visual Example:
```
Candle 1: Low at $100 ───────────┐
│ ← GAP (Bearish FVG)
Candle 2: Strong bearish │
│
Candle 3: High at $95 ───────────┘
```
What It Means:
• Price dropped from $100 to $95 so fast, no trading occurred in between
• This $95-$100 zone is "unfair" - buyers/sellers didn't get to trade there
• Market may return to this zone to "rebalance"
• When price returns, it often acts as resistance
Trading Bearish FVGs:
Strategy:
• Wait for price to retrace up into the bearish FVG (red box)
• Look for rejection/reversal from the gap zone
• Enter short when price respects the FVG as resistance
• Stop loss: Above the FVG
• Target: Previous low or opposite FVG
Best Entry Points:
• 50% Fill: Price enters middle of gap (highest probability)
• Full Fill: Price touches top of gap (aggressive entry)
• Tap & Reject: Price quickly enters and exits gap (strong signal)
Example Trade:
• Bearish FVG forms: $48,000 - $48,500 (500 point gap)
• Price drops to $46,000 then retraces
• Price rallies to $48,250 (50% of gap filled)
• Bearish reversal candle appears
• Enter short at $48,000, stop at $48,700
• Target: $46,000-
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📊 How To Use This Indicator
Strategy 1: FVG Rebalancing (Classic)
Best For: Swing trading, reversal trading
Timeframes: 15min, 1H, 4H
Win Rate: 65-75%
Entry Rules:
1. Identify unfilled FVG (bright color, not gray)
2. Wait for price to return to the gap
3. Best entry: 50% fill of the gap
4. Look for reversal confirmation:
• Bullish FVG: Pin bar, engulfing, hammer
• Bearish FVG: Shooting star, bearish engulfing
5. Enter when price bounces/rejects from FVG
6. Stop: Beyond opposite side of FVG
7. Target: 2-3R or previous high/low
Why It Works: 70%+ of FVGs get filled, and 60%+ show reaction
Strategy 2: FVG + Order Block Confluence
Best For: High-probability setups
Timeframes: 1H, 4H
Win Rate: 75-85%
Entry Rules:
1. Find FVG that overlaps with Order Block
2. This creates a "super zone" of confluence
3. Wait for price to return to this zone
4. Enter on first touch of confluence zone
5. Stop: Beyond the confluence zone
6. Target: 3-4R
Why It Works: Double institutional concepts = highest probability
Strategy 3: Multi-Timeframe FVG
Best For: Position trading, major moves
Timeframes: Combine Daily + 4H or 4H + 1H
Win Rate: 70-80%
Entry Rules:
1. Identify large FVG on higher timeframe (Daily/4H)
2. Wait for price to enter this HTF FVG
3. Switch to lower timeframe (4H/1H)
4. Look for LTF FVG within HTF FVG in same direction
5. Trade the LTF FVG fill
6. Stop: Below LTF FVG
7. Target: Exit HTF FVG or beyond
Why It Works: Timeframe alignment = institutional consensus
Strategy 4: FVG Rejection Trade
Best For: Quick scalps, day trading
Timeframes: 5min, 15min
Win Rate: 60-70%
Entry Rules:
1. Price enters FVG zone
2. Immediate rejection (strong reversal candle)
3. Enter on close of rejection candle
4. Tight stop beyond FVG
5. Quick target: 1-2R
Why It Works: Strong rejection = institutional defense of level
Strategy 5: FVG-to-FVG Trading
Best For: Momentum trading
Timeframes: 15min, 1H
Win Rate: 55-65%
Entry Rules:
1. Identify bullish FVG below and bearish FVG above
2. Enter long at bullish FVG, target bearish FVG
3. Or enter short at bearish FVG, target bullish FVG
4. Price often moves from one imbalance to another
5. Stop: Beyond trading FVG
6. Target: Opposite FVG
Why It Works: Price rebalances from one inefficiency to another
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⚙️ Settings Explained
Display Settings
Show Bullish/Bearish FVG
• Toggle each type on/off independently
• Customize colors for each FVG type
• Default: Green (bullish), Red (bearish)
• Tip: Use colors that contrast with your chart
Max FVG to Display (Default: 20)
• Limits how many gaps are shown at once
• Lower (10-15): Cleaner chart, recent gaps only
• Higher (30-50): More historical context
• Recommended: 15-25 for most trading
Show FVG Labels (Default: ON)
• Displays "FVG+" and "FVG-" text on gaps
• Shows 🎯 on active (nearest) gap
• Shows fill percentage (e.g., "FVG+ 35%")
• Turn OFF for minimal appearance
• Recommended: Keep ON for clarity
Extend Gaps (bars) (Default: 50)
• How far to extend gap boxes to the right
• Lower (20-30): Shorter boxes
• Higher (100+): Longer boxes, easier to see
• Gaps auto-extend until filled or limit reached
• Recommended: 40-60 bars
Filters
Min Gap Size % (Default: 0.05)
• Minimum gap size as percentage of price
• Filters out tiny, insignificant gaps
• Crypto: 0.05-0.15% (high volatility)
• Forex: 0.03-0.10% (moderate volatility)
• Stocks: 0.05-0.20% (varies by stock)
• Indices: 0.05-0.15%
• Adjust based on instrument's average move
Show Filled Gaps (Default: OFF)
• When ON: Shows gray boxes for filled gaps
• When OFF: Gaps disappear after mitigation
• Use ON: For learning and backtesting
• Use OFF: For clean, active trading view
Advanced Settings
Auto-Detect Mitigation (Default: ON)
• Automatically tracks when gaps are filled
• Updates fill percentage in real-time
• Marks gaps as "mitigated" when filled
• Recommended: Keep ON
Mitigation Type (Default: Full)
• Full: Gap considered filled when price closes through entire gap
• 50%: Gap considered filled at 50% (critical level)
• Partial: Gap considered filled on first touch
• For learning: Use "Full"
• For aggressive trading: Use "50%"
• For conservative trading: Use "Partial"
Highlight Nearest Gap (Default: ON)
• Highlights the closest unfilled gap to current price
• Active gap shown with 🎯 emoji and brighter color
• Helps focus on most relevant opportunity
• Recommended: Keep ON
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📱 Info Panel Guide
Bullish FVG Count
• Number of active (unfilled) bullish fair value gaps
• Higher number = More potential support zones below
• Multiple bullish FVGs = Strong rebalancing demand
Bearish FVG Count
• Number of active (unfilled) bearish fair value gaps
• Higher number = More potential resistance zones above
• Multiple bearish FVGs = Strong rebalancing supply
Bias Indicator
• ⬆ Bullish: More bullish FVGs than bearish
• ⬇ Bearish: More bearish FVGs than bullish
• ↔ Neutral: Equal FVGs on both sides
• Market tends to fill nearby gaps first
Target Indicator
• Shows nearest unfilled gap and distance
• Example: "Bull FVG -1.25%" = Bullish gap is 1.25% below price
• Example: "Bear FVG +0.85%" = Bearish gap is 0.85% above price
• Watch for price to reach these targets
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📱 Alert Setup
This indicator includes 4 alert types:
1. Price Entering Bullish FVG
• Fires when price drops into a bullish gap
• Action: Watch for bounce/reversal
• High-probability long setup developing
2. Price Entering Bearish FVG
• Fires when price rallies into a bearish gap
• Action: Watch for rejection/reversal
• High-probability short setup developing
3. New Bullish FVG Detected
• Fires when a new bullish gap forms
• Action: Mark zone for future fill
• New rebalancing target below identified
4. New Bearish FVG Detected
• Fires when a new bearish gap forms
• Action: Mark zone for future fill
• New rebalancing target above identified
To Set Up Alerts:
1. Click "Alert" button (clock icon)
2. Select "Fair Value Gap Detector"
3. Choose your alert condition
4. Configure notification method
5. Click "Create"
Pro Tip: Set "Price Entering" alerts to catch fills in real-time
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💎 Pro Tips & Best Practices
✅ DO:
• Wait for 50% fill - Middle of gap has highest win rate (65-70%)
• Use confirmation - Don't trade just because price touched gap
• Combine with structure - FVG + support/resistance = high probability
• Trade first fill - Unfilled gaps have better success rate than refilled
• Respect full fills - Once fully filled, gap is less reliable
• Use multiple timeframes - HTF FVGs are stronger than LTF
• Check session timing - FVGs work best during London/NY sessions
• Follow the bias - More bullish FVGs = favor longs
⚠️ DON'T:
• Don't blindly fade gaps - Wait for price action confirmation
• Don't ignore momentum - Strong trends can blow through FVGs
• Don't trade every gap - Quality over quantity
• Don't assume all gaps fill - About 70-80% fill, 20-30% don't
• Don't use tight stops - Allow room for wick into gap
• Don't overtrade - Wait for confluence and confirmation
• Don't fight trends - Best FVG trades are with higher TF trend
• Don't ignore fill percentage - 50% is often the sweet spot
🎯 Best Timeframes:
• Scalpers: 1min, 5min (many gaps, quick fills)
• Day Traders: 5min, 15min, 1H (balanced)
• Swing Traders: 1H, 4H, Daily (larger, more reliable gaps)
• Position Traders: 4H, Daily, Weekly (major imbalances)
🔥 Best Instruments:
• Excellent: BTC, ETH, ES, NQ, Forex majors (clean price action)
• Good: Gold, Oil, Major indices, Large-cap stocks
• Moderate: Altcoins, small-cap stocks (more noise)
• Best Markets: Trending markets with clear swings
⏰ Best Times for FVG Trading:
• London Session: High volume = reliable gap fills
• NY Session: Strong moves create quality gaps
• London-NY Overlap: Best time for gap creation and fills
• Asian Session: Lower probability, wait for London
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🎓 Advanced FVG Concepts
FVG Mitigation Levels
Understanding fill percentages:
• 0-25% Fill: Gap barely touched, often continues without fill
• 25-50% Fill: Partial rebalancing, may reverse here
• 50% Fill: CRITICAL LEVEL - Highest probability reversal zone
• 50-75% Fill: Deep rebalancing, strong reversal likely
• 75-100% Fill: Full rebalancing, gap's purpose fulfilled
Why 50% Matters: Market seeks equilibrium, and 50% represents perfect balance
FVG Inversions
When price breaks through a gap completely:
• Bullish FVG that's broken becomes bearish (support → resistance)
• Bearish FVG that's broken becomes bullish (resistance → support)
• Inverted gaps are weaker than fresh gaps
• Trading: Can fade the inverted gap but with caution
FVG Confluence Zones
Multiple FVGs at similar level:
• Creates "super gap" or confluence zone
• Much higher probability of reaction
• Wider zone for entries (more room for stops)
• Often aligns with other institutional concepts
FVG + Order Block Combo
When FVG overlaps with Order Block:
• Double institutional concept
• Extremely high probability setup (75-85% win rate)
• Price drawn to fill gap AND test order block
• Use tight stops, generous targets (3-5R possible)
Nested FVGs (Multi-Timeframe)
Small FVG inside larger FVG:
• Daily FVG contains 4H FVG contains 1H FVG
• Trade the smallest FVG in direction of larger ones
• Highest probability when all aligned
• Progressive targets: Fill small → medium → large gaps
FVG Exhaustion
When price creates multiple FVGs in same direction:
• Indicates strong momentum/impulsive move
• Each gap represents acceleration
• Last gap often signals exhaustion
• Watch for reversal after filling final gap
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📈 Common FVG Patterns
Pattern 1: The Perfect Rebalance
• FVG forms during strong move
• Price continues 100+ pips
• Clean return to 50% of gap
• Immediate reversal
• Textbook setup, 70%+ win rate
Pattern 2: The Double Fill
• Price partially fills gap (25%)
• Weak reaction, continues
• Returns again for deeper fill (75%)
• Strong reversal on second fill
• Second fill often better entry
Pattern 3: The Blow-Through
• Price approaches gap
• Completely ignores it, no reaction
• Keeps going in same direction
• Sign of very strong momentum
Pattern 4: The Magnet Effect
• Price slowly grinds toward gap
• Accelerates as it gets close
• Quickly fills and reverses
• Common in ranging markets
Pattern 5: The False Fill
• Price wicks into gap briefly
• Immediately reverses without filling
• "Stop hunt" or liquidity grab
• Gap remains unfilled
• Often precedes strong move
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🚀 What Makes This Different?
Unlike basic gap indicators, Fair Value Gap Detector:
• ICT Methodology - Based on proven institutional concepts
• Real-Time Fill Tracking - Shows percentage filled as it happens
• 3 Mitigation Types - Full, 50%, Partial for different strategies
• Active Gap Highlighting - Shows most relevant opportunity
• Smart Filtering - Minimum size to avoid noise
• Visual Clarity - Clean, professional appearance
• Auto-Management - Removes filled gaps automatically
• Distance Tracking - Know exactly where price needs to go
Based On Professional Concepts:
• ICT Fair Value Gap theory
• Market efficiency principles
• Price rebalancing dynamics
• Institutional order flow analysis
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📈 FVG Statistics & Probabilities
Based on ICT concepts and trader observations:
Gap Fill Rates:
• 70-80% of FVGs get filled eventually
• 60-70% show some reaction when filled
• 50% fill level has ~65% reversal rate
• Full fills have ~55% reversal rate
Timeframe Reliability:
• Daily FVGs: ~75-85% fill rate, strongest reactions
• 4H FVGs: ~70-80% fill rate, strong reactions
• 1H FVGs: ~65-75% fill rate, good reactions
• 15min FVGs: ~60-70% fill rate, moderate reactions
• 5min FVGs: ~55-65% fill rate, weaker reactions
Best Practices:
• First touch of gap = 65-70% win rate
• 50% fill = 65% win rate
• FVG + Order Block = 75-85% win rate
• Multi-timeframe aligned FVG = 70-80% win rate
• FVG in trending market = 60-70% win rate
Common Failures:
• Strong momentum blows through gaps (20-30% of time)
• Gaps in low-volume periods less reliable
• Very small gaps (<0.05%) often ignored
• Counter-trend gaps have lower success rate
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🙏 If You Find This Helpful
• ⭐ Leave your feedback
• 💬 Share your experience in the comments
• 🔔 Follow for updates and new tools
Questions about Fair Value Gaps? Feel free to ask in the comments.
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Version History
• v1.0 - Initial release with 3-candle FVG detection and real-time fill tracking
ShooterViz Lazy Trader EMA SystemShooterViz Lazy Trader EMA System - Complete User Guide
What This Script Does
This is a position scaling indicator that tells you exactly when to enter, add to, and exit trades using a simplified 5-EMA system. It removes the guesswork and decision fatigue from trading by giving you clear visual signals.
The Core Concept
3 entry signals that build your position from 20% → 50% → 100%
2 exit signals that scale you out at 50% → 50% (complete exit)
1 higher timeframe filter that keeps you on the right side of the trend
No Fibonacci calculations, no RSI divergence, no multi-indicator confusion. Just EMAs and price action.
What You'll See On Your Chart
1. Colored EMA Lines
Blue Lines (Entry Zone):
3 EMA (lightest blue) - Early reversal detector
5 EMA (darker blue) - Confirmation line
Green Lines (Add Zone):
21 EMA (bright green) - First add location
34 EMA (lighter green) - Final add location
Red Lines (Exit Zone):
89 EMA (lighter red) - First exit trigger
144 EMA (darker red) - Final exit trigger
Orange Lines (Hyper Frame - optional):
Hyper 21 EMA (from higher timeframe) - Trend direction
Hyper 34 EMA (from higher timeframe) - Bias confirmation
2. Triangle Signals
Green Triangles (Below Price) = BUY/ADD:
Lime triangle with "20%" = Entry 1: Price reclaimed 3→5 EMA (starter position)
Green triangle with "30%" = Entry 2: Price bounced off 21 EMA (first add)
Teal triangle with "50%" = Entry 3: Price broke out from 34 EMA compression (final add)
Red Triangles (Above Price) = SELL:
Orange triangle with "50% OFF" = Exit 1: Price broke below 89 EMA (take half off)
Red triangle with "EXIT ALL" = Exit 2: Price broke below 144 EMA (close remaining position)
3. Background Color (Trend Bias)
Light green background = Hyper frame EMAs trending up (bias LONG)
Light red background = Hyper frame EMAs trending down (bias SHORT)
Gray background = Neutral/choppy (be cautious)
4. Info Table (Top Right Corner)
A live status dashboard showing:
Which entry signals are currently active (✓ or —)
Which exit signals are currently active (⚠ or ⛔)
Current hyper frame bias (🟢 LONG / 🔴 SHORT / ⚪ NEUTRAL)
Which timeframe you're using for hyper frame filtering
How to Install and Set Up
Step 1: Add the Script to TradingView
Open TradingView
Click "Pine Editor" at the bottom of the screen
Copy the entire script code
Paste it into the Pine Editor
Click "Add to Chart"
Step 2: Configure Your Settings
Click the gear icon ⚙️ next to "LazyEMA" in your indicators list.
Critical Settings to Configure:
Hyper Frame Selection (Most Important!)
Location: "Hyper Frame (Pick ONE)" section
Setting: "Timeframe"
What to choose:
Trading 15min or 1H charts? → Use "240" (4-hour)
Trading 4H or Daily charts? → Use "D" (Daily)
Trading Daily or Weekly charts? → Use "W" (Weekly)
Why this matters: This filter keeps you aligned with the bigger trend. Only take longs when this timeframe is green, shorts when it's red.
MA Type (Optional, default is fine)
Location: "MA Config" section
Default: EMA (recommended)
Options: EMA, SMA, WMA, HMA, RMA, VWMA
Most traders should stick with EMA
Visual Toggles (Customize your view)
Entry Zone: Turn individual EMAs on/off (3, 5, 21, 34)
Exit Zone: Turn individual EMAs on/off (89, 144)
Hyper Frame: Toggle the higher timeframe EMAs on/off
Step 3: Clean Up Your Chart
Turn OFF these if visible:
Volume bars (they clutter the view)
Any other indicators you have loaded
Grid lines (optional, but cleaner)
Keep ONLY:
Price candles
Your ShooterViz Lazy Trader EMA System
Maybe support/resistance levels if you manually draw them
How to Trade With This Script
The Basic Workflow
Before the Market Opens:
Check the background color and info table bias
Green background? Look for LONG setups only
Red background? Look for SHORT setups only
Gray background? Stay flat or trade small
During the Trading Session:
LONGS (When hyper frame is bullish):
Wait for Entry 1 signal:
Lime triangle appears with "20%"
Price has reclaimed the 5 EMA after dipping to 3 EMA
Action: Enter 20% of your intended position
Stop loss: Place below the 5 EMA or recent swing low
Wait for Entry 2 signal:
Green triangle appears with "30%"
Price pulled back to 21 EMA and bounced
Action: Add 30% more (you're now at 50% total)
Move stop: Trail it up to below 21 EMA
Wait for Entry 3 signal:
Teal triangle appears with "50%"
Price compressed at 34 EMA and broke out
Action: Add final 50% (you're now 100% loaded)
Move stop: Trail it up to below 34 EMA
Wait for Exit 1 signal:
Orange triangle appears with "50% OFF"
Price broke below 89 EMA
Action: Exit 50% of your position immediately
Move stop on rest: Trail to 89 EMA or lock in profits
Wait for Exit 2 signal:
Red triangle appears with "EXIT ALL"
Price broke below 144 EMA
Action: Exit remaining 50% (you're now flat)
Or: Stop gets hit at 89 EMA (same result)
SHORTS (When hyper frame is bearish):
Same process, but inverted
Triangles appear above price instead of below
Look for breakdowns below EMAs instead of bounces off them
Exit when price reclaims 89 and 144 EMAs
Real-World Example Walkthrough
Setup: Trading ES (S&P 500 Futures) on 1H Chart
Chart Configuration:
Timeframe: 1 Hour
Hyper Frame: 240 (4-hour)
Ticker: ES
Pre-Market Check:
Background is light green
Info table shows "🟢 LONG" for Hyper Bias
Decision: Only look for long entries today
9:30 AM - Market Opens
Price dips and touches 3 EMA
Watch for: Reclaim of 5 EMA
9:45 AM - Entry 1 Triggers
Lime triangle appears below bar
Price closed above 5 EMA at $4,550
Action taken:
Enter long 20% position (2 contracts if targeting 10 total)
Stop loss at $4,545 (below 5 EMA)
Risk: $10 per contract × 2 = $20 risk
10:30 AM - Entry 2 Triggers
Price rallied to $4,565, pulls back
Green triangle appears at 21 EMA ($4,555)
Action taken:
Add 30% (3 more contracts, now have 5 total)
Move stop to $4,550 (below 21 EMA)
Current P/L: +$25 ($5 gain on original 2 contracts, break-even on new 3)
11:15 AM - Entry 3 Triggers
Price consolidates at 34 EMA around $4,560
Teal triangle appears as price breaks to $4,568
Action taken:
Add final 50% (5 more contracts, now have 10 total)
Move stop to $4,555 (below 34 EMA)
Current P/L: +$70
1:00 PM - Price Extends
Price rallies to $4,595 (on track)
89 EMA is at $4,575
No action yet, let it run
2:15 PM - Exit 1 Triggers
Price pulls back from $4,600
Orange triangle appears as price breaks below 89 EMA at $4,580
Action taken:
Exit 50% (5 contracts closed at $4,580)
Keep 5 contracts with stop at 89 EMA ($4,575)
Banked: +$150 average gain on closed 5 contracts
2:45 PM - Exit 2 Triggers
Price continues down
Red triangle appears as price breaks 144 EMA at $4,570
Action taken:
Exit remaining 5 contracts at $4,570
Banked: +$100 on remaining 5 contracts
Final Results:
Total gain: $250 on the trade
Initial risk: $50 (if stopped out at Entry 1)
Risk/Reward: 5:1
Time in trade: ~5 hours
Common Questions
"What if I miss Entry 1? Can I still take Entry 2?"
Yes! Each entry is independent. If you miss the 3→5 reclaim, wait for the 21 EMA bounce. You'll start with a 30% position instead of 20%, but that's fine.
Rule: Never chase. Wait for the next EMA setup.
"What if multiple entry signals trigger at the same bar?"
Rare, but possible. If you see both Entry 1 and Entry 2 trigger together:
Take Entry 1 first (20%)
If the next bar confirms Entry 2 is still valid, add 30%
When in doubt, scale in gradually
"The hyper frame is green but I'm seeing short signals?"
Don't take them. The hyper frame is your bias filter. If it says "go long," ignore short setups. They're usually lower probability and will get stopped out.
"Can I use this for swing trading overnight?"
Absolutely. Just switch your hyper frame:
If you're on Daily charts, use Weekly hyper frame
If you're on 4H charts, use Daily hyper frame
Adjust position sizes for overnight risk
"What if the signal appears right at market close?"
Don't chase it. Wait for the next bar (next day) to confirm. Signals that appear in the last 5 minutes are often noise.
"How do I set up alerts?"
Right-click on the chart
Select "Add Alert"
Choose "LazyEMA" from the condition dropdown
Select which signal you want alerts for:
Entry 1: 3→5 Reclaim
Entry 2: 21 EMA Add
Entry 3: 34 EMA Breakout
Exit 1: 89 EMA Break
Exit 2: 144 EMA Break
Click "Create"
Pro tip: Set up all 5 alerts so you never miss a signal.
Position Sizing Guide see
swingtradenotes.substack.com
Critical Rule: Know your total risk BEFORE you take Entry 1. Don't wing it.
Customization Tips
For Day Traders (Scalpers)
Use 5min or 15min charts
Hyper frame: 1H or 4H
Expect 2-4 setups per day
Tighter stops (0.5% risk per entry)
For Swing Traders
Use 4H or Daily charts
Hyper frame: Daily or Weekly
Expect 1-2 setups per week
Wider stops (1-2% risk per entry)
For Position Traders
Use Daily or Weekly charts
Hyper frame: Weekly or Monthly
Expect 1-2 setups per month
Widest stops (2-3% risk per entry)
The "Don't Be Stupid" Checklist
Before taking ANY signal from this script, ask:
✅ Is the hyper frame bias pointing in my direction?
✅ Is the signal clean (not at a weird time or during news)?
✅ Do I know my stop loss level?
✅ Do I know my position size?
✅ Can I afford to lose if this trade fails?
If you answered "no" to ANY of these, skip the trade.
Troubleshooting
"I'm not seeing any signals"
Possible causes:
The "Show Lazy Trader System" toggle is off (turn it on)
Your chart timeframe is too high (try 1H or 4H)
Market is in a tight range (EMAs are compressed)
You need to refresh the chart
"Too many signals, getting whipsawed"
Fixes:
Increase your chart timeframe (go from 15m to 1H)
Switch to a less volatile ticker
Only trade when hyper frame bias is STRONG (not neutral)
Add a minimum bar count between signals
"The info table is covering my price action"
Fix:
Edit the script
Find the line: table.new(position.top_right, ...
Change position.top_right to position.bottom_right or position.top_left
"Signals appear then disappear"
This is normal (repainting). Some signals (especially compression breakouts) can disappear if the next bar reverses. This is why you:
Wait for bar close before acting
Use alerts that only fire on confirmed bars
Don't chase signals mid-bar
Final Thoughts
This script is a decision-making tool, not a crystal ball. It shows you high-probability setups based on EMA dynamics and trend structure. You still need to:
Manage your risk
Choose your position size
Stick to the rules
Accept losses when they happen
The system works when YOU work the system.
Print this guide, tape it next to your monitor, and follow it religiously for 20 trades before making ANY changes.
Good luck, and stay lazy (the smart way).
CRR SELL BOX MICROWhat it analyzes
Multi-TF:
1m, 5m, 15m, 30m (tf1–tf4).
In each timeframe it looks at:
EMA 15 / 30 / 200 → trend.
MACD → momentum.
RSI → strength.
From this it derives:
t1, t2, t3, t4 = +1 bullish, -1 bearish, 0 neutral.
A bearScore = how many TFs are bearish → multiTfBear.
Volatility / momentum:
ATR in pips (atrPips) → checks for sufficient movement (sufAtr).
1m candlestick body in pips → momentumBear1
(large bearish candle + MACD bearish + RSI bearish).
Strong downward candle in ticks (bigDrop) → type of large vertical red candle.
Global sensitivity:
Mode: Normal / High / Turbo
Automatically adjusts:
Minimum drop in ticks,
Minimum candlestick body,
Minimum ATR.
2️⃣ Main Sell Signal
SELL WITHOUT PULLBACK 1m
sellNoPull:
EMA 15 < EMA 30 < EMA 200 (strong bearish trend 1m),
MACD crosses bearish,
Price below EMA30 1m.
Multi-TF Bear
multiTfBear:
Normal Mode: 1m bearish and 5m–15m–30m not bullish,
High/Turbo Mode: at least 2 bearish TFs (bearScore >= 2).
Final condition (what triggers the setup)
Conservative:
condSellConservative = sellNoPull + multiTfBear + sufAtr + momentumBear1
Aggressive:
condSellAggressive = (t1 == -1 or bigDrop) + 15m not bullish + sufAtr
Final:
condSellFinal
If aggressiveMicro = true → uses aggressive logic.
Otherwise → uses conservative logic.
When condSellFinal is true:
It is considered a valid sell setup for scalping / micro. 3️⃣ States it shows you
Depending on what it detects:
🔴 "MICRO SELL 10-20p"
(aggressive mode ON + everything aligned for a quick drop).
🟥 "SCALPING SELL"
(if you're in conservative mode).
🟧 "NORMAL SELL"
(multi-timeframe bearish but without a strong trigger).
⚪ "NEUTRAL (NO SELL)"
(no setup).
Extra info (below the light bulb):
"STRONG DROP" if there's a large red candlestick indicating a sharp decline.
"MULTI TF BEARISH" if several timeframes are bearish.
"NO SETUP" if conditions are not met.
4️⃣ HUD + Session Clock
Compact HUD at the top center:
Row 1: STATUS: MICRO SELL / NORMAL SELL / NEUTRAL.
Row 2: Light bulb ● (red, orange, or gray) + extra info text.
New York Clock:
Detects session: TOKYO / LONDON / NEW YORK
(for trading time context only).
5️⃣ Alerts
When condSellFinal is met, it triggers:
"CRR SCALPING/MICRO SELL - sell signal activated"
🧠 In simple terms:
It's your specialized SELL radar:
It combines multi-timeframe analysis, momentum, ATR, and strong bearish candlesticks to alert you when gold is ready for a quick 10-20 pip short trade or a more serious bearish scalp.
CRR BUY What it analyzes
4 timeframes:
1m, 5m, 15m, and 30m.
In each timeframe it looks at:
EMA 15 / 30 / 200 → trend.
MACD → momentum.
RSI → strength.
From this it derives:
t1, t2, t3, t4 = +1 bullish, -1 bearish, 0 neutral.
A multi-timeframe bullScore (how many timeframes are bullish).
2️⃣ Volatility / momentum filters
ATR in pips → checks if there is enough movement (suffAtr).
1m candlestick body in pips → momentumBull1
(strong bullish candle with bullish MACD + bullish RSI).
Strong upward candle (bigPump) measured in ticks/pips.
Sensitivity mode:
Normal / High / Turbo → loosens or tightens filters for:
Strong candle,
Minimum body,
Minimum ATR.
3️⃣ Buy logic
There are three levels:
condBuyConservative
CLASSIC BUY WITHOUT RETRACEMENT:
Strong 1m trend, bullish MACD crossover, price above EMA30, + 1m momentum, + sufficient ATR, + multi-timeframe bullish.
condBuyAggressive (if using aggressive mode):
It's enough to have:
1m bullish (t1 == 1) or bigPump,
15m not bearish,
Sufficient ATR.
condBuyFinal
If aggressiveMicro = true → uses condBuyAggressive.
Otherwise → uses condBuyConservative.
Based on this, it displays states:
✅ "MICRO BUY 10-20p" (aggressive mode ON and everything aligned)
✅ "SCALPING BUY" (conservative mode with confirmations)
✅ "NORMAL BUY" (multi-timeframe bullish but without a strong trigger)
⛔ "NEUTRAL (NO BUY)" (no setup)
And triggers an alert:
CRR SCALPING BUY when condBuyFinal is met.
4️⃣ HUD and sessions
Detects session by New York time:
TOKYO / LONDON / NEW YORK (different color). Compact HUD at the top center with:
STATUS (buy or neutral text),
Green/teal/gray light bulb icon (●),
Extra info:
"STRONG UPTREND" if there's a big pump,
"MULTI TF BULLISH" if many timeframes are bullish,
"NO SETUP" if there's nothing.
🧠 In simple terms:
It's a BUY ONLY bullish radar for scalping/micro trading, which combines multi-timeframe analysis + momentum + ATR + strong candlestick patterns, summarizes it in a HUD, and sends you an alert when there's a real setup to go long.Qué analiza
4 marcos de tiempo:
1m, 5m, 15m y 30m.
En cada TF mira:
EMA 15 / 30 / 200 → tendencia.
MACD → impulso.
RSI → fuerza.
De ahí saca:
t1, t2, t3, t4 = +1 toro, -1 oso, 0 neutro.
Un bullScore multi–TF (cuántos TF están alcistas).
2️⃣ Filtros de volatilidad / momentum
ATR en pips → comprueba si hay suficiente movimiento (sufAtr).
Cuerpo de la vela 1m en pips → momentumBull1
(vela alcista fuerte con MACD bull + RSI bull).
Vela de subida fuerte (bigPump) medida en ticks/pips.
Modo sensibilidad:
Normal / Alta / Turbo → relaja o endurece filtros de:
Vela fuerte,
Cuerpo mínimo,
ATR mínimo.
3️⃣ Lógica de compra
Hay tres niveles:
condBuyConservador
BUY SIN RETRO clásico:
Tendencia 1m fuerte, cruce MACD bull, precio sobre EMA30, + momentum 1m, + ATR ok, + multi–TF bull.
condBuyAgresivo (si usas modo agresivo):
Basta con:
1m toro (t1 == 1) o bigPump,
15m no bajista,
ATR suficiente.
condBuyFinal
Si aggressiveMicro = true → usa condBuyAgresivo.
Si no → usa condBuyConservador.
Según eso, muestra estados:
✅ "COMPRA MICRO 10-20p" (modo agresivo ON y todo alineado)
✅ "COMPRA SCALPING" (modo conservador con confirmaciones)
✅ "COMPRA NORMAL" (multi–TF alcista pero sin trigger fuerte)
⛔ "NEUTRO (NO COMPRA)" (no hay setup)
Y dispara alerta:
CRR COMPRA SCALPING cuando condBuyFinal se cumple.
4️⃣ HUD y sesiones
Detecta sesión por hora de New York:
TOKIO / LONDRES / NEW YORK (color distinto).
HUD compacto arriba al centro con:
ESTADO (texto de compra o neutro),
Bombillo (●) verde/teal/gris,
Info extra:
"SUBIDA FUERTE" si hay bigPump,
"MULTI TF ALCISTA" si muchos TF están bull,
"SIN SETUP" si no hay nada.
🧠 En simple:
Es un radar de COMPRA SOLO BULL para scalping/micro, que mezcla multi–TF + momentum + ATR + vela fuerte, te lo resume en un HUD y te manda alerta cuando hay setup real para disparar largo.
⭐ Silver HUD v14.6 ⭐Silver HUD v14.6 is an enhanced Pine Script v5 indicator for micro silver futures (SIL) trading on TradingView, featuring a compact 2-column bottom-right HUD with weighted scoring across 5 engines (trend, flow, momentum, PB, turbo), 2H structure arbitration, divergence detection, volume surge analysis, BUY/SELL arrows, and risk warnings. Expanded from v14.5 with dedicated DIV/VOL rows for better signal context on 5m charts.
Multi-Engine Scoring
Trend Engine
EMA20/50 alignment + VWAP direction (1.001%/0.999% thresholds): UP/DOWN/MIXED scores 100/60/20.
Flow Engine
CCIOBV (CCI20 + OBV EMA13 sync) + QQE (RSI14 smoothed with trailing volatility): dual UP/DOWN = strong flow (100), mixed (60).
Momentum
RSI14/MFI14 >55 (UP=100), <45 (DOWN=100), else NEUTRAL (60).
PB (Pullback)
EMA20 deviation: -0.4% to +1.2% = OK (100), ≥1.2% CHASE (70/40), DEEP (30/80 for long/short).
Turbo
ATR14 percentile (>70 EXPANDING, <30 FADE) + BB20 width percentile (<20 SQ): SQ+EXPANDING=BREAKOUT (100).
Weighted Totals
BUY: flow(30%)+mom(25%)+PB(25%)+trend(10%)+turbo(10%); SELL adjusts turbo(20%)/PB(15%). Thresholds: BUY≥75, SELL≥72.
Advanced Features
2H Arbitration
Swing HH/HL/LL/LH detection resolves BUY/SELL conflicts; UP (HH/HL) favors longs, DOWN (LL/LH) shorts.
Divergence
RSI-based: price HH without RSI HH = BEAR DIV; price LL without RSI LL = BULL DIV.
Volume Surge
2x 20-SMA or 80th percentile: BULL/BEAR SURGE (directional), SURGE (neutral).
Signals & Risk
Raw triggers filtered (no DEEP PB BUY, no DOWN trend BUY, UP flow required); final uses 2H tiebreaker. RISK flags DIV, surges, DEEP PB, trend conflicts, score ties. Tiny BUY/SELL arrows on raw signals.
HUD Layout
14-row table: TREND/FLOW/MOM/PB/TURBO/FINAL/BUY*/SELL*/2H/DIV/VOL/RISK/Threshold. Stars rate scores (★★★★★=90+), color-coded statuses, gold FINAL. Perfect for SIL scalpers needing confluence + risk at a glance.
