MTF - Quantum Fibonacci ATR/ADR Levels & Targets V_2.0# Quantum Fibonacci Wave Mechanics v2.0 Release Notes
## 🚀 New Features
- Added multi-timeframe alert system for buy/sell signals
- Implemented dynamic label management with price values
- New mid-level trigger option for additional signals
- New EMA trigger option for confirmation signals
- Signal bar highlighting option
- Customizable line widths for all levels
## 🎨 Visual Improvements
- Completely redesigned label system (left-aligned with offsets)
- More intuitive input organization
- Better color customization options
## ⚙️ Technical Upgrades
- Upgraded to Pine Script v6
- Reduced repainting with stricter confirmation checks
- Optimized performance with proper variable initialization
## ⚠️ Note for Existing Users
- Some color parameters have been renamed
- Label positioning has changed (now with configurable offset)
- Review new mid-level trigger option in strategy settings
## 🐛 Bug Fixes
- Fixed potential repainting issues in signal generation
- Improved label cleanup between periods
- More robust security function implementation
## ⚠️ Caution for Mid-Level & EMA Signals
- Mid-Level Reversals may trigger premature entries in ranging markets.
- EMA crossovers can lag; confirm with price action.
Destek ve Direnç
Session Extremes High/Low ZonesThis indicator highlights the High and Low of the three main trading sessions: Asia, London, and New York, based on configurable time ranges and UTC offset.
It also displays the previous day's and previous week's High and Low as dynamic lines with labels for reference.
🛠️ Features:
Customizable session times (HHMM-HHMM format)
Adjustable UTC offset for correct timezone alignment
Styling options for line colors, widths, styles and transparency
Optional session range shading
🔎 Ideal for traders who use intraday support/resistance levels or want to visualize volatility zones during different sessions.
Built with Pine Script v5. No alerts or trading signals included.
This script is intended for educational and informational purposes only.
TrueTrend MaxRThe TrueTrend MaxR indicator is designed to identify the most consistent exponential price trend over extended periods. It uses statistical analysis on log-transformed prices to find the trendline that best fits historical price action, and highlights the most frequently tested or traded level within that trend channel.
For optimal results, especially on high timeframes such as weekly or monthly, it is recommended to use this indicator on charts set to logarithmic scale. This ensures proper visual alignment with the exponential nature of long-term price movements.
How it works
The indicator tests 50 different lookback periods, ranging from 300 to 1280 bars. For each period, it:
- Applies a linear regression on the natural logarithm of the price
- Computes the slope and intercept of the trendline
- Calculates the unbiased standard deviation from the regression line
- Measures the correlation strength using Pearson's R coefficient
The period with the highest Pearson R value is selected, meaning the trendline drawn corresponds to the log-scale trend with the best statistical fit.
Trendline and deviation bands
Once the optimal period is identified, the indicator plots:
- A main log-scale trendline
- Upper and lower bands, based on a user-defined multiple of the standard deviation
These bands help visualize how far price deviates from its core trend, and define the range of typical fluctuations.
Point of Control (POC)
Inside the trend channel, the space between upper and lower bands is divided into 15 logarithmic levels. The script evaluates how often price has interacted with each level, using one of two selectable methods:
- Touches: Counts the number of candles crossing each level
- Volume: Weighs each touch by the traded volume at that candle
The level with the highest cumulative interaction is considered the dynamic Point of Control (POC), and is plotted as a line.
Annualized performance and confidence display
When used on daily or weekly timeframes, the script also calculates the annualized return (CAGR) based on the detected trend, and displays:
- A performance estimate in percentage terms
- A textual label describing the confidence level based on the Pearson R value
Why this indicator is useful
- Automatically detects the most statistically consistent exponential trendline
- Designed for log-scale analysis, suited to long-term investment charts
- Highlights key price levels frequently visited or traded within the trend
- Provides objective, data-based trend and volatility insights
- Displays annualized growth rate and correlation strength for quick evaluation
Notes
- All calculations are performed only on the last bar
- No future data is used, and the script does not repaint
- Works on any instrument or timeframe, with optimal use on higher timeframes and logarithmic scaling
SMA Zone with Breakouts/Tests 1.0.This indicator plots a dynamic “SMA Zone” between two simple moving averages (one applied to lows, one to highs) and highlights key interaction points with the zone:
Breakouts
Bull Break: price closes above the upper SMA
Bear Break: price closes below the lower SMA
Requires confirmation via either above-average volume or an unusually wide bar (spread > ATR) closing near its extreme
Tests & Retests
After a breakout, the first re-entry into the zone edge is labeled “Test,” subsequent re-entries are numbered “Retest,” “2nd Retest,” etc.
Zone Weakening: each additional Test/Retest signifies diminished zone strength—fewer reliable boundaries remain (Traditional S/R theory)
Alerts
Fires a unified “Zone Signal” alert on every Break, Test, and Retest (set condition to “Any alert() function call”).
Disclaimer:
This is not financial advice and should not be used as a standalone trading signal.
It’s designed to draw your attention to important price-zone interactions so you can manually tune in.
The logic can be further enhanced or combined with other indicators/algorithms as part of a more complex trading system.
Diagonal Support and Resistance Trend LinesA simple indicator to plot trend lines.
1. Adjust the "Pivot Lookback" (default: 20) to control pivot sensitivity. Larger values detect more significant pivots.
2. Adjust the "Max Trend Lines" (default: 4) to control how many support/resistance lines are drawn.
The indicator will plot:
1. Red dashed lines for resistance (based on pivot highs).
2. Green dashed lines for support (based on pivot lows).
3. Small red triangles above bars for pivot highs and green triangles below bars for pivot lows.
Cap's Dual Auto Fib RetracementThis will draw both a bullish retracement and a bearish retracement. It's defaulted to just show the 0.618 level as I feel like this is the "make or break" level.
- A close below the bullish 0.618 retracement would be considered very bearish.
- A close above the bearish 0.618 would be considered very bullish.
(You can still configure whichever levels you want, however.)
This script was removed by TradingView last time it was published. I couldn't find another script that would provide both bearish/bullish retracements, so I'm assuming this is "original" enough. Maybe it was removed because the description wasn't long enough, so...
Detailed Description:
This indicator automatically plots Fibonacci retracement levels based on zigzag pivot points for both bullish (low-to-high) and bearish (high-to-low) price movements. It identifies key pivot points using a customizable deviation multiplier and depth setting, then draws Fibonacci levels (0, 0.236, 0.382, 0.5, 0.618, 0.786, 1) with user-defined visibility and colors for each level.
Features:
Deviation: Adjusts sensitivity for detecting pivots (default: 2).
Depth: Sets minimum bars for pivot calculation (default: 10).
Extend Lines: Option to extend lines left, right, or both.
Show Prices/Levels: Toggle price and level labels, with options for value or percentage display.
Labels Position: Choose left or right label placement.
Background Transparency: Customize fill transparency between levels.
Alerts: Triggers when price crosses any Fibonacci level.
Usage: Apply to any chart to visualize potential support/resistance zones. Adjust settings to suit your trading style. Requires sufficient data; use lower timeframes or reduce depth if pivots are not detected.
Note: This is a technical analysis tool and does not provide trading signals or financial advice. Always conduct your own research.
Auto AI Trendlines [TradingFinder] Clustering & Filtering Trends🔵 Introduction
Auto AI trendlines Clustering & Filtering Trends Indicator, draws a variety of trendlines. This auto plotting trendline indicator plots precise trendlines and regression lines, capturing trend dynamics.
Trendline trading is the strongest strategy in the financial market.
Regression lines, unlike trendlines, use statistical fitting to smooth price data, revealing trend slopes. Trendlines connect confirmed pivots, ensuring structural accuracy. Regression lines adapt dynamically.
The indicator’s ascending trendlines mark bullish pivots, while descending ones signal bearish trends. Regression lines extend in steps, reflecting momentum shifts. As the trend is your friend, this tool aligns traders with market flow.
Pivot-based trendlines remain fixed once confirmed, offering reliable support and resistance zones. Regression lines, adjusting to price changes, highlight short-term trend paths. Both are vital for traders across asset classes.
🔵 How to Use
There are four line types that are seen in the image below; Precise uptrend (green) and downtrend (red) lines connect exact price extremes, while Pivot-based uptrend and downtrend lines use significant swing points, both remaining static once formed.
🟣 Precise Trendlines
Trendlines only form after pivot points are confirmed, ensuring reliability. This reduces false signals in choppy markets. Regression lines complement with real-time updates.
The indicator always draws two precise trendlines on confirmed pivot points, one ascending and one descending. These are colored distinctly to mark bullish and bearish trends. They remain fixed, serving as structural anchors.
🟣 Dynamic Regression Lines
Regression lines, adjusting dynamically with price, reflect the latest trend slope for real-time analysis. Use these to identify trend direction and potential reversals.
Regression lines, updated dynamically, reflect real-time price trends and extend in steps. Ascending lines are green, descending ones orange, with shades differing from trendlines. This aids visual distinction.
🟣 Bearish Chart
A Bullish State emerges when uptrend lines outweigh or match downtrend lines, with recent upward momentum signaling a potential rise. Check the trend count in the state table to confirm, using it to plan long positions.
🟣 Bullish Chart
A Bearish State is indicated when downtrend lines dominate or equal uptrend lines, with recent downward moves suggesting a potential drop. Review the state table’s trend count to verify, guiding short position entries. The indicator reflects this shift for strategic planning.
🟣 Alarm
Set alerts for state changes to stay informed of Bullish or Bearish shifts without constant monitoring. For example, a transition to Bullish State may signal a buying opportunity. Toggle alerts On or Off in the settings.
🟣 Market Status
A table summarizes the chart’s status, showing counts of ascending and descending lines. This real-time overview simplifies trend monitoring. Check it to assess market bias instantly.
Monitor the table to track line counts and trend dominance.
A higher count of ascending lines suggests bullish bias. This helps traders align with the prevailing trend.
🔵 Settings
Number of Trendlines : Sets total lines (max 10, min 3), balancing chart clarity and trend coverage.
Max Look Back : Defines historical bars (min 50) for pivot detection, ensuring robust trendlines.
Pivot Range : Sets pivot sensitivity (min 2), adjusting trendline precision to market volatility.
Show Table Checkbox : Toggles display of a table showing ascending/descending line counts.
Alarm : Enable or Disable the alert.
🔵 Conclusion
The multi slopes indicator, blending pivot-based trendlines and dynamic regression lines, maps market trends with precision. Its dual approach captures both structural and short-term momentum.
Customizable settings, like trendline count and pivot range, adapt to diverse trading styles. The real-time table simplifies trend monitoring, enhancing efficiency. It suits forex, stocks, and crypto markets.
While trendlines anchor long-term trends, regression lines track intraday shifts, offering versatility. Contextual analysis, like price action, boosts signal reliability. This indicator empowers data-driven trading decisions.
Support and Resistance ZonesSupport and Resistance Zones— Indicator
Overview :
This indicator dynamically detects and visualizes key support and resistance zones by aggregating price data into synthetic candles. It highlights these critical price areas as shaded boxes that adjust in real-time, providing traders with clear visual cues on where price might find support or resistance.
Key Features :
-Dynamic Zone Detection: Automatically identifies zones formed by consecutive grouped candles meeting customizable criteria.
-Aggregation Factor: Combine multiple bars into synthetic candles to reduce noise and emphasize significant price zones.
-Customizable Zone Length: Extend the zone boxes by a user-defined number of bars beyond the current price for enhanced visualization.
-Visual Styling: Fully customizable zone fill and border colors to suit your chart preferences.
-Zone Lifecycle Control: Option to terminate old zones to maintain a clean chart.
-Breakout Alerts: Trigger alerts when price breaks above or below confirmed zones, signaling potential trading opportunities.
Inputs :
-Minimum Candles to Form Zone: Sets how many consecutive synthetic candles must align to form a valid zone.
-Aggregation Factor: Defines how many bars are combined to create a synthetic candle.
-Zone Fill and Border Colors: Customize the appearance of zones on the chart.
-Terminate Old Zones: Enable or disable automatic removal of previous zones.
-Box Extension Bars: Number of bars the zone boxes extend beyond their detected range for better visibility.
How to Use :
1. Apply the Indicator : Add it to your chart on any timeframe or market (Forex, stocks, crypto).
2. Set Input : Adjust the minimum candles, aggregation factor, and box extension bars based on your trading style and timeframe. For example, higher aggregation smooths noise for longer-term zones.
3. Visualize Zones : Watch as the indicator dynamically draws shaded boxes representing areas of support and resistance. Zones will grow as price action confirms their strength.
4. Monitor Breakouts : Use breakout alerts to be notified when price decisively moves beyond a zone, providing signals for possible entries or exits.
5.Customize Appearance : Adjust colors and enable zone termination to keep your chart clear and focused.
This tool simplifies identifying important price levels, reducing manual analysis time and helping you make informed trading decisions.
Triangle Asc/Descending Patterns [Drobode]█ DESCRIPTION
The script automatically tracks the descending or ascending triangle pattern. The script provides advanced settings, allowing you to adjust the pattern accuracy from high to low depending on your needs and technical analysis style. The main goal of the script is to facilitate the routine work of a trader in identifying certain trading situations (patterns). However, you should understand that the script is not a full-fledged self-sufficient strategy, in case of receiving a signal, it is recommended that you additionally conduct a comprehensive thorough analysis before taking trading actions. The script can be useful for traders of all levels, both beginners and experienced analysts. This variation of the script, in case of identifying a pattern, draws a contour triangle with the background color of the figure. The ascending triangle has a blue color, the descending triangle has a red color. The logic of the script provides that one of the legs (one side) of the triangle is always a horizontal line, simultaneously being a line of resistance or support, other variations of triangle patterns are not tracked. According to generally defined beliefs and observations of pattern formation, a descending and ascending triangle may indicate a possible breakdown of the conditional horizontal level to which the price of the instrument has approached, however, at the same time it is necessary to deeply analyze many other factors at this point, in particular, such as volumes, consolidation, volatility, and so on.
█ SCRIPT SETTINGS
By default, the script was pre-developed and tested on the M15 timeframe with the USDT.P crypto futures instruments.
Alert
The Alert function in the script is enabled by default, you just need to activate the Alert in the TradingView window and select the signal source - Triangle Asc/Descending Patterns .
The notification provides the following information (example):
Triangle_Ascending
Ticker- EGLDUSDT.P
Price-19.754
Timeframe- 15
Period length-160
Periods length
The script allows you to set the period length (number) of bars on which the calculation will be performed. Different periods make it possible to cover more timeframes (in particular, larger timeframes). The calculation is performed simultaneously on all periods, but you can turn off "Period length 3" and "Period length 4" by clicking on the check mark, this can speed up the script. The following period values are set by default: "Period length 1" – 80,
"Period length 2" – 160, "Period length 3" – 300, "Period length 4" – 681.
Percentage deviation of extremes
The next settings are the percentage deviation from the hypotenuse and horizontal leg, which creates the zone in which the extremes of the bars that will form the triangle shape should be. The smaller the deviation, the greater the accuracy and the closer to the hypotenuse and leg the bar extrema should be, however, in this case the number of pattern identifications will be smaller. By default, the deviation zone from the hypotenuse "Deflection zone of tangents to the hypotenuse" is - 0.4%, the deviation zone from the horizontal leg "Tangent deviation zone horizontal leg" is - 0.08%.
The presence of extrema at certain points on the sides of a triangle
The last block of settings are the conditions that increase the accuracy of the proportions of the pattern figure. These settings are aimed at confirming the presence of extrema in certain areas along the hypotenuse and horizontal leg. Thus, enabling "Extrema on the horizontal leg almost along the entire length" means that only those triangles will be tracked in which the horizontal leg zone has extrema almost along the entire length of this leg, this increases the accuracy but reduces the number of detected patterns. "Extremes present on second half of horizontal leg (more than 50%)" assumes that only those triangles will be tracked in which the extrema are present on the second half of the length of the given leg (more than 50%) in the zone of the horizontal leg. "Presence of an extrema in the middle region of the hypotenuse" assumes that only those triangles will be tracked in which the extrema are present on a certain segment of length in the central region of the hypotenuse.
BG Ichimoku Tenkan MTFBG Ichimoku Tenkan MTF: Your Multi-Timeframe Trend Compass
Elevate your Ichimoku analysis with the BG Ichimoku Tenkan MTF indicator. This powerful tool provides a comprehensive view of the Tenkan-sen (Conversion Line) across multiple timeframes, helping you identify trends and potential shifts with greater clarity. It's ideal for all markets, including stocks, cryptocurrencies, Forex, and futures.
Key Features:
Main Tenkan-sen Plot: Visualize the Tenkan-sen for your active chart timeframe with adjustable color.
Multi-Timeframe Table: A dynamic table displays the Tenkan-sen's relationship to price (🔼 for above, 🔽 for below) and its current value for up to 7 timeframes.
Continuous MTF Lines: Plot the Tenkan-sen from higher timeframes directly on your current chart, providing clear support/resistance levels and trend confluence.
Fully Customizable Colors: Personalize the color for each individual timeframe in the table and for its corresponding MTF line, ensuring a clean and intuitive visual experience. You can also adjust the main Tenkan-sen color and the MTF line offset.
Gain a deeper understanding of market dynamics by analyzing the Tenkan-sen across different time scales, all in one intuitive indicator.
We created this indicator to help you better navigate the markets. Thank you for using it, and we hope it brings you value. Enjoy it in your daily analysis!
Bab
Support and Resistance Profile with Volatility ClusteringThe indicator begins by looking at recent volatility behavior in the market: it measures the average true range over your chosen “Length” and compares it to the average true range over ten times that period. When volatility over the short window is high relative to longer-term volatility, we mark that period as a “cluster.” As price moves through these clusters—whether in a quiet period or a sudden burst of activity—the script isolates each cluster and examines the sequence of closing prices within it.
Within every cluster, the algorithm next finds the points along the price path that matter most to a human eye, smoothing out minor wobbles and highlighting the peaks and valleys that define the cluster’s shape. It does this by drawing a straight line between the beginning and end of the cluster, then repeatedly snapping the single point that deviates most from that line back onto it and re-interpolating, until it has identified a fixed number of perceptually important points. Those points capture where price really turned or accelerated, stripping away noise so that you see the genuine memory-markers in each volatility episode.
Each of those important points inherits a “weight” based on the cluster’s normalized volatility—essentially how large the average true range in that cluster was relative to its average close. Over your “Main Length for Profile” window, every time one of these weighted points occurs at a particular price level, it adds to a running total in that level’s bin. At the end of the window you see a silhouette of boxes extending to the right of the chart: where boxes are wide, many important points (with high volatility weight) have happened there in the past; where boxes are thin or absent, price memory is light.
For a trader, the value of this profile lies in spotting zones where the market has repeatedly “remembered” price extremes during volatile episodes—those are areas where support or resistance is likely to be strongest. Conversely, gaps in the profile—price levels with little weighted history—suggest frictionless zones. If price enters such a gap, it may move swiftly until it encounters another region of heavy memory. You can use this in several ways: as a filter on breakouts and breakdowns (only trade through a gap when you see sufficient momentum), as a guide for scaling into positions (add when price enters a low-memory zone and tighten stops where memory boxes thicken), or to anticipate where price might pause or reverse (when it reaches a band of wide boxes). By turning raw volatility clusters into a human-readable map of price memory, this tool helps you see at a glance where the market is likely to push or pause—and plan entries, exits, and risk targets accordingly.
Multi-Session ORBThe Multi-Session ORB Indicator is a customizable Pine Script (version 6) tool designed for TradingView to plot Opening Range Breakout (ORB) levels across four major trading sessions: Sydney, Tokyo, London, and New York. It allows traders to define specific ORB durations and session times in Central Daylight Time (CDT), making it adaptable to various trading strategies.
Key Features:
1. Customizable ORB Duration: Users can set the ORB duration (default: 15 minutes) via the inputMax parameter, determining the time window for calculating the high and low of each session’s opening range.
2. Flexible Session Times: The indicator supports user-defined session and ORB times for:
◦ Sydney: Default ORB (17:00–17:15 CDT), Session (17:00–01:00 CDT)
◦ Tokyo: Default ORB (19:00–19:15 CDT), Session (19:00–04:00 CDT)
◦ London: Default ORB (02:00–02:15 CDT), Session (02:00–11:00 CDT)
◦ New York: Default ORB (08:30–08:45 CDT), Session (08:30–16:00 CDT)
3. Session-Specific ORB Levels: For each session, the indicator calculates and tracks the high and low prices during the specified ORB period. These levels are updated dynamically if new highs or lows occur within the ORB timeframe.
4. Visual Representation:
◦ ORB high and low lines are plotted only during their respective session times, ensuring clarity.
◦ Each session’s lines are color-coded for easy identification:
▪ Sydney: Light Yellow (high), Dark Yellow (low)
▪ Tokyo: Light Pink (high), Dark Pink (low)
▪ London: Light Blue (high), Dark Blue (low)
▪ New York: Light Purple (high), Dark Purple (low)
◦ Lines are drawn with a linewidth of 2 and disappear when the session ends or if the timeframe is not intraday (or exceeds the ORB duration).
5. Intraday Compatibility: The indicator is optimized for intraday timeframes (e.g., 1-minute to 15-minute charts) and only displays when the chart’s timeframe multiplier is less than or equal to the ORB duration.
How It Works:
• Session Detection: The script uses the time() function to check if the current bar falls within the user-defined ORB or session time windows, accounting for all days of the week.
• ORB Logic: At the start of each session’s ORB period, the script initializes the high and low based on the first bar’s prices. It then updates these levels if subsequent bars within the ORB period exceed the current high or fall below the current low.
• Plotting: ORB levels are plotted as horizontal lines during the respective session, with visibility controlled to avoid clutter outside session times or on incompatible timeframes.
Use Case:
Traders can use this indicator to identify key breakout levels for each trading session, facilitating strategies based on price action around the opening range. The flexibility to adjust ORB and session times makes it suitable for various markets (e.g., forex, stocks, or futures) and time zones.
Limitations:
• The indicator is designed for intraday timeframes and may not display on higher timeframes (e.g., daily or weekly) or if the timeframe multiplier exceeds the ORB duration.
• Time inputs are in CDT, requiring users to adjust for their local timezone or market requirements.
• If you need to use this for GC/CL/SPY/QQQ you have to adjust the times by one hour.
This indicator is ideal for traders focusing on session-based breakout strategies, offering clear visualization and customization for global market sessions.
HTF High/Low Targets This script plots the previous Highs and Lows of the 1HR, 4HR, Daily, and Weekly timeframes.
Each level is color-coded, extends across the chart, and includes labels to help you spot key areas of past support and resistance.
Use this tool to:
- Confirm intraday price reactions at HTF zones
- Identify high-probability reversal or breakout areas
- Get notified with built-in alerts when price crosses a level
You can toggle each timeframe level on/off in the settings panel.
Great for:
- Day traders and scalpers who trade off 1-minute or 5-minute charts
-Swing traders looking for confluence with HTF zones
- Anyone using a multi-timeframe analysis approach
Created by @mychaellesliemedia.
Supply and Demand Zones🔍 Supply and Demand Zones
by The_Forex_Steward
This indicator automatically identifies Supply and Demand Zones based on aggregated synthetic candles, helping traders pinpoint potential reversal or breakout levels with clarity and precision.
🧠 How It Works:
This tool aggregates price data over a set number of candles (defined by the Aggregation Factor ) to create "synthetic candles" that smooth out noise and highlight significant institutional price activity. These candles are then analyzed to detect bullish or bearish order blocks , which are visualized as zones:
-Demand Zones (Green) : Formed when price breaks above the high of a previous bearish synthetic candle.
-Supply Zones (Red) : Formed when price breaks below the low of a previous bullish synthetic candle.
These areas often represent key institutional interest where price is likely to react.
⚙️ Key Features:
-Aggregation Factor : Groups candles to form larger, synthetic ones. Higher values smooth price and reduce noise.
-Custom Zone Length : Define how far zones extend forward (up to 500 bars).
-Mitigation Logic : Choose whether to auto-delete zones once price breaks through them.
-Visual Customization : Customize zone colors and borders to suit your charting style.
-Alerts : Get notified when new Supply or Demand zones are formed.
📈 How to Use It:
1. Trend Trading : Use zones as dynamic support/resistance to enter with trend pullbacks.
2. Reversals : Look for price reactions at untested zones for potential counter-trend setups.
3. Breakouts : Monitor for zone breaks that signal strong momentum or shifts in market structure.
4. Confluence : Combine with other indicators (like RSI or volume) for more robust trade setups.
🔔 Alerts:
Receive alerts when new demand or supply zones are formed so you can take action in real time.
✅ Recommended Settings:
For intraday trading : Use lower aggregation values (e.g., 3–5).
For swing/position trading : Higher values (e.g., 6–10) may give better structure.
ATS LOGIC CHART EXPERT V5.0### **ATS Logic Chart Expert V5.0**
#### **Wyckoff-Inspired Automated Trend & Structure Analysis Tool**
---
### **🔹 Overview**
**ATS Logic Chart Expert V5.0** is an advanced Wyckoff-based charting indicator designed for automated trend analysis, support/resistance mapping, and breakout signal generation. It intelligently plots key price structure lines and identifies high-probability reversal signals using the Wyckoff accumulation/distribution model (LPS/LPSY), making it ideal for both swing traders and trend followers.
---
### **🔹 Key Features**
#### **1️⃣ Automated Price Structure Lines**
- **Smart detection of swing highs/lows** with auto-plotting of critical support/resistance
- **White Dashed Line (Resistance)** – Formed by prior downtrends, marks potential breakout zones
- **Red Dashed Line (Support)** – Derived from uptrends, signals breakdown risks
- **Up/Down Triangle Markers** – Highlight key pivot points for manual S/R refinement
#### **2️⃣ Wyckoff LPS/LPSY Signal Engine**
| **Signal** | **Trigger Condition** | **Market Implication** |
|------------|----------------------|-----------------------|
| **LPS (Last Point of Support)** | Break above white resistance (confirms accumulation) | Bullish trend initiation |
| **CVG LPS (Covered LPS)** | Retest & second breakout | Stronger bullish confirmation |
| **LPSY (Last Point of Supply)** | Breakdown below red support (confirms distribution) | Bearish trend initiation |
| **CVG LPSY (Covered LPSY)** | Pullback & second breakdown | Stronger bearish confirmation |
#### **3️⃣ Breakout Signals (BK1/SK1)**
- **BK1 (Breakout 1)** – First close above white resistance, early long opportunity
- **SK1 (Short Kill 1)** – First close below red support, early short opportunity
- **Optimized for momentum traders** to capture initial trend acceleration
---
### **🔹 Signal Logic Deep Dive**
#### **📈 Bullish Scenario (LPS / BK1)**
1. **Accumulation Phase**: Price consolidates near lows, forming a base
2. **Breakout**: Price breaches white resistance → triggers **LPS** or **BK1**
3. **Retest Reinforcement**: Successful retest & rebound → confirms **CVG LPS**
#### **📉 Bearish Scenario (LPSY / SK1)**
1. **Distribution Phase**: Price churns near highs, creating topping patterns
2. **Breakdown**: Price cracks red support → triggers **LPSY** or **SK1**
3. **Pullback Reinforcement**: Failed rebound → confirms **CVG LPSY**
---
### **🔹 Practical Applications**
✅ **Trend Trading**: Ride LPS/LPSY-confirmed trends
✅ **Reversal Trading**: Fade extremes with BK1/SK1 early alerts
✅ **S/R Trading**: Use auto-plotted lines for limit orders
---
### **🔹 Customization Tips**
- **Adjust sensitivity**: Modify swing point detection periods per asset volatility
- **Signal filters**: Combine with moving averages/volume for fewer false breaks
---
### **🔹 Conclusion**
**ATS Logic Chart Expert V5.0** delivers:
- **Hands-free structure mapping** (no manual drawing)
- **Institutional-grade reversal signals** (Wyckoff LPS/LPSY)
- **First-mover advantage** (BK1/SK1 early entries)
> ⚠️ **Risk Note**: Always use stop-losses. Backtest for optimal settings in ranging markets.
---
**Ideal For**:
• Wyckoff method practitioners
• Price action traders
• Breakout strategy enthusiasts
Liquidity Fvg IdentifierDear Traders,
This indicator is very effective and supports Price action Traders.
Swing Identification
This automatically Detect swings level and mark as per the chart Time frame. these lines can be used for support and resistance.This is represented by Yellow and Blue lines
There is an option to put Higher time frame swing levels and these are represented by Green and Red Lines. Eg: if you are trading in 5 mins and you also want 1 hour swing levels , then you can get this by selecting higher time frame 1 hour and select both Chart and Htf in the option provided.
Trade: If price is approaching where both Times frames swing lines are coinciding these levels act as strong Support and Resistance . You need to wait for proper price action to form and take Trades.
FVG
This also automatically detect Fare Value Gaps and mark as per the chart Time Frame. These can be used for reversal trades . This is represented buy purple blocks
There is an option to put higher time frame FVG and these are represented by Red Blocks. Eg : if you are trading in 15 mins and you also want 4 hours FVG, then you can get this by selecting Higher time frame 4 hours and select both chart and HTF in the option provided.
Trade: If price is approaching where both time frames FVG are coinciding , these box will act as strong support and reversal. wait for proper price action and trade can be taken.
Volume Breakout.
This will automatically detect and volume breakout of last 60 candles and plots below the candle. These can be adjusted in setting as per requirement. suppose you want for last 30 candles , you can select 30 and it will plot below candle when ever there is breakout.
Trade: When ever volume breakout is coming near swing or fvg support or resistance , this can be considered to support reversal.
Pls take your financial advisor suggesting before using taking trades .
any suggestion reach to us thru message
Thanks
IPDA with Order Blocks [Enhanced]Summary of the Code
This script plots IPDA Standard Deviations on a price chart, helping traders visualize potential support and resistance levels based on a series of user-defined deviations. It uses swing high/low points and time-based fractal lookbacks (monthly, weekly, daily, or intraday) to define price anchors and compute deviation lines.
Key features include:
Deviations: It calculates and plots deviation levels based on the distance between swing highs and lows, which traders can use as price targets or zones of interest.
Timeframes:
Monthly (higher timeframe analysis)
Weekly (medium-term analysis)
Daily and Intraday (shorter-term precision)
Customization:
Choose which deviation levels (e.g., 0, 1, -1, -2) to display.
Hide labels or adjust their sizes for cleaner charts.
Option to remove invalidated deviation levels dynamically.
Visual Cleanliness: Automatically removes clutter by hiding or deleting invalid deviation levels and focusing on active price zones.
How to Utilize It for Intraday Trading to Make $1,000
Here’s how to effectively use the indicator to optimize intraday trading:
1. Set the Right Timeframe:
Use the 15-minute or 1-hour chart for intraday setups.
Ensure the "Intraday" lookback option is enabled to focus on shorter-term swings.
2. Interpret the Levels:
Bearish Order Blocks: Look for red lines (bearish deviation) as potential resistance zones where the price may reverse downward.
Bullish Order Blocks: Look for green lines (bullish deviation) as potential support zones where the price may bounce upward.
3. Plan Entries and Exits:
Entry: Buy near a green order block or short near a red order block, confirming the trade with additional signals (e.g., candlestick patterns, momentum indicators).
Stop Loss: Place your stop below the green line (for buys) or above the red line (for shorts).
Profit Targets: Use deviation levels as targets (e.g., from the 0 level to +1 or -1).
4. Combine with Market Context:
Use the script alongside volume profile, trend indicators, or news events for confirmation.
Avoid trading during major news events unless aligned with deviations.
5. Position Sizing for $1,000 Goal:
Trade liquid instruments like Nasdaq futures (NQ) or major forex pairs.
Risk 1-2% of your capital on each trade and scale into positions if confirmed.
Target a profit of 10-20 points per trade on Nasdaq futures, with 1-2 trades daily.
6. Monitor Key Timeframes:
Pre-market (before 9:30 AM EST): Mark deviation levels to predict market open behavior.
Midday & Power Hour (3-4 PM EST): Watch for breakouts or retests around key deviation levels.
By combining this tool with disciplined risk management and a clear trading plan, you can systematically work toward your profit target while minimizing unnecessary risks
Full Day Midpoint Line with Dynamic StdDev Bands (ETH & RTH)A Pine Script indicator designed to plot a midpoint line based on the high and low prices of a user-defined trading session (typically Extended Trading Hours, ETH) and to add dynamic standard deviation (StdDev) bands around this midpoint.
Session Midpoint Line:
The midpoint is calculated as the average of the session's highest high and lowest low during the defined ETH period (e.g., 4:00 AM to 8:00 PM).
This line represents a central tendency or "fair value" for the session, similar to a pivot point or volume-weighted average price (VWAP) anchor.
Interpretation:
Prices above the midpoint suggest bullish sentiment, while prices below indicate bearish sentiment.
The midpoint can act as a dynamic support/resistance level, where price may revert to or react at this level during the session.
Dynamic StdDev Bands:
The bands are calculated by adding/subtracting a multiple of the standard deviation of the midpoint values (tracked in an array) from the midpoint.
The standard deviation is dynamically computed based on the historical midpoint values within the session, making the bands adaptive to volatility.
Interpretation:
The upper and lower bands represent potential overbought (upper) and oversold (lower) zones.
Prices approaching or crossing the bands may indicate stretched conditions, potentially signaling reversals or breakouts.
Trend Identification:
Use the midpoint as a reference for the session’s trend. Persistent price action above the midpoint suggests bullishness, while below indicates bearishness.
Combine with other indicators (e.g., moving averages, RSI) to confirm trend direction.
Support/Resistance Trading:
Treat the midpoint as a dynamic pivot point. Price rejections or consolidations near the midpoint can be entry points for mean-reversion trades.
The StdDev bands can act as secondary support/resistance levels. For example, price reaching the upper band may signal a potential short entry if accompanied by reversal signals.
Breakout/Breakdown Strategies:
A strong move beyond the upper or lower band may indicate a breakout (bullish above upper, bearish below lower). Confirm with volume or momentum indicators to avoid false breakouts.
The dynamic nature of the bands makes them useful for identifying significant price extensions.
Volatility Assessment:
Wider bands indicate higher volatility, suggesting larger price swings and potentially riskier trades.
Narrow bands suggest consolidation, which may precede a breakout. Traders can prepare for volatility expansions in such scenarios.
The "Full Day Midpoint Line with Dynamic StdDev Bands" is a versatile and visually intuitive indicator well-suited for day traders focusing on session-specific price action. Its dynamic midpoint and volatility-adjusted bands provide valuable insights into support, resistance, and potential reversals or breakouts.
Megazones📦 Megazones — Auto-Expanding Range Detection
Megazones is a dynamic tool that detects price expansion ranges based on pivot structure. It automatically plots a pair of horizontal lines when both pivot highs and pivot lows are expanding — signaling directional strength and potential breakout zones.
🧠 How It Works:
- Pivot Detection: The script finds local highs/lows using a configurable Pivot Lookback length.
- Expansion Logic: It checks for consecutive higher highs and higher lows (configurable count).
- Zone Projection: When both expansions are detected, it draws a fading "zone" using two horizontal lines based on the latest pivot high and low.
⚙️ Settings:
- Pivot Lookback: How far left/right to confirm a pivot.
- Expansion Detection Window: How many bars back to keep pivots in memory.
- Min Expanding Highs/Lows: How many higher highs/lows must occur in a row to trigger zone detection.
🔍 Key Concept:
It identifies moments when the market is forming a structured expansion, where both higher highs and higher lows appear sequentially — suggesting potential breakout pressure or momentum continuation.
✅ Use Cases:
- Visual confirmation of building bullish structure.
- Anticipating breakout areas from clean expansion phases.
- Identifying trend-following continuation zones.
Long Wick Detector [LuxAlgo]The Long Wick Detector tool allows traders to identify candle wicks longer than a user-defined volatility threshold. This makes it useful for spotting zones with high supply or demand.
The tool displays mitigated and unmitigated levels and changes the color of the candles based on wick size and level breakouts.
🔶 USAGE
By default, the tool displays long mitigated and unmitigated candle wicks, with a maximum duration for an unmitigated long wick of 1,000 bars. What does all this mean?
🔹 Wick Threshold
Traders can adjust the volatility threshold to identify long wicks, with a higher threshold detecting more significant wicks.
As we can see in the image above, the tool detects more wicks with a smaller threshold compared to a higher one.
🔹 Level %
Traders can choose the percentage of the wick at which the level is located. By default, the level is displayed at the extremes of the wick. This parameter accepts values between 0 and 100.
100: extreme of the wick
50: middle of the wick
0: start of the wick
🔹 Max Duration
This parameter allows traders to specify the number of bars for the levels. The tool will only display mitigated or unmitigated levels up to the specified number of bars.
As shown in the above image, a longer duration allows more room for mitigation, displaying more levels.
🔹 Colored Candles
The tool allows for color customization using two parameters from the settings panel. The chart shows the different outputs.
The setting "Wick-Based Transparency" makes candles with smaller wicks less visible and candles with longer wicks more visible.
On the other hand, "Breakout-Based Color" changes the base color of the candles based on the mitigation of long wicks. When the price breaks above a detected top wick, the bullish color is used. When the price breaks below a detected bottom wick, the bearish color is used.
🔶 SETTINGS
Wick Threshold: The volatility threshold for wick detection. Use a smaller value to detect smaller wicks.
Level %: Placement of the plotted level relative to the wick.
Max Duration: The maximum duration in bars of mitigated wicks.
Mitigated Wicks: Enable or disable mitigated wicks.
🔹 Style
Wick Based Transparency: Make candles with smaller wicks more transparent and candles with longer wicks more solid.
Breakout Based Color: Change the base color based on wick mitigation.
Bullish & Bearish Colors
Premarket High/Low (Horizontal Rays)=== Script Description ===
This TradingView script automatically detects and displays the high and low prices
during the premarket session (04:00–09:30 Eastern Time) for the current trading day.
It draws horizontal rays that extend across the chart and labels them as "PM High" and "PM Low".
These markers are refreshed daily and only apply to today's session.
The script also provides full customization for:
- Line color, width, and style (solid, dotted, dashed)
- Label text color, background color, size, and style (left, right, up, down)
Time note: This script assumes data aligned with U.S. market hours.
AxisAxis Indicator: Dynamic Trend Lines & Support/Resistance with Trading Mode Presets
Overview
The Axis indicator is a powerful, all-in-one tool for traders, designed to identify key trend lines and support/resistance (S&R) levels across various trading strategies. With 11 predefined trading modes—Scalping, Day Trading, Swing Trading, Long-Term, Position Trading, Breakout Trading, Mean Reversion, Trend Following, Range Trading, Volatility Trading, and Counter-Trend Trading—Axis adapts to your trading style by automatically adjusting parameters like volume Moving Average (MA) periods, fractal lookbacks, and alert proximity. Built-in timeframe validation ensures you’re using the optimal chart timeframe for your selected mode, with a warning label displayed if the timeframe is unsuitable. Whether you’re a scalper chasing quick moves or a position trader eyeing long-term trends, Axis provides precise, volume-filtered signals to enhance your trading decisions.
How It Works
Axis plots two sets of trend lines (A and B) and two sets of S&R levels (A and B) on your chart, each tailored to the selected trading mode:
Trend Lines (A & B): Identifies uptrend and downtrend lines using pivot highs/lows with mode-specific lookback periods. Lines are drawn only when volume exceeds the mode’s volume MA, ensuring high-probability signals.
Support/Resistance (A & B): Plots horizontal S&R levels based on pivot highs/lows, filtered by volume to highlight significant price levels.
Volume MA: Uses a mode-specific MA type (SMA, EMA, WMA, HMA, or VWMA) to validate pivots. MA periods are scaled by timeframe (e.g., 1m, 1h, Daily) and capped at 5,000 candles to prevent errors.
Timeframe Validation: Checks if the chart’s timeframe matches the mode’s recommended range (e.g., 5m–1h for Volatility Trading). If not, a yellow warning label appears (e.g., “Timeframe may not suit Scalping”).
Alerts: Triggers alerts for new trend lines, S&R levels, and price crosses, allowing real-time trade monitoring.
Trading Modes & Recommended Timeframes
Each mode is preconfigured with optimized settings for specific strategies and timeframes:
Scalping (1m–15m): Fast signals with short lookbacks (1–3 bars) and tight alerts (0.2%) for intraday scalps.
Day Trading (15m–1h): Intraday focus with moderate lookbacks (2–4 bars) and 0.3% alert proximity.
Swing Trading (1h–4h): Multi-day/week trades with balanced settings (2–5 bars, 0.5% alerts).
Long-Term (Daily–Weekly): Major trends with longer lookbacks (3–7 bars, 1.0% alerts).
Position Trading (Weekly–Monthly): Long-term moves with robust settings (4–20 bars, 1.5% alerts).
Breakout Trading (30m–4h): Detects breakouts with sensitive settings (1–4 bars, 0.25% alerts).
Mean Reversion (1h–Daily): Targets reversals with moderate settings (3–8 bars, 0.7% alerts).
Trend Following (4h–Weekly): Captures trends with longer lookbacks (4–18 bars, 1.2% alerts).
Range Trading (1h–4h): Optimized for consolidation with balanced settings (2–6 bars, 0.4% alerts).
Volatility Trading (5m–1h): High-volatility markets with ultra-sensitive settings (1–2 bars, 0.15% alerts).
Counter-Trend Trading (4h–Daily): Contrarian reversals with robust settings (3–9 bars, 0.9% alerts).
Key Features
11 Trading Modes: Preconfigured settings for diverse strategies, eliminating manual tuning.
Dynamic Volume MA: Supports SMA, EMA, WMA, HMA, and VWMA, scaled by timeframe for accuracy.
Timeframe Validation: Warns if the chart timeframe doesn’t suit the mode, preventing suboptimal setups.
Customizable Visuals: Adjust line widths and colors for trend lines and S&R levels.
Comprehensive Alerts: Alerts for new trend lines, S&R levels, and price crosses, integrable with TradingView’s alert system.
Performance Optimized: MA periods capped at 5,000 candles to avoid errors and ensure smooth operation.
How to Use
Add to Chart: Apply the Axis indicator to your TradingView chart.
Select Trading Mode: Choose a mode from the “Trading Mode” dropdown in the indicator settings (e.g., Volatility Trading for crypto on 5m).
Check Timeframe: Ensure your chart’s timeframe matches the mode’s recommended range (e.g., 5m–1h for Volatility Trading). A yellow warning label appears if the timeframe is unsuitable.
Customize Visuals: Adjust line widths and colors for trend lines (A & B) and S&R (A & B) in the settings.
Set Alerts: Create alerts for new trend lines, S&R levels, or price crosses via TradingView’s alert menu.
Trade Signals:
Trend Lines: Use uptrend/downtrend lines for trend confirmation or breakout setups.
S&R Levels: Trade bounces or breaks at support/resistance, confirmed by volume.
Alerts: Act on price cross alerts for entries/exits based on your strategy.
Tips for Best Results
Match Timeframe to Mode: Stick to recommended timeframes (e.g., 1h–4h for Swing Trading) to maximize signal accuracy. Heed warning labels for timeframe mismatches.
Test Across Assets: Volatility Trading shines in crypto during news events, while Range Trading suits forex/stocks in consolidation.
Backtest Strategies: Convert Axis to a strategy (e.g., enter on S&R cross, exit after X bars) to validate performance.
Optimize for Performance: If lag occurs on low timeframes, reduce the MA cap to 2,500 (edit math.min(..., 2500) in the code).
Combine with Other Tools: Pair Axis with indicators like RSI or MACD for confluence.
Why Choose Axis?
Axis simplifies technical analysis by offering a single indicator that adapts to your trading style. Its mode-based presets, volume-filtered signals, and timeframe validation make it ideal for traders of all levels, from scalpers to long-term investors. Whether you’re trading crypto, forex, or stocks, Axis delivers actionable insights with minimal setup.
Feedback & Support
If you have questions, suggestions, or need help customizing Axis, feel free to comment or contact me via TradingView. Your feedback helps improve the indicator for the community!
Support and Resistance Power Channel [ChartPrime]The Support and Resistance Power Channel indicator helps traders visualize key support and resistance zones, along with buy and sell power within those zones. By identifying the highest and lowest prices within a defined range, this indicator provides insight into potential price reversals and market strength. It calculates the strength of buy and sell pressure within the zones and includes additional features like midline values and delayed signals to reduce false breakouts.
⯁ KEY FEATURES AND HOW TO USE
⯌ Support and Resistance Zones :
This indicator identifies dynamic support (lower zone) and resistance (upper zone) levels, allowing traders to easily visualize key price levels. These zones are customizable with settings for the length of the channel and how far the zones extend into the future. The zones can be used to predict areas of potential price reversal or consolidation.
⯌ Buy and Sell Power :
Within the upper resistance zone, the indicator calculates Sell Power based on the number of bearish candles, while the lower support zone calculates Buy Power based on bullish candles. This feature helps traders understand the strength of buying or selling activity within each zone.
Example of buy and sell power tracking:
⯌ Highest, Lowest, and Mid Price Levels :
The indicator marks the highest and lowest price levels within the channel with an "X," and displays these values at the end of the channel. Additionally, the midline (average of the high and low) is plotted with a dotted line, showing a key area that the price often retests during trends.
⯌ Delayed Signal Markers :
To prevent false breakouts, the indicator includes a 2-bar delay for signals. These signals are plotted when the price crosses above or below the resistance or support zones, confirming potential reversals or breakouts. Arrows or diamonds are used to mark these signals on the chart.
Example of delayed breakout signals on the chart:
⯌ Extend Zones into the Future :
In the settings, traders can extend the support and resistance zones further into the future, allowing for ongoing analysis even after the initial levels have been identified. This feature can help with forward-looking trade planning.
⯁ USER INPUTS
Length : Defines the number of bars used to calculate the support and resistance zones.
Extend : Sets how far the support and resistance zones should be extended into the future.
Top and Bottom Colors : Allows customization of the colors for the support and resistance zones.
⯁ CONCLUSION
The Support and Resistance Power Channel indicator provides a powerful and visually intuitive way to track key market levels, buy and sell pressure, and potential reversals. With its real-time zone plotting and the calculation of power within each zone, it offers traders essential insights for making more informed trading decisions.
