ZenAlgo - Heavy DeltaThe ZenAlgo - Heavy Delta indicator is a comprehensive technical analysis tool designed for traders seeking a deeper understanding of market dynamics. It combines multiple advanced sub-indicators, including Order Blocks, Moving Averages, VWAP, and Delta Volume analysis, and more to provide actionable insights. This indicator is particularly useful for identifying potential trade entries and exits based on institutional order flow and price action patterns.
Features
Order Block Detection: Identifies bullish and bearish order blocks with detailed visualization and volume analysis.
VWAP (Volume Weighted Average Price): Tracks the average price of a security weighted by volume over various anchor periods.
Moving Averages (MA): Customizable MAs (13, 21, 50, 200 periods) to detect trends and momentum shifts.
Daily Open and Monday Range: Highlights key levels like daily open and intraday/multi-day high-low ranges for better price context.
Delta Volume Analysis: Measures the net difference between buying and selling volume for market sentiment insights.
Divergence Detection: Detects regular and hidden bullish/bearish divergences for trend reversal opportunities.
Visual Alerts: Displays intuitive symbols for potential buy/sell signals and key price levels.
Added Value: Why Is This Indicator Original/Why Shall You Pay for This Indicator?
The ZenAlgo - Heavy Delta indicator offers a distinct advantage by integrating multiple analysis techniques into one cohesive tool. While many individual indicators are freely available, this script goes beyond simple overlays to provide an advanced analytical framework. Here’s why it stands out:
1. Synergy of Indicators
Order Blocks: These are not static; the indicator dynamically calculates zones where institutional activity likely occurred, supported by volume-weighted metrics.
Delta Volume Analysis: Freely available delta volume tools typically show raw data, but this script filters noise, categorizes volume into meaningful up/down segments, and integrates it with other signals for context.
VWAP and Moving Averages: VWAP and customizable MAs are enhanced with divergence checks, color-coded trends, and market state classifications. This integration helps confirm trends and reversals with higher precision.
2. Volume-Based Insights
Traditional volume indicators often fail to show the "intent" behind price moves. This script combines delta volume and order block data to highlight areas of significant buying or selling pressure and their potential impacts on future price action.
3. Visual Simplicity with Advanced Logic
Unlike using several separate tools, which can clutter your chart, this indicator presents a streamlined interface. Every plotted element serves a clear purpose, minimizing distractions while maximizing actionable insights.
4. Customized for Active Traders
The indicator doesn’t just provide standard calculations. It includes proprietary adjustments like mitigation thresholds in order blocks, percentage-based signals for VWAP, and delta volume intensity levels that align better with active market conditions.
5. Why Pay for It?
Time and effort savings: Instead of setting up and calibrating multiple tools, this indicator combines them into a single efficient package.
Enhanced accuracy: Each sub-indicator validates the others, reducing false signals.
Unique features: For instance, the script automatically adjusts for multi-timeframe inconsistencies and uses gradient color fills to convey volume strength in order blocks—a feature absent in free indicators.
How It Works
The indicator combines individual sub-indicators into a logical framework where each part contributes to the overall analysis. Here’s how each feature operates:
1. Order Blocks
Identification: Uses specific price action patterns to locate zones of likely institutional interest (bullish or bearish blocks).
Dynamic Updates: The blocks adjust as new price data comes in, ensuring their relevance. Volume within these zones is weighted, helping assess their strength and potential price reactions.
Visual Enhancements: Blocks are color-coded and filled with gradients based on volume intensity, providing immediate visual cues about their importance.
2. VWAP (Volume Weighted Average Price)
Calculation: Anchored to user-selected periods (daily, weekly, etc.), VWAP is recalculated in real-time, showing the "fair" price based on traded volume.
Integration: Acts as a dynamic support/resistance line, particularly useful in intraday and swing trading. Labels provide percentage deviation for quick interpretation.
3. Moving Averages (MAs)
Customization: Supports various types (EMA, SMA, etc.) and lengths (13, 21, 50, 200). Traders can configure these to suit their strategies.
Market Status: By comparing the price to these MAs, the indicator classifies the market as Full Bull, Bullish, Neutral, Bearish, or Full Bear. This high-level summary helps traders quickly gauge market sentiment.
4. Delta Volume
Core Logic: Calculates the net difference between buying and selling pressure (volume) for each candle.
Visual Signals: Plots symbols when significant delta volume changes coincide with other indicator signals, like divergence or order block activity.
5. Daily Open and Monday Range
Purpose: Identifies key psychological levels like the daily open and the high/low range for the first trading day of the week.
Context: Highlights these levels with dynamic percentage changes, helping traders understand how price is behaving relative to them.
6. Divergence Detection
Logic: Tracks discrepancies between price movement and momentum (via Moving Averages, Delta Volume, and Order Blocks). These divergences often precede reversals.
Validation: Divergences are only flagged when other features, like delta volume shifts or order block interactions, confirm the setup.
By combining these tools in a meaningful way, ZenAlgo - Heavy Delta transforms raw data into actionable intelligence, giving traders a comprehensive view of market dynamics and a significant edge in decision-making.
Why Use Heikin Ashi for Heavy Delta?
The ZenAlgo - Heavy Delta indicator is optimized for Heikin Ashi (HA) candles, which smooth out market noise and make trends more visually apparent. Heikin Ashi works best for this strategy for several key reasons:
Why Heikin Ashi Works Best
Trend Clarity: Unlike traditional candlesticks, Heikin Ashi averages price data to create smoother transitions. This helps the indicator better identify sustained trends and reduces false signals caused by short-term price fluctuations.
Noise Reduction: HA candles filter out minor fluctuations and emphasize the overall market direction, making it easier to align the indicator’s signals (like Delta Volume and Order Blocks) with larger market movements.
Improved Visual Insights: Features like Order Blocks and Delta Volume align well with Heikin Ashi's smoothed representation, as it avoids the erratic movements that traditional candles sometimes display.
Better Support for Trend Strategies: Heikin Ashi candles naturally highlight key reversals and continuation patterns, which complement the analytical goals of this indicator.
Important Notes About Heikin Ashi:
Synthetic Nature of HA Candles: Heikin Ashi values are calculated differently than traditional candles. For example: a) The open is the average of the prior candle's open and close. b) The close is the average of the high, low, open, and close. This synthetic nature means that HA candles do not reflect actual market prices but rather smoothed averages, which can slightly lag real-time price movements.
Lagging Effect: Because HA candles use averaged data, they can lag behind actual price action. This is beneficial for identifying trends but less effective for precise entry/exit timing.
Inaccuracy in Low Volatility: In low-volume or low-volatility conditions, HA candles may distort actual price dynamics, leading to less reliable insights.
No Direct Alerts or Buy/Sell Signals : Issuing explicit buy or sell signals based on Heikin Ashi candles is not possible due to their averaged, synthetic nature. As such, the ZenAlgo - Heavy Delta indicator does not generate direct trading signals. Instead, the indicator is a decision-support tool that provides insights into trends, volume dynamics, and potential key levels, leaving trade execution to the trader's discretion.
Usage Examples
Trend Confirmation: Use the MA market status to identify if the market is in a Full Bull or Bear state.
Reversal Zones: Monitor order block zones for price rejection or absorption, signaling a potential reversal.
Breakout Trading: Trade breakouts when price surpasses VWAP or Monday Range highs/lows.
Delta Divergence: Look for positive/negative delta volume divergences during consolidations for breakout cues.
Mean Reversion: Use VWAP or MAs as dynamic support/resistance for mean reversion setups.
Intraday Scalping: Utilize daily open and intraday levels for short-term trades.
Swing Trading: Employ order blocks and multi-day ranges to frame swing trade setups.
Volume Climax: Identify volume spikes using Delta Volume to confirm trend continuation or reversal.
Momentum Trading: Combine divergence signals with Delta Volume for high-conviction entries.
Risk Management: Use defined order block boundaries to set stop losses and targets.
Settings
Order Blocks: Customize label visibility, label offsets, and block appearance.
VWAP: Adjust anchor period and toggle visibility.
Moving Averages: Configure length, type (EMA, SMA, etc.), and visibility of MAs (13, 21, 50, 200).
Delta Volume: Enable/disable delta symbols and labels, adjust sensitivity multipliers.
Daily Open/Monday Range: Toggle visibility and customize display preferences.
General Visuals: Adjust label offsets, color schemes, and transparency.
Important Notes
This indicator is a technical analysis tool and does not guarantee trading success.
Use it in conjunction with other indicators and fundamental analysis for a more comprehensive trading strategy.
Performance may vary in low-liquidity markets or during sudden news events.
Divergence signals might fail in strongly trending markets.
Komut dosyalarını "scalping" için ara
Williams %R IntensityOverview
"Williams %R Intensity" is a unique indicator that combines the classic Williams %R with a dynamic intensity-based visualization. This indicator helps traders identify overbought and oversold conditions with enhanced clarity while also predicting potential future crossovers using smoothed slope calculations. It is tailored for traders seeking a more nuanced approach to trend detection and momentum analysis.
Features and How It Works
Core Calculation:
Williams %R : Measures the current closing price relative to the highest high and lowest low over a user-defined length (default: 14).
Exponential Moving Average (EMA) : Smoothens the %R values for better trend tracking (default length: 14).
Overbought/Oversold Zones :
Upper and lower threshold levels are set at -20 (overbought) and -80 (oversold), making it easier to identify extreme conditions.
Intensity Visualization:
The intensity is calculated based on the absolute distance between Williams %R and its EMA.
The closer the value is to extreme levels, the more pronounced the visual intensity, capping at 90% transparency.
Overbought conditions are highlighted in red; oversold conditions in teal.
Crossover Signals:
Bullish Cross: When Williams %R crosses above its EMA in the oversold zone.
Bearish Cross: When Williams %R crosses below its EMA in the overbought zone.
The background color changes (lime for bullish, red for bearish) to highlight these critical moments when enabled via the "Show Cross & Predicted Cross Signal" option.
Future Cross Prediction:
Uses the smoothed slope of %R to estimate future values over a customizable number of steps.
Predicts potential bullish or bearish crosses based on the interaction between the predicted Williams %R and EMA.
Light green and light red background colors indicate predicted bullish and bearish crosses, respectively.
How to Use
Trend Detection: Use the Williams %R and its EMA to identify ongoing trends and confirm their strength.
Overbought/Oversold Analysis: Pay attention to crosses in extreme zones (-20 and -80) for potential reversals.
Intensity-Based Filtering: The intensity visualization helps to focus on the most significant conditions, reducing noise.
Cross Prediction: Enable "Show Cross & Predicted Cross Signal" to anticipate future turning points and plan trades proactively.
Example Applications
Scalping: Monitor rapid crossovers in lower timeframes for quick entries and exits.
Swing Trading: Use the overbought/oversold zones and cross predictions to identify longer-term reversal opportunities.
Risk Management: The intensity visualization can be used to filter out weak signals, ensuring higher-quality trade setups.
Chart Information
For clarity and compliance with publishing standards:
The chart should display the full symbol, timeframe, and the script name ("Williams %R Intensity").
Ensure the indicator is visible and properly configured for the chart.
The Ultimate strategy by ATK**The Ultimate Strategy by ATK**
This comprehensive trading script is designed to enhance market analysis and trading strategies by integrating advanced tools for market structure, SMT (Separation and Divergence), Fair Value Gaps (FVG), and session-based insights. With customizable features, real-time alerts, and multi-timeframe functionality, this script caters to both scalpers and long-term traders seeking deeper market insights.
### 🔵 **Key Features**
**🔹 SMT (Divergence) Detection:**
- **High/Low SMT Analysis:** Compares highs and lows between a primary symbol (e.g., NQ1!) and a user-defined comparison symbol (e.g., ES1!).
- Automatically visualizes discrepancies with red (highs) and green (lows) lines.
- Supports two modes: real-time comparison and historical range checks.
- Alerts for detected SMT conditions.
- **Close Price SMT Analysis:** Compares closing prices to highlight divergences.
- Includes user-defined lookback periods and granular cycle-based SMT detection.
**🔹 PSP (Precision Swing Point):**
- Detects and highlights price divergences between symbols, such as NQ and ES, with multi-timeframe compatibility (15-minute, 1-hour, 4-hour).
- Integrated PSP table for visualizing divergences across timeframes.
- Configurable for first PSP detection only or all patterns without lower timeframe interference.
**🔹 Session Analysis with ASIA Session Insights:**
- Tracks high and low prices during the Asia session (1:00–7:00 AM Israel time).
- Draws horizontal lines marking session highs and lows.
- Alerts when prices cross session boundaries.
**🔹 FFMS (First Five-Minute Strategy):**
- Utilizes the high and low of the first five minutes of the trading day.
- Generates buy or sell signals based on retracement and breakout conditions around the previous day’s high/low.
- Real-time alerts for long and short opportunities.
**🔹 Multi-Timeframe Tables and Alerts:**
- Displays SMT and PSP conditions across multiple timeframes (1-minute, 15-minute, 1-hour, etc.).
- Alerts for SMT divergences and PSP patterns across selected time intervals.
**🔹 Visual Enhancements and Customizability:**
- Color-coded lines and labels for easy interpretation of SMT, PSP, and session levels.
- User-friendly input settings for symbol selection, session tracking, and cycle configuration.
- Flexible session range adjustments with macro and micro cycle segmentation (90-minute and 6-hour sessions).
### 🎯 **Use Cases**
- **Scalping:** Analyze short-term divergences with real-time SMT and PSP detection on lower timeframes.
- **Swing Trading:** Leverage session-based insights and SMT conditions to identify potential reversal points.
- **Multi-Symbol Analysis:** Compare key indices or assets (e.g., NQ vs. ES) for SMT-based opportunities.
This script is perfect for traders looking to combine advanced tools into a seamless, actionable trading system. Stay ahead of the markets with **The Ultimate Strategy by ATK**!
BRT MACD CustomBRT MACD Custom — Adaptive and Flexible MACD for Multi-Timeframe Analysis
The BRT MACD Custom is an advanced version of the traditional MACD indicator, offering additional flexibility and adaptability for multi-timeframe trading. This custom script allows traders to adjust the calculation parameters for MACD to suit their specific trading strategy, timeframe, and market conditions.
Key Features
Multi-Timeframe Support
Unlike the standard MACD, this indicator lets you choose a specific timeframe (different from the chart timeframe) for calculating MACD values. This feature provides more flexibility in analyzing market trends on multiple timeframes without changing the main chart.
Example: You can analyze MACD on a 15-minute timeframe even when your chart is set to 1-minute, giving you broader market insights.
Customizable EMA and Signal Settings
Users can adjust the fast and slow EMA lengths as well as the signal smoothing to better align with their preferred trading strategies. The script allows switching between the two popular types of moving averages — SMA or EMA — for both the MACD and the signal line.
Volatility-Based Adaptive EMA
The script includes an adaptive mechanism for EMA calculation. When the selected timeframe closes, the indicator dynamically adjusts the calculation, ensuring the MACD values respond quickly to market volatility. This makes the indicator more reactive compared to static MACD implementations.
Shift Options for MACD, Signal, and Histogram
The indicator allows shifting the MACD, signal line, and histogram values by one or more bars. This can be useful for backtesting and simulating strategies where you anticipate future price movements.
Signal Alerts for Long and Short Trades
The script generates visual signals when certain conditions are met, indicating potential long or short trade opportunities. These signals are based on MACD and histogram crossovers:
Long Signal: Triggered when MACD is above the signal line and both are rising.
Short Signal: Triggered when MACD is below the signal line and both are falling.
Custom Plotting
The MACD line, signal line, and histogram are plotted on the chart for easy visualization. The histogram changes colors to reflect positive or negative momentum:
Green shades when MACD is above the signal line.
Red shades when MACD is below the signal line.
Applications in Trading
The BRT MACD Custom is ideal for traders who need flexibility in their technical analysis. Its multi-timeframe capabilities and customizable moving averages make it suitable for day trading, swing trading, and long-term investing across a variety of markets.
Scalping: Use the 1-minute or 5-minute timeframe to identify short-term trends while calculating MACD on a higher timeframe such as 15 or 30 minutes.
Swing Trading: Apply the indicator on 1-hour or 4-hour charts to detect mid-term trends.
Long-Term Investing: Analyze daily or weekly charts with longer EMA periods to confirm market direction before making large investments.
Vasyl Ivanov | Order BlocksOrder Blocks Indicator for Long-Term Traders and Scalpers
This indicator is designed to identify order blocks (OBs) across multiple timeframes, offering flexible and adaptable detection mechanisms for both strong and weaker price movements.
Key Features:
Flexible OB Detection:
Detects order blocks with 3 candles during strong movements.
Detects order blocks with 4 candles during weaker movements.
Identifies the highest or lowest extremum between the 1st and 2nd candles to define the starting point of the OB, ensuring accuracy in ranging and trending markets.
In cases where the 2nd candle's extremum is the highest/lowest, the OB size adjusts accordingly.
Multi-Timeframe Analysis:
This indicator enables seamless multi-timeframe order block analysis, removing the need to manually switch between timeframes.
Timeframe mapping:
For intraday and lower timeframes:
< 5 min maps to 30 min
<= 15 min maps to 1 hour
<= 1 hour maps to 4 hours
All other intraday maps to 1 day
Daily charts and higher map to 1 week
This automatic adjustment lets you view both current and parent timeframe order blocks without hassle.
Customizable Backtest Analysis:
The indicator includes a "Show/Hide Overlapped Order Blocks" feature, allowing you to hide order blocks that have already been overlapped. This feature aids in backtesting and historical analysis by offering a cleaner view of how past price action interacted with detected blocks.
Color Differentiation by Timeframe:
Customize different colors for local and parent timeframes to easily differentiate order blocks from various timeframes at a glance.
Candle Wicks Customization:
The 'Use Candle Wicks' option allows you to include or exclude candle wicks in OB detection, giving you flexibility in how the blocks are drawn based on your trading style.
How It Works:
This indicator detects key price zones based on order block patterns, which are often followed by significant price moves. By analyzing these blocks across multiple timeframes, it helps traders identify potential reversal areas and support/resistance zones more effectively.
Use Cases:
Scalping: Scalpers can benefit from the rapid detection of short-term OBs to make quick decisions based on high-probability setups.
Long-Term Trading: Longer-term traders can use the multi-timeframe feature to spot higher timeframe OBs while trading lower timeframes, allowing for better alignment with major market movements.
Why It’s Unique:
Unlike other OB indicators, this one combines multi-timeframe detection with customizable OB sizing, extremum detection, and color-coding for clear differentiation between timeframes. Its backtest feature enhances historical analysis, providing a comprehensive toolkit for traders aiming to improve decision-making.
Machine Learning Signal FilterIntroducing the "Machine Learning Signal Filter," an innovative trading indicator designed to leverage the power of machine learning to enhance trading strategies. This tool combines advanced data processing capabilities with user-friendly customization options, offering traders a sophisticated yet accessible means to optimize their market analysis and decision-making processes. Importantly, this indicator does not repaint, ensuring that signals remain consistent and reliable after they are generated.
Machine Learning Integration
The "Machine Learning Signal Filter" employs machine learning algorithms to analyze historical price data and identify patterns that may not be immediately apparent through traditional technical analysis. By utilizing techniques such as regression analysis and neural networks, the indicator continuously learns from new data, refining its predictive capabilities over time. This dynamic adaptability allows the indicator to adjust to changing market conditions, potentially improving the accuracy of trading signals.
Key Features and Benefits
Dynamic Signal Generation: The indicator uses machine learning to generate buy and sell signals based on complex data patterns. This approach enables it to adapt to evolving market trends, offering traders timely and relevant insights. Crucially, the indicator does not repaint, providing reliable signals that traders can trust.
Customizable Parameters: Users can fine-tune the indicator to suit their specific trading styles by adjusting settings such as the temporal synchronization and neural pulse rate. This flexibility ensures that the indicator can be tailored to different market environments.
Visual Clarity and Usability: The indicator provides clear visual cues on the chart, including color-coded signals and optional display of signal curves. Users can also customize the table's position and text size, enhancing readability and ease of use.
Comprehensive Performance Metrics: The indicator includes a detailed metrics table that displays key performance indicators such as return rates, trade counts, and win/loss ratios. This feature helps traders assess the effectiveness of their strategies and make data-driven decisions.
How It Works
The core of the "Machine Learning Signal Filter" is its ability to process and learn from large datasets. By applying machine learning models, the indicator identifies potential trading opportunities based on historical data patterns. It uses regression techniques to predict future price movements and neural networks to enhance pattern recognition. As new data is introduced, the indicator refines its algorithms, improving its accuracy and reliability over time.
Use Cases
Trend Following: Ideal for traders seeking to capitalize on market trends, the indicator helps identify the direction and strength of price movements.
Scalping: With its ability to provide quick signals, the indicator is suitable for scalpers aiming for rapid profits in volatile markets.
Risk Management: By offering insights into trade performance, the indicator aids in managing risk and optimizing trade setups.
In summary, the "Machine Learning Signal Filter" is a powerful tool that combines the analytical strength of machine learning with the practical needs of traders. Its ability to adapt and provide actionable insights makes it an invaluable asset for navigating the complexities of financial markets.
The "Machine Learning Signal Filter" is a tool designed to assist traders by providing insights based on historical data and machine learning techniques. It does not guarantee profitable trades and should be used as part of a comprehensive trading strategy. Users are encouraged to conduct their own research and consider their financial situation before making trading decisions. Trading involves significant risk, and it is possible to lose more than the initial investment. Always trade responsibly and be aware of the risks involved.
Uptrick: MultiTrend Squeeze System**Uptrick: MultiTrend Squeeze System Indicator: The Ultimate Trading Tool for Precision and Versatility 📈🔥**
### Introduction
The MultiTrend Squeeze System is a powerful, multi-faceted trading indicator designed to provide traders with precise buy and sell signals by combining the strengths of multiple technical analysis tools. This script isn't just an indicator; it's a comprehensive trading system that merges the power of SuperTrend, RSI, Volume Filtering, and Squeeze Momentum to give you an unparalleled edge in the market. Whether you're a day trader looking for short-term opportunities or a swing trader aiming to catch longer-term trends, this indicator is tailored to meet your needs.
### Key Features and Unique Aspects
1. **SuperTrend with Dynamic Adjustments 📊**
- **Adaptive SuperTrend Calculation:** The SuperTrend is a popular trend-following indicator that adjusts dynamically based on market conditions. It uses the Average True Range (ATR) to calculate upper and lower bands, which shift according to market volatility. This script takes it further by combining it with the RSI and Volume filtering to provide more accurate signals.
- **Direction Sensitivity:** The SuperTrend here is not static. It adjusts based on the direction of the previous SuperTrend value, ensuring that the indicator remains relevant even in choppy markets.
2. **RSI Integration for Overbought/Oversold Conditions 💹**
- **RSI Calculation:** The Relative Strength Index (RSI) is incorporated to identify overbought and oversold conditions, adding an extra layer of precision. This helps in filtering out false signals and ensuring that trades are taken only in optimal conditions.
- **Customizable RSI Settings:** The RSI settings are fully customizable, allowing traders to adjust the RSI length and the overbought/oversold levels according to their trading style and market.
3. **Volume Filtering for Enhanced Signal Confirmation 📉**
- **Volume Multiplier:** This unique feature integrates volume analysis, ensuring that signals are only generated when there is sufficient market participation. The Volume Multiplier can be adjusted to filter out weak signals that occur during low-volume periods.
- **Optional Volume Filtering:** Traders have the flexibility to turn the volume filter on or off, depending on their preference or market conditions. This makes the indicator versatile, allowing it to be used across different asset classes and market conditions.
4. **Squeeze Momentum Indicator (SMI) for Market Pressure Analysis 💥**
- **Squeeze Detection:** The Squeeze Momentum Indicator detects periods of market compression and expansion. This script goes beyond the traditional Bollinger Bands and Keltner Channels by incorporating true range calculations, offering a more nuanced view of market momentum.
- **Customizable Squeeze Settings:** The lengths and multipliers for both Bollinger Bands and Keltner Channels are customizable, giving traders the flexibility to fine-tune the indicator based on their specific needs.
5. **Visual and Aesthetic Customization 🎨**
- **Color-Coding for Clarity:** The indicator is color-coded to make it easy to interpret signals. Bullish trends are marked with a vibrant green color, while bearish trends are highlighted in red. Neutral or unconfirmed signals are displayed in softer tones to reduce noise.
- **Histogram Visualization:** The primary trend direction and strength are displayed as a histogram, making it easy to visualize the market's momentum at a glance. The height and color of the bars provide immediate feedback on the strength and direction of the trend.
6. **Alerts for Real-Time Trading 🚨**
- **Custom Alerts:** The script is equipped with custom alerts that notify traders when a buy or sell signal is generated. These alerts can be configured to send notifications through various channels, including email, SMS, or directly to the trading platform.
- **Immediate Reaction:** The alerts are triggered based on the confluence of SuperTrend, RSI, and Volume signals, ensuring that traders are notified only when the most robust trading opportunities arise.
7. **Comprehensive Input Customization ⚙️**
- **SuperTrend Settings:** Adjust the ATR length and factor to control the sensitivity of the SuperTrend. This allows you to adapt the indicator to different market conditions, whether you're trading a volatile cryptocurrency or a more stable stock.
- **RSI Settings:** Customize the RSI length and thresholds for overbought and oversold conditions, enabling you to tailor the indicator to your specific trading strategy.
- **Volume Settings:** The Volume Multiplier and the option to toggle the volume filter provide an additional layer of customization, allowing you to fine-tune the indicator based on market liquidity and participation.
- **Squeeze Momentum Settings:** The lengths and multipliers for Bollinger Bands and Keltner Channels can be adjusted to detect different levels of market compression, providing flexibility for both short-term and long-term traders.
### How It Works: A Deep Dive Into the Mechanics 🛠️
1. **SuperTrend Calculation:**
- The SuperTrend is calculated using the ATR, which measures market volatility. The indicator creates upper and lower bands around the price, adjusting these bands based on the current level of market volatility. The direction of the trend is determined by the position of the price relative to these bands.
- The script enhances the standard SuperTrend by ensuring that the bands do not flip-flop too quickly, reducing the chances of false signals in a choppy market. The direction is confirmed by checking the position of the close relative to the previous band, making the trend detection more reliable.
2. **RSI Integration:**
- The RSI is calculated over a customizable length and compared to user-defined overbought and oversold levels. When the RSI crosses below the oversold level, and the SuperTrend indicates a bullish trend, a buy signal is generated. Conversely, when the RSI crosses above the overbought level, and the SuperTrend indicates a bearish trend, a sell signal is triggered.
- The combination of RSI with SuperTrend ensures that trades are only taken when there is a strong confluence of signals, reducing the chances of entering trades during weak or indecisive market phases.
3. **Volume Filtering:**
- The script calculates the average volume over a 20-period simple moving average. The volume filter ensures that buy and sell signals are only valid when the current volume exceeds a multiple of this average, which can be adjusted by the user. This feature helps filter out weak signals that might occur during low-volume periods, such as just before a major news event or during after-hours trading.
- The volume filter is particularly useful in markets where volume spikes are common, as it ensures that signals are only generated when there is significant market interest in the direction of the trend.
4. **Squeeze Momentum:**
- The Squeeze Momentum Indicator (SMI) adds a layer of market pressure analysis. The script calculates Bollinger Bands and Keltner Channels, detecting when the market is in a "squeeze" — a period of low volatility that typically precedes a significant price move.
- When the Bollinger Bands are inside the Keltner Channels, the market is in a squeeze (compression phase). This is often a precursor to a breakout or breakdown. The script colors the histogram bars black during this phase, indicating a potential for a strong move. Once the squeeze is released, the bars are colored according to the direction of the SuperTrend, signaling a potential entry point.
5. **Integration and Signal Generation:**
- The script brings together the SuperTrend, RSI, Volume, and Squeeze Momentum to generate highly accurate buy and sell signals. A buy signal is triggered when the SuperTrend is bullish, the RSI indicates oversold conditions, and the volume filter confirms strong market participation. Similarly, a sell signal is generated when the SuperTrend is bearish, the RSI indicates overbought conditions, and the volume filter is met.
- The combination of these elements ensures that the signals are robust, reducing the likelihood of entering trades during weak or indecisive market conditions.
### Practical Applications: How to Use the MultiTrend Squeeze System 📅
1. **Day Trading:**
- For day traders, this indicator provides quick and reliable signals that can be used to enter and exit trades multiple times within a day. The volume filter ensures that you are trading during the most liquid times of the day, increasing the chances of successful trades. The Squeeze Momentum aspect helps you catch breakouts or breakdowns, which are common in intraday trading.
2. **Swing Trading:**
- Swing traders can use the MultiTrend Squeeze System to identify longer-term trends. By adjusting the ATR length and factor, you can make the SuperTrend more sensitive to catch longer-term moves. The RSI and Squeeze Momentum aspects help you time your entries and exits, ensuring that you get in early on a trend and exit before it reverses.
3. **Scalping:**
- For scalpers, the quick signals provided by this system, especially in combination with the volume filter, make it easier to take small profits repeatedly. The histogram bars give you a clear visual cue of the market's momentum, making it easier to scalp effectively.
4. **Position Trading:**
- Even position traders can benefit from this indicator by using it to confirm long-term trends. By adjusting the settings to less sensitive parameters, you can ensure that you are only entering trades when a strong trend is confirmed. The Squeeze Momentum indicator will help you stay in the trade during periods of consolidation, waiting for the next big move.
### Conclusion: Why the MultiTrend Squeeze System is a Game-Changer 🚀
The MultiTrend Squeeze System is not just another trading indicator; it’s a comprehensive trading strategy encapsulated within a single script. By combining the power
of SuperTrend, RSI, Volume Filtering, and Squeeze Momentum, this indicator provides a robust and versatile tool that can be adapted to various trading styles and market conditions.
**Why is it Unique?**
- **Multi-Dimensional Analysis:** Unlike many other indicators that rely on a single data point or calculation, this script incorporates multiple layers of analysis, ensuring that signals are based on a confluence of factors, which increases their reliability.
- **Customizability:** The vast range of input settings allows traders to tailor the indicator to their specific needs, whether they are trading forex, stocks, cryptocurrencies, or commodities.
- **Visual Clarity:** The color-coded bars, labels, and signals make it easy to interpret the market conditions at a glance, reducing the time needed to make trading decisions.
Whether you are a novice trader or an experienced market participant, the MultiTrend Squeeze System offers a powerful toolset to enhance your trading strategy, reduce risk, and maximize your potential returns. With its combination of trend analysis, momentum detection, and volume filtering, this indicator is designed to help you trade with confidence and precision in any market condition.
Pivot Points ++The Pivot Points is a classical indicator that aims to assess the Location in which a market is trading and infer hints about its directional movement. Its concept idea has been evolving along the XX century, tracing back to traders like Jesse Livermore, Nicholas Darvis, William O’Neil and Mark Minervini.
This is a Leading Indicator which computes a series of key levels that might act as Support and Resistance over the selected time frame period.
This version of the Pivot Points delivers a convenient way to visualize its information. It’s been designed for it to be useful to a variety of trading styles: from the ones that use it to detect reversal points, to the ones that gauge the market at a single glance.
HOW TO READ THE PIVOT POINTS
Pivot Points set a series of price levels which remain constant through the time period (which could be: daily, weekly, monthly, yearly or multi-yearly).
At the beginning of a new time period, it calculates the main Pivot Point Level (PP), and depending on the type, it can compute up to 5 Support Levels (S1 to S5) and 5 Resistance Levels (R1 to R5).
Being such a universal indicator, there exist many ways of reading the Pivot Levels. Now, let’s see some common uses of the indicator.
Warning: Please don’t rely on a single indicator to make your trading decisions, but rather integrate it into a coherent system combining it with complementary signals.
Support and Resistance : This is a straightforward approach. Each Pivot Level may act as Support or Resistance. For instance the level S1 initially behaves as Support. As price gets closer, one may observe that the level is being respected and price bounces around the level. Or in case it would get broken, then it would automatically shift its role into a Resistance Level.
Mood Gauge : One can quickly gauge the mood of the market by seeing where price stands in relation to the Main Pivot Point Level (PP). Above the Pivot point is generally interpreted as bullish, whilst standing below implies a bearish tone.
Stop Loss and Profit Levels : When entering on a trade, one can use the Pivot Levels to set the Stop Loss behind it, or set the Take Profit in an area surrounding it.
Agreement with Fibonacci Retracements or Expansions : One can combine the power of these 2 leading indicators in search for Agreement areas where to find both a significant Pivot Level and a Relevant Fibonacci Level.
Volume or Volatility Squeezes : Some traders focus on the Pivot Levels in combination with Volume or Volatility readings, in order to anticipate turning points or continuation legs.
WHY WOULD YOU BE INTERESTED IN THIS INDICATOR?
Pivot Points ++ has been designed to address the needs of dedicated traders. Let’s review its main features.
Display up to 9 sets of Pivot Points simultaneously
Long term view: As an analyst and as a trader, being able to display many sets of Pivot Points simultaneously is of great advantage when assessing long term views on the market.
Pivot Levels clearly Identified: Each set of Pivot Points get clearly identified with a prefaced letter indicating its time frame, i.e. Yearly Pivot Point appears as YPP and Monthly Pivot Resistance 1 appears as MR1 .
Minimalistic coloring: The Main Pivot Levels are highlighted in color to stand out, yet the intention of the indicator is to be as minimalistic and keep the chart as clean as possible.
Display Pivots as a Panel
Panel View: Display the Pivot Points’ information in the way that better suits your charting style. In addition to displaying the lines over the price chart, the indicator allows displaying the data on a Panel. The Panel view can be used together with the Line view, or it can be used in isolation.
Fully customizable: Its location, size and its design parameters can be customized through the Settings tab.
Common sense formatting: It displays a column for each of the selected time frames, and a row for each of the selected Pivot Levels. When a Pivot Level displays in colors, it means that price is currently trading above (green) or below (red) that level. Moreover, when the current price is trading just near the Pivot Level, the color shifts to Dark Red when it’s acting as a Resistance, and Dark Green when it acts as Support.
Keep your Chart Clean!
Disciplined traders keep their charts clean. One needs proper focus to trade in the zone.
Please check how the chart on the left looks compared to the one on the right. Both display exactly the same Pivot Points.
The chart on the left contributes to a more minimalistic display of information, as for when a trader wishes to quickly check where the price is trading in relation to the Pivot Points. Moreover, the chart on the right has the advantage to display clearly the Reversals and Price Reactions in relation to the Pivot Points. The decision is yours.
Show only Pivots Relevant to the Current Time Frame
The sets of Pivot Points belonging to time frames Below or Near the current Time Frame get hidden to prevent overcrowding the chart with lines. Nevertheless, this feature can be disabled through the Settings tab.
These are the preset Time Frames:
Intraday/Scalping: Those operating on time frames below 1H will be able to see the whole range of Pivot Levels.
1H: Traders operating on 1-Hour Charts display Pivots from Weekly and above. Daily Pivot Points get hidden.
4H: On 4-Hour Charts, Monthly Pivots and above get displayed. Weekly Pivot Points get hidden.
D: On Daily Charts, Quarterly Pivots and above get displayed. Monthly Pivot Points get hidden.
W: On Weekly Charts, Yearly Pivots and above get displayed. Quarterly Pivot Points get hidden.
M: On Monthly Charts, Tri-Yearly Pivots and above get displayed. Yearly and Bi-Yearly Pivot Points get hidden.
3M and 12M: Above Monthly Charts, only Decennial Pivots get displayed. All the rest get hidden.
Good Looking right off the box
It looks good: The indicator will look just fine on most of the charts. It displays well on dark themed charts and on light themed charts. No need to mess up with the coloring of the indicator for it to display properly.
Fully customizable: Nevertheless, you can easily override the defaults and customize the Colors and Line Styles for each Pivot Level.
Displays True on Heikin Ashi Charts
That’s good news for scalpers, because Pivot Points get computed correctly even when being displayed over Heiken Ashi charts.
SETTINGS
Now let’s dive into the settings of this indicator.
Display : It allows to enable/disable the display of the following:
Lines and Panel : Switch on/off the general view of the Lines over the chart or the Panel.
Pivot, R1 to R5, S1 to S5 : Select which Pivot Levels will be displayed.
Labels and Price : It applies only to Lines. Allows to select which information to display near the Pivot Level, and whether to place it right or left of the line.
Auto Hide Pivots from Near Time Frames : By default it hides the sets of Pivot Points from time frames near the current one. Disabling this one allows to display all the Pivot Points from higher time frames, regardless whether they are near.
Move Pivots to the Right : This selection moves all the current Pivot Points to the Right Hand Side of the Chart, in order to keep the main area of the chart clean of lines. This setting allows customizing the how far to the right from the last candle (Offset) and how wide to draw the levels (Width).
Pivots : It sets up the conditions for each of the 9 sets of Pivot Levels. It includes the following:
General checkmark : Allows displaying or hiding that set of Pivots.
Time Frame : Select the time frame for which the Pivot Point will be computed.
Type : Select the type of Pivot Point: Traditional, Fibonacci, Woodie, Classic, DM or Camarilla.
Lines : Enable/Disable the display of this Pivot as Lines over the chart.
Panel : Enable/Disable the display of this Pivot in the Panel.
Panel Display : It allows customizing the position of the Panel. It includes the following:
Vertical Position : Top, Middle or Bottom of the chart.
Horizontal Position : Left, Center or Right of the chart.
Size of the Panel : Auto, Huge, Large, Normal, Small or Tiny.
Parameters : It applies only to the Line View. It includes the following:
Pivots Back : By default the indicator only shows the current Pivot Levels, but it can display up to 10 past instances of each pivot.
Support and Resistance Price Reference : It allows to specify which price should it take into account to define a Pivot Level acting as Support or Resistance.
Support and Resistance % Area : It defines the size of the zone around each Pivot Level in which it acts as Support or Resistance.
Theming Panel : It applies only to the Panel View. It allows customizing every color used in the Panel.
Theming Pivot #1 to #9 : It applies only to the Line View. It includes the following:
Thickness : Customize the line thickness for all the lines within that set of Pivot Points.
Style : Customize the line style for all the lines within that set of Pivot Points. It can be drawn as a Solid, Dotted or Dashed line.
Colors : Customize the color for each Pivot Level.
VIPER DOPING - A Volume Profile to estimate trend probabilityDESCRIPTION :
VIPER DOPING uses volume analysis to help trader to understand trading keys below:
Support and Resistance
Profit and Loss
Estimate candle direction
Trend
Biggest Buy and Sell on level prices
HOW TO USE:
The volume bar will have buy and sell colors, by default the buy color is blue and the sell is red. The size of bar is important matter, the biggest bar size means that price level has strong volume or transaction and the smallest bar size indicates the lowest transaction or volume. How to read it?
The bar above the candle is the resistance
The bar below the candle is the support
If you want long the market, find the biggest or bigger support, which is below the candle
If you want short the market, find the biggest or bigger resistance which is above the candle
Trading style and the maximum range (total candle), default is 60. This setup to analyze volumes in specific candle range. Please check the following recommendation based on trading style:
Scalping: 30 - 60 candles, recommendation timeframe: 5m - 1h
Day Trading: 50 - 120 candles, recommendation timeframe: 30m - 4h
Swing Trading: 100- 240 candles, recommendation timeframe: 1h- 3D
The white box is to visualize trading area by total candle. Every line has the meaning:
The left line is the start candle
The right line is the end candle
The top line is the highest price of volume profile
The bottom line is the lowest price of volume profile
The fibonacci line will help you to confirm and compare of supports and resistances with the volume profile lines.
The TABLE CELLS
it contains information to help trader to understand the recent situation of market and to take strategy of trading:
Total Candle : the maximum candles are used to analyze the volume from previous active candle
Biggest Sell : the horizontal price area which has the largest of sell volume of the last total candle
Biggest Buy : the horizontal price area which has the largest of buy volume of the last total candle
Buy Rate : the ratio of buy and sell volume of the last total candle
Support: the closest price to be the support from the active candle, auto changed if support to be invalid
Resistance : the closest price to be the resistance from the active candle, auto changed if support to be invalid
PnL : the percentage profit if you trade using the support and resistance prices and it can be used for Risk Management. Wisely the risk is 50% of the profit, example if the profit 1% the your risk should be 0.5% from entry.
Estimate : to analize the next direction of candle or target, it will be changed automatically by volume condition.
CONFIGURATION:
Table Position : You can change the table position to top or bottom, to left, right or center
Calculation : You can include the active candle in volume calculation or you can choose the behind active candle. If you use active candle, there could be possible repainting.
The volume profile configuration is about appearance configuration, to setup the thickness, colors, position.
The fibonacci configuration is about appearance configuration, to setup the thickness, extend lines, label styles.
Volume Zone Oscillator (VZO)My interpretation of Walid Khalil's Volume Zone Oscillator (VZO) as published in the 2009 International Federation of Technical Analysis Journal.
This VZO indicator is also the same as Danielle Shay's popular Simpler Trading TurboVZO indicator.
ABOUT:
The oscillator breaks up volume activity into positive and negative categories. It is positive when the current closing price is greater than the prior closing price and negative when it's lower than the prior closing price. The resulting curve plots through relative percentage levels that yield a series of buy and sell signals, depending on level and indicator direction.
HOW TO USE THE INDICATOR:
The default period is 14 but can be adjusted after backtesting.
The VZO points to a positive trend when it rises above and maintains the 5% level, and a negative trend when it falls below the 5% level and fails to turn higher. Oscillations between the 5% and 40% levels mark a bullish trend zone, while oscillations between -40% and 5% mark a bearish trend zone. Meanwhile, readings above 40% signal an overbought condition, while readings above 60% signal an extremely overbought condition. Alternatively, readings below -40% indicate an oversold condition, which becomes extremely oversold below -60%.
Kahlil recommends confirming VZO signals with a 14-period average directional index (ADX), with values greater than 18 pointing to a trending market - search Tradingview's built-in indicators for the Directional Movement Index (DMI).
INTRADAY SCALPING:
Whilst the VZO is already smoothed with an exponential moving average, the indicator settings include an additional 'smoothing' function to remove any excess 'noise' in the plots for intraday use.
[ADOL_]Trend BreakENG)
Trend Break trend break+
It automatically draws a trend line and generates signals based on elaborate standards.
It is a secretary who plays an excellent role as an auxiliary tool in the sale and sale.
Trend lines are an important tool in determining the direction of trading.
These indicators are automatic trend line construction and trading signal generation indicators.
The background informs the trend section. The key function is the notation of signals.
principle)
It reflects the concept of HH and LL.
What is HH? Abbreviation of Higher High, which means to increase the high point.
What is LL? It stands for Lower Low, which means to lower the low point.
The trend line is created by the basic construction method that connects the highs and the highs, and the lows and the lows.
The basic signal is prepared by generating a signal from the 3 previous candles of the breakthrough of the trend line.
Basic signal; L for long, S for short
When the flow continues in one direction by reflecting the candle flow in ascending and descending order
Create a filtered signal.
Filtering signal; Filtering signals are marked with ★.
The background is the output through direction matching filtering of the double weighted moving average.
Green Background: Uptrend Progress
Red background: downtrend progress
Gray background: neutral zone (rebound, retracement, crossing)
Principle example)
This is an example of a signal with no filtering applied.
This is an example of a filtered signal.
option)
Line color, line shape, whether or not to include a tail when drawing a trend, line thickness
You can choose options such as.
Time frame)
Applicable to all time frames.
Scalping: 1 minute bar, 3 minute bar
Single hit: 3 minutes, 15 minutes, 1 hour
Swing: 1 hour salary, 4 hour salary, daily salary
Applicable market)
Applicable to all markets.
Examples of market application)
NASDAQ
Korean stocks (ex: Samsung Electronics)
alert)
You can use the alert function.
-Background alert for trend direction
-Alert to break through downtrend line and alert to break through uptrend line
-Filtering applied alert to break through the downtrend line
-Filtering applied alert to break through the uptrend line
Trading method)
1. The trend line refers to the concept of support/resistance touch. Through the concept of touch
You can set a standard once more to see if the signal output is adequate.
One touch of support/resistance line: On the first touch, see long at the support line and short at the resistance line.
Touch the support/resistance line 2: Check the position once more in the step of building (consolidating) the support/resistance line. Long at the support level and short at the resistance level.
3 touches of the ground/resistance line: This is the section with high possibility in both directions.
Support/resistance line 4 (or higher) touch: Use as a breakthrough reference line. When breaking through, hit short at the support line and long at the resistance line.
If the support/resistance line breaks through to the closing price, support becomes resistance and resistance becomes support."
Trading method)
1. The trend line refers to the concept of support/resistance touch. Through the concept of touch
You can set a standard once more to see if the signal output is adequate.
One touch of support/resistance line: On the first touch, see long at the support line and short at the resistance line.
Touch the support/resistance line 2: Check the position once more in the step of building (consolidating) the support/resistance line. Long at the support level and short at the resistance level.
3 touches of the ground/resistance line: This is the section with high possibility in both directions.
Support/resistance line 4 (or higher) touch: Use as a breakthrough reference line. When breaking through, hit short at the support line and long at the resistance line.
If the support/resistance line breaks through to the closing price, support becomes resistance and resistance becomes support."
2. Entry Criteria/Stop Loss Criteria
-Entry criteria; Follow the signal.
-Stop loss criteria;
Using Fixed Stop Loss: Set the 1% fixed stop loss interval from signal generation (% is set individually).
Use of Candle Stop: When the low or high point of the signal generating rod collapses, set the stop loss.
Use of flow stop loss: Set the stop loss by considering the flow of the wave.
3. Note
All trading decisions you make are your sole responsibility.
If the indicators were helpful, please support us. Help in developing the following metrics.
4. How to use
Tap Add Indicator to Favorites. Click on the indicator at the top of the chart screen and look at the left tab
Indicators have been added. Press to use. Anyone can use it.
KOR)
Trend Break 추세돌파+
추세선을 자동으로 작도해주며, 정교화된 기준으로 시그널을
발생시켜 매매에 보조도구로써 훌륭한 역할을 수행해내는 비서입니다.
추세선은 매매의 방향성을 결정하는데 중요한 도구입니다.
해당 지표는 자동 추세선 작도와 매매 시그널 발생 지표입니다.
배경은 추세구간을 알려줍니다. 핵심기능은 시그널의 표기입니다.
원리)
HH와 LL의 개념을 반영합니다.
HH란 ? Higher High의 약자로 고점을 높인다는 의미입니다.
LL란? Lower Low의 약자로 저점을 낮춘다는 의미입니다.
추세선은 고점과 고점, 저점과 저점을 잇는 기본 작도 방법으로 만들어집니다.
추세선 돌파의 3개 이전 캔들부터 신호발생으로 준비를 기본 시그널을 만듭니다.
기본 시그널 ; 롱의 경우 L 표기, 숏의 경우 S표기
오름차순과 내림차순의 캔들 흐름을 반영하여, 한 방향으로 흐름이 지속될때
필터링된 시그널을 만듭니다.
필터링 시그널 ; 필터링 시그널은 ★ 표기가 붙습니다.
배경은 이중 가중이동 평균의 방향일치 필터링을 통한 출력입니다.
초록색 배경 : 상승추세 진행
빨간색 배경 : 하락추세 진행
회색 배경 : 중립구역(반등, 되돌림, 교차)
원리 예시)
필터링이 적용되지 않은 시그널의 예시입니다.
필터링이 적용된 시그널의 예시입니다.
옵션)
선색상, 선모양, 추세선작도시 꼬리포함여부, 선굵기
등의 옵션을 선택할 수 있습니다.
타임프레임)
모든 시간프레임에 적용 가능합니다.
스캘핑 : 1분봉, 3분봉
단타 : 3분봉, 15분봉, 1시간봉
스윙 : 1시간봉, 4시간봉, 일봉
적용시장)
모든 시장에 적용 가능합니다.
시장 적용의 예시)
나스닥
한국주식(예 : 삼성전자)
알람)
얼러트 기능을 사용할 수 있습니다.
- 추세방향성에 대한 배경의 얼러트
- 하락추세선 돌파 얼러트, 상승추세선 돌파 얼러트
- 필터링을 적용한 하락추세선 돌파 얼러트
- 필터링을 적용한 상승추세선 돌파 얼러트
매매방법)
1. 추세선은 지지/저항의 터치 개념을 참고합니다. 터치의 개념을 통해
시그널 출력이 적절한지 한번 더 기준을 잡을 수 있습니다.
지지/저항선 1터치 : 첫번째 터치에는 지지선에서 롱을, 저항선에서 숏을 봅니다.
지지/저항선 2터치 : 지지/저항선 구축(다지기)의 단계로 한번 더 자리를 확인합니다. 지지선에서 롱을, 저항선에서 숏을 봅니다.
지/저항선의 3터치 : 양방향의 가능성이 높은 구간입니다.
지지/저항선4(이상)터치 : 돌파기준선으로 사용합니다. 돌파할 때, 지지선에서 숏을, 저항선에서 롱을 칩니다.
지지/저항선이 종가로 뚫리면 지지는 저항이 되고, 저항은 지지가 됩니다."
2. 진입기준/손절기준
- 진입기준; 시그널을 따릅니다.
- 손절기준;
고정손절가 이용 : 시그널 발생으로부터 1% 고정 손절가 구간을 설정합니다.(%는 개별로 설정)
캔들손절가 이용 : 시그널 발생봉의 저점이나 고점이 무너지면 손절을 설정합니다.
흐름손절가 이용 : 파동의 흐름을 고려하여 손절을 설정합니다.
3. 참고
귀하가 내리는 모든 거래 결정은 전적으로 귀하의 책임입니다.
지표가 도움이 되었다면 응원 부탁드립니다. 다음 지표 개발에 도움이 됩니다.
4. 사용방법
즐겨찾기에 인디케이터 넣기를 누릅니다. 차트화면 상단에 지표를 눌러서 왼쪽탭에 보면
지표가 추가되어 있습니다. 눌러서 사용합니다. 누구나 사용할 수 있습니다.
[astropark] Volume AnalyzerDear Followers,
today another awesome Analysis Tool, that you can use for day scalping: Volume Analyzer !
This indicator
works on every market, pair and timeframe
lets you see analysis of a different timeframes using the resolution parameter
has an optional trend colored background (I suggest to disable it if you use a different resolution)
integrates a tape profit strategy based on RSI (you can config it and enable/disable it)
lets you setup alarms on bull/bear signal as well as on TP RSI-based signals
I prefer to use this indicator in my day trading on low timeframes , like 5m - 15m - 1h, as you can have access to a more detailed volume information, but it works on high timeframes too as you can see in examples at the bottom of the description.
I truly think that Volume says a lot about future price action, as stated in my Cumulative Volume Delta (CVD) indicator, which you can find here below:
In this indicator, I'm much more interested in the bullish or bearish effect of volume generated by traders and following price action.
Be sure to understand that at current status this is not a complete automated strategy, but an analysis tool which aims to give you a positive bias, a profitable hedge in your trading journey.
As I always say, all tools are great if you use them correctly: this is not the "Holy Grail", so always use proper money and risk management strategies.
This indicator quite often calls bottoms and tops , most of the times it announces a coming reversals , sometimes it fails too of course.
Check this screenshot to have a clear idea of what I'm talking about:
You are supposed to discard signals of the same type that comes later and at a worse price (related to the trend) or you can use to re-fill your still-open position, using it as a re-entry.
You are supposed to act at first signals and average up/down if price goes against you when a new bear/bull signal appears at a better price.
Here it is another element you must consider: price action can deny a reversal stated by volume analysis .
In these cases, you must apply a stop loss in your trade and reverse your position. Don't average up/down your entry.
The reason in this screenshot below:
As you can see, the local downtrend was broken, as it was a simple pullback, previous bull trend was restored and price went up a lot!
The indicator here detected bears rejecting the run-up as much violently as they could, but that was a pullback, nothing more than that: main bull trend was still intact.
Another important advice: don't be greedy, always remember to take profits ! Avoid turning a winning trade into a losing one, which is a common mistake traders do.
That's why I decided to include an RSI based Take Profit algorithm inside:
when background is colored by green (and you can't see any bull signal), then you are in over bought region: start taking profits on you buy/long position or close it or set a trailing stop or a stop loss in profit!
when background is colored by red (and you can't see any bear signal), then you are in over sold region: start taking profits on you sell/short position or close it or set a trailing stop or a stop loss in profit!
when price is in a big overbought or oversold region, then you can see a "ob" label or a "os" label respectively
if you are in a bullish trend (you can see it from the trend colored green background as last signal was a "bull" one), "ob" becomes a clear "tp" - Take Profit advice
if you are in a bearish trend (you can see it from the trend colored red background as last signal was a "bear" one), "os" becomes a clear "tp" - Take Profit advice
Here some examples how you can use the signals produced by the indicator in order to be a successful trader.
I circled with pink signals you as supposed to take, then with a "$" pink backgrounded region where you are supposed to take profits, I finally put an X on failing signals, where you would theoretically have been stopped-out.
GBPUSD, 15m
ETHUSD, 1h
TSLA, 5m
BTCUSD, 15m
XAGUSD, 1h
EURUSD, 15m
SPX500, 1h
ETHUSD, 1D
ETHBTC, 6h
This is a premium indicator , so send me a private message in order to get access to this script.
Bandpass Filter v2Attempts to detect trends based on detrended cycles, instead of momentum or price action!
If you enable bar painting, then uptrends will be painted in lime green, then dark green to signify the cycle is ending.
Downtrends will be painted in bright red, then maroon to signify the cycle is ending.
Reducing fast limit will allow the indicator to respond much faster to cycle changes, but may cause more weak signals.
Increasing slow limit will "hold on to" cycles for a longer time & allow trends to extend through small periods of consolidation.
Tweak these settings to your style of trading!
Good settings for scalping:
14, 35
Good settings for intraday:
30, 60
40, 80
Good settings for swing trades:
20, 200 (gets into trade earlier)
50, 120
Ultimately, you'll have to decide the best limits for each security.
Cheers,
DasanC
Sniper BreakoutThis indicator is based on 3 indicator :=
1) Forex Market Session 2) Ema 200 3) Volume
This indicator is for Forex market ..in Forex market (ex- Eur/Usd ) price often (67%) do rotation in every session means example :let suppose a trade take trade in asian session and have 30 pips stop loss 67 % chance price will come back to entry price after London session or New York session so trade have less chance to make trade without hitting stop loss
in this indicator we are using Forex market session indicator to get session range start to end ..this indicator will only search opportunity in London And New York Session range and that can be customize from input section . user can select time zone and time of session from input section indicator and color of session .
next indicator using 200 length Exponential Moving Average for trend identification .if close price is above 200 Ema means trend is upside moving & if close price is below 200 Ema means price is moving downside .user can change length and source of Ema from input section .
Third and most important part is volume indicator when a session start (Example-London session it keep Look back 6 previous candle and compare volume imbalance between look back candle .look back candle can be customize from input section default look back candle input is (6).
next we are using trade range time to only show trade on certain time because often market convert into trading range so given specific input time it only take trade when volume and price is rising or falling .time range can be selected from input section .
Trade Entry Buy Signal -if price is either London or New York session and price is above 200 Ema and volume not in imbalance last number of candle it give Feb (first entry buy ) we keep save high price of every candle after Feb (label ) signal .if any candle break above Feb label it show a confirm buy signal ..Below in example as we can see
Example Image Buy Signal -
in this above example step -1 we searching imbalance of volume and price as we can see imbalance of volume and price on green candle .next we look price is above 200 ema .next step(2) we got Feb (first entry buy ) signal this is not a confirm buy signal .we save high of candle next candle high close above previous candle high we got confirm buy signal .
Trade Entry Sell Signal - if price is either London or New York session and price is below 200 Ema and volume not in imbalance last number of candle it give Feb (first entry Sell ) we keep save low price of every candle after Fes (label ) signal .if any candle break below Fes label it show a confirm sell signal ..Below in example as we can see
step-1 starting of london session we start getting imbalance between price and volume .price is getting rejected but volume is rising on green candle we got fes (first entry sell signal ).next we save low of fes candle but price close above that low of candle we dont get confirm sell entry next price break below low of previous candle so open a new sell signal ..
Example 3 - No Confirm buy/sell Signal
In this above Image example we did not get any confirm signal...we got first entry buy signal but price did not close high of candle in london session .so that day chance price can go any side ..
Example 4 -Feb signal and later confirm buy entry
in this above example we got imbalance of volume and feb(first entry buy signal) but we dont get any confirm buy signal price is just going high then previous candle ..later we see price crossover high of previous candle we got confirm buy signal
Use Of Indicator - This indicator helps traders identify potential trade setups by signaling the first entry points and confirming them later. It's particularly useful for avoiding getting caught in price rotations and aligning trades with significant volume and price movements. Traders should analyze price action and news before confirming a trade.
Scalper RibbonThis Scalper Ribbon is a combination of 6 different oscillators with a sprinkle of secret sauce . It’s smoothed out so it’s easy to read, but is quick enough to catch reversals early and helps you spot divergences. It will turn green or red according to the bullish or bearish nature of the ticker you are viewing without all of the noise that most oscillators give you.
It combines price action, momentum, rsi and a few other oscillators together to give an overall trend strength line that is smoothed out and coupled with a moving average to make it less noisy. Use it as an identifier of the underlying trend so you can make better decisions on scalp trades as well as swing trades on longer timeframes. Wait for the ribbon to break out/down from the middle blue range to avoid chop and get in when price is actually moving.
***HOW TO USE***
Find tops and bottoms of the market by looking for reversals in the ribbon when it is either very high or very low. The white line is the midline and the ribbon is overall bullish when above the midline and overall bearish when below the midline. There are also two blue lines just above and below the midline that is a buffer area I like to call the neutral range. When the ribbon is in the neutral range, expect indecision in the market and look for the ribbon to break out or down from that range for continuation of a trend. The farther away from the neutral range the ribbon is, the stronger the trend is. Take a look at how it performs across multiple timeframes and tickers and get a feel for it before using it in your strategy. It will help you spot reversals early and show you hidden divergences in price action before the reversals happen.
***CUSTOMIZATION***
You can adjust the length of the oscillators and the moving average ribbon to be faster or slower to suit your preferences. The lower the number used, the faster it will detect changes, but the more noise it will have. The higher the number used, the slower it will detect changes, but there will be less noise and easier to follow.
***MARKETS***
This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex.
***TIMEFRAMES***
This Scalper Ribbon indicator can be used on all timeframes.
Adjustable Vertical LinesThe script provides an indicator which will plot lines - 15 min, 30 min and 60 min. You can customize the time intervals and go to as low as one minute, but I found the 15-minute and 30-minute intervals works best for me when trying to find setups, and the lower time-frame intervals, is just pointless to use if you're not scalping on the seconds timeframe.
You can customize inputs for the line style. Line thickness, colour, etc.
I've seen this work using the OBR theory and applying it to the one-minute candle then looking for other confluences like order blocks, or breakers, FVGs, BOS/CHoC for further confirmation for scalping. It's important to backtest though and see for yourself.
Thanks for the boost.
Candle Count RSI📈 Candle Count RSI — A Dual-Perspective Momentum Engine
The Candle Count RSI is a custom-built momentum oscillator that expands on the classic Relative Strength Index (RSI) by introducing a directional-only variant that tracks the frequency of bullish or bearish closes, rather than price magnitude. It gives traders a second lens through which to evaluate momentum, trend conviction, and subtle divergences—often invisible to traditional price-based RSI.
💡 What Makes It Unique?
While the standard RSI is sensitive to the size of price changes, the Candle Count RSI is magnitude-blind. It counts candle closes above/below open over a lookback period, generating a purer signal of directional consistency. To enhance signal fidelity, it includes a streak amplifier, dynamically weighting extended runs of green or red candles to reflect intensity of market bias—without introducing artificial price sensitivity.
This dual-RSI approach allows for:
- Divergence detection between directional bias and price magnitude.
- Smoother trend confirmation in choppy markets.
- Cleaner visual cues using dynamic glow and background logic.
📐 How Standard RSI Actually Works (Not What You Think)
RSI doesn’t just check if price went up or down over a span—it checks each individual candle and tracks whether it closed higher or lower than the one before. Here's how it works under the hood:
1.) For each bar, it calculates the change from the previous close.
2.) It separates those changes into gains (upward moves) and losses (downward moves).
3.) Then it computes a smoothed average of those gains and losses (usually using an RMA).
4.) It calculates the Relative Strength (RS) as:
RS = AvgGain / AvgLoss
5.) Finally, it plugs that into the RSI formula:
RSI = 100 - (100 / (1 + RS))
⚖️ What Does the 50 Line Mean?
- The RSI scale runs from 0 to 100, but 50 is the true neutral zone:
- RSI > 50 means average gains outweigh average losses over the period.
- RSI < 50 means losses dominate.
- RSI ≈ 50? The market is balanced—momentum is indecisive, no clear trend bias.
- This makes 50 a powerful midline for trend filters, directional bias tools, and divergence detection—especially when paired with alternative RSI logic like Candle Count RSI.
🔧 Inputs and Customization
- Everything is fully modular and customizable:
🧠 Core Settings
- RSI Length: Used for both the standard RSI and Candle Count RSI.
📉 Standard RSI
- Classic RSI calculation based on price changes.
- Optional WMA smoothing to reduce noise.
- Glow effect toggle with custom intensity.
🕯 Candle Count RSI
- Computes RSI using only the count of up/down candles.
- Optional smoothing for stability.
- Amplifies streaks (e.g., multiple consecutive bullish candles increase strength).
- Glow effect toggle with adjustable strength.
🎇 Glow Visuals
- Background glow (subpane and/or main chart).
- Fades based on RSI distance from the 50 midpoint.
- Independent color settings for bull and bear bias.
🧬 Divergence Zones
- Detects when Candle RSI and Standard RSI diverge.
- Highlights:
- Bullish Divergence: Candle RSI > 50, Standard RSI < threshold.
- Bearish Divergence: Candle RSI < 50, Standard RSI > threshold.
- Background fill optionally shown in subpane and/or main chart.
📊 Directional Histogram
- MACD-style histogram showing the difference between the two RSI lines.
- Color-coded based on directional agreement:
- Both rising → green.
- Both falling → red.
- Conflict → yellow.
🧠 Under the Hood — How It Works
🔹 Standard RSI
- Classic ta.rsi() applied to close prices, optionally WMA-smoothed.
🔹 Candle Count RSI (CCR)
- Counts how many candles closed up/down over the period.
- Computes a magnitude-free RSI from these counts.
- Applies a streak-based multiplier to exaggerate trend strength during consecutive green/red runs.
- Optionally smoothed with WMA to create a clean signal line.
- This makes CCR ideal for detecting true directional bias without being faked out by volatile price spikes.
🔹 Divergence Logic
- When Candle RSI and Standard RSI disagree strongly across defined thresholds, background fills highlight early signs of momentum decay or hidden accumulation/distribution.
🔹 Glow Logic
- Glow zones are controlled by a master toggle and drawn with dynamic transparency:
- Further from 50 = stronger conviction = darker glow.
- Shows up in subpane and/or main chart depending on user preference.
📷 Suggested Use Case / Visual Setup
- Use in conjunction with your primary price action system.
- Watch for divergences between the Candle Count RSI and Standard RSI for early trend reversals.
- Use glow bias zones on the main chart to get subconscious directional cues during fast scalping.
- Histogram helps you confirm when both RSI variants agree—useful during strong trending conditions.
🛠️ Tip for Traders
- This tool isn’t trying to “predict” price. It’s designed to visualize hidden market psychology—when buyers are showing up with consistent pressure, or when momentum has a disconnect between conviction and magnitude. Use this to filter entries, spot weak rallies, or sense when a trend is about to break down.
⚠️ WARNING
- Not for use with Heikin Ashi, Renko, etc.).
🧠 Summary
Candle Count RSI is not just another mashup—it's a precision-built, dual-perspective oscillator that captures directional conviction using real candle behavior. Whether you're scalping intraday or swing trading momentum, this script helps clarify trend integrity and exposes hidden weaknesses with elegance and clarity.
—
🛠️ Built by: Sherlock_MacGyver
Feel free to share feedback or reach out if you'd like to collaborate on custom features.
ENIGMA 369 ENIGMA 369 is a unique Pine Script indicator that combines two complementary trading systems: Break of Structure (BOS) Detection and Session-Based Sniper Signals.
Designed to help traders identify market structure shifts and potential intraday setups, it overlays on the chart to highlight key levels and momentum-driven opportunities. The indicator’s originality lies in its integration of pattern-based BOS analysis (inspired by Smart Money concepts) with time- and trend-filtered Sniper signals, creating a cohesive tool for both swing and intraday trading.
Unlike standalone breakout or scalping indicators, ENIGMA 369 uses:
BOS Logic: A specific two-candle pattern sequence to detect structural shifts, filtered by ATR for significance.
Sniper Logic: Momentum-based signals during high-volatility sessions, optionally aligned with EMA trends.
This synergy allows traders to assess market direction strategically (via BOS) and time entries tactically (via Sniper), all within one indicator.
What It Does
ENIGMA 369 performs two distinct functions:
Break of Structure (BOS) Detection:
Identifies potential support/resistance levels using BullBear (bullish candle followed by bearish) and BearBull (bearish followed by bullish) candle pairs.
Confirms breakouts when price sustains above (bullish) or below (bearish) these levels for a set number of bars.
Draws horizontal lines at confirmed breakout levels, which persist until price crosses a user-defined buffer zone.
Sniper Momentum Signals:
Detects buy/sell setups during user-specified trading sessions (e.g., London/US), based on candle momentum (close relative to midpoint, higher highs/lower lows).
Optionally filters signals with an EMA to align with the broader trend.
Plots lines at the candle’s high/low and 50% wick levels, serving as reference points for entries or stops, removed when price crosses them.
How It Works
ENIGMA 369 relies on price action, market timing, and trend context to generate signals. Here’s how each component operates:
BOS Logic:
Pattern Detection: Scans for two-candle patterns where the first candle is significant (size exceeds an ATR-based threshold) and the second opposes it. For example, a BullBear pair marks the first candle’s high as a potential resistance.
ATR Filter: Uses the Average True Range (default: 14 periods) to ensure the first candle’s range or body is substantial, reducing noise. Users can adjust the ATR multiplier (default: 0.5).
Confirmation: Requires price to close above/below the stored level for a user-defined number of bars (default: 1) to confirm a breakout.
Line Management: Plots green (bullish) or red (bearish) lines at confirmed levels, extending for a set number of bars (default: 10). Lines are deleted if price crosses a buffer (percentage of price or ATR-based, default: 0.1).
Visualization: Optionally highlights pattern candles with transparent green/red backgrounds.
Sniper Logic:
Momentum Signals: Identifies buy signals when a candle closes above its midpoint (high+low)/2 and has a lower low than the prior candle, indicating potential bullish momentum. Sell signals require a close below the midpoint and a higher high.
Session Filter: Limits signals to user-defined London/US session hours (default: 1-23 UTC, adjustable to specific hours like 7-11 UTC for London).
EMA Filter: Optionally uses a 50-period EMA (adjustable) to ensure buy signals occur in uptrends (rising EMA) and sell signals in downtrends (falling EMA).
Line Plotting: Draws blue lines for buy signals (at the low and 50% of the lower wick) and orange lines for sell signals (at the high and 50% of the upper wick). Lines extend right until price crosses them, managed via arrays for efficiency.
Dynamic Removal: Lines are automatically deleted when price breaches them, reflecting changing market conditions.
Why Combine BOS and Sniper?
The integration of BOS and Sniper logic is purposeful and synergistic:
BOS provides a strategic view by identifying structural shifts, helping traders understand the market’s directional bias (e.g., bullish after a confirmed high breakout).
Sniper offers tactical entry points within these trends, focusing on high-volatility sessions where momentum is likely to drive clear moves.
Together, they enable traders to align short-term trades with long-term structure, reducing the risk of trading against the trend. For example, a trader can wait for a bullish BOS confirmation before taking Sniper buy signals, enhancing setup reliability.
This combination is original because it merges Smart Money-inspired BOS detection with a session-based momentum system, a pairing not commonly found in single indicators. It avoids redundant mashups by ensuring each component serves a distinct yet complementary role.
How to Use It
Setup:
Apply ENIGMA 369 to a TradingView chart (Pine Script v5). The chart shown here uses a clean H1 candlestick setup to highlight BOS and Sniper outputs clearly.
Customize settings:
BOS:
ATR Period (default: 14), Min Candle Size (default: 0.5x ATR): Adjust for pattern sensitivity.
Confirmation Bars (default: 1): Set for faster/slower breakouts.
Buffer Type (Percentage/ATR), Buffer Zone Value (default: 0.1): Control line deletion.
Show Lines (default: true), Highlight Candle Pairs (default: false): Enable visuals.
Customize line colors (green/red) and width/length.
Sniper:
London/US Start/End Hours: Set to match your asset’s volatility (e.g., 7-11 UTC for London forex).
EMA Filter (default: true), EMA Period (default: 50): Enable for trend alignment.
Customize line styles (Solid/Dotted/Dashed) and colors (blue/orange) to distinguish from BOS.
Suggested timeframes: H1-H4 for BOS (swing trading), M5-M15 for Sniper (intraday).
Trading with BOS:
Monitor for green (bullish) or red (bearish) lines indicating confirmed breakouts.
Use lines as support/resistance:
Bullish BOS: Consider longs above the line, with stops below the line or buffer.
Bearish BOS: Consider shorts below the line, with stops above the line or buffer.
Line deletion signals a potential reversal or level invalidation.
Trading with Sniper:
Look for blue (buy) or orange (sell) lines during active sessions:
Buy: Enter long at the low or 50% wick line, with stops below the low and targets at resistance.
Sell: Enter short at the high or 50% wick line, with stops above the high and targets at support.
Use EMA filter to avoid counter-trend signals.
Lines disappear when crossed, indicating the setup’s completion or invalidation.
Alerts:
Set alerts for:
“Bullish/Bearish BOS Confirmed” for structural shifts.
“Sniper Buy/Sell Alert” for intraday setups.
Combine with volume, key levels, or news for confirmation.
Best Practices:
Use BOS to confirm trend direction before taking Sniper signals.
Test settings on your asset/timeframe via backtesting.
Apply stop-losses and risk-reward ratios (e.g., 1:2) for discipline.
The chart example shows BOS lines (green/red) and Sniper lines (blue/orange) on an H1 chart, ensuring clarity.
Underlying Concepts
Market Structure (BOS): Identifies turning points where supply/demand shifts, using two-candle patterns to mark significant levels, similar to order block concepts.
Momentum and Timing (Sniper): Targets entries during high-liquidity sessions, using candle midpoint and wick analysis to capture momentum-driven moves.
Trend Context: EMA ensures signals align with the market’s direction, reducing false positives.
Price Action: Both systems rely on raw price behavior, avoiding lagging oscillators for timely signals.
Limitations
BOS may lag in fast markets; reduce confirmation bars for scalping.
Sniper signals depend on session settings; ensure alignment with your asset’s volatility.
Multiple lines may clutter charts; adjust colors/styles for clarity.
Not a standalone system; combine with other analysis for best results.
Disclaimer
ENIGMA 369 is a tool to identify potential trading setups, not a guaranteed profit system. Past performance does not predict future results. Backtest thoroughly and use with proper risk management.
Conclusion
ENIGMA 369 offers a structured approach to trading by combining BOS’s structural insights with Sniper’s precise, session-based entries. Its unique integration makes it suitable for traders seeking to align strategic and tactical decisions. Customize it to your style, test it rigorously, and use it to enhance your market analysis.
Liquidity Volume Panel Liquidity Volume Panel – Precision Tool for Scalpers & Intraday Traders
This panel is designed to help traders quickly identify volume-driven moves, liquidity events, and fair-value zones. It combines classic volume analysis with enhanced tools like RVOL and VWAP deviation bands, making it ideal for scalping, momentum trading, and intraday strategies.
🔍 Included Features:
✅ Relative Volume (RVOL) Indicator
Displays current volume in relation to its 20-period average – excellent for spotting low-activity zones or high-pressure breakouts.
✅ Dynamic Volume Coloring & Spike Detection
Color-coded volume logic highlights normal, strong, and extremely high volume, with visual markers for volume spikes (>200% of average).
✅ VWAP with ±1σ & ±2σ Bands
Industry-standard deviation bands show overbought/oversold conditions and dynamic support/resistance based on volume-weighted pricing.
✅ Background Highlighting
Subtle orange background alerts you when volume surges beyond extreme levels – making liquidity clusters instantly recognizable.
Usage:
Use this panel as a decision-making tool for entries, reversals, or breakouts – especially in fast-moving markets.
Best used on lower timeframes for precision scalping.
Pivot S/R with Volatility Filter## *📌 Indicator Purpose*
This indicator identifies *key support/resistance levels* using pivot points while also:
✅ Detecting *high-volume liquidity traps* (stop hunts)
✅ Filtering insignificant pivots via *ATR (Average True Range) volatility*
✅ Tracking *test counts and breakouts* to measure level strength
---
## *⚙ SETTINGS – Detailed Breakdown*
### *1️⃣ ◆ General Settings*
#### *🔹 Pivot Length*
- *Purpose:* Determines how many bars to analyze when identifying pivots.
- *Usage:*
- *Low values (5-20):* More pivots, better for scalping.
- *High values (50-200):* Fewer but stronger levels for swing trading.
- *Example:*
- Pivot Length = 50 → Only the most significant highs/lows over 50 bars are marked.
#### *🔹 Test Threshold (Max Test Count)*
- *Purpose:* Sets how many times a level can be tested before being invalidated.
- *Example:*
- Test Threshold = 3 → After 3 tests, the level is ignored (likely to break).
#### *🔹 Zone Range*
- *Purpose:* Creates a price buffer around pivots (±0.001 by default).
- *Why?* Markets often respect "zones" rather than exact prices.
---
### *2️⃣ ◆ Volatility Filter (ATR)*
#### *🔹 ATR Period*
- *Purpose:* Smoothing period for Average True Range calculation.
- *Default:* 14 (standard for volatility measurement).
#### *🔹 ATR Multiplier (Min Move)*
- *Purpose:* Requires pivots to show *meaningful price movement*.
- *Formula:* Min Move = ATR × Multiplier
- *Example:*
- ATR = 10 pips, Multiplier = 1.5 → Only pivots with *15+ pip swings* are valid.
#### *🔹 Show ATR Filter Info*
- Displays current ATR and minimum move requirements on the chart.
---
### *3️⃣ ◆ Volume Analysis*
#### *🔹 Volume Change Threshold (%)*
- *Purpose:* Filters for *unusual volume spikes* (institutional activity).
- *Example:*
- Threshold = 1.2 → Requires *120% of average volume* to confirm signals.
#### *🔹 Volume MA Period*
- *Purpose:* Lookback period for "normal" volume calculation.
---
### *4️⃣ ◆ Wick Analysis*
#### *🔹 Wick Length Threshold (Ratio)*
- *Purpose:* Ensures rejection candles have *long wicks* (strong reversals).
- *Formula:* Wick Ratio = (Upper Wick + Lower Wick) / Candle Range
- *Example:*
- Threshold = 0.6 → 60% of the candle must be wicks.
#### *🔹 Min Wick Size (ATR %)*
- *Purpose:* Filters out small wicks in volatile markets.
- *Example:*
- ATR = 20 pips, MinWickSize = 1% → Wicks under *0.2 pips* are ignored.
---
### *5️⃣ ◆ Display Settings*
- *Show Zones:* Toggles support/resistance shaded areas.
- *Show Traps:* Highlights liquidity traps (▲/▼ symbols).
- *Show Tests:* Displays how many times levels were tested.
- *Zone Transparency:* Adjusts opacity of zones.
---
## *🎯 Practical Use Cases*
### *1️⃣ Liquidity Trap Detection*
- *Scenario:* Price spikes *above resistance* then reverses sharply.
- *Requirements:*
- Long wick (Wick Ratio > 0.6)
- High volume (Volume > Threshold)
- *Outcome:* *Short Trap* signal (▼) appears.
### *2️⃣ Strong Support Level*
- *Scenario:* Price bounces *3 times* from the same level.
- *Indicator Action:*
- Labels the level with test count (3/5 = 3 tests out of max 5).
- Turns *red* if broken (Break Count > 0).
Deep Dive: How This Indicator Works*
This indicator combines *four professional trading concepts* into one powerful tool:
1. *Classic Pivot Point Theory*
- Identifies swing highs/lows where price previously reversed
- Unlike basic pivot indicators, ours uses *confirmed pivots only* (filtered by ATR)
2. *Volume-Weighted Validation*
- Requires unusual trading volume to confirm levels
- Filters out "phantom" levels with low participation
3. *ATR Volatility Filtering*
- Eliminates insignificant price swings in choppy markets
- Ensures only meaningful levels are plotted
4. *Liquidity Trap Detection*
- Spots institutional stop hunts where markets fake out traders
- Uses wick analysis + volume spikes for high-probability signals
---
Deep Dive: How This Indicator Works*
This indicator combines *four professional trading concepts* into one powerful tool:
1. *Classic Pivot Point Theory*
- Identifies swing highs/lows where price previously reversed
- Unlike basic pivot indicators, ours uses *confirmed pivots only* (filtered by ATR)
2. *Volume-Weighted Validation*
- Requires unusual trading volume to confirm levels
- Filters out "phantom" levels with low participation
3. *ATR Volatility Filtering*
- Eliminates insignificant price swings in choppy markets
- Ensures only meaningful levels are plotted
4. *Liquidity Trap Detection*
- Spots institutional stop hunts where markets fake out traders
- Uses wick analysis + volume spikes for high-probability signals
---
## *📊 Parameter Encyclopedia (Expanded)*
### *1️⃣ Pivot Engine Settings*
#### *Pivot Length (50)*
- *What It Does:*
Determines how many bars to analyze when searching for swing highs/lows.
- *Professional Adjustment Guide:*
| Trading Style | Recommended Value | Why? |
|--------------|------------------|------|
| Scalping | 10-20 | Captures short-term levels |
| Day Trading | 30-50 | Balanced approach |
| Swing Trading| 50-200 | Focuses on major levels |
- *Real Market Example:*
On NASDAQ 5-minute chart:
- Length=20: Identifies levels holding for ~2 hours
- Length=50: Finds levels respected for entire trading day
#### *Test Threshold (5)*
- *Advanced Insight:*
Institutions often test levels 3-5 times before breaking them. This setting mimics the "probe and push" strategy used by smart money.
- *Psychology Behind It:*
Retail traders typically give up after 2-3 tests, while institutions keep testing until stops are run.
---
### *2️⃣ Volatility Filter System*
#### *ATR Multiplier (1.0)*
- *Professional Formula:*
Minimum Valid Swing = ATR(14) × Multiplier
- *Market-Specific Recommendations:*
| Market Type | Optimal Multiplier |
|------------------|--------------------|
| Forex Majors | 0.8-1.2 |
| Crypto (BTC/ETH) | 1.5-2.5 |
| SP500 Stocks | 1.0-1.5 |
- *Why It Matters:*
In EUR/USD (ATR=10 pips):
- Multiplier=1.0 → Requires 10 pip swings
- Multiplier=1.5 → Requires 15 pip swings (fewer but higher quality levels)
---
### *3️⃣ Volume Confirmation System*
#### *Volume Threshold (1.2)*
- *Institutional Benchmark:*
- 1.2x = Moderate institutional interest
- 1.5x+ = Strong smart money activity
- *Volume Spike Case Study:*
*Before Apple Earnings:*
- Normal volume: 2M shares
- Spike threshold (1.2): 2.4M shares
- Actual volume: 3.1M shares → STRONG confirmation
---
### *4️⃣ Liquidity Trap Detection*
#### *Wick Analysis System*
- *Two-Filter Verification:*
1. *Wick Ratio (0.6):*
- Ensures majority of candle shows rejection
- Formula: (UpperWick + LowerWick) / Total Range > 0.6
2. *Min Wick Size (1% ATR):*
- Prevents false signals in flat markets
- Example: ATR=20 pips → Min wick=0.2 pips
- *Trap Identification Flowchart:*
Price Enters Zone →
Spikes Beyond Level →
Shows Long Wick →
Volume > Threshold →
TRAP CONFIRMED
---
## *💡 Master-Level Usage Techniques*
### *Institutional Order Flow Analysis*
1. *Step 1:* Identify pivot levels with ≥3 tests
2. *Step 2:* Watch for volume contraction near levels
3. *Step 3:* Enter when trap signal appears with:
- Wick > 2×ATR
- Volume > 1.5× average
### *Multi-Timeframe Confirmation*
1. *Higher TF:* Find weekly/monthly pivots
2. *Lower TF:* Use this indicator for precise entries
3. *Example:*
- Weekly pivot at $180
- 4H shows liquidity trap → High-probability reversal
---
## *⚠ Critical Mistakes to Avoid*
1. *Using Default Settings Everywhere*
- Crude oil needs higher ATR multiplier than bonds
2. *Ignoring Trap Context*
- Traps work best at:
- All-time highs/lows
- Major psychological numbers (00/50 levels)
3. *Overlooking Cumulative Volume*
- Check if volume is building over multiple tests
Standard Deviation SMA RSI | mad_tiger_slayerOverview of the Script
The Standard Deviation SMA RSI is a custom TradingView indicator that enhances the Relative Strength Index (RSI) by incorporating a Simple Moving Average (SMA) and Standard Deviation bands . This approach smooths RSI calculations while factoring in volatility to provide clearer trend signals . Additionally, the indicator includes overbought and oversold thresholds, trend-coded RSI signals , and dynamic volatility bands for improved market analysis. This indicator is designed for swing traders and long-term investors looking to capture high-probability trend shifts.
How Do Traders Use the Standard Deviation SMA RSI?
In the provided chart image, the indicator is displayed on a price chart. Each visual component serves a distinct function in identifying trend conditions and volatility levels .
INTENDED USES
⚠️ NOT INTENDED FOR SCALPING
With the smoothing nature of the SMA-based RSI , this indicator is not designed for low-timeframe scalping. It works best on timeframes above 1-hour , with optimal performance in 12-hour, daily, and higher timeframes.
📈 TREND-FOLLOWING & MEAN REVERSION
The Standard Deviation SMA RSI functions as both a trend-following and mean-reverting indicator:
Trend-Following: Identifies strong, sustained trends using RSI signals and SMA confirmation.
Mean Reversion: Detects overbought/oversold conditions based on standard deviation bands and RSI thresholds .
A VISUAL REPRESENTATION OF INTENDED USES
RSI Line (Green/Pink/Gray): The RSI line dynamically changes color based on trend conditions .
Green RSI → Strong uptrend, RSI above the uptrend threshold.
Pink RSI → Downtrend, RSI below the downtrend threshold.
Gray RSI → Neutral state or consolidation.
If the SMA of RSI is above Long Threshold , the market is in a bullish trend.
If it’s below Short Threshold, bearish conditions prevail.
Threshold Lines (Teal/Purple):
Green Line → Long Entry Threshold
Red Line → Short Entry Threshold
Standard Deviation Bands:
Upper Band → Measures bullish volatility expansion
Lower Band → Measures bearish volatility expansion
Colored Candles: Price candles adjust color based on RSI conditions , visually aligning price action with market trends.
Indicator's Primary Elements
Input Parameters
The script includes several configurable settings, allowing users to tailor the indicator to different market environments:
RSI Length: Controls the number of periods for RSI calculations.
SMA Length: Defines the period for the SMA applied to RSI , creating a smoothed trend line.
Standard Deviation Period: Determines the length for volatility calculations.
Overbought and Oversold Levels:
Can be adjusted to customize sensitivity.
Standard Deviation SMA RSI Calculation
The SMA-based RSI smooths fluctuations while the standard deviation bands measure price volatility.
Upper and Lower Bands: Calculated by adding/subtracting standard deviation to/from the SMA-based RSI.
Trend Signal Calculation:
RSI is compared to uptrend and downtrend thresholds to determine buy/sell conditions.
Long and Short Conditions
Buy and sell conditions are determined by RSI relative to key thresholds :
Bullish Signal: RSI above long threshold & SMA confirms trend .
Bearish Signal: RSI below short threshold & SMA confirms downtrend .
Reversals: RSI entering overbought/oversold areas suggests possible trend reversals.
Conclusion
The Standard Deviation SMA RSI is a powerful trend-following and mean-reverting tool , offering enhanced insights into RSI movements, volatility, and market strength . By combining SMA smoothing, standard deviation bands, and dynamic thresholds , traders can better identify trend confirmations, reversals, and overextended conditions .
✅ Customizable settings allow traders to optimize sensitivity.
✅ Works best on high timeframes (12H, Daily, Weekly).
✅ Ideal for swing traders and long-term investors.
CVD Oscillator - Short Term SwiftEdgeOverview
The CVD Oscillator - Short Term is a technical indicator designed to assist traders in identifying short-term buying and selling pressure in the market. It calculates the Cumulative Volume Delta (CVD) to measure the net volume difference between buying and selling activity, displayed as an oscillator in a separate panel. This indicator is tailored for short-term trading strategies, such as scalping or day trading, on low timeframes (e.g., 1-minute, 5-minute, or 15-minute charts).
How It Works
Cumulative Volume Delta (CVD): The indicator calculates CVD by assigning volume to buyers (when close > open) or sellers (when close < open). If close = open, the volume is neutral.
Short-Term Focus: The CVD is calculated over a user-defined lookback period (default: 10 candles), making it sensitive to recent market activity.
Normalization: The raw CVD is normalized by dividing it by the average volume (over a short period, default: 5 candles) and scaled to fit within a range of -100 to +100, creating an oscillator-like behavior.
Reset Options: Users can reset the CVD at specific intervals (e.g., every minute, 5 minutes, 15 minutes, or daily) to focus on intraday movements.
Live CVD Value: The raw (unnormalized) CVD value is displayed as a label on each candle for real-time monitoring.
Key Features
Customizable Lookback Period: Adjust the number of recent candles (default: 10) to calculate CVD, allowing for precise short-term analysis.
Flexible Reset Periods: Choose to reset the CVD every 1 minute, 5 minutes, 15 minutes, daily, or never, to suit your trading style.
Normalized Oscillator: The CVD is scaled between -100 and +100, making it easier to visualize short-term momentum.
Live CVD Labels: Displays the raw CVD value on each candle, with options to position the label above or below the oscillator line.
How to Use
Add to Chart: Apply the indicator to your chart on a low timeframe (e.g., 1m, 5m, or 15m) for short-term trading.
Interpret the Oscillator:
Above 0 (Green): Indicates buying pressure dominates.
Below 0 (Red): Indicates selling pressure dominates.
Near 0: Suggests neutral market conditions.
Monitor Live CVD: Use the raw CVD value (shown in the label) to assess the exact net volume difference over the lookback period.
Combine with Other Tools: Use the oscillator alongside price action, support/resistance levels, or other indicators to confirm trading decisions.
Adjust Settings:
CVD Lookback Period: Set to a small value (e.g., 5-20 candles) for scalping.
CVD Reset Period: Choose "1m" or "5m" for intraday resets to focus on very short-term trends.
Volume Average Length: Use a short length (e.g., 3-5) for faster responsiveness.
Scale Factor: Increase (e.g., 2.0-3.0) to amplify small changes in CVD.
Settings
CVD Reset Period: Defines when to reset the CVD calculation ("None", "D" for daily, "15m", "5m", "1m").
CVD Lookback Period (Candles): Number of recent candles to calculate CVD (default: 10).
Volume Average Length: Period for averaging volume to normalize CVD (default: 5).
CVD Scale Factor: Adjusts the sensitivity of the normalized CVD (default: 2.0).
CVD Label Position: Choose to display the raw CVD label above or below the oscillator line.
CVD Label Color: Customize the color of the CVD label (default: white).
Limitations
Not a Standalone Tool: This indicator should be used in conjunction with other technical analysis tools, as it does not guarantee profitable trades.
Volume Dependency: The accuracy of CVD relies on the quality of volume data provided by your broker or exchange.
Short-Term Focus: The indicator is optimized for low timeframes and may produce noise on higher timeframes unless adjusted.
No Predictive Claims: The CVD Oscillator reflects past and current market activity but does not predict future price movements.
Notes
This indicator is designed for informational purposes and does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results.
Test the indicator on a demo account to understand its behavior before using it in live trading.
Feedback is welcome! If you have suggestions for improvements, feel free to share them in the comments.
Reversal rehersal v1This indicator was designed to identify potential market reversal zones using a combination of RSI thresholds (shooting range/falling range), candlestick patterns, and Fair Value Gaps (FVGs). By combining all these elements into one indicator, it allow for outputting high probability buy/sell signals for use by scalpers on low timeframes like 1-15 mins, for quick but small profits.
Note: that this has been mainly tested on DE40 index on the 1 min timeframe, and need to be adjusted to whichever timeframe and symbol you intend to use. Refer to the backtester feature for checking if this indicator may work for you.
The indicator use RSI ranges from two timeframes to highlight where momentum is building up. During these areas, it will look for certain candlestick patterns (Sweeps as the primary one) and check for existance of fair value gaps to further enhance the hitrate of the signal.
The logic for FVG detection was based on ©pmk07's work with MTF FVG tiny indicator. Several major changes was implemented though and incorporated into this indicator. Among these are:
Automatically adjustments of FVG boxes when mitigated partially and options to extend/cull boxes for performance and clarity.
Backtesting Table (Experimental):
This indicator also features an optional simplified table to review historical theoretical performance of signals, including win rate, profit/loss, and trade statistics. This does not take commision or slippage into consideration.
Usage Notes:
Setup:
1. Add the indicator to your chart.
2. Decide if you want to use Long or Short (or both).
3. If you're scalping on ie. 1 min time frame, make sure to set FVG's to higher timeframes (ie. 5, 15, 60).
4. Enable the 'Show backtest results' and adjust the 'Signals' og 'Take profit' and 'Stop loss' values until you are satisfied with the results.
Use:
1. Setup an alert based on either of the 'BullishShooting range' or 'BearishFalling range' alerts. This will draw your attention to watch for the possible setups.
2. Verify if there's a significant imbalance prior to the signal before taking the trade. Otherwise this may invalidate the setup.
3. Once a signal is shown on the graph (either Green arrow up for buys/Red arrow down for sells) - you should enter a trade with the given 'Take profit' and 'Stop loss' values.
4. (optional) Setup an alert for either the Strong/Weak signals. Which corresponds to when one of the arrows are printed.
Important: This is the way I use it myself, but use at own risk and remember to combine with other indicators for further confluence. Remember this is no crystal ball and I do not guarantee profitable results. The indicator merely show signals with high probability setups for scalping.
