Range Lattice## RangeLattice
RangeLattice constructs a higher-timeframe scaffolding on any intraday chart, locking in structural highs/lows, mid/quarter grids, VWAP confluence, and live acceptance/break analytics. It provides a non-repainting overlay that turns range management into a disciplined process.
HOW IT WORKS
Structure Harvesting – Using request.security() , the script samples highs/lows from a user-selected timeframe (default 240 minutes) over a configurable lookback to establish the dominant range.
Grid Construction – Midpoint and quarter levels are derived mathematically, mirroring how institutional traders map distribution/accumulation zones.
Acceptance Detection – Consecutive closes inside the range flip an acceptance flag and darken the cloud, signaling balanced auction conditions.
Break Confirmation – Multi-bar closes outside the structure raise break labels and alerts, filtering the countless fake-outs that plague breakout traders.
VWAP Fan Overlay – Session VWAP plus ATR-based bands provide a live measure of flow centering relative to the lattice.
HOW TO USE IT
Range Plays : Fade taps of the outer rails only when acceptance is active and VWAP sits inside the grid—this is where mean-reversion works best.
Breakout Plays : Wait for confirmed break labels before entering expansion trades; the dashboard's Width/ATR metric tells you if the expansion has enough fuel.
Market Prep : Carry the same lattice from pre-market into regular trading hours by keeping the structure timeframe fixed; alerts keep you notified even when managing multiple tickers.
VISUAL FEATURES
Range Tap and Mid Pivot markers provide a tape-reading breadcrumb trail for journaling.
Cloud fill opacity tightens when acceptance persists, visually signaling balance compressions ready to break.
Dashboard displays absolute width, ATR-normalized width, and current state (Balanced vs Transitional) so you can glance across charts quickly.
Acceptance Flag toggle: Keep the repeated acceptance squares hidden until you need to audit balance.
PARAMETERS
Structure Timeframe (default: 240): Choose the timeframe whose ranges matter most (4H for indices, Daily for stocks).
Structure Lookback (default: 60): Bars sampled on the structure timeframe.
Acceptance Bars (default: 8): How many consecutive bars inside the range confirm balance.
Break Confirmation Bars (default: 3): Bars required outside the range to validate a breakout.
ATR Reference (default: 14): ATR period for width normalization.
Show Midpoint Grid (default: enabled): Display the midpoint and quarter levels.
Show Adaptive VWAP Fan (default: enabled): Toggle the VWAP channel for assets where volume distribution matters most.
Show Acceptance Flags (default: disabled): Turn the acceptance markers on/off for maximum visual control.
Show Range Dashboard (default: enabled): Disable if screen space is limited, re-enable during prep sessions.
ALERTS
The indicator includes five alert conditions:
Range High Tap: Price interacted with the RangeLattice high
Range Low Tap: Price interacted with the RangeLattice low
Range Mid Tap: Price interacted with the RangeLattice mid
Range Break Up: Confirmed upside breakout
Range Break Down: Confirmed downside breakout
Where it works best
This indicator works best on liquid instruments with clear structural levels. On very low timeframes (1-minute and below), the structure may update too frequently to be useful. The acceptance/break confirmation system requires patience—faster traders may find the multi-bar confirmation too slow for scalping. The VWAP fan is session-based and resets daily, which may not suit all trading styles.
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Price Action Signals Filtered +EMA🚀 Price Action Signals Filtered + EMA (Dual Confirmation)
💡 Indicator Overview
This indicator is a powerful tool designed to identify potential trend reversals or continuations using Price Action Pivot signals, but it filters them with an Exponential Moving Average (EMA) to ensure dual confirmation.
The indicator's purpose is to generate signals only when a Price Action confirmation aligns with a confirmed market trend (above or below the EMA), thereby reducing noise and increasing signal reliability.
✨ Key Features and Logic
1. Price Action (Pivot) Detection
The indicator automatically detects local low (Pivot Low) and local high (Pivot High) points.
Pivot Low: A potential market bottom.
Pivot High: A potential market top.
2. Price Action Confirmation
After a Pivot is detected, the indicator waits for subsequent confirmation from the closing prices of the candles:
Bullish Confirmation: After a Pivot Low, the indicator requires N consecutive candles (where N is defined in the settings) to close above the previous candle's close. This indicates buying pressure.
**Bearish Confirmation: After a Pivot High, the indicator requires N consecutive candles to close below the previous candle's close. This indicates selling pressure.
3. Trend Filter (EMA) - Dual Confirmation! 🎯
This is the critical component. A confirmed Price Action signal must align with the trend defined by the Exponential Moving Average (EMA):
Bullish Signal (Buy): Generated ONLY if the Bullish Price Action Confirmation occurs while the price (Close) is ABOVE the EMA (default 20 periods).
Bearish Signal (Sell): Generated ONLY if the Bearish Price Action Confirmation occurs while the price (Close) is BELOW the EMA.
This serves as a dual confirmation, ensuring the signal is captured in the direction of the broader market trend.
📈 How to Use
Look for the Signal: Wait for the shape (triangle, circle, or arrow) to appear on the chart.
Verify Confirmation: Know that the signal has already passed through the dual filter: Price Action and EMA.
Bullish signals appear below the bar when the price is ABOVE the EMA.
Bearish signals appear above the bar when the price is BELOW the EMA.
Risk Management: Always use this indicator in combination with your risk management strategy and technical analysis.
📝 Additional Notes
The indicator uses barstate.isconfirmed to accurately plot signals on the candle close.
The EMA line is also plotted on the chart for visual trend verification.
This indicator is a tool only and does not constitute financial advice. Always perform your own analysis and research.
Previous 5 Days OHLC + Dates + PricesTitle: Previous 5 Days OHLC Levels (Extended Lines + Labels)
Description:
This indicator automatically plots the Open, High, Low, and Close (OHLC) levels for the previous 5 trading days. Unlike standard daily separators, this tool extends the lines from their historical origin all the way to the current price bar, allowing traders to instantly see how current price action interacts with recent support and resistance levels.
Key Features:
5-Day Lookback: Automatically fetches and plots OHLC data for the last 5 trading sessions.
Extended Lines: Lines extend to the current bar (Right) to visualize immediate Support/Resistance zones.
Smart Labels: Each line is marked with the Day Name, Date, Type (O/H/L/C), and the Exact Price.
Customizable Positioning: Choose to display labels on the Left (start of the day) or the Right (next to current price) to keep your chart clean.
Toggle Visibility: Individually turn on/off Opens, Closes, Highs, or Lows to focus on the data that matters to your strategy.
How to Use:
Trend Analysis: Use previous Highs and Lows to identify potential breakout or breakdown levels.
Range Trading: Identify where price previously opened or closed to find intraday pivots.
Clean Charting: Use the settings to hide labels or specific lines (e.g., hide Opens/Closes to see only the Daily Range).
Settings:
Label Position: Switch between "Left" (historical origin) and "Right" (current price).
Visibility: Checkboxes to show/hide Open, High, Low, Close, and Text Labels.
Style: Fully customizable colors for each level type.
Technical Note: This script is optimized for performance (Pine Script v6). It uses array management and executes drawing logic only on the last bar to minimize resource usage while maintaining real-time accuracy.
BTC Mon 8am Buy / Wed 2pm Sell (NY Time, Daily + Intraday)This strategy implements a fixed weekly time-based trading schedule for Bitcoin, using New York market hours as the reference clock. It is designed to test whether a consistent pattern exists between early-week accumulation and mid-week distribution in BTC price behavior.
Entry Rule — Monday 8:00 AM (NY Time)
The strategy enters a long position every Monday at exactly 08:00 AM Eastern Time, one hour after the U.S. equities market pre-open activity begins influencing global liquidity.
This timing attempts to capture early-week directional moves in Bitcoin, which sometimes occur as traditional markets come online.
Exit Rule — Wednesday 2:00 PM (NY Time)
The strategy closes the position every Wednesday at 2:00 PM Eastern Time, a point in the week where:
U.S. equity markets are still open
BTC often experiences mid-week volatility rotations
Liquidity is generally high
This exit removes exposure before later-week uncertainty and gives a consistent, measurable time window for each trade.
Timeframe Compatibility
Works on intraday charts (recommended 1h or lower) using precise time-based triggers.
Also runs on daily charts, where entries and exits occur on the Monday and Wednesday bars respectively (daily charts cannot show intraday timestamps).
All timestamps are synced to America/New_York regardless of the exchange’s native timezone.
Trading Frequency
Exactly one trade per week, preventing overtrading and allowing comparison of weekly performance across years of historical BTC price data.
Purpose of the Strategy
This is not a value-based or trend-following system, but a behavioral/time-cycle analysis tool.
It helps evaluate whether a repeating short-term edge exists based solely on:
Weekday timing
Liquidity cycles
Institutional market influence
BTC’s habitual early-week momentum patterns
It is ideal for:
Backtesting weekly BTC behavior
Studying time-based edges
Comparing alternative weekday/time combinations
Visualizing weekly P&L structure
Risk Notes
This strategy does not attempt to predict price direction and should not be assumed profitable without robust backtesting.
Time-based edges can appear, disappear, or invert depending on macro conditions.
There is no stop loss or risk management included by default, so the strategy reflects raw timing-based performance.
Hash Pivot DetectorHash Pivot Detector
Professional Support & Resistance Detection with Multi-Timeframe Zone Analysis
Developed by Hash Capital Research, the Hash Pivot Detector is a sophisticated indicator designed for identifying key support and resistance levels using pivot-based detection with institutional-grade zone analysis.
Key Features
Zone-Based Detection
Unlike traditional single-line S/R indicators, Hash Pivot Detector uses configurable zones around pivot levels to represent realistic institutional order areas. Adjustable zone width accommodates different asset volatilities.
Multi-Timeframe Analysis
Displays higher timeframe support/resistance levels alongside current timeframe pivots, providing crucial context for institutional positioning and stronger price barriers.
Clean Visual Design
Features Hash Capital's signature fluorescent color scheme (pink resistance, cyan support) optimized for dark charts with high contrast and instant visual recognition. Semi-transparent zones keep your chart clean and readable.
How It Works
The indicator uses pivot high/low detection with configurable left and right bar parameters. When a pivot is confirmed, it plots:
Primary support/resistance lines at pivot levels
Semi-transparent zones representing realistic order areas
Higher timeframe S/R levels as crosses for additional context
Recommended Settings
For Swing Trading:
Pivot Bars: 10-20 left/right
Zone Width: 0.5-1.0%
HTF: Daily (on 1H-4H charts)
For Intraday Trading:
Pivot Bars: 5-10 left/right
Zone Width: 0.3-0.5%
HTF: 1H or 4H (on 5min-15min charts)
Asset-Specific Zone Width:
Forex/Crypto: 0.3-0.5%
Stocks: 0.5-1.0%
Volatile Assets: 1.0-2.0%
What Makes It Different
✓ Zone-based approach (more realistic than lines)
✓ Multi-timeframe confluence detection
✓ Minimal visual clutter with maximum information
✓ Professional institutional aesthetic
✓ Comprehensive tooltips for easy optimization
✓ No repainting - all pivots are confirmed
Best Used For
Identifying high-probability entry/exit zones
Setting stop-loss and take-profit levels
Recognizing breakout/breakdown areas
Multi-timeframe confluence analysis
Swing trading and position trading
Intraday scalping with adjusted parameters
Notes
Works on all timeframes and markets
Fully customizable colors and parameters
All settings include detailed optimization guidance
Clean code, efficient performance
No alerts or notifications (visual analysis only)
inyerneck Quiet Bottom Hunter v1.5 — VERIFIED SIGNALSQuiet Bottom Hunter v1.5 — 85%+ Rebound Setup
Designed for new traders who want the highest-probability, lowest-stress small-cap entries.
Triggers only when ALL of these line up:
• –20% to –80% from 90-day high (slow bleed, not crash)
• Volume ≤80% of 50-day average (dry, no panic selling left)
• RSI(14) ≤35 (deep oversold)
• 2+ consecutive green or flat days at the low (quiet bottom confirmed)
Fires roughly 1–3 times per month on most small caps (<$2B).
Backtested 2024–2025: 85% win rate, avg +32% rebound, max DD ~11%.
Tiny green “QB” arrow = entry signal.
Use 10–20% position size. Works best on daily charts.
Public script — code visible.
use on 1 day or 4 hr chart. mid term swings, NOT day trades
No spam. No chasing. Just big, calm rebounds.
Trendshift [CHE] StrategyTrendshift Strategy — First-Shift Structural Regime Trading
Profitfactor 2,603
Summary
Trendshift Strategy implements a structural regime-shift trading model built around the earliest confirmed change in directional structure. It identifies major swing highs and lows, validates breakouts through optional ATR-based conviction, and reacts only to the first confirmed shift in each direction. After a regime reversal, the strategy constructs a premium and discount band between the breakout candle and the previous opposite swing. This band is used as contextual bias and may optionally inform stop placement and position sizing.
The strategy focuses on clear, interpretable structural events rather than continuous signal generation. By limiting entries to the first valid shift, it reduces false recycles and allows the structural state to stabilize before a new trade occurs. All signals operate on closed-bar logic, and the strategy avoids higher-timeframe calls to stabilize execution behavior.
Motivation: Why this design?
Many structure-based systems repeatedly trigger as price fluctuates around prior highs and lows. This often leads to multiple flips during volatile or choppy conditions. Trendshift Strategy addresses this problem by restricting execution to the first confirmed structural event in each direction. ATR-based filters help differentiate genuine structural breaks from noise, while the contextual band ensures that the breakout is meaningful in relation to recent volatility.
The design aims to represent a minimalistic structural trading framework focused on regime turns rather than continuous trend signaling. This reduces chart noise and clarifies where the market transitions from one regime to another.
What’s different vs. standard approaches?
Baseline reference
Typical swing-based structure indicators report every break above or below recent swing points.
Architecture differences
First-shift-only regime logic that blocks repeated signals until direction reverses
ATR-filtered validation to avoid weak or momentum-less breaks
Premium and discount bands derived from breakout structure
Optional band-driven stop placement
Optional band-dependent position-sizing factor
Regime timeout system to neutralize structure after extended inactivity
Persistent-state architecture to prevent re-triggering
Practical effect
Only the earliest actionable structure change is traded
Fewer but higher-quality signals
Premium/discount tint assists contextual evaluation
Stops and sizing can be aligned with structural context rather than arbitrary volatility measures
Improved chart interpretability due to reduced marker frequency
How it works (technical)
The algorithm evaluates symmetric swing points using a fixed bar window. When a swing forms, its value and bar index are stored as persistent state. A structural shift occurs when price closes beyond the most recent major swing on the opposite side. If ATR filtering is enabled, the breakout must exceed a volatility-scaled distance to prevent micro-breaks from firing.
Once a valid shift is confirmed, the regime is updated to bullish or bearish. The script records the breakout level, the opposite swing, and derives a band between them. This band is checked for minimum size relative to ATR to avoid unrealistic contexts.
The first shift in a new direction generates both the strategy entry and a visual marker. Additional shifts in the same direction are suppressed until a reversal occurs. If a timeout is enabled, the regime resets after a specified number of bars without structural change, optionally clearing the band.
Stop placement, if enabled, uses either the opposite or same band edge depending on configuration. Position size is computed from account percentage and may optionally scale with the price-span-to-ATR relationship.
Parameter Guide
Market Structure
Swing length (default 5): Controls swing sensitivity. Lower values increase responsiveness.
Use ATR filter (default true): Requires breakouts to show momentum relative to ATR. Reduces false shifts.
ATR length (default 14): Volatility estimation for breakout and band validation.
Break ATR multiplier (default 1.0): Required breakout strength relative to ATR.
Premium/Discount Framework
Enable framework (default true): Activates premium/discount evaluation.
Persist band on timeout (default true): Keeps structural band after timeout.
Min band ATR mult (default 0.5): Rejects narrow bands.
Regime timeout bars (default 500): Neutralizes regime after inactivity.
Invert colors (default false): Color scheme toggle.
Visuals
Show zone tint (default true): Background shade in premium or discount region.
Show shift markers (default true): Display first-shift markers.
Execution and Risk
Risk per trade percent (default 1.0): Determines position size as account percentage.
Use band for size (default false): Scales size relative to band width behavior.
Flat on opposite shift (default true): Forces reversal behavior.
Use stop at band (default false): Stop anchored to band edges.
Stop band side: Chooses which band edge is used for stop generation.
Reading & Interpretation
A green background indicates discount conditions within the structural band; red indicates premium conditions. A green triangle below price marks the first bullish structural shift after a bearish regime. A red triangle above price marks the first bearish structural shift after a bullish regime.
When stops are active, the opposite band edge typically defines the protective level. Band width relative to ATR indicates how significant a structural change is: wider bands imply stronger volatility structure, while narrow bands may be suppressed by the minimum-size filter.
Practical Workflows & Combinations
Trend following: Use first-shift entries as initial regime confirmation. Add higher-timeframe trend filters for additional context.
Swing trading: Combine with simple liquidity or fair-value-gap concepts to refine entries.
Bias mapping: Use higher timeframes for structural regime and lower timeframes for execution within the premium/discount context.
Exit management: When using stops, consider ATR-scaling or multi-stage profit targets. When not using stops, reversals become the primary exit.
Behavior, Constraints & Performance
The strategy uses only confirmed swings and closed-bar logic, avoiding intrabar repaint. Pivot-based swings inherently appear after the pivot window completes, which is standard behavior. No higher-timeframe calls are used, preventing HTF-related repaint issues.
Persistent variables track regime and structural levels, minimizing recomputation. The maximum bars back setting is five-thousand. The design avoids loops and arrays, keeping performance stable.
Known limitations include limited signal density during consolidations, delayed swing confirmation, and sensitivity to extreme gaps that stretch band logic. ATR filtering mitigates some of these effects but does not eliminate them entirely.
Sensible Defaults & Quick Tuning
Fewer but stronger entries: Increase swing length or ATR breakout multiplier.
More responsive entries: Reduce swing length to capture earlier shifts.
More active band behavior: Lower the minimum band ATR threshold.
Stricter stop logic: Use the opposite band edge for stop placement.
Volatile markets: Increase ATR length slightly to stabilize behavior.
What this indicator is—and isn’t
Trendshift Strategy is a structural-regime trading engine that evaluates major directional shifts. It is not a complete trading system and does not include take-profit logic or prediction features. It does not attempt to forecast future price movement and should be used alongside broader market structure, volatility context, and disciplined risk management.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
Trendshift [CHE]Trendshift — First-Shift Regime Turns with Premium/Discount Context
Summary
Trendshift highlights the first confirmed directional structure shift in price and overlays a premium or discount context based on the most recent structural range. It identifies the major swing levels, detects a regime transition when price closes beyond these levels with optional ATR-based conviction, and marks only the first shift per direction to reduce repetition and noise. The indicator then establishes a premium or discount band around the break and tints the background when price operates in either region. This produces a clean regime-aware view that emphasizes only the earliest actionable turn while maintaining contextual bias information.
Motivation: Why this design?
Conventional swing-based structure tools often fire repeated signals after each minor break, especially in volatile environments. This leads to cluttered charts and little informational value. Trendshift focuses on the core trading need: isolating the first confirmed change in directional structure and providing a premium or discount context after the break. By limiting signals to the initial flip and suppressing further markers until direction reverses again, the script reduces noise and highlights only the structural event that materially matters. The band logic further addresses the challenge of distinguishing contextual extremes and avoiding trades taken too late after a shift.
What’s different vs. standard approaches?
Baseline reference: Most structure indicators repeatedly plot every new break of a swing high or swing low.
Differences:
Only the first confirmed bullish or bearish shift is plotted until the opposite direction occurs.
ATR-filtered breakout validation to reduce false breaks during volatility spikes.
A reduced premium and discount band derived from the breakout candle and prior swing structure.
Tinted background for contextual positioning rather than explicit entry signals.
Practical effect:
Fewer but more meaningful shift markers.
Clear visual context of where price operates relative to the structural band.
Cleaner regime transitions and less chart clutter.
How it works (technical)
The indicator continuously evaluates major swing highs and lows using a symmetric window length. When a swing is confirmed, the script stores its price and bar index. A structure shift occurs when price closes beyond the most recent major swing in the opposite direction. Optional ATR filtering requires the breakout distance to exceed an ATR-scaled threshold.
Upon a confirmed shift, the script sets a regime state that remains active until a new shift or an optional timeout. It also establishes a structural band anchored between the breakout candle extremum and the prior opposite swing. The band informs the premium and discount boundaries, each representing a quarter subdivision.
Only the first shift event per direction generates a visual triangle marker. The band is validated by comparing its height to ATR to avoid extremely narrow structures. Background tinting activates whenever price resides within the premium or discount zones. Persistent variables maintain previous structural states and prevent re-triggering until direction reverses.
Parameter Guide
Swing length (default 5): Controls the number of bars used on each side of a swing. Smaller values are more reactive; larger values reduce noise.
Use ATR filter (default true): Requires breakout strength beyond the swing to exceed an ATR-scaled threshold. Disabling increases signal frequency.
ATR length (default 14): Controls volatility estimation for breakout filtering and band validation.
Break ATR multiplier (default 1.0): Higher values require stronger breakouts, reducing false shifts.
Enable framework (default true): Activates the premium and discount context logic.
Persist band on timeout (default true): Retains the current band after a regime timeout.
Min band size ATR mult (default 0.5): Rejects extremely small bands and prevents unrealistic tinting.
Regime timeout bars (default 500): Resets the regime after extended inactivity.
Invert colors (default false): Swaps premium and discount tint color assignments.
Show zone tint (default true): Toggles background shading.
Show shift markers (default true): Enables or disables the first-shift triangles.
Reading & Interpretation
A green or red tint signals that price is operating in the discount or premium region of the most recent structural band. These regions are derived from the breakout event and the prior swing. A green triangle below a bar indicates the first bullish structure shift after a bearish regime. A red triangle above a bar indicates the first bearish shift after a bullish regime. No further markers appear until direction reverses. When tint is active, price location within the band offers simple contextual bias without providing explicit entries.
Practical Workflows & Combinations
Trend following: Treat the first bullish marker as the earliest confirmation of a potential up-regime and the first bearish marker for a potential down-regime. Use price location relative to the premium and discount zones as context for continuation or mean-reversion setups.
Structure-based execution: Combine with simple swing highs and lows to refine entry points within discount after a bullish shift or within premium after a bearish shift.
Higher-timeframe overlays: Apply the indicator on higher timeframes to define macro structure, then trade on lower timeframes using the band as a contextual anchor.
Risk management: When price stays in premium during a bearish regime or in discount during a bullish regime, consider protective actions or position management adjustments.
Behavior, Constraints & Performance
The script uses only confirmed swing points and closed-bar conditions, so repainting from future bars does not occur except the inherent delay of pivot confirmation. No higher-timeframe security calls are used, avoiding HTF repaint paths.
Performance impact is minimal because the script uses no loops or arrays and relies on persistent variables. The maximum bars back setting is five-thousand, required for swing lookback. Known limitations include quiet behavior during long consolidations, occasional delayed recognition of shifts due to swing confirmation, and limited effectiveness during large market gaps where extremum logic may be distorted.
Sensible Defaults & Quick Tunin g
Increase the swing length for smoother trend shifts and fewer signals.
Decrease the swing length for more sensitivity.
Raise the ATR breakout multiplier to reduce noise in volatile markets.
Lower the band size requirement to make premium and discount zones more active on slower markets.
Extend the regime timeout for slow-moving assets.
What this indicator is—and isn’t
This tool is a structural regime-shift detector with contextual premium and discount shading. It is not a complete trading system and does not include entries, exits, or risk models. It does not predict future price movement. It should be combined with broader structure analysis, liquidity considerations, and risk management practices.
Disclaimer
The content provided, including all code and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell any financial instrument, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context.
Any results from strategies or tools provided are hypothetical, and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and may not be suitable for all individuals. Before making any trading decisions, please consult with a qualified financial professional to understand the risks involved.
By using this script, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
Do not use this indicator on Heikin-Ashi, Renko, Kagi, Point-and-Figure, or Range charts, as these chart types can produce unrealistic results for signal markers and alerts.
Best regards and happy trading
Chervolino
Every Hour 1st/Last FVG vTDL OVERVIEW - Shoutout to Micheal J. Huddleston aka ICT
This indicator identifies the first Fair Value Gap (FVG) that forms within each trading hour, providing traders with potential entry zones, reversal points, and unmitigated gap targets. Based on the concept that the first presented FVG of each hour represents a significant price delivery array where institutional order flow occurred.
The indicator detects FVGs on a lower timeframe (1-minute default) and displays them as boxes on your chart, tracking which gaps get filled and which remain open as potential draw-on-liquidity targets.
WHAT IS A FAIR VALUE GAP
A Fair Value Gap is a 3-candle price pattern representing an imbalance between buyers and sellers:
Bullish FVG: Forms when candle 3's low is above candle 1's high, leaving a gap
Bearish FVG: Forms when candle 3's high is below candle 1's low, leaving a gap
These gaps often act as magnets for price, which tends to return and "fill" the imbalance before continuing. They function as dynamic support and resistance zones.
KEY FEATURES
Detection Types
FVG: Standard fair value gap detection with volume imbalance expansion
Suspension FVG Blocks: Requires outside prints on both sides for more refined signals
Hourly Display Modes
First Only: Shows whichever FVG appears first each hour (bullish or bearish)
Show Both: Shows first bullish AND first bearish FVG independently each hour
Last FVG Tracking
Optionally display the last FVG of each hour
Useful for comparing how the hour developed
Can extend into the next hour for continued tracking
Breakaway Gap Detection
Gaps not traded into during their formation hour extend forward
Extended gaps display labels showing formation time and date
These unmitigated gaps become price targets and reversal zones
Gap Fill Modes
Touch Box: Marks filled when price enters the gap
Touch Midpoint: Marks filled when price reaches the 50 percent level
Fill Completely: Marks filled when price fills the entire gap with visual progress
HOW TO USE
Entry Points
The first FVG of each hour provides potential entry zones based on price reaction:
When price returns to an FVG and shows rejection, enter in the direction of rejection
The gap zone represents where institutional orders likely reside
Use the boundaries of the gap for stop loss placement
A clean rejection of the zone confirms it as valid support or resistance
Reversal Points
Unmitigated gaps that extend beyond their formation hour are high-probability reaction zones:
Extended boxes with labels indicate unfilled gaps
When price finally reaches these zones, expect a reaction
The longer a gap remains unfilled, the stronger the expected response
These zones act as magnets drawing price back to them
Price Targets
Use unmitigated gaps as draw-on-liquidity targets:
Look for extended boxes above or below current price
Price tends to seek out and fill imbalances
The midpoint line often serves as a minimum target
Multiple unfilled gaps in one direction suggest strong momentum potential
FRAMING DIRECTIONAL BIAS
The first presented FVG of each hour acts as a support or resistance zone. The direction of the FVG itself does not determine bias - it is how price reacts to that FVG that reveals the true market intention.
Reading Price Reaction
Price respects a bullish FVG as support and bounces higher = bullish bias confirmed
Price respects a bearish FVG as resistance and rejects lower = bearish bias confirmed
Price fails to hold a bullish FVG and breaks through = potential inversion, look for shorts
Price fails to hold a bearish FVG and breaks through = potential inversion, look for longs
Inversion Fair Value Gaps (IFVG)
When price trades through an FVG and closes beyond it, that gap can invert its role:
A bullish FVG that fails becomes resistance - use it as a short entry zone
A bearish FVG that fails becomes support - use it as a long entry zone
The inversion signals a shift in control from one side to the other
Watch for price to retest the inverted gap before continuing
Support and Resistance Framework
Think of each hourly first FVG as a key level:
Price above the FVG: the gap acts as potential support
Price below the FVG: the gap acts as potential resistance
Watch how price behaves when it returns to the gap zone
A clean rejection confirms the level; a break through signals inversion
SHORT-TERM SCALPING APPLICATION
These FVGs provide scalping opportunities each hour:
Identify the first FVG of the hour as your key level
Wait for price to trade away from it and return
Observe the reaction at the gap zone
Enter in the direction of the reaction with tight risk
Target the next FVG, midpoint, or nearby liquidity
Trade Management
Use the opposite side of the FVG box as your stop loss zone
The midpoint of the gap often provides first target or decision point
Scale out at nearby unmitigated gaps or key levels
If the gap inverts, flip your bias and look for entries in the new direction
MULTI-HOUR CONTEXT
If price consistently respects FVGs as support across hours = uptrend context
If price consistently respects FVGs as resistance across hours = downtrend context
If FVGs keep inverting = choppy or transitional market
Use higher timeframe direction to filter which reactions to trade
Compare first and last FVG of each hour to see how momentum developed
SESSION FILTERING
The indicator automatically excludes unreliable periods:
4 PM to 5 PM New York time (market close hours 16-17)
Weekend closed periods (Saturday and Sunday before 6 PM)
All timestamps use New York timezone for consistency with futures market hours.
SETTINGS GUIDE
Detection Settings
Detection Type: Choose between standard FVG or Suspension FVG Blocks
Lower Timeframe: 15 seconds, 1 minute, or 5 minutes for gap detection
Min FVG Size: Minimum gap size in ticks to filter noise
Display Settings
Hourly Display Mode: First Only shows one gap per hour; Show Both shows first bull and bear
Show First FVG: Toggle visibility of first FVG boxes
Show Last FVG: Toggle visibility of last FVG boxes
Show Midpoint Lines: Display the 50 percent level of each gap
Show Unfilled Breakaway Gaps: Extend boxes until price fills them
Show Only Today: Reduce clutter by hiding older hourly boxes
Gap Fill Detection Mode
Touch Box: Gap marked filled when price enters the zone
Touch Midpoint: Gap marked filled when price reaches 50 percent level
Fill Completely: Gap marked filled only when fully closed, shows visual fill progress
Recommended Settings by Style
Scalping: 1 minute LTF, 4 tick minimum, Show Both mode, Touch Box fill
Day Trading: 1 minute LTF, 4-8 tick minimum, First Only mode, Touch Midpoint fill
Swing Context: 5 minute LTF, Show Unfilled Gaps enabled, Fill Completely mode
COLOR CODING
Blue boxes: First bullish FVG of the hour
Red boxes: First bearish FVG of the hour
Green boxes: Last bullish FVG of the hour
Orange boxes: Last bearish FVG of the hour
Black midpoint lines: 50 percent level of each gap
Filled portion overlay: Shows visual progress in Fill Completely mode
All colors are fully customizable in the settings menu.
PRACTICAL TIPS
The first FVG of each hour is a hidden PD array - treat it as a significant level
Not every gap produces a tradeable reaction - wait for confirmation
Gaps that remain unfilled for multiple hours carry more weight
Use the Show Both mode to see both bullish and bearish opportunities each hour
When multiple gaps cluster in one zone, that area becomes even more significant
Inversions are powerful signals - a failed level often leads to acceleration
NOTES
Works on any instrument and timeframe
Best used on intraday charts (1 minute to 15 minute) viewing 1 minute LTF gaps
Combine with higher timeframe analysis for confluence
These are probability zones, not guarantees - always use proper risk management
The indicator handles HTF to LTF data fetching automatically
BPR (Ballanced price range) DetectorHow This BPR Detector Works
This indicator is designed to detect and visualize balanced price ranges (BPRs) on price charts. The indicator has two main components:
Regular FVG Detection - The indicator first detects regular Fair Value Gaps in price action, which are spaces where price has moved quickly leaving a gap. This is necessary because BPRs are derived from regular FVGs.
BPR Detection - When the price action inverts and moves through a regular FVG in the opposite direction, the indicator identifies this as a BPR. This concept is important in Inner Circle Trader (ICT) methodology as it can signal potential changes in trend direction. Additionally the detection logic is refined by incorporating displacement.
The main functionality preserved includes:
Detection of regular FVGs (required to find BPRs)
Conversion of regular FVGs to BPRs when price moves through them creating a FVG in the opposite direction
Visual display of both FVG and BPR zones
Mitigation tracking for both types of imbalances
Displacement visualization that helps identify energetic price moves
Key Settings
FVG Settings - Control the appearance and behaviour of regular Fair Value Gaps
BPR Settings - Control the appearance of Breaker Price Ranges (which have different colours by default)
Mitigation Settings - Define how the indicator determines when an imbalance has been filled
Displacement Settings - Optional highlighting of energetic price moves that may lead to imbalances
Support Resistance📌 1. Indicator Name
Premium Auto Support & Resistance
📌 2. One-Line Description
An automated S/R system that generates support and resistance zones based on swing highs and lows, displaying them in a premium visual style directly on the chart.
📌 3. Overall Summary (7+ lines)
This indicator automatically detects price levels where the market has repeatedly reacted and generates support and resistance zones.
Instead of simple horizontal lines, it visualizes reaction ranges as zones, helping traders clearly understand the actual price areas where activity occurs.
It uses swing points (high/low pivots) as the fundamental basis and continuously updates only the most meaningful recent S/R levels.
A smoothing process is applied, reducing noise and creating more natural, reliable S/R zones.
Support and resistance are displayed as filled transparency-based zones, enabling intuitive identification of zone strength and market position.
When price touches one of these zones, a small signal appears to highlight potential reversal points.
All elements are plotted directly over the candles with overlay=true, making it an instantly usable and visually premium tool.
📌 4. Advantages (6 items)
① Automatic Swing-Based S/R Detection
Automatically analyzes key pivot points and extracts only the most meaningful support and resistance levels.
② Support/Resistance Zone Structure
Provides intuitive reaction ranges instead of single lines, making it far more practical for real trading.
③ Smooth Premium-Style Lines
S/R lines are smoothed to remove noise, maintaining a natural and refined premium visual appearance.
④ Automatic Candle-Touch Alerts
Displays signals whenever price touches support or resistance, helping you quickly identify potential reversal areas.
⑤ Overlay-Based Immediate Clarity
Drawn directly onto the chart without occupying indicator windows, keeping visual focus on price action.
⑥ Simple Yet Powerful Framework
A pivot + smoothing + zone combination that strengthens automatic S/R detection while remaining easy for beginners to use.
Universal Scalper Indicator [Crypto/Forex/Gold]Universal Scalper Pro is an all-in-one scalping system designed for the 15-Minute Timeframe. It automates the analysis of trend, volatility, and risk management into a single, high-contrast dashboard.
Unlike standard crossover indicators, this system filters out low-volatility "noise" using a built-in ADX engine and automatically calculates dynamic Stop Loss and Take Profit levels based on market volatility (ATR).
It is engineered to work universally on:
Crypto (BTC, ETH, SOL, Altcoins)
Commodities (Gold, Silver, Oil)
Forex (Major & Minor Pairs)
Stocks (High volume tech stocks like NVDA, TSLA)
📈 How It Works (The Strategy)
1. The Trend Engine (9/21 EMA) The core logic utilizes a Fast (9) and Slow (21) Exponential Moving Average crossover.
Bullish Signal: The 9 EMA crosses above the 21 EMA.
Bearish Signal: The 9 EMA crosses below the 21 EMA. This specific combination is chosen for its responsiveness to 15-minute intraday trends.
2. The Noise Filter (ADX > 15) To prevent "whipsaws" (fake signals during sideways markets), the script includes a Volatility Filter based on the Average Directional Index (ADX).
Signals are rejected if the ADX is below 15.
This ensures you only receive alerts when there is sufficient momentum to sustain a move.
3. Dynamic Risk Management (ATR) The script uses the Average True Range (ATR) to calculate Stop Loss and Take Profit levels that adapt to the specific asset's volatility.
Stop Loss: Placed at 1.5x ATR from the entry. (Tight enough to preserve capital, wide enough to survive standard market noise).
Take Profit: Placed at 2.0x ATR from the entry. (Provides a healthy 1:1.3 Risk/Reward ratio).
🚀 Key Features
Universal Dashboard: A bottom-right panel displays the live Trend Status, Entry Price, Stop Loss, and Take Profit. It automatically formats decimals for any asset (e.g., 2 decimals for Gold, 5 for Forex, 8 for Crypto).
"Sticky" Memory: The dashboard retains the prices of the last valid signal, allowing you to manage your trade even after the signal candle closes.
Trend Cloud: A visual Green/Red zone between the EMAs helps you instantly identify the market bias.
Unified Alerts: A single alert setup ("Any alert() function call") sends the Asset Name, Entry, SL, and TP directly to your phone.
🛠️ How to Use
Timeframe: Set your chart to 15 Minutes (15m).
Wait for the Signal: Look for the "BUY" (Green) or "SELL" (Red) label on the chart.
Check the Dashboard: Ensure the "STATUS" is BULLISH (for buys) or BEARISH (for sells). If the status says "WAIT", do not trade.
Execute: Enter the trade using the exact Stop Loss and Take Profit levels shown on the dashboard.
⚠️ Risk Disclaimer
Trading financial markets involves high risk and may not be suitable for all investors. This indicator is a technical analysis tool and does not constitute financial advice. Past performance is not indicative of future results. Always practice with a demo account before trading real capital.
Session Highlighter (Asia / London / New York)This TradingView Pine Script highlights the three major Forex sessions—Asia, London, and New York—directly on the chart. Each session has customizable start/end times (based on New York time), toggle switches to show or hide them, and adjustable background colors. The script automatically detects sessions that cross midnight and shades the chart accordingly. It can also place optional labels at the exact opening of each session.
Super momentum DBSISuper momentum DBSI: The Ultimate Guide
1. What is this Indicator?
The Super momentum DBSI is a "Consensus Engine." Instead of relying on a single line (like an RSI) to tell you where the market is going, this tool calculates 33 distinct technical indicators simultaneously for every single candle.
It treats the market like a democracy. It asks 33 mathematical "voters" (Momentum, Trend, Volume, Volatility) if they are Bullish or Bearish.
If 30 out of 33 say "Buy," the score is high (Yellow), and the trend is extremely strong.
If only 15 say "Buy," the score is low (Teal), and the trend is weak or choppy.
2. Visual Guide: How to Read the Numbers
The Scores
Top Number (Bears): Represents Selling Pressure.
Bottom Number (Bulls): Represents Buying Pressure.
The Colors (The Traffic Lights)
The colors are your primary signal. They tell you who is currently winning the war.
🟡 YELLOW (Dominance):
This indicates the Winning Side.
If the Bottom Number is Yellow, Bulls are in control.
If the Top Number is Yellow, Bears are in control.
🔴 RED (Weakness):
This appears on the Top. It means Bears are present but losing.
🔵 TEAL (Weakness):
This appears on the Bottom. It means Bulls are present but losing.
3. Trading Strategy
Scenario A: The "Strong Buy" (Long Entry)
The Setup: You are looking for a shift in momentum where Buyers overwhelm Sellers.
Watch the Bottom Number: Wait for it to turn Yellow.
Confirm Strength: Ensure the score is above 15 and rising (e.g., 12 → 18 → 22).
Check the Top: The Top Number should be Red and low (below 10).
Trigger: Enter on the candle close.
Scenario B: The "Strong Sell" (Short Entry)
The Setup: You are looking for Sellers to crush the Buyers.
Watch the Top Number: Wait for it to turn Yellow.
Confirm Strength: Ensure the score is above 15 and rising.
Check the Bottom: The Bottom Number should be Teal and low.
Trigger: Enter on the candle close.
Scenario C: The "No Trade Zone" (Choppy Market)
The Setup: The market is confused.
Visual: Top is Red, Bottom is Teal.
Meaning: NOBODY IS WINNING. There is no Yellow number.
Action: Do not trade. This usually happens during lunch hours, weekends, or right before big news. This filter alone will save you from many false breakouts.
4. What is Inside? (The 33 Indicators)
To give you confidence in the signals, here is exactly what the script is checking:
Group 1: Momentum (Oscillators)
Detects if price is moving fast.
RSI (Relative Strength Index)
CCI (Commodity Channel Index)
Stochastic
Williams %R
Momentum
Rate of Change (ROC)
Ultimate Oscillator
Awesome Oscillator
True Strength Index (TSI)
Stoch RSI
TRIX
Chande Momentum Oscillator
Group 2: Trend Direction
Detects the general path of the market.
13. MACD
14. Parabolic SAR
15. SuperTrend
16. ALMA (Moving Average)
17. Aroon
18. ADX (Directional Movement)
19. Coppock Curve
20. Ichimoku Conversion Line
21. Hull Moving Average
Group 3: Price Action
Detects where price is relative to averages.
22. Price vs EMA 20
23. Price vs EMA 50
24. Price vs EMA 200
Group 4: Volume & Force
Detects if there is money behind the move.
25. Money Flow Index (MFI)
26. On Balance Volume (OBV)
27. Chaikin Money Flow (CMF)
28. VWAP (Intraday)
29. Elder Force Index
30. Ease of Movement
Group 5: Volatility
Detects if price is pushing the outer limits.
31. Bollinger Bands
32. Keltner Channels
33. Donchian Channels
5. Pro Tips for Success
Don't Catch Knives: If the Bear score (Top) is Yellow and 25+, do not try to buy the dip. Wait for the Yellow score to break.
Exit Early: If you are Long and the Yellow Bull score drops from 28 to 15 in one candle, TAKE PROFIT. The momentum has died.
Use Higher Timeframes: This indicator works best on 15m, 1H, and 4H charts. On the 1m chart, it may be too volatile.
Change in State of Delivery CISD [AlgoAlpha]🟠 OVERVIEW
This script tracks how price “changes delivery” after failed attempts to push in one direction. It builds swing levels from pivots, watches for those levels to be wicked, and then checks if price delivers cleanly in the opposite direction. When the pattern meets the script’s tolerance rules, it marks a Change in State of Delivery (CISD). These CISD levels are drawn as origin lines and are used to spot shifts in intent, failed pushes, and continuation attempts. A CISD becomes stronger when it forms after opposing liquidity is swept within a defined lookback.
🟠 CONCEPTS
The script first defines structure using swing highs/lows. These levels act as potential liquidity points. When price wicks through a swing, the script registers a mitigation event. After this, it looks for a reversal-style candle sequence: a failed push, followed by a counter-move strong enough to pass a tolerance ratio. This ratio compares how far price expanded away from the failed attempt versus the counter-move that followed. If the ratio is high enough, this becomes a CISD. The idea is simple: liquidity interaction sets context , and the tolerance logic identifies actual intent . CISD levels and sweep markers combine these two ideas into a clean map of where delivery flipped.
🟠 FEATURES
Liquidity tracking: marks swing highs/lows and updates them until expiry
Liquidity sweep confirmation when CISD aligns with recent mitigations
Alert conditions for all key events: mitigations, CISDs, and strong CISDs
🟠 USAGE
Setup : Add the script to your chart. Use it on any timeframe where swing behavior matters. Set the Swing Period for how wide a pivot must be. Set Noise Filter to control how strict the CISD detection is. Liquidity Lookback defines how recent a wick must be to confirm a sweep.
Read the chart : Origin lines mark where the CISD began. A green line signals bullish intent; a red line signals bearish intent. ▲ and ▼ shapes show CISDs that form after liquidity is swept, these mark strong signals for potential entry. Swing dots show recent swing highs/lows. Candle colors follow the latest CISD trend.
Settings that matter : Increasing Swing Period produces fewer but stronger swings. Raising Noise Filter requires cleaner counter-moves and reduces false CISDs. Liquidity Lookback controls how strict the sweep confirmation is. Expiry Bars decides how long swing levels remain active.
Screener: Multi-Timeframe CRT / ORB [Yosiet]Are you tired of manually scanning dozens of charts across different timeframes, searching for that perfect reversal setup? What if you could have a system that does the heavy lifting for you, pinpointing high-probability reversal patterns across the entire market in real-time?
Several names for the same candlestick pattern: CRT, ORB, Morning Star, Evening Star, and others, but I'm not going to talk about it.
What is a Candle Retracement (CRT) Pattern?
For those who may be unfamiliar, the Candle Retracement pattern is a robust 3-candle setup that signals the potential exhaustion of a trend and the start of a reversal.
Bullish CRT:
Candle 1 (Signal): A significant bearish candle.
Candle 2 (Retracement): A candle that sweeps the lows of Candle 1 but closes within its body. This shows the sellers are overextended and losing momentum.
Candle 3 (Confirmation): A bullish candle that closes above Candle 2's close, confirming the reversal.
Bearish CRT:
Candle 1 (Signal): A significant bullish candle.
Candle 2 (Retracement): A candle that sweeps the highs of Candle 1 but closes within its body.
Candle 3 (Confirmation): A bearish candle that closes below Candle 2's close.
How This Screener Supercharges Your Trading
Manually finding these setups is time-consuming. This indicator automates the entire process, scanning up to four symbols across nine different timeframes—from the fast-paced 5-minute chart to the strategic weekly view.
Key Features:
Multi-Symbol, Multi-Timeframe Matrix: Get an instant, bird's-eye view of all CRT signals in a clean, easy-to-read table.
Customizable Logic: Fine-tune the pattern detection to your liking:
Lookback Period: How many bars back to search for patterns.
Min Candle %: The minimum body size of Candle 1, ensuring you only get significant signals.
Sweep %: The minimum required wick sweep of Candle 2, filtering for meaningful false breaks.
Visual & Alert System:
Clear Visuals: Green circles (🟢) for Bullish CRT and red circles (🔴) for Bearish CRT.
Proactive Alerts: Receive real-time pop-up and push notifications the moment a new pattern is confirmed on any timeframe.
Final Thoughts & Risk Management
The Multi-Timeframe CRT Screener is designed to be a cornerstone of your trading strategy, helping you find high-quality setups with efficiency. However, no indicator is infallible.
Always use confluence: Use the signals from this screener in conjunction with other factors like key support/resistance levels, volume, or momentum indicators.
Manage your risk: Always use a stop-loss. A good initial stop for a CRT pattern can be placed just beyond the extreme of Candle 1 (the low for bullish, high for bearish).
I hope you find this tool as invaluable in your trading as I have. I'm constantly working on improvements, so please feel free to leave your suggestions, comments, and questions below. If you find it useful, give it a like and share it with your trading community!
Happy Trading,
Yosiet
[ArchLabs] Support & Resitance Levels Support & Resistance Levels — SR-v1.100
Smart, auto-managed zones for clean market structure
⸻
🔍 What this indicator does
This script automatically finds and maintains high-quality support & resistance zones on your chart, so you don’t have to keep redrawing levels by hand.
It:
• Detects major swing highs and lows (pivots)
• Builds support and resistance zones (not just thin lines)
• Filters out overlapping / redundant levels
• Tracks how price interacts with those zones in real time
• Marks and alerts:
• ✅ Breakouts
• 🚨 False breakouts
• 🔁 Retests
• Flips broken support → resistance and resistance → support automatically
You get a clean structural map of the market, continuously updated.
⸻
🧠 How levels are built (conceptually)
1. The indicator looks back over a configurable window and finds significant highs and lows (pivots).
2. From each confirmed pivot, it creates:
• A core level price (horizontal line)
• A price area around it (shaded zone), sized relative to recent price range/volatility
3. It then checks for overlaps between existing levels and new candidates:
• If a new level is too close to an existing one (within your overlap threshold), it gets discarded.
• This keeps only the most meaningful, non-redundant levels on the chart.
4. A cap of around 10 levels per side (support / resistance) keeps the view readable.
The result: a curated set of zones that actually matter, not a wall of lines.
⸻
🎨 Visuals on the chart
You’ll see:
• Support zones
• Line: bullish color (default green)
• Area: semi-transparent band below/around the line
• Resistance zones
• Line: bearish color (default red)
• Area: semi-transparent band above/around the line
Colors are customizable for:
• Level line
• Zone area
• Breakout highlight
• Retest label
This makes it easy to visually separate support vs resistance and quickly spot key reactions.
⸻
⚡ Dynamic behavior & level lifecycle
Each level goes through a natural “life cycle,” which the indicator tracks for you:
1. Active zone
• The level is valid and extended to the right as long as price stays “engaged” with it (using smoothed highs/lows to avoid noise).
2. Extension / pause
• When price pulls away from the level far enough, the extension can temporarily stop so the level doesn’t stretch indefinitely without interaction.
• If price comes back into the zone with meaningful action, the level can resume extension.
3. Break & role reversal
• When price cleanly breaks the level (based on smoothed price, not just a wick), the zone is:
• Stopped and locked in place
• Marked as broken
• Immediately cloned and flipped:
• Broken support becomes a new resistance zone at the same area.
• Broken resistance becomes a new support zone.
This gives you automatic role-reversal levels without manually redrawing anything.
⸻
🧷 Event tags & alerts
The indicator tracks three key interactions with each zone:
1. Breakouts (optional)
When price decisively breaks a level:
• A small breakout label appears on/near the level:
• Support broken → bearish breakout style
• Resistance broken → bullish breakout style
• An alert message is fired (if alerts are enabled on the script)
Use this to catch true structural breaks that may signal trend continuation or regime change.
⸻
2. False breakouts (optional)
False breakouts are marked when price:
• Wicks through a level, but
• Fails to close beyond it and quickly returns inside the zone
When detected:
• A 🚨 FB label appears at the level
• The label tracks with price while the false breakout is active
• An alert can fire each time this behavior is confirmed
This is very useful for reversal traders and anyone fading failed breakouts.
⸻
3. Retests (optional)
Retests are detected when:
• Price re-enters a zone after previously moving away from it
• The candle comes back into the area for the first time in this new approach
The script:
• Marks the retest with a “T” label in a distinct color for support vs resistance
• Brings that level to the top of the internal priority list, keeping fresh retests visually and logically “hot”
Traders often use these as high-probability reaction points (e.g., breakout → retest → continuation).
⸻
⚙️ Key settings
All inputs are grouped for clarity:
Support / Resistance Levels
• Pivots Lookback
Controls how far back the indicator looks for swing highs/lows.
• Higher value → fewer, stronger levels
• Lower value → more reactive, more levels
• Overlap Multiplier (Pips)
Sets how aggressively overlapping levels are merged/ignored.
• Higher value → fewer levels, more consolidation
• Lower value → more granular levels
• Auto Overlap
When enabled, the script automatically adjusts the overlap threshold based on timeframe:
• Intraday lower timeframes → tighter filtering
• Higher/intra-session → more appropriate scaling
This lets you drop the indicator on multiple timeframes without constantly retuning.
⸻
Level Event Toggles
• Breakout Labels & Alerts (on/off)
• False Breakout Labels & Alerts (on/off)
• Retest Labels & Alerts (on/off)
Turn on only what fits your style.
Scalpers might want all three; swing traders may prefer only breakouts + retests.
⸻
Support / Resistance Colors
Separate color groups for:
• Line & area of support levels
• Line & area of resistance levels
• Visual styling for breakouts
• Visual styling for retests
You can match your existing chart theme or build a dedicated SR layout.
⸻
📈 How to use it in your trading
Here are a few practical ways to integrate this indicator:
• Context map
Use it as a structural overlay on any symbol/timeframe to see where price is likely to react.
• Breakout + retest setups
• Wait for a level to break with a breakout label.
• Then watch for a T (retest) label into the flipped zone.
• Combine with your own confirmation (price action, volume, oscillators, etc.).
• Mean-reversion & fade trades
• Hunt for false breakout (FB) labels on key levels.
• These are often good spots to fade aggressive moves that lose momentum.
• Confluence builder
• Combine zones with trend tools, VR/DC, moving averages, or higher timeframe structure.
• A breakout/retest at a level that also lines up with higher TF structure can be especially meaningful.
⸻
✅ Summary
Support & Resistance Levels (SR-v1.100) is designed to be:
• Clean – no cluttered spaghetti of lines
• Adaptive – zones evolve with the market and flip roles automatically
• Actionable – breakout, false breakout, and retest events are clearly marked and alert-ready
• Flexible – works on any market and timeframe with simple, intuitive inputs
Drop it on your chart, tune the lookback & overlap to your style, and let it handle the heavy lifting of structural mapping while you focus on decisions.
Etherium CME gaps multi-timeframe auto finderThis indicator is a powerful tool that automatically detects and visualizes price gaps (Gaps) in the Ethereum CME futures market across multiple timeframes and also provides alert functionality. Price gaps occur when the futures market is inactive for a certain period, often acting as potential support or resistance zones.
What is an Ethereum CME Gap?
CME (Chicago Mercantile Exchange) is one of the largest derivatives exchanges globally. The Ethereum CME futures market is closed on weekends and certain holidays. When the market reopens, a price difference may occur between the previous closing price and the new opening price, referred to as a "CME Gap."
Key Features of the Indicator
Multi-timeframe gap detection: Detects and displays gaps across 5m, 15m, 30m, 1h, 4h, 1d timeframes simultaneously.
Customizable CME Symbol: You can specify Ethereum CME futures symbols, such as ETH1!.
Two gap price display methods:
CME_price: Displays the gap based on the actual price levels in the CME futures market.
Chart_price: Adjusts the gap to match the price levels on the chart being viewed (e.g., spot market). This helps visualize the impact of futures gaps on the spot market.
Visual customization:
Individual color settings for bullish/bearish gap boxes for each timeframe.
Adjust the extension (display length) of gap boxes in bars.
Configure label display, position, text size, background, and text color.
Highlight significant gaps: Emphasize gaps above a specified percentage with a unique color and border thickness.
Alert functionality: Receive notifications when a gap is detected, with options to enable alerts only for specific timeframes.
Why CME Gaps Matter
Traders often consider CME gaps as significant price zones.
Gap Fill: Historical data shows that many gaps tend to get "filled" over time, meaning the price returns to the gap area, reaching the start or end point of the gap.
Support/Resistance: Unfilled gaps can serve as potential support (Bullish Gap) or resistance (Bearish Gap) zones.
Bullish Gap: Occurs when the current opening price is higher than the previous closing price. Typically leaves an unfilled gap below (previous high), which can act as potential support.
Bearish Gap: Occurs when the current opening price is lower than the previous closing price. Typically leaves an unfilled gap above (previous low), which can act as potential resistance.
How to Use the Indicator
Add Indicator on TradingView: Click the "Indicators" button on the TradingView chart.
Find the indicator in "My Scripts" or "Invite-Only Scripts" and add it to the chart.
Adjust Settings: Once the indicator is added, click the settings (gear) icon to adjust inputs.
CME Symbol (ETH): ETH1! is typically the default symbol for Ethereum CME futures. Confirm based on your broker or data feed.
Min gap %: Set the minimum gap size in percentage; smaller gaps will not be displayed.
Select Exchanges to Display gap price: Choose between "CME_price" or "Chart_price." For viewing futures gaps on a spot chart, "Chart_price" is recommended.
Show Xm/h/d gap boxes: Select which timeframe gap boxes to display.
Color, Extension, Label settings: Customize the visual aspects of gap boxes and labels.
Highlight gap % (>=): Set the minimum percentage for highlighting significant gaps.
Enable Alerts: Choose whether to receive alerts when a gap is detected.
Alert Timeframe: Select whether alerts apply to all timeframes or specific ones only.
Chart Analysis
Once the indicator is applied, gap boxes for the selected timeframes appear on the chart.
Green shades indicate Bullish Gaps, and red shades indicate Bearish Gaps (default green can be customized, and bearish gap color can be set separately).
Highlighted gaps may carry higher significance and should be monitored carefully.
Potential trading opportunities can be explored when the price approaches or attempts to fill a gap.
Usage Strategies (Examples)
Support/Resistance Confirmation: The lower boundary of a bullish gap can act as potential support, while the upper boundary of a bearish gap can act as potential resistance. Observe for reversals or breakouts when price reaches these areas.
Retracement Trading: Trade when the price returns to fill a gap after leaving it through a sharp move up or down.
Multi-timeframe Analysis: Gaps overlapping across multiple timeframes can form stronger support/resistance zones.
Considerations
* "Gap Filled" Condition: The indicator does not draw a gap if it determines that the gap has already been filled by the current bar’s low (bullish gap) or high (bearish gap).
* Tool Only: This indicator is a gap detection tool and should not be used alone for trading decisions. Always combine with other technical analysis tools and your trading strategy.
* Past Data ≠ Future Guarantee: Historical gap fill trends do not guarantee future occurrences.
This indicator allows effective tracking of Ethereum CME futures gaps and provides valuable insights for enhancing your trading strategy.
Turtle 20-Day Breakout (Donchian)Yes, the most important indicator used in the Turtle Rules (Turtle Trading Strategy) for finding breakouts above previous highs is the Donchian Channel. 🐢📈
Donchian Channel
The Donchian Channel is a trend-following indicator composed of three lines plotted on the chart:
Shutterstock
Upper Band: The highest high over the defined number of periods.
Lower Band: The lowest low over the defined number of periods.
Middle Line: The average of the Upper and Lower bands (not always used, but sometimes added for orientation).
The Turtle Rules use the following periods for the entry signals (breakouts) you mentioned in your query:
Short-Term (System 1): Crossing the 20-day high (this corresponds to the upper band of a Donchian Channel with a 20-period setting).
Mid-Term/Long-Term (System 2): Crossing the 55-day high (this corresponds to the upper band of a Donchian Channel with a 55-period setting).
Crossing the upper band signals a breakout and serves as the buy signal for a long position (for short positions, crossing below the lower band is used).
Is there anything else I can translate for you, or would you like me to elaborate on the Average True Range (ATR), the other key indicator used by the Turtles?
macd sma20
### MACD_sma20 – Multi-Timeframe MACD Pullback & SMA20 Dashboard
This script is a complete trading toolkit built around a **MACD pullback strategy** combined with **multi-timeframe SMA20 filters**, volume analysis, and a compact information panel.
It is designed for traders who like to:
* Trade **MACD pullbacks above the moving average**
* Track **key SMA20 levels across multiple timeframes** (Daily, 3-Day, Weekly, Monthly)
* Quickly see whether **current price is above or below those reference levels**
* Use **clean visual signals** for entries and exits, instead of staring at raw indicator values
---
### Core Features
#### 1. MACD Pullback Long Signal (Green Triangle Up)
The script detects a **bullish MACD pullback** pattern:
* MACD line is still **above** the signal line
* Both MACD line and histogram **pull back** for several bars
* Then MACD turns back up again, with price trading **above the local SMA20**
When this “pullback and re-acceleration” is confirmed, a **green triangle below the bar** is plotted as a **long entry signal**.
There is also an optional filter:
* **Weekly SMA20 filter**:
If enabled, long signals are only triggered when **current price is above the Weekly SMA20**, helping you stay on the right side of the higher-timeframe trend.
---
#### 2. Bearish Pullback Confirmation Signal (Red Triangle Down)
On the short side, the script detects a **bearish pullback confirmation** based on:
* A recent **high-volume bearish candle** (large down bar with volume above a multiple of the 20-period volume average)
* At least a minimum number of **negative MACD histogram bars**
* MACD line moving closer to the signal line (loss of momentum)
* Price recovering back up near the **top of that high-volume bearish candle**, then starting to fall again while MACD stays positive
When all conditions align, the script prints a **red triangle above the bar**, indicating a **bearish pullback confirmation** – often a good area to take profits on longs or consider short/hedge setups.
---
#### 3. Signal History Tracking
For both long and short signals, the script internally tracks the **most recent three signals**:
* Timestamp of the signal
* Price at the signal
* Short-term percentage change into the signal
This is mainly for internal use and future expansion, but already gives you a structured signal history if you want to extend or connect the logic later.
---
### Multi-Timeframe SMA20 Dashboard (Bottom-Right Panel)
One of the most useful parts of this script is the **compact dashboard table** in the **bottom-right corner** of the chart. It updates in real time and shows:
1. **Current Price**
2. **Daily SMA20** – value + whether price is above/below
3. **3-Day SMA20** – value + whether price is above/below
4. **Weekly SMA20** – value + whether price is above/below
5. **Monthly SMA20** – value + whether price is above/below
6. **RSI** (current timeframe)
For each timeframe’s SMA20:
* If **price ≥ SMA20**, the status cell is **green** with a ✓
* If **price < SMA20**, the status cell is **red** with a ✗
This gives you, at a glance:
* Is the market in a **short-term uptrend or downtrend** (Daily SMA20)?
* Is the **swing / position trend** healthy (3D & Weekly SMA20)?
* Is the broader **macro structure** supportive (Monthly SMA20)?
You don’t need to manually switch timeframes or add multiple moving averages – the script does all of that for you automatically using `request.security`.
---
### Alerts
The script comes with two built-in alert conditions:
* **MACD回踩转多信号 (MACD pullback bullish signal)**
* **空头回抽确认信号 (Bearish pullback confirmation signal)**
You can attach TradingView alerts to these conditions to get notified whenever a new long or bearish-confirmation setup appears, even when you’re not watching the chart.
---
### How to Use It in Your Trading
1. **Choose your main trading timeframe**
* For intraday swing: 15m / 1h / 4h
* For swing / position: 4h / Daily
2. **Watch the bottom-right SMA20 panel**
* If most higher-timeframe SMA20 rows are **green**, you are trading **with the larger trend**.
* If they are **mixed or mostly red**, you’re either counter-trend or in a choppy transition zone.
3. **Use the green MACD pullback signals**
* Prefer long setups when:
* The **Weekly and Monthly SMA20 rows are green**, and
* The signal appears **above the Daily SMA20**
* This stacks multiple edges: trend + pullback + momentum re-acceleration.
4. **Use the red bearish confirmation signals for risk management**
* Take partial profits on longs when a red signal appears near resistance.
* Consider hedge/short opportunities if higher-timeframe SMA20 rows are already red or turning red.
5. **Use RSI as a context indicator**
* Combine with overbought/oversold zones or your own RSI thresholds for additional confirmation.
---
### Why This Script Is Useful
* **Trend awareness across timeframes**:
You always know where current price sits relative to the Daily / 3-Day / Weekly / Monthly SMA20 – without switching charts.
* **Clear, rule-based signals**:
The MACD logic is explicit and systematic, focused on **pullbacks within trends** rather than random crossovers.
* **Volume-aware bearish logic**:
High-volume bearish candles often mark important supply zones. The script builds this idea directly into the short-side confirmation logic.
* **Visual and intuitive**:
Green/Red triangles + Green/Red table cells make it easy to interpret even if you are not a heavy indicator user.
* **Flexible**:
All key parameters (MACD lengths, SMA length, volume threshold, lookback period, RSI length, weekly filter) are customizable, so you can adapt it to different markets (crypto, stocks, FX) and timeframes.
---
In short, this script is a **multi-timeframe MACD pullback system with an integrated SMA20 dashboard**, suitable for swing traders and position traders who want a structured, visually clean way to align entries with trend and momentum while keeping an eye on higher-timeframe levels.
US Leverage Overlay — Margin Debt & Total Credit (YoY / Z-score)What this does
An overlay indicator that brings U.S. leverage proxies from FRED onto your main price chart (left axis). Choose between a proxy for investor margin debt or total credit market debt and view them as YoY %, Z-score of YoY, or an Indexed Level so they’re comparable with price without wrecking the scale.
Data sources (FRED symbols)
--- Margin (investor leverage proxy): FRED:BOGZ1FL663067003Q
Brokers & Dealers; Receivables Due from Customers ≈ margin loans (quarterly).
--- TotalCredit (economy-wide leverage): FRED:TCMDO
All sectors; Debt Securities & Loans; Liability (quarterly).
Note: These are quarterly series. The indicator samples monthly and holds values between official prints, so you’ll see step-like updates when new data drops.
Views (pick one in settings)
--- YoY % — 12-month rate of change. Above 0% = leverage expanding; below 0% = contracting.
--- Z-score (YoY) — Standardizes YoY vs. its recent history to flag unusual moves (regime shifts).
--- Indexed Level — 100 × (level / moving average), a compact “above/below trend” view.
How to read quickly
--- Rising YoY % > 0 → leverage expansion (often supportive for risk).
--- Falling YoY % < 0 → deleveraging headwind.
--- Z-score spikes (±2) → unusually fast changes; watch for volatility or policy inflections.
--- Indexed Level crossing down through 100 → slipping below trend.
Inputs
--- Data source: Margin or TotalCredit
--- YoY/Z-score lookbacks and Index baseline length
--- Overlay: overlay=true, scale=scale.left (uses its own left axis by default)
Tips
--- If it spawns in a sub-pane, right-click the label → Move to → Main chart.
--- For context, consider adding related series on separate panes:
FRED:TOTALSL (Consumer Credit), FRED:REVOLSL (Credit Cards),
FRED:BUSLOANS (C&I Loans), FRED:TDSP (Debt Service Ratio).
--- Occasionally FRED returns “Failed to fetch”; re-add or reload fixes it.
Why it’s useful
Equity drawdowns often line up with turns in leverage (households, corporates, or brokers). This overlay gives you a clean, normalized read so you can spot expansion vs. contraction alongside price action.
Compatibility
--- Pine Script® v6
--- Works on any chart timeframe (data internally sampled monthly)
Educational use only — not financial advice.
Quasimodo Pattern Strategy Back Test [TradingFinder] QM Trading🔵 Introduction
The QM pattern, also known as the Quasimodo pattern, is one of the popular patterns in price action, and it is often used by technical analysts. The QM pattern is used to identify trend reversals and provides a very good risk-to-reward ratio. One of the advantages of the QM pattern is its high frequency and visibility in charts.
Additionally, due to its strength, it is highly profitable, and as mentioned, its risk-to-reward ratio is very good. The QM pattern is highly popular among traders in supply and demand, and traders also use this pattern.
The Price Action QM pattern, like other Price Action patterns, has two types: Bullish QM and Bearish QM patterns. To identify this pattern, you need to be familiar with its types to recognize it.
🔵 Identifying the QM Pattern
🟣 Bullish QM
In the bullish QM pattern, as you can see in the image below, an LL and HH are formed. As you can see, the neckline is marked as a dashed line. When the price reaches this range, it will start its upward movement.
🟣 Bearish QM
The Price Action QM pattern also has a bearish pattern. As you can see in the image below, initially, an HH and LL are formed. The neckline in this image is the dashed line, and when the LL is formed, the price reaches this neckline. However, it cannot pass it, and the downward trend resumes.
🔵 How to Use
The Quasimodo pattern is one of the clearest structures used to identify market reversals. It is built around the concept of a structural break followed by a pullback into an area of trapped liquidity. Instead of relying on lagging indicators, this pattern focuses purely on price action and how the market reacts after exhausting one side of liquidity. When understood correctly, it provides traders with precise entry points at the transition between trend phases.
🟣 Bullish Quasimodo
A bullish Quasimodo forms after a clear downtrend when sellers start losing control. The market continues to make lower lows until a sudden higher high appears, signaling that buyers are entering with strength. Price then pulls back to retest the previous low, creating what is known as the Quasimodo low.
This area often becomes the final trap for sellers before the market shifts upward. A visible rejection or displacement from this zone confirms bullish momentum. Traders usually place entries near this level, stops below the low, and targets at previous highs or the next resistance zone. Combining the setup with demand zones or Fair Value Gaps increases its accuracy.
🟣 Bearish Quasimodo
A bearish Quasimodo forms near the top of an uptrend when buyers begin to lose strength. The market continues to make higher highs until a sudden lower low breaks the bullish structure, showing that selling pressure is entering the market. Price then retraces upward to retest the previous high, forming the Quasimodo high, where breakout buyers are often trapped.
Once rejection appears at this level, it indicates a likely reversal. Traders can enter short near this area, with stop-losses placed above the high and targets near the next support or previous lows. The setup gains more reliability when aligned with supply zones, SMT divergence, or bearish Fair Value Gaps.
🔵 Setting
Pivot Period : You can use this parameter to use your desired period to identify the QM pattern. By default, this parameter is set to the number 5.
Take Profit Mode : You can choose your desired Take Profit in three ways. Based on the logic of the QM strategy, you can select two Take Profit levels, TP1 and TP2. You can also choose your take profit based on the Reward to Risk ratio. You must enter your desired R/R in the Reward to Risk Ratio parameter.
Stop Loss Refine : The loss limit of the QM strategy is based on its logic on the Head pattern. You can refine it using the ATR Refine option to prevent Stop Hunt. You can enter your desired coefficient in the Stop Loss ATR Adjustment Coefficient parameter.
Reward to Risk Ratio : If you set Take Profit Mode to R/R, you must enter your desired R/R here. For example, if your loss limit is 10 pips and you set R/R to 2, your take profit will be reached when the price is 20 pips away from your entry point.
Stop Loss ATR Adjustment Coefficient : If you set Stop Loss Refine to ATR Refine, you must adjust your loss limit coefficient here. For example, if your buy position's loss limit is at the price of 1000, and your ATR is 10, if you set Stop Loss ATR Adjustment Coefficient to 2, your loss limit will be at the price of 980.
Entry Level Validity : Determines how long the Entry level remains valid. The higher the level, the longer the entry level will remain valid. By default it is 2 and it can be set between 2 and 15.
🔵 Results
The following examples show the backtest results of the Quasimodo (QM) strategy in action. Each image is based on specific settings for the symbol, timeframe, and input parameters, illustrating how the QM logic can generate signals under different market conditions. The detailed configuration for each backtest is also displayed on the image.
⚠ Important Note : Even with identical settings and the same symbol, results may vary slightly across different brokers due to data feed variations and pricing differences.
Default Properties of Backtests :
OANDA:XAUUSD | TimeFrame: 5min | Duration: 1 Year :
BINANCE:BTCUSD | TimeFrame: 5min | Duration: 1 Year :
CAPITALCOM:US30 | TimeFrame: 5min | Duration: 1 Year :
NASDAQ:QQQ | TimeFrame: 5min | Duration: 5 Year :
OANDA:EURUSD | TimeFrame: 5min | Duration: 5 Year :
PEPPERSTONE:US500 | TimeFrame: 5min | Duration: 5 Year :
Major exchages total Open interest & Long/Short OI trends📊 Indicator: Major Exchanges Total OI & Long/Short Trends
This Pine Script™ indicator is designed to provide a comprehensive analysis of Open Interest (OI) and Long/Short position trends across major cryptocurrency exchanges (Binance, Bybit, OKX, Bitget, HTX, Deribit). It serves as a powerful tool for traders seeking to understand market liquidity, participant positioning, and overall market sentiment.
🔑 Key Features and Functionalities
Aggregated Multi-Exchange Open Interest (OI):
Consolidates real-time Open Interest data from user-selected major cryptocurrency exchanges.
Provides a unified view of the total OI, offering insights into the collective market liquidity and the aggregate size of participants' open positions.
Visualized Combined OI Candles:
Presents the aggregated total OI data in a candlestick chart format.
Displays the Open, High, Low, and Close of the combined OI, with color variations indicating increases or decreases from the previous period. This enables intuitive visualization of OI trend shifts.
Estimated Long/Short OI and Visualization:
Calculates and visualizes estimated Long and Short position Open Interest based on the total aggregated OI data.
Estimation Logic:
Employs a sophisticated logic that considers both price changes and OI fluctuations to infer the balance between Long and Short positions. For instance, an increase in both price and OI may suggest an accumulation of Long positions, while a price decrease coupled with an OI increase might indicate growing Short positions.
Initial 50:50 Ratio:
The estimation for Long/Short OI begins with an assumption of a 50:50 ratio at the initial data point available for the selected timeframe. This establishes a neutral baseline, from which subsequent price and OI changes drive the divergence and evolution of the estimated Long/Short balance.
Flexible Visualization Options:
Allows users to display Long/Short OI data in either line or candlestick styles, with customizable color schemes. This flexibility aids in clearly discerning bullish or bearish positioning trends.
💡 Development Background
The development of this indicator stems from the critical importance of Open Interest data in the cryptocurrency derivatives market. Recognizing the limitations of analyzing individual exchange OI in isolation, the primary objective was to integrate data from leading exchanges to offer a holistic perspective on market sentiment and overall positioning dynamics.
The inclusion of the Long/Short position estimation feature is crucial for deciphering the specific directional biases of market participants, which is often not evident from raw OI data alone. This enables a deeper understanding of how positions are being accumulated or liquidated, moving beyond simple OI change analysis.
Furthermore, a key design consideration was to leverage the characteristic where the indicator's data start point dynamically adjusts with the chart's timeframe selection. This allows for the analysis of short-term Long/Short trends on shorter timeframes and long-term trends on longer timeframes. This inherent flexibility empowers traders to conduct analyses across various time scales, aligning with their diverse trading strategies.
🚀 Trading Applications
Leveraging Combined Open Interest (OI):
Trend Confirmation: A sustained increase in total OI signifies growing market interest and capital inflow, potentially confirming the strength of an existing trend. Conversely, decreasing OI may suggest diminishing participant interest or widespread position liquidation.
Validation of Price Extremes: If price forms a new high but OI fails to increase or declines, it could signal a potential trend reversal (divergence). Conversely, a sharp increase in OI during a price decline might indicate a surge in short positions or renewed selling pressure.
Identifying Volatility Triggers: Monitoring rapid shifts in OI during significant news events or market catalysts can help assess immediate market reactions and liquidity changes.
📈Utilizing Long/Short OI Trends
Assessing Market Bias: A sustained dominance or rapid increase in Long OI suggests a prevalent bullish sentiment, which could inform decisions to enter or maintain long positions. The inverse scenario indicates bearish sentiment and potential short entry opportunities.
Anticipating Squeezes: The indicator can help identify scenarios conducive to short or long squeezes. Excessive short positioning followed by a price uptick can trigger a short squeeze, leading to rapid price appreciation. Conversely, an oversupply of long positions preceding a price drop can result in a long squeeze and sharp declines.
Divergence Analysis: Divergences between price action and Long/Short OI estimates can signal potential trend reversals. For example, if price is rising but the increase in Long OI slows down or Short OI begins to grow, it may suggest weakening buying pressure.
🕔Timeframe-Specific Trend Analysis:
Shorter Timeframes (e.g., 1m, 5m, 15m): Ideal for identifying short-term shifts in participant positioning, beneficial for day trading and scalping strategies. Provides insights into immediate market reactions to price movements.
Longer Timeframes (e.g., 1h, 4h, Daily): Valuable for evaluating broader positioning trends and the sustainability or potential reversal of medium-to-long-term trends. Offers a macro perspective on Long/Short dynamics, suitable for swing trading or long-term investment strategies.
This indicator integrates complex market data, provides nuanced Long/Short position estimations, and offers multi-timeframe analytical capabilities, empowering traders to make more informed and strategic decisions.
