Better RSIThis script is an enhancement of the original RSI (Relative Strength Index) indicator for TradingView. While the core RSI functionality remains intact, several powerful features have been added to make it a "Better RSI" tool for traders and investors.
Key Features:
1. Divergence Detection: The script now includes both Bullish and Hidden Divergence detection. Bullish Divergence helps identify potential trend reversals when the price makes lower lows, but the RSI makes higher lows. Conversely, Hidden Divergence highlights instances where the RSI and price move in opposite directions, signaling potential trend continuation or reversal.
2. Bollinger Band Breakout Highlight: Users have the option to select "Bollinger Bands" as the Moving Average (MA) type in the settings. When enabled, this feature highlights RSI-Bollinger Band breakouts. It's a valuable tool for traders looking to capitalize on RSI movements in conjunction with Bollinger Bands.
3. Customizable Settings: The script provides a range of customizable settings, allowing you to adjust parameters like RSI length, MA type, Bollinger Bands standard deviation, and more to suit your trading strategy.
4. Clear Visuals: The script offers clear visual cues, with colored backgrounds indicating RSI overbought and oversold levels, as well as extreme breakouts. Bullish and bearish divergence points are also marked with distinct crosses, making it easy to spot potential trading opportunities.
Whether you're a seasoned trader or just starting, the "Better RSI" script empowers you with advanced tools to make more informed trading decisions. Use it to identify potential trend reversals, continuation patterns, and RSI-Bollinger Band breakouts in the market.
Komut dosyalarını "breakout" için ara
Fair Value Gap [MyTradingCoder]Introducing the "Fair Value Gap" indicator, a powerful tool designed to identify and visualize areas of potential market gaps where leftover orders may reside. This indicator utilizes price action analysis, specifically focusing on fair value gaps that occur between the current candle and the candle two bars prior.
The Fair Value Gap indicator draws customizable zones on the chart, representing bullish or bearish areas with distinct green or red colors. These zones highlight market gaps where price action has left a void, indicating the possibility of significant order activity in that region.
Key Features:
Liquidity Zone: Utilize the Fair Value Gap zones as areas of liquidity, offering potential entry points for trades.
Support/Resistance Indicator: Configure the indicator to extend beyond the initial breakout or gap fill, allowing it to act as a support/resistance zone indicator.
The Fair Value Gap indicator has several adjustable settings to customize its behavior according to your trading preferences. These settings include:
Invalidation Outcome: Choose how the fair value gap zone is treated when it becomes invalidated. Options include:
-Stop Updating: Maintain the gap zone in its current state without further updates.
-Delete: Completely remove the fair value gap from the screen.
Invalidation Method: Determine the logic that invalidates the fair value gap. Options include:
-Gap Fill: Visually shrink the zone as price action closes the gap until it is completely filled, at which point it gets deleted entirely.
-Number Of Breakouts: Invalidate the gap after a certain number of breaks or flips over the zone's border. Configure the allowed number of breakouts with the "Breakouts Until Invalidation" input.
-Age Of Gap: Invalidate the gap after a specified number of bars have passed since its creation. Set the threshold with the "Bars Until Invalidation" input.
Color Customization: Customize the appearance of the fair value gap zones with various color inputs, including bullish and bearish border colors, middle line color (shared for both bullish and bearish gaps), bullish and bearish background colors.
Line Width: Adjust the width of the border lines and the center line within the fair value gap zone for better visual clarity.
Please note that the Fair Value Gap indicator is a valuable tool but should be used alongside other technical analysis methods to make well-informed trading decisions. It does not guarantee profitable trades but aims to provide insights into potential areas of interest.
Discover opportunities within market gaps and leverage the power of leftover orders with the Fair Value Gap indicator—an indispensable asset in your trading toolkit.
ATR DeltaThe ATR Delta indicator is based on the concept of Average True Range (ATR), which reflects the average price range over a specified period. By calculating the difference between current and previous ATR values, the ATR Delta provides valuable insights into volatility shifts in the market. This information can help traders identify periods of heightened or diminished price movement, enabling them to adjust their strategies accordingly.
The ATR Delta indicator consists of two main calculations:
-- ATR Calculation : The Average True Range (ATR) is calculated using the specified length parameter. It measures the average price range (including gaps) during that period. A larger ATR value indicates higher volatility, while a smaller value indicates lower volatility.
-- ATR Delta Calculation : The ATR Delta is calculated by subtracting the ATR value of the previous bar from the current ATR value. This calculation captures the change in volatility between the two periods, providing a measure of how volatility has evolved.
Positive ATR Delta values indicate an increase in volatility compared to the previous period. It suggests that price movements have expanded, potentially indicating a more active market. On the other hand, negative ATR Delta values indicate a decrease in volatility compared to the previous period. It suggests that price movements have contracted, potentially signaling a calmer or range-bound market.
The ATR Delta indicator uses coloration to visually represent the relationship between the ATR Delta, zero, and a signal line:
-- Green color is assigned when the ATR Delta is positive, above the signal line, and increasing. This coloration suggests a scenario of higher volatility, as the market is experiencing upward momentum in price swings.
-- Red color is assigned when the ATR Delta is negative, below the signal line, and decreasing. This coloration suggests a scenario of lower volatility, as the market is experiencing downward momentum in price swings.
-- Gray color is assigned for other cases when the ATR Delta and signal line relationship does not meet the above conditions.
These colors are reflected in the columns of the ATR Delta as well as the bar coloration.
The ATR Delta indicator includes a signal line, which acts as a reference for interpreting the ATR Delta values. The signal line is calculated as a moving average (EMA) of the ATR Delta over a specified length. It helps smooth out the ATR Delta fluctuations, providing a clearer indication of the underlying trend in volatility changes. When the ATR Delta crosses above the signal line, it may suggest a potential increase in volatility, indicating a market that is becoming more active. Conversely, when the ATR Delta crosses below the signal line, it may suggest a potential decrease in volatility, indicating a market that is becoming less active.
The coloration of the signal line in the ATR Delta indicator helps to differentiate between positive and negative values and provides further insight into market sentiment. When the signal line is positive, indicating increasing volatility, it is colored lime. This color choice reinforces the bullish sentiment and signifies potential opportunities for trend continuation or breakouts. On the other hand, when the signal line is negative, indicating decreasing volatility, it is colored fuchsia. This color choice highlights the bearish sentiment and suggests potential range-bound or consolidation periods. These colors are reflected in the background of the indicator.
The ATR Delta indicator offers several potential applications for traders:
-- Volatility Analysis : The ATR Delta is invaluable for understanding and analyzing volatility dynamics in the market. Traders can observe the changes in ATR Delta values and use them to assess the current level of price movement. This information can help determine the appropriate strategies and risk management approaches.
-- Breakout Strategies : Traders often use the ATR Delta to identify periods of increased volatility, which frequently accompany breakouts. By monitoring the ATR Delta, traders can anticipate potential price breakouts and adjust their entry and exit levels accordingly.
-- Trend Confirmation : Combining the ATR Delta with trend-following indicators allows traders to validate the strength of a trend. Higher ATR Delta values during an uptrend may indicate stronger momentum and a higher likelihood of continuation. Conversely, lower ATR Delta values during a downtrend may suggest a potential consolidation phase or trend reversal.
Limitations :
-- Lagging Indicator : The ATR Delta indicator is based on historical data and calculates the difference between current and previous ATR values. As a result, it may lag behind real-time market conditions. Traders should be aware of this delay and consider it when making trading decisions. It is advisable to combine the ATR Delta with other indicators or price action analysis for a more comprehensive assessment of market conditions.
-- Parameter Sensitivity : The ATR Delta indicator's effectiveness can be influenced by the selection of its parameters, such as the length of the ATR and signal line. Different market conditions may require adjustments to these parameters to better capture volatility changes. Traders should carefully test and optimize the indicator's parameters to align with the characteristics of the specific market or asset they are trading.
-- Market Regime Changes : The ATR Delta indicator assumes that volatility changes occur gradually. However, in rapidly changing market regimes or during news events, volatility can spike or drop abruptly, potentially rendering the indicator less effective. Traders should exercise caution and consider using additional tools or techniques to identify and adapt to such market conditions.
The ATR Delta indicator is a valuable tool for traders seeking to analyze and monitor volatility dynamics in the market. By calculating the difference between current and previous ATR values, it provides insights into changes in price movement and helps identify periods of increased or decreased volatility. Traders can leverage the ATR Delta to fine-tune their strategies, validate trend strength, and identify potential breakout opportunities. However, it is essential to recognize the limitations of the indicator, including its lagging nature and sensitivity to parameter selection. By combining the ATR Delta with other technical analysis tools and applying sound risk management practices, traders can enhance their decision-making process and potentially improve their trading outcomes.
Donchian Volatility Indicator - Adaptive Channel WidthThis indicator is designed to help traders assess and analyze market volatility. By calculating the width of the Donchian channels, it provides valuable insights into the range of price movements over a specified period. This indicator helps traders identify periods of high and low volatility, enabling them to make more informed trading decisions.
The indicator is based on the concept of Donchian channels, which consist of the highest high and lowest low over a specified lookback period. The channel width is calculated as the difference between the upper and lower channels. A wider channel indicates higher volatility, suggesting potentially larger price movements and increased trading opportunities. On the other hand, a narrower channel suggests lower volatility, indicating a relatively calmer market environment with potentially fewer trading opportunities.
The adaptive aspect of the indicator refers to its ability to adjust the width of the channels dynamically based on market conditions. The indicator calculates the width of the channels using the Average True Range (ATR) indicator, which measures the average range of price movements over a specified period. By multiplying the ATR value with the user-defined ATR multiplier, the indicator adapts the width of the channels to reflect the current level of volatility. During periods of higher volatility, the channels expand to accommodate larger price movements, providing a broader range for assessing volatility. Conversely, during periods of lower volatility, the channels contract, reflecting the narrower price ranges and signaling a decrease in volatility. This adaptive nature allows traders to have a flexible and responsive measure of volatility, ensuring that the indicator reflects the current market conditions accurately.
To provide further insights, the indicator includes a signal line. The signal line is derived from the channel width and is calculated as a simple moving average over a specified signal period. This signal line acts as a reference level, allowing traders to compare the current channel width with the average width over a given time frame. By assessing whether the current channel width is above or below the signal line, traders can gain additional context on the volatility level in the market.
The colors used in the Donchian Volatility Indicator - Adaptive Channel Width play a vital role in visualizing the volatility levels:
-- Lime Color : When the channel width is above the signal line, it is colored lime. This color signifies that volatility has entered the market, indicating potentially higher price movements and increased trading opportunities. Traders can pay closer attention to the lime-colored channel width as it may suggest favorable conditions for trend-following or breakout trading strategies.
-- Fuchsia Color : When the channel width is below the signal line, it is colored fuchsia. This color represents relatively low volatility, suggesting a calmer market environment with potentially fewer trading opportunities. Traders may consider adjusting their strategies during periods of low volatility, such as employing range-bound or mean-reversion strategies.
-- Aqua Color : The signal line is represented by the aqua color. This color allows traders to easily identify the signal line amidst the channel width. The aqua color provides a visual reference for the average channel width and helps traders assess whether the current width is above or below this average.
The Donchian Volatility Indicator - Adaptive Channel Width has several practical applications for traders:
-- Volatility Assessment : Traders can use this indicator to assess the level of volatility in the market. By observing the width of the Donchian channels and comparing it to the signal line, they can determine whether the current volatility is relatively high or low. This information helps traders set appropriate expectations and adjust their trading strategies accordingly.
-- Breakout Trading : Wide channel widths may indicate an increased likelihood of price breakouts. Traders can use the Donchian Volatility Indicator - Adaptive Channel Width to identify potential breakout opportunities. When the channel width exceeds the signal line, it suggests a higher probability of significant price movements, potentially signaling a breakout. Traders may consider entering trades in the direction of the breakout.
-- Risk Management : The indicator can assist in setting appropriate stop-loss levels based on the current volatility. During periods of high volatility (lime-colored channel width), wider stop-loss orders may be warranted to account for larger price swings. Conversely, during periods of low volatility (fuchsia-colored channel width), narrower stop-loss orders may be appropriate to limit risk in a more range-bound market.
While the Donchian Volatility Indicator - Adaptive Channel Width is a valuable tool, it is important to consider its limitations:
-- Lagging Indicator : The indicator relies on historical price data, making it a lagging indicator. It provides insights based on past price movements and may not capture sudden changes or shifts in volatility. Traders should be aware that the indicator may not generate real-time signals and should be used in conjunction with other indicators and analysis tools.
-- False Signals : Like any technical indicator, the Donchian Volatility Indicator - Adaptive Channel Width is not immune to generating false signals. Traders should exercise caution and use additional analysis to confirm the signals generated by the indicator. Considering the broader market context and employing risk management techniques can help mitigate the impact of false signals.
-- Market Conditions : Market conditions can vary, and volatility levels can differ across different assets and timeframes. Traders should adapt their strategies and consider other market factors when interpreting the signals provided by the indicator. It is crucial to avoid relying solely on the indicator and to incorporate a comprehensive analysis of the market environment.
In conclusion, this indicator is a powerful tool for assessing market volatility. By examining the width of the Donchian channels and comparing it to the signal line, traders can gain insights into the level of volatility and adjust their trading strategies accordingly. The color-coded representation of the channel width and signal line allows for easy visualization and interpretation of the volatility dynamics. Traders should utilize this indicator as part of a broader trading approach, incorporating other technical analysis tools and considering market conditions for a comprehensive assessment of market volatility.
Easy Price Action Helper
🎯Easy Price Action Helper
Smart Trader Assistant is your friendly, all-in-one trading companion that makes price action analysis simple and effective. Perfect for both beginners and experienced traders who want clean, professional signals without the complexity.
✨ KEY FEATURES
📊 Market Structure Analysis
Higher Highs (HH) & Lower Lows (LL) detection
Higher Lows (HL) & Lower Highs (LH) identification
Clear trend direction with visual labels
Dynamic support and resistance levels
🎯 Smart Money Concepts
Order Blocks - Institutional buying/selling zones
Fair Value Gaps (FVG) - Price imbalance areas
Supply & Demand Zones - High probability reversal areas
Professional-grade institutional analysis
📈 Price Action Patterns
Engulfing Patterns (Bullish & Bearish)
Pin Bars (Hammer & Shooting Star)
Doji candlesticks
Inside Bars
Breakout Signals with volume confirmation
🕒 Market Sessions
Asian Session (21:00-06:00 UTC) - Yellow background
London Session (07:00-16:00 UTC) - Blue background
New York Session (12:00-21:00 UTC) - Green background
Visual session highlighting for better timing
🎖️ Quality & Confluence System
Quality Score (0-100%) - Signal strength indicator
Confluence Analysis (0-5 points) - Multiple confirmation system
Smart Filtering - Only high-probability setups shown
Customizable quality threshold (60-85%)
📊 Professional Dashboard
Real-time trend status
Current RSI level
Volume analysis
Quality score display
Confluence rating
Active market session
Trade status indicator
🚀 HOW TO USE
Step 1: Add to Chart
Search for "Smart Trader Assistant" in TradingView indicators
Click "Add to Chart"
The indicator will automatically load with default settings
Step 2: Customize Settings
Navigate to Settings and adjust:
📋 Basic Settings:
Swing Length (5-15): Sensitivity for swing points detection
Min Quality % (60-85): Minimum quality score for signals
Risk:Reward (1.5-3.0): Automatic profit target calculation
🎛️ Display Options:
✅ Market Structure: Show HH/HL/LH/LL labels
✅ Patterns: Display price action patterns
✅ Breakouts: Show volume-confirmed breakouts
✅ Supply/Demand: Highlight S&D zones
✅ Order Blocks: Show institutional levels
✅ Fair Value Gaps: Display FVG boxes
✅ Sessions: Color-code market sessions
Step 3: Read the Signals
🟢 LONG SIGNALS:
Green Triangle appears below candle
Label shows: Pattern name + Quality score
Blue line: Entry level
Red dashed line: Stop loss
Green line: Take profit target
🔴 SHORT SIGNALS:
Red Triangle appears above candle
Label shows: Pattern name + Quality score
Blue line: Entry level
Green dashed line: Stop loss
Red line: Take profit target
Step 4: Use the Dashboard
The top-right dashboard shows:
Trend: Current market direction
RSI: Momentum indicator (0-100)
Volume: Current vs average volume
Quality: Signal strength percentage
Confluence: Confirmation level (0-5)
Session: Active trading session
Status: LONG/SHORT/WAIT
💡 TRADING TIPS
🎯 Best Practices:
Wait for high-quality signals (70%+ quality score)
Look for 3+ confluence points
Trade during London/NY sessions for better volume
Respect all support/resistance levels
Use proper risk management (1-2% risk per trade)
⚠️ Risk Management:
Always use stop losses (automatically calculated)
Don't risk more than 2% per trade
Wait for quality confirmations
Avoid trading during low-volume sessions
Use 1:2 minimum risk/reward ratio
📚 Pattern Guide:
ENGULF: Strong reversal pattern, high probability
PIN: Rejection at key levels, good for reversals
HAMMER: Bullish reversal at support areas
STAR: Bearish reversal at resistance areas
🔧 TECHNICAL SPECIFICATIONS
Pine Script Version: v5
Chart Type: Overlay indicator
Max Elements: 30 boxes, 30 labels, 30 lines
Timeframes: Works on all timeframes
Markets: Forex, Crypto, Stocks, Indices, Commodities
📱 COMPATIBILITY
✅ Desktop TradingView
✅ Mobile TradingView App
✅ Tablet TradingView
✅ All subscription levels
✅ All market types
🏆 PERFECT FOR:
👨💼 Professional Traders: Advanced institutional concepts
👩🎓 Beginners: Simple, clear signals with explanations
⏰ Busy Traders: All-in-one solution, no complex setup
📊 Scalpers: Works on lower timeframes
📈 Swing Traders: Perfect for H4/Daily analysis
💱 Forex Traders: Session-aware trading
₿ Crypto Traders: 24/7 market analysis
📈 VERSION HISTORY
v1.0 (June 2025):
Initial release
Core price action features
Market structure analysis
Quality & confluence system
Professional dashboard
Making trading simple, one chart at a time ❤️
📝 DISCLAIMER
This indicator is for educational and informational purposes only. Trading involves risk and you should never trade with money you cannot afford to lose. Past performance does not guarantee future results. Always do your own research and consider consulting with a financial advisor before making trading decisions.
Inside/Multiple Inside Bars Detector by Yasser R.01Multiple Inside Bars Trading System
Detects multiple inside bar patterns with visual alerts, breakout signals, and risk management levels (1:2 RR ratio). Identifies high-probability trading setups.
This indicator scans for consecutive inside bar patterns (2+ bars forming within a 'mother bar'), which often precede strong breakouts. When detected, it:
1. Draws clear reference lines showing the mother bar's high/low
2. Alerts when price breaks either level
3. Automatically calculates 1:2 risk-reward stop loss and take profit levels
4. Displays entry points with trade details
Ideal for swing traders, the system helps identify consolidation periods before potential trend continuations. Works best on 4H/Daily timeframes.
#InsideBars #BreakoutTrading #RiskManagement #SwingTrading #PriceAction
Professional-grade inside bar detector that:
✅ Identifies single AND multiple inside bar setups
✅ Provides clean visual references (lines/labels)
✅ Generates breakout signals with calculated RR levels
✅ Self-cleaning - removes old setups automatically
Use alongside trend analysis for best results. Customizable in Settings.
Inside/Multiple Inside Bars Detector by Yasser R.01Multiple Inside Bars Trading System
Detects multiple inside bar patterns with visual alerts, breakout signals, and risk management levels (1:2 RR ratio). Identifies high-probability trading setups.
This indicator scans for consecutive inside bar patterns (2+ bars forming within a 'mother bar'), which often precede strong breakouts. When detected, it:
1. Draws clear reference lines showing the mother bar's high/low
2. Alerts when price breaks either level
3. Automatically calculates 1:2 risk-reward stop loss and take profit levels
4. Displays entry points with trade details
Ideal for swing traders, the system helps identify consolidation periods before potential trend continuations. Works best on 4H/Daily timeframes.
#InsideBars #BreakoutTrading #RiskManagement #SwingTrading #PriceAction
Professional-grade inside bar detector that:
✅ Identifies single AND multiple inside bar setups
✅ Provides clean visual references (lines/labels)
✅ Generates breakout signals with calculated RR levels
✅ Self-cleaning - removes old setups automatically
Use alongside trend analysis for best results. Customizable in Settings.
Squeeze Pro Momentum BAR color - KLTDescription:
The Squeeze Pro Momentum indicator is a powerful tool designed to detect volatility compression ("squeeze" zones) and visualize momentum shifts using a refined color-based system. This script blends the well-known concepts of Bollinger Bands and Keltner Channels with an optimized momentum engine that uses dynamic color gradients to reflect trend strength, direction, and volatility.
It’s built for traders who want early warning of potential breakouts and clearer insight into underlying market momentum.
🔍 How It Works:
📉 Squeeze Detection:
This indicator identifies "squeeze" conditions by comparing Bollinger Bands and Keltner Channels:
When Bollinger Bands are inside Keltner Channels → Squeeze is ON
When Bollinger Bands expand outside Keltner Channels → Squeeze is OFF
You’ll see squeeze zones classified as:
Wide
Normal
Narrow
Each represents varying levels of compression and breakout potential.
⚡ Momentum Engine:
Momentum is calculated using linear regression of the price's deviation from a dynamic average of highs, lows, and closes. This gives a more accurate representation of directional pressure in the market.
🧠 Smart Candle Coloring (Optimized):
The momentum color logic is inspired by machine learning principles (no hardcoded thresholds):
EMA smoothing and rate of change (ROC) are used to detect momentum acceleration.
ATR-based filters help remove noise and false signals.
Colors are dynamically assigned based on both direction and trend strength.
🧪 How to Use It:
Look for Squeeze Conditions — especially narrow squeezes, which tend to precede high-momentum breakouts.
Confirm with Momentum Color — strong colors often indicate trend continuation; fading colors may signal exhaustion.
Combine with Price Action — use this tool with support/resistance or patterns for higher probability setups.
Recommended For:
Trend Traders
Breakout Traders
Volatility Strategy Users
Anyone who wants visual clarity on trend strength
📌 Tip: This indicator works great when layered with volume and price action patterns. It is fully non-repainting and supports overlay on price charts.
Fixed Time Window High & LowUnlock the power of trading the first hour’s price action with this dynamic indicator by Ats9 that automatically plots the High and Low of any fixed time window you choose—typically the crucial first 60 minutes after the market opens.
What It Does:
Calculates and draws clean, bold horizontal lines representing the session high and low during your specified time range
Extends these lines well beyond the session, so you always have clear breakout and support/resistance levels visible throughout the day
Fully customizable session times, colors, and labels to fit your trading style
Developed by ATS9, designed for traders who value precision and clarity in breakout levels
Why It Works:
The initial fixed time window often represents where major players establish their early bias. Breakouts above or below these levels often lead to strong momentum moves, giving you a defined edge to catch the market’s direction early.
How I Trade It:
Observe the first hour: Let the market build its initial range
Wait for decisive breakout: When price breaks above the session high or below the session low, enter in the breakout direction
Ride momentum: Hold the trade throughout the day, using the extended lines as reference points for support, resistance, and exits
Trade both sides: Be ready to go long or short depending on which level breaks first
This approach harnesses intraday volatility and institutional activity to keep you in the flow of the market — perfect for day traders seeking clear, actionable signals with minimal guesswork.
Features:
✅ Customizable session time and timezone
✅ Adjustable line colors and widths
✅ Price labels at breakout levels
✅ Lines span session range and extend to end of chart
✅ Lightweight and efficient — no lag
Start trading the fixed time window breakout with confidence and clarity. Add this indicator to your chart and never miss a key intraday breakout again!
Triple Bollinger [SimpleTrade]Triple Bollinger Bands
Visualize the market in phases—from “Normal Volatility Zone” to “Extreme Movement Zone”—by displaying the 1σ, 2σ, and 3σ bands all at once.
Quickly identify bounce or breakout reactions when price touches the bands, thanks to distinct coloring.
Detect periods of band narrowing (“squeezes”) to anticipate potential strong price breakouts.
• Configure buy/sell alerts on 2σ breakouts
• Overlay higher-timeframe bands in a multi-timeframe view to monitor both broader trend and short-term pressure
• Adjust standard-deviation (σ) levels, look-back period (Length), and Offset
• Toggle band colors, line thickness, and visibility in the Style tab
Shooting Star ORB🧠 Indicator Name: "First Candle Shooting Star + ORB"
📌 Purpose
This indicator detects when the first candle of the day forms a Shooting Star pattern and then monitors for a breakout beyond its range. It visually marks the pattern and the breakout with boxes and provides real-time alerts and a status table.
🔍 What It Does Step-by-Step
1. 📅 Detects the Start of a New Trading Day
Uses ta.change(time("D")) to identify a new trading day.
When a new day starts, it checks if the very first candle of the session is a Shooting Star.
2. 🕯️ Identifies a Shooting Star Pattern
A candle is labeled a Shooting Star if:
It has a small body compared to the full candle range.
It has a long upper shadow at least 2× the body.
It has a short or tiny lower shadow.
All these criteria are adjustable through inputs.
3. 📦 Draws a Box for the First Candle Range
If a Shooting Star is found in the first candle of the day:
It draws a red shaded box covering the high and low of that candle.
The box visually marks the potential Opening Range.
4. 💥 Detects Breakout from Shooting Star Candle
After the first candle:
If price moves above or below the range by a specified % (like 1%), it flags a breakout.
A blue shaded box is drawn at the breakout candle for visual confirmation.
5. 🔔 Alerts
🔴 Shooting Star Detected: Alerts when the first candle is a shooting star.
🔵 Breakout Detected: Alerts when the price breaks out of the first candle’s range.
6. 📊 Displays Real-Time Info Table
A small table is shown on the chart:
🕯️ Pattern: “Shooting Star” or blank
💥 Breakout: “Yes” or “No”
⏱️ The timeframe being analyzed (e.g., “5” for 5-minute)
Regression Channel (Interactive)Weighted Interactive Regression Channel (WIRC)
Overview
The Weighted Interactive Regression Channel improves on traditional regression channels by emphasizing key price points through intelligent weighting. Instead of treating all candles equally, WIRC adapts to market dynamics for better trend detection and channel accuracy.
Key Differences from Standard Channels
Weighted vs. Equal: Prioritizes significant events over uniform weighting
Dynamic vs. Static: Adapts in real time to market changes
Accurate vs. Basic: Reduces noise, enhances signal clarity
Customizable vs. Fixed: Full control over weights and visuals
Weighting Methods
Direction Change – Highlights reversal points via local peaks/troughs
Volume-Based – Emphasizes high-volume candles, ideal for breakouts
Price Range – Weights wide-range candles to capture volatility
Time Decay – Prioritizes recent data for current market relevance
Interactive Features
Data Range: Set channel start/end over 1–500 bars
Visuals: Line styles, color coding, fill options, reference lines
Stats: Slope, R², standard deviation, point count, weight method
Technical Implementation
Weighted Regression Formula: Uses weights for slope, intercept, and deviation
Channel Lines: Center = weighted regression; bounds = ± deviation × multiplier
Usage Scenarios
Trend Analysis: Use Direction Change + longer range
Breakouts: Use Volume weighting + fill + boundary watching
Volatility: Apply Price Range weighting + monitor standard deviation
Current Market: Use Time Decay + shorter ranges + stat display
Parameter Tips
Channel Width:
Narrow (1.0–1.5): Responsive
Standard (1.5–2.0): Balanced
Wide (2.0–3.0+): Conservative
Weighting Intensity:
Conservative (1.5–2.0)
Moderate (2.0–3.0)
Aggressive (3.0+)
Advanced Use
Multi-Timeframe: Use different weightings per timeframe
Market Structure: Detect swings, institutional zones
Risk Management: Dynamic S/R levels, volatility-driven sizing
Best Practices
Start with Direction Change
Test different ranges
Monitor stats
Combine with other indicators
Adjust to market context
Recalibrate regularly
Conclusion
WIRC delivers a smarter, more adaptive view of price action than standard regression tools. With real-time customization and multiple weighting options, it’s ideal for traders seeking precision across strategies—trend tracking, breakout confirmation, or volatility insight.
CandelaCharts - Turtle Soup Model📝 Overview
The ICT Turtle Soup Model indicator is a precision-engineered tool designed to identify high-probability reversal setups based on ICT’s renowned Turtle Soup strategy.
The Turtle Soup Model is a classic reversal setup that exploits false breakouts beyond previous swing highs or lows. It targets areas where retail traders are trapped into breakout trades, only for the price to reverse sharply in the opposite direction.
Price briefly breaks a previous high (for short setups) or low (for long setups), triggering stop orders and pulling in breakout traders. Once that liquidity is taken, smart money reverses price back inside the range, creating a high-probability fade setup.
📦 Features
Liquidity Levels: Projects forward-looking liquidity levels after a Turtle Soup model is formed, highlighting potential price targets. These projected zones act as magnet levels—areas where price is likely to reach based on the liquidity draw narrative. This allows traders to manage exits and partials with more precision.
Market Structure Shift (MSS): Confirms reversal strength by detecting a bullish or bearish MSS after a sweep. Acts as a secondary confirmation to filter out weak setups.
Custom TF Pairing: Choose your own combination of entry timeframe and context timeframe. For example, trade 5m setups inside a 1h HTF bias — perfect for aligning microstructure with macro intent.
HTF & LTF PD Arrays: Displays HTF PD Arrays (e.g., Fair Value Gaps, Inversion Fair Value Gaps) to serve as confluence zones.
History: Review and backtest past Turtle Soup setups directly on the chart. Toggle historical models on/off to study model behavior across different market conditions.
Killzone Filter: Limit signals to specific trading sessions or time blocks (e.g., New York AM, London, Asia, etc). Avoid signals in low-liquidity or choppy environments.
Standard Deviation: Calculates and projects four levels of standard deviation from the point of model confirmation. These zones help identify overextended moves, mean-reversion opportunities, and confluence with liquidity or PD arrays.
Dashboard: The dashboard displays the active model type, remaining time of the HTF candle, current bias, asset name, and date—providing real-time context and signal clarity at a glance.
⚙️ Settings
Core
Status: Filter models based on status
Bias: Controls what model type will be displayed, bullish or bearish
Fractal: Controls the timeframe pairing that will be used
High Probability Models: Detects and plots only the high-probability models
Sweeps
Sweep: Shows the sweep that forms a model
I-sweep: Controls the visibility of invalidated sweeps
D-purge: Plots the double purge sweeps
S-area: Highlights the sweep area
Liquidity
Liquidity: Displays the liquidity levels that belong to the model
MSS
MSS: Displays the Market Structure Shift for a model
History
History: Controls the number of past models displayed on the chart
Filters
Asia: Filter models based on Asia Killzone hours
London: Filter models based on London Killzone hours
NY AM: Filter models based on NY AM Killzone hours
NY Launch: Filter models based on NY Launch Killzone hours
NY PM: Filter models based on NY PM Killzone hours
Custom: Filter models based on user Custom hours
HTF
Candles: Controls the number of HTF candles that will be visible on the chart
Candles T: Displays the model’s third timeframe candle, which serves as a confirmation of directional bias
NY Open: Display True Day Open line
Offset: Controls the distance of HTF from the current chart
Space: Controls the space between HTF candles
Size: Controls the size of HTF candles
PD Array: Displays ICT PD Arrays
CE Line: Style the equilibrium line of PD Array
Border: Style the border of the PD Array
LTF
H/L Line: Displays on the LTF chart the High and Low of each HTF candle
O/C Line: Displays on the LTF chart the Open and Close of each HTF candle
PD Array: Displays ICT PD Arrays
CE Line: Style the equilibrium line of PD Array
Border: Style the border of the PD Array
Standard Deviation
StDev: Controls standard deviation of available levels
Labels: Controls the size of standard deviation levels
Lines: Controls the line widths and color of standard deviation levels
Dashboard
Panel: Display information about the current model
💡 Framework
The Turtle Soup Model is designed to detect and interpret false breakout patterns by analyzing key price action components, each playing a vital role in identifying liquidity traps and generating actionable reversal signals.
The model incorporates the following timeframe pairing:
15s - 5m - 15m
1m - 5m - 1H
2m - 15m - 2H
3m - 30m - 3H
5m - 60m - 4H
15m - 1H - 8H
30m - 3H - 12H
1H - 4H - 1D
4H - 1D - 1W
1D - 1W - 1M
1W - 1M - 6M
1M - 6M - 12M
Below are the key components that make up the model:
Sweep
D-purge
MSS
Liquidity
Standard Deviation
HTF & LTF PD Arrays
The Turtle Soup Model operates through a defined lifecycle that identifies its current state and determines the validity of a trade opportunity.
The model's lifecycle includes the following statuses:
Formation (grey)
Invalidation (red)
Pre-Invalidation (purple)
Success (green)
By incorporating the phases of Formation, Invalidation, and Success, traders can effectively manage risk, optimize position handling, and capitalize on the high-probability opportunities presented by the Turtle Soup Model.
⚡️ Showcase
Introducing the Turtle Soup Model — a powerful trading tool engineered to detect high-probability false breakout reversals. This indicator helps you pinpoint liquidity sweeps, confirm market structure shifts, and identify precise entry and exit points, enabling more confident, informed, and timely trading decisions.
LTF PD Array
LTF PD Arrays are essential for model formation—a valid Turtle Soup setup will only trigger if a qualifying LTF PD Array is present near the sweep zone.
HTF PD Array
HTF PD Arrays provide macro-level context and are used to validate the direction and strength of the potential reversal.
Timeframe Alignment
In the Turtle Soup trading model, timeframe alignment is an essential structural component. The model relies on multi-timeframe context to identify high-probability reversal setups based on failed breakouts.
High-Probability Model
A high-probability setup forms when key elements align: a Sweep, Market Structure Shift (MSS), LTF and HTF PD Arrays.
Killzone Filters
Filter Turtle Soup Models based on key market sessions: Asia, London, New York AM, New York Launch, and New York PM . This allows you to focus on high-liquidity periods where smart money activity is most likely to occur, improving both the quality and timing of your trade setups.
Unlock your trading edge with the Turtle Soup Model — your go-to tool for sharper insights, smarter decisions, and more confident execution in the markets.
🚨 Alerts
This script offers alert options for all model types. The alerts need to be set up manually from TradingView.
Bearish Model
A bearish model alert is triggered when a model forms, signaling a high sweep, MS,S and LTF PD Array.
Bullish Model
A bullish model alert is triggered when a model forms, signaling a low sweep, MSS and LTF PD Array.
⚠️ Disclaimer
These tools are exclusively available on the TradingView platform.
Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.
By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.
We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.
By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
Base Detector Pro [AletheiaTradeLab]This custom Trading View indicator combines William O’Neal “Base” patterns with several complementary tools—David Ryan’s ANT indicator, key pivot‐based price levels, index and earnings lines, relative strength (RS) line, and moving averages—to help you pinpoint base formations and validate whether each one merits a trade.
1. Bases (William O'Neal)
A “base” is simply a period of price consolidation following a significant run-up. During this phase, a stock moves mostly sideways within a defined trading range, forming clear support and resistance lines.
Key Criteria for a Valid Base
- Prior Uptrend
Before a base begins, the stock should already have a healthy advance—typically at least a 30% gain.
- Shapes of Bases
Bases can form in several distinct geometric patterns, each signaling a different kind of consolidation and potential breakout:
Flat Base
Shape : A horizontal rectangle bounded by nearly parallel support (bottom) and resistance (top) trendlines.
Minimum Length : 5 weeks
Maximum Length : 65 weeks
Depth : < 15%
Pivot Point : Left-side high of base
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Cup Base
Shape : A smooth, rounded “U” curve.
Minimum Length : 6 weeks
Maximum Length : 65 weeks
Minimum Depth : 8%
Maximum Depth : 50%
Pivot Point : Left-side high of base
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Sauce Base
Shape : A very gradual, broad “U” curve, often taking more length than cup bases.
Minimum Length : 6 weeks
Maximum Length : 65 weeks
Minimum Depth : 8%
Maximum Depth : 50%
Pivot Point : Left-side high of base
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Cup with Handle Base
Shape : A “U”‐shaped cup followed by a smaller downward-sloping flag or channel (the handle).
Minimum Length : 6 weeks
Maximum Length : 65 weeks
Minimum Depth : 8%
Maximum Depth : 50%
Pivot Point : High of the handle
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Saucer with Handle Base
Shape : Similar to cup with handle, but cup looks like the saucer base.
Minimum Length : 6 weeks
Maximum Length : 65 weeks
Minimum Depth : 8%
Maximum Depth : 50%
Pivot Point : High of the handle
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Ascending Base
Shape : An upward-sloping channel or wedge with 3 pullbacks. Each pullback low should be higher than the previous one. It needs around 20% increase from a base to the other.
Minimum Length : 8 weeks
Maximum Length : 16 weeks
Minimum Depth : 8%
Maximum Depth : 50%
Pivot Point : Left-side high of third base
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Consolidation Base
Shape : Similar to flat base, but wider and fails to form any of the above bases.
Minimum Length : 8 weeks
Maximum Length : 16 weeks
Minimum Depth : 8%
Maximum Depth : 50%
Pivot Point : Left-side high of base
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- Base Stages
Once a stock has completed its initial 30% run-up and formed its first base, that pattern is labeled Stage 1.
After a breakout from Stage N, the stock must rally at least 20% above the Stage N pivot (the base’s resistance point). If it does, the next valid base becomes Stage N + 1.
When a breakout fails to advance at least 20% a base on base forms. This is considered an extension for the current base stage, and a letter is assigned after the stage number.
When a breakout fails and the price undercuts the low for the previous base, the base stages reset, and a rally of 30% will be needed to form a new stage 1 base.
Note that for IPO stocks, a 30% increase is not required to form the first base. As soon as it meets any of the shape of any of the available bases, it will be drawn.
- Base statistics
To help you determine how healthy is a base, some statistics are available when you hover on the small dot shown above the high-left side of each base.
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Base : The specific pattern type (Flat, Cup, Sauce, etc.).
Stage : The stage number of the base (1, 2, 3 …) and, in parentheses, how many distinct bases have formed since the very first base (including base-on-base like 1a, 1b, etc.).
Pivot : The resistance level that defines the top of the base. A close above this price often signals a valid breakout and a potential entry point.
Length : The number of bars (days on a daily chart; weeks on a weekly chart) between the start of the base and the bar immediately before breakout. (The initial bar and the breakout bar themselves are not counted.)
Depth : How far, in percentage terms, the low of the base has fallen below its left-side high.
Prior Uptrend : The percent gain from the pivot of the previous base up to the start of the current base.
Blue/Red Count : The number of up days (Blue) and down days (Red) during the base where volume was above the 50-period moving average.
Price % : The percent change from the close at the end of the base to the close at the breakout bar.
Volume % : The percent difference between the volume on the breakout bar and the 50-period average volume at the end of the base.
2. ANT Indicator (David Ryan)
The ANT indicator, developed by David Ryan, is a momentum-based signal used to identify high-potential breakout candidates during a stock’s run-up phase. It complements the base patterns by flagging moments of unusually strong price and volume activity within an uptrend, helping confirm emerging strength before or during a base formation.
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3. Key Price Levels (Pivots)
Plots recent pivot-based support and resistance levels.
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4. Index Line Overlay
Overlays a chosen index (e.g. SPX) on the top portion of the chart to compare relative performance.
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5. Relative Strength (RS) Line
Plots the price ratio of the symbol vs. an index (e.g. SPX) to identify outperformance.
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6. Moving Averages (SMA & RS-MA)
Allows up to four simple (or exponential) moving averages on price (daily/weekly) and three on the RS line.
7. Earnings Line & EPS Change
Marks earnings events on daily/weekly charts and optionally plots YoY EPS change in a lower portion of the chart. The earnings line also shows a projection to estimated earnings. To maintain alignment with the price chart, the line and YoY EPS data are limited to the most recent 28 quarters on weekly charts and 8 quarters on daily charts. For analyzing older data, you can use the replay feature.
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8. Bars
Since Trading View displays very thin bars when zoomed out, I added 2-pixel-wide vertical lines over the bars to make them easier to see.
9. Dark Theme
I added this for a quick workaround to adapt colors for dark theme. Enabling this overrides any custom settings. Uncheck to customize colors.
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Key Recent Highs and LowsKey Recent Highs & Lows — Session‐Aware Market Structure
TL;DR
This tool plots the most important intraday price extremes for every U.S.‑equity trading segment—Early Premarket • Western Premarket • Regular Hours • Post‑Market Hours • Yesterday’s Range—and labels them so you can trade break‑outs, retests and mean‑reversion with instant context.
📐 Theory & Why These Levels Matter
Liquidity Pools
Visible session extremes attract resting orders (stop‑losses, take‑profits, opening prints). Price often accelerates into them and reacts at them.
Market Memory
The previous day’s high/low is a widely‑watched pivot for gap fills, overnight inventory corrections and multi‑day breakouts.
Mean‑Reversion Windows
Statistically, pre‑ and post‑market ranges are thin; an aggressive spike outside those bands often retraces when full liquidity returns.
Break‑Out Confirmation
A true breakout isn’t just a tick above RTH‑high—it usually closes or at least consolidates above the prior extreme. Seeing all bands lets you gauge whether a push is “real” or just probing thinner sessions.
Put simply, these levels help you decide:
Break‑out ➜ trade in the direction of expansion past a session extreme with follow‑through.
Fade/Mean‑Revert ➜ fade a spike that tags an extreme without commitment (e.g., hits Western‑Premkt‑High then stalls before RTH).
🔍 What the Script Draws
Session (UTC‑4 EST) Default Color / Style Typical Use‑Case
Early Premarket 4 – 7 AM Thick semi‑transparent orange line detect overnight retail spikes / fade plays
Western Premarket 7 – 9 : 30 AM Dashed orange‑red breakout watch as U.S. brokers open
Regular Session (RTH) 9 : 30 – 16 : 00 Bold teal dotted line core intraday structure; classic highs/lows
Post‑Market 16 – 23 : 59 Soft indigo band after‑hours news moves, earnings fades
Previous‑Day RTH Solid teal gap‑fill targets, trend continuation filters
(All colors, thicknesses and transparencies are editable in the settings.)
✨ Features
Real‑Time Updates
Levels refresh tick‑by‑tick inside their own session—no repainting later.
One‑Click Visibility Toggles
Show or hide any session extreme independently.
Clean Auto‑Labels
Optional right‑edge tags (“RTH High”, “Premkt Low”, etc.) keep your chart readable even when lines overlap.
Automatic Daily Reset
At midnight Eastern, buffers clear and yesterday’s extremes roll into the “Prev‑Day” pair.
Zero‑Noise Design
Transparencies and line styles are tuned so you can overlay on any symbol / timeframe without drowning candles.
📈 How to Trade with It
Intraday Breakout Strategy
Mark confluence (e.g., price pushes through Western Premkt High and Yesterday’s High).
Wait for a pullback that holds above the reclaimed band.
Enter with stop under that session line; target next band or measured‑move.
Fade / Mean‑Reversion
Pre‑market headline sends price 5 % above Early Premkt High.
Volume dries up before RTH open.
Short into exhaustion; cover near Western Premkt High or VWAP.
Gap‑Fill & Trend Days
Cash open gaps above Prev‑Day High.
If first 15‑min candle closes back inside yesterday’s range, bias shifts to downside fade.
If it holds above, treat gap as breakout and track RTH High extensions.
Pair it with volume‑profile, VWAP, or momentum oscillators for even higher‑confidence setups.
⚙️ Settings Cheat‑Sheet
Setting Effect
Show Regular / Premarket / Post‑market High/Low Master visibility per session
Show Previous Day High/Low Toggle yesterday’s anchor range
Show Session Labels Turn the right‑edge tags on/off
Style Panel Change each line’s color, width, transparency, dash/dot
🛠️ Best Practices
Works on any intraday timeframe (1‑min to 1‑hour).
Crypto or 24 h markets: adjust session times to match your exchange.
Combine with alerts (e.g., “price crossing RTH High”) for hands‑free monitoring.
Put KRHL on your chart and you’ll never wonder which high matters most again—because they’re all right there, clearly labeled and color‑coded. Trade breakouts or fades with confidence, armed with the exact market structure everyone else is watching.
SMA PLOTS & ANCHORED VWAP & CONSOLIDATION FINDERHi traders,
SMA Plots, Anchored VWAP & Consolidation Finder
This Pine Script indicator combines multiple technical analysis tools to provide traders with a comprehensive view of price trends, volume-weighted price levels, and consolidation periods. It includes Simple Moving Averages (SMAs) for daily and chart timeframes, an Anchored Volume-Weighted Average Price (VWAP) with standard deviation bands, and a consolidation detection system based on Bollinger Bands (BB), Average True Range (ATR), and Relative Strength Index (RSI). Designed for versatility, it caters to both trend-following and range-bound trading strategies.
Indicators and Logic
Simple Moving Averages (SMAs):
Daily SMAs: 50-period and 200-period SMAs are calculated on the daily timeframe, plotted on the chart for trend identification. These are ideal for long-term trend analysis, with the 50-SMA acting as a short-term trend indicator and the 200-SMA as a long-term trend indicator.
Chart SMAs: 50-period and 200-period SMAs are calculated on the current chart timeframe, offering flexibility for intraday or swing trading. These are toggleable and disabled by default to reduce chart clutter.
Labeling: Customizable labels for SMA lines and their values (toggleable) provide clear visual cues, showing the exact price levels of the SMAs on the chart.
Anchored VWAP with Standard Deviation Bands:
The VWAP is anchored to a user-defined date (default: March 20, 2020), calculating the volume-weighted average price from that point. It serves as a dynamic support/resistance level, reflecting the average price traders have paid.
Three standard deviation bands (1σ, 2σ, 3σ) are plotted around the VWAP, helping identify overbought/oversold conditions or potential breakout zones. These bands are toggleable for user convenience.
A 1-period EMA is included (toggleable, disabled by default) for traders who prefer a fast-moving average for short-term price tracking.
Consolidation Detection:
The consolidation finder uses three indicators to identify low-volatility periods, which often precede breakouts:
Bollinger Bands (BB): Measures price range tightness using the BB width (upper band - lower band / SMA). A low BB width (< user-defined threshold) indicates consolidation.
ATR (Average True Range): Assesses volatility as a percentage of the closing price. A low ATR % (< user-defined threshold) confirms reduced market activity.
RSI (Relative Strength Index): A low RSI (< user-defined threshold) suggests weak momentum, typical of consolidation phases.
Two consolidation signals are generated:
New Signal: Detects consolidation if at least a user-defined number of bars (default: 3) within a lookback period (default: 10) meet the criteria.
Standard Signal: Detects instant consolidation based on the current bar’s conditions.
A dynamic table displays historical data (min/max/average) for BB width, ATR %, and RSI within a user-defined date range, aiding in parameter optimization.
Trading Strategies
Trend-Following with SMAs:
Use the 50/200 SMA crossover on the daily timeframe to identify bullish (50 > 200) or bearish (50 < 200) trends.
On the chart timeframe, enable the 50/200 SMAs for shorter-term trend confirmation, aligning trades with the dominant trend.
Example: Enter long positions when the price is above both SMAs and short positions when below, using SMA value labels to confirm price proximity.
Mean-Reversion with Anchored VWAP:
Treat the VWAP as a mean price level. Enter long trades when the price dips to the lower 1σ/2σ bands and short trades when it rises to the upper 1σ/2σ bands, expecting a reversion to the VWAP.
Use the 3σ bands to identify extreme conditions for potential breakout or reversal trades.
Example: If the price touches the lower 2σ band and the RSI is oversold, consider a long trade targeting the VWAP.
Breakout Trading with Consolidation Detection:
Monitor the consolidation signals (new or standard) to identify low-volatility periods. These often precede significant price movements.
Enter breakout trades when the price breaks above/below key levels (e.g., VWAP, SMA, or BB bands) after a consolidation signal.
Example: If the “New Signal” is active and the price breaks above the VWAP with increasing volume, initiate a long trade targeting the upper BB band.
User-Friendly Features
Customizable Inputs: Users can adjust SMA lengths, VWAP anchor date, band multipliers, and consolidation thresholds to suit their trading style.
Toggleable Plots and Labels: Enable/disable SMAs, VWAP bands, EMA, and labels to declutter the chart and focus on relevant data.
Dynamic Table: Displays historical BB width, ATR %, and RSI metrics for the selected date range, helping users fine-tune parameters.
Alert Conditions: Two alert conditions (new and standard consolidation signals) allow users to set notifications for trading opportunities.
Visual Clarity: Color-coded plots (green for bullish, red for bearish) and clear labels enhance readability and decision-making.
How to Use
Add the indicator to your chart and adjust input parameters (e.g., SMA lengths, VWAP anchor date, consolidation thresholds) based on your trading preferences.
Enable/disable plots and labels to customize the chart display.
Monitor the dynamic table for historical data to optimize consolidation detection settings.
Set alerts for consolidation signals to stay informed of potential trading opportunities.
Combine SMA trends, VWAP levels, and consolidation signals to develop a robust trading strategy.
Notes
This indicator is best used in conjunction with other technical/fundamental analysis to confirm signals.
Backtest any strategy thoroughly before live trading, as past performance does not guarantee future results.
The default settings are optimized for general use but may require adjustment for specific markets or timeframes.
Disclaimer
This script is provided for educational purposes and should not be considered financial advice. Always conduct your own research and consult a financial advisor before trading.
Multiple (12) Strong Buy/Sell Signals + Momentum
Indicator Manual: "Multiple (12) Strong Buy/Sell Signals + Momentum"
This indicator is designed to identify strong buy and sell signals based on 12 configurable conditions, which include a variety of technical analysis methods such as trend-following indicators, pattern recognition, volume analysis, and momentum oscillators. It allows for customizable alerts and visual cues on the chart. The indicator helps traders spot potential entry and exit points by displaying buy and sell signals based on the selected conditions.
Key Observations:
• The script integrates multiple indicators and pattern recognition methods to provide comprehensive buy/sell signals.
• Trend-based indicators like EMAs and MACD are combined with pattern recognition (flags, triangles) and momentum-based signals (RSI, ADX, and volume analysis).
• User customization is a core feature, allowing adjustments to the conditions and thresholds for more tailored signals.
• The script is designed to be responsive to market conditions, with multiple conditions filtering out noise to generate reliable signals.
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Key Features:
1. 12 Combined Buy/Sell Signal Conditions: This indicator incorporates a diverse set of conditions based on trend analysis, momentum, and price patterns.
2. Minimum Conditions Input: You can adjust the threshold of conditions that need to be met for the buy/sell signals to appear.
3. Alert Customization: Set alert thresholds for both buy and sell signals.
4. Dynamic Visualization: Buy and sell signals are shown as triangles on the chart, with momentum signals highlighted as circles.
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Detailed Description of the 12 Conditions:
1. Exponential Moving Averages (EMA):
o Conditions: The indicator uses EMAs with periods 3, 8, and 13 for quick trend-following signals.
o Bullish Signal: EMA3 > EMA8 > EMA13 (Bullish stack).
o Bearish Signal: EMA3 < EMA8 < EMA13 (Bearish stack).
o Reversal Signal: The crossing over or under of these EMAs can signify trend reversals.
2. MACD (Moving Average Convergence Divergence):
o Fast MACD (2, 7, 3) is used to confirm trends quickly.
o Bullish Signal: When the MACD line crosses above the signal line.
o Bearish Signal: When the MACD line crosses below the signal line.
3. Donchian Channel:
o Tracks the highest high and lowest low over a given period (default 20).
o Breakout Signal: Price breaking above the upper band is bullish; breaking below the lower band is bearish.
4. VWAP (Volume-Weighted Average Price):
o Above VWAP: Bullish condition (price above VWAP).
o Below VWAP: Bearish condition (price below VWAP).
5. EMA Stacking & Reversal:
o Tracks the order of EMAs (3, 8, 13) to confirm strong trends and reversals.
o Bullish Reversal: EMA3 < EMA8 < EMA13 followed by a crossing to bullish.
o Bearish Reversal: EMA3 > EMA8 > EMA13 followed by a crossing to bearish.
6. Bull/Bear Flags:
o Bull Flag: Characterized by a strong price movement (flagpole) followed by a pullback and breakout.
o Bear Flag: Similar to Bull Flag but in the opposite direction.
7. Triangle Patterns (Ascending and Descending):
o Detects ascending and descending triangles using pivot highs and lows.
o Ascending Triangle: Higher lows and flat resistance.
o Descending Triangle: Lower highs and flat support.
8. Volume Sensitivity:
o Identifies price moves with significant volume increases.
o High Volume: When current volume is significantly above the moving average volume (set to 1.2x of the average).
9. Momentum Indicators:
o RSI (Relative Strength Index): Confirms overbought and oversold levels with thresholds set at 65 (overbought) and 35 (oversold).
o ADX (Average Directional Index): Confirms strong trends when ADX > 28.
o Momentum Up: Momentum is upward with strong volume and bullish RSI/ADX conditions.
o Momentum Down: Momentum is downward with strong volume and bearish RSI/ADX conditions.
10. Bollinger & Keltner Squeeze:
o Squeeze Condition: A contraction in both Bollinger Bands and Keltner Channels indicates low volatility, signaling a potential breakout.
o Squeeze Breakout: Price breaking above or below the squeeze bands.
11. 3 Consecutive Candles Condition:
o Bullish: Price rises for three consecutive candles with higher highs and lows.
o Bearish: Price falls for three consecutive candles with lower highs and lows.
12. Williams %R and Stochastic RSI:
o Williams %R: A momentum oscillator with signals when the line crosses certain levels.
o Stochastic RSI: Provides overbought/oversold levels with smoother signals.
o Combined Signals: You can choose whether to require both WPR and StochRSI to signal a buy/sell.
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User Inputs (Inputs Tab):
1. Minimum Conditions for Buy/Sell:
o min_conditions: Number of conditions required to trigger a buy/sell signal on the chart (1 to 12).
o Alert_min_conditions: User-defined alert threshold (how many conditions must be met before an alert is triggered).
2. Donchian Channel Settings:
o Show Donchian: Toggle visibility of the Donchian channel.
o Donchian Length: The length of the Donchian Channel (default 20).
3. Bull/Bear Flag Settings:
o Bull Flag Flagpole Strength: ATR multiplier to define the strength of the flagpole.
o Bull Flag Pullback Length: Length of pullback for the bull flag pattern.
o Bull Flag EMA Length: EMA length used to confirm trend during bull flag pattern.
Similar settings exist for Bear Flag patterns.
4. Momentum Indicators:
o RSI Length: Period for calculating the RSI (default 9).
o RSI Overbought: Overbought threshold for the RSI (default 65).
o RSI Oversold: Oversold threshold for the RSI (default 35).
5. Bollinger/Keltner Squeeze Settings:
o Squeeze Width Threshold: The maximum width of the Bollinger and Keltner Bands for squeeze conditions.
6. Stochastic RSI Settings:
o Stochastic RSI Length: The period for calculating the Stochastic RSI.
7. WPR Settings:
o WPR Length: Period for calculating Williams %R (default 14).
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User Inputs (Style Tab):
1. Signal Plotting:
o Control the display and colors of the buy/sell signals, momentum indicators, and pattern signals on the chart.
o Buy/Sell Signals: Can be customized with different colors and shapes (triangle up for buys, triangle down for sells).
o Momentum Signals: Custom circle placement for momentum-up or momentum-down signals.
2. Donchian Channel:
o Show Donchian: Toggle visibility of the Donchian upper, lower, and middle bands.
o Band Colors: Choose the color for each band (upper, lower, middle).
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How to Use the Indicator:
1. Adjust Minimum Conditions: Set the minimum number of conditions that must be met for a signal to appear. For example, set it to 5 if you want only stronger signals.
2. Set Alert Threshold: Define the number of conditions needed to trigger an alert. This can be different from the minimum conditions for visual signals.
3. Customize Appearance: Modify the colors and styles of the signals to match your preferences.
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Conclusion:
This comprehensive trading indicator uses a combination of trend-following, pattern recognition, and momentum-based conditions to help you spot potential buy and sell opportunities. By adjusting the input settings, you can fine-tune it to match your specific trading strategy, making it a versatile tool for different market conditions.
Signal Reliability Based on Condition Count
The reliability of the buy/sell signals increases as more conditions are met. Here's a breakdown of the probabilities:
1. 1-3 Conditions Met: Lower Probability
o Signals that meet only 1-3 conditions tend to have lower reliability and are considered less probable. These signals may represent false positives or weaker market movements, and traders should approach them with caution.
2. 4 Conditions Met: More Reliable Signal
o When 4 conditions are met, the signal becomes more reliable. This indicates that multiple indicators or market patterns are aligning, increasing the likelihood of a valid buy/sell opportunity. While not foolproof, it's a stronger indication that the market may be moving in a particular direction.
3. 5-6 Conditions Met: Strong Signal
o A signal meeting 5-6 conditions is considered a strong signal. This indicates a well-confirmed move, with several technical indicators and market factors aligning to suggest a higher probability of success. These are the signals that traders often prioritize.
4. 7+ Conditions Met: Rare and High-Confidence Signal
o Signals that meet 7 or more conditions are rare and should be considered high-confidence signals. These represent a significant alignment of multiple factors, and while they are less frequent, they are highly reliable when they do occur. Traders can be more confident in acting on these signals, but they should still monitor market conditions for confirmation.
________________________________________
You can adjust the number of conditions as needed, but this breakdown should give a clear structure on how the signal strength correlates with the number of conditions met!
Zero Lag Delta System [Hybrid Version] - Inverted🔹 Zero Lag Delta System — Inverted 🔹
The Zero Lag Delta System is a hybrid momentum oscillator designed to capture real-time trend shifts and market strength with maximum responsiveness and minimum lag.
Unlike traditional moving averages or momentum indicators, this tool applies a zero lag smoothing algorithm on price data to reduce delay without sacrificing stability.
It then measures the dynamic delta — the difference between two zero lag averages — to track the push and pull between bullish and bearish pressure in real time.
Key Features:
📈 Bullish momentum appears as green bars rising above the centerline.
📉 Bearish momentum appears as red bars falling below the centerline.
🧠 Zero lag smoothing provides faster and cleaner trend recognition.
🧩 Dynamic bands adapt to volatility, highlighting when moves are statistically significant.
🎯 Auto background coloring shows when momentum is strong, weak, or neutral.
🔔 Built-in alerts for bullish and bearish zero crosses.
🧠 How to Trade with Zero Lag Delta System:
1. Bullish Cross:
Signal: Delta crosses above the zero line.
Possible Action: Look for potential long (buy) opportunities.
2. Bearish Cross:
Signal: Delta crosses below the zero line.
Possible Action: Look for potential short (sell) opportunities.
3. Breakout Above Upper Band:
Signal: Strong bullish momentum confirmed by breakout over the dynamic upper band.
Possible Action: Consider aggressive long entries with trend confirmation.
4. Breakout Below Lower Band:
Signal: Strong bearish momentum confirmed by breakout under the dynamic lower band.
Possible Action: Consider aggressive short entries with trend confirmation.
5. Return to Neutral Zone:
Signal: Delta moves back toward the centerline, indicating weakening momentum.
Possible Action: Be cautious, tighten stops, or stay neutral until a clear signal emerges.
📚 Example Trading Scenarios:
Trend Entry:
When delta crosses above the zero line and stays above, price often enters a healthy uptrend. Look for pullbacks to enter with the trend.
Breakout Confirmation:
If delta moves sharply outside the dynamic bands (especially after consolidation), it often confirms a new momentum breakout.
Divergence Detection:
If price makes new highs but delta fails to do so (or vice versa), it may hint at hidden reversal opportunities.
⚡ Why Use Dynamic Bands Instead of Fixed Levels?
Unlike traditional 20/80 fixed levels that assume static market behavior, dynamic bands adapt automatically to current volatility conditions.
This ensures the indicator remains highly sensitive during calm markets, yet avoids overreacting during high-volatility phases.
Dynamic bands provide:
✅ Better precision in spotting true momentum breakouts.
✅ More accurate filtering of noise during sideways markets.
✅ A more adaptive and universal system across different assets (forex, crypto, stocks).
🔥 Final Thoughts:
The Zero Lag Delta System provides a simple yet powerful visual framework for understanding price momentum at a deeper level.
Use it alongside your existing strategy to refine entries, exits, and overall trend bias.
As always, combine with price action and risk management for best results.
This is an educational idea, and past performance may not replicate itself.
Happy trading! 🚀
Green*DiamondGreen*Diamond (GD1)
Unleash Dynamic Trading Signals with Volatility and Momentum
Overview
GreenDiamond is a versatile overlay indicator designed for traders seeking actionable buy and sell signals across various markets and timeframes. Combining Volatility Bands (VB) bands, Consolidation Detection, MACD, RSI, and a unique Ribbon Wave, it highlights high-probability setups while filtering out noise. With customizable signals like Green-Yellow Buy, Pullback Sell, and Inverse Pullback Buy, plus vibrant candle and volume visuals, GreenDiamond adapts to your trading style—whether you’re scalping, day trading, or swing trading.
Key Features
Volatility Bands (VB): Plots dynamic upper and lower bands to identify breakouts or reversals, with toggleable buy/sell signals outside consolidation zones.
Consolidation Detection: Marks low-range periods to avoid choppy markets, ensuring signals fire during trending conditions.
MACD Signals: Offers flexible buy/sell conditions (e.g., cross above signal, above zero, histogram up) with RSI divergence integration for precision.
RSI Filter: Enhances signals with customizable levels (midline, oversold/overbought) and bullish divergence detection.
Ribbon Wave: Visualizes trend strength using three EMAs, colored by MACD and RSI for intuitive momentum cues.
Custom Signals: Includes Green-Yellow Buy, Pullback Sell, and Inverse Pullback Buy, with limits on consecutive signals to prevent overtrading.
Candle & Volume Styling: Blends MACD/RSI colors on candles and scales volume bars to highlight momentum spikes.
Alerts: Set up alerts for VB signals, MACD crosses, Green*Diamond signals, and custom conditions to stay on top of opportunities.
How It Works
Green*Diamond integrates multiple indicators to generate signals:
Volatility Bands: Calculates bands using a pivot SMA and standard deviation. Buy signals trigger on crossovers above the lower band, sell signals on crossunders below the upper band (if enabled).
Consolidation Filter: Suppresses signals when candle ranges are below a threshold, keeping you out of flat markets.
MACD & RSI: Combines MACD conditions (e.g., cross above signal) with RSI filters (e.g., above midline) and optional volume spikes for robust signals.
Custom Logic: Green-Yellow Buy uses MACD bullishness, Pullback Sell targets retracements, and Inverse Pullback Buy catches reversals after downmoves—all filtered to avoid consolidation.
Visuals: Ribbon Wave shows trend direction, candles blend momentum colors, and volume bars scale dynamically to confirm signals.
Settings
Volatility Bands Settings:
VB Lookback Period (20): Adjust to 10–15 for faster markets (e.g., 1-minute scalping) or 25–30 for daily charts.
Upper/Lower Band Multiplier (1.0): Increase to 1.5–2.0 for wider bands in volatile stocks like AEHL; decrease to 0.5 for calmer markets.
Show Volatility Bands: Toggle off to reduce chart clutter.
Use VB Signals: Enable for breakout-focused trades; disable to focus on Green*Diamond signals.
Consolidation Settings:
Consolidation Lookback (14): Set to 5–10 for small caps (e.g., AEHL) to catch quick consolidations; 20 for higher timeframes.
Range Threshold (0.5): Lower to 0.3 for stricter filtering in choppy markets; raise to 0.7 for looser signals.
MACD Settings:
Fast/Slow Length (12/26): Shorten to 8/21 for scalping; extend to 15/34 for swing trading.
Signal Smoothing (9): Reduce to 5 for faster signals; increase to 12 for smoother trends.
Buy/Sell Signal Options: Choose “Cross Above Signal” for classic MACD; “Histogram Up” for momentum plays.
Use RSI Div + MACD Cross: Enable for high-probability reversal signals.
RSI Settings:
RSI Period (14): Drop to 10 for 1-minute charts; raise to 20 for daily.
Filter Level (50): Set to 55 for stricter buys; 45 for sells.
Overbought/Oversold (70/30): Tighten to 65/35 for small caps; widen to 75/25 for indices.
RSI Buy/Sell Options: Select “Bullish Divergence” for reversals; “Cross Above Oversold” for momentum.
Color Settings:
Adjust bullish/bearish colors for visibility (e.g., brighter green/red for dark themes).
Border Thickness (1): Increase to 2–3 for clearer candle outlines.
Volume Settings:
Volume Average Length (20): Shorten to 10 for scalping; extend to 30 for swing trades.
Volume Multiplier (2.0): Raise to 3.0 for AEHL’s volume surges; lower to 1.5 for steady stocks.
Bar Height (10%): Increase to 15% for prominent bars; decrease to 5% to reduce clutter.
Ribbon Settings:
EMA Periods (10/20/30): Tighten to 5/10/15 for scalping; widen to 20/40/60 for trends.
Color by MACD/RSI: Disable for simpler visuals; enable for dynamic momentum cues.
Gradient Fill: Toggle on for trend clarity; off for minimalism.
Custom Signals:
Enable Green-Yellow Buy: Use for momentum confirmation; limit to 1–2 signals to avoid spam.
Pullback/Inverse Pullback % (50): Set to 30–40% for small caps; 60–70% for indices.
Max Buy Signals (1): Increase to 2–3 for active markets; keep at 1 for discipline.
Tips and Tricks
Scalping Small Caps (e.g., AEHL):
Use 1-minute charts with VB Lookback = 10, Consolidation Lookback = 5, and Volume Multiplier = 3.0 to catch $0.10–$0.20 moves.
Enable Green-Yellow Buy and Inverse Pullback Buy for quick entries; disable VB Signals to focus on Green*Diamond logic.
Pair with SMC+ green boxes (if you use them) for reversal confirmation.
Day Trading:
Try 5-minute charts with MACD Fast/Slow = 8/21 and RSI Period = 10.
Enable RSI Divergence + MACD Cross for high-probability setups; set Max Buy Signals = 2.
Watch for volume bars turning yellow to confirm entries.
Swing Trading:
Use daily charts with VB Lookback = 30, Ribbon EMAs = 20/40/60.
Enable Pullback Sell (60%) to exit after rallies; disable RSI Color for cleaner candles.
Check Ribbon Wave gradient for trend strength—bright green signals strong bulls.
Avoiding Noise:
Increase Consolidation Threshold to 0.7 on volatile days to skip false breakouts.
Disable Ribbon Wave or Volume Bars if the chart feels crowded.
Limit Max Buy Signals to 1 for disciplined trading.
Alert Setup:
In TradingView’s Alerts panel, select:
“GD Buy Signal” for standard entries.
“RSI Div + MACD Cross Buy” for reversals.
“VB Buy Signal” for breakout plays.
Set to “Once Per Bar Close” for confirmed signals; “Once Per Bar” for scalping.
Backtesting:
Replay on small caps ( Float < 5M, Price $0.50–$5) to test signals.
Focus on “GD Buy Signal” with yellow volume bars and green Ribbon Wave.
Avoid signals during gray consolidation squares unless paired with RSI Divergence.
Usage Notes
Markets: Works on stocks, forex, crypto, and indices. Best for volatile assets (e.g., small-cap stocks, BTCUSD).
Timeframes: Scalping (1–5 minutes), day trading (15–60 minutes), or swing trading (daily). Adjust settings per timeframe.
Risk Management: Combine with stop-losses (e.g., 1% risk, $0.05 below AEHL entry) and take-profits (3–5%).
Customization: Tweak inputs to match your strategy—experiment in replay to find your sweet spot.
Disclaimer
Green*Diamond is a technical tool to assist with trade identification, not a guarantee of profits. Trading involves risks, and past performance doesn’t predict future results. Always conduct your own analysis, manage risk, and test settings before live trading.
Feedback
Love Green*Diamond? Found a killer setup?
FordOverview
The "Ford Trading Assistant" is an indicator crafted to support traders during the fast-paced New York trading session. This tool overlays a customizable table on your chart, delivering real-time insights from key market internals—NYSE and Nasdaq Advance/Decline (A/D), Volume Difference (VOLD), and TICK—alongside a unique Trend Score and actionable trading instructions. Its innovative design blends multiple data points into a cohesive market analysis tool, offering visual clarity and contextual guidance to help traders navigate intraday momentum shifts.
Purpose and Usefulness
Unlike typical price-based indicators, the Ford Trading Assistant taps into broad market internals to reveal underlying sentiment and momentum, making it an essential companion for intraday trading in the New York session for ETFs such as SPY/QQQ/IWM and Futures Markets(ES/NQ/RTY). It’s ideal for scalpers, day traders, and swing traders looking to confirm trend strength, spot potential reversals, or avoid choppy conditions. The indicator’s dual-table interface—one for data and signals, another for instructions—provides a streamlined way to assess current market dynamics and anticipate what’s ahead, enhancing decision-making in real time.
How It Works
The indicator pulls live data from six critical market internals using a 1-second timeframe:
NYSE Advance/Decline (A/D) - Tracks the balance of advancing versus declining NYSE stocks.
Nasdaq Advance/Decline (A/D) - Monitors the same for Nasdaq stocks.
NYSE VOLD - Measures the net volume difference between buying and selling on the NYSE.
Nasdaq VOLD - Captures the equivalent for Nasdaq.
NYSE TICK - Gauges the net number of NYSE stocks ticking up versus down.
Nasdaq TICK - Reflects the same for Nasdaq.
These internals are analyzed to determine their trend state (e.g., bullish, bearish, or neutral), displayed with color-coded backgrounds and emojis for instant recognition. The indicator then:
Assesses Trend Conditions: Evaluates the alignment of internals to identify varying degrees of bullish or bearish momentum, reflected in bar colors on the chart.
Calculates a Trend Score: Combines the strength of all internals into a single, proprietary metric that summarizes market direction and intensity.
Generates Signals: Detects changing states in market internals like reversals, acceleration, exhaustion, divergence, breakouts, and mean reversion, presented with directional cues and timestamps.
A separate instruction panel interprets these conditions, delivering guidance tailored to the market’s current state—whether it’s trending strongly, leaning one way, or stuck in divergence—helping traders understand the auction’s behavior and adjust their approach.
Internal Signals and Their Role
Each internal signal plays a distinct role in confirming the market’s current state and the conditions you’re trading into:
NYSE and Nasdaq A/D: Reflects market breadth. Strong positive readings indicate widespread buying interest, while negative readings suggest broad selling pressure, helping confirm if a move has solid participation.
NYSE and Nasdaq VOLD: Tracks volume momentum. High positive values signal aggressive buying, while deep negatives point to heavy selling, validating whether price action is supported by volume.
NYSE and Nasdaq TICK: Captures short-term sentiment. Extreme values highlight overbought or oversold conditions, offering clues about potential continuation or exhaustion.
How Signals Confirm Conditions
Trend Score: A positive score suggests bullish control, a negative score indicates bearish control, and a neutral score points to indecision. It acts as a quick gauge of overall market health with a low score of -24 and a max score of +24 with calculations based on overall internal conditions.
Reversal: Warns of potential trend shifts, triggered by significant changes in momentum or conflicting internals. Useful for exiting trends or preparing for counter-moves.
Acceleration: Highlights strengthening momentum, confirming conditions for trading a trend with confidence.
Exhaustion: Flags overextended moves, signaling fading momentum—ideal for profit-taking or fading trades.
Divergence: Indicates a disconnect between price and internals, cautioning against chasing moves that lack internal support.
Breakout: Identifies sharp momentum surges, confirming conditions for high-probability breakout trades.
Mean Reversion: Signals a pullback from extremes, suggesting a return to balance for range-bound strategies.
How to Use It
Add to Chart: Apply the indicator to any symbol (e.g., SPY, QQQ) on a 1-second or higher timeframe. It displays an "Internals Table" (default bottom right) and an "Instructions" panel (top right).
Track Internals: Watch the table for real-time data, trend states, and the Trend Score. The Bar colors also reflect the strength of bullish or bearish conditions.
Read Instructions: Use the instruction panel to understand the market’s state—e.g., "Trending Bullish" suggesting buying conditions, while "Diverging" would suggests caution.
Leverage Signals: Act on signals like "Breakout" or "Exhaustion" to enter new trades, exit old trades, manage current trades or continue to remain sidelined. Adjust table settings (position, size, colors) via inputs.
Pair with Price: Combine with your favorite price tools (e.g., support/resistance) to align internals with chart setups.
Customization
Modify the lookback period (default 100 bars), table orientation (vertical/horizontal), text size, colors, and transparency to fit your workflow.
Limitations
Requires real-time NYSE/Nasdaq data, which may depend on your TradingView plan.
Signals reflect current conditions, not future predictions, and may lag in extreme volatility.
Best used alongside price analysis for a complete trading strategy.
Requires a TradingView Subscription that supports the 1s Time Frame
Why It’s Original
The Ford Trading Assistant stands apart by integrating NYSE and Nasdaq internals into a unified, trader-friendly tool with a custom Trend Score and dynamic instructions. Rather than simply mashing up existing indicators, it offers a fresh approach to interpreting market momentum, enhanced by real-time signal detection and actionable guidance—making it a standout assistant for the New York session.
Wyckoff Range Detector [Beta] + Smart Money ElementsThis indicator detects the key phases of the Wyckoff market structure and integrates smart money elements, such as Order Blocks (OB), Fair Value Gaps (FVG), and Breaker Blocks. It also helps identify potential reversal zones (LPS, UTAD, Spring), breakout opportunities, and provides automatic Risk-Reward (R:R) calculations.
Key Features:
Wyckoff Phases Detection:
Automatically detects key phases of Wyckoff's market structure:
B (Range) – The initial range of accumulation.
C (Spring Phase) – Accumulation phase with a potential breakout.
C (UTAD Phase) – Upthrust After Distribution, indicating a potential reversal.
D (LPS Phase) – Last Point of Support, signaling accumulation before a breakout.
E (Breakout) – Phase marking breakout from range.
Re-Accumulation – Possible continuation in the range after a breakout.
Re-Distribution – Possible breakdown of a distribution phase.
Smart Money Elements:
Order Blocks (OB): Identifies Bullish and Bearish OBs to anticipate market entries.
Fair Value Gap (FVG): Highlights imbalance areas where price is likely to return.
Breaker Blocks: Marks areas where the price has previously broken a structure, indicating strong supply/demand zones.
Automatic Risk-Reward Calculation:
Smart RR: Automatically calculates Risk-Reward (R:R) ratios from LPS phases and Order Blocks. It draws lines to indicate target and stop levels with green for the target and red for the stop.
Visual representation of the entry signal with target and stop levels displayed.
Alerts:
Set alerts for phase changes, breakout, re-accumulation, or re-distribution to stay updated on the market’s movements.
Visual Tools:
Labels are used to indicate key zones such as AR, SC, LPS, and Spring Zones.
Draw boxes for the Spring and LPS phases to highlight areas where price action is likely to reverse.
Lines to represent potential breakouts, with customizable risk-reward indicators.
How to Use:
Apply the Indicator on any chart.
Identify Wyckoff phases to understand market trends.
Monitor Smart Money Elements (OB, FVG, Breaker) for entry and exit points.
Use automatic Risk-Reward levels for managing trades.
Set alerts for various Wyckoff phases and smart money signals to stay updated.
BBMA Strategy - EXT CSD CSM MHV RE CodesBINANCE:BTCUSD
Below is a detailed guide for using and interpreting the "BBMA Strategy - Enhanced EXT CSD CSM with Subplot" indicator. This guide is designed to be added to the description of the indicator when publishing it on TradingView. It provides clear instructions for users on how to apply the indicator, interpret its signals, and understand its features, including the multi-timeframe analysis and subplot table.
BBMA Strategy - Enhanced EXT CSD CSM with Subplot: User Guide
Overview
The "BBMA Strategy - Enhanced EXT CSD CSM with Subplot" is a comprehensive trading indicator built on the Bollinger Bands Moving Average (BBMA) framework. It combines multiple technical analysis tools—Bollinger Bands, Moving Averages (MAHI and MALO), EMA, ATR, volume analysis, RSI, MACD, market structure, and candlestick patterns—to identify high-probability trading setups. The indicator supports five key BBMA setups: EXT (Extreme), CSD (Consolidation), CSM (Continuation Setup Movement), RE (Re-Entry), and MHV (Market High Volatility).
This enhanced version includes:
Multi-Timeframe (MTF) Analysis: Confirms signals across a Lower Timeframe (LTF) and Higher Timeframe (HTF) for stronger trade validation.
Subplot Table: Displays signal status ("Active" or "Upcoming") and MTF confirmations in a clear table format.
Market Structure and Volume Filters: Incorporates Break of Structure (BOS), RSI divergence, and volume conditions to filter out low-probability trades.
Customizable Settings: Adjust Bollinger Bands, MA periods, timeframes, and more to suit your trading style.
This indicator is suitable for traders of all levels and can be used across various markets (e.g., forex, crypto, stocks) and timeframes (1M to 1D).
How to Use the Indicator
1. Add the Indicator to Your Chart
Open TradingView and load the chart of your chosen asset (e.g., BTCUSD, EURUSD, XAUUSD).
Go to the Pine Editor, paste the indicator code, and click "Add to Chart."
The indicator will overlay on your chart, displaying Bollinger Bands, Moving Averages, EMA, and signal labels. A subplot table will appear at the bottom of the chart.
2. Configure the Settings
The indicator provides customizable inputs to tailor it to your trading preferences. Access the settings by clicking the gear icon next to the indicator name on your chart:
Bollinger Bands Settings:
BB Period: Default is 20. Adjust the lookback period for Bollinger Bands.
BB Deviations: Default is 2. Adjust the standard deviation for the bands.
MAHI Settings (Moving Averages on High):
MAHI 5 Period: Default is 5. Period for the shorter MA on highs.
MAHI 10 Period: Default is 10. Period for the longer MA on highs.
MALO Settings (Moving Averages on Low):
MALO 5 Period: Default is 5. Period for the shorter MA on lows.
MALO 10 Period: Default is 10. Period for the longer MA on lows.
EMA Settings:
EMA Period: Default is 50. Adjust the period for the Exponential Moving Average.
ATR Settings:
ATR Period: Default is 14. Period for the Average True Range.
ATR SMA Period: Default is 14. Period for the ATR smoothing.
Timeframe Settings:
Minor HTF: Default is 1h. Select the minor higher timeframe for trend confirmation.
Major HTF: Default is 4h. Select the major higher timeframe for trend confirmation.
Lower TF for Confirmation: Default is 5m. Select the lower timeframe for signal confirmation.
Market Structure Settings:
Market Structure Lookback: Default is 10. Adjust the lookback period for swing highs/lows in market structure analysis.
3. Select Your Chart Timeframe
The indicator works on any timeframe from 1 minute (1M) to 1 day (1D).
For best results, align your chart timeframe (Current Timeframe, CTF) with the LTF and HTF settings:
Example: If CTF is 15m, set LTF to 5m and HTF to 1h or 4h.
This ensures proper multi-timeframe alignment for signal confirmation.
Indicator Components
Main Chart Elements
Bollinger Bands (BB): Plotted as three lines (upper, middle, lower) to identify volatility and potential reversal zones.
Upper Band: Blue line.
Middle Band: Black line (basis).
Lower Band: Blue line.
MAHI (Moving Averages on High): Two weighted moving averages on highs to detect trend direction.
MAHI 5: Green line.
MAHI 10: Lime line.
MALO (Moving Averages on Low): Two weighted moving averages on lows to confirm trend direction.
MALO 5: Red line.
MALO 10: Orange line.
EMA (50-period): Purple line to identify the overall trend.
Signal Labels: Appear on the chart when a setup is confirmed:
EXT Buy: Green upward arrow (reversal buy at BB lower band).
EXT Sell: Red downward arrow (reversal sell at BB upper band).
CSM Buy: Teal upward arrow (continuation buy above BB middle).
CSM Sell: Maroon downward arrow (continuation sell below BB middle).
RE Buy: Aqua upward arrow (re-entry buy between BB lower and middle).
RE Sell: Fuchsia downward arrow (re-entry sell between BB upper and middle).
MHV: Orange label (high volatility breakout after consolidation).
CSD: Yellow diamond (consolidation signal).
Subplot Table
Located at the bottom of the chart, the table summarizes signal status across three timeframes:
CTF (Current Timeframe): Shows "Active" (signal confirmed) or "Upcoming" (signal forming) for each setup.
LTF (Lower Timeframe): Displays a checkmark (✔) if the signal is confirmed on the LTF.
HTF (Higher Timeframe): Displays a checkmark (✔) if the signal is confirmed on the HTF.
Columns represent the five BBMA setups: EXT Buy, EXT Sell, CSD, CSM Buy, CSM Sell, RE Buy, RE Sell, and MHV.
Interpreting the Signals
1. EXT (Extreme) Setup
EXT Buy (Green Arrow):
Condition: Price touches or breaks below the BB lower band, closes above it, with high ATR volatility, strong volume, and additional confirmations (e.g., hammer candle, RSI oversold, MACD bullish, MAHI/MALO crossover, or bullish divergence).
Interpretation: A potential reversal buy signal. Look for confirmation in the subplot table (LTF and HTF rows).
Action: Consider a long position if LTF and HTF confirm (✔ in both rows). Use the BB middle or upper band as a target.
EXT Sell (Red Arrow):
Condition: Price touches or breaks above the BB upper band, closes below it, with high ATR volatility, strong volume, and additional confirmations (e.g., shooting star candle, RSI overbought, MACD bearish, MAHI/MALO crossunder, or bearish divergence).
Interpretation: A potential reversal sell signal.
Action: Consider a short position if LTF and HTF confirm. Use the BB middle or lower band as a target.
2. CSD (Consolidation) Setup
CSD (Yellow Diamond):
Condition: BB width is narrow (below its SMA), low ATR volatility, small candles, and no MAHI/MALO crossovers.
Interpretation: The market is consolidating, often preceding a breakout (e.g., MHV).
Action: Avoid trading during CSD unless preparing for an MHV breakout. Monitor the subplot for "Upcoming" MHV signals.
3. CSM (Continuation Setup Movement)
CSM Buy (Teal Arrow):
Condition: Price is above the BB middle, MAHI crossover, MALO crossover or MACD bullish, price above EMA 50, with additional confirmations (e.g., bullish engulfing or MACD bullish).
Interpretation: A continuation buy signal in an uptrend.
Action: Enter a long position if LTF and HTF confirm. Target the BB upper band or recent swing highs.
CSM Sell (Maroon Arrow):
Condition: Price is below the BB middle, MAHI crossunder, MALO crossunder or MACD bearish, price below EMA 50, with additional confirmations (e.g., bearish engulfing or MACD bearish).
Interpretation: A continuation sell signal in a downtrend.
Action: Enter a short position if LTF and HTF confirm. Target the BB lower band or recent swing lows.
4. RE (Re-Entry) Setup
RE Buy (Aqua Arrow):
Condition: Price is between the BB lower and middle bands, MAHI crossover, MALO crossover or MACD bullish, price above EMA 50, with additional confirmations (e.g., bullish engulfing or MACD bullish).
Interpretation: A re-entry buy signal after a pullback in an uptrend.
Action: Enter a long position if LTF and HTF confirm. Target the BB middle or upper band.
RE Sell (Fuchsia Arrow):
Condition: Price is between the BB upper and middle bands, MAHI crossunder, MALO crossunder or MACD bearish, price below EMA 50, with additional confirmations (e.g., bearish engulfing or MACD bearish).
Interpretation: A re-entry sell signal after a pullback in a downtrend.
Action: Enter a short position if LTF and HTF confirm. Target the BB middle or lower band.
5. MHV (Market High Volatility) Setup
MHV (Orange Label):
Condition: Follows a CSD signal, with expanding BB width, high ATR volatility, strong volume, and MAHI/MALO crossover or crossunder.
Interpretation: A breakout signal after consolidation, indicating high volatility and potential for a strong move.
Action: Trade in the direction of the breakout (e.g., buy if MAHI crossover, sell if MAHI crossunder). Confirm with LTF and HTF. Target significant levels like recent swing highs/lows.
6. Multi-Timeframe Confirmation
LTF Confirmation: A checkmark (✔) in the LTF row indicates the signal is also present on the lower timeframe (e.g., 5m). This adds confidence to the trade.
HTF Confirmation: A checkmark (✔) in the HTF row indicates alignment with the higher timeframe trend (e.g., 4h). This confirms the signal's strength.
Strongest Signals: Look for signals with both LTF and HTF confirmations (✔ in both rows). These have the highest probability of success.
7. Upcoming Signals
The CTF row in the subplot table may show "Upcoming" for a setup (e.g., EXT Buy: Upcoming). This indicates the setup is forming but not yet confirmed.
Action: Monitor these setups closely. They may turn "Active" on the next candle if conditions are met.
Trading Tips
Trend Alignment: Use the EMA 50 and market structure (is_uptrend) to ensure trades align with the overall trend. For example, prioritize CSM Buy signals in an uptrend.
Risk Management:
Set stop-losses below recent swing lows (for buys) or above recent swing highs (for sells).
Use the BB middle or opposite band as a target for most setups.
Avoid Overtrading: Focus on signals with LTF and HTF confirmations to filter out noise.
Timeframe Selection:
Scalping: Use 1m or 5m CTF with 1m LTF and 15m HTF.
Day Trading: Use 15m or 1h CTF with 5m LTF and 4h HTF.
Swing Trading: Use 4h or 1D CTF with 1h LTF and 1D HTF.
Backtesting: Test the indicator on historical data for your chosen asset and timeframe to understand its performance.
Alerts
The indicator includes built-in alerts for each setup:
EXT Buy/Sell: Triggers when an EXT signal is confirmed.
CSD: Triggers during consolidation.
CSM Buy/Sell: Triggers for continuation signals.
RE Buy/Sell: Triggers for re-entry signals.
MHV: Triggers for high volatility breakouts. To set up alerts:
Right-click on the chart and select "Add Alert."
Choose the condition (e.g., "BBMA EXT Buy").
Set your preferred notification method (e.g., email, SMS).
Limitations
Lagging Indicators: The indicator uses moving averages and other lagging tools, which may delay signals in fast-moving markets.
False Signals: Like all indicators, it can produce false signals, especially in choppy markets. Use LTF/HTF confirmations to filter trades.
Timeframe Dependency: Ensure your CTF, LTF, and HTF are properly aligned to avoid conflicting signals.
Advanced ORB IndicatorAdvanced ORB (Opening Range Breakout) Indicator
Overview
The Advanced ORB Indicator is a sophisticated trading tool designed to capture high-probability breakout opportunities across multiple markets. By identifying the opening range of a trading session and detecting meaningful breakouts, this indicator helps traders enter trending moves with strong momentum while filtering out false signals.
Core Concept
The Opening Range Breakout strategy is based on the principle that the initial trading range of a session often defines key support and resistance levels. When price breaks convincingly beyond this range with proper confirmation, it frequently indicates the beginning of a directional move that can persist throughout the session.
Key Features
### Intelligent Market Detection
- Automatically identifies market type (US Stocks, Forex, Crypto, EU/Asia Stocks)
- Applies optimal default timings based on market characteristics
- Configurable time zones (Exchange, UTC, Local) for precise session timing
Customizable Session Settings
- Adjustable opening range duration (15-240 minutes)
- Flexible reset periods (Daily, Weekly, Monthly, or Never)
- Custom session start times to match specific market opens or pre-market periods
Advanced Signal Filtering
- Multi-factor confirmation system requiring strong candle bodies, proper wick ratios, and minimum breakout percentages
- Smart cooldown periods preventing clustered signals
- Retracement detection that resets signals after meaningful pullbacks
Quality Control Mechanisms
- Volume threshold filter for stronger conviction entries
- RSI-based filters to avoid overbought/oversold conditions
- Trend alignment validation using EMA and directional analysis
- Consecutive candle confirmation for higher reliability
Visual Clarity
- Clear high/low boundary visualization
- Comprehensive status panel showing current levels, trend status, and filter conditions
- Clean, non-repainting signal triangles at breakout points
Trading Applications
Stocks & ETFs
Perfect for capturing morning momentum after market open, especially effective on US equities where the first 30-60 minutes often set the tone for the day. Excellent for gap fills, trend continuations, and reversal confirmations.
Forex & Futures
Ideal for session-based strategies around London/New York opens, capturing institutional order flow as major players enter the market. Can be configured for H4/H1 longer-term breakouts in 24-hour markets.
Cryptocurrency
Powerful for identifying key breakout levels in volatile crypto markets, with adjustable parameters to filter out noise while catching significant moves. Especially effective during high-volume periods following consolidation.
Strategic Implementation
The indicator excels when used as part of a complete trading system. Consider these approaches:
1. Pure Momentum Strategy: Enter on signal, exit at fixed R:R or end of session
2. Trend Continuation: Only take signals in the direction of the higher timeframe trend
3. Support/Resistance Validation: Combine with key S/R levels for higher probability entries
4. Volume Profile Confirmation: Use in conjunction with volume profile to verify breakout significance
Optimization Tips
- Adjust Opening Range Duration based on market volatility (shorter for choppy markets, longer for trending)
- Increase filter requirements during uncertain market conditions
- Loosen filters during strong trending environments
- Use longer durations (120+ minutes) for swing trading setups
- Consider Weekly/Monthly reset periods for positional trading approaches
Performance Notes
The Advanced ORB Indicator is designed to produce fewer, higher-quality signals rather than frequent low-conviction entries. The multiple confirmation requirements mean you'll catch fewer false breakouts at the expense of occasionally later entries.
For best results, combine with proper risk management, position sizing, and an understanding of the broader market context.
*This indicator works on all timeframes but performs optimally on 1-minute to 15-minute charts for intraday trading and 1-hour to 4-hour charts for swing trading opportunities.*
// @version=5
indicator("Advanced ORB Indicator", overlay=true)
// ===================================================================
// SIGNAL REQUIREMENTS DOCUMENTATION
// ===================================================================
//
// BULL SIGNAL REQUIREMENTS:
// - ORB period must be completed (not in the opening range duration anymore)
// - Price must close above the ORB high (if waitForClose is enabled)
// - Candle must have a strong body (body to range ratio >= minBodyToRangeRatio)
// - Valid upper wick (upper wick to body ratio <= wickThreshold)
// - Bullish candle (close > open)
// - Consecutive candle confirmation (if enabled, requires multiple candles meeting criteria)
// - Volume filter (if enabled, volume > average volume * threshold)
// - RSI filter (if enabled, RSI must not be overbought)
// - EMA filter (if enabled, price must be above short EMA)
// - Trend filter (if enabled, must be in an uptrend)
// - Cooldown period satisfied (minimum bars between signals)
// - Not already signaled a bull breakout for this ORB (unless reset by retracement)
//
// BEAR SIGNAL REQUIREMENTS:
// - ORB period must be completed (not in the opening range duration anymore)
// - Price must close below the ORB low (if waitForClose is enabled)
// - Candle must have a strong body (body to range ratio >= minBodyToRangeRatio)
// - Valid lower wick (lower wick to body ratio <= wickThreshold)
// - Bearish candle (close < open)
// - Consecutive candle confirmation (if enabled, requires multiple candles meeting criteria)
// - Volume filter (if enabled, volume > average volume * threshold)
// - RSI filter (if enabled, RSI must not be oversold)
// - EMA filter (if enabled, price must be below short EMA)
// - Trend filter (if enabled, must be in a downtrend)
// - Cooldown period satisfied (minimum bars between signals)
// - Not already signaled a bear breakout for this ORB (unless reset by retracement)
//
// SIGNAL RESET CONDITIONS (for both bull and bear):
// - A significant price retracement happens (determined by retracePercent)
// - Cooldown period expires (minimum bars between signals)
// ===================================================================
// ===================================================================
// SETTINGS GUIDE - DETAILED EXPLANATION
// ===================================================================
//
// MARKET SETTINGS
// ---------------------------------------------------------------------
// Market Type: Select your market or use auto-detection
// - US Stocks: NYSE, NASDAQ, etc. (9:30 AM default open)
// - Forex: Currency pairs (uses midnight or London open)
// - Crypto: Digital currencies (uses midnight UTC)
// - EU Stocks: European exchanges (9:00 AM default)
// - Asia Stocks: Asian exchanges (9:00 AM default)
// - Custom: Manually set your preferred session time
//
// Auto-Detect Market Type: Automatically identifies the market from symbol
// - Enable for convenience when switching between different markets
// - Disable to manually set your preferred market type
//
// Use Market Default Timing: Applies optimal session start times for selected market
// - Enable to use proven default timings for the market
// - Disable to set custom session start times
//
// Time Zone: Sets the reference time zone for session calculations
// - Exchange: Uses the exchange's native time zone (recommended)
// - UTC: Uses Coordinated Universal Time
// - Local: Uses your local computer's time zone
//
// TIME SETTINGS
// ---------------------------------------------------------------------
// Session Start Hour/Minute: Sets when the opening range begins
// - Only active when "Use Market Default Timing" is disabled
// - US Stocks typically use 9:30 AM
// - For pre-market analysis, try 4:00 AM (US) or 8:00 AM (EU)
//
// Opening Range Duration: How long to measure the initial range (minutes)
// - 30-60 mins: Standard for daily ORB strategies
// - 15 mins: More responsive, good for volatile markets
// - 120 mins: More stable, fewer false signals
//
// Reset Period: When to calculate a new opening range
// - Daily: Most common, resets each trading day
// - Weekly: Weekly opening range breakout strategy
// - Monthly: Long-term support/resistance levels
// - Never: Continuous tracking without resetting
//
// SIGNAL QUALITY SETTINGS
// ---------------------------------------------------------------------
// Minimum Bars Between Signals: Prevents clustering of multiple signals
// - Higher values (8-10): Fewer signals, better quality
// - Lower values (3-5): More signals, requires more filtering
//
// Required Retracement % Before New Signal: How far price must pull back
// - Higher values (50-60%): Only signals after significant pullbacks
// - Lower values (20-30%): More signals, may include false breakouts
//
// Minimum Breakout % Required: Strength needed for valid breakout
// - Higher values (0.5-1.0%): Stronger confirmation, fewer false breakouts
// - Lower values (0.1-0.3%): More sensitive, good for low-volatility
//
// Minimum Body to Range Ratio %: Requires strong candles for signals
// - Higher values (70-80%): Only strong momentum candles trigger signals
// - Lower values (40-50%): More signals, includes weaker breakouts
//
// BREAKOUT SETTINGS
// ---------------------------------------------------------------------
// Max Wick to Body Ratio: Controls acceptable candle shape
// - Lower values (0.2-0.3): Only clean breakout candles
// - Higher values (0.5-0.6): More signals, includes wicks
//
// Use Close Price: Uses close instead of High/Low for breakouts
// - Enable for more reliable but delayed confirmation
// - Disable for earlier signals using High/Low prices
//
// Wait for Candle Close: Only signals after candle completes
// - Enable to avoid false breakouts (recommended)
// - Disable for earlier entry but higher risk
//
// FILTER SETTINGS
// ---------------------------------------------------------------------
// Filter Signals Based on Trend: Aligns signals with the overall trend
// - Enable to filter out counter-trend signals (recommended)
// - Disable for range-bound markets or counter-trend strategies
//
// Trend Detection Period: Lookback period for trend calculation
// - Longer periods (50-100): Identifies major trends
// - Shorter periods (20-30): More responsive to recent price action
//
// Trend Strength Threshold: How strong trend must be
// - Higher values (0.7-0.8): Only strong trends generate signals
// - Lower values (0.5-0.6): More signals in choppy markets
//
// Use Volume Filter: Requires above-average volume for signals
// - Enable for stocks and futures (recommended)
// - May disable for some forex pairs with unreliable volume data
//
// Volume Threshold: How much above average volume is required
// - Higher values (2.0-3.0x): Only significant volume spikes
// - Lower values (1.2-1.5x): More signals, less volume confirmation
//
// Use RSI Filter: Prevents signals in overbought/oversold conditions
// - Enable to avoid exhausted moves
// - Disable for strong trend following
//
// Use EMA Alignment Filter: Ensures price is in the right direction
// - Enable for trend confirmation (recommended)
// - Disable for early reversal signals
//
// Require Consecutive Candle Confirmation: Needs multiple confirming candles
// - Enable for higher quality signals
// - Disable for faster but riskier entries
//
// DISPLAY SETTINGS
// ---------------------------------------------------------------------
// Show Label with Values: Displays current ORB levels and status
// Show Range Boundaries: Displays high/low lines on chart
// High/Low Boundary Color: Customize appearance
//
// ===================================================================
// RECOMMENDED SETTINGS BY MARKET TYPE
// ===================================================================
//
// US STOCKS - STANDARD
// ---------------------------------------------------------------------
// - Market Type: US Stocks
// - Opening Range Duration: 30 minutes
// - Reset Period: Daily
// - Wait for Candle Close: Enabled
// - Use Volume Filter: Enabled (Volume Threshold: 1.5-2.0x)
// - Use Trend Filter: Enabled
// - Minimum Breakout %: 0.3-0.5%
//
// US STOCKS - EARNINGS/HIGH VOLATILITY
// ---------------------------------------------------------------------
// - Opening Range Duration: 60 minutes (more stable)
// - Minimum Breakout %: 0.7-1.0% (stronger moves required)
// - Minimum Bars Between Signals: 8-10 (avoid whipsaws)
// - Required Retracement %: 40-50% (deeper pullbacks)
// - Volume Threshold: 2.5-3.0x (higher volume confirmation)
//
// CRYPTO
// ---------------------------------------------------------------------
// - Market Type: Crypto
// - Opening Range Duration: 120 minutes (crypto needs longer)
// - Reset Period: Daily
// - Minimum Breakout %: 1.0-1.5% (higher volatility needs stronger breakouts)
// - Volume Threshold: 2.0-2.5x
// - Consider disabling RSI Filter (trending crypto often stays overbought/oversold)
//
// FOREX - MAJOR PAIRS
// ---------------------------------------------------------------------
// - Market Type: Forex
// - Session Start: Consider 8:00 AM (London open) or 5:00 PM (Asian open)
// - Opening Range Duration: 60-120 minutes
// - Min Body to Range Ratio: 50-60% (forex can have smaller bodies)
// - Consider disabling Volume Filter (unreliable on some platforms)
// - Trend Strength Threshold: 0.6-0.7 (forex tends to trend well)
//
// EU STOCKS
// ---------------------------------------------------------------------
// - Market Type: EU Stocks
// - Opening Range Duration: 60 minutes
// - Reset Period: Daily
// - Use EMA Alignment: Enabled
// - Use Volume Filter: Enabled
//
// SMALL CAP/VOLATILE STOCKS
// ---------------------------------------------------------------------
// - Opening Range Duration: 15-30 minutes (captures early moves)
// - Minimum Breakout %: 1.0-2.0% (needs stronger breakouts)
// - Volume Threshold: 3.0x (needs significant volume)
// - Max Wick to Body Ratio: 0.3 (cleaner breakouts)
// - Use Consecutive Candle Confirmation: Enabled (2-3 candles)
//
// LOW VOLATILITY ENVIRONMENT
// ---------------------------------------------------------------------
// - Opening Range Duration: 30-60 minutes
// - Minimum Breakout %: 0.2-0.3% (lower threshold for tight ranges)
// - Required Retracement %: 20-30% (smaller pullbacks)
// - Consider disabling Consecutive Candle Confirmation
//
// HIGH VOLATILITY ENVIRONMENT
// ---------------------------------------------------------------------
// - Opening Range Duration: 60-120 minutes (more stable)
// - Minimum Breakout %: 0.8-1.5% (stronger confirmation)
// - Required Retracement %: 50-60% (deeper pullbacks)
// - Minimum Bars Between Signals: 8-10 (avoid choppy signals)
// - Use Consecutive Candle Confirmation: Enabled (2-3 candles)
// ===================================================================