Multi-Timeframe Inside Bar Breakout (4-Symbol Simultaneous)Multi-Timeframe Inside Bar Breakout (4-Symbol Simultaneous)
Overview
Monitors 4 symbols across 4 timeframes simultaneously, displaying labeled alerts when all 4 symbols break out from inside bar compression on any tracked timeframe. See 15-minute, 30-minute, 60-minute, and daily breakouts all on one chart — complete multi-timeframe compression analysis.
When all 4 symbols compress into inside bars and then ALL break the same direction, you get clear directional confirmation across different timeframes. Perfect for Rob Smith's "The Strat" methodology and traders who use multi-timeframe analysis for entry confirmation.
🎯 Why This Matters
Multi-timeframe breakout confluence = stronger signals.
When SPY, QQQ, IWM, and DIA simultaneously:
✅ Compress into inside bars (bar )
✅ ALL break same direction (bar )
✅ Across multiple timeframes
You get layered confirmation — not just one timeframe saying "go," but multiple timeframes agreeing on direction.
Example: 15m breakout + 60m breakout + Daily breakout = alignment across timeframes.
✅ Key Features
✅ 4 Timeframes Tracked — Monitor 15m, 30m, 60m, Daily (fully customizable)
✅ 4 Symbols Per Timeframe — All must break together for signal
✅ Staggered Labels — Each timeframe displays at different distance (no overlap)
✅ Adaptive Positioning — Works on futures, stocks, forex, crypto
✅ Customizable Colors — Bullish/bearish colors with opacity control
✅ Alert-Ready — 8 alert conditions (bull/bear per timeframe)
✅ Works on Any Chart — See higher timeframe signals on lower timeframe charts
📊 How It Works
Inside Bar Check (Bar ):
All 4 symbols had inside bars (high < prior high AND low > prior low)
Breakout Check (Bar ):
Bullish: All 4 close > prior high
Bearish: All 4 close < prior low
Label Display:
📈IBSB 15 = Bullish breakout on 15-minute timeframe
📉IBSB D = Bearish breakout on daily timeframe
Each timeframe operates independently — you might see multiple timeframe labels on the same bar when breakouts align.
⚙️ Settings Guide
Symbols (Default: SPY, QQQ, IWM, DIA)
Customize to any 4 symbols
Popular: ES/NQ/YM/RTY (futures), XLF/XLK/XLE/XLV (sectors)
Timeframes (Default: 15, 30, 60, D)
Set any 4 timeframes to monitor
Examples: 5/15/60/240 (intraday stack), 60/D/W/M (swing stack)
Display Options:
Bullish/Bearish colors + opacity control
Label distance (% of bar range)
Stagger spacing (prevents overlap)
Max labels per timeframe (default: 25)
Debug Mode:
Shows which symbols are inside/breaking per timeframe
Useful for troubleshooting
🔔 Setting Up Alerts
Create alerts for any combination:
"IBSB Bull - TF1" (first timeframe bullish)
"IBSB Bear - TF4" (fourth timeframe bearish)
Set to "Once Per Bar Close" for confirmed signals
💡 Example Trading Approach
Note: Educational example, not trading advice.
Watch for compression across symbols on higher timeframes
IBSB label appears → all 4 broke same direction
Multiple timeframe labels = stronger confluence
Enter with your strategy using proper risk management
Example: Daily IBSB bullish + 60m IBSB bullish = aligned timeframes for potential long entry.
🎯 Why Multi-Timeframe Matters
Single timeframe breakout = one piece of data.
Multi-timeframe breakout = confirmation across time horizons.
When 15m, 60m, and Daily all show simultaneous 4-symbol breakouts → market structure aligning across timeframes.
🔧 Technical Details
✅ PineScript v6 (latest)
✅ Adaptive label positioning (scales with price)
✅ Smart staggering (prevents label overlap)
✅ Label management (max 500 total across timeframes)
✅ NA-safe logic (handles missing data)
✅ Works across all chart timeframes
⚠️ Important Disclaimers
Not financial advice: Educational and informational purposes only
No performance guarantees: Past breakouts don't predict future results
Risk management essential: Always use proper position sizing
Test before trading: Backtest and paper trade first
⚡ Quick Start
Add indicator to chart
Set symbols (default: SPY/QQQ/IWM/DIA)
Set 4 timeframes (default: 15/30/60/D)
Customize colors if desired
Create alerts (optional)
Watch for 📈IBSB or 📉IBSB labels with timeframe designation
📞 Support
Follow for updates and new indicators.
Questions? Leave a comment below — I respond to all feedback.
💬 Final Thoughts
Multi-timeframe compression breakouts with 4-symbol confirmation. Instead of monitoring dozens of charts manually, see all your timeframe breakouts in one place. When multiple timeframes align with simultaneous 4-symbol breakouts, you get clearer directional signals.
Use as one component of your analysis, combine with your risk management, and always trade with discipline.
Happy trading! 📈
Free and open-source for personal use. If you find this valuable:
👍 Like | 📝 Review | 🔔 Follow
"bar" için komut dosyalarını ara
2-Close + Bar 5 Reversal (Scan Ready)Bulkowski's Bullish 2-Step Reversal
Bar 1 Any price bar.
Bar 2 Price makes a low below bar 1 with a lower close, too.
Bar 3 Price has a low below bar 2 but a close above bar 1 (which will also be above bar 2's close). Bars 1 to 3 form a 2-close reversal pattern.
Bar 4 Makes a close below bar 3's close.
Bar 5 Has a low below bar 4 but closes above bars 3 and 4.
Breakout Breaks out upward 79% of the time in stocks.
From his page: thepatternsite.com
No Supply (Low-Volume Down Bars) — IdoThis indicator flags classic Wyckoff/VSA “No Supply (NS)” events—down bars that print on unusually low volume, suggesting a lack of sellers rather than strong selling pressure. NS often appears near support, LPS, or within re-accumulation ranges as a test before continuation higher.
Signal definition (configurable):
Down bar: choose Close < PrevClose or Close < Open.
Low volume: Volume < SMA(Volume, len) × threshold (e.g., 0.7).
Optional volume lower than the prior two bars (reduces noise).
Optional narrow spread: range (H–L) below its average.
Optional close position: close in the upper half of the bar.
Optional trend filter: only mark NS above or below an EMA (or any).
Optional wide-bar exclusion: skip unusually wide bars.
Visuals & outputs
Blue dot below each NS bar (optional bar tint).
Separate pane showing Relative Volume (vol / volSMA) to gauge effort.
Built-in alertcondition to trigger notifications when NS prints.
Inputs (high level)
lenVol: Volume SMA length.
ratioVol: Volume threshold vs. average (e.g., 0.7 = 70%).
usePrev2: Require volume below each of the prior two bars.
useNarrow + lenRange + ratioRange: Narrow-bar filter.
useClosePos + minClosePos: Close in upper portion of the bar.
downBarMode: Define “down bar” logic.
trendFiltOn, trendLen, trendSide: EMA trend filter.
useWideFilter, lenRangeWide, wideThreshold: Skip wide bars.
How to use (Wyckoff/VSA context)
Treat NS as a test of supply: price dips, but volume is light and close holds up.
Stronger when it prints near support/LPS within a re-accumulation structure.
Confirmation (recommended): within 1–3 bars, see demand—e.g., break above the NS high with expanding volume (above average or above the prior two bars). Many traders place a buy-stop just above the NS high; common stops are below the NS low or the most recent swing low.
Scanning tip
TradingView’s stock screener can’t consume Pine directly.
Use a Watchlist Custom Column that reports “bars since NS” to sort symbols (0 = NS on the latest bar). A companion column script is provided separately.
Notes & limitations
Works on any timeframe (intraday/daily/weekly), but context matters.
Expect false positives around news, gaps, or illiquid symbols—combine with structure (trend, S/R, phases) and risk management.
© moshel — Educational use only; not financial advice.
Pipnotic HTF BarsDescription:
Pipnotic HTF Bars projects higher-timeframe (HTF) candles to the right of current price so you can “peek ahead” with clean, fixed-width silhouettes. The latest HTF bar updates live until it closes; completed HTF bars are frozen and kept in a tidy row to the right. Bodies inherit up/down colours, wicks sit on the body edge (no line through the body), and transparency/borders are configurable for a lightweight, elegant overlay.
How It Works:
The script reads true HTF opens via request.security and detects new HTF boundaries precisely.
Completed HTF bars are captured with look ahead off and stored; they never repaint.
The current HTF bar uses look ahead on and updates tick-by-tick until the next HTF bar begins.
Each candle is drawn as a fixed bar-index width box and wick, anchored a set number of bars to the right of the chart, then spaced evenly.
Visualization and Management:
Candles are rendered as boxes (bodies) plus edge-wicks (coloured to match the body).
You choose how many completed HTF candles to keep visible; older ones are automatically pruned.
Width, spacing, transparency, and borders make the projection readable without cluttering price.
Designed to stay performant and within TradingView’s shape limits.
Key Features & Inputs:
Higher Timeframe (HTF): W, D, 240, 120, 60, 30, 15.
Live Current Bar: The most recent HTF candle updates until it closes (no duplicate static bar).
Number of Candles: Keep the last N completed HTF candles to the right.
Fixed Projection Geometry:
Projected width (bars) : set a constant visual width per candle.
Gap (bars) : spacing between projected candles.
Right shift : anchor the projection a fixed distance beyond the latest bar.
Styling : Up/Down colours, body transparency, optional borders, wicks coloured same as body and drawn from body edge → high/low (never through the body).
Overlay : Works on any symbol and chart timeframe.
Enhanced Visualization:
Edge-wicks align visually with the close side of the body, producing a crisp, unobstructed read of range (H–L) and direction (O→C).
Fixed widths and even spacing create a timeline-like panel to the right of price, ideal for multi-timeframe context without compressing your main chart.
Transparency lets you “ghost” the projection so LTF price action remains visible beneath.
Benefits of Using the Pipnotic HTF Script:
Instant HTF context without switching charts or compressing the main view.
Non-repainting history: Completed HTF candles are locked the moment a new one starts.
Cleaner decision surface: Edge-wicks and soft transparency reduce visual noise.
Time-saving workflow: Scan upcoming HTF structure at a glance (range, bias, progress).
Configurable & lightweight: Tune width, spacing, and count to fit any layout.
Tip: Using the daily HTF on an hourly or less timeframe and watching as price tests the open of the current day, especially if prices e.g. traded below the open, can provide some great trades as prices move above and retest the open.
Three-Bar Reversal/ContinuationThis indicator identifies a three-bar expansion pattern based on range and volume, designed to highlight moments when the market pushes strongly, pauses, and then resumes with confirmation.
Detection Logic
* Bar (two bars ago) must show sufficient strength, determined by the number of conditions met.
* Bar (one bar ago) must be neutral (strength = 0), marking a brief pause.
*Bar (current bar) must continue the expansion, with range and volume greater than the prior bar.
(Bar is used as a safeguard to prevent repeated detection during ongoing strong moves)
Strength Scoring
Each bar is scored 0–3 based on which of the following conditions it satisfies:
* Range exceeds a multiple of the recent average
* Volume exceeds a multiple of the recent average
* Range × volume exceeds a multiple of the recent average
The detection level input controls how many of these conditions must hold to classify a bar as “strong.” This allows tuning from permissive (1 condition) to strict (all 3 conditions).
Parameters & Utility
* length: Lookback period for moving averages of span, volume, and span×volume. Larger values smooth the averages, reducing false positives; smaller values increase sensitivity.
* coeff: Multiplicative threshold to define an unusually strong bar. Higher values reduce frequency but increase reliability.
* detectLevel: Minimum number of conditions that must be met for a bar to count as “strong.”
* showCont: Whether to allow continuation signals away from local extrema (if false, only reversals near highs/lows are considered).
* symbolUp / symbolDown: Customizable plotting symbols for bullish/bearish signals.
* showStrength: Plots tiny dots indicating the strength of each bar (1–3).
Rationale
This structure captures a recurring market motif: strong push → brief pause → renewed push, where the renewed activity is confirmed by both price expansion and volume. Using a combination of statistical thresholds (range, volume, range×volume) and price structure ensures that signals are both measurable and visually interpretable.
Usage Notes
* This setup allows traders to visually or systematically identify potential reversal or continuation points while controlling sensitivity to noise.
* Designed as a mechanical filter rather than a fully automated trading system. Signals highlight notable activity but do not dictate entry, exit, or risk management.
* Works best when combined with trend/context filters or higher-timeframe analysis.
* Adjust the parameters based on the volatility of the instrument and timeframe.
Universal Renko Bars by SiddWolfUniversal Renko Bars or UniRenko Bars is an overlay indicator that applies the logic of Renko charting directly onto a standard candlestick chart. It generates a sequence of price-driven bricks, where each new brick is formed only when the price moves a specific amount, regardless of time. This provides a clean, price-action-focused visualization of the market's trend.
WHAT IS UNIVERSAL RENKO BARS?
For years, traders have faced a stark choice: the clean, noise-free world of Renko charts, or the rich, time-based context of Candlesticks. Choosing Renko meant giving up your favorite moving averages, volume profiles, and the fundamental sense of time. Choosing Candlesticks meant enduring the market noise that often clouds true price action.
But what if you didn't have to choose?
Universal Renko Bars is a revolutionary indicator that ends this dilemma. It's not just another charting tool; it's a powerful synthesis that overlays the pure, price-driven logic of Renko bricks directly onto your standard candlestick chart. This hybrid approach gives you the best of both worlds:
❖ The Clarity of Renko: By filtering out the insignificant noise of time, Universal Renko reveals the underlying trend with unparalleled clarity. Up trends are clean successions of green bricks; down trends are clear red bricks. No more guesswork.
❖ The Context of Candlesticks: Because the Renko logic is an overlay, you retain your time axis, your volume data, and full compatibility with every other time-based indicator in your arsenal (RSI, MACD, Moving Averages, etc.).
The true magic, however, lies in its live, Unconfirmed Renko brick. This semi-transparent box is your window into the current bar's real-time struggle. It grows, shrinks, and changes color with every tick, showing you exactly how close the price is to confirming the trend or forcing a reversal. It’s no longer a lagging indicator; it’s a live look at the current battle between buyers and sellers.
Universal Renko Bars unifies these two powerful charting methods, transforming your chart into a more intelligent, noise-free, and predictive analytical canvas.
HOW TO USE
To get the most out of Universal Renko Bars, here are a few tips and a full breakdown of the settings.
Initial Setup for the Best Experience
For the cleanest possible view, it's highly recommended that you hide the body of your standard candlesticks, that shows only the skelton of the candle. This allows the Renko bricks to become the primary focus of your chart.
→ Double click on the candles and uncheck the body checkbox.
Settings Breakdown
The indicator is designed to be powerful yet intuitive. The settings are grouped to make customization easy.
First, What is a "Tick"?
Before we dive in, it's important to understand the concept of a "Tick." In Universal Renko, a Tick is not the same as a market tick. It's a fundamental unit of price movement that you define. For example, if you set the Tick Size to $0.50, then a price move of $1.00 is equal to 2 Ticks. This is the core building block for all Renko bricks. Tick size here is dynamically determined by the settings provided in the indicator.
❖ Calculation Method (The "Tick Size" Engine)
This section determines the monetary value of a single "Tick."
`Calculation Method` : Choose your preferred engine for defining the Tick Size.
`ATR Based` (Default): The Tick Size becomes dynamic, based on market volatility (Average True Range). Bricks will get larger in volatile markets and smaller in quiet ones. Use the `ATR 14 Multiplier` to control the sensitivity.
`Percentage` : The Tick Size is a simple percentage of the current asset price, controlled by the `Percent Size (%)` input.
`Auto` : The "set it and forget it" mode. The script intelligently calculates a Tick Size based on the asset's price. Use the `Auto Sensitivity` slider to make these automatically calculated bricks thicker (value > 1.0) or thinner (value < 1.0).
❖ Parameters (The Core Renko Engine)
This group controls how the bricks are constructed based on the Tick Size.
`Tick Trend` : The number of "Ticks" the price must move in the same direction to print a new continuation brick. A smaller value means bricks form more easily.
`Tick Reversal` : The number of "Ticks" the price must move in the opposite direction to print a new reversal brick. This is typically set higher than `Tick Trend` (e.g., double) to filter out minor pullbacks and market noise.
`Open Offset` : Controls the visual overlap of the bricks. A value of `0` creates gapless bricks that start where the last one ended. A value of `2` (with a `Tick Reversal` of 4) creates the classic 50% overlap look.
❖ Visuals (Controlling What You See)
This is where you tailor the chart to your visual preference.
`Show Confirmed Renko` : Toggles the solid-colored, historical bricks. These are finalized and will never change. They represent the confirmed past trend.
`Show Unconfirmed Renko` : This is the most powerful visual feature. It toggles the live, semi-transparent box that represents the developing brick. It shows you exactly where the price is right now in relation to the levels needed to form the next brick.
`Show Max/Min Levels` : Toggles the horizontal "finish lines" on your chart. The green line is the price target for a bullish brick, and the red line is the target for a bearish brick. These are excellent for spotting breakouts.
`Show Info Label` : Toggles the on-chart label that provides key real-time stats:
🧱 Bricks: The total count of confirmed bricks.
⏳ Live: How many chart bars the current live brick has been forming. These bars forms the Renko bricks that aren't confirmed yet. Live = 0 means the latest renko brick is confirmed.
🌲 Tick Size: The current calculated value of a single Tick.
Hover over the label for a tooltip with live RSI(14), MFI(14), and CCI(20) data for additional confirmation.
TRADING STRATEGIES & IDEAS
Universal Renko Bars isn't just a visual tool; it's a foundation for building robust trading strategies.
Trend Confirmation: The primary use is to instantly identify the trend. A series of green bricks indicates a strong uptrend; a series of red bricks indicates a strong downtrend. Use this to filter out trades that go against the primary momentum.
Reversal Spotting: Pay close attention to the Unconfirmed Brick . When a strong trend is in place and the live brick starts to fight against it—changing color and growing larger—it can be an early warning that a reversal is imminent. Wait for the brick to be confirmed for a higher probability entry.
Breakout Trading: The `Max/Min Levels` are your dynamic breakout zones. A long entry can be considered when the price breaks and closes above the green Max Level, confirming a new bullish brick. A short entry can be taken when price breaks below the red Min Level.
Confluence & Indicator Synergy: This is where Universal Renko truly shines. Overlay a moving average (e.g., 20 EMA). Only take long trades when the green bricks are forming above the EMA. Combine it with RSI or MACD; a bearish reversal brick forming while the RSI shows bearish divergence is a very powerful signal.
A FINAL WORD
Universal Renko Bars was designed to solve a fundamental problem in technical analysis. It brings together the best elements of two powerful methodologies to give you a clearer, more actionable view of the market. By filtering noise while retaining context, it empowers you to make decisions with greater confidence.
Add Universal Renko Bars to your chart today and elevate your analysis. We welcome your feedback and suggestions for future updates!
Follow me to get notified when I publish New Indicator.
~ SiddWolf
IL - Inside Bar Detector - v01Indicator: IL - Inside Bar Detector - v01
Product: An Indigo Lynx Indicator
Copyright: © Indigo Lynx, v01, 2025-07-04
Description:
This indicator identifies Inside Bar candlestick patterns, which can signal
consolidation or indecision in the market, often preceding breakouts.
It offers multiple definitions for what constitutes an Inside Bar, an
optional volume filter, and differentiates markers and display for
bullish or bearish closing inside bars.
Features:
- Detects Inside Bar patterns.
- Configurable Inside Bar Definitions (via "Inside Bar Definition" input):
1. "Body (O/C)": Current O/C body within previous O/C body.
2. "Range (H/L - Standard)": Current H/L within previous H/L.
3. "Super (Range & Body)": Requires BOTH conditions.
- Optional Volume Filter: Inside Bar volume < SMA of volume.
- Display Toggles: Separate options to show/hide Bullish closing IBs
and Bearish closing IBs.
- Customizable Visuals: Bar color and optional plotshape markers (differentiated
for bullish/bearish closing inside bars using "BI" and "BRI" text).
- Data Logging: Option to log detected pattern details.
How to Use & Interpret:
- Configure definition, volume filter, and display options.
- Inside Bars are highlighted by bar color if their type (bullish/bearish closing) is enabled.
- Optional shapes: Green up-triangle (BI) for bullish-closing Inside Bars,
Red down-triangle (BRI) for bearish-closing Inside Bars, if enabled.
- Use with other analysis methods for confirmation.
Disclaimer: Trading involves substantial risk of loss and is not suitable for all investors.
Past performance is not indicative of future results.
Hodie Smart Inside BarThe Hodie Smart Inside Bar indicator automatically detects and visually highlights inside bars — candles fully contained within the range of the previous (parent) candle.
How the indicator works:
Inside Bar Identification:
The indicator analyzes each candle and checks if its high is lower than the previous candle’s high, and its low is higher than the previous candle’s low. If this condition is met, the candle is considered an inside bar.
Size Filtering:
To filter out small and insignificant consolidations, the indicator compares the size of the parent candle’s range to the inside bar’s range. Only if the parent candle is significantly larger (2 times or more — adjustable parameter), the inside bar is considered significant.
Zone Drawing:
For each detected inside bar, the indicator draws a rectangular zone bounded by the parent candle’s high and low. This zone automatically extends to the right as new bars appear until the price moves outside the parent candle’s range.
Zone Completion:
Once the price closes above the parent candle’s high or below its low, the zone is considered complete and stops extending.
Visual Aids:
If enabled, the indicator can shade the background of the current inside bar for additional visual emphasis.
A label with the text "IB" appears above the inside bar candle on the chart for easier identification.
Alerts:
Supports alerts when a new inside bar forms.
Alerts help traders notice important signals promptly.
To activate, create an alert on the indicator with the condition “New Inside Bar”.
Benefits of the Indicator:
Inside bars often signal consolidation and potential liquidity accumulation, which may be followed by a strong impulsive breakout. This indicator helps traders quickly identify consolidation zones and prepare for possible price moves.
Smart Bar Counter with Alerts🚀 Smart Bar Counter with Alerts 🚀
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Overview
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Ever wanted to count a specific number of bars from a key point on your chart—such as after a Break of Structure (BOS), the start of a new trading session, or from any point of interest— without having to stare at the screen?
This "Smart Bar Counter" indicator was created to solve this exact problem. It's a simple yet powerful tool that allows you to define a custom "Start Point" and a "Target Bar Count." Once the target count is reached, it can trigger an Alert to notify you immediately.
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Key Features
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• Manual Start Point: Precisely select the date and time from which you want the count to begin, offering maximum flexibility in your analysis.
• Custom Bar Target: Define exactly how many bars you want to count, whether it's 50, 100, or 200 bars.
• On-Chart Display: A running count is displayed on each bar after the start time, allowing you to visually track the progress.
• Automatic Alerts: Set up alerts to be notified via TradingView's various channels (pop-up, mobile app, email) once the target count is reached.
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How to Use
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1. Add this indicator to your chart.
2. Go to the indicator's Settings (Gear Icon ⚙️).
- Select Start Time: Set the date and time you wish to begin counting.
- Number of Bars to Count: Input your target number.
3. Set up the Alert ( Very Important! ).
- Right-click on the chart > Select " Add alert ."
- In the " Condition " dropdown, select this indicator: Smart Bar Counter with Alerts .
- In the next dropdown, choose the available alert condition.
- Set " Options " to Once Per Bar Close .
- Choose your desired notification methods under " Alert Actions ."
- Click " Create ."
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Use Cases
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• Post-Event Analysis: Count bars after a key event like a Break of Structure (BOS) or Change of Character (CHoCH) to observe subsequent price action.
• Time-based Analysis: Use it to count bars after a market open for a specific session (e.g., London, New York).
• Strategy Backtesting: Useful for testing trading rules that are based on time or a specific number of bars.
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Final Words
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Hope you find this indicator useful for your analysis and trading strategies! Feel free to leave comments or suggestions below.
Recent Internal Bar StrengthThis indicator is designed to assist price action traders by highlighting the Internal Bar Strength (IBS) of recent bars, offering a quantitative measure of each bar’s closing position within its own high–low range.
IBS is computed by dividing the difference between the bar’s closing price and its low by the total price range of that bar (i.e., the difference between its high and low). The resulting value lies between 0 and 1: the closer the closing price is to the high, the nearer the IBS approaches 1; conversely, the closer it is to the low, the nearer the IBS approaches 0. This metric may be interpreted as an indicator of directional bias within the bar itself, indirectly reflecting the strength or weakness of short-term market momentum.
In implementation, the IBS value is expressed as a percentage and visually encoded according to preset thresholds. Specifically, bullish bars with an IBS exceeding the upper threshold (default: 69) are rendered in blue-green, while bearish bars with an IBS falling below the lower threshold (default: 31) are rendered in orange. All other bars are displayed in a neutral gray. This visual scheme allows traders to quickly discern bars exhibiting pronounced internal strength or weakness, thereby facilitating more informed assessments of potential price behavior in the near term.
The indicator provides two types of information concurrently. First, it displays a user-defined number of IBS labels for recently closed bars, enabling retrospective analysis of recent price action and its continuity or variation. Second, it presents the real-time IBS value for the currently forming bar, allowing traders to monitor the bar’s evolving position within its range as it develops.
By visualizing IBS directly on the chart, this indicator offers a concise and coherent tool for observing the structural dynamics of individual bars. It aids in the quantitative interpretation of intrabar momentum, enriching the trader’s capacity to read price behavior with greater clarity and precision.
3 Bar Reversal3 Bar Reversal
This pattern is described in John Carter's "Mastering the Trade"
The 3 Bar Reversal indicator is a simple but effective price action tool designed to highlight potential short-term reversals in market direction. It monitors consecutive bar behavior and identifies turning points based on a three-bar pattern. This tool can assist traders in spotting trend exhaustion or early signs of a reversal, particularly in scalping or short-term trading strategies.
How It Works
This indicator analyzes the relationship between consecutive bar closes:
It counts how many bars have passed since the price closed higher than the previous close (barssince(close >= close )) — referred to as an "up streak".
It also counts how many bars have passed since the price closed lower than the previous close (barssince(close <= close )) — known as a "down streak".
A reversal condition is met when:
There have been exactly 3 bars in a row moving in one direction (up or down), and
The 4th bar closes in the opposite direction.
When this condition is detected, the script performs two actions:
Plots a triangle on the chart to signal the potential reversal:
A green triangle below the bar for a possible long (buy) opportunity.
A red triangle above the bar for a possible short (sell) opportunity.
Triggers an alert condition so users can set notifications for when a reversal is detected.
Interpretation
Long Signal: The market has printed 3 consecutive lower closes, followed by a higher close — suggesting bullish momentum may be emerging.
Short Signal: The market has printed 3 consecutive higher closes, followed by a lower close — indicating possible bearish momentum.
These patterns are common in market retracements and can act as confirmation signals when used with other indicators such as RSI, MACD, support/resistance, or volume analysis.
Usage Examples
Scalping: Use the reversal signal to quickly enter short-term trades after a short-term exhaustion move.
Swing Trading: Combine this with trend indicators (e.g., moving averages) to time pullbacks within larger trends.
Confirmation Tool: Use this indicator alongside candlestick patterns or support/resistance zones to validate entry or exit points.
Alert Setup: Enable alerts based on the built-in alertcondition to receive instant notifications for potential trade setups.
Limitations
The 3-bar reversal logic does not guarantee a trend change; it signals potential reversals, which may need confirmation.
Best used in conjunction with broader context such as trend direction, market structure, or other technical indicators.
Pin Bar Highlighter OnlyAbsolutely — here’s a full **description and breakdown** of what the script does:
---
## 📜 Script Name:
**"Pin Bar Highlighter Only"**
---
## 🎯 Purpose:
This script **detects and highlights classic pin bar reversal candles** directly on the chart — without plotting any entry, stop loss, or take profit levels.
It’s designed for traders who:
* Want to manually assess trades
* Prefer a clean chart
* Use pin bar price action as a signal for potential reversals
---
## ✅ What It Does:
* **Scans each candle** to check if it qualifies as a **bullish** or **bearish pin bar**
* If valid:
* Plots a **green triangle below** bullish pin bars
* Plots a **red triangle above** bearish pin bars
* Keeps your chart **minimal and uncluttered**
---
## 📌 How It Detects a Pin Bar:
### 🔹 1. Candle Structure:
* Measures the total candle range: `high - low`
* Calculates the **body size**: `abs(close - open)`
* Calculates the **upper and lower wick sizes**
### 🔹 2. Pin Bar Criteria:
* The **wick (nose)** must be at least **2/3 of the total candle length**
* The **body** must be small — **≤ 1/3** of the total range
* The **body** must be located at **one end** of the candle
* The wick must **pierce the high/low** of the previous candle
---
## 📍 Bullish Pin Bar Requirements:
* Close > Open (green candle)
* Lower wick ≥ 66% of candle range
* Body ≤ 33% of range
* Candle **makes a new low** (current low < previous low)
### 📍 Bearish Pin Bar Requirements:
* Close < Open (red candle)
* Upper wick ≥ 66% of candle range
* Body ≤ 33% of range
* Candle **makes a new high** (current high > previous high)
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## 🖼️ Visual Output:
* 🔻 Red triangle **above** bearish pin bars
* 🔺 Green triangle **below** bullish pin bars
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## 🛠️ Example Use Cases:
* Identify **reversal points** at support/resistance
* Confirm signals with **VWAP**, supply/demand zones, or AVWAP (manually plotted)
* Use in **conjunction with other strategies** — without clutter
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First EMA Touch (Last N Bars)Okay, here's a description of the "First EMA Touch (Last N Bars)" TradingView indicator:
Indicator Name: First EMA Touch (Last N Bars)
Core Purpose:
This indicator is designed to visually highlight on the chart the exact moment when the price (specifically, the high/low range of a price bar) makes contact with a specified Exponential Moving Average (EMA) for the first time within a defined recent lookback period (e.g., the last 20 bars).
How it Works:
EMA Calculation: It first calculates a standard Exponential Moving Average (EMA) based on the user-defined EMA Length and EMA Source (e.g., close price). This EMA line is plotted on the chart, often serving as a dynamic level of potential support or resistance.
"Touch" Detection: For every price bar, the indicator checks if the bar's range (from its low to its high) overlaps with or crosses the calculated EMA value for that bar. If low <= EMA <= high, it's considered a "touch".
"First Touch" Logic: This is the key feature. The indicator looks back over a specified number of preceding bars (defined by the Lookback Period). If a "touch" occurs on the current bar, and no "touch" occurred on any of the bars within that preceding lookback window, then the current touch is marked as the "first touch".
Visual Signal: When a "first touch" condition is met, the indicator plots a distinct shape (by default, a small green triangle) below the corresponding price bar. This makes it easy to spot these specific events.
Key Components & Settings:
EMA Line: The calculated EMA itself is plotted (typically as an orange line) for visual reference.
First Touch Signal: A shape (e.g., green triangle) appears below bars meeting the "first touch" criteria.
EMA Length (Input): Determines the period used for the EMA calculation. Shorter lengths make the EMA more reactive to recent price changes; longer lengths make it smoother and slower.
Lookback Period (Input): Defines how many bars (including the current one) the indicator checks backwards to determine if the current touch is the first one. A lookback of 20 means it checks if there was a touch in the previous 19 bars before signalling the current one as the first.
EMA Source (Input): Specifies which price point (close, open, high, low, hl2, etc.) is used to calculate the EMA.
Interpretation & Potential Uses:
Identifying Re-tests: The signal highlights when price returns to test the EMA after having stayed away from it for the duration of the lookback period. This can be significant as the market re-evaluates the EMA level.
Potential Reversal/Continuation Points: A first touch might indicate:
A potential area where a trend might resume after a pullback (if price bounces off the EMA).
A potential area where a reversal might begin (if price strongly rejects the EMA).
A point of interest if price consolidates around the EMA after the first touch.
Filtering Noise: By focusing only on the first touch within a period, it can help filter out repeated touches that might occur during choppy or consolidating price action around the EMA.
Confluence: Traders might use this signal in conjunction with other forms of analysis (e.g., horizontal support/resistance, trendlines, candlestick patterns, other indicators) to strengthen trade setups.
Limitations:
Lagging: Like all moving averages, the EMA is a lagging indicator.
Not Predictive: The signal indicates a specific past event (the first touch) occurred; it doesn't guarantee a future price movement.
Parameter Dependent: The effectiveness and frequency of signals heavily depend on the chosen EMA Length and Lookback Period. These may need tuning for different assets and timeframes.
Requires Confirmation: It's generally recommended to use this indicator as part of a broader trading strategy and not rely solely on its signals for trade decisions.
In essence, the "First EMA Touch (Last N Bars)" indicator provides a specific, refined signal related to price interaction with a moving average, helping traders focus on potentially significant initial tests of the EMA after a period of separation.
Inside Bar/Outside Bar/Mother Bar Box By SmartTrader888This Indicator shows:
1. Inside Bar
2. Outside Bar
3. Mother Bar box (Box the mother bar and all subsequent inside bars)
This indicator handles correctly the edge conditions such as:
1. bar close = bar open
2. current bar low equals to mother bar low or current bar high equals mother bar high
Inside Bar Multi-Currency ScannerDescription:
This script is an Inside Bar Scanner that allows you to monitor multiple currency pairs across different timeframes (15 minutes, 1 hour, and 4 hours). Its main features include:
Inside Bar Detection:
An Inside Bar is a candlestick where both the High and Low are within the range of the previous candle.
The script automatically identifies Inside Bars and displays the results in a table.
Customizable Timeframes:
Supports scanning in 15-minute, 1-hour, and 4-hour timeframes.
Results are displayed for each timeframe separately.
Multi-Currency Support:
Scan up to 10 currency pairs simultaneously.
Currency pairs are customizable and selected by the user.
Candle Coloring:
Inside Bars are highlighted with colors:
Semi-transparent green for bullish Inside Bars.
Semi-transparent red for bearish Inside Bars.
Colors are customizable and selected by the user.
Alerts:
Custom alerts for detecting Inside Bars in selected timeframes.
Receive notifications when an Inside Bar is detected in any of the selected currency pairs.
How to Use:
Select your desired currency pairs from the Scanner Currencies section.
Enable your preferred timeframes in the Scanner Timeframe section.
The script will display a table of results with Inside Bar information for each currency pair and timeframe.
Optionally, customize the candle colors in the Scanner InsideBar Color section.
Additional Explanation for Timeframe Status:
In each selected timeframe, there are three possible states for the candles:
Previous Candle is an Inside Bar:
Displayed with a green background and the symbol ✔.
Previous Candle is NOT an Inside Bar:
Displayed with a red background and the symbol ✘.
Current Candle is an Inside Bar:
Displayed with an orange background and the symbol ⌕.
These visual indicators provide a clear and quick overview of the Inside Bar status for each selected currency pair and timeframe.
Custom ATR with Paranormal Bar FilterCustom ATR with Paranormal Bar Filter
Description:
This indicator calculates a custom ATR (Average True Range) by filtering out bars with unusually large or small price ranges. It helps provide a more accurate measure of market volatility by ignoring outliers.
How it works:
True Range Calculation:
The price range for each bar is calculated.
Bars with ranges much larger or smaller than typical are excluded.
Filtered ATR:
The ATR is calculated using only the bars that pass the filter.
Current Bar Progress:
Measures how much the current bar has moved compared to the filtered ATR, based on the difference between its opening and closing prices.
Display:
A line represents the filtered ATR.
A table shows the filtered ATR, the current bar's range, and its progress relative to the ATR.
Input Settings:
ATR Period: Number of bars used to calculate the ATR.
Filter Window: Number of recent bars used to determine the typical range.
Filter Threshold: Sensitivity of the filter. A higher value allows more bars to pass.
How to Use:
Monitor Volatility:
Use the filtered ATR to understand market volatility while ignoring unusual price movements.
Track Current Bar Progress:
See how much of the ATR the current bar has completed.
Adjust Filter Settings:
Fine-tune the filter to match your trading timeframe and strategy.
This indicator is designed for traders who want to track market volatility without being misled by extreme outlier bars.
High-Low of X BarOverview
The High-Low of X Bar indicator allows traders to visualize historical high and low values from a specific number of bars ago directly on the chart.
Provides insight into past price action by displaying high, low, and their difference at the most recent bar.
Customizable inputs and color settings for labels enhance usability and visual integration with your chart.
Key Features
Historical Data Analysis: Displays the high, low, and the difference between these values from a specified number of bars ago.
Customizable Inputs: Set the number of bars ago to review historical price points, with a range from 1 to 2000 bars. Premium users can exceed this range.
Dynamic Labeling: Option to show high, low, and difference values as labels on the chart, with customizable text and background colors.
Color Customization: Customize label colors for high, low, and difference values, as well as for cases with insufficient bars.
Inputs
Number of Bars Ago: Enter the number of bars back from the current bar to analyze historical high and low values.
Show High Value: Toggle to display the historical high value.
Show Low Value: Toggle to display the historical low value.
Show Difference Value: Toggle to display the difference between high and low values.
Color Settings
High Label Background Color: Set the background color of the high value label.
High Label Text Color: Choose the text color for the high value label.
Low Label Background Color: Set the background color of the low value label.
Low Label Text Color: Choose the text color for the low value label.
Difference Label Background Color: Set the background color of the difference label.
Difference Label Text Color: Choose the text color for the difference label.
Not Enough Bars Label Background Color: Set the background color for the label shown when there are insufficient bars.
Not Enough Bars Label Text Color: Choose the text color for the insufficient bars label.
Usage Instructions
Add to Chart: Apply the High-Low of X Bar indicator to your TradingView chart.
Configure Settings: Adjust the number of bars ago and display options according to your analysis needs.
Customize Appearance: Set the colors for the labels to match your chart's style.
Analyze: Review the high, low, and their difference directly on your chart for immediate insights into past price movements.
Notes
Ensure your chart has sufficient historical data for the indicator to function properly.
Customize label visibility and colors based on your preference and trading strategy.
[DT] ATR Trigger Bar OverlayATR Trigger candle is an idea that I originally heard about studying alexander elder's work at spike trade. This code is my interpretation of his work.
The idea behind an ATR trigger bar is to find areas where price is likely trapping market participants. In some cases a trigger will not form in one bar so a two bar analysis is also included in study.
Bull trap condition:
- price moves above previous bar high and in the same candle will close below previous bar close
Bear trap condition:
- price moves below previous bar low and in the same candle will close above previous bar close
TODO:
- categorize trigger bar as 1 bar or 2 bar price action
- allow user to filter 1 bar or 2 bar price action
- multiple timeframes
- volume filter
- horizontal line for average price on a trigger bar
3B-Play Finder1 - Objective
2 - How to use (Theory)
3 - How to use (Grade System)
4 - Inputs
5 - Extras and Alerts
6 - Notes
Objective
This script aims to mark 3 Bar play patterns (both short and long) by identifying them on the chart, with an arrow pointing up from long and down for short. Aswell, setting alerts based on grade.
Following the base concept, this script comes with a "grade" system (A, B, C), which aims to classify 3B-Play according to input parameters.
2 - How to use (Theory)
The pattern is described by a wide range Ignite bar followed by a narrow resting bar.
Long
Given a 3 Bar play pattern, with a wide range green bar, the entry point should be above the ignite and narrow bar wicks (high) with stop loss set below the resting bar wick low but within ignite wide range bar.
The exit depends on the chart analysis, and there is no set rule for it.
Short
Similar to long but is with a wide range red bar and entry is defined on wick low and stop-loss at wick high.
3 - How to use (Grade System)
Since 3B-play come in all sort of shapes, some are "textbook" perfect, others a bit more "loose". I set a grading system, to differentiate each one.
The way the 3 Bar play quality is determined is based on the percentage size of the resting bar in relation to igniting bar size, starting from de close. An example of how this works is the following. Note: enabling the extra draws lines helps visually to adjust the grades to your preference.
4 - Inputs
3B Quality section
Enable/disable each grade.
CONTROL LONG / SHORT
Set the percentage values for each grade.
Extras
Enable/Disable extra plots.
5 - Extras and Alerts
This script comes with an extra section, enabling it, draws lines on the max and min values, as well, showing the values in text and the set percentage.
Also, you can set alerts based on the grade and short/long, note you should set the alert to bar close to avoid pre-trigger warnings.
6 - Notes
The script can be shorted a lot, by only looking for a single 3 bar play, to less than 30 lines.
Popgun Bar PatternI created this script to research the trading effectiveness of the Popgun Bar Pattern.
The Popgun Bar Pattern is found when 3 candlesticks in order form the following pattern:
0. Any bar that is then followed by:
1. An inside bar. This is a bar that is completely engulfed by the bar before it. It will have a lower high and a higher low than the previous bar.
2. An outside bar immediately after. This is a bar that completely engulfs the prior inside bar. It will have a higher high and a lower low than the previous bar.
Simply put, the Popgun Bar Pattern is an inside bar followed by an outside bar.
I would highly recommend incorporating this signal as a "trigger" for existing technical analysis. Used in isolation it may not have a high probability of success.
To make it more effective as a trigger to a trading signal I incorporated into my code an Entry, Stop, and a Target dot.
The Entry dot is offset from the low of a bearish Popgun Bar Pattern or the high of a bullish Popgun Bar Pattern by a factor of ATR. The default ATR percentage is 33% but can be adjusted.
The Stop dot is based on the recent highest high (bearish) or lowest low (bullish) of a set range (default is 9 bars) plus/minus the ATR percentage buffer.
The Target dot is automatically calculated from the entry based on a configurable reward factor (default is 3) from the entry to stop distance. This projects a potential 3:1 reward/risk trade by default.
There is an additional alert condition which can be configured at the end of the script.
Probability: Bull/Bear Dominance | Ratio | Bar CountIntro
What's the probability of the next bar being red? How about green? Well, there are many ways to quantify the probability but I am presenting just one stupidly simple (but generally accurate) way to measure it.
Strangely... no one has done this before that I can find. I try to check if someone else has done it first (Pro Tip: Plz do this. We honestly don't need the 5 trillionth "MTF MAs" script.)
Indicator
Its a basic counting script, but the nice thing about this script is you choose the time range. It starts counting from a specified point of your choosing. It counts up the bull bars and bear bars separately.
Bull Bar = Close > Open
Bear Bar = Open > Close
You can look at them in sum or as a ratio of Green Bars : Red Bars
I know, it's almost too simple. But, here's some interesting food for thought from a layman to fellow laymen.
Analysis/Edge
Between the time of candle open and candle close, the price can do one of three things, close higher, close lower, or close equal to.
'Equal to' is rare on higher timeframes in liquid markets and it provides no useful information. Thus, we'll nix it for purposes of this conversation.
So boil it down. The next candle is going to be a red candle or a green candle.
It is popular to refer to the general probability of most candles as 50/50, with trader's mission in life being to seek an edge that tilts the probabilities slightly in their favor.
The truth is the odds are probably never actually 50/50, but knowing the precisely correct probability is unknowable, just like the accuracy of a weather forecast is inherently unknowable. What we're trying to do as traders is develop systems that give us predictive probabilistic outcomes that correspond with future realities based on various ways of measuring the market (most often heavily dependent on the past).
The reality is that the market can be measured in many, many different ways. The important thing is that you measure it in a way that is accurate, relevant, and universally applicable.
So look at this indicator here:
You start from a point in time on a chosen timeframe and you put red bars in the red column, green in the green column, and count them all up.
Then you make a ratio, in this case, Green : Red.
What the ratio shows you is the percentage of green bars compared to red bars . At the time of this screenshot, the 4h on the SPX starting from the 2020 bottom is showing a ratio of 1.2.
This means there have been 20% more green bars than there have been red bars.
Now there are 1,000 directions you can take this discussion. What is the overall volatility picture, the size of the red bars vs the green bars, what happens if you miss out on the 5 biggest green bars... so many more variables that you would need to take into account to develop a true edge from this idea. But, the bottom line fact (which is what I like about this) is that we can take this data and say with a certain level of confidence that on the SPX you have a 20% better shot at making money (otherwise stated there's a 60/40 chance) if you open a LONG trade at the beginning of a 4h candle than if you open a short.
That's useful information. One could argue that it's not a complete strategy in and of itself (although I bet it could be with a couple of additional parameters). But I can tell you, based on the 4h candles in the 2020 rally if you open a short, the deck is stacked against you from this perspective. And we can actually somewhat demonstrate this to be true for our dataset because we can look at the price history and see who likely made more money. The SPX is up 1000pts off the bottom. So, thus far, for this dataset, it rings true; Bulls have been doing way better in the latter part of 2020 than the bears.
Conclusion
Predictive systems with a small number of variables tend to be more robust than a system with many variables when applied to a complex system. I may keep updating this script if people like it and determine aspects like population vs sample size, confidence intervals, volatility, and exclusion of outliers. For now, this is just an opening foray into the basic idea of how we can establish an edge in the markets. It really can be this simple.
Thanks for Reading.
Volatility BarVolatility Bar - Significant Price Movement Alert
This indicator identifies and highlights candles with significant price movements by comparing the current bar's range against historical volatility.
**Key Features:**
- **Orange Bars**: Marks candles with range 135%-175% of the maximum range in the previous N bars (default 4)
- **Red Bars**: Highlights extreme volatility bars exceeding 175% threshold
- **Visual Alerts**: Triangle markers below significant bars for quick identification
- **Background Highlighting**: Optional background coloring for enhanced visibility
- **Statistics Panel**: Real-time display of current range, max historical range, ratio percentage, and alert status
**Use Cases:**
- Identify wide range bars, gap bars, and price expansion patterns
- Spot potential breakout or reversal signals
- Filter out noise while catching meaningful price action
- Alert traders to significant market events requiring attention
**Customizable Parameters:**
- Lookback Period (default: 4 bars)
- Minimum Threshold (default: 135%)
- Maximum Threshold (default: 175%)
**How It Works:**
The indicator calculates the current bar's high-low range and compares it to the highest range among the previous N bars. When the current range exceeds the minimum threshold, it's marked orange. Extreme movements beyond the maximum threshold are marked red, helping you distinguish between normal volatility spikes and extraordinary events.
Perfect for price action traders who want automated alerts for significant market movements without the clutter of false signals.
Inside Bar Detector - 15min
🔍 What is an Inside Bar?
An **Inside Bar** is a candle that forms **entirely within the high and low of the previous candle**. It represents **consolidation**, **indecision**, or **potential reversal**, and is a key signal in The Strat trading method.
🔧 What the Script Does:
1. **Timeframe Restriction**:
* The script activates **only on the 15-minute timeframe**, avoiding clutter on other timeframes.
2. **Inside Bar Logic**:
* It checks whether the **current bar’s high is lower than the previous bar’s high**, **AND** the **current bar’s low is higher than the previous bar’s low**.
* If both conditions are true, it confirms an Inside Bar.
3. **Visual Display**:
* When an Inside Bar is detected, the script **plots a yellow label ("1") above the bar**.
* The label represents the Strat 1-bar and helps you easily spot potential setups.
🎯 Use Case:
* Ideal for **Strat traders**, **price action analysts**, or **any trader** looking for breakout or reversal opportunities.
* Common setups include **1-2**, **1-3**, or **double inside bar** breakouts.
