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Strat Signal Scanner (5/15/30/60/D) - Part 1 ** PLEASE READ BEFORE USING THIS INDICATOR ** This indicator is strictly for helping people like myself learn 'The Strat' method by Rob Smith. This indicator DOES NOT provide trading advice or trade entry signals! This scanner is Part 1 only. Please use with Strat Signal Scanner's (5/15/30/60/D) Part 2 and 3 for full function. A demo video of this indicator is available: Change indicators label color’s and adjust scanner window as required. Strat Signal and Setup Scanner (5/15/30/60/D) - Part 1/2/3 version is also available. Strat Signal and Setup Scanner (5/15/30/60/D) - Part 1, 2 and 3 features: Strat Signal Scanner - Part 1 - (The Current bar’s condition with Hammer / Shooting Star combos if identified) Inside Bar 2UP 2DOWN Outside Bar Shooting Star (signal will trigger when candle is forming live not after the candle has closed allowing you to prepare) Hammer (signal will trigger when candle is forming live not after the candle has closed allowing you to prepare) Shooter-Hammer (signal will trigger when pattern is forming live AND after both the Shooter and Hammer candles have closed giving you the new bar to action) Hammer-Shooter (signal will trigger when pattern is forming live AND after both the Shooter and Hammer candles have closed giving you the new bar to action) Strat Signal Setup Scanner - Part 2 - (Previous Bar + Current bar to identify setups) 2U-1 2D-1 3-1 1-2U 1-2D 1-3 3-2U 3-2D Strat Signal Setup Scanner - Part 3 - (Previous two bars + Current bar to identify setups) 3-1-2U 3-1-2D 2U-1-2U 2D-1-2D 2U-1-2D 2D-1-2U 1-2U-2D 1-2D-2U How to use the Strat Signal and Setup Scanner? Open the 3 indicators in order starting with Part 1, Part 2 then Part 3. That way the scanner headings (5/15/30/60/D) will line up with the setups signals. IMPORTANT: For the scan to work across ALL Timeframe Groups (5/15/30/60/D) successfully you must open a 5min chart on the stock you want to scan. Once the scan results are displayed with the 5min chart open you can then click on a 15/30/60/D chart to see the setups. But do not pay attention to the new lower timeframe scan results when you have a higher timeframe chart open as they will be incorrect. For an example: a Successful (5/15/30/60/D) Scan = after you open a 5min chart only. If you open the 15min chart the (15/30/60/D) scan results will be correct but the 5min scan results will be incorrect. If you open the 30min chart the (30/60/D) results will be correct but the 5 and 15 scan results will be incorrect always go back to the 5min chart to correct. This anomaly if due to a historical data issue with pine script. How to change the Scanner Labels and Text Color’s? Color’s changed within the Indicator Settings. After you choose your color's on the 'Inputs' page make sure you click the drop down arrow next to 'Defaults' (bottom left of the indicator settings) and then click 'Save As Default' to save your personalised indicator preferences. How to create an Alert? With a 1HR chart open click on Add Alert. Change Condition to Strat Signal Scanner Part 1, Part or Part 3 Now select signal/setup in drop down box below example: ‘Inside 60’ Click Create A Warning will appear, click ‘Continue anyway’. An alert is now set.
Pine Script® göstergesi
wolffnbear tarafından
2
Strat Signal Setup Scanner (60/D/W/M/Q) - Part 3** PLEASE READ BEFORE USING THIS INDICATOR ** This indicator is strictly for helping people like myself learn 'The Strat' method by Rob Smith. This indicator DOES NOT provide trading advice or trade entry signals! This scanner is Part 3 only. Please use with Strat Signal Scanner's (60/D/W/M/Q) Part 1 and 2 for full function. A demo video of this indicator is available: Change indicators label color’s and adjust scanner window as required. Intraday Strat Signal and Setup Scanner (5/15/30/60/D) - Part 1/2/3 version is also available. Strat Signal and Setup Scanner (60/D/W/M/Q) - Part 1, 2 and 3 features: Strat Signal Scanner - Part 1 - (The Current bar’s condition with Hammer/Shooting Star combos if identified) Inside Bar 2UP 2DOWN Outside Bar Shooting Star   (signal will trigger when candle is forming live not after the candle has closed allowing you to prepare) Hammer  (signal will trigger when candle is forming live not after the candle has closed allowing you to prepare) Shooter-Hammer (signal will trigger when pattern is forming live AND after both the Shooter and Hammer candles have closed giving you the new bar to action) Hammer-Shooter (signal will trigger when pattern is forming live AND after both the Shooter and Hammer candles have closed giving you the new bar to action) Strat Signal Setup Scanner - Part 2 - (Previous Bar + Current bar to identify setups) 2U-1 2D-1 3-1 1-2U 1-2D 1-3 3-2U 3-2D Strat Signal Setup Scanner - Part 3 - (Previous two bars + Current bar to identify setups) 3-1-2U 3-1-2D 2U-1-2U 2D-1-2D 2U-1-2D 2D-1-2U 1-2U-2D 1-2D-2U How to use the Strat Signal and Setup Scanner? Open the 3 indicators in order starting with Part 1, Part 2 then Part 3. That way the scanner headings (60/D/W/M/Q) will line up with the setups signals. IMPORTANT: For the scan to work across ALL Timeframe Groups (60/D/W/M/Q) successfully you must open a 1HR (60min) chart on the stock you want to scan. Once the scan results are displayed with the 1HR chart open you can then click on a Daily, Weekly, Monthly or Quarter chart to see the setups. But do not pay attention to the new lower timeframe scan results when you have a higher timeframe chart open as they will be incorrect. For an example: a Successful (60/D/W/M/Q) Scan = after you open a 1HR chart only. If you open the Daily chart the (D/W/M/Q) scan results will be correct but the 60 scan results will be incorrect. If you open the Weekly chart the (W/M/Q) results will be correct but the 60 and Daily scan results will be incorrect always go back to the 1HR chart to correct. This anomaly if due to a historical data issue with pine script. How to change the Scanner Labels and Text Color’s? Color’s changed within the Indicator Settings. After you choose your color's on the 'Inputs' page make sure you click the drop down arrow next to 'Defaults' (bottom left of the indicator settings) and then click 'Save As Default' to save your personalised indicator preferences. How to create an Alert? With a 1HR chart open click on Add Alert. Change Condition to Strat Signal Scanner Part 1, Part or Part 3 Now select signal/setup in drop down box below example: ‘Inside 60’ Click Create A Warning will appear now click ‘Continue anyway’. An alert is now set.
Pine Script® göstergesi
wolffnbear tarafından
Strat Signal Setup Scanner (60/D/W/M/Q) - Part 2** PLEASE READ BEFORE USING THIS INDICATOR ** This indicator is strictly for helping people like myself learn 'The Strat' method by Rob Smith. This indicator DOES NOT provide trading advice or trade entry signals! This scanner is Part 2 only. Please use with Strat Signal Scanner's (60/D/W/M/Q) Part 1 and 3 for full function. A demo video of this indicator is available: Change indicators label color’s and adjust scanner window as required. Intraday Strat Signal and Setup Scanner (5/15/30/60/D) - Part 1/2/3 version is also available. Strat Signal and Setup Scanner (60/D/W/M/Q) - Part 1, 2 and 3 features: Strat Signal Scanner - Part 1 - (The Current bar’s condition with Hammer/Shooting Star combos if identified) Inside Bar 2UP 2DOWN Outside Bar Shooting Star   (signal will trigger when candle is forming live not after the candle has closed allowing you to prepare) Hammer  (signal will trigger when candle is forming live not after the candle has closed allowing you to prepare) Shooter-Hammer (signal will trigger when pattern is forming live AND after both the Shooter and Hammer candles have closed giving you the new bar to action) Hammer-Shooter (signal will trigger when pattern is forming live AND after both the Shooter and Hammer candles have closed giving you the new bar to action) Strat Signal Setup Scanner - Part 2 - (Previous Bar + Current bar to identify setups) 2U-1 2D-1 3-1 1-2U 1-2D 1-3 3-2U 3-2D Strat Signal Setup Scanner - Part 3 - (Previous two bars + Current bar to identify setups) 3-1-2U 3-1-2D 2U-1-2U 2D-1-2D 2U-1-2D 2D-1-2U 1-2U-2D 1-2D-2U How to use the Strat Signal and Setup Scanner? Open the 3 indicators in order starting with Part 1, Part 2 then Part 3. That way the scanner headings (60/D/W/M/Q) will line up with the setups signals. IMPORTANT: For the scan to work across ALL Timeframe Groups (60/D/W/M/Q) successfully you must open a 1HR (60min) chart on the stock you want to scan. Once the scan results are displayed with the 1HR chart open you can then click on a Daily, Weekly, Monthly or Quarter chart to see the setups. But do not pay attention to the new lower timeframe scan results when you have a higher timeframe chart open as they will be incorrect. For an example: a Successful (60/D/W/M/Q) Scan = after you open a 1HR chart only. If you open the Daily chart the (D/W/M/Q) scan results will be correct but the 60 scan results will be incorrect. If you open the Weekly chart the (W/M/Q) results will be correct but the 60 and Daily scan results will be incorrect always go back to the 1HR chart to correct. This anomaly if due to a historical data issue with pine script. How to change the Scanner Labels and Text Color’s? Color’s changed within the Indicator Settings. After you choose your color's on the 'Inputs' page make sure you click the drop down arrow next to 'Defaults' (bottom left of the indicator settings) and then click 'Save As Default' to save your personalised indicator preferences. How to create an Alert? With a 1HR chart open click on Add Alert. Change Condition to Strat Signal Scanner Part 1, Part or Part 3 Now select signal/setup in drop down box below example: ‘Inside 60’ Click Create A Warning will appear now click ‘Continue anyway’. An alert is now set.
Pine Script® göstergesi
wolffnbear tarafından
1
Strat Signal Scanner (60/D/W/M/Q) - Part 1** PLEASE READ BEFORE USING THIS INDICATOR ** This indicator is strictly for helping people like myself learn 'The Strat' method by Rob Smith. This indicator DOES NOT provide trading advice or trade entry signals! This scanner is Part 1 only. Please use with Strat Signal Scanner's (60/D/W/M/Q) Part 2 and 3 for full function. A demo video of this indicator is available: Change indicators label color’s and adjust scanner window as required. Intraday Strat Signal and Setup Scanner (5/15/30/60/D) - Part 1/2/3 version is also available. Strat Signal and Setup Scanner (60/D/W/M/Q) - Part 1, 2 and 3 features: Strat Signal Scanner - Part 1 - (The Current bar’s condition with Hammer/Shooting Star combos if identified) Inside Bar 2UP 2DOWN Outside Bar Shooting Star   (signal will trigger when candle is forming live not after the candle has closed allowing you to prepare) Hammer  (signal will trigger when candle is forming live not after the candle has closed allowing you to prepare) Shooter-Hammer (signal will trigger when pattern is forming live AND after both the Shooter and Hammer candles have closed giving you the new bar to action) Hammer-Shooter (signal will trigger when pattern is forming live AND after both the Shooter and Hammer candles have closed giving you the new bar to action) Strat Signal Setup Scanner - Part 2 - (Previous Bar + Current bar to identify setups) 2U-1 2D-1 3-1 1-2U 1-2D 1-3 3-2U 3-2D Strat Signal Setup Scanner - Part 3 - (Previous two bars + Current bar to identify setups) 3-1-2U 3-1-2D 2U-1-2U 2D-1-2D 2U-1-2D 2D-1-2U 1-2U-2D 1-2D-2U How to use the Strat Signal and Setup Scanner? Open the 3 indicators in order starting with Part 1, Part 2 then Part 3. That way the scanner headings (60/D/W/M/Q) will line up with the setups signals. IMPORTANT: For the scan to work across ALL Timeframe Groups (60/D/W/M/Q) successfully you must open a 1HR (60min) chart on the stock you want to scan. Once the scan results are displayed with the 1HR chart open you can then click on a Daily, Weekly, Monthly or Quarter chart to see the setups. But do not pay attention to the new lower timeframe scan results when you have a higher timeframe chart open as they will be incorrect. For an example: a Successful (60/D/W/M/Q) Scan = after you open a 1HR chart only. If you open the Daily chart the (D/W/M/Q) scan results will be correct but the 60 scan results will be incorrect. If you open the Weekly chart the (W/M/Q) results will be correct but the 60 and Daily scan results will be incorrect always go back to the 1HR chart to correct. This anomaly if due to a historical data issue with pine script. How to change the Scanner Labels and Text Color’s? Color’s changed within the Indicator Settings. After you choose your color's on the 'Inputs' page make sure you click the drop down arrow next to 'Defaults' (bottom left of the indicator settings) and then click 'Save As Default' to save your personalised indicator preferences. How to create an Alert? With a 1HR chart open click on Add Alert. Change Condition to Strat Signal Scanner Part 1, Part or Part 3 Now select signal/setup in drop down box below example: ‘Inside 60’ Click Create A Warning will appear now click ‘Continue anyway’. An alert is now set.
Pine Script® göstergesi
wolffnbear tarafından
2
Shark 32 Pattern ProHello Traders! The Shark32 pattern comprises multiple inside bars —each candle’s high/low is contained within the previous candle’s range—creating a tight consolidation zone. Once price breaks out, volatility frequently expands, producing sharper moves. The pattern is known for its relatively high continuation rate and the ability to offer tight risk/reward setups. It also calculates statistics, highlights stop/target levels, and offers fully customizable visuals so you can adapt the tool to your trading style. Key Features : Detects Shark 32 With Unlimited Inside Bars: Automatically spots consecutive inside candles (not limited to just two), enabling you to catch more nuanced patterns. Highlights Breakout: Clear visual lines and labels mark where price breaks above/below the pattern boundary. Stop-Loss & Profit Targets: Draws a suggested stop-loss line and a projected target line, helping you manage risk and set profit objectives quickly. Statistics & Analysis: A built-in statistics table tracks pattern frequency, breakouts, stop-hits, target-hits, and more—helping you refine your strategy over time. Fully Customizable Visuals: Control line styles, colors, breakout labels, box fill, and more to fit your preference or chart theme. Quick Resolutions: This pattern forms fast and typically resolves within just a few bars, appealing to short-term traders. Statistics at a Glance (based on Bulkowski's studies): Continuation Bias : ~60% continuation bias. Measured Move : 70%+ of bullish breakouts (in bull markets) reach the measured move. Throwback : ~64% chance price retraces to the breakout level after an upside break. Trend Alignment : Historically, success rates improve when trading in line with the larger trend. How to Trade with This Indicator : Identifying the Pattern : Wait till a Shark 32 pattern is formed. Entry Rule : Enter on a confirmed close above the pattern high (for bullish) or below the pattern low (for bearish). Stop Placement : Place stops a few ticks beyond the opposite side of the pattern. Tight ranges = small risk. Or use the mid-range of the pattern as a stop level. Target Options : Aim for Risk/Reward Ratio of 2R or 3R to capture a strong follow-through. Alternatively, use the measured move of the first bar's height as a target. Tips for Better Reliability: Trend Alignment : Shark 32 breakouts usually work best in the direction of the broader market or trend. Confirmation : Look for a significant volume increase at the breakout—helps filter out “fake” moves. Throwback Awareness : ~64% of upside breakouts retest the pattern boundary; stay patient if you see a pullback. Risk Management : Maintain tight stops and consider using alerts for activation/breakout signals. Why This Indicator? Clear Visuals : Highlights the pattern boundary, breakout lines, and potential stop/target levels. Customizable : Lets you adjust line styles, risk parameters, alerts, and statistics display. Statistical Edge : Built-in table aggregates pattern counts, success/failure rates, and average durations. Final Thoughts: This Shark 32 Pro indicator gives you a systematic way to spot—and trade—a compact yet powerful three-candle formation. Combine it with solid risk management and trend analysis for best results. Monitor volume and confirm breakouts with a candle close beyond the pattern’s range. While the pattern can fail, tight stops and clear targets help keep your trading efficient and disciplined.
Pine Script® göstergesi
TRN-Trading tarafından
Higher Time Frame Fair Value Gap [ZeroHeroTrading]A fair value gap (FVG) highlights an imbalance area between market participants, and has become popular for technical analysis among price action traders. A bullish (respectively bearish) fair value gap appears in a triple-candle pattern when there is a large candle whose previous candle’s high (respectively low) and subsequent candle’s low (respectively high) do not fully overlap the large candle. The space between these wicks is known as the fair value gap. The following script aims at identifying higher timeframe FVG's within a lower timeframe chart. As such, it offers a unique perspective on the formation of FVG's by combining the multiple timeframe data points in the same context. You can change the indicator settings as you see fit to achieve the best results for your use case. Features It draws higher timeframe bullish and bearish FVG's on the chart. For bullish (respectively bearish) higher timeframe FVG's, it adds the buying (respectively selling) pressure as a percentage ratio of the up (respectively down) volume of the second higher timeframe bar out of the total up (respectively down) volume of the first two higher timeframe bars. It adds a right extended trendline from the most recent lowest low (respectively highest high) to the top (respectively bottom) of the higher timeframe bullish (respectively bearish) FVG. It detects and displays higher timeframe FVG's as early as one starts forming. It detects and displays lower timeframe (i.e. chart's timeframe) FVG's upon confirmation. It allows for skipping inside first bars when evaluating FVG's. It allows for dismissing higher timeframe FVG's if there is no update for any period of the chart's timeframe. For instance, this can occur at lower timeframes during low trading activity periods such as extended hours. Settings Higher Time Frame FVG dropdown: Selects the higher timeframe to run the FVG detection on. Default is 15 minutes. It must be higher than, and a multiple of, the chart's timeframe. Higher Time Frame FVG color select: Selects the color of the text to display for higher timeframe FVG's. Default is black. Show Trend Line checkbox: Turns on/off trendline display. Default is on. Show Lower Time Frame FVG checkbox: Turns on/off lower timeframe (i.e. chart's timeframe) FVG detection. Default is on. Show Lower Time Frame FVG color select: Selects the color of the border for lower timeframe (i.e. chart's timeframe) FVG's. Default is white. Include Inside Bars checkbox: Turns on/off the inclusion of inside first bars when evaluating FVG's. Default is on. With Consistent Updates checkbox: Turns on/off consistent updates requirement. Default is on.
Pine Script® göstergesi
ZeroHeroTrading tarafından
20
HBK Price Action Strategy HBKPrice Action Strategy for XAUUSD with a Favorable Risk-Reward Ratio Understanding the Strategy: This strategy leverages price action principles to identify potential entry and exit points for XAUUSD on a 5-minute timeframe. The core idea is to identify price action patterns that suggest a high probability of a particular direction, and then to set stop-loss and take-profit levels to manage risk and reward. Key Price Action Patterns to Watch: Pin Bar: A pin bar is a candlestick with a long wick in one direction and a small body in the opposite direction. It often signals a reversal in the current trend. Inside Bar: An inside bar forms when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low. It often indicates indecision or a potential breakout.   Engulfing Pattern: An engulfing pattern occurs when the current candle completely engulfs the previous candle. A bullish engulfing pattern signals a potential uptrend, while a bearish engulfing pattern signals a potential downtrend. Risk-Reward Ratio: A favorable risk-reward ratio is crucial for long-term trading success. Aim for a minimum risk-reward ratio of 1:2, meaning you risk $1 to potentially gain $2. Entry and Exit Signals: Long Entry: Identify a bullish pin bar or engulfing pattern. Wait for a confirmation candle to close above the pin bar's high or the engulfing pattern's high. Place a stop-loss below the recent swing low. Set a take-profit target at a key resistance level or a multiple of the stop-loss distance. Short Entry: Identify a bearish pin bar or engulfing pattern. Wait for a confirmation candle to close below the pin bar's low or the engulfing pattern's low. Place a stop-loss above the recent swing high. Set a take-profit target at a key support level or a multiple of the stop-loss distance. Additional Tips: Use Support and Resistance Levels: Identify key support and resistance levels to set your stop-loss and take-profit targets. Consider Market Sentiment: Pay attention to market sentiment and news events that may impact gold prices. Manage Risk: Always use stop-loss orders to limit potential losses. Be Patient: Don't force trades. Wait for high-probability setups. Practice Discipline: Stick to your trading plan and avoid impulsive decisions. Remember: Price action trading requires practice and patience. Backtest your strategy on historical data to refine your approach. Always adapt to changing market conditions. By following these guidelines and practicing disciplined risk management, you can increase your chances of success in trading XAUUSD on a 5-minute timeframe.
Pine Script® göstergesi
hanamantkullurtrader tarafından
Inside Candle alert V1 By HARSH DEO SINGHA breakout long signal is generated when the current high crosses above the previous mother bar's high, and it's an inside bar. A breakdown short signal is generated when the current low crosses below the previous mother bar's low, and it's an inside bar. The script plots triangle shapes below breakout long signals and above breakdown short signals. Alert conditions are added for inside bars, breakout long, and breakdown short. Please note that this is a basic example, and you can further refine and optimize your strategy based on your specific trading rules and preferences. Always remember to backtest and paper trade any strategy before using it with real money.
Pine Script® göstergesi
HARSHBXR tarafından
1
Gann swings [promuckaj]This indicator is a tool that could help the users what the market trend is at any time, based on legendary trader, Mr. William D. Gann . Gann it self called this the “Trendline Indicator”, but modern traders call it Swing. Gann’s primary use his techniques in correlation with this trading tool helping him achieve his phenomenal trading results. Gann swings automatically displays the swing chart and trend on any timeframe you choose. There is option to set desired color and width of the trend line. There is 3 types of settings to determine the swings, from 1 to 3 which represent the number of bars as confirmation for the swing bar. Default is 2. There is labels on bars that gives information about each bar, is it up, down, inside or outside bar. This can be turned off/on. 🡱 - Up bar 🡳 - Down bar ⬍ - Outside bar x - Inside bar Indicator is also fully customizable to display break-out lines, which indicate potential trend changes ahead of time. There is option to choose whether you want to mark only first breaks in a row or you want all of them in case there is multiple ones in the same direction. Gann swings is an indicator that EVERY trader and investor should have, it can provide vital information that can help to determine the trend of any market and information about the upswings and downswings. Everyone enjoy trading ! P.S.: I have in my mind some additional features as upgrade that can include data about each swing, like data for tops/bottoms date, time, price, range in % between swings, and bar count of each swing that is formed on the chart.
Pine Script® göstergesi
promuckaj tarafından
3
Intrabar Volume Distribution [BigBeluga]Intrabar Volume Distribution is an advanced volume and order flow indicator that visualizes the buy and sell volume distribution within each candlestick. 🔔 Before Use: Turn off the background color of your candles for clear visibility. Overlay the indicator on the top layout to ensure accurate alignment with the price chart. 🔵 Key Features: Inside Bar Volume Visualization: Each candlestick is divided into two columns: Left column displays the sell % volume amount. Right column displays the buy % volume amount. Provides a clear representation of buyer-seller activity within individual bars. Percentage Volume Labels: Labels above each bar show the percentage share of sell and buy volume relative to the total (100%). Quickly assess market sentiment and volume imbalances. Point of Control (POC) Levels: Orange dashed lines mark the POC inside each bar, indicating the price level with the highest traded volume. Helps identify key liquidity zones within individual candlesticks. Multi-Timeframe Volume Analysis: The indicator automatically uses a timeframe 20-30 times lower than the current one to gather detailed volume data. For each higher timeframe candle, it collects 20-30 bars of lower timeframe data for precise volume mapping. Each bar is divided into 100 volume bins to capture detailed volume distribution across the price range. Bins are filled based on the aggregated volume from the lower timeframe data. Lookback Period: Allows traders to select how many bars to display with delta and volume information. The beginning of the selected lookback period is marked with a gray line and label for quick reference. Indicator displays up to 80 bars back 🔵 Usage: Order Flow Analysis: Monitor buy/sell volume distribution to spot potential reversals or continuations. Liquidity Identification: Use POC levels to locate areas of strong market interest and potential support/resistance. Volume Imbalance Detection: Pay attention to percentage labels for quick recognition of buyer or seller dominance. Scalping & Intraday Trading: Ideal for traders seeking real-time insight into order flow and volume behavior. Historical Analysis: Adjust the lookback period to analyze past price action and volume activity. Intrabar Volume Distribution is a powerful tool for traders aiming to gain deeper insight into market sentiment through detailed volume analysis, allowing for more informed trading decisions based on real-time order flow dynamics.
Pine Script® göstergesi
BigBeluga tarafından
14
RM StratThis is my attempt to code up the rules of "The Strat." I've seen other scripts that do parts of what my script does, but this script combines all of them into one script and allows the user control over how they interact with each other. What's in this indicator? Show the Strat Candle Numbers (1 - inside bar, 2 - continuation bar, 3 - outside bar) on the chart. Show a widget off to the right of the chart for multi-timeframe analysis. This widget tells you whether the D/W/M/Q candles are currently green or red as well as the Candle type (White Circle - (1) Inside Bar, Up Green Arrow - (2U) Continuation Bar, Down Red Arrow - (2D) Continuation Bar, Green/Red Square - (3) Outside Bar) Integrates the long and short rules into the chart. These can also be turned off if you don't want to see them. Note: this is a simplified version of these rules - if you look at the cheat sheets floating around the internet, you'll notice that all trade initiations occur on a break of the high (for longs) or low (for shorts) of the previous candle as long as that previous candle was not a 2. So that's my only rule for going long or short. I think it matches well with the cheat sheets but is way simpler to code and to think of how it works. The other benefit is it shows you failed trades that the cheat sheet won't catch - where a 2 becomes a 3 in the other direction and stops you out. You'll see that now with this script. Ability to filter out the long/short rules based on the timeframe continuity of the higher timeframe candles. This is user-configurable so that you can experiment with timeframe continuity and see how strict you want to be with this on your trades. Show the high/low of the Day, Week, and Month on your chart as horizontal lines that you can use as a reference. This could be used for planning profit targets or seeing how likely a reversal might indicate moving into timeframe continuity.
Pine Script® göstergesi
millerrh tarafından
9
Active Ranges Detector 1. Purpose The script identifies and manages bar ranges, which are defined as bars where the high and low prices are fully contained within the high and low of the previous bar. These ranges are used by traders to identify potential breakouts and price consolidations. 2. Key Features Active Range Validation A potential range becomes an active range when the price breaks out of the bar’s high or low. The breakout direction is tracked: • Upward breakout: When the price closes above the high of the range. • Downward breakout: When the price closes below the low of the range. The script creates: • Lines to represent the high and low of the range. • A colored background box to indicate the range, with color coded for breakout direction: • Green: Upward breakout. • Orange: Downward breakout. Range Updates • Exit Detection: The script detects if the price exits the range (moves outside the high or low levels). • Reintegration and Mitigation: • If the price re-enters an exited range, it marks the range as “mitigated.” • The lines for mitigated ranges are updated (color and width are changed). • The background box is removed for mitigated ranges. 3. User Inputs The script provides customization options: • Breakout Colors: • upBreakoutColor: Background color for upward breakout ranges (default: semi-transparent green). • downBreakoutColor: Background color for downward breakout ranges (default: semi-transparent orange). • Mitigated Range Styling: • mitigatedLineColor: Line color for mitigated ranges (default: red). • mitigatedLineWidth: Width of the line for mitigated ranges. • Line and Background Settings: • activeLineWidth: Width of lines for active ranges. • lineExtension: Length of line extensions beyond the range’s initial boundaries. • Range Display Limits: • maxActiveRanges: Maximum number of active ranges to display on the chart (default: up to 200). 4. Visualization The script provides clear visual feedback for identified ranges: • Lines: High and low levels of the range are drawn as lines on the chart. • Background Boxes: Colored boxes are drawn to represent active ranges, with breakout direction indicated by the box’s color. • Mitigation Styling: Mitigated ranges have updated line styles and no background. 5. Range Management The script actively manages ranges: • Tracks the status of each range (active, exited, reintegrated, mitigated). • Limits the number of displayed ranges to improve chart readability and comply with TradingView’s object limits. 6. Use Case This script is ideal for traders who: • Use inside bars to identify areas of consolidation and breakout opportunities. • Want to track active and mitigated ranges automatically. • Need a clear, visual representation of ranges and breakout directions. 7. Limitations • Inside bars are identified based only on the current and previous bar, so the script might not detect more complex consolidation patterns. • The maximum number of ranges displayed is limited to the user-defined value (maxActiveRanges), with a hard limit of 200 due to TradingView’s object restrictions.
Pine Script® göstergesi
Nemesis_Investor tarafından
Tweak Strat Candle ColorThis script allows traders to customize candlestick colors based on The Strat trading system developed by Rob Smith. The script determines if the current candle is an inside bar (1), outside bar (3), directional up (2u) , or directional down (2d). An inside bar is a candle that trades fully within the previous candle. An outside bar breaks both the high and the low of the previous candle. A directional up bar breaks the high of the previous candle but NOT the low of the previous candle. A directional down bar breaks the low of the previous candle but NOT the high of the previous candle. The trader can modify the colors they wish to use in the settings menu. NOTE: You must select "Visual order - Bring to front" If you do not, the custom colors will disappear when you click the chart window.
Pine Script® göstergesi
Tweakfuzz tarafından
Candlestick Pattern Detector - Aitch-TThis script detects the following candlestick patterns: Bullish Patterns: - Normal 3 Bar Fractal - Enhanced 3 Bar Fractal - Engulfing - Harami ( Inside bar ) - Bullrami (Altenate Bull Harami) Bearish Patterns: - Normal 3 Bar Fractal - Enhanced 3 Bar Fractal - Engulfing - Harami ( Inside bar ) - Bearami (Alternate Bear Harami) - Shooting Star How it works: - When you add the script to your chart, green and red dots will appear at the top and the bottom of the chart. - Red dots at the top of the chart point out the candles that have completed a bearish pattern . - Green dots at the bottom of the chart point out the candles that have completed a bullish pattern . How to use: Use it in conjunction with other analysis tools ( Fibonacci Retracements, Histogram, Willy, RSI , volume , etc) to determine high probability levels.
Pine Script® göstergesi
Aitch-T tarafından
5
ck - Inner Bars Indicator with Alerts and Trailing Stop v1*** Please check out the matching Strategy to accompany this Indicator to allow you to fully backtest! *** Inner Bar trading strategy is where the "inside" bar (or candle to the right) within a pair is smaller and within the high to low range of the prior bar, as this pattern tends to be somewhat predictable; especially in "chop" or sideways trading, it is useful to have in your tool box. Features include: Complimentary strategy you can add as well as the indicator to backtest and tune your settings before live trading Trailing Stoploss to wring every cent from a trade Clear Alert labels have been coded in for use with trading bots, 3commas is recommended. Enable/Disable Shorts in addition to Longs Visual chart shapes - Pink Triangle = Long, Purple Triangle = Short, Thin Green Arrow = Profit, Thin Red Arrow = Loss Realtime Deal Status - Plotlines include Yellow = Entry Price, Green = Trailing Stop Profit, Red - Hard Stoploss A further feature is that you can disable Shorts (therefore only Longing) for use with exchanges that only allow you to Long, such as Binance & Coinbase. Additionally, this Indicator will close a trade before opening the next, so a single exchange account (BitMEX for example) is all that is required versus having separate accounts to long or short on the same chart. This strategy is intended to use $100 of capital, traded at 2.5% per order with 10x lev on Bitmex. If you like my work, please use my referral links (you will receive discounts!) 3commas trading bots (now with Bitmex support and a lot more!) - 3commas.io BitMEX - www.bitmex.com If you have any comments or suggestions, please message me via TradingView. Based on the core "Inner Bars" concept found at: backtest-rookies.com with original inspiration/idea from babypips.com
Pine Script® göstergesi
ChrisKaye tarafından
Candlestick PatternsThis versatile candlestick patterns indicator combines traditional pattern recognition with trend detection and advanced alerting capabilities. It identifies key candlestick formations while validating them against market context through trend analysis. ### Features 🎯 Pattern Detection: • Morning Star & Evening Star • Hammer & Inverted Hammer • Hanging Man • Shooting Star • Inside Bar 📈 Smart Trend Detection: • Multiple methods available: - EMA (14, 28) - SMA (50, 200) - ZigZag - Combined methods - No trend detection option 🎨 Visual Signals: • Clear up/down arrows • Pattern labels with tooltips • Optional ZigZag visualization • Color-coded inside bars ⚡ Advanced Alerts: • JSON-formatted alerts with complete market data: - OHLCV data - Pattern information - Market context - Time and symbol details • Standard TradingView alerts • Custom alert messages • Token-based authentication ### Settings ▶️ ZigZag Parameters: • Depth: Controls sensitivity • Deviation: Fine-tunes pattern detection • Backstep: Adjusts repainting behavior • Visual customization options ▶️ Pattern Detection: • Morning/Evening Star thresholds • Hammer pattern sensitivity • Inside bar visualization ▶️ Trend Detection: • Multiple methods to choose from • Combinable indicators for better accuracy ▶️ Alert Configuration: • Customizable JSON template • Token authentication • Complete market data output ### How to Use 1. Add indicator to your chart 2. Choose preferred trend detection method 3. Adjust pattern parameters if needed 4. Set up alerts with your JSON template 5. Monitor for validated patterns ### Trading Tips • Wait for pattern confirmation with trend alignment • Use support/resistance validation • Combine with other technical indicators • Consider volume analysis • Use alerts for automated trading systems ### Disclaimer This indicator is for educational and informational purposes only. Always perform your own analysis and validation before trading. Good luck trading! 📈 #patterns #candlesticks #technical #alerts #trading #strategy
Pine Script® göstergesi
s_d_t tarafından
Al Brooks - SuiteThis indicator is designed to identify some key terms and methodologies inspired by Al Brooks price action. It helps trades to easy recognize for example i/ii/iii patterns or shaved bars defined in his books. i/ii/iii : Single to triple inside bars. Every bar an inside bar to the previous. This can indiciate a potential contination or reversal pattern. (marked with "i") o/oo/ooo : Single to triple outside bars. Not defined by Al Brooks, but could be an interesting area to develop a strategy. (marked with "o") Shaved bar : A bar with little or no tail/wick on one or both sides. It can indicate strong directional movement or momentum. (marked with "s" The timeframe is not important for the validation of the patterns.
Pine Script® göstergesi
headcode tarafından
7
SMC Fake Zones + InsideBarThis indicator is useful for whom trade with "Smart Money Concept (SMC)" strategy. It helps SMD traders to identify fake or weak zones in the chart, So they can avoid taking position in this zones. This indicator marks "Asia session" as well as "London and New York's Lunch Time (one hour before London and NY session starts)" zones. It also marks Inside Bar candles which SMC trades consider as order flow. You can mark every Inside Bar or only those with opposite color via setting options. *** As we know in SMC rules 1- Supply and Demand zones in "Asia session and Lunch Times" are fake zones for SMC trading and price will engulf them in most of times. 2- "Asia session high and low" has huge liquidity and usually price sweep that in London session. This indicator will helps traders to visually identify those Fake zones and Asia session liquidity. * You can change session times based on your time zone in settings. * You can set options to show all Inside Bars or only with Opposite color in settings.
Pine Script® göstergesi
UnknownUnicorn2078160 tarafından
Displacement Order Blocks ~ DOB [Liquidity_Pro]Displacement Order Blocks (DOB) This indicator shows order blocks with displacement (FVG required) and leans heavily on ICT’s generous and insightful teachings to define midlines for FVG, IFVG, and order blocks. The market structure definitions follow TradingHub’s (TH) rules filtering out inside bars. It offers alerts for price in order block, liquidity sweep, break of structure (BOS), change of character (CHoCH), and inducement (IDM). The TH model was chosen because it's programmatic allowing clear structure definitions that allow us to mark inducements (S/O to @albatherium for publishing the first TH market structure indicator). TH’s Single Candle Order Block (SCOB) rules have also been helpful in refining order block definition, for example in the Transfer case. ICT fans will see when back testing this, that it moves the focus closer to the FVG. In developing this indicator, we've tried to offer great aesthetic flexibility, to keep the chart uncluttered and to avoid exceeding Trading View’s limitations on boxes and lines. It's also configured to work reasonably well on both light and dark background charts: We hope this indicator can serve as a teaching tool for ICT’s price action insights and SMC market structure concepts. For this, we've included optional labels for various order block types: I = inside bar. The bars that follow the order block have been ignored – you will see the number of ignored bars shown after a hyphen. The idea is that inside bars fall in the shadow of a more important candle and can’t be relied on for defining a trade. S = standard case. The order block candle takes liquidity from the previous candle and is followed immediately after by an FVG on the next candle. This differs technically from the ICT “last down-close/last up-close” order block concept. In practice, this choice has very little impact on ICT trading, because the ICT trader is entering on the FVG anyway. T = transfer case. This is an order block that has been transferred from the candle that takes liquidity to the candle just prior to the FVG. When you back test this, you will see it is a high probability choice. TZ = tweezer. This is an option you can turn off that fills a hole in TH teachings. It bypasses the requirement for an order block to take liquidity from the previous candle in the case of equal h/ls. The result is that you will find 2 candle order blocks with equal highs and lows (also known as tweezer tops/bottoms) show on your chart. You will note that every tweezer is a wick on a higher timeframe. W = wick. this is a big wick candle that we call an order block without requiring an FVG. The presumption is that the displacement is contained within the wick itself on a lower timeframe. * Asterisk denotes an extreme order block. Finally, we trade with this indicator (using it together with our Daye Quarterly Theory ~ DQT free indicator, taking trades when price reaches an extreme FVG or order block during a Q2 manipulation). We will continue developing it along with other indicators we have not yet published. So please boost if you like this and follow us for updates. Also please let us know what new features you would like to see.
Pine Script® göstergesi
Liquidity_Pro tarafından
62
MMM MARKET CHAOS TO CLARITY INTELLIGENCE @MaxMaserati# MMM MARKET CHAOS TO CLARITY INTELLIGENCE ## Overview The MMM MARKET CHAOS TO CLARITY INTELLIGENCE (MMM AI Pro) by MaxMaserati is a sophisticated multi-factor analysis tool that provides comprehensive market insights through a unified dashboard. This system integrates several proprietary components to detect market conditions, trends, and potential reversals. At its core, this indicator is designed to bring clarity to market complexity by identifying meaningful patterns and establishing order within what often appears as random market chaos The MMM Intelligence Matrix accomplishes this through its multi-layered approach: - The MMPD system quantifies market conditions on a clear 0-100 scale, transforming complex price movements into actionable premium/discount levels - The proprietary candle analysis (MMMC Bias) identifies specific patterns with predictive value - The integration of volume, momentum, and multi-timeframe analysis creates a comprehensive market context - The Hot/Cold classification system helps traders distinguish between sustainable moves and overextended conditions What makes this indicator particularly valuable is how it synthesizes multiple technical factors into clear visual signals and classifications. Instead of leaving traders to interpret numerous conflicting indicators, it presents an organized dashboard of market conditions with straightforward action zones. ## Core Components ### MMPD (Max Maserati Premium and Discount) - Normalizes price movement on a 0-100 scale: - **Premium (>50)**: Bullish conditions - **Discount (<50)**: Bearish conditions - **Extreme values (>90 or <10)**: Potential reversal zones ### MMMC (Max Maserati Model Candle) Bias - Analyzes candle patterns to predict behavior: - **Bullish/Bearish Body Close**: Price closes beyond previous candle's high/low - **Bullish/Bearish Affinity**: Shows tendency toward continuation - **Seek & Destroy**: Tests previous levels then breaks in new direction - **Close Inside**: Closes within previous candle's range with directional bias - **Plus/Minus**: Indicates slight tendency toward bulls/bears ### PC Strength (Previous Candle Strength) - Measures percentage power of recent candlesticks - Analyzes strength across multiple previous candles (PC1, PC2, PC3) ### MVM (Market Volatility Momentum) - Adaptive moving averages system analyzing multiple timeframes: - **Short context (8 bars)**: Immediate direction - **Medium context (21 bars)**: Intermediate validation - **Long context (55 bars)**: Primary trend confirmation - **Higher timeframe**: Additional confirmation ### Volume Intelligence System - Adaptive algorithm comparing current volume to 20-period average - Identifies significant volume events and thresholds ### Hot/Cold Momentum Classification - **Strong Bullish/Bearish (Hot)**: Potentially overextended - **Strong Bullish/Bearish (Cold)**: Strong with room to continue - **Bullish/Bearish Momentum**: Clear directional bias - **Mild Bullish/Bearish**: Weak directional bias ### HVC (Highest Volume Candles) Detection - Triangle markers and sequential stars indicate significant volume-confirmed movements - Signals potential trend changes and continuation setups ## Dashboard Interface The customizable dashboard displays: 1. **MMMC Bias**: Candle pattern analysis and direction 2. **Delta MA**: Buy/sell pressure with directional arrows 3. **PC Strength**: Percentage strength of previous candles 4. **Current Trend**: Overall market bias state 5. **MMPD Bias**: Premium/discount context 6. **Short/Medium/Long Term**: Price change percentages 7. **Trend Quality**: Reliability rating 8. **Volume Strength**: Classification (High/Medium/Low) 9. **MMPD Values**: Current level with direction indicator 10. **HTF Trend**: Higher timeframe confirmation 11. **Trend Strength**: Overall momentum measurement 12. **Action Zone**: Trading zone classification 13. **Momentum Strength**: Hot/Cold status ## MMPD Value Classifications - **EXTREME PREMIUM (>90) ⚠️**: Extremely overbought - **HIGH PREMIUM (80-90) ↗**: Strong bullish (caution) - **PREMIUM (65-80) ↗**: Healthy bullish zone - **LIGHT PREMIUM (50-65) →**: Mild bullish territory - **LIGHT DISCOUNT (35-50) →**: Mild bearish territory - **DISCOUNT (20-35) ↘**: Healthy bearish zone - **HIGH DISCOUNT (10-20) ↘**: Strong bearish (caution) - **EXTREME DISCOUNT (<10) ⚠️**: Extremely oversold ## Action Zone Classifications - **MASSIVE BUY/SELL ZONE ★★★**: Very strong bias (Strength >5.0) - **STRONG BUY/SELL ZONE ★★**: Strong bias (Strength >3.0) - **MEDIUM BUY/SELL ZONE ★**: Moderate bias (Strength >2.0) - **LIGHT BUY/SELL ZONE ⋆**: Mild bias (Strength >1.0) - **SUPER LIGHT BUY/SELL ZONE ·**: Weak bias (Strength <1.0) - **NEUTRAL ZONE**: No clear directional bias ## Visual Signals 1. **Triangle Markers**: HVC system directional signals (up/down) 2. **Sequential Stars (★)**: Advanced confirmation signals following trend changes 3. **High Volume Highlighting**: Optional candle emphasis for volume events ## Entry Conditions ### Strong Buy Setup - MMPD Values: PREMIUM or LIGHT PREMIUM - Hot/Cold Status: "⚠️ Strong Bullish (Cold)" or "↗️ Bullish Momentum" - Action Zone: MASSIVE or STRONG BUY ZONE - Volume Strength: High or Medium - Current Trend: Strong Bullish or Bullish ### Strong Sell Setup - MMPD Values: DISCOUNT or LIGHT DISCOUNT - Hot/Cold Status: "⚠️ Strong Bearish (Cold)" or "↘️ Bearish Momentum" - Action Zone: MASSIVE or STRONG SELL ZONE - Volume Strength: High or Medium - Current Trend: Strong Bearish or Bearish ## Exit Conditions ### Exit Long Positions When - Hot/Cold Status changes to "⚠️ Strong Bullish (Hot)" or "↘️ Bearish Momentum" - MMPD Values shows EXTREME PREMIUM or HIGH PREMIUM - Action Zone changes to NEUTRAL ZONE or any SELL ZONE - Current Trend shows "Bearish Reversal" or "Exiting Overbought" ### Exit Short Positions When - Hot/Cold Status changes to "⚠️ Strong Bearish (Hot)" or "↗️ Bullish Momentum" - MMPD Values shows EXTREME DISCOUNT or HIGH DISCOUNT - Action Zone changes to NEUTRAL ZONE or any BUY ZONE - Current Trend shows "Bullish Reversal" or "Exiting Oversold" ## Position Sizing Guidelines - **Full Position (100%)**: Action Zone ★★★/★★, normal momentum, High volume - **Reduced Position (50-75%)**: "Cold" signal, Action Zone ★, Medium volume - **Small Position (25-50%)**: Action Zone ⋆, Medium/Low volume, mixed signals - **No Position**: "Hot" signal, NEUTRAL zone, Low volume ## Special Trade Setups ### Reversal Setups - **Bullish Reversal**: Transition from EXTREME DISCOUNT, Hot→Cold change, emerging buy signal, high volume - **Bearish Reversal**: Transition from EXTREME PREMIUM, Hot→Cold change, emerging sell signal, high volume ### Continuation Setups - **Bullish Continuation**: PREMIUM range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone - **Bearish Continuation**: DISCOUNT range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone ## Sequential Stars System - **Sequential Buy Signal**: Bullish star after bearish trend, volume confirmation - **Sequential Sell Signal**: Bearish star after bullish trend, volume confirmation ## Best Practices - Check multiple timeframes (prioritize when all align) - Validate with volume (High >2.5x, Medium >1.2x) - Assess trend quality (Strong ★★★, Confirmed ★★, Warning ⚠, Transition ↕) - Handle inside bars/consolidation with additional confirmation ## Technical Considerations - Based on closed candles for calculations - Requires reliable volume data - Higher sensitivity settings may produce more frequent signals - Extreme readings indicate potential turning points - Sequential stars require proper trend changes for activation ## Indicator Applicability - **Markets**: Forex, Crypto, Stocks, Futures, Commodities - **Timeframes**: 1H+ recommended, 4H/Daily for primary analysis *Intended for use with the full MMM system. Trading decisions require proper knowledge and risk management.*
Pine Script® göstergesi
MaxMaserati tarafından
MMM MARKET CHAOS TO CLARITY INTELLIGENCE @MaxMaserati# MMM MARKET CHAOS TO CLARITY INTELLIGENCE ## Overview The MMM MARKET CHAOS TO CLARITY INTELLIGENCE (MMM AI Pro) by MaxMaserati is a sophisticated multi-factor analysis tool that provides comprehensive market insights through a unified dashboard. This system integrates several proprietary components to detect market conditions, trends, and potential reversals. At its core, this indicator is designed to bring clarity to market complexity by identifying meaningful patterns and establishing order within what often appears as random market chaos The MMM Intelligence Matrix accomplishes this through its multi-layered approach: - The MMPD system quantifies market conditions on a clear 0-100 scale, transforming complex price movements into actionable premium/discount levels - The proprietary candle analysis (MMMC Bias) identifies specific patterns with predictive value - The integration of volume, momentum, and multi-timeframe analysis creates a comprehensive market context - The Hot/Cold classification system helps traders distinguish between sustainable moves and overextended conditions What makes this indicator particularly valuable is how it synthesizes multiple technical factors into clear visual signals and classifications. Instead of leaving traders to interpret numerous conflicting indicators, it presents an organized dashboard of market conditions with straightforward action zones. ## Core Components ### MMPD (Max Maserati Premium and Discount) - Normalizes price movement on a 0-100 scale: - **Premium (>50)**: Bullish conditions - **Discount (<50)**: Bearish conditions - **Extreme values (>90 or <10)**: Potential reversal zones ### MMMC (Max Maserati Model Candle) Bias - Analyzes candle patterns to predict behavior: - **Bullish/Bearish Body Close**: Price closes beyond previous candle's high/low - **Bullish/Bearish Affinity**: Shows tendency toward continuation - **Seek & Destroy**: Tests previous levels then breaks in new direction - **Close Inside**: Closes within previous candle's range with directional bias - **Plus/Minus**: Indicates slight tendency toward bulls/bears ### PC Strength (Previous Candle Strength) - Measures percentage power of recent candlesticks - Analyzes strength across multiple previous candles (PC1, PC2, PC3) ### MVM (Market Volatility Momentum) - Adaptive moving averages system analyzing multiple timeframes: - **Short context (8 bars)**: Immediate direction - **Medium context (21 bars)**: Intermediate validation - **Long context (55 bars)**: Primary trend confirmation - **Higher timeframe**: Additional confirmation ### Volume Intelligence System - Adaptive algorithm comparing current volume to 20-period average - Identifies significant volume events and thresholds ### Hot/Cold Momentum Classification - **Strong Bullish/Bearish (Hot)**: Potentially overextended - **Strong Bullish/Bearish (Cold)**: Strong with room to continue - **Bullish/Bearish Momentum**: Clear directional bias - **Mild Bullish/Bearish**: Weak directional bias ### HVC (Highest Volume Candles) Detection - Triangle markers and sequential stars indicate significant volume-confirmed movements - Signals potential trend changes and continuation setups ## Dashboard Interface The customizable dashboard displays: 1. **MMMC Bias**: Candle pattern analysis and direction 2. **Delta MA**: Buy/sell pressure with directional arrows 3. **PC Strength**: Percentage strength of previous candles 4. **Current Trend**: Overall market bias state 5. **MMPD Bias**: Premium/discount context 6. **Short/Medium/Long Term**: Price change percentages 7. **Trend Quality**: Reliability rating 8. **Volume Strength**: Classification (High/Medium/Low) 9. **MMPD Values**: Current level with direction indicator 10. **HTF Trend**: Higher timeframe confirmation 11. **Trend Strength**: Overall momentum measurement 12. **Action Zone**: Trading zone classification 13. **Momentum Strength**: Hot/Cold status ## MMPD Value Classifications - **EXTREME PREMIUM (>90) ⚠️**: Extremely overbought - **HIGH PREMIUM (80-90) ↗**: Strong bullish (caution) - **PREMIUM (65-80) ↗**: Healthy bullish zone - **LIGHT PREMIUM (50-65) →**: Mild bullish territory - **LIGHT DISCOUNT (35-50) →**: Mild bearish territory - **DISCOUNT (20-35) ↘**: Healthy bearish zone - **HIGH DISCOUNT (10-20) ↘**: Strong bearish (caution) - **EXTREME DISCOUNT (<10) ⚠️**: Extremely oversold ## Action Zone Classifications - **MASSIVE BUY/SELL ZONE ★★★**: Very strong bias (Strength >5.0) - **STRONG BUY/SELL ZONE ★★**: Strong bias (Strength >3.0) - **MEDIUM BUY/SELL ZONE ★**: Moderate bias (Strength >2.0) - **LIGHT BUY/SELL ZONE ⋆**: Mild bias (Strength >1.0) - **SUPER LIGHT BUY/SELL ZONE ·**: Weak bias (Strength <1.0) - **NEUTRAL ZONE**: No clear directional bias ## Visual Signals 1. **Triangle Markers**: HVC system directional signals (up/down) 2. **Sequential Stars (★)**: Advanced confirmation signals following trend changes 3. **High Volume Highlighting**: Optional candle emphasis for volume events ## Entry Conditions ### Strong Buy Setup - MMPD Values: PREMIUM or LIGHT PREMIUM - Hot/Cold Status: "⚠️ Strong Bullish (Cold)" or "↗️ Bullish Momentum" - Action Zone: MASSIVE or STRONG BUY ZONE - Volume Strength: High or Medium - Current Trend: Strong Bullish or Bullish ### Strong Sell Setup - MMPD Values: DISCOUNT or LIGHT DISCOUNT - Hot/Cold Status: "⚠️ Strong Bearish (Cold)" or "↘️ Bearish Momentum" - Action Zone: MASSIVE or STRONG SELL ZONE - Volume Strength: High or Medium - Current Trend: Strong Bearish or Bearish ## Exit Conditions ### Exit Long Positions When - Hot/Cold Status changes to "⚠️ Strong Bullish (Hot)" or "↘️ Bearish Momentum" - MMPD Values shows EXTREME PREMIUM or HIGH PREMIUM - Action Zone changes to NEUTRAL ZONE or any SELL ZONE - Current Trend shows "Bearish Reversal" or "Exiting Overbought" ### Exit Short Positions When - Hot/Cold Status changes to "⚠️ Strong Bearish (Hot)" or "↗️ Bullish Momentum" - MMPD Values shows EXTREME DISCOUNT or HIGH DISCOUNT - Action Zone changes to NEUTRAL ZONE or any BUY ZONE - Current Trend shows "Bullish Reversal" or "Exiting Oversold" ## Position Sizing Guidelines - **Full Position (100%)**: Action Zone ★★★/★★, normal momentum, High volume - **Reduced Position (50-75%)**: "Cold" signal, Action Zone ★, Medium volume - **Small Position (25-50%)**: Action Zone ⋆, Medium/Low volume, mixed signals - **No Position**: "Hot" signal, NEUTRAL zone, Low volume ## Special Trade Setups ### Reversal Setups - **Bullish Reversal**: Transition from EXTREME DISCOUNT, Hot→Cold change, emerging buy signal, high volume - **Bearish Reversal**: Transition from EXTREME PREMIUM, Hot→Cold change, emerging sell signal, high volume ### Continuation Setups - **Bullish Continuation**: PREMIUM range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone - **Bearish Continuation**: DISCOUNT range, "Cold" signal, strong volume, timeframe alignment, clear Action Zone ## Sequential Stars System - **Sequential Buy Signal**: Bullish star after bearish trend, volume confirmation - **Sequential Sell Signal**: Bearish star after bullish trend, volume confirmation ## Best Practices - Check multiple timeframes (prioritize when all align) - Validate with volume (High >2.5x, Medium >1.2x) - Assess trend quality (Strong ★★★, Confirmed ★★, Warning ⚠, Transition ↕) - Handle inside bars/consolidation with additional confirmation ## Technical Considerations - Based on closed candles for calculations - Requires reliable volume data - Higher sensitivity settings may produce more frequent signals - Extreme readings indicate potential turning points - Sequential stars require proper trend changes for activation ## Indicator Applicability - **Markets**: Forex, Crypto, Stocks, Futures, Commodities - **Timeframes**: 1H+ recommended, 4H/Daily for primary analysis *Intended for use with the full MMM system. Trading decisions require proper knowledge and risk management.*
Pine Script® göstergesi
MaxMaserati tarafından