NKP Monthly ZonesNKP Monthly Zones is an indicator it will show where the buyers and sellers sitting to take the positional trades on Daily and weekly charts. it is created based on the last 10 months price movements. By using this we can detect reversals, continuations and trend strength, read on. ( we can apply this in 1 day, 1 week chart)
NKP Weekly zones has 2 main components:
Buyers zone dotted lines (Green)
Sellers zone dotted lines (Red)
How does it work?
The price moves above the seller zone area it means up trend continuation.
The price moves below the buyer zone area it means down trend continuation.
The price touches buyer zone area and the price moving up it means down trend completed and up trend started.
The price touches seller zone area and the price moving down it means up trend completed and down trend started.
What are the signals?
it wont generate any signals. just it will plot the buyers and seller zones.
Can we set the Alert on this?
Yes, we can set the alert based on the buyer/seller zone broken.
two custom alerts -NKP monthly Buyer zone , NKP monthly Seller zone
IMPORTANT: this script does not generate any signals. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 1day and 1week time frame. Lower/High period gives more incorrect signals. Don't use this in lower time frames( below 1 day time frame).
Try it! Good luck and good trading!
For access, please PM us or visit the link below in our Signature.
Komut dosyalarını "zone" için ara
NKP Weekly ZonesNKP Weekly Zones is an indicator it will show where the buyers and sellers sitting to take the positional trades on hourly charts. it is created based on the last 10 weeks price movements. By using this we can detect reversals, continuations and trend strength, read on. ( we can apply this in 1hr, 2hr, 3hr, 4hr chart)
NKP Weekly zones has 2 main components:
Buyers zone dotted lines (Green)
Sellers zone dotted lines (Red)
How does it work?
The price moves above the seller zone area it means up trend continuation.
The price moves below the buyer zone area it means down trend continuation.
The price touches buyer zone area and the price moving up it means down trend completed and up trend started.
The price touches seller zone area and the price moving down it means up trend completed and down trend started.
What are the signals?
it wont generate any signals. just it will plot the buyers and seller zones.
Can we set the Alert on this?
Yes, we can set the alert based on the buyer/seller zone broken.
two custom alerts -NKP weekly Buyer zone , NKP weekly Seller zone
IMPORTANT: this script does not generate any signals. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 1hr, 2hr, 3hr and 4hr time frame. Lower/High period gives more incorrect signals. Don't use this in daily, weekly and monthly time frame.
Try it! Good luck and good trading!
For access, please PM us or visit the link below in our Signature.
NKP Daily ZonesNKP Daily Zones is an indicator it will show where the buyers and sellers sitting to take the positions. it is created based on the last 10 days price movements. By using this we can detect reversals, continuations and trend strength, read on. ( we can apply this in lower timeframes like , 5min, 15min, 30min, 1hr)
NKP Daily zones has 2 main components:
Buyers zone dotted lines (Green)
Sellers zone dotted lines (Red)
How does it work?
The price moves above the seller zone area it means up trend continuation.
The price moves below the buyer zone area it means down trend continuation.
The price touches buyer zone area and the price moving up it means down trend completed and up trend started.
The price touches seller zone area and the price moving down it means up trend completed and down trend started.
What are the signals?
it wont generate any signals. just it will plot the buyers and seller zones.
Can we set the Alert on this?
Yes, we can set the alert based on the buyer/seller zone broken.
two custom alerts - NKP Buyer zone , NKP Seller zone
IMPORTANT: this script does not generate any signals. Perfectly catches long runs in trends at all underlings (stocks, indexes ) at 5 min, 15min, 30min, 1hr time frame. Lower/High period gives more incorrect signals. Don't use this in daily time frame.
Try it! Good luck and good trading!
For access, please PM us or visit the link below in our Signature.
Confluence Zone Calculation for Support in Bullish TendsConfluence Zone Calculation for Support in Bullish Tends
(or Restance in bearish ones)
Ever wondered why sometimes the zag of an Elliot Wave zigzag is stopped after just a few points?
(Like in the given Chart where I draw a line for a typical zag action.)
It has often to do with confluence Zones. Most people think that the lower edge of a narrow range, repeated a few times, creates big support - confluence zones are stronger.
You can make them visible by getting fibonaccis from just one specific high to several different significant lows (for example the range lines mentioned above). The areas where significant lows and their fibos appear very close together are confluence zones. They can brake a falling price like a security net.
This script caluculates Confluence zones for you by using a second useful "secret": the secret that signifant lows test or create temporal rsi lows (vice-verse with highs).
The thicker (non-aqua clored)lines show actual lows, are corresponding with those rsi lows, the thinner are fibo lines deriving from them. (The white line stands for the high taken for the calculation.)
Note: Only those lines are valid which reach to the actual last bar.
Best practise is to let the script calculate,then redraw your lines of interest by hand and get rid of the rest of the spider web-like turmoil of lines by deleting the script from the chart.
Note further: I had to omit some calculations, because otherwise calculation time gets too long for TV and it stops with calculation Time out. (For your transparency I calculated all fibo codes but skipped some in "sline"-function; the number-suffix makes a jump when i omit a value ).
Note further further: Resistance confluence lines for bullish trends need a different script, because if you do it totally right vou in this case work from a single LOW of your interes t.
I hope it enriches your knowledge and is a help for your studies and tradings.
Feedback and Questions welcome
yoxxx
BITCOIN KILL ZONES v2Kill Zones
Kill zones are really liquidity events. Many different market participants often come together and act around these events. The activity itself may be event driven (margin calls or options exercise related activity), portfolio management driven (buy-on-close and asset allocation rebalancing orders) or institutionally driven (larger players needing liquidity to get filled in size) or a combination of any/all three. The point is, this intense cross current of activity at a very specific point in time often occurs near significant technical levels and trends established coming out of these events often persist until the next Kill Zone in approached/entered.
Specifically, there are three Kill Zones and each has its own importance/significance.
1. Asian Kill Zone (1900 - 2300 EST) Considered the "institutional" zone, this zone represents both the launch pad for new trends and also too a reloading area from the post American session. It is the start of a new day (or week) for the world and as such it makes sense this zone will often set the tone for the rest of the world's trading day. Since it is very wide (4 hours) one should pay attention to the Tokyo open (2100 EST) the Beijing open (2120 EST) and the Sydney open (0650 EST previous day).
2. London Kill Zone (0200 - 0400 EST) Considered the center of the financial universe for more than 500 years, Europe still carries a lot of influence within the banking world. Many larger players use the Euro session to establish their positions. As such, the London open often sees the most significant trend establishment activity through any given trading day. Indeed, it has been suggested 80% of all weekly trends are established through Tuesday's London Kill Zone.
3. New York Kill Zone (0830 - 1030 EST) The United States is still by far the world's largest economy and so by default New York's open carries a lot of weight and often comes with a big injection of liquidity. Indeed, most of the world's trade-able assets are priced in US dollars which gives even more significance to political and economic activity within this region. Because it comes relatively late in the globe's trading day, this Kill Zone often sees violent price swings within it's first hour leading to the time tested adage "never trust the first hour of North American trading.
Additional notes:
It has become apparent these Kill Zones are evolving over time and the course of world history. Since the end of the second world war, New York has slowly encroached on London's place as the global center for commercial banking. So much so through the later part of the 20th century New York was considered indeed, the new center of the financial universe. With the end of the cold war that leadership seems to have shifted back toward Europe and away from The United States. Additionally, Japan has slowly lost its former predominance within the global economic landscape while Beijing's has risen dramatically.
Only time will tell how these kill zones will evolve given each region's ever changing political, economic and socioeconomic influences.
Trading Notes:
If you have specific levels of interest odds are the bigger players have the same levels too. If it is indeed a solid level, look for price to trade to your level through the kill zone because the zone is a liquidity event where the bigger players can find enough size to get their big orders filled.
Try to avoid taking positions heading into Kill Zones and look for confirmation of your levels coming out of the event. For the more advanced trader, look to take positions on those level hits through the zone but understand higher time frame players often have far deeper pockets then day traders and can endure far more volatility then us little guys.
Thanks for the contribution to @CRInvestor and @ICT_MHuddleston
Hot Zones Indicator [ChartPrime]Hot Zones (Basic) is a precision-engineered confluence detection system that identifies statistically significant price reaction zones by mapping retracement levels enriched with structural, volumetric, and momentum-based overlays. In contrast to static Fibonacci tools, this system dynamically synchronizes a custom volume-weighted average price inspired overlay and localized oscillator signals to produce probabilistically favorable “hot zones” that respond to real-time market structure.
These zones are visually enhanced when multiple dimensions of market confluence align—such as volume-weighted price agreement, structural symmetry, and volatility-based momentum extremes—allowing for immediate prioritization of high-probability reaction areas.
Core Concept
The system autonomously detects impulse-correction phases within the price series using directional breakout logic and multi-bar structural analysis. Once a valid trend leg is established, standard retracement levels are plotted along the vector. These levels are continuously evaluated against live price interaction, volume alignment, and momentum state.
Swing Initialization Logic
Automated Structural Anchoring: Swing points are detected using fractal pivot analysis and breakout validation. The tool anchors retracement vectors to recent directional legs with the highest structural integrity.
Volume-Weighted Price Confluence
Two VWAP-derived overlays are applied:
Anchored Volume Level: Derived from the origin of the leg, reflecting the volume-weighted cost basis of major participants over the structural phase.
Internal VWAP: Triggered on intermediate pullbacks, mapping localized institutional activity through recursive anchoring logic.
When either curve aligns with a retracement level under live market conditions, the level is flagged as a high-confluence reaction zone.
Momentum & Volatility Filtering
A proprietary oscillator—optimized for mean deviation and multi-resolution smoothing—is integrated to quantify local volatility states and directional momentum.
The oscillator feeds into two distinct signal regimes:
Directional Crossovers: When a significant momentum shift occurs within a mapped levels, the zone is annotated accordingly with a directional labeling "⬆" or "⬇".
Momentum Extremes: OB/OS thresholds are used to detect compression or exhaustion states, enhancing zone validity under directional stress.
These signals are visually merged into the zone rendering, enabling contextual clarity at a glance.
Customization & Advanced Features
Individual fib levels can be toggled or styled per user preference.
Aesthetic properties (color, line width) are fully configurable.
An optional “Hacker Zone” region—highlighting retracement areas statistically associated with institutional accumulation also known as Golden Pocket — is available for advanced users.
Conclusion
Hot Zones by ChartPrime represents a multi-dimensional confluence engine, transforming traditional retracement mapping into a reactive, data-driven framework. By integrating structure, volume flow, and momentum analytics into a unified interface, it enhances discretionary and systematic trading decisions alike. Whether trading trend continuations, reversals, or liquidity anomalies, Hot Zones enables actionable clarity at structurally significant levels.
Yome Kill Zones ProPerfect for US30 Entry ## Yome Kill Zones Pro
**Yome Kill Zones Pro** is a precision trading tool designed for day traders and scalpers who focus on session-based setups, liquidity sweeps, and directional bias during the London–New York overlap.
---
### **Key Features**
- **Customizable Kill Zone Box**
- Marks session high/low from any user-defined time window (default: 6:00–11:30 UTC).
- **Swing Point Sweep Detection**
- Identifies significant highs/lows swept by price with momentum—ideal for supply/demand or S/R zones.
- **Independent Bias Kill Zone**
- Separate bias calculation window with adjustable start/end time to isolate market sentiment.
- **Bias Table (Always-On Display)**
- **Killzone Bias** – Shows direction based on price change during bias time.
- **Long-Term Bias** – Compares price vs. Open and EMA(50) from any selected timeframe (default: 15m).
- **Full Visual Customization**
- Editable sweep labels, line colors, line style, label visibility, and kill zone extensions.
---
### **How to Use**
1. **Set Your Session Times**
- Use the “Killzone Settings” to define high/low tracking time.
- Use “Bias Killzone Settings” to define when to calculate bias direction.
2. **Check the Bias Table**
- Use **Killzone Bias** for short-term session direction.
- Use **Long-Term Bias** to align with higher timeframe market structure.
3. **Watch for Liquidity Sweeps**
- Look for momentum-based breaks of swing highs/lows within your kill zone window.
- Use these levels to anticipate reversals, retests, or continuations.
4. **Customize It Your Way**
- Everything from line styles, sweep label visibility, thickness, and colors can be customized.
---
### **Best For**
- London & New York session scalpers
- Liquidity & structure-based traders
- Traders using ICT, Smart Money Concepts, or Wyckoff-style analysis
---
> **Tip:** Pair with volume or order block tools for enhanced sniper entries.
Adaptive Support & Resistance Levels [StabTrading]The Adaptive S&R Levels indicator is designed to study support and resistance levels by synthesizing multiple well-known techniques for identifying these zones. It aims to provide traders with reliable price levels that reflect the collective perspective of market participants, using historical price action and projective techniques for extreme conditions.
💡 Introduction: Identified Problem
Traders often draw support and resistance lines using varied methods, leading to inconsistencies in where these levels are placed on charts. This variability can reduce the effectiveness of individual levels, as price may not react strongly to zones that lack broad recognition. The Adaptive S&R Levels indicator addresses this by aggressively averaging multiple established techniques to create support and resistance lines that align with what most traders are likely to identify, increasing the probability of price reactions.
🚀 How it Works: Overview
The indicator employs a multi-technique algorithm to generate support and resistance levels, ensuring they represent a consensus of trader perspectives.
🚀 How it Works: Chart Levels Display and Styling
Support levels, displayed in green below the current price, and resistance levels, shown in red above the price, are plotted clearly on the chart. Levels are numbered sequentially (e.g., v1, v2) as they move further from the current price, providing a visual hierarchy of proximity. Extreme levels, labeled as "Extreme Support" or "Extreme Resistance," are plotted in a bolder color to distinguish them as the outermost boundaries, maintaining the same green (support) and red (resistance) color scheme for consistency.
🚀 How it Works: Historical Price Action Algorithm
For areas with available historical data, the algorithm analyzes price action using a variety of recognized methods for drawing support and resistance, such as pivot points, swing highs/lows, and volume-based zones. It calculates a weighted average of these techniques to produce a “regression fit” line that reflects the accumulation of levels traders might draw. By prioritizing areas where multiple methods converge, the indicator identifies zones likely to be significant to a wide audience, enhancing their relevance.
🚀 How it Works: Projective Techniques Algorithm
In scenarios without recent historical price action—such as all-time highs or lows—the indicator employs an alternative algorithm that combines projective techniques commonly used by traders. These include Fibonacci extensions, Measured Moves (price projections), Psychological Milestones (e.g., round numbers), Channel/Trendline Extrapolation, and Time-Based Targets (inspired by methods like Gann techniques). The algorithm seeks a confluence of these methods to draw support and resistance levels that align with what most traders would consider significant in such conditions. These levels maintain the same green (support) and red (resistance) color scheme, with numbering based on their distance from the price.
🚀 How it Works: Noise Parameter Adjustment
Users can adjust a noise parameter to control the number of displayed levels. Lower settings show more lines, reflecting a broader range of potential zones but with less confluence. Higher settings increase the required confluence of techniques, resulting in fewer lines that have a higher probability of eliciting a price reaction. This customization allows traders to tailor the indicator to their preferred timeframe or trading style.
🔥 Features
Confluence-Based Levels: Support and resistance lines are derived from a weighted average of multiple techniques, aiming to mirror the levels most traders would recognize.
Extreme Levels: Generates support and resistance in areas without historical price action, using techniques like Fibonacci extensions and Measured Moves.
Color-Coded Display: Green support levels appear below the current price, and red resistance levels appear above, with extreme levels in a bolder shade for distinction.
Adjustable Noise Parameter: Users can modify the confluence threshold to display more lines (lower settings) or fewer, higher-probability lines (higher settings).
📈 Implementing the System
1. Adjust Settings
Set the noise parameter based on your trading style (0.1 to 10).
Use lower values for more frequent levels, suitable for scalping or short-term analysis.
Use higher values for fewer, higher-confluence levels, ideal for swing trading or longer-term strategies.
Adjust for your timeframe: Settings tend to be lower on shorter timeframes and higher on longer timeframes.
2. Identify Levels
Monitor green support levels below the price for potential buying zones, noting their numbered proximity (v1, v2, etc.).
Observe red resistance levels above the price for potential selling or shorting zones, noting their numbered proximity.
Note extreme levels (labeled "Extreme Support" or "Extreme Resistance") in areas like all-time highs, which may act as key reversal points.
3. Evaluate Price Reactions
Track how price interacts with the plotted levels to assess their effectiveness, considering their proximity to price.
Observe performance in bullish, bearish, or ranging markets to understand the indicator’s behavior at different levels.
Test different noise parameter settings across various assets and timeframes to find the optimal balance for your approach.
4. Layering Trades with Levels
Use the numbered levels to layer into a trade: for example, enter a partial position at a closer support level (e.g., v1) and add to it at a further level (e.g., v2) if price continues to decline, spreading risk across multiple zones.
Layer out of a trade by taking partial profits at each resistance level as price rises (e.g., reduce position at v1, then v2), or fully exit at an "Extreme Resistance" level to maximize gains while managing exposure.
🔶 Conclusion
The Adaptive S&R Levels indicator provides a framework for studying support and resistance by averaging multiple trader-recognized techniques. With its ability to handle both historical and extreme price scenarios, numbered levels for visual hierarchy, and customizable noise settings, it offers a versatile tool for analyzing key price levels. Designed for educational use, it encourages traders to test and observe how these consensus-driven levels align with market behavior within broader analysis.
Volume Zones [Blocks]📦 Volume Zones — Smart Volume Detection, Visualized.
Want to spot high-impact candles and key zones of interest with one glance?
Volume Zones is your new edge in reading volume like a pro.
🚀 What it does:
Detects abnormal volume activity using Z-Score logic.
Automatically highlights candles with significant volume spikes as:
⚡ Z1: Noticeable activity
⚡ Z2: Strong participation
⚡ Z3: Potential climax or reversal zone
Builds smart zones (blocks) around these candles to track key price levels and possible mitigation zones.
🧠 Why it's powerful:
No more guessing if a candle matters — let the math speak.
Helps identify:
True breakouts vs fakeouts
Potential reversal zones
Volume-based POIs
Customizable visualization — from color to length, even block opacity.
💡 Use cases:
Combine with Smart Money concepts to validate sweeps and FVGs.
Pinpoint zones where big players stepped in — and where price might return.
Analyze if a breakout is supported by real volume or just noise.
⚙️ Bonus Features:
Compact marker mode for minimalists.
Middle line option for extra precision.
Performance-optimized: limits number of boxes on chart.
GLXY Support & Resistance ZonesHere’s a structured trading strategy for Galaxy Digital Holdings Ltd. (GLXY) based on a combination of technical analysis, market sentiment, and macro crypto market movement:
⸻
1. Timeframe
• Swing trading timeframe: 1-week to 1-month trades.
• Monitor daily and 4H charts for entries and exits.
⸻
2. Key Factors Driving GLXY
• Strongly correlated to Bitcoin and Ethereum price movement.
• Sensitive to regulatory news in Canada/US and institutional crypto adoption.
• Watch Galaxy’s quarterly earnings and treasury BTC/ETH position updates.
⸻
3. Entry Strategy
A) Technical Setup:
• Buy at major support zones:
• Key support levels: $7.00 CAD, $9.00 CAD (verify current chart levels).
• Enter long positions on bullish reversal candles at these supports.
• Breakout trades:
• Enter long positions on confirmed breakouts above significant resistance (watch volume and 1D close).
• Moving Average Confirmation:
• Only trade long if price is above the 50-day moving average and 50 MA is upward sloping.
B) Macro Confirmation:
• Only take aggressive long positions if BTC price is in an uptrend (above its own 50-day MA).
• Monitor ETH/BTC pair as additional confidence for alt sentiment.
⸻
4. Exit Strategy
• First partial profit target: Previous swing highs or Fibonacci extension levels (commonly 1.272 or 1.618).
• Trailing stop: Move stop-loss to entry when trade is +10%.
• Hard stop-loss: Below the last daily support (2-5% risk).
⸻
5. Diversification
• Do not exceed 5-7% of total portfolio per trade.
• Hedge exposure by monitoring crypto futures or crypto sentiment indexes (eg. Fear & Greed Index).
⸻
6. Optional Short Setup
• Only short if price breaks major support with strong volume, and BTC/ETH are in confirmed downtrends.
• Short target: next daily support zone.
⸻
7. News / Event-based Catalyst
• Enter small positions before major earnings or after big regulatory decisions if crypto sentiment is bullish.
⸻
8. Review
• Reassess the strategy every month based on BTC market structure.
• Track your trade results for GLXY separately to refine position sizing and entry criteria.
⸻
Liquidity Imbalance Index (Li2)How to Use the Liquidity Imbalance Index (Li2)
The Liquidity Imbalance Index (Li2) is designed to track market liquidity and identify significant imbalances between buyers and sellers. Here's how to effectively use this indicator in your trading:
Understanding the Main Components
1. Liquidity Delta Histogram/Line:
- Shows the difference between buy and sell liquidity
- Green bars/line: Buying pressure dominates
- Red bars/line: Selling pressure dominates
- The intensity of color shows the strength of the imbalance
2. Threshold Lines:
- Upper (green) threshold: Marks significant buy pressure
- Lower (red) threshold: Marks significant sell pressure
- Neutral zone: Area between the dotted lines where neither buyers nor sellers dominate
3. Liquidity Zones (circles shown on top/bottom):
- Green circles on upper threshold: Historical bull zones (significant buying interest)
- Red circles on lower threshold: Historical bear zones (significant selling interest)
- These zones require multiple hits, consecutive signals, and optionally volume confirmation
Trading Strategies
For Trend Trading
1. Look for when the Liquidity Delta crosses above the upper threshold for bullish signals
2. Look for when the Liquidity Delta crosses below the lower threshold for bearish signals
3. Especially powerful when crossing occurs with acceleration (darker histogram colors)
For Support and Resistance
1. Identify where the significant bull/bear zones appear (green/red circles)
2. These often align with important price levels where orders cluster
3. Use these zones as potential reversal or confirmation points
For Divergence
1. Watch for price making new highs/lows while liquidity shows the opposite
2. Divergence between price and liquidity can signal potential reversals
Volume Confirmation
1. Pay attention to volume-confirmed signals (small circles at zero line)
2. These indicate stronger conviction behind the liquidity imbalance
Optimal Settings
- For day trading or volatile markets, consider reducing lookback periods and increasing thresholds
- For swing trading, the default settings work well to capture significant zones
- In ranging markets, focus on the zones as they often mark the range boundaries
- In trending markets, follow the overall direction of the liquidity delta
Reading Acceleration Signals
The indicator shows color intensity variations to highlight acceleration in liquidity flows:
- Dark green/red: Strong acceleration (rapid shift in order flow)
- Medium green/red: Medium acceleration
- Light green/red: Weak acceleration
These acceleration signals often precede significant price movements.
zavaUnni-Consolidation Zone DetectorConsolidation Zone Detector - Explanation
This Pine Script indicator is designed to detect Consolidation (flat/sideways) zones in price movement by analyzing volatility and identifying periods of consolidation. It visually highlights these flat zones, helping traders spot potential breakout opportunities.
🔹 Key Features
Customizable Timeframe Selection
Users can choose a specific timeframe (TF) for analysis.
Option to use Heikin Ashi candles instead of standard candlesticks for smoother trend detection.
Volatility-Based Analysis
Calculates body size (co_rate) and high-low range (hl_rate) to measure price movement.
If volatility is below a predefined threshold, the zone is classified as flat.
Flat Zone Detection & Visualization
Detects periods of low volatility and marks them as flat zones.
Stores the highest (flat_high) and lowest (flat_low) prices during the flat period.
If volatility increases beyond the threshold, the flat status is deactivated.
Visual Representation with Lines & Shaded Areas
When a flat zone is detected, it is highlighted with orange lines at the high and low levels.
These lines extend dynamically as the flat zone continues.
A semi-transparent shaded area is drawn to emphasize the consolidation range.
🔹 How to Use
Identify sideways price movements and prepare for potential breakouts.
Use in conjunction with other indicators to refine entry and exit points.
Combine with Heikin Ashi candles for a smoother trend analysis.
This indicator is particularly useful for spotting range-bound markets and detecting areas of low volatility where a breakout may soon occur
Relative Strength Index With Range ZoneRSI (Relative Strength Index) with 45-55 Range Zone
1. Introduction and Historical Background
The Relative Strength Index (RSI) is a momentum indicator developed in 1978 by J. Welles Wilder Jr. It measures the speed and magnitude of price changes to assess overbought and oversold conditions of an asset. This widely used oscillator ranges between 0 and 100.
Historically, the RSI was mainly used to detect trend reversals by identifying extreme levels: above 70 (overbought) and below 30 (oversold). However, its application has evolved, and new approaches refine its interpretation, such as adding a 45-55 neutral zone to identify consolidation (range) periods.
2. RSI Calculation
The RSI is calculated using the following formula:
RSI=100−(1001+RS)RSI=100−(1+RS100)
Where:
RS=Average gain over N periodsAverage loss over N periodsRS=Average loss over N periodsAverage gain over N periods
• RS (Relative Strength) is the ratio between the average gains and the average losses over N periods (typically 14 periods).
• Gains and losses are calculated based on daily price variations.
Example calculation with a 14-day period:
1. Compute daily gains and losses.
2. Take an exponential or simple moving average of these values over 14 days.
3. Apply the formula to get the RSI value.
3. Classic RSI Usage
The RSI is typically interpreted as follows:
• RSI > 70: Overbought → Possible correction or bearish reversal.
• RSI < 30: Oversold → Possible rebound or bullish reversal.
• RSI between 50 and 70: Bullish momentum.
• RSI between 30 and 50: Bearish momentum.
4. Adding the 45-55 Zone to Identify Range Phases
Adding a neutral zone between 45 and 55 helps identify consolidation periods, when price moves sideways without a strong trend.
• RSI between 45 and 55: The market is in a range, meaning neither buyers nor sellers dominate.
• RSI breaking out of this zone:
o Above 55: Indicates the start of a bullish trend.
o Below 45: Indicates the start of a bearish trend.
This zone is particularly useful for:
• Avoiding false signals by waiting for trend confirmation.
• Identifying ranging markets, favoring range trading strategies (buying at support, selling at resistance).
• Filtering trend-based entries, waiting for the RSI to exit the 45-55 zone.
5. Trading Strategies Using RSI with the 45-55 Range Zone
1. Range Trading:
• When the RSI oscillates between 45 and 55, it signals a lack of strong trend.
• Strategy:
o Identify a support and resistance level.
o Buy near support when the RSI touches 45.
o Sell near resistance when the RSI touches 55.
2. Breakout Trading:
• If the RSI exits the 45-55 zone:
o Above 55 → Buy (start of a bullish trend).
o Below 45 → Sell (start of a bearish trend).
• This breakout can be used as a confirmed entry signal.
3. Confirmation with Divergences:
• A bullish divergence (price making lower lows while RSI makes higher lows) is more relevant if the RSI moves above 55.
• A bearish divergence (price making higher highs while RSI makes lower highs) is stronger if the RSI drops below 45.
6. Conclusion
The RSI is a powerful tool for analyzing price momentum. Adding a 45-55 zone enhances its usage by clearly distinguishing:
• Consolidation phases (range markets).
• Trend beginnings when RSI breaks out of this range.
This approach improves RSI reliability by filtering out false signals and allowing traders to adapt their strategy based on market conditions.
Atr Target TP & Protecion Zone [Pinescriptlabs]This indicator provides an adaptive trailing stop system with dynamic price targets and protection zones, ideal for position management.
Main Features:
🚦 ADAPTIVE TRAILING STOP:
Automatically adjusts based on volatility (ATR) and volume
Two modes: "Modified" and "UnModified" for true range calculation
Displayed as a line with colored background (green for longs, red for shorts)
🎯 TARGET ZONES (T1 & T2):
Calculates two target zones (T1 and T2) based on:
Market strength (combination of RSI, volume, MFI, ADX, MACD)
Current volatility (ATR)
Distance from current price
Visualized with blue boxes (T1) and purple boxes (T2)
🛡️ PROTECTION ZONE:
Automatically activates in sideways markets
Provides an additional buffer to the trailing stop
Helps avoid premature exits in volatile markets
📊 INFORMATION PANELS:
Top Right Panel displays:
Current trend direction
Target status (T1 & T2)
Market strength
Current ATR
RSI level
Bottom Right Panel displays:
Trailing status (WIDE/NORMAL)
Volume impact
Directional strength
Protection zone status
Español:
Este indicador proporciona un sistema de trailing stop adaptativo con objetivos de precio dinámicos y zonas de protección, ideal para la gestión de posiciones.
**Características Principales**:
🚦 **TRAILING STOP ADAPTATIVO**:
- Se ajusta automáticamente según la volatilidad (ATR) y el volumen
- Dos modos: "Modified" y "UnModified" para el cálculo del rango verdadero
- Se visualiza como una línea con fondo coloreado (verde para largos, rojo para cortos)
🎯 **ZONAS OBJETIVO (T1 y T2)**:
- Calcula dos zonas objetivo (T1 y T2) basadas en:
- Fuerza del mercado (combinación de RSI, volumen, MFI, ADX, MACD)
- Volatilidad actual (ATR)
- Distancia al precio actual
- Visualización mediante cajas azules (T1) y moradas (T2)
🛡️ **ZONA DE PROTECCIÓN**:
- Se activa automáticamente en mercados laterales
- Proporciona un buffer adicional al trailing stop
- Ayuda a evitar salidas prematuras en mercados volátiles
📊 **PANELES INFORMATIVOS**:
*Panel Superior Derecho* muestra:
- Dirección de la tendencia actual
- Estado de los objetivos (T1 y T2)
- Fuerza del mercado
- ATR actual
- Nivel de RSI
*Panel Inferior Derecho* muestra:
- Estado del trailing (WIDE/NORMAL)
- Impacto del volumen
- Fuerza direccional
- Estado de la zona de protección
Curious Buy - Sell Indicator - Institutional Zones (Smart Money)How the Script Works:
1. The Scripts identifies Institutional Demand , Supply & Neutral Zones with FIBS on the scripts with Rectangle BOX with labels in advance. User can insert desired start and end value to plot institutional zones
2. Script generates BUY - SELL signals shape based on candle stick formation in live market and labels with BUY - SELL image for easy identification
3. Script gives pop message EXIT SHORT once Buy spotted and candle close above the buy signal and same way EXIT LONG once Sell spotted and candle close below the buy signal
4. Scripts identifies the candle closing above the BUY - SELL signals Eg - If buy spotted the candle closing above the BUY signal with display with BLUE color Candle same way for sell signal the candle closing below the sell signal candle with display with BLACK color candle.
5. Script spots fake signals which are not valid and can be ignored by the end user
6. Three EMA's 20,50,200 has implemented to identify the strength of the market
7. Scripts identifies OPEN = LOW & OPEN = HIGH candle stick to spot the Institutional BUY - SELL activity
8. The script provides visual clues on the chart to help users identify potential trading opportunities.
9. The script provides visual clues on the chart to help users identity potential trading opportunities in live market
10. The looks and parameters of the script can be modified by end user to customize and adapt to different strategy.
11. With the script user can check higher time frame DAILY \ WEEKLY BUY - SELL signals to plan intraday trades and plan safe BUY - SELL positions.
How Users Can Make Profit Using This Script:
1. Identify potential BUY - LONG opportunities: When a valid BUY is detected and condition is met, it is suggested to opening BUY position with stoploss below the BUY signal spotted candle.
Safe users can execute BUY position once BLUE COLOR candle is formed, Wait for pull back to reduce the stoploss
2. Identify potential SELL - SHORT opportunities: When a valid SELL is detected and condition is met, it suggests a potential opening SELL positions with stoploss above the BUY signal spotted candle. Safe users can execute SELL position once BLACK COLOR candle is formed, Wait for pull back to reduce the stoploss.
3. Script generated BUY - SELL signal met target with the Institutional zone. Eg if BUY spotted at demand zone target will be neutral zone & Supply zone.
4. Script designed for user to spot high probability trades when BUY SIGNAL SPOTTED at the Institutional Demand zone same way SELL SIGNAL SPOTTED AT INSTITUTIONAL supply zone.
5. Combine with additional analysis: Users can utilize this script as a tool in their overall trading strategy. They can combine the signals with fundament analysis , market sentiment to make more informed trading decision
6.Set risk management measures: It is important for users to implement proper risk management strategies when trading based on the scripts signals. To avoid potential losses user once spotted BUY - SELL execute the long or short position. Ensure to place the stoploss to avoid potential losses and place the target. Once your trade is moving in your favor
can trial your stoploss to cost and protect the profits.
TICK Extreme Zones Indicator OverlayOverview :
The TICK Extreme Zones Indicator Overlay is designed to gauge the overall market trend using the TICK index. By determining the number of bullish (values above 0) and bearish (values below 0) TICK closes within a user-specified lookback period, it provides an insight into the prevailing market sentiment. This insight can be beneficial for traders looking to identify potential entry or exit points based on the market's strength or weakness.
Key Features :
Lookback Period : This is a user-defined time frame in minutes. The indicator counts the number of bullish and bearish TICK closes within this period.
Market Trend Label : Based on the TICK values, the indicator determines if the market is:
Uptrending: Majority of TICK values are positive.
Downtrending: Majority are negative.
Neutral/Rangebound: Equal positive and negative closes.
Zones : These represent certain threshold levels in the TICK values.
Positive Zones:
Dark Blue: 1000
Light Blue: 800 & 600
Negative Zones:
Red: -1000
Yellow: -800 & -600
Touch Detection Method : Detects intraday touches and can be toggled on/off based on the user's preference.
Usage Guidelines :
Trending Market :
In a trending market, the TICK index can remain consistently above or below zero.
For a market moving upwards, it's advisable to consider entering a trade when the indicator returns to zero instead of waiting for it to return to -1000.
Using Exponential Moving Averages (EMAs) can provide additional confirmation of the trend.
Rangebound Market :
For sideways markets, consider initiating a long position when the TICK index goes below -1000 and exit the position when the index reaches +1000.
It's beneficial to pair these readings with significant support and resistance levels to make more informed trading decisions.
Divergence :
Divergence between the TICK index and price can be a good measure of the underlying market strength.
If a stock's price is making lower lows, but the TICK index is making higher lows, it might indicate weakening selling momentum.
Notes:
- Always use this indicator in conjunction with other technical analysis tools.
- Proper risk management practices are crucial when using any trading tool or strategy.
Histogram-based price zonesThis indicator provides a new approach to creating price zones that can be used as support and resistance. The approach does not use pivot points or Fibonacci levels. Instead, it uses the frequency of occurence of local maxima and minima to determine zones of interest where price often changed direction.
The algorithm is as follows:
- Gather price data from the last Lookback trading periods
- Calculate rolling minima and rolling maxima along the price points with window size Window size
- Build a histogram from the rolling extrema which are binned into different zones. The number of bins and therefore the width of a zone can be adjusted with the parameter Zone width factor
- Select only the top fullest bins. The number of bins selected for plotting can be controlled with Zone multiplier
The result are a number of boxes that appear on the chart which mark levels of interest to watch for. You can combine multiple instances of this indicator on different settings to find zones that are very relevant.
Shown as an example is the Nasdaq 100 futures ( NQ1! ) on the D timeframe with levels built from the last 100 periods with default settings. The boxes are the only output of the indicator, no signals are created.
Bull Bear Zones for Bank Nifty and Nifty IndexThis indicator will automatically plot daily Bullish and Bearish Zones. Also this indicator mainly works in the Nifty and Bank Nifty Intraday trades. Preferred time frames (3/5/15 Mins)
Calculation
Take Last 5 days O H L C then find H-O and H-L, take average of the difference of H-O and H-L then Minimum Value then the average difference is added with the day opening to get the bullish zone and the average is subtracted from the opening price to get the bearish zone
Long Trade
Buy above the bullish zone line or Buy near the bearish support levels when it takes support
Example 1 (Buy above Bullish Zone)
Short Trade
Sell below the bearish zone line or Sell when there is a rejection from the bullish zone
Example 1 (Sell Below Bearish Zone)
No Trade Zone
If the market move between the zones then, the momentum is very week.
Example 1
Customizable Pivot Support/Resistance Zones [MyTradingCoder]This script uses the standard pivot-high/pivot-low built-in methods to identify pivot points on the chart as a base calculation for the zones. Rather than displaying basic lines, it displays a zone from the original pivot point to the closest part of the available body on the same candle. The script comes in handy by utilizing Pinescripts available input.source() function to allow for an external indicators output value to be used within the indicator. Make sure to read all of the TOOLTIPS in the indicator settings menu to get a full understanding of what each setting does, and how it can affect the results that end up on the chart.
By enabling the custom filter in the indicator settings, you will notice you have the ability to filter out zones using an external indicator such as an RSI. Maybe you only want zones to be calculated/drawn when the RSI is overbought or oversold, or maybe you only want the zones to calculate/draw if the Supertrend is green or red. The list of possible filters that you can implement is too many to count. Feel free to play around with the indicator however you like, and configure something that you find to be the most useful for your trading.
On top of everything listed above, the indicator has pre-programmed built-in alertconditions so that you can potentially automate trading, or get a notification to your cell phone when a zone is being touched/broken.
Ichimoku Strategy with Buy and Sell ZonesIchimoku strategy with Buy and Sell Zones basicly using Ichimoku Cloud
Tenkan-sen (Conversion Line): (9-period high + 9-period low)/2
On a daily chart, this line is the midpoint of the 9-day high-low range, which is almost two weeks.
Kijun-sen (Base Line): (26-period high + 26-period low)/2
On a daily chart, this line is the midpoint of the 26-day high-low range, which is almost one month.
Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2
This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as “Leading” because it is plotted 26 periods in the future and forms the faster Cloud boundary.
Senkou Span B (Leading Span B): (52-period high + 52-period low)/2
On the daily chart, this line is the midpoint of the 52-day high-low range, which is a little less than 3 months. The default calculation setting is 52 periods, but it can be adjusted. This value is plotted 26 periods in the future and forms the slower Cloud boundary.
Chikou Span: Represents the closing price and is plotted 26 days back.
Kumo Cloud: Kumo cloud between Senkuo Span A and Senkou Span B lines. It can be green or red. Color can be change with the trend.
And, it has 2 zones includes Buy and Sell Zone
For Buy Zone Alert;
- Tenkansen (Conversion Line) should crossover Kijunsen (Base line) above the highest line of cloud
- Price should be above the highest line of cloud
- Chikouspan should be above the cloud
For Sell Zone Alert:
- Kijunsen (Base Line) should crossover Tenkansen (Conversion Line) below the lowest line of cloud
- Price should be below the lowest line of cloud
- Chikouspan should be below the cloud
The indicator has some of Simple Moving Averages and Exponentianl Moving Averages
It includes:
- SMA 50
- SMA 200
- EMA 21
- EMA 500
You have chance to show or hide everything from settings section.
If you hide everything you can only see Buy and Sell zones.
SMART4TRADER-ATR STANDARD DEVIATION CHARTThis indicator is a continuation of the indicator MUST READ this indicator 🚥 SMART4TRADER ATR STANDARD DEVIATION
The indicator is in the main window and shows the levels at which in most cases the price is braking. The concept of this indicator is a modified ATR with a standard deviation in the smaller direction in order to determine the often recurring price reversal zones.
Recommended options are suggested by default.
In the comments will be added a video in Russian on the application and analysis of the market using this indicator📲
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Это индикатор является продолжение индикатора ОБЯЗАТЕЛЬНО ПРОЧИТАЙТЕ про этот индикатор 🚥 SMART4TRADER ATR STANDARD DEVIATION
Индикатор находится в главном окне и показывает уровни на которых в большинстве случаев происходит торможение цены. В концепции данного индикатора лежит измененный ATR с стандартным отклонением в меньшую сторону для того, чтобы определить часто повторяющиеся зоны разворота цены.
Рекомендуемые параметры предложены по умолчанию.
В комментариях будет добавлено видео на русском языке по применению и анализу рынка при помощи этого индикатора📲
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RvZ - Reversal Zones Indicator..!Hello Traders...!
Yet another indicator from myself following to my previous indicator "FIRST-5-MINUTES-ZONE-AND-HI-LO-BRKOUTS",
this is TO IDENTIFY INTRADAY REVERSAL ZONES...!!!
- It works on any time frame
- along with those zones i have added two more lines Red and Green which will be used as Intraday Resistance and Support lines .
- Pls donot expect Profit and Stop points, that is upto you.
- If market goes beyond those zones well then consider that market is trading stronger. So..trade with strict stops accordingly. If the market goes beyond those zones then LOOK LEFT for the previous zones and trade.
- 80% of time, the market respects those zones.
- The zones colours are CUSTOMIZABLE
- A simple strategy to use this in confluence with,
RSI (7) Range , EMA (100)
**** If stock trading above 100 EMA, Rsi in overbought, price in upper reversal zones, then voila...get some sack ready to fill the money...!!! same goes for opposite side *****
well then Traders, Enjoy and let's put some money in Bank....!!!!!
--cheers,
Sanjay Ramanathan
Liquidity and S&R Zones╔══════════════════════════════════════════════════════════════════════╗
║ Description ║
╚══════════════════════════════════════════════════════════════════════╝
This indicator identifies liquidity zones and support/resistance (S&R) levels
using pivot points and volume analysis. Liquidity zones highlight areas of high
trading activity, while S&R levels mark key price levels where price may reverse
or break. Breakouts are confirmed with a volume oscillator and visualized with
shapes. Alerts are provided for significant S&R breakouts.
╔══════════════════════════════════════════════════════════════════════╗
║ User Guide ║
╚══════════════════════════════════════════════════════════════════════╝
#### Overview
This indicator detects liquidity zones and support/resistance (S&R) levels
using pivot points and volume analysis. Liquidity zones highlight areas of
high trading activity, often targeted by institutional traders. S&R levels
indicate key price levels where price may reverse or break, with breakouts
confirmed by a volume oscillator. The indicator is designed for traders
seeking to trade breakouts or reversals at critical levels.
#### Features
- **Liquidity Zones**: Identifies pivot highs/lows with high-volume confirmation.
- **Support/Resistance Levels**: Plots dynamic S&R lines based on pivot points.
- **Breakout Signals**: Displays shapes for price crossing S&R levels with volume confirmation.
- **Volume Oscillator**: Uses short/long EMA difference to confirm breakouts.
- **Alerts**: Notifies users of support/resistance breakouts.
#### Input Parameters
- **Liquidity Settings**:
- *Liquidity Lookback Period*: Bars for average volume (default: 50).
- *Liquidity Volume Threshold Multiplier*: Volume multiplier for liquidity zones (default: 1.5).
- *Liquidity Pivot Lookback*: Bars for pivot detection (default: 5).
- **S&R Settings**:
- *Show Breaks*: Toggle breakout shapes (default: true).
- *Left/Right Bars*: Bars for S&R pivot detection (default: 15).
- *S&R Volume Threshold*: Minimum oscillator value for breakouts (default: 20).
- **Style Settings**: Predefined colors for liquidity and S&R visualization.
#### Usage
1. Apply the indicator to a chart (e.g., 1H, 4H, or D timeframes recommended).
2. Adjust input parameters to suit the instrument and timeframe:
- Increase `liqLookback` for smoother volume averages on lower timeframes.
- Adjust `leftBars` and `rightBars` for more/less sensitive S&R levels.
- Set `srVolumeThresh` based on typical oscillator values (plot `osc` to calibrate).
3. Monitor liquidity zones (red/green/yellow crosses) and S&R lines (red/green).
4. Watch for breakout signals (shapes) when price crosses S&R levels with volume confirmation.
5. Set up alerts for "Support Broken" or "Resistance Broken" to receive notifications.
#### Recommended Settings
- **Timeframes**: 1H, 4H, or D for reliable signals.
- **Instruments**: Assets with good volume (e.g., crypto, forex, indices).
- **Liquidity**: Increase `liqVolumeThreshold` (e.g., 2.0) for stricter zones.
- **S&R**: Use `leftBars = rightBars = 10` for faster markets.
#### Cautions
- Ensure sufficient chart history for pivot and volume calculations.
- High `liqLookback` or `leftBars` may delay signals on lower timeframes.
- Volume oscillator requires accurate volume data; test on reliable instruments.
- Backtest breakout signals, as false breakouts can occur in choppy markets.
#### Customization Ideas
- Add Fibonacci levels to complement S&R zones.
- Integrate with trend indicators (e.g., EMA) to filter breakouts.
- Visualize volume oscillator as a histogram for calibration.
- Extend liquidity zones with boxes to highlight price ranges.
#### Notes
- Combine with other analysis for a complete trading system.
- Test thoroughly in a demo account before live trading.
- Contact the author for support or feature requests.
Happy trading, and may your trades align with the market’s key levels! 🚀
