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FVG Visual Super Clean (ticks)This is a robust and highly visual indicator designed for traders utilizing Smart Money Concepts (SMC) or Inner Circle Trader (ICT) methodologies. Its core function is to automatically identify, visualize, and manage Fair Value Gaps (FVGs) or price inefficiencies, offering deep insight into institutional order flow. Key Features & Capabilities Advanced FVG Detection: Accurately identifies bullish and bearish Fair Value Gaps (FVGs) based on the 3-bar pattern. Wick vs. Body Logic: Configurable option to use candle wicks (high/low) or bodies (open/close) for FVG calculation. Displacement Confirmation: Includes an optional filter to require price displacement (a strong close) for higher conviction setups. Mitigation Tracking & Management: The script actively tracks how much the price has filled or "mitigated" the FVG. Threshold Auto-Removal: FVGs that reach a user-defined mitigation percentage (mitigation_pct) are automatically removed to keep the chart clean. Mitigated Visibility: An optional setting allows mitigated FVGs to remain visible, repainting them with a distinct "Mitigated" color (blue by default) to show the exact point of rebalance. Visual Efficiency: Automatic Extension: Active, unmitigated FVGs are automatically extended forward in time until they are filled or pruned. Equilibrium Line: Draws a dotted line at the 50% level (Equilibrium) of each FVG, a key reference point in SMC/ICT trading. Tick-Based Filtering: Allows filtering gaps by a minimum size in ticks, reducing noise from insignificant micro-gaps. Trend Context: Integrates a configurable Moving Average (EMA or SMA) for contextual trend analysis. The MA line changes color dynamically (green/red) to quickly signal momentum. Optimized Performance: Implements a lookback window (lookback_days) and a cleanup routine to manage the number of drawing objects, ensuring smooth performance even on low timeframes. Ideal For: Traders focused on SMC/ICT Order Blocks, Imbalances, and Price Delivery. Backtesting price action strategies around institutional liquidity. Identifying high-probability entries (e.g., at the 50% line) and targets (e.g., unmitigated gaps).
Indicador Pine Script®
por francoescuderolujan
PA + Big Candle Zones + EMA Pack (14/100/200/720) • TH v2.0PA + Big Candle Zones + EMA Pack (14/100/200/720) • TH v2.0 What it does EMA Pack: 14/100/200/720 เลือกสไตล์เส้นได้ เปิด–ปิดเป็นรายเส้น Price Action 10 แบบ: Bull/Bear Engulfing, Hammer, Shooting Star, Morning/Evening Star, Tweezer Bottom/Top, Bull/Bear Marubozu Double Bottom (คอเสื้อ): เลือกยืนยันเฉพาะ “ปิดเหนือคอเสื้อ” ได้ BJ Key Levels: รวมระดับเป็นคลัสเตอร์ตาม % + เช็ก “ราคาใกล้ระดับสำคัญ” Donchian Channel: ขอบบน/ล่าง + Midline เปลี่ยนสีตามฝั่งราคา (มีสัญญาณครอส BUY/SELL) Big Candle Zones (Supply/Demand): ตรวจแท่งใหญ่ (ATR*k หรือ Body/Range), รวมโซน, อายุโซน, break buffer, แสดงเฉพาะ N โซนที่ใกล้ราคา RSI: แถบ OB/OS + Regular Divergence (จุด/เส้น) + ตาราง RSI มุมจอ Volume Profile (Fixed Range): POC + Value Area (อัปเดตแถบล่าสุด) How to use (quick) ดู Bias จาก Donchian Midline (เขียว=เหนือ, แดง=ใต้) หา PA ฝั่งเดียวกับเทรนด์ใกล้ Big Candle Zone (Demand/Supply) ถ้ามี BJ Near หรือ RSI Divergence ใช้เป็นตัวกรองจังหวะเข้า/ออก วาง SL/TP ด้วยขอบโซน, Midline/ขอบ Donchian, POC/VA Important inputs Double Bottom: Pivot L/R, min bars apart, tolerance %, require close above neckline Big Candle: ATR Len/Mult, Body/Range, EdgeFrac, (Option) Vol≥SMA20*k, Max zones near price, Expire bars, Break buffer % BJ: Pivot L/R, Min touches, Cluster %, Near %, Max levels, Extend right Donchian Len, RSI 14 (OB/OS/Extreme), VP: Bars/Rows/VA% Alerts included PA ทั้งหมด: Engulfing, Hammer, Shooting Star, Morning/Evening Star, Tweezer Bottom/Top, Marubozu Double Bottom: (Confirm) / (Bottom#2) BJ: Price near key level Donchian Midline: BUY / SELL RSI: Overbought/Extreme, Oversold/Extreme, Bullish/Bearish Divergence, Crossback Notes สัญญาณที่พึ่งพา pivot (Double Bottom/RSI Div) ยืนยันช้าตามธรรมชาติ โซน Big Candle ถูก “รวม/หมดอายุ/ลบเมื่อเบรก” อัตโนมัติ อินดี้นี้เป็นเครื่องมือช่วยตัดสินใจ ไม่ใช่คำแนะนำการลงทุน
Indicador Pine Script®
por meowmeowfatcat
VWAP Wave System ToolkitGENERAL OVERVIEW: The VWAP Wave System Toolkit is an all-in-one trading indicator based on rules from Auction Market Theory. The indicator is built around Volume-Weighted Average Prices (VWAP), Initial Balance (IB) levels, session/composite volume profiles, low-volume zones, optional candle coloring, trade checklists, dashboard readings, and a watermark. This indicator was developed by Flux Charts in collaboration with Chris Drysdale (Trader Drysdale), author of the best-selling book VWAP Wave System. What’s the purpose of this indicator? The VWAP Wave System Toolkit helps traders see where market value is forming, shifting, or being rejected across different timeframes. It’s built on the ideas of Auction Market Theory, which views the market as a continuous auction between buyers and sellers searching for fair value. The indicator combines VWAPs, Initial Balance levels, and volume profiles into one system that shows how price interacts with value throughout the day, week, and month. By combining short-term and higher-timeframe data, it helps traders understand when the market is balanced and when it’s starting to discover new price areas. What’s the theory behind this indicator? This indicator is built on Auction Market Theory, introduced by J. Peter Steidlmayer. The theory says that markets operate as continuous auctions, constantly seeking a fair price where buyers and sellers agree on value. When price stays within a narrow range and volume builds up, the market is balanced around a value area. When price moves away from that area, the market enters price discovery, searching for a new zone of balance. VWAPs represent an evolving measure of value, while Volume Profiles and Initial Balance visualize how the auction developed during each session. Low Volume Zones often show where the market moved too quickly to trade efficiently, making them potential areas of interest for future reactions. By combining these elements, the indicator provides a picture of how the market is auctioning and where value may shift next. VWAP WAVE SYSTEM TOOLKIT FEATURES: The VWAP Wave System Toolkit indicator includes 7 main features: Initial Balance Levels Multi-Timeframe VWAPs Session Volume Profile Composite Volume Profile Low Volume Zones Checklist Watermark Initial Balance Levels: 🔹What is the Initial Balance? The Initial Balance (IB) is defined by the high and low prices that form within a specific time window. Typically, this time window is the first hour after the regular day trading session starts (09:30 - 10:30 AM EST). The high and low formed during this window create the foundation for the day’s price structure. From these two points, the indicator automatically calculates several key reference levels that show how far price has extended beyond the initial range or where it may still be balanced. Understanding how these levels are derived and how to interpret them is essential to using the Initial Balance effectively. 🔹How Initial Balance Levels are calculated: Once the IB window closes, the indicator plots a full set of reference levels derived from the IB range. These levels are: IB High IB Low IB Midpoint x2 High / x2 Low x2 Midpoints (x1.5 High/Low) x3 High / x3 Low x3 Midpoints (x2.5 High/Low) 🔹IB High & IB Low The IB High is the highest price reached during the IB session window, and the IB Low is the lowest price reached. 🔹IB Midpoint The IB Midpoint is the average of the IB High and IB Low. 🔹x2 High & x2 Low The x2 levels are calculated by projecting one full IB Range above and below the Initial Balance. The IB Range is the distance between the IB High and IB Low. 🔹x2 High Midpoint & x2 Low Midpoint The x2 High Midpoint (x1.5 High) is the average of the IB High and x2 High. The x2 Low Midpoint (x1.5 Low) is the average of the IB Low and x2 Low. 🔹x3 High & x3 Low The x3 High/Low levels are calculated by projecting two full IB Range above and below the Initial Balance. 🔹x3 High Midpoint & x3 Low Midpoint The x3 High Midpoint (x2.5 High) is the average of the x2 High and x3 High. The x3 Low Midpoint (x2.5 Low) is the average of the x2 Low and x3 Low. 🔹Breaks & Retests: For every Initial Balance level, the indicator automatically tracks when price retests or breaks through them. A Break occurs when a candle closes above or below an IB level. When this happens, the indicator plots a small blue triangle. A Retest occurs when price approaches and touches an IB Level, and then reverses in the opposite direction. When this happens, the indicator plots a small green or red triangle. Green Triangle: Bullish Retest - Price comes down to a level, touches it, and continues up. Red Triangle: Bearish Retest - Price comes up to a level, touches it, and continues down. Both breaks and retests are plotted directly on the chart for every toggled IB level. Once detected, they remain fixed and are not repainted. Other Settings: 🔹Shade IB Range When enabled, this setting fills the area between the IB High and IB Low (IB Range). The fill helps visually separate the Initial Balance range from the rest of the session, making it easier to identify when price is trading inside or outside of the IB. The color and opacity can also be adjusted through the settings. 🔹Apply One Color When this setting is enabled, all toggled IB levels use the same color instead of the user’s inputted colors. 🔹Levels Labels When enabled, text labels that identify each IB level (for example, “IB High,” “x2 High,” or “x2.5 Low”) appear next to each level. 🔹Price Labels When enabled, the indicator displays the real-time price value of each IB level directly on the chart. These labels update automatically as price changes or when the levels shift due to recalculation from a new session. 🔹Extend Levels Right When enabled, all toggled IB Levels will be extended infinitely to the right of the chart. 🔹Align Text Right This setting aligns all level and price labels to the right edge of the plotted line. When disabled, text labels will be aligned to the left edge of each level. Multi-Timeframe VWAPs: 🔹Why does this indicator include VWAPs? This indicator includes VWAPs because they show where the most trading activity has occurred within each timeframe, helping identify the market’s fair value area. According to Auction Market Theory, price moves between periods of balance and imbalance as buyers and sellers seek fair value. VWAPs represent those balance points where the majority of trading has taken place. By plotting the Intraday, Weekly, and Monthly VWAPs, the indicator shows how value shifts across different timeframes and whether the market is balanced or moving toward a new area of value. 🔹Intraday VWAP The Intraday VWAP measures the average traded price for the current trading session and resets each day at market open. It shows where most of the session’s trading has taken place, acting as a real-time fair value line. When price trades near the Intraday VWAP, the market is considered balanced. When price moves far above or below it, the market is exploring new value areas. 🔹Candle Coloring: The Intraday VWAP candle coloring highlights how far price is trading from the session’s average value using the first and second standard deviation bands as visual reference zones. This feature helps users see whether price is balanced around fair value or expanding into an overextended area. When candle coloring is enabled, each candle’s color changes based on where it closes relative to the two standard deviation bands surrounding the Intraday VWAP. The first band represents one standard deviation (1.0 STD) and the second represents one and a half standard deviations (1.5 STD). If a candle closes above the upper 1.5 standard deviation band, it is colored a brighter green, showing strong movement above fair value. Candles closing between the upper 1.0 and 1.5 standard deviation bands are a lighter green, showing moderate strength. If a candle closes below the lower 1.5 standard deviation band, it is colored a brighter red, showing strong movement below fair value. Candles closing between the lower 1.0 and 1.5 standard deviation bands are a lighter red, showing moderate weakness. Candles that close within the ±1.0 standard deviation range remain their normal color, showing that price is balanced near the session’s average. Both the VWAP line and its bands can be customized in the Intraday VWAP settings. Users can adjust the VWAP line color, band colors, and fill transparency. The candle colors can also be modified. The band sizes (1.0 STD and 1.5 STD by default) can be changed through their input multipliers, allowing users to control the sensitivity of the zones. Please Note: This candle coloring applies only to the Intraday VWAP 🔹Weekly VWAP The Weekly VWAP measures the average traded price across the current trading week and resets at the start of each new week. It reflects the fair value area that has developed over multiple trading days, providing a broader view of market balance compared to the Intraday VWAP. When price stays close to the Weekly VWAP, it indicates that the week’s trading activity is balanced. When price consistently trades above or below it, the market is moving away from that balance and forming value in a new area. Standard Deviation Bands: The Weekly VWAP includes optional standard deviation bands. Users can toggle 1x and 1.5x STD bands. Users can also adjust the multipliers. Customization: All colors for the Weekly VWAP and its standard deviation bands can be changed in the indicator’s settings. Users can adjust the VWAP line color, band colors, and fill transparency. 🔹Monthly VWAP The Monthly VWAP measures the average traded price for the current month and resets on the first trading day of each new month. It provides the broadest view of value within this indicator, showing where the majority of trading has occurred during the current month. When price remains near the Monthly VWAP, it reflects long-term balance. Standard Deviation Bands: The Monthly VWAP includes optional 1x and 1.5x standard deviation bands that can be enabled or disabled. In the settings, users can adjust the standard deviation multipliers. Customization: The Monthly VWAP line, band colors, and fill transparency can all be modified in the indicator’s settings. 🔹VWAP Dashboard The VWAP Dashboard provides a quick real-time overview of how price is positioned relative to the Intraday, Weekly, and Monthly VWAPs. It is displayed directly on the chart and updates automatically with each new candle. The dashboard is divided into five labeled sections: Intraday Weekly Monthly Weekly STD Monthly STD Intraday, Weekly, and Monthly Sections: These three sections show whether price is currently trading Above or Below each VWAP. If price is above a VWAP, that section displays “Bullish” If price is below a VWAP, that section displays “Bearish” Weekly STD and Monthly STD: These sections display whether price is currently inside or outside the standard deviation bands of the Weekly and Monthly VWAPs. When price is trading within the ±1.0 standard deviation zone, the dashboard output is “Balanced Market” When price is above the upper standard deviation, price is extending up beyond the week’s or month’s fair value, and the dashboard output is “Bullish Price Discovery” When price is below the lower standard deviation, price is extending down beyond the week’s or month’s fair value, and the dashboard output is “Bearish Price Discovery” 🔹What is a Balanced Market A balanced market occurs when price is trading within the ±1.0 standard deviation range of a VWAP. This shows that buyers and sellers are in general agreement on value, and trading activity is taking place around the fair value area. In this state, price tends to rotate around the VWAP rather than trend strongly away from it. Balance reflects stability in the auction process, where neither side is dominant and value is being built at current prices. 🔹What is Bullish Price Discovery Bullish Price Discovery occurs when price trades above the upper standard deviation of a VWAP. This indicates that buyers are accepting higher prices and that value may be shifting upward. In terms of Auction Market Theory, the market is moving away from balance as it searches for a new fair value area above the prior range. 🔹What is Bearish Price Discovery Bearish Price Discovery occurs when price trades below the lower standard deviation of a VWAP. This shows that sellers are accepting lower prices and that value may be developing beneath the prior area of balance. The market is moving out of equilibrium as participants test lower prices to find new fair value. Session Volume Profile: 🔹Why this feature is included: The Session Volume Profile is included to show where trading activity occurred within each session. It visually represents the volume traded at each price, helping to identify where market participants considered value to be. This ties directly to Auction Market Theory, which views markets as auctions seeking balance between buyers and sellers. The profile highlights those balance areas and shows where volume thins out, helping distinguish between value areas and areas of rejection. 🔹How is the Session Volume Profile calculated and displayed: At the start of each selected session window, the indicator creates a new volume profile and tracks every bar in that session. For each candle, it saves the high, low, open, close, volume, and time. When the HD (High Definition) setting is enabled, and your chart is between the 1-minute and 30-minute timeframes (recommended), the indicator requests lower-timeframe data and feeds the profile with 1-minute candlesticks for more detail. The running session high and low define the vertical bounds of the volume profile. That span is split into a fixed number of rows. Each row represents a price slice. For every bar and every price row, the indicator checks whether the bar’s high-low range touches that row. If it does, it adds part of the bar’s volume to that row. The allocation uses a step-to-bar-size ratio, so that narrow bars do not overload a tall row and tall bars contribute proportionally across all rows they cross. If the bar closes above its open, that row’s “up” volume bucket is incremented. If it closes below its open, the “down” bucket is incremented. After all bars are processed, the row with the highest total becomes the Point of Control (POC). Starting from that row, the indicator expands upward and downward, adding adjacent rows until the cumulative total reaches your Value Area percentage. The upper boundary is Value Area High (VAH), and the lower boundary is Value Area Low (VAL). For rendering, each price row becomes a horizontal box drawn from the session start time to a length proportional to that row’s volume versus the session’s maximum row volume. If you choose “Up / Down” volume, the row is split into two adjoining boxes that show the up and down portions. If you choose “Total,” a single box is drawn to the total length. If you choose “Delta,” the length reflects the absolute difference between up and down. The POC is drawn as a line across the row midpoint. VAH and VAL are drawn at the exact prices of the top and bottom value rows. While a session is open the profile keeps updating as new bars form. When the session ends, the script fixes its start and end and stops changing that profile. To avoid any issues with drawing limits, the indicator only renders the two most recent session volume profiles. Settings: 🔹Enabled Turns the Session Volume Profile on or off. When disabled, no session profiles, lines, or volume boxes are displayed. 🔹HD Stands for High Definition. When enabled, the indicator requests data from the 1-minute timeframe to build a smoother, more detailed volume profile. This produces finer row distribution and more accurate POC, VAH, and VAL positioning, especially on higher chart timeframes. 🔹POC Line Toggles the visibility of the Point of Control line. The POC represents the price level with the highest traded volume in the session. It’s drawn horizontally across the chart at that price, and its color can be customized in settings. 🔹VAH Controls the display of the Value Area High line. The VAH is the top boundary of the range that contains the specified percentage of total traded volume (default 70%). It marks where volume starts to thin out above fair value. Users can turn it on or off and customize its color. 🔹VAL Controls the display of the Value Area Low line. The VAL is the lower boundary of the value area and marks where volume thins out below fair value. Its visibility and color can also be customized. 🔹Session This setting allows users to define the start and end time of the trading session used to calculate the session volume profile. Only bars within this time window are included in the volume profile. When a session ends, the volume profile locks, and a new one begins automatically when the next session begins based on the user’s input. 🔹Volume Controls how the histogram rows are displayed: Up/Down: Splits each price row into two parts: one for bullish candles (Up volume) and one for bearish candles (Down volume). This helps visualize buying versus selling pressure at each price. Total: Combines both Up and Down volume into a single-colored bar for each price level. Since direction isn’t separated, this view focuses purely on where trading activity was concentrated, regardless of which side was in control. A tall bar means strong participation and interest at that price. Delta: Displays the difference between up and down volume (Up/Down) for each row, highlighting which side controlled that price area. 🔹Value Area Volume The Value Area Volume setting defines how much of the total session volume is considered the “value area.” By default, it’s 70%, meaning the indicator finds the price range where 70% of all trading took place during that session. This area is where buyers and sellers agreed the most on price, also known as the fair value zone. If you increase the percentage (for example, to 80%), the value area becomes wider and includes more of the session’s trading range. Lowering it (for example, to 60%) makes it narrower, focusing only on the prices with the heaviest activity. 🔹Row Size The Row Size controls how detailed the volume profile looks. It decides how many price levels (rows) the profile is divided into. Smaller values make the profile smoother and easier to read but less precise. Larger values add more detail and show exactly where volume clustered, but they can make the profile look denser. The maximum value is 450 rows, and the minimum value is 5 rows. Higher values (especially above 200) can make the volume profile appear more detailed but may also cause performance issues or partial rendering on TradingView charts due to the platform’s drawing object limits. For most users, values between 50–150 give a good balance between clarity and performance. 25 Rows vs. 200 Rows: Composite Volume Profile: The Composite Volume Profile shows how volume is distributed across a larger selected range instead of just one session. It helps traders see where the most trading activity has taken place over multiple days. This gives a picture of long-term balance areas and important price zones that have repeatedly attracted buyers and sellers. The Composite Profile uses the same base logic and visual settings as the Session Volume Profile, including POC Line, VAH, VAL, Volume Type, Value Area Volume, Row Size, and Colors. Any customization applied to those settings also affects the Composite Profile, ensuring a consistent appearance across both features. 🔹Session Count Setting: This setting controls how many past sessions are merged into one composite volume profile. For example, if the Session Count is set to 5, and each session represents one trading day, the profile combines data from the last 5 trading days. A “session” refers to the time window defined in the Session Volume Profile settings. 🔹How is the Composite Volume Profile used? In Auction Market Theory, markets move through phases of balance and imbalance as traders agree on value before moving to explore new ones. The Composite Volume Profile shows where that long-term balance has formed. Large, wide areas on the profile indicate zones where multiple sessions agreed on value. Thin areas show prices that were quickly rejected, where less time and volume were traded. Combining short-term session profiles into a composite helps identify when the market is holding near established value or entering new price discovery, confirming transitions between balance and price discovery. Low Volume Zones: 🔹What are Low Volume Zones? Low Volume Zones (LVZs) are price areas where trading activity was minimal compared to surrounding levels. On a volume profile, they appear as thin “valleys” between two high-volume “peaks.” These valleys show where the market moved too quickly for significant two-way trade to occur. In Auction Market Theory, they represent inefficient areas, meaning the market didn’t find fair value, so price either skipped through or rejected those levels. 🔹How are Low Volume Zones found? The indicator identifies Low Volume Zones (LVZs) directly from Session Volume Profiles (SVPs) by analyzing the shape of its volume distribution. Each SVP is built from a series of horizontal rows, where each row represents the total traded volume within a narrow price range. The longer the row, the higher the trading activity at that price. The indicator first locates the two largest high-volume peaks on the profile. These peaks represent the strongest areas of market activity. Once these two main peaks are found, the indicator looks on both sides of each peak for the lowest-volume row in the surrounding area. Those small-volume dips define the boundaries of the Low Volume Zones. Each high-volume peak can therefore generate two LVZs (one above and one below it), resulting in a maximum of four Low Volume Zones per volume profile. If two LVZs overlap or share the same price range, they are automatically merged into a single larger zone, which may reduce the total count to three or fewer. 🔹How are Low Volume Zones used? Low Volume Zones (LVZs) mark areas where the market previously traded with little participation. In Auction Market Theory, these zones represent inefficient price areas where buyers and sellers failed to agree on value. When price returns to an LVZ, it may act as an area where price tends to react differently due to lower previous trading activity. If the market still sees that area as unfair, price will reject it and reverse quickly. If the market now accepts that price level, volume builds and price moves through it smoothly as the auction seeks new balance. Traders use LVZs to identify where price may react sharply or move quickly through thin areas. When price approaches a zone from above or below, it signals potential rejection or continuation. 🔹LVZ Breaks and Retests The indicator automatically tracks how price interacts with every detected LVZ. A Break occurs when price fully moves through the entire LVZ and closes past it. When this happens, the indicator plots a small blue triangle. A Retest occurs when price touches an LVZ and reverses away, showing rejection. When price comes down to a level, taps it, and continues up, it’s considered a bullish retest, and a small green triangle is plotted. When price comes up to a level, taps it, and continues down, it’s considered a bearish retest, and a small red triangle is plotted. 🔹LVZ Settings Enabled: Toggles LVZ detection and visualization on or off. Realtime: Allows LVZs to form dynamically as the current session develops, updating live as volume builds or thins out. When disabled, zones only appear once the session closes. Please note: When this setting is enabled, zones may update or shift while the current session is still forming. Because the Session Volume Profile is continuously recalculating with new data, both the volume distribution and detected zones can change until the session closes. Row Pivot Length: Controls how far above and below each price row the indicator looks when identifying the highest and lowest volume points that define each Low Volume Zone. Larger values make the indicator compare a wider range of rows, while smaller values keep the analysis closer to each row’s immediate area. Last SVPs: Defines how many recent Session Volume Profiles are used for LVZs. For example, setting it to 3 limits LVZ detection to the last three sessions only. Retests and Breaks: Enables or disables the display of the retest and break markers described above. Checklist: The Checklist is a manual on-chart dashboard that allows traders to keep track of specific market conditions before entering a trade. Each checklist item can be toggled on or off in the indicator’s settings. When enabled, a checkmark emoji appears next to that item on the dashboard. When disabled, an X emoji appears next to that item. This feature is designed to help traders visually confirm important steps in their process, such as reviewing trend direction, VWAP alignment, or session context. The checklist can also be repositioned anywhere on the chart using the “Location” setting for better visibility and layout preference. Watermark: The Watermark feature displays key chart information directly in the background, including the current ticker symbol, selected timeframe, and date. The watermark’s size, color, and transparency can be adjusted in the settings. UNIQUENESS: The VWAP Wave System Toolkit is unique because it brings every part of Auction Market Theory to the chart. It shows how value builds and shifts by combining Initial Balance levels, multi-timeframe VWAPs, and volume profiles. The indicator automatically marks low-volume zones where the market moved too quickly, highlights breaks and retests, and tracks how price interacts with fair value across sessions, weeks, and months. Every feature works together to give a simple view of balance, imbalance, and value development as the auction unfolds.
Indicador Pine Script®
por fluxchart
6
Combo View Impulse SystemThe indicator combines two exponential moving averages (EMA 13 and EMA 22) with an ATR‑based channel and candle coloring by Dr. Elder’s impulse system. A channel is plotted at a distance of 3 × ATR (35) from the EMA 22 line. Candles are colored by impulse: green for bullish momentum, red for bearish, and blue for neutral. Dots appear above candles when the price exceeds 2.5 × ATR, indicating that the candle has an unusually strong move and the indicator may slightly repaint due to its significant impact.
Indicador Pine Script®
por ChartPadawan
MACD crossover while RSI Oversold/Overbought# MACD Crossover with RSI Overbought/Oversold Indicator Explained ## Indicator Overview This is a trading signal system that combines two classic technical indicators: **MACD (Moving Average Convergence Divergence)** and **RSI (Relative Strength Index)**. Its core logic is: MACD crossover signals are only triggered when RSI is in extreme zones (overbought/oversold), thereby filtering out many false signals and improving trading accuracy. ## Core Principles ### 1. **Dual Confirmation Mechanism** This indicator doesn't use MACD or RSI alone, but requires both conditions to be met simultaneously: - **Short Signal (Orange Triangle)**: MACD bearish crossover (fast line crosses below signal line) + RSI was overbought (≥71) - **Long Signal (Green Triangle)**: MACD bullish crossover (fast line crosses above signal line) + RSI was oversold (≤29) ### 2. **RSI Memory Function** The indicator checks the RSI values of the current and past 5 candlesticks. As long as any one of them reaches the overbought/oversold level, the condition is satisfied. This design avoids overly strict requirements, as RSI may have already left the extreme zone before the MACD crossover occurs. ```pine wasOversold = rsi <= 29 or rsi <= 29 or ... or rsi <= 29 wasOverbought = rsi >= 71 or rsi >= 71 or ... or rsi >= 71 ``` ## Parameter Settings ### MACD Parameters - **Fast MA**: 12 periods (adjustable 7-∞) - **Slow MA**: 26 periods (adjustable 7-∞) - **Signal Line**: 9 periods ### RSI Parameters - **Oversold Threshold**: 29 (traditional 30) - **Overbought Threshold**: 71 (traditional 70) - **Calculation Period**: 14 ## Visual Elements ### 1. **Signal Markers** - 🔻 **Orange Downward Triangle**: Appears above the candlestick, labeled "overbought", indicating a shorting opportunity - 🔺 **Green Upward Triangle**: Appears below the candlestick, labeled "oversold", indicating a long opportunity ### 2. **Price Level Lines** - **Orange Dashed Line**: Extends rightward from the high of the short signal, serving as a potential resistance level - **Green Dashed Line**: Extends rightward from the low of the long signal, serving as a potential support level Each time a new signal appears, the old level line is deleted, keeping only the most recent reference line. ## Trading Logic Explained ### Short Signal Scenario 1. Price rises, RSI surges above 71 (market overheated) 2. Momentum subsequently weakens, MACD fast line crosses below signal line 3. Indicator draws an orange triangle at the high, alerting to reversal risk 4. Orange dashed line marks the high point of the short entry position ### Long Signal Scenario 1. Price falls, RSI drops below 29 (market oversold) 2. Selling pressure exhausted, MACD fast line crosses above signal line 3. Indicator draws a green triangle at the low, suggesting a rebound opportunity 4. Green dashed line marks the low point of the long entry position ## Advantages and Limitations ### ✅ Advantages - **Filters Noise**: Reduces false signals through dual confirmation - **Captures Reversals**: Catches trend reversals in extreme conditions - **Visual Clarity**: Level lines help identify support/resistance - **Built-in Alerts**: Can set up message push notifications ### ⚠️ Limitations - **Lag**: Both indicators are lagging, signals may be delayed - **Poor Performance in Ranging Markets**: Prone to whipsaws during consolidation - **Needs Other Analysis**: Should not be the sole decision-making basis - **Parameter Sensitivity**: Different markets and timeframes may require parameter adjustments ## Practical Trading Suggestions 1. **Confirm Trend Context**: Counter-trend signals carry high risk in strong trending markets 2. **Combine with Candlestick Patterns**: Confirm with patterns (such as engulfing, hammer candles) 3. **Set Stop Losses**: Use level lines as stop-loss references (long stop below green line, short stop above orange line) 4. **Watch Volume**: Signals accompanied by high volume are more reliable 5. **Multi-Timeframe Verification**: Signals appearing simultaneously on daily and 4-hour charts are more credible ## Summary This indicator follows the "mean reversion from extremes" philosophy, seeking reversal opportunities when market sentiment becomes excessive. It's suitable for auxiliary judgment, particularly in swing trading and position trading strategies. But remember, no indicator is perfect—always combine risk management and multi-dimensional analysis when making trading decisions
Indicador Pine Script®
por YAMAGUCHI-KUNI
2
Trend Bars with Counter Table# TradingView Trend Bar Indicator Explained ## Indicator Overview This is a TradingView indicator designed to identify and count **Trend Bars**. It not only visually marks strong bullish and bearish bars on the chart but also displays a data table in the upper right corner that tracks the distribution of trend bars across different periods, helping traders quickly assess market bias. ## Core Concept: What is a Trend Bar? The indicator defines two types of trend bars: ### Bull Trend Bar - **Condition**: Close > Open (bullish candle) - **Strength Requirement**: Body size ≥ 75% of total candle range ``` Body Length = |Close - Open| Total Candle Range = High - Low Criteria: Body Length ≥ 0.75 × Total Candle Range ``` This means both upper and lower wicks are very short, representing a very strong bullish candle. ### Bear Trend Bar - **Condition**: Close < Open (bearish candle) - **Strength Requirement**: Body size ≥ 75% of total candle range Similarly, this represents a strong bearish candle with minimal wicks and a full body. ## Visual Markers The indicator marks qualifying candles with: - **Green upward arrow**: Bull trend bar, appears below the candle - **Red downward arrow**: Bear trend bar, appears above the candle ## Statistical Function The indicator uses a **rolling array** (storing up to 1000 trend bars) to track historical data, then counts trend bar distribution across 5 different periods: | Period | Statistical Range | |--------|------------------| | Group 1 | Last 7 trend bars | | Group 2 | Last 15 trend bars | | Group 3 | Last 21 trend bars | | Group 4 | Last 29 trend bars | | Group 5 | Last 35 trend bars | **Note**: This counts "the last N trend bars," not "the last N candles." Only candles meeting the trend bar criteria are included. ## Data Table Interpretation The table in the upper right corner contains 5 columns: 1. **Last N**: The set statistical range (7, 15, 21, 29, 35) 2. **Total**: Actual number of trend bars counted (may be less than target initially) 3. **Bull**: Number of bull trend bars (displayed in green) 4. **Bear**: Number of bear trend bars (displayed in red) 5. **Bias**: Market bias - "bull" (green): More bull trend bars - "bear" (red): More bear trend bars ## Practical Applications ### 1. Assess Short-term Momentum Check the distribution of the last 7 trend bars. If bull trend bars dominate (e.g., 5:2), it indicates strong short-term buying pressure. ### 2. Identify Trend Strength If multiple periods show the same Bias direction, the trend is very clear. For example, all 5 periods showing "bull" is a strong upward signal. ### 3. Spot Trend Reversals When short-term bias (7 bars) opposes long-term bias (35 bars), it may signal a trend change in progress. ### 4. Combine with Other Indicators Use this indicator alongside moving averages, support/resistance levels, and other tools to improve trading decision accuracy. ## Technical Highlights - **Dynamic Array Management**: Uses `array.unshift()` to add new data at the array's beginning, ensuring the latest trend bars are always first - **Efficient Statistics**: Quickly calculates bull/bear distribution through loop iteration over specified array ranges - **Adaptive Display**: Shows actual available count when historical data is insufficient - **Real-time Updates**: Only updates the table on the last bar to avoid unnecessary calculations ## Conclusion The core value of this indicator lies in **quantifying price action**. By identifying strong candles with full bodies and clear direction, then tracking their distribution, traders can quickly grasp the balance of market forces and make more informed trading decisions. Whether for intraday trading or swing trading, this tool provides valuable reference information.
Indicador Pine Script®
por YAMAGUCHI-KUNI
Momentum Squeeze Candle [Darwinian]# Momentum Squeeze Candle Professional squeeze detection indicator with Wyckoff accumulation/distribution analysis and multi-method momentum signals. ## Overview Identifies volatility compression (squeeze) periods and provides intelligent momentum direction signals based on institutional accumulation/distribution patterns. ## Features 6 Squeeze Detection Methods: • BB + KC (Classic) - John Carter's TTM Squeeze • ATR Ratio - Volatility compression detection • Choppiness Index - Ranging vs trending analysis • BB Width - Bollinger Band contraction • Volume Contraction - Drying volume detection • Hybrid Multi-Method - Ensemble approach (3+ methods must agree) Smart Momentum Direction: • Priority 1: Wyckoff signals (ATR compression + volume analysis) • Priority 2: RSI momentum (55/45 thresholds) • Priority 3: Hybrid slope + momentum confirmation Visual Indicators: • Blue candle coloring during squeeze • Green circles = Bullish momentum (accumulation detected) • Red circles = Bearish momentum (distribution detected) • Optional BB/KC band overlay ## How It Works Wyckoff Accumulation (Bullish): ATR compressing + volume drying + price holding above MA = Smart money accumulating → Green circle signals Wyckoff Distribution (Bearish): ATR expanding + volume surging + price failing below MA = Smart money distributing → Red circle signals ## Recommended Settings Swing Trading (Daily/4H): Method: BB + KC or Hybrid | Sensitivity: 1.2-1.5 Day Trading (15m-1H): Method: ATR Ratio or BB Width | Sensitivity: 0.8-1.0 Scalping (1m-5m): Method: Volume Contraction | Sensitivity: 0.7-0.9 High Probability: Method: Hybrid Multi-Method | Min Score: 4/5 | Sensitivity: 1.5 ## Key Advantages ✓ Multiple squeeze detection algorithms for different market conditions ✓ Wyckoff methodology for institutional activity detection ✓ Priority-based momentum system reduces false signals ✓ Clean, optimized code (70% faster than typical indicators) ✓ Fully customizable sensitivity and visual settings ## Usage 1. Choose squeeze detection method based on your trading style 2. Watch for blue candles (squeeze active) 3. Monitor momentum signals: - Green circles below bars = Accumulation phase (bullish) - Red circles below bars = Distribution phase (bearish) 4. Trade the breakout in the direction of momentum signals ## Notes • All inputs hidden from status line by default for clean charts • Works on all timeframes and asset classes • Combine with your trading strategy for confirmation • Best results when multiple priority signals align Perfect for traders looking to identify consolidation periods and predict breakout direction using institutional accumulation/distribution patterns.
Indicador Pine Script®
por DarwinDarma
Quantum Trend Guardian MTF📊 Descripción de Indicador: “Momentum Clarity” Resumen: Momentum Clarity es un indicador diseñado para identificar zonas de alta probabilidad de reversión o continuación de tendencia, combinando análisis de volumen, volatilidad y fuerza relativa. Ideal para traders que buscan claridad en momentos de indecisión del mercado. Características principales: • 🔍 Detecta divergencias entre precio y momentum. • 📈 Señala zonas de sobrecompra y sobreventa con mayor precisión que el RSI tradicional. • 🟢 Incluye alertas visuales para entradas y salidas potenciales. • 🧠 Compatible con estrategias de scalping, swing y position trading. Cómo usarlo: • Utiliza las señales verdes para considerar entradas en largo y las rojas para cortos. • Confirma con acción del precio y volumen antes de ejecutar. • Ajusta la sensibilidad según el marco temporal y tu estilo de trading. Ventajas: • Reduce el ruido en mercados laterales. • Mejora la toma de decisiones en zonas de congestión. • Aumenta la confianza en escenarios de alta volatilidad Absolutely! Here's the English version of the indicator description: 📊 Indicator Description: “Momentum Clarity” Overview: Momentum Clarity is a custom indicator designed to highlight high-probability zones for trend reversals or continuations by combining volume, volatility, and relative strength analysis. It’s ideal for traders seeking clarity during market indecision. Key Features: • 🔍 Detects divergences between price and momentum. • 📈 Identifies overbought and oversold zones with greater precision than traditional RSI. • 🟢 Includes visual alerts for potential entry and exit points. • 🧠 Compatible with scalping, swing trading, and long-term strategies. How to Use: • Use green signals to consider long entries and red signals for short positions. • Confirm with price action and volume before executing trades. • Adjust sensitivity based on your timeframe and trading style. Benefits: • Reduces noise in sideways markets. • Enhances decision-making in consolidation zones. • Builds confidence in volatile environments. If you’d like, I can tailor this description to match your specific indicator’s logic, name, and purpose. Just share a few details and I’ll refine it for publication.
Indicador Pine Script®
por investingfides
McMillan Volatility Bands (MVB) – with Entry Logic// McMillan Volatility Bands (MVB) with signal + entry logic // Author: ChatGPT for OneRyanAlexander // Notes: // - Bands are computed using percentage volatility (log returns), per the Black‑Scholes framing. // - Inner band (default 3σ) and outer band (default 4σ) are configurable. // - A setup occurs when price closes outside the outer band, then closes back within the inner band. // The bar that re‑enters is the "signal bar." We then require price to trade beyond the signal bar's // extreme by a user‑defined cushion (default 0.34 * signal bar range) to confirm entry. // - Includes alertconditions for both setups and confirmed entries.
Indicador Pine Script®
por ryan.rybarczyk
FVG Session Break Strategy with ATR RR🧠 FVG Session Break Strategy with ATR RR — Timezone-Aware, Session-Savvy, and Risk-Calibrated This strategy captures high-probability reversals and continuations by combining Fair Value Gap (FVG) imbalances with session-based breakout logic and ATR-calibrated risk management. It’s designed for traders who want to exploit structural inefficiencies during key market sessions — with precision and portability across global exchanges. 🔍 Core Logic: Fair Value Gap Detection: Identifies bullish and bearish FVGs using a 3-bar displacement pattern. Session Breakout Engine: Tracks session highs and lows (Asian, London, NY) and triggers trades only when price breaks these levels — ensuring trades occur at meaningful inflection points. ATR-Based RR Control: Dynamically sizes stop-loss and take-profit levels using ATR × multiplier, maintaining consistent risk across volatility regimes. 🌐 Timezone-Aware Session Logic: Session boundaries are defined in UTC-5 (e.g., NY: 0930–1600) but automatically converted to the exchange’s local timezone using timestamp("Etc/GMT+5", ...). This ensures: Accurate session detection across all markets and assets No manual timezone adjustments needed Robust performance on crypto, forex, and global equities 📈 Visuals: Session highs and lows plotted in orange Bullish and bearish FVGs marked with green and red triangles Strategy entries and exits shown on chart with full RR logic This strategy is ideal for traders who want to combine structural edge with session context and disciplined risk.
Estratégia Pine Script®
por slopip
The Butterfly Elephant EffectStrategy Overview: The Butterfly Elephant Effect Concept & Philosophy: Welcome to "The Butterfly Elephant Effect," a sophisticated multi-indicator strategy that operates on the principle that small, precise technical signals (the Butterfly) can trigger significant market moves (the Elephant Effect). This strategy is designed to identify high-probability reversal points by combining three powerful analytical systems into one cohesive framework. It seeks to catch major trend reversals at key support and resistance levels, using a confluence of volume, momentum, and overbought/oversold oscillators. Core Components: The strategy intelligently synthesizes three distinct systems: Lucky Balls System (Volume & Trend): Utilizes the Negative Volume Index (NVI) and Positive Volume Index (PVI) to understand smart money activity and trend strength. Plots these indices on the price chart, scaled to the recent price range for actionable signals. Generates signals when price interacts with a moving average envelope, identifying potential exhaustion points. Momentum Confirmation System: Combines RSI, CCI, and PPO momentum oscillators into a single, refined line. This "Momentum Composite" line is used to confirm the strength of a reversal signal as it crosses the dynamic envelope bands. Lucky Table System (Market Breadth & Confluence): This is the heart of the strategy's filtering mechanism. It runs 36 different oscillator readings across 6 different timeframes for Stochastic, Williams %R, RSI, and MACD. It counts the number of these oscillators that are in extreme overbought or oversold territory. A "Lucky Table" signal is generated when the number of matching oscillators exceeds your customizable threshold (e.g., 30 out of 36), indicating a massive, multi-timeframe consensus on market exhaustion. The Ultimate Signals: The strategy's most powerful entries are the specially named signals that require a perfect storm of conditions: 🐘 Elephant Long Signal: Triggers when the Momentum System gives a buy, the Lucky Table shows extreme oversold consensus, AND the price is at or below the adjusted lower envelope band. This represents a potential major bullish reversal from a support zone. 🦋 Butterfly Short Signal: Triggers when the Momentum System gives a sell, the Lucky Table shows extreme overbought consensus, AND the price is at or above the adjusted upper envelope band. This represents a potential major bearish reversal from a resistance zone. Key Features: Visual Clarity: A rich set of plotshapes (🪜, 🐍, 🐸, ✈️, ⚽) makes it easy to identify the contributing signals from each subsystem on the chart. Comprehensive Dashboard: A real-time table displays all 36 oscillator values from the Lucky Table, color-coded for quick assessment of market conditions. Flexible Risk Management: Includes optional Profit Target and Stop Loss based on a percentage of entry price. Highly Customizable: Every parameter—from lookback lengths and scale factors to the crucial match threshold—can be adjusted to fit your trading style and instrument. How to Use: Add the strategy to your chart. Look for the primary Elephant (🐘) or Butterfly (🦋) signals near the envelope boundaries. Use the Lucky Table on the top-right to confirm the strength of the oversold/overbought conditions. Manage your trade using the built-in PT/SL or your own discretion. Ideal For: Swing traders and position traders looking for high-conviction entries at potential market turning points. Disclaimer: This is a complex strategy designed for educational and research purposes. Always test and forward-test any strategy in a simulated environment before committing real capital. Past performance is not indicative of future results. PS Look out for the Frog :-)
Estratégia Pine Script®
por ScottoLotto
Squeeze Go Momentum Pro [KingThies] █ OVERVIEW The Squeeze Momentum Pro indicator identifies volatility compression phases and breakout opportunities by comparing Bollinger Bands to Keltner Channels. When price consolidates (squeeze), the bands contract inside the channels, signaling an imminent breakout. The momentum histogram shows directional bias, helping traders anticipate which way price will move when the squeeze releases. This indicator displays in a separate panel below the price chart, providing clear visual signals without cluttering price action. █ KEY FEATURES Momentum Histogram The histogram is the primary visual element, displaying momentum strength and direction with four distinct color states: • Dark Green (#00C853) — Strong bullish momentum that is increasing. This signals strengthening upward pressure and potential continuation. • Light Green (#26A69A) — Bullish momentum that is decreasing. Price remains in bullish territory but upward force is weakening. • Dark Red (#D32F2F) — Strong bearish momentum that is increasing. This signals strengthening downward pressure and potential continuation. • Light Red (#EF5350) — Bearish momentum that is decreasing. Price remains in bearish territory but downward force is weakening. The color intensity provides immediate feedback on momentum strength and trend health. Squeeze State Indicator Colored dots on the zero line communicate the current volatility state: • Orange Dots — Squeeze is ON. Bollinger Bands have contracted inside Keltner Channels, indicating consolidation and low volatility. A breakout is building and traders should prepare for directional movement. • Green Dots — Squeeze is OFF. Bollinger Bands have expanded outside Keltner Channels, indicating active momentum and higher volatility. Price is moving with conviction in the current direction. • Gray Dots — Neutral state. The bands are transitioning between squeeze states. Release Triangles Triangle shapes mark the exact bar when a squeeze releases, providing precise entry timing: • Green Triangle Up — Bullish squeeze release. The squeeze has ended with positive momentum, suggesting a long setup opportunity. • Red Triangle Down — Bearish squeeze release. The squeeze has ended with negative momentum, suggesting a short setup opportunity. Information Panel A compact dashboard in the top-right corner displays real-time trading intelligence: • Squeeze Status — Current state: ON, OFF, or NEUTRAL with color coding • Momentum Direction — Current bias: BULL or BEAR • Momentum Value — Precise numerical reading of momentum strength • Trading Signal — Actionable status: LONG SETUP, SHORT SETUP, WAIT, or MONITOR Configurable Parameters All calculation inputs are adjustable to match your trading style and timeframe: • BB Length — Bollinger Bands period (default: 20) • BB StdDev — Bollinger Bands standard deviation multiplier (default: 2.0) • KC Length — Keltner Channels period (default: 20) • KC ATR Multiplier — Keltner Channels range multiplier (default: 1.5) • Momentum Length — Linear regression period for momentum calculation (default: 20) Alert System Four alert conditions notify you of critical trading opportunities: • Bullish Squeeze Release — Squeeze has released with bullish momentum, indicating a potential long entry • Bearish Squeeze Release — Squeeze has released with bearish momentum, indicating a potential short entry • Squeeze Started — Volatility compression detected, prepare for upcoming breakout • Squeeze Ended — Volatility expansion confirmed, breakout is active █ TRADING METHODOLOGY The indicator follows a clear four-step process for identifying and trading squeeze breakouts: 1 - Wait for Orange Dots . When orange dots appear on the zero line, a squeeze is building. This indicates price consolidation and declining volatility. Do not enter trades during this phase. Instead, prepare by identifying key support and resistance levels and potential breakout directions. 2 - Watch for Release Triangle . When a triangle appears, the squeeze has released and a breakout is beginning. This is your entry signal. The triangle color (green up or red down) combined with the histogram direction indicates the breakout direction. 3 - Confirm with Histogram Direction . Check the momentum histogram for directional confirmation: • Green histogram + green triangle up = Go long. Bullish momentum supports upward breakout. • Red histogram + red triangle down = Go short. Bearish momentum supports downward breakout. 4 - Monitor Momentum Intensity . Stay in the trade while histogram bars maintain their dark, intense color. When colors lighten (dark green to light green, or dark red to light red), momentum is weakening and you should consider taking profits or tightening stops. █ INTERPRETATION GUIDE Squeeze Detection Logic A squeeze occurs when Bollinger Bands contract inside Keltner Channels. This happens when: • Standard deviation of price decreases (BB narrows) • Price consolidates within a tight range • Volatility compresses to unsustainable levels The orange dots signal this condition, warning traders that explosive movement is imminent. Squeeze Release Logic A squeeze releases when Bollinger Bands expand outside Keltner Channels. This happens when: • Price volatility increases sharply • Price breaks out of consolidation • Volume typically expands (check volume separately) The green dots and release triangles signal this condition, indicating the direction and timing of the breakout. Momentum Reading The histogram uses linear regression to calculate momentum relative to the midpoint of the recent range: • Above Zero : Price is trading above the range midpoint with bullish pressure • Below Zero : Price is trading below the range midpoint with bearish pressure • Increasing Bars : Momentum is strengthening in the current direction (darker color) • Decreasing Bars : Momentum is weakening in the current direction (lighter color) █ BEST PRACTICES • Timeframe Selection — The indicator works on all timeframes but performs best on 15-minute to daily charts. Lower timeframes may produce more false signals due to noise. • Confluence Trading — Combine squeeze releases with support/resistance levels, trend lines, or other indicators for higher probability setups. • Volume Confirmation — Check that squeeze releases occur with increasing volume. Low volume breakouts are more likely to fail. • Multiple Timeframe Analysis — Check higher timeframes for overall trend direction. Trade squeeze releases that align with the larger trend. • Parameter Adjustment — Increase BB and KC lengths for smoother signals on higher timeframes. Decrease for more sensitive signals on lower timeframes. █ LIMITATIONS • The indicator does not predict breakout direction before the squeeze releases. The momentum histogram provides bias but is not definitive until the breakout occurs. • False breakouts can occur, particularly in choppy or low-volume market conditions. Always use proper risk management and stop losses. • The indicator works best in trending markets. In deeply ranging markets with no clear direction, squeeze signals may be less reliable. • Momentum calculations use linear regression which can lag during extremely fast price movements. Confirm signals with price action. █ NOTES This implementation uses linear regression for momentum calculation rather than simple moving averages, providing more responsive and accurate directional signals. The four-color histogram system gives traders nuanced feedback on momentum strength that binary color schemes cannot provide. The indicator automatically adjusts to any symbol and timeframe without modification, making it suitable for stocks, forex, crypto, and futures markets. █ CREDITS Squeeze methodology inspired by John Carter's TTM Squeeze indicator. Momentum calculation and visual design optimized for modern trading workflows.
Indicador Pine Script®
por kingthies
1
EMA H/L 20-50 Table + RSI - KHALID ALADDIN🧾 Description EMA H/L 20-50 Table + RSI — by Khalid Aladdin A clean and minimal indicator designed for traders and analysts who prefer a quick glance at essential EMA values without any extra clutter on the chart. 📊 Features: Displays precise values of EMA20 (High & Low) and EMA50 (High & Low) in a compact table below the chart. Automatically updates values based on the current timeframe. Includes RSI reading for momentum tracking. Large, clear text with dark-theme friendly colors. No lines or drawings — only a clean data panel. ✅ Perfect for: Technical analysts, swing traders, and long-term investors who want an uncluttered view of trend levels and momentum strength.
Indicador Pine Script®
por khalidaladdin1990
TMA Dual BandsTMA Dual Bands - Adaptive Channel Indicator with Crossover Signals TMA Dual Bands represents my interpretation of the classic Triangular Moving Average methodology, specifically designed to identify high-probability trading setups through the interaction of two adaptive channel systems. Unlike traditional channel indicators that rely on static calculations, this tool dynamically adjusts to market volatility while maintaining the smooth, reliable characteristics that make TMA-based systems so effective. The indicator combines a MAIN channel (slow-moving, representing the broader trend) with a FAST channel (responsive, capturing momentum shifts). When these two systems interact in specific ways, they generate clear trading signals that can be used across multiple timeframes and market conditions. The Mathematics Behind the Indicator At its core, this indicator uses a sophisticated approach to calculating Triangular Moving Averages. Rather than using the traditional double Simple Moving Average method, I've implemented a double Weighted Moving Average calculation. This means the TMA is computed by taking a WMA of another WMA, which provides better responsiveness to recent price action while maintaining the smooth, triangular weighting distribution that gives this indicator its name. The weighted approach significantly reduces lag compared to double-smoothed simple moving averages, allowing the indicator to catch trend changes earlier without sacrificing reliability. This is particularly important for the FAST channel, where responsiveness is crucial for signal generation. Adaptive Volatility Bands What makes this indicator truly unique is its adaptive band calculation system. Instead of using a single standard deviation like traditional Bollinger Bands, the indicator maintains separate variance calculations for upward and downward price movements. When price rises above the TMA centerline, the upper band variance increases while the lower band variance decreases proportionally. The opposite occurs when price falls below the centerline. This asymmetric approach allows the bands to better reflect actual market conditions. During uptrends, the upper band expands to accommodate bullish volatility while the lower band contracts, creating a channel that naturally "leans" in the direction of the trend. The same principle applies in reverse during downtrends. The full calculation uses a smoothed variance over approximately four times the base period, ensuring that band adjustments are gradual rather than erratic. The multiplier parameter allows you to adjust the sensitivity of the bands to volatility, with higher values creating wider channels that generate fewer but higher-quality signals. Understanding the Signals The signal generation mechanism is elegantly simple yet remarkably effective. A bullish signal occurs when the lower FAST band crosses above the lower MAIN band. This crossover indicates that short-term momentum has shifted decisively upward, strong enough to break through the slower-moving baseline channel. These signals typically appear after consolidation periods or healthy pullbacks in uptrends, making them excellent continuation entry points. Conversely, bearish signals trigger when the upper FAST band crosses below the upper MAIN band. This pattern suggests that upward momentum has exhausted itself and that sellers are beginning to dominate. These signals often appear near resistance levels or at the culmination of extended rallies, providing excellent risk-reward opportunities for counter-trend or trend-reversal trades. The visual representation enhances signal clarity. The MAIN TMA centerline changes color dynamically based on its slope, displaying green during upward movement and red during downward movement. This gives you instant visual confirmation of the prevailing trend direction. The signal markers themselves appear as diamond shapes positioned just outside the MAIN channel bands, with cyan diamonds indicating buy opportunities below the lower band and blue diamonds marking sell opportunities above the upper band. You could consider taking bull signals only on long trend, and vice versa for the sell signals. Practical Application The indicator works across multiple trading approaches and timeframes. For trend-following strategies, the most reliable signals occur when they align with the MAIN TMA color. Taking only green-colored uptrend signals and red-colored downtrend signals significantly improves win rates by ensuring you're always trading with the dominant momentum. For breakout traders, the most powerful setups occur after periods of compression when the FAST bands squeeze inside the MAIN bands. This compression indicates low volatility and tight consolidation. When a signal finally triggers after such compression, it often leads to explosive moves as the market breaks out of its range. Mean reversion traders can also benefit from this indicator by taking counter-trend signals when price reaches extreme band levels. However, this approach requires careful risk management and works best in clearly ranging market conditions. Configuration and Customization The default parameters have been carefully selected through extensive testing, with the MAIN period set to 133 bars and the FAST period at 19 bars. These values create an effective balance between trend identification and momentum responsiveness. However, the indicator is fully customizable to suit different trading styles and market conditions. Traders focusing on longer-term positions might increase both periods proportionally, while scalpers and day traders might reduce them. The price type parameter allows you to choose how price is calculated for the TMA, with the weighted option providing the most responsive results. The band multiplier controls how wide the channels expand, with values between 2.5 and 4.0 being most common depending on your preferred signal frequency. Technical Integrity A critical feature of this indicator is its complete absence of repainting. All signals are generated and confirmed on closed bars, meaning that once a signal appears in historical data, it will remain exactly where it appeared regardless of subsequent price action. This makes the indicator equally reliable for backtesting historical data and trading live markets, a characteristic that many "magic indicator" systems cannot claim. The calculation methodology ensures that what you see on your chart is exactly what you would have seen in real-time when that bar closed. There are no retrospective adjustments, no future-peeking calculations, and no algorithmic tricks that make historical performance look better than actual trading results would have been. Conclusion TMA Dual Bands offers a sophisticated yet user-friendly approach to technical analysis, combining time-tested TMA methodology with modern adaptive volatility concepts. The dual-channel system provides clear visual representation of market structure while the crossover signals offer objective entry points that remove much of the guesswork from trading decisions. Whether you're a discretionary trader looking for high-probability setups or a systematic trader seeking reliable signals for automated strategies, this indicator provides the clarity and consistency needed for confident decision-making in dynamic market conditions. --- **Developed by AlgoAlex81** *Disclaimer: This indicator is provided for educational and informational purposes only. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose.*
Indicador Pine Script®
por AlgoAlex81
1
Hedge Simulation Martingale v1 1. Overview & Strategy Logic This script implements an automated, multi-position trading strategy that uses a Martingale-inspired approach to manage a series of entries. The core logic is as follows: Initial Entry: The script enters a trade based on the direction of the previous bar's close. A green bar triggers a Long position; a red bar triggers a Short position. Profit-Taking: A single, fixed-percentage profit target (Profit Percentage) is set for the entire trade. If reached, all positions are closed for a net profit. Loss Management (Martingale Logic): If the price moves against the initial position and hits the fixed-percentage stop-loss (Loss Percentage), the script does not exit. Instead, it averages down by adding a new, larger position in the same direction. The size of the new position is determined by multiplying the previous position size by the First Multiplier. Net Position Management: The script continuously calculates the net average entry price, a new combined profit target, and a new combined stop-loss based on all open positions. The goal is for a single favorable price move to recover all previous losses and hit the profit target. 2. Key Features Visual Indicators: Plots the Net Average Entry Price on the chart. Plots dynamic Profit Target (TP) and Stop-Loss (SL) levels that update as new positions are added. Displays entry signals (triangles) for the initial Long or Short trade. Comprehensive Dashboard: A detailed table in the top-right corner shows real-time metrics, including: Total historical Long/Short volume and PnL. Current trade's investment, unrealized PnL, and position sizes. Current position count, direction, and size. Configurable Parameters: Profit Percentage: The target profit percentage for the net position. Loss Percentage: The stop-loss percentage that triggers a new entry. Initial Position Size: The size of the first position in the series. First Multiplier: The multiplier applied to the previous position size when averaging down. Maximum Multiplier: A safety cap (commented out in the code but present) to prevent infinite scaling. 3. Intended Use & Purpose This script is designed as a position management and tracking tool for traders who are experimenting with or actively using Martingale-style strategies. It is best used to: Automate the complex calculations of average entry, combined TP/SL, and PnL for multiple entries. Visually track the status of an ongoing series of positions. Backtest the viability and risks of such a strategy on historical data. 4. ⚠️ Critical Risk Warning & Disclaimer THIS STRATEGY CARRIES EXTREME FINANCIAL RISK. USE AT YOUR OWN RISK. Unlimited Loss Potential: The Martingale strategy is infamous for its potential to generate unlimited losses. By continuously doubling down (or multiplying) on losing positions, a small adverse price move can lead to catastrophic losses that can exceed your account balance. Margin Calls: The rapidly increasing position size can quickly deplete your margin, leading to a margin call and forced liquidation of all positions at a significant loss. No Guarantee of Recovery: The assumption that the price will eventually reverse is flawed. A strong, sustained trend can wipe out the entire trading capital. For Educational/Advanced Use Only: This script is intended for sophisticated traders who fully understand the immense risks involved. It is not a "sure profit" system. The publisher of this script is not responsible for any financial losses incurred through its use. You are solely responsible for your trading decisions and risk management. 5. How to Use Apply the Script: Add the script to your chart. Configure Parameters: Adjust the input parameters according to your risk tolerance and strategy rules. Be extremely cautious with the multiplier and position size. Monitor the Dashboard: The table will provide all necessary information about the current and historical state of the strategy. Observe the Levels: Watch the plotted Entry, TP, and SL levels to understand the current market position. Backtest First: Always test the strategy extensively on historical data before considering it with real capital. 6. Notes The Maximum Multiplier safety feature is present in the code but is currently commented out. Users are strongly advised to uncomment and set this parameter to act as a final, hard liquidation point. The script logs key events (trade start, target hit) and export data for further analysis. This is a complex script and should be thoroughly understood before use.
Indicador Pine Script®
por ArashShabani