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Volumatic Support/Resistance Levels [BigBeluga]🔵 OVERVIEW A smart volume-powered tool for identifying key support and resistance zones—enhanced with real-time volume histogram fills and high-volume markers. Volumatic Support/Resistance Levels detects structural levels from swing highs and lows, and wraps them in dynamic histograms that reflect the relative volume strength around those zones. It highlights the strongest price levels not just by structure—but by the weight of market participation. 🔵 CONCEPTS Price Zones: Support and resistance levels are drawn from recent price pivots, while volume is used to visually enhance these zones with filled histograms and highlight moments of peak activity using markers. Histogram Fill = Activity Zone: The width and intensity of each filled zone adjusts to recent volume bursts. High-Volume Alerts: Circle markers highlight moments of volume dominance directly on the levels—revealing pressure points of support/resistance. Clean Visual Encoding: Red = resistance zones, green = support zones, orange = high-volume bars. 🔵 FEATURES Detects pivot-based resistance (highs) and support (lows) using a customizable range length. Wraps these levels in volume-weighted bands that expand/contract based on percentile volume. Color fill intensity increases with rising volume pressure, creating a live histogram feel. When volume > user-defined threshold , the indicator adds circle markers at the top and bottom of that price level zone. Bar coloring highlights the candles that generated this high-volume behavior (orange by default). Adjustable settings for all thresholds and colors, so traders can dial in volume sensitivity. 🔵 HOW TO USE Identify volume-confirmed resistance and support zones for potential reversal or breakout setups. Focus on levels with intense histogram fill and circle markers —they indicate strong participation. Use bar coloring to track when key activity started and align it with broader market context. Works well in combination with order blocks, trend indicators, or liquidity zones. Ideal for day traders, scalpers, and volume-sensitive setups. 🔵 CONCLUSION Volumatic Support/Resistance Levels elevates traditional support and resistance logic by anchoring it in volume context. Instead of relying solely on price action, it gives traders insight into where real conviction lies—by mapping how aggressively the market defended or rejected key levels. It's a visual, reactive, and volume-conscious upgrade to your structural toolkit.
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BigBeluga tarafından
7
TTP-BB-vwap-PivotTTP-BB-Vwap-Pivot is a comprehensive all-in-one technical analysis indicator designed specifically for intraday traders. This powerful tool combines multiple essential indicators in a single, customizable package, eliminating the need to clutter your chart with separate indicators. 🎯 Key Features 📈 Bollinger Bands Fully Customizable: Adjust length (default: 20) and multiplier (default: 2.0) Source Selection: Choose from Open, High, Low, Close, HL2, HLC3, OHLC4 Visual Fill: Semi-transparent band fill for better visualization Toggle Control: Easy on/off switch 💰 VWAP (Volume Weighted Average Price) Intraday Focus: Perfect for identifying institutional price levels Source Customization: Default HLC3 with options for other price sources Clear Visualization: Prominent white line for easy identification Toggle Control: Show/hide as needed 🎪 Standard Pivot Points Complete Pivot System: Shows Pivot Point + 3 Resistance (R1-R3) + 3 Support (S1-S3) levels Timeframe Flexibility: Default daily pivots with customizable timeframe Colour Coded: Yellow for Pivot Point, Red for Resistance, Green for Support Value Labels: Exact price values displayed on the right Toggle Control: Enable/disable entire pivot system 📊 Multiple EMA System (5 EMAs Available) EMA 1: 9-period (Blue) - Short-term trend EMA 2: 21-period (Red) - Medium-term trend EMA 3: 50-period (Orange) - Long-term trend EMA 4: 100-period (Purple) - Major trend EMA 5: 200-period (Yellow) - Primary trend Each EMA Features: Individual toggle switches Customizable period lengths Source selection options Colour customization Independent control 🚨 Built-in Alerts Price crossing above/below EMA1 Price crossing above/below VWAP Easy alert setup for key signal points 🎛️ User-Friendly Interface Organized Input Groups: All settings categorized for easy navigation Individual Controls: Turn any indicator on/off independently Clean Design: Optimized to avoid chart clutter Performance Optimized: Efficient code for smooth operation 📈 Perfect For: Day Traders: Quick intraday signals and levels Swing Traders: Multiple timeframe analysis Scalpers: Fast entry/exit points All Skill Levels: From beginners to professionals 🔧 How to Use: Add the indicator to your chart Access settings through the indicator's style/inputs panel Enable/disable indicators based on your trading strategy Customize colours, periods, and sources to match your preferences Set up alerts for key crossover signals 💡 Trading Applications: Trend Identification: Multiple EMA crossovers Support/Resistance: Pivot points and Bollinger Bands Entry/Exit Signals: VWAP and EMA interactions Risk Management: Clear levels for stop-loss placement Market Structure: Institutional levels via VWAP and Pivots ⚡ Why Choose TTP-BB-Vwap-Pivot? All-in-One Solution: No need for multiple separate indicators Highly Customizable: Adapt to any trading style Performance Optimized: Smooth operation without lag Clean Interface: Organized settings and clear visuals Beginner Friendly: Easy to understand and implement Professional Grade: Suitable for serious traders 🛠️ Technical Specifications: Pine Script v6 Overlay indicator Optimized for all timeframes (especially intraday) Compatible with all asset classes No repainting Real-time calculations Transform your trading with TTP-BB-Vwap-Pivot - The ultimate technical analysis companion for modern traders! Like and follow for more powerful trading tools and updates!
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TrustTheProcess13 tarafından
Ultimate_Priceaction_Tool for INTRADAY by Chaitu50cUltimate_Priceaction_Tool for INTRADAY by Chaitu50c This indicator is crafted for intraday traders who rely on raw price action. It identifies support and resistance zones based on engulfing candle structures and 2-bar breakout formations. These patterns often signal meaningful reversals or momentum-based breakouts. Key features: • Real-time support and resistance zone detection Uses green-to-red and red-to-green candle transitions where open and close levels align within a defined buffer. Also includes logic to capture two-bar breakout patterns that confirm directional conviction. • Dynamic line behavior Line width increases as the level holds for more bars, visually representing zone strength. Breakout buffers also expand with time to reduce false signals. • Session-based resets At the start of each new session, all zones reset automatically. This ensures only current, relevant intraday structures are shown, reducing clutter and improving focus. • Dashed zone detection Within the main high-low range, additional price levels are plotted as dashed lines when qualifying patterns appear. These zones are suppressed if similar ones already exist nearby. • Fully customizable Includes adjustable buffer range, breakout margin, dash suppression distance, line width control, and visual styling for both resistance and support zones. Recommended usage: This tool is optimized for the 1-minute and 5-minute timeframes. It is best suited for scalpers and intraday traders who depend on breakout reactions, pullback validation, and session structure shifts. Use it to identify areas of interest, react to price action, and refine intraday decision-making with high precision.
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chaitu50c tarafından
8
Velocity + Momentum (SMA-Based)Velocity + Momentum (SMA-Based) is a clean, powerful oscillator that measures price acceleration using SMA-derived velocity and dual momentum signals. This tool is ideal for identifying directional shifts, exhaustion points, and early entries across any market or timeframe. How It Works: This indicator calculates velocity as the distance between the current close and a simple moving average of the open price. Then, it applies two smoothed moving averages to this velocity line: • Internal Momentum (shorter-term smoothing) • External Momentum (longer-term context, hidden by default) The result is a layered view of how fast price is moving and whether that move is gaining or losing strength. How to Use: • The green/red histogram shows current velocity (positive = bullish, negative = bearish) • The teal/maroon line tracks internal momentum and provides short-term signal turns • The black/gray (hidden) line reflects external momentum and supports broader trend alignment • Watch for crosses above/below the zero line for confirmation of directional strength • Use the built-in alerts to catch real-time shifts in all three layers of movement: velocity, internal, and external Why It's Useful: • Detects subtle transitions before price structure changes • Helps filter out noise by comparing short-term vs long-term motion • Ideal for scalpers, swing traders, and trend-followers alike • Pairs well with structure-based tools or price action zones • Works on any asset and timeframe This indicator simplifies momentum analysis by giving you actionable, multi-layered feedback on how price is accelerating — and when that’s likely to reverse.
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The_Forex_Steward tarafından
Watermark Clarity V33🌟 Introducing Watermark Clarity V33 – Banner 🌟 Watermark Clarity V33 is a visual utility tool designed to enhance chart awareness, focus, and clean aesthetics without adding market noise. Unlike traditional indicators, this script does not generate buy/sell signals or perform technical analysis. Instead, it provides a customizable on-chart watermark banner that clearly communicates your current mindset, risk awareness, or trading bias directly on the chart — helping traders stay aligned with their pre-defined plans and reducing impulsive behavior. Whether you’re a discretionary trader, scalper, or swing trader, Watermark Clarity V33 offers an adaptive display that blends clarity with minimalism, keeping your chart clean while remaining informative. 🛠 Customizable Parameters • Dual Text Banners: Configure two independent headers to reflect trading goals, risk posture, or emotional cues. • Smart Animation Toggle: Optionally animate between messages to help reinforce shifting market awareness or draw attention during high-alert periods. • Size, Color & Positioning: Adjust the info box’s text size, banner dimensions, background color, transparency, and placement (top/middle/bottom – left/center/right). • Transparent Mode: Switch to semi-transparent mode for cleaner overlays during live sessions or screen recording. 🚀 New Feature – Custom Alerts & Smart Animation Control • Market-Aware Animation Logic: When Enable Animation is turned on and both Heading 1 and Heading 2 are filled: • 📈 During Market Hours → The banner alternates smoothly between both headings, helping maintain awareness and visual engagement. • 💤 Outside Market Hours → The banner remains fixed on Heading 1. This acts as a subtle visual cue that markets are currently closed — giving you peace of mind and a cleaner screen. ✨ Visual Utility Use Cases • Accountability Layer: Keep yourself accountable to your trading rules or session checklist. • Mindset Anchor: Display motivational or tactical reminders that guide your trading behavior. • Multi-Timeframe Syncing: Use different watermarks across charts to stay aligned across timeframes or instruments. 📘 How to Use 1. Add the Indicator: Apply “Watermark Clarity V33 – Banner” to your chart. 2. Configure Inputs: Adjust the banner texts, size, color scheme, and screen position to your liking. 4. Focus & Trade: Let the visual cue support your decision-making environment without interfering with price action. ❗ Important Notes • This indicator does not analyze price data or generate signals. It is designed solely for visual clarity and trader discipline support. • All display logic runs in real-time and responds to your settings only, no repainting or lookahead bias.
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AR33_ tarafından
Rolling VWAP LevelsRolling VWAP Levels Indicator Overview Dynamic horizontal lines showing rolling Volume Weighted Average Price (VWAP) levels for multiple timeframes (7D, 30D, 90D, 365D) that update in real-time as new bars form. Who This Is For Day traders using VWAP as support/resistance Swing traders analyzing multi-timeframe price structure Scalpers looking for mean reversion entries Options traders needing volatility bands for strike selection Institutional traders tracking volume-weighted fair value Risk managers requiring dynamic stop levels How To Trade With It Mean Reversion Strategies: Buy when price is below VWAP and showing bullish divergence Sell when price is above VWAP and showing bearish signals Use multiple timeframes - enter on shorter, confirm on longer Target opposite VWAP level for profit taking Breakout Trading: Watch for price breaking above/below key VWAP levels with volume Use 7D VWAP for intraday breakouts Use 30D/90D VWAP for swing trade breakouts Confirm breakout with move beyond first standard deviation band Support/Resistance Trading: VWAP levels act as dynamic support in uptrends VWAP levels act as dynamic resistance in downtrends Multiple timeframe VWAP confluence creates stronger levels Use standard deviation bands as additional S/R zones Risk Management: Place stops beyond next VWAP level Use standard deviation bands for position sizing Exit partial positions at VWAP levels Monitor distance table for overextended moves Key Features Real-time Updates: Lines move and extend as new bars form Individual Styling: Custom colors, widths, styles for each timeframe Standard Deviation Bands: Optional volatility bands with custom multipliers Smart Labels: Positioned above, below, or diagonally relative to lines Distance Table: Shows percentage distance from each VWAP level Alert System: Get notified when price crosses VWAP levels Memory Efficient: Automatically cleans up old drawing objects Settings Explained Display Group: Show/hide labels, font size, line transparency, positioning Individual VWAP Groups: Color, line width (1-5), line style for each timeframe Standard Deviation Bands: Enable bands with custom multipliers (0.5, 1.0, 1.5, 2.0, etc.) Labels Group: Position (8 options including diagonal), custom text, price display Additional Info: Distance table, alert conditions Technical Implementation Uses rolling arrays to maintain sliding windows of price*volume data. The core calculation function processes both VWAP and standard deviation efficiently. Lines are created dynamically and updated every bar. Memory management prevents object accumulation through automatic cleanup. Best Practices Start with 7D and 30D VWAP for most strategies Add 90D/365D for longer-term context Use standard deviation bands when volatility matters Position labels to avoid chart clutter Enable distance table during high volatility periods Set alerts for key VWAP level breaks Market Applications Forex: Major pairs during London/NY sessions Stocks: Large cap names with good volume Crypto: Bitcoin, Ethereum, major altcoins Futures: ES, NQ, CL, GC with continuous volume Options: Use SD bands for strike selection and volatility assessment
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mindyourbuisness tarafından
Daily Candle BoxDaily candle overlay, high, low, and candle color based on open and close Charts included in script: '3m', '5m', '15m', '1H' 1. Visualizes Key Daily Levels on Lower Timeframes: The indicator overlays the previous day’s high and low as a box on a lower timeframe chart (e.g., 5-minute). This highlights critical support and resistance levels from the daily timeframe, making it easier to see where price might react without switching to a daily chart. Use Case: Traders can identify potential reversal or breakout zones on intraday charts, aligning lower timeframe trades with higher timeframe structure. 2. Simplifies Intraday Trading Decisions: By showing the previous day’s range (high to low) as a box, it provides a clear context for intraday price action. For example, if the price approaches the box’s top (previous day’s high), traders might anticipate resistance or a breakout. Use Case: Useful for scalpers or day traders who need to quickly assess whether the price is near significant daily levels for entries, exits, or stop-loss placement. 3. Highlights Daily Candle Direction: The box’s color (green for bullish, red for bearish) indicates whether the previous day’s close was above or below its open. This provides a quick visual cue about the prior day’s market sentiment.
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j2m2t2 tarafından
Sell to Buy / Buy to SellSell to Buy / Buy to Sell — Momentum Shift Detector The Sell to Buy / Buy to Sell indicator detects simple but powerful two-bar momentum shift patterns directly on your chart, offering early insights into potential reversals or strong breakout continuation. 🔎 How it works: Sell to Buy (StB): Previous candle (bar -1) is bearish Current candle (bar 0) is bullish The bullish candle closes above the high of the previous bearish candle Confirmed only after bar close Buy to Sell (BtS): Previous candle (bar -1) is bullish Current candle (bar 0) is bearish The bearish candle closes below the low of the previous bullish candle Confirmed only after bar close 🎯 Key Features: ✅ Pure price action logic — no indicators, no oscillators ✅ Immediate visual markers: Green "StB" label for bullish momentum shifts Red "BtS" label for bearish momentum shifts ✅ Full alert system to notify you in real-time when either pattern occurs ⚙ Who is this for? Scalpers looking for short-term momentum shifts Swing traders identifying potential reversals or breakout confirmations Price action traders who want clean and objective setup detection The Sell to Buy / Buy to Sell indicator is designed to give you clear and simple signals whenever the market shows decisive strength after a short-term opposite move — potentially marking the start of a new impulse.
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Giancarlo_Adorno tarafından
1
Breakout Strategy with Dynamic SL LabelDescription: This script identifies breakout trading opportunities using adaptive support and resistance levels, adjusted dynamically based on market volatility. A trade signal is generated only when a breakout candle is followed by a confirming close in the same direction. The signal is displayed on the chart as a labeled marker that includes a suggested stop-loss level based on the highest high or lowest low of the past 10 bars, ensuring structure-aware risk management. 🧩 How it Works: Adaptive S/R Zones: Based on volatility-normalized swing highs/lows using ATR. These zones automatically adjust to changing market conditions. Confirmation Logic: Trade signals only appear after the second candle confirms the breakout, helping reduce false signals. Single Signal Rule: Only one buy or sell label is printed per breakout level, avoiding repeated triggers. Embedded Stop Loss in Label: SL value is calculated from the 10-bar high (for shorts) or low (for longs) and included in the signal label. ⚙️ User Inputs Explained: Base Swing Strength: Controls the pivot sensitivity; higher values detect stronger reversal points. Line Duration: Number of bars that horizontal S/R levels remain visible. ATR Period: Length used to calculate volatility for adaptive S/R logic. Volatility Sensitivity: Adjusts how responsive the S/R zone strength is to volatility. Higher = more responsive. Stop-Loss Lookback (Bars): Defines the number of candles to reference when calculating SL from high/low structure. Max Lines Stored: Controls chart clutter by limiting how many S/R zones are kept active. 🟩 Ideal for: Breakout traders who value clean structure, confirmation, and built-in risk logic. Scalpers and swing traders looking for adaptive, low-latency signals without repainting. Chartists who want minimal indicators but maximum signal clarity.
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abinag9999 tarafından
SHYY-TFC-Horizontal V2SHYY-TFC-Horizontal V2 – Multi-Timeframe Clarity for The Strat Traders SHYY-TFC-Horizontal V2 is a powerful, clean, and efficient overlay designed for serious traders who use Rob Smith’s The Strat. This real-time table gives you instant visual insight across all key timeframes – from 5 minutes to monthly – with: Candle direction (bullish, bearish, neutral) Strat bar type (1, 2U, 2D, 3) Live countdown to bar close Compact horizontal layout that saves space and enhances clarity Fully customizable table position to fit any chart setup Built with no lookahead bias, this version meets TradingView’s script publishing standards and is optimized for actionable, real-time decisions. Ideal for: Scalpers who need fast confirmation Swing traders aligning entries with time frame continuity Price action traders following The Strat methodology Trade with confidence. See the full picture. React faster. SHYY-TFC-Horizontal V2 – built to make you faster, sharper, and more in control.
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shayy110 tarafından
Liquidity Hunter HeatmapLiquidity Hunter (GPS Companion Tool) Liquidity Hunter is a specialized script designed to help traders visualize and track potential liquidation zones, clusters, and imbalance traps in real-time. It is particularly useful for scalpers and short-term traders who rely on liquidity sweeps, stop hunts, and reversion plays. This tool does not replicate open-source liquidation trackers. Instead, it uses a proprietary combination of volume surges, candle displacement, VWAP deviation, and high-timeframe wicks to infer areas of trapped traders and display them with clear, color-coded markers. Key Features: • Real-Time Liquidation Estimates: Detects where major stop losses (and potential liquidations) may have occurred, based on proprietary volume + price action logic. • Cluster Strength Bubbles: Visual bubbles (scaled by cluster size) show where liquidations are stacking. Purple for bearish, white for bullish — intensity reflects strength. • Pre-Liquidation Warning Zones: Highlights areas where price is likely to sweep liquidity before reversing, helping traders avoid chasing moves. • Dollar-Based Labels (Optional): Displays the estimated value liquidated, helping traders size the significance of a move (e.g., $8.4M). • Minimal Clutter Mode: Designed for intraday clarity — hides excess lines and uses bubbles, not shapes, for cleaner visualization.
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RickyTSpanish tarafından
4
SuperTrend Adaptive (STD Smooth)Supertrend Adaptive (Smoothed StdDev) Supertrend Adaptive is a refined trend-following indicator based on the classic Supertrend. It enhances the original by incorporating smoothed standard deviation into the volatility calculation, instead of relying solely on ATR. This hybrid approach enables more responsive and adaptive trend detection, reducing noise and false signals in volatile or ranging markets. The indicator also features confidence-weighted signal labels and a clean, uncluttered display, making it practical for any trading timeframe. 🔍 Detailed Methodology and Conceptual Foundation Unlike traditional Supertrend indicators that use only absolute volatility (ATR) to define trend bands, this version blends standard deviation — a relative volatility measure — into the calculation. Standard deviation helps capture the dispersion of price, not just its range, and when smoothed, it filters out erratic jumps caused by sudden spikes or drops. This fusion creates trend bands that expand and contract dynamically based on recent price variability. As a result: Fewer whipsaws : The trend bands adjust to both low and high volatility environments, which helps avoid unnecessary signal flips during consolidation. Stronger trend adherence : Signals are less reactive to momentary price movements. This allows the indicator to hold positions longer in trending markets, giving traders the opportunity to ride extended moves. Bollinger Band-style adaptation : By including standard deviation, this indicator behaves similarly to Bollinger Bands — accounting for relative price change rather than absolute moves alone. These enhancements make the tool suitable not only for identifying directional bias, but also for refining entries and exits with more context-aware volatility filtering. 📈 How to Use the Indicator Trend Direction: The script draws a colored line beneath (uptrend) or above (downtrend) price. Green indicates bullish trend, red indicates bearish. Buy/Sell Labels: Only the most recent signal is shown to reduce clutter: 🟢 Green "Buy" label = trend reversal to bullish, with strong confidence. 🔵 Blue "Buy" label = same reversal, but with lower volume confidence. 🔴 Red "Sell" label = trend reversal to bearish, with strong confidence. 🟠 Orange "Sell" label = bearish signal with lower volume confidence. These color codes are derived from comparing current volume to its average — a higher-than-average volume gives greater confidence to the signal. Settings: ATR Period: Controls the smoothing window for volatility calculation. ATR Multiplier: Adjusts the size of the trend bands. Std Smooth: Controls smoothing applied to standard deviation to reduce jitter. Change ATR Method: Option to toggle between default and smoothed ATR. Show Signals: Toggle for label display. 📢 Alerts The script includes three built-in alert conditions: Buy Signal: Triggered when the trend flips to bullish. Sell Signal: Triggered when the trend flips to bearish. Trend Direction Change: Alerts on any switch in trend regardless of confidence level. These alerts allow traders to automate notifications or integrations with bots or trading platforms. 🧼 Clean Chart Display To ensure clarity and comply with best practices: The chart shows only this indicator. Trend lines are drawn in real time for visual context. Only one label per direction is shown — the most recent one — to keep the chart readable. No drawings or unrelated indicators are included. This setup ensures the script’s signals and structure are immediately understandable at a glance. 📌 Best Use Cases This tool is designed for: Traders who want adaptive volatility filters instead of rigid ATR-based models. Scalpers and swing traders who prefer clean charts with minimal lag and fewer false signals. Any asset class — works well on crypto, FX, and equities. Shortcoming of this tool is sideway price action (will be tackled in next versions). Credit for www.tradingview.com the version which this script extends.
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wrathwd tarafından
S&P Power Hour Liquidity Sweep StrategyThis indicator is designed for intraday traders who want to take advantage of liquidity grabs, break of structure (BOS), and optimal entry points during the most volatile hours of the trading day: the NYSE Power Hours (09:30–10:30 AM and 02:30–04:00 PM EST). Key Features: Power Hour Detection: Automatically identifies the two most liquid hours of the trading session. Liquidity Sweep Detection: Highlights when price sweeps a recent swing high or low — a common trap before reversals. Break of Structure (BOS): Confirms trend shift after a liquidity sweep with smart money-style BOS markers. Fair Value Gap (FVG) Highlighting: (Optional) Spot institutional imbalances between candles to fine-tune trade entries. How It Works: Wait for price to sweep a swing high or low during the power hours. Look for a break of structure (BOS) in the opposite direction. Enter on the next candle or FVG retest. The indicator will plot a yellow circle for entry, a red line for stop, and a green line for the target (based on your RR setting). Customizable Inputs: Swing sensitivity (lookback bars) Risk-to-reward ratio Optional FVG visibility Best Used With: Higher timeframe bias (15m/1H) Order blocks or volume analysis Avoiding major news events Whether you're a scalper or precision-based intraday trader, this tool helps you spot high-probability reversal setups with clean visuals and clear confirmations.
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sandunmathers tarafından
SHYY TFC Candles_Confirmation X 4TF)SHYY Real-Time FTC Confirmation is a multi-timeframe trend alignment tool designed to provide real-time confirmation of market direction across up to four configurable timeframes. Unlike traditional tools that rely on closed candles, this version uses in-progress bars to detect live momentum, allowing traders to respond as trends are forming rather than after they are confirmed. This script checks the current price direction on each selected timeframe by comparing the current close to the open of the same candle. A timeframe is considered bullish if the close is above the open, bearish if below, and neutral if equal. If all enabled timeframes are aligned in the same direction, the current chart candle is colored accordingly. White candles indicate that all selected timeframes are currently bullish. Yellow candles indicate that all selected timeframes are currently bearish. If the timeframes are not fully aligned, the candle remains uncolored. Each of the four timeframes can be configured individually in the settings panel. Users can also enable or disable each timeframe independently using checkboxes, allowing flexibility in how the confirmation logic is applied. The script uses a single request.security() call per timeframe with lookahead enabled, so that the information shown reflects the live status of each timeframe’s bar, not just completed ones. This makes it suitable for real-time decision-making and strategy filtering. This tool can assist scalpers, trend followers, and breakout traders in aligning trades with broader market direction. It can be used as a standalone trend filter or in conjunction with other indicators and strategies. No external dependencies or overlays are required. This is an original script, built to provide real-time, multi-timeframe confirmation using a clean and efficient approach.
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shayy110 tarafından
Fibonacci Optimal Entry Zone [OTE] (Zeiierman)█ Overview Fibonacci Optimal Entry Zone (Zeiierman) is a high-precision market structure tool designed to help traders identify ideal entry zones during trending markets. Built on the principles of Smart Money Concepts (SMC) and Fibonacci retracements, this indicator highlights key areas where price is most likely to react — specifically within the "Golden Zone" (between the 50% and 61.8% retracement). It tracks structural pivot shifts (CHoCH) and dynamically adjusts Fibonacci levels based on real-time swing tracking. Whether you're trading breakouts, pullbacks, or optimal entries, this tool brings unparalleled clarity to structure-based strategies. Ideal for traders who rely on confluence, this indicator visually synchronizes swing highs/lows, market structure shifts, Fibonacci retracement levels, and trend alignment — all without clutter or lag. ⚪ The Structural Assumption Price moves in waves, but key retracements often lead to continuation or reversal — especially when aligned with structure breaks and trend shifts. The Optimal Entry Zone captures this behavior by anchoring Fibonacci levels between recent swing extremes. The most powerful area — the Golden Zone — marks where institutional re-entry is likely, providing traders with a sniper-like roadmap to structure-based entries. █ How It Works ⚪ Structure Tracking Engine At its core, the indicator detects pivots and classifies trend direction: Structure Period – Determines the depth of pivots used to detect swing highs/lows. CHoCH – Break of structure logic identifies where the trend shifts or continues, marked visually on the chart. Bullish & Bearish Modes – Independently toggle uptrend and downtrend detection and styling. ⚪ Fibonacci Engine Upon each confirmed structural shift, Fibonacci retracement levels are projected between swing extremes: Custom Levels – Choose which retracements (0.50, 0.618, etc.) are shown. Real-Time Adjustments – When "Swing Tracker" is enabled, levels and labels update dynamically as price forms new swings. Example: If you disable the Swing Tracker, the Golden Level is calculated using the most recent confirmed swing high and low. If you enable the Swing Tracker, the Golden Level is calculated from the latest swing high or low, making it more adaptive as the trend evolves in real time. █ How to Use ⚪ Structure-Based Entry Wait for CHoCH events and use the resulting Fibonacci projection to identify entry points. Enter trades as price taps into the Golden Zone, especially when confluence forms with swing structure or order blocks. ⚪ Real-Time Reaction Tracking Enable Swing Tracker to keep the tool live — constantly updating zones as price shifts. This is especially useful for scalpers or intraday traders who rely on fresh swing zones. █ Settings Structure Period – Number of bars used to define swing pivots. Larger values = stronger structure. Swing Tracker – Auto-updates fib levels as new highs/lows form. Show Previous Levels – Keep older fib zones on chart or reset with each structure shift. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Zeiierman tarafından
15
4-EMA Signals + MTF Analysis4-EMA Signals + MTF Analysis Indicator: User Guide This indicator is designed for active traders; from scalpers / intra-day traders to swing-traders who simply want an easy to understand, simple, but yet comprehensive and easy-to-understand indicator with a quick overview of initial market momentum and overall market direction to assist the trader in their initial trading. The main feature of this indicator is that It overlays four exponential moving averages (EMAs), and provides a dashboard of real-time trend signals for both buy and sell (long/short) scenarios. Settings Overview MA Period Setup Custom: Set your own EMA periods. Conservative, Aggressive, Fibonacci: Quickly apply preset EMA period combinations for different trading styles. EMA Periods (Custom Setup) Fast EMA: Shortest EMA, reacts quickly to price (default 7). Medium-Short EMA: Intermediate speed (default 25). Medium-Long EMA: Slower, filters out more noise (default 70). Slow EMA: Longest-term trend (default 200). (These settings can be adjusted to suit your individual needs) Main Indicator Features Four EMAs : Plotted in distinct colors (green, yellow, orange, red) for quick trend recognition - this can be altered in colour to your personal preferences. Buy/Sell Signals : Triangles appear below/above bars when EMA crossovers occur, optionally filtered by volume - the volume filter when applied greatly reduces the influx of signals, only giving high-quality signals! Trading Sessions + Backgrounds : A trading session feature has been added: (London, New York, Asia, Sydney) with the choice of a background to indicate each global trading session. Volume Overlay : Volume bars and a blue volume moving average line for context. Dashboard Table (Top Right): Market Direction: Shows the overall EMA alignment (bullish, bearish, weak, consolidating). The initial trend on the 5m, 15m, 1H, and 4H time-frame to give a quick snapshot of overall trend direction. How to Use Trend Identification : -- Use the EMA alignment and dashboard table to quickly see if the market is bullish, bearish, or consolidating. EMA Set-up -- Adjust the EMA settings to your specific requirements, the signals will alter depending on the volatility of the instrument your trading. Signal Confirmation : -- ''Buy'' signals simply appear when the faster EMAs cross above slower EMAs in and ''Sell'' signals simply appear when they cross below. Volume Context : --Use the volume moving average and the optional volume filter to avoid signals during low-activity periods. No Repainting : -- All signals and dashboard readings are calculated using only confirmed, closed bars. What you see in real time is exactly what will appear in your back-test — no repainting or look-ahead bias. Alerts / Notifications Now for the fun part: 1. Enable Buy/Sell Signal Alerts: Get notifications when buy or sell signals occur. 2. For Alerts to function correctly, set the ''condition'' to the indicator itself. 3. Select ''EMA Bearish Cross'' or ''EMA Bullish Cross'' depending whether you want alerts for either buy/sell signals - Or one can simply set alerts for both scenarios. 4. For ''Interval'' set to ''Same as chart'' - So, the time-frame which you'd like to trade on. 5. For ''Trigger'' set to ''Once Per Bar Close''. 6. Save. 7. Wait for a signal to occur! NOTE: Before placing a trade, it's often best to also assess the market conditions at that time also - and not rely solely on the signals, the signals are to assist, and it's often occurred a signal has shown, but a pull-back occurs, and a FVG in discount holds -- it's this FVG holding, accompanied by volume, that's the real entry, possibly. Tip: For the cleanest results, use the indicator during the most active sessions and always check multi-time-frame trend alignment before entering trades. Good Luck! :)
Pine Script® göstergesi
Troste_1 tarafından
IU Liquidity Flow TrackerDESCRIPTION The IU Liquidity Flow Tracker is a powerful market analysis tool designed to visualize hidden buying and selling activity by analyzing price action, volume behavior, market pressure, and depth. It provides a composite view of liquidity dynamics to help traders identify accumulation, distribution, and neutral phases with high clarity. This indicator is ideal for traders who want to gauge the flow of market participants and make informed entry/exit decisions based on the underlying liquidity structure. USER INPUTS: * Flow Analysis Period: Length used for analyzing price spread and volume flow. * Pressure Sensitivity: Adjusts the sensitivity of threshold detection for flow classification. * Flow Smoothing: Controls the smoothing applied to raw flow data. * Market Depth Analysis: Sets the depth range for rejection and wick analysis. * Colors: Customize colors for accumulation, distribution, neutral zones, and pressure visualization. INDICATOR LOGIC: The IU Liquidity Flow Tracker uses a multi-factor model to evaluate market behavior: 1. Liquidity Pressure: Combines price spread, price efficiency, and volume imbalance. 2. Flow Direction: Weighted momentum using short, medium, and long-term price changes adjusted for volume. 3. Market Depth: Wick-based rejection scoring to estimate buying/selling aggressiveness at price extremes. 4. Composite Flow Index: Blended value of flow direction, pressure, and depth—smoothed for clarity. 5. Dynamic Thresholds: Automatically adjusts based on volatility to classify the market into: * Accumulation: Strong buying signals. * Distribution: Strong selling signals. * Neutral: No significant flow dominance. 6. Entry Signals: Long/Short signals are generated when flow state shifts, supported by momentum, volume surge, and depth strength. WHY IT IS UNIQUE: Unlike typical indicators that rely solely on price or volume, this tool combines spread behavior, volume polarity, momentum weighting, and price rejection zones into a single visual interface. It dynamically adjusts sensitivity based on market volatility, helping avoid false signals during sideways or low-volume periods. It is not based on any traditional indicator (RSI, MACD, etc.), making it ideal for traders looking for an original and data-driven market read. HOW USER CAN BENEFIT FROM IT: * Understand Market Context: Know whether the market is being accumulated, distributed, or ranging. * Improve Entries/Exits: Use flow transitions combined with volume confirmation for high-probability setups. * Spot Institutional Activity: Detect subtle shifts in liquidity that precede major price moves. * Reduce Whipsaws: Dynamic thresholds and multi-factor confirmation help filter noise. * Use with Any Style: Whether you're a swing trader, day trader, or scalper, this tool adapts to different timeframes and strategies. DISCLAIMER: This indicator is created for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. All trading involves risk, and users should conduct their own analysis or consult with a qualified financial advisor before making any trading decisions. The creator is not responsible for any losses incurred through the use of this tool. Use at your own discretion.
Pine Script® göstergesi
Shivam_Mandrai tarafından
Previous Day High & Low)Previous Day High & Low (PDH/PDL) This simple but essential tool plots the previous day's high and low as dynamic horizontal lines across the current trading session. Ideal for traders who rely on key support and resistance levels, this indicator automatically updates at the start of each new day and extends the levels across the chart. 🔹 Features: Automatically tracks and draws the previous day’s high and low. Lines update cleanly at each new session. Helps identify breakout and reversal zones. Perfect for scalpers, intraday traders, and anyone watching for reactions at key levels.
Pine Script® göstergesi
mikescott10205 tarafından
Market Arterial PressureIndicator Description: Pulse-Market – Market Blood Pressure "I slept and had a dream." In that dream, I wore a white lab coat and shiny black pointed shoes. I felt like a doctor—not of traditional medicine, but of the financial market itself. My mission was clear: to measure the market's blood pressure and diagnose its health. With this vision, I decided to turn the dream into code. Thus, Pulse-Market was born: an indicator designed to listen to the heartbeat of the blockchain, capturing signs of vitality or collapse, and anticipating the pulse of the next trend. But the journey did not stop there. At the core of this creation, I incorporated a profound theory: the cycle of existence — Alpha, Beta, and Omega — concepts that resonate both in science and sacred scriptures. Alpha (α) represents the beginning: the primary impulse, the market's accelerated pulse. Beta (β) symbolizes the middle: the vital rhythm, the stabilizing cadence of prices. Omega (Ω) indicates the end: structural collapse, the exhaustion of a cycle. This logical and symbolic triad forms the foundation of Pulse-Market — the beginning, middle, and end of every market cycle. How to Use the Indicator Pulse-Market works as a dynamic oscillator composed of three main forces: Alpha Pulse (α) Measures recent price acceleration. The stronger the pulse, the more intense the market movement. Beta Rhythm (β) Controls the smoothing of the price rhythm and can be adjusted in four modes: Fast – quick reactions with more sensitivity Normal – standard smoothing (simple moving average) Slow – slow and consistent movements Accelerated – Hull method: reactive and smooth Omega Collapse (Ω) Combines entropy and reversals to detect structural collapses where the market may be losing strength. Visual Interpretation Green line above zero: healthy pulse, buying pressure in control. Red line below zero: strong selling pressure, possible exhaustion. Crossing the zero line: potential trend reversal. Settings and Customization In the indicator settings panel, you can calibrate the pressure reading sensitivity: Systolic Pressure (α): controls the reaction to rapid price impulses. Increase to highlight aggressive moves; decrease to smooth spikes. Diastolic Pressure (β): regulates the importance of the underlying rhythm. Increase for smooth trends; decrease for quicker responses. Pulse Pressure (Ω): sensitivity to structural collapses and volatility. Increase to detect reversals; decrease to ignore market noise. Practical Applications Confirm entry and exit signals based on the balance between Alpha and Omega. Adjust the indicator to your trading style: scalper, day trader, or swing trader. Use on any asset: cryptocurrencies, stocks, indices, forex. Integrated Philosophy We live limited by time and matter, but markets, like life, follow natural cycles: they are born, mature, collapse, and are reborn. Pulse-Market is not just a technical indicator — it is a spiritual and analytical stethoscope that listens to the heartbeat of volatility and tries to anticipate what the eyes cannot see, but time always reveals. Original Creator This indicator was created by Canhoto-Medium, the sole inventor and namer of this tool. As long as time goes on, no other indicator will exist with this essence or name.
Pine Script® göstergesi
Canhoto-Medium tarafından
AP Session Liquidity with EQH/EQL and Previous DayThis indicator plots key intraday session highs and lows, along with essential market structure levels, to help traders identify areas of interest, potential liquidity zones, and high-probability trade setups. It includes the Asia Session High and Low (typically 00:00–08:00 UTC), London Session High and Low (08:00–12:00 UTC), New York AM Session High and Low (12:00–15:00 UTC), and New York Lunch High and Low (15:00–17:00 UTC). Additionally, it displays the Previous Day’s High and Low for context on recent price action, as well as automatically detected Equal Highs and Lows based on configurable proximity settings to highlight potential liquidity pools or engineered price levels. These session levels are widely used by institutional traders and are critical for analyzing market behavior during time-based volatility windows. Traders can use this indicator to anticipate breakouts, fakeouts, and reversals around session boundaries—such as liquidity grabs at Asia highs/lows before the London or New York sessions—or to identify key consolidation and expansion zones. Equal Highs and Lows serve as magnets for price, offering insight into potential stop hunts or inducement zones. This tool is ideal for day traders, scalpers, and smart money concept practitioners, and includes full customization for session timings, color schemes, line styles, and alert conditions. Whether you're trading price action, ICT concepts, or supply and demand, this indicator provides a powerful framework for intraday analysis.
Pine Script® göstergesi
APTRADEZ tarafından
1
VWAP Supply & Demand Zones PRO**Overview:** This script represents a major evolution of the original "VWAP Supply and Demand Zones" indicator. Initially created to explore price interaction with VWAP, it has now matured into a robust and feature-rich tool for identifying high-probability zones of institutional buying and selling pressure. The update introduces volume and momentum validation, dynamic zone management, alert logic, and a visual dashboard (HUD) — all designed for improved precision and clarity. The structural improvements, anti-repainting logic, and significant added utility warranted releasing this as a new script rather than a minor update. --- ### What It Does: This indicator dynamically detects **supply and demand zones** using VWAP-based logic combined with **volume** and **momentum confirmation**. When price crosses VWAP with strength, it identifies the potential zone of excess demand (below VWAP) or supply (above VWAP), marking it visually with colored regions on the chart. Each zone is extended for a user-defined duration, monitored for touch interactions (tests), and tracked for possible breaks. The script helps traders interpret price behavior around these institutional zones as either **reversal** opportunities or **continuation** confirmation depending on context and strategy preference. --- ### How It Works: * **VWAP Basis**: Zones are anchored at VWAP at the time of a significant cross. * **Volume & Momentum Filters**: Crosses are only considered valid if backed by above-average volume and notable price momentum. * **Zone Drawing**: Validated supply and demand zones are drawn as boxes on the chart. Each is extended forward for a customizable number of bars. * **Touch Counting**: Zones track the number of price touches. Alerts are issued after a user-defined number of tests. * **Break Detection**: If price closes significantly beyond a zone boundary, the zone is marked as broken and visually dimmed. * **Visual Dashboard (HUD)**: A compact real-time HUD displays VWAP value, active zone counts, and current market bias. --- ### How to Use It: **Reversal Trading:** * Look for price **rejecting** a zone after touching it. * Use rejection candles or secondary indicators (e.g., RSI divergence) to confirm. * These setups may offer low-risk entries when price respects the zone. **Continuation Trading:** * A **break of a zone** suggests strong directional bias. * Use confirmed zone breaks to enter in the direction of momentum. * Ideal in trending environments, especially with high volume and ATR movement. --- ### Key Inputs: * **VWAP Length**: Moving VWAP period (default: 20) * **Zone Width %**: Percentage size of zone buffer (default: 0.5%) * **Min Touches**: How many times price must test a zone before alerts trigger * **Zone Extension**: How far into the future zones are projected * **Volume & ATR Filters**: Ensure only strong, valid crossovers create zones --- ### Alerts: You can enable alerts for: * **New zone creation** * **Zone tests (after minimum touch count)** * **Zone breaks** * **VWAP crosses** * **Active presence inside a zone (entry conditions)** These alerts help automate market monitoring, making it suitable for discretionary or systematic workflows. --- ### Why It's a New Script: This is not a cosmetic update. The internal logic, signal generation, filtering methodology, visual engine, and UX framework have been entirely rebuilt from the ground up. The result is a highly adaptive, precision-oriented tool — appropriate for intraday scalpers and swing traders alike. It goes far beyond the original in terms of functionality and reliability, justifying a fresh release. --- ### Suitable Markets and Timeframes: * Works across all liquid markets (crypto, equities, futures, forex) * Best used on timeframes where volume data is stable (5m and above recommended) * Recalibrate inputs for optimal detection across instruments
Pine Script® göstergesi
Finntech1 tarafından
15
Market Zone Analyzer[BullByte]Understanding the Market Zone Analyzer --- 1. Purpose of the Indicator The Market Zone Analyzer is a Pine Script™ (version 6) indicator designed to streamline market analysis on TradingView. Rather than scanning multiple separate tools, it unifies four core dimensions—trend strength, momentum, price action, and market activity—into a single, consolidated view. By doing so, it helps traders: • Save time by avoiding manual cross-referencing of disparate signals. • Reduce decision-making errors that can arise from juggling multiple indicators. • Gain a clear, reliable read on whether the market is in a bullish, bearish, or sideways phase, so they can more confidently decide to enter, exit, or hold a position. --- 2. Why a Trader Should Use It • Unified View: Combines all essential market dimensions into one easy-to-read score and dashboard, eliminating the need to piece together signals manually. • Adaptability: Automatically adjusts its internal weighting for trend, momentum, and price action based on current volatility. Whether markets are choppy or calm, the indicator remains relevant. • Ease of Interpretation: Outputs a simple “BULLISH,” “BEARISH,” or “SIDEWAYS” label, supplemented by an intuitive on-chart dashboard and an oscillator plot that visually highlights market direction. • Reliability Features: Built-in smoothing of the net score and hysteresis logic (requiring consecutive confirmations before flips) minimize false signals during noisy or range-bound phases. --- 3. Why These Specific Indicators? This script relies on a curated set of well-established technical tools, each chosen for its particular strength in measuring one of the four core dimensions: 1. Trend Strength: • ADX/DMI (Average Directional Index / Directional Movement Index): Measures how strong a trend is, and whether the +DI line is above the –DI line (bullish) or vice versa (bearish). • Moving Average Slope (Fast MA vs. Slow MA): Compares a shorter-period SMA to a longer-period SMA; if the fast MA sits above the slow MA, it confirms an uptrend, and vice versa for a downtrend. • Ichimoku Cloud Differential (Senkou A vs. Senkou B): Provides a forward-looking view of trend direction; Senkou A above Senkou B signals bullishness, and the opposite signals bearishness. 2. Momentum: • Relative Strength Index (RSI): Identifies overbought (above its dynamically calculated upper bound) or oversold (below its lower bound) conditions; changes in RSI often precede price reversals. • Stochastic %K: Highlights shifts in short-term momentum by comparing closing price to the recent high/low range; values above its upper band signal bullish momentum, below its lower band signal bearish momentum. • MACD Histogram: Measures the difference between the MACD line and its signal line; a positive histogram indicates upward momentum, a negative histogram indicates downward momentum. 3. Price Action: • Highest High / Lowest Low (HH/LL) Range: Over a defined lookback period, this captures breakout or breakdown levels. A closing price near the recent highs (with a positive MA slope) yields a bullish score, and near the lows (with a negative MA slope) yields a bearish score. • Heikin-Ashi Doji Detection: Uses Heikin-Ashi candles to identify indecision or continuation patterns. A small Heikin-Ashi body (doji) relative to recent volatility is scored as neutral; a larger body in the direction of the MA slope is scored bullish or bearish. • Candle Range Measurement: Compares each candle’s high-low range against its own dynamic band (average range ± standard deviation). Large candles aligning with the prevailing trend score bullish or bearish accordingly; unusually small candles can indicate exhaustion or consolidation. 4. Market Activity: • Bollinger Bands Width (BBW): Measures the distance between BB upper and lower bands; wide bands indicate high volatility, narrow bands indicate low volatility. • Average True Range (ATR): Quantifies average price movement (volatility). A sudden spike in ATR suggests a volatile environment, while a contraction suggests calm. • Keltner Channels Width (KCW): Similar to BBW but uses ATR around an EMA. Provides a second layer of volatility context, confirming or contrasting BBW readings. • Volume (with Moving Average): Compares current volume to its moving average ± standard deviation. High volume validates strong moves; low volume signals potential lack of conviction. By combining these tools, the indicator captures trend direction, momentum strength, price-action nuances, and overall market energy, yielding a more balanced and comprehensive assessment than any single tool alone. --- 4. What Makes This Indicator Stand Out • Multi-Dimensional Analysis: Rather than relying on a lone oscillator or moving average crossover, it simultaneously evaluates trend, momentum, price action, and activity. • Dynamic Weighting: The relative importance of trend, momentum, and price action adjusts automatically based on real-time volatility (Market Activity State). For example, in highly volatile conditions, trend and momentum signals carry more weight; in calm markets, price action signals are prioritized. • Stability Mechanisms: • Smoothing: The net score is passed through a short moving average, filtering out noise, especially on lower timeframes. • Hysteresis: Both Market Activity State and the final bullish/bearish/sideways zone require two consecutive confirmations before flipping, reducing whipsaw. • Visual Interpretation: A fully customizable on-chart dashboard displays each sub-indicator’s value, regime, score, and comment, all color-coded. The oscillator plot changes color to reflect the current market zone (green for bullish, red for bearish, gray for sideways) and shows horizontal threshold lines at +2, 0, and –2. --- 5. Recommended Timeframes • Short-Term (5 min, 15 min): Day traders and scalpers can benefit from rapid signals, but should enable smoothing (and possibly disable hysteresis) to reduce false whipsaws. • Medium-Term (1 h, 4 h): Swing traders find a balance between responsiveness and reliability. Less smoothing is required here, and the default parameters (e.g., ADX length = 14, RSI length = 14) perform well. • Long-Term (Daily, Weekly): Position traders tracking major trends can disable smoothing for immediate raw readings, since higher-timeframe noise is minimal. Adjust lookback lengths (e.g., increase adxLength, rsiLength) if desired for slower signals. Tip: If you keep smoothing off, stick to timeframes of 1 h or higher to avoid excessive signal “chatter.” --- 6. How Scoring Works A. Individual Indicator Scores Each sub-indicator is assigned one of three discrete scores: • +1 if it indicates a bullish condition (e.g., RSI above its dynamically calculated upper bound). • 0 if it is neutral (e.g., RSI between upper and lower bounds). • –1 if it indicates a bearish condition (e.g., RSI below its dynamically calculated lower bound). Examples of individual score assignments: • ADX/DMI: • +1 if ADX ≥ adxThreshold and +DI > –DI (strong bullish trend) • –1 if ADX ≥ adxThreshold and –DI > +DI (strong bearish trend) • 0 if ADX < adxThreshold (trend strength below threshold) • RSI: • +1 if RSI > RSI_upperBound • –1 if RSI < RSI_lowerBound • 0 otherwise • ATR (as part of Market Activity): • +1 if ATR > (ATR_MA + stdev(ATR)) • –1 if ATR < (ATR_MA – stdev(ATR)) • 0 otherwise Each of the four main categories shares this same +1/0/–1 logic across their sub-components. B. Category Scores Once each sub-indicator reports +1, 0, or –1, these are summed within their categories as follows: • Trend Score = (ADX score) + (MA slope score) + (Ichimoku differential score) • Momentum Score = (RSI score) + (Stochastic %K score) + (MACD histogram score) • Price Action Score = (Highest-High/Lowest-Low score) + (Heikin-Ashi doji score) + (Candle range score) • Market Activity Raw Score = (BBW score) + (ATR score) + (KC width score) + (Volume score) Each category’s summed value can range between –3 and +3 (for Trend, Momentum, and Price Action), and between –4 and +4 for Market Activity raw. C. Market Activity State and Dynamic Weight Adjustments Rather than contributing directly to the netScore like the other three categories, Market Activity determines how much weight to assign to Trend, Momentum, and Price Action: 1. Compute Market Activity Raw Score by summing BBW, ATR, KCW, and Volume individual scores (each +1/0/–1). 2. Bucket into High, Medium, or Low Activity: • High if raw Score ≥ 2 (volatile market). • Low if raw Score ≤ –2 (calm market). • Medium otherwise. 3. Apply Hysteresis (if enabled): The state only flips after two consecutive bars register the same high/low/medium label. 4. Set Category Weights: • High Activity: Trend = 50 %, Momentum = 35 %, Price Action = 15 %. • Low Activity: Trend = 25 %, Momentum = 20 %, Price Action = 55 %. • Medium Activity: Use the trader’s base weight inputs (e.g., Trend = 40 %, Momentum = 30 %, Price Action = 30 % by default). D. Calculating the Net Score 5. Normalize Base Weights (so that the sum of Trend + Momentum + Price Action always equals 100 %). 6. Determine Current Weights based on the Market Activity State (High/Medium/Low). 7. Compute Each Category’s Contribution: Multiply (categoryScore) × (currentWeight). 8. Sum Contributions to get the raw netScore (a floating-point value that can exceed ±3 when scores are strong). 9. Smooth the netScore over two bars (if smoothing is enabled) to reduce noise. 10. Apply Hysteresis to the Final Zone: • If the smoothed netScore ≥ +2, the bar is classified as “Bullish.” • If the smoothed netScore ≤ –2, the bar is classified as “Bearish.” • Otherwise, it is “Sideways.” • To prevent rapid flips, the script requires two consecutive bars in the new zone before officially changing the displayed zone (if hysteresis is on). E. Thresholds for Zone Classification • BULLISH: netScore ≥ +2 • BEARISH: netScore ≤ –2 • SIDEWAYS: –2 < netScore < +2 --- 7. Role of Volatility (Market Activity State) in Scoring Volatility acts as a dynamic switch that shifts which category carries the most influence: 1. High Activity (Volatile): • Detected when at least two sub-scores out of BBW, ATR, KCW, and Volume equal +1. • The script sets Trend weight = 50 % and Momentum weight = 35 %. Price Action weight is minimized at 15 %. • Rationale: In volatile markets, strong trending moves and momentum surges dominate, so those signals are more reliable than nuanced candle patterns. 2. Low Activity (Calm): • Detected when at least two sub-scores out of BBW, ATR, KCW, and Volume equal –1. • The script sets Price Action weight = 55 %, Trend = 25 %, and Momentum = 20 %. • Rationale: In quiet, sideways markets, subtle price-action signals (breakouts, doji patterns, small-range candles) are often the best early indicators of a new move. 3. Medium Activity (Balanced): • Raw Score between –1 and +1 from the four volatility metrics. • Uses whatever base weights the trader has specified (e.g., Trend = 40 %, Momentum = 30 %, Price Action = 30 %). Because volatility can fluctuate rapidly, the script employs hysteresis on Market Activity State: a new High or Low state must occur on two consecutive bars before weights actually shift. This avoids constant back-and-forth weight changes and provides more stability. --- 8. Scoring Example (Hypothetical Scenario) • Symbol: Bitcoin on a 1-hour chart. • Market Activity: Raw volatility sub-scores show BBW (+1), ATR (+1), KCW (0), Volume (+1) → Total raw Score = +3 → High Activity. • Weights Selected: Trend = 50 %, Momentum = 35 %, Price Action = 15 %. • Trend Signals: • ADX strong and +DI > –DI → +1 • Fast MA above Slow MA → +1 • Ichimoku Senkou A > Senkou B → +1 → Trend Score = +3 • Momentum Signals: • RSI above upper bound → +1 • MACD histogram positive → +1 • Stochastic %K within neutral zone → 0 → Momentum Score = +2 • Price Action Signals: • Highest High/Lowest Low check yields 0 (close not near extremes) • Heikin-Ashi doji reading is neutral → 0 • Candle range slightly above upper bound but trend is strong, so → +1 → Price Action Score = +1 • Compute Net Score (before smoothing): • Trend contribution = 3 × 0.50 = 1.50 • Momentum contribution = 2 × 0.35 = 0.70 • Price Action contribution = 1 × 0.15 = 0.15 • Raw netScore = 1.50 + 0.70 + 0.15 = 2.35 • Since 2.35 ≥ +2 and hysteresis is met, the final zone is “Bullish.” Although the netScore lands at 2.35 (Bullish), smoothing might bring it slightly below 2.00 on the first bar (e.g., 1.90), in which case the script would wait for a second consecutive reading above +2 before officially classifying the zone as Bullish (if hysteresis is enabled). --- 9. Correlation Between Categories The four categories—Trend Strength, Momentum, Price Action, and Market Activity—often reinforce or offset one another. The script takes advantage of these natural correlations: • Bullish Alignment: If ADX is strong and pointed upward, fast MA is above slow MA, and Ichimoku is positive, that usually coincides with RSI climbing above its upper bound and the MACD histogram turning positive. In such cases, both Trend and Momentum categories generate +1 or +2. Because the Market Activity State is likely High (given the accompanying volatility), Trend and Momentum weights are at their peak, so the netScore quickly crosses into Bullish territory. • Sideways/Consolidation: During a low-volatility, sideways phase, ADX may fall below its threshold, MAs may flatten, and RSI might hover in the neutral band. However, subtle price-action signals (like a small breakout candle or a Heikin-Ashi candle with a slight bias) can still produce a +1 in the Price Action category. If Market Activity is Low, Price Action’s weight (55 %) can carry enough influence—even if Trend and Momentum are neutral—to push the netScore out of “Sideways” into a mild bullish or bearish bias. • Opposing Signals: When Trend is bullish but Momentum turns negative (for example, price continues up but RSI rolls over), the two scores can partially cancel. Market Activity may remain Medium, in which case the netScore lingers near zero (Sideways). The trader can then wait for either a clearer momentum shift or a fresh price-action breakout before committing. By dynamically recognizing these correlations and adjusting weights, the indicator ensures that: • When Trend and Momentum align (and volatility supports it), the netScore leaps strongly into Bullish or Bearish. • When Trend is neutral but Price Action shows an early move in a low-volatility environment, Price Action’s extra weight in the Low Activity State can still produce actionable signals. --- 10. Market Activity State & Its Role (Detailed) The Market Activity State is not a direct category score—it is an overarching context setter for how heavily to trust Trend, Momentum, or Price Action. Here’s how it is derived and applied: 1. Calculate Four Volatility Sub-Scores: • BBW: Compare the current band width to its own moving average ± standard deviation. If BBW > (BBW_MA + stdev), assign +1 (high volatility); if BBW < (BBW_MA × 0.5), assign –1 (low volatility); else 0. • ATR: Compare ATR to its moving average ± standard deviation. A spike above the upper threshold is +1; a contraction below the lower threshold is –1; otherwise 0. • KCW: Same logic as ATR but around the KCW mean. • Volume: Compare current volume to its volume MA ± standard deviation. Above the upper threshold is +1; below the lower threshold is –1; else 0. 2. Sum Sub-Scores → Raw Market Activity Score: Range between –4 and +4. 3. Assign Market Activity State: • High Activity: Raw Score ≥ +2 (at least two volatility metrics are strongly spiking). • Low Activity: Raw Score ≤ –2 (at least two metrics signal unusually low volatility or thin volume). • Medium Activity: Raw Score is between –1 and +1 inclusive. 4. Hysteresis for Stability: • If hysteresis is enabled, a new state only takes hold after two consecutive bars confirm the same High, Medium, or Low label. • This prevents the Market Activity State from bouncing around when volatility is on the fence. 5. Set Category Weights Based on Activity State: • High Activity: Trend = 50 %, Momentum = 35 %, Price Action = 15 %. • Low Activity: Trend = 25 %, Momentum = 20 %, Price Action = 55 %. • Medium Activity: Use trader’s base weights (e.g., Trend = 40 %, Momentum = 30 %, Price Action = 30 %). 6. Impact on netScore: Because category scores (–3 to +3) multiply by these weights, High Activity amplifies the effect of strong Trend and Momentum scores; Low Activity amplifies the effect of Price Action. 7. Market Context Tooltip: The dashboard includes a tooltip summarizing the current state—e.g., “High activity, trend and momentum prioritized,” “Low activity, price action prioritized,” or “Balanced market, all categories considered.” --- 11. Category Weights: Base vs. Dynamic Traders begin by specifying base weights for Trend Strength, Momentum, and Price Action that sum to 100 %. These apply only when volatility is in the Medium band. Once volatility shifts: • High Volatility Overrides: • Trend jumps from its base (e.g., 40 %) to 50 %. • Momentum jumps from its base (e.g., 30 %) to 35 %. • Price Action is reduced to 15 %. Example: If base weights were Trend = 40 %, Momentum = 30 %, Price Action = 30 %, then in High Activity they become 50/35/15. A Trend score of +3 now contributes 3 × 0.50 = +1.50 to netScore; a Momentum +2 contributes 2 × 0.35 = +0.70. In total, Trend + Momentum can easily push netScore above the +2 threshold on its own. • Low Volatility Overrides: • Price Action leaps from its base (30 %) to 55 %. • Trend falls to 25 %, Momentum falls to 20 %. Why? When markets are quiet, subtle candle breakouts, doji patterns, and small-range expansions tend to foreshadow the next swing more effectively than raw trend readings. A Price Action score of +3 in this state contributes 3 × 0.55 = +1.65, which can carry the netScore toward +2—even if Trend and Momentum are neutral or only mildly positive. Because these weight shifts happen only after two consecutive bars confirm a High or Low state (if hysteresis is on), the indicator avoids constantly flipping its emphasis during borderline volatility phases. --- 12. Dominant Category Explained Within the dashboard, a label such as “Trend Dominant,” “Momentum Dominant,” or “Price Action Dominant” appears when one category’s absolute weighted contribution to netScore is the largest. Concretely: • Compute each category’s weighted contribution = (raw category score) × (current weight). • Compare the absolute values of those three contributions. • The category with the highest absolute value is flagged as Dominant for that bar. Why It Matters: • Momentum Dominant: Indicates that the combined force of RSI, Stochastic, and MACD (after weighting) is pushing netScore farther than either Trend or Price Action. In practice, it means that short-term sentiment and speed of change are the primary drivers right now, so traders should watch for continued momentum signals before committing to a trade. • Trend Dominant: Means ADX, MA slope, and Ichimoku (once weighted) outweigh the other categories. This suggests a strong directional move is in place; trend-following entries or confirming pullbacks are likely to succeed. • Price Action Dominant: Occurs when breakout/breakdown patterns, Heikin-Ashi candle readings, and range expansions (after weighting) are the most influential. This often happens in calmer markets, where subtle shifts in candle structure can foreshadow bigger moves. By explicitly calling out which category is carrying the most weight at any moment, the dashboard gives traders immediate insight into why the netScore is tilting toward bullish, bearish, or sideways. --- 13. Oscillator Plot: How to Read It The “Net Score” oscillator sits below the dashboard and visually displays the smoothed netScore as a line graph. Key features: 1. Value Range: In normal conditions it oscillates roughly between –3 and +3, but extreme confluences can push it outside that range. 2. Horizontal Threshold Lines: • +2 Line (Bullish threshold) • 0 Line (Neutral midline) • –2 Line (Bearish threshold) 3. Zone Coloring: • Green Background (Bullish Zone): When netScore ≥ +2. • Red Background (Bearish Zone): When netScore ≤ –2. • Gray Background (Sideways Zone): When –2 < netScore < +2. 4. Dynamic Line Color: • The plotted netScore line itself is colored green in a Bullish Zone, red in a Bearish Zone, or gray in a Sideways Zone, creating an immediate visual cue. Interpretation Tips: • Crossing Above +2: Signals a strong enough combined trend/momentum/price-action reading to classify as Bullish. Many traders wait for a clear crossing plus a confirmation candle before entering a long position. • Crossing Below –2: Indicates a strong Bearish signal. Traders may consider short or exit strategies. • Rising Slope, Even Below +2: If netScore climbs steadily from neutral toward +2, it demonstrates building bullish momentum. • Divergence: If price makes a higher high but the oscillator fails to reach a new high, it can warn of weakening momentum and a potential reversal. --- 14. Comments and Their Necessity Every sub-indicator (ADX, MA slope, Ichimoku, RSI, Stochastic, MACD, HH/LL, Heikin-Ashi, Candle Range, BBW, ATR, KCW, Volume) generates a short comment that appears in the detailed dashboard. Examples: • “Strong bullish trend” or “Strong bearish trend” for ADX/DMI • “Fast MA above slow MA” or “Fast MA below slow MA” for MA slope • “RSI above dynamic threshold” or “RSI below dynamic threshold” for RSI • “MACD histogram positive” or “MACD histogram negative” for MACD Hist • “Price near highs” or “Price near lows” for HH/LL checks • “Bullish Heikin Ashi” or “Bearish Heikin Ashi” for HA Doji scoring • “Large range, trend confirmed” or “Small range, trend contradicted” for Candle Range Additionally, the top-row comment for each category is: • Trend: “Highly Bullish,” “Highly Bearish,” or “Neutral Trend.” • Momentum: “Strong Momentum,” “Weak Momentum,” or “Neutral Momentum.” • Price Action: “Bullish Action,” “Bearish Action,” or “Neutral Action.” • Market Activity: “Volatile Market,” “Calm Market,” or “Stable Market.” Reasons for These Comments: • Transparency: Shows exactly how each sub-indicator contributed to its category score. • Education: Helps traders learn why a category is labeled bullish, bearish, or neutral, building intuition over time. • Customization: If, for example, the RSI comment says “RSI neutral” despite an impending trend shift, a trader might choose to adjust RSI length or thresholds. In the detailed dashboard, hovering over each comment cell also reveals a tooltip with additional context (e.g., “Fast MA above slow MA” or “Senkou A above Senkou B”), helping traders understand the precise rule behind that +1, 0, or –1 assignment. --- 15. Real-Life Example (Consolidated) • Instrument & Timeframe: Bitcoin (BTCUSD), 1-hour chart. • Current Market Activity: BBW and ATR both spike (+1 each), KCW is moderately high (+1), but volume is only neutral (0) → Raw Market Activity Score = +2 → State = High Activity (after two bars, if hysteresis is on). • Category Weights Applied: Trend = 50 %, Momentum = 35 %, Price Action = 15 %. • Trend Sub-Scores: 1. ADX = 25 (above threshold 20) with +DI > –DI → +1. 2. Fast MA (20-period) sits above Slow MA (50-period) → +1. 3. Ichimoku: Senkou A > Senkou B → +1. → Trend Score = +3. • Momentum Sub-Scores: 4. RSI = 75 (above its moving average +1 stdev) → +1. 5. MACD histogram = +0.15 → +1. 6. Stochastic %K = 50 (mid-range) → 0. → Momentum Score = +2. • Price Action Sub-Scores: 7. Price is not within 1 % of the 20-period high/low and slope = positive → 0. 8. Heikin-Ashi body is slightly larger than stdev over last 5 bars with haClose > haOpen → +1. 9. Candle range is just above its dynamic upper bound but trend is already captured, so → +1. → Price Action Score = +2. • Calculate netScore (before smoothing): • Trend contribution = 3 × 0.50 = 1.50 • Momentum contribution = 2 × 0.35 = 0.70 • Price Action contribution = 2 × 0.15 = 0.30 • Raw netScore = 1.50 + 0.70 + 0.30 = 2.50 → Immediately classified as Bullish. • Oscillator & Dashboard Output: • The oscillator line crosses above +2 and turns green. • Dashboard displays: • Trend Regime “BULLISH,” Trend Score = 3, Comment = “Highly Bullish.” • Momentum Regime “BULLISH,” Momentum Score = 2, Comment = “Strong Momentum.” • Price Action Regime “BULLISH,” Price Action Score = 2, Comment = “Bullish Action.” • Market Activity State “High,” Comment = “Volatile Market.” • Weights: Trend 50 %, Momentum 35 %, Price Action 15 %. • Dominant Category: Trend (because 1.50 > 0.70 > 0.30). • Overall Score: 2.50, posCount = (three +1s in Trend) + (two +1s in Momentum) + (two +1s in Price Action) = 7 bullish signals, negCount = 0. • Final Zone = “BULLISH.” • The trader sees that both Trend and Momentum are reinforcing each other under high volatility. They might wait one more candle for confirmation but already have strong evidence to consider a long. --- • . --- Disclaimer This indicator is strictly a technical analysis tool and does not constitute financial advice. All trading involves risk, including potential loss of capital. Past performance is not indicative of future results. Traders should: • Always backtest the “Market Zone Analyzer ” on their chosen symbols and timeframes before committing real capital. • Combine this tool with sound risk management, position sizing, and, if possible, fundamental analysis. • Understand that no indicator is foolproof; always be prepared for unexpected market moves. Goodluck -BullByte! ---
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