FIBO SWING mfi by julzALGOOVERVIEW
FIBO SWING mfi by julzALGO blends MFI → RSI → Least‑Squares smoothing to flag overbought/oversold swings and continuously plot Fibonacci retracements from the rolling high/low of the last 200 bars. It’s built to spot momentum shifts while giving you a clean, always‑current fib map of the recent market range.
CORE PRINCIPLES
Hybrid Momentum Signal
Uses MFI to integrate price and volume.
Applies RSI to MFI for momentum clarity.
Smooths the result with Least Squares regression to reduce noise.
Swing Identification
Marks potential swing highs when momentum is overbought.
Marks potential swing lows when momentum is oversold.
Fixed-Window Fibonacci Mapping
Always calculates fib levels from the highest high and lowest low of the last 200 bars.
This keeps fib zones consistent, independent of swing point detection.
Visual Clarity & Non-Repainting Logic
Clean labels for OB/OS zones.
Lines and levels update only as new bars confirm changes.
Adaptability
Works on any market and timeframe.
Adjustable momentum length, OB/OS thresholds, and smoothing.
HOW IT WORKS
Computes Money Flow Index (MFI) from price & volume.
Applies RSI to the MFI for clearer OB/OS momentum.
Smooths the hybrid with a Least Squares (linear regression) filter.
Swing labels appear when OB/OS conditions are met (green = swing low, red = swing high).
Fibonacci retracements are always drawn from the highest high and lowest low of the last 200 bars (rolling window), independent of swing labels.
HOW TO USE
Watch for OB/OS flips to mark potential swing highs/lows.
Use the 200‑bar fib grid as your active map of pullback levels and reaction zones.
Combine fib reactions with your price action/volume cues for confirmation.
Works across markets and timeframes.
SETTINGS
Length – Period for both MFI and RSI.
OB/OS Levels – Overbought/oversold thresholds (default 70/30).
Smooth – Least‑Squares smoothing length.
Fibonacci Window – Fixed at 200 bars in this version (changeable in code via fibLen).
NOTES
Logic is non‑repainting aside from standard bar/label confirmation.
Increase Length on very low timeframes to reduce noise.
Swing labels help context; fibs are always based on the most recent 200‑bar high/low range.
SUMMARY
FIBO SWING mfi by julzALGO is a momentum-plus-price action tool that merges MFI → RSI → smoothing to identify overbought/oversold swings and automatically plot Fibonacci retracements based on the rolling high/low of the last 200 bars.
It’s designed to help traders quickly see potential reversal points and pullback zones, offering visual confluence between momentum shifts and fixed-window price structure.
DISCLAIMER
For educational purposes only. Not financial advice. Trade responsibly with proper risk management.
Volatilite
TSU Squeeze Target DotsUtility script to help you know when to scale out of a squeeze trade. The red triangles appear after the squeeze has fired, once the stock reaches the +/-2ATR Keltner Channel
TSU Keltner ChannelsA simple 3-in-1 Keltner Channel tool that plots 3 Keltner Channels on your chart:
+/-1 ATR
+/-2 ATR
+/-3 ATR
Stocks tend to stay between the +2 and -2 ATR channel bands most of the time. A move to or beyond the +/-3 ATR band can be considered extreme, potentially leading to "overbought" or "oversold" conditions.
ATR x2 AUTODescription:
This indicator automatically plots ATR-based horizontal levels for each of the most recent candles, helping traders visualize potential stop-loss hunting zones, breakout areas, or price reaction points.
It works by taking the Average True Range (ATR) over a customizable period and multiplying it by a user-defined factor (default: ×2). For each of the last N candles (default: 5), it calculates and draws:
Below green candles (bullish) → A horizontal line placed ATR × multiplier below the candle’s low.
Above red candles (bearish) → A horizontal line placed ATR × multiplier above the candle’s high.
Doji candles → No line is drawn.
Each line extends to the right indefinitely, allowing traders to monitor how price reacts when returning to these ATR-based levels. This makes the tool useful for:
Identifying likely stop-loss clusters below bullish candles or above bearish candles.
Anticipating liquidity sweeps and fakeouts.
Supporting breakout or reversal strategies.
Key Features:
Customizable ATR length, multiplier, number of recent candles, and line thickness.
Separate colors for bullish and bearish candle levels.
Automatic real-time updates for each new bar.
Clean overlay on the main price chart.
Inputs:
ATR Length → Period used for ATR calculation.
Multiplier → Factor applied to the ATR distance.
Number of Candles → How many recent candles to track.
Line Thickness and Colors → Full visual customization.
Usage Tip:
These levels can be combined with key market structure points such as support/resistance, trendlines, or the 200 EMA to anticipate high-probability price reactions.
ABS Companion Oscillator — Trend / Exhaustion / New Trend (v1.1)
# ABS Companion Oscillator — Trend / Exhaustion / New Trend (v1.1)
## What it is (quick take)
**ABS CO** is a unified **–100…+100 trend oscillator** that fuses:
* **Regime**: EMA stack (fast/slow/long) + **HTF slope** (e.g., 60-minute)
* **Momentum**: **TSI** vs its signal
* **Stretch**: session-anchored **VWAP Z-score** for exhaustion and “fresh-trend” sanity checks
It paints the oscillator with **lime** in upstate, **red** in downstate, **gray** in neutral, and tags:
* **NEW↑ / NEW↓** when a **new trend** likely starts (zero-line cross with acceptable stretch)
* **EXH↑ / EXH↓** when an **existing trend looks exhausted** (large |Z| + momentum rollback)
> Use it as a **direction filter and context layer**. Works great in front of an entry engine and behind an exit tool.
---
## How to use it (operational workflow)
1. **Read the state**
* **Uptrend** when the oscillator is **≥ upThresh** (default +55) → prefer **long-side** plays.
* **Downtrend** when the oscillator is **≤ dnThresh** (default −55) → prefer **short-side** plays.
* **Neutral** between thresholds → be selective or flat; expect chop.
2. **Act on events**
* **NEW↑ / NEW↓**: zero-line cross with acceptable |Z| (not already overstretched). Treat as **trend start** cues.
* **EXH↑ / EXH↓**: trend state with **high |Z|** and TSI rollback versus its signal. Treat as **trend fatigue**; avoid fresh go-with entries and tighten risk.
3. **Practical pairing**
* Use **up/down state** (or above/below **neutralBand**) as your go/no-go filter for entries.
* Prioritize entries **with** NEW↑/NEW↓ and **without** nearby EXH tags.
* Keep holding while the oscillator stays in state and no EXH appears; consider scaling out on EXH or on your exit tool.
---
## Visual semantics & alerts
* **ABS CO line** (–100…+100): lime in upstate, red in downstate, gray in neutral.
* **Horizontal guides**: `Up` threshold, `Down` threshold, `Zero`, and optional **neutral band** lines.
* **Background heat** (optional): shaded when EXH conditions trigger (lime/red tint with intensity scaled by |Z|).
* **Tags**: `NEW↑`, `NEW↓`, `EXH↑`, `EXH↓`.
**Alerts (stable):**
* **ABS CO — New Uptrend** (NEW↑)
* **ABS CO — New Downtrend** (NEW↓)
* **ABS CO — Exhausted Up** (EXH↑)
* **ABS CO — Exhausted Down** (EXH↓)
Set alerts to **“Once per bar close”** for clean signals.
---
## Non-repainting behavior
* HTF queries use **lookahead\_off**.
* With **Strict NR = true**, the HTF slope is taken from the **prior completed** HTF bar; events evaluate on confirmed bars → **safer, fewer, cleaner**.
* NEW/EXH tags finalize at bar close. Disabling strictness yields earlier but noisier responses.
---
## Every input explained (and how it changes behavior)
### A) Trend & HTF structure
* **EMA Fast / Slow / Long (`emaFastLen`, `emaSlowLen`, `emaLongLen`)**
Control the baseline regime. Larger = smoother, fewer flips; smaller = snappier, more flips.
* **HTF EMA Len (`htfLen`)** & **HTF timeframe (`htfTF`)**
HTF slope filter. Longer len or higher TF = steadier bias (fewer state changes); shorter/ lower = more sensitive.
* **Strict NR (`strictNR`)**
`true` uses the **previous** HTF bar for slope and evaluates on confirmed bars → cleaner, slower.
### B) Momentum (TSI)
* **TSI Long / Short / Signal (`tsiLong`, `tsiShort`, `tsiSig`)**
Standard TSI. Larger values = smoother momentum, fewer EXH triggers; smaller = snappier, more EXH sensitivity.
### C) Stretch (VWAP Z-score)
* **VWAP Z-score length (`zLen`)**
Window for Z over session-anchored VWAP distance. Larger = smoother |Z|; smaller = more reactive stretch detection.
* **Exhaustion |Z| (`zHot`)**
Minimum |Z| to flag **EXH**. Raise to demand **bigger** stretch (fewer EXH); lower to catch milder excess.
* **Max |Z| for NEW (`zNewMax`)**
NEW requires |Z| **≤ zNewMax** (avoid “new trend” when already stretched). Lower = stricter; higher = more NEW tags.
### D) States & thresholds
* **Uptrend threshold (`upThresh`)** / **Downtrend threshold (`dnThresh`)**
Where the oscillator flips into trend states. Widen (e.g., +60/−60) to reduce false states; narrow to get earlier signals.
* **Neutral band (`neutralBand`)**
Visual buffer around zero for “meh” momentum. Larger band = fewer go/no-go flips near zero.
### E) Visuals & tags
* **Show New / Show Exhausted (`showNew`, `showExh`)**
Toggle the tag labels.
* **Shade exhaustion heat (`plotHeat`)**
On = color background when EXH fires. Helpful for scanning.
### F) Smoothing
* **Osc smoothing (`smoothLen`)**
EMA over the raw composite. Higher = steadier line (fewer whip flips); lower = faster turns.
---
## Tuning recipes
* **Trend-day bias (follow moves longer)**
* Raise **`upThresh`** to \~60 and **`dnThresh`** to \~−60
* Keep **`zNewMax`** low (1.0–1.2) to avoid “fresh trend” when stretched
* **`smoothLen`** 3–5 to reduce noise
* **Range-day bias (fade edges)**
* Keep thresholds closer (e.g., +50/−50) for quicker state changes
* Lower **`zHot`** slightly (1.6–1.7) to catch earlier exhaustion
* Consider slightly shorter TSI (e.g., 21/9/5) for faster EXH response
* **Scalping LTF (1–3m)**
* TSI 21/9/5, **`smoothLen`** 1–2
* Thresholds +/-50; **`zNewMax`** 1.0–1.2; **`zHot`** 1.6–1.8
* StrictNR **off** if you want earlier calls (accept more noise)
* **Swing / HTF (1h–D)**
* TSI 35/21/9, **`smoothLen`** 4–7
* Thresholds +/-60\~65; **`zNewMax`** 1.2; **`zHot`** 1.8–2.0
* StrictNR **on** for cleaner bias
---
## Playbooks (how to actually trade it)
* **Go/No-Go Filter**
* Only take **long entries** when the oscillator is **above the neutral band** (preferably ≥ `upThresh`).
* Only take **short entries** when **below** the neutral band (preferably ≤ `dnThresh`).
* Avoid fresh go-with entries if an **EXH** tag appears; let the next setup re-arm.
* **Trend Genesis**
* Treat **NEW↑ / NEW↓** as “green light” for **first pullback** entries in the new direction (ideally within acceptable |Z|).
* **Trend Maturity**
* When in a position and **EXH** prints **against** you, tighten stops, take partials, or lean on your exit tool to protect gains.
---
## Suggested starting points
* **Day trading (5–15m):**
* TSI 25/13/7, `smoothLen=3`, thresholds **+55 / −55**, `zNewMax = 1.2`, `zHot = 1.8`, **StrictNR = true**
* **Scalping (1–3m):**
* TSI 21/9/5, `smoothLen=1–2`, thresholds **+50 / −50**, `zNewMax = 1.1–1.2`, `zHot = 1.6–1.8`, **StrictNR = false** (optional)
* **Swing (1h–D):**
* TSI 35/21/9, `smoothLen=4–6`, thresholds **+60 / −60**, `zNewMax = 1.2`, `zHot = 1.9–2.0`, **StrictNR = true**
---
## Notes & best practices
* **Session anchoring**: Z-score is session-anchored (resets by trading date). If you trade outside standard sessions, verify your data session.
* **Instrument specificity**: Tune **`zHot`**, **`zNewMax`**, and thresholds per symbol and timeframe.
* **Bar-close discipline**: Evaluate tags at **bar close** to avoid intrabar flip-flop.
* This is a **context/confirmation tool**, not a broker or strategy. Combine with your entry/exit rules and position sizing.
---
**Tip:** Start with the suggested day-trading profile. Use this oscillator as your **gate** (only trade with it), let your entry engine time executions, and rely on your exit tool for standardized profit-taking.
ABS NR — Fail-Safe Confirm (v4.2.2)
# ABS NR — Fail-Safe Confirm (v4.2.2)
## What it is (quick take)
**ABS NR FS** is a **non-repainting “arm → confirm” entry framework** for intraday and swing execution. It blends:
* **Regime** (EMA stack + 60-min slope),
* **Location** (Keltner basis/edges),
* **Stretch** (session-anchored **VWAP Z-score**),
* **Momentum gating** (TSI cross/slope),
* **Guards** (session window, minimum ATR%, gap filter, optional market alignment).
You’ll see a **small dot** when a setup is **armed** (candidate) and a **triangle** when that setup **confirms** within a user-defined number of bars. A **gray “X”** marks a timeout (candidate canceled).
> Tip: This entry tool works best when paired with a trend context filter and a dedicated exit tool.
---
## How to use it (operational workflow)
1. **Read the regime**
* **Bull trend**: fast > slow > long EMA **and** 60-min slope up.
* **Bear trend**: fast < slow < long EMA **and** 60-min slope down.
* **Range**: neither bull nor bear.
2. **Wait for a candidate (dot)**
Two families:
* **Reclaim (trend-following):** price crosses the **KC basis** with acceptable |Z| (not overstretched) and passes the TSI gate.
* **Fade (range-revert):** price **pokes a KC band**, prints a **reversal wick**, |Z| is stretched, and TSI gate agrees.
3. **Trade the confirmation (triangle)**
The confirm must occur **within N bars** and follow your chosen **Confirm mode** logic (see Inputs). If confirmation doesn’t arrive in time, an **X** cancels the candidate.
4. **Use guards to avoid junk**
Session windows (US focus), minimum ATR%, gap guard, and optional **market alignment** (e.g., SPY above EMA20 for longs).
5. **Manage the position**
* Entries: take **triangles** in the direction of your playbook (reclaims with trend; fades in clean ranges).
* Filters and exits: use your own process or pair with a trend/exit companion.
---
## Visual semantics & alerts
* **Candidate L / S (dot)** → a setup armed on this bar.
* **CONFIRM L / S (triangle)** → actionable signal that met confirm rules within your time window.
* **Cancel L / S (X)** → candidate expired without confirmation; ignore the dot.
**Alerts (stable names for automation):**
* **ABS FS — Confirmed** → fires on confirmed long or short.
* **ABS FS — Candidate Armed** → fires as a candidate arms.
---
## Non-repainting behavior (why signals don’t repaint)
* All HTF requests use **lookahead\_off**.
* With **Strict NR = true**, the 60-min slope uses the **prior completed** 60-min bar and arming/confirming only occurs on confirmed bars.
* Confirmation triangles finalize on bar close.
* If you disable strictness, signals may appear slightly earlier but with more intrabar sensitivity.
---
## Inputs reference (what each control does and the trade-offs)
### A) Behavior / Modes
**Mode** (`Turbo / Aggressive / Balanced / Conservative`)
Changes multiple internal thresholds:
* **Turbo** → most signals; relaxes prior-bar break & VWAP-side checks and time/vol/gap guards. Highest frequency, highest noise.
* **Aggressive** → more signals than Balanced, fewer than Turbo.
* **Balanced** → default; steady trade-off of frequency vs. quality.
* **Conservative** → tightens |Z| and other checks; fewest but cleanest signals.
**Strict NR (bar close + prior HTF 60m)**
* **true** = safer: uses prior 60-min slope; arms/confirms on confirmed bars → **fewer/cleaner** signals.
* **false** = earlier and more reactive; slightly noisier.
---
### B) Keltner Channel (location engine)
* **KC EMA Length (`kcLen`)**
Higher → smoother basis (fewer basis crosses). Lower → snappier basis (more crosses).
* **ATR Length (`atrLen`)**
Higher → steadier band width; Lower → more reactive band width.
* **KC ATR Mult (`kcMult`)**
Higher → wider bands (fewer edge pokes → fewer fades). Lower → narrower (more fades).
---
### C) Trend & HTF slope
* **Trend EMA Fast/Slow/Long (`emaFastLen / emaSlowLen / emaLongLen`)**
Larger = slower regime flips (fewer reclaims); smaller = faster flips (more reclaims).
* **HTF EMA Len (60m) (`htfLen`)**
Larger = steadier HTF slope (fewer signals); smaller = more sensitive (more signals).
---
### D) VWAP Z-Score (stretch / mean-revert logic)
* **VWAP Z-Length (`zLen`)**
Window for Z over session-anchored VWAP distance. Larger = smoother |Z| (fewer fades/re-entries). Smaller = more reactive (more).
* **Range Fade |Z| (base) (`zFadeBase`)**
Minimum |Z| to allow **fades** in ranges. Raise to demand more stretch (fewer fades). Lower to take more fades.
* **Max |Z| Trend Re-entry (base) (`maxZTrendBase`)**
Caps how stretched price can be and still permit **reclaims** with trend. Lower = stricter (avoid chases). Higher = will chase further.
---
### E) TSI Momentum Gate
* **TSI Long/Short/Signal (`tsiLong / tsiShort / tsiSig`)**
Larger = smoother/laggier momentum; smaller = snappier.
* **TSI gate (`CrossOnly / CrossOrSlope / Off`)**
* **CrossOnly**: require TSI cross of its signal (strict).
* **CrossOrSlope**: cross *or* favorable slope (balanced default).
* **Off**: no momentum gate (most signals, most noise).
---
### F) Guards (filters to avoid low-quality tape)
* **US focus 09:35–10:30 & 14:00–15:45 (base) (`useTimeBase`)**
`true` limits to high-quality windows. `false` trades all session.
* **Skip N bars after 09:30 ET (`skipFirst`)**
Skips the open scramble. Larger = skip longer.
* **Min volatility ATR% (base)** = `useVolMinBase` + `atrPctMinBase`
Requires `ATR(10)/Close*100 ≥ atrPctMinBase`. Raise threshold to avoid dead tape; lower to accept quieter sessions.
* **Gap guard (base)** = `gapGuardBase` + `gapMul`
Blocks signals when the opening gap exceeds `gapMul * ATR`. Increase `gapMul` to allow more gapped opens; decrease to be stricter.
---
### G) Visuals & Sides
* **Plot Keltner (`plotKC`)** → show/hide basis & bands.
* **Show Longs / Show Shorts** → enable/disable each side.
---
### H) Fail-Safe Confirmation
* **Confirm mode (`BreakHighOnly / BreakHigh+Hold / TwoBarImpulse`)**
* **BreakHighOnly**: confirm by taking out the armed bar’s extreme. Fastest, most frequent.
* **BreakHigh+Hold**: must **break**, have **body ≥ X·ATR**, **and** hold above/below the basis → higher quality, fewer signals.
* **TwoBarImpulse**: decisive follow-through vs. prior bar with **body ≥ X·ATR** → momentum-biased confirmations.
* **Confirm within N bars (`confirmBars`)**
Confirmation window size. Smaller = faster validation; larger = more patience (can be later).
* **Impulse body ≥ X·ATR (`impulseBodyATR`)**
Raise for stronger confirmations (fewer weak triangles). Lower to accept lighter pushes.
* **Require market alignment (`needMarket`) + `marketTicker`**
When enabled: Longs require **market > EMA20 (5m)**; Shorts require **market < EMA20 (5m)**.
* **Diagnostics: Show debug letters (`debug`)**
Tiny “B/C” audit marks for base/confirm while tuning.
---
## Tuning recipes (quick, practical)
* **If you’re getting chopped:**
* Set **Mode = Conservative**
* **Confirm mode = BreakHigh+Hold**
* Raise **impulseBodyATR** (e.g., 0.45)
* Keep **needMarket = true**
* Keep **Strict NR = true**
* **If you need more signals:**
* **Mode = Aggressive** (or Turbo if you accept more noise)
* **Confirm mode = BreakHighOnly**
* Lower **impulseBodyATR** (0.25–0.30)
* Increase **confirmBars** to 3
* **Range-day focus (fades):**
* Keep session guard on
* Raise **zFadeBase** to demand real stretch
* Keep **maxZTrendBase** moderate (don’t chase)
* **Trend-day focus (reclaims):**
* Slightly **lower `maxZTrendBase`** (avoid chasing excessive stretch)
* Use **CrossOrSlope** TSI gating
* Consider turning **needMarket** on
---
## Best practices & notes
* **Instrument specificity:** Tune Z, TSI, and guards per symbol and timeframe.
* **Session awareness:** Session filter uses **exchange-local** time; adjust for non-US markets.
* **Automation:** Use the two provided alert names; they’re stable.
* **Risk management:** Confirmation improves quality but doesn’t remove risk. Always pre-define stop/size logic.
---
## Suggested starting point (balanced profile)
* **Mode = balanced**
* **Strict NR = true**
* **Confirm mode = BreakHigh+Hold**
* **confirmBars = 2**
* **impulseBodyATR ≈ 0.35**
* **needMarket = off** (turn on for extra confluence)
* Leave Keltner/TSI defaults; then nudge `zFadeBase` and `maxZTrendBase` to match your symbol.
---
*This tool is a signal generator, not a broker or strategy. Validate on your markets/timeframes and integrate with your risk plan.*
Key Indicators Dashboard (KID)Key Indicators Dashboard (KID) — Comprehensive Market & Trend Metrics
📌 Overview
The Key Indicators Dashboard (KID) is an advanced multi-metric market analysis tool designed to consolidate essential technical, volatility, and relative performance data into a single on-chart table. Instead of switching between multiple indicators, KID centralizes these key measures, making it easier to assess a stock’s technical health, volatility state, trend status, and relative strength at a glance.
🛠 Key Features
⦿ Average Daily Range (ADR %): Measures average daily price movement over a specified period. It is calculated by averaging the daily price range (high - low) over a set number of days (default 20 days).
⦿ Average True Range (ATR): Measures volatility by calculating the average of a true range over a specific period (default 14). It helps traders gauge the typical extent of price movement, regardless of the direction.
⦿ ATR%: Expresses the Average True Range as a percentage of the price, which allows traders to compare the volatility of stocks with different prices.
⦿ Relative Strength (RS): Compares a stock’s performance to a chosen benchmark index (default NIFTYMIDSML400) over a specific period (default 50 days).
⦿ RS Score (IBD-style): A normalized 1–100 rating inspired by Investor’s Business Daily methodology.
How it works: The RS Score is based on a weighted average of price changes over 3 months (40%), 6 months (20%), 9 months (20%), and 12 months (20%).
The raw value is converted into a percentage return, then normalized over the past 252 trading days so the lowest value maps to 1 and the highest to 100.
This produces a percentile-style score that highlights the strongest stocks in relative terms.
⦿ Relative Volume (RVol): Compares a stock's current volume to its average volume over a specific period (default 50). It is calculated by dividing the current volume by the average historical volume.
⦿ Average ₹ Volume (Turnover): Represents the total monetary value of shares traded for a stock. It's calculated by multiplying a day's closing price by its volume, with the final value converted to crores for clarity. This metric is a key indicator of a stock's liquidity and overall market interest.
⦿ Moving Average Extension: Measures how far a stock's current price has moved from from a selected moving average (EMA or SMA). This deviation is normalized by the stock's volatility (ATR%), with a default threshold of 6 ATR used to indicate that the stock is significantly extended and is marked with a selected shape (default Red Flag).
⦿ 52-Weeks High & Low: Measures a stock's current price in relation to its highest and lowest prices over the past year. It calculates the percentage a stock is below its 52-week high and above its 52-week low.
⦿ Market Capitalization: Market Cap represents the total value of all outstanding.
⦿ Free Float: It is the value of shares readily available for public trading, with the Free Float Percentage showing the proportion of shares available to the public.
⦿ Trend: Uses Supertrend indicator to identify the current trend of a stock's price. A factor (default 3) and an ATR period (default 10) is used to signal whether the trend is up or down.
⦿ Minervini Trend Template (MTT): It is a set of technical criteria designed to identify stocks in strong uptrends.
Price > 50-DMA > 150-DMA > 200-DMA
200-DMA is trending up for at least 1 month
Price is at least 30% above its 52-week low.
Price is within at least 25 percent of its 52-week high
Table highlights when a stock meets all above criteria.
⦿ Sector & Industry: Display stock's sector and industry, provides categorical classification to assist sector-based analysis. The sector is a broad economic classification, while the industry is a more specific group within that sector.
⦿ Moving Averages (MAs): Plot up to four customizable Moving Averages on a chart. You can independently set the type (Simple or Exponential), the source price, and the length for each MA to help visualize a stock's underlying trend.
MA1: Default 10-EMA
MA2: Default 20-EMA
MA3: Default 50-EMA
MA4: Default 200-EMA
⦿ Moving Average (MA) Crossover: It is a trend signal that occurs when a shorter-term moving average crosses a longer-term one. This script identifies these crossover events and plots a marker on the chart to visually signal a potential change in trend direction.
User-configurable MAs (short and long).
A bullish crossover occurs when the short MA crosses above the long MA.
A bearish crossover occurs when the short MA crosses below the long MA.
⦿ Inside Bar (IB): An Inside Bar is a candlestick whose entire price range is contained within the range of the previous bar. This script identifies this pattern, which often signals consolidation, and visually marks bullish and bearish inside bars on the chart with distinct colors and labels.
⦿ Tightness: Identifies periods of low volatility and price consolidation. It compares the price range over a short lookback period (default 3) to the average daily range (ADR). When the lookback range is smaller than the ADR, the indicator plots a marker on the chart to signal consolidation.
⦿ PowerBar (Purple Dot): Identifies candles with a strong price move on high volume. By default, it plots a purple dot when a stock moves up or down by at least 5% and has a minimum volume of 500,000. More dots indicate higher volatility and liquidity.
⦿ Squeezing Range (SQ): Identifies periods of low volatility, which can often precede a significant price move. It checks if the Bollinger Bands have narrowed to a range that is smaller than the Average True Range (ATR) for a set number of consecutive bars (default 3).
(UpperBB - LowerBB) < (ATR × 2)
⦿ Mark 52-Weeks High and Low: Marks and labels a stock's 52-Week High and Low prices directly on the chart. It draws two horizontal lines extending from the candles where the highest and lowest prices occurred over the past year, providing a clear visual reference for long-term price extremes.
⏳PineScreener Filters
The indicator’s alert conditions act as filters for PineScreener.
Price Filter: Minimum and maximum price cutoffs (default ₹25 - ₹10000).
Daily Price Change Filter: Minimum and maximum daily percent change (default -5% and 5%).
🔔 Built-in Alerts
Supports alert creation for:
ADR%, ATR/ATR %, RS, RS Rating, Turnover
Moving Average Crossover (Bullish/Bearish)
Minervini Trend Template
52-Week High/Low
Inside Bars (Bullish/Bearish)
Tightness
Squeezing Range (SQ)
⚙️ Customizable Visualization
Switchable between vertical or horizontal layout.
Works in dark/light mode
User-configurable to toggle any indicator ON or OFF.
User-configurable Moving (EMA/SMA), Period/Lengths and thresholds.
⦿ (Optional) : For horizontal table orientation increase Top Margin to 16% in Chart (Canvas) settings to avoid chart overlapping with table.
⚡ Add this script to your chart and start making smarter trade decisions today! 🚀
High Movers (ATR ÷ Price × 100)ATR Volatility % (ATR ÷ Price × 100), adjust to charts TF. You can adjust the threshold.
Queso Heat IndexQueso Heat Index (QHI) — ATR-Adaptive Edge-Pressure Gauge
QHI measures how strongly price is pressing the edges of a rolling consolidation window. It heats up when price repeatedly pushes the window up , cools down when it pushes down , and drifts back toward neutral when price wanders in the middle. Everything is ATR-normalized so it adapts across symbols and timeframes.
Output: a signed score from −100 … +100
> 0 = bullish pressure (hot)
< 0 = bearish pressure (cold)
≈ 0 = neutral (no side dominating)
What you’ll see on the chart
Rolling “box” (Donchian window): top, bottom, and midline.
Optional compact-box shading when the window height is small relative to ATR.
Background “thermals”: tinted red when Heat > Hot threshold, blue when Heat < Cold threshold (intensity scales with the score).
Optional Heat line (−100..+100), optional 0/±80 thresholds, and optional push markers (PU/PD).
Optional table showing the current Heat score, placeable in any corner.
How it works (under the hood)
Consolidation window — Over lookback bars we track highest high (top), lowest low (bottom), and midpoint. The window is called “compact” when box height ≤ ATR × maxRangeATR .
ATR-based push detection — A bar is a push-up if high > prior window high + (epsATR × ATR + tick buffer) . A push-down if low < prior window low − (epsATR × ATR + tick buffer) . We also measure how many ATRs beyond the edge the bar traveled.
Heat gains (symmetric) — Each push adds/subtracts Heat:
base gain + streak bonus × consecutive pushes + magnitude bonus × ATRs beyond edge .
Decay toward neutral — Each bar, Heat decays by a percentage. Decay is:
– higher in the middle band of the box, and
– adaptive : the farther (in ATRs) from the relevant band (top when hot, bottom when cold), the faster it decays; hugging the band slows decay.
Midpoint bias (optional) — Gentle drift toward hot when trading above mid, toward cold when below mid, with a dead-zone near mid so tiny wobbles don’t matter.
Reset on regime flip (optional) — First valid push from the opposite side can snap Heat back to 0 before applying new gains.
How to read it
Rising hot with slow decay → strong upside pressure; pullbacks that hold near the top band often continue.
Flip to cold after being hot → regime change risk; tighten risk or consider the other side.
Compact window + rising hot (or cold) → squeeze-and-go conditions.
Neutral (≈ 0) → edges aren’t being pressured; expect mean-reversion inside the box.
Key inputs (what they do)
Window & ATR
lookback : size of the Donchian window (longer = smoother, slower).
atrLen : ATR period for all volatility-scaled thresholds.
maxRangeATR : defines “compact” windows for optional shading.
topBottomFrac : how thick the top/bottom bands are (used for decay/pressure logic).
Push detection (ATR-based)
epsATR : how many ATRs beyond the prior edge to count as a real push.
tickBuff : fixed extra ticks beyond the ATR epsilon (filters micro-breaches).
Heat gains
gainBase : main fuel per push.
gainPerStreak : rewards consecutive pushes.
gainPer1ATRBrk : adds more for stronger breakouts past the edge.
resetOppSide : snap back to 0 on the first opposite-side push.
Decay
decayPct : baseline % removed each bar.
decayAccelMid : multiplies decay when price is in the middle band.
adaptiveDecay , decayMinMult , decayPerATR , decayMaxMult : scale decay with ATR distance from the nearest “target” band (top if hot, bottom if cold).
Midpoint bias
useMidBias : enable/disable drift above/below midpoint.
midDeadFrac : width of neutral (no-drift) zone around mid.
midBiasPerBar : max drift per bar at the box edge.
Visuals (all default to OFF for a clean chart)
Plot Heat line + Show 0/±80 lines (only shows thresholds if Heat line is on).
Hot/Cold thresholds & transparency floors for background shading.
Push markers (PU/PD).
Heat score table : toggle on; choose any corner.
Tuning quick-starts
Daily trending equities : lookback 40–60; epsATR 0.10–0.25; gainBase 12–18; gainPerStreak 0.5–1.5; gainPer1ATRBrk 1–2; decayPct 3–6; adaptiveDecay ON (decayPerATR 0.5–0.8).
Intraday / noisy : raise epsATR and tickBuff to filter noise; keep decayPct modest so Heat can build.
Weekly swing : longer lookback/atrLen; slightly lower decayPct so regimes persist.
Alerts (included)
New window HIGH (push-up)
New window LOW (push-down)
Heat turned HOT (crosses above your Hot threshold)
Heat turned COLD (crosses below your Cold threshold)
Best practices & notes
Use QHI as a pressure gauge , not a standalone system—combine with your entry/exit plan and risk rules.
On thin symbols, increase epsATR and/or tickBuff to avoid spurious pushes.
Gap days can register large pushes; ATR scaling helps but consider context.
Want the Heat in a separate pane? Use the companion panel version; keep this overlay for background/box visuals.
Pine v6. Warm-up: values appear as soon as one bar of window history exists.
TL;DR
QHI quantifies how hard price is leaning on a consolidation edge.
It’s ATR-adaptive, streak- and magnitude-aware, and cools off intelligently when momentum fades.
Watch for thermals (background), the score (−100..+100), and fresh push alerts to time entries in the direction of pressure.
Relative Volatility Mass [SciQua]The ⚖️ Relative Volatility Mass (RVM) is a volatility-based tool inspired by the Relative Volatility Index (RVI) .
While the RVI measures the ratio of upward to downward volatility over a period, RVM takes a different approach:
It sums the standard deviation of price changes over a rolling window, separating upward volatility from downward volatility .
The result is a measure of the total “volatility mass” over a user-defined period, rather than an average or normalized ratio.
This makes RVM particularly useful for identifying sustained high-volatility conditions without being diluted by averaging.
────────────────────────────────────────────────────────────
╭────────────╮
How It Works
╰────────────╯
1. Standard Deviation Calculation
• Computes the standard deviation of the chosen `Source` over a `Standard Deviation Length` (`stdDevLen`).
2. Directional Separation
• Volatility on up bars (`chg > 0`) is treated as upward volatility .
• Volatility on down bars (`chg < 0`) is treated as downward volatility .
3. Rolling Sum
• Over a `Sum Length` (`sumLen`), the upward and downward volatilities are summed separately using `math.sum()`.
4. Relative Volatility Mass
• The two sums are added together to get the total volatility mass for the rolling window.
Formula:
RVM = Σ(σ up) + Σ(σ down)
where σ is the standard deviation over `stdDevLen`.
╭────────────╮
Key Features
╰────────────╯
Directional Volatility Tracking – Differentiates between volatility during price advances vs. declines.
Rolling Volatility Mass – Shows the total standard deviation accumulation over a given period.
Optional Smoothing – Multiple MA types, including SMA, EMA, SMMA (RMA), WMA, VWMA.
Bollinger Band Overlay – Available when SMA is selected, with adjustable standard deviation multiplier.
Configurable Source – Apply RVM to `close`, `open`, `hl2`, or any custom source.
╭─────╮
Usage
╰─────╯
Trend Confirmation: High RVM values can confirm strong trending conditions.
Breakout Detection: Spikes in RVM often precede or accompany price breakouts.
Volatility Cycle Analysis: Compare periods of contraction and expansion.
RVM is not bounded like the RVI, so absolute values depend on market volatility and chosen parameters.
Consider normalizing or using smoothing for easier visual comparison.
╭────────────────╮
Example Settings
╰────────────────╯
Short-term volatility detection: `stdDevLen = 5`, `sumLen = 10`
Medium-term trend volatility: `stdDevLen = 14`, `sumLen = 20`
Enable `SMA + Bollinger Bands` to visualize when volatility is unusually high or low relative to recent history.
╭───────────────────╮
Notes & Limitations
╰───────────────────╯
Not a directional signal by itself — use alongside price structure, volume, or other indicators.
Higher `sumLen` will smooth short-term fluctuations but reduce responsiveness.
Because it sums, not averages, values will scale with both volatility and chosen window size.
╭───────╮
Credits
╰───────╯
Based on the Relative Volatility Index concept by Donald Dorsey (1993).
TradingView
SciQua - Joshua Danford
Market Open Impulse [LuciTech]Market Open Impulse Strategy
The Market Open Impulse Strategy is designed to capture significant price movements that occur at market open (2:30 PM UK time). This strategy identifies impulsive candles with high volatility and enters trades based on the direction and strength of the initial market reaction.
How It Works:
The strategy activates exclusively at 2:30 PM UK time during market open sessions. It uses ATR-based volatility filtering to identify impulsive candles that exceed a configurable multiplier (default 1.5x ATR). Long entries are triggered when an impulsive candle closes above its midpoint and above the opening price, while short entries occur when an impulsive candle closes below its midpoint and below the opening price.
Risk management is handled through precise stop loss placement at the opposite extreme of the impulse candle (high for short positions, low for long positions). Take profit levels are calculated using a configurable risk-reward ratio with a default setting of 3:1. Position sizing is automatically calculated based on the percentage risk per trade, and an optional breakeven feature can move the stop loss to the entry price at specified profit levels.
The strategy incorporates time-based filtering to ensure trades only occur during the specified market open window. Visual indicators highlight qualifying impulsive candles and plot all entry and exit levels for clear trade management. The system offers flexible risk management with customizable risk percentage, risk-reward ratios, and breakeven settings, along with multiple stop loss calculation methods including both ATR-based and candle-based options.
Key Parameters:
Market open timing is fully configurable through hour and minute settings for strategy activation. The impulse ATR multiple sets the minimum volatility threshold required for trade qualification, with visual highlighting available for qualifying setups. Risk management parameters include the percentage of account equity to risk per trade, target profit multiples relative to initial risk, and the profit level threshold for breakeven stop loss adjustment. Users can choose between ATR-based or candle-based stop loss calculation methods and adjust technical parameters for volatility calculation including ATR length and smoothing methods.
Applications:
This strategy is particularly effective for trading market open volatility and momentum, capturing institutional order flow during key timing windows, executing short-term swing trades on significant price impulses, and trading markets with predictable opening patterns and consistent volatility characteristics.
ALMA & UT Bot Confluence StrategyALMA & UT Bot Confluence Strategy
This is a comprehensive trend-following and momentum strategy designed to identify high-probability trade setups by combining multiple layers of confirmation. It is built around an ALMA (Arnaud Legoux Moving Average) and a long-term EMA, and then enhances signal quality with the popular UT Bot indicator, a Volume Filter, and an adaptive hold mechanism.
The primary goal of this strategy is to filter out market noise, avoid low liquidity traps, and provide more robust and selective trading logic by adapting its timing to changing market volatility.
Key Features and How It Works
This strategy is not a simple crossover system. An entry signal is generated by the confluence of only a few conditions:
Underlying Trend and Signal Engine:
ALMA (Arnaud Legoux Moving Average): Provides a responsive, low-latency signal line for entries. EMA (Exponential Moving Average): A longer-term EMA acts as a primary trend filter, ensuring trades are executed only in line with the overall market trend.
Confirmation Layer:
UT Bot Confirmation: A trade is considered valid only when the UT Bot indicator provides a relevant buy or sell signal. This acts as a strong secondary confirmation, reducing false entries.
Advanced Filters for Signal Quality:
Volume Filter: This is an important safety mechanism that prevents trades from being executed in low-volume, illiquid markets where price action can be erratic and unreliable.
Momentum Filter (ADX and RSI): The strategy uses the ADX to check for sufficient market momentum and the RSI to ensure it doesn't enter overbought/oversold zones.
Volatility Filter (Bollinger Bands): This helps prevent entries when the price deviates too far from its average, preventing "buying at the top" or "selling at the bottom." Adaptive Timing (Dynamic Cool-Down):
Instead of a fixed waiting period between trades, this strategy uses a dynamic cooling-down period based on the ATR. It automatically waits longer during periods of high volatility (to prevent volatility) and becomes more responsive in calmer markets. How to Use This Strategy:
Long Entry (BUY): When all bullish conditions align, a green "BUY" triangle appears below the price.
Short Entry (SELL): When all bearish conditions align, a red "SELL" triangle appears above the price.
Trend Visualization: The chart background is color-coded according to UT Bot's trend direction (Green for an uptrend, Red for a downtrend), allowing for at-a-glance market analysis.
Double Exit Strategy Options
You have full control over how you exit trades:
Classic SL/TP: Use a standard Stop-Loss and Take-Profit order based on ATR (Average True Range) multipliers. UT Bot Trailing Stop (Recommended): A dynamic exit mechanism that follows the price allows your winning trades to catch up to larger trends while protecting your profits.
Disclaimer
This script is for educational purposes only and should not be construed as financial advice. Past performance is not indicative of future results. All trades involve risk. Before risking any capital, we strongly recommend extensively backtesting this strategy across your preferred assets and timeframes to understand its behavior and find settings that suit your personal trading style.
The author recommends using this strategy with Heikin-Ashi candlesticks. Using this method will significantly increase the strategy's trading success rate and profitability in backtests.
You should change the settings according to your preferred chart time range. You can find the best value for you by observing the value changes you make on the chart.
DTLLC Time & PriceDTLLC Time and Price with Signals
This indicator is built for traders who understand ICT concepts and want a structured, visual way to align time-based price action with key market levels. By combining customizable trading windows, breakout logic, and daily reference points, it helps you identify high-probability trade opportunities while filtering out market noise.
Key Features
1. Dual Custom Time Ranges (Kill Zones)
Set two independent time ranges per day (start/end hour and minute).
Each range identifies the highest high and lowest low within its window.
Built-in breakout detection generates buy/sell signals when price moves beyond these levels.
2. Volatility Filtering
Adjustable volatility threshold based on True Range relative to ATR.
Filters out low-quality signals during choppy, low-volatility conditions.
3. ATR-Based Stop Loss
Custom ATR length and stop-loss multiplier settings.
Automatically plots ATR-based stop levels for triggered trades.
4. Daily Key Levels
Plots Previous Day High, Previous Day Low, and Midnight Open continuously on the chart.
Useful for spotting breakout and reversal opportunities in line with ICT market structure concepts.
5. Liquidity & Engulfing Candle Highlights
Highlights potential liquidity grab zones (yellow candles) when significant highs/lows are set within your lookback period.
Detects bullish (green) and bearish (red) engulfing patterns for added confluence.
6. Visual & Signal Tools
Buy/Sell signals plotted directly on chart (separate colors for Range 1 and Range 2). Continuous plotting of reference levels to maintain market context throughout the session.
Example Use Case:
A common ICT-inspired reversal setup:
Wait for price to sweep the Previous Day’s High or Low during your chosen time range.
Look for a buy or sell signal with volatility confirmation.
Manage risk using the ATR-based stop-loss plot.
Disclaimer: This script is for educational purposes only and is not financial advice. Trade responsibly and always test strategies before applying them in live markets.
ATR Dynamische Candles 1.2 (by Droes)This script visualizes ATR values as candles to the right of the last candle at today's high and today's low.
Stage + ATR Matrix + Extension LadderInspired by @SteveJacobs on X.com "Stage Analysis" and combined with ATR Extended Ladder.
Angle Market Structure [BigBeluga]🔵 OVERVIEW
Angle Market Structure is a smart pivot-based tool that dynamically adapts to price action by accelerating breakout and breakdown detection. It draws market structure levels based on pivot highs/lows and gradually adjusts those levels closer to price using an angle threshold. Upon breakout, the indicator projects deviation zones with labeled levels (+1, +2, +3 or −1, −2, −3) to track price extension beyond structure.
🔵 CONCEPTS
Adaptive Market Structure: Uses pivots to define structure levels, which dynamically angle closer to price over time to capture breakouts sooner.
Breakout Acceleration: Pivot high levels decrease and pivot low levels increase each bar using a user-defined angle (based on ATR), improving reactivity.
Deviation Zones: Once a breakout or breakdown occurs, 3 deviation levels are projected to show how far price extends beyond the breakout point.
Count Labels: Each successful structure break is numbered sequentially, giving traders insight into momentum and trend persistence.
Visual Clarity: The script uses colored pivot points, trend lines, and extension labels for easy structural interpretation.
🔵 FEATURES
Calculates pivot highs and lows using a customizable length.
Applies an angle modifier (ATR-based) to gradually pull levels closer to price.
Plots breakout and breakdown lines in distinct colors with automatic extension.
Shows deviation zones (+1, +2, +3 or −1, −2, −3) after breakout with customizable size.
Color-coded labels for trend break count (bullish or bearish).
Dynamic label sizing and theme-aware colors.
Smart label positioning to avoid chart clutter.
Built-in limit for deviation zones to maintain clarity and performance.
🔵 HOW TO USE
Use pivot-based market structure to identify breakout and breakdown zones.
Watch for crossover (up) or crossunder (down) events as trend continuation or reversal signals.
Observe +1/+2/+3 or -1/-2/-3 levels for overextension opportunities or trailing stop ideas.
Use breakout count as a proxy for trend strength—multiple counts suggest momentum.
Combine with volume or order flow tools for higher confidence entries at breakout points.
Adjust the angle setting to fine-tune sensitivity based on market volatility.
🔵 CONCLUSION
Angle Market Structure enhances traditional pivot-based analysis by introducing breakout acceleration and structured deviation tracking. It’s a powerful tool for traders seeking a cleaner, faster read on market structure and momentum strength—especially during impulsive price moves or structural transitions.
Confluence HunterUnlock powerful trade setups with our custom BBWP + RSI Oversold Screener!
This indicator combines Bollinger Band Width Percentile (BBWP) to detect periods of extreme low volatility with RSI oversold signals, helping you pinpoint high-probability breakout opportunities before they happen. When the market’s energy is compressed and price is sitting in oversold territory, it often signals a sharp move is coming—this tool lets you spot those moments instantly. Perfect for swing traders and crypto scalpers who want to catch explosive moves early, it’s your edge in spotting volatility squeezes before the crowd.
Dip Hunter [BackQuant]Dip Hunter
What this tool does in plain language
Dip Hunter is a pullback detector designed to find high quality buy-the-dip opportunities inside healthy trends and to avoid random knife catches. It watches for a quick drop from a recent high, checks that the drop happened with meaningful participation and volatility, verifies short-term weakness inside a larger uptrend, then scores the setup and paints the chart so you can act with confidence. It also draws clean entry lines, provides a meter that shows dip strength at a glance, and ships with alerts that match common execution workflows.
How Dip Hunter thinks
It defines a recent swing reference, measures how far price has dipped off that high, and only looks at candidates that meet your minimum percentage drop.
It confirms the dip with real activity by requiring a volume spike and a volatility spike.
It checks structure with two EMAs. Price should be weak in the short term while the larger context remains constructive.
It optionally requires a higher-timeframe trend to be up so you focus on pullbacks in trending markets.
It bundles those checks into a score and shows you the score on the candles and on a gradient meter.
When everything lines up it paints a green triangle below the bar, shades the background, and (if you wish) draws a horizontal entry line at your chosen level.
Inputs and what they mean
Dip Hunter Settings
• Vol Lookback and Vol Spike : The script computes an average volume over the lookback window and flags a spike when current volume is a multiple of that average. A multiplier of 2.0 means today’s volume must be at least double the average. This helps filter noise and focuses on dips that other traders actually traded.
• Fast EMA and Slow EMA : Short-term and medium-term structure references. A dip is more credible if price closes below the fast EMA while the fast EMA is still below the slow EMA during the pullback. That is classic corrective behavior inside a larger trend.
• Price Smooth : Optional smoothing length for price-derived series. Use this if you trade very noisy assets or low timeframes.
• Volatility Len and Vol Spike (volatility) : The script checks both standard deviation and true range against their own averages. If either expands beyond your multiplier the market confirms the move with range.
• Dip % and Lookback Bars : The engine finds the highest high over the lookback window, then computes the percentage drawdown from that high to the current close. Only dips larger than your threshold qualify.
Trend Filter
• Enable Trend Filter : When on, Dip Hunter will only trigger if the market is in an uptrend.
• Trend EMA Period : The longer EMA that defines the session’s backbone trend.
• Minimum Trend Strength : A small positive slope requirement. In practice this means the trend EMA should be rising, and price should be above it. You can raise the value to be more selective.
Entries
• Show Entry Lines : Draws a horizontal guide from the signal bar for a fixed number of bars. Great for limit orders, scaling, or re-tests.
• Line Length (bars) : How far the entry guide extends.
• Min Gap (bars) : Suppresses new entry lines if another dip fired recently. Prevents clutter during choppy sequences.
• Entry Price : Choose the line level. “Low” anchors at the signal candle’s low. “Close” anchors at the signal close. “Dip % Level” anchors at the theoretical level defined by recent_high × (1 − dip%). This lets you work resting orders at a consistent discount.
Heat / Meter
• Color Bars by Score : Colors each candle using a red→white→green gradient. Red is overheated, green is prime dip territory, white is neutral.
• Show Meter Table : Adds a compact gradient strip with a pointer that tracks the current score.
• Meter Cells and Meter Position : Resolution and placement of the meter.
UI Settings
• Show Dip Signals : Plots green triangles under qualifying bars and tints the background very lightly.
• Show EMAs : Plots fast, slow, and the trend EMA (if the trend filter is enabled).
• Bullish, Bearish, Neutral colors : Theme controls for shapes, fills, and bar painting.
Core calculations explained simply
Recent high and dip percent
The script finds the highest high over Lookback Bars , calls it “recent high,” then calculates:
dip% = (recent_high − close) ÷ recent_high × 100.
If dip% is larger than Dip % , condition one passes.
Volume confirmation
It computes a simple moving average of volume over Vol Lookback . If current volume ÷ average volume > Vol Spike , we have a participation spike. It also checks 5-bar ROC of volume. If ROC > 50 the spike is forceful. This gets an extra score point.
Volatility confirmation
Two independent checks:
• Standard deviation of closes vs its own average.
• True range vs ATR.
If either expands beyond Vol Spike (volatility) the move has range. This prevents false triggers from quiet drifts.
Short-term structure
Price should close below the Fast EMA and the fast EMA should be below the Slow EMA at the moment of the dip. That is the anatomy of a pullback rather than a full breakdown.
Macro trend context (optional)
When Enable Trend Filter is on, the Trend EMA must be rising and price must be above it. The logic prefers “micro weakness inside macro strength” which is the highest probability pattern for buying dips.
Signal formation
A valid dip requires:
• dip% > threshold
• volume spike true
• volatility spike true
• close below fast EMA
• fast EMA below slow EMA
If the trend filter is enabled, a rising trend EMA with price above it is also required. When all true, the triangle prints, the background tints, and optional entry lines are drawn.
Scoring and visuals
Binary checks into a continuous score
Each component contributes to a score between 0 and 1. The script then rescales to a centered range (−50 to +50).
• Low or negative scores imply “overheated” conditions and are shaded toward red.
• High positive scores imply “ripe for a dip buy” conditions and are shaded toward green.
• The gradient meter repeats the same logic, with a pointer so you can read the state quickly.
Bar coloring
If you enable “Color Bars by Score,” each candle inherits the gradient. This makes sequences obvious. Red clusters warn you not to buy. White means neutral. Increasing green suggests the pullback is maturing.
EMAs and the trend EMA
• Fast EMA turns down relative to the slow EMA inside the pullback.
• Trend EMA stays rising and above price once the dip exhausts, which is your cue to focus on long setups rather than bottom fishing in downtrends.
Entry lines
When a fresh signal fires and no other signal happened within Min Gap (bars) , the indicator draws a horizontal level for Line Length bars. Use these lines for limit entries at the low, at the close, or at the defined dip-percent level. This keeps your plan consistent across instruments.
Alerts and what they mean
• Market Overheated : Score is deeply negative. Do not chase. Wait for green.
• Close To A Dip : Score has reached a healthy level but the full signal did not trigger yet. Prepare orders.
• Dip Confirmed : First bar of a fresh validated dip. This is the most direct entry alert.
• Dip Active : The dip condition remains valid. You can scale in on re-tests.
• Dip Fading : Score crosses below 0.5 from above. Momentum of the setup is fading. Tighten stops or take partials.
• Trend Blocked Signal : All dip conditions passed but the trend filter is offside. Either reduce risk or skip, depending on your plan.
How to trade with Dip Hunter
Classic pullback in uptrend
Turn on the trend filter.
Watch for a Dip Confirmed alert with green triangle.
Use the entry line at “Dip % Level” to stage a limit order. This keeps your entries consistent across assets and timeframes.
Initial stop under the signal bar’s low or under the next lower EMA band.
First target at prior swing high, second target at a multiple of risk.
If you use partials, trail the remainder under the fast EMA once price reclaims it.
Aggressive intraday scalps
Lower Dip % and Lookback Bars so you catch shallow flags.
Keep Vol Spike meaningful so you only trade when participation appears.
Take quick partials when price reclaims the fast EMA, then exit on Dip Fading if momentum stalls.
Counter-trend probes
Disable the trend filter if you intentionally hunt reflex bounces in downtrends.
Require strong volume and volatility confirmation.
Use smaller size and faster targets. The meter should move quickly from red toward white and then green. If it does not, step aside.
Risk management templates
Stops
• Conservative: below the entry line minus a small buffer or below the signal bar’s low.
• Structural: below the slow EMA if you aim for swing continuation.
• Time stop: if price does not reclaim the fast EMA within N bars, exit.
Position sizing
Use the distance between the entry line and your structural stop to size consistently. The script’s entry lines make this distance obvious.
Scaling
• Scale at the entry line first touch.
• Add only if the meter stays green and price reclaims the fast EMA.
• Stop adding on a Dip Fading alert.
Tuning guide by market and timeframe
Equities daily
• Dip %: 1.5 to 3.0
• Lookback Bars: 5 to 10
• Vol Spike: 1.5 to 2.5
• Volatility Len: 14 to 20
• Trend EMA: 100 or 200
• Keep trend filter on for a cleaner list.
Futures and FX intraday
• Dip %: 0.4 to 1.2
• Lookback Bars: 3 to 7
• Vol Spike: 1.8 to 3.0
• Volatility Len: 10 to 14
• Use Min Gap to avoid clusters during news.
Crypto
• Dip %: 3.0 to 6.0 for majors on higher timeframes, lower on 15m to 1h
• Lookback Bars: 5 to 12
• Vol Spike: 1.8 to 3.0
• ATR and stdev checks help in erratic sessions.
Reading the chart at a glance
• Green triangle below the bar: a validated dip.
• Light green background: the current bar meets the full condition.
• Bar gradient: red is overheated, white is neutral, green is dip-friendly.
• EMAs: fast below slow during the pullback, then reclaim fast EMA on the bounce for quality continuation.
• Trend EMA: a rising spine when the filter is on.
• Entry line: a fixed level to anchor orders and risk.
• Meter pointer: right side toward “Dip” means conditions are maturing.
Why this combination reduces false positives
Any single criterion will trigger too often. Dip Hunter demands a dip off a recent high plus a volume surge plus a volatility expansion plus corrective EMA structure. Optional trend alignment pushes odds further in your favor. The score and meter visualize how many of these boxes you are actually ticking, which is more reliable than a binary dot.
Limitations and practical tips
• Thin or illiquid symbols can spoof volume spikes. Use larger Vol Lookback or raise Vol Spike .
• Sideways markets will show frequent small dips. Increase Dip % or keep the trend filter on.
• News candles can blow through entry lines. Widen stops or skip around known events.
• If you see many back-to-back triangles, raise Min Gap to keep only the best setups.
Quick setup recipes
• Clean swing trader: Trend filter on, Dip % 2.0 to 3.0, Vol Spike 2.0, Volatility Len 14, Fast 20 EMA, Slow 50 EMA, Trend 100 EMA.
• Fast intraday scalper: Trend filter off, Dip % 0.7 to 1.0, Vol Spike 2.5, Volatility Len 10, Fast 9 EMA, Slow 21 EMA, Min Gap 10 bars.
• Crypto swing: Trend filter on, Dip % 4.0, Vol Spike 2.0, Volatility Len 14, Fast 20 EMA, Slow 50 EMA, Trend 200 EMA.
Summary
Dip Hunter is a focused pullback engine. It quantifies a real dip off a recent high, validates it with volume and volatility expansion, enforces corrective structure with EMAs, and optionally restricts signals to an uptrend. The score, bar gradient, and meter make reading conditions instant. Entry lines and alerts turn that read into an executable plan. Tune the thresholds to your market and timeframe, then let the tool keep you patient in red, selective in white, and decisive in green.
Volume/Price Movement Indicator## Volume/Price Movement Indicator (VPM)
The **Volume/Price Movement Indicator (VPM)** is a technical analysis tool designed to identify the strength and potential direction of a trend by combining price momentum with volume analysis. Unlike indicators that only look at price, VPM uses volume as a confirming factor to gauge the conviction behind a price move. This helps traders distinguish between strong, high-conviction trends and weak, low-conviction movements that may be prone to reversal.
***
### Key Concepts
* **Price Trend**: The indicator smooths out daily price changes to determine the underlying trend direction. A positive price trend suggests upward momentum, while a negative trend suggests downward momentum.
* **Volume Analysis**: The VPM calculates a **Volume Ratio**, which compares the current bar's volume to its moving average. A high volume ratio indicates that the current volume is significantly higher than recent average volume, suggesting strong market participation. The **Volume Threshold Multiplier** is used to define what constitutes "high volume."
* **Net Pressure**: This component measures the difference between buying pressure and selling pressure, providing an additional layer of confirmation. Positive net pressure indicates that buying activity is outpacing selling, and vice versa.
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### How to Use the Indicator
The VPM plots its findings on a histogram below the main chart, using colors to clearly signal the market's state.
* **🟢 Strong Bull (Green)**: This is the most powerful bullish signal. It indicates a clear upward price trend that is confirmed by both high volume and positive net pressure. This is a strong signal of conviction and potential continuation of the uptrend.
* **🔵 Weak Bull (Lime)**: This signal indicates a clear upward price trend, but with low volume. The positive net pressure suggests buying is still dominant, but the lack of high volume means there may not be strong market conviction. This signal suggests caution and may precede a consolidation or reversal.
* **🔴 Strong Bear (Red)**: The strongest bearish signal. It indicates a clear downward price trend confirmed by high volume and negative net pressure. This suggests strong selling conviction and a high probability of the downtrend continuing.
* **🟠 Weak Bear (Orange)**: This indicates a clear downward price trend but with low volume. Negative net pressure confirms selling dominance, but the low volume suggests a lack of strong conviction. Like the "Weak Bull" signal, this suggests caution.
* **⚫ Neutral (Gray)**: This signal is displayed when there is no clear trend or when price and volume are diverging. It's a signal of market indecision and suggests waiting for a clearer signal.
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### Indicator Settings
* **Trend Length**: This input controls the sensitivity of the price trend calculation. A smaller value will make the indicator more responsive to short-term price changes, while a larger value will filter out noise and focus on longer-term trends.
* **Volume MA Length**: This determines the length of the moving average used as a baseline for volume. A longer length will make the "high volume" condition harder to meet.
* **Volume Threshold Multiplier**: This is a key setting for tuning the indicator. It determines how much higher the current volume must be than its moving average to be considered "high volume." For example, a value of `1.2` means volume must be at least 20% higher than the moving average to trigger a high-volume signal.
Delta Volume Profile + Fibo Levels + MFIOVERVIEW
Plots Fibonacci bands across the recent range and overlays delta volume per Fibo zone (buy − sell), plus a live MFI dot + value mapped vertically inside the range. See where volume is building at each retracement while reading momentum at a glance.
Clean lines (no repainting tricks), lightweight, and designed to sit directly on price.
FEATURES
Real-time Fibo lines with % labels (optional).
Delta volume per Fibo zone with absolute + percentage figures.
Custom MFI (0–100) using positive/negative money flow from HLC3 × Volume.
MFI dot + value rendered on the right side; separate X-offsets for the dot and text.
Adaptive Fibo line color by MFI state (upper/middle/lower band).
Auto binning of price into levels using ATR for a stable volume profile.
PRINCIPLES
Binning: The last Lookback bars are split into price bins sized by ATR. A bar contributes volume to a bin if its high/low spans that bin’s midpoint.
Delta Volume: Volume added to Buy if close ≥ open, otherwise to Sell. Zone delta = Buy − Sell and Δ% = Δ / (Buy+Sell).
Custom MFI:
MFI = 100 - 100 / (1 + Sum(Vol*UpFlow) / Sum(Vol*DownFlow)),
where Up/DownFlow are HLC3 when change(HLC3) > 0 or < 0, otherwise 0. MFI is then clamped to the user thresholds for on-chart placement.
HOW TO USE
Choose a Lookback that captures the swing you care about (e.g., 200–400 bars).
Watch Δ labels at each zone: strong positive Δ near 0.382/0.618 often supports continuation; negative Δ there can hint at fade/reversion.
Use the MFI dot: leaning toward the top of the range with MFI > 50 = pressure up; drifting to the bottom with MFI < 50 = pressure down.
Nudge Circle/Label X offsets so they don’t overlap price.
SETTINGS
Calculation: Lookback Bars, ATR Length
MFI: MFI Length, Upper/Lower thresholds
Plot & Labels: Fibo Line Width, Show Fibo % Labels, Show Zone Δ Volume, MFI Circle X Offset, MFI Label X Offset
NOTES
Works best on symbols with reliable volume (spot/centralized venues).
Bin sizing is ATR-based; extremely tight ranges may need a longer lookback or shorter ATR.
Draws only on the last bar (no historical spam) for speed and clarity.
SUMMARY
This indicator combines a Fibonacci volume profile with a custom MFI overlay, giving you a dual read on where volume is concentrated and whether momentum is favoring buyers or sellers. It’s a visual, on-chart tool for spotting high-probability zones and confirming trend pressure without leaving the price pane.
DISCLAIMER
This tool is for education and research only—not financial advice. Past performance doesn’t guarantee future results. Trade responsibly.
S/R Clouds Overview
The S/R Clouds Indicator is a sophisticated TradingView tool designed to visualize support and resistance levels through dynamic cloud formations. Built on the principles of Keltner Channels, it employs a central moving average enveloped by volatility-based bands to highlight potential price reversal zones. This indicator enhances chart analysis with customizable aesthetics and practical alerts, making it suitable for traders across various strategies and timeframes.
Key Features
Dynamic Bands: Calculates upper and lower bands using a configurable moving average (SMA or EMA) offset by multiples of the average true range (derived from high-low ranges), capturing volatility deviations for precise S/R identification.
Cloud Visualization: Renders semi-transparent clouds between primary and extended bands, providing a clear, layered view of support (lower) and resistance (upper) areas.
Trend Detection: Incorporates a trend state logic based on price position relative to bands and moving average direction, aiding in bullish/bearish market assessments.
Customization Options:
Select from multiple color themes (e.g., Neon, Grayscale) or use custom colors for bands.
Enable glow effects for enhanced visual depth and adjust opacity for chart clarity.
Volatility Insights: Monitors band width to detect squeezes (low volatility) and expansions (high volatility), signaling potential breakouts.
Alerts System: Triggers notifications for price crossings of bands, trend changes, and other key events to support timely decision-making.
How It Works
At its core, the indicator centers on a user-defined period moving average. Volatility is measured via an exponential moving average of the high-low range, multiplied by adjustable factors to form the bands. This setup creates adaptive clouds that expand/contract with market volatility, offering a more responsive alternative to static S/R lines. The result is a clean, professional overlay that integrates seamlessly with other technical tools.
This high-quality indicator prioritizes usability and visual appeal, ensuring traders can focus on analysis without distraction.
Breakout Squeeze – Early Detector (BRK-SQZ)
What it does
Squeeze — price goes quiet (Bollinger Band Width compresses vs its recent average).
Fuel — volume expands vs its 20-bar average.
Level — price takes out a recent high.
Quality — the close is near the top of the candle’s range.
When those stack up you get a signal. You can choose Strict (safer, later) or Early (faster, noisier).
What you’ll see on the chart
Blue background → in a squeeze (coiled).
Orange dots (bottom) → volume currently above threshold.
Green tiny caret (above bar) → price is testing/clearing the breakout level.
Aqua diamond labeled “PRE” (above bar) → Pre-Signal (any 3 of 4 checks are true). Early heads-up.
Lime triangle “BRK” (below bar) → Confirmed Long breakout (all 4 checks pass).
Tip: PRE can fire intrabar for early notice. The BRK triangle is your confirmation.
Inputs (the only knobs that matter)
Early (default): high or close can break the level; looser volume/close filters.
Strict: close must break the level; stronger volume/close placement.
Core
BB Length (20), BB Mult (2.0)
Squeeze Lookback (40) — moving average window for BB Width.
Squeeze Threshold (sqzFactor) (0.60) — lower = tighter squeeze requirement.
Breakout
Breakout Lookback (brkLen) (20) — new high must clear the prior N bars.
Volume
Volume SMA Length (20)
Volume Spike ≥ (Early/Strict) (1.5 / 2.0) — multiplier vs avg volume.
Candle Quality
Close-in-Range (Early/Strict) (0.65 / 0.80) — 0.80 = close in top 20% of bar.
Options
Fire intrabar (ON = earlier PRE/BRK; OFF = bar-close only).
Plot Signal Labels (on/off).
Debug paints (show/hide squeeze tint, volume dots, breakout carets, PRE).
Alerts (set these, you’re done)
Create two alerts from the indicator’s Condition dropdown:
BRK-SQZ Pre-Signal
Trigger: Once per bar (for early pings).
Purpose: tells you the coil is heating up before the rip.
BRK-SQZ Long
Trigger: Once per bar close (clean confirmation) or Once per bar if you want it faster.
Purpose: confirms the breakout when all checks align.
How to trade it (framework, not rules)
First touch after a long squeeze is the highest-odds signal.
On Daily, manage risk with ATR or a structure stop under the base.
Scale out into strength; let a runner ride if the squeeze was multi-week.
Installation (60 seconds)
Add indicator.
Keep Mode = Early, Fire intrabar = ON.
Set alerts for Pre-Signal (Once per bar) and Long (Once per bar close).
Save inputs as a Template and apply across your watchlist.
FAQ
Q: Why did PRE fire but no BRK?
A: One of the four checks failed at close (often volume or close-placement). That’s the filter doing its job.
Q: I want even earlier signals.
A: Lower volMult_early, reduce brkLen, or enable intrabar signals. Expect more noise.
Q: Can I get bearish signals?
A: Not yet. I can ship a mirrored Breakdown version on request.
Q: Can I screen a whole watchlist?
A: This version is chart-based. I can add a mini screener panel with a consolidated alert if you want.
Changelog
v6.1 — Early/Strict modes, PRE (3-of-4), squeeze tint, volume dots, breakout carets, BRK triangle, intrabar option, two alert conditions.
Disclaimer
This is a tool, not advice. Markets slip, wick, and change regime. Size responsibly and test your settings on your market/timeframe.
