Money Flow Index Trend Zone Strength [UAlgo]The "Money Flow Index Trend Zone Strength " indicator is designed to analyze and visualize the strength of market trends and OB/OS zones using the Money Flow Index (MFI). The MFI is a momentum indicator that incorporates both price and volume data, providing insights into the buying and selling pressure in the market. This script enhances the traditional MFI by introducing trend and zone strength analysis, helping traders identify potential trend reversals and continuation points.
🔶 Customizable Settings
Amplitude: Defines the range for the MFI Zone Strength calculation.
Wavelength: Period used for the MFI calculation and Stochastic calculations.
Smoothing Factor: Smoothing period for the Stochastic calculations.
Show Zone Strength: Enables/disables visualization of the MFI Zone Strength line.
Show Trend Strength: Enables/disables visualization of the MFI Trend Strength area.
Trend Strength Signal Length: Period used for the final smoothing of the Trend Strength indicator.
Trend Anchor: Selects the anchor point (0 or 50) for the Trend Strength Stochastic calculation.
Trend Transform MA Length: Moving Average length for the Trend Transform calculation.
🔶 Calculations
Zone Strength (Stochastic MFI):
The highest and lowest MFI values over a specified amplitude are used to normalize the MFI value:
MFI Highest: Highest MFI value over the amplitude period.
MFI Lowest: Lowest MFI value over the amplitude period.
MFI Zone Strength: (MFI Value - MFI Lowest) / (MFI Highest - MFI Lowest)
By normalizing and smoothing the MFI values, we aim to highlight the relative strength of different market zones.
Trend Strength:
The smoothed MFI zone strength values are further processed to calculate the trend strength:
EMA of MFI Zone Strength: Exponential Moving Average of the MFI Zone Strength over the wavelength period.
Stochastic of EMA: Stochastic calculation of the EMA values, smoothed with the same smoothing factor.
Purpose: The trend strength calculation provides insights into the underlying market trends. By using EMA and stochastic functions, we can filter out noise and better understand the overall market direction. This helps traders stay aligned with the prevailing trend and make more informed trading decisions.
🔶 Usage
Interpreting Zone Strength: The zone strength plot helps identify overbought and oversold conditions. A higher zone strength indicates potential overbought conditions, while a lower zone strength suggests oversold conditions, can suggest areas for entry/exit decisions.
Interpreting Trend Strength: The trend strength plot visualizes the underlying market trend, can help signal potential trend continuation or reversal based on the chosen anchor point.
Using the Trend Transform: The trend transform plot provides an additional layer of trend analysis, helping traders identify potential trend reversals and continuation points.
Combine the insights from the zone strength and trend strength plots with other technical analysis tools to make informed trading decisions. Look for confluence between different indicators to increase the reliability of your trades.
🔶 Disclaimer:
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Komut dosyalarını "zone" için ara
Balance Zone ExtensionBalance zones are an aspect of trading that many traders notice. Balance Zones are formed when a market is in equilibrium and respects a certain high and low multiple times. These zones could also be called accumulation or distribution areas depending on the price action. If the term "choppy" is used to describe a given markets price action, it is probably a fair statement to say that the market is currently in a Balance Zone.
This script is a take on vwaptrader1's teachings where you take a balance zone and "double it" to get a target if/when it does break out of balance. It provides an automated way of extending levels based on a given balance range.
The lines plotted by the script are calculated based off of the balance high/low inputs, how many sections are desired per zone, and how many boxes to plot based on the other user inputs.
Warning: Due to a current limitation of the Pine, this script is only allowed to plot up to 500 lines total. If you start to notice lines starting to disappear or you begin getting a script error, double check the input settings as the script may have crossed the 500 line threshold.
This can be used in conjunction with Fixed Range Volume Profile . Select the balance range with the Fixed Volume Profile . Note the Value Area High and Value Area Low prices and input those into the balance range High/Low inputs.
Use to create price targets from Balance Zone Breakouts
A recent example of this idea in action on ticker ES1! 2 hour chart where the balance range was found and the target (double the box size of the balance range) was hit.
Another example of this same concept but on a normal security like AAPL but on a 30 minute chart:
Extending the usefulness even further to crypto on BTCUSD with a 5 minute chart:
Use to create reference levels for future price action
The other way to utilize this is to provide future reference levels from a key balance range from the past.
Here is another example utilizing the AMD daily chart . First, a balance zone was noted for all of 2017:
Moving forward to the most recent price action in 2023, notice that the box extension levels are still fairly well respected almost 6 years later!
Open Range Breakout With Take Profit Zones
Open Range Breakout With Take Profit Zones prints the open range and profitable zones based on the high and low during the opening hours.
This indicator can be used to prepare breakout trades following the OPR strategy. The time window for the open range as well as for the market hours can be configured. Also custom alerting templates allow to create alerts when a breakout out of the opening range occurs or when 50% take profit level is reached.
The background of pre and post market hours is coloured according to the configured time windows.
This indicator was written to support scalping and day trading. It does not calculate or display results on hourly, daily or weekly charts.
The open range and trading hours must be adjusted to the market time zone of your instrument. Also please take care that these settings are saved on the layout and not per instrument. Eventually create multiple layouts for instruments with different market time zones.
Demand Supply Indicator With AlertsThe Demand Supply Zone indicator with Alerts helps in identifying the Demand Supply zones on chart by pinpointing them.
The indicator looks for Demand Zone patterns, Drop-Base-Rally or Rally-Base-Rally , when such pattern is identified the indicator marks it on the chart. Likewise, if the indicator identifies Supply Zone patterns, Rally-Base-Drop or Drop-Base-Drop the indicator marks it as Supply Zone. The basing candles are changed to Blue color and the Legout candles are changed to Black color by default.
Using the Demand Supply Zone Indicator with Alerts you can also set Alerts on your favourite scripts and timeframes, to get notification when Demand Supply Zones are formed.
List of all the features is provided below.
1. You can choose which patterns the indicator should identify.
2. Number of candles in basing from 1 to 6.
3. Strength of the legout.
4. Identify follow-through patterns.
5. Hide Single Legout patterns.
6. Strength of the first legout in follow through pattern.
7. Strength of the second legout in the follow through pattern.
8. Customize Basing Color
9. Customize Legout Color
10. Display Pattern Name
11. Display Proximal and Distal Values
12. Color customization for Demand Supply Zone Labels
13. Set Alerts based on Demand Supply Zone formation
To set Alerts follow the steps provided below.
1. Go to the symbol chart and select the timeframe on which you want to set Alerts.
2. Select Alerts Tab and click on Create Alert, shortcut key Alt+A
3. In Condition Select, Demand Supply Indicator With Alerts
4. In Options, select Once Per Bar Close
5. Select expiry as per your preference or keep it open-ended
6. Select Alerts Actions as per your preference
7. Alert name is optional
8. Default message is “Zone Alert” and can be modified
9. Click on Create and in the warning window select Continue Anyway
Once you have active alert, you will keep getting notification whenever a Demand/Supply zone in identified on the symbol and time frame you selected.
Use the link below to obtain access to this indicator.
RSI Based Automatic Supply and DemandA script that draws supply and demand zones based on the RSI indicator. For example if RSI is under 30 a supply zone is drawn on the chart and extended for as long as there isn't a new crossunder 30. Same goes for above 70. The threshold which by default is set to 30, which means 30 is added to 0 and subtracted from 100 to give us the classic 30/70 threshold on RSI, can be set in the indicator settings.
By only plotting the Demand Below Supply Above indicator you get automatic SD level that is updated every time RSI reaches either 30 or 70. If you plot the Resistance Zone / Support Zone you get an indicator that extends the zone instead of overwrite the earlier zone. Due to the zone being extended the chart can get a bit messy if there isn't a clear range going on.
There is also a "confirmation bars" setting where you can tell the script how many bars under over 30 / 70 you want before a zone is drawn.
Here is an image of only using the "Demand Below / Supply Above" plot.
As you can see, this could be useful "Price Flow" indicator, where we would only short if a zone appears below another zone, or long if two zones in a row are going up, like stairs.
Kill Zones UTC [NeoButane]Kill zones are times of day that are supposed to have higher volatility and greater risk/reward trade setups.
This has been adjusted to always plot the corresponding UTC time, including every FX broker and their tickers on TradingView. Daylight savings adjustment has been accounted for the next 3 years on London open, London close, and New York kill zone; it will not be adjusted for the Asian kill zone, as is specified in UTC.
Options to configure: the style and showing/hiding kill zones, labels, the upcoming kill zone. As these times were found for forex trading and 24 hour markets like cryptocurrency, they may appear odd on markets that require extended data or are closed during a kill zone due to how Pine Script is calculated.
The currently available timezones on TradingView that have been corrected to UTC:
"Pacific/Chatham"
"Pacific/Fakaofo"
"Pacific/Auckland"
"Australia/Sydney"
"Australia/Brisbane"
"Australia/Adelaide"
"Australia/ACT"
"Asia/Seoul"
"Asia/Tokyo"
"Asia/Taipei"
"Asia/Singapore"
"Asia/Shanghai"
"Asia/Hong_Kong"
"Asia/Bangkok"
"Asia/Almaty"
"Asia/Kolkata"
"Asia/Ashkhabad"
"Asia/Tehran"
"Asia/Dubai"
"Europe/Moscow"
"Europe/Athens"
"Europe/Berlin"
"Europe/Madrid"
"Europe/Paris"
"Europe/Warsaw"
"Europe/London"
"America/Argentina/Buenos_Aires"
"America/Sao_Paulo"
"America/Chicago"
"America/Bogota"
"America/New_York"
"America/Toronto"
"America/El_Salvador"
"America/Los_Angeles"
"America/Phoenix"
"America/Vancouver"
"Pacific/Honolulu"
Custom EMA Zone1. Overview
The Custom EMA Cloud Indicator is a technical analysis tool designed to visually display a dynamic zone (or cloud) between two user-defined EMAs. It supports different EMA lengths and allows users to calculate these EMAs using custom timeframes. This flexibility makes it a powerful tool for identifying trends, key price zones, and potential trade signals.
2. Components of the Indicator
2.1. Exponential Moving Averages (EMAs)
EMA 1 (Faster EMA): Calculated using a shorter period (e.g., 21).
EMA 2 (Slower EMA): Calculated using a longer period (e.g., 50).
Users can customize the periods for both EMAs.
2.2. Timeframe Customization
Each EMA can be calculated using a higher timeframe than the chart’s timeframe (e.g., calculate EMA 50 on a 1-hour chart while viewing on a 5-minute chart).
This feature allows users to incorporate higher timeframe trend context into lower timeframe charts.
2.3. Cloud Zone
The cloud is the shaded area between EMA 1 and EMA 2.
Color Logic:
Light Green: Price opens and closes above both EMAs (bullish momentum).
Light Red: Price opens and closes below both EMAs (bearish momentum).
3. How to Use the Indicator
3.1. Trend Identification
When the entire price action is above the cloud, it signals a probable uptrend.
When the entire price action is below the cloud, it indicates a probable downtrend.
When the price is inside the cloud, it reflects probable market consolidation or indecision.
4. Use Cases in Trading Styles
4.1. Scalping
Use short EMAs (e.g., EMA 5 and EMA 13) on 1-minute or 3-minute charts.
Ideal for quick entries and exits during strong momentum moves.
4.2. Swing Trading
Use longer EMAs (e.g., EMA 21 and EMA 50) on 4-hour or daily charts.
Helps capture trend continuation over multiple days.
4.3. Trend Following
Combine with RSI or MACD to confirm trend strength before entering trades.
Stay in the trade as long as price respects the cloud direction.
5. Advantages
Visual Clarity: Simplifies decision-making with clearly defined zones.
Multi-Timeframe Insight: Offers a higher timeframe trend reference.
Customizable: Fits various strategies through adjustable EMAs and timeframes.
6. Limitations
Lagging Nature: As with all moving averages, there may be lag during fast reversals.
False Signals in Sideways Markets: May produce whipsaws during consolidation
ADX with Shaded ZoneThe ADX with Shaded Zone indicator is a momentum-based tool that visualizes trend strength using the Average Directional Index (ADX) along with the +DI and -DI lines. This indicator enhances the traditional ADX setup by adding a shaded zone between ADX levels 20 and 25, helping traders easily identify the transition area between non-trending and trending market conditions.
It plots:
+DI (Green): Positive Directional Indicator
−DI (Red): Negative Directional Indicator
ADX (Blue): Measures the strength of the trend
Shaded Zone: Highlights the indecisive range where ADX is below 25 (gray background between levels 20 and 25)
⚙️ How to Use:
✅ Trend Identification:
ADX < 20: Weak or no trend. Avoid trend-following strategies.
ADX 20–25 (Shaded Zone): Transition zone. Potential trend forming — stay cautious.
ADX > 25: Stronger trend. Favor trend-following strategies.
✅ Direction Confirmation:
If +DI > -DI and ADX > 25 → Uptrend confirmation.
If -DI > +DI and ADX > 25 → Downtrend confirmation.
Crossovers between +DI and -DI can be used as early signals.
✅ Shaded Zone Use:
The gray shaded area helps visually filter out low-trend strength conditions.
Useful for trend traders to wait before entering until ADX breaks above 25.
Zigzag Fibonacci Golden Zone [UAlgo]🔶 Description:
The "Zigzag Fibonacci Golden Zone" aims to identify potential trend pullback points by utilizing a combination of zigzag patterns and Fibonacci "Golden Zone (0.618 - 0.786)" retracement levels. It plots zigzag lines on the price chart, highlighting significant swing highs and swing lows, and overlays Fibonacci retracement levels to indicate potential support and resistance zones. Additionally, it provides options to display buy and sell signals based on specific criteria.
🔶 Key Features:
Zigzag Lines: The indicator plots zigzag lines on the price chart, marking significant swing highs and swing lows. These lines help traders visualize the direction and magnitude of price swings.
Fibonacci Retracement Levels: The indicator overlays Fibonacci retracement levels on the chart, indicating potential support and resistance levels. These levels are derived from the Fibonacci sequence and are commonly used by traders to identify reversal points.
Fibonacci occurs again when a new zigzag low or high is created :
Before new zigzag low pivot appears,
After new Zigzag low pivot appears,
As you see new fibonacci created after new pivot found also price bounced from retracement zone.
Customization Options: Traders can customize various parameters of the indicator, such as the length of the zigzag pattern, color preferences for different elements, and visibility of price labels and buy/sell signals.
Buy/Sell Signals: The indicator generates buy and sell signals based on predefined criteria, such as price movements relative to Fibonacci levels and other market conditions. These signals can help traders identify potential entry and exit points in the market.
Example :
Disclaimer :
Please note that trading involves significant risk, and past performance is not indicative of future results. The "Zigzag Fibonacci Golden Zone" indicator is provided for informational purposes only and should not be considered financial advice. Traders should conduct their own research and analysis before making any investment decisions. Additionally, the indicator's performance may vary depending on market conditions and other factors. Users are encouraged to use the indicator as part of a comprehensive trading strategy and to exercise caution when trading in the financial markets.
Z-Score Based Momentum Zones with Advanced Volatility ChannelsThe indicator "Z-Score Based Momentum Zones with Advanced Volatility Channels" combines various technical analysis components, including volatility, price changes, and volume correction, to calculate Z-Scores and determine momentum zones and provide a visual representation of price movements and volatility based on multi timeframe highest high and lowest low values.
Note: THIS IS A IMPROVEMNT OF "Multi Time Frame Composite Bands" INDICATOR OF MINE WITH MORE EMPHASIS ON MOMENTUM ZONES CALULATED BASED ON Z-SCORES
Input Options
look_back_length: This input specifies the look-back period for calculating intraday volatility. correction It is set to a default value of 5.
lookback_period: This input sets the look-back period for calculating relative price change. The default value is 5.
zscore_period: This input determines the look-back period for calculating the Z-Score. The default value is 500.
avgZscore_length: This input defines the length of the momentum block used in calculations, with a default value of 14.
include_vc: This is a boolean input that, if set to true, enables volume correction in the calculations. By default, it is set to false.
1. Volatility Bands (Composite High and Low):
Composite High and Low: These are calculated by combining different moving averages of the high prices (high) and low prices (low). Specifically:
a_high and a_low are calculated as the average of the highest (ta.highest) and lowest (ta.lowest) high and low prices over various look-back periods (5, 8, 13, 21, 34) to capture short and long-term trends.
b_high and b_low are calculated as the simple moving average (SMA) of the high and low prices over different look-back periods (5, 8, 13) to smooth out the trends.
high_c and low_c are obtained by averaging a_high with b_high and a_low with b_low respectively.
IDV Correction Calulation : In this script the Intraday Volatility (IDV) is calculated as the simple moving average (SMA) of the daily high-low price range divided by the closing price. This measures how much the price fluctuates in a given period.
Composite High and Low with Volatility: The final c_high and c_low values are obtained by adjusting high_c and low_c with the calculated intraday volatility (IDV). These values are used to create the "Composite High" and "Composite Low" plots.
Composite High and Low with Volatility Correction: The final c_high and c_low values are obtained by adjusting high_c and low_c with the calculated intraday volatility (IDV). These values are used to create the "Composite High" and "Composite Low" plots.
2. Momentum Blocks Based on Z-Score:
Relative Price Change (RPC):
The Relative Price Change (rpdev) is calculated as the difference between the current high-low-close average (hlc3) and the previous simple moving average (psma_hlc3) of the same quantity. This measures the change in price over time.
Additionally, std_hlc3 is calculated as the standard deviation of the hlc3 values over a specified look-back period. The standard deviation quantifies the dispersion or volatility in the price data.
The rpdev is then divided by the std_hlc3 to normalize the price change by the volatility. This normalization ensures that the price change is expressed in terms of standard deviations, which is a common practice in quantitative analysis.
Essentially, the rpdev represents how many standard deviations the current price is away from the previous moving average.
Volume Correction (VC): If the include_vc input is set to true, volume correction is applied by dividing the trading volume by the previous simple moving average of the volume (psma_volume). This accounts for changes in trading activity.
Volume Corrected Relative Price Change (VCRPD): The vcrpd is calculated by multiplying the rpdev by the volume correction factor (vc). This incorporates both price changes and volume data.
Z-Scores: The Z-scores are calculated by taking the difference between the vcrpd and the mean (mean_vcrpd) and then dividing it by the standard deviation (stddev_vcrpd). Z-scores measure how many standard deviations a value is away from the mean. They help identify whether a value is unusually high or low compared to its historical distribution.
Momentum Blocks: The "Momentum Blocks" are essentially derived from the Z-scores (avgZScore). The script assigns different colors to the "Fill Area" based on predefined Z-score ranges. These colored areas represent different momentum zones:
Positive Z-scores indicate bullish momentum, and different shades of green are used to fill the area.
Negative Z-scores indicate bearish momentum, and different shades of red are used.
Z-scores near zero (between -0.25 and 0.25) suggest neutrality, and a yellow color is used.
Fibonacci Zone Oscillator With MACD HistogramThe columns
After I found a way to calculate a price as a percent of the middle line of the KeltCOG Channel in the KCGmut indicator (published), I got the idea to use the same trick in the Fbonacci Zone Channel (also published), thus creating an oscillator.
I plot the percent’s as columns with the color of the KeltCOG Channel. Because the channels I created and published (i.e. Fibonacci Zone, Donchian Fibonacci Trading Tool, Keltner Fibzones, and KeltCOG) all use Fibonacci zones, this indicator also reports the position of the close in their zones.
Strategy and Use:
Blue column: Close in uptrend area, 4 supports, 0 resistance, ready to rally up.
Green column: Close in buyers area, 3 supports, 1 resistance, looking up.
Gray column: Close in center area 2 supports, 2 resistances, undecided.
Yellow column: Close in sellers area 1 support, 3 resistances, looking down.
Red column: Close in downtrend area, 0 support, 4 resistances, ready to rally down.
I use this indicator in a layout with three timeframes which I use for stock picking, I pick all stocks with a blue column in every timeframe, the indicator is so clear that I can flip through the 50 charts of my universe of high liquid European blue chips in 15 minutes to make a list of these stocks.
Because I use it in conjunction with KeltCOG I also gave it a ‘script sets lookback’ option which can be checked with a feedback label and switched off in the inputs.
The MACD histogram
I admire the MACD because it is spot on when predicting tops and bottoms. It is also the most sexy indictor in TA. Actually just the histogram is needed, so I don’t show the macd-line and the signal line. I use the same lookback for the slow-ma as for the columns, set the fast-ma to half and the signal-line to a third of the general lookback. Therefore I gave the lookback a minimum value of 6, so the signal gets at least a lookback of 2.
The histogram is plotted three times, first as a whitish area to provide a background, then the colums of the Fibzone Oscillator are plotted, then the histogram as a purple line, which contrasts nicely and then as a hardly visible brown histogram.
The input settings give the option to show columns and histogram separate or together.
Strategy and use:
I think about the columns as showing a ‘longer term chosen momentum’ and about the histogram as a ‘short term power momentum’. I use it as additional information.
Enjoy, Eykpunter.
Supply/Demand Zone CandlesThis is a Pine Script to do a basic scan for demand zones and supply zones based on a Leg-Base-Leg-Base pattern.
Yellow candles define a Demand Zone.
Maroon candles define a Supply Zone.
Wick Stop ZonesCount how many wicks bottom out in each price zone. Specify the following inputs.
Lookback: How far back from the latest candle to look for wick intersects.
Zone Size: The price range size for zone. Wicks tips that fall into each zone will be counted.
Minimum Intersects: Specifies how many wick tips must intersect with the zone before the zone is allowed to plot.
Standard deviation zones Support & Resistance [LM]Hi Guy,
I would like to introduce you Standard deviation zones Support & Resistance horizontals. It draws line horizontals on high and low st dev zone. The colors are dynamic depending whether price is below or above the line.
Credit is due to @Zeiierman for st dev zone calculation so shout out to him.
There are various sections in setting:
general setting where you can select source for zone calculation
tops setting
bottom setting
show and hide section of the first timeframe
show and hide section of the second timeframe
Be aware that when new zone starts and is not finished yet than the top will trail the high of unfinished zone that could be also at the high of current candle and next candle it can change
Any suggestions are welcomed
Buy/Sell ZonesEN:
This indicator is made to display main buy/sell zones of an asset. The core parameters are: Price, Volume and Donchian Channels.
It is more trend-based and may be suitable for swing traders or those who trade higher timeframes (1D and above).
The plotted colors display the dominance of buyers, sellers or indecision on the market at the current timeframe.
If the zone is green - consider opening Long/Buy positions.
If the zone is red - consider opening Short/Sell or scale out your position.
The white zone displays indecision between Bulls and Bears - consider not to take any trades within white zone.
RU:
Этот индикатор показывает зоны покупателя/продавца выбранного актива. Основные параметры расчета: Цена, Объем и Каналы Дончиана.
Он является индикатором трендового анализа и больше подходит для свинг-трейдеров или тех, кто торгует на старших таймфреймах (от 1Д).
Отображаемые цвета показывают доминацию продавца, покупателя или неопределенность на рынке в конкретный временной период.
Зеленая зона указывает на преобладание покупателя - возможно открытие длинных позиций/покупок .
Красная зона указывает на преобладание продавца - потенциальный момент для открытия коротких позиций/продаж или сокращения своих длинных позиций/покупок .
Белая зона указывает на неопределенность на рынке - в этой зоне лучше не предпринимать никаких торговых решений .
EN: This indicator may be used for Crypto markets
RU: Этот индикатор можно использовать для криптовалютных рынков
BITSTAMP:BTCUSD
BITSTAMP:ETHUSD
COINBASE:COMPUSD
EN: Stocks, CFD and commodities
RU: Акций, CFD и рынков сырьевых товаров
FOREXCOM:SPXUSD
NASDAQ:TSLA
NYSE:BA
NASDAQ:EBAY
FOREXCOM:XAUUSD
EN: Consider using it with respect to Your trading style, money- and risk-management as well as other indicators
RU: Используйте этот индикатор в соответствии со своим стилем торговли, риск-, мани-менеджментом и другими индикаторами.
Average High Traded Volume (Nodes) - Levels/Zones (Expo)Average High Traded Volume (Nodes) - (Expo) automatically identifies and displays High Traded Volume Nodes.
Levels/Zones are displayed where there has been a significant level of trading activity and when there has been both high supply and demand. These levels can leave clues for future price behavior and act as support/resistance zones.
The indicator can be used standalone or as a part of your current trading strategy.
Real-time
No repainting
Works on any market if volume data is provided
HOW TO USE
1. Use the indicator to identify High Traded Volume Nodes.
2. Use the indicator to identify support/resistance zones.
3. Use the indicator to confirm the existence, or a continuation, of a trend or a trend reversal.
INDICATOR IN ACTION
4-hour chart
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
Supply and Demand ZonesSupply and Demand zones do offer a great insights into the structure of any market. If you have an idea of how to trade with support and resistance zones, you might find supply and demand zones very similar.
1. Focus on a price level (zone)
It’s difficult to analyze the market without a focal point. If you look for turning points at every price level, you will only find confusion.
How do you know which price level to focus on? Which price levels are potential market turning points?
2. Observe what happened (happens) at the potential support/resistance
Signs of strong demand
When the market tests a potential support, look out for:
Bullish price pattern
Inability to clear below the support
Increased volume
Congestion
Signs of strong supply
When the market tests a potential resistance, look out for:
Bearish price pattern
Inability to clear above the resistance
Increased volume
Congestion
Look for these price action signals in the past, as well as in real-time price action. The more signs you see, the more likely you’ve found a true support/resistance zone.
Volatility Zones (STDEV %)This indicator displays the relative volatility of an asset as a percentage, based on the standard deviation of price over a custom length.
🔍 Key features:
• Uses standard deviation (%) to reflect recent price volatility
• Classifies volatility into three zones:
Low volatility (≤2%) — highlighted in blue
Medium volatility (2–4%) — highlighted in orange
High volatility (>4%) — highlighted in red
• Supports visual background shading and colored line output
• Works on any timeframe and asset
📊 This tool is useful for identifying low-risk entry zones, periods of expansion or contraction in price behavior, and dynamic market regime changes.
You can adjust the STDEV length to suit your strategy or timeframe. Best used in combination with your entry logic or trend filters.
Supply/Demand Zones (Synthetic SMA Candles)Supply/Demand Zones (Synthetic SMA Candles)
Created by The_Forex_Steward
This indicator highlights institutional-style supply and demand zones using synthetic SMA-based candles rather than raw price data. It provides a smoother, more refined view of price action to help identify key imbalance areas where price is likely to react.
Features:
- Uses SMA-smoothed synthetic candles to detect bullish and bearish engulfing structures
- Draws demand zones after bullish breakouts and supply zones after bearish breakouts
- Zones are persistent for a customizable number of bars
- Mitigated zones can optionally be removed from the chart
- Includes alerts for breakout and mitigation events
- Optional plotting of synthetic candles over price for visual clarity
How It Works:
When a synthetic candle closes above the high of a previous bearish candle, a bullish engulfing is detected, and a demand zone is created from that bearish candle’s high and low. Conversely, when price closes below the low of a previous bullish candle, a supply zone is formed. These zones stay on the chart for the user-defined duration or until they are mitigated by price, at which point they can be removed automatically.
How to Use:
- Adjust the SMA Length to control how smooth the synthetic candles appear
- Enable or disable Show Supply Zones and Show Demand Zones as needed
- Set the Zone Duration to control how long each zone persists
- Use Delete Mitigated Zones to automatically remove zones when price returns to them
- Optionally enable Show Synthetic SMA Candles to see the candle logic used in detection
- Use the built-in alerts to stay notified of new zone creation or mitigation
Note: This tool is most effective when combined with structure or trend-based strategies for confirmation.
IU Pivot Zones + GMADESCRIPTION:
IU Pivot Zones + GMA is a smart price-action-based indicator that detects meaningful support and resistance zones formed through pivot highs/lows while combining them with dynamic zone generation and Geometric Moving Averages (GMA). This tool is built to help traders visualize institutional breakout/rejection zones with clear, logical mapping and live box management — helping you stay ahead of the move.
The indicator is designed for intraday, swing, and positional traders who want to enhance their trading decisions with visual confluence zones and market structure logic.
USER INPUTS
* Pivot point Lengths: Number of bars used to detect pivot highs/lows
* Zone length: Controls the thickness of the support/resistance zone; higher values create wider zones
* GMA Length: Period for calculating the geometric moving averages based on highs and lows
* Allow Bar/candle Color: Enables or disables special candle coloring when price interacts with the zones
LOGIC OF THE INDICATOR:
* Detects pivot highs and pivot lows using the user-defined length
* Compares consecutive pivot levels to determine if they fall within a valid ATR-based price band to form a zone
* If confirmed, the indicator dynamically plots a resistance or support box between those pivot points, colored respectively (red for resistance, green for support)
* The boxes update in real-time based on price action. If price respects the zone, the box extends forward. If price breaks the zone, the box disappears
* Geometric Moving Averages (GMA) based on logarithmic mean of highs and lows are plotted to offer a trend bias
* Candles that touch the top of the support zone are colored yellow, and those touching the bottom of the resistance zone are orange, enhancing zone reaction visibility
WHY IT IS UNIQUE:
* Uses logarithmic-based GMAs, which are smoother and less reactive than traditional moving averages
* ATR-based zone logic makes it adaptive to volatility instead of using fixed-width zones
* Combines structural levels (pivots), volatility filters (ATR), and trend overlays (GMA) in one unified tool
* Real-time zone extension and disappearance logic based on price interaction
HOW USER CAN BENEFIT FROM IT:
* Spot high-probability breakout or reversal zones that price respects consistently
* Use the GMA cloud for trend confirmation — for example, bullish bias when price is above both GMAs
* Build price action strategies around zone touches, breakouts, or rejections
* Use color-coded candles as real-time alerts for potential entry/exit signals near S/R levels
* Save time by avoiding manual marking of zones on charts across timeframes
DISCLAIMER:
This indicator is created for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. All trading involves risk, and users should conduct their own analysis or consult with a qualified financial advisor before making any trading decisions. The creator is not responsible for any losses incurred through the use of this tool. Use at your own discretion.
S/R Zones (Daily and Weekly) from 1H CandlesS/R Zones (Daily and Weekly) from 1H Candles
🧠 Core Concept: Higher Timeframe Accuracy via Lower Timeframe Data
This indicator delivers high-precision daily and weekly support & resistance (S/R) zones by extracting price-weighted volume data from the 1H timeframe, taking these data into account: approximate POCs, volume spikes, price pivots, etc. Unlike traditional indicators based on current or higher timeframes, this method provides more accurate and responsive levels, ideal for traders focusing on retests, breakouts, and structure-based entries.
⚠ Important: Due to Pine Script limitations, this indicator must be applied on a 1H chart, even though it is intended for daily and weekly trading setups.
🚨 Usage Restrictions
✅ Apply this indicator ONLY on a 1H chart — use the zones for trading decisions on the daily or weekly timeframe.
❌ Do not apply directly on daily or weekly charts — it will not function correctly under current TradingView limitations.
🛠 How to Use It
Input trading hours per day and trading days per week in the indicator settings according to the asset being analysed.
Use the 1H chart for application, but base your trades on the daily or weekly S/R zones it reveals.
Best suited for crypto and tech stocks. May work for commodities and FX, but might require parameter adjustments for optimal performance.
🔍 Support & Resistance Categorisation
Zones are determined by analysing price-weighted volume behaviour on the 1H timeframe, with a 3-day or 3-week confirmation period required before a zone is plotted.
📦 Zone Colors & Labels
• Blue – Daily Support
• Orange – Daily Resistance
• Green – Weekly Support
• Red – Weekly Resistance
• Aqua – 4H Support
• Fuchsia – 4H Resistance
4H Zones are designed to help fine-tune entries/exits when daily or weekly zones are too wide. They are less reliable due to signal strength limitations and should be treated as secondary reference levels. Only the latest 4H zones are shown for clarity.
🔄 Dynamic Features
✅ Automatic Zone Adjustment
When a daily or weekly zone breaks (as detected via the 4H chart), the indicator automatically shifts to the next relevant historical zone just above or below the most recent 1H candle. This reduces guesswork and simplifies post-breakout analysis. You can customise the appearance of adjusted zones in the indicator settings.
✅ Expanded Zone History
Supports up to 100 historical daily and weekly zones, offering a broader view of market structure and context. This setting is adjustable in the indicator menu.
📊 Example in Action
ETH just broke a major weekly support and multiple daily supports — a clearly bearish signal. But where’s the next key level?
The indicator instantly reveals the next major support range (e.g., 1540–1650), helping you decide whether to:
• 📉 Take profits on short positions
• 📈 Re-enter long positions if signs of reversal appear
🧩 Final Thoughts
This tool is more than an S/R indicator — it acts as a signal generator for both long and short trades. It will soon be integrated into a comprehensive trading system, including a risk management module.
📢 Stay tuned for updates – and happy trading! 🚀
ATR Levels and Zones with Signals📌 ATR Levels and Zones with Signals – User Guide Description
🔹 Overview
The ATR Levels and Zones with Signals indicator is a volatility-based trading tool that helps traders identify:
✔ Key support & resistance levels based on ATR (Average True Range)
✔ Buy & Sell signals triggered when price enters key ATR zones
✔ Breakout confirmations to detect high-momentum moves
✔ Dynamic Stop-Loss & Take-Profit suggestions
Unlike traditional ATR bands, this indicator creates layered ATR zones based on multiple ATR multipliers, allowing traders to gauge volatility and risk-adjust their trading strategies.
🔹 How It Works
🔸 The script calculates a baseline SMA (Simple Moving Average) of the price.
🔸 ATR (Average True Range) is then used to create six dynamic price levels above & below the baseline.
🔸 These levels define different risk zones—higher levels indicate increased volatility and potential trend exhaustion.
📈 ATR Zones Explained
🔹 Lower ATR Levels (Buying Opportunities)
📉 Lower Level 1-2 → Mild Oversold Zone (Potential trend continuation)
📉 Lower Level 3-4 → High Volatility Buy Zone (Aggressive traders start scaling in)
📉 Lower Level 5-6 → Extreme Oversold Zone (High-Risk Reversal Area)
🔹 If price enters these lower zones, it may indicate a potential buying opportunity, especially if combined with trend reversal confirmation.
🔹 Upper ATR Levels (Selling / Take Profit Zones)
📈 Upper Level 1-2 → Mild Overbought Zone (Potential pullback area)
📈 Upper Level 3-4 → High Volatility Sell Zone (Aggressive traders start scaling out)
📈 Upper Level 5-6 → Extreme Overbought Zone (High-Risk for Reversal)
🔹 If price enters these upper zones, it may indicate a potential selling opportunity or trend exhaustion, especially if momentum slows.
🔹 Sensitivity Modes
🔹 Aggressive Mode (More Frequent Signals) → Triggers buy/sell signals at Lower/Upper Level 3 & 4
🔹 Conservative Mode (Stronger Confirmation) → Triggers buy/sell signals at Lower/Upper Level 5 & 6
📌 Choose the mode based on your trading style:
✔ Scalpers & short-term traders → Use Aggressive Mode
✔ Swing & trend traders → Use Conservative Mode for stronger confirmations
🚀 How to Use the Indicator
🔹 For Trend Trading:
✅ Buy when price enters the lower ATR zones (especially in uptrends).
✅ Sell when price enters the upper ATR zones (especially in downtrends).
🔹 For Breakout Trading:
✅ Breakout Buy: Price breaks above Upper ATR Level 3 → Momentum entry for trend continuation
✅ Breakout Sell: Price breaks below Lower ATR Level 3 → Momentum short opportunity
🔹 Stop-Loss & Take-Profit Suggestions
🚨 Stop-Loss: Suggested at Lower ATR Level 6 (for longs) or Upper ATR Level 6 (for shorts)
🎯 Take-Profit: Suggested at Upper ATR Level 3 (for longs) or Lower ATR Level 3 (for shorts)
🔹 Why This Indicator is Unique
✔ Multiple ATR layers for better risk-adjusted trading decisions
✔ Combines ATR-based zones with SMA trend confirmation
✔ Both aggressive & conservative trading modes available
✔ Includes automatic stop-loss & take-profit suggestions
✔ Breakout signals for momentum traders
📢 Final Notes
✅ Free & open-source for the TradingView community!
⚠ Risk Warning: Always confirm signals with other confluences (trend, volume, support/resistance) before trading.
📌 Developed by: Maddog Blewitt
📩 Feedback & improvements are welcome! 🚀
Thin Liquidity Zones [PhenLabs]Thin Liquidity Zones with Volume Delta
Our advanced volume analysis tool identifies and visualizes significant liquidity zones using real-time volume delta analysis. This indicator helps traders pinpoint and monitor critical price levels where substantial trading activity occurs, providing precise volume flow measurement through lower timeframe analysis.
The tool works by leveraging the fact that hedge funds, institutions, and other large market participants strategically fill their orders in areas of thin liquidity to minimize slippage and market impact. By detecting these zones, traders gain valuable insights into potential areas of accumulation, distribution, and liquidity traps, allowing for more informed trading decisions.
🔍 Key Features
Real-time volume delta calculation using lower timeframe data
Dynamic zone creation based on volume spikes
Automatic timeframe optimization
Size-filtered zones to avoid noise
Custom delta timeframe scanning
Flexible analysis period selection
📊 Visual Demonstration
💡 How It Works
The indicator continuously scans for high-volume areas where trading activity exceeds the specified threshold (default 6.0x average volume). When detected, it creates zones that display the net volume delta, showing whether buying or selling pressure dominated that price level.
Key zone characteristics:
Size filtering prevents noise from large price swings
Volume delta shows actual buying/selling pressure
Zones automatically expire based on lookback period
Real-time updates as new volume data arrives
⚙️ Settings
Time Settings
Analysis Timeframe: 15M to 1W options
Custom Period: User-defined bar count
Delta Timeframe: Automatic or manual selection
Volume Analysis
Volume Threshold: Minimum spike multiple
Volume MA Length: Averaging period
Maximum Zone Size: Size filter percentage
Display Options
Zone Color: Customizable with transparency
Delta Display: On/Off toggle
Text Position: Left/Center/Right alignment
📌 Tips for Best Results
Adjust volume threshold based on instrument volatility
Monitor zone clusters for potential support/resistance
Consider reducing max zone size in volatile markets
Use in conjunction with price action and other indicators
⚠️ Important Notes
Requires volume data from your data provider
Lower timeframe scanning may impact performance
Maximum 500 zones maintained for optimization
Zone creation is filtered by both volume and size
🔧 Volume Delta Calculation
The indicator uses TradingView’s advanced volume delta calculation, which:
Scans lower timeframe data for precision
Measures actual buying vs selling pressure
Updates in real-time with new data
Provides clear positive/negative flow indication
This tool is ideal for traders focusing on volume analysis and order flow. It helps identify key levels where significant trading activity has occurred and provides insight into the nature of that activity through volume delta analysis.
Note: Performance may vary based on your chart’s timeframe. Adjust settings according to your trading style and the instrument’s characteristics. Past performance is not indicative of future results, DYOR.
