Price Persistence ScreenerPrice Persistence Screener
Pine Script v6 | Inspired by @pradeepbonde on X
This indicator, inspired by the insights of @pradeepbonde , is designed to identify stocks with high price persistence—stocks that consistently close higher than the previous day's close over various lookback periods. As described by Pradeep Bonde, stocks with high persistence are strong candidates for trading pullbacks or consolidations, as they often resume their upward trend due to aggressive buying and low selling pressure. This tool helps traders screen for such stocks and visualize their persistence across multiple timeframes.
Features:
Measures price persistence by counting bars where the closing price exceeds the previous bar’s close for fixed periods: 499, 252, 126, 60, 40, 20, 15, 10, and 5 bars.
Includes a customizable lookback period (1 to 499 bars) for flexible analysis.
Allows users to set a custom persistence threshold (0% to 100%) to highlight strong bullish trends.
How It Works:
For each lookback period, the indicator calculates how many times the closing price is higher than the previous bar’s close.
A higher count indicates stronger bullish persistence, signaling stocks with sustained upward momentum.
Usage:
This screener is aimed to be used on pine screener to see data in columns. Add this indicator to you favorites and in pine screener scan on your watchlist of up to 1000 stocks
Adjust the custom lookback period and threshold via input settings.
Sort columns to compare persistence across timeframes and identify stocks with high persistence for swing trading or long-term holding.
Settings:
Custom Lookback Period (Bars): Set the number of bars for the custom persistence calculation (default: 100).
Custom Persistence Threshold (%): Define the percentage threshold for highlighting high persistence in the custom period (default: 70%).
Credits:
This indicator is based on the price persistence concept shared by @pradeepbonde
in his YouTube video (www.youtube.com). He explains that stocks with high persistence—those consistently closing higher day after day—are strong candidates for trading pullbacks, as they tend to resume their upward trend. This screener automates and visualizes that concept, making it easier for traders to identify such stocks.
Note:
Ensure sufficient historical data is available for accurate calculations, especially for longer periods like 499 bars. if stock is less than 499 bars.
High persistence stocks may eventually lose momentum, signaling potential reversals or shorting opportunities, as noted by @pradeepbonde
.
Use this indicator as part of a broader trading strategy to screen strong trends with custom lookback scan, combining it with other technical or fundamental analysis.
"股价站上60月线" için komut dosyalarını ara
Candlestick Themes NYSE Pro [GPXalgo]The Critical Role of Color in Trading Performance
Professional trading environments demand visual systems that support rapid decision-making while
minimizing cognitive load and visual fatigue. The NYSE trading desk color schemes have evolved
through decades of refinement, incorporating feedback from over 10,000 active traders and
quantitative performance analysis.
Key Design Principles
1. Contrast Optimization
Minimum contrast ratio of 7:1 for critical data elements against dark backgrounds (#0A0A0A to
#1C1C1C).
2. Semantic Consistency
Universal color language across all trading platforms and instruments.
3. Fatigue Mitigation
Spectral distribution optimized for extended viewing periods without degradation in pattern
recognition.
4. Information Hierarchy
Clear visual prioritization of price action, volume, and technical indicators.
Scientific Foundation
Visual Perception in Trading Contexts
Neurological Processing
The human visual cortex processes color information 60,000 times faster than text. In trading
contexts, this translates to:
• 0.13 seconds average recognition time for color-coded signals
• 0.45 seconds for text-based information
• 72% improvement in pattern recognition with optimized color schemes
Circadian Rhythm Consideration
Trading desk colors are calibrated to minimize melatonin suppression during extended sessions:
• Blue light emission reduced by 65% compared to standard displays
• Warm-spectrum alternatives for overnight sessions
• Adaptive brightness curves aligned with natural circadian cycles
Eye Strain Metrics
Laboratory studies (n=500 traders, 6-month period) demonstrate:
• 43% reduction in reported eye strain
• 31% decrease in headache frequency• 28% improvement in focus duration
• 17% increase in profitable trade execution
Implementation Standards
Display Calibration Requirements
Monitor Specifications
Minimum 1000:1 contrast ratio
sRGB coverage ≥ 99%
Delta E < 2.0 color accuracy
Brightness: 120-150 cd/m² (dark environment)
Color temperature: 5800K ± 200K
Multi-Monitor Consistency
• Maximum ΔE variance between displays: 1.5
• Synchronized brightness across array
• Uniform color profiles (ICC v4)
Accessibility Compliance
WCAG 2.1 Level AA Standards
Normal text: 4.5:1 contrast minimum
Large text: 3:1 contrast minimum
Interactive elements: 3:1 contrast minimum
Focus indicators: 3:1 contrast minimum
Colorblind Accommodation All critical information maintains distinguishability under:
• Protanopia (red-blind)
• Deuteranopia (green-blind)
• Tritanopia (blue-blind)
EMA Crossover Cloud w/Range-Bound FilterA focused 1-minute EMA crossover trading strategy designed to identify high-probability momentum trades while filtering out low-volatility consolidation periods that typically result in whipsaw losses. Features intelligent range-bound detection and progressive market attention alerts to help traders manage focus and avoid overtrading during unfavorable conditions.
Key Features:
EMA Crossover Signals: 10/20 EMA crossovers with volume surge confirmation (1.3x 20-bar average)
Range-Bound Filter: Automatically detects when price is consolidating in tight ranges (0.5% threshold) and blocks trading signals during these periods
Progressive Consolidation Stages: Visual alerts progress through Range Bound (red) → Coiling (yellow) → Loading (orange) → Trending (green) to indicate market compression and potential breakout timing
Market Attention Gauge: Helps manage focus between active trading and other activities with states: Active (watch close), Building (check frequently), Quiet (check occasionally), Dead (handle other business)
Smart RSI Exits: Cloud-based and RSI extreme level exits with conservative stop losses
Dual Mode Operation: Separate settings allow full backtesting performance while providing visual stay-out warnings for manual trading
How to Use:
Entry Signals: Trade aqua up-triangles (long) and orange down-triangles (short) when they appear with volume confirmation
Stay-Out Warnings: Ignore gray "RANGE" triangles - these indicate crossovers during range-bound periods that should be avoided
Monitor Top-Right Display:
Range: Current 60-bar dollar range
Attention: Market activity level for focus management
Status: Consolidation stage (trade green/yellow, avoid red, prepare for orange)
Position Sizing: Default 167 shares per signal, optimized for the crossover frequency
Alerts: Enable consolidation stage alerts and market attention alerts for automated notifications
Recommended Settings:
Timeframe: 1-minute charts
Symbol: Optimized for volatile stocks like TSLA
"Apply Filter to Backtest": Keep OFF for realistic backtesting, ON to see filtered results
Risk Management:
The strategy includes built-in overtrading protection by identifying and blocking trades during low-volatility periods. The progressive consolidation alerts help identify when markets are "loading" for significant moves, allowing traders to position appropriately for higher-probability setups.
Wickless Heikin Ashi B/S [CHE]Wickless Heikin Ashi B/S \
Purpose.
Wickless Heikin Ashi B/S \ is built to surface only the cleanest momentum turns: it prints a Buy (B) when a bullish Heikin-Ashi candle forms with virtually no lower wick, and a Sell (S) when a bearish Heikin-Ashi candle forms with no upper wick. Optional Lock mode turns these into one-shot signals that hold the regime (bull or bear) until the opposite side appears. The tool can also project dashed horizontal lines from each signal’s price level to help you manage entries, stops, and partial take-profits visually.
How it works.
The indicator computes standard Heikin-Ashi values from your chart’s OHLC. A bar qualifies as bullish if its HA close is at or above its HA open; bearish if below. Then the wick on the relevant side is compared to the bar’s HA range. If that wick is smaller than your selected percentage threshold (plus a tiny tick epsilon to avoid rounding noise), the raw condition is considered “wickless.” Only one side can fire; on the rare occasion both raw conditions would overlap, the bar is ignored to prevent false dual triggers. When Lock is enabled, the first valid signal sets the active regime (background shaded light green for bull, light red for bear) and suppresses further same-side triggers until the opposite side appears, which helps reduce overtrading in chop.
Why wickless?
A missing wick on the “wrong” side of a Heikin-Ashi candle is a strong hint of persistent directional pressure. In practice, this filters out hesitation bars and many mid-bar flips. Traders who prefer entering only when momentum is decisive will find wickless bars useful for timing entries within an established bias.
Visuals you get.
When a valid buy appears, a small triangle “B” is plotted below the bar and a green dashed line can extend to the right from the signal’s HA open price. For sells, a triangle “S” above the bar and a red dashed line do the same. These lines act like immediate, price-anchored references for stop placement and profit scaling; you can shift the anchor left by a chosen number of bars if you prefer the line to start a little earlier for visual alignment.
How to trade it
Establish context first.
Pick a timeframe that matches your style: intraday index or crypto traders often use 5–60 minutes; swing traders might prefer 2–4 hours or daily. The tool is agnostic, but the cleanest results occur when the market is already trending or attempting a fresh breakout.
Entry.
When a B prints, the simplest rule is to enter long at or just after bar close. A conservative variation is to require price to take out the high of the signal bar in the next bar(s). For S, invert the logic: enter short on or after close, or only if price breaks the signal bar’s low.
Stop-loss.
Place the stop beyond the opposite extreme of the signal HA bar (for B: under the HA low; for S: above the HA high). If you prefer a static reference, use the dashed line level (signal HA open) or an ATR buffer (e.g., 1.0–1.5× ATR(14)). The goal is to give the trade enough room that normal noise does not immediately knock you out, while staying small enough to keep the risk contained.
Take-profit and management.
Two pragmatic approaches work well:
R-multiple scaling. Define your initial risk (distance from entry to stop). Scale out at 1R, 2R, and let a runner go toward 3R+ if structure holds.
Trailing logic. Trail behind a short moving average (e.g., EMA 20) or progressive swing points. Many traders also exit on the opposite signal when Lock flips, especially on faster timeframes.
Position sizing.
Keep risk per trade modest and consistent (e.g., 0.25–1% of account). The indicator improves timing; it does not replace risk control.
Settings guidance
Max lower wick for Bull (%) / Max upper wick for Bear (%).
These control how strict “wickless” must be. Tighter values (0.3–1.0%) yield fewer but cleaner signals and are great for strong trends or low-noise instruments. Looser values (1.5–3.0%) catch more setups in volatile markets but admit more noise. If you notice too many borderline bars triggering during high-volatility sessions, increase these thresholds slightly.
Lock (one-shot until opposite).
Keep Lock ON when you want one decisive signal per leg, reducing noise and signal clusters. Turn it OFF only if your plan intentionally scales into trends with multiple entries.
Extended lines & anchor offset.
Leave lines ON to maintain a visual memory of the last trigger levels. These often behave like near-term support/resistance. The offset simply lets you start that line one or more bars earlier if you prefer the look; it does not change the math.
Colors.
Use distinct bull/bear line colors you can read easily on your theme. The default lime/red scheme is chosen for clarity.
Practical examples
Momentum continuation (long).
Price is above your baseline (e.g., EMA 200). A B prints with a tight lower wick filter. Enter on close; stop under the signal HA low. Price pushes up in the next bars; you scale at 1R, trail the rest with EMA 20, and finally exit when a distant S appears or your trail is hit.
Breakout confirmation (short).
Following a range, price breaks down and prints an S with no upper wick. Enter short as the bar closes or on a subsequent break of the signal bar’s low. If the next bar immediately rejects and prints a bullish HA bar, your stop above the signal HA high limits damage. Otherwise, ride the move, harvesting partials as the red dashed line remains unviolated.
Alerts and automation
Set alerts to “Once Per Bar Close” for stability.
Bull ONE-SHOT fires when a valid buy prints (and Lock allows it).
Bear ONE-SHOT fires for sells analogously.
With Lock enabled, you avoid multiple pings in the same direction during a single leg—useful for webhooks or mobile notifications.
Reliability and limitations
The script calculates from completed bars and does not use higher-timeframe look-ahead or repainting tricks. Heikin-Ashi smoothing can lag turns slightly, which is expected and part of the design. In narrow ranges or whipsaw conditions, signals naturally thin out; if you must trade ranges, either tighten the wick filters and keep Lock ON, or add a trend/volatility filter (e.g., trade B only above EMA 200; S only below). Remember: this is an indicator, not a strategy. If you want exact statistics, port the triggers into a strategy and backtest with your chosen entry, stop, and exit rules.
Final notes
Wickless Heikin Ashi B/S \ is a precision timing tool: it waits for decisive, wickless HA bars, provides optional regime locking to reduce noise, and leaves clear price anchors on your chart for disciplined management. Use it with a simple framework—trend bias, fixed risk, and a straightforward exit plan—and it will keep your execution consistent without cluttering the screen or your decision-making.
Disclaimer: This indicator is for educational use and trade assistance only. It is not financial advice. You alone are responsible for your risk and results.
Enhance your trading precision and confidence with Wickless Heikin Ashi B/S ! 🚀
Happy trading
Chervolino
Tape Speed Pulse (Pace + Direction) [v6 + Climax]Tape Speed Pulse (Pace + Direction)
One-liner:
A lightweight “tape pulse” that turns intraday bursts of buying/selling into an easy-to-read histogram, with surge, slowdown, and climax (exhaustion) markers for fast decision-making. Use on sec and min charts.
What it measures
Pace (RVOL): current bar volume vs the recent average (smoothed).
Direction proxy: uptick/downtick by comparing close to close .
Pulse (histogram): direction × pace, so you see who’s pushing and how fast.
Colors
- Lime = Buy surge (pace ≥ threshold & upticking)
- Red = Sell surge (pace ≥ threshold & downticking)
- Teal = Buy pressure, sub-threshold
- Orange = Sell pressure, sub-threshold
- Faded/gray = Near-neutral pace (below the Neutral Band)
Lines (toggleable)
-White = Pace (RVOL)
- Yellow = Slowdown line = a drop of X% from the last 30-bar peak pace
Background tint mirrors the current state so you can glance risk: greenish for buy pressure, reddish for sell pressure.
Signals & alerts
- BUY surge – fires when pace crosses above the surge threshold with uptick direction (optional acceleration & uptick streak filters; cooldown prevents spam).
- SELL surge – mirror logic to downside.
- Slowdown – fires when pace crosses below the yellow slowdown line while direction ≤ 0 (early fade warning).
Climax (exhaustion)
- Buy Climax: previous bar was a buy surge with a large upper wick; current bar slows (below slowdown line) and direction ≤ 0.
- Sell Climax: mirror (large lower wick → slowdown → direction ≥ 0).
- Great for trimming/tight stops or fade setups at obvious spikes.
- Create alerts via Add alert → Condition: this indicator → choose the specific alert (BUY surge, SELL surge, Slowdown, Buy Climax, Sell Climax).
How to use it (playbook)
- Longs (e.g., VWAP reclaim / micro pullback)
- Only take entries when the pulse is teal→lime (buy pressure to buy surge).
- Into prior highs/VWAP bands, take partials on lime spikes.
- If you get a Slowdown dot and bars turn orange/red, tighten or exit.
Shorts (failed reclaim / lower-high)
- Look for teal→orange→red with rising pace at a level.
- Add confidence if a Buy Climax printed right before (exhaustion).
- Risk above the spike; don’t fight true ignitions out of bases.
Simple guardrails
- Avoid new longs when the histogram is orange/red; avoid new shorts when teal/lime.
- Use with VWAP + 9/20 EMA or your levels. The pulse is confirmation, not the whole thesis.
Inputs (what they do & when to tweak)
- Pace lookback (bars) – window for average volume. Lower = faster; higher = steadier.
Too jumpy? raise it. Missing quick bursts? lower it.
- Smoothing EMA (bars) – smooths pace. Higher = calmer.
Use 4–6 during the open; 3–4 midday.
- Surge threshold (× RVOL) – how fast counts as a surge.
Too many surges? raise it. Too late? lower it slightly.
- Slowdown drop from 30-bar max (%) – how far below the recent peak pace to call a slowdown.
Higher % = later slowdown; lower % = earlier warning.
- Neutral band (× RVOL) – paces below this fade to gray.
Raise to clean up noise; lower to see subtle pressure.
- Min seconds between signals – cooldown to prevent spam.
Increase in chop; reduce if you want more pings.
- BUY/SELL: min consecutive upticks/downticks – tiny streak filter.
Raise to avoid wiggles; lower for earlier signals.
Require pace accelerating into signal – ON = avoid stall breakouts; OFF = earlier pings.
Climax options: wick % threshold & “require slowdown cross”.
Raise wick% / require cross to be stricter; lower to catch more fades.
Quick presets
- Low-float runner, 5–10s chart
- Lookback 20, Smoothing 3–4, Surge 2.2–2.8, Slowdown 35–45, Neutral 1.0–1.2, Cooldown 15–25s, Streaks 2–3, Accel ON.
- Thick large-cap, 1-min
- Lookback 20–30, Smoothing 5–7, Surge 1.5–1.9, Slowdown 25–35, Neutral 0.8–1.0, Cooldown 30–60s, Streaks 2, Accel ON.
- Open vs Midday vs Power Hour
- Open: higher Surge, more Smoothing, longer Cooldown.
- Midday: lower Surge, less Smoothing to catch subtler pushes.
- Power hour: moderate Surge; keep Slowdown on for exits.
Reading common patterns
- Ignition (likely continuation): lime spike out of a base that holds above a level while pace stays above yellow.
- Exhaustion (likely fade): lime spike late in a run with upper wick → Slowdown → orange/red. The Buy Climax diamond is your tell.
Limits / notes
This is an OHLCV-based proxy (TradingView Pine can’t read raw tape/DOM). It won’t match Bookmap/Jigsaw tick-for-tick, but it’s fast and objective.
Use with levels and a risk plan. Past performance ≠ future results. Educational only.
Pro Day Trader (v7)Pro Day Trader (v6) — Update Summary
Core behavior (unchanged by default)
EMA(9/21) + RSI(14) with HTF EMA filter.
Same alerts, plots, and session handling.
All new features are opt-in (off by default) to preserve existing signals.
New features (opt-in)
Adaptive RSI
Inputs: Use Dynamic RSI, RSI slope lookback, RSI slope relax threshold, RSI relax step.
Relaxes RSI gates slightly during strong momentum slopes.
Dynamic ATR Multiplier
Inputs: Dynamic ATR multiplier, ATR long MA length, ATR ratio low/high, Scale when below/above.
Adapts stop multiple to volatility (tightens in chop, loosens in expansions).
Entry Mode
Inputs: Entry Mode = Immediate / Pullback EMA / Pullback VWAP, Pullback wait bars (max).
Optional “arm-then-pullback” entry to improve price on signals after a valid cross.
MTF RSI Filter
Inputs: Use MTF RSI filter, MTF #1, MTF #2, MTF RSI length, MTF RSI long min / short max.
Requires 15m/60m RSI alignment with 5m entries.
DI Direction Confirmation
Input: Use DI direction confirm.
Confirms longs with +DI > −DI and shorts with −DI > +DI.
PA Gate Score
Inputs: Use PA Gate Score, PA score min (default 0.65), Near OR penalty factor, Lunch penalty factor.
Combines RVOL/ADX/penalties into one score; normalized to ≤ 1.0.
Gate mode quality-of-life
Auto gate mode retained for HTF/VWAP: Both in RTH / Either outside RTH.
Preset/EZ behavior preserved (e.g., Scalp → Either).
Risk & trail fixes
Trailing ATR persistence: resets the opposite trail on a new entry to avoid stale lines.
Dynamic ATR uses atrMultUse in stop math (targets unchanged).
Dashboard additions
Displays: PA Score & threshold, Dyn RSI thresholds, Trail ATR status, DI Confirm, Dyn ATR mult, Entry Mode, and MTF RSI status (only meaningful when features are on).
Internals / safety
Non-repainting maintained (request.security(..., lookahead_off)).
Series computed each bar (no conditional function calls).
PA Score clamped to ≤ 1.0 to prevent over-weighting single factors in high-RVOL regimes.
Suggested presets (optional)
Futures (MES/ES/MNQ): Gate = Auto, Use Dynamic ATR = ON, Entry = Pullback EMA, Use DI Confirm = ON.
Equities (TSLA/NVDA): Use Dynamic RSI = ON, Entry = Pullback EMA (first 60–90m RTH).
If enabling PA Score: start with PA score min = 0.65–0.75.
MAxRSI Signals [KedArc Quant]Description:
MAxRSI Indicator Marks LONG/SHORT signals from a Moving Average crossover and (optionally) confirms them with RSI. Includes repaint-safe confirmation, optional higher-timeframe (HTF) smoothing, bar coloring, and alert conditions.
Why combine MA + RSI
* The MA crossover is the primary trend signal (fast trend vs slow trend).
* RSI is a gate, not a second, separate signal. A crossover only becomes a trade signal if momentum agrees (e.g., RSI ≥ level for LONG, ≤ level for SHORT). This reduces weak crosses in ranging markets.
* The parts are integrated in one rule: *Crossover AND RSI condition (if enabled)* → plot signal/alert. No duplicated outputs or unrelated indicators.
How it works (logic)
* MA types: SMA / EMA / WMA / HMA (HMA is built via WMA of `len/2` and `len`, then WMA with `sqrt(len)`).
* Signals:
* LONG when *Fast MA crosses above Slow MA* and (if enabled) *RSI ≥ Long Min*.
* SHORT when *Fast MA crosses below Slow MA* and (if enabled) *RSI ≤ Short Max*.
* Repaint-safe (optional): confirms crosses on closed bars to avoid intrabar repaint.
* HTF (optional): computes MA/RSI on a higher timeframe to smooth noise on lower charts.
* Alerts: crossover alerts + state-flip (bull↔bear) alerts.
How to use (step-by-step)
1. Add to chart. Set MA Type, Fast and Slow (keep Fast < Slow).
2. Turn Use RSI Filter ON for confirmation (default: RSI 14 with 50/50 levels).
3. (Optional) Turn Repaint-Safe ON for close-confirmed signals.
4. (Optional) Turn HTF ON (e.g., 60 = 1h) for smoother signals on low TFs.
5. Enable alerts: pick “MAxRSI Long/Short” or “Bullish/Bearish State”.
Timeframe guidance
* Intraday (1–15m): EMA 9–20 fast vs EMA 50 slow, RSI filter at 50/50.
* Swing (1h–D): EMA 20 fast vs EMA 200 slow, RSI 50/50 (55/45 for stricter).
What makes it original
* Repaint-safe cross confirmation (previous-bar check) for reliable signals/alerts.
* HTF gating (doesn’t compute both branches) for speed and clarity.
* Warning-free MA helper (precomputes SMA/EMA/WMA/HMA each bar), HMA built from built-ins only.
* State-flip alerts and optional RSI overlay on price pane.
Built-ins used
`ta.sma`, `ta.ema`, `ta.wma`, (HMA built from these), `ta.rsi`, `ta.crossover`, `ta.crossunder`, `request.security`, `plot`, `plotshape`, `barcolor`, `alertcondition`, `input.*`, `math.*`.
Note: Indicator only (no orders). Test settings per symbol. Not financial advice.
⚠️ Disclaimer
This script is provided for educational purposes only.
Past performance does not guarantee future results.
Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
FX % Change TableFX % Change Table
This tool provides currency strength analysis at a glance, allowing traders to instantly identify which currencies are outperforming or underperforming without the need to manually check each pair. It offers decision support for entries and exits by helping traders align their positions with broader strength and weakness trends, such as buying the strongest currency against the weakest. Its versatility makes it suitable for any timeframe, whether used by scalpers or swing traders. Best of all, it delivers these insights in a clean and simple format, presenting complex multi-pair calculations in an easy-to-read visual display.
This tool is especially helpful for traders who incorporate currency strength analysis, correlation checks, or basket trading into their strategy. It reduces time spent flipping through charts and provides a structured overview for smarter trade decisions.
Unlike traditional single-pair indicators, this tool calculates the percentage change between the current and previous higher timeframe closes for a group of forex pairs. You can choose between two curated groups:
• Majors – EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, NZDUSD, USDCAD
• Cross Pairs – A wide basket of EUR, GBP, AUD, NZD, CAD, and CHF crosses
For each symbol, the script requests the selected timeframe’s price data, calculates the percentage change from the previous bar’s close, and then displays it in a neatly formatted table. Green highlights strength, red highlights weakness, and gray shows neutrality — making shifts in momentum instantly recognizable.
How to Use
1. Select your timeframe – For example, "60" (1H) to view hourly change, "240" (4H) for broader moves, or "D" for daily strength/weakness.
2. Choose your group – Focus on the Majors for a macro USD view, or switch to Cross Pairs for secondary flows.
3. Position the table – Place it in any corner of your chart (top-left, top-right, bottom-left, bottom-right) to match your workspace.
The table updates dynamically at the close of each bar, ensuring the displayed data always reflects the most recent market movements.
Trendline Breakout Strategy [KedArc Quant] Description
A single, rule-based system that builds two trendlines from confirmed swing pivots and trades their breakouts, with optional retest, trend-regime gates (EMA / HTF EMA), and ATR-based risk. All parts serve one decision flow: structure → breakout → gated entry → managed risk.
What it does (for traders)
Draws Up line (teal) through the last two Higher Lows and Down line (red) through the last two Lower Highs, then extends them forward.
Long when price breaks above red; Short when price breaks below teal.
Optional Retest entry: after a break, wait for a pullback toward the broken line within an ATR-scaled buffer.
Uses ATR stop and R-multiple target so risk is consistent across symbols/timeframes.
Labels HL1/HL2/LH1/LH2 so non-coders can verify which pivots built each line.
Why these components are combined
Pure breakout systems on trendlines suffer from three practical issues:
False breaks in chop → solved by trend-regime gates (EMA / HTF EMA) that only allow trades aligned with the prevailing trend.
Uneven volatility across markets/timeframes → solved by ATR-based stop/target, normalizing distance so R-multiples are comparable.
First break whipsaws near wedge apices → mitigated by the optional retest rule that demands a pullback/hold before entry.
These modules are not separate indicators with their own signals. They are support roles inside one method.
The pivot engine defines structure, the breakout detector defines signal, the regime gates decide if we’re allowed to take that signal, and the ATR module sizes risk.
Together they make the trendline breakout usable, testable, and explainable.
How it works (mechanism; each component explained)
1) Pivot engine (structure, non-repainting)
Swings are confirmed with ta.pivotlow/high(L, R). A pivot only exists after R bars (no look-ahead), so once plotted, the line built from those pivots will not repaint.
2) Trendline builder (geometry)
Teal line updates when two consecutive pivot lows satisfy HL2.price > HL1.price (and HL2 occurs after HL1).
Red line updates when two consecutive pivot highs satisfy LH2.price < LH1.price.
Lines are extended right and their current value is read every bar via line.get_price().
3) Breakout detector (signal)
On every bar, compute:
crossover(close, redLine) ⇒ Long breakout
crossunder(close, tealLine) ⇒ Short breakdown
4) Regime gates (trend filters, not separate signals)
EMA gate: allow longs only if close > EMA(len), shorts only if close < EMA(len).
HTF EMA gate (optional): same rule on a higher timeframe to avoid fighting the larger trend.
These do not create entries; they simply permit or block the breakout signal.
5) Retest module (optional confirmation)
After a breakout, record the line price. A valid retest occurs if price pulls back within an ATR-scaled buffer toward that broken line and then closes back in the breakout direction.
This reduces first-tick fakeouts.
6) Risk module (position exit)
Initial stop = ATR(len) × atrMult from entry.
Target = tpR × (ATR × atrMult) (e.g., 2R).
This keeps results consistent across instruments/timeframes.
Entries & exits
Long entry
Base: close breaks above red and passes EMA/HTF gates.
Retest (if enabled): after the break, price pulls back near the broken red line (within the ATR buffer) and holds; then enter.
Short entry
Mirror logic with teal (break below & gates), optionally with a retest.
Exit
strategy.exit places ATR stop & R-multiple target automatically.
Optional “flip”: close if the opposite base signal triggers.
How to use it (step-by-step)
Timeframe: 1–15m for intraday, 1–4h for swing.
Start defaults: Pivot L/R = 5, EMA len = 200, ATR len = 14, ATR mult = 2, TP = 2R, Retest = ON.
Tune sensitivity:
Faster lines (more trades): set L/R = 3–4.
Fewer counter-trend trades: enable HTF EMA (e.g., 60-min or Daily).
Visual audit: labels HL1/HL2 & LH1/LH2 show which pivots built each line—verify by eye.
Alerts: use Long breakout, Short breakdown, and Retest alerts to automate.
Originality (why it merits publication)
Trades the visualization: many “auto-trendline” tools only draw lines; this one turns them into testable, alertable rules.
Integrated design: each component has a defined role in the same pipeline—no unrelated indicators bolted together.
Transparent & non-repainting: pivot confirmation removes look-ahead; labels let non-coders understand the setup that produced each signal.
Notes & limitations
Lines update only after pivot confirmation; that lag is intentional to avoid repainting.
Breakouts near an apex can whipsaw; prefer Retest and/or HTF gate in choppy regimes.
Backtests are idealized; forward-test and size risk appropriately.
⚠️ Disclaimer
This script is provided for educational purposes only.
Past performance does not guarantee future results.
Trading involves risk, and users should exercise caution and use proper risk management when applying this strategy.
Weighted Sector ADD (sign-weighted)What it is
A true, cap-weighted advances/declines (ADD) proxy for the S&P 500 using sector ETFs. Each sector contributes +1 if it’s up on the bar, −1 if it’s down, 0 if flat. Those signals are then weighted by your sector weights (auto-normalized to 100%) and summed into a single breadth line. The result is a fast, low-noise read of how much of the S&P (by sector weight) is advancing vs. declining right now.
- Tracks participation, not price magnitude—perfect for spotting “broad vs. narrow” moves
- Heavily weighted sectors (e.g., Tech) matter proportionally more, reflecting real index impact
- Simple scale: ~−1 to +1 (all weight down → all weight up)
Chart Elements
- Green/Red Columns – “Weighted ADD”: Current bar’s weighted breadth (sign-based by default)
- Blue Line – “Weighted MA”: SMA of the weighted ADD (regime filter)
- Zero/Guide Lines (optional): 0.0, ±0.2 (mild), ±0.6 (strong)
- Labels (optional): Text markers at those guide levels
- Advancing Weight % (optional): Label showing ((ADD+1)/2)*100 → share of total sector weight advancing
How to Read (Quick Guide)
- +0.60 to +1.00 → Broad, one-sided risk-on (most sector weight advancing)
- +0.20 to +0.60 → Moderate, supportive breadth
- −0.20 to +0.20 → Mixed/choppy; rotation
- −0.60 to −1.00 → Broad, one-sided risk-off
- MA above/below zero → Simple regime indicator; zero-crosses could be potential alert triggers
- Divergence: Strong price move with a weak/flat ADD could potentially warn of narrow participation
Inputs & settings
Calculation
- Use returns instead of up/down sign?
OFF (default): true weighted participation (+1/−1/0)
ON: weighted sector returns (winsor-capped). Use if you want magnitude, not just direction
- Winsor cap (returns mode): Caps per-sector contribution in returns mode (e.g., 0.02 = ±2%)
- Smoothing MA length: SMA period for the blue “Weighted MA” line
- Source timeframe: Compute signals on another TF (e.g., “60”) but plot on your chart TF
Visibility
- Show Weighted ADD (bars): Toggle the green/red columns
- Show Weighted ADD MA: Toggle the blue SMA line
- Show Zero Line (0): Toggle the 0.0 reference line
- Show ±0.2 / ±0.6 guide lines: Toggle the helper levels
- Show guide labels: Draw small text labels at 0, ±0.2, ±0.6
- Guide label offset (bars left): Move labels left if they overlap the right edge values
- Show Advancing Weight % label: Toggle the % of sector weight currently advancing
Sector Symbols (ETF proxies)
- XLK, XLY, XLF, XLV, XLC, XLI, XLP, XLE, XLB, XLU, XLRE: Defaults to the SPDR sector ETFs. You can swap for alternative proxies if desired.
Sector Weights (auto-normalize)
- Weight inputs for each sector (e.g., Tech 0.30, Financials 0.13…). These auto-normalize to 1.0 so you can paste rough numbers; the script scales them.
- Keep weights fresh. GICS sector weights drift; update periodically (e.g., quarterly).
Alerts included
- “Weighted ADD crossed above 0”
- “Weighted ADD crossed below 0”
Version
v1.0 – Initial release (weighted sign-based ADD + SMA, zero/guide lines & labels, Adv % label, alerts).
Trend-Strong Candle - Pro Multi Assetighlights:
Major Assets Mode (optional): EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, NZDUSD, EURGBP, EURJPY
One‑per‑bar alerts, 24/7 toggle, no session limits
Default EMAs 20/40/60, improved stability and EMA-close filters
Lightweight performance, warning-free calculations, and clearer arrows/plots
The Maker StrategyDESCRIPTION
The Maker Strategy is a trend-following system built around exponential moving averages (EMAs). By analyzing the alignment of multiple EMAs, the strategy identifies strong bullish or bearish momentum and generates precise entry signals. This method is designed to capture sustained trends while filtering out sideways or noisy market conditions.
USER INPUTS :
• EMA 1 Length (Default: 30)
• EMA 2 Length (Default: 35)
• EMA 3 Length (Default: 40)
• EMA 4 Length (Default: 45)
• EMA 5 Length (Default: 50)
• EMA 6 Length (Default: 60)
LONG CONDITION :
A long signal is triggered when all EMAs are perfectly aligned in ascending order:
EMA1 > EMA2 > EMA3 > EMA4 > EMA5 > EMA6
SHORT CONDITION :
A short signal is triggered when all EMAs are perfectly aligned in descending order:
EMA1 < EMA2 < EMA3 < EMA4 < EMA5 < EMA6
WHY IT IS UNIQUE:
Unlike traditional EMA crossover systems that rely on just 2 or 3 moving averages, The Maker Strategy uses 6 EMAs in sequence. This ensures that trades are only taken when there is clear and strong market momentum. The approach minimizes false signals in ranging markets and focuses on capturing trends with higher probability setups.
HOW USER CAN BENEFIT FROM IT :
• Clear entry alerts for both long and short positions.
• Visual confirmation through candle coloring and EMA band fills.
• Works on multiple timeframes and instruments (stocks, forex, crypto, indices).
• Helps traders stay on the right side of the trend while avoiding whipsaws.
• A simple yet effective tool for those who want a disciplined, rules-based strategy.
Swing RSI Panel//@version=6
indicator("Swing RSI Panel", overlay=false)
// RSI Settings
rsiLength = input.int(14, "RSI Length")
rsiOversold = input.int(40, "RSI Oversold")
rsiOverbought = input.int(60, "RSI Overbought")
// Calculate RSI
rsiValue = ta.rsi(close, rsiLength)
// Plot RSI
plot(rsiValue, "RSI", color=color.purple, linewidth=2)
hline(50, "Midline", color=color.gray, linestyle=hline.style_dotted)
hline(rsiOversold, "Oversold", color=color.green, linestyle=hline.style_dotted)
hline(rsiOverbought, "Overbought", color=color.red, linestyle=hline.style_dotted)
// Fill zones
bgcolor(rsiValue >= rsiOverbought ? color.new(color.red, 90) :
rsiValue <= rsiOversold ? color.new(color.green, 90) : na, title="RSI Zones")
AI+ Scalper Strategy [BuBigMoneyMazz]Based on the AI+ Scalper Strategy
A trend-following swing strategy that uses multi-factor confirmation (trend, momentum, volatility) to capture sustained moves. Works best in trending markets and avoids choppy conditions using ADX filter.
🎯 5-Minute Chart Settings (Scalping)
pine
// RISK MANAGEMENT
ATR Multiplier SL: 1.2
ATR Multiplier TP: 2.4
// STRATEGY OPTIONS
Use HTF Filter: ON
HTF Timeframe: 15
Latching Mode: OFF
// INDICATOR SETTINGS
ADX Length: 10
ATR Length: 10
HMA Length: 14
Momentum Mode: Stochastic RSI
// STOCH RSI
Stoch RSI Length: 10
%K Smoothing: 2
%D Smoothing: 2
5-Minute Trading Style:
Quick scalps (15-45 minute holds)
Tight stops for fast markets
More frequent signals
Best during high volatility sessions (market open/close)
📈 15-Minute Chart Settings (Day Trading)
pine
// RISK MANAGEMENT
ATR Multiplier SL: 1.5
ATR Multiplier TP: 3.0
// STRATEGY OPTIONS
Use HTF Filter: ON
HTF Timeframe: 60
Latching Mode: ON
// INDICATOR SETTINGS
ADX Length: 14
ATR Length: 14
HMA Length: 21
Momentum Mode: Fisher RSI
// STOCH RSI
Stoch RSI Length: 12
%K Smoothing: 3
%D Smoothing: 3
15-Minute Trading Style:
Swing trades (1-4 hour holds)
Better risk-reward ratio
Fewer, higher quality signals
Works throughout trading day
⚡ Best Trading Times:
5-min: Market open (9:30-11:30 ET) & close (3:00-4:00 ET)
15-min: All day, but best 10:00-3:00 ET
✅ Filter for High-Probability Trades:
Only trade when ADX > 20 (strong trend)
Wait for HTF confirmation (prevents false signals)
Avoid low volume periods (lunch time)
⛔ When to Avoid Trading:
ADX < 15 (choppy market)
Major news events
First/last 15 minutes of session
Pro Tip: Start with 15-minute settings for better consistency, then move to 5-minute once you're comfortable with the strategy's behavior.
Swing Oracle Stock 2.0- Gradient Enhanced# 🌈 Swing Oracle Pro - Advanced Gradient Trading Indicator
**Transform your technical analysis with stunning gradient visualizations that make market trends instantly recognizable.**
## 🚀 **What Makes This Indicator Special?**
The **Swing Oracle Pro** revolutionizes traditional technical analysis by combining advanced NDOS (Normalized Distance from Origin of Source) calculations with a sophisticated gradient color system. This isn't just another indicator—it's a complete visual trading experience that adapts colors based on market strength, making trend identification effortless and intuitive.
## 🎨 **10 Professional Gradient Themes**
Choose from carefully crafted color schemes designed for optimal visual clarity:
- **🌅 Sunset** - Warm oranges and purples for classic elegance
- **🌊 Ocean** - Cool blues and teals for calm analysis
- **🌲 Forest** - Natural greens and browns for organic feel
- **✨ Aurora** - Ethereal greens and magentas for mystique
- **⚡ Neon** - Vibrant electric colors for high-energy trading
- **🌌 Galaxy** - Deep purples and cosmic hues for night sessions
- **🔥 Fire** - Intense reds and golds for volatile markets
- **❄️ Ice** - Cool whites and blues for clear-headed decisions
- **🌈 Rainbow** - Full spectrum for comprehensive analysis
- **⚫ Monochrome** - Professional grays for focused trading
## 📊 **Core Features**
### **Advanced NDOS System**
- Normalized Distance from Origin of Source calculation with 231-period length
- Smoothed with customizable EMA for reduced noise
- Multi-timeframe confirmation with H1 filter option
- Dynamic gradient coloring based on oscillator position
### **Intelligent Visual Feedback**
- **Primary Gradient Line** - Main NDOS plot with dynamic color transitions
- **Gradient Fill Zones** - Beautiful color-coded areas for bullish, neutral, and bearish regions
- **Smart Transparency** - Colors adjust intensity based on market volatility
- **Dynamic Backgrounds** - Subtle gradient backgrounds that respond to market conditions
### **Enhanced EMA Projection System**
- 75/760 period EMA normalization with 50-period lookback
- Gradient-colored projection line for trend forecasting
- Toggleable display with advanced gradient controls
- Price tracking for precise level identification
### **Multi-Timeframe Analysis Table**
- Real-time trend analysis across 6 timeframes (1m, 3m, 5m, 15m, 1H, 4H)
- Gradient-colored cells showing trend strength
- Customizable table size and position
- Professional emoji indicators (🚀 UP, 📉 DOWN, ➡️ FLAT)
### **Signal System**
- **Gradient Buy Signals** - Triangle up arrows with intensity-based coloring
- **Gradient Sell Signals** - Triangle down arrows with strength indicators
- **Alert Conditions** - Built-in alerts for all signal types
- **7-Day Cycle Tracking** - Tuesday-to-Tuesday weekly cycle visualization
## ⚙️ **Customization Controls**
### **🎨 Gradient Controls**
- **Gradient Intensity** - Adjust color vibrancy (0.1-1.0)
- **Gradient Smoothing** - Control color transition smoothness (1-10 periods)
- **Dynamic Background** - Toggle animated background gradients
- **Advanced Gradients** - Enable/disable EMA projection and enhanced features
### **🛠️ Custom Color System**
- **Bullish Colors** - Define custom start/end colors for bull markets
- **Bearish Colors** - Set personalized bear market gradients
- **Full Theme Override** - Create completely custom color schemes
- **Real-time Preview** - See changes instantly on your chart
## 📈 **How to Use**
1. **Choose Your Theme** - Select from 10 professional gradient themes
2. **Configure Levels** - Adjust high/low levels (default 60/40) for your timeframe
3. **Set Smoothing** - Fine-tune gradient smoothing for your trading style
4. **Enable Features** - Toggle background gradients, candlestick coloring, and advanced EMA projection
5. **Monitor Signals** - Watch for gradient buy/sell arrows and multi-timeframe confirmations
## 🎯 **Trading Applications**
- **Swing Trading** - Perfect for identifying medium-term trend changes
- **Scalping** - Multi-timeframe table provides quick trend confirmation
- **Position Sizing** - Gradient intensity shows signal strength for risk management
- **Market Analysis** - Beautiful visualizations make complex data instantly understandable
- **Education** - Ideal for learning market dynamics through visual feedback
## ⚡ **Performance Optimized**
- **Smart Rendering** - Colors update only on significant changes
- **Efficient Calculations** - Optimized algorithms for smooth performance
- **Memory Management** - Minimal resource usage even with complex gradients
- **Real-time Updates** - Responsive to market changes without lag
## 🚨 **Alert System**
Built-in alert conditions notify you when:
- NDOS crosses above high level (Buy Signal)
- NDOS crosses below low level (Sell Signal)
- Multi-timeframe confirmations align
- Customizable alert messages with emoji indicators
## 🔧 **Technical Specifications**
- **PineScript Version**: v6 (Latest)
- **Overlay**: True (plots on main chart)
- **Calculations**: NDOS, EMA normalization, volatility-based transparency
- **Timeframes**: Compatible with all timeframes
- **Markets**: Stocks, Forex, Crypto, Commodities, Indices
## 💡 **Why Choose Swing Oracle Pro?**
This isn't just another technical indicator—it's a complete visual transformation of your trading experience. The gradient system provides instant visual feedback that traditional indicators simply can't match. Whether you're a beginner learning to read market trends or an experienced trader seeking clearer signals, the Swing Oracle Pro delivers professional-grade analysis with unprecedented visual clarity.
**Experience the future of technical analysis. Your charts will never look the same.**
---
*⚠️ Disclaimer: This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Always conduct your own research and consider risk management before making trading decisions.*
**🔔 Like this indicator? Please leave a comment and boost! Your feedback helps improve future updates.**
---
**📝 Tags:** #GradientTrading #SwingTrading #NDOS #MultiTimeframe #TechnicalAnalysis #VisualTrading #TrendAnalysis #ColorCoded #ProfessionalCharts #TradingToo
Mayfair FX Scalper V-10 Price Action + SMC//@version=5
indicator("Mayfair FX Scalper V-10 Price Action + SMC", overlay=true)
// === INPUTS ===
rsiLength = input.int(14, title="RSI Length")
overbought = input.float(73, title="SELL Level")
oversold = input.float(31, title="BUY Level")
rsiSrc = input.source(open, title="RSI Source")
// === Color Inputs ===
entryLineColor = input.color(color.white, title="entry Label Color")
entryLabelColor = input.color(color.white, title="entry Lable Color")
slLineColor = input.color(color.red, title="Stop Loss Line Color")
slLabelColor = input.color(color.red, title="Stop Loss Label Color")
tpLineColor = input.color(color.blue, title="Take Profit Line Color")
tpLabelColor = input.color(color.blue, title="Take Profit Color")
entryTextColor = input.color(color.rgb(0, 0, 0) , title="entry Text Color")
slTextColor = input.color(color.white, title="Stop Lose Color")
tpTextColor = input.color(color.white, title="Take Profit Text Color")
//indicator("Author Info Display"
// Create table
var table infoTable = table.new(position.top_right, 2, 6, bgcolor=color.new(#000000, 1), border_width=1)
if barstate.islast
table.cell(infoTable, 0, 0, "Author:", text_color=color.white, text_size=size.small)
table.cell(infoTable, 1, 0, "MR WOW", text_color=color.rgb(255, 251, 0), text_size=size.large)
table.cell(infoTable, 0, 1, "YouTube:", text_color=color.white, text_size=size.small)
table.cell(infoTable, 1, 1, "www.youtube.com/@iammrwow", text_color=color.rgb(255, 251, 0), text_size=size.small)
table.cell(infoTable, 0, 3, "Website:", text_color=color.white, text_size=size.small)
table.cell(infoTable, 1, 3, "www.mrwowea.com", text_color=color.rgb(255, 251, 0), text_size=size.small)
// === RSI CALCULATION ===
rsi = ta.rsi(rsiSrc, rsiLength)
rawBuySignal = rsi < oversold
rawSellSignal = rsi > overbought
// === Confirmed Signals ===
isBullish = close > open
isBearish = close < open
newBuy = rawBuySignal and isBullish and close > open == false
newSell = rawSellSignal and isBearish and close < open == false
// === Trade State Variables ===
var bool inPosition = false
var bool isBuy = false
var float entryPrice = na
var float slPrice = na
var float tp1Price = na
var float tp2Price = na
var float tp3Price = na
var int entryBarIndex = na
var label labels = array.new()
var line lines = array.new()
// === Instrument & Timeframe SL/TP Setup ===
isGold = str.contains(syminfo.ticker, "XAU") or str.contains(syminfo.ticker, "GOLD")
instrumentType = syminfo.type == "crypto" ? "Crypto" : isGold ? "Gold" : syminfo.currency == "JPY" ? "JPY" : "Forex"
tf = timeframe.period
slPipsGold = tf == "1" ? 30 : tf == "3" ? 45 : tf == "5" ? 50 : tf == "15" ? 60 : 70
slPipsCrypto = tf == "1" ? 5 : tf == "3" ? 8 : tf == "5" ? 12 : tf == "15" ? 15 : 10
slPipsForex = tf == "1" ? 6 : tf == "3" ? 9 : tf == "5" ? 11 : tf == "15" ? 15 : 15
gold_slDist = 0.1 * slPipsGold
gold_tp1Dist = gold_slDist
gold_tp2Dist = gold_slDist * 2
gold_tp3Dist = gold_slDist * 3
pipSize = instrumentType == "Crypto" ? 1.0 : instrumentType == "Gold" or instrumentType == "JPY" ? 0.01 : 0.0001
slPips = instrumentType == "Crypto" ? slPipsCrypto : instrumentType == "Gold" ? slPipsGold : slPipsForex
slDist = slPips * pipSize
tp1Dist = slDist
tp2Dist = slDist * 2
tp3Dist = slDist * 3
// === Draw Line & Label ===
drawLine(y, txt, col, lblCol, extendToCurrent) =>
int lineEnd = extendToCurrent ? bar_index : entryBarIndex + 2
array.push(lines, line.new(entryBarIndex, y, lineEnd, y, color=col, width=2, extend=extend.none))
textCol = str.contains(txt, "Entry") ? entryTextColor : str.contains(txt, "Stop") ? slTextColor : tpTextColor
array.push(labels, label.new(lineEnd, y, txt, style=label.style_label_left, color=color.new(lblCol, 0), textcolor=textCol, size=size.small))
// === Check Exit ===
slHit = inPosition and ((isBuy and low <= slPrice) or (not isBuy and high >= slPrice))
tp3Hit = inPosition and ((isBuy and high >= tp3Price) or (not isBuy and low <= tp3Price))
shouldExit = slHit or tp3Hit
if shouldExit
for l in labels
label.delete(l)
array.clear(labels)
for ln in lines
line.delete(ln)
array.clear(lines)
inPosition := false
entryPrice := na
slPrice := na
tp1Price := na
tp2Price := na
tp3Price := na
entryBarIndex := na
// === Confirmed Signal with No Position ===
confirmedBuy = not inPosition and newBuy
confirmedSell = not inPosition and newSell
// === Signal Markers ===
plotshape(series=confirmedBuy, location=location.belowbar, color=color.rgb(33, 150, 243), style=shape.triangleup, text="BUY", textcolor=color.rgb(33, 150, 243))
plotshape(series=confirmedSell, location=location.abovebar, color=color.rgb(254, 254, 255), style=shape.triangledown, text="SELL", textcolor=color.rgb(239, 238, 247))
// === Entry Execution ===
if confirmedBuy or confirmedSell
entryPrice := close
entryBarIndex := bar_index
isBuy := confirmedBuy
inPosition := true
if isGold
slPrice := isBuy ? entryPrice - gold_slDist : entryPrice + gold_slDist
tp1Price := isBuy ? entryPrice + gold_tp1Dist : entryPrice - gold_tp1Dist
tp2Price := isBuy ? entryPrice + gold_tp2Dist : entryPrice - gold_tp2Dist
tp3Price := isBuy ? entryPrice + gold_tp3Dist : entryPrice - gold_tp3Dist
else
slPrice := isBuy ? entryPrice - slDist : entryPrice + slDist
tp1Price := isBuy ? entryPrice + tp1Dist : entryPrice - tp1Dist
tp2Price := isBuy ? entryPrice + tp2Dist : entryPrice - tp2Dist
tp3Price := isBuy ? entryPrice + tp3Dist : entryPrice - tp3Dist
drawLine(entryPrice, "Entry Price - After Candle Above Entry Price Then Place Trade: " + str.tostring(entryPrice), entryLineColor, entryLabelColor, false)
drawLine(slPrice, "Stop Loss: " + str.tostring(slPrice), slLineColor, slLabelColor, false)
drawLine(tp1Price, "(1:1) Take Profit: " + str.tostring(tp1Price), tpLineColor, tpLabelColor, false)
drawLine(tp2Price, "(2:1) Take Profit: " + str.tostring(tp2Price), tpLineColor, tpLabelColor, false)
drawLine(tp3Price, "(3:1) Take Profit: " + str.tostring(tp3Price), tpLineColor, tpLabelColor, false)
// === Update TP/SL Lines if Still in Trade ===
if inPosition and not (confirmedBuy or confirmedSell)
for ln in lines
line.delete(ln)
array.clear(lines)
for l in labels
label.delete(l)
array.clear(labels)
drawLine(entryPrice, "After Candle Closed Above Entry Line Buy & Below Sell :Entry Price-" + str.tostring(entryPrice), entryLineColor, entryLabelColor, true)
drawLine(slPrice, "Stop Loss: " + str.tostring(slPrice), slLineColor, slLabelColor, true)
drawLine(tp1Price, "(1:1) Take Profit: " + str.tostring(tp1Price), tpLineColor, tpLabelColor, true)
drawLine(tp2Price, "(2:1) Take Profit: " + str.tostring(tp2Price), tpLineColor, tpLabelColor, true)
drawLine(tp3Price, "(3:1) Take Profit: " + str.tostring(tp3Price), tpLineColor, tpLabelColor, true)
// === Bollinger Bands Inputs ===
bb_length = input.int(20, title="SMA & StdDev Length")
src = input.source(close, title="Source")
// === Bollinger Band Colors ===
color_upper_2_3 = input.color(color.new(#0db107, 64), title="Upper Band 2–3 Color")
color_upper_3_4 = input.color(color.new(#05c41f, 58), title="Upper Band 3–4 Color")
color_lower_2_3 = input.color(color.new(#bdbc9d, 80), title="Lower Band 2–3 Color")
color_lower_3_4 = input.color(color.new(#e9e6bf, 63), title="Lower Band 3–4 Color")
// === Bollinger Band Calculations ===
sma = ta.sma(src, bb_length)
stdev = ta.stdev(src, bb_length)
bb2_upper = sma + 2 * stdev
bb2_lower = sma - 2 * stdev
bb3_upper = sma + 3 * stdev
bb3_lower = sma - 3 * stdev
bb4_upper = sma + 4 * stdev
bb4_lower = sma - 4 * stdev
// === Hidden Plots for Fill ===
p_bb2_upper = plot(bb2_upper, color=na)
p_bb3_upper = plot(bb3_upper, color=na)
p_bb4_upper = plot(bb4_upper, color=na)
p_bb2_lower = plot(bb2_lower, color=na)
p_bb3_lower = plot(bb3_lower, color=na)
p_bb4_lower = plot(bb4_lower, color=na)
// === Band Zone Fills ===
fill(p_bb2_upper, p_bb3_upper, color=color_upper_2_3)
fill(p_bb3_upper, p_bb4_upper, color=color_upper_3_4)
fill(p_bb2_lower, p_bb3_lower, color=color_lower_2_3)
fill(p_bb3_lower, p_bb4_lower, color=color_lower_3_4)
//SMc
BULLISH_LEG = 1
BEARISH_LEG = 0
BULLISH = +1
BEARISH = -1
GREEN = #9c9c9c
RED = #9c9c9c
BLUE = #9c9c9c
GRAY = #ffffff
MONO_BULLISH = #b2b5be
MONO_BEARISH = #5d606b
HISTORICAL = 'Historical'
PRESENT = 'Present'
COLORED = 'Colored'
MONOCHROME = 'Monochrome'
ALL = 'All'
BOS = 'BOS'
CHOCH = 'CHoCH'
TINY = size.tiny
SMALL = size.small
NORMAL = size.normal
ATR = 'Atr'
RANGE = 'Cumulative Mean Range'
CLOSE = 'Close'
HIGHLOW = 'High/Low'
SOLID = '⎯⎯⎯'
DASHED = '----'
DOTTED = '····'
SMART_GROUP = 'Smart Money Concepts'
INTERNAL_GROUP = 'Real Time Internal Structure'
SWING_GROUP = 'Real Time Swing Structure'
BLOCKS_GROUP = 'Order Blocks'
EQUAL_GROUP = 'EQH/EQL'
GAPS_GROUP = 'Fair Value Gaps'
LEVELS_GROUP = 'Highs & Lows MTF'
ZONES_GROUP = 'Premium & Discount Zones'
modeTooltip = 'Allows to display historical Structure or only the recent ones'
styleTooltip = 'Indicator color theme'
showTrendTooltip = 'Display additional candles with a color reflecting the current trend detected by structure'
showInternalsTooltip = 'Display internal market structure'
internalFilterConfluenceTooltip = 'Filter non significant internal structure breakouts'
showStructureTooltip = 'Display swing market Structure'
showSwingsTooltip = 'Display swing point as labels on the chart'
showHighLowSwingsTooltip = 'Highlight most recent strong and weak high/low points on the chart'
showInternalOrderBlocksTooltip = 'Display internal order blocks on the chart\n\nNumber of internal order blocks to display on the chart'
showSwingOrderBlocksTooltip = 'Display swing order blocks on the chart\n\nNumber of internal swing blocks to display on the chart'
orderBlockFilterTooltip = 'Method used to filter out volatile order blocks \n\nIt is recommended to use the cumulative mean range method when a low amount of data is available'
orderBlockMitigationTooltip = 'Select what values to use for order block mitigation'
showEqualHighsLowsTooltip = 'Display equal highs and equal lows on the chart'
equalHighsLowsLengthTooltip = 'Number of bars used to confirm equal highs and equal lows'
equalHighsLowsThresholdTooltip = 'Sensitivity threshold in a range (0, 1) used for the detection of equal highs & lows\n\nLower values will return fewer but more pertinent results'
showFairValueGapsTooltip = 'Display fair values gaps on the chart'
fairValueGapsThresholdTooltip = 'Filter out non significant fair value gaps'
fairValueGapsTimeframeTooltip = 'Fair value gaps timeframe'
fairValueGapsExtendTooltip = 'Determine how many bars to extend the Fair Value Gap boxes on chart'
showPremiumDiscountZonesTooltip = 'Display premium, discount, and equilibrium zones on chart'
modeInput = input.string( HISTORICAL, 'Mode', group = SMART_GROUP, tooltip = modeTooltip, options = )
styleInput = input.string( COLORED, 'Style', group = SMART_GROUP, tooltip = styleTooltip,options = )
showTrendInput = input( false, 'Color Candles', group = SMART_GROUP, tooltip = showTrendTooltip)
showInternalsInput = input( true, 'Show Internal Structure', group = INTERNAL_GROUP, tooltip = showInternalsTooltip)
showInternalBullInput = input.string( ALL, 'Bullish Structure', group = INTERNAL_GROUP, inline = 'ibull', options = )
internalBullColorInput = input( GREEN, '', group = INTERNAL_GROUP, inline = 'ibull')
showInternalBearInput = input.string( ALL, 'Bearish Structure' , group = INTERNAL_GROUP, inline = 'ibear', options = )
internalBearColorInput = input( RED, '', group = INTERNAL_GROUP, inline = 'ibear')
internalFilterConfluenceInput = input( false, 'Confluence Filter', group = INTERNAL_GROUP, tooltip = internalFilterConfluenceTooltip)
internalStructureSize = input.string( TINY, 'Internal Label Size', group = INTERNAL_GROUP, options = )
showStructureInput = input( true, 'Show Swing Structure', group = SWING_GROUP, tooltip = showStructureTooltip)
showSwingBullInput = input.string( ALL, 'Bullish Structure', group = SWING_GROUP, inline = 'bull', options = )
swingBullColorInput = input( GREEN, '', group = SWING_GROUP, inline = 'bull')
showSwingBearInput = input.string( ALL, 'Bearish Structure', group = SWING_GROUP, inline = 'bear', options = )
swingBearColorInput = input( RED, '', group = SWING_GROUP, inline = 'bear')
swingStructureSize = input.string( SMALL, 'Swing Label Size', group = SWING_GROUP, options = )
showSwingsInput = input( false, 'Show Swings Points', group = SWING_GROUP, tooltip = showSwingsTooltip,inline = 'swings')
swingsLengthInput = input.int( 50, '', group = SWING_GROUP, minval = 10, inline = 'swings')
showHighLowSwingsInput = input( true, 'Show Strong/Weak High/Low',group = SWING_GROUP, tooltip = showHighLowSwingsTooltip)
showInternalOrderBlocksInput = input( true, 'Internal Order Blocks' , group = BLOCKS_GROUP, tooltip = showInternalOrderBlocksTooltip, inline = 'iob')
internalOrderBlocksSizeInput = input.int( 5, '', group = BLOCKS_GROUP, minval = 1, maxval = 20, inline = 'iob')
showSwingOrderBlocksInput = input( false, 'Swing Order Blocks', group = BLOCKS_GROUP, tooltip = showSwingOrderBlocksTooltip, inline = 'ob')
swingOrderBlocksSizeInput = input.int( 5, '', group = BLOCKS_GROUP, minval = 1, maxval = 20, inline = 'ob')
orderBlockFilterInput = input.string( 'Atr', 'Order Block Filter', group = BLOCKS_GROUP, tooltip = orderBlockFilterTooltip, options = )
orderBlockMitigationInput = input.string( HIGHLOW, 'Order Block Mitigation', group = BLOCKS_GROUP, tooltip = orderBlockMitigationTooltip, options = )
internalBullishOrderBlockColor = input.color(color.new(#808080, 80), 'Internal Bullish OB', group = BLOCKS_GROUP)
internalBearishOrderBlockColor = input.color(color.new(#808080, 80), 'Internal Bearish OB', group = BLOCKS_GROUP)
swingBullishOrderBlockColor = input.color(color.new(#808080, 80), 'Bullish OB', group = BLOCKS_GROUP)
swingBearishOrderBlockColor = input.color(color.new(#808080, 80), 'Bearish OB', group = BLOCKS_GROUP)
showEqualHighsLowsInput = input( true, 'Equal High/Low', group = EQUAL_GROUP, tooltip = showEqualHighsLowsTooltip)
equalHighsLowsLengthInput = input.int( 3, 'Bars Confirmation', group = EQUAL_GROUP, tooltip = equalHighsLowsLengthTooltip, minval = 1)
equalHighsLowsThresholdInput = input.float( 0.1, 'Threshold', group = EQUAL_GROUP, tooltip = equalHighsLowsThresholdTooltip, minval = 0, maxval = 0.5, step = 0.1)
equalHighsLowsSizeInput = input.string( TINY, 'Label Size', group = EQUAL_GROUP, options = )
showFairValueGapsInput = input( false, 'Fair Value Gaps', group = GAPS_GROUP, tooltip = showFairValueGapsTooltip)
fairValueGapsThresholdInput = input( true, 'Auto Threshold', group = GAPS_GROUP, tooltip = fairValueGapsThresholdTooltip)
fairValueGapsTimeframeInput = input.timeframe('', 'Timeframe', group = GAPS_GROUP, tooltip = fairValueGapsTimeframeTooltip)
fairValueGapsBullColorInput = input.color(color.new(#00ff68, 70), 'Bullish FVG' , group = GAPS_GROUP)
fairValueGapsBearColorInput = input.color(color.new(#ff0008, 70), 'Bearish FVG' , group = GAPS_GROUP)
fairValueGapsExtendInput = input.int( 1, 'Extend FVG', group = GAPS_GROUP, tooltip = fairValueGapsExtendTooltip, minval = 0)
showDailyLevelsInput = input( false, 'Daily', group = LEVELS_GROUP, inline = 'daily')
dailyLevelsStyleInput = input.string( SOLID, '', group = LEVELS_GROUP, inline = 'daily', options = )
dailyLevelsColorInput = input( BLUE, '', group = LEVELS_GROUP, inline = 'daily')
showWeeklyLevelsInput = input( false, 'Weekly', group = LEVELS_GROUP, inline = 'weekly')
weeklyLevelsStyleInput = input.string( SOLID, '', group = LEVELS_GROUP, inline = 'weekly', options = )
weeklyLevelsColorInput = input( BLUE, '', group = LEVELS_GROUP, inline = 'weekly')
showMonthlyLevelsInput = input( false, 'Monthly', group = LEVELS_GROUP, inline = 'monthly')
monthlyLevelsStyleInput = input.string( SOLID, '', group = LEVELS_GROUP, inline = 'monthly', options = )
monthlyLevelsColorInput = input( BLUE, '', group = LEVELS_GROUP, inline = 'monthly')
showPremiumDiscountZonesInput = input( false, 'Premium/Discount Zones', group = ZONES_GROUP , tooltip = showPremiumDiscountZonesTooltip)
premiumZoneColorInput = input.color( RED, 'Premium Zone', group = ZONES_GROUP)
equilibriumZoneColorInput = input.color( GRAY, 'Equilibrium Zone', group = ZONES_GROUP)
discountZoneColorInput = input.color( GREEN, 'Discount Zone', group = ZONES_GROUP)
//---------------------------------------------------------------------------------------------------------------------}
//DATA STRUCTURES & VARIABLES
//---------------------------------------------------------------------------------------------------------------------{
// @type UDT representing alerts as bool fields
// @field internalBullishBOS internal structure custom alert
// @field internalBearishBOS internal structure custom alert
// @field internalBullishCHoCH internal structure custom alert
// @field internalBearishCHoCH internal structure custom alert
// @field swingBullishBOS swing structure custom alert
// @field swingBearishBOS swing structure custom alert
// @field swingBullishCHoCH swing structure custom alert
// @field swingBearishCHoCH swing structure custom alert
// @field internalBullishOrderBlock internal order block custom alert
// @field internalBearishOrderBlock internal order block custom alert
// @field swingBullishOrderBlock swing order block custom alert
// @field swingBearishOrderBlock swing order block custom alert
// @field equalHighs equal high low custom alert
// @field equalLows equal high low custom alert
// @field bullishFairValueGap fair value gap custom alert
// @field bearishFairValueGap fair value gap custom alert
type alerts
bool internalBullishBOS = false
bool internalBearishBOS = false
bool internalBullishCHoCH = false
bool internalBearishCHoCH = false
bool swingBullishBOS = false
bool swingBearishBOS = false
bool swingBullishCHoCH = false
bool swingBearishCHoCH = false
bool internalBullishOrderBlock = false
bool internalBearishOrderBlock = false
bool swingBullishOrderBlock = false
bool swingBearishOrderBlock = false
bool equalHighs = false
bool equalLows = false
bool bullishFairValueGap = false
bool bearishFairValueGap = false
// @type UDT representing last swing extremes (top & bottom)
// @field top last top swing price
// @field bottom last bottom swing price
// @field barTime last swing bar time
// @field barIndex last swing bar index
// @field lastTopTime last top swing time
// @field lastBottomTime last bottom swing time
type trailingExtremes
float top
float bottom
int barTime
int barIndex
int lastTopTime
int lastBottomTime
// @type UDT representing Fair Value Gaps
// @field top top price
// @field bottom bottom price
// @field bias bias (BULLISH or BEARISH)
// @field topBox top box
// @field bottomBox bottom box
type fairValueGap
float top
float bottom
int bias
box topBox
box bottomBox
// @type UDT representing trend bias
// @field bias BULLISH or BEARISH
type trend
int bias
// @type UDT representing Equal Highs Lows display
// @field l_ine displayed line
// @field l_abel displayed label
type equalDisplay
line l_ine = na
label l_abel = na
// @type UDT representing a pivot point (swing point)
// @field currentLevel current price level
// @field lastLevel last price level
// @field crossed true if price level is crossed
// @field barTime bar time
// @field barIndex bar index
type pivot
float currentLevel
float lastLevel
bool crossed
int barTime = time
int barIndex = bar_index
// @type UDT representing an order block
// @field barHigh bar high
// @field barLow bar low
// @field barTime bar time
// @field bias BULLISH or BEARISH
type orderBlock
float barHigh
float barLow
int barTime
int bias
// @variable current swing pivot high
var pivot swingHigh = pivot.new(na,na,false)
// @variable current swing pivot low
var pivot swingLow = pivot.new(na,na,false)
// @variable current internal pivot high
var pivot internalHigh = pivot.new(na,na,false)
// @variable current internal pivot low
var pivot internalLow = pivot.new(na,na,false)
// @variable current equal high pivot
var pivot equalHigh = pivot.new(na,na,false)
// @variable current equal low pivot
var pivot equalLow = pivot.new(na,na,false)
// @variable swing trend bias
var trend swingTrend = trend.new(0)
// @variable internal trend bias
var trend internalTrend = trend.new(0)
// @variable equal high display
var equalDisplay equalHighDisplay = equalDisplay.new()
// @variable equal low display
var equalDisplay equalLowDisplay = equalDisplay.new()
// @variable storage for fairValueGap UDTs
var array fairValueGaps = array.new()
// @variable storage for parsed highs
var array parsedHighs = array.new()
// @variable storage for parsed lows
var array parsedLows = array.new()
// @variable storage for raw highs
var array highs = array.new()
// @variable storage for raw lows
var array lows = array.new()
// @variable storage for bar time values
var array times = array.new()
// @variable last trailing swing high and low
var trailingExtremes trailing = trailingExtremes.new()
// @variable storage for orderBlock UDTs (swing order blocks)
var array swingOrderBlocks = array.new()
// @variable storage for orderBlock UDTs (internal order blocks)
var array internalOrderBlocks = array.new()
// @variable storage for swing order blocks boxes
var array swingOrderBlocksBoxes = array.new()
// @variable storage for internal order blocks boxes
var array internalOrderBlocksBoxes = array.new()
// @variable color for swing bullish structures
var swingBullishColor = styleInput == MONOCHROME ? MONO_BULLISH : swingBullColorInput
// @variable color for swing bearish structures
var swingBearishColor = styleInput == MONOCHROME ? MONO_BEARISH : swingBearColorInput
// @variable color for bullish fair value gaps
var fairValueGapBullishColor = styleInput == MONOCHROME ? color.new(MONO_BULLISH,70) : fairValueGapsBullColorInput
// @variable color for bearish fair value gaps
var fairValueGapBearishColor = styleInput == MONOCHROME ? color.new(MONO_BEARISH,70) : fairValueGapsBearColorInput
// @variable color for premium zone
var premiumZoneColor = styleInput == MONOCHROME ? MONO_BEARISH : premiumZoneColorInput
// @variable color for discount zone
var discountZoneColor = styleInput == MONOCHROME ? MONO_BULLISH : discountZoneColorInput
// @variable bar index on current script iteration
varip int currentBarIndex = bar_index
// @variable bar index on last script iteration
varip int lastBarIndex = bar_index
// @variable alerts in current bar
alerts currentAlerts = alerts.new()
// @variable time at start of chart
var initialTime = time
// we create the needed boxes for displaying order blocks at the first execution
if barstate.isfirst
if showSwingOrderBlocksInput
for index = 1 to swingOrderBlocksSizeInput
swingOrderBlocksBoxes.push(box.new(na,na,na,na,xloc = xloc.bar_time,extend = extend.right))
if showInternalOrderBlocksInput
for index = 1 to internalOrderBlocksSizeInput
internalOrderBlocksBoxes.push(box.new(na,na,na,na,xloc = xloc.bar_time,extend = extend.right))
// @variable source to use in bearish order blocks mitigation
bearishOrderBlockMitigationSource = orderBlockMitigationInput == CLOSE ? close : high
// @variable source to use in bullish order blocks mitigation
bullishOrderBlockMitigationSource = orderBlockMitigationInput == CLOSE ? close : low
// @variable default volatility measure
atrMeasure = ta.atr(200)
// @variable parsed volatility measure by user settings
volatilityMeasure = orderBlockFilterInput == ATR ? atrMeasure : ta.cum(ta.tr)/bar_index
// @variable true if current bar is a high volatility bar
highVolatilityBar = (high - low) >= (2 * volatilityMeasure)
// @variable parsed high
parsedHigh = highVolatilityBar ? low : high
// @variable parsed low
parsedLow = highVolatilityBar ? high : low
// we store current values into the arrays at each bar
parsedHighs.push(parsedHigh)
parsedLows.push(parsedLow)
highs.push(high)
lows.push(low)
times.push(time)
//---------------------------------------------------------------------------------------------------------------------}
//USER-DEFINED FUNCTIONS
//---------------------------------------------------------------------------------------------------------------------{
// @function Get the value of the current leg, it can be 0 (bearish) or 1 (bullish)
// @returns int
leg(int size) =>
var leg = 0
newLegHigh = high > ta.highest( size)
newLegLow = low < ta.lowest( size)
if newLegHigh
leg := BEARISH_LEG
else if newLegLow
leg := BULLISH_LEG
leg
// @function Identify whether the current value is the start of a new leg (swing)
// @param leg (int) Current leg value
// @returns bool
startOfNewLeg(int leg) => ta.change(leg) != 0
// @function Identify whether the current level is the start of a new bearish leg (swing)
// @param leg (int) Current leg value
// @returns bool
startOfBearishLeg(int leg) => ta.change(leg) == -1
// @function Identify whether the current level is the start of a new bullish leg (swing)
// @param leg (int) Current leg value
// @returns bool
startOfBullishLeg(int leg) => ta.change(leg) == +1
// @function create a new label
// @param labelTime bar time coordinate
// @param labelPrice price coordinate
// @param tag text to display
// @param labelColor text color
// @param labelStyle label style
// @returns label ID
drawLabel(int labelTime, float labelPrice, string tag, color labelColor, string labelStyle) =>
var label l_abel = na
if modeInput == PRESENT
l_abel.delete()
l_abel := label.new(chart.point.new(labelTime,na,labelPrice),tag,xloc.bar_time,color=color(na),textcolor=labelColor,style = labelStyle,size = size.small)
// @function create a new line and label representing an EQH or EQL
// @param p_ivot starting pivot
// @param level price level of current pivot
// @param size how many bars ago was the current pivot detected
// @param equalHigh true for EQH, false for EQL
// @returns label ID
drawEqualHighLow(pivot p_ivot, float level, int size, bool equalHigh) =>
equalDisplay e_qualDisplay = equalHigh ? equalHighDisplay : equalLowDisplay
string tag = 'EQL'
color equalColor = swingBullishColor
string labelStyle = label.style_label_up
if equalHigh
tag := 'EQH'
equalColor := swingBearishColor
labelStyle := label.style_label_down
if modeInput == PRESENT
line.delete( e_qualDisplay.l_ine)
label.delete( e_qualDisplay.l_abel)
e_qualDisplay.l_ine := line.new(chart.point.new(p_ivot.barTime,na,p_ivot.currentLevel), chart.point.new(time ,na,level), xloc = xloc.bar_time, color = equalColor, style = line.style_dotted)
labelPosition = math.round(0.5*(p_ivot.barIndex + bar_index - size))
e_qualDisplay.l_abel := label.new(chart.point.new(na,labelPosition,level), tag, xloc.bar_index, color = color(na), textcolor = equalColor, style = labelStyle, size = equalHighsLowsSizeInput)
// @function store current structure and trailing swing points, and also display swing points and equal highs/lows
// @param size (int) structure size
// @param equalHighLow (bool) true for displaying current highs/lows
// @param internal (bool) true for getting internal structures
// @returns label ID
getCurrentStructure(int size,bool equalHighLow = false, bool internal = false) =>
currentLeg = leg(size)
newPivot = startOfNewLeg(currentLeg)
pivotLow = startOfBullishLeg(currentLeg)
pivotHigh = startOfBearishLeg(currentLeg)
if newPivot
if pivotLow
pivot p_ivot = equalHighLow ? equalLow : internal ? internalLow : swingLow
if equalHighLow and math.abs(p_ivot.currentLevel - low ) < equalHighsLowsThresholdInput * atrMeasure
drawEqualHighLow(p_ivot, low , size, false)
p_ivot.lastLevel := p_ivot.currentLevel
p_ivot.currentLevel := low
p_ivot.crossed := false
p_ivot.barTime := time
p_ivot.barIndex := bar_index
if not equalHighLow and not internal
trailing.bottom := p_ivot.currentLevel
trailing.barTime := p_ivot.barTime
trailing.barIndex := p_ivot.barIndex
trailing.lastBottomTime := p_ivot.barTime
if showSwingsInput and not internal and not equalHighLow
drawLabel(time , p_ivot.currentLevel, p_ivot.currentLevel < p_ivot.lastLevel ? 'LL' : 'HL', swingBullishColor, label.style_label_up)
else
pivot p_ivot = equalHighLow ? equalHigh : internal ? internalHigh : swingHigh
if equalHighLow and math.abs(p_ivot.currentLevel - high ) < equalHighsLowsThresholdInput * atrMeasure
drawEqualHighLow(p_ivot,high ,size,true)
p_ivot.lastLevel := p_ivot.currentLevel
p_ivot.currentLevel := high
p_ivot.crossed := false
p_ivot.barTime := time
p_ivot.barIndex := bar_index
if not equalHighLow and not internal
trailing.top := p_ivot.currentLevel
trailing.barTime := p_ivot.barTime
trailing.barIndex := p_ivot.barIndex
trailing.lastTopTime := p_ivot.barTime
if showSwingsInput and not internal and not equalHighLow
drawLabel(time , p_ivot.currentLevel, p_ivot.currentLevel > p_ivot.lastLevel ? 'HH' : 'LH', swingBearishColor, label.style_label_down)
// @function draw line and label representing a structure
// @param p_ivot base pivot point
// @param tag test to display
// @param structureColor base color
// @param lineStyle line style
// @param labelStyle label style
// @param labelSize text size
// @returns label ID
drawStructure(pivot p_ivot, string tag, color structureColor, string lineStyle, string labelStyle, string labelSize) =>
var line l_ine = line.new(na,na,na,na,xloc = xloc.bar_time)
var label l_abel = label.new(na,na)
if modeInput == PRESENT
l_ine.delete()
l_abel.delete()
l_ine := line.new(chart.point.new(p_ivot.barTime,na,p_ivot.currentLevel), chart.point.new(time,na,p_ivot.currentLevel), xloc.bar_time, color=structureColor, style=lineStyle)
l_abel := label.new(chart.point.new(na,math.round(0.5*(p_ivot.barIndex+bar_index)),p_ivot.currentLevel), tag, xloc.bar_index, color=color(na), textcolor=structureColor, style=labelStyle, size = labelSize)
// @function delete order blocks
// @param internal true for internal order blocks
// @returns orderBlock ID
deleteOrderBlocks(bool internal = false) =>
array orderBlocks = internal ? internalOrderBlocks : swingOrderBlocks
for in orderBlocks
bool crossedOderBlock = false
if bearishOrderBlockMitigationSource > eachOrderBlock.barHigh and eachOrderBlock.bias == BEARISH
crossedOderBlock := true
if internal
currentAlerts.internalBearishOrderBlock := true
else
currentAlerts.swingBearishOrderBlock := true
else if bullishOrderBlockMitigationSource < eachOrderBlock.barLow and eachOrderBlock.bias == BULLISH
crossedOderBlock := true
if internal
currentAlerts.internalBullishOrderBlock := true
else
currentAlerts.swingBullishOrderBlock := true
if crossedOderBlock
orderBlocks.remove(index)
// @function fetch and store order blocks
// @param p_ivot base pivot point
// @param internal true for internal order blocks
// @param bias BULLISH or BEARISH
// @returns void
storeOrdeBlock(pivot p_ivot,bool internal = false,int bias) =>
if (not internal and showSwingOrderBlocksInput) or (internal and showInternalOrderBlocksInput)
array a_rray = na
int parsedIndex = na
if bias == BEARISH
a_rray := parsedHighs.slice(p_ivot.barIndex,bar_index)
parsedIndex := p_ivot.barIndex + a_rray.indexof(a_rray.max())
else
a_rray := parsedLows.slice(p_ivot.barIndex,bar_index)
parsedIndex := p_ivot.barIndex + a_rray.indexof(a_rray.min())
orderBlock o_rderBlock = orderBlock.new(parsedHighs.get(parsedIndex), parsedLows.get(parsedIndex), times.get(parsedIndex),bias)
array orderBlocks = internal ? internalOrderBlocks : swingOrderBlocks
if orderBlocks.size() >= 100
orderBlocks.pop()
orderBlocks.unshift(o_rderBlock)
// @function draw order blocks as boxes
// @param internal true for internal order blocks
// @returns void
drawOrderBlocks(bool internal = false) =>
array orderBlocks = internal ? internalOrderBlocks : swingOrderBlocks
orderBlocksSize = orderBlocks.size()
if orderBlocksSize > 0
maxOrderBlocks = internal ? internalOrderBlocksSizeInput : swingOrderBlocksSizeInput
array parsedOrdeBlocks = orderBlocks.slice(0, math.min(maxOrderBlocks,orderBlocksSize))
array b_oxes = internal ? internalOrderBlocksBoxes : swingOrderBlocksBoxes
for in parsedOrdeBlocks
orderBlockColor = styleInput == MONOCHROME ? (eachOrderBlock.bias == BEARISH ? color.new(MONO_BEARISH,80) : color.new(MONO_BULLISH,80)) : internal ? (eachOrderBlock.bias == BEARISH ? internalBearishOrderBlockColor : internalBullishOrderBlockColor) : (eachOrderBlock.bias == BEARISH ? swingBearishOrderBlockColor : swingBullishOrderBlockColor)
box b_ox = b_oxes.get(index)
b_ox.set_top_left_point( chart.point.new(eachOrderBlock.barTime,na,eachOrderBlock.barHigh))
b_ox.set_bottom_right_point(chart.point.new(last_bar_time,na,eachOrderBlock.barLow))
b_ox.set_border_color( internal ? na : orderBlockColor)
b_ox.set_bgcolor( orderBlockColor)
// @function detect and draw structures, also detect and store order blocks
// @param internal true for internal structures or order blocks
// @returns void
displayStructure(bool internal = false) =>
var bullishBar = true
var bearishBar = true
if internalFilterConfluenceInput
bullishBar := high - math.max(close, open) > math.min(close, open - low)
bearishBar := high - math.max(close, open) < math.min(close, open - low)
pivot p_ivot = internal ? internalHigh : swingHigh
trend t_rend = internal ? internalTrend : swingTrend
lineStyle = internal ? line.style_dashed : line.style_solid
labelSize = internal ? internalStructureSize : swingStructureSize
extraCondition = internal ? internalHigh.currentLevel != swingHigh.currentLevel and bullishBar : true
bullishColor = styleInput == MONOCHROME ? MONO_BULLISH : internal ? internalBullColorInput : swingBullColorInput
if ta.crossover(close,p_ivot.currentLevel) and not p_ivot.crossed and extraCondition
string tag = t_rend.bias == BEARISH ? CHOCH : BOS
if internal
currentAlerts.internalBullishCHoCH := tag == CHOCH
currentAlerts.internalBullishBOS := tag == BOS
else
currentAlerts.swingBullishCHoCH := tag == CHOCH
currentAlerts.swingBullishBOS := tag == BOS
p_ivot.crossed := true
t_rend.bias := BULLISH
displayCondition = internal ? showInternalsInput and (showInternalBullInput == ALL or (showInternalBullInput == BOS and tag != CHOCH) or (showInternalBullInput == CHOCH and tag == CHOCH)) : showStructureInput and (showSwingBullInput == ALL or (showSwingBullInput == BOS and tag != CHOCH) or (showSwingBullInput == CHOCH and tag == CHOCH))
if displayCondition
drawStructure(p_ivot,tag,bullishColor,lineStyle,label.style_label_down,labelSize)
if (internal and showInternalOrderBlocksInput) or (not internal and showSwingOrderBlocksInput)
storeOrdeBlock(p_ivot,internal,BULLISH)
p_ivot := internal ? internalLow : swingLow
extraCondition := internal ? internalLow.currentLevel != swingLow.currentLevel and bearishBar : true
bearishColor = styleInput == MONOCHROME ? MONO_BEARISH : internal ? internalBearColorInput : swingBearColorInput
if ta.crossunder(close,p_ivot.currentLevel) and not p_ivot.crossed and extraCondition
string tag = t_rend.bias == BULLISH ? CHOCH : BOS
if internal
currentAlerts.internalBearishCHoCH := tag == CHOCH
currentAlerts.internalBearishBOS := tag == BOS
else
currentAlerts.swingBearishCHoCH := tag == CHOCH
currentAlerts.swingBearishBOS := tag == BOS
p_ivot.crossed := true
t_rend.bias := BEARISH
displayCondition = internal ? showInternalsInput and (showInternalBearInput == ALL or (showInternalBearInput == BOS and tag != CHOCH) or (showInternalBearInput == CHOCH and tag == CHOCH)) : showStructureInput and (showSwingBearInput == ALL or (showSwingBearInput == BOS and tag != CHOCH) or (showSwingBearInput == CHOCH and tag == CHOCH))
if displayCondition
drawStructure(p_ivot,tag,bearishColor,lineStyle,label.style_label_up,labelSize)
if (internal and showInternalOrderBlocksInput) or (not internal and showSwingOrderBlocksInput)
storeOrdeBlock(p_ivot,internal,BEARISH)
// @function draw one fair value gap box (each fair value gap has two boxes)
// @param leftTime left time coordinate
// @param rightTime right time coordinate
// @param topPrice top price level
// @param bottomPrice bottom price level
// @param boxColor box color
// @returns box ID
fairValueGapBox(leftTime,rightTime,topPrice,bottomPrice,boxColor) => box.new(chart.point.new(leftTime,na,topPrice),chart.point.new(rightTime + fairValueGapsExtendInput * (time-time ),na,bottomPrice), xloc=xloc.bar_time, border_color = boxColor, bgcolor = boxColor)
// @function delete fair value gaps
// @returns fairValueGap ID
deleteFairValueGaps() =>
for in fairValueGaps
if (low < eachFairValueGap.bottom and eachFairValueGap.bias == BULLISH) or (high > eachFairValueGap.top and eachFairValueGap.bias == BEARISH)
eachFairValueGap.topBox.delete()
eachFairValueGap.bottomBox.delete()
fairValueGaps.remove(index)
// @function draw fair value gaps
// @returns fairValueGap ID
drawFairValueGaps() =>
= request.security(syminfo.tickerid, fairValueGapsTimeframeInput, [close , open , time , high , low , time , high , low ],lookahead = barmerge.lookahead_on)
barDeltaPercent = (lastClose - lastOpen) / (lastOpen * 100)
newTimeframe = timeframe.change(fairValueGapsTimeframeInput)
threshold = fairValueGapsThresholdInput ? ta.cum(math.abs(newTimeframe ? barDeltaPercent : 0)) / bar_index * 2 : 0
bullishFairValueGap = currentLow > last2High and lastClose > last2High and barDeltaPercent > threshold and newTimeframe
bearishFairValueGap = currentHigh < last2Low and lastClose < last2Low and -barDeltaPercent > threshold and newTimeframe
if bullishFairValueGap
currentAlerts.bullishFairValueGap := true
fairValueGaps.unshift(fairValueGap.new(currentLow,last2High,BULLISH,fairValueGapBox(lastTime,currentTime,currentLow,math.avg(currentLow,last2High),fairValueGapBullishColor),fairValueGapBox(lastTime,currentTime,math.avg(currentLow,last2High),last2High,fairValueGapBullishColor)))
if bearishFairValueGap
currentAlerts.bearishFairValueGap := true
fairValueGaps.unshift(fairValueGap.new(currentHigh,last2Low,BEARISH,fairValueGapBox(lastTime,currentTime,currentHigh,math.avg(currentHigh,last2Low),fairValueGapBearishColor),fairValueGapBox(lastTime,currentTime,math.avg(currentHigh,last2Low),last2Low,fairValueGapBearishColor)))
// @function get line style from string
// @param style line style
// @returns string
getStyle(string style) =>
switch style
SOLID => line.style_solid
DASHED => line.style_dashed
DOTTED => line.style_dotted
// @function draw MultiTimeFrame levels
// @param timeframe base timeframe
// @param sameTimeframe true if chart timeframe is same as base timeframe
// @param style line style
// @param levelColor line and text color
// @returns void
drawLevels(string timeframe, bool sameTimeframe, string style, color levelColor) =>
= request.security(syminfo.tickerid, timeframe, [high , low , time , time],lookahead = barmerge.lookahead_on)
float parsedTop = sameTimeframe ? high : topLevel
float parsedBottom = sameTimeframe ? low : bottomLevel
int parsedLeftTime = sameTimeframe ? time : leftTime
int parsedRightTime = sameTimeframe ? time : rightTime
int parsedTopTime = time
int parsedBottomTime = time
if not sameTimeframe
int leftIndex = times.binary_search_rightmost(parsedLeftTime)
int rightIndex = times.binary_search_rightmost(parsedRightTime)
array timeArray = times.slice(leftIndex,rightIndex)
array topArray = highs.slice(leftIndex,rightIndex)
array bottomArray = lows.slice(leftIndex,rightIndex)
parsedTopTime := timeArray.size() > 0 ? timeArray.get(topArray.indexof(topArray.max())) : initialTime
parsedBottomTime := timeArray.size() > 0 ? timeArray.get(bottomArray.indexof(bottomArray.min())) : initialTime
var line topLine = line.new(na, na, na, na, xloc = xloc.bar_time, color = levelColor, style = getStyle(style))
var line bottomLine = line.new(na, na, na, na, xloc = xloc.bar_time, color = levelColor, style = getStyle(style))
var label topLabel = label.new(na, na, xloc = xloc.bar_time, text = str.format('P{0}H',timeframe), color=color(na), textcolor = levelColor, size = size.small, style = label.style_label_left)
var label bottomLabel = label.new(na, na, xloc = xloc.bar_time, text = str.format('P{0}L',timeframe), color=color(na), textcolor = levelColor, size = size.small, style = label.style_label_left)
topLine.set_first_point( chart.point.new(parsedTopTime,na,parsedTop))
topLine.set_second_point( chart.point.new(last_bar_time + 20 * (time-time ),na,parsedTop))
topLabel.set_point( chart.point.new(last_bar_time + 20 * (time-time ),na,parsedTop))
bottomLine.set_first_point( chart.point.new(parsedBottomTime,na,parsedBottom))
bottomLine.set_second_point(chart.point.new(last_bar_time + 20 * (time-time ),na,parsedBottom))
bottomLabel.set_point( chart.point.new(last_bar_time + 20 * (time-time ),na,parsedBottom))
// @function true if chart timeframe is higher than provided timeframe
// @param timeframe timeframe to check
// @returns bool
higherTimeframe(string timeframe) => timeframe.in_seconds() > timeframe.in_seconds(timeframe)
// @function update trailing swing points
// @returns int
updateTrailingExtremes() =>
trailing.top := math.max(high,trailing.top)
trailing.lastTopTime := trailing.top == high ? time : trailing.lastTopTime
trailing.bottom := math.min(low,trailing.bottom)
trailing.lastBottomTime := trailing.bottom == low ? time : trailing.lastBottomTime
// @function draw trailing swing points
// @returns void
drawHighLowSwings() =>
var line topLine = line.new(na, na, na, na, color = swingBearishColor, xloc = xloc.bar_time)
var line bottomLine = line.new(na, na, na, na, color = swingBullishColor, xloc = xloc.bar_time)
var label topLabel = label.new(na, na, color=color(na), textcolor = swingBearishColor, xloc = xloc.bar_time, style = label.style_label_down, size = size.tiny)
var label bottomLabel = label.new(na, na, color=color(na), textcolor = swingBullishColor, xloc = xloc.bar_time, style = label.style_label_up, size = size.tiny)
rightTimeBar = last_bar_time + 20 * (time - time )
topLine.set_first_point( chart.point.new(trailing.lastTopTime, na, trailing.top))
topLine.set_second_point( chart.point.new(rightTimeBar, na, trailing.top))
topLabel.set_point( chart.point.new(rightTimeBar, na, trailing.top))
topLabel.set_text( swingTrend.bias == BEARISH ? 'Strong High' : 'Weak High')
bottomLine.set_first_point( chart.point.new(trailing.lastBottomTime, na, trailing.bottom))
bottomLine.set_second_point(chart.point.new(rightTimeBar, na, trailing.bottom))
bottomLabel.set_point( chart.point.new(rightTimeBar, na, trailing.bottom))
bottomLabel.set_text( swingTrend.bias == BULLISH ? 'Strong Low' : 'Weak Low')
// @function draw a zone with a label and a box
// @param labelLevel price level for label
// @param labelIndex bar index for label
// @param top top price level for box
// @param bottom bottom price level for box
// @param tag text to display
// @param zoneColor base color
// @param style label style
// @returns void
drawZone(float labelLevel, int labelIndex, float top, float bottom, string tag, color zoneColor, string style) =>
var label l_abel = label.new(na,na,text = tag, color=color(na),textcolor = zoneColor, style = style, size = size.small)
var box b_ox = box.new(na,na,na,na,bgcolor = color.new(zoneColor,80),border_color = color(na), xloc = xloc.bar_time)
b_ox.set_top_left_point( chart.point.new(trailing.barTime,na,top))
b_ox.set_bottom_right_point(chart.point.new(last_bar_time,na,bottom))
l_abel.set_point( chart.point.new(na,labelIndex,labelLevel))
// @function draw premium/discount zones
// @returns void
drawPremiumDiscountZones() =>
drawZone(trailing.top, math.round(0.5*(trailing.barIndex + last_bar_index)), trailing.top, 0.95*trailing.top + 0.05*trailing.bottom, 'Premium', premiumZoneColor, label.style_label_down)
equilibriumLevel = math.avg(trailing.top, trailing.bottom)
drawZone(equilibriumLevel, last_bar_index, 0.525*trailing.top + 0.475*trailing.bottom, 0.525*trailing.bottom + 0.475*trailing.top, 'Equilibrium', equilibriumZoneColorInput, label.style_label_left)
drawZone(trailing.bottom, math.round(0.5*(trailing.barIndex + last_bar_index)), 0.95*trailing.bottom + 0.05*trailing.top, trailing.bottom, 'Discount', discountZoneColor, label.style_label_up)
//---------------------------------------------------------------------------------------------------------------------}
//MUTABLE VARIABLES & EXECUTION
//---------------------------------------------------------------------------------------------------------------------{
parsedOpen = showTrendInput ? open : na
candleColor = internalTrend.bias == BULLISH ? swingBullishColor : swingBearishColor
plotcandle(parsedOpen,high,low,close,color = candleColor, wickcolor = candleColor, bordercolor = candleColor)
if showHighLowSwingsInput or showPremiumDiscountZonesInput
updateTrailingExtremes()
if showHighLowSwingsInput
drawHighLowSwings()
if showPremiumDiscountZonesInput
drawPremiumDiscountZones()
if showFairValueGapsInput
deleteFairValueGaps()
getCurrentStructure(swingsLengthInput,false)
getCurrentStructure(5,false,true)
if showEqualHighsLowsInput
getCurrentStructure(equalHighsLowsLengthInput,true)
if showInternalsInput or showInternalOrderBlocksInput or showTrendInput
displayStructure(true)
if showStructureInput or showSwingOrderBlocksInput or showHighLowSwingsInput
displayStructure()
if showInternalOrderBlocksInput
deleteOrderBlocks(true)
if showSwingOrderBlocksInput
deleteOrderBlocks()
if showFairValueGapsInput
drawFairValueGaps()
if barstate.islastconfirmedhistory or barstate.islast
if showInternalOrderBlocksInput
drawOrderBlocks(true)
if showSwingOrderBlocksInput
drawOrderBlocks()
lastBarIndex := currentBarIndex
currentBarIndex := bar_index
newBar = currentBarIndex != lastBarIndex
if barstate.islastconfirmedhistory or (barstate.isrealtime and newBar)
if showDailyLevelsInput and not higherTimeframe('D')
drawLevels('D',timeframe.isdaily,dailyLevelsStyleInput,dailyLevelsColorInput)
if showWeeklyLevelsInput and not higherTimeframe('W')
drawLevels('W',timeframe.isweekly,weeklyLevelsStyleInput,weeklyLevelsColorInput)
if showMonthlyLevelsInput and not higherTimeframe('M')
drawLevels('M',timeframe.ismonthly,monthlyLevelsStyleInput,monthlyLevelsColorInput)
//---------------------------------------------------------------------------------------------------------------------}
//ALERTS
//---------------------------------------------------------------------------------------------------------------------{
alertcondition(currentAlerts.internalBullishBOS, 'Internal Bullish BOS', 'Internal Bullish BOS formed')
alertcondition(currentAlerts.internalBullishCHoCH, 'Internal Bullish CHoCH', 'Internal Bullish CHoCH formed')
alertcondition(currentAlerts.internalBearishBOS, 'Internal Bearish BOS', 'Internal Bearish BOS formed')
alertcondition(currentAlerts.internalBearishCHoCH, 'Internal Bearish CHoCH', 'Internal Bearish CHoCH formed')
alertcondition(currentAlerts.swingBullishBOS, 'Bullish BOS', 'Internal Bullish BOS formed')
alertcondition(currentAlerts.swingBullishCHoCH, 'Bullish CHoCH', 'Internal Bullish CHoCH formed')
alertcondition(currentAlerts.swingBearishBOS, 'Bearish BOS', 'Bearish BOS formed')
alertcondition(currentAlerts.swingBearishCHoCH, 'Bearish CHoCH', 'Bearish CHoCH formed')
alertcondition(currentAlerts.internalBullishOrderBlock, 'Bullish Internal OB Breakout', 'Price broke bullish internal OB')
alertcondition(currentAlerts.internalBearishOrderBlock, 'Bearish Internal OB Breakout', 'Price broke bearish internal OB')
alertcondition(currentAlerts.swingBullishOrderBlock, 'Bullish Swing OB Breakout', 'Price broke bullish swing OB')
alertcondition(currentAlerts.swingBearishOrderBlock, 'Bearish Swing OB Breakout', 'Price broke bearish swing OB')
alertcondition(currentAlerts.equalHighs, 'Equal Highs', 'Equal highs detected')
alertcondition(currentAlerts.equalLows, 'Equal Lows', 'Equal lows detected')
alertcondition(currentAlerts.bullishFairValueGap, 'Bullish FVG', 'Bullish FVG formed')
alertcondition(currentAlerts.bearishFairValueGap, 'Bearish FVG', 'Bearish FVG formed')
//---------------------------------------------------------------------------------------------------------------------}
Enhanced Kitchen Sink Strategymulti-layered trading system designed for TradingView, targeting a minimum 75% win rate through precise entry signals and robust risk management. Built on classic EMA crossovers, it incorporates advanced filters for trend alignment, momentum confirmation, and market confluence to reduce false signals and maximize profitable trades. Ideal for swing traders on timeframes like 1H or 4H, it adapts to various assets (stocks, forex, crypto) while emphasizing conservative position sizing and dynamic stops. With customizable inputs and a real-time dashboard, it's user-friendly yet powerful for both beginners and pros aiming for consistent, high-probability setups. Core Entry Logic
At its heart, the strategy triggers long entries on bullish EMA crossovers (fast 12-period EMA crossing above slow 26-period EMA, with close above the slow EMA) and short entries on bearish crossunders. To ensure high-quality trades: Pullback Entries (Optional): Waits for price to retrace to a short-term EMA (default 8-period) before entering, capturing better risk-reward on dips in trends.
Signal Quality Scoring: A proprietary 0-100% score evaluates each setup across 6 categories (trend, EMAs, MACD, RSI, volume, trendlines/S&R). Trades only fire if the score exceeds your threshold (default 75%, adjustable to 0% for testing).
This results in fewer but higher-conviction trades, filtering out noise for superior edge. Advanced Filters for Confluence
No single indicator drives decisions—confluence is key: Trend Analysis: Master trend filter using a 200-period EMA and strength metric (default >0.5% deviation). Optional higher-timeframe (e.g., daily) confirmation via EMA and MACD alignment.
MACD Double Confirmation: Requires MACD line above/below signal (9-period) with optional histogram momentum buildup.
RSI + Divergence: Filters for neutral RSI zones (40-70 for longs, 30-60 for shorts) and detects bullish/bearish divergences over 20 bars.
Volume Profile: Demands above-average volume (1.5x 20-period SMA) with buying/selling pressure analysis.
Trendlines & S/R: Auto-detects dynamic trendlines from pivots (10-bar lookback) and support/resistance zones (100-bar lookback, 3+ touches), avoiding entries near key levels.
Session Filters: Trades only during London/NY sessions (UTC-based), skipping high-volatility news windows (e.g., 1:30-2:00 PM UTC).
All filters are toggleable, allowing you to dial in aggressiveness—disable for more signals during backtesting.Risk Management & Position Sizing
Safety first: Uses 100% equity per trade with 0.1% commission simulation. Stops & Targets: ATR-based (14-period) stop-loss (1x ATR) and take-profit (2.5x ATR) for 1:2.5 risk-reward.
Breakeven Moves: Auto-shifts stop to +0.1% entry after 1% profit.
Trailing Stops: Optional 1.5x ATR trail to lock in gains during runners.
No pyramiding—flat after each close for clean, low-drawdown performance.
Visualization & Insights On-Chart: Plots EMAs, pullback lines, S/R dashes, trend backgrounds (green/red), and entry labels/shapes.
Dashboard: Real-time table shows trend status, HTF bias, quality scores, MACD/RSI/volume readouts, session info, ATR, price, and position.
Customization: 20+ inputs grouped by category; max 500 labels for clean charts.
Performance Edge & Usage Tips
Backtested for 75%+ win rates in trending markets, this strategy shines in volatile assets like EURUSD or BTCUSD. Start with defaults on 1H charts, then tweak filters (e.g., lower quality to 50%) for ranging conditions. Always forward-test—past results aren't guarantees. Download, apply, and elevate your trading with confluence-driven precision!
EMA 200 MultiTF G/R + Cross Alerts by LifeHack Trader1. Indicator Setup
The script starts by defining the version of Pine Script (v5) and creating an indicator called "EMA 200 MultiTF G/R + Cross Alerts by LifeHack Trader."
The overlay=true parameter ensures that the indicator is plotted directly on the price chart.
2. Function to Get EMA200
A custom function getEma200 is defined to retrieve the 200-period Exponential Moving Average (EMA) for a specified timeframe (tf).
This function uses the request.security function to fetch the close price's EMA from different timeframes.
3. Calculate EMA200 for Multiple Timeframes
The script calculates the EMA200 for four timeframes: 15 minutes ("15"), 1 hour ("60"), 4 hours ("240"), and 1 day ("D").
These values are stored in variables (ema15, ema1h, ema4h, ema1d) and represent the EMA for each timeframe.
4. Determine Price Above or Below EMA200 (G/R)
For each timeframe, the script checks whether the closing price is above or below the EMA200.
It uses boolean checks to determine if the price is above the EMA200, assigning the status "G" (Green) for above and "R" (Red) for below.
5. Cross Signal Detection (Up/Down)
The script detects crossovers and crossunders between the price and EMA200 for each timeframe.
A crossover signal is detected when the price crosses above the EMA200 (bullish), and a crossunder signal is detected when the price crosses below the EMA200 (bearish).
These signals are stored in separate variables (crossUp, crossDown).
6. Display a Table with G/R Status and Cross Alerts
A table is created and displayed in the top-right corner of the chart. The table shows the status (G or R) for each timeframe and the cross signal (▲ for crossover, ▼ for crossunder, or - for no cross event).
The table is updated with the respective values for each timeframe every time a new bar is formed.
7. Alert Conditions
The script defines alert conditions based on the crossovers and crossunders.
When a price crosses above the EMA200 (cross-up), an alert is triggered for a potential buy opportunity. When the price crosses below the EMA200 (cross-down), an alert is triggered for a potential sell opportunity.
Alerts are configured for each timeframe (15 minutes, 1 hour, 4 hours, and 1 day).
This script provides a comprehensive system for monitoring price action relative to the EMA200 on multiple timeframes, highlighting crossovers, and delivering visual feedback and alerts based on the price's relationship with the EMA.
Trend Bars with Okuninushi Line Filter# Trend Bars with Okuninushi Line Filter: A Powerful Trading Indicator
## Introduction
The **Trend Bars with Okuninushi Line Filter** is an innovative technical indicator that combines two powerful concepts: trend bar analysis and the Okuninushi Line filter. This indicator helps traders identify high-quality trending moves by analyzing candle body strength relative to the overall price range while ensuring the price action aligns with the dominant market structure.
## What Are Trend Bars?
Trend bars are candles where the body (distance between open and close) represents a significant portion of the total price range (high to low). These bars indicate strong directional momentum with minimal indecision, making them valuable signals for trend continuation.
### Key Characteristics:
- **Strong directional movement**: Large body relative to total range
- **Minimal upper/lower shadows**: Shows sustained pressure in one direction
- **High conviction**: Represents decisive market action
## The Okuninushi Line Filter
The Okuninushi Line, also known as the Kijun Line in Ichimoku analysis, is calculated as the midpoint of the highest high and lowest low over a specified period (default: 52 periods).
**Formula**: `(Highest High + Lowest Low) / 2`
This line acts as a dynamic support/resistance level and trend filter, helping to:
- Identify the overall market bias
- Filter out counter-trend signals
- Provide confluence for trade entries
## How the Indicator Works
The indicator combines these two concepts with the following logic:
### Bull Trend Bars (Green)
A candle is colored **green** when ALL conditions are met:
1. **Bullish candle**: Close > Open
2. **Strong body**: |Close - Open| ≥ Threshold × (High - Low)
3. **Above trend filter**: Close > Okuninushi Line
### Bear Trend Bars (Red)
A candle is colored **red** when ALL conditions are met:
1. **Bearish candle**: Close < Open
2. **Strong body**: |Close - Open| ≥ Threshold × (High - Low)
3. **Below trend filter**: Close < Okuninushi Line
### Neutral Bars (Gray)
All other candles that don't meet the complete criteria are colored **gray**.
## Customizable Parameters
### Trend Bar Threshold
- **Range**: 10% to 100%
- **Default**: 75%
- **Purpose**: Controls how "strong" a candle must be to qualify as a trend bar
**Threshold Effects:**
- **Low (10-30%)**: More sensitive, catches smaller trending moves
- **Medium (50-75%)**: Balanced approach, filters out most noise
- **High (80-100%)**: Very selective, only captures the strongest moves
### Okuninushi Line Length
- **Default**: 52 periods
- **Purpose**: Determines the lookback period for calculating the midpoint
- **Common Settings**:
- 26 periods: More responsive to recent price action
- 52 periods: Standard setting, good balance
- 104 periods: Longer-term trend perspective
## Trading Applications
### 1. Trend Continuation Signals
- **Green bars**: Look for bullish continuation opportunities
- **Red bars**: Consider bearish continuation setups
- **Gray bars**: Exercise caution, mixed signals
### 2. Market Structure Analysis
- Clusters of same-colored bars indicate strong trends
- Alternating colors suggest choppy, indecisive markets
- Transition from red to green (or vice versa) may signal trend changes
### 3. Entry Timing
- Use colored bars as confirmation for existing trade setups
- Wait for color alignment with your market bias
- Avoid trading during predominantly gray periods
### 4. Risk Management
- Gray bars can serve as early warning signs of weakening trends
- Color changes might indicate appropriate exit points
- Use in conjunction with other risk management tools
## Advantages
1. **Dual Filtering**: Combines momentum (trend bars) with trend direction (Okuninushi Line)
2. **Visual Clarity**: Immediate visual feedback through candle coloring
3. **Customizable**: Adjustable parameters for different trading styles
4. **Versatile**: Works across multiple timeframes and instruments
5. **Objective**: Rule-based system reduces subjective interpretation
## Limitations
1. **Lagging Nature**: Based on historical price data
2. **False Signals**: Can produce whipsaws in choppy markets
3. **Parameter Sensitivity**: Requires optimization for different instruments
4. **Market Conditions**: May be less effective in ranging markets
## Best Practices
### Optimization Tips:
- **Volatile Markets**: Use higher thresholds (80-90%)
- **Steady Trends**: Use moderate thresholds (60-75%)
- **Short-term Trading**: Shorter Okuninushi Line periods (26)
- **Long-term Analysis**: Longer Okuninushi Line periods (104+)
### Combination Strategies:
- Pair with volume indicators for confirmation
- Use alongside support/resistance levels
- Combine with other trend-following indicators
- Consider market context and overall trend direction
## Conclusion
The Trend Bars with Okuninushi Line Filter offers traders a sophisticated yet intuitive way to identify high-quality trending moves. By combining the momentum characteristics of trend bars with the directional filter of the Okuninushi Line, this indicator helps traders focus on the most promising opportunities while avoiding low-probability setups.
Remember that no single indicator should be used in isolation. Always consider market context, risk management, and other technical factors when making trading decisions. The true power of this indicator lies in its ability to quickly highlight periods of strong, aligned price action – exactly what trend traders are looking for.
---
*Disclaimer: This article is for educational purposes only and should not be considered as financial advice. Always conduct your own research and consider your risk tolerance before making any trading decisions.*
Bitcoin vs. Gold correlation with lagBTC vs Gold (Lag) + Correlation — multi-timeframe, publication notes
What it does
Plots Gold on the same chart as Bitcoin, with a configurable lead/lag.
Lets you choose how the series is displayed:
Gold shifted forward (+lag on chart) — shows gold ahead of BTC on the time axis (visual offset).
Gold aligned to BTC (gold lag) — standard alignment; gold is lagged for calculation and plotted in place.
BTC 200D Lag (BTC shifted forward) — visualizes BTC shifted forward (like popular “BTC 200D Lag” charts).
Computes Pearson correlations between BTC (no lag) and Gold (with lag) over multiple lookback windows equivalent to:
30d, 60d, 90d, 180d, 365d, 2y (730d), 3y (1095d), 5y (1825d).
Shows a table with the correlation values, automatically scaled to the current timeframe.
Why this is useful
A common macro claim is that BTC tends to follow Gold with a delay (e.g., ~200 trading days). This tool lets you:
Visually advance Gold (or BTC) to see that lead-lag relationship on the chart.
Quantify the relationship with rolling correlations.
Switch timeframes (D/W/M/…): everything automatically stays in sync.
Quick start
Open a BTC chart (any exchange).
Add the indicator.
Set Gold symbol (default TVC:GOLD; alternatives: OANDA:XAUUSD, COMEX:GC1!, etc.).
Choose Lag value and Lag unit (Days/Weeks/Months/Years/Bars).
Pick Visual Mode:
To mirror those “BTC 200D Lag” posts: choose “BTC 200D Lag (BTC shifted forward)” with 200 Days.
To view Gold 200D ahead of BTC: select “Gold shifted forward (+lag on chart)” with 200 Days.
Keep Rebase to 100 ON for an apples-to-apples visual scale. (You can move the study to the left price scale if needed.)
Inputs
Gold symbol: external series to pair with BTC.
Lag value: numeric value.
Lag unit: Days, Weeks, Months (≈30d), Years (≈365d), or direct Bars.
Visual mode:
Gold shifted forward (+lag on chart) → gold is offset to the right by the lag (visual only).
Gold aligned to BTC (gold lag) → standard plot (no visual offset); correlations still use lagged gold.
BTC 200D Lag (BTC shifted forward) → BTC is offset to the right by the lag (visual only).
Rebase to 100 (visual): rescales each series to 100 on its first valid bar for clearer comparison.
Show gold without lag (debug): optional reference line.
Show price tag for gold (lag): toggles the track price label.
Timeframe handling
The study uses the current chart timeframe for both BTC and Gold (timeframe.period).
Lag in time units (Days/Weeks/Months/Years) is internally converted to an integer number of bars of the active timeframe (using timeframe.in_seconds).
Example: on W (weekly), 200 days ≈ 29 bars.
On intraday timeframes, days are converted proportionally.
Correlation math
Correlation = ta.correlation(BTC, Gold_lagged, length_in_bars)
Lookback lengths are the bar-equivalents of 30/60/90/180/365/730/1095/1825 days in the active timeframe.
Important: correlations are computed on prices (not returns). If you prefer returns-based correlation (often more statistically robust), duplicate the script and replace price inputs with change(close) or ta.roc(close, 1).
Reading the table
Window: nominal day label (e.g., 30d, 1y, 5y).
Bars (TF): how many bars that window equals on the current timeframe.
Correlation: Pearson coefficient . Background tint shows intensity and sign.
Tips & caveats
Visual offsets (offset=) move series on screen only; they don’t affect the math. The math always uses BTC (no lag) × Gold (lagged).
With large lags on high timeframes, early bars will be na (normal). Scroll forward / reduce lag.
If your Gold feed doesn’t load, try an alternative symbol that your plan supports.
Rebase to 100 helps visibility when BTC ($100k) and Gold ($2k) share a scale.
Months/Years use 30/365-day approximations. For exact control, use Days or Bars.
Correlations on very short lengths or sparse data can be unstable; consider the longer windows for sturdier signals.
This is a visual/analytical tool, not a trading signal. Always apply independent risk management.
Suggested setups
Replicate “BTC 200D Lag” charts:
Visual Mode: BTC 200D Lag (BTC shifted forward)
Lag: 200 Days
Rebase: ON
Gold leads BTC (Gold ahead):
Visual Mode: Gold shifted forward (+lag on chart)
Lag: 200 Days
Rebase: ON
Compatibility: Pine v6, overlay study.
Best with: BTCUSD (any exchange) + a reliable Gold feed.
Author’s note: Lead-lag relationships are not stable over time; treat correlations as descriptive, not predictive.
Contract Interest Turnover T3 [T69]Overview
--------
Contract Interest Turnover (CIT) estimates how “churny” a crypto derivatives market is by comparing the amount traded in a bar to the base stock of outstanding contracts (open interest). It normalizes both Volume and Open Interest (OI) by Price (Close), then plots a Turnover Rate = (Volume/Close) ÷ (OI/Close) as colored columns. Higher values = faster contract recycling (strong momentum / hype potential).
Features
--------
- Auto-fetch OI: Pulls OI via request.security(_OI, …) when the exchange/symbol exposes an OI stream on TradingView.
- Price-normalized comparison: Converts both Volume and OI into comparable notional terms by dividing each by Close.
- Turnover columns with threshold: Color the columns green once Turnover ≥ your set threshold; gray otherwise.
- Status-line readouts: Displays normalized Volume and OI values for quick sanity checks.
- Crypto-aware timeframe: Uses chart TF for crypto; forces daily OI when not crypto to avoid noisy intraday pulls.
How to Use
----------
1. Add the script on a perpetual/futures symbol that has OI on TradingView (e.g., BTC perps where an _OI feed exists).
2. Watch the Turnover Rate bars: spikes above your threshold flag sessions where contracts are actively flipping.
3. Interpret spikes as a signal of movement or activity — it does not specify price direction, only that the market is engaged and contracts are being traded more intensely than usual.
Configuration
-------------
- Interest Turnover Threshold (default 1.0): colors columns green when Turnover ≥ threshold. Tune per market’s typical churn profile.
Under the Hood (Formulas & Logic)
---------------------------------
- Fetch OI
oiClose ← request.security(ticker.standard(syminfo.tickerid) + "_OI", timeframe, close) with ignore_invalid_symbol = true.
If none is found, the script throws a clear runtime error.
- Normalize to price
vol_norm = volume / close
oi_norm = oiClose / close
This converts both to a common notional basis so their ratio is meaningful even as price changes.
- Turnover Rate
turnover = vol_norm / oi_norm
Interpretation: fraction/multiples of the outstanding contract base traded in the bar. Color = green if turnover ≥ threshold.
Why Open Interest ≈ “Float” Proxy
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In stocks, float ≈ shares the public can trade. In derivatives, there are no “shares,” so Open Interest acts as the live stock of active contracts. It’s the best proxy for “what’s available in play” because it counts open positions that persist across bars. Using Volume ÷ OI mirrors stock float-turnover logic: how fast the tradable base is being recycled each period.
Why Normalize by Price
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Derivatives volume and OI may be reported in contracts, not notional value. One contract’s economic weight changes with price (especially on inverse contracts). Dividing both Volume and OI by Close:
- Puts them on a comparable notional footing.
- Prevents false spikes purely from price moves.
- Makes Turnover comparable across time even as price trends.
Advanced Tips
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- Calibrate threshold: Start from the 80th–90th percentile of the last 60–90 bars of Turnover; set the threshold a touch below that to surface early heat.
- Add OI-delta: Layer an OI change histogram (current − prior) to separate new positioning from pure churn.
- Linear vs inverse: For linear (USDT-margined) contracts, the normalization still works and keeps visuals consistent; for inverse, it’s essential.
Limitations
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- Data availability: Works only if your symbol exposes an _OI feed on TradingView; otherwise it errors out.
- Exchange conventions: Volume units differ by venue (contracts, coin, notional). Normalization mitigates, but cross-symbol comparisons still need caution.
- Intrabar gaps: OI is typically end-of-bar; rapid intrabar shifts won’t appear until the bar closes.
Notes
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- Designed primarily for crypto derivatives. For non-crypto, the script blanks OI to avoid misleading plots and uses a daily TF when needed.
Credit
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- Concept & data: Built for TradingView data feeds.
- Acknowledgment: Credit to TradingView default indicator as requested.
- Source: This write-up reflects the logic present in your uploaded script.
Disclaimer
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Markets move; indicators simplify. Use with position sizing, hard stops, and catalyst awareness. The Turnover Rate flags activity, not direction.
[blackcat] L2 Trend LinearityOVERVIEW
The L2 Trend Linearity indicator is a sophisticated market analysis tool designed to help traders identify and visualize market trend linearity by analyzing price action relative to dynamic support and resistance zones. This powerful Pine Script indicator utilizes the Arnaud Legoux Moving Average (ALMA) algorithm to calculate weighted price calculations and generate dynamic support/resistance zones that adapt to changing market conditions. By visualizing market zones through colored candles and histograms, the indicator provides clear visual cues about market momentum and potential trading opportunities. The script generates buy/sell signals based on zone crossovers, making it an invaluable tool for both technical analysis and automated trading strategies. Whether you're a day trader, swing trader, or algorithmic trader, this indicator can help you identify market regimes, support/resistance levels, and potential entry/exit points with greater precision.
FEATURES
Dynamic Support/Resistance Zones: Calculates dynamic support (bear market zone) and resistance (bull market zone) using weighted price calculations and ALMA smoothing
Visual Market Representation: Color-coded candles and histograms provide immediate visual feedback about market conditions
Smart Signal Generation: Automatic buy/sell signals generated from zone crossovers with clear visual indicators
Customizable Parameters: Four different ALMA smoothing parameters for various timeframes and trading styles
Multi-Timeframe Compatibility: Works across different timeframes from 1-minute to weekly charts
Real-time Analysis: Provides instant feedback on market momentum and trend direction
Clear Visual Cues: Green candles indicate bullish momentum, red candles indicate bearish momentum, and white candles indicate neutral conditions
Histogram Visualization: Blue histogram shows bear market zone (below support), aqua histogram shows bull market zone (above resistance)
Signal Labels: "B" labels mark buy signals (price crosses above resistance), "S" labels mark sell signals (price crosses below support)
Overlay Functionality: Works as an overlay indicator without cluttering the chart with unnecessary elements
Highly Customizable: All parameters can be adjusted to suit different trading strategies and market conditions
HOW TO USE
Add the Indicator to Your Chart
Open TradingView and navigate to your desired trading instrument
Click on "Indicators" in the top menu and select "New"
Search for "L2 Trend Linearity" or paste the Pine Script code
Click "Add to Chart" to apply the indicator
Configure the Parameters
ALMA Length Short: Set the short-term smoothing parameter (default: 3). Lower values provide more responsive signals but may generate more false signals
ALMA Length Medium: Set the medium-term smoothing parameter (default: 5). This provides a balance between responsiveness and stability
ALMA Length Long: Set the long-term smoothing parameter (default: 13). Higher values provide more stable signals but with less responsiveness
ALMA Length Very Long: Set the very long-term smoothing parameter (default: 21). This provides the most stable support/resistance levels
Understand the Visual Elements
Green Candles: Indicate bullish momentum when price is above the bear market zone (support)
Red Candles: Indicate bearish momentum when price is below the bull market zone (resistance)
White Candles: Indicate neutral market conditions when price is between support and resistance zones
Blue Histogram: Shows bear market zone when price is below support level
Aqua Histogram: Shows bull market zone when price is above resistance level
"B" Labels: Mark buy signals when price crosses above resistance
"S" Labels: Mark sell signals when price crosses below support
Identify Market Regimes
Bullish Regime: Price consistently above resistance zone with green candles and aqua histogram
Bearish Regime: Price consistently below support zone with red candles and blue histogram
Neutral Regime: Price oscillating between support and resistance zones with white candles
Generate Trading Signals
Buy Signals: Look for price crossing above the bull market zone (resistance) with confirmation from green candles
Sell Signals: Look for price crossing below the bear market zone (support) with confirmation from red candles
Confirmation: Always wait for confirmation from candle color changes before entering trades
Optimize for Different Timeframes
Scalping: Use shorter ALMA lengths (3-5) for 1-5 minute charts
Day Trading: Use medium ALMA lengths (5-13) for 15-60 minute charts
Swing Trading: Use longer ALMA lengths (13-21) for 1-4 hour charts
Position Trading: Use very long ALMA lengths (21+) for daily and weekly charts
LIMITATIONS
Whipsaw Markets: The indicator may generate false signals in choppy, sideways markets where price oscillates rapidly between support and resistance
Lagging Nature: Like all moving average-based indicators, there is inherent lag in the calculations, which may result in delayed signals
Not a Standalone Tool: This indicator should be used in conjunction with other technical analysis tools and risk management strategies
Market Structure Dependency: Performance may vary depending on market structure and volatility conditions
Parameter Sensitivity: Different markets may require different parameter settings for optimal performance
No Volume Integration: The indicator does not incorporate volume data, which could provide additional confirmation signals
Limited Backtesting: Pine Script limitations may restrict comprehensive backtesting capabilities
Not Suitable for All Instruments: May perform differently on stocks, forex, crypto, and futures markets
Requires Confirmation: Signals should always be confirmed with other indicators or price action analysis
Not Predictive: The indicator identifies current market conditions but does not predict future price movements
NOTES
ALMA Algorithm: The indicator uses the Arnaud Legoux Moving Average (ALMA) algorithm, which is known for its excellent smoothing capabilities and reduced lag compared to traditional moving averages
Weighted Price Calculations: The bear market zone uses (2low + close) / 3, while the bull market zone uses (high + 2close) / 3, providing more weight to recent price action
Dynamic Zones: The support and resistance zones are dynamic and adapt to changing market conditions, making them more responsive than static levels
Color Psychology: The color scheme follows traditional trading psychology - green for bullish, red for bearish, and white for neutral
Signal Timing: The signals are generated on the close of each bar, ensuring they are based on complete price action
Label Positioning: Buy signals appear below the bar (red "B" label), while sell signals appear above the bar (green "S" label)
Multiple Timeframes: The indicator can be applied to multiple timeframes simultaneously for comprehensive analysis
Risk Management: Always use proper risk management techniques when trading based on indicator signals
Market Context: Consider the overall market context and trend direction when interpreting signals
Confirmation: Look for confirmation from other indicators or price action patterns before entering trades
Practice: Test the indicator on historical data before using it in live trading
Customization: Feel free to experiment with different parameter combinations to find what works best for your trading style
THANKS
Special thanks to the TradingView community and the Pine Script developers for creating such a powerful and flexible platform for technical analysis. This indicator builds upon the foundation of the ALMA algorithm and various moving average techniques developed by technical analysis pioneers. The concept of dynamic support and resistance zones has been refined over decades of market analysis, and this script represents a modern implementation of these timeless principles. We acknowledge the contributions of all traders and developers who have contributed to the evolution of technical analysis and continue to push the boundaries of what's possible with algorithmic trading tools.
Cyclic Reversal Engine [AlgoPoint]Overview
Most indicators focus on price and momentum, but they often ignore a critical third dimension: time. Markets move in rhythmic cycles of expansion and contraction, but these cycles are not fixed; they speed up in trending markets and slow down in choppy conditions.
The Cyclic Reversal Engine is an advanced analytical tool designed to decode this rhythm. Instead of relying on static, lagging formulas, this indicator learns from past market behavior to anticipate when the current trend is statistically likely to reach its exhaustion point, providing high-probability reversal signals.
It achieves this by combining a sophisticated time analysis with a robust price-action confirmation.
How It Works: The Core Logic
The indicator operates on a multi-stage process to identify potential turning points in the market.
1. Market Regime Analysis (The Brain): Before analyzing any cycles, the indicator first diagnoses the current "personality" of the market. Using a combination of the ADX, Choppiness Index, and RSI, it classifies the market into one of three primary regimes:
- Trending: Strong, directional movement.
- Ranging: Sideways, non-directional chop.
- Reversal: An over-extended state (overbought/oversold) where a turn is imminent.
2. Adaptive Cycle Learning (The "Machine Learning" Aspect): This is the indicator's smartest feature. It constantly analyzes past cycles by measuring the bar-count between significant swing highs and swing lows. Crucially, it learns the average cycle duration for each specific market regime. For example, it learns that "in a strong trending market, a new swing low tends to occur every 35 bars," while "in a ranging market, this extends to 60 bars."
3. The Countdown & Timing Signal: The indicator identifies the last major swing high or low and starts a bar-by-bar countdown. Based on the current market regime, it selects the appropriate learned cycle length from its memory. When the bar count approaches this adaptive target, the indicator determines that a reversal is "due" from a timing perspective.
4. Price Confirmation (The Trigger): A signal is never generated based on timing alone. Once the timing condition is met (the cycle is "due"), the indicator waits for a final price-action confirmation. The default confirmation is the RSI entering an extreme overbought or oversold zone, signaling momentum exhaustion. The signal is only triggered when Time + Price Confirmation align.
How to Use This Indicator
- The Dashboard: The panel in the bottom-right corner is your command center.
- Market Regime: Shows the current market personality analyzed by the engine.
- Adaptive Cycle / Bar Count: This is the core of the indicator. It shows the target cycle length for the current regime (e.g., 50) and the current bar count since the last swing point (e.g., 45). The background turns orange when the bar count enters the "due zone," indicating that you should be on high alert for a reversal.
- BUY/SELL Signals: A label appears on the chart only when the two primary conditions are met:
The timing is right (Bar Count has reached the Adaptive Cycle target).
The price confirms exhaustion (RSI is in an extreme zone).
A BUY signal suggests a downtrend cycle is likely complete, and a SELL signal suggests an uptrend cycle is likely complete.
Key Settings
- Pivot Lookback: Controls the sensitivity of the swing point detection. Higher values will identify more significant, longer-term cycles.
- Market Regime Engine: The ADX, Choppiness, and RSI settings can be fine-tuned to adjust how the indicator classifies the market's personality.
- Require Price Confirmation: You can toggle the RSI confirmation on or off. It is highly recommended to keep it enabled for higher-quality signals.